1 00:00:00,140 --> 00:00:02,540 Yo-yo, yo-yo, yo, what up? What up? 2 00:00:02,550 --> 00:00:03,600 Good morning. Good morning. 3 00:00:03,610 --> 00:00:12,920 G MG The Friday, October 20th, 2023. 4 00:00:12,970 --> 00:00:16,520 Look at that. Another beautiful day to have a 5 00:00:16,530 --> 00:00:19,960 beautiful day. I got my calls to the house. 6 00:00:20,210 --> 00:00:24,600 Mando, how you doing today? I'm doing great man, a day of 7 00:00:24,610 --> 00:00:28,100 travelling yesterday nice to flying to Lisbon during Atlantic 8 00:00:28,110 --> 00:00:32,390 Storm. Wild flight, but yeah, made it 9 00:00:32,400 --> 00:00:34,750 back. Not leaving for a month, at 10 00:00:34,760 --> 00:00:39,570 least now. So I I hate those white flights 11 00:00:39,620 --> 00:00:43,060 that I, I I I don't like it. We were on the tongue like 2 12 00:00:43,070 --> 00:00:45,580 hours we take off and then they were like, yeah we're gonna 13 00:00:45,590 --> 00:00:48,760 green light it. My wife was like, you shouldn't, 14 00:00:48,770 --> 00:00:50,430 you shouldn't fly in this. Like it's horrific. 15 00:00:50,440 --> 00:00:52,770 It was horrific and it was a big storm coming through and then, 16 00:00:52,780 --> 00:00:54,790 but when I landed it was like, it was fine sunshine. 17 00:00:56,010 --> 00:00:57,450 There you go. We landed. 18 00:00:57,460 --> 00:00:59,820 It was fine sunshine. So that was great. 19 00:01:00,390 --> 00:01:02,510 That was a lot of fun. I know movies on audio. 20 00:01:02,970 --> 00:01:08,010 What's up, Ovie? Never mind, so. 21 00:01:09,410 --> 00:01:11,490 He's driving, right? I know he's driving, yeah. 22 00:01:11,500 --> 00:01:14,520 Ohh, do your thing. You drive home, drive safe and 23 00:01:14,530 --> 00:01:20,530 we'll see you when we see you. Sorry, Whoa, sorry about that. 24 00:01:20,660 --> 00:01:22,870 We are so back to broadcast is in. 25 00:01:22,920 --> 00:01:28,810 We are live as usual, across all platform on audio and on video. 26 00:01:28,910 --> 00:01:31,280 There you go. So you were flying from London. 27 00:01:31,600 --> 00:01:34,650 You guys had a retro yesterday. So how did that go? 28 00:01:36,390 --> 00:01:39,640 I forget what do we even talk about it, It was, it was, I mean 29 00:01:39,650 --> 00:01:42,830 we booked it this year, we put it while back because it's meant 30 00:01:42,840 --> 00:01:46,300 to be anti London this year, this year and we had two weeks 31 00:01:46,310 --> 00:01:47,680 to choose from. We were like right, we either do 32 00:01:47,690 --> 00:01:51,640 it near freeze or do it near London and the London end up 33 00:01:51,650 --> 00:01:56,520 cancelling take them off vibes. So it was it was mainly European 34 00:01:56,530 --> 00:01:59,910 focus, although like some of the OG rec guys flew in. 35 00:02:01,210 --> 00:02:03,980 It was really good. I actually, I actually think I 36 00:02:03,990 --> 00:02:06,320 even preferred it to the year before because the year before 37 00:02:06,330 --> 00:02:09,479 it was just fucking. There was just so many people 38 00:02:09,539 --> 00:02:12,260 you could even couldn't even walk around the place in London. 39 00:02:13,350 --> 00:02:16,440 So it was a it was more chill the London venue smaller than 40 00:02:16,450 --> 00:02:20,550 the the, the New York venue. So it's it's just easier to have 41 00:02:20,560 --> 00:02:24,120 that many people and then. Maybe he wasn't drinking, but I 42 00:02:24,130 --> 00:02:28,300 yeah, I I, I kind of continued with the core group afterwards. 43 00:02:31,150 --> 00:02:34,820 Hello. I love that. 44 00:02:34,890 --> 00:02:37,060 I mean, one of you guys had to carry the group, right? 45 00:02:37,350 --> 00:02:38,160 Like what? What? 46 00:02:38,170 --> 00:02:39,800 One of you guys had the ticket for the team. 47 00:02:39,810 --> 00:02:41,820 I like that, that I wish I was here. 48 00:02:41,870 --> 00:02:43,140 I wish I was here. I was here. 49 00:02:43,150 --> 00:02:46,600 Mando, if Mando carried on. Listen, Mando gets kind of. 50 00:02:46,670 --> 00:02:49,520 Mando gets quite fun where it carries on. 51 00:02:49,590 --> 00:02:52,740 So I definitely wish that's. Why? 52 00:02:52,750 --> 00:02:55,160 I'm a fun hip. You are a fun guy. 53 00:02:55,210 --> 00:02:59,490 Wait, remove the hip. You are a fun guy these days. 54 00:02:59,820 --> 00:03:02,890 You're definitely a fun guy, but it's been a while since we've 55 00:03:02,900 --> 00:03:06,670 gone out together. Yeah, out, out. 56 00:03:06,760 --> 00:03:09,050 Been a while, Been a while. We did the little, you know, 57 00:03:09,060 --> 00:03:16,220 little knack things, but not that, yo, Miami is gonna be wild 58 00:03:16,230 --> 00:03:19,740 because because always knocking that guy out at the end of 59 00:03:19,750 --> 00:03:23,200 November and then he's coming to Miami from there. 60 00:03:23,270 --> 00:03:26,340 I'll be in Miami early on and then we have Basil, so like 61 00:03:26,350 --> 00:03:30,170 he'll be able to drink as well. It's celebrate like 3 months of 62 00:03:30,180 --> 00:03:36,820 like hardcore trading. Well, I imagine the the guy's 63 00:03:36,830 --> 00:03:41,500 gonna rage like training twice a day for all this time and you 64 00:03:41,510 --> 00:03:43,720 fight. I went over to his house. 65 00:03:43,730 --> 00:03:46,400 He was he was full on training. But he's. 66 00:03:46,450 --> 00:03:49,250 I mean there is just imagine that's like you're about to go 67 00:03:49,260 --> 00:03:52,190 into the ring with someone that is pretty big motivation like at 68 00:03:52,200 --> 00:03:54,690 all times. Mostly thinking, fuck yeah, I 69 00:03:54,700 --> 00:03:56,160 really want to get punched in the face. 70 00:03:56,170 --> 00:03:57,880 Like, also not wearing headgear, right. 71 00:03:57,890 --> 00:04:00,780 Exactly like. I don't know, although I saw the 72 00:04:00,790 --> 00:04:02,880 video of like rookies fight two years ago. 73 00:04:04,130 --> 00:04:06,560 This is amateur level, I think. Yeah. 74 00:04:06,570 --> 00:04:09,440 No, I would. You fight. 75 00:04:09,640 --> 00:04:12,850 With them, we're in shape. Did you fight? 76 00:04:14,710 --> 00:04:17,000 I've I've I used to do a bit of boxing. 77 00:04:17,010 --> 00:04:18,930 I haven't. I haven't for a long time, but 78 00:04:18,940 --> 00:04:20,709 would you fight? Like would you get on the ring 79 00:04:20,720 --> 00:04:22,070 with someone? Big ass head. 80 00:04:22,079 --> 00:04:24,880 You know, Like, I think it's a it's a big target for people to 81 00:04:24,890 --> 00:04:26,360 hit. So I don't know if I'd be the 82 00:04:26,370 --> 00:04:28,030 best. Yeah, but that jaw, You've got 83 00:04:28,040 --> 00:04:29,960 that English jaw, you know, like this. 84 00:04:29,970 --> 00:04:34,240 Jaw you could take, you could take some punches, you know. 85 00:04:34,690 --> 00:04:37,040 Yeah, why not? Fucking throw me in the ring? 86 00:04:38,240 --> 00:04:39,180 Go. Let's go. 87 00:04:39,190 --> 00:04:40,040 I don't know. I'm not. 88 00:04:40,110 --> 00:04:41,400 I wouldn't do it. I wouldn't want it. 89 00:04:41,410 --> 00:04:43,420 Like what if you get hit in the head and then you? 90 00:04:43,430 --> 00:04:48,170 Pay to beautiful to bring man like. 91 00:04:49,210 --> 00:04:53,720 No one's touching that hair like the glass, like the whole thing 92 00:04:53,730 --> 00:04:56,360 is just perfectly manicured. There's no way we're putting you 93 00:04:56,370 --> 00:05:01,440 in a ring, right? I appreciate that. 94 00:05:01,790 --> 00:05:05,440 But I also am saying like I don't want to get punched in the 95 00:05:05,450 --> 00:05:07,560 head and end up like redacted, you know what I mean? 96 00:05:07,650 --> 00:05:09,890 Like, like that's like my biggest scare. 97 00:05:09,900 --> 00:05:12,240 Like I'm looking at all these even these YouTube boxer 98 00:05:12,250 --> 00:05:14,480 fighters, like they're still getting hit in the face. 99 00:05:14,550 --> 00:05:17,220 They're still getting hit in the in the back of the head and 100 00:05:17,230 --> 00:05:19,410 stuff. And I I don't, I don't know, I 101 00:05:19,420 --> 00:05:21,040 don't want to. I'm not into that. 102 00:05:21,050 --> 00:05:24,850 But anyways. Tyson line right Everyone's got 103 00:05:24,940 --> 00:05:29,570 get punched in the face yes that's that's that's definitely 104 00:05:29,580 --> 00:05:33,180 it that's definitely but anyways talking about plans, talking 105 00:05:33,190 --> 00:05:40,150 about plants today on the show, today, today, market update 106 00:05:40,660 --> 00:05:44,990 October is definitely back. I mean, we had a wrecked over 107 00:05:45,000 --> 00:05:47,410 for like a week or so and everybody turned bearish. 108 00:05:48,860 --> 00:05:51,350 Look at them now. Look at the timeline. 109 00:05:51,360 --> 00:05:52,800 Now we're not going to celebrate. 110 00:05:53,730 --> 00:05:56,000 We're not gonna over celebrate, that's for sure. 111 00:05:56,670 --> 00:05:59,760 I mean, ETH is definitely not worth celebrating for at the 112 00:05:59,770 --> 00:06:02,230 moment, but it's still October after. 113 00:06:02,240 --> 00:06:03,680 Also, we'll be talking about the market. 114 00:06:04,690 --> 00:06:06,480 We kind of talked about the rec show. 115 00:06:07,550 --> 00:06:10,560 We can catch up on the F1 stuff. Maybe on Monday because it's 116 00:06:10,570 --> 00:06:12,030 going to be a big weekend. It'll be fun. 117 00:06:12,470 --> 00:06:15,580 Elon Musk. Elon Musk goes full tumour, 118 00:06:15,630 --> 00:06:18,880 warns us about the economy. I saw he even posted his arsenal 119 00:06:18,890 --> 00:06:21,700 of weapons. That thing is crazy. 120 00:06:21,740 --> 00:06:30,690 Gary Gensler throws in the towel again 1111 and then uh should 121 00:06:30,700 --> 00:06:35,380 you keep up should you sleep on flooring protocol to some more 122 00:06:35,390 --> 00:06:37,590 updates on that front. I'm seeing out over my timeline 123 00:06:37,840 --> 00:06:40,510 so I'll I'll I'll probably let you take on that one because 124 00:06:40,600 --> 00:06:42,170 there's a lot of stuff going on that front. 125 00:06:42,240 --> 00:06:45,010 And then last but not least reminder that today is the last 126 00:06:45,020 --> 00:06:50,430 day for your is the day for your stubs burn from Starboy who was 127 00:06:50,440 --> 00:06:52,960 on the show on Monday. If you want to listen back to 128 00:06:52,970 --> 00:06:57,930 the podcast right is Mando market update woof we hit 30 129 00:06:57,940 --> 00:07:02,230 point 2K this morning overnight. I don't know when, but give it 130 00:07:02,240 --> 00:07:03,800 to me what's happening in the market. 131 00:07:04,930 --> 00:07:08,040 Market feels good. It is. 132 00:07:08,170 --> 00:07:11,460 It is. I mean, it's really just Bitcoin 133 00:07:11,470 --> 00:07:13,960 and Solana which which have just skyrocketed. 134 00:07:15,310 --> 00:07:19,350 I think I was looking at on the monthly sort of the last month. 135 00:07:19,360 --> 00:07:23,770 Let me just bring this up. I think Bitcoin over the last 136 00:07:23,780 --> 00:07:27,650 seven days. Bitcoins up 10%, Solana is up 137 00:07:27,660 --> 00:07:34,210 25% and ETH is up 4% if you do that over the last over the last 138 00:07:34,220 --> 00:07:37,730 month. It's it's even more aggressive. 139 00:07:37,740 --> 00:07:43,020 So over the last month, Bitcoin is up 10%, Salon is up 35%, in 140 00:07:43,080 --> 00:07:47,950 ETH is down 1%. Which just tells you it was kind 141 00:07:47,960 --> 00:07:49,070 of what we said in the show last week. 142 00:07:49,080 --> 00:07:53,840 Like I I think the the narrative right now is with Bitcoin and 143 00:07:53,910 --> 00:07:58,300 some of these, particularly Solana, um, some of these all 144 00:07:58,310 --> 00:08:02,740 ones which are starting to like see some activity as long as 145 00:08:02,750 --> 00:08:05,410 probably the most obvious that there have been a few others in 146 00:08:05,420 --> 00:08:11,260 that world, but everything else hasn't really had a great last 147 00:08:11,270 --> 00:08:13,300 month. Everything's picking up a little 148 00:08:13,310 --> 00:08:16,300 bit, but it still feels Bitcoin there, or Solana LED and 149 00:08:16,310 --> 00:08:18,570 everything else is kind of just playing catch up. 150 00:08:18,740 --> 00:08:22,060 Um, although there were some popular short squeezes out like 151 00:08:22,070 --> 00:08:25,740 Matic got short Squeeze today and a couple of other ones, but 152 00:08:25,750 --> 00:08:27,430 everyone has been piling into shorts. 153 00:08:27,760 --> 00:08:31,450 Seemed to feel some pain. What caused this? 154 00:08:31,520 --> 00:08:32,950 Well, there's a few different things. 155 00:08:34,789 --> 00:08:37,740 Mainly we'll get into it a little bit later, but Gary seems 156 00:08:37,750 --> 00:08:40,299 to be slowly throwing in the towel. 157 00:08:40,450 --> 00:08:42,580 You you saw some positive news about Ripple. 158 00:08:42,590 --> 00:08:44,320 They're not going to continue the lawsuits against the 159 00:08:44,330 --> 00:08:47,900 executives. You've just seen continual news 160 00:08:47,910 --> 00:08:52,820 about the ETF and I think at this stage, as I've said before, 161 00:08:52,830 --> 00:08:55,520 like I think it's going to be slightly over exaggerated how 162 00:08:55,530 --> 00:08:59,100 big the effect is going to be. But that's the narrative. 163 00:08:59,110 --> 00:09:02,040 And one thing I've learned about being in crypto is that a 164 00:09:02,050 --> 00:09:04,780 narrative can just take you to a crazy level. 165 00:09:04,790 --> 00:09:08,440 It always overextends and then and then when the reality hits 166 00:09:08,450 --> 00:09:09,940 in, it could be very, very painful. 167 00:09:10,030 --> 00:09:15,300 But I think the the hopium of the ETF could really drive 168 00:09:15,310 --> 00:09:17,590 things and you're already seeing that like. 169 00:09:17,660 --> 00:09:23,000 It comes up 10% in a week and we are what, close to 80 days left 170 00:09:23,010 --> 00:09:25,870 now? Um, there are a lot of different 171 00:09:26,820 --> 00:09:30,370 predictions at the moment. Matrix Port, put out at a very 172 00:09:30,380 --> 00:09:34,450 popular research firm in Crypto, put out a report saying they 173 00:09:34,460 --> 00:09:40,030 think by the time the ECF is approves, Bitcoin goes to 42 K 174 00:09:40,100 --> 00:09:45,610 and potentially up to 57 K So the hopium is being fucking 175 00:09:45,620 --> 00:09:50,810 smoked across the market right now and that feels like no one's 176 00:09:50,820 --> 00:09:54,220 really going to stand in the way of that narrative, particularly 177 00:09:54,230 --> 00:09:58,230 in a world like this. That wouldn't make sense if 178 00:09:58,360 --> 00:10:00,750 everything else is getting smoked, but gold as well has had 179 00:10:00,760 --> 00:10:03,700 a huge week, right? Gold is up. 180 00:10:04,780 --> 00:10:08,890 Close to 2000 an ounce right now which is, which is like the 181 00:10:08,900 --> 00:10:12,330 highs of where it has been recently actually hit just over 182 00:10:12,340 --> 00:10:16,950 2000 a day three month high. So again digital gold, everyone 183 00:10:16,960 --> 00:10:19,920 buying it because they're panicking about macro, they're 184 00:10:19,930 --> 00:10:22,050 panicking about debt like U.S. debt. 185 00:10:22,060 --> 00:10:25,850 He's got absolutely insane. And then you have things like 186 00:10:25,860 --> 00:10:28,590 the what's going on in the Middle East right now, what's 187 00:10:28,600 --> 00:10:31,700 going on oil, there's just nowhere to hide if you're, if 188 00:10:31,710 --> 00:10:34,770 you're a trad fire investor, stocks aren't having a good 189 00:10:34,780 --> 00:10:37,730 period bonds. Like we just have the ponies are 190 00:10:37,740 --> 00:10:40,150 going through 5% nearly yesterday. 191 00:10:40,310 --> 00:10:45,680 Um, so crypto just becomes this this weird safe haven asset? 192 00:10:47,340 --> 00:10:51,510 Which which I think could be attractive over the next couple 193 00:10:51,520 --> 00:10:54,100 of months as well. So there's a lot of things. 194 00:10:54,940 --> 00:10:58,950 All coming together for Bitcoin right now and that's driving it 195 00:10:58,960 --> 00:11:01,870 higher. You're not seeing the the big 196 00:11:01,880 --> 00:11:04,910 utility drive that normally needs which like we need either 197 00:11:04,920 --> 00:11:07,750 to be burning right? And it's not happening, but it's 198 00:11:07,760 --> 00:11:09,570 kind of still being dragged up high, but definitely 199 00:11:09,580 --> 00:11:11,600 underperforming. And then Solana is really his 200 00:11:11,610 --> 00:11:15,530 own real question, which is what's going on FTX side, the 201 00:11:15,540 --> 00:11:17,070 state, the majority of their Solana. 202 00:11:18,450 --> 00:11:21,530 Teams and whatever they were going to sell was massively 203 00:11:21,540 --> 00:11:25,430 exaggerated, clearly Um, and you've just seen inflows, you've 204 00:11:25,440 --> 00:11:27,360 seen institutional inflows into that for a while. 205 00:11:27,370 --> 00:11:29,780 So as long as it's got a good story behind it. 206 00:11:29,790 --> 00:11:36,130 So that's kind of leading the all ones are we so back? 207 00:11:37,920 --> 00:11:40,790 I think we will continue to be frustrated with death. 208 00:11:41,090 --> 00:11:42,820 That's what I think. I think today is a sort of day 209 00:11:42,830 --> 00:11:44,370 where it's like underperformed so much. 210 00:11:44,380 --> 00:11:46,430 It might, It might catch up slightly, like it's 211 00:11:46,440 --> 00:11:49,650 underperformed. So much like, so much, dude. 212 00:11:49,660 --> 00:11:53,010 That's a Salana. It's a 35% underperformance over 213 00:11:53,020 --> 00:11:55,850 the last month. Versus Bitcoin it's 10%. 214 00:11:55,940 --> 00:12:01,200 It's not a small amount, a gig, a gig erected under the OSPF 215 00:12:01,210 --> 00:12:03,720 thing, right? So it's catching up, I feel. 216 00:12:04,490 --> 00:12:06,280 Yeah, of course. Everyone talks about yesterday 217 00:12:06,290 --> 00:12:07,800 with Solana. Yesterday with Solana was 218 00:12:07,890 --> 00:12:12,180 December was like Solana hit whatever it was. 219 00:12:12,670 --> 00:12:15,040 Eight or nine. So like it was peak FUD for 220 00:12:15,050 --> 00:12:17,070 Solana then. So maybe it was underperformed. 221 00:12:17,080 --> 00:12:22,540 It's up 140 percent, 150% so far this year at a very, very big 222 00:12:22,550 --> 00:12:24,020 year. But from a low back. 223 00:12:24,890 --> 00:12:26,580 Hold on, let me share my screen again. 224 00:12:27,350 --> 00:12:31,000 Yeah, I mean, look, man, so a lot of was the investment this 225 00:12:31,010 --> 00:12:33,970 year, huh? Like, that's a that was him. 226 00:12:33,980 --> 00:12:36,070 So a lot of him. Where is it at? 227 00:12:36,080 --> 00:12:38,950 You're looking at year to date, So 145%. 228 00:12:39,040 --> 00:12:45,930 Shit, that is crazy. Wow 105% what's What did XRP do 229 00:12:45,940 --> 00:12:48,590 today? It must have spiked a lot. 7 230 00:12:48,600 --> 00:12:54,690 points Baker went to 30.2 on on some exchanges earlier, which 231 00:12:54,700 --> 00:12:58,100 was really good to see. It's back at 2029 six. 232 00:12:58,110 --> 00:13:01,330 It reached a tiny bit, You're right, ethos trailing, but Ethan 233 00:13:01,340 --> 00:13:03,680 is up about as much as Bitcoin over 24 hours. 234 00:13:03,690 --> 00:13:06,500 That's six out of 10 now. Today feels like the day. 235 00:13:06,510 --> 00:13:07,980 It was like, right, Come on everyone. 236 00:13:09,460 --> 00:13:12,100 Like hilarious amount let's that's maybe drag it higher. 237 00:13:12,110 --> 00:13:16,540 So I think, I think this is the sort of day where we're reclaim 238 00:13:16,550 --> 00:13:18,970 some ground. Like I just feel that in my like 239 00:13:18,980 --> 00:13:21,740 just looking at stuff it just feels we are Friday after all we 240 00:13:21,750 --> 00:13:23,380 are. We are gold candle Friday. 241 00:13:23,590 --> 00:13:26,400 Don't. And remembers what they actually 242 00:13:26,410 --> 00:13:29,380 own. But yeah, it's I think medium 243 00:13:29,390 --> 00:13:31,880 term. I think for the next 90 days or 244 00:13:31,890 --> 00:13:34,700 80 days until that ETF Bitcoin outperforms. 245 00:13:36,260 --> 00:13:38,920 Form but today is the sort of day work where you could go the 246 00:13:38,930 --> 00:13:41,500 other way and that has spread. You've seen a bit more of the 247 00:13:41,510 --> 00:13:44,790 Unchained like stuff that's come back as well like ticket 248 00:13:44,800 --> 00:13:47,720 bitcoins back $100 million market cap or very close to it. 249 00:13:47,730 --> 00:13:52,920 Again the OX token, you know the Suzu token that's up 4050%. 250 00:13:52,930 --> 00:13:55,570 Who knows when he's coming out of gaol but that won't be that 251 00:13:55,580 --> 00:13:59,520 would be relatively soon seen some other meme coins have big 252 00:13:59,530 --> 00:14:03,180 moves higher like it's maybe coming back slightly some of 253 00:14:03,190 --> 00:14:06,690 those things so. There's just some, there's some 254 00:14:06,700 --> 00:14:09,950 green shoots out there for sure. Yeah, there's a lot of good 255 00:14:09,960 --> 00:14:13,120 stuff happening. Actually there's two spots on 256 00:14:13,130 --> 00:14:15,370 the back of the wing of the F1 car. 257 00:14:15,440 --> 00:14:20,780 So I'll be reporting on that. We were reporting on that as our 258 00:14:20,790 --> 00:14:24,520 friends just keep on battling boreholes for people to be able 259 00:14:24,530 --> 00:14:27,310 to have water in Africa. So bullish on them and I don't 260 00:14:27,320 --> 00:14:31,100 even, I don't even own a single token of theirs. 261 00:14:31,150 --> 00:14:34,000 But I want them to take a pop because I like what they're 262 00:14:34,010 --> 00:14:38,210 doing. I've got my own bag of of 263 00:14:38,220 --> 00:14:41,230 Chequers that is actually coming back pretty nicely as well, 264 00:14:41,240 --> 00:14:42,770 actually. How was Pepe doing? 265 00:14:43,000 --> 00:14:45,350 I haven't looked in a while. It's sweet. 266 00:14:45,360 --> 00:14:46,590 Are we back? I've helped. 267 00:14:46,600 --> 00:14:48,150 I've held the back pretty strongly. 268 00:14:48,160 --> 00:14:51,750 I'm not gonna lie like I I am officially a diamond hand holder 269 00:14:51,800 --> 00:14:53,810 or community member. I don't know but. 270 00:14:54,590 --> 00:14:57,070 Didn't get his reckless the other tokens recently, like a 271 00:14:57,080 --> 00:14:59,480 lot of the other tokens got wrecked, but it hasn't really 272 00:14:59,490 --> 00:15:00,870 bounced as much as the others. Yeah. 273 00:15:00,880 --> 00:15:04,590 So it's kind of getting this range since September, whereas a 274 00:15:04,600 --> 00:15:09,110 lot of altcoins got absolutely. Smoked over that period, just 275 00:15:09,150 --> 00:15:10,940 stayed. I think it is literally where it 276 00:15:10,950 --> 00:15:17,210 was on September 9th. So yeah, the last month has been 277 00:15:17,220 --> 00:15:19,790 relatively flat for it, whereas most alts have been down 278 00:15:19,800 --> 00:15:22,420 actually. Yeah, no, they have been. 279 00:15:22,430 --> 00:15:24,590 They have been. Listen, it would be cool. 280 00:15:24,600 --> 00:15:29,210 I mean is it got cancelled Friday or is this is this the 281 00:15:29,220 --> 00:15:34,380 Pico top? So, so the the thing that people 282 00:15:34,390 --> 00:15:40,120 look for Bitcoin here is 31 K, which is where it kind of topped 283 00:15:40,130 --> 00:15:43,260 out last time. Like 3032 cars topped out in 284 00:15:43,270 --> 00:15:45,040 July. July, OK. 285 00:15:46,570 --> 00:15:49,450 Head and shoulders pattern which is like you reach a lower high 286 00:15:49,460 --> 00:15:52,870 than last time. So if Bitcoin doesn't go to that 287 00:15:52,880 --> 00:15:56,570 level or I think you see some resistance basically around 30 288 00:15:56,580 --> 00:15:58,970 point 531 just because people were trying to play for that 289 00:15:58,980 --> 00:16:03,100 sort of pop chart pattern, but. The thing that feels different 290 00:16:03,110 --> 00:16:07,480 to me about this time than the other times is that there's been 291 00:16:07,490 --> 00:16:10,510 massive spot buying. So and what does that mean? 292 00:16:11,260 --> 00:16:14,730 Obviously you can trade futures, let you do on various different 293 00:16:14,740 --> 00:16:17,750 futures exchanges or you can trade spot. 294 00:16:18,320 --> 00:16:20,510 What's been happening recently, people have been going out and 295 00:16:20,580 --> 00:16:22,860 buying spot Bitcoin. It's not just been degenerates 296 00:16:22,870 --> 00:16:25,480 going 100 X lever, it levered, it's people actually buying the 297 00:16:25,490 --> 00:16:30,000 spot and you have it's mainly been long term holders because 298 00:16:30,010 --> 00:16:33,140 the long term holder ownership ratio is kind of at the highest 299 00:16:33,150 --> 00:16:36,190 it's ever been. So you have this period where 300 00:16:36,200 --> 00:16:39,730 like it's actually going into the hands of people that are 301 00:16:39,740 --> 00:16:42,480 going to hold on to this for a while and that's. 302 00:16:42,590 --> 00:16:44,550 Pushed. You can see that in the on chain 303 00:16:44,560 --> 00:16:47,230 metrics a lot of the funding has gone negative and. 304 00:16:47,990 --> 00:16:52,100 That feels to me more substantial than us just dicking 305 00:16:52,110 --> 00:16:55,780 around in a range and and everyone playing the 2630 K 306 00:16:55,790 --> 00:17:00,180 range, um, last time we got to these sort of levels you didn't 307 00:17:00,190 --> 00:17:02,820 see that level of spot of spot buying. 308 00:17:03,230 --> 00:17:07,359 So this feels more substantial And as I've said to you before, 309 00:17:07,710 --> 00:17:12,359 even if we see a retrace, let's say we hit 35.5 and we go back 310 00:17:12,369 --> 00:17:17,079 down to like 28 or whatever. I'm telling you like 40 days, 30 311 00:17:17,089 --> 00:17:21,710 days before the ETF. It will just be everybody's 312 00:17:21,720 --> 00:17:25,200 talking about Unity, wild predictions from a bunch of 313 00:17:25,210 --> 00:17:26,900 different people already seeing it. 314 00:17:27,380 --> 00:17:29,290 I think it's a buy the rumour sell and use thing. 315 00:17:29,300 --> 00:17:31,930 As I've said several times I think you wanna people started 316 00:17:31,940 --> 00:17:36,460 positioning yourself now to exit towards the end of December or 317 00:17:36,470 --> 00:17:39,850 early Jan because there's going to be just unbelievable amounts 318 00:17:39,860 --> 00:17:44,450 of hopium going into that ETF. And then you you either just 319 00:17:44,460 --> 00:17:48,890 shut down your risk in jam or you just be prepared to hedge or 320 00:17:48,900 --> 00:17:51,520 or be prepared for it to. To go lower in my opinion. 321 00:17:52,170 --> 00:17:54,740 OK, pass me the hope here real quick. 322 00:17:55,330 --> 00:17:58,310 Dude, everyone's got hold on. Ohh thank you. 323 00:18:01,920 --> 00:18:06,670 Ohh yeah it's good. It's really good. 324 00:18:06,680 --> 00:18:08,070 Hold on. I I messed up my screen. 325 00:18:08,080 --> 00:18:11,610 Now there you go. Anyways. 326 00:18:11,660 --> 00:18:13,350 Well, listen, I love to hear that. 327 00:18:13,360 --> 00:18:15,130 Feels good. We're not playing No Pump it Up 328 00:18:15,140 --> 00:18:15,890 song. Nothing. 329 00:18:15,980 --> 00:18:17,650 I was showing the weekly chart on Bitcoin. 330 00:18:17,700 --> 00:18:20,250 It's looking juicy. The East Weekly chart. 331 00:18:20,440 --> 00:18:22,240 It's alright, but we'll get there. 332 00:18:22,250 --> 00:18:27,520 We'll get there. You know it's I chose Earth as a 333 00:18:27,530 --> 00:18:31,970 store value. That's why it's gonna pump, so 334 00:18:32,790 --> 00:18:36,960 so say. One might not pump and shut up. 335 00:18:37,590 --> 00:18:41,040 So I don't know. I just like the timeline. 336 00:18:41,090 --> 00:18:44,100 I like that people are starting to rally and everything. 337 00:18:44,110 --> 00:18:48,100 You know what is it it the the chart, The price is an 338 00:18:48,110 --> 00:18:50,620 aggregation of vibes. The vibes are positive. 339 00:18:50,630 --> 00:18:52,280 Again, you absolutely love to see it. 340 00:18:52,290 --> 00:18:54,460 Anyways. Anyways, anyways, so we're 341 00:18:54,470 --> 00:18:58,060 another topic today about the SEC, which obviously you cannot. 342 00:18:58,070 --> 00:18:59,880 Touched on. Whoops, I think I'm going to 343 00:18:59,890 --> 00:19:02,300 skip over that one. Mr Simms. 344 00:19:02,310 --> 00:19:07,600 There we go. It's Gary throwing in the towel. 345 00:19:07,650 --> 00:19:11,360 Apparently the staff is just doing a bunch of work on those 346 00:19:11,370 --> 00:19:14,890 multiple filings, and so the SEC drops charges against Ripple 347 00:19:14,900 --> 00:19:20,560 executives Brad Garlinghouse and Chris Larson in ongoing XRP 348 00:19:20,630 --> 00:19:25,690 litigation. So all the allegations, all of 349 00:19:25,700 --> 00:19:30,420 them that the SEC had about XRP and their founders were dropped 350 00:19:30,430 --> 00:19:32,340 yesterday. They've dropped it. 351 00:19:33,260 --> 00:19:35,600 It's over. Well, C is no longer seeing. 352 00:19:35,610 --> 00:19:37,610 That executives. Just good, fancy executives, 353 00:19:37,620 --> 00:19:39,010 right? Yeah, exactly. 354 00:19:39,020 --> 00:19:42,750 So they've still got. It's highly, highly likely that 355 00:19:42,820 --> 00:19:44,870 the SEC and Ripple will settle now. 356 00:19:44,920 --> 00:19:48,920 Yeah, for sure. So just starting to see the. 357 00:19:49,830 --> 00:19:55,300 The beginnings of that, it looks like um and then yeah, look, he 358 00:19:55,310 --> 00:20:00,260 said yesterday, he's or two days ago, I think it was that the 359 00:20:00,330 --> 00:20:04,180 bunch of staff are working on the Bitcoin ETF applications. 360 00:20:04,230 --> 00:20:06,780 What you've also seen, which people are saying is very 361 00:20:06,790 --> 00:20:10,340 bullish, is there have been a number of successive filings. 362 00:20:10,350 --> 00:20:13,020 So when you do these ETF filings, they often come back 363 00:20:13,030 --> 00:20:14,720 with comments and see like you've got to do this, you got 364 00:20:14,730 --> 00:20:16,980 to do that. And what you're seeing is, is 365 00:20:16,990 --> 00:20:20,410 that without any response from the SEC. 366 00:20:21,130 --> 00:20:23,120 Response. You're seeing these ETF 367 00:20:23,130 --> 00:20:26,860 providers update their submissions and what that 368 00:20:26,870 --> 00:20:30,820 indicates is they are speaking in regular dialogue with the SEC 369 00:20:31,150 --> 00:20:35,000 and the SEC are guiding them to how to be successful. 370 00:20:35,050 --> 00:20:38,760 So this is putting it as a very high chance that it goes 371 00:20:38,770 --> 00:20:40,600 through. Mike, no regrets, who runs 372 00:20:40,610 --> 00:20:44,900 Galaxy Digital, He kind of very, very well known crypto OG. 373 00:20:45,050 --> 00:20:48,860 He came out and said that he thinks the ETS will be approved 374 00:20:48,870 --> 00:20:52,720 before year end, which I personally do not. 375 00:20:52,830 --> 00:20:56,680 I see happening, but I think in my mind I thought Gary would 376 00:20:56,690 --> 00:20:59,550 wait until the 11th hour. He would wait until January and 377 00:20:59,560 --> 00:21:01,450 then he would go like, OK, you get it. 378 00:21:01,460 --> 00:21:03,790 You get it. Literally 12:00 PM on the final 379 00:21:03,800 --> 00:21:08,610 deadline, you you're getting it. Was that 12, midnight, whatever 380 00:21:10,910 --> 00:21:12,280 on the final day? You'll get it. 381 00:21:12,290 --> 00:21:15,750 But then there may be a chance you know that. 382 00:21:15,760 --> 00:21:18,140 Like why wait? Like if he's if they these, 383 00:21:18,150 --> 00:21:22,890 these guys all, all, all. What does he know? 384 00:21:23,210 --> 00:21:28,460 Does he know? What does Novogratz know? 385 00:21:28,470 --> 00:21:31,720 I mean, I'm going to play you all the clip of Novo here. 386 00:21:31,790 --> 00:21:39,840 I mean, what does he know? Of dealing seemed to be heading 387 00:21:39,850 --> 00:21:44,320 in the rain. All the the indications of of 388 00:21:44,330 --> 00:21:47,180 dealing seem to be heading in the right direction and that's 389 00:21:47,310 --> 00:21:50,620 you know from what Mike though because I don't want people to 390 00:21:50,690 --> 00:21:53,300 Mike, people are gonna say he's talked in his book, he's got he 391 00:21:53,310 --> 00:21:55,680 owns a lot of Bitcoin. He wants this to happen 392 00:21:55,690 --> 00:21:58,400 obviously. What would you pinpoint and 393 00:21:58,410 --> 00:22:01,800 specifically suggest that you're seeing around the approval 394 00:22:01,810 --> 00:22:05,760 process that is somehow different today than it was a 395 00:22:05,770 --> 00:22:08,740 year ago than it was two or three years? 396 00:22:08,750 --> 00:22:12,670 Ago, The most significant piece was the SEC lost in court, 397 00:22:12,870 --> 00:22:14,820 right? But the judge has said it. 398 00:22:14,830 --> 00:22:16,270 What are you talking about? SEC? 399 00:22:16,280 --> 00:22:19,650 You're you're you have a futures ETF and you're saying you can't 400 00:22:19,660 --> 00:22:22,690 have a cash ETF. That makes intellectually zero 401 00:22:22,700 --> 00:22:26,850 sense. And I think that put the SEC on 402 00:22:26,860 --> 00:22:30,130 the back foot. And I think Gensler needs a win. 403 00:22:30,590 --> 00:22:34,390 There's a tremendous amount of pressure to do something that is 404 00:22:34,400 --> 00:22:36,810 rational. The American public wants this. 405 00:22:36,860 --> 00:22:39,650 BlackRock, who's the largest asset manager in the world, is 406 00:22:39,660 --> 00:22:42,070 out publicly saying we're going to get this done. 407 00:22:42,180 --> 00:22:45,670 And it's, you know, I can't talk specific about. 408 00:22:45,740 --> 00:22:48,440 Conversations or guys are having on and you know that's on the 409 00:22:48,510 --> 00:22:52,280 the Invesco side, but talking to all the other people, it just 410 00:22:52,290 --> 00:22:55,650 feels like the dialogue with the SEC is all heading in the right 411 00:22:55,660 --> 00:22:56,640 direction. Boom. 412 00:22:56,730 --> 00:22:59,090 And with that, I have another clip to play for you guys, which 413 00:22:59,100 --> 00:23:01,870 is the clip that Mando just alluded to from from Gary 414 00:23:01,880 --> 00:23:04,660 Gensler himself that was recently out. 415 00:23:04,670 --> 00:23:06,660 The thing a couple of days ago. She didn't appeal. 416 00:23:07,130 --> 00:23:09,700 We didn't appeal last Friday. I think that's accurate. 417 00:23:11,070 --> 00:23:14,800 In the future and perform but what we have in front of us just 418 00:23:14,810 --> 00:23:18,940 so that the viewing public understands we have not one but 419 00:23:18,950 --> 00:23:21,680 multiple. I think it's 8 or 10 filings 420 00:23:21,690 --> 00:23:26,040 that the staff and ultimately the Commission is considering 421 00:23:26,090 --> 00:23:31,060 for what's called exchange traded products for for Bitcoin 422 00:23:31,070 --> 00:23:36,250 to be in a in a in a security. So the Bitcoin would be held and 423 00:23:36,260 --> 00:23:38,190 then there would be something called an exchange traded 424 00:23:38,200 --> 00:23:42,360 product and that would trade on various stock exchanges. 425 00:23:42,490 --> 00:23:44,720 And those filings are in front of us. 426 00:23:44,910 --> 00:23:47,580 I can't prejudge any one of them, but there's eight or ten 427 00:23:47,590 --> 00:23:50,040 that we're looking at. Well, there is a large number 428 00:23:50,050 --> 00:23:52,810 and there is kind of a narrative in this market and I wonder if 429 00:23:52,820 --> 00:23:55,120 you could put it to rest that someone's going to get to go 430 00:23:55,130 --> 00:23:57,040 first. Is that likely to happen, or is 431 00:23:57,050 --> 00:23:59,060 it likely to be a group approval? 432 00:23:59,070 --> 00:24:01,680 If you're going to have one, a bunch of products could be 433 00:24:01,690 --> 00:24:07,350 approved at the same time. I'm not going to prejudge the 434 00:24:07,360 --> 00:24:11,200 staff doing work on those multiple filings, but it's also. 435 00:24:12,370 --> 00:24:15,420 Listen. Mando. 436 00:24:16,780 --> 00:24:21,340 I like those clips. I like, like he's he's throwing 437 00:24:21,350 --> 00:24:24,530 in the towel, doesn't it? It feels like he's like I tried 438 00:24:24,540 --> 00:24:28,810 so hard. Some people were paying me to 439 00:24:28,820 --> 00:24:32,490 hate crypto and I had to hate crypto. 440 00:24:33,330 --> 00:24:36,340 And I just can't stop it. But The thing is, like, that's 441 00:24:36,350 --> 00:24:40,900 what it is with like any digital evolution slash revolution, 442 00:24:40,910 --> 00:24:42,710 right? Like you cannot stop the 443 00:24:42,720 --> 00:24:45,440 inevitable. Like you couldn't stop the 444 00:24:45,450 --> 00:24:47,660 Internet. You couldn't stop the move to 445 00:24:47,670 --> 00:24:51,300 like, I don't know, fucking the iPhone and digital whatever 446 00:24:51,310 --> 00:24:54,760 tablets and all this stuff. You can't move stop the move to 447 00:24:54,770 --> 00:24:57,860 like digital art, right? Like try to account. 448 00:24:57,870 --> 00:24:59,520 Stop that move. It's going to happen. 449 00:24:59,530 --> 00:25:01,140 Kids are born with iPads in their hands. 450 00:25:01,190 --> 00:25:04,420 Literally, you know, I mean, so the next wave of art is. 451 00:25:04,930 --> 00:25:07,440 Or I'm gonna be digital because most of them are not know how to 452 00:25:07,490 --> 00:25:10,040 use a pencil a pen. You know what I mean? 453 00:25:10,790 --> 00:25:13,780 And then you you can't you can't you can't stop the next wave of 454 00:25:13,850 --> 00:25:19,200 of of evolution of global store value of currency of. 455 00:25:19,290 --> 00:25:22,460 I mean these kids are being trained on Roblox at the moment. 456 00:25:22,470 --> 00:25:25,640 I know parents that purposely let their kids play Roblox here 457 00:25:25,650 --> 00:25:28,940 and there because they want them to learn like some of the things 458 00:25:28,950 --> 00:25:31,320 that you get out of it. They want them to learn the 459 00:25:31,330 --> 00:25:33,400 trade and Bob Dylan, how is that gonna happen? 460 00:25:33,470 --> 00:25:36,140 Like Ethereum to me. Look, it could not be. 461 00:25:36,210 --> 00:25:39,210 There one day, but I think it's gonna be which layer being built 462 00:25:39,220 --> 00:25:41,450 on top of the Internet, and that's what's. 463 00:25:42,090 --> 00:25:44,140 And the theorem is going to be used to trade is the digital 464 00:25:44,150 --> 00:25:45,310 currency. And you're gonna have the 465 00:25:45,320 --> 00:25:47,000 digital digital, which is Bitcoin. 466 00:25:47,010 --> 00:25:49,780 Like, you, you, there's some things that you just can't stop, 467 00:25:49,790 --> 00:25:51,060 no matter how hard you try to stop. 468 00:25:51,070 --> 00:25:54,300 At the end of day, like, all coins aside, Bitcoin is hard 469 00:25:54,310 --> 00:25:56,620 money, right? Like there's only ever going to 470 00:25:56,630 --> 00:25:59,160 be 21 million bitcoins. Yeah. 471 00:25:59,170 --> 00:26:01,200 And you just can't. You can't, you can't stop it. 472 00:26:01,470 --> 00:26:05,520 So it's, you know, and nobody, nobody can mess with it. 473 00:26:05,650 --> 00:26:09,780 And so I don't know, it's it's interesting, it's interesting. 474 00:26:09,790 --> 00:26:11,320 All this is getting incredibly bullish. 475 00:26:11,330 --> 00:26:13,360 I'm just trying, not personally, to get too bullish. 476 00:26:15,280 --> 00:26:16,710 I don't want to go there again, dude. 477 00:26:16,720 --> 00:26:19,910 Like, you know, like what happens if like November, like 478 00:26:19,920 --> 00:26:23,050 we just get wrecked and it's like such a like sad month in 479 00:26:23,060 --> 00:26:25,050 general. It's like November, December. 480 00:26:25,480 --> 00:26:28,830 I think the main things that you should worry about right now are 481 00:26:30,250 --> 00:26:34,590 Ohh if the if the US government starts hammering down there but 482 00:26:34,600 --> 00:26:37,880 common they have a time remember and you have the other one is 483 00:26:37,950 --> 00:26:42,560 Mount Gox has got quite a lot which they they said would be 484 00:26:42,570 --> 00:26:45,640 delayed to 2024 but they might start the payouts at the start 485 00:26:45,650 --> 00:26:49,070 of 24, so the end of this year. So you could see if those 486 00:26:49,080 --> 00:26:51,880 wallets start to move then I think you could see some 487 00:26:52,090 --> 00:26:54,300 downward pressure. Be very aware of that sort of 488 00:26:54,310 --> 00:26:56,040 stuff if you've got level trades on. 489 00:26:56,420 --> 00:26:59,930 And then, yeah, I think the other thing is just like the 490 00:26:59,940 --> 00:27:04,590 world is just looking up to date in its rivals right now. 491 00:27:04,630 --> 00:27:07,670 And I think that does play into Bitcoin's hands over the medium 492 00:27:07,680 --> 00:27:11,420 term. But you know, I don't even 493 00:27:11,430 --> 00:27:15,960 looking at the USUS government debt markets, not even like we, 494 00:27:15,970 --> 00:27:20,480 we talk about it everyday. But like it is wild how much 495 00:27:20,490 --> 00:27:24,310 debt the US has got right now relative to its GDP and also how 496 00:27:24,370 --> 00:27:28,780 wildly expensive the service costs are. 497 00:27:29,100 --> 00:27:32,340 And you're starting to see interest rates even go higher. 498 00:27:32,350 --> 00:27:35,600 Even with the Fed being like dovish indicates there's some 499 00:27:35,610 --> 00:27:40,870 indication that people are worried about the level of U.S. 500 00:27:40,880 --> 00:27:42,370 debt. This isn't just like Ohh will 501 00:27:42,380 --> 00:27:46,710 always get repaid like the the Fed has broadly been slightly 502 00:27:46,720 --> 00:27:51,140 more dovish in its commentary and we've still got interest 503 00:27:51,150 --> 00:27:54,030 rates going higher, which kind of says to me that people are 504 00:27:54,040 --> 00:27:58,350 worried about the US's ability to pay back that debt. 505 00:27:58,360 --> 00:28:00,760 And that's that's not just there, that's like across across 506 00:28:00,770 --> 00:28:04,330 the world as well. So I think there's just 507 00:28:04,340 --> 00:28:07,680 something to be aware of. You know if we if we see another 508 00:28:07,690 --> 00:28:11,730 bank go South for a certain reason and and people start to 509 00:28:11,740 --> 00:28:14,500 really question the the the the high levels of debt and the 510 00:28:14,510 --> 00:28:16,370 economy. It kind of goes into the point 511 00:28:16,380 --> 00:28:18,840 that you know, I mean we can get into it like the next point we 512 00:28:18,850 --> 00:28:24,340 had was was with about what you saying which is he he went on 513 00:28:24,350 --> 00:28:27,920 the Tesla earnings call and any of you know but Tesla stock is 514 00:28:27,930 --> 00:28:30,750 down like 7 percent, 8% of the last couple of days. 515 00:28:30,960 --> 00:28:34,270 And that was because he was so bearish on the consumer. 516 00:28:34,280 --> 00:28:36,740 He was like, look, the consumers up to their eyeballs in debt, 517 00:28:36,750 --> 00:28:39,780 they were paying back these Teslas and and now they've got 518 00:28:39,790 --> 00:28:42,350 like 20% interest rates to pay them back and they haven't got 519 00:28:42,360 --> 00:28:44,050 any money. They dip into their savings. 520 00:28:44,340 --> 00:28:49,270 That is just endemic for the whole industry, the car industry 521 00:28:49,280 --> 00:28:52,770 and then it goes across to lots of other industries as well, 522 00:28:52,780 --> 00:28:57,620 like people are. People are really, really, um, 523 00:28:57,630 --> 00:29:00,470 being affected right now because of the amount of debt that 524 00:29:00,480 --> 00:29:02,700 everyone had. I think even on a national debt 525 00:29:02,710 --> 00:29:10,260 level, I think every U.S. citizen has $100,000 of debt on 526 00:29:10,270 --> 00:29:13,940 a national debt level. So you you are born, you get 527 00:29:13,950 --> 00:29:17,940 100,000 of government debt, puts your name that you know you and 528 00:29:17,950 --> 00:29:23,050 your fellow countrymen will have to pay back of of the course. 529 00:29:23,060 --> 00:29:27,120 Of my fellow countrymen. Yeah me my people. 530 00:29:27,230 --> 00:29:31,220 I mean you Canada is in a in a better state but we have 531 00:29:31,230 --> 00:29:34,540 consumer debt which is is is the wildly high level across the 532 00:29:34,550 --> 00:29:38,750 board too like it is it's it's worrying right now for for a lot 533 00:29:38,760 --> 00:29:43,070 of different industries the the main save has been a I but but 534 00:29:43,280 --> 00:29:46,500 this debt bubble is just I don't see anywhere out of it. 535 00:29:46,510 --> 00:29:49,550 I just don't see how it gets fixed. 536 00:29:49,620 --> 00:29:51,700 It's it's approaching crazy levels. 537 00:29:52,760 --> 00:29:55,370 Yeah, that is, that is crazy. So that was literally like what 538 00:29:55,380 --> 00:29:57,070 we wanted to get into this perfect segue, right? 539 00:29:57,080 --> 00:30:00,130 Like, you know, Musk just warned about credit card debt, 540 00:30:00,140 --> 00:30:02,550 commercial real estate and foreign conflicts. 541 00:30:02,660 --> 00:30:06,210 And so he's a, he's starting to get a little worried about 542 00:30:06,320 --> 00:30:07,910 everything going on around the world. 543 00:30:08,680 --> 00:30:11,190 You know, he says that obviously, like what you touched 544 00:30:11,200 --> 00:30:14,390 on regarding the automotive industry. 545 00:30:14,480 --> 00:30:16,840 And then, you know, he warned people about all the stuff 546 00:30:16,850 --> 00:30:19,690 that's going on around the world and let you know. 547 00:30:20,850 --> 00:30:24,240 The war on the other side of the world is not looking like it's 548 00:30:24,250 --> 00:30:26,860 ending anytime soon at the moment, right? 549 00:30:26,870 --> 00:30:29,060 Like you were like to to what you were saying, like you 550 00:30:29,070 --> 00:30:30,820 pulling it out. Two things that could happen to 551 00:30:30,830 --> 00:30:35,080 Bitcoin, like with my godson, the US economy, the US that has 552 00:30:35,090 --> 00:30:36,660 a lot of Bitcoin. But the third thing is like, 553 00:30:36,670 --> 00:30:39,480 there's a very serious threat of like the war just like 554 00:30:39,550 --> 00:30:41,920 escalating, right? Because from from I read here 555 00:30:41,930 --> 00:30:46,020 and I'm still trying to follow somehow like amongst like the 556 00:30:46,290 --> 00:30:49,380 sea of misinformation that you guys talked about on the show on 557 00:30:49,390 --> 00:30:52,540 on Wednesday. But you know there is a. 558 00:30:52,820 --> 00:30:55,850 There is there is still this concern about like a lot of 559 00:30:55,860 --> 00:30:58,420 powers that may be getting involved in in the war there. 560 00:30:58,430 --> 00:31:02,390 Last I checked I believe Biden was was in Israel most recently 561 00:31:02,440 --> 00:31:04,570 talked there and and it's not it's. 562 00:31:05,620 --> 00:31:08,190 We haven't seen the conflict resolve itself, right? 563 00:31:08,320 --> 00:31:11,230 Like I'm talking about it because I I've muted all the 564 00:31:11,240 --> 00:31:13,590 fake information people, so I'm finding not seeing them on my 565 00:31:13,600 --> 00:31:16,770 timeline. But so I've trying to, I'm 566 00:31:16,780 --> 00:31:20,790 trying to like read the actual like what's happening, happening 567 00:31:20,860 --> 00:31:24,410 on site to better inform myself. And it's not looking like it's 568 00:31:24,420 --> 00:31:26,330 getting better in terms of a peace. 569 00:31:26,400 --> 00:31:28,640 There's no ceasefire conversation on the table. 570 00:31:29,300 --> 00:31:31,870 Yeah so Biden think go to Israel. 571 00:31:32,740 --> 00:31:36,950 He was meant to meet with with Israel and Yahoo various 572 00:31:36,960 --> 00:31:39,370 different Arab leaders. That meeting with Chris got 573 00:31:39,380 --> 00:31:46,990 cancelled after the after the hospital incident and then he he 574 00:31:47,000 --> 00:31:49,650 left without without anything really being resolved although 575 00:31:49,660 --> 00:31:53,050 showing off Israel. Then there was a UN Council 576 00:31:53,060 --> 00:31:57,140 meeting which got price for people proposed and have a 577 00:31:57,150 --> 00:32:01,450 ceasefire that did not get passed because the UNUS actually 578 00:32:01,460 --> 00:32:04,310 blocked it. It looks highly likely that 579 00:32:04,320 --> 00:32:07,260 there will be some form of ground invasion by by Israel 580 00:32:07,270 --> 00:32:12,190 into Gaza. Now I don't know the extent well 581 00:32:12,200 --> 00:32:14,700 that that will be. There's a lot of back and forth 582 00:32:14,710 --> 00:32:17,140 how much that will be but your science regional incidence of 583 00:32:17,150 --> 00:32:20,980 violence, the main one would be Lebanon, Hezbollah, which 584 00:32:20,990 --> 00:32:24,180 there's been like skirmishes and various different rocket rockets 585 00:32:24,190 --> 00:32:28,200 being fired at the border areas. But there's also been some 586 00:32:28,210 --> 00:32:36,220 violence in Syria ways and the UN has two massive aircraft 587 00:32:36,230 --> 00:32:41,160 carriers as well as huge amount of of its fleet in that area 588 00:32:41,170 --> 00:32:43,060 right now. And there was some, again, some 589 00:32:43,070 --> 00:32:46,540 skirmishes that the US had to like intercept rockets two days 590 00:32:46,550 --> 00:32:49,020 ago. So yeah, that's not gonna get 591 00:32:49,030 --> 00:32:50,700 resolved, I'm telling you right now that. 592 00:32:50,710 --> 00:32:52,780 We are, yeah. One for a while. 593 00:32:54,040 --> 00:32:58,700 And I I think that you're going to see some form of, uh, an 594 00:32:58,710 --> 00:33:03,570 invasion. I I think the that Israel will 595 00:33:03,760 --> 00:33:08,250 be, it's going to be limited like the US is, is clearly going 596 00:33:08,260 --> 00:33:11,470 to put limits on what it can do. And I think I'll show that it's 597 00:33:11,520 --> 00:33:17,270 it's showing regard for for for civilian life and really just 598 00:33:17,280 --> 00:33:20,490 try and have to pinpoint the thing about going into somewhere 599 00:33:20,500 --> 00:33:22,850 like Gaza. You have to have very, very 600 00:33:22,860 --> 00:33:25,130 clear objectives. This isn't like going into Iraq 601 00:33:25,140 --> 00:33:28,410 or Afghanistan. This is like you can't. 602 00:33:28,420 --> 00:33:30,590 I mean this one is not going to end up occupying Gaza like it 603 00:33:30,600 --> 00:33:32,650 has to have a very very clear objectives of what he wants to 604 00:33:32,660 --> 00:33:34,430 go in there and if it's going to try and eliminate Hamas 605 00:33:34,440 --> 00:33:37,990 leadership it's got to show the US how are we actually going to 606 00:33:38,000 --> 00:33:40,270 do that because they're not gonna allow you to go in there 607 00:33:40,280 --> 00:33:43,450 and and like right. So you have to be very clear 608 00:33:43,460 --> 00:33:45,130 objectives. I think that's that's kind of 609 00:33:45,140 --> 00:33:47,570 the the, the situation that you're in, it's been delayed 610 00:33:47,580 --> 00:33:49,310 because they haven't really been able to show that. 611 00:33:49,320 --> 00:33:52,930 And the large amount of where Hamas hangs out is in tunnels 612 00:33:52,940 --> 00:33:58,780 below below Gaza and that is just a very, very difficult 613 00:33:58,790 --> 00:34:02,600 thing to to give any confidence and be able to overcome it. 614 00:34:02,610 --> 00:34:06,670 So yeah, you're this kind of like weary. 615 00:34:06,680 --> 00:34:10,389 Nothing's really going on, but I think something will happen and 616 00:34:10,400 --> 00:34:12,730 and this will not be resolved soon. 617 00:34:12,780 --> 00:34:17,050 No, no, definitely not. I Did you guys see this? 618 00:34:17,139 --> 00:34:20,500 It's super grim. But like Nick Tomatoes shared 619 00:34:20,510 --> 00:34:22,750 yesterday, I'm gonna share my screen for a second. 620 00:34:22,880 --> 00:34:28,530 There's like markets. On like like with odds to bet on 621 00:34:28,540 --> 00:34:30,570 like the outcome of what's going to happen in the world. 622 00:34:30,580 --> 00:34:32,770 Super grim right? But I thought that was an 623 00:34:32,780 --> 00:34:36,389 interesting tweet and he was saying Middle East markets to 624 00:34:36,400 --> 00:34:40,110 watch via Poly market. Hamas is still being power in 625 00:34:40,120 --> 00:34:45,150 Gaza by October 31st is at 89%. Another nation to declare war in 626 00:34:45,159 --> 00:34:48,870 the conflict is that 12% Iran to officially joined the war in 627 00:34:48,880 --> 00:34:51,969 2023. Seven percent Israel and Hamas 628 00:34:51,980 --> 00:34:56,810 ceasefire by October 31st 6% Hamas the surrender. 629 00:34:57,040 --> 00:35:01,510 In 2023, three percent. Look, they don't have a high 630 00:35:01,520 --> 00:35:04,090 volume in these markets, but it's still like, first of all, 631 00:35:04,100 --> 00:35:06,770 it's super weird to me that people are like betting on this. 632 00:35:06,780 --> 00:35:09,390 I'm not gonna lie, like I'm a big gambler. 633 00:35:09,400 --> 00:35:13,130 This is nothing I would ever touch with a 10 foot pole, but 634 00:35:13,140 --> 00:35:16,930 it just it's like a good like gauge something on like the how 635 00:35:16,940 --> 00:35:19,840 people feel about you know global. 636 00:35:20,690 --> 00:35:23,190 Politics and then which could sometimes touch on, like the 637 00:35:23,200 --> 00:35:25,690 macroeconomics and sometimes even the price of Bitcoin and 638 00:35:25,700 --> 00:35:29,660 whatnot, but. You know it it just looks like 639 00:35:29,670 --> 00:35:32,720 people believe more, like there's more bigger odds per 640 00:35:32,730 --> 00:35:34,880 people that like Iran gets involved. 641 00:35:34,890 --> 00:35:37,420 Then like there's a ceasefire, you know what I mean? 642 00:35:37,430 --> 00:35:41,250 So it's like, well that's your love, but the sentiment and like 643 00:35:41,260 --> 00:35:44,240 the only way that you get some form of ceasefire, imagine is 644 00:35:44,330 --> 00:35:46,710 the hostages get returned and that is not. 645 00:35:46,790 --> 00:35:51,250 Which is not happening. It's not an easy imagine. 646 00:35:51,300 --> 00:35:55,570 So like, I think that's a long, that's a long road. 647 00:35:55,940 --> 00:35:59,290 Um, it's not insurmountable. I know, like they've been 648 00:35:59,300 --> 00:36:02,790 horrific times in this, in this conflict before which have 649 00:36:02,800 --> 00:36:05,860 seemed insurmountable and then ends up being resolved. 650 00:36:05,870 --> 00:36:07,830 But like that it's a long road from here. 651 00:36:07,880 --> 00:36:11,070 So yeah, I think, I think it's, it's, it's a difficult one to 652 00:36:11,080 --> 00:36:13,150 imagine how. I don't think Iran would get 653 00:36:13,160 --> 00:36:15,590 involved in this though. It would only ever be. 654 00:36:17,170 --> 00:36:19,000 It's really very, very tied to that. 655 00:36:19,470 --> 00:36:23,380 But let's hope that they don't. Saudi Arabia came out yesterday 656 00:36:23,390 --> 00:36:28,080 and they said, look, we want to, we want to who are really in 657 00:36:28,090 --> 00:36:30,820 some ways like they control a lot of the situation here 658 00:36:30,830 --> 00:36:33,260 because they were trying to go for peace with Israel. 659 00:36:33,430 --> 00:36:36,980 They said they want to return to the borders before the Six Day 660 00:36:36,990 --> 00:36:41,200 War. So I guess 1969, which is kind 661 00:36:41,210 --> 00:36:44,560 of what the Oslo Accords were back in the 1990s. 662 00:36:45,010 --> 00:36:47,460 Obviously there were various different regions negotiations 663 00:36:47,470 --> 00:36:51,290 since then which never really got resolved, most notably in 664 00:36:51,300 --> 00:36:54,110 2000 at Camp David and then another one in 2007. 665 00:36:54,320 --> 00:36:58,990 But the look, I think most people want peace and they need 666 00:36:59,000 --> 00:37:03,150 to find a way to get like they need to see a route there right 667 00:37:03,160 --> 00:37:05,420 now. It does seem as though this big 668 00:37:05,430 --> 00:37:08,670 things that have to happen for that to that to change. 669 00:37:08,680 --> 00:37:13,220 But yeah, maybe, maybe there's enough people who can who can 670 00:37:13,870 --> 00:37:17,000 who can get us there. Yeah, yeah, yeah, yeah, yeah, 671 00:37:17,010 --> 00:37:20,760 yeah, definitely. Yeah, still crazy situation on 672 00:37:20,770 --> 00:37:23,330 this, so something to look out for because that definitely will 673 00:37:23,340 --> 00:37:29,030 have impacts if if if it does not get better Ovi GM. 674 00:37:29,440 --> 00:37:32,050 GM How's it going? That's a nice bed frame. 675 00:37:33,600 --> 00:37:36,950 I think we've just been completely rigged by this hotel. 676 00:37:37,860 --> 00:37:38,720 Why? What happened? 677 00:37:38,730 --> 00:37:40,940 Well, not rigged, but like, we just had this like. 678 00:37:41,870 --> 00:37:45,320 Uh, voucher like from our wedding to like use up for a 679 00:37:45,330 --> 00:37:49,220 hotel stay and it's like 500 pounds. 680 00:37:49,730 --> 00:37:52,470 Like the voucher is worth £500, but like the room we have is 681 00:37:52,480 --> 00:37:55,840 just like not great and I'm not sure that sounds snobbish but 682 00:37:55,950 --> 00:37:58,410 it's not like I don't mind staying here but it's not worth 683 00:37:58,420 --> 00:38:02,450 £500. Nice hotel. 684 00:38:02,520 --> 00:38:04,960 So it's like this. Probably should be valued at 685 00:38:04,970 --> 00:38:08,190 like 200 pounds, 150 voucher room, did they? 686 00:38:09,080 --> 00:38:11,590 I definitely, definitely got the voucher room like. 687 00:38:12,810 --> 00:38:17,790 The question is, is there a gym? There's a gym and there's a spa 688 00:38:17,800 --> 00:38:20,340 as well, which is why we picked it, but. 689 00:38:21,660 --> 00:38:23,730 Love to see that. See that? 690 00:38:29,650 --> 00:38:31,860 Like I have to go into the bed because like the. 691 00:38:32,530 --> 00:38:35,540 There's not much space to sit to sit down on my laptop. 692 00:38:35,990 --> 00:38:37,980 I got lucky. I got it to Australia. 693 00:38:38,210 --> 00:38:40,480 Is it sunny out? You know, you have a nice. 694 00:38:40,630 --> 00:38:43,240 Where are you? It's not starting either in Bath 695 00:38:43,370 --> 00:38:45,060 near Bath. What? 696 00:38:46,000 --> 00:38:50,580 Nepal fast, There's a. Bath is a is a city. 697 00:38:50,900 --> 00:38:53,130 Boss. Yeah, in the UK. 698 00:38:53,140 --> 00:38:55,250 Like bath, like BATH. Like Beth. 699 00:38:55,310 --> 00:38:57,240 It's called that, the famous Roman baths there. 700 00:38:57,250 --> 00:39:00,310 So it's a school bath. Part OK. 701 00:39:00,360 --> 00:39:03,140 BHF. Bath. 702 00:39:03,390 --> 00:39:05,150 Yeah, nice. Sounds fine. 703 00:39:05,200 --> 00:39:09,540 Nice little weekend retreat. Uh just for just had one one day 704 00:39:09,550 --> 00:39:13,540 voucher one night voucher. So we used it for and just drove 705 00:39:13,550 --> 00:39:16,720 like is it gonna take me like 1 1/2 hours to get here And 706 00:39:16,730 --> 00:39:19,860 there's a like a massive car crash so ended up taking us 3 707 00:39:19,870 --> 00:39:23,200 1/2 hours to get here. It's like, oh, finally got here 708 00:39:23,450 --> 00:39:25,320 and. Where did you use all that to 709 00:39:25,330 --> 00:39:28,030 use the voucher for one? Night just so annoying because 710 00:39:28,040 --> 00:39:30,880 there's so many nice places you can stay for a voucher of that 711 00:39:30,890 --> 00:39:32,550 value that I have stayed at before. 712 00:39:32,560 --> 00:39:34,630 But I was like, Oh no, I'll try something different. 713 00:39:34,640 --> 00:39:37,680 Let's go to Bath and be a bit adventurous and just like 714 00:39:37,750 --> 00:39:40,380 complete rug. You should have just had a 715 00:39:40,390 --> 00:39:43,160 Mayfair bubble day and stay. Exactly. 716 00:39:43,830 --> 00:39:45,390 And stay. You should have just stayed 717 00:39:45,400 --> 00:39:47,240 there. Exactly. 718 00:39:48,010 --> 00:39:49,320 Fastball problems are not trying to. 719 00:39:49,330 --> 00:39:55,610 I'm not going to. Yeah Oh my Says man spent 200 on 720 00:39:55,620 --> 00:40:00,050 petrol for £500 voucher, Yeah. Honestly, like there and back 721 00:40:00,060 --> 00:40:02,630 will probably cost me like 100 / 100 pounds in petrol. 722 00:40:03,660 --> 00:40:06,580 Especially with the price of oil going up, let me tell you that. 723 00:40:06,590 --> 00:40:09,890 Anyways, last topic we had for everyone today before we take 724 00:40:09,900 --> 00:40:12,570 off on the phone for Friday is flooring protocol. 725 00:40:12,580 --> 00:40:16,910 And before I go to you, I want to share this this video that 726 00:40:16,920 --> 00:40:19,670 men put out. To game. 727 00:40:20,280 --> 00:40:25,130 Now the the videos. Videos not good no no cancel. 728 00:40:25,180 --> 00:40:28,790 So the video apparently is not good, but should we be paying 729 00:40:28,800 --> 00:40:30,790 more attention? I thought it be a video about 730 00:40:30,800 --> 00:40:32,320 flooring protocol. It's just a video of him 731 00:40:32,330 --> 00:40:33,360 actually. This was the video. 732 00:40:33,370 --> 00:40:34,930 It's just a video of him playing basketball. 733 00:40:34,940 --> 00:40:37,360 I have no idea what do you mean, but the threat is good. 734 00:40:37,370 --> 00:40:38,650 The threat is good. Good. 735 00:40:38,720 --> 00:40:43,590 The video has 00 correlation to OK, hold on. 736 00:40:43,880 --> 00:40:47,140 Because cause meant that I like men as a content creator in 737 00:40:47,150 --> 00:40:51,710 general and and so the the threat is really good. 738 00:40:51,720 --> 00:40:54,100 Like I'm someone who I didn't have time this week to look at 739 00:40:54,110 --> 00:40:56,460 the flooring protocol. I'm gonna read this and I know 740 00:40:56,470 --> 00:40:59,080 I'm gonna get my information. But now let's judge the video. 741 00:41:00,430 --> 00:41:03,500 I'm not doing. This will change the game. 742 00:41:03,570 --> 00:41:05,950 Forever. Explain to you under one minute. 743 00:41:07,030 --> 00:41:10,580 Let him cut. I'm about to click out on this 744 00:41:10,590 --> 00:41:11,450 shit. I'm about that. 745 00:41:12,990 --> 00:41:19,600 Somebody. I click the trigger. 746 00:41:21,330 --> 00:41:30,360 Come on. 19. She got, she got a green. 747 00:41:33,860 --> 00:41:36,790 Nadine, Christine, Justine, Kathleen. 748 00:41:36,800 --> 00:41:48,190 Charlene Pauline, Pauline. Man iPhone like I I like it. 749 00:41:48,460 --> 00:41:53,720 This makes me want no but no. But this makes me wanna read the 750 00:41:53,730 --> 00:41:55,050 thread. Like this is bad. 751 00:41:55,060 --> 00:41:57,170 This is the video. So it's not a video explaining 752 00:41:57,180 --> 00:41:59,430 FLP, right? It's a video making you want 753 00:41:59,500 --> 00:42:03,930 Hyper FLP and thus making you want to read the threat. 754 00:42:04,000 --> 00:42:06,780 But just so you know, what you saw in that video is what it's 755 00:42:06,790 --> 00:42:08,710 like being with thread guy 24/7 right now. 756 00:42:08,760 --> 00:42:14,010 Like that kid cannot stop rapping like Claudine, Charlene 757 00:42:14,020 --> 00:42:18,630 Pauline all day in the street of Austin, jumping on every scooter 758 00:42:18,640 --> 00:42:22,030 he finds and going pop pop, pop up and just doing stupid shit 759 00:42:22,370 --> 00:42:23,740 and dancing in the middle of the street. 760 00:42:23,750 --> 00:42:28,220 So just, you know, that video is what it's like being with TG 761 00:42:28,230 --> 00:42:29,850 over here, and I love it. But. 762 00:42:31,040 --> 00:42:36,410 But yeah, I mean, listen. Um, yeah, yeah. 763 00:42:36,420 --> 00:42:39,700 I mean, listen it it definitely. I would very much go into men's 764 00:42:39,710 --> 00:42:43,210 profile, read the thread. I mean we already, we already 765 00:42:43,220 --> 00:42:46,090 said what foreign protocol is. We did that. 766 00:42:46,140 --> 00:42:49,250 So are we bullish, are we buying like what's going on like I, I, 767 00:42:49,260 --> 00:42:53,870 I'm here looking at it at the powers that may be out in Asia 768 00:42:53,930 --> 00:42:57,720 wanted to pop, that's my thesis. Like, what are we doing? 769 00:42:58,610 --> 00:43:02,710 You know. And not, I am not gonna talk 770 00:43:02,720 --> 00:43:06,590 down the the Asian bid for for coins. 771 00:43:06,600 --> 00:43:11,050 I think this could go like up to any level and I'd be like FDR. 772 00:43:11,120 --> 00:43:13,250 If you get wrecked on the show, it's on you. 773 00:43:13,260 --> 00:43:16,650 I'm just saying I have 0 tokens. I don't know about the boys but 774 00:43:16,660 --> 00:43:18,860 I have none. And if I buy a bike, but if you 775 00:43:18,870 --> 00:43:20,310 get wrecked, you get wrecked on your own. 776 00:43:20,320 --> 00:43:21,910 Go on. Remember like. 777 00:43:24,200 --> 00:43:27,690 The ticker is FL R, which was the ticker at that random A. 778 00:43:27,700 --> 00:43:30,050 No, it's FLC. FLC. 779 00:43:30,160 --> 00:43:34,340 Yeah, I was like, ohh right. I know, but the ticker is mocked 780 00:43:34,350 --> 00:43:39,450 though, but go on. You guys are shameless. 781 00:43:40,860 --> 00:43:43,010 Look, I think, I think, I think they're seeing huge volume. 782 00:43:43,020 --> 00:43:46,440 They're seeing huge volume. They saw $1,000,000 of of boats 783 00:43:46,450 --> 00:43:50,570 put in there yesterday. What I would say is this is. 784 00:43:51,270 --> 00:43:55,680 This is just old coins with pictures to like the next level 785 00:43:55,690 --> 00:43:58,640 and we've seen fractionalization happen in various different 786 00:43:58,650 --> 00:44:02,590 forms before. Never really worked out like 787 00:44:02,600 --> 00:44:04,400 these poor. We had FCX which really had a 788 00:44:04,410 --> 00:44:06,760 big run up and then never really happened. 789 00:44:06,770 --> 00:44:11,620 You had the tessera pools now you have this and then you have 790 00:44:11,630 --> 00:44:14,020 pseudo swap as well which which have tried this sort of stuff 791 00:44:14,030 --> 00:44:17,680 and they all have this this. Load of people start using them 792 00:44:17,690 --> 00:44:19,300 and they just like stop using them. 793 00:44:19,470 --> 00:44:21,100 This feels like it has enough Ogs behind it. 794 00:44:21,110 --> 00:44:24,640 People like ding-a-ling is huge in it and a few others that 795 00:44:24,650 --> 00:44:28,600 maybe it lasts for longer than the others, but so I think it's 796 00:44:28,610 --> 00:44:31,060 worth paying attention to. It's worth trying out. 797 00:44:31,150 --> 00:44:34,590 Like one thing I would say is that when you when you put your 798 00:44:34,600 --> 00:44:37,690 NFTS into these pools. That's kind of you saying 799 00:44:37,700 --> 00:44:40,090 goodbye to them like you can still get. 800 00:44:40,150 --> 00:44:44,410 Let's say you put a let's say you put some mizuki in a pool. 801 00:44:44,780 --> 00:44:47,350 You are really just putting them in the pool and it then becomes 802 00:44:47,360 --> 00:44:49,830 like a lucky dip. But when you then take one out, 803 00:44:49,840 --> 00:44:52,170 you're not going to get the one that you put in or it's highly 804 00:44:52,180 --> 00:44:53,600 unlikely that the one you put in. 805 00:44:54,930 --> 00:44:58,100 So you kind of that's why it's flooring protocol that you're 806 00:44:58,110 --> 00:45:01,080 putting in floors and in response you'll probably get 807 00:45:01,090 --> 00:45:04,100 floors back, but the $1,000,000 import evolve yesterday on the 808 00:45:04,110 --> 00:45:05,880 platform. Yeah, that's what he said. 809 00:45:05,890 --> 00:45:07,740 Yeah, so, but you can put in rez. 810 00:45:07,750 --> 00:45:09,910 They have other ways that you can benefit from the protocol 811 00:45:09,920 --> 00:45:13,990 that you put in res. It's all the value of putting 812 00:45:14,000 --> 00:45:16,280 them in. It's all tied to this new token, 813 00:45:16,870 --> 00:45:20,540 which, you know, if it pumps, then people will put even more 814 00:45:20,550 --> 00:45:21,660 in and then it will be a classic. 815 00:45:21,750 --> 00:45:25,350 It will be a classic Ponzi, but I think it's worth paying 816 00:45:25,360 --> 00:45:27,980 attention to. Think there's some opportunity 817 00:45:27,990 --> 00:45:29,440 here. That's what I'm seeing. 818 00:45:30,460 --> 00:45:33,410 Maybe not just opportunity, but just think a lot of people will 819 00:45:33,420 --> 00:45:37,110 be playing around with it. Um, they're they're classic 820 00:45:37,160 --> 00:45:41,160 risks are things like smart contract risk, hack risks that 821 00:45:41,170 --> 00:45:44,950 we've seen before. I think they've probably 822 00:45:44,960 --> 00:45:49,100 borrowed a lot of the code from people like FTX, so maybe maybe 823 00:45:49,110 --> 00:45:50,470 they're in a better, better scenario. 824 00:45:50,480 --> 00:45:52,970 But like be aware that when you put stuff into pools, just like 825 00:45:52,980 --> 00:45:54,330 in define, you hear about defi hacks. 826 00:45:54,340 --> 00:45:56,090 This is exactly what could happen here. 827 00:45:56,160 --> 00:46:01,620 But other than that I think it's fun to play with see what I was 828 00:46:01,630 --> 00:46:03,880 thinking aping the shit out of the talking the other day before 829 00:46:03,890 --> 00:46:06,420 flying. It's like 4 mil, it's like 2 1/2 830 00:46:06,430 --> 00:46:08,220 X now. So I'm kind of bummed but 831 00:46:08,360 --> 00:46:10,850 because I was looking at it like versus blur at like 100 832 00:46:10,860 --> 00:46:14,100 something million market cap and I'm like well these people 833 00:46:14,110 --> 00:46:16,440 actually been Max bidding NFT's all bear market. 834 00:46:16,510 --> 00:46:19,180 They have millions of dollars of like assets that they've 835 00:46:19,190 --> 00:46:21,690 acquired. They want this to do well. 836 00:46:21,700 --> 00:46:25,200 They need this to do well and it's like the whole Asian bid 837 00:46:25,250 --> 00:46:27,700 and like they're pretty smart people from what I've caught 838 00:46:27,710 --> 00:46:31,250 onto the timeline and what if seen of them over the last few 839 00:46:31,260 --> 00:46:33,370 months. Last year is notably Dingling 840 00:46:33,380 --> 00:46:40,570 and got to see you know obviously free lunch PIP capital 841 00:46:40,680 --> 00:46:42,950 around. I I think it's interesting. 842 00:46:42,960 --> 00:46:46,310 Listen, we always said that in a bull market. 843 00:46:47,560 --> 00:46:49,870 Climate What did you say the market cap is? 844 00:46:50,360 --> 00:46:54,190 It's at 9.85 right now. Is it? 845 00:46:54,280 --> 00:46:58,750 I thought it was just. 200 million ohh FL You were probably 846 00:46:58,760 --> 00:47:01,430 looking at the wrong one. It's FLC is at 9.85. 847 00:47:01,440 --> 00:47:02,820 Dude. It was at 5 million two days 848 00:47:02,830 --> 00:47:06,070 ago. Yeah. 849 00:47:06,120 --> 00:47:08,530 I just sent you the link I was sharing on the screen just now, 850 00:47:08,540 --> 00:47:11,280 but I'll just say it. I thought it was much fun 851 00:47:11,290 --> 00:47:14,050 though, but I'll just say to you again, no it's it's literally 852 00:47:14,060 --> 00:47:19,190 like the Flooring Lab crew. Like the the the FC we is is 9.5 853 00:47:19,520 --> 00:47:22,160 market cap. Is that quality? 854 00:47:23,930 --> 00:47:29,960 Much harder than that, no, I it's not too sure. 855 00:47:29,970 --> 00:47:34,050 Here one it's the same one. The fleet at least my cap is 200 856 00:47:34,060 --> 00:47:37,380 million, so that's OK that that is a lot. 857 00:47:37,690 --> 00:47:40,600 Yeah, there's definitely, definitely doubled over. 858 00:47:41,070 --> 00:47:44,830 Blur. I mean, what's the blur? 859 00:47:44,880 --> 00:47:46,730 I mean, it pumped the other day and then just like kind of 860 00:47:46,740 --> 00:47:49,410 dumped right away once, like 21 cents, $0.19 right now. 861 00:47:49,420 --> 00:47:53,210 So it's just. Like it's working. 550 million, 862 00:47:53,220 --> 00:47:55,940 570, yeah, 570, you're right. You're right. 863 00:47:55,950 --> 00:47:57,370 You're right about this. You're right. 864 00:47:57,380 --> 00:47:59,450 It's. Like a little pump, you know, I 865 00:47:59,460 --> 00:48:02,550 would be aware there was a very high true, I didn't realise that 866 00:48:02,560 --> 00:48:06,080 197 on on on here when you go fully diluted here. 867 00:48:06,140 --> 00:48:08,170 So definitely something worth looking at. 868 00:48:08,180 --> 00:48:10,660 But there's opportunity everywhere, man, this bear 869 00:48:10,670 --> 00:48:12,830 market. I do think that like even the 870 00:48:12,840 --> 00:48:16,370 blur model always said like in a bull market for NFT it works. 871 00:48:17,250 --> 00:48:20,580 It's just it launched at the worst time and it's done like it 872 00:48:20,650 --> 00:48:23,410 also like the incentive was extremely misalignment between 873 00:48:23,420 --> 00:48:25,140 the team in my opinion the community and everything. 874 00:48:25,150 --> 00:48:28,080 So like that didn't work out but like in the bull market like 875 00:48:28,150 --> 00:48:31,250 stuff like flooring protocol he didn't blur like that works but 876 00:48:31,260 --> 00:48:33,310 not in the bull market for coins like in the bull market for 877 00:48:33,320 --> 00:48:35,500 actual NFT. However in the bull market for 878 00:48:35,510 --> 00:48:38,700 coins I'm I'm thinking if you tokenize down to like just the 879 00:48:38,770 --> 00:48:41,200 the ERC 20, all these collections like Portia Club, 880 00:48:41,210 --> 00:48:45,100 like is that going to drive the floor of like the actual assets 881 00:48:45,110 --> 00:48:46,180 up. It probably will. 882 00:48:46,230 --> 00:48:49,070 So like I'm thinking maybe the next one on FD is now the way 883 00:48:49,080 --> 00:48:50,950 I'm trying to think about it, I'm curious how you guys feel 884 00:48:50,960 --> 00:48:52,110 about it. Is the next one. 885 00:48:52,120 --> 00:48:55,780 FT is going to be led by the ERC 20 and not the image. 886 00:48:55,940 --> 00:48:58,190 And then the image obviously is going to be sustained by the 887 00:48:58,200 --> 00:49:00,400 community, blah blah blah and that's going to run after that. 888 00:49:00,410 --> 00:49:03,760 But it could be an interesting way to see things like if the if 889 00:49:03,830 --> 00:49:06,480 everything's becoming just a alcorn with picture, like quite 890 00:49:06,490 --> 00:49:09,280 literally, then the picture runs next. 891 00:49:09,370 --> 00:49:11,510 The people will hold the picture and get into the community if 892 00:49:11,520 --> 00:49:13,580 they really want to be part of the club and blah blah or like 893 00:49:13,590 --> 00:49:16,800 any other collection rec guy, whatever you name it. 894 00:49:17,050 --> 00:49:19,580 But then some people who just want to speculate then don't 895 00:49:19,590 --> 00:49:21,880 even need to spend picture anymore, just by the corner of 896 00:49:21,890 --> 00:49:25,020 it and just be done with it. And I find that interesting like 897 00:49:25,190 --> 00:49:27,730 I I could see myself like instead of buying like the 898 00:49:27,740 --> 00:49:30,410 actual image one day like for new projects and stuff like 899 00:49:30,420 --> 00:49:31,690 that. Like you know how the bull 900 00:49:31,700 --> 00:49:34,370 market was like just go straight to the shipyard, get done with 901 00:49:34,380 --> 00:49:37,550 it and then and then like for the ones that I actually like, 902 00:49:37,560 --> 00:49:39,440 like that's why I actually collect the NFT, because it's 903 00:49:39,450 --> 00:49:42,630 like a sentimental value to like acquiring like an NFT in my 904 00:49:42,640 --> 00:49:44,150 opinion. So it could be an interesting 905 00:49:44,160 --> 00:49:45,800 way to see things. But of course it would require 906 00:49:45,810 --> 00:49:48,860 much more stable like bull for coins first in order to get 907 00:49:48,870 --> 00:49:51,270 there. But I don't know like could. 908 00:49:51,660 --> 00:49:53,790 I'm not saying FLC will lead to that. 909 00:49:53,840 --> 00:49:58,850 I'm just saying could something like FLC and or FLC lead to the 910 00:49:58,860 --> 00:50:01,330 next run on NFT is and could be interesting. 911 00:50:01,340 --> 00:50:05,050 What you guys think about? I don't know if it would be the 912 00:50:05,060 --> 00:50:06,670 next one. If you think you need something 913 00:50:06,680 --> 00:50:10,720 that's not like. Makes you anything that's not 914 00:50:10,730 --> 00:50:13,750 like game driven, good gamified to lead running, just need 915 00:50:13,760 --> 00:50:16,740 people to actually want to buy NFTS for real reasons. 916 00:50:17,130 --> 00:50:20,270 And we've seen we've seen how gamified attempts have failed. 917 00:50:20,280 --> 00:50:22,220 Like Blur is a great example of that. 918 00:50:23,500 --> 00:50:25,890 I'm way more busy. I'm wishing the on the Pokémon 919 00:50:25,900 --> 00:50:27,170 cards than I am on something like this. 920 00:50:27,240 --> 00:50:29,080 This feels like the infrastructure stuff that, yeah, 921 00:50:29,090 --> 00:50:32,750 like if this guy's gonna buy Charizard PSA 10 first edition 922 00:50:32,760 --> 00:50:35,930 and then next weeks, I feel it. I know you. 923 00:50:36,000 --> 00:50:38,110 I know you. You. 924 00:50:38,120 --> 00:50:40,150 You're already looking for one, aren't you? 925 00:50:40,540 --> 00:50:41,730 No. No, I'm not. 926 00:50:41,790 --> 00:50:43,970 I I thought you. If you ever do, though, I got 927 00:50:43,980 --> 00:50:44,950 you. Like if you ever. 928 00:50:44,960 --> 00:50:47,890 Want out of you is out of you is out of your way this yo should 929 00:50:47,900 --> 00:50:50,440 we buy one like I'm dead ass like do you guys wanna like Co 930 00:50:50,450 --> 00:50:54,450 buy like a maybe a PSA 9 like Charizard first edition like we 931 00:50:54,460 --> 00:50:58,750 should just second Nakamoto of like it's the Nakamoto of 932 00:50:58,760 --> 00:51:05,330 Pokémon like I'm just saying think called Buster up he can 933 00:51:05,340 --> 00:51:08,420 hook us up but but we should you know what we should do an 934 00:51:08,430 --> 00:51:10,690 episode about the whole Pokémon thing and then just bring Buster 935 00:51:10,700 --> 00:51:13,910 out. It could be fun but because that 936 00:51:13,920 --> 00:51:17,390 that stuff is heating up like the whole Pokémon market again 937 00:51:17,400 --> 00:51:21,510 and that the whole NFT run was after the Pokémon run in the 938 00:51:21,520 --> 00:51:25,170 first place just everything started to light up like pre 939 00:51:25,180 --> 00:51:29,930 2021 and FT run right now. Bitcoins lining up, looking on 940 00:51:29,940 --> 00:51:33,590 WA and all this shit sliding up. Like even the watch market is 941 00:51:33,600 --> 00:51:36,520 slowly picking up. Like slowly. 942 00:51:36,530 --> 00:51:39,020 I've been looking a little bit to see if I can catch some 943 00:51:39,030 --> 00:51:43,680 steals before it runs, but like, you know, I don't want to be 944 00:51:43,690 --> 00:51:45,880 left behind for my 30th birthday next year. 945 00:51:48,040 --> 00:51:50,590 You know, the Raging Bull mark. Everything's like overpriced, 946 00:51:51,260 --> 00:51:54,350 but you know it's it's starting to heat up. 947 00:51:54,360 --> 00:51:56,870 But anyways, Capo could be right. 948 00:51:56,970 --> 00:52:01,920 Capo could still be right so. Capo can still be right, because 949 00:52:01,930 --> 00:52:03,920 Capo actually wasn't talking about Bitcoin. 950 00:52:04,210 --> 00:52:05,800 He was talking about all these old coins. 951 00:52:06,230 --> 00:52:09,330 I don't know positions. Are but that's such a cop out 952 00:52:09,340 --> 00:52:10,940 though like at the beginning he was so bad. 953 00:52:10,950 --> 00:52:13,590 He's like, yeah, that's a cop out and that's be like. 954 00:52:13,600 --> 00:52:15,480 Yeah, I agree, he said. He said. 955 00:52:15,490 --> 00:52:18,170 Yeah, you agree. I know you agree. 956 00:52:18,180 --> 00:52:21,240 He said 12 K Bitcoin and he stands by that so exactly. 957 00:52:21,250 --> 00:52:25,370 So I mean, look, we could still see another pullback. 958 00:52:25,420 --> 00:52:27,500 You know, we've given the reasons today, but we'll see 959 00:52:27,510 --> 00:52:30,210 what happens. But anyways boys, what's your 960 00:52:30,220 --> 00:52:33,600 plans for the weekend? Ohh this steps burn. 961 00:52:33,610 --> 00:52:36,660 Hold on before we talk about weekends stops Burn is now live. 962 00:52:36,670 --> 00:52:41,440 So if you're meant not fair dot XYZ 4 slash stops 4 slash Brian 963 00:52:41,510 --> 00:52:43,200 it's on screen. You can scan the court court 964 00:52:43,210 --> 00:52:45,740 directly. Go and burn it Star boy baby, 965 00:52:45,750 --> 00:52:48,880 I'm a star boy. Anyways this the piece is fire. 966 00:52:48,930 --> 00:52:51,610 The collection is beautiful. Check it out. 967 00:52:51,670 --> 00:52:54,290 Get your stubs. And with that, boys, what are 968 00:52:54,300 --> 00:52:59,200 you doing this weekend? We know what you're doing, 969 00:52:59,210 --> 00:53:02,220 eating protein and working out. Yeah, exactly. 970 00:53:02,310 --> 00:53:04,020 Rugby World Cup final this weekend? 971 00:53:05,720 --> 00:53:14,130 Ohh, who's in the final? I believe it's, uh, England. 972 00:53:14,140 --> 00:53:16,510 And sorry, England. Sorry what I say, not World Cup 973 00:53:16,520 --> 00:53:19,910 finals, semi final, but England, South Africa are playing 974 00:53:19,920 --> 00:53:23,390 tomorrow. Whoa, Argentina and New Zealand 975 00:53:23,400 --> 00:53:25,180 as well. That's too big. 976 00:53:25,220 --> 00:53:28,420 It's today. He's in today, but the England 977 00:53:28,430 --> 00:53:30,810 game tomorrow. Damn. 978 00:53:30,890 --> 00:53:33,580 On the cricket. Ohh, we're having a shocker in 979 00:53:33,590 --> 00:53:35,830 the cricket. You know, we lost. 980 00:53:35,870 --> 00:53:41,910 We lost Afghanistan. Again, come full circle. 981 00:53:41,980 --> 00:53:45,040 I mean, England can't catch a break between the football World 982 00:53:45,050 --> 00:53:48,520 Cup where we just kicked you out and then now you. 983 00:53:48,530 --> 00:53:53,490 Know we were with the cricket World Cup champions, so we won 984 00:53:53,500 --> 00:53:56,050 both the 2020 and the and the one day. 985 00:53:56,100 --> 00:53:58,490 You know what? I'm going to cheer for England, 986 00:53:58,500 --> 00:54:00,990 for rugby, because France got knocked out. 987 00:54:01,040 --> 00:54:04,550 So I'm gonna, I'm gonna, France just got knocked out I think 988 00:54:04,620 --> 00:54:08,130 this past week. So I'm going to cheer for you 989 00:54:08,140 --> 00:54:09,830 guys. I'm going to, I'm going to cheer 990 00:54:09,840 --> 00:54:13,010 for you, beat South Africa and then we're gonna either beat 991 00:54:13,020 --> 00:54:16,120 Argentina or the the All Blacks. You know, I'll cheer for you 992 00:54:16,130 --> 00:54:18,860 guys. Let's go, let's go. 993 00:54:18,910 --> 00:54:21,360 That's fair. Alright, well, I'll be at the F1 994 00:54:21,430 --> 00:54:23,600 with Bracken. Speaking of which, shout to 995 00:54:23,610 --> 00:54:27,500 Kraken for powering our show. Go to kraken.com/rug Radio. 996 00:54:27,630 --> 00:54:30,480 By the way, if you want that free grid pass NFT from McLaren, 997 00:54:30,630 --> 00:54:33,340 from Williams, I'm sorry. From Williams Racing, make sure 998 00:54:33,350 --> 00:54:36,780 that you like same thing, same website and just do it like it's 999 00:54:36,790 --> 00:54:39,860 a free NFT that they're giving out here all week. 1000 00:54:39,870 --> 00:54:42,760 And just so you guys know, it was insane yesterday. 1001 00:54:43,170 --> 00:54:48,990 The line at the Williams Fanzone in Austin to get free NFT's is 1002 00:54:49,000 --> 00:54:50,760 wild. Like Williams Racing went and 1003 00:54:50,770 --> 00:54:52,530 posted the video yesterday on Instagram. 1004 00:54:52,580 --> 00:54:57,160 And as you can, as you know like the normies piled onto hate 1005 00:54:57,170 --> 00:54:58,890 like, ohh, now we're gonna lose the race. 1006 00:54:58,970 --> 00:55:01,180 Why is there a seal in the back of the car? 1007 00:55:01,230 --> 00:55:03,610 They were like you guys, if you got a good laugh, go on the 1008 00:55:03,620 --> 00:55:05,960 Williams Racing Instagram. It's hilarious. 1009 00:55:06,150 --> 00:55:12,620 But, but in person there's hundreds if not thousands of 1010 00:55:12,630 --> 00:55:16,380 people coming in and out to get a free NFT and I'm about to go 1011 00:55:16,390 --> 00:55:18,000 on record record with three guys. 1012 00:55:18,010 --> 00:55:20,240 Some like street interviews like fuck around with people a little 1013 00:55:20,250 --> 00:55:22,580 bit right now and and show you guys this. 1014 00:55:22,590 --> 00:55:25,080 So it's really cool to be here and to see that and to see 1015 00:55:25,090 --> 00:55:28,420 people claim during this actually tied to this, which is 1016 00:55:28,430 --> 00:55:29,950 super cool. Like you get like your whole 1017 00:55:29,960 --> 00:55:33,150 like grid pass and like you get an NFT with it and everything 1018 00:55:33,160 --> 00:55:35,240 and digital collectible and a lot of people actually. 1019 00:55:35,250 --> 00:55:38,520 It's really fun to see people mint their first NFT ever and 1020 00:55:38,530 --> 00:55:40,660 their reactions in person. I got to tell you, that's one of 1021 00:55:40,670 --> 00:55:43,110 my first times like witnessing that, and I think it's really 1022 00:55:43,120 --> 00:55:44,630 fun. A lot of people are doing that. 1023 00:55:44,640 --> 00:55:47,450 So send me some ideas if you want me to fuck with people in 1024 00:55:47,460 --> 00:55:50,450 the street, because that's what I'm doing today with PG and it 1025 00:55:50,520 --> 00:55:54,630 it should be a lot of fun. And then race tomorrow, race 1026 00:55:54,640 --> 00:55:57,420 Sunday, and then I'm home for two months. 1027 00:55:57,490 --> 00:56:00,820 Can't wait. Alright, so with that, with 1028 00:56:00,830 --> 00:56:06,780 that, with that, enjoy both. Enjoy Lisbon and enjoy Texas. 1029 00:56:06,910 --> 00:56:09,910 We'll see you on Monday, 10:30 AM Eastern Standard Time, 7:30 1030 00:56:09,920 --> 00:56:12,040 AM Pacific Time. Time for the episode of Jam Web 1031 00:56:12,050 --> 00:56:14,750 3 on Rock Radio. Let's go.