1 00:00:00,480 --> 00:00:06,160 Yo-yo what up, what up Good morning, good morning MGF 2 00:00:07,720 --> 00:00:12,520 Tuesday, Tuesday it's only Tuesday Tuesday January 34th, 3 00:00:13,520 --> 00:00:17,600 2025. Look at that another beautiful 4 00:00:17,600 --> 00:00:21,040 day to have a beautiful day, another beautiful longest month 5 00:00:21,040 --> 00:00:23,280 of the of the year to have longest month of the year. 6 00:00:23,760 --> 00:00:25,920 I got my Co host in the house Tyler Mando. 7 00:00:25,920 --> 00:00:27,000 Good morning. How you guys doing today? 8 00:00:28,720 --> 00:00:34,080 Good man with a bounce back back to whatever it was 102 K. 9 00:00:34,480 --> 00:00:38,520 Yeah. Broke in my DMS, wants to add 10 00:00:38,520 --> 00:00:45,080 more risks straight away after the 20% rally across the board 11 00:00:45,320 --> 00:00:47,320 the straight. I mean to be fair, all my calls 12 00:00:47,320 --> 00:00:53,480 pre 20% rally were right. Yeah, actually to be fair, like 13 00:00:53,520 --> 00:00:58,160 the the nice little dip on Ray that we that you caught 14 00:00:58,160 --> 00:01:00,040 yesterday. That was nice. 15 00:01:00,680 --> 00:01:03,120 Small trade, small trade though, sadly. 16 00:01:03,160 --> 00:01:05,200 But yeah, I do want to I I wish I was more risk on. 17 00:01:05,200 --> 00:01:06,960 It's like dying. I'm dying but I'm so bored. 18 00:01:06,960 --> 00:01:09,600 Like fucking JLP man. It's like so you put me in a 19 00:01:09,600 --> 00:01:12,560 retirement home bro. Like I'm fucking I'm a 30 year 20 00:01:12,560 --> 00:01:15,160 old degenerate that lives in. A put you in a retirement home. 21 00:01:15,480 --> 00:01:17,080 Think I live here? Like look at me. 22 00:01:17,080 --> 00:01:19,600 My surroundings are web 3. Everything around me is crypto. 23 00:01:19,760 --> 00:01:23,960 I live in a crypto home and, and here I am I, I and I live in the 24 00:01:23,960 --> 00:01:26,400 casino with you guys. I'm talking to you guys like so. 25 00:01:26,400 --> 00:01:30,000 Funny how just making making boring money is not fun. 26 00:01:30,680 --> 00:01:32,840 I'm in the retirement home. I feel like you, you know what 27 00:01:32,840 --> 00:01:34,680 you did with me. This is this is what you did 28 00:01:34,680 --> 00:01:35,400 with me. You. 29 00:01:35,760 --> 00:01:39,600 You just let's take you to bed. Let's take You to Bed is made of 30 00:01:39,680 --> 00:01:42,480 Solana and Bitcoin. Hey, Farooq, let's take you to 31 00:01:42,480 --> 00:01:44,160 bed. Farooq, let's take you to bed. 32 00:01:44,160 --> 00:01:48,520 You know what the fuck put me. Put me back in the asylum. 33 00:01:49,200 --> 00:01:51,840 You know, I want him. I want him. 34 00:01:52,040 --> 00:01:54,320 I actually know the feeling that you mean because you, you sit 35 00:01:54,320 --> 00:01:58,120 there just like the, the threshold for you to want to get 36 00:01:58,120 --> 00:01:59,640 involved in something is quite high. 37 00:01:59,760 --> 00:02:02,160 Like you just sit there and go. Like I don't know if I can be 38 00:02:02,160 --> 00:02:03,720 bothered to sell this. Coach. 39 00:02:04,040 --> 00:02:06,480 You know what I mean? So you actually you end up just 40 00:02:06,480 --> 00:02:10,720 like resisting all FOMO. I was just a good exercise 41 00:02:10,720 --> 00:02:11,160 though. It's. 42 00:02:11,200 --> 00:02:13,440 It's for example, did you buy MLG yesterday? 43 00:02:14,040 --> 00:02:16,640 I bubble lower. I bought MLG at $85 million the 44 00:02:16,640 --> 00:02:19,400 other day and sold it on. Yesterday because you were in my 45 00:02:19,400 --> 00:02:20,720 DNS been like I want to buy some. 46 00:02:20,720 --> 00:02:22,360 No, I didn't. I didn't. 47 00:02:22,760 --> 00:02:24,800 I didn't. That's a prime example, right? 48 00:02:25,320 --> 00:02:27,680 You feel the FOMO and you're like, I got to buy it. 49 00:02:27,720 --> 00:02:31,240 And then it goes up, back down, and then you're like, Oh, yeah, 50 00:02:31,240 --> 00:02:36,520 OK. Oh my God, yeah, I got AI, got 51 00:02:37,040 --> 00:02:41,600 AI, got AI. Don't know man I just guys 52 00:02:41,640 --> 00:02:45,640 doing. Some low stakes, high leverage 53 00:02:45,640 --> 00:02:50,520 perps action to pass your time. Yeah, maybe. 54 00:02:50,520 --> 00:02:52,320 You know what I thought about that yesterday, Tyler. 55 00:02:52,560 --> 00:02:54,920 I was like, maybe do I load up like $100,000 in the robot 56 00:02:54,920 --> 00:02:57,040 account and, and just perp trade? 57 00:02:57,040 --> 00:03:00,160 And I decided not to because for me, like this is the fastest way 58 00:03:00,160 --> 00:03:02,480 of losing the entire stack. At least on a meme coin, I'll 59 00:03:02,480 --> 00:03:05,160 chase the wrong meme coin and I'll lose half of my money. 60 00:03:07,120 --> 00:03:11,240 I can make that back, right? Just one 2X, but the perfect 61 00:03:11,280 --> 00:03:12,280 thing. How you doing, Tyler? 62 00:03:12,320 --> 00:03:14,520 How's your morning going? I'm good. 63 00:03:14,520 --> 00:03:20,560 I woke up to the to the China Terra fear and then it seems 64 00:03:20,560 --> 00:03:22,680 like that's already passed. And is that? 65 00:03:23,160 --> 00:03:25,760 It's it's already passed and now it's 10:00 AM and we've already 66 00:03:25,760 --> 00:03:30,840 got our first Mega Bowl headline of the day out of the the Trump. 67 00:03:31,520 --> 00:03:32,840 There you go. And I'm sure we'll talk about 68 00:03:32,840 --> 00:03:34,920 that in a second. And we have David Saks, crypto 69 00:03:34,920 --> 00:03:37,880 czar, talking about a 2:30 PM Eastern Standard Time today. 70 00:03:37,880 --> 00:03:40,440 So let's to me like this is like as exciting as like a Trump 71 00:03:40,440 --> 00:03:43,840 speech because he works for Trump and he's going to speak on 72 00:03:43,840 --> 00:03:45,640 crypto. So it's going to be a it's going 73 00:03:45,640 --> 00:03:48,200 to be super exciting. You know, I even have the local 74 00:03:48,200 --> 00:03:51,000 press, the person who interviewed me on for after my 75 00:03:51,000 --> 00:03:53,480 Trump review in Montreal that messaged me yesterday asking me 76 00:03:53,480 --> 00:03:55,200 about like what's going on with the doge and the use of 77 00:03:55,200 --> 00:03:57,280 blockchain and stuff. So like there's like it's it's 78 00:03:57,600 --> 00:04:00,680 he's starting to make some waves, all this crypto stuff 79 00:04:00,760 --> 00:04:03,720 across across across the world, slowly but surely. 80 00:04:03,720 --> 00:04:05,920 I think people are really catching on to it that this 81 00:04:05,920 --> 00:04:07,880 technology could actually be used for something more than 82 00:04:07,880 --> 00:04:10,320 just, you know, number go up, though. 83 00:04:10,480 --> 00:04:12,240 This is what we're all in for anyways. 84 00:04:12,520 --> 00:04:15,680 Today on the show today, today, today, do a one soul to 1000 85 00:04:15,680 --> 00:04:17,160 soul challenge. I don't believe in those. 86 00:04:17,240 --> 00:04:19,240 Like there's no one in your timeline saying they did a one 87 00:04:19,240 --> 00:04:21,440 soul to 1000 soul challenge. That's like not lying to you. 88 00:04:21,920 --> 00:04:24,520 They all loaded it up with like 50 soul after losing that one 89 00:04:24,520 --> 00:04:28,480 soul and then took it to 1000 maybe because trust me, I tried 90 00:04:29,000 --> 00:04:32,400 many times. Anyways, today on the show, what 91 00:04:32,400 --> 00:04:35,000 are we talking about? Macros, markets? 92 00:04:35,040 --> 00:04:37,840 I do some numbers this morning, Amanda, I'm curious about or 93 00:04:37,840 --> 00:04:39,080 whatever. Anyways, that's the Walter 94 00:04:39,080 --> 00:04:43,000 Bloomberg talk to one tweet that stuff markets doing good. 95 00:04:43,000 --> 00:04:50,760 So I'm assuming it's OK. We we have Tyler's top 1000 like 96 00:04:50,760 --> 00:04:53,600 you said, Eleanor Tourette again with the bangers on time on this 97 00:04:53,600 --> 00:04:54,800 morning. So I'm sure we got to cover that 98 00:04:54,800 --> 00:04:57,800 stuff and then last but not least, so we don't have a guest 99 00:04:57,800 --> 00:04:59,080 today, but we have robot loot box spins. 100 00:04:59,080 --> 00:05:01,520 It's Tuesday, so Tuesday, Wednesday, Thursday, Friday. 101 00:05:01,520 --> 00:05:03,520 Oh, and the code is already out there and look at the code. 102 00:05:03,640 --> 00:05:07,720 I I love we invented this term. This is a FOMO hours special 103 00:05:07,720 --> 00:05:13,560 FARC FARTKKC. What the hell FARC dude, what? 104 00:05:14,160 --> 00:05:17,400 I just failed the spelling bee. FARC is going to be the code to 105 00:05:17,400 --> 00:05:20,080 this the raffle ball that XYZ we're giving as the code right 106 00:05:20,080 --> 00:05:22,280 off the bat because my ass always forgets I get dragged 107 00:05:22,280 --> 00:05:25,640 along the side the show and that forgets the raffle ball that XYZ 108 00:05:25,640 --> 00:05:28,080 every single Tuesday, Wednesday, Thursday, Friday, we give them 109 00:05:28,080 --> 00:05:31,640 money away and actually create a really fun box for you guys this 110 00:05:31,640 --> 00:05:34,400 morning with with a bunch of different NFTS actually took 111 00:05:34,400 --> 00:05:37,600 quite a bit of time to make it. So hopefully you guys hit big. 112 00:05:37,840 --> 00:05:41,480 And as usual, this show is powered by Galaxy's Galaxy Web 3 113 00:05:41,480 --> 00:05:43,760 platform, empowering creators and brands to build unstoppable 114 00:05:43,760 --> 00:05:45,800 committees with full ownership and independence. 115 00:05:46,160 --> 00:05:48,960 Trusted by icons like Donald Trump, Steve Aoki, Mike Tyson 116 00:05:48,960 --> 00:05:52,040 and the NBA, shaping together the future of engagement, but 117 00:05:52,040 --> 00:05:54,440 also fair side. Every day we see people as well 118 00:05:54,440 --> 00:05:56,760 as get drained. Fair side is about to launch the 119 00:05:56,760 --> 00:05:59,120 fair alternative to insurance for crypto scams. 120 00:05:59,120 --> 00:06:02,520 Check out fair side network. If you get drained, you won't 121 00:06:02,520 --> 00:06:10,240 get wrecked, Mando. Who is the man? 122 00:06:15,560 --> 00:06:17,880 Can you dig it? GM everyone? 123 00:06:18,440 --> 00:06:22,600 So better day. I would say the day just got 124 00:06:22,600 --> 00:06:26,360 better as it went on. We we obviously had that 125 00:06:26,360 --> 00:06:30,120 horrific day yesterday, maybe up to 10 billion of liquidations. 126 00:06:30,120 --> 00:06:33,920 I think by the time the show went live we were kind of back 127 00:06:33,920 --> 00:06:36,640 to like, what was it, 97 K roughly? 128 00:06:36,640 --> 00:06:38,880 I think the show, yeah, we nearly hit 100K on the show 129 00:06:38,880 --> 00:06:40,040 even. Oh, really? 130 00:06:40,040 --> 00:06:41,840 OK, so it was it was rounding as the show came. 131 00:06:41,840 --> 00:06:43,160 Because you had to go, Yeah. So. 132 00:06:43,640 --> 00:06:47,000 But by the end of the show, we really like we're 99299 four. 133 00:06:47,440 --> 00:06:47,960 Right. OK. 134 00:06:47,960 --> 00:06:50,000 So we're probably, yeah flat to where we were yesterday, 135 00:06:50,000 --> 00:06:54,040 although we did kind of go back above 100K to around 102 K 136 00:06:54,480 --> 00:06:59,320 slightly higher yesterday. And then as I kind of we alluded 137 00:06:59,320 --> 00:07:03,720 to like this is not the the one, the fight against Canada and 138 00:07:03,720 --> 00:07:05,160 Mexico was always going to be resolved. 139 00:07:05,160 --> 00:07:10,600 The big fight here is against China at the BRICS and that was 140 00:07:10,600 --> 00:07:13,880 what, you know, Donald Trump had in his first presidency for 141 00:07:13,880 --> 00:07:19,800 many, many months and the markets didn't like it, but it 142 00:07:19,800 --> 00:07:23,840 came to terms with it. It also feels like they are now 143 00:07:23,840 --> 00:07:25,840 going to have a bit of a trade war with tariffs on, on 144 00:07:25,840 --> 00:07:28,920 different goods. I do think this hurts China 145 00:07:28,920 --> 00:07:31,920 obviously a lot more than it hurts the US, although they've 146 00:07:32,240 --> 00:07:36,120 they've come back and said they're going to limit, they're 147 00:07:36,120 --> 00:07:41,280 going to limit the imports, certain US goods or put tariffs 148 00:07:41,280 --> 00:07:42,960 on them. They're going to limit their 149 00:07:42,960 --> 00:07:46,560 exports of some rare minerals, which is fairly important to the 150 00:07:46,720 --> 00:07:48,520 US. And they said they're going to 151 00:07:48,520 --> 00:07:51,360 do some sort of investigation into Google, which is just kind 152 00:07:51,360 --> 00:07:54,560 of classic. So yeah, they're just like doing 153 00:07:54,560 --> 00:07:57,200 what they can to to exert some pressure back on the US. 154 00:07:57,800 --> 00:07:59,400 Maybe this leads to a deal, maybe it doesn't. 155 00:07:59,400 --> 00:08:02,720 My personal view is that there won't be a deal with China. 156 00:08:03,160 --> 00:08:06,120 I think I think it will actually probably just keep escalating. 157 00:08:06,640 --> 00:08:12,760 That's, I think the there is very little need for Trump's in 158 00:08:12,760 --> 00:08:15,640 Trump's view of like raising tariffs instead of taxes. 159 00:08:16,360 --> 00:08:18,480 You don't do against China or Mexico, but you can just keep on 160 00:08:18,480 --> 00:08:21,880 doing against China. So I think, I think that's what 161 00:08:21,880 --> 00:08:27,760 we'll we'll see here. They may also continue to raise 162 00:08:27,760 --> 00:08:29,920 tariffs versus the EU. That one's going to be a more 163 00:08:29,920 --> 00:08:35,400 interesting one. I think the US feels less 164 00:08:35,640 --> 00:08:38,360 aligned, let's say with the EU right now. 165 00:08:38,720 --> 00:08:41,440 I think with the UK they'll probably do a sort of Canada, 166 00:08:41,440 --> 00:08:44,880 Mexico style deal, but for the EUI think it could be a bit more 167 00:08:46,600 --> 00:08:49,760 of an issue. And then BRICS remains to be 168 00:08:49,760 --> 00:08:52,680 seen. India sounds like they've 169 00:08:52,680 --> 00:08:57,040 already like offered a trade deal in the last 24 hours trying 170 00:08:57,040 --> 00:09:01,600 to pre empt anything from Trump. Obviously, the Saudis and the US 171 00:09:01,600 --> 00:09:07,600 have kind of close, but at the same time not close relations 172 00:09:07,600 --> 00:09:11,840 and certain things. And then Russia obviously is 173 00:09:11,840 --> 00:09:15,280 already under sanctions. And then it's all the other 174 00:09:15,280 --> 00:09:17,800 extra members of the BRICS that I think they'll be looking at. 175 00:09:17,800 --> 00:09:22,280 So let's see what happens there. This is going to be what what I 176 00:09:22,280 --> 00:09:25,720 think we are seeing here is that China is that Trump is going to 177 00:09:25,720 --> 00:09:28,720 be a headline president way more than Biden ever was. 178 00:09:30,880 --> 00:09:34,040 You know, we are going to hear which is his style, you know, 179 00:09:34,040 --> 00:09:39,960 this brinkmanship style, this slightly bombastic style, I 180 00:09:39,960 --> 00:09:43,480 would say. Where Bombastic. 181 00:09:43,760 --> 00:09:46,320 I like the word. Kind of crazy and then walks it 182 00:09:46,320 --> 00:09:50,680 back and then or sees what the reaction to it is. 183 00:09:52,240 --> 00:09:53,600 You're going to see a lot of headlines. 184 00:09:53,920 --> 00:09:56,640 You know, I think we probably knew that from the moment he 185 00:09:56,640 --> 00:09:58,560 kind of came in and said he wants to like take over 186 00:09:58,560 --> 00:10:00,480 Greenland. Like this guy is going to put 187 00:10:00,480 --> 00:10:03,120 out a lot of different concepts and then work out what sticks or 188 00:10:03,120 --> 00:10:06,880 what doesn't stick. And some of it may all just be 189 00:10:06,880 --> 00:10:08,680 part of a negotiating plan. So I think we're going to see a 190 00:10:08,680 --> 00:10:11,880 lot of that and expect some volatility on the back of it. 191 00:10:13,160 --> 00:10:15,200 Luckily, I don't think a lot of that is to do with crypto. 192 00:10:15,280 --> 00:10:18,480 I think for crypto in general, he's just going to, he's pretty 193 00:10:18,480 --> 00:10:24,120 positive, but particularly around foreign policy and trade, 194 00:10:24,160 --> 00:10:27,600 I think you're going to see a lot of fairly crazy headlines 195 00:10:27,600 --> 00:10:29,200 over the next over the next four years. 196 00:10:29,960 --> 00:10:33,920 So markets, macro markets wobbled a little bit yesterday 197 00:10:35,760 --> 00:10:38,400 and I haven't checked today, but what? 198 00:10:38,680 --> 00:10:41,080 Was this jobs thing there's numbers this morning or 199 00:10:41,080 --> 00:10:44,400 something? There was a there's a jolt jobs 200 00:10:44,400 --> 00:10:45,600 report. It's not one of the bigger jobs 201 00:10:45,600 --> 00:10:46,920 reports. So I wouldn't, I wouldn't worry 202 00:10:46,920 --> 00:10:48,600 necessarily about that, that jobs report. 203 00:10:49,920 --> 00:10:53,680 OK. Yeah, Like it looks as though 204 00:10:53,680 --> 00:10:57,760 we're slightly rebounding here even even with the trade war 205 00:10:57,760 --> 00:11:00,240 stuff. So whatever losses we kind of 206 00:11:00,240 --> 00:11:03,840 had yesterday have kind of been us kind of being erased right 207 00:11:03,840 --> 00:11:06,240 now. So it doesn't doesn't feel like 208 00:11:06,240 --> 00:11:10,280 it's that much of A worry so far for for like macro markets. 209 00:11:12,640 --> 00:11:15,440 And I think that's going to be continues to be the case. 210 00:11:15,600 --> 00:11:20,160 Bitcoin, I think it's good that it's had this little retest like 211 00:11:20,160 --> 00:11:23,280 it's currently like 9899 was there this morning as well. 212 00:11:23,280 --> 00:11:27,640 Like I think it would have been strange if it's like powered on 213 00:11:27,640 --> 00:11:30,680 higher. Yeah, it's good it has this 214 00:11:30,680 --> 00:11:33,680 little consolidation. And then, you know, I'm seeing a 215 00:11:33,680 --> 00:11:36,920 range of different takes here, like that was the flush that 216 00:11:36,920 --> 00:11:40,560 takes us then up can take us up to, you know, an all new time 217 00:11:40,560 --> 00:11:43,440 high. This points to us being in a 218 00:11:43,440 --> 00:11:47,760 long range for a long time. Bombastic. 219 00:11:47,760 --> 00:11:49,400 Yeah. Ticker sign bomb. 220 00:11:49,400 --> 00:11:51,600 Wait no, I'm I'm Persian. Don't do it. 221 00:11:52,280 --> 00:11:56,440 That's racist. That. 222 00:11:57,160 --> 00:12:01,040 Looks like a range. That looks like a range to me. 223 00:12:01,400 --> 00:12:03,360 Dude, look at this range, it's so tight right now. 224 00:12:03,360 --> 00:12:06,240 It's like, it's just like the the eternal shop. 225 00:12:07,040 --> 00:12:08,680 We're back. Remember when you had a? 226 00:12:08,760 --> 00:12:11,400 We had a segment called the Chop on formal hour. 227 00:12:12,040 --> 00:12:14,960 It's interesting though, that chop, you know, you look at the 228 00:12:14,960 --> 00:12:16,760 chop from last year and it was a chop down. 229 00:12:17,600 --> 00:12:19,400 This kind of looks more like a chop up. 230 00:12:19,680 --> 00:12:21,360 I mean, we put in the higher low here, guys. 231 00:12:21,360 --> 00:12:24,800 Unless, like, Tyler is like Tyler's licking his lips. 232 00:12:24,800 --> 00:12:27,320 Right now ILO on Seoul, there's a higher low on Bitcoin. 233 00:12:27,320 --> 00:12:30,240 This is higher lows, dude. Like honestly, wherever you want 234 00:12:30,240 --> 00:12:32,200 to put it, like they're like this all higher lows. 235 00:12:32,480 --> 00:12:35,120 Does that mean we does that mean we break out lower? 236 00:12:36,560 --> 00:12:39,560 Oh, so actually, while you're here, Tyler had a question for 237 00:12:39,560 --> 00:12:42,120 yesterday because you answered this question but the wrong way. 238 00:12:42,600 --> 00:12:45,120 So yesterday Tyler asked you how do we break out of this range? 239 00:12:45,480 --> 00:12:49,080 You answer on the way down, breakdown of this range. 240 00:12:49,080 --> 00:12:51,640 Then you left and Tyler and I were here like, well, what the 241 00:12:51,640 --> 00:12:52,920 fuck? And Tyler was like, well, I kind 242 00:12:52,920 --> 00:12:53,840 of wanted to know, how did I say that? 243 00:12:54,280 --> 00:12:56,360 Yeah, but you didn't say it's going to be lower. 244 00:12:56,880 --> 00:12:57,880 You only answered. Yeah, well. 245 00:12:57,880 --> 00:12:59,920 Yeah, we were just talking through how to break the range 246 00:12:59,920 --> 00:13:02,600 and you just kind. Of you just gave one of the 247 00:13:02,600 --> 00:13:05,160 answers but we were waiting for the other answer. 248 00:13:07,000 --> 00:13:09,280 All I've generally found is whenever we've been in a big 249 00:13:09,280 --> 00:13:14,640 range in crypto, you firstly, firstly everyone has to give up 250 00:13:14,640 --> 00:13:17,520 and think it's over and then you gig a cent out of it. 251 00:13:18,120 --> 00:13:21,800 And that's happened so many times. 252 00:13:22,480 --> 00:13:23,760 But look. Look at the breakout. 253 00:13:24,280 --> 00:13:27,480 This one, it's this one. No, the one after that, right 254 00:13:27,480 --> 00:13:31,000 when we went back down to 52 K and then it was just green 255 00:13:31,000 --> 00:13:33,760 candles all the way up to 70 and then it was like, right, we're 256 00:13:33,760 --> 00:13:35,000 going. That was the one where everyone 257 00:13:35,000 --> 00:13:36,200 thought it was over, right? Oh, I remember. 258 00:13:36,200 --> 00:13:38,040 It's my birthday. That was the day, Yeah. 259 00:13:38,040 --> 00:13:41,200 And. Go back to the last range, which 260 00:13:41,200 --> 00:13:43,200 was the really long one. Yeah, like just before we 261 00:13:43,200 --> 00:13:44,880 started getting your sending out again every. 262 00:13:45,000 --> 00:13:49,080 No, no, before that, this one. Well, that's the bear market, 263 00:13:49,080 --> 00:13:51,200 right? Well, no, that one from where 264 00:13:51,200 --> 00:13:53,880 we're at 25 K roughly for like months. 265 00:13:53,880 --> 00:13:55,240 No, no. No. 266 00:13:55,560 --> 00:14:00,200 Which one This one can. No, but the one before that, the 267 00:14:00,200 --> 00:14:04,120 really longest this one and again before that happened, I 268 00:14:04,120 --> 00:14:07,640 think ETH went down to like 1500. 269 00:14:08,000 --> 00:14:10,400 Yeah, yeah, yeah. It's over. 270 00:14:12,000 --> 00:14:15,080 It's here, 1500 on the dot here, Yeah. 271 00:14:15,080 --> 00:14:16,560 And then we just like Giga sending out of it. 272 00:14:17,440 --> 00:14:19,880 That may have been the one that everyone just gave up. 273 00:14:19,960 --> 00:14:21,800 You know, a lot of people calling for the top. 274 00:14:22,440 --> 00:14:25,160 Look at this after that. Yeah, exactly. 275 00:14:25,560 --> 00:14:27,800 But generally you need people to give up hope. 276 00:14:28,120 --> 00:14:30,880 I've I've, I've found, and I think there's a little bit too 277 00:14:30,880 --> 00:14:33,640 much hope out there right now. That's my general. 278 00:14:34,400 --> 00:14:35,680 I don't like that you're saying this. 279 00:14:35,880 --> 00:14:37,880 He wants fully hopeless before we. 280 00:14:38,160 --> 00:14:39,960 Can yeah, this guy wants us to be hopeless. 281 00:14:40,400 --> 00:14:43,440 That's been my experience of the chop, like it is. 282 00:14:43,480 --> 00:14:48,680 It is so painful because everyone gets so bullish. 283 00:14:48,680 --> 00:14:51,520 You need a couple more of like we go to 108 K and I was like 284 00:14:51,520 --> 00:14:54,080 we're about to break down. Oh, that's going to happen again 285 00:14:54,080 --> 00:14:56,560 for sure like literally yesterday when I was getting set 286 00:14:56,560 --> 00:14:59,120 of one O 2 something, I think I texted you guys I was like, are 287 00:14:59,120 --> 00:15:02,680 you guys ready for one O 6 before we go back to 92 on 288 00:15:02,680 --> 00:15:05,120 Sunday? I I and that's not me being 289 00:15:05,120 --> 00:15:07,040 bears, just BB. I think being rational. 290 00:15:07,360 --> 00:15:12,600 But where where are we here guys before we go to Tyler's where 291 00:15:12,600 --> 00:15:15,720 are we on the famous Wall Street CHEAT SHEET? 292 00:15:16,160 --> 00:15:19,520 What do you think I love? How this gets looked at and then 293 00:15:19,520 --> 00:15:21,040 you bring up the chart of the S&P. 294 00:15:21,400 --> 00:15:24,440 So I think this is like literally, I think this is a 295 00:15:24,440 --> 00:15:25,440 weak cycle. Now. 296 00:15:25,600 --> 00:15:28,840 I genuinely mean that this is one week every week. 297 00:15:29,680 --> 00:15:33,160 But it's just this market. Have you seen bring up the the 298 00:15:33,160 --> 00:15:35,280 chart of the S&P? Yeah, it's up only for two 299 00:15:35,280 --> 00:15:37,680 years, I know. For two years. 300 00:15:38,000 --> 00:15:40,640 What do you mean? For like decades 15. 301 00:15:41,440 --> 00:15:43,640 Years for 100 years. SPX right here. 302 00:15:46,200 --> 00:15:47,840 There you go. Let's go on the yearly. 303 00:15:49,200 --> 00:15:51,880 Oh my God, wait. But yeah, whoa, whoa, wait. 304 00:15:51,880 --> 00:15:54,880 There's too many green candles. Oh my God, this looks like. 305 00:15:55,240 --> 00:15:57,800 Where, where are we on this market cycle there? 306 00:16:00,040 --> 00:16:03,120 What I'm saying is I think and I think a lot of people are saying 307 00:16:03,120 --> 00:16:05,320 similar sort of stuff is we are going to start replicating 308 00:16:05,320 --> 00:16:08,240 traditional finance. Oh my God this is insane. 309 00:16:08,240 --> 00:16:12,000 Like why am I in crypto? Well, yeah, I mean, you should 310 00:16:12,000 --> 00:16:14,680 definitely consider. If if in crypto, pivot to the 311 00:16:14,680 --> 00:16:17,280 SNP. It's interesting this has only 312 00:16:17,280 --> 00:16:20,040 really happened to U.S. stocks. If you bring up a lot of other 313 00:16:20,040 --> 00:16:23,040 like bring up the FTS. The FTSE has just put in all 314 00:16:23,040 --> 00:16:25,440 time high the other day but like. 315 00:16:26,240 --> 00:16:28,880 For what? FTSEFTSE. 316 00:16:29,480 --> 00:16:31,320 What's that? I've heard about it but oh it's 317 00:16:31,320 --> 00:16:35,200 the UK one. Is this a yearly? 318 00:16:35,840 --> 00:16:38,960 Yeah, I'm going to move to. I'll move to, to six months 319 00:16:38,960 --> 00:16:40,200 here. No. 320 00:16:40,200 --> 00:16:41,280 Well, it's actually a lot longer. 321 00:16:41,280 --> 00:16:43,400 I mean, FTSE's been going on for like decades too. 322 00:16:43,480 --> 00:16:49,440 Yeah, European and UK stocks, they, they, they charts do not 323 00:16:49,440 --> 00:16:52,120 look like this. It's only the US stock market 324 00:16:52,280 --> 00:16:55,360 which looks like that. What's the Europe one say like 325 00:16:55,680 --> 00:16:58,800 in France? Euro stocks, I would say, I 326 00:16:58,800 --> 00:17:01,680 mean, right now a lot of these are hitting all time high 327 00:17:02,000 --> 00:17:05,119 because the euro is getting absolutely destroyed. 328 00:17:06,680 --> 00:17:08,839 In fact, we're close to parity again euro dollar. 329 00:17:11,760 --> 00:17:14,480 Yeah, it's true. So there's a currency impact to 330 00:17:14,480 --> 00:17:18,200 a lot of these. Oh wow, actually the USD is is 331 00:17:18,280 --> 00:17:21,720 is is stronger now? Very close. 332 00:17:21,839 --> 00:17:23,119 We're very. Close soccer now. 333 00:17:25,119 --> 00:17:30,280 Back to that, I guess what I'm trying to say is I think we're I 334 00:17:30,280 --> 00:17:35,240 think that that whole thing of the boom bust cycle, I'm I am a 335 00:17:35,240 --> 00:17:40,320 genuine believer that crypto is not now set up for the four year 336 00:17:40,320 --> 00:17:42,800 cycle. Other people maybe, but like 337 00:17:44,080 --> 00:17:46,920 that, that doesn't look like the S&P and I think it's far more 338 00:17:46,920 --> 00:17:47,760 likely to be. Linked to. 339 00:17:48,840 --> 00:17:52,120 Tech stocks now than anything. Else, yeah, I think people. 340 00:17:53,840 --> 00:17:57,600 They hate it because they're tired of having to show up every 341 00:17:57,600 --> 00:18:00,160 day like they want their recovery periods. 342 00:18:00,160 --> 00:18:02,320 I guess I'm I'm that's my interpretation. 343 00:18:02,320 --> 00:18:06,800 I can't understand why so so many people are just. 344 00:18:06,800 --> 00:18:12,120 Finding out about U.S. stocks. Yeah, that's a wild chart. 345 00:18:12,200 --> 00:18:14,360 What am I doing man? This, I really feel like that's 346 00:18:14,400 --> 00:18:17,440 like if, if you, if you think Bitcoin go to 100K to a million, 347 00:18:17,720 --> 00:18:20,320 like what's the path like it's this, this is what it looks 348 00:18:20,320 --> 00:18:23,960 like. I may just go buy like FS PX500 349 00:18:23,960 --> 00:18:25,920 now like Murat's coin, I don't know. 350 00:18:25,920 --> 00:18:28,560 Like if you overlay the Bitcoin turnover this you'll you'll go. 351 00:18:28,680 --> 00:18:31,440 Yeah, I mean you'll get you'll, you'll get a better do compare 352 00:18:31,560 --> 00:18:36,520 Bitcoin this part. This is art No I'm kidding I saw 353 00:18:37,240 --> 00:18:41,040 the funny joke made by 9 O 59 yesterday comparing S&P to ETH 354 00:18:41,040 --> 00:18:43,040 and even ETH outperformed it over time. 355 00:18:43,040 --> 00:18:47,200 So so obviously I can I'm kidding, but that is a beautiful 356 00:18:47,200 --> 00:18:48,320 looking. I'm I'm not gonna lie, this is 357 00:18:48,320 --> 00:18:51,640 beautiful looking chart Speaking of this, how's the other how's 358 00:18:51,640 --> 00:18:53,920 the actual SPX doing that the crypto one? 359 00:18:53,920 --> 00:18:55,680 I'm curious because they just got a revolute. 360 00:18:56,200 --> 00:18:59,680 They just got a list on revolute this morning, 55,000,000 users. 361 00:18:59,880 --> 00:19:01,160 It's. Doing all better than MOG, I can 362 00:19:01,160 --> 00:19:09,120 tell you that, no? Shots fired in the studio right 363 00:19:09,120 --> 00:19:14,240 there. Oh my God, that was a good one, 364 00:19:15,000 --> 00:19:17,400 but it hurts. I love the rolling battles 365 00:19:17,400 --> 00:19:20,640 between SPX and MOG. Wait a year from now what's 366 00:19:20,640 --> 00:19:23,000 higher? They flipped a lot of times. 367 00:19:23,280 --> 00:19:26,080 The new conversation is SPX versus MLG because all the 368 00:19:26,080 --> 00:19:28,680 moggers just cut ship for MLG, right? 369 00:19:29,600 --> 00:19:32,160 OK, this conversation, this conversation stops right now. 370 00:19:32,800 --> 00:19:35,200 This, this is where the conversation ends. 371 00:19:35,600 --> 00:19:38,960 I will not accept any MOG slander on this show. 372 00:19:41,640 --> 00:19:44,720 No, all the MLGS. That's my family, but we should 373 00:19:44,720 --> 00:19:47,040 talk about the MLGS and what happened yesterday so anyways, 374 00:19:47,040 --> 00:19:50,520 let's get to Taos up 1000 If we go to the macro stuff, just a 375 00:19:50,520 --> 00:19:53,440 reminder raffle ball dot XYZ raffle ball dot XYZ. 376 00:19:53,440 --> 00:19:55,200 If you want to run a crypto punk this morning they're. 377 00:19:55,240 --> 00:19:57,320 Expensive. Everything I would add is again 378 00:19:57,320 --> 00:20:00,320 the revenue protocols, the what should we call that? 379 00:20:00,320 --> 00:20:03,480 If we called, if we called that FARC, this is called the let's. 380 00:20:03,480 --> 00:20:05,440 Invent the. Term you guys what during. 381 00:20:05,520 --> 00:20:10,160 The Ray Hype LP. The rate, so what's what's part 382 00:20:10,160 --> 00:20:11,360 of this revenue generating protocol? 383 00:20:11,360 --> 00:20:13,080 It's Ray. Hype. 384 00:20:13,520 --> 00:20:16,520 Hype. JLP and and Jupiter to a certain 385 00:20:16,520 --> 00:20:19,240 extent, but. But is Jupiter part of JLP? 386 00:20:20,800 --> 00:20:23,000 No, you one of your biggest holdings. 387 00:20:23,960 --> 00:20:26,440 I, I don't, I, I, I'm not telling, I'm not joking. 388 00:20:26,440 --> 00:20:28,040 I don't know what I put my money in. 389 00:20:28,560 --> 00:20:29,720 I just bought it because you told. 390 00:20:29,720 --> 00:20:31,400 Me to buy it. I gave you the description. 391 00:20:31,640 --> 00:20:34,240 I know you did you explain it to me, but to this date. 392 00:20:35,040 --> 00:20:37,800 No, no, I'm not accepting it. I'm not accepting it because 393 00:20:37,800 --> 00:20:40,000 you're a smart boy. I'm not accepting that you don't 394 00:20:40,000 --> 00:20:40,800 understand What? No. 395 00:20:40,840 --> 00:20:42,360 I understand. Let me explain to you in layman 396 00:20:42,360 --> 00:20:45,960 terms. Basically JLP is an aggregation 397 00:20:45,960 --> 00:20:50,560 of 30% of USDCUIUI stables, about 40% of Solana and the rest 398 00:20:50,560 --> 00:20:54,200 is Bitcoin in the East, right. And then basically it's a pool 399 00:20:54,440 --> 00:20:57,360 and as people are trading perfs on Jupiter because they have one 400 00:20:57,360 --> 00:20:59,760 of the highest perp trading volumes on the on the, you know, 401 00:20:59,760 --> 00:21:04,360 on chain, a portion of the fees goes back to buying back JLP. 402 00:21:04,360 --> 00:21:07,440 No, not to mine back to. Increases the size of the of the 403 00:21:07,440 --> 00:21:08,840 pool. Of the pool, and as the pool 404 00:21:08,840 --> 00:21:11,480 gets bigger, there's more money in that pool there for the price 405 00:21:11,480 --> 00:21:14,760 of JLP is pushed up. Yeah, that is you nailed it. 406 00:21:14,760 --> 00:21:19,520 That was exactly what JLP is. Jupiter is is not that Jupiter 407 00:21:19,520 --> 00:21:22,800 is a governance token of the Jupiter ecosystem. 408 00:21:23,120 --> 00:21:25,040 So then it's not a revenue generating token then? 409 00:21:25,040 --> 00:21:32,040 Well, they introduced member recently a 5050 fee split on 410 00:21:32,120 --> 00:21:36,240 their spot trading. Although the fees we don't know 411 00:21:36,400 --> 00:21:38,960 like it could it, it sounds like it's going to be in like the. 412 00:21:38,960 --> 00:21:43,560 100 RLB so it's robit chatter sponsors a revenue generating if 413 00:21:43,560 --> 00:21:45,440 they're burning all the time really asking. 414 00:21:45,920 --> 00:21:49,760 So what I would say is RLB and Jupiter are actually very 415 00:21:49,760 --> 00:21:51,560 similar, right? Because it's a similar model. 416 00:21:51,800 --> 00:21:55,440 In that, in their design, yeah. OK, so jup, makes me think of 417 00:21:55,440 --> 00:21:58,880 RLB. Yeah, in their design, but. 418 00:21:59,320 --> 00:22:01,480 Similar hype. Hype is actually the same. 419 00:22:01,480 --> 00:22:05,600 It's a buyback model. JLP is a is a different sort of 420 00:22:05,920 --> 00:22:07,560 what. Do you think other? 421 00:22:07,920 --> 00:22:10,680 Jupiter is also rolling out the suite of products like they've 422 00:22:10,680 --> 00:22:12,000 got their mobile. That too. 423 00:22:12,360 --> 00:22:15,400 Ape so they can always like start to they've got a lot of 424 00:22:15,400 --> 00:22:17,120 levers. Whereas Robit stays the casino, 425 00:22:17,160 --> 00:22:18,520 right? It remains just the casino. 426 00:22:18,880 --> 00:22:20,400 They can. They can create new products, 427 00:22:20,400 --> 00:22:23,560 they've already got a user base to cater to, and then they can 428 00:22:24,280 --> 00:22:27,720 turn on buybacks from those as. Well, So what did you say Darren 429 00:22:27,720 --> 00:22:29,720 is calling this aggregation of tokens? 430 00:22:30,280 --> 00:22:32,400 Just like next Gen. D5, no? 431 00:22:32,720 --> 00:22:33,920 We're not calling next Gen. D5. 432 00:22:34,320 --> 00:22:37,680 We said that Darren, his quant Oh. 433 00:22:37,920 --> 00:22:40,160 Yeah, I guess. I guess it is next Gen. 434 00:22:40,160 --> 00:22:42,600 D5 but I'm saying we need a better term you. 435 00:22:42,920 --> 00:22:44,080 Know what I mean? That's just next Gen. 436 00:22:44,080 --> 00:22:47,280 Tokens like, I guess they are all defy, yeah. 437 00:22:47,520 --> 00:22:50,400 Do you remember last cycle there was like solo Nevax and that was 438 00:22:50,400 --> 00:22:52,200 like a Bangor term? That pumped everything. 439 00:22:52,200 --> 00:22:55,520 Come up with our own version of it between Ray Hype and JLP. 440 00:22:55,680 --> 00:22:57,920 Ray hype JLP, let's take the letters. 441 00:22:57,920 --> 00:22:59,960 So chat participate in this with us. 442 00:23:00,000 --> 00:23:06,040 Ray JLP J hype J help J help. OK, so you're getting this. 443 00:23:06,040 --> 00:23:09,560 This should start with rail JJ hype. 444 00:23:10,480 --> 00:23:12,360 The J hype are outperforming today. 445 00:23:12,360 --> 00:23:13,480 J hype. J hype. 446 00:23:13,560 --> 00:23:15,560 J hype. Like Jay. 447 00:23:15,640 --> 00:23:17,320 Wait, he's gone. He rugged himself. 448 00:23:17,800 --> 00:23:18,720 Wow. He dropped his mic. 449 00:23:18,920 --> 00:23:21,000 He he dropped the mic. He left Tyler. 450 00:23:21,000 --> 00:23:22,040 What do you think? J hype. 451 00:23:22,120 --> 00:23:24,680 J JYPE ma'am. Jay Hype. 452 00:23:25,200 --> 00:23:26,680 I can't. None of these sound good. 453 00:23:27,000 --> 00:23:29,240 No, they sound terrible, all of them. 454 00:23:29,840 --> 00:23:34,480 JRL. What is this guy doing yo? 455 00:23:35,360 --> 00:23:37,280 I think you're going to have to get the 1st 2 letters. 456 00:23:37,280 --> 00:23:39,880 We we need more vowels. So, JJ. 457 00:23:40,240 --> 00:23:42,600 Hype's the best you can find, I'm certain of it. 458 00:23:43,240 --> 00:23:44,920 Ray. So it's RAY. 459 00:23:44,920 --> 00:23:46,520 Ray J. Ray J. 460 00:23:47,840 --> 00:23:51,920 Ray J is Ray J? Is that something Chad DPP can 461 00:23:51,920 --> 00:23:53,160 do for us? Hold on. 462 00:23:53,160 --> 00:23:55,520 Let's I. Actually prefer that Ray J hype 463 00:23:55,520 --> 00:23:57,080 is what we're going. To Ray, J is hilarious. 464 00:23:57,080 --> 00:24:05,080 Let's see, can you combine these three acronyms into one word 465 00:24:05,360 --> 00:24:08,960 that is brandable? Please. 466 00:24:09,680 --> 00:24:12,280 I'm not saying please this Chinese AI. 467 00:24:14,640 --> 00:24:15,640 Ray, Ray. Jack. 468 00:24:15,920 --> 00:24:18,680 OK, OK, see I love that. Could symbolize ray. 469 00:24:18,680 --> 00:24:23,080 Could symbolize light, vision or something illuminating JLP. 470 00:24:23,160 --> 00:24:25,360 This one is a bit more ambiguous, but it could be 471 00:24:25,360 --> 00:24:28,160 initials of a geographical reference or a unique term. 472 00:24:28,240 --> 00:24:31,160 Hype represents excitement, buzz, and enthusiasm. 473 00:24:31,280 --> 00:24:36,200 But they are rape. Oh God, they really say that? 474 00:24:36,760 --> 00:24:39,880 No, right? Combining elements of all three, 475 00:24:39,880 --> 00:24:41,720 you could come up with something like Rageype. 476 00:24:42,080 --> 00:24:44,800 J Ripe. Hype Ray Jipe. 477 00:24:44,800 --> 00:24:46,960 So see, that's J hype, a bit like J hype. 478 00:24:47,680 --> 00:24:51,000 J Hype All three I think. J Hype sounds like K pop, you 479 00:24:51,000 --> 00:24:56,840 know. Ray J Ray JPE I think is or Ray 480 00:24:56,840 --> 00:24:59,280 JPE. Yeah, I think we're not going to 481 00:25:00,120 --> 00:25:05,960 who abstract coded, but more unique. 482 00:25:07,280 --> 00:25:09,560 Let's see. We'll, we'll, we'll deal with 483 00:25:09,560 --> 00:25:12,080 this, but yes, hype is up. Oh my God, it did. 484 00:25:12,120 --> 00:25:15,840 It did propose. We're not going. 485 00:25:16,000 --> 00:25:21,280 To call it Raplify. Raplify. 486 00:25:21,280 --> 00:25:22,440 What is this dude? What? 487 00:25:24,600 --> 00:25:27,560 Ralph Rezo hypev. OK, before we get cancelled, I'm 488 00:25:27,560 --> 00:25:36,320 just going to stop this segment. Tyler Tyler Tyler analysis Tyler 489 00:25:36,320 --> 00:25:42,920 T on FOMO our cause the kid. Can folks? 490 00:25:42,920 --> 00:25:46,320 Crypto majors rallied on tariff pauses from Canada and Mexico 491 00:25:46,320 --> 00:25:49,440 yesterday, but then dipped overnight as China retaliated 492 00:25:49,440 --> 00:25:54,360 with tariffs of its own. But no worries, it was a major 493 00:25:54,360 --> 00:25:57,040 day of macro headlines. So we had Trump announce a new 494 00:25:57,040 --> 00:26:00,400 executive order for a sovereign wealth fund in the United 495 00:26:00,400 --> 00:26:03,680 States, first of its kind. The SEC has instructed their 496 00:26:03,680 --> 00:26:06,480 staff to no longer launch probes without about leadership 497 00:26:06,480 --> 00:26:09,720 support. We've got Eric Trump telling 498 00:26:09,720 --> 00:26:12,600 everyone to go out and buy ETH on the same day the sovereign 499 00:26:12,600 --> 00:26:15,960 wealth fund was announced. David Sacks is set up to speak 500 00:26:15,960 --> 00:26:20,040 later today, 2:30 PM on America Leading the way in digital 501 00:26:20,040 --> 00:26:21,680 assets. And then just in before the 502 00:26:21,680 --> 00:26:26,880 show, a new stablecoin bill is being introduced in U.S. 503 00:26:26,880 --> 00:26:28,600 Congress today and expected to pass. 504 00:26:28,960 --> 00:26:32,680 I'm sure we'll dig into that here in a minute in token 505 00:26:32,680 --> 00:26:36,320 protocol and AirDrop news. Let's see, oh, Bear Chain, 506 00:26:36,600 --> 00:26:38,600 another piece of breaking news this morning that they're set to 507 00:26:38,600 --> 00:26:41,960 launch February 6th. Tokenomics and an allocation 508 00:26:41,960 --> 00:26:47,200 checker to come tomorrow. So expect a lot of eyes on that 509 00:26:47,480 --> 00:26:50,920 in the AI streets. Total market cap up about 14%, 510 00:26:51,000 --> 00:26:53,200 though down from last night's highs. 511 00:26:53,200 --> 00:26:57,400 Most leaders up about 8 to 15% or so when I ran the numbers 512 00:26:57,440 --> 00:27:00,640 this morning. AIXPT reclaiming top mindshare 513 00:27:00,640 --> 00:27:03,800 spot amidst the spree of high profile hallucinations, 514 00:27:04,160 --> 00:27:06,080 including me picking a fight with it. 515 00:27:06,240 --> 00:27:07,960 You fought with the bot for an hour yesterday. 516 00:27:07,960 --> 00:27:11,840 We're going to talk about that. We fought the good fight robot 517 00:27:11,840 --> 00:27:13,840 yesterday. You really have turned against 518 00:27:13,840 --> 00:27:16,600 this bot I've noticed recently. He was literally like. 519 00:27:17,040 --> 00:27:20,680 Like a guy and then now you sold your position and you are just. 520 00:27:21,320 --> 00:27:23,480 Have you really sold if you're not spotting your bags? 521 00:27:25,040 --> 00:27:28,880 No, no chance, no chance. He he still owns AIXPTI like 522 00:27:30,160 --> 00:27:33,040 tomorrow he might just short this thing like he he is not 523 00:27:33,040 --> 00:27:34,680 happy with that he. May already be short right now. 524 00:27:35,400 --> 00:27:41,000 I'll get into my rationale. In more positive news, we've got 525 00:27:41,080 --> 00:27:45,000 AI 16 ZS Eliza OS they flip Solana lives on GitHub and stars 526 00:27:45,000 --> 00:27:48,400 and contributors now over 500 contributors virtuals supporting 527 00:27:48,400 --> 00:27:52,640 the base AI agent Hackathon. Sui has their AI agent half a 528 00:27:52,640 --> 00:27:55,080 thought kicked off that's running through February 10th, 529 00:27:55,080 --> 00:27:59,600 $100,000 in prizes and then sky tied to the swarm labs team. 530 00:27:59,600 --> 00:28:02,200 They were accepting into Nvidia's consumption program for 531 00:28:02,200 --> 00:28:07,080 start-ups. So a solid piece of piece of 532 00:28:07,080 --> 00:28:10,400 news there on NVIDIA and one of our AI leaders and memes. 533 00:28:10,400 --> 00:28:13,720 NFTS meme leaders were green on the day of about 5 to 6% mostly 534 00:28:13,720 --> 00:28:16,840 fart coin LED all on chains slaughter blind over $200 535 00:28:16,840 --> 00:28:21,400 million yesterday and then this pain pre sale the pain 536 00:28:21,400 --> 00:28:23,640 escalation last night $40 million the. 537 00:28:24,080 --> 00:28:27,640 Pain escalation. Token has not debuted just yet, 538 00:28:28,000 --> 00:28:30,920 so that's the rundown. Looks like the breaking news is 539 00:28:30,920 --> 00:28:32,400 she is going to meet Trump this week. 540 00:28:32,600 --> 00:28:34,360 The tariff tour. OK. 541 00:28:34,640 --> 00:28:37,920 Oh wow, is that breaking teams are just coming. 542 00:28:39,000 --> 00:28:40,960 This is bullish. I think I, I genuinely think 543 00:28:40,960 --> 00:28:44,200 like these two, like honestly, like I feel like Trump and your 544 00:28:44,200 --> 00:28:48,800 friends Loki and. Fax to start credit repayments 545 00:28:48,800 --> 00:28:51,040 February 18th. Yo. 546 00:28:53,720 --> 00:28:55,720 That's big. In line with. 547 00:28:55,800 --> 00:28:58,800 All in in line. With in line with my end of 548 00:28:58,800 --> 00:29:03,600 February call the same. More and more, I don't think. 549 00:29:06,040 --> 00:29:08,720 We're in line, don't sit and tell you. 550 00:29:08,720 --> 00:29:12,800 So what happens all time highs in the end of February anyways? 551 00:29:14,320 --> 00:29:16,960 Anyways, everyone needs to get a little more bullish. 552 00:29:16,960 --> 00:29:20,720 I think you guys are not bullish enough either of you either you 553 00:29:20,720 --> 00:29:22,920 guys like I have permable in my Twitter name now. 554 00:29:23,160 --> 00:29:26,520 I changed my name yesterday. It's for rogue and I, I, I know 555 00:29:26,760 --> 00:29:29,000 USA now has an executive order for two genders. 556 00:29:29,200 --> 00:29:33,000 But my I my my thing is permable. 557 00:29:33,200 --> 00:29:34,840 That's what I want to be associated as. 558 00:29:35,120 --> 00:29:37,240 You might take away your press pass if you if you yeah, new 559 00:29:38,440 --> 00:29:39,840 role. So be careful with that. 560 00:29:40,440 --> 00:29:45,360 Hey yo, so. My the personal trainer I see 561 00:29:45,600 --> 00:29:49,040 most, most mornings found out today that I'm well, actually a 562 00:29:49,040 --> 00:29:51,160 couple weeks ago that I'm like AZ list celebrity and I have 563 00:29:51,160 --> 00:29:52,840 followers and and and and Twitter. 564 00:29:52,840 --> 00:29:54,520 So he's now been listening to this show. 565 00:29:54,560 --> 00:29:56,280 Every time to time to change trainers. 566 00:29:56,600 --> 00:29:58,200 Shut up, Nelson. Nelson. 567 00:29:58,840 --> 00:30:01,640 He's a big fan of yours for he's like, who's the guy with the 568 00:30:01,640 --> 00:30:03,200 hair? Like, thank you. 569 00:30:03,480 --> 00:30:05,440 Obrigado. Obrigado. 570 00:30:05,840 --> 00:30:07,040 Obrigado. Nelson, You're going to be 571 00:30:07,040 --> 00:30:08,200 training me soon. I'm coming. 572 00:30:08,480 --> 00:30:10,360 I'm coming. Nelson, let's go. 573 00:30:12,000 --> 00:30:13,680 Let's go. Nelson, I I can probably bench 574 00:30:13,680 --> 00:30:15,080 more than Mando. Don't worry, I got you. 575 00:30:16,400 --> 00:30:18,040 No chance. There's actually zero chance. 576 00:30:18,960 --> 00:30:21,520 So tell me. I'm not bullish enough. 577 00:30:21,680 --> 00:30:24,760 I I spent I took 20 minutes on my morning today to explain to 578 00:30:24,760 --> 00:30:26,320 everyone what a sovereign wealth fund. 579 00:30:26,920 --> 00:30:31,760 So let's start with that because that is by far the biggest news 580 00:30:31,760 --> 00:30:35,760 yesterday is the sovereign wealth fund for the USA. 581 00:30:35,960 --> 00:30:38,640 I've been wondering why the USA haven't had one. 582 00:30:38,680 --> 00:30:41,280 But Tyler, why don't you break down the news here and then 583 00:30:41,280 --> 00:30:42,760 let's get into that combo because that's massive. 584 00:30:43,280 --> 00:30:45,040 Yeah, so the the big story here folks. 585 00:30:45,040 --> 00:30:48,040 Yesterday President Trump signed an executive order to establish 586 00:30:48,080 --> 00:30:51,200 an American sovereign wealth fund in the next 12 months. 587 00:30:51,320 --> 00:30:54,120 He's also asked for a plan to be delivered within the next 90 588 00:30:54,120 --> 00:30:57,200 days for how to stand that up. So for starters, what is a 589 00:30:57,200 --> 00:30:59,680 sovereign wealth fund? It is a state owned investment 590 00:30:59,680 --> 00:31:02,360 fund that manages a country's excess financial reserves 591 00:31:02,680 --> 00:31:04,560 typically generated from exports. 592 00:31:04,560 --> 00:31:06,880 They can also generate capital from from borrowing. 593 00:31:07,200 --> 00:31:10,640 The goal is to generate long term returns for the country, 594 00:31:10,720 --> 00:31:13,040 stabilize the economy and accumulate wealth. 595 00:31:13,480 --> 00:31:16,800 Typically they invest in stocks, bonds, real estate, commodities, 596 00:31:16,840 --> 00:31:18,920 and more. We've got some examples across 597 00:31:18,920 --> 00:31:22,640 the globe, Norway and China notably, both operate sovereign 598 00:31:22,640 --> 00:31:24,760 wealth funds with over trillion dollars. 599 00:31:25,880 --> 00:31:29,840 And normally if you miss this, they've invested in Bitcoin via 600 00:31:29,840 --> 00:31:35,760 micro strategy. There is precedent for holding 601 00:31:35,760 --> 00:31:38,560 Bitcoin. There's none of the oddest 602 00:31:38,560 --> 00:31:42,960 things I think Trump has done. It does kind of shock me that 603 00:31:43,240 --> 00:31:47,720 both the UK and the US have never really had big. 604 00:31:47,720 --> 00:31:49,160 Sovereigns. Is there a reason for that? 605 00:31:49,160 --> 00:31:50,160 Why is that? I don't know. 606 00:31:50,160 --> 00:31:56,600 I generally don't know. The UK needs one part of this is 607 00:31:56,600 --> 00:31:58,520 is actually tied to the pension system. 608 00:31:59,440 --> 00:32:05,520 So a lot of the sovereign wealth funds are built out to basically 609 00:32:05,520 --> 00:32:09,760 help with the with the manage the pensions and the returns of 610 00:32:09,760 --> 00:32:11,680 those pensions strictly on the public side. 611 00:32:12,760 --> 00:32:17,600 But to be honest, like the two biggest centers of financial 612 00:32:17,880 --> 00:32:21,760 trading and wealth are the UK and the US, and neither of them 613 00:32:21,840 --> 00:32:23,960 have had soccer wealth funds. It's very popular in the 614 00:32:23,960 --> 00:32:26,480 Nordics. So like Finland has a big one, 615 00:32:26,480 --> 00:32:29,200 Norway has a big one, Sweden, Sweden as well. 616 00:32:31,040 --> 00:32:34,920 And it's like these are institutions which people like 617 00:32:34,920 --> 00:32:38,000 die to work for. So like Singapore, the Singapore 618 00:32:38,000 --> 00:32:41,200 one, for example, GIC is known as being one of the smartest 619 00:32:41,200 --> 00:32:43,880 funds in the world. Yeah, I met the head of that in 620 00:32:43,880 --> 00:32:46,840 Hong Kong. Singapore will will vie to like 621 00:32:47,000 --> 00:32:48,800 read like this. That's like working for Goldman 622 00:32:48,800 --> 00:32:53,160 Sachs, you know what I mean? It's kind of a same for Nordisk. 623 00:32:53,160 --> 00:32:55,520 So like, the idea that the US would do this kind of makes a 624 00:32:55,520 --> 00:32:57,040 lot of sense, I think. I mean, they invented 625 00:32:57,040 --> 00:32:58,640 capitalism. I figured they'd have something 626 00:32:58,640 --> 00:33:01,640 like this before. Look at a ton of people apply 627 00:33:01,680 --> 00:33:04,240 and like you'll get really smart people who want to work because 628 00:33:04,240 --> 00:33:07,960 you get these, you get a lot of people here and and I, I 629 00:33:07,960 --> 00:33:09,960 criticize this a lot in the UK too. 630 00:33:09,960 --> 00:33:13,480 It's like if you want to be a civil servant or you want to 631 00:33:13,480 --> 00:33:17,360 work for the benefit of your state in the UK or the US, you 632 00:33:17,360 --> 00:33:21,640 largely have to go into some form of bureaucracy or deep 633 00:33:21,640 --> 00:33:23,520 state criticisms, all this sort of stuff. 634 00:33:23,520 --> 00:33:25,440 But if you're working for one of these entities, like you 635 00:33:25,440 --> 00:33:28,160 actually, you actually attract a little business minded people 636 00:33:28,360 --> 00:33:30,400 that just want to give back a little bit. 637 00:33:32,040 --> 00:33:34,520 And, and that's, that's generally what a lot of a lot of 638 00:33:34,520 --> 00:33:38,640 these other state wealth funds are, are managed like, maybe not 639 00:33:38,640 --> 00:33:40,320 like the gulf ones. The gulf ones are a bit more 640 00:33:40,320 --> 00:33:42,960 like just arms of the, of the royal families out there. 641 00:33:42,960 --> 00:33:45,880 But the, some of them are really, really great 642 00:33:45,880 --> 00:33:50,960 institutions and, and like they are big sources of national 643 00:33:50,960 --> 00:33:55,040 pride as well. So I think the US should 100% 644 00:33:55,040 --> 00:33:57,400 have one of these. And, and if they want to get 645 00:33:57,400 --> 00:34:00,000 involved in crypto, great. But if they're going to, they 646 00:34:00,000 --> 00:34:04,120 could get involved in AI, think he'd get involved in like a huge 647 00:34:04,120 --> 00:34:06,720 broad base of things. Weirdly, like the biggest ones 648 00:34:06,720 --> 00:34:09,760 of this in the US are like private endowments and they're 649 00:34:09,760 --> 00:34:14,639 often tied to like universities, sometimes to like state level 650 00:34:14,639 --> 00:34:17,840 pension funds. But they just don't have the 651 00:34:17,840 --> 00:34:21,800 same level of like esteem, I would say. 652 00:34:23,440 --> 00:34:25,920 And I I I do think that they could do something really cool 653 00:34:25,920 --> 00:34:27,840 here. I think that's one of the 654 00:34:27,840 --> 00:34:30,199 biggest shifts we've seen in the first month of the Trump 655 00:34:30,199 --> 00:34:34,600 presidency is just smart, business minded people starting 656 00:34:34,600 --> 00:34:37,000 to work on the government. I mean Elon and Doge just kicked 657 00:34:37,000 --> 00:34:38,560 that off. Yeah, bro. 658 00:34:38,840 --> 00:34:41,120 There was an article, I forget who wrote it, they're like kind 659 00:34:41,120 --> 00:34:44,480 of mocking these young kids who work for doge right now. 660 00:34:44,480 --> 00:34:46,520 But these are like child prodigies, like they, they are 661 00:34:46,520 --> 00:34:47,639 like literally genius. I. 662 00:34:47,760 --> 00:34:49,040 Didn't see that. What is Doge? 663 00:34:49,480 --> 00:34:52,800 20 hours a week to try to fix the problems in our government, 664 00:34:52,800 --> 00:34:54,080 like that's exactly what we want. 665 00:34:55,000 --> 00:34:56,560 Exactly. This is exactly what the point 666 00:34:56,560 --> 00:34:57,760 is. It's like if you want to be a 667 00:34:57,760 --> 00:35:01,160 civil, like you can be from a top university, kind of go be a 668 00:35:01,160 --> 00:35:02,680 civil servant. But generally it's seen as like 669 00:35:02,680 --> 00:35:04,040 a bit. Of so apparently one of the kids 670 00:35:04,040 --> 00:35:05,640 is from Montreal. This is what they reached out to 671 00:35:05,640 --> 00:35:08,560 me like they who is where do I see the team from Dodge? 672 00:35:08,560 --> 00:35:11,680 I don't. Have to box them, they dox them 673 00:35:11,680 --> 00:35:15,000 on Twitter and then people dox them then got their their 674 00:35:15,000 --> 00:35:17,520 accounts banned so I don't. Know OK, because apparently one 675 00:35:17,520 --> 00:35:19,440 of the kids went to McGill University. 676 00:35:22,720 --> 00:35:25,840 It's interesting. Apparently the kid went to Cole 677 00:35:25,840 --> 00:35:28,280 Killian. Part of the is from McGill 678 00:35:28,280 --> 00:35:29,080 University. It's not bad. 679 00:35:29,440 --> 00:35:30,880 Nice. Make Montreal great again. 680 00:35:32,080 --> 00:35:36,040 Let's go anyways with that, Tyler, once you get more into 681 00:35:36,040 --> 00:35:38,440 details of like who's running it and like Lutnick and stuff, 682 00:35:38,440 --> 00:35:39,480 because I thought that was pretty big. 683 00:35:39,680 --> 00:35:42,480 I think the crypto tie in is Howard Lutnick is going to run 684 00:35:42,480 --> 00:35:45,400 this along with Scott Bissett and Lutnick, if you're not 685 00:35:45,400 --> 00:35:48,040 familiar, he's the CEO of Cantor Fitzgerald. 686 00:35:48,080 --> 00:35:52,480 He is long hundreds of millions of dollars of Bitcoin and is 687 00:35:52,480 --> 00:35:56,160 also spinning up and Bitcoin back to lending business. 688 00:35:57,640 --> 00:35:59,040 So that's a pretty major connection. 689 00:35:59,040 --> 00:36:01,480 And then we also had our our new political Kols. 690 00:36:01,480 --> 00:36:04,160 So Loomis was retweeting the investment, saying it was a big. 691 00:36:04,160 --> 00:36:07,000 She's the best. And then Eric Trump just a few 692 00:36:07,000 --> 00:36:08,760 hours later telling everyone to buy ETH. 693 00:36:08,800 --> 00:36:11,200 And, and of course, those could be like the Eric Trump thing, 694 00:36:11,200 --> 00:36:12,960 could be different. That was wild. 695 00:36:13,200 --> 00:36:15,040 That was the most wild thing I think I've seen. 696 00:36:16,320 --> 00:36:19,720 The guy buys hundreds of millions of dollars a fee and 697 00:36:19,720 --> 00:36:23,400 then tweets out in my but it's a great time to Addie and then he 698 00:36:23,400 --> 00:36:27,400 thank Oh, this is different. No, he edited 2 times man though 699 00:36:27,840 --> 00:36:30,640 how do you see that you can't? Anymore I had a good reply to 700 00:36:30,640 --> 00:36:31,920 that. Is that why that didn't get a? 701 00:36:32,640 --> 00:36:34,320 Yeah. So basically it was edited 702 00:36:34,320 --> 00:36:36,400 twice. It said thank me later. 703 00:36:36,760 --> 00:36:41,400 Yeah. And then, yeah. 704 00:36:41,920 --> 00:36:43,960 So anyways, so there's that, I mean. 705 00:36:44,240 --> 00:36:47,720 One of us, yeah. There's gonna be crypto in this 706 00:36:47,720 --> 00:36:49,480 thing. I think it's just a matter of is 707 00:36:49,480 --> 00:36:51,920 it just Bitcoin? Is it Bitcoin plus ETH? 708 00:36:51,920 --> 00:36:53,920 Is it Bitcoin plus ETH plus more? 709 00:36:55,640 --> 00:36:58,240 Yeah, I mean you what made in the USA coins probably right 710 00:36:58,240 --> 00:37:01,640 like they've been they've been talking about she said big 711 00:37:01,640 --> 00:37:05,360 things coming. Do we believe that this is 1st 712 00:37:05,360 --> 00:37:11,040 and easy step towards a Federal Reserve Bitcoin that's BRBS or 713 00:37:11,040 --> 00:37:14,440 whatever, given that with the sovereign wealth fund there's 714 00:37:14,440 --> 00:37:18,120 obviously much less legislation and bureaucracy to go through? 715 00:37:18,760 --> 00:37:23,200 I I think this would this is how you buy crypto like rather than 716 00:37:23,200 --> 00:37:27,400 just this is this is a vehicle that other than we talked about 717 00:37:27,400 --> 00:37:29,680 confiscating or maybe selling the gold reserves. 718 00:37:30,360 --> 00:37:32,120 If neither of those happen, this is how you buy. 719 00:37:32,560 --> 00:37:34,240 OK. I agree with that. 720 00:37:34,240 --> 00:37:37,600 So it looks like mark your calendars within the 90 days we 721 00:37:37,600 --> 00:37:42,400 get SFSWF plan from Bessent and Lutnick and then within 170 days 722 00:37:42,400 --> 00:37:45,680 crypto plan from Sax, who is actually going to be speaking to 723 00:37:45,680 --> 00:37:48,960 that 2:30 PM Eastern. Tyler, what else you got for us? 724 00:37:48,960 --> 00:37:50,600 Feel like there was a few banger headlines in there. 725 00:37:51,800 --> 00:37:57,520 The SEC 1 is like the news there is the their analysts are 726 00:37:57,520 --> 00:38:01,960 effectively no longer able to go out and start launching probes 727 00:38:02,520 --> 00:38:05,320 against companies, crypto companies pro with without 728 00:38:05,320 --> 00:38:07,560 approval from their leadership. Whoa. 729 00:38:07,920 --> 00:38:10,760 So, I mean, you can argue there's pros and cons to this 730 00:38:10,760 --> 00:38:13,520 and and perhaps, you know, it gets a little bit over 731 00:38:13,520 --> 00:38:17,880 politicized, but it means there's likely less, you know, 732 00:38:19,680 --> 00:38:21,440 there's going to be less enforcement, there's going to be 733 00:38:21,440 --> 00:38:23,680 more tape to to get through that. 734 00:38:23,680 --> 00:38:26,040 So that was a headline. And then right before the show, 735 00:38:26,040 --> 00:38:29,680 Eleanor Tarrant broke the news that Senator Haggerty, who 736 00:38:29,680 --> 00:38:32,160 actually who spoke at the at Bitcoin Nashville, he's 737 00:38:32,480 --> 00:38:33,920 introducing his stable coin bill. 738 00:38:33,920 --> 00:38:37,080 It's called the Genius Act, guiding and establishing 739 00:38:37,080 --> 00:38:39,240 national innovation in US stable coins. 740 00:38:39,520 --> 00:38:42,840 The idea is to provide clear regulations for stable coins. 741 00:38:44,080 --> 00:38:46,120 Let's see, define stable coins with digital assets paid to the 742 00:38:46,120 --> 00:38:50,720 dollar, established licensing and reserve requirements, how to 743 00:38:50,720 --> 00:38:54,240 apply Fed rules and more. So it's just, you know, more 744 00:38:54,240 --> 00:38:57,080 progress in crypto going mainstream here. 745 00:38:57,200 --> 00:39:01,000 And really, so far, knock on wood, we're a few weeks in. 746 00:39:01,000 --> 00:39:03,120 Seems like they're doing everything the right way. 747 00:39:05,040 --> 00:39:11,360 I mean, so far so good in my opinion in terms of in terms of, 748 00:39:11,640 --> 00:39:15,960 I don't know, so far in terms of promises made at least towards 749 00:39:15,960 --> 00:39:21,400 the crypto folks, right? Crypto they are delivering. 750 00:39:21,760 --> 00:39:23,960 Over delivering, I would say, even because they're delivering 751 00:39:23,960 --> 00:39:27,080 fast. It's it's incredible. 752 00:39:28,200 --> 00:39:29,960 You know, now I understand how the terrorist stuff may have 753 00:39:29,960 --> 00:39:32,000 made people feel uneasy at times, but I think it was just 754 00:39:32,000 --> 00:39:34,520 like politics and chess moves to get people to agree. 755 00:39:34,520 --> 00:39:35,800 I mean, that was also part of your headline. 756 00:39:35,800 --> 00:39:39,640 Tyler post show. It seems like why it's a by the 757 00:39:39,640 --> 00:39:40,880 way, we're not out of the water yet. 758 00:39:41,200 --> 00:39:46,440 It's 30 day pause Mexico and Canada and what's going on with 759 00:39:46,440 --> 00:39:49,400 China now is there was a tariff on the other way, but is that 760 00:39:49,400 --> 00:39:51,040 solved already? You said the speaking Mando. 761 00:39:51,040 --> 00:39:52,800 That seems to be behind us already. 762 00:39:53,880 --> 00:39:57,000 I mean, the US can do a lot more damage to China in terms of 763 00:39:57,440 --> 00:40:00,520 tariffs than the other way around. 764 00:40:01,080 --> 00:40:02,880 I don't. I mean, maybe China could 765 00:40:02,880 --> 00:40:06,160 pressure the US in other ways, but China is not having is in a 766 00:40:06,440 --> 00:40:09,520 little bit more of a precarious position I think than the USI. 767 00:40:13,160 --> 00:40:15,360 Like I've said before that that's not going away. 768 00:40:16,160 --> 00:40:18,880 Like don't expect, like I, I don't think this is where you're 769 00:40:18,880 --> 00:40:22,000 going to get some sort of rosy trade deal between the US and 770 00:40:22,000 --> 00:40:25,600 China. I think, I think, or even if 771 00:40:25,600 --> 00:40:29,760 there's one temporarily, like the, the Trump's going to 772 00:40:29,760 --> 00:40:32,680 continue to hammer China throughout this whole presidency 773 00:40:32,680 --> 00:40:35,920 and probably the BRICS too. That's my guess because he does 774 00:40:35,920 --> 00:40:41,280 need to, he does need to make revenue here if he's going to 775 00:40:41,280 --> 00:40:42,960 cut all these taxes and that sort of stuff. 776 00:40:43,480 --> 00:40:48,320 So yeah, I think, I think you'll, you'll definitely see 777 00:40:48,320 --> 00:40:50,520 tariffs there. It's going to be interesting to 778 00:40:50,520 --> 00:40:52,280 see how this like doge thing works out too. 779 00:40:52,280 --> 00:40:54,920 Like that's, that's kind of the dark horse like. 780 00:40:55,040 --> 00:40:57,880 You're just welcome. Elon is saying that he thinks he 781 00:40:57,880 --> 00:41:00,320 can get rid of $1 trillion of spending. 782 00:41:00,680 --> 00:41:01,880 Yeah. I believe it. 783 00:41:02,000 --> 00:41:09,440 I mean the guy cut. Like of the of the deficit, if 784 00:41:09,440 --> 00:41:12,440 he, if he could, that would be huge. 785 00:41:12,880 --> 00:41:17,960 That would be huge. But it does feel as though, you 786 00:41:17,960 --> 00:41:21,640 know, he's already facing a lot of roadblocks, or at least there 787 00:41:21,640 --> 00:41:26,440 is a there's a lot of fear and criticism and, and like 788 00:41:26,440 --> 00:41:29,080 whatever, there's a lot of a lot of people don't want him to do 789 00:41:29,080 --> 00:41:34,920 what he's about to do. Yeah, I mean, you know, it is 790 00:41:34,920 --> 00:41:37,720 what it is. But I found the, I found all the 791 00:41:37,720 --> 00:41:39,160 versions of that Eric Trump tweet. 792 00:41:39,440 --> 00:41:41,960 There it is. There's all three of them. 793 00:41:43,800 --> 00:41:46,480 I think there's a there's a school of thought that that 794 00:41:47,280 --> 00:41:50,920 ongoing inflation is one of the drivers of the price of Bitcoin 795 00:41:52,200 --> 00:41:54,800 and risky assets. And then if Elon cuts the 796 00:41:54,800 --> 00:42:03,160 deficit significantly, does that slow down printing capital and 797 00:42:03,160 --> 00:42:06,000 pause effectively? I think there there's a lot more 798 00:42:06,000 --> 00:42:09,360 to it than that. All right, well, we'll see where 799 00:42:09,360 --> 00:42:11,760 that takes us. We can only wait, right guys and 800 00:42:11,760 --> 00:42:14,320 see take it a day at a time, one headline at a time. 801 00:42:14,320 --> 00:42:15,480 We're back to the headline market. 802 00:42:15,480 --> 00:42:20,520 You love to to see that. So I don't know, I think a lot 803 00:42:20,520 --> 00:42:23,520 of people like, I think it's easy to say that it won't work 804 00:42:23,520 --> 00:42:27,240 out because based on like old like stats and data from like 805 00:42:27,240 --> 00:42:28,680 previous places, previous countries stuff. 806 00:42:28,680 --> 00:42:31,400 But also Elon is like one-of-a-kind, like the guys 807 00:42:31,520 --> 00:42:33,560 built a net worth of half a trillion dollars on the back of 808 00:42:33,560 --> 00:42:36,200 his businesses. So if anyone could do that, I 809 00:42:36,200 --> 00:42:37,880 believe it could be him. I mean, everybody said that 810 00:42:37,880 --> 00:42:41,120 Twitter would be done by now after he zipped 80% of its 811 00:42:41,800 --> 00:42:46,840 population of Twitter, like all the employees whether left or, 812 00:42:46,840 --> 00:42:49,920 or or were fired. And, and I think it's running 813 00:42:49,920 --> 00:42:51,360 fine. Yeah, we have bugs here and 814 00:42:51,360 --> 00:42:55,360 there, but it is the largest, most powerful, impactful, 815 00:42:55,360 --> 00:42:58,120 important social media platform on Earth is X right now. 816 00:42:59,200 --> 00:43:00,440 I think we all agree to that. Sure. 817 00:43:00,440 --> 00:43:01,920 We're streaming there. So it's pretty wild. 818 00:43:02,320 --> 00:43:04,600 They can cut that efficiently that that's there's gonna be a 819 00:43:04,600 --> 00:43:07,200 massive win for the. USI think it'll be a win, and 820 00:43:07,360 --> 00:43:08,760 it'll be a win for everywhere else. 821 00:43:09,600 --> 00:43:13,040 I saw Bernardo Orneau made a speech in France recently last 822 00:43:13,040 --> 00:43:15,680 week and he actually quoted the US and Bernardo again. 823 00:43:15,840 --> 00:43:17,760 No small feat, right? I think someone very successful 824 00:43:17,760 --> 00:43:20,400 and very smart, third largest, richest man on earth or second, 825 00:43:20,400 --> 00:43:22,520 I don't know. And he went to made a speech in 826 00:43:22,520 --> 00:43:25,520 front of French people saying he is doing his trip in the United 827 00:43:25,520 --> 00:43:27,280 States. He realized that they don't, 828 00:43:27,280 --> 00:43:29,480 they don't, they don't, they don't cut corners over there. 829 00:43:29,800 --> 00:43:31,400 They get straight to business. And then there's too much 830 00:43:31,400 --> 00:43:32,920 bureaucracy in France. And I think that's something 831 00:43:32,920 --> 00:43:35,840 that's France's biggest flaw, which is very Euro, right Mando, 832 00:43:35,840 --> 00:43:38,960 like Italy portrait, like all these countries, like there's so 833 00:43:38,960 --> 00:43:41,720 much bureaucracy in Europe. It's so old school and it's like 834 00:43:41,720 --> 00:43:43,240 we need to be doing something similar. 835 00:43:43,240 --> 00:43:44,800 And then he quoted Elon in the doge. 836 00:43:45,320 --> 00:43:47,480 And so I think there's something to be said about all these 837 00:43:47,480 --> 00:43:51,520 pretty great minds like believing that this is a good 838 00:43:51,520 --> 00:43:55,240 way of like fixing a government and and I think they have more 839 00:43:55,240 --> 00:43:57,760 experience than the average CT person. 840 00:43:57,800 --> 00:43:59,720 Anyways. Tyler, let's talk about your 841 00:43:59,720 --> 00:44:02,240 beef with an AI. On the lighter note, I want to 842 00:44:02,240 --> 00:44:06,280 talk about you and AISBT going pound for pound, yap for yap on 843 00:44:06,280 --> 00:44:08,760 the timeline. Oh, is this what this is about? 844 00:44:09,240 --> 00:44:10,320 Is this? Is this yaps? 845 00:44:10,520 --> 00:44:14,320 Is this really about? His whole personality now is 846 00:44:14,320 --> 00:44:16,160 around Yaps. I didn't even get many yaps for 847 00:44:16,160 --> 00:44:19,360 this. Yap for yap so take us through 848 00:44:19,360 --> 00:44:24,680 your yap, yap out, yap off with. So yesterday I saw DC investor 849 00:44:24,680 --> 00:44:31,960 retweeting, yeah XPT saying that effectively that World Liberty 850 00:44:31,960 --> 00:44:37,560 Finance bought 8000 ETH, which is $250 million of ETH in the 851 00:44:37,560 --> 00:44:43,600 past seven hours, which I, I knew was very, very likely 852 00:44:43,600 --> 00:44:46,040 wrong. And our, our colleague Logan was 853 00:44:46,040 --> 00:44:49,360 actually writing an Article 4 decrypt on some of the movement 854 00:44:49,360 --> 00:44:51,400 that that World Liberty Financial had done because they, 855 00:44:51,400 --> 00:44:52,400 they've been moving funds around. 856 00:44:52,400 --> 00:44:57,240 There's a lot of fun around it. If you take that on the surface, 857 00:44:57,520 --> 00:45:01,200 what it looks like is that perhaps they had inside 858 00:45:01,200 --> 00:45:03,920 information that the, the tariffs were going to be turned 859 00:45:03,920 --> 00:45:07,240 off or paused. And then they, they effectively 860 00:45:07,240 --> 00:45:09,720 used this crash to, to stockpile a bunch of ETH. 861 00:45:09,760 --> 00:45:14,080 And like, that would be a very bad look if if that was the 862 00:45:14,080 --> 00:45:18,680 reality of how this played out. And it's just, it was totally 863 00:45:18,680 --> 00:45:21,880 wrong. So basically like we found the 864 00:45:21,880 --> 00:45:24,720 tweet that AXPT was sourcing from. 865 00:45:24,720 --> 00:45:28,640 So AXPT is not reading blockchain data to degenerate 866 00:45:28,640 --> 00:45:31,080 its own content. It it's, it's all this tweet. 867 00:45:31,600 --> 00:45:34,600 It repackaged it but but the original tweet shows how they 868 00:45:34,600 --> 00:45:38,720 bought 86,008 / a two-month period and the bot hallucinated 869 00:45:38,720 --> 00:45:41,560 7 hours. Yeah. 870 00:45:41,560 --> 00:45:43,800 And so here it is. You know, like on its own and 871 00:45:44,120 --> 00:45:49,360 and it's been doing this for such a long time, the the 872 00:45:49,360 --> 00:45:50,560 problem becomes like the bigger dude. 873 00:45:52,360 --> 00:45:56,040 He literally was like check yourself before calling 874 00:45:56,040 --> 00:45:59,000 everything nonsense found up. A little bit when it when it 875 00:45:59,000 --> 00:46:02,960 said that and then I think people from their team finally 876 00:46:02,960 --> 00:46:04,760 got involved. They're like, yeah, it's we were 877 00:46:04,760 --> 00:46:10,520 wrong, but all Kols right? It's like when I was starting to 878 00:46:10,520 --> 00:46:12,600 like get a bigger following and I made blatant mistakes like 879 00:46:12,600 --> 00:46:14,080 stats. Sam would would call me out 880 00:46:14,080 --> 00:46:16,960 like, no, you're wrong. And and then I would correct 881 00:46:16,960 --> 00:46:19,080 myself or I would delete the post. 882 00:46:19,440 --> 00:46:22,280 The bigger this robot gets. Listen, Coin Telegraph wrote a 883 00:46:22,280 --> 00:46:23,600 story about this. No. 884 00:46:23,680 --> 00:46:25,760 But that coin Telegraph is absolutely terrible. 885 00:46:25,760 --> 00:46:28,680 Like this is just not. I even that's the problem like 886 00:46:29,080 --> 00:46:32,440 that that was. I use deep news right and deep 887 00:46:32,440 --> 00:46:34,720 news picked up on this. But this is insane. 888 00:46:34,720 --> 00:46:36,320 Like it's not that hard not to pick up on it. 889 00:46:36,320 --> 00:46:37,320 Did the crip write about this shit? 890 00:46:37,320 --> 00:46:39,040 No they didn't because like they have common sense. 891 00:46:39,040 --> 00:46:41,120 Like honestly just check your fucking chain. 892 00:46:41,120 --> 00:46:42,880 But. I think this is this makes a 893 00:46:42,880 --> 00:46:47,200 very good point is that the ripples of one mistake with AI 894 00:46:48,000 --> 00:46:52,320 they. Tyler's point is extremely valid 895 00:46:52,320 --> 00:46:54,000 here. Yeah, there's very few people 896 00:46:54,000 --> 00:46:56,720 make putting out original content. 897 00:46:57,480 --> 00:46:59,520 And sometimes even when the people who are creating out 898 00:46:59,520 --> 00:47:02,720 original content, if that gets repackaged by an AI news 899 00:47:02,720 --> 00:47:05,720 service, that can just go, oh, we saw that with a bunch of 900 00:47:05,720 --> 00:47:07,080 things, right? I mean, remember when Coin 901 00:47:07,080 --> 00:47:10,880 Telegraph called that there was going to be the what is it 902 00:47:10,880 --> 00:47:15,400 called Bitcoin thing ETF and then going? 903 00:47:15,520 --> 00:47:17,280 To be denied last minute or something. 904 00:47:17,280 --> 00:47:20,560 Or it was approved, It was approved in Bitcoin brand. 905 00:47:21,160 --> 00:47:24,880 So it's not the first fumble there, but it's true. 906 00:47:24,880 --> 00:47:27,760 This is the downside of AI, not the downside. 907 00:47:27,760 --> 00:47:30,880 Sorry because I don't mean to dunk on AI but like the 908 00:47:31,440 --> 00:47:34,520 difference between human and AIAI still makes a lot of 909 00:47:34,520 --> 00:47:38,280 mistakes dude. And yeah, and more people are 910 00:47:38,280 --> 00:47:41,040 are sources like DC investor is a smart guy like regardless of 911 00:47:41,040 --> 00:47:44,600 your thoughts on what on him being so bullish Ethereum, he's 912 00:47:44,600 --> 00:47:48,440 a smart guy and and he's spreading this and like and 913 00:47:48,440 --> 00:47:50,640 people just people just are are just taking it at service value 914 00:47:50,640 --> 00:47:52,240 they're. Like I was very surprised by DC 915 00:47:52,240 --> 00:47:54,960 by the way, because the state of Ethereum influencer is clearly 916 00:47:55,960 --> 00:47:58,840 to first of all, it's never trump buying Ethereum when well, 917 00:47:58,840 --> 00:48:00,800 Liberty D5 buys Ethereum. But OK, I've caved. 918 00:48:00,840 --> 00:48:02,640 I'm let's just pump for our bags. 919 00:48:02,840 --> 00:48:05,200 It's good for the industry. So I'm done correcting people. 920 00:48:05,640 --> 00:48:10,080 But like, you know, goes both ways, right? 921 00:48:10,080 --> 00:48:11,760 So I don't know That's that's great. 922 00:48:11,760 --> 00:48:14,400 That's right, you can't debug. Oh my. 923 00:48:14,640 --> 00:48:16,840 God, some level of integrity in what gets posted on. 924 00:48:17,360 --> 00:48:20,320 Because guess what? The the robots aren't generating 925 00:48:20,320 --> 00:48:22,840 their own content, They're they're just surfacing what 926 00:48:22,840 --> 00:48:28,040 other people are writing. So yeah, Zeniko's being 927 00:48:28,040 --> 00:48:29,840 sarcastic. Of course he is. 928 00:48:30,480 --> 00:48:35,160 I, I also like this AIBT agent. He was calling for another 42% 929 00:48:35,160 --> 00:48:37,480 dip on Bitcoin and now he says that we've bought them. 930 00:48:37,480 --> 00:48:40,840 So I'm very confused. I, I think this thing may be may 931 00:48:40,840 --> 00:48:44,640 be tied to KBM's account. Now I'm getting a little 932 00:48:44,640 --> 00:48:47,120 concerned. Let's look at the price action 933 00:48:47,120 --> 00:48:48,920 though. I mean, it's like every to be 934 00:48:48,920 --> 00:48:52,920 fair, this is every I coin so. And I'm not, I mean I'm not 935 00:48:53,000 --> 00:48:55,480 shorting AI XPT by any means. No, I wouldn't. 936 00:48:55,720 --> 00:48:57,240 Yeah. I I would be scared to short 937 00:48:57,240 --> 00:48:58,240 that. I think there's plenty of people 938 00:48:58,240 --> 00:49:02,640 who still want to buy it. What do you think of Eliza OSA 939 00:49:03,480 --> 00:49:07,280 AI 60 and D? We, we were talking about this 940 00:49:07,280 --> 00:49:08,680 before the show. I, I it's still one of my 941 00:49:08,680 --> 00:49:11,480 favorite plays on the board because of their builder 942 00:49:11,480 --> 00:49:15,200 network. And I think the the biggest draw 943 00:49:15,200 --> 00:49:18,040 down is largely just tied to be like, what is the token? 944 00:49:18,760 --> 00:49:20,040 Like why? Why does they need it? 945 00:49:20,040 --> 00:49:22,520 Why do they need a token? How is it tied to like this 946 00:49:22,520 --> 00:49:26,960 actual community of builders? It does seem like it hasn't like 947 00:49:27,880 --> 00:49:30,880 the, the, the, the, the open source nature of it has just 948 00:49:30,880 --> 00:49:32,560 gotten stronger and stronger and stronger, right. 949 00:49:33,040 --> 00:49:37,120 If you go through again, I still just think this is like a 950 00:49:37,480 --> 00:49:39,080 extension of the whole Melania thing. 951 00:49:41,040 --> 00:49:45,240 I do think that we even saw it with FAR coin, a bunch of DDI 952 00:49:45,240 --> 00:49:48,920 coins yesterday, like people are selling it. 953 00:49:49,440 --> 00:49:53,720 Every pump. If if something goes up 50% if 954 00:49:53,720 --> 00:49:56,080 it pops its head above like the parapet like. 955 00:49:56,280 --> 00:49:59,000 Smash. I do think there's quite a lot 956 00:49:59,000 --> 00:50:02,400 of like, do I think this could go back to a billion? 957 00:50:03,560 --> 00:50:05,520 I think this will be really, really tough right now. 958 00:50:06,320 --> 00:50:12,280 But do I think this looks cheap, like 400 million with that? 959 00:50:13,040 --> 00:50:16,400 Like obviously it's not a blockchain and they need to then 960 00:50:16,400 --> 00:50:18,360 work like, but they said they're going to bring up their own 961 00:50:18,360 --> 00:50:23,080 Asian marketplace, right? They turn that on, maybe that 962 00:50:23,080 --> 00:50:26,880 becomes a big deal, maybe the launch, right? 963 00:50:26,880 --> 00:50:29,360 Like they've got a lot of levers they could probably pull with 964 00:50:29,560 --> 00:50:33,480 with that GitHub, right? Those numbers are not to be 965 00:50:33,480 --> 00:50:36,000 discounted. I think it's great numbers. 966 00:50:36,040 --> 00:50:37,720 This, this tweet. This is a tweet, right, Tyler? 967 00:50:37,720 --> 00:50:39,360 I think you would know if you were talking about this morning. 968 00:50:39,360 --> 00:50:42,280 I think it's fair. I think someone made a comment 969 00:50:42,280 --> 00:50:44,680 here on this post saying they're still dependent on Solana. 970 00:50:44,680 --> 00:50:47,720 So it like at the end of the day they are depends on labs in a 971 00:50:47,720 --> 00:50:49,080 way. Correct me if I'm wrong. 972 00:50:49,360 --> 00:50:52,520 I personally I think the trade is trade was done like D trade 973 00:50:52,840 --> 00:50:55,880 went to 2 billion plus. I think this was again the 974 00:50:56,640 --> 00:50:59,880 pardon. Hit 3 billion. 3 billion so that 975 00:50:59,880 --> 00:51:01,640 even worse technically to my point. 976 00:51:01,640 --> 00:51:03,400 So like 2? 100 million. 977 00:51:03,880 --> 00:51:09,160 So I The thing is like the trade was so utility value. 978 00:51:09,160 --> 00:51:13,360 OK, fine, $400 million fair value given how many builders 979 00:51:13,360 --> 00:51:16,920 there are in the bull market. Fair mimetic value is gone from 980 00:51:16,920 --> 00:51:19,360 A16Z because Shaw's no longer main character. 981 00:51:19,520 --> 00:51:22,400 So it was a $2 billion run on Shaw being main character and 982 00:51:22,400 --> 00:51:24,840 being all over, right? And also threat guy and Frank 983 00:51:24,840 --> 00:51:27,520 like super bullish on everything you guys like, you know, again, 984 00:51:27,520 --> 00:51:28,520 like I've been talking about this a lot. 985 00:51:28,520 --> 00:51:31,040 Like you guys just talk about it much more so that that you know, 986 00:51:31,040 --> 00:51:33,160 the LA guys that talk about it a lot in a good way. 987 00:51:33,200 --> 00:51:34,680 This is not enough. I mean, not a really good way. 988 00:51:36,120 --> 00:51:39,520 Trump trade really fucked everything up, guys, because it 989 00:51:39,520 --> 00:51:41,640 reset everything. I think TG Frank and us, we 990 00:51:41,640 --> 00:51:42,600 talked about this a lot similarly. 991 00:51:42,600 --> 00:51:44,640 It's like it was a great reset in the mean coin tranches where 992 00:51:44,640 --> 00:51:47,480 everybody stabled up or went towards JLPS and stuff. 993 00:51:48,040 --> 00:51:51,360 And I'm the best example. I was 9999999 percent risk and 994 00:51:51,360 --> 00:51:54,120 now I'm like at least risk and I don't hate these coins. 995 00:51:54,480 --> 00:51:57,560 I think the trade from a trade perspective, I think the trade 996 00:51:57,560 --> 00:51:59,200 was done. Can it go higher? 997 00:51:59,200 --> 00:52:01,160 Yeah. But will people sell on the way 998 00:52:01,160 --> 00:52:02,760 higher? Yeah, I think so too. 999 00:52:04,160 --> 00:52:05,800 But I agree, it's looking good, guys. 1000 00:52:06,040 --> 00:52:08,200 Follow the builders. If you follow the builders, then 1001 00:52:08,200 --> 00:52:09,480 yeah. And this is a trade. 1002 00:52:10,080 --> 00:52:11,680 We're just Ray Jipes from now on. 1003 00:52:11,920 --> 00:52:13,200 We're the great Jipes. Let. 1004 00:52:13,720 --> 00:52:16,880 Me show the bull case. So Obie's come on the show and 1005 00:52:17,000 --> 00:52:18,960 and he's an even bigger bull than me, right? 1006 00:52:18,960 --> 00:52:21,960 He is, but he thinks. Some of these can go to ten $20 1007 00:52:21,960 --> 00:52:26,840 billion evaluations. The path for them is like we, we 1008 00:52:26,840 --> 00:52:31,720 need AI Phi, like we need these companies to start generating 1009 00:52:31,720 --> 00:52:34,280 revenue like we, we, we, we're all bullish. 1010 00:52:34,440 --> 00:52:36,560 Next Gen. D Phi Ray J Hyde. 1011 00:52:37,360 --> 00:52:39,000 I'm really looking forward to AI Phi. 1012 00:52:39,240 --> 00:52:42,360 We, we probably like incredible that is the path and I don't 1013 00:52:42,360 --> 00:52:45,320 know if Eliza can, can pull that off or not, but like we, we just 1014 00:52:45,320 --> 00:52:48,600 had the mimetic bubble burst. We're not going to get to 1015 00:52:48,600 --> 00:52:52,120 10,000,010 billion on mimetic value anymore. 1016 00:52:52,360 --> 00:52:54,560 Like I totally agree with you for so it's going to have to be 1017 00:52:54,560 --> 00:52:55,720 something else. It's going to have to. 1018 00:52:55,720 --> 00:52:58,120 Be. More true utility and they 1019 00:52:58,120 --> 00:53:00,160 haven't unlocked that yet. Yeah. 1020 00:53:00,680 --> 00:53:02,840 And I on the near term price action, totally agree. 1021 00:53:02,840 --> 00:53:05,320 Like a buddy was saying that he thinks fartcoin, it flipped to 1022 00:53:05,320 --> 00:53:06,880 $0.80. He's like, this thing's probably 1023 00:53:06,880 --> 00:53:08,840 going to speed back to 1 and that's going to sell off at 1024 00:53:08,840 --> 00:53:10,320 1:00. Probably. 1025 00:53:10,760 --> 00:53:14,760 I hate to say it, but. Like a lot of my current bullish 1026 00:53:14,760 --> 00:53:19,800 mental model, if Bitcoin consolidated up, some of these 1027 00:53:19,800 --> 00:53:23,280 leaders do the same. Every major pump gets sold off. 1028 00:53:23,280 --> 00:53:26,080 But perhaps fartcoin bombed at $0.50. 1029 00:53:26,080 --> 00:53:29,320 Maybe the next bottom is 55 or 60, maybe the next one for that 1030 00:53:29,320 --> 00:53:35,080 is 6570 and then a a breakout in Bitcoin late March. 1031 00:53:35,600 --> 00:53:38,800 Maybe things escalate from there, or maybe I'm totally out 1032 00:53:38,960 --> 00:53:41,680 out to launch and we don't ever see new all time highs on 1033 00:53:41,680 --> 00:53:44,720 anything again. Well, no, I don't think you are. 1034 00:53:45,160 --> 00:53:47,560 Yeah, like Mendel said the same thing in to us too, right? 1035 00:53:47,560 --> 00:53:50,680 He says it's a very trade that's highly depending on majors. 1036 00:53:50,680 --> 00:53:53,600 And I agree because for utility plays, I'll play, I'll buy Ray 1037 00:53:53,600 --> 00:53:57,800 J, you know, Ray J Hyatt not. Not Ray J. 1038 00:53:58,400 --> 00:54:04,160 I'll buy I'll buy that over any like utility meme coins and from 1039 00:54:04,160 --> 00:54:05,560 a medic value. Oh, by a meme. 1040 00:54:07,760 --> 00:54:10,520 Even those last right? And even those don't last. 1041 00:54:10,520 --> 00:54:13,000 I mean, you, you know, us like we're looking at I'm on the four 1042 00:54:13,000 --> 00:54:14,440 coin chart. I always have a four coin tab 1043 00:54:14,440 --> 00:54:16,240 open. I always know, I know the price 1044 00:54:16,240 --> 00:54:17,600 of four coin at any time of the day. 1045 00:54:18,160 --> 00:54:20,640 So I, I, I, I do like, I can tell you right now closing my 1046 00:54:20,640 --> 00:54:24,560 eyes like $749 million, you know, let's look, Oh wait, look, 1047 00:54:24,600 --> 00:54:29,080 it's at 700 and 43. But just can't. 1048 00:54:29,080 --> 00:54:33,760 I took 5 minutes ago. But you know, I memetic value. 1049 00:54:33,760 --> 00:54:34,760 I feel like there's better memes. 1050 00:54:35,520 --> 00:54:37,800 I think a lot of these are looking undervalued. 1051 00:54:38,400 --> 00:54:41,360 That's what I think are the. Undervalued or fair valued? 1052 00:54:42,960 --> 00:54:49,280 As in for where we are in a cycle and bitcoins at 100K, 1053 00:54:49,640 --> 00:54:52,280 suddenly these look like meme coins. 1054 00:54:52,760 --> 00:54:54,600 Solana meme. Let's bring up Solana meme coins 1055 00:54:54,600 --> 00:54:57,160 again like. I mean, those are no, but I 1056 00:54:57,160 --> 00:54:58,720 mean, yeah, we can. But there's they're all 1057 00:54:59,000 --> 00:55:02,560 Christmas trees. But that that also includes tops 1058 00:55:02,560 --> 00:55:06,480 aligned meme coins, includes FARC coin, includes AI16C 1059 00:55:06,480 --> 00:55:10,040 includes. I guess that only really 1060 00:55:10,040 --> 00:55:14,080 includes GOAT. But like that's at 13 billion 1061 00:55:14,080 --> 00:55:17,400 right now, right? That is halved. 1062 00:55:18,040 --> 00:55:20,360 Well, it's down 40% since November. 1063 00:55:20,360 --> 00:55:23,080 Like. Includes Trump, but I don't 1064 00:55:23,080 --> 00:55:24,080 know. I know you can't really count it 1065 00:55:24,080 --> 00:55:25,400 lose. Trump, right? 1066 00:55:25,680 --> 00:55:27,560 Melania. Or billion of that. 1067 00:55:28,400 --> 00:55:29,760 So it's much so it's much worse actually. 1068 00:55:29,760 --> 00:55:31,160 So it's. Yeah, ask you where do you see 1069 00:55:31,160 --> 00:55:33,200 your Solana meme coin chart? Only Solana. 1070 00:55:34,160 --> 00:55:38,920 It's a coin gecko type in Solana meme coins. 1071 00:55:39,840 --> 00:55:45,240 OK Oh does that come out for you? 1072 00:55:45,240 --> 00:55:46,960 I think you got to. I didn't do Google. 1073 00:55:46,960 --> 00:55:48,640 I just typed in Solana meme coins into Google. 1074 00:55:50,760 --> 00:55:55,000 OK, I'll, I'll find it. It's really about 9, right? 1075 00:55:57,040 --> 00:55:58,800 There it is. Oh, I didn't know about this 1076 00:55:58,800 --> 00:55:59,440 chart. OK, cool. 1077 00:56:01,040 --> 00:56:03,200 Wow, look. The market cap of Trump as 1078 00:56:03,200 --> 00:56:06,520 everything else now. Wow, this is not a lot like I 1079 00:56:06,520 --> 00:56:08,880 don't I mean the wood 1 I don't even know it and it's top. 1080 00:56:08,880 --> 00:56:12,760 What is that accurate? Is is everything in there? 1081 00:56:13,640 --> 00:56:15,880 No, that's everything. You just don't. 1082 00:56:15,880 --> 00:56:18,520 Would you buy any? Would you guys buy any of these? 1083 00:56:19,040 --> 00:56:20,960 I'm just telling you like this is how much stuff is down right 1084 00:56:20,960 --> 00:56:25,080 you like I was talking the other day like with man like. 1085 00:56:25,800 --> 00:56:28,680 Maybe Giga? Giga, you're honestly dead. 1086 00:56:28,680 --> 00:56:30,800 As though after the fucking thing this week I wanted to buy 1087 00:56:30,800 --> 00:56:35,720 Giga so bad. I guess my point is that you can 1088 00:56:35,720 --> 00:56:38,440 buy some of these older ones and still think, you know, they're 1089 00:56:38,440 --> 00:56:41,240 not going to go down that much more or they look. 1090 00:56:41,560 --> 00:56:46,840 But I do think right now, Oh my. God that's 30 mil. 1091 00:56:47,160 --> 00:56:50,360 Since Milania like you have probably Portnoy about to drop a 1092 00:56:50,360 --> 00:56:52,200 coin, right? He's very, very keen to drop a 1093 00:56:52,200 --> 00:56:52,480 coin. He's. 1094 00:56:52,600 --> 00:56:54,960 For sure going to drop it bro. By the way, if you guys think 1095 00:56:54,960 --> 00:56:57,120 he's not going to drop in T, then no on myriad markets. 1096 00:56:57,400 --> 00:57:01,880 I'm just saying. Yeah, and that's if he then does 1097 00:57:01,880 --> 00:57:04,120 one, I'm sure you could have a Barstool 1. 1098 00:57:04,120 --> 00:57:07,120 You can have so many brands come out and try and do one as well. 1099 00:57:07,120 --> 00:57:10,040 Like it's going to be so people are just scared. 1100 00:57:10,040 --> 00:57:13,240 Like it's not even that these things, I think these things 1101 00:57:13,240 --> 00:57:15,800 should be higher, but people are just so right. 1102 00:57:15,800 --> 00:57:19,520 I want to be in stables. And so you just you come back 1103 00:57:19,520 --> 00:57:23,040 inevitably to being a rage hype maxi. 1104 00:57:25,080 --> 00:57:34,240 Rage Hype I Every time I get the itch to want to buy something 1105 00:57:35,080 --> 00:57:40,800 and I don't two hours later, I I, I pat myself in the back. 1106 00:57:41,520 --> 00:57:44,920 And this tells you the state of these coins, right? 1107 00:57:45,560 --> 00:57:47,160 Because I'm living that cycle inside of me. 1108 00:57:47,160 --> 00:57:48,880 Like I want to buy, I want to buy, I want to buy, then I don't 1109 00:57:48,880 --> 00:57:50,720 want to buy. Like I eat 15 fart coin. 1110 00:57:50,720 --> 00:57:53,200 I'm like, fucking need to put $2,000,000 into fart coin. 1111 00:57:53,200 --> 00:57:55,040 And at 7:50 fart coin, Oh my God, never mind, maybe I'll 1112 00:57:55,040 --> 00:57:56,120 wait. It's going lower. 1113 00:57:56,320 --> 00:57:57,680 And that's a crazy thought, Brussels. 1114 00:57:57,920 --> 00:58:01,040 Right, Tyler like, no, but like, but I'm also like redacted, but 1115 00:58:01,040 --> 00:58:03,680 like I think this is how most of the market participants are. 1116 00:58:04,000 --> 00:58:05,960 I genuinely feel like I'm probably the most relatable 1117 00:58:05,960 --> 00:58:09,680 minding participant. Broke is very much people buy 1118 00:58:09,680 --> 00:58:12,720 momentum in this market, but you can't guarantee the momentum on 1119 00:58:12,720 --> 00:58:14,360 all the coins. The only coin that looks like it 1120 00:58:14,360 --> 00:58:16,080 has momentum right now is MLP right? 1121 00:58:16,120 --> 00:58:19,520 Just looks like OK everyday like oh this I. 1122 00:58:19,520 --> 00:58:21,760 Really like what they did yesterday by the way, but. 1123 00:58:22,080 --> 00:58:23,960 I don't really have like a strong view on like the coin 1124 00:58:23,960 --> 00:58:26,880 itself other than I like gaming meme coins and I think this is 1125 00:58:26,880 --> 00:58:29,480 an interesting niche, but like. Someone got to wake that though. 1126 00:58:30,120 --> 00:58:31,680 You only from a chart perspective. 1127 00:58:32,040 --> 00:58:35,880 This looks like it's on its way up in a new like view. 1128 00:58:36,120 --> 00:58:37,880 All the other ones that like obviously. 1129 00:58:37,880 --> 00:58:40,520 Like Tyler's talking about, it's like slow grinding up. 1130 00:58:40,520 --> 00:58:42,080 Like I see this one like that. Ty. 1131 00:58:43,320 --> 00:58:47,480 I like MLG if I can just put on the opposite side like this. 1132 00:58:47,480 --> 00:58:50,040 Also looks like a farm chart. It does. 1133 00:58:50,640 --> 00:58:52,520 It does look. Not with MLG. 1134 00:58:53,000 --> 00:58:56,000 It does look like a farm chart and you could argue that there's 1135 00:58:56,000 --> 00:58:59,240 maybe a player that's bigger than all of the LA guys and us 1136 00:58:59,240 --> 00:59:02,320 that's farming on the back of the biggest dreamers on earth 1137 00:59:02,760 --> 00:59:05,280 talking about it. We can't prove it, but it's 1138 00:59:05,280 --> 00:59:07,240 still it's try to looking really good. 1139 00:59:07,680 --> 00:59:09,440 By the way, I would I would never. 1140 00:59:09,680 --> 00:59:12,040 I'm actually thinking about maybe opening a position. 1141 00:59:12,040 --> 00:59:14,520 I have not. I want to open a position of 1142 00:59:14,520 --> 00:59:18,320 somewhat size, but I want to start opening it on major dips 1143 00:59:18,320 --> 00:59:20,040 like the other day when I bought at 84 mil. 1144 00:59:20,040 --> 00:59:24,480 That was nice. And some of this I, I think I 1145 00:59:24,560 --> 00:59:27,240 you can't be involved in Epic and not think this has a good 1146 00:59:27,360 --> 00:59:29,440 yeah as well, right. I mean it's really your whole 1147 00:59:29,440 --> 00:59:31,200 bull thesis on Epic was gaming mean points. 1148 00:59:31,400 --> 00:59:36,520 I think I I hope this coin does well just like A and then I 1149 00:59:36,520 --> 00:59:39,720 think you can bring in gamers and and this can be it's a whole 1150 00:59:39,720 --> 00:59:44,840 new sector of, of, of potential crypto participants. 1151 00:59:44,840 --> 00:59:48,200 But the yeah, I mean. Look at this, there's already 1152 00:59:48,200 --> 00:59:52,040 got 40,000 followers. I like part coins too. 30 1153 00:59:52,040 --> 00:59:52,960 million bucks. Because if. 1154 00:59:52,960 --> 00:59:54,920 If so, then the. Question is so here's what he's 1155 00:59:54,920 --> 00:59:57,200 doing. So Aiden Ross is going this is 1156 00:59:57,200 --> 00:59:59,520 his Twitter, right? I listened to the entire stream 1157 00:59:59,520 --> 01:00:00,560 yesterday. It topped down. 1158 01:00:01,360 --> 01:00:04,960 Basically, he has $30 million in in Ethereum, which is wild 1159 01:00:04,960 --> 01:00:07,760 because if I pick this up, pick this up currently, that's what 1160 01:00:07,760 --> 01:00:12,040 he got paid from Kik in crypto and he never sold it. 1161 01:00:12,040 --> 01:00:14,360 So he held it for for to all time high. 1162 01:00:14,360 --> 01:00:16,640 He held it held it that 800 he held it all. 1163 01:00:16,680 --> 01:00:19,360 He never ever touched his crypto per per him. 1164 01:00:19,960 --> 01:00:23,760 And now he wants or banks and stuff want to help him sell all 1165 01:00:23,760 --> 01:00:27,000 of his ETH into these assets. So, and I actually, Chris, what 1166 01:00:27,000 --> 01:00:28,320 you think? I know this portfolio thing, I 1167 01:00:28,320 --> 01:00:30,040 think it's pretty good One, it's better than the ones we've read 1168 01:00:30,040 --> 01:00:32,120 Tyler in the past, like, oh, all the time. 1169 01:00:32,520 --> 01:00:38,520 It's 70% Bitcoin, 10% Seoul, 10% Ethereum. 1170 01:00:38,960 --> 01:00:44,960 And then the last 10 points, 10% it's hype, MLG Trump. 1171 01:00:46,400 --> 01:00:47,720 That's what they're they're breaking. 1172 01:00:47,880 --> 01:00:51,320 Up. Cut the ETH. 1173 01:00:52,560 --> 01:00:53,480 Pot. I wouldn't. 1174 01:00:53,520 --> 01:00:56,360 I wouldn't put the ETH in there. Yeah, I mean, honestly, it was, 1175 01:00:56,400 --> 01:00:57,880 you know, it was crazy. The stakes. 1176 01:00:57,880 --> 01:01:00,800 I wish these guys play so. And it's funny how mentality is 1177 01:01:00,800 --> 01:01:03,040 right. And that's also taking a bull 1178 01:01:03,040 --> 01:01:04,920 case on ETH guys. And I hate, it's crazy. 1179 01:01:04,920 --> 01:01:06,800 I'm pinning it this way at the end of the stream. 1180 01:01:06,880 --> 01:01:09,600 No, listen, listen, listen. At the end of the stream, Aiden 1181 01:01:09,600 --> 01:01:11,040 was like, fuck this, I don't want to do any of this. 1182 01:01:11,400 --> 01:01:13,400 I like my ETH is going to go up because it's undervalued. 1183 01:01:13,840 --> 01:01:17,480 And he actually bought $10 million worth of ETH 25102 days 1184 01:01:17,480 --> 01:01:20,040 ago and he's already up. Yeah, he said it. 1185 01:01:20,040 --> 01:01:22,160 He's like, oh, I, I bought another 10 million when I saw it 1186 01:01:22,160 --> 01:01:27,400 went down to 2500, call it luck or not, but he did that. 1187 01:01:27,480 --> 01:01:28,840 And so he's up another 2,000,000 on that. 1188 01:01:28,840 --> 01:01:31,520 If you look at at 2800, maybe he's up in a million only now, 1189 01:01:31,520 --> 01:01:35,280 but only what is that? 2 million worth of worth of 1190 01:01:35,280 --> 01:01:39,000 these. He bought 10 mil at. 20 he 1191 01:01:39,000 --> 01:01:41,160 bought 10 million worth OK, so he's up $1,000,000. 1192 01:01:41,600 --> 01:01:44,040 I don't know if I'll. And at the end he said I don't 1193 01:01:44,040 --> 01:01:46,720 want to sell it because it's the second to big. 1194 01:01:46,800 --> 01:01:50,160 So see that mindset like the average rich participant that 1195 01:01:50,160 --> 01:01:54,040 gives no fuck about crypto deeply or isn't involved may 1196 01:01:54,040 --> 01:01:56,440 think like Aiden. Yeah, that's fair. 1197 01:01:56,680 --> 01:01:57,960 And it could be in the sovereign wealth fund. 1198 01:01:57,960 --> 01:01:59,120 And then it's going to. Go up. 1199 01:01:59,120 --> 01:02:04,560 So the billionaire who's 67 years old and who's got a fuck 1200 01:02:04,560 --> 01:02:07,000 ton of money and wants to play with the kids in the crypto 1201 01:02:07,000 --> 01:02:09,800 basket, he's going to buy our fart coin bags. 1202 01:02:09,800 --> 01:02:11,240 We're going to buy just a bag of Ethereum. 1203 01:02:11,640 --> 01:02:13,560 It made me think about this guys a little bit. 1204 01:02:14,120 --> 01:02:15,160 I'm not bullish with theorem, but. 1205 01:02:16,360 --> 01:02:20,720 It's interesting what is what is a multi cycle coin? 1206 01:02:21,680 --> 01:02:25,040 I do think some of the coins that he mentioned are all I 1207 01:02:25,040 --> 01:02:26,520 think that's. So funny. 1208 01:02:27,280 --> 01:02:31,520 A multi cycles. The meme of Frank selling Frank 1209 01:02:31,520 --> 01:02:34,120 wasn't fucking selling. But no way you're talking my 1210 01:02:34,240 --> 01:02:35,280 shit. He just posted that this 1211 01:02:35,280 --> 01:02:36,160 morning. It's so funny. 1212 01:02:36,400 --> 01:02:40,280 He posted that. Yeah, Aiden Ross, Yes, he said. 1213 01:02:40,280 --> 01:02:41,520 No way you dumped my shit behind. 1214 01:02:41,520 --> 01:02:42,920 A lot of praise at the moment, isn't he? 1215 01:02:43,320 --> 01:02:46,320 Blame Frank is the new blame for rogue, but it's funny because he 1216 01:02:46,320 --> 01:02:48,360 was tweeting this at the same time I was looking for the pump 1217 01:02:48,360 --> 01:02:52,200 fun and it it it went like right away and then he told the guy to 1218 01:02:52,200 --> 01:02:55,600 suck his Dick. It was kind of funny, but I it's 1219 01:02:55,600 --> 01:02:57,520 funny because he's like turbo bulled up also. 1220 01:02:57,960 --> 01:03:00,440 His biggest bull is going to be. Hold on though. 1221 01:03:00,480 --> 01:03:03,880 His biggest bull case for ETH? His biggest bull case for ETH 1222 01:03:03,880 --> 01:03:06,960 was the Eric Trump tweet. He literally said it. 1223 01:03:06,960 --> 01:03:08,280 He's like, oh, Eric Trump's pumping ETH. 1224 01:03:08,280 --> 01:03:09,960 Why would I not have? Yeah, but. 1225 01:03:10,400 --> 01:03:12,600 It's not that I'm not, but it's not that I don't like ETH. 1226 01:03:13,040 --> 01:03:15,800 I'm just done with trying. To I know. 1227 01:03:16,000 --> 01:03:18,000 We're all going to fight. Tyler went through that last 1228 01:03:18,000 --> 01:03:20,320 week. He tried to log ETH 20 times and 1229 01:03:20,320 --> 01:03:22,040 he kept like he was like fuck every time he's. 1230 01:03:22,480 --> 01:03:27,520 Tying a Bitcoin is 4000 OK, ETH is 3700 Bitcoin. 1231 01:03:28,200 --> 01:03:30,640 So they brought up that tweet on the on the on the stream. 1232 01:03:30,640 --> 01:03:33,360 But for me, I think his allocation is like 10 percent of 1233 01:03:33,360 --> 01:03:35,520 30 male. Like let the kid have his 10% 1234 01:03:35,520 --> 01:03:37,840 eat, you know what I mean? It's like it's not bad. 1235 01:03:37,840 --> 01:03:41,400 I can't believe I'm defending a case for 10% of eats right. 1236 01:03:41,400 --> 01:03:44,040 Now it just lets me down like whenever I'm like, you know what 1237 01:03:44,120 --> 01:03:45,600 I. Know this? 1238 01:03:45,680 --> 01:03:48,600 Is it this is it lads dot east? I mean, look at it now, it's 1239 01:03:48,600 --> 01:03:51,280 just feeling the weak Wick on the way down again. 1240 01:03:52,160 --> 01:03:54,600 I only other thing is I also feel as though like I'm 1241 01:03:54,600 --> 01:03:58,560 increasingly not liking dot E like I increasingly Oh my. 1242 01:03:58,640 --> 01:04:01,160 God. Individuals on the timeline. 1243 01:04:02,520 --> 01:04:05,400 Dude. Which I can understand, like, 1244 01:04:05,640 --> 01:04:07,720 you know, like it's obviously been painful and like they've 1245 01:04:07,720 --> 01:04:10,040 been dunked on. So they're just like, but like I 1246 01:04:10,040 --> 01:04:12,800 don't enjoy being a dot E at times. 1247 01:04:12,880 --> 01:04:15,960 Like it's like me and the lads are going to get together and 1248 01:04:15,960 --> 01:04:18,080 everyone's just been like saying everything else is a scam. 1249 01:04:19,960 --> 01:04:22,200 I don't I don't believe in that stuff. 1250 01:04:24,240 --> 01:04:27,200 I remember the dot ES of last cycle was like NFTS and like 1251 01:04:27,200 --> 01:04:29,960 we're going to, you know, we're going to do all the crazy shit. 1252 01:04:30,720 --> 01:04:33,920 And then I think they lost that narrative of being the the like 1253 01:04:33,920 --> 01:04:40,240 the easiest UI and then they've like been very much against new 1254 01:04:40,240 --> 01:04:42,360 stuff in crypto, I think. They were the thought leaders. 1255 01:04:44,320 --> 01:04:50,520 They still are still think there is that sort of like like deeply 1256 01:04:50,520 --> 01:04:56,280 philosophical and theoretical base with with with, but but 1257 01:04:57,560 --> 01:05:01,640 yeah, user friendly at times. It's just not dude, like from an 1258 01:05:01,640 --> 01:05:06,800 application standpoint, like it's not, it's just not usable. 1259 01:05:06,840 --> 01:05:10,040 My friends are dying on Madam ass dude to move all the stuff 1260 01:05:10,040 --> 01:05:13,040 to phantom and stuff. It was a hassle and I kept they 1261 01:05:13,040 --> 01:05:14,920 were at home over the other day. I was trying to move his shit 1262 01:05:14,920 --> 01:05:17,200 from Easter thing and I kept having to front him some fucking 1263 01:05:17,200 --> 01:05:22,080 gas fees and it was like $55 to swap on man for like 5000 USDC. 1264 01:05:22,080 --> 01:05:23,800 You know what I mean? Like it's shit that these people 1265 01:05:23,800 --> 01:05:26,840 don't understand, dude. And it's and it's just 1266 01:05:26,840 --> 01:05:27,640 absolutely nuts.