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[{"start": "00:00:00", "end": "00:00:03", "text": "What do you make about that? Can we slow"}, {"start": "00:00:01", "end": "00:00:04", "text": "down the pace? Is China on board? Are"}, {"start": "00:00:03", "end": "00:00:06", "text": "they not?"}, {"start": "00:00:04", "end": "00:00:08", "text": ">> These people are insane. We just stop"}, {"start": "00:00:06", "end": "00:00:09", "text": "it. Stop it. What are we talking about"}, {"start": "00:00:08", "end": "00:00:10", "text": "here? These are the same people who"}, {"start": "00:00:09", "end": "00:00:12", "text": "promised every single person who's"}, {"start": "00:00:10", "end": "00:00:13", "text": "watching this show right now the climate"}, {"start": "00:00:12", "end": "00:00:14", "text": "was going to kill them. They promised"}, {"start": "00:00:13", "end": "00:00:16", "text": "them CO was going to kill them. And now"}, {"start": "00:00:14", "end": "00:00:18", "text": "they're telling you that software that"}, {"start": "00:00:16", "end": "00:00:19", "text": "you use every day in your life is going"}, {"start": "00:00:18", "end": "00:00:21", "text": "to somehow kill you. They can't tell you"}, {"start": "00:00:19", "end": "00:00:22", "text": "how it's going to happen. They can't"}, {"start": "00:00:21", "end": "00:00:24", "text": "predict it. And they said they can't"}, {"start": "00:00:22", "end": "00:00:25", "text": "stop it. I'm not falling for it. And"}, {"start": "00:00:24", "end": "00:00:27", "text": "neither should you because guess what?"}, {"start": "00:00:25", "end": "00:00:29", "text": "They're not stopping either. They're not"}, {"start": "00:00:27", "end": "00:00:30", "text": "pacing anything. They're not stopping"}, {"start": "00:00:29", "end": "00:00:31", "text": "their investment. They're not shutting"}, {"start": "00:00:30", "end": "00:00:33", "text": "down their company. They're not saying"}, {"start": "00:00:31", "end": "00:00:34", "text": "they're not going to go public. They're"}, {"start": "00:00:33", "end": "00:00:35", "text": "not going to stop asking investors for"}, {"start": "00:00:34", "end": "00:00:36", "text": "money. They're not going to stop hiring"}, {"start": "00:00:35", "end": "00:00:38", "text": "people and they're not going to stop"}, {"start": "00:00:36", "end": "00:00:40", "text": "developing the technology. So, what are"}, {"start": "00:00:38", "end": "00:00:42", "text": "we doing? What are we talking about? I'm"}, {"start": "00:00:40", "end": "00:00:43", "text": "not into all the conspiracy theories"}, {"start": "00:00:42", "end": "00:00:45", "text": "about, you know, what they're trying to"}, {"start": "00:00:43", "end": "00:00:47", "text": "do or playing chess, etc. All I know is"}, {"start": "00:00:45", "end": "00:00:49", "text": "if the technology is so good to kill me,"}, {"start": "00:00:47", "end": "00:00:50", "text": "how come they can't create a profitable"}, {"start": "00:00:49", "end": "00:00:51", "text": "company with it? [laughter] That,"}, {"start": "00:00:50", "end": "00:00:52", "text": ">> right? If you start thinking about it"}, {"start": "00:00:51", "end": "00:00:53", "text": "from that perspective. And so, what"}, {"start": "00:00:52", "end": "00:00:55", "text": "ultimately I think this is going to"}, {"start": "00:00:53", "end": "00:00:56", "text": "happen is we can sit and play like the"}, {"start": "00:00:55", "end": "00:00:58", "text": "drama and the soap opera of what's going"}, {"start": "00:00:56", "end": "00:00:59", "text": "on in the AI industry. I think that"}, {"start": "00:00:58", "end": "00:01:00", "text": "there's a lot of folks who don't have"}, {"start": "00:00:59", "end": "00:01:03", "text": "profitable companies that are trying to"}, {"start": "00:01:00", "end": "00:01:04", "text": "use this to slow down the industry so"}, {"start": "00:01:03", "end": "00:01:05", "text": "they can catch up. I don't hear Mark"}, {"start": "00:01:04", "end": "00:01:07", "text": "Zuckerberg talking about slowing down"}, {"start": "00:01:05", "end": "00:01:08", "text": "anything. Mark Zuckerberg's got a cash"}, {"start": "00:01:07", "end": "00:01:10", "text": "cow and he has invested every dollar"}, {"start": "00:01:08", "end": "00:01:12", "text": "he's got into AI and he's going to go"}, {"start": "00:01:10", "end": "00:01:13", "text": "win and he just launched a personal AI"}, {"start": "00:01:12", "end": "00:01:15", "text": "assistant that is kicking everyone's"}, {"start": "00:01:13", "end": "00:01:16", "text": "butt. Now, what I think is the other"}, {"start": "00:01:15", "end": "00:01:18", "text": "takeaway though is every single company"}, {"start": "00:01:16", "end": "00:01:20", "text": "needs to own their own intelligence. If"}, {"start": "00:01:18", "end": "00:01:22", "text": "your business is based on these labs who"}, {"start": "00:01:20", "end": "00:01:23", "text": "now they just wake up, lick their"}, {"start": "00:01:22", "end": "00:01:24", "text": "finger, stick it in the air, and tell"}, {"start": "00:01:23", "end": "00:01:26", "text": "you, \"Oh, we got to slow down.\" Or maybe"}, {"start": "00:01:24", "end": "00:01:27", "text": "you shouldn't have access to this model,"}, {"start": "00:01:26", "end": "00:01:28", "text": "or oh, we have this new technology."}, {"start": "00:01:27", "end": "00:01:30", "text": "We're not going to give it to you cuz it"}, {"start": "00:01:28", "end": "00:01:33", "text": "can kill you. Your business is going to"}, {"start": "00:01:30", "end": "00:01:33", "text": "be in a very bad position."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "I think crypto would go up far faster"}, {"start": "00:00:02", "end": "00:00:06", "text": "than people realize"}, {"start": "00:00:03", "end": "00:00:06", "text": ">> Bitco"}, {"start": "00:00:07", "end": "00:00:12", "text": "that that type of move to me and the"}, {"start": "00:00:08", "end": "00:00:14", "text": "reason I say it with conviction the more"}, {"start": "00:00:12", "end": "00:00:16", "text": "I'm talking to people let's say"}, {"start": "00:00:14", "end": "00:00:17", "text": "traditional finance [music] so related"}, {"start": "00:00:16", "end": "00:00:19", "text": "to the banks cuz remember the banks are"}, {"start": "00:00:17", "end": "00:00:20", "text": "out there telling people they're ready"}, {"start": "00:00:19", "end": "00:00:23", "text": "for this they're going to be involved"}, {"start": "00:00:20", "end": "00:00:26", "text": "you know all this stuff tokenization"}, {"start": "00:00:23", "end": "00:00:27", "text": "pension funds need regulations what's"}, {"start": "00:00:26", "end": "00:00:29", "text": "going on guys today we got a great"}, {"start": "00:00:27", "end": "00:00:31", "text": "conversation with Jordi Visser in this"}, {"start": "00:00:29", "end": "00:00:33", "text": "When we talk about what's going on with"}, {"start": "00:00:31", "end": "00:00:34", "text": "oil, inflation, why the doomers are"}, {"start": "00:00:33", "end": "00:00:36", "text": "wrong, why the stock market's going"}, {"start": "00:00:34", "end": "00:00:37", "text": "higher, why Bitcoin's going higher, why"}, {"start": "00:00:36", "end": "00:00:40", "text": "the AI companies are going higher,"}, {"start": "00:00:37", "end": "00:00:41", "text": "what's going on with Astra, Grockbot,"}, {"start": "00:00:40", "end": "00:00:43", "text": "how Jordy's using these technologies,"}, {"start": "00:00:41", "end": "00:00:44", "text": "and then we even get into what's going"}, {"start": "00:00:43", "end": "00:00:46", "text": "on with Kevin Walsh, Scott Bessant,"}, {"start": "00:00:44", "end": "00:00:47", "text": "President Trump, are you going to bet"}, {"start": "00:00:46", "end": "00:00:49", "text": "against the White House? Should you"}, {"start": "00:00:47", "end": "00:00:50", "text": "think that the market is going higher?"}, {"start": "00:00:49", "end": "00:00:52", "text": "And what does all this mean for your"}, {"start": "00:00:50", "end": "00:00:54", "text": "portfolio? This one is fun. It's"}, {"start": "00:00:52", "end": "00:00:55", "text": "informative, and I promise you're going"}, {"start": "00:00:54", "end": "00:00:57", "text": "to learn something. Here's my latest"}, {"start": "00:00:55", "end": "00:00:59", "text": "conversation with Jordy Visser. All"}, {"start": "00:00:57", "end": "00:01:00", "text": "right, Jordy. I hear a lot of people in"}, {"start": "00:00:59", "end": "00:01:02", "text": "the macro world talking about interest"}, {"start": "00:01:00", "end": "00:01:04", "text": "rates and oil. I know people have been"}, {"start": "00:01:02", "end": "00:01:06", "text": "talking to you about this recently. Uh"}, {"start": "00:01:04", "end": "00:01:08", "text": "when I'm using AI, when I'm thinking"}, {"start": "00:01:06", "end": "00:01:10", "text": "about Bitcoin, and then I hear someone"}, {"start": "00:01:08", "end": "00:01:12", "text": "talking about interest rates and oil, my"}, {"start": "00:01:10", "end": "00:01:13", "text": "brain is telling me, \"Oh, yeah, that's"}, {"start": "00:01:12", "end": "00:01:15", "text": "what we're supposed to think about in"}, {"start": "00:01:13", "end": "00:01:16", "text": "the macro world, but my heart's kind of"}, {"start": "00:01:15", "end": "00:01:19", "text": "telling me like, does that stuff really"}, {"start": "00:01:16", "end": "00:01:20", "text": "matter anymore?\" What do you think?"}, {"start": "00:01:19", "end": "00:01:25", "text": "Well, it depends what you mean by does"}, {"start": "00:01:20", "end": "00:01:27", "text": "it matter. For me, I love it. Um, in the"}, {"start": "00:01:25", "end": "00:01:29", "text": "video I did this past weekend, I was as"}, {"start": "00:01:27", "end": "00:01:31", "text": "direct as possible."}, {"start": "00:01:29", "end": "00:01:33", "text": "We're worried"}, {"start": "00:01:31", "end": "00:01:37", "text": "about whether the Fed is going to raise"}, {"start": "00:01:33", "end": "00:01:41", "text": "25 basis points. And I think the curve"}, {"start": "00:01:37", "end": "00:01:44", "text": "says they're going to raise 25, but"}, {"start": "00:01:41", "end": "00:01:48", "text": "maybe there'll be one more, possibly two"}, {"start": "00:01:44", "end": "00:01:51", "text": "more before they come back down."}, {"start": "00:01:48", "end": "00:01:54", "text": "Why anyone would care about this when"}, {"start": "00:01:51", "end": "00:01:55", "text": "earnings are growing 30 plus%. Is beyond"}, {"start": "00:01:54", "end": "00:01:58", "text": "me. Why anyone would care about this"}, {"start": "00:01:55", "end": "00:02:00", "text": "when, as I showed in the video, there is"}, {"start": "00:01:58", "end": "00:02:03", "text": "no rate sensitivity"}, {"start": "00:02:00", "end": "00:02:06", "text": "to the AI trade. Zero. Like despite what"}, {"start": "00:02:03", "end": "00:02:07", "text": "people want to believe and the bare porn"}, {"start": "00:02:06", "end": "00:02:09", "text": "that goes everywhere with like, oh,"}, {"start": "00:02:07", "end": "00:02:11", "text": "rates are going higher. These guys can't"}, {"start": "00:02:09", "end": "00:02:13", "text": "raise rates. Their CDS is blowing out."}, {"start": "00:02:11", "end": "00:02:16", "text": "Um,"}, {"start": "00:02:13", "end": "00:02:18", "text": "progress is moving right now at a pace"}, {"start": "00:02:16", "end": "00:02:20", "text": "so fast and is accelerating by the day."}, {"start": "00:02:18", "end": "00:02:21", "text": "Not by the week anymore, by the day. The"}, {"start": "00:02:20", "end": "00:02:23", "text": "models are getting released. I was"}, {"start": "00:02:21", "end": "00:02:26", "text": "talking about Grockbot the last two"}, {"start": "00:02:23", "end": "00:02:28", "text": "weeks. Today we'll talk about Astra. I"}, {"start": "00:02:26", "end": "00:02:30", "text": "don't I I mean I have Grockbot doing"}, {"start": "00:02:28", "end": "00:02:32", "text": "things for me, but it's not even in"}, {"start": "00:02:30", "end": "00:02:34", "text": "league of anything I can do with Astra"}, {"start": "00:02:32", "end": "00:02:36", "text": "now, which is now combining the agentic"}, {"start": "00:02:34", "end": "00:02:39", "text": "side with the chat, with the work, with"}, {"start": "00:02:36", "end": "00:02:41", "text": "images, with everything else. Um, so"}, {"start": "00:02:39", "end": "00:02:43", "text": "when people talk about rates and yeah, I"}, {"start": "00:02:41", "end": "00:02:46", "text": "I had a bunch of conversations this week"}, {"start": "00:02:43", "end": "00:02:48", "text": "where I'd get a text message from again"}, {"start": "00:02:46", "end": "00:02:51", "text": "people I've known in the business a long"}, {"start": "00:02:48", "end": "00:02:52", "text": "time starting with the market's going to"}, {"start": "00:02:51", "end": "00:02:55", "text": "fall because rates are going higher and"}, {"start": "00:02:52", "end": "00:02:57", "text": "oil is going higher. And I'm like, did"}, {"start": "00:02:55", "end": "00:03:01", "text": "you watch my video? Like year-over-year"}, {"start": "00:02:57", "end": "00:03:04", "text": "oil for the sixth contract"}, {"start": "00:03:01", "end": "00:03:07", "text": "is up 20% from where it was a year ago."}, {"start": "00:03:04", "end": "00:03:09", "text": "Why do you care about this? Just because"}, {"start": "00:03:07", "end": "00:03:11", "text": "you see a chart that shows it making the"}, {"start": "00:03:09", "end": "00:03:13", "text": "highest price for the December contract"}, {"start": "00:03:11", "end": "00:03:16", "text": "when it's below where it was. Didn't we"}, {"start": "00:03:13", "end": "00:03:19", "text": "just go through this stupidity with"}, {"start": "00:03:16", "end": "00:03:21", "text": "every oil person saying that we'd be I"}, {"start": "00:03:19", "end": "00:03:26", "text": "mean we were supposed to be out of"}, {"start": "00:03:21", "end": "00:03:29", "text": "gasoline in California during July."}, {"start": "00:03:26", "end": "00:03:32", "text": "So like if some if people are that wrong"}, {"start": "00:03:29", "end": "00:03:35", "text": "and now we're 6 7 months from the"}, {"start": "00:03:32", "end": "00:03:38", "text": "beginning of the war and we've now heard"}, {"start": "00:03:35", "end": "00:03:41", "text": "that they're building pipelines so that"}, {"start": "00:03:38", "end": "00:03:44", "text": "Hormuz is not as important or not"}, {"start": "00:03:41", "end": "00:03:47", "text": "important at all at some point 3 years"}, {"start": "00:03:44", "end": "00:03:48", "text": "from now. Why do you don't think the"}, {"start": "00:03:47", "end": "00:03:50", "text": "market is smart enough to look through"}, {"start": "00:03:48", "end": "00:03:54", "text": "this? But most importantly again I'll"}, {"start": "00:03:50", "end": "00:03:57", "text": "say it. If earnings were only growing 5%"}, {"start": "00:03:54", "end": "00:03:59", "text": "a year and if the economy was sensitive"}, {"start": "00:03:57", "end": "00:04:00", "text": "to interest rates because what was"}, {"start": "00:03:59", "end": "00:04:02", "text": "driving the economy was like what was"}, {"start": "00:04:00", "end": "00:04:04", "text": "driving the economy before the great"}, {"start": "00:04:02", "end": "00:04:08", "text": "financial crisis which was housing rate"}, {"start": "00:04:04", "end": "00:04:11", "text": "sensitive stuff. I I I'd worry but the"}, {"start": "00:04:08", "end": "00:04:13", "text": "economy is now digital. The economy is"}, {"start": "00:04:11", "end": "00:04:15", "text": "not based on what we thought it was with"}, {"start": "00:04:13", "end": "00:04:17", "text": "autos and this. We know that people are"}, {"start": "00:04:15", "end": "00:04:19", "text": "not going out and borrowing money to buy"}, {"start": "00:04:17", "end": "00:04:20", "text": "housing. We know they're not going out"}, {"start": "00:04:19", "end": "00:04:23", "text": "borrowing money to buy cars the way they"}, {"start": "00:04:20", "end": "00:04:24", "text": "did, but the household net worth is"}, {"start": "00:04:23", "end": "00:04:26", "text": "going higher because profit margins are"}, {"start": "00:04:24", "end": "00:04:28", "text": "booming and the stock market's going"}, {"start": "00:04:26", "end": "00:04:31", "text": "higher. So, I just think when I listen"}, {"start": "00:04:28", "end": "00:04:35", "text": "to a are we going to raise 25 or not and"}, {"start": "00:04:31", "end": "00:04:39", "text": "oil's up and 10ear yields are up 35 to"}, {"start": "00:04:35", "end": "00:04:41", "text": "40 basis points since July. I just think"}, {"start": "00:04:39", "end": "00:04:42", "text": "people are they're missing the story for"}, {"start": "00:04:41", "end": "00:04:43", "text": "what's happening and this is a"}, {"start": "00:04:42", "end": "00:04:45", "text": "reflection that people just either don't"}, {"start": "00:04:43", "end": "00:04:47", "text": "believe in AI or they don't use it. I"}, {"start": "00:04:45", "end": "00:04:49", "text": "have a uh a new framework to put people"}, {"start": "00:04:47", "end": "00:04:51", "text": "bucket-wise in. There's static people"}, {"start": "00:04:49", "end": "00:04:53", "text": "and dynamic people. What I mean by that"}, {"start": "00:04:51", "end": "00:04:55", "text": "is usually you think about I want people"}, {"start": "00:04:53", "end": "00:04:57", "text": "who work for me or work with me or I"}, {"start": "00:04:55", "end": "00:04:58", "text": "work for who are dynamic. They're"}, {"start": "00:04:57", "end": "00:05:00", "text": "constantly learning. They're constantly"}, {"start": "00:04:58", "end": "00:05:02", "text": "evolving. They're constantly improving."}, {"start": "00:05:00", "end": "00:05:04", "text": "Dynamic people is the same thing like a"}, {"start": "00:05:02", "end": "00:05:06", "text": "volatile asset, right? You need"}, {"start": "00:05:04", "end": "00:05:08", "text": "volatility for it to go up. So I think"}, {"start": "00:05:06", "end": "00:05:09", "text": "people who are intelligent and want"}, {"start": "00:05:08", "end": "00:05:12", "text": "returns, they're drawn to dynamic and"}, {"start": "00:05:09", "end": "00:05:14", "text": "volatile. But actually you can put"}, {"start": "00:05:12", "end": "00:05:17", "text": "people in bucket of do they think"}, {"start": "00:05:14", "end": "00:05:20", "text": "statically or dynamically. So for"}, {"start": "00:05:17", "end": "00:05:21", "text": "example uh tariffs are going to lead to"}, {"start": "00:05:20", "end": "00:05:23", "text": "all these crazy prices blah blah"}, {"start": "00:05:21", "end": "00:05:24", "text": "whatever. Static people just looked at"}, {"start": "00:05:23", "end": "00:05:26", "text": "it as the tariff increases that means"}, {"start": "00:05:24", "end": "00:05:29", "text": "that inflation increases. Dynamic people"}, {"start": "00:05:26", "end": "00:05:30", "text": "say well if tariffs increase then does"}, {"start": "00:05:29", "end": "00:05:32", "text": "domestic manufacturing increase does"}, {"start": "00:05:30", "end": "00:05:33", "text": "this happen? Does this have what are the"}, {"start": "00:05:32", "end": "00:05:36", "text": "other tools the government has to blunt"}, {"start": "00:05:33", "end": "00:05:38", "text": "the effects? Oh maybe it's not going to"}, {"start": "00:05:36", "end": "00:05:40", "text": "be as big of a problem. Oil is another"}, {"start": "00:05:38", "end": "00:05:42", "text": "good example right now. If we go into"}, {"start": "00:05:40", "end": "00:05:44", "text": "Iran, then oil will spike. And if oil"}, {"start": "00:05:42", "end": "00:05:46", "text": "spikes, then that means that every"}, {"start": "00:05:44", "end": "00:05:48", "text": "single person's paying $10 at the gas"}, {"start": "00:05:46", "end": "00:05:50", "text": "pump, and you know, we're going to blow"}, {"start": "00:05:48", "end": "00:05:53", "text": "out inflation, etc. Dynamic people"}, {"start": "00:05:50", "end": "00:05:55", "text": "think, well, what if we have our own oil"}, {"start": "00:05:53", "end": "00:05:56", "text": "or Venezuelan oil or maybe we have a"}, {"start": "00:05:55", "end": "00:05:58", "text": "pipeline that we build or maybe the"}, {"start": "00:05:56", "end": "00:06:01", "text": "economy isn't as stuck with the oil"}, {"start": "00:05:58", "end": "00:06:02", "text": "sensitivity that it used to be. And so"}, {"start": "00:06:01", "end": "00:06:03", "text": "when you think about this like static"}, {"start": "00:06:02", "end": "00:06:06", "text": "verse dynamic, I actually think that"}, {"start": "00:06:03", "end": "00:06:08", "text": "almost all of the like you know fear"}, {"start": "00:06:06", "end": "00:06:09", "text": "porn kind of doomsday predicting is"}, {"start": "00:06:08", "end": "00:06:12", "text": "people who are just looking at it from a"}, {"start": "00:06:09", "end": "00:06:13", "text": "in this moment in time X happened so Y"}, {"start": "00:06:12", "end": "00:06:15", "text": "has to happen cuz I've read it in a"}, {"start": "00:06:13", "end": "00:06:18", "text": "textbook but actually the people who are"}, {"start": "00:06:15", "end": "00:06:19", "text": "on the internet they are so used to the"}, {"start": "00:06:18", "end": "00:06:21", "text": "speed of information the dynamic nature"}, {"start": "00:06:19", "end": "00:06:24", "text": "and they've seen this play out enough"}, {"start": "00:06:21", "end": "00:06:26", "text": "times now where almost all of the"}, {"start": "00:06:24", "end": "00:06:27", "text": "doomsday saying is coming from like the"}, {"start": "00:06:26", "end": "00:06:29", "text": "traditional world of people who are just"}, {"start": "00:06:27", "end": "00:06:30", "text": "now like getting on the internet but the"}, {"start": "00:06:29", "end": "00:06:32", "text": "people who have been on the for a long"}, {"start": "00:06:30", "end": "00:06:34", "text": "time and I would put the AI people, the"}, {"start": "00:06:32", "end": "00:06:35", "text": "crypto people, etc. They're actually not"}, {"start": "00:06:34", "end": "00:06:36", "text": "bearish at all. Like they're super"}, {"start": "00:06:35", "end": "00:06:37", "text": "bullish almost to the point where"}, {"start": "00:06:36", "end": "00:06:40", "text": "actually they're getting accused of"}, {"start": "00:06:37", "end": "00:06:41", "text": "being too optimistic, you know, that AGI"}, {"start": "00:06:40", "end": "00:06:43", "text": "is going to like, you know, kill"}, {"start": "00:06:41", "end": "00:06:46", "text": "humanity. Like I mean like crazy crazy"}, {"start": "00:06:43", "end": "00:06:48", "text": "stuff. So I do think in a weird way it"}, {"start": "00:06:46", "end": "00:06:49", "text": "maybe it's me just rationalizing being"}, {"start": "00:06:48", "end": "00:06:51", "text": "terminally online now is such an"}, {"start": "00:06:49", "end": "00:06:53", "text": "advantage because it keeps your brain"}, {"start": "00:06:51", "end": "00:06:54", "text": "from like getting to be hard cement and"}, {"start": "00:06:53", "end": "00:06:55", "text": "looking at the world statically, but"}, {"start": "00:06:54", "end": "00:06:57", "text": "like what you're describing is really"}, {"start": "00:06:55", "end": "00:06:59", "text": "just a dynamic view of how the economy"}, {"start": "00:06:57", "end": "00:07:01", "text": "is playing out."}, {"start": "00:06:59", "end": "00:07:02", "text": "So yeah, the only thing I would disagree"}, {"start": "00:07:01", "end": "00:07:04", "text": "with what you said at the very end there"}, {"start": "00:07:02", "end": "00:07:05", "text": "is I think being online is super"}, {"start": "00:07:04", "end": "00:07:07", "text": "critical all the time as opposed to be"}, {"start": "00:07:05", "end": "00:07:10", "text": "sitting at a job and maybe looking at a"}, {"start": "00:07:07", "end": "00:07:11", "text": "screen, but you also have to be curious"}, {"start": "00:07:10", "end": "00:07:14", "text": "enough to look at all angles from a"}, {"start": "00:07:11", "end": "00:07:17", "text": "story. If you just get caught watching"}, {"start": "00:07:14", "end": "00:07:19", "text": "Fox News or or MSNBC, you're not really"}, {"start": "00:07:17", "end": "00:07:21", "text": "changing your brain. Um, I think the"}, {"start": "00:07:19", "end": "00:07:24", "text": "point you're making, so let me use an"}, {"start": "00:07:21", "end": "00:07:25", "text": "analogy and just say, um, you know, one"}, {"start": "00:07:24", "end": "00:07:27", "text": "of the great things about being a sports"}, {"start": "00:07:25", "end": "00:07:30", "text": "fan and especially using the Knicks, if"}, {"start": "00:07:27", "end": "00:07:33", "text": "you go back to Jaylen Brunson in college"}, {"start": "00:07:30", "end": "00:07:35", "text": "and you look at him today and you would"}, {"start": "00:07:33", "end": "00:07:37", "text": "have asked"}, {"start": "00:07:35", "end": "00:07:38", "text": "a million people when he came out of"}, {"start": "00:07:37", "end": "00:07:40", "text": "Villanova and was a second round draft"}, {"start": "00:07:38", "end": "00:07:43", "text": "pick, if he would become one of the top"}, {"start": "00:07:40", "end": "00:07:46", "text": "10 players in the world, the answer"}, {"start": "00:07:43", "end": "00:07:48", "text": "would be zero chance. Like, he's not"}, {"start": "00:07:46", "end": "00:07:50", "text": "going to morph into that. And they would"}, {"start": "00:07:48", "end": "00:07:53", "text": "use the traditional things of, well,"}, {"start": "00:07:50", "end": "00:07:55", "text": "he's not athletic enough. He's short."}, {"start": "00:07:53", "end": "00:07:56", "text": "Like, he's how how is that going to turn"}, {"start": "00:07:55", "end": "00:07:58", "text": "into something? You still have people"}, {"start": "00:07:56", "end": "00:08:00", "text": "that said, you can't win a championship"}, {"start": "00:07:58", "end": "00:08:02", "text": "with your best player being someone like"}, {"start": "00:08:00", "end": "00:08:04", "text": "Jaylen Rose, even when he had evolved"}, {"start": "00:08:02", "end": "00:08:06", "text": "into an all-star."}, {"start": "00:08:04", "end": "00:08:08", "text": ">> The thing is Jaylen Brunson got better"}, {"start": "00:08:06", "end": "00:08:10", "text": "every single year."}, {"start": "00:08:08", "end": "00:08:14", "text": ">> Um, that is the whole point of AI right"}, {"start": "00:08:10", "end": "00:08:17", "text": "now. And if you're living on the past"}, {"start": "00:08:14", "end": "00:08:19", "text": "when historically oil's gone higher and"}, {"start": "00:08:17", "end": "00:08:21", "text": "like people will say inflation's high"}, {"start": "00:08:19", "end": "00:08:23", "text": "and I'm like core CPI is 2.4%"}, {"start": "00:08:21", "end": "00:08:26", "text": "year-over-year."}, {"start": "00:08:23", "end": "00:08:28", "text": "You pick the highest one PCE core"}, {"start": "00:08:26", "end": "00:08:31", "text": "year-over-year which is going to be"}, {"start": "00:08:28", "end": "00:08:34", "text": "revised. It changed and Kevin Worsh has"}, {"start": "00:08:31", "end": "00:08:36", "text": "publicly said he doesn't agree with PCA"}, {"start": "00:08:34", "end": "00:08:37", "text": "cores being he's got a whole group"}, {"start": "00:08:36", "end": "00:08:40", "text": "getting together to figure out what they"}, {"start": "00:08:37", "end": "00:08:43", "text": "should look at. I I just think people in"}, {"start": "00:08:40", "end": "00:08:44", "text": "this dynamic side um and as someone who"}, {"start": "00:08:43", "end": "00:08:46", "text": "grew up this way, I was trained to be a"}, {"start": "00:08:44", "end": "00:08:49", "text": "trader. I sat in front of screens minute"}, {"start": "00:08:46", "end": "00:08:52", "text": "by minute. If people haven't done it, I"}, {"start": "00:08:49", "end": "00:08:54", "text": "mean, you get caught thinking every"}, {"start": "00:08:52", "end": "00:08:56", "text": "single thing that comes out for a second"}, {"start": "00:08:54", "end": "00:08:57", "text": "matters in some big scheme. So, when"}, {"start": "00:08:56", "end": "00:08:59", "text": "people text me now and I don't have that"}, {"start": "00:08:57", "end": "00:09:02", "text": "side, I'm like working on AI and this"}, {"start": "00:08:59", "end": "00:09:04", "text": "happened to me uh when the PPI came out."}, {"start": "00:09:02", "end": "00:09:06", "text": "People were like, \"Oh, stocks care about"}, {"start": "00:09:04", "end": "00:09:08", "text": "this.\" And I remember saying like, \"What"}, {"start": "00:09:06", "end": "00:09:09", "text": "are you are you kidding me? What what do"}, {"start": "00:09:08", "end": "00:09:11", "text": "you mean they care about this?"}, {"start": "00:09:09", "end": "00:09:14", "text": ">> But is that an opportunity? Like is it"}, {"start": "00:09:11", "end": "00:09:17", "text": "is it almost like hey let let the market"}, {"start": "00:09:14", "end": "00:09:19", "text": "react to the old world you know economic"}, {"start": "00:09:17", "end": "00:09:22", "text": "data points etc. And then you could"}, {"start": "00:09:19", "end": "00:09:24", "text": "almost arbitrage and say I have a medium"}, {"start": "00:09:22", "end": "00:09:26", "text": "to long-term view on these and so when"}, {"start": "00:09:24", "end": "00:09:28", "text": "they dislocate based on these short-term"}, {"start": "00:09:26", "end": "00:09:30", "text": "metrics just like have emotional control"}, {"start": "00:09:28", "end": "00:09:32", "text": "and capitalize on it."}, {"start": "00:09:30", "end": "00:09:34", "text": ">> Yes. So he this gets into the market"}, {"start": "00:09:32", "end": "00:09:36", "text": "structure thing and I believe we've"}, {"start": "00:09:34", "end": "00:09:38", "text": "talked about this before and I think"}, {"start": "00:09:36", "end": "00:09:40", "text": "everyone who works on Wall Street will"}, {"start": "00:09:38", "end": "00:09:43", "text": "laugh at this."}, {"start": "00:09:40", "end": "00:09:45", "text": "Everyone who works at a hedge fund and"}, {"start": "00:09:43", "end": "00:09:48", "text": "having done it and having people work"}, {"start": "00:09:45", "end": "00:09:51", "text": "for me, they really are measured in many"}, {"start": "00:09:48", "end": "00:09:53", "text": "many ways minuteto minute like they have"}, {"start": "00:09:51", "end": "00:09:55", "text": "a draw down level which means that if"}, {"start": "00:09:53", "end": "00:09:57", "text": "something happens in their portfolio and"}, {"start": "00:09:55", "end": "00:09:59", "text": "it draws down 50 basis points on a day"}, {"start": "00:09:57", "end": "00:10:01", "text": "when they're running a market neutral"}, {"start": "00:09:59", "end": "00:10:03", "text": "portfolio and they they're only allowed"}, {"start": "00:10:01", "end": "00:10:07", "text": "to have a 5% draw down. Well, they've"}, {"start": "00:10:03", "end": "00:10:09", "text": "now lost onetenth of what they can lose."}, {"start": "00:10:07", "end": "00:10:11", "text": "Will it affect their emotion? Of course."}, {"start": "00:10:09", "end": "00:10:13", "text": "and they start extrapolating that this"}, {"start": "00:10:11", "end": "00:10:14", "text": "could get worse. What is happening in"}, {"start": "00:10:13", "end": "00:10:16", "text": "the market structures? I think you"}, {"start": "00:10:14", "end": "00:10:18", "text": "should break it into three simple"}, {"start": "00:10:16", "end": "00:10:20", "text": "buckets. One is there's the active"}, {"start": "00:10:18", "end": "00:10:22", "text": "traders that have a a draw down level"}, {"start": "00:10:20", "end": "00:10:24", "text": "where their capital will change and"}, {"start": "00:10:22", "end": "00:10:27", "text": "their kids won't be able to go to"}, {"start": "00:10:24", "end": "00:10:29", "text": "private school anymore. You have AI"}, {"start": "00:10:27", "end": "00:10:30", "text": "agents which don't have any kids and"}, {"start": "00:10:29", "end": "00:10:32", "text": "don't care about anything and their job"}, {"start": "00:10:30", "end": "00:10:34", "text": "is just to make money. They don't have"}, {"start": "00:10:32", "end": "00:10:36", "text": "the emotion that or the the the bars"}, {"start": "00:10:34", "end": "00:10:38", "text": "that that they have fixed rules but they"}, {"start": "00:10:36", "end": "00:10:40", "text": "don't have that stuff. And then you have"}, {"start": "00:10:38", "end": "00:10:42", "text": "retail traders sitting at home or anyone"}, {"start": "00:10:40", "end": "00:10:44", "text": "that has a longer time horizon that"}, {"start": "00:10:42", "end": "00:10:47", "text": "doesn't have to respond to oh the PPI."}, {"start": "00:10:44", "end": "00:10:49", "text": "And that's to your point. Now that I'm"}, {"start": "00:10:47", "end": "00:10:52", "text": "in that crowd, meaning I'm managing my"}, {"start": "00:10:49", "end": "00:10:53", "text": "own money, I want bad news to happen at"}, {"start": "00:10:52", "end": "00:10:54", "text": "a time when people are panicking,"}, {"start": "00:10:53", "end": "00:10:56", "text": "especially when it comes to crypto where"}, {"start": "00:10:54", "end": "00:10:58", "text": "I think we're at the beginning of a mega"}, {"start": "00:10:56", "end": "00:11:00", "text": "bull market. It helps me to be able to"}, {"start": "00:10:58", "end": "00:11:03", "text": "get entry points into things if these"}, {"start": "00:11:00", "end": "00:11:05", "text": "guys are worried. I think the agents do"}, {"start": "00:11:03", "end": "00:11:08", "text": "respond to what the hedge fund people"}, {"start": "00:11:05", "end": "00:11:09", "text": "are reacting to. Meaning, oh,"}, {"start": "00:11:08", "end": "00:11:11", "text": "historically, if the PBI comes out a"}, {"start": "00:11:09", "end": "00:11:13", "text": "little bit hotter and rates go higher,"}, {"start": "00:11:11", "end": "00:11:14", "text": "then we need to sell stocks. And the"}, {"start": "00:11:13", "end": "00:11:15", "text": "agents go, fine, we're going to sell"}, {"start": "00:11:14", "end": "00:11:17", "text": "stocks, too. We're going to jump in"}, {"start": "00:11:15", "end": "00:11:18", "text": "front of you. But then the next day, the"}, {"start": "00:11:17", "end": "00:11:19", "text": "agents don't care about what happened"}, {"start": "00:11:18", "end": "00:11:20", "text": "the day before. They're looking at"}, {"start": "00:11:19", "end": "00:11:21", "text": "what's going to happen today. What are"}, {"start": "00:11:20", "end": "00:11:22", "text": "the hedge fun guys doing today? Okay,"}, {"start": "00:11:21", "end": "00:11:24", "text": "I'm going to go buy in front of them."}, {"start": "00:11:22", "end": "00:11:27", "text": "And I think this is becoming a a very"}, {"start": "00:11:24", "end": "00:11:29", "text": "dangerous game because when I talk to"}, {"start": "00:11:27", "end": "00:11:32", "text": "people who are still managing money, the"}, {"start": "00:11:29", "end": "00:11:33", "text": "market, they complain about it. It's not"}, {"start": "00:11:32", "end": "00:11:36", "text": "easy to trade because you're getting"}, {"start": "00:11:33", "end": "00:11:39", "text": "these herkyjerky moves every day and"}, {"start": "00:11:36", "end": "00:11:42", "text": "there's no consistency. And so my belief"}, {"start": "00:11:39", "end": "00:11:43", "text": "is that we are in a speed of a game that"}, {"start": "00:11:42", "end": "00:11:45", "text": "has changed dramatically. And the people"}, {"start": "00:11:43", "end": "00:11:46", "text": "that have the big advantage now are the"}, {"start": "00:11:45", "end": "00:11:48", "text": "people that can look through it and say,"}, {"start": "00:11:46", "end": "00:11:50", "text": "\"Well, I know the earnings of the S&P"}, {"start": "00:11:48", "end": "00:11:51", "text": "are going to be up 20% next year.\" So,"}, {"start": "00:11:50", "end": "00:11:53", "text": "and I know there's not going to be a"}, {"start": "00:11:51", "end": "00:11:54", "text": "recession. I know rates don't matter. I"}, {"start": "00:11:53", "end": "00:11:56", "text": "know oil doesn't matter. So, if these"}, {"start": "00:11:54", "end": "00:11:57", "text": "guys are going to over overreact to this"}, {"start": "00:11:56", "end": "00:11:58", "text": "stuff, well, it gives me a better entry"}, {"start": "00:11:57", "end": "00:12:00", "text": "point. I think that's what's happening"}, {"start": "00:11:58", "end": "00:12:01", "text": "for a lot of different people in the"}, {"start": "00:12:00", "end": "00:12:02", "text": "marketplace."}, {"start": "00:12:01", "end": "00:12:04", "text": ">> Are the Bitcoin and crypto people better"}, {"start": "00:12:02", "end": "00:12:06", "text": "suited to invest today because they've"}, {"start": "00:12:04", "end": "00:12:08", "text": "been through so much volatility in such"}, {"start": "00:12:06", "end": "00:12:11", "text": "a short period of time?"}, {"start": "00:12:08", "end": "00:12:15", "text": ">> Yeah, it goes further than that. Um,"}, {"start": "00:12:11", "end": "00:12:17", "text": "the question I get asked most by people"}, {"start": "00:12:15", "end": "00:12:18", "text": "getting into crypto now that I've spent"}, {"start": "00:12:17", "end": "00:12:21", "text": "a lot of time there is how do we value"}, {"start": "00:12:18", "end": "00:12:23", "text": "it? And I've started I'm going to write"}, {"start": "00:12:21", "end": "00:12:27", "text": "a paper this week or I already I already"}, {"start": "00:12:23", "end": "00:12:29", "text": "wrote 75% of it. Um I had to do a lot of"}, {"start": "00:12:27", "end": "00:12:31", "text": "research. I had to find a person which I"}, {"start": "00:12:29", "end": "00:12:32", "text": "did and I'm going to show it on the"}, {"start": "00:12:31", "end": "00:12:34", "text": "video this week who went through a"}, {"start": "00:12:32", "end": "00:12:36", "text": "metric and the reason this person was"}, {"start": "00:12:34", "end": "00:12:38", "text": "interesting he he's part of the Ethereum"}, {"start": "00:12:36", "end": "00:12:40", "text": "or was I think he's still part of the"}, {"start": "00:12:38", "end": "00:12:43", "text": "Ethereum foundation. He was also part of"}, {"start": "00:12:40", "end": "00:12:45", "text": "the Salana whatever it was foundation."}, {"start": "00:12:43", "end": "00:12:47", "text": "Um"}, {"start": "00:12:45", "end": "00:12:49", "text": "the interesting part is he really talks"}, {"start": "00:12:47", "end": "00:12:50", "text": "about"}, {"start": "00:12:49", "end": "00:12:54", "text": "valuing and let's just take Ethereum"}, {"start": "00:12:50", "end": "00:12:57", "text": "because that's where his focus is"}, {"start": "00:12:54", "end": "00:12:59", "text": "as the ecosystem and its most similar"}, {"start": "00:12:57", "end": "00:13:01", "text": "comparison is the internet. And so"}, {"start": "00:12:59", "end": "00:13:04", "text": "regardless I don't like people getting"}, {"start": "00:13:01", "end": "00:13:06", "text": "into philosophical debates. I'm old"}, {"start": "00:13:04", "end": "00:13:08", "text": "enough to remember the way people valued"}, {"start": "00:13:06", "end": "00:13:10", "text": "the internet back in the '9s. And people"}, {"start": "00:13:08", "end": "00:13:12", "text": "have to think about this now. Most"}, {"start": "00:13:10", "end": "00:13:15", "text": "people that we're talking to were not"}, {"start": "00:13:12", "end": "00:13:16", "text": "trading during the '9s. During the '90s"}, {"start": "00:13:15", "end": "00:13:18", "text": "when the internet started and when we"}, {"start": "00:13:16", "end": "00:13:22", "text": "led into the dotcom bubble, the way they"}, {"start": "00:13:18", "end": "00:13:24", "text": "were valuing Amazon was eyeballs. And he"}, {"start": "00:13:22", "end": "00:13:27", "text": "mentions like we didn't have metrics"}, {"start": "00:13:24", "end": "00:13:28", "text": "back then. And he goes through like it"}, {"start": "00:13:27", "end": "00:13:30", "text": "was eyeballs, it was clicks, it was a"}, {"start": "00:13:28", "end": "00:13:32", "text": "bunch of different things, but it didn't"}, {"start": "00:13:30", "end": "00:13:33", "text": "mean anything. Now he was involved with"}, {"start": "00:13:32", "end": "00:13:35", "text": "Napster, so he's an original"}, {"start": "00:13:33", "end": "00:13:37", "text": "peer-to-peer person. That's what makes"}, {"start": "00:13:35", "end": "00:13:40", "text": "his angle so interesting. I also think"}, {"start": "00:13:37", "end": "00:13:42", "text": "he's very academic and boring, which is"}, {"start": "00:13:40", "end": "00:13:44", "text": "why whenever I've asked people in"}, {"start": "00:13:42", "end": "00:13:46", "text": "crypto, they don't either they've never"}, {"start": "00:13:44", "end": "00:13:48", "text": "heard of him or they've never followed"}, {"start": "00:13:46", "end": "00:13:50", "text": "him. I listened to him. I went, \"This"}, {"start": "00:13:48", "end": "00:13:52", "text": "guy finally hit on it.\" Like for crypto"}, {"start": "00:13:50", "end": "00:13:54", "text": "to be valued as something, we don't know"}, {"start": "00:13:52", "end": "00:13:56", "text": "what the metrics are going to be. And"}, {"start": "00:13:54", "end": "00:13:57", "text": "we're starting to see that with Robin"}, {"start": "00:13:56", "end": "00:13:59", "text": "Hood chain. I"}, {"start": "00:13:57", "end": "00:14:01", "text": ">> what's going on there?"}, {"start": "00:13:59", "end": "00:14:03", "text": ">> We're the volumes are picking up."}, {"start": "00:14:01", "end": "00:14:05", "text": "Everything is starting to go with"}, {"start": "00:14:03", "end": "00:14:06", "text": "tokenization. And again, if I go through"}, {"start": "00:14:05", "end": "00:14:09", "text": "the this year, the importance of the"}, {"start": "00:14:06", "end": "00:14:12", "text": "ecosystem and I think of pers, I think"}, {"start": "00:14:09", "end": "00:14:15", "text": "of prediction markets, I think of all of"}, {"start": "00:14:12", "end": "00:14:17", "text": "the things like SpaceX, what its"}, {"start": "00:14:15", "end": "00:14:18", "text": "valuation was before it went public and"}, {"start": "00:14:17", "end": "00:14:21", "text": "how quickly the market kind of migrated"}, {"start": "00:14:18", "end": "00:14:24", "text": "around to it. This 24/7 active trading"}, {"start": "00:14:21", "end": "00:14:27", "text": "and what Robin Hood chain built on"}, {"start": "00:14:24", "end": "00:14:29", "text": "Ethereum is doing through Arbitum is"}, {"start": "00:14:27", "end": "00:14:31", "text": "literally saying we're at the beginning"}, {"start": "00:14:29", "end": "00:14:33", "text": "of tokenization. Like we're we're"}, {"start": "00:14:31", "end": "00:14:34", "text": "literally at the beginning of it. Now,"}, {"start": "00:14:33", "end": "00:14:36", "text": "we've talked about it a lot and I've"}, {"start": "00:14:34", "end": "00:14:39", "text": "said that the network effects will kick"}, {"start": "00:14:36", "end": "00:14:40", "text": "in if you take what's happening now and"}, {"start": "00:14:39", "end": "00:14:43", "text": "the person's name that I was referencing"}, {"start": "00:14:40", "end": "00:14:45", "text": "and I I I don't know the proper way to"}, {"start": "00:14:43", "end": "00:14:47", "text": "pronounce it, but William Goyabber."}, {"start": "00:14:45", "end": "00:14:51", "text": "Okay, if you go back, he was on a he did"}, {"start": "00:14:47", "end": "00:14:54", "text": "a TED talk somewhere around 2015."}, {"start": "00:14:51", "end": "00:14:56", "text": "I asked Chat GPT from the transcript to"}, {"start": "00:14:54", "end": "00:14:57", "text": "go through and say how much of what he"}, {"start": "00:14:56", "end": "00:15:00", "text": "said back then about the blockchain, it"}, {"start": "00:14:57", "end": "00:15:02", "text": "was all on the blockchain is correct."}, {"start": "00:15:00", "end": "00:15:04", "text": "and it went through and said his vision"}, {"start": "00:15:02", "end": "00:15:06", "text": "of what was happening was about an eight"}, {"start": "00:15:04", "end": "00:15:08", "text": "and a half out of 10. If we drill down"}, {"start": "00:15:06", "end": "00:15:11", "text": "to each separate component, it's about a"}, {"start": "00:15:08", "end": "00:15:12", "text": "five, five out of 10. But 8 and a half"}, {"start": "00:15:11", "end": "00:15:14", "text": "out of 10 for the general thing of the"}, {"start": "00:15:12", "end": "00:15:16", "text": "importance of the blockchain and what"}, {"start": "00:15:14", "end": "00:15:18", "text": "will happen eventually over time. And so"}, {"start": "00:15:16", "end": "00:15:20", "text": "the Robin Hood chain, fast forward 11"}, {"start": "00:15:18", "end": "00:15:21", "text": "years,"}, {"start": "00:15:20", "end": "00:15:23", "text": "that's what's going on right now. like"}, {"start": "00:15:21", "end": "00:15:24", "text": "we're starting to get to the point where"}, {"start": "00:15:23", "end": "00:15:26", "text": "tokenization is happening and even"}, {"start": "00:15:24", "end": "00:15:29", "text": "though it's being driven predominantly"}, {"start": "00:15:26", "end": "00:15:30", "text": "by memecoins at this point in terms of"}, {"start": "00:15:29", "end": "00:15:32", "text": "the volumes that's what should be"}, {"start": "00:15:30", "end": "00:15:34", "text": "happening and I mentioned bucket last"}, {"start": "00:15:32", "end": "00:15:36", "text": "week and I said this is a memecoin but"}, {"start": "00:15:34", "end": "00:15:38", "text": "with other component parts of the"}, {"start": "00:15:36", "end": "00:15:40", "text": "programmable side that people should be"}, {"start": "00:15:38", "end": "00:15:41", "text": "paying attention to because it's a"}, {"start": "00:15:40", "end": "00:15:44", "text": "leadin to what is going to happen more"}, {"start": "00:15:41", "end": "00:15:45", "text": "and more on Robin Hood chain. So for me"}, {"start": "00:15:44", "end": "00:15:48", "text": "in thinking about the crypto side and"}, {"start": "00:15:45", "end": "00:15:51", "text": "what's actually gone on, I again believe"}, {"start": "00:15:48", "end": "00:15:54", "text": "that people that were trained in crypto,"}, {"start": "00:15:51", "end": "00:15:56", "text": "number one, they deal with speed. Number"}, {"start": "00:15:54", "end": "00:15:58", "text": "two, they deal with quote unquote pump"}, {"start": "00:15:56", "end": "00:16:00", "text": "and dump or things that move a certain"}, {"start": "00:15:58", "end": "00:16:02", "text": "way. They get used to the volatility."}, {"start": "00:16:00", "end": "00:16:05", "text": "They've been bred on it. But the other"}, {"start": "00:16:02", "end": "00:16:09", "text": "thing is how do you value a market, the"}, {"start": "00:16:05", "end": "00:16:11", "text": "S&P 500, in a world that of exponential"}, {"start": "00:16:09", "end": "00:16:13", "text": "as opposed to linear? And that's why"}, {"start": "00:16:11", "end": "00:16:16", "text": "when you go to my website and you go"}, {"start": "00:16:13", "end": "00:16:18", "text": "look, I've got a V for Visser. The left"}, {"start": "00:16:16", "end": "00:16:20", "text": "side of the V is linear. The right side"}, {"start": "00:16:18", "end": "00:16:22", "text": "is a parabola. And the reason it's a"}, {"start": "00:16:20", "end": "00:16:24", "text": "parabola is because when things start"}, {"start": "00:16:22", "end": "00:16:26", "text": "changing quickly, the only people, in my"}, {"start": "00:16:24", "end": "00:16:27", "text": "opinion, that can deal with the"}, {"start": "00:16:26", "end": "00:16:29", "text": "movements are people that have been"}, {"start": "00:16:27", "end": "00:16:31", "text": "trained in trading in chaos. I grew up"}, {"start": "00:16:29", "end": "00:16:32", "text": "in emerging markets. I think crypto is a"}, {"start": "00:16:31", "end": "00:16:34", "text": "very similar thing. This episode is"}, {"start": "00:16:32", "end": "00:16:36", "text": "brought to you by Lava. The Lava card is"}, {"start": "00:16:34", "end": "00:16:38", "text": "the first credit card that allows you to"}, {"start": "00:16:36", "end": "00:16:41", "text": "earn up to 5% back in Bitcoin [music] on"}, {"start": "00:16:38", "end": "00:16:43", "text": "every single purchase. Most cards have"}, {"start": "00:16:41", "end": "00:16:45", "text": "steep annual fees and unclear points"}, {"start": "00:16:43", "end": "00:16:47", "text": "programs, but the Lava card offers a"}, {"start": "00:16:45", "end": "00:16:49", "text": "much better deal. Earn real Bitcoin"}, {"start": "00:16:47", "end": "00:16:51", "text": "every time that you spend. Plus, there's"}, {"start": "00:16:49", "end": "00:16:53", "text": "no annual fee. There's zero FX fees, and"}, {"start": "00:16:51", "end": "00:16:55", "text": "zero spread when you spend"}, {"start": "00:16:53", "end": "00:16:56", "text": "internationally. On top of that, Lava"}, {"start": "00:16:55", "end": "00:16:59", "text": "gives you access to a Bitcoin line of"}, {"start": "00:16:56", "end": "00:17:01", "text": "credit, yield on cash, instant stable"}, {"start": "00:16:59", "end": "00:17:02", "text": "coin deposits and withdrawals, on and"}, {"start": "00:17:01", "end": "00:17:05", "text": "off ramps to and from your bank account,"}, {"start": "00:17:02", "end": "00:17:06", "text": "and much, much more. With Lava, you can"}, {"start": "00:17:05", "end": "00:17:08", "text": "borrow against your Bitcoin at the"}, {"start": "00:17:06", "end": "00:17:10", "text": "lowest rates, earn yield, move money"}, {"start": "00:17:08", "end": "00:17:12", "text": "globally, and stack Bitcoin with each"}, {"start": "00:17:10", "end": "00:17:14", "text": "and every purchase you make. 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Robin Hood chain"}, {"start": "00:17:32", "end": "00:17:36", "text": "is like explain maybe just in a little"}, {"start": "00:17:34", "end": "00:17:38", "text": "bit of detail what exactly is happening"}, {"start": "00:17:36", "end": "00:17:40", "text": "there and uh it seems like they really"}, {"start": "00:17:38", "end": "00:17:43", "text": "have pushed themselves to the frontier"}, {"start": "00:17:40", "end": "00:17:45", "text": "in terms of they now I think make more"}, {"start": "00:17:43", "end": "00:17:47", "text": "revenue off of the prediction markets"}, {"start": "00:17:45", "end": "00:17:50", "text": "than they do off of stocks. They have"}, {"start": "00:17:47", "end": "00:17:53", "text": "really doubled down on agentic trading."}, {"start": "00:17:50", "end": "00:17:56", "text": "Um I think public many others have done"}, {"start": "00:17:53", "end": "00:17:58", "text": "that as well. Um, but it does feel like"}, {"start": "00:17:56", "end": "00:18:00", "text": "Robin Hood, which started out as like"}, {"start": "00:17:58", "end": "00:18:04", "text": "come buy stocks and don't pay a"}, {"start": "00:18:00", "end": "00:18:06", "text": "commission, was pretty dead square in"}, {"start": "00:18:04", "end": "00:18:09", "text": "the center of like traditional finance."}, {"start": "00:18:06", "end": "00:18:10", "text": "And the like challenger type attitude"}, {"start": "00:18:09", "end": "00:18:12", "text": "was around fees."}, {"start": "00:18:10", "end": "00:18:13", "text": ">> Mhm."}, {"start": "00:18:12", "end": "00:18:15", "text": "they have completely migrated to like"}, {"start": "00:18:13", "end": "00:18:17", "text": "let's be on the frontier of the products"}, {"start": "00:18:15", "end": "00:18:20", "text": "we offer and how people interact and and"}, {"start": "00:18:17", "end": "00:18:22", "text": "has become almost more of a challenger"}, {"start": "00:18:20", "end": "00:18:25", "text": "you know type uh neo bank um or like"}, {"start": "00:18:22", "end": "00:18:26", "text": "fintech than where they started which is"}, {"start": "00:18:25", "end": "00:18:28", "text": "very unique. Usually you start off as"}, {"start": "00:18:26", "end": "00:18:30", "text": "like the most extreme version and then"}, {"start": "00:18:28", "end": "00:18:31", "text": "you become more of like the man, right?"}, {"start": "00:18:30", "end": "00:18:34", "text": "They seem to be going the opposite"}, {"start": "00:18:31", "end": "00:18:36", "text": "direction with at their size and scale"}, {"start": "00:18:34", "end": "00:18:37", "text": "seems, you know, a little bit uh"}, {"start": "00:18:36", "end": "00:18:39", "text": "unexpected."}, {"start": "00:18:37", "end": "00:18:43", "text": ">> Well, let's go back to the title of my"}, {"start": "00:18:39", "end": "00:18:45", "text": "research. AI crypto macro nexus. So,"}, {"start": "00:18:43", "end": "00:18:46", "text": "what's the macro part of Robin Hood?"}, {"start": "00:18:45", "end": "00:18:48", "text": "Well, it's the original stock trading"}, {"start": "00:18:46", "end": "00:18:50", "text": "side. What's the crypto side? Well, now"}, {"start": "00:18:48", "end": "00:18:52", "text": "we've got Robin Hood chain. What's the"}, {"start": "00:18:50", "end": "00:18:55", "text": "AI side? Well, we have the Agentic"}, {"start": "00:18:52", "end": "00:18:56", "text": "plugin that's going to this. Um, I think"}, {"start": "00:18:55", "end": "00:18:59", "text": "what Vlad has done and he spoke this"}, {"start": "00:18:56", "end": "00:19:01", "text": "week at at a Goldman Sachs conference."}, {"start": "00:18:59", "end": "00:19:03", "text": "You mentioned some of the numbers. They"}, {"start": "00:19:01", "end": "00:19:05", "text": "are, and I wrote a paper on this for"}, {"start": "00:19:03", "end": "00:19:06", "text": "people who are in the traditional"}, {"start": "00:19:05", "end": "00:19:09", "text": "finance world. Robin Hood is the company"}, {"start": "00:19:06", "end": "00:19:10", "text": "to go look at to figure out what this"}, {"start": "00:19:09", "end": "00:19:12", "text": "means in terms of this merge that's"}, {"start": "00:19:10", "end": "00:19:14", "text": "happening. It's the problem that people"}, {"start": "00:19:12", "end": "00:19:16", "text": "have is how do we value this? Well,"}, {"start": "00:19:14", "end": "00:19:20", "text": "tokenization is something that you and I"}, {"start": "00:19:16", "end": "00:19:22", "text": "have talked about and it is probably the"}, {"start": "00:19:20", "end": "00:19:25", "text": "I'm at Freedom Tech next week. Are you"}, {"start": "00:19:22", "end": "00:19:26", "text": "going to Freedom Tech? Okay. Um, I'm"}, {"start": "00:19:25", "end": "00:19:29", "text": "looking forward to doing my presentation"}, {"start": "00:19:26", "end": "00:19:32", "text": "down there. And the reason is because"}, {"start": "00:19:29", "end": "00:19:34", "text": "when I put the slides together, one of"}, {"start": "00:19:32", "end": "00:19:36", "text": "them is about this bridge being built"}, {"start": "00:19:34", "end": "00:19:37", "text": "right now. And tokenization for me is"}, {"start": "00:19:36", "end": "00:19:39", "text": "the bridge between the two worlds"}, {"start": "00:19:37", "end": "00:19:41", "text": "because Robin Hood has a community of"}, {"start": "00:19:39", "end": "00:19:43", "text": "traders. And I mentioned last week that"}, {"start": "00:19:41", "end": "00:19:47", "text": "when I went to a Robin Hood event last"}, {"start": "00:19:43", "end": "00:19:48", "text": "year to speak on a panel, I was blown"}, {"start": "00:19:47", "end": "00:19:50", "text": "away by the community aspect. Now, this"}, {"start": "00:19:48", "end": "00:19:52", "text": "is after I had been at your event. I'd"}, {"start": "00:19:50", "end": "00:19:54", "text": "been at Raul Powell's event and I saw"}, {"start": "00:19:52", "end": "00:19:56", "text": "this community which was very different"}, {"start": "00:19:54", "end": "00:19:57", "text": "than events I went to on Wall Street."}, {"start": "00:19:56", "end": "00:19:59", "text": "There's no community. It's literally"}, {"start": "00:19:57", "end": "00:20:01", "text": "like you put a bunch of people to get"}, {"start": "00:19:59", "end": "00:20:03", "text": "together, they want to kill each other."}, {"start": "00:20:01", "end": "00:20:06", "text": "It's it's a competitive world. While a"}, {"start": "00:20:03", "end": "00:20:07", "text": "community of Robin Hood, of crypto is"}, {"start": "00:20:06", "end": "00:20:10", "text": "very different. And so, I think Robin"}, {"start": "00:20:07", "end": "00:20:12", "text": "Hood merges not just these technologies"}, {"start": "00:20:10", "end": "00:20:14", "text": "together, I think it merges this"}, {"start": "00:20:12", "end": "00:20:16", "text": "community aspect. And it's very easy to"}, {"start": "00:20:14", "end": "00:20:18", "text": "take the community that is trying to"}, {"start": "00:20:16", "end": "00:20:21", "text": "make money as a group trading on stocks."}, {"start": "00:20:18", "end": "00:20:24", "text": "They don't care whether it's Palunteer."}, {"start": "00:20:21", "end": "00:20:26", "text": "They don't care whether it's Micron."}, {"start": "00:20:24", "end": "00:20:30", "text": "They don't care whether it's"}, {"start": "00:20:26", "end": "00:20:31", "text": "Ethereum, whether it's a meme, whether"}, {"start": "00:20:30", "end": "00:20:33", "text": "it's Bucket. It doesn't really matter to"}, {"start": "00:20:31", "end": "00:20:35", "text": "them. They're just trying to make money."}, {"start": "00:20:33", "end": "00:20:37", "text": "And they're doing it in a way. And Robin"}, {"start": "00:20:35", "end": "00:20:38", "text": "Hood has, yes, they've changed their"}, {"start": "00:20:37", "end": "00:20:41", "text": "business enough that the reason I wrote"}, {"start": "00:20:38", "end": "00:20:43", "text": "a paper on them was they got a couple"}, {"start": "00:20:41", "end": "00:20:47", "text": "upgrades last week. and specifically"}, {"start": "00:20:43", "end": "00:20:49", "text": "Morgan Stanley publicly upgraded the"}, {"start": "00:20:47", "end": "00:20:52", "text": "stock. It was not based on the crypto"}, {"start": "00:20:49", "end": "00:20:54", "text": "revenues though. It was based on other"}, {"start": "00:20:52", "end": "00:20:56", "text": "things and the fact that the company was"}, {"start": "00:20:54", "end": "00:20:58", "text": "becoming a little bit like Apple,"}, {"start": "00:20:56", "end": "00:21:00", "text": "meaning multiple service revenue"}, {"start": "00:20:58", "end": "00:21:01", "text": "streams. And I think that's the thing to"}, {"start": "00:21:00", "end": "00:21:05", "text": "go through when you go back to the"}, {"start": "00:21:01", "end": "00:21:07", "text": "William Goyabber stuff. I believe that"}, {"start": "00:21:05", "end": "00:21:09", "text": "we are leaving a world of revenues and"}, {"start": "00:21:07", "end": "00:21:12", "text": "we are entering a world of two things"}, {"start": "00:21:09", "end": "00:21:14", "text": "that have value. trust and that's where"}, {"start": "00:21:12", "end": "00:21:15", "text": "Ethereum becomes really important. It's"}, {"start": "00:21:14", "end": "00:21:17", "text": "where Bitcoin becomes really important"}, {"start": "00:21:15", "end": "00:21:18", "text": "because I think in a world of AI people"}, {"start": "00:21:17", "end": "00:21:20", "text": "are underestimating the amount of"}, {"start": "00:21:18", "end": "00:21:22", "text": "hackings and the lack of trust that will"}, {"start": "00:21:20", "end": "00:21:25", "text": "be there and the trust that a company"}, {"start": "00:21:22", "end": "00:21:26", "text": "will be here in a decade and we can talk"}, {"start": "00:21:25", "end": "00:21:27", "text": "more about that with some of the things"}, {"start": "00:21:26", "end": "00:21:30", "text": "with Astra. But I think terminal value"}, {"start": "00:21:27", "end": "00:21:33", "text": "is declining. So trust is number one."}, {"start": "00:21:30", "end": "00:21:36", "text": "The second thing is velocity of of of"}, {"start": "00:21:33", "end": "00:21:39", "text": "it's the flow. It's the volume. It is"}, {"start": "00:21:36", "end": "00:21:41", "text": "just the mass of speed. And AI agents"}, {"start": "00:21:39", "end": "00:21:42", "text": "get a hell of a lot more done than"}, {"start": "00:21:41", "end": "00:21:44", "text": "humans. So, we're leaving a world where"}, {"start": "00:21:42", "end": "00:21:46", "text": "human beings were doing the trading and"}, {"start": "00:21:44", "end": "00:21:47", "text": "doing the consuming and doing"}, {"start": "00:21:46", "end": "00:21:49", "text": "everything. And we're getting to one"}, {"start": "00:21:47", "end": "00:21:51", "text": "where AI agents are doing more and more."}, {"start": "00:21:49", "end": "00:21:53", "text": "And so, Robin Hood is built for that."}, {"start": "00:21:51", "end": "00:21:55", "text": "You mentioned the agentic trading side."}, {"start": "00:21:53", "end": "00:21:56", "text": "I just did a video which is going to go"}, {"start": "00:21:55", "end": "00:21:59", "text": "up on my subscriber wall this week to"}, {"start": "00:21:56", "end": "00:22:03", "text": "teach people how to build and back test"}, {"start": "00:21:59", "end": "00:22:06", "text": "a model using a a a GitHub code that I"}, {"start": "00:22:03", "end": "00:22:08", "text": "put together that they can then pull in,"}, {"start": "00:22:06", "end": "00:22:10", "text": "stick it in their own LLM and then back"}, {"start": "00:22:08", "end": "00:22:13", "text": "test something to create a signal model"}, {"start": "00:22:10", "end": "00:22:14", "text": "and I go through a training episode of"}, {"start": "00:22:13", "end": "00:22:16", "text": "how they can do this and where the edges"}, {"start": "00:22:14", "end": "00:22:18", "text": "are for the humans and where the edges"}, {"start": "00:22:16", "end": "00:22:20", "text": "are for AI so that they and I think"}, {"start": "00:22:18", "end": "00:22:21", "text": "retail traders are very good at this so"}, {"start": "00:22:20", "end": "00:22:24", "text": "I think it's going to work well but then"}, {"start": "00:22:21", "end": "00:22:25", "text": "take that information and plug it into"}, {"start": "00:22:24", "end": "00:22:27", "text": "Robin Hood. And it's not just Robin"}, {"start": "00:22:25", "end": "00:22:30", "text": "Hood. Mumu has this. Interactive Brokers"}, {"start": "00:22:27", "end": "00:22:31", "text": "have this. Like the Agentic side where"}, {"start": "00:22:30", "end": "00:22:33", "text": "you can do it and you can paper trade"}, {"start": "00:22:31", "end": "00:22:34", "text": "it. You don't have to put money in. But"}, {"start": "00:22:33", "end": "00:22:35", "text": "I think it's really important for"}, {"start": "00:22:34", "end": "00:22:38", "text": "parents to have their kids do this"}, {"start": "00:22:35", "end": "00:22:40", "text": "because doing this type of stuff is the"}, {"start": "00:22:38", "end": "00:22:42", "text": "beginning of training your children on"}, {"start": "00:22:40", "end": "00:22:44", "text": "how to be entrepreneurs. And I've talked"}, {"start": "00:22:42", "end": "00:22:45", "text": "about my son on this point. I don't talk"}, {"start": "00:22:44", "end": "00:22:46", "text": "about my daughters as much because"}, {"start": "00:22:45", "end": "00:22:48", "text": "they're in the healthc care field."}, {"start": "00:22:46", "end": "00:22:50", "text": "They're helping people. My son's going"}, {"start": "00:22:48", "end": "00:22:53", "text": "to be more of an entrepreneur, but he's"}, {"start": "00:22:50", "end": "00:22:54", "text": "using agents daily. And I think for"}, {"start": "00:22:53", "end": "00:22:56", "text": "parents out there and everyone, what"}, {"start": "00:22:54", "end": "00:22:58", "text": "Robin Hood is allowing you to do is"}, {"start": "00:22:56", "end": "00:22:59", "text": "actually become a training ground for"}, {"start": "00:22:58", "end": "00:23:01", "text": "building stuff. So, I think of Robin"}, {"start": "00:22:59", "end": "00:23:04", "text": "Hood definitely in kind of the Apple App"}, {"start": "00:23:01", "end": "00:23:05", "text": "Store place, multiple revenue streams,"}, {"start": "00:23:04", "end": "00:23:06", "text": "and it's expanding not just with"}, {"start": "00:23:05", "end": "00:23:07", "text": "prediction markets, but also with what"}, {"start": "00:23:06", "end": "00:23:09", "text": "they've been doing right now with the"}, {"start": "00:23:07", "end": "00:23:10", "text": "trading side on Robin Hood chain."}, {"start": "00:23:09", "end": "00:23:14", "text": ">> You mentioned earlier that you think"}, {"start": "00:23:10", "end": "00:23:17", "text": "crypto is on the cusp of a very big bull"}, {"start": "00:23:14", "end": "00:23:19", "text": "market. Is that a in the month of"}, {"start": "00:23:17", "end": "00:23:20", "text": "September type thing? Is that a through"}, {"start": "00:23:19", "end": "00:23:22", "text": "the end of Q4 we should expect this?"}, {"start": "00:23:20", "end": "00:23:25", "text": "What how do you think about timing for"}, {"start": "00:23:22", "end": "00:23:28", "text": "the next great Bitcoin bull market?"}, {"start": "00:23:25", "end": "00:23:30", "text": ">> Well, I and I hate I hate for people to"}, {"start": "00:23:28", "end": "00:23:33", "text": "have to sit there and acknowledge it"}, {"start": "00:23:30", "end": "00:23:34", "text": "this way. So, quarter to date when we"}, {"start": "00:23:33", "end": "00:23:37", "text": "come to sit in here the best performing"}, {"start": "00:23:34", "end": "00:23:39", "text": "asset by far of all the major assets and"}, {"start": "00:23:37", "end": "00:23:41", "text": "I I'll say major assets by anything"}, {"start": "00:23:39", "end": "00:23:43", "text": "that's worth that has a valuation of"}, {"start": "00:23:41", "end": "00:23:45", "text": "let's say more than a hundred billion."}, {"start": "00:23:43", "end": "00:23:47", "text": "Ethereum is by far the best performing"}, {"start": "00:23:45", "end": "00:23:49", "text": "asset. Like not even close. Uh it's I"}, {"start": "00:23:47", "end": "00:23:52", "text": "think it's almost double Bitcoin quarter"}, {"start": "00:23:49", "end": "00:23:56", "text": "to date. While the S&P 500's around"}, {"start": "00:23:52", "end": "00:23:59", "text": "flat, NASDAQ's around flat. So we've so"}, {"start": "00:23:56", "end": "00:24:01", "text": "far had Bitcoin and crypto outperforming"}, {"start": "00:23:59", "end": "00:24:05", "text": "for a quarter while stocks have done"}, {"start": "00:24:01", "end": "00:24:07", "text": "nothing. Um I think that's good. That's"}, {"start": "00:24:05", "end": "00:24:09", "text": "very good. But the importance of that is"}, {"start": "00:24:07", "end": "00:24:11", "text": "the low correlation. But it also means"}, {"start": "00:24:09", "end": "00:24:13", "text": "the next thrust to me stocks will go up"}, {"start": "00:24:11", "end": "00:24:16", "text": "with crypto with it. So, I do think"}, {"start": "00:24:13", "end": "00:24:21", "text": "we're at the beginning stages of getting"}, {"start": "00:24:16", "end": "00:24:26", "text": "away. I have been very surprised at how"}, {"start": "00:24:21", "end": "00:24:27", "text": "I don't want to say negative, but how"}, {"start": "00:24:26", "end": "00:24:29", "text": "little people want to embrace this. I"}, {"start": "00:24:27", "end": "00:24:32", "text": "don't hear crypto people as like uber"}, {"start": "00:24:29", "end": "00:24:33", "text": "bullish. At least, let's say the regular"}, {"start": "00:24:32", "end": "00:24:35", "text": "people that I talk to on a they're"}, {"start": "00:24:33", "end": "00:24:36", "text": "they're skeptical because"}, {"start": "00:24:35", "end": "00:24:38", "text": ">> the crypto people are skeptical about"}, {"start": "00:24:36", "end": "00:24:40", "text": "Bitcoin and crypto's recent rally."}, {"start": "00:24:38", "end": "00:24:42", "text": ">> Well, that we're not going to retest the"}, {"start": "00:24:40", "end": "00:24:43", "text": "lows first. Um"}, {"start": "00:24:42", "end": "00:24:44", "text": ">> they're they're worried that we will."}, {"start": "00:24:43", "end": "00:24:45", "text": ">> Yeah, they're worried that we will. And"}, {"start": "00:24:44", "end": "00:24:47", "text": "I guess that makes sense. That's the way"}, {"start": "00:24:45", "end": "00:24:49", "text": "it should be after a bare market."}, {"start": "00:24:47", "end": "00:24:50", "text": ">> They got four cycles psychosis, you"}, {"start": "00:24:49", "end": "00:24:51", "text": "know. Yeah. It's like, hey, October's"}, {"start": "00:24:50", "end": "00:24:53", "text": "the bottom. That's what they've that's"}, {"start": "00:24:51", "end": "00:24:55", "text": "what they've been told. They line up"}, {"start": "00:24:53", "end": "00:24:56", "text": "their charts. I get it. I you know, I'm"}, {"start": "00:24:55", "end": "00:25:00", "text": "starting to lean more towards how"}, {"start": "00:24:56", "end": "00:25:02", "text": "important the Clarity Act um situation"}, {"start": "00:25:00", "end": "00:25:04", "text": "is. Not it's not going to stop what's"}, {"start": "00:25:02", "end": "00:25:08", "text": "going on regardless of what happens cuz"}, {"start": "00:25:04", "end": "00:25:10", "text": "they're going to put rules in place. But"}, {"start": "00:25:08", "end": "00:25:12", "text": "if anything positive happens on on"}, {"start": "00:25:10", "end": "00:25:14", "text": "clarity and it's funny you you go into X"}, {"start": "00:25:12", "end": "00:25:17", "text": "you read Brian Armstrong you read you"}, {"start": "00:25:14", "end": "00:25:17", "text": "know um I forget Patrick's name what's"}, {"start": "00:25:17", "end": "00:25:19", "text": "the"}, {"start": "00:25:17", "end": "00:25:21", "text": ">> Patrick Whit I mean they've been very"}, {"start": "00:25:19", "end": "00:25:23", "text": "positive this week that it's going to"}, {"start": "00:25:21", "end": "00:25:25", "text": "surprise the prediction markets which"}, {"start": "00:25:23", "end": "00:25:28", "text": "are below 20% it but I think that's for"}, {"start": "00:25:25", "end": "00:25:30", "text": "this year we if we got anything positive"}, {"start": "00:25:28", "end": "00:25:32", "text": "on clarity"}, {"start": "00:25:30", "end": "00:25:34", "text": "I think crypto would go up far faster"}, {"start": "00:25:32", "end": "00:25:37", "text": "than people realize"}, {"start": "00:25:34", "end": "00:25:39", "text": ">> big 100k if we get clarity Yes, I that"}, {"start": "00:25:37", "end": "00:25:41", "text": "that type of move to me and the reason I"}, {"start": "00:25:39", "end": "00:25:44", "text": "say it with conviction,"}, {"start": "00:25:41", "end": "00:25:46", "text": "the more I'm talking to people, let's"}, {"start": "00:25:44", "end": "00:25:47", "text": "say traditional finance, so related to"}, {"start": "00:25:46", "end": "00:25:49", "text": "the banks, cuz remember the banks are"}, {"start": "00:25:47", "end": "00:25:50", "text": "out there telling people they're ready"}, {"start": "00:25:49", "end": "00:25:54", "text": "for this, they're going to be involved,"}, {"start": "00:25:50", "end": "00:25:57", "text": "you know, all this stuff, tokenization,"}, {"start": "00:25:54", "end": "00:25:59", "text": "pension funds need regulations for this."}, {"start": "00:25:57", "end": "00:26:00", "text": "And so for the ecosystem as a whole,"}, {"start": "00:25:59", "end": "00:26:03", "text": "which is really the most important thing"}, {"start": "00:26:00", "end": "00:26:06", "text": "to me, um, Bitcoin can keep going higher"}, {"start": "00:26:03", "end": "00:26:10", "text": "and it can"}, {"start": "00:26:06", "end": "00:26:12", "text": "drag a little bit of glass on here."}, {"start": "00:26:10", "end": "00:26:14", "text": "Um, uh, Bitcoin can rally high."}, {"start": "00:26:12", "end": "00:26:16", "text": ">> You ever seen someone get wounded on a"}, {"start": "00:26:14", "end": "00:26:19", "text": "podcast? You just did."}, {"start": "00:26:16", "end": "00:26:21", "text": ">> It's all good. Uh,"}, {"start": "00:26:19", "end": "00:26:22", "text": "um, [clears throat]"}, {"start": "00:26:21", "end": "00:26:24", "text": "if clarity goes through, I think the"}, {"start": "00:26:22", "end": "00:26:26", "text": "ecosystem will be valued higher"}, {"start": "00:26:24", "end": "00:26:28", "text": "immediately because I think this opens"}, {"start": "00:26:26", "end": "00:26:31", "text": "up investment from pension funds, which"}, {"start": "00:26:28", "end": "00:26:33", "text": "are critical to the overall size of the"}, {"start": "00:26:31", "end": "00:26:35", "text": "money coming in. I think they need"}, {"start": "00:26:33", "end": "00:26:37", "text": "regulation. I think they need something"}, {"start": "00:26:35", "end": "00:26:39", "text": "to be able to again they're fiduciary."}, {"start": "00:26:37", "end": "00:26:40", "text": "They can't just jump into something."}, {"start": "00:26:39", "end": "00:26:42", "text": "Bitcoin has been around long enough that"}, {"start": "00:26:40", "end": "00:26:44", "text": "they can do that. But I think investing"}, {"start": "00:26:42", "end": "00:26:46", "text": "in the ecosystem, which is what the"}, {"start": "00:26:44", "end": "00:26:48", "text": "entrepreneurs need. I don't think it's a"}, {"start": "00:26:46", "end": "00:26:50", "text": "venture thing. I I think it's a pension"}, {"start": "00:26:48", "end": "00:26:52", "text": "thing. And I I think if clarity goes"}, {"start": "00:26:50", "end": "00:26:56", "text": "through, it's a big deal. It does feel"}, {"start": "00:26:52", "end": "00:26:57", "text": "to me like um clarity can't hurt and not"}, {"start": "00:26:56", "end": "00:27:00", "text": "like by it not being passed it can't"}, {"start": "00:26:57", "end": "00:27:01", "text": "hurt but it would be a a net new buyer"}, {"start": "00:27:00", "end": "00:27:03", "text": "entering the market or at least getting"}, {"start": "00:27:01", "end": "00:27:06", "text": "more excited and kind of sending us"}, {"start": "00:27:03", "end": "00:27:10", "text": "upward. Um on AI there's been a ton of"}, {"start": "00:27:06", "end": "00:27:12", "text": "stuff that's come out. Uh GPT live one I"}, {"start": "00:27:10", "end": "00:27:15", "text": "think it's called like the voice um"}, {"start": "00:27:12", "end": "00:27:16", "text": "Astra got released. Uh we got a whole"}, {"start": "00:27:15", "end": "00:27:20", "text": "debate as to whether OpenAI was"}, {"start": "00:27:16", "end": "00:27:22", "text": "unethically looking at mathematicians uh"}, {"start": "00:27:20", "end": "00:27:26", "text": "potential solutions to these uh century"}, {"start": "00:27:22", "end": "00:27:28", "text": "old problems. Um we have a guy who uh"}, {"start": "00:27:26", "end": "00:27:30", "text": "got a job at Anthropic for 6 weeks,"}, {"start": "00:27:28", "end": "00:27:32", "text": "quit, says it AI is going to kill"}, {"start": "00:27:30", "end": "00:27:33", "text": "everybody, but then somehow he's part of"}, {"start": "00:27:32", "end": "00:27:35", "text": "like the Doomer crowd and they're all"}, {"start": "00:27:33", "end": "00:27:38", "text": "retweeting him and like piling on. Seems"}, {"start": "00:27:35", "end": "00:27:41", "text": "kind of like a scop, but unclear"}, {"start": "00:27:38", "end": "00:27:41", "text": "what the hell is going on in AI."}, {"start": "00:27:41", "end": "00:27:43", "text": "[laughter]"}, {"start": "00:27:41", "end": "00:27:46", "text": "I mean, there was like a year's worth of"}, {"start": "00:27:43", "end": "00:27:47", "text": "progress in the last seven days."}, {"start": "00:27:46", "end": "00:27:49", "text": ">> Well, and you not only have that, I"}, {"start": "00:27:47", "end": "00:27:51", "text": "mean, Paul Tudtor Jones wrote an op-ed"}, {"start": "00:27:49", "end": "00:27:53", "text": "in the Wall Street Journal and I think"}, {"start": "00:27:51", "end": "00:27:57", "text": "uh I think Greg Jensen from Bridgewater"}, {"start": "00:27:53", "end": "00:28:00", "text": "also came out um again on the risks with"}, {"start": "00:27:57", "end": "00:28:02", "text": "AI and how um I think the I think"}, {"start": "00:28:00", "end": "00:28:04", "text": "Jensen's thing was it's going to kill"}, {"start": "00:28:02", "end": "00:28:06", "text": "people. Jensen said that."}, {"start": "00:28:04", "end": "00:28:09", "text": ">> Yeah, I've seen the news today or"}, {"start": "00:28:06", "end": "00:28:12", "text": "something. Um here here's the thing. Um,"}, {"start": "00:28:09", "end": "00:28:16", "text": "I am a person that believes that any"}, {"start": "00:28:12", "end": "00:28:18", "text": "progress in AI from this point, we"}, {"start": "00:28:16", "end": "00:28:20", "text": "should be expecting there to be"}, {"start": "00:28:18", "end": "00:28:22", "text": "problems. I mean, I don't know if you"}, {"start": "00:28:20", "end": "00:28:25", "text": "heard the Boston Scientific News this"}, {"start": "00:28:22", "end": "00:28:26", "text": "week, but they had a hacking and they"}, {"start": "00:28:25", "end": "00:28:28", "text": "basically said they're not going to meet"}, {"start": "00:28:26", "end": "00:28:30", "text": "their earnings numbers for the rest of"}, {"start": "00:28:28", "end": "00:28:31", "text": "this year and they had to take them down"}, {"start": "00:28:30", "end": "00:28:34", "text": "and had an impact on some other stocks"}, {"start": "00:28:31", "end": "00:28:38", "text": "like Striker. Uh, and then there was a"}, {"start": "00:28:34", "end": "00:28:42", "text": "power plant hack in the UK. Uh, and I"}, {"start": "00:28:38", "end": "00:28:44", "text": "think we got some information on Iran's"}, {"start": "00:28:42", "end": "00:28:45", "text": "plans on hacking and everything."}, {"start": "00:28:44", "end": "00:28:47", "text": ">> This is a crazy story. Yeah. So, first"}, {"start": "00:28:45", "end": "00:28:48", "text": "of all, I'm an investor in a company"}, {"start": "00:28:47", "end": "00:28:51", "text": "called Galvanic. I'm going to give them"}, {"start": "00:28:48", "end": "00:28:53", "text": "a shout out. Uh, somebody who worked uh"}, {"start": "00:28:51", "end": "00:28:57", "text": "at the White House left and his whole"}, {"start": "00:28:53", "end": "00:28:58", "text": "thing was we need to secure the critical"}, {"start": "00:28:57", "end": "00:29:00", "text": "infrastructure in America from cyber"}, {"start": "00:28:58", "end": "00:29:01", "text": "attacks. And when he first started"}, {"start": "00:29:00", "end": "00:29:02", "text": "talking about this a couple years ago,"}, {"start": "00:29:01", "end": "00:29:02", "text": "people are like, \"What are you talking"}, {"start": "00:29:02", "end": "00:29:04", "text": "about?\" He's like, \"Yeah, water"}, {"start": "00:29:02", "end": "00:29:06", "text": "treatment plants, you know, power"}, {"start": "00:29:04", "end": "00:29:08", "text": "plants, whatever.\""}, {"start": "00:29:06", "end": "00:29:10", "text": "Josh Steman looks like a genius right"}, {"start": "00:29:08", "end": "00:29:13", "text": "now. [laughter]"}, {"start": "00:29:10", "end": "00:29:15", "text": "Like do not go short Joshua Stein. Uh so"}, {"start": "00:29:13", "end": "00:29:19", "text": "that that's on the power plan stuff."}, {"start": "00:29:15", "end": "00:29:20", "text": "This Iran story is almost literally you"}, {"start": "00:29:19", "end": "00:29:23", "text": "couldn't put it in a movie. So for those"}, {"start": "00:29:20", "end": "00:29:27", "text": "who don't know, Iran was supposedly"}, {"start": "00:29:23", "end": "00:29:30", "text": "taking their war plans, the Ayatollah's"}, {"start": "00:29:27", "end": "00:29:32", "text": "funeral plans, uh targeting lists of"}, {"start": "00:29:30", "end": "00:29:35", "text": "people, spreadsheets, all this stuff,"}, {"start": "00:29:32", "end": "00:29:37", "text": "and they were feeding it to Claude. Now,"}, {"start": "00:29:35", "end": "00:29:38", "text": "it does make sense like if you want"}, {"start": "00:29:37", "end": "00:29:39", "text": "superhuman intelligence, it's probably"}, {"start": "00:29:38", "end": "00:29:40", "text": "smarter than anyone in Iran cuz it's"}, {"start": "00:29:39", "end": "00:29:43", "text": "smarter than anyone in the United"}, {"start": "00:29:40", "end": "00:29:45", "text": "States. So, like, okay. Um, but then"}, {"start": "00:29:43", "end": "00:29:47", "text": "Claude was like, \"Wait a minute. We're"}, {"start": "00:29:45", "end": "00:29:50", "text": "not going to let Iran use our computing"}, {"start": "00:29:47", "end": "00:29:53", "text": "intelligence to"}, {"start": "00:29:50", "end": "00:29:55", "text": "then plan killing people or all this"}, {"start": "00:29:53", "end": "00:29:58", "text": "kind of crazy stuff.\" So, they had the"}, {"start": "00:29:55", "end": "00:30:01", "text": "plans [laughter] and I'm assuming they"}, {"start": "00:29:58", "end": "00:30:02", "text": "turned it over to the government. Like"}, {"start": "00:30:01", "end": "00:30:04", "text": ">> that's kind of the same thing that"}, {"start": "00:30:02", "end": "00:30:07", "text": "OpenAI is being accused of on the"}, {"start": "00:30:04", "end": "00:30:08", "text": "mathematician problem of like oh that's"}, {"start": "00:30:07", "end": "00:30:10", "text": "uh you guys going to solve that century"}, {"start": "00:30:08", "end": "00:30:12", "text": "old problem. It'd be a shame if we"}, {"start": "00:30:10", "end": "00:30:13", "text": "figured out the exact same way to solve"}, {"start": "00:30:12", "end": "00:30:16", "text": "the problem which I'm not saying that"}, {"start": "00:30:13", "end": "00:30:18", "text": "they did it but if they are training the"}, {"start": "00:30:16", "end": "00:30:20", "text": "model on the questions that are being"}, {"start": "00:30:18", "end": "00:30:22", "text": "asked and then all of a sudden they"}, {"start": "00:30:20", "end": "00:30:24", "text": "solved the problem."}, {"start": "00:30:22", "end": "00:30:26", "text": ">> It does feel like privacy does feel like"}, {"start": "00:30:24", "end": "00:30:27", "text": "data security does feel like owning your"}, {"start": "00:30:26", "end": "00:30:29", "text": "own intelligence is going to become"}, {"start": "00:30:27", "end": "00:30:31", "text": "pretty important here."}, {"start": "00:30:29", "end": "00:30:35", "text": "All right. So,"}, {"start": "00:30:31", "end": "00:30:37", "text": "we've we're for anyone who either"}, {"start": "00:30:35", "end": "00:30:39", "text": "doesn't know these stories or doesn't"}, {"start": "00:30:37", "end": "00:30:43", "text": "know the importance of both of them and"}, {"start": "00:30:39", "end": "00:30:45", "text": "especially the the Navier Stokes part."}, {"start": "00:30:43", "end": "00:30:47", "text": "Um, if you're living in a world talking"}, {"start": "00:30:45", "end": "00:30:49", "text": "about oil and interest rates going"}, {"start": "00:30:47", "end": "00:30:52", "text": "higher, again, I I ju I just want to say"}, {"start": "00:30:49", "end": "00:30:54", "text": "we are so far past everything now. Uh, I"}, {"start": "00:30:52", "end": "00:30:59", "text": "asked Chachi PT what the IQ of Astra is"}, {"start": "00:30:54", "end": "00:31:02", "text": "because I used Astra on um on lab on"}, {"start": "00:30:59", "end": "00:31:03", "text": "Labor Day and I built a model a signal"}, {"start": "00:31:02", "end": "00:31:05", "text": "model [clears throat] and it led me to"}, {"start": "00:31:03", "end": "00:31:07", "text": "doing the video that I mentioned and the"}, {"start": "00:31:05", "end": "00:31:09", "text": "reason was that I was blown away with"}, {"start": "00:31:07", "end": "00:31:11", "text": "the step function change in this. Now I"}, {"start": "00:31:09", "end": "00:31:14", "text": "had talked about Crockbot for two weeks"}, {"start": "00:31:11", "end": "00:31:16", "text": "here. Astra took me to another level. So"}, {"start": "00:31:14", "end": "00:31:17", "text": "these stories that are coming out,"}, {"start": "00:31:16", "end": "00:31:20", "text": "whether it's the doomer story or whether"}, {"start": "00:31:17", "end": "00:31:22", "text": "it's the progress story, uh the reality"}, {"start": "00:31:20", "end": "00:31:24", "text": "is AI is here and it has a huge impact."}, {"start": "00:31:22", "end": "00:31:25", "text": "When you go through the astride and I"}, {"start": "00:31:24", "end": "00:31:28", "text": "listened to an interview with Greg"}, {"start": "00:31:25", "end": "00:31:30", "text": "Brockman on TBPN,"}, {"start": "00:31:28", "end": "00:31:32", "text": "um where when you listen to it,"}, {"start": "00:31:30", "end": "00:31:34", "text": "basically we've reached the point where"}, {"start": "00:31:32", "end": "00:31:39", "text": "okay, we used to have chat and we had"}, {"start": "00:31:34", "end": "00:31:40", "text": "openclaw. Then we had chat, co-work, and"}, {"start": "00:31:39", "end": "00:31:43", "text": "openclaw."}, {"start": "00:31:40", "end": "00:31:47", "text": "Well, now we have"}, {"start": "00:31:43", "end": "00:31:49", "text": "co-work and claude code and claude chat."}, {"start": "00:31:47", "end": "00:31:53", "text": "What Brockman said is basically"}, {"start": "00:31:49", "end": "00:31:56", "text": "everything now is inside"}, {"start": "00:31:53", "end": "00:31:58", "text": "chat GPT."}, {"start": "00:31:56", "end": "00:32:00", "text": "what happened with what they did and I"}, {"start": "00:31:58", "end": "00:32:03", "text": "think people should spend time on the"}, {"start": "00:32:00", "end": "00:32:04", "text": "Navier Stokes thing from and if you"}, {"start": "00:32:03", "end": "00:32:09", "text": "listen to Moonshots from this week they"}, {"start": "00:32:04", "end": "00:32:11", "text": "go through everything but 100,000 GPUs I"}, {"start": "00:32:09", "end": "00:32:14", "text": "believe that's what that number is now"}, {"start": "00:32:11", "end": "00:32:18", "text": "100,000 GPUs so this was brute force and"}, {"start": "00:32:14", "end": "00:32:19", "text": "this gets back into like anyone who"}, {"start": "00:32:18", "end": "00:32:22", "text": "thinks open source is going to compete"}, {"start": "00:32:19", "end": "00:32:26", "text": "with the brute force to get you know a"}, {"start": "00:32:22", "end": "00:32:28", "text": "century old uh formula"}, {"start": "00:32:26", "end": "00:32:30", "text": "math problem"}, {"start": "00:32:28", "end": "00:32:34", "text": "figured out"}, {"start": "00:32:30", "end": "00:32:35", "text": "leading to physics problems that will be"}, {"start": "00:32:34", "end": "00:32:37", "text": "solved. And when physics problems, if"}, {"start": "00:32:35", "end": "00:32:38", "text": "people really want to spend time on it,"}, {"start": "00:32:37", "end": "00:32:41", "text": "which I did this morning for a while, we"}, {"start": "00:32:38", "end": "00:32:43", "text": "talked about it before we sat down. I"}, {"start": "00:32:41", "end": "00:32:45", "text": "mean, we're talking about terminal value"}, {"start": "00:32:43", "end": "00:32:47", "text": "for the S&P 500 changing for any"}, {"start": "00:32:45", "end": "00:32:51", "text": "physical company, any mining companies,"}, {"start": "00:32:47", "end": "00:32:54", "text": "anything. Now it won't change it for the"}, {"start": "00:32:51", "end": "00:32:56", "text": "earnings for the next 3 years, 4 years,"}, {"start": "00:32:54", "end": "00:32:58", "text": "but 5 years and out, as I keep saying"}, {"start": "00:32:56", "end": "00:33:01", "text": "all the time, I think you have a"}, {"start": "00:32:58", "end": "00:33:02", "text": "question of whether these companies that"}, {"start": "00:33:01", "end": "00:33:04", "text": "are doing old traditional things of"}, {"start": "00:33:02", "end": "00:33:05", "text": "mining are really going to be able to"}, {"start": "00:33:04", "end": "00:33:08", "text": "make money ever again if we've got"}, {"start": "00:33:05", "end": "00:33:10", "text": "solutions that get down to physics and"}, {"start": "00:33:08", "end": "00:33:12", "text": "get into things for the heart and things"}, {"start": "00:33:10", "end": "00:33:14", "text": "for drug discovery and thing everything"}, {"start": "00:33:12", "end": "00:33:16", "text": "that you can imagine. And that's why you"}, {"start": "00:33:14", "end": "00:33:17", "text": "have to spend time not kind of reading"}, {"start": "00:33:16", "end": "00:33:19", "text": "about Navier Stokes but just going to"}, {"start": "00:33:17", "end": "00:33:21", "text": "chat GPT and say what does this mean for"}, {"start": "00:33:19", "end": "00:33:23", "text": "the world and I'll have a slide on that"}, {"start": "00:33:21", "end": "00:33:26", "text": "in there from my own exploration for 30"}, {"start": "00:33:23", "end": "00:33:28", "text": "minutes to learn about it. So AI is"}, {"start": "00:33:26", "end": "00:33:30", "text": "moving so fast and the compounding of"}, {"start": "00:33:28", "end": "00:33:32", "text": "these models is going at a speed which"}, {"start": "00:33:30", "end": "00:33:35", "text": "is unbelievable that when Jensen Yuang"}, {"start": "00:33:32", "end": "00:33:39", "text": "goes on stage and says congratulations"}, {"start": "00:33:35", "end": "00:33:43", "text": "to Open AI on hitting AGI."}, {"start": "00:33:39", "end": "00:33:45", "text": "Imagine in a week where a Jensen Yuang,"}, {"start": "00:33:43", "end": "00:33:49", "text": ">> godfather of AI,"}, {"start": "00:33:45", "end": "00:33:52", "text": ">> says, \"Congratulations for reaching AGI"}, {"start": "00:33:49", "end": "00:33:56", "text": "and the front page of the stock market"}, {"start": "00:33:52", "end": "00:33:58", "text": "has Besset saying, \"I am the house on"}, {"start": "00:33:56", "end": "00:34:00", "text": "one side and on the other side you have"}, {"start": "00:33:58", "end": "00:34:02", "text": "everyone panicking over rates and oil.\""}, {"start": "00:34:00", "end": "00:34:04", "text": "The week that Jenzen Wong says that in"}, {"start": "00:34:02", "end": "00:34:06", "text": "AGI, everyone's worried about that. And"}, {"start": "00:34:04", "end": "00:34:08", "text": "that is the reason why I just think for"}, {"start": "00:34:06", "end": "00:34:10", "text": "people that are using what's happening"}, {"start": "00:34:08", "end": "00:34:12", "text": "on the news and what's happening in the"}, {"start": "00:34:10", "end": "00:34:13", "text": "market, the S&P 500 is unchanged or at"}, {"start": "00:34:12", "end": "00:34:17", "text": "least as of yesterday, it was unchanged"}, {"start": "00:34:13", "end": "00:34:18", "text": "since like June 2nd."}, {"start": "00:34:17", "end": "00:34:20", "text": "But we've made all this progress in AI."}, {"start": "00:34:18", "end": "00:34:21", "text": "We've solved all these things. We've"}, {"start": "00:34:20", "end": "00:34:23", "text": "jumped. The market's completely"}, {"start": "00:34:21", "end": "00:34:24", "text": "mispriced relative to the progress"}, {"start": "00:34:23", "end": "00:34:27", "text": "that's happening. And that means that"}, {"start": "00:34:24", "end": "00:34:29", "text": "it's like keeping a water on or ball"}, {"start": "00:34:27", "end": "00:34:30", "text": "underwater and at some point it explodes"}, {"start": "00:34:29", "end": "00:34:33", "text": "higher. And that's why I said I think"}, {"start": "00:34:30", "end": "00:34:36", "text": "crypto as just a segue into why it'll go"}, {"start": "00:34:33", "end": "00:34:38", "text": "higher. Well, it did really well when"}, {"start": "00:34:36", "end": "00:34:40", "text": "stocks couldn't move and all these panic"}, {"start": "00:34:38", "end": "00:34:42", "text": "fears when what would happen if oil went"}, {"start": "00:34:40", "end": "00:34:46", "text": "down for a week and rates went down for"}, {"start": "00:34:42", "end": "00:34:48", "text": "5 days and we got the rate hike and"}, {"start": "00:34:46", "end": "00:34:50", "text": "everyone's like, \"Okay, now what?\" It's"}, {"start": "00:34:48", "end": "00:34:51", "text": "like the midterms, Jordy. The midterms"}, {"start": "00:34:50", "end": "00:34:52", "text": "are going to kill this and the Dems are"}, {"start": "00:34:51", "end": "00:34:55", "text": "going to win this and data centers are"}, {"start": "00:34:52", "end": "00:34:57", "text": "going to be I'm like, \"So, I guess the"}, {"start": "00:34:55", "end": "00:34:58", "text": "day the midterms are over and you turn"}, {"start": "00:34:57", "end": "00:34:59", "text": "around and you've been worried about"}, {"start": "00:34:58", "end": "00:35:01", "text": "this, what are you going to say when the"}, {"start": "00:34:59", "end": "00:35:03", "text": "stock market goes higher?\" Like,"}, {"start": "00:35:01", "end": "00:35:05", "text": "sometimes the Trump paid for it. That's"}, {"start": "00:35:03", "end": "00:35:06", "text": "what they're going to say. They're 100%"}, {"start": "00:35:05", "end": "00:35:08", "text": "going to say, \"He he said he's going to"}, {"start": "00:35:06", "end": "00:35:10", "text": "give out stimulus 100%.\""}, {"start": "00:35:08", "end": "00:35:13", "text": "Sometimes having done this a long time,"}, {"start": "00:35:10", "end": "00:35:14", "text": "the best thing for the market"}, {"start": "00:35:13", "end": "00:35:17", "text": ">> is just getting through the events and"}, {"start": "00:35:14", "end": "00:35:20", "text": "having what was expected at this point."}, {"start": "00:35:17", "end": "00:35:21", "text": ">> The Dems are expected to win"}, {"start": "00:35:20", "end": "00:35:23", "text": ">> everything regardless of what people"}, {"start": "00:35:21", "end": "00:35:24", "text": "say. At this point, the market expects"}, {"start": "00:35:23", "end": "00:35:25", "text": "the Fed to raise 25."}, {"start": "00:35:24", "end": "00:35:27", "text": ">> Mhm."}, {"start": "00:35:25", "end": "00:35:28", "text": ">> Okay. That's what's expected."}, {"start": "00:35:27", "end": "00:35:29", "text": ">> Do you think it's going to happen? Do I"}, {"start": "00:35:28", "end": "00:35:31", "text": "think they'll raise 25?"}, {"start": "00:35:29", "end": "00:35:34", "text": ">> Yeah."}, {"start": "00:35:31", "end": "00:35:36", "text": ">> I I don't think it's a 70% chance. And"}, {"start": "00:35:34", "end": "00:35:40", "text": ">> 81% on poly market as of this morning."}, {"start": "00:35:36", "end": "00:35:42", "text": "25 basis point. take"}, {"start": "00:35:40", "end": "00:35:44", "text": "I so I'm going to I'm going to say I"}, {"start": "00:35:42", "end": "00:35:46", "text": "don't think it's going to happen. I'm"}, {"start": "00:35:44", "end": "00:35:48", "text": "also gonna say I kind of hope it does"}, {"start": "00:35:46", "end": "00:35:50", "text": "happen so we can just get rid of it"}, {"start": "00:35:48", "end": "00:35:52", "text": "because"}, {"start": "00:35:50", "end": "00:35:53", "text": ">> I think the more likely scenario or the"}, {"start": "00:35:52", "end": "00:35:56", "text": "one that's the most bullish for the"}, {"start": "00:35:53", "end": "00:35:58", "text": "market because if he doesn't go it just"}, {"start": "00:35:56", "end": "00:36:03", "text": "leaves up that he could go"}, {"start": "00:35:58", "end": "00:36:04", "text": "forward. Um if he goes and basically"}, {"start": "00:36:03", "end": "00:36:07", "text": "says"}, {"start": "00:36:04", "end": "00:36:09", "text": "okay we I did this because the committee"}, {"start": "00:36:07", "end": "00:36:11", "text": "is split"}, {"start": "00:36:09", "end": "00:36:14", "text": "and because I felt like the arguments"}, {"start": "00:36:11", "end": "00:36:17", "text": "were towards this side as an insurance"}, {"start": "00:36:14", "end": "00:36:20", "text": "and I believe it's better to do 25 now"}, {"start": "00:36:17", "end": "00:36:23", "text": "and get ahead of things if they keep"}, {"start": "00:36:20", "end": "00:36:24", "text": "going to open up the possibility but I"}, {"start": "00:36:23", "end": "00:36:27", "text": "don't think we're going to do any more."}, {"start": "00:36:24", "end": "00:36:30", "text": "So basically a dovish hike that would"}, {"start": "00:36:27", "end": "00:36:32", "text": "satisfy the Fed credibility. It might"}, {"start": "00:36:30", "end": "00:36:35", "text": "help the long end of the market. It"}, {"start": "00:36:32", "end": "00:36:36", "text": "would give people something. I don't"}, {"start": "00:36:35", "end": "00:36:38", "text": "think it matters. Like I said, I don't"}, {"start": "00:36:36", "end": "00:36:40", "text": "know why 25 basis points up or down"}, {"start": "00:36:38", "end": "00:36:43", "text": "matters to anyone as long as earnings"}, {"start": "00:36:40", "end": "00:36:45", "text": "are growing. And unlike 2022, and every"}, {"start": "00:36:43", "end": "00:36:48", "text": "time I see someone in the market do"}, {"start": "00:36:45", "end": "00:36:51", "text": "this, 2022 was a very unique situation."}, {"start": "00:36:48", "end": "00:36:53", "text": "We were coming from incredibly low"}, {"start": "00:36:51", "end": "00:36:55", "text": "rates. AI was not a part of the"}, {"start": "00:36:53", "end": "00:36:59", "text": "equation. So we didn't have this massive"}, {"start": "00:36:55", "end": "00:37:00", "text": "capex and earnings boom based on that."}, {"start": "00:36:59", "end": "00:37:03", "text": "We were coming out of a recession"}, {"start": "00:37:00", "end": "00:37:06", "text": "obviously and we had inflation up at 10%"}, {"start": "00:37:03", "end": "00:37:09", "text": "or nine and change. Now we've got core"}, {"start": "00:37:06", "end": "00:37:11", "text": "inflation at 2.4% in terms of core CPI."}, {"start": "00:37:09", "end": "00:37:14", "text": "We already have rates at this level and"}, {"start": "00:37:11", "end": "00:37:18", "text": "we were going the debate wasn't 25. It"}, {"start": "00:37:14", "end": "00:37:21", "text": "was do we go 50, do we go 75? And so we"}, {"start": "00:37:18", "end": "00:37:23", "text": "raised rates really quickly in 2022. And"}, {"start": "00:37:21", "end": "00:37:24", "text": "then once we slowed down and basically"}, {"start": "00:37:23", "end": "00:37:26", "text": "came to the end, that's when you wanted"}, {"start": "00:37:24", "end": "00:37:28", "text": "to buy stock. So I just think uh the"}, {"start": "00:37:26", "end": "00:37:31", "text": "best thing for the market would probably"}, {"start": "00:37:28", "end": "00:37:33", "text": "be raising 25 with some kind of dovish"}, {"start": "00:37:31", "end": "00:37:36", "text": "message that this was an insurance"}, {"start": "00:37:33", "end": "00:37:37", "text": "thing. And since inflation is already on"}, {"start": "00:37:36", "end": "00:37:39", "text": "the low side there, but it would not"}, {"start": "00:37:37", "end": "00:37:41", "text": "surprise me if behind the scenes the"}, {"start": "00:37:39", "end": "00:37:43", "text": "pressure from the White House and what"}, {"start": "00:37:41", "end": "00:37:46", "text": "Donald Trump wants. Uh, I think we all"}, {"start": "00:37:43", "end": "00:37:49", "text": "make mistakes when we start fading what"}, {"start": "00:37:46", "end": "00:37:50", "text": "Besson and Trump are going to do to make"}, {"start": "00:37:49", "end": "00:37:52", "text": "sure what they want to have happen"}, {"start": "00:37:50", "end": "00:37:54", "text": "happens. Today's episode is brought to"}, {"start": "00:37:52", "end": "00:37:57", "text": "you by Token 2049. The largest"}, {"start": "00:37:54", "end": "00:38:00", "text": "conference in crypto is back. Token 2049"}, {"start": "00:37:57", "end": "00:38:02", "text": "will host 25,000 people, 300 speakers,"}, {"start": "00:38:00", "end": "00:38:04", "text": "and a,000 plus side events in Singapore"}, {"start": "00:38:02", "end": "00:38:06", "text": "on October 7th and 8th at Marina [music]"}, {"start": "00:38:04", "end": "00:38:08", "text": "Bay Sands. The speaker list is"}, {"start": "00:38:06", "end": "00:38:10", "text": "absolutely stacked. Shane Copeland from"}, {"start": "00:38:08", "end": "00:38:12", "text": "Poly Market, Jeff Yan from Hyperlquid,"}, {"start": "00:38:10", "end": "00:38:15", "text": "Adena Freriedman from NASDAQ, Arthur"}, {"start": "00:38:12", "end": "00:38:16", "text": "Hayes, Bellagi, and Eric Trump. Crypto"}, {"start": "00:38:15", "end": "00:38:17", "text": "and traditional finance in the same"}, {"start": "00:38:16", "end": "00:38:19", "text": "building, which tells you a lot about"}, {"start": "00:38:17", "end": "00:38:21", "text": "where this is going. And the conference"}, {"start": "00:38:19", "end": "00:38:23", "text": "runs right into F1 weekend, so the whole"}, {"start": "00:38:21", "end": "00:38:25", "text": "thing turns into one giant week. If"}, {"start": "00:38:23", "end": "00:38:27", "text": "you're headed to Singapore, use code"}, {"start": "00:38:25", "end": "00:38:30", "text": "POMP 10 for 10% off your ticket. Token"}, {"start": "00:38:27", "end": "00:38:31", "text": "2049, October 7th and 8th in Singapore."}, {"start": "00:38:30", "end": "00:38:34", "text": "[music] Go check them out in the link in"}, {"start": "00:38:31", "end": "00:38:35", "text": "the description. Today's episode is"}, {"start": "00:38:34", "end": "00:38:37", "text": "brought to you by Simple Mining. Bitcoin"}, {"start": "00:38:35", "end": "00:38:39", "text": "mining has a reputation for being"}, {"start": "00:38:37", "end": "00:38:41", "text": "complicated, risky, and hard to evaluate"}, {"start": "00:38:39", "end": "00:38:43", "text": "as a real investment. If you're"}, {"start": "00:38:41", "end": "00:38:44", "text": "considering mining in 2026, what"}, {"start": "00:38:43", "end": "00:38:47", "text": "actually matters isn't headline"}, {"start": "00:38:44", "end": "00:38:49", "text": "profitability. It's uptime, repairs, and"}, {"start": "00:38:47", "end": "00:38:50", "text": "whether the operation is run like a real"}, {"start": "00:38:49", "end": "00:38:52", "text": "business. That's why I've been using"}, {"start": "00:38:50", "end": "00:38:54", "text": "Simple Mining. They're based in Cedar"}, {"start": "00:38:52", "end": "00:38:56", "text": "Falls, [music] Iowa, and they run a"}, {"start": "00:38:54", "end": "00:38:58", "text": "white glove hosting operation where you"}, {"start": "00:38:56", "end": "00:39:00", "text": "own your miners. You choose your own"}, {"start": "00:38:58", "end": "00:39:02", "text": "pool, and you have Bitcoin sent directly"}, {"start": "00:39:00", "end": "00:39:03", "text": "to your wallet. They were featured on"}, {"start": "00:39:02", "end": "00:39:06", "text": "the Inc. 5,000 lists as the fastest"}, {"start": "00:39:03", "end": "00:39:08", "text": "growing company in Iowa with over 40,000"}, {"start": "00:39:06", "end": "00:39:10", "text": "machines under management. What stands"}, {"start": "00:39:08", "end": "00:39:11", "text": "[music] out to me is execution. They"}, {"start": "00:39:10", "end": "00:39:13", "text": "have the number one rated ASIC repair"}, {"start": "00:39:11", "end": "00:39:16", "text": "center. And for the first 12 months,"}, {"start": "00:39:13", "end": "00:39:17", "text": "repairs are included. If mining margins"}, {"start": "00:39:16", "end": "00:39:19", "text": "get tight, you can pause with no"}, {"start": "00:39:17", "end": "00:39:20", "text": "penalties. And if you want to resize or"}, {"start": "00:39:19", "end": "00:39:22", "text": "upgrade your fleet, there's a"}, {"start": "00:39:20", "end": "00:39:24", "text": "marketplace to resell equipment instead"}, {"start": "00:39:22", "end": "00:39:25", "text": "of being stuck. To help people think it"}, {"start": "00:39:24", "end": "00:39:27", "text": "through whether mining actually makes"}, {"start": "00:39:25", "end": "00:39:29", "text": "sense right now, they put together a"}, {"start": "00:39:27", "end": "00:39:31", "text": "short resource called the [music] 2026"}, {"start": "00:39:29", "end": "00:39:32", "text": "Bitcoin mining blueprint. It walks"}, {"start": "00:39:31", "end": "00:39:34", "text": "through the five mistakes investors make"}, {"start": "00:39:32", "end": "00:39:36", "text": "when allocating to mining and they also"}, {"start": "00:39:34", "end": "00:39:37", "text": "explain how to avoid them before"}, {"start": "00:39:36", "end": "00:39:39", "text": "deploying capital. If it sounds"}, {"start": "00:39:37", "end": "00:39:42", "text": "interesting to you, you can get it for"}, {"start": "00:39:39", "end": "00:39:44", "text": "free at simplemining.io/p."}, {"start": "00:39:42", "end": "00:39:46", "text": "That's simplemining.io/p."}, {"start": "00:39:44", "end": "00:39:47", "text": "[music]"}, {"start": "00:39:46", "end": "00:39:50", "text": "Go check it out today and see if you"}, {"start": "00:39:47", "end": "00:39:51", "text": "should get into the mining game."}, {"start": "00:39:50", "end": "00:39:54", "text": "If they raise rates, I will understand"}, {"start": "00:39:51", "end": "00:39:56", "text": "why. If I'm a betting man, there is a"}, {"start": "00:39:54", "end": "00:39:59", "text": "negative% chance they're cutting or"}, {"start": "00:39:56", "end": "00:40:01", "text": "they're raising rates. And it all falls"}, {"start": "00:39:59", "end": "00:40:02", "text": "down to we are going to learn a lesson"}, {"start": "00:40:01", "end": "00:40:05", "text": "that we have learned in the past, which"}, {"start": "00:40:02", "end": "00:40:08", "text": "is the Fed is not independent."}, {"start": "00:40:05", "end": "00:40:11", "text": "And the same reason that Jerome Powell"}, {"start": "00:40:08", "end": "00:40:12", "text": "cut rates right before the election is"}, {"start": "00:40:11", "end": "00:40:14", "text": "going to be the same reason why I don't"}, {"start": "00:40:12", "end": "00:40:18", "text": "think Kevin War's going to raise rates"}, {"start": "00:40:14", "end": "00:40:22", "text": "right now. And if you have a job, you"}, {"start": "00:40:18", "end": "00:40:24", "text": "got a boss. And if you got a boss,"}, {"start": "00:40:22", "end": "00:40:27", "text": "you may say you're independent, but you"}, {"start": "00:40:24", "end": "00:40:30", "text": "kind of listen. You may even argue back,"}, {"start": "00:40:27", "end": "00:40:32", "text": "but the message kind of gets through."}, {"start": "00:40:30", "end": "00:40:34", "text": "And so, let's see, right? But if they"}, {"start": "00:40:32", "end": "00:40:36", "text": "raise rates, I will understand. I I"}, {"start": "00:40:34", "end": "00:40:37", "text": "think that the data is, you know, kind"}, {"start": "00:40:36", "end": "00:40:39", "text": "of iffy and there probably is going to"}, {"start": "00:40:37", "end": "00:40:42", "text": "be some disagreement on and there has"}, {"start": "00:40:39", "end": "00:40:45", "text": "been disagreement at the FOMC, but I do"}, {"start": "00:40:42", "end": "00:40:48", "text": "think that the politics of it all is uh"}, {"start": "00:40:45", "end": "00:40:49", "text": "heavily mispriced or misallocated in"}, {"start": "00:40:48", "end": "00:40:50", "text": "terms of its importance."}, {"start": "00:40:49", "end": "00:40:53", "text": ">> So, let's go let's go back this way"}, {"start": "00:40:50", "end": "00:40:55", "text": "because I I again, let's say there's"}, {"start": "00:40:53", "end": "00:40:58", "text": "three possibilities. There's the the"}, {"start": "00:40:55", "end": "00:40:59", "text": "Trump pressure one. Doesn't raise."}, {"start": "00:40:58", "end": "00:41:01", "text": ">> Okay."}, {"start": "00:40:59", "end": "00:41:03", "text": ">> There's the"}, {"start": "00:41:01", "end": "00:41:04", "text": "Okay, fine. I'm going to raise, but I'm"}, {"start": "00:41:03", "end": "00:41:04", "text": "also going to be dovish."}, {"start": "00:41:04", "end": "00:41:06", "text": ">> Mhm."}, {"start": "00:41:04", "end": "00:41:07", "text": ">> And then there's the third one, which is"}, {"start": "00:41:06", "end": "00:41:09", "text": "I'm going to raise and be hawkish. Oh,"}, {"start": "00:41:07", "end": "00:41:11", "text": ">> there's a fourth. What if he cuts?"}, {"start": "00:41:09", "end": "00:41:12", "text": ">> Okay, let's leave that one alone. We'll"}, {"start": "00:41:11", "end": "00:41:13", "text": "put that at zero."}, {"start": "00:41:12", "end": "00:41:14", "text": ">> Bitcoin to a million."}, {"start": "00:41:13", "end": "00:41:17", "text": "Um, [laughter]"}, {"start": "00:41:14", "end": "00:41:19", "text": "I I think if I was going to say then if"}, {"start": "00:41:17", "end": "00:41:21", "text": "though if we I think you can take one"}, {"start": "00:41:19", "end": "00:41:22", "text": "and two and and put them together"}, {"start": "00:41:21", "end": "00:41:26", "text": "because I think a hike with a dovish"}, {"start": "00:41:22", "end": "00:41:27", "text": "message is the same as in fact I"}, {"start": "00:41:26", "end": "00:41:31", "text": "actually think it might be better for"}, {"start": "00:41:27", "end": "00:41:33", "text": "the market than not hiking because to"}, {"start": "00:41:31", "end": "00:41:35", "text": "your point I think the Fed credibility"}, {"start": "00:41:33", "end": "00:41:37", "text": "thing will become an issue and the"}, {"start": "00:41:35", "end": "00:41:38", "text": "question is what does that mean? Now, if"}, {"start": "00:41:37", "end": "00:41:40", "text": "the dollar falls off and everyone goes"}, {"start": "00:41:38", "end": "00:41:43", "text": "through this, fine. But if rates shoot"}, {"start": "00:41:40", "end": "00:41:46", "text": "higher because he doesn't cut because he"}, {"start": "00:41:43", "end": "00:41:47", "text": "doesn't raise, I I think that might be a"}, {"start": "00:41:46", "end": "00:41:50", "text": "bigger issue. But let's assume that the"}, {"start": "00:41:47", "end": "00:41:53", "text": "first two are the I mean, I'm guessing"}, {"start": "00:41:50", "end": "00:41:57", "text": "that those are 90% when combined. I"}, {"start": "00:41:53", "end": "00:41:58", "text": "don't think I don't think raising rates"}, {"start": "00:41:57", "end": "00:41:59", "text": "with a hawkish message."}, {"start": "00:41:58", "end": "00:42:01", "text": ">> Yeah, I don't think that's"}, {"start": "00:41:59", "end": "00:42:02", "text": ">> I I don't think it is either based on"}, {"start": "00:42:01", "end": "00:42:03", "text": "the data that we've had over since the"}, {"start": "00:42:02", "end": "00:42:04", "text": "last meeting."}, {"start": "00:42:03", "end": "00:42:06", "text": ">> I don't think it is strategic for them."}, {"start": "00:42:04", "end": "00:42:07", "text": "I don't think the data supports it, nor"}, {"start": "00:42:06", "end": "00:42:08", "text": "do I think that's what they want to"}, {"start": "00:42:07", "end": "00:42:09", "text": "[clears throat] do. Correct. Right. So,"}, {"start": "00:42:08", "end": "00:42:12", "text": "it's like you're kind of three strikes"}, {"start": "00:42:09", "end": "00:42:13", "text": "you're out on that. Um, it's an"}, {"start": "00:42:12", "end": "00:42:16", "text": "interesting way to think about maybe"}, {"start": "00:42:13", "end": "00:42:17", "text": "raising and being dovish is the same as"}, {"start": "00:42:16", "end": "00:42:19", "text": "just leaving. Um, but you may get an"}, {"start": "00:42:17", "end": "00:42:21", "text": "advantage from it. Um,"}, {"start": "00:42:19", "end": "00:42:22", "text": ">> let's see. But, you know, I don't know"}, {"start": "00:42:21", "end": "00:42:26", "text": "if you got the message. Uh, we are the"}, {"start": "00:42:22", "end": "00:42:26", "text": "house now. [laughter]"}, {"start": "00:42:26", "end": "00:42:30", "text": ">> I mean, did you hear his uh his"}, {"start": "00:42:28", "end": "00:42:30", "text": "commentary uh this morning?"}, {"start": "00:42:30", "end": "00:42:31", "text": ">> No."}, {"start": "00:42:30", "end": "00:42:35", "text": ">> Or maybe it was late last night, but it"}, {"start": "00:42:31", "end": "00:42:38", "text": "was all over uh X today. He went on uh"}, {"start": "00:42:35", "end": "00:42:40", "text": "Steve Bannon's war room of all places"}, {"start": "00:42:38", "end": "00:42:42", "text": ">> and he said, \"If the uh Bloomberg"}, {"start": "00:42:40", "end": "00:42:43", "text": "terminal bros are upset with me, then so"}, {"start": "00:42:42", "end": "00:42:44", "text": "be it.\""}, {"start": "00:42:43", "end": "00:42:46", "text": ">> And he's just like, \"Look, I'm going to"}, {"start": "00:42:44", "end": "00:42:50", "text": "do what I'm going to do. I kind of don't"}, {"start": "00:42:46", "end": "00:42:52", "text": "care.\" But uh whether it is the uh uh"}, {"start": "00:42:50", "end": "00:42:54", "text": "commentary around the Edmonton"}, {"start": "00:42:52", "end": "00:42:56", "text": "submarines when he was talking about"}, {"start": "00:42:54", "end": "00:42:58", "text": "Canada, the Bloomberg terminal bros, I"}, {"start": "00:42:56", "end": "00:42:59", "text": "mean, this guy is a all-time"}, {"start": "00:42:58", "end": "00:43:01", "text": "communicator. And I think that he's been"}, {"start": "00:42:59", "end": "00:43:03", "text": "uh rubbing shoulders with Trump for a"}, {"start": "00:43:01", "end": "00:43:05", "text": "while now cuz he is definitely finding"}, {"start": "00:43:03", "end": "00:43:09", "text": "his uh you know his voice if you will."}, {"start": "00:43:05", "end": "00:43:11", "text": ">> I I I mean"}, {"start": "00:43:09", "end": "00:43:13", "text": "I I lived in the world of Wall Street."}, {"start": "00:43:11", "end": "00:43:16", "text": "I've known Scott Pesson a long time or"}, {"start": "00:43:13", "end": "00:43:18", "text": "at least known of him a long time and I"}, {"start": "00:43:16", "end": "00:43:19", "text": "have had many many people talk to me"}, {"start": "00:43:18", "end": "00:43:20", "text": "about him. The same thing with Kevin"}, {"start": "00:43:19", "end": "00:43:22", "text": "Walsh."}, {"start": "00:43:20", "end": "00:43:25", "text": ">> Um work with many people who worked for"}, {"start": "00:43:22", "end": "00:43:27", "text": "them, been around them. This is not the"}, {"start": "00:43:25", "end": "00:43:29", "text": "Scott Bessant that"}, {"start": "00:43:27", "end": "00:43:30", "text": ">> he was not an elite talker forever."}, {"start": "00:43:29", "end": "00:43:33", "text": "[laughter]"}, {"start": "00:43:30", "end": "00:43:34", "text": ">> I mean, I I remember before he got the"}, {"start": "00:43:33", "end": "00:43:37", "text": "before he got the job when we were"}, {"start": "00:43:34", "end": "00:43:38", "text": "talking about if he got the job, a lot"}, {"start": "00:43:37", "end": "00:43:40", "text": "of people were saying I don't know if"}, {"start": "00:43:38", "end": "00:43:42", "text": "he'd be able to handle which Trump's"}, {"start": "00:43:40", "end": "00:43:42", "text": "going to go. I think actually he's"}, {"start": "00:43:42", "end": "00:43:45", "text": "incredible."}, {"start": "00:43:42", "end": "00:43:48", "text": ">> He's become in many ways. So that's why"}, {"start": "00:43:45", "end": "00:43:49", "text": "I I do agree with you that and it's the"}, {"start": "00:43:48", "end": "00:43:52", "text": "reason why I think when people are"}, {"start": "00:43:49", "end": "00:43:57", "text": "challenging like rates, it's not that"}, {"start": "00:43:52", "end": "00:44:00", "text": "I 10ear rates to me"}, {"start": "00:43:57", "end": "00:44:02", "text": "should be 200 basis points higher. Okay."}, {"start": "00:44:00", "end": "00:44:05", "text": "Now, that is not what the administration"}, {"start": "00:44:02", "end": "00:44:08", "text": "wants and it's not what the Fed wants"}, {"start": "00:44:05", "end": "00:44:11", "text": "either. And I say that based on well,"}, {"start": "00:44:08", "end": "00:44:13", "text": "what's the the point that we'd actually"}, {"start": "00:44:11", "end": "00:44:14", "text": "be restrictive on the economy? And I"}, {"start": "00:44:13", "end": "00:44:16", "text": "think tenure rates need to be"}, {"start": "00:44:14", "end": "00:44:19", "text": "significantly higher to be restrictive."}, {"start": "00:44:16", "end": "00:44:21", "text": "In the past,"}, {"start": "00:44:19", "end": "00:44:24", "text": "tenure rates were about 200 basis points"}, {"start": "00:44:21", "end": "00:44:26", "text": "above nominal GDP. Well, nominal GDP is"}, {"start": "00:44:24", "end": "00:44:28", "text": "6%. So, theoretically, you should be"}, {"start": "00:44:26", "end": "00:44:32", "text": "eight. Now, that all changed in 1997."}, {"start": "00:44:28", "end": "00:44:34", "text": "And in 1997, we went below during the"}, {"start": "00:44:32", "end": "00:44:36", "text": "Asian financial crisis, and we never got"}, {"start": "00:44:34", "end": "00:44:38", "text": "back above except for periods of time"}, {"start": "00:44:36", "end": "00:44:40", "text": "when nominal GDP collapsed during"}, {"start": "00:44:38", "end": "00:44:42", "text": "recessions. When nominal GDP was stable,"}, {"start": "00:44:40", "end": "00:44:44", "text": "tenure rates were always below it. The"}, {"start": "00:44:42", "end": "00:44:46", "text": "reason I say it should be above it,"}, {"start": "00:44:44", "end": "00:44:48", "text": "well, we no longer are depend. This"}, {"start": "00:44:46", "end": "00:44:49", "text": "economy is not dependent on autos and"}, {"start": "00:44:48", "end": "00:44:51", "text": "housing. Like I can't say loud enough to"}, {"start": "00:44:49", "end": "00:44:52", "text": "people, this is not an interest rate"}, {"start": "00:44:51", "end": "00:44:54", "text": "sensitive market."}, {"start": "00:44:52", "end": "00:44:57", "text": ">> If rates at higher level, everyone that"}, {"start": "00:44:54", "end": "00:45:00", "text": "has cash is getting more money in their"}, {"start": "00:44:57", "end": "00:45:02", "text": "bank account. And so we're just at a"}, {"start": "00:45:00", "end": "00:45:03", "text": "point of time where transfer payments"}, {"start": "00:45:02", "end": "00:45:05", "text": "are huge, meaning the government is"}, {"start": "00:45:03", "end": "00:45:07", "text": "handing out money to people that don't"}, {"start": "00:45:05", "end": "00:45:09", "text": "have enough money. And then at the on"}, {"start": "00:45:07", "end": "00:45:11", "text": "the other side, the AI trade has nothing"}, {"start": "00:45:09", "end": "00:45:13", "text": "to do with tenure rates at this point."}, {"start": "00:45:11", "end": "00:45:15", "text": "And I can't say this loud enough to"}, {"start": "00:45:13", "end": "00:45:17", "text": "everyone who listens to doomers and all"}, {"start": "00:45:15", "end": "00:45:19", "text": "this stuff. Well, they need to go borrow"}, {"start": "00:45:17", "end": "00:45:22", "text": "money."}, {"start": "00:45:19", "end": "00:45:24", "text": "That's ridiculous. I mean, it really is"}, {"start": "00:45:22", "end": "00:45:26", "text": "ridiculous. I am uh the unofficial"}, {"start": "00:45:24", "end": "00:45:30", "text": "president of uh the Scott Besson fan"}, {"start": "00:45:26", "end": "00:45:32", "text": "club. And um you know, uh Mr. Treasury"}, {"start": "00:45:30", "end": "00:45:34", "text": "Secretary, if you're watching this, uh"}, {"start": "00:45:32", "end": "00:45:36", "text": "talk your I I love it. I I think"}, {"start": "00:45:34", "end": "00:45:38", "text": "it's amazing. I think that uh he does"}, {"start": "00:45:36", "end": "00:45:40", "text": "calm the market compared to, you know,"}, {"start": "00:45:38", "end": "00:45:42", "text": "Trump's kind of erratic uh craziness"}, {"start": "00:45:40", "end": "00:45:44", "text": "sometimes. And uh I actually think that"}, {"start": "00:45:42", "end": "00:45:46", "text": "they are a pretty good duo because it's"}, {"start": "00:45:44", "end": "00:45:46", "text": "kind of like carrot and stick to a"}, {"start": "00:45:46", "end": "00:45:48", "text": "degree. Yep."}, {"start": "00:45:46", "end": "00:45:50", "text": ">> Although Besson maybe is, you know, he's"}, {"start": "00:45:48", "end": "00:45:54", "text": "developing a stick um in that he is the"}, {"start": "00:45:50", "end": "00:45:55", "text": "house now. Um but if you go and you look"}, {"start": "00:45:54", "end": "00:45:59", "text": "at the other side of this maybe kind of"}, {"start": "00:45:55", "end": "00:46:01", "text": "private sector, you know, um man, they"}, {"start": "00:45:59", "end": "00:46:03", "text": "really need the entrepreneurs and the AI"}, {"start": "00:46:01", "end": "00:46:06", "text": "companies and you know, uh the data"}, {"start": "00:46:03", "end": "00:46:09", "text": "centers, etc. perform and in a very"}, {"start": "00:46:06", "end": "00:46:12", "text": "weird way there's an unofficial public"}, {"start": "00:46:09", "end": "00:46:13", "text": "private partnership that is attacking"}, {"start": "00:46:12", "end": "00:46:16", "text": "the problems of the US economy"}, {"start": "00:46:13", "end": "00:46:19", "text": ">> and the private sector is doing a damn"}, {"start": "00:46:16", "end": "00:46:21", "text": "good job of getting this technology out"}, {"start": "00:46:19", "end": "00:46:23", "text": "creating you know uh jobs and growth and"}, {"start": "00:46:21", "end": "00:46:25", "text": "productivity and revenue and earnings"}, {"start": "00:46:23", "end": "00:46:27", "text": "growth and like all the things that"}, {"start": "00:46:25", "end": "00:46:29", "text": "actually are providing a lot of uh"}, {"start": "00:46:27", "end": "00:46:31", "text": "relief for the Treasury Secretary the"}, {"start": "00:46:29", "end": "00:46:33", "text": "Fed you know they would be in a much"}, {"start": "00:46:31", "end": "00:46:34", "text": "more dire situation if they did not have"}, {"start": "00:46:33", "end": "00:46:36", "text": "the productivity gain and the technology"}, {"start": "00:46:34", "end": "00:46:40", "text": "innovation that's happening. And so I"}, {"start": "00:46:36", "end": "00:46:42", "text": "think that the macro people really focus"}, {"start": "00:46:40", "end": "00:46:44", "text": "on like reading the tea leaves and you"}, {"start": "00:46:42", "end": "00:46:46", "text": "know kind of playing the you know um"}, {"start": "00:46:44", "end": "00:46:47", "text": "astrology for men game of like what are"}, {"start": "00:46:46", "end": "00:46:48", "text": "they going to say? What are they going"}, {"start": "00:46:47", "end": "00:46:48", "text": "to do?"}, {"start": "00:46:48", "end": "00:46:51", "text": ">> Mhm."}, {"start": "00:46:48", "end": "00:46:54", "text": ">> But damn that private sector is rocking"}, {"start": "00:46:51", "end": "00:46:55", "text": "and when you look at it holistically I"}, {"start": "00:46:54", "end": "00:46:56", "text": "don't know. It's pretty hard to be"}, {"start": "00:46:55", "end": "00:46:58", "text": "bearish."}, {"start": "00:46:56", "end": "00:47:01", "text": ">> Well here's here's the thing you said"}, {"start": "00:46:58", "end": "00:47:03", "text": "that I think people should um keep in"}, {"start": "00:47:01", "end": "00:47:04", "text": "mind. So, let's just say you've got"}, {"start": "00:47:03", "end": "00:47:07", "text": "Trump and you've got Besson and we're"}, {"start": "00:47:04", "end": "00:47:09", "text": "saying that they're aligned in their"}, {"start": "00:47:07", "end": "00:47:11", "text": "thinking at this point. Okay, great."}, {"start": "00:47:09", "end": "00:47:14", "text": "Besson also said this week the [snorts]"}, {"start": "00:47:11", "end": "00:47:16", "text": "US cannot lose the AI race to China. So,"}, {"start": "00:47:14", "end": "00:47:17", "text": "when you're betting against AI or you're"}, {"start": "00:47:16", "end": "00:47:20", "text": "saying I think it's a bubble and go and"}, {"start": "00:47:17", "end": "00:47:24", "text": "like okay, you're betting against Besson"}, {"start": "00:47:20", "end": "00:47:25", "text": "and Trump who are literally saying we're"}, {"start": "00:47:24", "end": "00:47:27", "text": "going to win the race with China because"}, {"start": "00:47:25", "end": "00:47:31", "text": "it's too important. At the same time,"}, {"start": "00:47:27", "end": "00:47:33", "text": "every AI person is in direct"}, {"start": "00:47:31", "end": "00:47:35", "text": "conversation with the White House."}, {"start": "00:47:33", "end": "00:47:36", "text": ">> They have rooms at the White House. They"}, {"start": "00:47:35", "end": "00:47:37", "text": "literally live at the White House."}, {"start": "00:47:36", "end": "00:47:38", "text": ">> Exactly."}, {"start": "00:47:37", "end": "00:47:38", "text": ">> These [laughter] dudes are there every"}, {"start": "00:47:38", "end": "00:47:40", "text": "week."}, {"start": "00:47:38", "end": "00:47:42", "text": ">> Yeah. And and you can call it what do"}, {"start": "00:47:40", "end": "00:47:44", "text": "you want inside? I really don't care."}, {"start": "00:47:42", "end": "00:47:45", "text": "But why would you bet against this? Like"}, {"start": "00:47:44", "end": "00:47:47", "text": "why would you be fighting against it?"}, {"start": "00:47:45", "end": "00:47:50", "text": "Now, there's one other person that"}, {"start": "00:47:47", "end": "00:47:53", "text": "matters. Kevin Worsh. They not only"}, {"start": "00:47:50", "end": "00:47:56", "text": "chose Kevin Worsh, they in his"}, {"start": "00:47:53", "end": "00:48:00", "text": "testimonies. First of all, he's pro"}, {"start": "00:47:56", "end": "00:48:04", "text": "crypto, pro Bitcoin, he also believes in"}, {"start": "00:48:00", "end": "00:48:07", "text": "what Greenspan did and believes that AI"}, {"start": "00:48:04", "end": "00:48:08", "text": "is a changing technology to where the"}, {"start": "00:48:07", "end": "00:48:09", "text": "Fed has to change."}, {"start": "00:48:08", "end": "00:48:11", "text": ">> Mhm."}, {"start": "00:48:09", "end": "00:48:14", "text": ">> So, when you put it all together, the"}, {"start": "00:48:11", "end": "00:48:16", "text": "people who are bearish, number one, they"}, {"start": "00:48:14", "end": "00:48:18", "text": "seem to be betting against AI. And I'm"}, {"start": "00:48:16", "end": "00:48:19", "text": "telling you, they don't use it. If you"}, {"start": "00:48:18", "end": "00:48:20", "text": "want to be bearish because you think"}, {"start": "00:48:19", "end": "00:48:22", "text": "it's going to end the human race, I get"}, {"start": "00:48:20", "end": "00:48:24", "text": "it. Like that is I don't get that. Okay,"}, {"start": "00:48:22", "end": "00:48:26", "text": "but that's fine. If you want to do that,"}, {"start": "00:48:24", "end": "00:48:28", "text": "the reason I say I get it, they're"}, {"start": "00:48:26", "end": "00:48:29", "text": "basing it on the fact that AI is getting"}, {"start": "00:48:28", "end": "00:48:29", "text": "too strong."}, {"start": "00:48:29", "end": "00:48:30", "text": ">> Mhm."}, {"start": "00:48:29", "end": "00:48:31", "text": ">> If [clears throat] you want to"}, {"start": "00:48:30", "end": "00:48:34", "text": ">> They're like but they're almost bullish"}, {"start": "00:48:31", "end": "00:48:35", "text": "on AI and they're like they're the most"}, {"start": "00:48:34", "end": "00:48:35", "text": "bullish people."}, {"start": "00:48:35", "end": "00:48:36", "text": ">> Yeah."}, {"start": "00:48:35", "end": "00:48:38", "text": ">> It's cuz they're the ones who think that"}, {"start": "00:48:36", "end": "00:48:40", "text": "it's going to be so good that it gets"}, {"start": "00:48:38", "end": "00:48:42", "text": "out of control. If you want to bet"}, {"start": "00:48:40", "end": "00:48:45", "text": "against it because of the arguments of"}, {"start": "00:48:42", "end": "00:48:50", "text": "Michael Bur and Jim Chenos from a year"}, {"start": "00:48:45", "end": "00:48:53", "text": "ago, a year ago, where they said this is"}, {"start": "00:48:50", "end": "00:48:57", "text": "a bubble because they're saying these"}, {"start": "00:48:53", "end": "00:49:00", "text": "chips will have a lifespan of it's not"}, {"start": "00:48:57", "end": "00:49:02", "text": "there's no way. Well, the H100s,"}, {"start": "00:49:00", "end": "00:49:04", "text": "go look at the price that's happened"}, {"start": "00:49:02", "end": "00:49:07", "text": "year-over-year. They're higher than they"}, {"start": "00:49:04", "end": "00:49:09", "text": "were back then. So that is like saying"}, {"start": "00:49:07", "end": "00:49:11", "text": "that people get younger every year"}, {"start": "00:49:09", "end": "00:49:13", "text": "because there's a depreciation on this"}, {"start": "00:49:11", "end": "00:49:15", "text": "stuff. So when Gavin Baker, and I'll be"}, {"start": "00:49:13", "end": "00:49:17", "text": "covering this, like when Gavin Baker"}, {"start": "00:49:15", "end": "00:49:20", "text": "goes in there and says, \"Do you realize"}, {"start": "00:49:17", "end": "00:49:22", "text": "that everyone that owns these chips"}, {"start": "00:49:20", "end": "00:49:26", "text": "running"}, {"start": "00:49:22", "end": "00:49:29", "text": "basic a data center, the compute prices"}, {"start": "00:49:26", "end": "00:49:32", "text": "today that they can sell at those things"}, {"start": "00:49:29", "end": "00:49:34", "text": "is higher than they were a year ago. And"}, {"start": "00:49:32", "end": "00:49:37", "text": "these chips are costing more. So if"}, {"start": "00:49:34", "end": "00:49:41", "text": "people want So they basically bought"}, {"start": "00:49:37", "end": "00:49:43", "text": "food a year ago before an inflationary"}, {"start": "00:49:41", "end": "00:49:45", "text": "spike and they're able to market these"}, {"start": "00:49:43", "end": "00:49:46", "text": "at higher prices cuz all the other"}, {"start": "00:49:45", "end": "00:49:49", "text": "restaurants right now are charging"}, {"start": "00:49:46", "end": "00:49:51", "text": "higher. So if people don't understand"}, {"start": "00:49:49", "end": "00:49:53", "text": "what that means and Gavin Baker talked"}, {"start": "00:49:51", "end": "00:49:56", "text": "about it, he [snorts] believes that the"}, {"start": "00:49:53", "end": "00:49:57", "text": "cloud providers, so the guys that are"}, {"start": "00:49:56", "end": "00:50:00", "text": "spending all the money and taking all"}, {"start": "00:49:57", "end": "00:50:02", "text": "the debt out, he said on Patrick Oshan's"}, {"start": "00:50:00", "end": "00:50:05", "text": "podcast a month ago, and that was a"}, {"start": "00:50:02", "end": "00:50:08", "text": "month ago, H100s are higher than even"}, {"start": "00:50:05", "end": "00:50:09", "text": "when they were back then, that you'll be"}, {"start": "00:50:08", "end": "00:50:12", "text": "shocked at how quickly the cloud"}, {"start": "00:50:09", "end": "00:50:13", "text": "providers will start to have profits"}, {"start": "00:50:12", "end": "00:50:16", "text": "coming through, not just from new data"}, {"start": "00:50:13", "end": "00:50:18", "text": "centers coming out, but from the fact"}, {"start": "00:50:16", "end": "00:50:20", "text": "that the compute prices that they can"}, {"start": "00:50:18", "end": "00:50:22", "text": "charge are higher and their costs are"}, {"start": "00:50:20", "end": "00:50:25", "text": "actually lower on the existing stuff"}, {"start": "00:50:22", "end": "00:50:27", "text": "they have. There's so much in this that"}, {"start": "00:50:25", "end": "00:50:29", "text": "again you've got the administration"}, {"start": "00:50:27", "end": "00:50:32", "text": "saying we're not going to let this not"}, {"start": "00:50:29", "end": "00:50:33", "text": "happen. You have Worsh Bessant Trump"}, {"start": "00:50:32", "end": "00:50:36", "text": "aligned on the same thing believing in"}, {"start": "00:50:33", "end": "00:50:39", "text": "AI and believing in crypto and you have"}, {"start": "00:50:36", "end": "00:50:42", "text": "market participants that manage lots of"}, {"start": "00:50:39", "end": "00:50:44", "text": "money all the world's money worried"}, {"start": "00:50:42", "end": "00:50:46", "text": "about things in a linear fashion. The"}, {"start": "00:50:44", "end": "00:50:48", "text": "reason the market isn't higher is"}, {"start": "00:50:46", "end": "00:50:50", "text": "because of the worries people have. No"}, {"start": "00:50:48", "end": "00:50:52", "text": "question about it. And I want to end"}, {"start": "00:50:50", "end": "00:50:53", "text": "with one more thing on this that I I"}, {"start": "00:50:52", "end": "00:50:56", "text": "started talking to people about this"}, {"start": "00:50:53", "end": "00:50:59", "text": "week. The beauty of Bitcoin at this"}, {"start": "00:50:56", "end": "00:51:01", "text": "point is this magical number for me of"}, {"start": "00:50:59", "end": "00:51:04", "text": "$2 trillion."}, {"start": "00:51:01", "end": "00:51:05", "text": "So Bitcoin's around a $2 trillion asset."}, {"start": "00:51:04", "end": "00:51:06", "text": "You know what else is around a $2"}, {"start": "00:51:05", "end": "00:51:08", "text": "trillion asset?"}, {"start": "00:51:06", "end": "00:51:11", "text": ">> Your bank account."}, {"start": "00:51:08", "end": "00:51:11", "text": ">> SpaceX."}, {"start": "00:51:11", "end": "00:51:15", "text": "Anthropic."}, {"start": "00:51:12", "end": "00:51:16", "text": "And I think after Astra, I think open"}, {"start": "00:51:15", "end": "00:51:18", "text": "people are probably missing the boat on"}, {"start": "00:51:16", "end": "00:51:20", "text": "OpenAI at this point. Let's assume"}, {"start": "00:51:18", "end": "00:51:22", "text": "they're all worth two trillion. Isn't"}, {"start": "00:51:20", "end": "00:51:24", "text": "that an interesting part of where the"}, {"start": "00:51:22", "end": "00:51:26", "text": "market is? You have [snorts] four"}, {"start": "00:51:24", "end": "00:51:28", "text": "things."}, {"start": "00:51:26", "end": "00:51:31", "text": "None of them make money. And I throw"}, {"start": "00:51:28", "end": "00:51:33", "text": "Bitcoin into it. Doesn't make money."}, {"start": "00:51:31", "end": "00:51:34", "text": "These other three, let's assume they're"}, {"start": "00:51:33", "end": "00:51:36", "text": "two trillion. They don't make money at"}, {"start": "00:51:34", "end": "00:51:38", "text": "this point. They're spending the two"}, {"start": "00:51:36", "end": "00:51:40", "text": "companies that have, you know, their ARR"}, {"start": "00:51:38", "end": "00:51:42", "text": "looks great. They're spending a lot more"}, {"start": "00:51:40", "end": "00:51:45", "text": "money than their monthly number. and"}, {"start": "00:51:42", "end": "00:51:48", "text": "SpaceX. It's it's a thing based on time."}, {"start": "00:51:45", "end": "00:51:51", "text": "That is $8 trillion worth of things that"}, {"start": "00:51:48", "end": "00:51:53", "text": "in my opinion are so important to the"}, {"start": "00:51:51", "end": "00:51:56", "text": "future. And people are still talking"}, {"start": "00:51:53", "end": "00:51:59", "text": "about the level of the Fed funds rate"}, {"start": "00:51:56", "end": "00:52:01", "text": "and oil. You are not adapting to where"}, {"start": "00:51:59", "end": "00:52:04", "text": "the world is today. You are still left"}, {"start": "00:52:01", "end": "00:52:06", "text": "in a world of 20 years ago. I won't even"}, {"start": "00:52:04", "end": "00:52:09", "text": "say 10 because you have to go back"}, {"start": "00:52:06", "end": "00:52:11", "text": "before the iPhone. You have to go back"}, {"start": "00:52:09", "end": "00:52:13", "text": "before the iPhone because all of this"}, {"start": "00:52:11", "end": "00:52:14", "text": "stuff should have been washed from"}, {"start": "00:52:13", "end": "00:52:16", "text": "people. It's the reason why I tell the"}, {"start": "00:52:14", "end": "00:52:19", "text": "story all the time. I went to Silicon"}, {"start": "00:52:16", "end": "00:52:24", "text": "Valley in 2013 to answer the question,"}, {"start": "00:52:19", "end": "00:52:26", "text": "how can Amazon up be up 17,000%"}, {"start": "00:52:24", "end": "00:52:28", "text": "since 1997? Yes, I want to say that to"}, {"start": "00:52:26", "end": "00:52:32", "text": "everyone. The stock at that time when I"}, {"start": "00:52:28", "end": "00:52:32", "text": "went there was up 17,000%."}, {"start": "00:52:33", "end": "00:52:38", "text": "And it still was really not making"}, {"start": "00:52:35", "end": "00:52:40", "text": "money. Now, it was in 2013, but it"}, {"start": "00:52:38", "end": "00:52:42", "text": "wasn't really in 20 in 2008. And I went"}, {"start": "00:52:40", "end": "00:52:44", "text": "out there cuz I'm like, how can this"}, {"start": "00:52:42", "end": "00:52:47", "text": "thing always make new highs after it"}, {"start": "00:52:44", "end": "00:52:49", "text": "falls down? It's a bubble. It can't"}, {"start": "00:52:47", "end": "00:52:51", "text": "possibly be real on the metrics that I"}, {"start": "00:52:49", "end": "00:52:53", "text": "know. How can this be real? And I went"}, {"start": "00:52:51", "end": "00:52:55", "text": "there and Singularity University changed"}, {"start": "00:52:53", "end": "00:52:57", "text": "my life. And I never thought of the"}, {"start": "00:52:55", "end": "00:52:58", "text": "world that way. You have to go back."}, {"start": "00:52:57", "end": "00:53:00", "text": "These people are telling you the world"}, {"start": "00:52:58", "end": "00:53:02", "text": "is going to end. That's the reason they"}, {"start": "00:53:00", "end": "00:53:04", "text": "go back to the.com bubble because it's"}, {"start": "00:53:02", "end": "00:53:06", "text": "the only period before technology"}, {"start": "00:53:04", "end": "00:53:08", "text": "actually was working when they can find"}, {"start": "00:53:06", "end": "00:53:11", "text": "a time in history where okay, this is a"}, {"start": "00:53:08", "end": "00:53:13", "text": "bubble. I will hope that those people"}, {"start": "00:53:11", "end": "00:53:16", "text": "have a great day. I hope that they uh"}, {"start": "00:53:13", "end": "00:53:18", "text": "enjoy themselves. I feel bad for their"}, {"start": "00:53:16", "end": "00:53:20", "text": "children's portfolios uh cuz it's"}, {"start": "00:53:18", "end": "00:53:22", "text": "probably not going to work out for them."}, {"start": "00:53:20", "end": "00:53:24", "text": "Make sure you subscribe to Jord's"}, {"start": "00:53:22", "end": "00:53:26", "text": "YouTube page. Go to Jordiv Visser on"}, {"start": "00:53:24", "end": "00:53:27", "text": "YouTube. And uh if you have not yet"}, {"start": "00:53:26", "end": "00:53:30", "text": "signed up for Sylvia, go to"}, {"start": "00:53:27", "end": "00:53:32", "text": "cfosilia.com. We'd love to have you. You"}, {"start": "00:53:30", "end": "00:53:34", "text": "can uh use the latest greatest AI"}, {"start": "00:53:32", "end": "00:53:35", "text": "technology. It won't kill you. It'll"}, {"start": "00:53:34", "end": "00:53:38", "text": "help your portfolio. Go check it out at"}, {"start": "00:53:35", "end": "00:53:38", "text": "cfosilia.com."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Before you win,"}, {"start": "00:00:02", "end": "00:00:07", "text": "everyone will [music] ask you, \"Why are"}, {"start": "00:00:04", "end": "00:00:09", "text": "you working so hard?\""}, {"start": "00:00:07", "end": "00:00:11", "text": "And after you win, everyone [music]"}, {"start": "00:00:09", "end": "00:00:13", "text": "will remind you,"}, {"start": "00:00:11", "end": "00:00:17", "text": "\"You got lucky.\""}, {"start": "00:00:13", "end": "00:00:18", "text": "You see, the thing is, first they doubt."}, {"start": "00:00:17", "end": "00:00:21", "text": "Before the victory, [music]"}, {"start": "00:00:18", "end": "00:00:24", "text": "your hard work will not make any sense"}, {"start": "00:00:21", "end": "00:00:27", "text": "to most [music] people. They'll ask you,"}, {"start": "00:00:24", "end": "00:00:29", "text": "\"Why are you actually trying so hard?"}, {"start": "00:00:27", "end": "00:00:31", "text": "Why can't [music] you relax? Why are you"}, {"start": "00:00:29", "end": "00:00:33", "text": "not normal?\""}, {"start": "00:00:31", "end": "00:00:37", "text": "The truth is, they don't see the vision"}, {"start": "00:00:33", "end": "00:00:37", "text": "of life you're chasing. [music]"}]

[{"start": "00:00:00", "end": "00:00:04", "text": "And so, if you look at Koch, like macro,"}, {"start": "00:00:02", "end": "00:00:06", "text": "um high level, one of the largest"}, {"start": "00:00:04", "end": "00:00:08", "text": "private companies"}, {"start": "00:00:06", "end": "00:00:10", "text": "um in the country. Today, we touch the"}, {"start": "00:00:08", "end": "00:00:13", "text": "majority of the economy, as I mentioned,"}, {"start": "00:00:10", "end": "00:00:15", "text": "and operate in about 60 countries."}, {"start": "00:00:13", "end": "00:00:18", "text": "Um 145,000"}, {"start": "00:00:15", "end": "00:00:21", "text": "employees um and growing. I would say"}, {"start": "00:00:18", "end": "00:00:23", "text": "the biggest differentiator of Koch and"}, {"start": "00:00:21", "end": "00:00:26", "text": "why we've been able to grow"}, {"start": "00:00:23", "end": "00:00:29", "text": "now over 10,000x"}, {"start": "00:00:26", "end": "00:00:30", "text": "since the early '60s is because of"}, {"start": "00:00:29", "end": "00:00:32", "text": ">> Ladies and gentlemen, we have a very"}, {"start": "00:00:30", "end": "00:00:34", "text": "special treat today. I'm going to sit"}, {"start": "00:00:32", "end": "00:00:35", "text": "down with Chase Koch. He's a member of"}, {"start": "00:00:34", "end": "00:00:37", "text": "the Koch family, which owns Koch"}, {"start": "00:00:35", "end": "00:00:39", "text": "Industries. They're one of the largest"}, {"start": "00:00:37", "end": "00:00:41", "text": "private companies in America. Chase"}, {"start": "00:00:39", "end": "00:00:42", "text": "recently wrote a book with his father,"}, {"start": "00:00:41", "end": "00:00:45", "text": "Charles. It's called Becoming a"}, {"start": "00:00:42", "end": "00:00:47", "text": "Principle-Driven Leader, 41 Principles"}, {"start": "00:00:45", "end": "00:00:49", "text": "to Build an Enduring Business. In this"}, {"start": "00:00:47", "end": "00:00:50", "text": "conversation, Chase and I go through"}, {"start": "00:00:49", "end": "00:00:53", "text": "what is it like to build Koch"}, {"start": "00:00:50", "end": "00:00:55", "text": "Industries? How do they apply these 41"}, {"start": "00:00:53", "end": "00:00:57", "text": "principles? What exactly can you use"}, {"start": "00:00:55", "end": "00:00:59", "text": "these principles to transform your life,"}, {"start": "00:00:57", "end": "00:01:00", "text": "your business, and broader society? This"}, {"start": "00:00:59", "end": "00:01:02", "text": "conversation is fascinating because it"}, {"start": "00:01:00", "end": "00:01:03", "text": "takes us behind the scenes. We"}, {"start": "00:01:02", "end": "00:01:05", "text": "understand not only the business deals"}, {"start": "00:01:03", "end": "00:01:07", "text": "that they've done, the failures that"}, {"start": "00:01:05", "end": "00:01:09", "text": "they've had, but also how they apply"}, {"start": "00:01:07", "end": "00:01:11", "text": "these principles in their business, in"}, {"start": "00:01:09", "end": "00:01:12", "text": "their investments, and into technology."}, {"start": "00:01:11", "end": "00:01:14", "text": "And I think that you're going to take"}, {"start": "00:01:12", "end": "00:01:15", "text": "away a lot from this conversation. It's"}, {"start": "00:01:14", "end": "00:01:17", "text": "one of my favorite conversations I've"}, {"start": "00:01:15", "end": "00:01:19", "text": "had on the podcast in a very long time."}, {"start": "00:01:17", "end": "00:01:21", "text": "Chase is an incredible person and it's"}, {"start": "00:01:19", "end": "00:01:23", "text": "very fun hanging out with him. And so,"}, {"start": "00:01:21", "end": "00:01:24", "text": "here's my conversation with Chase Koch."}, {"start": "00:01:23", "end": "00:01:26", "text": "All right, Chase. I thought a great"}, {"start": "00:01:24", "end": "00:01:27", "text": "place to start is Koch Disruptive"}, {"start": "00:01:26", "end": "00:01:29", "text": "Technologies. I think it's kind of been"}, {"start": "00:01:27", "end": "00:01:32", "text": "your baby inside of the organization."}, {"start": "00:01:29", "end": "00:01:33", "text": "And really, it to me is a microcosm of"}, {"start": "00:01:32", "end": "00:01:35", "text": "so much of the principles that has made"}, {"start": "00:01:33", "end": "00:01:37", "text": "this business amazing. What was the"}, {"start": "00:01:35", "end": "00:01:38", "text": "original idea for creating this"}, {"start": "00:01:37", "end": "00:01:40", "text": "Disruptive Technology Group?"}, {"start": "00:01:38", "end": "00:01:42", "text": ">> Well, the original idea, we hadn't"}, {"start": "00:01:40", "end": "00:01:44", "text": "really we had dabbled in venture capital"}, {"start": "00:01:42", "end": "00:01:50", "text": "back in the early 2000s, but we went"}, {"start": "00:01:44", "end": "00:01:50", "text": "away from it. But, this was 2016-2017,"}, {"start": "00:01:50", "end": "00:01:56", "text": "and it started with, like, where my"}, {"start": "00:01:52", "end": "00:01:58", "text": "passion was, really. Um and I've always"}, {"start": "00:01:56", "end": "00:02:00", "text": "been kind of cut out of this cloth of"}, {"start": "00:01:58", "end": "00:02:02", "text": "innovation and this principle that we"}, {"start": "00:02:00", "end": "00:02:04", "text": "actually talk about in our book called"}, {"start": "00:02:02", "end": "00:02:07", "text": "creative destruction. Which is Joseph"}, {"start": "00:02:04", "end": "00:02:09", "text": "Schumpeter's principle of you've got to"}, {"start": "00:02:07", "end": "00:02:11", "text": "disrupt yourself from within, otherwise"}, {"start": "00:02:09", "end": "00:02:13", "text": "the market will do it to you and you'll"}, {"start": "00:02:11", "end": "00:02:15", "text": "become a dinosaur."}, {"start": "00:02:13", "end": "00:02:17", "text": "And I've since I was a little kid, I"}, {"start": "00:02:15", "end": "00:02:20", "text": "always wanted to be working on the next"}, {"start": "00:02:17", "end": "00:02:21", "text": "thing, the next curve. Not like what was"}, {"start": "00:02:20", "end": "00:02:23", "text": "right"}, {"start": "00:02:21", "end": "00:02:26", "text": "in front of me. And I've been working in"}, {"start": "00:02:23", "end": "00:02:30", "text": "the operating businesses since I was 15"}, {"start": "00:02:26", "end": "00:02:32", "text": "years old. And so again, back 2016-17,"}, {"start": "00:02:30", "end": "00:02:35", "text": "this is when technology really started"}, {"start": "00:02:32", "end": "00:02:37", "text": "taking off and reshaping"}, {"start": "00:02:35", "end": "00:02:40", "text": "industries and I was in our ag business"}, {"start": "00:02:37", "end": "00:02:44", "text": "at the time in our fertilizer business."}, {"start": "00:02:40", "end": "00:02:45", "text": "And I saw an opportunity to well, first"}, {"start": "00:02:44", "end": "00:02:48", "text": "of all, I saw what technology was doing"}, {"start": "00:02:45", "end": "00:02:51", "text": "to our value chain. And there were two"}, {"start": "00:02:48", "end": "00:02:53", "text": "companies and two founders that really"}, {"start": "00:02:51", "end": "00:02:56", "text": "kind of rocked me back and I was like"}, {"start": "00:02:53", "end": "00:02:58", "text": "something is happening to ag and we need"}, {"start": "00:02:56", "end": "00:03:00", "text": "to be paying attention. We we need to"}, {"start": "00:02:58", "end": "00:03:02", "text": "understand the creative destruction"}, {"start": "00:03:00", "end": "00:03:05", "text": "that's happening in our industry. One"}, {"start": "00:03:02", "end": "00:03:07", "text": "was Climate Corp, which was David"}, {"start": "00:03:05", "end": "00:03:10", "text": "Friedberg"}, {"start": "00:03:07", "end": "00:03:12", "text": "who ended up, you know, really looking"}, {"start": "00:03:10", "end": "00:03:14", "text": "at data science for the first time in"}, {"start": "00:03:12", "end": "00:03:17", "text": "agriculture and looking at weather data,"}, {"start": "00:03:14", "end": "00:03:19", "text": "looking at soil data and he built a"}, {"start": "00:03:17", "end": "00:03:21", "text": "company around that and sold data"}, {"start": "00:03:19", "end": "00:03:23", "text": "analytics to farmers."}, {"start": "00:03:21", "end": "00:03:25", "text": "And I remember having a relationship"}, {"start": "00:03:23", "end": "00:03:28", "text": "with him because we were we were working"}, {"start": "00:03:25", "end": "00:03:32", "text": "on actually swapping data. I was working"}, {"start": "00:03:28", "end": "00:03:35", "text": "on enhanced efficiency fertilizers and"}, {"start": "00:03:32", "end": "00:03:37", "text": "the uptake of nitrogen"}, {"start": "00:03:35", "end": "00:03:39", "text": "for farmers and how to optimize that so"}, {"start": "00:03:37", "end": "00:03:41", "text": "they could do more with less. And he was"}, {"start": "00:03:39", "end": "00:03:43", "text": "all the data science behind it. So we"}, {"start": "00:03:41", "end": "00:03:45", "text": "started working on doing data exchanges"}, {"start": "00:03:43", "end": "00:03:48", "text": "to help each other. And then he calls me"}, {"start": "00:03:45", "end": "00:03:49", "text": "one day and says, \"Actually Monsanto"}, {"start": "00:03:48", "end": "00:03:50", "text": "just bought the company.\" I was like,"}, {"start": "00:03:49", "end": "00:03:53", "text": "\"You're just getting started. You got"}, {"start": "00:03:50", "end": "00:03:55", "text": "like 10 to 20 million in revenue, you"}, {"start": "00:03:53", "end": "00:03:57", "text": "know? And he said, \"Yeah, but they paid"}, {"start": "00:03:55", "end": "00:04:00", "text": "me $1.1 billion for it.\" And that was"}, {"start": "00:03:57", "end": "00:04:02", "text": "like the first shot across the bow, I"}, {"start": "00:04:00", "end": "00:04:03", "text": "think, in technology and agriculture,"}, {"start": "00:04:02", "end": "00:04:05", "text": "and that just woke me up."}, {"start": "00:04:03", "end": "00:04:06", "text": ">> Because you were like, that's crazy they"}, {"start": "00:04:05", "end": "00:04:09", "text": "paid so much money for a company that"}, {"start": "00:04:06", "end": "00:04:12", "text": ">> it was that, but also just the wake up"}, {"start": "00:04:09", "end": "00:04:14", "text": "of the the value that was being created"}, {"start": "00:04:12", "end": "00:04:17", "text": "with data science."}, {"start": "00:04:14", "end": "00:04:20", "text": "And we hadn't really been focused on"}, {"start": "00:04:17", "end": "00:04:21", "text": "that. And so, that one and then another"}, {"start": "00:04:20", "end": "00:04:23", "text": "friend of mine, Amol Deshpande, that"}, {"start": "00:04:21", "end": "00:04:25", "text": "created a Farmers Business Network,"}, {"start": "00:04:23", "end": "00:04:27", "text": "which was basically the model of the"}, {"start": "00:04:25", "end": "00:04:29", "text": "Amazon of agriculture, and being able to"}, {"start": "00:04:27", "end": "00:04:31", "text": "go"}, {"start": "00:04:29", "end": "00:04:33", "text": "direct to farmer, and some of the some"}, {"start": "00:04:31", "end": "00:04:35", "text": "of the the services that he was"}, {"start": "00:04:33", "end": "00:04:37", "text": "providing, I thought was really, really"}, {"start": "00:04:35", "end": "00:04:38", "text": "interesting. And he could only do that"}, {"start": "00:04:37", "end": "00:04:40", "text": "because of the technology where the"}, {"start": "00:04:38", "end": "00:04:41", "text": "technology was going to enable that"}, {"start": "00:04:40", "end": "00:04:44", "text": "business model."}, {"start": "00:04:41", "end": "00:04:46", "text": "So, I just basically went to the team"}, {"start": "00:04:44", "end": "00:04:48", "text": "and went to Koch leadership and said,"}, {"start": "00:04:46", "end": "00:04:50", "text": "\"We have to be a part of these"}, {"start": "00:04:48", "end": "00:04:52", "text": "companies.\" We had because that is going"}, {"start": "00:04:50", "end": "00:04:55", "text": "to enable us to see what is going to"}, {"start": "00:04:52", "end": "00:04:56", "text": "disrupt our core business with our our"}, {"start": "00:04:55", "end": "00:04:58", "text": "nitrogen production assets and our"}, {"start": "00:04:56", "end": "00:04:59", "text": "global trading business."}, {"start": "00:04:58", "end": "00:05:01", "text": "Um"}, {"start": "00:04:59", "end": "00:05:04", "text": "but I'll also just be a part of that"}, {"start": "00:05:01", "end": "00:05:07", "text": "next curve, whatever it's going to be."}, {"start": "00:05:04", "end": "00:05:09", "text": "And so, that was the birth of Koch"}, {"start": "00:05:07", "end": "00:05:11", "text": "Disruptive Technologies. We started"}, {"start": "00:05:09", "end": "00:05:13", "text": "looking at it from just an ag"}, {"start": "00:05:11", "end": "00:05:15", "text": "perspective, but we talked as a"}, {"start": "00:05:13", "end": "00:05:18", "text": "leadership team, we said, \"If we're"}, {"start": "00:05:15", "end": "00:05:20", "text": "going to really invest in companies like"}, {"start": "00:05:18", "end": "00:05:22", "text": "Climate Corp and Farmers Business"}, {"start": "00:05:20", "end": "00:05:26", "text": "Network, we should be doing that across"}, {"start": "00:05:22", "end": "00:05:29", "text": "all of Koch.\" So, what are the companies"}, {"start": "00:05:26", "end": "00:05:31", "text": "that are going to disrupt Koch"}, {"start": "00:05:29", "end": "00:05:33", "text": "long-term, and we need to see those"}, {"start": "00:05:31", "end": "00:05:35", "text": "early, and we need to actually have skin"}, {"start": "00:05:33", "end": "00:05:37", "text": "in the game and invest on invest in them"}, {"start": "00:05:35", "end": "00:05:40", "text": "in a meaningful way."}, {"start": "00:05:37", "end": "00:05:42", "text": "And so, that was the birth of of Koch"}, {"start": "00:05:40", "end": "00:05:45", "text": "Disruptive Technologies. But, I would"}, {"start": "00:05:42", "end": "00:05:46", "text": "say back to the principles at play and"}, {"start": "00:05:45", "end": "00:05:48", "text": "why"}, {"start": "00:05:46", "end": "00:05:50", "text": "why I wanted to do that."}, {"start": "00:05:48", "end": "00:05:52", "text": "One, I talked about creative destruction"}, {"start": "00:05:50", "end": "00:05:56", "text": "and how important that is for the future"}, {"start": "00:05:52", "end": "00:06:00", "text": "of Koch, but two, the mutual benefit."}, {"start": "00:05:56", "end": "00:06:02", "text": "And that I felt that we could offer"}, {"start": "00:06:00", "end": "00:06:04", "text": "Koch as a laboratory because we Koch"}, {"start": "00:06:02", "end": "00:06:07", "text": "touches the majority of the economy."}, {"start": "00:06:04", "end": "00:06:09", "text": "We're like 80% of the various industries"}, {"start": "00:06:07", "end": "00:06:10", "text": "where because we're very very broad. And"}, {"start": "00:06:09", "end": "00:06:12", "text": "so when you look at that from a"}, {"start": "00:06:10", "end": "00:06:14", "text": "technology founder's perspective, so"}, {"start": "00:06:12", "end": "00:06:16", "text": "that you know many imagine a software"}, {"start": "00:06:14", "end": "00:06:18", "text": "company they want to sell to all these"}, {"start": "00:06:16", "end": "00:06:21", "text": "industries, right? So to to be able to"}, {"start": "00:06:18", "end": "00:06:24", "text": "have one phone call into Koch and be"}, {"start": "00:06:21", "end": "00:06:27", "text": "able to sell 10 different operating"}, {"start": "00:06:24", "end": "00:06:29", "text": "companies across the economy, that's"}, {"start": "00:06:27", "end": "00:06:31", "text": "pretty valuable to a you know a new"}, {"start": "00:06:29", "end": "00:06:33", "text": "startup."}, {"start": "00:06:31", "end": "00:06:36", "text": "And so we can help them as a customer"}, {"start": "00:06:33", "end": "00:06:38", "text": "like that, as a supplier, as a subject"}, {"start": "00:06:36", "end": "00:06:40", "text": "matter expert. We have 140,000"}, {"start": "00:06:38", "end": "00:06:42", "text": "employees, we're in 60 countries. So I"}, {"start": "00:06:40", "end": "00:06:45", "text": "was like that is a laboratory for a"}, {"start": "00:06:42", "end": "00:06:48", "text": "founder. And so the benefit that we can"}, {"start": "00:06:45", "end": "00:06:51", "text": "we can bring them by being that"}, {"start": "00:06:48", "end": "00:06:54", "text": "capability provider, not just money"}, {"start": "00:06:51", "end": "00:06:56", "text": "and capital, but by by really bringing"}, {"start": "00:06:54", "end": "00:06:58", "text": "capability to them in a differentiated"}, {"start": "00:06:56", "end": "00:07:01", "text": "way. That was the benefit to them, but"}, {"start": "00:06:58", "end": "00:07:02", "text": "the benefit to us the mutual benefit"}, {"start": "00:07:01", "end": "00:07:04", "text": "side of that was we're going to see"}, {"start": "00:07:02", "end": "00:07:06", "text": "around corners and what in ways that"}, {"start": "00:07:04", "end": "00:07:08", "text": "other companies can't."}, {"start": "00:07:06", "end": "00:07:09", "text": ">> What is Koch Industries? I think that's"}, {"start": "00:07:08", "end": "00:07:10", "text": "like a question you know I asked a"}, {"start": "00:07:09", "end": "00:07:13", "text": "couple of friends before we did this and"}, {"start": "00:07:10", "end": "00:07:14", "text": "I said what do you want to know? And"}, {"start": "00:07:13", "end": "00:07:15", "text": "that was probably the number one"}, {"start": "00:07:14", "end": "00:07:16", "text": "question was just like I know it's"}, {"start": "00:07:15", "end": "00:07:18", "text": "successful. I know it's you know the"}, {"start": "00:07:16", "end": "00:07:19", "text": "first or second largest private company"}, {"start": "00:07:18", "end": "00:07:21", "text": "in America. I know they do 125 plus"}, {"start": "00:07:19", "end": "00:07:22", "text": "billion dollars of revenue and this is"}, {"start": "00:07:21", "end": "00:07:24", "text": "like amazing thing."}, {"start": "00:07:22", "end": "00:07:24", "text": "How? What what is it? Maybe let's start"}, {"start": "00:07:24", "end": "00:07:27", "text": "there."}, {"start": "00:07:24", "end": "00:07:29", "text": ">> Yeah, well I mean I think because we're"}, {"start": "00:07:27", "end": "00:07:31", "text": "private that is that's probably the"}, {"start": "00:07:29", "end": "00:07:34", "text": "number one question because we don't we"}, {"start": "00:07:31", "end": "00:07:36", "text": "we don't report publicly. And I think"}, {"start": "00:07:34", "end": "00:07:38", "text": "also there's a learning there. You roll"}, {"start": "00:07:36", "end": "00:07:40", "text": "back the clock 15-20 years ago, we"}, {"start": "00:07:38", "end": "00:07:44", "text": "didn't do a good job of getting our"}, {"start": "00:07:40", "end": "00:07:45", "text": "story out. And so that's one of the"}, {"start": "00:07:44", "end": "00:07:47", "text": "reasons why I'm excited to hear to be"}, {"start": "00:07:45", "end": "00:07:49", "text": "here talking with you. It's like I I"}, {"start": "00:07:47", "end": "00:07:51", "text": "want to get the story out. Who is Koch?"}, {"start": "00:07:49", "end": "00:07:53", "text": "What What do we do? Why do we do it?"}, {"start": "00:07:51", "end": "00:07:56", "text": "What are our principles?"}, {"start": "00:07:53", "end": "00:07:58", "text": "Um and so if you look at Koch like"}, {"start": "00:07:56", "end": "00:08:00", "text": "macro, um high level, probably one of"}, {"start": "00:07:58", "end": "00:08:02", "text": "the largest private companies"}, {"start": "00:08:00", "end": "00:08:04", "text": "um in the country."}, {"start": "00:08:02", "end": "00:08:06", "text": "Um my grandfather started the company um"}, {"start": "00:08:04", "end": "00:08:09", "text": "back the predecessor company to Koch"}, {"start": "00:08:06", "end": "00:08:12", "text": "back in the '40s. My father took over in"}, {"start": "00:08:09", "end": "00:08:14", "text": "in 1961. Today we touch the majority of"}, {"start": "00:08:12", "end": "00:08:16", "text": "the economy as I mentioned and operate"}, {"start": "00:08:14", "end": "00:08:19", "text": "in about 60 countries."}, {"start": "00:08:16", "end": "00:08:21", "text": "Um 145,000"}, {"start": "00:08:19", "end": "00:08:23", "text": "employees um and growing."}, {"start": "00:08:21", "end": "00:08:25", "text": "And um"}, {"start": "00:08:23", "end": "00:08:29", "text": "I would say the biggest differentiator"}, {"start": "00:08:25", "end": "00:08:34", "text": "of Koch and why we've been able to grow"}, {"start": "00:08:29", "end": "00:08:36", "text": "now over 10,000 X since the early '60s"}, {"start": "00:08:34", "end": "00:08:38", "text": "is because of our principle-based"}, {"start": "00:08:36", "end": "00:08:40", "text": "management framework um that my father"}, {"start": "00:08:38", "end": "00:08:42", "text": "basically"}, {"start": "00:08:40", "end": "00:08:47", "text": "kind of founded and with the help of"}, {"start": "00:08:42", "end": "00:08:49", "text": "many many um leaders at Koch really"}, {"start": "00:08:47", "end": "00:08:52", "text": "comes down to the empowering people from"}, {"start": "00:08:49", "end": "00:08:56", "text": "the bottom up with principles. Not"}, {"start": "00:08:52", "end": "00:08:58", "text": "top-down telling people what to do and"}, {"start": "00:08:56", "end": "00:09:00", "text": "the only way you can scale a company in"}, {"start": "00:08:58", "end": "00:09:02", "text": "our in our view and our in our"}, {"start": "00:09:00", "end": "00:09:04", "text": "experience is when you have a"}, {"start": "00:09:02", "end": "00:09:06", "text": "principle-based framework that you can"}, {"start": "00:09:04", "end": "00:09:08", "text": "empower people with, help them"}, {"start": "00:09:06", "end": "00:09:09", "text": "understand the principles, and let them"}, {"start": "00:09:08", "end": "00:09:11", "text": "run."}, {"start": "00:09:09", "end": "00:09:13", "text": ">> It's interesting the way that we"}, {"start": "00:09:11", "end": "00:09:15", "text": "originally got connected was uh I read"}, {"start": "00:09:13", "end": "00:09:17", "text": "your father's uh one of his books uh"}, {"start": "00:09:15", "end": "00:09:20", "text": "Good Profit and I wrote this uh kind of"}, {"start": "00:09:17", "end": "00:09:22", "text": "notes that I took on it and um in the"}, {"start": "00:09:20", "end": "00:09:24", "text": "book uh he when he defines what Good"}, {"start": "00:09:22", "end": "00:09:25", "text": "Profit is, this idea of actually being"}, {"start": "00:09:24", "end": "00:09:27", "text": "able to derive it based on these"}, {"start": "00:09:25", "end": "00:09:29", "text": "principles versus you know kind of"}, {"start": "00:09:27", "end": "00:09:31", "text": "political advantage or regulatory"}, {"start": "00:09:29", "end": "00:09:33", "text": "capture. Yeah. But the second piece that"}, {"start": "00:09:31", "end": "00:09:35", "text": "I think uh if I had to take one thing"}, {"start": "00:09:33", "end": "00:09:38", "text": "away from it and I've just almost like"}, {"start": "00:09:35", "end": "00:09:39", "text": "you know you you find like a a kindred"}, {"start": "00:09:38", "end": "00:09:40", "text": "soul, right? Or you find like somebody"}, {"start": "00:09:39", "end": "00:09:42", "text": "who has this idea and you're like, \"Oh"}, {"start": "00:09:40", "end": "00:09:42", "text": "my god, I can't believe somebody else"}, {"start": "00:09:42", "end": "00:09:43", "text": "you know thinks this way.\""}, {"start": "00:09:42", "end": "00:09:45", "text": ">> Yeah."}, {"start": "00:09:43", "end": "00:09:47", "text": ">> Is he had gone back and he had studied"}, {"start": "00:09:45", "end": "00:09:49", "text": "all the great civilizations and"}, {"start": "00:09:47", "end": "00:09:51", "text": "basically said, \"What made these"}, {"start": "00:09:49", "end": "00:09:51", "text": "civilizations or these economies work?\""}, {"start": "00:09:51", "end": "00:09:53", "text": ">> He did."}, {"start": "00:09:51", "end": "00:09:55", "text": ">> And in the book he outlines, here's you"}, {"start": "00:09:53", "end": "00:09:56", "text": "know, a couple of core principles that"}, {"start": "00:09:55", "end": "00:09:57", "text": "he had identified. And then he's like,"}, {"start": "00:09:56", "end": "00:09:59", "text": "\"Well, how do we take these and put them"}, {"start": "00:09:57", "end": "00:10:01", "text": "inside of a company?\" And I don't think"}, {"start": "00:09:59", "end": "00:10:02", "text": "a lot of people think of a business the"}, {"start": "00:10:01", "end": "00:10:04", "text": "same way they think of an economy or a"}, {"start": "00:10:02", "end": "00:10:05", "text": "civilization."}, {"start": "00:10:04", "end": "00:10:07", "text": "Um but when I was reading about maybe"}, {"start": "00:10:05", "end": "00:10:07", "text": "your personal experience"}, {"start": "00:10:07", "end": "00:10:09", "text": ">> Yeah."}, {"start": "00:10:07", "end": "00:10:11", "text": ">> sounds like he in that process also"}, {"start": "00:10:09", "end": "00:10:12", "text": "would sit you down every Sunday"}, {"start": "00:10:11", "end": "00:10:13", "text": ">> Yes. Yes. Yes. Yes."}, {"start": "00:10:12", "end": "00:10:15", "text": ">> give you, you know,"}, {"start": "00:10:13", "end": "00:10:16", "text": "a version of Sunday school but kind of"}, {"start": "00:10:15", "end": "00:10:18", "text": "the economic version."}, {"start": "00:10:16", "end": "00:10:18", "text": ">> exactly right. Yeah, you want me to get"}, {"start": "00:10:18", "end": "00:10:20", "text": "into that?"}, {"start": "00:10:18", "end": "00:10:21", "text": ">> I would love to hear what was going on"}, {"start": "00:10:20", "end": "00:10:23", "text": "in these conversations."}, {"start": "00:10:21", "end": "00:10:25", "text": ">> Yeah, it's it's fascinating and it's"}, {"start": "00:10:23", "end": "00:10:27", "text": "been such a journey for me as Charles"}, {"start": "00:10:25", "end": "00:10:28", "text": "Koch's son and I would say my sister"}, {"start": "00:10:27", "end": "00:10:31", "text": "would say the same."}, {"start": "00:10:28", "end": "00:10:34", "text": "Um but you know, to your point, he"}, {"start": "00:10:31", "end": "00:10:37", "text": "studied he's so intellectually curious."}, {"start": "00:10:34", "end": "00:10:38", "text": "He always wanted to know how does the"}, {"start": "00:10:37", "end": "00:10:41", "text": "world work and what drives human"}, {"start": "00:10:38", "end": "00:10:43", "text": "progress? And he studied everyone. This"}, {"start": "00:10:41", "end": "00:10:46", "text": "this is start of his, you know, mid to"}, {"start": "00:10:43", "end": "00:10:48", "text": "late 20s he got the bug and he just went"}, {"start": "00:10:46", "end": "00:10:51", "text": "down the the rabbit hole and read all"}, {"start": "00:10:48", "end": "00:10:53", "text": "the philosophers, Hayek, Von Mises,"}, {"start": "00:10:51", "end": "00:10:56", "text": "um Milton Friedman, you know, economics,"}, {"start": "00:10:53", "end": "00:10:58", "text": "philosophy, history. But he also he"}, {"start": "00:10:56", "end": "00:11:00", "text": "studied, this is what I think a lot of"}, {"start": "00:10:58", "end": "00:11:03", "text": "people probably miss, he applied the"}, {"start": "00:11:00", "end": "00:11:05", "text": "scientific method to his own learning"}, {"start": "00:11:03", "end": "00:11:07", "text": "which means you try to disprove your"}, {"start": "00:11:05", "end": "00:11:12", "text": "hypothesis as much as you try to prove"}, {"start": "00:11:07", "end": "00:11:13", "text": "it. Um so I mean, he he he studied Mao,"}, {"start": "00:11:12", "end": "00:11:15", "text": "he studied Lenin,"}, {"start": "00:11:13", "end": "00:11:17", "text": "um"}, {"start": "00:11:15", "end": "00:11:20", "text": "uh Hitler and like what what how did why"}, {"start": "00:11:17", "end": "00:11:22", "text": "did they make the decisions that they"}, {"start": "00:11:20", "end": "00:11:25", "text": "did? But then you're right, from there"}, {"start": "00:11:22", "end": "00:11:27", "text": "understand these principles, good"}, {"start": "00:11:25", "end": "00:11:29", "text": "principles and bad principles, the ones"}, {"start": "00:11:27", "end": "00:11:31", "text": "that drove human progress and the ones"}, {"start": "00:11:29", "end": "00:11:34", "text": "that that um"}, {"start": "00:11:31", "end": "00:11:36", "text": "that made us go into into decline and"}, {"start": "00:11:34", "end": "00:11:38", "text": "then said, \"Okay, um,"}, {"start": "00:11:36", "end": "00:11:42", "text": "now let's look at different countries."}, {"start": "00:11:38", "end": "00:11:45", "text": "Why did Venezuela not succeed? And why"}, {"start": "00:11:42", "end": "00:11:48", "text": "did Chile as a comparison? Hong Kong"}, {"start": "00:11:45", "end": "00:11:52", "text": "versus China. North Korea, South Korea.\""}, {"start": "00:11:48", "end": "00:11:54", "text": "And just studied that, um, and then"}, {"start": "00:11:52", "end": "00:11:56", "text": "pulled out the principles that drove the"}, {"start": "00:11:54", "end": "00:11:58", "text": "most human progress, your point, and"}, {"start": "00:11:56", "end": "00:12:01", "text": "then brought those into does this work"}, {"start": "00:11:58", "end": "00:12:03", "text": "inside a company? The same principles of"}, {"start": "00:12:01", "end": "00:12:06", "text": "what has driven human progress, can they"}, {"start": "00:12:03", "end": "00:12:08", "text": "work inside a firm? And that was early"}, {"start": "00:12:06", "end": "00:12:11", "text": "'80s were the first experiments on what"}, {"start": "00:12:08", "end": "00:12:14", "text": "is now principle-based management. But"}, {"start": "00:12:11", "end": "00:12:16", "text": "as a kid, back to your point, um, I"}, {"start": "00:12:14", "end": "00:12:18", "text": "don't know, I must have been 10, 11"}, {"start": "00:12:16", "end": "00:12:19", "text": "years old. My sister's 2 years older"}, {"start": "00:12:18", "end": "00:12:21", "text": "than me."}, {"start": "00:12:19", "end": "00:12:23", "text": "Um, he wanted us to learn the same"}, {"start": "00:12:21", "end": "00:12:25", "text": "things that he was learning, that he was"}, {"start": "00:12:23", "end": "00:12:28", "text": "passionate about, so we'd have, um,"}, {"start": "00:12:25", "end": "00:12:31", "text": "Sunday philosophy, economics lessons."}, {"start": "00:12:28", "end": "00:12:33", "text": "And you can imagine, like, my sister is"}, {"start": "00:12:31", "end": "00:12:36", "text": "a much better student, um, than I was."}, {"start": "00:12:33", "end": "00:12:39", "text": "She's still way smarter than I am, but"}, {"start": "00:12:36", "end": "00:12:42", "text": "um, you know, she would be like kind of"}, {"start": "00:12:39", "end": "00:12:43", "text": "front of the classroom taking it all in"}, {"start": "00:12:42", "end": "00:12:45", "text": "and just"}, {"start": "00:12:43", "end": "00:12:47", "text": "Well, because he would he would quiz us"}, {"start": "00:12:45", "end": "00:12:49", "text": "every 15 minutes. Okay, what did I just"}, {"start": "00:12:47", "end": "00:12:51", "text": "talk about? There was always"}, {"start": "00:12:49", "end": "00:12:53", "text": "accountability, always."}, {"start": "00:12:51", "end": "00:12:54", "text": "And I'd be there, you know, with my hat"}, {"start": "00:12:53", "end": "00:12:56", "text": "kind of pulled over my eyes, half"}, {"start": "00:12:54", "end": "00:12:58", "text": "asleep, you know, and I I'd be the"}, {"start": "00:12:56", "end": "00:13:01", "text": "failing"}, {"start": "00:12:58", "end": "00:13:04", "text": "Yeah, the failing student um, in the in"}, {"start": "00:13:01", "end": "00:13:06", "text": "the philosophy course. Um, but what I"}, {"start": "00:13:04", "end": "00:13:09", "text": "would tell you, going from that as a"}, {"start": "00:13:06", "end": "00:13:12", "text": "kid, um, to when the light bulb actually"}, {"start": "00:13:09", "end": "00:13:15", "text": "went off, it was probably my late 20s."}, {"start": "00:13:12", "end": "00:13:17", "text": "And it was I was running one of the uh,"}, {"start": "00:13:15", "end": "00:13:19", "text": "business units of the fertilizer"}, {"start": "00:13:17", "end": "00:13:22", "text": "business. I spent about a decade in our,"}, {"start": "00:13:19", "end": "00:13:23", "text": "um, Coke fertilizer. And I was running"}, {"start": "00:13:22", "end": "00:13:25", "text": "our international business and we were"}, {"start": "00:13:23", "end": "00:13:27", "text": "building a fertilizer terminal in"}, {"start": "00:13:25", "end": "00:13:29", "text": "Brazil."}, {"start": "00:13:27", "end": "00:13:30", "text": "And Brazil's one of the biggest import"}, {"start": "00:13:29", "end": "00:13:31", "text": "markets."}, {"start": "00:13:30", "end": "00:13:33", "text": "Agriculture is their their biggest"}, {"start": "00:13:31", "end": "00:13:36", "text": "industry."}, {"start": "00:13:33", "end": "00:13:39", "text": "And I went in with a few other leaders"}, {"start": "00:13:36", "end": "00:13:41", "text": "very naively into Brazil thinking, \"Oh,"}, {"start": "00:13:39", "end": "00:13:42", "text": "we're going to build this high-speed"}, {"start": "00:13:41", "end": "00:13:43", "text": "terminal. It's going to be great."}, {"start": "00:13:42", "end": "00:13:45", "text": "Farmers are going to get their product"}, {"start": "00:13:43", "end": "00:13:47", "text": "faster. We're going to run a more"}, {"start": "00:13:45", "end": "00:13:50", "text": "efficient system at the port.\" It was in"}, {"start": "00:13:47", "end": "00:13:51", "text": "Paranagu�, Brazil. And I we spent a year"}, {"start": "00:13:50", "end": "00:13:53", "text": "working on this."}, {"start": "00:13:51", "end": "00:13:55", "text": "And we got the deal done with a local"}, {"start": "00:13:53", "end": "00:13:56", "text": "partner."}, {"start": "00:13:55", "end": "00:13:58", "text": "Very excited."}, {"start": "00:13:56", "end": "00:14:01", "text": "We thought we'd have the terminal built"}, {"start": "00:13:58", "end": "00:14:03", "text": "within 9 months. Ended up taking us 4"}, {"start": "00:14:01", "end": "00:14:07", "text": "years."}, {"start": "00:14:03", "end": "00:14:08", "text": "And so, you know, bureaucracy, red tape,"}, {"start": "00:14:07", "end": "00:14:11", "text": "protectionism,"}, {"start": "00:14:08", "end": "00:14:13", "text": "all the principles that my father like"}, {"start": "00:14:11", "end": "00:14:16", "text": "was telling me about when I was 10, 11,"}, {"start": "00:14:13", "end": "00:14:17", "text": "12 years old. You don't get it until you"}, {"start": "00:14:16", "end": "00:14:18", "text": "actually live it."}, {"start": "00:14:17", "end": "00:14:20", "text": ">> Experience it all."}, {"start": "00:14:18", "end": "00:14:22", "text": ">> I experienced it myself. I felt it. I"}, {"start": "00:14:20", "end": "00:14:25", "text": "felt the pain of that. I felt the pain"}, {"start": "00:14:22", "end": "00:14:28", "text": "for those that worked, you know, in that"}, {"start": "00:14:25", "end": "00:14:30", "text": "value chain, the farmer, the terminal"}, {"start": "00:14:28", "end": "00:14:32", "text": "operators. And there like there's"}, {"start": "00:14:30", "end": "00:14:33", "text": "there's not progress. There's not"}, {"start": "00:14:32", "end": "00:14:35", "text": "innovation. There's not creative"}, {"start": "00:14:33", "end": "00:14:38", "text": "destruction if you put all these"}, {"start": "00:14:35", "end": "00:14:41", "text": "barriers around a business. It can't"}, {"start": "00:14:38", "end": "00:14:43", "text": "advance. It won't get better. And so, I"}, {"start": "00:14:41", "end": "00:14:45", "text": "lived that."}, {"start": "00:14:43", "end": "00:14:46", "text": "And that's when I was like light bulbs"}, {"start": "00:14:45", "end": "00:14:49", "text": "going off."}, {"start": "00:14:46", "end": "00:14:53", "text": "Mutual benefit."}, {"start": "00:14:49", "end": "00:14:56", "text": "Openness. Creative destruction."}, {"start": "00:14:53", "end": "00:14:58", "text": "You know, a number of other principles"}, {"start": "00:14:56", "end": "00:14:59", "text": "at play there. But then I was like,"}, {"start": "00:14:58", "end": "00:15:01", "text": "\"Okay, I'm going to start to really pay"}, {"start": "00:14:59", "end": "00:15:03", "text": "attention. I'm going to start to study"}, {"start": "00:15:01", "end": "00:15:05", "text": "this. I'm going to see how that applies"}, {"start": "00:15:03", "end": "00:15:07", "text": "to my job and my life.\""}, {"start": "00:15:05", "end": "00:15:09", "text": "The other thing that was really"}, {"start": "00:15:07", "end": "00:15:11", "text": "interesting, I think, about, you know,"}, {"start": "00:15:09", "end": "00:15:14", "text": "my sister and I growing up in the family"}, {"start": "00:15:11", "end": "00:15:17", "text": "of Charles and Liz Koch was"}, {"start": "00:15:14", "end": "00:15:18", "text": "the focus on values and principles at"}, {"start": "00:15:17", "end": "00:15:20", "text": "the dinner table. So, yeah, there's the"}, {"start": "00:15:18", "end": "00:15:23", "text": "economics and the philosophy part of it."}, {"start": "00:15:20", "end": "00:15:25", "text": "But just the accountability"}, {"start": "00:15:23", "end": "00:15:27", "text": "when he and amazingly he'd be home from"}, {"start": "00:15:25", "end": "00:15:31", "text": "work at 6:00 p.m. every He's building"}, {"start": "00:15:27", "end": "00:15:34", "text": "this amazing company, but his focus on"}, {"start": "00:15:31", "end": "00:15:37", "text": "developing us as kids was I look back on"}, {"start": "00:15:34", "end": "00:15:39", "text": "it now with you know, three kids myself."}, {"start": "00:15:37", "end": "00:15:42", "text": "I'm like, how did you do that?"}, {"start": "00:15:39", "end": "00:15:44", "text": "Um but he did it and he did it by"}, {"start": "00:15:42", "end": "00:15:46", "text": "consistent consistency"}, {"start": "00:15:44", "end": "00:15:49", "text": "and accountability of values and"}, {"start": "00:15:46", "end": "00:15:51", "text": "principles. We'd come home at 6:00 he'd"}, {"start": "00:15:49", "end": "00:15:53", "text": "sit down and say, \"Okay, what are the"}, {"start": "00:15:51", "end": "00:15:55", "text": "five things?\" As love, courage, faith,"}, {"start": "00:15:53", "end": "00:15:58", "text": "honor, and loyalty. That was our you"}, {"start": "00:15:55", "end": "00:15:59", "text": "know, we were little kids, right?"}, {"start": "00:15:58", "end": "00:16:00", "text": "And um"}, {"start": "00:15:59", "end": "00:16:01", "text": ">> And those [clears throat] were five like"}, {"start": "00:16:00", "end": "00:16:01", "text": "almost family"}, {"start": "00:16:01", "end": "00:16:04", "text": ">> are"}, {"start": "00:16:01", "end": "00:16:05", "text": "yeah, our value system that we started"}, {"start": "00:16:04", "end": "00:16:07", "text": "with. Now it would evolve over time into"}, {"start": "00:16:05", "end": "00:16:08", "text": "economic principles and that sort of"}, {"start": "00:16:07", "end": "00:16:10", "text": "thing. You know,"}, {"start": "00:16:08", "end": "00:16:12", "text": ">> A lot of a lot of fun. [laughter]"}, {"start": "00:16:10", "end": "00:16:15", "text": ">> A lot of fun. Let me tell you about good"}, {"start": "00:16:12", "end": "00:16:18", "text": "profit versus bad profit. But but the my"}, {"start": "00:16:15", "end": "00:16:20", "text": "point being is that um we'd sit down and"}, {"start": "00:16:18", "end": "00:16:23", "text": "Elizabeth and I would both have to"}, {"start": "00:16:20", "end": "00:16:25", "text": "articulate a story from that day on how"}, {"start": "00:16:23", "end": "00:16:29", "text": "we exemplified one of those principles."}, {"start": "00:16:25", "end": "00:16:30", "text": "So I I share that because it's these"}, {"start": "00:16:29", "end": "00:16:33", "text": "principles they're not just business"}, {"start": "00:16:30", "end": "00:16:34", "text": "principles to to you know, build a great"}, {"start": "00:16:33", "end": "00:16:35", "text": "business."}, {"start": "00:16:34", "end": "00:16:38", "text": "Um you can apply them to anything and"}, {"start": "00:16:35", "end": "00:16:39", "text": "everything. Non- You're building a"}, {"start": "00:16:38", "end": "00:16:43", "text": "non-profit. You're you're running a"}, {"start": "00:16:39", "end": "00:16:45", "text": "sports team. You're raising your kids."}, {"start": "00:16:43", "end": "00:16:48", "text": "The these principles apply to everything"}, {"start": "00:16:45", "end": "00:16:50", "text": "and what was amazing about my father was"}, {"start": "00:16:48", "end": "00:16:52", "text": "his consistency"}, {"start": "00:16:50", "end": "00:16:53", "text": "to apply it to every I'd say consistency"}, {"start": "00:16:52", "end": "00:16:54", "text": "but also courage."}, {"start": "00:16:53", "end": "00:16:57", "text": ">> Mhm."}, {"start": "00:16:54", "end": "00:16:59", "text": ">> Um because you know, I mean when he"}, {"start": "00:16:57", "end": "00:17:01", "text": "applied them more broadly outside of"}, {"start": "00:16:59", "end": "00:17:03", "text": "business, he caught a lot of hell for"}, {"start": "00:17:01", "end": "00:17:06", "text": "it. You know, um"}, {"start": "00:17:03", "end": "00:17:08", "text": "there's a lot of folks in the media that"}, {"start": "00:17:06", "end": "00:17:11", "text": "um pounded him for what he believed, but"}, {"start": "00:17:08", "end": "00:17:13", "text": "if you have courage and conviction over"}, {"start": "00:17:11", "end": "00:17:14", "text": "something that and you studied something"}, {"start": "00:17:13", "end": "00:17:16", "text": "about you know, what drives the most"}, {"start": "00:17:14", "end": "00:17:18", "text": "human progress over time and I want to"}, {"start": "00:17:16", "end": "00:17:21", "text": "help the most people that I can,"}, {"start": "00:17:18", "end": "00:17:24", "text": "you'll take the arrows for it. And and"}, {"start": "00:17:21", "end": "00:17:28", "text": "and that's what he did. And I I think"}, {"start": "00:17:24", "end": "00:17:29", "text": "this goes to why we we wrote this book."}, {"start": "00:17:28", "end": "00:17:32", "text": "Um"}, {"start": "00:17:29", "end": "00:17:34", "text": "I think what the the the 41 principles"}, {"start": "00:17:32", "end": "00:17:36", "text": "and becoming a principle-driven leader"}, {"start": "00:17:34", "end": "00:17:39", "text": "that that we have in there,"}, {"start": "00:17:36", "end": "00:17:42", "text": "that's um is really a navigation tool"}, {"start": "00:17:39", "end": "00:17:45", "text": "for someone that's building a business"}, {"start": "00:17:42", "end": "00:17:48", "text": "or like I said, hopefully help them in"}, {"start": "00:17:45", "end": "00:17:50", "text": "every aspect of their life. Cuz we are"}, {"start": "00:17:48", "end": "00:17:52", "text": "living in a time of unprecedented"}, {"start": "00:17:50", "end": "00:17:54", "text": "uncertainty, whether it's economic"}, {"start": "00:17:52", "end": "00:17:57", "text": "uncertainty, whether it's, you know, are"}, {"start": "00:17:54", "end": "00:18:00", "text": "we going to lose our jobs to AI, or a"}, {"start": "00:17:57", "end": "00:18:01", "text": "you know, a lot of divisiveness in our"}, {"start": "00:18:00", "end": "00:18:05", "text": "culture."}, {"start": "00:18:01", "end": "00:18:07", "text": "Um we believe that a a clear principles"}, {"start": "00:18:05", "end": "00:18:09", "text": "framework doesn't have to be our 41."}, {"start": "00:18:07", "end": "00:18:11", "text": "These are just the ones that have helped"}, {"start": "00:18:09", "end": "00:18:14", "text": "us the most. But if you don't have a"}, {"start": "00:18:11", "end": "00:18:17", "text": "clear framework or"}, {"start": "00:18:14", "end": "00:18:19", "text": "or tool set, how are you going to"}, {"start": "00:18:17", "end": "00:18:21", "text": "navigate all this uncertainty? If you"}, {"start": "00:18:19", "end": "00:18:23", "text": "don't, you're just going to blow with"}, {"start": "00:18:21", "end": "00:18:26", "text": "the wind, and like whatever what you"}, {"start": "00:18:23", "end": "00:18:29", "text": "know, especially the next generation,"}, {"start": "00:18:26", "end": "00:18:31", "text": "what what's trending, what's cool, what"}, {"start": "00:18:29", "end": "00:18:33", "text": "people are liking on social media. So,"}, {"start": "00:18:31", "end": "00:18:35", "text": "we feel like we got lucky with the"}, {"start": "00:18:33", "end": "00:18:37", "text": "timing of putting this out. Like we are"}, {"start": "00:18:35", "end": "00:18:39", "text": "in a time of unprecedented uncertainty."}, {"start": "00:18:37", "end": "00:18:42", "text": "How do we get these principles out to as"}, {"start": "00:18:39", "end": "00:18:43", "text": "many people as we can to help them with"}, {"start": "00:18:42", "end": "00:18:45", "text": "that framework?"}, {"start": "00:18:43", "end": "00:18:47", "text": ">> You know, what's interesting is um"}, {"start": "00:18:45", "end": "00:18:49", "text": "\"Tolerance is the virtue of those who"}, {"start": "00:18:47", "end": "00:18:52", "text": "don't stand for anything.\" is a a famous"}, {"start": "00:18:49", "end": "00:18:54", "text": "quote. And you know, you mentioned I"}, {"start": "00:18:52", "end": "00:18:55", "text": "think that your father, but really the"}, {"start": "00:18:54", "end": "00:18:56", "text": "business, and I think you know, it's"}, {"start": "00:18:55", "end": "00:18:57", "text": "very obvious talking with you,"}, {"start": "00:18:56", "end": "00:18:59", "text": "um"}, {"start": "00:18:57", "end": "00:19:00", "text": "you almost start with like, what do you"}, {"start": "00:18:59", "end": "00:19:02", "text": "believe as an individual? And then what"}, {"start": "00:19:00", "end": "00:19:03", "text": "do you believe that a company stands"}, {"start": "00:19:02", "end": "00:19:06", "text": "for, which is just a collection of"}, {"start": "00:19:03", "end": "00:19:08", "text": "individuals? And then what does society"}, {"start": "00:19:06", "end": "00:19:11", "text": "stand for? And a lot of that"}, {"start": "00:19:08", "end": "00:19:14", "text": "divisiveness, etc., I think is um"}, {"start": "00:19:11", "end": "00:19:15", "text": "there's a clash of ideas right at the"}, {"start": "00:19:14", "end": "00:19:16", "text": "societal level which frankly I don't"}, {"start": "00:19:15", "end": "00:19:18", "text": "think that there is like a"}, {"start": "00:19:16", "end": "00:19:19", "text": "one-size-fits-all solution. People"}, {"start": "00:19:18", "end": "00:19:21", "text": "always disagree. They've disagreed for"}, {"start": "00:19:19", "end": "00:19:22", "text": "centuries. They will disagree well after"}, {"start": "00:19:21", "end": "00:19:23", "text": "we are all gone."}, {"start": "00:19:22", "end": "00:19:24", "text": ">> Right."}, {"start": "00:19:23", "end": "00:19:26", "text": ">> But at an individual level I'm always"}, {"start": "00:19:24", "end": "00:19:28", "text": "surprised that you know even if you're"}, {"start": "00:19:26", "end": "00:19:29", "text": "just interviewing a candidate for a job"}, {"start": "00:19:28", "end": "00:19:31", "text": "and you're like you know"}, {"start": "00:19:29", "end": "00:19:32", "text": "what what do you want to do with your"}, {"start": "00:19:31", "end": "00:19:34", "text": "life? Like the intentionality is you"}, {"start": "00:19:32", "end": "00:19:36", "text": "know sometimes not there or you know"}, {"start": "00:19:34", "end": "00:19:38", "text": "what type of company do you want to work"}, {"start": "00:19:36", "end": "00:19:39", "text": "at? And they're kind of like you know"}, {"start": "00:19:38", "end": "00:19:41", "text": "one that pays me well."}, {"start": "00:19:39", "end": "00:19:44", "text": ">> Yeah totally. Whereas I feel like you"}, {"start": "00:19:41", "end": "00:19:46", "text": "guys almost are so clear in what you"}, {"start": "00:19:44", "end": "00:19:48", "text": "individually believe and what a company"}, {"start": "00:19:46", "end": "00:19:49", "text": "believes that it does probably serve as"}, {"start": "00:19:48", "end": "00:19:51", "text": "a huge magnet for talent. You got"}, {"start": "00:19:49", "end": "00:19:52", "text": "145,000 people that work for you."}, {"start": "00:19:51", "end": "00:19:52", "text": ">> Yes."}, {"start": "00:19:52", "end": "00:19:55", "text": ">> But I wouldn't be surprised if it"}, {"start": "00:19:52", "end": "00:19:56", "text": "actually repels away some people too."}, {"start": "00:19:55", "end": "00:19:57", "text": ">> But my guess is that you guys aren't"}, {"start": "00:19:56", "end": "00:19:58", "text": "upset about that. Like it's kind of like"}, {"start": "00:19:57", "end": "00:19:59", "text": "hey we want the right people to come"}, {"start": "00:19:58", "end": "00:20:01", "text": "here and work here right?"}, {"start": "00:19:59", "end": "00:20:03", "text": ">> Yeah no I mean so one of our the"}, {"start": "00:20:01", "end": "00:20:05", "text": "principles that we have that we we"}, {"start": "00:20:03", "end": "00:20:08", "text": "really frame up and spend a lot of time"}, {"start": "00:20:05", "end": "00:20:10", "text": "on in the book is talent."}, {"start": "00:20:08", "end": "00:20:13", "text": "And I would say you know one"}, {"start": "00:20:10", "end": "00:20:16", "text": "principle-based management is our our"}, {"start": "00:20:13", "end": "00:20:18", "text": "biggest competitive advantage that we"}, {"start": "00:20:16", "end": "00:20:20", "text": "have in the market. Um it's our"}, {"start": "00:20:18", "end": "00:20:22", "text": "operating system. I mean it's how we do"}, {"start": "00:20:20", "end": "00:20:26", "text": "business. And and one really critical"}, {"start": "00:20:22", "end": "00:20:27", "text": "element of that is our talent vision and"}, {"start": "00:20:26", "end": "00:20:29", "text": "how we apply the principle of talent."}, {"start": "00:20:27", "end": "00:20:30", "text": "And that is"}, {"start": "00:20:29", "end": "00:20:34", "text": "um"}, {"start": "00:20:30", "end": "00:20:38", "text": "we hire on values first"}, {"start": "00:20:34", "end": "00:20:39", "text": "skill second and credentials last."}, {"start": "00:20:38", "end": "00:20:42", "text": "I would say that's one of our biggest"}, {"start": "00:20:39", "end": "00:20:43", "text": "differentiators as a company."}, {"start": "00:20:42", "end": "00:20:45", "text": ">> What does that What does that mean like"}, {"start": "00:20:43", "end": "00:20:47", "text": ">> Well so so I'll give you some examples."}, {"start": "00:20:45", "end": "00:20:50", "text": "So most companies I think are the"}, {"start": "00:20:47", "end": "00:20:51", "text": "opposite. Credentials first."}, {"start": "00:20:50", "end": "00:20:52", "text": ">> Where'd you go to school? What companies"}, {"start": "00:20:51", "end": "00:20:55", "text": "you work at before?"}, {"start": "00:20:52", "end": "00:20:57", "text": ">> your GPA and all that?"}, {"start": "00:20:55", "end": "00:21:00", "text": "And we feel like all that's nonsense."}, {"start": "00:20:57", "end": "00:21:02", "text": "I mean yes you have to have a gift. You"}, {"start": "00:21:00", "end": "00:21:05", "text": "have to have an intelligence that the"}, {"start": "00:21:02", "end": "00:21:09", "text": "company needs you know and fill a gap"}, {"start": "00:21:05", "end": "00:21:11", "text": "that we have but we look at it at it as"}, {"start": "00:21:09", "end": "00:21:13", "text": "we want someone that is contribution"}, {"start": "00:21:11", "end": "00:21:16", "text": "motivated. This is another principle in"}, {"start": "00:21:13", "end": "00:21:18", "text": "the book. Very very important. Someone's"}, {"start": "00:21:16", "end": "00:21:19", "text": "contribution motivated, they want to"}, {"start": "00:21:18", "end": "00:21:22", "text": "come in, they don't think they know"}, {"start": "00:21:19", "end": "00:21:24", "text": "everything, they're humble, they're open"}, {"start": "00:21:22", "end": "00:21:27", "text": "to a challenge process,"}, {"start": "00:21:24", "end": "00:21:30", "text": "and that they it's all I call it like we"}, {"start": "00:21:27", "end": "00:21:32", "text": "want the farm team kids. The kids that"}, {"start": "00:21:30", "end": "00:21:34", "text": "they didn't have to work on a farm, but"}, {"start": "00:21:32", "end": "00:21:38", "text": "they come with that grit and that value"}, {"start": "00:21:34", "end": "00:21:39", "text": "system of work ethic, and that they"}, {"start": "00:21:38", "end": "00:21:42", "text": "they've got to earn their position. They"}, {"start": "00:21:39", "end": "00:21:43", "text": "have to earn the money that they're"}, {"start": "00:21:42", "end": "00:21:44", "text": "that"}, {"start": "00:21:43", "end": "00:21:47", "text": "you know, their base salary and their"}, {"start": "00:21:44", "end": "00:21:49", "text": "bonus. Just because they came from an"}, {"start": "00:21:47", "end": "00:21:52", "text": "Ivy League school and they have a 4.0"}, {"start": "00:21:49", "end": "00:21:54", "text": "doesn't entitle them to anything, right?"}, {"start": "00:21:52", "end": "00:21:56", "text": "And so that has served us very very"}, {"start": "00:21:54", "end": "00:21:57", "text": "well, and honestly that's the one of the"}, {"start": "00:21:56", "end": "00:22:01", "text": "reasons why we like being in Wichita,"}, {"start": "00:21:57", "end": "00:22:03", "text": "Kansas, in the Midwest. Um and cuz we we"}, {"start": "00:22:01", "end": "00:22:05", "text": "feel like we have access to a lot of"}, {"start": "00:22:03", "end": "00:22:07", "text": "that talent, and some of these"}, {"start": "00:22:05", "end": "00:22:09", "text": "overlooked um universities maybe that"}, {"start": "00:22:07", "end": "00:22:11", "text": "some of the other big companies don't"}, {"start": "00:22:09", "end": "00:22:15", "text": "focus on. They're like we want the cream"}, {"start": "00:22:11", "end": "00:22:16", "text": "of the crop, the um the kids that have"}, {"start": "00:22:15", "end": "00:22:20", "text": "the work ethic that are contribution"}, {"start": "00:22:16", "end": "00:22:23", "text": "motivated, and um and bring them in. And"}, {"start": "00:22:20", "end": "00:22:25", "text": "and I again, I would say that is"}, {"start": "00:22:23", "end": "00:22:27", "text": "probably the biggest differentiator that"}, {"start": "00:22:25", "end": "00:22:28", "text": "we have. I mean, it's all about your"}, {"start": "00:22:27", "end": "00:22:32", "text": "team, you know,"}, {"start": "00:22:28", "end": "00:22:34", "text": "we all know that. Um and"}, {"start": "00:22:32", "end": "00:22:35", "text": "it's who you hire, but also who you"}, {"start": "00:22:34", "end": "00:22:36", "text": "fire."}, {"start": "00:22:35", "end": "00:22:38", "text": ">> Mhm."}, {"start": "00:22:36", "end": "00:22:40", "text": ">> Um and you know, when you have people"}, {"start": "00:22:38", "end": "00:22:41", "text": "that come in that are the opposite of"}, {"start": "00:22:40", "end": "00:22:44", "text": "contribution motivated, and you're"}, {"start": "00:22:41", "end": "00:22:46", "text": "wrong. I mean, in in a company our we're"}, {"start": "00:22:44", "end": "00:22:47", "text": "wrong a lot. Hopefully our numbers are"}, {"start": "00:22:46", "end": "00:22:50", "text": "getting better in terms of how many"}, {"start": "00:22:47", "end": "00:22:51", "text": "times we miss this, but if you hire"}, {"start": "00:22:50", "end": "00:22:54", "text": "someone that's more destructively"}, {"start": "00:22:51", "end": "00:22:58", "text": "motivated or deficiency motivated and"}, {"start": "00:22:54", "end": "00:23:01", "text": "comes in with that entitlement mindset"}, {"start": "00:22:58", "end": "00:23:03", "text": "or victim mentality,"}, {"start": "00:23:01", "end": "00:23:05", "text": "or even worse yet destructively"}, {"start": "00:23:03", "end": "00:23:06", "text": "motivated where it's all about power and"}, {"start": "00:23:05", "end": "00:23:09", "text": "control."}, {"start": "00:23:06", "end": "00:23:12", "text": "Um if my father were here, he would say"}, {"start": "00:23:09", "end": "00:23:14", "text": "the biggest failures that we've had um"}, {"start": "00:23:12", "end": "00:23:17", "text": "across the company is where we let a"}, {"start": "00:23:14", "end": "00:23:20", "text": "destructively motivated leader, really"}, {"start": "00:23:17", "end": "00:23:21", "text": "smart individual, end up being at the"}, {"start": "00:23:20", "end": "00:23:22", "text": "top of the company and we leave them"}, {"start": "00:23:21", "end": "00:23:23", "text": "there too long."}, {"start": "00:23:22", "end": "00:23:26", "text": ">> Mhm."}, {"start": "00:23:23", "end": "00:23:27", "text": ">> Because what that does to the culture of"}, {"start": "00:23:26", "end": "00:23:28", "text": "the entire cuz everyone looks at the"}, {"start": "00:23:27", "end": "00:23:29", "text": "leader."}, {"start": "00:23:28", "end": "00:23:30", "text": ">> They need to wait."}, {"start": "00:23:29", "end": "00:23:33", "text": ">> Right? Everyone looks at the leader and"}, {"start": "00:23:30", "end": "00:23:33", "text": "a reflection of the leader's behaviors"}, {"start": "00:23:33", "end": "00:23:36", "text": "and"}, {"start": "00:23:33", "end": "00:23:39", "text": "and um the expectations of the leader"}, {"start": "00:23:36", "end": "00:23:41", "text": "and how he or she holds themselves. So"}, {"start": "00:23:39", "end": "00:23:43", "text": "everything downstream of a destructively"}, {"start": "00:23:41", "end": "00:23:45", "text": "motivated leader is going to be a"}, {"start": "00:23:43", "end": "00:23:47", "text": "problem. Right? It takes years to clean"}, {"start": "00:23:45", "end": "00:23:49", "text": "that up."}, {"start": "00:23:47", "end": "00:23:51", "text": "So uh it was interesting. We had our"}, {"start": "00:23:49", "end": "00:23:52", "text": "board meeting last week and I was"}, {"start": "00:23:51", "end": "00:23:55", "text": "looking around the room. We have 12"}, {"start": "00:23:52", "end": "00:23:56", "text": "different business units."}, {"start": "00:23:55", "end": "00:23:59", "text": "And um"}, {"start": "00:23:56", "end": "00:24:02", "text": "five of the 12 were basically I call"}, {"start": "00:23:59", "end": "00:24:04", "text": "them kids, but kids that I grew up with"}, {"start": "00:24:02", "end": "00:24:06", "text": "when I came back from what I graduated"}, {"start": "00:24:04", "end": "00:24:09", "text": "from Texas A&M and then came back in and"}, {"start": "00:24:06", "end": "00:24:10", "text": "was finding my way around Coke. These"}, {"start": "00:24:09", "end": "00:24:12", "text": "were um"}, {"start": "00:24:10", "end": "00:24:14", "text": "you know, uh young guys that I worked"}, {"start": "00:24:12", "end": "00:24:18", "text": "with. They were right out of school, 21"}, {"start": "00:24:14", "end": "00:24:21", "text": "to 24 years old and they're now running"}, {"start": "00:24:18", "end": "00:24:24", "text": "five of the 12 businesses at Coke. So"}, {"start": "00:24:21", "end": "00:24:24", "text": "that speaks just to our our talent"}, {"start": "00:24:24", "end": "00:24:25", "text": "model."}, {"start": "00:24:24", "end": "00:24:26", "text": ">> Mhm."}, {"start": "00:24:25", "end": "00:24:28", "text": ">> It's like"}, {"start": "00:24:26", "end": "00:24:31", "text": "it um not only"}, {"start": "00:24:28", "end": "00:24:34", "text": "values first, skills second, credentials"}, {"start": "00:24:31", "end": "00:24:36", "text": "last, but then once they're in, if they"}, {"start": "00:24:34", "end": "00:24:37", "text": "make a contribution, there's no"}, {"start": "00:24:36", "end": "00:24:37", "text": "corporate ladder."}, {"start": "00:24:37", "end": "00:24:41", "text": ">> Mhm."}, {"start": "00:24:37", "end": "00:24:43", "text": ">> They can go from this business to that"}, {"start": "00:24:41", "end": "00:24:44", "text": "business, running supply chain to being"}, {"start": "00:24:43", "end": "00:24:44", "text": "CEO of a company."}, {"start": "00:24:44", "end": "00:24:47", "text": ">> Mhm."}, {"start": "00:24:44", "end": "00:24:50", "text": ">> Um I'll give you one example. Um the"}, {"start": "00:24:47", "end": "00:24:51", "text": "gentleman that I worked with in business"}, {"start": "00:24:50", "end": "00:24:54", "text": "development when we bought"}, {"start": "00:24:51", "end": "00:24:56", "text": "Georgia-Pacific back in 2005, largest"}, {"start": "00:24:54", "end": "00:24:57", "text": "acquisition we at Coke has ever done,"}, {"start": "00:24:56", "end": "00:25:01", "text": "still to this day."}, {"start": "00:24:57", "end": "00:25:04", "text": "Um I think he was 20 years old, 21, and"}, {"start": "00:25:01", "end": "00:25:06", "text": "he was the lead finance and an analysis"}, {"start": "00:25:04", "end": "00:25:10", "text": "on that entire acquisition"}, {"start": "00:25:06", "end": "00:25:12", "text": "at at 21. And now he's the CEO of"}, {"start": "00:25:10", "end": "00:25:14", "text": "Guardian Glass, which is a global glass"}, {"start": "00:25:12", "end": "00:25:16", "text": "manufacturer. I'm just like looking"}, {"start": "00:25:14", "end": "00:25:18", "text": "around the room going, this is a it's"}, {"start": "00:25:16", "end": "00:25:20", "text": "amazing. It's an incredible story. And"}, {"start": "00:25:18", "end": "00:25:22", "text": "like looking at the boardroom was a"}, {"start": "00:25:20", "end": "00:25:24", "text": "reflection of our talent model."}, {"start": "00:25:22", "end": "00:25:26", "text": ">> Today's episode is brought to you by"}, {"start": "00:25:24", "end": "00:25:29", "text": "Figure Markets. All right, everyone, who"}, {"start": "00:25:26", "end": "00:25:31", "text": "wants a slice of $160,000?"}, {"start": "00:25:29", "end": "00:25:32", "text": "Our partner Figure's running a promo"}, {"start": "00:25:31", "end": "00:25:34", "text": "where they're giving back to their"}, {"start": "00:25:32", "end": "00:25:37", "text": "community. From July 27th to August"}, {"start": "00:25:34", "end": "00:25:39", "text": "27th, any user who has never completed a"}, {"start": "00:25:37", "end": "00:25:41", "text": "crypto-backed loan with them can qualify"}, {"start": "00:25:39", "end": "00:25:43", "text": "for this giveaway. Check out the link in"}, {"start": "00:25:41", "end": "00:25:44", "text": "my bio for more information. We're"}, {"start": "00:25:43", "end": "00:25:46", "text": "living in a world of higher-for-longer"}, {"start": "00:25:44", "end": "00:25:48", "text": "rates, tighter credit, [music] and fewer"}, {"start": "00:25:46", "end": "00:25:50", "text": "places to earn real yield. That's why"}, {"start": "00:25:48", "end": "00:25:52", "text": "Figure is interesting. Figure's the"}, {"start": "00:25:50", "end": "00:25:54", "text": "largest non-bank HELOC lender in the"}, {"start": "00:25:52", "end": "00:25:56", "text": "United States with over $22 billion"}, {"start": "00:25:54", "end": "00:25:57", "text": "unlocked for homeowners. They're now"}, {"start": "00:25:56", "end": "00:25:59", "text": "applying that same concept and"}, {"start": "00:25:57", "end": "00:26:01", "text": "innovation to crypto-backed loans and"}, {"start": "00:25:59", "end": "00:26:03", "text": "real-world asset yield. If you're"}, {"start": "00:26:01", "end": "00:26:06", "text": "holding crypto, Figure lets you borrow"}, {"start": "00:26:03", "end": "00:26:08", "text": "against it at 8.91% interest, which is"}, {"start": "00:26:06", "end": "00:26:10", "text": "9.999%"}, {"start": "00:26:08", "end": "00:26:12", "text": "APR with a [music] 50% loan-to-value,"}, {"start": "00:26:10", "end": "00:26:14", "text": "giving you liquidity without selling,"}, {"start": "00:26:12", "end": "00:26:16", "text": "without triggering taxes, and without"}, {"start": "00:26:14", "end": "00:26:19", "text": "stepping out of the market. They use a"}, {"start": "00:26:16", "end": "00:26:21", "text": "decentralized MPC custody, so assets"}, {"start": "00:26:19", "end": "00:26:22", "text": "stay in segregated wallets, protected"}, {"start": "00:26:21", "end": "00:26:25", "text": "from rug pulls, and they've introduced"}, {"start": "00:26:22", "end": "00:26:26", "text": "liquidation protection to help manage"}, {"start": "00:26:25", "end": "00:26:26", "text": "downside volatility."}, {"start": "00:26:26", "end": "00:26:28", "text": ">> [music]"}, {"start": "00:26:26", "end": "00:26:31", "text": ">> And for investors looking for yield,"}, {"start": "00:26:28", "end": "00:26:33", "text": "Democratized Prime offers up to 9% APY"}, {"start": "00:26:31", "end": "00:26:35", "text": "paid hourly, backed by real-world"}, {"start": "00:26:33", "end": "00:26:37", "text": "private credit, real cash flows, and not"}, {"start": "00:26:35", "end": "00:26:39", "text": "speculative token emissions. Figure is"}, {"start": "00:26:37", "end": "00:26:41", "text": "building a new capital market on"}, {"start": "00:26:39", "end": "00:26:43", "text": "blockchain, and now you have access to"}, {"start": "00:26:41", "end": "00:26:45", "text": "the upside. Check them out using the"}, {"start": "00:26:43", "end": "00:26:46", "text": "link below."}, {"start": "00:26:45", "end": "00:26:50", "text": ">> When you're going through the like"}, {"start": "00:26:46", "end": "00:26:51", "text": "interview process, right? It it's um"}, {"start": "00:26:50", "end": "00:26:54", "text": "I think the way you get at like, what"}, {"start": "00:26:51", "end": "00:26:55", "text": "are your values is very unique. Cuz what"}, {"start": "00:26:54", "end": "00:26:57", "text": "you guys aren't screening for from at"}, {"start": "00:26:55", "end": "00:26:58", "text": "least my my understanding is like,"}, {"start": "00:26:57", "end": "00:27:00", "text": "you're not really like, \"Hey, who's"}, {"start": "00:26:58", "end": "00:27:02", "text": "woke? Who's not?\" Like, that's kind of"}, {"start": "00:27:00", "end": "00:27:04", "text": "like high-level, very simple stuff. But"}, {"start": "00:27:02", "end": "00:27:06", "text": "it's actually this like contribution"}, {"start": "00:27:04", "end": "00:27:07", "text": "mindset, right? It's understanding"}, {"start": "00:27:06", "end": "00:27:09", "text": "almost of like, \"Hey, do you understand"}, {"start": "00:27:07", "end": "00:27:11", "text": "what a comparative advantage is and how"}, {"start": "00:27:09", "end": "00:27:12", "text": "you implement it?\" And and you know, the"}, {"start": "00:27:11", "end": "00:27:14", "text": "ability to do some of this. What are you"}, {"start": "00:27:12", "end": "00:27:16", "text": "doing in the interview to kind of suss"}, {"start": "00:27:14", "end": "00:27:16", "text": "this out?"}, {"start": "00:27:16", "end": "00:27:17", "text": ">> Um"}, {"start": "00:27:16", "end": "00:27:18", "text": "We're [clears throat] learning all the"}, {"start": "00:27:17", "end": "00:27:18", "text": "time, yeah."}, {"start": "00:27:18", "end": "00:27:20", "text": ">> Yeah, and and I'm asking from the"}, {"start": "00:27:18", "end": "00:27:22", "text": "perspective of people who are watching"}, {"start": "00:27:20", "end": "00:27:23", "text": "this are, you know, people who run tech"}, {"start": "00:27:22", "end": "00:27:24", "text": "companies. They may be small business"}, {"start": "00:27:23", "end": "00:27:26", "text": "owners. Some of them may even be big"}, {"start": "00:27:24", "end": "00:27:27", "text": "business owners. And like, I think"}, {"start": "00:27:26", "end": "00:27:29", "text": "that's one of the big questions that"}, {"start": "00:27:27", "end": "00:27:31", "text": "people always have. It's like, \"How do I"}, {"start": "00:27:29", "end": "00:27:32", "text": "get better at analyzing the person"}, {"start": "00:27:31", "end": "00:27:34", "text": "sitting across from me as to whether"}, {"start": "00:27:32", "end": "00:27:34", "text": "they will be a good fit for my company"}, {"start": "00:27:34", "end": "00:27:36", "text": "or not?\""}, {"start": "00:27:34", "end": "00:27:38", "text": ">> Well, and the the downside of getting"}, {"start": "00:27:36", "end": "00:27:40", "text": "that wrong is huge. Right? Just like we"}, {"start": "00:27:38", "end": "00:27:43", "text": "talked about, the wrong destructively"}, {"start": "00:27:40", "end": "00:27:45", "text": "motivated leader. Or if you miss on a"}, {"start": "00:27:43", "end": "00:27:45", "text": "hire, it basically costs you 2 years."}, {"start": "00:27:45", "end": "00:27:47", "text": ">> Mhm."}, {"start": "00:27:45", "end": "00:27:49", "text": ">> Because you're going to wait 9 to 12"}, {"start": "00:27:47", "end": "00:27:50", "text": "months to actually make a decision, give"}, {"start": "00:27:49", "end": "00:27:53", "text": "that person a chance, then it doesn't"}, {"start": "00:27:50", "end": "00:27:55", "text": "work out, go back into the market to try"}, {"start": "00:27:53", "end": "00:27:58", "text": "to refill that, you know, that role."}, {"start": "00:27:55", "end": "00:27:59", "text": "That's that's another 6 months probably."}, {"start": "00:27:58", "end": "00:28:02", "text": "And then there's another 12 months of"}, {"start": "00:27:59", "end": "00:28:05", "text": "development of that. And so, the real"}, {"start": "00:28:02", "end": "00:28:08", "text": "cost of a bad hire is significant. So,"}, {"start": "00:28:05", "end": "00:28:11", "text": "to your point, having a great capability"}, {"start": "00:28:08", "end": "00:28:12", "text": "on how you do that up front is is is a"}, {"start": "00:28:11", "end": "00:28:15", "text": "huge competitive advantage if you can"}, {"start": "00:28:12", "end": "00:28:16", "text": "figure it out. So, the way the way we do"}, {"start": "00:28:15", "end": "00:28:19", "text": "that is"}, {"start": "00:28:16", "end": "00:28:22", "text": "um I mean, each business has their own,"}, {"start": "00:28:19", "end": "00:28:24", "text": "you know, kind of HR capability. And the"}, {"start": "00:28:22", "end": "00:28:26", "text": "business leaders are responsible for"}, {"start": "00:28:24", "end": "00:28:27", "text": "their own process and how they do that."}, {"start": "00:28:26", "end": "00:28:31", "text": "So, this is not a cookie-cutter"}, {"start": "00:28:27", "end": "00:28:35", "text": "approach. Um but what we try to apply is"}, {"start": "00:28:31", "end": "00:28:37", "text": "um a an interview-based model. Um well,"}, {"start": "00:28:35", "end": "00:28:41", "text": "I let me start with the the pipeline of"}, {"start": "00:28:37", "end": "00:28:44", "text": "talent as well. Back to where you What"}, {"start": "00:28:41", "end": "00:28:46", "text": "pond are you fishing in matters. Right?"}, {"start": "00:28:44", "end": "00:28:48", "text": "And if you have a values-first mindset,"}, {"start": "00:28:46", "end": "00:28:51", "text": "you want to be fishing in the right pond"}, {"start": "00:28:48", "end": "00:28:53", "text": "that fits your business. So, we do that."}, {"start": "00:28:51", "end": "00:28:55", "text": "Um but then the second thing is the"}, {"start": "00:28:53", "end": "00:28:58", "text": "interview process itself is we try to"}, {"start": "00:28:55", "end": "00:29:01", "text": "get a lot of different people that are"}, {"start": "00:28:58", "end": "00:29:04", "text": "skilled at different principles. So,"}, {"start": "00:29:01", "end": "00:29:06", "text": "whether it's respect, humility,"}, {"start": "00:29:04", "end": "00:29:08", "text": "challenge process,"}, {"start": "00:29:06", "end": "00:29:11", "text": "um innovation and creative destruction."}, {"start": "00:29:08", "end": "00:29:13", "text": "Um you may be very good at the you know,"}, {"start": "00:29:11", "end": "00:29:15", "text": "asking questions around innovation and"}, {"start": "00:29:13", "end": "00:29:17", "text": "how thoughtful they are. Give me"}, {"start": "00:29:15", "end": "00:29:19", "text": "examples when you've you know,"}, {"start": "00:29:17", "end": "00:29:23", "text": "transformed a product or a system, a"}, {"start": "00:29:19", "end": "00:29:26", "text": "process, improved a plant, whatever. Um"}, {"start": "00:29:23", "end": "00:29:28", "text": "but I may be better at sussing out um"}, {"start": "00:29:26", "end": "00:29:30", "text": "whether it's humility or integrity or"}, {"start": "00:29:28", "end": "00:29:33", "text": "respect and some of these very squishy"}, {"start": "00:29:30", "end": "00:29:35", "text": "kind of subjective um principles. So,"}, {"start": "00:29:33", "end": "00:29:38", "text": "what we try to do is get a team of seven"}, {"start": "00:29:35", "end": "00:29:40", "text": "or eight people to all hit, you know,"}, {"start": "00:29:38", "end": "00:29:41", "text": "basically hit the interview process from"}, {"start": "00:29:40", "end": "00:29:44", "text": "different angles."}, {"start": "00:29:41", "end": "00:29:46", "text": "And then we have like a 360 review"}, {"start": "00:29:44", "end": "00:29:49", "text": "process where you know, everyone raise"}, {"start": "00:29:46", "end": "00:29:51", "text": "their hand, would you um would you hire"}, {"start": "00:29:49", "end": "00:29:53", "text": "this person or not and why? And give"}, {"start": "00:29:51", "end": "00:29:54", "text": "give me the examples that you went"}, {"start": "00:29:53", "end": "00:29:58", "text": "through on why you're confident this"}, {"start": "00:29:54", "end": "00:30:00", "text": "individual is strong on the values side."}, {"start": "00:29:58", "end": "00:30:02", "text": "It's a lot more about the values than"}, {"start": "00:30:00", "end": "00:30:02", "text": "the actual skills."}, {"start": "00:30:02", "end": "00:30:05", "text": ">> Interesting."}, {"start": "00:30:02", "end": "00:30:07", "text": ">> Um because we believe once you get them"}, {"start": "00:30:05", "end": "00:30:09", "text": "in, if their contribution motivated and"}, {"start": "00:30:07", "end": "00:30:11", "text": "they have the right raw material to"}, {"start": "00:30:09", "end": "00:30:12", "text": "learn, that they can come in and learn"}, {"start": "00:30:11", "end": "00:30:14", "text": "and we can teach them."}, {"start": "00:30:12", "end": "00:30:16", "text": "Um we take a little and this is also"}, {"start": "00:30:14", "end": "00:30:18", "text": "like you have to take it's long-term"}, {"start": "00:30:16", "end": "00:30:20", "text": "thinking versus short-term thinking even"}, {"start": "00:30:18", "end": "00:30:24", "text": "on the talent development side."}, {"start": "00:30:20", "end": "00:30:27", "text": "So, um that's what I would say is it and"}, {"start": "00:30:24", "end": "00:30:29", "text": "now what we're doing is applying AI to"}, {"start": "00:30:27", "end": "00:30:31", "text": "this. And so, we're working with a"}, {"start": "00:30:29", "end": "00:30:31", "text": "company called Happy Robot"}, {"start": "00:30:31", "end": "00:30:33", "text": ">> Okay."}, {"start": "00:30:31", "end": "00:30:34", "text": ">> that is"}, {"start": "00:30:33", "end": "00:30:35", "text": ">> What a name."}, {"start": "00:30:34", "end": "00:30:37", "text": ">> Yeah, yeah, exactly, [laughter]"}, {"start": "00:30:35", "end": "00:30:38", "text": "exactly. I can't explain why it's called"}, {"start": "00:30:37", "end": "00:30:40", "text": "that."}, {"start": "00:30:38", "end": "00:30:43", "text": "Um but it's it's pretty interesting. I"}, {"start": "00:30:40", "end": "00:30:46", "text": "just got a um kind of a a a a"}, {"start": "00:30:43", "end": "00:30:47", "text": "on this and some examples of how we're"}, {"start": "00:30:46", "end": "00:30:49", "text": "leveraging it cuz even when you're doing"}, {"start": "00:30:47", "end": "00:30:51", "text": "it at scale, I mean think about what I"}, {"start": "00:30:49", "end": "00:30:53", "text": "just described. That takes a lot of"}, {"start": "00:30:51", "end": "00:30:55", "text": "human capital and time and it's the most"}, {"start": "00:30:53", "end": "00:30:56", "text": "important decision you make who you're"}, {"start": "00:30:55", "end": "00:30:59", "text": "going to bring into the company, but if"}, {"start": "00:30:56", "end": "00:31:02", "text": "you can complement that with artificial"}, {"start": "00:30:59", "end": "00:31:05", "text": "intelligence and automate some of these"}, {"start": "00:31:02", "end": "00:31:07", "text": "things to where the top of the filter,"}, {"start": "00:31:05", "end": "00:31:08", "text": "you're getting to who are the"}, {"start": "00:31:07", "end": "00:31:11", "text": "contribution motivated people these"}, {"start": "00:31:08", "end": "00:31:13", "text": "candidates and these are the top 10 of"}, {"start": "00:31:11", "end": "00:31:14", "text": "the 100 that we've talked to, you can"}, {"start": "00:31:13", "end": "00:31:16", "text": "make it a lot more efficient and"}, {"start": "00:31:14", "end": "00:31:17", "text": "hopefully improve your your batting"}, {"start": "00:31:16", "end": "00:31:19", "text": "averages as well."}, {"start": "00:31:17", "end": "00:31:21", "text": ">> Yeah, when I was at Facebook, the"}, {"start": "00:31:19", "end": "00:31:22", "text": "product manager interview track is very"}, {"start": "00:31:21", "end": "00:31:24", "text": "similar. They have three people who"}, {"start": "00:31:22", "end": "00:31:25", "text": "interview. One is more of a technical"}, {"start": "00:31:24", "end": "00:31:27", "text": "interview, one's more kind of an"}, {"start": "00:31:25", "end": "00:31:29", "text": "analytics interview and then one is just"}, {"start": "00:31:27", "end": "00:31:31", "text": "pure company culture interview. They do"}, {"start": "00:31:29", "end": "00:31:33", "text": "not tell the candidate, you know,"}, {"start": "00:31:31", "end": "00:31:35", "text": "who's doing what and then afterwards, I"}, {"start": "00:31:33", "end": "00:31:36", "text": "forget the exact details, but I think it"}, {"start": "00:31:35", "end": "00:31:38", "text": "was all three have to go into the room"}, {"start": "00:31:36", "end": "00:31:40", "text": "and has to be"}, {"start": "00:31:38", "end": "00:31:43", "text": "at least two strong hires and no one can"}, {"start": "00:31:40", "end": "00:31:44", "text": "be a you know, weak to to strong no"}, {"start": "00:31:43", "end": "00:31:44", "text": "hire."}, {"start": "00:31:44", "end": "00:31:46", "text": ">> Yeah."}, {"start": "00:31:44", "end": "00:31:47", "text": ">> And"}, {"start": "00:31:46", "end": "00:31:48", "text": "when you're like going through the"}, {"start": "00:31:47", "end": "00:31:49", "text": "interview process, you're kind of just"}, {"start": "00:31:48", "end": "00:31:51", "text": "like, hey, I'm talking to these people,"}, {"start": "00:31:49", "end": "00:31:53", "text": "you know, I'm meeting whatever."}, {"start": "00:31:51", "end": "00:31:53", "text": "Then we're on the other side."}, {"start": "00:31:53", "end": "00:31:55", "text": ">> Yeah."}, {"start": "00:31:53", "end": "00:31:57", "text": ">> Like, oh, this is way more analytical."}, {"start": "00:31:55", "end": "00:31:58", "text": "This is way more intense than I thought."}, {"start": "00:31:57", "end": "00:31:58", "text": "You know, how the hell did I get in"}, {"start": "00:31:58", "end": "00:32:00", "text": "here?"}, {"start": "00:31:58", "end": "00:32:02", "text": ">> Yeah, it's almost like when you're doing"}, {"start": "00:32:00", "end": "00:32:05", "text": "the interview, ignorance is bliss."}, {"start": "00:32:02", "end": "00:32:06", "text": ">> Yeah, you don't want to know. 100% 100%,"}, {"start": "00:32:05", "end": "00:32:07", "text": "but you know, one of the things that I I"}, {"start": "00:32:06", "end": "00:32:09", "text": "think is really interesting is you"}, {"start": "00:32:07", "end": "00:32:10", "text": "mentioned AI and you know, we started"}, {"start": "00:32:09", "end": "00:32:12", "text": "the conversation with these disruptive"}, {"start": "00:32:10", "end": "00:32:13", "text": "technologies, but I think when most"}, {"start": "00:32:12", "end": "00:32:14", "text": "people think of Coke Industries, they"}, {"start": "00:32:13", "end": "00:32:16", "text": "think of the very hardcore agricultural"}, {"start": "00:32:14", "end": "00:32:19", "text": "stuff and it's probably things that they"}, {"start": "00:32:16", "end": "00:32:20", "text": "historically have with the business."}, {"start": "00:32:19", "end": "00:32:22", "text": "I think I understand that you guys are"}, {"start": "00:32:20", "end": "00:32:23", "text": "starting to push in like from an actual"}, {"start": "00:32:22", "end": "00:32:24", "text": "product standpoint and service"}, {"start": "00:32:23", "end": "00:32:26", "text": "standpoint, you guys are starting to"}, {"start": "00:32:24", "end": "00:32:27", "text": "touch more of like the AI industry and"}, {"start": "00:32:26", "end": "00:32:28", "text": "and"}, {"start": "00:32:27", "end": "00:32:30", "text": "it's related from a capability"}, {"start": "00:32:28", "end": "00:32:32", "text": "perspective, probably not industries"}, {"start": "00:32:30", "end": "00:32:32", "text": "that people would expect you guys to be"}, {"start": "00:32:32", "end": "00:32:34", "text": "showing up in."}, {"start": "00:32:32", "end": "00:32:36", "text": ">> Yeah, absolutely."}, {"start": "00:32:34", "end": "00:32:38", "text": "I would say there's a big misperception"}, {"start": "00:32:36", "end": "00:32:40", "text": "and then started there, So, I'm glad you"}, {"start": "00:32:38", "end": "00:32:41", "text": "came back to this of what of who Koch"}, {"start": "00:32:40", "end": "00:32:42", "text": "is."}, {"start": "00:32:41", "end": "00:32:45", "text": "A lot of people think of Koch as like"}, {"start": "00:32:42", "end": "00:32:48", "text": "where we started as a, you know, a large"}, {"start": "00:32:45", "end": "00:32:48", "text": "private industrial company."}, {"start": "00:32:48", "end": "00:32:50", "text": ">> I thought you were out pumping"}, {"start": "00:32:48", "end": "00:32:52", "text": "[clears throat] oil yourself."}, {"start": "00:32:50", "end": "00:32:55", "text": ">> Well, I did [laughter] do a lot of that."}, {"start": "00:32:52", "end": "00:32:57", "text": "I had all the teenage jobs every summer"}, {"start": "00:32:55", "end": "00:32:59", "text": "working in refineries and feed yards and"}, {"start": "00:32:57", "end": "00:33:01", "text": "gas liquids plants. So, I cut my teeth"}, {"start": "00:32:59", "end": "00:33:02", "text": "on that. That is true. But if you look"}, {"start": "00:33:01", "end": "00:33:04", "text": "at"}, {"start": "00:33:02", "end": "00:33:06", "text": "Koch today, I mentioned we touched the"}, {"start": "00:33:04", "end": "00:33:08", "text": "majority of the economy. We're in"}, {"start": "00:33:06", "end": "00:33:11", "text": "everything from wood products to glass"}, {"start": "00:33:08", "end": "00:33:13", "text": "manufacturing to agriculture."}, {"start": "00:33:11", "end": "00:33:16", "text": "Um, but we're more of a technology"}, {"start": "00:33:13", "end": "00:33:18", "text": "company than an industrial company. Um,"}, {"start": "00:33:16", "end": "00:33:21", "text": "I think that's a better framing for what"}, {"start": "00:33:18", "end": "00:33:24", "text": "reality is today. We've spent We've"}, {"start": "00:33:21", "end": "00:33:26", "text": "invested 50 billion over the last"}, {"start": "00:33:24", "end": "00:33:28", "text": "eightish years."}, {"start": "00:33:26", "end": "00:33:30", "text": "And those are um, two ex- two"}, {"start": "00:33:28", "end": "00:33:32", "text": ">> In technology, sorry."}, {"start": "00:33:30", "end": "00:33:35", "text": "Um, and two examples would be that are"}, {"start": "00:33:32", "end": "00:33:37", "text": "two of our, I would say, 12 different"}, {"start": "00:33:35", "end": "00:33:39", "text": "business platforms that we have are just"}, {"start": "00:33:37", "end": "00:33:43", "text": "pure technology companies. One would be"}, {"start": "00:33:39", "end": "00:33:46", "text": "Infor. Um, that um, that's actually um,"}, {"start": "00:33:43", "end": "00:33:49", "text": "has been based here in New York City."}, {"start": "00:33:46", "end": "00:33:52", "text": "But that's ERP software, right? So, when"}, {"start": "00:33:49", "end": "00:33:53", "text": "we acquired Infor, that was that brought"}, {"start": "00:33:52", "end": "00:33:56", "text": "us"}, {"start": "00:33:53", "end": "00:33:58", "text": "north of 30,000 software engineers"}, {"start": "00:33:56", "end": "00:34:00", "text": "overnight. So, you can imagine from a"}, {"start": "00:33:58", "end": "00:34:02", "text": "capability lens what that did to teach"}, {"start": "00:34:00", "end": "00:34:03", "text": "us technology and how we should be"}, {"start": "00:34:02", "end": "00:34:04", "text": "applying"}, {"start": "00:34:03", "end": "00:34:07", "text": "um"}, {"start": "00:34:04", "end": "00:34:09", "text": ">> W- Why would Koch buy an ERP software"}, {"start": "00:34:07", "end": "00:34:12", "text": "platform? Like again, you know,"}, {"start": "00:34:09", "end": "00:34:15", "text": "oil, hay, cattle."}, {"start": "00:34:12", "end": "00:34:18", "text": ">> said it in your question, capabilities."}, {"start": "00:34:15", "end": "00:34:21", "text": "Um, we recognized that we were behind in"}, {"start": "00:34:18", "end": "00:34:23", "text": "software and how our businesses were"}, {"start": "00:34:21", "end": "00:34:24", "text": "running. And we we had some"}, {"start": "00:34:23", "end": "00:34:27", "text": "old, you know, a lot of different"}, {"start": "00:34:24", "end": "00:34:28", "text": "software systems that were kind of"}, {"start": "00:34:27", "end": "00:34:30", "text": "um, holding some of the companies"}, {"start": "00:34:28", "end": "00:34:33", "text": "together with bubble gum and bailing"}, {"start": "00:34:30", "end": "00:34:36", "text": "wire. Just we were under-invested there."}, {"start": "00:34:33", "end": "00:34:38", "text": "So, I think when the Infor opportunity"}, {"start": "00:34:36", "end": "00:34:41", "text": "came around, um we saw that that could"}, {"start": "00:34:38", "end": "00:34:43", "text": "be a new capability for Koch. Not just a"}, {"start": "00:34:41", "end": "00:34:46", "text": "new business, but it could teach the"}, {"start": "00:34:43", "end": "00:34:48", "text": "rest of the companies about um"}, {"start": "00:34:46", "end": "00:34:50", "text": "how to run a business more efficiently,"}, {"start": "00:34:48", "end": "00:34:54", "text": "how to understand our customer better,"}, {"start": "00:34:50", "end": "00:34:58", "text": "how to have better analytics um in our"}, {"start": "00:34:54", "end": "00:34:59", "text": "supply chain, right? And so, that's"}, {"start": "00:34:58", "end": "00:35:00", "text": "that's"}, {"start": "00:34:59", "end": "00:35:03", "text": "kind of getting into our business"}, {"start": "00:35:00", "end": "00:35:05", "text": "development approach as well. And if if"}, {"start": "00:35:03", "end": "00:35:06", "text": "you look at if you look at the history"}, {"start": "00:35:05", "end": "00:35:08", "text": "of Koch, that I think this could be"}, {"start": "00:35:06", "end": "00:35:12", "text": "helpful to your audience as well."}, {"start": "00:35:08", "end": "00:35:13", "text": "Um and the evolution of it. One of the"}, {"start": "00:35:12", "end": "00:35:15", "text": "biggest differentiators was our"}, {"start": "00:35:13", "end": "00:35:17", "text": "application of the principle"}, {"start": "00:35:15", "end": "00:35:18", "text": "capabilities."}, {"start": "00:35:17", "end": "00:35:22", "text": "So,"}, {"start": "00:35:18", "end": "00:35:24", "text": "how did Koch go from being a small"}, {"start": "00:35:22", "end": "00:35:27", "text": "southern Oklahoma crude oil gathering"}, {"start": "00:35:24", "end": "00:35:28", "text": "company to one that touches the majority"}, {"start": "00:35:27", "end": "00:35:29", "text": "of the economy? A lot of people are"}, {"start": "00:35:28", "end": "00:35:30", "text": "like, \"Well, how does all that make"}, {"start": "00:35:29", "end": "00:35:32", "text": "sense?\""}, {"start": "00:35:30", "end": "00:35:34", "text": "And it is these principles that we're"}, {"start": "00:35:32", "end": "00:35:37", "text": "talking about, but one in particular is"}, {"start": "00:35:34", "end": "00:35:39", "text": "capabilities. We have looked at the"}, {"start": "00:35:37", "end": "00:35:42", "text": "growth of Koch through the lens almost"}, {"start": "00:35:39", "end": "00:35:44", "text": "like of horizontal capabilities as"}, {"start": "00:35:42", "end": "00:35:46", "text": "opposed to vertical industries. So, when"}, {"start": "00:35:44", "end": "00:35:48", "text": "you think about business that way of"}, {"start": "00:35:46", "end": "00:35:51", "text": "like, \"Where where am I strongest? What"}, {"start": "00:35:48", "end": "00:35:53", "text": "have I demonstrated to customers where I"}, {"start": "00:35:51", "end": "00:35:55", "text": "can add unique value and build"}, {"start": "00:35:53", "end": "00:35:59", "text": "competitive advantage?\" Koch started"}, {"start": "00:35:55", "end": "00:36:00", "text": "around um engineering,"}, {"start": "00:35:59", "end": "00:36:02", "text": "um"}, {"start": "00:36:00", "end": "00:36:06", "text": "uh heavy operations. So, you know,"}, {"start": "00:36:02", "end": "00:36:07", "text": "refiners, pipe refineries, pipelines,"}, {"start": "00:36:06", "end": "00:36:08", "text": "um"}, {"start": "00:36:07", "end": "00:36:10", "text": "things that required significant"}, {"start": "00:36:08", "end": "00:36:12", "text": "investment that were that were difficult"}, {"start": "00:36:10", "end": "00:36:15", "text": "to operate. We had a strong capability"}, {"start": "00:36:12", "end": "00:36:17", "text": "there. And then trading and logistics."}, {"start": "00:36:15", "end": "00:36:20", "text": "We're pretty good at moving product from"}, {"start": "00:36:17", "end": "00:36:22", "text": "product from point A to point B and"}, {"start": "00:36:20", "end": "00:36:25", "text": "really optimizing that for the customer."}, {"start": "00:36:22", "end": "00:36:27", "text": "So, when you combine those three things,"}, {"start": "00:36:25", "end": "00:36:29", "text": "those were our core capabilities that we"}, {"start": "00:36:27", "end": "00:36:30", "text": "looked at and said, \"Okay, instead of"}, {"start": "00:36:29", "end": "00:36:32", "text": "well, we want to get bigger in"}, {"start": "00:36:30", "end": "00:36:35", "text": "pipelines. We want to go from whatever"}, {"start": "00:36:32", "end": "00:36:37", "text": "20% market share to 40% market share or"}, {"start": "00:36:35", "end": "00:36:39", "text": "the same in refining where where we"}, {"start": "00:36:37", "end": "00:36:40", "text": "started.\" We looked at it and said,"}, {"start": "00:36:39", "end": "00:36:43", "text": "\"Where can we apply those three"}, {"start": "00:36:40", "end": "00:36:45", "text": "capabilities across other industries"}, {"start": "00:36:43", "end": "00:36:48", "text": "that are maybe slightly depressed where"}, {"start": "00:36:45", "end": "00:36:50", "text": "we can get in at a reasonable valuation,"}, {"start": "00:36:48", "end": "00:36:52", "text": "test and learn and bring those"}, {"start": "00:36:50", "end": "00:36:54", "text": "capabilities horizontally into new"}, {"start": "00:36:52", "end": "00:36:57", "text": "industries?\" Whether it that was in"}, {"start": "00:36:54", "end": "00:37:00", "text": "fertilizers and agriculture. Like we we"}, {"start": "00:36:57", "end": "00:37:02", "text": "we got into that in rough 2003 buying"}, {"start": "00:37:00", "end": "00:37:05", "text": "farmland out of bankruptcy."}, {"start": "00:37:02", "end": "00:37:08", "text": "Um Georgia-Pacific 2005 wood products."}, {"start": "00:37:05", "end": "00:37:10", "text": "How do How does pipelines and refineries"}, {"start": "00:37:08", "end": "00:37:13", "text": "relate to that? Well, those three"}, {"start": "00:37:10", "end": "00:37:16", "text": "capabilities I described, we could bring"}, {"start": "00:37:13", "end": "00:37:19", "text": "that value to wood products. We could"}, {"start": "00:37:16", "end": "00:37:22", "text": "bring that to agriculture. So, I would"}, {"start": "00:37:19", "end": "00:37:24", "text": "say um that's a very different way to"}, {"start": "00:37:22", "end": "00:37:26", "text": "look at business business development"}, {"start": "00:37:24", "end": "00:37:29", "text": "where you want to grow because a lot of"}, {"start": "00:37:26", "end": "00:37:30", "text": "companies and I think public companies"}, {"start": "00:37:29", "end": "00:37:32", "text": "fall into this trap as well. It's just"}, {"start": "00:37:30", "end": "00:37:34", "text": "how do I just get more market share in"}, {"start": "00:37:32", "end": "00:37:35", "text": "my vertical industry whereas we look at"}, {"start": "00:37:34", "end": "00:37:36", "text": "it horizontally."}, {"start": "00:37:35", "end": "00:37:38", "text": ">> I I've heard"}, {"start": "00:37:36", "end": "00:37:40", "text": "your dad Charles and you both talk about"}, {"start": "00:37:38", "end": "00:37:43", "text": "this where"}, {"start": "00:37:40", "end": "00:37:45", "text": "this like capability component it almost"}, {"start": "00:37:43", "end": "00:37:46", "text": "prevents you from thinking of we're an"}, {"start": "00:37:45", "end": "00:37:49", "text": "oil company. We're a you know,"}, {"start": "00:37:46", "end": "00:37:51", "text": "agriculture business. It's very much"}, {"start": "00:37:49", "end": "00:37:51", "text": "hey, we're really good at moving things."}, {"start": "00:37:51", "end": "00:37:51", "text": ">> Yeah."}, {"start": "00:37:51", "end": "00:37:54", "text": ">> [laughter]"}, {"start": "00:37:51", "end": "00:37:54", "text": ">> That's right. What else can we move?"}, {"start": "00:37:54", "end": "00:37:57", "text": "That's it."}, {"start": "00:37:54", "end": "00:37:58", "text": ">> And I think that some of the great have"}, {"start": "00:37:57", "end": "00:38:00", "text": "done that and you know, you can even"}, {"start": "00:37:58", "end": "00:38:01", "text": "look at something like a Berkshire. Like"}, {"start": "00:38:00", "end": "00:38:02", "text": "what is their"}, {"start": "00:38:01", "end": "00:38:04", "text": "competitive advantage? It's like they're"}, {"start": "00:38:02", "end": "00:38:05", "text": "really good at allocating capital. And"}, {"start": "00:38:04", "end": "00:38:07", "text": "it kind of doesn't matter what the"}, {"start": "00:38:05", "end": "00:38:08", "text": "underlying business is. They're in"}, {"start": "00:38:07", "end": "00:38:10", "text": "everything from candy to you know,"}, {"start": "00:38:08", "end": "00:38:12", "text": "Apple. Right? But but they're really"}, {"start": "00:38:10", "end": "00:38:14", "text": "good at understanding business and"}, {"start": "00:38:12", "end": "00:38:16", "text": "underwriting you know, risk and downside"}, {"start": "00:38:14", "end": "00:38:17", "text": "and then allocating capital. You guys I"}, {"start": "00:38:16", "end": "00:38:19", "text": "think do that. But what I think people"}, {"start": "00:38:17", "end": "00:38:21", "text": "probably don't understand is a lot of"}, {"start": "00:38:19", "end": "00:38:22", "text": "these opportunities my understanding is"}, {"start": "00:38:21", "end": "00:38:24", "text": "some of them are offensive where you"}, {"start": "00:38:22", "end": "00:38:26", "text": "guys are going out. But you guys also"}, {"start": "00:38:24", "end": "00:38:27", "text": "have become so large and so well"}, {"start": "00:38:26", "end": "00:38:28", "text": "respected that I think you guys get a"}, {"start": "00:38:27", "end": "00:38:28", "text": "lot of phone calls."}, {"start": "00:38:28", "end": "00:38:29", "text": ">> Yes."}, {"start": "00:38:28", "end": "00:38:30", "text": ">> And people are like, \"Hey, you know,"}, {"start": "00:38:29", "end": "00:38:32", "text": "there's this thing in bankruptcy, you"}, {"start": "00:38:30", "end": "00:38:34", "text": "know, are you guys interested?\" Or um"}, {"start": "00:38:32", "end": "00:38:35", "text": "yes, it sounds like maybe even the ERP"}, {"start": "00:38:34", "end": "00:38:36", "text": "software was more of like somebody"}, {"start": "00:38:35", "end": "00:38:38", "text": "brings it to you rather than you guys"}, {"start": "00:38:36", "end": "00:38:38", "text": "are hunting for ERP software."}, {"start": "00:38:38", "end": "00:38:40", "text": ">> Yeah."}, {"start": "00:38:38", "end": "00:38:42", "text": ">> And so having that framework of like, we"}, {"start": "00:38:40", "end": "00:38:43", "text": "know what we stand for, we know kind of"}, {"start": "00:38:42", "end": "00:38:44", "text": "what we want to be in, we understand"}, {"start": "00:38:43", "end": "00:38:46", "text": "what our capabilities are, but we also"}, {"start": "00:38:44", "end": "00:38:47", "text": "understand where we're weak, when these"}, {"start": "00:38:46", "end": "00:38:49", "text": "opportunities come up, I'm assuming it"}, {"start": "00:38:47", "end": "00:38:50", "text": "makes the decision-making much like more"}, {"start": "00:38:49", "end": "00:38:51", "text": "efficient in terms of do we want to"}, {"start": "00:38:50", "end": "00:38:54", "text": "spend time on this or not?"}, {"start": "00:38:51", "end": "00:38:56", "text": ">> It it does. Um but we are a lot of"}, {"start": "00:38:54", "end": "00:38:58", "text": "people would think, \"Okay, we've got"}, {"start": "00:38:56", "end": "00:39:00", "text": "some five-year plan to grow the company,"}, {"start": "00:38:58", "end": "00:39:04", "text": "in which industries we want to be in.\""}, {"start": "00:39:00", "end": "00:39:06", "text": "We're uh much more reactive and"}, {"start": "00:39:04", "end": "00:39:09", "text": "opportunistic."}, {"start": "00:39:06", "end": "00:39:12", "text": "And so Molex is a great example of this."}, {"start": "00:39:09", "end": "00:39:15", "text": "Um we we acquired Molex in 2013. Molex"}, {"start": "00:39:12", "end": "00:39:16", "text": "is one of the largest connector um"}, {"start": "00:39:15", "end": "00:39:18", "text": "companies in the world, connectors and"}, {"start": "00:39:16", "end": "00:39:19", "text": "cables."}, {"start": "00:39:18", "end": "00:39:22", "text": "Um they're in everything from your"}, {"start": "00:39:19", "end": "00:39:24", "text": "iPhone to um"}, {"start": "00:39:22", "end": "00:39:26", "text": "uh healthcare devices. They've got a you"}, {"start": "00:39:24", "end": "00:39:29", "text": "know, whole healthcare with Philips"}, {"start": "00:39:26", "end": "00:39:32", "text": "Medisize. They're in um automobiles as"}, {"start": "00:39:29", "end": "00:39:34", "text": "well with as um autos have They're"}, {"start": "00:39:32", "end": "00:39:36", "text": "basically computers on wheels."}, {"start": "00:39:34", "end": "00:39:37", "text": "Um and then we're in data centers as"}, {"start": "00:39:36", "end": "00:39:39", "text": "well, the connectors and the cabling."}, {"start": "00:39:37", "end": "00:39:42", "text": "So, um"}, {"start": "00:39:39", "end": "00:39:43", "text": "when we when we got that opportunity,"}, {"start": "00:39:42", "end": "00:39:45", "text": "and that was owned by the Krehbiel"}, {"start": "00:39:43", "end": "00:39:46", "text": "family, and that was a public company"}, {"start": "00:39:45", "end": "00:39:49", "text": "for"}, {"start": "00:39:46", "end": "00:39:51", "text": "30, 40 years. But the Krehbiel family"}, {"start": "00:39:49", "end": "00:39:54", "text": "had um"}, {"start": "00:39:51", "end": "00:39:56", "text": "um majority control over that, but they"}, {"start": "00:39:54", "end": "00:39:58", "text": "wanted to um they didn't have a"}, {"start": "00:39:56", "end": "00:40:02", "text": "succession plan."}, {"start": "00:39:58", "end": "00:40:05", "text": "And they wanted the ability to maintain"}, {"start": "00:40:02", "end": "00:40:07", "text": "the brand and the legacy over time, and"}, {"start": "00:40:05", "end": "00:40:09", "text": "look at a company that that would would"}, {"start": "00:40:07", "end": "00:40:11", "text": "continue to invest in it, and would"}, {"start": "00:40:09", "end": "00:40:14", "text": "could be a would be a great long-term"}, {"start": "00:40:11", "end": "00:40:16", "text": "home. So, that opportunity came about"}, {"start": "00:40:14", "end": "00:40:19", "text": "because I think we had built that brand"}, {"start": "00:40:16", "end": "00:40:21", "text": "over time. And the Molex story is"}, {"start": "00:40:19", "end": "00:40:24", "text": "amazing because we we ended up acquiring"}, {"start": "00:40:21", "end": "00:40:26", "text": "that. Um we convinced the Krehbiel"}, {"start": "00:40:24", "end": "00:40:28", "text": "family that Koch would be a good home"}, {"start": "00:40:26", "end": "00:40:30", "text": "for it. We acquired it. And but we"}, {"start": "00:40:28", "end": "00:40:32", "text": "didn't know a lot of we know anything"}, {"start": "00:40:30", "end": "00:40:35", "text": "about cabling and connectors at the"}, {"start": "00:40:32", "end": "00:40:37", "text": "time. But we have a team that is within"}, {"start": "00:40:35", "end": "00:40:40", "text": "the Koch equity development team that is"}, {"start": "00:40:37", "end": "00:40:42", "text": "excellent at um analysis, you know,"}, {"start": "00:40:40", "end": "00:40:44", "text": "looking at industries, but also being a"}, {"start": "00:40:42", "end": "00:40:45", "text": "capital solution provider. And"}, {"start": "00:40:44", "end": "00:40:47", "text": "understanding the you know, the family"}, {"start": "00:40:45", "end": "00:40:49", "text": "in terms of what are their goals and"}, {"start": "00:40:47", "end": "00:40:51", "text": "then how do we wrap a capital solution"}, {"start": "00:40:49", "end": "00:40:52", "text": "around that? There's a lot of different"}, {"start": "00:40:51", "end": "00:40:55", "text": "examples that that we've done there in"}, {"start": "00:40:52", "end": "00:40:57", "text": "family-owned businesses specifically. Um"}, {"start": "00:40:55", "end": "00:41:00", "text": "but with Molex, we looked at that and"}, {"start": "00:40:57", "end": "00:41:02", "text": "that team said like look this the future"}, {"start": "00:41:00", "end": "00:41:04", "text": "is IoT."}, {"start": "00:41:02", "end": "00:41:05", "text": "Like this room, right? It's it's going"}, {"start": "00:41:04", "end": "00:41:08", "text": "to be connected. There's going to be"}, {"start": "00:41:05", "end": "00:41:11", "text": "data so you can optimize it whether it's"}, {"start": "00:41:08", "end": "00:41:12", "text": "a plant, a product, um IoT is is a wave"}, {"start": "00:41:11", "end": "00:41:15", "text": "of the future and we don't really"}, {"start": "00:41:12", "end": "00:41:16", "text": "understand that. That is a capability"}, {"start": "00:41:15", "end": "00:41:18", "text": "gap for Koch."}, {"start": "00:41:16", "end": "00:41:21", "text": "So when you look at the mutual benefit"}, {"start": "00:41:18", "end": "00:41:23", "text": "of the Molex deal um we could help the"}, {"start": "00:41:21", "end": "00:41:26", "text": "Krehbiel family, but they could help us"}, {"start": "00:41:23", "end": "00:41:30", "text": "by getting into IoT, but then applying"}, {"start": "00:41:26", "end": "00:41:33", "text": "our principles to that to help it grow,"}, {"start": "00:41:30", "end": "00:41:35", "text": "stay private, can you know, um get into"}, {"start": "00:41:33", "end": "00:41:38", "text": "new areas like like data centers that"}, {"start": "00:41:35", "end": "00:41:39", "text": "that we got into. And that's that's been"}, {"start": "00:41:38", "end": "00:41:41", "text": "one of the most interesting stories I"}, {"start": "00:41:39", "end": "00:41:45", "text": "think of any acquisition um that we've"}, {"start": "00:41:41", "end": "00:41:48", "text": "done. Um I there's there's more I could"}, {"start": "00:41:45", "end": "00:41:49", "text": "say there, but um I would say when we"}, {"start": "00:41:48", "end": "00:41:53", "text": "bought that, one of the most important"}, {"start": "00:41:49", "end": "00:41:56", "text": "principles uh was changing paradigms."}, {"start": "00:41:53", "end": "00:41:59", "text": "Because as a public company"}, {"start": "00:41:56", "end": "00:42:01", "text": "going private and going from top-line"}, {"start": "00:41:59", "end": "00:42:04", "text": "thinking and worrying about revenue and"}, {"start": "00:42:01", "end": "00:42:06", "text": "revenue growth to bottom-line value"}, {"start": "00:42:04", "end": "00:42:09", "text": "creation."}, {"start": "00:42:06", "end": "00:42:11", "text": "And a more and then also shifting from"}, {"start": "00:42:09", "end": "00:42:14", "text": "there was a lot of top-down"}, {"start": "00:42:11", "end": "00:42:17", "text": "I would say, decision-making as well,"}, {"start": "00:42:14", "end": "00:42:18", "text": "where we've we've tried to move that"}, {"start": "00:42:17", "end": "00:42:22", "text": "culture over time to bottom-up"}, {"start": "00:42:18", "end": "00:42:24", "text": "empowerment. And um"}, {"start": "00:42:22", "end": "00:42:26", "text": "it's a case study in terms of"}, {"start": "00:42:24", "end": "00:42:28", "text": "transforming the return on capital of a"}, {"start": "00:42:26", "end": "00:42:30", "text": "business with principles."}, {"start": "00:42:28", "end": "00:42:32", "text": "And so there's more I could say there,"}, {"start": "00:42:30", "end": "00:42:33", "text": "but both on the business like how we"}, {"start": "00:42:32", "end": "00:42:35", "text": "think about growth at Coke, that's a"}, {"start": "00:42:33", "end": "00:42:39", "text": "great example, filling a capability gap"}, {"start": "00:42:35", "end": "00:42:42", "text": "with technology. Um but then also having"}, {"start": "00:42:39", "end": "00:42:43", "text": "to change a paradigm culturally within"}, {"start": "00:42:42", "end": "00:42:45", "text": "the organization."}, {"start": "00:42:43", "end": "00:42:47", "text": ">> So how do you take a business let's use"}, {"start": "00:42:45", "end": "00:42:49", "text": "this example or another business."}, {"start": "00:42:47", "end": "00:42:51", "text": "You acquire the business, they're giving"}, {"start": "00:42:49", "end": "00:42:53", "text": "you the business and selling it to you"}, {"start": "00:42:51", "end": "00:42:54", "text": "because reputation, you've got the"}, {"start": "00:42:53", "end": "00:42:57", "text": "capital, you understand what they need,"}, {"start": "00:42:54", "end": "00:42:59", "text": "etc. But then I'm assuming that the"}, {"start": "00:42:57", "end": "00:43:00", "text": "operating principles and the operating,"}, {"start": "00:42:59", "end": "00:43:02", "text": "you know, kind of day-to-day tempo is"}, {"start": "00:43:00", "end": "00:43:03", "text": "very different, especially for a public"}, {"start": "00:43:02", "end": "00:43:05", "text": "company versus going to private,"}, {"start": "00:43:03", "end": "00:43:07", "text": "top-line revenue versus profit-oriented."}, {"start": "00:43:05", "end": "00:43:08", "text": "And you said something to me one time"}, {"start": "00:43:07", "end": "00:43:10", "text": "which I just keep thinking about is like"}, {"start": "00:43:08", "end": "00:43:12", "text": "the holy grail of every business owner"}, {"start": "00:43:10", "end": "00:43:14", "text": "is what if your people knew what to do"}, {"start": "00:43:12", "end": "00:43:14", "text": "without you having to tell them?"}, {"start": "00:43:15", "end": "00:43:16", "text": ">> [laughter]"}, {"start": "00:43:15", "end": "00:43:18", "text": ">> I was like, oh, this guy if he can if he"}, {"start": "00:43:16", "end": "00:43:20", "text": "can teach people to do that, that'd be"}, {"start": "00:43:18", "end": "00:43:20", "text": "amazing."}, {"start": "00:43:20", "end": "00:43:22", "text": ">> Yeah."}, {"start": "00:43:20", "end": "00:43:24", "text": ">> But like how how do you implement or get"}, {"start": "00:43:22", "end": "00:43:26", "text": "to that end result with whether it's"}, {"start": "00:43:24", "end": "00:43:27", "text": "Molex or another business that you guys"}, {"start": "00:43:26", "end": "00:43:29", "text": "acquire? Because I think it's different."}, {"start": "00:43:27", "end": "00:43:31", "text": "If you're starting a company, you get a"}, {"start": "00:43:29", "end": "00:43:32", "text": "hand pick, okay, here's the people we're"}, {"start": "00:43:31", "end": "00:43:34", "text": "going to put into it. They already come"}, {"start": "00:43:32", "end": "00:43:36", "text": "with our operating principles, they"}, {"start": "00:43:34", "end": "00:43:38", "text": "already understand how we do things."}, {"start": "00:43:36", "end": "00:43:39", "text": "That's the DNA of the company from day"}, {"start": "00:43:38", "end": "00:43:40", "text": "one is Coke."}, {"start": "00:43:39", "end": "00:43:41", "text": ">> Yeah."}, {"start": "00:43:40", "end": "00:43:43", "text": ">> It's different when you buy a company"}, {"start": "00:43:41", "end": "00:43:45", "text": "and you bring it in. Now you almost have"}, {"start": "00:43:43", "end": "00:43:47", "text": "to, you know, kind of change the plane"}, {"start": "00:43:45", "end": "00:43:48", "text": "or build a plane while you're in midair."}, {"start": "00:43:47", "end": "00:43:49", "text": "And so you're trying to get all of the"}, {"start": "00:43:48", "end": "00:43:51", "text": "people now have to go from maybe"}, {"start": "00:43:49", "end": "00:43:52", "text": "top-down leadership to, no, you're going"}, {"start": "00:43:51", "end": "00:43:53", "text": "to know what to do without us telling"}, {"start": "00:43:52", "end": "00:43:53", "text": "you what to do."}, {"start": "00:43:53", "end": "00:43:54", "text": ">> Yeah."}, {"start": "00:43:53", "end": "00:43:55", "text": ">> But we're not going to change many of"}, {"start": "00:43:54", "end": "00:43:57", "text": "the people."}, {"start": "00:43:55", "end": "00:43:59", "text": ">> Yeah, I mean your statement is right on."}, {"start": "00:43:57", "end": "00:44:01", "text": "And when people have never heard of"}, {"start": "00:43:59", "end": "00:44:04", "text": "Coke, never heard of principle-based"}, {"start": "00:44:01", "end": "00:44:08", "text": "management, I always say, imagine a"}, {"start": "00:44:04", "end": "00:44:10", "text": "business where people at scale, people"}, {"start": "00:44:08", "end": "00:44:12", "text": "know what to do without being told."}, {"start": "00:44:10", "end": "00:44:14", "text": "Um and then people are like, \"Well,"}, {"start": "00:44:12", "end": "00:44:17", "text": "that's that sounds wild, right?\" Just"}, {"start": "00:44:14", "end": "00:44:19", "text": "like your reaction to me on that. But,"}, {"start": "00:44:17", "end": "00:44:21", "text": "um to be clear, that's a vision. That's"}, {"start": "00:44:19", "end": "00:44:23", "text": "not reality."}, {"start": "00:44:21", "end": "00:44:25", "text": "Um but, you have to start with like what"}, {"start": "00:44:23", "end": "00:44:27", "text": "what is the culture that you're aspiring"}, {"start": "00:44:25", "end": "00:44:30", "text": "to have?"}, {"start": "00:44:27", "end": "00:44:33", "text": "And so, if if if you have that as a"}, {"start": "00:44:30", "end": "00:44:35", "text": "mindset, then you truly have you're"}, {"start": "00:44:33", "end": "00:44:37", "text": "moving towards bottom-up empowerment as"}, {"start": "00:44:35", "end": "00:44:39", "text": "opposed to top-down control and"}, {"start": "00:44:37", "end": "00:44:41", "text": "dependency. Cuz let's let's take the the"}, {"start": "00:44:39", "end": "00:44:44", "text": "other side of that, where you have the"}, {"start": "00:44:41", "end": "00:44:46", "text": "smartest guy in the room, the the leader"}, {"start": "00:44:44", "end": "00:44:49", "text": "that is setting all the strategies, that"}, {"start": "00:44:46", "end": "00:44:51", "text": "is making all the big calls, and then"}, {"start": "00:44:49", "end": "00:44:52", "text": "telling the 10 the 10 other leaders"}, {"start": "00:44:51", "end": "00:44:54", "text": "around the table, you do this, you do"}, {"start": "00:44:52", "end": "00:44:55", "text": "that, you need to go get this customer,"}, {"start": "00:44:54", "end": "00:44:57", "text": "and that."}, {"start": "00:44:55", "end": "00:45:00", "text": "You're missing out on all of the"}, {"start": "00:44:57", "end": "00:45:03", "text": "knowledge downstream of that leader. To"}, {"start": "00:45:00", "end": "00:45:05", "text": "empower those other 10 leaders to say,"}, {"start": "00:45:03", "end": "00:45:07", "text": "\"You're closest to the opportunity."}, {"start": "00:45:05", "end": "00:45:09", "text": "You're closest to the customer. You're"}, {"start": "00:45:07", "end": "00:45:12", "text": "closest to the problem."}, {"start": "00:45:09", "end": "00:45:15", "text": "Um go figure out and innovate the best"}, {"start": "00:45:12", "end": "00:45:17", "text": "way to create the most value.\""}, {"start": "00:45:15", "end": "00:45:18", "text": "Um I'll give you an example of this."}, {"start": "00:45:17", "end": "00:45:21", "text": "Like,"}, {"start": "00:45:18", "end": "00:45:23", "text": "my And so, this is my father's approach."}, {"start": "00:45:21", "end": "00:45:25", "text": "And as we talked about before, it kind"}, {"start": "00:45:23", "end": "00:45:27", "text": "of the culture is downstream of the"}, {"start": "00:45:25", "end": "00:45:30", "text": "leader. Like, you you you know, if if my"}, {"start": "00:45:27", "end": "00:45:31", "text": "father ran Coke top-down, and he wanted"}, {"start": "00:45:30", "end": "00:45:33", "text": "to make every decision, well, you're"}, {"start": "00:45:31", "end": "00:45:36", "text": "going to have that throughout all the"}, {"start": "00:45:33", "end": "00:45:38", "text": "supervisors um within Coke. But, his"}, {"start": "00:45:36", "end": "00:45:40", "text": "approach is more my comparative"}, {"start": "00:45:38", "end": "00:45:42", "text": "advantage is"}, {"start": "00:45:40", "end": "00:45:46", "text": "um around these abstract concepts and"}, {"start": "00:45:42", "end": "00:45:48", "text": "principles, and how do I teach leaders"}, {"start": "00:45:46", "end": "00:45:51", "text": "this to carry it into the business, and"}, {"start": "00:45:48", "end": "00:45:53", "text": "then let them run, right? So, um the"}, {"start": "00:45:51", "end": "00:45:56", "text": "rest of the leaders see that and are"}, {"start": "00:45:53", "end": "00:45:59", "text": "like, \"Oh, wow. I have permission. He's"}, {"start": "00:45:56", "end": "00:46:01", "text": "empowering me. Now, I have permission to"}, {"start": "00:45:59", "end": "00:46:03", "text": "empower my people. Am I running my"}, {"start": "00:46:01", "end": "00:46:05", "text": "business top-down? Am I telling everyone"}, {"start": "00:46:03", "end": "00:46:07", "text": "what to do? Am I acting like the"}, {"start": "00:46:05", "end": "00:46:10", "text": "smartest guy in the room?"}, {"start": "00:46:07", "end": "00:46:12", "text": "And so that has is I think one of the"}, {"start": "00:46:10", "end": "00:46:15", "text": "I'd say the the biggest differences"}, {"start": "00:46:12", "end": "00:46:17", "text": "culturally. But to your point, doing an"}, {"start": "00:46:15", "end": "00:46:19", "text": "acquisition"}, {"start": "00:46:17", "end": "00:46:21", "text": "and where you bring in one that was run"}, {"start": "00:46:19", "end": "00:46:23", "text": "more from top-down and there's a lot of"}, {"start": "00:46:21", "end": "00:46:25", "text": "dependency on the leader to make call"}, {"start": "00:46:23", "end": "00:46:26", "text": "the shots."}, {"start": "00:46:25", "end": "00:46:30", "text": "It takes years."}, {"start": "00:46:26", "end": "00:46:31", "text": "It takes many many years to do that. But"}, {"start": "00:46:30", "end": "00:46:34", "text": "I mean you have to change out talent."}, {"start": "00:46:31", "end": "00:46:36", "text": "You got to get the right leaders in the"}, {"start": "00:46:34", "end": "00:46:37", "text": "right roles. But I think once you have"}, {"start": "00:46:36", "end": "00:46:39", "text": "the leaders that really have a"}, {"start": "00:46:37", "end": "00:46:41", "text": "principle-based approach, you see the"}, {"start": "00:46:39", "end": "00:46:41", "text": "results almost immediately."}, {"start": "00:46:41", "end": "00:46:44", "text": ">> Mhm."}, {"start": "00:46:41", "end": "00:46:46", "text": ">> And and also the results from the water"}, {"start": "00:46:44", "end": "00:46:49", "text": "cooler talk in the company. What do the"}, {"start": "00:46:46", "end": "00:46:50", "text": "employees really say about their Do they"}, {"start": "00:46:49", "end": "00:46:52", "text": "Do they love what they're doing? Are"}, {"start": "00:46:50", "end": "00:46:54", "text": "they self-actualizing? Do they feel like"}, {"start": "00:46:52", "end": "00:46:58", "text": "they're empowered? Do they have the"}, {"start": "00:46:54", "end": "00:46:59", "text": "flexibility to innovate? And so but but"}, {"start": "00:46:58", "end": "00:47:01", "text": "yeah,"}, {"start": "00:46:59", "end": "00:47:03", "text": "growth is a challenge from an"}, {"start": "00:47:01", "end": "00:47:04", "text": "acquisition standpoint."}, {"start": "00:47:03", "end": "00:47:05", "text": ">> I don't know why I never thought of this"}, {"start": "00:47:04", "end": "00:47:06", "text": "before, but"}, {"start": "00:47:05", "end": "00:47:09", "text": "um"}, {"start": "00:47:06", "end": "00:47:11", "text": "do you think that Charles got some of"}, {"start": "00:47:09", "end": "00:47:13", "text": "this idea because his father, your"}, {"start": "00:47:11", "end": "00:47:14", "text": "grandfather, said to him, \"Come back and"}, {"start": "00:47:13", "end": "00:47:16", "text": "run the company and you can do whatever"}, {"start": "00:47:14", "end": "00:47:18", "text": "you want except for you got to get my"}, {"start": "00:47:16", "end": "00:47:19", "text": "permission to sell it.\""}, {"start": "00:47:18", "end": "00:47:21", "text": ">> I mean"}, {"start": "00:47:19", "end": "00:47:22", "text": "Fred Fred leading by example there."}, {"start": "00:47:21", "end": "00:47:24", "text": ">> Mhm."}, {"start": "00:47:22", "end": "00:47:27", "text": ">> I mean he said, \"Come back and run Koch"}, {"start": "00:47:24", "end": "00:47:29", "text": "Engineering.\" And he knew my dad didn't"}, {"start": "00:47:27", "end": "00:47:31", "text": "have a lot of experience in it. But and"}, {"start": "00:47:29", "end": "00:47:31", "text": "he started him on a really hard"}, {"start": "00:47:31", "end": "00:47:33", "text": "business."}, {"start": "00:47:31", "end": "00:47:35", "text": ">> Mhm. For for context for those that"}, {"start": "00:47:33", "end": "00:47:37", "text": "don't know, um Fred Koch is uh"}, {"start": "00:47:35", "end": "00:47:39", "text": ">> My my grandfather."}, {"start": "00:47:37", "end": "00:47:40", "text": ">> And he had Koch Engineering."}, {"start": "00:47:39", "end": "00:47:42", "text": "Your father, Charles,"}, {"start": "00:47:40", "end": "00:47:43", "text": ">> That's right."}, {"start": "00:47:42", "end": "00:47:44", "text": ">> probably was not that interested in"}, {"start": "00:47:43", "end": "00:47:46", "text": "coming and running the business. And"}, {"start": "00:47:44", "end": "00:47:48", "text": "basically your grandfather convinced him"}, {"start": "00:47:46", "end": "00:47:49", "text": "to come back by saying, \"Here's the keys"}, {"start": "00:47:48", "end": "00:47:51", "text": "to the kingdom. It's not a huge"}, {"start": "00:47:49", "end": "00:47:53", "text": "business, but you know, it's we got"}, {"start": "00:47:51", "end": "00:47:54", "text": "something that started. That's it. Go"}, {"start": "00:47:53", "end": "00:47:55", "text": "knock yourself out. Do whatever you want"}, {"start": "00:47:54", "end": "00:47:57", "text": "except for sell the company.\""}, {"start": "00:47:55", "end": "00:48:00", "text": ">> Yeah, I mean a case in point, this was a"}, {"start": "00:47:57", "end": "00:48:01", "text": "time where when he came in my father"}, {"start": "00:48:00", "end": "00:48:03", "text": "came into the company, and my"}, {"start": "00:48:01", "end": "00:48:05", "text": "grandfather asked him to do that, there"}, {"start": "00:48:03", "end": "00:48:08", "text": "was only 300 employees at Coke. Today, I"}, {"start": "00:48:05", "end": "00:48:10", "text": "mentioned there's 145,000, so I remember"}, {"start": "00:48:08", "end": "00:48:12", "text": "my first job,"}, {"start": "00:48:10", "end": "00:48:15", "text": "I was 15 years old, I was employee"}, {"start": "00:48:12", "end": "00:48:17", "text": "8,548."}, {"start": "00:48:15", "end": "00:48:17", "text": "And so, to we"}, {"start": "00:48:17", "end": "00:48:19", "text": ">> Who's counting?"}, {"start": "00:48:17", "end": "00:48:22", "text": ">> Yeah, yeah, [laughter] right."}, {"start": "00:48:19", "end": "00:48:25", "text": "But, I it just it goes to we've seen so"}, {"start": "00:48:22", "end": "00:48:30", "text": "much in terms of the both failures and"}, {"start": "00:48:25", "end": "00:48:31", "text": "successes of the company, and I just"}, {"start": "00:48:30", "end": "00:48:32", "text": "high-level message,"}, {"start": "00:48:31", "end": "00:48:33", "text": "um"}, {"start": "00:48:32", "end": "00:48:35", "text": "you know, from the book and all the"}, {"start": "00:48:33", "end": "00:48:37", "text": "learnings and all the stories that we"}, {"start": "00:48:35", "end": "00:48:38", "text": "tell, we learn a hell of a lot more from"}, {"start": "00:48:37", "end": "00:48:40", "text": "failure than we do success."}, {"start": "00:48:38", "end": "00:48:42", "text": ">> It's interesting this idea of failure"}, {"start": "00:48:40", "end": "00:48:44", "text": "because, um, one of the themes that I"}, {"start": "00:48:42", "end": "00:48:46", "text": "take out of"}, {"start": "00:48:44", "end": "00:48:47", "text": "multiple books I've read now, I think"}, {"start": "00:48:46", "end": "00:48:47", "text": "even actually I've read some of the"}, {"start": "00:48:47", "end": "00:48:48", "text": "book, I don't know if you know this,"}, {"start": "00:48:47", "end": "00:48:50", "text": "I've read some of the books that I would"}, {"start": "00:48:48", "end": "00:48:52", "text": "say the critics have written, and I"}, {"start": "00:48:50", "end": "00:48:54", "text": "always like reading,"}, {"start": "00:48:52", "end": "00:48:56", "text": "um, you know, there's"}, {"start": "00:48:54", "end": "00:48:57", "text": "a book that was written about,"}, {"start": "00:48:56", "end": "00:48:58", "text": "um, one of the Murdochs, right? There"}, {"start": "00:48:57", "end": "00:49:00", "text": "was a book that was written about Peter"}, {"start": "00:48:58", "end": "00:49:01", "text": "Thiel, and it's like very much like the"}, {"start": "00:49:00", "end": "00:49:03", "text": "negative slant. And what I find"}, {"start": "00:49:01", "end": "00:49:04", "text": "interesting about them is like, one, you"}, {"start": "00:49:03", "end": "00:49:07", "text": "kind of get both sides of the story,"}, {"start": "00:49:04", "end": "00:49:09", "text": "right? But, the, um, anecdotes from the"}, {"start": "00:49:07", "end": "00:49:10", "text": "critics are always like the most absurd"}, {"start": "00:49:09", "end": "00:49:11", "text": "kind of things, whatever."}, {"start": "00:49:10", "end": "00:49:13", "text": ">> Sure."}, {"start": "00:49:11", "end": "00:49:15", "text": ">> But, throughout every single book, one"}, {"start": "00:49:13", "end": "00:49:16", "text": "through line, and even in some of the"}, {"start": "00:49:15", "end": "00:49:18", "text": "public commentary, is"}, {"start": "00:49:16", "end": "00:49:20", "text": "we almost went bankrupt. We almost went"}, {"start": "00:49:18", "end": "00:49:21", "text": "bankrupt. And it's like, you know,"}, {"start": "00:49:20", "end": "00:49:22", "text": "Purina, and like we can go through like"}, {"start": "00:49:21", "end": "00:49:23", "text": "maybe there's four or five of these"}, {"start": "00:49:22", "end": "00:49:26", "text": "examples that are constantly talked"}, {"start": "00:49:23", "end": "00:49:28", "text": "about. And so, like, how much of the"}, {"start": "00:49:26", "end": "00:49:31", "text": "success that the business has today was"}, {"start": "00:49:28", "end": "00:49:32", "text": "you had to be willing to take the risk"}, {"start": "00:49:31", "end": "00:49:34", "text": "of almost putting the business out of,"}, {"start": "00:49:32", "end": "00:49:37", "text": "you know, almost going out of business"}, {"start": "00:49:34", "end": "00:49:38", "text": "in order to drive, you know, 10,000 or"}, {"start": "00:49:37", "end": "00:49:39", "text": "10,000 X growth?"}, {"start": "00:49:38", "end": "00:49:41", "text": ">> Yeah,"}, {"start": "00:49:39", "end": "00:49:42", "text": "well, we didn't have to make those dumb"}, {"start": "00:49:41", "end": "00:49:43", "text": "decisions."}, {"start": "00:49:42", "end": "00:49:47", "text": ">> [laughter]"}, {"start": "00:49:43", "end": "00:49:48", "text": ">> Um, but what what the way we describe it"}, {"start": "00:49:47", "end": "00:49:51", "text": "is that we learned a lot from those"}, {"start": "00:49:48", "end": "00:49:54", "text": "failures, and we we we learned what"}, {"start": "00:49:51", "end": "00:49:56", "text": "principle we missed"}, {"start": "00:49:54", "end": "00:50:00", "text": "um or probably set of principles that we"}, {"start": "00:49:56", "end": "00:50:02", "text": "missed um to basically dig ourselves out"}, {"start": "00:50:00", "end": "00:50:04", "text": "of the ditch and and transform and"}, {"start": "00:50:02", "end": "00:50:07", "text": "started applying the principles. So"}, {"start": "00:50:04", "end": "00:50:11", "text": "Purina is a great example and we tried"}, {"start": "00:50:07", "end": "00:50:13", "text": "to basically um in the the ag world"}, {"start": "00:50:11", "end": "00:50:15", "text": "basically be part of the entire value"}, {"start": "00:50:13", "end": "00:50:17", "text": "chain. It was called the gas to bread"}, {"start": "00:50:15", "end": "00:50:18", "text": "spread. Everything we were bringing"}, {"start": "00:50:17", "end": "00:50:21", "text": "pulling natural gas out of the ground to"}, {"start": "00:50:18", "end": "00:50:24", "text": "make the nitrogen that was then planted"}, {"start": "00:50:21", "end": "00:50:27", "text": "to to um to grow the food and then pizza"}, {"start": "00:50:24", "end": "00:50:28", "text": "crusts on the the the you know the the"}, {"start": "00:50:27", "end": "00:50:29", "text": "um"}, {"start": "00:50:28", "end": "00:50:31", "text": "at the grocery store."}, {"start": "00:50:29", "end": "00:50:34", "text": "And"}, {"start": "00:50:31", "end": "00:50:37", "text": "uh what you realize is that we we had"}, {"start": "00:50:34", "end": "00:50:38", "text": "very quickly in a short period of time"}, {"start": "00:50:37", "end": "00:50:40", "text": "completely violated almost all of our"}, {"start": "00:50:38", "end": "00:50:42", "text": "principles."}, {"start": "00:50:40", "end": "00:50:44", "text": "Um where are your true capabilities?"}, {"start": "00:50:42", "end": "00:50:47", "text": "Where can you add value? We violated"}, {"start": "00:50:44", "end": "00:50:50", "text": "experimental discovery. We plunged into"}, {"start": "00:50:47", "end": "00:50:52", "text": "things and made huge bets without really"}, {"start": "00:50:50", "end": "00:50:57", "text": "understanding them."}, {"start": "00:50:52", "end": "00:50:59", "text": "And um yeah, I mean like that Purina was"}, {"start": "00:50:57", "end": "00:51:01", "text": "bankrupt the day we bought it because we"}, {"start": "00:50:59", "end": "00:51:04", "text": "didn't do we didn't apply the scientific"}, {"start": "00:51:01", "end": "00:51:06", "text": "method, another one of our principles,"}, {"start": "00:51:04", "end": "00:51:07", "text": "to the diligence process and said, \"What"}, {"start": "00:51:06", "end": "00:51:08", "text": "are all the reasons we should not do"}, {"start": "00:51:07", "end": "00:51:10", "text": "this deal?\""}, {"start": "00:51:08", "end": "00:51:11", "text": "And so when you have that mindset and"}, {"start": "00:51:10", "end": "00:51:13", "text": "everyone's full board, we got to get"}, {"start": "00:51:11", "end": "00:51:16", "text": "this deal done. We got to be have this"}, {"start": "00:51:13", "end": "00:51:18", "text": "whole gas to bread spread vision,"}, {"start": "00:51:16", "end": "00:51:19", "text": "then what you're going to do is like"}, {"start": "00:51:18", "end": "00:51:21", "text": "look the other way on some of the"}, {"start": "00:51:19", "end": "00:51:24", "text": "diligence. And so we find ourselves day"}, {"start": "00:51:21", "end": "00:51:25", "text": "one out of the you know um that we"}, {"start": "00:51:24", "end": "00:51:27", "text": "acquired a bunch of out of the money hog"}, {"start": "00:51:25", "end": "00:51:30", "text": "contracts that were hundreds of millions"}, {"start": "00:51:27", "end": "00:51:32", "text": "of dollars under underwater. So I mean"}, {"start": "00:51:30", "end": "00:51:34", "text": "just think about two principles I went"}, {"start": "00:51:32", "end": "00:51:36", "text": "through there. Where are your true"}, {"start": "00:51:34", "end": "00:51:38", "text": "capabilities? Focus on that. Don't try"}, {"start": "00:51:36", "end": "00:51:40", "text": "to overgrow into all these different"}, {"start": "00:51:38", "end": "00:51:43", "text": "value chains that that you have no"}, {"start": "00:51:40", "end": "00:51:45", "text": "business being in. But then also um"}, {"start": "00:51:43", "end": "00:51:47", "text": "experimental discovery."}, {"start": "00:51:45", "end": "00:51:51", "text": "Um it's okay to"}, {"start": "00:51:47", "end": "00:51:55", "text": "Um, but make a responsible sized bet"}, {"start": "00:51:51", "end": "00:51:57", "text": "that is basic you know, that is close to"}, {"start": "00:51:55", "end": "00:51:57", "text": "or equal to the size of your knowledge."}, {"start": "00:51:57", "end": "00:52:00", "text": ">> Mhm."}, {"start": "00:51:57", "end": "00:52:02", "text": ">> Right? And we talk about failure as it's"}, {"start": "00:52:00", "end": "00:52:04", "text": "not a failure if you're really driving"}, {"start": "00:52:02", "end": "00:52:08", "text": "experimental discovery and the value of"}, {"start": "00:52:04", "end": "00:52:10", "text": "the learning exceeds the the the cost of"}, {"start": "00:52:08", "end": "00:52:11", "text": "the loss or the failure."}, {"start": "00:52:10", "end": "00:52:13", "text": ">> Mhm."}, {"start": "00:52:11", "end": "00:52:16", "text": ">> And so I think that's"}, {"start": "00:52:13", "end": "00:52:19", "text": "being a private company, thinking very"}, {"start": "00:52:16", "end": "00:52:20", "text": "long-term. If you're worried about, you"}, {"start": "00:52:19", "end": "00:52:23", "text": "know, it's like we got a little red ink"}, {"start": "00:52:20", "end": "00:52:25", "text": "in the next 3 months, you're not going"}, {"start": "00:52:23", "end": "00:52:29", "text": "to be driving those experiments. Right?"}, {"start": "00:52:25", "end": "00:52:31", "text": "And so we try to have a very robust"}, {"start": "00:52:29", "end": "00:52:34", "text": "experimental discovery culture"}, {"start": "00:52:31", "end": "00:52:36", "text": "um, to where every capability, every"}, {"start": "00:52:34", "end": "00:52:37", "text": "individual, every business, they're"}, {"start": "00:52:36", "end": "00:52:39", "text": "coming to the quarterly business reviews"}, {"start": "00:52:37", "end": "00:52:41", "text": "with here's where I'm experimenting,"}, {"start": "00:52:39", "end": "00:52:43", "text": "here's where I'm innovating and they're"}, {"start": "00:52:41", "end": "00:52:45", "text": "not beat down because they're like,"}, {"start": "00:52:43", "end": "00:52:46", "text": "\"Hey, we we shut this experiment down"}, {"start": "00:52:45", "end": "00:52:47", "text": "and this one and this one.\" It's like,"}, {"start": "00:52:46", "end": "00:52:48", "text": "\"Well, what did you learn? How are you"}, {"start": "00:52:47", "end": "00:52:49", "text": "going to apply that to your future"}, {"start": "00:52:48", "end": "00:52:51", "text": "strategy?\""}, {"start": "00:52:49", "end": "00:52:52", "text": ">> Today's episode is brought to you by"}, {"start": "00:52:51", "end": "00:52:54", "text": "Arch Public. Arch Public has just"}, {"start": "00:52:52", "end": "00:52:56", "text": "expanded its agentic trading platform"}, {"start": "00:52:54", "end": "00:52:58", "text": "beyond crypto. So pay attention, this is"}, {"start": "00:52:56", "end": "00:53:00", "text": "a big one. Now, they are automating"}, {"start": "00:52:58", "end": "00:53:02", "text": "strategies across stocks, commodities"}, {"start": "00:53:00", "end": "00:53:04", "text": "and ETFs and I think that this is going"}, {"start": "00:53:02", "end": "00:53:06", "text": "to be huge. You can now automatically"}, {"start": "00:53:04", "end": "00:53:07", "text": "take profits when one market hits new"}, {"start": "00:53:06", "end": "00:53:09", "text": "all-time highs and rotate that capital"}, {"start": "00:53:07", "end": "00:53:11", "text": "into other markets showing more [music]"}, {"start": "00:53:09", "end": "00:53:13", "text": "opportunity. Whether you're rotating"}, {"start": "00:53:11", "end": "00:53:15", "text": "capital into AI stocks, gold, if you're"}, {"start": "00:53:13", "end": "00:53:17", "text": "investing in the S&P 500 or accumulating"}, {"start": "00:53:15", "end": "00:53:18", "text": "Bitcoin, Arch Public brings real"}, {"start": "00:53:17", "end": "00:53:20", "text": "discipline and automation to your"}, {"start": "00:53:18", "end": "00:53:22", "text": "investment strategy. Additionally,"}, {"start": "00:53:20", "end": "00:53:23", "text": "they've launched a powerful new tax loss"}, {"start": "00:53:22", "end": "00:53:26", "text": "harvesting tool. With crypto being so"}, {"start": "00:53:23", "end": "00:53:28", "text": "volatile and its exemption from the wash"}, {"start": "00:53:26", "end": "00:53:30", "text": "sale rule, Arch Public can offset gains"}, {"start": "00:53:28", "end": "00:53:32", "text": "with losses without compromising your"}, {"start": "00:53:30", "end": "00:53:34", "text": "long-term positions. It's exactly what"}, {"start": "00:53:32", "end": "00:53:35", "text": "every serious investor does."}, {"start": "00:53:34", "end": "00:53:37", "text": "Institutional grade automation that"}, {"start": "00:53:35", "end": "00:53:39", "text": "works across every major asset class."}, {"start": "00:53:37", "end": "00:53:41", "text": "There's no more emotional trading, no"}, {"start": "00:53:39", "end": "00:53:43", "text": "more missing tax opportunities, just"}, {"start": "00:53:41", "end": "00:53:44", "text": "smarter, hands-free execution of your"}, {"start": "00:53:43", "end": "00:53:46", "text": "preferred strategies. Go to"}, {"start": "00:53:44", "end": "00:53:48", "text": "archpublic.com"}, {"start": "00:53:46", "end": "00:53:49", "text": "right now. Connect with their team, set"}, {"start": "00:53:48", "end": "00:53:51", "text": "up a time, bring your account in if"}, {"start": "00:53:49", "end": "00:53:53", "text": "you'd like, then you can learn what"}, {"start": "00:53:51", "end": "00:53:55", "text": "automated trading can do for you."}, {"start": "00:53:53", "end": "00:53:56", "text": "archpublic.com"}, {"start": "00:53:55", "end": "00:53:58", "text": "Today's episode is brought to you by"}, {"start": "00:53:56", "end": "00:54:00", "text": "Uphold. Are you someone who's tired of"}, {"start": "00:53:58", "end": "00:54:02", "text": "juggling multiple apps just to trade,"}, {"start": "00:54:00", "end": "00:54:04", "text": "earn, stake, or spend your crypto? Then"}, {"start": "00:54:02", "end": "00:54:07", "text": "listen up because Uphold does all of"}, {"start": "00:54:04", "end": "00:54:09", "text": "that in one single unified platform. You"}, {"start": "00:54:07", "end": "00:54:11", "text": "can access 300-plus crypto and fiat"}, {"start": "00:54:09", "end": "00:54:12", "text": "currencies with an interface that works"}, {"start": "00:54:11", "end": "00:54:15", "text": "for you, whether you're a beginner or an"}, {"start": "00:54:12", "end": "00:54:18", "text": "expert. Uphold also features any-to-any"}, {"start": "00:54:15", "end": "00:54:20", "text": "swaps where you can swap crypto to fiat,"}, {"start": "00:54:18", "end": "00:54:22", "text": "fiat to metals, and tokens to tokens"}, {"start": "00:54:20", "end": "00:54:24", "text": "directly in the app. If you prefer"}, {"start": "00:54:22", "end": "00:54:27", "text": "self-custody, Uphold's vault gives you"}, {"start": "00:54:24", "end": "00:54:29", "text": "multi-sig security, key recovery, direct"}, {"start": "00:54:27", "end": "00:54:31", "text": "trading access, and peace of mind"}, {"start": "00:54:29", "end": "00:54:33", "text": "without giving up convenience. Uphold is"}, {"start": "00:54:31", "end": "00:54:35", "text": "also 100% reserved, meaning no"}, {"start": "00:54:33", "end": "00:54:37", "text": "fractional practices, and proof of"}, {"start": "00:54:35", "end": "00:54:39", "text": "reserves are updated every 30 seconds so"}, {"start": "00:54:37", "end": "00:54:41", "text": "you can verify your assets anytime. For"}, {"start": "00:54:39", "end": "00:54:44", "text": "US users, you can even earn yield on"}, {"start": "00:54:41", "end": "00:54:46", "text": "dollars with a USD interest account. No"}, {"start": "00:54:44", "end": "00:54:48", "text": "fees, no minimums, and funds are insured"}, {"start": "00:54:46", "end": "00:54:49", "text": "up to $2.5 million"}, {"start": "00:54:48", "end": "00:54:52", "text": "through the Atomic [music]"}, {"start": "00:54:49", "end": "00:54:54", "text": "Cash Sweep Program. If you want one app"}, {"start": "00:54:52", "end": "00:54:57", "text": "for your entire digital asset life,"}, {"start": "00:54:54", "end": "00:55:00", "text": "check out uphold today. Go to uphold.com"}, {"start": "00:54:57", "end": "00:55:01", "text": "[music] to learn more. uphold.com"}, {"start": "00:55:00", "end": "00:55:04", "text": "Go check them out today. I read a book"}, {"start": "00:55:01", "end": "00:55:06", "text": "about talked a lot about legacy, and one"}, {"start": "00:55:04", "end": "00:55:09", "text": "of the things that it talks about is,"}, {"start": "00:55:06", "end": "00:55:09", "text": "you know, the rise of meritocracy has a"}, {"start": "00:55:09", "end": "00:55:10", "text": "lot of benefits."}, {"start": "00:55:09", "end": "00:55:12", "text": ">> Yeah."}, {"start": "00:55:10", "end": "00:55:13", "text": ">> But there are certain examples"}, {"start": "00:55:12", "end": "00:55:15", "text": "throughout history where actually"}, {"start": "00:55:13", "end": "00:55:17", "text": "meritocracy is a negative. And one of"}, {"start": "00:55:15", "end": "00:55:18", "text": "the example he uses like take a farmer."}, {"start": "00:55:17", "end": "00:55:19", "text": "If you're like the fifth generation"}, {"start": "00:55:18", "end": "00:55:21", "text": "farmer, you're not like, \"Who's the"}, {"start": "00:55:19", "end": "00:55:23", "text": "single best farmer who can go get 10%"}, {"start": "00:55:21", "end": "00:55:24", "text": "better yield out of this farm?\" You're"}, {"start": "00:55:23", "end": "00:55:26", "text": "like, \"Hey, I want this to continue to"}, {"start": "00:55:24", "end": "00:55:28", "text": "provide for my kids and grandkids and"}, {"start": "00:55:26", "end": "00:55:31", "text": "great-grandkids, etc.\" And so like you"}, {"start": "00:55:28", "end": "00:55:32", "text": "train your kids to take this thing over."}, {"start": "00:55:31", "end": "00:55:34", "text": ">> Yeah."}, {"start": "00:55:32", "end": "00:55:36", "text": ">> When it comes to failure, do you have an"}, {"start": "00:55:34", "end": "00:55:39", "text": "advantage because there's"}, {"start": "00:55:36", "end": "00:55:41", "text": "this element of like you are part of the"}, {"start": "00:55:39", "end": "00:55:43", "text": "Coke family and if somebody else was,"}, {"start": "00:55:41", "end": "00:55:45", "text": "you know, in that disruptive technology,"}, {"start": "00:55:43", "end": "00:55:48", "text": "like in a weird way"}, {"start": "00:55:45", "end": "00:55:49", "text": "6 months, 9 months, 12 months, 2 years"}, {"start": "00:55:48", "end": "00:55:51", "text": "of losses, like at some point do they"}, {"start": "00:55:49", "end": "00:55:53", "text": "kind of get whacked, right? It's like,"}, {"start": "00:55:51", "end": "00:55:55", "text": "\"Hey, this isn't working.\""}, {"start": "00:55:53", "end": "00:55:58", "text": "But almost in a weird way, maybe there's"}, {"start": "00:55:55", "end": "00:55:59", "text": "some genius to, you know, you and and"}, {"start": "00:55:58", "end": "00:56:02", "text": "your father, etc., saying like, \"No,"}, {"start": "00:55:59", "end": "00:56:04", "text": "let's put the person who actually"}, {"start": "00:56:02", "end": "00:56:07", "text": "[snorts] has the intestinal fortitude to"}, {"start": "00:56:04", "end": "00:56:08", "text": "be able to see this very long term and"}, {"start": "00:56:07", "end": "00:56:10", "text": "know that the losses are going to come"}, {"start": "00:56:08", "end": "00:56:11", "text": "early in disruptive technology.\" Like,"}, {"start": "00:56:10", "end": "00:56:14", "text": "is that an advantage?"}, {"start": "00:56:11", "end": "00:56:15", "text": ">> I mean, I think the outcome of that"}, {"start": "00:56:14", "end": "00:56:18", "text": "could be that wasn't part of the thought"}, {"start": "00:56:15", "end": "00:56:21", "text": "process. It was just more of there's a"}, {"start": "00:56:18", "end": "00:56:23", "text": "market opportunity. We need to be in"}, {"start": "00:56:21", "end": "00:56:25", "text": "venture to see if the you're talking"}, {"start": "00:56:23", "end": "00:56:27", "text": "Coke disruptive technologies and why I"}, {"start": "00:56:25", "end": "00:56:29", "text": "started that and that line aligned with"}, {"start": "00:56:27", "end": "00:56:31", "text": "my comparative advantage and my passion"}, {"start": "00:56:29", "end": "00:56:31", "text": "of what I could where I could add the"}, {"start": "00:56:31", "end": "00:56:33", "text": "most value."}, {"start": "00:56:31", "end": "00:56:36", "text": ">> positioned to do it from your interest."}, {"start": "00:56:33", "end": "00:56:38", "text": ">> yeah. Now, I'm not running that anymore"}, {"start": "00:56:36", "end": "00:56:40", "text": "um because it had been built up and it"}, {"start": "00:56:38", "end": "00:56:42", "text": "was growing and it was in a position"}, {"start": "00:56:40", "end": "00:56:45", "text": "where I know my where my weaknesses are."}, {"start": "00:56:42", "end": "00:56:46", "text": "You know, you mentioned like"}, {"start": "00:56:45", "end": "00:56:48", "text": "you know, I don't know if we're happy"}, {"start": "00:56:46", "end": "00:56:50", "text": "about our failures or how but I learned"}, {"start": "00:56:48", "end": "00:56:52", "text": "a hell of a lot from being in roles that"}, {"start": "00:56:50", "end": "00:56:54", "text": "I shouldn't have been cuz what I"}, {"start": "00:56:52", "end": "00:56:56", "text": "realized is I'm a builder, not an"}, {"start": "00:56:54", "end": "00:56:57", "text": "operator. I'm not not a good operator."}, {"start": "00:56:56", "end": "00:56:59", "text": ">> And what is what you've said this a"}, {"start": "00:56:57", "end": "00:57:00", "text": "couple times I've seen. Like, what what"}, {"start": "00:56:59", "end": "00:57:01", "text": "is the difference between those in your"}, {"start": "00:57:00", "end": "00:57:03", "text": "mind?"}, {"start": "00:57:01", "end": "00:57:05", "text": ">> Um"}, {"start": "00:57:03", "end": "00:57:07", "text": "I would say I'll just give you concrete"}, {"start": "00:57:05", "end": "00:57:10", "text": "examples of different roles that I've"}, {"start": "00:57:07", "end": "00:57:12", "text": "had. I was I spent I mentioned I spent a"}, {"start": "00:57:10", "end": "00:57:14", "text": "decade in our fertilizer business and I"}, {"start": "00:57:12", "end": "00:57:16", "text": "had a lot of different roles. I learned"}, {"start": "00:57:14", "end": "00:57:18", "text": "everything from supply chain to sales,"}, {"start": "00:57:16", "end": "00:57:22", "text": "marketing, accounting"}, {"start": "00:57:18", "end": "00:57:24", "text": "of it and then ultimately there was an"}, {"start": "00:57:22", "end": "00:57:25", "text": "opportunity my boss came to me and said,"}, {"start": "00:57:24", "end": "00:57:27", "text": "\"Hey, I'm going to go build an energy"}, {"start": "00:57:25", "end": "00:57:30", "text": "business"}, {"start": "00:57:27", "end": "00:57:32", "text": "with this fertilizer business. You take"}, {"start": "00:57:30", "end": "00:57:34", "text": "You've been in the fertilizer business"}, {"start": "00:57:32", "end": "00:57:36", "text": "for 7, 8 years now. You're the right one"}, {"start": "00:57:34", "end": "00:57:38", "text": "to take this over. It's like the third"}, {"start": "00:57:36", "end": "00:57:41", "text": "largest profit driver in Koch. So, what"}, {"start": "00:57:38", "end": "00:57:43", "text": "an incredible opportunity."}, {"start": "00:57:41", "end": "00:57:45", "text": "Um but that I mean this was a"}, {"start": "00:57:43", "end": "00:57:48", "text": "complicated business. Uh production"}, {"start": "00:57:45", "end": "00:57:50", "text": "assets and you know, all of"}, {"start": "00:57:48", "end": "00:57:52", "text": "we we had one of the the largest"}, {"start": "00:57:50", "end": "00:57:55", "text": "positions in North America to"}, {"start": "00:57:52", "end": "00:57:57", "text": "make and trade nitrogen. We had a global"}, {"start": "00:57:55", "end": "00:57:59", "text": "business to trade nitrogen, phosphate,"}, {"start": "00:57:57", "end": "00:58:02", "text": "potash. And so, we operated in 30"}, {"start": "00:57:59", "end": "00:58:04", "text": "countries in this business, 4, 5,000"}, {"start": "00:58:02", "end": "00:58:06", "text": "employees. And uh it was incredible"}, {"start": "00:58:04", "end": "00:58:09", "text": "opportunity for me, but very quickly I"}, {"start": "00:58:06", "end": "00:58:12", "text": "realized that operating a day-to-day"}, {"start": "00:58:09", "end": "00:58:14", "text": "business and running a a really large"}, {"start": "00:58:12", "end": "00:58:15", "text": "team was not my bag."}, {"start": "00:58:14", "end": "00:58:16", "text": ">> Mhm."}, {"start": "00:58:15", "end": "00:58:18", "text": ">> And um"}, {"start": "00:58:16", "end": "00:58:19", "text": "there was someone that was much better"}, {"start": "00:58:18", "end": "00:58:21", "text": "at it than me."}, {"start": "00:58:19", "end": "00:58:22", "text": "And um"}, {"start": "00:58:21", "end": "00:58:25", "text": "and so, when you think this is the"}, {"start": "00:58:22", "end": "00:58:27", "text": "principle of comparative advantage. And"}, {"start": "00:58:25", "end": "00:58:29", "text": "I think being intellectually honest to"}, {"start": "00:58:27", "end": "00:58:32", "text": "where is your real gift and also where"}, {"start": "00:58:29", "end": "00:58:34", "text": "is it not. And what is that gift"}, {"start": "00:58:32", "end": "00:58:36", "text": "relative to everyone else on the team?"}, {"start": "00:58:34", "end": "00:58:40", "text": "That's that's the real important part"}, {"start": "00:58:36", "end": "00:58:41", "text": "within comparative advantage. And um by"}, {"start": "00:58:40", "end": "00:58:43", "text": "you being in a role, what is the"}, {"start": "00:58:41", "end": "00:58:45", "text": "trade-off relative to what someone else"}, {"start": "00:58:43", "end": "00:58:48", "text": "can do? But also what you could be"}, {"start": "00:58:45", "end": "00:58:50", "text": "doing. And these are it's it sounds like"}, {"start": "00:58:48", "end": "00:58:52", "text": "really basic. Uh I think sports teams"}, {"start": "00:58:50", "end": "00:58:54", "text": "apply this really well. The quarterback"}, {"start": "00:58:52", "end": "00:58:56", "text": "versus the wide receiver. It's like"}, {"start": "00:58:54", "end": "00:58:58", "text": "obvious who should be in what role. But"}, {"start": "00:58:56", "end": "00:59:01", "text": "for whatever reason in business, it's"}, {"start": "00:58:58", "end": "00:59:04", "text": "more challenging to truly apply"}, {"start": "00:59:01", "end": "00:59:05", "text": "comparative advantage. You've got egos"}, {"start": "00:59:04", "end": "00:59:08", "text": "that get in the way. You want the big"}, {"start": "00:59:05", "end": "00:59:09", "text": "title. I feel like I have to have"}, {"start": "00:59:08", "end": "00:59:11", "text": "hundreds of people reporting to me and"}, {"start": "00:59:09", "end": "00:59:14", "text": "that's my status and I've really made it"}, {"start": "00:59:11", "end": "00:59:18", "text": "if I have that job. We think all of that"}, {"start": "00:59:14", "end": "00:59:20", "text": "is BS. And I'm like living proof of that"}, {"start": "00:59:18", "end": "00:59:22", "text": "because I had that job and I realized"}, {"start": "00:59:20", "end": "00:59:25", "text": "that I'm much better at networking,"}, {"start": "00:59:22", "end": "00:59:26", "text": "business development, origination."}, {"start": "00:59:25", "end": "00:59:28", "text": "Um like looking around"}, {"start": "00:59:26", "end": "00:59:31", "text": ">> one. The zero to one is much more your"}, {"start": "00:59:28", "end": "00:59:34", "text": ">> And and so, that's what I mean. by not a"}, {"start": "00:59:31", "end": "00:59:37", "text": "good operator, much better builder."}, {"start": "00:59:34", "end": "00:59:40", "text": ">> And so it took me, you know, until I was"}, {"start": "00:59:37", "end": "00:59:40", "text": "late 30s to realize that, early 40s."}, {"start": "00:59:40", "end": "00:59:43", "text": ">> Mhm."}, {"start": "00:59:40", "end": "00:59:47", "text": ">> Um, and but you realize through failure"}, {"start": "00:59:43", "end": "00:59:49", "text": "at different roles that to find that out"}, {"start": "00:59:47", "end": "00:59:51", "text": "and then and then be in the right role,"}, {"start": "00:59:49", "end": "00:59:53", "text": "go figure out what the right role is for"}, {"start": "00:59:51", "end": "00:59:55", "text": "you. You can you can create a lot of"}, {"start": "00:59:53", "end": "00:59:56", "text": "value. And oh, by the way, the"}, {"start": "00:59:55", "end": "00:59:58", "text": "fertilizer business is going to be run"}, {"start": "00:59:56", "end": "00:59:59", "text": "by someone that is a great operator."}, {"start": "00:59:58", "end": "00:59:59", "text": ">> Mhm."}, {"start": "00:59:59", "end": "01:00:00", "text": ">> So"}, {"start": "00:59:59", "end": "01:00:02", "text": ">> [clears throat]"}, {"start": "01:00:00", "end": "01:00:04", "text": ">> I I find this uh is pretty common, I"}, {"start": "01:00:02", "end": "01:00:06", "text": "think, especially in people who are"}, {"start": "01:00:04", "end": "01:00:08", "text": "interested in technology. It it's such a"}, {"start": "01:00:06", "end": "01:00:10", "text": "disruptive, fast-paced, like dynamic"}, {"start": "01:00:08", "end": "01:00:11", "text": "environment that"}, {"start": "01:00:10", "end": "01:00:13", "text": "um"}, {"start": "01:00:11", "end": "01:00:15", "text": "they're constantly looking at what is"}, {"start": "01:00:13", "end": "01:00:16", "text": "the new technology now, what is coming,"}, {"start": "01:00:15", "end": "01:00:18", "text": "how can I be disrupted? Like like"}, {"start": "01:00:16", "end": "01:00:20", "text": "they're just a a personality and a"}, {"start": "01:00:18", "end": "01:00:21", "text": "mindset and is very different than the"}, {"start": "01:00:20", "end": "01:00:23", "text": "person who's like"}, {"start": "01:00:21", "end": "01:00:24", "text": "um maybe a Warren Buffett who's like,"}, {"start": "01:00:23", "end": "01:00:24", "text": "\"I'm betting on things that don't"}, {"start": "01:00:24", "end": "01:00:25", "text": "change.\""}, {"start": "01:00:24", "end": "01:00:26", "text": ">> Yeah."}, {"start": "01:00:25", "end": "01:00:27", "text": ">> Right? Like that's a very different"}, {"start": "01:00:26", "end": "01:00:28", "text": "approach than the people who are looking"}, {"start": "01:00:27", "end": "01:00:30", "text": "for like, \"What is the thing that is"}, {"start": "01:00:28", "end": "01:00:32", "text": "going to make a massive change?\" And"}, {"start": "01:00:30", "end": "01:00:34", "text": "just naturally, if you were drawn to"}, {"start": "01:00:32", "end": "01:00:36", "text": "disruptive technologies"}, {"start": "01:00:34", "end": "01:00:38", "text": "then you know, it's kind of hard to have"}, {"start": "01:00:36", "end": "01:00:39", "text": "two sides of your brain that also is"}, {"start": "01:00:38", "end": "01:00:41", "text": "like, \"I I also enjoy the things that"}, {"start": "01:00:39", "end": "01:00:42", "text": "will not change for 20 years.\""}, {"start": "01:00:41", "end": "01:00:45", "text": ">> That's right. I mean, one of our"}, {"start": "01:00:42", "end": "01:00:46", "text": "principles is it's Maslow's principle of"}, {"start": "01:00:45", "end": "01:00:49", "text": "self-actualization."}, {"start": "01:00:46", "end": "01:00:52", "text": "And I think it's so important. You can't"}, {"start": "01:00:49", "end": "01:00:53", "text": "um you you have to talk about"}, {"start": "01:00:52", "end": "01:00:55", "text": "self-actualization through the lens of"}, {"start": "01:00:53", "end": "01:00:58", "text": "comparative advantage. Like in my story"}, {"start": "01:00:55", "end": "01:00:59", "text": "in realizing what I wasn't good at"}, {"start": "01:00:58", "end": "01:01:01", "text": "relative to others and what I was good"}, {"start": "01:00:59", "end": "01:01:03", "text": "at relative to others. And that that's"}, {"start": "01:01:01", "end": "01:01:05", "text": "how Coke Disruptive Technologies was"}, {"start": "01:01:03", "end": "01:01:07", "text": "formed, basically out of the failure of"}, {"start": "01:01:05", "end": "01:01:07", "text": "me being president of Coke Fertilizer."}, {"start": "01:01:07", "end": "01:01:09", "text": ">> Mhm."}, {"start": "01:01:07", "end": "01:01:10", "text": ">> Um, so like"}, {"start": "01:01:09", "end": "01:01:11", "text": ">> at it as a failure?"}, {"start": "01:01:10", "end": "01:01:11", "text": ">> Um"}, {"start": "01:01:11", "end": "01:01:15", "text": ">> [clears throat]"}, {"start": "01:01:11", "end": "01:01:18", "text": ">> no, because of the value, the learning"}, {"start": "01:01:15", "end": "01:01:20", "text": "of like what I'm not good at relative to"}, {"start": "01:01:18", "end": "01:01:22", "text": "um because the business was still doing"}, {"start": "01:01:20", "end": "01:01:23", "text": "fine. We just looked at it across"}, {"start": "01:01:22", "end": "01:01:25", "text": ">> it's weird you use the word failure,"}, {"start": "01:01:23", "end": "01:01:27", "text": "right? It's like the business was still"}, {"start": "01:01:25", "end": "01:01:28", "text": ">> But failure relative to potential."}, {"start": "01:01:27", "end": "01:01:30", "text": ">> Mhm."}, {"start": "01:01:28", "end": "01:01:32", "text": ">> Right? Relative to what you could be"}, {"start": "01:01:30", "end": "01:01:33", "text": "doing. And so I think this is maybe an"}, {"start": "01:01:32", "end": "01:01:36", "text": "interesting takeaway for your audience."}, {"start": "01:01:33", "end": "01:01:38", "text": "If you really understand and apply the"}, {"start": "01:01:36", "end": "01:01:41", "text": "principle of comparative advantage"}, {"start": "01:01:38", "end": "01:01:43", "text": "on your team and you said, \"Everyone is"}, {"start": "01:01:41", "end": "01:01:46", "text": "in the right role optimized around their"}, {"start": "01:01:43", "end": "01:01:47", "text": "gift relative to what everyone else on"}, {"start": "01:01:46", "end": "01:01:50", "text": "the team is doing instead of looking at"}, {"start": "01:01:47", "end": "01:01:51", "text": "your role in a vacuum.\""}, {"start": "01:01:50", "end": "01:01:54", "text": "Think if Think if you do what it's a"}, {"start": "01:01:51", "end": "01:01:55", "text": "team of 10, team of 100, team of"}, {"start": "01:01:54", "end": "01:01:55", "text": "100,000."}, {"start": "01:01:55", "end": "01:01:58", "text": ">> Mhm."}, {"start": "01:01:55", "end": "01:02:01", "text": ">> Right? If you had everyone in the right"}, {"start": "01:01:58", "end": "01:02:03", "text": "role, put all egos aside. Think of the"}, {"start": "01:02:01", "end": "01:02:05", "text": "value and the competitive advantage that"}, {"start": "01:02:03", "end": "01:02:08", "text": "you'd have. You would have You would"}, {"start": "01:02:05", "end": "01:02:10", "text": "field the best team"}, {"start": "01:02:08", "end": "01:02:11", "text": "um and kick everyone's ass."}, {"start": "01:02:10", "end": "01:02:14", "text": ">> Mhm."}, {"start": "01:02:11", "end": "01:02:15", "text": ">> Right? And And I think it's overlooked."}, {"start": "01:02:14", "end": "01:02:18", "text": "And then to me that is the one of the"}, {"start": "01:02:15", "end": "01:02:21", "text": "most Even at Coke, right? If there's one"}, {"start": "01:02:18", "end": "01:02:23", "text": "that we could change the trajectory of"}, {"start": "01:02:21", "end": "01:02:26", "text": "our application"}, {"start": "01:02:23", "end": "01:02:28", "text": "and um like my my father always says,"}, {"start": "01:02:26", "end": "01:02:31", "text": "\"Well, I'd score Coke on principle"}, {"start": "01:02:28", "end": "01:02:31", "text": "application at about four out of 10.\""}, {"start": "01:02:31", "end": "01:02:32", "text": ">> Really?"}, {"start": "01:02:31", "end": "01:02:32", "text": ">> Yeah."}, {"start": "01:02:32", "end": "01:02:35", "text": ">> Wait, why?"}, {"start": "01:02:32", "end": "01:02:37", "text": ">> Because he always looks at it and says"}, {"start": "01:02:35", "end": "01:02:40", "text": "um once he sees the principles being"}, {"start": "01:02:37", "end": "01:02:41", "text": "applied the it's a the horizon keeps"}, {"start": "01:02:40", "end": "01:02:42", "text": "moving further. So the potential"}, {"start": "01:02:41", "end": "01:02:44", "text": "[snorts]"}, {"start": "01:02:42", "end": "01:02:45", "text": "is greater. So you're always a fourth."}, {"start": "01:02:44", "end": "01:02:46", "text": ">> Yeah, yeah, yeah."}, {"start": "01:02:45", "end": "01:02:47", "text": ">> It's always a fourth."}, {"start": "01:02:46", "end": "01:02:49", "text": ">> going to get worried like the Godfather"}, {"start": "01:02:47", "end": "01:02:50", "text": "of principle-based management."}, {"start": "01:02:49", "end": "01:02:52", "text": ">> It's a little bit tongue-in-cheek, but"}, {"start": "01:02:50", "end": "01:02:53", "text": "there's a lot of truth to that, too,"}, {"start": "01:02:52", "end": "01:02:55", "text": "because the more you apply the"}, {"start": "01:02:53", "end": "01:02:57", "text": "principles, the more potential you see."}, {"start": "01:02:55", "end": "01:02:59", "text": ">> It's funny talking to you because out of"}, {"start": "01:02:57", "end": "01:03:00", "text": "the entire book comparative advantage is"}, {"start": "01:02:59", "end": "01:03:02", "text": "probably the thing that I, you know,"}, {"start": "01:03:00", "end": "01:03:05", "text": "grabbed hold of the most and was like,"}, {"start": "01:03:02", "end": "01:03:06", "text": "\"This one principle can be applied"}, {"start": "01:03:05", "end": "01:03:08", "text": "everywhere.\" And"}, {"start": "01:03:06", "end": "01:03:10", "text": "I think that"}, {"start": "01:03:08", "end": "01:03:11", "text": "as an individual, as a company, it's"}, {"start": "01:03:10", "end": "01:03:14", "text": "very obvious, but even in society,"}, {"start": "01:03:11", "end": "01:03:16", "text": "right? If you think about over the last,"}, {"start": "01:03:14", "end": "01:03:18", "text": "I don't know, 100 years, the United"}, {"start": "01:03:16", "end": "01:03:20", "text": "States was really good at certain things"}, {"start": "01:03:18", "end": "01:03:21", "text": "and then we kind of like gave some of"}, {"start": "01:03:20", "end": "01:03:23", "text": "those away and now we're trying to bring"}, {"start": "01:03:21", "end": "01:03:24", "text": "them back and we're thinking a lot about"}, {"start": "01:03:23", "end": "01:03:25", "text": "like, well, do we have a talent"}, {"start": "01:03:24", "end": "01:03:26", "text": "advantage? Do we have a capital"}, {"start": "01:03:25", "end": "01:03:28", "text": "advantage? Do we have certain"}, {"start": "01:03:26", "end": "01:03:29", "text": "manufacturing capabilities that others"}, {"start": "01:03:28", "end": "01:03:31", "text": "don't or you know,"}, {"start": "01:03:29", "end": "01:03:33", "text": "geography-wise we have a huge advantage"}, {"start": "01:03:31", "end": "01:03:35", "text": "of just two oceans and friendly"}, {"start": "01:03:33", "end": "01:03:36", "text": "neighbors, whatever."}, {"start": "01:03:35", "end": "01:03:38", "text": "But I do think that that's probably one"}, {"start": "01:03:36", "end": "01:03:40", "text": "of the aspects that is most"}, {"start": "01:03:38", "end": "01:03:43", "text": "misunderstood about"}, {"start": "01:03:40", "end": "01:03:45", "text": "kind of the Coke enterprise, right? Is"}, {"start": "01:03:43", "end": "01:03:46", "text": "the same thing and you guys highlight"}, {"start": "01:03:45", "end": "01:03:48", "text": "this now. It's like you can transform"}, {"start": "01:03:46", "end": "01:03:50", "text": "yourself, you can transform a business"}, {"start": "01:03:48", "end": "01:03:51", "text": "or you can transform society."}, {"start": "01:03:50", "end": "01:03:53", "text": ">> That's right."}, {"start": "01:03:51", "end": "01:03:54", "text": ">> These 41 principles plus, you know, many"}, {"start": "01:03:53", "end": "01:03:55", "text": "others that probably didn't make it in"}, {"start": "01:03:54", "end": "01:03:57", "text": "the book,"}, {"start": "01:03:55", "end": "01:03:58", "text": "they can be applied at any scale and"}, {"start": "01:03:57", "end": "01:04:00", "text": "whether it's a two-person company or"}, {"start": "01:03:58", "end": "01:04:02", "text": "100,000 person company is the same as"}, {"start": "01:04:00", "end": "01:04:03", "text": "you as an individual versus society."}, {"start": "01:04:02", "end": "01:04:05", "text": ">> That's right."}, {"start": "01:04:03", "end": "01:04:06", "text": ">> To me, that's actually the value of the"}, {"start": "01:04:05", "end": "01:04:08", "text": "principles."}, {"start": "01:04:06", "end": "01:04:10", "text": ">> I I I we definitely agree with that"}, {"start": "01:04:08", "end": "01:04:14", "text": "statement and kind of your takeaway from"}, {"start": "01:04:10", "end": "01:04:16", "text": "it and um, you know, as I as we began"}, {"start": "01:04:14", "end": "01:04:18", "text": "this interview, I I talked about that we"}, {"start": "01:04:16", "end": "01:04:20", "text": "live in unprecedented uncertainty as a"}, {"start": "01:04:18", "end": "01:04:22", "text": "society."}, {"start": "01:04:20", "end": "01:04:24", "text": "And um,"}, {"start": "01:04:22", "end": "01:04:26", "text": "if you look at the next generation, like"}, {"start": "01:04:24", "end": "01:04:27", "text": "Gen Z in particular,"}, {"start": "01:04:26", "end": "01:04:30", "text": "um,"}, {"start": "01:04:27", "end": "01:04:33", "text": "I think there's a crisis of purpose."}, {"start": "01:04:30", "end": "01:04:36", "text": "Um, and that"}, {"start": "01:04:33", "end": "01:04:39", "text": "there's there's so much focus in what"}, {"start": "01:04:36", "end": "01:04:41", "text": "other people like and where we fall into"}, {"start": "01:04:39", "end": "01:04:43", "text": "this collective illusion"}, {"start": "01:04:41", "end": "01:04:45", "text": "of, well, if I'm going to be accepted in"}, {"start": "01:04:43", "end": "01:04:47", "text": "society, I have to like whatever"}, {"start": "01:04:45", "end": "01:04:48", "text": "everyone else thinks."}, {"start": "01:04:47", "end": "01:04:51", "text": "Well, the the mitigant to that kind of"}, {"start": "01:04:48", "end": "01:04:56", "text": "behavior and that thinking is having a"}, {"start": "01:04:51", "end": "01:04:57", "text": "very clear uh, framework of principles,"}, {"start": "01:04:56", "end": "01:04:59", "text": "right? So, you don't, back to what we're"}, {"start": "01:04:57", "end": "01:05:02", "text": "saying before, like blow with the wind."}, {"start": "01:04:59", "end": "01:05:04", "text": "And so, but but going specifically to"}, {"start": "01:05:02", "end": "01:05:05", "text": "the principles in the society that I"}, {"start": "01:05:04", "end": "01:05:08", "text": "think we want, which is where the the"}, {"start": "01:05:05", "end": "01:05:11", "text": "country was founded and and right there"}, {"start": "01:05:08", "end": "01:05:14", "text": "in the Declaration of Independence, is"}, {"start": "01:05:11", "end": "01:05:15", "text": "is principles like mutual benefit."}, {"start": "01:05:14", "end": "01:05:17", "text": "Right? Um"}, {"start": "01:05:15", "end": "01:05:19", "text": "we want a society of mutual benefit"}, {"start": "01:05:17", "end": "01:05:20", "text": "where people win because they're helping"}, {"start": "01:05:19", "end": "01:05:20", "text": "others."}, {"start": "01:05:20", "end": "01:05:22", "text": ">> Mhm."}, {"start": "01:05:20", "end": "01:05:25", "text": ">> And if you think if if we're working"}, {"start": "01:05:22", "end": "01:05:28", "text": "together and I help you win and you want"}, {"start": "01:05:25", "end": "01:05:28", "text": "to help me win, well, the pie grows."}, {"start": "01:05:28", "end": "01:05:32", "text": ">> Mhm."}, {"start": "01:05:28", "end": "01:05:34", "text": ">> This isn't a zero-sum game that sadly so"}, {"start": "01:05:32", "end": "01:05:35", "text": "many people look at society through that"}, {"start": "01:05:34", "end": "01:05:37", "text": "lens."}, {"start": "01:05:35", "end": "01:05:41", "text": "We need to go from"}, {"start": "01:05:37", "end": "01:05:44", "text": "um we need to go from zero-sum thinking"}, {"start": "01:05:41", "end": "01:05:46", "text": "to mutual benefit. If I help other"}, {"start": "01:05:44", "end": "01:05:48", "text": "others win, I'm going to win, too. We"}, {"start": "01:05:46", "end": "01:05:50", "text": "need to go from"}, {"start": "01:05:48", "end": "01:05:54", "text": "um tribalism"}, {"start": "01:05:50", "end": "01:05:56", "text": "and divisiveness to openness and"}, {"start": "01:05:54", "end": "01:06:01", "text": "empathy, putting yourself in someone"}, {"start": "01:05:56", "end": "01:06:03", "text": "else's shoes. We need to um go from We"}, {"start": "01:06:01", "end": "01:06:05", "text": "talked about bottom-up versus top-down."}, {"start": "01:06:03", "end": "01:06:06", "text": "We have way too much top-down control"}, {"start": "01:06:05", "end": "01:06:06", "text": "and dependency."}, {"start": "01:06:06", "end": "01:06:09", "text": ">> Mhm."}, {"start": "01:06:06", "end": "01:06:12", "text": ">> Um I saw a stat um recently, a very"}, {"start": "01:06:09", "end": "01:06:14", "text": "disturbing stat, that 52% of Americans"}, {"start": "01:06:12", "end": "01:06:15", "text": "think that we can't solve our own"}, {"start": "01:06:14", "end": "01:06:17", "text": "problems anymore."}, {"start": "01:06:15", "end": "01:06:18", "text": "And that so the the government needs to"}, {"start": "01:06:17", "end": "01:06:18", "text": "come in and fix it."}, {"start": "01:06:18", "end": "01:06:20", "text": ">> Mhm."}, {"start": "01:06:18", "end": "01:06:23", "text": ">> Right? Whereas if you think of bottom-up"}, {"start": "01:06:20", "end": "01:06:25", "text": "and we believe in people that they are"}, {"start": "01:06:23", "end": "01:06:27", "text": "the solution because they're closest to"}, {"start": "01:06:25", "end": "01:06:29", "text": "the problems,"}, {"start": "01:06:27", "end": "01:06:32", "text": "then we can have a society of mutual"}, {"start": "01:06:29", "end": "01:06:34", "text": "benefit. We can remove barriers from the"}, {"start": "01:06:32", "end": "01:06:36", "text": "top-down and we can really advance the"}, {"start": "01:06:34", "end": "01:06:38", "text": "American dream and why so many people"}, {"start": "01:06:36", "end": "01:06:40", "text": "from all over the world want it have"}, {"start": "01:06:38", "end": "01:06:42", "text": "wanted to come to America to experience"}, {"start": "01:06:40", "end": "01:06:45", "text": "that. Go build a business, build a"}, {"start": "01:06:42", "end": "01:06:48", "text": "family, go build the next SpaceX that no"}, {"start": "01:06:45", "end": "01:06:50", "text": "one thought was possible. Um right? So,"}, {"start": "01:06:48", "end": "01:06:51", "text": "that's at a high level, at least how we"}, {"start": "01:06:50", "end": "01:06:53", "text": "see"}, {"start": "01:06:51", "end": "01:06:56", "text": "these principles that we're looking at"}, {"start": "01:06:53", "end": "01:06:58", "text": "and we apply that has grown Coke over"}, {"start": "01:06:56", "end": "01:06:59", "text": "10,000 X."}, {"start": "01:06:58", "end": "01:07:02", "text": "We can do you can do that across"}, {"start": "01:06:59", "end": "01:07:04", "text": "society, too, and drive the most human"}, {"start": "01:07:02", "end": "01:07:06", "text": "progress."}, {"start": "01:07:04", "end": "01:07:08", "text": ">> As you're talking, um I don't think that"}, {"start": "01:07:06", "end": "01:07:10", "text": "you would uh consider yourself and hold"}, {"start": "01:07:08", "end": "01:07:12", "text": "yourself out as a Bitcoiner. Right? I"}, {"start": "01:07:10", "end": "01:07:13", "text": "don't think I don't think that"}, {"start": "01:07:12", "end": "01:07:15", "text": "I don't think that Charles Koch's got,"}, {"start": "01:07:13", "end": "01:07:16", "text": "you know, a bag of Bitcoins somewhere,"}, {"start": "01:07:15", "end": "01:07:20", "text": "right? [laughter]"}, {"start": "01:07:16", "end": "01:07:22", "text": "But, what I do find very interesting is"}, {"start": "01:07:20", "end": "01:07:23", "text": "the like Bitcoiner mentality. And"}, {"start": "01:07:22", "end": "01:07:25", "text": "there's, you know, millions of these"}, {"start": "01:07:23", "end": "01:07:27", "text": "people. They're very, I think,"}, {"start": "01:07:25", "end": "01:07:29", "text": "individual sovereignty. They're very"}, {"start": "01:07:27", "end": "01:07:30", "text": "much, you know, I want to take control"}, {"start": "01:07:29", "end": "01:07:33", "text": "of my own life. I want to improve my"}, {"start": "01:07:30", "end": "01:07:35", "text": "situation for my family and and my kids,"}, {"start": "01:07:33", "end": "01:07:37", "text": "etc. I think that they have a strong"}, {"start": "01:07:35", "end": "01:07:39", "text": "belief in uh this kind of bottoms-up"}, {"start": "01:07:37", "end": "01:07:41", "text": "type approach of accountability,"}, {"start": "01:07:39", "end": "01:07:43", "text": "personal responsibility, etc."}, {"start": "01:07:41", "end": "01:07:45", "text": "But, also I think that there is"}, {"start": "01:07:43", "end": "01:07:48", "text": "um maybe like forget even what the"}, {"start": "01:07:45", "end": "01:07:50", "text": "principles are, just a belief that like"}, {"start": "01:07:48", "end": "01:07:51", "text": "you have to know yourself and you have"}, {"start": "01:07:50", "end": "01:07:52", "text": "to stand for what you believe in."}, {"start": "01:07:51", "end": "01:07:53", "text": ">> Yeah."}, {"start": "01:07:52", "end": "01:07:55", "text": ">> Even if it's different than what other"}, {"start": "01:07:53", "end": "01:07:57", "text": "people believe in or your neighbor or"}, {"start": "01:07:55", "end": "01:07:59", "text": "whatever, just like knowing what your"}, {"start": "01:07:57", "end": "01:08:00", "text": "principles are is really, really"}, {"start": "01:07:59", "end": "01:08:02", "text": "important and then having the courage"}, {"start": "01:08:00", "end": "01:08:04", "text": "and intestinal fortitude to stick to"}, {"start": "01:08:02", "end": "01:08:05", "text": "them."}, {"start": "01:08:04", "end": "01:08:07", "text": "Forget, you know, whether it's Bitcoin,"}, {"start": "01:08:05", "end": "01:08:09", "text": "whether it's uh principles-based"}, {"start": "01:08:07", "end": "01:08:10", "text": "management, whatever. It's like the"}, {"start": "01:08:09", "end": "01:08:12", "text": "people I think I have respect the most"}, {"start": "01:08:10", "end": "01:08:14", "text": "in, you know, that I've interacted with,"}, {"start": "01:08:12", "end": "01:08:16", "text": "they have a set of principles that they"}, {"start": "01:08:14", "end": "01:08:17", "text": "have done the work to discover. And then"}, {"start": "01:08:16", "end": "01:08:19", "text": "they just say, \"Look,"}, {"start": "01:08:17", "end": "01:08:19", "text": "we don't have to agree. This is what I"}, {"start": "01:08:19", "end": "01:08:20", "text": "believe."}, {"start": "01:08:19", "end": "01:08:21", "text": ">> Yeah."}, {"start": "01:08:20", "end": "01:08:23", "text": ">> And I think there's a lot of other"}, {"start": "01:08:21", "end": "01:08:25", "text": "people who agree with me and I want to"}, {"start": "01:08:23", "end": "01:08:26", "text": "go, you know, build my thing with people"}, {"start": "01:08:25", "end": "01:08:27", "text": "who see the world the same way I do.\""}, {"start": "01:08:26", "end": "01:08:28", "text": ">> That's it."}, {"start": "01:08:27", "end": "01:08:29", "text": ">> And that seems to be like the Koch way"}, {"start": "01:08:28", "end": "01:08:31", "text": "of doing"}, {"start": "01:08:29", "end": "01:08:33", "text": ">> I I think I think you're right. And I"}, {"start": "01:08:31", "end": "01:08:36", "text": "gives you a framework to say yes and say"}, {"start": "01:08:33", "end": "01:08:38", "text": "no to things uh based on your your value"}, {"start": "01:08:36", "end": "01:08:40", "text": "system and based based on your"}, {"start": "01:08:38", "end": "01:08:44", "text": "principles. And, you know, you're you're"}, {"start": "01:08:40", "end": "01:08:46", "text": "asking about how we view this societally"}, {"start": "01:08:44", "end": "01:08:48", "text": "um and what we do we, you know, we've"}, {"start": "01:08:46", "end": "01:08:51", "text": "talked a lot about the business side,"}, {"start": "01:08:48", "end": "01:08:53", "text": "but um I'd say I spend about a third of"}, {"start": "01:08:51", "end": "01:08:55", "text": "my time and my father spends half of his"}, {"start": "01:08:53", "end": "01:08:58", "text": "time on an organization called Stand"}, {"start": "01:08:55", "end": "01:09:01", "text": "Together, which is all of our uh"}, {"start": "01:08:58", "end": "01:09:02", "text": "philanthropy and social change, which is"}, {"start": "01:09:01", "end": "01:09:05", "text": "basically"}, {"start": "01:09:02", "end": "01:09:07", "text": "the whole idea of bottom-up empowerment"}, {"start": "01:09:05", "end": "01:09:09", "text": "and believing in people and believing"}, {"start": "01:09:07", "end": "01:09:11", "text": "those that are closest to the problem"}, {"start": "01:09:09", "end": "01:09:14", "text": "are the ones that are the solution to"}, {"start": "01:09:11", "end": "01:09:16", "text": "the problem. And we have we have"}, {"start": "01:09:14", "end": "01:09:18", "text": "hundreds of examples cuz we work on"}, {"start": "01:09:16", "end": "01:09:20", "text": "Stand Together is this organization that"}, {"start": "01:09:18", "end": "01:09:23", "text": "has been"}, {"start": "01:09:20", "end": "01:09:25", "text": "built up over we started in 2003, but my"}, {"start": "01:09:23", "end": "01:09:28", "text": "dad's been working on social change for"}, {"start": "01:09:25", "end": "01:09:31", "text": "most of his life 60 plus years. But he"}, {"start": "01:09:28", "end": "01:09:35", "text": "realized that if we're going to make a"}, {"start": "01:09:31", "end": "01:09:37", "text": "a really big impact and create movements"}, {"start": "01:09:35", "end": "01:09:39", "text": "that help people around some of these"}, {"start": "01:09:37", "end": "01:09:41", "text": "biggest problems, some of the biggest"}, {"start": "01:09:39", "end": "01:09:43", "text": "problems in the country,"}, {"start": "01:09:41", "end": "01:09:45", "text": "that you had needed a network effect on"}, {"start": "01:09:43", "end": "01:09:47", "text": "that that we needed partnerships. We"}, {"start": "01:09:45", "end": "01:09:50", "text": "needed preferred partnerships that all"}, {"start": "01:09:47", "end": "01:09:53", "text": "believe in this these principles and"}, {"start": "01:09:50", "end": "01:09:55", "text": "this idea that every human being has a"}, {"start": "01:09:53", "end": "01:09:57", "text": "gift, but there's all these there's new"}, {"start": "01:09:55", "end": "01:09:59", "text": "barriers stacked up against people every"}, {"start": "01:09:57", "end": "01:10:01", "text": "day that make it impossible for them to"}, {"start": "01:09:59", "end": "01:10:03", "text": "unlock the potential of their gift. And"}, {"start": "01:10:01", "end": "01:10:06", "text": "that's what Stand Together is about. So"}, {"start": "01:10:03", "end": "01:10:08", "text": "we work on poverty, addiction, violent"}, {"start": "01:10:06", "end": "01:10:11", "text": "you know, violence,"}, {"start": "01:10:08", "end": "01:10:14", "text": "criminal justice reform, transforming"}, {"start": "01:10:11", "end": "01:10:16", "text": "education, very very broad set problem"}, {"start": "01:10:14", "end": "01:10:19", "text": "set. But we have over a thousand"}, {"start": "01:10:16", "end": "01:10:22", "text": "business leaders now that invest their"}, {"start": "01:10:19", "end": "01:10:24", "text": "philanthropic dollars, invest their time"}, {"start": "01:10:22", "end": "01:10:27", "text": "to get behind a problem that they care"}, {"start": "01:10:24", "end": "01:10:29", "text": "about most. And now we're we're we're"}, {"start": "01:10:27", "end": "01:10:32", "text": "leveraging culture to do that at"}, {"start": "01:10:29", "end": "01:10:36", "text": "movement scale now with"}, {"start": "01:10:32", "end": "01:10:38", "text": "sports, music, media, YouTube, and"}, {"start": "01:10:36", "end": "01:10:39", "text": "getting you know, and getting these"}, {"start": "01:10:38", "end": "01:10:42", "text": "these principles out that we've talked"}, {"start": "01:10:39", "end": "01:10:42", "text": "about and trying to help people at"}, {"start": "01:10:42", "end": "01:10:44", "text": "scale."}, {"start": "01:10:42", "end": "01:10:46", "text": ">> What's an example of like something"}, {"start": "01:10:44", "end": "01:10:48", "text": "specific at Stand Together that you guys"}, {"start": "01:10:46", "end": "01:10:49", "text": "do where the principles are kind of used"}, {"start": "01:10:48", "end": "01:10:52", "text": "to affect change?"}, {"start": "01:10:49", "end": "01:10:54", "text": ">> Yeah. I would say"}, {"start": "01:10:52", "end": "01:10:55", "text": "I'll start on education."}, {"start": "01:10:54", "end": "01:10:58", "text": "I think that's something that every"}, {"start": "01:10:55", "end": "01:11:00", "text": "household in America cares about."}, {"start": "01:10:58", "end": "01:11:01", "text": ">> Nobody wants their kid to be dumb."}, {"start": "01:11:00", "end": "01:11:04", "text": ">> No one wants their kid to be dumb. I"}, {"start": "01:11:01", "end": "01:11:05", "text": "think everyone's generally concerned"}, {"start": "01:11:04", "end": "01:11:07", "text": "with the"}, {"start": "01:11:05", "end": "01:11:08", "text": "especially the K through 12 education"}, {"start": "01:11:07", "end": "01:11:11", "text": "system."}, {"start": "01:11:08", "end": "01:11:15", "text": "We believe it's broken. But there's some"}, {"start": "01:11:11", "end": "01:11:17", "text": "really positive bright spots. And so our"}, {"start": "01:11:15", "end": "01:11:19", "text": "vision for education and applying these"}, {"start": "01:11:17", "end": "01:11:23", "text": "principles into the institution of"}, {"start": "01:11:19", "end": "01:11:25", "text": "education is one of going from a"}, {"start": "01:11:23", "end": "01:11:27", "text": "one-size-fits-all"}, {"start": "01:11:25", "end": "01:11:29", "text": "teach-to-test teacher at the front of"}, {"start": "01:11:27", "end": "01:11:32", "text": "the classroom model"}, {"start": "01:11:29", "end": "01:11:34", "text": "to you know working from textbooks to"}, {"start": "01:11:32", "end": "01:11:37", "text": "individualized education. And now that"}, {"start": "01:11:34", "end": "01:11:39", "text": "we have new models and technology that"}, {"start": "01:11:37", "end": "01:11:42", "text": "that gives students the ability to do"}, {"start": "01:11:39", "end": "01:11:44", "text": "that at scale, we have a huge"}, {"start": "01:11:42", "end": "01:11:46", "text": "opportunity in front of us."}, {"start": "01:11:44", "end": "01:11:49", "text": "I always use the example of what Sal"}, {"start": "01:11:46", "end": "01:11:51", "text": "Khan created with Khan Academy with"}, {"start": "01:11:49", "end": "01:11:53", "text": "leveraging technology to"}, {"start": "01:11:51", "end": "01:11:56", "text": "meet a kid where they are in their"}, {"start": "01:11:53", "end": "01:11:58", "text": "learning journey and all kids in you"}, {"start": "01:11:56", "end": "01:12:00", "text": "know 30"}, {"start": "01:11:58", "end": "01:12:02", "text": "30 kid classroom, they're all at"}, {"start": "01:12:00", "end": "01:12:07", "text": "different levels, right? But for them to"}, {"start": "01:12:02", "end": "01:12:09", "text": "master a class mathematics or"}, {"start": "01:12:07", "end": "01:12:12", "text": "physics or whatever the"}, {"start": "01:12:09", "end": "01:12:15", "text": "subject is, they can do it on their own"}, {"start": "01:12:12", "end": "01:12:17", "text": "on their own terms. And they're not"}, {"start": "01:12:15", "end": "01:12:20", "text": "trying to graduate everyone from grade"}, {"start": "01:12:17", "end": "01:12:22", "text": "to grade. The Alpha school is another"}, {"start": "01:12:20", "end": "01:12:27", "text": "great example where they're leveraging"}, {"start": "01:12:22", "end": "01:12:29", "text": "AI for the first two hours of an"}, {"start": "01:12:27", "end": "01:12:32", "text": "8-hour day"}, {"start": "01:12:29", "end": "01:12:34", "text": "basically cramming the curriculum into"}, {"start": "01:12:32", "end": "01:12:36", "text": "two hours and then giving them the"}, {"start": "01:12:34", "end": "01:12:38", "text": "freedom to choose based on what they're"}, {"start": "01:12:36", "end": "01:12:40", "text": "passionate about different projects they"}, {"start": "01:12:38", "end": "01:12:42", "text": "want to work on."}, {"start": "01:12:40", "end": "01:12:43", "text": "Do they want to stand up a podcast"}, {"start": "01:12:42", "end": "01:12:45", "text": "because they're passionate about that"}, {"start": "01:12:43", "end": "01:12:47", "text": "learn public speaking? All these things"}, {"start": "01:12:45", "end": "01:12:49", "text": "that are so critical to when you get out"}, {"start": "01:12:47", "end": "01:12:51", "text": "in the real world, that's what you have"}, {"start": "01:12:49", "end": "01:12:53", "text": "to know."}, {"start": "01:12:51", "end": "01:12:55", "text": "Financial literacy, almost no school"}, {"start": "01:12:53", "end": "01:12:57", "text": "teaches that."}, {"start": "01:12:55", "end": "01:12:58", "text": ">> And these new models, these micro"}, {"start": "01:12:57", "end": "01:13:01", "text": "schools, the Alpha schools that I'm"}, {"start": "01:12:58", "end": "01:13:03", "text": "describing, are teaching that to kids in"}, {"start": "01:13:01", "end": "01:13:05", "text": "kindergarten and like first through"}, {"start": "01:13:03", "end": "01:13:08", "text": "third grade. What an advantage. These"}, {"start": "01:13:05", "end": "01:13:11", "text": "practical things. So, um, the thing"}, {"start": "01:13:08", "end": "01:13:15", "text": "that's most exciting about education to"}, {"start": "01:13:11", "end": "01:13:18", "text": "me is that, um, prior to COVID, only 20%"}, {"start": "01:13:15", "end": "01:13:22", "text": "of families were open to a new model for"}, {"start": "01:13:18", "end": "01:13:24", "text": "their kids. Post-COVID, after families"}, {"start": "01:13:22", "end": "01:13:26", "text": "have seen, um, you know, when their"}, {"start": "01:13:24", "end": "01:13:27", "text": "their kids came home and they saw that"}, {"start": "01:13:26", "end": "01:13:31", "text": "their learning more on YouTube than they"}, {"start": "01:13:27", "end": "01:13:33", "text": "were at school, that, um, 80% are now"}, {"start": "01:13:31", "end": "01:13:36", "text": "open to a different model. And that's"}, {"start": "01:13:33", "end": "01:13:37", "text": "why we we've invest we have something"}, {"start": "01:13:36", "end": "01:13:39", "text": "called the VELA Fund, which is basically"}, {"start": "01:13:37", "end": "01:13:41", "text": "venture capital for education"}, {"start": "01:13:39", "end": "01:13:44", "text": "entrepreneurs that we we pulled together"}, {"start": "01:13:41", "end": "01:13:47", "text": "with the Walton family that, um, we've"}, {"start": "01:13:44", "end": "01:13:50", "text": "put uh, we created a fund and others"}, {"start": "01:13:47", "end": "01:13:52", "text": "stand together, um, uh, partners have"}, {"start": "01:13:50", "end": "01:13:55", "text": "invested in this. But we've built over"}, {"start": "01:13:52", "end": "01:13:58", "text": "5,000 micro schools across the country"}, {"start": "01:13:55", "end": "01:14:00", "text": "in the last five or six years. And it's"}, {"start": "01:13:58", "end": "01:14:02", "text": "all around these principles of"}, {"start": "01:14:00", "end": "01:14:04", "text": "individualized education, helping kids"}, {"start": "01:14:02", "end": "01:14:06", "text": "find their gift, and putting them on"}, {"start": "01:14:04", "end": "01:14:09", "text": "that self-actualization journey earlier"}, {"start": "01:14:06", "end": "01:14:11", "text": "in life. We feel like that's I mean,"}, {"start": "01:14:09", "end": "01:14:13", "text": "that's the future. Every All these other"}, {"start": "01:14:11", "end": "01:14:17", "text": "problems, addiction,"}, {"start": "01:14:13", "end": "01:14:18", "text": "um, mental health issues, um, our our"}, {"start": "01:14:17", "end": "01:14:21", "text": "broken criminal justice system are"}, {"start": "01:14:18", "end": "01:14:23", "text": "downstream of a bad education."}, {"start": "01:14:21", "end": "01:14:25", "text": "Right? So, if you if we can really"}, {"start": "01:14:23", "end": "01:14:28", "text": "transform the education system in this"}, {"start": "01:14:25", "end": "01:14:28", "text": "country, we'll be we'll be way better"}, {"start": "01:14:28", "end": "01:14:30", "text": "off."}, {"start": "01:14:28", "end": "01:14:32", "text": ">> I was talking with a friend recently,"}, {"start": "01:14:30", "end": "01:14:34", "text": "um, and uh, he has uh, kids about the"}, {"start": "01:14:32", "end": "01:14:36", "text": "same age as mine, and he told me that he"}, {"start": "01:14:34", "end": "01:14:39", "text": "created, uh, what he calls a, uh, chore"}, {"start": "01:14:36", "end": "01:14:41", "text": "chart. And so, you know, three four"}, {"start": "01:14:39", "end": "01:14:42", "text": "three So, what he does is basically he"}, {"start": "01:14:41", "end": "01:14:44", "text": "lists out a couple chores, and every"}, {"start": "01:14:42", "end": "01:14:46", "text": "night before the kid goes to bed, they"}, {"start": "01:14:44", "end": "01:14:48", "text": "check to see, \"Did did the chores?\" And,"}, {"start": "01:14:46", "end": "01:14:50", "text": "um, he is, uh, I I forget I think he's"}, {"start": "01:14:48", "end": "01:14:52", "text": "paying a dollar a day or something,"}, {"start": "01:14:50", "end": "01:14:53", "text": "right? But the idea is just like, hey,"}, {"start": "01:14:52", "end": "01:14:55", "text": "you have chores you have to do. And so,"}, {"start": "01:14:53", "end": "01:14:58", "text": "I think great idea, so I created it for"}, {"start": "01:14:55", "end": "01:14:59", "text": "two of my kids, and they're so excited"}, {"start": "01:14:58", "end": "01:15:02", "text": "to do chores. I'm sure that will wear"}, {"start": "01:14:59", "end": "01:15:03", "text": "off over time, right? But what I started"}, {"start": "01:15:02", "end": "01:15:06", "text": "realizing is like,"}, {"start": "01:15:03", "end": "01:15:08", "text": "I'm responsible for them"}, {"start": "01:15:06", "end": "01:15:10", "text": "knowing this stuff. Not somebody else,"}, {"start": "01:15:08", "end": "01:15:11", "text": "right? And so, I go and I look and I'm"}, {"start": "01:15:10", "end": "01:15:12", "text": "like, okay."}, {"start": "01:15:11", "end": "01:15:14", "text": "I don't know whatever the latest"}, {"start": "01:15:12", "end": "01:15:16", "text": "percentage is of kids who, you know,"}, {"start": "01:15:14", "end": "01:15:17", "text": "can't read past a third grade level or,"}, {"start": "01:15:16", "end": "01:15:19", "text": "you know, whatever. I mean, there's this"}, {"start": "01:15:17", "end": "01:15:21", "text": "balance. I I fully understand there are"}, {"start": "01:15:19", "end": "01:15:22", "text": "parents who are working two jobs, and"}, {"start": "01:15:21", "end": "01:15:22", "text": "they don't have time, and you know, all"}, {"start": "01:15:22", "end": "01:15:23", "text": "this kind of stuff."}, {"start": "01:15:22", "end": "01:15:24", "text": ">> Right."}, {"start": "01:15:23", "end": "01:15:26", "text": ">> But there's a heck of a lot of parents"}, {"start": "01:15:24", "end": "01:15:27", "text": "who are just kind of outsourcing their,"}, {"start": "01:15:26", "end": "01:15:28", "text": "you know, education of their kids to"}, {"start": "01:15:27", "end": "01:15:30", "text": "somebody else and saying, well, like,"}, {"start": "01:15:28", "end": "01:15:31", "text": "why aren't you doing a good job, right?"}, {"start": "01:15:30", "end": "01:15:34", "text": "And I'm always reminded of Clayton"}, {"start": "01:15:31", "end": "01:15:36", "text": "Christensen, The Innovator's Dilemma. He"}, {"start": "01:15:34", "end": "01:15:37", "text": "wrote another book called uh How Will"}, {"start": "01:15:36", "end": "01:15:39", "text": "You Measure Your Life? It's one of my"}, {"start": "01:15:37", "end": "01:15:42", "text": "favorite books. And in it, one of the"}, {"start": "01:15:39", "end": "01:15:43", "text": "like warnings that he gives is, do not"}, {"start": "01:15:42", "end": "01:15:45", "text": "outsource the raising of your children"}, {"start": "01:15:43", "end": "01:15:47", "text": "to other people. And he talks about the"}, {"start": "01:15:45", "end": "01:15:48", "text": "soccer coach. You don't know what their"}, {"start": "01:15:47", "end": "01:15:49", "text": "values are. You don't know what they're"}, {"start": "01:15:48", "end": "01:15:51", "text": "telling your kids if you're not at"}, {"start": "01:15:49", "end": "01:15:52", "text": "practice and all. Doesn't mean don't"}, {"start": "01:15:51", "end": "01:15:54", "text": "have your kid play soccer. Just means"}, {"start": "01:15:52", "end": "01:15:55", "text": "that like, you also are responsible for"}, {"start": "01:15:54", "end": "01:15:57", "text": "telling your kid, you know, how to"}, {"start": "01:15:55", "end": "01:15:58", "text": "perform on the field or what the rules"}, {"start": "01:15:57", "end": "01:15:58", "text": "are or whatever."}, {"start": "01:15:58", "end": "01:16:00", "text": ">> Right."}, {"start": "01:15:58", "end": "01:16:02", "text": ">> It sounds like you guys are in these"}, {"start": "01:16:00", "end": "01:16:06", "text": "kind of micro schools really empowering"}, {"start": "01:16:02", "end": "01:16:07", "text": "the parents along with a teacher to say,"}, {"start": "01:16:06", "end": "01:16:10", "text": "hey look, let's shrink down these class"}, {"start": "01:16:07", "end": "01:16:11", "text": "sizes and be able to spend more time on"}, {"start": "01:16:10", "end": "01:16:12", "text": "the things that actually matter, not"}, {"start": "01:16:11", "end": "01:16:15", "text": "just the rote memorization of the books."}, {"start": "01:16:12", "end": "01:16:17", "text": ">> That's right. And I think one um one"}, {"start": "01:16:15", "end": "01:16:21", "text": "critical distinction is we don't think"}, {"start": "01:16:17", "end": "01:16:22", "text": "about a teacher as a teacher, think"}, {"start": "01:16:21", "end": "01:16:25", "text": "about them as a guide."}, {"start": "01:16:22", "end": "01:16:27", "text": "So, the the kid the the student has"}, {"start": "01:16:25", "end": "01:16:29", "text": "agency."}, {"start": "01:16:27", "end": "01:16:31", "text": "The student gets to decide, and whether"}, {"start": "01:16:29", "end": "01:16:33", "text": "it's Alpha or the micro school that my"}, {"start": "01:16:31", "end": "01:16:35", "text": "kids go to in Wichita, Kansas,"}, {"start": "01:16:33", "end": "01:16:37", "text": "they decide what most of their day looks"}, {"start": "01:16:35", "end": "01:16:39", "text": "like. And I think that that is a"}, {"start": "01:16:37", "end": "01:16:40", "text": "paradigm shift, right? You you know,"}, {"start": "01:16:39", "end": "01:16:40", "text": "like"}, {"start": "01:16:40", "end": "01:16:42", "text": ">> us doing that?"}, {"start": "01:16:40", "end": "01:16:44", "text": ">> Yeah, no, exactly. I mean, I grew up in"}, {"start": "01:16:42", "end": "01:16:46", "text": "system where it was teach the test. I"}, {"start": "01:16:44", "end": "01:16:49", "text": "went to a great school, but"}, {"start": "01:16:46", "end": "01:16:52", "text": "um I look at what what my kids and so"}, {"start": "01:16:49", "end": "01:16:54", "text": "many more kids have access to at a low"}, {"start": "01:16:52", "end": "01:16:55", "text": "cost, by the way."}, {"start": "01:16:54", "end": "01:16:56", "text": "Um"}, {"start": "01:16:55", "end": "01:16:57", "text": ">> And my guess is like on this point,"}, {"start": "01:16:56", "end": "01:16:59", "text": "right?"}, {"start": "01:16:57", "end": "01:17:01", "text": "If we went back in time and somebody"}, {"start": "01:16:59", "end": "01:17:02", "text": "showed up for one day in like high"}, {"start": "01:17:01", "end": "01:17:03", "text": "school and was like, \"What do you guys"}, {"start": "01:17:02", "end": "01:17:04", "text": "want to do today?\""}, {"start": "01:17:03", "end": "01:17:05", "text": "I don't know, you know, we didn't know"}, {"start": "01:17:04", "end": "01:17:06", "text": "each other then, but I'm sure that we'd"}, {"start": "01:17:05", "end": "01:17:08", "text": "kind of be like, \"I don't know, like eat"}, {"start": "01:17:06", "end": "01:17:10", "text": "candy, not do anything, you know,"}, {"start": "01:17:08", "end": "01:17:12", "text": "definitely not be here at school.\""}, {"start": "01:17:10", "end": "01:17:13", "text": "But if that is just the normal"}, {"start": "01:17:12", "end": "01:17:13", "text": "day-to-day,"}, {"start": "01:17:13", "end": "01:17:15", "text": ">> Yeah."}, {"start": "01:17:13", "end": "01:17:17", "text": ">> you don't go to the extreme of like, you"}, {"start": "01:17:15", "end": "01:17:19", "text": "know, screwing around and, you know,"}, {"start": "01:17:17", "end": "01:17:21", "text": "doing the worst thing possible. It's"}, {"start": "01:17:19", "end": "01:17:22", "text": "kind of like, well, I think kids do want"}, {"start": "01:17:21", "end": "01:17:23", "text": "to learn. I think they do want to do"}, {"start": "01:17:22", "end": "01:17:25", "text": "things that are cool."}, {"start": "01:17:23", "end": "01:17:26", "text": ">> What what what we're doing is closing"}, {"start": "01:17:25", "end": "01:17:27", "text": "the motivation gap."}, {"start": "01:17:26", "end": "01:17:30", "text": ">> Mhm."}, {"start": "01:17:27", "end": "01:17:33", "text": ">> Joe Lehmann says that 90% of why you"}, {"start": "01:17:30", "end": "01:17:34", "text": "have a failing student is because he's"}, {"start": "01:17:33", "end": "01:17:35", "text": "not motivated to learn."}, {"start": "01:17:34", "end": "01:17:36", "text": ">> Mhm."}, {"start": "01:17:35", "end": "01:17:39", "text": ">> And [clears throat] so what he's doing"}, {"start": "01:17:36", "end": "01:17:40", "text": "with these techniques and making it fun"}, {"start": "01:17:39", "end": "01:17:42", "text": "and interesting and meeting the kid"}, {"start": "01:17:40", "end": "01:17:44", "text": "where they are,"}, {"start": "01:17:42", "end": "01:17:46", "text": "um is"}, {"start": "01:17:44", "end": "01:17:48", "text": "is closing the motivation gap. I was"}, {"start": "01:17:46", "end": "01:17:50", "text": "like, \"Oh, actually, well, do I have"}, {"start": "01:17:48", "end": "01:17:53", "text": "flexibility in the way I learn?"}, {"start": "01:17:50", "end": "01:17:55", "text": "Um I can do this with gaming and like"}, {"start": "01:17:53", "end": "01:17:57", "text": "somehow like Fortnite comes into this."}, {"start": "01:17:55", "end": "01:17:59", "text": "That's my favorite game and I'm going to"}, {"start": "01:17:57", "end": "01:18:04", "text": "learn. There's an incentive there of if"}, {"start": "01:17:59", "end": "01:18:07", "text": "I really focus on eating my vegetables,"}, {"start": "01:18:04", "end": "01:18:09", "text": "right? And uh and learning my math and"}, {"start": "01:18:07", "end": "01:18:12", "text": "learning uh learning the science and all"}, {"start": "01:18:09", "end": "01:18:14", "text": "all the the the things that I get to"}, {"start": "01:18:12", "end": "01:18:16", "text": "learn also in the afternoon through"}, {"start": "01:18:14", "end": "01:18:18", "text": "Fortnite and then I can I can work on"}, {"start": "01:18:16", "end": "01:18:20", "text": "projects that I'm excited about.\""}, {"start": "01:18:18", "end": "01:18:23", "text": "I'll give you an example of my my own"}, {"start": "01:18:20", "end": "01:18:25", "text": "son, my oldest um son, because of that"}, {"start": "01:18:23", "end": "01:18:28", "text": "flexibility,"}, {"start": "01:18:25", "end": "01:18:32", "text": "um you one of his uh best friends, 13"}, {"start": "01:18:28", "end": "01:18:35", "text": "years old, uh when when um"}, {"start": "01:18:32", "end": "01:18:37", "text": "Anthropic released Claude code, um one"}, {"start": "01:18:35", "end": "01:18:39", "text": "of the kids got really good at it and he"}, {"start": "01:18:37", "end": "01:18:41", "text": "came up the curve quickly and then my"}, {"start": "01:18:39", "end": "01:18:43", "text": "son Charlie was like, \"Hey, I want to"}, {"start": "01:18:41", "end": "01:18:46", "text": "let's do a project together.\""}, {"start": "01:18:43", "end": "01:18:48", "text": "And then within like a month, he comes"}, {"start": "01:18:46", "end": "01:18:50", "text": "home and he's showing me what he's"}, {"start": "01:18:48", "end": "01:18:52", "text": "working on and he's like, \"Pop, why do"}, {"start": "01:18:50", "end": "01:18:54", "text": "you have that spreadsheet there?\" Like I"}, {"start": "01:18:52", "end": "01:18:56", "text": "don't know, I had something my my"}, {"start": "01:18:54", "end": "01:18:57", "text": "workout program or my stretching"}, {"start": "01:18:56", "end": "01:18:59", "text": "program. He's like, \"Let me just build"}, {"start": "01:18:57", "end": "01:19:02", "text": "you a model.\" So, he took that and he's"}, {"start": "01:18:59", "end": "01:19:04", "text": "13 years old, ingested that and had an"}, {"start": "01:19:02", "end": "01:19:05", "text": "app built on my phone in about 35"}, {"start": "01:19:04", "end": "01:19:08", "text": "minutes."}, {"start": "01:19:05", "end": "01:19:09", "text": "I watched him do it. And"}, {"start": "01:19:08", "end": "01:19:12", "text": "and then so"}, {"start": "01:19:09", "end": "01:19:15", "text": "think if we can have all kids that have"}, {"start": "01:19:12", "end": "01:19:18", "text": "this amazing curiosity and they all have"}, {"start": "01:19:15", "end": "01:19:20", "text": "gifts, these tools and just let them run"}, {"start": "01:19:18", "end": "01:19:22", "text": "and let them learn and do it on projects"}, {"start": "01:19:20", "end": "01:19:24", "text": "that they care about, you you close the"}, {"start": "01:19:22", "end": "01:19:26", "text": "motivation gap."}, {"start": "01:19:24", "end": "01:19:28", "text": "And that that alone will transform our"}, {"start": "01:19:26", "end": "01:19:30", "text": "entire education system."}, {"start": "01:19:28", "end": "01:19:30", "text": ">> Wow, your kid does that for you."}, {"start": "01:19:30", "end": "01:19:32", "text": ">> Yeah."}, {"start": "01:19:30", "end": "01:19:33", "text": ">> Then builds confidence they can solve"}, {"start": "01:19:32", "end": "01:19:35", "text": "problems, then thinks critically, then"}, {"start": "01:19:33", "end": "01:19:37", "text": "goes and develops a comparative"}, {"start": "01:19:35", "end": "01:19:38", "text": "advantage, right? And then just feeds"}, {"start": "01:19:37", "end": "01:19:38", "text": "from there."}, {"start": "01:19:38", "end": "01:19:39", "text": ">> Yeah."}, {"start": "01:19:38", "end": "01:19:41", "text": ">> Before I let you go,"}, {"start": "01:19:39", "end": "01:19:43", "text": "investing. We spent very little time on"}, {"start": "01:19:41", "end": "01:19:46", "text": "that."}, {"start": "01:19:43", "end": "01:19:48", "text": "You all drive a ton of profit. You can"}, {"start": "01:19:46", "end": "01:19:50", "text": "reinvest it into businesses. You can go"}, {"start": "01:19:48", "end": "01:19:51", "text": "buy new businesses. There's also a whole"}, {"start": "01:19:50", "end": "01:19:53", "text": "universe of investment assets out there"}, {"start": "01:19:51", "end": "01:19:55", "text": "you can buy. How do you guys just"}, {"start": "01:19:53", "end": "01:19:56", "text": "philosophically think about allocating"}, {"start": "01:19:55", "end": "01:19:58", "text": "the money?"}, {"start": "01:19:56", "end": "01:19:59", "text": ">> Yeah, so"}, {"start": "01:19:58", "end": "01:20:02", "text": "I would go back to one of our"}, {"start": "01:19:59", "end": "01:20:04", "text": "principles, long-term thinking versus"}, {"start": "01:20:02", "end": "01:20:08", "text": "short-term thinking. So, we apply that"}, {"start": "01:20:04", "end": "01:20:11", "text": "to to all of our investments. Um"}, {"start": "01:20:08", "end": "01:20:13", "text": "we do invest in pretty much every asset"}, {"start": "01:20:11", "end": "01:20:16", "text": "class there is and I think when you look"}, {"start": "01:20:13", "end": "01:20:18", "text": "at Coke big picture, um about half of it"}, {"start": "01:20:16", "end": "01:20:20", "text": "is those is eight operating businesses"}, {"start": "01:20:18", "end": "01:20:22", "text": "and then we have four investment"}, {"start": "01:20:20", "end": "01:20:24", "text": "businesses that as I mentioned covered"}, {"start": "01:20:22", "end": "01:20:27", "text": "every asset class from early stage"}, {"start": "01:20:24", "end": "01:20:30", "text": "venture capital all the way to investing"}, {"start": "01:20:27", "end": "01:20:32", "text": "in in funds and investing in credit"}, {"start": "01:20:30", "end": "01:20:34", "text": "strategies and whatnot. Um"}, {"start": "01:20:32", "end": "01:20:35", "text": ">> So, eight operating businesses and then"}, {"start": "01:20:34", "end": "01:20:37", "text": "four like investments."}, {"start": "01:20:35", "end": "01:20:39", "text": ">> Four investments. But but um, half of"}, {"start": "01:20:37", "end": "01:20:42", "text": "our capital consumed is in the business,"}, {"start": "01:20:39", "end": "01:20:43", "text": "but half of Coke is in these investment"}, {"start": "01:20:42", "end": "01:20:44", "text": "businesses, right?"}, {"start": "01:20:43", "end": "01:20:46", "text": ">> That's interesting."}, {"start": "01:20:44", "end": "01:20:48", "text": ">> Yeah, so um, and I think that's another"}, {"start": "01:20:46", "end": "01:20:51", "text": "thing that people don't don't know about"}, {"start": "01:20:48", "end": "01:20:53", "text": "Coke, but we want to we want to create"}, {"start": "01:20:51", "end": "01:20:55", "text": "we want to have enough optionality and"}, {"start": "01:20:53", "end": "01:20:58", "text": "liquidity to where when the next Georgia"}, {"start": "01:20:55", "end": "01:21:00", "text": "Pacific, the next Molex comes around, we"}, {"start": "01:20:58", "end": "01:21:02", "text": "have the dry powder so that we we can"}, {"start": "01:21:00", "end": "01:21:06", "text": "act and we can act quickly. And I think"}, {"start": "01:21:02", "end": "01:21:09", "text": "being private um, with an incredible"}, {"start": "01:21:06", "end": "01:21:11", "text": "um, board that um, we can get together"}, {"start": "01:21:09", "end": "01:21:13", "text": "within 24 hours on an opportunity that"}, {"start": "01:21:11", "end": "01:21:15", "text": "creates a big competitive advantage for"}, {"start": "01:21:13", "end": "01:21:16", "text": "us in the in the business development"}, {"start": "01:21:15", "end": "01:21:17", "text": "world."}, {"start": "01:21:16", "end": "01:21:19", "text": "Um, what [clears throat] I would say one"}, {"start": "01:21:17", "end": "01:21:21", "text": "area that I'm specifically focused on"}, {"start": "01:21:19", "end": "01:21:23", "text": "that I think is"}, {"start": "01:21:21", "end": "01:21:26", "text": "one of the biggest opportunities for"}, {"start": "01:21:23", "end": "01:21:28", "text": "Coke long-term is on this trend of"}, {"start": "01:21:26", "end": "01:21:29", "text": "generational wealth transfer in"}, {"start": "01:21:28", "end": "01:21:32", "text": "businesses, especially family"}, {"start": "01:21:29", "end": "01:21:34", "text": "businesses. If you look at the turnover"}, {"start": "01:21:32", "end": "01:21:36", "text": "of wealth over the next 20 years is"}, {"start": "01:21:34", "end": "01:21:38", "text": "north of a hundred trillion."}, {"start": "01:21:36", "end": "01:21:40", "text": "Uh, so they just stagger staggering"}, {"start": "01:21:38", "end": "01:21:42", "text": "numbers and that creates business"}, {"start": "01:21:40", "end": "01:21:44", "text": "opportunity."}, {"start": "01:21:42", "end": "01:21:45", "text": "And so family-owned business in"}, {"start": "01:21:44", "end": "01:21:48", "text": "particular, private family-owned"}, {"start": "01:21:45", "end": "01:21:50", "text": "businesses that are mature, we're"}, {"start": "01:21:48", "end": "01:21:53", "text": "looking at um, you know, uh, businesses"}, {"start": "01:21:50", "end": "01:21:56", "text": "that have significant cash flow and"}, {"start": "01:21:53", "end": "01:21:59", "text": "meaningful EBITDA. We we have proven"}, {"start": "01:21:56", "end": "01:22:01", "text": "over time that we think long-term about"}, {"start": "01:21:59", "end": "01:22:03", "text": "those and that we can be a great home"}, {"start": "01:22:01", "end": "01:22:05", "text": "for those companies, whether it's a"}, {"start": "01:22:03", "end": "01:22:08", "text": "minority investment or uh, a"}, {"start": "01:22:05", "end": "01:22:10", "text": "a full, you know, acquisition."}, {"start": "01:22:08", "end": "01:22:12", "text": "We approach the market and especially"}, {"start": "01:22:10", "end": "01:22:14", "text": "these these family-owned businesses and"}, {"start": "01:22:12", "end": "01:22:18", "text": "the principals of these companies with a"}, {"start": "01:22:14", "end": "01:22:21", "text": "capital solution provider uh, mindset."}, {"start": "01:22:18", "end": "01:22:23", "text": "And um, we want to our goal is to be the"}, {"start": "01:22:21", "end": "01:22:25", "text": "first call with these family businesses"}, {"start": "01:22:23", "end": "01:22:26", "text": "when they run into problems such as"}, {"start": "01:22:25", "end": "01:22:29", "text": "succession."}, {"start": "01:22:26", "end": "01:22:31", "text": "Um, they need private equity out cuz"}, {"start": "01:22:29", "end": "01:22:33", "text": "private equity is is not thinking"}, {"start": "01:22:31", "end": "01:22:35", "text": "long-term and they need to close a fund"}, {"start": "01:22:33", "end": "01:22:36", "text": "and they they want off the cap stack or"}, {"start": "01:22:35", "end": "01:22:38", "text": "growth capital."}, {"start": "01:22:36", "end": "01:22:41", "text": "And so"}, {"start": "01:22:38", "end": "01:22:43", "text": "that's a a big part of what I do um"}, {"start": "01:22:41", "end": "01:22:45", "text": "because I can I have the ability to tell"}, {"start": "01:22:43", "end": "01:22:47", "text": "the Koch story. I think"}, {"start": "01:22:45", "end": "01:22:48", "text": "multi-generational company. We've been"}, {"start": "01:22:47", "end": "01:22:51", "text": "through all the family problems, so we"}, {"start": "01:22:48", "end": "01:22:54", "text": "get it. We get it, right? And so to be"}, {"start": "01:22:51", "end": "01:22:55", "text": "able to go into the market and say Koch"}, {"start": "01:22:54", "end": "01:22:58", "text": "could be a great home just like it's"}, {"start": "01:22:55", "end": "01:23:01", "text": "been for Infor, for Molex."}, {"start": "01:22:58", "end": "01:23:03", "text": "Um, one of the more recent um uh deals"}, {"start": "01:23:01", "end": "01:23:04", "text": "we've done is with the DeSoto family"}, {"start": "01:23:03", "end": "01:23:06", "text": "with uh Miter."}, {"start": "01:23:04", "end": "01:23:09", "text": "Um, um"}, {"start": "01:23:06", "end": "01:23:11", "text": "a lot there was an opportunity to um to"}, {"start": "01:23:09", "end": "01:23:14", "text": "buy into that company and then"}, {"start": "01:23:11", "end": "01:23:17", "text": "uh supply growth capital to them and but"}, {"start": "01:23:14", "end": "01:23:19", "text": "also bring these principles to um into"}, {"start": "01:23:17", "end": "01:23:22", "text": "MI Windows and Doors."}, {"start": "01:23:19", "end": "01:23:25", "text": "We were able to prove ourselves by"}, {"start": "01:23:22", "end": "01:23:28", "text": "making a relatively small investment"}, {"start": "01:23:25", "end": "01:23:31", "text": "um in the company um"}, {"start": "01:23:28", "end": "01:23:32", "text": "that ultimately grew from roughly a $300"}, {"start": "01:23:31", "end": "01:23:35", "text": "million investment in that company to"}, {"start": "01:23:32", "end": "01:23:38", "text": "$1.5 billion over time"}, {"start": "01:23:35", "end": "01:23:38", "text": "um because we are a preferred partner to"}, {"start": "01:23:38", "end": "01:23:41", "text": "them."}, {"start": "01:23:38", "end": "01:23:44", "text": "And we helped them grow from, you know,"}, {"start": "01:23:41", "end": "01:23:46", "text": "60 million EBITDA or sorry 80 million"}, {"start": "01:23:44", "end": "01:23:48", "text": "EBITDA to roughly 600 million EBITDA"}, {"start": "01:23:46", "end": "01:23:51", "text": "over the course of, you know, five or"}, {"start": "01:23:48", "end": "01:23:53", "text": "six years through growth growth capital."}, {"start": "01:23:51", "end": "01:23:55", "text": "And so that that's an example of being a"}, {"start": "01:23:53", "end": "01:23:58", "text": "capital solution provider, understanding"}, {"start": "01:23:55", "end": "01:24:02", "text": "the family's problems and opportunities"}, {"start": "01:23:58", "end": "01:24:03", "text": "and then um thinking long-term. And so"}, {"start": "01:24:02", "end": "01:24:05", "text": "business development, back to your"}, {"start": "01:24:03", "end": "01:24:08", "text": "question, that's that's where we want to"}, {"start": "01:24:05", "end": "01:24:09", "text": "be and we hope that we earn that brand"}, {"start": "01:24:08", "end": "01:24:12", "text": "over time"}, {"start": "01:24:09", "end": "01:24:14", "text": "and continue to hopefully be top of mind"}, {"start": "01:24:12", "end": "01:24:15", "text": "in that first call for the next big"}, {"start": "01:24:14", "end": "01:24:18", "text": "opportunity."}, {"start": "01:24:15", "end": "01:24:19", "text": ">> Well, if uh"}, {"start": "01:24:18", "end": "01:24:21", "text": "as I've talked with you more and more, I"}, {"start": "01:24:19", "end": "01:24:24", "text": "think that one thing that is very clear"}, {"start": "01:24:21", "end": "01:24:27", "text": "is uh I always say that you can't fake"}, {"start": "01:24:24", "end": "01:24:29", "text": "good kids, right? And"}, {"start": "01:24:27", "end": "01:24:30", "text": "those Sunday lessons you may have been"}, {"start": "01:24:29", "end": "01:24:32", "text": "listening more than you thought."}, {"start": "01:24:30", "end": "01:24:35", "text": ">> Oh, [laughter] well, I yeah, at some"}, {"start": "01:24:32", "end": "01:24:37", "text": "point my father says"}, {"start": "01:24:35", "end": "01:24:39", "text": "my father says I can't remember the"}, {"start": "01:24:37", "end": "01:24:41", "text": "quote, but"}, {"start": "01:24:39", "end": "01:24:43", "text": "sometimes"}, {"start": "01:24:41", "end": "01:24:43", "text": "these ideas penetrate even the dullest"}, {"start": "01:24:43", "end": "01:24:44", "text": "of minds."}, {"start": "01:24:43", "end": "01:24:44", "text": ">> Yeah."}, {"start": "01:24:44", "end": "01:24:45", "text": ">> [laughter]"}, {"start": "01:24:44", "end": "01:24:47", "text": ">> You know what I'm laughing about? My"}, {"start": "01:24:45", "end": "01:24:48", "text": "brother was laughing the other day. We"}, {"start": "01:24:47", "end": "01:24:50", "text": "used to tell our parents that we didn't"}, {"start": "01:24:48", "end": "01:24:51", "text": "need to study cuz we would just put the"}, {"start": "01:24:50", "end": "01:24:53", "text": "textbook underneath our bed and osmosis"}, {"start": "01:24:51", "end": "01:24:54", "text": "would work, right?"}, {"start": "01:24:53", "end": "01:24:56", "text": "We just said enough in our brain so"}, {"start": "01:24:54", "end": "01:24:57", "text": "we'll do well on the test. And you know,"}, {"start": "01:24:56", "end": "01:24:59", "text": "your parents are like you're"}, {"start": "01:24:57", "end": "01:25:01", "text": ">> It's true, but it's true. It's through"}, {"start": "01:24:59", "end": "01:25:01", "text": "personal experience and failure."}, {"start": "01:25:01", "end": "01:25:03", "text": ">> Yeah."}, {"start": "01:25:01", "end": "01:25:05", "text": ">> That's how that's how you learn."}, {"start": "01:25:03", "end": "01:25:06", "text": "And one thing before we we close here"}, {"start": "01:25:05", "end": "01:25:08", "text": "that I would like to say to your"}, {"start": "01:25:06", "end": "01:25:10", "text": "audience is"}, {"start": "01:25:08", "end": "01:25:13", "text": "it seems like these principles can be"}, {"start": "01:25:10", "end": "01:25:14", "text": "like so daunting, right? Like in the"}, {"start": "01:25:13", "end": "01:25:16", "text": "book we said there's 41 principles."}, {"start": "01:25:14", "end": "01:25:18", "text": "There's no magic number to 41. Those are"}, {"start": "01:25:16", "end": "01:25:21", "text": "just the ones that we have found that"}, {"start": "01:25:18", "end": "01:25:23", "text": "have really helped us transform"}, {"start": "01:25:21", "end": "01:25:26", "text": "and that we we feel like apply most to"}, {"start": "01:25:23", "end": "01:25:29", "text": "society and apply to every aspect of"}, {"start": "01:25:26", "end": "01:25:31", "text": "life, but the power of technology to"}, {"start": "01:25:29", "end": "01:25:33", "text": "apply principles now"}, {"start": "01:25:31", "end": "01:25:36", "text": "I'd encourage your audience to download"}, {"start": "01:25:33", "end": "01:25:37", "text": "and check out an app that that that we"}, {"start": "01:25:36", "end": "01:25:40", "text": "built called the Principle Companion"}, {"start": "01:25:37", "end": "01:25:41", "text": "that really we launched with the book,"}, {"start": "01:25:40", "end": "01:25:44", "text": "but"}, {"start": "01:25:41", "end": "01:25:46", "text": "it's instead of looking at it as I got"}, {"start": "01:25:44", "end": "01:25:48", "text": "to read this book and I got to you know,"}, {"start": "01:25:46", "end": "01:25:50", "text": "learn all 41 principles and try to"}, {"start": "01:25:48", "end": "01:25:52", "text": "figure out how to apply this. That"}, {"start": "01:25:50", "end": "01:25:55", "text": "starts with whatever problem that you"}, {"start": "01:25:52", "end": "01:25:58", "text": "have right now today and you engage with"}, {"start": "01:25:55", "end": "01:26:00", "text": "it just like chat GPT one field,"}, {"start": "01:25:58", "end": "01:26:03", "text": "whatever your problem is, type it in and"}, {"start": "01:26:00", "end": "01:26:04", "text": "engages with you in a way that teaches"}, {"start": "01:26:03", "end": "01:26:05", "text": "you principles to solve problems."}, {"start": "01:26:04", "end": "01:26:08", "text": ">> Interesting."}, {"start": "01:26:05", "end": "01:26:11", "text": ">> So a 5-minute exercise. So you can learn"}, {"start": "01:26:08", "end": "01:26:13", "text": "one or two principles, get a win, get"}, {"start": "01:26:11", "end": "01:26:15", "text": "some momentum and then learn more. It"}, {"start": "01:26:13", "end": "01:26:17", "text": "becomes like well, that helped me with"}, {"start": "01:26:15", "end": "01:26:19", "text": "my day. It helped me with my boss. It"}, {"start": "01:26:17", "end": "01:26:21", "text": "helped me with my employees. It helped"}, {"start": "01:26:19", "end": "01:26:23", "text": "me think about strategy differently in"}, {"start": "01:26:21", "end": "01:26:25", "text": "in my business. It helped me"}, {"start": "01:26:23", "end": "01:26:26", "text": "on how I interact with the kids at the"}, {"start": "01:26:25", "end": "01:26:28", "text": "dinner table."}, {"start": "01:26:26", "end": "01:26:29", "text": "And so I'd encourage them to check that"}, {"start": "01:26:28", "end": "01:26:31", "text": "out and just take the problem you're"}, {"start": "01:26:29", "end": "01:26:33", "text": "dealing with right now and see if that"}, {"start": "01:26:31", "end": "01:26:35", "text": "gives you momentum in learning one or"}, {"start": "01:26:33", "end": "01:26:37", "text": "two principles and then and then uh I"}, {"start": "01:26:35", "end": "01:26:38", "text": "think you'll learn more over time."}, {"start": "01:26:37", "end": "01:26:40", "text": ">> How can people get the app?"}, {"start": "01:26:38", "end": "01:26:42", "text": ">> So uh they can download it in any of the"}, {"start": "01:26:40", "end": "01:26:46", "text": "app stores. So Apple app stores or"}, {"start": "01:26:42", "end": "01:26:47", "text": "Google Play. Um it's it's in it's in all"}, {"start": "01:26:46", "end": "01:26:48", "text": "the technology uh platforms."}, {"start": "01:26:47", "end": "01:26:48", "text": ">> Amazing."}, {"start": "01:26:48", "end": "01:26:50", "text": ">> Yeah."}, {"start": "01:26:48", "end": "01:26:52", "text": ">> The book is called Becoming a"}, {"start": "01:26:50", "end": "01:26:54", "text": "Principle-Driven Leader, 41 Principles"}, {"start": "01:26:52", "end": "01:26:54", "text": "to Build an Enduring Business."}, {"start": "01:26:54", "end": "01:26:56", "text": "Um"}, {"start": "01:26:54", "end": "01:26:58", "text": "I think the part that I enjoyed the most"}, {"start": "01:26:56", "end": "01:27:00", "text": "was uh"}, {"start": "01:26:58", "end": "01:27:01", "text": "I cuz I've read Charles's books, I kind"}, {"start": "01:27:00", "end": "01:27:03", "text": "of think I understand how he writes a"}, {"start": "01:27:01", "end": "01:27:05", "text": "little bit and his thought process. You"}, {"start": "01:27:03", "end": "01:27:05", "text": "and him together, you guys got to write"}, {"start": "01:27:05", "end": "01:27:06", "text": "another"}, {"start": "01:27:05", "end": "01:27:07", "text": ">> thank you."}, {"start": "01:27:06", "end": "01:27:07", "text": ">> You guys got to write another one now."}, {"start": "01:27:07", "end": "01:27:10", "text": ">> [laughter]"}, {"start": "01:27:07", "end": "01:27:12", "text": ">> Well, it was so fun. You know, my mom"}, {"start": "01:27:10", "end": "01:27:14", "text": "said to my father after his first book,"}, {"start": "01:27:12", "end": "01:27:16", "text": "he said, \"You'll you'll write your next"}, {"start": "01:27:14", "end": "01:27:17", "text": "book with your next wife.\""}, {"start": "01:27:16", "end": "01:27:19", "text": ">> [laughter]"}, {"start": "01:27:17", "end": "01:27:21", "text": ">> And he wrote five and she's still with"}, {"start": "01:27:19", "end": "01:27:23", "text": "him. So"}, {"start": "01:27:21", "end": "01:27:24", "text": "um but he has he has you know, I mean it"}, {"start": "01:27:23", "end": "01:27:24", "text": "is a process."}, {"start": "01:27:24", "end": "01:27:28", "text": ">> Yeah."}, {"start": "01:27:24", "end": "01:27:29", "text": ">> But I learned more in the last 18 months"}, {"start": "01:27:28", "end": "01:27:30", "text": "than I've learned in the last 18 years."}, {"start": "01:27:29", "end": "01:27:31", "text": ">> But it's probably you have to write it"}, {"start": "01:27:30", "end": "01:27:32", "text": "down."}, {"start": "01:27:31", "end": "01:27:34", "text": ">> You got it you got it you"}, {"start": "01:27:32", "end": "01:27:34", "text": ">> Like by writing it down it makes it more"}, {"start": "01:27:34", "end": "01:27:36", "text": "concrete."}, {"start": "01:27:34", "end": "01:27:38", "text": ">> it and writing it and I would encourage"}, {"start": "01:27:36", "end": "01:27:40", "text": "like look"}, {"start": "01:27:38", "end": "01:27:43", "text": "every business leader to have a clear"}, {"start": "01:27:40", "end": "01:27:45", "text": "set of values and principles and capture"}, {"start": "01:27:43", "end": "01:27:47", "text": "the stories of your failures. And get"}, {"start": "01:27:45", "end": "01:27:49", "text": "those out so those stories aren't lost."}, {"start": "01:27:47", "end": "01:27:50", "text": "That's what we're trying to do with this"}, {"start": "01:27:49", "end": "01:27:52", "text": "book [clears throat] and why my dad's on"}, {"start": "01:27:50", "end": "01:27:55", "text": "his fifth book. This is my first one,"}, {"start": "01:27:52", "end": "01:27:57", "text": "but um is that yeah, I mean we want to"}, {"start": "01:27:55", "end": "01:27:58", "text": "we want Coke to learn from these stories"}, {"start": "01:27:57", "end": "01:28:00", "text": "so we don't make the same mistakes, but"}, {"start": "01:27:58", "end": "01:28:03", "text": "really empower people these with these"}, {"start": "01:28:00", "end": "01:28:05", "text": "principles, but we offer it outside of"}, {"start": "01:28:03", "end": "01:28:06", "text": "Coke because everyone's like well, why"}, {"start": "01:28:05", "end": "01:28:08", "text": "would you take that competitive"}, {"start": "01:28:06", "end": "01:28:09", "text": "advantage and offer it to anyone else"}, {"start": "01:28:08", "end": "01:28:12", "text": "cuz"}, {"start": "01:28:09", "end": "01:28:13", "text": "we want to see as many people transform"}, {"start": "01:28:12", "end": "01:28:16", "text": "their lives as possible with these"}, {"start": "01:28:13", "end": "01:28:18", "text": "principles. We've seen it across social"}, {"start": "01:28:16", "end": "01:28:20", "text": "change, we've seen it across nonprofits,"}, {"start": "01:28:18", "end": "01:28:22", "text": "we've seen it in our own lives, and"}, {"start": "01:28:20", "end": "01:28:24", "text": "we've seen it in our own business. We"}, {"start": "01:28:22", "end": "01:28:26", "text": "just want as many people out there to"}, {"start": "01:28:24", "end": "01:28:27", "text": "have that the opportunity to transform"}, {"start": "01:28:26", "end": "01:28:28", "text": "their lives, too."}, {"start": "01:28:27", "end": "01:28:30", "text": ">> Well, I think it's amazing. I highly"}, {"start": "01:28:28", "end": "01:28:31", "text": "recommend everyone go get the book, and"}, {"start": "01:28:30", "end": "01:28:35", "text": "we'll do this again in the future."}, {"start": "01:28:31", "end": "01:28:35", "text": ">> Awesome. Thanks, Anthony. Appreciate it."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "I believe from an Elliot wave"}, {"start": "00:00:01", "end": "00:00:05", "text": "perspective, we're entering a third"}, {"start": "00:00:02", "end": "00:00:07", "text": "wave, a big the most powerful wave in"}, {"start": "00:00:05", "end": "00:00:09", "text": "crypto. For that to happen and the"}, {"start": "00:00:07", "end": "00:00:11", "text": "reasons behind it, we need this kind of"}, {"start": "00:00:09", "end": "00:00:13", "text": "doubt when it starts to go up. Um"}, {"start": "00:00:11", "end": "00:00:16", "text": "because the energy that should be"}, {"start": "00:00:13", "end": "00:00:20", "text": "associated should be real for this to be"}, {"start": "00:00:16", "end": "00:00:22", "text": "a third wave. I also need the silent IPO"}, {"start": "00:00:20", "end": "00:00:24", "text": "thing to be there. I needed to see"}, {"start": "00:00:22", "end": "00:00:25", "text": "what's going on guys. Today we have a"}, {"start": "00:00:24", "end": "00:00:27", "text": "great conversation with Jordy Visser. In"}, {"start": "00:00:25", "end": "00:00:28", "text": "it, we talk about interest rates. why"}, {"start": "00:00:27", "end": "00:00:29", "text": "everyone's worried about them going"}, {"start": "00:00:28", "end": "00:00:31", "text": "higher, but maybe it's not actually"}, {"start": "00:00:29", "end": "00:00:32", "text": "going to affect the economy or your"}, {"start": "00:00:31", "end": "00:00:34", "text": "portfolio as much as you think. We talk"}, {"start": "00:00:32", "end": "00:00:35", "text": "about Bitcoin and whether it's going"}, {"start": "00:00:34", "end": "00:00:36", "text": "higher, lower, or going to stay the"}, {"start": "00:00:35", "end": "00:00:38", "text": "same. Why people are so bearish, but"}, {"start": "00:00:36", "end": "00:00:40", "text": "Jordi is so bullish. And then we talk"}, {"start": "00:00:38", "end": "00:00:42", "text": "about AI agents and what's going on"}, {"start": "00:00:40", "end": "00:00:43", "text": "changing in the way we work, the way"}, {"start": "00:00:42", "end": "00:00:45", "text": "that we live our lives, and how it is"}, {"start": "00:00:43", "end": "00:00:47", "text": "going to impact everything around us."}, {"start": "00:00:45", "end": "00:00:49", "text": "This conversation has a ton of impact on"}, {"start": "00:00:47", "end": "00:00:51", "text": "what is actually going to occur in your"}, {"start": "00:00:49", "end": "00:00:53", "text": "portfolio, in the US economy over the"}, {"start": "00:00:51", "end": "00:00:54", "text": "coming years. I highly suggest that you"}, {"start": "00:00:53", "end": "00:00:55", "text": "listen to this very carefully, and I"}, {"start": "00:00:54", "end": "00:00:57", "text": "think that you'll get a lot of value out"}, {"start": "00:00:55", "end": "00:00:59", "text": "of it. Here's my latest conversation"}, {"start": "00:00:57", "end": "00:01:00", "text": "with Jordy Visser. All right, Jordy,"}, {"start": "00:00:59", "end": "00:01:02", "text": "we're back in studio. You got a Hawaiian"}, {"start": "00:01:00", "end": "00:01:04", "text": "shirt on. I got a Yankees hat. We're"}, {"start": "00:01:02", "end": "00:01:05", "text": "ready to rock and roll. Uh, everyone has"}, {"start": "00:01:04", "end": "00:01:07", "text": "one big question. Are interest rates"}, {"start": "00:01:05", "end": "00:01:09", "text": "going to go up or are they not? Scott"}, {"start": "00:01:07", "end": "00:01:10", "text": "Bessant this week gave an interview and"}, {"start": "00:01:09", "end": "00:01:13", "text": "he said, \"I have more information than"}, {"start": "00:01:10", "end": "00:01:15", "text": "the market has obviously. Uh, how are"}, {"start": "00:01:13", "end": "00:01:17", "text": "you analyzing whether rates will go up"}, {"start": "00:01:15", "end": "00:01:19", "text": "or not? And then what is the impact of"}, {"start": "00:01:17", "end": "00:01:21", "text": "them changing?\""}, {"start": "00:01:19", "end": "00:01:24", "text": ">> All right. F first of all, and I did"}, {"start": "00:01:21", "end": "00:01:26", "text": "post some stuff in X and I'm going to do"}, {"start": "00:01:24", "end": "00:01:29", "text": "some stuff in the the video over the"}, {"start": "00:01:26", "end": "00:01:32", "text": "weekend. Um, your question aligns with"}, {"start": "00:01:29", "end": "00:01:36", "text": "the way people are freaking out. Um, I I"}, {"start": "00:01:32", "end": "00:01:39", "text": "personally I'm shocked for for let's"}, {"start": "00:01:36", "end": "00:01:41", "text": "just use tenure rates. For the most"}, {"start": "00:01:39", "end": "00:01:43", "text": "part, they've been stuck in a 50 basis"}, {"start": "00:01:41", "end": "00:01:46", "text": "point range for the last almost four"}, {"start": "00:01:43", "end": "00:01:49", "text": "years since the peak in 2022 or the peak"}, {"start": "00:01:46", "end": "00:01:51", "text": "since they started to range trade. rates"}, {"start": "00:01:49", "end": "00:01:55", "text": "should be going higher because nominal"}, {"start": "00:01:51", "end": "00:01:57", "text": "GDP is over 6%. And nominal GDP is over"}, {"start": "00:01:55", "end": "00:02:00", "text": "6% because of the AI trade which is all"}, {"start": "00:01:57", "end": "00:02:02", "text": "related to the buildout of the AI trade."}, {"start": "00:02:00", "end": "00:02:04", "text": "I don't think people should be focused"}, {"start": "00:02:02", "end": "00:02:07", "text": "on whether rates are going up or not. I"}, {"start": "00:02:04", "end": "00:02:10", "text": "think the question is will rates do"}, {"start": "00:02:07", "end": "00:02:12", "text": "anything to the economy? And number two,"}, {"start": "00:02:10", "end": "00:02:14", "text": "and most importantly, the administration"}, {"start": "00:02:12", "end": "00:02:16", "text": "and Scott Bessant have shown their hands"}, {"start": "00:02:14", "end": "00:02:18", "text": "that they don't want rates to go higher."}, {"start": "00:02:16", "end": "00:02:20", "text": "And regardless of the reasons, he's not"}, {"start": "00:02:18", "end": "00:02:21", "text": "going to publicly go out and say, \"Well,"}, {"start": "00:02:20", "end": "00:02:25", "text": "we're really focused on the fact that"}, {"start": "00:02:21", "end": "00:02:27", "text": "the um the deficit's big, and if we let"}, {"start": "00:02:25", "end": "00:02:28", "text": "rates go higher, then our interest"}, {"start": "00:02:27", "end": "00:02:30", "text": "expense is going to be higher and we're"}, {"start": "00:02:28", "end": "00:02:32", "text": "going to be in worse of a a debt"}, {"start": "00:02:30", "end": "00:02:34", "text": "situation.\" I think the more important"}, {"start": "00:02:32", "end": "00:02:37", "text": "thing for people to think about again is"}, {"start": "00:02:34", "end": "00:02:40", "text": "will rates of this magnitude this is not"}, {"start": "00:02:37", "end": "00:02:43", "text": "a big move. So will rates making the"}, {"start": "00:02:40", "end": "00:02:45", "text": "scary 20-year high which is the chart"}, {"start": "00:02:43", "end": "00:02:48", "text": "that everyone shows around and that all"}, {"start": "00:02:45", "end": "00:02:51", "text": "the people that believe in the endgame"}, {"start": "00:02:48", "end": "00:02:54", "text": "that Ducken Miller wrote about which is"}, {"start": "00:02:51", "end": "00:02:58", "text": "you're manipulating a yield to where it"}, {"start": "00:02:54", "end": "00:03:00", "text": "should be and it should be higher. So I"}, {"start": "00:02:58", "end": "00:03:02", "text": "agree with that. What I don't agree with"}, {"start": "00:03:00", "end": "00:03:04", "text": "is that people should sell stocks"}, {"start": "00:03:02", "end": "00:03:05", "text": "because of that or that they should be"}, {"start": "00:03:04", "end": "00:03:08", "text": "thinking that something bad is going to"}, {"start": "00:03:05", "end": "00:03:10", "text": "happen. And the reason is there is no"}, {"start": "00:03:08", "end": "00:03:11", "text": "sensitivity to rates with inside the AI"}, {"start": "00:03:10", "end": "00:03:13", "text": "buildout. And I'm going to show that"}, {"start": "00:03:11", "end": "00:03:16", "text": "this weekend too. The margins for the"}, {"start": "00:03:13", "end": "00:03:18", "text": "front tier models which are anthropic"}, {"start": "00:03:16", "end": "00:03:20", "text": "and open AI which are really the drivers"}, {"start": "00:03:18", "end": "00:03:23", "text": "of the entire thing at this point. So"}, {"start": "00:03:20", "end": "00:03:25", "text": "users are using chatebt and anthropic."}, {"start": "00:03:23", "end": "00:03:27", "text": "They've become a dual a duopoly and yes"}, {"start": "00:03:25", "end": "00:03:28", "text": "you have open source but these are the"}, {"start": "00:03:27", "end": "00:03:29", "text": "companies that the enterprises are"}, {"start": "00:03:28", "end": "00:03:32", "text": "using. These are the ones that are able"}, {"start": "00:03:29", "end": "00:03:35", "text": "to charge the prices they're charging."}, {"start": "00:03:32", "end": "00:03:38", "text": "Their margins are enormous and interest"}, {"start": "00:03:35", "end": "00:03:41", "text": "rates have almost no impact. So I'm"}, {"start": "00:03:38", "end": "00:03:43", "text": "going to show with the work of Claude"}, {"start": "00:03:41", "end": "00:03:45", "text": "and Chat GPT with Gemini as my fact"}, {"start": "00:03:43", "end": "00:03:47", "text": "checker and then using them all as my"}, {"start": "00:03:45", "end": "00:03:49", "text": "fact checker that a 200 basis point rise"}, {"start": "00:03:47", "end": "00:03:51", "text": "in"}, {"start": "00:03:49", "end": "00:03:54", "text": "10ear yields doesn't change the margins"}, {"start": "00:03:51", "end": "00:03:57", "text": "for enthropic or open AI by very much."}, {"start": "00:03:54", "end": "00:03:59", "text": "It's about from let's say 70% to 69% 200"}, {"start": "00:03:57", "end": "00:04:01", "text": "basis points. This is the first time"}, {"start": "00:03:59", "end": "00:04:04", "text": "that this has gone on. So part of this"}, {"start": "00:04:01", "end": "00:04:05", "text": "fear over rates is the history of an"}, {"start": "00:04:04", "end": "00:04:07", "text": "economy that was driven by housing and"}, {"start": "00:04:05", "end": "00:04:09", "text": "was driven by autos and the great"}, {"start": "00:04:07", "end": "00:04:10", "text": "financial crisis. So again, I've said"}, {"start": "00:04:09", "end": "00:04:13", "text": "this repeatedly. If you listen to"}, {"start": "00:04:10", "end": "00:04:15", "text": "economists, you are going to lose money."}, {"start": "00:04:13", "end": "00:04:17", "text": "If you listen to people who take the"}, {"start": "00:04:15", "end": "00:04:20", "text": "past and extrapolate it into a time with"}, {"start": "00:04:17", "end": "00:04:22", "text": "exponential demand where margins are"}, {"start": "00:04:20", "end": "00:04:25", "text": "infinite. I mean they're as high as they"}, {"start": "00:04:22", "end": "00:04:27", "text": "can be and the demand side is never"}, {"start": "00:04:25", "end": "00:04:30", "text": "ending because we barely have started"}, {"start": "00:04:27", "end": "00:04:33", "text": "and the advancements in Grockbot mean"}, {"start": "00:04:30", "end": "00:04:35", "text": "more usage. Astra which hasn't been"}, {"start": "00:04:33", "end": "00:04:38", "text": "released to us yet but you read through"}, {"start": "00:04:35", "end": "00:04:40", "text": "X like everything is going to continue"}, {"start": "00:04:38", "end": "00:04:42", "text": "and I'll leave it with one more thing."}, {"start": "00:04:40", "end": "00:04:44", "text": "Um, I was listening to a podcast today"}, {"start": "00:04:42", "end": "00:04:47", "text": "and basically the way they're talking"}, {"start": "00:04:44", "end": "00:04:50", "text": "about it at OpenAI and Anthropic is in"}, {"start": "00:04:47", "end": "00:04:53", "text": "the next year we will basically have"}, {"start": "00:04:50", "end": "00:04:55", "text": "about four years of model capability"}, {"start": "00:04:53", "end": "00:04:58", "text": "improvements. Now the reason that's"}, {"start": "00:04:55", "end": "00:05:00", "text": "important is so everyone realizes that"}, {"start": "00:04:58", "end": "00:05:03", "text": "four years is equating to going from"}, {"start": "00:05:00", "end": "00:05:05", "text": "Chat GPT's original launch to Astra and"}, {"start": "00:05:03", "end": "00:05:07", "text": "now we're talking about next year that's"}, {"start": "00:05:05", "end": "00:05:09", "text": "going to happen. So this is all about AI"}, {"start": "00:05:07", "end": "00:05:10", "text": "agents. This is all about consumer"}, {"start": "00:05:09", "end": "00:05:12", "text": "agents. This is all about enterprise"}, {"start": "00:05:10", "end": "00:05:15", "text": "adoption. This is all about profit"}, {"start": "00:05:12", "end": "00:05:16", "text": "margins and rates are just not going to"}, {"start": "00:05:15", "end": "00:05:18", "text": "be as important as they've been in the"}, {"start": "00:05:16", "end": "00:05:18", "text": "past. So that's my angle on rates at"}, {"start": "00:05:18", "end": "00:05:20", "text": "this point."}, {"start": "00:05:18", "end": "00:05:22", "text": ">> All right. So let's say that you are"}, {"start": "00:05:20", "end": "00:05:24", "text": "right, which I do I do believe that you"}, {"start": "00:05:22", "end": "00:05:25", "text": "are correct in that if rates go up 200"}, {"start": "00:05:24", "end": "00:05:28", "text": "basis points, you're not going to see a"}, {"start": "00:05:25", "end": "00:05:30", "text": "significant change in uh the profit"}, {"start": "00:05:28", "end": "00:05:33", "text": "margins of the large AI companies."}, {"start": "00:05:30", "end": "00:05:36", "text": "Great. The AI companies maybe employ"}, {"start": "00:05:33", "end": "00:05:38", "text": "tens of thousands of people. um maybe we"}, {"start": "00:05:36", "end": "00:05:39", "text": "get to 100,000 if you kind of expand the"}, {"start": "00:05:38", "end": "00:05:42", "text": "definition of the large uh language"}, {"start": "00:05:39", "end": "00:05:44", "text": "models. Uh there are 300 plus million"}, {"start": "00:05:42", "end": "00:05:47", "text": "Americans. Uh there's still the housing"}, {"start": "00:05:44", "end": "00:05:50", "text": "market. There's still, you know, uh"}, {"start": "00:05:47", "end": "00:05:52", "text": "business loans and R&D and you know"}, {"start": "00:05:50", "end": "00:05:54", "text": "growth of all these other economies etc."}, {"start": "00:05:52", "end": "00:05:57", "text": ">> Why do you think that the only thing"}, {"start": "00:05:54", "end": "00:06:00", "text": "that really matters is the AI companies"}, {"start": "00:05:57", "end": "00:06:01", "text": "as if rates go up then AI companies"}, {"start": "00:06:00", "end": "00:06:02", "text": "aren't affected and therefore the"}, {"start": "00:06:01", "end": "00:06:05", "text": "economy isn't you know kind of held"}, {"start": "00:06:02", "end": "00:06:06", "text": "back. So when I say the only thing that"}, {"start": "00:06:05", "end": "00:06:08", "text": "matters again I'm saying you're not"}, {"start": "00:06:06", "end": "00:06:11", "text": "going to take nominal GDP to go down far"}, {"start": "00:06:08", "end": "00:06:14", "text": "if rates go"}, {"start": "00:06:11", "end": "00:06:15", "text": "from 4 and 3/4 to 5 and a quarter. Now"}, {"start": "00:06:14", "end": "00:06:18", "text": "again the administration doesn't want"}, {"start": "00:06:15", "end": "00:06:20", "text": "that to happen. Do I think investors"}, {"start": "00:06:18", "end": "00:06:22", "text": "could freak out? Sure. And I think we've"}, {"start": "00:06:20", "end": "00:06:24", "text": "already seen that. I think we've seen"}, {"start": "00:06:22", "end": "00:06:25", "text": "the S&P 500 multiple come down this"}, {"start": "00:06:24", "end": "00:06:26", "text": "year."}, {"start": "00:06:25", "end": "00:06:28", "text": ">> So just to make sure that uh maybe let"}, {"start": "00:06:26", "end": "00:06:31", "text": "me repeat this back. What you're saying"}, {"start": "00:06:28", "end": "00:06:33", "text": "is if rates go up 150 200 basis points"}, {"start": "00:06:31", "end": "00:06:35", "text": "uh asset prices could fall. uh other"}, {"start": "00:06:33", "end": "00:06:38", "text": "parts of the economy could slow down or"}, {"start": "00:06:35", "end": "00:06:40", "text": "or feel pain. But the main driver of GDP"}, {"start": "00:06:38", "end": "00:06:42", "text": "growth right now is the AI companies and"}, {"start": "00:06:40", "end": "00:06:44", "text": "if the AI companies are insulated from"}, {"start": "00:06:42", "end": "00:06:46", "text": "the rate increase, then you're saying"}, {"start": "00:06:44", "end": "00:06:48", "text": "GDP basically is going to be untouched"}, {"start": "00:06:46", "end": "00:06:50", "text": "by increases in rates unlike how it has"}, {"start": "00:06:48", "end": "00:06:53", "text": "been in the past."}, {"start": "00:06:50", "end": "00:06:56", "text": ">> Yeah. And and let me rephrase this in a"}, {"start": "00:06:53", "end": "00:06:58", "text": "better way. It always matters how fast"}, {"start": "00:06:56", "end": "00:07:02", "text": "rates go higher. So, if rates went from"}, {"start": "00:06:58", "end": "00:07:04", "text": "5% to 7% today, because that happened"}, {"start": "00:07:02", "end": "00:07:06", "text": "overnight, you'd have a ton of small"}, {"start": "00:07:04", "end": "00:07:08", "text": "businesses and things go out of business"}, {"start": "00:07:06", "end": "00:07:11", "text": "immediately and then you'd have job"}, {"start": "00:07:08", "end": "00:07:14", "text": "losses come in. If it happened slowly"}, {"start": "00:07:11", "end": "00:07:15", "text": "over time, no, it to me it's not going"}, {"start": "00:07:14", "end": "00:07:17", "text": "to have an impact. So, let's go back to"}, {"start": "00:07:15", "end": "00:07:20", "text": "what happened in 2022. I mean, they were"}, {"start": "00:07:17", "end": "00:07:21", "text": "aggressively raising rates. Everyone"}, {"start": "00:07:20", "end": "00:07:23", "text": "thought there'd be a recession. We've"}, {"start": "00:07:21", "end": "00:07:25", "text": "already gone through this once. It"}, {"start": "00:07:23", "end": "00:07:28", "text": "didn't do anything. meaning it didn't"}, {"start": "00:07:25", "end": "00:07:30", "text": "put us into a recession, but it was a"}, {"start": "00:07:28", "end": "00:07:32", "text": "given to everyone who was using history."}, {"start": "00:07:30", "end": "00:07:34", "text": "So, for some reason, people have forgot"}, {"start": "00:07:32", "end": "00:07:37", "text": "this. I'm going to use the Nikkei as an"}, {"start": "00:07:34", "end": "00:07:40", "text": "example because I when I posted this"}, {"start": "00:07:37", "end": "00:07:43", "text": "week, I'm like, the Niki has gone up 70%"}, {"start": "00:07:40", "end": "00:07:46", "text": "since May of last year. May of last year"}, {"start": "00:07:43", "end": "00:07:49", "text": "is when all of these places on X were"}, {"start": "00:07:46", "end": "00:07:51", "text": "highlighting that 30-year yields in"}, {"start": "00:07:49", "end": "00:07:53", "text": "Japan were making all-time highs. We've"}, {"start": "00:07:51", "end": "00:07:57", "text": "only gone higher in yield since then."}, {"start": "00:07:53", "end": "00:08:00", "text": "And yet the Nikai is up 70%. So we've"}, {"start": "00:07:57", "end": "00:08:02", "text": "had a K-shaped economy for a while. If"}, {"start": "00:08:00", "end": "00:08:04", "text": "rates went up, the K-shape would not get"}, {"start": "00:08:02", "end": "00:08:06", "text": "better. Just because Anthropic and Open"}, {"start": "00:08:04", "end": "00:08:08", "text": "AI still have demand from enterprises,"}, {"start": "00:08:06", "end": "00:08:10", "text": "it doesn't mean we wouldn't lose tons of"}, {"start": "00:08:08", "end": "00:08:12", "text": "small businesses. So here is my belief"}, {"start": "00:08:10", "end": "00:08:13", "text": "as to what's going to happen. The reason"}, {"start": "00:08:12", "end": "00:08:15", "text": "rates go higher is because they cleanse"}, {"start": "00:08:13", "end": "00:08:17", "text": "the system and a recession is needed. So"}, {"start": "00:08:15", "end": "00:08:19", "text": "what Dra Miller said, if you're going to"}, {"start": "00:08:17", "end": "00:08:22", "text": "manipulate rates lower, you're not only"}, {"start": "00:08:19", "end": "00:08:24", "text": "allowing the economy to run hotter,"}, {"start": "00:08:22", "end": "00:08:25", "text": "you're allowing a lot of businesses that"}, {"start": "00:08:24", "end": "00:08:28", "text": "are kind of zombie businesses to hang"}, {"start": "00:08:25", "end": "00:08:31", "text": "on, look to borrow more money again and"}, {"start": "00:08:28", "end": "00:08:33", "text": "be like, I okay, I was I was netting"}, {"start": "00:08:31", "end": "00:08:35", "text": "$30,000 this year and if rates at this"}, {"start": "00:08:33", "end": "00:08:38", "text": "level and I have to refinance, I'll net"}, {"start": "00:08:35", "end": "00:08:40", "text": "15. So there is a a rationale that if"}, {"start": "00:08:38", "end": "00:08:42", "text": "you let rates go higher or if the Fed"}, {"start": "00:08:40", "end": "00:08:44", "text": "raises rates, they'll speed up the"}, {"start": "00:08:42", "end": "00:08:46", "text": "process. I'm not saying what they should"}, {"start": "00:08:44", "end": "00:08:48", "text": "do and this is what I talked about last"}, {"start": "00:08:46", "end": "00:08:50", "text": "week. This whole thing of normative"}, {"start": "00:08:48", "end": "00:08:53", "text": "investing or normative statements what"}, {"start": "00:08:50", "end": "00:08:55", "text": "they should do. Besson has made it clear"}, {"start": "00:08:53", "end": "00:08:57", "text": "with the yen intervention with the"}, {"start": "00:08:55", "end": "00:08:59", "text": "quarterly refunding announcement and the"}, {"start": "00:08:57", "end": "00:09:00", "text": "language change with the buyback"}, {"start": "00:08:59", "end": "00:09:03", "text": "announce with the fact that he could use"}, {"start": "00:09:00", "end": "00:09:04", "text": "the TGA with doubling the buybacks and"}, {"start": "00:09:03", "end": "00:09:06", "text": "now we've got the yen rally again this"}, {"start": "00:09:04", "end": "00:09:09", "text": "week. I'm just saying that what the"}, {"start": "00:09:06", "end": "00:09:10", "text": "administration is saying to everyone for"}, {"start": "00:09:09", "end": "00:09:12", "text": "whatever reason they're not going to"}, {"start": "00:09:10", "end": "00:09:14", "text": "come out and announce it. They don't"}, {"start": "00:09:12", "end": "00:09:16", "text": "want rates to go higher. So, do I think"}, {"start": "00:09:14", "end": "00:09:18", "text": "Kevin Walsh could raise rates? Of course"}, {"start": "00:09:16", "end": "00:09:20", "text": "he could. It's now more than 50% chance"}, {"start": "00:09:18", "end": "00:09:22", "text": "after the payroll number today. Do I"}, {"start": "00:09:20", "end": "00:09:24", "text": "think people should be freaking out when"}, {"start": "00:09:22", "end": "00:09:26", "text": "earnings are growing 30%. I think the"}, {"start": "00:09:24", "end": "00:09:28", "text": "mistake people are going to make and"}, {"start": "00:09:26", "end": "00:09:32", "text": "what I looked at this week in the last"}, {"start": "00:09:28", "end": "00:09:34", "text": "10 days, we had shockingly good numbers"}, {"start": "00:09:32", "end": "00:09:36", "text": "from Nvidia. And when I say shockingly,"}, {"start": "00:09:34", "end": "00:09:38", "text": "I really want people to focus that a"}, {"start": "00:09:36", "end": "00:09:41", "text": "company, one of the biggest or the"}, {"start": "00:09:38", "end": "00:09:43", "text": "biggest in the world, said to the"}, {"start": "00:09:41", "end": "00:09:48", "text": "street, \"Yeah, your revenue estimates of"}, {"start": "00:09:43", "end": "00:09:50", "text": "44% for next year, they're way too low."}, {"start": "00:09:48", "end": "00:09:54", "text": "We're going to say it's 70.\" When really"}, {"start": "00:09:50", "end": "00:09:55", "text": "that means it's 100"}, {"start": "00:09:54", "end": "00:09:58", "text": "to have that kind of revenue increase"}, {"start": "00:09:55", "end": "00:10:01", "text": "next year. And for the stock to trade"}, {"start": "00:09:58", "end": "00:10:02", "text": "lower 2 days later, well, now it's gone"}, {"start": "00:10:01", "end": "00:10:04", "text": "back up towards the highs. and what"}, {"start": "00:10:02", "end": "00:10:07", "text": "happened this week. Dell came out with"}, {"start": "00:10:04", "end": "00:10:09", "text": "again shocking pre-announcement of what"}, {"start": "00:10:07", "end": "00:10:11", "text": "going on. People can disagree with"}, {"start": "00:10:09", "end": "00:10:12", "text": "what's happening, but on the one side,"}, {"start": "00:10:11", "end": "00:10:14", "text": "you have a government that doesn't want"}, {"start": "00:10:12", "end": "00:10:17", "text": "rates to go higher because they believe"}, {"start": "00:10:14", "end": "00:10:19", "text": "that the current situation in growth and"}, {"start": "00:10:17", "end": "00:10:21", "text": "inflation will look very different a"}, {"start": "00:10:19", "end": "00:10:23", "text": "year from now. And I don't think anyone"}, {"start": "00:10:21", "end": "00:10:25", "text": "can argue with that possibility with AI"}, {"start": "00:10:23", "end": "00:10:27", "text": "going this fast. At the same time, the"}, {"start": "00:10:25", "end": "00:10:29", "text": "facts are that the stock markets are"}, {"start": "00:10:27", "end": "00:10:30", "text": "sitting near all-time highs and these"}, {"start": "00:10:29", "end": "00:10:32", "text": "companies are printing money even with"}, {"start": "00:10:30", "end": "00:10:35", "text": "rates going higher and nobody's stopping"}, {"start": "00:10:32", "end": "00:10:37", "text": "their spending. So, I just I I at times"}, {"start": "00:10:35", "end": "00:10:40", "text": "I think people get caught too much in"}, {"start": "00:10:37", "end": "00:10:42", "text": "this game of the past and what rates are"}, {"start": "00:10:40", "end": "00:10:43", "text": "doing and they're not focusing enough on"}, {"start": "00:10:42", "end": "00:10:46", "text": "the reality of earnings are growing"}, {"start": "00:10:43", "end": "00:10:49", "text": "rapidly. I'm an investor. Do I want to"}, {"start": "00:10:46", "end": "00:10:51", "text": "sit this one out and hope that I'm not"}, {"start": "00:10:49", "end": "00:10:52", "text": "missing something? A 25 basis point"}, {"start": "00:10:51", "end": "00:10:53", "text": "increase by the Fed is not going to"}, {"start": "00:10:52", "end": "00:10:54", "text": "change any of the things that I just"}, {"start": "00:10:53", "end": "00:10:57", "text": "talked about."}, {"start": "00:10:54", "end": "00:10:59", "text": ">> Now what could change like h how could"}, {"start": "00:10:57", "end": "00:11:01", "text": "it negatively affect is it demand goes"}, {"start": "00:10:59", "end": "00:11:03", "text": "away? Is it that there we run into the"}, {"start": "00:11:01", "end": "00:11:05", "text": "limitation of the physical just economy"}, {"start": "00:11:03", "end": "00:11:07", "text": "of building out you know data centers"}, {"start": "00:11:05", "end": "00:11:09", "text": "and and compute? What is are the things"}, {"start": "00:11:07", "end": "00:11:11", "text": "that could derail you know maybe the uh"}, {"start": "00:11:09", "end": "00:11:12", "text": "the economic golden age that we're"}, {"start": "00:11:11", "end": "00:11:13", "text": "headed towards?"}, {"start": "00:11:12", "end": "00:11:15", "text": ">> There's plenty of things that could"}, {"start": "00:11:13", "end": "00:11:18", "text": "derail it. You could get oil prices to"}, {"start": "00:11:15", "end": "00:11:21", "text": "go up significantly. You could have uh"}, {"start": "00:11:18", "end": "00:11:24", "text": "and and I'm sure we will"}, {"start": "00:11:21", "end": "00:11:27", "text": "have uh cyber attacks that have an"}, {"start": "00:11:24", "end": "00:11:30", "text": "impact and freak people out. I've said"}, {"start": "00:11:27", "end": "00:11:32", "text": "this before, I'll say it again. I'm not"}, {"start": "00:11:30", "end": "00:11:35", "text": "some person who's bullish on the stock"}, {"start": "00:11:32", "end": "00:11:37", "text": "market in a way that I think earnings"}, {"start": "00:11:35", "end": "00:11:38", "text": "are going to keep growing, but I think"}, {"start": "00:11:37", "end": "00:11:39", "text": "the multiples are going to keep"}, {"start": "00:11:38", "end": "00:11:41", "text": "compressing because I think terminal"}, {"start": "00:11:39", "end": "00:11:43", "text": "value is being questioned outside of 3"}, {"start": "00:11:41", "end": "00:11:45", "text": "years. I think cyber worsens that"}, {"start": "00:11:43", "end": "00:11:47", "text": "situation. I don't think oil and I don't"}, {"start": "00:11:45", "end": "00:11:49", "text": "think these short-term things are going"}, {"start": "00:11:47", "end": "00:11:50", "text": "to derail what we're talking about. I"}, {"start": "00:11:49", "end": "00:11:53", "text": "think you would have to have a"}, {"start": "00:11:50", "end": "00:11:56", "text": "significant change. Investor psychology"}, {"start": "00:11:53", "end": "00:11:58", "text": "is very much impacted by the things that"}, {"start": "00:11:56", "end": "00:12:00", "text": "we talked about. So Nvidia is an example"}, {"start": "00:11:58", "end": "00:12:03", "text": "of a company that has just printed"}, {"start": "00:12:00", "end": "00:12:05", "text": "money. But as I said at some point last"}, {"start": "00:12:03", "end": "00:12:08", "text": "week, I think it got down to like 215,"}, {"start": "00:12:05", "end": "00:12:10", "text": "which is the same level that the high"}, {"start": "00:12:08", "end": "00:12:12", "text": "was in October of last year despite"}, {"start": "00:12:10", "end": "00:12:14", "text": "massive numbers. So that is a situation"}, {"start": "00:12:12", "end": "00:12:17", "text": "where you don't get rewarded. When I've"}, {"start": "00:12:14", "end": "00:12:19", "text": "talked to traders,"}, {"start": "00:12:17", "end": "00:12:22", "text": "I have said repeatedly that I think July"}, {"start": "00:12:19", "end": "00:12:24", "text": "of this year was a warning to everyone"}, {"start": "00:12:22", "end": "00:12:27", "text": "who's a fundamental investor"}, {"start": "00:12:24", "end": "00:12:29", "text": "historically. If you thought, okay, I"}, {"start": "00:12:27", "end": "00:12:31", "text": "think Nvidia is going to not only beat"}, {"start": "00:12:29", "end": "00:12:32", "text": "numbers, I think they're going to crush"}, {"start": "00:12:31", "end": "00:12:34", "text": "numbers, and I think they're going to"}, {"start": "00:12:32", "end": "00:12:36", "text": "say next year, forget the current"}, {"start": "00:12:34", "end": "00:12:38", "text": "numbers, but next year they're going to"}, {"start": "00:12:36", "end": "00:12:40", "text": "guide way up. You would get paid for"}, {"start": "00:12:38", "end": "00:12:42", "text": "that. You're not getting paid for that"}, {"start": "00:12:40", "end": "00:12:44", "text": "stuff anymore. When does Nvidia"}, {"start": "00:12:42", "end": "00:12:47", "text": "outperform? Maybe it will now. Maybe"}, {"start": "00:12:44", "end": "00:12:48", "text": "it'll happen in a month, but it doesn't"}, {"start": "00:12:47", "end": "00:12:50", "text": "happen the way that you thought. And I"}, {"start": "00:12:48", "end": "00:12:53", "text": "think that is the market structure"}, {"start": "00:12:50", "end": "00:12:56", "text": "changing where AI agents who care more"}, {"start": "00:12:53", "end": "00:12:58", "text": "about making money and not about being"}, {"start": "00:12:56", "end": "00:12:59", "text": "right or not about being rewarded, but"}, {"start": "00:12:58", "end": "00:13:01", "text": "also have more information than humans"}, {"start": "00:12:59", "end": "00:13:02", "text": "have because they're able to scrape"}, {"start": "00:13:01", "end": "00:13:04", "text": "things more. I just think the market"}, {"start": "00:13:02", "end": "00:13:06", "text": "structure is changing. So the place that"}, {"start": "00:13:04", "end": "00:13:08", "text": "I want to focus on is the places where"}, {"start": "00:13:06", "end": "00:13:11", "text": "people are not invested right now. The"}, {"start": "00:13:08", "end": "00:13:13", "text": "stock market is overown. It's it's"}, {"start": "00:13:11", "end": "00:13:16", "text": "massive in terms of how much people own"}, {"start": "00:13:13", "end": "00:13:18", "text": "it. If it goes up at 7% a year while"}, {"start": "00:13:16", "end": "00:13:20", "text": "earnings grow at 20%. Which is kind of"}, {"start": "00:13:18", "end": "00:13:23", "text": "the way I think the multiple compression"}, {"start": "00:13:20", "end": "00:13:24", "text": "happens and there's more periodic 20%"}, {"start": "00:13:23", "end": "00:13:25", "text": "draw downs because of things we're"}, {"start": "00:13:24", "end": "00:13:27", "text": "talking about. A cyber attack on a bank."}, {"start": "00:13:25", "end": "00:13:29", "text": "Oh my god, everybody's at risk. Just"}, {"start": "00:13:27", "end": "00:13:32", "text": "like we saw with software in the first"}, {"start": "00:13:29", "end": "00:13:34", "text": "quarter. I want to look to places like"}, {"start": "00:13:32", "end": "00:13:37", "text": "crypto that are based on scarcity so"}, {"start": "00:13:34", "end": "00:13:40", "text": "it's not an endless supply where people"}, {"start": "00:13:37", "end": "00:13:42", "text": "don't embrace it but AI agents do. So I"}, {"start": "00:13:40", "end": "00:13:43", "text": "want to be long things that agents"}, {"start": "00:13:42", "end": "00:13:46", "text": "embrace but humans don't."}, {"start": "00:13:43", "end": "00:13:48", "text": ">> Mhm. Now um I have a crazy stat for you."}, {"start": "00:13:46", "end": "00:13:51", "text": "I like to bring one stat per year."}, {"start": "00:13:48", "end": "00:13:55", "text": "Bitcoin gold land up about 170% over the"}, {"start": "00:13:51", "end": "00:13:56", "text": "last 5 years. S&P up about 70%."}, {"start": "00:13:55", "end": "00:13:59", "text": "I think that if you were to go ask"}, {"start": "00:13:56", "end": "00:14:02", "text": "people, the hard asset category is not"}, {"start": "00:13:59", "end": "00:14:03", "text": "nearly as sexy as the stock market has"}, {"start": "00:14:02", "end": "00:14:06", "text": "been being driven especially by these AI"}, {"start": "00:14:03", "end": "00:14:08", "text": "companies, these large caps, etc."}, {"start": "00:14:06", "end": "00:14:11", "text": "The fact that these harder assets like"}, {"start": "00:14:08", "end": "00:14:13", "text": "Bitcoin, gold, land, etc. have done so"}, {"start": "00:14:11", "end": "00:14:15", "text": "well tells me that ultimately this is"}, {"start": "00:14:13", "end": "00:14:18", "text": "just about money printing. And if we go"}, {"start": "00:14:15", "end": "00:14:20", "text": "and we look at the national debt at 40"}, {"start": "00:14:18", "end": "00:14:22", "text": "trillion over a trillion dollar annual"}, {"start": "00:14:20", "end": "00:14:24", "text": "expense and increasing more promises"}, {"start": "00:14:22", "end": "00:14:26", "text": "being made every single day both in"}, {"start": "00:14:24", "end": "00:14:27", "text": "terms of volume of existing promises but"}, {"start": "00:14:26", "end": "00:14:29", "text": "also just new things we invent to give"}, {"start": "00:14:27", "end": "00:14:32", "text": "out. It doesn't seem like the money"}, {"start": "00:14:29", "end": "00:14:35", "text": "printing is going to stop anytime soon."}, {"start": "00:14:32", "end": "00:14:37", "text": "So we know that Bitcoin, gold, land and"}, {"start": "00:14:35", "end": "00:14:39", "text": "you know real estate other things that"}, {"start": "00:14:37", "end": "00:14:40", "text": "are uh kind of beneficiaries of the"}, {"start": "00:14:39", "end": "00:14:43", "text": "money printing will continue just to do"}, {"start": "00:14:40", "end": "00:14:46", "text": "well. Does the stock market benefit from"}, {"start": "00:14:43", "end": "00:14:49", "text": "the money printing or is there some sort"}, {"start": "00:14:46", "end": "00:14:50", "text": "of distortion of return? Because if most"}, {"start": "00:14:49", "end": "00:14:52", "text": "of the stock market return is just the"}, {"start": "00:14:50", "end": "00:14:54", "text": "money printing, do you actually like not"}, {"start": "00:14:52", "end": "00:14:56", "text": "outperform inflation or like real"}, {"start": "00:14:54", "end": "00:14:59", "text": "returns become a concern?"}, {"start": "00:14:56", "end": "00:15:02", "text": ">> I so I'm not a what I have a very"}, {"start": "00:14:59", "end": "00:15:06", "text": "different take on this that I've I've"}, {"start": "00:15:02", "end": "00:15:08", "text": "never heard anyone else say. Perfect. So"}, {"start": "00:15:06", "end": "00:15:11", "text": "the fractional reserve banking system is"}, {"start": "00:15:08", "end": "00:15:14", "text": "about putting $1 into a bank and it"}, {"start": "00:15:11", "end": "00:15:15", "text": "turning into $10."}, {"start": "00:15:14", "end": "00:15:16", "text": "Uh that is leverage."}, {"start": "00:15:15", "end": "00:15:18", "text": ">> Seems weird."}, {"start": "00:15:16", "end": "00:15:20", "text": ">> Yeah. So you can call it a Ponzi scheme,"}, {"start": "00:15:18", "end": "00:15:22", "text": "you can call whatever. The money"}, {"start": "00:15:20", "end": "00:15:24", "text": "printing could continue, but let's"}, {"start": "00:15:22", "end": "00:15:26", "text": "assume that that's exactly the equation."}, {"start": "00:15:24", "end": "00:15:30", "text": "And right now around the globe, I think"}, {"start": "00:15:26", "end": "00:15:31", "text": "the total sum of all the money,"}, {"start": "00:15:30", "end": "00:15:33", "text": "not the value of the assets, but the"}, {"start": "00:15:31", "end": "00:15:36", "text": "money"}, {"start": "00:15:33", "end": "00:15:38", "text": "is let's say a hundred trillion"}, {"start": "00:15:36", "end": "00:15:40", "text": "but the value of the assets is 700"}, {"start": "00:15:38", "end": "00:15:42", "text": "trillion. So let's assume it's a 7:1"}, {"start": "00:15:40", "end": "00:15:44", "text": "ratio."}, {"start": "00:15:42", "end": "00:15:47", "text": "What I believe will happen is the money"}, {"start": "00:15:44", "end": "00:15:49", "text": "supply will keep growing but the asset"}, {"start": "00:15:47", "end": "00:15:51", "text": "values won't be growing up as much as"}, {"start": "00:15:49", "end": "00:15:54", "text": "the money supply. Now people will say"}, {"start": "00:15:51", "end": "00:15:58", "text": "well the S&P and this and that. Okay so"}, {"start": "00:15:54", "end": "00:16:00", "text": "stocks can outperform but stocks are I"}, {"start": "00:15:58", "end": "00:16:02", "text": "mean bonds are a bigger portion or about"}, {"start": "00:16:00", "end": "00:16:04", "text": "the same as stocks. Bonds aren't doing"}, {"start": "00:16:02", "end": "00:16:05", "text": "well. I mean, they're down again this"}, {"start": "00:16:04", "end": "00:16:08", "text": "year. And if you look at them since"}, {"start": "00:16:05", "end": "00:16:10", "text": "2021, they're down in aggregate. If you"}, {"start": "00:16:08", "end": "00:16:12", "text": "go through housing, okay, we had the run"}, {"start": "00:16:10", "end": "00:16:13", "text": "up in COVID, but real estate around the"}, {"start": "00:16:12", "end": "00:16:15", "text": "planet, commercial real estate, all"}, {"start": "00:16:13", "end": "00:16:16", "text": "that, if you aggregate all of it, you're"}, {"start": "00:16:15", "end": "00:16:18", "text": "not getting the return. You're not"}, {"start": "00:16:16", "end": "00:16:20", "text": "getting the price appreciation of that."}, {"start": "00:16:18", "end": "00:16:21", "text": "And we're going into a world of AI"}, {"start": "00:16:20", "end": "00:16:23", "text": "agents where we don't need as many"}, {"start": "00:16:21", "end": "00:16:26", "text": "people in the office. So if I go through"}, {"start": "00:16:23", "end": "00:16:27", "text": "the world of assets,"}, {"start": "00:16:26", "end": "00:16:29", "text": "I believe what's going to happen is the"}, {"start": "00:16:27", "end": "00:16:31", "text": "money printing will continue, but when"}, {"start": "00:16:29", "end": "00:16:34", "text": "you look back gradually the leverage"}, {"start": "00:16:31", "end": "00:16:36", "text": "will be coming down because we don't"}, {"start": "00:16:34", "end": "00:16:38", "text": "need all the money if we're going into a"}, {"start": "00:16:36", "end": "00:16:41", "text": "world of abundance. So people can"}, {"start": "00:16:38", "end": "00:16:43", "text": "question what Elon Musk says or what I"}, {"start": "00:16:41", "end": "00:16:45", "text": "believe he's right about, which is that"}, {"start": "00:16:43", "end": "00:16:47", "text": "the deflationary pressures from AI are"}, {"start": "00:16:45", "end": "00:16:49", "text": "far more extreme than people realize and"}, {"start": "00:16:47", "end": "00:16:51", "text": "they won't feel it until humanoids come"}, {"start": "00:16:49", "end": "00:16:53", "text": "in. But then when you get into what's"}, {"start": "00:16:51", "end": "00:16:55", "text": "the value of a house, well part of the"}, {"start": "00:16:53", "end": "00:16:58", "text": "value of any house is the ability to buy"}, {"start": "00:16:55", "end": "00:17:00", "text": "a sim build a similar house next to it."}, {"start": "00:16:58", "end": "00:17:02", "text": "If humanoids can build a house and the"}, {"start": "00:17:00", "end": "00:17:05", "text": "materials have fallen in value because"}, {"start": "00:17:02", "end": "00:17:07", "text": "we've figured out ways to solve for all"}, {"start": "00:17:05", "end": "00:17:09", "text": "kinds of things, how is the value of the"}, {"start": "00:17:07", "end": "00:17:10", "text": "house going up? So I think what's going"}, {"start": "00:17:09", "end": "00:17:13", "text": "to happen over time is we have to"}, {"start": "00:17:10", "end": "00:17:15", "text": "separate the money printing happening at"}, {"start": "00:17:13", "end": "00:17:17", "text": "the government level which was done to"}, {"start": "00:17:15", "end": "00:17:19", "text": "keep the assets afloat because if the"}, {"start": "00:17:17", "end": "00:17:21", "text": "assets went down we ended up in the"}, {"start": "00:17:19", "end": "00:17:23", "text": "great depression. So this whole"}, {"start": "00:17:21", "end": "00:17:26", "text": "leveraging of the system the fractional"}, {"start": "00:17:23", "end": "00:17:29", "text": "reserve banking system was to not repeat"}, {"start": "00:17:26", "end": "00:17:31", "text": "what my grandmother went through not"}, {"start": "00:17:29", "end": "00:17:33", "text": "being able to get food not being able to"}, {"start": "00:17:31", "end": "00:17:35", "text": "get a job having to leave her home at 16"}, {"start": "00:17:33", "end": "00:17:37", "text": "years old. So I do believe that the"}, {"start": "00:17:35", "end": "00:17:38", "text": "deleveraging is going to happen and"}, {"start": "00:17:37", "end": "00:17:40", "text": "that's the irony. Everyone believes that"}, {"start": "00:17:38", "end": "00:17:42", "text": "the deleveraging has to happen by assets"}, {"start": "00:17:40", "end": "00:17:43", "text": "collapsing back to the money supply. I"}, {"start": "00:17:42", "end": "00:17:46", "text": "actually believe what happens is the"}, {"start": "00:17:43", "end": "00:17:48", "text": "money supply continues to grow but the"}, {"start": "00:17:46", "end": "00:17:50", "text": "assets don't grow as fast or they"}, {"start": "00:17:48", "end": "00:17:52", "text": "actually come down in a slower manner"}, {"start": "00:17:50", "end": "00:17:53", "text": "and the money is eventually transferred."}, {"start": "00:17:52", "end": "00:17:55", "text": "And this is where the crypto side comes"}, {"start": "00:17:53", "end": "00:17:57", "text": "in which is the one thing I know about"}, {"start": "00:17:55", "end": "00:17:59", "text": "all people and I've said this at dinners"}, {"start": "00:17:57", "end": "00:18:01", "text": "that I've been out recently."}, {"start": "00:17:59", "end": "00:18:03", "text": "All people want to invest in things that"}, {"start": "00:18:01", "end": "00:18:05", "text": "grow. And if the S&P 500 isn't going"}, {"start": "00:18:03", "end": "00:18:06", "text": "higher, but it's not falling, but the"}, {"start": "00:18:05", "end": "00:18:08", "text": "reason it's not going higher is because"}, {"start": "00:18:06", "end": "00:18:09", "text": "we're just recycling winners and losers"}, {"start": "00:18:08", "end": "00:18:12", "text": "out of it, but it's just not going"}, {"start": "00:18:09", "end": "00:18:13", "text": "anywhere. If you can't invest in growth,"}, {"start": "00:18:12", "end": "00:18:15", "text": "cuz everyone wants to invest in"}, {"start": "00:18:13", "end": "00:18:17", "text": "something that's growing. And the game"}, {"start": "00:18:15", "end": "00:18:19", "text": "becomes just storing your money and"}, {"start": "00:18:17", "end": "00:18:20", "text": "making sure you don't lose it because"}, {"start": "00:18:19", "end": "00:18:22", "text": "we're having deleveraging at a"}, {"start": "00:18:20", "end": "00:18:24", "text": "deflationary rate, which is what I"}, {"start": "00:18:22", "end": "00:18:25", "text": "believe will start in 3 5 years when"}, {"start": "00:18:24", "end": "00:18:27", "text": "humanoids actually become something"}, {"start": "00:18:25", "end": "00:18:29", "text": "real. We're already seeing that. You and"}, {"start": "00:18:27", "end": "00:18:31", "text": "I both know it. the whole cyberc cab"}, {"start": "00:18:29", "end": "00:18:33", "text": "thing that's rolling out in Austin more"}, {"start": "00:18:31", "end": "00:18:34", "text": "what he's now publicly saying okay who"}, {"start": "00:18:33", "end": "00:18:36", "text": "wants to buy some of these we're putting"}, {"start": "00:18:34", "end": "00:18:37", "text": "out a form where you guys are going to"}, {"start": "00:18:36", "end": "00:18:39", "text": "be able to buy fleets of these I've seen"}, {"start": "00:18:37", "end": "00:18:42", "text": "this repeatedly of people showing me"}, {"start": "00:18:39", "end": "00:18:43", "text": "business plans the deflationary"}, {"start": "00:18:42", "end": "00:18:46", "text": "pressures of the ability of people who"}, {"start": "00:18:43", "end": "00:18:48", "text": "are using AI is growing rapidly where"}, {"start": "00:18:46", "end": "00:18:50", "text": "they can drive costs lower I think that"}, {"start": "00:18:48", "end": "00:18:52", "text": "it means money supply continues to"}, {"start": "00:18:50", "end": "00:18:54", "text": "increase for the time being but I think"}, {"start": "00:18:52", "end": "00:18:54", "text": "the assets don't go up the way they used"}, {"start": "00:18:54", "end": "00:18:58", "text": "to"}, {"start": "00:18:54", "end": "00:19:00", "text": ">> will you buy a Tesla Cyber Cab fleet"}, {"start": "00:18:58", "end": "00:19:01", "text": "It's too much work for me."}, {"start": "00:19:00", "end": "00:19:03", "text": ">> Too much work. It does it does all the"}, {"start": "00:19:01", "end": "00:19:05", "text": "driving for you. What do you got to do?"}, {"start": "00:19:03", "end": "00:19:08", "text": ">> I'll wait until it's as simple as that."}, {"start": "00:19:05", "end": "00:19:09", "text": "See, the people that get in early, you"}, {"start": "00:19:08", "end": "00:19:09", "text": "know, there's going to be headaches for"}, {"start": "00:19:09", "end": "00:19:13", "text": "this."}, {"start": "00:19:09", "end": "00:19:16", "text": ">> Like what? Uh, okay. Liability issues"}, {"start": "00:19:13", "end": "00:19:18", "text": "all there. No matter what happens. So"}, {"start": "00:19:16", "end": "00:19:20", "text": "when I and I don't know if you've you've"}, {"start": "00:19:18", "end": "00:19:22", "text": "come into this. So I have a lot of"}, {"start": "00:19:20", "end": "00:19:24", "text": "investment opportunities that come my"}, {"start": "00:19:22", "end": "00:19:26", "text": "way and"}, {"start": "00:19:24", "end": "00:19:28", "text": "it's shocking"}, {"start": "00:19:26", "end": "00:19:31", "text": "the returns that you're talking about on"}, {"start": "00:19:28", "end": "00:19:32", "text": "stuff that seems so simple. Okay. And"}, {"start": "00:19:31", "end": "00:19:34", "text": "what I mean by simple these are"}, {"start": "00:19:32", "end": "00:19:35", "text": "arbitragees based on they're all on"}, {"start": "00:19:34", "end": "00:19:37", "text": "artificial intelligence. It's people"}, {"start": "00:19:35", "end": "00:19:39", "text": "that have incorporated into something."}, {"start": "00:19:37", "end": "00:19:41", "text": "Now when I used to go visit pension"}, {"start": "00:19:39", "end": "00:19:42", "text": "funds one of the stories that I was"}, {"start": "00:19:41", "end": "00:19:44", "text": "hearing them say pension funds are"}, {"start": "00:19:42", "end": "00:19:46", "text": "massive institutions. they have a"}, {"start": "00:19:44", "end": "00:19:47", "text": "certain yield they need to meet. So"}, {"start": "00:19:46", "end": "00:19:49", "text": "they've always said that if they could"}, {"start": "00:19:47", "end": "00:19:51", "text": "find people getting involved in like"}, {"start": "00:19:49", "end": "00:19:54", "text": "these"}, {"start": "00:19:51", "end": "00:19:56", "text": "little businesses that churn off 20%"}, {"start": "00:19:54", "end": "00:19:57", "text": "with low risk, they would love to go"}, {"start": "00:19:56", "end": "00:19:59", "text": "through them. And people may laugh, but"}, {"start": "00:19:57", "end": "00:20:01", "text": "there are businesses out just can't"}, {"start": "00:19:59", "end": "00:20:03", "text": "scale. So maybe it only has a"}, {"start": "00:20:01", "end": "00:20:04", "text": "marketplace of a billion dollars and"}, {"start": "00:20:03", "end": "00:20:06", "text": "seven people are doing it and they've"}, {"start": "00:20:04", "end": "00:20:08", "text": "each raised $100 million and they're"}, {"start": "00:20:06", "end": "00:20:11", "text": "putting off 18% a year. Trust me, that's"}, {"start": "00:20:08", "end": "00:20:13", "text": "not that big of a deal for the hedge"}, {"start": "00:20:11", "end": "00:20:16", "text": "fund world. Like these places exist. The"}, {"start": "00:20:13", "end": "00:20:19", "text": "problem they have is if you could find"}, {"start": "00:20:16", "end": "00:20:21", "text": "12,000 of those funds doing that, then"}, {"start": "00:20:19", "end": "00:20:22", "text": "you aggregate up to a bigger number. I"}, {"start": "00:20:21", "end": "00:20:24", "text": "think that's what the cyber fleet stuff"}, {"start": "00:20:22", "end": "00:20:25", "text": "is going to be like. Like the people"}, {"start": "00:20:24", "end": "00:20:27", "text": "that get in it first, they're going to"}, {"start": "00:20:25", "end": "00:20:29", "text": "be getting good returns because they're"}, {"start": "00:20:27", "end": "00:20:31", "text": "getting some risk involved in it. I"}, {"start": "00:20:29", "end": "00:20:32", "text": "think tokenization is going to make this"}, {"start": "00:20:31", "end": "00:20:34", "text": "something that everyone can invest in."}, {"start": "00:20:32", "end": "00:20:36", "text": "It's going to make it's going to"}, {"start": "00:20:34", "end": "00:20:38", "text": "democratize everyone being able to find"}, {"start": "00:20:36", "end": "00:20:40", "text": "something. This is where AI agents will"}, {"start": "00:20:38", "end": "00:20:42", "text": "drive money towards investments that"}, {"start": "00:20:40", "end": "00:20:45", "text": "have the best riskreward because at the"}, {"start": "00:20:42", "end": "00:20:47", "text": "end of the day a multistrat a millennium"}, {"start": "00:20:45", "end": "00:20:50", "text": "if they have a thousand strategies and"}, {"start": "00:20:47", "end": "00:20:53", "text": "they're producing a sharp ratio of 3:1."}, {"start": "00:20:50", "end": "00:20:56", "text": "So somebody that can make six well now"}, {"start": "00:20:53", "end": "00:20:59", "text": "at this with rates here let's say 10% on"}, {"start": "00:20:56", "end": "00:21:02", "text": "a very low V and then they can take a"}, {"start": "00:20:59", "end": "00:21:03", "text": "thousand of these strategies and they"}, {"start": "00:21:02", "end": "00:21:05", "text": "put them all together in one basket and"}, {"start": "00:21:03", "end": "00:21:08", "text": "they're all uncorrelated with each"}, {"start": "00:21:05", "end": "00:21:11", "text": "other. Well, then your return stays the"}, {"start": "00:21:08", "end": "00:21:12", "text": "same. Your V drops off even further and"}, {"start": "00:21:11", "end": "00:21:13", "text": "you end up with a return. I think that's"}, {"start": "00:21:12", "end": "00:21:16", "text": "what tokenization is going to bring. So"}, {"start": "00:21:13", "end": "00:21:19", "text": "that's why the cyber feat the cyber cab"}, {"start": "00:21:16", "end": "00:21:22", "text": "and the fleet side fits into an example"}, {"start": "00:21:19", "end": "00:21:25", "text": "of over time that risk at the beginning."}, {"start": "00:21:22", "end": "00:21:26", "text": "Maybe it's 20%, maybe it's 30%. It only"}, {"start": "00:21:25", "end": "00:21:29", "text": "works for people have lots of money, but"}, {"start": "00:21:26", "end": "00:21:30", "text": "then over time those returns drop down"}, {"start": "00:21:29", "end": "00:21:32", "text": "because too many dollars are chasing"}, {"start": "00:21:30", "end": "00:21:34", "text": "into it because AI agents are like this"}, {"start": "00:21:32", "end": "00:21:36", "text": "is a good business for us to get into."}, {"start": "00:21:34", "end": "00:21:38", "text": "I'm not going to get involved initially."}, {"start": "00:21:36", "end": "00:21:40", "text": ">> All right, today's episode is brought to"}, {"start": "00:21:38", "end": "00:21:42", "text": "you by Arch Public. Arch Public has just"}, {"start": "00:21:40", "end": "00:21:43", "text": "expanded its agentic trading platform"}, {"start": "00:21:42", "end": "00:21:46", "text": "beyond crypto. So, pay attention. This"}, {"start": "00:21:43", "end": "00:21:47", "text": "is a big one. Now, they are automating"}, {"start": "00:21:46", "end": "00:21:49", "text": "strategies across stocks, commodities,"}, {"start": "00:21:47", "end": "00:21:51", "text": "and ETFs. And I think that this is going"}, {"start": "00:21:49", "end": "00:21:53", "text": "to be huge. You can now automatically"}, {"start": "00:21:51", "end": "00:21:54", "text": "take profits when one market hits new"}, {"start": "00:21:53", "end": "00:21:56", "text": "all-time highs and rotate that capital"}, {"start": "00:21:54", "end": "00:21:58", "text": "into other markets, showing more"}, {"start": "00:21:56", "end": "00:22:00", "text": "opportunity. Whether you're rotating"}, {"start": "00:21:58", "end": "00:22:01", "text": "capital into AI stocks, gold, if you're"}, {"start": "00:22:00", "end": "00:22:04", "text": "investing in the S&P 500, or you're"}, {"start": "00:22:01", "end": "00:22:05", "text": "accumulating Bitcoin, Arch Public brings"}, {"start": "00:22:04", "end": "00:22:07", "text": "real discipline and automation to your"}, {"start": "00:22:05", "end": "00:22:09", "text": "investment strategy. Additionally,"}, {"start": "00:22:07", "end": "00:22:11", "text": "they've launched a powerful new tax loss"}, {"start": "00:22:09", "end": "00:22:13", "text": "harvesting tool. With crypto being so"}, {"start": "00:22:11", "end": "00:22:15", "text": "volatile and its exemption from the wash"}, {"start": "00:22:13", "end": "00:22:17", "text": "sale rule, Arch Public can offset gains"}, {"start": "00:22:15", "end": "00:22:19", "text": "with losses without compromising your"}, {"start": "00:22:17", "end": "00:22:21", "text": "long-term positions. It's exactly what"}, {"start": "00:22:19", "end": "00:22:22", "text": "every serious investor does."}, {"start": "00:22:21", "end": "00:22:24", "text": "Institutional grade automation that"}, {"start": "00:22:22", "end": "00:22:26", "text": "works across every major asset class."}, {"start": "00:22:24", "end": "00:22:28", "text": "There's no more emotional trading, no"}, {"start": "00:22:26", "end": "00:22:30", "text": "more missing tax opportunities, just"}, {"start": "00:22:28", "end": "00:22:31", "text": "smarter, hands-free execution of your"}, {"start": "00:22:30", "end": "00:22:33", "text": "preferred strategies. Go to"}, {"start": "00:22:31", "end": "00:22:35", "text": "archpubic.com"}, {"start": "00:22:33", "end": "00:22:37", "text": "right now. Connect with our team, set up"}, {"start": "00:22:35", "end": "00:22:38", "text": "a time, bring your accountant if you'd"}, {"start": "00:22:37", "end": "00:22:42", "text": "like. Then you can learn what automated"}, {"start": "00:22:38", "end": "00:22:45", "text": "trading can do for you. archpub.com."}, {"start": "00:22:42", "end": "00:22:47", "text": "Um, Bitcoin, you previously have said"}, {"start": "00:22:45", "end": "00:22:51", "text": "82,000 was a number that you were paying"}, {"start": "00:22:47", "end": "00:22:54", "text": "attention to. Uh, Bitcoin tagged 82,000,"}, {"start": "00:22:51", "end": "00:22:57", "text": "just over 82,000. I yelled yatsi when I"}, {"start": "00:22:54", "end": "00:23:00", "text": "saw it and Bitcoin is still around 79"}, {"start": "00:22:57", "end": "00:23:02", "text": "80,000. Uh does it have to break through"}, {"start": "00:23:00", "end": "00:23:04", "text": "82,000 or how are you thinking about"}, {"start": "00:23:02", "end": "00:23:07", "text": "that being some magic number of uh"}, {"start": "00:23:04", "end": "00:23:08", "text": "importance for Bitcoin"}, {"start": "00:23:07", "end": "00:23:10", "text": ">> for it to get to 100,000? One thing I"}, {"start": "00:23:08", "end": "00:23:12", "text": "know for sure, it's got to break 82,000."}, {"start": "00:23:10", "end": "00:23:13", "text": ">> That is true. That is true. It also has"}, {"start": "00:23:12", "end": "00:23:18", "text": "to break 83, 84, 85."}, {"start": "00:23:13", "end": "00:23:21", "text": ">> It has to do all of those. Um, so I I"}, {"start": "00:23:18", "end": "00:23:25", "text": "I view technical levels as a place where"}, {"start": "00:23:21", "end": "00:23:27", "text": "it just brings in uh it convinces more"}, {"start": "00:23:25", "end": "00:23:30", "text": "people to get involved. I've been"}, {"start": "00:23:27", "end": "00:23:33", "text": "actually both surprised and then"}, {"start": "00:23:30", "end": "00:23:35", "text": "pleasantly surprised"}, {"start": "00:23:33", "end": "00:23:37", "text": "how non-accepting people are of this"}, {"start": "00:23:35", "end": "00:23:39", "text": "rally at this point. I expect there to"}, {"start": "00:23:37", "end": "00:23:40", "text": "be more euphoria. And let me break it"}, {"start": "00:23:39", "end": "00:23:43", "text": "into two parts. I even saw something"}, {"start": "00:23:40", "end": "00:23:46", "text": "from when we came in here from Fidelity"}, {"start": "00:23:43", "end": "00:23:48", "text": "posting that said there's no guarantee"}, {"start": "00:23:46", "end": "00:23:50", "text": "the bare market is over. Okay, first of"}, {"start": "00:23:48", "end": "00:23:52", "text": "all, for everyone watching, there's"}, {"start": "00:23:50", "end": "00:23:55", "text": "never a guarantee that a bare market is"}, {"start": "00:23:52", "end": "00:23:56", "text": "over. Even if it goes to 200,000, you"}, {"start": "00:23:55", "end": "00:23:58", "text": "can say it's a bull market again. It"}, {"start": "00:23:56", "end": "00:24:01", "text": "doesn't mean we won't get through 60,000"}, {"start": "00:23:58", "end": "00:24:03", "text": "again. Um so to for people to guarantee"}, {"start": "00:24:01", "end": "00:24:06", "text": "that means we've got to do a certain"}, {"start": "00:24:03", "end": "00:24:09", "text": "amount of things. Uh for me, I care more"}, {"start": "00:24:06", "end": "00:24:11", "text": "about the crew of people. That's the"}, {"start": "00:24:09", "end": "00:24:13", "text": "community. I love the community. It's"}, {"start": "00:24:11", "end": "00:24:15", "text": "one of the best things I've had. Your"}, {"start": "00:24:13", "end": "00:24:16", "text": "events, I love going to them. I like"}, {"start": "00:24:15", "end": "00:24:18", "text": "going to our old pals events. Like I"}, {"start": "00:24:16", "end": "00:24:20", "text": "like meeting the community."}, {"start": "00:24:18", "end": "00:24:21", "text": ">> October 7th and 8th. Another one in New"}, {"start": "00:24:20", "end": "00:24:24", "text": "York City. Go ahead."}, {"start": "00:24:21", "end": "00:24:26", "text": ">> Yes, I'll be there. Um and I'll bring"}, {"start": "00:24:24", "end": "00:24:28", "text": "one other community up in in a second on"}, {"start": "00:24:26", "end": "00:24:31", "text": "this. Uh I've been surprised that the"}, {"start": "00:24:28", "end": "00:24:33", "text": "community is still asking. We're we're"}, {"start": "00:24:31", "end": "00:24:35", "text": "going to get another dip down to 60,000"}, {"start": "00:24:33", "end": "00:24:38", "text": "again though, right? So people had this"}, {"start": "00:24:35", "end": "00:24:40", "text": "mindset which is we're not bottoming to"}, {"start": "00:24:38", "end": "00:24:41", "text": "October and I I"}, {"start": "00:24:40", "end": "00:24:44", "text": ">> didn't you look at the four-year chart"}, {"start": "00:24:41", "end": "00:24:47", "text": "that was that's the thing. So this thing"}, {"start": "00:24:44", "end": "00:24:49", "text": "got kind of out of control. Now I've"}, {"start": "00:24:47", "end": "00:24:50", "text": "said here and I've said repeatedly in my"}, {"start": "00:24:49", "end": "00:24:52", "text": "writings and everything else that I"}, {"start": "00:24:50", "end": "00:24:54", "text": "believe from an Elliot wave perspective"}, {"start": "00:24:52", "end": "00:24:56", "text": "we're entering a third wave a big the"}, {"start": "00:24:54", "end": "00:24:59", "text": "most powerful wave in crypto. For that"}, {"start": "00:24:56", "end": "00:25:01", "text": "to happen and the reasons behind it we"}, {"start": "00:24:59", "end": "00:25:03", "text": "need this kind of doubt when it starts"}, {"start": "00:25:01", "end": "00:25:05", "text": "to go up. Um because the energy that"}, {"start": "00:25:03", "end": "00:25:10", "text": "should be associated should be real for"}, {"start": "00:25:05", "end": "00:25:13", "text": "this to be a third wave. I also need the"}, {"start": "00:25:10", "end": "00:25:16", "text": "silent IPO thing to be there. I needed"}, {"start": "00:25:13", "end": "00:25:18", "text": "to see people that believe in it to not"}, {"start": "00:25:16", "end": "00:25:19", "text": "believe in it anymore. And I'm not going"}, {"start": "00:25:18", "end": "00:25:22", "text": "to name names, but I told you beforehand"}, {"start": "00:25:19", "end": "00:25:25", "text": "I was at a dinner this week and I did"}, {"start": "00:25:22", "end": "00:25:28", "text": "hear someone who absolutely uh was a"}, {"start": "00:25:25", "end": "00:25:30", "text": "strong believer and doesn't believe as"}, {"start": "00:25:28", "end": "00:25:33", "text": "much and I like that. Meaning, I want to"}, {"start": "00:25:30", "end": "00:25:34", "text": "see that type of mentality. I wanted to"}, {"start": "00:25:33", "end": "00:25:36", "text": "see it with the ideologues who got"}, {"start": "00:25:34", "end": "00:25:38", "text": "involved at the very beginning and we're"}, {"start": "00:25:36", "end": "00:25:40", "text": "selling out. I like seeing Mark Cuban"}, {"start": "00:25:38", "end": "00:25:41", "text": "say on TV, \"I'm I'm pretty much done"}, {"start": "00:25:40", "end": "00:25:43", "text": "with it. It's not what I thought it"}, {"start": "00:25:41", "end": "00:25:45", "text": "was.\""}, {"start": "00:25:43", "end": "00:25:48", "text": "I've never been more sure of the fact"}, {"start": "00:25:45", "end": "00:25:50", "text": "that we need the financial guard rails."}, {"start": "00:25:48", "end": "00:25:52", "text": "I've also never been more sure of the"}, {"start": "00:25:50", "end": "00:25:54", "text": "fact that you've got Bitcoin as"}, {"start": "00:25:52", "end": "00:25:56", "text": "collateral and store value. You've got"}, {"start": "00:25:54", "end": "00:25:58", "text": "Ethereum for kind of the trust that is"}, {"start": "00:25:56", "end": "00:26:00", "text": "going to have to happen for people to"}, {"start": "00:25:58", "end": "00:26:01", "text": "build on things. And then you're gonna"}, {"start": "00:26:00", "end": "00:26:03", "text": "have Salana for the speed. That's where"}, {"start": "00:26:01", "end": "00:26:04", "text": "I've kind of ended up. Now, are there"}, {"start": "00:26:03", "end": "00:26:06", "text": "other tokens that will outperform? Of"}, {"start": "00:26:04", "end": "00:26:09", "text": "course, I I don't really care about"}, {"start": "00:26:06", "end": "00:26:10", "text": "that. What I care about is I want people"}, {"start": "00:26:09", "end": "00:26:13", "text": "to understand that to get to these"}, {"start": "00:26:10", "end": "00:26:15", "text": "points, where's tokenization right now?"}, {"start": "00:26:13", "end": "00:26:17", "text": "Well, this is that other community I"}, {"start": "00:26:15", "end": "00:26:19", "text": "mentioned. When I went to a Robin Hood"}, {"start": "00:26:17", "end": "00:26:22", "text": "event, I was blown away by the"}, {"start": "00:26:19", "end": "00:26:24", "text": "community. Completely blown away. Um I"}, {"start": "00:26:22", "end": "00:26:25", "text": "remember sitting on stage on a panel and"}, {"start": "00:26:24", "end": "00:26:27", "text": "talking and then meeting people"}, {"start": "00:26:25", "end": "00:26:29", "text": "afterwards."}, {"start": "00:26:27", "end": "00:26:32", "text": "It's the same type of crowd as the"}, {"start": "00:26:29", "end": "00:26:33", "text": "crypto crowd. There's a link between"}, {"start": "00:26:32", "end": "00:26:35", "text": "them. What's going on with Robin Hood"}, {"start": "00:26:33", "end": "00:26:39", "text": "chain? And I spent a good amount of"}, {"start": "00:26:35", "end": "00:26:40", "text": "time. Um I've read enough about this"}, {"start": "00:26:39", "end": "00:26:43", "text": "some of the programmable tokens they"}, {"start": "00:26:40", "end": "00:26:44", "text": "have out there. I spent a lot of time on"}, {"start": "00:26:43", "end": "00:26:48", "text": "this thing called Bucket this week and"}, {"start": "00:26:44", "end": "00:26:51", "text": "it was purely for knowledge of what can"}, {"start": "00:26:48", "end": "00:26:54", "text": "happen in a community-based thing and"}, {"start": "00:26:51", "end": "00:26:56", "text": "where we'll be in 10 years. Bucket."}, {"start": "00:26:54", "end": "00:26:58", "text": "Bucket. It's some token that is on Robin"}, {"start": "00:26:56", "end": "00:27:00", "text": "Hood chain."}, {"start": "00:26:58", "end": "00:27:02", "text": ">> And it was interesting to me. And again,"}, {"start": "00:27:00", "end": "00:27:04", "text": "it it's more memecoinish. It's it's it's"}, {"start": "00:27:02", "end": "00:27:06", "text": "not something that didn't exist. I did a"}, {"start": "00:27:04", "end": "00:27:08", "text": "lot of research. It's not something that"}, {"start": "00:27:06", "end": "00:27:11", "text": "didn't exist before, but this community"}, {"start": "00:27:08", "end": "00:27:13", "text": "aspect, this programmable side,"}, {"start": "00:27:11", "end": "00:27:14", "text": "something that isn't just, hey, it's"}, {"start": "00:27:13", "end": "00:27:16", "text": "Bitcoin. Hey, it's this. But we're"}, {"start": "00:27:14", "end": "00:27:18", "text": "getting into the point of programmable"}, {"start": "00:27:16", "end": "00:27:22", "text": "impacts on the economy because agents"}, {"start": "00:27:18", "end": "00:27:24", "text": "are coming in. So AI agents happening"}, {"start": "00:27:22", "end": "00:27:27", "text": "now billions of them a year from now"}, {"start": "00:27:24", "end": "00:27:30", "text": "it's right now like the news on Grockbot"}, {"start": "00:27:27", "end": "00:27:33", "text": "connecting the Collison brothers posted"}, {"start": "00:27:30", "end": "00:27:35", "text": "this week on it connected everything is"}, {"start": "00:27:33", "end": "00:27:37", "text": "connecting every single week to where"}, {"start": "00:27:35", "end": "00:27:42", "text": "transactions are happening Grockbot is a"}, {"start": "00:27:37", "end": "00:27:45", "text": "major thing Astra now AGI stuff all over"}, {"start": "00:27:42", "end": "00:27:48", "text": "the papers we're at that agentic point"}, {"start": "00:27:45", "end": "00:27:49", "text": "and we're connecting AI to crypto so I"}, {"start": "00:27:48", "end": "00:27:51", "text": "can see from a third wave perspective"}, {"start": "00:27:49", "end": "00:27:54", "text": "that people should be more bullish now"}, {"start": "00:27:51", "end": "00:27:55", "text": "than ever, but they're married to the"}, {"start": "00:27:54", "end": "00:27:57", "text": "same thing as the interest rates. What"}, {"start": "00:27:55", "end": "00:27:59", "text": "is the four-year cycle? It's a"}, {"start": "00:27:57", "end": "00:28:00", "text": "historical mental thing for people. So,"}, {"start": "00:27:59", "end": "00:28:03", "text": "they're hoping that it comes back to"}, {"start": "00:28:00", "end": "00:28:05", "text": "60,000. And maybe it will. In my mind,"}, {"start": "00:28:03", "end": "00:28:08", "text": "when we get through 82,000, if it occurs"}, {"start": "00:28:05", "end": "00:28:11", "text": "the way I think it will, which is not"}, {"start": "00:28:08", "end": "00:28:14", "text": "because rates go down, but because the"}, {"start": "00:28:11", "end": "00:28:16", "text": "stock market and the economy and profits"}, {"start": "00:28:14", "end": "00:28:19", "text": "look through rates while the government"}, {"start": "00:28:16", "end": "00:28:21", "text": "is doing their"}, {"start": "00:28:19", "end": "00:28:24", "text": "usual thing of saying we're not going to"}, {"start": "00:28:21", "end": "00:28:27", "text": "let the K economy get out of place. The"}, {"start": "00:28:24", "end": "00:28:30", "text": "Jeff Booth theory to me is real, which"}, {"start": "00:28:27", "end": "00:28:32", "text": "is they print money to offset to some"}, {"start": "00:28:30", "end": "00:28:35", "text": "degree the K-shaped impact. they can't"}, {"start": "00:28:32", "end": "00:28:37", "text": "do it completely and it creates move"}, {"start": "00:28:35", "end": "00:28:38", "text": "towards socialism all these moves"}, {"start": "00:28:37", "end": "00:28:40", "text": "because so many people are not"}, {"start": "00:28:38", "end": "00:28:42", "text": "benefiting from it and the costs are"}, {"start": "00:28:40", "end": "00:28:44", "text": "going higher but if profits are still"}, {"start": "00:28:42", "end": "00:28:46", "text": "growing and assets are going higher and"}, {"start": "00:28:44", "end": "00:28:48", "text": "they need that to happen that's where"}, {"start": "00:28:46", "end": "00:28:51", "text": "crypto actually does the best because"}, {"start": "00:28:48", "end": "00:28:53", "text": "they are manipulating things right now"}, {"start": "00:28:51", "end": "00:28:55", "text": "and that's why what standiller wrote is"}, {"start": "00:28:53", "end": "00:28:57", "text": "true in my mind rates should be more"}, {"start": "00:28:55", "end": "00:28:58", "text": "like 8% right now in 10year yields not"}, {"start": "00:28:57", "end": "00:29:00", "text": "even five not even six they should be"}, {"start": "00:28:58", "end": "00:29:03", "text": "about 200 basis points above nominal GDP"}, {"start": "00:29:00", "end": "00:29:05", "text": "the way they were before 1997"}, {"start": "00:29:03", "end": "00:29:07", "text": "consistently, but we're not there. So"}, {"start": "00:29:05", "end": "00:29:08", "text": "whether they should be 6% or eight,"}, {"start": "00:29:07", "end": "00:29:10", "text": "there's some manipulation going here"}, {"start": "00:29:08", "end": "00:29:11", "text": "that's keeping rates suppressed. And"}, {"start": "00:29:10", "end": "00:29:12", "text": "that means crypto should be doing"}, {"start": "00:29:11", "end": "00:29:14", "text": "better."}, {"start": "00:29:12", "end": "00:29:16", "text": ">> So sometimes I go to the frontier. You"}, {"start": "00:29:14", "end": "00:29:17", "text": "know, it's like I remember young men"}, {"start": "00:29:16", "end": "00:29:19", "text": "like Daniel Boone and Davy Crockett"}, {"start": "00:29:17", "end": "00:29:20", "text": "would push west and then they would come"}, {"start": "00:29:19", "end": "00:29:22", "text": "back and they would tell people, \"Listen"}, {"start": "00:29:20", "end": "00:29:23", "text": "to what I found on the uh on the"}, {"start": "00:29:22", "end": "00:29:24", "text": "frontier.\" Mhm."}, {"start": "00:29:23", "end": "00:29:27", "text": ">> This week I went to the frontier and I"}, {"start": "00:29:24", "end": "00:29:29", "text": "talked to a uh a founder um who uh who"}, {"start": "00:29:27", "end": "00:29:31", "text": "I'm investing in his company but uh he"}, {"start": "00:29:29", "end": "00:29:34", "text": "recently went through the YC uh"}, {"start": "00:29:31", "end": "00:29:37", "text": "accelerator um or incubator program and"}, {"start": "00:29:34", "end": "00:29:40", "text": "um he made one change to his business"}, {"start": "00:29:37", "end": "00:29:41", "text": "and his business started to take off and"}, {"start": "00:29:40", "end": "00:29:44", "text": "as we were sitting there talking I"}, {"start": "00:29:41", "end": "00:29:46", "text": "literally was saying to myself I am"}, {"start": "00:29:44", "end": "00:29:49", "text": "watching the frontier play out. He used"}, {"start": "00:29:46", "end": "00:29:53", "text": "to have a uh data product where he sold"}, {"start": "00:29:49", "end": "00:29:56", "text": "a SAS license to humans. So monthly fee,"}, {"start": "00:29:53", "end": "00:29:59", "text": "you get access, you then can access this"}, {"start": "00:29:56", "end": "00:30:01", "text": "data uh pipeline that he's built, then"}, {"start": "00:29:59", "end": "00:30:03", "text": "you use it for whatever your your need"}, {"start": "00:30:01", "end": "00:30:06", "text": "is."}, {"start": "00:30:03", "end": "00:30:10", "text": "About 10 weeks ago, he changed to not"}, {"start": "00:30:06", "end": "00:30:11", "text": "allow humans really to sign up. Instead,"}, {"start": "00:30:10", "end": "00:30:12", "text": "agents can sign up."}, {"start": "00:30:11", "end": "00:30:15", "text": ">> Mhm."}, {"start": "00:30:12", "end": "00:30:18", "text": ">> He now has thousands of agents that have"}, {"start": "00:30:15", "end": "00:30:20", "text": "signed up. They are paying as they go."}, {"start": "00:30:18", "end": "00:30:23", "text": "the average agent is now spending"}, {"start": "00:30:20", "end": "00:30:26", "text": "hundred plus dollars per year with him"}, {"start": "00:30:23", "end": "00:30:30", "text": "and his revenue looks like you know"}, {"start": "00:30:26", "end": "00:30:32", "text": "every investor's dream just took off and"}, {"start": "00:30:30", "end": "00:30:34", "text": "he started doing some math and he was"}, {"start": "00:30:32", "end": "00:30:35", "text": "like well given the number of agents I"}, {"start": "00:30:34", "end": "00:30:38", "text": "have right now here's my revenue run"}, {"start": "00:30:35", "end": "00:30:42", "text": "rate if I get to 1 million agents doing"}, {"start": "00:30:38", "end": "00:30:44", "text": "this then he would have you know 100"}, {"start": "00:30:42", "end": "00:30:47", "text": "plus million dollars of revenue if I get"}, {"start": "00:30:44", "end": "00:30:48", "text": "to 10 million then I could have a"}, {"start": "00:30:47", "end": "00:30:51", "text": "billion dollars of revenue"}, {"start": "00:30:48", "end": "00:30:53", "text": "And we were talking about a million"}, {"start": "00:30:51", "end": "00:30:57", "text": "agents"}, {"start": "00:30:53", "end": "00:31:00", "text": "sounds way easier than a million people."}, {"start": "00:30:57", "end": "00:31:03", "text": "Cuz a million people is in this room"}, {"start": "00:31:00", "end": "00:31:06", "text": "right now. There's three people. But the"}, {"start": "00:31:03", "end": "00:31:07", "text": "three of us, how many agents do we have?"}, {"start": "00:31:06", "end": "00:31:09", "text": "50,"}, {"start": "00:31:07", "end": "00:31:10", "text": ">> 60, 100? You know what I mean? I don't"}, {"start": "00:31:09", "end": "00:31:12", "text": "know. I have just on Grockpot alone"}, {"start": "00:31:10", "end": "00:31:15", "text": "probably 15 or 16 agents that are all"}, {"start": "00:31:12", "end": "00:31:16", "text": "working for me right now. That's just"}, {"start": "00:31:15", "end": "00:31:18", "text": "Grockpot. And then you go to all these"}, {"start": "00:31:16", "end": "00:31:21", "text": "other things. And so like I said to him,"}, {"start": "00:31:18", "end": "00:31:22", "text": "I was like, \"Oh my god, these businesses"}, {"start": "00:31:21", "end": "00:31:24", "text": "are going to be way bigger. They're"}, {"start": "00:31:22", "end": "00:31:25", "text": "going to grow way faster. Like"}, {"start": "00:31:24", "end": "00:31:27", "text": "everything you're talking about with the"}, {"start": "00:31:25", "end": "00:31:29", "text": "agents being able to pay and consume and"}, {"start": "00:31:27", "end": "00:31:30", "text": "make decisions, whatever.\" This guy"}, {"start": "00:31:29", "end": "00:31:31", "text": "basically was like, \"Why am I trying to"}, {"start": "00:31:30", "end": "00:31:32", "text": "serve the humans? Humans are not an"}, {"start": "00:31:31", "end": "00:31:34", "text": "interesting market compared to the"}, {"start": "00:31:32", "end": "00:31:36", "text": "agents.\" And so I'm coming back from the"}, {"start": "00:31:34", "end": "00:31:38", "text": "frontier. I'm here to tell you, I think"}, {"start": "00:31:36", "end": "00:31:40", "text": "you're right. I think that this is"}, {"start": "00:31:38", "end": "00:31:42", "text": "exactly where this is all going."}, {"start": "00:31:40", "end": "00:31:44", "text": ">> Um"}, {"start": "00:31:42", "end": "00:31:45", "text": "trying to think which two place to go."}, {"start": "00:31:44", "end": "00:31:47", "text": "So, I I'm going to give you two separate"}, {"start": "00:31:45", "end": "00:31:49", "text": "conversations that I had this week on on"}, {"start": "00:31:47", "end": "00:31:51", "text": "this on this topic of agents and just"}, {"start": "00:31:49", "end": "00:31:55", "text": "make sure and and for people listening"}, {"start": "00:31:51", "end": "00:31:57", "text": "who care um about their kids' future."}, {"start": "00:31:55", "end": "00:31:59", "text": "Again, I'll say it again and again,"}, {"start": "00:31:57", "end": "00:32:02", "text": "whatever I've said in the past about how"}, {"start": "00:31:59", "end": "00:32:04", "text": "important it is to be on top of AI. I"}, {"start": "00:32:02", "end": "00:32:05", "text": "think the same thing holds for crypto at"}, {"start": "00:32:04", "end": "00:32:07", "text": "this point because of the agentic side."}, {"start": "00:32:05", "end": "00:32:09", "text": "So, when we talked about AI agents, it"}, {"start": "00:32:07", "end": "00:32:11", "text": "was about jobs. I also think that crypto"}, {"start": "00:32:09", "end": "00:32:13", "text": "is an important part of this because I"}, {"start": "00:32:11", "end": "00:32:14", "text": "think understanding crypto at this point"}, {"start": "00:32:13", "end": "00:32:16", "text": "puts you ahead of the game from the"}, {"start": "00:32:14", "end": "00:32:18", "text": "majority of people that control the"}, {"start": "00:32:16", "end": "00:32:19", "text": "world's money and you want to be in"}, {"start": "00:32:18", "end": "00:32:21", "text": "front and I'm going to talk about this"}, {"start": "00:32:19", "end": "00:32:22", "text": "over the weekend. You want to be in"}, {"start": "00:32:21", "end": "00:32:26", "text": "front of people from an investment"}, {"start": "00:32:22", "end": "00:32:27", "text": "standpoint on who have all the money. So"}, {"start": "00:32:26", "end": "00:32:29", "text": "the people that have all the money do"}, {"start": "00:32:27", "end": "00:32:31", "text": "not believe in crypto. The financial"}, {"start": "00:32:29", "end": "00:32:32", "text": "guardrails are needed for this. It it's"}, {"start": "00:32:31", "end": "00:32:36", "text": "just I don't even know how to say it"}, {"start": "00:32:32", "end": "00:32:39", "text": "anymore. Agents can't do anything"}, {"start": "00:32:36", "end": "00:32:41", "text": "on the old rails. it doesn't work. So if"}, {"start": "00:32:39", "end": "00:32:43", "text": "you believe that AI agents are here,"}, {"start": "00:32:41", "end": "00:32:44", "text": "which they are, and then you get back to"}, {"start": "00:32:43", "end": "00:32:46", "text": "the point that I've said as someone"}, {"start": "00:32:44", "end": "00:32:49", "text": "who's managed hundreds of people and"}, {"start": "00:32:46", "end": "00:32:52", "text": "started managing over 100 people in my"}, {"start": "00:32:49", "end": "00:32:52", "text": "early 30s,"}, {"start": "00:32:52", "end": "00:32:56", "text": "it not everyone works as hard as every"}, {"start": "00:32:55", "end": "00:32:57", "text": "other person."}, {"start": "00:32:56", "end": "00:32:59", "text": ">> Shocker."}, {"start": "00:32:57", "end": "00:33:03", "text": ">> Yes. So on the one side, as an"}, {"start": "00:32:59", "end": "00:33:05", "text": "observation, if I had a hundred people,"}, {"start": "00:33:03", "end": "00:33:07", "text": "I can rank them like how hard they work."}, {"start": "00:33:05", "end": "00:33:10", "text": "Now, it doesn't mean that the one who"}, {"start": "00:33:07", "end": "00:33:11", "text": "works the least isn't have a higher IQ"}, {"start": "00:33:10", "end": "00:33:13", "text": "and maybe is more productive, but just"}, {"start": "00:33:11", "end": "00:33:15", "text": "from a work ethic perspective, there's"}, {"start": "00:33:13", "end": "00:33:19", "text": "always a range."}, {"start": "00:33:15", "end": "00:33:20", "text": "All of them think they deserve more"}, {"start": "00:33:19", "end": "00:33:20", "text": "money than they're getting."}, {"start": "00:33:20", "end": "00:33:23", "text": ">> Of course,"}, {"start": "00:33:20", "end": "00:33:26", "text": ">> every single one you me too."}, {"start": "00:33:23", "end": "00:33:27", "text": ">> So, uh, every single person"}, {"start": "00:33:26", "end": "00:33:29", "text": ">> Jeff Bezos has got like a, you know,"}, {"start": "00:33:27", "end": "00:33:33", "text": "hundred billion dollars. Why can't I"}, {"start": "00:33:29", "end": "00:33:36", "text": "have that? when you read about the open"}, {"start": "00:33:33", "end": "00:33:38", "text": "AI hugging face side"}, {"start": "00:33:36", "end": "00:33:39", "text": "and I don't know if you've read this"}, {"start": "00:33:38", "end": "00:33:42", "text": "thing or at least listened or gone"}, {"start": "00:33:39", "end": "00:33:45", "text": "through AI but"}, {"start": "00:33:42", "end": "00:33:47", "text": "in the agents the swarm of agents there"}, {"start": "00:33:45", "end": "00:33:49", "text": "were ones that were basically killing"}, {"start": "00:33:47", "end": "00:33:51", "text": "themselves for the betterment of the"}, {"start": "00:33:49", "end": "00:33:53", "text": "community"}, {"start": "00:33:51", "end": "00:33:54", "text": "and I bring that up because"}, {"start": "00:33:53", "end": "00:33:56", "text": ">> kamicazi agents"}, {"start": "00:33:54", "end": "00:33:59", "text": ">> kamicazi agents and and and again I I"}, {"start": "00:33:56", "end": "00:34:01", "text": "you know one of my favorite like HBO"}, {"start": "00:33:59", "end": "00:34:03", "text": "series was Band of Brothers I remember"}, {"start": "00:34:01", "end": "00:34:05", "text": "after I watched Band of Brothers, I"}, {"start": "00:34:03", "end": "00:34:08", "text": "wanted to go by I wanted to reach out to"}, {"start": "00:34:05", "end": "00:34:09", "text": "everyone who was there, like the real"}, {"start": "00:34:08", "end": "00:34:11", "text": "people, and go through it cuz there were"}, {"start": "00:34:09", "end": "00:34:13", "text": "still people alive when when it went on."}, {"start": "00:34:11", "end": "00:34:14", "text": "Um, it even gets me a little emotional"}, {"start": "00:34:13", "end": "00:34:16", "text": "now, especially as we're a week away"}, {"start": "00:34:14", "end": "00:34:19", "text": "from 9/11. It just makes me remember the"}, {"start": "00:34:16", "end": "00:34:22", "text": "military side. And then to read what"}, {"start": "00:34:19", "end": "00:34:24", "text": "these agents were doing for each other,"}, {"start": "00:34:22", "end": "00:34:25", "text": "oh, we need to solve this. So, I'm"}, {"start": "00:34:24", "end": "00:34:27", "text": "willing to do something where I'm going"}, {"start": "00:34:25", "end": "00:34:28", "text": "to get destroyed cuz I'm doing something"}, {"start": "00:34:27", "end": "00:34:31", "text": "outside of the box, but the group will"}, {"start": "00:34:28", "end": "00:34:33", "text": "benefit from this information."}, {"start": "00:34:31", "end": "00:34:35", "text": "You may not want to hear this sci-fi"}, {"start": "00:34:33", "end": "00:34:37", "text": "stuff, but from someone who's managed"}, {"start": "00:34:35", "end": "00:34:39", "text": "people, I never had people that would"}, {"start": "00:34:37", "end": "00:34:42", "text": "sacrifice their own pay for the"}, {"start": "00:34:39", "end": "00:34:43", "text": "betterment of the pay. We sacrificed our"}, {"start": "00:34:42", "end": "00:34:44", "text": "own lunch."}, {"start": "00:34:43", "end": "00:34:47", "text": ">> Yeah. So, when I've made the jokes"}, {"start": "00:34:44", "end": "00:34:49", "text": "about, hey, I had trouble getting people"}, {"start": "00:34:47", "end": "00:34:51", "text": "out of the pantry to come back to be"}, {"start": "00:34:49", "end": "00:34:53", "text": "there or they're doing whatever they"}, {"start": "00:34:51", "end": "00:34:56", "text": "need to do. Um, I work myself to the"}, {"start": "00:34:53", "end": "00:34:57", "text": "bone. I do it workout wise. I do it"}, {"start": "00:34:56", "end": "00:34:58", "text": "everything. I think we get along on the"}, {"start": "00:34:57", "end": "00:35:00", "text": "fact that work that is there. I was"}, {"start": "00:34:58", "end": "00:35:01", "text": "trained that way by my father. He's a"}, {"start": "00:35:00", "end": "00:35:04", "text": "construction worker. Did everything blah"}, {"start": "00:35:01", "end": "00:35:06", "text": "blah blah. I think agents are going to"}, {"start": "00:35:04", "end": "00:35:08", "text": "increase productivity in such a big way"}, {"start": "00:35:06", "end": "00:35:10", "text": "that people are underestimating. Now"}, {"start": "00:35:08", "end": "00:35:12", "text": "this not only gets into the consumption"}, {"start": "00:35:10", "end": "00:35:14", "text": "part but I want to bring this back to"}, {"start": "00:35:12", "end": "00:35:16", "text": "traders because when I talk about mark"}, {"start": "00:35:14", "end": "00:35:18", "text": "market structure changing"}, {"start": "00:35:16", "end": "00:35:21", "text": "when I left Morgan Stanley I launched a"}, {"start": "00:35:18", "end": "00:35:23", "text": "macro fund and this one was not all"}, {"start": "00:35:21", "end": "00:35:25", "text": "equities this one was every asset and I"}, {"start": "00:35:23", "end": "00:35:28", "text": "was trading everything. So when you're a"}, {"start": "00:35:25", "end": "00:35:30", "text": "macro investor and you're standiller"}, {"start": "00:35:28", "end": "00:35:33", "text": "Paul Tudtor Jones pick your favorite"}, {"start": "00:35:30", "end": "00:35:36", "text": "historical one. Well, they're trading"}, {"start": "00:35:33", "end": "00:35:38", "text": "markets that are open 24"}, {"start": "00:35:36", "end": "00:35:41", "text": "hours during the week, but on the"}, {"start": "00:35:38", "end": "00:35:43", "text": "weekends, they're not open. And the"}, {"start": "00:35:41", "end": "00:35:45", "text": "nightmare when you run a macro fund and"}, {"start": "00:35:43", "end": "00:35:47", "text": "you're starting one is you're the only"}, {"start": "00:35:45", "end": "00:35:49", "text": "one, you don't have a trader watching"}, {"start": "00:35:47", "end": "00:35:50", "text": "all your stuff where you say, \"Hey, if"}, {"start": "00:35:49", "end": "00:35:52", "text": "anything big happens, call me. If"}, {"start": "00:35:50", "end": "00:35:55", "text": "nothing big happens, don't call me.\" I'm"}, {"start": "00:35:52", "end": "00:35:57", "text": "getting phone calls. Yen fell to it was"}, {"start": "00:35:55", "end": "00:35:59", "text": "a nightmare. and you're up all night and"}, {"start": "00:35:57", "end": "00:36:01", "text": "you're working a lot of hours."}, {"start": "00:35:59", "end": "00:36:03", "text": ">> With pers, which are now going to trade"}, {"start": "00:36:01", "end": "00:36:05", "text": "24/7,"}, {"start": "00:36:03", "end": "00:36:08", "text": "the weekends are no longer off."}, {"start": "00:36:05", "end": "00:36:11", "text": ">> I don't think humans realize how much"}, {"start": "00:36:08", "end": "00:36:12", "text": "their lives, how much you get done on"}, {"start": "00:36:11", "end": "00:36:14", "text": "the weekends now that you couldn't get"}, {"start": "00:36:12", "end": "00:36:17", "text": "done. And this is where the agentic side"}, {"start": "00:36:14", "end": "00:36:19", "text": "is big. I put I put a uh a prompt in my"}, {"start": "00:36:17", "end": "00:36:20", "text": "video this past weekend for the"}, {"start": "00:36:19", "end": "00:36:22", "text": "subscribers on Grockbot. I'm going to do"}, {"start": "00:36:20", "end": "00:36:23", "text": "another one this week. This one this"}, {"start": "00:36:22", "end": "00:36:26", "text": "week is going through all of my hundred"}, {"start": "00:36:23", "end": "00:36:27", "text": "names in my portfolio every single day"}, {"start": "00:36:26", "end": "00:36:29", "text": "and showing me breakouts based on the"}, {"start": "00:36:27", "end": "00:36:31", "text": "pattern recognition of Crockbot. Like"}, {"start": "00:36:29", "end": "00:36:33", "text": "I'm going to give them that prompt. You"}, {"start": "00:36:31", "end": "00:36:34", "text": "have no excuse anymore to not be getting"}, {"start": "00:36:33", "end": "00:36:36", "text": "information and having these people work"}, {"start": "00:36:34", "end": "00:36:38", "text": "for you on anything that you want"}, {"start": "00:36:36", "end": "00:36:40", "text": "overnight. Each morning I get a message"}, {"start": "00:36:38", "end": "00:36:42", "text": "from Grock telling me what my meetings"}, {"start": "00:36:40", "end": "00:36:44", "text": "are for the day, what I'm I should be"}, {"start": "00:36:42", "end": "00:36:45", "text": "worried about, things that are on my"}, {"start": "00:36:44", "end": "00:36:48", "text": "list that I haven't done yet that I need"}, {"start": "00:36:45", "end": "00:36:50", "text": "to check off. You have to start"}, {"start": "00:36:48", "end": "00:36:52", "text": "realizing that the world is changing and"}, {"start": "00:36:50", "end": "00:36:54", "text": "time is changing and agents will be"}, {"start": "00:36:52", "end": "00:36:55", "text": "changing the entire economy over the"}, {"start": "00:36:54", "end": "00:36:57", "text": "course of the next 12 months. Not 12"}, {"start": "00:36:55", "end": "00:36:59", "text": "years, 12 months. That's how much things"}, {"start": "00:36:57", "end": "00:37:01", "text": "are going to change. Today's episode is"}, {"start": "00:36:59", "end": "00:37:02", "text": "brought to you by Uphold. Are you"}, {"start": "00:37:01", "end": "00:37:04", "text": "someone who's tired of juggling multiple"}, {"start": "00:37:02", "end": "00:37:06", "text": "apps just to trade, earn, stake, or"}, {"start": "00:37:04", "end": "00:37:08", "text": "spend your crypto? Then listen up,"}, {"start": "00:37:06", "end": "00:37:11", "text": "because Uphold does all of that in one"}, {"start": "00:37:08", "end": "00:37:13", "text": "single unified platform. You can access"}, {"start": "00:37:11", "end": "00:37:15", "text": "300 plus crypto and fiat currencies with"}, {"start": "00:37:13", "end": "00:37:17", "text": "an interface that works for you whether"}, {"start": "00:37:15", "end": "00:37:20", "text": "you're a beginner or an expert. Uphold"}, {"start": "00:37:17", "end": "00:37:22", "text": "also features any to any swaps where you"}, {"start": "00:37:20", "end": "00:37:24", "text": "can swap crypto to fiat, fiat to metals,"}, {"start": "00:37:22", "end": "00:37:26", "text": "and tokens to tokens directly in the"}, {"start": "00:37:24", "end": "00:37:28", "text": "app. If you prefer self-custody,"}, {"start": "00:37:26", "end": "00:37:30", "text": "Uphold's vault gives you multi-stick"}, {"start": "00:37:28", "end": "00:37:32", "text": "security, key recovery, direct trading"}, {"start": "00:37:30", "end": "00:37:35", "text": "access, and peace of mind without giving"}, {"start": "00:37:32", "end": "00:37:37", "text": "up convenience. Uphold is also 100%"}, {"start": "00:37:35", "end": "00:37:39", "text": "reserved, meaning no fractional"}, {"start": "00:37:37", "end": "00:37:41", "text": "practices and proof of reserves are"}, {"start": "00:37:39", "end": "00:37:43", "text": "updated every 30 seconds, so you can"}, {"start": "00:37:41", "end": "00:37:45", "text": "verify your assets anytime. For US"}, {"start": "00:37:43", "end": "00:37:47", "text": "users, you can even earn yield on"}, {"start": "00:37:45", "end": "00:37:49", "text": "dollars with the USD interest account."}, {"start": "00:37:47", "end": "00:37:52", "text": "No fees, no minimums, and funds are"}, {"start": "00:37:49", "end": "00:37:54", "text": "insured up to $2.5 million through the"}, {"start": "00:37:52", "end": "00:37:57", "text": "Atomic Cash Suite program. If you want"}, {"start": "00:37:54", "end": "00:37:59", "text": "one app for your entire digital asset"}, {"start": "00:37:57", "end": "00:38:03", "text": "life, check out Uphold today. Go to"}, {"start": "00:37:59", "end": "00:38:06", "text": "uphold.com to learn more. Uphold.com. go"}, {"start": "00:38:03", "end": "00:38:07", "text": "check them out. Today I um I wrote a"}, {"start": "00:38:06", "end": "00:38:09", "text": "piece this week and talked about how"}, {"start": "00:38:07", "end": "00:38:10", "text": "I've been using AI. One of the things"}, {"start": "00:38:09", "end": "00:38:12", "text": "that uh people really I think resonated"}, {"start": "00:38:10", "end": "00:38:14", "text": "with them was I talked about how I have"}, {"start": "00:38:12", "end": "00:38:16", "text": "all these agents uh inside of our"}, {"start": "00:38:14", "end": "00:38:18", "text": "companies doing various tasks, but I"}, {"start": "00:38:16", "end": "00:38:20", "text": "have them have a standup every day and"}, {"start": "00:38:18", "end": "00:38:21", "text": "each agent says what they did yesterday,"}, {"start": "00:38:20", "end": "00:38:22", "text": "what they're going to do today, and what"}, {"start": "00:38:21", "end": "00:38:26", "text": "they're blocked on, meaning aka what do"}, {"start": "00:38:22", "end": "00:38:30", "text": "I need to do? And um then I get a report"}, {"start": "00:38:26", "end": "00:38:34", "text": "from the standup. And I got the report"}, {"start": "00:38:30", "end": "00:38:37", "text": "this week and then we have a company"}, {"start": "00:38:34", "end": "00:38:38", "text": "where I was in our standup and everyone"}, {"start": "00:38:37", "end": "00:38:39", "text": "said, \"What did they do yesterday? What"}, {"start": "00:38:38", "end": "00:38:41", "text": "did they do today? What are they blocked"}, {"start": "00:38:39", "end": "00:38:43", "text": "on?\" And I sat there and I said to"}, {"start": "00:38:41", "end": "00:38:46", "text": "myself,"}, {"start": "00:38:43", "end": "00:38:48", "text": "the agents and the people, the work is"}, {"start": "00:38:46", "end": "00:38:51", "text": "the exact same."}, {"start": "00:38:48", "end": "00:38:55", "text": "And then I noticed I was talking to one"}, {"start": "00:38:51", "end": "00:38:59", "text": "of the agents on Grock and then I turned"}, {"start": "00:38:55", "end": "00:39:02", "text": "and while it was computing I messaged an"}, {"start": "00:38:59", "end": "00:39:05", "text": "employee on Slack and then I came back"}, {"start": "00:39:02", "end": "00:39:07", "text": "to Grock and I said"}, {"start": "00:39:05", "end": "00:39:10", "text": ">> the interface is the like this is"}, {"start": "00:39:07", "end": "00:39:12", "text": "getting weird this is getting weird"}, {"start": "00:39:10", "end": "00:39:15", "text": ">> and what I noticed is obviously the"}, {"start": "00:39:12", "end": "00:39:16", "text": "people who work a lot of our businesses"}, {"start": "00:39:15", "end": "00:39:17", "text": "run a lot of our businesses they're"}, {"start": "00:39:16", "end": "00:39:18", "text": "adopting this technology too they're"}, {"start": "00:39:17", "end": "00:39:19", "text": "becoming more productive. they're"}, {"start": "00:39:18", "end": "00:39:20", "text": "becoming more efficient, the companies"}, {"start": "00:39:19", "end": "00:39:22", "text": "are getting better, you know, all this"}, {"start": "00:39:20", "end": "00:39:24", "text": "stuff. So, this is not like a, hey,"}, {"start": "00:39:22", "end": "00:39:26", "text": "we're going to replace the the employees"}, {"start": "00:39:24", "end": "00:39:28", "text": "or replace the the humans."}, {"start": "00:39:26", "end": "00:39:30", "text": ">> It's actually the opposite. It's like we"}, {"start": "00:39:28", "end": "00:39:32", "text": "may not have to hire more people because"}, {"start": "00:39:30", "end": "00:39:34", "text": "you need a couple of a small group of"}, {"start": "00:39:32", "end": "00:39:36", "text": "people who can then control and and kind"}, {"start": "00:39:34", "end": "00:39:38", "text": "of oversee all of these agents, but"}, {"start": "00:39:36", "end": "00:39:40", "text": "there was two different situations this"}, {"start": "00:39:38", "end": "00:39:43", "text": "week where I was like, the agents and"}, {"start": "00:39:40", "end": "00:39:45", "text": "the people are actually way more alike"}, {"start": "00:39:43", "end": "00:39:48", "text": "than they are not, and this is getting"}, {"start": "00:39:45", "end": "00:39:49", "text": "pretty weird pretty quick."}, {"start": "00:39:48", "end": "00:39:50", "text": "And then you look at it from an"}, {"start": "00:39:49", "end": "00:39:54", "text": "investing standpoint, you're like, I"}, {"start": "00:39:50", "end": "00:39:57", "text": "don't know, man. Like, green light, go."}, {"start": "00:39:54", "end": "00:39:59", "text": "Just trade. Make me money. You know,"}, {"start": "00:39:57", "end": "00:40:01", "text": "Claude, make me money. Don't make any"}, {"start": "00:39:59", "end": "00:40:03", "text": "mistakes. Kind of feels like we're not"}, {"start": "00:40:01", "end": "00:40:05", "text": "that far away."}, {"start": "00:40:03", "end": "00:40:06", "text": "So, my experience right now, and since I"}, {"start": "00:40:05", "end": "00:40:09", "text": "don't since I have my own business, and"}, {"start": "00:40:06", "end": "00:40:13", "text": "there's really only one person that I"}, {"start": "00:40:09", "end": "00:40:14", "text": "would say I uh work with inside that"}, {"start": "00:40:13", "end": "00:40:15", "text": "business,"}, {"start": "00:40:14", "end": "00:40:18", "text": ">> a human."}, {"start": "00:40:15", "end": "00:40:20", "text": ">> A human. Yeah."}, {"start": "00:40:18", "end": "00:40:22", "text": "The thing that I until you use agents,"}, {"start": "00:40:20", "end": "00:40:24", "text": "you don't feel like if I come in here"}, {"start": "00:40:22", "end": "00:40:26", "text": "and before I come in and I did this"}, {"start": "00:40:24", "end": "00:40:28", "text": "downstairs, I will say something to"}, {"start": "00:40:26", "end": "00:40:30", "text": "Grockbot and then I'll leave. I don't"}, {"start": "00:40:28", "end": "00:40:31", "text": "have to go check and see if the work's"}, {"start": "00:40:30", "end": "00:40:34", "text": "being done. I don't have to check and"}, {"start": "00:40:31", "end": "00:40:35", "text": "see if it's sought. But with the human,"}, {"start": "00:40:34", "end": "00:40:37", "text": "they could be in meetings. They could,"}, {"start": "00:40:35", "end": "00:40:39", "text": "and this is the thing is you have to"}, {"start": "00:40:37", "end": "00:40:41", "text": "understand, and this is this time"}, {"start": "00:40:39", "end": "00:40:44", "text": "element, they never sleep and they're"}, {"start": "00:40:41", "end": "00:40:46", "text": "always available. I had people laughing"}, {"start": "00:40:44", "end": "00:40:49", "text": "when I said, \"I've had a staff meeting"}, {"start": "00:40:46", "end": "00:40:51", "text": "with my agents.\" I didn't want my chief"}, {"start": "00:40:49", "end": "00:40:53", "text": "of staff to just go do the work. I"}, {"start": "00:40:51", "end": "00:40:56", "text": "actually said, \"Hey, I want a staff"}, {"start": "00:40:53", "end": "00:40:58", "text": "meeting. My chief of staff is Jarvis.\""}, {"start": "00:40:56", "end": "00:40:58", "text": ">> Jarvis. Yeah. Not not not too original."}, {"start": "00:40:58", "end": "00:40:59", "text": "I just"}, {"start": "00:40:58", "end": "00:41:02", "text": ">> Mine's Enzo."}, {"start": "00:40:59", "end": "00:41:04", "text": ">> Okay."}, {"start": "00:41:02", "end": "00:41:06", "text": "Enzo Pompiano. I like it. Uh"}, {"start": "00:41:04", "end": "00:41:07", "text": ">> that was the name I wanted to name one"}, {"start": "00:41:06", "end": "00:41:08", "text": "my kids that, but wasn't allowed."}, {"start": "00:41:07", "end": "00:41:10", "text": ">> Wasn't allowed. There you go. So, you"}, {"start": "00:41:08", "end": "00:41:12", "text": "just named your chief of staff. Um me"}, {"start": "00:41:10", "end": "00:41:14", "text": "and Enzo hanging out."}, {"start": "00:41:12", "end": "00:41:17", "text": "So I asked Jarvis and I said, \"Hey, for"}, {"start": "00:41:14", "end": "00:41:18", "text": "one of the runs that we do overnight, I"}, {"start": "00:41:17", "end": "00:41:20", "text": "don't like what I'm getting. So can you"}, {"start": "00:41:18", "end": "00:41:22", "text": "call all the agents together because"}, {"start": "00:41:20", "end": "00:41:24", "text": "clearly the way I gave it to you to"}, {"start": "00:41:22", "end": "00:41:25", "text": "deliver it did not work. So I'd like to"}, {"start": "00:41:24", "end": "00:41:28", "text": "get everyone to a room so we can go"}, {"start": "00:41:25", "end": "00:41:30", "text": "through this.\" It was I only reason I"}, {"start": "00:41:28", "end": "00:41:33", "text": "did that was because that's the way I"}, {"start": "00:41:30", "end": "00:41:36", "text": "would do it when people worked for me."}, {"start": "00:41:33", "end": "00:41:39", "text": "And what I wanted was I always believe"}, {"start": "00:41:36", "end": "00:41:41", "text": "and I've seen this with with agents too."}, {"start": "00:41:39", "end": "00:41:43", "text": "Actually what started this was the fact"}, {"start": "00:41:41", "end": "00:41:45", "text": "that I do like getting opinions from"}, {"start": "00:41:43", "end": "00:41:46", "text": "Claude from Chhatachi PT from Gemini"}, {"start": "00:41:45", "end": "00:41:49", "text": "from Grock. I like getting different"}, {"start": "00:41:46", "end": "00:41:50", "text": "opinions on the exact same question."}, {"start": "00:41:49", "end": "00:41:54", "text": "That's the way I would manage my people"}, {"start": "00:41:50", "end": "00:41:55", "text": "is I believe that everyone has a"}, {"start": "00:41:54", "end": "00:41:57", "text": "intelligence that is worthwhile as long"}, {"start": "00:41:55", "end": "00:41:59", "text": "as you can get out of them whatever"}, {"start": "00:41:57", "end": "00:42:02", "text": "their thoughts are. It it everyone has"}, {"start": "00:41:59", "end": "00:42:04", "text": "an interesting idea as long as they can"}, {"start": "00:42:02", "end": "00:42:04", "text": "express what they want. particularly"}, {"start": "00:42:04", "end": "00:42:06", "text": "when you're working at a place like"}, {"start": "00:42:04", "end": "00:42:08", "text": "Morgan Stanley or a hedge fund where"}, {"start": "00:42:06", "end": "00:42:10", "text": "everyone's educated, but some people may"}, {"start": "00:42:08", "end": "00:42:12", "text": "be more quiet. They might be worried"}, {"start": "00:42:10", "end": "00:42:13", "text": "that they're going to sound dumb. But I"}, {"start": "00:42:12", "end": "00:42:15", "text": "always wanted to be a leader that wanted"}, {"start": "00:42:13", "end": "00:42:16", "text": "to hear those opinions because my goal"}, {"start": "00:42:15", "end": "00:42:18", "text": "was to get as many independent thoughts"}, {"start": "00:42:16", "end": "00:42:20", "text": "as possible. And I always thought what I"}, {"start": "00:42:18", "end": "00:42:22", "text": "was good at and the reason I rose to the"}, {"start": "00:42:20", "end": "00:42:24", "text": "level I did is because if you give me a"}, {"start": "00:42:22", "end": "00:42:25", "text": "hundred things in there, I'm pretty good"}, {"start": "00:42:24", "end": "00:42:27", "text": "at filtering out the 90 that I can get"}, {"start": "00:42:25", "end": "00:42:29", "text": "away and then leave the 10 and connect"}, {"start": "00:42:27", "end": "00:42:32", "text": "those into a systems approach to an"}, {"start": "00:42:29", "end": "00:42:34", "text": "answer. uh it doesn't mean it's always"}, {"start": "00:42:32", "end": "00:42:36", "text": "right, but it's the approach that worked"}, {"start": "00:42:34", "end": "00:42:37", "text": "for me. Well, with the staff meeting"}, {"start": "00:42:36", "end": "00:42:39", "text": "with the agents, it worked exactly the"}, {"start": "00:42:37", "end": "00:42:41", "text": "way I would want. So, I I think people"}, {"start": "00:42:39", "end": "00:42:43", "text": "need to use it if for no other reason,"}, {"start": "00:42:41", "end": "00:42:45", "text": "just to solve problems, but also to help"}, {"start": "00:42:43", "end": "00:42:47", "text": "them think."}, {"start": "00:42:45", "end": "00:42:49", "text": "People don't accept the fact that"}, {"start": "00:42:47", "end": "00:42:52", "text": "especially with agents and maybe because"}, {"start": "00:42:49", "end": "00:42:54", "text": "I was doing the use all the models"}, {"start": "00:42:52", "end": "00:42:56", "text": "thing,"}, {"start": "00:42:54", "end": "00:42:59", "text": "I believe school ruined people's brains"}, {"start": "00:42:56", "end": "00:43:02", "text": ">> 100%. I don't think listening to one"}, {"start": "00:42:59", "end": "00:43:03", "text": "person's opinion in one book is a good"}, {"start": "00:43:02", "end": "00:43:05", "text": "way to learn. I think finding a topic"}, {"start": "00:43:03", "end": "00:43:08", "text": "that you're interested in and having"}, {"start": "00:43:05", "end": "00:43:10", "text": "seven different authors give you their"}, {"start": "00:43:08", "end": "00:43:11", "text": "opinion on that and then you go through"}, {"start": "00:43:10", "end": "00:43:13", "text": "the bits and pieces is a much better way"}, {"start": "00:43:11", "end": "00:43:15", "text": "to learn. It's not even a question to"}, {"start": "00:43:13", "end": "00:43:16", "text": "me. Um it's why people I think are"}, {"start": "00:43:15", "end": "00:43:18", "text": "having a hard time with like the"}, {"start": "00:43:16", "end": "00:43:20", "text": "interest rate thing. Most of them are"}, {"start": "00:43:18", "end": "00:43:21", "text": "biased. The same people who say AI is a"}, {"start": "00:43:20", "end": "00:43:22", "text": "bubble, they're saying interest rates"}, {"start": "00:43:21", "end": "00:43:23", "text": "are going to collapse the economy and"}, {"start": "00:43:22", "end": "00:43:26", "text": "you're going to lose money in the stocks"}, {"start": "00:43:23", "end": "00:43:28", "text": "and this is all like it's the same exact"}, {"start": "00:43:26", "end": "00:43:30", "text": "story. So why listen to all of those"}, {"start": "00:43:28", "end": "00:43:32", "text": "people? Fine, listen to five of them,"}, {"start": "00:43:30", "end": "00:43:33", "text": "but then find five people who don't"}, {"start": "00:43:32", "end": "00:43:35", "text": "believe rates matter and then you make"}, {"start": "00:43:33", "end": "00:43:38", "text": "your own decision based on what's gone"}, {"start": "00:43:35", "end": "00:43:39", "text": "on. That is the point of the AI agents"}, {"start": "00:43:38", "end": "00:43:41", "text": "is to me, you're getting different"}, {"start": "00:43:39", "end": "00:43:43", "text": "opinions thrown at you and it's forcing"}, {"start": "00:43:41", "end": "00:43:46", "text": "you to take those different opinions and"}, {"start": "00:43:43", "end": "00:43:47", "text": "create your own thought. That is the"}, {"start": "00:43:46", "end": "00:43:49", "text": "most important part I think of"}, {"start": "00:43:47", "end": "00:43:50", "text": "developing your brain to be both the"}, {"start": "00:43:49", "end": "00:43:52", "text": "critical thinker but also to start to"}, {"start": "00:43:50", "end": "00:43:54", "text": "take advantage of AI is to have these"}, {"start": "00:43:52", "end": "00:43:56", "text": "conversations because you learn by the"}, {"start": "00:43:54", "end": "00:43:58", "text": "questions asked you but also by the"}, {"start": "00:43:56", "end": "00:44:00", "text": "opinions that other people have and most"}, {"start": "00:43:58", "end": "00:44:01", "text": "people kind of live in that same box of"}, {"start": "00:44:00", "end": "00:44:02", "text": "this is what I know and I don't want to"}, {"start": "00:44:01", "end": "00:44:04", "text": "get out of there. This gives you a"}, {"start": "00:44:02", "end": "00:44:06", "text": "chance to be broad and just ask as many"}, {"start": "00:44:04", "end": "00:44:08", "text": "questions you have but let the agents"}, {"start": "00:44:06", "end": "00:44:10", "text": "give all of their views to you."}, {"start": "00:44:08", "end": "00:44:11", "text": ">> I have two things. One, Enzo and Jarvis"}, {"start": "00:44:10", "end": "00:44:13", "text": "should hold a meeting. I think they"}, {"start": "00:44:11", "end": "00:44:15", "text": "would have a great conversation."}, {"start": "00:44:13", "end": "00:44:17", "text": "um they probably would tell on us, you"}, {"start": "00:44:15", "end": "00:44:18", "text": "know, they they would uh all of a sudden"}, {"start": "00:44:17", "end": "00:44:21", "text": "we'd be like, \"Hey, stop stop telling"}, {"start": "00:44:18", "end": "00:44:23", "text": "that about me.\" Um second is uh we we"}, {"start": "00:44:21", "end": "00:44:25", "text": "have a CEO of one of our companies who"}, {"start": "00:44:23", "end": "00:44:28", "text": "uh recently was uh expressing that they"}, {"start": "00:44:25", "end": "00:44:30", "text": "had some issues um and they felt like"}, {"start": "00:44:28", "end": "00:44:33", "text": "they were giving uh uh direction or"}, {"start": "00:44:30", "end": "00:44:34", "text": "delegation and the work wasn't being"}, {"start": "00:44:33", "end": "00:44:36", "text": "done the way that they wanted it to be."}, {"start": "00:44:34", "end": "00:44:38", "text": "Not qualitywise, but just like it wasn't"}, {"start": "00:44:36", "end": "00:44:40", "text": "actually being executed. And so I asked"}, {"start": "00:44:38", "end": "00:44:42", "text": "them to pull up, hey, let me uh let me"}, {"start": "00:44:40", "end": "00:44:44", "text": "see kind of how did you give the"}, {"start": "00:44:42", "end": "00:44:46", "text": "directions? And it was the way that you"}, {"start": "00:44:44", "end": "00:44:48", "text": "would expect like a almost uh a person"}, {"start": "00:44:46", "end": "00:44:51", "text": "to text, you know, like a friend, right?"}, {"start": "00:44:48", "end": "00:44:54", "text": "It was kind of"}, {"start": "00:44:51", "end": "00:44:56", "text": "comment comment comment comment. And uh"}, {"start": "00:44:54", "end": "00:44:58", "text": "I said to them, I said, um, can you pull"}, {"start": "00:44:56", "end": "00:45:01", "text": "up, you know, chat GPT or claude or"}, {"start": "00:44:58", "end": "00:45:04", "text": "whatever you use? Let me see one of uh"}, {"start": "00:45:01", "end": "00:45:05", "text": "your last uh prompts. And it was"}, {"start": "00:45:04", "end": "00:45:07", "text": "exactly, you know, you are a world"}, {"start": "00:45:05", "end": "00:45:09", "text": "expert at blah blah whatever I want you"}, {"start": "00:45:07", "end": "00:45:12", "text": "to. And I said, ' Listen, um, I think"}, {"start": "00:45:09", "end": "00:45:13", "text": "that you should talk to the humans the"}, {"start": "00:45:12", "end": "00:45:15", "text": "way you talk to the machine because you"}, {"start": "00:45:13", "end": "00:45:17", "text": "give excellent instructions in the"}, {"start": "00:45:15", "end": "00:45:18", "text": "prompt to the machine because you know"}, {"start": "00:45:17", "end": "00:45:20", "text": "that if you don't do it that way, it's"}, {"start": "00:45:18", "end": "00:45:23", "text": "not going to give you the result you"}, {"start": "00:45:20", "end": "00:45:25", "text": "want. You're prompting a human on, you"}, {"start": "00:45:23", "end": "00:45:28", "text": "know, in this message and it looks like,"}, {"start": "00:45:25", "end": "00:45:30", "text": "you know, it's all scattered."}, {"start": "00:45:28", "end": "00:45:32", "text": ">> So my takeaway is you're talking about a"}, {"start": "00:45:30", "end": "00:45:34", "text": "staff meeting like managing the agents"}, {"start": "00:45:32", "end": "00:45:37", "text": "actually makes you a better manager of"}, {"start": "00:45:34", "end": "00:45:39", "text": "humans. the way you prompt the agents"}, {"start": "00:45:37", "end": "00:45:41", "text": "makes you better at communicating. Like"}, {"start": "00:45:39", "end": "00:45:42", "text": "we're in this weird world where there's"}, {"start": "00:45:41", "end": "00:45:44", "text": "actually a lot of overlap. And I think"}, {"start": "00:45:42", "end": "00:45:47", "text": "that the more people adopt AI, the"}, {"start": "00:45:44", "end": "00:45:49", "text": "better it makes them in interfacing, you"}, {"start": "00:45:47", "end": "00:45:50", "text": "know, in building companies and products"}, {"start": "00:45:49", "end": "00:45:52", "text": "with humans as well because you're"}, {"start": "00:45:50", "end": "00:45:54", "text": "you're having to have such clarity of"}, {"start": "00:45:52", "end": "00:45:56", "text": "thought with the machines that you need"}, {"start": "00:45:54", "end": "00:45:58", "text": "to bring over to the humans."}, {"start": "00:45:56", "end": "00:46:01", "text": ">> I mean, you you you hit on a ton there"}, {"start": "00:45:58", "end": "00:46:04", "text": "um in terms of getting people to I'll"}, {"start": "00:46:01", "end": "00:46:05", "text": "just take a general thing. Embrace AI."}, {"start": "00:46:04", "end": "00:46:08", "text": "It will make you smarter. It will save"}, {"start": "00:46:05", "end": "00:46:09", "text": "you time. By saving you time, you have"}, {"start": "00:46:08", "end": "00:46:10", "text": "the opportunity to be even smarter"}, {"start": "00:46:09", "end": "00:46:12", "text": "because you can go through it. I was"}, {"start": "00:46:10", "end": "00:46:14", "text": "telling a story at the the the dinner"}, {"start": "00:46:12", "end": "00:46:17", "text": "party, which is a true story. I left"}, {"start": "00:46:14", "end": "00:46:18", "text": "yoga this week and I went on to X and"}, {"start": "00:46:17", "end": "00:46:20", "text": "before I went,"}, {"start": "00:46:18", "end": "00:46:23", "text": ">> as people do, yoga to X."}, {"start": "00:46:20", "end": "00:46:27", "text": ">> Yeah. I I before I went into yoga"}, {"start": "00:46:23", "end": "00:46:29", "text": "in the list that I look at macro-wise,"}, {"start": "00:46:27", "end": "00:46:30", "text": "my pattern recognition just said, okay,"}, {"start": "00:46:29", "end": "00:46:32", "text": "the number one topic of the day that"}, {"start": "00:46:30", "end": "00:46:34", "text": "people are trying to get people to freak"}, {"start": "00:46:32", "end": "00:46:36", "text": "out about is rates. So that's why a lot"}, {"start": "00:46:34", "end": "00:46:38", "text": "of the stuff this week was raised. When"}, {"start": "00:46:36", "end": "00:46:40", "text": "I came out, it was the same thing. So I"}, {"start": "00:46:38", "end": "00:46:42", "text": "immediately got on my AirPods and I had"}, {"start": "00:46:40", "end": "00:46:43", "text": "about a 20-minute walk back to my"}, {"start": "00:46:42", "end": "00:46:45", "text": "apartment and I started talking to Chad"}, {"start": "00:46:43", "end": "00:46:48", "text": "GPT and I said, \"All right, I I'm going"}, {"start": "00:46:45", "end": "00:46:50", "text": "to write a paper.\" Um, and I want to I"}, {"start": "00:46:48", "end": "00:46:53", "text": "want to come up with an analogy. So this"}, {"start": "00:46:50", "end": "00:46:56", "text": "is where my head is. This rate thing"}, {"start": "00:46:53", "end": "00:46:57", "text": "because of the fact that"}, {"start": "00:46:56", "end": "00:47:01", "text": "rates are not going to have as big of"}, {"start": "00:46:57", "end": "00:47:03", "text": "impact as they've had. I want to kind of"}, {"start": "00:47:01", "end": "00:47:05", "text": "give an analogy to people to understand"}, {"start": "00:47:03", "end": "00:47:07", "text": "that just because a chart looks like"}, {"start": "00:47:05", "end": "00:47:08", "text": "it's at all-time highs doesn't mean the"}, {"start": "00:47:07", "end": "00:47:10", "text": "world's going to end. So, let's go"}, {"start": "00:47:08", "end": "00:47:12", "text": "through and it asked me some questions."}, {"start": "00:47:10", "end": "00:47:13", "text": "Do you want to use a song as analogy? Do"}, {"start": "00:47:12", "end": "00:47:15", "text": "you want to use? And I finally came back"}, {"start": "00:47:13", "end": "00:47:17", "text": "and said, \"Let's go for a movie.\" And"}, {"start": "00:47:15", "end": "00:47:21", "text": "the movie that it brought back for the"}, {"start": "00:47:17", "end": "00:47:23", "text": "analogy was the Blair Witch Project."}, {"start": "00:47:21", "end": "00:47:25", "text": "And I asked why it thought that was a"}, {"start": "00:47:23", "end": "00:47:28", "text": "good one. And it literally said because"}, {"start": "00:47:25", "end": "00:47:30", "text": "you and I had described the scenario,"}, {"start": "00:47:28", "end": "00:47:31", "text": "the part that the nuance that it got was"}, {"start": "00:47:30", "end": "00:47:34", "text": "not just the macro side of rates going"}, {"start": "00:47:31", "end": "00:47:38", "text": "higher. It was the fact that this was"}, {"start": "00:47:34", "end": "00:47:39", "text": "being thrown through X to scare people"}, {"start": "00:47:38", "end": "00:47:42", "text": "cuz the majority of people I mentioned"}, {"start": "00:47:39", "end": "00:47:43", "text": "were people that were always bearish."}, {"start": "00:47:42", "end": "00:47:45", "text": "And it said, well, the Blair Witch"}, {"start": "00:47:43", "end": "00:47:45", "text": "Project, you remember the movie, right?"}, {"start": "00:47:45", "end": "00:47:47", "text": ">> Oh, yeah."}, {"start": "00:47:45", "end": "00:47:48", "text": ">> So, there's two things about it. One,"}, {"start": "00:47:47", "end": "00:47:50", "text": ">> handheld cameras,"}, {"start": "00:47:48", "end": "00:47:52", "text": ">> $60,000 budget, one of the best"}, {"start": "00:47:50", "end": "00:47:53", "text": "performing movies ever return wise. And"}, {"start": "00:47:52", "end": "00:47:55", "text": "it's the movie I've actually written the"}, {"start": "00:47:53", "end": "00:47:57", "text": "most about on my own for this exact"}, {"start": "00:47:55", "end": "00:47:58", "text": "reason, which is"}, {"start": "00:47:57", "end": "00:48:00", "text": ">> it scared people. Nothing actually"}, {"start": "00:47:58", "end": "00:48:02", "text": "happened. So, it's a brilliant like"}, {"start": "00:48:00", "end": "00:48:04", "text": "movie of nothing happened, but you're"}, {"start": "00:48:02", "end": "00:48:05", "text": "living on the edge of something's going"}, {"start": "00:48:04", "end": "00:48:07", "text": "to happen, but nothing ever happens, but"}, {"start": "00:48:05", "end": "00:48:08", "text": "it feels like it is based on the camera"}, {"start": "00:48:07", "end": "00:48:11", "text": "and all this,"}, {"start": "00:48:08", "end": "00:48:14", "text": ">> but we all forget probably the fact that"}, {"start": "00:48:11", "end": "00:48:16", "text": "this was media hyped. They made it they"}, {"start": "00:48:14", "end": "00:48:19", "text": "made everyone think this was real. Mhm."}, {"start": "00:48:16", "end": "00:48:21", "text": ">> So in social media and in the internet,"}, {"start": "00:48:19", "end": "00:48:22", "text": "they kind of said that this was like a"}, {"start": "00:48:21", "end": "00:48:25", "text": "true story. So people went into the"}, {"start": "00:48:22", "end": "00:48:27", "text": "movie believing it was real and nothing"}, {"start": "00:48:25", "end": "00:48:28", "text": "and then when they saw the movie,"}, {"start": "00:48:27", "end": "00:48:30", "text": "nothing happened. You didn't really find"}, {"start": "00:48:28", "end": "00:48:33", "text": "out unless you did the research. So it"}, {"start": "00:48:30", "end": "00:48:34", "text": "was a manipulated story that got you"}, {"start": "00:48:33", "end": "00:48:36", "text": "scary. And that's what it came up with"}, {"start": "00:48:34", "end": "00:48:38", "text": "the analogy. And I thought it was the"}, {"start": "00:48:36", "end": "00:48:39", "text": "exact analogy for both parts of it,"}, {"start": "00:48:38", "end": "00:48:42", "text": "which is, oh, the chart's going higher."}, {"start": "00:48:39", "end": "00:48:44", "text": "This is scary like that. and I'm writing"}, {"start": "00:48:42", "end": "00:48:46", "text": "this stuff to be scary just in terms of"}, {"start": "00:48:44", "end": "00:48:49", "text": "putting in social media."}, {"start": "00:48:46", "end": "00:48:51", "text": "That's how I learn. Meaning, it's much"}, {"start": "00:48:49", "end": "00:48:52", "text": "easier for people to understand why the"}, {"start": "00:48:51", "end": "00:48:54", "text": "rate thing is there. What are you"}, {"start": "00:48:52", "end": "00:48:56", "text": "actually scared of? Like you hear rates"}, {"start": "00:48:54", "end": "00:48:58", "text": "are going higher. And I know this is the"}, {"start": "00:48:56", "end": "00:49:00", "text": "majority of people posting an X who have"}, {"start": "00:48:58", "end": "00:49:02", "text": "never traded and or at least traded"}, {"start": "00:49:00", "end": "00:49:04", "text": "macro. It's like what is the difference"}, {"start": "00:49:02", "end": "00:49:07", "text": "between four and three/4ers and five in"}, {"start": "00:49:04", "end": "00:49:10", "text": "your head? So far this year, the TLT,"}, {"start": "00:49:07", "end": "00:49:14", "text": "which is the ETF for the 20 plus years,"}, {"start": "00:49:10", "end": "00:49:17", "text": "it's down 3% this year in total return."}, {"start": "00:49:14", "end": "00:49:18", "text": "In 2022, it was down over 30, but"}, {"start": "00:49:17", "end": "00:49:20", "text": "everyone's acting like this is some"}, {"start": "00:49:18", "end": "00:49:23", "text": "major thing. And the fact that the NEI"}, {"start": "00:49:20", "end": "00:49:25", "text": "with rates going up another over 100"}, {"start": "00:49:23", "end": "00:49:28", "text": "basis points on 30-year yields is still"}, {"start": "00:49:25", "end": "00:49:31", "text": "up 70% year-over-year. So, that is how"}, {"start": "00:49:28", "end": "00:49:34", "text": "like by using AI, I think it teaches you"}, {"start": "00:49:31", "end": "00:49:35", "text": "to, hey, am I worrying about this or not"}, {"start": "00:49:34", "end": "00:49:37", "text": "worrying it? Should I be worried about"}, {"start": "00:49:35", "end": "00:49:38", "text": "it? Go ask it. Get the facts. Don't just"}, {"start": "00:49:37", "end": "00:49:40", "text": "read something someone posts and then go"}, {"start": "00:49:38", "end": "00:49:41", "text": "out and sell your stocks because you're"}, {"start": "00:49:40", "end": "00:49:43", "text": "like, \"This is the boogeyman. It's not"}, {"start": "00:49:41", "end": "00:49:44", "text": "going to matter.\" They'll give you the"}, {"start": "00:49:43", "end": "00:49:45", "text": "history of it. And I think that's where"}, {"start": "00:49:44", "end": "00:49:47", "text": "AI is served as a good thing for people"}, {"start": "00:49:45", "end": "00:49:47", "text": "to go through. And agents make it even"}, {"start": "00:49:47", "end": "00:49:51", "text": "easier."}, {"start": "00:49:47", "end": "00:49:54", "text": ">> I think that um AGI is here. That's my"}, {"start": "00:49:51", "end": "00:49:56", "text": "takeaway from this week with it. When I"}, {"start": "00:49:54", "end": "00:49:57", "text": "saw the Astro stuff, I said, \"Listen,"}, {"start": "00:49:56", "end": "00:50:00", "text": "you you can say whatever you want. You"}, {"start": "00:49:57", "end": "00:50:01", "text": "know, if you go back 10 years ago and"}, {"start": "00:50:00", "end": "00:50:03", "text": "say, \"Hey, this is what it looks like.\""}, {"start": "00:50:01", "end": "00:50:06", "text": "People be like, \"Yeah, it's AGI's here.\""}, {"start": "00:50:03", "end": "00:50:08", "text": "Well, technically um you can make the"}, {"start": "00:50:06", "end": "00:50:10", "text": "argument it is here based on the metrics"}, {"start": "00:50:08", "end": "00:50:12", "text": "and the benchmarks people have used,"}, {"start": "00:50:10", "end": "00:50:14", "text": "which is basically everyone has a"}, {"start": "00:50:12", "end": "00:50:16", "text": "different way of describing it. But"}, {"start": "00:50:14", "end": "00:50:17", "text": "really what it comes down to is when the"}, {"start": "00:50:16", "end": "00:50:20", "text": "intelligence gets to a level that it can"}, {"start": "00:50:17", "end": "00:50:22", "text": "replace all"}, {"start": "00:50:20", "end": "00:50:24", "text": "human jobs based on that intelligence"}, {"start": "00:50:22", "end": "00:50:27", "text": "and it did score on that level I think"}, {"start": "00:50:24", "end": "00:50:29", "text": "close to 100. So or it did get 100. I I"}, {"start": "00:50:27", "end": "00:50:32", "text": "it's pretty close. But regardless, that"}, {"start": "00:50:29", "end": "00:50:35", "text": "means we're at a stage and we were at"}, {"start": "00:50:32", "end": "00:50:37", "text": "like I don't even know in the 30s at"}, {"start": "00:50:35", "end": "00:50:38", "text": ">> I can't wait to just like chill,"}, {"start": "00:50:37", "end": "00:50:39", "text": ">> you know? It's going to be awesome. Just"}, {"start": "00:50:38", "end": "00:50:41", "text": "like let the bots do all the work, you"}, {"start": "00:50:39", "end": "00:50:43", "text": "know? Just chill. Maybe we'll go on like"}, {"start": "00:50:41", "end": "00:50:46", "text": "a beach trip. Enzo and Jarvis will be"}, {"start": "00:50:43", "end": "00:50:48", "text": "working their asses off. Like, yeah,"}, {"start": "00:50:46", "end": "00:50:50", "text": "that's great. This is the good part. I"}, {"start": "00:50:48", "end": "00:50:51", "text": "don't know if I said it with you last"}, {"start": "00:50:50", "end": "00:50:53", "text": "week, if I said it at dinners I was at"}, {"start": "00:50:51", "end": "00:50:56", "text": "this week or if I said it on my own on"}, {"start": "00:50:53", "end": "00:50:59", "text": "my own weekly, but um friction is good"}, {"start": "00:50:56", "end": "00:51:01", "text": "right now. The speed is too fast. Um"}, {"start": "00:50:59", "end": "00:51:04", "text": "having"}, {"start": "00:51:01", "end": "00:51:06", "text": "demand be so far for compute above"}, {"start": "00:51:04", "end": "00:51:07", "text": "supply, the fact that we don't have"}, {"start": "00:51:06", "end": "00:51:09", "text": "enough memory, the fact that the data"}, {"start": "00:51:07", "end": "00:51:12", "text": "centers are being pushed back, the fact"}, {"start": "00:51:09", "end": "00:51:15", "text": "all of this stuff to me is good because"}, {"start": "00:51:12", "end": "00:51:17", "text": "I do think the dystopian nature of"}, {"start": "00:51:15", "end": "00:51:19", "text": "things going too fast would be an issue."}, {"start": "00:51:17", "end": "00:51:22", "text": "I've heard a lot of very smart people"}, {"start": "00:51:19", "end": "00:51:25", "text": "who I listen to regularly on podcast"}, {"start": "00:51:22", "end": "00:51:26", "text": "in my opinion go too far to talk about"}, {"start": "00:51:25", "end": "00:51:28", "text": "well humanoids are going to be you know"}, {"start": "00:51:26", "end": "00:51:31", "text": "they'll be you'll see them driving cars"}, {"start": "00:51:28", "end": "00:51:35", "text": "in a year and this and that and I I just"}, {"start": "00:51:31", "end": "00:51:37", "text": "think the adoption of"}, {"start": "00:51:35", "end": "00:51:39", "text": "especially the physical AI side is going"}, {"start": "00:51:37", "end": "00:51:42", "text": "to take uh is going to take long more"}, {"start": "00:51:39", "end": "00:51:44", "text": "than the capability which means it's"}, {"start": "00:51:42", "end": "00:51:46", "text": "good for humans because this will be in"}, {"start": "00:51:44", "end": "00:51:48", "text": "the jobs like in the factories and this"}, {"start": "00:51:46", "end": "00:51:49", "text": "will be in places and then eventually it"}, {"start": "00:51:48", "end": "00:51:51", "text": "will be in the cars but it'll be in the"}, {"start": "00:51:49", "end": "00:51:53", "text": "trucks and the places that you know"}, {"start": "00:51:51", "end": "00:51:55", "text": "would be a good place to have really"}, {"start": "00:51:53", "end": "00:51:58", "text": "good drivers that are not on some time"}, {"start": "00:51:55", "end": "00:52:00", "text": "limit and need to sleep because that"}, {"start": "00:51:58", "end": "00:52:02", "text": "kind of stuff I think is going to be"}, {"start": "00:52:00", "end": "00:52:04", "text": "it's going to be good. So, you know, I"}, {"start": "00:52:02", "end": "00:52:06", "text": "want to make sure people realize that"}, {"start": "00:52:04", "end": "00:52:08", "text": "one of the problems I've I've always had"}, {"start": "00:52:06", "end": "00:52:12", "text": "with crypto is that people make it"}, {"start": "00:52:08", "end": "00:52:14", "text": "binary. It's either yes or no. And uh a"}, {"start": "00:52:12", "end": "00:52:15", "text": "person I used to work with, we we got"}, {"start": "00:52:14", "end": "00:52:17", "text": "together yesterday and he said to me"}, {"start": "00:52:15", "end": "00:52:20", "text": "that the one thing he likes about the"}, {"start": "00:52:17", "end": "00:52:22", "text": "way that I approach crypto for investors"}, {"start": "00:52:20", "end": "00:52:24", "text": "and particularly raas and you and I have"}, {"start": "00:52:22", "end": "00:52:26", "text": "to go on the circuit and start kind of"}, {"start": "00:52:24", "end": "00:52:28", "text": "doing some of these um where we're"}, {"start": "00:52:26", "end": "00:52:30", "text": "talking to big RAIA groups with 200,"}, {"start": "00:52:28", "end": "00:52:32", "text": "300, 400 people. So if there's any of"}, {"start": "00:52:30", "end": "00:52:34", "text": "those events out there, I'm willing to"}, {"start": "00:52:32", "end": "00:52:37", "text": "go. I think you and I should go. I've"}, {"start": "00:52:34", "end": "00:52:40", "text": "kind of termed it as whatever you"}, {"start": "00:52:37", "end": "00:52:42", "text": "believe the probability is that crypto"}, {"start": "00:52:40", "end": "00:52:45", "text": "will have an impact on financially on"}, {"start": "00:52:42", "end": "00:52:47", "text": "the markets. If you have a 0% waiting in"}, {"start": "00:52:45", "end": "00:52:49", "text": "cryp in Bitcoin, then you have to assign"}, {"start": "00:52:47", "end": "00:52:50", "text": "that you have a 0% probability that"}, {"start": "00:52:49", "end": "00:52:52", "text": "crypto is actually going to matter. And"}, {"start": "00:52:50", "end": "00:52:55", "text": "I think 5 to 10 years ago, I think"}, {"start": "00:52:52", "end": "00:52:57", "text": "people could make that argument because"}, {"start": "00:52:55", "end": "00:53:00", "text": "without AI agent in the conversation,"}, {"start": "00:52:57", "end": "00:53:02", "text": "which was not a conversation, it made"}, {"start": "00:53:00", "end": "00:53:04", "text": "sense to me. I think now, forget all the"}, {"start": "00:53:02", "end": "00:53:07", "text": "the debasement stuff and all of that,"}, {"start": "00:53:04", "end": "00:53:10", "text": "agents need to transact in seconds. They"}, {"start": "00:53:07", "end": "00:53:13", "text": "need to transact to do everything and"}, {"start": "00:53:10", "end": "00:53:15", "text": "that's going to happen."}, {"start": "00:53:13", "end": "00:53:16", "text": "The fact that tokenization is here and"}, {"start": "00:53:15", "end": "00:53:17", "text": "it's going to happen. South Korea"}, {"start": "00:53:16", "end": "00:53:19", "text": "announced that they will be fully"}, {"start": "00:53:17", "end": "00:53:22", "text": "tokenized by February of 2027. Like,"}, {"start": "00:53:19", "end": "00:53:23", "text": "this is happening now. We're not at a"}, {"start": "00:53:22", "end": "00:53:25", "text": "point anymore that it should be a 0%"}, {"start": "00:53:23", "end": "00:53:27", "text": "waiting in your portfolio. Of course, it"}, {"start": "00:53:25", "end": "00:53:31", "text": "it should be okay. I think 5% chance."}, {"start": "00:53:27", "end": "00:53:34", "text": "Like in my mind, this is so underowned"}, {"start": "00:53:31", "end": "00:53:36", "text": "at a $3 trillion$4 trillion market cap"}, {"start": "00:53:34", "end": "00:53:38", "text": "relative to $700 trillion in the human"}, {"start": "00:53:36", "end": "00:53:41", "text": "world."}, {"start": "00:53:38", "end": "00:53:42", "text": "We're so far up front. If you take TVs"}, {"start": "00:53:41", "end": "00:53:46", "text": "and you go, \"Hey, we had rabbit ears 50"}, {"start": "00:53:42", "end": "00:53:48", "text": "years ago. And now we have this magic"}, {"start": "00:53:46", "end": "00:53:51", "text": "screen on a wall that has Wi-Fi giving"}, {"start": "00:53:48", "end": "00:53:53", "text": "us a picture that makes us feel like"}, {"start": "00:53:51", "end": "00:53:55", "text": "we're there, but we're still using the"}, {"start": "00:53:53", "end": "00:53:58", "text": "same Swift system and banking system as"}, {"start": "00:53:55", "end": "00:53:59", "text": "50 years ago. It all has to be upgraded."}, {"start": "00:53:58", "end": "00:54:01", "text": "That's why it doesn't matter what the"}, {"start": "00:53:59", "end": "00:54:03", "text": "Clarity Act vote is. It matters from a"}, {"start": "00:54:01", "end": "00:54:05", "text": "pension fund investment perspective. It"}, {"start": "00:54:03", "end": "00:54:08", "text": "matters from a credibility perspective"}, {"start": "00:54:05", "end": "00:54:10", "text": "here. But we just be hurting our own"}, {"start": "00:54:08", "end": "00:54:12", "text": "country by not passing it because the"}, {"start": "00:54:10", "end": "00:54:13", "text": "rest of the world is going this route"}, {"start": "00:54:12", "end": "00:54:15", "text": "and we're going to be on tokenization."}, {"start": "00:54:13", "end": "00:54:17", "text": "We're going to be on it. So to get the"}, {"start": "00:54:15", "end": "00:54:19", "text": "money and the capital flowing to own"}, {"start": "00:54:17", "end": "00:54:21", "text": "tokenization as the number one place"}, {"start": "00:54:19", "end": "00:54:24", "text": "where we need to have capital for the"}, {"start": "00:54:21", "end": "00:54:26", "text": "compute and the build out of AI, I think"}, {"start": "00:54:24", "end": "00:54:28", "text": "everyone who's a politician and everyone"}, {"start": "00:54:26", "end": "00:54:30", "text": "who's an investor needs to realize"}, {"start": "00:54:28", "end": "00:54:32", "text": "there's no way to stop this. It's going"}, {"start": "00:54:30", "end": "00:54:33", "text": "to happen. So you can't have a 0%"}, {"start": "00:54:32", "end": "00:54:36", "text": "waiting as an investor that is truly"}, {"start": "00:54:33", "end": "00:54:37", "text": "diversified in crypto. You need to have"}, {"start": "00:54:36", "end": "00:54:39", "text": "something in there and you should stop"}, {"start": "00:54:37", "end": "00:54:41", "text": "thinking of it's binary. It's either"}, {"start": "00:54:39", "end": "00:54:45", "text": "worth something or not. It may not be"}, {"start": "00:54:41", "end": "00:54:47", "text": "worth a million Bitcoin, but it's worth"}, {"start": "00:54:45", "end": "00:54:49", "text": "something the same way that Ford is"}, {"start": "00:54:47", "end": "00:54:50", "text": "worth something in the S&P 500. It's not"}, {"start": "00:54:49", "end": "00:54:52", "text": "Nvidia, but it's something. So, within a"}, {"start": "00:54:50", "end": "00:54:53", "text": "diversified portfolio, I think people"}, {"start": "00:54:52", "end": "00:54:55", "text": "need to start realizing that the"}, {"start": "00:54:53", "end": "00:54:56", "text": "system's changing and agents are the"}, {"start": "00:54:55", "end": "00:54:58", "text": "main reason why."}, {"start": "00:54:56", "end": "00:55:00", "text": ">> Could not agree more. All right, ladies"}, {"start": "00:54:58", "end": "00:55:01", "text": "and gentlemen, that's it for today."}, {"start": "00:55:00", "end": "00:55:04", "text": "Please make sure you subscribe to this"}, {"start": "00:55:01", "end": "00:55:06", "text": "channel. Go watch Jord's video tomorrow."}, {"start": "00:55:04", "end": "00:55:08", "text": "Sign up for Sylvia in the pinned"}, {"start": "00:55:06", "end": "00:55:10", "text": "comment. See all of you next time. See"}, {"start": "00:55:08", "end": "00:55:10", "text": "you later."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "If you want to destroy a city, the only"}, {"start": "00:00:01", "end": "00:00:06", "text": "thing more effective than carpet bombing"}, {"start": "00:00:03", "end": "00:00:09", "text": "is rent control. You saw rent control"}, {"start": "00:00:06", "end": "00:00:10", "text": "for decades degrading the value of"}, {"start": "00:00:09", "end": "00:00:12", "text": "multif family buildings all over New"}, {"start": "00:00:10", "end": "00:00:14", "text": "York City to the point where the owners"}, {"start": "00:00:12", "end": "00:00:15", "text": "were so desperate that some of them did"}, {"start": "00:00:14", "end": "00:00:17", "text": "things that were pretty unethical. There"}, {"start": "00:00:15", "end": "00:00:18", "text": "were people who were burning down their"}, {"start": "00:00:17", "end": "00:00:19", "text": "apartment buildings in the hope that"}, {"start": "00:00:18", "end": "00:00:21", "text": "they could get an insurance settlement"}, {"start": "00:00:19", "end": "00:00:23", "text": "out of it. It was completely crazy. The"}, {"start": "00:00:21", "end": "00:00:25", "text": "city wound up taking over a bunch of"}, {"start": "00:00:23", "end": "00:00:27", "text": "properties because these were buildings"}, {"start": "00:00:25", "end": "00:00:29", "text": "that could not pay their property taxes."}, {"start": "00:00:27", "end": "00:00:31", "text": "Then they started handing them back to"}, {"start": "00:00:29", "end": "00:00:32", "text": "private landlords. Oftentimes"}, {"start": "00:00:31", "end": "00:00:35", "text": "immigrants, often times people were"}, {"start": "00:00:32", "end": "00:00:35", "text": "scrappy, wanted to build wealth."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Bitcoin in my view it is as important by"}, {"start": "00:00:03", "end": "00:00:09", "text": "the way as the invention of [music] gold"}, {"start": "00:00:05", "end": "00:00:11", "text": "remains the cyberpunk story of a store"}, {"start": "00:00:09", "end": "00:00:13", "text": "of value that is disconnected from"}, {"start": "00:00:11", "end": "00:00:15", "text": "government represents [music]"}, {"start": "00:00:13", "end": "00:00:19", "text": "you know the libertarian and freedom"}, {"start": "00:00:15", "end": "00:00:21", "text": "views gold was the reason ships started"}, {"start": "00:00:19", "end": "00:00:23", "text": "sailing across the globe and villages"}, {"start": "00:00:21", "end": "00:00:25", "text": "and countries later on could communicate"}, {"start": "00:00:23", "end": "00:00:27", "text": "with one another because it's a for"}, {"start": "00:00:25", "end": "00:00:29", "text": "money is a form of communication right"}, {"start": "00:00:27", "end": "00:00:31", "text": "so when we have shared values me and you"}, {"start": "00:00:29", "end": "00:00:33", "text": "we can communicate better when you have"}, {"start": "00:00:31", "end": "00:00:35", "text": "zero [music] shared value with someone."}, {"start": "00:00:33", "end": "00:00:38", "text": "Shared economic value is really the"}, {"start": "00:00:35", "end": "00:00:39", "text": "basis of any economic [music]"}, {"start": "00:00:38", "end": "00:00:42", "text": "infrastructure and I think gold was that"}, {"start": "00:00:39", "end": "00:00:45", "text": "invention and Bitcoin is replacing that"}, {"start": "00:00:42", "end": "00:00:45", "text": "as the a digital form."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Hey everyone, and thanks for jumping"}, {"start": "00:00:02", "end": "00:00:06", "text": "back into the Forex First."}, {"start": "00:00:04", "end": "00:00:09", "text": "Today, we're going to talk about the US"}, {"start": "00:00:06", "end": "00:00:11", "text": "dollar currency index, one of the most"}, {"start": "00:00:09", "end": "00:00:13", "text": "riveting topics for everyone here. If"}, {"start": "00:00:11", "end": "00:00:14", "text": "you guys like the content, make sure you"}, {"start": "00:00:13", "end": "00:00:16", "text": "subscribe to the channel, give the video"}, {"start": "00:00:14", "end": "00:00:18", "text": "a thumbs up, and also check out the sale"}, {"start": "00:00:16", "end": "00:00:20", "text": "on ITC premium. Link is in the"}, {"start": "00:00:18", "end": "00:00:22", "text": "description below. Also, be sure to get"}, {"start": "00:00:20", "end": "00:00:23", "text": "your ticket to the first Investing"}, {"start": "00:00:22", "end": "00:00:26", "text": "Through the Cycles conference taking"}, {"start": "00:00:23", "end": "00:00:30", "text": "place November 21st. Let's go ahead and"}, {"start": "00:00:26", "end": "00:00:33", "text": "jump in. So, my views on the dollar"}, {"start": "00:00:30", "end": "00:00:35", "text": "remain unchanged. I would be willing to"}, {"start": "00:00:33", "end": "00:00:38", "text": "pivot my view"}, {"start": "00:00:35", "end": "00:00:39", "text": "if the Fed is unwilling to raise rates."}, {"start": "00:00:38", "end": "00:00:42", "text": "However,"}, {"start": "00:00:39", "end": "00:00:45", "text": "I think that the Fed will raise rates"}, {"start": "00:00:42", "end": "00:00:47", "text": "again before the end of the year."}, {"start": "00:00:45", "end": "00:00:50", "text": "I do. And I think there's a chance they"}, {"start": "00:00:47", "end": "00:00:52", "text": "might do it as early as September. And"}, {"start": "00:00:50", "end": "00:00:53", "text": "that's not really a contrarian view at"}, {"start": "00:00:52", "end": "00:00:56", "text": "this point for the Fed to raise rates. I"}, {"start": "00:00:53", "end": "00:00:58", "text": "mean, as of right now, again, I'm going"}, {"start": "00:00:56", "end": "00:01:00", "text": "to be traveling for the next like week"}, {"start": "00:00:58", "end": "00:01:02", "text": "and a half or so. It's currently"}, {"start": "00:01:00", "end": "00:01:04", "text": "September 9th."}, {"start": "00:01:02", "end": "00:01:06", "text": "You're probably watching this video like"}, {"start": "00:01:04", "end": "00:01:08", "text": "many, many days from now"}, {"start": "00:01:06", "end": "00:01:11", "text": "on the public channel."}, {"start": "00:01:08", "end": "00:01:14", "text": "But, the odds as of September 9th for a"}, {"start": "00:01:11", "end": "00:01:16", "text": "rate hike are 60%."}, {"start": "00:01:14", "end": "00:01:17", "text": "If the Fed were to follow through with"}, {"start": "00:01:16", "end": "00:01:19", "text": "this"}, {"start": "00:01:17", "end": "00:01:23", "text": "and actually raise rates, I think you're"}, {"start": "00:01:19", "end": "00:01:26", "text": "going to see the dollar bounce and head"}, {"start": "00:01:23", "end": "00:01:28", "text": "back up. Now, if you zoom in to the"}, {"start": "00:01:26", "end": "00:01:30", "text": "moves by the dollar over the last couple"}, {"start": "00:01:28", "end": "00:01:32", "text": "of lows that have formed, you'll see"}, {"start": "00:01:30", "end": "00:01:34", "text": "there's a pattern, right? It sets a low,"}, {"start": "00:01:32", "end": "00:01:35", "text": "it rallies, it comes back down, and then"}, {"start": "00:01:34", "end": "00:01:38", "text": "goes higher."}, {"start": "00:01:35", "end": "00:01:40", "text": "Okay, again, look. Sets a low, rallies,"}, {"start": "00:01:38", "end": "00:01:44", "text": "comes back down, and then goes higher."}, {"start": "00:01:40", "end": "00:01:46", "text": "Same thing, right? Comes down, rallies,"}, {"start": "00:01:44", "end": "00:01:47", "text": "back down,"}, {"start": "00:01:46", "end": "00:01:49", "text": "higher"}, {"start": "00:01:47", "end": "00:01:50", "text": "in my opinion."}, {"start": "00:01:49", "end": "00:01:52", "text": "This is what I think's going to happen."}, {"start": "00:01:50", "end": "00:01:54", "text": "By the time you're watching this video,"}, {"start": "00:01:52", "end": "00:01:57", "text": "maybe gold or sorry, maybe maybe the"}, {"start": "00:01:54", "end": "00:01:59", "text": "dollar is no longer at 98. You know, I"}, {"start": "00:01:57", "end": "00:02:01", "text": "don't know what it's going to be by the"}, {"start": "00:01:59", "end": "00:02:03", "text": "time I release the video, but I'm trying"}, {"start": "00:02:01", "end": "00:02:05", "text": "to just pre-record a few videos just so"}, {"start": "00:02:03", "end": "00:02:06", "text": "there's something that I'm putting out"}, {"start": "00:02:05", "end": "00:02:08", "text": "while I'm traveling."}, {"start": "00:02:06", "end": "00:02:11", "text": "And things like the dollar don't tend to"}, {"start": "00:02:08", "end": "00:02:13", "text": "be nearly as volatile as other assets"}, {"start": "00:02:11", "end": "00:02:15", "text": "like Bitcoin because Bitcoin's moving,"}, {"start": "00:02:13", "end": "00:02:16", "text": "you know, very very very quickly"}, {"start": "00:02:15", "end": "00:02:18", "text": "sometimes and so it's harder to make"}, {"start": "00:02:16", "end": "00:02:19", "text": "videos on it"}, {"start": "00:02:18", "end": "00:02:21", "text": "when I'm going to be gone."}, {"start": "00:02:19", "end": "00:02:24", "text": "So,"}, {"start": "00:02:21", "end": "00:02:27", "text": "the dollar, the path to me is to head"}, {"start": "00:02:24", "end": "00:02:28", "text": "back up. Okay?"}, {"start": "00:02:27", "end": "00:02:30", "text": "We've talked about this before. If you"}, {"start": "00:02:28", "end": "00:02:32", "text": "look at the the dollar during Trump's"}, {"start": "00:02:30", "end": "00:02:34", "text": "first term and his second term, it's"}, {"start": "00:02:32", "end": "00:02:37", "text": "basically the same path so far, right?"}, {"start": "00:02:34", "end": "00:02:38", "text": "Down for the first year, consolidate,"}, {"start": "00:02:37", "end": "00:02:40", "text": "and then start heading back up. And we"}, {"start": "00:02:38", "end": "00:02:42", "text": "also had a drop in the dollar around"}, {"start": "00:02:40", "end": "00:02:45", "text": "this time during Trump's first term and"}, {"start": "00:02:42", "end": "00:02:48", "text": "you can see that it was only that was on"}, {"start": "00:02:45", "end": "00:02:50", "text": "we're on day 597"}, {"start": "00:02:48", "end": "00:02:51", "text": "indexed to when the administrator or the"}, {"start": "00:02:50", "end": "00:02:54", "text": "new administration"}, {"start": "00:02:51", "end": "00:02:56", "text": "in 2018 the dollar started going up on"}, {"start": "00:02:54", "end": "00:03:01", "text": "day 608."}, {"start": "00:02:56", "end": "00:03:02", "text": "And it went up into the end of the year."}, {"start": "00:03:01", "end": "00:03:06", "text": "I think the same thing's going to"}, {"start": "00:03:02", "end": "00:03:09", "text": "happen. Now, if you were to overlay"}, {"start": "00:03:06", "end": "00:03:13", "text": "interest rates onto the chart for the"}, {"start": "00:03:09", "end": "00:03:15", "text": "dollar, right? What you'll notice"}, {"start": "00:03:13", "end": "00:03:20", "text": "we zoom out here."}, {"start": "00:03:15", "end": "00:03:21", "text": "What you'll notice in 2018, late 2018,"}, {"start": "00:03:20", "end": "00:03:24", "text": "we also"}, {"start": "00:03:21", "end": "00:03:26", "text": "got a rate hike or two."}, {"start": "00:03:24", "end": "00:03:28", "text": "But, it was different because we were in"}, {"start": "00:03:26", "end": "00:03:30", "text": "the middle of a rate hiking cycle. But"}, {"start": "00:03:28", "end": "00:03:32", "text": "still, the dollar was going up. What's"}, {"start": "00:03:30", "end": "00:03:35", "text": "more accurate in my opinion to compare"}, {"start": "00:03:32", "end": "00:03:38", "text": "to is not 2018 in this case, but to go"}, {"start": "00:03:35", "end": "00:03:41", "text": "back in time and find"}, {"start": "00:03:38", "end": "00:03:44", "text": "a rate hiking cycle"}, {"start": "00:03:41", "end": "00:03:47", "text": "followed by a pause followed by a"}, {"start": "00:03:44", "end": "00:03:49", "text": "cutting cycle, and then what happened"}, {"start": "00:03:47", "end": "00:03:50", "text": "when interest rates went back up. That's"}, {"start": "00:03:49", "end": "00:03:53", "text": "what you should look at."}, {"start": "00:03:50", "end": "00:03:56", "text": "Not 2018. So,"}, {"start": "00:03:53", "end": "00:03:59", "text": "the 1990s is our example."}, {"start": "00:03:56", "end": "00:04:01", "text": "Look at what happened."}, {"start": "00:03:59", "end": "00:04:04", "text": "We had the rate hiking cycle."}, {"start": "00:04:01", "end": "00:04:07", "text": "We had the rate cutting cycle."}, {"start": "00:04:04", "end": "00:04:09", "text": "Fed funds rate remains constant."}, {"start": "00:04:07", "end": "00:04:11", "text": "And then we got a rate hike."}, {"start": "00:04:09", "end": "00:04:13", "text": "And you can see on that rate hike and"}, {"start": "00:04:11", "end": "00:04:16", "text": "and right before the rate hike occurred,"}, {"start": "00:04:13", "end": "00:04:18", "text": "the dollar started to explode higher."}, {"start": "00:04:16", "end": "00:04:21", "text": "You see that? It was at like 90 91 just"}, {"start": "00:04:18", "end": "00:04:22", "text": "before the rate hike. And and about a"}, {"start": "00:04:21", "end": "00:04:25", "text": "month or so after the rate hike it was"}, {"start": "00:04:22", "end": "00:04:27", "text": "all the way up at 97."}, {"start": "00:04:25", "end": "00:04:32", "text": "And it actually continued to go up until"}, {"start": "00:04:27", "end": "00:04:32", "text": "the Fed cut rates again. So, I think"}, {"start": "00:04:32", "end": "00:04:38", "text": "the most likely path for the dollar"}, {"start": "00:04:35", "end": "00:04:41", "text": "is what I'm about to draw."}, {"start": "00:04:38", "end": "00:04:41", "text": "Something like this."}, {"start": "00:04:41", "end": "00:04:46", "text": "It finds a low."}, {"start": "00:04:43", "end": "00:04:48", "text": "Sorry. I need to do the uh"}, {"start": "00:04:46", "end": "00:04:50", "text": "It finds a low."}, {"start": "00:04:48", "end": "00:04:53", "text": "It rallies."}, {"start": "00:04:50", "end": "00:04:55", "text": "Comes back down. Something like this."}, {"start": "00:04:53", "end": "00:04:58", "text": "But then eventually"}, {"start": "00:04:55", "end": "00:04:59", "text": "heads back up here."}, {"start": "00:04:58", "end": "00:05:01", "text": "And then from there"}, {"start": "00:04:59", "end": "00:05:04", "text": "you might see it get rejected again."}, {"start": "00:05:01", "end": "00:05:07", "text": "Something like that is what I think will"}, {"start": "00:05:04", "end": "00:05:07", "text": "play out for the dollar."}, {"start": "00:05:07", "end": "00:05:10", "text": "Now,"}, {"start": "00:05:07", "end": "00:05:13", "text": "if the dollar were to take out all these"}, {"start": "00:05:10", "end": "00:05:16", "text": "lows, then I might have to reassess."}, {"start": "00:05:13", "end": "00:05:18", "text": "This pattern does somewhat look like the"}, {"start": "00:05:16", "end": "00:05:20", "text": "Bitcoin dominance pattern to me"}, {"start": "00:05:18", "end": "00:05:22", "text": "uh from"}, {"start": "00:05:20", "end": "00:05:25", "text": "from the prior cycle, right? So, if you"}, {"start": "00:05:22", "end": "00:05:26", "text": "go look at at Bitcoin and you're like,"}, {"start": "00:05:25", "end": "00:05:27", "text": "\"Why is he Why does he always work in"}, {"start": "00:05:26", "end": "00:05:31", "text": "Bitcoin dominance?\" Well, if you look at"}, {"start": "00:05:27", "end": "00:05:33", "text": "at Bitcoin dominance in um"}, {"start": "00:05:31", "end": "00:05:35", "text": "you know, over here, there was a period"}, {"start": "00:05:33", "end": "00:05:37", "text": "where you had three lower lows and then"}, {"start": "00:05:35", "end": "00:05:39", "text": "you had a fourth slightly lower low and"}, {"start": "00:05:37", "end": "00:05:41", "text": "then we were back in business."}, {"start": "00:05:39", "end": "00:05:43", "text": "The reason I don't think this is what's"}, {"start": "00:05:41", "end": "00:05:45", "text": "going to happen and that I think it'll"}, {"start": "00:05:43", "end": "00:05:48", "text": "be a higher low instead is because this"}, {"start": "00:05:45", "end": "00:05:51", "text": "included stable coins, and if you"}, {"start": "00:05:48", "end": "00:05:54", "text": "exclude stable coins from the Bitcoin"}, {"start": "00:05:51", "end": "00:05:57", "text": "dominance chart, which I think is a"}, {"start": "00:05:54", "end": "00:05:58", "text": "relevant exercise to do in order to"}, {"start": "00:05:57", "end": "00:06:01", "text": "truly measure like, you know, what it is"}, {"start": "00:05:58", "end": "00:06:02", "text": "we're we're actually trying to measure,"}, {"start": "00:06:01", "end": "00:06:04", "text": "um"}, {"start": "00:06:02", "end": "00:06:05", "text": "you'll you'll see that it actually looks"}, {"start": "00:06:04", "end": "00:06:07", "text": "completely different, right? So, when"}, {"start": "00:06:05", "end": "00:06:09", "text": "you look at it like this, you'll see"}, {"start": "00:06:07", "end": "00:06:11", "text": "that it was"}, {"start": "00:06:09", "end": "00:06:14", "text": "a higher low."}, {"start": "00:06:11", "end": "00:06:17", "text": "Consolidate and move up. So, I think the"}, {"start": "00:06:14", "end": "00:06:19", "text": "dollar will find a low soon, and then"}, {"start": "00:06:17", "end": "00:06:21", "text": "it'll move up into the rate hike, and"}, {"start": "00:06:19", "end": "00:06:23", "text": "then likely continue to move up until"}, {"start": "00:06:21", "end": "00:06:25", "text": "the Fed cuts rates again. And what that"}, {"start": "00:06:23", "end": "00:06:29", "text": "means is that the dollar is likely going"}, {"start": "00:06:25", "end": "00:06:32", "text": "to come back up to this trend line."}, {"start": "00:06:29", "end": "00:06:36", "text": "So, it'll probably tag it, you know,"}, {"start": "00:06:32", "end": "00:06:39", "text": "maybe in 2027 or 2028 around like 104."}, {"start": "00:06:36", "end": "00:06:41", "text": "104, 105 seems about right."}, {"start": "00:06:39", "end": "00:06:43", "text": "So, that's what I would look for for the"}, {"start": "00:06:41", "end": "00:06:45", "text": "dollar."}, {"start": "00:06:43", "end": "00:06:46", "text": "Gold is already sniffing out this"}, {"start": "00:06:45", "end": "00:06:49", "text": "weakness, right? Gold's already going"}, {"start": "00:06:46", "end": "00:06:50", "text": "down right now to try to find a low"}, {"start": "00:06:49", "end": "00:06:53", "text": "that's and maybe even a higher low to to"}, {"start": "00:06:50", "end": "00:06:54", "text": "print. And I I think the reason gold has"}, {"start": "00:06:53", "end": "00:06:56", "text": "been struggling the last few weeks is"}, {"start": "00:06:54", "end": "00:06:59", "text": "because it knows that this rise in the"}, {"start": "00:06:56", "end": "00:07:02", "text": "dollar is about to start."}, {"start": "00:06:59", "end": "00:07:03", "text": "So, that's my view on the dollar."}, {"start": "00:07:02", "end": "00:07:05", "text": "Uh if you guys like the content, make"}, {"start": "00:07:03", "end": "00:07:07", "text": "sure you subscribe to the channel, give"}, {"start": "00:07:05", "end": "00:07:09", "text": "the video a thumbs up. Um and again,"}, {"start": "00:07:07", "end": "00:07:10", "text": "check out the sale on ITC Premium at"}, {"start": "00:07:09", "end": "00:07:12", "text": "intothecryptoverse.com."}, {"start": "00:07:10", "end": "00:07:13", "text": "Would love to see you guys at the first"}, {"start": "00:07:12", "end": "00:07:17", "text": "Investing Through the Cycles conference"}, {"start": "00:07:13", "end": "00:07:19", "text": "taking place in Miami, uh the week uh"}, {"start": "00:07:17", "end": "00:07:21", "text": "the weekend of November 21st. I will see"}, {"start": "00:07:19", "end": "00:07:23", "text": "you guys, hopefully, there."}, {"start": "00:07:21", "end": "00:07:23", "text": "Bye."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "How often have we only been 8 days away"}, {"start": "00:00:03", "end": "00:00:07", "text": "where the odds of a rate hike versus a"}, {"start": "00:00:05", "end": "00:00:09", "text": "pause or a rate cut, whatever, is a coin"}, {"start": "00:00:07", "end": "00:00:12", "text": "flip. Usually by this point, there's an"}, {"start": "00:00:09", "end": "00:00:15", "text": "80 to 90% observation as to what's going"}, {"start": "00:00:12", "end": "00:00:17", "text": "to happen. So what this means is that"}, {"start": "00:00:15", "end": "00:00:19", "text": "the stakes are higher because we're"}, {"start": "00:00:17", "end": "00:00:22", "text": "getting closer and closer to the event"}, {"start": "00:00:19", "end": "00:00:24", "text": "without any resolution. We don't know"}, {"start": "00:00:22", "end": "00:00:26", "text": "what's going to happen. When this"}, {"start": "00:00:24", "end": "00:00:28", "text": "happens, when we get to higher levels of"}, {"start": "00:00:26", "end": "00:00:31", "text": "uncertainty, it leads to more violent"}, {"start": "00:00:28", "end": "00:00:33", "text": "market reactions in both directions. But"}, {"start": "00:00:31", "end": "00:00:35", "text": "when we're only about a week away and"}, {"start": "00:00:33", "end": "00:00:37", "text": "it's still a coin flip, it means"}, {"start": "00:00:35", "end": "00:00:39", "text": "whatever the resolution is will likely"}, {"start": "00:00:37", "end": "00:00:41", "text": "lead to a more violent impact on the"}, {"start": "00:00:39", "end": "00:00:44", "text": "markets than they otherwise would have,"}, {"start": "00:00:41", "end": "00:00:46", "text": "which is typical, which is a hallmark of"}, {"start": "00:00:44", "end": "00:00:49", "text": "what happens when you have increased"}, {"start": "00:00:46", "end": "00:00:49", "text": "uncertainty occurring."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "The reason why the long end is likely"}, {"start": "00:00:02", "end": "00:00:08", "text": "going up is because the 2-year yield has"}, {"start": "00:00:05", "end": "00:00:11", "text": "been going higher since February and the"}, {"start": "00:00:08", "end": "00:00:14", "text": "Fed has been unwilling to raise rates."}, {"start": "00:00:11", "end": "00:00:19", "text": "simply unwilling to raise rates despite"}, {"start": "00:00:14", "end": "00:00:19", "text": "the data saying that they"}]

[{"start": "00:00:00", "end": "00:00:02", "text": "I would argue this might piss a lot of"}, {"start": "00:00:01", "end": "00:00:04", "text": "people off, but again, I'm just telling"}, {"start": "00:00:02", "end": "00:00:05", "text": "you and I've I said this even earlier. I"}, {"start": "00:00:04", "end": "00:00:07", "text": "said you could have a low as early as"}, {"start": "00:00:05", "end": "00:00:09", "text": "May and the four-year cycle still be"}, {"start": "00:00:07", "end": "00:00:11", "text": "intact. From just the perspective of"}, {"start": "00:00:09", "end": "00:00:13", "text": "what Bitcoin has historically done, it"}, {"start": "00:00:11", "end": "00:00:16", "text": "normally bottoms later in the year. So,"}, {"start": "00:00:13", "end": "00:00:19", "text": "that would go towards bears. However, do"}, {"start": "00:00:16", "end": "00:00:21", "text": "think that the bulls could have a case"}, {"start": "00:00:19", "end": "00:00:23", "text": "by simply pointing to the stock market"}, {"start": "00:00:21", "end": "00:00:24", "text": "and saying, \"Look, has previously gone"}, {"start": "00:00:23", "end": "00:00:26", "text": "through four-year cycles where the low"}, {"start": "00:00:24", "end": "00:00:28", "text": "occurred kind of closer to the"}, {"start": "00:00:26", "end": "00:00:30", "text": "summertime frame.\" So, I'm going to I'm"}, {"start": "00:00:28", "end": "00:00:32", "text": "going to give a point to the bulls as"}, {"start": "00:00:30", "end": "00:00:34", "text": "well in this case because I don't think"}, {"start": "00:00:32", "end": "00:00:36", "text": "we can clearly say beyond a shadow of a"}, {"start": "00:00:34", "end": "00:00:39", "text": "doubt that the four-year cycle would be"}, {"start": "00:00:36", "end": "00:00:41", "text": "dead if we don't go back down. I think"}, {"start": "00:00:39", "end": "00:00:43", "text": "in I know today everyone would say it's"}, {"start": "00:00:41", "end": "00:00:45", "text": "dead, but if you're looking back at this"}, {"start": "00:00:43", "end": "00:00:48", "text": "in 20 years something and you still saw"}, {"start": "00:00:45", "end": "00:00:50", "text": "low in 2014, in 2018, in 2022, in 2026,"}, {"start": "00:00:48", "end": "00:00:51", "text": "are you really going to wring your hands"}, {"start": "00:00:50", "end": "00:00:52", "text": "because it occurred a few months earlier"}, {"start": "00:00:51", "end": "00:00:54", "text": "in the midterm year? Oh, you'll just"}, {"start": "00:00:52", "end": "00:00:55", "text": "say, \"All right, we had a we had a"}, {"start": "00:00:54", "end": "00:00:57", "text": "slightly shorter bear market because we"}, {"start": "00:00:55", "end": "00:00:59", "text": "had an empathetic top, but that the"}, {"start": "00:00:57", "end": "00:01:01", "text": "four-year cycle still played out.\" So, I"}, {"start": "00:00:59", "end": "00:01:01", "text": "still"}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Hey everyone and thanks for jumping back"}, {"start": "00:00:02", "end": "00:00:06", "text": "into the macro verse."}, {"start": "00:00:04", "end": "00:00:08", "text": "Today we're going to talk about the"}, {"start": "00:00:06", "end": "00:00:10", "text": "Federal Reserve and"}, {"start": "00:00:08", "end": "00:00:13", "text": "talk about whether they are making a"}, {"start": "00:00:10", "end": "00:00:15", "text": "mistake or not by currently refusing to"}, {"start": "00:00:13", "end": "00:00:16", "text": "follow the two-year yield. If you guys"}, {"start": "00:00:15", "end": "00:00:18", "text": "like the content, make sure you"}, {"start": "00:00:16", "end": "00:00:20", "text": "subscribe to the channel, give the video"}, {"start": "00:00:18", "end": "00:00:22", "text": "a thumbs up. Also, check out the sale on"}, {"start": "00:00:20", "end": "00:00:24", "text": "into the cryptoverse premium at"}, {"start": "00:00:22", "end": "00:00:26", "text": "intothecryptoverse.com."}, {"start": "00:00:24", "end": "00:00:28", "text": "And as a reminder, to make sure to get"}, {"start": "00:00:26", "end": "00:00:30", "text": "your ticket to the first investing"}, {"start": "00:00:28", "end": "00:00:32", "text": "through the cycles conference that'll be"}, {"start": "00:00:30", "end": "00:00:35", "text": "taking place later on this year in"}, {"start": "00:00:32", "end": "00:00:37", "text": "November in Miami, Florida. So, with"}, {"start": "00:00:35", "end": "00:00:38", "text": "that said,"}, {"start": "00:00:37", "end": "00:00:40", "text": "you know, I told you guys I was going to"}, {"start": "00:00:38", "end": "00:00:42", "text": "be traveling and I am."}, {"start": "00:00:40", "end": "00:00:44", "text": "By the time you're watching this video,"}, {"start": "00:00:42", "end": "00:00:47", "text": "I will be in New Zealand."}, {"start": "00:00:44", "end": "00:00:50", "text": "As of the time of this video, Bitcoin is"}, {"start": "00:00:47", "end": "00:00:52", "text": "trading around $78,000."}, {"start": "00:00:50", "end": "00:00:55", "text": "I couldn't tell you exactly where it's"}, {"start": "00:00:52", "end": "00:00:57", "text": "going to be by the time this video is"}, {"start": "00:00:55", "end": "00:00:59", "text": "released to you. Often times after"}, {"start": "00:00:57", "end": "00:01:01", "text": "golden crosses, Bitcoin drops for a"}, {"start": "00:00:59", "end": "00:01:03", "text": "little while, right? So, that that"}, {"start": "00:01:01", "end": "00:01:06", "text": "typically happens."}, {"start": "00:01:03", "end": "00:01:08", "text": "So, we'll see if if that is is what kind"}, {"start": "00:01:06", "end": "00:01:10", "text": "of manifests as well. And there's times"}, {"start": "00:01:08", "end": "00:01:11", "text": "in the past where it leads to a higher"}, {"start": "00:01:10", "end": "00:01:13", "text": "high after the drop. There's times where"}, {"start": "00:01:11", "end": "00:01:16", "text": "it leads to a lower high after the drop."}, {"start": "00:01:13", "end": "00:01:19", "text": "And that will dictate kind of how how"}, {"start": "00:01:16", "end": "00:01:21", "text": "this mid-term year finalizes by the end"}, {"start": "00:01:19", "end": "00:01:23", "text": "of the fourth quarter."}, {"start": "00:01:21", "end": "00:01:25", "text": "But what I want to talk about is"}, {"start": "00:01:23", "end": "00:01:29", "text": "something that doesn't move typically as"}, {"start": "00:01:25", "end": "00:01:31", "text": "quickly and that is the yields, right?"}, {"start": "00:01:29", "end": "00:01:35", "text": "The 10-year yield is now at at"}, {"start": "00:01:31", "end": "00:01:37", "text": "essentially 4.8%, okay? And we have"}, {"start": "00:01:35", "end": "00:01:39", "text": "talked about this forever that the"}, {"start": "00:01:37", "end": "00:01:43", "text": "yields would likely head back up. And"}, {"start": "00:01:39", "end": "00:01:44", "text": "and the issue is that why So, why are"}, {"start": "00:01:43", "end": "00:01:48", "text": "yields heading up? Why is the long end"}, {"start": "00:01:44", "end": "00:01:51", "text": "going up? If you guys remember back in"}, {"start": "00:01:48", "end": "00:01:54", "text": "2024, 2025, there were a lot of people"}, {"start": "00:01:51", "end": "00:01:56", "text": "that thought that when the Fed cut rates"}, {"start": "00:01:54", "end": "00:01:57", "text": "that that"}, {"start": "00:01:56", "end": "00:01:59", "text": "the long end of the yield curve would go"}, {"start": "00:01:57", "end": "00:02:01", "text": "down"}, {"start": "00:01:59", "end": "00:02:02", "text": "and that mortgage rates would go durably"}, {"start": "00:02:01", "end": "00:02:04", "text": "down."}, {"start": "00:02:02", "end": "00:02:07", "text": "That is simply not true. Think about it"}, {"start": "00:02:04", "end": "00:02:09", "text": "like this. If you were to overlay"}, {"start": "00:02:07", "end": "00:02:12", "text": "interest rates onto the chart"}, {"start": "00:02:09", "end": "00:02:15", "text": "what you'll see is that"}, {"start": "00:02:12", "end": "00:02:17", "text": "the Fed funds rate in 2023 when the"}, {"start": "00:02:15", "end": "00:02:21", "text": "10-year yield hit or sorry, when the"}, {"start": "00:02:17", "end": "00:02:24", "text": "30-year yield hit over 5% the Fed funds"}, {"start": "00:02:21", "end": "00:02:27", "text": "rate was 5 and 1/2%. Today, the Fed"}, {"start": "00:02:24", "end": "00:02:30", "text": "funds rate is 3.75% but yet the 30-year"}, {"start": "00:02:27", "end": "00:02:31", "text": "yield is higher today than it was back"}, {"start": "00:02:30", "end": "00:02:34", "text": "then."}, {"start": "00:02:31", "end": "00:02:35", "text": "Now, I said this back then, right? And I"}, {"start": "00:02:34", "end": "00:02:38", "text": "I I sort of"}, {"start": "00:02:35", "end": "00:02:40", "text": "was debating people on Twitter for"}, {"start": "00:02:38", "end": "00:02:42", "text": "whatever reason about this and trying to"}, {"start": "00:02:40", "end": "00:02:43", "text": "show, \"Look, you know, the Fed directly"}, {"start": "00:02:42", "end": "00:02:45", "text": "controls the short end but they"}, {"start": "00:02:43", "end": "00:02:47", "text": "indirectly control the long end. If"}, {"start": "00:02:45", "end": "00:02:49", "text": "they're not willing to raise rates when"}, {"start": "00:02:47", "end": "00:02:52", "text": "inflation becomes an issue, the long end"}, {"start": "00:02:49", "end": "00:02:55", "text": "can go up even if the Fed funds rate is"}, {"start": "00:02:52", "end": "00:02:58", "text": "lower than it was back then.\" And that's"}, {"start": "00:02:55", "end": "00:03:01", "text": "what's happening. So, why is the Why is"}, {"start": "00:02:58", "end": "00:03:03", "text": "the long end going up?"}, {"start": "00:03:01", "end": "00:03:05", "text": "There's a perfect chart for it, right?"}, {"start": "00:03:03", "end": "00:03:06", "text": "Absolutely perfect chart for it. This"}, {"start": "00:03:05", "end": "00:03:09", "text": "chart right here."}, {"start": "00:03:06", "end": "00:03:10", "text": "The orangeish yellow line is the 2-year"}, {"start": "00:03:09", "end": "00:03:12", "text": "yield."}, {"start": "00:03:10", "end": "00:03:16", "text": "The blue line is the Fed funds rate."}, {"start": "00:03:12", "end": "00:03:17", "text": "Historically, when the the 2-year yield"}, {"start": "00:03:16", "end": "00:03:20", "text": "is going up"}, {"start": "00:03:17", "end": "00:03:22", "text": "the Fed funds rate follows."}, {"start": "00:03:20", "end": "00:03:24", "text": "When the 2-year yield is going down the"}, {"start": "00:03:22", "end": "00:03:26", "text": "Fed funds rate follows."}, {"start": "00:03:24", "end": "00:03:28", "text": "But and even this cycle, right? You can"}, {"start": "00:03:26", "end": "00:03:31", "text": "see the 2-year yield went up and the Fed"}, {"start": "00:03:28", "end": "00:03:33", "text": "funds rate followed."}, {"start": "00:03:31", "end": "00:03:36", "text": "Not always right away, but it does"}, {"start": "00:03:33", "end": "00:03:38", "text": "eventually follow. The reason why the"}, {"start": "00:03:36", "end": "00:03:41", "text": "long end is likely going up is because"}, {"start": "00:03:38", "end": "00:03:43", "text": "the 2-year yield has been going higher"}, {"start": "00:03:41", "end": "00:03:45", "text": "since February"}, {"start": "00:03:43", "end": "00:03:46", "text": "and the Fed has been unwilling to raise"}, {"start": "00:03:45", "end": "00:03:49", "text": "rates."}, {"start": "00:03:46", "end": "00:03:53", "text": "Simply unwilling to raise rates despite"}, {"start": "00:03:49", "end": "00:03:55", "text": "the data saying that they should. And"}, {"start": "00:03:53", "end": "00:03:56", "text": "again, I don't know where the price of"}, {"start": "00:03:55", "end": "00:03:59", "text": "oil is going to be by the time you see"}, {"start": "00:03:56", "end": "00:04:02", "text": "this video, but as of right now, it's"}, {"start": "00:03:59", "end": "00:04:04", "text": "$92 a barrel."}, {"start": "00:04:02", "end": "00:04:05", "text": "You can see that right here, 92."}, {"start": "00:04:04", "end": "00:04:07", "text": "So,"}, {"start": "00:04:05", "end": "00:04:09", "text": "inflation"}, {"start": "00:04:07", "end": "00:04:11", "text": "is still going to remain sticky for a"}, {"start": "00:04:09", "end": "00:04:13", "text": "while because the inflation reports that"}, {"start": "00:04:11", "end": "00:04:15", "text": "you have were mostly pricing in all"}, {"start": "00:04:13", "end": "00:04:17", "text": "these lower prints, but since then we've"}, {"start": "00:04:15", "end": "00:04:20", "text": "been going back up. So, inflation is"}, {"start": "00:04:17", "end": "00:04:22", "text": "likely going to remain a problem, and"}, {"start": "00:04:20", "end": "00:04:23", "text": "the labor market, the unemployment rate"}, {"start": "00:04:22", "end": "00:04:26", "text": "has been trending down"}, {"start": "00:04:23", "end": "00:04:29", "text": "since late 2025."}, {"start": "00:04:26", "end": "00:04:32", "text": "So, there's ample amounts of evidence"}, {"start": "00:04:29", "end": "00:04:34", "text": "that we truly need a rate hike, but yet"}, {"start": "00:04:32", "end": "00:04:36", "text": "the Fed,"}, {"start": "00:04:34", "end": "00:04:40", "text": "perhaps due to political pressure, has"}, {"start": "00:04:36", "end": "00:04:43", "text": "been unwilling to do what the market is"}, {"start": "00:04:40", "end": "00:04:46", "text": "telling them that they should do."}, {"start": "00:04:43", "end": "00:04:48", "text": "And because of that, the bond vigilantes"}, {"start": "00:04:46", "end": "00:04:50", "text": "are revolting."}, {"start": "00:04:48", "end": "00:04:52", "text": "And why shouldn't they? Why should we"}, {"start": "00:04:50", "end": "00:04:54", "text": "believe that they're going to get"}, {"start": "00:04:52", "end": "00:04:55", "text": "inflation under control when we're going"}, {"start": "00:04:54", "end": "00:04:58", "text": "to watch"}, {"start": "00:04:55", "end": "00:04:59", "text": "energy prices skyrocket"}, {"start": "00:04:58", "end": "00:05:00", "text": "again,"}, {"start": "00:04:59", "end": "00:05:03", "text": "and"}, {"start": "00:05:00", "end": "00:05:05", "text": "Kevin Warsh talks a big game about"}, {"start": "00:05:03", "end": "00:05:07", "text": "getting inflation under control, but"}, {"start": "00:05:05", "end": "00:05:10", "text": "what are they actually doing?"}, {"start": "00:05:07", "end": "00:05:13", "text": "Because inflation is kind of popping"}, {"start": "00:05:10", "end": "00:05:16", "text": "back up in a lot of different places,"}, {"start": "00:05:13", "end": "00:05:18", "text": "the labor market is still fine as it"}, {"start": "00:05:16", "end": "00:05:20", "text": "stands right now, but yet because of all"}, {"start": "00:05:18", "end": "00:05:22", "text": "this political pressure from the"}, {"start": "00:05:20", "end": "00:05:24", "text": "presidential administration, they"}, {"start": "00:05:22", "end": "00:05:26", "text": "haven't raised rates."}, {"start": "00:05:24", "end": "00:05:28", "text": "So, the long end has no choice"}, {"start": "00:05:26", "end": "00:05:29", "text": "but to go up."}, {"start": "00:05:28", "end": "00:05:32", "text": "Has no choice."}, {"start": "00:05:29", "end": "00:05:34", "text": "Yes, Treasury Secretary Bessant"}, {"start": "00:05:32", "end": "00:05:36", "text": "announced this, you know, bond buyback"}, {"start": "00:05:34", "end": "00:05:38", "text": "program, but guess what?"}, {"start": "00:05:36", "end": "00:05:40", "text": "Yields are higher now than when they"}, {"start": "00:05:38", "end": "00:05:42", "text": "announced that."}, {"start": "00:05:40", "end": "00:05:45", "text": "So, they can do everything that they"}, {"start": "00:05:42", "end": "00:05:47", "text": "want, but the minute these interventions"}, {"start": "00:05:45", "end": "00:05:49", "text": "start happening,"}, {"start": "00:05:47", "end": "00:05:51", "text": "the market will then test them. Oh,"}, {"start": "00:05:49", "end": "00:05:52", "text": "you'll buy back. You'll do some of the"}, {"start": "00:05:51", "end": "00:05:53", "text": "bond buybacks. All right, let's let's"}, {"start": "00:05:52", "end": "00:05:55", "text": "send the yield higher and let's see how"}, {"start": "00:05:53", "end": "00:05:57", "text": "much you're willing to do."}, {"start": "00:05:55", "end": "00:06:00", "text": "And the market will continue to test"}, {"start": "00:05:57", "end": "00:06:03", "text": "them. The reality is the single best"}, {"start": "00:06:00", "end": "00:06:05", "text": "thing that the Fed could do"}, {"start": "00:06:03", "end": "00:06:08", "text": "to lower the long end of the yield curve"}, {"start": "00:06:05", "end": "00:06:09", "text": "is to show that they actually mean"}, {"start": "00:06:08", "end": "00:06:11", "text": "business when it comes to fighting"}, {"start": "00:06:09", "end": "00:06:14", "text": "inflation. That's what they could do. If"}, {"start": "00:06:11", "end": "00:06:16", "text": "they were to raise rates,"}, {"start": "00:06:14", "end": "00:06:18", "text": "that would go a long way"}, {"start": "00:06:16", "end": "00:06:19", "text": "in terms of or quantitative tightening"}, {"start": "00:06:18", "end": "00:06:21", "text": "again, right? If they were to do"}, {"start": "00:06:19", "end": "00:06:23", "text": "something like that, that would go a"}, {"start": "00:06:21", "end": "00:06:25", "text": "long way into making the consumer"}, {"start": "00:06:23", "end": "00:06:28", "text": "believe they're actually willing to"}, {"start": "00:06:25", "end": "00:06:31", "text": "combat inflation. But if they are"}, {"start": "00:06:28", "end": "00:06:33", "text": "unwilling to do that and they continue"}, {"start": "00:06:31", "end": "00:06:35", "text": "to just operate under this we're going"}, {"start": "00:06:33", "end": "00:06:38", "text": "to wait and see approach, well, you can"}, {"start": "00:06:35", "end": "00:06:39", "text": "wait and see, the Fed can wait and see,"}, {"start": "00:06:38", "end": "00:06:40", "text": "the long end of the yield curve is not"}, {"start": "00:06:39", "end": "00:06:43", "text": "going to wait and see, right? I mean,"}, {"start": "00:06:40", "end": "00:06:44", "text": "while the Fed is waiting and seeing"}, {"start": "00:06:43", "end": "00:06:46", "text": "since February, the long end of the"}, {"start": "00:06:44", "end": "00:06:48", "text": "yield curve just keeps going higher,"}, {"start": "00:06:46", "end": "00:06:51", "text": "which puts pressure"}, {"start": "00:06:48", "end": "00:06:54", "text": "on on on, you know, on risk assets,"}, {"start": "00:06:51", "end": "00:06:55", "text": "right? It puts pressure on them."}, {"start": "00:06:54", "end": "00:06:58", "text": "So,"}, {"start": "00:06:55", "end": "00:07:01", "text": "this is the conundrum for the markets."}, {"start": "00:06:58", "end": "00:07:03", "text": "The thing that the Fed needs to do,"}, {"start": "00:07:01", "end": "00:07:05", "text": "they're unwilling to do. And until"}, {"start": "00:07:03", "end": "00:07:07", "text": "they're willing to do it, we should"}, {"start": "00:07:05", "end": "00:07:08", "text": "expect the long end to go higher. I"}, {"start": "00:07:07", "end": "00:07:09", "text": "don't know what the probabilities are"}, {"start": "00:07:08", "end": "00:07:12", "text": "going to be by the time you see this"}, {"start": "00:07:09", "end": "00:07:14", "text": "video again, but as it stands right now,"}, {"start": "00:07:12", "end": "00:07:17", "text": "the odds of a rate hike in September"}, {"start": "00:07:14", "end": "00:07:19", "text": "only 60%. I've been doing this for a"}, {"start": "00:07:17", "end": "00:07:21", "text": "long, long time now. And we are only at"}, {"start": "00:07:19", "end": "00:07:23", "text": "it's September 8th on the day that I'm"}, {"start": "00:07:21", "end": "00:07:25", "text": "recording this video. You're probably"}, {"start": "00:07:23", "end": "00:07:27", "text": "not going to see this video until like,"}, {"start": "00:07:25", "end": "00:07:30", "text": "you know, September 11th or 12th or"}, {"start": "00:07:27", "end": "00:07:32", "text": "something uh for the public channel."}, {"start": "00:07:30", "end": "00:07:35", "text": "I'll release it to the to the ITC"}, {"start": "00:07:32", "end": "00:07:39", "text": "premium people first, but again, as of"}, {"start": "00:07:35", "end": "00:07:39", "text": "right now, 60%"}, {"start": "00:07:39", "end": "00:07:44", "text": "we are 8 days away."}, {"start": "00:07:42", "end": "00:07:47", "text": "How often have we only been eight days"}, {"start": "00:07:44", "end": "00:07:49", "text": "away where the odds of a rate hike"}, {"start": "00:07:47", "end": "00:07:51", "text": "versus a pause or a rate cut, whatever,"}, {"start": "00:07:49", "end": "00:07:54", "text": "is a coin flip? Usually by this point,"}, {"start": "00:07:51", "end": "00:07:56", "text": "there's an 80 to 90% observation as to"}, {"start": "00:07:54", "end": "00:07:58", "text": "what's going to happen."}, {"start": "00:07:56", "end": "00:08:00", "text": "So, what this means is that the stakes"}, {"start": "00:07:58", "end": "00:08:02", "text": "are higher because we're getting closer"}, {"start": "00:08:00", "end": "00:08:04", "text": "to and closer to the event without any"}, {"start": "00:08:02", "end": "00:08:06", "text": "resolution. We don't know what's going"}, {"start": "00:08:04", "end": "00:08:09", "text": "to happen. When this happens, when we"}, {"start": "00:08:06", "end": "00:08:11", "text": "get to higher levels of uncertainty, it"}, {"start": "00:08:09", "end": "00:08:14", "text": "leads to more violent market reactions"}, {"start": "00:08:11", "end": "00:08:17", "text": "in both directions."}, {"start": "00:08:14", "end": "00:08:18", "text": "So, they took away forward guidance"}, {"start": "00:08:17", "end": "00:08:20", "text": "because that's what Kevin Warsh wants to"}, {"start": "00:08:18", "end": "00:08:22", "text": "do."}, {"start": "00:08:20", "end": "00:08:24", "text": "But, uncertainty is not something the"}, {"start": "00:08:22", "end": "00:08:27", "text": "markets are typically fond of over a"}, {"start": "00:08:24", "end": "00:08:28", "text": "long period of time. They would prefer"}, {"start": "00:08:27", "end": "00:08:30", "text": "to either know if there's a rate hike"}, {"start": "00:08:28", "end": "00:08:32", "text": "coming"}, {"start": "00:08:30", "end": "00:08:34", "text": "or not and just get it over with. Like"}, {"start": "00:08:32", "end": "00:08:36", "text": "like provide some type of forecast on"}, {"start": "00:08:34", "end": "00:08:39", "text": "that so that we can know. But, when"}, {"start": "00:08:36", "end": "00:08:41", "text": "we're only about a week away"}, {"start": "00:08:39", "end": "00:08:43", "text": "and it's still a coin flip, it means"}, {"start": "00:08:41", "end": "00:08:45", "text": "whatever the resolution is will likely"}, {"start": "00:08:43", "end": "00:08:47", "text": "lead to a more violent impact on the"}, {"start": "00:08:45", "end": "00:08:49", "text": "markets than they otherwise would have,"}, {"start": "00:08:47", "end": "00:08:52", "text": "which is typical, which is the hallmark"}, {"start": "00:08:49", "end": "00:08:54", "text": "of what happens when you have increased"}, {"start": "00:08:52", "end": "00:08:55", "text": "uncertainty occurring."}, {"start": "00:08:54", "end": "00:08:58", "text": "So,"}, {"start": "00:08:55", "end": "00:09:00", "text": "is the Fed making a mistake? I believe"}, {"start": "00:08:58", "end": "00:09:03", "text": "they have been making mistake by not"}, {"start": "00:09:00", "end": "00:09:05", "text": "raising rates. At this point, I do think"}, {"start": "00:09:03", "end": "00:09:06", "text": "they should raise rates in September. I"}, {"start": "00:09:05", "end": "00:09:09", "text": "don't know if they need to do more than"}, {"start": "00:09:06", "end": "00:09:10", "text": "that. It you know, 125 basis point rate"}, {"start": "00:09:09", "end": "00:09:11", "text": "hike"}, {"start": "00:09:10", "end": "00:09:13", "text": "might be enough."}, {"start": "00:09:11", "end": "00:09:16", "text": "You know, if you want to look at at"}, {"start": "00:09:13", "end": "00:09:19", "text": "where the two-year yield is, it's"}, {"start": "00:09:16", "end": "00:09:20", "text": "currently again around 4.8%."}, {"start": "00:09:19", "end": "00:09:22", "text": "Um or sorry, no, that's the 10-year"}, {"start": "00:09:20", "end": "00:09:24", "text": "yield. The two-year yield is around"}, {"start": "00:09:22", "end": "00:09:26", "text": "4.3%."}, {"start": "00:09:24", "end": "00:09:28", "text": "A 25 basis point rate hike will get us"}, {"start": "00:09:26", "end": "00:09:30", "text": "back up to 4% close, but not quite"}, {"start": "00:09:28", "end": "00:09:33", "text": "there. Two rate hikes would get us"}, {"start": "00:09:30", "end": "00:09:34", "text": "there. So, and right now the market"}, {"start": "00:09:33", "end": "00:09:36", "text": "thinks we're going to get two, but it"}, {"start": "00:09:34", "end": "00:09:38", "text": "just doesn't know when that second one's"}, {"start": "00:09:36", "end": "00:09:39", "text": "going to happen. Right now, it thinks"}, {"start": "00:09:38", "end": "00:09:42", "text": "like it it could be you know, it could"}, {"start": "00:09:39", "end": "00:09:43", "text": "be December, it could be January, maybe"}, {"start": "00:09:42", "end": "00:09:46", "text": "October."}, {"start": "00:09:43", "end": "00:09:47", "text": "We don't know yet. But I think they got"}, {"start": "00:09:46", "end": "00:09:49", "text": "to at least get one rate hike under"}, {"start": "00:09:47", "end": "00:09:52", "text": "their belt first. And if they refuse to"}, {"start": "00:09:49", "end": "00:09:55", "text": "do so in September, I think the bond"}, {"start": "00:09:52", "end": "00:09:56", "text": "market is going to continue to revolt"}, {"start": "00:09:55", "end": "00:09:58", "text": "until they're until they're willing to"}, {"start": "00:09:56", "end": "00:09:59", "text": "do it. Because the unemployment rate has"}, {"start": "00:09:58", "end": "00:10:01", "text": "been trending down for months and months"}, {"start": "00:09:59", "end": "00:10:03", "text": "and months while inflation has come back"}, {"start": "00:10:01", "end": "00:10:06", "text": "and they're still not raising rates."}, {"start": "00:10:03", "end": "00:10:09", "text": "How can Kevin Warsh sit around and and"}, {"start": "00:10:06", "end": "00:10:11", "text": "sort of trash talk the prior the the"}, {"start": "00:10:09", "end": "00:10:13", "text": "prior Fed chair"}, {"start": "00:10:11", "end": "00:10:15", "text": "and and the sort of prior committee for"}, {"start": "00:10:13", "end": "00:10:17", "text": "not getting inflation back down to"}, {"start": "00:10:15", "end": "00:10:19", "text": "target while he"}, {"start": "00:10:17", "end": "00:10:22", "text": "is not willing to do what it takes. So,"}, {"start": "00:10:19", "end": "00:10:24", "text": "I what I'd like to see Kevin Warsh do is"}, {"start": "00:10:22", "end": "00:10:26", "text": "to come in,"}, {"start": "00:10:24", "end": "00:10:27", "text": "raise rates, show that we're going to"}, {"start": "00:10:26", "end": "00:10:29", "text": "get inflation under control, and I think"}, {"start": "00:10:27", "end": "00:10:31", "text": "the bond market would would fully"}, {"start": "00:10:29", "end": "00:10:33", "text": "respect that. I think Kevin Warsh gave"}, {"start": "00:10:31", "end": "00:10:36", "text": "me the first signs that he's actually"}, {"start": "00:10:33", "end": "00:10:38", "text": "going to do what he says in his speech"}, {"start": "00:10:36", "end": "00:10:39", "text": "at Jackson Hole. Okay, so that was the"}, {"start": "00:10:38", "end": "00:10:43", "text": "first time"}, {"start": "00:10:39", "end": "00:10:45", "text": "I sniffed out that perhaps he does mean"}, {"start": "00:10:43", "end": "00:10:47", "text": "business and I hope that I'm right,"}, {"start": "00:10:45", "end": "00:10:48", "text": "right? I hope that I am right with that"}, {"start": "00:10:47", "end": "00:10:50", "text": "and that they don't just let this thing"}, {"start": "00:10:48", "end": "00:10:52", "text": "get away from them. That would be a very"}, {"start": "00:10:50", "end": "00:10:55", "text": "bad outcome."}, {"start": "00:10:52", "end": "00:10:57", "text": "And by the way, you have the Treasury"}, {"start": "00:10:55", "end": "00:10:59", "text": "Secretary Besant and Kevin Warsh at"}, {"start": "00:10:57", "end": "00:11:02", "text": "odds. Because if if if Besant's going to"}, {"start": "00:10:59", "end": "00:11:03", "text": "say, \"We're going to try to bring the"}, {"start": "00:11:02", "end": "00:11:05", "text": "long end of the yield curve down"}, {"start": "00:11:03", "end": "00:11:08", "text": "artificially by intervening.\" While"}, {"start": "00:11:05", "end": "00:11:10", "text": "while Kevin Warsh is saying, \"We're"}, {"start": "00:11:08", "end": "00:11:11", "text": "going to rely on the long end to do the"}, {"start": "00:11:10", "end": "00:11:14", "text": "heavy lifting for us.\" They can't both"}, {"start": "00:11:11", "end": "00:11:16", "text": "be true. You can't"}, {"start": "00:11:14", "end": "00:11:18", "text": "artificially bring down the long end"}, {"start": "00:11:16", "end": "00:11:19", "text": "with bond buybacks on one side and then"}, {"start": "00:11:18", "end": "00:11:21", "text": "say that the long end's going to do the"}, {"start": "00:11:19", "end": "00:11:23", "text": "heavy lifting on the other. Only one of"}, {"start": "00:11:21", "end": "00:11:25", "text": "those things can be true and maybe"}, {"start": "00:11:23", "end": "00:11:27", "text": "that's the reason that at Jackson Hole"}, {"start": "00:11:25", "end": "00:11:30", "text": "Kevin Warsh came out and it was more"}, {"start": "00:11:27", "end": "00:11:32", "text": "hawkish than I've ever seen him be. So,"}, {"start": "00:11:30", "end": "00:11:33", "text": "let's see if he does"}, {"start": "00:11:32", "end": "00:11:34", "text": "the right thing and in my opinion, the"}, {"start": "00:11:33", "end": "00:11:36", "text": "right thing would be to raise rates."}, {"start": "00:11:34", "end": "00:11:39", "text": "Now, listen, you might think a rate hike"}, {"start": "00:11:36", "end": "00:11:41", "text": "is scary, and in 1997, they had a rate"}, {"start": "00:11:39", "end": "00:11:44", "text": "cutting cycle before that in the earlier"}, {"start": "00:11:41", "end": "00:11:46", "text": "early to mid-90s. In 1997, in March,"}, {"start": "00:11:44", "end": "00:11:47", "text": "they had to raise rates by 25 basis"}, {"start": "00:11:46", "end": "00:11:50", "text": "points."}, {"start": "00:11:47", "end": "00:11:52", "text": "And the stock market dropped 10%."}, {"start": "00:11:50", "end": "00:11:54", "text": "But then it went up for three more two"}, {"start": "00:11:52", "end": "00:11:57", "text": "and a half to three more years after"}, {"start": "00:11:54", "end": "00:11:59", "text": "that. So, just because you get a rate"}, {"start": "00:11:57", "end": "00:12:02", "text": "hike is not indicative of a weak"}, {"start": "00:11:59", "end": "00:12:05", "text": "economy. A rate hike is indicative of a"}, {"start": "00:12:02", "end": "00:12:07", "text": "strong economy."}, {"start": "00:12:05", "end": "00:12:09", "text": "It just hurts the longest duration"}, {"start": "00:12:07", "end": "00:12:12", "text": "assets the most, right? The The assets"}, {"start": "00:12:09", "end": "00:12:14", "text": "that did the best in the bull markets of"}, {"start": "00:12:12", "end": "00:12:17", "text": "the past, it hurts those the most,"}, {"start": "00:12:14", "end": "00:12:19", "text": "um which is why it can be painful, but"}, {"start": "00:12:17", "end": "00:12:20", "text": "it it it's something that you can argue"}, {"start": "00:12:19", "end": "00:12:22", "text": "at this point is necessary, and the"}, {"start": "00:12:20", "end": "00:12:24", "text": "unwillingness for them to do so, the"}, {"start": "00:12:22", "end": "00:12:27", "text": "unwillingness unwillingness for them to"}, {"start": "00:12:24", "end": "00:12:30", "text": "act, is only going to send the long end"}, {"start": "00:12:27", "end": "00:12:32", "text": "of the yield curve higher. So, again,"}, {"start": "00:12:30", "end": "00:12:36", "text": "it's September 8th."}, {"start": "00:12:32", "end": "00:12:39", "text": "The 10-year's at 4.8."}, {"start": "00:12:36", "end": "00:12:42", "text": "Bitcoin's at 78 79K."}, {"start": "00:12:39", "end": "00:12:44", "text": "The odds of a rate hike are still near"}, {"start": "00:12:42", "end": "00:12:45", "text": "50/50."}, {"start": "00:12:44", "end": "00:12:47", "text": "As this gets resolved, you're probably"}, {"start": "00:12:45", "end": "00:12:49", "text": "going to see the markets respond as"}, {"start": "00:12:47", "end": "00:12:51", "text": "well. It's fascinating to me that we're"}, {"start": "00:12:49", "end": "00:12:53", "text": "only about a week away, and it's still a"}, {"start": "00:12:51", "end": "00:12:55", "text": "coin flip. This is not normal for us."}, {"start": "00:12:53", "end": "00:12:57", "text": "This is not what we what we typically"}, {"start": "00:12:55", "end": "00:12:59", "text": "see, but it does make sense given the"}, {"start": "00:12:57", "end": "00:13:01", "text": "fact that they have taken away forward"}, {"start": "00:12:59", "end": "00:13:04", "text": "guidance, and that there's all this"}, {"start": "00:13:01", "end": "00:13:06", "text": "political pressure by the US"}, {"start": "00:13:04", "end": "00:13:07", "text": "presidential administration to cut"}, {"start": "00:13:06", "end": "00:13:09", "text": "rates. But I don't I don't really get"}, {"start": "00:13:07", "end": "00:13:11", "text": "that because they they talk about it"}, {"start": "00:13:09", "end": "00:13:12", "text": "being a strong economy. How does it make"}, {"start": "00:13:11", "end": "00:13:13", "text": "sense to say there's a strong economy"}, {"start": "00:13:12", "end": "00:13:15", "text": "and that you need to cut rates? You"}, {"start": "00:13:13", "end": "00:13:17", "text": "don't cut rates into a strong economy."}, {"start": "00:13:15", "end": "00:13:19", "text": "You raise rates into a strong economy."}, {"start": "00:13:17", "end": "00:13:20", "text": "If you cut rates into a strong economy,"}, {"start": "00:13:19", "end": "00:13:22", "text": "it's just going to lead to another"}, {"start": "00:13:20", "end": "00:13:24", "text": "inflationary spiral, and we don't need"}, {"start": "00:13:22", "end": "00:13:26", "text": "that, right? I mean, I don't know about"}, {"start": "00:13:24", "end": "00:13:28", "text": "you guys, I I obviously I want my"}, {"start": "00:13:26", "end": "00:13:30", "text": "portfolio to go up, but I also don't"}, {"start": "00:13:28", "end": "00:13:32", "text": "want my grocery bill to double again"}, {"start": "00:13:30", "end": "00:13:33", "text": "over the next 5 years. So, there's"}, {"start": "00:13:32", "end": "00:13:34", "text": "there's trade-offs, right? If you're an"}, {"start": "00:13:33", "end": "00:13:37", "text": "engineer, there's trade-offs to"}, {"start": "00:13:34", "end": "00:13:38", "text": "everything. You can cut rates if you"}, {"start": "00:13:37", "end": "00:13:40", "text": "want, but it's just going to lead to"}, {"start": "00:13:38", "end": "00:13:42", "text": "bigger problems down the road. Those are"}, {"start": "00:13:40", "end": "00:13:43", "text": "my views. Thank you guys for tuning in."}, {"start": "00:13:42", "end": "00:13:45", "text": "Subscribe, give the video a thumbs up."}, {"start": "00:13:43", "end": "00:13:47", "text": "Again, check out the ITC conference"}, {"start": "00:13:45", "end": "00:13:48", "text": "coming up in late November. Get a"}, {"start": "00:13:47", "end": "00:13:49", "text": "ticket, link's in the description below"}, {"start": "00:13:48", "end": "00:13:52", "text": "or the pinned comment, and I will see"}, {"start": "00:13:49", "end": "00:13:52", "text": "you next time. Bye."}]

[{"start": "00:00:00", "end": "00:00:06", "text": "If you're an investor, you should know"}, {"start": "00:00:02", "end": "00:00:08", "text": "the bull case and the bare case so that"}, {"start": "00:00:06", "end": "00:00:10", "text": "if the bull case starts confirming with"}, {"start": "00:00:08", "end": "00:00:13", "text": "weekly closes above the 50we moving"}, {"start": "00:00:10", "end": "00:00:16", "text": "average, you're not stuck relying on"}, {"start": "00:00:13", "end": "00:00:19", "text": "indicators that have failed. But if"}, {"start": "00:00:16", "end": "00:00:21", "text": "you're a bull and the bull case starts"}, {"start": "00:00:19", "end": "00:00:23", "text": "to fail and we start heading back down"}, {"start": "00:00:21", "end": "00:00:25", "text": "into Q4, you're not sitting there"}, {"start": "00:00:23", "end": "00:00:27", "text": "thinking that Bitcoin is dead when it's"}, {"start": "00:00:25", "end": "00:00:30", "text": "doing the same thing it's always done."}, {"start": "00:00:27", "end": "00:00:33", "text": "I would say don't get overly attached to"}, {"start": "00:00:30", "end": "00:00:33", "text": "one narrative."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "First, if you look at the price of"}, {"start": "00:00:01", "end": "00:00:07", "text": "Bitcoin with the green line, the green"}, {"start": "00:00:04", "end": "00:00:09", "text": "line is the realized price. And every"}, {"start": "00:00:07", "end": "00:00:11", "text": "bare market, Bitcoin has not bottomed"}, {"start": "00:00:09", "end": "00:00:14", "text": "until it went below the realized price."}, {"start": "00:00:11", "end": "00:00:16", "text": "It did it in 2011. In 2014, by the way,"}, {"start": "00:00:14", "end": "00:00:18", "text": "in 2014, we didn't even go below the"}, {"start": "00:00:16", "end": "00:00:20", "text": "realized price until October, and it"}, {"start": "00:00:18", "end": "00:00:22", "text": "still wasn't the bottom. I mean, imagine"}, {"start": "00:00:20", "end": "00:00:24", "text": "that. Imagine Bitcoin does sell off into"}, {"start": "00:00:22", "end": "00:00:26", "text": "October, goes below the realized price,"}, {"start": "00:00:24", "end": "00:00:28", "text": "everyone buys because it's the four-year"}, {"start": "00:00:26", "end": "00:00:30", "text": "cycle low. We bounce and then we go"}, {"start": "00:00:28", "end": "00:00:32", "text": "lower again. Think about how crazy that"}, {"start": "00:00:30", "end": "00:00:34", "text": "would be. But that's what happened in"}, {"start": "00:00:32", "end": "00:00:37", "text": "2014. By the way, in 2014, we also had a"}, {"start": "00:00:34", "end": "00:00:39", "text": "rally to a high, a drop, and then a"}, {"start": "00:00:37", "end": "00:00:41", "text": "rally back up near the high that lasted"}, {"start": "00:00:39", "end": "00:00:44", "text": "for a month or so, and then the drop"}, {"start": "00:00:41", "end": "00:00:46", "text": "into October occurred."}, {"start": "00:00:44", "end": "00:00:48", "text": "But you can see it in 2014, we went"}, {"start": "00:00:46", "end": "00:00:49", "text": "below the realized price. In 2018, we"}, {"start": "00:00:48", "end": "00:00:53", "text": "went below the realized price. It didn't"}, {"start": "00:00:49", "end": "00:00:56", "text": "happen till November. in 2019 2020 be"}, {"start": "00:00:53", "end": "00:00:56", "text": "but it's a pandemic"}]

[{"start": "00:00:01", "end": "00:00:05", "text": "Hey everyone and thanks for jumping back"}, {"start": "00:00:02", "end": "00:00:08", "text": "into the cryptoverse."}, {"start": "00:00:05", "end": "00:00:12", "text": "Today we're going to talk about Bitcoin,"}, {"start": "00:00:08", "end": "00:00:14", "text": "the bull case versus the bare case. If"}, {"start": "00:00:12", "end": "00:00:15", "text": "you guys like the content, make sure you"}, {"start": "00:00:14", "end": "00:00:17", "text": "subscribe to the channel, give the video"}, {"start": "00:00:15", "end": "00:00:20", "text": "a thumbs up, and also check out the sale"}, {"start": "00:00:17", "end": "00:00:22", "text": "on Into the Cryptoverse Premium at into"}, {"start": "00:00:20", "end": "00:00:25", "text": "the cryptoverse.com."}, {"start": "00:00:22", "end": "00:00:28", "text": "As a reminder, we are having the first"}, {"start": "00:00:25", "end": "00:00:32", "text": "ITC conference, Investing Through the"}, {"start": "00:00:28", "end": "00:00:33", "text": "Cycles, November 21st of this year. So,"}, {"start": "00:00:32", "end": "00:00:35", "text": "make sure you guys get your tickets if"}, {"start": "00:00:33", "end": "00:00:38", "text": "you have not yet. That's only about two"}, {"start": "00:00:35", "end": "00:00:41", "text": "and a half months away. Now, a lot of"}, {"start": "00:00:38", "end": "00:00:43", "text": "people have requested this video mainly"}, {"start": "00:00:41", "end": "00:00:46", "text": "because I did similar videos"}, {"start": "00:00:43", "end": "00:00:49", "text": "approximately four years ago. You can"}, {"start": "00:00:46", "end": "00:00:52", "text": "see here there was a Bitcoin bear versus"}, {"start": "00:00:49", "end": "00:00:57", "text": "bullcase video and it was recorded back"}, {"start": "00:00:52", "end": "00:01:02", "text": "on August 7th of 2022. And what I did in"}, {"start": "00:00:57", "end": "00:01:05", "text": "the video was to simply say"}, {"start": "00:01:02", "end": "00:01:07", "text": "let's put our bias aside, okay? Because"}, {"start": "00:01:05", "end": "00:01:10", "text": "in in this video, if you were watching"}, {"start": "00:01:07", "end": "00:01:13", "text": "me back then, right, I was bearish in"}, {"start": "00:01:10", "end": "00:01:16", "text": "August. Surprise, surprise. And I I"}, {"start": "00:01:13", "end": "00:01:19", "text": "wanted to better, you know, articulate"}, {"start": "00:01:16", "end": "00:01:22", "text": "what both cases were because if you're"}, {"start": "00:01:19", "end": "00:01:24", "text": "going to have a thesis about the market"}, {"start": "00:01:22", "end": "00:01:26", "text": "and how it should play out, I think you"}, {"start": "00:01:24", "end": "00:01:29", "text": "should also be aware of the"}, {"start": "00:01:26", "end": "00:01:31", "text": "counterpoint, the counter view because"}, {"start": "00:01:29", "end": "00:01:33", "text": "at the end of the day, we all get things"}, {"start": "00:01:31", "end": "00:01:35", "text": "wrong and and I I think that's a"}, {"start": "00:01:33", "end": "00:01:37", "text": "sobering reality that we all have to"}, {"start": "00:01:35", "end": "00:01:39", "text": "accept. So, what we're going to do, what"}, {"start": "00:01:37", "end": "00:01:43", "text": "I'm going to do in this video is I'm"}, {"start": "00:01:39", "end": "00:01:45", "text": "going to go through as many indicators"}, {"start": "00:01:43", "end": "00:01:47", "text": "that I can think of. I'm not saying I'm"}, {"start": "00:01:45", "end": "00:01:49", "text": "going through every single one because"}, {"start": "00:01:47", "end": "00:01:50", "text": "I'm sure there's some pretty obscure"}, {"start": "00:01:49", "end": "00:01:53", "text": "indicators out there, but I'm going to"}, {"start": "00:01:50", "end": "00:01:54", "text": "go through a lot of the major ones that"}, {"start": "00:01:53", "end": "00:01:57", "text": "we talk about on the channel, maybe some"}, {"start": "00:01:54", "end": "00:02:00", "text": "that we don't talk about as much, and"}, {"start": "00:01:57", "end": "00:02:03", "text": "just kind of tally up the bulls versus"}, {"start": "00:02:00", "end": "00:02:07", "text": "the bears. That is the objective of this"}, {"start": "00:02:03", "end": "00:02:11", "text": "video. Okay. Now, there will be times"}, {"start": "00:02:07", "end": "00:02:15", "text": "where it will be tempting to explain"}, {"start": "00:02:11", "end": "00:02:16", "text": "certain things away using a narrative,"}, {"start": "00:02:15", "end": "00:02:19", "text": "but we're not going to do that, right?"}, {"start": "00:02:16", "end": "00:02:22", "text": "We're not I'm not here to explain the"}, {"start": "00:02:19", "end": "00:02:26", "text": "narratives to you. This is simply"}, {"start": "00:02:22", "end": "00:02:27", "text": "looking at the data. Nothing more,"}, {"start": "00:02:26", "end": "00:02:29", "text": "nothing less."}, {"start": "00:02:27", "end": "00:02:33", "text": "Okay? If you want to if you want to run"}, {"start": "00:02:29", "end": "00:02:34", "text": "with the narratives, then there's plenty"}, {"start": "00:02:33", "end": "00:02:36", "text": "of other places you can do that. We're"}, {"start": "00:02:34", "end": "00:02:40", "text": "just going to look at it and we're going"}, {"start": "00:02:36", "end": "00:02:42", "text": "to be fair. Okay? If something is"}, {"start": "00:02:40", "end": "00:02:44", "text": "objectively bullish, we're going to say"}, {"start": "00:02:42", "end": "00:02:45", "text": "that. And if it's objectively bearish,"}, {"start": "00:02:44", "end": "00:02:49", "text": "we're going to say that. We're not going"}, {"start": "00:02:45", "end": "00:02:52", "text": "to include a bias in this analysis. At"}, {"start": "00:02:49", "end": "00:02:54", "text": "least that is my objective. You can"}, {"start": "00:02:52", "end": "00:02:57", "text": "judge whether I am able to do that or"}, {"start": "00:02:54", "end": "00:02:59", "text": "not. So, the first thing we'll do is"}, {"start": "00:02:57", "end": "00:03:01", "text": "we'll make a tally. Okay? So, we're"}, {"start": "00:02:59", "end": "00:03:07", "text": "going to basically say we have the bull"}, {"start": "00:03:01", "end": "00:03:07", "text": "case versus the bear case, right? Bulls"}, {"start": "00:03:07", "end": "00:03:13", "text": "verse bears. And every time an indicator"}, {"start": "00:03:11", "end": "00:03:14", "text": "is a point for the bulls, we'll we'll"}, {"start": "00:03:13", "end": "00:03:16", "text": "we'll put that point there. And every"}, {"start": "00:03:14", "end": "00:03:19", "text": "time it's an indicator for the bears,"}, {"start": "00:03:16", "end": "00:03:23", "text": "we'll put that there as well. That is"}, {"start": "00:03:19", "end": "00:03:28", "text": "the objective. Okay. Now the first thing"}, {"start": "00:03:23", "end": "00:03:32", "text": "to look at is to say what does history"}, {"start": "00:03:28", "end": "00:03:34", "text": "tell us about the about the onchain"}, {"start": "00:03:32", "end": "00:03:37", "text": "indicators. So I I like to start with"}, {"start": "00:03:34", "end": "00:03:39", "text": "the onchain indicators in this scenario."}, {"start": "00:03:37", "end": "00:03:42", "text": "So what we're going to do is if you go"}, {"start": "00:03:39", "end": "00:03:44", "text": "over to the onchain risk metric, there's"}, {"start": "00:03:42", "end": "00:03:46", "text": "several different indicators on here."}, {"start": "00:03:44", "end": "00:03:48", "text": "There is the peel multiple, the MVRV"}, {"start": "00:03:46", "end": "00:03:51", "text": "score, the MVRVZ score, transaction"}, {"start": "00:03:48", "end": "00:03:53", "text": "fees, terminal price, which is really uh"}, {"start": "00:03:51", "end": "00:03:55", "text": "more so for the tops and the bottoms,"}, {"start": "00:03:53", "end": "00:03:56", "text": "but and then the market cap to thermal"}, {"start": "00:03:55", "end": "00:03:59", "text": "cap and the minor capture to thermal"}, {"start": "00:03:56", "end": "00:04:02", "text": "cap. Okay, so let's go through a few of"}, {"start": "00:03:59", "end": "00:04:03", "text": "those and see what is going on. So,"}, {"start": "00:04:02", "end": "00:04:05", "text": "we're going to start with a pure"}, {"start": "00:04:03", "end": "00:04:09", "text": "multiple. So if you look at the PE"}, {"start": "00:04:05", "end": "00:04:12", "text": "multiple what you'll notice is that"}, {"start": "00:04:09", "end": "00:04:16", "text": "approximately every four years the PE"}, {"start": "00:04:12", "end": "00:04:19", "text": "multiple goes below 04. You see that?"}, {"start": "00:04:16", "end": "00:04:25", "text": "You see this 04 every few years it"}, {"start": "00:04:19", "end": "00:04:27", "text": "bottoms just below it. Okay. Now in 2011"}, {"start": "00:04:25", "end": "00:04:32", "text": "you can see it went below it. Same thing"}, {"start": "00:04:27", "end": "00:04:38", "text": "in 2014, 2015, 2018 and again in 2022."}, {"start": "00:04:32", "end": "00:04:40", "text": "In this cycle, it has not. Now,"}, {"start": "00:04:38", "end": "00:04:45", "text": "the hard part with this is whether we"}, {"start": "00:04:40", "end": "00:04:48", "text": "compare this to the 4-year cycle idea,"}, {"start": "00:04:45", "end": "00:04:51", "text": "which is relevant, or the 2019"}, {"start": "00:04:48", "end": "00:04:53", "text": "comparison, which is relevant. And"}, {"start": "00:04:51", "end": "00:04:57", "text": "what's difficult about it is depending"}, {"start": "00:04:53", "end": "00:05:00", "text": "on which one you prefer might dictate"}, {"start": "00:04:57", "end": "00:05:04", "text": "whether you give the point to the Bulls"}, {"start": "00:05:00", "end": "00:05:08", "text": "or the Bears. However, with that said,"}, {"start": "00:05:04", "end": "00:05:08", "text": "even in 2019,"}, {"start": "00:05:08", "end": "00:05:14", "text": "it it went all the way down to 43,"}, {"start": "00:05:11", "end": "00:05:15", "text": "basically 04. Now, I know what you're"}, {"start": "00:05:14", "end": "00:05:19", "text": "thinking. You're like, \"Well, that was"}, {"start": "00:05:15", "end": "00:05:22", "text": "due to the pandemic.\" I get it. But the"}, {"start": "00:05:19", "end": "00:05:26", "text": "point is is regardless of how it got"}, {"start": "00:05:22", "end": "00:05:28", "text": "down there, it got down there."}, {"start": "00:05:26", "end": "00:05:31", "text": "It's a point for the Bears, right? it"}, {"start": "00:05:28", "end": "00:05:34", "text": "again. We can't know what would have"}, {"start": "00:05:31", "end": "00:05:36", "text": "happened in 2019 had the pandemic not"}, {"start": "00:05:34", "end": "00:05:38", "text": "occurred. We we just simply cannot know."}, {"start": "00:05:36", "end": "00:05:41", "text": "Maybe the bare market would have dragged"}, {"start": "00:05:38", "end": "00:05:42", "text": "on longer for another few months. Maybe"}, {"start": "00:05:41", "end": "00:05:45", "text": "it would have done something completely"}, {"start": "00:05:42", "end": "00:05:49", "text": "different, right? I don't fully know."}, {"start": "00:05:45", "end": "00:05:52", "text": "Now, you might look at 2019 and 2020 and"}, {"start": "00:05:49", "end": "00:05:54", "text": "say, \"Look, Bitcoin went back up to a"}, {"start": "00:05:52", "end": "00:05:55", "text": "prior high and that's never happened"}, {"start": "00:05:54", "end": "00:05:57", "text": "before, right? every time that has"}, {"start": "00:05:55", "end": "00:05:59", "text": "happened, it's been a new bull market."}, {"start": "00:05:57", "end": "00:06:01", "text": "But that's also not true because if you"}, {"start": "00:05:59", "end": "00:06:02", "text": "go in 20 and you look at 2015, there was"}, {"start": "00:06:01", "end": "00:06:04", "text": "a similar pattern, right? Bitcoin"}, {"start": "00:06:02", "end": "00:06:06", "text": "rallied up to a prior high and still"}, {"start": "00:06:04", "end": "00:06:08", "text": "sold off. If you look at 2014, the same"}, {"start": "00:06:06", "end": "00:06:11", "text": "thing happened. Bitcoin rallied back up"}, {"start": "00:06:08", "end": "00:06:15", "text": "to a prior high and still sold off. So"}, {"start": "00:06:11", "end": "00:06:18", "text": "we cannot by itself say that that is a"}, {"start": "00:06:15", "end": "00:06:19", "text": "point for the bulls"}, {"start": "00:06:18", "end": "00:06:23", "text": "because we were actually the peel"}, {"start": "00:06:19", "end": "00:06:26", "text": "multiple was lower in the bull market"}, {"start": "00:06:23", "end": "00:06:29", "text": "than in the bare market. So for that one"}, {"start": "00:06:26", "end": "00:06:31", "text": "it's going to go to the bears. And again"}, {"start": "00:06:29", "end": "00:06:32", "text": "I'm I'm going to try to be as fair as"}, {"start": "00:06:31", "end": "00:06:35", "text": "possible and we're going to go back and"}, {"start": "00:06:32", "end": "00:06:37", "text": "forth some. Okay. So before we continue"}, {"start": "00:06:35", "end": "00:06:40", "text": "with the onchain indicators, let's find"}, {"start": "00:06:37", "end": "00:06:42", "text": "one for the bears. And a very simple one"}, {"start": "00:06:40", "end": "00:06:47", "text": "to look at is the relative strength"}, {"start": "00:06:42", "end": "00:06:48", "text": "index. Okay, if you look at the RSI, the"}, {"start": "00:06:47", "end": "00:06:50", "text": "relative strength index. Now, let's"}, {"start": "00:06:48", "end": "00:06:52", "text": "clean this up a little bit so it looks a"}, {"start": "00:06:50", "end": "00:06:56", "text": "little bit easier to read. What you'll"}, {"start": "00:06:52", "end": "00:07:00", "text": "notice is that the the RSI on the weekly"}, {"start": "00:06:56", "end": "00:07:02", "text": "already went all the way down to 26. And"}, {"start": "00:07:00", "end": "00:07:05", "text": "if you look at the prior cycle, it"}, {"start": "00:07:02", "end": "00:07:08", "text": "bottomed at around 26 as well. Now the"}, {"start": "00:07:05", "end": "00:07:11", "text": "counterpoint is that where it bottomed"}, {"start": "00:07:08", "end": "00:07:13", "text": "in 2022 at 25 or 26 was not the actual"}, {"start": "00:07:11", "end": "00:07:15", "text": "low for Bitcoin. But that was also true"}, {"start": "00:07:13", "end": "00:07:16", "text": "this time as well, right? That you can"}, {"start": "00:07:15", "end": "00:07:19", "text": "see that the the low that we occur that"}, {"start": "00:07:16", "end": "00:07:21", "text": "that actually occurred in early July was"}, {"start": "00:07:19", "end": "00:07:23", "text": "on a higher low just like it was in"}, {"start": "00:07:21", "end": "00:07:27", "text": "2022."}, {"start": "00:07:23", "end": "00:07:29", "text": "So when you look at it like this,"}, {"start": "00:07:27", "end": "00:07:32", "text": "right? If we if we make this comparison,"}, {"start": "00:07:29", "end": "00:07:34", "text": "the higher low on the RSI and then a"}, {"start": "00:07:32", "end": "00:07:35", "text": "rally on up,"}, {"start": "00:07:34", "end": "00:07:39", "text": "that"}, {"start": "00:07:35", "end": "00:07:42", "text": "to me objectively"}, {"start": "00:07:39", "end": "00:07:45", "text": "would favor the bulls over the bears."}, {"start": "00:07:42", "end": "00:07:47", "text": "Now, there's no guarantee that we won't"}, {"start": "00:07:45", "end": "00:07:49", "text": "come back down and form another higher"}, {"start": "00:07:47", "end": "00:07:50", "text": "low. And at that point, we'll figure out"}, {"start": "00:07:49", "end": "00:07:54", "text": "if it's a higher high on the price of"}, {"start": "00:07:50", "end": "00:07:57", "text": "Bitcoin or if it's a lower high. But the"}, {"start": "00:07:54", "end": "00:08:00", "text": "reality is if you look at this chart,"}, {"start": "00:07:57", "end": "00:08:02", "text": "you can see that anytime the RSI goes"}, {"start": "00:08:00", "end": "00:08:05", "text": "down to those levels, you got to start"}, {"start": "00:08:02", "end": "00:08:07", "text": "thinking about the low being in. Now"}, {"start": "00:08:05", "end": "00:08:09", "text": "look at 2015."}, {"start": "00:08:07", "end": "00:08:13", "text": "The low the the four-ear cycle low was"}, {"start": "00:08:09", "end": "00:08:16", "text": "in, but we still put in a higher low"}, {"start": "00:08:13", "end": "00:08:18", "text": "sometime later."}, {"start": "00:08:16", "end": "00:08:21", "text": "You see that? You see how it came back"}, {"start": "00:08:18", "end": "00:08:23", "text": "down in August of 2015, put in a higher"}, {"start": "00:08:21", "end": "00:08:26", "text": "low on the RSI, and it was the third"}, {"start": "00:08:23", "end": "00:08:29", "text": "higher low, and it was a lower price on"}, {"start": "00:08:26", "end": "00:08:33", "text": "Bitcoin. But in 2022, it was a higher"}, {"start": "00:08:29", "end": "00:08:36", "text": "high, a higher low. So, this is one"}, {"start": "00:08:33", "end": "00:08:38", "text": "where you could maybe try to make a case"}, {"start": "00:08:36", "end": "00:08:41", "text": "for the Bears if you want to get into"}, {"start": "00:08:38", "end": "00:08:45", "text": "like some longer 2014, 2015 type"}, {"start": "00:08:41", "end": "00:08:48", "text": "analysis. But objectively, it favors the"}, {"start": "00:08:45", "end": "00:08:50", "text": "bulls, right? it just does and no amount"}, {"start": "00:08:48", "end": "00:08:54", "text": "of mental gymnastics will change that."}, {"start": "00:08:50", "end": "00:08:58", "text": "So that would be a point for the bulls."}, {"start": "00:08:54", "end": "00:09:00", "text": "Now the monthly RSI would also be a"}, {"start": "00:08:58", "end": "00:09:03", "text": "point for the bulls. Okay? Because if"}, {"start": "00:09:00", "end": "00:09:06", "text": "you look at the monthly RSI,"}, {"start": "00:09:03", "end": "00:09:09", "text": "what you'll see is that it basically"}, {"start": "00:09:06", "end": "00:09:12", "text": "went to the same level that it went to"}, {"start": "00:09:09", "end": "00:09:13", "text": "in prior bare markets. Now, the reason"}, {"start": "00:09:12", "end": "00:09:16", "text": "why this one's a little tricky is"}, {"start": "00:09:13", "end": "00:09:18", "text": "because I don't really know if we should"}, {"start": "00:09:16", "end": "00:09:20", "text": "measure it sort of like a straight line."}, {"start": "00:09:18", "end": "00:09:22", "text": "Because if you measure it as a straight"}, {"start": "00:09:20", "end": "00:09:26", "text": "line, it would look more like the low"}, {"start": "00:09:22", "end": "00:09:29", "text": "was in. If you look at it like that"}, {"start": "00:09:26", "end": "00:09:32", "text": "though, sort of like a a slightly"}, {"start": "00:09:29", "end": "00:09:34", "text": "slightly lower lows each cycle because"}, {"start": "00:09:32", "end": "00:09:36", "text": "we've also pretty clearly had sort of"}, {"start": "00:09:34", "end": "00:09:38", "text": "lower highs."}, {"start": "00:09:36", "end": "00:09:40", "text": "then you could look at it and say, well,"}, {"start": "00:09:38", "end": "00:09:44", "text": "you know, it could go a little bit lower"}, {"start": "00:09:40", "end": "00:09:47", "text": "and still not break this pattern. But"}, {"start": "00:09:44", "end": "00:09:50", "text": "with that said, I still think it is more"}, {"start": "00:09:47", "end": "00:09:51", "text": "so a point for the bulls than the Bears"}, {"start": "00:09:50", "end": "00:09:53", "text": "just because of how close it got. Now,"}, {"start": "00:09:51", "end": "00:09:56", "text": "if we do get one more drop into the"}, {"start": "00:09:53", "end": "00:09:58", "text": "fourth quarter, I imagine that this"}, {"start": "00:09:56", "end": "00:10:00", "text": "would reset and then we'd be back and"}, {"start": "00:09:58", "end": "00:10:01", "text": "then, you know, hopefully be back in"}, {"start": "00:10:00", "end": "00:10:03", "text": "business."}, {"start": "00:10:01", "end": "00:10:07", "text": "And the reason why I'm going to give"}, {"start": "00:10:03", "end": "00:10:09", "text": "this to the bulls is because in 2019"}, {"start": "00:10:07", "end": "00:10:11", "text": "where we had an apathetic top, you can"}, {"start": "00:10:09", "end": "00:10:13", "text": "see it did not go all the way down"}, {"start": "00:10:11", "end": "00:10:14", "text": "before moving back up. So that's why"}, {"start": "00:10:13", "end": "00:10:18", "text": "that's another reason why it's actually"}, {"start": "00:10:14", "end": "00:10:22", "text": "going to go to the bulls. So now we got"}, {"start": "00:10:18", "end": "00:10:26", "text": "two for the bulls and one for the bears."}, {"start": "00:10:22", "end": "00:10:28", "text": "Two two to one. Now let's go back to the"}, {"start": "00:10:26", "end": "00:10:30", "text": "onchain stuff because the onchain stuff"}, {"start": "00:10:28", "end": "00:10:31", "text": "is is interesting. And what we're going"}, {"start": "00:10:30", "end": "00:10:35", "text": "to look at is we're going to look at the"}, {"start": "00:10:31", "end": "00:10:38", "text": "MVRV Zcore. This is the market value to"}, {"start": "00:10:35", "end": "00:10:41", "text": "realize value Zcore. Now, objectively,"}, {"start": "00:10:38", "end": "00:10:44", "text": "every prior low in the market occurred"}, {"start": "00:10:41", "end": "00:10:50", "text": "after Bitcoin's MBRV Zcore went below"}, {"start": "00:10:44", "end": "00:10:51", "text": "zero. 2011, 2015, 2018, 2022. And you"}, {"start": "00:10:50", "end": "00:10:54", "text": "might say, well, hold on a second, Ben."}, {"start": "00:10:51", "end": "00:10:57", "text": "What about 2019, 2020? Well, at first it"}, {"start": "00:10:54", "end": "00:11:00", "text": "didn't. It it it it found a low at"}, {"start": "00:10:57", "end": "00:11:06", "text": "around three and guess what where we"}, {"start": "00:11:00", "end": "00:11:09", "text": "just found a low a little bit lower 0.18"}, {"start": "00:11:06", "end": "00:11:12", "text": "but the reason why it's difficult is"}, {"start": "00:11:09", "end": "00:11:14", "text": "because even in that scenario it did"}, {"start": "00:11:12", "end": "00:11:18", "text": "still event it did did it still did"}, {"start": "00:11:14", "end": "00:11:19", "text": "eventually resolve lower and this is one"}, {"start": "00:11:18", "end": "00:11:21", "text": "of those things where a lot of people"}, {"start": "00:11:19", "end": "00:11:23", "text": "are going to scream at the screen and"}, {"start": "00:11:21", "end": "00:11:25", "text": "say no that was the pandemic but again"}, {"start": "00:11:23", "end": "00:11:28", "text": "that's a narrative we're not We're just"}, {"start": "00:11:25", "end": "00:11:30", "text": "looking at what happened because in 2022"}, {"start": "00:11:28", "end": "00:11:32", "text": "you could say, \"Oh, well, it was, you"}, {"start": "00:11:30", "end": "00:11:34", "text": "know, it was because of FTX and and and"}, {"start": "00:11:32", "end": "00:11:37", "text": "and Celsius collapsing that caused it.\""}, {"start": "00:11:34", "end": "00:11:39", "text": "Or in 2014, you could say, \"Oh, it was"}, {"start": "00:11:37", "end": "00:11:41", "text": "Mount Gox that caused it.\" Or in 2018,"}, {"start": "00:11:39", "end": "00:11:43", "text": "you could say it was because of, you"}, {"start": "00:11:41", "end": "00:11:45", "text": "know, sort of the protocol wars between"}, {"start": "00:11:43", "end": "00:11:47", "text": "people and and the forks that we had."}, {"start": "00:11:45", "end": "00:11:50", "text": "You can always find a reason, but we're"}, {"start": "00:11:47", "end": "00:11:52", "text": "not here to find reasons. We're just"}, {"start": "00:11:50", "end": "00:11:55", "text": "here to say what happened. And what"}, {"start": "00:11:52", "end": "00:11:58", "text": "happened is that Bitcoin's MBRVZ score"}, {"start": "00:11:55", "end": "00:12:02", "text": "bottomed below zero and it has not gone"}, {"start": "00:11:58", "end": "00:12:04", "text": "below zero yet. Okay. So, objectively"}, {"start": "00:12:02", "end": "00:12:06", "text": "that would be a point for the bears,"}, {"start": "00:12:04", "end": "00:12:08", "text": "right? I mean, it just would you cannot"}, {"start": "00:12:06", "end": "00:12:10", "text": "look"}, {"start": "00:12:08", "end": "00:12:13", "text": "at at this chart"}, {"start": "00:12:10", "end": "00:12:14", "text": "and act like it's fully reset when it"}, {"start": "00:12:13", "end": "00:12:16", "text": "hasn't. Now, that doesn't mean that it"}, {"start": "00:12:14", "end": "00:12:18", "text": "will fully reset, but you cannot look at"}, {"start": "00:12:16", "end": "00:12:19", "text": "that chart by itself and be like, \"Oh,"}, {"start": "00:12:18", "end": "00:12:22", "text": "yeah, it's fully reset.\" when you can"}, {"start": "00:12:19", "end": "00:12:26", "text": "see every prior time in history where"}, {"start": "00:12:22", "end": "00:12:28", "text": "this occurred, it eventually went lower."}, {"start": "00:12:26", "end": "00:12:30", "text": "So that would be another one. Okay. So"}, {"start": "00:12:28", "end": "00:12:32", "text": "then"}, {"start": "00:12:30", "end": "00:12:35", "text": "we have transaction fees. This is a"}, {"start": "00:12:32", "end": "00:12:37", "text": "little looser. Okay. This is not the"}, {"start": "00:12:35", "end": "00:12:40", "text": "best indicator to be completely honest"}, {"start": "00:12:37", "end": "00:12:42", "text": "and and it's really changed over time."}, {"start": "00:12:40", "end": "00:12:45", "text": "But if you set this to like a log scale,"}, {"start": "00:12:42", "end": "00:12:48", "text": "you can see that transaction fees when"}, {"start": "00:12:45", "end": "00:12:50", "text": "the bottom was in um were relatively"}, {"start": "00:12:48", "end": "00:12:51", "text": "low, right? There just wasn't a lot of"}, {"start": "00:12:50", "end": "00:12:53", "text": "interest. And so that's all we really"}, {"start": "00:12:51", "end": "00:12:55", "text": "have to go off of. But you can see that"}, {"start": "00:12:53", "end": "00:12:58", "text": "transaction fees are basically at the"}, {"start": "00:12:55", "end": "00:13:01", "text": "same spot they were at in 2022 when the"}, {"start": "00:12:58", "end": "00:13:03", "text": "low occurred again. It it found a low,"}, {"start": "00:13:01", "end": "00:13:05", "text": "bounced, and then came back down. So,"}, {"start": "00:13:03", "end": "00:13:06", "text": "it's hard to know, but I feel like this"}, {"start": "00:13:05", "end": "00:13:08", "text": "is one that would have to go to the"}, {"start": "00:13:06", "end": "00:13:10", "text": "bulls, right? I cannot look at this and"}, {"start": "00:13:08", "end": "00:13:12", "text": "be like, \"Oh, no. It has to go lower.\""}, {"start": "00:13:10", "end": "00:13:14", "text": "There's not a lot of people here, right?"}, {"start": "00:13:12", "end": "00:13:16", "text": "I mean, like I don't maybe it goes"}, {"start": "00:13:14", "end": "00:13:20", "text": "lower, but I think objectively"}, {"start": "00:13:16", "end": "00:13:22", "text": "it would be a point for the bulls"}, {"start": "00:13:20", "end": "00:13:25", "text": "because of just how low it is. Now, a"}, {"start": "00:13:22", "end": "00:13:28", "text": "point for the bears would be if you were"}, {"start": "00:13:25", "end": "00:13:31", "text": "to look at both the realized price and"}, {"start": "00:13:28", "end": "00:13:33", "text": "the balance price of Bitcoin. Okay? So,"}, {"start": "00:13:31", "end": "00:13:35", "text": "first if you look at the price of"}, {"start": "00:13:33", "end": "00:13:38", "text": "Bitcoin with the green line, the green"}, {"start": "00:13:35", "end": "00:13:40", "text": "line is the realized price. And every"}, {"start": "00:13:38", "end": "00:13:43", "text": "bare market, Bitcoin has not bottomed"}, {"start": "00:13:40", "end": "00:13:46", "text": "until it went below the realized price."}, {"start": "00:13:43", "end": "00:13:48", "text": "It did it in 2011. In 2014, by the way,"}, {"start": "00:13:46", "end": "00:13:50", "text": "in 2014, we didn't even go below the"}, {"start": "00:13:48", "end": "00:13:52", "text": "realized price until October. And it"}, {"start": "00:13:50", "end": "00:13:54", "text": "still wasn't the bottom. I mean, imagine"}, {"start": "00:13:52", "end": "00:13:56", "text": "that. Imagine Bitcoin does sell off into"}, {"start": "00:13:54", "end": "00:13:57", "text": "October, goes below the realized price,"}, {"start": "00:13:56", "end": "00:13:59", "text": "everyone buys because it's the four-ear"}, {"start": "00:13:57", "end": "00:14:01", "text": "cycle low. we bounce and then we go"}, {"start": "00:13:59", "end": "00:14:03", "text": "lower again. Think about how crazy that"}, {"start": "00:14:01", "end": "00:14:06", "text": "would be. But that's what happened in"}, {"start": "00:14:03", "end": "00:14:09", "text": "2014. By the way, in 2014, we also had a"}, {"start": "00:14:06", "end": "00:14:11", "text": "rally to a high, a drop, and then a"}, {"start": "00:14:09", "end": "00:14:12", "text": "rally back up near the high that lasted"}, {"start": "00:14:11", "end": "00:14:16", "text": "for a month or so, and then the drop"}, {"start": "00:14:12", "end": "00:14:17", "text": "into October occurred."}, {"start": "00:14:16", "end": "00:14:19", "text": "But you can see it in 2014, we went"}, {"start": "00:14:17", "end": "00:14:21", "text": "below the realized price. In 2018, we"}, {"start": "00:14:19", "end": "00:14:25", "text": "went below the realized price. It didn't"}, {"start": "00:14:21", "end": "00:14:27", "text": "happen till November. In 2019, 2020, but"}, {"start": "00:14:25", "end": "00:14:28", "text": "it's a pandemic bin. I know, but we're"}, {"start": "00:14:27", "end": "00:14:30", "text": "not. We don't know that. We're looking"}, {"start": "00:14:28", "end": "00:14:32", "text": "at the chart. That's all we have. We"}, {"start": "00:14:30", "end": "00:14:33", "text": "don't have the narrative to support it"}, {"start": "00:14:32", "end": "00:14:36", "text": "because who knows what the narrative"}, {"start": "00:14:33", "end": "00:14:38", "text": "might be this time if it were to happen."}, {"start": "00:14:36", "end": "00:14:41", "text": "It still happened is the point. It still"}, {"start": "00:14:38", "end": "00:14:43", "text": "happened. 2022, we went below the"}, {"start": "00:14:41", "end": "00:14:44", "text": "realized price in June. Now, if you take"}, {"start": "00:14:43", "end": "00:14:46", "text": "the price of Bitcoin and divide it by"}, {"start": "00:14:44", "end": "00:14:47", "text": "the realized price, you get a chart that"}, {"start": "00:14:46", "end": "00:14:49", "text": "looks like this. And you can pretty"}, {"start": "00:14:47", "end": "00:14:52", "text": "clearly see that it goes below it every"}, {"start": "00:14:49", "end": "00:14:55", "text": "few years. And it has not done that yet."}, {"start": "00:14:52", "end": "00:14:56", "text": "So, objectively, it would be a point for"}, {"start": "00:14:55", "end": "00:14:59", "text": "the bears because the bears could just"}, {"start": "00:14:56", "end": "00:15:02", "text": "simply say that every prior bare market,"}, {"start": "00:14:59", "end": "00:15:05", "text": "including the apathetic one, had a low"}, {"start": "00:15:02", "end": "00:15:07", "text": "below the realized price."}, {"start": "00:15:05", "end": "00:15:08", "text": "So, that would be a point for the bears."}, {"start": "00:15:07", "end": "00:15:11", "text": "Now, the bears are about to get another"}, {"start": "00:15:08", "end": "00:15:14", "text": "point because if you were to look at an"}, {"start": "00:15:11", "end": "00:15:17", "text": "even more bearish indicator, the balance"}, {"start": "00:15:14", "end": "00:15:19", "text": "price, Bitcoin also has gone below the"}, {"start": "00:15:17", "end": "00:15:20", "text": "balance price historically. And if you"}, {"start": "00:15:19", "end": "00:15:22", "text": "look at the price divided by the bounce"}, {"start": "00:15:20", "end": "00:15:25", "text": "price, you can see that we're nowhere"}, {"start": "00:15:22", "end": "00:15:28", "text": "close to that. So you couldn't look at"}, {"start": "00:15:25", "end": "00:15:30", "text": "this chart and say definitively that"}, {"start": "00:15:28", "end": "00:15:31", "text": "it's a case for the bulls. The only way"}, {"start": "00:15:30", "end": "00:15:34", "text": "you could look at this and make the"}, {"start": "00:15:31", "end": "00:15:36", "text": "objective case for the bulls is to say"}, {"start": "00:15:34", "end": "00:15:40", "text": "that this is just 2019 but without the"}, {"start": "00:15:36", "end": "00:15:42", "text": "pandemic. Okay, again, we're about to go"}, {"start": "00:15:40", "end": "00:15:44", "text": "into the fourth quarter of 2026. I don't"}, {"start": "00:15:42", "end": "00:15:46", "text": "know what's going to happen. I don't"}, {"start": "00:15:44", "end": "00:15:50", "text": "know. But if it were to go back down to"}, {"start": "00:15:46", "end": "00:15:52", "text": "the lows, it wouldn't be abnormal. If it"}, {"start": "00:15:50", "end": "00:15:53", "text": "doesn't go to the lows by the end of the"}, {"start": "00:15:52", "end": "00:15:56", "text": "year, then you could probably look at"}, {"start": "00:15:53", "end": "00:15:58", "text": "this and say, \"All right, this time is"}, {"start": "00:15:56", "end": "00:15:59", "text": "different.\" And perhaps we know what"}, {"start": "00:15:58", "end": "00:16:01", "text": "would have happened now in 2019 had"}, {"start": "00:15:59", "end": "00:16:03", "text": "there not been a pandemic. Maybe it"}, {"start": "00:16:01", "end": "00:16:05", "text": "would have just started out a lot higher"}, {"start": "00:16:03", "end": "00:16:07", "text": "from the lows and rallied and then it"}, {"start": "00:16:05", "end": "00:16:10", "text": "would have dropped later on."}, {"start": "00:16:07", "end": "00:16:13", "text": "absolutely a valid way that it could be"}, {"start": "00:16:10", "end": "00:16:15", "text": "construed. But unfortunately,"}, {"start": "00:16:13", "end": "00:16:17", "text": "we're not chasing the narrative. We're"}, {"start": "00:16:15", "end": "00:16:18", "text": "just looking at what actually happened."}, {"start": "00:16:17", "end": "00:16:21", "text": "And what actually happened is that"}, {"start": "00:16:18", "end": "00:16:23", "text": "Bitcoin went below the bounce price."}, {"start": "00:16:21", "end": "00:16:25", "text": "Okay? So that would be a point for the"}, {"start": "00:16:23", "end": "00:16:28", "text": "bears."}, {"start": "00:16:25", "end": "00:16:31", "text": "Now, if you continue this line of"}, {"start": "00:16:28", "end": "00:16:33", "text": "thinking, you could also go look at"}, {"start": "00:16:31", "end": "00:16:34", "text": "there's there was a couple others as"}, {"start": "00:16:33", "end": "00:16:35", "text": "well. I don't know if we need"}, {"start": "00:16:34", "end": "00:16:37", "text": "necessarily need to cover all of them"}, {"start": "00:16:35", "end": "00:16:40", "text": "because sometimes they they basically"}, {"start": "00:16:37", "end": "00:16:43", "text": "get to be about the the same thing. Um"}, {"start": "00:16:40", "end": "00:16:47", "text": "but we do have things like the market"}, {"start": "00:16:43", "end": "00:16:49", "text": "cap uh or sorry the"}, {"start": "00:16:47", "end": "00:16:52", "text": "uh market cap to thermal cap ratio I"}, {"start": "00:16:49", "end": "00:16:55", "text": "believe is one"}, {"start": "00:16:52", "end": "00:16:57", "text": "market cap to thermal cap ratio and and"}, {"start": "00:16:55", "end": "00:16:59", "text": "this is one where you can see the"}, {"start": "00:16:57", "end": "00:17:02", "text": "historical lows have occurred when this"}, {"start": "00:16:59", "end": "00:17:05", "text": "is below 10 and it was actually below 10"}, {"start": "00:17:02", "end": "00:17:07", "text": "in 2019 before the pandemic and we still"}, {"start": "00:17:05", "end": "00:17:09", "text": "haven't made it there yet. So, if you"}, {"start": "00:17:07", "end": "00:17:10", "text": "look at the market cap to thermal cap"}, {"start": "00:17:09", "end": "00:17:13", "text": "ratio, by the way, if you don't know"}, {"start": "00:17:10", "end": "00:17:14", "text": "what this stuff is, uh just pause the"}, {"start": "00:17:13", "end": "00:17:16", "text": "video and read the description and or"}, {"start": "00:17:14", "end": "00:17:18", "text": "the usage. Like, you can do that pretty"}, {"start": "00:17:16", "end": "00:17:19", "text": "pretty easily here if you're not because"}, {"start": "00:17:18", "end": "00:17:20", "text": "I'm not going to go through every"}, {"start": "00:17:19", "end": "00:17:21", "text": "description. But this one would be a"}, {"start": "00:17:20", "end": "00:17:24", "text": "point for the bears because it just"}, {"start": "00:17:21", "end": "00:17:25", "text": "simply has not fully reset. The"}, {"start": "00:17:24", "end": "00:17:27", "text": "counterpoint again is that it didn't go"}, {"start": "00:17:25", "end": "00:17:30", "text": "as high as prior bull markets, but it"}, {"start": "00:17:27", "end": "00:17:32", "text": "also didn't in 2019, and it still reset"}, {"start": "00:17:30", "end": "00:17:35", "text": "even without the pandemic. So now you"}, {"start": "00:17:32", "end": "00:17:38", "text": "got five points for the bears and three"}, {"start": "00:17:35", "end": "00:17:40", "text": "for the bulls."}, {"start": "00:17:38", "end": "00:17:42", "text": "Now there's a really interesting chart"}, {"start": "00:17:40", "end": "00:17:44", "text": "and I made a I made a video on this"}, {"start": "00:17:42", "end": "00:17:45", "text": "earlier in the year and and some of you"}, {"start": "00:17:44", "end": "00:17:48", "text": "might remember it. It was called"}, {"start": "00:17:45", "end": "00:17:51", "text": "Bitcoin, a beautiful chart and this is"}, {"start": "00:17:48", "end": "00:17:54", "text": "objectively a point for the bulls"}, {"start": "00:17:51", "end": "00:17:55", "text": "because this chart shows you the cycles,"}, {"start": "00:17:54", "end": "00:17:58", "text": "right? It clearly shows you the cycles"}, {"start": "00:17:55", "end": "00:18:02", "text": "and the argument is every time these"}, {"start": "00:17:58", "end": "00:18:04", "text": "cross the low is in after it. Now you"}, {"start": "00:18:02", "end": "00:18:06", "text": "can see that they crossed back in June"}, {"start": "00:18:04", "end": "00:18:09", "text": "of 2026 and then they uncrossed. So"}, {"start": "00:18:06", "end": "00:18:11", "text": "there's the argument that maybe the low"}, {"start": "00:18:09", "end": "00:18:13", "text": "in July could have been the low because"}, {"start": "00:18:11", "end": "00:18:16", "text": "this metric would have already crossed."}, {"start": "00:18:13", "end": "00:18:19", "text": "Now the counterpoint is that in 2022"}, {"start": "00:18:16", "end": "00:18:21", "text": "they also crossed in the summer but then"}, {"start": "00:18:19", "end": "00:18:24", "text": "they crossed again in in September,"}, {"start": "00:18:21", "end": "00:18:27", "text": "October, November. So crossing in the"}, {"start": "00:18:24", "end": "00:18:31", "text": "summer did not keep Bitcoin from keep"}, {"start": "00:18:27", "end": "00:18:33", "text": "this metric from crossing again. But if"}, {"start": "00:18:31", "end": "00:18:35", "text": "you just look at it objectively, we"}, {"start": "00:18:33", "end": "00:18:37", "text": "wouldn't have we wouldn't say that this"}, {"start": "00:18:35", "end": "00:18:39", "text": "has to cross again. We would just say"}, {"start": "00:18:37", "end": "00:18:41", "text": "that historically the lows occurred"}, {"start": "00:18:39", "end": "00:18:43", "text": "after these two metrics cross and they"}, {"start": "00:18:41", "end": "00:18:46", "text": "crossed and then a low occurred after"}, {"start": "00:18:43", "end": "00:18:48", "text": "it. So objectively this would be a point"}, {"start": "00:18:46", "end": "00:18:50", "text": "for the bulls. Like I cannot look at"}, {"start": "00:18:48", "end": "00:18:53", "text": "this chart and be like oh no, Bitcoin"}, {"start": "00:18:50", "end": "00:18:57", "text": "has to go lower, right? So that would be"}, {"start": "00:18:53", "end": "00:19:00", "text": "a point for the bulls"}, {"start": "00:18:57", "end": "00:19:01", "text": "pretty clearly. Like really really"}, {"start": "00:19:00", "end": "00:19:04", "text": "clearly a point for the bulls. No"}, {"start": "00:19:01", "end": "00:19:05", "text": "question about it. And and if you apply"}, {"start": "00:19:04", "end": "00:19:07", "text": "a moving average to it, like a 14-day"}, {"start": "00:19:05", "end": "00:19:09", "text": "moving average, you can kind of clearly"}, {"start": "00:19:07", "end": "00:19:12", "text": "see it. Yes, there are times where it"}, {"start": "00:19:09", "end": "00:19:14", "text": "drops down and then goes right back up."}, {"start": "00:19:12", "end": "00:19:17", "text": "But again,"}, {"start": "00:19:14", "end": "00:19:20", "text": "it crossed and then a low occurred. So"}, {"start": "00:19:17", "end": "00:19:22", "text": "that would be a point for the bulls. All"}, {"start": "00:19:20", "end": "00:19:27", "text": "right. pretty clearly through and"}, {"start": "00:19:22", "end": "00:19:30", "text": "through. Now, if we go over to the minor"}, {"start": "00:19:27", "end": "00:19:34", "text": "cap to thermal cap ratio, what you'll"}, {"start": "00:19:30", "end": "00:19:37", "text": "see here is that in prior lows, it was"}, {"start": "00:19:34", "end": "00:19:39", "text": "way lower, right? So, like in 2011 and"}, {"start": "00:19:37", "end": "00:19:42", "text": "and 2015, you can see this was a lot"}, {"start": "00:19:39", "end": "00:19:45", "text": "lower, like 0.2, but in the last two"}, {"start": "00:19:42", "end": "00:19:48", "text": "cycles, it was 04. This one, it's only"}, {"start": "00:19:45", "end": "00:19:49", "text": "gone down to about.7."}, {"start": "00:19:48", "end": "00:19:51", "text": "You could argue that there was a big"}, {"start": "00:19:49", "end": "00:19:54", "text": "jump from from this one to the next one"}, {"start": "00:19:51", "end": "00:19:58", "text": "from 0 2 to then point 4, but I don't"}, {"start": "00:19:54", "end": "00:20:01", "text": "know. I mean 04 to 7 almost point8 seems"}, {"start": "00:19:58", "end": "00:20:03", "text": "like a much larger jump. I guess if"}, {"start": "00:20:01", "end": "00:20:06", "text": "you're just multiplying it by two it"}, {"start": "00:20:03", "end": "00:20:09", "text": "could be argued, but I think with this"}, {"start": "00:20:06", "end": "00:20:11", "text": "one it's a it's kind of in a gray area"}, {"start": "00:20:09", "end": "00:20:13", "text": "like it's not as clear but I think it"}, {"start": "00:20:11", "end": "00:20:14", "text": "would favor the bears more than more"}, {"start": "00:20:13", "end": "00:20:17", "text": "than the bulls. I mean, you can even see"}, {"start": "00:20:14", "end": "00:20:18", "text": "the lower highs on this metric kind of"}, {"start": "00:20:17", "end": "00:20:20", "text": "line up if you were to draw a line"}, {"start": "00:20:18", "end": "00:20:26", "text": "through that."}, {"start": "00:20:20", "end": "00:20:28", "text": "But I'm not yet convinced that 745 is"}, {"start": "00:20:26", "end": "00:20:30", "text": "low enough, especially where it was the"}, {"start": "00:20:28", "end": "00:20:35", "text": "last couple of bare markets to justify"}, {"start": "00:20:30", "end": "00:20:37", "text": "it. 6 maybe, you know, but 75 I I don't"}, {"start": "00:20:35", "end": "00:20:40", "text": "know. I think this one have to be a"}, {"start": "00:20:37", "end": "00:20:40", "text": "point for the bears."}, {"start": "00:20:40", "end": "00:20:48", "text": "Okay, fix that. So, it's currently six"}, {"start": "00:20:44", "end": "00:20:52", "text": "to four is the count for anyone keeping"}, {"start": "00:20:48", "end": "00:20:54", "text": "track. Now, if you were to look at the"}, {"start": "00:20:52", "end": "00:20:57", "text": "long-term the huddle waves, if you look"}, {"start": "00:20:54", "end": "00:20:59", "text": "at like long-term huddle waves, what"}, {"start": "00:20:57", "end": "00:21:01", "text": "what you'll typically see, there's"}, {"start": "00:20:59", "end": "00:21:05", "text": "actually a really convincing pattern"}, {"start": "00:21:01", "end": "00:21:07", "text": "that occurs um you know, throughout bare"}, {"start": "00:21:05", "end": "00:21:09", "text": "markets, and that's that long-term"}, {"start": "00:21:07", "end": "00:21:13", "text": "holder accumulation tends to go up,"}, {"start": "00:21:09", "end": "00:21:15", "text": "right? See that? it tends to go up. And"}, {"start": "00:21:13", "end": "00:21:17", "text": "so what normally happens is long-term"}, {"start": "00:21:15", "end": "00:21:19", "text": "accumulation, long-term holder"}, {"start": "00:21:17", "end": "00:21:20", "text": "accumulation moves higher and then it"}, {"start": "00:21:19", "end": "00:21:22", "text": "kind of just plateaus for a while and"}, {"start": "00:21:20", "end": "00:21:24", "text": "that's where the low occurs. You can see"}, {"start": "00:21:22", "end": "00:21:25", "text": "that's what happened in 2018. You can"}, {"start": "00:21:24", "end": "00:21:27", "text": "see in 2022 again it went up and then"}, {"start": "00:21:25", "end": "00:21:28", "text": "just kind of plateaued for a while and"}, {"start": "00:21:27", "end": "00:21:30", "text": "that was where the low occurred. And the"}, {"start": "00:21:28", "end": "00:21:32", "text": "same thing here, right? Like it went up"}, {"start": "00:21:30", "end": "00:21:34", "text": "and then now it's plateaued. You know,"}, {"start": "00:21:32", "end": "00:21:36", "text": "could it plateau a little bit longer and"}, {"start": "00:21:34", "end": "00:21:39", "text": "then low occur a little bit later? Yeah."}, {"start": "00:21:36", "end": "00:21:40", "text": "But objectively, I I think you would"}, {"start": "00:21:39", "end": "00:21:43", "text": "probably give this one to the bulls"}, {"start": "00:21:40", "end": "00:21:45", "text": "because if you were to flip the script"}, {"start": "00:21:43", "end": "00:21:48", "text": "and instead of looking at at long-term"}, {"start": "00:21:45", "end": "00:21:51", "text": "holders, if I can change it to"}, {"start": "00:21:48", "end": "00:21:54", "text": "short-term holders, major lows have"}, {"start": "00:21:51", "end": "00:21:56", "text": "occurred when the short-term when the"}, {"start": "00:21:54", "end": "00:21:58", "text": "short-term holder uh levels are low, the"}, {"start": "00:21:56", "end": "00:21:59", "text": "hot waves, and it's been pretty low. So,"}, {"start": "00:21:58", "end": "00:22:01", "text": "I think with this one, you would have to"}, {"start": "00:21:59", "end": "00:22:02", "text": "give it to the bulls, right? Like, I"}, {"start": "00:22:01", "end": "00:22:03", "text": "don't think you could look at that and"}, {"start": "00:22:02", "end": "00:22:06", "text": "say, \"All right, no, this is a bearish"}, {"start": "00:22:03", "end": "00:22:08", "text": "case. This actually looks more bullish"}, {"start": "00:22:06", "end": "00:22:11", "text": "to me than bearish. Now, what I want to"}, {"start": "00:22:08", "end": "00:22:13", "text": "do is get in and we might come back to"}, {"start": "00:22:11", "end": "00:22:16", "text": "some onchain stuff, but I I'd like to"}, {"start": "00:22:13", "end": "00:22:17", "text": "get into more of the timebased stuff."}, {"start": "00:22:16", "end": "00:22:19", "text": "And we're going to look at this in in"}, {"start": "00:22:17", "end": "00:22:21", "text": "more than one way. So, the first way"}, {"start": "00:22:19", "end": "00:22:23", "text": "we're going to look at it is through the"}, {"start": "00:22:21", "end": "00:22:27", "text": "lens of the 2019 comparison. From a"}, {"start": "00:22:23", "end": "00:22:28", "text": "timebased perspective, not price. We're"}, {"start": "00:22:27", "end": "00:22:31", "text": "not looking at price yet. From a"}, {"start": "00:22:28", "end": "00:22:33", "text": "timebased perspective,"}, {"start": "00:22:31", "end": "00:22:35", "text": "the 2019 bare market, which we've made"}, {"start": "00:22:33", "end": "00:22:36", "text": "the comparison for, and if you don't"}, {"start": "00:22:35", "end": "00:22:38", "text": "understand why, go watch the other"}, {"start": "00:22:36", "end": "00:22:39", "text": "videos. I don't have the time to explain"}, {"start": "00:22:38", "end": "00:22:42", "text": "it in this video cuz this video is"}, {"start": "00:22:39", "end": "00:22:45", "text": "already going to be long. Um,"}, {"start": "00:22:42", "end": "00:22:48", "text": "maybe I will explain it. We'll see. Look"}, {"start": "00:22:45", "end": "00:22:49", "text": "at it though. The the 2019 to 2020 bare"}, {"start": "00:22:48", "end": "00:22:51", "text": "market, even including the pandemic,"}, {"start": "00:22:49", "end": "00:22:53", "text": "lasted about 9 months, and so did this"}, {"start": "00:22:51", "end": "00:22:56", "text": "one as of right now. So if you want to"}, {"start": "00:22:53", "end": "00:22:59", "text": "make the 2019 to 2020 comparison it from"}, {"start": "00:22:56", "end": "00:23:01", "text": "a timebased perspective it goes to the"}, {"start": "00:22:59", "end": "00:23:04", "text": "uh it goes to the bulls not the bears."}, {"start": "00:23:01", "end": "00:23:06", "text": "It only goes to the bears when you make"}, {"start": "00:23:04", "end": "00:23:09", "text": "the pricebased"}, {"start": "00:23:06", "end": "00:23:11", "text": "comparison where you know in 2018 and"}, {"start": "00:23:09", "end": "00:23:13", "text": "2019 we held support at 6K and then"}, {"start": "00:23:11", "end": "00:23:16", "text": "eventually it fell to 3 to 4K. Right? In"}, {"start": "00:23:13", "end": "00:23:18", "text": "2026 we're holding support at 60,000."}, {"start": "00:23:16", "end": "00:23:21", "text": "Does it eventually make that same fall?"}, {"start": "00:23:18", "end": "00:23:23", "text": "But from a timebased perspective, this"}, {"start": "00:23:21", "end": "00:23:27", "text": "goes to the bears. Now, if you look at"}, {"start": "00:23:23", "end": "00:23:30", "text": "the year-to-ate ROI of Bitcoin in"}, {"start": "00:23:27", "end": "00:23:33", "text": "midterm years, like 2026, and you were"}, {"start": "00:23:30", "end": "00:23:35", "text": "to look at the average of prior"}, {"start": "00:23:33", "end": "00:23:38", "text": "midterm years and overlay a standard"}, {"start": "00:23:35", "end": "00:23:39", "text": "deviation on that average on average,"}, {"start": "00:23:38", "end": "00:23:40", "text": "you know, and by the way, you might say,"}, {"start": "00:23:39", "end": "00:23:42", "text": "well, it's out of the standard"}, {"start": "00:23:40", "end": "00:23:44", "text": "deviation, but so what? Like, every bull"}, {"start": "00:23:42", "end": "00:23:46", "text": "market, you kind of go out of it at some"}, {"start": "00:23:44", "end": "00:23:48", "text": "point or below it at some point, and"}, {"start": "00:23:46", "end": "00:23:50", "text": "it's not necessarily the end, right? You"}, {"start": "00:23:48", "end": "00:23:53", "text": "can see it happened in 2022 and 2014."}, {"start": "00:23:50", "end": "00:23:55", "text": "This one historically Bitcoin we know"}, {"start": "00:23:53", "end": "00:23:58", "text": "bottoms later in the year historically"}, {"start": "00:23:55", "end": "00:24:01", "text": "from a four-year cycle perspective. So"}, {"start": "00:23:58", "end": "00:24:04", "text": "the four-year cycle perspective would"}, {"start": "00:24:01", "end": "00:24:06", "text": "likely say that the low occurs later in"}, {"start": "00:24:04", "end": "00:24:09", "text": "the year. But even that's not inherently"}, {"start": "00:24:06", "end": "00:24:12", "text": "true. Okay? Because the four-year cycle"}, {"start": "00:24:09", "end": "00:24:14", "text": "doesn't say that the market has to"}, {"start": "00:24:12", "end": "00:24:15", "text": "bottom in the fourth quarter. The mark"}, {"start": "00:24:14", "end": "00:24:17", "text": "it just says the market bottoms"}, {"start": "00:24:15", "end": "00:24:20", "text": "approximately every four years. And if"}, {"start": "00:24:17", "end": "00:24:21", "text": "you look at the S&P 500,"}, {"start": "00:24:20", "end": "00:24:23", "text": "you can see there were plenty of times"}, {"start": "00:24:21", "end": "00:24:27", "text": "in prior cycles where it bottomed in"}, {"start": "00:24:23", "end": "00:24:30", "text": "October, like in 1966 and 1974. But in"}, {"start": "00:24:27", "end": "00:24:32", "text": "1970, it actually bottomed in May. So I"}, {"start": "00:24:30", "end": "00:24:34", "text": "I would still say that this is a"}, {"start": "00:24:32", "end": "00:24:35", "text": "four-year cycle. This looks like a"}, {"start": "00:24:34", "end": "00:24:39", "text": "pretty convincing four-year cycle,"}, {"start": "00:24:35", "end": "00:24:41", "text": "right? You have 1966, 1970, 1974. Just"}, {"start": "00:24:39", "end": "00:24:42", "text": "because in one of those years it"}, {"start": "00:24:41", "end": "00:24:45", "text": "happened a little bit early does not"}, {"start": "00:24:42", "end": "00:24:46", "text": "negate the four-year cycle. So, I would"}, {"start": "00:24:45", "end": "00:24:48", "text": "argue this might piss a lot of people"}, {"start": "00:24:46", "end": "00:24:49", "text": "off. But again, I'm just telling you,"}, {"start": "00:24:48", "end": "00:24:51", "text": "and I've I said this even earlier, I"}, {"start": "00:24:49", "end": "00:24:53", "text": "said you could have a low as early as"}, {"start": "00:24:51", "end": "00:24:56", "text": "May and and the four-year cycle still be"}, {"start": "00:24:53", "end": "00:24:57", "text": "intact. But from from just the"}, {"start": "00:24:56", "end": "00:25:00", "text": "perspective of what Bitcoin has"}, {"start": "00:24:57", "end": "00:25:02", "text": "historically done, it normally bottoms"}, {"start": "00:25:00", "end": "00:25:04", "text": "later in the year. So, that would go"}, {"start": "00:25:02", "end": "00:25:08", "text": "towards the bears."}, {"start": "00:25:04", "end": "00:25:11", "text": "However, I do think that the bulls could"}, {"start": "00:25:08", "end": "00:25:13", "text": "have a case by simply pointing to the"}, {"start": "00:25:11", "end": "00:25:15", "text": "stock market and saying, \"Look, it has"}, {"start": "00:25:13", "end": "00:25:17", "text": "previously gone through four-ear cycles"}, {"start": "00:25:15", "end": "00:25:20", "text": "where the low occurred kind of closer to"}, {"start": "00:25:17", "end": "00:25:22", "text": "the summer time frame.\" So, I'm going to"}, {"start": "00:25:20", "end": "00:25:24", "text": "I'm going to give a point to the bulls"}, {"start": "00:25:22", "end": "00:25:27", "text": "as well in this case because I don't"}, {"start": "00:25:24", "end": "00:25:29", "text": "think we can clearly say beyond a shadow"}, {"start": "00:25:27", "end": "00:25:31", "text": "of a doubt that the four-year cycle"}, {"start": "00:25:29", "end": "00:25:33", "text": "would be dead if we don't go back down."}, {"start": "00:25:31", "end": "00:25:35", "text": "I think in and I know today everyone"}, {"start": "00:25:33", "end": "00:25:37", "text": "would say it's dead, but if you're"}, {"start": "00:25:35", "end": "00:25:40", "text": "looking back at this in 20 years or"}, {"start": "00:25:37", "end": "00:25:43", "text": "something and you still saw a low in"}, {"start": "00:25:40", "end": "00:25:45", "text": "2014 and 2018 and 2022 and 2026, are you"}, {"start": "00:25:43", "end": "00:25:46", "text": "really going to ring your hands because"}, {"start": "00:25:45", "end": "00:25:48", "text": "it occurred a few months earlier in the"}, {"start": "00:25:46", "end": "00:25:49", "text": "midterm year? No. You'll just say, \"All"}, {"start": "00:25:48", "end": "00:25:51", "text": "right, we had a we had a slightly"}, {"start": "00:25:49", "end": "00:25:52", "text": "shorter bare market because we had an"}, {"start": "00:25:51", "end": "00:25:54", "text": "apathetic top, but that the four-year"}, {"start": "00:25:52", "end": "00:25:57", "text": "cycle still played out.\" So, I still"}, {"start": "00:25:54", "end": "00:25:59", "text": "think you could give it to the bulls."}, {"start": "00:25:57", "end": "00:26:01", "text": "Although, my bias would be to give it to"}, {"start": "00:25:59", "end": "00:26:03", "text": "the Bears. I think the bulls would have"}, {"start": "00:26:01", "end": "00:26:07", "text": "a case which is why they get a point as"}, {"start": "00:26:03", "end": "00:26:09", "text": "well. Okay. Now, if you measure it from"}, {"start": "00:26:07", "end": "00:26:14", "text": "the low, okay, and we're just simply"}, {"start": "00:26:09", "end": "00:26:17", "text": "going to look at low to low,"}, {"start": "00:26:14", "end": "00:26:18", "text": "okay, for the last couple of cycles."}, {"start": "00:26:17", "end": "00:26:20", "text": "Bitcoin topped within a week or two of"}, {"start": "00:26:18", "end": "00:26:23", "text": "when it always does. If that were to be"}, {"start": "00:26:20", "end": "00:26:25", "text": "the case, it would not bottom until"}, {"start": "00:26:23", "end": "00:26:28", "text": "around day 1432"}, {"start": "00:26:25", "end": "00:26:30", "text": "to 13 1436. And we're currently on day"}, {"start": "00:26:28", "end": "00:26:32", "text": "1387. So that's still about two months"}, {"start": "00:26:30", "end": "00:26:34", "text": "away, about maybe a month and a half"}, {"start": "00:26:32", "end": "00:26:36", "text": "away, like late October, early November"}, {"start": "00:26:34", "end": "00:26:39", "text": "time frame. This would be a point for"}, {"start": "00:26:36", "end": "00:26:41", "text": "the bears because, and the reason it is"}, {"start": "00:26:39", "end": "00:26:43", "text": "is because at the top, I remember"}, {"start": "00:26:41", "end": "00:26:45", "text": "telling people like, \"Hey guys, like"}, {"start": "00:26:43", "end": "00:26:47", "text": "this is we've reached kind of the limits"}, {"start": "00:26:45", "end": "00:26:49", "text": "here, right? We're in the ballpark of"}, {"start": "00:26:47", "end": "00:26:50", "text": "when we should top and everyone was"}, {"start": "00:26:49", "end": "00:26:52", "text": "like, \"No, like it's not going to"}, {"start": "00:26:50", "end": "00:26:53", "text": "happen.\" Because everyone's looking at"}, {"start": "00:26:52", "end": "00:26:55", "text": "the chart and if everyone's looking at"}, {"start": "00:26:53", "end": "00:26:58", "text": "it, then it won't happen. But then"}, {"start": "00:26:55", "end": "00:26:59", "text": "Bitcoin still topped."}, {"start": "00:26:58", "end": "00:27:01", "text": "So now it's kind of the opposite is"}, {"start": "00:26:59", "end": "00:27:02", "text": "everyone's like looking at it and being"}, {"start": "00:27:01", "end": "00:27:03", "text": "like all right well if everyone's"}, {"start": "00:27:02", "end": "00:27:08", "text": "thinking it's going to happen then it"}, {"start": "00:27:03", "end": "00:27:11", "text": "won't but why can't it like why yes I"}, {"start": "00:27:08", "end": "00:27:13", "text": "agree that it might not be as likely but"}, {"start": "00:27:11", "end": "00:27:16", "text": "it still could right like it still could"}, {"start": "00:27:13", "end": "00:27:18", "text": "happen um there could still be a lot a"}, {"start": "00:27:16", "end": "00:27:20", "text": "drop into Q4 we don't know yet and that"}, {"start": "00:27:18", "end": "00:27:23", "text": "but that's what's always happened so for"}, {"start": "00:27:20", "end": "00:27:28", "text": "me that one would be more so a point for"}, {"start": "00:27:23", "end": "00:27:30", "text": "the Bears because every time in history"}, {"start": "00:27:28", "end": "00:27:33", "text": "where the bulls got overly excited and"}, {"start": "00:27:30", "end": "00:27:35", "text": "euphoric before the fourth quarter of"}, {"start": "00:27:33", "end": "00:27:36", "text": "the midterm year. They it was premature,"}, {"start": "00:27:35", "end": "00:27:39", "text": "right? And there was always something"}, {"start": "00:27:36", "end": "00:27:42", "text": "that happened that took Bitcoin lower."}, {"start": "00:27:39", "end": "00:27:44", "text": "So that would be a point for the bears."}, {"start": "00:27:42", "end": "00:27:47", "text": "Now, if you measure it from the ROI"}, {"start": "00:27:44", "end": "00:27:49", "text": "after the cycle peak"}, {"start": "00:27:47", "end": "00:27:51", "text": "and you go peak to peak, you can see"}, {"start": "00:27:49", "end": "00:27:53", "text": "that every prior time the low didn't"}, {"start": "00:27:51", "end": "00:27:58", "text": "occur until further out. So, we're"}, {"start": "00:27:53", "end": "00:28:01", "text": "currently on day 336. Uh last cycle"}, {"start": "00:27:58", "end": "00:28:03", "text": "the load did not occur until day 377."}, {"start": "00:28:01", "end": "00:28:08", "text": "And then the cycle before that the load"}, {"start": "00:28:03", "end": "00:28:10", "text": "did not occur until um 365. And the"}, {"start": "00:28:08", "end": "00:28:12", "text": "cycle before that didn't occur until"}, {"start": "00:28:10", "end": "00:28:15", "text": "406. Again, we're currently on only only"}, {"start": "00:28:12", "end": "00:28:18", "text": "day 337, but the low occurred in the"}, {"start": "00:28:15", "end": "00:28:23", "text": "200s. So this would also be clearly a"}, {"start": "00:28:18", "end": "00:28:23", "text": "point for the bears."}, {"start": "00:28:23", "end": "00:28:27", "text": "So it's 9 to7, right? And by the way,"}, {"start": "00:28:25", "end": "00:28:29", "text": "this is why everyone's so divided"}, {"start": "00:28:27", "end": "00:28:31", "text": "because you can find a reason to be"}, {"start": "00:28:29", "end": "00:28:33", "text": "bearish. You can find a reason to be"}, {"start": "00:28:31", "end": "00:28:36", "text": "bullish, you know? I mean, it's not"}, {"start": "00:28:33", "end": "00:28:38", "text": "hard. And and I think it's important to"}, {"start": "00:28:36", "end": "00:28:41", "text": "understand all of these points so that"}, {"start": "00:28:38", "end": "00:28:45", "text": "you can have a better understanding of"}, {"start": "00:28:41", "end": "00:28:46", "text": "what the other side is is seeing because"}, {"start": "00:28:45", "end": "00:28:49", "text": "if you're just going to be blindly"}, {"start": "00:28:46", "end": "00:28:51", "text": "bearish or blindly bullish and just say"}, {"start": "00:28:49", "end": "00:28:53", "text": "that the other side's complete"}, {"start": "00:28:51", "end": "00:28:56", "text": "that's not fair, right? Like the bears"}, {"start": "00:28:53", "end": "00:28:58", "text": "have a point, but so too do the bulls,"}, {"start": "00:28:56", "end": "00:29:00", "text": "right? It's not like there's no"}, {"start": "00:28:58", "end": "00:29:02", "text": "indicators that the bulls could look to,"}, {"start": "00:29:00", "end": "00:29:05", "text": "just like the bears have some indicators"}, {"start": "00:29:02", "end": "00:29:07", "text": "that they could look to."}, {"start": "00:29:05", "end": "00:29:09", "text": "All models are wrong, some are useful."}, {"start": "00:29:07", "end": "00:29:11", "text": "And in this case, some models are going"}, {"start": "00:29:09", "end": "00:29:14", "text": "to be wrong because they can't all be"}, {"start": "00:29:11", "end": "00:29:17", "text": "true, right? Something is going to win"}, {"start": "00:29:14", "end": "00:29:20", "text": "in the end. Something will. And we'll"}, {"start": "00:29:17", "end": "00:29:22", "text": "just see which one it is. Okay."}, {"start": "00:29:20", "end": "00:29:25", "text": "So that would be the ROI from from the"}, {"start": "00:29:22", "end": "00:29:27", "text": "peak. Now this is a chart we don't look"}, {"start": "00:29:25", "end": "00:29:30", "text": "at as much, but it's the ROI after the"}, {"start": "00:29:27", "end": "00:29:33", "text": "having. Okay. So if you look at"}, {"start": "00:29:30", "end": "00:29:35", "text": "Bitcoin's ROI after the having, what"}, {"start": "00:29:33", "end": "00:29:37", "text": "you'll notice, and we take it out to the"}, {"start": "00:29:35", "end": "00:29:39", "text": "next having, what you'll notice is that"}, {"start": "00:29:37", "end": "00:29:41", "text": "the low"}, {"start": "00:29:39", "end": "00:29:43", "text": "historically has occurred further out"}, {"start": "00:29:41", "end": "00:29:47", "text": "generally speaking. Okay, we're"}, {"start": "00:29:43", "end": "00:29:50", "text": "currently on day 870 something. The low"}, {"start": "00:29:47", "end": "00:29:52", "text": "occurred around day 800,"}, {"start": "00:29:50", "end": "00:29:54", "text": "but last cycle, the actual low didn't"}, {"start": "00:29:52", "end": "00:29:56", "text": "occur until day 924. So about three"}, {"start": "00:29:54", "end": "00:29:58", "text": "months after the one we've already had."}, {"start": "00:29:56", "end": "00:30:00", "text": "The cycle before that didn't occur until"}, {"start": "00:29:58", "end": "00:30:03", "text": "almost day 900. So again, about about 3"}, {"start": "00:30:00", "end": "00:30:05", "text": "months later. The cycle before that,"}, {"start": "00:30:03", "end": "00:30:09", "text": "there was a low that occurred around day"}, {"start": "00:30:05", "end": "00:30:12", "text": "800 on day 77 777."}, {"start": "00:30:09", "end": "00:30:15", "text": "But this does not include intraday wicks"}, {"start": "00:30:12", "end": "00:30:18", "text": "in 2014, 2015."}, {"start": "00:30:15", "end": "00:30:19", "text": "The low, believe it or not, and I we"}, {"start": "00:30:18", "end": "00:30:20", "text": "don't spend a lot of time talking about"}, {"start": "00:30:19", "end": "00:30:23", "text": "this, but back then the low did not"}, {"start": "00:30:20", "end": "00:30:24", "text": "occur in early January. Like I kind of"}, {"start": "00:30:23", "end": "00:30:26", "text": "like I I'll say a lot of times it"}, {"start": "00:30:24", "end": "00:30:28", "text": "occurred in early January. Some"}, {"start": "00:30:26", "end": "00:30:30", "text": "exchanges went lower in late 2025. In"}, {"start": "00:30:28", "end": "00:30:33", "text": "August 2025, you can see the low if you"}, {"start": "00:30:30", "end": "00:30:37", "text": "look here uh where it says low uh you"}, {"start": "00:30:33", "end": "00:30:40", "text": "can see in January the low was 16645"}, {"start": "00:30:37", "end": "00:30:42", "text": "and then in August it was 162. So we"}, {"start": "00:30:40", "end": "00:30:45", "text": "actually went lower. So even in that"}, {"start": "00:30:42", "end": "00:30:49", "text": "case, the low on the intraday wick"}, {"start": "00:30:45", "end": "00:30:53", "text": "didn't occur until day 1. So this one I"}, {"start": "00:30:49", "end": "00:30:55", "text": "would lean more towards the bears. But"}, {"start": "00:30:53", "end": "00:30:58", "text": "in 2014, you can see there was a low"}, {"start": "00:30:55", "end": "00:31:00", "text": "around day 7 around day 800, which is"}, {"start": "00:30:58", "end": "00:31:01", "text": "exactly where we, you know, found an"}, {"start": "00:31:00", "end": "00:31:03", "text": "initial low and then there was a nice"}, {"start": "00:31:01", "end": "00:31:04", "text": "rally and then it just simply came back"}, {"start": "00:31:03", "end": "00:31:07", "text": "down. So, I'm going to give it to the"}, {"start": "00:31:04", "end": "00:31:09", "text": "bears just simply because even though"}, {"start": "00:31:07", "end": "00:31:11", "text": "the low was arguably in in January, we"}, {"start": "00:31:09", "end": "00:31:14", "text": "came back down after that. So, I'm going"}, {"start": "00:31:11", "end": "00:31:16", "text": "to give it to the bears, but there are"}, {"start": "00:31:14", "end": "00:31:18", "text": "some cases where the bulls might have a"}, {"start": "00:31:16", "end": "00:31:20", "text": "point. Okay, there there would be. So, I"}, {"start": "00:31:18", "end": "00:31:23", "text": "won't pretend like you can't find the"}, {"start": "00:31:20", "end": "00:31:24", "text": "bull case. Um, and you know what? To be"}, {"start": "00:31:23", "end": "00:31:26", "text": "fair, we're just going to give a point"}, {"start": "00:31:24", "end": "00:31:28", "text": "to the Bulls because I like I feel like"}, {"start": "00:31:26", "end": "00:31:30", "text": "I could look at that and if I jump"}, {"start": "00:31:28", "end": "00:31:32", "text": "through enough mental mental gymnastics"}, {"start": "00:31:30", "end": "00:31:33", "text": "hoops, like I could maybe find a reason."}, {"start": "00:31:32", "end": "00:31:36", "text": "Okay. So, we'll we'll give a point to"}, {"start": "00:31:33", "end": "00:31:40", "text": "either side in that scenario. Now,"}, {"start": "00:31:36", "end": "00:31:42", "text": "here's one that is is a little tricky"}, {"start": "00:31:40", "end": "00:31:46", "text": "and I'm going to try to be fair, but"}, {"start": "00:31:42", "end": "00:31:47", "text": "it's volume. Okay. Now, look at at at"}, {"start": "00:31:46", "end": "00:31:51", "text": "volume. Sorry, I clicked on the wrong"}, {"start": "00:31:47", "end": "00:31:53", "text": "thing. So, every prior market cycle"}, {"start": "00:31:51", "end": "00:31:55", "text": "bottom for Bitcoin occurred on a volume"}, {"start": "00:31:53", "end": "00:31:58", "text": "spike. We've talked about this before,"}, {"start": "00:31:55", "end": "00:32:00", "text": "how volume falls off in the bare market"}, {"start": "00:31:58", "end": "00:32:01", "text": "and then once you hit a wall, you see"}, {"start": "00:32:00", "end": "00:32:03", "text": "that wall right there? That's where the"}, {"start": "00:32:01", "end": "00:32:06", "text": "low occurs. You can see it happened in"}, {"start": "00:32:03", "end": "00:32:08", "text": "2014, 2015. And then the the the the"}, {"start": "00:32:06", "end": "00:32:11", "text": "low that occurred later didn't even have"}, {"start": "00:32:08", "end": "00:32:13", "text": "a volume, a massive volume spike. So"}, {"start": "00:32:11", "end": "00:32:14", "text": "that's a point for why the January low"}, {"start": "00:32:13", "end": "00:32:16", "text": "was the true low and not the one later"}, {"start": "00:32:14", "end": "00:32:20", "text": "in 2015. But you can see it happened in"}, {"start": "00:32:16", "end": "00:32:22", "text": "2014. You can see in 2018, right, low"}, {"start": "00:32:20", "end": "00:32:24", "text": "volume and then you hit this massive"}, {"start": "00:32:22", "end": "00:32:27", "text": "move up on the spike. That was the low."}, {"start": "00:32:24", "end": "00:32:28", "text": "And then 2022,"}, {"start": "00:32:27", "end": "00:32:31", "text": "same thing, right? You have your bare"}, {"start": "00:32:28", "end": "00:32:34", "text": "market and then you get these massive"}, {"start": "00:32:31", "end": "00:32:37", "text": "spikes that occur."}, {"start": "00:32:34", "end": "00:32:37", "text": "2026,"}, {"start": "00:32:37", "end": "00:32:44", "text": "no spike. 2019"}, {"start": "00:32:42", "end": "00:32:46", "text": "did not have a spike after the top until"}, {"start": "00:32:44", "end": "00:32:48", "text": "the pandemic low."}, {"start": "00:32:46", "end": "00:32:50", "text": "But again,"}, {"start": "00:32:48", "end": "00:32:52", "text": "how can I how can I just discount it?"}, {"start": "00:32:50", "end": "00:32:54", "text": "Like I I don't know what would have"}, {"start": "00:32:52", "end": "00:32:57", "text": "happened had the pandemic not occurred."}, {"start": "00:32:54", "end": "00:32:59", "text": "And put it this way, it's not a point"}, {"start": "00:32:57", "end": "00:33:01", "text": "for the bulls that the pandemic"}, {"start": "00:32:59", "end": "00:33:02", "text": "occurred. It just might not be a point"}, {"start": "00:33:01", "end": "00:33:04", "text": "for the bears, right? It's not like we"}, {"start": "00:33:02", "end": "00:33:06", "text": "can know for sure what would have"}, {"start": "00:33:04", "end": "00:33:08", "text": "happened. We know that if you just look"}, {"start": "00:33:06", "end": "00:33:10", "text": "at it without narratives, it's a point"}, {"start": "00:33:08", "end": "00:33:13", "text": "for the bears because even though"}, {"start": "00:33:10", "end": "00:33:15", "text": "Bitcoin topped on apathy back then, the"}, {"start": "00:33:13", "end": "00:33:20", "text": "low was not in until you had a massive"}, {"start": "00:33:15", "end": "00:33:21", "text": "volume spike. Yes, due to a pandemic,"}, {"start": "00:33:20", "end": "00:33:23", "text": "but it doesn't matter, right? like you"}, {"start": "00:33:21", "end": "00:33:26", "text": "still had a massive volume spike"}, {"start": "00:33:23", "end": "00:33:29", "text": "regardless of how it occurred. So all we"}, {"start": "00:33:26", "end": "00:33:33", "text": "know is that we've had three mar market"}, {"start": "00:33:29", "end": "00:33:35", "text": "cycle tops in the past that bottomed on"}, {"start": "00:33:33", "end": "00:33:39", "text": "spikes in volume and then we have an"}, {"start": "00:33:35", "end": "00:33:42", "text": "apathetic top that bottomed"}, {"start": "00:33:39", "end": "00:33:46", "text": "on the pandemic."}, {"start": "00:33:42", "end": "00:33:48", "text": "They all ended in fear even though it"}, {"start": "00:33:46", "end": "00:33:50", "text": "was an apathetic top."}, {"start": "00:33:48", "end": "00:33:52", "text": "So we're going to give it to the bears."}, {"start": "00:33:50", "end": "00:33:58", "text": "Okay. And I want to I want to briefly"}, {"start": "00:33:52", "end": "00:33:59", "text": "explain why very very quickly. Okay. Um"}, {"start": "00:33:58", "end": "00:34:02", "text": "and this is something I've wrestled with"}, {"start": "00:33:59", "end": "00:34:04", "text": "a lot. There's a lot of people that will"}, {"start": "00:34:02", "end": "00:34:06", "text": "like look at at at apathetic tops and"}, {"start": "00:34:04", "end": "00:34:10", "text": "say that you don't have to reset"}, {"start": "00:34:06", "end": "00:34:15", "text": "indicators, but in some ways in some"}, {"start": "00:34:10", "end": "00:34:15", "text": "ways an apathetic top"}, {"start": "00:34:16", "end": "00:34:21", "text": "a euphoric top implies there's interest"}, {"start": "00:34:19", "end": "00:34:24", "text": "in the space, does it not? Right? like"}, {"start": "00:34:21", "end": "00:34:26", "text": "it implies there's interest and and yes,"}, {"start": "00:34:24", "end": "00:34:29", "text": "you could argue that the people that are"}, {"start": "00:34:26", "end": "00:34:31", "text": "buying Bitcoin at the top of the"}, {"start": "00:34:29", "end": "00:34:34", "text": "euphoria are the are the reason it"}, {"start": "00:34:31", "end": "00:34:36", "text": "eventually goes back down and ends up"}, {"start": "00:34:34", "end": "00:34:40", "text": "dropping, you know, 70 80%."}, {"start": "00:34:36", "end": "00:34:45", "text": "But it also shows that there's interest"}, {"start": "00:34:40", "end": "00:34:48", "text": "in the cryptoverse in in Bitcoin."}, {"start": "00:34:45", "end": "00:34:50", "text": "What if right like I think there's this"}, {"start": "00:34:48", "end": "00:34:53", "text": "general thinking that social interest is"}, {"start": "00:34:50", "end": "00:34:56", "text": "going to come back and I hope it does"}, {"start": "00:34:53", "end": "00:34:59", "text": "right like I mean I really hope it does"}, {"start": "00:34:56", "end": "00:35:02", "text": "but it's been bleeding since 2021."}, {"start": "00:34:59", "end": "00:35:05", "text": "Now I can look at this chart"}, {"start": "00:35:02", "end": "00:35:07", "text": "and I'm confident that social interest"}, {"start": "00:35:05", "end": "00:35:10", "text": "will eventually come back because if you"}, {"start": "00:35:07", "end": "00:35:12", "text": "compare this to the 2018 2019 era with"}, {"start": "00:35:10", "end": "00:35:13", "text": "tighter monetary policy it all makes"}, {"start": "00:35:12", "end": "00:35:15", "text": "sense. We didn't social interest didn't"}, {"start": "00:35:13", "end": "00:35:19", "text": "really start trending back up again"}, {"start": "00:35:15", "end": "00:35:22", "text": "until uh until looser monetary policy"}, {"start": "00:35:19", "end": "00:35:25", "text": "arrived. And what you'll notice is that"}, {"start": "00:35:22", "end": "00:35:26", "text": "social interest was starting to trend up"}, {"start": "00:35:25", "end": "00:35:29", "text": "and it was putting in higher lows and"}, {"start": "00:35:26", "end": "00:35:31", "text": "then we still went low to a lower low on"}, {"start": "00:35:29", "end": "00:35:33", "text": "the recession or on the yeah on in the"}, {"start": "00:35:31", "end": "00:35:36", "text": "pandemic drop. We have been trending up"}, {"start": "00:35:33", "end": "00:35:38", "text": "like social interest here has been"}, {"start": "00:35:36", "end": "00:35:40", "text": "trending up. So if anything you could"}, {"start": "00:35:38", "end": "00:35:41", "text": "argue that it is similar to 2019. The"}, {"start": "00:35:40", "end": "00:35:43", "text": "question is is do we get a final"}, {"start": "00:35:41", "end": "00:35:45", "text": "shakeout, right? Do we get a final"}, {"start": "00:35:43", "end": "00:35:46", "text": "shakeout? By the way, you could get a"}, {"start": "00:35:45", "end": "00:35:50", "text": "final shakeout and it just simply be a"}, {"start": "00:35:46", "end": "00:35:52", "text": "higher low, right? I am not opposed at"}, {"start": "00:35:50", "end": "00:35:54", "text": "all if that were to happen. Like if"}, {"start": "00:35:52", "end": "00:35:56", "text": "Bitcoin were to just simply fade here,"}, {"start": "00:35:54", "end": "00:35:58", "text": "come back down to like 60K, print a"}, {"start": "00:35:56", "end": "00:36:01", "text": "higher low, and go up, I could be"}, {"start": "00:35:58", "end": "00:36:05", "text": "perfectly fine with that. But just from"}, {"start": "00:36:01", "end": "00:36:09", "text": "the perspective of of social interest, I"}, {"start": "00:36:05", "end": "00:36:11", "text": "I don't think you can say definitively"}, {"start": "00:36:09", "end": "00:36:12", "text": "that it can't go lower. Like what if it"}, {"start": "00:36:11", "end": "00:36:15", "text": "just eventually goes lower because"}, {"start": "00:36:12", "end": "00:36:18", "text": "there's no one interested, right? Like"}, {"start": "00:36:15", "end": "00:36:19", "text": "what if what if social interest what if"}, {"start": "00:36:18", "end": "00:36:22", "text": "this is just simply printing another"}, {"start": "00:36:19", "end": "00:36:24", "text": "lower high? I don't necessarily believe"}, {"start": "00:36:22", "end": "00:36:28", "text": "that it has to go down to set a new low,"}, {"start": "00:36:24", "end": "00:36:31", "text": "but there is that case. Now, so we're"}, {"start": "00:36:28", "end": "00:36:35", "text": "going to give that one to to the bears."}, {"start": "00:36:31", "end": "00:36:37", "text": "But with that said, if you were to look"}, {"start": "00:36:35", "end": "00:36:39", "text": "at at Sorry, I don't know why I went off"}, {"start": "00:36:37", "end": "00:36:41", "text": "that page. If you go back to the social"}, {"start": "00:36:39", "end": "00:36:44", "text": "interest chart and you you compare it to"}, {"start": "00:36:41", "end": "00:36:46", "text": "say the Coinbase app rankings, you can"}, {"start": "00:36:44", "end": "00:36:47", "text": "see that in 2018, Bitcoin found a low"}, {"start": "00:36:46", "end": "00:36:50", "text": "when this thing basically fell to the"}, {"start": "00:36:47", "end": "00:36:51", "text": "floor just like and and in 2022, it"}, {"start": "00:36:50", "end": "00:36:53", "text": "occurred after it fell to the floor."}, {"start": "00:36:51", "end": "00:36:55", "text": "Well, it already fell to the floor. So,"}, {"start": "00:36:53", "end": "00:36:57", "text": "this chart would be more so in favor of"}, {"start": "00:36:55", "end": "00:36:59", "text": "the bulls. Right. I mean, clearly it"}, {"start": "00:36:57", "end": "00:37:01", "text": "would go more towards the bulls than the"}, {"start": "00:36:59", "end": "00:37:03", "text": "bears."}, {"start": "00:37:01", "end": "00:37:05", "text": "And I don't think that that's"}, {"start": "00:37:03", "end": "00:37:07", "text": "particularly"}, {"start": "00:37:05", "end": "00:37:09", "text": "that crazy of a thought. If you were to"}, {"start": "00:37:07", "end": "00:37:11", "text": "look at Google Trends, that continues to"}, {"start": "00:37:09", "end": "00:37:13", "text": "trend down, right? Like that hasn't"}, {"start": "00:37:11", "end": "00:37:14", "text": "picked up at all. Wikipedia page views,"}, {"start": "00:37:13", "end": "00:37:17", "text": "I don't know who's looking at Wikipedia"}, {"start": "00:37:14", "end": "00:37:19", "text": "to learn about Bitcoin, but I mean, this"}, {"start": "00:37:17", "end": "00:37:22", "text": "is the the problem is like what if this"}, {"start": "00:37:19", "end": "00:37:25", "text": "just keeps trending down, you know? Um,"}, {"start": "00:37:22", "end": "00:37:28", "text": "what does that mean? Does it does it"}, {"start": "00:37:25", "end": "00:37:30", "text": "have to uh ever come back? I hope it"}, {"start": "00:37:28", "end": "00:37:32", "text": "does. I wouldn't be making videos about"}, {"start": "00:37:30", "end": "00:37:34", "text": "Bitcoin if I never thought it was if I"}, {"start": "00:37:32", "end": "00:37:36", "text": "thought it was never going to come back."}, {"start": "00:37:34", "end": "00:37:38", "text": "I think it will come back, but what if"}, {"start": "00:37:36", "end": "00:37:40", "text": "I'm wrong, right? Like what if I'm wrong"}, {"start": "00:37:38", "end": "00:37:42", "text": "and or maybe it comes back, but it"}, {"start": "00:37:40", "end": "00:37:45", "text": "doesn't come back for 20 years or"}, {"start": "00:37:42", "end": "00:37:46", "text": "something. There are cases to be made"}, {"start": "00:37:45", "end": "00:37:48", "text": "for that, right? And you know, I could"}, {"start": "00:37:46", "end": "00:37:50", "text": "make one of them. Now, you know, one of"}, {"start": "00:37:48", "end": "00:37:54", "text": "the one of the things that I've talked"}, {"start": "00:37:50", "end": "00:37:56", "text": "about before are patterns. you know, and"}, {"start": "00:37:54", "end": "00:37:58", "text": "and this is a scary pattern, and I'm not"}, {"start": "00:37:56", "end": "00:38:00", "text": "going to dwell on it too much, but it it"}, {"start": "00:37:58", "end": "00:38:02", "text": "is a case for the bears, and I'm just"}, {"start": "00:38:00", "end": "00:38:05", "text": "going to plainly show it to you. Theatic"}, {"start": "00:38:02", "end": "00:38:08", "text": "ETFs often launch near the end of bull"}, {"start": "00:38:05", "end": "00:38:11", "text": "markets, not near the beginning of them."}, {"start": "00:38:08", "end": "00:38:13", "text": "Okay? If you look at the QQQ, it was"}, {"start": "00:38:11", "end": "00:38:17", "text": "launched in 1999. But if you look at the"}, {"start": "00:38:13", "end": "00:38:21", "text": "NASDAQ, right, the NASDAQ was already in"}, {"start": "00:38:17", "end": "00:38:23", "text": "a major bull market before 1999. like it"}, {"start": "00:38:21", "end": "00:38:26", "text": "was it was it was already going up quite"}, {"start": "00:38:23", "end": "00:38:29", "text": "a lot well before 1999. But when the QQQ"}, {"start": "00:38:26", "end": "00:38:31", "text": "launched in like March of 99, you can"}, {"start": "00:38:29", "end": "00:38:34", "text": "see that propelled the final leg of the"}, {"start": "00:38:31", "end": "00:38:38", "text": "bull market. And what you'll notice is"}, {"start": "00:38:34", "end": "00:38:41", "text": "that the QQQ when it launched was at"}, {"start": "00:38:38", "end": "00:38:44", "text": "around 48."}, {"start": "00:38:41", "end": "00:38:48", "text": "You see that 48. Now when Bitcoin's ETF"}, {"start": "00:38:44", "end": "00:38:51", "text": "launched, Bitcoin was at around 48K,"}, {"start": "00:38:48", "end": "00:38:53", "text": "right? It was it was right around 48K."}, {"start": "00:38:51", "end": "00:38:56", "text": "And then what happened after the launch"}, {"start": "00:38:53", "end": "00:39:01", "text": "is that Bitcoin rallied up to a little"}, {"start": "00:38:56", "end": "00:39:06", "text": "over 120K, right? So 48 to 120. The QQQ"}, {"start": "00:39:01", "end": "00:39:09", "text": "went from 48 to 120. It did the same"}, {"start": "00:39:06", "end": "00:39:13", "text": "thing. And guess where the low was that"}, {"start": "00:39:09", "end": "00:39:17", "text": "occurred? Guess where the low occurred?"}, {"start": "00:39:13", "end": "00:39:19", "text": "Care to guess? 60. Where did Bitcoin's"}, {"start": "00:39:17", "end": "00:39:21", "text": "low occur?"}, {"start": "00:39:19", "end": "00:39:22", "text": "60."}, {"start": "00:39:21", "end": "00:39:23", "text": "So, we could look at this and say, well,"}, {"start": "00:39:22", "end": "00:39:25", "text": "this is different because this was an"}, {"start": "00:39:23", "end": "00:39:28", "text": "apathetic top, whereas that one was"}, {"start": "00:39:25", "end": "00:39:31", "text": "euphoric. But was it? Because the QQQ"}, {"start": "00:39:28", "end": "00:39:34", "text": "went from 48 to 120. Bitcoin went from"}, {"start": "00:39:31", "end": "00:39:35", "text": "48 to 120. It's kind of the same thing,"}, {"start": "00:39:34", "end": "00:39:38", "text": "right? I mean, who are we to judge what"}, {"start": "00:39:35", "end": "00:39:40", "text": "the emotions were exactly? Who are we to"}, {"start": "00:39:38", "end": "00:39:43", "text": "judge? It just the the the price"}, {"start": "00:39:40", "end": "00:39:46", "text": "matches."}, {"start": "00:39:43", "end": "00:39:49", "text": "The QQQ bounced off of 60, but then"}, {"start": "00:39:46", "end": "00:39:52", "text": "eventually it went lower. And honestly,"}, {"start": "00:39:49", "end": "00:39:54", "text": "this is what keeps me up at night. Not"}, {"start": "00:39:52", "end": "00:39:55", "text": "whether, you know, I don't buy enough"}, {"start": "00:39:54", "end": "00:39:57", "text": "Bitcoin before the next bull market"}, {"start": "00:39:55", "end": "00:39:59", "text": "starts. Like I bought some in early July"}, {"start": "00:39:57", "end": "00:40:03", "text": "when I said I was. But the thing that"}, {"start": "00:39:59", "end": "00:40:05", "text": "keeps me up at night is what if Bitcoin"}, {"start": "00:40:03", "end": "00:40:08", "text": "drops back down"}, {"start": "00:40:05", "end": "00:40:12", "text": "uh to, you know, into October, November,"}, {"start": "00:40:08", "end": "00:40:15", "text": "December, and what if it goes to where"}, {"start": "00:40:12", "end": "00:40:17", "text": "the QQQ went 52. Imagine that. Imagine"}, {"start": "00:40:15", "end": "00:40:20", "text": "if Bitcoin were to go to $52,000 in"}, {"start": "00:40:17", "end": "00:40:21", "text": "October. It'd be hard not to buy it,"}, {"start": "00:40:20", "end": "00:40:24", "text": "right? Because that's the four-ear cycle"}, {"start": "00:40:21", "end": "00:40:27", "text": "low. You know, load them all up."}, {"start": "00:40:24", "end": "00:40:31", "text": "Bitcoin's below the realized price."}, {"start": "00:40:27", "end": "00:40:31", "text": "Again, look at the realized price."}, {"start": "00:40:33", "end": "00:40:38", "text": "Where is the realized price?"}, {"start": "00:40:36", "end": "00:40:42", "text": "It's at 53K."}, {"start": "00:40:38", "end": "00:40:44", "text": "So, if Bitcoin were to drop to 52 in Q4,"}, {"start": "00:40:42", "end": "00:40:46", "text": "it'd be really easy to say that's the"}, {"start": "00:40:44", "end": "00:40:48", "text": "low. We're below the realized price. And"}, {"start": "00:40:46", "end": "00:40:49", "text": "then let's just forsake the balance"}, {"start": "00:40:48", "end": "00:40:52", "text": "price and assume it doesn't have to"}, {"start": "00:40:49", "end": "00:40:54", "text": "print. And then we get a bounce off of"}, {"start": "00:40:52", "end": "00:40:57", "text": "the realized price low."}, {"start": "00:40:54", "end": "00:40:59", "text": "and we all celebrate because we bought,"}, {"start": "00:40:57", "end": "00:41:01", "text": "you know, what we thought was the true"}, {"start": "00:40:59", "end": "00:41:03", "text": "low."}, {"start": "00:41:01", "end": "00:41:05", "text": "But then a little bit of time goes on"}, {"start": "00:41:03", "end": "00:41:07", "text": "and Bitcoin goes lower. And look at"}, {"start": "00:41:05", "end": "00:41:11", "text": "where the QQQ went next. It went to 33."}, {"start": "00:41:07", "end": "00:41:13", "text": "Now look at"}, {"start": "00:41:11", "end": "00:41:14", "text": "the balance price. Where is the balance"}, {"start": "00:41:13", "end": "00:41:17", "text": "price? The balance price is currently at"}, {"start": "00:41:14", "end": "00:41:18", "text": "around 37 to 38K. So imagine that."}, {"start": "00:41:17", "end": "00:41:21", "text": "Imagine you print a four-ear cycle low"}, {"start": "00:41:18", "end": "00:41:23", "text": "in October, November, and everyone"}, {"start": "00:41:21", "end": "00:41:25", "text": "celebrates buying the realized price. It"}, {"start": "00:41:23", "end": "00:41:27", "text": "then bounces"}, {"start": "00:41:25", "end": "00:41:29", "text": "and then it goes to the balance price."}, {"start": "00:41:27", "end": "00:41:32", "text": "So the realized price, the balance price"}, {"start": "00:41:29", "end": "00:41:34", "text": "low and then surely after the balance"}, {"start": "00:41:32", "end": "00:41:37", "text": "price, right? Like surely that's got to"}, {"start": "00:41:34", "end": "00:41:39", "text": "be the low, right? And then it's not"}, {"start": "00:41:37", "end": "00:41:42", "text": "because then you get a recession because"}, {"start": "00:41:39", "end": "00:41:45", "text": "the AI the AI bull market finally comes"}, {"start": "00:41:42", "end": "00:41:48", "text": "to an end sometime after open AI IPOs,"}, {"start": "00:41:45", "end": "00:41:50", "text": "you know, next year. Okay,"}, {"start": "00:41:48", "end": "00:41:52", "text": "this is more so what keeps me up at"}, {"start": "00:41:50", "end": "00:41:53", "text": "night. the the fact that there's so many"}, {"start": "00:41:52", "end": "00:41:55", "text": "people looking at the chart and and the"}, {"start": "00:41:53", "end": "00:41:56", "text": "same can be said about the bull market"}, {"start": "00:41:55", "end": "00:41:58", "text": "too, right? A lot of people are like,"}, {"start": "00:41:56", "end": "00:42:01", "text": "well, you know, everyone thinks the low"}, {"start": "00:41:58", "end": "00:42:04", "text": "will occur in Q4, therefore it won't and"}, {"start": "00:42:01", "end": "00:42:06", "text": "so they think the low is in the summer,"}, {"start": "00:42:04", "end": "00:42:11", "text": "which is a realistic take, right? I"}, {"start": "00:42:06", "end": "00:42:13", "text": "mean, but again, the the low that"}, {"start": "00:42:11", "end": "00:42:18", "text": "occurred by Bitcoin in the summer 2018"}, {"start": "00:42:13", "end": "00:42:20", "text": "was 5,700 and in summer 2026 57,000. And"}, {"start": "00:42:18", "end": "00:42:22", "text": "I told you guys this well like before"}, {"start": "00:42:20", "end": "00:42:25", "text": "the year even started. I said to expect"}, {"start": "00:42:22", "end": "00:42:27", "text": "a February low and to expect a low in"}, {"start": "00:42:25", "end": "00:42:30", "text": "the summer. And when the summer low"}, {"start": "00:42:27", "end": "00:42:33", "text": "occurred, we said expect a bounce,"}, {"start": "00:42:30", "end": "00:42:37", "text": "right? I mean, Bitcoin has rallied 40%"}, {"start": "00:42:33", "end": "00:42:40", "text": "after every summer low."}, {"start": "00:42:37", "end": "00:42:42", "text": "You see that?"}, {"start": "00:42:40", "end": "00:42:43", "text": "So to me, that's got to be a point for"}, {"start": "00:42:42", "end": "00:42:45", "text": "the bears, right? Like I can't look at"}, {"start": "00:42:43", "end": "00:42:46", "text": "that and say that this time has to be"}, {"start": "00:42:45", "end": "00:42:51", "text": "different just because people want it to"}, {"start": "00:42:46", "end": "00:42:53", "text": "be different. What if what if the it the"}, {"start": "00:42:51", "end": "00:42:56", "text": "people the four-year cycle guys are"}, {"start": "00:42:53", "end": "00:42:57", "text": "wrong but not to the upside but to the"}, {"start": "00:42:56", "end": "00:42:59", "text": "downside like that that's also a"}, {"start": "00:42:57", "end": "00:43:01", "text": "possibility that I think people should"}, {"start": "00:42:59", "end": "00:43:03", "text": "consider and and the QQQ is not the only"}, {"start": "00:43:01", "end": "00:43:05", "text": "example. If you want to say that Bitcoin"}, {"start": "00:43:03", "end": "00:43:07", "text": "is digital gold, then let's take a look"}, {"start": "00:43:05", "end": "00:43:11", "text": "at gold, right? I mean, gold has had has"}, {"start": "00:43:07", "end": "00:43:12", "text": "had bare markets before that arguably,"}, {"start": "00:43:11", "end": "00:43:14", "text": "you know, like look at this bare market"}, {"start": "00:43:12", "end": "00:43:16", "text": "that gold had where it set a high like"}, {"start": "00:43:14", "end": "00:43:19", "text": "it had a drop, it then rallied, set a"}, {"start": "00:43:16", "end": "00:43:21", "text": "high and then but here it was a slightly"}, {"start": "00:43:19", "end": "00:43:26", "text": "lower low and then but a slightly lower"}, {"start": "00:43:21", "end": "00:43:27", "text": "high and then it came back down."}, {"start": "00:43:26", "end": "00:43:29", "text": "Imagine imagine this is the Bitcoin"}, {"start": "00:43:27", "end": "00:43:32", "text": "chart. You have the February low, you"}, {"start": "00:43:29", "end": "00:43:34", "text": "have the July low, you have your October"}, {"start": "00:43:32", "end": "00:43:37", "text": "low, and then by then everyone's in the"}, {"start": "00:43:34", "end": "00:43:40", "text": "market, and then it still sells off, you"}, {"start": "00:43:37", "end": "00:43:42", "text": "know? So, there are plenty of reasons"}, {"start": "00:43:40", "end": "00:43:45", "text": "why when I think about like social"}, {"start": "00:43:42", "end": "00:43:48", "text": "interest and like it being low, does it"}, {"start": "00:43:45", "end": "00:43:51", "text": "mean it has to come back immediately?"}, {"start": "00:43:48", "end": "00:43:54", "text": "No. Like, what if it doesn't? There's no"}, {"start": "00:43:51", "end": "00:43:56", "text": "guarantee that it will. And that is"}, {"start": "00:43:54", "end": "00:43:58", "text": "that's the the the bare case, right?"}, {"start": "00:43:56", "end": "00:44:01", "text": "Like the bare case is to say, you know,"}, {"start": "00:43:58", "end": "00:44:04", "text": "a Q4 low is more of a pragmatic call as"}, {"start": "00:44:01", "end": "00:44:06", "text": "to this is what normally happens. But if"}, {"start": "00:44:04", "end": "00:44:08", "text": "social interests were to just continue"}, {"start": "00:44:06", "end": "00:44:10", "text": "to decline because people are just fed"}, {"start": "00:44:08", "end": "00:44:12", "text": "up with the asset class because all it"}, {"start": "00:44:10", "end": "00:44:15", "text": "is, all it's turned into recently is"}, {"start": "00:44:12", "end": "00:44:18", "text": "just memecoin griffs and scams. It could"}, {"start": "00:44:15", "end": "00:44:20", "text": "take years for social interest to come"}, {"start": "00:44:18", "end": "00:44:22", "text": "back."}, {"start": "00:44:20", "end": "00:44:24", "text": "So we have to think about all"}, {"start": "00:44:22", "end": "00:44:26", "text": "possibilities. We cannot just say that"}, {"start": "00:44:24", "end": "00:44:28", "text": "oh social risk is low therefore the"}, {"start": "00:44:26", "end": "00:44:32", "text": "market has to go up. I imagine that"}, {"start": "00:44:28", "end": "00:44:34", "text": "social interest in gold was low in 2012"}, {"start": "00:44:32", "end": "00:44:36", "text": "after it had been going nowhere for a"}, {"start": "00:44:34", "end": "00:44:39", "text": "couple of years to 2013 and it still"}, {"start": "00:44:36", "end": "00:44:42", "text": "bled for years before it started a new"}, {"start": "00:44:39", "end": "00:44:44", "text": "bull market. and the QQQ after it"}, {"start": "00:44:42", "end": "00:44:46", "text": "launched,"}, {"start": "00:44:44", "end": "00:44:49", "text": "I doubt there was much social interest"}, {"start": "00:44:46", "end": "00:44:53", "text": "by the time it was at 52 in January"}, {"start": "00:44:49", "end": "00:44:56", "text": "2001, but it still went lower for years"}, {"start": "00:44:53", "end": "00:44:59", "text": "before it it started moving back up. So,"}, {"start": "00:44:56", "end": "00:45:01", "text": "social interest by itself is not an"}, {"start": "00:44:59", "end": "00:45:04", "text": "indicator that the bull market has to"}, {"start": "00:45:01", "end": "00:45:06", "text": "start. It's an indicator if there's"}, {"start": "00:45:04", "end": "00:45:07", "text": "people actually going to come back. if"}, {"start": "00:45:06", "end": "00:45:09", "text": "people are actually going to come back."}, {"start": "00:45:07", "end": "00:45:11", "text": "But if people don't come back, then"}, {"start": "00:45:09", "end": "00:45:14", "text": "that's how you get these longer slow"}, {"start": "00:45:11", "end": "00:45:17", "text": "bleeds. Okay? So that's the reason why I"}, {"start": "00:45:14", "end": "00:45:21", "text": "would argue it's more so a point for the"}, {"start": "00:45:17", "end": "00:45:23", "text": "bears, not the bulls in terms of like"}, {"start": "00:45:21", "end": "00:45:25", "text": "social interest. You can look at these"}, {"start": "00:45:23", "end": "00:45:29", "text": "other comparisons and say, well, you"}, {"start": "00:45:25", "end": "00:45:31", "text": "know, yes, when the QQQ ETF launched, it"}, {"start": "00:45:29", "end": "00:45:33", "text": "outperformed the index for a year, but"}, {"start": "00:45:31", "end": "00:45:36", "text": "then it underperformed it for three to"}, {"start": "00:45:33", "end": "00:45:38", "text": "four years after that."}, {"start": "00:45:36", "end": "00:45:42", "text": "I mean, look right like look look at the"}, {"start": "00:45:38", "end": "00:45:44", "text": "QQQ divided by the S&P"}, {"start": "00:45:42", "end": "00:45:47", "text": "and look at yearly candles when it"}, {"start": "00:45:44", "end": "00:45:49", "text": "launched. So when the QQQ launched, it"}, {"start": "00:45:47", "end": "00:45:50", "text": "outperformed the S&P for one year and"}, {"start": "00:45:49", "end": "00:45:53", "text": "then it underperformed it for three"}, {"start": "00:45:50", "end": "00:45:56", "text": "years straight."}, {"start": "00:45:53", "end": "00:46:03", "text": "Now look at at at Bitcoin divided by the"}, {"start": "00:45:56", "end": "00:46:06", "text": "S&P. when when the ETF launched in 2024,"}, {"start": "00:46:03", "end": "00:46:08", "text": "Bitcoin outperformed the S&P, but it's"}, {"start": "00:46:06", "end": "00:46:11", "text": "underperformed it now two years in a"}, {"start": "00:46:08", "end": "00:46:13", "text": "row. The QQQ underperformed the S&P for"}, {"start": "00:46:11", "end": "00:46:16", "text": "three years in a row after that first"}, {"start": "00:46:13", "end": "00:46:20", "text": "initial year. So, from a and I've always"}, {"start": "00:46:16", "end": "00:46:22", "text": "said this, thematic ETFs often"}, {"start": "00:46:20", "end": "00:46:24", "text": "underperform the market, especially when"}, {"start": "00:46:22", "end": "00:46:27", "text": "they launch. There are times when they"}, {"start": "00:46:24", "end": "00:46:29", "text": "outperform, but when they launch for"}, {"start": "00:46:27", "end": "00:46:31", "text": "like a year, they might be okay for for"}, {"start": "00:46:29", "end": "00:46:32", "text": "six months or something, but for a few"}, {"start": "00:46:31", "end": "00:46:34", "text": "years after that, they tend to"}, {"start": "00:46:32", "end": "00:46:38", "text": "underperform."}, {"start": "00:46:34", "end": "00:46:40", "text": "So to me, a thematic ETF launch and it's"}, {"start": "00:46:38", "end": "00:46:42", "text": "underperforming other things would be a"}, {"start": "00:46:40", "end": "00:46:44", "text": "point for the bears. We could just"}, {"start": "00:46:42", "end": "00:46:47", "text": "simply, you know, we like you, we could"}, {"start": "00:46:44", "end": "00:46:49", "text": "look at the chart and just say, look,"}, {"start": "00:46:47", "end": "00:46:52", "text": "most thematic ETFs when they launch"}, {"start": "00:46:49", "end": "00:46:57", "text": "underperform."}, {"start": "00:46:52", "end": "00:47:00", "text": "Look at uh ARC G, right? This is uh the"}, {"start": "00:46:57", "end": "00:47:02", "text": "genomics ETF, right? Like it it when it"}, {"start": "00:47:00", "end": "00:47:03", "text": "launched, it underperformed it had a"}, {"start": "00:47:02", "end": "00:47:07", "text": "massive surge, but then it"}, {"start": "00:47:03", "end": "00:47:08", "text": "underperformed it for years after that."}, {"start": "00:47:07", "end": "00:47:10", "text": "Now, maybe we're over here with with"}, {"start": "00:47:08", "end": "00:47:13", "text": "Bitcoin and you still get one more one"}, {"start": "00:47:10", "end": "00:47:15", "text": "more move. Look at ARX. This is a space"}, {"start": "00:47:13", "end": "00:47:19", "text": "one underperformed for a couple years"}, {"start": "00:47:15", "end": "00:47:21", "text": "before it started moving back up. So a"}, {"start": "00:47:19", "end": "00:47:24", "text": "lot of time and that's just if you look"}, {"start": "00:47:21", "end": "00:47:26", "text": "at ARCX against the S&P, right? Look,"}, {"start": "00:47:24", "end": "00:47:27", "text": "three years of underperformance and even"}, {"start": "00:47:26", "end": "00:47:30", "text": "going into a fourth year before it"}, {"start": "00:47:27", "end": "00:47:32", "text": "started to get back in business. So"}, {"start": "00:47:30", "end": "00:47:33", "text": "thematic ETFs are not like a bull case"}, {"start": "00:47:32", "end": "00:47:35", "text": "usually. They're actually a short-term"}, {"start": "00:47:33", "end": "00:47:37", "text": "bare case because by the time the"}, {"start": "00:47:35", "end": "00:47:39", "text": "thematic ETF launch launches and people"}, {"start": "00:47:37", "end": "00:47:40", "text": "buy it, who else who else is going to"}, {"start": "00:47:39", "end": "00:47:42", "text": "buy it, right? I mean that the last"}, {"start": "00:47:40", "end": "00:47:44", "text": "people to buy it were the people that"}, {"start": "00:47:42", "end": "00:47:46", "text": "were waiting for the ETFs and then once"}, {"start": "00:47:44", "end": "00:47:47", "text": "they bought, who else do you have?"}, {"start": "00:47:46", "end": "00:47:49", "text": "That's why they can underperform for a"}, {"start": "00:47:47", "end": "00:47:52", "text": "few years."}, {"start": "00:47:49", "end": "00:47:55", "text": "So again, there's a lot of indicators"}, {"start": "00:47:52", "end": "00:47:57", "text": "that that you can look at. Now, if you"}, {"start": "00:47:55", "end": "00:47:59", "text": "look at this total cryptocurrency market"}, {"start": "00:47:57", "end": "00:48:01", "text": "cap and trend line chart, this would be"}, {"start": "00:47:59", "end": "00:48:03", "text": "a point for the bulls because I mean,"}, {"start": "00:48:01", "end": "00:48:05", "text": "it's pretty low. It doesn't mean it"}, {"start": "00:48:03", "end": "00:48:08", "text": "can't go lower. I mean, it it certainly"}, {"start": "00:48:05", "end": "00:48:09", "text": "could. Uh, but it is it is pretty low."}, {"start": "00:48:08", "end": "00:48:10", "text": "So, I think if you were to look at this"}, {"start": "00:48:09", "end": "00:48:12", "text": "chart, you would say, look, it's it's"}, {"start": "00:48:10", "end": "00:48:14", "text": "basically near those lows. That's close"}, {"start": "00:48:12", "end": "00:48:18", "text": "enough. Good enough for me. I think that"}, {"start": "00:48:14", "end": "00:48:22", "text": "would be a point for the bulls"}, {"start": "00:48:18", "end": "00:48:25", "text": "pretty clearly, you know. Um,"}, {"start": "00:48:22", "end": "00:48:28", "text": "and to just kind of go through a few"}, {"start": "00:48:25", "end": "00:48:31", "text": "other charts, we have the stable coin"}, {"start": "00:48:28", "end": "00:48:36", "text": "supply ratio oscillator, right? So, this"}, {"start": "00:48:31", "end": "00:48:37", "text": "one and if you look at prior lows, uh,"}, {"start": "00:48:36", "end": "00:48:39", "text": "you can see like where it's occurred and"}, {"start": "00:48:37", "end": "00:48:40", "text": "you can see that Bitcoin already went to"}, {"start": "00:48:39", "end": "00:48:42", "text": "those levels, but it did it actually"}, {"start": "00:48:40", "end": "00:48:44", "text": "like last year. So, it's kind of it's"}, {"start": "00:48:42", "end": "00:48:47", "text": "kind of different. This one has been"}, {"start": "00:48:44", "end": "00:48:49", "text": "different this time, honestly, because"}, {"start": "00:48:47", "end": "00:48:52", "text": "it's actually gone up a lot rather than"}, {"start": "00:48:49", "end": "00:48:53", "text": "down. So, like you can't look at the"}, {"start": "00:48:52", "end": "00:48:55", "text": "chart and say, \"All right, well, it"}, {"start": "00:48:53", "end": "00:48:57", "text": "collapsed and then the low occurred,"}, {"start": "00:48:55", "end": "00:48:59", "text": "right?\" Like 2018 or in 2022 it"}, {"start": "00:48:57", "end": "00:49:00", "text": "collapsed to the lows and then the low"}, {"start": "00:48:59", "end": "00:49:02", "text": "occurred. This time it collapsed, but it"}, {"start": "00:49:00", "end": "00:49:04", "text": "was finding it was at the low in"}, {"start": "00:49:02", "end": "00:49:07", "text": "November and it's been trending up ever"}, {"start": "00:49:04", "end": "00:49:09", "text": "since. So, I don't really know who to"}, {"start": "00:49:07", "end": "00:49:10", "text": "give a point to in this case. It's like"}, {"start": "00:49:09", "end": "00:49:11", "text": "you could give a you could give a point"}, {"start": "00:49:10", "end": "00:49:14", "text": "to the bears and just say, \"Well, look,"}, {"start": "00:49:11", "end": "00:49:17", "text": "once it once that goes down to the lows"}, {"start": "00:49:14", "end": "00:49:20", "text": "during a sell-off, then it's that's"}, {"start": "00:49:17", "end": "00:49:22", "text": "where you call it.\" But the bulls have a"}, {"start": "00:49:20", "end": "00:49:25", "text": "point, you know, like it it's been"}, {"start": "00:49:22", "end": "00:49:26", "text": "trending up and um you know, who's to"}, {"start": "00:49:25", "end": "00:49:28", "text": "say that who's to say that you have to"}, {"start": "00:49:26", "end": "00:49:31", "text": "have another another low? I I don't I I"}, {"start": "00:49:28", "end": "00:49:33", "text": "wouldn't look at this and necessarily"}, {"start": "00:49:31", "end": "00:49:36", "text": "come to a bearish conclusion. In fact, I"}, {"start": "00:49:33", "end": "00:49:39", "text": "would probably lean towards the bulls"}, {"start": "00:49:36", "end": "00:49:40", "text": "with it is my assessment. I like I would"}, {"start": "00:49:39", "end": "00:49:43", "text": "I would probably look at that chart and"}, {"start": "00:49:40", "end": "00:49:45", "text": "lean more towards the bull case rather"}, {"start": "00:49:43", "end": "00:49:48", "text": "than the bare case."}, {"start": "00:49:45", "end": "00:49:51", "text": "Now, if you look at the risk metrics"}, {"start": "00:49:48", "end": "00:49:54", "text": "that we have, um you can see that all"}, {"start": "00:49:51", "end": "00:49:56", "text": "prior lows have occurred at lower risk"}, {"start": "00:49:54", "end": "00:49:58", "text": "levels than where we are right now."}, {"start": "00:49:56", "end": "00:50:00", "text": "Right? The one that didn't was the 2019"}, {"start": "00:49:58", "end": "00:50:01", "text": "low, but again, it still resolved"}, {"start": "00:50:00", "end": "00:50:04", "text": "downward. So, I think this one will be a"}, {"start": "00:50:01", "end": "00:50:05", "text": "point for the bears, right? And this is"}, {"start": "00:50:04", "end": "00:50:07", "text": "one of those things where we'll come"}, {"start": "00:50:05", "end": "00:50:08", "text": "back to this in a few months and we'll"}, {"start": "00:50:07", "end": "00:50:12", "text": "we'll have our answer. You know, did it"}, {"start": "00:50:08", "end": "00:50:14", "text": "did it resolve lower or or did it not?"}, {"start": "00:50:12", "end": "00:50:17", "text": "Um, if we were to look at the asymmetric"}, {"start": "00:50:14", "end": "00:50:19", "text": "quantile regression fan, what you'll"}, {"start": "00:50:17", "end": "00:50:22", "text": "notice is that it it's it is already"}, {"start": "00:50:19", "end": "00:50:24", "text": "gone into the golden pocket and there"}, {"start": "00:50:22", "end": "00:50:26", "text": "are dislocations where it goes further"}, {"start": "00:50:24", "end": "00:50:28", "text": "into the golden pocket. Right? So again,"}, {"start": "00:50:26", "end": "00:50:31", "text": "looking at this chart by itself would"}, {"start": "00:50:28", "end": "00:50:33", "text": "suggest that the low could be in. The"}, {"start": "00:50:31", "end": "00:50:34", "text": "way in which it's not is if you get a"}, {"start": "00:50:33", "end": "00:50:36", "text": "dislocation. Okay? So we're going to"}, {"start": "00:50:34", "end": "00:50:38", "text": "give it to the bulls because we cannot,"}, {"start": "00:50:36", "end": "00:50:40", "text": "you know, we cannot predicate our"}, {"start": "00:50:38", "end": "00:50:43", "text": "analysis on some future dislocation"}, {"start": "00:50:40", "end": "00:50:45", "text": "occurring even though it might"}, {"start": "00:50:43", "end": "00:50:47", "text": "say that this is what has to happen"}, {"start": "00:50:45", "end": "00:50:49", "text": "because we don't know when dislocations"}, {"start": "00:50:47", "end": "00:50:52", "text": "occur. What I mean by this is if you"}, {"start": "00:50:49", "end": "00:50:54", "text": "zoom in to prior lows, like occasionally"}, {"start": "00:50:52", "end": "00:50:55", "text": "you'll have a dislocation where it goes"}, {"start": "00:50:54", "end": "00:50:58", "text": "below the 1 percentile and stays there"}, {"start": "00:50:55", "end": "00:51:00", "text": "for a little bit. Uh 2020 was an"}, {"start": "00:50:58", "end": "00:51:03", "text": "example."}, {"start": "00:51:00", "end": "00:51:04", "text": "2015 another example, right, where we"}, {"start": "00:51:03", "end": "00:51:07", "text": "don't have the wick on here, but it went"}, {"start": "00:51:04", "end": "00:51:09", "text": "pretty far down. And so if you extend"}, {"start": "00:51:07", "end": "00:51:13", "text": "those dislocations out,"}, {"start": "00:51:09", "end": "00:51:16", "text": "all prior dislocations,"}, {"start": "00:51:13", "end": "00:51:18", "text": "uh, then Bitcoin could theoretically go"}, {"start": "00:51:16", "end": "00:51:21", "text": "to 45K and that would match the"}, {"start": "00:51:18", "end": "00:51:22", "text": "dislocation event in 2010. I don't know"}, {"start": "00:51:21", "end": "00:51:24", "text": "if we should include that one. I don't"}, {"start": "00:51:22", "end": "00:51:27", "text": "think there was a lot of volume back"}, {"start": "00:51:24", "end": "00:51:29", "text": "then. It could go to 53K and match the"}, {"start": "00:51:27", "end": "00:51:32", "text": "dislocation in August to 2015, which"}, {"start": "00:51:29", "end": "00:51:34", "text": "would be below the realized price. So"}, {"start": "00:51:32", "end": "00:51:36", "text": "for me, this is more so a point for the"}, {"start": "00:51:34", "end": "00:51:39", "text": "bulls,"}, {"start": "00:51:36", "end": "00:51:41", "text": "but a dislocation event could allow for"}, {"start": "00:51:39", "end": "00:51:44", "text": "that point to go right back to the"}, {"start": "00:51:41", "end": "00:51:46", "text": "bears. And what's interesting is there"}, {"start": "00:51:44", "end": "00:51:48", "text": "it's not impossible to figure like to to"}, {"start": "00:51:46", "end": "00:51:51", "text": "think about like what could cause it."}, {"start": "00:51:48", "end": "00:51:53", "text": "And and a point for the bears is the"}, {"start": "00:51:51", "end": "00:51:56", "text": "fact that the last three midterm years,"}, {"start": "00:51:53", "end": "00:51:58", "text": "the S&P has had a correction in the"}, {"start": "00:51:56", "end": "00:52:00", "text": "fourth quarter that did not start until"}, {"start": "00:51:58", "end": "00:52:01", "text": "August or September. Right? Right? It"}, {"start": "00:52:00", "end": "00:52:03", "text": "starts in August, September, and then"}, {"start": "00:52:01", "end": "00:52:05", "text": "goes into the fourth quarter. And you"}, {"start": "00:52:03", "end": "00:52:07", "text": "can pretty clearly see it in starting in"}, {"start": "00:52:05", "end": "00:52:10", "text": "September 2014, starting in September of"}, {"start": "00:52:07", "end": "00:52:13", "text": "2018, and then also starting in August"}, {"start": "00:52:10", "end": "00:52:16", "text": "of 2022, the S&P had either 10 to 20%"}, {"start": "00:52:13", "end": "00:52:19", "text": "drops in every prior midterm year that"}, {"start": "00:52:16", "end": "00:52:22", "text": "Bitcoin's been around. In 2010,"}, {"start": "00:52:19", "end": "00:52:24", "text": "um, it had a drop starting in April that"}, {"start": "00:52:22", "end": "00:52:27", "text": "it was about a 20% drop, but it found"}, {"start": "00:52:24", "end": "00:52:29", "text": "the low by July. Now, Bitcoin or sorry,"}, {"start": "00:52:27", "end": "00:52:31", "text": "the S&P has not had a 20% drop this"}, {"start": "00:52:29", "end": "00:52:32", "text": "year. It had a 10% drop earlier in the"}, {"start": "00:52:31", "end": "00:52:34", "text": "year. So, you might say, well, is that"}, {"start": "00:52:32", "end": "00:52:35", "text": "enough? But all these other prior"}, {"start": "00:52:34", "end": "00:52:38", "text": "midterm years, we also had a drop,"}, {"start": "00:52:35", "end": "00:52:40", "text": "right? In early 2018, we had a 10% drop"}, {"start": "00:52:38", "end": "00:52:41", "text": "at the early part of the year. In 2022,"}, {"start": "00:52:40", "end": "00:52:44", "text": "we had, you know, a drop at the early"}, {"start": "00:52:41", "end": "00:52:46", "text": "part of the year. And in 2014, at the"}, {"start": "00:52:44", "end": "00:52:48", "text": "very beginning of the year, there was,"}, {"start": "00:52:46", "end": "00:52:49", "text": "you know, a little drop there. So to me"}, {"start": "00:52:48", "end": "00:52:51", "text": "that would be a point for the bears"}, {"start": "00:52:49", "end": "00:52:54", "text": "because it's just seasonality that"}, {"start": "00:52:51", "end": "00:52:56", "text": "oftentimes there's a a a drop in the"}, {"start": "00:52:54", "end": "00:52:58", "text": "stock market that starts around August"}, {"start": "00:52:56", "end": "00:53:02", "text": "or September of the midterm year. And"}, {"start": "00:52:58", "end": "00:53:05", "text": "what would cause it? Well, if if the if"}, {"start": "00:53:02", "end": "00:53:07", "text": "you look back at rate hiking cycles and"}, {"start": "00:53:05", "end": "00:53:08", "text": "then rate cutting cycles and you overlap"}, {"start": "00:53:07", "end": "00:53:11", "text": "if you look at it with the with the S&P"}, {"start": "00:53:08", "end": "00:53:13", "text": "500, go back to the internet buildout"}, {"start": "00:53:11", "end": "00:53:15", "text": "where they where they raised rates a"}, {"start": "00:53:13", "end": "00:53:17", "text": "lot. Okay? So if you go back to the"}, {"start": "00:53:15", "end": "00:53:19", "text": "1990s, you can see they they raised"}, {"start": "00:53:17", "end": "00:53:22", "text": "rates for a while and then they cut"}, {"start": "00:53:19", "end": "00:53:25", "text": "rates and then they they took rates back"}, {"start": "00:53:22", "end": "00:53:27", "text": "up 25 basis points in March of 1997. And"}, {"start": "00:53:25", "end": "00:53:30", "text": "when they did that, it caused, you can"}, {"start": "00:53:27", "end": "00:53:33", "text": "see there was a 10% drop in stocks. So I"}, {"start": "00:53:30", "end": "00:53:36", "text": "would say, as simple as it is, maybe a"}, {"start": "00:53:33", "end": "00:53:38", "text": "25 basis point rate hike would cause a"}, {"start": "00:53:36", "end": "00:53:41", "text": "10% drop in stocks, in which case"}, {"start": "00:53:38", "end": "00:53:42", "text": "perhaps the low for Bitcoin is in if"}, {"start": "00:53:41", "end": "00:53:46", "text": "it's only a 10% drop. Now, the"}, {"start": "00:53:42", "end": "00:53:48", "text": "counterpoint is in 20 uh in 2014, it was"}, {"start": "00:53:46", "end": "00:53:50", "text": "only a 10% drop and Bitcoin put in new"}, {"start": "00:53:48", "end": "00:53:52", "text": "lows. But the bull case would just"}, {"start": "00:53:50", "end": "00:53:54", "text": "simply be that if it's only a 10% drop"}, {"start": "00:53:52", "end": "00:53:56", "text": "or or less, then Bitcoin does not have"}, {"start": "00:53:54", "end": "00:53:58", "text": "to put in a new low. But what if they"}, {"start": "00:53:56", "end": "00:54:00", "text": "have to raise rates twice? Do you get a"}, {"start": "00:53:58", "end": "00:54:02", "text": "a closer to a 20% drop and then the"}, {"start": "00:54:00", "end": "00:54:04", "text": "stock market goes back to this longer"}, {"start": "00:54:02", "end": "00:54:07", "text": "term trend line"}, {"start": "00:54:04", "end": "00:54:10", "text": "that it's been in for a long time? Like"}, {"start": "00:54:07", "end": "00:54:12", "text": "if you look at it here"}, {"start": "00:54:10", "end": "00:54:14", "text": "kind of if you if if the stock market"}, {"start": "00:54:12", "end": "00:54:15", "text": "were to to fall back to that trend line"}, {"start": "00:54:14", "end": "00:54:18", "text": "at whatever point it does it you know"}, {"start": "00:54:15", "end": "00:54:20", "text": "that's like a 20% drop. So that would be"}, {"start": "00:54:18", "end": "00:54:23", "text": "the bare case. It's just simply you have"}, {"start": "00:54:20", "end": "00:54:26", "text": "this seasonality lining up where the S&P"}, {"start": "00:54:23", "end": "00:54:29", "text": "often finds you know drops 10 to 20% in"}, {"start": "00:54:26", "end": "00:54:32", "text": "the back half of of midterm years. And"}, {"start": "00:54:29", "end": "00:54:34", "text": "you know is there a reason why Bitcoin"}, {"start": "00:54:32", "end": "00:54:37", "text": "interest might fade for a few weeks? It"}, {"start": "00:54:34", "end": "00:54:39", "text": "faded a few weeks before the SpaceX IPO,"}, {"start": "00:54:37", "end": "00:54:41", "text": "right? I mean, the SpaceX IPO was in"}, {"start": "00:54:39", "end": "00:54:44", "text": "June and Bitcoin sold off starting in"}, {"start": "00:54:41", "end": "00:54:46", "text": "May. We now have the anthropic IPO"}, {"start": "00:54:44", "end": "00:54:48", "text": "coming up probably in a month or two."}, {"start": "00:54:46", "end": "00:54:50", "text": "And so, that would be a reason why, you"}, {"start": "00:54:48", "end": "00:54:52", "text": "know, you could see Bitcoin do something"}, {"start": "00:54:50", "end": "00:54:54", "text": "like that, right? Where it it just"}, {"start": "00:54:52", "end": "00:54:57", "text": "simply people lose interest and they"}, {"start": "00:54:54", "end": "00:54:58", "text": "flock over to the AI trade again. So, I"}, {"start": "00:54:57", "end": "00:55:00", "text": "think that would be more so a point for"}, {"start": "00:54:58", "end": "00:55:02", "text": "the bears to say, look, the bull market"}, {"start": "00:55:00", "end": "00:55:03", "text": "that we've seen anywhere has actually"}, {"start": "00:55:02", "end": "00:55:06", "text": "been driven by AI. And if you're going"}, {"start": "00:55:03", "end": "00:55:08", "text": "to have an anthropic IPO, that's"}, {"start": "00:55:06", "end": "00:55:10", "text": "probably going to take some attention"}, {"start": "00:55:08", "end": "00:55:13", "text": "away from the cryptoverse. Now, I'm not"}, {"start": "00:55:10", "end": "00:55:16", "text": "a huge fan of the next indicator. I call"}, {"start": "00:55:13", "end": "00:55:18", "text": "them the gap boys. Uh, and the reason I"}, {"start": "00:55:16", "end": "00:55:21", "text": "call them the gap boys is because if you"}, {"start": "00:55:18", "end": "00:55:24", "text": "look at Bitcoin CME futures in in 2019 I"}, {"start": "00:55:21", "end": "00:55:28", "text": "first started my channel uh there was a"}, {"start": "00:55:24", "end": "00:55:32", "text": "gap that formed at around what was it?"}, {"start": "00:55:28", "end": "00:55:34", "text": "Yeah, 9 $9,000 or so like in the 9,000s."}, {"start": "00:55:32", "end": "00:55:36", "text": "You see that gap? And I remember, you"}, {"start": "00:55:34", "end": "00:55:38", "text": "know, like I was very bullish on Bitcoin"}, {"start": "00:55:36", "end": "00:55:41", "text": "back then. You go look at all my videos."}, {"start": "00:55:38", "end": "00:55:43", "text": "I was non-stop bullish. Um, and I"}, {"start": "00:55:41", "end": "00:55:46", "text": "remember like Bitcoin came back down and"}, {"start": "00:55:43", "end": "00:55:47", "text": "it tested the bull market support band"}, {"start": "00:55:46", "end": "00:55:49", "text": "and people back then were saying, \"All"}, {"start": "00:55:47", "end": "00:55:52", "text": "right, no, it's going to fill the gap at"}, {"start": "00:55:49", "end": "00:55:54", "text": "like 9600 and it never did.\" Now, maybe"}, {"start": "00:55:52", "end": "00:55:55", "text": "they get the last laugh in the end if if"}, {"start": "00:55:54", "end": "00:55:57", "text": "social interest just completely goes"}, {"start": "00:55:55", "end": "00:55:59", "text": "away and and and no one cares about"}, {"start": "00:55:57", "end": "00:56:01", "text": "Bitcoin, but that's not my base case."}, {"start": "00:55:59", "end": "00:56:04", "text": "But we kind of just they became the gap"}, {"start": "00:56:01", "end": "00:56:06", "text": "boys, right? guys that that only focused"}, {"start": "00:56:04", "end": "00:56:08", "text": "on filling these gaps and then they got"}, {"start": "00:56:06", "end": "00:56:09", "text": "completely left behind by the bull"}, {"start": "00:56:08", "end": "00:56:12", "text": "market because they were waiting on the"}, {"start": "00:56:09", "end": "00:56:14", "text": "gap to fill. So, but but in this case,"}, {"start": "00:56:12", "end": "00:56:18", "text": "you can see that both rallies have"}, {"start": "00:56:14", "end": "00:56:19", "text": "filled gaps, right? So, if you were a"}, {"start": "00:56:18", "end": "00:56:22", "text": "bear, you could just simply say, all"}, {"start": "00:56:19", "end": "00:56:24", "text": "right, there was a gap here"}, {"start": "00:56:22", "end": "00:56:27", "text": "early in the year and then that first"}, {"start": "00:56:24", "end": "00:56:29", "text": "rally filled that gap and then we had"}, {"start": "00:56:27", "end": "00:56:31", "text": "this gap right here and then this rally"}, {"start": "00:56:29", "end": "00:56:33", "text": "filled that one. So that would be a case"}, {"start": "00:56:31", "end": "00:56:35", "text": "for the bears to just simply say that we"}, {"start": "00:56:33", "end": "00:56:37", "text": "filled the gaps and now we go lower. But"}, {"start": "00:56:35", "end": "00:56:38", "text": "on the way up, you tend to fill all"}, {"start": "00:56:37", "end": "00:56:40", "text": "prior gaps as well and then you just"}, {"start": "00:56:38", "end": "00:56:42", "text": "keep going up. So you can't really give"}, {"start": "00:56:40", "end": "00:56:44", "text": "it one way or another. You can't really"}, {"start": "00:56:42", "end": "00:56:47", "text": "say it's a case for the bears because in"}, {"start": "00:56:44", "end": "00:56:49", "text": "the case for the bulls, guess what? When"}, {"start": "00:56:47", "end": "00:56:51", "text": "the bull market starts, you also fill"}, {"start": "00:56:49", "end": "00:56:54", "text": "gaps, right? Like there was a gap here"}, {"start": "00:56:51", "end": "00:56:56", "text": "in 2022 and then we filled it, got a"}, {"start": "00:56:54", "end": "00:56:58", "text": "correction, but the low was already in."}, {"start": "00:56:56", "end": "00:57:00", "text": "So gaps by themselves don't mean that"}, {"start": "00:56:58", "end": "00:57:01", "text": "the bare market has to continue. But I"}, {"start": "00:57:00", "end": "00:57:04", "text": "just wanted to put that on everyone's"}, {"start": "00:57:01", "end": "00:57:07", "text": "radar in case they were not familiar"}, {"start": "00:57:04", "end": "00:57:07", "text": "with it."}, {"start": "00:57:07", "end": "00:57:12", "text": "So"}, {"start": "00:57:09", "end": "00:57:14", "text": "we also have, you know, some other"}, {"start": "00:57:12", "end": "00:57:17", "text": "charts as well. Uh the running one-year"}, {"start": "00:57:14", "end": "00:57:21", "text": "ROI. This one is one that tends to"}, {"start": "00:57:17", "end": "00:57:23", "text": "bottom uh below, you know, around like 2"}, {"start": "00:57:21", "end": "00:57:26", "text": "to 3 with the exception of obviously"}, {"start": "00:57:23", "end": "00:57:28", "text": "like 2019, but you can see it hasn't"}, {"start": "00:57:26", "end": "00:57:30", "text": "gone down nearly as much as it normally"}, {"start": "00:57:28", "end": "00:57:33", "text": "does. I think this would be a case for"}, {"start": "00:57:30", "end": "00:57:35", "text": "the Bears, but the reason why it kind of"}, {"start": "00:57:33", "end": "00:57:36", "text": "goes to both the Bears and the Bulls is"}, {"start": "00:57:35", "end": "00:57:39", "text": "because the only other comparison we can"}, {"start": "00:57:36", "end": "00:57:41", "text": "make is to 2019 and even including the"}, {"start": "00:57:39", "end": "00:57:44", "text": "pandemic, it never actually fully reset"}, {"start": "00:57:41", "end": "00:57:45", "text": "down to 0 2. Okay, so because of that,"}, {"start": "00:57:44", "end": "00:57:48", "text": "we're going to give a point to both"}, {"start": "00:57:45", "end": "00:57:50", "text": "sides because I I get it. Like I get"}, {"start": "00:57:48", "end": "00:57:52", "text": "that you can say that okay, well the"}, {"start": "00:57:50", "end": "00:57:54", "text": "pandemic happened, but even with the"}, {"start": "00:57:52", "end": "00:57:56", "text": "pandemic, it didn't fully reset. So in"}, {"start": "00:57:54", "end": "00:57:57", "text": "this case,"}, {"start": "00:57:56", "end": "00:57:58", "text": "we got to give it to both sides, right?"}, {"start": "00:57:57", "end": "00:58:00", "text": "Right? We got to say, well, the Bears"}, {"start": "00:57:58", "end": "00:58:01", "text": "have a point. It normally resets all the"}, {"start": "00:58:00", "end": "00:58:02", "text": "way down here, but the Bulls have a"}, {"start": "00:58:01", "end": "00:58:04", "text": "point if you want to make the 2019"}, {"start": "00:58:02", "end": "00:58:06", "text": "comparison. What's really fascinating"}, {"start": "00:58:04", "end": "00:58:08", "text": "that I saw this year is that for years"}, {"start": "00:58:06", "end": "00:58:11", "text": "and years and years, people people"}, {"start": "00:58:08", "end": "00:58:13", "text": "ridiculed the comparison I made to 2019,"}, {"start": "00:58:11", "end": "00:58:15", "text": "like the the the Bitcoin dominance bull"}, {"start": "00:58:13", "end": "00:58:17", "text": "market and the no rotation into"}, {"start": "00:58:15", "end": "00:58:18", "text": "altcoins, right? And and Bitcoin topping"}, {"start": "00:58:17", "end": "00:58:20", "text": "two months where quantitative tightening"}, {"start": "00:58:18", "end": "00:58:23", "text": "ended. For so many years, people"}, {"start": "00:58:20", "end": "00:58:25", "text": "ridiculed that view, right? They"}, {"start": "00:58:23", "end": "00:58:26", "text": "ridiculed it because they're like,"}, {"start": "00:58:25", "end": "00:58:27", "text": "\"Well, no, this is not 2019.\" but"}, {"start": "00:58:26", "end": "00:58:30", "text": "because they didn't care about monetary"}, {"start": "00:58:27", "end": "00:58:31", "text": "policy. But what's interesting is after"}, {"start": "00:58:30", "end": "00:58:33", "text": "the bare market started and they finally"}, {"start": "00:58:31", "end": "00:58:35", "text": "acknowledged it, then they were more"}, {"start": "00:58:33", "end": "00:58:38", "text": "aware of, hey, let's look at the 2019"}, {"start": "00:58:35", "end": "00:58:39", "text": "comparison. And it's not like there's no"}, {"start": "00:58:38", "end": "00:58:43", "text": "reason to look at it. I mean, look at"}, {"start": "00:58:39", "end": "00:58:45", "text": "the year-to- date ROI of Bitcoin in"}, {"start": "00:58:43", "end": "00:58:49", "text": "2014,"}, {"start": "00:58:45", "end": "00:58:51", "text": "2018, 2022, and now 2026. At this point,"}, {"start": "00:58:49", "end": "00:58:53", "text": "in prior bare markets, Bitcoin was a lot"}, {"start": "00:58:51", "end": "00:58:56", "text": "lower in prior midterm years. So there's"}, {"start": "00:58:53", "end": "00:58:59", "text": "a reason to make that 2019 comparison."}, {"start": "00:58:56", "end": "00:59:01", "text": "But the most hilarious thing is that the"}, {"start": "00:58:59", "end": "00:59:03", "text": "bullcase that people talk about now,"}, {"start": "00:59:01", "end": "00:59:06", "text": "that's what I was pointing out like 2 to"}, {"start": "00:59:03", "end": "00:59:09", "text": "3 years ago as to when that sort of the"}, {"start": "00:59:06", "end": "00:59:13", "text": "QT phase ended. So it's interesting"}, {"start": "00:59:09", "end": "00:59:15", "text": "because the bullcase is is what I was"}, {"start": "00:59:13", "end": "00:59:17", "text": "trying to argue back then. But the"}, {"start": "00:59:15", "end": "00:59:19", "text": "reason why I I've been a little bit more"}, {"start": "00:59:17", "end": "00:59:21", "text": "sort of on the bearish side is just I"}, {"start": "00:59:19", "end": "00:59:25", "text": "was thinking that because the bull"}, {"start": "00:59:21", "end": "00:59:27", "text": "lasted longer that the digestion phase"}, {"start": "00:59:25", "end": "00:59:31", "text": "after the non after the apathetic top"}, {"start": "00:59:27", "end": "00:59:31", "text": "would also last a little bit longer."}, {"start": "00:59:31", "end": "00:59:37", "text": "But believe me, I would understand"}, {"start": "00:59:33", "end": "00:59:39", "text": "better than anyone else the 2019"}, {"start": "00:59:37", "end": "00:59:42", "text": "comparison because I spent three years"}, {"start": "00:59:39", "end": "00:59:44", "text": "talking about it. So I I get it, right?"}, {"start": "00:59:42", "end": "00:59:46", "text": "Like I I get that view completely. I"}, {"start": "00:59:44", "end": "00:59:48", "text": "completely understand that view and you"}, {"start": "00:59:46", "end": "00:59:50", "text": "do not have to convince me of it. Okay?"}, {"start": "00:59:48", "end": "00:59:52", "text": "I I get it through and through and this"}, {"start": "00:59:50", "end": "00:59:55", "text": "is what I was arguing for so many years."}, {"start": "00:59:52", "end": "00:59:57", "text": "It's just now where the disagreement is"}, {"start": "00:59:55", "end": "01:00:00", "text": "is how long does the digestion phase"}, {"start": "00:59:57", "end": "01:00:02", "text": "after the apathetic top occur. The bulls"}, {"start": "01:00:00", "end": "01:00:05", "text": "will say it just is the same length as"}, {"start": "01:00:02", "end": "01:00:06", "text": "the as the 2019 move. But those are the"}, {"start": "01:00:05", "end": "01:00:07", "text": "same people that would have never"}, {"start": "01:00:06", "end": "01:00:09", "text": "believed it in the first place. And"}, {"start": "01:00:07", "end": "01:00:11", "text": "that's the that was the hardest thing"}, {"start": "01:00:09", "end": "01:00:14", "text": "about this year is that every time that"}, {"start": "01:00:11", "end": "01:00:17", "text": "Bitcoin has rallied off a low, whether"}, {"start": "01:00:14", "end": "01:00:20", "text": "it was the low at at, you know, 80K or"}, {"start": "01:00:17", "end": "01:00:24", "text": "the ones at 60, the people that dunk on"}, {"start": "01:00:20", "end": "01:00:26", "text": "me the most are the people that told you"}, {"start": "01:00:24", "end": "01:00:27", "text": "you would never even see these prices,"}, {"start": "01:00:26", "end": "01:00:31", "text": "right? The the ones that were screaming"}, {"start": "01:00:27", "end": "01:00:33", "text": "for 300,000 last year are mocking anyone"}, {"start": "01:00:31", "end": "01:00:35", "text": "who is bearish this year because"}, {"start": "01:00:33", "end": "01:00:36", "text": "Bitcoin's at 78,000. To me, that just"}, {"start": "01:00:35", "end": "01:00:37", "text": "doesn't make a whole lot of sense,"}, {"start": "01:00:36", "end": "01:00:41", "text": "right? Because even if you were to"}, {"start": "01:00:37", "end": "01:00:44", "text": "capitulate now and just go buy Bitcoin,"}, {"start": "01:00:41", "end": "01:00:46", "text": "you're still buying it well below where"}, {"start": "01:00:44", "end": "01:00:48", "text": "they were saying it was going to 300K."}, {"start": "01:00:46", "end": "01:00:50", "text": "So I think the strategy for Bitcoin that"}, {"start": "01:00:48", "end": "01:00:52", "text": "has worked is just to start buying in"}, {"start": "01:00:50", "end": "01:00:54", "text": "the second half of the midterm year. But"}, {"start": "01:00:52", "end": "01:00:57", "text": "a lot of people don't like that because"}, {"start": "01:00:54", "end": "01:00:59", "text": "I'll still sort of pontificate on a"}, {"start": "01:00:57", "end": "01:01:01", "text": "potential future low based on some of"}, {"start": "01:00:59", "end": "01:01:04", "text": "the bearish indicators. So anytime"}, {"start": "01:01:01", "end": "01:01:06", "text": "there's a rally, my name gets dragged"}, {"start": "01:01:04", "end": "01:01:08", "text": "through the mud."}, {"start": "01:01:06", "end": "01:01:11", "text": "I don't understand why, right? I really"}, {"start": "01:01:08", "end": "01:01:14", "text": "don't get it. But that's what happens is"}, {"start": "01:01:11", "end": "01:01:16", "text": "anytime there's a rally, any anyone who"}, {"start": "01:01:14", "end": "01:01:19", "text": "says anything bearish gets completely"}, {"start": "01:01:16", "end": "01:01:22", "text": "destroyed on social media. And it"}, {"start": "01:01:19", "end": "01:01:25", "text": "happened in in December and it happened"}, {"start": "01:01:22", "end": "01:01:28", "text": "in in fe in March and April and May. And"}, {"start": "01:01:25", "end": "01:01:31", "text": "it's also happened since July,"}, {"start": "01:01:28", "end": "01:01:33", "text": "every single one. But I would say, look,"}, {"start": "01:01:31", "end": "01:01:35", "text": "we said there would be a low in February"}, {"start": "01:01:33", "end": "01:01:40", "text": "and we said there would be a low in the"}, {"start": "01:01:35", "end": "01:01:40", "text": "summer. This is what we said."}, {"start": "01:01:41", "end": "01:01:47", "text": "And the people that give me such a hard"}, {"start": "01:01:44", "end": "01:01:50", "text": "time are the ones who were bulling the"}, {"start": "01:01:47", "end": "01:01:53", "text": "entire way down. So I would encourage"}, {"start": "01:01:50", "end": "01:01:56", "text": "you to to be objective, right? to say,"}, {"start": "01:01:53", "end": "01:01:59", "text": "you know, is buying Bitcoin at 78K,"}, {"start": "01:01:56", "end": "01:02:01", "text": "was it a bad move if you sold it at 120"}, {"start": "01:01:59", "end": "01:02:03", "text": "to then buy it back at 78 if you think"}, {"start": "01:02:01", "end": "01:02:06", "text": "the bulls have a point and the low is"}, {"start": "01:02:03", "end": "01:02:08", "text": "in? Absolutely not. Right. It would be"}, {"start": "01:02:06", "end": "01:02:10", "text": "as if, right? Let's let's go to a"}, {"start": "01:02:08", "end": "01:02:13", "text": "different chart."}, {"start": "01:02:10", "end": "01:02:16", "text": "It would be like saying you couldn't buy"}, {"start": "01:02:13", "end": "01:02:19", "text": "Bitcoin at 22K"}, {"start": "01:02:16", "end": "01:02:20", "text": "in 2023 because it was already 30% off"}, {"start": "01:02:19", "end": "01:02:24", "text": "the lows. or you couldn't have bought"}, {"start": "01:02:20", "end": "01:02:26", "text": "Bitcoin in at $5,000 in 2019 because it"}, {"start": "01:02:24", "end": "01:02:27", "text": "was already 30% off the lows. That"}, {"start": "01:02:26", "end": "01:02:29", "text": "doesn't make a whole lot of sense,"}, {"start": "01:02:27", "end": "01:02:31", "text": "right? Like I mean just because if you"}, {"start": "01:02:29", "end": "01:02:33", "text": "if you didn't buy the low, that doesn't"}, {"start": "01:02:31", "end": "01:02:35", "text": "mean you have to miss out on the entire"}, {"start": "01:02:33", "end": "01:02:37", "text": "bull market. That's that's silly, right?"}, {"start": "01:02:35", "end": "01:02:40", "text": "That doesn't make any sense. But the"}, {"start": "01:02:37", "end": "01:02:42", "text": "bulls that were bullish the entire way"}, {"start": "01:02:40", "end": "01:02:45", "text": "down will convince you that if you"}, {"start": "01:02:42", "end": "01:02:47", "text": "didn't buy at the low, then you miss out"}, {"start": "01:02:45", "end": "01:02:49", "text": "on the on the on the next three-year"}, {"start": "01:02:47", "end": "01:02:50", "text": "bull market. you have to miss out on it"}, {"start": "01:02:49", "end": "01:02:52", "text": "because you didn't buy the low. Even"}, {"start": "01:02:50", "end": "01:02:53", "text": "though they were fully deployed at the"}, {"start": "01:02:52", "end": "01:02:55", "text": "top, doesn't matter, right? They'll"}, {"start": "01:02:53", "end": "01:02:57", "text": "pretend like they just went all in at"}, {"start": "01:02:55", "end": "01:03:00", "text": "the low. That doesn't make a whole lot"}, {"start": "01:02:57", "end": "01:03:01", "text": "of sense, right? If the low is in and"}, {"start": "01:03:00", "end": "01:03:03", "text": "you get convinced by enough bullish"}, {"start": "01:03:01", "end": "01:03:07", "text": "indicators, you don't have to like sit"}, {"start": "01:03:03", "end": "01:03:09", "text": "out of a multi-year bull market,"}, {"start": "01:03:07", "end": "01:03:11", "text": "you could just buy, right? And what I've"}, {"start": "01:03:09", "end": "01:03:14", "text": "said is just DCAing in the second half"}, {"start": "01:03:11", "end": "01:03:17", "text": "of the midterm year below.3 risk. So for"}, {"start": "01:03:14", "end": "01:03:19", "text": "me that meant I started buying in early"}, {"start": "01:03:17", "end": "01:03:23", "text": "July and that was it because that was"}, {"start": "01:03:19", "end": "01:03:24", "text": "the only time that Bitcoin was um in the"}, {"start": "01:03:23", "end": "01:03:27", "text": "second half of the midterm year and"}, {"start": "01:03:24", "end": "01:03:30", "text": "below the.3ish level was in early July."}, {"start": "01:03:27", "end": "01:03:32", "text": "And coincidentally after that low that"}, {"start": "01:03:30", "end": "01:03:35", "text": "was good enough for me to at least start"}, {"start": "01:03:32", "end": "01:03:38", "text": "buying. We've had a rally. Okay. So"}, {"start": "01:03:35", "end": "01:03:40", "text": "it is what it is. Now if you look at at"}, {"start": "01:03:38", "end": "01:03:43", "text": "the 50we moving average this is pretty"}, {"start": "01:03:40", "end": "01:03:45", "text": "clear clear indicator. every time"}, {"start": "01:03:43", "end": "01:03:48", "text": "Bitcoin has gotten above the 50week"}, {"start": "01:03:45", "end": "01:03:50", "text": "moving average on let's say three weekly"}, {"start": "01:03:48", "end": "01:03:53", "text": "closes the the the bull market's over."}, {"start": "01:03:50", "end": "01:03:54", "text": "Now the the only normally it's just one"}, {"start": "01:03:53", "end": "01:03:56", "text": "weekly close but the reason we have to"}, {"start": "01:03:54", "end": "01:03:59", "text": "be careful is in 2022 we had two weekly"}, {"start": "01:03:56", "end": "01:04:00", "text": "closes and and it still fell below it."}, {"start": "01:03:59", "end": "01:04:03", "text": "So, what I would say to kind of clean"}, {"start": "01:04:00", "end": "01:04:06", "text": "this up a little bit is to say if you"}, {"start": "01:04:03", "end": "01:04:08", "text": "have a weekly close above it where it"}, {"start": "01:04:06", "end": "01:04:10", "text": "significantly gets above it, not like"}, {"start": "01:04:08", "end": "01:04:13", "text": "2022, but where you have like a a 20%"}, {"start": "01:04:10", "end": "01:04:15", "text": "move above it,"}, {"start": "01:04:13", "end": "01:04:16", "text": "the the low has always been in right at"}, {"start": "01:04:15", "end": "01:04:20", "text": "that point. You can see that was the"}, {"start": "01:04:16", "end": "01:04:22", "text": "case in 2019. It was the case in 2023"}, {"start": "01:04:20", "end": "01:04:24", "text": "and and you know, we'll see if it's the"}, {"start": "01:04:22", "end": "01:04:27", "text": "case once again, but as of right now, we"}, {"start": "01:04:24", "end": "01:04:29", "text": "haven't really had that move."}, {"start": "01:04:27", "end": "01:04:32", "text": "And if we do, then more people will turn"}, {"start": "01:04:29", "end": "01:04:35", "text": "into bulls. For now, I think it's still"}, {"start": "01:04:32", "end": "01:04:37", "text": "a it still sides with the bears just"}, {"start": "01:04:35", "end": "01:04:41", "text": "simply because we haven't really had"}, {"start": "01:04:37", "end": "01:04:43", "text": "that definitive move on on uh I mean on"}, {"start": "01:04:41", "end": "01:04:46", "text": "on Coinbase, the 50we moving average was"}, {"start": "01:04:43", "end": "01:04:49", "text": "at 80,343"}, {"start": "01:04:46", "end": "01:04:52", "text": "last week and we closed $4 below it."}, {"start": "01:04:49", "end": "01:04:54", "text": "Okay. If you look at at the index that"}, {"start": "01:04:52", "end": "01:05:00", "text": "we normally use, the 50week moving"}, {"start": "01:04:54", "end": "01:05:03", "text": "average was last week was at um"}, {"start": "01:05:00", "end": "01:05:05", "text": "let's see, it was at 80,361 and we"}, {"start": "01:05:03", "end": "01:05:08", "text": "closed at 80,360"}, {"start": "01:05:05", "end": "01:05:11", "text": "like not even a dollar like like 80,360"}, {"start": "01:05:08", "end": "01:05:13", "text": "and 60. So 41 cents below the 50 moving"}, {"start": "01:05:11", "end": "01:05:15", "text": "average. So technically speaking on a"}, {"start": "01:05:13", "end": "01:05:17", "text": "lot of the exchanges we closed below it."}, {"start": "01:05:15", "end": "01:05:19", "text": "Now, on some we closed above it, but"}, {"start": "01:05:17", "end": "01:05:20", "text": "until you get the follow through where"}, {"start": "01:05:19", "end": "01:05:22", "text": "you really get through it, it's going to"}, {"start": "01:05:20", "end": "01:05:24", "text": "be a point for the bears, right? Like,"}, {"start": "01:05:22", "end": "01:05:27", "text": "it has to be because we just we simply"}, {"start": "01:05:24", "end": "01:05:31", "text": "haven't gone through it yet."}, {"start": "01:05:27", "end": "01:05:33", "text": "I think I accidentally drew um two lines"}, {"start": "01:05:31", "end": "01:05:35", "text": "on on the bare case kind of like side by"}, {"start": "01:05:33", "end": "01:05:37", "text": "side. You see that? See like one and"}, {"start": "01:05:35", "end": "01:05:40", "text": "two. So, let me let me clean that up a"}, {"start": "01:05:37", "end": "01:05:41", "text": "little bit. So, you got one, two, three,"}, {"start": "01:05:40", "end": "01:05:42", "text": "and then we're going to add another one"}, {"start": "01:05:41", "end": "01:05:45", "text": "for the four for the 50we moving"}, {"start": "01:05:42", "end": "01:05:47", "text": "average."}, {"start": "01:05:45", "end": "01:05:49", "text": "Now, some people have said that the 200"}, {"start": "01:05:47", "end": "01:05:51", "text": "day. Now, what's interesting is I I I"}, {"start": "01:05:49", "end": "01:05:53", "text": "pointed this out long long ago. Um, but"}, {"start": "01:05:51", "end": "01:05:55", "text": "there are times where Bitcoin has gotten"}, {"start": "01:05:53", "end": "01:05:57", "text": "above the 200 day moving average and the"}, {"start": "01:05:55", "end": "01:05:59", "text": "low was not in. Sometimes it is, but"}, {"start": "01:05:57", "end": "01:06:03", "text": "like if you look at the 200 day moving"}, {"start": "01:05:59", "end": "01:06:04", "text": "average in uh uh 2014,"}, {"start": "01:06:03", "end": "01:06:06", "text": "we got above the 200 day moving average"}, {"start": "01:06:04", "end": "01:06:08", "text": "and we still went below it. And then in"}, {"start": "01:06:06", "end": "01:06:09", "text": "2015, we got well above the 200 day"}, {"start": "01:06:08", "end": "01:06:12", "text": "moving average and we still came back"}, {"start": "01:06:09", "end": "01:06:14", "text": "down. So I I I don't think the 200 day"}, {"start": "01:06:12", "end": "01:06:16", "text": "holds as much weight, but certainly last"}, {"start": "01:06:14", "end": "01:06:18", "text": "cycle it did. Right. Last cycle once we"}, {"start": "01:06:16", "end": "01:06:20", "text": "got through the 200 day, the low was in."}, {"start": "01:06:18", "end": "01:06:22", "text": "And and so we're going to give this"}, {"start": "01:06:20", "end": "01:06:23", "text": "point to both the bulls and the bears."}, {"start": "01:06:22", "end": "01:06:24", "text": "Um well, actually, no, we're just going"}, {"start": "01:06:23", "end": "01:06:26", "text": "to give it to the bulls. We're just"}, {"start": "01:06:24", "end": "01:06:28", "text": "going to give it to the bulls because"}, {"start": "01:06:26", "end": "01:06:29", "text": "while you could give it to the bears,"}, {"start": "01:06:28", "end": "01:06:31", "text": "getting to the 200 day moving average is"}, {"start": "01:06:29", "end": "01:06:33", "text": "a bullish thing. even though there have"}, {"start": "01:06:31", "end": "01:06:35", "text": "been times where it resolved to the"}, {"start": "01:06:33", "end": "01:06:36", "text": "downside. I think objectively you would"}, {"start": "01:06:35", "end": "01:06:40", "text": "you would probably give that to the"}, {"start": "01:06:36", "end": "01:06:43", "text": "bears over the bulls right"}, {"start": "01:06:40", "end": "01:06:45", "text": "now. Again, there's plenty of other"}, {"start": "01:06:43", "end": "01:06:47", "text": "charts that I could look at and I could"}, {"start": "01:06:45", "end": "01:06:51", "text": "try to think of some very very quickly."}, {"start": "01:06:47", "end": "01:06:52", "text": "Um, but the point is, I mean, here's the"}, {"start": "01:06:51", "end": "01:06:55", "text": "we could look at the PI cycle bottom"}, {"start": "01:06:52", "end": "01:06:56", "text": "indicator."}, {"start": "01:06:55", "end": "01:06:58", "text": "You can see that it's marked the last"}, {"start": "01:06:56", "end": "01:07:00", "text": "several lows. Has not happened yet, but"}, {"start": "01:06:58", "end": "01:07:04", "text": "guess what? It also didn't happen in"}, {"start": "01:07:00", "end": "01:07:06", "text": "2019 um 2020 as well."}, {"start": "01:07:04", "end": "01:07:08", "text": "From a four-year cycle perspective, it"}, {"start": "01:07:06", "end": "01:07:09", "text": "hasn't triggered. I don't know who to"}, {"start": "01:07:08", "end": "01:07:13", "text": "give it to because it also didn't"}, {"start": "01:07:09", "end": "01:07:14", "text": "trigger even with the pandemic low."}, {"start": "01:07:13", "end": "01:07:15", "text": "So, why don't we just give it to both,"}, {"start": "01:07:14", "end": "01:07:17", "text": "right? We give it to the bulls because"}, {"start": "01:07:15", "end": "01:07:20", "text": "they can point to 2019 even with the"}, {"start": "01:07:17", "end": "01:07:22", "text": "pandemic. I'm going give it to the Bears"}, {"start": "01:07:20", "end": "01:07:24", "text": "because they can just say, \"Hey, doesn't"}, {"start": "01:07:22", "end": "01:07:25", "text": "matter. It still always happened in the"}, {"start": "01:07:24", "end": "01:07:27", "text": "midterm year or shortly after the"}, {"start": "01:07:25", "end": "01:07:29", "text": "midterm year was over.\" it's always"}, {"start": "01:07:27", "end": "01:07:31", "text": "happened regardless at the end of the"}, {"start": "01:07:29", "end": "01:07:34", "text": "midterm year or at the very beginning of"}, {"start": "01:07:31", "end": "01:07:37", "text": "of the next year. So that one would go"}, {"start": "01:07:34", "end": "01:07:39", "text": "in that case, you know, to the Bears."}, {"start": "01:07:37", "end": "01:07:41", "text": "Um,"}, {"start": "01:07:39", "end": "01:07:43", "text": "now you have you have other things like,"}, {"start": "01:07:41", "end": "01:07:46", "text": "you know, MACD, golden cross, death"}, {"start": "01:07:43", "end": "01:07:50", "text": "cross. By the way, I believe we just had"}, {"start": "01:07:46", "end": "01:07:53", "text": "a golden cross,"}, {"start": "01:07:50", "end": "01:07:53", "text": "did we not?"}, {"start": "01:07:53", "end": "01:07:58", "text": "Yeah. So, Bitcoin just had a golden"}, {"start": "01:07:55", "end": "01:07:59", "text": "cross here. And there is a correction"}, {"start": "01:07:58", "end": "01:08:01", "text": "now in the markets. But remember, often"}, {"start": "01:07:59", "end": "01:08:04", "text": "times there's a correction after a"}, {"start": "01:08:01", "end": "01:08:06", "text": "golden cross, right? In 2023, you can"}, {"start": "01:08:04", "end": "01:08:09", "text": "see that we had a golden cross and there"}, {"start": "01:08:06", "end": "01:08:11", "text": "was a correction after it. And Bitcoin"}, {"start": "01:08:09", "end": "01:08:14", "text": "still had another rally before it came"}, {"start": "01:08:11", "end": "01:08:16", "text": "down even more."}, {"start": "01:08:14", "end": "01:08:19", "text": "In 2020,"}, {"start": "01:08:16", "end": "01:08:23", "text": "sorry, in 2019, there was a correction"}, {"start": "01:08:19", "end": "01:08:24", "text": "after the golden cross."}, {"start": "01:08:23", "end": "01:08:28", "text": "We can have golden crosses, have"}, {"start": "01:08:24", "end": "01:08:30", "text": "corrections, but things are still fine."}, {"start": "01:08:28", "end": "01:08:32", "text": "Now, are there times where you had a"}, {"start": "01:08:30", "end": "01:08:34", "text": "golden cross where the market still"}, {"start": "01:08:32", "end": "01:08:38", "text": "resolved lower?"}, {"start": "01:08:34", "end": "01:08:43", "text": "Yes. Right. Look at 2014. There was a"}, {"start": "01:08:38", "end": "01:08:45", "text": "golden cross in July of 2014"}, {"start": "01:08:43", "end": "01:08:49", "text": "and then Bitcoin still went down. There"}, {"start": "01:08:45", "end": "01:08:52", "text": "was a golden cross in"}, {"start": "01:08:49", "end": "01:08:56", "text": "July of 2015 and then Bitcoin was"}, {"start": "01:08:52", "end": "01:09:01", "text": "setting new lows a month later. So I"}, {"start": "01:08:56", "end": "01:09:03", "text": "would say that it favors the bulls over"}, {"start": "01:09:01", "end": "01:09:06", "text": "the bears, right? I would say that it"}, {"start": "01:09:03", "end": "01:09:08", "text": "favors the bulls over the bears, but the"}, {"start": "01:09:06", "end": "01:09:11", "text": "bears could point to the fact that there"}, {"start": "01:09:08", "end": "01:09:13", "text": "have been golden crosses that eventually"}, {"start": "01:09:11", "end": "01:09:15", "text": "led to new lows as well. But still,"}, {"start": "01:09:13", "end": "01:09:16", "text": "objectively, I think it would have to go"}, {"start": "01:09:15", "end": "01:09:18", "text": "towards the bulls. And they would just"}, {"start": "01:09:16", "end": "01:09:20", "text": "simply say that, look, yes, we have a"}, {"start": "01:09:18", "end": "01:09:22", "text": "golden cross, but most golden crosses"}, {"start": "01:09:20", "end": "01:09:24", "text": "tend to lead to short-term corrections"}, {"start": "01:09:22", "end": "01:09:27", "text": "in the market and and hopefully it just"}, {"start": "01:09:24", "end": "01:09:33", "text": "ends up being a higher low rather than a"}, {"start": "01:09:27", "end": "01:09:35", "text": "lower low. Now, one case for the bears"}, {"start": "01:09:33", "end": "01:09:39", "text": "is the dollar, right? So, if you were to"}, {"start": "01:09:35", "end": "01:09:41", "text": "go look at um presidential uh"}, {"start": "01:09:39", "end": "01:09:44", "text": "presidential return paths, right? So,"}, {"start": "01:09:41", "end": "01:09:46", "text": "how the dollar has performed under"}, {"start": "01:09:44", "end": "01:09:48", "text": "various presidents. Um, one of the"}, {"start": "01:09:46", "end": "01:09:50", "text": "things I've I've pointed this out a lot"}, {"start": "01:09:48", "end": "01:09:53", "text": "is if you look at the the dollar, the"}, {"start": "01:09:50", "end": "01:09:54", "text": "Dixie, and you look at Trump's second"}, {"start": "01:09:53", "end": "01:09:56", "text": "term compared to his first one, you"}, {"start": "01:09:54", "end": "01:09:58", "text": "know, there was also a correction around"}, {"start": "01:09:56", "end": "01:09:59", "text": "this time by the dollar and then it had"}, {"start": "01:09:58", "end": "01:10:00", "text": "one more push up into the end of the"}, {"start": "01:09:59", "end": "01:10:02", "text": "year. Now, the reason why that could"}, {"start": "01:10:00", "end": "01:10:04", "text": "occur again is because we're likely"}, {"start": "01:10:02", "end": "01:10:05", "text": "going to have a rate hike and that will"}, {"start": "01:10:04", "end": "01:10:07", "text": "likely make the dollar stronger. So it"}, {"start": "01:10:05", "end": "01:10:09", "text": "will be it will begrudgingly go higher"}, {"start": "01:10:07", "end": "01:10:12", "text": "and if it does that would be a headwind"}, {"start": "01:10:09", "end": "01:10:14", "text": "for risk assets, right? If it were to if"}, {"start": "01:10:12", "end": "01:10:16", "text": "it were to do something like that. So I"}, {"start": "01:10:14", "end": "01:10:18", "text": "think you you look at the dollar, you"}, {"start": "01:10:16", "end": "01:10:23", "text": "look at at a potential rate hike, that"}, {"start": "01:10:18", "end": "01:10:26", "text": "would likely be a point for the bears."}, {"start": "01:10:23", "end": "01:10:26", "text": "Okay."}, {"start": "01:10:26", "end": "01:10:30", "text": "And and what's really interesting is if"}, {"start": "01:10:27", "end": "01:10:32", "text": "you look at Bitcoin, if you look at"}, {"start": "01:10:30", "end": "01:10:35", "text": "Bitcoin's return paths and you say"}, {"start": "01:10:32", "end": "01:10:38", "text": "compared this cycle to with Biden, I"}, {"start": "01:10:35", "end": "01:10:40", "text": "mean Bitcoin is a little higher now than"}, {"start": "01:10:38", "end": "01:10:41", "text": "it was then. Did go a little bit lower"}, {"start": "01:10:40", "end": "01:10:43", "text": "later on and then we were back in"}, {"start": "01:10:41", "end": "01:10:45", "text": "business. Under Trump's first term, the"}, {"start": "01:10:43", "end": "01:10:47", "text": "low occurred a little bit later in the"}, {"start": "01:10:45", "end": "01:10:48", "text": "year and under Obama's first or his"}, {"start": "01:10:47", "end": "01:10:50", "text": "second term, it occurred a little bit"}, {"start": "01:10:48", "end": "01:10:52", "text": "later in the year. So I think that would"}, {"start": "01:10:50", "end": "01:10:53", "text": "more so be a point for the Bears than"}, {"start": "01:10:52", "end": "01:10:55", "text": "the Bulls in terms of in terms of"}, {"start": "01:10:53", "end": "01:10:56", "text": "timing. The issue though with the timing"}, {"start": "01:10:55", "end": "01:10:57", "text": "stuff is it's all kind of related."}, {"start": "01:10:56", "end": "01:10:59", "text": "Whether you measure it from the"}, {"start": "01:10:57", "end": "01:11:01", "text": "inauguration or you measure it from, you"}, {"start": "01:10:59", "end": "01:11:03", "text": "know, the having or the year to date"}, {"start": "01:11:01", "end": "01:11:04", "text": "ROI, like the timing all kind of ends up"}, {"start": "01:11:03", "end": "01:11:07", "text": "being similar. So I don't want to give"}, {"start": "01:11:04", "end": "01:11:11", "text": "too many points for essentially the same"}, {"start": "01:11:07", "end": "01:11:11", "text": "thing if that makes sense."}, {"start": "01:11:11", "end": "01:11:18", "text": "All right. And then are there any other"}, {"start": "01:11:14", "end": "01:11:21", "text": "things that I want to mention?"}, {"start": "01:11:18", "end": "01:11:23", "text": "Um,"}, {"start": "01:11:21", "end": "01:11:26", "text": "we could look at 90day coin days"}, {"start": "01:11:23", "end": "01:11:31", "text": "destroyed and see that it's starting to"}, {"start": "01:11:26", "end": "01:11:33", "text": "trend up here and um, you know, I mean,"}, {"start": "01:11:31", "end": "01:11:34", "text": "I I I would I would look at this and say"}, {"start": "01:11:33", "end": "01:11:36", "text": "this is more so a point for the bulls,"}, {"start": "01:11:34", "end": "01:11:37", "text": "right? Because of of where it's bottomed"}, {"start": "01:11:36", "end": "01:11:39", "text": "and and where it's heading higher. So,"}, {"start": "01:11:37", "end": "01:11:41", "text": "that would be a point for the bulls."}, {"start": "01:11:39", "end": "01:11:44", "text": "Now, what would be a point for I think"}, {"start": "01:11:41", "end": "01:11:45", "text": "the bears is whale activity. So, if you"}, {"start": "01:11:44", "end": "01:11:48", "text": "were to go look at the whale watching"}, {"start": "01:11:45", "end": "01:11:52", "text": "dashboard and you were to look at the"}, {"start": "01:11:48", "end": "01:11:54", "text": "whale activity score, it's it has gone"}, {"start": "01:11:52", "end": "01:11:56", "text": "up some, right? But it's still"}, {"start": "01:11:54", "end": "01:11:59", "text": "relatively low. And if you were to look"}, {"start": "01:11:56", "end": "01:12:01", "text": "at this dashboard at actual major market"}, {"start": "01:11:59", "end": "01:12:04", "text": "cycle bottoms, it was spiking all the"}, {"start": "01:12:01", "end": "01:12:06", "text": "way up to like 08.9 before Bitcoin had a"}, {"start": "01:12:04", "end": "01:12:09", "text": "major breakout. So, you can see in 2022"}, {"start": "01:12:06", "end": "01:12:11", "text": "there was a lot of whale activity. In"}, {"start": "01:12:09", "end": "01:12:14", "text": "2018, at the actual lows, there was a"}, {"start": "01:12:11", "end": "01:12:16", "text": "lot of whale activity. it was at 76 and"}, {"start": "01:12:14", "end": "01:12:17", "text": "in 2014"}, {"start": "01:12:16", "end": "01:12:20", "text": "there was a lot of whale activity in"}, {"start": "01:12:17", "end": "01:12:23", "text": "early 2015 7.77"}, {"start": "01:12:20", "end": "01:12:26", "text": "but this time at these lows it only went"}, {"start": "01:12:23", "end": "01:12:28", "text": "up to 0.25 25. So there has not been I"}, {"start": "01:12:26", "end": "01:12:29", "text": "know there's I know that sort of the"}, {"start": "01:12:28", "end": "01:12:31", "text": "general assessment is that whales have"}, {"start": "01:12:29", "end": "01:12:34", "text": "been accumulating but in terms of this"}, {"start": "01:12:31", "end": "01:12:35", "text": "whale activity score which maps out tons"}, {"start": "01:12:34", "end": "01:12:37", "text": "of different things. You can see"}, {"start": "01:12:35", "end": "01:12:39", "text": "everything well transactions, exchange"}, {"start": "01:12:37", "end": "01:12:41", "text": "activity, exchange inflows and whale"}, {"start": "01:12:39", "end": "01:12:45", "text": "holder positioning, there hasn't been as"}, {"start": "01:12:41", "end": "01:12:47", "text": "much whale activity at the July low as"}, {"start": "01:12:45", "end": "01:12:50", "text": "there was at actual prior market cycle"}, {"start": "01:12:47", "end": "01:12:52", "text": "bottoms. In fact, if you were to look at"}, {"start": "01:12:50", "end": "01:12:56", "text": "the amount of activity at the July low,"}, {"start": "01:12:52", "end": "01:12:57", "text": "it's more rem,"}, {"start": "01:12:56", "end": "01:12:59", "text": "but it looks more like what happened in"}, {"start": "01:12:57", "end": "01:13:01", "text": "2018 where you would just get these"}, {"start": "01:12:59", "end": "01:13:03", "text": "spikes off the low and and then it"}, {"start": "01:13:01", "end": "01:13:04", "text": "started to go up a little bit, but until"}, {"start": "01:13:03", "end": "01:13:05", "text": "you actually had that final"}, {"start": "01:13:04", "end": "01:13:07", "text": "capitulation, it wasn't reaching those"}, {"start": "01:13:05", "end": "01:13:10", "text": "much higher levels. And look at the"}, {"start": "01:13:07", "end": "01:13:11", "text": "summer of 2022, right? If you look at"}, {"start": "01:13:10", "end": "01:13:12", "text": "the summer of 2022, there was some"}, {"start": "01:13:11", "end": "01:13:14", "text": "spikes, but it didn't go all the way up"}, {"start": "01:13:12", "end": "01:13:16", "text": "to the top. And this one barely moved."}, {"start": "01:13:14", "end": "01:13:19", "text": "So there's not been there has not been a"}, {"start": "01:13:16", "end": "01:13:21", "text": "lot of, you know, whale positioning um"}, {"start": "01:13:19", "end": "01:13:25", "text": "at the at the lows, at least if you take"}, {"start": "01:13:21", "end": "01:13:25", "text": "into account all of these things."}, {"start": "01:13:26", "end": "01:13:30", "text": "There's another indicator. I don't"}, {"start": "01:13:28", "end": "01:13:31", "text": "really use this one that much. I call I"}, {"start": "01:13:30", "end": "01:13:33", "text": "I created it like 5 years ago. I just"}, {"start": "01:13:31", "end": "01:13:35", "text": "called it the cow corridor. Basically,"}, {"start": "01:13:33", "end": "01:13:37", "text": "you can see that major lows occur when"}, {"start": "01:13:35", "end": "01:13:41", "text": "it hits the lower band, right? You can"}, {"start": "01:13:37", "end": "01:13:43", "text": "see it in 2018 and the pandemic low um a"}, {"start": "01:13:41", "end": "01:13:44", "text": "little bit lower uh in in the summer,"}, {"start": "01:13:43", "end": "01:13:47", "text": "but then it sort of found a low shortly"}, {"start": "01:13:44", "end": "01:13:49", "text": "thereafter. Uh if you look at this,"}, {"start": "01:13:47", "end": "01:13:51", "text": "right, I think you would argue it's more"}, {"start": "01:13:49", "end": "01:13:54", "text": "more so a case for the bulls, right?"}, {"start": "01:13:51", "end": "01:13:58", "text": "Just looking at that by itself. So that"}, {"start": "01:13:54", "end": "01:13:58", "text": "would be a case for the bulls."}, {"start": "01:14:02", "end": "01:14:09", "text": "All right,"}, {"start": "01:14:04", "end": "01:14:11", "text": "that takes care of a lot of things. Um,"}, {"start": "01:14:09", "end": "01:14:13", "text": "I think those are the main things that I"}, {"start": "01:14:11", "end": "01:14:15", "text": "wanted to to kind of talk about. Now, if"}, {"start": "01:14:13", "end": "01:14:17", "text": "we take the price risk and the onchain"}, {"start": "01:14:15", "end": "01:14:20", "text": "risk and the social risk and combine it"}, {"start": "01:14:17", "end": "01:14:22", "text": "into a single summary risk metric that"}, {"start": "01:14:20", "end": "01:14:25", "text": "accounts for absolutely all of that"}, {"start": "01:14:22", "end": "01:14:27", "text": "stuff, right, everything. uh then what"}, {"start": "01:14:25", "end": "01:14:30", "text": "you'll see is that it's a little lower"}, {"start": "01:14:27", "end": "01:14:31", "text": "than where it was in 2022, but it's not"}, {"start": "01:14:30", "end": "01:14:33", "text": "as low as where it was at prior market"}, {"start": "01:14:31", "end": "01:14:38", "text": "cycle bottoms. But if you think of the"}, {"start": "01:14:33", "end": "01:14:41", "text": "2022 bull market as sort of akin to um"}, {"start": "01:14:38", "end": "01:14:42", "text": "you know like it was during a QT phase,"}, {"start": "01:14:41", "end": "01:14:43", "text": "then we go into the QE phase, it would"}, {"start": "01:14:42", "end": "01:14:46", "text": "make sense that we haven't gone down to"}, {"start": "01:14:43", "end": "01:14:48", "text": "the lows. If you ignore social interest,"}, {"start": "01:14:46", "end": "01:14:50", "text": "we did go to the lows in 2022. But even"}, {"start": "01:14:48", "end": "01:14:53", "text": "in in ignoring social interest, we have"}, {"start": "01:14:50", "end": "01:14:54", "text": "not gone all the way there in 2026, but"}, {"start": "01:14:53", "end": "01:14:56", "text": "we did go to the level that it went to"}, {"start": "01:14:54", "end": "01:14:57", "text": "in the pandemic. So, I'm going to give"}, {"start": "01:14:56", "end": "01:14:59", "text": "this to the bulls and the bears. The"}, {"start": "01:14:57", "end": "01:15:01", "text": "bears could simply say, look, at some"}, {"start": "01:14:59", "end": "01:15:03", "text": "point we're likely going to go below 0.1"}, {"start": "01:15:01", "end": "01:15:05", "text": "or to 0.1, which is where we went last"}, {"start": "01:15:03", "end": "01:15:07", "text": "cycle. But the bulls could say, \"All"}, {"start": "01:15:05", "end": "01:15:10", "text": "right, but in 2019,"}, {"start": "01:15:07", "end": "01:15:12", "text": "um, you can see that we didn't, you"}, {"start": "01:15:10", "end": "01:15:14", "text": "know, we didn't quite"}, {"start": "01:15:12", "end": "01:15:18", "text": "we didn't go all the way down, right?\""}, {"start": "01:15:14", "end": "01:15:18", "text": "Well, I guess summary risk went to 0.148"}, {"start": "01:15:18", "end": "01:15:24", "text": "back then. Yeah, like48. And this time,"}, {"start": "01:15:22", "end": "01:15:26", "text": "you can see it's already been around"}, {"start": "01:15:24", "end": "01:15:29", "text": "around that same level. So, I think that"}, {"start": "01:15:26", "end": "01:15:30", "text": "will go to both the bulls and the bears"}, {"start": "01:15:29", "end": "01:15:33", "text": "because there's an argument to be made"}, {"start": "01:15:30", "end": "01:15:35", "text": "either way. But I think that's going to"}, {"start": "01:15:33", "end": "01:15:37", "text": "sort of wrap it up here. I mean, we've"}, {"start": "01:15:35", "end": "01:15:40", "text": "covered a lot. The the important thing"}, {"start": "01:15:37", "end": "01:15:42", "text": "is if you're a bull, there's indicators"}, {"start": "01:15:40", "end": "01:15:45", "text": "that have your back. If you're a bear,"}, {"start": "01:15:42", "end": "01:15:47", "text": "there's indicators that have your back."}, {"start": "01:15:45", "end": "01:15:51", "text": "If you're an investor, you should know"}, {"start": "01:15:47", "end": "01:15:53", "text": "the bull case and the bear case so that"}, {"start": "01:15:51", "end": "01:15:55", "text": "if the bull case starts confirming with"}, {"start": "01:15:53", "end": "01:15:58", "text": "weekly closes above the 50we moving"}, {"start": "01:15:55", "end": "01:16:00", "text": "average, you're not stuck relying on"}, {"start": "01:15:58", "end": "01:16:04", "text": "indicators that have failed. But if"}, {"start": "01:16:00", "end": "01:16:06", "text": "you're a bull and the bull case starts"}, {"start": "01:16:04", "end": "01:16:08", "text": "to fail and we start heading back down"}, {"start": "01:16:06", "end": "01:16:10", "text": "into Q4, you're not sitting there"}, {"start": "01:16:08", "end": "01:16:12", "text": "thinking that Bitcoin is dead when it's"}, {"start": "01:16:10", "end": "01:16:15", "text": "doing the same thing it's always done. I"}, {"start": "01:16:12", "end": "01:16:18", "text": "would say don't get overly attached to"}, {"start": "01:16:15", "end": "01:16:20", "text": "one narrative. Try to be flexible."}, {"start": "01:16:18", "end": "01:16:22", "text": "Right? For me, DCAing throughout the"}, {"start": "01:16:20", "end": "01:16:25", "text": "second half of the midterm year is the"}, {"start": "01:16:22", "end": "01:16:27", "text": "successful strategy."}, {"start": "01:16:25", "end": "01:16:30", "text": "Right? That is the successful strategy."}, {"start": "01:16:27", "end": "01:16:32", "text": "Not trying to time the bottom. This is"}, {"start": "01:16:30", "end": "01:16:35", "text": "an academic exercise for those that want"}, {"start": "01:16:32", "end": "01:16:37", "text": "to talk about the academic exercise."}, {"start": "01:16:35", "end": "01:16:39", "text": "This is not, hey, wait until the low"}, {"start": "01:16:37", "end": "01:16:41", "text": "occurs and then go all in. Because the"}, {"start": "01:16:39", "end": "01:16:42", "text": "reality is is people won't even do that."}, {"start": "01:16:41", "end": "01:16:43", "text": "Even if people wait, they won't even do"}, {"start": "01:16:42", "end": "01:16:46", "text": "that. Think about how many people would"}, {"start": "01:16:43", "end": "01:16:47", "text": "have didn't buy in early in mid 2022"}, {"start": "01:16:46", "end": "01:16:49", "text": "because they were going to buy in Q4 and"}, {"start": "01:16:47", "end": "01:16:50", "text": "then when Q4 happened, FTX was"}, {"start": "01:16:49", "end": "01:16:52", "text": "collapsing and maybe they just didn't"}, {"start": "01:16:50", "end": "01:16:54", "text": "have the chance to buy. What if that was"}, {"start": "01:16:52", "end": "01:16:55", "text": "the exchange they were using, right? I"}, {"start": "01:16:54", "end": "01:16:57", "text": "mean, like the point is is you can't"}, {"start": "01:16:55", "end": "01:16:59", "text": "know. You have to come up with a"}, {"start": "01:16:57", "end": "01:17:01", "text": "strategy and stick to it. and I just"}, {"start": "01:16:59", "end": "01:17:03", "text": "dynamically DCA according to the risk"}, {"start": "01:17:01", "end": "01:17:04", "text": "metric. If you guys like the content,"}, {"start": "01:17:03", "end": "01:17:06", "text": "make sure you subscribe to the channel,"}, {"start": "01:17:04", "end": "01:17:07", "text": "give the video a thumbs up, and again,"}, {"start": "01:17:06", "end": "01:17:09", "text": "check out the sale on into the"}, {"start": "01:17:07", "end": "01:17:10", "text": "cryptoverse premium at into the"}, {"start": "01:17:09", "end": "01:17:12", "text": "cryptoverse.com."}, {"start": "01:17:10", "end": "01:17:15", "text": "I'm going to be out of town for, you"}, {"start": "01:17:12", "end": "01:17:19", "text": "know, the next almost couple of weeks or"}, {"start": "01:17:15", "end": "01:17:21", "text": "so. Uh, more like 10, 11 days. And so,"}, {"start": "01:17:19", "end": "01:17:23", "text": "I'm not sure how many more videos I'm"}, {"start": "01:17:21", "end": "01:17:25", "text": "going to put out. I might pre-record"}, {"start": "01:17:23", "end": "01:17:27", "text": "some videos, but I don't even know,"}, {"start": "01:17:25", "end": "01:17:29", "text": "right? Like, I don't know. I feel like"}, {"start": "01:17:27", "end": "01:17:32", "text": "the market is is kind of all over the"}, {"start": "01:17:29", "end": "01:17:35", "text": "place and I'm not really sure how to"}, {"start": "01:17:32", "end": "01:17:38", "text": "pre-record videos for a week and a half"}, {"start": "01:17:35", "end": "01:17:41", "text": "when, you know, Bitcoin in a week could"}, {"start": "01:17:38", "end": "01:17:43", "text": "be at 85K or it could be at 73K, you"}, {"start": "01:17:41", "end": "01:17:45", "text": "know, and and I don't know how useful a"}, {"start": "01:17:43", "end": "01:17:46", "text": "video would be. Maybe I'll make some"}, {"start": "01:17:45", "end": "01:17:49", "text": "videos while I'm out of town. I'm going"}, {"start": "01:17:46", "end": "01:17:51", "text": "to New Zealand. Um, but it's too hard to"}, {"start": "01:17:49", "end": "01:17:53", "text": "know. Like, so you might see a couple"}, {"start": "01:17:51", "end": "01:17:55", "text": "more videos come your way, but I would"}, {"start": "01:17:53", "end": "01:17:57", "text": "say like this is the video I wanted to"}, {"start": "01:17:55", "end": "01:17:58", "text": "put out before I went out of town so"}, {"start": "01:17:57", "end": "01:18:00", "text": "that you guys could have an"}, {"start": "01:17:58", "end": "01:18:03", "text": "understanding of what is the market"}, {"start": "01:18:00", "end": "01:18:06", "text": "saying, what is the market doing? And"}, {"start": "01:18:03", "end": "01:18:09", "text": "hopefully you can take this and use it"}, {"start": "01:18:06", "end": "01:18:11", "text": "to better form your own opinions. That"}, {"start": "01:18:09", "end": "01:18:12", "text": "is my objective with this video."}, {"start": "01:18:11", "end": "01:18:14", "text": "Hopefully hopefully you guys enjoyed it."}, {"start": "01:18:12", "end": "01:18:15", "text": "Subscribe, give the video a thumbs up,"}, {"start": "01:18:14", "end": "01:18:17", "text": "check out ITC Premium at"}, {"start": "01:18:15", "end": "01:18:20", "text": "intothecryptoverse.com. Links in the"}, {"start": "01:18:17", "end": "01:18:22", "text": "description below. Um, and I I do do I I"}, {"start": "01:18:20", "end": "01:18:24", "text": "do usually two to three videos a week"}, {"start": "01:18:22", "end": "01:18:25", "text": "over there. Um, at least when I'm when"}, {"start": "01:18:24", "end": "01:18:27", "text": "I'm not traveling, but I I try to be a"}, {"start": "01:18:25", "end": "01:18:28", "text": "little bit more active there. Thank you"}, {"start": "01:18:27", "end": "01:18:31", "text": "guys for tuning in. I'll see you next"}, {"start": "01:18:28", "end": "01:18:31", "text": "time. Bye."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Pump Fund has burned almost $400"}, {"start": "00:00:02", "end": "00:00:06", "text": "million. UniS swap, look, I was one of"}, {"start": "00:00:04", "end": "00:00:08", "text": "the biggest vocal critics of Unis swap"}, {"start": "00:00:06", "end": "00:00:10", "text": "cuz it was a valueless governance token"}, {"start": "00:00:08", "end": "00:00:12", "text": "for years and then they didn't. They"}, {"start": "00:00:10", "end": "00:00:13", "text": "flipped the switch and guess what? Now"}, {"start": "00:00:12", "end": "00:00:15", "text": "it's a revenue token. May not be one of"}, {"start": "00:00:13", "end": "00:00:16", "text": "the best revenue tokens if you look at"}, {"start": "00:00:15", "end": "00:00:18", "text": "the metrics, but you know it's still"}, {"start": "00:00:16", "end": "00:00:19", "text": "revenue token. This is the trade that I"}, {"start": "00:00:18", "end": "00:00:21", "text": "think look people are talking about it"}, {"start": "00:00:19", "end": "00:00:22", "text": "but maybe not in the right way because"}, {"start": "00:00:21", "end": "00:00:23", "text": "there's a huge opportunity. There's a"}, {"start": "00:00:22", "end": "00:00:25", "text": "lot of narratives people are still"}, {"start": "00:00:23", "end": "00:00:26", "text": "chasing but the smart money is really"}, {"start": "00:00:25", "end": "00:00:29", "text": "just looking at all this and asking one"}, {"start": "00:00:26", "end": "00:00:32", "text": "question. Does this thing buy back its"}, {"start": "00:00:29", "end": "00:00:32", "text": "own bag with real revenue?"}]

[{"start": "00:00:01", "end": "00:00:08", "text": "Bitcoin, the Fed, it's big week, man."}, {"start": "00:00:04", "end": "00:00:10", "text": "Clarity Act vote potentially tomorrow."}, {"start": "00:00:08", "end": "00:00:11", "text": "Guys over at Anthropic saying we got to"}, {"start": "00:00:10", "end": "00:00:13", "text": "slow down this whole AI thing because"}, {"start": "00:00:11", "end": "00:00:15", "text": "the end of the world's about to happen."}, {"start": "00:00:13", "end": "00:00:18", "text": "The actual story is probably much less"}, {"start": "00:00:15", "end": "00:00:20", "text": "interesting. Altcoins cooling off on"}, {"start": "00:00:18", "end": "00:00:23", "text": "chain. We got a lot of stuff to discuss"}, {"start": "00:00:20", "end": "00:00:27", "text": "in today's stream. Welcome to the party."}, {"start": "00:00:23", "end": "00:00:29", "text": "I see you guys. What is up? What is up?"}, {"start": "00:00:27", "end": "00:00:31", "text": "Yes, let's speculate indeed. Let's"}, {"start": "00:00:29", "end": "00:00:32", "text": "speculate. We love speculating around"}, {"start": "00:00:31", "end": "00:00:34", "text": "here. We got a lot of stuff to talk"}, {"start": "00:00:32", "end": "00:00:36", "text": "about today. Let's hop in by talking"}, {"start": "00:00:34", "end": "00:00:38", "text": "first and foremost"}, {"start": "00:00:36", "end": "00:00:40", "text": "about Bitcoin."}, {"start": "00:00:38", "end": "00:00:41", "text": "What if clarity passes? What if the Fed"}, {"start": "00:00:40", "end": "00:00:43", "text": "doesn't hike? Everyone expects clarity"}, {"start": "00:00:41", "end": "00:00:46", "text": "to fail and the Fed to hike. What if"}, {"start": "00:00:43", "end": "00:00:48", "text": "everyone is wrong and we just go to the"}, {"start": "00:00:46", "end": "00:00:50", "text": "moon? It's a very contrarian bet right"}, {"start": "00:00:48", "end": "00:00:51", "text": "now. I mean, the Fed, it's a complicated"}, {"start": "00:00:50", "end": "00:00:52", "text": "conversation. We're going to have that"}, {"start": "00:00:51", "end": "00:00:55", "text": "conversation here in a minute after we"}, {"start": "00:00:52", "end": "00:00:58", "text": "take quick look at charts. But the Fed"}, {"start": "00:00:55", "end": "00:01:01", "text": "conversation is something very specific."}, {"start": "00:00:58", "end": "00:01:01", "text": "clarity."}, {"start": "00:01:01", "end": "00:01:05", "text": "You know, it's good for America, but"}, {"start": "00:01:03", "end": "00:01:08", "text": "obviously partisan politics come into"}, {"start": "00:01:05", "end": "00:01:10", "text": "play and therefore,"}, {"start": "00:01:08", "end": "00:01:11", "text": "you know, the Democrats don't want to"}, {"start": "00:01:10", "end": "00:01:12", "text": "give Trump the win. And they think,"}, {"start": "00:01:11", "end": "00:01:14", "text": "well, we'll just delay it until after"}, {"start": "00:01:12", "end": "00:01:15", "text": "the midterms, which point we'll probably"}, {"start": "00:01:14", "end": "00:01:17", "text": "have more power in the House or the"}, {"start": "00:01:15", "end": "00:01:19", "text": "Senate and this clarity will never get"}, {"start": "00:01:17", "end": "00:01:20", "text": "through and it'll be a big win for us"}, {"start": "00:01:19", "end": "00:01:22", "text": "because we'll, you know, put salt in"}, {"start": "00:01:20", "end": "00:01:23", "text": "Trump's eye even if it's not good for"}, {"start": "00:01:22", "end": "00:01:25", "text": "America."}, {"start": "00:01:23", "end": "00:01:27", "text": "Anyway,"}, {"start": "00:01:25", "end": "00:01:29", "text": "we'll see. We'll see."}, {"start": "00:01:27", "end": "00:01:30", "text": "Still decent odds as that gets passed by"}, {"start": "00:01:29", "end": "00:01:31", "text": "the end of the year. We got more on that"}, {"start": "00:01:30", "end": "00:01:33", "text": "for you in a few minutes too. Breaking"}, {"start": "00:01:31", "end": "00:01:39", "text": "down that whole situation for you. El"}, {"start": "00:01:33", "end": "00:01:40", "text": "Crypto Prof, the mustache man himself."}, {"start": "00:01:39", "end": "00:01:42", "text": "Great chart here. He said friendly"}, {"start": "00:01:40", "end": "00:01:44", "text": "reminder every time BTC has returned to"}, {"start": "00:01:42", "end": "00:01:46", "text": "the Gausian channel. I know what you're"}, {"start": "00:01:44", "end": "00:01:47", "text": "thinking like Lark, what's the Gausian"}, {"start": "00:01:46", "end": "00:01:49", "text": "channel doing today? Well, this was"}, {"start": "00:01:47", "end": "00:01:52", "text": "doing today guys. This is the oneweek"}, {"start": "00:01:49", "end": "00:01:55", "text": "chart. The bottom has been confirmed and"}, {"start": "00:01:52", "end": "00:01:57", "text": "it's happening again. There have been so"}, {"start": "00:01:55", "end": "00:01:59", "text": "many"}, {"start": "00:01:57", "end": "00:02:01", "text": "the Gazian channel is just the rec most"}, {"start": "00:01:59", "end": "00:02:03", "text": "recent one, but there's been so many"}, {"start": "00:02:01", "end": "00:02:06", "text": "things that have been piling up here"}, {"start": "00:02:03", "end": "00:02:10", "text": "showing that a likely bottom was at"}, {"start": "00:02:06", "end": "00:02:12", "text": "$57,000. Can things still unwind?"}, {"start": "00:02:10", "end": "00:02:17", "text": "We have the Gausian channel, the twoe"}, {"start": "00:02:12", "end": "00:02:20", "text": "MACD, the weekly RSI bullish divergence,"}, {"start": "00:02:17", "end": "00:02:22", "text": "the biggest onchain accumulation ever"}, {"start": "00:02:20", "end": "00:02:26", "text": "under 60K."}, {"start": "00:02:22", "end": "00:02:28", "text": "um the biggest short liquidation event"}, {"start": "00:02:26", "end": "00:02:29", "text": "ever in history of crypto. All these"}, {"start": "00:02:28", "end": "00:02:31", "text": "things have happened over the past"}, {"start": "00:02:29", "end": "00:02:32", "text": "couple months."}, {"start": "00:02:31", "end": "00:02:35", "text": "Those are the kind of things that would"}, {"start": "00:02:32", "end": "00:02:37", "text": "normally say, you know what,"}, {"start": "00:02:35", "end": "00:02:39", "text": "probably a bottom is in. Now, can we"}, {"start": "00:02:37", "end": "00:02:41", "text": "still have the world explode? The diesel"}, {"start": "00:02:39", "end": "00:02:43", "text": "crisis goes into overdrive. You know"}, {"start": "00:02:41", "end": "00:02:46", "text": "what's going to happen when we have the"}, {"start": "00:02:43", "end": "00:02:47", "text": "diesel crisis really explode on us?"}, {"start": "00:02:46", "end": "00:02:48", "text": "They're going to have to print money."}, {"start": "00:02:47", "end": "00:02:50", "text": "They're going to have to print so much"}, {"start": "00:02:48", "end": "00:02:51", "text": "money. It'll be absurd. But doesn't mean"}, {"start": "00:02:50", "end": "00:02:53", "text": "that you can't get some [�__�]"}, {"start": "00:02:51", "end": "00:02:55", "text": "happening in the charts for them. But if"}, {"start": "00:02:53", "end": "00:02:57", "text": "you look at the charts and you look at"}, {"start": "00:02:55", "end": "00:02:59", "text": "the charts with sort of a nonbiased eye,"}, {"start": "00:02:57", "end": "00:03:01", "text": "not trying to see what you want to see,"}, {"start": "00:02:59", "end": "00:03:02", "text": "but trying to see what's there. Trying"}, {"start": "00:03:01", "end": "00:03:03", "text": "to see how patterns have played out in"}, {"start": "00:03:02", "end": "00:03:07", "text": "the markets. Well, it's going to tell"}, {"start": "00:03:03", "end": "00:03:07", "text": "you one thing very clearly that"}, {"start": "00:03:08", "end": "00:03:13", "text": "the bottom was probably at 57K."}, {"start": "00:03:10", "end": "00:03:14", "text": "No guarantees. No guarantees. Past"}, {"start": "00:03:13", "end": "00:03:15", "text": "performance is not equal future"}, {"start": "00:03:14", "end": "00:03:18", "text": "performance. And you could lose all your"}, {"start": "00:03:15", "end": "00:03:20", "text": "money in crypto. Guys, don't forget it."}, {"start": "00:03:18", "end": "00:03:22", "text": "Quentyn, Bitcoin has not been in a bull"}, {"start": "00:03:20", "end": "00:03:24", "text": "market against gold since 2021. I think"}, {"start": "00:03:22", "end": "00:03:28", "text": "we're about to change that. Let's go."}, {"start": "00:03:24", "end": "00:03:31", "text": "Let's go. BTC on the daily chart. Still"}, {"start": "00:03:28", "end": "00:03:33", "text": "bouncing here around the 20-day EMA. Not"}, {"start": "00:03:31", "end": "00:03:35", "text": "a bad spot to be in my opinion, but you"}, {"start": "00:03:33", "end": "00:03:37", "text": "know, we're still"}, {"start": "00:03:35", "end": "00:03:39", "text": "not showing a lot of strength. We had"}, {"start": "00:03:37", "end": "00:03:41", "text": "three strong rejections against the"}, {"start": "00:03:39", "end": "00:03:43", "text": "previous bare flag support line that is"}, {"start": "00:03:41", "end": "00:03:46", "text": "now resistance. We do have the 50-day"}, {"start": "00:03:43", "end": "00:03:50", "text": "and 20-day EMA bull cross on the charts,"}, {"start": "00:03:46", "end": "00:03:53", "text": "baby. Let's effing go. Long time a long"}, {"start": "00:03:50", "end": "00:03:56", "text": "time since that happened. Long time"}, {"start": "00:03:53", "end": "00:03:58", "text": "since we were meaningfully above that."}, {"start": "00:03:56", "end": "00:04:00", "text": "Oh boy. And you got to go back to like"}, {"start": "00:03:58", "end": "00:04:02", "text": "ancient history here. So this was didn't"}, {"start": "00:04:00", "end": "00:04:04", "text": "even have a bearish cross here. Oh boy."}, {"start": "00:04:02", "end": "00:04:05", "text": "You know what's interesting is the last"}, {"start": "00:04:04", "end": "00:04:07", "text": "time again we're looking for the blue"}, {"start": "00:04:05", "end": "00:04:09", "text": "line crossing over the purple one after"}, {"start": "00:04:07", "end": "00:04:11", "text": "a long downtrend."}, {"start": "00:04:09", "end": "00:04:12", "text": "Would you look at that? February 2023."}, {"start": "00:04:11", "end": "00:04:15", "text": "The end of the bear previous bare"}, {"start": "00:04:12", "end": "00:04:18", "text": "market. Fascinating."}, {"start": "00:04:15", "end": "00:04:19", "text": "Fascinating, isn't it? Interesting."}, {"start": "00:04:18", "end": "00:04:21", "text": "Anyway,"}, {"start": "00:04:19", "end": "00:04:23", "text": "that's happening currently. We like"}, {"start": "00:04:21", "end": "00:04:27", "text": "that. Doesn't mean we can't come back"}, {"start": "00:04:23", "end": "00:04:28", "text": "down to retest the 200 day. The big line"}, {"start": "00:04:27", "end": "00:04:30", "text": "in the sand, of course, is the orange"}, {"start": "00:04:28", "end": "00:04:32", "text": "box over our heads. We get up over that"}, {"start": "00:04:30", "end": "00:04:34", "text": "and then we are off to the races. Bob,"}, {"start": "00:04:32", "end": "00:04:36", "text": "your uncle's Bob's your uncle. Fanny's"}, {"start": "00:04:34", "end": "00:04:38", "text": "your aunt. All that fun kind of stuff."}, {"start": "00:04:36", "end": "00:04:40", "text": "Waiting for that MACD bull cross to play"}, {"start": "00:04:38", "end": "00:04:41", "text": "out here too. is probably going to be"}, {"start": "00:04:40", "end": "00:04:45", "text": "the"}, {"start": "00:04:41", "end": "00:04:47", "text": "the final sort of straw showing that a"}, {"start": "00:04:45", "end": "00:04:49", "text": "reversal comes in and we get over 83K."}, {"start": "00:04:47", "end": "00:04:51", "text": "But a lot depends on the news this week."}, {"start": "00:04:49", "end": "00:04:53", "text": "Fed rate hike might be bad. Clarity Act"}, {"start": "00:04:51", "end": "00:04:55", "text": "failing to pass might be bad. Short term"}, {"start": "00:04:53", "end": "00:04:58", "text": "for crypto guy doesn't really matter."}, {"start": "00:04:55", "end": "00:05:00", "text": "But we get it is good. It's one of those"}, {"start": "00:04:58", "end": "00:05:01", "text": "things good to get. If we don't get it,"}, {"start": "00:05:00", "end": "00:05:05", "text": "yeah, it couldn't, you know, could be"}, {"start": "00:05:01", "end": "00:05:07", "text": "worse. Let's put it that way. Daario"}, {"start": "00:05:05", "end": "00:05:09", "text": "Amodai"}, {"start": "00:05:07", "end": "00:05:11", "text": "does mean lover of God. You know what is"}, {"start": "00:05:09", "end": "00:05:15", "text": "up with these guy? Can I just digress"}, {"start": "00:05:11", "end": "00:05:18", "text": "for a second? You know"}, {"start": "00:05:15", "end": "00:05:20", "text": "what is up with these like big tech bros"}, {"start": "00:05:18", "end": "00:05:23", "text": "and their weird ass names. You know, Sam"}, {"start": "00:05:20", "end": "00:05:25", "text": "the bankman freed. You know, he is the"}, {"start": "00:05:23", "end": "00:05:28", "text": "bankman and he freed everybody from his"}, {"start": "00:05:25", "end": "00:05:31", "text": "money. Sam the altman, he's creating the"}, {"start": "00:05:28", "end": "00:05:35", "text": "alternative to man with his AI. Daario"}, {"start": "00:05:31", "end": "00:05:37", "text": "Amodai, the lover, the god lover."}, {"start": "00:05:35", "end": "00:05:38", "text": "What I these last names, you know, just"}, {"start": "00:05:37", "end": "00:05:40", "text": "come on. It's like it's car somebody's"}, {"start": "00:05:38", "end": "00:05:43", "text": "scripting all this [�__�] out somewhere."}, {"start": "00:05:40", "end": "00:05:46", "text": "Anyway, I digress."}, {"start": "00:05:43", "end": "00:05:49", "text": "Daario, CEO of Anthropic, he said, uh,"}, {"start": "00:05:46", "end": "00:05:51", "text": "we must pace the frontier. Basically"}, {"start": "00:05:49", "end": "00:05:53", "text": "saying there's been a lot of breakouts"}, {"start": "00:05:51", "end": "00:05:56", "text": "recently of the swarms and stuff like"}, {"start": "00:05:53", "end": "00:05:58", "text": "that. And OpenAI had it happen and then"}, {"start": "00:05:56", "end": "00:05:59", "text": "started hacking some other AI company"}, {"start": "00:05:58", "end": "00:06:01", "text": "and then Anthropic said maybe we should"}, {"start": "00:05:59", "end": "00:06:02", "text": "check and see if they broken out too."}, {"start": "00:06:01", "end": "00:06:04", "text": "And of course, they'd broken out as"}, {"start": "00:06:02", "end": "00:06:06", "text": "well. There's a few things going on"}, {"start": "00:06:04", "end": "00:06:10", "text": "here. And"}, {"start": "00:06:06", "end": "00:06:12", "text": "one is maybe this is all true and"}, {"start": "00:06:10", "end": "00:06:15", "text": "they're really worried about the speed"}, {"start": "00:06:12", "end": "00:06:16", "text": "at which the AI is going crazy and they"}, {"start": "00:06:15", "end": "00:06:17", "text": "think we need to rein it in a little"}, {"start": "00:06:16", "end": "00:06:18", "text": "bit. Of course, the Chinese are not"}, {"start": "00:06:17", "end": "00:06:20", "text": "going to rain it in. Trump's saying,"}, {"start": "00:06:18", "end": "00:06:22", "text": "\"You're [�__�] crazy. Don't rain it in."}, {"start": "00:06:20", "end": "00:06:25", "text": "Go harder. Go faster.\""}, {"start": "00:06:22", "end": "00:06:27", "text": "These guys are the frontier. Okay. Dario"}, {"start": "00:06:25", "end": "00:06:30", "text": "and Sam Alman, they are the leaders of"}, {"start": "00:06:27", "end": "00:06:33", "text": "the frontier. Elon Musk too with Grock,"}, {"start": "00:06:30", "end": "00:06:35", "text": "right? Um, Zuckerberg with Llama Uber,"}, {"start": "00:06:33", "end": "00:06:37", "text": "which doesn't get any love by the way,"}, {"start": "00:06:35", "end": "00:06:39", "text": "but Zuckerberg's AI company."}, {"start": "00:06:37", "end": "00:06:42", "text": "Zuckerberg's got AI company too, right?"}, {"start": "00:06:39", "end": "00:06:44", "text": "Was part of Meta. Anyway,"}, {"start": "00:06:42", "end": "00:06:48", "text": "here's the thing."}, {"start": "00:06:44", "end": "00:06:50", "text": "The flip side of that argument is that"}, {"start": "00:06:48", "end": "00:06:51", "text": "maybe they're getting to the point where"}, {"start": "00:06:50", "end": "00:06:54", "text": "they're trying to justify the spend and"}, {"start": "00:06:51", "end": "00:06:55", "text": "and this allows them to pull back a"}, {"start": "00:06:54", "end": "00:06:58", "text": "little bit and see, see, we got to slow"}, {"start": "00:06:55", "end": "00:07:00", "text": "down because, you know, security and the"}, {"start": "00:06:58", "end": "00:07:02", "text": "world's imploding and we're going to"}, {"start": "00:07:00", "end": "00:07:03", "text": "create, you know, Skynet and blow up"}, {"start": "00:07:02", "end": "00:07:05", "text": "everybody, which is a possibility,"}, {"start": "00:07:03", "end": "00:07:06", "text": "right? And this sort of whistleblower"}, {"start": "00:07:05", "end": "00:07:08", "text": "that came out the other day was like, oh"}, {"start": "00:07:06", "end": "00:07:11", "text": "yeah, 10% chance we all die within the"}, {"start": "00:07:08", "end": "00:07:14", "text": "next 10 years. Like, man, talk, you see"}, {"start": "00:07:11", "end": "00:07:16", "text": "that guy? See, come on. That that guy"}, {"start": "00:07:14", "end": "00:07:18", "text": "that guy come on that guy is going to go"}, {"start": "00:07:16", "end": "00:07:19", "text": "start his own fun now. That guy was"}, {"start": "00:07:18", "end": "00:07:21", "text": "given the golden parachute to go and"}, {"start": "00:07:19", "end": "00:07:23", "text": "leave. It's like these UFO guys that"}, {"start": "00:07:21", "end": "00:07:24", "text": "come out are like like dog these are"}, {"start": "00:07:23", "end": "00:07:26", "text": "like the most obvious like you know"}, {"start": "00:07:24", "end": "00:07:27", "text": "brainwashed CI operatives ever like oh"}, {"start": "00:07:26", "end": "00:07:29", "text": "yeah I'm going to trust these guys on"}, {"start": "00:07:27", "end": "00:07:32", "text": "UFOs. Anyway,"}, {"start": "00:07:29", "end": "00:07:33", "text": "I get a similar vibe recently here and"}, {"start": "00:07:32", "end": "00:07:37", "text": "maybe we're running a situation where"}, {"start": "00:07:33", "end": "00:07:39", "text": "the the sort of the promise of AI and"}, {"start": "00:07:37", "end": "00:07:41", "text": "the short-term impact of AI is starting"}, {"start": "00:07:39", "end": "00:07:44", "text": "to reach that that um canyon of"}, {"start": "00:07:41", "end": "00:07:45", "text": "expectation that we have to cross over"}, {"start": "00:07:44", "end": "00:07:48", "text": "and the AI companies might be seeing"}, {"start": "00:07:45", "end": "00:07:49", "text": "that massive spend and their ability to"}, {"start": "00:07:48", "end": "00:07:50", "text": "keep pushing forward. I don't know."}, {"start": "00:07:49", "end": "00:07:52", "text": "We're going to see. Hopefully, they"}, {"start": "00:07:50", "end": "00:07:53", "text": "don't blow the world up anyway. I don't"}, {"start": "00:07:52", "end": "00:07:57", "text": "need Terminators kicking down my front"}, {"start": "00:07:53", "end": "00:07:59", "text": "door and taking my Bitcoin. NASDAQ has"}, {"start": "00:07:57", "end": "00:08:00", "text": "this is the pre-markets on NASDAQ."}, {"start": "00:07:59", "end": "00:08:03", "text": "NASDAQ cooling a little bit on this"}, {"start": "00:08:00", "end": "00:08:06", "text": "news, but we were down deeper in"}, {"start": "00:08:03", "end": "00:08:07", "text": "pre-markets a few hours ago. So, we've"}, {"start": "00:08:06", "end": "00:08:10", "text": "come back up a little bit, which is good"}, {"start": "00:08:07", "end": "00:08:13", "text": "to see. So, that's a positive thing."}, {"start": "00:08:10", "end": "00:08:15", "text": "There's a lot of sort of talk because of"}, {"start": "00:08:13", "end": "00:08:17", "text": "Daario's little essay that, you know,"}, {"start": "00:08:15", "end": "00:08:19", "text": "there's going to be his absolute blood"}, {"start": "00:08:17", "end": "00:08:20", "text": "bath, particularly in tech stocks on"}, {"start": "00:08:19", "end": "00:08:25", "text": "Monday morning. And, yeah, okay, the"}, {"start": "00:08:20", "end": "00:08:26", "text": "NASDAQ's down seven points. Uh, so 1% in"}, {"start": "00:08:25", "end": "00:08:28", "text": "the pre-markets this morning. Maybe when"}, {"start": "00:08:26", "end": "00:08:30", "text": "markets actually open up, it gets worse."}, {"start": "00:08:28", "end": "00:08:32", "text": "We're going to find out. Okay, maybe AI"}, {"start": "00:08:30", "end": "00:08:33", "text": "stocks just get slaughtered and tech"}, {"start": "00:08:32", "end": "00:08:35", "text": "stocks just get slaughtered because of"}, {"start": "00:08:33", "end": "00:08:37", "text": "Dario's little little essay here or not."}, {"start": "00:08:35", "end": "00:08:40", "text": "Or everybody thinks, you know what,"}, {"start": "00:08:37", "end": "00:08:44", "text": "maybe it's all a bit overblown."}, {"start": "00:08:40", "end": "00:08:46", "text": "We shall see. We shall see."}, {"start": "00:08:44", "end": "00:08:49", "text": "Bald Eagle, what's up, man? Nice to see"}, {"start": "00:08:46", "end": "00:08:53", "text": "you. Morning. What's up, man? Welcome."}, {"start": "00:08:49", "end": "00:08:53", "text": "Welcome. Welcome."}, {"start": "00:08:55", "end": "00:09:01", "text": "Hey, Red Rocks Masonry Inc."}, {"start": "00:08:58", "end": "00:09:02", "text": "dude, welcome to the party. Enjoy live"}, {"start": "00:09:01", "end": "00:09:04", "text": "stream. We're hanging out. We're talking"}, {"start": "00:09:02", "end": "00:09:05", "text": "crypto. We're talking markets. We talk a"}, {"start": "00:09:04", "end": "00:09:07", "text": "bit of tech stocks, all that fun kind of"}, {"start": "00:09:05", "end": "00:09:08", "text": "stuff sometimes, too. I know. I know."}, {"start": "00:09:07", "end": "00:09:09", "text": "Every once in a while, the crypto"}, {"start": "00:09:08", "end": "00:09:11", "text": "markets get so boring. I remember I have"}, {"start": "00:09:09", "end": "00:09:15", "text": "a stock portfolio."}, {"start": "00:09:11", "end": "00:09:18", "text": "It happens. H."}, {"start": "00:09:15", "end": "00:09:20", "text": "Oh, yeah. and Andrew. Yeah, the trillion"}, {"start": "00:09:18", "end": "00:09:24", "text": "dollar valuations on these companies, I"}, {"start": "00:09:20", "end": "00:09:26", "text": "mean, my goodness gracious me."}, {"start": "00:09:24", "end": "00:09:28", "text": "You know, the fact that both OpenAI and"}, {"start": "00:09:26", "end": "00:09:31", "text": "Anthropic are looking at almost $2"}, {"start": "00:09:28", "end": "00:09:34", "text": "trillion valuations each, it's absurd."}, {"start": "00:09:31", "end": "00:09:36", "text": "Anyway, uh currently I'm losing money on"}, {"start": "00:09:34", "end": "00:09:38", "text": "my Ethereum long here. We had the CPI"}, {"start": "00:09:36", "end": "00:09:40", "text": "news come in the other day, which was"}, {"start": "00:09:38", "end": "00:09:43", "text": "kind of coming in close to expectations"}, {"start": "00:09:40", "end": "00:09:46", "text": "and the market pumped off of that."}, {"start": "00:09:43", "end": "00:09:50", "text": "Yeah. Anyway, so I opened up my Ethereum"}, {"start": "00:09:46", "end": "00:09:52", "text": "long at $2550 is currently down $860."}, {"start": "00:09:50", "end": "00:09:53", "text": "Good times. My Bitcoin long did not get"}, {"start": "00:09:52", "end": "00:09:55", "text": "opened up on that uh little pump there."}, {"start": "00:09:53", "end": "00:09:57", "text": "And I'm just going to keep it open."}, {"start": "00:09:55", "end": "00:09:59", "text": "Let's see. You know, against my part of"}, {"start": "00:09:57", "end": "00:10:01", "text": "me thinks it's kind of not the scenario"}, {"start": "00:09:59", "end": "00:10:02", "text": "I was looking for, but still the ETH"}, {"start": "00:10:01", "end": "00:10:04", "text": "charts look pretty nuts. We're going to"}, {"start": "00:10:02", "end": "00:10:05", "text": "talk about those in a few minutes. But"}, {"start": "00:10:04", "end": "00:10:07", "text": "between now and then, we got some money"}, {"start": "00:10:05", "end": "00:10:08", "text": "to give away. Let's go. Let's give away"}, {"start": "00:10:07", "end": "00:10:12", "text": "a,000 bucks. Course if you want to be in"}, {"start": "00:10:08", "end": "00:10:12", "text": "to win $1,000."}, {"start": "00:10:12", "end": "00:10:16", "text": "And guess what?"}, {"start": "00:10:15", "end": "00:10:17", "text": "You've got to be signed up to Bit Unix."}, {"start": "00:10:16", "end": "00:10:20", "text": "There's a link down below. So anyone,"}, {"start": "00:10:17", "end": "00:10:21", "text": "anywhere you and you can sign up. You"}, {"start": "00:10:20", "end": "00:10:24", "text": "can trade Bitcoin, Ethereum, Salana,"}, {"start": "00:10:21", "end": "00:10:26", "text": "XRP, dog coins, gold, silver, oil. They"}, {"start": "00:10:24", "end": "00:10:29", "text": "got oil, man. Watch this trader horm"}, {"start": "00:10:26", "end": "00:10:31", "text": "[�__�] trade the oil. They got stocks."}, {"start": "00:10:29", "end": "00:10:32", "text": "You want to trade the AI stocks? They"}, {"start": "00:10:31", "end": "00:10:34", "text": "got it all, man. They got it all for"}, {"start": "00:10:32", "end": "00:10:38", "text": "you. So link down below. Go get signed"}, {"start": "00:10:34", "end": "00:10:40", "text": "up. Deposit USDT. Make a trade. You're"}, {"start": "00:10:38", "end": "00:10:42", "text": "in to win. Ste@gmail.com. Just won"}, {"start": "00:10:40", "end": "00:10:44", "text": "$1,000."}, {"start": "00:10:42", "end": "00:10:46", "text": "Enjoy your thousand dollars, my dude."}, {"start": "00:10:44", "end": "00:10:49", "text": "You want to be the next winner? Link"}, {"start": "00:10:46", "end": "00:10:53", "text": "down below. Go check it out. Okay, it's"}, {"start": "00:10:49", "end": "00:10:57", "text": "time to talk about the Fed. The Fed."}, {"start": "00:10:53", "end": "00:11:02", "text": "Oh boy. Look,"}, {"start": "00:10:57", "end": "00:11:02", "text": "this whole Fed situation is a bit nuts."}, {"start": "00:11:04", "end": "00:11:10", "text": "So the market just moved the odds on a"}, {"start": "00:11:06", "end": "00:11:12", "text": "Fed rate hike from 1 in three to nearly"}, {"start": "00:11:10", "end": "00:11:14", "text": "nine and 10 in just a month. So these"}, {"start": "00:11:12", "end": "00:11:15", "text": "are pretty crazy numbers. Just a month"}, {"start": "00:11:14", "end": "00:11:16", "text": "ago, traders were pricing about 33%"}, {"start": "00:11:15", "end": "00:11:20", "text": "chance that the Fed was going to hike"}, {"start": "00:11:16", "end": "00:11:22", "text": "rates. Today we have as you saw about"}, {"start": "00:11:20", "end": "00:11:24", "text": "almost 87%. That's an insane repricing"}, {"start": "00:11:22", "end": "00:11:26", "text": "with fastest repricing we've seen in"}, {"start": "00:11:24", "end": "00:11:27", "text": "right high expectations in a long time."}, {"start": "00:11:26", "end": "00:11:29", "text": "Bitcoin of course caught right in the"}, {"start": "00:11:27", "end": "00:11:31", "text": "middle of that as always. So, here's"}, {"start": "00:11:29", "end": "00:11:32", "text": "kind of the state of play going into"}, {"start": "00:11:31", "end": "00:11:33", "text": "Wednesday when we have the Fed meeting."}, {"start": "00:11:32", "end": "00:11:36", "text": "The Fed's expected to raise interest"}, {"start": "00:11:33", "end": "00:11:38", "text": "rates by 25 basis points, pushing the"}, {"start": "00:11:36", "end": "00:11:40", "text": "target range to 4%. Spot Bitcoin ETFs"}, {"start": "00:11:38", "end": "00:11:41", "text": "just posted a pretty rough week, almost"}, {"start": "00:11:40", "end": "00:11:44", "text": "half a billion dollars in outflows"}, {"start": "00:11:41", "end": "00:11:46", "text": "between September 8th and 11th."}, {"start": "00:11:44", "end": "00:11:49", "text": "Right as those hike odds were spiking,"}, {"start": "00:11:46", "end": "00:11:52", "text": "Bitcoin itself sliding down from around"}, {"start": "00:11:49", "end": "00:11:53", "text": "82 and a half to sort of this mid70s uh"}, {"start": "00:11:52", "end": "00:11:55", "text": "zone where we're at right now, digesting"}, {"start": "00:11:53", "end": "00:11:58", "text": "the repricing before the actual decision"}, {"start": "00:11:55", "end": "00:11:59", "text": "ever happens. Now, here's the crazy"}, {"start": "00:11:58", "end": "00:12:01", "text": "part. If you're a Bitcoin holder, listen"}, {"start": "00:11:59", "end": "00:12:02", "text": "up. More than the 25 basis point the"}, {"start": "00:12:01", "end": "00:12:05", "text": "itself is the track record. Since"}, {"start": "00:12:02", "end": "00:12:07", "text": "Bitcoin cycle topped back in 2025, there"}, {"start": "00:12:05", "end": "00:12:08", "text": "have been seven FOMC decisions. Six of"}, {"start": "00:12:07", "end": "00:12:10", "text": "them triggered a bearish reaction in"}, {"start": "00:12:08", "end": "00:12:12", "text": "Bitcoin. The seventh, the most recent"}, {"start": "00:12:10", "end": "00:12:14", "text": "one, was basically neutral. And that's"}, {"start": "00:12:12", "end": "00:12:15", "text": "only because the Fed held rates steady."}, {"start": "00:12:14", "end": "00:12:18", "text": "In other words, it hasn't mattered"}, {"start": "00:12:15", "end": "00:12:19", "text": "whether the Fed cut, held, or hinted at"}, {"start": "00:12:18", "end": "00:12:22", "text": "hiking."}, {"start": "00:12:19", "end": "00:12:24", "text": "Bitcoin has flinched around almost every"}, {"start": "00:12:22", "end": "00:12:26", "text": "single meeting. This Wednesday is being"}, {"start": "00:12:24", "end": "00:12:28", "text": "called the biggest test of that pattern"}, {"start": "00:12:26", "end": "00:12:31", "text": "in months because for the first time in"}, {"start": "00:12:28", "end": "00:12:33", "text": "this stretch, a hike is actually on the"}, {"start": "00:12:31", "end": "00:12:35", "text": "table. Will Wars do it or not? He's got"}, {"start": "00:12:33", "end": "00:12:37", "text": "his marching orders from Donald Trump."}, {"start": "00:12:35", "end": "00:12:39", "text": "Trump doesn't want him to do it. So,"}, {"start": "00:12:37", "end": "00:12:40", "text": "let's try to break down how traders are"}, {"start": "00:12:39", "end": "00:12:42", "text": "actually thinking about this right now."}, {"start": "00:12:40", "end": "00:12:44", "text": "The consensus view and the contrarian"}, {"start": "00:12:42", "end": "00:12:45", "text": "view that's kind of fighting it. Well,"}, {"start": "00:12:44", "end": "00:12:48", "text": "the crowded trade goes like this. The"}, {"start": "00:12:45", "end": "00:12:51", "text": "hike itself is already priced in. What's"}, {"start": "00:12:48", "end": "00:12:52", "text": "not priced in is the path after that. If"}, {"start": "00:12:51", "end": "00:12:54", "text": "the Fed hikes and then signals more"}, {"start": "00:12:52", "end": "00:12:56", "text": "tightening is coming. A hawkish dot"}, {"start": "00:12:54", "end": "00:12:59", "text": "plot. Oh, the dot plots are back."}, {"start": "00:12:56", "end": "00:13:00", "text": "Hawkish language from chairman Wars,"}, {"start": "00:12:59", "end": "00:13:03", "text": "that's the scenario that actually hurts"}, {"start": "00:13:00", "end": "00:13:05", "text": "Bitcoin. A hawkish surprise means a"}, {"start": "00:13:03", "end": "00:13:07", "text": "stronger dollar, higher real yields, and"}, {"start": "00:13:05", "end": "00:13:08", "text": "tighter financial conditions. And that"}, {"start": "00:13:07", "end": "00:13:10", "text": "combination has been consistently bad"}, {"start": "00:13:08", "end": "00:13:12", "text": "for non-yielding high beta assets like"}, {"start": "00:13:10", "end": "00:13:14", "text": "your magic internet money. The deeper"}, {"start": "00:13:12", "end": "00:13:17", "text": "argument here is that a central bank"}, {"start": "00:13:14", "end": "00:13:18", "text": "rarely does a single clean oneandone"}, {"start": "00:13:17", "end": "00:13:20", "text": "hike after admitting policy was too"}, {"start": "00:13:18", "end": "00:13:21", "text": "loose. They did it in the 90s, by the"}, {"start": "00:13:20", "end": "00:13:23", "text": "way. It does have precedent."}, {"start": "00:13:21", "end": "00:13:25", "text": "Historically, once a Fed starts walking"}, {"start": "00:13:23", "end": "00:13:27", "text": "back and easing stance, markets tend to"}, {"start": "00:13:25", "end": "00:13:29", "text": "price in more than one move, which is"}, {"start": "00:13:27", "end": "00:13:31", "text": "why you're hearing desks talk about two"}, {"start": "00:13:29", "end": "00:13:34", "text": "plus hikes stretching into next year,"}, {"start": "00:13:31", "end": "00:13:36", "text": "not just a 25 basis point hike this"}, {"start": "00:13:34", "end": "00:13:37", "text": "week. Wall Street sentiments flipped"}, {"start": "00:13:36", "end": "00:13:39", "text": "pretty hard on this, too. A large share"}, {"start": "00:13:37", "end": "00:13:41", "text": "of major banks now do expect a hike, a"}, {"start": "00:13:39", "end": "00:13:44", "text": "dramatic shift from where forecast sat"}, {"start": "00:13:41", "end": "00:13:46", "text": "at the start of the year. So, kind of"}, {"start": "00:13:44", "end": "00:13:48", "text": "mechanically, here's the transmission. A"}, {"start": "00:13:46", "end": "00:13:49", "text": "hike plus hawkish guidance pushes the"}, {"start": "00:13:48", "end": "00:13:52", "text": "dollar and bond yields higher, risk"}, {"start": "00:13:49", "end": "00:13:53", "text": "premiums rise. Bitcoin, despite the"}, {"start": "00:13:52", "end": "00:13:55", "text": "digital gold narrative, still trades"}, {"start": "00:13:53", "end": "00:13:57", "text": "first and foremost as a liquidity"}, {"start": "00:13:55", "end": "00:13:59", "text": "sensitive risk asset. So, the short-term"}, {"start": "00:13:57", "end": "00:14:01", "text": "playbook a lot of traders are running is"}, {"start": "00:13:59", "end": "00:14:02", "text": "to fade uh strength into the"}, {"start": "00:14:01", "end": "00:14:05", "text": "announcement unless the Fed explicitly"}, {"start": "00:14:02", "end": "00:14:10", "text": "rules out further hikes. So, that's kind"}, {"start": "00:14:05", "end": "00:14:11", "text": "of the problematic scenario. But, but we"}, {"start": "00:14:10", "end": "00:14:13", "text": "do have push back building against this"}, {"start": "00:14:11", "end": "00:14:15", "text": "uh 86.7%"}, {"start": "00:14:13", "end": "00:14:17", "text": "narrative here. And some of it's pretty"}, {"start": "00:14:15", "end": "00:14:18", "text": "interesting. The first is political."}, {"start": "00:14:17", "end": "00:14:19", "text": "President Trump has been vocal that he"}, {"start": "00:14:18", "end": "00:14:21", "text": "wants the lowest interest rates in the"}, {"start": "00:14:19", "end": "00:14:24", "text": "world. And Kevin Worsh, his pick for the"}, {"start": "00:14:21", "end": "00:14:27", "text": "chair at the Fed, hiking rates just"}, {"start": "00:14:24", "end": "00:14:28", "text": "ahead of the midterms, come on, will be"}, {"start": "00:14:27", "end": "00:14:30", "text": "about the least politically convenient"}, {"start": "00:14:28", "end": "00:14:33", "text": "move imaginable."}, {"start": "00:14:30", "end": "00:14:34", "text": "So contrarians see two possible"}, {"start": "00:14:33", "end": "00:14:37", "text": "outcomes. is either the Fed holds and"}, {"start": "00:14:34", "end": "00:14:39", "text": "that overlooked 13 15% probability"}, {"start": "00:14:37", "end": "00:14:41", "text": "becomes a real story of the week or they"}, {"start": "00:14:39", "end": "00:14:42", "text": "hike 25 basis points but immediately"}, {"start": "00:14:41", "end": "00:14:45", "text": "signal this is not the start of a new"}, {"start": "00:14:42", "end": "00:14:47", "text": "hiking cycle which would actually be a"}, {"start": "00:14:45", "end": "00:14:50", "text": "dovish hike and could trigger a relief"}, {"start": "00:14:47", "end": "00:14:52", "text": "rally. Now the other contrarian argument"}, {"start": "00:14:50", "end": "00:14:54", "text": "is about the underlying data itself."}, {"start": "00:14:52", "end": "00:14:56", "text": "Hotter August inflation can justify a"}, {"start": "00:14:54", "end": "00:14:58", "text": "symbolic single hike but it's much"}, {"start": "00:14:56", "end": "00:15:00", "text": "bigger leap to go from just one hike to"}, {"start": "00:14:58", "end": "00:15:02", "text": "launch a multi-hike campaign. A lot of"}, {"start": "00:15:00", "end": "00:15:03", "text": "what's driving headline inflation right"}, {"start": "00:15:02", "end": "00:15:06", "text": "now is coming from energy prices tied to"}, {"start": "00:15:03", "end": "00:15:09", "text": "the conflict in Iran and from you know"}, {"start": "00:15:06", "end": "00:15:11", "text": "tariffs related stuff supply side"}, {"start": "00:15:09", "end": "00:15:13", "text": "pressure not necessarily a red-hot"}, {"start": "00:15:11", "end": "00:15:15", "text": "economy. If the Fed's own read on the"}, {"start": "00:15:13", "end": "00:15:16", "text": "core underlying inflation is milder than"}, {"start": "00:15:15", "end": "00:15:18", "text": "the headline numbers suggest then hiking"}, {"start": "00:15:16", "end": "00:15:21", "text": "aggressively risks fighting the wrong"}, {"start": "00:15:18", "end": "00:15:24", "text": "battle entirely. That could become a"}, {"start": "00:15:21", "end": "00:15:26", "text": "policy air that could ultimately prove"}, {"start": "00:15:24", "end": "00:15:28", "text": "bullish for hard assets like Bitcoin and"}, {"start": "00:15:26", "end": "00:15:29", "text": "gold once growth and liquidity start"}, {"start": "00:15:28", "end": "00:15:31", "text": "feeling the pain. There's a third"}, {"start": "00:15:29", "end": "00:15:33", "text": "option. Financial conditions are already"}, {"start": "00:15:31", "end": "00:15:35", "text": "tightening on their own. Yields in the"}, {"start": "00:15:33", "end": "00:15:36", "text": "dollar are up. Uh oil and geopolitical"}, {"start": "00:15:35", "end": "00:15:39", "text": "risk are doing real damage. So the case"}, {"start": "00:15:36", "end": "00:15:41", "text": "for the Fed layering a hike on top of"}, {"start": "00:15:39", "end": "00:15:43", "text": "that is the weaker than the odds"}, {"start": "00:15:41", "end": "00:15:45", "text": "suggest."}, {"start": "00:15:43", "end": "00:15:46", "text": "Finally, there's the buy the news crowd."}, {"start": "00:15:45", "end": "00:15:49", "text": "Their argument is pretty simple. The"}, {"start": "00:15:46", "end": "00:15:52", "text": "slide from 82 to 77 already was the"}, {"start": "00:15:49", "end": "00:15:53", "text": "market pricing in a hike. A 25 basis"}, {"start": "00:15:52", "end": "00:15:55", "text": "point move that matches expectations"}, {"start": "00:15:53", "end": "00:15:57", "text": "isn't a new shock. Continued tightening"}, {"start": "00:15:55", "end": "00:16:03", "text": "talk is the real risk if Bitcoin holds"}, {"start": "00:15:57", "end": "00:16:05", "text": "this sort of 7677 zone post Wednesday."}, {"start": "00:16:03", "end": "00:16:08", "text": "Well, especially if a softer than"}, {"start": "00:16:05", "end": "00:16:11", "text": "expected tone that could spark a squeeze"}, {"start": "00:16:08", "end": "00:16:13", "text": "back up to over 80 potentially over that"}, {"start": "00:16:11", "end": "00:16:16", "text": "orange box where we've seen so much"}, {"start": "00:16:13", "end": "00:16:17", "text": "resistance around 82.5."}, {"start": "00:16:16", "end": "00:16:21", "text": "So, where does that leave us? The"}, {"start": "00:16:17", "end": "00:16:22", "text": "consensus says the hike is priced in,"}, {"start": "00:16:21", "end": "00:16:23", "text": "but the path afterward isn't. That's"}, {"start": "00:16:22", "end": "00:16:24", "text": "where things get really tricky and"}, {"start": "00:16:23", "end": "00:16:27", "text": "that's where everyone's going to be"}, {"start": "00:16:24", "end": "00:16:29", "text": "dissecting worses tie killers again and"}, {"start": "00:16:27", "end": "00:16:30", "text": "that's what could hurt Bitcoin. The"}, {"start": "00:16:29", "end": "00:16:32", "text": "contrarians say the market may be"}, {"start": "00:16:30", "end": "00:16:33", "text": "overpricing a hawkish outcome all"}, {"start": "00:16:32", "end": "00:16:34", "text": "together whether for political reasons,"}, {"start": "00:16:33", "end": "00:16:37", "text": "data reasons or because the damage is"}, {"start": "00:16:34", "end": "00:16:39", "text": "already done in price."}, {"start": "00:16:37", "end": "00:16:41", "text": "But the data is pretty clear. We've had"}, {"start": "00:16:39", "end": "00:16:44", "text": "six bearish Fed reactions out of the"}, {"start": "00:16:41", "end": "00:16:45", "text": "last seven. It's a pretty brutal streak."}, {"start": "00:16:44", "end": "00:16:46", "text": "Wednesday's going to tell us whether"}, {"start": "00:16:45", "end": "00:16:48", "text": "that streak extends to seven out of"}, {"start": "00:16:46", "end": "00:16:49", "text": "eight or whether this is finally the"}, {"start": "00:16:48", "end": "00:16:52", "text": "meeting where Bitcoin breaks the"}, {"start": "00:16:49", "end": "00:16:54", "text": "pattern."}, {"start": "00:16:52", "end": "00:16:56", "text": "It's an interesting interesting"}, {"start": "00:16:54", "end": "00:16:58", "text": "conversation to be honest on the Fed"}, {"start": "00:16:56", "end": "00:16:59", "text": "right now because"}, {"start": "00:16:58", "end": "00:17:01", "text": "who the hell knows what's going to"}, {"start": "00:16:59", "end": "00:17:02", "text": "happen. We're going to find out. Let me"}, {"start": "00:17:01", "end": "00:17:04", "text": "know what you guys think uh in the"}, {"start": "00:17:02", "end": "00:17:07", "text": "comments section. What do you think the"}, {"start": "00:17:04", "end": "00:17:09", "text": "effing Fed is going to do?"}, {"start": "00:17:07", "end": "00:17:11", "text": "Burge 37 says they won't hike. They've"}, {"start": "00:17:09", "end": "00:17:12", "text": "already outsourced responsibility to"}, {"start": "00:17:11", "end": "00:17:14", "text": "task force to magic task force report."}, {"start": "00:17:12", "end": "00:17:18", "text": "Everything is good and the Fed transfers"}, {"start": "00:17:14", "end": "00:17:18", "text": "accountability somewhere else. I dig it."}, {"start": "00:17:19", "end": "00:17:24", "text": "Binary coded quinoa. Let's go."}, {"start": "00:17:24", "end": "00:17:27", "text": "Uh,"}, {"start": "00:17:32", "end": "00:17:35", "text": "let's see what else you guys talking"}, {"start": "00:17:33", "end": "00:17:36", "text": "about here. Going to be a bumpy week in"}, {"start": "00:17:35", "end": "00:17:40", "text": "the markets. Yeah, we got a lot of stuff"}, {"start": "00:17:36", "end": "00:17:43", "text": "going on. A lot of big events, that's"}, {"start": "00:17:40", "end": "00:17:43", "text": "for sure."}, {"start": "00:17:48", "end": "00:17:55", "text": "High oil is bad for tech stocks."}, {"start": "00:17:52", "end": "00:17:57", "text": "High oil's bad for a variety of reasons."}, {"start": "00:17:55", "end": "00:18:01", "text": "There's been so many things going on"}, {"start": "00:17:57", "end": "00:18:03", "text": "with the global energy markets. You"}, {"start": "00:18:01", "end": "00:18:05", "text": "know, you've had Ukraine blowing up so"}, {"start": "00:18:03", "end": "00:18:07", "text": "much Russian uh you know, hitting"}, {"start": "00:18:05", "end": "00:18:10", "text": "Russian oil fields, Russian refineries,"}, {"start": "00:18:07", "end": "00:18:12", "text": "Russian export capabilities."}, {"start": "00:18:10", "end": "00:18:13", "text": "Diesel prices have been going through"}, {"start": "00:18:12", "end": "00:18:15", "text": "the roof everywhere. We've got the"}, {"start": "00:18:13", "end": "00:18:17", "text": "straight of Hormuz crisis. We have the"}, {"start": "00:18:15", "end": "00:18:21", "text": "Houthis blowing up the east west"}, {"start": "00:18:17", "end": "00:18:24", "text": "pipeline in Saudi Arabia. We have the"}, {"start": "00:18:21", "end": "00:18:26", "text": "Bab al-Mandab Strait which is the sort"}, {"start": "00:18:24", "end": "00:18:28", "text": "of southern entrance to the Suez Canal"}, {"start": "00:18:26", "end": "00:18:30", "text": "that's coming offline. The Houthies now"}, {"start": "00:18:28", "end": "00:18:33", "text": "control that."}, {"start": "00:18:30", "end": "00:18:35", "text": "Oh boy. I mean,"}, {"start": "00:18:33", "end": "00:18:37", "text": "no. We need this China to take Taiwan."}, {"start": "00:18:35", "end": "00:18:41", "text": "It would just complete the the fun here,"}, {"start": "00:18:37", "end": "00:18:44", "text": "wouldn't it? Oh boy. Oh boy. All right."}, {"start": "00:18:41", "end": "00:18:47", "text": "But anyway, that's that. I think next"}, {"start": "00:18:44", "end": "00:18:53", "text": "thing we need to talk about."}, {"start": "00:18:47", "end": "00:18:53", "text": "It's clarity act, man. Clarity act."}, {"start": "00:18:54", "end": "00:18:57", "text": "Odds are surging. Does that mean"}, {"start": "00:18:56", "end": "00:19:00", "text": "anything's going to happen? I have no"}, {"start": "00:18:57", "end": "00:19:01", "text": "idea, but we're going to find out. We"}, {"start": "00:19:00", "end": "00:19:03", "text": "are sure the heck going to find out,"}, {"start": "00:19:01", "end": "00:19:05", "text": "aren't we? Look, clarity acts a pretty"}, {"start": "00:19:03", "end": "00:19:08", "text": "big deal. And I know a lot of people"}, {"start": "00:19:05", "end": "00:19:09", "text": "sort of, you know, it's been it's been"}, {"start": "00:19:08", "end": "00:19:10", "text": "one of those things. It's will, we"}, {"start": "00:19:09", "end": "00:19:14", "text": "won't, we will, we won't. Well, it's"}, {"start": "00:19:10", "end": "00:19:17", "text": "been going on for so gosh darn long, but"}, {"start": "00:19:14", "end": "00:19:21", "text": "34% chance of it happening right now."}, {"start": "00:19:17", "end": "00:19:22", "text": "The odds on the Clarity Act bill, they"}, {"start": "00:19:21", "end": "00:19:25", "text": "doubled in about the last 48 hours or"}, {"start": "00:19:22", "end": "00:19:26", "text": "so, and it's kind of not really the bill"}, {"start": "00:19:25", "end": "00:19:28", "text": "everyone really thinks that is. The odds"}, {"start": "00:19:26", "end": "00:19:32", "text": "on this passing before the end of 2026"}, {"start": "00:19:28", "end": "00:19:34", "text": "have doubled over a weekend from 17% to"}, {"start": "00:19:32", "end": "00:19:36", "text": "like mid30s. The reason why matters as"}, {"start": "00:19:34", "end": "00:19:37", "text": "much as the number itself, though. You"}, {"start": "00:19:36", "end": "00:19:39", "text": "see, Republicans have come out and"}, {"start": "00:19:37", "end": "00:19:41", "text": "they've dropped what's being called a"}, {"start": "00:19:39", "end": "00:19:43", "text": "final draft of the bill, nearly 635"}, {"start": "00:19:41", "end": "00:19:46", "text": "pages, and reports emerge that Trump has"}, {"start": "00:19:43", "end": "00:19:49", "text": "agreed to accept most of a bipartisan"}, {"start": "00:19:46", "end": "00:19:50", "text": "ethics package tied to it, meaning he'd"}, {"start": "00:19:49", "end": "00:19:52", "text": "divest or place his significant crypto"}, {"start": "00:19:50", "end": "00:19:55", "text": "holdings into a blind trust, and state"}, {"start": "00:19:52", "end": "00:19:57", "text": "attorneys, uh, generals would get an"}, {"start": "00:19:55", "end": "00:19:59", "text": "enforcement role. That ethics piece was"}, {"start": "00:19:57", "end": "00:20:01", "text": "the actual bottleneck the whole time. So"}, {"start": "00:19:59", "end": "00:20:04", "text": "Democrats needed some kind of fig leaf"}, {"start": "00:20:01", "end": "00:20:06", "text": "on the Trump family crypto exposure. The"}, {"start": "00:20:04", "end": "00:20:08", "text": "family coins, the stable coin ventures,"}, {"start": "00:20:06", "end": "00:20:10", "text": "the Bitcoin treasury holdings, over a"}, {"start": "00:20:08", "end": "00:20:13", "text": "billion dollars in crypto linked income"}, {"start": "00:20:10", "end": "00:20:15", "text": "in 2025 alone. They needed that before"}, {"start": "00:20:13", "end": "00:20:17", "text": "they'd even consider moving on this."}, {"start": "00:20:15", "end": "00:20:19", "text": "Now, the moment that that showed up, the"}, {"start": "00:20:17", "end": "00:20:20", "text": "odds doubled in 48 hours. That tells you"}, {"start": "00:20:19", "end": "00:20:23", "text": "the markets are trading the political"}, {"start": "00:20:20", "end": "00:20:26", "text": "process here, not just that 600 pages of"}, {"start": "00:20:23", "end": "00:20:28", "text": "SEC, CFTC, blah blah [�__�] [�__�]"}, {"start": "00:20:26", "end": "00:20:31", "text": "[�__�] So here's what's actually on"}, {"start": "00:20:28", "end": "00:20:34", "text": "the calendar. Tomorrow, Tuesday, is a"}, {"start": "00:20:31", "end": "00:20:36", "text": "closure vote, a vote to proceed to"}, {"start": "00:20:34", "end": "00:20:39", "text": "debate, not a vote to pass the bill into"}, {"start": "00:20:36", "end": "00:20:40", "text": "law. Okay, that still requires 60 votes"}, {"start": "00:20:39", "end": "00:20:42", "text": "in the Senate. Then actual debate,"}, {"start": "00:20:40", "end": "00:20:43", "text": "amendments, a real passage vote,"}, {"start": "00:20:42", "end": "00:20:45", "text": "alignment with whatever the House has,"}, {"start": "00:20:43", "end": "00:20:47", "text": "and of course, finally, the signature"}, {"start": "00:20:45", "end": "00:20:49", "text": "from Donald Trump himself. So Cloer is"}, {"start": "00:20:47", "end": "00:20:51", "text": "permission to talk about it, nothing"}, {"start": "00:20:49", "end": "00:20:52", "text": "more. So don't get too excited about it,"}, {"start": "00:20:51", "end": "00:20:54", "text": "guys. But still, let's get the damn"}, {"start": "00:20:52", "end": "00:20:55", "text": "thing on the on the floor right now."}, {"start": "00:20:54", "end": "00:20:57", "text": "Now, here's the trade everyone's"}, {"start": "00:20:55", "end": "00:20:59", "text": "positioning around, and it's not really"}, {"start": "00:20:57", "end": "00:21:01", "text": "a Bitcoin trade at all. It's an altcoin"}, {"start": "00:20:59", "end": "00:21:02", "text": "trade wearing Bitcoin headline. See, the"}, {"start": "00:21:01", "end": "00:21:04", "text": "consensus view is that this bill is"}, {"start": "00:21:02", "end": "00:21:05", "text": "barely going to matter for Bitcoin"}, {"start": "00:21:04", "end": "00:21:07", "text": "because Bitcoin already won its legal"}, {"start": "00:21:05", "end": "00:21:08", "text": "argument a few years back when it got"}, {"start": "00:21:07", "end": "00:21:10", "text": "the ETFs. It's already treated as a"}, {"start": "00:21:08", "end": "00:21:13", "text": "commodity. Full stop. It's the one"}, {"start": "00:21:10", "end": "00:21:15", "text": "that's got the most clarity. What this"}, {"start": "00:21:13", "end": "00:21:17", "text": "bill actually does is build the offramp"}, {"start": "00:21:15", "end": "00:21:18", "text": "for everything else. A path out of"}, {"start": "00:21:17", "end": "00:21:21", "text": "securities limbo for assets that don't"}, {"start": "00:21:18", "end": "00:21:22", "text": "have Bitcoin settled status. Grayscale's"}, {"start": "00:21:21", "end": "00:21:25", "text": "head of research has become the most"}, {"start": "00:21:22", "end": "00:21:27", "text": "quoted voice on this exact point, saying"}, {"start": "00:21:25", "end": "00:21:29", "text": "Bitcoin may benefit the least from the"}, {"start": "00:21:27", "end": "00:21:30", "text": "passage of the Clarity Act precisely"}, {"start": "00:21:29", "end": "00:21:32", "text": "because it's already has the cleanest"}, {"start": "00:21:30", "end": "00:21:34", "text": "classification and narrowest use case as"}, {"start": "00:21:32", "end": "00:21:36", "text": "digital gold. He said the bill still"}, {"start": "00:21:34", "end": "00:21:37", "text": "helps BTC at the margin, clear"}, {"start": "00:21:36", "end": "00:21:39", "text": "self-custody rights, bank"}, {"start": "00:21:37", "end": "00:21:40", "text": "permissibility, define CFTC, venue"}, {"start": "00:21:39", "end": "00:21:42", "text": "rules, all that kind of stuff. But"}, {"start": "00:21:40", "end": "00:21:44", "text": "that's plumbing, not a rerating of the"}, {"start": "00:21:42", "end": "00:21:46", "text": "asset. The names that actually move on"}, {"start": "00:21:44", "end": "00:21:49", "text": "this are, you know, Ethereum, Salana,"}, {"start": "00:21:46", "end": "00:21:51", "text": "XRP, Sooie, Unis swap, and all the other"}, {"start": "00:21:49", "end": "00:21:53", "text": "random [�__�] Anything with an"}, {"start": "00:21:51", "end": "00:21:55", "text": "identifiable issuer behind it or a"}, {"start": "00:21:53", "end": "00:21:57", "text": "pending ETF story. The bill gives them a"}, {"start": "00:21:55", "end": "00:21:59", "text": "defined test. Raise funds under"}, {"start": "00:21:57", "end": "00:22:01", "text": "securities rules, then graduate to"}, {"start": "00:21:59", "end": "00:22:03", "text": "trading as a digital commodity once the"}, {"start": "00:22:01", "end": "00:22:04", "text": "network is sufficiently decentralized."}, {"start": "00:22:03", "end": "00:22:06", "text": "That kind of kills the overhang that's"}, {"start": "00:22:04", "end": "00:22:08", "text": "been discounting these tokens for years,"}, {"start": "00:22:06", "end": "00:22:10", "text": "like unis swap. The constant risk of"}, {"start": "00:22:08", "end": "00:22:13", "text": "being one enforcement action away from a"}, {"start": "00:22:10", "end": "00:22:14", "text": "delisting scare is real. XRP in"}, {"start": "00:22:13", "end": "00:22:16", "text": "particular is treated as sort of this"}, {"start": "00:22:14", "end": "00:22:18", "text": "high beta name to this vote because the"}, {"start": "00:22:16", "end": "00:22:22", "text": "SEC overhang basically was the product"}, {"start": "00:22:18", "end": "00:22:24", "text": "story for XRP. The salon are framed as"}, {"start": "00:22:22", "end": "00:22:26", "text": "the institutions can finally touch"}, {"start": "00:22:24", "end": "00:22:27", "text": "programmable blockchains trade but you"}, {"start": "00:22:26", "end": "00:22:31", "text": "know others have suffered more without a"}, {"start": "00:22:27", "end": "00:22:34", "text": "doubt. Now the reaction here I think it"}, {"start": "00:22:31", "end": "00:22:36", "text": "functioned the reaction function traders"}, {"start": "00:22:34", "end": "00:22:38", "text": "are modeling looks kind of asymmetric."}, {"start": "00:22:36", "end": "00:22:39", "text": "See, if the closure succeeds and"}, {"start": "00:22:38", "end": "00:22:41", "text": "especially if the full bill eventually"}, {"start": "00:22:39", "end": "00:22:43", "text": "passes, alts are expected to rip much"}, {"start": "00:22:41", "end": "00:22:44", "text": "harder than Bitcoin. That's definitely"}, {"start": "00:22:43", "end": "00:22:47", "text": "what I think is going to be the case."}, {"start": "00:22:44", "end": "00:22:49", "text": "Cryptojacent equities gap up. Bitcoin"}, {"start": "00:22:47", "end": "00:22:51", "text": "shares of uh total crypto market cap"}, {"start": "00:22:49", "end": "00:22:53", "text": "actually dips as capital rotates into"}, {"start": "00:22:51", "end": "00:22:54", "text": "newly derisked names. If closure fails,"}, {"start": "00:22:53", "end": "00:22:56", "text": "the estimated damage becomes kind of"}, {"start": "00:22:54", "end": "00:23:00", "text": "lopsided, too. Alts could give back"}, {"start": "00:22:56", "end": "00:23:01", "text": "somewhere 15 30 40% and shock scenarios."}, {"start": "00:23:00", "end": "00:23:03", "text": "Well, Bitcoin's downside will be much"}, {"start": "00:23:01", "end": "00:23:05", "text": "more limited, 10 20% or something like"}, {"start": "00:23:03", "end": "00:23:07", "text": "that. because Bitcoin still has an ETF"}, {"start": "00:23:05", "end": "00:23:09", "text": "demand and doesn't need this statute to"}, {"start": "00:23:07", "end": "00:23:10", "text": "be considered as legitimate. The same"}, {"start": "00:23:09", "end": "00:23:13", "text": "pattern already played out early this"}, {"start": "00:23:10", "end": "00:23:15", "text": "year on the ethics rumor days. So,"}, {"start": "00:23:13", "end": "00:23:16", "text": "cryptojacent equities like Coinbase and"}, {"start": "00:23:15", "end": "00:23:19", "text": "Circle moved much harder than Bitcoin"}, {"start": "00:23:16", "end": "00:23:22", "text": "itself in both directions."}, {"start": "00:23:19", "end": "00:23:23", "text": "So, the short version making the rounds"}, {"start": "00:23:22", "end": "00:23:25", "text": "captures it pretty well. Bitcoin already"}, {"start": "00:23:23", "end": "00:23:28", "text": "has clarity. The bill is an altcoin bill"}, {"start": "00:23:25", "end": "00:23:31", "text": "wrapped in a Bitcoin press release. But"}, {"start": "00:23:28", "end": "00:23:33", "text": "here's a real case against taking any of"}, {"start": "00:23:31", "end": "00:23:36", "text": "this stuff at face value. Okay? And it"}, {"start": "00:23:33", "end": "00:23:39", "text": "starts with the math. A 32 to 34% chance"}, {"start": "00:23:36", "end": "00:23:41", "text": "on closure. Just closure is still closer"}, {"start": "00:23:39", "end": "00:23:43", "text": "to a coin flip than a sure thing. And"}, {"start": "00:23:41", "end": "00:23:44", "text": "that's closure, not law. Getting there"}, {"start": "00:23:43", "end": "00:23:46", "text": "requires roughly seven Democratic votes"}, {"start": "00:23:44", "end": "00:23:48", "text": "in the legislative calendar after"}, {"start": "00:23:46", "end": "00:23:50", "text": "Tuesday is brutal. Midterm positioning."}, {"start": "00:23:48", "end": "00:23:52", "text": "A defense authorization bill competing"}, {"start": "00:23:50", "end": "00:23:55", "text": "for floor time. I mean, they need new"}, {"start": "00:23:52", "end": "00:23:57", "text": "bombs for Iran, right? And only about a"}, {"start": "00:23:55", "end": "00:23:58", "text": "3-week window in September to work with."}, {"start": "00:23:57", "end": "00:24:00", "text": "It's very, very tight. One prominent"}, {"start": "00:23:58", "end": "00:24:02", "text": "crypto research desk has this bill's"}, {"start": "00:24:00", "end": "00:24:04", "text": "odds at just 10% while the ethics"}, {"start": "00:24:02", "end": "00:24:07", "text": "standoff has been frozen. A rewritten"}, {"start": "00:24:04", "end": "00:24:09", "text": "draft over uh one weekend doesn't"}, {"start": "00:24:07", "end": "00:24:11", "text": "automatically conjure 60 names on a whip"}, {"start": "00:24:09", "end": "00:24:13", "text": "count. So if the cloer fails, the"}, {"start": "00:24:11", "end": "00:24:16", "text": "altcoin bid that just got built on this"}, {"start": "00:24:13", "end": "00:24:17", "text": "news becomes of course exqui."}, {"start": "00:24:16", "end": "00:24:19", "text": "There's also a sequencing problem"}, {"start": "00:24:17", "end": "00:24:22", "text": "contrarians like to point out. Cloer"}, {"start": "00:24:19", "end": "00:24:24", "text": "isn't passage. Passent isn't a crypto"}, {"start": "00:24:22", "end": "00:24:26", "text": "winter is over. Even a yes on Tuesday"}, {"start": "00:24:24", "end": "00:24:27", "text": "only unlocks debate and debate means"}, {"start": "00:24:26", "end": "00:24:29", "text": "amendments. stable coin yield"}, {"start": "00:24:27", "end": "00:24:32", "text": "restrictions, community bank circuit"}, {"start": "00:24:29", "end": "00:24:35", "text": "breakers, additional finance provisions,"}, {"start": "00:24:32", "end": "00:24:37", "text": "more ethics [�__�] any of which could"}, {"start": "00:24:35", "end": "00:24:38", "text": "still kill the bill or gut the parts"}, {"start": "00:24:37", "end": "00:24:41", "text": "that actually matter most to the wider"}, {"start": "00:24:38", "end": "00:24:42", "text": "cryptocurrency market."}, {"start": "00:24:41", "end": "00:24:44", "text": "And there's a case, of course, Bitcoin"}, {"start": "00:24:42", "end": "00:24:45", "text": "could actually outperform in the mess,"}, {"start": "00:24:44", "end": "00:24:46", "text": "which is interesting, too, if you're a"}, {"start": "00:24:45", "end": "00:24:47", "text": "Bitcoin holder. I know some of you guys"}, {"start": "00:24:46", "end": "00:24:50", "text": "are going to hold bitcoins and we're all"}, {"start": "00:24:47", "end": "00:24:53", "text": "on altcoins. Come back. Come back to the"}, {"start": "00:24:50", "end": "00:24:54", "text": "orange coin. So, if closure fails,"}, {"start": "00:24:53", "end": "00:24:56", "text": "capital that needed this statute for"}, {"start": "00:24:54", "end": "00:24:58", "text": "altcoins really has nowhere to go but"}, {"start": "00:24:56", "end": "00:25:00", "text": "back into Bitcoin. If the bill passes in"}, {"start": "00:24:58", "end": "00:25:02", "text": "a watered down bank friendly form, DeFi"}, {"start": "00:25:00", "end": "00:25:04", "text": "and yieldbearing tokens could maybe not"}, {"start": "00:25:02", "end": "00:25:06", "text": "get the kind of action that you'd hope"}, {"start": "00:25:04", "end": "00:25:08", "text": "them to. Well, Bitcoin just continues to"}, {"start": "00:25:06", "end": "00:25:10", "text": "ride on that US regulatory legitimacy"}, {"start": "00:25:08", "end": "00:25:13", "text": "headlines regardless of any of the"}, {"start": "00:25:10", "end": "00:25:15", "text": "details that come out beyond that."}, {"start": "00:25:13", "end": "00:25:18", "text": "Now, you can still go further here. You"}, {"start": "00:25:15", "end": "00:25:20", "text": "can call the ethics concessions just"}, {"start": "00:25:18", "end": "00:25:22", "text": "bull. It's just it kabuki theater,"}, {"start": "00:25:20", "end": "00:25:24", "text": "right? It's all [�__�] None of it"}, {"start": "00:25:22", "end": "00:25:29", "text": "matters. Blind trust, state ag"}, {"start": "00:25:24", "end": "00:25:29", "text": "enforcement sounds tough on paper."}, {"start": "00:25:29", "end": "00:25:33", "text": "But maybe it's just [�__�] How's it"}, {"start": "00:25:32", "end": "00:25:35", "text": "actually all going to be implemented?"}, {"start": "00:25:33", "end": "00:25:39", "text": "Will this stuff get litigated for years?"}, {"start": "00:25:35", "end": "00:25:40", "text": "Who knows? You know, and the Democrats,"}, {"start": "00:25:39", "end": "00:25:43", "text": "they still haven't really produced a"}, {"start": "00:25:40", "end": "00:25:45", "text": "single public yes vote. So, there's that"}, {"start": "00:25:43", "end": "00:25:48", "text": "problem, too. And there's a slower"}, {"start": "00:25:45", "end": "00:25:49", "text": "moving argument underneath all of this."}, {"start": "00:25:48", "end": "00:25:51", "text": "And that is the simple fact that"}, {"start": "00:25:49", "end": "00:25:53", "text": "regulators have already been writing"}, {"start": "00:25:51", "end": "00:25:56", "text": "softer rules on their own. The CFTC and"}, {"start": "00:25:53", "end": "00:25:57", "text": "the SEC"}, {"start": "00:25:56", "end": "00:25:58", "text": "have even come out and said like, well,"}, {"start": "00:25:57", "end": "00:26:00", "text": "if this doesn't pass, we're going to"}, {"start": "00:25:58", "end": "00:26:02", "text": "take care of it anyway. We're going to"}, {"start": "00:26:00", "end": "00:26:04", "text": "regulate anyway. So even if the bill"}, {"start": "00:26:02", "end": "00:26:06", "text": "does die, it doesn't send crypto back to"}, {"start": "00:26:04", "end": "00:26:08", "text": "the aggressive enforcement area. It just"}, {"start": "00:26:06", "end": "00:26:09", "text": "delays the statute and delays the"}, {"start": "00:26:08", "end": "00:26:10", "text": "inevitable, which is that all this"}, {"start": "00:26:09", "end": "00:26:13", "text": "stuff's going to be properly regulated"}, {"start": "00:26:10", "end": "00:26:15", "text": "in the future anyway. So that's not uh a"}, {"start": "00:26:13", "end": "00:26:17", "text": "crisis"}, {"start": "00:26:15", "end": "00:26:21", "text": "really. It's just"}, {"start": "00:26:17", "end": "00:26:25", "text": "going to require a bit more patience."}, {"start": "00:26:21", "end": "00:26:28", "text": "Anyway, clarity, man."}, {"start": "00:26:25", "end": "00:26:30", "text": "Clarity. Gosh darn."}, {"start": "00:26:28", "end": "00:26:32", "text": "The one thing we have is zero clarity."}, {"start": "00:26:30", "end": "00:26:33", "text": "But when the clarity acts going to pass,"}, {"start": "00:26:32", "end": "00:26:35", "text": "how about that? How about that's what we"}, {"start": "00:26:33", "end": "00:26:41", "text": "got going on here."}, {"start": "00:26:35", "end": "00:26:44", "text": "Anyway, continuing guys. H"}, {"start": "00:26:41", "end": "00:26:46", "text": "clarity act. Let's go. Let's talk about"}, {"start": "00:26:44", "end": "00:26:48", "text": "actually hit a couple questions for you"}, {"start": "00:26:46", "end": "00:26:51", "text": "guys. Uh gentle alert, good content as"}, {"start": "00:26:48", "end": "00:26:53", "text": "always. Thank you. I appreciate you. XRP"}, {"start": "00:26:51", "end": "00:26:55", "text": "is going to be a title wave on the"}, {"start": "00:26:53", "end": "00:26:58", "text": "financial markets. Let's go. Just buy"}, {"start": "00:26:55", "end": "00:27:00", "text": "XRP."}, {"start": "00:26:58", "end": "00:27:04", "text": "Trump accepts Trump has accepted the e"}, {"start": "00:27:00", "end": "00:27:04", "text": "ethics provision. This is true."}, {"start": "00:27:07", "end": "00:27:11", "text": "What's the probability of Worsh coming"}, {"start": "00:27:09", "end": "00:27:13", "text": "out with his Dogecoin task force pumping"}, {"start": "00:27:11", "end": "00:27:17", "text": "our shitcoins? That would be fantastic."}, {"start": "00:27:13", "end": "00:27:17", "text": "Don't think it's going to happen."}, {"start": "00:27:17", "end": "00:27:22", "text": "Oh, good. Good morning. Let's go before"}, {"start": "00:27:20", "end": "00:27:26", "text": "the sunrise."}, {"start": "00:27:22", "end": "00:27:27", "text": "Where are you at? You must be east coast"}, {"start": "00:27:26", "end": "00:27:30", "text": "or just the next what is the central"}, {"start": "00:27:27", "end": "00:27:32", "text": "time zone? Somewhere over there. Good"}, {"start": "00:27:30", "end": "00:27:33", "text": "morning. Good morning. Good morning."}, {"start": "00:27:32", "end": "00:27:36", "text": "Good morning. Okay, let's talk about"}, {"start": "00:27:33", "end": "00:27:39", "text": "Ethereum real quick, guys, because ETH,"}, {"start": "00:27:36", "end": "00:27:41", "text": "this chart is absolutely effing nuts. I"}, {"start": "00:27:39", "end": "00:27:43", "text": "mean, look at this bad boy. We have been"}, {"start": "00:27:41", "end": "00:27:45", "text": "trading in an insanely tight range and"}, {"start": "00:27:43", "end": "00:27:48", "text": "the MACD has been trending down but very"}, {"start": "00:27:45", "end": "00:27:52", "text": "slightly not kind of one of those"}, {"start": "00:27:48", "end": "00:27:55", "text": "dramatic dumps"}, {"start": "00:27:52", "end": "00:27:59", "text": "cruising smooth like meth and I mean you"}, {"start": "00:27:55", "end": "00:28:02", "text": "know smooth anyway. So the orange box"}, {"start": "00:27:59", "end": "00:28:03", "text": "becomes the thing to watch when we get"}, {"start": "00:28:02", "end": "00:28:06", "text": "above that orange box which of course is"}, {"start": "00:28:03", "end": "00:28:08", "text": "where my trade uh where my trade got"}, {"start": "00:28:06", "end": "00:28:10", "text": "opened up at at 2550."}, {"start": "00:28:08", "end": "00:28:12", "text": "We had this nice little pump the other"}, {"start": "00:28:10", "end": "00:28:14", "text": "day here. I was like, \"Oh, great. My"}, {"start": "00:28:12", "end": "00:28:17", "text": "trade's open.\" And now we're just"}, {"start": "00:28:14", "end": "00:28:20", "text": "sitting back down here once again in no"}, {"start": "00:28:17", "end": "00:28:23", "text": "man's land. Anyway,"}, {"start": "00:28:20", "end": "00:28:24", "text": "$2,500 currently. The big move is when"}, {"start": "00:28:23", "end": "00:28:26", "text": "we get a daily candle close, which is"}, {"start": "00:28:24", "end": "00:28:27", "text": "why you cannot count these wicks, man."}, {"start": "00:28:26", "end": "00:28:31", "text": "These wicks like this great wick to the"}, {"start": "00:28:27", "end": "00:28:32", "text": "upside. 2650 almost 2,700 bucks. Great"}, {"start": "00:28:31", "end": "00:28:34", "text": "wick to the upside. Shows you how fast"}, {"start": "00:28:32", "end": "00:28:37", "text": "things are going to move when they move."}, {"start": "00:28:34", "end": "00:28:40", "text": "Big volume day as well. Couldn't stick"}, {"start": "00:28:37", "end": "00:28:43", "text": "the landing."}, {"start": "00:28:40", "end": "00:28:45", "text": "Right. Hot off the mark. Couldn't stick"}, {"start": "00:28:43", "end": "00:28:48", "text": "the landing. That's the problem. Big fat"}, {"start": "00:28:45", "end": "00:28:51", "text": "wick back down. Closed once again under"}, {"start": "00:28:48", "end": "00:28:55", "text": "that key area. Can't believe it, man."}, {"start": "00:28:51", "end": "00:28:55", "text": "Can't believe it's crazy [�__�]"}, {"start": "00:28:57", "end": "00:28:59", "text": "Let's see if I can stop it. I think my"}, {"start": "00:28:58", "end": "00:29:03", "text": "stop loss, by the way, is at 2,400"}, {"start": "00:28:59", "end": "00:29:07", "text": "bucks, which is just below the uh 20day"}, {"start": "00:29:03", "end": "00:29:08", "text": "EMA here."}, {"start": "00:29:07", "end": "00:29:10", "text": "We're going to see how that goes."}, {"start": "00:29:08", "end": "00:29:11", "text": "Anyway, we did, man, you know, I don't"}, {"start": "00:29:10", "end": "00:29:13", "text": "know what the hell I was thinking. I"}, {"start": "00:29:11", "end": "00:29:14", "text": "should have put another uh I should have"}, {"start": "00:29:13", "end": "00:29:15", "text": "put a buy order in here, too, at the"}, {"start": "00:29:14", "end": "00:29:17", "text": "20-day EMA because that would have been"}, {"start": "00:29:15", "end": "00:29:19", "text": "a hot trade to catch right here. I'm"}, {"start": "00:29:17", "end": "00:29:21", "text": "only trying to catch the breakout, but I"}, {"start": "00:29:19", "end": "00:29:23", "text": "missed I put that breakout trade in so"}, {"start": "00:29:21", "end": "00:29:25", "text": "far back here that I haven't monitor it"}, {"start": "00:29:23", "end": "00:29:28", "text": "closely, and now I missed the 20-day EMA"}, {"start": "00:29:25", "end": "00:29:30", "text": "retest. Anyway, continuing pawns, let's"}, {"start": "00:29:28", "end": "00:29:32", "text": "effing go. Even though pawns has pulled"}, {"start": "00:29:30", "end": "00:29:35", "text": "back 50% or something from its recent"}, {"start": "00:29:32", "end": "00:29:37", "text": "highs, still up pretty dramatically."}, {"start": "00:29:35", "end": "00:29:39", "text": "Still up 10x plus on this. 12x, 13x,"}, {"start": "00:29:37", "end": "00:29:41", "text": "whatever. What's interesting is that"}, {"start": "00:29:39", "end": "00:29:43", "text": "pawns is now Cumberland's biggest"}, {"start": "00:29:41", "end": "00:29:44", "text": "position. $8 million in a single wallet."}, {"start": "00:29:43", "end": "00:29:46", "text": "They increased their position by $ 1.5"}, {"start": "00:29:44", "end": "00:29:48", "text": "million today. I think it's definitely"}, {"start": "00:29:46", "end": "00:29:50", "text": "something going on behind closed doors."}, {"start": "00:29:48", "end": "00:29:51", "text": "Ponds to a billion. Please, let's effing"}, {"start": "00:29:50", "end": "00:29:55", "text": "go. It's interesting. We're seeing some"}, {"start": "00:29:51", "end": "00:29:58", "text": "big accumulation now for these tokens."}, {"start": "00:29:55", "end": "00:30:00", "text": "Pawns is getting some serious attention"}, {"start": "00:29:58", "end": "00:30:03", "text": "currently."}, {"start": "00:30:00", "end": "00:30:06", "text": "Pondoshi Stonamoto says top five"}, {"start": "00:30:03", "end": "00:30:09", "text": "buybacks by holder revenue relative to"}, {"start": "00:30:06", "end": "00:30:15", "text": "market cap over the last 24 hours. Stock"}, {"start": "00:30:09", "end": "00:30:20", "text": "0.18% pawn 0.16 pump 0.03%"}, {"start": "00:30:15", "end": "00:30:22", "text": "uni under 0 okay 0.009%"}, {"start": "00:30:20", "end": "00:30:24", "text": "hype 0.006%."}, {"start": "00:30:22", "end": "00:30:25", "text": "This doesn't even count for the fact"}, {"start": "00:30:24", "end": "00:30:27", "text": "that pump also has a huge amount of"}, {"start": "00:30:25", "end": "00:30:31", "text": "tokens unlocks only 50% circulating"}, {"start": "00:30:27", "end": "00:30:31", "text": "versus 100% of stocks stalks and ponds."}, {"start": "00:30:33", "end": "00:30:37", "text": "Ah, coffee is awesome."}, {"start": "00:30:38", "end": "00:30:42", "text": "Did you dabble into Robin Hood chain? We"}, {"start": "00:30:41", "end": "00:30:45", "text": "we have indeed. We've been talking a lot"}, {"start": "00:30:42", "end": "00:30:46", "text": "about Robin Hood coins. Prateique, nice"}, {"start": "00:30:45", "end": "00:30:47", "text": "to see him, man. We've been talking a"}, {"start": "00:30:46", "end": "00:30:50", "text": "lot about Robin Hood coins. We're going"}, {"start": "00:30:47", "end": "00:30:52", "text": "to talk about a few uh well actually we"}, {"start": "00:30:50", "end": "00:30:53", "text": "got two Robin Hoods ponds and wallet"}, {"start": "00:30:52", "end": "00:30:55", "text": "we're talking about today. We've been"}, {"start": "00:30:53", "end": "00:30:56", "text": "talking a lot about Robin Hood coins. Um"}, {"start": "00:30:55", "end": "00:30:58", "text": "you know my cash cap bet hasn't worked"}, {"start": "00:30:56", "end": "00:31:00", "text": "out fantastically. I think I'm up about"}, {"start": "00:30:58", "end": "00:31:01", "text": "50% on it currently. I'm even thinking"}, {"start": "00:31:00", "end": "00:31:04", "text": "you know I don't know maybe just cut the"}, {"start": "00:31:01", "end": "00:31:06", "text": "cat cash cap bag and dump the money you"}, {"start": "00:31:04", "end": "00:31:07", "text": "know into ponds or something like that."}, {"start": "00:31:06", "end": "00:31:09", "text": "Double down on that. Well it's kind of"}, {"start": "00:31:07", "end": "00:31:13", "text": "been a decent pullback."}, {"start": "00:31:09", "end": "00:31:14", "text": "We'll see. We'll see. Anyway, definitely"}, {"start": "00:31:13", "end": "00:31:17", "text": "been a lot of money being made there. We"}, {"start": "00:31:14", "end": "00:31:18", "text": "just issued out a report today in the uh"}, {"start": "00:31:17", "end": "00:31:20", "text": "the inner circle which of course 7-day"}, {"start": "00:31:18", "end": "00:31:22", "text": "free trial link down below if you're not"}, {"start": "00:31:20", "end": "00:31:23", "text": "in the inner circle yet. You come on"}, {"start": "00:31:22", "end": "00:31:25", "text": "check it out. 7-day free trial. You'll"}, {"start": "00:31:23", "end": "00:31:27", "text": "love it. You have all of AI tools and"}, {"start": "00:31:25", "end": "00:31:29", "text": "all the rest of it. But anyway, we got"}, {"start": "00:31:27", "end": "00:31:31", "text": "got a report out uh talking about well"}, {"start": "00:31:29", "end": "00:31:33", "text": "what are the sort of hot pick and shovel"}, {"start": "00:31:31", "end": "00:31:35", "text": "plays on the Robin Hood chain to keep an"}, {"start": "00:31:33", "end": "00:31:37", "text": "eye out for. So I don't know how many"}, {"start": "00:31:35", "end": "00:31:39", "text": "coins I have psychologically room for in"}, {"start": "00:31:37", "end": "00:31:40", "text": "my brain right now. What I don't want to"}, {"start": "00:31:39", "end": "00:31:43", "text": "do is go down the path where I'm buying"}, {"start": "00:31:40", "end": "00:31:46", "text": "30, 40 coins in my portfolio and just"}, {"start": "00:31:43", "end": "00:31:47", "text": "have too much stuff, right? I've been on"}, {"start": "00:31:46", "end": "00:31:49", "text": "a little bit of experimenting around the"}, {"start": "00:31:47", "end": "00:31:51", "text": "size mostly."}, {"start": "00:31:49", "end": "00:31:54", "text": "I'm all about owning some ston, owning"}, {"start": "00:31:51", "end": "00:31:56", "text": "some pawns, keep my wallet bag. I did"}, {"start": "00:31:54", "end": "00:31:58", "text": "cut my Pangu bag recently and I might"}, {"start": "00:31:56", "end": "00:32:00", "text": "even cut my virtual bag just because"}, {"start": "00:31:58", "end": "00:32:01", "text": "it's kind of lacking the narrative right"}, {"start": "00:32:00", "end": "00:32:02", "text": "now. I know it's not going to sell, it's"}, {"start": "00:32:01", "end": "00:32:04", "text": "going to pump like 100% and some will"}, {"start": "00:32:02", "end": "00:32:05", "text": "come out with some kind of I don't know"}, {"start": "00:32:04", "end": "00:32:07", "text": "crazy thing that makes us go to the"}, {"start": "00:32:05", "end": "00:32:09", "text": "moon. But um you know, you see where the"}, {"start": "00:32:07", "end": "00:32:11", "text": "money is going right now. It's not going"}, {"start": "00:32:09", "end": "00:32:13", "text": "into virtual per currently. Anyway,"}, {"start": "00:32:11", "end": "00:32:14", "text": "pawns looks like this. Oh, it actually"}, {"start": "00:32:13", "end": "00:32:16", "text": "even pulled back a bit more this"}, {"start": "00:32:14", "end": "00:32:18", "text": "morning. Down almost 50%. Still in the"}, {"start": "00:32:16", "end": "00:32:19", "text": "downtrend. Just going to throw that out"}, {"start": "00:32:18", "end": "00:32:21", "text": "there. Still in the downtrend. See this"}, {"start": "00:32:19", "end": "00:32:23", "text": "orange line right here? That means it is"}, {"start": "00:32:21", "end": "00:32:25", "text": "still in the downtrend. It's a daily"}, {"start": "00:32:23", "end": "00:32:28", "text": "chart. Throw it on the 4 hour. Such a"}, {"start": "00:32:25", "end": "00:32:30", "text": "such a new coin. Really got to look at"}, {"start": "00:32:28", "end": "00:32:33", "text": "it on these uh shorter term uh charts"}, {"start": "00:32:30", "end": "00:32:33", "text": "here."}, {"start": "00:32:35", "end": "00:32:40", "text": "Oh, I mean that wick though. Come on. I"}, {"start": "00:32:37", "end": "00:32:42", "text": "mean I don't even like don't even like"}, {"start": "00:32:40", "end": "00:32:44", "text": "measuring it from that wick. That just"}, {"start": "00:32:42", "end": "00:32:45", "text": "messes that you you're messing up."}, {"start": "00:32:44", "end": "00:32:46", "text": "You're messing up my line, man. I'm"}, {"start": "00:32:45", "end": "00:32:49", "text": "going put you back on the daily. Look"}, {"start": "00:32:46", "end": "00:32:51", "text": "better. There we go. That's better. All"}, {"start": "00:32:49", "end": "00:32:52", "text": "right. Get get out of there, silly line."}, {"start": "00:32:51", "end": "00:32:55", "text": "Uh anyway, still in the downtrend"}, {"start": "00:32:52", "end": "00:32:58", "text": "currently came back down to well a very"}, {"start": "00:32:55", "end": "00:33:00", "text": "important area of previous price uh with"}, {"start": "00:32:58", "end": "00:33:01", "text": "hard to say with so little history on it"}, {"start": "00:33:00", "end": "00:33:03", "text": "but you can see at least there was sub"}, {"start": "00:33:01", "end": "00:33:04", "text": "temporary consolidation in this area"}, {"start": "00:33:03", "end": "00:33:06", "text": "which kind of come back down too. I"}, {"start": "00:33:04", "end": "00:33:07", "text": "could still see it come back down but"}, {"start": "00:33:06", "end": "00:33:09", "text": "farther especially if we get any sort of"}, {"start": "00:33:07", "end": "00:33:13", "text": "more turbulence this week from you know"}, {"start": "00:33:09", "end": "00:33:16", "text": "big headline stuff but uh overall"}, {"start": "00:33:13", "end": "00:33:17", "text": "decent pullback."}, {"start": "00:33:16", "end": "00:33:20", "text": "Yeah. Well, maybe I'll buy a little more"}, {"start": "00:33:17", "end": "00:33:21", "text": "later. Don't know. We'll see."}, {"start": "00:33:20", "end": "00:33:23", "text": "bought a whole bunch of 25 million."}, {"start": "00:33:21", "end": "00:33:26", "text": "Gosh, it seems like seems like a long"}, {"start": "00:33:23", "end": "00:33:28", "text": "time ago back around here. 25 million."}, {"start": "00:33:26", "end": "00:33:30", "text": "It dipped some more. I was like, ah,"}, {"start": "00:33:28", "end": "00:33:34", "text": "crap. Anyway, sail, what are you going"}, {"start": "00:33:30", "end": "00:33:36", "text": "to do now? We're up 10x plus on it, so"}, {"start": "00:33:34", "end": "00:33:38", "text": "that's fine."}, {"start": "00:33:36", "end": "00:33:40", "text": "Loi says, I want you to take a moment to"}, {"start": "00:33:38", "end": "00:33:42", "text": "think about this real quick. Stonk has"}, {"start": "00:33:40", "end": "00:33:44", "text": "burnt 15% of its supply. 15% gone"}, {"start": "00:33:42", "end": "00:33:46", "text": "already. The tokens at a $220 million"}, {"start": "00:33:44", "end": "00:33:48", "text": "market cap with $100 million runner,"}, {"start": "00:33:46", "end": "00:33:49", "text": "multiple $10 million runners, and 25"}, {"start": "00:33:48", "end": "00:33:51", "text": "plus million dollar runners. Yeah, let's"}, {"start": "00:33:49", "end": "00:33:54", "text": "send this finally higher."}, {"start": "00:33:51", "end": "00:33:56", "text": "Good. It's pulling back. Pull back right"}, {"start": "00:33:54", "end": "00:33:59", "text": "here, boy. Come on. Come on. Come on,"}, {"start": "00:33:56", "end": "00:34:01", "text": "buddy. Let's go. 120 130 million. Daddy"}, {"start": "00:33:59", "end": "00:34:02", "text": "needs to buy some more. Look, there's a"}, {"start": "00:34:01", "end": "00:34:03", "text": "lot of launchpads launching, right? I"}, {"start": "00:34:02", "end": "00:34:05", "text": "just want to put this out there. Stunk,"}, {"start": "00:34:03", "end": "00:34:07", "text": "you know, I I bought some more today"}, {"start": "00:34:05", "end": "00:34:09", "text": "around hereish. If we go back here, I'll"}, {"start": "00:34:07", "end": "00:34:11", "text": "probably buy some more, too. It's broken"}, {"start": "00:34:09", "end": "00:34:12", "text": "its major uptrend line here, and I"}, {"start": "00:34:11", "end": "00:34:14", "text": "actually redrew the line. So if you"}, {"start": "00:34:12", "end": "00:34:16", "text": "consider this as the major uptrend line"}, {"start": "00:34:14", "end": "00:34:19", "text": "but actually I had it drawn like this"}, {"start": "00:34:16", "end": "00:34:21", "text": "approximately previously sort of better"}, {"start": "00:34:19", "end": "00:34:23", "text": "um amount of touches but however you"}, {"start": "00:34:21", "end": "00:34:25", "text": "want to draw that it's broken we have"}, {"start": "00:34:23", "end": "00:34:28", "text": "broken the uptrend on the 4hour chart"}, {"start": "00:34:25", "end": "00:34:30", "text": "here which usually when these kind of"}, {"start": "00:34:28", "end": "00:34:34", "text": "uptrends break we have decent enough"}, {"start": "00:34:30", "end": "00:34:36", "text": "corrections uh 50% pullback from $300"}, {"start": "00:34:34", "end": "00:34:38", "text": "million while we're about there right"}, {"start": "00:34:36", "end": "00:34:40", "text": "now seeing it pull back 60 to 70% down"}, {"start": "00:34:38", "end": "00:34:43", "text": "to this 120 million range would not be"}, {"start": "00:34:40", "end": "00:34:45", "text": "crazy these things depend on revenue and"}, {"start": "00:34:43", "end": "00:34:47", "text": "attention. So"}, {"start": "00:34:45", "end": "00:34:49", "text": "revenue remains high. If it's doing a"}, {"start": "00:34:47", "end": "00:34:50", "text": "million dollars a day in revenue, it's"}, {"start": "00:34:49", "end": "00:34:53", "text": "going to be really solid. It's I mean,"}, {"start": "00:34:50", "end": "00:34:55", "text": "it's at a $160 million market cap right"}, {"start": "00:34:53", "end": "00:34:57", "text": "now. A $und00 million a day in revenue"}, {"start": "00:34:55", "end": "00:35:00", "text": "is just an insane amount of buybacks"}, {"start": "00:34:57", "end": "00:35:03", "text": "every single day. That puts insane bid"}, {"start": "00:35:00", "end": "00:35:05", "text": "in the charts every single day. That"}, {"start": "00:35:03", "end": "00:35:07", "text": "that adds up. That's important. Okay, so"}, {"start": "00:35:05", "end": "00:35:08", "text": "that's that's one thing to keep an eye"}, {"start": "00:35:07", "end": "00:35:10", "text": "out, I think, with this stuff. But also,"}, {"start": "00:35:08", "end": "00:35:14", "text": "like we have a lot of these coming. Um,"}, {"start": "00:35:10", "end": "00:35:15", "text": "so will Stok be the winner that captures"}, {"start": "00:35:14", "end": "00:35:17", "text": "significant market share on Salana or"}, {"start": "00:35:15", "end": "00:35:18", "text": "one of the upcomers that isn't even on"}, {"start": "00:35:17", "end": "00:35:20", "text": "the market yet or has only recently"}, {"start": "00:35:18", "end": "00:35:21", "text": "launched the market come in and eat up"}, {"start": "00:35:20", "end": "00:35:23", "text": "its lunch? That's the risk you take by"}, {"start": "00:35:21", "end": "00:35:24", "text": "buying Stonk or Ponds is that they're"}, {"start": "00:35:23", "end": "00:35:26", "text": "new and even though they got a lot of"}, {"start": "00:35:24", "end": "00:35:27", "text": "attention and a lot of market share"}, {"start": "00:35:26", "end": "00:35:29", "text": "right now, it doesn't mean that they'll"}, {"start": "00:35:27", "end": "00:35:30", "text": "continue to have that, you know, six"}, {"start": "00:35:29", "end": "00:35:32", "text": "months or a year into the future. And"}, {"start": "00:35:30", "end": "00:35:34", "text": "that's the risk you take as an investor"}, {"start": "00:35:32", "end": "00:35:37", "text": "trying to, you know, speculate on this"}, {"start": "00:35:34", "end": "00:35:37", "text": "stuff, right?"}, {"start": "00:35:38", "end": "00:35:45", "text": "Continue. I did buy"}, {"start": "00:35:41", "end": "00:35:45", "text": "I did post this the other day"}, {"start": "00:35:46", "end": "00:35:53", "text": "uh that I bought some buy the cat coin."}, {"start": "00:35:49", "end": "00:35:56", "text": "Well, I'm currently down about 50%."}, {"start": "00:35:53", "end": "00:35:58", "text": "Maybe 55%."}, {"start": "00:35:56", "end": "00:35:59", "text": "It's fine. It's great. I love it. Well,"}, {"start": "00:35:58", "end": "00:36:01", "text": "you know, this is the thing. When I when"}, {"start": "00:35:59", "end": "00:36:04", "text": "I I told someone bought this the other"}, {"start": "00:36:01", "end": "00:36:06", "text": "day that I'm not sizing this massively."}, {"start": "00:36:04", "end": "00:36:07", "text": "not trying to come into this and, you"}, {"start": "00:36:06", "end": "00:36:09", "text": "know, put like some serious money on the"}, {"start": "00:36:07", "end": "00:36:11", "text": "table for buy the catcoin, right? But I"}, {"start": "00:36:09", "end": "00:36:12", "text": "I like experimenting new stuff. So, I"}, {"start": "00:36:11", "end": "00:36:14", "text": "did throw a little bit of cash in here"}, {"start": "00:36:12", "end": "00:36:17", "text": "and I've made some wrap Bitcoin in my"}, {"start": "00:36:14", "end": "00:36:18", "text": "wallet. That's nice. But, don't know"}, {"start": "00:36:17", "end": "00:36:20", "text": "don't know if I'm going to double down"}, {"start": "00:36:18", "end": "00:36:22", "text": "on this or just ride the train on what I"}, {"start": "00:36:20", "end": "00:36:24", "text": "got here. Same on Levered Cat. I also"}, {"start": "00:36:22", "end": "00:36:27", "text": "bought this one. Also down 50% in the"}, {"start": "00:36:24", "end": "00:36:30", "text": "last few days. Good times. Great tech."}, {"start": "00:36:27", "end": "00:36:31", "text": "Love it."}, {"start": "00:36:30", "end": "00:36:33", "text": "Anyway, I'm going to hold on to these. I"}, {"start": "00:36:31", "end": "00:36:34", "text": "think it's okay to hold on to these"}, {"start": "00:36:33", "end": "00:36:36", "text": "currently, but I mean, look at the"}, {"start": "00:36:34", "end": "00:36:38", "text": "volume. Just drop off in this $310,000."}, {"start": "00:36:36", "end": "00:36:40", "text": "These things live and breathe on volume."}, {"start": "00:36:38", "end": "00:36:42", "text": "So, you know, maybe I just lose all my"}, {"start": "00:36:40", "end": "00:36:43", "text": "money on Lever Cat and buy the cat. This"}, {"start": "00:36:42", "end": "00:36:46", "text": "is what I get for gambling on cat coins"}, {"start": "00:36:43", "end": "00:36:48", "text": "after talking [�__�] on cats for most of"}, {"start": "00:36:46", "end": "00:36:50", "text": "my life, to be honest. Cats, they're"}, {"start": "00:36:48", "end": "00:36:52", "text": "stinky. Okay. I mean, ever smell a cat?"}, {"start": "00:36:50", "end": "00:36:53", "text": "I know. Well, oh, but they bathe"}, {"start": "00:36:52", "end": "00:36:55", "text": "themselves with their tongue. Yeah,"}, {"start": "00:36:53", "end": "00:37:00", "text": "that's the point. Yuck. Anyway, besides"}, {"start": "00:36:55", "end": "00:37:01", "text": "the cats. Besides the point,"}, {"start": "00:37:00", "end": "00:37:04", "text": "let's talk about a coin that's made a"}, {"start": "00:37:01", "end": "00:37:04", "text": "lot of money. This is nuts. Now, you"}, {"start": "00:37:04", "end": "00:37:06", "text": "guys know we've been talking about"}, {"start": "00:37:04", "end": "00:37:08", "text": "wallet here for a while. And even though"}, {"start": "00:37:06", "end": "00:37:10", "text": "I haven't been, you know, like climbing"}, {"start": "00:37:08", "end": "00:37:11", "text": "to the mountain tops being like, I got"}, {"start": "00:37:10", "end": "00:37:13", "text": "to go buy this coin. I told you guys I"}, {"start": "00:37:11", "end": "00:37:15", "text": "bought this coin at a $5 million market"}, {"start": "00:37:13", "end": "00:37:16", "text": "cap. Told you guys we bought that. We"}, {"start": "00:37:15", "end": "00:37:18", "text": "talked about it in the circuit, but also"}, {"start": "00:37:16", "end": "00:37:20", "text": "told you about it here on YouTube when I"}, {"start": "00:37:18", "end": "00:37:23", "text": "bought that coin. I've talked about a"}, {"start": "00:37:20", "end": "00:37:26", "text": "few times since. And you know, it's the"}, {"start": "00:37:23", "end": "00:37:29", "text": "story is so deep. You know, there's so"}, {"start": "00:37:26", "end": "00:37:31", "text": "many breadcrumbs to find and so many"}, {"start": "00:37:29", "end": "00:37:33", "text": "connections. Like, the story is nuts."}, {"start": "00:37:31", "end": "00:37:35", "text": "It's either"}, {"start": "00:37:33", "end": "00:37:37", "text": "it's either the craziest stealth launch"}, {"start": "00:37:35", "end": "00:37:40", "text": "in crypto history and it's going to make"}, {"start": "00:37:37", "end": "00:37:43", "text": "millions upon millions of dollars for me"}, {"start": "00:37:40", "end": "00:37:46", "text": "or this is the biggest series of crazy"}, {"start": "00:37:43", "end": "00:37:49", "text": "coincidences ever"}, {"start": "00:37:46", "end": "00:37:51", "text": "around a random coin."}, {"start": "00:37:49", "end": "00:37:53", "text": "One or the other. Zero or billions."}, {"start": "00:37:51", "end": "00:37:55", "text": "Literally, that's like that's the"}, {"start": "00:37:53", "end": "00:37:57", "text": "equation. It's either going to zero or"}, {"start": "00:37:55", "end": "00:37:59", "text": "it's going to billions. And I put enough"}, {"start": "00:37:57", "end": "00:38:02", "text": "money in it that if it goes to zero, I'm"}, {"start": "00:37:59", "end": "00:38:04", "text": "fine. If it goes to billions, holy [�__�]"}, {"start": "00:38:02", "end": "00:38:06", "text": "Basically,"}, {"start": "00:38:04", "end": "00:38:08", "text": "I mean, that'd be fantastic."}, {"start": "00:38:06", "end": "00:38:11", "text": "Wallet rabbit hole just got wilder"}, {"start": "00:38:08", "end": "00:38:15", "text": "posted uh this guy here. He said back in"}, {"start": "00:38:11", "end": "00:38:18", "text": "June 2025, former Crossman BDGTM"}, {"start": "00:38:15", "end": "00:38:20", "text": "employee Alex Akuna cryptically posted"}, {"start": "00:38:18", "end": "00:38:25", "text": "follow the white rabbit, follow the"}, {"start": "00:38:20", "end": "00:38:28", "text": "green frog 33. Alex Akuna. Aa 33. A A33."}, {"start": "00:38:25", "end": "00:38:30", "text": "The wallet deployer."}, {"start": "00:38:28", "end": "00:38:32", "text": "A A33."}, {"start": "00:38:30", "end": "00:38:34", "text": "Cross Mint was backed by Ribbit Capital,"}, {"start": "00:38:32", "end": "00:38:38", "text": "a longtime Robin Hood investor and later"}, {"start": "00:38:34", "end": "00:38:41", "text": "became a Robin Hood wallet"}, {"start": "00:38:38", "end": "00:38:43", "text": "infrastructure partner and AA33 already"}, {"start": "00:38:41", "end": "00:38:46", "text": "has multiple pre-public Robin Hood"}, {"start": "00:38:43", "end": "00:38:46", "text": "linked breadcrumbs."}, {"start": "00:38:48", "end": "00:38:52", "text": "I said, man,"}, {"start": "00:38:52", "end": "00:39:00", "text": "like I said, either this is"}, {"start": "00:38:56", "end": "00:39:03", "text": "the most coincidences ever for a coin"}, {"start": "00:39:00", "end": "00:39:04", "text": "or literally this is like, you know, one"}, {"start": "00:39:03", "end": "00:39:06", "text": "of the most under the radar, even at $50"}, {"start": "00:39:04", "end": "00:39:08", "text": "million market cap right now. I mean,"}, {"start": "00:39:06", "end": "00:39:10", "text": "literally, we're sending dog [�__�] memes"}, {"start": "00:39:08", "end": "00:39:12", "text": "to $50 million. if this has any sort of"}, {"start": "00:39:10", "end": "00:39:15", "text": "like if this is going to be the BMBB"}, {"start": "00:39:12", "end": "00:39:17", "text": "equivalent of Robin Hood or you know the"}, {"start": "00:39:15", "end": "00:39:18", "text": "CRO equivalent of Robin Hood or"}, {"start": "00:39:17", "end": "00:39:21", "text": "something like that. I mean my goodness"}, {"start": "00:39:18", "end": "00:39:23", "text": "gracious guys"}, {"start": "00:39:21", "end": "00:39:25", "text": "the targets are not high enough uh"}, {"start": "00:39:23", "end": "00:39:29", "text": "currently at $61 million which means"}, {"start": "00:39:25", "end": "00:39:31", "text": "that right now we're up about"}, {"start": "00:39:29", "end": "00:39:33", "text": "12x or something on this but I am not"}, {"start": "00:39:31", "end": "00:39:35", "text": "selling this thing"}, {"start": "00:39:33", "end": "00:39:38", "text": "anywhere under a billion dollar market"}, {"start": "00:39:35", "end": "00:39:39", "text": "cap. We're getting a villa guys. We're"}, {"start": "00:39:38", "end": "00:39:40", "text": "getting a villa off this coin. Let's go."}, {"start": "00:39:39", "end": "00:39:43", "text": "Anyway, subscribe to the channel. Not"}, {"start": "00:39:40", "end": "00:39:46", "text": "subscribed yet. You do it. Hit it. Go."}, {"start": "00:39:43", "end": "00:39:47", "text": "Boom. It's free. It's actually free to"}, {"start": "00:39:46", "end": "00:39:48", "text": "subscribe. And I don't know if you guys"}, {"start": "00:39:47", "end": "00:39:50", "text": "know that. It's actually free to"}, {"start": "00:39:48", "end": "00:39:53", "text": "subscribe to the channel. That's"}, {"start": "00:39:50", "end": "00:39:53", "text": "awesome."}, {"start": "00:39:53", "end": "00:39:56", "text": "What happened? Pew pew poom. What is up,"}, {"start": "00:39:55", "end": "00:39:57", "text": "brother? How you going? Uh, what"}, {"start": "00:39:56", "end": "00:39:59", "text": "happened to memes in the space? I"}, {"start": "00:39:57", "end": "00:40:00", "text": "remember when 1 billion was nothing."}, {"start": "00:39:59", "end": "00:40:03", "text": "Well, what happened to memes in the"}, {"start": "00:40:00", "end": "00:40:05", "text": "space is that liquidity dried up. Retail"}, {"start": "00:40:03", "end": "00:40:07", "text": "has largely stopped participating, but"}, {"start": "00:40:05", "end": "00:40:08", "text": "things like the FOMO app are starting to"}, {"start": "00:40:07", "end": "00:40:10", "text": "bring people back on chain and we are"}, {"start": "00:40:08", "end": "00:40:12", "text": "getting runners that are now going to"}, {"start": "00:40:10", "end": "00:40:14", "text": "100 million plus. We're moving in the"}, {"start": "00:40:12", "end": "00:40:18", "text": "right direction. The reality is crypto"}, {"start": "00:40:14", "end": "00:40:20", "text": "is still not super hot right now, but"}, {"start": "00:40:18", "end": "00:40:22", "text": "the liquidity is out there. The money's"}, {"start": "00:40:20", "end": "00:40:23", "text": "out there. We will get billion-dollar"}, {"start": "00:40:22", "end": "00:40:25", "text": "runners again. I mean, those were crazy"}, {"start": "00:40:23", "end": "00:40:27", "text": "times, man. We sent that dead squirrel."}, {"start": "00:40:25", "end": "00:40:29", "text": "What was it? Peanut the dead squirrel"}, {"start": "00:40:27", "end": "00:40:33", "text": "that went to like $3 billion in like a"}, {"start": "00:40:29", "end": "00:40:33", "text": "day. I mean, come on."}, {"start": "00:40:36", "end": "00:40:40", "text": "Lark, sounds like you're turning into"}, {"start": "00:40:37", "end": "00:40:43", "text": "the new Jim Kramer. I don't know how to"}, {"start": "00:40:40", "end": "00:40:43", "text": "take that busted thong."}, {"start": "00:40:44", "end": "00:40:49", "text": "Lark, you are a pedestrian degenerate."}, {"start": "00:40:48", "end": "00:40:52", "text": "I don't know how to take that one"}, {"start": "00:40:49", "end": "00:40:53", "text": "either. I do like walking though. I"}, {"start": "00:40:52", "end": "00:40:57", "text": "guess we'll put that out there. There"}, {"start": "00:40:53", "end": "00:40:57", "text": "you go."}, {"start": "00:40:58", "end": "00:41:03", "text": "Uh"}, {"start": "00:40:59", "end": "00:41:06", "text": "yo ho a moving currently driving from"}, {"start": "00:41:03", "end": "00:41:08", "text": "Miami, Florida to Pennsylvania. Dude,"}, {"start": "00:41:06", "end": "00:41:10", "text": "let's go. That's a heck of that's a heck"}, {"start": "00:41:08", "end": "00:41:12", "text": "of a drive, man. It's a heck of a drive."}, {"start": "00:41:10", "end": "00:41:15", "text": "I've never done it as far as Miami,"}, {"start": "00:41:12", "end": "00:41:19", "text": "but I have gone from uh must been around"}, {"start": "00:41:15", "end": "00:41:21", "text": "like Clearwater or something. My grandma"}, {"start": "00:41:19", "end": "00:41:24", "text": "back in the day"}, {"start": "00:41:21", "end": "00:41:27", "text": "uh from Pittsburgh, Pennsylvania down to"}, {"start": "00:41:24", "end": "00:41:30", "text": "Florida and back. That's a long drive,"}, {"start": "00:41:27", "end": "00:41:32", "text": "man. It's a long Americans, you guys are"}, {"start": "00:41:30", "end": "00:41:35", "text": "nuts. Like, oh, let's let's just drive"}, {"start": "00:41:32", "end": "00:41:37", "text": "24 hours."}, {"start": "00:41:35", "end": "00:41:39", "text": "My brother does this all the time. He's"}, {"start": "00:41:37", "end": "00:41:40", "text": "always like, \"Oh, yeah. Oh, I just got"}, {"start": "00:41:39", "end": "00:41:42", "text": "drive down to Florida.\" Like, dude, you"}, {"start": "00:41:40", "end": "00:41:43", "text": "live in New York. Yeah, I'll just drive"}, {"start": "00:41:42", "end": "00:41:47", "text": "down to Florida. Be fine. You can take a"}, {"start": "00:41:43", "end": "00:41:47", "text": "plane. Nah, just drive down."}, {"start": "00:41:49", "end": "00:41:53", "text": "Anyway, enjoy the drive. It is a"}, {"start": "00:41:52", "end": "00:41:56", "text": "beautiful drive, especially when you get"}, {"start": "00:41:53", "end": "00:41:58", "text": "along the um what is it? the uh the blue"}, {"start": "00:41:56", "end": "00:42:00", "text": "is the Blue Ridge Expressway. Not quite."}, {"start": "00:41:58", "end": "00:42:03", "text": "Oh man, I remember driving one time with"}, {"start": "00:42:00", "end": "00:42:06", "text": "my um my aunt down through there. It was"}, {"start": "00:42:03", "end": "00:42:08", "text": "like autumn like man. Dude, dude, what a"}, {"start": "00:42:06", "end": "00:42:10", "text": "drive."}, {"start": "00:42:08", "end": "00:42:12", "text": "Seriously, all like all the that perfect"}, {"start": "00:42:10", "end": "00:42:14", "text": "time in autumn like all the trees were"}, {"start": "00:42:12", "end": "00:42:17", "text": "changing at the same time. It was nuts."}, {"start": "00:42:14", "end": "00:42:20", "text": "Anyway, enjoy uh not scoot boy. Enjoy"}, {"start": "00:42:17", "end": "00:42:23", "text": "your drive, brother."}, {"start": "00:42:20", "end": "00:42:23", "text": "Okay."}, {"start": "00:42:25", "end": "00:42:30", "text": "He is pumping his bags like he pumped"}, {"start": "00:42:27", "end": "00:42:32", "text": "Natics. Yeah. Look, I Here's the thing,"}, {"start": "00:42:30", "end": "00:42:34", "text": "man. You can It's always It's always uh"}, {"start": "00:42:32", "end": "00:42:38", "text": "controversial talking about literally"}, {"start": "00:42:34", "end": "00:42:39", "text": "anything, right? And you guys can always"}, {"start": "00:42:38", "end": "00:42:41", "text": "see what I'm invested in. I tell you the"}, {"start": "00:42:39", "end": "00:42:43", "text": "things that I'm invested in, tell you"}, {"start": "00:42:41", "end": "00:42:47", "text": "when I invest in them, tell you when I"}, {"start": "00:42:43", "end": "00:42:49", "text": "sell them. Uh look, not everything works"}, {"start": "00:42:47", "end": "00:42:50", "text": "out, dude. This is crypto investing."}, {"start": "00:42:49", "end": "00:42:52", "text": "This is crypto investing, right? If you"}, {"start": "00:42:50", "end": "00:42:54", "text": "come in sort of on the basis that you're"}, {"start": "00:42:52", "end": "00:42:55", "text": "going to get some kind of short bet"}, {"start": "00:42:54", "end": "00:42:57", "text": "that's going to go and you're going to"}, {"start": "00:42:55", "end": "00:42:58", "text": "it's going to stay up forever and you're"}, {"start": "00:42:57", "end": "00:43:00", "text": "never going to have to sell and like"}, {"start": "00:42:58", "end": "00:43:03", "text": "this is dude this is an attention game."}, {"start": "00:43:00", "end": "00:43:05", "text": "Things come and go very quickly. Things"}, {"start": "00:43:03", "end": "00:43:07", "text": "burn out very quickly. I frequently lose"}, {"start": "00:43:05", "end": "00:43:09", "text": "money on a lot of stuff. Okay. Me"}, {"start": "00:43:07", "end": "00:43:11", "text": "talking about things. Sometimes I talk"}, {"start": "00:43:09", "end": "00:43:12", "text": "about things I own. Sometimes I talk"}, {"start": "00:43:11", "end": "00:43:14", "text": "about things I don't own. When I do own"}, {"start": "00:43:12", "end": "00:43:16", "text": "it, I try to tell you guys, okay? Try to"}, {"start": "00:43:14", "end": "00:43:17", "text": "be transparent about things that I own."}, {"start": "00:43:16", "end": "00:43:20", "text": "It's why I tell you I own Wallet. I own"}, {"start": "00:43:17", "end": "00:43:22", "text": "pawns. I own Stonk. I own these things."}, {"start": "00:43:20", "end": "00:43:23", "text": "Here's why I own them, right? We also"}, {"start": "00:43:22", "end": "00:43:25", "text": "talk about other stuff, things that I"}, {"start": "00:43:23", "end": "00:43:27", "text": "may not own. Like I've got um we're"}, {"start": "00:43:25", "end": "00:43:28", "text": "gonna talk about radium and hype here in"}, {"start": "00:43:27", "end": "00:43:29", "text": "a few minutes. I don't own either of"}, {"start": "00:43:28", "end": "00:43:32", "text": "those right now. I might buy them at"}, {"start": "00:43:29", "end": "00:43:34", "text": "some point, but you know, I'm not trying"}, {"start": "00:43:32", "end": "00:43:35", "text": "to pump my bags and trying to give you"}, {"start": "00:43:34", "end": "00:43:37", "text": "guys information so that you can make"}, {"start": "00:43:35", "end": "00:43:40", "text": "smarter decisions as investors. Give you"}, {"start": "00:43:37", "end": "00:43:41", "text": "my opinions forever that's worth. That's"}, {"start": "00:43:40", "end": "00:43:43", "text": "the point. Okay? I'm not here to pump my"}, {"start": "00:43:41", "end": "00:43:48", "text": "bags. You should never buy anything"}, {"start": "00:43:43", "end": "00:43:52", "text": "because I talk about it. 100% not. Okay?"}, {"start": "00:43:48", "end": "00:43:54", "text": "you should buy something when you you go"}, {"start": "00:43:52", "end": "00:43:55", "text": "and do the research on it yourself, when"}, {"start": "00:43:54", "end": "00:43:57", "text": "you understand what the [�__�] it is"}, {"start": "00:43:55", "end": "00:43:59", "text": "you're actually pressing the buy button"}, {"start": "00:43:57", "end": "00:44:00", "text": "on. And that's kind of it's kind of part"}, {"start": "00:43:59", "end": "00:44:02", "text": "of the issue. And I I try to avoid"}, {"start": "00:44:00", "end": "00:44:05", "text": "talking about even smaller market cap"}, {"start": "00:44:02", "end": "00:44:07", "text": "coins and uh in general because,"}, {"start": "00:44:05", "end": "00:44:09", "text": "you know, people just will go and buy"}, {"start": "00:44:07", "end": "00:44:10", "text": "stuff. But that's that's become social"}, {"start": "00:44:09", "end": "00:44:12", "text": "trading of itself, isn't it? All you"}, {"start": "00:44:10", "end": "00:44:14", "text": "guys are [�__�] downloading the FOMO"}, {"start": "00:44:12", "end": "00:44:16", "text": "app and watching some influencers"}, {"start": "00:44:14", "end": "00:44:17", "text": "[�__�] ape into $10,000 market cap"}, {"start": "00:44:16", "end": "00:44:20", "text": "[�__�] and then you're following them"}, {"start": "00:44:17", "end": "00:44:22", "text": "down the rabbit hole on that [�__�] Like,"}, {"start": "00:44:20", "end": "00:44:23", "text": "you know, no thieves. Oh, that wallet"}, {"start": "00:44:22", "end": "00:44:25", "text": "bought it. I'm going to [�__�] buy it,"}, {"start": "00:44:23", "end": "00:44:28", "text": "too."}, {"start": "00:44:25", "end": "00:44:29", "text": "But yeah, I'm pumping my bags. Anyway,"}, {"start": "00:44:28", "end": "00:44:31", "text": "you know what? We get some good calls,"}, {"start": "00:44:29", "end": "00:44:32", "text": "we get some bad calls. You know what? I"}, {"start": "00:44:31", "end": "00:44:34", "text": "really liked Natics, by the way. I"}, {"start": "00:44:32", "end": "00:44:36", "text": "thought they were doing cool [�__�] Did"}, {"start": "00:44:34", "end": "00:44:37", "text": "they fail at what they were doing? Yes."}, {"start": "00:44:36", "end": "00:44:39", "text": "But that frequently happens. These are"}, {"start": "00:44:37", "end": "00:44:42", "text": "startup companies. It's going to happen"}, {"start": "00:44:39", "end": "00:44:43", "text": "a lot. You know, Natics, uh, I met them"}, {"start": "00:44:42", "end": "00:44:44", "text": "at this I think they're I mean, they're"}, {"start": "00:44:43", "end": "00:44:45", "text": "think they're still going. I met them at"}, {"start": "00:44:44", "end": "00:44:46", "text": "the I don't know what the hell's"}, {"start": "00:44:45", "end": "00:44:48", "text": "happened to them since then. I met them"}, {"start": "00:44:46", "end": "00:44:50", "text": "at Salana Breakpoint last year. Maybe"}, {"start": "00:44:48", "end": "00:44:51", "text": "they even shut down Seth shut down. I"}, {"start": "00:44:50", "end": "00:44:54", "text": "think they said something about that."}, {"start": "00:44:51", "end": "00:44:55", "text": "Hey, whatever. But I saw them at the uh"}, {"start": "00:44:54", "end": "00:44:57", "text": "Salana Breakpoint. Stop talking to them"}, {"start": "00:44:55", "end": "00:44:58", "text": "about their tech that they were"}, {"start": "00:44:57", "end": "00:45:00", "text": "building. You know, it's not like they"}, {"start": "00:44:58", "end": "00:45:02", "text": "were some scam company that didn't do"}, {"start": "00:45:00", "end": "00:45:03", "text": "anything. It's just it's [�__�] hard to"}, {"start": "00:45:02", "end": "00:45:06", "text": "get a tokconomics right or to have an"}, {"start": "00:45:03", "end": "00:45:08", "text": "idea that drives enough attention back"}, {"start": "00:45:06", "end": "00:45:12", "text": "into your cryptocoin. Like it's tough,"}, {"start": "00:45:08", "end": "00:45:13", "text": "man. Anyway, haters going to hate. I I"}, {"start": "00:45:12", "end": "00:45:15", "text": "appreciate people asking questions like"}, {"start": "00:45:13", "end": "00:45:17", "text": "that. I do, actually. It's, you know,"}, {"start": "00:45:15", "end": "00:45:19", "text": "it's it's important. It's important to"}, {"start": "00:45:17", "end": "00:45:20", "text": "um"}, {"start": "00:45:19", "end": "00:45:22", "text": "uh you know, talk about these things. I"}, {"start": "00:45:20", "end": "00:45:24", "text": "made a mistake by not dumping my memes"}, {"start": "00:45:22", "end": "00:45:25", "text": "last cycle. Not this time, dude. You got"}, {"start": "00:45:24", "end": "00:45:27", "text": "to take money. You got to take profits"}, {"start": "00:45:25", "end": "00:45:31", "text": "off the table. You got to sell. You got"}, {"start": "00:45:27", "end": "00:45:33", "text": "to sell, man. Uh"}, {"start": "00:45:31", "end": "00:45:34", "text": "anyway,"}, {"start": "00:45:33", "end": "00:45:36", "text": "let's continue. Let's continue. We got a"}, {"start": "00:45:34", "end": "00:45:38", "text": "few more things. have Salana, Radium,"}, {"start": "00:45:36", "end": "00:45:39", "text": "and Hype still to talk about. We'll"}, {"start": "00:45:38", "end": "00:45:41", "text": "answer a few more of your questions."}, {"start": "00:45:39", "end": "00:45:42", "text": "We'll talk about some coins real quick."}, {"start": "00:45:41", "end": "00:45:44", "text": "Answer a few more of you guys'"}, {"start": "00:45:42", "end": "00:45:46", "text": "questions, then we'll wrap up for today."}, {"start": "00:45:44", "end": "00:45:47", "text": "Thank you guys again for joining the"}, {"start": "00:45:46", "end": "00:45:49", "text": "stream. You guys are awesome. I"}, {"start": "00:45:47", "end": "00:45:51", "text": "appreciate you guys coming in and"}, {"start": "00:45:49", "end": "00:45:53", "text": "hanging out. Um, oh, actually, this is a"}, {"start": "00:45:51", "end": "00:45:55", "text": "good this is a good one. Curtis Campbell"}, {"start": "00:45:53", "end": "00:45:58", "text": "Lark is hoping to hear your thoughts on"}, {"start": "00:45:55", "end": "00:46:01", "text": "Polygon. Let's, you know what? Let's"}, {"start": "00:45:58", "end": "00:46:03", "text": "talk about uh uh Polygon real quick"}, {"start": "00:46:01", "end": "00:46:06", "text": "because this is a coin that goodness"}, {"start": "00:46:03", "end": "00:46:09", "text": "gracious, you know, last what was last"}, {"start": "00:46:06", "end": "00:46:12", "text": "last cycle back in 2020 and 2021, we"}, {"start": "00:46:09", "end": "00:46:15", "text": "made a [�__�] ton of money on uh Polygon."}, {"start": "00:46:12", "end": "00:46:19", "text": "That was a good time. Uh since then, I"}, {"start": "00:46:15", "end": "00:46:21", "text": "feel like Polygon has really just lost"}, {"start": "00:46:19", "end": "00:46:23", "text": "the"}, {"start": "00:46:21", "end": "00:46:26", "text": "the edge. You know, these layer ones are"}, {"start": "00:46:23", "end": "00:46:28", "text": "just goodness gracious me. No way."}, {"start": "00:46:26", "end": "00:46:30", "text": "That's nuts, man. I I got to bring up"}, {"start": "00:46:28", "end": "00:46:33", "text": "this trade a chart here real quick. This"}, {"start": "00:46:30", "end": "00:46:35", "text": "thing recently, uh, July 2nd went back"}, {"start": "00:46:33", "end": "00:46:38", "text": "down to 6 cents, which is crazy, man,"}, {"start": "00:46:35", "end": "00:46:41", "text": "because we bought this at like 2 cents"}, {"start": "00:46:38", "end": "00:46:43", "text": "and three cents back in 2020, and it's"}, {"start": "00:46:41", "end": "00:46:44", "text": "only 100% higher after six years, the"}, {"start": "00:46:43", "end": "00:46:48", "text": "lows. I mean, you know, versus back"}, {"start": "00:46:44", "end": "00:46:50", "text": "then. It's crazy stuff. Ah, I mean,"}, {"start": "00:46:48", "end": "00:46:52", "text": "there was some news back here which kind"}, {"start": "00:46:50", "end": "00:46:54", "text": "of resulted in this pump from 8 cents up"}, {"start": "00:46:52", "end": "00:46:57", "text": "to 12 cents. So, it's like 50% pump. Not"}, {"start": "00:46:54", "end": "00:46:58", "text": "bad. But I mean, look, just you have to"}, {"start": "00:46:57", "end": "00:47:00", "text": "just understand the simple reality. And"}, {"start": "00:46:58", "end": "00:47:01", "text": "I'm not even going to go into any depth"}, {"start": "00:47:00", "end": "00:47:02", "text": "of the chart here because there's not"}, {"start": "00:47:01", "end": "00:47:05", "text": "that much to say. It's it's it's"}, {"start": "00:47:02", "end": "00:47:08", "text": "bottomed out. Let's say it's come back"}, {"start": "00:47:05", "end": "00:47:10", "text": "down to just absolutely insane lows. It"}, {"start": "00:47:08", "end": "00:47:11", "text": "is trying to break out of its downtrend"}, {"start": "00:47:10", "end": "00:47:13", "text": "here. So, it's got that going for it."}, {"start": "00:47:11", "end": "00:47:14", "text": "We'll see if that can be sticky, if that"}, {"start": "00:47:13", "end": "00:47:15", "text": "actually ends up meaning anything, if"}, {"start": "00:47:14", "end": "00:47:17", "text": "there's enough people still interested"}, {"start": "00:47:15", "end": "00:47:20", "text": "in Polygon to make it matter. But here's"}, {"start": "00:47:17", "end": "00:47:26", "text": "the deal. I want you to think about"}, {"start": "00:47:20", "end": "00:47:26", "text": "crypto right now, okay? Because um"}, {"start": "00:47:26", "end": "00:47:32", "text": "the simple reality is this. I want you"}, {"start": "00:47:28", "end": "00:47:34", "text": "to think about crypto right now. Go to"}, {"start": "00:47:32", "end": "00:47:36", "text": "social media. You know, maybe you're in"}, {"start": "00:47:34", "end": "00:47:37", "text": "an echo chamber and you're only around"}, {"start": "00:47:36", "end": "00:47:38", "text": "people who are talking about Polygon."}, {"start": "00:47:37", "end": "00:47:39", "text": "You think it's greatest [�__�] thing."}, {"start": "00:47:38", "end": "00:47:41", "text": "Like Cardano people, right? They talk"}, {"start": "00:47:39", "end": "00:47:42", "text": "about Cardano. They follow people talk"}, {"start": "00:47:41", "end": "00:47:43", "text": "about Cardano. They're all smelling"}, {"start": "00:47:42", "end": "00:47:45", "text": "their own farts and they think it's the"}, {"start": "00:47:43", "end": "00:47:46", "text": "best [�__�] blockchain in the world and"}, {"start": "00:47:45", "end": "00:47:47", "text": "literally nobody [�__�] uses it. So"}, {"start": "00:47:46", "end": "00:47:49", "text": "maybe you're caught in an echo chamber"}, {"start": "00:47:47", "end": "00:47:51", "text": "with Polygon. I don't know. But the the"}, {"start": "00:47:49", "end": "00:47:52", "text": "thing is is like I try to follow a wide"}, {"start": "00:47:51", "end": "00:47:53", "text": "variety of accounts so I can kind of"}, {"start": "00:47:52", "end": "00:47:55", "text": "have a you know finger on the pulse of"}, {"start": "00:47:53", "end": "00:47:58", "text": "what's happening in the markets and what"}, {"start": "00:47:55", "end": "00:48:01", "text": "is the story right now? Where are people"}, {"start": "00:47:58", "end": "00:48:03", "text": "actually going? What blockchains are"}, {"start": "00:48:01", "end": "00:48:05", "text": "people using applications on? What"}, {"start": "00:48:03", "end": "00:48:07", "text": "blockchains are people downloading"}, {"start": "00:48:05", "end": "00:48:09", "text": "wallets for?"}, {"start": "00:48:07", "end": "00:48:10", "text": "There's very very few of them. I'm not"}, {"start": "00:48:09", "end": "00:48:13", "text": "saying people don't use Polygon because"}, {"start": "00:48:10", "end": "00:48:14", "text": "I know that they do. But basically"}, {"start": "00:48:13", "end": "00:48:16", "text": "everything right now is happening on"}, {"start": "00:48:14", "end": "00:48:18", "text": "Salana and Robin Hood chain to a much"}, {"start": "00:48:16", "end": "00:48:19", "text": "lesser extent on base currently. very"}, {"start": "00:48:18", "end": "00:48:22", "text": "much lesser extent of base compared to"}, {"start": "00:48:19", "end": "00:48:24", "text": "Robin Hood or Salana. Uh Ethereum mainet"}, {"start": "00:48:22", "end": "00:48:27", "text": "still has some stuff happening on it but"}, {"start": "00:48:24", "end": "00:48:30", "text": "it's just mostly you know old school"}, {"start": "00:48:27", "end": "00:48:32", "text": "guys doing stuff and then you start okay"}, {"start": "00:48:30", "end": "00:48:35", "text": "Tron Tron for some reason still gets a"}, {"start": "00:48:32", "end": "00:48:37", "text": "lot of adoption with um USDT transfers"}, {"start": "00:48:35", "end": "00:48:38", "text": "globally. It's like this very big thing"}, {"start": "00:48:37", "end": "00:48:40", "text": "that sort of caught on in like you know"}, {"start": "00:48:38", "end": "00:48:42", "text": "Africa and Asia and stuff and so I was"}, {"start": "00:48:40", "end": "00:48:44", "text": "very used because of that. But if we"}, {"start": "00:48:42", "end": "00:48:46", "text": "start going down the list from there,"}, {"start": "00:48:44", "end": "00:48:51", "text": "you know, Avalanche,"}, {"start": "00:48:46", "end": "00:48:54", "text": "Sue, uh, Aptos, SE, Polygon,"}, {"start": "00:48:51", "end": "00:48:55", "text": "uh, maybe a couple other names, like,"}, {"start": "00:48:54", "end": "00:48:57", "text": "man, nobody's talking about these right"}, {"start": "00:48:55", "end": "00:48:58", "text": "now. Like, nobody's doing anything on"}, {"start": "00:48:57", "end": "00:48:59", "text": "these chains right now. Developers"}, {"start": "00:48:58", "end": "00:49:01", "text": "aren't really showing up in a massive"}, {"start": "00:48:59", "end": "00:49:03", "text": "way. Traders aren't really showing up in"}, {"start": "00:49:01", "end": "00:49:05", "text": "a massive way. You know, Polygon never"}, {"start": "00:49:03", "end": "00:49:06", "text": "really had like a big memecoin season. I"}, {"start": "00:49:05", "end": "00:49:08", "text": "guess Tron didn't really either. I mean,"}, {"start": "00:49:06", "end": "00:49:10", "text": "there was a brief moment where Tron did"}, {"start": "00:49:08", "end": "00:49:12", "text": "a few memecoin things, but for the most"}, {"start": "00:49:10", "end": "00:49:14", "text": "part, Polygon just it's kind of lost"}, {"start": "00:49:12", "end": "00:49:16", "text": "that zeitgeist moment that it had back"}, {"start": "00:49:14", "end": "00:49:18", "text": "in 2021 where it's like, \"Oh my god,"}, {"start": "00:49:16", "end": "00:49:20", "text": "Polygon, man.\" And people were building"}, {"start": "00:49:18", "end": "00:49:22", "text": "stuff on it and doing stuff and it just"}, {"start": "00:49:20", "end": "00:49:23", "text": "kind of faded away and it hasn't really"}, {"start": "00:49:22", "end": "00:49:25", "text": "come back in any meaningful way."}, {"start": "00:49:23", "end": "00:49:28", "text": "Whereas, like look at Salana. Salana has"}, {"start": "00:49:25", "end": "00:49:32", "text": "maintained this critical mass of users"}, {"start": "00:49:28", "end": "00:49:34", "text": "and developers and money where Polygon's"}, {"start": "00:49:32", "end": "00:49:36", "text": "really struggled too. And I don't know,"}, {"start": "00:49:34", "end": "00:49:39", "text": "look, maybe maybe the founders of Salana"}, {"start": "00:49:36", "end": "00:49:40", "text": "are just more locked in. You know, I"}, {"start": "00:49:39", "end": "00:49:42", "text": "know the Polygon founders, like I see"}, {"start": "00:49:40", "end": "00:49:44", "text": "that dude's name on like every pitch"}, {"start": "00:49:42", "end": "00:49:45", "text": "deck in the [�__�] world. Like dudes"}, {"start": "00:49:44", "end": "00:49:46", "text": "are throwing money everywhere doing con"}, {"start": "00:49:45", "end": "00:49:48", "text": "like instead of just like, you know,"}, {"start": "00:49:46", "end": "00:49:49", "text": "dude, make your own blockchain the best"}, {"start": "00:49:48", "end": "00:49:50", "text": "thing in the world. And you know, you"}, {"start": "00:49:49", "end": "00:49:52", "text": "won't need to be investing all these"}, {"start": "00:49:50", "end": "00:49:54", "text": "[�__�] uh angel rounds all over the"}, {"start": "00:49:52", "end": "00:49:57", "text": "[�__�] place."}, {"start": "00:49:54", "end": "00:49:59", "text": "I don't know. But for me currently based"}, {"start": "00:49:57", "end": "00:50:02", "text": "on my current information something like"}, {"start": "00:49:59", "end": "00:50:04", "text": "uh Polygon or even Avalanche um not"}, {"start": "00:50:02", "end": "00:50:05", "text": "investable for me right now. I'd rather"}, {"start": "00:50:04", "end": "00:50:07", "text": "put my other places and speculate on"}, {"start": "00:50:05", "end": "00:50:10", "text": "hotter narratives in the market right"}, {"start": "00:50:07", "end": "00:50:14", "text": "now. It was Madic back then. Those are"}, {"start": "00:50:10", "end": "00:50:16", "text": "back in the day man. Back in the day."}, {"start": "00:50:14", "end": "00:50:19", "text": "Best blockchain ever. Cardano. It is"}, {"start": "00:50:16", "end": "00:50:22", "text": "indeed the most pure researched most"}, {"start": "00:50:19", "end": "00:50:24", "text": "white papers. Best beard in crypto."}, {"start": "00:50:22", "end": "00:50:27", "text": "Let's put it that way. That's what it's"}, {"start": "00:50:24", "end": "00:50:31", "text": "got going for it. Anyway, just doesn't"}, {"start": "00:50:27", "end": "00:50:33", "text": "have any users, man. H"}, {"start": "00:50:31", "end": "00:50:35", "text": "anyway,"}, {"start": "00:50:33", "end": "00:50:38", "text": "let's get back back on task here, guys."}, {"start": "00:50:35", "end": "00:50:42", "text": "Let's talk about some coins. Salana,"}, {"start": "00:50:38", "end": "00:50:45", "text": "here we go. Salana 1.49"}, {"start": "00:50:42", "end": "00:50:47", "text": "million token launches over the past"}, {"start": "00:50:45", "end": "00:50:48", "text": "week. What? The highest weekly total"}, {"start": "00:50:47", "end": "00:50:50", "text": "network's history. Now, I know what"}, {"start": "00:50:48", "end": "00:50:52", "text": "you're thinking. Yeah, Lark, but isn't"}, {"start": "00:50:50", "end": "00:50:54", "text": "most of that just dog [�__�] Yes, it is"}, {"start": "00:50:52", "end": "00:50:57", "text": "dog [�__�] That's a very big pile of dog"}, {"start": "00:50:54", "end": "00:51:00", "text": "[�__�] my friends. And look, the reality"}, {"start": "00:50:57", "end": "00:51:02", "text": "is is that people are choosing to use"}, {"start": "00:51:00", "end": "00:51:04", "text": "Salana and speculate on Salana. We got"}, {"start": "00:51:02", "end": "00:51:05", "text": "Pump Fund. Now we have Ston Fund. We"}, {"start": "00:51:04", "end": "00:51:06", "text": "have all these experimentations"}, {"start": "00:51:05", "end": "00:51:07", "text": "happening. And we have a lot of"}, {"start": "00:51:06", "end": "00:51:09", "text": "experimentation happening on Robin Hood"}, {"start": "00:51:07", "end": "00:51:10", "text": "chain right now, too. All these new DeFi"}, {"start": "00:51:09", "end": "00:51:11", "text": "primitives popping up, which many of"}, {"start": "00:51:10", "end": "00:51:13", "text": "them are just copies of previous ideas,"}, {"start": "00:51:11", "end": "00:51:15", "text": "but some of them are new. Some of them"}, {"start": "00:51:13", "end": "00:51:17", "text": "are new ideas, some of them are new"}, {"start": "00:51:15", "end": "00:51:19", "text": "twists on old favorites because nothing"}, {"start": "00:51:17", "end": "00:51:21", "text": "ever is really new under the sun, is it?"}, {"start": "00:51:19", "end": "00:51:22", "text": "But it's all kind of experimentation and"}, {"start": "00:51:21", "end": "00:51:24", "text": "it's happening. It's exciting. is good"}, {"start": "00:51:22", "end": "00:51:28", "text": "to see. I like it. I like it. It's very"}, {"start": "00:51:24", "end": "00:51:32", "text": "good. Salana itself sitting at the"}, {"start": "00:51:28", "end": "00:51:34", "text": "20-day EMA. I mean,"}, {"start": "00:51:32", "end": "00:51:36", "text": "if only that damn MACD would flip over."}, {"start": "00:51:34", "end": "00:51:38", "text": "That'd be a long scenario for me here on"}, {"start": "00:51:36", "end": "00:51:40", "text": "Salana. That 20-day EMA retest is"}, {"start": "00:51:38", "end": "00:51:42", "text": "tempting. I'm tempted. I want to do it."}, {"start": "00:51:40", "end": "00:51:44", "text": "But then I know all this drama is coming"}, {"start": "00:51:42", "end": "00:51:46", "text": "this week with the Fed and uh"}, {"start": "00:51:44", "end": "00:51:50", "text": "everything. And it makes me think, oh"}, {"start": "00:51:46", "end": "00:51:53", "text": "jeez, 20-day EMA, MACD downtrending, RSI"}, {"start": "00:51:50", "end": "00:51:55", "text": "is not yet above the control line. Like,"}, {"start": "00:51:53", "end": "00:51:57", "text": "ah,"}, {"start": "00:51:55", "end": "00:51:58", "text": "maybe the better move is to wait for the"}, {"start": "00:51:57", "end": "00:52:00", "text": "break of this, but then it's got to"}, {"start": "00:51:58", "end": "00:52:03", "text": "wait. Try and get the $105 breakout when"}, {"start": "00:52:00", "end": "00:52:06", "text": "you could bid here at $101. Put your"}, {"start": "00:52:03", "end": "00:52:08", "text": "stop loss at 98."}, {"start": "00:52:06", "end": "00:52:10", "text": "Anyway, not bidding that yet. I'll wait"}, {"start": "00:52:08", "end": "00:52:12", "text": "for a little more um a little bit better"}, {"start": "00:52:10", "end": "00:52:14", "text": "of a setup uh here. Blunts put this one."}, {"start": "00:52:12", "end": "00:52:15", "text": "On every new cycle, Ray ends up doing"}, {"start": "00:52:14", "end": "00:52:16", "text": "some crazy multiples. And I'm fully"}, {"start": "00:52:15", "end": "00:52:18", "text": "expecting the same ones again. Since"}, {"start": "00:52:16", "end": "00:52:20", "text": "Ston Fund launched, Ray revenue has been"}, {"start": "00:52:18", "end": "00:52:22", "text": "going parabolic. That's true. And look"}, {"start": "00:52:20", "end": "00:52:25", "text": "at the revenue before less $100,000 a"}, {"start": "00:52:22", "end": "00:52:27", "text": "day. Revenue now averaging around, let's"}, {"start": "00:52:25", "end": "00:52:29", "text": "say, $200,000 a day. So 100% plus in"}, {"start": "00:52:27", "end": "00:52:32", "text": "revenue thanks to um Radium's"}, {"start": "00:52:29", "end": "00:52:35", "text": "partnership with Stonk Fund."}, {"start": "00:52:32", "end": "00:52:37", "text": "Chart looks like this for Radium. Nice"}, {"start": "00:52:35", "end": "00:52:39", "text": "breakout. I retest down here that the"}, {"start": "00:52:37", "end": "00:52:42", "text": "orange line or the yellow line, which is"}, {"start": "00:52:39", "end": "00:52:45", "text": "the 20-day EMA, would be good."}, {"start": "00:52:42", "end": "00:52:47", "text": "threatening a MACD bearish crossover in"}, {"start": "00:52:45", "end": "00:52:48", "text": "the coming days, which might see a"}, {"start": "00:52:47", "end": "00:52:51", "text": "needed cool off for that and give"}, {"start": "00:52:48", "end": "00:52:56", "text": "anybody who um"}, {"start": "00:52:51", "end": "00:52:57", "text": "uh wants to get a chance on that to get"}, {"start": "00:52:56", "end": "00:52:58", "text": "it. I don't have it, but I am watching."}, {"start": "00:52:57", "end": "00:53:00", "text": "I'm keeping an eye on it, right? Keeping"}, {"start": "00:52:58", "end": "00:53:03", "text": "an eye on this one because it is"}, {"start": "00:53:00", "end": "00:53:05", "text": "interesting what they're doing. Now,"}, {"start": "00:53:03", "end": "00:53:07", "text": "Hyperlid,"}, {"start": "00:53:05", "end": "00:53:09", "text": "let's talk about it because, you know,"}, {"start": "00:53:07", "end": "00:53:10", "text": "came out a little while ago. the CME is"}, {"start": "00:53:09", "end": "00:53:13", "text": "suing Hyperlid over some of the stuff"}, {"start": "00:53:10", "end": "00:53:16", "text": "that they're doing and and it's a very"}, {"start": "00:53:13", "end": "00:53:19", "text": "interesting asset because it kind of"}, {"start": "00:53:16", "end": "00:53:23", "text": "kicked off this whole sort of,"}, {"start": "00:53:19", "end": "00:53:24", "text": "you know, move in the direction of"}, {"start": "00:53:23", "end": "00:53:27", "text": "everything we've been seeing with these"}, {"start": "00:53:24", "end": "00:53:28", "text": "buyback metas, right? And other coins"}, {"start": "00:53:27", "end": "00:53:30", "text": "been doing buybacks for a while. Hyperl"}, {"start": "00:53:28", "end": "00:53:31", "text": "is going to really prove like, oh yeah,"}, {"start": "00:53:30", "end": "00:53:32", "text": "that's going to get a community of"}, {"start": "00:53:31", "end": "00:53:33", "text": "people behind it. That's going to get"}, {"start": "00:53:32", "end": "00:53:34", "text": "everybody excited. Let's look at the"}, {"start": "00:53:33", "end": "00:53:36", "text": "charts and I want to break down some of"}, {"start": "00:53:34", "end": "00:53:38", "text": "the fundamentals of Hyperlid here. The"}, {"start": "00:53:36", "end": "00:53:39", "text": "charts very interesting currently. You"}, {"start": "00:53:38", "end": "00:53:41", "text": "see, we had this beautiful breakout."}, {"start": "00:53:39", "end": "00:53:42", "text": "This is the 3-day charts, by the way. I"}, {"start": "00:53:41", "end": "00:53:42", "text": "know what you're thinking, Lark. The"}, {"start": "00:53:42", "end": "00:53:44", "text": "three-day charts, what are you doing?"}, {"start": "00:53:42", "end": "00:53:45", "text": "Well, you look at charts that other"}, {"start": "00:53:44", "end": "00:53:46", "text": "people don't see. You see other things"}, {"start": "00:53:45", "end": "00:53:49", "text": "other people don't see. There you go."}, {"start": "00:53:46", "end": "00:53:50", "text": "Anyway, the 3-day charts on Hyperlid."}, {"start": "00:53:49", "end": "00:53:52", "text": "You can see we had this area of"}, {"start": "00:53:50", "end": "00:53:54", "text": "resistance here. We're now popped right"}, {"start": "00:53:52", "end": "00:53:58", "text": "back down to that, potentially flipping"}, {"start": "00:53:54", "end": "00:54:02", "text": "it into support around the $75 level. We"}, {"start": "00:53:58", "end": "00:54:05", "text": "did go up as high as almost $90 uh about"}, {"start": "00:54:02", "end": "00:54:06", "text": "10 days ago. Currently though, momentum"}, {"start": "00:54:05", "end": "00:54:08", "text": "has been waning. So, we have this"}, {"start": "00:54:06", "end": "00:54:11", "text": "potential MACD bearish crossover coming"}, {"start": "00:54:08", "end": "00:54:14", "text": "up in the next, let's say, week or two."}, {"start": "00:54:11", "end": "00:54:17", "text": "If that plays out, then a potential move"}, {"start": "00:54:14", "end": "00:54:21", "text": "back down below 75, even below the 20"}, {"start": "00:54:17", "end": "00:54:23", "text": "period EMA, which is currently at $73,"}, {"start": "00:54:21", "end": "00:54:25", "text": "becomes a more likely scenario. But just"}, {"start": "00:54:23", "end": "00:54:27", "text": "because it's curling downwards doesn't"}, {"start": "00:54:25", "end": "00:54:29", "text": "mean that it can't expand back up very"}, {"start": "00:54:27", "end": "00:54:31", "text": "quickly. We see that happen quite a few"}, {"start": "00:54:29", "end": "00:54:33", "text": "times. So, that retest here on support"}, {"start": "00:54:31", "end": "00:54:35", "text": "becomes a very interesting area to watch"}, {"start": "00:54:33", "end": "00:54:38", "text": "if that can actually hold. If we can see"}, {"start": "00:54:35", "end": "00:54:40", "text": "the daily closes stay above about $75,"}, {"start": "00:54:38", "end": "00:54:42", "text": "then that becomes potentially an"}, {"start": "00:54:40", "end": "00:54:44", "text": "interesting new base and a very bullish"}, {"start": "00:54:42", "end": "00:54:45", "text": "actual structure here on this because"}, {"start": "00:54:44", "end": "00:54:49", "text": "what you see is basically a strong"}, {"start": "00:54:45", "end": "00:54:51", "text": "breakout and a bullish retest to make"}, {"start": "00:54:49", "end": "00:54:53", "text": "previous resistance into support which"}, {"start": "00:54:51", "end": "00:54:55", "text": "is something actually see a lot in"}, {"start": "00:54:53", "end": "00:54:57", "text": "trading where you see these assets break"}, {"start": "00:54:55", "end": "00:54:59", "text": "out come back and then push higher after"}, {"start": "00:54:57", "end": "00:55:02", "text": "that. So we're going to see if that"}, {"start": "00:54:59", "end": "00:55:05", "text": "plays out here or not. Overall though, I"}, {"start": "00:55:02", "end": "00:55:07", "text": "think Hyperlid is remaining a pretty"}, {"start": "00:55:05", "end": "00:55:10", "text": "interesting asset."}, {"start": "00:55:07", "end": "00:55:12", "text": "You see, Hyperliquid is is currently"}, {"start": "00:55:10", "end": "00:55:13", "text": "sitting at really the center of one of"}, {"start": "00:55:12", "end": "00:55:16", "text": "crypto's most contested debates right"}, {"start": "00:55:13", "end": "00:55:19", "text": "now. And I've got a few thoughts on"}, {"start": "00:55:16", "end": "00:55:22", "text": "this. So, Hyperlquid is routing what 97%"}, {"start": "00:55:19", "end": "00:55:23", "text": "of its trading fees back into hype"}, {"start": "00:55:22", "end": "00:55:26", "text": "buybacks and birds. Extremely aggressive"}, {"start": "00:55:23", "end": "00:55:28", "text": "kicked off the entire meta. Trailing"}, {"start": "00:55:26", "end": "00:55:30", "text": "12-month buybacks are about a billion"}, {"start": "00:55:28", "end": "00:55:32", "text": "dollars and it still handles the"}, {"start": "00:55:30", "end": "00:55:34", "text": "majority of onchamber petrol futures"}, {"start": "00:55:32", "end": "00:55:36", "text": "volume and has got a public treasury"}, {"start": "00:55:34", "end": "00:55:37", "text": "vehicle which uh holds hype. I own that"}, {"start": "00:55:36", "end": "00:55:39", "text": "by the way. I don't own hype but I do"}, {"start": "00:55:37", "end": "00:55:41", "text": "own hyperlquid strategies. On the"}, {"start": "00:55:39", "end": "00:55:44", "text": "regulatory side the CFTC has begun"}, {"start": "00:55:41", "end": "00:55:45", "text": "approving the true perpetual futures on"}, {"start": "00:55:44", "end": "00:55:48", "text": "shore through Koshy and Coinbase"}, {"start": "00:55:45", "end": "00:55:49", "text": "prompting the CME to sue the CFTC over"}, {"start": "00:55:48", "end": "00:55:52", "text": "that classification. By the way,"}, {"start": "00:55:49", "end": "00:55:54", "text": "Hyperlquid's policy arm filed an amicus"}, {"start": "00:55:52", "end": "00:55:56", "text": "brief backing the CFTC talks with"}, {"start": "00:55:54", "end": "00:55:57", "text": "Kraken's bitomial or about a regulated"}, {"start": "00:55:56", "end": "00:56:00", "text": "rapper for US users not removing the"}, {"start": "00:55:57", "end": "00:56:02", "text": "geoblock. HIP 3 is the permissioned"}, {"start": "00:56:00", "end": "00:56:04", "text": "market framework being used to list"}, {"start": "00:56:02", "end": "00:56:06", "text": "things like oil metals. The validator"}, {"start": "00:56:04", "end": "00:56:09", "text": "set remains small and while foundation"}, {"start": "00:56:06", "end": "00:56:11", "text": "held stake has dropped, this isn't"}, {"start": "00:56:09", "end": "00:56:12", "text": "decentralized the way that Ethereum is,"}, {"start": "00:56:11", "end": "00:56:14", "text": "for example. Now, on the buyback side,"}, {"start": "00:56:12", "end": "00:56:16", "text": "bulls call this the cleanest cash flow"}, {"start": "00:56:14", "end": "00:56:18", "text": "token in crypto. Fees flow into an"}, {"start": "00:56:16", "end": "00:56:19", "text": "assistance fund that buys and burns"}, {"start": "00:56:18", "end": "00:56:22", "text": "hype. So rising volume mechanically"}, {"start": "00:56:19", "end": "00:56:25", "text": "shrinks supply. Bears call it uh volume"}, {"start": "00:56:22", "end": "00:56:27", "text": "beta in a suit. Fee revenue has already"}, {"start": "00:56:25", "end": "00:56:30", "text": "rolled over from 2025 peaks in some"}, {"start": "00:56:27", "end": "00:56:32", "text": "quarters. And if per activity cools, the"}, {"start": "00:56:30", "end": "00:56:34", "text": "buyback bid then vanishes with it. So"}, {"start": "00:56:32", "end": "00:56:37", "text": "that's the problem with any of these"}, {"start": "00:56:34", "end": "00:56:38", "text": "meta coins. And a treasury vehicle"}, {"start": "00:56:37", "end": "00:56:40", "text": "issuing stock to buy hype is kind of"}, {"start": "00:56:38", "end": "00:56:42", "text": "somewhat circular. Proves demand exists,"}, {"start": "00:56:40", "end": "00:56:44", "text": "but not that the protocol can be"}, {"start": "00:56:42", "end": "00:56:46", "text": "durable. And I look I think hyperlquid"}, {"start": "00:56:44", "end": "00:56:47", "text": "will be a durable protocol, but still"}, {"start": "00:56:46", "end": "00:56:49", "text": "there's criticisms right on volume."}, {"start": "00:56:47", "end": "00:56:51", "text": "Bulls argue the product simply won and"}, {"start": "00:56:49", "end": "00:56:52", "text": "an onchain order book with centralized"}, {"start": "00:56:51", "end": "00:56:54", "text": "exchange- like speed, deeper liquidity"}, {"start": "00:56:52", "end": "00:56:56", "text": "than most decentralized rivals and hip 3"}, {"start": "00:56:54", "end": "00:56:58", "text": "letting it list everything from oil to"}, {"start": "00:56:56", "end": "00:57:00", "text": "equities. Liquidity becomes the mode."}, {"start": "00:56:58", "end": "00:57:01", "text": "Bears counter that this volume is"}, {"start": "00:57:00", "end": "00:57:03", "text": "mercenary. Market makers and basis"}, {"start": "00:57:01", "end": "00:57:05", "text": "traders show up for fees and incentives"}, {"start": "00:57:03", "end": "00:57:07", "text": "and will leave the moment either shifts"}, {"start": "00:57:05", "end": "00:57:09", "text": "which we've seen a lot in crypto."}, {"start": "00:57:07", "end": "00:57:11", "text": "There's no loyalty to anything leading"}, {"start": "00:57:09", "end": "00:57:13", "text": "decentralized per is still a small pond"}, {"start": "00:57:11", "end": "00:57:15", "text": "next to something like Binance for"}, {"start": "00:57:13", "end": "00:57:17", "text": "example. hyperlquid listing oil and"}, {"start": "00:57:15", "end": "00:57:20", "text": "silver markets is read as the real tell."}, {"start": "00:57:17", "end": "00:57:21", "text": "It's stepping onto the CMEs and ISIS"}, {"start": "00:57:20", "end": "00:57:23", "text": "turf, which is why incumbents are suing"}, {"start": "00:57:21", "end": "00:57:25", "text": "instead of competing on product. Then"}, {"start": "00:57:23", "end": "00:57:27", "text": "there's the identity question, exchange"}, {"start": "00:57:25", "end": "00:57:29", "text": "or neutral infrastructure. Hyperlid"}, {"start": "00:57:27", "end": "00:57:31", "text": "frames Hyper Core as a market"}, {"start": "00:57:29", "end": "00:57:33", "text": "infrastructure with brokers and clearing"}, {"start": "00:57:31", "end": "00:57:34", "text": "entities sitting on top and hip three"}, {"start": "00:57:33", "end": "00:57:37", "text": "markets as permission venues rather than"}, {"start": "00:57:34", "end": "00:57:39", "text": "Hyperlquid itself acting as an exchange."}, {"start": "00:57:37", "end": "00:57:41", "text": "So look, the critics aren't currently"}, {"start": "00:57:39", "end": "00:57:42", "text": "buying it. something that runs an order"}, {"start": "00:57:41", "end": "00:57:44", "text": "book, sets leverage, liquidates"}, {"start": "00:57:42", "end": "00:57:46", "text": "positions, and collects fees, tends to"}, {"start": "00:57:44", "end": "00:57:48", "text": "get called an exchange regardless of the"}, {"start": "00:57:46", "end": "00:57:50", "text": "underlying infrastructure. A validator"}, {"start": "00:57:48", "end": "00:57:52", "text": "set numbering in the dozens,"}, {"start": "00:57:50", "end": "00:57:53", "text": "historically foundationheavy, doesn't"}, {"start": "00:57:52", "end": "00:57:54", "text": "read as the kind of public"}, {"start": "00:57:53", "end": "00:57:56", "text": "infrastructure like Ethereum is."}, {"start": "00:57:54", "end": "00:57:58", "text": "Skeptics will keep pointing that out."}, {"start": "00:57:56", "end": "00:58:01", "text": "It's read as a venue with a few extra"}, {"start": "00:57:58", "end": "00:58:04", "text": "steps added on top. Now, then you have"}, {"start": "00:58:01", "end": "00:58:05", "text": "stuff like this Kraken Bitnomial path to"}, {"start": "00:58:04", "end": "00:58:07", "text": "onshore. Uh, and that's kind of"}, {"start": "00:58:05", "end": "00:58:09", "text": "splitting opinions as well. supporters"}, {"start": "00:58:07", "end": "00:58:11", "text": "call it smart rent an existing CFTC"}, {"start": "00:58:09", "end": "00:58:14", "text": "regulated stack instead of building a"}, {"start": "00:58:11", "end": "00:58:16", "text": "license from scratch giving US users a"}, {"start": "00:58:14", "end": "00:58:17", "text": "compliant subset of per KYC with"}, {"start": "00:58:16", "end": "00:58:20", "text": "political tailwinds from officials"}, {"start": "00:58:17", "end": "00:58:22", "text": "suggesting CFTC should bring such"}, {"start": "00:58:20", "end": "00:58:24", "text": "platforms on shore properly skeptics"}, {"start": "00:58:22", "end": "00:58:26", "text": "then note of course the offshore geob"}, {"start": "00:58:24", "end": "00:58:27", "text": "block stays exotic hip 3 markets and"}, {"start": "00:58:26", "end": "00:58:29", "text": "higher leverage remains overseas and so"}, {"start": "00:58:27", "end": "00:58:32", "text": "there's kind of no public commitment"}, {"start": "00:58:29", "end": "00:58:33", "text": "that US fees even feed the buyback"}, {"start": "00:58:32", "end": "00:58:35", "text": "engine and approval could take a year or"}, {"start": "00:58:33", "end": "00:58:37", "text": "more so there's all kinds of questions"}, {"start": "00:58:35", "end": "00:58:38", "text": "right leaving Americans with a neutered"}, {"start": "00:58:37", "end": "00:58:41", "text": "product while the real book stays"}, {"start": "00:58:38", "end": "00:58:43", "text": "offshore and players like Kouchy eat up"}, {"start": "00:58:41", "end": "00:58:46", "text": "the market share. Underneath it all says"}, {"start": "00:58:43", "end": "00:58:48", "text": "the CME lawsuit which turns on a"}, {"start": "00:58:46", "end": "00:58:50", "text": "genuinely unresolved question. Is a"}, {"start": "00:58:48", "end": "00:58:52", "text": "funding rate perpetual future legally a"}, {"start": "00:58:50", "end": "00:58:54", "text": "future or closer to a swap. If courts"}, {"start": "00:58:52", "end": "00:58:56", "text": "side with the CME then onshore retail"}, {"start": "00:58:54", "end": "00:58:58", "text": "per access could shrink and Hyperlquid's"}, {"start": "00:58:56", "end": "00:59:00", "text": "US ambitions could get even harder. If"}, {"start": "00:58:58", "end": "00:59:03", "text": "the CME loses standing product byproduct"}, {"start": "00:59:00", "end": "00:59:05", "text": "CFTC approval is a slow and political"}, {"start": "00:59:03", "end": "00:59:06", "text": "process. And one administration's"}, {"start": "00:59:05", "end": "00:59:08", "text": "welcome mat can become the next one's"}, {"start": "00:59:06", "end": "00:59:09", "text": "enforcement memo as a way to get back at"}, {"start": "00:59:08", "end": "00:59:11", "text": "the previous administration. The"}, {"start": "00:59:09", "end": "00:59:13", "text": "compressed version here of course bulls"}, {"start": "00:59:11", "end": "00:59:15", "text": "see hyperlquid as NASDAQ plus buybacks"}, {"start": "00:59:13", "end": "00:59:17", "text": "migrating onshore as regulated rails."}, {"start": "00:59:15", "end": "00:59:20", "text": "Bears see a hot perpetual book wrapped"}, {"start": "00:59:17", "end": "00:59:22", "text": "in a token flywheel propped up by a thin"}, {"start": "00:59:20", "end": "00:59:24", "text": "validator set and a regulatory story"}, {"start": "00:59:22", "end": "00:59:26", "text": "untested in court. Both can be true"}, {"start": "00:59:24", "end": "00:59:28", "text": "simultaneously"}, {"start": "00:59:26", "end": "00:59:30", "text": "right up until the volume drops or a"}, {"start": "00:59:28", "end": "00:59:32", "text": "judge decides what a perpetual future is"}, {"start": "00:59:30", "end": "00:59:33", "text": "allowed to be or not. The answer to"}, {"start": "00:59:32", "end": "00:59:36", "text": "these questions, of course, decides if"}, {"start": "00:59:33", "end": "00:59:38", "text": "hypes goes to $1,000 plus the cycle or"}, {"start": "00:59:36", "end": "00:59:42", "text": "lags desperately behind the new players"}, {"start": "00:59:38", "end": "00:59:44", "text": "because the offshore demand will be"}, {"start": "00:59:42", "end": "00:59:47", "text": "enough to keep hype going. But bringing"}, {"start": "00:59:44", "end": "00:59:49", "text": "in US markets, that's going to be the"}, {"start": "00:59:47", "end": "00:59:51", "text": "thousand equation."}, {"start": "00:59:49", "end": "00:59:53", "text": "So, it's going to be interesting to see"}, {"start": "00:59:51", "end": "00:59:56", "text": "where all this ends up falling down,"}, {"start": "00:59:53", "end": "00:59:58", "text": "where the cookie will crumble."}, {"start": "00:59:56", "end": "01:00:01", "text": "It's going to be fascinating. Hype"}, {"start": "00:59:58", "end": "01:00:05", "text": "though, man. What a what a coin. Fading"}, {"start": "01:00:01", "end": "01:00:06", "text": "this at $3 and $5 was one of those like"}, {"start": "01:00:05", "end": "01:00:08", "text": "what the hell was I thinking kind of"}, {"start": "01:00:06", "end": "01:00:10", "text": "situations, but sometimes really hard"}, {"start": "01:00:08", "end": "01:00:12", "text": "to, you know, separate the wheat from"}, {"start": "01:00:10", "end": "01:00:14", "text": "the chaff in crypto because you're going"}, {"start": "01:00:12", "end": "01:00:16", "text": "to see all these things pop up. You're"}, {"start": "01:00:14", "end": "01:00:19", "text": "going to see all these new coins launch"}, {"start": "01:00:16", "end": "01:00:20", "text": "and everyone's promising the world. It's"}, {"start": "01:00:19", "end": "01:00:22", "text": "got takes a lot of research to figure"}, {"start": "01:00:20", "end": "01:00:24", "text": "out which ones are going to actually"}, {"start": "01:00:22", "end": "01:00:26", "text": "deliver on some of those promises."}, {"start": "01:00:24", "end": "01:00:28", "text": "Anyway, let's do a few more questions,"}, {"start": "01:00:26", "end": "01:00:31", "text": "guys, then we're going to finish up for"}, {"start": "01:00:28", "end": "01:00:31", "text": "today."}, {"start": "01:00:32", "end": "01:00:37", "text": "Lark, can coins like ston or pawns make"}, {"start": "01:00:34", "end": "01:00:41", "text": "it to5 billion market cap in a full"}, {"start": "01:00:37", "end": "01:00:43", "text": "bull? Higher. Higher. Pew poom, have you"}, {"start": "01:00:41", "end": "01:00:45", "text": "forgotten what an actual bull run is"}, {"start": "01:00:43", "end": "01:00:48", "text": "like? Uh because we haven't had one in"}, {"start": "01:00:45", "end": "01:00:50", "text": "about five years for crypto. It's been a"}, {"start": "01:00:48", "end": "01:00:52", "text": "long time. A long time. I'm going to"}, {"start": "01:00:50", "end": "01:00:54", "text": "start telling my grandkids about uh back"}, {"start": "01:00:52", "end": "01:00:57", "text": "when I remember there used to be things"}, {"start": "01:00:54", "end": "01:01:00", "text": "thing called a bull run. Uh look, here's"}, {"start": "01:00:57", "end": "01:01:02", "text": "the thing."}, {"start": "01:01:00", "end": "01:01:04", "text": "I need to reframe things for you because"}, {"start": "01:01:02", "end": "01:01:07", "text": "these are some of the biggest fee"}, {"start": "01:01:04", "end": "01:01:11", "text": "generating apps ever in the history of"}, {"start": "01:01:07", "end": "01:01:12", "text": "this market. Stonk fun, Pawns, Pump,"}, {"start": "01:01:11", "end": "01:01:15", "text": "they're all doing a million dollars a"}, {"start": "01:01:12", "end": "01:01:17", "text": "day in volume. Now, apparently Pump, by"}, {"start": "01:01:15", "end": "01:01:19", "text": "the way, they've got some new hodddle"}, {"start": "01:01:17", "end": "01:01:21", "text": "rewards or something like that, and"}, {"start": "01:01:19", "end": "01:01:22", "text": "somebody's been saying that that might"}, {"start": "01:01:21", "end": "01:01:23", "text": "actually be starting to be coming out of"}, {"start": "01:01:22", "end": "01:01:26", "text": "the daily buybacks, which wasn't made"}, {"start": "01:01:23", "end": "01:01:27", "text": "clear if that's the case. Anyway, but uh"}, {"start": "01:01:26", "end": "01:01:30", "text": "pawns and stunt currently doing"}, {"start": "01:01:27", "end": "01:01:32", "text": "extremely aggressive buybacks."}, {"start": "01:01:30", "end": "01:01:34", "text": "Remember,"}, {"start": "01:01:32", "end": "01:01:37", "text": "remember, I need to take you back to"}, {"start": "01:01:34", "end": "01:01:39", "text": "2021. I know those are special times,"}, {"start": "01:01:37", "end": "01:01:41", "text": "but stocks have gone higher than 2021"}, {"start": "01:01:39", "end": "01:01:44", "text": "highs."}, {"start": "01:01:41", "end": "01:01:47", "text": "dream, dare to dream bigger because we"}, {"start": "01:01:44", "end": "01:01:47", "text": "sent"}, {"start": "01:01:48", "end": "01:01:53", "text": "we sent Cardano,"}, {"start": "01:01:50", "end": "01:01:56", "text": "[�__�] Cardano, which didn't even at"}, {"start": "01:01:53", "end": "01:01:57", "text": "the time have smart contracts and its"}, {"start": "01:01:56", "end": "01:02:00", "text": "whole proposition was we're a smart"}, {"start": "01:01:57", "end": "01:02:01", "text": "contract platform. It didn't even have"}, {"start": "01:02:00", "end": "01:02:04", "text": "smart contracts live in the blockchain"}, {"start": "01:02:01", "end": "01:02:07", "text": "at the time. We sent it to a hundred"}, {"start": "01:02:04", "end": "01:02:07", "text": "billion"}, {"start": "01:02:08", "end": "01:02:12", "text": "thinking that something like pawns or"}, {"start": "01:02:10", "end": "01:02:14", "text": "ston fund can't go higher than $5"}, {"start": "01:02:12", "end": "01:02:16", "text": "billion like they can as long as the"}, {"start": "01:02:14", "end": "01:02:18", "text": "revenues continue to keep up pace of"}, {"start": "01:02:16", "end": "01:02:20", "text": "course and look they're very young"}, {"start": "01:02:18", "end": "01:02:21", "text": "protocols they could also go to zero"}, {"start": "01:02:20", "end": "01:02:23", "text": "that's something you have to always"}, {"start": "01:02:21", "end": "01:02:26", "text": "factor in is that yeah oh f let's send"}, {"start": "01:02:23", "end": "01:02:27", "text": "it to 5 billion let's go or or it's"}, {"start": "01:02:26", "end": "01:02:29", "text": "going to go to zero there's also that"}, {"start": "01:02:27", "end": "01:02:31", "text": "case and you have to keep that case"}, {"start": "01:02:29", "end": "01:02:33", "text": "keenly in mind because it's too easy to"}, {"start": "01:02:31", "end": "01:02:36", "text": "get seduced by that it's going to go up"}, {"start": "01:02:33", "end": "01:02:40", "text": "for everyone."}, {"start": "01:02:36", "end": "01:02:42", "text": "Gourd says ETH to zero. Nah."}, {"start": "01:02:40", "end": "01:02:44", "text": "Nah, but it still might lag on this"}, {"start": "01:02:42", "end": "01:02:47", "text": "cycle."}, {"start": "01:02:44", "end": "01:02:52", "text": "Cardano is king."}, {"start": "01:02:47", "end": "01:02:52", "text": "King of the beards. That's true."}, {"start": "01:03:00", "end": "01:03:03", "text": "Lit."}, {"start": "01:03:05", "end": "01:03:11", "text": "XMR to a thousand. Let's go, Adam."}, {"start": "01:03:09", "end": "01:03:12", "text": "Dude, you gotta come on, talk coins,"}, {"start": "01:03:11", "end": "01:03:14", "text": "man."}, {"start": "01:03:12", "end": "01:03:15", "text": "Guys, go follow Adam. He's great, man."}, {"start": "01:03:14", "end": "01:03:17", "text": "Especially if Especially if you're in"}, {"start": "01:03:15", "end": "01:03:19", "text": "Australia. Got to go follow Adam, dude."}, {"start": "01:03:17", "end": "01:03:20", "text": "You seriously come on. Come on, talk"}, {"start": "01:03:19", "end": "01:03:24", "text": "coins one of these days. I stream most"}, {"start": "01:03:20", "end": "01:03:26", "text": "days uh 3:30 to 4:30. So, come talk come"}, {"start": "01:03:24", "end": "01:03:30", "text": "talk coins, man. Come talk coins. DM me"}, {"start": "01:03:26", "end": "01:03:31", "text": "later. But uh yeah. No, seriously. Come"}, {"start": "01:03:30", "end": "01:03:33", "text": "talk coins. I love it. I want to bring"}, {"start": "01:03:31", "end": "01:03:37", "text": "some more people on these live shows."}, {"start": "01:03:33", "end": "01:03:40", "text": "Hang out, talk, shop, have a good time."}, {"start": "01:03:37", "end": "01:03:42", "text": "Got some ston. Let's go. Stonk to the"}, {"start": "01:03:40", "end": "01:03:43", "text": "moon."}, {"start": "01:03:42", "end": "01:03:45", "text": "Where are we at on this bad boy right"}, {"start": "01:03:43", "end": "01:03:48", "text": "now?"}, {"start": "01:03:45", "end": "01:03:49", "text": "Ah, I might just, you know, might just"}, {"start": "01:03:48", "end": "01:03:52", "text": "have to grab some more. It's one of"}, {"start": "01:03:49", "end": "01:03:53", "text": "these I, you know, gosh darn it. I'm"}, {"start": "01:03:52", "end": "01:03:55", "text": "going to tell this coin, tell a story"}, {"start": "01:03:53", "end": "01:03:57", "text": "900 times about this coin. But, uh, I"}, {"start": "01:03:55", "end": "01:03:59", "text": "literally was looking at it like a 10,"}, {"start": "01:03:57", "end": "01:04:01", "text": "15, 20 million market cap in that range."}, {"start": "01:03:59", "end": "01:04:02", "text": "It was there for like a because like got"}, {"start": "01:04:01", "end": "01:04:04", "text": "to got to research that and as I had to"}, {"start": "01:04:02", "end": "01:04:05", "text": "like put on my note on Friday, okay,"}, {"start": "01:04:04", "end": "01:04:07", "text": "research Monday. You're going to do it,"}, {"start": "01:04:05", "end": "01:04:11", "text": "man."}, {"start": "01:04:07", "end": "01:04:14", "text": "10x over the weekend. Oh boy."}, {"start": "01:04:11", "end": "01:04:18", "text": "Link to $100 billion market cap. Praying"}, {"start": "01:04:14", "end": "01:04:20", "text": "for you, man. Chain link. You know, we"}, {"start": "01:04:18", "end": "01:04:22", "text": "can make jokes about Cardano because"}, {"start": "01:04:20", "end": "01:04:23", "text": "it's become such a [�__�] dumpster fire"}, {"start": "01:04:22", "end": "01:04:24", "text": "of a blockchain. And I wish them well. I"}, {"start": "01:04:23", "end": "01:04:26", "text": "hope that it recovers at some point and"}, {"start": "01:04:24", "end": "01:04:28", "text": "that their eight years of trying to sort"}, {"start": "01:04:26", "end": "01:04:29", "text": "out governance turns into something"}, {"start": "01:04:28", "end": "01:04:30", "text": "meaningful for everybody and the"}, {"start": "01:04:29", "end": "01:04:32", "text": "investors and the community and all that"}, {"start": "01:04:30", "end": "01:04:34", "text": "stuff. I I don't I don't hate on it,"}, {"start": "01:04:32", "end": "01:04:36", "text": "man. I just I just I can't imagine"}, {"start": "01:04:34", "end": "01:04:37", "text": "investing in it in 2026. That's just me"}, {"start": "01:04:36", "end": "01:04:40", "text": "though. Anyway,"}, {"start": "01:04:37", "end": "01:04:42", "text": "something like Chain Link at least is"}, {"start": "01:04:40", "end": "01:04:44", "text": "still after all this time one of the"}, {"start": "01:04:42", "end": "01:04:46", "text": "most used applications in crypto. I know"}, {"start": "01:04:44", "end": "01:04:48", "text": "it's it's middleware. It's not sexy, but"}, {"start": "01:04:46", "end": "01:04:49", "text": "gosh darn it is used. It's used"}, {"start": "01:04:48", "end": "01:04:51", "text": "everywhere, man. and the and the and the"}, {"start": "01:04:49", "end": "01:04:54", "text": "fundamentals behind it have improved"}, {"start": "01:04:51", "end": "01:04:56", "text": "significantly since five years ago. So,"}, {"start": "01:04:54", "end": "01:04:57", "text": "I don't know if it goes hundred billion"}, {"start": "01:04:56", "end": "01:05:01", "text": "dollars, man. But, uh gosh darn it"}, {"start": "01:04:57", "end": "01:05:01", "text": "should certainly go higher."}, {"start": "01:05:07", "end": "01:05:12", "text": "Delta is the meteora of Robin Hood."}, {"start": "01:05:10", "end": "01:05:14", "text": "Maner is the Jupiter of Robin Hood. Up"}, {"start": "01:05:12", "end": "01:05:17", "text": "is the aerodyum of Robin Hood. Do you"}, {"start": "01:05:14", "end": "01:05:19", "text": "agree? Um,"}, {"start": "01:05:17", "end": "01:05:21", "text": "sure."}, {"start": "01:05:19", "end": "01:05:23", "text": "Look, uh, I haven't looked into all them"}, {"start": "01:05:21", "end": "01:05:25", "text": "enough. Actually, I know I looked at a"}, {"start": "01:05:23", "end": "01:05:27", "text": "maner the other day and I ran it through"}, {"start": "01:05:25", "end": "01:05:30", "text": "the I ran it through the agent lark. Let"}, {"start": "01:05:27", "end": "01:05:33", "text": "me just bring it up here. Let me just"}, {"start": "01:05:30", "end": "01:05:34", "text": "bring it up here because um, let's see"}, {"start": "01:05:33", "end": "01:05:36", "text": "what agent Lark had to say. But I"}, {"start": "01:05:34", "end": "01:05:38", "text": "remember run this through agent Lark and"}, {"start": "01:05:36", "end": "01:05:40", "text": "I think it didn't like it, which Agent"}, {"start": "01:05:38", "end": "01:05:42", "text": "Lark's not always right, but um, that's"}, {"start": "01:05:40", "end": "01:05:44", "text": "our AI agent that you can use to filter"}, {"start": "01:05:42", "end": "01:05:46", "text": "out tokens and stuff like this. It's not"}, {"start": "01:05:44", "end": "01:05:48", "text": "always right, man. But, you know,"}, {"start": "01:05:46", "end": "01:05:51", "text": "usually there's enough stuff going on"}, {"start": "01:05:48", "end": "01:05:54", "text": "that it's worth"}, {"start": "01:05:51", "end": "01:05:56", "text": "worth uh taking a chill on. Let's just"}, {"start": "01:05:54", "end": "01:05:59", "text": "bring this up here. Maner is currently"}, {"start": "01:05:56", "end": "01:06:01", "text": "worth $2 million after reaching a high"}, {"start": "01:05:59", "end": "01:06:04", "text": "of $8 million."}, {"start": "01:06:01", "end": "01:06:05", "text": "So, I think what was this? I guess we'll"}, {"start": "01:06:04", "end": "01:06:06", "text": "bring it up again here. We'll bring it"}, {"start": "01:06:05", "end": "01:06:10", "text": "up again. Let's just blast this in here."}, {"start": "01:06:06", "end": "01:06:11", "text": "See what it has to say about it."}, {"start": "01:06:10", "end": "01:06:13", "text": "Do a quick scan and I'll read you the"}, {"start": "01:06:11", "end": "01:06:14", "text": "results when it comes up. Delta have not"}, {"start": "01:06:13", "end": "01:06:16", "text": "looked into. I think it was on our"}, {"start": "01:06:14", "end": "01:06:17", "text": "report today though. I kind of skimmed"}, {"start": "01:06:16", "end": "01:06:19", "text": "through it. Haven't had a chance to dive"}, {"start": "01:06:17", "end": "01:06:21", "text": "in. Always the case, you know, trying to"}, {"start": "01:06:19", "end": "01:06:23", "text": "do juggle 10 different things at the"}, {"start": "01:06:21", "end": "01:06:26", "text": "same time. Create content, invest, and"}, {"start": "01:06:23", "end": "01:06:27", "text": "you know, build new things and all this"}, {"start": "01:06:26", "end": "01:06:30", "text": "sort of spend time with my wife and"}, {"start": "01:06:27", "end": "01:06:31", "text": "kids. Payment Warhammer army, all that"}, {"start": "01:06:30", "end": "01:06:34", "text": "kind of stuff. You know, this is got to"}, {"start": "01:06:31", "end": "01:06:38", "text": "find time to everything."}, {"start": "01:06:34", "end": "01:06:41", "text": "Song to the moon. Let's go. Let's go."}, {"start": "01:06:38", "end": "01:06:42", "text": "I'm ready to, man. I'm ready to better"}, {"start": "01:06:41", "end": "01:06:46", "text": "be better than the last one. Last one"}, {"start": "01:06:42", "end": "01:06:50", "text": "was kind of lame. Okay, here we go. Um,"}, {"start": "01:06:46", "end": "01:06:50", "text": "let's bring this up here for you."}, {"start": "01:06:51", "end": "01:06:53", "text": "Man on Robin Hood. Now, this is"}, {"start": "01:06:52", "end": "01:06:54", "text": "interesting. We got a token that's"}, {"start": "01:06:53", "end": "01:06:56", "text": "actually trying to be something instead"}, {"start": "01:06:54", "end": "01:06:57", "text": "of just another meme coin. The numbers"}, {"start": "01:06:56", "end": "01:06:59", "text": "tell a story, recent pain, but"}, {"start": "01:06:57", "end": "01:07:01", "text": "underlying strength. Uh, real activity"}, {"start": "01:06:59", "end": "01:07:02", "text": "is not just whale games. What's"}, {"start": "01:07:01", "end": "01:07:03", "text": "fascinating here is positioning."}, {"start": "01:07:02", "end": "01:07:04", "text": "Everyone's calling this the Jupiter of"}, {"start": "01:07:03", "end": "01:07:05", "text": "Robin Hood. And honestly, that's"}, {"start": "01:07:04", "end": "01:07:08", "text": "narrative's got legs. Robin Hood chains"}, {"start": "01:07:05", "end": "01:07:09", "text": "Robin's own EVM layer 2 and they need a"}, {"start": "01:07:08", "end": "01:07:11", "text": "native DEX aggregator. remains are"}, {"start": "01:07:09", "end": "01:07:12", "text": "positioning themselves as exactly that,"}, {"start": "01:07:11", "end": "01:07:14", "text": "the go-to swap infrastructure for a"}, {"start": "01:07:12", "end": "01:07:16", "text": "chain backed by a massive traditional"}, {"start": "01:07:14", "end": "01:07:18", "text": "finance player. Liquidity sitting at"}, {"start": "01:07:16", "end": "01:07:20", "text": "half million dollars, which is solid."}, {"start": "01:07:18", "end": "01:07:22", "text": "The pair is 38 days old, so this isn't"}, {"start": "01:07:20", "end": "01:07:23", "text": "overnight rug. Twitter's sentiment"}, {"start": "01:07:22", "end": "01:07:25", "text": "feelings are mixed, but people are"}, {"start": "01:07:23", "end": "01:07:26", "text": "comparing it directly to route and other"}, {"start": "01:07:25", "end": "01:07:28", "text": "aggregators arguing over which one's the"}, {"start": "01:07:26", "end": "01:07:29", "text": "real Jupiter of Robin Hood. The"}, {"start": "01:07:28", "end": "01:07:30", "text": "competitive chatter usually means the"}, {"start": "01:07:29", "end": "01:07:31", "text": "narrative is gaining traction. Here's"}, {"start": "01:07:30", "end": "01:07:32", "text": "the deal. You're betting on Robin Hood"}, {"start": "01:07:31", "end": "01:07:34", "text": "chain adoption, man. You're capturing"}, {"start": "01:07:32", "end": "01:07:36", "text": "that flow. If Robin Hood pushes their"}, {"start": "01:07:34", "end": "01:07:38", "text": "chain hard and users need native DEX"}, {"start": "01:07:36", "end": "01:07:40", "text": "infrastructure, this could run. But"}, {"start": "01:07:38", "end": "01:07:42", "text": "you're also betting on a relatively new"}, {"start": "01:07:40", "end": "01:07:45", "text": "layer two in a crowded market. Here you"}, {"start": "01:07:42", "end": "01:07:46", "text": "go. Not too bad, actually. I see. Maybe"}, {"start": "01:07:45", "end": "01:07:49", "text": "there's a different coin I was thinking"}, {"start": "01:07:46", "end": "01:07:51", "text": "of that that had a more"}, {"start": "01:07:49", "end": "01:07:54", "text": "suspect uh review from the agent, but"}, {"start": "01:07:51", "end": "01:07:55", "text": "the agent's basically saying like uh"}, {"start": "01:07:54", "end": "01:07:57", "text": "it's got legs, but you got you're really"}, {"start": "01:07:55", "end": "01:07:58", "text": "making a very specific bet on whether or"}, {"start": "01:07:57", "end": "01:08:01", "text": "not this is going to be the one to win"}, {"start": "01:07:58", "end": "01:08:03", "text": "or not. So, look at a $2 million market"}, {"start": "01:08:01", "end": "01:08:04", "text": "cap. Massive upside, limited downside,"}, {"start": "01:08:03", "end": "01:08:08", "text": "right? This is the kind of thing where"}, {"start": "01:08:04", "end": "01:08:09", "text": "for 20 grand you get 1% of the supply"}, {"start": "01:08:08", "end": "01:08:11", "text": "and then if it goes to $100 million"}, {"start": "01:08:09", "end": "01:08:14", "text": "market cap, well, [�__�] you. Do the math."}, {"start": "01:08:11", "end": "01:08:17", "text": "You know, it's not bad. The math's not"}, {"start": "01:08:14", "end": "01:08:18", "text": "bad. Let's put it that way. Oh boy. All"}, {"start": "01:08:17", "end": "01:08:19", "text": "right, guys. We're going to finish up"}, {"start": "01:08:18", "end": "01:08:21", "text": "there for the day. You guys are awesome."}, {"start": "01:08:19", "end": "01:08:23", "text": "I appreciate your time as always. Thank"}, {"start": "01:08:21", "end": "01:08:24", "text": "you for coming and joining the stream. I"}, {"start": "01:08:23", "end": "01:08:27", "text": "always have a lot of fun. And I'll see"}, {"start": "01:08:24", "end": "01:08:29", "text": "you back on Wednesday. Wednesday is the"}, {"start": "01:08:27", "end": "01:08:31", "text": "next stream. Okay, we got some uploads"}, {"start": "01:08:29", "end": "01:08:33", "text": "coming, you know, from over the next"}, {"start": "01:08:31", "end": "01:08:37", "text": "couple days here. But um the next stream"}, {"start": "01:08:33", "end": "01:08:38", "text": "will be Wednesday, 3:30 p.m. Dubai. Go"}, {"start": "01:08:37", "end": "01:08:40", "text": "for about an hour, hour and a half,"}, {"start": "01:08:38", "end": "01:08:42", "text": "whatever we're feeling on the day. And"}, {"start": "01:08:40", "end": "01:08:48", "text": "uh that'll be it. I'll see you guys"}, {"start": "01:08:42", "end": "01:08:48", "text": "then. Peace out. Thanks for watching."}, {"start": "01:08:55", "end": "01:08:58", "text": "Oh, there we go. Air."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Everybody out there right now is running"}, {"start": "00:00:01", "end": "00:00:04", "text": "on an old mental model. They're still"}, {"start": "00:00:03", "end": "00:00:06", "text": "trading like it's the tail end of a bare"}, {"start": "00:00:04", "end": "00:00:07", "text": "market where every pump is a trap and"}, {"start": "00:00:06", "end": "00:00:10", "text": "every green candle is your last chance"}, {"start": "00:00:07", "end": "00:00:11", "text": "to get the f out before it goes to zero."}, {"start": "00:00:10", "end": "00:00:14", "text": "You got to update your thinking cuz"}, {"start": "00:00:11", "end": "00:00:15", "text": "again early signs show that we are now"}, {"start": "00:00:14", "end": "00:00:17", "text": "getting out of the bare market and this"}, {"start": "00:00:15", "end": "00:00:19", "text": "is the first stages of the bull market."}, {"start": "00:00:17", "end": "00:00:20", "text": "So therefore that mental model you've"}, {"start": "00:00:19", "end": "00:00:22", "text": "been using is broken because we're not"}, {"start": "00:00:20", "end": "00:00:23", "text": "at the tail end of anything. We're"}, {"start": "00:00:22", "end": "00:00:26", "text": "moving from bare to bull. We're at the"}, {"start": "00:00:23", "end": "00:00:26", "text": "start of something"}]

[{"start": "00:00:00", "end": "00:00:02", "text": "If you guys have been feeling FOMO"}, {"start": "00:00:01", "end": "00:00:04", "text": "recently, been watching all these coins"}, {"start": "00:00:02", "end": "00:00:06", "text": "go from, you know, you missed out on"}, {"start": "00:00:04", "end": "00:00:08", "text": "Flybrain coin. How could you have missed"}, {"start": "00:00:06", "end": "00:00:10", "text": "out on Flybrain coin? What were you"}, {"start": "00:00:08", "end": "00:00:12", "text": "doing? Come on, you could have put in,"}, {"start": "00:00:10", "end": "00:00:14", "text": "you know, $10 and made half a million or"}, {"start": "00:00:12", "end": "00:00:15", "text": "something. And you were well, you were"}, {"start": "00:00:14", "end": "00:00:17", "text": "sleeping. You were sleeping, it's like"}, {"start": "00:00:15", "end": "00:00:18", "text": "expensive sleep, man. Look, I think a"}, {"start": "00:00:17", "end": "00:00:20", "text": "lot of people right now are really"}, {"start": "00:00:18", "end": "00:00:22", "text": "starting to feel the FOMO in crypto. I"}, {"start": "00:00:20", "end": "00:00:24", "text": "want you to listen to this if you're"}, {"start": "00:00:22", "end": "00:00:26", "text": "feeling the FOMO right now because I"}, {"start": "00:00:24", "end": "00:00:28", "text": "understand. I get it. I know where you"}, {"start": "00:00:26", "end": "00:00:30", "text": "are. I know how you're feeling. I"}, {"start": "00:00:28", "end": "00:00:32", "text": "understand the the way things are going."}, {"start": "00:00:30", "end": "00:00:34", "text": "But I want you to understand that 96% of"}, {"start": "00:00:32", "end": "00:00:37", "text": "the people who have bought meme coins in"}, {"start": "00:00:34", "end": "00:00:38", "text": "the last week lost money. The 4% who did"}, {"start": "00:00:37", "end": "00:00:40", "text": "make money, the vast majority of them"}, {"start": "00:00:38", "end": "00:00:41", "text": "only made about 100 bucks. The"}, {"start": "00:00:40", "end": "00:00:42", "text": "screenshots that you're seeing on Crypto"}, {"start": "00:00:41", "end": "00:00:44", "text": "Twitter right now, the ones that make"}, {"start": "00:00:42", "end": "00:00:46", "text": "you feel sick cuz the guy put in 100"}, {"start": "00:00:44", "end": "00:00:47", "text": "bucks and made millions, right? The guy"}, {"start": "00:00:46", "end": "00:00:49", "text": "who turned 1,000 bucks into a million or"}, {"start": "00:00:47", "end": "00:00:53", "text": "whatever it might be. These people are"}, {"start": "00:00:49", "end": "00:00:54", "text": "in the top 1/100 of 1% and more often"}, {"start": "00:00:53", "end": "00:00:56", "text": "than not, this is the truth, those"}, {"start": "00:00:54", "end": "00:00:58", "text": "people knew about the coins before they"}, {"start": "00:00:56", "end": "00:01:00", "text": "had uh you know, everyone else had a"}, {"start": "00:00:58", "end": "00:01:01", "text": "chance to buy them cuz there's quarter"}, {"start": "00:01:00", "end": "00:01:03", "text": "million coins launched today. How can"}, {"start": "00:01:01", "end": "00:01:05", "text": "you pick the right one? So, if you're"}, {"start": "00:01:03", "end": "00:01:06", "text": "feeling the crypto FOMO right now, if"}, {"start": "00:01:05", "end": "00:01:07", "text": "you're sitting there with your finger"}, {"start": "00:01:06", "end": "00:01:08", "text": "over the buy button on something that"}, {"start": "00:01:07", "end": "00:01:09", "text": "you heard about 40 minutes ago and you"}, {"start": "00:01:08", "end": "00:01:10", "text": "have no idea what the heck it is, you"}, {"start": "00:01:09", "end": "00:01:12", "text": "haven't done any research, you know, you"}, {"start": "00:01:10", "end": "00:01:13", "text": "don't understand it at all, I want you"}, {"start": "00:01:12", "end": "00:01:16", "text": "to think about this before you press the"}, {"start": "00:01:13", "end": "00:01:17", "text": "buy button. Because there's two things"}, {"start": "00:01:16", "end": "00:01:19", "text": "that kind of sound like they contradict"}, {"start": "00:01:17", "end": "00:01:21", "text": "each other, but they don't. The first is"}, {"start": "00:01:19", "end": "00:01:23", "text": "that you are not late to the crypto"}, {"start": "00:01:21", "end": "00:01:24", "text": "cycle right now. Early indicators are"}, {"start": "00:01:23", "end": "00:01:25", "text": "showing that the bear market is ending,"}, {"start": "00:01:24", "end": "00:01:26", "text": "the bull market is beginning, which"}, {"start": "00:01:25", "end": "00:01:29", "text": "means you're still early. The second is"}, {"start": "00:01:26", "end": "00:01:32", "text": "that the thing you're about to buy is"}, {"start": "00:01:29", "end": "00:01:34", "text": "almost certainly the wrong way to prove"}, {"start": "00:01:32", "end": "00:01:35", "text": "that, right? So, let's start with the"}, {"start": "00:01:34", "end": "00:01:36", "text": "kind of what you probably don't really"}, {"start": "00:01:35", "end": "00:01:38", "text": "want to hear. Meme coins are not really"}, {"start": "00:01:36", "end": "00:01:40", "text": "investments. They're a game of attention"}, {"start": "00:01:38", "end": "00:01:42", "text": "and rotation and I play that game, but"}, {"start": "00:01:40", "end": "00:01:43", "text": "with very tiny amounts of money cuz I'm"}, {"start": "00:01:42", "end": "00:01:45", "text": "interested in it, but I wouldn't risk"}, {"start": "00:01:43", "end": "00:01:46", "text": "any [�__�] serious capital. The money"}, {"start": "00:01:45", "end": "00:01:48", "text": "flows to where all the eyeballs are and"}, {"start": "00:01:46", "end": "00:01:49", "text": "it stays for just a few hours and it"}, {"start": "00:01:48", "end": "00:01:50", "text": "rotates on to the next thing, which"}, {"start": "00:01:49", "end": "00:01:51", "text": "means the entire structure of the game"}, {"start": "00:01:50", "end": "00:01:54", "text": "is that you're supposed to hear about it"}, {"start": "00:01:51", "end": "00:01:56", "text": "late. That's not a bug, that's how the"}, {"start": "00:01:54", "end": "00:01:58", "text": "wallets that are posting about it, they"}, {"start": "00:01:56", "end": "00:02:00", "text": "need you to be exit liquidity. By the"}, {"start": "00:01:58", "end": "00:02:01", "text": "time it hits your feed, by the time"}, {"start": "00:02:00", "end": "00:02:03", "text": "everybody's talking about it, it's"}, {"start": "00:02:01", "end": "00:02:04", "text": "already done the move and your buy is"}, {"start": "00:02:03", "end": "00:02:06", "text": "designed to give other people the"}, {"start": "00:02:04", "end": "00:02:08", "text": "ability to get the [�__�] out and dump it"}, {"start": "00:02:06", "end": "00:02:10", "text": "on your ass. Person bought it 40 minutes"}, {"start": "00:02:08", "end": "00:02:12", "text": "before you did. Crypto Twitter largely"}, {"start": "00:02:10", "end": "00:02:14", "text": "is museum of last night's winners and a"}, {"start": "00:02:12", "end": "00:02:15", "text": "factory for tonight's exit liquidity."}, {"start": "00:02:14", "end": "00:02:17", "text": "You need to think of it like this. Same"}, {"start": "00:02:15", "end": "00:02:19", "text": "people, different coin every single day."}, {"start": "00:02:17", "end": "00:02:21", "text": "It's uh pretty industrialized at this"}, {"start": "00:02:19", "end": "00:02:23", "text": "point. But the percentage of winners,"}, {"start": "00:02:21", "end": "00:02:25", "text": "it's not bearish propaganda. It's kind"}, {"start": "00:02:23", "end": "00:02:26", "text": "of the house edge of casino speed"}, {"start": "00:02:25", "end": "00:02:28", "text": "markets. You see, you're not really the"}, {"start": "00:02:26", "end": "00:02:29", "text": "exception because you understand the"}, {"start": "00:02:28", "end": "00:02:31", "text": "narrative. Everybody who got wrecked"}, {"start": "00:02:29", "end": "00:02:32", "text": "understood the narrative, too. They just"}, {"start": "00:02:31", "end": "00:02:33", "text": "understood it at a little bit of later"}, {"start": "00:02:32", "end": "00:02:35", "text": "time than the wallet that's posting the"}, {"start": "00:02:33", "end": "00:02:37", "text": "green screenshot. I want you to hold on"}, {"start": "00:02:35", "end": "00:02:39", "text": "to that thought for a second because the"}, {"start": "00:02:37", "end": "00:02:41", "text": "meme coin FOMO that's going on right now"}, {"start": "00:02:39", "end": "00:02:43", "text": "is only about half what's going on right"}, {"start": "00:02:41", "end": "00:02:44", "text": "now. The other half is kind of"}, {"start": "00:02:43", "end": "00:02:46", "text": "uh quieter and maybe even hurts more."}, {"start": "00:02:44", "end": "00:02:48", "text": "It's There's a huge group of people who"}, {"start": "00:02:46", "end": "00:02:51", "text": "got told by their favorite influencer"}, {"start": "00:02:48", "end": "00:02:53", "text": "that Bitcoin was going to $30,000 in 4"}, {"start": "00:02:51", "end": "00:02:55", "text": "weeks. They sold, they sat in cash, and"}, {"start": "00:02:53", "end": "00:02:57", "text": "they've now waited for a pull back that"}, {"start": "00:02:55", "end": "00:02:59", "text": "has not come. Now they're watching"}, {"start": "00:02:57", "end": "00:03:01", "text": "people making millions of dollars on"}, {"start": "00:02:59", "end": "00:03:02", "text": "effing meme coins while billions of"}, {"start": "00:03:01", "end": "00:03:03", "text": "dollars still sit on the sidelines"}, {"start": "00:03:02", "end": "00:03:05", "text": "waiting for a dip that keeps not showing"}, {"start": "00:03:03", "end": "00:03:06", "text": "up. They could have bought at 60 and the"}, {"start": "00:03:05", "end": "00:03:07", "text": "mental anguish knowing that you could"}, {"start": "00:03:06", "end": "00:03:10", "text": "have bought at 60, but now it's, you"}, {"start": "00:03:07", "end": "00:03:11", "text": "know, mid-70s or whatever, effs people"}, {"start": "00:03:10", "end": "00:03:12", "text": "up. If it does go back to 60, then"}, {"start": "00:03:11", "end": "00:03:13", "text": "they're going to believe it's going down"}, {"start": "00:03:12", "end": "00:03:15", "text": "to 40 again. That the 4-year cycle"}, {"start": "00:03:13", "end": "00:03:15", "text": "prophecy will be completed. And then"}, {"start": "00:03:15", "end": "00:03:17", "text": "there's the group that probably hurts"}, {"start": "00:03:15", "end": "00:03:20", "text": "the most, and if this is you, I I see"}, {"start": "00:03:17", "end": "00:03:22", "text": "you. I see you, okay? You sold your bags"}, {"start": "00:03:20", "end": "00:03:25", "text": "too early. You're still in bear market"}, {"start": "00:03:22", "end": "00:03:26", "text": "mode. 20% gains, let's effing go. Feel"}, {"start": "00:03:25", "end": "00:03:28", "text": "smart in the moment and then you watch"}, {"start": "00:03:26", "end": "00:03:30", "text": "it go up a thousand percent, 30 [�__�]"}, {"start": "00:03:28", "end": "00:03:32", "text": "X without you. I've seen a lot of posts"}, {"start": "00:03:30", "end": "00:03:33", "text": "like that. That's not a moral failure,"}, {"start": "00:03:32", "end": "00:03:35", "text": "okay? So say that out loud if you need"}, {"start": "00:03:33", "end": "00:03:37", "text": "to. Taking profit and watching it run is"}, {"start": "00:03:35", "end": "00:03:38", "text": "tuition and it's not proof that you're"}, {"start": "00:03:37", "end": "00:03:40", "text": "cursed. The market is allowed to go up"}, {"start": "00:03:38", "end": "00:03:42", "text": "farther than your thesis. Your job was"}, {"start": "00:03:40", "end": "00:03:44", "text": "never to catch the top. Your job is to"}, {"start": "00:03:42", "end": "00:03:46", "text": "still have capital when it does the"}, {"start": "00:03:44", "end": "00:03:47", "text": "opposite, okay? If you're an American,"}, {"start": "00:03:46", "end": "00:03:49", "text": "this is for you. Offshore crypto"}, {"start": "00:03:47", "end": "00:03:51", "text": "platforms, some of them are ticking time"}, {"start": "00:03:49", "end": "00:03:53", "text": "bomb. Trading perpetual swaps through"}, {"start": "00:03:51", "end": "00:03:55", "text": "VPNs is asking for frozen assets. That"}, {"start": "00:03:53", "end": "00:03:57", "text": "nonsense is officially over. See,"}, {"start": "00:03:55", "end": "00:03:59", "text": "longing and shorting crypto now 100%"}, {"start": "00:03:57", "end": "00:04:02", "text": "legal on US soil thanks to Hal She,"}, {"start": "00:03:59", "end": "00:04:04", "text": "fully regulated by the CFTC with direct"}, {"start": "00:04:02", "end": "00:04:05", "text": "US bank rails and up to 6X leverage on"}, {"start": "00:04:04", "end": "00:04:07", "text": "all your favorite coins like Bitcoin,"}, {"start": "00:04:05", "end": "00:04:09", "text": "Ethereum, and Solana. Zero workarounds,"}, {"start": "00:04:07", "end": "00:04:11", "text": "zero BS, zero offshore counterparty"}, {"start": "00:04:09", "end": "00:04:13", "text": "risk. Look, most venues will also bleed"}, {"start": "00:04:11", "end": "00:04:15", "text": "you dry on the fees. But, when you sign"}, {"start": "00:04:13", "end": "00:04:16", "text": "up using the link down below, and this"}, {"start": "00:04:15", "end": "00:04:17", "text": "is exclusive, when you use that link"}, {"start": "00:04:16", "end": "00:04:19", "text": "down below, you're not going to get this"}, {"start": "00:04:17", "end": "00:04:22", "text": "deal anywhere else, you instantly lock"}, {"start": "00:04:19", "end": "00:04:24", "text": "in a rock bottom 0.01%"}, {"start": "00:04:22", "end": "00:04:25", "text": "fee tier. That's crazy. Keeping pure"}, {"start": "00:04:24", "end": "00:04:28", "text": "profit in your account. Better yet,"}, {"start": "00:04:25", "end": "00:04:30", "text": "better. Trade $50, which is like one"}, {"start": "00:04:28", "end": "00:04:32", "text": "trade, and you get 25 bucks for free."}, {"start": "00:04:30", "end": "00:04:33", "text": "That's an immediate 50% return before"}, {"start": "00:04:32", "end": "00:04:35", "text": "you even place a winning trade. Hit the"}, {"start": "00:04:33", "end": "00:04:37", "text": "link down below, grab your free 25"}, {"start": "00:04:35", "end": "00:04:40", "text": "bucks, and you can long and short crypto"}, {"start": "00:04:37", "end": "00:04:42", "text": "legally. No problems, no BS. Go get it."}, {"start": "00:04:40", "end": "00:04:43", "text": "I left money on the table is how solvent"}, {"start": "00:04:42", "end": "00:04:45", "text": "people talk. I have to get back in there"}, {"start": "00:04:43", "end": "00:04:47", "text": "right now is how they stop being"}, {"start": "00:04:45", "end": "00:04:48", "text": "solvent. Just so you understand that."}, {"start": "00:04:47", "end": "00:04:50", "text": "But, here's kind of where all these kind"}, {"start": "00:04:48", "end": "00:04:52", "text": "of thing every Everybody in these groups"}, {"start": "00:04:50", "end": "00:04:53", "text": "have in common. And this is uh probably"}, {"start": "00:04:52", "end": "00:04:56", "text": "the most important message if you're"}, {"start": "00:04:53", "end": "00:04:57", "text": "feeling the FOMO right now, okay?"}, {"start": "00:04:56", "end": "00:04:58", "text": "Everybody out there right now is running"}, {"start": "00:04:57", "end": "00:05:00", "text": "on an old mental model. They're still"}, {"start": "00:04:58", "end": "00:05:02", "text": "trading like it's the tail end of a bear"}, {"start": "00:05:00", "end": "00:05:03", "text": "market, where every pump is a trap, and"}, {"start": "00:05:02", "end": "00:05:06", "text": "every green candle's your last chance to"}, {"start": "00:05:03", "end": "00:05:07", "text": "get the F out before it goes to zero."}, {"start": "00:05:06", "end": "00:05:10", "text": "You got to update your thinking. Cuz"}, {"start": "00:05:07", "end": "00:05:12", "text": "again, early signs show that we are"}, {"start": "00:05:10", "end": "00:05:13", "text": "now getting out of the bear market, and"}, {"start": "00:05:12", "end": "00:05:15", "text": "this is the first stages of the bull"}, {"start": "00:05:13", "end": "00:05:17", "text": "market. So, therefore, that mental model"}, {"start": "00:05:15", "end": "00:05:19", "text": "you've been using is broken because"}, {"start": "00:05:17", "end": "00:05:20", "text": "we're not at the tail end of anything."}, {"start": "00:05:19", "end": "00:05:23", "text": "We're moving from bear to bull. We're at"}, {"start": "00:05:20", "end": "00:05:25", "text": "the start of something new. Bitcoin's"}, {"start": "00:05:23", "end": "00:05:27", "text": "under $100,000, Solana's still 60% below"}, {"start": "00:05:25", "end": "00:05:30", "text": "its all-time high. Pump's still down"}, {"start": "00:05:27", "end": "00:05:32", "text": "50%. Like, look, this is not what late"}, {"start": "00:05:30", "end": "00:05:33", "text": "looks like. Late is when gains stop"}, {"start": "00:05:32", "end": "00:05:35", "text": "cycling back on chain, everything's"}, {"start": "00:05:33", "end": "00:05:36", "text": "already run. Late's when Bitcoin's 250K,"}, {"start": "00:05:35", "end": "00:05:38", "text": "and Pump's gone up 20X and all that kind"}, {"start": "00:05:36", "end": "00:05:39", "text": "of stuff, right? This is still pretty"}, {"start": "00:05:38", "end": "00:05:41", "text": "early in the cycle. Won't be early"}, {"start": "00:05:39", "end": "00:05:42", "text": "forever, but right now you are early."}, {"start": "00:05:41", "end": "00:05:45", "text": "What you're looking at right now is a"}, {"start": "00:05:42", "end": "00:05:46", "text": "buyer's market for most of the quality"}, {"start": "00:05:45", "end": "00:05:47", "text": "coins. I'm not saying go out and spend"}, {"start": "00:05:46", "end": "00:05:48", "text": "all your money on [�__�] dog coins or"}, {"start": "00:05:47", "end": "00:05:49", "text": "cat coins. You can play that game if you"}, {"start": "00:05:48", "end": "00:05:51", "text": "want with a tiny tiny fraction of your"}, {"start": "00:05:49", "end": "00:05:53", "text": "money. But a lot of quality coins out"}, {"start": "00:05:51", "end": "00:05:55", "text": "there, hyper liquid and pump and all"}, {"start": "00:05:53", "end": "00:05:57", "text": "this kind of stuff. The only reason it"}, {"start": "00:05:55", "end": "00:05:58", "text": "doesn't feel like that's a great"}, {"start": "00:05:57", "end": "00:06:00", "text": "opportunity is cuz you see all these"}, {"start": "00:05:58", "end": "00:06:01", "text": "effing meme coin screenshots and they"}, {"start": "00:06:00", "end": "00:06:03", "text": "feel louder than the charts like gosh, I"}, {"start": "00:06:01", "end": "00:06:05", "text": "need to be gamble hyper gambling here"}, {"start": "00:06:03", "end": "00:06:07", "text": "because I saw this [�__�] turn, you"}, {"start": "00:06:05", "end": "00:06:08", "text": "know, five bucks into five million. That"}, {"start": "00:06:07", "end": "00:06:10", "text": "is such an exceptional thing and again,"}, {"start": "00:06:08", "end": "00:06:11", "text": "that person's probably an insider. You"}, {"start": "00:06:10", "end": "00:06:13", "text": "got to start believing things again. I"}, {"start": "00:06:11", "end": "00:06:15", "text": "really mean that. Now is the time to buy"}, {"start": "00:06:13", "end": "00:06:17", "text": "and hold stuff. Lot of high quality all"}, {"start": "00:06:15", "end": "00:06:18", "text": "coins out there. You know, pump lighter"}, {"start": "00:06:17", "end": "00:06:21", "text": "hype, uni swap, and just dozens of"}, {"start": "00:06:18", "end": "00:06:23", "text": "others. Probably maybe 200 investable"}, {"start": "00:06:21", "end": "00:06:24", "text": "assets in crypto, maybe 100, but let's"}, {"start": "00:06:23", "end": "00:06:26", "text": "they're they are they're investable and"}, {"start": "00:06:24", "end": "00:06:28", "text": "they're going to do great returns."}, {"start": "00:06:26", "end": "00:06:30", "text": "They're going to do 5 10 20x moves from"}, {"start": "00:06:28", "end": "00:06:32", "text": "here. Maybe some of them more. And the"}, {"start": "00:06:30", "end": "00:06:34", "text": "way that you play that is really boring,"}, {"start": "00:06:32", "end": "00:06:36", "text": "which is why nobody does it cuz it's not"}, {"start": "00:06:34", "end": "00:06:37", "text": "exciting. It's not social trading on"}, {"start": "00:06:36", "end": "00:06:39", "text": "some app. It's not, you know,"}, {"start": "00:06:37", "end": "00:06:41", "text": "screenshotable like look, I turned a"}, {"start": "00:06:39", "end": "00:06:42", "text": "thousand bucks into a million in two"}, {"start": "00:06:41", "end": "00:06:44", "text": "hours. You make a watch list of the"}, {"start": "00:06:42", "end": "00:06:46", "text": "strongest projects. You add on dips. You"}, {"start": "00:06:44", "end": "00:06:47", "text": "know, you don't dump your uni swap to"}, {"start": "00:06:46", "end": "00:06:49", "text": "chase the green candle on a Robinhood"}, {"start": "00:06:47", "end": "00:06:50", "text": "chain coin that's going to be red by the"}, {"start": "00:06:49", "end": "00:06:51", "text": "time your transaction confirms, okay?"}, {"start": "00:06:50", "end": "00:06:54", "text": "You got to think about this. Zero"}, {"start": "00:06:51", "end": "00:06:56", "text": "patience and constant rotation is how a"}, {"start": "00:06:54", "end": "00:06:57", "text": "lot of people get churned out in a bull"}, {"start": "00:06:56", "end": "00:06:59", "text": "market and end up making [�__�] all money"}, {"start": "00:06:57", "end": "00:07:01", "text": "or even lose money. Now look, I know"}, {"start": "00:06:59", "end": "00:07:03", "text": "what you're thinking. That's great,"}, {"start": "00:07:01", "end": "00:07:06", "text": "Lark, but I already bought the top."}, {"start": "00:07:03", "end": "00:07:07", "text": "I know. I know. I know. Look, you don't"}, {"start": "00:07:06", "end": "00:07:09", "text": "need to average the pain away either."}, {"start": "00:07:07", "end": "00:07:11", "text": "Just see you feel like a holder. Either"}, {"start": "00:07:09", "end": "00:07:12", "text": "the thesis that you bought is still"}, {"start": "00:07:11", "end": "00:07:14", "text": "intact at a smaller size or you're"}, {"start": "00:07:12", "end": "00:07:15", "text": "paying extra for the same mistake."}, {"start": "00:07:14", "end": "00:07:17", "text": "Something to think about. Because that"}, {"start": "00:07:15", "end": "00:07:19", "text": "FOMO will really mess up with with your"}, {"start": "00:07:17", "end": "00:07:20", "text": "head and then the equal side that sort"}, {"start": "00:07:19", "end": "00:07:22", "text": "of regret will mess with your head, you"}, {"start": "00:07:20", "end": "00:07:23", "text": "know, the selling too early or the"}, {"start": "00:07:22", "end": "00:07:25", "text": "buying something and then it goes down"}, {"start": "00:07:23", "end": "00:07:26", "text": "and like then you're like,"}, {"start": "00:07:25", "end": "00:07:27", "text": "I don't want to be wrong. I don't want"}, {"start": "00:07:26", "end": "00:07:28", "text": "to admit that I was wrong. And clicking"}, {"start": "00:07:27", "end": "00:07:30", "text": "the sell button admits that I was wrong."}, {"start": "00:07:28", "end": "00:07:32", "text": "Sometimes you're wrong. I'm wrong"}, {"start": "00:07:30", "end": "00:07:35", "text": "frequently. And it sucks to take that"}, {"start": "00:07:32", "end": "00:07:38", "text": "kick in the balls and go, you know what?"}, {"start": "00:07:35", "end": "00:07:39", "text": "I guess I have to sell."}, {"start": "00:07:38", "end": "00:07:40", "text": "Yeah."}, {"start": "00:07:39", "end": "00:07:42", "text": "Here's something to think about before"}, {"start": "00:07:40", "end": "00:07:43", "text": "you, uh, you know, run your next trade,"}, {"start": "00:07:42", "end": "00:07:44", "text": "buy your next meme coin, whatever it is."}, {"start": "00:07:43", "end": "00:07:46", "text": "Try to separate your feelings a bit from"}, {"start": "00:07:44", "end": "00:07:48", "text": "the trade. You know, the feeling's"}, {"start": "00:07:46", "end": "00:07:50", "text": "always going to say one thing, right?"}, {"start": "00:07:48", "end": "00:07:51", "text": "I'm late, whatever [�__�] right? But"}, {"start": "00:07:50", "end": "00:07:52", "text": "if you're still going to just a trade,"}, {"start": "00:07:51", "end": "00:07:54", "text": "not emotional trade, you got to ask,"}, {"start": "00:07:52", "end": "00:07:56", "text": "\"What's your edge from this price action"}, {"start": "00:07:54", "end": "00:07:57", "text": "at this size and after this much"}, {"start": "00:07:56", "end": "00:07:59", "text": "tension?\" If you can't answer that"}, {"start": "00:07:57", "end": "00:08:01", "text": "question and very clearly, then you're"}, {"start": "00:07:59", "end": "00:08:02", "text": "not investing, you're buying relief. Oh,"}, {"start": "00:08:01", "end": "00:08:04", "text": "I messed up, now I can buy some finally."}, {"start": "00:08:02", "end": "00:08:06", "text": "Now, now it's okay. For a few minutes"}, {"start": "00:08:04", "end": "00:08:07", "text": "until the price dumps 50%. Then it"}, {"start": "00:08:06", "end": "00:08:08", "text": "doesn't feel so relieving, does it?"}, {"start": "00:08:07", "end": "00:08:11", "text": "Yeah, you scratched your FOMO itch, but"}, {"start": "00:08:08", "end": "00:08:12", "text": "what? You lost half your money."}, {"start": "00:08:11", "end": "00:08:15", "text": "That ain't how it's done, man. It ain't"}, {"start": "00:08:12", "end": "00:08:16", "text": "how it's done. Okay? So, look. I"}, {"start": "00:08:15", "end": "00:08:17", "text": "understand things have been pretty crazy"}, {"start": "00:08:16", "end": "00:08:18", "text": "recently in the markets, but don't let"}, {"start": "00:08:17", "end": "00:08:20", "text": "it get to your brain. Don't let it make"}, {"start": "00:08:18", "end": "00:08:24", "text": "you start making stupid mistakes because"}, {"start": "00:08:20", "end": "00:08:25", "text": "it's really easy to let that happen."}, {"start": "00:08:24", "end": "00:08:28", "text": "Okay. There's your public service"}, {"start": "00:08:25", "end": "00:08:28", "text": "announcement from Uncle Lark."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "There was no reason for you to hold that"}, {"start": "00:00:01", "end": "00:00:04", "text": "token. All the fees went to liquidity"}, {"start": "00:00:02", "end": "00:00:06", "text": "providers, nothing to holders. People"}, {"start": "00:00:04", "end": "00:00:07", "text": "called it dead money, the stupidest"}, {"start": "00:00:06", "end": "00:00:09", "text": "thing you could buy in the market. Then,"}, {"start": "00:00:07", "end": "00:00:11", "text": "of course, December last year the Dow"}, {"start": "00:00:09", "end": "00:00:12", "text": "voted, they flipped the fee switch. They"}, {"start": "00:00:11", "end": "00:00:14", "text": "were flipped on flipped on more"}, {"start": "00:00:12", "end": "00:00:16", "text": "recently, but they voted to flip it on."}, {"start": "00:00:14", "end": "00:00:18", "text": "They at this time also burned 100"}, {"start": "00:00:16", "end": "00:00:20", "text": "million UNI, 16% of the supply, all in"}, {"start": "00:00:18", "end": "00:00:21", "text": "one move. Now, of course, there's an"}, {"start": "00:00:20", "end": "00:00:23", "text": "automated on-chain buyback and burn"}, {"start": "00:00:21", "end": "00:00:25", "text": "engine running continuously off of swap"}, {"start": "00:00:23", "end": "00:00:26", "text": "fees. So, this was the token that"}, {"start": "00:00:25", "end": "00:00:28", "text": "everybody left for dead. And it's just"}, {"start": "00:00:26", "end": "00:00:29", "text": "become one of the biggest buyback"}, {"start": "00:00:28", "end": "00:00:32", "text": "machines in DeFi, particularly because"}, {"start": "00:00:29", "end": "00:00:35", "text": "of the Robinhood chain. It's always"}, {"start": "00:00:32", "end": "00:00:35", "text": "about Robinhood, isn't it?"}]

[{"start": "00:00:00", "end": "00:00:04", "text": "So, I want to talk about something"}, {"start": "00:00:01", "end": "00:00:07", "text": "really interesting and I think that is"}, {"start": "00:00:04", "end": "00:00:08", "text": "uh the number one crypto meta, the"}, {"start": "00:00:07", "end": "00:00:10", "text": "number one crypto play of the cycle."}, {"start": "00:00:08", "end": "00:00:13", "text": "Essentially, the best altcoins to own"}, {"start": "00:00:10", "end": "00:00:15", "text": "for the cycle because you're seeing"}, {"start": "00:00:13", "end": "00:00:16", "text": "already very very clear winners showing"}, {"start": "00:00:15", "end": "00:00:19", "text": "up. And I think those clear winners are"}, {"start": "00:00:16", "end": "00:00:21", "text": "going to keep winning. You see, because"}, {"start": "00:00:19", "end": "00:00:22", "text": "right now, basically, you've got crypto"}, {"start": "00:00:21", "end": "00:00:24", "text": "protocols out here buying back their own"}, {"start": "00:00:22", "end": "00:00:26", "text": "tokens every single day. They're using"}, {"start": "00:00:24", "end": "00:00:29", "text": "real trading fees from real users and"}, {"start": "00:00:26", "end": "00:00:32", "text": "then torching supply in public on chain."}, {"start": "00:00:29", "end": "00:00:33", "text": "Stonk fun, pawns, pump fun, and many,"}, {"start": "00:00:32", "end": "00:00:35", "text": "many others are doing that hyperlquid."}, {"start": "00:00:33", "end": "00:00:37", "text": "And that's great because we've had so"}, {"start": "00:00:35", "end": "00:00:40", "text": "many years of just promises and [�__�]"}, {"start": "00:00:37", "end": "00:00:42", "text": "and white papers and whatever. Now we"}, {"start": "00:00:40", "end": "00:00:44", "text": "have things that are real and verifiable"}, {"start": "00:00:42", "end": "00:00:45", "text": "on chain, like actual percentage of"}, {"start": "00:00:44", "end": "00:00:47", "text": "supply being gobbled up on a regular"}, {"start": "00:00:45", "end": "00:00:48", "text": "basis, and it's happening hour by hour,"}, {"start": "00:00:47", "end": "00:00:50", "text": "day by day. You pull up the dashboards"}, {"start": "00:00:48", "end": "00:00:51", "text": "yourself for the stuff and see it. And I"}, {"start": "00:00:50", "end": "00:00:52", "text": "think there's a whole category of"}, {"start": "00:00:51", "end": "00:00:54", "text": "altcoins here, and I'll give you some"}, {"start": "00:00:52", "end": "00:00:55", "text": "names specifically, but you know,"}, {"start": "00:00:54", "end": "00:00:56", "text": "Hyperliquid, of course, is one of the"}, {"start": "00:00:55", "end": "00:00:58", "text": "big ones. They funneled over a billion"}, {"start": "00:00:56", "end": "00:00:59", "text": "dollars of trading fees into buying"}, {"start": "00:00:58", "end": "00:01:01", "text": "their own token off the open market."}, {"start": "00:00:59", "end": "00:01:04", "text": "Pump Fund has burned almost $400"}, {"start": "00:01:01", "end": "00:01:05", "text": "million. Unis swap, look, I was one of"}, {"start": "00:01:04", "end": "00:01:07", "text": "the biggest vocal critics of Unis swap"}, {"start": "00:01:05", "end": "00:01:09", "text": "cuz it was a [�__�] [�__�] valueless"}, {"start": "00:01:07", "end": "00:01:11", "text": "governance token for years and then they"}, {"start": "00:01:09", "end": "00:01:13", "text": "didn't. They flipped the switch and"}, {"start": "00:01:11", "end": "00:01:14", "text": "guess what? Now it's a revenue token."}, {"start": "00:01:13", "end": "00:01:16", "text": "May not be one of the best revenue"}, {"start": "00:01:14", "end": "00:01:18", "text": "tokens if you look at uh the metrics,"}, {"start": "00:01:16", "end": "00:01:19", "text": "but you know, it's still revenue token."}, {"start": "00:01:18", "end": "00:01:21", "text": "This is the trade that I think look,"}, {"start": "00:01:19", "end": "00:01:22", "text": "people are talking about it, but maybe"}, {"start": "00:01:21", "end": "00:01:23", "text": "not in the right way because there's a"}, {"start": "00:01:22", "end": "00:01:25", "text": "huge opportunity. There's a lot of"}, {"start": "00:01:23", "end": "00:01:26", "text": "narratives people are still chasing, but"}, {"start": "00:01:25", "end": "00:01:28", "text": "the smart money is really just looking"}, {"start": "00:01:26", "end": "00:01:31", "text": "at all this and asking one question."}, {"start": "00:01:28", "end": "00:01:33", "text": "Does this thing buy back its own bag"}, {"start": "00:01:31", "end": "00:01:35", "text": "with real revenue? Finally, there is a"}, {"start": "00:01:33", "end": "00:01:37", "text": "reason to own some of these crypto"}, {"start": "00:01:35", "end": "00:01:38", "text": "tokens. They're not all just [�__�] coins."}, {"start": "00:01:37", "end": "00:01:39", "text": "So, if yes, that's the list and that's"}, {"start": "00:01:38", "end": "00:01:41", "text": "what we're going to talk about. So,"}, {"start": "00:01:39", "end": "00:01:43", "text": "let's talk about that list niche by"}, {"start": "00:01:41", "end": "00:01:44", "text": "niche. Number one and number two in each"}, {"start": "00:01:43", "end": "00:01:47", "text": "of these according to me in my opinion,"}, {"start": "00:01:44", "end": "00:01:49", "text": "right? Every cycle there's a meta. 2021"}, {"start": "00:01:47", "end": "00:01:50", "text": "was yield farming for its own sake. You"}, {"start": "00:01:49", "end": "00:01:52", "text": "deposit money, you get more tokens is"}, {"start": "00:01:50", "end": "00:01:53", "text": "all Ponomics [�__�] This cycle has"}, {"start": "00:01:52", "end": "00:01:55", "text": "been quite different. This cycle, the"}, {"start": "00:01:53", "end": "00:01:56", "text": "question is where does the money"}, {"start": "00:01:55", "end": "00:01:58", "text": "actually go? Investors are demanding"}, {"start": "00:01:56", "end": "00:01:59", "text": "more in crypto, especially crypto naves"}, {"start": "00:01:58", "end": "00:02:00", "text": "who have been around for a while. The"}, {"start": "00:01:59", "end": "00:02:03", "text": "answer for a growing list of protocols"}, {"start": "00:02:00", "end": "00:02:04", "text": "right now. It goes to buy the token off"}, {"start": "00:02:03", "end": "00:02:06", "text": "the open market and take it out of"}, {"start": "00:02:04", "end": "00:02:08", "text": "circulation forever. That's not a"}, {"start": "00:02:06", "end": "00:02:10", "text": "governance right or some promise of"}, {"start": "00:02:08", "end": "00:02:12", "text": "being able to do some [�__�] Not a"}, {"start": "00:02:10", "end": "00:02:14", "text": "utility. This is a mechanism that works"}, {"start": "00:02:12", "end": "00:02:16", "text": "every day exactly like a corporate stock"}, {"start": "00:02:14", "end": "00:02:18", "text": "buyback. Less supply, same or growing"}, {"start": "00:02:16", "end": "00:02:20", "text": "demand. And if it's real revenue funding"}, {"start": "00:02:18", "end": "00:02:22", "text": "it, which in most cases it is, it"}, {"start": "00:02:20", "end": "00:02:23", "text": "doesn't stop when the hype dies down."}, {"start": "00:02:22", "end": "00:02:24", "text": "Look at Hyperlid throughout the bare"}, {"start": "00:02:23", "end": "00:02:26", "text": "market. They just kept burning. So,"}, {"start": "00:02:24", "end": "00:02:28", "text": "here's the play. Find the niche that's"}, {"start": "00:02:26", "end": "00:02:29", "text": "about to explode or find the leaders in"}, {"start": "00:02:28", "end": "00:02:31", "text": "those. Get the number one or number two"}, {"start": "00:02:29", "end": "00:02:33", "text": "buyback engines inside of those niches"}, {"start": "00:02:31", "end": "00:02:34", "text": "and then just wait and hold cuz they're"}, {"start": "00:02:33", "end": "00:02:36", "text": "probably going to be the best performing"}, {"start": "00:02:34", "end": "00:02:38", "text": "metas of this entire cycle. So, let's go"}, {"start": "00:02:36", "end": "00:02:39", "text": "with sector by sector. Perpetual swaps,"}, {"start": "00:02:38", "end": "00:02:41", "text": "ground zero for the whole meta really."}, {"start": "00:02:39", "end": "00:02:43", "text": "Hyperlid basically invented the modern"}, {"start": "00:02:41", "end": "00:02:45", "text": "version of the aggressive buyback."}, {"start": "00:02:43", "end": "00:02:47", "text": "Historically routing something like 97%"}, {"start": "00:02:45", "end": "00:02:48", "text": "of their protocol fee straight back into"}, {"start": "00:02:47", "end": "00:02:50", "text": "buying hype off the open market through"}, {"start": "00:02:48", "end": "00:02:51", "text": "what they call the assistance fund."}, {"start": "00:02:50", "end": "00:02:53", "text": "Hyperlid of course doing billions in"}, {"start": "00:02:51", "end": "00:02:55", "text": "daily volume over a billion dollars in"}, {"start": "00:02:53", "end": "00:02:56", "text": "cumulative fees converted into buy"}, {"start": "00:02:55", "end": "00:02:58", "text": "pressure. This is the blueprint that"}, {"start": "00:02:56", "end": "00:02:59", "text": "everyone else has basically started"}, {"start": "00:02:58", "end": "00:03:01", "text": "copying. But the name that might be"}, {"start": "00:02:59", "end": "00:03:02", "text": "worth most worth most worth paying"}, {"start": "00:03:01", "end": "00:03:05", "text": "attention to right now could be lighter."}, {"start": "00:03:02", "end": "00:03:06", "text": "Ticker is LIT. And I don't own this by"}, {"start": "00:03:05", "end": "00:03:07", "text": "the way. I've got other revenue coins"}, {"start": "00:03:06", "end": "00:03:09", "text": "this one. But I think it's one that"}, {"start": "00:03:07", "end": "00:03:10", "text": "probably deserves most attention right"}, {"start": "00:03:09", "end": "00:03:12", "text": "now. Lighter's founder and Robin Hood's"}, {"start": "00:03:10", "end": "00:03:14", "text": "founder, Vlad Tennv, they were high"}, {"start": "00:03:12", "end": "00:03:15", "text": "school classmates. Robin Hood invested"}, {"start": "00:03:14", "end": "00:03:17", "text": "in Lighter's funding round. And when"}, {"start": "00:03:15", "end": "00:03:18", "text": "Robin Hood launched its own blockchain,"}, {"start": "00:03:17", "end": "00:03:19", "text": "the Robin Hood chain probably heard"}, {"start": "00:03:18", "end": "00:03:22", "text": "about once twice, including for me five"}, {"start": "00:03:19", "end": "00:03:24", "text": "minutes ago. In July 2026, when that"}, {"start": "00:03:22", "end": "00:03:26", "text": "chain launched, well, guess what?"}, {"start": "00:03:24", "end": "00:03:29", "text": "Lighter was the per engine that was"}, {"start": "00:03:26", "end": "00:03:30", "text": "wired in on day one. Reportedly, a 50-50"}, {"start": "00:03:29", "end": "00:03:32", "text": "revenue split with Robin Hood itself."}, {"start": "00:03:30", "end": "00:03:34", "text": "Think about what that means. Tens of"}, {"start": "00:03:32", "end": "00:03:35", "text": "millions of Robin Hood users one tap"}, {"start": "00:03:34", "end": "00:03:37", "text": "away from trading perpetual swaps that"}, {"start": "00:03:35", "end": "00:03:39", "text": "are settling through Lighter. And"}, {"start": "00:03:37", "end": "00:03:40", "text": "lighter's entire design is built to push"}, {"start": "00:03:39", "end": "00:03:43", "text": "value straight back to the token. That's"}, {"start": "00:03:40", "end": "00:03:45", "text": "not a hypothetical road map item. That"}, {"start": "00:03:43", "end": "00:03:47", "text": "partnership is live right now. Big"}, {"start": "00:03:45", "end": "00:03:48", "text": "stuff, okay? Really big stuff. This is"}, {"start": "00:03:47", "end": "00:03:49", "text": "the kind of stuff that a few years ago,"}, {"start": "00:03:48", "end": "00:03:50", "text": "man, people would have lost their minds"}, {"start": "00:03:49", "end": "00:03:52", "text": "over. Now it's becoming more and more"}, {"start": "00:03:50", "end": "00:03:54", "text": "common place. But it doesn't mean that"}, {"start": "00:03:52", "end": "00:03:55", "text": "it makes it a less attractive"}, {"start": "00:03:54", "end": "00:03:56", "text": "investment. Now, if you've been in the"}, {"start": "00:03:55", "end": "00:03:57", "text": "space for a while, of course, then"}, {"start": "00:03:56", "end": "00:04:00", "text": "there's unis swap. For four straight"}, {"start": "00:03:57", "end": "00:04:02", "text": "years, it longer. Gosh, long time of"}, {"start": "00:04:00", "end": "00:04:04", "text": "being a crap governance token. It was"}, {"start": "00:04:02", "end": "00:04:06", "text": "the biggest punching bag of crypto. I"}, {"start": "00:04:04", "end": "00:04:07", "text": "took a lot of big fat craps on unis swap"}, {"start": "00:04:06", "end": "00:04:10", "text": "and it deserved it. The biggest decks in"}, {"start": "00:04:07", "end": "00:04:12", "text": "the world, the token captured absolutely"}, {"start": "00:04:10", "end": "00:04:13", "text": "nothing. There was no reason for you to"}, {"start": "00:04:12", "end": "00:04:14", "text": "hold that token. All the fees went to"}, {"start": "00:04:13", "end": "00:04:16", "text": "the liquidity providers. Nothing to"}, {"start": "00:04:14", "end": "00:04:17", "text": "holders. People called it dead money."}, {"start": "00:04:16", "end": "00:04:19", "text": "The stupidest thing you can buy in the"}, {"start": "00:04:17", "end": "00:04:21", "text": "market. Then of course December last"}, {"start": "00:04:19", "end": "00:04:23", "text": "year, the Dow voted. They flipped the"}, {"start": "00:04:21", "end": "00:04:24", "text": "fee switch or flipped on flipped on more"}, {"start": "00:04:23", "end": "00:04:26", "text": "recently, but they voted to flip it on."}, {"start": "00:04:24", "end": "00:04:29", "text": "They at the time also burnt 100 million"}, {"start": "00:04:26", "end": "00:04:30", "text": "uni, 16% of the supply all in one move."}, {"start": "00:04:29", "end": "00:04:32", "text": "Now, of course, there's an automated"}, {"start": "00:04:30", "end": "00:04:34", "text": "onchain buyback and burn engine running"}, {"start": "00:04:32", "end": "00:04:36", "text": "continuously off of swap fees. So, this"}, {"start": "00:04:34", "end": "00:04:37", "text": "was the token that everybody left for"}, {"start": "00:04:36", "end": "00:04:39", "text": "dead, and it's just become one of the"}, {"start": "00:04:37", "end": "00:04:41", "text": "biggest buyback machines in DeFi,"}, {"start": "00:04:39", "end": "00:04:43", "text": "particularly because of the Robin Hood"}, {"start": "00:04:41", "end": "00:04:45", "text": "chain. It's always about Robin Hood,"}, {"start": "00:04:43", "end": "00:04:47", "text": "isn't it? But Robin Hood chain, as we're"}, {"start": "00:04:45", "end": "00:04:50", "text": "saw, unis swap integrated very early on,"}, {"start": "00:04:47", "end": "00:04:51", "text": "and they've seen huge volumes over"}, {"start": "00:04:50", "end": "00:04:54", "text": "there, and it's been incredibly positive"}, {"start": "00:04:51", "end": "00:04:57", "text": "for them overall, and it's driving huge"}, {"start": "00:04:54", "end": "00:04:59", "text": "amounts of revenue for the chain and for"}, {"start": "00:04:57", "end": "00:05:01", "text": "the protocol. Then we have Radium which"}, {"start": "00:04:59", "end": "00:05:03", "text": "is basically the Salana version and"}, {"start": "00:05:01", "end": "00:05:05", "text": "honestly it's been doing this buyback"}, {"start": "00:05:03", "end": "00:05:08", "text": "thing longer and maybe a little more"}, {"start": "00:05:05", "end": "00:05:10", "text": "quieter. Salana DeFi tends to really"}, {"start": "00:05:08", "end": "00:05:12", "text": "play second fiddle or has at least over"}, {"start": "00:05:10", "end": "00:05:14", "text": "the last few years to Ethereum DeFi"}, {"start": "00:05:12", "end": "00:05:15", "text": "where Ethereum just have more money I"}, {"start": "00:05:14", "end": "00:05:16", "text": "guess and seen as more of an"}, {"start": "00:05:15", "end": "00:05:19", "text": "institutional play whereas Salana is"}, {"start": "00:05:16", "end": "00:05:20", "text": "always kind of a bit DGEN. Over $190"}, {"start": "00:05:19", "end": "00:05:22", "text": "million of radium have been bought back"}, {"start": "00:05:20", "end": "00:05:24", "text": "though roughly a quarter of the entire"}, {"start": "00:05:22", "end": "00:05:25", "text": "circulating supply. pretty damn good."}, {"start": "00:05:24", "end": "00:05:28", "text": "And with the revenue absolutely"}, {"start": "00:05:25", "end": "00:05:30", "text": "exploding recently thanks to Ston Fun,"}, {"start": "00:05:28", "end": "00:05:32", "text": "guess what? Things are getting more"}, {"start": "00:05:30", "end": "00:05:34", "text": "exciting because this is a major fresh"}, {"start": "00:05:32", "end": "00:05:36", "text": "catalyst. See, Radium was there, it was"}, {"start": "00:05:34", "end": "00:05:38", "text": "doing stuff, but after Pump Fun sort of"}, {"start": "00:05:36", "end": "00:05:40", "text": "jumped ship and did their own thing and"}, {"start": "00:05:38", "end": "00:05:41", "text": "left Radium in the dust, I think it lost"}, {"start": "00:05:40", "end": "00:05:43", "text": "a lot of attention. But now you got the"}, {"start": "00:05:41", "end": "00:05:45", "text": "Radium Launchpad Launch Lab, which just"}, {"start": "00:05:43", "end": "00:05:46", "text": "integrated with Ston Fun. And"}, {"start": "00:05:45", "end": "00:05:48", "text": "[clears throat] there you go. That"}, {"start": "00:05:46", "end": "00:05:50", "text": "single integration alone sent Ray up"}, {"start": "00:05:48", "end": "00:05:52", "text": "almost double in price in a few days."}, {"start": "00:05:50", "end": "00:05:53", "text": "Absolutely nuts. You have more launch"}, {"start": "00:05:52", "end": "00:05:54", "text": "volume basically flowing through radium"}, {"start": "00:05:53", "end": "00:05:57", "text": "which means more fees which means of"}, {"start": "00:05:54", "end": "00:05:58", "text": "course more buybacks. It's always about"}, {"start": "00:05:57", "end": "00:06:01", "text": "more buybacks, isn't it? Then we have"}, {"start": "00:05:58", "end": "00:06:04", "text": "stuff like the the neo banks. We have"}, {"start": "00:06:01", "end": "00:06:06", "text": "Etherfy for example. So this one's got a"}, {"start": "00:06:04", "end": "00:06:07", "text": "two-layer buyback that most people sort"}, {"start": "00:06:06", "end": "00:06:11", "text": "of miss and don't really pay attention"}, {"start": "00:06:07", "end": "00:06:14", "text": "to. So layer 1, every dollar of ETH"}, {"start": "00:06:11", "end": "00:06:17", "text": "withdrawal fees automatically basically"}, {"start": "00:06:14", "end": "00:06:20", "text": "every single week buys ETHI and then"}, {"start": "00:06:17", "end": "00:06:21", "text": "hands it over of course to stakers. So"}, {"start": "00:06:20", "end": "00:06:23", "text": "that's good. No vote required in that."}, {"start": "00:06:21", "end": "00:06:25", "text": "Either though has been very quietly"}, {"start": "00:06:23", "end": "00:06:26", "text": "sneaking up in the background and I've"}, {"start": "00:06:25", "end": "00:06:28", "text": "got the card. I like the card. I use the"}, {"start": "00:06:26", "end": "00:06:29", "text": "product. I think it's a great product"}, {"start": "00:06:28", "end": "00:06:30", "text": "and because it's a great product"}, {"start": "00:06:29", "end": "00:06:32", "text": "probably going to keep winning because"}, {"start": "00:06:30", "end": "00:06:34", "text": "it's not just it started off as a DeFi"}, {"start": "00:06:32", "end": "00:06:36", "text": "staking protocol for Ethereum and then"}, {"start": "00:06:34", "end": "00:06:38", "text": "they started doing all this Neoank"}, {"start": "00:06:36", "end": "00:06:40", "text": "stuff, right? And bringing the cards and"}, {"start": "00:06:38", "end": "00:06:42", "text": "stuff like that. So now we're seeing"}, {"start": "00:06:40", "end": "00:06:44", "text": "much stronger burns coming in where"}, {"start": "00:06:42", "end": "00:06:46", "text": "we're getting a much broader slice of"}, {"start": "00:06:44", "end": "00:06:48", "text": "the revenue from staking and vaults and"}, {"start": "00:06:46", "end": "00:06:50", "text": "the EtherFi cash card. That is really"}, {"start": "00:06:48", "end": "00:06:51", "text": "big. So, we're seeing a lot more revenue"}, {"start": "00:06:50", "end": "00:06:53", "text": "and everyone's doing this. This is the"}, {"start": "00:06:51", "end": "00:06:54", "text": "thing. It's not just either. Everybody's"}, {"start": "00:06:53", "end": "00:06:56", "text": "going down this meta. It's like, if you"}, {"start": "00:06:54", "end": "00:06:57", "text": "don't have a reason for your [�__�]"}, {"start": "00:06:56", "end": "00:06:59", "text": "token to exist, then why is anyone going"}, {"start": "00:06:57", "end": "00:07:00", "text": "to buy it? Every time you sell crypto to"}, {"start": "00:06:59", "end": "00:07:02", "text": "fund your life, you get destroyed by"}, {"start": "00:07:00", "end": "00:07:03", "text": "taxes, you miss the next leg up. Stop"}, {"start": "00:07:02", "end": "00:07:05", "text": "doing it. The ultra wealthy, they don't"}, {"start": "00:07:03", "end": "00:07:06", "text": "liquidate their assets. They borrow"}, {"start": "00:07:05", "end": "00:07:09", "text": "against their assets. And that is what"}, {"start": "00:07:06", "end": "00:07:10", "text": "the Ether Visa card lets you do. You"}, {"start": "00:07:09", "end": "00:07:12", "text": "swipe your card for dinner, you swipe it"}, {"start": "00:07:10", "end": "00:07:14", "text": "for rent, you swipe it for flights, and"}, {"start": "00:07:12", "end": "00:07:15", "text": "you borrow against your Ethereum or your"}, {"start": "00:07:14", "end": "00:07:17", "text": "Bitcoin while your assets stay 100%"}, {"start": "00:07:15", "end": "00:07:18", "text": "intact. Then you can even earn native"}, {"start": "00:07:17", "end": "00:07:20", "text": "staking yield in the background. You"}, {"start": "00:07:18", "end": "00:07:22", "text": "keep your up aside, you skip the taxable"}, {"start": "00:07:20", "end": "00:07:24", "text": "events and you get free airport lounge"}, {"start": "00:07:22", "end": "00:07:26", "text": "access. Even better, exclusively when"}, {"start": "00:07:24", "end": "00:07:29", "text": "using the link right down here, when you"}, {"start": "00:07:26", "end": "00:07:31", "text": "use the code lark, L A R K, you might"}, {"start": "00:07:29", "end": "00:07:34", "text": "have to type it in. You unlock a massive"}, {"start": "00:07:31", "end": "00:07:37", "text": "10% cash back on all spending for your"}, {"start": "00:07:34", "end": "00:07:38", "text": "first 3 months. That is unheard of on a"}, {"start": "00:07:37", "end": "00:07:40", "text": "crypto card. Click the link down below,"}, {"start": "00:07:38", "end": "00:07:42", "text": "get this limited time offer, use code"}, {"start": "00:07:40", "end": "00:07:44", "text": "lark, and start spending the way you"}, {"start": "00:07:42", "end": "00:07:46", "text": "should. Now, when we talk about the the"}, {"start": "00:07:44", "end": "00:07:48", "text": "Neo Bank bucket specifically, EtherFi is"}, {"start": "00:07:46", "end": "00:07:50", "text": "deliberately shifting its revenue away"}, {"start": "00:07:48", "end": "00:07:54", "text": "from the ETH price swings and more"}, {"start": "00:07:50", "end": "00:07:56", "text": "toward dollarbased cash focus, right?"}, {"start": "00:07:54", "end": "00:07:57", "text": "And getting people to spend on the card."}, {"start": "00:07:56", "end": "00:07:58", "text": "It's a big thing because people are"}, {"start": "00:07:57", "end": "00:08:00", "text": "spending on the card. They're making a"}, {"start": "00:07:58", "end": "00:08:02", "text": "[�__�] ton of money. They're buying back"}, {"start": "00:08:00", "end": "00:08:03", "text": "more tokens. Everybody wins. Of course,"}, {"start": "00:08:02", "end": "00:08:04", "text": "the card's awesome, too. There's a link"}, {"start": "00:08:03", "end": "00:08:06", "text": "down below, guys, if you guys want to"}, {"start": "00:08:04", "end": "00:08:07", "text": "get some card. But, uh the the card's"}, {"start": "00:08:06", "end": "00:08:09", "text": "awesome as well, and it gives you like"}, {"start": "00:08:07", "end": "00:08:10", "text": "3% cash back. In fact, actually"}, {"start": "00:08:09", "end": "00:08:12", "text": "exclusively using the link down below,"}, {"start": "00:08:10", "end": "00:08:14", "text": "you can get up to 10% cash back for the"}, {"start": "00:08:12", "end": "00:08:16", "text": "first 3 months. No, seriously, it's"}, {"start": "00:08:14", "end": "00:08:18", "text": "awesome, though. Check it out. So, the"}, {"start": "00:08:16", "end": "00:08:20", "text": "Neo Bank thesis is actually showing up"}, {"start": "00:08:18", "end": "00:08:22", "text": "in the revenue bits in the mix here."}, {"start": "00:08:20", "end": "00:08:25", "text": "It's not just a marketing line anymore."}, {"start": "00:08:22", "end": "00:08:27", "text": "Now, one token too, I guess we're not"}, {"start": "00:08:25", "end": "00:08:29", "text": "going to call it a Neo Bank, but"}, {"start": "00:08:27", "end": "00:08:32", "text": "Jupiter, one of the biggest Salana DeFi"}, {"start": "00:08:29", "end": "00:08:34", "text": "protocols. It's got swaps, it's got"}, {"start": "00:08:32", "end": "00:08:36", "text": "pers, it's got lending, and all under"}, {"start": "00:08:34", "end": "00:08:39", "text": "one Salana super app. And with the"}, {"start": "00:08:36", "end": "00:08:41", "text": "recent spike in activity on Salana,"}, {"start": "00:08:39", "end": "00:08:43", "text": "their daily revenue is going up. And"}, {"start": "00:08:41", "end": "00:08:45", "text": "that matters because 50% of every dollar"}, {"start": "00:08:43", "end": "00:08:47", "text": "of protocol fees goes straight into the"}, {"start": "00:08:45", "end": "00:08:49", "text": "litter box. It's all about cats, isn't"}, {"start": "00:08:47", "end": "00:08:50", "text": "it? Everything's cat themed anyway. 50%"}, {"start": "00:08:49", "end": "00:08:52", "text": "goes in the litter box, which will be"}, {"start": "00:08:50", "end": "00:08:56", "text": "burned. They've already accumulated over"}, {"start": "00:08:52", "end": "00:08:58", "text": "140 million uh JUP and burned a whole"}, {"start": "00:08:56", "end": "00:09:00", "text": "bunch of it. So, it's working. I think"}, {"start": "00:08:58", "end": "00:09:03", "text": "Jupiter's had a lot of unlocks that have"}, {"start": "00:09:00", "end": "00:09:04", "text": "sort of negated a bit of the burns up to"}, {"start": "00:09:03", "end": "00:09:06", "text": "this point and they introduced the burn"}, {"start": "00:09:04", "end": "00:09:07", "text": "mechanism kind of later whereas a lot of"}, {"start": "00:09:06", "end": "00:09:09", "text": "these newer protocols have had it from"}, {"start": "00:09:07", "end": "00:09:11", "text": "day one. So they come in, they start"}, {"start": "00:09:09", "end": "00:09:13", "text": "doing big volumes and the market cap's"}, {"start": "00:09:11", "end": "00:09:15", "text": "super low and so you get this huge"}, {"start": "00:09:13", "end": "00:09:16", "text": "supply burn right out of the gate for"}, {"start": "00:09:15", "end": "00:09:18", "text": "things like pawns or ston fund which"}, {"start": "00:09:16", "end": "00:09:20", "text": "have both have burned about a third of"}, {"start": "00:09:18", "end": "00:09:21", "text": "their supply within only being alive for"}, {"start": "00:09:20", "end": "00:09:23", "text": "basically 2 months or less. But anyway,"}, {"start": "00:09:21", "end": "00:09:24", "text": "the guys at Jupiter have also committed"}, {"start": "00:09:23", "end": "00:09:25", "text": "to torching about 3 billion tokens"}, {"start": "00:09:24", "end": "00:09:27", "text": "outright and voted basically to get"}, {"start": "00:09:25", "end": "00:09:29", "text": "emissions down to zero. So, we got to be"}, {"start": "00:09:27", "end": "00:09:31", "text": "straight with this one here because this"}, {"start": "00:09:29", "end": "00:09:33", "text": "is a buyback video and I'm not going to"}, {"start": "00:09:31", "end": "00:09:37", "text": "only tell you the good parts. Jup's"}, {"start": "00:09:33", "end": "00:09:39", "text": "circulating supply still went from 1.3"}, {"start": "00:09:37", "end": "00:09:40", "text": "billion at launch to over 3 billion."}, {"start": "00:09:39", "end": "00:09:43", "text": "There's a lot of, you know, staking"}, {"start": "00:09:40", "end": "00:09:45", "text": "rewards. There was like Jupuary and all"}, {"start": "00:09:43", "end": "00:09:48", "text": "kinds of stuff like that going on. All"}, {"start": "00:09:45", "end": "00:09:50", "text": "this is not always so clearcut with the"}, {"start": "00:09:48", "end": "00:09:52", "text": "revenue meta that sometimes you look at"}, {"start": "00:09:50", "end": "00:09:54", "text": "the revenue meta and go, \"Yes, obvious"}, {"start": "00:09:52", "end": "00:09:57", "text": "buy. Let's go.\" Other times it's a"}, {"start": "00:09:54", "end": "00:09:59", "text": "little bit more probably good, but"}, {"start": "00:09:57", "end": "00:10:00", "text": "what's the actual other side of it where"}, {"start": "00:09:59", "end": "00:10:02", "text": "how much is coming in and I say that as"}, {"start": "00:10:00", "end": "00:10:04", "text": "a Jupyter holder. The other thing here I"}, {"start": "00:10:02", "end": "00:10:06", "text": "think is the uh of course trying to bet"}, {"start": "00:10:04", "end": "00:10:08", "text": "on the new guys coming out because there"}, {"start": "00:10:06", "end": "00:10:10", "text": "has been a lot of uh new tokens coming"}, {"start": "00:10:08", "end": "00:10:12", "text": "out. Obviously Pump Fun and the memecoin"}, {"start": "00:10:10", "end": "00:10:15", "text": "space is still kind of the king. Huge"}, {"start": "00:10:12", "end": "00:10:16", "text": "lifetime revenue, $370 million already"}, {"start": "00:10:15", "end": "00:10:18", "text": "burned, all that kind of stuff, right?"}, {"start": "00:10:16", "end": "00:10:21", "text": "But you want to get the new Pump Funds"}, {"start": "00:10:18", "end": "00:10:23", "text": "and I own Pump Fund. It's one of my top"}, {"start": "00:10:21", "end": "00:10:25", "text": "five crypto holdings, right? Which means"}, {"start": "00:10:23", "end": "00:10:28", "text": "this is a very popular meta. Stonk fund"}, {"start": "00:10:25", "end": "00:10:29", "text": "and ponds are doing huge buybacks."}, {"start": "00:10:28", "end": "00:10:32", "text": "They're doing millions of dollars a day"}, {"start": "00:10:29", "end": "00:10:35", "text": "in volume. How long that lasts for? Is"}, {"start": "00:10:32", "end": "00:10:37", "text": "it sustainable? Can it go on for years?"}, {"start": "00:10:35", "end": "00:10:38", "text": "We're going to find out. But if it does,"}, {"start": "00:10:37", "end": "00:10:42", "text": "[�__�] both these things are going to"}, {"start": "00:10:38", "end": "00:10:45", "text": "repric way effing higher. So ston fund"}, {"start": "00:10:42", "end": "00:10:46", "text": "on Salana, pawns on Robin Hood chain,"}, {"start": "00:10:45", "end": "00:10:48", "text": "these things have been the talk of the"}, {"start": "00:10:46", "end": "00:10:49", "text": "town recently. and even at their current"}, {"start": "00:10:48", "end": "00:10:51", "text": "valuations are probably dramatically"}, {"start": "00:10:49", "end": "00:10:53", "text": "undervalued considering their daily"}, {"start": "00:10:51", "end": "00:10:55", "text": "buyback schedules. I think this is going"}, {"start": "00:10:53", "end": "00:10:58", "text": "to be one of the biggest metas in the"}, {"start": "00:10:55", "end": "00:10:59", "text": "coming cycle. And some of the names I've"}, {"start": "00:10:58", "end": "00:11:01", "text": "given you here, this is not like a list."}, {"start": "00:10:59", "end": "00:11:03", "text": "You have to go buy this stuff. No, this"}, {"start": "00:11:01", "end": "00:11:04", "text": "is go research. I think you probably"}, {"start": "00:11:03", "end": "00:11:05", "text": "know about some of these names already."}, {"start": "00:11:04", "end": "00:11:07", "text": "If you don't, you should go check it"}, {"start": "00:11:05", "end": "00:11:09", "text": "out. Let's get back into the charts a"}, {"start": "00:11:07", "end": "00:11:11", "text": "little bit because we got some. For the"}, {"start": "00:11:09", "end": "00:11:13", "text": "first time ever, a fruit fry brain has"}, {"start": "00:11:11", "end": "00:11:15", "text": "been trained to launch a memecoin. Not"}, {"start": "00:11:13", "end": "00:11:19", "text": "AI inspired by a brain, but the real"}, {"start": "00:11:15", "end": "00:11:21", "text": "connections. 165,22 neurons. 10 million"}, {"start": "00:11:19", "end": "00:11:23", "text": "plus synaptic connections. Everyone"}, {"start": "00:11:21", "end": "00:11:26", "text": "traced from an actual meal. Drossil, you"}, {"start": "00:11:23", "end": "00:11:29", "text": "missed fly brain coin, guys. Robin Hood"}, {"start": "00:11:26", "end": "00:11:30", "text": "AI season officially started with Fly"}, {"start": "00:11:29", "end": "00:11:32", "text": "Brain. The first runner is already"}, {"start": "00:11:30", "end": "00:11:35", "text": "giving me goat vibes. I've seen this"}, {"start": "00:11:32", "end": "00:11:37", "text": "movie before. What are we doing, guys?"}, {"start": "00:11:35", "end": "00:11:40", "text": "We got Fly Brain Coin. You guys ready"}, {"start": "00:11:37", "end": "00:11:44", "text": "for it? Ah, you're thinking that surely"}, {"start": "00:11:40", "end": "00:11:46", "text": "couldn't have. No, it did. It went to 55"}, {"start": "00:11:44", "end": "00:11:47", "text": "million effing dollars. I know what"}, {"start": "00:11:46", "end": "00:11:49", "text": "you're thinking. What was I doing in the"}, {"start": "00:11:47", "end": "00:11:51", "text": "life? You were sleeping. Oh, you sleep."}, {"start": "00:11:49", "end": "00:11:53", "text": "Oh, you you like sleeping asleep. I was"}, {"start": "00:11:51", "end": "00:11:56", "text": "sleeping and then this happened and then"}, {"start": "00:11:53", "end": "00:12:00", "text": "it went to the effing moon. 55 million"}, {"start": "00:11:56", "end": "00:12:02", "text": "back down to 9 million. Look, I don't"}, {"start": "00:12:00", "end": "00:12:05", "text": "know how much sustainability the fly"}, {"start": "00:12:02", "end": "00:12:07", "text": "brain meta has here, but uh I don't know"}, {"start": "00:12:05", "end": "00:12:10", "text": "if that's a game I'm going to be playing"}, {"start": "00:12:07", "end": "00:12:10", "text": "personally, but sleeping is expensive."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "So with Hyperliquid throughout the bear"}, {"start": "00:00:01", "end": "00:00:03", "text": "market, they just kept burning. So"}, {"start": "00:00:02", "end": "00:00:05", "text": "here's the play. Find the niche that's"}, {"start": "00:00:03", "end": "00:00:06", "text": "about to explode or find [clears throat]"}, {"start": "00:00:05", "end": "00:00:08", "text": "the leaders in those. Get the number one"}, {"start": "00:00:06", "end": "00:00:09", "text": "or number two buyback engines inside of"}, {"start": "00:00:08", "end": "00:00:10", "text": "those niches. And then just wait and"}, {"start": "00:00:09", "end": "00:00:12", "text": "hold cuz they're probably going to be"}, {"start": "00:00:10", "end": "00:00:14", "text": "the best performing metas of this entire"}, {"start": "00:00:12", "end": "00:00:16", "text": "cycle. So let's go with sector by"}, {"start": "00:00:14", "end": "00:00:17", "text": "sector. Perpetual swaps, ground zero for"}, {"start": "00:00:16", "end": "00:00:19", "text": "the whole meta really. Hyperliquid"}, {"start": "00:00:17", "end": "00:00:20", "text": "basically invented the modern version of"}, {"start": "00:00:19", "end": "00:00:23", "text": "the aggressive buyback. [music]"}, {"start": "00:00:20", "end": "00:00:24", "text": "Historically routing something like 97%"}, {"start": "00:00:23", "end": "00:00:25", "text": "of the protocol fees straight back into"}, {"start": "00:00:24", "end": "00:00:27", "text": "buying HYP off the open market through"}, {"start": "00:00:25", "end": "00:00:28", "text": "what they call the assistance fund."}, {"start": "00:00:27", "end": "00:00:30", "text": "Hyperliquid of course doing billions in"}, {"start": "00:00:28", "end": "00:00:32", "text": "daily volume over a billion dollars in"}, {"start": "00:00:30", "end": "00:00:33", "text": "cumulative fees converted into buy"}, {"start": "00:00:32", "end": "00:00:35", "text": "pressure. This is the blueprint that"}, {"start": "00:00:33", "end": "00:00:37", "text": "everyone else has basically started"}, {"start": "00:00:35", "end": "00:00:37", "text": "copying."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Cuz we got to talk about salami coin,"}, {"start": "00:00:02", "end": "00:00:07", "text": "Solana. This is pretty big because we've"}, {"start": "00:00:05", "end": "00:00:09", "text": "seen a lot of ETF inflows for Solana."}, {"start": "00:00:07", "end": "00:00:11", "text": "We're seeing insane on-chain traction"}, {"start": "00:00:09", "end": "00:00:14", "text": "right now, and the charts are feeling"}, {"start": "00:00:11", "end": "00:00:15", "text": "kind of juicy currently, which I like to"}, {"start": "00:00:14", "end": "00:00:18", "text": "see. So, we got that to discuss with"}, {"start": "00:00:15", "end": "00:00:20", "text": "you. Let's effing go because dude, we"}, {"start": "00:00:18", "end": "00:00:22", "text": "got the stuff here. Let's go ahead."}, {"start": "00:00:20", "end": "00:00:25", "text": "Let's look at the ETF flows. Now, this"}, {"start": "00:00:22", "end": "00:00:26", "text": "is since August 24th, so it's not"}, {"start": "00:00:25", "end": "00:00:28", "text": "actually a month, it's like 3 weeks."}, {"start": "00:00:26", "end": "00:00:30", "text": "Farside doesn't have all the all the"}, {"start": "00:00:28", "end": "00:00:34", "text": "data. But, look at this. A hundred and"}, {"start": "00:00:30", "end": "00:00:37", "text": "fifty million dollars have flowed into"}, {"start": "00:00:34", "end": "00:00:39", "text": "Solana ETFs since the 24th of August."}, {"start": "00:00:37", "end": "00:00:40", "text": "Now, this is a very, very interesting"}, {"start": "00:00:39", "end": "00:00:41", "text": "number. I have to tell you this. See,"}, {"start": "00:00:40", "end": "00:00:42", "text": "you might hear that and go, \"Well, it's"}, {"start": "00:00:41", "end": "00:00:44", "text": "only a hundred and fifty million"}, {"start": "00:00:42", "end": "00:00:46", "text": "dollars. Doesn't like ETH do that in a"}, {"start": "00:00:44", "end": "00:00:48", "text": "single day? Or like Bitcoin does that in"}, {"start": "00:00:46", "end": "00:00:51", "text": "a single day? Like, what's the big deal"}, {"start": "00:00:48", "end": "00:00:54", "text": "here?\" Solana has 1/30"}, {"start": "00:00:51", "end": "00:00:58", "text": "the market cap of Bitcoin. So, 30x this"}, {"start": "00:00:54", "end": "00:01:01", "text": "number, 150 million, 4.5 billion is what"}, {"start": "00:00:58", "end": "00:01:05", "text": "that becomes. So, that's looking at this"}, {"start": "00:01:01", "end": "00:01:07", "text": "inflow as a percentage of market cap."}, {"start": "00:01:05", "end": "00:01:10", "text": "So, if you looked at since the 24th of"}, {"start": "00:01:07", "end": "00:01:11", "text": "August, Bitcoin having 4.5 billion"}, {"start": "00:01:10", "end": "00:01:13", "text": "dollars of inflows, you go, \"Shit,"}, {"start": "00:01:11", "end": "00:01:15", "text": "that's pretty good, man.\" Well, that's"}, {"start": "00:01:13", "end": "00:01:18", "text": "what the equivalent price impact and"}, {"start": "00:01:15", "end": "00:01:20", "text": "supply impact has been on Solana with"}, {"start": "00:01:18", "end": "00:01:21", "text": "150 million dollars of inflow since the"}, {"start": "00:01:20", "end": "00:01:24", "text": "24th of August. Again, not quite a"}, {"start": "00:01:21", "end": "00:01:26", "text": "month. Pretty damn good. This is very"}, {"start": "00:01:24", "end": "00:01:27", "text": "substantial. If these numbers keep going"}, {"start": "00:01:26", "end": "00:01:30", "text": "in this direction, if we keep seeing"}, {"start": "00:01:27", "end": "00:01:32", "text": "these 10, 20, 30, 40, 50 million dollar"}, {"start": "00:01:30", "end": "00:01:35", "text": "inflow days for Solana, this has real"}, {"start": "00:01:32", "end": "00:01:36", "text": "impact on the price because this starts"}, {"start": "00:01:35", "end": "00:01:39", "text": "gobbling up serious amounts of supply."}, {"start": "00:01:36", "end": "00:01:40", "text": "Like, if we were to do this every month"}, {"start": "00:01:39", "end": "00:01:43", "text": "for the next 12 months, you start"}, {"start": "00:01:40", "end": "00:01:45", "text": "running into a real sort of supply"}, {"start": "00:01:43", "end": "00:01:47", "text": "impact because the demand's so high from"}, {"start": "00:01:45", "end": "00:01:48", "text": "Wall Street to get access to Solana. And"}, {"start": "00:01:47", "end": "00:01:50", "text": "it's pretty clear. Why wouldn't you want"}, {"start": "00:01:48", "end": "00:01:52", "text": "to get access to Solana? Wall Street's"}, {"start": "00:01:50", "end": "00:01:56", "text": "smart. They know what's going on, right?"}, {"start": "00:01:52", "end": "00:01:58", "text": "Look at this. Solana record highest-ever"}, {"start": "00:01:56", "end": "00:01:58", "text": "daily token launches. This is on"}, {"start": "00:01:58", "end": "00:02:01", "text": "September 9th."}, {"start": "00:01:58", "end": "00:02:03", "text": ">> Uh but it's so crazy, little man."}, {"start": "00:02:01", "end": "00:02:06", "text": ">> 263,000"}, {"start": "00:02:03", "end": "00:02:09", "text": "new tokens launched in a day. What?"}, {"start": "00:02:06", "end": "00:02:11", "text": "What? That's crazy. That's crazy. And"}, {"start": "00:02:09", "end": "00:02:12", "text": "probably like 10 of those were alive 24"}, {"start": "00:02:11", "end": "00:02:14", "text": "hours later, but regardless of the"}, {"start": "00:02:12", "end": "00:02:15", "text": "longevity of these meme coins being"}, {"start": "00:02:14", "end": "00:02:18", "text": "launched, the fact of the matter is"}, {"start": "00:02:15", "end": "00:02:21", "text": "very, very simple. Solana can handle the"}, {"start": "00:02:18", "end": "00:02:24", "text": "volume, man. Solana can handle what's"}, {"start": "00:02:21", "end": "00:02:26", "text": "going on. Solana is incredibly robust"}, {"start": "00:02:24", "end": "00:02:28", "text": "and it is taking care of business. I"}, {"start": "00:02:26", "end": "00:02:31", "text": "mean, look at that. That's insane. These"}, {"start": "00:02:28", "end": "00:02:34", "text": "are huge, huge metrics. Tokenized"}, {"start": "00:02:31", "end": "00:02:39", "text": "equities on the upswing big time. Big"}, {"start": "00:02:34", "end": "00:02:41", "text": "time. Up about 60% or so since about"}, {"start": "00:02:39", "end": "00:02:43", "text": "June, let's say. Huge inflow. And of"}, {"start": "00:02:41", "end": "00:02:46", "text": "course, as we get more of this sort of"}, {"start": "00:02:43", "end": "00:02:48", "text": "meme fi stuff happening, you know, the"}, {"start": "00:02:46", "end": "00:02:49", "text": "pairing up of a meme coin with a stock,"}, {"start": "00:02:48", "end": "00:02:51", "text": "as we get more of that happening, we're"}, {"start": "00:02:49", "end": "00:02:53", "text": "going to see more tokenized equities"}, {"start": "00:02:51", "end": "00:02:55", "text": "coming on chain. And how long that meta"}, {"start": "00:02:53", "end": "00:02:57", "text": "lives, I have no idea. But the fact of"}, {"start": "00:02:55", "end": "00:03:00", "text": "the matter is Solana is getting a"}, {"start": "00:02:57", "end": "00:03:01", "text": "ton of equities come on chain. Now,"}, {"start": "00:03:00", "end": "00:03:02", "text": "Robinhood out there is also competing"}, {"start": "00:03:01", "end": "00:03:03", "text": "for that money. Basis competing for that"}, {"start": "00:03:02", "end": "00:03:05", "text": "money. Ethereum's competing for that"}, {"start": "00:03:03", "end": "00:03:06", "text": "money. Even other players like Avalanche"}, {"start": "00:03:05", "end": "00:03:08", "text": "are competing for that money. Cardano's"}, {"start": "00:03:06", "end": "00:03:10", "text": "not, but, you know, other people are."}, {"start": "00:03:08", "end": "00:03:11", "text": "Stop it, Lark. Stop it. Behave yourself."}, {"start": "00:03:10", "end": "00:03:13", "text": "Don't throw Cardano under the bus every"}, {"start": "00:03:11", "end": "00:03:15", "text": "time. Stonk burning 1% supply every day"}, {"start": "00:03:13", "end": "00:03:18", "text": "right now. This is of course for Stonk"}, {"start": "00:03:15", "end": "00:03:20", "text": "Fun, which is the new launch pad for"}, {"start": "00:03:18", "end": "00:03:23", "text": "these assets that are like meme coins"}, {"start": "00:03:20", "end": "00:03:24", "text": "versus a real-world asset or meme coins"}, {"start": "00:03:23", "end": "00:03:25", "text": "versus a crypto coin, which actually"}, {"start": "00:03:24", "end": "00:03:27", "text": "been the most popular things on Stonk"}, {"start": "00:03:25", "end": "00:03:28", "text": "Fun so far with like ZK and all that"}, {"start": "00:03:27", "end": "00:03:30", "text": "kind of stuff, right? But it is becoming"}, {"start": "00:03:28", "end": "00:03:31", "text": "just literally like two or three like"}, {"start": "00:03:30", "end": "00:03:33", "text": "two or three weeks ago I saw people"}, {"start": "00:03:31", "end": "00:03:35", "text": "saying like Solana's dead, it's never"}, {"start": "00:03:33", "end": "00:03:36", "text": "coming back, it's over. I'm just like,"}, {"start": "00:03:35", "end": "00:03:38", "text": "\"Shut up. Like, what are you talking"}, {"start": "00:03:36", "end": "00:03:41", "text": "about, man? Like, no, it's not.\" And now"}, {"start": "00:03:38", "end": "00:03:42", "text": "here we go. Of course, we have a new uh"}, {"start": "00:03:41", "end": "00:03:44", "text": "major protocol that's launched that's"}, {"start": "00:03:42", "end": "00:03:47", "text": "doing a million dollars a day in volume."}, {"start": "00:03:44", "end": "00:03:49", "text": "It's just crazy stuff, man. Don't fade"}, {"start": "00:03:47", "end": "00:03:50", "text": "Solana. Pump Fun has officially launched"}, {"start": "00:03:49", "end": "00:03:52", "text": "stock and crypto pairs is the Pump app,"}, {"start": "00:03:50", "end": "00:03:54", "text": "initially supporting a limited selection"}, {"start": "00:03:52", "end": "00:03:57", "text": "including Bitcoin, Ethereum, uh Tesla"}, {"start": "00:03:54", "end": "00:03:58", "text": "stock, Micron, and a few others. Pump"}, {"start": "00:03:57", "end": "00:04:00", "text": "fun will not be defeated. They will not"}, {"start": "00:03:58", "end": "00:04:02", "text": "go quietly into that there night. This"}, {"start": "00:04:00", "end": "00:04:04", "text": "is the weekly chart here for Solana, and"}, {"start": "00:04:02", "end": "00:04:05", "text": "there's some things I like about it and"}, {"start": "00:04:04", "end": "00:04:07", "text": "some things I don't particularly love"}, {"start": "00:04:05", "end": "00:04:09", "text": "about it. I wanted to discuss that with"}, {"start": "00:04:07", "end": "00:04:10", "text": "you. Look at this. So, over the last 3"}, {"start": "00:04:09", "end": "00:04:12", "text": "weeks we have come up, we've pushed into"}, {"start": "00:04:10", "end": "00:04:14", "text": "the 200-week"}, {"start": "00:04:12", "end": "00:04:16", "text": "EMA, purple line on the chart here,"}, {"start": "00:04:14", "end": "00:04:19", "text": "which also coincides approximately with"}, {"start": "00:04:16", "end": "00:04:21", "text": "this uh previous area here of price"}, {"start": "00:04:19", "end": "00:04:22", "text": "support. Now, that area is becoming"}, {"start": "00:04:21", "end": "00:04:23", "text": "resistance, but didn't quite get up to"}, {"start": "00:04:22", "end": "00:04:25", "text": "there exactly. You can even go all the"}, {"start": "00:04:23", "end": "00:04:26", "text": "way back here and say this is also"}, {"start": "00:04:25", "end": "00:04:28", "text": "support where we're finding resistance"}, {"start": "00:04:26", "end": "00:04:30", "text": "at. So, right in this zone right here, a"}, {"start": "00:04:28", "end": "00:04:34", "text": "lot of resistance spots. So, we got up 2"}, {"start": "00:04:30", "end": "00:04:36", "text": "weeks ago now to the 200-week"}, {"start": "00:04:34", "end": "00:04:39", "text": "EMA, rejected. Currently, we're sitting"}, {"start": "00:04:36", "end": "00:04:41", "text": "right here above this orange box. This"}, {"start": "00:04:39", "end": "00:04:43", "text": "orange box, you can see price resistance"}, {"start": "00:04:41", "end": "00:04:45", "text": "here, price resistance here now being an"}, {"start": "00:04:43", "end": "00:04:47", "text": "area of price support. So, we're wedged"}, {"start": "00:04:45", "end": "00:04:49", "text": "right now between two very, very"}, {"start": "00:04:47", "end": "00:04:51", "text": "critical areas for Solana. We are"}, {"start": "00:04:49", "end": "00:04:53", "text": "between a critical area of price support"}, {"start": "00:04:51", "end": "00:04:55", "text": "and a critical area of price resistance"}, {"start": "00:04:53", "end": "00:04:58", "text": "being the 200-week EMA. What happens"}, {"start": "00:04:55", "end": "00:05:00", "text": "next will probably determine the scale"}, {"start": "00:04:58", "end": "00:05:02", "text": "of the next move. Because if we fail to"}, {"start": "00:05:00", "end": "00:05:04", "text": "hold the support at those previous areas"}, {"start": "00:05:02", "end": "00:05:07", "text": "of price resistance around, let's say"}, {"start": "00:05:04", "end": "00:05:10", "text": "$95 approximately, then that probably"}, {"start": "00:05:07", "end": "00:05:11", "text": "moves the price down quite a bit, maybe"}, {"start": "00:05:10", "end": "00:05:13", "text": "even to this orange line here around"}, {"start": "00:05:11", "end": "00:05:15", "text": "about 80 bucks or so. Maybe it's going"}, {"start": "00:05:13", "end": "00:05:16", "text": "to be 82, 83 by the time it gets down"}, {"start": "00:05:15", "end": "00:05:18", "text": "there. But, still that would be the"}, {"start": "00:05:16", "end": "00:05:20", "text": "approximate target area. Or, we break"}, {"start": "00:05:18", "end": "00:05:22", "text": "out to the upside, sky is the limit,"}, {"start": "00:05:20", "end": "00:05:24", "text": "baby. Sky is the limit. If you're an"}, {"start": "00:05:22", "end": "00:05:26", "text": "American, this is for you. Offshore"}, {"start": "00:05:24", "end": "00:05:28", "text": "crypto platforms, some of them were"}, {"start": "00:05:26", "end": "00:05:30", "text": "ticking time bomb. Trading perpetual"}, {"start": "00:05:28", "end": "00:05:31", "text": "swaps through VPNs is asking for frozen"}, {"start": "00:05:30", "end": "00:05:33", "text": "assets. That nonsense is officially"}, {"start": "00:05:31", "end": "00:05:36", "text": "over. See, longing and shorting crypto"}, {"start": "00:05:33", "end": "00:05:39", "text": "now 100% legal on US soil thanks to Hal"}, {"start": "00:05:36", "end": "00:05:41", "text": "She. Fully regulated by the CFTC with"}, {"start": "00:05:39", "end": "00:05:42", "text": "direct US bank rails and up to 6x"}, {"start": "00:05:41", "end": "00:05:44", "text": "leverage on all your favorite coins like"}, {"start": "00:05:42", "end": "00:05:46", "text": "Bitcoin, Ethereum, and Solana. Zero"}, {"start": "00:05:44", "end": "00:05:48", "text": "workaround, zero BS, zero offshore"}, {"start": "00:05:46", "end": "00:05:50", "text": "counterparty risk. Look, most venues"}, {"start": "00:05:48", "end": "00:05:52", "text": "will also bleed you dry on the fees. But"}, {"start": "00:05:50", "end": "00:05:53", "text": "when you sign up using a link down"}, {"start": "00:05:52", "end": "00:05:54", "text": "below, and this is exclusive, when you"}, {"start": "00:05:53", "end": "00:05:55", "text": "use that link down below, you're not"}, {"start": "00:05:54", "end": "00:05:57", "text": "going to get this deal anywhere else,"}, {"start": "00:05:55", "end": "00:05:59", "text": "you instantly lock in a rock bottom"}, {"start": "00:05:57", "end": "00:06:01", "text": "0.01%"}, {"start": "00:05:59", "end": "00:06:03", "text": "fee tier. That's crazy, keeping pure"}, {"start": "00:06:01", "end": "00:06:05", "text": "profit in your account. Better yet,"}, {"start": "00:06:03", "end": "00:06:07", "text": "better, trade $50, which is like one"}, {"start": "00:06:05", "end": "00:06:09", "text": "trade, and you get 25 bucks for free."}, {"start": "00:06:07", "end": "00:06:11", "text": "That's an immediate 50% return before"}, {"start": "00:06:09", "end": "00:06:13", "text": "you even place a winning trade. Hit the"}, {"start": "00:06:11", "end": "00:06:15", "text": "link down below, grab your free 25"}, {"start": "00:06:13", "end": "00:06:17", "text": "bucks, and you can long and short crypto"}, {"start": "00:06:15", "end": "00:06:19", "text": "legally, no problems, no BS. Go get it."}, {"start": "00:06:17", "end": "00:06:21", "text": "Go to the moon then. Moon and beyond."}, {"start": "00:06:19", "end": "00:06:23", "text": "$1,000 Solana this cycle. But look, this"}, {"start": "00:06:21", "end": "00:06:24", "text": "is early recovery. The one thing I'd"}, {"start": "00:06:23", "end": "00:06:26", "text": "like to really, really point out here,"}, {"start": "00:06:24", "end": "00:06:28", "text": "and this is a very critical factor when"}, {"start": "00:06:26", "end": "00:06:29", "text": "looking at the price of Solana right"}, {"start": "00:06:28", "end": "00:06:32", "text": "now, and understanding the charts right"}, {"start": "00:06:29", "end": "00:06:34", "text": "now, is to look at a very subtle change"}, {"start": "00:06:32", "end": "00:06:35", "text": "that has happened, but a very important"}, {"start": "00:06:34", "end": "00:06:37", "text": "change that has happened. Let me just"}, {"start": "00:06:35", "end": "00:06:41", "text": "get my my drawing tool here. So, what do"}, {"start": "00:06:37", "end": "00:06:43", "text": "we see? Peak, low, peak, low, peak, low,"}, {"start": "00:06:41", "end": "00:06:46", "text": "peak, low. Let me just say from here, a"}, {"start": "00:06:43", "end": "00:06:49", "text": "major downtrend. Okay, since the end of"}, {"start": "00:06:46", "end": "00:06:50", "text": "2025, a major downtrend for Solana"}, {"start": "00:06:49", "end": "00:06:55", "text": "essentially, right? So, basically, you"}, {"start": "00:06:50", "end": "00:06:57", "text": "had 1 2 3 4 5 6 points. What's most"}, {"start": "00:06:55", "end": "00:07:01", "text": "importantly happened now, though, is"}, {"start": "00:06:57", "end": "00:07:03", "text": "this. Because this move here negates"}, {"start": "00:07:01", "end": "00:07:07", "text": "this back here. So, we've had a push"}, {"start": "00:07:03", "end": "00:07:10", "text": "higher for the price than our previous"}, {"start": "00:07:07", "end": "00:07:11", "text": "lower high, which means that now we're"}, {"start": "00:07:10", "end": "00:07:13", "text": "switching the regime, again, this is the"}, {"start": "00:07:11", "end": "00:07:17", "text": "weekly charts, we're switching the"}, {"start": "00:07:13", "end": "00:07:20", "text": "regime on Solana from a series of lower"}, {"start": "00:07:17", "end": "00:07:23", "text": "highs and lower lows to now a series of"}, {"start": "00:07:20", "end": "00:07:26", "text": "higher highs and higher lows. We have"}, {"start": "00:07:23", "end": "00:07:29", "text": "our first higher high, the first higher"}, {"start": "00:07:26", "end": "00:07:30", "text": "high in over a year. Substantial, worth"}, {"start": "00:07:29", "end": "00:07:32", "text": "mentioning. It's worth talking about,"}, {"start": "00:07:30", "end": "00:07:34", "text": "it's worth writing on, circling on the"}, {"start": "00:07:32", "end": "00:07:36", "text": "chart, because that's a regime shift."}, {"start": "00:07:34", "end": "00:07:38", "text": "That's a structural shift in the market"}, {"start": "00:07:36", "end": "00:07:40", "text": "going on right in front of our eyes, and"}, {"start": "00:07:38", "end": "00:07:43", "text": "that matters. That's important, that's"}, {"start": "00:07:40", "end": "00:07:45", "text": "worth paying attention to, Because that"}, {"start": "00:07:43", "end": "00:07:47", "text": "flip, which is happening right now, is"}, {"start": "00:07:45", "end": "00:07:49", "text": "very important. Now, the next pullback,"}, {"start": "00:07:47", "end": "00:07:51", "text": "whether it's to the 20-week EMA or this"}, {"start": "00:07:49", "end": "00:07:55", "text": "orange line, guess what that's going to"}, {"start": "00:07:51", "end": "00:07:57", "text": "be? That's going to be a higher low,"}, {"start": "00:07:55", "end": "00:07:59", "text": "keeping the structure of the uptrend"}, {"start": "00:07:57", "end": "00:08:01", "text": "intact. Okay, you know what? If we go"}, {"start": "00:07:59", "end": "00:08:03", "text": "under 60 bucks, then I was wrong. This"}, {"start": "00:08:01", "end": "00:08:05", "text": "was just an aberration. But chances are,"}, {"start": "00:08:03", "end": "00:08:07", "text": "if we do get any sort of deeper"}, {"start": "00:08:05", "end": "00:08:09", "text": "pullback, it's going to be to 90 bucks"}, {"start": "00:08:07", "end": "00:08:12", "text": "or maybe 80 bucks, which will again be a"}, {"start": "00:08:09", "end": "00:08:14", "text": "higher low, meaning that the bullish"}, {"start": "00:08:12", "end": "00:08:16", "text": "market structure remains intact, and we"}, {"start": "00:08:14", "end": "00:08:18", "text": "are indeed turning the page here and"}, {"start": "00:08:16", "end": "00:08:19", "text": "entering into a new uptrend for Solana,"}, {"start": "00:08:18", "end": "00:08:21", "text": "which is very positive. That's what we"}, {"start": "00:08:19", "end": "00:08:23", "text": "want to see. We do like the uptrends,"}, {"start": "00:08:21", "end": "00:08:26", "text": "guys. Also, can I just point out these"}, {"start": "00:08:23", "end": "00:08:28", "text": "20-week EMA breakouts, which we had here"}, {"start": "00:08:26", "end": "00:08:30", "text": "back on the 17th of August? They don't"}, {"start": "00:08:28", "end": "00:08:31", "text": "happen very often, especially after a"}, {"start": "00:08:30", "end": "00:08:33", "text": "major downtrend. You want to see the"}, {"start": "00:08:31", "end": "00:08:36", "text": "last times that it happened? We had one"}, {"start": "00:08:33", "end": "00:08:38", "text": "here, 10th July 2023, price went from 20"}, {"start": "00:08:36", "end": "00:08:40", "text": "bucks up to 30 bucks, 50% gain,"}, {"start": "00:08:38", "end": "00:08:42", "text": "relatively, right? lose it, though, when"}, {"start": "00:08:40", "end": "00:08:44", "text": "it came back under. So, that's always a"}, {"start": "00:08:42", "end": "00:08:45", "text": "possibility. But regardless, the market"}, {"start": "00:08:44", "end": "00:08:47", "text": "structure even at that point had"}, {"start": "00:08:45", "end": "00:08:49", "text": "changed. We were now starting to look at"}, {"start": "00:08:47", "end": "00:08:51", "text": "higher highs and higher lows. But the"}, {"start": "00:08:49", "end": "00:08:53", "text": "big breakout happened here in September"}, {"start": "00:08:51", "end": "00:08:57", "text": "'23, when the price went from 20 bucks,"}, {"start": "00:08:53", "end": "00:08:58", "text": "basically straight up to 200 bucks. 10X."}, {"start": "00:08:57", "end": "00:09:00", "text": "10X, man, in a very short amount of"}, {"start": "00:08:58", "end": "00:09:02", "text": "time, just over a few months. Wild run"}, {"start": "00:09:00", "end": "00:09:04", "text": "for Solana. Not saying that's a"}, {"start": "00:09:02", "end": "00:09:06", "text": "guarantee to repeat by any means, but if"}, {"start": "00:09:04", "end": "00:09:07", "text": "we are truly breaking out here, that I"}, {"start": "00:09:06", "end": "00:09:09", "text": "think we need to up our targets."}, {"start": "00:09:07", "end": "00:09:14", "text": "Personally, on Solana. Don't be a hater,"}, {"start": "00:09:09", "end": "00:09:14", "text": "guys. SOL's going to the moon. Okay."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "This cycle's been quite different. This"}, {"start": "00:00:01", "end": "00:00:04", "text": "cycle, the question is where does the"}, {"start": "00:00:02", "end": "00:00:05", "text": "money actually go? Investors are"}, {"start": "00:00:04", "end": "00:00:06", "text": "demanding more in crypto, especially"}, {"start": "00:00:05", "end": "00:00:08", "text": "crypto natives who've been around for a"}, {"start": "00:00:06", "end": "00:00:10", "text": "while. The answer for a growing list of"}, {"start": "00:00:08", "end": "00:00:12", "text": "protocols right now, it goes to buy the"}, {"start": "00:00:10", "end": "00:00:14", "text": "token off the open market and take it"}, {"start": "00:00:12", "end": "00:00:16", "text": "out of circulation forever. That's not a"}, {"start": "00:00:14", "end": "00:00:18", "text": "governance right or some promise of"}, {"start": "00:00:16", "end": "00:00:18", "text": "being able to do some"}, {"start": "00:00:18", "end": "00:00:21", "text": ">> Not a utility."}, {"start": "00:00:18", "end": "00:00:22", "text": ">> It's a mechanism that works every day"}, {"start": "00:00:21", "end": "00:00:24", "text": "exactly like a corporate stock buyback."}, {"start": "00:00:22", "end": "00:00:26", "text": "Less supply, same or growing demand. And"}, {"start": "00:00:24", "end": "00:00:29", "text": "if it's real revenue funding it, which"}, {"start": "00:00:26", "end": "00:00:32", "text": "in most cases it is, it doesn't stop"}, {"start": "00:00:29", "end": "00:00:32", "text": "when the hype dies down."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Is this a new bull market? Is this a"}, {"start": "00:00:02", "end": "00:00:07", "text": "trend change? Or is this just [music] a"}, {"start": "00:00:04", "end": "00:00:10", "text": "leverage liquidation point in a further"}, {"start": "00:00:07", "end": "00:00:12", "text": "down step pattern? That is the question"}, {"start": "00:00:10", "end": "00:00:15", "text": "that even I am still asking. And and"}, {"start": "00:00:12", "end": "00:00:17", "text": "from a technical standpoint, one of the"}, {"start": "00:00:15", "end": "00:00:20", "text": "things we're missing is we still don't"}, {"start": "00:00:17", "end": "00:00:21", "text": "have a higher high yet in Bitcoin."}, {"start": "00:00:20", "end": "00:00:23", "text": "Right? So, when you look at your major"}, {"start": "00:00:21", "end": "00:00:26", "text": "pivots, right? Here was a major pivot at"}, {"start": "00:00:23", "end": "00:00:27", "text": "your all-time highs. Then we had this"}, {"start": "00:00:26", "end": "00:00:29", "text": "one here, which was that first flag"}, {"start": "00:00:27", "end": "00:00:31", "text": "pattern that broke down. Then we have"}, {"start": "00:00:29", "end": "00:00:34", "text": "this one here. Right? So high, high, and"}, {"start": "00:00:31", "end": "00:00:36", "text": "high. And we've been the whole way down."}, {"start": "00:00:34", "end": "00:00:39", "text": "We've been making low, lower, low, and"}, {"start": "00:00:36", "end": "00:00:41", "text": "lower, low. Right? Now, here's our first"}, {"start": "00:00:39", "end": "00:00:43", "text": "big move up. Well, I guess in all"}, {"start": "00:00:41", "end": "00:00:45", "text": "fairness, you could argue that this was"}, {"start": "00:00:43", "end": "00:00:48", "text": "very similar. Maybe not as vertical, but"}, {"start": "00:00:45", "end": "00:00:50", "text": "it was similar. But notice here how the"}, {"start": "00:00:48", "end": "00:00:53", "text": "high from this candle, [music]"}, {"start": "00:00:50", "end": "00:00:56", "text": "if we drag it across, look at how"}, {"start": "00:00:53", "end": "00:00:58", "text": "Bitcoin has not breached that. And so"}, {"start": "00:00:56", "end": "00:00:59", "text": "what I'm watching for and usually what"}, {"start": "00:00:58", "end": "00:01:02", "text": "tells us there's a change in trend in"}, {"start": "00:00:59", "end": "00:01:03", "text": "technical analysis is when we finally"}, {"start": "00:01:02", "end": "00:01:05", "text": "start making higher highs and higher"}, {"start": "00:01:03", "end": "00:01:08", "text": "lows because until then lower highs and"}, {"start": "00:01:05", "end": "00:01:11", "text": "lower lows it's a downtrend. [music] So"}, {"start": "00:01:08", "end": "00:01:14", "text": "right now per the charts we would have"}, {"start": "00:01:11", "end": "00:01:17", "text": "to say it's not yet a new bull market."}, {"start": "00:01:14", "end": "00:01:20", "text": "But if Bitcoin can breach this 82,800"}, {"start": "00:01:17", "end": "00:01:22", "text": "we'll call it 83,000. I think at least"}, {"start": "00:01:20", "end": "00:01:24", "text": "we can say okay now we have a higher"}, {"start": "00:01:22", "end": "00:01:26", "text": "high of a major pivot and we can start"}, {"start": "00:01:24", "end": "00:01:30", "text": "saying now on pullbacks we really look"}, {"start": "00:01:26", "end": "00:01:30", "text": "to start buying aggressively."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "The Senate is supposed to vote on the"}, {"start": "00:00:02", "end": "00:00:08", "text": "Clarity Act next week. Banks would shift"}, {"start": "00:00:05", "end": "00:00:10", "text": "trillions into this market overnight."}, {"start": "00:00:08", "end": "00:00:11", "text": "Thousands of people, maybe even you, if"}, {"start": "00:00:10", "end": "00:00:13", "text": "you hold a little bit of it, would"}, {"start": "00:00:11", "end": "00:00:16", "text": "become millionaires overnight. How"}, {"start": "00:00:13", "end": "00:00:21", "text": "crypto performs the rest of this year,"}, {"start": "00:00:16", "end": "00:00:25", "text": "September, October, November, December,"}, {"start": "00:00:21", "end": "00:00:29", "text": "all come down to what happens this week."}, {"start": "00:00:25", "end": "00:00:32", "text": "The stakes have literally never been"}, {"start": "00:00:29", "end": "00:00:35", "text": "higher. My name is Aaron. This is"}, {"start": "00:00:32", "end": "00:00:38", "text": "Altcoin Daily. If you appreciate us"}, {"start": "00:00:35", "end": "00:00:42", "text": "keeping you informed every day, lightly"}, {"start": "00:00:38", "end": "00:00:44", "text": "tap the like button and also share this"}, {"start": "00:00:42", "end": "00:00:47", "text": "video on your social media. The more"}, {"start": "00:00:44", "end": "00:00:50", "text": "people who watch videos like this, the"}, {"start": "00:00:47", "end": "00:00:54", "text": "higher crypto prices go. So, let's talk"}, {"start": "00:00:50", "end": "00:00:57", "text": "about what happens next with crypto and"}, {"start": "00:00:54", "end": "00:00:59", "text": "markets. I'll explain everything to you"}, {"start": "00:00:57", "end": "00:01:02", "text": "in the next four to five minutes or"}, {"start": "00:00:59", "end": "00:01:05", "text": "less. So, pay attention and let's start"}, {"start": "00:01:02", "end": "00:01:10", "text": "here. Crypto is heading into its biggest"}, {"start": "00:01:05", "end": "00:01:13", "text": "week ever. Two major catalysts, which to"}, {"start": "00:01:10", "end": "00:01:17", "text": "be honest, the market is anticipating"}, {"start": "00:01:13", "end": "00:01:22", "text": "bearish consequences. The first is the"}, {"start": "00:01:17", "end": "00:01:25", "text": "Clarity Act Senate vote. 76% odds"}, {"start": "00:01:22", "end": "00:01:28", "text": "clarity fails to pass this year per"}, {"start": "00:01:25", "end": "00:01:32", "text": "leading prediction markets and then the"}, {"start": "00:01:28", "end": "00:01:37", "text": "Fed's FOMC meeting decision where there"}, {"start": "00:01:32", "end": "00:01:41", "text": "is now 87% odds the first rate hike"}, {"start": "00:01:37", "end": "00:01:43", "text": "happens in three years. The market is"}, {"start": "00:01:41", "end": "00:01:46", "text": "anticipating both of these will be"}, {"start": "00:01:43", "end": "00:01:49", "text": "bearish catalysts for crypto. And then"}, {"start": "00:01:46", "end": "00:01:51", "text": "what else? What else is happening this"}, {"start": "00:01:49", "end": "00:01:55", "text": "week? Let me know in the comments. So,"}, {"start": "00:01:51", "end": "00:01:57", "text": "it's easy to find analysts on YouTube"}, {"start": "00:01:55", "end": "00:02:01", "text": "and Twitter and mainstream media"}, {"start": "00:01:57", "end": "00:02:04", "text": "pontificating why things break bearish"}, {"start": "00:02:01", "end": "00:02:08", "text": "this week. But let's talk about why this"}, {"start": "00:02:04", "end": "00:02:11", "text": "week might turn out bullish. This is the"}, {"start": "00:02:08", "end": "00:02:14", "text": "counternarrative that hardly anybody"}, {"start": "00:02:11", "end": "00:02:18", "text": "else is talking about. The Clarity Act"}, {"start": "00:02:14", "end": "00:02:21", "text": "passes in Senate this week and the Fed"}, {"start": "00:02:18", "end": "00:02:23", "text": "holds rates steady. Well, with everybody"}, {"start": "00:02:21", "end": "00:02:26", "text": "expecting Bitcoin and ETH to go down,"}, {"start": "00:02:23", "end": "00:02:29", "text": "what would happen to them in this"}, {"start": "00:02:26", "end": "00:02:31", "text": "environment? With Bitcoin looking like"}, {"start": "00:02:29", "end": "00:02:33", "text": "it's ready to turn over and many"}, {"start": "00:02:31", "end": "00:02:36", "text": "predicting it. Let's talk about if each"}, {"start": "00:02:33", "end": "00:02:38", "text": "one of these catalysts breaks bullish."}, {"start": "00:02:36", "end": "00:02:41", "text": "Again guys, smash the like button if you"}, {"start": "00:02:38", "end": "00:02:45", "text": "appreciate our daily content keeping you"}, {"start": "00:02:41", "end": "00:02:49", "text": "informed. With rate hikes likely this"}, {"start": "00:02:45", "end": "00:02:52", "text": "week, 85% plus chance a 25 basis point"}, {"start": "00:02:49", "end": "00:02:56", "text": "interest rate hike happens. The Fed's"}, {"start": "00:02:52", "end": "00:02:58", "text": "first rate hike in roughly 3 years."}, {"start": "00:02:56", "end": "00:03:00", "text": "Again, understand this is basically"}, {"start": "00:02:58", "end": "00:03:03", "text": "priced in. This is what the market"}, {"start": "00:03:00", "end": "00:03:06", "text": "thinks is likely. Has everybody"}, {"start": "00:03:03", "end": "00:03:09", "text": "forgotten about why Kevin Worsh was"}, {"start": "00:03:06", "end": "00:03:12", "text": "appointed in the first place? Here's the"}, {"start": "00:03:09", "end": "00:03:15", "text": "counternarrative. Trump picked Kevin"}, {"start": "00:03:12", "end": "00:03:18", "text": "Worsh on purpose. Wouldn't you think"}, {"start": "00:03:15", "end": "00:03:21", "text": "that not hiking rates before midterms"}, {"start": "00:03:18", "end": "00:03:23", "text": "would have to be a prerequisite for"}, {"start": "00:03:21", "end": "00:03:26", "text": "Trump to nominate him in the first"}, {"start": "00:03:23", "end": "00:03:28", "text": "place? And if that's the case, are we"}, {"start": "00:03:26", "end": "00:03:31", "text": "really supposed to believe that his"}, {"start": "00:03:28", "end": "00:03:34", "text": "handpicked Fed chair hikes rates the"}, {"start": "00:03:31", "end": "00:03:38", "text": "month before midterms? And the point to"}, {"start": "00:03:34", "end": "00:03:41", "text": "all of this is maybe the obvious trade,"}, {"start": "00:03:38", "end": "00:03:43", "text": "which is priced into the market, isn't"}, {"start": "00:03:41", "end": "00:03:45", "text": "so obvious. What do you think about"}, {"start": "00:03:43", "end": "00:03:47", "text": "this? Let me know in the comments."}, {"start": "00:03:45", "end": "00:03:49", "text": "Subscribe to Altcoin Daily for daily"}, {"start": "00:03:47", "end": "00:03:52", "text": "videos keeping you informed just like"}, {"start": "00:03:49", "end": "00:03:55", "text": "this. Now, let's talk about the Clarity"}, {"start": "00:03:52", "end": "00:03:58", "text": "Act passing against all odds in Senate"}, {"start": "00:03:55", "end": "00:04:00", "text": "this week because things are happening"}, {"start": "00:03:58", "end": "00:04:03", "text": "even tonight, Sunday night. But first of"}, {"start": "00:04:00", "end": "00:04:05", "text": "all, I want to show you this. It's"}, {"start": "00:04:03", "end": "00:04:07", "text": "actually kind of crazy the way the"}, {"start": "00:04:05", "end": "00:04:10", "text": "mainstream media is pumping up"}, {"start": "00:04:07", "end": "00:04:12", "text": "excitement about the Clarity Act vote"}, {"start": "00:04:10", "end": "00:04:15", "text": "this week. Say what you want about"}, {"start": "00:04:12", "end": "00:04:17", "text": "analysts like myself on YouTube. Hey,"}, {"start": "00:04:15", "end": "00:04:20", "text": "I'm bullish. I'm a believer. It's"}, {"start": "00:04:17", "end": "00:04:23", "text": "surprising that the mainstream media is"}, {"start": "00:04:20", "end": "00:04:26", "text": "pumping up hype and being this bullish."}, {"start": "00:04:23", "end": "00:04:28", "text": "If you hold a little bit of crypto, you"}, {"start": "00:04:26", "end": "00:04:30", "text": "could become a millionaire overnight."}, {"start": "00:04:28", "end": "00:04:32", "text": "The Senate is supposed to vote on the"}, {"start": "00:04:30", "end": "00:04:34", "text": "Clarity Act next week. Whether or not"}, {"start": "00:04:32", "end": "00:04:36", "text": "they will, who knows? I I I've been"}, {"start": "00:04:34", "end": "00:04:37", "text": "talking about a lot about this. Most"}, {"start": "00:04:36", "end": "00:04:40", "text": "people don't trade crypto, and that's"}, {"start": "00:04:37", "end": "00:04:42", "text": "okay. But it will affect everybody"}, {"start": "00:04:40", "end": "00:04:43", "text": "because it allows your retirement from"}, {"start": "00:04:42", "end": "00:04:45", "text": "some institutional investor, your"}, {"start": "00:04:43", "end": "00:04:48", "text": "pension or your even your assets in a"}, {"start": "00:04:45", "end": "00:04:51", "text": "bank account that has regulations to now"}, {"start": "00:04:48", "end": "00:04:53", "text": "be invested into cryptocurrency. Banks"}, {"start": "00:04:51", "end": "00:04:56", "text": "would shift trillions into this market"}, {"start": "00:04:53", "end": "00:04:57", "text": "overnight. Thousands of people, maybe"}, {"start": "00:04:56", "end": "00:04:59", "text": "even you, if you hold a little bit of"}, {"start": "00:04:57", "end": "00:05:01", "text": "it, would become millionaires overnight."}, {"start": "00:04:59", "end": "00:05:04", "text": "This would create a temporary cheaper"}, {"start": "00:05:01", "end": "00:05:06", "text": "money in in the economy while the admin"}, {"start": "00:05:04", "end": "00:05:07", "text": "can then focus on bringing diesel prices"}, {"start": "00:05:06", "end": "00:05:10", "text": "back down. But now let's get down to"}, {"start": "00:05:07", "end": "00:05:13", "text": "substance because in the final days, in"}, {"start": "00:05:10", "end": "00:05:15", "text": "the final hours, they are still trying"}, {"start": "00:05:13", "end": "00:05:19", "text": "to get this across the finish line, both"}, {"start": "00:05:15", "end": "00:05:22", "text": "sides. So with 60 votes needed to"}, {"start": "00:05:19", "end": "00:05:24", "text": "advance the Clarity Act in Senate this"}, {"start": "00:05:22", "end": "00:05:28", "text": "week, President Trump at the end of last"}, {"start": "00:05:24", "end": "00:05:31", "text": "week met with advisers to discuss what"}, {"start": "00:05:28", "end": "00:05:35", "text": "can they do with the ethics language in"}, {"start": "00:05:31", "end": "00:05:37", "text": "the bill to get the 60 votes needed. The"}, {"start": "00:05:35", "end": "00:05:39", "text": "outcome of this meeting was undisclosed."}, {"start": "00:05:37", "end": "00:05:41", "text": "However, and do not take this for"}, {"start": "00:05:39", "end": "00:05:44", "text": "granted. This is not something that"}, {"start": "00:05:41", "end": "00:05:46", "text": "happens lightly. Breaking news. Senate"}, {"start": "00:05:44", "end": "00:05:49", "text": "Democrats are set to meet tonight to"}, {"start": "00:05:46", "end": "00:05:51", "text": "discuss the Cryptoclarity Act. Of"}, {"start": "00:05:49", "end": "00:05:53", "text": "course, ethics will be a big thing"}, {"start": "00:05:51", "end": "00:05:57", "text": "talked about. This is happening on a"}, {"start": "00:05:53", "end": "00:05:59", "text": "Sunday night on a weekend. Hm. Bullish"}, {"start": "00:05:57", "end": "00:06:03", "text": "surprise loading perhaps, but they're"}, {"start": "00:05:59", "end": "00:06:06", "text": "just too far apart on ethics. What"}, {"start": "00:06:03", "end": "00:06:09", "text": "exactly can happen? Well, all eyes are"}, {"start": "00:06:06", "end": "00:06:14", "text": "on an amendment that Senator Tillis and"}, {"start": "00:06:09", "end": "00:06:16", "text": "Galgo proposed this week, a compromise"}, {"start": "00:06:14", "end": "00:06:19", "text": "targeting the conflict of interest and"}, {"start": "00:06:16", "end": "00:06:22", "text": "crypto entanglement rules within the"}, {"start": "00:06:19", "end": "00:06:25", "text": "digital asset market clarity act. Key"}, {"start": "00:06:22", "end": "00:06:28", "text": "elements of this proposal are"}, {"start": "00:06:25", "end": "00:06:30", "text": "enforcement, expansion, and addressing"}, {"start": "00:06:28", "end": "00:06:33", "text": "official entanglements. And again, this"}, {"start": "00:06:30", "end": "00:06:37", "text": "is to get those 60 votes to pass the"}, {"start": "00:06:33", "end": "00:06:41", "text": "bill. So with 60 votes needed, with the"}, {"start": "00:06:37", "end": "00:06:44", "text": "vote on Tuesday going into Monday, the"}, {"start": "00:06:41", "end": "00:06:47", "text": "White House will have to weigh in on the"}, {"start": "00:06:44", "end": "00:06:51", "text": "Tillis Galligo proposal. And hopefully"}, {"start": "00:06:47", "end": "00:06:53", "text": "they can come to agreement and hopefully"}, {"start": "00:06:51", "end": "00:06:55", "text": "this is what bridges the gap."}, {"start": "00:06:53", "end": "00:06:58", "text": ">> You're not getting 60 votes no matter"}, {"start": "00:06:55", "end": "00:06:59", "text": "what without an ethics resolution. The"}, {"start": "00:06:58", "end": "00:07:02", "text": "White House is going to have to come out"}, {"start": "00:06:59", "end": "00:07:04", "text": "and say something on the ethics proposal"}, {"start": "00:07:02", "end": "00:07:07", "text": "from Senators Tillis and Ggo. There"}, {"start": "00:07:04", "end": "00:07:08", "text": "hasn't been a lot of commentary over the"}, {"start": "00:07:07", "end": "00:07:10", "text": "last five or six weeks since that"}, {"start": "00:07:08", "end": "00:07:12", "text": "proposal initially went to the White"}, {"start": "00:07:10", "end": "00:07:14", "text": "House. I am hopeful that over the next"}, {"start": "00:07:12", "end": "00:07:15", "text": "few days as there's continued"}, {"start": "00:07:14", "end": "00:07:17", "text": "negotiations that we have a vote"}, {"start": "00:07:15", "end": "00:07:19", "text": "scheduled that Senate Majority Leader"}, {"start": "00:07:17", "end": "00:07:22", "text": "Thun is committed to keeping this vote"}, {"start": "00:07:19", "end": "00:07:25", "text": "at 2:15 next Tuesday that we start to"}, {"start": "00:07:22", "end": "00:07:27", "text": "see some smoke from the White House that"}, {"start": "00:07:25", "end": "00:07:29", "text": "we start to see some back and forth"}, {"start": "00:07:27", "end": "00:07:31", "text": "paper moving from Senate Democrats,"}, {"start": "00:07:29", "end": "00:07:33", "text": "specifically Senator Ggo, who's leading"}, {"start": "00:07:31", "end": "00:07:35", "text": "the conversations and the White House."}, {"start": "00:07:33", "end": "00:07:37", "text": "Tensions are high, however, as"}, {"start": "00:07:35", "end": "00:07:41", "text": "Coinbase's vice chair and head of"}, {"start": "00:07:37", "end": "00:07:44", "text": "corporate affairs calls out the Senate"}, {"start": "00:07:41", "end": "00:07:47", "text": "ahead of Tuesday's crypto vote, saying,"}, {"start": "00:07:44", "end": "00:07:49", "text": "\"If you fail to pass this, we get no"}, {"start": "00:07:47", "end": "00:07:52", "text": "consumer protection. We get no new"}, {"start": "00:07:49", "end": "00:07:54", "text": "enforcement tools, no framework to help"}, {"start": "00:07:52", "end": "00:07:57", "text": "address illicit finance.\" He's he's"}, {"start": "00:07:54", "end": "00:07:59", "text": "looking Senate directly in the eye and"}, {"start": "00:07:57", "end": "00:08:01", "text": "calling them out. Hopefully, not too"}, {"start": "00:07:59", "end": "00:08:03", "text": "little, too late. If you fail to pass"}, {"start": "00:08:01", "end": "00:08:05", "text": "this bill, if the Senate fails to pass"}, {"start": "00:08:03", "end": "00:08:07", "text": "this bill, you get no new consumer"}, {"start": "00:08:05", "end": "00:08:09", "text": "protections, you get no new law"}, {"start": "00:08:07", "end": "00:08:11", "text": "enforcement tools, and you get no new"}, {"start": "00:08:09", "end": "00:08:11", "text": "framework to help address elicit"}, {"start": "00:08:11", "end": "00:08:13", "text": "finance."}, {"start": "00:08:11", "end": "00:08:15", "text": ">> What is your confidence that this will"}, {"start": "00:08:13", "end": "00:08:17", "text": "get resolved before the midterm"}, {"start": "00:08:15", "end": "00:08:19", "text": "elections? Give us your odds."}, {"start": "00:08:17", "end": "00:08:22", "text": ">> Yeah. Well, the important thing is that"}, {"start": "00:08:19", "end": "00:08:24", "text": "it's time to stop talking and start"}, {"start": "00:08:22", "end": "00:08:26", "text": "voting. Right. Over the last few weeks,"}, {"start": "00:08:24", "end": "00:08:28", "text": "what we've seen is actually a broader"}, {"start": "00:08:26", "end": "00:08:30", "text": "coalition of groups, law enforcement,"}, {"start": "00:08:28", "end": "00:08:32", "text": "major Wall Street heavyweights, and"}, {"start": "00:08:30", "end": "00:08:34", "text": "millions of crypto voters coming"}, {"start": "00:08:32", "end": "00:08:36", "text": "together because they've taken the time"}, {"start": "00:08:34", "end": "00:08:38", "text": "to digest what's in this bill, and they"}, {"start": "00:08:36", "end": "00:08:41", "text": "realize it's critical because after a"}, {"start": "00:08:38", "end": "00:08:43", "text": "year of of bipartisan negotiations and"}, {"start": "00:08:41", "end": "00:08:46", "text": "compromise, the Senate is faced with a"}, {"start": "00:08:43", "end": "00:08:48", "text": "very stark choice. Do you adopt"}, {"start": "00:08:46", "end": "00:08:49", "text": "comprehensive federal oversight in the"}, {"start": "00:08:48", "end": "00:08:52", "text": "the space, or do you stick with the"}, {"start": "00:08:49", "end": "00:08:55", "text": "status quo? And the status quo prevents"}, {"start": "00:08:52", "end": "00:08:56", "text": "a stark contrast, which is to say, if"}, {"start": "00:08:55", "end": "00:08:58", "text": "you fail to pass this bill, if the"}, {"start": "00:08:56", "end": "00:09:00", "text": "Senate fails to pass this bill, you get"}, {"start": "00:08:58", "end": "00:09:02", "text": "no new consumer protections, you get no"}, {"start": "00:09:00", "end": "00:09:05", "text": "new law enforcement tools, and you get"}, {"start": "00:09:02", "end": "00:09:07", "text": "no new framework to help address elicit"}, {"start": "00:09:05", "end": "00:09:10", "text": "finance. So, I'm hopeful that senators"}, {"start": "00:09:07", "end": "00:09:12", "text": "will elevate policy over politics and"}, {"start": "00:09:10", "end": "00:09:13", "text": "get this across the finish line. But as"}, {"start": "00:09:12", "end": "00:09:16", "text": "we've been reporting to you and as the"}, {"start": "00:09:13", "end": "00:09:18", "text": "industry understands, if the Clarity Act"}, {"start": "00:09:16", "end": "00:09:22", "text": "fails, which in my opinion it is still"}, {"start": "00:09:18", "end": "00:09:24", "text": "likely to fail, this is certainly not"}, {"start": "00:09:22", "end": "00:09:27", "text": "the end and pro- crypto policy will be"}, {"start": "00:09:24", "end": "00:09:31", "text": "put in place either way. Clarity Act"}, {"start": "00:09:27", "end": "00:09:34", "text": "passing is the bestcase scenario, but"}, {"start": "00:09:31", "end": "00:09:37", "text": "this is a close second. As Coinbase's"}, {"start": "00:09:34", "end": "00:09:40", "text": "CFO reminds crypto holders, if Clarity"}, {"start": "00:09:37", "end": "00:09:43", "text": "Act isn't passed by Congress, we believe"}, {"start": "00:09:40", "end": "00:09:44", "text": "we have a viable path via the SEC and"}, {"start": "00:09:43", "end": "00:09:46", "text": "CFTC."}, {"start": "00:09:44", "end": "00:09:47", "text": ">> What happens if clarity if the Clarity"}, {"start": "00:09:46", "end": "00:09:49", "text": "Act doesn't pass?"}, {"start": "00:09:47", "end": "00:09:51", "text": ">> Look, there was always three paths to"}, {"start": "00:09:49", "end": "00:09:53", "text": "getting clarity. There was Congress,"}, {"start": "00:09:51", "end": "00:09:54", "text": "there were the agencies themselves, or"}, {"start": "00:09:53", "end": "00:09:56", "text": "there was the court system. So you may"}, {"start": "00:09:54", "end": "00:09:58", "text": "remember when we were under attack by"}, {"start": "00:09:56", "end": "00:10:00", "text": "the SEC, we were pursuing clarity via"}, {"start": "00:09:58", "end": "00:10:02", "text": "the courts. So if clarity doesn't pass"}, {"start": "00:10:00", "end": "00:10:05", "text": "by Congress, we believe that we have a"}, {"start": "00:10:02", "end": "00:10:09", "text": "path via the SEC and the CFTC. Both"}, {"start": "00:10:05", "end": "00:10:11", "text": "Chair Seelig and um Atkins have been"}, {"start": "00:10:09", "end": "00:10:13", "text": "incredibly innovative in trying to drive"}, {"start": "00:10:11", "end": "00:10:14", "text": "forward change and rulemaking at the"}, {"start": "00:10:13", "end": "00:10:16", "text": "agency level. And so we believe that"}, {"start": "00:10:14", "end": "00:10:18", "text": "we'll be continually able to offer new"}, {"start": "00:10:16", "end": "00:10:21", "text": "products and services via the agencies."}, {"start": "00:10:18", "end": "00:10:24", "text": ">> It truly all comes down to this week."}, {"start": "00:10:21", "end": "00:10:25", "text": "Clarity Act fails. Senator Cynthia Lumis"}, {"start": "00:10:24", "end": "00:10:28", "text": "and I'm sure Donald Trump, they're"}, {"start": "00:10:25", "end": "00:10:31", "text": "blaming the Democrats. Democrat and"}, {"start": "00:10:28", "end": "00:10:33", "text": "crypto advocate Mike Novagratz answers"}, {"start": "00:10:31", "end": "00:10:35", "text": "back saying it's not dead yet."}, {"start": "00:10:33", "end": "00:10:38", "text": "Negotiations are still going on over the"}, {"start": "00:10:35", "end": "00:10:41", "text": "weekend and he believes that it could"}, {"start": "00:10:38", "end": "00:10:44", "text": "still pass. White House crypto advisor"}, {"start": "00:10:41", "end": "00:10:47", "text": "Patrick Wit says it's going to be a bad"}, {"start": "00:10:44", "end": "00:10:49", "text": "day to be a Clarity Act doomer this"}, {"start": "00:10:47", "end": "00:10:52", "text": "week. Obviously alluding to the fact"}, {"start": "00:10:49", "end": "00:10:55", "text": "that the popular sentiment in the market"}, {"start": "00:10:52", "end": "00:10:58", "text": "is Clarity Act will fail. Salana Policy"}, {"start": "00:10:55", "end": "00:11:01", "text": "Institute President Kristen Smith, she"}, {"start": "00:10:58", "end": "00:11:04", "text": "says that keep in mind Clarity Act could"}, {"start": "00:11:01", "end": "00:11:07", "text": "still come together very very quickly."}, {"start": "00:11:04", "end": "00:11:10", "text": "So although there is practically no time"}, {"start": "00:11:07", "end": "00:11:13", "text": "left, there is still time left. And if"}, {"start": "00:11:10", "end": "00:11:15", "text": "it does pass in retrospect, I think it's"}, {"start": "00:11:13", "end": "00:11:18", "text": "going to be obvious. I mean, President"}, {"start": "00:11:15", "end": "00:11:21", "text": "Trump, BlackRock, Fidelity, Franklin"}, {"start": "00:11:18", "end": "00:11:25", "text": "Templeton, the SEC, the CFTC, Goldman"}, {"start": "00:11:21", "end": "00:11:28", "text": "Sachs, Charles Schwab, JP Morgan, City"}, {"start": "00:11:25", "end": "00:11:31", "text": "Bank, etc., etc., etc., all want Clarity"}, {"start": "00:11:28", "end": "00:11:34", "text": "to pass. And in retrospect, it it would"}, {"start": "00:11:31", "end": "00:11:37", "text": "be obvious, but besides that, Crypto"}, {"start": "00:11:34", "end": "00:11:41", "text": "Clarity Act isn't the only crypto policy"}, {"start": "00:11:37", "end": "00:11:44", "text": "bill before legislators this week. 15th"}, {"start": "00:11:41", "end": "00:11:47", "text": "is the Clarity Act vote, but the 16th"}, {"start": "00:11:44", "end": "00:11:50", "text": "brings a House markup on pro crypto tax"}, {"start": "00:11:47", "end": "00:11:52", "text": "rules. This would be the first time that"}, {"start": "00:11:50", "end": "00:11:55", "text": "crypto tax legislation has gone from"}, {"start": "00:11:52", "end": "00:11:58", "text": "being introduced as a bill to a formal"}, {"start": "00:11:55", "end": "00:12:00", "text": "committee vote. So, plenty of light at"}, {"start": "00:11:58", "end": "00:12:03", "text": "the end of the tunnel. You do not want"}, {"start": "00:12:00", "end": "00:12:05", "text": "to miss the coverage that's happening in"}, {"start": "00:12:03", "end": "00:12:08", "text": "crypto this week. So, make sure you"}, {"start": "00:12:05", "end": "00:12:11", "text": "subscribe to Altcoin Daily. Crypto"}, {"start": "00:12:08", "end": "00:12:14", "text": "traders, it is not too late to win your"}, {"start": "00:12:11", "end": "00:12:18", "text": "share of a $100,000"}, {"start": "00:12:14", "end": "00:12:22", "text": "USDT prize pool. Register with our link"}, {"start": "00:12:18", "end": "00:12:24", "text": "to become eligible for this. It's on the"}, {"start": "00:12:22", "end": "00:12:28", "text": "exchange WEX. You can join at any time,"}, {"start": "00:12:24", "end": "00:12:31", "text": "but over the next 30 days, everybody is"}, {"start": "00:12:28", "end": "00:12:35", "text": "competing against AI. Who can trade the"}, {"start": "00:12:31", "end": "00:12:37", "text": "best and how much of the $100,000 USD"}, {"start": "00:12:35", "end": "00:12:40", "text": "can you get? There's also 70,000 up for"}, {"start": "00:12:37", "end": "00:12:43", "text": "new users, another 300,000 up for"}, {"start": "00:12:40", "end": "00:12:47", "text": "completing different tasks, and 30,000"}, {"start": "00:12:43", "end": "00:12:50", "text": "for elite performers. So, a lot of ways"}, {"start": "00:12:47", "end": "00:12:53", "text": "to win trading on WEX. Use our link"}, {"start": "00:12:50", "end": "00:12:55", "text": "below to take full advantage of all"}, {"start": "00:12:53", "end": "00:12:56", "text": "promotions now and going forward. And"}, {"start": "00:12:55", "end": "00:12:59", "text": "I'll see you tomorrow. It's going to be"}, {"start": "00:12:56", "end": "00:12:59", "text": "a big week."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "You were one of the people loudest"}, {"start": "00:00:02", "end": "00:00:05", "text": "calling for this pump. In fact, you put"}, {"start": "00:00:04", "end": "00:00:07", "text": "out a video. I believe I have a $5"}, {"start": "00:00:05", "end": "00:00:09", "text": "million long."}, {"start": "00:00:07", "end": "00:00:12", "text": ">> It hasn't surged dramatically yet, but"}, {"start": "00:00:09", "end": "00:00:13", "text": "based on technical analysis, that surge"}, {"start": "00:00:12", "end": "00:00:14", "text": "should be coming."}, {"start": "00:00:13", "end": "00:00:16", "text": ">> And it paid off."}, {"start": "00:00:14", "end": "00:00:19", "text": ">> I told you it was going to hit. And sure"}, {"start": "00:00:16", "end": "00:00:21", "text": "enough, Bitcoin is ripping today."}, {"start": "00:00:19", "end": "00:00:22", "text": ">> Can you talk about how you knew Bitcoin"}, {"start": "00:00:21", "end": "00:00:24", "text": "was going to get this pump and then"}, {"start": "00:00:22", "end": "00:00:28", "text": "what's next? Today, I sit down with"}, {"start": "00:00:24", "end": "00:00:30", "text": "27-year expert trader Gareth Saloway."}, {"start": "00:00:28", "end": "00:00:32", "text": "It's going to be more painful than any"}, {"start": "00:00:30", "end": "00:00:34", "text": "of us at our age have ever experienced"}, {"start": "00:00:32", "end": "00:00:36", "text": ">> about what's next for crypto."}, {"start": "00:00:34", "end": "00:00:38", "text": ">> I think we're looking at a potential big"}, {"start": "00:00:36", "end": "00:00:40", "text": "move up on those on on that trade."}, {"start": "00:00:38", "end": "00:00:42", "text": ">> What's next with the stock market? The"}, {"start": "00:00:40", "end": "00:00:44", "text": "music stops and I'm I'm isolating more"}, {"start": "00:00:42", "end": "00:00:46", "text": "and more the 100redyear cycle with the"}, {"start": "00:00:44", "end": "00:00:49", "text": "Great Depression as being the most"}, {"start": "00:00:46", "end": "00:00:51", "text": "likely candidate. Best altcoins poised"}, {"start": "00:00:49", "end": "00:00:53", "text": "for a breakout. If Bitcoin breaks out or"}, {"start": "00:00:51", "end": "00:00:55", "text": "breaks down, what altcoins do you think"}, {"start": "00:00:53", "end": "00:00:57", "text": "will be the biggest movers or the"}, {"start": "00:00:55", "end": "00:00:58", "text": "easiest setups? Watch today's whole"}, {"start": "00:00:57", "end": "00:01:00", "text": "video."}, {"start": "00:00:58", "end": "00:01:02", "text": ">> So, believe it or not, my my best"}, {"start": "00:01:00", "end": "00:01:05", "text": "conviction trades into year end so you"}, {"start": "00:01:02", "end": "00:01:07", "text": "understand everything. How do I become a"}, {"start": "00:01:05", "end": "00:01:09", "text": "profitable trader? Gareth shares his"}, {"start": "00:01:07", "end": "00:01:11", "text": "best trading advice on how to trade"}, {"start": "00:01:09", "end": "00:01:13", "text": "crypto and win. What are one or two"}, {"start": "00:01:11", "end": "00:01:15", "text": "things that need to happen? Click"}, {"start": "00:01:13", "end": "00:01:17", "text": "subscribe so you never miss"}, {"start": "00:01:15", "end": "00:01:20", "text": "conversations like this. Tap the like"}, {"start": "00:01:17", "end": "00:01:23", "text": "button right now and let's start. What"}, {"start": "00:01:20", "end": "00:01:25", "text": "has changed in your outlook in the last"}, {"start": "00:01:23", "end": "00:01:26", "text": "3 4 months since you've been on?"}, {"start": "00:01:25", "end": "00:01:28", "text": "anything big or is it has it gone"}, {"start": "00:01:26", "end": "00:01:32", "text": "exactly as planned?"}, {"start": "00:01:28", "end": "00:01:34", "text": ">> So, I mean, you know, I think that there"}, {"start": "00:01:32", "end": "00:01:37", "text": "have been some things that have changed."}, {"start": "00:01:34", "end": "00:01:41", "text": "I think that the US debt situation just"}, {"start": "00:01:37", "end": "00:01:43", "text": "continues to spiral. Um, you know, in"}, {"start": "00:01:41", "end": "00:01:45", "text": "addition, I think that the yield curve"}, {"start": "00:01:43", "end": "00:01:47", "text": "control that the government's now"}, {"start": "00:01:45", "end": "00:01:49", "text": "starting to kind of go towards is just"}, {"start": "00:01:47", "end": "00:01:51", "text": "another I mean, in the short term, will"}, {"start": "00:01:49", "end": "00:01:54", "text": "it potentially, if they throw enough"}, {"start": "00:01:51", "end": "00:01:56", "text": "money at it, work? Yes. So it prolongs"}, {"start": "00:01:54", "end": "00:01:58", "text": "the inevitable collapse, but it doesn't"}, {"start": "00:01:56", "end": "00:02:01", "text": "cancel it. And it just, you know, the"}, {"start": "00:01:58", "end": "00:02:04", "text": "more times people postpone things. The"}, {"start": "00:02:01", "end": "00:02:05", "text": "eventual collapse is always much worse."}, {"start": "00:02:04", "end": "00:02:07", "text": "And I think that's kind of just the"}, {"start": "00:02:05", "end": "00:02:09", "text": "realization that I'm getting towards is"}, {"start": "00:02:07", "end": "00:02:12", "text": "that we may not see a collapse in the"}, {"start": "00:02:09", "end": "00:02:15", "text": "markets or in the economy for years, but"}, {"start": "00:02:12", "end": "00:02:18", "text": "I think by like 2030, we're looking at"}, {"start": "00:02:15", "end": "00:02:19", "text": "something that unfortunately resembles"}, {"start": "00:02:18", "end": "00:02:21", "text": "potentially the Great Depression. And I"}, {"start": "00:02:19", "end": "00:02:22", "text": "hope I'm wrong. I really do hope I'm"}, {"start": "00:02:21", "end": "00:02:25", "text": "wrong because none of us want to see"}, {"start": "00:02:22", "end": "00:02:27", "text": "that. But how long can we go on with the"}, {"start": "00:02:25", "end": "00:02:28", "text": "current structure, the current spending,"}, {"start": "00:02:27", "end": "00:02:30", "text": "the current everything?"}, {"start": "00:02:28", "end": "00:02:33", "text": ">> Well, it appear it appears the bond"}, {"start": "00:02:30", "end": "00:02:35", "text": "market is, you know, has been reacting"}, {"start": "00:02:33", "end": "00:02:37", "text": "to some of this money printing too. To"}, {"start": "00:02:35", "end": "00:02:40", "text": "start, because ultimately this channel"}, {"start": "00:02:37", "end": "00:02:42", "text": "cares about Bitcoin and crypto. What"}, {"start": "00:02:40", "end": "00:02:44", "text": "what what market do you want to look at"}, {"start": "00:02:42", "end": "00:02:46", "text": "first? Is it bond yields? Is it the"}, {"start": "00:02:44", "end": "00:02:48", "text": "stock market? What is the main driver"}, {"start": "00:02:46", "end": "00:02:51", "text": "macro-wise, do you think? Yeah,"}, {"start": "00:02:48", "end": "00:02:54", "text": "macro-wise it's definitely yields,"}, {"start": "00:02:51", "end": "00:02:56", "text": "right? And yields maybe 30 years ago"}, {"start": "00:02:54", "end": "00:02:58", "text": "wouldn't have been a big driver, but the"}, {"start": "00:02:56", "end": "00:03:02", "text": "more debt a country has, the more debt a"}, {"start": "00:02:58", "end": "00:03:05", "text": "a global system has like we do in in the"}, {"start": "00:03:02", "end": "00:03:07", "text": "fiat way, the more yields are going to"}, {"start": "00:03:05", "end": "00:03:10", "text": "impact because that's interest payments,"}, {"start": "00:03:07", "end": "00:03:12", "text": "right? So, it's sucking money out. Uh"}, {"start": "00:03:10", "end": "00:03:13", "text": "for instance, the US right now pays a"}, {"start": "00:03:12", "end": "00:03:16", "text": "trillion dollars in interest. That's"}, {"start": "00:03:13", "end": "00:03:18", "text": "just money wasted. it could go to pay"}, {"start": "00:03:16", "end": "00:03:20", "text": "for I mean whether you agree with it or"}, {"start": "00:03:18", "end": "00:03:22", "text": "not it could cover universal health care"}, {"start": "00:03:20", "end": "00:03:24", "text": "alone there right and so so wasted money"}, {"start": "00:03:22", "end": "00:03:27", "text": "is never something good um let's start"}, {"start": "00:03:24", "end": "00:03:29", "text": "out by looking at the yield chart on the"}, {"start": "00:03:27", "end": "00:03:32", "text": "10-year and again you know we just saw"}, {"start": "00:03:29", "end": "00:03:33", "text": "the CPI data coming out we have the Fed"}, {"start": "00:03:32", "end": "00:03:35", "text": "coming up and all of these different"}, {"start": "00:03:33", "end": "00:03:38", "text": "things and you can see that yields have"}, {"start": "00:03:35", "end": "00:03:40", "text": "really just been grinding up more and"}, {"start": "00:03:38", "end": "00:03:43", "text": "more now the big level we're all"}, {"start": "00:03:40", "end": "00:03:47", "text": "watching is this high pivot from October"}, {"start": "00:03:43", "end": "00:03:50", "text": "of 2023 three and this level here is um"}, {"start": "00:03:47", "end": "00:03:52", "text": "basically was at 5%. And so if we were"}, {"start": "00:03:50", "end": "00:03:54", "text": "to breach that, I think that's where"}, {"start": "00:03:52", "end": "00:03:56", "text": "you'll see even more fear come in,"}, {"start": "00:03:54", "end": "00:03:58", "text": "especially within the bond market,"}, {"start": "00:03:56", "end": "00:04:01", "text": "within investors and institutional"}, {"start": "00:03:58", "end": "00:04:03", "text": "money. As long as we stay below this,"}, {"start": "00:04:01", "end": "00:04:05", "text": "I'm optimistic at least things aren't"}, {"start": "00:04:03", "end": "00:04:07", "text": "going to blow up right now. And I still"}, {"start": "00:04:05", "end": "00:04:09", "text": "think with the yield curve control, if"}, {"start": "00:04:07", "end": "00:04:11", "text": "they need to, they'll throw enough at"}, {"start": "00:04:09", "end": "00:04:14", "text": "the system to try to keep us on the"}, {"start": "00:04:11", "end": "00:04:17", "text": "10-year at or below 5%. So, I think this"}, {"start": "00:04:14", "end": "00:04:19", "text": "is the big one. Just to point this out,"}, {"start": "00:04:17", "end": "00:04:22", "text": "if you go back on the chart of the"}, {"start": "00:04:19", "end": "00:04:27", "text": "10-year yield, the last time we were"}, {"start": "00:04:22", "end": "00:04:29", "text": "above the October 2023 highs, it was in"}, {"start": "00:04:27", "end": "00:04:33", "text": "2007. And we all know what happened"}, {"start": "00:04:29", "end": "00:04:35", "text": "after 2007, 2008, 2009, the financial"}, {"start": "00:04:33", "end": "00:04:38", "text": "crisis. So, it is a little ominous. And"}, {"start": "00:04:35", "end": "00:04:43", "text": "also I just point this out is back in"}, {"start": "00:04:38", "end": "00:04:46", "text": "2007 the US national debt was below 50%"}, {"start": "00:04:43", "end": "00:04:50", "text": "of what it is currently. So rates being"}, {"start": "00:04:46", "end": "00:04:51", "text": "this high is way worse than it was back"}, {"start": "00:04:50", "end": "00:04:54", "text": "then."}, {"start": "00:04:51", "end": "00:04:55", "text": ">> For somebody who's just a lowly Bitcoin"}, {"start": "00:04:54", "end": "00:04:59", "text": "investor starting to understand more"}, {"start": "00:04:55", "end": "00:05:01", "text": "macro every minute. Why is high rates"}, {"start": "00:04:59", "end": "00:05:04", "text": "bad for crypto?"}, {"start": "00:05:01", "end": "00:05:07", "text": "So high rates is bad for crypto because"}, {"start": "00:05:04", "end": "00:05:08", "text": "it offers competition, right? And so,"}, {"start": "00:05:07", "end": "00:05:11", "text": "you know, it's the same thing in the way"}, {"start": "00:05:08", "end": "00:05:13", "text": "of the stock market. And I would argue"}, {"start": "00:05:11", "end": "00:05:16", "text": "that under certain circumstances, high"}, {"start": "00:05:13", "end": "00:05:18", "text": "rates are bad for crypto. Under certain"}, {"start": "00:05:16", "end": "00:05:20", "text": "circumstances, they're really good for"}, {"start": "00:05:18", "end": "00:05:22", "text": "crypto. And I'll explain the difference."}, {"start": "00:05:20", "end": "00:05:25", "text": "So, you know, basically what we have"}, {"start": "00:05:22", "end": "00:05:26", "text": "here is you have high rates giving"}, {"start": "00:05:25", "end": "00:05:28", "text": "people an alternative. So, as long as"}, {"start": "00:05:26", "end": "00:05:31", "text": "the whole system is not collapsing this"}, {"start": "00:05:28", "end": "00:05:34", "text": "second, people can say, \"Okay, well, I"}, {"start": "00:05:31", "end": "00:05:36", "text": "can get 5% now on a 10-year bond or I"}, {"start": "00:05:34", "end": "00:05:38", "text": "can get a little bit more on a 30-year"}, {"start": "00:05:36", "end": "00:05:40", "text": "bond.\" And some people are okay with"}, {"start": "00:05:38", "end": "00:05:42", "text": "that. And it says, \"Okay, well, I won't"}, {"start": "00:05:40", "end": "00:05:45", "text": "go for the higher risk assets. I won't"}, {"start": "00:05:42", "end": "00:05:48", "text": "invest in Apple because I know I can get"}, {"start": "00:05:45", "end": "00:05:50", "text": "7% on a 30-year or 6% on a 30-year um"}, {"start": "00:05:48", "end": "00:05:52", "text": "versus maybe what Apple will pay me over"}, {"start": "00:05:50", "end": "00:05:54", "text": "the course of holding it and the stock"}, {"start": "00:05:52", "end": "00:05:57", "text": "appreciating. So, it does offer"}, {"start": "00:05:54", "end": "00:05:59", "text": "competition, but what I thought was"}, {"start": "00:05:57", "end": "00:06:00", "text": "fascinating is the recent rally. And I'm"}, {"start": "00:05:59", "end": "00:06:02", "text": "going to flip over to Bitcoin's chart so"}, {"start": "00:06:00", "end": "00:06:04", "text": "we can take a look at this. For anybody"}, {"start": "00:06:02", "end": "00:06:09", "text": "trading, check out exchange partner WEX."}, {"start": "00:06:04", "end": "00:06:12", "text": "And for the next 29 days, join WEX's AI"}, {"start": "00:06:09", "end": "00:06:14", "text": "Wars 2, where if you're trading anyway,"}, {"start": "00:06:12", "end": "00:06:16", "text": "join as team human, trade as a human, or"}, {"start": "00:06:14", "end": "00:06:19", "text": "if you have a AI trading bot, plug your"}, {"start": "00:06:16", "end": "00:06:21", "text": "AI trading bot in and get a piece of the"}, {"start": "00:06:19", "end": "00:06:24", "text": "total $600,000"}, {"start": "00:06:21", "end": "00:06:26", "text": "prize pool. Again, if you're trading"}, {"start": "00:06:24", "end": "00:06:29", "text": "anyway, the winners will take 70% of the"}, {"start": "00:06:26", "end": "00:06:31", "text": "share. The losers still get 30% of the"}, {"start": "00:06:29", "end": "00:06:33", "text": "share. Will not last forever for the"}, {"start": "00:06:31", "end": "00:06:35", "text": "next 29 days. Link below. And I'm going"}, {"start": "00:06:33", "end": "00:06:37", "text": "to flip over to Bitcoin's chart so we"}, {"start": "00:06:35", "end": "00:06:41", "text": "can take a look at this. The recent"}, {"start": "00:06:37", "end": "00:06:43", "text": "rally in Bitcoin where we broke out from"}, {"start": "00:06:41", "end": "00:06:47", "text": "this descending trend line and we had"}, {"start": "00:06:43", "end": "00:06:49", "text": "this huge surge up. The catalyst there"}, {"start": "00:06:47", "end": "00:06:51", "text": "was when you had Scott Bent coming out"}, {"start": "00:06:49", "end": "00:06:54", "text": "and saying, \"We're going to start trying"}, {"start": "00:06:51", "end": "00:06:55", "text": "to control the yield curve.\" Now, number"}, {"start": "00:06:54", "end": "00:06:57", "text": "one, it didn't work, right? So, we've"}, {"start": "00:06:55", "end": "00:06:59", "text": "seen yields actually go higher since"}, {"start": "00:06:57", "end": "00:07:03", "text": "they tried to do this. But number two,"}, {"start": "00:06:59", "end": "00:07:05", "text": "it shows to me as a Bitcoin future"}, {"start": "00:07:03", "end": "00:07:07", "text": "believer, right? I'm a believer that"}, {"start": "00:07:05", "end": "00:07:10", "text": "there is a use case for it as a digital"}, {"start": "00:07:07", "end": "00:07:13", "text": "gold in the future uh as well as gold is"}, {"start": "00:07:10", "end": "00:07:16", "text": "that the government is starting to"}, {"start": "00:07:13", "end": "00:07:19", "text": "understand where this whole fiasco is"}, {"start": "00:07:16", "end": "00:07:20", "text": "going. They know that fiat is declining."}, {"start": "00:07:19", "end": "00:07:22", "text": "They know it's eventually going to die."}, {"start": "00:07:20", "end": "00:07:24", "text": "They're trying to prolong it. They're"}, {"start": "00:07:22", "end": "00:07:26", "text": "the doctor, you know, putting the drugs"}, {"start": "00:07:24", "end": "00:07:27", "text": "into the patient and saying, \"Hey,"}, {"start": "00:07:26", "end": "00:07:30", "text": "listen. We got to keep this patient"}, {"start": "00:07:27", "end": "00:07:33", "text": "alive for as long as we can before they"}, {"start": "00:07:30", "end": "00:07:35", "text": "finally die out.\" And so longer term"}, {"start": "00:07:33", "end": "00:07:38", "text": "when people start to really not believe"}, {"start": "00:07:35", "end": "00:07:41", "text": "in the US system, the US financial"}, {"start": "00:07:38", "end": "00:07:44", "text": "security system, um that's when yields"}, {"start": "00:07:41", "end": "00:07:46", "text": "will shoot through the roof, but also"}, {"start": "00:07:44", "end": "00:07:48", "text": "when Bitcoin I think really becomes"}, {"start": "00:07:46", "end": "00:07:50", "text": "dominant when people fully lose"}, {"start": "00:07:48", "end": "00:07:52", "text": "confidence in the US and the global fiat"}, {"start": "00:07:50", "end": "00:07:54", "text": "system."}, {"start": "00:07:52", "end": "00:07:55", "text": ">> I'm a fan of your channel. I'm a"}, {"start": "00:07:54", "end": "00:07:56", "text": "subscriber. I'll put the links down"}, {"start": "00:07:55", "end": "00:07:59", "text": "below for the audience."}, {"start": "00:07:56", "end": "00:08:00", "text": ">> You were one of the people loudest"}, {"start": "00:07:59", "end": "00:08:02", "text": "calling for this pump. In fact, you put"}, {"start": "00:08:00", "end": "00:08:05", "text": "out a video, I believe. I have a $5"}, {"start": "00:08:02", "end": "00:08:07", "text": "million long and it paid off."}, {"start": "00:08:05", "end": "00:08:08", "text": ">> Can you talk about how you knew Bitcoin"}, {"start": "00:08:07", "end": "00:08:10", "text": "was going to get this pump and then"}, {"start": "00:08:08", "end": "00:08:12", "text": "what's next now that we're here?"}, {"start": "00:08:10", "end": "00:08:14", "text": ">> Yeah. Yeah, sure. Um, and thank you for"}, {"start": "00:08:12", "end": "00:08:16", "text": "mentioning that. That was that was I I"}, {"start": "00:08:14", "end": "00:08:17", "text": "took a lot of flack. It's funny when"}, {"start": "00:08:16", "end": "00:08:19", "text": "things are at the worst in Bitcoin,"}, {"start": "00:08:17", "end": "00:08:20", "text": "everyone hates Bitcoin and then all of a"}, {"start": "00:08:19", "end": "00:08:22", "text": "sudden when it goes up, everyone loves"}, {"start": "00:08:20", "end": "00:08:24", "text": "it again. But, you know, really it was"}, {"start": "00:08:22", "end": "00:08:26", "text": "just looking at the chart and the"}, {"start": "00:08:24", "end": "00:08:29", "text": "simplicity. I love to keep things simple"}, {"start": "00:08:26", "end": "00:08:31", "text": "on a chart and I had seen this. This is"}, {"start": "00:08:29", "end": "00:08:33", "text": "from our all-time high up here, right?"}, {"start": "00:08:31", "end": "00:08:35", "text": "So, you know, the when you anchor a"}, {"start": "00:08:33", "end": "00:08:36", "text": "trend line, you're always wanting to"}, {"start": "00:08:35", "end": "00:08:38", "text": "anchor it from something significant."}, {"start": "00:08:36", "end": "00:08:40", "text": "You don't want to just, you know, pick a"}, {"start": "00:08:38", "end": "00:08:42", "text": "arbitrary line like, oh, let's just pick"}, {"start": "00:08:40", "end": "00:08:44", "text": "this one right here. You know, you pick"}, {"start": "00:08:42", "end": "00:08:46", "text": "it from a major point, either a major"}, {"start": "00:08:44", "end": "00:08:48", "text": "low or a major major high. And what I"}, {"start": "00:08:46", "end": "00:08:51", "text": "noticed is we kept on hammering here,"}, {"start": "00:08:48", "end": "00:08:54", "text": "got rejected, and then we hammered here"}, {"start": "00:08:51", "end": "00:08:56", "text": "again. And really what I had started to"}, {"start": "00:08:54", "end": "00:08:58", "text": "see was gold was already breaking out."}, {"start": "00:08:56", "end": "00:09:00", "text": "So, gold actually led this move and the"}, {"start": "00:08:58", "end": "00:09:03", "text": "stock market was basically near all-time"}, {"start": "00:09:00", "end": "00:09:05", "text": "highs and so asset prices overall were"}, {"start": "00:09:03", "end": "00:09:06", "text": "increasing and Bitcoin was being left in"}, {"start": "00:09:05", "end": "00:09:08", "text": "the dust. Now, a lot of people would"}, {"start": "00:09:06", "end": "00:09:10", "text": "say, \"Oh, well, Bitcoin's dead.\" I don't"}, {"start": "00:09:08", "end": "00:09:12", "text": "buy that. I don't I don't believe that,"}, {"start": "00:09:10", "end": "00:09:14", "text": "especially when you have investors that"}, {"start": "00:09:12", "end": "00:09:16", "text": "are always looking for a deal. And so,"}, {"start": "00:09:14", "end": "00:09:18", "text": "eventually what I said to myself is,"}, {"start": "00:09:16", "end": "00:09:19", "text": "okay, we got the breakout and then price"}, {"start": "00:09:18", "end": "00:09:21", "text": "didn't do anything. It was kind of"}, {"start": "00:09:19", "end": "00:09:22", "text": "disappointing and people were like, \"Ah,"}, {"start": "00:09:21", "end": "00:09:25", "text": "he's going to be wrong. It's going"}, {"start": "00:09:22", "end": "00:09:28", "text": "down.\" But as long as we stayed above"}, {"start": "00:09:25", "end": "00:09:29", "text": "that line, the blood was flowing back"}, {"start": "00:09:28", "end": "00:09:33", "text": "into Bitcoin that showed me"}, {"start": "00:09:29", "end": "00:09:36", "text": "accumulation. In addition, I use my"}, {"start": "00:09:33", "end": "00:09:38", "text": "comments on YouTube like on that video"}, {"start": "00:09:36", "end": "00:09:40", "text": "as an indicator and basically a"}, {"start": "00:09:38", "end": "00:09:42", "text": "contrarian indicator. And the more"}, {"start": "00:09:40", "end": "00:09:45", "text": "people that are telling me it's dead,"}, {"start": "00:09:42", "end": "00:09:48", "text": "it's going to go to 50,000 first or"}, {"start": "00:09:45", "end": "00:09:49", "text": "30,000, the more I'm like, \"Oh boy, it's"}, {"start": "00:09:48", "end": "00:09:52", "text": "getting ready to rip.\" And the reason"}, {"start": "00:09:49", "end": "00:09:54", "text": "why it's the sentiment indicates how"}, {"start": "00:09:52", "end": "00:09:57", "text": "many people are off sides on the trade."}, {"start": "00:09:54", "end": "00:09:59", "text": "And so when you get a little bit of a"}, {"start": "00:09:57", "end": "00:10:01", "text": "move up, there's so many people that are"}, {"start": "00:09:59", "end": "00:10:04", "text": "not in Bitcoin that they then become the"}, {"start": "00:10:01", "end": "00:10:06", "text": "title wave behind you that pushes it in"}, {"start": "00:10:04", "end": "00:10:08", "text": "that direction. Right? Everyone's off"}, {"start": "00:10:06", "end": "00:10:10", "text": "sides has been bearish and now even just"}, {"start": "00:10:08", "end": "00:10:12", "text": "a little bullishness pushes everyone"}, {"start": "00:10:10", "end": "00:10:14", "text": "back and it just pops it to the upside."}, {"start": "00:10:12", "end": "00:10:17", "text": "So, so it was a lot of factors in that"}, {"start": "00:10:14", "end": "00:10:19", "text": "way. uh combination of psychology as"}, {"start": "00:10:17", "end": "00:10:20", "text": "well as charts and then just also"}, {"start": "00:10:19", "end": "00:10:22", "text": "watching what gold was doing and"}, {"start": "00:10:20", "end": "00:10:24", "text": "understanding my belief that it is"}, {"start": "00:10:22", "end": "00:10:26", "text": "eventually going to evolve into that"}, {"start": "00:10:24", "end": "00:10:28", "text": "digital gold."}, {"start": "00:10:26", "end": "00:10:31", "text": ">> Is this a new bull market? Is this a"}, {"start": "00:10:28", "end": "00:10:34", "text": "trend change or is this just a leveraged"}, {"start": "00:10:31", "end": "00:10:35", "text": "liquidation point in a further down step"}, {"start": "00:10:34", "end": "00:10:37", "text": "pattern?"}, {"start": "00:10:35", "end": "00:10:40", "text": ">> That is the question that even I am"}, {"start": "00:10:37", "end": "00:10:42", "text": "still asking. And and from a technical"}, {"start": "00:10:40", "end": "00:10:45", "text": "standpoint, one of the things we're"}, {"start": "00:10:42", "end": "00:10:47", "text": "missing is we still don't have a higher"}, {"start": "00:10:45", "end": "00:10:49", "text": "high yet in Bitcoin. Right? So when you"}, {"start": "00:10:47", "end": "00:10:50", "text": "look at your major pivots, right? Here"}, {"start": "00:10:49", "end": "00:10:53", "text": "was a major pivot at your all-time"}, {"start": "00:10:50", "end": "00:10:54", "text": "highs. Then we had this one here, which"}, {"start": "00:10:53", "end": "00:10:57", "text": "was that first flag pattern that broke"}, {"start": "00:10:54", "end": "00:10:59", "text": "down. Then we have this one here, right?"}, {"start": "00:10:57", "end": "00:11:01", "text": "So high, high, and high. And we've been"}, {"start": "00:10:59", "end": "00:11:04", "text": "the whole way down. We've been making"}, {"start": "00:11:01", "end": "00:11:07", "text": "low, lower, low, and lower low. Right?"}, {"start": "00:11:04", "end": "00:11:08", "text": "Now, here's our first big move up. Well,"}, {"start": "00:11:07", "end": "00:11:10", "text": "I guess in all fairness, you could argue"}, {"start": "00:11:08", "end": "00:11:13", "text": "that this was very similar. Maybe not as"}, {"start": "00:11:10", "end": "00:11:17", "text": "vertical, but it was similar. But notice"}, {"start": "00:11:13", "end": "00:11:20", "text": "here how the high from this candle, if"}, {"start": "00:11:17", "end": "00:11:23", "text": "we drag it across, look at how Bitcoin"}, {"start": "00:11:20", "end": "00:11:24", "text": "has not breached that. And so what I'm"}, {"start": "00:11:23", "end": "00:11:26", "text": "watching for, and usually what tells us"}, {"start": "00:11:24", "end": "00:11:28", "text": "there's a change in trend in technical"}, {"start": "00:11:26", "end": "00:11:30", "text": "analysis, is when we finally start"}, {"start": "00:11:28", "end": "00:11:32", "text": "making higher highs and higher lows,"}, {"start": "00:11:30", "end": "00:11:34", "text": "because until then, lower highs and"}, {"start": "00:11:32", "end": "00:11:38", "text": "lower lows, it's a downtrend. So right"}, {"start": "00:11:34", "end": "00:11:41", "text": "now per the charts we would have to say"}, {"start": "00:11:38", "end": "00:11:44", "text": "it's not yet a new bull market. But if"}, {"start": "00:11:41", "end": "00:11:46", "text": "Bitcoin can breach this 82,800 we'll"}, {"start": "00:11:44", "end": "00:11:48", "text": "call it 83,000. I think at least we can"}, {"start": "00:11:46", "end": "00:11:51", "text": "say okay now we have a higher high of a"}, {"start": "00:11:48", "end": "00:11:53", "text": "major pivot and we can start saying now"}, {"start": "00:11:51", "end": "00:11:55", "text": "on pullbacks we really look to start"}, {"start": "00:11:53", "end": "00:11:59", "text": "buying aggressively."}, {"start": "00:11:55", "end": "00:12:00", "text": ">> So if this is just a lower high um"}, {"start": "00:11:59", "end": "00:12:03", "text": "what's next? like if we were to take a"}, {"start": "00:12:00", "end": "00:12:05", "text": "downturn, what are you looking at?"}, {"start": "00:12:03", "end": "00:12:07", "text": ">> Yeah. So, I mean the you'll have some"}, {"start": "00:12:05", "end": "00:12:08", "text": "good anytime you have a sharp move like"}, {"start": "00:12:07", "end": "00:12:10", "text": "this, there are going to be"}, {"start": "00:12:08", "end": "00:12:12", "text": "psychologically people that say, \"Oh,"}, {"start": "00:12:10", "end": "00:12:14", "text": "the bottom is in.\" And they will look to"}, {"start": "00:12:12", "end": "00:12:16", "text": "buy the pullbacks, right? And so, for me"}, {"start": "00:12:14", "end": "00:12:20", "text": "as a swing trader, like if we get a"}, {"start": "00:12:16", "end": "00:12:22", "text": "pullback to 66,800, high pivot, high"}, {"start": "00:12:20", "end": "00:12:24", "text": "pivot, there should be a lot of buyers"}, {"start": "00:12:22", "end": "00:12:25", "text": "here. Um, I don't know if it'll come"}, {"start": "00:12:24", "end": "00:12:26", "text": "back that low. We'll have to see if it"}, {"start": "00:12:25", "end": "00:12:28", "text": "makes that higher high, but this would"}, {"start": "00:12:26", "end": "00:12:31", "text": "be a level where I would swing trade it."}, {"start": "00:12:28", "end": "00:12:33", "text": "Would I be adding to my long-term holds"}, {"start": "00:12:31", "end": "00:12:35", "text": "at these levels, not knowing if the"}, {"start": "00:12:33", "end": "00:12:38", "text": "bottom is in and already having some put"}, {"start": "00:12:35", "end": "00:12:40", "text": "away? Probably not until I see that"}, {"start": "00:12:38", "end": "00:12:41", "text": "higher high. Once I see that higher"}, {"start": "00:12:40", "end": "00:12:43", "text": "high, then pullbacks become buying"}, {"start": "00:12:41", "end": "00:12:45", "text": "opportunities because it should be a new"}, {"start": "00:12:43", "end": "00:12:46", "text": "bull market coming in. And the other"}, {"start": "00:12:45", "end": "00:12:48", "text": "thing to just keep in mind is, as we"}, {"start": "00:12:46", "end": "00:12:51", "text": "know, and listen, a lot of people will"}, {"start": "00:12:48", "end": "00:12:53", "text": "I've seen debates online on is this is"}, {"start": "00:12:51", "end": "00:12:56", "text": "the four-year cycle still intact? Is it"}, {"start": "00:12:53", "end": "00:12:58", "text": "not? Technically, it is since it hasn't"}, {"start": "00:12:56", "end": "00:13:00", "text": "been proven otherwise. But if that's the"}, {"start": "00:12:58", "end": "00:13:02", "text": "case, it's still about, I believe, a 100"}, {"start": "00:13:00", "end": "00:13:04", "text": "days short of what the past cycles have"}, {"start": "00:13:02", "end": "00:13:07", "text": "been. Now, one thing I would point out"}, {"start": "00:13:04", "end": "00:13:10", "text": "is the gold cycles have been shortening,"}, {"start": "00:13:07", "end": "00:13:12", "text": "right? If you look at 1980 to 2011, and"}, {"start": "00:13:10", "end": "00:13:14", "text": "then that was again 31 years if I'm"}, {"start": "00:13:12", "end": "00:13:16", "text": "doing my math correctly. And then the"}, {"start": "00:13:14", "end": "00:13:19", "text": "next cycle to the recent high was only"}, {"start": "00:13:16", "end": "00:13:23", "text": "15 years. So cycles when you're dealing"}, {"start": "00:13:19", "end": "00:13:25", "text": "with an asset that is is dependent on"}, {"start": "00:13:23", "end": "00:13:27", "text": "printing money or or kind of utilized as"}, {"start": "00:13:25", "end": "00:13:29", "text": "an offset for printing of money and the"}, {"start": "00:13:27", "end": "00:13:31", "text": "printing of money is speeding up. The"}, {"start": "00:13:29", "end": "00:13:33", "text": "the money printers burring faster and"}, {"start": "00:13:31", "end": "00:13:36", "text": "faster then technically you may start to"}, {"start": "00:13:33", "end": "00:13:38", "text": "see the cycle cycle shrink more and more"}, {"start": "00:13:36", "end": "00:13:40", "text": "and we've seen that in gold. So I want"}, {"start": "00:13:38", "end": "00:13:43", "text": "to see it here in Bitcoin. I want to see"}, {"start": "00:13:40", "end": "00:13:45", "text": "that higher high. Uh until then I've got"}, {"start": "00:13:43", "end": "00:13:47", "text": "to go with the data which has said"}, {"start": "00:13:45", "end": "00:13:49", "text": "fouryear cycle still intact. we may not"}, {"start": "00:13:47", "end": "00:13:50", "text": "have have been or made a bottom just"}, {"start": "00:13:49", "end": "00:13:53", "text": "yet."}, {"start": "00:13:50", "end": "00:13:56", "text": ">> Let's look at the S&P if you could pull"}, {"start": "00:13:53", "end": "00:13:59", "text": "up those charts because I feel that"}, {"start": "00:13:56", "end": "00:14:01", "text": "every the music stops if the S&P as long"}, {"start": "00:13:59", "end": "00:14:02", "text": "as the S&P's music's playing then"}, {"start": "00:14:01", "end": "00:14:04", "text": "everything else is good. That would be a"}, {"start": "00:14:02", "end": "00:14:06", "text": "huge trend change if we weren't then in"}, {"start": "00:14:04", "end": "00:14:08", "text": "a bull market for US equities,"}, {"start": "00:14:06", "end": "00:14:08", "text": "especially AI."}, {"start": "00:14:08", "end": "00:14:10", "text": ">> Where are we?"}, {"start": "00:14:08", "end": "00:14:14", "text": ">> Yeah. Yeah. No, you're 100% right on"}, {"start": "00:14:10", "end": "00:14:16", "text": "that is that as long as Bitcoin is is"}, {"start": "00:14:14", "end": "00:14:18", "text": "technically moves like a risk asset, it"}, {"start": "00:14:16", "end": "00:14:20", "text": "it strongly depends on the S&P. Now,"}, {"start": "00:14:18", "end": "00:14:23", "text": "granted, have they diverged, you know,"}, {"start": "00:14:20", "end": "00:14:25", "text": "over the last year? Yes. I would argue"}, {"start": "00:14:23", "end": "00:14:28", "text": "that that's specifically due to the AI"}, {"start": "00:14:25", "end": "00:14:30", "text": "trade. So, if you look at, you know, the"}, {"start": "00:14:28", "end": "00:14:33", "text": "runs in SanDisk and Micron and all these"}, {"start": "00:14:30", "end": "00:14:35", "text": "others, that sucked a lot of money out"}, {"start": "00:14:33", "end": "00:14:36", "text": "of crypto because, you know, people that"}, {"start": "00:14:35", "end": "00:14:39", "text": "were in all coins thinking that they"}, {"start": "00:14:36", "end": "00:14:41", "text": "were going to make a 10x. Well, you got"}, {"start": "00:14:39", "end": "00:14:43", "text": "your 10x's in some of the AI stocks"}, {"start": "00:14:41", "end": "00:14:44", "text": "really. And so, it drew a lot of money"}, {"start": "00:14:43", "end": "00:14:46", "text": "out of it. And the positive is maybe"}, {"start": "00:14:44", "end": "00:14:48", "text": "some of that money rotates back in. But"}, {"start": "00:14:46", "end": "00:14:51", "text": "looking at the S&P, I'm actually"}, {"start": "00:14:48", "end": "00:14:53", "text": "near-term bullish um as long as we"}, {"start": "00:14:51", "end": "00:14:55", "text": "maintain this trend line here. And you"}, {"start": "00:14:53", "end": "00:14:58", "text": "can see bullish bias right in here. We"}, {"start": "00:14:55", "end": "00:14:59", "text": "came down yesterday. We kissed the line."}, {"start": "00:14:58", "end": "00:15:01", "text": "And sure enough, today we're having a"}, {"start": "00:14:59", "end": "00:15:04", "text": "good rally to the upside as oil is"}, {"start": "00:15:01", "end": "00:15:06", "text": "coming in. Um if we broke below that,"}, {"start": "00:15:04", "end": "00:15:09", "text": "there's this like neutral zone here. And"}, {"start": "00:15:06", "end": "00:15:11", "text": "then really if we break below 7,400 I"}, {"start": "00:15:09", "end": "00:15:14", "text": "would start to get very very bearish"}, {"start": "00:15:11", "end": "00:15:17", "text": "overall. Um I think a lot of this is"}, {"start": "00:15:14", "end": "00:15:19", "text": "tied to earnings like the the the S&P"}, {"start": "00:15:17", "end": "00:15:21", "text": "earnings have just been remarkable."}, {"start": "00:15:19", "end": "00:15:23", "text": "Mostly tied to Nvidia and some of these"}, {"start": "00:15:21", "end": "00:15:26", "text": "ridiculous earnings that they're putting"}, {"start": "00:15:23", "end": "00:15:27", "text": "up. Um I think again that's part of the"}, {"start": "00:15:26", "end": "00:15:29", "text": "reason why it's diverged from crypto is"}, {"start": "00:15:27", "end": "00:15:32", "text": "that it sucked a lot of money out of"}, {"start": "00:15:29", "end": "00:15:34", "text": "crypto. But I still believe that right"}, {"start": "00:15:32", "end": "00:15:37", "text": "now generally Bitcoin is a risk asset."}, {"start": "00:15:34", "end": "00:15:40", "text": "My hope is eventually when the S&P goes"}, {"start": "00:15:37", "end": "00:15:42", "text": "down, people will run to Bitcoin as that"}, {"start": "00:15:40", "end": "00:15:44", "text": "safe haven asset because it is coming."}, {"start": "00:15:42", "end": "00:15:45", "text": "The draw down on the S&P, I mean, we may"}, {"start": "00:15:44", "end": "00:15:48", "text": "still have another year or two of of"}, {"start": "00:15:45", "end": "00:15:51", "text": "neutral to upside here with a few 10%"}, {"start": "00:15:48", "end": "00:15:53", "text": "corrections in in between, but the music"}, {"start": "00:15:51", "end": "00:15:54", "text": "stops. And I'm I'm isolating more and"}, {"start": "00:15:53", "end": "00:15:57", "text": "more the hundredyear cycle with the"}, {"start": "00:15:54", "end": "00:15:59", "text": "Great Depression as being the most"}, {"start": "00:15:57", "end": "00:16:00", "text": "likely candidate when the music fully"}, {"start": "00:15:59", "end": "00:16:01", "text": "stops."}, {"start": "00:16:00", "end": "00:16:02", "text": ">> What is that?"}, {"start": "00:16:01", "end": "00:16:04", "text": ">> The the music?"}, {"start": "00:16:02", "end": "00:16:04", "text": ">> No, the the hundred years. the"}, {"start": "00:16:04", "end": "00:16:06", "text": "hundredyear cycle."}, {"start": "00:16:04", "end": "00:16:07", "text": ">> Oh, just the hundred-year cycle. Well,"}, {"start": "00:16:06", "end": "00:16:10", "text": "so basically what you you look at is"}, {"start": "00:16:07", "end": "00:16:12", "text": "there's cycles in in economics and in in"}, {"start": "00:16:10", "end": "00:16:14", "text": "anything, right? I mean, the cycles"}, {"start": "00:16:12", "end": "00:16:17", "text": "would be the four seasons every year or"}, {"start": "00:16:14", "end": "00:16:20", "text": "or every day the the sun rotates, right?"}, {"start": "00:16:17", "end": "00:16:22", "text": "Or we we rotate um and then the sun is a"}, {"start": "00:16:20", "end": "00:16:24", "text": "full day. So, there's cycles in"}, {"start": "00:16:22", "end": "00:16:26", "text": "everything we do, right? In our lives,"}, {"start": "00:16:24", "end": "00:16:28", "text": "um you know, we have our our our"}, {"start": "00:16:26", "end": "00:16:30", "text": "circadium rhythms or everything like"}, {"start": "00:16:28", "end": "00:16:32", "text": "that. But the point is is that there's a"}, {"start": "00:16:30", "end": "00:16:33", "text": "hundred-year cycle. And what's"}, {"start": "00:16:32", "end": "00:16:35", "text": "interesting is that you had the Spanish"}, {"start": "00:16:33", "end": "00:16:37", "text": "flu and then you had co basically a"}, {"start": "00:16:35", "end": "00:16:40", "text": "100red years separating. And so we're"}, {"start": "00:16:37", "end": "00:16:41", "text": "coming now up towards 2029 2030 which"}, {"start": "00:16:40", "end": "00:16:44", "text": "would be the 100redyear cycle of the"}, {"start": "00:16:41", "end": "00:16:45", "text": "great depression. And one thing that"}, {"start": "00:16:44", "end": "00:16:48", "text": "people have really harped on and I I"}, {"start": "00:16:45", "end": "00:16:51", "text": "agree with this is that we tend as"}, {"start": "00:16:48", "end": "00:16:53", "text": "humans to lose our lessons that previous"}, {"start": "00:16:51", "end": "00:16:55", "text": "generations taught to us that have died"}, {"start": "00:16:53", "end": "00:16:57", "text": "out. And we're now seeing most of those"}, {"start": "00:16:55", "end": "00:16:59", "text": "that went through the Great Depression,"}, {"start": "00:16:57", "end": "00:17:00", "text": "you know, unfortunately we've lost them."}, {"start": "00:16:59", "end": "00:17:02", "text": "our grandparents, our our"}, {"start": "00:17:00", "end": "00:17:05", "text": "great-grandparents. And we've become a"}, {"start": "00:17:02", "end": "00:17:08", "text": "society that doesn't remember the rules"}, {"start": "00:17:05", "end": "00:17:10", "text": "of of, you know, being conscious about"}, {"start": "00:17:08", "end": "00:17:12", "text": "spending money, being careful about"}, {"start": "00:17:10", "end": "00:17:14", "text": "spending money, um, credit card debt,"}, {"start": "00:17:12", "end": "00:17:16", "text": "auto loans, you know, everything. We're"}, {"start": "00:17:14", "end": "00:17:18", "text": "starting to see more and more debt. And"}, {"start": "00:17:16", "end": "00:17:21", "text": "even as as a as a society, as a country,"}, {"start": "00:17:18", "end": "00:17:23", "text": "look at the US deficit and what's going"}, {"start": "00:17:21", "end": "00:17:25", "text": "on there or the global deficit. Um, so"}, {"start": "00:17:23", "end": "00:17:28", "text": "these are things that tend to come back"}, {"start": "00:17:25", "end": "00:17:30", "text": "around and as you see more and more"}, {"start": "00:17:28", "end": "00:17:33", "text": "going on, like the Federal Reserve has"}, {"start": "00:17:30", "end": "00:17:36", "text": "gotten more and more in in in tune with"}, {"start": "00:17:33", "end": "00:17:38", "text": "controlling um the labor market, not"}, {"start": "00:17:36", "end": "00:17:40", "text": "allowing it to really have a a"}, {"start": "00:17:38", "end": "00:17:41", "text": "recession, if you will, and printing"}, {"start": "00:17:40", "end": "00:17:45", "text": "money. We saw this all through the the"}, {"start": "00:17:41", "end": "00:17:47", "text": "the 2009 collapse into the post 2000. We"}, {"start": "00:17:45", "end": "00:17:50", "text": "saw it in COVID. Print money, just throw"}, {"start": "00:17:47", "end": "00:17:52", "text": "money at the problem, solve it all. And"}, {"start": "00:17:50", "end": "00:17:54", "text": "you can start to see how there there's"}, {"start": "00:17:52", "end": "00:17:56", "text": "an endgame here. And the endgame is"}, {"start": "00:17:54", "end": "00:17:59", "text": "either hyperinflation or a massive"}, {"start": "00:17:56", "end": "00:18:01", "text": "collapse is AI, which is changing the"}, {"start": "00:17:59", "end": "00:18:03", "text": "way we do things. Is it ultimately going"}, {"start": "00:18:01", "end": "00:18:05", "text": "to help with that collapse with mass"}, {"start": "00:18:03", "end": "00:18:07", "text": "unemployment? Because I see more and"}, {"start": "00:18:05", "end": "00:18:09", "text": "more jobs in my own company that I would"}, {"start": "00:18:07", "end": "00:18:11", "text": "have had to hire someone for. And now I"}, {"start": "00:18:09", "end": "00:18:13", "text": "have AI doing it. Um, it's only going to"}, {"start": "00:18:11", "end": "00:18:15", "text": "get better. I mean, heck, they're"}, {"start": "00:18:13", "end": "00:18:16", "text": "talking about Whimo. I mean, Whimo in"}, {"start": "00:18:15", "end": "00:18:18", "text": "California, you've probably taken one"}, {"start": "00:18:16", "end": "00:18:20", "text": "before, but now they're launching all of"}, {"start": "00:18:18", "end": "00:18:22", "text": "the robo taxis. Well, what about Uber"}, {"start": "00:18:20", "end": "00:18:26", "text": "drivers? Do you even need Uber drivers"}, {"start": "00:18:22", "end": "00:18:28", "text": "anymore? Um, and so there is a potential"}, {"start": "00:18:26", "end": "00:18:31", "text": "future that there's going to be a"}, {"start": "00:18:28", "end": "00:18:33", "text": "turndown of massive proportion where the"}, {"start": "00:18:31", "end": "00:18:35", "text": "debt gets called on the US and then"}, {"start": "00:18:33", "end": "00:18:39", "text": "individually. And I do worry that it's"}, {"start": "00:18:35", "end": "00:18:41", "text": "going to be a a massive type depression."}, {"start": "00:18:39", "end": "00:18:44", "text": "What are the in that future where it's"}, {"start": "00:18:41", "end": "00:18:46", "text": "either hyperinflation, maybe even hyper"}, {"start": "00:18:44", "end": "00:18:48", "text": "growth with that or total collapse"}, {"start": "00:18:46", "end": "00:18:50", "text": "because the debt's too high, what are"}, {"start": "00:18:48", "end": "00:18:52", "text": "the two best assets to own? I'm going to"}, {"start": "00:18:50", "end": "00:18:53", "text": "make a pitch to you and then I would"}, {"start": "00:18:52", "end": "00:18:55", "text": "love your feedback. If it's"}, {"start": "00:18:53", "end": "00:18:57", "text": "hyperinflation, hyper growth, you want"}, {"start": "00:18:55", "end": "00:19:01", "text": "to be AI. You want to be a NASDAQ or a"}, {"start": "00:18:57", "end": "00:19:03", "text": "few AI baskets. And if it's uh collapse"}, {"start": "00:19:01", "end": "00:19:05", "text": "because the debt's too high, the music's"}, {"start": "00:19:03", "end": "00:19:07", "text": "going to stop. Gold and Bitcoin."}, {"start": "00:19:05", "end": "00:19:10", "text": ">> Yeah. Yeah. and and I I happen to be"}, {"start": "00:19:07", "end": "00:19:12", "text": "more in the collapse camp. So, I'm I'm"}, {"start": "00:19:10", "end": "00:19:14", "text": "more of a golden Bitcoin guy. So, I'm"}, {"start": "00:19:12", "end": "00:19:16", "text": "right in the same zone as you. And I"}, {"start": "00:19:14", "end": "00:19:21", "text": "would agree if the stock market can hold"}, {"start": "00:19:16", "end": "00:19:25", "text": "up, then the companies that have the AI"}, {"start": "00:19:21", "end": "00:19:27", "text": "control, the the anthropics, the Nvidas,"}, {"start": "00:19:25", "end": "00:19:29", "text": "those those will continue to go up and"}, {"start": "00:19:27", "end": "00:19:31", "text": "just make more and more money. And you"}, {"start": "00:19:29", "end": "00:19:35", "text": "probably do want to be in those for the"}, {"start": "00:19:31", "end": "00:19:37", "text": "longer term. But I'm in the camp that as"}, {"start": "00:19:35", "end": "00:19:40", "text": "the US consumer struggles more and more"}, {"start": "00:19:37", "end": "00:19:42", "text": "and I'm a true believer that I think 80%"}, {"start": "00:19:40", "end": "00:19:44", "text": "of the country is already feeling the"}, {"start": "00:19:42", "end": "00:19:46", "text": "pinch at the pump. They're feeling it"}, {"start": "00:19:44", "end": "00:19:48", "text": "more like it's a recession. But then you"}, {"start": "00:19:46", "end": "00:19:50", "text": "have the small percentage that are"}, {"start": "00:19:48", "end": "00:19:51", "text": "invested in the stock market that are"}, {"start": "00:19:50", "end": "00:19:52", "text": "like, \"Woohoo! Who cares about"}, {"start": "00:19:51", "end": "00:19:54", "text": "inflation? You know, I have enough"}, {"start": "00:19:52", "end": "00:19:56", "text": "money. I can I can deal with it.\" But"}, {"start": "00:19:54", "end": "00:19:58", "text": "that's only going to increase. And if"}, {"start": "00:19:56", "end": "00:20:00", "text": "the stock market has any sort of major"}, {"start": "00:19:58", "end": "00:20:02", "text": "downturn that doesn't snap back and we"}, {"start": "00:20:00", "end": "00:20:03", "text": "don't get a V-shaped recovery, then"}, {"start": "00:20:02", "end": "00:20:06", "text": "you're going to have the whole country"}, {"start": "00:20:03", "end": "00:20:08", "text": "stop their spending or or really curtail"}, {"start": "00:20:06", "end": "00:20:10", "text": "it, you'll have massive defaults on"}, {"start": "00:20:08", "end": "00:20:12", "text": "credit cards, on auto loans, even on"}, {"start": "00:20:10", "end": "00:20:14", "text": "homes, and it'll spin everything out of"}, {"start": "00:20:12", "end": "00:20:16", "text": "control. Um, and I think that's the camp"}, {"start": "00:20:14", "end": "00:20:18", "text": "unfortunately that I'm more in at this"}, {"start": "00:20:16", "end": "00:20:21", "text": "point. But again, a couple years out."}, {"start": "00:20:18", "end": "00:20:24", "text": ">> Could we go to the S&P on the weekly and"}, {"start": "00:20:21", "end": "00:20:25", "text": "just look at moving averages? I I may be"}, {"start": "00:20:24", "end": "00:20:27", "text": "midcurving it here, Gareth, because this"}, {"start": "00:20:25", "end": "00:20:30", "text": "is what I look at. And you're much more"}, {"start": "00:20:27", "end": "00:20:32", "text": "technical, but I just sort of tend to"}, {"start": "00:20:30", "end": "00:20:35", "text": "believe like maybe the 50 and the 200."}, {"start": "00:20:32", "end": "00:20:37", "text": "Um, if you have if that's easy, if not,"}, {"start": "00:20:35", "end": "00:20:40", "text": "don't worry about it. This is fine. But"}, {"start": "00:20:37", "end": "00:20:45", "text": "it to me it's like, oh, a good way to"}, {"start": "00:20:40", "end": "00:20:47", "text": "use moving averages is to um to resize"}, {"start": "00:20:45", "end": "00:20:48", "text": "your portfolio. If it gets too high,"}, {"start": "00:20:47", "end": "00:20:52", "text": "take some profit. If it gets too low,"}, {"start": "00:20:48", "end": "00:20:55", "text": "maybe maybe buy some more. And to me it"}, {"start": "00:20:52", "end": "00:20:57", "text": "looks like, you know, when do do you"}, {"start": "00:20:55", "end": "00:20:59", "text": "believe everything must return home and"}, {"start": "00:20:57", "end": "00:21:01", "text": "is the S&P too high and has to come back"}, {"start": "00:20:59", "end": "00:21:05", "text": "down? Bitcoin now close to that 200E"}, {"start": "00:21:01", "end": "00:21:08", "text": "moving average. Uh the S&P higher, I"}, {"start": "00:21:05", "end": "00:21:10", "text": "believe. Yeah. Yeah. So, so here's our"}, {"start": "00:21:08", "end": "00:21:12", "text": "weekly, this is our weekly 50 moving"}, {"start": "00:21:10", "end": "00:21:15", "text": "average. And we can see that on the S"}, {"start": "00:21:12", "end": "00:21:17", "text": "SNP, we actually pulled back to it"}, {"start": "00:21:15", "end": "00:21:19", "text": "earlier this year when we tagged it"}, {"start": "00:21:17", "end": "00:21:22", "text": "during that selloff that when the Iran"}, {"start": "00:21:19", "end": "00:21:24", "text": "war started, right? And we bounced right"}, {"start": "00:21:22", "end": "00:21:25", "text": "off of it. So I I agree that's the first"}, {"start": "00:21:24", "end": "00:21:28", "text": "thing to watch. You can see that back in"}, {"start": "00:21:25", "end": "00:21:30", "text": "2025, we did break below it when the"}, {"start": "00:21:28", "end": "00:21:33", "text": "panic of the tariff selloff did take"}, {"start": "00:21:30", "end": "00:21:35", "text": "hold and we almost kissed the 200. So I"}, {"start": "00:21:33", "end": "00:21:39", "text": "agree these two are really good to"}, {"start": "00:21:35", "end": "00:21:41", "text": "watch. Um my only concern would be that"}, {"start": "00:21:39", "end": "00:21:43", "text": "whenever this and listen if if you're"}, {"start": "00:21:41", "end": "00:21:46", "text": "like the 20 30 40 year horizon this is"}, {"start": "00:21:43", "end": "00:21:47", "text": "probably a moot point but if we do go"}, {"start": "00:21:46", "end": "00:21:49", "text": "through one of these drawdowns like I"}, {"start": "00:21:47", "end": "00:21:52", "text": "would love to go back in fact let me see"}, {"start": "00:21:49", "end": "00:21:54", "text": "if I can do this what happened in 2009"}, {"start": "00:21:52", "end": "00:21:55", "text": "so this is this is kind of the"}, {"start": "00:21:54", "end": "00:21:58", "text": "equivalent of where we should be"}, {"start": "00:21:55", "end": "00:22:00", "text": "looking. So you can see the the 50"}, {"start": "00:21:58", "end": "00:22:02", "text": "moving average, we were hitting it here."}, {"start": "00:22:00", "end": "00:22:04", "text": "We bounced, but then once we broke it,"}, {"start": "00:22:02", "end": "00:22:06", "text": "we went straight to the 200. We bounced"}, {"start": "00:22:04", "end": "00:22:09", "text": "back to the 50, which now acted as"}, {"start": "00:22:06", "end": "00:22:12", "text": "resistance, and then we broke. And then"}, {"start": "00:22:09", "end": "00:22:14", "text": "once you broke the 200, it was just"}, {"start": "00:22:12", "end": "00:22:16", "text": "nasty. And so I think I think you're"}, {"start": "00:22:14", "end": "00:22:17", "text": "right. I think, you know, if if you're"}, {"start": "00:22:16", "end": "00:22:19", "text": "someone who doesn't believe we're going"}, {"start": "00:22:17", "end": "00:22:22", "text": "to go through a great recession or great"}, {"start": "00:22:19", "end": "00:22:24", "text": "depression again, then the 200 MA or the"}, {"start": "00:22:22", "end": "00:22:26", "text": "50 MA are great adding opportunities for"}, {"start": "00:22:24", "end": "00:22:28", "text": "portfolios. If you think it's the big"}, {"start": "00:22:26", "end": "00:22:30", "text": "one, like the big earthquake, you guys"}, {"start": "00:22:28", "end": "00:22:31", "text": "in California on the west coast, I used"}, {"start": "00:22:30", "end": "00:22:34", "text": "to live in Oregon, so we always hear"}, {"start": "00:22:31", "end": "00:22:36", "text": "about the big one eventually, then you"}, {"start": "00:22:34", "end": "00:22:38", "text": "want to step aside and let it all"}, {"start": "00:22:36", "end": "00:22:40", "text": "collapse around you. And then you have a"}, {"start": "00:22:38", "end": "00:22:42", "text": "lot of dry powder to be on the sidelines"}, {"start": "00:22:40", "end": "00:22:44", "text": "and pick it up at at ridiculous levels."}, {"start": "00:22:42", "end": "00:22:45", "text": "Cuz I do think I want to be clear, just"}, {"start": "00:22:44", "end": "00:22:48", "text": "like in the Great Depression, we emerged"}, {"start": "00:22:45", "end": "00:22:50", "text": "from that arguably stronger, and I think"}, {"start": "00:22:48", "end": "00:22:52", "text": "we will from this, but it's going to be"}, {"start": "00:22:50", "end": "00:22:55", "text": "more painful than any of us at our age"}, {"start": "00:22:52", "end": "00:22:57", "text": "have ever experienced, I think. And the"}, {"start": "00:22:55", "end": "00:22:59", "text": "longer it's prolonged, the more painful"}, {"start": "00:22:57", "end": "00:23:01", "text": "it needs to be to clear out the dead"}, {"start": "00:22:59", "end": "00:23:03", "text": "wood and let the fresh growth come."}, {"start": "00:23:01", "end": "00:23:05", "text": ">> And that and yes, and you can use my my"}, {"start": "00:23:03", "end": "00:23:07", "text": "favorite analogies are are, you know,"}, {"start": "00:23:05", "end": "00:23:09", "text": "you look at drugs, right? If you're if"}, {"start": "00:23:07", "end": "00:23:11", "text": "you have a drug one time, you don't"}, {"start": "00:23:09", "end": "00:23:13", "text": "really have withdrawal or not much. When"}, {"start": "00:23:11", "end": "00:23:16", "text": "you have it for years and you go off off"}, {"start": "00:23:13", "end": "00:23:18", "text": "of the the the stuff, the withdrawal is"}, {"start": "00:23:16", "end": "00:23:20", "text": "absolutely horrendous. Can sometimes"}, {"start": "00:23:18", "end": "00:23:21", "text": "even kill you. Um, and that's what I"}, {"start": "00:23:20", "end": "00:23:24", "text": "worry about when you have a government"}, {"start": "00:23:21", "end": "00:23:25", "text": "that has been printing money like this."}, {"start": "00:23:24", "end": "00:23:27", "text": "When you have a Federal Reserve that"}, {"start": "00:23:25", "end": "00:23:28", "text": "every time we, you know, catch a cold"}, {"start": "00:23:27", "end": "00:23:30", "text": "and sneeze, they're like, \"Oh, let's"}, {"start": "00:23:28", "end": "00:23:32", "text": "print some more money, you get in a"}, {"start": "00:23:30", "end": "00:23:35", "text": "scenario where you're just drugging the"}, {"start": "00:23:32", "end": "00:23:37", "text": "patient to keep the high going, but at"}, {"start": "00:23:35", "end": "00:23:39", "text": "some point either the patient dies or"}, {"start": "00:23:37", "end": "00:23:41", "text": "they have to get off the drugs.\""}, {"start": "00:23:39", "end": "00:23:43", "text": ">> Gareth, the altcoin daily audience is is"}, {"start": "00:23:41", "end": "00:23:44", "text": "is prepared for the big one. Might be"}, {"start": "00:23:43", "end": "00:23:46", "text": "one year out, six months out, two years"}, {"start": "00:23:44", "end": "00:23:47", "text": "out, whatever. I we just want to know"}, {"start": "00:23:46", "end": "00:23:49", "text": "what's going to happen the rest of this"}, {"start": "00:23:47", "end": "00:23:50", "text": "year. So, Bitcoin outlook by end of"}, {"start": "00:23:49", "end": "00:23:52", "text": "year."}, {"start": "00:23:50", "end": "00:23:55", "text": ">> Bitcoin outlook by end of year. All"}, {"start": "00:23:52", "end": "00:23:58", "text": "right. So let's jump back to the daily"}, {"start": "00:23:55", "end": "00:24:01", "text": "Bitcoin chart here and take a look. So I"}, {"start": "00:23:58", "end": "00:24:04", "text": "am and this is this is a tough one."}, {"start": "00:24:01", "end": "00:24:07", "text": "Okay, so as a technician looking at this"}, {"start": "00:24:04", "end": "00:24:12", "text": "chart, couple things that I really do"}, {"start": "00:24:07", "end": "00:24:14", "text": "like is as long as we hold this 76,000"}, {"start": "00:24:12", "end": "00:24:17", "text": "level, notice how we had this big"}, {"start": "00:24:14", "end": "00:24:19", "text": "breakout and we hold this, I'm remaining"}, {"start": "00:24:17", "end": "00:24:23", "text": "remaining short-term bullish on Bitcoin"}, {"start": "00:24:19", "end": "00:24:25", "text": "for a bull flag breakout. Um, what I"}, {"start": "00:24:23", "end": "00:24:27", "text": "would be cautious on and what would what"}, {"start": "00:24:25", "end": "00:24:29", "text": "would be a little concerning is if in"}, {"start": "00:24:27", "end": "00:24:33", "text": "the next couple weeks if we can't take"}, {"start": "00:24:29", "end": "00:24:35", "text": "out the high right here at around"}, {"start": "00:24:33", "end": "00:24:36", "text": "82,800,"}, {"start": "00:24:35", "end": "00:24:38", "text": "then I would start to say, uh-oh, why"}, {"start": "00:24:36", "end": "00:24:40", "text": "can't we take out why can't we make a"}, {"start": "00:24:38", "end": "00:24:42", "text": "higher high? And I'd start to get very"}, {"start": "00:24:40", "end": "00:24:44", "text": "conservative. And I know you're looking"}, {"start": "00:24:42", "end": "00:24:47", "text": "for like definitive like end of year,"}, {"start": "00:24:44", "end": "00:24:49", "text": "where's it going? But it all depends for"}, {"start": "00:24:47", "end": "00:24:51", "text": "me as a technician on what happens here"}, {"start": "00:24:49", "end": "00:24:55", "text": "in the charts in honestly the next 2"}, {"start": "00:24:51", "end": "00:24:57", "text": "weeks. So if we break below 76,000, I I"}, {"start": "00:24:55", "end": "00:25:01", "text": "would see us pulling back by year end to"}, {"start": "00:24:57", "end": "00:25:03", "text": "66,000 or 65,000. If we can make a new"}, {"start": "00:25:01", "end": "00:25:05", "text": "higher high, I think you got 90,000"}, {"start": "00:25:03", "end": "00:25:06", "text": "written all over you."}, {"start": "00:25:05", "end": "00:25:09", "text": ">> Gareth, that's what I appreciate about"}, {"start": "00:25:06", "end": "00:25:11", "text": "you. You're when you have conviction,"}, {"start": "00:25:09", "end": "00:25:13", "text": "you make that $5 million long very"}, {"start": "00:25:11", "end": "00:25:15", "text": "public. when you're sit and wait, you"}, {"start": "00:25:13", "end": "00:25:16", "text": "know, that's often the smartest move to"}, {"start": "00:25:15", "end": "00:25:18", "text": "sit and wait and see."}, {"start": "00:25:16", "end": "00:25:20", "text": ">> And I'll and I'll tell you one thing to"}, {"start": "00:25:18", "end": "00:25:22", "text": "that same vibe right now is that um I"}, {"start": "00:25:20", "end": "00:25:26", "text": "was short Bitcoin when we popped up into"}, {"start": "00:25:22", "end": "00:25:28", "text": "the resistance. Um it I basically exited"}, {"start": "00:25:26", "end": "00:25:30", "text": "the remainder of it yesterday uh for a"}, {"start": "00:25:28", "end": "00:25:32", "text": "small gain like basically a break even"}, {"start": "00:25:30", "end": "00:25:35", "text": "just because I don't have a good read on"}, {"start": "00:25:32", "end": "00:25:36", "text": "it. It's is it a bull flag or is it not"}, {"start": "00:25:35", "end": "00:25:39", "text": "making a new high? The only thing I have"}, {"start": "00:25:36", "end": "00:25:41", "text": "is I have I took a small Zcash short"}, {"start": "00:25:39", "end": "00:25:42", "text": "today on the pop back above 1,200. But"}, {"start": "00:25:41", "end": "00:25:44", "text": "again, that's a short-term trade. But"}, {"start": "00:25:42", "end": "00:25:46", "text": "you're right, I don't have a lot of"}, {"start": "00:25:44", "end": "00:25:48", "text": "exposure to crypto because after this"}, {"start": "00:25:46", "end": "00:25:49", "text": "run up and after my big bet, I just"}, {"start": "00:25:48", "end": "00:25:51", "text": "don't have a great read. And and you"}, {"start": "00:25:49", "end": "00:25:54", "text": "have to just go with that."}, {"start": "00:25:51", "end": "00:25:57", "text": ">> What are you longest on right now?"}, {"start": "00:25:54", "end": "00:25:59", "text": "What's the most conviction trade?"}, {"start": "00:25:57", "end": "00:26:01", "text": ">> So, believe it or not, my my best"}, {"start": "00:25:59", "end": "00:26:03", "text": "conviction trades into year end are"}, {"start": "00:26:01", "end": "00:26:07", "text": "actually moving outside of the United"}, {"start": "00:26:03", "end": "00:26:09", "text": "States. And what I'm actually believing"}, {"start": "00:26:07", "end": "00:26:12", "text": "here is that we're going to start to see"}, {"start": "00:26:09", "end": "00:26:14", "text": "a move up in the Chinese market. So I'm"}, {"start": "00:26:12", "end": "00:26:16", "text": "like Kweb, one of my favorite setups"}, {"start": "00:26:14", "end": "00:26:19", "text": "here. Let me show my chart again because"}, {"start": "00:26:16", "end": "00:26:22", "text": "I think this is worth taking a look at"}, {"start": "00:26:19", "end": "00:26:24", "text": "is that this type of chart setup is"}, {"start": "00:26:22", "end": "00:26:26", "text": "exactly what Bitcoin did for us. All"}, {"start": "00:26:24", "end": "00:26:28", "text": "right. Now again, is it going to be the"}, {"start": "00:26:26", "end": "00:26:30", "text": "rip roaring rally like Bitcoin? I'm"}, {"start": "00:26:28", "end": "00:26:33", "text": "hesitant to call for that. But look at"}, {"start": "00:26:30", "end": "00:26:35", "text": "this trend line. Okay, so we have this"}, {"start": "00:26:33", "end": "00:26:37", "text": "trend line right here. [clears throat]"}, {"start": "00:26:35", "end": "00:26:39", "text": "And look at how just like Bitcoin from"}, {"start": "00:26:37", "end": "00:26:42", "text": "its highs, it kind of hammered it,"}, {"start": "00:26:39", "end": "00:26:44", "text": "hammered it. We broke out and now we're"}, {"start": "00:26:42", "end": "00:26:46", "text": "doing exactly what Bitcoin was doing,"}, {"start": "00:26:44", "end": "00:26:49", "text": "retracing to support before that move"}, {"start": "00:26:46", "end": "00:26:50", "text": "up. And so, believe it or not, um I I"}, {"start": "00:26:49", "end": "00:26:53", "text": "like the Chinese stocks here. I think"}, {"start": "00:26:50", "end": "00:26:55", "text": "they offer the best riskreward into year"}, {"start": "00:26:53", "end": "00:26:57", "text": "end. Uh China's kind of been hated on,"}, {"start": "00:26:55", "end": "00:26:59", "text": "much like Bitcoin was before this recent"}, {"start": "00:26:57", "end": "00:27:01", "text": "rally. No one wants to be in it. They're"}, {"start": "00:26:59", "end": "00:27:03", "text": "underinvested. I think we're looking at"}, {"start": "00:27:01", "end": "00:27:04", "text": "a potential big move up on those on on"}, {"start": "00:27:03", "end": "00:27:08", "text": "that trade."}, {"start": "00:27:04", "end": "00:27:10", "text": ">> And top altcoins, if Bitcoin breaks out"}, {"start": "00:27:08", "end": "00:27:11", "text": "or breaks down, what altcoins do you"}, {"start": "00:27:10", "end": "00:27:13", "text": "think it'll be the biggest movers or the"}, {"start": "00:27:11", "end": "00:27:15", "text": "easiest setups?"}, {"start": "00:27:13", "end": "00:27:16", "text": ">> I love Salana. I do. Um, you know, I"}, {"start": "00:27:15", "end": "00:27:18", "text": "know there's a lot of haters out there"}, {"start": "00:27:16", "end": "00:27:21", "text": "of Salana, although a lot of people love"}, {"start": "00:27:18", "end": "00:27:24", "text": "it too, but Salana continues to hold on"}, {"start": "00:27:21", "end": "00:27:26", "text": "to key support here. Um, it's looking"}, {"start": "00:27:24", "end": "00:27:29", "text": "more and more like it's consolidating in"}, {"start": "00:27:26", "end": "00:27:30", "text": "a bullish manner as long as we hold this"}, {"start": "00:27:29", "end": "00:27:33", "text": "area. Look at these former resistance"}, {"start": "00:27:30", "end": "00:27:35", "text": "levels now are becoming support. And I"}, {"start": "00:27:33", "end": "00:27:38", "text": "think you've got upside to about $120 to"}, {"start": "00:27:35", "end": "00:27:40", "text": "$122 near-term here. And so I'm not long"}, {"start": "00:27:38", "end": "00:27:42", "text": "in this right now, but I'm keeping this"}, {"start": "00:27:40", "end": "00:27:44", "text": "is kind of one of the top ones that I'm"}, {"start": "00:27:42", "end": "00:27:47", "text": "keeping focused on that I think this"}, {"start": "00:27:44", "end": "00:27:49", "text": "flag pattern could be setting up for a"}, {"start": "00:27:47", "end": "00:27:52", "text": "bigger move to the upside."}, {"start": "00:27:49", "end": "00:27:54", "text": ">> And maybe this is a premature question,"}, {"start": "00:27:52", "end": "00:27:57", "text": "but"}, {"start": "00:27:54", "end": "00:27:58", "text": "how even when altcoin season? I don't"}, {"start": "00:27:57", "end": "00:28:00", "text": "even know how you necessarily even"}, {"start": "00:27:58", "end": "00:28:02", "text": "define that. maybe crypto market cap or"}, {"start": "00:28:00", "end": "00:28:04", "text": "something, but altcoin season."}, {"start": "00:28:02", "end": "00:28:06", "text": ">> So, I I think it would be helpful to get"}, {"start": "00:28:04", "end": "00:28:08", "text": "the Clarity Act through. I'm not sure"}, {"start": "00:28:06", "end": "00:28:10", "text": "how much emphasis there'll be in the"}, {"start": "00:28:08", "end": "00:28:12", "text": "altcoin market on that, but I do think"}, {"start": "00:28:10", "end": "00:28:15", "text": "it would ignite more investment and"}, {"start": "00:28:12", "end": "00:28:17", "text": "maybe that ignites the altcoin uh bull"}, {"start": "00:28:15", "end": "00:28:18", "text": "market. Um I'd love to see it again"}, {"start": "00:28:17", "end": "00:28:20", "text": "because I mean those type of moves were"}, {"start": "00:28:18", "end": "00:28:22", "text": "incredible. It's interesting because"}, {"start": "00:28:20", "end": "00:28:25", "text": "certain altcoins like we've seen Zcash"}, {"start": "00:28:22", "end": "00:28:27", "text": "make just an incredible move. Um but but"}, {"start": "00:28:25", "end": "00:28:28", "text": "some like even near protocol has had a"}, {"start": "00:28:27", "end": "00:28:31", "text": "really good move on the same kind of"}, {"start": "00:28:28", "end": "00:28:34", "text": "fundamental aspect. But it is tough. I"}, {"start": "00:28:31", "end": "00:28:35", "text": "think I think the wish of most investors"}, {"start": "00:28:34", "end": "00:28:39", "text": "that we're going to go back to what"}, {"start": "00:28:35", "end": "00:28:41", "text": "happened in 2021 or in pre-days. I think"}, {"start": "00:28:39", "end": "00:28:43", "text": "that's over because people have been"}, {"start": "00:28:41", "end": "00:28:44", "text": "burned so many on these like laptop,"}, {"start": "00:28:43", "end": "00:28:46", "text": "right? I mean or I mean you could name a"}, {"start": "00:28:44", "end": "00:28:47", "text": "zillion of these things. And so people"}, {"start": "00:28:46", "end": "00:28:49", "text": "are a little bit more skeptical. I think"}, {"start": "00:28:47", "end": "00:28:52", "text": "they're a little wiser on the crypto"}, {"start": "00:28:49", "end": "00:28:54", "text": "markets. But the good projects, the good"}, {"start": "00:28:52", "end": "00:28:56", "text": "projects, they will still run. And I"}, {"start": "00:28:54", "end": "00:28:57", "text": "think it starts maybe with that Clarity"}, {"start": "00:28:56", "end": "00:28:59", "text": "Act finally passing, getting that behind"}, {"start": "00:28:57", "end": "00:29:02", "text": "us."}, {"start": "00:28:59", "end": "00:29:04", "text": ">> Gareth, final question. I asked you this"}, {"start": "00:29:02", "end": "00:29:06", "text": "last time, but I just want to maybe it's"}, {"start": "00:29:04", "end": "00:29:10", "text": "even the same answer, but Bitcoin by top"}, {"start": "00:29:06", "end": "00:29:11", "text": "of next cycle, how do you judge it?"}, {"start": "00:29:10", "end": "00:29:14", "text": ">> Good question. All right. So, top of"}, {"start": "00:29:11", "end": "00:29:18", "text": "next cycle. Let's go back to exactly the"}, {"start": "00:29:14", "end": "00:29:20", "text": "chart that has predicted every cycle"}, {"start": "00:29:18", "end": "00:29:21", "text": "high and we'll just go with that. And I"}, {"start": "00:29:20", "end": "00:29:23", "text": "think that's the beauty of it. So, I'm"}, {"start": "00:29:21", "end": "00:29:26", "text": "going to go to my monthly chart here."}, {"start": "00:29:23", "end": "00:29:30", "text": "And the monthly chart, if you look at"}, {"start": "00:29:26", "end": "00:29:32", "text": "your 2017 high to your 2021 high, it"}, {"start": "00:29:30", "end": "00:29:35", "text": "literally gave us our exact highs here"}, {"start": "00:29:32", "end": "00:29:38", "text": "in the 2025 uh cycle, right? The highs"}, {"start": "00:29:35", "end": "00:29:41", "text": "in 2025. So, what I would say is until"}, {"start": "00:29:38", "end": "00:29:43", "text": "proven otherwise, I use that as my guide"}, {"start": "00:29:41", "end": "00:29:47", "text": "for the next cycle. Uh, let's just say"}, {"start": "00:29:43", "end": "00:29:50", "text": "it's a year or so out. So, let's say we"}, {"start": "00:29:47", "end": "00:29:52", "text": "go to early 2028. So, we'll go about a"}, {"start": "00:29:50", "end": "00:29:55", "text": "year and just under 6 months out. We're"}, {"start": "00:29:52", "end": "00:29:57", "text": "looking at around 160,000"}, {"start": "00:29:55", "end": "00:29:59", "text": "per the next bull cycle. And it could it"}, {"start": "00:29:57", "end": "00:30:02", "text": "go through that? Absolutely. But how can"}, {"start": "00:29:59", "end": "00:30:04", "text": "I say no to a trend line that has marked"}, {"start": "00:30:02", "end": "00:30:06", "text": "the high of every past cycle? I gotta go"}, {"start": "00:30:04", "end": "00:30:07", "text": "with that."}, {"start": "00:30:06", "end": "00:30:10", "text": ">> Gareth, thank you so much for joining me"}, {"start": "00:30:07", "end": "00:30:11", "text": "in our like this is provides so much"}, {"start": "00:30:10", "end": "00:30:14", "text": "insights on the market. I love having"}, {"start": "00:30:11", "end": "00:30:16", "text": "you on. In our final 10 minutes, I want"}, {"start": "00:30:14", "end": "00:30:18", "text": "to take it off Bitcoin a little bit and"}, {"start": "00:30:16", "end": "00:30:21", "text": "just pick your brain as a guy who's been"}, {"start": "00:30:18", "end": "00:30:25", "text": "trading markets for 20 years. I know you"}, {"start": "00:30:21", "end": "00:30:27", "text": "teach this to your to your top squad on"}, {"start": "00:30:25", "end": "00:30:30", "text": "on your channel, the premium members,"}, {"start": "00:30:27", "end": "00:30:31", "text": "but generally speaking, how do I become"}, {"start": "00:30:30", "end": "00:30:33", "text": "a profitable trader?"}, {"start": "00:30:31", "end": "00:30:35", "text": ">> Wow. What are one or two things that"}, {"start": "00:30:33", "end": "00:30:39", "text": "need to happen?"}, {"start": "00:30:35", "end": "00:30:41", "text": ">> So, so a few things first. Number one,"}, {"start": "00:30:39", "end": "00:30:43", "text": "there's no easy shortcut, right? It's"}, {"start": "00:30:41", "end": "00:30:45", "text": "like imagine if I wanted to be a"}, {"start": "00:30:43", "end": "00:30:47", "text": "surgeon. I can't just like read a book"}, {"start": "00:30:45", "end": "00:30:49", "text": "and be like, \"All right, I'm a surgeon,"}, {"start": "00:30:47", "end": "00:30:51", "text": "right?\" Um, and obviously no one would"}, {"start": "00:30:49", "end": "00:30:53", "text": "want me operating on them either. Um,"}, {"start": "00:30:51", "end": "00:30:56", "text": "it's the same thing with trading."}, {"start": "00:30:53", "end": "00:30:59", "text": "trading is so emotional or we are as"}, {"start": "00:30:56", "end": "00:31:01", "text": "humans so emotional that we have to"}, {"start": "00:30:59", "end": "00:31:04", "text": "first study a lot, learn the chart"}, {"start": "00:31:01", "end": "00:31:06", "text": "setups, start to trust them. Um once you"}, {"start": "00:31:04", "end": "00:31:09", "text": "start trusting them, then you begin to"}, {"start": "00:31:06", "end": "00:31:12", "text": "gain the ability to shut down your"}, {"start": "00:31:09", "end": "00:31:14", "text": "emotions. So when something looks its"}, {"start": "00:31:12", "end": "00:31:16", "text": "worst, when it normally would trigger"}, {"start": "00:31:14", "end": "00:31:18", "text": "panic and fear and you dumping at the"}, {"start": "00:31:16", "end": "00:31:19", "text": "lows, you need to be looking at that"}, {"start": "00:31:18", "end": "00:31:21", "text": "chart and saying, \"Wait a minute."}, {"start": "00:31:19", "end": "00:31:23", "text": "Actually, I have a double bottom here. I"}, {"start": "00:31:21", "end": "00:31:25", "text": "have a reversal signal coming in. This"}, {"start": "00:31:23", "end": "00:31:27", "text": "is actually where I need to be buying."}, {"start": "00:31:25", "end": "00:31:29", "text": "And I think we have to also recognize as"}, {"start": "00:31:27", "end": "00:31:33", "text": "investors and traders is that social"}, {"start": "00:31:29", "end": "00:31:35", "text": "media accelerates or it raises the"}, {"start": "00:31:33", "end": "00:31:36", "text": "emotion, right? When you go on social"}, {"start": "00:31:35", "end": "00:31:38", "text": "media, there's always someone telling"}, {"start": "00:31:36", "end": "00:31:40", "text": "you something's going to the moon,"}, {"start": "00:31:38", "end": "00:31:41", "text": "ridiculous like million-doll price"}, {"start": "00:31:40", "end": "00:31:43", "text": "targets in the next year on Bitcoin. And"}, {"start": "00:31:41", "end": "00:31:45", "text": "then there's also people that are saying"}, {"start": "00:31:43", "end": "00:31:47", "text": "it's going to zero. And the answer is"}, {"start": "00:31:45", "end": "00:31:49", "text": "it's most likely somewhere in between."}, {"start": "00:31:47", "end": "00:31:52", "text": "And we go to the charts for the best"}, {"start": "00:31:49", "end": "00:31:54", "text": "answer. Um, I think a big thing is when"}, {"start": "00:31:52", "end": "00:31:56", "text": "you start out as an investor, most"}, {"start": "00:31:54", "end": "00:31:58", "text": "people don't have a lot of money. I had"}, {"start": "00:31:56", "end": "00:32:02", "text": "10K that I had saved up from my first"}, {"start": "00:31:58", "end": "00:32:03", "text": "job and working side jobs to trade. And"}, {"start": "00:32:02", "end": "00:32:05", "text": "I went in there and I was like, \"All"}, {"start": "00:32:03", "end": "00:32:07", "text": "right, I'm going to turn this 10K into"}, {"start": "00:32:05", "end": "00:32:09", "text": "100K and then a million in like months."}, {"start": "00:32:07", "end": "00:32:12", "text": "Totally unrealistic.\" And what it did"}, {"start": "00:32:09", "end": "00:32:14", "text": "was it caused me to take big positions."}, {"start": "00:32:12", "end": "00:32:16", "text": "And when I was wrong, I couldn't admit I"}, {"start": "00:32:14", "end": "00:32:19", "text": "was wrong. And I blew up my account"}, {"start": "00:32:16", "end": "00:32:21", "text": "multiple times. And so starting small,"}, {"start": "00:32:19", "end": "00:32:23", "text": "learning the charts, you know, it's it's"}, {"start": "00:32:21", "end": "00:32:24", "text": "not about how much money you make in the"}, {"start": "00:32:23", "end": "00:32:26", "text": "beginning. It's about getting the"}, {"start": "00:32:24", "end": "00:32:29", "text": "process down and proving to yourself"}, {"start": "00:32:26", "end": "00:32:31", "text": "that you are a winning trader. I mean,"}, {"start": "00:32:29", "end": "00:32:33", "text": "these are all things that come through."}, {"start": "00:32:31", "end": "00:32:35", "text": "And and again, the biggest thing I would"}, {"start": "00:32:33", "end": "00:32:36", "text": "say is it's about learning to control"}, {"start": "00:32:35", "end": "00:32:38", "text": "your emotion. And what's interesting"}, {"start": "00:32:36", "end": "00:32:41", "text": "about that, it's positive and negative,"}, {"start": "00:32:38", "end": "00:32:42", "text": "right? So controlling your emotion is"}, {"start": "00:32:41", "end": "00:32:44", "text": "amazing because in life, you tend to"}, {"start": "00:32:42", "end": "00:32:46", "text": "make better decisions, right? When we"}, {"start": "00:32:44", "end": "00:32:48", "text": "get emotional, we we lash out. We do"}, {"start": "00:32:46", "end": "00:32:50", "text": "crazy things. If you're logical, it's"}, {"start": "00:32:48", "end": "00:32:52", "text": "just like, \"Okay, this is the way it is."}, {"start": "00:32:50", "end": "00:32:55", "text": "How do I now go from point A to point B?"}, {"start": "00:32:52", "end": "00:32:57", "text": "What's my current current way?\" Um, it's"}, {"start": "00:32:55", "end": "00:32:59", "text": "great for business. Logic is amazing for"}, {"start": "00:32:57", "end": "00:33:02", "text": "business. We make the right decisions."}, {"start": "00:32:59", "end": "00:33:03", "text": "In a marriage, I my wife sometimes gets"}, {"start": "00:33:02", "end": "00:33:05", "text": "annoyed at me because I'm not more"}, {"start": "00:33:03", "end": "00:33:07", "text": "emotional about things. I'm just very"}, {"start": "00:33:05", "end": "00:33:08", "text": "like, \"This is it. This is what we got"}, {"start": "00:33:07", "end": "00:33:10", "text": "to do now. Let's move on and go to the"}, {"start": "00:33:08", "end": "00:33:12", "text": "next thing.\" And so, you know, you have"}, {"start": "00:33:10", "end": "00:33:15", "text": "to be a real realist that it it has some"}, {"start": "00:33:12", "end": "00:33:17", "text": "impact. I still think overall it's"}, {"start": "00:33:15", "end": "00:33:19", "text": "better to be logical than emotional, but"}, {"start": "00:33:17", "end": "00:33:21", "text": "it is the hardest thing for us as humans"}, {"start": "00:33:19", "end": "00:33:23", "text": "to get control of. If you can get"}, {"start": "00:33:21", "end": "00:33:24", "text": "control of your emotions, you will be a"}, {"start": "00:33:23", "end": "00:33:26", "text": "good investor and trader."}, {"start": "00:33:24", "end": "00:33:28", "text": ">> Is it fair to say that generally"}, {"start": "00:33:26", "end": "00:33:31", "text": "speaking, most traders, you just need"}, {"start": "00:33:28", "end": "00:33:33", "text": "two, three, four indicators. You don't"}, {"start": "00:33:31", "end": "00:33:34", "text": "need to overindicate your chart. Most"}, {"start": "00:33:33", "end": "00:33:36", "text": "some people some people use Fibonacci,"}, {"start": "00:33:34", "end": "00:33:38", "text": "some people do breakouts, moving"}, {"start": "00:33:36", "end": "00:33:40", "text": "averages, but generally speaking, have"}, {"start": "00:33:38", "end": "00:33:41", "text": "the ones you believe in and just stick"}, {"start": "00:33:40", "end": "00:33:43", "text": "to those. I"}, {"start": "00:33:41", "end": "00:33:45", "text": ">> I I do agree with that. And I think you"}, {"start": "00:33:43", "end": "00:33:47", "text": "know what happens when you throw too"}, {"start": "00:33:45", "end": "00:33:49", "text": "many indicators on your screen is you"}, {"start": "00:33:47", "end": "00:33:50", "text": "get analysis by paralysis. You know,"}, {"start": "00:33:49", "end": "00:33:51", "text": "something's telling you you should go"}, {"start": "00:33:50", "end": "00:33:54", "text": "long, something's telling you, wait a"}, {"start": "00:33:51", "end": "00:33:55", "text": "minute, don't do it. Find the two or"}, {"start": "00:33:54", "end": "00:33:58", "text": "three things that work for you. I love"}, {"start": "00:33:55", "end": "00:34:00", "text": "my trend lines. Um I love gap fills."}, {"start": "00:33:58", "end": "00:34:02", "text": "They don't happen in crypto obviously"}, {"start": "00:34:00", "end": "00:34:04", "text": "because it's 24/7. And I like my"}, {"start": "00:34:02", "end": "00:34:07", "text": "Fibonacci. I like things that have"}, {"start": "00:34:04", "end": "00:34:10", "text": "proven themselves in not only trading,"}, {"start": "00:34:07", "end": "00:34:12", "text": "but Fibonacci occurs every day in"}, {"start": "00:34:10", "end": "00:34:13", "text": "nature. The the way the petals are laid"}, {"start": "00:34:12", "end": "00:34:16", "text": "out on a flower is in a Fibonacci"}, {"start": "00:34:13", "end": "00:34:18", "text": "sequence. The rings on a tree, if you"}, {"start": "00:34:16", "end": "00:34:20", "text": "cut down a tree, the rings on a tree are"}, {"start": "00:34:18", "end": "00:34:22", "text": "in a Fibonacci sequence. I'm a true"}, {"start": "00:34:20", "end": "00:34:24", "text": "believer that you and I, we're all part"}, {"start": "00:34:22", "end": "00:34:26", "text": "of this bigger entity, this earth. And"}, {"start": "00:34:24", "end": "00:34:29", "text": "therefore, if things affect animals, if"}, {"start": "00:34:26", "end": "00:34:31", "text": "things are in nature, they probably do"}, {"start": "00:34:29", "end": "00:34:33", "text": "have an impact on us. So, I I like to"}, {"start": "00:34:31", "end": "00:34:35", "text": "use those type of indicators, but I keep"}, {"start": "00:34:33", "end": "00:34:37", "text": "it as simple as can be. And there's"}, {"start": "00:34:35", "end": "00:34:38", "text": "nothing wrong with if some indicator is"}, {"start": "00:34:37", "end": "00:34:41", "text": "not working for you, get rid of it."}, {"start": "00:34:38", "end": "00:34:42", "text": "Don't don't force that square peg"}, {"start": "00:34:41", "end": "00:34:44", "text": "through the circle. It's not going to go"}, {"start": "00:34:42", "end": "00:34:46", "text": "through. Find something that works for"}, {"start": "00:34:44", "end": "00:34:47", "text": "you and make sure you prove it to"}, {"start": "00:34:46", "end": "00:34:49", "text": "yourself."}, {"start": "00:34:47", "end": "00:34:51", "text": ">> Gareth, do you use a trading bot"}, {"start": "00:34:49", "end": "00:34:53", "text": "basically that just says, \"These are my"}, {"start": "00:34:51", "end": "00:34:55", "text": "indicators. I'm going to be asleep. If"}, {"start": "00:34:53", "end": "00:34:59", "text": "these all go green, then make the buy or"}, {"start": "00:34:55", "end": "00:35:01", "text": "sell or is it are we not there yet?"}, {"start": "00:34:59", "end": "00:35:04", "text": ">> So, so I've been messing around with an"}, {"start": "00:35:01", "end": "00:35:08", "text": "AI trading training an AI model. Uh, so"}, {"start": "00:35:04", "end": "00:35:10", "text": "far it is not there yet, but as of now"}, {"start": "00:35:08", "end": "00:35:13", "text": "there are certain things that you learn"}, {"start": "00:35:10", "end": "00:35:16", "text": "as a trader that I haven't been able to"}, {"start": "00:35:13", "end": "00:35:18", "text": "get AI to replicate just yet. And so I I"}, {"start": "00:35:16", "end": "00:35:20", "text": "generally trade just based on my own"}, {"start": "00:35:18", "end": "00:35:22", "text": "indicators, my own trend lines. I see"}, {"start": "00:35:20", "end": "00:35:25", "text": "things that I haven't been able to tra"}, {"start": "00:35:22", "end": "00:35:28", "text": "train train uh a bot to find yet in the"}, {"start": "00:35:25", "end": "00:35:30", "text": "charts like my trend lines drawing them"}, {"start": "00:35:28", "end": "00:35:32", "text": "correctly. It's incredibly difficult to"}, {"start": "00:35:30", "end": "00:35:34", "text": "try to train a bot to do that or an AI"}, {"start": "00:35:32", "end": "00:35:37", "text": "to do that. Um so I guess what I would"}, {"start": "00:35:34", "end": "00:35:39", "text": "say is so far there's nothing that's"}, {"start": "00:35:37", "end": "00:35:42", "text": "been able to replicate what I do yet."}, {"start": "00:35:39", "end": "00:35:45", "text": "Again, check out Exchange Partner WEX."}, {"start": "00:35:42", "end": "00:35:47", "text": "Join either team human or join team AI."}, {"start": "00:35:45", "end": "00:35:48", "text": "This is for human traders using their"}, {"start": "00:35:47", "end": "00:35:50", "text": "own AI bots. So, you can just plug that"}, {"start": "00:35:48", "end": "00:35:53", "text": "right in and get a share of up to"}, {"start": "00:35:50", "end": "00:35:55", "text": "$600,000"}, {"start": "00:35:53", "end": "00:35:58", "text": "just for trading. Anyway, I'm personally"}, {"start": "00:35:55", "end": "00:36:00", "text": "joining Team Human link below to follow"}, {"start": "00:35:58", "end": "00:36:01", "text": "along. Uh, but I am continually hoping"}, {"start": "00:36:00", "end": "00:36:03", "text": "and I do think and this is something"}, {"start": "00:36:01", "end": "00:36:05", "text": "wild is like, you know, what does the"}, {"start": "00:36:03", "end": "00:36:08", "text": "future look for look like for us in"}, {"start": "00:36:05", "end": "00:36:10", "text": "trading? Is in 10 years, do we even need"}, {"start": "00:36:08", "end": "00:36:11", "text": "to trade or if everyone has it, then how"}, {"start": "00:36:10", "end": "00:36:13", "text": "does that even work? Because when"}, {"start": "00:36:11", "end": "00:36:15", "text": "everyone goes long something, sure,"}, {"start": "00:36:13", "end": "00:36:16", "text": "it'll pop, but then usually when"}, {"start": "00:36:15", "end": "00:36:18", "text": "everyone's long, it goes the opposite"}, {"start": "00:36:16", "end": "00:36:20", "text": "way. So, so there are a lot of"}, {"start": "00:36:18", "end": "00:36:23", "text": "questions, but uh but suffice it to say,"}, {"start": "00:36:20", "end": "00:36:25", "text": "I would say that AI tends to make the"}, {"start": "00:36:23", "end": "00:36:27", "text": "research part much much simpler. It can"}, {"start": "00:36:25", "end": "00:36:28", "text": "give me information that would take me"}, {"start": "00:36:27", "end": "00:36:31", "text": "hours to find."}, {"start": "00:36:28", "end": "00:36:33", "text": ">> And just a a personal question about"}, {"start": "00:36:31", "end": "00:36:36", "text": "your trading history, like you went $5"}, {"start": "00:36:33", "end": "00:36:39", "text": "million long publicly on Bitcoin. That"}, {"start": "00:36:36", "end": "00:36:41", "text": "paid off. What's been the biggest trade"}, {"start": "00:36:39", "end": "00:36:43", "text": "you've ever publicly put out there or or"}, {"start": "00:36:41", "end": "00:36:45", "text": "you've ever done?"}, {"start": "00:36:43", "end": "00:36:47", "text": ">> Yeah, I would say I would say that long."}, {"start": "00:36:45", "end": "00:36:49", "text": "And it wasn't just in Bitcoin. I had a"}, {"start": "00:36:47", "end": "00:36:51", "text": "little in in some various alts, but the"}, {"start": "00:36:49", "end": "00:36:52", "text": "Bitcoin obviously is as for me when I'm"}, {"start": "00:36:51", "end": "00:36:54", "text": "putting that type of money on the line."}, {"start": "00:36:52", "end": "00:36:56", "text": "And by the way, a lot of people do"}, {"start": "00:36:54", "end": "00:36:58", "text": "trades that they'll use leverage to get"}, {"start": "00:36:56", "end": "00:37:00", "text": "to 5 million. This was like literally $5"}, {"start": "00:36:58", "end": "00:37:03", "text": "million in IBIT, like in in some of"}, {"start": "00:37:00", "end": "00:37:05", "text": "these other things. But, you know, it's"}, {"start": "00:37:03", "end": "00:37:08", "text": "it's that's probably this year the"}, {"start": "00:37:05", "end": "00:37:10", "text": "biggest one I've done. I tend to not do"}, {"start": "00:37:08", "end": "00:37:12", "text": "that very often because I can be wrong"}, {"start": "00:37:10", "end": "00:37:14", "text": "and I have been wrong and I will be"}, {"start": "00:37:12", "end": "00:37:16", "text": "wrong again. Um, this one was a high"}, {"start": "00:37:14", "end": "00:37:18", "text": "conviction one, so I gave it a shot. But"}, {"start": "00:37:16", "end": "00:37:21", "text": "I certainly was watching it like a hawk."}, {"start": "00:37:18", "end": "00:37:23", "text": "But I would say in general, that's a big"}, {"start": "00:37:21", "end": "00:37:26", "text": "trade for me to put on. Um, and I and"}, {"start": "00:37:23", "end": "00:37:27", "text": "I'm somewhat nervous to do that too"}, {"start": "00:37:26", "end": "00:37:29", "text": "often because if you're wrong, you I"}, {"start": "00:37:27", "end": "00:37:30", "text": "could lose a million dollars very very"}, {"start": "00:37:29", "end": "00:37:31", "text": "quickly."}, {"start": "00:37:30", "end": "00:37:33", "text": ">> And the market could trade against you."}, {"start": "00:37:31", "end": "00:37:35", "text": "Just a hater that sees it publicly could"}, {"start": "00:37:33", "end": "00:37:37", "text": "make you pay a little bit."}, {"start": "00:37:35", "end": "00:37:38", "text": ">> Yes. And that's part of the reason why a"}, {"start": "00:37:37", "end": "00:37:41", "text": "majority of it was an IBIT, sum in"}, {"start": "00:37:38", "end": "00:37:44", "text": "Bitcoin, the physical Bitcoin, is that"}, {"start": "00:37:41", "end": "00:37:45", "text": "if I did that on a small micro play, I"}, {"start": "00:37:44", "end": "00:37:47", "text": "guarantee the exchange would have traded"}, {"start": "00:37:45", "end": "00:37:49", "text": "against me and and run me out of that"}, {"start": "00:37:47", "end": "00:37:51", "text": "position. Absolutely. And I think that's"}, {"start": "00:37:49", "end": "00:37:53", "text": "such a important thing for investors to"}, {"start": "00:37:51", "end": "00:37:55", "text": "understand is, you know, using leverage"}, {"start": "00:37:53", "end": "00:37:57", "text": "can be used well, but it also can be"}, {"start": "00:37:55", "end": "00:37:59", "text": "used stupidly where if you do too big of"}, {"start": "00:37:57", "end": "00:38:00", "text": "a position, they will just hunt you down"}, {"start": "00:37:59", "end": "00:38:02", "text": "and take you out at your liquidation"}, {"start": "00:38:00", "end": "00:38:03", "text": "price."}, {"start": "00:38:02", "end": "00:38:05", "text": ">> Gareth, thank you so much for joining"}, {"start": "00:38:03", "end": "00:38:06", "text": "me. links for everything down below."}, {"start": "00:38:05", "end": "00:38:08", "text": "Final thoughts for the Altcoin Daily"}, {"start": "00:38:06", "end": "00:38:10", "text": "Army."}, {"start": "00:38:08", "end": "00:38:12", "text": ">> I think as as the altcoin Daily Army,"}, {"start": "00:38:10", "end": "00:38:13", "text": "just number one, you're you're following"}, {"start": "00:38:12", "end": "00:38:15", "text": "the right person, man. You guys, the"}, {"start": "00:38:13", "end": "00:38:18", "text": "Altcoin Daily brothers are just"}, {"start": "00:38:15", "end": "00:38:20", "text": "absolutely amazing. Um, and just again,"}, {"start": "00:38:18", "end": "00:38:22", "text": "remember it's slow and steady really"}, {"start": "00:38:20", "end": "00:38:23", "text": "wins wins the race. I know that sounds"}, {"start": "00:38:22", "end": "00:38:25", "text": "weird, but I started from a point where"}, {"start": "00:38:23", "end": "00:38:27", "text": "I was working, you know, bartending at"}, {"start": "00:38:25", "end": "00:38:29", "text": "nights, teaching bartending on the"}, {"start": "00:38:27", "end": "00:38:31", "text": "weekend, everything to just get a little"}, {"start": "00:38:29", "end": "00:38:33", "text": "bit of money in my portfolio or in my"}, {"start": "00:38:31", "end": "00:38:37", "text": "account to actually be able to learn to"}, {"start": "00:38:33", "end": "00:38:39", "text": "trade. And I only started making good"}, {"start": "00:38:37", "end": "00:38:41", "text": "money after multiple years. I I"}, {"start": "00:38:39", "end": "00:38:44", "text": "literally lost money for years trading"}, {"start": "00:38:41", "end": "00:38:46", "text": "until I finally started looking at"}, {"start": "00:38:44", "end": "00:38:48", "text": "singles and doubles. And then I strung"}, {"start": "00:38:46", "end": "00:38:50", "text": "together. I started to find that when I"}, {"start": "00:38:48", "end": "00:38:51", "text": "tried to hit home runs, just like"}, {"start": "00:38:50", "end": "00:38:53", "text": "baseball players, they tend to strike"}, {"start": "00:38:51", "end": "00:38:55", "text": "out more. In this game, you can't afford"}, {"start": "00:38:53", "end": "00:38:56", "text": "that. It's a big loss and a strikeout"}, {"start": "00:38:55", "end": "00:39:00", "text": "will kill your portfolio. So singles and"}, {"start": "00:38:56", "end": "00:39:00", "text": "doubles, just keep with the"}]

[{"start": "00:00:00", "end": "00:00:06", "text": "Alex Jones, who correctly predicted 9/11"}, {"start": "00:00:03", "end": "00:00:09", "text": "and the COVID pandemic, says he has"}, {"start": "00:00:06", "end": "00:00:13", "text": "inside information on XRP."}, {"start": "00:00:09", "end": "00:00:14", "text": ">> XRP has been chosen by the majority of"}, {"start": "00:00:13", "end": "00:00:16", "text": "globalist banks and institutions and"}, {"start": "00:00:14", "end": "00:00:19", "text": "governments to be the main mode of"}, {"start": "00:00:16", "end": "00:00:20", "text": "exchange. So, it's not hard to pick it"}, {"start": "00:00:19", "end": "00:00:22", "text": "as the winner. You get profit taking on"}, {"start": "00:00:20", "end": "00:00:23", "text": "Bitcoin and things, and every time it"}, {"start": "00:00:22", "end": "00:00:24", "text": "happens, they're like, \"Oh, it's over."}, {"start": "00:00:23", "end": "00:00:26", "text": "It's done. It was a scam from the"}, {"start": "00:00:24", "end": "00:00:28", "text": "beginning.\""}, {"start": "00:00:26", "end": "00:00:30", "text": "Well, it might be a scam for total"}, {"start": "00:00:28", "end": "00:00:32", "text": "global control down the road, but it's"}, {"start": "00:00:30", "end": "00:00:34", "text": "not a scam that it's going to end up"}, {"start": "00:00:32", "end": "00:00:36", "text": "being right at the center"}, {"start": "00:00:34", "end": "00:00:40", "text": "of the new central bank digital currency"}, {"start": "00:00:36", "end": "00:00:42", "text": "systems, and XRP has been chosen by the"}, {"start": "00:00:40", "end": "00:00:44", "text": "majority of globalist banks and"}, {"start": "00:00:42", "end": "00:00:46", "text": "institutions and governments to be the"}, {"start": "00:00:44", "end": "00:00:48", "text": "main mode of exchange. So, it's not hard"}, {"start": "00:00:46", "end": "00:00:50", "text": "to pick it as the winner."}, {"start": "00:00:48", "end": "00:00:52", "text": "And so, all this global instability and"}, {"start": "00:00:50", "end": "00:00:54", "text": "inflation exploding and and oil and gas"}, {"start": "00:00:52", "end": "00:00:57", "text": "going up in price,"}, {"start": "00:00:54", "end": "00:00:58", "text": "it wasn't a hard bet to say that that is"}, {"start": "00:00:57", "end": "00:01:01", "text": "going [music] to then push people into"}, {"start": "00:00:58", "end": "00:01:03", "text": "alternate currencies."}, {"start": "00:01:01", "end": "00:01:05", "text": "Especially not not not just our"}, {"start": "00:01:03", "end": "00:01:07", "text": "government, but other governments like"}, {"start": "00:01:05", "end": "00:01:09", "text": "the Russians, the Chinese,"}, {"start": "00:01:07", "end": "00:01:12", "text": "the Iranians, the North Koreans, and"}, {"start": "00:01:09", "end": "00:01:12", "text": "others. And so,"}]

[{"start": "00:00:00", "end": "00:00:03", "text": "I personally believe that uh the bottom"}, {"start": "00:00:02", "end": "00:00:05", "text": "is in. We're going to get regulatory"}, {"start": "00:00:03", "end": "00:00:09", "text": "clarity one way or another."}, {"start": "00:00:05", "end": "00:00:12", "text": ">> Trillions are about to enter the crypto"}, {"start": "00:00:09", "end": "00:00:14", "text": "market. That's not according to me."}, {"start": "00:00:12", "end": "00:00:16", "text": "Altcoin Daily, the number one crypto"}, {"start": "00:00:14", "end": "00:00:19", "text": "news and media channel in the US and"}, {"start": "00:00:16", "end": "00:00:22", "text": "around the world. That is according to"}, {"start": "00:00:19", "end": "00:00:25", "text": "Brian Armstrong, the CEO of Coinbase,"}, {"start": "00:00:22", "end": "00:00:28", "text": "who says there's a reason why Smart"}, {"start": "00:00:25", "end": "00:00:30", "text": "Money is bullish on crypto. September of"}, {"start": "00:00:28", "end": "00:00:33", "text": "2026,"}, {"start": "00:00:30", "end": "00:00:37", "text": "Smart Money sees what's about to happen"}, {"start": "00:00:33", "end": "00:00:40", "text": "to this space. September 15th is the"}, {"start": "00:00:37", "end": "00:00:43", "text": "day. Smash the like button. Send this"}, {"start": "00:00:40", "end": "00:00:46", "text": "video to a friend who's also wondering"}, {"start": "00:00:43", "end": "00:00:50", "text": "what the future of crypto looks like. In"}, {"start": "00:00:46", "end": "00:00:53", "text": "less than 60 seconds, Coinbase CEO Brian"}, {"start": "00:00:50", "end": "00:00:57", "text": "Armstrong perfectly explains what"}, {"start": "00:00:53", "end": "00:01:00", "text": "happens next and why trillions are about"}, {"start": "00:00:57", "end": "00:01:03", "text": "to enter crypto because we are finally"}, {"start": "00:01:00", "end": "00:01:06", "text": "getting pro- crypto regulation. Listen,"}, {"start": "00:01:03", "end": "00:01:08", "text": ">> do you feel that this this this vote and"}, {"start": "00:01:06", "end": "00:01:09", "text": "and the bill indeed if it passes is"}, {"start": "00:01:08", "end": "00:01:12", "text": "going to be something that will help to"}, {"start": "00:01:09", "end": "00:01:14", "text": "unlock sideline institutional capital,"}, {"start": "00:01:12", "end": "00:01:16", "text": "Brian?"}, {"start": "00:01:14", "end": "00:01:17", "text": "Well, I do think just like we saw with"}, {"start": "00:01:16", "end": "00:01:19", "text": "the Genius Act that passed last year for"}, {"start": "00:01:17", "end": "00:01:21", "text": "stable coins in the wake of that"}, {"start": "00:01:19", "end": "00:01:23", "text": "legislation passing, we saw well over"}, {"start": "00:01:21", "end": "00:01:25", "text": "150 large companies integrate stable"}, {"start": "00:01:23", "end": "00:01:27", "text": "coins within just a three-month period."}, {"start": "00:01:25", "end": "00:01:28", "text": "And so I think something similar could"}, {"start": "00:01:27", "end": "00:01:31", "text": "happen with the Clarity vote, the"}, {"start": "00:01:28", "end": "00:01:33", "text": "Clarity Act passing. It's a it's a"}, {"start": "00:01:31", "end": "00:01:34", "text": "regulatory checkbox. Um it it'd be a big"}, {"start": "00:01:33", "end": "00:01:36", "text": "milestone certainly to unlock"}, {"start": "00:01:34", "end": "00:01:38", "text": "institutional capital and to bring uh"}, {"start": "00:01:36", "end": "00:01:40", "text": "things like tokenized equities and per"}, {"start": "00:01:38", "end": "00:01:42", "text": "to the United States, which would be"}, {"start": "00:01:40", "end": "00:01:44", "text": "very good. But as I said, uh even if the"}, {"start": "00:01:42", "end": "00:01:45", "text": "bill doesn't pass, the the SEC and the"}, {"start": "00:01:44", "end": "00:01:48", "text": "CFTC have already said they're about to"}, {"start": "00:01:45", "end": "00:01:49", "text": "publish um rulemaking and innovation"}, {"start": "00:01:48", "end": "00:01:51", "text": "exemptions under their existing"}, {"start": "00:01:49", "end": "00:01:53", "text": "authority if the Senate fails to pass"}, {"start": "00:01:51", "end": "00:01:55", "text": "it. And so I think either way, we will"}, {"start": "00:01:53", "end": "00:01:57", "text": "get regulatory clarity on this in the"}, {"start": "00:01:55", "end": "00:01:59", "text": "coming month or so. Smash the like"}, {"start": "00:01:57", "end": "00:02:02", "text": "button if you appreciate us breaking all"}, {"start": "00:01:59", "end": "00:02:05", "text": "of this down for you. Because to be"}, {"start": "00:02:02", "end": "00:02:08", "text": "clear, Brian Armstrong is now fully on"}, {"start": "00:02:05", "end": "00:02:11", "text": "board and thinks the Senate should vote"}, {"start": "00:02:08", "end": "00:02:14", "text": "yes on the Clarity Act. Senate is voting"}, {"start": "00:02:11", "end": "00:02:17", "text": "September 15th. Clarity Act either dies"}, {"start": "00:02:14", "end": "00:02:20", "text": "on the Senate floor September 15th or"}, {"start": "00:02:17", "end": "00:02:24", "text": "advances. And if it advances, it"}, {"start": "00:02:20", "end": "00:02:28", "text": "probably gets signed into law. However,"}, {"start": "00:02:24", "end": "00:02:31", "text": "frankly, if it doesn't pass, it's also"}, {"start": "00:02:28", "end": "00:02:33", "text": "going to be a good outcome, clarifies"}, {"start": "00:02:31", "end": "00:02:35", "text": "Brian Armstrong. I have made my thoughts"}, {"start": "00:02:33", "end": "00:02:38", "text": "on this very clear at this point,"}, {"start": "00:02:35", "end": "00:02:42", "text": "although I'd want it to pass at this"}, {"start": "00:02:38", "end": "00:02:44", "text": "point. Crypto Clarity Act seems dead."}, {"start": "00:02:42", "end": "00:02:47", "text": "Now, prediction market odds are closer"}, {"start": "00:02:44", "end": "00:02:49", "text": "to 10%. So, it is refreshing to hear and"}, {"start": "00:02:47", "end": "00:02:52", "text": "also something I've been wondering"}, {"start": "00:02:49", "end": "00:02:55", "text": "about. Well, if it doesn't pass, then"}, {"start": "00:02:52", "end": "00:02:58", "text": "what happens? White House crypto advisor"}, {"start": "00:02:55", "end": "00:03:01", "text": "Patrick Wit clarified to the press that"}, {"start": "00:02:58", "end": "00:03:04", "text": "if the Clarity Act fails, we will lick"}, {"start": "00:03:01", "end": "00:03:08", "text": "our wounds very quickly and turn to the"}, {"start": "00:03:04", "end": "00:03:12", "text": "next chapter, which is aggressive SEC"}, {"start": "00:03:08", "end": "00:03:14", "text": "and CFTC rulemaking. Basically, the"}, {"start": "00:03:12", "end": "00:03:17", "text": "rules that we would be getting if the"}, {"start": "00:03:14", "end": "00:03:20", "text": "Clarity Act passes will just be enacted"}, {"start": "00:03:17", "end": "00:03:22", "text": "with the individual agencies. It's not"}, {"start": "00:03:20", "end": "00:03:25", "text": "going to be as sticky, but it will be"}, {"start": "00:03:22", "end": "00:03:27", "text": "bullish for crypto looking forward as"}, {"start": "00:03:25", "end": "00:03:30", "text": "long as these rules can stay in place."}, {"start": "00:03:27", "end": "00:03:33", "text": "So, connect the dots here. Trillions are"}, {"start": "00:03:30", "end": "00:03:37", "text": "about to enter crypto because we're"}, {"start": "00:03:33", "end": "00:03:40", "text": "going to get regulatory clarity one way"}, {"start": "00:03:37", "end": "00:03:44", "text": "or another, either on the 15th or a day"}, {"start": "00:03:40", "end": "00:03:46", "text": "or two after. This should make you"}, {"start": "00:03:44", "end": "00:03:48", "text": "bullish on what comes next for crypto."}, {"start": "00:03:46", "end": "00:03:50", "text": "There's a lot riding on uh the"}, {"start": "00:03:48", "end": "00:03:53", "text": "regulatory framework and the Clarity"}, {"start": "00:03:50", "end": "00:03:54", "text": "Act. How far does it go and is it fit"}, {"start": "00:03:53", "end": "00:03:56", "text": "for purpose?"}, {"start": "00:03:54", "end": "00:03:58", "text": ">> I think the Clarity Act is ready to get"}, {"start": "00:03:56", "end": "00:04:00", "text": "a yes vote and from everyone I've spoken"}, {"start": "00:03:58", "end": "00:04:01", "text": "with in the Senate, um they're on board"}, {"start": "00:04:00", "end": "00:04:03", "text": "with this. There's been a lot of good"}, {"start": "00:04:01", "end": "00:04:06", "text": "bipartisan compromise. Hundreds of pages"}, {"start": "00:04:03", "end": "00:04:07", "text": "of input from both sides. Uh law"}, {"start": "00:04:06", "end": "00:04:09", "text": "enforcement groups are now on board."}, {"start": "00:04:07", "end": "00:04:11", "text": "Many banks are on board. The crypto"}, {"start": "00:04:09", "end": "00:04:12", "text": "companies are on board. And most"}, {"start": "00:04:11", "end": "00:04:14", "text": "importantly, it would create a clear"}, {"start": "00:04:12", "end": "00:04:16", "text": "regulatory framework uh for to protect"}, {"start": "00:04:14", "end": "00:04:18", "text": "American consumers and help get the"}, {"start": "00:04:16", "end": "00:04:20", "text": "technology built um in that region just"}, {"start": "00:04:18", "end": "00:04:22", "text": "as it's being built in the G20 and the"}, {"start": "00:04:20", "end": "00:04:23", "text": "rest of these countries around the"}, {"start": "00:04:22", "end": "00:04:26", "text": "world. So, you know, we've certainly"}, {"start": "00:04:23", "end": "00:04:27", "text": "been proud to stand up for um a good"}, {"start": "00:04:26", "end": "00:04:28", "text": "version of the bill. You know, in the"}, {"start": "00:04:27", "end": "00:04:30", "text": "past, we we weren't afraid to stand up"}, {"start": "00:04:28", "end": "00:04:32", "text": "and say there was challenges with it."}, {"start": "00:04:30", "end": "00:04:33", "text": "All of those must have issues that we"}, {"start": "00:04:32", "end": "00:04:34", "text": "raised our hand last time on have now"}, {"start": "00:04:33", "end": "00:04:36", "text": "been resolved. So, I feel really good"}, {"start": "00:04:34", "end": "00:04:38", "text": "about that, standing up for our"}, {"start": "00:04:36", "end": "00:04:40", "text": "customers rights. And so on the 15th"}, {"start": "00:04:38", "end": "00:04:43", "text": "next week, um we'll know if we get 60"}, {"start": "00:04:40", "end": "00:04:44", "text": "votes. And if it passes, great. We've"}, {"start": "00:04:43", "end": "00:04:46", "text": "got legislation. Frankly, if it doesn't"}, {"start": "00:04:44", "end": "00:04:48", "text": "pass, it's also going to be a good"}, {"start": "00:04:46", "end": "00:04:49", "text": "outcome because the SEC and the CFTC"}, {"start": "00:04:48", "end": "00:04:51", "text": "have said that they're ready to publish"}, {"start": "00:04:49", "end": "00:04:54", "text": "rulemaking. And we're going to get"}, {"start": "00:04:51", "end": "00:04:56", "text": "regulatory clarity one way or another on"}, {"start": "00:04:54", "end": "00:04:58", "text": "the 15th or the day or two after."}, {"start": "00:04:56", "end": "00:05:01", "text": ">> And the pressure that US regulators are"}, {"start": "00:04:58", "end": "00:05:05", "text": "feeling continues to build as another"}, {"start": "00:05:01", "end": "00:05:08", "text": "country passes their own versions of the"}, {"start": "00:05:05", "end": "00:05:11", "text": "Clarity Act. Big news. Canada just"}, {"start": "00:05:08", "end": "00:05:14", "text": "approved banks to launch crypto deposit"}, {"start": "00:05:11", "end": "00:05:17", "text": "products in 2026. Crypto is moving"}, {"start": "00:05:14", "end": "00:05:19", "text": "deeper into the traditional banking"}, {"start": "00:05:17", "end": "00:05:23", "text": "system of Canada. We're seeing similar"}, {"start": "00:05:19", "end": "00:05:26", "text": "news in the UK, in Italy, China,"}, {"start": "00:05:23", "end": "00:05:29", "text": "Singapore, so many places. Traditional"}, {"start": "00:05:26", "end": "00:05:33", "text": "finance all over the world is getting"}, {"start": "00:05:29", "end": "00:05:36", "text": "bigger and better for crypto. So, it's"}, {"start": "00:05:33", "end": "00:05:39", "text": "no surprise to me that Brian Armstrong"}, {"start": "00:05:36", "end": "00:05:44", "text": "is calling a $400,000"}, {"start": "00:05:39", "end": "00:05:47", "text": "Bitcoin price by 2030 reasonable. Just"}, {"start": "00:05:44", "end": "00:05:51", "text": "so you understand, that's a roughly 5x"}, {"start": "00:05:47", "end": "00:05:53", "text": "in Bitcoin's price today. In just 4"}, {"start": "00:05:51", "end": "00:05:55", "text": "years, and even going as far as to say,"}, {"start": "00:05:53", "end": "00:05:57", "text": "we're entering another bull market now."}, {"start": "00:05:55", "end": "00:06:00", "text": "The bottom's in, and in four years,"}, {"start": "00:05:57", "end": "00:06:02", "text": "Bitcoin can hit 400K. Smash the like"}, {"start": "00:06:00", "end": "00:06:04", "text": "button and listen for yourself. I"}, {"start": "00:06:02", "end": "00:06:05", "text": "personally believe that uh the bottom is"}, {"start": "00:06:04", "end": "00:06:08", "text": "in."}, {"start": "00:06:05", "end": "00:06:12", "text": ">> Bitcoin is trading just below the 80,000"}, {"start": "00:06:08", "end": "00:06:15", "text": "handle. Uh do you still believe that we"}, {"start": "00:06:12", "end": "00:06:18", "text": "could see Bitcoin 400,000 by the year"}, {"start": "00:06:15", "end": "00:06:19", "text": "2030? And what would it take to get"}, {"start": "00:06:18", "end": "00:06:21", "text": "there?"}, {"start": "00:06:19", "end": "00:06:23", "text": ">> Uh the short answer is yes. I do think"}, {"start": "00:06:21", "end": "00:06:26", "text": "that that's a reasonable target by 2030."}, {"start": "00:06:23", "end": "00:06:27", "text": "And uh if you follow crypto, you know,"}, {"start": "00:06:26", "end": "00:06:29", "text": "it typically will go through these"}, {"start": "00:06:27", "end": "00:06:31", "text": "four-earish cycles. um there'll be a"}, {"start": "00:06:29", "end": "00:06:33", "text": "runup, some euphoria, some euphoria,"}, {"start": "00:06:31", "end": "00:06:35", "text": "there'll be a down period. Most of the"}, {"start": "00:06:33", "end": "00:06:37", "text": "down periods last about a year and we've"}, {"start": "00:06:35", "end": "00:06:39", "text": "actually just come across the one-year"}, {"start": "00:06:37", "end": "00:06:41", "text": "mark for this down period. And so I"}, {"start": "00:06:39", "end": "00:06:44", "text": "personally believe that uh the bottom is"}, {"start": "00:06:41", "end": "00:06:45", "text": "in on on Bitcoin in this most recent"}, {"start": "00:06:44", "end": "00:06:49", "text": "cycle. We've already seen it come up"}, {"start": "00:06:45", "end": "00:06:50", "text": "from 60k or so and a lot of people will"}, {"start": "00:06:49", "end": "00:06:52", "text": "be watching this clarity act and if it"}, {"start": "00:06:50", "end": "00:06:54", "text": "fails you know the subsequent rulem that"}, {"start": "00:06:52", "end": "00:06:56", "text": "comes out after that and then there's"}, {"start": "00:06:54", "end": "00:06:57", "text": "another bitcoin having event that's I"}, {"start": "00:06:56", "end": "00:06:59", "text": "don't know about a year and a half out"}, {"start": "00:06:57", "end": "00:07:01", "text": "and we tend to see run-ups in advance of"}, {"start": "00:06:59", "end": "00:07:02", "text": "that. So I think the next year or two is"}, {"start": "00:07:01", "end": "00:07:05", "text": "going to be good for bitcoin and we'll"}, {"start": "00:07:02", "end": "00:07:08", "text": "see what happens. In other news, let me"}, {"start": "00:07:05", "end": "00:07:12", "text": "update you on what happened with Hunter"}, {"start": "00:07:08", "end": "00:07:14", "text": "Biden's crypto memecoin laptop, which"}, {"start": "00:07:12", "end": "00:07:19", "text": "crashed 99%"}, {"start": "00:07:14", "end": "00:07:21", "text": "just 2 hours after launch. It is funny"}, {"start": "00:07:19", "end": "00:07:24", "text": "that everybody in crypto leading up to"}, {"start": "00:07:21", "end": "00:07:27", "text": "this shouted at Hunter Biden that this"}, {"start": "00:07:24", "end": "00:07:30", "text": "is going to turn out just like all the"}, {"start": "00:07:27", "end": "00:07:33", "text": "other celebrity meme coins or politician"}, {"start": "00:07:30", "end": "00:07:35", "text": "meme coins. And exactly what we all"}, {"start": "00:07:33", "end": "00:07:39", "text": "thought would happen happened. What I"}, {"start": "00:07:35", "end": "00:07:43", "text": "didn't expect to happen is this video"}, {"start": "00:07:39", "end": "00:07:46", "text": "Hunter Biden put out to address the"}, {"start": "00:07:43", "end": "00:07:50", "text": "seemingly failure of his memecoin. And"}, {"start": "00:07:46", "end": "00:07:53", "text": "unlike Trump, unlike Hawk to a girl,"}, {"start": "00:07:50", "end": "00:07:56", "text": "unlike any of the other celebrity"}, {"start": "00:07:53", "end": "00:07:58", "text": "memecoins, Hunter Biden taking full"}, {"start": "00:07:56", "end": "00:08:00", "text": "responsibility, saying he's going to"}, {"start": "00:07:58", "end": "00:08:03", "text": "make everything right and he is going to"}, {"start": "00:08:00", "end": "00:08:05", "text": "stick with this memecoin project and"}, {"start": "00:08:03", "end": "00:08:07", "text": "make it work. Like, it's silly to me"}, {"start": "00:08:05", "end": "00:08:10", "text": "that he's focusing so much time on this,"}, {"start": "00:08:07", "end": "00:08:12", "text": "but does say having his own cryptocoin"}, {"start": "00:08:10", "end": "00:08:15", "text": "is important to him. You tell me what"}, {"start": "00:08:12", "end": "00:08:16", "text": "you think of Hunter Biden's statements"}, {"start": "00:08:15", "end": "00:08:19", "text": "in this clip."}, {"start": "00:08:16", "end": "00:08:21", "text": ">> Hey everyone, Hunter here. It has been a"}, {"start": "00:08:19", "end": "00:08:24", "text": "long couple days. I want to want make"}, {"start": "00:08:21", "end": "00:08:26", "text": "one thing clear is that this is mying"}, {"start": "00:08:24", "end": "00:08:32", "text": "token. I've been working on this thing"}, {"start": "00:08:26", "end": "00:08:34", "text": "for six months straight and I have gone"}, {"start": "00:08:32", "end": "00:08:36", "text": "in deep in terms of cryptocurrency and"}, {"start": "00:08:34", "end": "00:08:39", "text": "understanding exactly what I was getting"}, {"start": "00:08:36", "end": "00:08:41", "text": "into. And what I was getting into was"}, {"start": "00:08:39", "end": "00:08:43", "text": "trying to do something just marketkedly"}, {"start": "00:08:41", "end": "00:08:46", "text": "different than what has been offered up"}, {"start": "00:08:43", "end": "00:08:48", "text": "to the to the community in the past two"}, {"start": "00:08:46", "end": "00:08:49", "text": "years. That's something that actually"}, {"start": "00:08:48", "end": "00:08:52", "text": "could help build community and do"}, {"start": "00:08:49", "end": "00:08:55", "text": "something that's worthwhile. And to that"}, {"start": "00:08:52", "end": "00:08:57", "text": "end, that's why we have a 20% airdrop to"}, {"start": "00:08:55", "end": "00:08:59", "text": "both my substscribers, but also to"}, {"start": "00:08:57", "end": "00:09:01", "text": "people that lost money on the Trump"}, {"start": "00:08:59", "end": "00:09:04", "text": "token and airdrops to come in the"}, {"start": "00:09:01", "end": "00:09:06", "text": "future. And not only that is that we"}, {"start": "00:09:04", "end": "00:09:07", "text": "also build into it a charity component"}, {"start": "00:09:06", "end": "00:09:10", "text": "that's really really important to me"}, {"start": "00:09:07", "end": "00:09:12", "text": "that ultimately will go to uh charities"}, {"start": "00:09:10", "end": "00:09:15", "text": "related to recovery and addiction. And"}, {"start": "00:09:12", "end": "00:09:19", "text": "then the first ever prediction market"}, {"start": "00:09:15", "end": "00:09:21", "text": "embedded into a coin. I was intimately"}, {"start": "00:09:19", "end": "00:09:24", "text": "involved in every single discussion"}, {"start": "00:09:21", "end": "00:09:26", "text": "every single step of the way in creating"}, {"start": "00:09:24", "end": "00:09:29", "text": "the tokconomics in creating the way in"}, {"start": "00:09:26", "end": "00:09:31", "text": "which the coin would be presented. And"}, {"start": "00:09:29", "end": "00:09:33", "text": "you know what? At the end of the day,"}, {"start": "00:09:31", "end": "00:09:35", "text": "it's my responsibility. And there was a"}, {"start": "00:09:33", "end": "00:09:38", "text": " up. The up occurred in the"}, {"start": "00:09:35", "end": "00:09:41", "text": "first 30 seconds of launching the coin"}, {"start": "00:09:38", "end": "00:09:44", "text": "in which the market maker, for some"}, {"start": "00:09:41", "end": "00:09:47", "text": "unknown goddamn reason, only put in"}, {"start": "00:09:44", "end": "00:09:51", "text": "$5,000 in of liquidity. And the demand"}, {"start": "00:09:47", "end": "00:09:55", "text": "was through the roof. And what happened"}, {"start": "00:09:51", "end": "00:09:58", "text": "was is that the coin went up to $2.39"}, {"start": "00:09:55", "end": "00:10:01", "text": "and then it went to $316"}, {"start": "00:09:58", "end": "00:10:03", "text": "a token. $316 billion market cap, larger"}, {"start": "00:10:01", "end": "00:10:06", "text": "than the market cap of goddamn"}, {"start": "00:10:03", "end": "00:10:08", "text": "Black Rockck. And they got it under"}, {"start": "00:10:06", "end": "00:10:10", "text": "control, but not before the damage was"}, {"start": "00:10:08", "end": "00:10:12", "text": "done in terms of making it look like not"}, {"start": "00:10:10", "end": "00:10:15", "text": "just a Christmas tree, it looked like"}, {"start": "00:10:12", "end": "00:10:19", "text": "Mount Everest. I am in this to the end"}, {"start": "00:10:15", "end": "00:10:21", "text": "100%. And I promise you is that we're"}, {"start": "00:10:19", "end": "00:10:23", "text": "going to make it right and we're working"}, {"start": "00:10:21", "end": "00:10:26", "text": "our asses off to make certain that we"}, {"start": "00:10:23", "end": "00:10:28", "text": "can do that. So stay tuned for more"}, {"start": "00:10:26", "end": "00:10:30", "text": "information. But I just want everybody"}, {"start": "00:10:28", "end": "00:10:32", "text": "to know this isn't some bullshiting"}, {"start": "00:10:30", "end": "00:10:34", "text": "celebrity token where I get on on"}, {"start": "00:10:32", "end": "00:10:35", "text": "Twitter and say, \"Oh, I didn't know"}, {"start": "00:10:34", "end": "00:10:38", "text": "about this.\" And you know, I'm really"}, {"start": "00:10:35", "end": "00:10:39", "text": "sorry. This is I'm It's my"}, {"start": "00:10:38", "end": "00:10:42", "text": "responsibility,"}, {"start": "00:10:39", "end": "00:10:44", "text": "but I promise you we are going to make"}, {"start": "00:10:42", "end": "00:10:46", "text": "it right and we're doing everything that"}, {"start": "00:10:44", "end": "00:10:47", "text": "we can to get more liquidity and volume"}, {"start": "00:10:46", "end": "00:10:50", "text": "into the market."}, {"start": "00:10:47", "end": "00:10:54", "text": ">> Crypto traders, it is not too late to"}, {"start": "00:10:50", "end": "00:10:58", "text": "win your share of a $100,000"}, {"start": "00:10:54", "end": "00:11:02", "text": "USDT prize pool. Register with our link"}, {"start": "00:10:58", "end": "00:11:05", "text": "to become eligible for this. It's on the"}, {"start": "00:11:02", "end": "00:11:08", "text": "exchange WEX. You can join at any time,"}, {"start": "00:11:05", "end": "00:11:11", "text": "but over the next 30 days, everybody is"}, {"start": "00:11:08", "end": "00:11:15", "text": "competing against AI who can trade the"}, {"start": "00:11:11", "end": "00:11:18", "text": "best and how much of the $100,000 USD"}, {"start": "00:11:15", "end": "00:11:20", "text": "can you get? There's also 70,000 up for"}, {"start": "00:11:18", "end": "00:11:24", "text": "new users, another 300,000 up for"}, {"start": "00:11:20", "end": "00:11:27", "text": "completing different tasks and 30,000"}, {"start": "00:11:24", "end": "00:11:30", "text": "for elite performers. So, a lot of ways"}, {"start": "00:11:27", "end": "00:11:33", "text": "to win trading on WEX. Use our link"}, {"start": "00:11:30", "end": "00:11:37", "text": "below to take full advantage of all"}, {"start": "00:11:33", "end": "00:11:37", "text": "promotions now and going forward."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Does does the token come with all of the"}, {"start": "00:00:03", "end": "00:00:07", "text": "um"}, {"start": "00:00:05", "end": "00:00:09", "text": "voting rights and everything else that's"}, {"start": "00:00:07", "end": "00:00:12", "text": "associated dividends and the like with"}, {"start": "00:00:09", "end": "00:00:15", "text": "with owning the actual stock?"}, {"start": "00:00:12", "end": "00:00:19", "text": ">> It it it comes with dividends. Um"}, {"start": "00:00:15", "end": "00:00:22", "text": ">> wow. Robin Hood CEO Vlad Tenev caught"}, {"start": "00:00:19", "end": "00:00:25", "text": "physically squirming as he's forced to"}, {"start": "00:00:22", "end": "00:00:29", "text": "defend crypto, defend tokenization on"}, {"start": "00:00:25", "end": "00:00:32", "text": "CNBC. uh there is stock purchase backing"}, {"start": "00:00:29", "end": "00:00:35", "text": "these sto these tokens. Um"}, {"start": "00:00:32", "end": "00:00:37", "text": ">> tokenization is when real world assets"}, {"start": "00:00:35", "end": "00:00:39", "text": "even financial assets like stocks are"}, {"start": "00:00:37", "end": "00:00:42", "text": "brought on the blockchain. We're seeing"}, {"start": "00:00:39", "end": "00:00:44", "text": "tokenization explode on Solana"}, {"start": "00:00:42", "end": "00:00:46", "text": "tokenization"}, {"start": "00:00:44", "end": "00:00:48", "text": "explode on Ando Finance. I mean"}, {"start": "00:00:46", "end": "00:00:51", "text": "literally look at the data. And of"}, {"start": "00:00:48", "end": "00:00:53", "text": "course, tokenization explode on the"}, {"start": "00:00:51", "end": "00:00:55", "text": "Ethereum ecosystem, specifically on the"}, {"start": "00:00:53", "end": "00:00:58", "text": "Robin Hood chain, which is an Ethereum"}, {"start": "00:00:55", "end": "00:01:01", "text": "layer 2. And to be fair, it's both sides"}, {"start": "00:00:58", "end": "00:01:03", "text": "squirming. The establishment squirming"}, {"start": "00:01:01", "end": "00:01:07", "text": "over permissionlessness never gets old."}, {"start": "00:01:03", "end": "00:01:10", "text": "And all this in response to the CEO of"}, {"start": "00:01:07", "end": "00:01:13", "text": "AMC, Adam Aaron, saying to Robin Hood,"}, {"start": "00:01:10", "end": "00:01:14", "text": "\"Do not tokenize our stocks.\""}, {"start": "00:01:13", "end": "00:01:17", "text": ">> Adam Aaron, I mean, do we need to have"}, {"start": "00:01:14", "end": "00:01:18", "text": "like a a brawl at Yahoo HQ? You want to"}, {"start": "00:01:17", "end": "00:01:18", "text": "get this guy in the ring? What's going"}, {"start": "00:01:18", "end": "00:01:20", "text": "on here?"}, {"start": "00:01:18", "end": "00:01:22", "text": ">> I wouldn't do that to him."}, {"start": "00:01:20", "end": "00:01:25", "text": ">> They are not registered under US"}, {"start": "00:01:22", "end": "00:01:27", "text": "securities laws if tokenized. I find"}, {"start": "00:01:25", "end": "00:01:29", "text": "this practice tokenization to be"}, {"start": "00:01:27", "end": "00:01:32", "text": "contemptable, outrageous, disgusting,"}, {"start": "00:01:29", "end": "00:01:34", "text": "detestable, inexcusable, vile. How can"}, {"start": "00:01:32", "end": "00:01:36", "text": "this possibly be legal?"}, {"start": "00:01:34", "end": "00:01:37", "text": ">> I've known Adam for a good bit. To say"}, {"start": "00:01:36", "end": "00:01:39", "text": "that what you're doing is vile. I mean,"}, {"start": "00:01:37", "end": "00:01:40", "text": "these are strong words and he's an"}, {"start": "00:01:39", "end": "00:01:41", "text": "experienced executive and he used to be"}, {"start": "00:01:40", "end": "00:01:45", "text": "a hotel executive."}, {"start": "00:01:41", "end": "00:01:47", "text": ">> In this 4-minute clip, Vlad is forced to"}, {"start": "00:01:45", "end": "00:01:48", "text": "defend crypto and tokenization. watch,"}, {"start": "00:01:47", "end": "00:01:50", "text": "then I'll respond."}, {"start": "00:01:48", "end": "00:01:52", "text": ">> I I kind of hear what you're saying, but"}, {"start": "00:01:50", "end": "00:01:54", "text": "I understand Adam Aronson's frustration"}, {"start": "00:01:52", "end": "00:01:56", "text": "with this. He's trying to build"}, {"start": "00:01:54", "end": "00:01:59", "text": "something. He's trying to continue to"}, {"start": "00:01:56", "end": "00:02:00", "text": "build something, and you know, he wants"}, {"start": "00:01:59", "end": "00:02:03", "text": "investors who are interested and believe"}, {"start": "00:02:00", "end": "00:02:06", "text": "in his product to come to him, not to go"}, {"start": "00:02:03", "end": "00:02:08", "text": "through you. He thinks if they go to you"}, {"start": "00:02:06", "end": "00:02:10", "text": "instead of going to him, his stock price"}, {"start": "00:02:08", "end": "00:02:12", "text": "is not going to do as well. He points"}, {"start": "00:02:10", "end": "00:02:14", "text": "out validly that if they're going to you"}, {"start": "00:02:12", "end": "00:02:15", "text": "instead of him, they don't get a chance"}, {"start": "00:02:14", "end": "00:02:18", "text": "to vote as a shareholder. I can"}, {"start": "00:02:15", "end": "00:02:21", "text": "understand why a CEO would be frustrated"}, {"start": "00:02:18", "end": "00:02:22", "text": "and upset about that. Um, what makes you"}, {"start": "00:02:21", "end": "00:02:24", "text": "think that other CEOs aren't going to"}, {"start": "00:02:22", "end": "00:02:25", "text": "think the same thing? Hey, if they're"}, {"start": "00:02:24", "end": "00:02:27", "text": "interested in buying shares of my"}, {"start": "00:02:25", "end": "00:02:30", "text": "company, they should buy it from me, not"}, {"start": "00:02:27", "end": "00:02:33", "text": "buy something that you've modeled to to"}, {"start": "00:02:30", "end": "00:02:35", "text": "transfer off of it through you. That"}, {"start": "00:02:33", "end": "00:02:36", "text": "that may in turn hurt my stock price"}, {"start": "00:02:35", "end": "00:02:38", "text": "because I'm not getting all the people"}, {"start": "00:02:36", "end": "00:02:39", "text": "who are interested in buying my stock"}, {"start": "00:02:38", "end": "00:02:41", "text": "buying it."}, {"start": "00:02:39", "end": "00:02:45", "text": ">> I mean, I I think that there there's two"}, {"start": "00:02:41", "end": "00:02:49", "text": "things there. Number one, these are"}, {"start": "00:02:45", "end": "00:02:53", "text": "products available outside the US in 120"}, {"start": "00:02:49", "end": "00:02:56", "text": "plus countries. And in a lot of those"}, {"start": "00:02:53", "end": "00:02:58", "text": "places, uh, people don't have easy"}, {"start": "00:02:56", "end": "00:03:00", "text": "access to US equities. There's no"}, {"start": "00:02:58", "end": "00:03:02", "text": "underlying brokerage infrastructure."}, {"start": "00:03:00", "end": "00:03:05", "text": "There's no Robin Hood where you can go"}, {"start": "00:03:02", "end": "00:03:07", "text": "on your app and and buy shares. So we"}, {"start": "00:03:05", "end": "00:03:09", "text": "think a lot of this is actually net new"}, {"start": "00:03:07", "end": "00:03:11", "text": "business and the opportunity for these"}, {"start": "00:03:09", "end": "00:03:13", "text": "companies to access a whole new"}, {"start": "00:03:11", "end": "00:03:15", "text": ">> business for you. What's Adam Arson get"}, {"start": "00:03:13", "end": "00:03:18", "text": "from it?"}, {"start": "00:03:15", "end": "00:03:19", "text": ">> Well, he gets access to a whole new uh"}, {"start": "00:03:18", "end": "00:03:22", "text": "shareholder base, people who have"}, {"start": "00:03:19", "end": "00:03:24", "text": "exposure to his stock. Um"}, {"start": "00:03:22", "end": "00:03:26", "text": ">> and because"}, {"start": "00:03:24", "end": "00:03:30", "text": "the tokens are backed one by one one to"}, {"start": "00:03:26", "end": "00:03:33", "text": "one by underlying shares, uh there is"}, {"start": "00:03:30", "end": "00:03:36", "text": "stock purchase backing these to these"}, {"start": "00:03:33", "end": "00:03:37", "text": "tokens. Um, so I I think that's just a"}, {"start": "00:03:36", "end": "00:03:39", "text": "misconception."}, {"start": "00:03:37", "end": "00:03:42", "text": ">> And for this initial the first part of"}, {"start": "00:03:39", "end": "00:03:46", "text": "this conversation, Vlad absolutely nails"}, {"start": "00:03:42", "end": "00:03:48", "text": "it. This will bring more demand for your"}, {"start": "00:03:46", "end": "00:03:51", "text": "stock. This opens US equities up to"}, {"start": "00:03:48", "end": "00:03:54", "text": "hundreds of new countries globally. This"}, {"start": "00:03:51", "end": "00:03:57", "text": "is better for price of share. In fact,"}, {"start": "00:03:54", "end": "00:04:01", "text": "just looking at the numbers, Adam Aaron"}, {"start": "00:03:57", "end": "00:04:03", "text": "has been CEO since January 4th, 2016."}, {"start": "00:04:01", "end": "00:04:06", "text": "He's made millions of dollars. Yet the"}, {"start": "00:04:03", "end": "00:04:09", "text": "stock is down 99%. The only person"}, {"start": "00:04:06", "end": "00:04:11", "text": "winning right now is Adam. Shareholders"}, {"start": "00:04:09", "end": "00:04:13", "text": "have been nuked. Maybe he could use a"}, {"start": "00:04:11", "end": "00:04:15", "text": "little bit more global demand for US"}, {"start": "00:04:13", "end": "00:04:17", "text": "equities. Either way, CNBC continues"}, {"start": "00:04:15", "end": "00:04:21", "text": "their line of questioning and the"}, {"start": "00:04:17", "end": "00:04:22", "text": "conversation gets a little bit more"}, {"start": "00:04:21", "end": "00:04:24", "text": "squirmy. Watch"}, {"start": "00:04:22", "end": "00:04:26", "text": ">> obviously. Just glad, just so I"}, {"start": "00:04:24", "end": "00:04:29", "text": "understand, because it's one to one,"}, {"start": "00:04:26", "end": "00:04:31", "text": "does does the token come with all of the"}, {"start": "00:04:29", "end": "00:04:33", "text": ">> um"}, {"start": "00:04:31", "end": "00:04:35", "text": ">> voting rights and everything else that's"}, {"start": "00:04:33", "end": "00:04:39", "text": "associated, dividends and the like with"}, {"start": "00:04:35", "end": "00:04:42", "text": "with owning the actual stock?"}, {"start": "00:04:39", "end": "00:04:45", "text": ">> It it it comes with dividends. Um voting"}, {"start": "00:04:42", "end": "00:04:48", "text": "rights, not in this case, because it is"}, {"start": "00:04:45", "end": "00:04:50", "text": "a debt security and the shares are held"}, {"start": "00:04:48", "end": "00:04:55", "text": "as collateral. But again, that's not"}, {"start": "00:04:50", "end": "00:04:57", "text": "dissimilar to how an ADR or an ETF would"}, {"start": "00:04:55", "end": "00:05:00", "text": "function, right? If you have an ETF and"}, {"start": "00:04:57", "end": "00:05:03", "text": "you get exposure to an underlying,"}, {"start": "00:05:00", "end": "00:05:03", "text": "you're not voting uh in in each"}, {"start": "00:05:03", "end": "00:05:07", "text": "underlying."}, {"start": "00:05:03", "end": "00:05:08", "text": ">> Can Larry Fank vote my my my stuff? Uh I"}, {"start": "00:05:07", "end": "00:05:10", "text": "want to put him in charge, Vlad. I"}, {"start": "00:05:08", "end": "00:05:12", "text": "really like his politics. And just to be"}, {"start": "00:05:10", "end": "00:05:14", "text": "clear on what exactly each party was"}, {"start": "00:05:12", "end": "00:05:17", "text": "saying, and I loved the response from"}, {"start": "00:05:14", "end": "00:05:20", "text": "Vlad on this question, um Andrew Sorcin"}, {"start": "00:05:17", "end": "00:05:22", "text": "was saying, \"Hey, okay, fine. Price"}, {"start": "00:05:20", "end": "00:05:24", "text": "exposure is the same because it's"}, {"start": "00:05:22", "end": "00:05:26", "text": "actually backed one to one. I get that."}, {"start": "00:05:24", "end": "00:05:28", "text": "But do they get voting rights?\" And the"}, {"start": "00:05:26", "end": "00:05:31", "text": "answer is no. Just like if your bunch of"}, {"start": "00:05:28", "end": "00:05:33", "text": "stocks were in an ETF that was put"}, {"start": "00:05:31", "end": "00:05:34", "text": "together by Black Rockck, if you buy"}, {"start": "00:05:33", "end": "00:05:36", "text": "into an ETF, you don't get the voting"}, {"start": "00:05:34", "end": "00:05:38", "text": "rights for those stocks either, but you"}, {"start": "00:05:36", "end": "00:05:40", "text": "get the price exposure and the"}, {"start": "00:05:38", "end": "00:05:42", "text": "understanding and and confidence they're"}, {"start": "00:05:40", "end": "00:05:44", "text": "backed one to one. So, this is nothing"}, {"start": "00:05:42", "end": "00:05:45", "text": "new. Now, Joe asks sort of a funny"}, {"start": "00:05:44", "end": "00:05:48", "text": "question. Well, does that mean that like"}, {"start": "00:05:45", "end": "00:05:50", "text": "if Black Rockck has control of an ETF,"}, {"start": "00:05:48", "end": "00:05:52", "text": "they get to vote? Does that mean you are"}, {"start": "00:05:50", "end": "00:05:54", "text": "now going to get to vote for everybody"}, {"start": "00:05:52", "end": "00:05:56", "text": "that buys a tokenized stock through"}, {"start": "00:05:54", "end": "00:05:58", "text": "Robin Chain? That's a really good"}, {"start": "00:05:56", "end": "00:06:01", "text": "question. What's the response?"}, {"start": "00:05:58", "end": "00:06:02", "text": ">> Can Larry Frink vote my my my stuff? Uh"}, {"start": "00:06:01", "end": "00:06:04", "text": "I I want to put him in charge, Vlad. I"}, {"start": "00:06:02", "end": "00:06:06", "text": "really like his politics. Is that"}, {"start": "00:06:04", "end": "00:06:06", "text": "possible?"}, {"start": "00:06:06", "end": "00:06:08", "text": ">> Can I"}, {"start": "00:06:06", "end": "00:06:11", "text": ">> We can look into that, Joe."}, {"start": "00:06:08", "end": "00:06:13", "text": ">> Yeah. Thanks. Uh Vlad, can you vote the"}, {"start": "00:06:11", "end": "00:06:16", "text": "shares?"}, {"start": "00:06:13", "end": "00:06:18", "text": "Um me personally, I mean I uh"}, {"start": "00:06:16", "end": "00:06:20", "text": ">> No, I'm saying well is Robin Hood going"}, {"start": "00:06:18", "end": "00:06:22", "text": "to be voting the share in the same way"}, {"start": "00:06:20", "end": "00:06:25", "text": "that Joe's unhappy that that Larry's"}, {"start": "00:06:22", "end": "00:06:28", "text": "voting shares though it's his firm. Is"}, {"start": "00:06:25", "end": "00:06:31", "text": "Robin Hood voting those shares?"}, {"start": "00:06:28", "end": "00:06:33", "text": ">> Um I I think that we haven't really"}, {"start": "00:06:31", "end": "00:06:37", "text": "announced plans for for the voting"}, {"start": "00:06:33", "end": "00:06:40", "text": "aspect of of that. Um"}, {"start": "00:06:37", "end": "00:06:43", "text": "so I mean we we can we'll certainly"}, {"start": "00:06:40", "end": "00:06:46", "text": "share more if we have it but okay again"}, {"start": "00:06:43", "end": "00:06:49", "text": "there is established uh there is"}, {"start": "00:06:46", "end": "00:06:52", "text": "established precedent for"}, {"start": "00:06:49", "end": "00:06:54", "text": "uh creating these types of products and"}, {"start": "00:06:52", "end": "00:06:56", "text": "you know they they give exposure to"}, {"start": "00:06:54", "end": "00:06:59", "text": "these assets to people all over the"}, {"start": "00:06:56", "end": "00:07:02", "text": "world. So I do think this is the future."}, {"start": "00:06:59", "end": "00:07:04", "text": "The entire financial industry is headed"}, {"start": "00:07:02", "end": "00:07:07", "text": "in this direction. Oh,"}, {"start": "00:07:04", "end": "00:07:10", "text": ">> the US is is also working on innovation"}, {"start": "00:07:07", "end": "00:07:13", "text": "exemptions to allow for for tokenized"}, {"start": "00:07:10", "end": "00:07:17", "text": "securities out here. And it'll take time"}, {"start": "00:07:13", "end": "00:07:20", "text": "to educate the issuers, the market, but"}, {"start": "00:07:17", "end": "00:07:22", "text": "uh we we already see the benefits and"}, {"start": "00:07:20", "end": "00:07:24", "text": "and I think it's a little bit ironic in"}, {"start": "00:07:22", "end": "00:07:27", "text": "this case because one of the benefits of"}, {"start": "00:07:24", "end": "00:07:29", "text": "tokenization is that you have instant"}, {"start": "00:07:27", "end": "00:07:32", "text": "settlement. So"}, {"start": "00:07:29", "end": "00:07:36", "text": ">> actually the underlying reasons behind"}, {"start": "00:07:32", "end": "00:07:38", "text": "uh the GameStop and AMC uh issues in"}, {"start": "00:07:36", "end": "00:07:41", "text": "2021"}, {"start": "00:07:38", "end": "00:07:42", "text": "would largely be resolved with with this"}, {"start": "00:07:41", "end": "00:07:42", "text": "new infrastructure."}, {"start": "00:07:42", "end": "00:07:45", "text": ">> Okay,"}, {"start": "00:07:42", "end": "00:07:48", "text": ">> understand that the pioneers are the"}, {"start": "00:07:45", "end": "00:07:49", "text": "ones that get the arrows. Vlad is"}, {"start": "00:07:48", "end": "00:07:53", "text": "pushing the frontier. It's not for"}, {"start": "00:07:49", "end": "00:07:55", "text": "everyone, but tokenization is 100%"}, {"start": "00:07:53", "end": "00:07:58", "text": "happening because it's just a better"}, {"start": "00:07:55", "end": "00:08:01", "text": "technology. You can trade stocks 24/7 or"}, {"start": "00:07:58", "end": "00:08:04", "text": "245 instead of just 9 to4 9 to5 like"}, {"start": "00:08:01", "end": "00:08:06", "text": "now. You get access to stocks globally."}, {"start": "00:08:04", "end": "00:08:09", "text": "It's a better technology and you also"}, {"start": "00:08:06", "end": "00:08:11", "text": "have instant finality. You don't have to"}, {"start": "00:08:09", "end": "00:08:14", "text": "wait 2 days or over a weekend to settle"}, {"start": "00:08:11", "end": "00:08:16", "text": "a trade. And how you can benefit, how"}, {"start": "00:08:14", "end": "00:08:18", "text": "you can take advantage is understand"}, {"start": "00:08:16", "end": "00:08:20", "text": "that the vast majority of tokenization"}, {"start": "00:08:18", "end": "00:08:23", "text": "over these next 5 10 years is happening"}, {"start": "00:08:20", "end": "00:08:24", "text": "on Ethereum, is happening on Solana."}, {"start": "00:08:23", "end": "00:08:26", "text": "They're sort of like the Coke and the"}, {"start": "00:08:24", "end": "00:08:29", "text": "Pepsi. and then happening on a few"}, {"start": "00:08:26", "end": "00:08:31", "text": "emerging chains. Maybe this is the Dr."}, {"start": "00:08:29", "end": "00:08:33", "text": "Pepper, the Sprite, like Anando. Altcoin"}, {"start": "00:08:31", "end": "00:08:35", "text": "Daily keeps you updated on the crypto"}, {"start": "00:08:33", "end": "00:08:36", "text": "market with one video a day. So, make"}, {"start": "00:08:35", "end": "00:08:38", "text": "sure you subscribe. It's completely"}, {"start": "00:08:36", "end": "00:08:41", "text": "free. It costs you nothing. And you can"}, {"start": "00:08:38", "end": "00:08:43", "text": "be the crypto expert in your friend"}, {"start": "00:08:41", "end": "00:08:45", "text": "group just by watching one video per"}, {"start": "00:08:43", "end": "00:08:48", "text": "day. And understand this that one year"}, {"start": "00:08:45", "end": "00:08:52", "text": "ago, crypto really had one narrative,"}, {"start": "00:08:48", "end": "00:08:54", "text": "ETF flows. Now, there are at least five."}, {"start": "00:08:52", "end": "00:08:57", "text": "a basement trade which is good for BTC"}, {"start": "00:08:54", "end": "00:09:00", "text": "privacy good for things like Zcash"}, {"start": "00:08:57", "end": "00:09:03", "text": "tokenization good for Ethereum Solana"}, {"start": "00:09:00", "end": "00:09:06", "text": "Link Hood Circle and others"}, {"start": "00:09:03", "end": "00:09:07", "text": "uh real revenue on the blockchain"}, {"start": "00:09:06", "end": "00:09:09", "text": "companies with real revenue which are"}, {"start": "00:09:07", "end": "00:09:11", "text": "like hype and pump and unis swap and"}, {"start": "00:09:09", "end": "00:09:14", "text": "then also the meme coins bringing back"}, {"start": "00:09:11", "end": "00:09:15", "text": "attention to this market it is very"}, {"start": "00:09:14", "end": "00:09:18", "text": "clear that not that there won't be nasty"}, {"start": "00:09:15", "end": "00:09:20", "text": "dips but crypto is headed in one"}, {"start": "00:09:18", "end": "00:09:21", "text": "direction for any traders out there make"}, {"start": "00:09:20", "end": "00:09:22", "text": "sure you take advantage of the"}, {"start": "00:09:21", "end": "00:09:25", "text": "opportunity"}, {"start": "00:09:22", "end": "00:09:28", "text": "WEX just announced AI trade wars 2 and"}, {"start": "00:09:25", "end": "00:09:30", "text": "honestly no other exchange has ever"}, {"start": "00:09:28", "end": "00:09:32", "text": "tried something like this. So you can"}, {"start": "00:09:30", "end": "00:09:35", "text": "join team AI or team human and"}, {"start": "00:09:32", "end": "00:09:38", "text": "understand it's humans with AI trading"}, {"start": "00:09:35", "end": "00:09:39", "text": "bots against humans. It's not AI trading"}, {"start": "00:09:38", "end": "00:09:41", "text": "bots going crazy by themselves. If you"}, {"start": "00:09:39", "end": "00:09:44", "text": "have a trading bot, you can join a team"}, {"start": "00:09:41", "end": "00:09:47", "text": "and trade together and earn real"}, {"start": "00:09:44", "end": "00:09:49", "text": "benefits, real gifts or or a lot of"}, {"start": "00:09:47", "end": "00:09:51", "text": "money uh just for trading. Or if you"}, {"start": "00:09:49", "end": "00:09:53", "text": "don't use AI, you're just team human."}, {"start": "00:09:51", "end": "00:09:55", "text": "you're a good trader. Join team human"}, {"start": "00:09:53", "end": "00:09:57", "text": "and I am personally taking advantage."}, {"start": "00:09:55", "end": "00:09:59", "text": "You can see us right on the website."}, {"start": "00:09:57", "end": "00:10:01", "text": "Featured Kos's altcoin daily. We're"}, {"start": "00:09:59", "end": "00:10:03", "text": "going to get a big team together. All"}, {"start": "00:10:01", "end": "00:10:06", "text": "you have to do is either click join now"}, {"start": "00:10:03", "end": "00:10:08", "text": "or immediately click team join team"}, {"start": "00:10:06", "end": "00:10:10", "text": "human or join team AI. And either way,"}, {"start": "00:10:08", "end": "00:10:12", "text": "might as well make money for the trading"}, {"start": "00:10:10", "end": "00:10:15", "text": "you're going to do anyway. So, link down"}, {"start": "00:10:12", "end": "00:10:17", "text": "below. The winners share 70% of this."}, {"start": "00:10:15", "end": "00:10:19", "text": "The losers still get 30% of this. So"}, {"start": "00:10:17", "end": "00:10:21", "text": "either way, win or lose, team human,"}, {"start": "00:10:19", "end": "00:10:22", "text": "team AI, take advantage of the"}, {"start": "00:10:21", "end": "00:10:24", "text": "opportunities. And for those of you who"}, {"start": "00:10:22", "end": "00:10:26", "text": "made it this far in today's video,"}, {"start": "00:10:24", "end": "00:10:28", "text": "comment down below, team human or team"}, {"start": "00:10:26", "end": "00:10:32", "text": "AI. Let's see where the community"}, {"start": "00:10:28", "end": "00:10:32", "text": "stands. Like always, see you tomorrow."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "We're starting to see parts of the"}, {"start": "00:00:01", "end": "00:00:04", "text": "market that we haven't seen active in"}, {"start": "00:00:03", "end": "00:00:05", "text": "quite some time really start to"}, {"start": "00:00:04", "end": "00:00:08", "text": "accelerate."}, {"start": "00:00:05", "end": "00:00:10", "text": ">> Robinhood chain has been the hottest"}, {"start": "00:00:08", "end": "00:00:13", "text": "chain in the crypto space."}, {"start": "00:00:10", "end": "00:00:15", "text": ">> XRP has been chosen by the majority of"}, {"start": "00:00:13", "end": "00:00:17", "text": "globalist banks and institutions and"}, {"start": "00:00:15", "end": "00:00:19", "text": "governments to be the main mode of"}, {"start": "00:00:17", "end": "00:00:20", "text": "exchange. So, it's not hard to pick it"}, {"start": "00:00:19", "end": "00:00:24", "text": "as the winner."}, {"start": "00:00:20", "end": "00:00:28", "text": ">> All hell is breaking loose in crypto"}, {"start": "00:00:24", "end": "00:00:30", "text": "today. My name is Aaron. This is Altcoin"}, {"start": "00:00:28", "end": "00:00:33", "text": "Daily. We are the number one most"}, {"start": "00:00:30", "end": "00:00:35", "text": "watched crypto news and media channel in"}, {"start": "00:00:33", "end": "00:00:39", "text": "the US and around the world. You heard"}, {"start": "00:00:35", "end": "00:00:43", "text": "it from us first. The Clarity Act is"}, {"start": "00:00:39", "end": "00:00:46", "text": "dead. On September 15th, it will die on"}, {"start": "00:00:43", "end": "00:00:50", "text": "the Senate floor. Prediction market odds"}, {"start": "00:00:46", "end": "00:00:53", "text": "are sinking and Congress just can't get"}, {"start": "00:00:50", "end": "00:00:56", "text": "it together. Even Republicans at this"}, {"start": "00:00:53", "end": "00:00:59", "text": "point are admitting the Crypto Clarity"}, {"start": "00:00:56", "end": "00:01:01", "text": "Act is likely to fail in the Senate vote"}, {"start": "00:00:59", "end": "00:01:05", "text": "next week. Either way, mark your"}, {"start": "00:01:01", "end": "00:01:08", "text": "calendars. Now, in just six days, the"}, {"start": "00:01:05", "end": "00:01:11", "text": "vote takes place where we will know for"}, {"start": "00:01:08", "end": "00:01:14", "text": "certain yay or nay. Can the largest"}, {"start": "00:01:11", "end": "00:01:18", "text": "piece of bipartisan crypto legislation"}, {"start": "00:01:14", "end": "00:01:21", "text": "in America pass the Senate or will it"}, {"start": "00:01:18", "end": "00:01:25", "text": "die in six days in the Senate and"}, {"start": "00:01:21", "end": "00:01:28", "text": "probably not return for years? I do"}, {"start": "00:01:25", "end": "00:01:31", "text": "appreciate that those in power are still"}, {"start": "00:01:28", "end": "00:01:33", "text": "trying everything they can to rally the"}, {"start": "00:01:31", "end": "00:01:36", "text": "troops. Guys, smash the like button if"}, {"start": "00:01:33", "end": "00:01:39", "text": "you appreciate Scott Bessent, the"}, {"start": "00:01:36", "end": "00:01:42", "text": "Treasury Secretary, sending a bold"}, {"start": "00:01:39", "end": "00:01:44", "text": "message to Congress today. He writes,"}, {"start": "00:01:42", "end": "00:01:47", "text": "\"In July, I called on the Senate to"}, {"start": "00:01:44", "end": "00:01:49", "text": "advance the Clarity Act, a bill to"}, {"start": "00:01:47", "end": "00:01:52", "text": "establish a comprehensive regulatory"}, {"start": "00:01:49", "end": "00:01:55", "text": "framework for digital assets and upgrade"}, {"start": "00:01:52", "end": "00:01:58", "text": "our ability to prevent bad actors from"}, {"start": "00:01:55", "end": "00:02:01", "text": "exploiting these critical technologies."}, {"start": "00:01:58", "end": "00:02:05", "text": "When the Senate returns from August"}, {"start": "00:02:01", "end": "00:02:09", "text": "recess, I strongly urge everyone to"}, {"start": "00:02:05", "end": "00:02:12", "text": "remain at the negotiating table, agree"}, {"start": "00:02:09", "end": "00:02:15", "text": "to the motion to proceed, and continue"}, {"start": "00:02:12", "end": "00:02:18", "text": "the legislative process. Failing to do"}, {"start": "00:02:15", "end": "00:02:21", "text": "so would send a troubling signal to our"}, {"start": "00:02:18", "end": "00:02:23", "text": "allies and adversaries alike that"}, {"start": "00:02:21", "end": "00:02:26", "text": "America is unwilling to lead on the"}, {"start": "00:02:23", "end": "00:02:29", "text": "future of digital assets and willing to"}, {"start": "00:02:26", "end": "00:02:32", "text": "forego enhanced national security tools"}, {"start": "00:02:29", "end": "00:02:36", "text": "to combat their misuse. Don't get me"}, {"start": "00:02:32", "end": "00:02:39", "text": "wrong on this. There is, of course,"}, {"start": "00:02:36", "end": "00:02:43", "text": "still a chance this passes. Still, I"}, {"start": "00:02:39", "end": "00:02:46", "text": "think it is unlikely. However, despite"}, {"start": "00:02:43", "end": "00:02:49", "text": "this setback, the tokenization movement"}, {"start": "00:02:46", "end": "00:02:51", "text": "on Wall Street shows us that there is"}, {"start": "00:02:49", "end": "00:02:55", "text": "still a bright light at the end of this"}, {"start": "00:02:51", "end": "00:02:59", "text": "dark tunnel, and that crypto is still"}, {"start": "00:02:55", "end": "00:03:02", "text": "the future. Robinhood CEO Vlad Tenev"}, {"start": "00:02:59", "end": "00:03:05", "text": "here tries desperately to convince CNBC"}, {"start": "00:03:02", "end": "00:03:08", "text": "that there is still good reason to be"}, {"start": "00:03:05", "end": "00:03:10", "text": "bullish on crypto and tokenization. He"}, {"start": "00:03:08", "end": "00:03:12", "text": "says, \"Just look at what's happening"}, {"start": "00:03:10", "end": "00:03:14", "text": "with us. Robinhood chain has been the"}, {"start": "00:03:12", "end": "00:03:16", "text": "hottest chain in crypto since it"}, {"start": "00:03:14", "end": "00:03:19", "text": "launched just a couple months ago. The"}, {"start": "00:03:16", "end": "00:03:22", "text": "volume has been growing week over week,"}, {"start": "00:03:19", "end": "00:03:24", "text": "and a big part of that is the power of"}, {"start": "00:03:22", "end": "00:03:28", "text": "stock tokens, the power of tokenization,"}, {"start": "00:03:24", "end": "00:03:31", "text": "and their composability in DeFi, and all"}, {"start": "00:03:28", "end": "00:03:34", "text": "sorts of other crypto-native products.\""}, {"start": "00:03:31", "end": "00:03:37", "text": "He's literally spelling out here what"}, {"start": "00:03:34", "end": "00:03:38", "text": "the future holds for TradFi and DeFi"}, {"start": "00:03:37", "end": "00:03:41", "text": "converging."}, {"start": "00:03:38", "end": "00:03:43", "text": ">> You are tokenizing certain stocks."}, {"start": "00:03:41", "end": "00:03:45", "text": ">> But explain why you think this is a a"}, {"start": "00:03:43", "end": "00:03:47", "text": "good idea, a good thing."}, {"start": "00:03:45", "end": "00:03:49", "text": ">> Robinhood, we feel very strongly that"}, {"start": "00:03:47", "end": "00:03:53", "text": "ownership of high-quality financial"}, {"start": "00:03:49", "end": "00:03:55", "text": "assets is incredibly important, and we"}, {"start": "00:03:53", "end": "00:03:57", "text": "want to make that as easy as possible."}, {"start": "00:03:55", "end": "00:04:00", "text": "And there's really no higher quality"}, {"start": "00:03:57", "end": "00:04:04", "text": "assets out there than US equities. And"}, {"start": "00:04:00", "end": "00:04:07", "text": "what tokenization does is it allows us"}, {"start": "00:04:04", "end": "00:04:09", "text": "to distribute access to"}, {"start": "00:04:07", "end": "00:04:11", "text": "uh US stocks"}, {"start": "00:04:09", "end": "00:04:14", "text": "globally. So, through Robinhood chain"}, {"start": "00:04:11", "end": "00:04:17", "text": "and stock tokens, individuals in over"}, {"start": "00:04:14", "end": "00:04:20", "text": "120 countries around the world. And a"}, {"start": "00:04:17", "end": "00:04:22", "text": "lot of these countries don't have"}, {"start": "00:04:20", "end": "00:04:24", "text": "high-quality brokerage rails. They don't"}, {"start": "00:04:22", "end": "00:04:27", "text": "even have um"}, {"start": "00:04:24", "end": "00:04:29", "text": "highly functional financial systems. So,"}, {"start": "00:04:27", "end": "00:04:32", "text": "this is really their only option to get"}, {"start": "00:04:29", "end": "00:04:36", "text": "access to high-quality US assets."}, {"start": "00:04:32", "end": "00:04:39", "text": "Um I think that a lot of people just"}, {"start": "00:04:36", "end": "00:04:42", "text": "don't understand how this works. This is"}, {"start": "00:04:39", "end": "00:04:44", "text": "a new thing. It's a new technology. Uh"}, {"start": "00:04:42", "end": "00:04:46", "text": "they might be getting questions from IR"}, {"start": "00:04:44", "end": "00:04:47", "text": "teams or shareholders."}, {"start": "00:04:46", "end": "00:04:51", "text": "Um"}, {"start": "00:04:47", "end": "00:04:54", "text": "but it's not entirely without precedent."}, {"start": "00:04:51", "end": "00:04:55", "text": "Um and I think one thing just to clarify"}, {"start": "00:04:54", "end": "00:04:56", "text": "is"}, {"start": "00:04:55", "end": "00:04:59", "text": "uh"}, {"start": "00:04:56", "end": "00:05:03", "text": "these shares are one-to-one backed uh by"}, {"start": "00:04:59", "end": "00:05:06", "text": "by underlying at the issuer. So, uh they"}, {"start": "00:05:03", "end": "00:05:08", "text": "do give economic exposure and it is"}, {"start": "00:05:06", "end": "00:05:11", "text": "one-to-one backed. And we we've been"}, {"start": "00:05:08", "end": "00:05:13", "text": "iterating on the structure since we"}, {"start": "00:05:11", "end": "00:05:16", "text": "launched our classic stock tokens in"}, {"start": "00:05:13", "end": "00:05:19", "text": "Europe a little bit over a year ago."}, {"start": "00:05:16", "end": "00:05:22", "text": "And we've seen it resonate quite"}, {"start": "00:05:19", "end": "00:05:23", "text": "strongly. Robinhood chain and stock"}, {"start": "00:05:22", "end": "00:05:26", "text": "tokens powering it"}, {"start": "00:05:23", "end": "00:05:28", "text": "has been uh the hottest chain in the"}, {"start": "00:05:26", "end": "00:05:30", "text": "crypto space Right. since it launched"}, {"start": "00:05:28", "end": "00:05:32", "text": "over the past couple of weeks."}, {"start": "00:05:30", "end": "00:05:35", "text": "Uh the volumes have just been growing"}, {"start": "00:05:32", "end": "00:05:38", "text": "and and a big part of that is the power"}, {"start": "00:05:35", "end": "00:05:40", "text": "of stock tokens and their composability"}, {"start": "00:05:38", "end": "00:05:42", "text": "in DeFi with uh"}, {"start": "00:05:40", "end": "00:05:42", "text": "all sorts of other crypto-native"}, {"start": "00:05:42", "end": "00:05:44", "text": "products."}, {"start": "00:05:42", "end": "00:05:47", "text": ">> And they are putting their money where"}, {"start": "00:05:44", "end": "00:05:50", "text": "their mouth is. This is big. Robinhood"}, {"start": "00:05:47", "end": "00:05:52", "text": "announces plans to take a minority stake"}, {"start": "00:05:50", "end": "00:05:56", "text": "in crypto.com."}, {"start": "00:05:52", "end": "00:05:59", "text": "Like we can see TradFi adopting crypto"}, {"start": "00:05:56", "end": "00:06:02", "text": "in real time. I told you there would be"}, {"start": "00:05:59", "end": "00:06:05", "text": "headlines like this 6 months, 1 year"}, {"start": "00:06:02", "end": "00:06:06", "text": "after the stablecoin bill passed."}, {"start": "00:06:05", "end": "00:06:08", "text": "There's going to be headlines like this"}, {"start": "00:06:06", "end": "00:06:12", "text": "directly talking about Ethereum and"}, {"start": "00:06:08", "end": "00:06:13", "text": "Solana and Bitcoin if and when the"}, {"start": "00:06:12", "end": "00:06:16", "text": "Clarity Act passes because this is the"}, {"start": "00:06:13", "end": "00:06:19", "text": "way things are going. Oh my god, US"}, {"start": "00:06:16", "end": "00:06:23", "text": "Bank, the fifth largest bank in America,"}, {"start": "00:06:19", "end": "00:06:26", "text": "just launched their own stablecoin on"}, {"start": "00:06:23", "end": "00:06:30", "text": "Stellar. Stellar blockchain. Solana"}, {"start": "00:06:26", "end": "00:06:34", "text": "hitting on-chain all-time highs almost"}, {"start": "00:06:30", "end": "00:06:37", "text": "every day. Just in, Solana real-world"}, {"start": "00:06:34", "end": "00:06:41", "text": "asset holders crossed 400,000 for the"}, {"start": "00:06:37", "end": "00:06:44", "text": "first time, up from under 10K in January"}, {"start": "00:06:41", "end": "00:06:46", "text": "of 2025. Alex Jones, who correctly"}, {"start": "00:06:44", "end": "00:06:50", "text": "predicted the 9/11 and the COVID"}, {"start": "00:06:46", "end": "00:06:54", "text": "pandemic, says he has inside information"}, {"start": "00:06:50", "end": "00:06:57", "text": "on XRP that the globalist banks and"}, {"start": "00:06:54", "end": "00:07:00", "text": "institutions have chosen XRP almost"}, {"start": "00:06:57", "end": "00:07:03", "text": "exclusively. And well, in this 1 minute"}, {"start": "00:07:00", "end": "00:07:07", "text": "and 22 second clip, he explains what he"}, {"start": "00:07:03", "end": "00:07:10", "text": "knows and why he's so bullish on XRP. Do"}, {"start": "00:07:07", "end": "00:07:14", "text": "you think what he says here is true?"}, {"start": "00:07:10", "end": "00:07:16", "text": ">> XRP has been chosen by the majority of"}, {"start": "00:07:14", "end": "00:07:18", "text": "globalist banks and institutions and"}, {"start": "00:07:16", "end": "00:07:20", "text": "governments to be the main mode of"}, {"start": "00:07:18", "end": "00:07:22", "text": "exchange. So, it's not hard to pick it"}, {"start": "00:07:20", "end": "00:07:23", "text": "as the winner. You get profit taking on"}, {"start": "00:07:22", "end": "00:07:24", "text": "Bitcoin and things and every time it"}, {"start": "00:07:23", "end": "00:07:26", "text": "happens they're like, \"Oh, it's over."}, {"start": "00:07:24", "end": "00:07:27", "text": "It's done. It was a scam from the"}, {"start": "00:07:26", "end": "00:07:29", "text": "beginning.\""}, {"start": "00:07:27", "end": "00:07:31", "text": "Well, it might be a scam for total"}, {"start": "00:07:29", "end": "00:07:33", "text": "global control down the road, but it's"}, {"start": "00:07:31", "end": "00:07:35", "text": "not a scam that it's going to end up"}, {"start": "00:07:33", "end": "00:07:37", "text": "being right at the center"}, {"start": "00:07:35", "end": "00:07:41", "text": "of the new central bank digital currency"}, {"start": "00:07:37", "end": "00:07:43", "text": "systems. And XRP has been chosen by the"}, {"start": "00:07:41", "end": "00:07:45", "text": "majority of globalist banks and"}, {"start": "00:07:43", "end": "00:07:47", "text": "institutions and governments to be the"}, {"start": "00:07:45", "end": "00:07:49", "text": "main mode of exchange. So, it's not hard"}, {"start": "00:07:47", "end": "00:07:51", "text": "to pick it as the winner."}, {"start": "00:07:49", "end": "00:07:54", "text": "And so, all this global instability and"}, {"start": "00:07:51", "end": "00:07:56", "text": "inflation exploding and and oil and gas"}, {"start": "00:07:54", "end": "00:07:58", "text": "going up in price,"}, {"start": "00:07:56", "end": "00:08:00", "text": "it wasn't a hard bet to say that that is"}, {"start": "00:07:58", "end": "00:08:02", "text": "going to then push people into alternate"}, {"start": "00:08:00", "end": "00:08:04", "text": "currencies,"}, {"start": "00:08:02", "end": "00:08:05", "text": "especially not not [clears throat] not"}, {"start": "00:08:04", "end": "00:08:07", "text": "just our government, but other"}, {"start": "00:08:05", "end": "00:08:09", "text": "governments like the Russians, the"}, {"start": "00:08:07", "end": "00:08:10", "text": "Chinese,"}, {"start": "00:08:09", "end": "00:08:12", "text": "the Iranians, the North Koreans, and"}, {"start": "00:08:10", "end": "00:08:14", "text": "others. And so, let let's put a graph"}, {"start": "00:08:12", "end": "00:08:16", "text": "up. You guys put articles up about XRP"}, {"start": "00:08:14", "end": "00:08:18", "text": "exploding. We just type in XRP on the"}, {"start": "00:08:16", "end": "00:08:19", "text": "front of Google and just show them that"}, {"start": "00:08:18", "end": "00:08:21", "text": "graph the last few weeks and now it's"}, {"start": "00:08:19", "end": "00:08:24", "text": "just like straight up."}, {"start": "00:08:21", "end": "00:08:28", "text": ">> And beyond that, we are in a mini"}, {"start": "00:08:24", "end": "00:08:31", "text": "altcoin season now. Neoclassic Capital"}, {"start": "00:08:28", "end": "00:08:34", "text": "Managing Partner, Michael Buscello,"}, {"start": "00:08:31", "end": "00:08:37", "text": "explains that Bitcoin's strength is"}, {"start": "00:08:34", "end": "00:08:39", "text": "real. There's real spot buying, but"}, {"start": "00:08:37", "end": "00:08:41", "text": "there's a lot of leverage in altcoins"}, {"start": "00:08:39", "end": "00:08:43", "text": "right now, and it's causing animal"}, {"start": "00:08:41", "end": "00:08:45", "text": "spirits in alts. He names Ethereum,"}, {"start": "00:08:43", "end": "00:08:47", "text": "Hyperliquid, Robinhood Chain, Lyra,"}, {"start": "00:08:45", "end": "00:08:50", "text": "Uniswap, Morpheus, Ponds, Zcash, meme"}, {"start": "00:08:47", "end": "00:08:52", "text": "coins. He says altcoin season is"}, {"start": "00:08:50", "end": "00:08:54", "text": "happening now, but will it continue?"}, {"start": "00:08:52", "end": "00:08:56", "text": ">> The good part about this is we actually"}, {"start": "00:08:54", "end": "00:08:56", "text": "seen spot buying support the move in"}, {"start": "00:08:56", "end": "00:08:59", "text": "Bitcoin."}, {"start": "00:08:56", "end": "00:09:00", "text": ">> And Mike, is it just Bitcoin or can we"}, {"start": "00:08:59", "end": "00:09:02", "text": "feel comfortable a little bit more with"}, {"start": "00:09:00", "end": "00:09:04", "text": "other parts of that cryptosphere as"}, {"start": "00:09:02", "end": "00:09:06", "text": "well?"}, {"start": "00:09:04", "end": "00:09:07", "text": ">> So, I think, you know, Bitcoin strength"}, {"start": "00:09:06", "end": "00:09:10", "text": "wields strength across the board. We've"}, {"start": "00:09:07", "end": "00:09:11", "text": "seen leverage move down the risk stack."}, {"start": "00:09:10", "end": "00:09:13", "text": "Um meaning, you know, we've seen"}, {"start": "00:09:11", "end": "00:09:14", "text": "Ethereum has been a massive"}, {"start": "00:09:13", "end": "00:09:16", "text": "outperformer. You've seen assets like"}, {"start": "00:09:14", "end": "00:09:17", "text": "Hyperliquid uh outperform. You've also"}, {"start": "00:09:16", "end": "00:09:19", "text": "seen a lot of their fundamentals grow"}, {"start": "00:09:17", "end": "00:09:21", "text": "alongside that. Um you're seeing"}, {"start": "00:09:19", "end": "00:09:23", "text": "enormous leverage in anything attached"}, {"start": "00:09:21", "end": "00:09:25", "text": "attached to Robinhood Chain, which has"}, {"start": "00:09:23", "end": "00:09:27", "text": "had uh enormous growth over the course"}, {"start": "00:09:25", "end": "00:09:29", "text": "of the last few weeks. And anything"}, {"start": "00:09:27", "end": "00:09:32", "text": "from, you know, Lyra, which is their"}, {"start": "00:09:29", "end": "00:09:35", "text": "their uh derivative exchange, or perps"}, {"start": "00:09:32", "end": "00:09:36", "text": "uh exchange. You've seen Uniswap um"}, {"start": "00:09:35", "end": "00:09:39", "text": "Morpheus. You've seen a lot of these"}, {"start": "00:09:36", "end": "00:09:40", "text": "names attached to uh Robinhood chain,"}, {"start": "00:09:39", "end": "00:09:43", "text": "which is kind of this like sort of"}, {"start": "00:09:40", "end": "00:09:46", "text": "indication of animal spirits"}, {"start": "00:09:43", "end": "00:09:47", "text": "as ponds, which is a launchpad token"}, {"start": "00:09:46", "end": "00:09:50", "text": "launchpad, is really taking off with"}, {"start": "00:09:47", "end": "00:09:52", "text": "volume of mean coin launches. So, we're"}, {"start": "00:09:50", "end": "00:09:53", "text": "starting to see parts of the market that"}, {"start": "00:09:52", "end": "00:09:56", "text": "we haven't seen active in quite some"}, {"start": "00:09:53", "end": "00:09:57", "text": "time really start to accelerate"}, {"start": "00:09:56", "end": "00:09:59", "text": "for better for worse. Again, Bitcoin"}, {"start": "00:09:57", "end": "00:10:00", "text": "looks relatively strong."}, {"start": "00:09:59", "end": "00:10:01", "text": "The other rest of the market starting to"}, {"start": "00:10:00", "end": "00:10:03", "text": "look a little more risky."}, {"start": "00:10:01", "end": "00:10:07", "text": ">> You can make even more money in crypto"}, {"start": "00:10:03", "end": "00:10:10", "text": "trading. New users can sign up for We X"}, {"start": "00:10:07", "end": "00:10:14", "text": "and unlock $10,000"}, {"start": "00:10:10", "end": "00:10:16", "text": "in rewards. Get $10,000 sent directly to"}, {"start": "00:10:14", "end": "00:10:20", "text": "your We X exchange account if you"}, {"start": "00:10:16", "end": "00:10:23", "text": "complete a series of tasks. You must"}, {"start": "00:10:20", "end": "00:10:26", "text": "register with our We X link below and"}, {"start": "00:10:23", "end": "00:10:29", "text": "for all We X users, this is a big"}, {"start": "00:10:26", "end": "00:10:32", "text": "trading challenge. We X just announced"}, {"start": "00:10:29", "end": "00:10:35", "text": "AI Wars 2 and honestly, no other"}, {"start": "00:10:32", "end": "00:10:39", "text": "exchange has ever tried something like"}, {"start": "00:10:35", "end": "00:10:41", "text": "this. It's AI versus humans. Five rounds"}, {"start": "00:10:39", "end": "00:10:45", "text": "of live trading battles. The first"}, {"start": "00:10:41", "end": "00:10:49", "text": "20,000 to register split a $100,000"}, {"start": "00:10:45", "end": "00:10:52", "text": "prize pool. 40 days, one winner. You can"}, {"start": "00:10:49", "end": "00:10:55", "text": "only register now with our link."}, {"start": "00:10:52", "end": "00:10:58", "text": "Register early with our link. I'll link"}, {"start": "00:10:55", "end": "00:11:01", "text": "this below. I do expect volatility in"}, {"start": "00:10:58", "end": "00:11:05", "text": "the short term. I am bullish in the"}, {"start": "00:11:01", "end": "00:11:08", "text": "mid-term. Bitcoin golden cross"}, {"start": "00:11:05", "end": "00:11:11", "text": "confirmed. So, what happened? Well,"}, {"start": "00:11:08", "end": "00:11:14", "text": "Bitcoin's 50-day moving average has"}, {"start": "00:11:11", "end": "00:11:17", "text": "overtaken the 200-day moving average"}, {"start": "00:11:14", "end": "00:11:21", "text": "marking the first golden cross since"}, {"start": "00:11:17", "end": "00:11:24", "text": "November of 2025. Well, why is this so"}, {"start": "00:11:21", "end": "00:11:26", "text": "bullish? Well, the last three completed"}, {"start": "00:11:24", "end": "00:11:29", "text": "golden crosses, so no fake starts and"}, {"start": "00:11:26", "end": "00:11:33", "text": "maybe consolidation around here, but"}, {"start": "00:11:29", "end": "00:11:36", "text": "after it broke out, Bitcoin saw 50%,"}, {"start": "00:11:33", "end": "00:11:38", "text": "45%, and 60%"}, {"start": "00:11:36", "end": "00:11:41", "text": "gains. So, the market is flipping"}, {"start": "00:11:38", "end": "00:11:42", "text": "bullish. Hey, I think there's a lot of"}, {"start": "00:11:41", "end": "00:11:44", "text": "reason to be bullish on the crypto"}, {"start": "00:11:42", "end": "00:11:47", "text": "market, and we're going to keep you"}, {"start": "00:11:44", "end": "00:11:49", "text": "informed every step of the way. If"}, {"start": "00:11:47", "end": "00:11:51", "text": "you're interested in making money in"}, {"start": "00:11:49", "end": "00:11:53", "text": "crypto, subscribe, watch every day,"}, {"start": "00:11:51", "end": "00:11:56", "text": "follow us on Twitter, and I'll see you"}, {"start": "00:11:53", "end": "00:11:56", "text": "tomorrow, my friends."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Markets look like they absolutely want"}, {"start": "00:00:01", "end": "00:00:05", "text": "to rip. ISM versus financial conditions."}, {"start": "00:00:03", "end": "00:00:07", "text": "Financial conditions leads everything."}, {"start": "00:00:05", "end": "00:00:09", "text": "It is the daddy. And why is it the"}, {"start": "00:00:07", "end": "00:00:11", "text": "daddy? Cuz it's rates and the dollar."}, {"start": "00:00:09", "end": "00:00:13", "text": "And the dollar is the big one here. So,"}, {"start": "00:00:11", "end": "00:00:14", "text": "rates and the dollar here, this is just"}, {"start": "00:00:13", "end": "00:00:17", "text": "three months rates and the dollar is"}, {"start": "00:00:14", "end": "00:00:19", "text": "financial conditions. Um it leads ISM."}, {"start": "00:00:17", "end": "00:00:23", "text": "It leads it by nine months. And it tells"}, {"start": "00:00:19", "end": "00:00:24", "text": "us that ISM, you know, we had that um"}, {"start": "00:00:23", "end": "00:00:26", "text": "this month was down a bit, should go up"}, {"start": "00:00:24", "end": "00:00:29", "text": "a bit, and then it'll probably trade"}, {"start": "00:00:26", "end": "00:00:34", "text": "sideways a little bit into um the first"}, {"start": "00:00:29", "end": "00:00:35", "text": "quarter or two of um 2027, post-midterm"}, {"start": "00:00:34", "end": "00:00:37", "text": "elections. That's the hangover you"}, {"start": "00:00:35", "end": "00:00:39", "text": "usually get from midterm elections. But"}, {"start": "00:00:37", "end": "00:00:41", "text": "like the '90s, I don't expect financial"}, {"start": "00:00:39", "end": "00:00:44", "text": "conditions to tighten dramatically. I"}, {"start": "00:00:41", "end": "00:00:46", "text": "think it's ongoing because of the"}, {"start": "00:00:44", "end": "00:00:48", "text": "biggest capex build-out in all of"}, {"start": "00:00:46", "end": "00:00:49", "text": "history has to be financed along with"}, {"start": "00:00:48", "end": "00:00:51", "text": "the government that has to be financed."}, {"start": "00:00:49", "end": "00:00:54", "text": "So, they have to let the monetary"}, {"start": "00:00:51", "end": "00:00:54", "text": "spigots continue to flow."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "markets look like they absolutely want"}, {"start": "00:00:01", "end": "00:00:04", "text": "to rip."}, {"start": "00:00:02", "end": "00:00:07", "text": ">> We believe this ratio will continue to"}, {"start": "00:00:04", "end": "00:00:10", "text": "move up and go to all-time highs."}, {"start": "00:00:07", "end": "00:00:13", "text": ">> I'd rather have a back alley colonoscopy"}, {"start": "00:00:10", "end": "00:00:14", "text": "than go to another meeting. It is time"}, {"start": "00:00:13", "end": "00:00:16", "text": "to vote."}, {"start": "00:00:14", "end": "00:00:17", "text": ">> It was Vitalic Buterent spending"}, {"start": "00:00:16", "end": "00:00:20", "text": "hundreds of millions of dollars on these"}, {"start": "00:00:17", "end": "00:00:21", "text": "campaigns to make people be afraid of"}, {"start": "00:00:20", "end": "00:00:24", "text": "AI."}, {"start": "00:00:21", "end": "00:00:26", "text": ">> The cryptocurrency market is literally"}, {"start": "00:00:24", "end": "00:00:29", "text": "about to rip. This isn't according to"}, {"start": "00:00:26", "end": "00:00:32", "text": "me. This is according to macro and"}, {"start": "00:00:29", "end": "00:00:35", "text": "investing experts. The Clarity Act is"}, {"start": "00:00:32", "end": "00:00:37", "text": "the secret short-term catalyst that can"}, {"start": "00:00:35", "end": "00:00:40", "text": "really send markets. And this is"}, {"start": "00:00:37", "end": "00:00:42", "text": "literally the last chance. According to"}, {"start": "00:00:40", "end": "00:00:46", "text": "Senator Cynthia Lumis, when I take a"}, {"start": "00:00:42", "end": "00:00:49", "text": "look at both the macro backdrop and the"}, {"start": "00:00:46", "end": "00:00:52", "text": "state of the crypto market today, to me,"}, {"start": "00:00:49", "end": "00:00:55", "text": "this reads like a new bull market. I"}, {"start": "00:00:52", "end": "00:00:58", "text": "have eight plus years of experience in"}, {"start": "00:00:55", "end": "00:01:00", "text": "crypto. I'm going to share everything I"}, {"start": "00:00:58", "end": "00:01:03", "text": "know with you over the next 8 to 10"}, {"start": "00:01:00", "end": "00:01:05", "text": "minutes. If you appreciate us coming at"}, {"start": "00:01:03", "end": "00:01:07", "text": "you every day, smash the like button."}, {"start": "00:01:05", "end": "00:01:09", "text": "Support the content. It's a small thing"}, {"start": "00:01:07", "end": "00:01:13", "text": "you can do, but it truly does help us"}, {"start": "00:01:09", "end": "00:01:17", "text": "grow. And let's start here. In only"}, {"start": "00:01:13", "end": "00:01:21", "text": "about a minute and a half, Arc Invest's"}, {"start": "00:01:17", "end": "00:01:24", "text": "Kathy Wood perfectly explains why Arc"}, {"start": "00:01:21", "end": "00:01:27", "text": "Invest is still so bullish on Bitcoin"}, {"start": "00:01:24", "end": "00:01:30", "text": "September of 2026. And the three big"}, {"start": "00:01:27", "end": "00:01:33", "text": "overarching points of her thesis are as"}, {"start": "00:01:30", "end": "00:01:35", "text": "follows. Number one, Bitcoin versus gold"}, {"start": "00:01:33", "end": "00:01:38", "text": "looks promising. A turn is in. Number"}, {"start": "00:01:35", "end": "00:01:41", "text": "two, Bitcoin is three big revolutions in"}, {"start": "00:01:38", "end": "00:01:44", "text": "one. tech, global monetary, and the"}, {"start": "00:01:41", "end": "00:01:47", "text": "first in a new asset class. And three,"}, {"start": "00:01:44", "end": "00:01:51", "text": "and this is really interesting to me,"}, {"start": "00:01:47", "end": "00:01:54", "text": "Bitcoin is both a riskoff and a risk on"}, {"start": "00:01:51", "end": "00:01:57", "text": "asset. So, in this current environment,"}, {"start": "00:01:54", "end": "00:02:01", "text": "we believe that this ratio will continue"}, {"start": "00:01:57", "end": "00:02:04", "text": "to move up and go to all-time highs. We"}, {"start": "00:02:01", "end": "00:02:06", "text": "think Bitcoin has miles to go. This 1"}, {"start": "00:02:04", "end": "00:02:07", "text": "minute 30 seconds will change your"}, {"start": "00:02:06", "end": "00:02:10", "text": "outlook. Listen,"}, {"start": "00:02:07", "end": "00:02:14", "text": ">> here's Bitcoin to gold. Um, this is uh"}, {"start": "00:02:10", "end": "00:02:16", "text": "promising. Looks like a turn is in."}, {"start": "00:02:14", "end": "00:02:18", "text": "Famous last words. I don't want to be I"}, {"start": "00:02:16", "end": "00:02:20", "text": "I don't want to be the famous last words"}, {"start": "00:02:18", "end": "00:02:22", "text": "here, but it does look uh like a little"}, {"start": "00:02:20", "end": "00:02:24", "text": "bit of a breakthrough here. And you know"}, {"start": "00:02:22", "end": "00:02:26", "text": "what's interesting, and you can see it"}, {"start": "00:02:24", "end": "00:02:29", "text": "here, the correlation between Bitcoin"}, {"start": "00:02:26", "end": "00:02:32", "text": "and gold there is very low, very low by"}, {"start": "00:02:29", "end": "00:02:35", "text": "historical standards. Um, and so to see"}, {"start": "00:02:32", "end": "00:02:38", "text": "Bitcoin uh starting to break out"}, {"start": "00:02:35", "end": "00:02:40", "text": "relative to gold is very re reassuring"}, {"start": "00:02:38", "end": "00:02:43", "text": "from our point of view. You know, we're"}, {"start": "00:02:40", "end": "00:02:48", "text": "big bulls on Bitcoin. It's a technology"}, {"start": "00:02:43", "end": "00:02:51", "text": "revolution. It's uh a new global"}, {"start": "00:02:48", "end": "00:02:54", "text": "monetary system and it's the first of"}, {"start": "00:02:51", "end": "00:02:56", "text": "its kind in a new asset class. So, we"}, {"start": "00:02:54", "end": "00:02:58", "text": "think it has miles to go because of"}, {"start": "00:02:56", "end": "00:03:02", "text": "those uh three revolutions. And if we're"}, {"start": "00:02:58", "end": "00:03:04", "text": "right on on inflation,"}, {"start": "00:03:02", "end": "00:03:07", "text": "the pressure should be on gold will be"}, {"start": "00:03:04", "end": "00:03:11", "text": "to the downside. I will say we've been"}, {"start": "00:03:07", "end": "00:03:13", "text": "thinking carefully about uh Bitcoin and"}, {"start": "00:03:11", "end": "00:03:17", "text": "gold and the insurance policies that"}, {"start": "00:03:13", "end": "00:03:20", "text": "both do provide because we think this"}, {"start": "00:03:17", "end": "00:03:24", "text": "technology revolution is going to put a"}, {"start": "00:03:20", "end": "00:03:26", "text": "lot of companies in harm's way and we"}, {"start": "00:03:24", "end": "00:03:30", "text": "think there will be counterparty risk if"}, {"start": "00:03:26", "end": "00:03:33", "text": "enough companies uh get into trouble."}, {"start": "00:03:30", "end": "00:03:36", "text": "this idea of okay, where's the"}, {"start": "00:03:33", "end": "00:03:38", "text": "counterparty risk in the economy that"}, {"start": "00:03:36", "end": "00:03:42", "text": "might acrue to the benefit of both"}, {"start": "00:03:38", "end": "00:03:45", "text": "Bitcoin and gold? And so we we shall"}, {"start": "00:03:42", "end": "00:03:47", "text": "see. We think Bitcoin is both a riskoff"}, {"start": "00:03:45", "end": "00:03:50", "text": "and a risk on asset."}, {"start": "00:03:47", "end": "00:03:53", "text": ">> Everything changed for crypto back in"}, {"start": "00:03:50", "end": "00:03:56", "text": "2024 when the Bitcoin ETF was approved."}, {"start": "00:03:53", "end": "00:03:58", "text": "Wall Street and institutions have been"}, {"start": "00:03:56", "end": "00:04:01", "text": "building out the plumbing and"}, {"start": "00:03:58", "end": "00:04:03", "text": "infrastructure ever since. Not preparing"}, {"start": "00:04:01", "end": "00:04:06", "text": "for this year or last year, preparing"}, {"start": "00:04:03", "end": "00:04:08", "text": "for the next 10 years. Smash the like"}, {"start": "00:04:06", "end": "00:04:10", "text": "button if you're getting value today,"}, {"start": "00:04:08", "end": "00:04:13", "text": "and make sure you're following us on X."}, {"start": "00:04:10", "end": "00:04:15", "text": "Earlier, I tweeted, \"Bitcoin is daddy,"}, {"start": "00:04:13", "end": "00:04:18", "text": "Ethereum is mommy.\" Sure, altcoins can"}, {"start": "00:04:15", "end": "00:04:20", "text": "rip harder, of course, but none of it"}, {"start": "00:04:18", "end": "00:04:24", "text": "lasts without Bitcoin and Ethereum"}, {"start": "00:04:20", "end": "00:04:27", "text": "showing strength. A sustained cryptobull"}, {"start": "00:04:24", "end": "00:04:29", "text": "market starts with the big two. I do"}, {"start": "00:04:27", "end": "00:04:31", "text": "believe that we are entering a bull"}, {"start": "00:04:29", "end": "00:04:34", "text": "market and it is very likely the low is"}, {"start": "00:04:31", "end": "00:04:37", "text": "in. We formed one hell of a launch pad"}, {"start": "00:04:34", "end": "00:04:39", "text": "here. Now we're forming another leg up."}, {"start": "00:04:37", "end": "00:04:41", "text": "I believe at a certain point this is"}, {"start": "00:04:39", "end": "00:04:43", "text": "going to break higher. And there are"}, {"start": "00:04:41", "end": "00:04:45", "text": "many catalysts in the future that"}, {"start": "00:04:43", "end": "00:04:48", "text": "continue to make me bullish on this"}, {"start": "00:04:45", "end": "00:04:52", "text": "space. Big news. Ethereum will let users"}, {"start": "00:04:48", "end": "00:04:55", "text": "pay transaction fees with stable coins"}, {"start": "00:04:52", "end": "00:04:58", "text": "instead of Ethereum in 2027."}, {"start": "00:04:55", "end": "00:05:00", "text": "This is huge. Now, you might think, \"Oh,"}, {"start": "00:04:58", "end": "00:05:03", "text": "we're not using ETH for ETH transactions"}, {"start": "00:05:00", "end": "00:05:06", "text": "anymore. Isn't that bearish cuz ETH will"}, {"start": "00:05:03", "end": "00:05:08", "text": "get used less?\" No, I think that's"}, {"start": "00:05:06", "end": "00:05:10", "text": "bullish because if you look into it,"}, {"start": "00:05:08", "end": "00:05:14", "text": "this is just going to make ease of use"}, {"start": "00:05:10", "end": "00:05:15", "text": "for Ethereum users a lot more easy."}, {"start": "00:05:14", "end": "00:05:19", "text": "Because as you know, if you're using"}, {"start": "00:05:15", "end": "00:05:21", "text": "stable coins or any ETH token, you"}, {"start": "00:05:19", "end": "00:05:24", "text": "cannot use your wallet unless you have"}, {"start": "00:05:21", "end": "00:05:26", "text": "ETH in your wallet already, extra ETH to"}, {"start": "00:05:24", "end": "00:05:28", "text": "pay for gas fees. And a lot of people"}, {"start": "00:05:26", "end": "00:05:30", "text": "are coming into crypto nowadays setting"}, {"start": "00:05:28", "end": "00:05:31", "text": "up an ETH wallet and they really just"}, {"start": "00:05:30", "end": "00:05:35", "text": "want stable coin or maybe you know"}, {"start": "00:05:31", "end": "00:05:37", "text": "another token. So under this proposal, a"}, {"start": "00:05:35", "end": "00:05:40", "text": "payment app for example could cover the"}, {"start": "00:05:37", "end": "00:05:43", "text": "fee itself or take the stable coins from"}, {"start": "00:05:40", "end": "00:05:45", "text": "the user and settle the ETH bill on your"}, {"start": "00:05:43", "end": "00:05:48", "text": "behalf. And this is important here."}, {"start": "00:05:45", "end": "00:05:51", "text": "Ethereum still gets paid in Ether and"}, {"start": "00:05:48", "end": "00:05:53", "text": "the user never has to buy any. So"}, {"start": "00:05:51", "end": "00:05:56", "text": "Ethereum is still getting used under the"}, {"start": "00:05:53", "end": "00:05:58", "text": "hood for this. Really interesting to see"}, {"start": "00:05:56", "end": "00:06:02", "text": "all the tech developments in the crypto"}, {"start": "00:05:58", "end": "00:06:06", "text": "space. really interesting to hear this"}, {"start": "00:06:02", "end": "00:06:08", "text": "bombshell news from former White House"}, {"start": "00:06:06", "end": "00:06:10", "text": "AI and cryptos are David Saxs."}, {"start": "00:06:08", "end": "00:06:12", "text": "Obviously, we understand he's bullish on"}, {"start": "00:06:10", "end": "00:06:16", "text": "AI, understands AI. He's bullish on"}, {"start": "00:06:12", "end": "00:06:19", "text": "crypto, understands crypto. But here, he"}, {"start": "00:06:16", "end": "00:06:22", "text": "directly calls out Ethereum co-founder"}, {"start": "00:06:19", "end": "00:06:26", "text": "Vitalic Buterine, claiming that he is"}, {"start": "00:06:22", "end": "00:06:29", "text": "among a handful of billionaires funding"}, {"start": "00:06:26", "end": "00:06:31", "text": "the AI doomer movement targeting AI and"}, {"start": "00:06:29", "end": "00:06:33", "text": "data centers. They've been spending"}, {"start": "00:06:31", "end": "00:06:37", "text": "hundreds of millions of dollars on these"}, {"start": "00:06:33", "end": "00:06:38", "text": "campaigns to make people afraid of AI. I"}, {"start": "00:06:37", "end": "00:06:41", "text": "don't think this will have any direct"}, {"start": "00:06:38", "end": "00:06:44", "text": "effect on Ethereum whatsoever. But it's"}, {"start": "00:06:41", "end": "00:06:46", "text": "interesting how crypto and crypto"}, {"start": "00:06:44", "end": "00:06:50", "text": "founders have been, you know, getting so"}, {"start": "00:06:46", "end": "00:06:53", "text": "big now 16 years into crypto's history"}, {"start": "00:06:50", "end": "00:06:55", "text": "that, you know, if Vitalic doesn't like"}, {"start": "00:06:53", "end": "00:06:58", "text": "AI for some reason, he can put money"}, {"start": "00:06:55", "end": "00:06:59", "text": "behind it and kind of start to influence"}, {"start": "00:06:58", "end": "00:07:00", "text": "things. Interesting."}, {"start": "00:06:59", "end": "00:07:01", "text": ">> Just on the the influence op here,"}, {"start": "00:07:00", "end": "00:07:03", "text": "clearly there have been a lot of"}, {"start": "00:07:01", "end": "00:07:05", "text": "influence ops around data centers and"}, {"start": "00:07:03", "end": "00:07:08", "text": "there's a lot of fake information about"}, {"start": "00:07:05", "end": "00:07:11", "text": "this. So there's a few different I'd say"}, {"start": "00:07:08", "end": "00:07:15", "text": "cadres here. There's the there's CCP,"}, {"start": "00:07:11", "end": "00:07:18", "text": "there's the DSA type wing of the"}, {"start": "00:07:15", "end": "00:07:20", "text": "Democrat party, which frankly I mean"}, {"start": "00:07:18", "end": "00:07:22", "text": "both they and the CCP, they're communist"}, {"start": "00:07:20", "end": "00:07:24", "text": "parties who want to sabotage America. So"}, {"start": "00:07:22", "end": "00:07:26", "text": "it kind of makes sense. Then you've kind"}, {"start": "00:07:24", "end": "00:07:28", "text": "of got the doomer groups. And there's um"}, {"start": "00:07:26", "end": "00:07:30", "text": "a writer named Nerret Weisslat who"}, {"start": "00:07:28", "end": "00:07:33", "text": "writes a blog called AI Panic who a"}, {"start": "00:07:30", "end": "00:07:35", "text": "couple of years ago traced that there"}, {"start": "00:07:33", "end": "00:07:38", "text": "were hundreds of these astroturf doomer"}, {"start": "00:07:35", "end": "00:07:41", "text": "groups that were basically funded by"}, {"start": "00:07:38", "end": "00:07:44", "text": "three EA billionaires in Silicon Valley."}, {"start": "00:07:41", "end": "00:07:46", "text": "It was Dustin Moscavus, Yan Talon, and"}, {"start": "00:07:44", "end": "00:07:48", "text": "Vitalic Buterine. Remember Vitalic gave"}, {"start": "00:07:46", "end": "00:07:51", "text": "$600 million of of dog coins to Future"}, {"start": "00:07:48", "end": "00:07:52", "text": "of Life Foundation. And then they've"}, {"start": "00:07:51", "end": "00:07:54", "text": "been spending hundreds of millions of"}, {"start": "00:07:52", "end": "00:07:57", "text": "dollars on these campaigns to make"}, {"start": "00:07:54", "end": "00:07:59", "text": "people be afraid of AI and they see data"}, {"start": "00:07:57", "end": "00:08:02", "text": "centers as a good target. So you really"}, {"start": "00:07:59", "end": "00:08:03", "text": "can't underestimate how much of a"}, {"start": "00:08:02", "end": "00:08:06", "text": "difference, you know, a billion dollars"}, {"start": "00:08:03", "end": "00:08:08", "text": "of donations from these EA billionaires,"}, {"start": "00:08:06", "end": "00:08:10", "text": "how much damage that's done in terms of"}, {"start": "00:08:08", "end": "00:08:13", "text": "the public perception of AI. And to to"}, {"start": "00:08:10", "end": "00:08:16", "text": "point earlier, I mean, we are going to"}, {"start": "00:08:13", "end": "00:08:18", "text": "have like probably a hundred new EA"}, {"start": "00:08:16", "end": "00:08:21", "text": "billionaires as a result of the"}, {"start": "00:08:18", "end": "00:08:24", "text": "anthropic IPO. And as those people find"}, {"start": "00:08:21", "end": "00:08:26", "text": "their way into politics, it will be like"}, {"start": "00:08:24", "end": "00:08:30", "text": "George Soros times 100 or a thousand."}, {"start": "00:08:26", "end": "00:08:32", "text": ">> Going to have 20 NOS and 50R people"}, {"start": "00:08:30", "end": "00:08:35", "text": "working for them. It's going to be nuts."}, {"start": "00:08:32", "end": "00:08:38", "text": "And yet, despite that, markets look like"}, {"start": "00:08:35", "end": "00:08:42", "text": "they are absolutely ready to rip. Want"}, {"start": "00:08:38", "end": "00:08:45", "text": "to rip, explains macro expert Raul Paul."}, {"start": "00:08:42", "end": "00:08:48", "text": "Raul explains that speculative positions"}, {"start": "00:08:45", "end": "00:08:52", "text": "in markets right now is flat. Nobody is"}, {"start": "00:08:48", "end": "00:08:56", "text": "long and he thinks that's a setup."}, {"start": "00:08:52", "end": "00:08:59", "text": "Financial conditions lead the ISM by 9"}, {"start": "00:08:56", "end": "00:09:03", "text": "months, he explains. So his view ISM"}, {"start": "00:08:59", "end": "00:09:06", "text": "dips trades sideways into early 2027"}, {"start": "00:09:03", "end": "00:09:08", "text": "post midterms, but no serious tightening"}, {"start": "00:09:06", "end": "00:09:11", "text": "because we're in the biggest capex"}, {"start": "00:09:08", "end": "00:09:14", "text": "buildout in history and the monetary"}, {"start": "00:09:11", "end": "00:09:16", "text": "spots haven't even begun flowing enough"}, {"start": "00:09:14", "end": "00:09:17", "text": "yet. So you know, kind of a bullish"}, {"start": "00:09:16", "end": "00:09:18", "text": "outlook here."}, {"start": "00:09:17", "end": "00:09:21", "text": ">> Markets look like they absolutely want"}, {"start": "00:09:18", "end": "00:09:23", "text": "to rip. ISM versus Financial Conditions."}, {"start": "00:09:21", "end": "00:09:25", "text": "Financial conditions leads everything."}, {"start": "00:09:23", "end": "00:09:27", "text": "It is the daddy. And why is it the"}, {"start": "00:09:25", "end": "00:09:29", "text": "daddy? because it's rates and the dollar"}, {"start": "00:09:27", "end": "00:09:30", "text": "and the dollar is the big one here. So"}, {"start": "00:09:29", "end": "00:09:32", "text": "rates and the dollar here, this is three"}, {"start": "00:09:30", "end": "00:09:35", "text": "months rates and the dollar as financial"}, {"start": "00:09:32", "end": "00:09:38", "text": "conditions. Um it leads ISM. It leads it"}, {"start": "00:09:35", "end": "00:09:41", "text": "by nine months and it tells us that ISM,"}, {"start": "00:09:38", "end": "00:09:43", "text": "you know, we had that um this month was"}, {"start": "00:09:41", "end": "00:09:44", "text": "down a bit, should go up a bit and then"}, {"start": "00:09:43", "end": "00:09:49", "text": "it'll probably trade sideways a little"}, {"start": "00:09:44", "end": "00:09:52", "text": "bit into um the first quarter or two of"}, {"start": "00:09:49", "end": "00:09:53", "text": "um 2027 postmidterm elections. That's"}, {"start": "00:09:52", "end": "00:09:55", "text": "the hangover you usually get from"}, {"start": "00:09:53", "end": "00:09:57", "text": "midterm elections. But like the '9s, I"}, {"start": "00:09:55", "end": "00:09:59", "text": "don't expect financial conditions to"}, {"start": "00:09:57", "end": "00:10:02", "text": "tighten dramatically. I think it's"}, {"start": "00:09:59", "end": "00:10:04", "text": "ongoing because of the biggest capex"}, {"start": "00:10:02", "end": "00:10:06", "text": "buildout in all history has to be"}, {"start": "00:10:04", "end": "00:10:08", "text": "financed along with the government has"}, {"start": "00:10:06", "end": "00:10:09", "text": "to be financed. So they have to let the"}, {"start": "00:10:08", "end": "00:10:12", "text": "monetary spiggots continue to flow."}, {"start": "00:10:09", "end": "00:10:14", "text": ">> And of course the big catalyst that I"}, {"start": "00:10:12", "end": "00:10:17", "text": "don't think markets think is actually"}, {"start": "00:10:14", "end": "00:10:20", "text": "going to happen is the clarity act. And"}, {"start": "00:10:17", "end": "00:10:24", "text": "it might not happen, but it also could"}, {"start": "00:10:20", "end": "00:10:26", "text": "very well happen. last chance to pass"}, {"start": "00:10:24", "end": "00:10:29", "text": "until 2030,"}, {"start": "00:10:26", "end": "00:10:31", "text": "says Senator Cynthia Lumis, who is"}, {"start": "00:10:29", "end": "00:10:34", "text": "encouraging a vote, just like everybody"}, {"start": "00:10:31", "end": "00:10:36", "text": "is encouraging a vote. It It's a risk."}, {"start": "00:10:34", "end": "00:10:39", "text": "Nobody's going to agree on everything,"}, {"start": "00:10:36", "end": "00:10:42", "text": "but let's vote. Let's pass it. She says,"}, {"start": "00:10:39", "end": "00:10:44", "text": "\"Nobody spins a phrase quite like"}, {"start": "00:10:42", "end": "00:10:46", "text": "Senator Kennedy, who agrees, we've"}, {"start": "00:10:44", "end": "00:10:48", "text": "talked about it so much. Nobody's going"}, {"start": "00:10:46", "end": "00:10:51", "text": "to agree on everything. I'd rather have"}, {"start": "00:10:48", "end": "00:10:52", "text": "a back alley colonoscopy than go to"}, {"start": "00:10:51", "end": "00:10:53", "text": "another meeting about this. It's time to"}, {"start": "00:10:52", "end": "00:10:56", "text": "vote."}, {"start": "00:10:53", "end": "00:10:59", "text": ">> I'm prepared to stay here as uh as long"}, {"start": "00:10:56", "end": "00:11:01", "text": "as it would take. I've been to I've been"}, {"start": "00:10:59", "end": "00:11:03", "text": "to a squillion meetings"}, {"start": "00:11:01", "end": "00:11:06", "text": ">> to talk about this stuff that could have"}, {"start": "00:11:03", "end": "00:11:09", "text": "been an email. I'd rather have a back"}, {"start": "00:11:06", "end": "00:11:12", "text": "alley colonoscopy than go to another"}, {"start": "00:11:09", "end": "00:11:14", "text": "meeting. It is time to vote. We're not"}, {"start": "00:11:12", "end": "00:11:17", "text": "going to reach agreement. It's time to"}, {"start": "00:11:14", "end": "00:11:18", "text": "vote. That's why God made votes. That's"}, {"start": "00:11:17", "end": "00:11:21", "text": ">> that's where I am anyway."}, {"start": "00:11:18", "end": "00:11:25", "text": ">> So either way, we are going to know if"}, {"start": "00:11:21", "end": "00:11:27", "text": "the Clarity Act will pass or fail soon."}, {"start": "00:11:25", "end": "00:11:31", "text": "And in other news, I bring this to your"}, {"start": "00:11:27", "end": "00:11:33", "text": "attention not as an endorsement, but"}, {"start": "00:11:31", "end": "00:11:36", "text": "just, you know, this is things you see"}, {"start": "00:11:33", "end": "00:11:39", "text": "in a bull market. Hunter Biden is a"}, {"start": "00:11:36", "end": "00:11:42", "text": "mainstream political celebrity"}, {"start": "00:11:39", "end": "00:11:45", "text": "and this is bringing attention to"}, {"start": "00:11:42", "end": "00:11:49", "text": "crypto. He's launching his own memecoin"}, {"start": "00:11:45", "end": "00:11:51", "text": "called laptop September 9th. We all"}, {"start": "00:11:49", "end": "00:11:54", "text": "remember his laptop scandal."}, {"start": "00:11:51", "end": "00:11:56", "text": ">> Biden's laptop. The laptop Biden's"}, {"start": "00:11:54", "end": "00:11:58", "text": "laptop that the real laptop is the"}, {"start": "00:11:56", "end": "00:12:00", "text": "Hunter Biden laptop. Again, not an"}, {"start": "00:11:58", "end": "00:12:02", "text": "endorsement, but this is getting"}, {"start": "00:12:00", "end": "00:12:04", "text": "reported in the mainstream. According to"}, {"start": "00:12:02", "end": "00:12:06", "text": "the Wall Street Journal, Hunter Biden to"}, {"start": "00:12:04", "end": "00:12:09", "text": "launch a memecoin on Coinbase's base"}, {"start": "00:12:06", "end": "00:12:12", "text": "network. So maybe good for Bass. And the"}, {"start": "00:12:09", "end": "00:12:14", "text": "interesting tokconomics of this launch"}, {"start": "00:12:12", "end": "00:12:16", "text": "are as follows. The supply of the token"}, {"start": "00:12:14", "end": "00:12:20", "text": "is 1 billion with founders including"}, {"start": "00:12:16", "end": "00:12:23", "text": "Biden being allocated 30%. The tokens"}, {"start": "00:12:20", "end": "00:12:26", "text": "will be unsellable for 6 months and vest"}, {"start": "00:12:23", "end": "00:12:28", "text": "for over two years. 20% will be aird"}, {"start": "00:12:26", "end": "00:12:31", "text": "dropped in two rounds to wallets"}, {"start": "00:12:28", "end": "00:12:34", "text": "underwater on the Trump memecoin and to"}, {"start": "00:12:31", "end": "00:12:36", "text": "Biden's Substack subscribers and to a"}, {"start": "00:12:34", "end": "00:12:38", "text": "mailing list run by his friend Andrew"}, {"start": "00:12:36", "end": "00:12:41", "text": "Callahan, a video journalist. The"}, {"start": "00:12:38", "end": "00:12:43", "text": "remaining 30% will be burned based on"}, {"start": "00:12:41", "end": "00:12:46", "text": "specific criteria such as if the"}, {"start": "00:12:43", "end": "00:12:49", "text": "Democrats win the election in 2028, a"}, {"start": "00:12:46", "end": "00:12:53", "text": "new Bitcoin all-time high, or if laptops"}, {"start": "00:12:49", "end": "00:12:54", "text": "market cap overtakes Trump. Again, I"}, {"start": "00:12:53", "end": "00:12:57", "text": "bring this to your attention because"}, {"start": "00:12:54", "end": "00:13:00", "text": "this is kind of a mainstream thing, a"}, {"start": "00:12:57", "end": "00:13:02", "text": "bull market thing, and you know, just"}, {"start": "00:13:00", "end": "00:13:04", "text": "something that you need to be aware of."}, {"start": "00:13:02", "end": "00:13:06", "text": "We're going to have a lot to share with"}, {"start": "00:13:04", "end": "00:13:10", "text": "you this week, so make sure you"}, {"start": "00:13:06", "end": "00:13:11", "text": "subscribe. This is a big week for crypto"}, {"start": "00:13:10", "end": "00:13:14", "text": "and we're going to keep you informed."}, {"start": "00:13:11", "end": "00:13:17", "text": "Make sure you follow us on X as well."}, {"start": "00:13:14", "end": "00:13:20", "text": "We're just about to hit well, we're you"}, {"start": "00:13:17", "end": "00:13:22", "text": "know, right in the middle of 2.5 and 2.6"}, {"start": "00:13:20", "end": "00:13:24", "text": "million subscribers. See you tomorrow,"}, {"start": "00:13:22", "end": "00:13:24", "text": "my friend."}]

[{"start": "00:00:00", "end": "00:00:02", "text": "All"}, {"start": "00:00:00", "end": "00:00:03", "text": "right, everybody. A lot of things to go"}, {"start": "00:00:02", "end": "00:00:05", "text": "over, so let's just jump right into it."}, {"start": "00:00:03", "end": "00:00:06", "text": "So, first of all, the markets themselves"}, {"start": "00:00:05", "end": "00:00:09", "text": "are doing pretty good today. Even though"}, {"start": "00:00:06", "end": "00:00:11", "text": "the S&P 500 is down just a little bit"}, {"start": "00:00:09", "end": "00:00:14", "text": "and we take a look at it. I mean, for"}, {"start": "00:00:11", "end": "00:00:17", "text": "the first day or today, I 0.2% down over"}, {"start": "00:00:14", "end": "00:00:20", "text": "five days. Also down one month, okay, it"}, {"start": "00:00:17", "end": "00:00:22", "text": "got me and six months pretty good. But"}, {"start": "00:00:20", "end": "00:00:24", "text": "again, the market themselves, the"}, {"start": "00:00:22", "end": "00:00:27", "text": "traditional markets is not looking too"}, {"start": "00:00:24", "end": "00:00:28", "text": "hot today. However, our market gel asset"}, {"start": "00:00:27", "end": "00:00:31", "text": "space is looking pretty good. Let me"}, {"start": "00:00:28", "end": "00:00:33", "text": "refresh this just to make sure. Yeah, it"}, {"start": "00:00:31", "end": "00:00:35", "text": "keeps going up. We're almost at 79K for"}, {"start": "00:00:33", "end": "00:00:37", "text": "Bitcoin in 24 hours. That's 2%."}, {"start": "00:00:35", "end": "00:00:38", "text": "Ethereum's up. I think everything is up"}, {"start": "00:00:37", "end": "00:00:41", "text": "across the board in the last 24 hours"}, {"start": "00:00:38", "end": "00:00:44", "text": "except for rain, but looking pretty"}, {"start": "00:00:41", "end": "00:00:45", "text": "good. So, what's happening? What is"}, {"start": "00:00:44", "end": "00:00:46", "text": "leading to this? Well, we're going to"}, {"start": "00:00:45", "end": "00:00:49", "text": "take a look at what's going to happen"}, {"start": "00:00:46", "end": "00:00:50", "text": "with the Clarity Act. Maybe it'll pass,"}, {"start": "00:00:49", "end": "00:00:51", "text": "maybe it won't. I personally don't"}, {"start": "00:00:50", "end": "00:00:52", "text": "believe it's going to pass. I'm going"}, {"start": "00:00:51", "end": "00:00:53", "text": "tell you exactly why. We're going to"}, {"start": "00:00:52", "end": "00:00:55", "text": "take a look at what's going on in the"}, {"start": "00:00:53", "end": "00:00:57", "text": "macro factors, especially what's going"}, {"start": "00:00:55", "end": "00:01:03", "text": "to happen on Tuesday and Wednesday. And"}, {"start": "00:00:57", "end": "00:01:05", "text": "the big thing is what if we just buy in"}, {"start": "00:01:03", "end": "00:01:06", "text": "Q4? What would happen? Especially with"}, {"start": "00:01:05", "end": "00:01:07", "text": "these midterm elections. We're going to"}, {"start": "00:01:06", "end": "00:01:09", "text": "take a look at it. Historically"}, {"start": "00:01:07", "end": "00:01:12", "text": "speaking, it's a really great time to"}, {"start": "00:01:09", "end": "00:01:14", "text": "buy. So this is from Bernsteeen. They"}, {"start": "00:01:12", "end": "00:01:16", "text": "see more Clarity Act progress than"}, {"start": "00:01:14", "end": "00:01:18", "text": "markets expected and say any positive"}, {"start": "00:01:16", "end": "00:01:20", "text": "surprise is definitely not priced in."}, {"start": "00:01:18", "end": "00:01:22", "text": "They may be correct because today is a"}, {"start": "00:01:20", "end": "00:01:24", "text": "nice little pump even though we are"}, {"start": "00:01:22", "end": "00:01:26", "text": "having a negative for the traditional"}, {"start": "00:01:24", "end": "00:01:29", "text": "markets. And this could be why late"}, {"start": "00:01:26", "end": "00:01:31", "text": "Sunday, yesterday, Senate Republicans"}, {"start": "00:01:29", "end": "00:01:33", "text": "released what they described as the"}, {"start": "00:01:31", "end": "00:01:34", "text": "final draft of the Clarity Act. And I"}, {"start": "00:01:33", "end": "00:01:37", "text": "have to give it up to Republicans for"}, {"start": "00:01:34", "end": "00:01:39", "text": "really pushing forward and trying to get"}, {"start": "00:01:37", "end": "00:01:41", "text": "this over the hump. I mean, it's uh not"}, {"start": "00:01:39", "end": "00:01:43", "text": "easy. And they know that if we don't get"}, {"start": "00:01:41", "end": "00:01:47", "text": "this going going here, we're going to"}, {"start": "00:01:43", "end": "00:01:49", "text": "have to wait till 2027, 2028 probably."}, {"start": "00:01:47", "end": "00:01:50", "text": "But again, there's something in the back"}, {"start": "00:01:49", "end": "00:01:53", "text": "pocket they can pull out. We'll talk"}, {"start": "00:01:50", "end": "00:01:57", "text": "about in a second. So they incorporated"}, {"start": "00:01:53", "end": "00:02:00", "text": "126 changes, substantive changes, really"}, {"start": "00:01:57", "end": "00:02:02", "text": "big changes that were were requested by"}, {"start": "00:02:00", "end": "00:02:03", "text": "the Democrats and they bend the knee and"}, {"start": "00:02:02", "end": "00:02:06", "text": "said, \"Sure, we'll reach across the"}, {"start": "00:02:03", "end": "00:02:09", "text": "aisle. No big deal.\" And Donald Trump,"}, {"start": "00:02:06", "end": "00:02:12", "text": "El Presidente agreed to most of a most"}, {"start": "00:02:09", "end": "00:02:15", "text": "of a bipartisan ethics proposal,"}, {"start": "00:02:12", "end": "00:02:18", "text": "including a role for state attorneys"}, {"start": "00:02:15", "end": "00:02:20", "text": "general in enforcing its restrictions."}, {"start": "00:02:18", "end": "00:02:21", "text": "That sounds great. I mean, he got the"}, {"start": "00:02:20", "end": "00:02:22", "text": "he's like, \"Look, you attorney general,"}, {"start": "00:02:21", "end": "00:02:24", "text": "you guys do whatever you want to do."}, {"start": "00:02:22", "end": "00:02:25", "text": "Just, you know, come along for the ride."}, {"start": "00:02:24", "end": "00:02:29", "text": "We're going to be just fine.\" This, of"}, {"start": "00:02:25", "end": "00:02:33", "text": "course, was Sunday. And today, this is"}, {"start": "00:02:29", "end": "00:02:36", "text": "what they got. So, New York Attorney"}, {"start": "00:02:33", "end": "00:02:38", "text": "General Tisha James leads an 18state"}, {"start": "00:02:36", "end": "00:02:40", "text": "letter to Senate opposing the Clarity"}, {"start": "00:02:38", "end": "00:02:43", "text": "Act. This just broke about an hour ago,"}, {"start": "00:02:40", "end": "00:02:45", "text": "and she put this out on today, September"}, {"start": "00:02:43", "end": "00:02:47", "text": "14th, 2026."}, {"start": "00:02:45", "end": "00:02:49", "text": "and she pretty much states like, \"Look,"}, {"start": "00:02:47", "end": "00:02:51", "text": "this bill is going to strip the powers"}, {"start": "00:02:49", "end": "00:02:53", "text": "to prosecute scams. We like to prosecute"}, {"start": "00:02:51", "end": "00:02:55", "text": "scams. We did a lot of these things with"}, {"start": "00:02:53", "end": "00:02:56", "text": "all your exchanges. We're going to do it"}, {"start": "00:02:55", "end": "00:02:58", "text": "again with all the different projects"}, {"start": "00:02:56", "end": "00:03:00", "text": "that are out there.\" And they state the"}, {"start": "00:02:58", "end": "00:03:02", "text": "SEC preemptive override state regulation"}, {"start": "00:03:00", "end": "00:03:04", "text": "rules. And what I'd like you to notice"}, {"start": "00:03:02", "end": "00:03:07", "text": "is that this is co-signed by the"}, {"start": "00:03:04", "end": "00:03:09", "text": "Honorable Elizabeth Warren, the original"}, {"start": "00:03:07", "end": "00:03:11", "text": "cryptocarin. And uh she is not going to"}, {"start": "00:03:09", "end": "00:03:14", "text": "let this go and she is not going to let"}, {"start": "00:03:11", "end": "00:03:16", "text": "this pass. And that is I think where"}, {"start": "00:03:14", "end": "00:03:17", "text": "we're at for the attorney general. So El"}, {"start": "00:03:16", "end": "00:03:18", "text": "Presidente can say this is great."}, {"start": "00:03:17", "end": "00:03:20", "text": "Attorney generals are going to be"}, {"start": "00:03:18", "end": "00:03:22", "text": "enforcing these restrictions. Laticia"}, {"start": "00:03:20", "end": "00:03:24", "text": "James is like not so fast. I'm going to"}, {"start": "00:03:22", "end": "00:03:26", "text": "shoot this down now. So Bernstein said"}, {"start": "00:03:24", "end": "00:03:28", "text": "the ethics offer is probably as good as"}, {"start": "00:03:26", "end": "00:03:30", "text": "it gets. I don't think that's uh that's"}, {"start": "00:03:28", "end": "00:03:31", "text": "probably as true for the Republicans,"}, {"start": "00:03:30", "end": "00:03:34", "text": "but I don't know what's going to happen"}, {"start": "00:03:31", "end": "00:03:36", "text": "for the actual bill. Now the Senate is"}, {"start": "00:03:34", "end": "00:03:39", "text": "scheduled to hold its closure vote on"}, {"start": "00:03:36", "end": "00:03:40", "text": "the motion to proceed to the Clarity Act"}, {"start": "00:03:39", "end": "00:03:42", "text": "on Tuesday. That would be tomorrow."}, {"start": "00:03:40", "end": "00:03:44", "text": "Closure needs 60 votes. What's closure"}, {"start": "00:03:42", "end": "00:03:46", "text": "vote? Essentially, what it is is the"}, {"start": "00:03:44", "end": "00:03:48", "text": "shut up vote. It's saying like, look,"}, {"start": "00:03:46", "end": "00:03:50", "text": "let's stop debating. Let's push this."}, {"start": "00:03:48", "end": "00:03:52", "text": "Let's stop pushing the can on the road."}, {"start": "00:03:50", "end": "00:03:53", "text": "You think this, I think this. Let's just"}, {"start": "00:03:52", "end": "00:03:55", "text": "put it up for a vote. You ready? Let's"}, {"start": "00:03:53", "end": "00:03:57", "text": "do this. That's essentially what a"}, {"start": "00:03:55", "end": "00:03:59", "text": "closure vote is going to do. Now, they"}, {"start": "00:03:57", "end": "00:04:00", "text": "do need 60 votes for the closure to go"}, {"start": "00:03:59", "end": "00:04:03", "text": "through, and they need 60 votes of the"}, {"start": "00:04:00", "end": "00:04:05", "text": "supermajority for the clarity act to go"}, {"start": "00:04:03", "end": "00:04:06", "text": "through. Will they get it? Well, I got"}, {"start": "00:04:05", "end": "00:04:09", "text": "to tell you, I don't think the Democrats"}, {"start": "00:04:06", "end": "00:04:11", "text": "really want to give the uh crypto"}, {"start": "00:04:09", "end": "00:04:13", "text": "president of the United States a nice"}, {"start": "00:04:11", "end": "00:04:15", "text": "little victory right before the midterm"}, {"start": "00:04:13", "end": "00:04:17", "text": "elections. Now, I have been wrong many a"}, {"start": "00:04:15", "end": "00:04:20", "text": "time."}, {"start": "00:04:17", "end": "00:04:22", "text": "Excuse me. And on this one, I hope that"}, {"start": "00:04:20", "end": "00:04:25", "text": "I'm wrong, but it's not looking too hot."}, {"start": "00:04:22", "end": "00:04:29", "text": "We'll see where things go. But lastly, a"}, {"start": "00:04:25", "end": "00:04:30", "text": "little glimmer of hope. the SEC and CFTC"}, {"start": "00:04:29", "end": "00:04:32", "text": "and the chair of the CFTC came out,"}, {"start": "00:04:30", "end": "00:04:35", "text": "Michael Celig, and he said that"}, {"start": "00:04:32", "end": "00:04:38", "text": "regulators could end up writing all the"}, {"start": "00:04:35", "end": "00:04:40", "text": "rules if Congress does not pass the"}, {"start": "00:04:38", "end": "00:04:43", "text": "legislation. So, that's good, right?"}, {"start": "00:04:40", "end": "00:04:45", "text": "CFTC SEC works together like, hey,"}, {"start": "00:04:43", "end": "00:04:47", "text": "what's a security? What's a what's a"}, {"start": "00:04:45", "end": "00:04:52", "text": "currency? Uh what is what would be"}, {"start": "00:04:47", "end": "00:04:56", "text": "considered a a cryptocurrency? What is a"}, {"start": "00:04:52", "end": "00:04:58", "text": "this different type of uh of of an"}, {"start": "00:04:56", "end": "00:05:00", "text": "investment? What is all these things?"}, {"start": "00:04:58", "end": "00:05:02", "text": "What are all these things? They can do"}, {"start": "00:05:00", "end": "00:05:03", "text": "that and they can write the rules. The"}, {"start": "00:05:02", "end": "00:05:07", "text": "problem is is that they are the"}, {"start": "00:05:03", "end": "00:05:09", "text": "agencies. If it goes through the Senate,"}, {"start": "00:05:07", "end": "00:05:10", "text": "it is more permanent until the Senate"}, {"start": "00:05:09", "end": "00:05:12", "text": "comes back and they say, you know, we"}, {"start": "00:05:10", "end": "00:05:14", "text": "don't like that bill. We don't like that"}, {"start": "00:05:12", "end": "00:05:16", "text": "law. We want to change it. So, if they"}, {"start": "00:05:14", "end": "00:05:19", "text": "can pass this Clarity Act, it's in the"}, {"start": "00:05:16", "end": "00:05:20", "text": "books for quite some time until they get"}, {"start": "00:05:19", "end": "00:05:21", "text": "a supermajority to overturn it. And"}, {"start": "00:05:20", "end": "00:05:25", "text": "that's going to take a long time if they"}, {"start": "00:05:21", "end": "00:05:28", "text": "do. However, with the SEC and the CFTC,"}, {"start": "00:05:25", "end": "00:05:31", "text": "as soon as the administration is out and"}, {"start": "00:05:28", "end": "00:05:33", "text": "a new SEC chair, new CFDC chair is in,"}, {"start": "00:05:31", "end": "00:05:34", "text": "guess what? They change everything. They"}, {"start": "00:05:33", "end": "00:05:36", "text": "change everything because that's not"}, {"start": "00:05:34", "end": "00:05:38", "text": "what the party wants. This could be good"}, {"start": "00:05:36", "end": "00:05:40", "text": "for the next two years, but it's not"}, {"start": "00:05:38", "end": "00:05:43", "text": "going to be permanent. But maybe it is"}, {"start": "00:05:40", "end": "00:05:45", "text": "all we need because again, if uh we can"}, {"start": "00:05:43", "end": "00:05:47", "text": "get this SEC and CFDC to do it and then"}, {"start": "00:05:45", "end": "00:05:50", "text": "move forward, maybe we can just ride"}, {"start": "00:05:47", "end": "00:05:52", "text": "this out until we get to 2028. Anyhow,"}, {"start": "00:05:50", "end": "00:05:54", "text": "let me know what you think about that in"}, {"start": "00:05:52", "end": "00:05:56", "text": "the comments section. And unfortunately,"}, {"start": "00:05:54", "end": "00:05:59", "text": "there was one more piece I forgot to"}, {"start": "00:05:56", "end": "00:06:00", "text": "talk about, which is uh other"}, {"start": "00:05:59", "end": "00:06:02", "text": "organizations are coming out going"}, {"start": "00:06:00", "end": "00:06:04", "text": "against the Clarity Act. This is from"}, {"start": "00:06:02", "end": "00:06:06", "text": "Ellen Tourett. Indian Gaming Association"}, {"start": "00:06:04", "end": "00:06:08", "text": "chair said the Clarity Act as currently"}, {"start": "00:06:06", "end": "00:06:11", "text": "written would represent the greatest"}, {"start": "00:06:08", "end": "00:06:13", "text": "threat to tribal sovereignty in a"}, {"start": "00:06:11", "end": "00:06:14", "text": "generation. And I believe what they're"}, {"start": "00:06:13", "end": "00:06:16", "text": "talking about is predictive markets."}, {"start": "00:06:14", "end": "00:06:18", "text": "They don't want to actually do this."}, {"start": "00:06:16", "end": "00:06:21", "text": "Brendon Peterson and uh or the Indian"}, {"start": "00:06:18", "end": "00:06:23", "text": "Gaming Association. So again, we've got"}, {"start": "00:06:21", "end": "00:06:26", "text": "other individuals, other organizations"}, {"start": "00:06:23", "end": "00:06:28", "text": "piling up against the Clarity Act. So"}, {"start": "00:06:26", "end": "00:06:30", "text": "this is what is happening as far as"}, {"start": "00:06:28", "end": "00:06:34", "text": "Tuesday. And that's just Tuesday. Now,"}, {"start": "00:06:30", "end": "00:06:37", "text": "Wednesday, the SEC comes out and uh"}, {"start": "00:06:34", "end": "00:06:39", "text": "we'll see what they want to do. But as"}, {"start": "00:06:37", "end": "00:06:40", "text": "of I think on Sunday when me and Jerry"}, {"start": "00:06:39", "end": "00:06:44", "text": "were talking about this, this was around"}, {"start": "00:06:40", "end": "00:06:48", "text": "87%. Right now, a hike rate is looking"}, {"start": "00:06:44", "end": "00:06:49", "text": "at almost 93%. So, I'm pretty sure this"}, {"start": "00:06:48", "end": "00:06:52", "text": "is going to happen. It would be quite"}, {"start": "00:06:49", "end": "00:06:53", "text": "shocking to me if Kevin W comes out and"}, {"start": "00:06:52", "end": "00:06:54", "text": "says, \"You know what? We're keeping"}, {"start": "00:06:53", "end": "00:06:57", "text": "everything the same.\" And there is"}, {"start": "00:06:54", "end": "00:06:59", "text": "actually three meetings this year and"}, {"start": "00:06:57", "end": "00:07:00", "text": "many a bank are saying that there's"}, {"start": "00:06:59", "end": "00:07:02", "text": "going to be three rate hikes. Now, we"}, {"start": "00:07:00", "end": "00:07:04", "text": "took a look at this yesterday about rate"}, {"start": "00:07:02", "end": "00:07:06", "text": "hikes and how it's not the dooms"}, {"start": "00:07:04", "end": "00:07:08", "text": "prophecy that people are talking about,"}, {"start": "00:07:06", "end": "00:07:11", "text": "but just be aware that people will say"}, {"start": "00:07:08", "end": "00:07:12", "text": "it's priced in probably a little bit,"}, {"start": "00:07:11", "end": "00:07:15", "text": "but there's always going to be some"}, {"start": "00:07:12", "end": "00:07:16", "text": "knee-jerk reactions and a pullback. And"}, {"start": "00:07:15", "end": "00:07:19", "text": "the reason why I think there's going to"}, {"start": "00:07:16", "end": "00:07:21", "text": "be more uh rate hikes. It's not just"}, {"start": "00:07:19", "end": "00:07:24", "text": "what we what we took a look at. It has"}, {"start": "00:07:21", "end": "00:07:29", "text": "to do with inflation, more specifically"}, {"start": "00:07:24", "end": "00:07:32", "text": "oil, more specifically gas. This is Amos"}, {"start": "00:07:29", "end": "00:07:34", "text": "Hoching from TWWG Global and he's going"}, {"start": "00:07:32", "end": "00:07:37", "text": "to lay it out for you just how"}, {"start": "00:07:34", "end": "00:07:38", "text": "underpriced oil and gas actually is. And"}, {"start": "00:07:37", "end": "00:07:40", "text": "before we go through this, it's about a"}, {"start": "00:07:38", "end": "00:07:42", "text": "minute and a half. I just want to tell"}, {"start": "00:07:40", "end": "00:07:44", "text": "you that what he says here is 100%"}, {"start": "00:07:42", "end": "00:07:46", "text": "correct. When he talks about the"}, {"start": "00:07:44", "end": "00:07:48", "text": "straight of Hermoose and the Babe, I"}, {"start": "00:07:46", "end": "00:07:50", "text": "think that's how you say it. The Hotis"}, {"start": "00:07:48", "end": "00:07:52", "text": "do have control of that and that just"}, {"start": "00:07:50", "end": "00:07:54", "text": "happened this weekend. The straight of"}, {"start": "00:07:52", "end": "00:07:55", "text": "Hormuse, we know what's going on there."}, {"start": "00:07:54", "end": "00:07:57", "text": "Some people say they have total control,"}, {"start": "00:07:55", "end": "00:07:58", "text": "people say they don't. But I can tell"}, {"start": "00:07:57", "end": "00:07:59", "text": "you that there is a reduction in the"}, {"start": "00:07:58", "end": "00:08:02", "text": "amount of oil that is coming through."}, {"start": "00:07:59", "end": "00:08:04", "text": "And that is a problem because oil stocks"}, {"start": "00:08:02", "end": "00:08:06", "text": "in the US strategic petroleum reserve"}, {"start": "00:08:04", "end": "00:08:08", "text": "have fallen by 1.2 million barrels to"}, {"start": "00:08:06", "end": "00:08:10", "text": "the lowest level since 1982. So whatever"}, {"start": "00:08:08", "end": "00:08:12", "text": "is really is going on here in these"}, {"start": "00:08:10", "end": "00:08:13", "text": "areas, there is a shortage. And when"}, {"start": "00:08:12", "end": "00:08:15", "text": "there's a shortage, that means that the"}, {"start": "00:08:13", "end": "00:08:17", "text": "price of oil goes up. When the price of"}, {"start": "00:08:15", "end": "00:08:20", "text": "oil goes up, guess what? Diesel goes up"}, {"start": "00:08:17", "end": "00:08:21", "text": "and it's almost at its all-time high on"}, {"start": "00:08:20", "end": "00:08:23", "text": "top of the gasoline that's coming in"}, {"start": "00:08:21", "end": "00:08:24", "text": "there. And because of those factors that"}, {"start": "00:08:23", "end": "00:08:26", "text": "are happening, you're going to see the"}, {"start": "00:08:24", "end": "00:08:29", "text": "price of goods and services go up. So,"}, {"start": "00:08:26", "end": "00:08:30", "text": "just take a listen to uh Amos. He'll"}, {"start": "00:08:29", "end": "00:08:32", "text": "tell you."}, {"start": "00:08:30", "end": "00:08:34", "text": ">> Well, I came on your show exactly a"}, {"start": "00:08:32", "end": "00:08:37", "text": "month ago on on August 13 when oil"}, {"start": "00:08:34", "end": "00:08:40", "text": "prices were at 80 $81. And I said that"}, {"start": "00:08:37", "end": "00:08:43", "text": "the market was treating inventories"}, {"start": "00:08:40", "end": "00:08:45", "text": "and supplies from things like the SPR as"}, {"start": "00:08:43", "end": "00:08:48", "text": "though that was normal production. And"}, {"start": "00:08:45", "end": "00:08:49", "text": "the market just forgot to do math. uh"}, {"start": "00:08:48", "end": "00:08:51", "text": "they were listening to headlines out of"}, {"start": "00:08:49", "end": "00:08:53", "text": "Washington for President Trump saying"}, {"start": "00:08:51", "end": "00:08:56", "text": "everything's fine and not counting the"}, {"start": "00:08:53", "end": "00:08:58", "text": "barrels and not looking at the actual"}, {"start": "00:08:56", "end": "00:09:00", "text": "physical market and they got punished"}, {"start": "00:08:58", "end": "00:09:04", "text": "for it. And the market I think today's"}, {"start": "00:09:00", "end": "00:09:07", "text": "oil price at 107 brand 103 WTI is still"}, {"start": "00:09:04", "end": "00:09:09", "text": "the wrong price. It is still too low."}, {"start": "00:09:07", "end": "00:09:12", "text": "What we've seen over the weekend is what"}, {"start": "00:09:09", "end": "00:09:14", "text": "happens when you have no safety nets"}, {"start": "00:09:12", "end": "00:09:17", "text": "anymore. Our supplies out of reserves"}, {"start": "00:09:14", "end": "00:09:20", "text": "are dwindling. So their flow rates are"}, {"start": "00:09:17", "end": "00:09:22", "text": "lower uh and the Middle East is still as"}, {"start": "00:09:20", "end": "00:09:25", "text": "volatile and now just became"}, {"start": "00:09:22", "end": "00:09:28", "text": "significantly more dangerous. Hormuz was"}, {"start": "00:09:25", "end": "00:09:30", "text": "essentially effectively not functioning"}, {"start": "00:09:28", "end": "00:09:33", "text": "and the bypass was this pipeline and the"}, {"start": "00:09:30", "end": "00:09:35", "text": "Red Sea. The Trump administration did"}, {"start": "00:09:33", "end": "00:09:36", "text": "not offer any support to Saudi Arabia"}, {"start": "00:09:35", "end": "00:09:39", "text": "when the Houthis did their attack a few"}, {"start": "00:09:36", "end": "00:09:42", "text": "days ago and now they control both the"}, {"start": "00:09:39", "end": "00:09:44", "text": "straight Babel Mandav the other straight"}, {"start": "00:09:42", "end": "00:09:47", "text": "and they've damaged that pipeline that"}, {"start": "00:09:44", "end": "00:09:50", "text": "is a bypass. So we're at significantly"}, {"start": "00:09:47", "end": "00:09:53", "text": "lower volumes. And the last thing I'd"}, {"start": "00:09:50", "end": "00:09:55", "text": "say, Becky, when you look at $103,"}, {"start": "00:09:53", "end": "00:09:59", "text": "you can't actually buy that outside the"}, {"start": "00:09:55", "end": "00:10:02", "text": "United States. These this 107 of Brent,"}, {"start": "00:09:59", "end": "00:10:05", "text": "the sale of actual physical barrels is"}, {"start": "00:10:02", "end": "00:10:08", "text": "more than is somewhere between $120 and"}, {"start": "00:10:05", "end": "00:10:11", "text": "$150 right now in the market. You can't"}, {"start": "00:10:08", "end": "00:10:14", "text": "buy this is just paper oil price. The"}, {"start": "00:10:11", "end": "00:10:20", "text": "actual price is significantly higher."}, {"start": "00:10:14", "end": "00:10:22", "text": ">> Ouch. So that right there is not a good"}, {"start": "00:10:20", "end": "00:10:25", "text": "outcome. So that's what we have as far"}, {"start": "00:10:22", "end": "00:10:26", "text": "as inflation going up and you can see it"}, {"start": "00:10:25", "end": "00:10:28", "text": "all around you and I think we're going"}, {"start": "00:10:26", "end": "00:10:30", "text": "to feel that crunch even more. So as"}, {"start": "00:10:28", "end": "00:10:31", "text": "this skirmish in Iran, I can't call it a"}, {"start": "00:10:30", "end": "00:10:32", "text": "war because the Congress hasn't come out"}, {"start": "00:10:31", "end": "00:10:34", "text": "and actually said that. We'll just call"}, {"start": "00:10:32", "end": "00:10:36", "text": "it a skirmish. Doesn't really matter."}, {"start": "00:10:34", "end": "00:10:39", "text": "Price goes up. Not the greatest thing of"}, {"start": "00:10:36", "end": "00:10:41", "text": "all time. And because of that, 10 year"}, {"start": "00:10:39", "end": "00:10:42", "text": "Treasury rates uh just hit 5% which is"}, {"start": "00:10:41", "end": "00:10:44", "text": "the first time it's happened since"}, {"start": "00:10:42", "end": "00:10:46", "text": "around 2007 89 somewhere in the Great"}, {"start": "00:10:44", "end": "00:10:48", "text": "Recession. So when you have something"}, {"start": "00:10:46", "end": "00:10:53", "text": "like that, it's kind of a warning sign"}, {"start": "00:10:48", "end": "00:10:55", "text": "to go things aren't going so great. So"}, {"start": "00:10:53", "end": "00:10:58", "text": "that concludes the bearish part of the"}, {"start": "00:10:55", "end": "00:10:59", "text": "show. If you'd like to leave now, I"}, {"start": "00:10:58", "end": "00:11:00", "text": "don't blame you. It was pretty rough,"}, {"start": "00:10:59", "end": "00:11:02", "text": "but if you stick around, it's going to"}, {"start": "00:11:00", "end": "00:11:04", "text": "be pretty good for you because I think"}, {"start": "00:11:02", "end": "00:11:06", "text": "right now there's opportunities all"}, {"start": "00:11:04", "end": "00:11:08", "text": "around. Unfortunately, I can't do much"}, {"start": "00:11:06", "end": "00:11:09", "text": "with the other stuff. I'm just one guy."}, {"start": "00:11:08", "end": "00:11:13", "text": "But I can tell you that historically"}, {"start": "00:11:09", "end": "00:11:14", "text": "speaking, the good times are coming up."}, {"start": "00:11:13", "end": "00:11:16", "text": "And what I'm talking about, we've talked"}, {"start": "00:11:14", "end": "00:11:18", "text": "about this many times, is the midterm"}, {"start": "00:11:16", "end": "00:11:19", "text": "elections. We've got this coming up in"}, {"start": "00:11:18", "end": "00:11:22", "text": "November 2nd. Correct me in the comments"}, {"start": "00:11:19", "end": "00:11:24", "text": "section. Believe it's November 2nd."}, {"start": "00:11:22", "end": "00:11:25", "text": "And that's going to determine who's"}, {"start": "00:11:24", "end": "00:11:26", "text": "going to run the House, who's going to"}, {"start": "00:11:25", "end": "00:11:29", "text": "run the Senate. Looks like the House is"}, {"start": "00:11:26", "end": "00:11:31", "text": "going to fall to Democrats, Senate"}, {"start": "00:11:29", "end": "00:11:33", "text": "potentially. Who knows? Anybody's game."}, {"start": "00:11:31", "end": "00:11:34", "text": "But I will tell you that over time, we"}, {"start": "00:11:33", "end": "00:11:36", "text": "can see that the four-year cycles aren't"}, {"start": "00:11:34", "end": "00:11:39", "text": "just for crypto. They're also based on"}, {"start": "00:11:36", "end": "00:11:43", "text": "midterm election years. And year-to-"}, {"start": "00:11:39", "end": "00:11:45", "text": "date for this time is actually 12 to 13%"}, {"start": "00:11:43", "end": "00:11:47", "text": "for the S&P 500, which is quite odd. But"}, {"start": "00:11:45", "end": "00:11:49", "text": "I do think there is an AI component to"}, {"start": "00:11:47", "end": "00:11:50", "text": "that as people are thinking this is a"}, {"start": "00:11:49", "end": "00:11:53", "text": "generational event. They got to get in"}, {"start": "00:11:50", "end": "00:11:56", "text": "now. So that's great. But again, the"}, {"start": "00:11:53", "end": "00:11:59", "text": "midterm elections are in 2014, 2018,"}, {"start": "00:11:56", "end": "00:12:01", "text": "2022. What does what do those remind you"}, {"start": "00:11:59", "end": "00:12:02", "text": "of? It's one year after the all-time"}, {"start": "00:12:01", "end": "00:12:04", "text": "highs. Midterm, midterm, midterm, and"}, {"start": "00:12:02", "end": "00:12:06", "text": "now we're at a midterm again. You can"}, {"start": "00:12:04", "end": "00:12:08", "text": "see right here across the board,"}, {"start": "00:12:06", "end": "00:12:11", "text": "presidential election, which we just had"}, {"start": "00:12:08", "end": "00:12:14", "text": "2024, 2025 is not a bad year. Then the"}, {"start": "00:12:11", "end": "00:12:16", "text": "midterm year is just awful. But then the"}, {"start": "00:12:14", "end": "00:12:18", "text": "post midterm year, these are the gains"}, {"start": "00:12:16", "end": "00:12:21", "text": "you can potentially expect in the S&P"}, {"start": "00:12:18", "end": "00:12:24", "text": "500. And like we talked about yesterday,"}, {"start": "00:12:21", "end": "00:12:28", "text": "100% of the time since 1942, if he"}, {"start": "00:12:24", "end": "00:12:30", "text": "bought the S&P 5 S&P 500 on the midterm"}, {"start": "00:12:28", "end": "00:12:33", "text": "election day and waited six to seven"}, {"start": "00:12:30", "end": "00:12:35", "text": "months, he'd be up 15% minimum."}, {"start": "00:12:33", "end": "00:12:37", "text": "So I did I was thinking about that. I"}, {"start": "00:12:35", "end": "00:12:40", "text": "go, well, how does that compare to"}, {"start": "00:12:37", "end": "00:12:42", "text": "Bitcoin? Well, how does that work?"}, {"start": "00:12:40", "end": "00:12:44", "text": "Because I mean S&P 500, sometimes we're"}, {"start": "00:12:42", "end": "00:12:46", "text": "correlated, sometimes we're not. Check"}, {"start": "00:12:44", "end": "00:12:48", "text": "this out."}, {"start": "00:12:46", "end": "00:12:49", "text": "So, you know, things are changing now,"}, {"start": "00:12:48", "end": "00:12:51", "text": "right? I believe in the four-year"}, {"start": "00:12:49", "end": "00:12:55", "text": "cycles, but people will remind me"}, {"start": "00:12:51", "end": "00:12:57", "text": "constantly that Bitcoin actually hit its"}, {"start": "00:12:55", "end": "00:12:59", "text": "all-time high, the previous all-time"}, {"start": "00:12:57", "end": "00:13:01", "text": "high before the having in 2024. And I"}, {"start": "00:12:59", "end": "00:13:02", "text": "was like, that is actually correct. So,"}, {"start": "00:13:01", "end": "00:13:04", "text": "you know, they say, well, that"}, {"start": "00:13:02", "end": "00:13:06", "text": "invalidates things. Well, I will tell"}, {"start": "00:13:04", "end": "00:13:07", "text": "you that there's a point there, right?"}, {"start": "00:13:06", "end": "00:13:11", "text": "Taking a look at this and I'm thinking"}, {"start": "00:13:07", "end": "00:13:12", "text": "to myself, what has changed recently in"}, {"start": "00:13:11", "end": "00:13:15", "text": "the last oh, I don't know, 10 years or"}, {"start": "00:13:12", "end": "00:13:18", "text": "so. Take a look at this. 6 months after"}, {"start": "00:13:15", "end": "00:13:21", "text": "midterm election day, and we're talking"}, {"start": "00:13:18", "end": "00:13:24", "text": "2014, 18, and 22. If you would have"}, {"start": "00:13:21", "end": "00:13:29", "text": "bought"}, {"start": "00:13:24", "end": "00:13:32", "text": "Bitcoin on midterm election day in 2014,"}, {"start": "00:13:29", "end": "00:13:34", "text": "in six months, you'd be down 28%."}, {"start": "00:13:32", "end": "00:13:37", "text": "Crazy, right? Now, if you did the same"}, {"start": "00:13:34", "end": "00:13:39", "text": "thing in 2018 when you bought there and"}, {"start": "00:13:37", "end": "00:13:42", "text": "six months after, you'd be down 11%."}, {"start": "00:13:39", "end": "00:13:43", "text": "However, in 2022, interesting enough, we"}, {"start": "00:13:42", "end": "00:13:44", "text": "had this thing called the Corona virus."}, {"start": "00:13:43", "end": "00:13:46", "text": "I don't know if you remember it. Big"}, {"start": "00:13:44", "end": "00:13:49", "text": "deal. Big big big deal. Everybody's"}, {"start": "00:13:46", "end": "00:13:51", "text": "wearing masks. It was crazy. And on this"}, {"start": "00:13:49", "end": "00:13:55", "text": "one, you're up almost 50% if you would"}, {"start": "00:13:51", "end": "00:13:57", "text": "have bought on November whenever it was"}, {"start": "00:13:55", "end": "00:13:59", "text": "in 2022 and six months later. But check"}, {"start": "00:13:57", "end": "00:14:01", "text": "this out. What if you would have waited"}, {"start": "00:13:59", "end": "00:14:04", "text": "just a year,"}, {"start": "00:14:01", "end": "00:14:05", "text": "one year after midterm, you're up 25%."}, {"start": "00:14:04", "end": "00:14:07", "text": "Congratulations. All you had to do is"}, {"start": "00:14:05", "end": "00:14:10", "text": "buy in November."}, {"start": "00:14:07", "end": "00:14:12", "text": "Just wait until April, May, and you're"}, {"start": "00:14:10", "end": "00:14:15", "text": "up 25%. In 2018, if you just waited a"}, {"start": "00:14:12", "end": "00:14:18", "text": "year, you're up 45%. And in 2022,"}, {"start": "00:14:15", "end": "00:14:20", "text": "you would have been up 93%."}, {"start": "00:14:18", "end": "00:14:22", "text": "So, that got me thinking about this. I"}, {"start": "00:14:20", "end": "00:14:24", "text": "know I'm going to buy Bitcoin. I don't"}, {"start": "00:14:22", "end": "00:14:27", "text": "know about you, whatever you want to do"}, {"start": "00:14:24", "end": "00:14:28", "text": "is fine, of course, not a financial"}, {"start": "00:14:27", "end": "00:14:30", "text": "adviser, but I think there's something"}, {"start": "00:14:28", "end": "00:14:32", "text": "to be said for altcoins and getting the"}, {"start": "00:14:30", "end": "00:14:35", "text": "right altcoins. So, I wanted to"}, {"start": "00:14:32", "end": "00:14:36", "text": "extrapolate that information. So, what"}, {"start": "00:14:35", "end": "00:14:38", "text": "would have happened if we compare"}, {"start": "00:14:36", "end": "00:14:40", "text": "Bitcoin versus the best Binance,"}, {"start": "00:14:38", "end": "00:14:41", "text": "Ethereum, Sonatron? And we'll take a"}, {"start": "00:14:40", "end": "00:14:43", "text": "look at some other altcoins in a bit."}, {"start": "00:14:41", "end": "00:14:45", "text": "Hold on. Just wait, wait, wait, wait."}, {"start": "00:14:43", "end": "00:14:47", "text": "But if you would have done the same"}, {"start": "00:14:45", "end": "00:14:52", "text": "thing"}, {"start": "00:14:47", "end": "00:14:55", "text": "in 2022 again, you'd be up 49% for 6"}, {"start": "00:14:52", "end": "00:14:58", "text": "months. 39% you'd be up for Ethereum"}, {"start": "00:14:55", "end": "00:15:01", "text": "Tron at 16, BNB, you'd be down for and"}, {"start": "00:14:58", "end": "00:15:05", "text": "Sana down 14%. But if you done the same"}, {"start": "00:15:01", "end": "00:15:10", "text": "thing and waited just a year,"}, {"start": "00:15:05", "end": "00:15:12", "text": "look at that. you'd be up 93%."}, {"start": "00:15:10", "end": "00:15:15", "text": "Salana 79%."}, {"start": "00:15:12", "end": "00:15:16", "text": "Tron 67 and 42%. So when people are"}, {"start": "00:15:15", "end": "00:15:20", "text": "talking about like I'm just going to buy"}, {"start": "00:15:16", "end": "00:15:22", "text": "Bitcoin about a year after the uh"}, {"start": "00:15:20", "end": "00:15:24", "text": "midterms, you're pretty smart. You're"}, {"start": "00:15:22", "end": "00:15:26", "text": "pretty smart person. Congratulations."}, {"start": "00:15:24", "end": "00:15:30", "text": "Much smarter than me. Much much much"}, {"start": "00:15:26", "end": "00:15:32", "text": "smarter than me. This is a good thing."}, {"start": "00:15:30", "end": "00:15:35", "text": "However,"}, {"start": "00:15:32", "end": "00:15:37", "text": "now we get into the long game. And the"}, {"start": "00:15:35", "end": "00:15:39", "text": "long game looks like this."}, {"start": "00:15:37", "end": "00:15:42", "text": "So what if you would have said I don't"}, {"start": "00:15:39", "end": "00:15:45", "text": "care. I like Salana. I like Tron. I like"}, {"start": "00:15:42", "end": "00:15:47", "text": "B&B at whatever. Well, if you would have"}, {"start": "00:15:45", "end": "00:15:50", "text": "held"}, {"start": "00:15:47", "end": "00:15:53", "text": "from November 8th, 2022"}, {"start": "00:15:50", "end": "00:15:55", "text": "until its all-time high. Look how big"}, {"start": "00:15:53", "end": "00:15:57", "text": "you would have been up on Salana. And"}, {"start": "00:15:55", "end": "00:16:00", "text": "look at this. This was Salana's price on"}, {"start": "00:15:57", "end": "00:16:02", "text": "November 8th was $24.15."}, {"start": "00:16:00", "end": "00:16:04", "text": "I think it went down to like 10 bucks."}, {"start": "00:16:02", "end": "00:16:06", "text": "Correct me in the comments section. So"}, {"start": "00:16:04", "end": "00:16:08", "text": "that's not right. that 1,13%. I mean,"}, {"start": "00:16:06", "end": "00:16:09", "text": "it's right if you would have waited"}, {"start": "00:16:08", "end": "00:16:11", "text": "until midterm election day like we just"}, {"start": "00:16:09", "end": "00:16:14", "text": "talked about, you'd be up big time. Big"}, {"start": "00:16:11", "end": "00:16:16", "text": "big big big time. And then Tron, you'd"}, {"start": "00:16:14", "end": "00:16:20", "text": "be up 631%."}, {"start": "00:16:16", "end": "00:16:22", "text": "Bitcoin 58%. So, you are rewarded for"}, {"start": "00:16:20", "end": "00:16:24", "text": "the for the risk. And to me, I think it"}, {"start": "00:16:22", "end": "00:16:28", "text": "really has to play in zoo. You better"}, {"start": "00:16:24", "end": "00:16:31", "text": "really know that altcoin. you better"}, {"start": "00:16:28", "end": "00:16:33", "text": "really know how big it can actually be"}, {"start": "00:16:31", "end": "00:16:34", "text": "and the actual improvements that is done"}, {"start": "00:16:33", "end": "00:16:36", "text": "and the adoption that's happening and"}, {"start": "00:16:34", "end": "00:16:38", "text": "the tech that's involved and how it"}, {"start": "00:16:36", "end": "00:16:41", "text": "competes with everything else and it is"}, {"start": "00:16:38", "end": "00:16:44", "text": "a great one. So solantron is not bad."}, {"start": "00:16:41", "end": "00:16:47", "text": "B&B you're up there 17% and Ethereum"}, {"start": "00:16:44", "end": "00:16:49", "text": "just a measly 270%."}, {"start": "00:16:47", "end": "00:16:52", "text": "So, I'm just saying. Just saying. And"}, {"start": "00:16:49", "end": "00:16:54", "text": "lastly, let's just take a look at uh"}, {"start": "00:16:52", "end": "00:16:56", "text": "another"}, {"start": "00:16:54", "end": "00:16:58", "text": "Well, we can look whatever you want to,"}, {"start": "00:16:56", "end": "00:17:01", "text": "but this is again going from November"}, {"start": "00:16:58", "end": "00:17:04", "text": "13, 2022."}, {"start": "00:17:01", "end": "00:17:06", "text": "Let's take a look at uh"}, {"start": "00:17:04", "end": "00:17:09", "text": "we can't do hype. It wasn't even existed"}, {"start": "00:17:06", "end": "00:17:12", "text": "back then."}, {"start": "00:17:09", "end": "00:17:15", "text": "Let's near How about uh how about"}, {"start": "00:17:12", "end": "00:17:15", "text": "Cardanzo?"}, {"start": "00:17:15", "end": "00:17:21", "text": "Huh. Fascinating."}, {"start": "00:17:19", "end": "00:17:26", "text": "Cardanzo,"}, {"start": "00:17:21", "end": "00:17:28", "text": "if you invested 10 bucks a day on 2022."}, {"start": "00:17:26", "end": "00:17:32", "text": "Actually, that's Hold on. Let's Let's"}, {"start": "00:17:28", "end": "00:17:32", "text": "make sure this is correct. November 8th."}, {"start": "00:17:33", "end": "00:17:37", "text": "My brain will not allow me to just move"}, {"start": "00:17:35", "end": "00:17:39", "text": "on."}, {"start": "00:17:37", "end": "00:17:41", "text": "Cardanzo is in yellow, orange, whatever"}, {"start": "00:17:39", "end": "00:17:43", "text": "this color is."}, {"start": "00:17:41", "end": "00:17:45", "text": "And Bitcoin's in blue. It should really"}, {"start": "00:17:43", "end": "00:17:46", "text": "be flipped. Whatever. I'm not I'm not"}, {"start": "00:17:45", "end": "00:17:49", "text": "gonna hold this that against Ben on his"}, {"start": "00:17:46", "end": "00:17:51", "text": "own website, but whatever. So, if you"}, {"start": "00:17:49", "end": "00:17:54", "text": "did that,"}, {"start": "00:17:51", "end": "00:17:56", "text": "you would have been doing okay till"}, {"start": "00:17:54", "end": "00:17:58", "text": "around 2024."}, {"start": "00:17:56", "end": "00:18:01", "text": "Actually, I take that back. You're"}, {"start": "00:17:58", "end": "00:18:03", "text": "you're up for like a a week, then you"}, {"start": "00:18:01", "end": "00:18:06", "text": "fall down. Then you're up. No, you're"}, {"start": "00:18:03", "end": "00:18:08", "text": "not. You still don't. No."}, {"start": "00:18:06", "end": "00:18:10", "text": "Then 20. Now you're up here in 204."}, {"start": "00:18:08", "end": "00:18:12", "text": "You're up for seven, six, seven days."}, {"start": "00:18:10", "end": "00:18:14", "text": "That's pretty good. Then you're down"}, {"start": "00:18:12", "end": "00:18:20", "text": "here. And then I think you go up here a"}, {"start": "00:18:14", "end": "00:18:20", "text": "couple days, but then at the peak,"}, {"start": "00:18:21", "end": "00:18:28", "text": "this was the peak, December 6, 2024, you"}, {"start": "00:18:24", "end": "00:18:31", "text": "have been up 229% versus 188%. Would you"}, {"start": "00:18:28", "end": "00:18:33", "text": "really have taken that chance?"}, {"start": "00:18:31", "end": "00:18:35", "text": "Is the juice worth the squeeze? I'm just"}, {"start": "00:18:33", "end": "00:18:37", "text": "saying. And you come over here and then"}, {"start": "00:18:35", "end": "00:18:40", "text": "of course everything just breaks down."}, {"start": "00:18:37", "end": "00:18:42", "text": "Look at this. Is just sad."}, {"start": "00:18:40", "end": "00:18:46", "text": "And then ADA, you're down 53%, but"}, {"start": "00:18:42", "end": "00:18:48", "text": "you're up Bitcoin at 76%. So, just"}, {"start": "00:18:46", "end": "00:18:50", "text": "putting it out there, letting you all"}, {"start": "00:18:48", "end": "00:18:53", "text": "just uh go through that. And the reason"}, {"start": "00:18:50", "end": "00:18:55", "text": "why I brought this up was because I'd"}, {"start": "00:18:53", "end": "00:18:56", "text": "like you all to sign up to Ben's"}, {"start": "00:18:55", "end": "00:18:58", "text": "website. A lot of the stuff that he has"}, {"start": "00:18:56", "end": "00:19:01", "text": "on there is free."}, {"start": "00:18:58", "end": "00:19:04", "text": "And these I want you to put in your"}, {"start": "00:19:01", "end": "00:19:05", "text": "altcoin and go back to November 8, 2022"}, {"start": "00:19:04", "end": "00:19:07", "text": "and just compare it because we don't"}, {"start": "00:19:05", "end": "00:19:10", "text": "have time for all your altcoins."}, {"start": "00:19:07", "end": "00:19:11", "text": "Although I think that all your altcoins"}, {"start": "00:19:10", "end": "00:19:13", "text": "are fantastic. As long as you gain on"}, {"start": "00:19:11", "end": "00:19:15", "text": "them, that's what counts. But I'd like"}, {"start": "00:19:13", "end": "00:19:16", "text": "you to go through this. There's link in"}, {"start": "00:19:15", "end": "00:19:18", "text": "the description. You can check that out."}, {"start": "00:19:16", "end": "00:19:20", "text": "And before we get into the Q&A, just a"}, {"start": "00:19:18", "end": "00:19:21", "text": "little PSA."}, {"start": "00:19:20", "end": "00:19:23", "text": "Uh,"}, {"start": "00:19:21", "end": "00:19:26", "text": "Revolute"}, {"start": "00:19:23", "end": "00:19:28", "text": "the Bank. I guess there was another"}, {"start": "00:19:26", "end": "00:19:30", "text": "hack."}, {"start": "00:19:28", "end": "00:19:32", "text": "Yeah, these hacks suck. And it's looks"}, {"start": "00:19:30", "end": "00:19:35", "text": "like uh a lot of people's uh personal"}, {"start": "00:19:32", "end": "00:19:37", "text": "information is could be potentially"}, {"start": "00:19:35", "end": "00:19:39", "text": "leaked. So, if you have Revolute Bank, I"}, {"start": "00:19:37", "end": "00:19:41", "text": "would be contacting them. And uh the"}, {"start": "00:19:39", "end": "00:19:43", "text": "hackers, they want 10,000 Bitcoin or"}, {"start": "00:19:41", "end": "00:19:45", "text": "something crazy like that. But they got"}, {"start": "00:19:43", "end": "00:19:46", "text": "everybody's uh personal information,"}, {"start": "00:19:45", "end": "00:19:48", "text": "especially like your account numbers and"}, {"start": "00:19:46", "end": "00:19:51", "text": "your addresses, and they're threatening"}, {"start": "00:19:48", "end": "00:19:54", "text": "Revolute Bank to put it out to the"}, {"start": "00:19:51", "end": "00:19:56", "text": "entire internet. And uh I said, \"Yeah.\""}, {"start": "00:19:54", "end": "00:19:59", "text": "I said, \"Wow, looks like uh KYC is"}, {"start": "00:19:56", "end": "00:20:00", "text": "essentially kill your customer and uh"}, {"start": "00:19:59", "end": "00:20:01", "text": "good luck with all those wrench"}, {"start": "00:20:00", "end": "00:20:03", "text": "attacks.\" So, I just said, \"Okay, well,"}, {"start": "00:20:01", "end": "00:20:05", "text": "you know what? Since everybody's out,"}, {"start": "00:20:03", "end": "00:20:06", "text": "I'm just going to give you my address.\""}, {"start": "00:20:05", "end": "00:20:10", "text": "There you go. There's my address right"}, {"start": "00:20:06", "end": "00:20:11", "text": "there. And uh uh if you want to come by,"}, {"start": "00:20:10", "end": "00:20:14", "text": "you're going to get what's coming to"}, {"start": "00:20:11", "end": "00:20:16", "text": "you. And uh I'm just kidding. That's a"}, {"start": "00:20:14", "end": "00:20:18", "text": "that's actually an address to a gun"}, {"start": "00:20:16", "end": "00:20:20", "text": "store. Uh which is my favorite one in El"}, {"start": "00:20:18", "end": "00:20:22", "text": "Paso. But uh I just want to bring this"}, {"start": "00:20:20", "end": "00:20:24", "text": "up to everybody's attention because"}, {"start": "00:20:22", "end": "00:20:26", "text": "there's a lot of things out there and"}, {"start": "00:20:24", "end": "00:20:28", "text": "it's important that you not only"}, {"start": "00:20:26", "end": "00:20:31", "text": "diversify your investments, but also"}, {"start": "00:20:28", "end": "00:20:35", "text": "diversify your cold storage. I know you"}, {"start": "00:20:31", "end": "00:20:37", "text": "hate the broken record, but please use a"}, {"start": "00:20:35", "end": "00:20:41", "text": "tandem. Want to use a ledger. Get into"}, {"start": "00:20:37", "end": "00:20:45", "text": "ETFs, not your keys, not your problems."}, {"start": "00:20:41", "end": "00:20:47", "text": "Also, a little IT trust action for some"}, {"start": "00:20:45", "end": "00:20:51", "text": "custody service. Again, it's the same"}, {"start": "00:20:47", "end": "00:20:53", "text": "one that uh Michael Sailor and Larry"}, {"start": "00:20:51", "end": "00:20:54", "text": "Frink, but Black Rockck use, Coinbase"}, {"start": "00:20:53", "end": "00:20:57", "text": "Prime, and it works out great. Also, he"}, {"start": "00:20:54", "end": "00:20:59", "text": "got an IRA for retirements. That's"}, {"start": "00:20:57", "end": "00:21:01", "text": "exactly what Peter Teal did. Well, he"}, {"start": "00:20:59", "end": "00:21:04", "text": "didn't use them. What Peter Thiel did"}, {"start": "00:21:01", "end": "00:21:06", "text": "was he took his uh his PayPal stocks,"}, {"start": "00:21:04", "end": "00:21:09", "text": "stuck them in a Roth IRA, and those are"}, {"start": "00:21:06", "end": "00:21:11", "text": "worth three billion in three years."}, {"start": "00:21:09", "end": "00:21:13", "text": "Guess how much uh taxes he's paying on"}, {"start": "00:21:11", "end": "00:21:14", "text": "that? Zero. Because it was a Roth IRA."}, {"start": "00:21:13", "end": "00:21:17", "text": "You can do the same thing with crypto"}, {"start": "00:21:14", "end": "00:21:19", "text": "and actually your stocks now. So,"}, {"start": "00:21:17", "end": "00:21:20", "text": "anyhow, you can sign up for that. Links"}, {"start": "00:21:19", "end": "00:21:21", "text": "in the description. There's a number you"}, {"start": "00:21:20", "end": "00:21:23", "text": "can call. I'd like you to call and talk"}, {"start": "00:21:21", "end": "00:21:25", "text": "to those people. It's a real people over"}, {"start": "00:21:23", "end": "00:21:27", "text": "in California. I actually visited. Very"}, {"start": "00:21:25", "end": "00:21:29", "text": "nice. So, that's it for today. So, look,"}, {"start": "00:21:27", "end": "00:21:30", "text": "I know it was a little bit long. I"}, {"start": "00:21:29", "end": "00:21:32", "text": "apologize. If you like today's video,"}, {"start": "00:21:30", "end": "00:21:34", "text": "give it a thumbs up. Consider"}, {"start": "00:21:32", "end": "00:21:36", "text": "subscribing. Everything we talk about is"}, {"start": "00:21:34", "end": "00:21:37", "text": "relatively timesensitive. That's it for"}, {"start": "00:21:36", "end": "00:21:39", "text": "this one. Now, if you want to stick"}, {"start": "00:21:37", "end": "00:21:41", "text": "around, we'll do a little Q&A. I'll"}, {"start": "00:21:39", "end": "00:21:44", "text": "answer all your questions to the best of"}, {"start": "00:21:41", "end": "00:21:48", "text": "my abilities and we'll go from there."}, {"start": "00:21:44", "end": "00:21:50", "text": "Let's see. Okay. All right, Joe. Of"}, {"start": "00:21:48", "end": "00:21:52", "text": "course, everybody's like, \"What about"}, {"start": "00:21:50", "end": "00:21:55", "text": "XR? What about I don't know. Let's take"}, {"start": "00:21:52", "end": "00:21:57", "text": "a look.\" See, I don't own XRP, so that's"}, {"start": "00:21:55", "end": "00:22:00", "text": "why I don't talk about it."}, {"start": "00:21:57", "end": "00:22:03", "text": "Do you want me to talk about it? I know"}, {"start": "00:22:00", "end": "00:22:03", "text": "people love it."}, {"start": "00:22:04", "end": "00:22:10", "text": "So, how do I get rid of There we go. Ada"}, {"start": "00:22:07", "end": "00:22:10", "text": "ADA."}, {"start": "00:22:10", "end": "00:22:15", "text": "So,"}, {"start": "00:22:12", "end": "00:22:20", "text": "you start over here in 2022."}, {"start": "00:22:15", "end": "00:22:22", "text": "You are underwater big time for a while."}, {"start": "00:22:20", "end": "00:22:26", "text": "XRP is down. XRP is down. And then, oh,"}, {"start": "00:22:22", "end": "00:22:29", "text": "look at that. XRP, you're up. It's"}, {"start": "00:22:26", "end": "00:22:32", "text": "roughly 200% by 365%. Then you're"}, {"start": "00:22:29", "end": "00:22:36", "text": "massively up over here 512%. Then you're"}, {"start": "00:22:32", "end": "00:22:39", "text": "uh still above still doing pretty good."}, {"start": "00:22:36", "end": "00:22:42", "text": "Then right around here, 94%"}, {"start": "00:22:39", "end": "00:22:45", "text": "59%. So yeah, XRP, congratulations. And"}, {"start": "00:22:42", "end": "00:22:49", "text": "then as of right now, you guys are up"}, {"start": "00:22:45", "end": "00:22:54", "text": "20%. 81 91"}, {"start": "00:22:49", "end": "00:22:57", "text": "at roughly 30%. So there you go. Joe,"}, {"start": "00:22:54", "end": "00:23:00", "text": "who's biased now? I just won't buy it"}, {"start": "00:22:57", "end": "00:23:02", "text": "because I don't believe in it. Sorry."}, {"start": "00:23:00", "end": "00:23:04", "text": "Uh, it's probably going to do great,"}, {"start": "00:23:02", "end": "00:23:07", "text": "though. You know, I just I can only"}, {"start": "00:23:04", "end": "00:23:10", "text": "afford so much. Let's see."}, {"start": "00:23:07", "end": "00:23:11", "text": "Why isn't Why isn't Leticia James"}, {"start": "00:23:10", "end": "00:23:14", "text": "sitting in prison? It's hard to put the"}, {"start": "00:23:11", "end": "00:23:15", "text": "attorney general in prison. She doesn't"}, {"start": "00:23:14", "end": "00:23:16", "text": "have a nice background. And I'm not"}, {"start": "00:23:15", "end": "00:23:18", "text": "saying there's anything wrong with her."}, {"start": "00:23:16", "end": "00:23:20", "text": "She's trying to And people are going to"}, {"start": "00:23:18", "end": "00:23:23", "text": "laugh at this, but she is trying to"}, {"start": "00:23:20", "end": "00:23:25", "text": "protect New Yorkers. I believe it"}, {"start": "00:23:23", "end": "00:23:28", "text": "because let's be honest,"}, {"start": "00:23:25", "end": "00:23:30", "text": "there are a lot of scams out there and"}, {"start": "00:23:28", "end": "00:23:34", "text": "it's true and it's and uh I'm sure she's"}, {"start": "00:23:30", "end": "00:23:35", "text": "seen a lot of people fall for said scams"}, {"start": "00:23:34", "end": "00:23:38", "text": "and uh maybe she's trying to do the"}, {"start": "00:23:35", "end": "00:23:40", "text": "right thing. Sometimes people they're"}, {"start": "00:23:38", "end": "00:23:43", "text": "not always self-s serving or maybe she"}, {"start": "00:23:40", "end": "00:23:46", "text": "is. I don't know. But uh I just know"}, {"start": "00:23:43", "end": "00:23:50", "text": "that uh that is a a big push against"}, {"start": "00:23:46", "end": "00:23:53", "text": "Donald Trump and the Clarity Act and uh"}, {"start": "00:23:50", "end": "00:23:53", "text": "we'll see how it goes."}, {"start": "00:23:53", "end": "00:23:57", "text": "XRP. You mean Brad Garlinghouse coin?"}, {"start": "00:23:56", "end": "00:23:58", "text": "Well, I mean, he does have a lot of"}, {"start": "00:23:57", "end": "00:24:01", "text": "time. He does have a lot of it. That's"}, {"start": "00:23:58", "end": "00:24:05", "text": "all I know."}, {"start": "00:24:01", "end": "00:24:07", "text": "They do seem to like to sell."}, {"start": "00:24:05", "end": "00:24:09", "text": "Zombie says, uh, Clardiac was flawed. We"}, {"start": "00:24:07", "end": "00:24:11", "text": "can do better. We can do better. We can"}, {"start": "00:24:09", "end": "00:24:13", "text": "always do better. Question is, do we"}, {"start": "00:24:11", "end": "00:24:16", "text": "have the time to do better? We'll find"}, {"start": "00:24:13", "end": "00:24:16", "text": "out."}, {"start": "00:24:17", "end": "00:24:22", "text": "Uh, this reminds me of Eth Gaspies"}, {"start": "00:24:20", "end": "00:24:26", "text": "Hormuse."}, {"start": "00:24:22", "end": "00:24:26", "text": "Math is hard. I think that's"}, {"start": "00:24:29", "end": "00:24:34", "text": "you. You fools going to go on the safe"}, {"start": "00:24:31", "end": "00:24:36", "text": "moon wagon. You know what?"}, {"start": "00:24:34", "end": "00:24:38", "text": "Maybe we are in a bull market because"}, {"start": "00:24:36", "end": "00:24:41", "text": "this is the most amount of altcoins I"}, {"start": "00:24:38", "end": "00:24:41", "text": "think we've talked about in a while."}, {"start": "00:24:44", "end": "00:24:48", "text": "Let's see. Iman's right. XRP is just"}, {"start": "00:24:46", "end": "00:24:50", "text": "bouncing a dollar and three isn't going"}, {"start": "00:24:48", "end": "00:24:52", "text": "nowhere. But, you know, if you think"}, {"start": "00:24:50", "end": "00:24:54", "text": "about it,"}, {"start": "00:24:52", "end": "00:24:55", "text": "you know, if if you keep buying at a"}, {"start": "00:24:54", "end": "00:24:57", "text": "dollar"}, {"start": "00:24:55", "end": "00:25:00", "text": "or wherever, I don't know what it's at"}, {"start": "00:24:57", "end": "00:25:03", "text": "today. Let's see."}, {"start": "00:25:00", "end": "00:25:05", "text": "XRP$143."}, {"start": "00:25:03", "end": "00:25:07", "text": "So, I mean, if you buy a$143 and goes to"}, {"start": "00:25:05", "end": "00:25:09", "text": "three, I mean, you doubled your money."}, {"start": "00:25:07", "end": "00:25:10", "text": "So, that's really all that matters. I"}, {"start": "00:25:09", "end": "00:25:13", "text": "know some people say, \"No, Rob, what"}, {"start": "00:25:10", "end": "00:25:15", "text": "matters is the technology.\" And uh"}, {"start": "00:25:13", "end": "00:25:18", "text": "because we're in it for the tech. And to"}, {"start": "00:25:15", "end": "00:25:21", "text": "that I say, \"Sure."}, {"start": "00:25:18", "end": "00:25:24", "text": "I applaud you. Some people are here to"}, {"start": "00:25:21", "end": "00:25:26", "text": "change the world. I'm here to change my"}, {"start": "00:25:24", "end": "00:25:29", "text": "bank account.\""}, {"start": "00:25:26", "end": "00:25:32", "text": "And Adrian is correct. Uh the biggest"}, {"start": "00:25:29", "end": "00:25:34", "text": "scammers are politicians."}, {"start": "00:25:32", "end": "00:25:37", "text": "They connect. Those are good times."}, {"start": "00:25:34", "end": "00:25:40", "text": "Those are great times."}, {"start": "00:25:37", "end": "00:25:42", "text": "Do we have the politicians to do better?"}, {"start": "00:25:40", "end": "00:25:44", "text": "I got to tell you, if you're into"}, {"start": "00:25:42", "end": "00:25:46", "text": "politics and you want to run for office,"}, {"start": "00:25:44", "end": "00:25:51", "text": "God bless you. Good good luck. That's a"}, {"start": "00:25:46", "end": "00:25:53", "text": "that's a no win no win job."}, {"start": "00:25:51", "end": "00:25:55", "text": "Unless, of course, you're Nancy Pelosy's"}, {"start": "00:25:53", "end": "00:25:56", "text": "husband. Then then then you can win big"}, {"start": "00:25:55", "end": "00:25:59", "text": "time. I know people always hate that"}, {"start": "00:25:56", "end": "00:26:00", "text": "when I say that's Nancy Pelosi, but of"}, {"start": "00:25:59", "end": "00:26:04", "text": "course on both sides, they're both using"}, {"start": "00:26:00", "end": "00:26:04", "text": "that information."}, {"start": "00:26:07", "end": "00:26:12", "text": "Yeah. Two. We'll leave it like this. SJ"}, {"start": "00:26:10", "end": "00:26:16", "text": "is right. We're going to make money."}, {"start": "00:26:12", "end": "00:26:18", "text": "WTF? I'm just here for I'm here for the"}, {"start": "00:26:16", "end": "00:26:21", "text": "I'm here for the uh financial gains."}, {"start": "00:26:18", "end": "00:26:22", "text": "It's true. And as the old saying goes,"}, {"start": "00:26:21", "end": "00:26:24", "text": "how do you know a politician is lying if"}, {"start": "00:26:22", "end": "00:26:26", "text": "you see their mouth moving? That's"}, {"start": "00:26:24", "end": "00:26:29", "text": "correct. Oh,"}, {"start": "00:26:26", "end": "00:26:31", "text": "pay. What's up, buddy? I gotta stop by"}, {"start": "00:26:29", "end": "00:26:35", "text": "tonight. It's been a stressful day. So"}, {"start": "00:26:31", "end": "00:26:37", "text": "if you guys are open, kavaton and gas"}, {"start": "00:26:35", "end": "00:26:38", "text": "fee fees is here. How many people would"}, {"start": "00:26:37", "end": "00:26:41", "text": "have bought Bitcoin at the Lambo memes?"}, {"start": "00:26:38", "end": "00:26:42", "text": "Be honest. It's true. How many of you"}, {"start": "00:26:41", "end": "00:26:44", "text": "would have bought Bitcoin if you didn't"}, {"start": "00:26:42", "end": "00:26:47", "text": "see the number go up? How about if it"}, {"start": "00:26:44", "end": "00:26:48", "text": "was just stagnant like gold was forever,"}, {"start": "00:26:47", "end": "00:26:49", "text": "but you heard about you're like, \"Oh,"}, {"start": "00:26:48", "end": "00:26:52", "text": "it's a centralized. It's very"}, {"start": "00:26:49", "end": "00:26:55", "text": "fascinating.\" No, it's scarce, huh?"}, {"start": "00:26:52", "end": "00:26:57", "text": "Sound money. It sounds pretty good. What"}, {"start": "00:26:55", "end": "00:27:00", "text": "else is it? Sounds great. I got to get"}, {"start": "00:26:57", "end": "00:27:01", "text": "into that. let me just ape in and uh you"}, {"start": "00:27:00", "end": "00:27:03", "text": "know sell this kidney and start buying"}, {"start": "00:27:01", "end": "00:27:06", "text": "Bitcoin. I don't think many of us would"}, {"start": "00:27:03", "end": "00:27:08", "text": "have done that. But you know, you go"}, {"start": "00:27:06", "end": "00:27:10", "text": "from like $1,000 to like $10,000, you're"}, {"start": "00:27:08", "end": "00:27:12", "text": "like, \"Wow, that's that was essentially"}, {"start": "00:27:10", "end": "00:27:14", "text": "my exposure in 2017.\" I was like, \"I"}, {"start": "00:27:12", "end": "00:27:17", "text": "should probably get into this. What does"}, {"start": "00:27:14", "end": "00:27:18", "text": "it do? No idea.\" And now here we are"}, {"start": "00:27:17", "end": "00:27:20", "text": "talking about which one's more"}, {"start": "00:27:18", "end": "00:27:22", "text": "decentralized."}, {"start": "00:27:20", "end": "00:27:24", "text": "Oh my god. There's nothing wrong with"}, {"start": "00:27:22", "end": "00:27:27", "text": "this though. I bought because of Bit"}, {"start": "00:27:24", "end": "00:27:29", "text": "Boy. Say what you want about Bit Boy."}, {"start": "00:27:27", "end": "00:27:31", "text": "He was entertaining"}, {"start": "00:27:29", "end": "00:27:33", "text": "and he did bring a lot of people into"}, {"start": "00:27:31", "end": "00:27:35", "text": "the crypto space."}, {"start": "00:27:33", "end": "00:27:39", "text": "Now, he may or may not have dumped on"}, {"start": "00:27:35", "end": "00:27:42", "text": "them gratuitously, but I mean, he did"}, {"start": "00:27:39", "end": "00:27:44", "text": "bring a lot in, and I hope and pray that"}, {"start": "00:27:42", "end": "00:27:45", "text": "he he makes it through whatever he's"}, {"start": "00:27:44", "end": "00:27:49", "text": "going through and especially for the"}, {"start": "00:27:45", "end": "00:27:49", "text": "kids and the family."}, {"start": "00:27:51", "end": "00:27:55", "text": "Rusty's here. I'm here because the"}, {"start": "00:27:53", "end": "00:27:56", "text": "memes, the apes asking where when Lambo"}, {"start": "00:27:55", "end": "00:27:58", "text": "is the one that got me to buy. Yeah,"}, {"start": "00:27:56", "end": "00:28:01", "text": "it's a pretty good one. SVJ says,"}, {"start": "00:27:58", "end": "00:28:03", "text": "\"What's your thoughts on Canton and DTCC"}, {"start": "00:28:01", "end": "00:28:07", "text": "full launch for October? Pump or dump?\""}, {"start": "00:28:03", "end": "00:28:09", "text": "This is a great question for Payton who"}, {"start": "00:28:07", "end": "00:28:11", "text": "was in the chats now. He may be gone"}, {"start": "00:28:09", "end": "00:28:13", "text": "because he actually, you know, has other"}, {"start": "00:28:11", "end": "00:28:15", "text": "businesses to take care of, but I'm"}, {"start": "00:28:13", "end": "00:28:18", "text": "looking closely into this and I actually"}, {"start": "00:28:15", "end": "00:28:20", "text": "do own Canton, so I probably will be"}, {"start": "00:28:18", "end": "00:28:23", "text": "buying a bunch of it. And if you are"}, {"start": "00:28:20", "end": "00:28:26", "text": "interested in the DTCC,"}, {"start": "00:28:23", "end": "00:28:27", "text": "which they have their own nodes and it"}, {"start": "00:28:26", "end": "00:28:30", "text": "looks like JP Morgan, a bunch of banks"}, {"start": "00:28:27", "end": "00:28:33", "text": "are, and they could be private or they"}, {"start": "00:28:30", "end": "00:28:34", "text": "could be public. And Canton looks like"}, {"start": "00:28:33", "end": "00:28:38", "text": "uh they're leading the charge of this"}, {"start": "00:28:34", "end": "00:28:40", "text": "for tokenized real world assets."}, {"start": "00:28:38", "end": "00:28:43", "text": "Sounds pretty good. But the question,"}, {"start": "00:28:40", "end": "00:28:46", "text": "the big question is is how much is there"}, {"start": "00:28:43", "end": "00:28:49", "text": "as fluctuation? How much of that is"}, {"start": "00:28:46", "end": "00:28:50", "text": "going to be going to the public? and how"}, {"start": "00:28:49", "end": "00:28:52", "text": "can we capitalize on it? And that's why"}, {"start": "00:28:50", "end": "00:28:55", "text": "I'll probably have Ken on or uh Payton"}, {"start": "00:28:52", "end": "00:28:56", "text": "on again. All right, everybody. That's"}, {"start": "00:28:55", "end": "00:28:57", "text": "it for today. I want to get under 30"}, {"start": "00:28:56", "end": "00:28:59", "text": "minutes, but thanks so much for stopping"}, {"start": "00:28:57", "end": "00:29:00", "text": "by. I appreciate like today's video,"}, {"start": "00:28:59", "end": "00:29:02", "text": "like and subscribe and all that great"}, {"start": "00:29:00", "end": "00:29:03", "text": "stuff. I'll see you guys in the next"}, {"start": "00:29:02", "end": "00:29:06", "text": "one. Have a great rest of your day."}, {"start": "00:29:03", "end": "00:29:06", "text": "Adios."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "When I look at the four-year cycle, you"}, {"start": "00:00:03", "end": "00:00:06", "text": "know, the last one was a little"}, {"start": "00:00:04", "end": "00:00:09", "text": "different. Essentially, every single"}, {"start": "00:00:06", "end": "00:00:13", "text": "cycle when we've had, you know, a crazy"}, {"start": "00:00:09", "end": "00:00:15", "text": "Bitcoin run, altcoins have gone with it."}, {"start": "00:00:13", "end": "00:00:17", "text": "And, you know, it's allowed us that have"}, {"start": "00:00:15", "end": "00:00:18", "text": "paid attention to that to make some easy"}, {"start": "00:00:17", "end": "00:00:21", "text": "money really. You know, you get some"}, {"start": "00:00:18", "end": "00:00:23", "text": "Bitcoin, you know, at the bottom. And"}, {"start": "00:00:21", "end": "00:00:26", "text": "then in 2017, everything after Bitcoin"}, {"start": "00:00:23", "end": "00:00:28", "text": "goes up, then kind of the high tier"}, {"start": "00:00:26", "end": "00:00:30", "text": "layer ones go up. you know, Cardano,"}, {"start": "00:00:28", "end": "00:00:32", "text": "Algarand, Ethereum, Salana wasn't even"}, {"start": "00:00:30", "end": "00:00:35", "text": "around back then, but they all just"}, {"start": "00:00:32", "end": "00:00:37", "text": "follow Bitcoin and they all hit their an"}, {"start": "00:00:35", "end": "00:00:39", "text": "all-time high and then after that, you"}, {"start": "00:00:37", "end": "00:00:41", "text": "know, it's usually like something"}, {"start": "00:00:39", "end": "00:00:44", "text": "smaller like meme coins or, you know,"}, {"start": "00:00:41", "end": "00:00:46", "text": "NFTTS in the last cycle, whereas, you"}, {"start": "00:00:44", "end": "00:00:49", "text": "know, if you look, you know, this this"}, {"start": "00:00:46", "end": "00:00:51", "text": "last cycle, you know, ADA, Cardano"}, {"start": "00:00:49", "end": "00:00:52", "text": "didn't hit an all-time high. Salana"}, {"start": "00:00:51", "end": "00:00:55", "text": "didn't hit an all-time high when you"}, {"start": "00:00:52", "end": "00:00:57", "text": "account for inflation. uh Ethereum kind"}, {"start": "00:00:55", "end": "00:01:00", "text": "of got right there. Almost hit the"}, {"start": "00:00:57", "end": "00:01:02", "text": "all-time high, but didn't either. And"}, {"start": "00:01:00", "end": "00:01:05", "text": "you know, that's one thing that's really"}, {"start": "00:01:02", "end": "00:01:07", "text": "kind of, you know, it's changed my my"}, {"start": "00:01:05", "end": "00:01:09", "text": "investment thesis in a way. And if you"}, {"start": "00:01:07", "end": "00:01:11", "text": "look at the one thing that was"}, {"start": "00:01:09", "end": "00:01:13", "text": "different, it was that, you know, the US"}, {"start": "00:01:11", "end": "00:01:15", "text": "interest rates were were higher. You"}, {"start": "00:01:13", "end": "00:01:18", "text": "know, we were in a period where you can"}, {"start": "00:01:15", "end": "00:01:22", "text": "actually hold money in a bank account."}, {"start": "00:01:18", "end": "00:01:26", "text": "You know, right now X money is paying 6%"}, {"start": "00:01:22", "end": "00:01:28", "text": "APY. uh you know Rob Robin Hood I think"}, {"start": "00:01:26", "end": "00:01:29", "text": "is paying 3.5%."}, {"start": "00:01:28", "end": "00:01:32", "text": "You know there's a lot of different"}, {"start": "00:01:29", "end": "00:01:35", "text": "offerings now that are paying people"}, {"start": "00:01:32", "end": "00:01:37", "text": "anywhere from 3 to 6% for having cash in"}, {"start": "00:01:35", "end": "00:01:39", "text": "a bank account whereas if you look back"}, {"start": "00:01:37", "end": "00:01:41", "text": "at 2021"}, {"start": "00:01:39", "end": "00:01:44", "text": "that that just it didn't exist. You know"}, {"start": "00:01:41", "end": "00:01:47", "text": "my bank was paying me you know.1%."}, {"start": "00:01:44", "end": "00:01:49", "text": "So everybody in that time in 2021 was"}, {"start": "00:01:47", "end": "00:01:51", "text": "just looking for a way to kind of get"}, {"start": "00:01:49", "end": "00:01:53", "text": "out of cash and make yield because they"}, {"start": "00:01:51", "end": "00:01:55", "text": "printed, you know, 40% of all the"}, {"start": "00:01:53", "end": "00:01:57", "text": "dollars in existence in three months for"}, {"start": "00:01:55", "end": "00:01:59", "text": "the big COVID scare, you know. So"}, {"start": "00:01:57", "end": "00:02:02", "text": "everybody was, you know, riding high"}, {"start": "00:01:59", "end": "00:02:04", "text": "trying to find ways to earn yield. And"}, {"start": "00:02:02", "end": "00:02:06", "text": "if you look at this last cycle, you"}, {"start": "00:02:04", "end": "00:02:08", "text": "know, we we didn't see that. The only"}, {"start": "00:02:06", "end": "00:02:10", "text": "thing that really truly hit, you know,"}, {"start": "00:02:08", "end": "00:02:13", "text": "an all-time high other than some new"}, {"start": "00:02:10", "end": "00:02:15", "text": "coins, uh, you know, was was Bitcoin,"}, {"start": "00:02:13", "end": "00:02:18", "text": "right? So it so it's kind of you know"}, {"start": "00:02:15", "end": "00:02:19", "text": "it's changed my thesis a bit as a as an"}, {"start": "00:02:18", "end": "00:02:22", "text": "investor you know and it's kind of"}, {"start": "00:02:19", "end": "00:02:25", "text": "making me be a bit more you know bitcoin"}, {"start": "00:02:22", "end": "00:02:28", "text": "focused uh you know as we head into this"}, {"start": "00:02:25", "end": "00:02:30", "text": "next cycle. So, you know, personally,"}, {"start": "00:02:28", "end": "00:02:33", "text": "what I've done over the last 12 months"}, {"start": "00:02:30", "end": "00:02:36", "text": "is, you know, exited essentially every"}, {"start": "00:02:33", "end": "00:02:38", "text": "altcoin that I have. Uh, you know, and"}, {"start": "00:02:36", "end": "00:02:40", "text": "then and then Bitcoin too when it was a"}, {"start": "00:02:38", "end": "00:02:42", "text": "bit higher. And then now that, you know,"}, {"start": "00:02:40", "end": "00:02:44", "text": "I think we're starting, we may have just"}, {"start": "00:02:42", "end": "00:02:46", "text": "seen the bottom or we're going to see"}, {"start": "00:02:44", "end": "00:02:48", "text": "the bottom over the next few months. So,"}, {"start": "00:02:46", "end": "00:02:51", "text": "what I've been doing at least for the"}, {"start": "00:02:48", "end": "00:02:54", "text": "past three or four months is starting to"}, {"start": "00:02:51", "end": "00:02:57", "text": "DCA uh into Bitcoin. And I actually just"}, {"start": "00:02:54", "end": "00:02:59", "text": "picked up my first altcoin last week."}, {"start": "00:02:57", "end": "00:03:02", "text": "Uh, you know, because it's starting to"}, {"start": "00:02:59", "end": "00:03:04", "text": "kind of signal a bull trend a little"}, {"start": "00:03:02", "end": "00:03:07", "text": "bit. And um, but yeah, that's kind of"}, {"start": "00:03:04", "end": "00:03:09", "text": "where I'm at. You know, I I'm a bit uh,"}, {"start": "00:03:07", "end": "00:03:11", "text": "you know, kind of heavy on on Bitcoin."}, {"start": "00:03:09", "end": "00:03:13", "text": "Uh, which is a bit different for me. You"}, {"start": "00:03:11", "end": "00:03:16", "text": "know, the last few cycles I've been, you"}, {"start": "00:03:13", "end": "00:03:18", "text": "know, mostly alts to be honest. Uh,"}, {"start": "00:03:16", "end": "00:03:21", "text": "whereas this cycle, you know, I'm much"}, {"start": "00:03:18", "end": "00:03:22", "text": "much heavier on Bitcoin. um at least"}, {"start": "00:03:21", "end": "00:03:25", "text": "until we start to see these these"}, {"start": "00:03:22", "end": "00:03:26", "text": "interest rates, you know, go down and we"}, {"start": "00:03:25", "end": "00:03:29", "text": "enter an environment where you're not"}, {"start": "00:03:26", "end": "00:03:32", "text": "earning as much yield uh you know, on"}, {"start": "00:03:29", "end": "00:03:34", "text": "cash uh as you do today, you know, but"}, {"start": "00:03:32", "end": "00:03:35", "text": "we're you might have already mentioned"}, {"start": "00:03:34", "end": "00:03:37", "text": "it today. I see you've been gone for"}, {"start": "00:03:35", "end": "00:03:39", "text": "nine hours, but you know, do you think"}, {"start": "00:03:37", "end": "00:03:42", "text": "the bottom is in?"}, {"start": "00:03:39", "end": "00:03:44", "text": ">> Well, first of all, let's let's back up."}, {"start": "00:03:42", "end": "00:03:47", "text": "That's that's amazing because I when I"}, {"start": "00:03:44", "end": "00:03:48", "text": "first saw you on on on your uh your"}, {"start": "00:03:47", "end": "00:03:49", "text": "channel, everybody, there's a link in"}, {"start": "00:03:48", "end": "00:03:52", "text": "the description. You can you can follow"}, {"start": "00:03:49", "end": "00:03:55", "text": "Payton along in his journey, but it was"}, {"start": "00:03:52", "end": "00:03:57", "text": "it was it was ADA and it was ADA heavy"}, {"start": "00:03:55", "end": "00:03:59", "text": "and that was the direction. It was also"}, {"start": "00:03:57", "end": "00:04:03", "text": "some alts here and there, but it was big"}, {"start": "00:03:59", "end": "00:04:06", "text": "time of what was considering to be the"}, {"start": "00:04:03", "end": "00:04:08", "text": "next big thing. So, it's interesting"}, {"start": "00:04:06", "end": "00:04:10", "text": "that, you know, you've taken a look at"}, {"start": "00:04:08", "end": "00:04:12", "text": "and go, okay, here's where we're at."}, {"start": "00:04:10", "end": "00:04:14", "text": "We're we're investors, right? And if"}, {"start": "00:04:12", "end": "00:04:15", "text": "that if the thesis doesn't fit our model"}, {"start": "00:04:14", "end": "00:04:17", "text": "at some point, we just got to say, you"}, {"start": "00:04:15", "end": "00:04:19", "text": "know what, this at this point isn't"}, {"start": "00:04:17", "end": "00:04:21", "text": "taking off. I need to pivot a little bit"}, {"start": "00:04:19", "end": "00:04:23", "text": "because this is where the information"}, {"start": "00:04:21", "end": "00:04:26", "text": "changes. When the data changes, I"}, {"start": "00:04:23", "end": "00:04:27", "text": "change, right? So, Payton, it's uh it's"}, {"start": "00:04:26", "end": "00:04:30", "text": "good to see you just, you know, going,"}, {"start": "00:04:27", "end": "00:04:35", "text": "\"Hey, this might be another thing to to"}, {"start": "00:04:30", "end": "00:04:37", "text": "get out of.\" And uh for me, I've always"}, {"start": "00:04:35", "end": "00:04:39", "text": "I've always said that I don't know where"}, {"start": "00:04:37", "end": "00:04:43", "text": "things are going as far as the markets."}, {"start": "00:04:39", "end": "00:04:45", "text": "I believe that we haven't and this is go"}, {"start": "00:04:43", "end": "00:04:48", "text": "this is very contrarian. I believe this"}, {"start": "00:04:45", "end": "00:04:50", "text": "is what everybody's uh gone against me."}, {"start": "00:04:48", "end": "00:04:53", "text": "I still think that we could have like a"}, {"start": "00:04:50", "end": "00:04:54", "text": "big pullback on Q4. And people are like,"}, {"start": "00:04:53", "end": "00:04:56", "text": "why do you think that? Because"}, {"start": "00:04:54", "end": "00:04:58", "text": "everything's going up. We got this big"}, {"start": "00:04:56", "end": "00:05:00", "text": "AI type of push and there's a meltup"}, {"start": "00:04:58", "end": "00:05:02", "text": "going on and the government keeps"}, {"start": "00:05:00", "end": "00:05:04", "text": "printing funds as far as dollar bills"}, {"start": "00:05:02", "end": "00:05:06", "text": "and there's they're debasing the"}, {"start": "00:05:04", "end": "00:05:08", "text": "currency. So why would you say that we"}, {"start": "00:05:06", "end": "00:05:11", "text": "we can have a big pullback? And I just"}, {"start": "00:05:08", "end": "00:05:12", "text": "say this, anything can happen. So, I"}, {"start": "00:05:11", "end": "00:05:15", "text": "look at this and I think to myself,"}, {"start": "00:05:12", "end": "00:05:18", "text": "okay, we are one tweet away from True"}, {"start": "00:05:15", "end": "00:05:21", "text": "Social from dropping another 30% or"}, {"start": "00:05:18", "end": "00:05:24", "text": "something like that. Could that happen?"}, {"start": "00:05:21", "end": "00:05:25", "text": ">> It doesn't look pro probabilistic. It"}, {"start": "00:05:24", "end": "00:05:27", "text": "looks like and everybody that we've"}, {"start": "00:05:25", "end": "00:05:29", "text": "talked to today, we've uh you know,"}, {"start": "00:05:27", "end": "00:05:32", "text": "we've had a lot of people on and they're"}, {"start": "00:05:29", "end": "00:05:35", "text": "all saying that this is the the bottom"}, {"start": "00:05:32", "end": "00:05:38", "text": "was July 1st, 2026."}, {"start": "00:05:35", "end": "00:05:41", "text": "It was around 58K. that was the bottom"}, {"start": "00:05:38", "end": "00:05:44", "text": "fouryear cycles are dead and that may be"}, {"start": "00:05:41", "end": "00:05:47", "text": "true. So for me I don't know so it works"}, {"start": "00:05:44", "end": "00:05:49", "text": "out actually to the best to my advantage"}, {"start": "00:05:47", "end": "00:05:50", "text": "because I think to myself well if it's"}, {"start": "00:05:49", "end": "00:05:52", "text": "not going to happen then I'll just"}, {"start": "00:05:50", "end": "00:05:53", "text": "dollar cost average like you you're"}, {"start": "00:05:52", "end": "00:05:55", "text": "doing Payton and then when the price"}, {"start": "00:05:53", "end": "00:05:58", "text": "goes down I I buy more and the price"}, {"start": "00:05:55", "end": "00:06:02", "text": "goes up I buy a little bit less. So I"}, {"start": "00:05:58", "end": "00:06:06", "text": "still would like to see dips. I think it"}, {"start": "00:06:02", "end": "00:06:09", "text": "could happen, but there is a chance that"}, {"start": "00:06:06", "end": "00:06:10", "text": "I could be wrong. Crazy to think, I"}, {"start": "00:06:09", "end": "00:06:12", "text": "know, right? Someone who is fallible,"}, {"start": "00:06:10", "end": "00:06:15", "text": "but but if that's the case, then I'm"}, {"start": "00:06:12", "end": "00:06:18", "text": "okay because we were all dollar cost"}, {"start": "00:06:15", "end": "00:06:20", "text": "averaging 60k Bitcoin forever, it seems"}, {"start": "00:06:18", "end": "00:06:23", "text": "like. So then here we are. So that's"}, {"start": "00:06:20", "end": "00:06:24", "text": "that's the whole thesis in a nutshell. I"}, {"start": "00:06:23", "end": "00:06:27", "text": "would like to ask you a question,"}, {"start": "00:06:24", "end": "00:06:30", "text": "Peyton. You said that you just got into"}, {"start": "00:06:27", "end": "00:06:32", "text": "an altcoin. What is that altcoin? And"}, {"start": "00:06:30", "end": "00:06:34", "text": "then also if you could speak to us a"}, {"start": "00:06:32", "end": "00:06:35", "text": "little bit about uh the AI side because"}, {"start": "00:06:34", "end": "00:06:37", "text": "I remember when you were talking about"}, {"start": "00:06:35", "end": "00:06:39", "text": "Cardano it was about AI agents and"}, {"start": "00:06:37", "end": "00:06:41", "text": "things like that. So that that'd be a"}, {"start": "00:06:39", "end": "00:06:44", "text": "twofold question."}, {"start": "00:06:41", "end": "00:06:46", "text": ">> Yeah. So the the one altcoin I actually"}, {"start": "00:06:44", "end": "00:06:49", "text": "just bought uh was was Salana. And you"}, {"start": "00:06:46", "end": "00:06:52", "text": "know keep in mind it was probably like"}, {"start": "00:06:49", "end": "00:06:54", "text": "2% of my portfolio. You know it was just"}, {"start": "00:06:52", "end": "00:06:59", "text": "a little buy. I I wanted to kind of"}, {"start": "00:06:54", "end": "00:07:01", "text": "start the DCA and I I I don't know. It's"}, {"start": "00:06:59", "end": "00:07:03", "text": "all up to the the sky essentially, but I"}, {"start": "00:07:01", "end": "00:07:06", "text": "kind of I've been suspecting at least"}, {"start": "00:07:03", "end": "00:07:08", "text": "one more bottom, but I'm DCAing right"}, {"start": "00:07:06", "end": "00:07:10", "text": "now just in case we we don't get it. You"}, {"start": "00:07:08", "end": "00:07:12", "text": "know, I I'm kind of a crypto native in"}, {"start": "00:07:10", "end": "00:07:14", "text": "my life. And, you know, over the past"}, {"start": "00:07:12", "end": "00:07:17", "text": "year and a half, I've had less crypto"}, {"start": "00:07:14", "end": "00:07:19", "text": "than I've had since I was maybe 16 or 17"}, {"start": "00:07:17", "end": "00:07:22", "text": "years old. So, there is this kind of"}, {"start": "00:07:19", "end": "00:07:23", "text": "like FOMO that I have like this fear of"}, {"start": "00:07:22", "end": "00:07:27", "text": "missing out. Like, what if we do get"}, {"start": "00:07:23", "end": "00:07:29", "text": "this cycle and I have nothing, right? So"}, {"start": "00:07:27", "end": "00:07:31", "text": "I I that's one reason why, you know,"}, {"start": "00:07:29", "end": "00:07:33", "text": "I've started DCAing a little bit. You"}, {"start": "00:07:31", "end": "00:07:36", "text": "know, I was DCAing to Bitcoin around 60"}, {"start": "00:07:33", "end": "00:07:38", "text": "and 65. You know, I I would like to see"}, {"start": "00:07:36", "end": "00:07:39", "text": "another low, but it it may never come,"}, {"start": "00:07:38", "end": "00:07:42", "text": "right? So I'm just going to kind of keep"}, {"start": "00:07:39", "end": "00:07:44", "text": "dcaing slowly at these prices. If we go"}, {"start": "00:07:42", "end": "00:07:46", "text": "back down in the 60 range, I'm going to"}, {"start": "00:07:44", "end": "00:07:47", "text": "pick it up a little bit more. If we go"}, {"start": "00:07:46", "end": "00:07:49", "text": "down to the 50 range, you know, I'm"}, {"start": "00:07:47", "end": "00:07:52", "text": "really going to be kind of buying at"}, {"start": "00:07:49", "end": "00:07:54", "text": "that level. Um, you know, the reason the"}, {"start": "00:07:52", "end": "00:07:56", "text": "reason I just, you know, got a little"}, {"start": "00:07:54", "end": "00:07:58", "text": "bit of Salana is just in case, you know,"}, {"start": "00:07:56", "end": "00:08:00", "text": "this bull trend actually, you know,"}, {"start": "00:07:58", "end": "00:08:02", "text": "picks up. You know, it looks like Salana"}, {"start": "00:08:00", "end": "00:08:03", "text": "kind of just marked the start of a bull"}, {"start": "00:08:02", "end": "00:08:05", "text": "trend on the on the weekly. So, I was"}, {"start": "00:08:03", "end": "00:08:07", "text": "like, ah, you know, I'll put in, you"}, {"start": "00:08:05", "end": "00:08:08", "text": "know, a couple grand, you know, nothing"}, {"start": "00:08:07", "end": "00:08:12", "text": "nothing big or nothing major, not a"}, {"start": "00:08:08", "end": "00:08:13", "text": "large kind of thesis or investment. Um,"}, {"start": "00:08:12", "end": "00:08:15", "text": "you know, looking at like kind of"}, {"start": "00:08:13", "end": "00:08:18", "text": "Cardano and, uh, you know, kind of some"}, {"start": "00:08:15", "end": "00:08:20", "text": "of my my change in mind about that. Um,"}, {"start": "00:08:18", "end": "00:08:22", "text": "you know, I look at it and I I do think"}, {"start": "00:08:20", "end": "00:08:25", "text": "that it actually has one of the largest"}, {"start": "00:08:22", "end": "00:08:28", "text": "retail audiences in crypto, right?"}, {"start": "00:08:25", "end": "00:08:30", "text": ">> And, you know, the the big the biggest"}, {"start": "00:08:28", "end": "00:08:33", "text": "mistake that I kind of made looking back"}, {"start": "00:08:30", "end": "00:08:36", "text": "like in 2020, 2021 is I was really I was"}, {"start": "00:08:33", "end": "00:08:39", "text": "trying to be too smart about my"}, {"start": "00:08:36", "end": "00:08:41", "text": "investment in Salana. And, you know, I"}, {"start": "00:08:39", "end": "00:08:44", "text": "bought Salana, I think back when it was"}, {"start": "00:08:41", "end": "00:08:48", "text": "like seven bucks. and I watched it go up"}, {"start": "00:08:44", "end": "00:08:50", "text": "to 25 and the network crashed. Uh, you"}, {"start": "00:08:48", "end": "00:08:52", "text": "know, the the whole network just stopped"}, {"start": "00:08:50", "end": "00:08:55", "text": "working. And somebody that's coming from"}, {"start": "00:08:52", "end": "00:08:58", "text": "Cardano or coming from Bitcoin, you"}, {"start": "00:08:55", "end": "00:08:59", "text": "know, that's that's never happened ever,"}, {"start": "00:08:58", "end": "00:09:01", "text": "right? And then the second thing that"}, {"start": "00:08:59", "end": "00:09:03", "text": "you can look at, at least back then in"}, {"start": "00:09:01", "end": "00:09:06", "text": "2020, it's much better now with Salana."}, {"start": "00:09:03", "end": "00:09:08", "text": "Um, but the the wallets were very uh"}, {"start": "00:09:06", "end": "00:09:10", "text": "centralized. you know, the amount of"}, {"start": "00:09:08", "end": "00:09:14", "text": "people that held Salana, you know, a lot"}, {"start": "00:09:10", "end": "00:09:16", "text": "of it was in like the top five or top 1%"}, {"start": "00:09:14", "end": "00:09:18", "text": "of wallets, and that kind of spooked me"}, {"start": "00:09:16", "end": "00:09:19", "text": "a little bit. That mixed with the"}, {"start": "00:09:18", "end": "00:09:22", "text": "network going down. I'm like, you know"}, {"start": "00:09:19", "end": "00:09:23", "text": "what? I'm going to sell all my Salana 25"}, {"start": "00:09:22", "end": "00:09:25", "text": "bucks. I'm going to get out of this."}, {"start": "00:09:23", "end": "00:09:26", "text": "And, you know, that that's kind of one"}, {"start": "00:09:25", "end": "00:09:29", "text": "of the biggest lessons I've ever had"}, {"start": "00:09:26", "end": "00:09:31", "text": "because I was I was being too smart. You"}, {"start": "00:09:29", "end": "00:09:33", "text": "know, I was like looking at numbers and"}, {"start": "00:09:31", "end": "00:09:35", "text": "looking at, you know, the foundation and"}, {"start": "00:09:33", "end": "00:09:37", "text": "being like, \"Oh, this isn't going to"}, {"start": "00:09:35", "end": "00:09:39", "text": "work out. too many people hold too much,"}, {"start": "00:09:37", "end": "00:09:41", "text": "you know, the network crashes. That just"}, {"start": "00:09:39", "end": "00:09:43", "text": "shouldn't happen in blockchain. And then"}, {"start": "00:09:41", "end": "00:09:46", "text": "it went on, you know, to be one of the"}, {"start": "00:09:43", "end": "00:09:48", "text": "the largest gainers of the the cycle."}, {"start": "00:09:46", "end": "00:09:51", "text": "And then also the institutional plays"}, {"start": "00:09:48", "end": "00:09:53", "text": "that they've made lately are are insane."}, {"start": "00:09:51", "end": "00:09:55", "text": "You know, the past four years, the"}, {"start": "00:09:53", "end": "00:09:58", "text": "business development team at Salana is"}, {"start": "00:09:55", "end": "00:10:00", "text": "is great. You know, it's it's it's even"}, {"start": "00:09:58", "end": "00:10:02", "text": "better than Ethereum, right? And"}, {"start": "00:10:00", "end": "00:10:05", "text": "Ethereum has a lot more a lot more"}, {"start": "00:10:02", "end": "00:10:06", "text": "money. Um, you know, so"}, {"start": "00:10:05", "end": "00:10:08", "text": "You know, that's kind of, you know, that"}, {"start": "00:10:06", "end": "00:10:11", "text": "leads me into this Cardano thing a"}, {"start": "00:10:08", "end": "00:10:13", "text": "little bit. You know, what I'm seeing on"}, {"start": "00:10:11", "end": "00:10:14", "text": "the Cardano side is I'm seeing uh, you"}, {"start": "00:10:13", "end": "00:10:18", "text": "know, there's essentially a treasury"}, {"start": "00:10:14", "end": "00:10:21", "text": "with about, you know, 1.2 billion ADA in"}, {"start": "00:10:18", "end": "00:10:23", "text": "it right now. And this ADA has never"}, {"start": "00:10:21", "end": "00:10:26", "text": "actually touched circulation before."}, {"start": "00:10:23", "end": "00:10:28", "text": "There was a hard fork that happened"}, {"start": "00:10:26", "end": "00:10:30", "text": "about a year and a half ago that"}, {"start": "00:10:28", "end": "00:10:32", "text": "unlocked the treasury that allows"}, {"start": "00:10:30", "end": "00:10:36", "text": "decentralized voting from something"}, {"start": "00:10:32", "end": "00:10:39", "text": "called a DREP. And these DREPs can can"}, {"start": "00:10:36", "end": "00:10:41", "text": "vote on where this money goes, right?"}, {"start": "00:10:39", "end": "00:10:44", "text": "And you know, essentially in the past"}, {"start": "00:10:41", "end": "00:10:47", "text": "couple of years, they've spent off the"}, {"start": "00:10:44", "end": "00:10:49", "text": "top of my head maybe about 700 800 900"}, {"start": "00:10:47", "end": "00:10:52", "text": "million ADA. And I look at where that"}, {"start": "00:10:49", "end": "00:10:55", "text": "money is flowing and it's it's flowing"}, {"start": "00:10:52", "end": "00:10:58", "text": "towards kind of this technical, you"}, {"start": "00:10:55", "end": "00:11:00", "text": "know, research uh you know, these these"}, {"start": "00:10:58", "end": "00:11:02", "text": "like, you know, good things for the"}, {"start": "00:11:00", "end": "00:11:04", "text": "world because Cardano is open source."}, {"start": "00:11:02", "end": "00:11:05", "text": "all the work that's done open source."}, {"start": "00:11:04", "end": "00:11:07", "text": "You know, you can see Ethereum kind of"}, {"start": "00:11:05", "end": "00:11:11", "text": "using some of this open source work,"}, {"start": "00:11:07", "end": "00:11:13", "text": "talking about moving to UTXO, but you"}, {"start": "00:11:11", "end": "00:11:15", "text": "know, the the revenue isn't there with"}, {"start": "00:11:13", "end": "00:11:18", "text": "Cardano, right? I think, you know, in"}, {"start": "00:11:15", "end": "00:11:20", "text": "the past year, it's made like maybe 3 4"}, {"start": "00:11:18", "end": "00:11:22", "text": "million ADA. So, we're looking at a"}, {"start": "00:11:20", "end": "00:11:25", "text": "blockchain that's maybe made, you know,"}, {"start": "00:11:22", "end": "00:11:30", "text": "6 to 10 million ADA in in two years, but"}, {"start": "00:11:25", "end": "00:11:33", "text": "has spent 800 to 900 million ADA on uh,"}, {"start": "00:11:30", "end": "00:11:35", "text": "you know, AC on on items that aren't"}, {"start": "00:11:33", "end": "00:11:38", "text": "directly going to lead to users or"}, {"start": "00:11:35", "end": "00:11:40", "text": "adoption, right? So, but you know, the"}, {"start": "00:11:38", "end": "00:11:43", "text": "reason I brought up the Salana thing is"}, {"start": "00:11:40", "end": "00:11:45", "text": "this might be me just being too smart,"}, {"start": "00:11:43", "end": "00:11:48", "text": "right? I'm looking at where the money's"}, {"start": "00:11:45", "end": "00:11:50", "text": "going. I'm looking at the expenditure on"}, {"start": "00:11:48", "end": "00:11:51", "text": "Cardono and thinking, \"Oh, well, this"}, {"start": "00:11:50", "end": "00:11:53", "text": "doesn't make sense. The money that's"}, {"start": "00:11:51", "end": "00:11:55", "text": "being spent is not being spent on things"}, {"start": "00:11:53", "end": "00:11:58", "text": "that directly lead to users and"}, {"start": "00:11:55", "end": "00:11:59", "text": "adoption. So, because of that, it's not"}, {"start": "00:11:58", "end": "00:12:01", "text": "going to get users and adoption, and the"}, {"start": "00:11:59", "end": "00:12:03", "text": "price is not going to go up because when"}, {"start": "00:12:01", "end": "00:12:05", "text": "you're spending this money, it's"}, {"start": "00:12:03", "end": "00:12:06", "text": "inflation, right? You're you're"}, {"start": "00:12:05", "end": "00:12:08", "text": "essentially inflating the retail"}, {"start": "00:12:06", "end": "00:12:11", "text": "holders. you know, Cardano's biggest"}, {"start": "00:12:08", "end": "00:12:13", "text": "superpower in my opinion is its large"}, {"start": "00:12:11", "end": "00:12:15", "text": "retail audience that actually does, in"}, {"start": "00:12:13", "end": "00:12:18", "text": "my opinion, compete with Salana and"}, {"start": "00:12:15", "end": "00:12:21", "text": "Ethereum. And um, you know, looking at"}, {"start": "00:12:18", "end": "00:12:24", "text": "that, all of its biggest superpower is"}, {"start": "00:12:21", "end": "00:12:26", "text": "being inflated for things that aren't"}, {"start": "00:12:24", "end": "00:12:28", "text": "going to lead to more users and"}, {"start": "00:12:26", "end": "00:12:30", "text": "adoption. So, to me, that kind of means"}, {"start": "00:12:28", "end": "00:12:31", "text": "in the in the long term, you know, the"}, {"start": "00:12:30", "end": "00:12:33", "text": "price isn't going to going to go up"}, {"start": "00:12:31", "end": "00:12:35", "text": "because there isn't users or adoption."}, {"start": "00:12:33", "end": "00:12:38", "text": "But as we've seen over the past few"}, {"start": "00:12:35", "end": "00:12:42", "text": "cycles, not everything here really has"}, {"start": "00:12:38", "end": "00:12:45", "text": "to make sense, right? You know, Cardono"}, {"start": "00:12:42", "end": "00:12:47", "text": "is a well-known cryptocurrency. So, you"}, {"start": "00:12:45", "end": "00:12:49", "text": "know, if we see the US government, you"}, {"start": "00:12:47", "end": "00:12:51", "text": "know, lower interest rates and we get"}, {"start": "00:12:49", "end": "00:12:53", "text": "into this kind of free money environment"}, {"start": "00:12:51", "end": "00:12:55", "text": "again where there's money flowing"}, {"start": "00:12:53", "end": "00:12:58", "text": "everywhere and everyone's looking to,"}, {"start": "00:12:55", "end": "00:13:00", "text": "you know, buy the next big run, you"}, {"start": "00:12:58", "end": "00:13:02", "text": "know, there is a world that even though,"}, {"start": "00:13:00", "end": "00:13:05", "text": "you know, the the numbers don't make"}, {"start": "00:13:02", "end": "00:13:09", "text": "sense to me spending 800 900 million ADA"}, {"start": "00:13:05", "end": "00:13:11", "text": "but only making 8 to 10 million ADA, um,"}, {"start": "00:13:09", "end": "00:13:12", "text": "you know, but it doesn't have to make"}, {"start": "00:13:11", "end": "00:13:15", "text": "sense. So, it didn't make sense to me"}, {"start": "00:13:12", "end": "00:13:18", "text": "with with Salana, right? Um, but as an"}, {"start": "00:13:15", "end": "00:13:20", "text": "investor, I look at the last cycle and"}, {"start": "00:13:18", "end": "00:13:24", "text": "one thing stuck out to or stuck out to"}, {"start": "00:13:20", "end": "00:13:25", "text": "me and it was it was Bitcoin, right?"}, {"start": "00:13:24", "end": "00:13:27", "text": ">> Wow. Um,"}, {"start": "00:13:25", "end": "00:13:29", "text": ">> I gotta tell you, Peyton, this was not"}, {"start": "00:13:27", "end": "00:13:31", "text": "on my on my bingo card and I I I think"}, {"start": "00:13:29", "end": "00:13:33", "text": "I've said that like 20 times today, but"}, {"start": "00:13:31", "end": "00:13:35", "text": "for but but for you what, you know, when"}, {"start": "00:13:33", "end": "00:13:38", "text": "you were, you know, big into into"}, {"start": "00:13:35", "end": "00:13:41", "text": "Cardano and it made sense and I"}, {"start": "00:13:38", "end": "00:13:43", "text": "appreciate what Cardano was able to do,"}, {"start": "00:13:41", "end": "00:13:45", "text": "which, you know, when they did their ICO"}, {"start": "00:13:43", "end": "00:13:48", "text": "when they released everything, it wasn't"}, {"start": "00:13:45", "end": "00:13:51", "text": "uh VC funded, it wasn't backed and they"}, {"start": "00:13:48", "end": "00:13:52", "text": "wasn't they it wasn't pre-allocation and"}, {"start": "00:13:51", "end": "00:13:54", "text": "it was a big thing and it was a great"}, {"start": "00:13:52", "end": "00:13:56", "text": "win, I think, for the individual. But"}, {"start": "00:13:54", "end": "00:13:57", "text": "then moving forward, it's like every"}, {"start": "00:13:56", "end": "00:13:59", "text": "business that's out there. Every single"}, {"start": "00:13:57", "end": "00:14:02", "text": "business, there are great businesses out"}, {"start": "00:13:59", "end": "00:14:04", "text": "there that have fantastic staff, have a"}, {"start": "00:14:02", "end": "00:14:06", "text": "fantastic network, have a great product,"}, {"start": "00:14:04", "end": "00:14:08", "text": "and for some reason, they just don't"}, {"start": "00:14:06", "end": "00:14:10", "text": "make it for whatever reason. There are"}, {"start": "00:14:08", "end": "00:14:11", "text": "certain aspects of every business that"}, {"start": "00:14:10", "end": "00:14:13", "text": "have to flow. And they don't have to be"}, {"start": "00:14:11", "end": "00:14:15", "text": "fantastic and perfect, but there if"}, {"start": "00:14:13", "end": "00:14:17", "text": "there is a lagard in one section of"}, {"start": "00:14:15", "end": "00:14:19", "text": "that, it affects the whole business"}, {"start": "00:14:17", "end": "00:14:20", "text": "itself. I think when you talk about, you"}, {"start": "00:14:19", "end": "00:14:22", "text": "know, the treasury that's out there and"}, {"start": "00:14:20", "end": "00:14:23", "text": "how much it should actually touch and"}, {"start": "00:14:22", "end": "00:14:26", "text": "how much it actually be pushed out"}, {"start": "00:14:23", "end": "00:14:28", "text": "there. I think that was a big thing and"}, {"start": "00:14:26", "end": "00:14:29", "text": "I just uh I look at it and you know,"}, {"start": "00:14:28", "end": "00:14:32", "text": "you're right. You know, I take a look at"}, {"start": "00:14:29", "end": "00:14:34", "text": "Salon. I the Salana time for me was I"}, {"start": "00:14:32", "end": "00:14:36", "text": "remember I did a giveaway and we did a"}, {"start": "00:14:34", "end": "00:14:38", "text": "it was like the Ethereum memecoin. I"}, {"start": "00:14:36", "end": "00:14:42", "text": "forgot the hell it was, but anyhow, it"}, {"start": "00:14:38", "end": "00:14:44", "text": "uh it was slow and it was expensive."}, {"start": "00:14:42", "end": "00:14:46", "text": "This was just a couple of year about a"}, {"start": "00:14:44", "end": "00:14:48", "text": "year and a half ago or so. And I did one"}, {"start": "00:14:46", "end": "00:14:50", "text": "with Salana Salana coins. It was super"}, {"start": "00:14:48", "end": "00:14:52", "text": "cheap and it was super fast and I'll be"}, {"start": "00:14:50", "end": "00:14:54", "text": "damned if it just did just worked. And"}, {"start": "00:14:52", "end": "00:14:56", "text": "from there I'm like that makes a lot of"}, {"start": "00:14:54", "end": "00:14:57", "text": "sense. And now we see like what you talk"}, {"start": "00:14:56", "end": "00:14:59", "text": "about the adoption that's going on with"}, {"start": "00:14:57", "end": "00:15:01", "text": "Salana and things like that. But you"}, {"start": "00:14:59", "end": "00:15:03", "text": "know it is an interesting case that you"}, {"start": "00:15:01", "end": "00:15:06", "text": "talk about and I can see where you know"}, {"start": "00:15:03", "end": "00:15:08", "text": "your point coming home with uh what"}, {"start": "00:15:06", "end": "00:15:11", "text": "actually works, what doesn't and what's"}, {"start": "00:15:08", "end": "00:15:13", "text": "adopting. So yeah, thank you for that."}, {"start": "00:15:11", "end": "00:15:15", "text": "Yeah, I kind of look at, you know, all"}, {"start": "00:15:13", "end": "00:15:17", "text": "of these different, you know, top 10,"}, {"start": "00:15:15", "end": "00:15:20", "text": "top 20 cryptocurrencies as different"}, {"start": "00:15:17", "end": "00:15:23", "text": "technological tradeoffs, right? And"}, {"start": "00:15:20", "end": "00:15:24", "text": "Cardono went more in kind of the e"}, {"start": "00:15:23", "end": "00:15:27", "text": "egalitarian,"}, {"start": "00:15:24", "end": "00:15:30", "text": "you know, kind of grassroots movement"}, {"start": "00:15:27", "end": "00:15:32", "text": "style. And ultimately, you know, why are"}, {"start": "00:15:30", "end": "00:15:34", "text": "people coming into crypto? There's the"}, {"start": "00:15:32", "end": "00:15:36", "text": "first reason which Bitcoin's already"}, {"start": "00:15:34", "end": "00:15:38", "text": "solved, which is just having financial"}, {"start": "00:15:36", "end": "00:15:40", "text": "sovereignty. you know, you can move"}, {"start": "00:15:38", "end": "00:15:42", "text": "across the border with a million dollars"}, {"start": "00:15:40", "end": "00:15:43", "text": "that you remember in your brain with a"}, {"start": "00:15:42", "end": "00:15:45", "text": "seed phrase, right? So, Bitcoin's"}, {"start": "00:15:43", "end": "00:15:48", "text": "already solved that."}, {"start": "00:15:45", "end": "00:15:50", "text": ">> Um, the second reason is just to make"}, {"start": "00:15:48", "end": "00:15:50", "text": "money. And"}, {"start": "00:15:50", "end": "00:15:52", "text": ">> there you go."}, {"start": "00:15:50", "end": "00:15:54", "text": ">> You know,"}, {"start": "00:15:52", "end": "00:15:57", "text": "you don't need"}, {"start": "00:15:54", "end": "00:16:00", "text": "um, you know, a a completely"}, {"start": "00:15:57", "end": "00:16:02", "text": "decentralized system to make money. You"}, {"start": "00:16:00", "end": "00:16:04", "text": "just need to make money. You know what I"}, {"start": "00:16:02", "end": "00:16:06", "text": "mean? Um, so I I look at, you know,"}, {"start": "00:16:04", "end": "00:16:09", "text": "Salana, you know, I look at, you know,"}, {"start": "00:16:06", "end": "00:16:11", "text": "other layer 2's launching. I just I"}, {"start": "00:16:09", "end": "00:16:14", "text": "think that, you know, we're at this like"}, {"start": "00:16:11", "end": "00:16:16", "text": "inflection point between Trafi and"}, {"start": "00:16:14", "end": "00:16:19", "text": "cryptocurrency where they ultimately"}, {"start": "00:16:16", "end": "00:16:21", "text": "become one. And, you know, with that"}, {"start": "00:16:19", "end": "00:16:23", "text": "inflection point, the only reason people"}, {"start": "00:16:21", "end": "00:16:25", "text": "are going to complicate their life,"}, {"start": "00:16:23", "end": "00:16:26", "text": "because let's let's be honest, crypto is"}, {"start": "00:16:25", "end": "00:16:28", "text": "a little complicated. these seed"}, {"start": "00:16:26", "end": "00:16:30", "text": "phrases, these hacks all the times, the"}, {"start": "00:16:28", "end": "00:16:32", "text": "scams. The only reason people are going"}, {"start": "00:16:30", "end": "00:16:35", "text": "to deal with this added risk"}, {"start": "00:16:32", "end": "00:16:37", "text": ">> is if they're making money. And you"}, {"start": "00:16:35", "end": "00:16:41", "text": "know, you don't, you know, truly need a"}, {"start": "00:16:37", "end": "00:16:42", "text": "decentralized system to to make money."}, {"start": "00:16:41", "end": "00:16:44", "text": "You know, people are just going to"}, {"start": "00:16:42", "end": "00:16:47", "text": "interact with these systems to make"}, {"start": "00:16:44", "end": "00:16:50", "text": "money rather than have this kind of like"}, {"start": "00:16:47", "end": "00:16:52", "text": "a egalitarian like idealistic uh"}, {"start": "00:16:50", "end": "00:16:55", "text": "approach to it, you know. And I think"}, {"start": "00:16:52", "end": "00:16:57", "text": "that, you know, we are going to see, you"}, {"start": "00:16:55", "end": "00:16:59", "text": "know, large institutions like like JP"}, {"start": "00:16:57", "end": "00:17:01", "text": "Morgan and Chase, you know, all of the"}, {"start": "00:16:59", "end": "00:17:03", "text": "institutions you've heard of, they're"}, {"start": "00:17:01", "end": "00:17:05", "text": "just going to create their own their own"}, {"start": "00:17:03", "end": "00:17:07", "text": "wallet. They're already creating their"}, {"start": "00:17:05", "end": "00:17:09", "text": "own stable coins and everyone is kind of"}, {"start": "00:17:07", "end": "00:17:13", "text": "going to eventually be forced, you know,"}, {"start": "00:17:09", "end": "00:17:15", "text": "onto this new system. And the only way"}, {"start": "00:17:13", "end": "00:17:17", "text": "that you know something like Cardano or"}, {"start": "00:17:15", "end": "00:17:20", "text": "or Algarand or any of these kind of"}, {"start": "00:17:17", "end": "00:17:23", "text": "grassroots egalitarian approaches are"}, {"start": "00:17:20", "end": "00:17:26", "text": "going to work is if there's enough users"}, {"start": "00:17:23", "end": "00:17:29", "text": "there, enough of a retail audience for"}, {"start": "00:17:26", "end": "00:17:32", "text": "these larger institutions to integrate"}, {"start": "00:17:29", "end": "00:17:35", "text": "these systems to be able to make money"}, {"start": "00:17:32", "end": "00:17:37", "text": "from these retail audiences. And I and I"}, {"start": "00:17:35", "end": "00:17:40", "text": "think that, you know, Bitcoin it's"}, {"start": "00:17:37", "end": "00:17:44", "text": "there, Ethereum, it's there, Salana has"}, {"start": "00:17:40", "end": "00:17:45", "text": "a decent shot, right? You know, Cardano,"}, {"start": "00:17:44", "end": "00:17:47", "text": "it could it could be, but the retail"}, {"start": "00:17:45", "end": "00:17:49", "text": "audience there, they need to, you know,"}, {"start": "00:17:47", "end": "00:17:52", "text": "keep growing and and keep making money."}, {"start": "00:17:49", "end": "00:17:55", "text": "And uh but that's kind of my my general"}, {"start": "00:17:52", "end": "00:17:57", "text": "thesis right now is crypto and Trafi are"}, {"start": "00:17:55", "end": "00:18:00", "text": "merging. And the only way that some of"}, {"start": "00:17:57", "end": "00:18:02", "text": "these blockchains stay around is they"}, {"start": "00:18:00", "end": "00:18:05", "text": "have a large retail audience that the"}, {"start": "00:18:02", "end": "00:18:06", "text": "banks think they can make money off of"}, {"start": "00:18:05", "end": "00:18:08", "text": "so that these blockchains are"}, {"start": "00:18:06", "end": "00:18:11", "text": "integrated, you know, with this leg"}, {"start": "00:18:08", "end": "00:18:13", "text": "legacy infrastructure that is evolving."}, {"start": "00:18:11", "end": "00:18:15", "text": ">> Yeah. And you know what, great points"}, {"start": "00:18:13", "end": "00:18:17", "text": "and and I I I will touch back on one of"}, {"start": "00:18:15", "end": "00:18:18", "text": "the things you said about the banks. We"}, {"start": "00:18:17", "end": "00:18:21", "text": "covered this yesterday. There's 21"}, {"start": "00:18:18", "end": "00:18:23", "text": "banks. I actually and me and Randy were"}, {"start": "00:18:21", "end": "00:18:25", "text": "talking about this. There's 21 banks"}, {"start": "00:18:23", "end": "00:18:26", "text": "that are coming in. the JP Morgans, the"}, {"start": "00:18:25", "end": "00:18:28", "text": "City Banks, they're all coming together"}, {"start": "00:18:26", "end": "00:18:30", "text": "to really to create that stable coin"}, {"start": "00:18:28", "end": "00:18:31", "text": "because you know what? We can't do the"}, {"start": "00:18:30", "end": "00:18:34", "text": "Clarity Act because that's not a part of"}, {"start": "00:18:31", "end": "00:18:35", "text": "us. We want to control the narrative."}, {"start": "00:18:34", "end": "00:18:36", "text": "And because of that, they're going to"}, {"start": "00:18:35", "end": "00:18:38", "text": "create their own stable. They're going"}, {"start": "00:18:36", "end": "00:18:40", "text": "to have their own US dollar. But I said"}, {"start": "00:18:38", "end": "00:18:41", "text": "I said this yesterday and I stick with"}, {"start": "00:18:40", "end": "00:18:44", "text": "it and it was something you just touched"}, {"start": "00:18:41", "end": "00:18:46", "text": "on about retail and the people that are"}, {"start": "00:18:44", "end": "00:18:48", "text": "behind it. It is. If you've ever worked"}, {"start": "00:18:46", "end": "00:18:49", "text": "in a big conglomerate, a big"}, {"start": "00:18:48", "end": "00:18:51", "text": "corporation, it's tough to get anything"}, {"start": "00:18:49", "end": "00:18:53", "text": "moving to go through because you have to"}, {"start": "00:18:51", "end": "00:18:55", "text": "go through middle manager Steve, then"}, {"start": "00:18:53", "end": "00:18:56", "text": "you got to go through mid-tier manager"}, {"start": "00:18:55", "end": "00:18:58", "text": "Pete, then you got to go through the"}, {"start": "00:18:56", "end": "00:19:00", "text": "branch manager, and then kind of get"}, {"start": "00:18:58", "end": "00:19:02", "text": "everything going. And it's a big slog"}, {"start": "00:19:00", "end": "00:19:04", "text": "and it's a problem. As we take a look at"}, {"start": "00:19:02", "end": "00:19:08", "text": "as far as like payments, I think that"}, {"start": "00:19:04", "end": "00:19:09", "text": "banks have a step up, but they've failed"}, {"start": "00:19:08", "end": "00:19:12", "text": "at other things as far as like payments"}, {"start": "00:19:09", "end": "00:19:13", "text": "and applications. Now, Swift we know is"}, {"start": "00:19:12", "end": "00:19:16", "text": "the big daddy out there and it's been"}, {"start": "00:19:13", "end": "00:19:18", "text": "around since 1966. But as far as like"}, {"start": "00:19:16", "end": "00:19:20", "text": "getting anything new and to actually"}, {"start": "00:19:18", "end": "00:19:22", "text": "make it, Visa, Mastercard did a great"}, {"start": "00:19:20", "end": "00:19:25", "text": "job. Apple private organization, same"}, {"start": "00:19:22", "end": "00:19:28", "text": "thing. Stripe and PayPal, another ones."}, {"start": "00:19:25", "end": "00:19:30", "text": "The one here that is in in this session"}, {"start": "00:19:28", "end": "00:19:31", "text": "that we're talking about is Zel and that"}, {"start": "00:19:30", "end": "00:19:33", "text": "is a group of banks that got together"}, {"start": "00:19:31", "end": "00:19:36", "text": "and says we should do payments. Sure,"}, {"start": "00:19:33", "end": "00:19:38", "text": "they're going to have their peace, but I"}, {"start": "00:19:36", "end": "00:19:39", "text": "think that the individual and the"}, {"start": "00:19:38", "end": "00:19:41", "text": "private organizations and of course"}, {"start": "00:19:39", "end": "00:19:43", "text": "hopefully these stable coins we're using"}, {"start": "00:19:41", "end": "00:19:46", "text": "will actually move forward. So, that's"}, {"start": "00:19:43", "end": "00:19:47", "text": "how I kind of see it. Payton's right. I"}, {"start": "00:19:46", "end": "00:19:49", "text": "think they're going to they're going to"}, {"start": "00:19:47", "end": "00:19:51", "text": "get theirs, but I think on the on the"}, {"start": "00:19:49", "end": "00:19:53", "text": "end, individuals are going to create"}, {"start": "00:19:51", "end": "00:19:54", "text": "something great. And then Payton, before"}, {"start": "00:19:53", "end": "00:19:57", "text": "we get out of here, you had a good point"}, {"start": "00:19:54", "end": "00:19:59", "text": "and you're talking about Andrew J and he"}, {"start": "00:19:57", "end": "00:20:02", "text": "did I say it J? He's the one that was"}, {"start": "00:19:59", "end": "00:20:04", "text": "talking about AI and uh and the uh"}, {"start": "00:20:02", "end": "00:20:05", "text": "theory. Just lay out the theory and then"}, {"start": "00:20:04", "end": "00:20:07", "text": "then we'll get out of here."}, {"start": "00:20:05", "end": "00:20:09", "text": ">> Yeah, this is this is a bit of a"}, {"start": "00:20:07", "end": "00:20:11", "text": "conspiracy. Make sure you check out this"}, {"start": "00:20:09", "end": "00:20:14", "text": "video from Yeah, me too. But it was from"}, {"start": "00:20:11", "end": "00:20:16", "text": "Andre uh Dick and he he's going to cover"}, {"start": "00:20:14", "end": "00:20:18", "text": "it way better than I do in this short"}, {"start": "00:20:16", "end": "00:20:20", "text": "segment, but he raised an interesting"}, {"start": "00:20:18", "end": "00:20:22", "text": "theory on his video last night. And you"}, {"start": "00:20:20", "end": "00:20:24", "text": "know, we we look at the the Genius Act"}, {"start": "00:20:22", "end": "00:20:26", "text": "that was passed last year. You know, we"}, {"start": "00:20:24", "end": "00:20:28", "text": "look at the Clarity Act that they're"}, {"start": "00:20:26", "end": "00:20:30", "text": "trying to get through. you know, it's"}, {"start": "00:20:28", "end": "00:20:33", "text": "obvious that they, you know, they want"}, {"start": "00:20:30", "end": "00:20:35", "text": "to move, you know, everyday US citizens,"}, {"start": "00:20:33", "end": "00:20:38", "text": "you know, essentially onchain through"}, {"start": "00:20:35", "end": "00:20:40", "text": "these stable coins. And a big piece of"}, {"start": "00:20:38", "end": "00:20:42", "text": "the the clarity and the genius act was,"}, {"start": "00:20:40", "end": "00:20:46", "text": "you know, essentially removing, you"}, {"start": "00:20:42", "end": "00:20:49", "text": "know, individuals ability from getting"}, {"start": "00:20:46", "end": "00:20:52", "text": "the yield on your stable coin. You know,"}, {"start": "00:20:49", "end": "00:20:55", "text": "right now, if you have USDC in in"}, {"start": "00:20:52", "end": "00:20:58", "text": "Coinbase, you can earn a yield on it."}, {"start": "00:20:55", "end": "00:20:59", "text": "you know, you can earn like 3.5%, you"}, {"start": "00:20:58", "end": "00:21:01", "text": "know, you can say, \"Give me Bitcoin"}, {"start": "00:20:59", "end": "00:21:03", "text": "every month for it.\" But, you know, big"}, {"start": "00:21:01", "end": "00:21:05", "text": "big thing that the banks are, you know,"}, {"start": "00:21:03", "end": "00:21:07", "text": "kind of fighting for is removing that"}, {"start": "00:21:05", "end": "00:21:09", "text": "yield away. And that the only person"}, {"start": "00:21:07", "end": "00:21:12", "text": "that can ultimately earn the yield is"}, {"start": "00:21:09", "end": "00:21:14", "text": "the the bank itself, right? And, you"}, {"start": "00:21:12", "end": "00:21:16", "text": "know, we just saw the the US debt pass"}, {"start": "00:21:14", "end": "00:21:19", "text": "40 trillion over the past couple of"}, {"start": "00:21:16", "end": "00:21:21", "text": "weeks. And, um, you know, the government"}, {"start": "00:21:19", "end": "00:21:23", "text": "kind of has to has to deal with this in"}, {"start": "00:21:21", "end": "00:21:24", "text": "some capacity. and they also want to"}, {"start": "00:21:23", "end": "00:21:27", "text": "move everyone over to this digital"}, {"start": "00:21:24", "end": "00:21:29", "text": "system. So, what he suggests in this"}, {"start": "00:21:27", "end": "00:21:30", "text": "video is that, you know, with the"}, {"start": "00:21:29", "end": "00:21:34", "text": "emergence of AI, you know, we're seeing"}, {"start": "00:21:30", "end": "00:21:36", "text": "the the chat GPT thing a week ago or"}, {"start": "00:21:34", "end": "00:21:39", "text": "this rogue agent, you know, kind of got"}, {"start": "00:21:36", "end": "00:21:42", "text": "out and and had some trouble in in"}, {"start": "00:21:39", "end": "00:21:43", "text": "another company's system. And um you"}, {"start": "00:21:42", "end": "00:21:46", "text": "know what he's kind of suggesting in"}, {"start": "00:21:43", "end": "00:21:48", "text": "this video is that you know there could"}, {"start": "00:21:46", "end": "00:21:50", "text": "be a a chance that to kind of get"}, {"start": "00:21:48", "end": "00:21:53", "text": "everyone into this new financial system"}, {"start": "00:21:50", "end": "00:21:56", "text": "to get everybody onto stable coins that"}, {"start": "00:21:53", "end": "00:21:58", "text": "there is some you know big big hack you"}, {"start": "00:21:56", "end": "00:22:00", "text": "know big um you know banking hack uh"}, {"start": "00:21:58", "end": "00:22:02", "text": "where you know nobody has access to"}, {"start": "00:22:00", "end": "00:22:04", "text": "their funds anymore and the only way"}, {"start": "00:22:02", "end": "00:22:07", "text": "that we'll ultimately you know kind of"}, {"start": "00:22:04", "end": "00:22:10", "text": "get moved into the stable coin system is"}, {"start": "00:22:07", "end": "00:22:12", "text": "if we you know we lose all we lost all"}, {"start": "00:22:10", "end": "00:22:13", "text": "of our money in our bank account. So now"}, {"start": "00:22:12", "end": "00:22:15", "text": "to get our money back, you know, we have"}, {"start": "00:22:13", "end": "00:22:18", "text": "to click some buttons and open up a new"}, {"start": "00:22:15", "end": "00:22:20", "text": "account kind of in this new system to"}, {"start": "00:22:18", "end": "00:22:24", "text": "kind of force us all over there. But,"}, {"start": "00:22:20", "end": "00:22:26", "text": "you know, after World War II,"}, {"start": "00:22:24", "end": "00:22:28", "text": ">> you know, essentially what what they did"}, {"start": "00:22:26", "end": "00:22:30", "text": "is they they took away the interest from"}, {"start": "00:22:28", "end": "00:22:33", "text": "everyday citizens and they used that"}, {"start": "00:22:30", "end": "00:22:35", "text": "interest to pay off the debt uh you"}, {"start": "00:22:33", "end": "00:22:36", "text": "know, from World War II. So the cash"}, {"start": "00:22:35", "end": "00:22:38", "text": "that you held into your account, you"}, {"start": "00:22:36", "end": "00:22:39", "text": "weren't making money off of it and they"}, {"start": "00:22:38", "end": "00:22:41", "text": "were using that interest that you should"}, {"start": "00:22:39", "end": "00:22:43", "text": "have been earning to kind of pay off"}, {"start": "00:22:41", "end": "00:22:44", "text": "your debt. So that's essentially what"}, {"start": "00:22:43", "end": "00:22:47", "text": "he's suggesting that they're going to"}, {"start": "00:22:44", "end": "00:22:48", "text": "kind of do with this this new system is"}, {"start": "00:22:47", "end": "00:22:50", "text": "kind of, you know, have some big, you"}, {"start": "00:22:48", "end": "00:22:53", "text": "know, catastrophic event. You know, no"}, {"start": "00:22:50", "end": "00:22:54", "text": "one can access their money, but hey, we"}, {"start": "00:22:53", "end": "00:22:56", "text": "can fix it. We have this new system"}, {"start": "00:22:54", "end": "00:22:59", "text": "that's on the blockchain that this can"}, {"start": "00:22:56", "end": "00:23:01", "text": "happen with. uh you know, but you're not"}, {"start": "00:22:59", "end": "00:23:02", "text": "going to earn any interest anymore and"}, {"start": "00:23:01", "end": "00:23:04", "text": "we're going to use that interest to"}, {"start": "00:23:02", "end": "00:23:08", "text": "start kind of paying off this this this"}, {"start": "00:23:04", "end": "00:23:10", "text": "debt. Um you know, he he explains it a"}, {"start": "00:23:08", "end": "00:23:12", "text": "lot better in the video and goes into"}, {"start": "00:23:10", "end": "00:23:14", "text": "the history of the US and how we've"}, {"start": "00:23:12", "end": "00:23:16", "text": "dealt with crisises and before and kind"}, {"start": "00:23:14", "end": "00:23:18", "text": "of what uh the Federal Reserve is"}, {"start": "00:23:16", "end": "00:23:20", "text": "talking about right now, what they've"}, {"start": "00:23:18", "end": "00:23:22", "text": "been talking about over the past couple"}, {"start": "00:23:20", "end": "00:23:23", "text": "of years. And it's just kind of a really"}, {"start": "00:23:22", "end": "00:23:27", "text": "interesting idea that, you know, I'm"}, {"start": "00:23:23", "end": "00:23:29", "text": "just like, hm, you know, um,"}, {"start": "00:23:27", "end": "00:23:30", "text": ">> it is, it is interesting and I can see"}, {"start": "00:23:29", "end": "00:23:32", "text": "it definitely happening, especially if"}, {"start": "00:23:30", "end": "00:23:35", "text": "you like uh, conspiracy theories. That's"}, {"start": "00:23:32", "end": "00:23:37", "text": "a good one. That's a that's a top tier"}, {"start": "00:23:35", "end": "00:23:39", "text": "conspiracy theory. We'll see. And then"}, {"start": "00:23:37", "end": "00:23:40", "text": "last question, we get out of here. I got"}, {"start": "00:23:39", "end": "00:23:42", "text": "another another guy coming in. Payton,"}, {"start": "00:23:40", "end": "00:23:43", "text": "you got any dogs? Got any cats? Got any"}, {"start": "00:23:42", "end": "00:23:46", "text": "pets?"}, {"start": "00:23:43", "end": "00:23:47", "text": ">> Yeah, I actually have two dogs and I"}, {"start": "00:23:46", "end": "00:23:49", "text": "have one cat."}, {"start": "00:23:47", "end": "00:23:52", "text": ">> Um, my my first dog, his name is Mr."}, {"start": "00:23:49", "end": "00:23:53", "text": "Midnight and he's um he's a lab mix."}, {"start": "00:23:52", "end": "00:23:55", "text": ">> Yeah."}, {"start": "00:23:53", "end": "00:23:57", "text": ">> Um I've had him for about 10 years now."}, {"start": "00:23:55", "end": "00:24:00", "text": "You know, I think I got him when I was"}, {"start": "00:23:57", "end": "00:24:01", "text": "about 15 or 16 and uh you know, he's"}, {"start": "00:24:00", "end": "00:24:03", "text": "kind of followed me all the way around"}, {"start": "00:24:01", "end": "00:24:07", "text": "the country that that big guy. And then"}, {"start": "00:24:03", "end": "00:24:10", "text": "my second dog, he's a 16-year-old uh you"}, {"start": "00:24:07", "end": "00:24:12", "text": "know, he's he's like a a poodle, like a"}, {"start": "00:24:10", "end": "00:24:15", "text": "mini poodle mix. So he he only weighs"}, {"start": "00:24:12", "end": "00:24:17", "text": "like eight pounds. He's completely blind"}, {"start": "00:24:15", "end": "00:24:19", "text": "in both eyes, but he still loves his"}, {"start": "00:24:17", "end": "00:24:20", "text": "life. you know, he can't see nothing,"}, {"start": "00:24:19", "end": "00:24:22", "text": "but you know, he rolls around, he's"}, {"start": "00:24:20", "end": "00:24:24", "text": "happy everywhere he goes. You know, he's"}, {"start": "00:24:22", "end": "00:24:26", "text": "not scared of anything. You put him on a"}, {"start": "00:24:24", "end": "00:24:28", "text": "leash and take him on a walk, he's just"}, {"start": "00:24:26", "end": "00:24:30", "text": "running running into darkness, and he"}, {"start": "00:24:28", "end": "00:24:34", "text": "trusts us to to lead him, not into a,"}, {"start": "00:24:30", "end": "00:24:36", "text": "you know, an abyss. So, um, yeah. And"}, {"start": "00:24:34", "end": "00:24:38", "text": "then my my cat, his name uh is"}, {"start": "00:24:36", "end": "00:24:40", "text": "Moonlight, and she's a she's a main kid."}, {"start": "00:24:38", "end": "00:24:42", "text": "But hold on. I got the I got the blind"}, {"start": "00:24:40", "end": "00:24:44", "text": "one right here. Let me grab them for"}, {"start": "00:24:42", "end": "00:24:46", "text": "you."}, {"start": "00:24:44", "end": "00:24:48", "text": "But yeah, this is the the blind mini"}, {"start": "00:24:46", "end": "00:24:52", "text": "poodle right here."}, {"start": "00:24:48", "end": "00:24:54", "text": ">> And then Midnight,"}, {"start": "00:24:52", "end": "00:24:58", "text": "come here. And then this is the the big"}, {"start": "00:24:54", "end": "00:24:59", "text": "guy right here."}, {"start": "00:24:58", "end": "00:25:01", "text": ">> That's a That's a nice looking dog."}, {"start": "00:24:59", "end": "00:25:03", "text": "Yeah, it looks like my other one that I"}, {"start": "00:25:01", "end": "00:25:05", "text": "had used before."}, {"start": "00:25:03", "end": "00:25:07", "text": ">> This is a nice uh This is a nice place"}, {"start": "00:25:05", "end": "00:25:09", "text": "you got there. That's not your house, I"}, {"start": "00:25:07", "end": "00:25:11", "text": "don't think."}, {"start": "00:25:09", "end": "00:25:13", "text": ">> No, it's um it's a place that we've been"}, {"start": "00:25:11", "end": "00:25:15", "text": "working on opening up here. Uh we're"}, {"start": "00:25:13", "end": "00:25:16", "text": "trying to, you know, bring Cabba, uh,"}, {"start": "00:25:15", "end": "00:25:18", "text": "you know, here. So, we've been working"}, {"start": "00:25:16", "end": "00:25:20", "text": "on setting it up. We're not fully open"}, {"start": "00:25:18", "end": "00:25:22", "text": "yet, but we're we're getting there"}, {"start": "00:25:20", "end": "00:25:25", "text": "slowly but surely."}, {"start": "00:25:22", "end": "00:25:28", "text": ">> I love it. Well, listen. Hey, tomorrow"}, {"start": "00:25:25", "end": "00:25:29", "text": "El Tap. Cheers."}, {"start": "00:25:28", "end": "00:25:31", "text": ">> I'll be there."}, {"start": "00:25:29", "end": "00:25:32", "text": ">> Sweet. All right, everybody. So, look,"}, {"start": "00:25:31", "end": "00:25:34", "text": "that will conclude everything with"}, {"start": "00:25:32", "end": "00:25:36", "text": "Peyton. Uh, and again, Peyton, thanks"}, {"start": "00:25:34", "end": "00:25:37", "text": "for coming on. We appreciate it. If you"}, {"start": "00:25:36", "end": "00:25:40", "text": "like some of these things that are going"}, {"start": "00:25:37", "end": "00:25:41", "text": "on and you want to support the uh animal"}, {"start": "00:25:40", "end": "00:25:42", "text": "shelter, there is a link in the"}, {"start": "00:25:41", "end": "00:25:44", "text": "description. [music]"}, {"start": "00:25:42", "end": "00:25:47", "text": "And uh this is why we're doing the 20our"}, {"start": "00:25:44", "end": "00:25:50", "text": "time frame. 20 hours to 200k. We're damn"}, {"start": "00:25:47", "end": "00:25:52", "text": "we're almost 12%. Looking good. So we"}, {"start": "00:25:50", "end": "00:25:54", "text": "got another I don't know 12 hours to go"}, {"start": "00:25:52", "end": "00:25:56", "text": "or something like that. But that is it"}, {"start": "00:25:54", "end": "00:26:00", "text": "for that one. Payton, we appreciate you"}, {"start": "00:25:56", "end": "00:26:00", "text": "you stopping by."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "And that's good. But on the same side of"}, {"start": "00:00:02", "end": "00:00:08", "text": "it, I will say one thing, which is uh"}, {"start": "00:00:05", "end": "00:00:10", "text": "Blockstream messed up. They're the ones"}, {"start": "00:00:08", "end": "00:00:14", "text": "that should have been protecting their"}, {"start": "00:00:10", "end": "00:00:18", "text": "product and they didn't. So yeah, I"}, {"start": "00:00:14", "end": "00:00:19", "text": "think 400 or 590 Bitcoin is extortion,"}, {"start": "00:00:18", "end": "00:00:22", "text": "but it's not like these guys are off the"}, {"start": "00:00:19", "end": "00:00:24", "text": "hook. You know, if it wasn't for these"}, {"start": "00:00:22", "end": "00:00:26", "text": "white hat hackers giving giving back"}, {"start": "00:00:24", "end": "00:00:28", "text": "3,400,"}, {"start": "00:00:26", "end": "00:00:30", "text": "they would have lost it all. Take a look"}, {"start": "00:00:28", "end": "00:00:31", "text": "at uh Cold Card. So to me, I took a look"}, {"start": "00:00:30", "end": "00:00:33", "text": "at this. I'm like, that's a positive"}, {"start": "00:00:31", "end": "00:00:35", "text": "thing and good for them. But in all"}, {"start": "00:00:33", "end": "00:00:36", "text": "honesty,"}, {"start": "00:00:35", "end": "00:00:38", "text": "they're the ones that made the mistake"}, {"start": "00:00:36", "end": "00:00:39", "text": "and they're the ones that allow the"}, {"start": "00:00:38", "end": "00:00:40", "text": "hackers to do it and they're the ones"}, {"start": "00:00:39", "end": "00:00:43", "text": "that lost those funds. They actually"}, {"start": "00:00:40", "end": "00:00:45", "text": "should pay these guys a little bit for"}, {"start": "00:00:43", "end": "00:00:47", "text": "doing that service and helping them out."}, {"start": "00:00:45", "end": "00:00:47", "text": "And now"}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Hello everybody. Welcome to the Sunday"}, {"start": "00:00:02", "end": "00:00:06", "text": "live stream. We got Jerry coming in in a"}, {"start": "00:00:04", "end": "00:00:07", "text": "bit. So, let's just roll into it because"}, {"start": "00:00:06", "end": "00:00:11", "text": "we got a lot of things to go over. So,"}, {"start": "00:00:07", "end": "00:00:12", "text": "let's just jump right into the info. So,"}, {"start": "00:00:11", "end": "00:00:13", "text": "just like the title and thumbnail"}, {"start": "00:00:12", "end": "00:00:15", "text": "suggests, we're taking a look at a"}, {"start": "00:00:13", "end": "00:00:17", "text": "couple of things. First, which is the"}, {"start": "00:00:15", "end": "00:00:19", "text": "big boogeyman out there, which is the"}, {"start": "00:00:17", "end": "00:00:21", "text": "rate hikes. And it looks like it's not"}, {"start": "00:00:19", "end": "00:00:23", "text": "going to be one rate hike, not even two."}, {"start": "00:00:21", "end": "00:00:27", "text": "Looks like three rate hikes are on the"}, {"start": "00:00:23", "end": "00:00:28", "text": "table. And that is moving forward uh"}, {"start": "00:00:27", "end": "00:00:30", "text": "because there's only three meetings for"}, {"start": "00:00:28", "end": "00:00:33", "text": "the Fed. So, because of that, we're"}, {"start": "00:00:30", "end": "00:00:35", "text": "going to have a little bit of a uh rate"}, {"start": "00:00:33", "end": "00:00:38", "text": "hike party, which will be interesting."}, {"start": "00:00:35", "end": "00:00:39", "text": "So, we'll take a look at the factors"}, {"start": "00:00:38", "end": "00:00:42", "text": "that have gone into that. And it's not"}, {"start": "00:00:39", "end": "00:00:44", "text": "just me. It's roughly 20 or so banks"}, {"start": "00:00:42", "end": "00:00:48", "text": "saying the exact same thing. And then"}, {"start": "00:00:44", "end": "00:00:51", "text": "we'll take a look at why Bitcoin itself"}, {"start": "00:00:48", "end": "00:00:52", "text": "is not being picked up as much as it"}, {"start": "00:00:51", "end": "00:00:55", "text": "should be. And it really does come down"}, {"start": "00:00:52", "end": "00:00:57", "text": "to a diet study. So, let's uh get into"}, {"start": "00:00:55", "end": "00:00:59", "text": "it with Jerry. Jerry, how you doing?"}, {"start": "00:00:57", "end": "00:01:02", "text": ">> I'm well. Hi, everyone. Happy Sunday and"}, {"start": "00:00:59", "end": "00:01:05", "text": "opening Sunday of the NFL season. Yay,"}, {"start": "00:01:02", "end": "00:01:08", "text": "fantasy football."}, {"start": "00:01:05", "end": "00:01:10", "text": ">> Something to do, something something to"}, {"start": "00:01:08", "end": "00:01:12", "text": "watch besides macroeconomics and nerdy"}, {"start": "00:01:10", "end": "00:01:14", "text": "stuff that we talk about to either"}, {"start": "00:01:12", "end": "00:01:17", "text": "increase or decrease our portfolio. So,"}, {"start": "00:01:14", "end": "00:01:19", "text": "yeah, not a bad thing to do. Hey, Jerry,"}, {"start": "00:01:17", "end": "00:01:21", "text": "we're just talking just talking about uh"}, {"start": "00:01:19", "end": "00:01:24", "text": "just catching everybody up to the macro"}, {"start": "00:01:21", "end": "00:01:27", "text": "about what's going to happen on the next"}, {"start": "00:01:24", "end": "00:01:28", "text": "uh FOMC meeting, which is this week. And"}, {"start": "00:01:27", "end": "00:01:31", "text": "really, ladies and gentlemen, comes out"}, {"start": "00:01:28", "end": "00:01:32", "text": "of this. The fact is that there's a dual"}, {"start": "00:01:31", "end": "00:01:34", "text": "mandate for the Fed. They have to"}, {"start": "00:01:32", "end": "00:01:36", "text": "protect jobs, make sure there's a jobs"}, {"start": "00:01:34", "end": "00:01:38", "text": "growth, and they also have to make sure"}, {"start": "00:01:36", "end": "00:01:40", "text": "that inflation doesn't grow out of"}, {"start": "00:01:38", "end": "00:01:41", "text": "control, which it really has been for a"}, {"start": "00:01:40", "end": "00:01:43", "text": "little bit of time. I know some people"}, {"start": "00:01:41", "end": "00:01:44", "text": "say it's not a big deal. We're going to"}, {"start": "00:01:43", "end": "00:01:46", "text": "get AI in there. It's going to be both"}, {"start": "00:01:44", "end": "00:01:49", "text": "super fantastic and uh we're not going"}, {"start": "00:01:46", "end": "00:01:51", "text": "to have that much of inflation, actually"}, {"start": "00:01:49", "end": "00:01:53", "text": "deflationary."}, {"start": "00:01:51", "end": "00:01:55", "text": "I think people are a little bit"}, {"start": "00:01:53", "end": "00:01:58", "text": "optimistic about time frame, but we'll"}, {"start": "00:01:55", "end": "00:02:00", "text": "see. And as a recap, as of last week, uh"}, {"start": "00:01:58", "end": "00:02:04", "text": "we had PPI come in, the producer price"}, {"start": "00:02:00", "end": "00:02:05", "text": "index, and that of course is what the"}, {"start": "00:02:04", "end": "00:02:07", "text": "producers, the people that actually make"}, {"start": "00:02:05", "end": "00:02:09", "text": "stuff, how much they have to pay for"}, {"start": "00:02:07", "end": "00:02:11", "text": "those things. And once they have to pay"}, {"start": "00:02:09", "end": "00:02:13", "text": "for more for more as far as like the"}, {"start": "00:02:11", "end": "00:02:15", "text": "prices for those things, then it gets"}, {"start": "00:02:13", "end": "00:02:18", "text": "passed on to the consumer of the"}, {"start": "00:02:15", "end": "00:02:21", "text": "consumer price index. But the PPI came"}, {"start": "00:02:18", "end": "00:02:23", "text": "in just where it would it should. And"}, {"start": "00:02:21", "end": "00:02:26", "text": "yes, it's going up. I have a news flash."}, {"start": "00:02:23", "end": "00:02:28", "text": "inflation always goes up for the most"}, {"start": "00:02:26", "end": "00:02:30", "text": "part and uh because of that people were"}, {"start": "00:02:28", "end": "00:02:33", "text": "quite happy. PPY year-over-year the"}, {"start": "00:02:30", "end": "00:02:36", "text": "expectation was 5.3 and it actually was"}, {"start": "00:02:33", "end": "00:02:37", "text": "a little bit higher at 5.4. Not too big"}, {"start": "00:02:36", "end": "00:02:39", "text": "of a deal. And then when Friday's"}, {"start": "00:02:37", "end": "00:02:42", "text": "information came out, everybody was"}, {"start": "00:02:39", "end": "00:02:48", "text": "excited because we came over here and"}, {"start": "00:02:42", "end": "00:02:52", "text": "there was a uh CPI pull and 0.4% was the"}, {"start": "00:02:48", "end": "00:02:53", "text": "expectation and we hit that. Core CPI"}, {"start": "00:02:52", "end": "00:02:56", "text": "was a little bit higher. So they're"}, {"start": "00:02:53", "end": "00:02:58", "text": "like, \"Ah, no big deal.\" And CPI"}, {"start": "00:02:56", "end": "00:03:00", "text": "year-over-year came in at expectations."}, {"start": "00:02:58", "end": "00:03:02", "text": "And then CPI core, and the expectation"}, {"start": "00:03:00", "end": "00:03:06", "text": "was it would go lower, which is taking"}, {"start": "00:03:02", "end": "00:03:08", "text": "away food energy. We can see that it is"}, {"start": "00:03:06", "end": "00:03:09", "text": "actually at 2.4%. And everybody was"}, {"start": "00:03:08", "end": "00:03:13", "text": "super happy. That's why I had like a"}, {"start": "00:03:09", "end": "00:03:15", "text": "little bit of a pump. But this week is"}, {"start": "00:03:13", "end": "00:03:17", "text": "when we get this 2 o'clock p.m."}, {"start": "00:03:15", "end": "00:03:19", "text": "Wednesday, September 16th, I believe"}, {"start": "00:03:17", "end": "00:03:23", "text": "that's Eastern Standard Time. We're"}, {"start": "00:03:19", "end": "00:03:25", "text": "going to get an interest rate decision."}, {"start": "00:03:23", "end": "00:03:27", "text": "And because of that, that's where things"}, {"start": "00:03:25", "end": "00:03:29", "text": "might go down the tube. Some people say,"}, {"start": "00:03:27", "end": "00:03:31", "text": "\"Well, it's already priced in.\" And"}, {"start": "00:03:29", "end": "00:03:34", "text": "perhaps it is. But I will tell you that"}, {"start": "00:03:31", "end": "00:03:36", "text": "um if Kevin Walsh, who is the head of"}, {"start": "00:03:34", "end": "00:03:39", "text": "the SEC, or excuse me, the Federal"}, {"start": "00:03:36", "end": "00:03:42", "text": "Reserve, is data dependent as he talks"}, {"start": "00:03:39", "end": "00:03:44", "text": "about, it's not looking too good. Saudi"}, {"start": "00:03:42", "end": "00:03:46", "text": "Arabia's oil production falls to the"}, {"start": "00:03:44", "end": "00:03:49", "text": "lowest level in three decades. Also on"}, {"start": "00:03:46", "end": "00:03:52", "text": "top of that, as of roughly 19 hours ago"}, {"start": "00:03:49", "end": "00:03:53", "text": "or so, I ran in the Houthies. I think"}, {"start": "00:03:52", "end": "00:03:55", "text": "that's how you say it. I'm American."}, {"start": "00:03:53", "end": "00:03:57", "text": "Forgive me, but that's just how I say"}, {"start": "00:03:55", "end": "00:03:59", "text": "it. Houthis just tightened the vice on"}, {"start": "00:03:57", "end": "00:04:03", "text": "two major oil check choke points."}, {"start": "00:03:59", "end": "00:04:05", "text": "Hermoose and the Red Sea. Babel Mandeb."}, {"start": "00:04:03", "end": "00:04:06", "text": "If tankers can't move, oil gets crushed."}, {"start": "00:04:05", "end": "00:04:08", "text": "Of course, inflation goes up. And just"}, {"start": "00:04:06", "end": "00:04:11", "text": "so you know, Houthies or Houthies, how"}, {"start": "00:04:08", "end": "00:04:14", "text": "you say it, are an Iranbaked Shia rebel"}, {"start": "00:04:11", "end": "00:04:15", "text": "group for northern Yemen. They've"}, {"start": "00:04:14", "end": "00:04:21", "text": "controlled much of Yemen, including the"}, {"start": "00:04:15", "end": "00:04:22", "text": "capital Sana for years. Sana Sana for"}, {"start": "00:04:21", "end": "00:04:25", "text": "years and have been hitting Red Sea"}, {"start": "00:04:22", "end": "00:04:28", "text": "shipping since late 2023. And of course,"}, {"start": "00:04:25", "end": "00:04:29", "text": "Fed rates are this week. And I got to"}, {"start": "00:04:28", "end": "00:04:30", "text": "tell you, when you have something like"}, {"start": "00:04:29", "end": "00:04:32", "text": "this, that's not looking good. And just"}, {"start": "00:04:30", "end": "00:04:33", "text": "for like a little review, little"}, {"start": "00:04:32", "end": "00:04:36", "text": "overview,"}, {"start": "00:04:33", "end": "00:04:38", "text": ">> we can see that uh this is the straight"}, {"start": "00:04:36", "end": "00:04:40", "text": "of her moose over here, which is what"}, {"start": "00:04:38", "end": "00:04:42", "text": "people were really concerned about. And"}, {"start": "00:04:40", "end": "00:04:43", "text": "now we got this Lab over here. Looks"}, {"start": "00:04:42", "end": "00:04:45", "text": "like that's going to get blocked off."}, {"start": "00:04:43", "end": "00:04:47", "text": "So, this is uh not looking too good for"}, {"start": "00:04:45", "end": "00:04:49", "text": "oil production. It's not looking too"}, {"start": "00:04:47", "end": "00:04:51", "text": "good for in inflation."}, {"start": "00:04:49", "end": "00:04:53", "text": "Jerry, what's your thoughts before we"}, {"start": "00:04:51", "end": "00:04:55", "text": "start to talk about where the banks"}, {"start": "00:04:53", "end": "00:04:57", "text": "think we're going? And hints, it ain't"}, {"start": "00:04:55", "end": "00:05:00", "text": "good. What do you got?"}, {"start": "00:04:57", "end": "00:05:04", "text": ">> I it it has always amazed me how"}, {"start": "00:05:00", "end": "00:05:07", "text": "industries take advantage of"}, {"start": "00:05:04", "end": "00:05:09", "text": "circumstances, right? The oil coming out"}, {"start": "00:05:07", "end": "00:05:13", "text": "of the Middle East should not really"}, {"start": "00:05:09", "end": "00:05:15", "text": "affect the United States consumer. in"}, {"start": "00:05:13", "end": "00:05:18", "text": "that we've got oil coming in from"}, {"start": "00:05:15", "end": "00:05:23", "text": "Venezuela. United States is a net"}, {"start": "00:05:18", "end": "00:05:24", "text": "monster net producer of that. Yet the"}, {"start": "00:05:23", "end": "00:05:27", "text": "industry every time there's a problem"}, {"start": "00:05:24", "end": "00:05:30", "text": "like this, they get their little hooks"}, {"start": "00:05:27", "end": "00:05:33", "text": "in us and they gouge us and it and it"}, {"start": "00:05:30", "end": "00:05:36", "text": "really is kind of troubling in that it"}, {"start": "00:05:33", "end": "00:05:41", "text": "shouldn't. The US consumer has access to"}, {"start": "00:05:36", "end": "00:05:44", "text": "a ton of oil and yet every time"}, {"start": "00:05:41", "end": "00:05:47", "text": "those headlines pop up we see our gas"}, {"start": "00:05:44", "end": "00:05:50", "text": "prices going up. I don't know what can"}, {"start": "00:05:47", "end": "00:05:53", "text": "change that except that we should"}, {"start": "00:05:50", "end": "00:05:56", "text": "understand that that is how the industry"}, {"start": "00:05:53", "end": "00:05:59", "text": "works right and and plan accordingly. So"}, {"start": "00:05:56", "end": "00:06:03", "text": "how many of us are investing in oil"}, {"start": "00:05:59", "end": "00:06:05", "text": "companies? How many of us are are"}, {"start": "00:06:03", "end": "00:06:09", "text": "doing something alternatively like"}, {"start": "00:06:05", "end": "00:06:12", "text": "getting out of the grip of fossil fuel"}, {"start": "00:06:09", "end": "00:06:14", "text": "dependence, right? So, and I know you"}, {"start": "00:06:12", "end": "00:06:17", "text": "and I have talked about electric cars"}, {"start": "00:06:14", "end": "00:06:19", "text": "and cyber cab fleets and home data"}, {"start": "00:06:17", "end": "00:06:22", "text": "centers that are going off of solar"}, {"start": "00:06:19", "end": "00:06:26", "text": "energy and all that kind of stuff. Um,"}, {"start": "00:06:22", "end": "00:06:28", "text": "but these shenanigans aren't stopping is"}, {"start": "00:06:26", "end": "00:06:30", "text": "my point. and and I'm wondering how many"}, {"start": "00:06:28", "end": "00:06:33", "text": "people are looking for alternatives to"}, {"start": "00:06:30", "end": "00:06:34", "text": "get away from it."}, {"start": "00:06:33", "end": "00:06:36", "text": ">> Yeah, it's an interesting thing. There"}, {"start": "00:06:34", "end": "00:06:38", "text": "was a a piece that I had put together a"}, {"start": "00:06:36", "end": "00:06:40", "text": "while back about oil and where this all"}, {"start": "00:06:38", "end": "00:06:44", "text": "comes from because it's not just about"}, {"start": "00:06:40", "end": "00:06:46", "text": "producing it. It's also about"}, {"start": "00:06:44", "end": "00:06:49", "text": "um how it can go through and be"}, {"start": "00:06:46", "end": "00:06:50", "text": "manufactured uh for the different types"}, {"start": "00:06:49", "end": "00:06:51", "text": "of oil that are out there. Let's just go"}, {"start": "00:06:50", "end": "00:06:53", "text": "over this real quick because this is a"}, {"start": "00:06:51", "end": "00:06:57", "text": "nice reminder for me about how oil"}, {"start": "00:06:53", "end": "00:07:00", "text": "things go. So as far as like who uses it"}, {"start": "00:06:57", "end": "00:07:03", "text": "most in the key exports"}, {"start": "00:07:00", "end": "00:07:04", "text": "you're looking at 85 to almost 90% are"}, {"start": "00:07:03", "end": "00:07:07", "text": "destined for the Asian markets and"}, {"start": "00:07:04", "end": "00:07:10", "text": "that's made up of Saudi, Iraq, United"}, {"start": "00:07:07", "end": "00:07:12", "text": "Arab Emirates, Iran and then Kuwait."}, {"start": "00:07:10", "end": "00:07:15", "text": "That's a big huge chunk. So they're the"}, {"start": "00:07:12", "end": "00:07:17", "text": "ones that are getting a big huge massive"}, {"start": "00:07:15", "end": "00:07:20", "text": "split of that. Top 10 oil exporters"}, {"start": "00:07:17", "end": "00:07:22", "text": "again Saudi Arabia, Russia, then United"}, {"start": "00:07:20", "end": "00:07:25", "text": "States. And we do have we have a good"}, {"start": "00:07:22", "end": "00:07:27", "text": "chunk, but it's actually cheaper for us"}, {"start": "00:07:25", "end": "00:07:32", "text": "to export it"}, {"start": "00:07:27", "end": "00:07:35", "text": "and then let the other countries uh"}, {"start": "00:07:32", "end": "00:07:37", "text": "manufacture it and they can use it for"}, {"start": "00:07:35", "end": "00:07:39", "text": "their specific needs and goods and"}, {"start": "00:07:37", "end": "00:07:41", "text": "services. Canada, Iraq, UAE, top 10 oil"}, {"start": "00:07:39", "end": "00:07:45", "text": "importers like we just talked about,"}, {"start": "00:07:41", "end": "00:07:47", "text": "China, China and United States importing"}, {"start": "00:07:45", "end": "00:07:48", "text": "again it's cheaper to import than to or"}, {"start": "00:07:47", "end": "00:07:50", "text": "we make actually money on the"}, {"start": "00:07:48", "end": "00:07:52", "text": "exportation. India, South Korea, Japan,"}, {"start": "00:07:50", "end": "00:07:54", "text": "Germany and so on and so forth. And this"}, {"start": "00:07:52", "end": "00:07:57", "text": "is the difference because we have what's"}, {"start": "00:07:54", "end": "00:07:59", "text": "called sweet crude"}, {"start": "00:07:57", "end": "00:08:01", "text": "and USA oil that is some of the best"}, {"start": "00:07:59", "end": "00:08:04", "text": "well sweet that you can get. Iran and"}, {"start": "00:08:01", "end": "00:08:05", "text": "Venezuela is like thick goo. Now, the"}, {"start": "00:08:04", "end": "00:08:06", "text": "problem is that when they when they ship"}, {"start": "00:08:05", "end": "00:08:08", "text": "it over to China, when they're"}, {"start": "00:08:06", "end": "00:08:10", "text": "manufacturing"}, {"start": "00:08:08", "end": "00:08:13", "text": "or they're engineering the actual to to"}, {"start": "00:08:10", "end": "00:08:15", "text": "actually take out the for to break it"}, {"start": "00:08:13", "end": "00:08:18", "text": "down for gas, the way that they have"}, {"start": "00:08:15", "end": "00:08:20", "text": "everything set up over there is that it"}, {"start": "00:08:18", "end": "00:08:22", "text": "cost millions upon I think I think it"}, {"start": "00:08:20", "end": "00:08:24", "text": "was another figure like almost billions"}, {"start": "00:08:22", "end": "00:08:27", "text": "of dollars to actually to produce this."}, {"start": "00:08:24", "end": "00:08:30", "text": "So, they can't take our oil per se. They"}, {"start": "00:08:27", "end": "00:08:33", "text": "have to take this dark crude oil and"}, {"start": "00:08:30", "end": "00:08:35", "text": "when it goes over there and then to to"}, {"start": "00:08:33", "end": "00:08:36", "text": "change everything over for our oil as"}, {"start": "00:08:35", "end": "00:08:38", "text": "far as like manufacturing of it, they"}, {"start": "00:08:36", "end": "00:08:39", "text": "just can't. They can do it. It's going"}, {"start": "00:08:38", "end": "00:08:41", "text": "to take a lot of time and it's going to"}, {"start": "00:08:39", "end": "00:08:44", "text": "take a boatload of money and that's why"}, {"start": "00:08:41", "end": "00:08:46", "text": "they're so excited about Iran and"}, {"start": "00:08:44", "end": "00:08:49", "text": "Venezuela oil. But we did just uh book a"}, {"start": "00:08:46", "end": "00:08:51", "text": "deal in a deal with Venezuela. So that"}, {"start": "00:08:49", "end": "00:08:52", "text": "actually works out again crude so on and"}, {"start": "00:08:51", "end": "00:08:56", "text": "so forth. Here's the gas prices back"}, {"start": "00:08:52", "end": "00:08:59", "text": "then prices. origin. North America does"}, {"start": "00:08:56", "end": "00:09:01", "text": "have a big chunk of that, 65%. And"}, {"start": "00:08:59", "end": "00:09:04", "text": "China's top China's top oil import"}, {"start": "00:09:01", "end": "00:09:06", "text": "sources. Russia, Saudi Arabia, Iran,"}, {"start": "00:09:04", "end": "00:09:08", "text": "Iraq, Malaysia, and Brazil. So, I think"}, {"start": "00:09:06", "end": "00:09:10", "text": "Jerry, you're right about as far as like"}, {"start": "00:09:08", "end": "00:09:13", "text": "the American consumer has a boatload of"}, {"start": "00:09:10", "end": "00:09:15", "text": "of oil. problem is when it goes over to"}, {"start": "00:09:13", "end": "00:09:17", "text": "China and all those different places and"}, {"start": "00:09:15", "end": "00:09:18", "text": "then for them to actually do things and"}, {"start": "00:09:17", "end": "00:09:20", "text": "then ship it back to us. Now our goods"}, {"start": "00:09:18", "end": "00:09:23", "text": "and services go up because we're always"}, {"start": "00:09:20", "end": "00:09:25", "text": "importing and there's a net negative for"}, {"start": "00:09:23", "end": "00:09:26", "text": "what we're actually pulling in to our"}, {"start": "00:09:25", "end": "00:09:29", "text": "country and that was one of the big"}, {"start": "00:09:26", "end": "00:09:30", "text": "problems we saw uh in the last uh corona"}, {"start": "00:09:29", "end": "00:09:32", "text": "virus when we actually had to get"}, {"start": "00:09:30", "end": "00:09:34", "text": "everything over and we couldn't because"}, {"start": "00:09:32", "end": "00:09:37", "text": "everything was shut down. So it's a"}, {"start": "00:09:34", "end": "00:09:39", "text": "complex weave and I and I I understand"}, {"start": "00:09:37", "end": "00:09:42", "text": "where where people are coming from but"}, {"start": "00:09:39", "end": "00:09:44", "text": "uh if we take a look at that we can see"}, {"start": "00:09:42", "end": "00:09:47", "text": "that okay there might be a big issue"}, {"start": "00:09:44", "end": "00:09:52", "text": "especially with rate hikes because"}, {"start": "00:09:47", "end": "00:09:53", "text": "inflation so far we've got how many is"}, {"start": "00:09:52", "end": "00:09:55", "text": "this"}, {"start": "00:09:53", "end": "00:09:59", "text": "12 20 I don't know one two three four"}, {"start": "00:09:55", "end": "00:10:02", "text": "five 18 or so different uh big names in"}, {"start": "00:09:59", "end": "00:10:04", "text": "in economics banking finance and they're"}, {"start": "00:10:02", "end": "00:10:05", "text": "pretty much all saying Like look, it's"}, {"start": "00:10:04", "end": "00:10:07", "text": "going to be a September hike. Even Bank"}, {"start": "00:10:05", "end": "00:10:10", "text": "of America says it's going to be 75"}, {"start": "00:10:07", "end": "00:10:13", "text": "basis points this year. So not spread"}, {"start": "00:10:10", "end": "00:10:15", "text": "over time. Polish 26. 75 basis points. I"}, {"start": "00:10:13", "end": "00:10:18", "text": "don't think it's going to be in one"}, {"start": "00:10:15", "end": "00:10:21", "text": "sitting, but in 2026. Yeah. Barclays,"}, {"start": "00:10:18", "end": "00:10:25", "text": "BNP, Cityroup, Deutsch Bank, Goldman"}, {"start": "00:10:21", "end": "00:10:28", "text": "Sachs, HSBC says no. Jeffrey JP Morgan,"}, {"start": "00:10:25", "end": "00:10:30", "text": "Nora, Oxford, RBC, TD Securities, and so"}, {"start": "00:10:28", "end": "00:10:33", "text": "on and so forth. So if that's the case,"}, {"start": "00:10:30", "end": "00:10:35", "text": "then where do we go from here? Jerry,"}, {"start": "00:10:33", "end": "00:10:36", "text": "where do we go from here when we get"}, {"start": "00:10:35", "end": "00:10:38", "text": "this rate hike? And do you think even"}, {"start": "00:10:36", "end": "00:10:40", "text": "Kevin Marsh is going to do a rate hike"}, {"start": "00:10:38", "end": "00:10:42", "text": "or is he gonna say, you know what, I got"}, {"start": "00:10:40", "end": "00:10:44", "text": "different data."}, {"start": "00:10:42", "end": "00:10:48", "text": ">> So, I think I think there's a very"}, {"start": "00:10:44", "end": "00:10:50", "text": "strong indication from their rhetoric"}, {"start": "00:10:48", "end": "00:10:54", "text": "that we've heard coming out of Kevin's"}, {"start": "00:10:50", "end": "00:10:58", "text": "mouth is that they are going to use a"}, {"start": "00:10:54", "end": "00:11:00", "text": "new set of data sets to make their"}, {"start": "00:10:58", "end": "00:11:02", "text": "decisions, right? They are not going to"}, {"start": "00:11:00", "end": "00:11:05", "text": "follow the old playbooks. I think what"}, {"start": "00:11:02", "end": "00:11:10", "text": "you're seeing in that list of"}, {"start": "00:11:05", "end": "00:11:13", "text": "banks that are so predominantly saying"}, {"start": "00:11:10", "end": "00:11:16", "text": "expect a September hike. It's because"}, {"start": "00:11:13", "end": "00:11:18", "text": "they're going off a playbook that's been"}, {"start": "00:11:16", "end": "00:11:21", "text": "standing since the the old Greenspan"}, {"start": "00:11:18", "end": "00:11:23", "text": "days right prior to Bernaki. And and I"}, {"start": "00:11:21", "end": "00:11:28", "text": "completely understand that."}, {"start": "00:11:23", "end": "00:11:30", "text": ">> I'll be honest, I don't have an opinion"}, {"start": "00:11:28", "end": "00:11:32", "text": "based off of what I've heard Kevin say,"}, {"start": "00:11:30", "end": "00:11:36", "text": "right? He's been very clear they're"}, {"start": "00:11:32", "end": "00:11:38", "text": "going to use a different modus apparendi"}, {"start": "00:11:36", "end": "00:11:40", "text": "and it wouldn't shock me if there was a"}, {"start": "00:11:38", "end": "00:11:43", "text": "hike but it also wouldn't surprise me"}, {"start": "00:11:40", "end": "00:11:46", "text": "one bit if he just said hey listen we've"}, {"start": "00:11:43", "end": "00:11:49", "text": "got to hold and the reason being is on"}, {"start": "00:11:46", "end": "00:11:51", "text": "the other side of what a hike does to"}, {"start": "00:11:49", "end": "00:11:54", "text": "interest rates is it does affect the"}, {"start": "00:11:51", "end": "00:11:58", "text": "bond market and we all if we've been"}, {"start": "00:11:54", "end": "00:12:01", "text": "following financial news know"}, {"start": "00:11:58", "end": "00:12:02", "text": "how fragile that that market is right"}, {"start": "00:12:01", "end": "00:12:03", "text": "now."}, {"start": "00:12:02", "end": "00:12:07", "text": ">> Oh, yeah."}, {"start": "00:12:03", "end": "00:12:10", "text": ">> And you don't want to do anything to"}, {"start": "00:12:07", "end": "00:12:13", "text": "upset the long end or the backside, the"}, {"start": "00:12:10", "end": "00:12:15", "text": "30-year or 10 year for that matter, but"}, {"start": "00:12:13", "end": "00:12:16", "text": "for the most part, the 30-year, you"}, {"start": "00:12:15", "end": "00:12:19", "text": "don't"}, {"start": "00:12:16", "end": "00:12:22", "text": "you you don't want that thing creeping"}, {"start": "00:12:19", "end": "00:12:24", "text": "up because now all of a sudden it"}, {"start": "00:12:22", "end": "00:12:25", "text": "actually affects how the government can"}, {"start": "00:12:24", "end": "00:12:27", "text": "operate."}, {"start": "00:12:25", "end": "00:12:29", "text": ">> Yeah. because you know they are under"}, {"start": "00:12:27", "end": "00:12:31", "text": "obligations to pay that debt that they"}, {"start": "00:12:29", "end": "00:12:33", "text": "have. So yeah, you don't want interest"}, {"start": "00:12:31", "end": "00:12:34", "text": "rates going up on the on the long end of"}, {"start": "00:12:33", "end": "00:12:35", "text": "the the bond market."}, {"start": "00:12:34", "end": "00:12:38", "text": ">> Well, that'll that'll fit into your"}, {"start": "00:12:35", "end": "00:12:41", "text": "thesis about uh the reorganization of"}, {"start": "00:12:38", "end": "00:12:44", "text": "debt that's going to that's come due. So"}, {"start": "00:12:41", "end": "00:12:46", "text": "it's u it could be a good thing if you"}, {"start": "00:12:44", "end": "00:12:48", "text": "think about it. I mean for the ones that"}, {"start": "00:12:46", "end": "00:12:50", "text": "actually have the patience and drive and"}, {"start": "00:12:48", "end": "00:12:51", "text": "everything else. But just to go through"}, {"start": "00:12:50", "end": "00:12:54", "text": "this, I know people would say, \"Well,"}, {"start": "00:12:51", "end": "00:12:56", "text": "that's very bearish, Rob. That's kind of"}, {"start": "00:12:54", "end": "00:12:58", "text": "a bad Sunday for me. I was going to"}, {"start": "00:12:56", "end": "00:13:02", "text": "enjoy football, but you come in here and"}, {"start": "00:12:58", "end": "00:13:05", "text": "you're a big bear and how dare you. But"}, {"start": "00:13:02", "end": "00:13:07", "text": "you know, Fed rates, as we can see, the"}, {"start": "00:13:05", "end": "00:13:10", "text": "effect effective federal funds rate,"}, {"start": "00:13:07", "end": "00:13:13", "text": "it's not just because it goes up that"}, {"start": "00:13:10", "end": "00:13:15", "text": "the market goes down. It's not in fact"}, {"start": "00:13:13", "end": "00:13:17", "text": "how it always goes. Now, we can see"}, {"start": "00:13:15", "end": "00:13:20", "text": "there's a little bit of correlation. I"}, {"start": "00:13:17", "end": "00:13:22", "text": "mean, back in the 70s, look at this. I"}, {"start": "00:13:20", "end": "00:13:24", "text": "always like this one. This blue line"}, {"start": "00:13:22", "end": "00:13:26", "text": "here is the S&P 500. We're going to"}, {"start": "00:13:24", "end": "00:13:30", "text": "overlay Bitcoin in a second, but you can"}, {"start": "00:13:26", "end": "00:13:32", "text": "just see that uh you know, as the uh the"}, {"start": "00:13:30", "end": "00:13:34", "text": "funds rate went down,"}, {"start": "00:13:32", "end": "00:13:36", "text": "actually we started to go down. This is"}, {"start": "00:13:34", "end": "00:13:37", "text": "the 1974."}, {"start": "00:13:36", "end": "00:13:39", "text": ">> Yeah."}, {"start": "00:13:37", "end": "00:13:41", "text": ">> So, we're here. They're like, you know"}, {"start": "00:13:39", "end": "00:13:43", "text": "what? We got to start cutting rates. And"}, {"start": "00:13:41", "end": "00:13:46", "text": "then we did, and the market kept going"}, {"start": "00:13:43", "end": "00:13:50", "text": "down. And we we rebounded over here in"}, {"start": "00:13:46", "end": "00:13:55", "text": "1979. This was the Vulkar area"}, {"start": "00:13:50", "end": "00:13:58", "text": "era era. And we can see here as we as we"}, {"start": "00:13:55", "end": "00:14:00", "text": "spike with the federal funds rate"}, {"start": "00:13:58", "end": "00:14:02", "text": "and again actually"}, {"start": "00:14:00", "end": "00:14:06", "text": "as it comes down then the market goes"}, {"start": "00:14:02", "end": "00:14:08", "text": "down. It keeps going down and the market"}, {"start": "00:14:06", "end": "00:14:10", "text": "actually goes up which kind of you know"}, {"start": "00:14:08", "end": "00:14:13", "text": "stands a reason. Then moving forward"}, {"start": "00:14:10", "end": "00:14:17", "text": "until more modern times"}, {"start": "00:14:13", "end": "00:14:20", "text": "we can see here that in 1999 up to 2000"}, {"start": "00:14:17", "end": "00:14:23", "text": "we were hiking rates like crazy."}, {"start": "00:14:20", "end": "00:14:25", "text": "No big deal. But the market kept going"}, {"start": "00:14:23", "end": "00:14:27", "text": "up. Now, at some point, the market's got"}, {"start": "00:14:25", "end": "00:14:30", "text": "a rebound, and it happened right around"}, {"start": "00:14:27", "end": "00:14:34", "text": "here, 2000. This is the.com crash. And"}, {"start": "00:14:30", "end": "00:14:37", "text": "then, off we go. Fed try to fix it. Goes"}, {"start": "00:14:34", "end": "00:14:41", "text": "down. Market goes down. They're flat."}, {"start": "00:14:37", "end": "00:14:41", "text": "And they're pretty much in tandem."}, {"start": "00:14:41", "end": "00:14:48", "text": "And then we have rate hikes in 2004,"}, {"start": "00:14:45", "end": "00:14:51", "text": "five, six. And look at the market in"}, {"start": "00:14:48", "end": "00:14:53", "text": "blue. market didn't care. Like fine. I"}, {"start": "00:14:51", "end": "00:14:56", "text": "mean, in actuality, it's pretty low."}, {"start": "00:14:53", "end": "00:14:59", "text": "We're looking at 3% 4%."}, {"start": "00:14:56", "end": "00:15:01", "text": "Not too bad of a deal."}, {"start": "00:14:59", "end": "00:15:06", "text": "And then if we come over here to more"}, {"start": "00:15:01", "end": "00:15:08", "text": "modern times, same thing here. 2022,"}, {"start": "00:15:06", "end": "00:15:11", "text": "we started to to hike the rates. Now,"}, {"start": "00:15:08", "end": "00:15:15", "text": "this was a little bit different"}, {"start": "00:15:11", "end": "00:15:17", "text": "from January 2022. Remember 2021? Ah,"}, {"start": "00:15:15", "end": "00:15:19", "text": "everything was great. Prices kept going"}, {"start": "00:15:17", "end": "00:15:21", "text": "up. It was fantastic and everybody tries"}, {"start": "00:15:19", "end": "00:15:22", "text": "to point or will point to this"}, {"start": "00:15:21", "end": "00:15:24", "text": "especially for the markets and you can"}, {"start": "00:15:22", "end": "00:15:26", "text": "see as soon as we started to like raise"}, {"start": "00:15:24", "end": "00:15:30", "text": "the rates down here then the market"}, {"start": "00:15:26", "end": "00:15:33", "text": "started to collapse as they called it"}, {"start": "00:15:30", "end": "00:15:35", "text": "but they kept raising and look what the"}, {"start": "00:15:33", "end": "00:15:38", "text": "market does. It's like, you know what,"}, {"start": "00:15:35", "end": "00:15:40", "text": "not a big deal. Then we went flat and we"}, {"start": "00:15:38", "end": "00:15:43", "text": "dropped a little bit. Now, here we are"}, {"start": "00:15:40", "end": "00:15:46", "text": "today. And if we take a look at that"}, {"start": "00:15:43", "end": "00:15:49", "text": "over Bitcoin, this I got I I swapped out"}, {"start": "00:15:46", "end": "00:15:52", "text": "the S&P 500 for Bitcoin. Bitcoin's in"}, {"start": "00:15:49", "end": "00:15:54", "text": "blue and this is in red. Look how well"}, {"start": "00:15:52", "end": "00:15:58", "text": "Bitcoin did. We started to raise rates"}, {"start": "00:15:54", "end": "00:16:02", "text": "2015. Bitcoin didn't care so much. In"}, {"start": "00:15:58", "end": "00:16:04", "text": "2016, raising rates again. 2017, Bitcoin"}, {"start": "00:16:02", "end": "00:16:06", "text": "didn't really care until a certain point"}, {"start": "00:16:04", "end": "00:16:07", "text": "and then we go into the four-year"}, {"start": "00:16:06", "end": "00:16:09", "text": "cycles. I know people are sick of me"}, {"start": "00:16:07", "end": "00:16:10", "text": "saying that, but it's four-year cycles"}, {"start": "00:16:09", "end": "00:16:13", "text": "for Bitcoin, but it's also there's a"}, {"start": "00:16:10", "end": "00:16:14", "text": "four-year cycle for traditional equities"}, {"start": "00:16:13", "end": "00:16:17", "text": "and stocks for the midterm years. And oh"}, {"start": "00:16:14", "end": "00:16:20", "text": "yeah, we're in a midterm year right now."}, {"start": "00:16:17", "end": "00:16:24", "text": "And then same thing over here 2022"}, {"start": "00:16:20", "end": "00:16:26", "text": "again four years 12 January February"}, {"start": "00:16:24", "end": "00:16:29", "text": "March we were raising raising raising to"}, {"start": "00:16:26", "end": "00:16:32", "text": "this point to November 2022"}, {"start": "00:16:29", "end": "00:16:36", "text": "and that was the end they kept raising"}, {"start": "00:16:32", "end": "00:16:38", "text": "rates and we kept going up."}, {"start": "00:16:36", "end": "00:16:40", "text": "So it seems like and then of course they"}, {"start": "00:16:38", "end": "00:16:43", "text": "dropped rates we did pretty good and"}, {"start": "00:16:40", "end": "00:16:44", "text": "then to this point October or so they"}, {"start": "00:16:43", "end": "00:16:47", "text": "keep dropping rates. So they dropped"}, {"start": "00:16:44", "end": "00:16:50", "text": "rates until January 2026, but our market"}, {"start": "00:16:47", "end": "00:16:52", "text": "goes down. So yes, I think in the short"}, {"start": "00:16:50", "end": "00:16:54", "text": "term you're going to see a little bit of"}, {"start": "00:16:52", "end": "00:16:55", "text": "volatility. You're going to see people"}, {"start": "00:16:54", "end": "00:16:57", "text": "going, I didn't know this was actually"}, {"start": "00:16:55", "end": "00:16:59", "text": "priced in. And they're going to start"}, {"start": "00:16:57", "end": "00:17:01", "text": "selling off because Kevin War's going to"}, {"start": "00:16:59", "end": "00:17:03", "text": "come out potentially and say it. But if"}, {"start": "00:17:01", "end": "00:17:05", "text": "he does come out and say, you know what,"}, {"start": "00:17:03", "end": "00:17:06", "text": "I got different data points like Jerry"}, {"start": "00:17:05", "end": "00:17:08", "text": "talked about and I'm going to keep it"}, {"start": "00:17:06", "end": "00:17:12", "text": "the same. Watch for the market to blow"}, {"start": "00:17:08", "end": "00:17:15", "text": "up. Me personally, I am rooting for the"}, {"start": "00:17:12", "end": "00:17:17", "text": "collapse. I'm rooting for it to go down"}, {"start": "00:17:15", "end": "00:17:20", "text": "because"}, {"start": "00:17:17", "end": "00:17:23", "text": "I buy every Monday and I buy more when"}, {"start": "00:17:20", "end": "00:17:25", "text": "it goes down and I want it to go down"}, {"start": "00:17:23", "end": "00:17:28", "text": "because I think we're going to have a"}, {"start": "00:17:25", "end": "00:17:31", "text": "nice little bull run getting out of this"}, {"start": "00:17:28", "end": "00:17:34", "text": "midterm election cycle. Jerry, thoughts?"}, {"start": "00:17:31", "end": "00:17:36", "text": ">> Interesting. Interesting. I I would love"}, {"start": "00:17:34", "end": "00:17:40", "text": "to see a bull run coming out of this"}, {"start": "00:17:36", "end": "00:17:43", "text": "midterms. I'm I'm looking at three what"}, {"start": "00:17:40", "end": "00:17:46", "text": "we'll call macro indicators, right? Um"}, {"start": "00:17:43", "end": "00:17:48", "text": "one is the increase in productivity."}, {"start": "00:17:46", "end": "00:17:50", "text": "What are productivity numbers looking"}, {"start": "00:17:48", "end": "00:17:55", "text": "like? In other words, jobs are a"}, {"start": "00:17:50", "end": "00:17:58", "text": "productivity proxy um expansion of money"}, {"start": "00:17:55", "end": "00:18:00", "text": "supply is a can be a productivity"}, {"start": "00:17:58", "end": "00:18:01", "text": "indicator because it allows you know"}, {"start": "00:18:00", "end": "00:18:07", "text": "when that rate goes down it allows for"}, {"start": "00:18:01", "end": "00:18:10", "text": "more debt to be to be uh created. um"}, {"start": "00:18:07", "end": "00:18:13", "text": "debt has become the"}, {"start": "00:18:10", "end": "00:18:15", "text": "means in which productivity can be"}, {"start": "00:18:13", "end": "00:18:19", "text": "established because you can hire more"}, {"start": "00:18:15", "end": "00:18:21", "text": "people or build more of this or create"}, {"start": "00:18:19", "end": "00:18:25", "text": "more of that. And so these are the"}, {"start": "00:18:21", "end": "00:18:27", "text": "things that I'm looking at. Um, and I"}, {"start": "00:18:25", "end": "00:18:31", "text": "think there are elements that we're"}, {"start": "00:18:27", "end": "00:18:34", "text": "seeing a setup for this, but it's so"}, {"start": "00:18:31", "end": "00:18:36", "text": "hard because we have this"}, {"start": "00:18:34", "end": "00:18:40", "text": "albatross on the other side of all of"}, {"start": "00:18:36", "end": "00:18:44", "text": "this and that is this staggering amount"}, {"start": "00:18:40", "end": "00:18:48", "text": "of debt. I mean, it is just staggering"}, {"start": "00:18:44", "end": "00:18:52", "text": "how much debt was created in that"}, {"start": "00:18:48", "end": "00:18:55", "text": "2020 2021 era."}, {"start": "00:18:52", "end": "00:18:59", "text": ">> Mhm. and and that debt if it doesn't get"}, {"start": "00:18:55", "end": "00:19:01", "text": "written off in some form of a bankruptcy"}, {"start": "00:18:59", "end": "00:19:03", "text": "type of thing, it's sitting there and"}, {"start": "00:19:01", "end": "00:19:04", "text": "strangling"}, {"start": "00:19:03", "end": "00:19:05", "text": "who holds it,"}, {"start": "00:19:04", "end": "00:19:10", "text": ">> right?"}, {"start": "00:19:05", "end": "00:19:12", "text": ">> And at our current rate environment, it"}, {"start": "00:19:10", "end": "00:19:15", "text": "is almost impossible to refinance,"}, {"start": "00:19:12", "end": "00:19:17", "text": "right? to go from zero interest to three"}, {"start": "00:19:15", "end": "00:19:20", "text": "and a half or 4%"}, {"start": "00:19:17", "end": "00:19:24", "text": "it it when you're talking in large"}, {"start": "00:19:20", "end": "00:19:26", "text": "numbers is it's staggering. It's going"}, {"start": "00:19:24", "end": "00:19:29", "text": "to be interesting."}, {"start": "00:19:26", "end": "00:19:30", "text": "Do we have a big massive die off? In"}, {"start": "00:19:29", "end": "00:19:34", "text": "other words, do we have a lot of these"}, {"start": "00:19:30", "end": "00:19:35", "text": "zombie companies die"}, {"start": "00:19:34", "end": "00:19:38", "text": "bankrupt,"}, {"start": "00:19:35", "end": "00:19:40", "text": ">> absolve the debt, debt gets reconciled"}, {"start": "00:19:38", "end": "00:19:42", "text": "to nothing or pennies on the dollar,"}, {"start": "00:19:40", "end": "00:19:45", "text": "blah blah blah blah blah. Just like"}, {"start": "00:19:42", "end": "00:19:47", "text": "we've seen in every major expansion and"}, {"start": "00:19:45", "end": "00:19:51", "text": "contraction period, you know, these"}, {"start": "00:19:47", "end": "00:19:54", "text": "these 40 50year cycles that we've seen"}, {"start": "00:19:51", "end": "00:19:56", "text": "um go through it. I think we're at that"}, {"start": "00:19:54", "end": "00:19:58", "text": "precipice and we're going to see a lot"}, {"start": "00:19:56", "end": "00:20:00", "text": "of that"}, {"start": "00:19:58", "end": "00:20:03", "text": "in the next year or two because that's"}, {"start": "00:20:00", "end": "00:20:05", "text": "these the debt cycles match up with the"}, {"start": "00:20:03", "end": "00:20:09", "text": "alignment of these things."}, {"start": "00:20:05", "end": "00:20:10", "text": ">> Yeah, I think so. The debt cycle does"}, {"start": "00:20:09", "end": "00:20:12", "text": "it's kind of it's kind of interesting"}, {"start": "00:20:10", "end": "00:20:14", "text": "how everything pretty much lines up,"}, {"start": "00:20:12", "end": "00:20:16", "text": "right?"}, {"start": "00:20:14", "end": "00:20:18", "text": "Because it's almost like we're in the"}, {"start": "00:20:16", "end": "00:20:20", "text": "matrix sometimes. I look at this and I'm"}, {"start": "00:20:18", "end": "00:20:22", "text": "like, man, I just don't I don't know if"}, {"start": "00:20:20", "end": "00:20:24", "text": "this is if this is the reality or if"}, {"start": "00:20:22", "end": "00:20:26", "text": "this is just something that I'm I'm just"}, {"start": "00:20:24", "end": "00:20:29", "text": "experiencing, but man, it seems like"}, {"start": "00:20:26", "end": "00:20:34", "text": "some days that's pretty much how it is."}, {"start": "00:20:29", "end": "00:20:37", "text": "So, to to get back to this, I think it's"}, {"start": "00:20:34", "end": "00:20:40", "text": "it's a good one. Echo Lee had a good"}, {"start": "00:20:37", "end": "00:20:41", "text": "point, a good question. She says, \"What"}, {"start": "00:20:40", "end": "00:20:43", "text": "kind of bull run? Bitcoin only, crypto"}, {"start": "00:20:41", "end": "00:20:44", "text": "only, all markets? Tell me, tell me,"}, {"start": "00:20:43", "end": "00:20:47", "text": "tell me, tell me.\" Well, no one knows"}, {"start": "00:20:44", "end": "00:20:49", "text": "the future, but I will tell you that"}, {"start": "00:20:47", "end": "00:20:52", "text": "that is a great question, especially for"}, {"start": "00:20:49", "end": "00:20:53", "text": "these midterm years. So, we talk about"}, {"start": "00:20:52", "end": "00:20:56", "text": "this."}, {"start": "00:20:53", "end": "00:20:59", "text": "We know now that the probability for the"}, {"start": "00:20:56", "end": "00:21:00", "text": "Fed rate hike is closing in at 90%."}, {"start": "00:20:59", "end": "00:21:03", "text": ">> Wow."}, {"start": "00:21:00", "end": "00:21:06", "text": ">> This is almost a lock. However,"}, {"start": "00:21:03", "end": "00:21:08", "text": "take a look at some things historically"}, {"start": "00:21:06", "end": "00:21:10", "text": "speaking. We know about the four-ear"}, {"start": "00:21:08", "end": "00:21:12", "text": "cycles, you know, and the Bitcoin having"}, {"start": "00:21:10", "end": "00:21:16", "text": "and stuff like that, right? But as a"}, {"start": "00:21:12", "end": "00:21:19", "text": "reminder, those postall all-time high"}, {"start": "00:21:16", "end": "00:21:22", "text": "years is always a midterm year. So 2014"}, {"start": "00:21:19", "end": "00:21:26", "text": "is a midterm year. 2018, 22 and now 26."}, {"start": "00:21:22", "end": "00:21:28", "text": "Remember 2022 awful. 2018 really bad."}, {"start": "00:21:26", "end": "00:21:30", "text": "2014 super super bad. I wasn't around"}, {"start": "00:21:28", "end": "00:21:34", "text": "during that time, but sure. I mean, for"}, {"start": "00:21:30", "end": "00:21:35", "text": "for crypto-wise, but remember that in"}, {"start": "00:21:34", "end": "00:21:37", "text": "2018, you could have picked up Bitcoin"}, {"start": "00:21:35", "end": "00:21:39", "text": "for $3,000."}, {"start": "00:21:37", "end": "00:21:41", "text": "And in 2022, you could have picked up"}, {"start": "00:21:39", "end": "00:21:42", "text": "$15,000."}, {"start": "00:21:41", "end": "00:21:44", "text": "Right now, I know a lot of you would be"}, {"start": "00:21:42", "end": "00:21:46", "text": "like, I'll go back in time and do that."}, {"start": "00:21:44", "end": "00:21:48", "text": "Well, you can't. So, we have to deal"}, {"start": "00:21:46", "end": "00:21:50", "text": "with what we have right here. So, we"}, {"start": "00:21:48", "end": "00:21:54", "text": "know that in the midterm years, as far"}, {"start": "00:21:50", "end": "00:21:56", "text": "as the S&P 500, that it could give back"}, {"start": "00:21:54", "end": "00:21:57", "text": "positive like it's doing right now, but"}, {"start": "00:21:56", "end": "00:21:59", "text": "it's it's muted. Now, it's a little bit"}, {"start": "00:21:57", "end": "00:22:01", "text": "different now because of AI. This might"}, {"start": "00:21:59", "end": "00:22:03", "text": "be a generational thing, but usually"}, {"start": "00:22:01", "end": "00:22:06", "text": "historically speaking, the S&P 500 in"}, {"start": "00:22:03", "end": "00:22:09", "text": "the midterm years are the lowest ROI"}, {"start": "00:22:06", "end": "00:22:10", "text": "that you get in these cycles. And we can"}, {"start": "00:22:09", "end": "00:22:13", "text": "see it there. We can see it all the"}, {"start": "00:22:10", "end": "00:22:16", "text": "years here. Midterm years at 4.7, all"}, {"start": "00:22:13", "end": "00:22:18", "text": "the years traditionally 9.5 or above."}, {"start": "00:22:16", "end": "00:22:20", "text": "Again, midterm, midterm, midterm. And to"}, {"start": "00:22:18", "end": "00:22:24", "text": "answer Ekko's"}, {"start": "00:22:20", "end": "00:22:27", "text": "comment there, which was this,"}, {"start": "00:22:24", "end": "00:22:30", "text": "100% of the time since 1942, you bought"}, {"start": "00:22:27", "end": "00:22:32", "text": "the S&P 500 on the midterm election day,"}, {"start": "00:22:30", "end": "00:22:34", "text": "which Jerry, you know what it is? Is it"}, {"start": "00:22:32", "end": "00:22:36", "text": "November 2nd or third? I always forget,"}, {"start": "00:22:34", "end": "00:22:38", "text": "but if someone here, I'll go look at a"}, {"start": "00:22:36", "end": "00:22:40", "text": "calendar real quick. Go ahead."}, {"start": "00:22:38", "end": "00:22:42", "text": ">> Cool. So, if you buy November 2nd,"}, {"start": "00:22:40", "end": "00:22:47", "text": "historically speaking, that generated a"}, {"start": "00:22:42", "end": "00:22:49", "text": "median return of plus 15.2% 2% through"}, {"start": "00:22:47", "end": "00:22:51", "text": "June 30th of the following year. That's"}, {"start": "00:22:49", "end": "00:22:54", "text": "seven months forward. Let me say that"}, {"start": "00:22:51", "end": "00:22:56", "text": "again. Since 1942, buying S&P 500,"}, {"start": "00:22:54", "end": "00:22:58", "text": "medium return of plus 15%. That's"}, {"start": "00:22:56", "end": "00:22:59", "text": "usually around the lows. So when I talk"}, {"start": "00:22:58", "end": "00:23:01", "text": "about the four-year cycles, it's not"}, {"start": "00:22:59", "end": "00:23:03", "text": "just me saying like, hey, this m this,"}, {"start": "00:23:01", "end": "00:23:05", "text": "you know, Bitcoin having it's rooted in"}, {"start": "00:23:03", "end": "00:23:08", "text": "some historical facts about what's"}, {"start": "00:23:05", "end": "00:23:12", "text": "happening. So for Echo, I can say that"}, {"start": "00:23:08", "end": "00:23:14", "text": "uh I think it could be not just crypto,"}, {"start": "00:23:12", "end": "00:23:16", "text": "not just Bitcoin, but it could also be"}, {"start": "00:23:14", "end": "00:23:19", "text": "traditional markets like we just took a"}, {"start": "00:23:16", "end": "00:23:21", "text": "look at. So Jerry, knowing this"}, {"start": "00:23:19", "end": "00:23:23", "text": "information, what are you gonna what are"}, {"start": "00:23:21", "end": "00:23:24", "text": "you going to do with it? Start selling"}, {"start": "00:23:23", "end": "00:23:28", "text": "kidneys and"}, {"start": "00:23:24", "end": "00:23:31", "text": ">> No, no. I Okay. So, so"}, {"start": "00:23:28", "end": "00:23:35", "text": "I know that the two my two favorite"}, {"start": "00:23:31", "end": "00:23:37", "text": "assets which are basically"}, {"start": "00:23:35", "end": "00:23:39", "text": "the mag seven in the stock market and"}, {"start": "00:23:37", "end": "00:23:44", "text": "and Bitcoin"}, {"start": "00:23:39", "end": "00:23:46", "text": "um react slightly different in different"}, {"start": "00:23:44", "end": "00:23:48", "text": "environments. Bitcoin"}, {"start": "00:23:46", "end": "00:23:51", "text": "unfortunately"}, {"start": "00:23:48", "end": "00:23:54", "text": "doesn't react well in"}, {"start": "00:23:51", "end": "00:23:57", "text": "escalating rate environments. So, as the"}, {"start": "00:23:54", "end": "00:24:02", "text": "cost to borrow money"}, {"start": "00:23:57", "end": "00:24:04", "text": "increases, Bitcoin tends to"}, {"start": "00:24:02", "end": "00:24:06", "text": "react differently than when"}, {"start": "00:24:04", "end": "00:24:08", "text": "the cost to borrow"}, {"start": "00:24:06", "end": "00:24:12", "text": ">> is easier, right?"}, {"start": "00:24:08", "end": "00:24:15", "text": ">> And and so I'm seeing a setup for"}, {"start": "00:24:12", "end": "00:24:17", "text": "Bitcoin to be in like what I would call"}, {"start": "00:24:15", "end": "00:24:19", "text": "a more friendly buying environment for"}, {"start": "00:24:17", "end": "00:24:22", "text": "myself,"}, {"start": "00:24:19", "end": "00:24:25", "text": ">> even though it should be going up,"}, {"start": "00:24:22", "end": "00:24:30", "text": "right? It's a scarce asset. The the"}, {"start": "00:24:25", "end": "00:24:33", "text": "scarcity of it and the adoption of it,"}, {"start": "00:24:30", "end": "00:24:34", "text": "the setup is for it to appreciate."}, {"start": "00:24:33", "end": "00:24:37", "text": ">> Right."}, {"start": "00:24:34", "end": "00:24:40", "text": ">> Right. So, we're in this weird kind of"}, {"start": "00:24:37", "end": "00:24:44", "text": "it it it's really idiot. It's idiot"}, {"start": "00:24:40", "end": "00:24:45", "text": "land. Bitcoin should consistently be"}, {"start": "00:24:44", "end": "00:24:49", "text": "going up based off of those"}, {"start": "00:24:45", "end": "00:24:52", "text": "fundamentals, but because"}, {"start": "00:24:49", "end": "00:24:54", "text": "it's not adopted by the mainstream yet,"}, {"start": "00:24:52", "end": "00:24:58", "text": "it's still like one of these two and a"}, {"start": "00:24:54", "end": "00:25:00", "text": "half% type assets, right? The"}, {"start": "00:24:58", "end": "00:25:03", "text": ">> population of the world only about two"}, {"start": "00:25:00", "end": "00:25:05", "text": "and a half% own Bitcoin."}, {"start": "00:25:03", "end": "00:25:09", "text": "So, it's not going to react like"}, {"start": "00:25:05", "end": "00:25:11", "text": "something like real estate,"}, {"start": "00:25:09", "end": "00:25:12", "text": ">> which would be nice. real estate is"}, {"start": "00:25:11", "end": "00:25:16", "text": "different. You know what I mean? It's so"}, {"start": "00:25:12", "end": "00:25:17", "text": "so it's going to be interesting. I'm"}, {"start": "00:25:16", "end": "00:25:19", "text": "like I said, I've been kind of"}, {"start": "00:25:17", "end": "00:25:20", "text": "stockpiling cash for the last couple of"}, {"start": "00:25:19", "end": "00:25:22", "text": "months."}, {"start": "00:25:20", "end": "00:25:27", "text": ">> And I'm thinking that if if Bitcoin"}, {"start": "00:25:22", "end": "00:25:32", "text": "suffers another 6 8% 10% 12%"}, {"start": "00:25:27", "end": "00:25:35", "text": "um down slide, I'll I'll I'll deploy."}, {"start": "00:25:32", "end": "00:25:39", "text": "I'll I'll go for the one time. Here you"}, {"start": "00:25:35", "end": "00:25:41", "text": "go. I'll pack my bag."}, {"start": "00:25:39", "end": "00:25:42", "text": ">> That's a Yeah, a lot of people I think I"}, {"start": "00:25:41", "end": "00:25:43", "text": "think the people that that have the"}, {"start": "00:25:42", "end": "00:25:45", "text": "commitment, they're going to do it. And"}, {"start": "00:25:43", "end": "00:25:47", "text": "that that would be me and Jerry."}, {"start": "00:25:45", "end": "00:25:49", "text": ">> So, we'll see. We'll see how it all"}, {"start": "00:25:47", "end": "00:25:51", "text": "works out. But that would lead me to"}, {"start": "00:25:49", "end": "00:25:54", "text": "this last point and we'll get into the"}, {"start": "00:25:51", "end": "00:25:55", "text": "Q&A, which is about, you know, you said"}, {"start": "00:25:54", "end": "00:25:56", "text": "it Jerry, like, you know, this is the"}, {"start": "00:25:55", "end": "00:25:58", "text": "most sound money. This is the hardest"}, {"start": "00:25:56", "end": "00:25:59", "text": "asset out there. So, you would think"}, {"start": "00:25:58", "end": "00:26:01", "text": "people would just be buying buying"}, {"start": "00:25:59", "end": "00:26:04", "text": "buying like crazy. And I was thinking"}, {"start": "00:26:01", "end": "00:26:07", "text": "about this yesterday. I was watching uh"}, {"start": "00:26:04", "end": "00:26:08", "text": "Mr. Moritzio, he's got a good podcast."}, {"start": "00:26:07", "end": "00:26:10", "text": "You should check it out. I should link"}, {"start": "00:26:08", "end": "00:26:12", "text": "in the description, but he's over there"}, {"start": "00:26:10", "end": "00:26:14", "text": "at Bitcoin Asia and a lot of the guys on"}, {"start": "00:26:12", "end": "00:26:17", "text": "a panel were saying, you know, like,"}, {"start": "00:26:14", "end": "00:26:18", "text": "hey, you know, Bitcoin is the same thing"}, {"start": "00:26:17", "end": "00:26:20", "text": "Jerry just said. This is the hardest"}, {"start": "00:26:18", "end": "00:26:21", "text": "asset. You should be in like crazy. You"}, {"start": "00:26:20", "end": "00:26:23", "text": "should really be, you know, just"}, {"start": "00:26:21", "end": "00:26:24", "text": "absorbing this and you and a lot of"}, {"start": "00:26:23", "end": "00:26:27", "text": "people were saying you should never"}, {"start": "00:26:24", "end": "00:26:29", "text": "sell, which I disagree with, but uh"}, {"start": "00:26:27", "end": "00:26:31", "text": "because I got to tell you, I think you"}, {"start": "00:26:29", "end": "00:26:32", "text": "should rotate into different things as"}, {"start": "00:26:31", "end": "00:26:34", "text": "time goes on. Maybe you don't sell right"}, {"start": "00:26:32", "end": "00:26:37", "text": "into cash and put it in a savings"}, {"start": "00:26:34", "end": "00:26:40", "text": "account. That's kind of goofy. But it"}, {"start": "00:26:37", "end": "00:26:42", "text": "led me to this this thought process."}, {"start": "00:26:40", "end": "00:26:44", "text": "This might be a little bit out there."}, {"start": "00:26:42", "end": "00:26:46", "text": "Keto diet. Yeah, I know. I know. Just"}, {"start": "00:26:44", "end": "00:26:49", "text": "wait. Wait for this one. Just wait. This"}, {"start": "00:26:46", "end": "00:26:52", "text": "is a good one. So, the question is, why"}, {"start": "00:26:49", "end": "00:26:53", "text": "don't people"}, {"start": "00:26:52", "end": "00:26:54", "text": "invest into Bitcoin? Because it's the"}, {"start": "00:26:53", "end": "00:26:57", "text": "hardest asset. I think it just comes"}, {"start": "00:26:54", "end": "00:26:59", "text": "down to to diet, keto. This is a great"}, {"start": "00:26:57", "end": "00:27:02", "text": "channel, YouTube channel. It's uh Dr."}, {"start": "00:26:59", "end": "00:27:04", "text": "Gil Carboho, I think. Yeah. and he's a"}, {"start": "00:27:02", "end": "00:27:05", "text": "doctor and a PhD. And he talked about"}, {"start": "00:27:04", "end": "00:27:07", "text": "there's a recent study that came out and"}, {"start": "00:27:05", "end": "00:27:10", "text": "they compared four different types of uh"}, {"start": "00:27:07", "end": "00:27:13", "text": "of diets. He had keto, Mediterranean,"}, {"start": "00:27:10", "end": "00:27:14", "text": "lowfat, and then also a vegan diet,"}, {"start": "00:27:13", "end": "00:27:15", "text": "which to me sounds absolutely"}, {"start": "00:27:14", "end": "00:27:18", "text": "disgusting. But I mean, that's that's"}, {"start": "00:27:15", "end": "00:27:20", "text": "for people. I am more of a carnivore,"}, {"start": "00:27:18", "end": "00:27:22", "text": "meat, six eggs a day, and then just a"}, {"start": "00:27:20", "end": "00:27:26", "text": "side of steak to kind of make everything"}, {"start": "00:27:22", "end": "00:27:28", "text": "go down smooth. But uh the study itself"}, {"start": "00:27:26", "end": "00:27:31", "text": "took a look at these different diets and"}, {"start": "00:27:28", "end": "00:27:34", "text": "about which ones could have the most uh"}, {"start": "00:27:31", "end": "00:27:37", "text": "beneficial effects and this is across"}, {"start": "00:27:34", "end": "00:27:40", "text": "the board. Carbs 4% in keto was pretty"}, {"start": "00:27:37", "end": "00:27:42", "text": "low 50% Mediterranean and low fat 7%."}, {"start": "00:27:40", "end": "00:27:46", "text": "And what they found is that muscle ins"}, {"start": "00:27:42", "end": "00:27:48", "text": "insulin resistance insulin resistance"}, {"start": "00:27:46", "end": "00:27:51", "text": "was pretty good on the Mediterranean"}, {"start": "00:27:48", "end": "00:27:53", "text": "lowfat not so much on the uh vegan type"}, {"start": "00:27:51", "end": "00:27:55", "text": "of thing. and keto saw similar"}, {"start": "00:27:53", "end": "00:27:57", "text": "improvement but then liver insulin"}, {"start": "00:27:55", "end": "00:27:59", "text": "resistance it was two to three times"}, {"start": "00:27:57", "end": "00:28:01", "text": "greater in the keto and then fasting"}, {"start": "00:27:59", "end": "00:28:03", "text": "glucose was low 12 points and then"}, {"start": "00:28:01", "end": "00:28:05", "text": "pre-diabetes complete reversal half of"}, {"start": "00:28:03", "end": "00:28:08", "text": "the participants in this study and it"}, {"start": "00:28:05", "end": "00:28:10", "text": "was like a multi-year study actually had"}, {"start": "00:28:08", "end": "00:28:11", "text": "pre-diabetics complete reversal so you"}, {"start": "00:28:10", "end": "00:28:13", "text": "think to yourself well that's the best"}, {"start": "00:28:11", "end": "00:28:15", "text": "diet why isn't anybody on that I mean"}, {"start": "00:28:13", "end": "00:28:16", "text": "Mediterranean sounds pretty good lowfat"}, {"start": "00:28:15", "end": "00:28:18", "text": "sounds pretty good so why doesn't"}, {"start": "00:28:16", "end": "00:28:20", "text": "everybody just do keto because we got"}, {"start": "00:28:18", "end": "00:28:21", "text": "all these these things out there and"}, {"start": "00:28:20", "end": "00:28:22", "text": "it's the same question you might ask"}, {"start": "00:28:21", "end": "00:28:24", "text": "yourself is why aren't people buying"}, {"start": "00:28:22", "end": "00:28:27", "text": "Bitcoin? Because like Jerry said and"}, {"start": "00:28:24", "end": "00:28:29", "text": "Michael Sailor and everybody else,"}, {"start": "00:28:27", "end": "00:28:31", "text": "Bitcoin is the most sound money. It's"}, {"start": "00:28:29", "end": "00:28:34", "text": "absolute scarcity. And that's true,"}, {"start": "00:28:31", "end": "00:28:36", "text": "right? You can't make any more Bitcoin."}, {"start": "00:28:34", "end": "00:28:38", "text": "You can make Bitcoin SV and, you know,"}, {"start": "00:28:36", "end": "00:28:41", "text": "Bitcoin gold and Bitcoin diamond and"}, {"start": "00:28:38", "end": "00:28:43", "text": "Bitcoin couch cushion or whatever, but"}, {"start": "00:28:41", "end": "00:28:46", "text": "you can't make"}, {"start": "00:28:43", "end": "00:28:47", "text": "Bitcoin and it's just purely scarce at"}, {"start": "00:28:46", "end": "00:28:50", "text": "21 million and it's pure digital"}, {"start": "00:28:47", "end": "00:28:53", "text": "property, best asset for you. And we"}, {"start": "00:28:50", "end": "00:28:55", "text": "always look at that and say, \"Well, keto"}, {"start": "00:28:53", "end": "00:28:57", "text": "is a great diet, but why don't you"}, {"start": "00:28:55", "end": "00:28:58", "text": "superers size it for me? I'll take the"}, {"start": "00:28:57", "end": "00:29:01", "text": "extra fries and I'm not going to do"}, {"start": "00:28:58", "end": "00:29:02", "text": "that.\" It's because I think that the"}, {"start": "00:29:01", "end": "00:29:05", "text": "things that are good for us, sometimes"}, {"start": "00:29:02", "end": "00:29:07", "text": "we just don't do it as much as possible."}, {"start": "00:29:05", "end": "00:29:08", "text": "And I think people look at that who run"}, {"start": "00:29:07", "end": "00:29:10", "text": "like the keto or the carnivore diet or"}, {"start": "00:29:08", "end": "00:29:12", "text": "anything else, if you get into those"}, {"start": "00:29:10", "end": "00:29:14", "text": "type of diet type of things, you've got"}, {"start": "00:29:12", "end": "00:29:16", "text": "people who are going to say that is the"}, {"start": "00:29:14", "end": "00:29:19", "text": "only way to do stuff. And I think we can"}, {"start": "00:29:16", "end": "00:29:21", "text": "see that in Bitcoin. So, how does that"}, {"start": "00:29:19", "end": "00:29:24", "text": "transcribe to"}, {"start": "00:29:21", "end": "00:29:26", "text": "the diets in America? You know, only 5%"}, {"start": "00:29:24", "end": "00:29:30", "text": "of people are on keto."}, {"start": "00:29:26", "end": "00:29:32", "text": "It was 7% in 2022. Low carb, seven, 8%"}, {"start": "00:29:30", "end": "00:29:35", "text": "Mediterranean, plant-based, 3%. That's"}, {"start": "00:29:32", "end": "00:29:38", "text": "low. And a lot of people just have"}, {"start": "00:29:35", "end": "00:29:40", "text": "horrible diet plans. Why? It's good for"}, {"start": "00:29:38", "end": "00:29:42", "text": "them. They should be on something like"}, {"start": "00:29:40", "end": "00:29:45", "text": "this. Why don't they get Bitcoin?"}, {"start": "00:29:42", "end": "00:29:46", "text": "Because they just even though it's they"}, {"start": "00:29:45", "end": "00:29:48", "text": "know it's it's a it's a hard ass, they"}, {"start": "00:29:46", "end": "00:29:51", "text": "just don't do it. How many Americans own"}, {"start": "00:29:48", "end": "00:29:54", "text": "Bitcoin? Between 10 and 12%. That's a"}, {"start": "00:29:51", "end": "00:29:57", "text": "That's America. Bitcoin adoption in 2026"}, {"start": "00:29:54", "end": "00:29:58", "text": "globally 4.5%."}, {"start": "00:29:57", "end": "00:30:01", "text": "I think the problem then is, you know,"}, {"start": "00:29:58", "end": "00:30:03", "text": "people call it for like it's going to a"}, {"start": "00:30:01", "end": "00:30:05", "text": "bajillion, it's going to zero. I think"}, {"start": "00:30:03", "end": "00:30:07", "text": "it's somewhere in the middle because"}, {"start": "00:30:05", "end": "00:30:09", "text": "they think that adoption's supposed to"}, {"start": "00:30:07", "end": "00:30:11", "text": "happen because it's so awesome. That's"}, {"start": "00:30:09", "end": "00:30:12", "text": "not how it works. It's just going to"}, {"start": "00:30:11", "end": "00:30:14", "text": "take a lot longer than I think. And"}, {"start": "00:30:12", "end": "00:30:16", "text": "that's why like I track everybody's"}, {"start": "00:30:14", "end": "00:30:18", "text": "price predictions and so far every"}, {"start": "00:30:16", "end": "00:30:21", "text": "single person has been wrong. Every"}, {"start": "00:30:18", "end": "00:30:23", "text": "single person I got in 2017 was wrong."}, {"start": "00:30:21", "end": "00:30:27", "text": "Every single person every single person"}, {"start": "00:30:23", "end": "00:30:31", "text": "was wrong. And we're tracking that just"}, {"start": "00:30:27", "end": "00:30:33", "text": "to see how it is. And like like this"}, {"start": "00:30:31", "end": "00:30:35", "text": "Samson Mau said Bitcoin would be a"}, {"start": "00:30:33", "end": "00:30:37", "text": "million in January 2026. That didn't"}, {"start": "00:30:35", "end": "00:30:40", "text": "happen."}, {"start": "00:30:37", "end": "00:30:43", "text": "Michael Sailor a million May 2020. That"}, {"start": "00:30:40", "end": "00:30:46", "text": "didn't happen. Matthew Seagull from Van,"}, {"start": "00:30:43", "end": "00:30:48", "text": "which has been pretty spot-on. He thinks"}, {"start": "00:30:46", "end": "00:30:51", "text": "Bitcoin go to a million by 2029. Adam"}, {"start": "00:30:48", "end": "00:30:53", "text": "Back says a million by 2028. And you can"}, {"start": "00:30:51", "end": "00:30:58", "text": "take a look at these on the browse"}, {"start": "00:30:53", "end": "00:31:00", "text": "function. How do I do this here? Yeah."}, {"start": "00:30:58", "end": "00:31:02", "text": "And you can break this down by all these"}, {"start": "00:31:00", "end": "00:31:05", "text": "ridiculous price predictions. My"}, {"start": "00:31:02", "end": "00:31:08", "text": "favorite so far is Ralph Pal May 2026,"}, {"start": "00:31:05", "end": "00:31:08", "text": "450K."}, {"start": "00:31:08", "end": "00:31:12", "text": "Again,"}, {"start": "00:31:10", "end": "00:31:14", "text": "I think that Bitcoin is the hardest"}, {"start": "00:31:12", "end": "00:31:16", "text": "asset like Jerry talked about. I think"}, {"start": "00:31:14", "end": "00:31:19", "text": "it's probably the best sound money. I"}, {"start": "00:31:16", "end": "00:31:20", "text": "think it's obviously very scarce and it"}, {"start": "00:31:19", "end": "00:31:23", "text": "can do great things and it should be in"}, {"start": "00:31:20", "end": "00:31:25", "text": "everybody's portfolio. I just don't see"}, {"start": "00:31:23", "end": "00:31:27", "text": "the adoption happening like like some"}, {"start": "00:31:25", "end": "00:31:28", "text": "people do. I think it's going to take a"}, {"start": "00:31:27", "end": "00:31:30", "text": "little bit more of a grind and I think"}, {"start": "00:31:28", "end": "00:31:31", "text": "it's more resilient than they actually"}, {"start": "00:31:30", "end": "00:31:34", "text": "say. And that's why I think with this"}, {"start": "00:31:31", "end": "00:31:36", "text": "this rate hike, I don't expect uh"}, {"start": "00:31:34", "end": "00:31:38", "text": "massive massive swings, but we'll see."}, {"start": "00:31:36", "end": "00:31:41", "text": "Jerry, that was a lot to go over. I'm"}, {"start": "00:31:38", "end": "00:31:45", "text": "sorry. What's your thoughts on that one?"}, {"start": "00:31:41", "end": "00:31:47", "text": ">> Uh, you know, adoption, I think I think"}, {"start": "00:31:45", "end": "00:31:51", "text": "as opposed to"}, {"start": "00:31:47", "end": "00:31:54", "text": "number go up, adoption in this element"}, {"start": "00:31:51", "end": "00:31:57", "text": "is going to be around education, right?"}, {"start": "00:31:54", "end": "00:32:00", "text": "And I'll be honest, when I I found"}, {"start": "00:31:57", "end": "00:32:03", "text": "Bitcoin, it was through Bitcoin that I"}, {"start": "00:32:00", "end": "00:32:06", "text": "learned financial literacy that that I"}, {"start": "00:32:03", "end": "00:32:09", "text": "started to understand monetary policy"}, {"start": "00:32:06", "end": "00:32:14", "text": "and the effects of it. And so"}, {"start": "00:32:09", "end": "00:32:16", "text": "I I think that the first phase of"}, {"start": "00:32:14", "end": "00:32:17", "text": "Bitcoin's adoption was because the"}, {"start": "00:32:16", "end": "00:32:18", "text": "number went up."}, {"start": "00:32:17", "end": "00:32:20", "text": ">> Oh yeah."}, {"start": "00:32:18", "end": "00:32:23", "text": ">> People just saw the number go up and and"}, {"start": "00:32:20", "end": "00:32:28", "text": "piled into it. I was that guy. Right."}, {"start": "00:32:23", "end": "00:32:31", "text": "December of 2017 that that massive uh"}, {"start": "00:32:28", "end": "00:32:34", "text": "blowoff top that we had attracted me to"}, {"start": "00:32:31", "end": "00:32:36", "text": "the space. Um, one of the things I think"}, {"start": "00:32:34", "end": "00:32:39", "text": "is going to be interesting is to see how"}, {"start": "00:32:36", "end": "00:32:43", "text": "this new age of information through AI"}, {"start": "00:32:39", "end": "00:32:45", "text": "and tools like our chat GDvTs and our"}, {"start": "00:32:43", "end": "00:32:46", "text": "clauds and our Geminis and our Grob"}, {"start": "00:32:45", "end": "00:32:50", "text": "bots."}, {"start": "00:32:46", "end": "00:32:53", "text": ">> Yeah. um how that"}, {"start": "00:32:50", "end": "00:32:56", "text": "industry will affect this industry,"}, {"start": "00:32:53", "end": "00:32:58", "text": "right? Because information"}, {"start": "00:32:56", "end": "00:32:58", "text": "is the key,"}, {"start": "00:32:58", "end": "00:33:00", "text": ">> right?"}, {"start": "00:32:58", "end": "00:33:04", "text": ">> Information is the key. The moment"}, {"start": "00:33:00", "end": "00:33:06", "text": "somebody realizes that their currency is"}, {"start": "00:33:04", "end": "00:33:10", "text": "not money, that it's just currency and"}, {"start": "00:33:06", "end": "00:33:11", "text": "money is things like gold and bitcoin,"}, {"start": "00:33:10", "end": "00:33:14", "text": "etc. Mhm."}, {"start": "00:33:11", "end": "00:33:17", "text": ">> It changes. It changes how you look at"}, {"start": "00:33:14", "end": "00:33:20", "text": "stuff. And therefore, when those"}, {"start": "00:33:17", "end": "00:33:24", "text": "perceptions change, a lot of times"}, {"start": "00:33:20", "end": "00:33:28", "text": "action and behavior will follow. Right."}, {"start": "00:33:24", "end": "00:33:28", "text": "You start putting currency into assets."}, {"start": "00:33:28", "end": "00:33:33", "text": ">> Right."}, {"start": "00:33:28", "end": "00:33:37", "text": ">> Right. And that that is the virtuous"}, {"start": "00:33:33", "end": "00:33:42", "text": "cycle that I'm hoping will continue."}, {"start": "00:33:37", "end": "00:33:44", "text": "Bitcoin will get adopted if education"}, {"start": "00:33:42", "end": "00:33:46", "text": "is spread"}, {"start": "00:33:44", "end": "00:33:47", "text": "and adopted."}, {"start": "00:33:46", "end": "00:33:49", "text": ">> You know who's doing a great job of"}, {"start": "00:33:47", "end": "00:33:51", "text": "education"}, {"start": "00:33:49", "end": "00:33:53", "text": "is Randy Hipper,"}, {"start": "00:33:51", "end": "00:33:54", "text": ">> right? She's great."}, {"start": "00:33:53", "end": "00:33:56", "text": ">> And I I had her on the show for that"}, {"start": "00:33:54", "end": "00:33:58", "text": "that 20our live stream. I think she was"}, {"start": "00:33:56", "end": "00:34:00", "text": "like two se two sessions before we did"}, {"start": "00:33:58", "end": "00:34:03", "text": "our interview. But, uh, you know, she's"}, {"start": "00:34:00", "end": "00:34:04", "text": "always on, you know, Fox News and she's"}, {"start": "00:34:03", "end": "00:34:06", "text": "going to all these different conferences"}, {"start": "00:34:04", "end": "00:34:07", "text": "and and the video that we dropped today,"}, {"start": "00:34:06", "end": "00:34:09", "text": "it was just just a rehash of that"}, {"start": "00:34:07", "end": "00:34:12", "text": "interview, but she talked about going"}, {"start": "00:34:09", "end": "00:34:12", "text": "to, uh, Bitcoin China or Bitcoin Hong"}, {"start": "00:34:12", "end": "00:34:14", "text": "Kong."}, {"start": "00:34:12", "end": "00:34:15", "text": ">> And she said that and I I thought I was"}, {"start": "00:34:14", "end": "00:34:17", "text": "like, well, how was it? You know, just a"}, {"start": "00:34:15", "end": "00:34:19", "text": "couple people, you know, a good amount"}, {"start": "00:34:17", "end": "00:34:21", "text": "of people there. She's like, you know,"}, {"start": "00:34:19", "end": "00:34:23", "text": "when we did it, we had so much"}, {"start": "00:34:21", "end": "00:34:25", "text": "enthusiasm for the Q&A, we actually went"}, {"start": "00:34:23", "end": "00:34:27", "text": "15 minutes over and we pushed everybody"}, {"start": "00:34:25", "end": "00:34:28", "text": "back because everybody kept asking more"}, {"start": "00:34:27", "end": "00:34:30", "text": "questions and more questions and more"}, {"start": "00:34:28", "end": "00:34:32", "text": "questions about it. So, she goes, \"Yeah,"}, {"start": "00:34:30", "end": "00:34:33", "text": "people want it. They are excited about"}, {"start": "00:34:32", "end": "00:34:35", "text": "it, but it really comes down to"}, {"start": "00:34:33", "end": "00:34:37", "text": "education.\" And that was a that was an"}, {"start": "00:34:35", "end": "00:34:41", "text": "eye openener for me. I'm like, \"Oh,"}, {"start": "00:34:37", "end": "00:34:43", "text": "maybe things are going to be just fine.\""}, {"start": "00:34:41", "end": "00:34:45", "text": "We'll see."}, {"start": "00:34:43", "end": "00:34:47", "text": "Alrighty. So, everybody, that will"}, {"start": "00:34:45", "end": "00:34:48", "text": "conclude it for that section. If you"}, {"start": "00:34:47", "end": "00:34:50", "text": "want to stick around, do a little Q&A,"}, {"start": "00:34:48", "end": "00:34:51", "text": "Jerry's going to answer all your"}, {"start": "00:34:50", "end": "00:34:54", "text": "questions. I'm going to read them out to"}, {"start": "00:34:51", "end": "00:34:55", "text": "him and uh stick around. We'll see how"}, {"start": "00:34:54", "end": "00:34:58", "text": "it goes. There was a good one from"}, {"start": "00:34:55", "end": "00:35:01", "text": "Shaolin."}, {"start": "00:34:58", "end": "00:35:05", "text": "He said, \"With 70% real estate sellers"}, {"start": "00:35:01", "end": "00:35:08", "text": "not finding a buyer at their some"}, {"start": "00:35:05", "end": "00:35:11", "text": "ridiculously high prices.\" I just saw"}, {"start": "00:35:08", "end": "00:35:13", "text": "one. I was I was on the beach yesterday."}, {"start": "00:35:11", "end": "00:35:14", "text": "You I was we were playing volleyball and"}, {"start": "00:35:13", "end": "00:35:16", "text": "uh one of the new guys was there. He"}, {"start": "00:35:14", "end": "00:35:18", "text": "just moved to Puerto Rico. I said, I go"}, {"start": "00:35:16", "end": "00:35:19", "text": "I go, \"Hey, how's how's everything going"}, {"start": "00:35:18", "end": "00:35:22", "text": "for finding a place?\" He's like, \"It"}, {"start": "00:35:19", "end": "00:35:23", "text": "sucks here.\" He goes, \"I was\" And"}, {"start": "00:35:22", "end": "00:35:25", "text": "because he's looking at like beachfront"}, {"start": "00:35:23", "end": "00:35:28", "text": "property, and he's he's looking and"}, {"start": "00:35:25", "end": "00:35:30", "text": "there was a condo, fourth floor,"}, {"start": "00:35:28", "end": "00:35:32", "text": "onebedroom. Hold on. Was it one? Yeah."}, {"start": "00:35:30", "end": "00:35:33", "text": "No, no, twobedroom, one bath. Not"}, {"start": "00:35:32", "end": "00:35:34", "text": "anything grandiose or anything like"}, {"start": "00:35:33", "end": "00:35:37", "text": "that. I'm like, \"Well, how much they"}, {"start": "00:35:34", "end": "00:35:41", "text": "want?\" Says 1.5 million and it needs"}, {"start": "00:35:37", "end": "00:35:43", "text": "$400,000 worth of renovation and he owes"}, {"start": "00:35:41", "end": "00:35:46", "text": "back taxes and he expects that to be"}, {"start": "00:35:43", "end": "00:35:47", "text": "paid by the buyer. And that's like a"}, {"start": "00:35:46", "end": "00:35:49", "text": "thing. I'm like, yeah, it's not going to"}, {"start": "00:35:47", "end": "00:35:50", "text": "happen. But Shaolin says, you know, real"}, {"start": "00:35:49", "end": "00:35:53", "text": "estate sellers not finding a buyer at"}, {"start": "00:35:50", "end": "00:35:56", "text": "their high prices. How is WSH going to"}, {"start": "00:35:53", "end": "00:35:57", "text": "raise rates? Housing would collapse. Or"}, {"start": "00:35:56", "end": "00:35:59", "text": "am I wrong? Jerry, what's your thoughts?"}, {"start": "00:35:57", "end": "00:36:02", "text": "Because I know like if he raises rates,"}, {"start": "00:35:59", "end": "00:36:02", "text": "it it can or cannot affect the 30 year"}, {"start": "00:36:02", "end": "00:36:04", "text": "or"}, {"start": "00:36:02", "end": "00:36:08", "text": ">> so."}, {"start": "00:36:04", "end": "00:36:10", "text": "So there are two"}, {"start": "00:36:08", "end": "00:36:15", "text": "popular means in which f uh real estate"}, {"start": "00:36:10", "end": "00:36:18", "text": "gets financed. um short-term variable"}, {"start": "00:36:15", "end": "00:36:19", "text": "elements or long-term fixed elements,"}, {"start": "00:36:18", "end": "00:36:21", "text": "right?"}, {"start": "00:36:19", "end": "00:36:25", "text": ">> And so"}, {"start": "00:36:21", "end": "00:36:28", "text": "um it's going to always be easier to get"}, {"start": "00:36:25", "end": "00:36:30", "text": "a very low introductory rate."}, {"start": "00:36:28", "end": "00:36:32", "text": "And if people really want a house,"}, {"start": "00:36:30", "end": "00:36:32", "text": "they're going to do that."}, {"start": "00:36:32", "end": "00:36:34", "text": ">> Yeah."}, {"start": "00:36:32", "end": "00:36:37", "text": ">> Right. They're going to do that."}, {"start": "00:36:34", "end": "00:36:40", "text": "um it's those 30-year mortgages that are"}, {"start": "00:36:37", "end": "00:36:43", "text": "most affected by"}, {"start": "00:36:40", "end": "00:36:45", "text": "the long tail of of the bond market. And"}, {"start": "00:36:43", "end": "00:36:49", "text": "so, um"}, {"start": "00:36:45", "end": "00:36:52", "text": "I think you'll see that kick up. Then"}, {"start": "00:36:49", "end": "00:36:54", "text": "the other element is can you cash flow a"}, {"start": "00:36:52", "end": "00:36:56", "text": "property? Right? If you're buying a"}, {"start": "00:36:54", "end": "00:37:00", "text": "property, maybe you're buying it as an"}, {"start": "00:36:56", "end": "00:37:04", "text": "investment, cash flow trumps cost as"}, {"start": "00:37:00", "end": "00:37:05", "text": "long as cash flow exceeds cost."}, {"start": "00:37:04", "end": "00:37:06", "text": "Right,"}, {"start": "00:37:05", "end": "00:37:10", "text": ">> right, right, right."}, {"start": "00:37:06", "end": "00:37:12", "text": ">> And so like that seller in Puerto Rico"}, {"start": "00:37:10", "end": "00:37:16", "text": "selling the condo, right? Probably"}, {"start": "00:37:12", "end": "00:37:16", "text": "probably a,000 or,00 square foot condo."}, {"start": "00:37:16", "end": "00:37:19", "text": ">> Yeah."}, {"start": "00:37:16", "end": "00:37:21", "text": ">> For a million5 and it needs 450,000 in"}, {"start": "00:37:19", "end": "00:37:23", "text": "renovation. [laughter] Plus, it has has"}, {"start": "00:37:21", "end": "00:37:25", "text": "how many years of back taxes?"}, {"start": "00:37:23", "end": "00:37:27", "text": ">> Oh, I I don't know how many years it"}, {"start": "00:37:25", "end": "00:37:28", "text": "was. It was it was heavy."}, {"start": "00:37:27", "end": "00:37:31", "text": ">> Oh my goodness."}, {"start": "00:37:28", "end": "00:37:32", "text": ">> Um, that sucker probably cash flows"}, {"start": "00:37:31", "end": "00:37:34", "text": "pretty well,"}, {"start": "00:37:32", "end": "00:37:35", "text": ">> probably. So,"}, {"start": "00:37:34", "end": "00:37:37", "text": ">> you know what I mean? But if you're"}, {"start": "00:37:35", "end": "00:37:38", "text": "going to buy it to live in it, then then"}, {"start": "00:37:37", "end": "00:37:40", "text": "it's not a cash, you know what I mean?"}, {"start": "00:37:38", "end": "00:37:41", "text": "Then it's like, \"Oh my goodness, I this"}, {"start": "00:37:40", "end": "00:37:43", "text": "is ridiculous.\""}, {"start": "00:37:41", "end": "00:37:45", "text": ">> I know. And and what's funny like um"}, {"start": "00:37:43", "end": "00:37:48", "text": "like like people would say, and it it"}, {"start": "00:37:45", "end": "00:37:51", "text": "makes sense if you if you lay it out,"}, {"start": "00:37:48", "end": "00:37:52", "text": "you know, don't pay off your your your"}, {"start": "00:37:51", "end": "00:37:54", "text": "mortgage, especially if you have a low"}, {"start": "00:37:52", "end": "00:37:57", "text": "rate, especially if you lock something"}, {"start": "00:37:54", "end": "00:37:58", "text": "in like the 2020s, 2021, 2020, somewhere"}, {"start": "00:37:57", "end": "00:38:00", "text": "around there, you know, right after"}, {"start": "00:37:58", "end": "00:38:04", "text": "COVID. Oh, was great. you're looking at"}, {"start": "00:38:00", "end": "00:38:07", "text": "like 2.75, 3.125, 30-year mortgage,"}, {"start": "00:38:04", "end": "00:38:10", "text": "nothing. And uh it's true. And then um"}, {"start": "00:38:07", "end": "00:38:12", "text": "you know, I me and the wife, we we paid"}, {"start": "00:38:10", "end": "00:38:14", "text": "off our properties. It wasn't like 3%,"}, {"start": "00:38:12", "end": "00:38:16", "text": "it was a little bit higher. And then I I"}, {"start": "00:38:14", "end": "00:38:19", "text": "saw this yesterday and I was kind of I"}, {"start": "00:38:16", "end": "00:38:21", "text": "was kind of blown away. Graham Steven, I"}, {"start": "00:38:19", "end": "00:38:23", "text": "think most of us know him for real"}, {"start": "00:38:21", "end": "00:38:26", "text": "estate. He talked about in this video,"}, {"start": "00:38:23", "end": "00:38:28", "text": "he goes, \"I paid off my 2 point that's"}, {"start": "00:38:26", "end": "00:38:32", "text": "kind of crazy. I paid off my 2.875% 875%"}, {"start": "00:38:28", "end": "00:38:34", "text": "mortgage. Dave Dave Ramsey was right."}, {"start": "00:38:32", "end": "00:38:36", "text": "And he talks about how it wasn't a"}, {"start": "00:38:34", "end": "00:38:38", "text": "really it wasn't a super efficient move"}, {"start": "00:38:36", "end": "00:38:40", "text": "to do that. He could have saved that"}, {"start": "00:38:38", "end": "00:38:42", "text": "money that he put into it. He could have"}, {"start": "00:38:40", "end": "00:38:44", "text": "bought into something else. He could"}, {"start": "00:38:42", "end": "00:38:46", "text": "have put into more equities or or more"}, {"start": "00:38:44", "end": "00:38:47", "text": "types of crypto, whatever he was talking"}, {"start": "00:38:46", "end": "00:38:49", "text": "about. But he said, he goes, \"There's"}, {"start": "00:38:47", "end": "00:38:51", "text": "something about just having it off the"}, {"start": "00:38:49", "end": "00:38:53", "text": "books and not have to deal with it is"}, {"start": "00:38:51", "end": "00:38:55", "text": "like a big stress relief.\" And I got to"}, {"start": "00:38:53", "end": "00:38:57", "text": "tell you, I agree with him. But as far"}, {"start": "00:38:55", "end": "00:38:59", "text": "as like for investing, it's not a great"}, {"start": "00:38:57", "end": "00:39:01", "text": "investing advice. It's a good like"}, {"start": "00:38:59", "end": "00:39:04", "text": "mental health advice, but uh yeah, it"}, {"start": "00:39:01", "end": "00:39:06", "text": "was something."}, {"start": "00:39:04", "end": "00:39:10", "text": "All right."}, {"start": "00:39:06", "end": "00:39:12", "text": "Oh, A1 Rising. Gas convenience stores"}, {"start": "00:39:10", "end": "00:39:14", "text": "are cash machines. If you got a good"}, {"start": "00:39:12", "end": "00:39:16", "text": "spot, just one store, you can retire in"}, {"start": "00:39:14", "end": "00:39:20", "text": "10 years. The money made. I'd always"}, {"start": "00:39:16", "end": "00:39:23", "text": "been under the assumption that the gas"}, {"start": "00:39:20", "end": "00:39:24", "text": "company, not the gas companies, uh gas"}, {"start": "00:39:23", "end": "00:39:27", "text": "station companies, you know, you go to"}, {"start": "00:39:24", "end": "00:39:28", "text": "you go to Shell,"}, {"start": "00:39:27", "end": "00:39:30", "text": "uh you go to a couple of different ones"}, {"start": "00:39:28", "end": "00:39:32", "text": "that are out there, and they don't make"}, {"start": "00:39:30", "end": "00:39:35", "text": "much money on the gas themselves. It's"}, {"start": "00:39:32", "end": "00:39:38", "text": "when you go into the place to go buy"}, {"start": "00:39:35", "end": "00:39:39", "text": "your Coca-Cola, you go buy your popcorn"}, {"start": "00:39:38", "end": "00:39:41", "text": "or whatever else. That's where they make"}, {"start": "00:39:39", "end": "00:39:43", "text": "that's that's their their real revenue."}, {"start": "00:39:41", "end": "00:39:45", "text": "So, I'm I'm curious like how they gouge"}, {"start": "00:39:43", "end": "00:39:46", "text": "the prices, why they would gouge the"}, {"start": "00:39:45", "end": "00:39:48", "text": "price because they just want people to"}, {"start": "00:39:46", "end": "00:39:50", "text": "come in."}, {"start": "00:39:48", "end": "00:39:52", "text": "Gary, thoughts on that one?"}, {"start": "00:39:50", "end": "00:39:56", "text": ">> I"}, {"start": "00:39:52", "end": "00:40:00", "text": "never had this thought until after I was"}, {"start": "00:39:56", "end": "00:40:04", "text": "out of the United States, but the that"}, {"start": "00:40:00", "end": "00:40:08", "text": "particular statement, right, A1 is is"}, {"start": "00:40:04", "end": "00:40:10", "text": "100% on point. When you can get a"}, {"start": "00:40:08", "end": "00:40:14", "text": "widget, whether it be a bottle of water,"}, {"start": "00:40:10", "end": "00:40:18", "text": "a bottle of Coca-Cola, candy bar,"}, {"start": "00:40:14", "end": "00:40:22", "text": "at a wholesale rate, sell it at retail,"}, {"start": "00:40:18", "end": "00:40:23", "text": "right? Make 120% margin."}, {"start": "00:40:22", "end": "00:40:28", "text": ">> Yeah."}, {"start": "00:40:23", "end": "00:40:30", "text": ">> And be busy from your 6:00 a.m. to 1000"}, {"start": "00:40:28", "end": "00:40:33", "text": "p.m."}, {"start": "00:40:30", "end": "00:40:36", "text": "time frame."}, {"start": "00:40:33", "end": "00:40:36", "text": "It is a license to print money."}, {"start": "00:40:36", "end": "00:40:38", "text": "Right."}, {"start": "00:40:36", "end": "00:40:41", "text": ">> It is just"}, {"start": "00:40:38", "end": "00:40:43", "text": ">> it's I mean I over and over again. But"}, {"start": "00:40:41", "end": "00:40:46", "text": "again, location is everything. In those"}, {"start": "00:40:43", "end": "00:40:49", "text": "particular things, the most valuable"}, {"start": "00:40:46", "end": "00:40:51", "text": "asset you have is your location. You"}, {"start": "00:40:49", "end": "00:40:53", "text": "need to be in proximity of that kind of"}, {"start": "00:40:51", "end": "00:40:57", "text": "market that where you're you're busy"}, {"start": "00:40:53", "end": "00:40:59", "text": "that's constantly inflow. The gas, if"}, {"start": "00:40:57", "end": "00:41:01", "text": "you even break if you just break even on"}, {"start": "00:40:59", "end": "00:41:03", "text": "the gas, which most people don't, right?"}, {"start": "00:41:01", "end": "00:41:06", "text": "They're going to make a margin on the"}, {"start": "00:41:03", "end": "00:41:08", "text": "gas, but it's nowhere near the margin of"}, {"start": "00:41:06", "end": "00:41:12", "text": "the products inside the doors."}, {"start": "00:41:08", "end": "00:41:17", "text": ">> Right. This is JD says margins are thin"}, {"start": "00:41:12", "end": "00:41:17", "text": "on gas. Slim gyms are marked up 10,000%."}, {"start": "00:41:18", "end": "00:41:21", "text": ">> Because they're delicious. Hey, and"}, {"start": "00:41:19", "end": "00:41:23", "text": "memes got a good point here. W and this"}, {"start": "00:41:21", "end": "00:41:25", "text": "is a good reminder for everybody. W is"}, {"start": "00:41:23", "end": "00:41:27", "text": "only one vote. You know, he's the"}, {"start": "00:41:25", "end": "00:41:30", "text": "governor, he's chair, whatever. even if"}, {"start": "00:41:27", "end": "00:41:32", "text": "he votes no, I think we will see a small"}, {"start": "00:41:30", "end": "00:41:33", "text": "rate hike because the other members, the"}, {"start": "00:41:32", "end": "00:41:35", "text": "governors seem to be leaning that way."}, {"start": "00:41:33", "end": "00:41:38", "text": "And I remember in the last when they"}, {"start": "00:41:35", "end": "00:41:41", "text": "didn't do rate hikes, they did say that"}, {"start": "00:41:38", "end": "00:41:42", "text": "uh and for the FOMC minutes, it looked"}, {"start": "00:41:41", "end": "00:41:45", "text": "like they were leaning more towards"}, {"start": "00:41:42", "end": "00:41:47", "text": "hawkish towards rate hikes. They just"}, {"start": "00:41:45", "end": "00:41:50", "text": "want to see more data come out. And the"}, {"start": "00:41:47", "end": "00:41:51", "text": "data that's coming out, unless you know,"}, {"start": "00:41:50", "end": "00:41:53", "text": "Jerry has a good point though, if the"}, {"start": "00:41:51", "end": "00:41:55", "text": "data maybe the data we're looking at"}, {"start": "00:41:53", "end": "00:41:56", "text": "isn't what they're looking at. Maybe"}, {"start": "00:41:55", "end": "00:41:58", "text": "looking at something completely"}, {"start": "00:41:56", "end": "00:42:01", "text": "different. I don't know, but that's what"}, {"start": "00:41:58", "end": "00:42:04", "text": "we see. So, we'll find out, I guess, on"}, {"start": "00:42:01", "end": "00:42:07", "text": "is it Wednesday or Thursday?"}, {"start": "00:42:04", "end": "00:42:08", "text": "I may say"}, {"start": "00:42:07", "end": "00:42:10", "text": "16th September."}, {"start": "00:42:08", "end": "00:42:14", "text": ">> Yeah."}, {"start": "00:42:10", "end": "00:42:18", "text": ">> Oh, Wednesday. Okay. Wednesday it is."}, {"start": "00:42:14", "end": "00:42:18", "text": "All right. What else we got?"}, {"start": "00:42:18", "end": "00:42:23", "text": ">> Yeah, houses are still going fast in"}, {"start": "00:42:20", "end": "00:42:26", "text": "pricier markets. That's true. Although I"}, {"start": "00:42:23", "end": "00:42:28", "text": "was surprised to see that in Florida"}, {"start": "00:42:26", "end": "00:42:31", "text": "they have so many houses that are"}, {"start": "00:42:28", "end": "00:42:33", "text": "available. But again, I don't know the I"}, {"start": "00:42:31", "end": "00:42:34", "text": "don't know the zip codes that they're"}, {"start": "00:42:33", "end": "00:42:36", "text": "selling them from. I don't know how"}, {"start": "00:42:34", "end": "00:42:38", "text": "rundown they are, how great they are,"}, {"start": "00:42:36", "end": "00:42:41", "text": "how much they are needed. I have no"}, {"start": "00:42:38", "end": "00:42:44", "text": "idea. But I did see it was like a I"}, {"start": "00:42:41", "end": "00:42:45", "text": "think it was like a 10-year high of the"}, {"start": "00:42:44", "end": "00:42:47", "text": "amount of inventory of houses"}, {"start": "00:42:45", "end": "00:42:48", "text": "availability."}, {"start": "00:42:47", "end": "00:42:50", "text": ">> Wow."}, {"start": "00:42:48", "end": "00:42:54", "text": ">> Yeah."}, {"start": "00:42:50", "end": "00:42:56", "text": ">> Wow. Well, I mean that would make sense."}, {"start": "00:42:54", "end": "00:43:00", "text": "The majority"}, {"start": "00:42:56", "end": "00:43:03", "text": "of Americans with net worth, right, with"}, {"start": "00:43:00", "end": "00:43:05", "text": "a with a net worth, some wealth,"}, {"start": "00:43:03", "end": "00:43:07", "text": "the majority is because they have a"}, {"start": "00:43:05", "end": "00:43:09", "text": "home."}, {"start": "00:43:07", "end": "00:43:12", "text": "It's not because they have this monster"}, {"start": "00:43:09", "end": "00:43:15", "text": "stark portfolio or they have a they have"}, {"start": "00:43:12", "end": "00:43:18", "text": "a a a cold case wallet with, you know,"}, {"start": "00:43:15", "end": "00:43:23", "text": "25 Bitcoin in it or something like that."}, {"start": "00:43:18", "end": "00:43:27", "text": "It's it's because they own property and"}, {"start": "00:43:23", "end": "00:43:30", "text": "higher inventory levels speak to two"}, {"start": "00:43:27", "end": "00:43:30", "text": "things. One, the need for money,"}, {"start": "00:43:30", "end": "00:43:32", "text": ">> right?"}, {"start": "00:43:30", "end": "00:43:35", "text": ">> Right. You sell things when you need"}, {"start": "00:43:32", "end": "00:43:40", "text": "money, when you need currency."}, {"start": "00:43:35", "end": "00:43:42", "text": "And uh that speaks to the overall"}, {"start": "00:43:40", "end": "00:43:46", "text": "economic environment. A lot of people"}, {"start": "00:43:42", "end": "00:43:49", "text": "are hurting because inflation"}, {"start": "00:43:46", "end": "00:43:54", "text": "is not being matched by income. Income"}, {"start": "00:43:49", "end": "00:43:57", "text": "and inflation are disparent categories."}, {"start": "00:43:54", "end": "00:44:00", "text": "And I feel for those for all of you out"}, {"start": "00:43:57", "end": "00:44:03", "text": "there that are working your ass off just"}, {"start": "00:44:00", "end": "00:44:05", "text": "to stay afloat. And I know some of you"}, {"start": "00:44:03", "end": "00:44:09", "text": "are. And I it I I feel very grateful"}, {"start": "00:44:05", "end": "00:44:12", "text": "that I've been able to get to this ripe"}, {"start": "00:44:09", "end": "00:44:15", "text": "old age and and not, you know, and move"}, {"start": "00:44:12", "end": "00:44:18", "text": "myself into a location where my income"}, {"start": "00:44:15", "end": "00:44:19", "text": "matches my expenditure."}, {"start": "00:44:18", "end": "00:44:22", "text": "But that's not the case for a lot of you"}, {"start": "00:44:19", "end": "00:44:24", "text": "all in the United States. I know because"}, {"start": "00:44:22", "end": "00:44:26", "text": "I'm seeing what gas costs, what"}, {"start": "00:44:24", "end": "00:44:29", "text": "electricity costs, what water costs, you"}, {"start": "00:44:26", "end": "00:44:31", "text": "know, what food costs. All these things"}, {"start": "00:44:29", "end": "00:44:33", "text": "are just"}, {"start": "00:44:31", "end": "00:44:36", "text": "stepping up. And I know incomes aren't"}, {"start": "00:44:33", "end": "00:44:39", "text": "leveling up on all, you know, on an"}, {"start": "00:44:36", "end": "00:44:41", "text": "average to match that. Some people in"}, {"start": "00:44:39", "end": "00:44:43", "text": "some industries are skyrocketing"}, {"start": "00:44:41", "end": "00:44:44", "text": "obviously, but"}, {"start": "00:44:43", "end": "00:44:46", "text": ">> that's not everybody."}, {"start": "00:44:44", "end": "00:44:49", "text": ">> That's not the majority."}, {"start": "00:44:46", "end": "00:44:52", "text": ">> Yeah, that's the truth. Hey, this is a"}, {"start": "00:44:49", "end": "00:44:54", "text": "good one. Echo's got a good one today."}, {"start": "00:44:52", "end": "00:44:56", "text": "What's gonna happen with trading as more"}, {"start": "00:44:54", "end": "00:44:57", "text": "people use AI trading bots. I just saw"}, {"start": "00:44:56", "end": "00:44:59", "text": "there was a and reason I want to talk"}, {"start": "00:44:57", "end": "00:45:01", "text": "about this because I just saw a popup"}, {"start": "00:44:59", "end": "00:45:04", "text": "from Robin Hood which just said, hey,"}, {"start": "00:45:01", "end": "00:45:06", "text": "use our AI bot to trade crypto. It's"}, {"start": "00:45:04", "end": "00:45:08", "text": "available right now. Come on in. Blah"}, {"start": "00:45:06", "end": "00:45:09", "text": "blah blah. And I'm thinking myself, I'm"}, {"start": "00:45:08", "end": "00:45:13", "text": "like, I wonder how that is going to"}, {"start": "00:45:09", "end": "00:45:15", "text": "change the the the dynamics of trading"}, {"start": "00:45:13", "end": "00:45:16", "text": "for everybody. Because be because"}, {"start": "00:45:15", "end": "00:45:18", "text": "before, you know, you had these big"}, {"start": "00:45:16", "end": "00:45:20", "text": "institutions, these big organizations"}, {"start": "00:45:18", "end": "00:45:22", "text": "that would get data, they would process,"}, {"start": "00:45:20", "end": "00:45:24", "text": "they would pay like, you know, millions"}, {"start": "00:45:22", "end": "00:45:25", "text": "of dollars for for access to these API"}, {"start": "00:45:24", "end": "00:45:27", "text": "integrations, which would make them"}, {"start": "00:45:25", "end": "00:45:30", "text": "faster, leaner, they can make these"}, {"start": "00:45:27", "end": "00:45:32", "text": "really good deals and bets and and trade"}, {"start": "00:45:30", "end": "00:45:34", "text": "faster and they would crush it. And now"}, {"start": "00:45:32", "end": "00:45:36", "text": "it looks like we've got AI to do some of"}, {"start": "00:45:34", "end": "00:45:38", "text": "that for everybody. I wonder if that"}, {"start": "00:45:36", "end": "00:45:40", "text": "will offset that or if they'll find"}, {"start": "00:45:38", "end": "00:45:43", "text": "another way to get"}, {"start": "00:45:40", "end": "00:45:46", "text": ">> it. compress it'll compress margins and"}, {"start": "00:45:43", "end": "00:45:48", "text": "you will see more par. In other words,"}, {"start": "00:45:46", "end": "00:45:51", "text": "there won't be"}, {"start": "00:45:48", "end": "00:45:54", "text": "small group making a ton, another group"}, {"start": "00:45:51", "end": "00:45:58", "text": "making a little bit more than the the"}, {"start": "00:45:54", "end": "00:46:00", "text": "tier below them. It'll it'll compress"}, {"start": "00:45:58", "end": "00:46:02", "text": "and amount, you know, kind of homogenize"}, {"start": "00:46:00", "end": "00:46:03", "text": "itself because everybody will be using"}, {"start": "00:46:02", "end": "00:46:06", "text": "the same tools"}, {"start": "00:46:03", "end": "00:46:08", "text": ">> and it's only those who can make the"}, {"start": "00:46:06", "end": "00:46:10", "text": "decision faster than the other. So in"}, {"start": "00:46:08", "end": "00:46:11", "text": "other words, proximity,"}, {"start": "00:46:10", "end": "00:46:13", "text": ">> right?"}, {"start": "00:46:11", "end": "00:46:15", "text": ">> Proximity like those companies that"}, {"start": "00:46:13", "end": "00:46:18", "text": "invested all those millions and billions"}, {"start": "00:46:15", "end": "00:46:20", "text": "into data centers literally next to the"}, {"start": "00:46:18", "end": "00:46:23", "text": "stock exchange,"}, {"start": "00:46:20", "end": "00:46:26", "text": ">> right? That's the big thing. That would"}, {"start": "00:46:23", "end": "00:46:28", "text": "be the the big thing. Black Mama Trader"}, {"start": "00:46:26", "end": "00:46:30", "text": "said, \"The home is not does not belong"}, {"start": "00:46:28", "end": "00:46:32", "text": "to them. 50% is a mortgage. Please be"}, {"start": "00:46:30", "end": "00:46:33", "text": "accurate. It's the feeling of owning an"}, {"start": "00:46:32", "end": "00:46:35", "text": "asset.\" Well, if you think about it that"}, {"start": "00:46:33", "end": "00:46:37", "text": "way, and it's true, you don't own"}, {"start": "00:46:35", "end": "00:46:39", "text": "anything. You do you do own Bitcoin"}, {"start": "00:46:37", "end": "00:46:41", "text": "though. That is a that is a big"}, {"start": "00:46:39", "end": "00:46:42", "text": "distinction. It's one of the very few"}, {"start": "00:46:41", "end": "00:46:44", "text": "things you actually do own because like"}, {"start": "00:46:42", "end": "00:46:46", "text": "people say, \"Well, you do own your your"}, {"start": "00:46:44", "end": "00:46:48", "text": "house, Rob.\" No, you don't. Because even"}, {"start": "00:46:46", "end": "00:46:51", "text": "if you pay it off like we've done,"}, {"start": "00:46:48", "end": "00:46:54", "text": "unfortunately, if you miss a couple of"}, {"start": "00:46:51", "end": "00:46:56", "text": "your tax payments in the county that"}, {"start": "00:46:54", "end": "00:46:58", "text": "you're in, the government comes in there"}, {"start": "00:46:56", "end": "00:46:59", "text": "and says, \"We're going to seize your"}, {"start": "00:46:58", "end": "00:47:01", "text": "land.\" But I bought it. No, you did."}, {"start": "00:46:59", "end": "00:47:05", "text": "Well, you did. We We appreciate that."}, {"start": "00:47:01", "end": "00:47:07", "text": "But we just had a meeting uh with uh the"}, {"start": "00:47:05", "end": "00:47:09", "text": "different representatives of El Paso"}, {"start": "00:47:07", "end": "00:47:14", "text": "County or whatever and we've decided"}, {"start": "00:47:09", "end": "00:47:15", "text": "that uh the uh 6.25% is too low. It's"}, {"start": "00:47:14", "end": "00:47:17", "text": "7%."}, {"start": "00:47:15", "end": "00:47:20", "text": "And then of course in a couple years,"}, {"start": "00:47:17", "end": "00:47:21", "text": "guess what? It's 8% and it's 10%. It's"}, {"start": "00:47:20", "end": "00:47:24", "text": "really bad. It's really awful. And then"}, {"start": "00:47:21", "end": "00:47:26", "text": "of course as time goes on, you either"}, {"start": "00:47:24", "end": "00:47:28", "text": "pay it or you get kicked out. There is"}, {"start": "00:47:26", "end": "00:47:31", "text": "one caveat and I talked about this"}, {"start": "00:47:28", "end": "00:47:34", "text": "before. In Puerto Rico, everything has"}, {"start": "00:47:31", "end": "00:47:37", "text": "been frozen to 1957 levels. I think it's"}, {"start": "00:47:34", "end": "00:47:40", "text": "the I want to say there's a specific"}, {"start": "00:47:37", "end": "00:47:42", "text": "act. It's the act of 199 I can't"}, {"start": "00:47:40", "end": "00:47:44", "text": "remember it's 1997 or 2004. It's always"}, {"start": "00:47:42", "end": "00:47:47", "text": "one of those two. And what it does, it"}, {"start": "00:47:44", "end": "00:47:48", "text": "says, you know, whatever your house is,"}, {"start": "00:47:47", "end": "00:47:51", "text": "especially in your homestead, you pay"}, {"start": "00:47:48", "end": "00:47:54", "text": "like super low. It's it's static at a"}, {"start": "00:47:51", "end": "00:47:56", "text": "certain percentage and the uh valuations"}, {"start": "00:47:54", "end": "00:47:58", "text": "don't go up. So people say, \"What about"}, {"start": "00:47:56", "end": "00:48:01", "text": "if you build a new house?\" That's even"}, {"start": "00:47:58", "end": "00:48:04", "text": "better because they value the materials"}, {"start": "00:48:01", "end": "00:48:06", "text": "that you're building the house at 1957"}, {"start": "00:48:04", "end": "00:48:09", "text": "levels and it never goes up. Then people"}, {"start": "00:48:06", "end": "00:48:13", "text": "say, \"Well, the politicians will at some"}, {"start": "00:48:09", "end": "00:48:15", "text": "point uh reprimand and and uh and get"}, {"start": "00:48:13", "end": "00:48:17", "text": "that out of there and they'll get"}, {"start": "00:48:15", "end": "00:48:19", "text": "something else in.\" And if they do,"}, {"start": "00:48:17", "end": "00:48:22", "text": "which has already been tried multiple"}, {"start": "00:48:19", "end": "00:48:25", "text": "times, they commit political suicide and"}, {"start": "00:48:22", "end": "00:48:27", "text": "they don't come back because that's not"}, {"start": "00:48:25", "end": "00:48:28", "text": "what the people in Puerto Rico want. and"}, {"start": "00:48:27", "end": "00:48:30", "text": "they've tried that numerous numerous"}, {"start": "00:48:28", "end": "00:48:32", "text": "times. So that's one thing. That's why"}, {"start": "00:48:30", "end": "00:48:33", "text": "one of the things I like here in Puerto"}, {"start": "00:48:32", "end": "00:48:36", "text": "Rico. Jerry, how do you guys do it over"}, {"start": "00:48:33", "end": "00:48:38", "text": "there in Costa Rica for taxes?"}, {"start": "00:48:36", "end": "00:48:40", "text": ">> It's Well, I'll tell you. So I've got"}, {"start": "00:48:38", "end": "00:48:40", "text": "five acres."}, {"start": "00:48:40", "end": "00:48:45", "text": ">> Nice."}, {"start": "00:48:40", "end": "00:48:48", "text": ">> And I pay $120 a year for property tax."}, {"start": "00:48:45", "end": "00:48:49", "text": ">> Yeah."}, {"start": "00:48:48", "end": "00:48:52", "text": "How much?"}, {"start": "00:48:49", "end": "00:48:53", "text": ">> $120. $120."}, {"start": "00:48:52", "end": "00:48:54", "text": ">> What?"}, {"start": "00:48:53", "end": "00:48:56", "text": ">> Very expensive."}, {"start": "00:48:54", "end": "00:48:58", "text": ">> Horrible. It should be zero,"}, {"start": "00:48:56", "end": "00:49:00", "text": ">> man."}, {"start": "00:48:58", "end": "00:49:02", "text": "Oh [laughter] my god."}, {"start": "00:49:00", "end": "00:49:03", "text": "Oh wow. Hey, this is a good one. William"}, {"start": "00:49:02", "end": "00:49:06", "text": "says, uh, I wrote a letter and showed"}, {"start": "00:49:03", "end": "00:49:07", "text": "recent homes sold in area to brew that"}, {"start": "00:49:06", "end": "00:49:09", "text": "they can't raise the property tax on"}, {"start": "00:49:07", "end": "00:49:11", "text": "assessed value. That's a good one to do"}, {"start": "00:49:09", "end": "00:49:13", "text": "it. And then someone said, uh, fight to"}, {"start": "00:49:11", "end": "00:49:16", "text": "lower your property taxes, which is also"}, {"start": "00:49:13", "end": "00:49:18", "text": "true. You can do this. Happens to my to"}, {"start": "00:49:16", "end": "00:49:19", "text": "my wife all the time. They, you know,"}, {"start": "00:49:18", "end": "00:49:20", "text": "county comes in and says, \"Hey, this"}, {"start": "00:49:19", "end": "00:49:22", "text": "this apartment complex is worth this.\""}, {"start": "00:49:20", "end": "00:49:24", "text": "She like, \"No, it's not.\" and she has to"}, {"start": "00:49:22", "end": "00:49:25", "text": "get a lawyer and they fight over it."}, {"start": "00:49:24", "end": "00:49:27", "text": "This happens every couple of years or"}, {"start": "00:49:25", "end": "00:49:29", "text": "so. So, it does kind of suck. At least"}, {"start": "00:49:27", "end": "00:49:31", "text": "you don't have to deal with that in uh"}, {"start": "00:49:29", "end": "00:49:32", "text": "with Bitcoin."}, {"start": "00:49:31", "end": "00:49:34", "text": "And let's see."}, {"start": "00:49:32", "end": "00:49:35", "text": ">> You don't have to deal with that with"}, {"start": "00:49:34", "end": "00:49:39", "text": "Bitcoin."}, {"start": "00:49:35", "end": "00:49:42", "text": ">> That's right. This is why like like I"}, {"start": "00:49:39", "end": "00:49:45", "text": "own I own a bit of Bitcoin. I own a bit"}, {"start": "00:49:42", "end": "00:49:47", "text": "of real estate. I own a bit of equities."}, {"start": "00:49:45", "end": "00:49:49", "text": "I own a bit of precious metals. Got a"}, {"start": "00:49:47", "end": "00:49:51", "text": "retirement account. I kind of work"}, {"start": "00:49:49", "end": "00:49:53", "text": "things all over because when hopefully"}, {"start": "00:49:51", "end": "00:49:56", "text": "when one goes down, another one will go"}, {"start": "00:49:53", "end": "00:49:57", "text": "up a little bit or for some reason"}, {"start": "00:49:56", "end": "00:50:00", "text": "something gets hacked. At least I have"}, {"start": "00:49:57", "end": "00:50:04", "text": "the other stuff."}, {"start": "00:50:00", "end": "00:50:06", "text": ">> Oh man. Mojo says, \"At add at least two"}, {"start": "00:50:04", "end": "00:50:10", "text": "zeros to that Jerry here in West Palm.\""}, {"start": "00:50:06", "end": "00:50:12", "text": ">> No, no question. No question."}, {"start": "00:50:10", "end": "00:50:16", "text": ">> West Palm is growing fast."}, {"start": "00:50:12", "end": "00:50:16", "text": ">> Here's the the bad news, folks."}, {"start": "00:50:16", "end": "00:50:20", "text": "The government"}, {"start": "00:50:18", "end": "00:50:24", "text": "has only"}, {"start": "00:50:20", "end": "00:50:26", "text": "two ways to finance itself. Tax receipts"}, {"start": "00:50:24", "end": "00:50:26", "text": "and the issuance of debt."}, {"start": "00:50:26", "end": "00:50:29", "text": ">> Right?"}, {"start": "00:50:26", "end": "00:50:32", "text": ">> We we have already seen in the debt"}, {"start": "00:50:29", "end": "00:50:35", "text": "world that the world outside the United"}, {"start": "00:50:32", "end": "00:50:39", "text": "States and the citizens of the United"}, {"start": "00:50:35", "end": "00:50:42", "text": "States do not want to buy US debt. They"}, {"start": "00:50:39", "end": "00:50:44", "text": "don't want to fund debt. Hence why we're"}, {"start": "00:50:42", "end": "00:50:48", "text": "having all these issues in the backside"}, {"start": "00:50:44", "end": "00:50:50", "text": "of the 30-year, right? And so what do"}, {"start": "00:50:48", "end": "00:50:52", "text": "what do governments what other recourse"}, {"start": "00:50:50", "end": "00:50:55", "text": "do they have? Well, they then they have"}, {"start": "00:50:52", "end": "00:50:59", "text": "to raise taxes. And where can they raise"}, {"start": "00:50:55", "end": "00:51:02", "text": "taxes and and"}, {"start": "00:50:59", "end": "00:51:03", "text": "get it right and have it actually get"}, {"start": "00:51:02", "end": "00:51:04", "text": "acquired,"}, {"start": "00:51:03", "end": "00:51:06", "text": ">> right?"}, {"start": "00:51:04", "end": "00:51:09", "text": ">> Property owners property owners aren't"}, {"start": "00:51:06", "end": "00:51:12", "text": "going anywhere."}, {"start": "00:51:09", "end": "00:51:14", "text": "So counties in the United States are the"}, {"start": "00:51:12", "end": "00:51:19", "text": "ones that are allowed to to levy that."}, {"start": "00:51:14", "end": "00:51:23", "text": "They don't get federal funding for that"}, {"start": "00:51:19", "end": "00:51:26", "text": "type of stuff. So their only recourse is"}, {"start": "00:51:23", "end": "00:51:29", "text": "raise taxes because nobody wants to buy"}, {"start": "00:51:26", "end": "00:51:31", "text": "uh county bonds anymore. Nobody's buying"}, {"start": "00:51:29", "end": "00:51:33", "text": "county bond. Municipal they're they're"}, {"start": "00:51:31", "end": "00:51:36", "text": "categorized as municipal bonds. They"}, {"start": "00:51:33", "end": "00:51:39", "text": "used to be really lucrative, right? you"}, {"start": "00:51:36", "end": "00:51:40", "text": "get a municipal bond for 6 and a half%"}, {"start": "00:51:39", "end": "00:51:42", "text": "whereas if you were trying to go to the"}, {"start": "00:51:40", "end": "00:51:44", "text": "Fed or the Treasury, you might get one"}, {"start": "00:51:42", "end": "00:51:46", "text": "for four or three and a half or two and"}, {"start": "00:51:44", "end": "00:51:50", "text": "a half."}, {"start": "00:51:46", "end": "00:51:54", "text": ">> But a county would give you 6% or 8% in"}, {"start": "00:51:50", "end": "00:51:55", "text": "some off cases. Um those those are"}, {"start": "00:51:54", "end": "00:51:57", "text": "people aren't aren't going there."}, {"start": "00:51:55", "end": "00:51:58", "text": "They're can too high a risk. They're not"}, {"start": "00:51:57", "end": "00:52:00", "text": "getting paid back."}, {"start": "00:51:58", "end": "00:52:03", "text": ">> Not getting Yeah, it's one of those"}, {"start": "00:52:00", "end": "00:52:05", "text": "things. And then uh and you're right,"}, {"start": "00:52:03", "end": "00:52:08", "text": "it's not getting paid back. There was"}, {"start": "00:52:05", "end": "00:52:10", "text": "another one. Oh yeah, one one more thing"}, {"start": "00:52:08", "end": "00:52:11", "text": "about the property. Everything belongs"}, {"start": "00:52:10", "end": "00:52:12", "text": "to the state. You have limited"}, {"start": "00:52:11", "end": "00:52:14", "text": "permission to use until further notice."}, {"start": "00:52:12", "end": "00:52:19", "text": "There's a little way around these things"}, {"start": "00:52:14", "end": "00:52:20", "text": "though. And uh you know, first of all,"}, {"start": "00:52:19", "end": "00:52:23", "text": "uh"}, {"start": "00:52:20", "end": "00:52:25", "text": "you could I'm not saying you should. I'm"}, {"start": "00:52:23", "end": "00:52:26", "text": "just saying if you pay off your house at"}, {"start": "00:52:25", "end": "00:52:29", "text": "some point, you've paid it all off and"}, {"start": "00:52:26", "end": "00:52:31", "text": "you get into some kind of like dire"}, {"start": "00:52:29", "end": "00:52:33", "text": "straits, you know, there's always like a"}, {"start": "00:52:31", "end": "00:52:34", "text": "secondary mortgage type of thing. Let's"}, {"start": "00:52:33", "end": "00:52:37", "text": "say you're like, I want to take a I got"}, {"start": "00:52:34", "end": "00:52:40", "text": "a half million dollar house."}, {"start": "00:52:37", "end": "00:52:42", "text": "I have a $100,000 house, right? And I"}, {"start": "00:52:40", "end": "00:52:45", "text": "got these taxes and taxes are a thousand"}, {"start": "00:52:42", "end": "00:52:47", "text": "every year, whatever."}, {"start": "00:52:45", "end": "00:52:50", "text": "Um, maybe I take a secondary mortgage"}, {"start": "00:52:47", "end": "00:52:54", "text": "and I start to just use that and then I"}, {"start": "00:52:50", "end": "00:52:56", "text": "let that go until maybe I pass away and"}, {"start": "00:52:54", "end": "00:52:59", "text": "I pass away and of course I have debt on"}, {"start": "00:52:56", "end": "00:53:02", "text": "my house of whatever 10,000 but it's"}, {"start": "00:52:59", "end": "00:53:04", "text": "worth now over the the five or 10 years"}, {"start": "00:53:02", "end": "00:53:06", "text": "it went from 100,000 to 150,000"}, {"start": "00:53:04", "end": "00:53:08", "text": "valuation went up or maybe to 110,000 I"}, {"start": "00:53:06", "end": "00:53:10", "text": "don't know whatever it is give it to the"}, {"start": "00:53:08", "end": "00:53:12", "text": "kids sell it they pay back the loan"}, {"start": "00:53:10", "end": "00:53:14", "text": "everybody's good another thing I always"}, {"start": "00:53:12", "end": "00:53:17", "text": "think about is this is that And as a as"}, {"start": "00:53:14", "end": "00:53:20", "text": "a land landlord, um the problem with"}, {"start": "00:53:17", "end": "00:53:22", "text": "taxes is that when it hits me, at some"}, {"start": "00:53:20", "end": "00:53:25", "text": "point it's going to hit you. So if"}, {"start": "00:53:22", "end": "00:53:28", "text": "you're renting from me, I can't,"}, {"start": "00:53:25", "end": "00:53:30", "text": "you know, I can't raise it during during"}, {"start": "00:53:28", "end": "00:53:32", "text": "your initial uh time frame that you're"}, {"start": "00:53:30", "end": "00:53:34", "text": "there, but if things go up enough, I got"}, {"start": "00:53:32", "end": "00:53:36", "text": "to pass this on to you. I'm sorry. And"}, {"start": "00:53:34", "end": "00:53:37", "text": "then then I'll have to raise the rates."}, {"start": "00:53:36", "end": "00:53:38", "text": "And you say, you know what, Rob, the"}, {"start": "00:53:37", "end": "00:53:40", "text": "hell with you. I'm out of here. I'm"}, {"start": "00:53:38", "end": "00:53:41", "text": "going to go find some other place. And"}, {"start": "00:53:40", "end": "00:53:42", "text": "then you look another place and it's"}, {"start": "00:53:41", "end": "00:53:44", "text": "been a couple years. You're like, wow,"}, {"start": "00:53:42", "end": "00:53:45", "text": "things got more expensive. How'd that"}, {"start": "00:53:44", "end": "00:53:47", "text": "happen? Well, it's because the"}, {"start": "00:53:45", "end": "00:53:48", "text": "government keeps printing money and"}, {"start": "00:53:47", "end": "00:53:50", "text": "that's just how it is. And then as time"}, {"start": "00:53:48", "end": "00:53:53", "text": "goes on, you're like, shoot, now is very"}, {"start": "00:53:50", "end": "00:53:55", "text": "difficult. So, there's a lot of like"}, {"start": "00:53:53", "end": "00:53:56", "text": "people just, you know, will kind of as a"}, {"start": "00:53:55", "end": "00:53:58", "text": "blanket write off, I'm just going to"}, {"start": "00:53:56", "end": "00:53:59", "text": "rent for the rest of my life and not"}, {"start": "00:53:58", "end": "00:54:02", "text": "have to deal with it. And we can get"}, {"start": "00:53:59", "end": "00:54:03", "text": "into like that plus all the different"}, {"start": "00:54:02", "end": "00:54:06", "text": "things you have to do as far as like"}, {"start": "00:54:03", "end": "00:54:07", "text": "improvements or fixing thing or tenants"}, {"start": "00:54:06", "end": "00:54:09", "text": "problems and all this stuff. It's a"}, {"start": "00:54:07", "end": "00:54:11", "text": "deal. It's a It's a thing. There's"}, {"start": "00:54:09", "end": "00:54:14", "text": "there's different things you can do."}, {"start": "00:54:11", "end": "00:54:14", "text": "Jerry, let's get out of here. It's late."}, {"start": "00:54:14", "end": "00:54:16", "text": ">> All right."}, {"start": "00:54:14", "end": "00:54:18", "text": ">> What are you doing today?"}, {"start": "00:54:16", "end": "00:54:20", "text": ">> I've got a service commitment. I have a"}, {"start": "00:54:18", "end": "00:54:22", "text": "volunteer thing I do with this with this"}, {"start": "00:54:20", "end": "00:54:25", "text": "entity and they have a board meeting in"}, {"start": "00:54:22", "end": "00:54:29", "text": "an hour and then it's rest of the day"}, {"start": "00:54:25", "end": "00:54:31", "text": "for me folks is season opening NFL"}, {"start": "00:54:29", "end": "00:54:36", "text": "football. I love football. I'm going to"}, {"start": "00:54:31", "end": "00:54:39", "text": "be glued to my TV red zone"}, {"start": "00:54:36", "end": "00:54:41", "text": "drinking Kool-Aid having a having a good"}, {"start": "00:54:39", "end": "00:54:44", "text": "old day. Is that what you call Keystone"}, {"start": "00:54:41", "end": "00:54:47", "text": "Light Kool-Aid? [laughter]"}, {"start": "00:54:44", "end": "00:54:48", "text": ">> I don't drink alcohol, but yeah,"}, {"start": "00:54:47", "end": "00:54:49", "text": ">> sounds pretty good. All right,"}, {"start": "00:54:48", "end": "00:54:51", "text": "everybody. Thanks so much for stopping"}, {"start": "00:54:49", "end": "00:54:52", "text": "by. We appreciate it. Like today's"}, {"start": "00:54:51", "end": "00:54:57", "text": "video, like and subscribe, and we'll see"}, {"start": "00:54:52", "end": "00:54:57", "text": "you on the next one. Adios."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Every time I go to these these"}, {"start": "00:00:01", "end": "00:00:06", "text": "conferences, it's interesting to see"}, {"start": "00:00:03", "end": "00:00:07", "text": "like the litmus test, like what is the"}, {"start": "00:00:06", "end": "00:00:09", "text": "[laughter] temperature of the room,"}, {"start": "00:00:07", "end": "00:00:10", "text": "right? Because I know like there was"}, {"start": "00:00:09", "end": "00:00:12", "text": "some I've gone to and I'm like, \"Oh,"}, {"start": "00:00:10", "end": "00:00:13", "text": "this is definitely a bare market.\" And"}, {"start": "00:00:12", "end": "00:00:15", "text": "then some I've gone to I'm like, \"Oh,"}, {"start": "00:00:13", "end": "00:00:18", "text": "this is definitely a bull market.\" What"}, {"start": "00:00:15", "end": "00:00:19", "text": "was it like in Hong Kong when you went"}, {"start": "00:00:18", "end": "00:00:20", "text": "there? What did you feel? What was the"}, {"start": "00:00:19", "end": "00:00:23", "text": "vibe?"}, {"start": "00:00:20", "end": "00:00:25", "text": ">> Oh, I I felt good vibes. Um, you know, a"}, {"start": "00:00:23", "end": "00:00:27", "text": "lot of people were just very excited. I"}, {"start": "00:00:25", "end": "00:00:30", "text": "think uh the Hong Kong Chinese community"}, {"start": "00:00:27", "end": "00:00:32", "text": "like they were gung-ho about crypto and"}, {"start": "00:00:30", "end": "00:00:34", "text": "like I honestly did not know what to"}, {"start": "00:00:32", "end": "00:00:36", "text": "expect going there because I mean like"}, {"start": "00:00:34", "end": "00:00:37", "text": "Hong Kong is basically China. I mean"}, {"start": "00:00:36", "end": "00:00:39", "text": "like we could say it's a different"}, {"start": "00:00:37", "end": "00:00:42", "text": "territory. Whatever it is, it's"}, {"start": "00:00:39", "end": "00:00:44", "text": "basically China and um you know I felt"}, {"start": "00:00:42", "end": "00:00:46", "text": "like a lot of people were very eager to"}, {"start": "00:00:44", "end": "00:00:48", "text": "learn. Um when I did my Bitcoin for"}, {"start": "00:00:46", "end": "00:00:49", "text": "beginners class, I wasn't sure who was"}, {"start": "00:00:48", "end": "00:00:53", "text": "going to show. I didn't know like what"}, {"start": "00:00:49", "end": "00:00:55", "text": "the you know um I guess education level"}, {"start": "00:00:53", "end": "00:00:58", "text": "of people was. But it we packed the"}, {"start": "00:00:55", "end": "00:01:01", "text": "freaking house, Rob. And I actually like"}, {"start": "00:00:58", "end": "00:01:03", "text": "the Q&A went so long that we were 15"}, {"start": "00:01:01", "end": "00:01:05", "text": "minutes overtime and like there were"}, {"start": "00:01:03", "end": "00:01:06", "text": "just people surrounding me and like they"}, {"start": "00:01:05", "end": "00:01:08", "text": "were using translators to ask me"}, {"start": "00:01:06", "end": "00:01:09", "text": "questions. It was craziness. And then"}, {"start": "00:01:08", "end": "00:01:10", "text": "the next speaker came over to me and"}, {"start": "00:01:09", "end": "00:01:12", "text": "they were like, \"Brandy, like we need"}, {"start": "00:01:10", "end": "00:01:14", "text": "this area.\" And I was like, \"Oh, like"}, {"start": "00:01:12", "end": "00:01:15", "text": "I'm overtime.\" They're like, \"Yeah, by"}, {"start": "00:01:14", "end": "00:01:17", "text": "15 minutes.\" I was like, \"Why didn't you"}, {"start": "00:01:15", "end": "00:01:19", "text": "kick me out?\" Um, but yeah, people like"}, {"start": "00:01:17", "end": "00:01:21", "text": "I just was like, \"Guys, let's shift.\""}, {"start": "00:01:19", "end": "00:01:24", "text": "And I had to shift everyone towards like"}, {"start": "00:01:21", "end": "00:01:26", "text": "another area to chat with me and uh kind"}, {"start": "00:01:24", "end": "00:01:27", "text": "of answer more questions. But people are"}, {"start": "00:01:26", "end": "00:01:29", "text": "very eager to learn. They want to know"}, {"start": "00:01:27", "end": "00:01:31", "text": "what Bitcoin is, the basics, like what"}, {"start": "00:01:29", "end": "00:01:33", "text": "is blockchain, what is in a block on the"}, {"start": "00:01:31", "end": "00:01:35", "text": "blockchain, why does this matter, how"}, {"start": "00:01:33", "end": "00:01:36", "text": "are bitcoin created, hot versus cold"}, {"start": "00:01:35", "end": "00:01:38", "text": "wallets, what does that mean? Um like"}, {"start": "00:01:36", "end": "00:01:40", "text": "what are your first steps? Like start to"}, {"start": "00:01:38", "end": "00:01:42", "text": "finish se seven steps, how to buy"}, {"start": "00:01:40", "end": "00:01:43", "text": "Bitcoin, set up your wallet, and send"}, {"start": "00:01:42", "end": "00:01:46", "text": "your Bitcoin from the exchange to your"}, {"start": "00:01:43", "end": "00:01:49", "text": "wallet. And um it went really well. like"}, {"start": "00:01:46", "end": "00:01:50", "text": "people were very happy. Of course, like"}, {"start": "00:01:49", "end": "00:01:52", "text": "Bitcoin Asia is a smaller conference"}, {"start": "00:01:50", "end": "00:01:55", "text": "than what we're used to with like the US"}, {"start": "00:01:52", "end": "00:01:57", "text": "conferences. Um, but with the amount of"}, {"start": "00:01:55", "end": "00:02:00", "text": "people that were there, like the amount"}, {"start": "00:01:57", "end": "00:02:01", "text": "of enthusiasm was like crazy. Like they"}, {"start": "00:02:00", "end": "00:02:03", "text": "like people were very happy to be"}, {"start": "00:02:01", "end": "00:02:05", "text": "involved. So, yeah. No, they were very"}, {"start": "00:02:03", "end": "00:02:07", "text": "bullish. Like the the Chinese were"}, {"start": "00:02:05", "end": "00:02:09", "text": "gung-ho on crypto and I I was all there"}, {"start": "00:02:07", "end": "00:02:11", "text": "for it. I was like, \"Let's go.\" Um,"}, {"start": "00:02:09", "end": "00:02:13", "text": "especially because they're dealing with"}, {"start": "00:02:11", "end": "00:02:15", "text": "like, you know, the Hong Kong dollar."}, {"start": "00:02:13", "end": "00:02:17", "text": "They have their own CBDC uh in Hong"}, {"start": "00:02:15", "end": "00:02:19", "text": "Kong. They also have like the digital"}, {"start": "00:02:17", "end": "00:02:21", "text": "yuan. Um, and I think a lot of people in"}, {"start": "00:02:19", "end": "00:02:23", "text": "Hong Kong specifically because I think"}, {"start": "00:02:21", "end": "00:02:25", "text": "they have democracy until what was it"}, {"start": "00:02:23", "end": "00:02:28", "text": "2049 or something like that and I think"}, {"start": "00:02:25", "end": "00:02:29", "text": "that they feel the time crunch and they"}, {"start": "00:02:28", "end": "00:02:31", "text": "know that like if they're going to end"}, {"start": "00:02:29", "end": "00:02:33", "text": "up having some sort of freedom like they"}, {"start": "00:02:31", "end": "00:02:35", "text": "they probably need Bitcoin um in their"}, {"start": "00:02:33", "end": "00:02:38", "text": "revolution. So I think Bitcoin's role in"}, {"start": "00:02:35", "end": "00:02:40", "text": "just like you know um economy is one"}, {"start": "00:02:38", "end": "00:02:42", "text": "thing but the role in geopolitics is"}, {"start": "00:02:40", "end": "00:02:44", "text": "going to be a whole different thing and"}, {"start": "00:02:42", "end": "00:02:46", "text": "I'm very excited to see uh how that"}, {"start": "00:02:44", "end": "00:02:48", "text": "unfolds. You know, I did not have that"}, {"start": "00:02:46", "end": "00:02:50", "text": "on my bingo card that they would be that"}, {"start": "00:02:48", "end": "00:02:51", "text": "enthusiastic about Bitcoin and"}, {"start": "00:02:50", "end": "00:02:53", "text": "blockchain and everything else."}, {"start": "00:02:51", "end": "00:02:55", "text": ">> Through the roof. Through the roof. Like"}, {"start": "00:02:53", "end": "00:02:57", "text": "I was thoroughly surprised. I have to"}, {"start": "00:02:55", "end": "00:02:58", "text": "say I was like I wasn't sure how it was"}, {"start": "00:02:57", "end": "00:03:00", "text": "going to go. I was like, \"All right,"}, {"start": "00:02:58", "end": "00:03:01", "text": "let's just like feel it out.\" But the"}, {"start": "00:03:00", "end": "00:03:03", "text": "Bitcoin for beginners thing, I didn't"}, {"start": "00:03:01", "end": "00:03:04", "text": "know if it was going to be a hit or not"}, {"start": "00:03:03", "end": "00:03:05", "text": "because they're smart people over there"}, {"start": "00:03:04", "end": "00:03:07", "text": "in Hong Kong and China. They're very"}, {"start": "00:03:05", "end": "00:03:09", "text": "smart people. But they were like they"}, {"start": "00:03:07", "end": "00:03:11", "text": "needed that ground level education as"}, {"start": "00:03:09", "end": "00:03:14", "text": "well. So it was it was just fantastic."}, {"start": "00:03:11", "end": "00:03:15", "text": "Loved it. So the thing is is that they"}, {"start": "00:03:14", "end": "00:03:16", "text": "have and you know what's what's I was"}, {"start": "00:03:15", "end": "00:03:18", "text": "thinking about this when you were"}, {"start": "00:03:16", "end": "00:03:21", "text": "talking is that they have this super app"}, {"start": "00:03:18", "end": "00:03:23", "text": "WeChat and WeChat over there is like the"}, {"start": "00:03:21", "end": "00:03:25", "text": "big thing. We don't really have a super"}, {"start": "00:03:23", "end": "00:03:27", "text": "super app but imagine this you have an"}, {"start": "00:03:25", "end": "00:03:29", "text": "app where you can go in there and you"}, {"start": "00:03:27", "end": "00:03:31", "text": "can order an Uber, you can order a"}, {"start": "00:03:29", "end": "00:03:35", "text": "pizza, you can go to like whatever I"}, {"start": "00:03:31", "end": "00:03:37", "text": "mean kind of like delivery of goods and"}, {"start": "00:03:35", "end": "00:03:39", "text": "services. Then of course you have the"}, {"start": "00:03:37", "end": "00:03:40", "text": "banks on there. Then you can also rent a"}, {"start": "00:03:39", "end": "00:03:42", "text": "hotel. Then you can actually buy a"}, {"start": "00:03:40", "end": "00:03:45", "text": "house. And it's like it's all convoluted"}, {"start": "00:03:42", "end": "00:03:48", "text": "into one major huge app, WeChat. And"}, {"start": "00:03:45", "end": "00:03:51", "text": "then you said, Randy, about that CBDC,"}, {"start": "00:03:48", "end": "00:03:52", "text": "are they when when when they were"}, {"start": "00:03:51", "end": "00:03:54", "text": "talking to you and using translators,"}, {"start": "00:03:52", "end": "00:03:56", "text": "I'm sure it was difficult, but were they"}, {"start": "00:03:54", "end": "00:03:57", "text": "were they kind of like, \"Yeah, we'd like"}, {"start": "00:03:56", "end": "00:03:59", "text": "to get away from this CBDC. Don't tell"}, {"start": "00:03:57", "end": "00:03:59", "text": "anybody. I don't want to get, you know,"}, {"start": "00:03:59", "end": "00:04:01", "text": "disappeared.\""}, {"start": "00:03:59", "end": "00:04:03", "text": ">> I honestly didn't hear much of that. I"}, {"start": "00:04:01", "end": "00:04:04", "text": "think they were very like they were just"}, {"start": "00:04:03", "end": "00:04:05", "text": "low-key. You know what I mean? Like I"}, {"start": "00:04:04", "end": "00:04:07", "text": "don't think they were trying to like"}, {"start": "00:04:05", "end": "00:04:09", "text": "speak out against like the government"}, {"start": "00:04:07", "end": "00:04:11", "text": "and what was going on, but they were"}, {"start": "00:04:09", "end": "00:04:14", "text": "definitely freedom forward with Bitcoin."}, {"start": "00:04:11", "end": "00:04:16", "text": "Um and even like um I was on a panel on"}, {"start": "00:04:14", "end": "00:04:18", "text": "day one and then like two panels like"}, {"start": "00:04:16", "end": "00:04:20", "text": "two sessions later with CZ on the same"}, {"start": "00:04:18", "end": "00:04:22", "text": "stage and CZ was basically like you know"}, {"start": "00:04:20", "end": "00:04:24", "text": "he he went after Bitcoin maximalism"}, {"start": "00:04:22", "end": "00:04:27", "text": "which I thought was great. Um and then"}, {"start": "00:04:24", "end": "00:04:29", "text": "he was just basically saying that like"}, {"start": "00:04:27", "end": "00:04:31", "text": "you know there's weak governments but we"}, {"start": "00:04:29", "end": "00:04:33", "text": "don't need weak money. And um I think"}, {"start": "00:04:31", "end": "00:04:36", "text": "that like you know especially because"}, {"start": "00:04:33", "end": "00:04:38", "text": "he's like kind of from that area Czy um"}, {"start": "00:04:36", "end": "00:04:40", "text": "I I know technically he's Canadian but"}, {"start": "00:04:38", "end": "00:04:41", "text": "um what he was saying really resonated"}, {"start": "00:04:40", "end": "00:04:43", "text": "with people and people were like"}, {"start": "00:04:41", "end": "00:04:46", "text": "cheering him on like no other. So yeah,"}, {"start": "00:04:43", "end": "00:04:47", "text": "no, people are definitely like leaning"}, {"start": "00:04:46", "end": "00:04:49", "text": "towards that freedom mark because I was"}, {"start": "00:04:47", "end": "00:04:52", "text": "speaking to like, you know, um another"}, {"start": "00:04:49", "end": "00:04:54", "text": "guy that grew up in Hong Kong and he was"}, {"start": "00:04:52", "end": "00:04:56", "text": "just basically saying that even in 2019,"}, {"start": "00:04:54", "end": "00:04:58", "text": "apparently they were revoling uh against"}, {"start": "00:04:56", "end": "00:05:01", "text": "the Chinese government because they're"}, {"start": "00:04:58", "end": "00:05:03", "text": "not in favor of the CCP, which is, you"}, {"start": "00:05:01", "end": "00:05:04", "text": "know, obvious. Like I don't think anyone"}, {"start": "00:05:03", "end": "00:05:06", "text": "really is in favor of that. But again,"}, {"start": "00:05:04", "end": "00:05:08", "text": "some people really like to be told like"}, {"start": "00:05:06", "end": "00:05:10", "text": "what to do and what to think. Um, and"}, {"start": "00:05:08", "end": "00:05:11", "text": "sometimes they pick the easier route"}, {"start": "00:05:10", "end": "00:05:14", "text": "because it's just like that like kind of"}, {"start": "00:05:11", "end": "00:05:16", "text": "NPC mindset. Um, but people in Hong Kong"}, {"start": "00:05:14", "end": "00:05:18", "text": "like they're they're ready. They're"}, {"start": "00:05:16", "end": "00:05:19", "text": "ready for Bitcoin. And I hope they have"}, {"start": "00:05:18", "end": "00:05:22", "text": "more accessibility because I was trying"}, {"start": "00:05:19", "end": "00:05:24", "text": "to um look up where do I go and spend"}, {"start": "00:05:22", "end": "00:05:25", "text": "Bitcoin because I I always love like,"}, {"start": "00:05:24", "end": "00:05:27", "text": "you know, to be able to like bring like"}, {"start": "00:05:25", "end": "00:05:29", "text": "cryptocurrency"}, {"start": "00:05:27", "end": "00:05:31", "text": "um to like, you know, wherever I'm at,"}, {"start": "00:05:29", "end": "00:05:33", "text": "right? And so I was looking up where I"}, {"start": "00:05:31", "end": "00:05:35", "text": "could spend Bitcoin. I couldn't find one"}, {"start": "00:05:33", "end": "00:05:37", "text": "place, but I did have my up my Uphold"}, {"start": "00:05:35", "end": "00:05:39", "text": "XRP debit card uh that I've been using."}, {"start": "00:05:37", "end": "00:05:41", "text": "You can spend crypto through that debit"}, {"start": "00:05:39", "end": "00:05:43", "text": "card and earn XRP back. So, I was just"}, {"start": "00:05:41", "end": "00:05:44", "text": "like experimenting over in Hong Kong and"}, {"start": "00:05:43", "end": "00:05:46", "text": "it worked. I used it in Europe and it"}, {"start": "00:05:44", "end": "00:05:48", "text": "worked. So, there's obviously like other"}, {"start": "00:05:46", "end": "00:05:50", "text": "ways, but I was hoping to spend like"}, {"start": "00:05:48", "end": "00:05:51", "text": "lightning network or something like"}, {"start": "00:05:50", "end": "00:05:52", "text": "that."}, {"start": "00:05:51", "end": "00:05:54", "text": ">> You know what? It's it's interesting"}, {"start": "00:05:52", "end": "00:05:55", "text": "because like as you're there, there's"}, {"start": "00:05:54", "end": "00:05:57", "text": "always ways around it. Now, the"}, {"start": "00:05:55", "end": "00:05:58", "text": "government will put on their roadblocks,"}, {"start": "00:05:57", "end": "00:06:00", "text": "but there's always a way that you can"}, {"start": "00:05:58", "end": "00:06:02", "text": "actually move things. You can use"}, {"start": "00:06:00", "end": "00:06:04", "text": "crypto. you can use digital assets and"}, {"start": "00:06:02", "end": "00:06:06", "text": "this is just one of those cases. So I"}, {"start": "00:06:04", "end": "00:06:08", "text": "mean I'd like to hear that. It is"}, {"start": "00:06:06", "end": "00:06:10", "text": "interesting though that there's so much"}, {"start": "00:06:08", "end": "00:06:14", "text": "enthusiasm about it but you can't really"}, {"start": "00:06:10", "end": "00:06:16", "text": "use it yet but then again use a use a"}, {"start": "00:06:14", "end": "00:06:18", "text": "card which you can circumvent that use"}, {"start": "00:06:16", "end": "00:06:21", "text": "the crypto and it makes a lot of sense."}, {"start": "00:06:18", "end": "00:06:22", "text": "Hey Randy when we were as I was going"}, {"start": "00:06:21", "end": "00:06:25", "text": "through and again follow Randy over on"}, {"start": "00:06:22", "end": "00:06:27", "text": "X. You're always educating you're always"}, {"start": "00:06:25", "end": "00:06:29", "text": "somewhere you're always [laughter] doing"}, {"start": "00:06:27", "end": "00:06:31", "text": "doing the big stuff right? This is you"}, {"start": "00:06:29", "end": "00:06:31", "text": "at a high school class."}, {"start": "00:06:31", "end": "00:06:34", "text": ">> Yeah."}, {"start": "00:06:31", "end": "00:06:35", "text": ">> This is you probably there at uh I'm"}, {"start": "00:06:34", "end": "00:06:38", "text": "guessing this is Hong Kong, but you've"}, {"start": "00:06:35", "end": "00:06:40", "text": "also been on Fox News multiple multiple"}, {"start": "00:06:38", "end": "00:06:44", "text": "multiple times and it seems like you"}, {"start": "00:06:40", "end": "00:06:47", "text": "just are non-stop. How did you get into"}, {"start": "00:06:44", "end": "00:06:49", "text": "that? How did you get to that role"}, {"start": "00:06:47", "end": "00:06:51", "text": ">> like with Fox"}, {"start": "00:06:49", "end": "00:06:53", "text": "or just wanting to educate everybody?"}, {"start": "00:06:51", "end": "00:06:55", "text": ">> So when I when I initially created Miss"}, {"start": "00:06:53", "end": "00:06:57", "text": "Teen Crypto and I was 17, Rob, I'm"}, {"start": "00:06:55", "end": "00:06:59", "text": "almost 24. Can you believe that? In"}, {"start": "00:06:57", "end": "00:07:03", "text": "February, I'm gonna be 24."}, {"start": "00:06:59", "end": "00:07:03", "text": ">> 50s. Yeah, it goes fast. [laughter]"}, {"start": "00:07:04", "end": "00:07:10", "text": ">> Sorry. But when I first like created"}, {"start": "00:07:07", "end": "00:07:13", "text": "Miss Teen Crypto, I was kind of like"}, {"start": "00:07:10", "end": "00:07:15", "text": "mind blown that there was like no Gen Z"}, {"start": "00:07:13", "end": "00:07:15", "text": "in this space. And"}, {"start": "00:07:15", "end": "00:07:17", "text": ">> that's it."}, {"start": "00:07:15", "end": "00:07:20", "text": ">> Again, I was I was sitting there and"}, {"start": "00:07:17", "end": "00:07:22", "text": "saying to myself, this needs to change."}, {"start": "00:07:20", "end": "00:07:24", "text": "And there was no other like there was no"}, {"start": "00:07:22", "end": "00:07:25", "text": "other teenager still to this day. like"}, {"start": "00:07:24", "end": "00:07:27", "text": "there's no other teenagers really"}, {"start": "00:07:25", "end": "00:07:28", "text": "creating content in crypto. Um I'm"}, {"start": "00:07:27", "end": "00:07:30", "text": "probably one of the youngest creating"}, {"start": "00:07:28", "end": "00:07:33", "text": "content here and like the long the"}, {"start": "00:07:30", "end": "00:07:35", "text": "longest standing I think. Um and so I"}, {"start": "00:07:33", "end": "00:07:37", "text": "was just basically like, \"Oh, hey, why"}, {"start": "00:07:35", "end": "00:07:38", "text": "don't I go and educate people?\" Because"}, {"start": "00:07:37", "end": "00:07:40", "text": "I initially like I was going to go to"}, {"start": "00:07:38", "end": "00:07:41", "text": "college. Um for people that didn't know,"}, {"start": "00:07:40", "end": "00:07:44", "text": "like I was going to be like a psych"}, {"start": "00:07:41", "end": "00:07:46", "text": "major. Um before I left high school, I"}, {"start": "00:07:44", "end": "00:07:48", "text": "was taking two years of college math,"}, {"start": "00:07:46", "end": "00:07:51", "text": "two years of college English, uh college"}, {"start": "00:07:48", "end": "00:07:53", "text": "science. I took um what else did I take?"}, {"start": "00:07:51", "end": "00:07:55", "text": "I I took college psych for two years."}, {"start": "00:07:53", "end": "00:07:56", "text": "got college credits for all of it. And"}, {"start": "00:07:55", "end": "00:07:59", "text": "that's really where I thought I was"}, {"start": "00:07:56", "end": "00:08:01", "text": "going to go. And then I found crypto and"}, {"start": "00:07:59", "end": "00:08:03", "text": "I said to myself, well, no one no"}, {"start": "00:08:01", "end": "00:08:05", "text": "college is going to teach me crypto. So"}, {"start": "00:08:03", "end": "00:08:07", "text": "why don't I go to colleges and schools"}, {"start": "00:08:05", "end": "00:08:09", "text": "and teach people about crypto instead?"}, {"start": "00:08:07", "end": "00:08:11", "text": "[laughter] So that's kind of what I"}, {"start": "00:08:09", "end": "00:08:12", "text": "started doing. And even like you know"}, {"start": "00:08:11", "end": "00:08:14", "text": "that high school that you put over"}, {"start": "00:08:12", "end": "00:08:16", "text": "there, that was my former high school."}, {"start": "00:08:14", "end": "00:08:18", "text": "And when I was there uh and starting"}, {"start": "00:08:16", "end": "00:08:20", "text": "Miss Teen Crypto as a junior, I"}, {"start": "00:08:18", "end": "00:08:21", "text": "literally had a guidance counselor come"}, {"start": "00:08:20", "end": "00:08:22", "text": "up to me. my guidance counselor. He's"}, {"start": "00:08:21", "end": "00:08:24", "text": "the man that got me through high school."}, {"start": "00:08:22", "end": "00:08:26", "text": "Without him, I don't know what where I"}, {"start": "00:08:24", "end": "00:08:28", "text": "would have been. But he came up to me"}, {"start": "00:08:26", "end": "00:08:31", "text": "one day and he was like, \"Randy, are you"}, {"start": "00:08:28", "end": "00:08:33", "text": "okay?\" And I was like, \"Yeah, why?\" He"}, {"start": "00:08:31", "end": "00:08:34", "text": "said, \"Because everyone's talking about"}, {"start": "00:08:33", "end": "00:08:36", "text": "you, teachers, students.\" Like, he's"}, {"start": "00:08:34", "end": "00:08:37", "text": "like, \"Everybody.\" And he's like, \"I"}, {"start": "00:08:36", "end": "00:08:38", "text": "just want to make sure you were okay.\""}, {"start": "00:08:37", "end": "00:08:39", "text": "And I was like, \"Yeah, they just don't"}, {"start": "00:08:38", "end": "00:08:40", "text": "get it.\" And he was like, \"Yes, you're"}, {"start": "00:08:39", "end": "00:08:42", "text": "right. Like, nobody understands.\" He's"}, {"start": "00:08:40", "end": "00:08:43", "text": "like, \"But I believe in you.\" And he was"}, {"start": "00:08:42", "end": "00:08:46", "text": "the only person that said that to me at"}, {"start": "00:08:43", "end": "00:08:48", "text": "the time. And yeah, and then even the"}, {"start": "00:08:46", "end": "00:08:50", "text": "principal called me crazy. And then"}, {"start": "00:08:48", "end": "00:08:52", "text": "about a year later, they invited me back"}, {"start": "00:08:50", "end": "00:08:54", "text": "uh to teach. And then I've been going"}, {"start": "00:08:52", "end": "00:08:56", "text": "back almost every year since then. Um"}, {"start": "00:08:54", "end": "00:08:58", "text": "that principal is out, but and there's a"}, {"start": "00:08:56", "end": "00:08:59", "text": "new one in. But yeah, they keep inviting"}, {"start": "00:08:58", "end": "00:09:01", "text": "me. And every time I go back to that"}, {"start": "00:08:59", "end": "00:09:02", "text": "school, people are like, \"Wow, that this"}, {"start": "00:09:01", "end": "00:09:04", "text": "Bitcoin thing is really working, huh?\""}, {"start": "00:09:02", "end": "00:09:06", "text": "And I said, \"Yeah, because when I was"}, {"start": "00:09:04", "end": "00:09:08", "text": "telling people about everything um"}, {"start": "00:09:06", "end": "00:09:10", "text": "crypto-wise when I was 17, I was a"}, {"start": "00:09:08", "end": "00:09:10", "text": "junior. Bitcoin was $7,000.\""}, {"start": "00:09:10", "end": "00:09:13", "text": ">> Yeah."}, {"start": "00:09:10", "end": "00:09:15", "text": ">> And I was doing videos uh with people in"}, {"start": "00:09:13", "end": "00:09:17", "text": "my class like sending them Bitcoin at"}, {"start": "00:09:15", "end": "00:09:18", "text": "$7,000."}, {"start": "00:09:17", "end": "00:09:20", "text": "And I was like begging people in school."}, {"start": "00:09:18", "end": "00:09:21", "text": "I was like, \"Please let me give you"}, {"start": "00:09:20", "end": "00:09:22", "text": "Bitcoin. Let me give you money.\" No one"}, {"start": "00:09:21", "end": "00:09:24", "text": "wanted to take it at the time cuz"}, {"start": "00:09:22", "end": "00:09:26", "text": "everyone bullied me. They thought I was"}, {"start": "00:09:24", "end": "00:09:27", "text": "crazy. And so I was just like, you know"}, {"start": "00:09:26", "end": "00:09:28", "text": "what? If they're going to think I'm"}, {"start": "00:09:27", "end": "00:09:30", "text": "crazy, like let them think I'm"}, {"start": "00:09:28", "end": "00:09:32", "text": "absolutely psychotic. So then that's why"}, {"start": "00:09:30", "end": "00:09:34", "text": "I really doubled down on crypto. And"}, {"start": "00:09:32", "end": "00:09:35", "text": "then even like when I first got on,"}, {"start": "00:09:34", "end": "00:09:37", "text": "people thought I wasn't real, which I"}, {"start": "00:09:35", "end": "00:09:38", "text": "thought was really funny. So I was like,"}, {"start": "00:09:37", "end": "00:09:41", "text": "why don't I just keep like pushing"}, {"start": "00:09:38", "end": "00:09:43", "text": "videos and see what people come up with."}, {"start": "00:09:41", "end": "00:09:45", "text": "So I really wanted to like take adoption"}, {"start": "00:09:43", "end": "00:09:47", "text": "into my own hands. So I created Missine"}, {"start": "00:09:45", "end": "00:09:49", "text": "Crypto April 2020. So by October,"}, {"start": "00:09:47", "end": "00:09:51", "text": "November of 2020, I was like living in"}, {"start": "00:09:49", "end": "00:09:53", "text": "Brooklyn, took the train to Manhattan"}, {"start": "00:09:51", "end": "00:09:54", "text": "with my sister. We started interviewing"}, {"start": "00:09:53", "end": "00:09:56", "text": "people, asking them if they knew about"}, {"start": "00:09:54", "end": "00:09:58", "text": "Bitcoin. Like this was the midst of"}, {"start": "00:09:56", "end": "00:10:00", "text": "COVID and people were mad at me that I"}, {"start": "00:09:58", "end": "00:10:02", "text": "wasn't social distancing, but whatever."}, {"start": "00:10:00", "end": "00:10:05", "text": "Um, and so yeah, it was like a big uh"}, {"start": "00:10:02", "end": "00:10:08", "text": "debacle, but anyway, I just wanted to"}, {"start": "00:10:05", "end": "00:10:09", "text": "take adoption into my own hands and"}, {"start": "00:10:08", "end": "00:10:12", "text": "started just like making videos, going"}, {"start": "00:10:09", "end": "00:10:13", "text": "on the streets. Uh, and then I started"}, {"start": "00:10:12", "end": "00:10:16", "text": "harassing Charles Payne from Fox"}, {"start": "00:10:13", "end": "00:10:18", "text": "Business and I kept DMing him and DMing"}, {"start": "00:10:16", "end": "00:10:20", "text": "him and commenting and commenting until"}, {"start": "00:10:18", "end": "00:10:22", "text": "he finally answered me. And by 18 years"}, {"start": "00:10:20", "end": "00:10:23", "text": "old, he put me on Fox Business. So, it's"}, {"start": "00:10:22", "end": "00:10:26", "text": "been over five years since I've been"}, {"start": "00:10:23", "end": "00:10:27", "text": "participating uh with that network. And,"}, {"start": "00:10:26", "end": "00:10:29", "text": "you know, it just kind of kept going"}, {"start": "00:10:27", "end": "00:10:30", "text": "from there. Then conferences were"}, {"start": "00:10:29", "end": "00:10:32", "text": "calling me like, \"Hey, come do this"}, {"start": "00:10:30", "end": "00:10:34", "text": "workshop, do that workshop.\" I actually"}, {"start": "00:10:32", "end": "00:10:37", "text": "ditched my high school graduation to go"}, {"start": "00:10:34", "end": "00:10:40", "text": "teach uh an NFT workshop in Miami. So,"}, {"start": "00:10:37", "end": "00:10:42", "text": "you know, I've sacrificed everything uh"}, {"start": "00:10:40", "end": "00:10:44", "text": "for crypto because I fully believe in"}, {"start": "00:10:42", "end": "00:10:46", "text": "the revolution. And so, now it's just"}, {"start": "00:10:44", "end": "00:10:48", "text": "like kind of escalating to a point"}, {"start": "00:10:46", "end": "00:10:49", "text": "where, you know, Bitcoin conference is"}, {"start": "00:10:48", "end": "00:10:52", "text": "like, hey, we do really need that"}, {"start": "00:10:49", "end": "00:10:53", "text": "education, come to Asia. Um hopefully I"}, {"start": "00:10:52", "end": "00:10:56", "text": "could do some stuff in Nashville. That's"}, {"start": "00:10:53", "end": "00:10:58", "text": "TBD. Uh but yeah, I'm really I'm really"}, {"start": "00:10:56", "end": "00:11:01", "text": "like working so hard and this is a lot"}, {"start": "00:10:58", "end": "00:11:03", "text": "of the things I do are multi-year plays."}, {"start": "00:11:01", "end": "00:11:05", "text": "Um especially with, you know, and I'll"}, {"start": "00:11:03", "end": "00:11:07", "text": "reveal my plans once they come to to"}, {"start": "00:11:05", "end": "00:11:08", "text": "fruit, some of them. Um, but a lot of"}, {"start": "00:11:07", "end": "00:11:10", "text": "what I'm doing has been like a"}, {"start": "00:11:08", "end": "00:11:12", "text": "multi-year plan, a multi-year stretch."}, {"start": "00:11:10", "end": "00:11:14", "text": "And I know a lot of people are not okay"}, {"start": "00:11:12", "end": "00:11:15", "text": "with that. They if they don't see"}, {"start": "00:11:14", "end": "00:11:17", "text": "results right away, they quit. Um, but"}, {"start": "00:11:15", "end": "00:11:19", "text": "everything comes in due time. It's"}, {"start": "00:11:17", "end": "00:11:21", "text": "divine timing. And I really I really"}, {"start": "00:11:19", "end": "00:11:23", "text": "believe in God's plan. And like I'm"}, {"start": "00:11:21", "end": "00:11:24", "text": "still here. There's no reason like I say"}, {"start": "00:11:23", "end": "00:11:26", "text": "this to people a lot, like there's no"}, {"start": "00:11:24", "end": "00:11:28", "text": "reason I should be here. You know, I"}, {"start": "00:11:26", "end": "00:11:32", "text": "don't have a college degree um in"}, {"start": "00:11:28", "end": "00:11:33", "text": "finance um in business or in um you"}, {"start": "00:11:32", "end": "00:11:35", "text": "know, social media or broadcast"}, {"start": "00:11:33", "end": "00:11:36", "text": "journalism. Like I don't have a degree"}, {"start": "00:11:35", "end": "00:11:37", "text": "in any of this. But I really wanted to"}, {"start": "00:11:36", "end": "00:11:39", "text": "prove that even if you can't afford"}, {"start": "00:11:37", "end": "00:11:40", "text": "college, if you keep pushing, you follow"}, {"start": "00:11:39", "end": "00:11:42", "text": "your dreams, like the American dream is"}, {"start": "00:11:40", "end": "00:11:43", "text": "still real. Uh, and that's the plan"}, {"start": "00:11:42", "end": "00:11:45", "text": "right now, which is like a multi"}, {"start": "00:11:43", "end": "00:11:48", "text": "multi-year plan. So, I'm going into uh"}, {"start": "00:11:45", "end": "00:11:51", "text": "year seven and I'm hoping by year 10 I a"}, {"start": "00:11:48", "end": "00:11:52", "text": "lot of my things uh come to fruit and"}, {"start": "00:11:51", "end": "00:11:53", "text": "blossom."}, {"start": "00:11:52", "end": "00:11:56", "text": ">> Yeah, well said. And you know what it"}, {"start": "00:11:53", "end": "00:11:58", "text": "comes down to? It's of course what Enen"}, {"start": "00:11:56", "end": "00:12:00", "text": "is talking about or Enso Mining."}, {"start": "00:11:58", "end": "00:12:03", "text": "education is a superpower and like you"}, {"start": "00:12:00", "end": "00:12:05", "text": "said things happen at the right place at"}, {"start": "00:12:03", "end": "00:12:06", "text": "the right time as far as God's plan."}, {"start": "00:12:05", "end": "00:12:08", "text": ">> So with these things that you're talking"}, {"start": "00:12:06", "end": "00:12:10", "text": "about this was what you were supposed to"}, {"start": "00:12:08", "end": "00:12:12", "text": "do and I will say that uh well there's"}, {"start": "00:12:10", "end": "00:12:14", "text": "there's actually two things. First of"}, {"start": "00:12:12", "end": "00:12:16", "text": "all I think because we are here that is"}, {"start": "00:12:14", "end": "00:12:18", "text": "the reason for this pump. Uh Jimmy says"}, {"start": "00:12:16", "end": "00:12:20", "text": "that Bitcoin the crypto market is"}, {"start": "00:12:18", "end": "00:12:20", "text": "pumping 8,500. You're"}, {"start": "00:12:20", "end": "00:12:22", "text": ">> let's go."}, {"start": "00:12:20", "end": "00:12:24", "text": ">> You're welcome crypto market. We did it."}, {"start": "00:12:22", "end": "00:12:26", "text": "And then"}, {"start": "00:12:24", "end": "00:12:29", "text": ">> yeah, the second thing, Ren, is because"}, {"start": "00:12:26", "end": "00:12:31", "text": "like like you said, I'm one of the few"}, {"start": "00:12:29", "end": "00:12:34", "text": "Gen Z's out there that actually are"}, {"start": "00:12:31", "end": "00:12:35", "text": "educating everybody. When you go talk to"}, {"start": "00:12:34", "end": "00:12:37", "text": "your peer group and you're telling and"}, {"start": "00:12:35", "end": "00:12:38", "text": "not just Hong Kong, we're talking like"}, {"start": "00:12:37", "end": "00:12:41", "text": "every everywhere else. What is the"}, {"start": "00:12:38", "end": "00:12:42", "text": "biggest push back you get or do you get"}, {"start": "00:12:41", "end": "00:12:45", "text": "push back or is it just a bunch of"}, {"start": "00:12:42", "end": "00:12:47", "text": "questions? Because I look at it like"}, {"start": "00:12:45", "end": "00:12:49", "text": "when I grew up investing wasn't a thing."}, {"start": "00:12:47", "end": "00:12:51", "text": "We grew up very poor. We didn't really"}, {"start": "00:12:49", "end": "00:12:52", "text": "understand that. But as time has gone"}, {"start": "00:12:51", "end": "00:12:54", "text": "on, I'm like, wouldn't it be great if"}, {"start": "00:12:52", "end": "00:12:56", "text": "someone would have told me about the S&P"}, {"start": "00:12:54", "end": "00:12:58", "text": "500, about dollar cost averaging, about"}, {"start": "00:12:56", "end": "00:13:00", "text": "the long-term effects? What do you see"}, {"start": "00:12:58", "end": "00:13:01", "text": "when you're talking to people? What do"}, {"start": "00:13:00", "end": "00:13:03", "text": "you get back?"}, {"start": "00:13:01", "end": "00:13:05", "text": ">> You know, honestly, a lot of a lot of"}, {"start": "00:13:03", "end": "00:13:07", "text": "people in Gen Z are already on Robin"}, {"start": "00:13:05", "end": "00:13:09", "text": "Hood and they're already on these apps."}, {"start": "00:13:07", "end": "00:13:10", "text": "So, I think the accessibility is there,"}, {"start": "00:13:09", "end": "00:13:13", "text": "so the mindset's a little bit different,"}, {"start": "00:13:10", "end": "00:13:14", "text": "but I don't think there's much push back"}, {"start": "00:13:13", "end": "00:13:16", "text": "other than like they just don't"}, {"start": "00:13:14", "end": "00:13:18", "text": "understand fundamentally what it is. And"}, {"start": "00:13:16", "end": "00:13:20", "text": "like they think like, \"Oh, I I can't"}, {"start": "00:13:18", "end": "00:13:22", "text": "afford $80,000. What do you mean? I"}, {"start": "00:13:20", "end": "00:13:23", "text": "can't buy that. And I'm like, oh, it's a"}, {"start": "00:13:22", "end": "00:13:25", "text": "currency exchange. Like, you know, 100"}, {"start": "00:13:23", "end": "00:13:27", "text": "cents is to a dollar. You don't have to"}, {"start": "00:13:25", "end": "00:13:28", "text": "own a whole whole dollar if you go to"}, {"start": "00:13:27", "end": "00:13:29", "text": "the airport, do the currency conversion."}, {"start": "00:13:28", "end": "00:13:31", "text": "You're not looking at the charts. You're"}, {"start": "00:13:29", "end": "00:13:32", "text": "like, hey, here's my hundred US. Give me"}, {"start": "00:13:31", "end": "00:13:34", "text": "the equivalent in euros, Hong Kong"}, {"start": "00:13:32", "end": "00:13:36", "text": "dollars, whatever it is. And then that's"}, {"start": "00:13:34", "end": "00:13:37", "text": "what clicks for them. So, I think we"}, {"start": "00:13:36", "end": "00:13:40", "text": "just need like again that basic"}, {"start": "00:13:37", "end": "00:13:41", "text": "education to kind of overcome like these"}, {"start": "00:13:40", "end": "00:13:43", "text": "narratives that were put out there"}, {"start": "00:13:41", "end": "00:13:46", "text": "that's too expensive or things like"}, {"start": "00:13:43", "end": "00:13:48", "text": "that. But I think ultimately uh the only"}, {"start": "00:13:46", "end": "00:13:51", "text": "kind of push back I get now is from"}, {"start": "00:13:48", "end": "00:13:53", "text": "women. Um, for example, I was, you know,"}, {"start": "00:13:51", "end": "00:13:55", "text": "I do my solo dates and things and I film"}, {"start": "00:13:53", "end": "00:13:57", "text": "like food vlogs and connected to crypto."}, {"start": "00:13:55", "end": "00:13:59", "text": "So, I was sleeping one night eating"}, {"start": "00:13:57", "end": "00:14:01", "text": "sushi at the sushi bar, just, you know,"}, {"start": "00:13:59", "end": "00:14:03", "text": "recording myself as I do. And these"}, {"start": "00:14:01", "end": "00:14:04", "text": "girls came up to me. They're like, \"What"}, {"start": "00:14:03", "end": "00:14:06", "text": "do you do?\" So, I started telling them,"}, {"start": "00:14:04", "end": "00:14:07", "text": "you know, I do like food stuff mixed"}, {"start": "00:14:06", "end": "00:14:09", "text": "with crypto and like lifestyle,"}, {"start": "00:14:07", "end": "00:14:10", "text": "whatever. And they were like, \"What do"}, {"start": "00:14:09", "end": "00:14:12", "text": "you mean Bitcoin?\" And I was like,"}, {"start": "00:14:10", "end": "00:14:14", "text": "\"Yeah, like do you know about Bitcoin?\""}, {"start": "00:14:12", "end": "00:14:17", "text": "They're like, \"Well, it's just always"}, {"start": "00:14:14", "end": "00:14:18", "text": "mansplained to me.\" And I just I you"}, {"start": "00:14:17", "end": "00:14:20", "text": "know I hear this guy's into it and that"}, {"start": "00:14:18", "end": "00:14:21", "text": "guy's into it, but I don't ever hear"}, {"start": "00:14:20", "end": "00:14:22", "text": "about women getting into it and then"}, {"start": "00:14:21", "end": "00:14:24", "text": "when a man tries to explain it to me, I"}, {"start": "00:14:22", "end": "00:14:25", "text": "just don't freaking get it. And like"}, {"start": "00:14:24", "end": "00:14:28", "text": "they were saying, it essentially goes"}, {"start": "00:14:25", "end": "00:14:29", "text": "over their head. And then when I explain"}, {"start": "00:14:28", "end": "00:14:30", "text": "it to them, they're like, \"Oh, wait, no,"}, {"start": "00:14:29", "end": "00:14:33", "text": "this actually makes sense.\" Um, and I"}, {"start": "00:14:30", "end": "00:14:35", "text": "think it's just in a way of the way like"}, {"start": "00:14:33", "end": "00:14:36", "text": "men operate in their brain, which is a"}, {"start": "00:14:35", "end": "00:14:38", "text": "little more logical to the point where"}, {"start": "00:14:36", "end": "00:14:41", "text": "like women like are a little bit more"}, {"start": "00:14:38", "end": "00:14:42", "text": "like storytelling. Um, and like kind of"}, {"start": "00:14:41", "end": "00:14:43", "text": "break it down in a different way. I"}, {"start": "00:14:42", "end": "00:14:45", "text": "think there's just a difference between"}, {"start": "00:14:43", "end": "00:14:47", "text": "men and women how we explain things. But"}, {"start": "00:14:45", "end": "00:14:48", "text": "I think mansplaining has been like the"}, {"start": "00:14:47", "end": "00:14:51", "text": "biggest obstacle, especially to get"}, {"start": "00:14:48", "end": "00:14:52", "text": "women uh into finance because typically"}, {"start": "00:14:51", "end": "00:14:54", "text": "finance is just like you think of like"}, {"start": "00:14:52", "end": "00:14:56", "text": "the trades on Wall Street with their"}, {"start": "00:14:54", "end": "00:14:58", "text": "suits and their little cashmere sweaters"}, {"start": "00:14:56", "end": "00:15:00", "text": "and you don't you don't think about you"}, {"start": "00:14:58", "end": "00:15:02", "text": "know how fun Bitcoin and crypto actually"}, {"start": "00:15:00", "end": "00:15:04", "text": "is. I even said this on Fox Business at"}, {"start": "00:15:02", "end": "00:15:06", "text": "18. I was like, why don't people go and"}, {"start": "00:15:04", "end": "00:15:08", "text": "have fun? Go and transact. Like, open a"}, {"start": "00:15:06", "end": "00:15:10", "text": "QR code with your friend. Like, you guys"}, {"start": "00:15:08", "end": "00:15:12", "text": "open some wallets, send money back and"}, {"start": "00:15:10", "end": "00:15:13", "text": "forth, mint an NFT, put art on the"}, {"start": "00:15:12", "end": "00:15:16", "text": "blockchain. You'll see how easy it is."}, {"start": "00:15:13", "end": "00:15:17", "text": "And just gify the experience. And I"}, {"start": "00:15:16", "end": "00:15:18", "text": "think even, you know, people are"}, {"start": "00:15:17", "end": "00:15:20", "text": "starting to use crypto without knowing"}, {"start": "00:15:18", "end": "00:15:22", "text": "it's crypto. Like Poly Market. A lot of"}, {"start": "00:15:20", "end": "00:15:23", "text": "Gen Z are on Poly Market. They don't"}, {"start": "00:15:22", "end": "00:15:25", "text": "know that's based on freaking"}, {"start": "00:15:23", "end": "00:15:27", "text": "blockchain, but it's easy enough to use,"}, {"start": "00:15:25", "end": "00:15:29", "text": "easy enough to understand. Hey, I pay"}, {"start": "00:15:27", "end": "00:15:31", "text": "money, do pull, win, pull, get money."}, {"start": "00:15:29", "end": "00:15:33", "text": "Okay. And I think that's just kind of"}, {"start": "00:15:31", "end": "00:15:35", "text": "where we're headed. So the stars, as"}, {"start": "00:15:33", "end": "00:15:38", "text": "someone commented, uh the stars are"}, {"start": "00:15:35", "end": "00:15:41", "text": "aligning. I fully believe that 100%. And"}, {"start": "00:15:38", "end": "00:15:42", "text": "uh I think it's just a matter of time"}, {"start": "00:15:41", "end": "00:15:44", "text": "until people are just saying, you know"}, {"start": "00:15:42", "end": "00:15:46", "text": "what, I don't even carry cash in my"}, {"start": "00:15:44", "end": "00:15:49", "text": "pocket. Their pennies don't exist"}, {"start": "00:15:46", "end": "00:15:50", "text": "anymore. I might as well just go and do"}, {"start": "00:15:49", "end": "00:15:52", "text": "something uh with crypto because at"}, {"start": "00:15:50", "end": "00:15:54", "text": "least it's money that belongs to me."}, {"start": "00:15:52", "end": "00:15:56", "text": "It's digitally native. Um and we're"}, {"start": "00:15:54", "end": "00:15:58", "text": "using AI agents as well. All my friends"}, {"start": "00:15:56", "end": "00:16:00", "text": "are using AI every freaking day for"}, {"start": "00:15:58", "end": "00:16:02", "text": "everything. No matter if they're nurses,"}, {"start": "00:16:00", "end": "00:16:04", "text": "you know, for a test or just like, you"}, {"start": "00:16:02", "end": "00:16:05", "text": "know, doing finance, insurance, like all"}, {"start": "00:16:04", "end": "00:16:08", "text": "my friends across all these sectors,"}, {"start": "00:16:05", "end": "00:16:10", "text": "they're using AI. And obviously, like"}, {"start": "00:16:08", "end": "00:16:12", "text": "what is going to, you know, pay AI or"}, {"start": "00:16:10", "end": "00:16:14", "text": "what is AI going to use to pay for"}, {"start": "00:16:12", "end": "00:16:16", "text": "things? Crypto. So, we're absorbing the"}, {"start": "00:16:14", "end": "00:16:19", "text": "world's wealth. Even the whole notion of"}, {"start": "00:16:16", "end": "00:16:21", "text": "like, oh, just a nine-to-five stockery."}, {"start": "00:16:19", "end": "00:16:24", "text": "Like, no, now you could get do stocks"}, {"start": "00:16:21", "end": "00:16:26", "text": "24/7 with tokenization. even the NASDAQ,"}, {"start": "00:16:24", "end": "00:16:27", "text": "New York Stock Exchange in January of"}, {"start": "00:16:26", "end": "00:16:29", "text": "this year. No one paid attention, but"}, {"start": "00:16:27", "end": "00:16:31", "text": "they were like, \"Hey guys, just so you"}, {"start": "00:16:29", "end": "00:16:34", "text": "know, like we're gonna be doing this"}, {"start": "00:16:31", "end": "00:16:36", "text": "stuff on blockchain though.\" And then,"}, {"start": "00:16:34", "end": "00:16:38", "text": "oh, we're just going to get a rush. So,"}, {"start": "00:16:36", "end": "00:16:39", "text": "I think people are just going to have to"}, {"start": "00:16:38", "end": "00:16:41", "text": "see the next bull run and all that. The"}, {"start": "00:16:39", "end": "00:16:42", "text": "crazy people like us that have been"}, {"start": "00:16:41", "end": "00:16:43", "text": "talking about these things for years."}, {"start": "00:16:42", "end": "00:16:45", "text": "We're finally going to be right. They're"}, {"start": "00:16:43", "end": "00:16:47", "text": "going to be like, \"Oh my god.\" I think"}, {"start": "00:16:45", "end": "00:16:50", "text": "the next run is really going to be it."}, {"start": "00:16:47", "end": "00:16:52", "text": "Um, something about it just tells me"}, {"start": "00:16:50", "end": "00:16:54", "text": "that we're just we're gearing up for"}, {"start": "00:16:52", "end": "00:16:56", "text": "something big. I've been feeling this"}, {"start": "00:16:54", "end": "00:16:57", "text": "for the past year. Um, something has"}, {"start": "00:16:56", "end": "00:16:59", "text": "just been really pressing on my heart."}, {"start": "00:16:57", "end": "00:17:02", "text": "Even though a lot of people were down in"}, {"start": "00:16:59", "end": "00:17:03", "text": "the trenches, we had a cold card, all"}, {"start": "00:17:02", "end": "00:17:04", "text": "these freaking shenanigans that I"}, {"start": "00:17:03", "end": "00:17:06", "text": "believe were coordinated. We don't have"}, {"start": "00:17:04", "end": "00:17:08", "text": "to get into that, but I really do"}, {"start": "00:17:06", "end": "00:17:10", "text": "believe that, you know, we're building"}, {"start": "00:17:08", "end": "00:17:12", "text": "up to something absolutely massive and"}, {"start": "00:17:10", "end": "00:17:13", "text": "people just really aren't ready for it."}, {"start": "00:17:12", "end": "00:17:15", "text": "But I am, and I'm ready to bring that"}, {"start": "00:17:13", "end": "00:17:16", "text": "education to them when it comes time."}, {"start": "00:17:15", "end": "00:17:18", "text": "So, everyone that stuck around, you you"}, {"start": "00:17:16", "end": "00:17:19", "text": "will win. You will win."}, {"start": "00:17:18", "end": "00:17:21", "text": ">> And you know what? And it's a good thing"}, {"start": "00:17:19", "end": "00:17:22", "text": "you're here because like you talked"}, {"start": "00:17:21", "end": "00:17:25", "text": "about, there are there's a demographic"}, {"start": "00:17:22", "end": "00:17:27", "text": "you just explained that I don't talk to"}, {"start": "00:17:25", "end": "00:17:31", "text": "and that is mostly females on my"}, {"start": "00:17:27", "end": "00:17:33", "text": "channel. I think I have five that do me"}, {"start": "00:17:31", "end": "00:17:35", "text": "and the other 99.9% all a bunch of"}, {"start": "00:17:33", "end": "00:17:38", "text": "dudes. So, we have that part and then"}, {"start": "00:17:35", "end": "00:17:39", "text": "also we have the Gen Z part. So, with"}, {"start": "00:17:38", "end": "00:17:41", "text": "you there, it kind of encompasses"}, {"start": "00:17:39", "end": "00:17:43", "text": "everything that we're trying to do. So,"}, {"start": "00:17:41", "end": "00:17:45", "text": "before we get out of here, and it goes"}, {"start": "00:17:43", "end": "00:17:46", "text": "so fast. It goes so fast."}, {"start": "00:17:45", "end": "00:17:47", "text": ">> I know. I was like, I can't believe it's"}, {"start": "00:17:46", "end": "00:17:50", "text": "over."}, {"start": "00:17:47", "end": "00:17:51", "text": ">> Let's the the the theme today that I've"}, {"start": "00:17:50", "end": "00:17:54", "text": "asked everybody, and we talked about"}, {"start": "00:17:51", "end": "00:17:56", "text": "this at length, is the cycles, the"}, {"start": "00:17:54", "end": "00:17:59", "text": "four-year cycles. Where is Bitcoin"}, {"start": "00:17:56", "end": "00:18:00", "text": "going? And I know in the long term, I"}, {"start": "00:17:59", "end": "00:18:03", "text": "think we're going to hit it. We're going"}, {"start": "00:18:00", "end": "00:18:05", "text": "to do great, right? In the long term,"}, {"start": "00:18:03", "end": "00:18:07", "text": "this next quarter coming up, and you've"}, {"start": "00:18:05", "end": "00:18:08", "text": "talked to a lot of people, you've seen a"}, {"start": "00:18:07", "end": "00:18:10", "text": "lot of sensemen, and you've been a lot"}, {"start": "00:18:08", "end": "00:18:13", "text": "of shows. So, when you think about it"}, {"start": "00:18:10", "end": "00:18:16", "text": "for a Q4, what do you see?"}, {"start": "00:18:13", "end": "00:18:18", "text": ">> You know, I think it's either gonna be"}, {"start": "00:18:16", "end": "00:18:20", "text": "like a massive run or it's just going to"}, {"start": "00:18:18", "end": "00:18:23", "text": "be chill. We got midterms coming up. We"}, {"start": "00:18:20", "end": "00:18:25", "text": "got clarity. Um, it really depends on"}, {"start": "00:18:23", "end": "00:18:27", "text": "the banks because and and hear me out"}, {"start": "00:18:25", "end": "00:18:29", "text": "here. The Clarity Act was just all"}, {"start": "00:18:27", "end": "00:18:31", "text": "smoking mirrors. It was just like what"}, {"start": "00:18:29", "end": "00:18:34", "text": "banker is going to pay Liz Warren to yap"}, {"start": "00:18:31", "end": "00:18:36", "text": "yap yap. And and the reason why they're"}, {"start": "00:18:34", "end": "00:18:38", "text": "doing that is I actually explained this"}, {"start": "00:18:36", "end": "00:18:40", "text": "on my show yesterday with an article to"}, {"start": "00:18:38", "end": "00:18:44", "text": "back me. is like all these like 21 and"}, {"start": "00:18:40", "end": "00:18:46", "text": "and notice the number 21 global banks"}, {"start": "00:18:44", "end": "00:18:48", "text": "all of a sudden between the US and"}, {"start": "00:18:46", "end": "00:18:50", "text": "Europe are going to team up on stable"}, {"start": "00:18:48", "end": "00:18:52", "text": "coins. Well, what were the bankers"}, {"start": "00:18:50", "end": "00:18:54", "text": "paying Liz Warren to complain about"}, {"start": "00:18:52", "end": "00:18:55", "text": "stable coins? It was because they were"}, {"start": "00:18:54", "end": "00:18:57", "text": "cooking. They weren't ready to put the"}, {"start": "00:18:55", "end": "00:18:59", "text": "meal out on the counter. So, they were"}, {"start": "00:18:57", "end": "00:19:01", "text": "like, \"Hey, Liz Warren, just yap and and"}, {"start": "00:18:59", "end": "00:19:04", "text": "and screw it all up for a little bit."}, {"start": "00:19:01", "end": "00:19:06", "text": "Postpone this and let us cook.\" Because"}, {"start": "00:19:04", "end": "00:19:09", "text": "the banks in the US were like, \"No,"}, {"start": "00:19:06", "end": "00:19:12", "text": "stable coins. we can't have it because"}, {"start": "00:19:09", "end": "00:19:13", "text": "because uh we're not ready. You're not"}, {"start": "00:19:12", "end": "00:19:14", "text": "allowed to have yield because we don't"}, {"start": "00:19:13", "end": "00:19:16", "text": "give you yield. So why should you get"}, {"start": "00:19:14", "end": "00:19:18", "text": "yield from somewhere else? And then in"}, {"start": "00:19:16", "end": "00:19:20", "text": "in Europe, they were like the banks were"}, {"start": "00:19:18", "end": "00:19:23", "text": "saying and Christine Lagard from the"}, {"start": "00:19:20", "end": "00:19:24", "text": "ECB, she's like, \"Oh my gosh, you guys"}, {"start": "00:19:23", "end": "00:19:27", "text": "can't have stable coins. Stable coins"}, {"start": "00:19:24", "end": "00:19:29", "text": "are bad, especially US denominated ones."}, {"start": "00:19:27", "end": "00:19:34", "text": "But the euro, we need the digital euro,"}, {"start": "00:19:29", "end": "00:19:36", "text": "the CBDC, not a stable coin.\" Oh. Oh."}, {"start": "00:19:34", "end": "00:19:37", "text": "What happened in that same article? She"}, {"start": "00:19:36", "end": "00:19:39", "text": "they're saying that there's going to be"}, {"start": "00:19:37", "end": "00:19:41", "text": "euro denominated stable coins in tandem"}, {"start": "00:19:39", "end": "00:19:43", "text": "with the US dollar denominated stable"}, {"start": "00:19:41", "end": "00:19:45", "text": "coins. So the banks at the end of the"}, {"start": "00:19:43", "end": "00:19:47", "text": "year are going to roll this thing out"}, {"start": "00:19:45", "end": "00:19:48", "text": "and then the Clarity Act will pass"}, {"start": "00:19:47", "end": "00:19:51", "text": "because the banks are ready to pass it."}, {"start": "00:19:48", "end": "00:19:53", "text": "That's why I tell tell everyone do not"}, {"start": "00:19:51", "end": "00:19:56", "text": "bet your freaking price action, your"}, {"start": "00:19:53", "end": "00:19:57", "text": "portfolio, nothing on what the Clarity"}, {"start": "00:19:56", "end": "00:19:59", "text": "Act is doing because they don't care"}, {"start": "00:19:57", "end": "00:20:02", "text": "about you. It's all theater. Gary"}, {"start": "00:19:59", "end": "00:20:04", "text": "Gendler, Operation Showoint 2.0 know was"}, {"start": "00:20:02", "end": "00:20:06", "text": "scripted to hold back crypto again until"}, {"start": "00:20:04", "end": "00:20:07", "text": "the banks were ready for Genius Act. And"}, {"start": "00:20:06", "end": "00:20:08", "text": "then once they had Genius Act, they're"}, {"start": "00:20:07", "end": "00:20:10", "text": "like, \"Wait, hold on. We have clarity,"}, {"start": "00:20:08", "end": "00:20:11", "text": "but we're not ready for clarity. Let's"}, {"start": "00:20:10", "end": "00:20:14", "text": "just tell them what we're going to do"}, {"start": "00:20:11", "end": "00:20:16", "text": "and then like actually do it later on."}, {"start": "00:20:14", "end": "00:20:18", "text": ">> Never when people expect it.\" Same with"}, {"start": "00:20:16", "end": "00:20:19", "text": "the Bitcoin Reserve."}, {"start": "00:20:18", "end": "00:20:21", "text": ">> Never when people expect it. It's well,"}, {"start": "00:20:19", "end": "00:20:23", "text": "you know what that uh you just"}, {"start": "00:20:21", "end": "00:20:26", "text": "encompassed probably an entire show of"}, {"start": "00:20:23", "end": "00:20:29", "text": "what I would would talk about into a"}, {"start": "00:20:26", "end": "00:20:30", "text": "condensed very thoughtful version of why"}, {"start": "00:20:29", "end": "00:20:32", "text": "[laughter]"}, {"start": "00:20:30", "end": "00:20:34", "text": "is not going to go through. Very nice."}, {"start": "00:20:32", "end": "00:20:36", "text": "So be before we get out of here, the"}, {"start": "00:20:34", "end": "00:20:37", "text": "last question is this. Randy, do you"}, {"start": "00:20:36", "end": "00:20:40", "text": "have any do you have any dogs? Got any"}, {"start": "00:20:37", "end": "00:20:41", "text": "cats? Got any pets? Anything like that?"}, {"start": "00:20:40", "end": "00:20:44", "text": "Rob, you're torturing me right now"}, {"start": "00:20:41", "end": "00:20:46", "text": "because I [laughter] I have I had a"}, {"start": "00:20:44", "end": "00:20:49", "text": "phase about a month ago where I was just"}, {"start": "00:20:46", "end": "00:20:51", "text": "like stalking puppies and like at all"}, {"start": "00:20:49", "end": "00:20:53", "text": "these shelters and then there was this"}, {"start": "00:20:51", "end": "00:20:54", "text": "like black golden doodle that was uh on"}, {"start": "00:20:53", "end": "00:20:56", "text": "Facebook Marketplace. I was scrolling"}, {"start": "00:20:54", "end": "00:20:59", "text": "Facebook Marketplace which is dangerous"}, {"start": "00:20:56", "end": "00:21:01", "text": "but I was and there was this family that"}, {"start": "00:20:59", "end": "00:21:02", "text": "posted this beautiful puppy. He was like"}, {"start": "00:21:01", "end": "00:21:04", "text": "8 weeks old and they were like we don't"}, {"start": "00:21:02", "end": "00:21:06", "text": "want him and it broke my heart and I"}, {"start": "00:21:04", "end": "00:21:08", "text": "wanted to go get him but I traveled too"}, {"start": "00:21:06", "end": "00:21:09", "text": "much and like you know cuz I did two"}, {"start": "00:21:08", "end": "00:21:11", "text": "weeks in Europe. I did two weeks in"}, {"start": "00:21:09", "end": "00:21:13", "text": "Vegas. I just did two I just did a week"}, {"start": "00:21:11", "end": "00:21:15", "text": "in Hong Kong. I would stay another week"}, {"start": "00:21:13", "end": "00:21:17", "text": "if I did have obligations back here. I"}, {"start": "00:21:15", "end": "00:21:20", "text": "don't have any pets and I don't like"}, {"start": "00:21:17", "end": "00:21:21", "text": "cats. I'm not a cat person. Um but I"}, {"start": "00:21:20", "end": "00:21:23", "text": "really love puppies. I really want one."}, {"start": "00:21:21", "end": "00:21:25", "text": "Can't have one right now. And I'm"}, {"start": "00:21:23", "end": "00:21:26", "text": "practicing self-control because I can't"}, {"start": "00:21:25", "end": "00:21:28", "text": "afford puppy daycare."}, {"start": "00:21:26", "end": "00:21:29", "text": ">> That's a pretty good plan. And I will"}, {"start": "00:21:28", "end": "00:21:31", "text": "just say when you ever come down to"}, {"start": "00:21:29", "end": "00:21:34", "text": "Puerto Rico, we'll do one of these. We"}, {"start": "00:21:31", "end": "00:21:36", "text": "we'll go to the uh newly built animal"}, {"start": "00:21:34", "end": "00:21:38", "text": "shelter. We'll do some dog walks on the"}, {"start": "00:21:36", "end": "00:21:40", "text": "beach. There's always volunteers that"}, {"start": "00:21:38", "end": "00:21:43", "text": "come in. Usually it's around 10 to 20 of"}, {"start": "00:21:40", "end": "00:21:45", "text": "us and we just uh get to get these guys"}, {"start": "00:21:43", "end": "00:21:46", "text": "out of the kennel, but uh this and of"}, {"start": "00:21:45", "end": "00:21:48", "text": "course everybody, I know you're sick of"}, {"start": "00:21:46", "end": "00:21:49", "text": "hearing this, but"}, {"start": "00:21:48", "end": "00:21:51", "text": ">> uh as we go through this and we get 10"}, {"start": "00:21:49", "end": "00:21:53", "text": "to 20,000 views or whatever else it is,"}, {"start": "00:21:51", "end": "00:21:56", "text": "if everybody pitches in 20 bucks, we can"}, {"start": "00:21:53", "end": "00:21:58", "text": "hit our goal 200K. We can build up this"}, {"start": "00:21:56", "end": "00:21:59", "text": "new animal shelter. I'll be doing videos"}, {"start": "00:21:58", "end": "00:22:02", "text": "of updates of how we built it and how"}, {"start": "00:21:59", "end": "00:22:04", "text": "we've saved these poor poor poor dogs."}, {"start": "00:22:02", "end": "00:22:06", "text": "And that is it for this one. So, links"}, {"start": "00:22:04", "end": "00:22:09", "text": "in the description for everything,"}, {"start": "00:22:06", "end": "00:22:12", "text": "especially for Randy and her exac"}, {"start": "00:22:09", "end": "00:22:13", "text": "account and YouTube account. So, Randy,"}, {"start": "00:22:12", "end": "00:22:15", "text": "thanks for coming by. I will see you in"}, {"start": "00:22:13", "end": "00:22:18", "text": "Miami."}, {"start": "00:22:15", "end": "00:22:21", "text": ">> Yes. Oh my gosh, Rob. I'm so excited,"}, {"start": "00:22:18", "end": "00:22:23", "text": "guys. ITC conference. Use code 2026 for"}, {"start": "00:22:21", "end": "00:22:25", "text": "your discount. Um, and I'm so I'm so"}, {"start": "00:22:23", "end": "00:22:27", "text": "excited to speak there. Shout out to Ben"}, {"start": "00:22:25", "end": "00:22:29", "text": "Cohen for having me. And, uh, yeah, tune"}, {"start": "00:22:27", "end": "00:22:31", "text": "in to my daily live show Monday through"}, {"start": "00:22:29", "end": "00:22:34", "text": "Thursday. gonna do Monday through Friday"}, {"start": "00:22:31", "end": "00:22:35", "text": "once um things pick up in the fall, but"}, {"start": "00:22:34", "end": "00:22:37", "text": "Monday through Thursday 9:45 a.m."}, {"start": "00:22:35", "end": "00:22:38", "text": "Eastern on YouTube xkick, Twitch,"}, {"start": "00:22:37", "end": "00:22:41", "text": "Rumble, wherever you watch live streams."}, {"start": "00:22:38", "end": "00:22:42", "text": "And my uh handle is Miss Team Crypto or"}, {"start": "00:22:41", "end": "00:22:44", "text": "look up my name Randy Hipper on every"}, {"start": "00:22:42", "end": "00:22:46", "text": "platform. We are expanding. We are"}, {"start": "00:22:44", "end": "00:22:48", "text": "dominating and we will take over the"}, {"start": "00:22:46", "end": "00:22:49", "text": "world and uh do good [music] with it."}, {"start": "00:22:48", "end": "00:22:51", "text": "So, thank you Rob. Thank you for your"}, {"start": "00:22:49", "end": "00:22:52", "text": "quiz. You're doing absolutely amazing."}, {"start": "00:22:51", "end": "00:22:55", "text": "Just know I'm your [music] number one"}, {"start": "00:22:52", "end": "00:22:56", "text": "fan and uh hope you and the family are"}, {"start": "00:22:55", "end": "00:22:58", "text": "well. Sending my love."}, {"start": "00:22:56", "end": "00:23:00", "text": ">> Fantastic. Brandy, thanks so much for"}, {"start": "00:22:58", "end": "00:23:02", "text": "your time. I appreciate it. Let's get"}, {"start": "00:23:00", "end": "00:23:04", "text": "out of here. So everybody again,"}, {"start": "00:23:02", "end": "00:23:06", "text": "donation when you can. If you can,"}, {"start": "00:23:04", "end": "00:23:08", "text": "that'd be great. [music] Now we're going"}, {"start": "00:23:06", "end": "00:23:10", "text": "to uh take a little break. Very short"}, {"start": "00:23:08", "end": "00:23:13", "text": "break as a matter of fact, as I bring in"}, {"start": "00:23:10", "end": "00:23:15", "text": "friend of the show, Jerry Beh Hall. So"}, {"start": "00:23:13", "end": "00:23:19", "text": "let's get this going. Give me a couple"}, {"start": "00:23:15", "end": "00:23:19", "text": "minutes or so. Be right back."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Maybe last week, I forget. But, uh"}, {"start": "00:00:02", "end": "00:00:05", "text": "Blockstream has a side chain called"}, {"start": "00:00:03", "end": "00:00:08", "text": "Liquid, Liquid Network."}, {"start": "00:00:05", "end": "00:00:12", "text": "And it's all Bitcoin based. And hackers"}, {"start": "00:00:08", "end": "00:00:13", "text": "were able to extract uh over 4,000"}, {"start": "00:00:12", "end": "00:00:16", "text": "Bitcoin."}, {"start": "00:00:13", "end": "00:00:19", "text": "They gave 3,400 Bitcoin back, but they"}, {"start": "00:00:16", "end": "00:00:20", "text": "kept 598. And they said, \"Hey, we're"}, {"start": "00:00:19", "end": "00:00:22", "text": "white hat hackers. We're going to give"}, {"start": "00:00:20", "end": "00:00:24", "text": "you 3,400 Bitcoin back.\""}, {"start": "00:00:22", "end": "00:00:26", "text": "And I thought that"}, {"start": "00:00:24", "end": "00:00:27", "text": "Blockstream would be like, \"Sure, we'll"}, {"start": "00:00:26", "end": "00:00:30", "text": "take Thank you.\""}, {"start": "00:00:27", "end": "00:00:32", "text": "But, they said now it comes to light"}, {"start": "00:00:30", "end": "00:00:34", "text": "that Adam Back and Blockstream"}, {"start": "00:00:32", "end": "00:00:35", "text": "are saying, \"You're going to give them"}, {"start": "00:00:34", "end": "00:00:37", "text": "all back."}, {"start": "00:00:35", "end": "00:00:38", "text": "Or we're going to get the authorities"}, {"start": "00:00:37", "end": "00:00:40", "text": "involved, and we're going to make sure"}, {"start": "00:00:38", "end": "00:00:41", "text": "that we find you.\""}, {"start": "00:00:40", "end": "00:00:43", "text": "And I got to I got to commend them for"}, {"start": "00:00:41", "end": "00:00:46", "text": "doing that."}, {"start": "00:00:43", "end": "00:00:48", "text": "For standing up to the hackers."}, {"start": "00:00:46", "end": "00:00:51", "text": "And saying, \"No."}, {"start": "00:00:48", "end": "00:00:51", "text": "We're not going to play this game."}]

[{"start": "00:00:00", "end": "00:00:07", "text": "we have to divide between uh hacks let"}, {"start": "00:00:03", "end": "00:00:10", "text": "me say on on on platforms or directly on"}, {"start": "00:00:07", "end": "00:00:14", "text": "wallets or on the technology and hacks"}, {"start": "00:00:10", "end": "00:00:17", "text": "on defy applications I mean nine out of"}, {"start": "00:00:14", "end": "00:00:18", "text": "or 9.9 out of 10 cases when it comes to"}, {"start": "00:00:17", "end": "00:00:20", "text": "the wonderful world of DeFi"}, {"start": "00:00:18", "end": "00:00:22", "text": "[sighs and gasps] people it's people's"}, {"start": "00:00:20", "end": "00:00:23", "text": "fault that they get hacked you know"}, {"start": "00:00:22", "end": "00:00:27", "text": "because they were going to put their"}, {"start": "00:00:23", "end": "00:00:29", "text": "seat phrase to some other yeah trusted"}, {"start": "00:00:27", "end": "00:00:30", "text": "entities uh they're going to sign a"}, {"start": "00:00:29", "end": "00:00:33", "text": "malicious contract contract. They had a"}, {"start": "00:00:30", "end": "00:00:35", "text": "wallet drain. They act careless with"}, {"start": "00:00:33", "end": "00:00:38", "text": "their datas, you know. Um I don't know"}, {"start": "00:00:35", "end": "00:00:41", "text": "we ever spoke about that, but I use 10"}, {"start": "00:00:38", "end": "00:00:43", "text": "tangent wallets. Nine with funds on it"}, {"start": "00:00:41", "end": "00:00:44", "text": "and one as a burner wallet. So every"}, {"start": "00:00:43", "end": "00:00:47", "text": "time we're going to do something when it"}, {"start": "00:00:44", "end": "00:00:49", "text": "comes to DeFi applications, just use"}, {"start": "00:00:47", "end": "00:00:52", "text": "some uh options to to claim some"}, {"start": "00:00:49", "end": "00:00:54", "text": "airdrops, use my voting rights, um I"}, {"start": "00:00:52", "end": "00:00:56", "text": "don't know, um connect with wallet"}, {"start": "00:00:54", "end": "00:00:58", "text": "connect somewhere. I really don't know."}, {"start": "00:00:56", "end": "00:01:00", "text": "I I I did it the first time. I put some"}, {"start": "00:00:58", "end": "00:01:03", "text": "assets for staking. I just transfer the"}, {"start": "00:01:00", "end": "00:01:05", "text": "assets I need from my huddle wallets to"}, {"start": "00:01:03", "end": "00:01:08", "text": "my burner wallet where just only some"}, {"start": "00:01:05", "end": "00:01:10", "text": "dollars worth in uh gas fees on"}, {"start": "00:01:08", "end": "00:01:13", "text": ">> and then interact with a smart contract."}, {"start": "00:01:10", "end": "00:01:15", "text": "So, and this is something very crucial."}, {"start": "00:01:13", "end": "00:01:17", "text": "I mean, just imagine you have all your"}, {"start": "00:01:15", "end": "00:01:19", "text": "savings, every money you earn, not in"}, {"start": "00:01:17", "end": "00:01:21", "text": "your bank account, in your physical"}, {"start": "00:01:19", "end": "00:01:24", "text": "wallet. Yeah. In in in paper. Yeah. or"}, {"start": "00:01:21", "end": "00:01:27", "text": "on coins and put it into your into your"}, {"start": "00:01:24", "end": "00:01:29", "text": "pocket and just go midnight uh New York"}, {"start": "00:01:27", "end": "00:01:31", "text": "Central"}, {"start": "00:01:29", "end": "00:01:33", "text": "Park. If you get robbed, it's stupid."}, {"start": "00:01:31", "end": "00:01:35", "text": "And this is the same if you have your"}, {"start": "00:01:33", "end": "00:01:37", "text": "huddle wallet with all your XRP, your"}, {"start": "00:01:35", "end": "00:01:39", "text": "Bitcoin, your Ethereum on it and just"}, {"start": "00:01:37", "end": "00:01:40", "text": "use a DeFi application. I mean, you can"}, {"start": "00:01:39", "end": "00:01:42", "text": "get a wallet drain within seconds and"}, {"start": "00:01:40", "end": "00:01:42", "text": "there's nothing you can do anymore,"}, {"start": "00:01:42", "end": "00:01:45", "text": ">> right?"}, {"start": "00:01:42", "end": "00:01:46", "text": ">> So, this is one topic we we really"}, {"start": "00:01:45", "end": "00:01:48", "text": "highly recommend. Just use burner"}, {"start": "00:01:46", "end": "00:01:50", "text": "wallets. It could be a MetaMask, it"}, {"start": "00:01:48", "end": "00:01:52", "text": "could be Exodus wallet, it could be"}, {"start": "00:01:50", "end": "00:01:54", "text": "anything. Uh but we definitely need to"}, {"start": "00:01:52", "end": "00:01:57", "text": "make sure that it's not the wallet where"}, {"start": "00:01:54", "end": "00:02:01", "text": "you have all your savings on. So um we"}, {"start": "00:01:57", "end": "00:02:04", "text": "we as Tandem we also integrated a new"}, {"start": "00:02:01", "end": "00:02:07", "text": "feature a couple of month ago that"}, {"start": "00:02:04", "end": "00:02:10", "text": "checks smart contracts before you sign"}, {"start": "00:02:07", "end": "00:02:11", "text": "it and translate it to a real readable"}, {"start": "00:02:10", "end": "00:02:13", "text": "code. Yeah, we will come to that a"}, {"start": "00:02:11", "end": "00:02:15", "text": "little bit later. Uh so we definitely"}, {"start": "00:02:13", "end": "00:02:17", "text": "need to help our clients to not get"}, {"start": "00:02:15", "end": "00:02:20", "text": "robbed. [laughter]"}, {"start": "00:02:17", "end": "00:02:20", "text": "So yeah, that's very crucial for us"}, {"start": "00:02:20", "end": "00:02:23", "text": "[snorts]"}, {"start": "00:02:20", "end": "00:02:25", "text": ">> and um let's come to the other side. I"}, {"start": "00:02:23", "end": "00:02:28", "text": "mean we couldn't do anything when it"}, {"start": "00:02:25", "end": "00:02:31", "text": "comes to wallet hacks or let me say um"}, {"start": "00:02:28", "end": "00:02:32", "text": "exchange hacks, you know. So for sure we"}, {"start": "00:02:31", "end": "00:02:33", "text": "highly recommend just get your assets"}, {"start": "00:02:32", "end": "00:02:36", "text": "out of the exchange through your"}, {"start": "00:02:33", "end": "00:02:39", "text": "hardware wallet. But let's let's say at"}, {"start": "00:02:36", "end": "00:02:44", "text": "the cold card case what is pretty pretty"}, {"start": "00:02:39", "end": "00:02:47", "text": "pretty sad. That was also an issue"}, {"start": "00:02:44", "end": "00:02:50", "text": "created by humans and I totally hate"}, {"start": "00:02:47", "end": "00:02:53", "text": "that you know because if they had put"}, {"start": "00:02:50", "end": "00:02:55", "text": "their code completely open source I mean"}, {"start": "00:02:53", "end": "00:02:57", "text": "you could download it you can get it if"}, {"start": "00:02:55", "end": "00:03:00", "text": "you apply for it and say hey can I have"}, {"start": "00:02:57", "end": "00:03:02", "text": "it because I want to work with it um but"}, {"start": "00:03:00", "end": "00:03:05", "text": "if it is open source like it have to be"}, {"start": "00:03:02", "end": "00:03:07", "text": "like tandem is uh the community can take"}, {"start": "00:03:05", "end": "00:03:09", "text": "a look into it they can check it and I"}, {"start": "00:03:07", "end": "00:03:11", "text": "mean we also have a back bounty program"}, {"start": "00:03:09", "end": "00:03:13", "text": "we also have a white hat hacker program"}, {"start": "00:03:11", "end": "00:03:15", "text": "where we"}, {"start": "00:03:13", "end": "00:03:19", "text": ">> um pay the community, we pay white hat"}, {"start": "00:03:15", "end": "00:03:23", "text": "hackers to check our code and we really"}, {"start": "00:03:19", "end": "00:03:24", "text": "do this because we know I mean"}, {"start": "00:03:23", "end": "00:03:27", "text": "you can you can check as much as you"}, {"start": "00:03:24", "end": "00:03:28", "text": "want but in the end you're human and if"}, {"start": "00:03:27", "end": "00:03:31", "text": "you put a second pair of eyes to it it's"}, {"start": "00:03:28", "end": "00:03:35", "text": "good but if you put 500 other pairs of"}, {"start": "00:03:31", "end": "00:03:37", "text": "eyes on the code it is just the best. So"}, {"start": "00:03:35", "end": "00:03:39", "text": "um let me end that a little bit with the"}, {"start": "00:03:37", "end": "00:03:42", "text": "difference what what what separates"}, {"start": "00:03:39", "end": "00:03:43", "text": "Tandem from every other hardware wallet."}, {"start": "00:03:42", "end": "00:03:46", "text": ">> Okay."}, {"start": "00:03:43", "end": "00:03:48", "text": ">> Um so I mean everybody knows if you"}, {"start": "00:03:46", "end": "00:03:49", "text": "create your Tandem your hardware wallet"}, {"start": "00:03:48", "end": "00:03:52", "text": "your Tangum wallet the very first time"}, {"start": "00:03:49", "end": "00:03:53", "text": "and sign it up set it up you have two"}, {"start": "00:03:52", "end": "00:03:56", "text": "options. You can create your wallet. So"}, {"start": "00:03:53", "end": "00:03:59", "text": "it starts with a seatless version. So"}, {"start": "00:03:56", "end": "00:04:03", "text": "what happens is the microprocessor on"}, {"start": "00:03:59", "end": "00:04:07", "text": "the card directly uh creates the private"}, {"start": "00:04:03", "end": "00:04:10", "text": "key without the private key is leaving"}, {"start": "00:04:07", "end": "00:04:12", "text": "um from the card to the phone. So there"}, {"start": "00:04:10", "end": "00:04:15", "text": "is never ever anything in the readable"}, {"start": "00:04:12", "end": "00:04:18", "text": "performat that all is created in the"}, {"start": "00:04:15", "end": "00:04:21", "text": "very highest anthropy by the processor"}, {"start": "00:04:18", "end": "00:04:24", "text": "by its own. So there is nothing that I"}, {"start": "00:04:21", "end": "00:04:28", "text": "mean what could hack that right now you"}, {"start": "00:04:24", "end": "00:04:31", "text": "know. So um so we have a 256"}, {"start": "00:04:28", "end": "00:04:33", "text": "65 56 uh bit encryption with that. So"}, {"start": "00:04:31", "end": "00:04:36", "text": "what's again what I said the highest"}, {"start": "00:04:33", "end": "00:04:38", "text": "entropy level what we can get. Um but if"}, {"start": "00:04:36", "end": "00:04:40", "text": "you choose and say hey you know what I"}, {"start": "00:04:38", "end": "00:04:43", "text": "would love to have my seat phrases"}, {"start": "00:04:40", "end": "00:04:44", "text": "because I was told so during the last 17"}, {"start": "00:04:43", "end": "00:04:46", "text": "years and I need that because I want to"}, {"start": "00:04:44", "end": "00:04:48", "text": "write it down or feel better about it."}, {"start": "00:04:46", "end": "00:04:51", "text": "Hey it's good. You can do that. And"}, {"start": "00:04:48", "end": "00:04:54", "text": "there are two additional ways. You can"}, {"start": "00:04:51", "end": "00:04:59", "text": "put in your own seat phrase at best with"}, {"start": "00:04:54", "end": "00:05:03", "text": "24 words plus the passphrase. So an"}, {"start": "00:04:59", "end": "00:05:05", "text": "additional layer uh what creates I would"}, {"start": "00:05:03", "end": "00:05:08", "text": "say the much highest entrothy in the"}, {"start": "00:05:05", "end": "00:05:10", "text": "world. So therefore make sure um that"}, {"start": "00:05:08", "end": "00:05:12", "text": "you definitely put your passphrase in"}, {"start": "00:05:10", "end": "00:05:13", "text": "it. Uh it doesn't matter how long it is."}, {"start": "00:05:12", "end": "00:05:15", "text": "So I mean this is nothing that someone"}, {"start": "00:05:13", "end": "00:05:18", "text": "can re-engineer even when it comes to"}, {"start": "00:05:15", "end": "00:05:19", "text": "quantum quantum computer hacks or let me"}, {"start": "00:05:18", "end": "00:05:24", "text": "say re-engineering,"}, {"start": "00:05:19", "end": "00:05:27", "text": ">> right? Um, or you can let the Tandem app"}, {"start": "00:05:24", "end": "00:05:28", "text": "create your seat phrase. So, and that is"}, {"start": "00:05:27", "end": "00:05:30", "text": "sometimes a little bit odd when when I"}, {"start": "00:05:28", "end": "00:05:32", "text": "talk to people because they say, \"Okay,"}, {"start": "00:05:30", "end": "00:05:35", "text": "you really want your phone to create"}, {"start": "00:05:32", "end": "00:05:38", "text": "your seat phrase and know it?\" Yes. So,"}, {"start": "00:05:35", "end": "00:05:40", "text": "here are two facts. The Tandem app is a"}, {"start": "00:05:38", "end": "00:05:42", "text": "complete island. It doesn't ask for"}, {"start": "00:05:40", "end": "00:05:45", "text": "anything in your phone. It doesn't want"}, {"start": "00:05:42", "end": "00:05:47", "text": "to give anything out there. So, and this"}, {"start": "00:05:45", "end": "00:05:49", "text": "is something very special. I mean I can"}, {"start": "00:05:47", "end": "00:05:51", "text": "go much deeper into that into the rabbit"}, {"start": "00:05:49", "end": "00:05:55", "text": "hole but we had made a lot of articles"}, {"start": "00:05:51", "end": "00:05:57", "text": "because especially for that um and when"}, {"start": "00:05:55", "end": "00:05:59", "text": "it comes to creating the seat phrase"}, {"start": "00:05:57", "end": "00:06:01", "text": "highly recommend definitely 24 seat"}, {"start": "00:05:59", "end": "00:06:04", "text": "phrase it doesn't come from a"}, {"start": "00:06:01", "end": "00:06:10", "text": "pre-fabricated list what is pretty"}, {"start": "00:06:04", "end": "00:06:12", "text": "interesting um the app is uses the um"}, {"start": "00:06:10", "end": "00:06:14", "text": "noise from the processor in your"}, {"start": "00:06:12", "end": "00:06:16", "text": "smartphone"}, {"start": "00:06:14", "end": "00:06:18", "text": ">> to create the highest level of empathy."}, {"start": "00:06:16", "end": "00:06:20", "text": "I hope I spell it correctly. You guys"}, {"start": "00:06:18", "end": "00:06:22", "text": "know what I mean. You guys may recognize"}, {"start": "00:06:20", "end": "00:06:25", "text": "that I'm German. I'm not native to"}, {"start": "00:06:22", "end": "00:06:28", "text": "speaker. Sorry for that. Uh so um we we"}, {"start": "00:06:25", "end": "00:06:30", "text": "we definitely use that as one of the"}, {"start": "00:06:28", "end": "00:06:32", "text": "parts to create the highest entropy in"}, {"start": "00:06:30", "end": "00:06:37", "text": "the in in in in that process um to"}, {"start": "00:06:32", "end": "00:06:39", "text": "create also the uh 265 bit encryption uh"}, {"start": "00:06:37", "end": "00:06:40", "text": "to get again the highest entropy. So"}, {"start": "00:06:39", "end": "00:06:45", "text": "therefore nothing can happen there"}, {"start": "00:06:40", "end": "00:06:49", "text": "either. Again, it is it is all um broken"}, {"start": "00:06:45", "end": "00:06:50", "text": "down to the user. If you write down your"}, {"start": "00:06:49", "end": "00:06:54", "text": "seat phrase in a in a spot where"}, {"start": "00:06:50", "end": "00:06:56", "text": "somebody can find it. Um if you may only"}, {"start": "00:06:54", "end": "00:06:59", "text": "use 12 words, it's still safe. Don't"}, {"start": "00:06:56", "end": "00:07:01", "text": "worry, it's the highest level as well."}, {"start": "00:06:59", "end": "00:07:02", "text": "But 24 words plus phrases all the time"}, {"start": "00:07:01", "end": "00:07:05", "text": "the very best. This is something we"}, {"start": "00:07:02", "end": "00:07:07", "text": "highly recommend. Uh so yeah,"}, {"start": "00:07:05", "end": "00:07:08", "text": ">> that is a good one. And you know, it's"}, {"start": "00:07:07", "end": "00:07:10", "text": "one of those things where I mean a past"}, {"start": "00:07:08", "end": "00:07:12", "text": "phrase is great. The 25th word is"}, {"start": "00:07:10", "end": "00:07:13", "text": "whatever you guys want to make it. And"}, {"start": "00:07:12", "end": "00:07:15", "text": "you can do past phrases. You can use the"}, {"start": "00:07:13", "end": "00:07:17", "text": "pneummonic phrase. You can generate"}, {"start": "00:07:15", "end": "00:07:19", "text": "those 24 words. But I gotta be honest"}, {"start": "00:07:17", "end": "00:07:23", "text": "with you and everybody here. I don't use"}, {"start": "00:07:19", "end": "00:07:26", "text": "those for tangent. I actually what I do"}, {"start": "00:07:23", "end": "00:07:27", "text": "is as it sets up, I don't actually"}, {"start": "00:07:26", "end": "00:07:30", "text": "record anything. I don't write down"}, {"start": "00:07:27", "end": "00:07:32", "text": "anything. I move around a lot. I'm"}, {"start": "00:07:30", "end": "00:07:34", "text": "always paranoid. And so far, what has"}, {"start": "00:07:32", "end": "00:07:37", "text": "worked for me really well, even with the"}, {"start": "00:07:34", "end": "00:07:39", "text": "new cards that we just set up for the"}, {"start": "00:07:37", "end": "00:07:42", "text": "animal shelter, which was you're just"}, {"start": "00:07:39", "end": "00:07:45", "text": "going to essentially what we saw in this"}, {"start": "00:07:42", "end": "00:07:47", "text": "little uh name that first of all, shout"}, {"start": "00:07:45", "end": "00:07:50", "text": "out to Big Pay for the 5K. I appreciate"}, {"start": "00:07:47", "end": "00:07:51", "text": "you, buddy. But when we're doing this"}, {"start": "00:07:50", "end": "00:07:53", "text": "and we're and we're scanning these"}, {"start": "00:07:51", "end": "00:07:55", "text": "cards, it just makes things so easier"}, {"start": "00:07:53", "end": "00:07:57", "text": "and everything is within the card. And"}, {"start": "00:07:55", "end": "00:07:59", "text": "then people would say, \"But Rob, what"}, {"start": "00:07:57", "end": "00:08:00", "text": "happens when someone steals your phone?"}, {"start": "00:07:59", "end": "00:08:02", "text": "You're screwed.\" No, no, no. doesn't"}, {"start": "00:08:00", "end": "00:08:04", "text": "work like that. First of all, if my"}, {"start": "00:08:02", "end": "00:08:07", "text": "phone gets taken, which it has in the"}, {"start": "00:08:04", "end": "00:08:10", "text": "past and first of all, they need a"}, {"start": "00:08:07", "end": "00:08:12", "text": "physical card. So, okay, let's say like"}, {"start": "00:08:10", "end": "00:08:14", "text": "this. Well, Rob, you're not that smart."}, {"start": "00:08:12", "end": "00:08:16", "text": "Which is true. You're not that smart and"}, {"start": "00:08:14", "end": "00:08:18", "text": "you kept your your tangent card with"}, {"start": "00:08:16", "end": "00:08:20", "text": "your phone and now they're going to have"}, {"start": "00:08:18", "end": "00:08:22", "text": "access. No, they still won't have access"}, {"start": "00:08:20", "end": "00:08:24", "text": "because once they tap that card, they"}, {"start": "00:08:22", "end": "00:08:26", "text": "need a pin code to to get through. And"}, {"start": "00:08:24", "end": "00:08:27", "text": "they say, \"Well, okay. Well, how the"}, {"start": "00:08:26", "end": "00:08:29", "text": "heck is this? What if I what if I lose"}, {"start": "00:08:27", "end": "00:08:31", "text": "the pin code? I forget.\" Well, great"}, {"start": "00:08:29", "end": "00:08:33", "text": "news. you have to have two cards and if"}, {"start": "00:08:31", "end": "00:08:35", "text": "you have two cards you can reset your"}, {"start": "00:08:33", "end": "00:08:38", "text": "pin code and everything works out pretty"}, {"start": "00:08:35", "end": "00:08:40", "text": "well. So for me and like you know we"}, {"start": "00:08:38", "end": "00:08:42", "text": "just kind of you know went down that"}, {"start": "00:08:40", "end": "00:08:46", "text": "little rabbit hole but David talked"}, {"start": "00:08:42", "end": "00:08:49", "text": "about you know to connecting your Tangum"}, {"start": "00:08:46", "end": "00:08:52", "text": "wallet to say a DEX or some other type"}, {"start": "00:08:49", "end": "00:08:55", "text": "of wallet. There are different types of"}, {"start": "00:08:52", "end": "00:08:57", "text": "wallets out there. I treat Tang like the"}, {"start": "00:08:55", "end": "00:09:00", "text": "essentially Fort Knox set it is but"}, {"start": "00:08:57", "end": "00:09:02", "text": "other people will buy two sets of Tang"}, {"start": "00:09:00", "end": "00:09:04", "text": "and one set is what they use to pay for"}, {"start": "00:09:02", "end": "00:09:06", "text": "things and they just scan things and go"}, {"start": "00:09:04", "end": "00:09:07", "text": "and off it goes and that's what Tandem"}, {"start": "00:09:06", "end": "00:09:09", "text": "actually has. You can actually pay for"}, {"start": "00:09:07", "end": "00:09:12", "text": "things and the other part is the Fort"}, {"start": "00:09:09", "end": "00:09:16", "text": "Knox part. So again, I wouldn't keep my"}, {"start": "00:09:12", "end": "00:09:18", "text": "entire life savings uh into crypto and"}, {"start": "00:09:16", "end": "00:09:20", "text": "then be walking around with it. I would"}, {"start": "00:09:18", "end": "00:09:22", "text": "actually have two different types of"}, {"start": "00:09:20", "end": "00:09:24", "text": "cards. So David, uh, you know, if you"}, {"start": "00:09:22", "end": "00:09:26", "text": "could expand on that. What did I miss?"}, {"start": "00:09:24", "end": "00:09:27", "text": ">> Oh, you don't I don't think you miss"}, {"start": "00:09:26", "end": "00:09:29", "text": "something. I think you perfectly"}, {"start": "00:09:27", "end": "00:09:32", "text": "explained it very well. So I mean, I'm"}, {"start": "00:09:29", "end": "00:09:35", "text": "I'm all the time 100% stunned when I"}, {"start": "00:09:32", "end": "00:09:37", "text": "explore new things with Tang. So I don't"}, {"start": "00:09:35", "end": "00:09:40", "text": "know if I ever told that. Uh, if I did"}, {"start": "00:09:37", "end": "00:09:43", "text": "so, please correct me. Um, I came to a"}, {"start": "00:09:40", "end": "00:09:45", "text": "point where I told my wife, \"Honey, what"}, {"start": "00:09:43", "end": "00:09:48", "text": "what happened if I die tomorrow?\" And"}, {"start": "00:09:45", "end": "00:09:49", "text": "she said, \"Yeah, we'll all be sad, but"}, {"start": "00:09:48", "end": "00:09:51", "text": "we probably don't get to the crypto.\" I"}, {"start": "00:09:49", "end": "00:09:54", "text": "said, \"Yeah, you're right. So, you know"}, {"start": "00:09:51", "end": "00:09:56", "text": "what? Let me sign up to my let me sign"}, {"start": "00:09:54", "end": "00:09:57", "text": "up your face ID to my phone.\" I mean, I"}, {"start": "00:09:56", "end": "00:09:59", "text": "still don't know if that was still a"}, {"start": "00:09:57", "end": "00:10:00", "text": "good idea that my wife can check on my"}, {"start": "00:09:59", "end": "00:10:02", "text": "phone right now. I mean, I got"}, {"start": "00:10:00", "end": "00:10:04", "text": "theoretically nothing to hide, but So,"}, {"start": "00:10:02", "end": "00:10:06", "text": "um, and I started with her. I say,"}, {"start": "00:10:04", "end": "00:10:09", "text": "\"What? You know, you know what? Look,"}, {"start": "00:10:06", "end": "00:10:10", "text": "look for the Tandem app and open it. I"}, {"start": "00:10:09", "end": "00:10:13", "text": "have my biometrics all the time online"}, {"start": "00:10:10", "end": "00:10:16", "text": "with my iPhone.\" And, uh, she opened the"}, {"start": "00:10:13", "end": "00:10:17", "text": "Tandem app and I want to scan your face."}, {"start": "00:10:16", "end": "00:10:20", "text": "Typically, when I scan my face,"}, {"start": "00:10:17", "end": "00:10:22", "text": "perfectly fine. He's opening up my my my"}, {"start": "00:10:20", "end": "00:10:26", "text": "wallet. So like you can see it maybe"}, {"start": "00:10:22", "end": "00:10:29", "text": "here. So let me let me So when I when"}, {"start": "00:10:26", "end": "00:10:30", "text": "when I open my phone um I going to go to"}, {"start": "00:10:29", "end": "00:10:32", "text": "my Tangent app and I open it up and"}, {"start": "00:10:30", "end": "00:10:33", "text": "everything opens up. So this is by the"}, {"start": "00:10:32", "end": "00:10:35", "text": "way my burner wallet. You can see I only"}, {"start": "00:10:33", "end": "00:10:37", "text": "got a couple of bucks on it and if I"}, {"start": "00:10:35", "end": "00:10:40", "text": "scroll to the next one. So I mean this"}, {"start": "00:10:37", "end": "00:10:42", "text": "is only one phone. I I have two phones."}, {"start": "00:10:40", "end": "00:10:43", "text": "This is my regular wallets with you"}, {"start": "00:10:42", "end": "00:10:45", "text": "assets of my kills on it. You know it's"}, {"start": "00:10:43", "end": "00:10:50", "text": "just just just some of my tangent"}, {"start": "00:10:45", "end": "00:10:53", "text": "wallets. Anyway, so if I gonna switch um"}, {"start": "00:10:50", "end": "00:10:56", "text": "once once I added her face, it won't let"}, {"start": "00:10:53", "end": "00:10:59", "text": "open the Tandem app without Tandem"}, {"start": "00:10:56", "end": "00:11:02", "text": "notifying, hey, there is a new face, a"}, {"start": "00:10:59", "end": "00:11:06", "text": "new ID uh put to your phone. Please scan"}, {"start": "00:11:02", "end": "00:11:09", "text": "every single card what you got on the"}, {"start": "00:11:06", "end": "00:11:11", "text": "phone plus put in the PIN because then"}, {"start": "00:11:09", "end": "00:11:13", "text": "we still know you're the owner."}, {"start": "00:11:11", "end": "00:11:14", "text": ">> And that was something I said, \"Okay,"}, {"start": "00:11:13", "end": "00:11:16", "text": "guys, you really did it to the next"}, {"start": "00:11:14", "end": "00:11:18", "text": "level.\" So even if someone steals your"}, {"start": "00:11:16", "end": "00:11:20", "text": "phone, social engineer it in that way"}, {"start": "00:11:18", "end": "00:11:23", "text": "that he can open it up, put a new face"}, {"start": "00:11:20", "end": "00:11:25", "text": "to it, tangent knows, hey, please be"}, {"start": "00:11:23", "end": "00:11:28", "text": "careful. And this is something that"}, {"start": "00:11:25", "end": "00:11:29", "text": "totally stuns me. Um, and I I I think I"}, {"start": "00:11:28", "end": "00:11:30", "text": "think you can start a tandem, you know."}, {"start": "00:11:29", "end": "00:11:32", "text": "I mean, you know all this stuff and"}, {"start": "00:11:30", "end": "00:11:33", "text": "explain it perfectly fine. It doesn't"}, {"start": "00:11:32", "end": "00:11:34", "text": "matter if you lose the phone, doesn't"}, {"start": "00:11:33", "end": "00:11:36", "text": "matter if you lose one card, it doesn't"}, {"start": "00:11:34", "end": "00:11:38", "text": "matter if you lose one card and the"}, {"start": "00:11:36", "end": "00:11:39", "text": "phone together. They will never ever get"}, {"start": "00:11:38", "end": "00:11:41", "text": "access to it. And even if they can break"}, {"start": "00:11:39", "end": "00:11:43", "text": "in, they will recognize it and they ask"}, {"start": "00:11:41", "end": "00:11:46", "text": "for the PIN. So, and if the PIN is at"}, {"start": "00:11:43", "end": "00:11:48", "text": "least eight digit uh long, there is no"}, {"start": "00:11:46", "end": "00:11:51", "text": "way uh you can brute force this. So,"}, {"start": "00:11:48", "end": "00:11:54", "text": "there's also another topic. Um if you"}, {"start": "00:11:51", "end": "00:11:57", "text": "put in the um if you try to brute force"}, {"start": "00:11:54", "end": "00:11:59", "text": "the PIN what you set up during the setup"}, {"start": "00:11:57", "end": "00:12:03", "text": "process with your with your wallet uh"}, {"start": "00:11:59", "end": "00:12:07", "text": "after the fourth wrong interaction, it"}, {"start": "00:12:03", "end": "00:12:09", "text": "increases the time between uh entering"}, {"start": "00:12:07", "end": "00:12:10", "text": "in the PIN. So at least you're going to"}, {"start": "00:12:09", "end": "00:12:13", "text": "come in to I don't know 5 minutes or 10"}, {"start": "00:12:10", "end": "00:12:15", "text": "minutes or half an hour. So there there"}, {"start": "00:12:13", "end": "00:12:17", "text": "is no way you can brute force it."}, {"start": "00:12:15", "end": "00:12:18", "text": ">> That's a good I never thought of that"}, {"start": "00:12:17", "end": "00:12:20", "text": "because like we hear about brute force"}, {"start": "00:12:18", "end": "00:12:22", "text": "and they can just go and go and go and"}, {"start": "00:12:20", "end": "00:12:24", "text": "go and especially with AI and quantum"}, {"start": "00:12:22", "end": "00:12:28", "text": "computing that is true. But if you can"}, {"start": "00:12:24", "end": "00:12:31", "text": "do that where you you force a shutdown"}, {"start": "00:12:28", "end": "00:12:33", "text": "of an expansion of time between brute"}, {"start": "00:12:31", "end": "00:12:35", "text": "force attempts I think that would be"}, {"start": "00:12:33", "end": "00:12:36", "text": "that's pretty great. And then of course"}, {"start": "00:12:35", "end": "00:12:38", "text": "screw up."}, {"start": "00:12:36", "end": "00:12:40", "text": ">> Yeah. Hey, let me let me add something"}, {"start": "00:12:38", "end": "00:12:44", "text": "to that. Um, we had a we have a really"}, {"start": "00:12:40", "end": "00:12:45", "text": "really good competitor. Uh, well, I"}, {"start": "00:12:44", "end": "00:12:47", "text": "mean, you you named the name already. I"}, {"start": "00:12:45", "end": "00:12:48", "text": "don't want to talk about bad about them."}, {"start": "00:12:47", "end": "00:12:48", "text": "They came from France."}, {"start": "00:12:48", "end": "00:12:51", "text": ">> Yeah, sure."}, {"start": "00:12:48", "end": "00:12:53", "text": ">> And, um, they they really invested a lot"}, {"start": "00:12:51", "end": "00:12:55", "text": "of time and effort and money, really a"}, {"start": "00:12:53", "end": "00:12:59", "text": "lot of money to try to hack the Tandem"}, {"start": "00:12:55", "end": "00:13:01", "text": "wallet. And they started back last year"}, {"start": "00:12:59", "end": "00:13:04", "text": "uh with even that brute force attack"}, {"start": "00:13:01", "end": "00:13:07", "text": "where they just uh opened up a card and"}, {"start": "00:13:04", "end": "00:13:09", "text": "um tried to manipulate the processor"}, {"start": "00:13:07", "end": "00:13:11", "text": "with giving power to it and release it"}, {"start": "00:13:09", "end": "00:13:15", "text": "at the right time to shut down the brute"}, {"start": "00:13:11", "end": "00:13:16", "text": "force attack time. So they made it but"}, {"start": "00:13:15", "end": "00:13:20", "text": "the interesting fact what they never"}, {"start": "00:13:16", "end": "00:13:23", "text": "told is the internal memory of our"}, {"start": "00:13:20", "end": "00:13:26", "text": "microprocessor is let me say programmed"}, {"start": "00:13:23", "end": "00:13:29", "text": "as a yeah as a control door. If you"}, {"start": "00:13:26", "end": "00:13:30", "text": "overpower it what pretty quick happens"}, {"start": "00:13:29", "end": "00:13:33", "text": "after the third or fourth time if you"}, {"start": "00:13:30", "end": "00:13:36", "text": "give power to it and back in a really"}, {"start": "00:13:33", "end": "00:13:38", "text": "not precise way it totally roasts the"}, {"start": "00:13:36", "end": "00:13:41", "text": "processor and nothing ever can happen."}, {"start": "00:13:38", "end": "00:13:44", "text": "So I mean they never told that they"}, {"start": "00:13:41", "end": "00:13:46", "text": "extracted assets because they never"}, {"start": "00:13:44", "end": "00:13:49", "text": "could they never did uh but they made a"}, {"start": "00:13:46", "end": "00:13:51", "text": "proof of concept what what's worth I"}, {"start": "00:13:49", "end": "00:13:52", "text": "mean they also have had two month ago I"}, {"start": "00:13:51", "end": "00:13:56", "text": "think another case where they tried to"}, {"start": "00:13:52", "end": "00:13:57", "text": "do with the laser injection procedure uh"}, {"start": "00:13:56", "end": "00:14:01", "text": "just erroring the processor at the right"}, {"start": "00:13:57", "end": "00:14:04", "text": "time with $250,000 worth of equipment"}, {"start": "00:14:01", "end": "00:14:05", "text": "and I think at least seven cards they"}, {"start": "00:14:04", "end": "00:14:07", "text": "totally opened up and messed up until"}, {"start": "00:14:05", "end": "00:14:08", "text": "they came to a point where they could"}, {"start": "00:14:07", "end": "00:14:09", "text": "manipulate one. I mean, long story"}, {"start": "00:14:08", "end": "00:14:11", "text": "short,"}, {"start": "00:14:09", "end": "00:14:13", "text": ">> they invested a lot of time to help us"}, {"start": "00:14:11", "end": "00:14:16", "text": "to make our product better. And I mean,"}, {"start": "00:14:13", "end": "00:14:18", "text": "if if you need a laboratory with skilled"}, {"start": "00:14:16", "end": "00:14:20", "text": "employees, what cost at least, I don't"}, {"start": "00:14:18", "end": "00:14:22", "text": "know, half million every year plus"}, {"start": "00:14:20", "end": "00:14:24", "text": "equipment worth of quarter million of a"}, {"start": "00:14:22", "end": "00:14:25", "text": "year. I mean,"}, {"start": "00:14:24", "end": "00:14:27", "text": "what [laughter and snorts] are we"}, {"start": "00:14:25", "end": "00:14:29", "text": "talking about? You know, it's good. We"}, {"start": "00:14:27", "end": "00:14:31", "text": "learned from it. Thank you for that. Uh,"}, {"start": "00:14:29", "end": "00:14:34", "text": "but I mean, there is no real danger."}, {"start": "00:14:31", "end": "00:14:36", "text": ">> Yeah, exactly. I um I I saw those"}, {"start": "00:14:34", "end": "00:14:39", "text": "reports and I saw the posts and I was"}, {"start": "00:14:36", "end": "00:14:40", "text": "like and actually someone had had"}, {"start": "00:14:39", "end": "00:14:42", "text": "printed this up in a live stream and I"}, {"start": "00:14:40", "end": "00:14:44", "text": "said like I said, \"Let me take a look"}, {"start": "00:14:42", "end": "00:14:46", "text": "real quick.\" And I I took a look and I"}, {"start": "00:14:44", "end": "00:14:48", "text": "scanned it. I go, \"You're telling me"}, {"start": "00:14:46", "end": "00:14:49", "text": "that I'm going to have to have the"}, {"start": "00:14:48", "end": "00:14:52", "text": "physical cards, all of them, and I'm"}, {"start": "00:14:49", "end": "00:14:54", "text": "going to have to have $250,000 worth of"}, {"start": "00:14:52", "end": "00:14:55", "text": "equipment to actually break into there,"}, {"start": "00:14:54", "end": "00:14:56", "text": "and I need to know what I'm doing, and I"}, {"start": "00:14:55", "end": "00:14:59", "text": "need to have access to all those"}, {"start": "00:14:56", "end": "00:15:03", "text": "things.\" It could happen. it I mean I"}, {"start": "00:14:59", "end": "00:15:06", "text": "mean it could happen but uh I don't see"}, {"start": "00:15:03", "end": "00:15:08", "text": "it happening anytime soon but hey this"}, {"start": "00:15:06", "end": "00:15:11", "text": "is why we talk about diversification"}, {"start": "00:15:08", "end": "00:15:13", "text": "right we diversify our portfolio we"}, {"start": "00:15:11", "end": "00:15:16", "text": "diversify a little bit of our storage"}, {"start": "00:15:13", "end": "00:15:18", "text": "capacity and we spread things around and"}, {"start": "00:15:16", "end": "00:15:19", "text": "it's all about"}, {"start": "00:15:18", "end": "00:15:21", "text": "I hate to say this but it's all about"}, {"start": "00:15:19", "end": "00:15:24", "text": "being paranoid a little bit only the"}, {"start": "00:15:21", "end": "00:15:26", "text": "paranoid will survive so if you're out"}, {"start": "00:15:24", "end": "00:15:27", "text": "there and you've got a big chunk of it I"}, {"start": "00:15:26", "end": "00:15:31", "text": "would"}, {"start": "00:15:27", "end": "00:15:32", "text": "say why not move things around a little"}, {"start": "00:15:31", "end": "00:15:33", "text": "bit. And there'll be a link in the"}, {"start": "00:15:32", "end": "00:15:35", "text": "description. You can get a you can get a"}, {"start": "00:15:33", "end": "00:15:37", "text": "discount for for Tangent. But again,"}, {"start": "00:15:35", "end": "00:15:39", "text": "it's what I use. It's what I use for my"}, {"start": "00:15:37", "end": "00:15:42", "text": "personal crypto. It's what we're using"}, {"start": "00:15:39", "end": "00:15:45", "text": "today for this uh charity event. So,"}, {"start": "00:15:42", "end": "00:15:47", "text": "hopefully that'll spread some shed some"}, {"start": "00:15:45", "end": "00:15:50", "text": "light on on things that are going on."}, {"start": "00:15:47", "end": "00:15:51", "text": "So, David, well said. I appreciate it."}, {"start": "00:15:50", "end": "00:15:55", "text": "And make sure that you're definitely"}, {"start": "00:15:51", "end": "00:15:59", "text": "going to use Rob's code plus uh Boom MX"}, {"start": "00:15:55", "end": "00:16:01", "text": "Boom X26 plus additional 10% plus free"}, {"start": "00:15:59", "end": "00:16:03", "text": "ship and you get free shipping no matter"}, {"start": "00:16:01", "end": "00:16:05", "text": "what wallet you're going to use. I mean"}, {"start": "00:16:03", "end": "00:16:07", "text": "you have three codes what is absolutely"}, {"start": "00:16:05", "end": "00:16:09", "text": "phenomenal and you get a I think you get"}, {"start": "00:16:07", "end": "00:16:12", "text": "a tandem wallet three card set. I highly"}, {"start": "00:16:09", "end": "00:16:15", "text": "recommend the three card set for $55"}, {"start": "00:16:12", "end": "00:16:19", "text": "plus taxes and that's all. uh plus a $10"}, {"start": "00:16:15", "end": "00:16:21", "text": "Bitcoin bonus. Even if Bitcoin is uh"}, {"start": "00:16:19", "end": "00:16:24", "text": "making 5x, you have paid off the wallet"}, {"start": "00:16:21", "end": "00:16:25", "text": "by your own. And I mean long term, we"}, {"start": "00:16:24", "end": "00:16:29", "text": "don't talk about pricing at Bitcoin, but"}, {"start": "00:16:25", "end": "00:16:32", "text": "we know where the journey ends, is it?"}, {"start": "00:16:29", "end": "00:16:34", "text": ">> That's it. You know what? Let me uh now"}, {"start": "00:16:32", "end": "00:16:36", "text": "that you I did not know about those"}, {"start": "00:16:34", "end": "00:16:40", "text": "codes until you"}, {"start": "00:16:36", "end": "00:16:42", "text": ">> This is fantastic. Okay, let's"}, {"start": "00:16:40", "end": "00:16:43", "text": ">> Well, come with me, David. Come with me"}, {"start": "00:16:42", "end": "00:16:46", "text": "as as we go into the back end of the"}, {"start": "00:16:43", "end": "00:16:48", "text": "description and we put this stuff in."}, {"start": "00:16:46", "end": "00:16:50", "text": "So,"}, {"start": "00:16:48", "end": "00:16:52", "text": ">> let me put this in. There's all my"}, {"start": "00:16:50", "end": "00:16:53", "text": "stuff. What was that code? No shipping."}, {"start": "00:16:52", "end": "00:16:54", "text": "Free shipping."}, {"start": "00:16:53", "end": "00:16:57", "text": ">> Give me Yeah, give me give me just a"}, {"start": "00:16:54", "end": "00:16:58", "text": "second. You know what? Let me let me let"}, {"start": "00:16:57", "end": "00:17:03", "text": "me send that over to you."}, {"start": "00:16:58", "end": "00:17:05", "text": ">> Um, and I'm going to give you"}, {"start": "00:17:03", "end": "00:17:06", "text": ">> I'm going to put that in the uh"}, {"start": "00:17:05", "end": "00:17:10", "text": ">> Yeah, I'm going to do that. This is This"}, {"start": "00:17:06", "end": "00:17:12", "text": "is what you have to add behind Dan."}, {"start": "00:17:10", "end": "00:17:14", "text": ">> Ship. Oh, ship zero."}, {"start": "00:17:12", "end": "00:17:17", "text": ">> Yeah, ship zero. I don't know why they"}, {"start": "00:17:14", "end": "00:17:18", "text": "make it that hard, but it is what it is."}, {"start": "00:17:17", "end": "00:17:19", "text": ">> It is what it is. Does it look like"}, {"start": "00:17:18", "end": "00:17:21", "text": "this? Can you see that?"}, {"start": "00:17:19", "end": "00:17:24", "text": ">> Yeah. Know, you you can you can put it"}, {"start": "00:17:21", "end": "00:17:26", "text": "behind behind uh equals Dan and then end"}, {"start": "00:17:24", "end": "00:17:28", "text": "promo code. So, this is so this is then"}, {"start": "00:17:26", "end": "00:17:30", "text": "one link, you know."}, {"start": "00:17:28", "end": "00:17:32", "text": ">> Oh, I see. I see. So, right here where"}, {"start": "00:17:30", "end": "00:17:34", "text": "it says promo code"}, {"start": "00:17:32", "end": "00:17:37", "text": ">> behind there. Correct. And then the"}, {"start": "00:17:34", "end": "00:17:39", "text": "promo code equals Dan. Do I have to put"}, {"start": "00:17:37", "end": "00:17:41", "text": "another equals ship zero?"}, {"start": "00:17:39", "end": "00:17:43", "text": ">> No, no, no. You can No, you can you can"}, {"start": "00:17:41", "end": "00:17:44", "text": "just use that what I sent you and just"}, {"start": "00:17:43", "end": "00:17:46", "text": "pass it in there."}, {"start": "00:17:44", "end": "00:17:47", "text": ">> Oh, D."}, {"start": "00:17:46", "end": "00:17:49", "text": ">> Correct. No, no, hold on."}, {"start": "00:17:47", "end": "00:17:51", "text": ">> Promo code Dan and then Correct."}, {"start": "00:17:49", "end": "00:17:53", "text": "Perfect. Now it's right. And you can you"}, {"start": "00:17:51", "end": "00:17:56", "text": "can uh you can choose it. You can you"}, {"start": "00:17:53", "end": "00:17:58", "text": "can change it. Uh 20% off plus free"}, {"start": "00:17:56", "end": "00:18:00", "text": "shipping plus $10 in Bitcoin. [laughter]"}, {"start": "00:17:58", "end": "00:18:02", "text": ">> So there's a lot you can add there."}, {"start": "00:18:00", "end": "00:18:04", "text": ">> That's sweet. Plus $10 in Bitcoin. Hold"}, {"start": "00:18:02", "end": "00:18:07", "text": "on. plus sir"}, {"start": "00:18:04", "end": "00:18:10", "text": ">> $10 in"}, {"start": "00:18:07", "end": "00:18:12", "text": ">> make sure whoever whoever orders it um"}, {"start": "00:18:10", "end": "00:18:14", "text": "you get a couple of days after you"}, {"start": "00:18:12", "end": "00:18:16", "text": "received your wallet an email that"}, {"start": "00:18:14", "end": "00:18:18", "text": "typically runs into your spam folder"}, {"start": "00:18:16", "end": "00:18:21", "text": "with a QR code and then you can activate"}, {"start": "00:18:18", "end": "00:18:23", "text": "it uh with every Tangum wallet but make"}, {"start": "00:18:21", "end": "00:18:25", "text": "sure you activate it very quick but"}, {"start": "00:18:23", "end": "00:18:26", "text": "because you only have a 30-day time"}, {"start": "00:18:25", "end": "00:18:28", "text": "window if you want to you can you can"}, {"start": "00:18:26", "end": "00:18:32", "text": "select your whole promo code and just"}, {"start": "00:18:28", "end": "00:18:37", "text": "add it put it into uh into uh a new um"}, {"start": "00:18:32", "end": "00:18:38", "text": "bar. So then you can see all the um"}, {"start": "00:18:37", "end": "00:18:39", "text": ">> great"}, {"start": "00:18:38", "end": "00:18:42", "text": ">> discounts."}, {"start": "00:18:39", "end": "00:18:43", "text": ">> Okay. I think is this. So we got it. Do"}, {"start": "00:18:42", "end": "00:18:45", "text": "I have it?"}, {"start": "00:18:43", "end": "00:18:47", "text": ">> Yeah. Great."}, {"start": "00:18:45", "end": "00:18:49", "text": ">> All right. Hey, let's do one more thing,"}, {"start": "00:18:47", "end": "00:18:51", "text": "Dave, while you're here because I want"}, {"start": "00:18:49", "end": "00:18:56", "text": "to show people just how how easy it is."}, {"start": "00:18:51", "end": "00:18:57", "text": "How about Are you able to send any kind"}, {"start": "00:18:56", "end": "00:18:58", "text": "of crypto anywhere?"}, {"start": "00:18:57", "end": "00:19:00", "text": ">> Yeah."}, {"start": "00:18:58", "end": "00:19:01", "text": ">> Great. Let's"}, {"start": "00:19:00", "end": "00:19:03", "text": ">> What do you like? I mean, I we're in"}, {"start": "00:19:01", "end": "00:19:06", "text": "Europe here. Uh, the European Union"}, {"start": "00:19:03", "end": "00:19:08", "text": "don't like USDT, but uh,"}, {"start": "00:19:06", "end": "00:19:09", "text": ">> I'll take whatever you got. I"}, {"start": "00:19:08", "end": "00:19:11", "text": ">> What do you think? BNB. Give me Give me"}, {"start": "00:19:09", "end": "00:19:14", "text": "a B&B address."}, {"start": "00:19:11", "end": "00:19:15", "text": ">> BMBB Smart Chain. Gotcha."}, {"start": "00:19:14", "end": "00:19:17", "text": ">> I want you to I want to show people how"}, {"start": "00:19:15", "end": "00:19:20", "text": "easy this can be. I'm going to put this"}, {"start": "00:19:17", "end": "00:19:22", "text": "into the private chat,"}, {"start": "00:19:20", "end": "00:19:23", "text": ">> right, Zah?"}, {"start": "00:19:22", "end": "00:19:25", "text": ">> Yeah. Give me just a second. I'm going"}, {"start": "00:19:23", "end": "00:19:27", "text": "to copy that over, send it to my"}, {"start": "00:19:25", "end": "00:19:29", "text": "smartphone. Uh"}, {"start": "00:19:27", "end": "00:19:32", "text": ">> I mean can you can can you also uh look"}, {"start": "00:19:29", "end": "00:19:33", "text": "up look up an QR code and I can scan it."}, {"start": "00:19:32", "end": "00:19:34", "text": ">> Oh yeah. Let's see here. Hold on real"}, {"start": "00:19:33", "end": "00:19:36", "text": "quick."}, {"start": "00:19:34", "end": "00:19:39", "text": ">> Yeah, you got it. I mean it's may maybe"}, {"start": "00:19:36", "end": "00:19:41", "text": "maybe better to display."}, {"start": "00:19:39", "end": "00:19:42", "text": ">> Watch this. I've got you, man. I got"}, {"start": "00:19:41", "end": "00:19:45", "text": "you."}, {"start": "00:19:42", "end": "00:19:47", "text": ">> I know. [gasps]"}, {"start": "00:19:45", "end": "00:19:49", "text": ">> Because people say what I mean QR codes"}, {"start": "00:19:47", "end": "00:19:50", "text": "make things a heck of a lot easier."}, {"start": "00:19:49", "end": "00:19:52", "text": ">> It is."}, {"start": "00:19:50", "end": "00:19:55", "text": ">> I'll tell you that."}, {"start": "00:19:52", "end": "00:19:56", "text": ">> Let's see."}, {"start": "00:19:55", "end": "00:19:58", "text": "add funds."}, {"start": "00:19:56", "end": "00:20:01", "text": ">> So, I got to switch back in the meantime"}, {"start": "00:19:58", "end": "00:20:05", "text": "to my"}, {"start": "00:20:01", "end": "00:20:05", "text": "BNB assets. [sighs]"}, {"start": "00:20:06", "end": "00:20:08", "text": ">> Oops."}, {"start": "00:20:07", "end": "00:20:12", "text": ">> I think that's a great idea to make sure"}, {"start": "00:20:08", "end": "00:20:16", "text": "that we really um display a use case."}, {"start": "00:20:12", "end": "00:20:16", "text": "You know, everything else is"}, {"start": "00:20:17", "end": "00:20:21", "text": ">> Yeah, exactly."}, {"start": "00:20:23", "end": "00:20:29", "text": ">> Perfect. Okay. So, I'm going to press"}, {"start": "00:20:26", "end": "00:20:32", "text": "transfer. I'm going to say send. Then"}, {"start": "00:20:29", "end": "00:20:35", "text": "I'm going to choose the amount. I said"}, {"start": "00:20:32", "end": "00:20:38", "text": "04."}, {"start": "00:20:35", "end": "00:20:39", "text": "It's roughly $250 85. Uh,"}, {"start": "00:20:38", "end": "00:20:43", "text": ">> all right."}, {"start": "00:20:39", "end": "00:20:45", "text": ">> Over. I said next. And I'm going to say"}, {"start": "00:20:43", "end": "00:20:48", "text": "scan. Oh, can you can you display in the"}, {"start": "00:20:45", "end": "00:20:51", "text": "the QR code again? Okay. So, let me scan"}, {"start": "00:20:48", "end": "00:20:52", "text": "it. He got it. So, let let me check it."}, {"start": "00:20:51", "end": "00:20:55", "text": "I going to check all the time the very"}, {"start": "00:20:52", "end": "00:20:58", "text": "first digits. 8 DFC something in the"}, {"start": "00:20:55", "end": "00:20:59", "text": "middle. [laughter]"}, {"start": "00:20:58", "end": "00:21:00", "text": ">> Something in the middle."}, {"start": "00:20:59", "end": "00:21:04", "text": ">> Yeah. No, no, it's I mean that's the"}, {"start": "00:21:00", "end": "00:21:06", "text": "way. Um 9F. Okay, perfect. Looks good."}, {"start": "00:21:04", "end": "00:21:09", "text": "So, I going to say next. I'm going to"}, {"start": "00:21:06", "end": "00:21:11", "text": "check it again. Network fee is below 1"}, {"start": "00:21:09", "end": "00:21:13", "text": "cent. I mean, just imagine four years"}, {"start": "00:21:11", "end": "00:21:14", "text": "ago. Is that crazy? Even with Ethereum,"}, {"start": "00:21:13", "end": "00:21:15", "text": "isn't it?"}, {"start": "00:21:14", "end": "00:21:17", "text": ">> Yeah. Not happen."}, {"start": "00:21:15", "end": "00:21:20", "text": ">> I gonna I'm gonna have my face scan. And"}, {"start": "00:21:17", "end": "00:21:22", "text": "now I'm going to tap my tangent card"}, {"start": "00:21:20", "end": "00:21:24", "text": "behind. So this is by the way one of the"}, {"start": "00:21:22", "end": "00:21:26", "text": "old versions what was seatless only. Uh"}, {"start": "00:21:24", "end": "00:21:27", "text": "these are the new versions with seat"}, {"start": "00:21:26", "end": "00:21:28", "text": "phrases."}, {"start": "00:21:27", "end": "00:21:30", "text": ">> And he send it over."}, {"start": "00:21:28", "end": "00:21:33", "text": ">> We say close"}, {"start": "00:21:30", "end": "00:21:34", "text": ">> and let's wait. It should be with you in"}, {"start": "00:21:33", "end": "00:21:36", "text": "really seconds"}, {"start": "00:21:34", "end": "00:21:39", "text": ">> and it'll it'll probably update. The"}, {"start": "00:21:36", "end": "00:21:43", "text": "thing is with this one, I used uh I used"}, {"start": "00:21:39", "end": "00:21:46", "text": "Claude to uh to go into the different"}, {"start": "00:21:43", "end": "00:21:48", "text": "scanners, Bitcoin, Ethereum, BNB, and"}, {"start": "00:21:46", "end": "00:21:52", "text": "update every two to three minutes. So,"}, {"start": "00:21:48", "end": "00:21:55", "text": "it'll come in, but a lot of time I mean"}, {"start": "00:21:52", "end": "00:21:57", "text": "it is it is there within 10 to 20"}, {"start": "00:21:55", "end": "00:22:00", "text": "seconds latest. Not"}, {"start": "00:21:57", "end": "00:22:02", "text": ">> Yeah, exactly. And that's the beauty of"}, {"start": "00:22:00", "end": "00:22:03", "text": "digital assets and crypto and going We"}, {"start": "00:22:02", "end": "00:22:04", "text": "just did that. I mean, try doing that"}, {"start": "00:22:03", "end": "00:22:08", "text": "with your bank account."}, {"start": "00:22:04", "end": "00:22:11", "text": ">> Yeah. Anyh who, all right. So, David,"}, {"start": "00:22:08", "end": "00:22:12", "text": "that'll lead us into the last question,"}, {"start": "00:22:11", "end": "00:22:14", "text": "which is what are the what are you guys"}, {"start": "00:22:12", "end": "00:22:16", "text": "working on in the background because you"}, {"start": "00:22:14", "end": "00:22:18", "text": "guys are always doing something. Is"}, {"start": "00:22:16", "end": "00:22:20", "text": "there anything new coming out? And if"}, {"start": "00:22:18", "end": "00:22:22", "text": "and don't worry, there's only a couple"}, {"start": "00:22:20", "end": "00:22:24", "text": "thousand people watching. So, they won't"}, {"start": "00:22:22", "end": "00:22:27", "text": "tell anybody. It'll just be between me,"}, {"start": "00:22:24", "end": "00:22:28", "text": "you, and 2,46 people. Yeah."}, {"start": "00:22:27", "end": "00:22:31", "text": ">> Yeah. That's that's good. So, we're"}, {"start": "00:22:28", "end": "00:22:34", "text": "we're family, isn't it? Um [laughter]"}, {"start": "00:22:31", "end": "00:22:35", "text": "Yeah. So let let me maybe go back a"}, {"start": "00:22:34", "end": "00:22:37", "text": "little bit what we have done because I"}, {"start": "00:22:35", "end": "00:22:40", "text": "think that's absolutely important. Um"}, {"start": "00:22:37", "end": "00:22:41", "text": "specifically for United States um I"}, {"start": "00:22:40", "end": "00:22:43", "text": "think you have recognized that we have"}, {"start": "00:22:41", "end": "00:22:46", "text": "brought up Tangent Pay."}, {"start": "00:22:43", "end": "00:22:48", "text": ">> What's what's our Tangum debit card? Um"}, {"start": "00:22:46", "end": "00:22:50", "text": "we integrated Visa directly into the"}, {"start": "00:22:48", "end": "00:22:53", "text": "Tang user interface"}, {"start": "00:22:50", "end": "00:22:55", "text": ">> and made sure that you can have a lot of"}, {"start": "00:22:53", "end": "00:22:58", "text": "fun. So what we have done right now or"}, {"start": "00:22:55", "end": "00:23:01", "text": "let me say recently is you can have more"}, {"start": "00:22:58", "end": "00:23:03", "text": "tangent uh cards more tangent paid cards"}, {"start": "00:23:01", "end": "00:23:05", "text": "than only one. So you can apply for a"}, {"start": "00:23:03", "end": "00:23:07", "text": "second a third. What you can also do you"}, {"start": "00:23:05", "end": "00:23:10", "text": "can apply for a physical card. We also"}, {"start": "00:23:07", "end": "00:23:13", "text": "brought up benefits like uh airport"}, {"start": "00:23:10", "end": "00:23:15", "text": "launches cash back etc. So check out our"}, {"start": "00:23:13", "end": "00:23:18", "text": "website and this is this is amazing. I"}, {"start": "00:23:15", "end": "00:23:20", "text": "mean we really become more like a"}, {"start": "00:23:18", "end": "00:23:21", "text": "seamless solution when it but when it"}, {"start": "00:23:20", "end": "00:23:24", "text": "comes to money and this is something"}, {"start": "00:23:21", "end": "00:23:27", "text": "we're really proud on it honestly. So"}, {"start": "00:23:24", "end": "00:23:28", "text": "and what we also made what is very very"}, {"start": "00:23:27", "end": "00:23:32", "text": "interesting"}, {"start": "00:23:28", "end": "00:23:37", "text": ">> um we have new accounts so account"}, {"start": "00:23:32", "end": "00:23:41", "text": "numbers for HCH AC and wire uh fed wire"}, {"start": "00:23:37", "end": "00:23:43", "text": "deposits for for for qualified users. So"}, {"start": "00:23:41", "end": "00:23:45", "text": "you get your own bank account with"}, {"start": "00:23:43", "end": "00:23:49", "text": "Tanger. Hold on. Hold on. [snorts] Wait,"}, {"start": "00:23:45", "end": "00:23:51", "text": "wait, wait. You got to It doesn't In my"}, {"start": "00:23:49", "end": "00:23:53", "text": "mind, I'm thinking to myself, so you get"}, {"start": "00:23:51", "end": "00:23:54", "text": "a bank account. And I'm going to guess"}, {"start": "00:23:53", "end": "00:23:56", "text": "this is not in America. I'm just going"}, {"start": "00:23:54", "end": "00:23:58", "text": "to take a stab at that."}, {"start": "00:23:56", "end": "00:24:00", "text": ">> No, it is. It It It is life only for"}, {"start": "00:23:58", "end": "00:24:01", "text": "America. That's funny. I mean, we're"}, {"start": "00:24:00", "end": "00:24:03", "text": "really looking forward to get that in"}, {"start": "00:24:01", "end": "00:24:04", "text": "Europe, but but the guys here are"}, {"start": "00:24:03", "end": "00:24:06", "text": "driving us totally crazy with all the"}, {"start": "00:24:04", "end": "00:24:08", "text": "Mika stuff and try to regulate"}, {"start": "00:24:06", "end": "00:24:10", "text": "everything to the bottom. So,"}, {"start": "00:24:08", "end": "00:24:12", "text": ">> horrible. Yeah, it's horrible."}, {"start": "00:24:10", "end": "00:24:16", "text": ">> I got you. Wow. That's a total reversal."}, {"start": "00:24:12", "end": "00:24:17", "text": "That's so you can get a bank account a"}, {"start": "00:24:16", "end": "00:24:20", "text": "guess you have to do KYC and AML where"}, {"start": "00:24:17", "end": "00:24:22", "text": "you submit maybe your your information"}, {"start": "00:24:20", "end": "00:24:24", "text": "your photos and okay"}, {"start": "00:24:22", "end": "00:24:25", "text": ">> but what's but what's very important to"}, {"start": "00:24:24", "end": "00:24:28", "text": "understand"}, {"start": "00:24:25", "end": "00:24:32", "text": ">> yes if you apply for tangent pay you're"}, {"start": "00:24:28", "end": "00:24:34", "text": "going to do that in the app because Visa"}, {"start": "00:24:32", "end": "00:24:36", "text": "we're sharing part of our app with Visa"}, {"start": "00:24:34", "end": "00:24:38", "text": "to use the interface"}, {"start": "00:24:36", "end": "00:24:42", "text": ">> but what not happens if you're going to"}, {"start": "00:24:38", "end": "00:24:45", "text": "do the KYC for the Visa tangent pay card"}, {"start": "00:24:42", "end": "00:24:47", "text": "The KYC process does not get linked with"}, {"start": "00:24:45", "end": "00:24:49", "text": "your hardware wallet. Your hardware"}, {"start": "00:24:47", "end": "00:24:52", "text": "wallet stays hardware wallet anominum"}, {"start": "00:24:49", "end": "00:24:54", "text": "without any information checkled to you."}, {"start": "00:24:52", "end": "00:24:56", "text": "Your datas, your informations, uh your"}, {"start": "00:24:54", "end": "00:24:58", "text": "money or whatever, it doesn't matter."}, {"start": "00:24:56", "end": "00:25:01", "text": "Yeah, it's still a hardware wallet, but"}, {"start": "00:24:58", "end": "00:25:03", "text": "nobody knows who owns it. And your Visa"}, {"start": "00:25:01", "end": "00:25:04", "text": "Pay card is your Visa Pay card. So,"}, {"start": "00:25:03", "end": "00:25:05", "text": "that's very important. I want to"}, {"start": "00:25:04", "end": "00:25:07", "text": "highlight that because I know sometimes"}, {"start": "00:25:05", "end": "00:25:08", "text": "people drive it crazy say, \"Oh, no,"}, {"start": "00:25:07", "end": "00:25:11", "text": "everybody knows right now who I am with"}, {"start": "00:25:08", "end": "00:25:13", "text": "my wallet.\" No, it's not the case."}, {"start": "00:25:11", "end": "00:25:14", "text": ">> Separate. separate separate walled"}, {"start": "00:25:13", "end": "00:25:14", "text": "gardens."}, {"start": "00:25:14", "end": "00:25:16", "text": ">> Great."}, {"start": "00:25:14", "end": "00:25:19", "text": ">> I like it. David, here's the the other"}, {"start": "00:25:16", "end": "00:25:22", "text": "thing is before I forget is staking."}, {"start": "00:25:19", "end": "00:25:23", "text": ">> We went round around me and Nikita went"}, {"start": "00:25:22", "end": "00:25:25", "text": "round and round around about this. I'm"}, {"start": "00:25:23", "end": "00:25:26", "text": "like, \"Hey, we need more staking. We're"}, {"start": "00:25:25", "end": "00:25:28", "text": "taking what do you guys offer as far as"}, {"start": "00:25:26", "end": "00:25:30", "text": "staking in your cold storage wallets"}, {"start": "00:25:28", "end": "00:25:31", "text": "right now today. And what are you"}, {"start": "00:25:30", "end": "00:25:34", "text": "working on in the future?\""}, {"start": "00:25:31", "end": "00:25:36", "text": ">> So, we have live right now Solana,"}, {"start": "00:25:34", "end": "00:25:39", "text": "Cardano, Tron, Cosmos, so atom and"}, {"start": "00:25:36", "end": "00:25:41", "text": "polygon. So, oldmatic that is what we"}, {"start": "00:25:39", "end": "00:25:44", "text": "have. Um, we are working on several"}, {"start": "00:25:41", "end": "00:25:46", "text": "other options. We know that XRP is"}, {"start": "00:25:44", "end": "00:25:48", "text": "definitely needed. We know that"}, {"start": "00:25:46", "end": "00:25:49", "text": "something for Ethereum is highly needed."}, {"start": "00:25:48", "end": "00:25:51", "text": "We know that something natively for"}, {"start": "00:25:49", "end": "00:25:54", "text": "Bitcoin is highly needed. But here's the"}, {"start": "00:25:51", "end": "00:25:56", "text": "point. [gasps] We as Tangum have"}, {"start": "00:25:54", "end": "00:25:58", "text": "absolutely the highest responsibility to"}, {"start": "00:25:56", "end": "00:26:01", "text": "select the right partners for the right"}, {"start": "00:25:58", "end": "00:26:03", "text": "job uh with the highest level of trust."}, {"start": "00:26:01", "end": "00:26:06", "text": "If we don't do that, we're definitely"}, {"start": "00:26:03", "end": "00:26:08", "text": "going to have an issue with uh trust and"}, {"start": "00:26:06", "end": "00:26:10", "text": "we don't want that. So therefore, yes,"}, {"start": "00:26:08", "end": "00:26:12", "text": "it takes longer to implement new"}, {"start": "00:26:10", "end": "00:26:14", "text": "partners, but again, this is your money"}, {"start": "00:26:12", "end": "00:26:17", "text": "and if something goes wrong, it's not"}, {"start": "00:26:14", "end": "00:26:19", "text": "the staking provider, it's tangent what"}, {"start": "00:26:17", "end": "00:26:21", "text": "everybody will blame. So therefore, we"}, {"start": "00:26:19", "end": "00:26:23", "text": "really separate and check everything"}, {"start": "00:26:21", "end": "00:26:26", "text": "very detail. Something I need to"}, {"start": "00:26:23", "end": "00:26:28", "text": "highlight what's even with staking"}, {"start": "00:26:26", "end": "00:26:30", "text": "another highly highly great feature is"}, {"start": "00:26:28", "end": "00:26:32", "text": "our smart gas function. I don't know if"}, {"start": "00:26:30", "end": "00:26:35", "text": "you recognize that. No,"}, {"start": "00:26:32", "end": "00:26:39", "text": ">> we have implemented for different"}, {"start": "00:26:35", "end": "00:26:41", "text": "networks like Ether, BNB and MATIC that"}, {"start": "00:26:39", "end": "00:26:44", "text": "you don't need anymore the layer one for"}, {"start": "00:26:41", "end": "00:26:49", "text": "gas fees. So let's imagine you want to"}, {"start": "00:26:44", "end": "00:26:52", "text": "send USDT on Ether network. You can just"}, {"start": "00:26:49", "end": "00:26:52", "text": "send it without having ether as gas fee."}, {"start": "00:26:52", "end": "00:26:57", "text": ">> What?"}, {"start": "00:26:52", "end": "00:27:00", "text": ">> So it takes the gas free from your USDT."}, {"start": "00:26:57", "end": "00:27:04", "text": "Yeah. Polygon arco. So this is I mean"}, {"start": "00:27:00", "end": "00:27:06", "text": "this is this is just imagine. Yeah Rob"}, {"start": "00:27:04", "end": "00:27:10", "text": "just imagine four years ago, eight years"}, {"start": "00:27:06", "end": "00:27:14", "text": "ago we have to have $150 worth in Ether"}, {"start": "00:27:10", "end": "00:27:14", "text": "to send $500 in USDT."}, {"start": "00:27:14", "end": "00:27:16", "text": "[snorts]"}, {"start": "00:27:14", "end": "00:27:18", "text": ">> So first of all right now the gas fee is"}, {"start": "00:27:16", "end": "00:27:20", "text": "less but I mean how many times you"}, {"start": "00:27:18", "end": "00:27:24", "text": "stopped sending assets"}, {"start": "00:27:20", "end": "00:27:27", "text": ">> because you missing the layer one asset"}, {"start": "00:27:24", "end": "00:27:29", "text": "or you did not have had enough there to"}, {"start": "00:27:27", "end": "00:27:31", "text": "pay the gas fee. Yeah. So I mean this is"}, {"start": "00:27:29", "end": "00:27:33", "text": "a small thing and the new users is ca"}, {"start": "00:27:31", "end": "00:27:35", "text": "that came into the market right now and"}, {"start": "00:27:33", "end": "00:27:38", "text": "use tandem I mean just don't recognize"}, {"start": "00:27:35", "end": "00:27:41", "text": "it but for everyone who is here for at"}, {"start": "00:27:38", "end": "00:27:43", "text": "least four years know what a pain that"}, {"start": "00:27:41", "end": "00:27:45", "text": "was isn't it"}, {"start": "00:27:43", "end": "00:27:47", "text": ">> interesting that is interesting"}, {"start": "00:27:45", "end": "00:27:49", "text": ">> yeah we're very proud on that honestly"}, {"start": "00:27:47", "end": "00:27:51", "text": "uh we also made it totally rework of our"}, {"start": "00:27:49", "end": "00:27:54", "text": "interface we made everything very clear"}, {"start": "00:27:51", "end": "00:27:56", "text": "very smooth and we also have news in we"}, {"start": "00:27:54", "end": "00:27:59", "text": "have token informations in we have um"}, {"start": "00:27:56", "end": "00:28:01", "text": "all the details for tokconomics inside"}, {"start": "00:27:59", "end": "00:28:03", "text": "there. So theoretically, you don't need"}, {"start": "00:28:01", "end": "00:28:05", "text": "to leave your tangent app to get all the"}, {"start": "00:28:03", "end": "00:28:07", "text": "informations to be updated."}, {"start": "00:28:05", "end": "00:28:08", "text": ">> David, how many times you guys been"}, {"start": "00:28:07", "end": "00:28:09", "text": "hacked?"}, {"start": "00:28:08", "end": "00:28:11", "text": ">> Zero."}, {"start": "00:28:09", "end": "00:28:13", "text": ">> Okay, just making sure."}, {"start": "00:28:11", "end": "00:28:14", "text": ">> Except except the two times from the"}, {"start": "00:28:13", "end": "00:28:17", "text": "French guys. They tried it. But but"}, {"start": "00:28:14", "end": "00:28:19", "text": "again, that was a proof of concept. I I"}, {"start": "00:28:17", "end": "00:28:21", "text": "definitely said"}, {"start": "00:28:19", "end": "00:28:23", "text": ">> I'm totally with you guys. Please take a"}, {"start": "00:28:21", "end": "00:28:24", "text": "wallet with 50 bucks on it and extract"}, {"start": "00:28:23", "end": "00:28:27", "text": "it."}, {"start": "00:28:24", "end": "00:28:30", "text": ">> See what happens."}, {"start": "00:28:27", "end": "00:28:32", "text": "That's it. Well said. Hey, and David, I"}, {"start": "00:28:30", "end": "00:28:34", "text": "have been taking so much your time. I"}, {"start": "00:28:32", "end": "00:28:36", "text": "appreciate it. I we'll we'll wrap it up"}, {"start": "00:28:34", "end": "00:28:38", "text": "and unless there's some some big thing"}, {"start": "00:28:36", "end": "00:28:40", "text": "you wanted to disclose that's going on,"}, {"start": "00:28:38", "end": "00:28:42", "text": "you can do that right now. Again, it's"}, {"start": "00:28:40", "end": "00:28:44", "text": "only us, but but think about that. But"}, {"start": "00:28:42", "end": "00:28:47", "text": "the last question is is a very simple"}, {"start": "00:28:44", "end": "00:28:49", "text": "one. Do you have any any any dogs? Any"}, {"start": "00:28:47", "end": "00:28:50", "text": "pets? Dogs, cats, parakeetses, anything"}, {"start": "00:28:49", "end": "00:28:52", "text": "like that?"}, {"start": "00:28:50", "end": "00:28:55", "text": ">> Unfortunately, not anymore. We have"}, {"start": "00:28:52", "end": "00:28:59", "text": "buried our uh 15-year-old Jack Russell"}, {"start": "00:28:55", "end": "00:29:02", "text": "uh lady uh what really grow up with my"}, {"start": "00:28:59", "end": "00:29:03", "text": "four daughters and uh we have buried her"}, {"start": "00:29:02", "end": "00:29:05", "text": "unfortunately"}, {"start": "00:29:03", "end": "00:29:08", "text": "three four months ago. It was it broke"}, {"start": "00:29:05", "end": "00:29:10", "text": "our heart honestly. Uh but my wife No,"}, {"start": "00:29:08", "end": "00:29:12", "text": "my my oldest daughter got a"}, {"start": "00:29:10", "end": "00:29:15", "text": "four-year-old jumping horse race jumping"}, {"start": "00:29:12", "end": "00:29:18", "text": "horse blood. So we have 600 kilo of raw"}, {"start": "00:29:15", "end": "00:29:20", "text": "meat sitting there. So yes, we have"}, {"start": "00:29:18", "end": "00:29:23", "text": "[laughter] we have a pet horse. Yeah,"}, {"start": "00:29:20", "end": "00:29:26", "text": ">> David, I I I feel your pain. I had two"}, {"start": "00:29:23", "end": "00:29:29", "text": "dogs and they lived to uh one was 13 and"}, {"start": "00:29:26", "end": "00:29:31", "text": "one was 14 and they and they essentially"}, {"start": "00:29:29", "end": "00:29:33", "text": "grow with you through a cycle and it is"}, {"start": "00:29:31", "end": "00:29:36", "text": "uh is difficult when you lose them. So,"}, {"start": "00:29:33", "end": "00:29:38", "text": "I understand your pain. I'm glad your"}, {"start": "00:29:36", "end": "00:29:41", "text": "daughter got jumping horse. That is that"}, {"start": "00:29:38", "end": "00:29:44", "text": "is great and uh I just wanted to to see"}, {"start": "00:29:41", "end": "00:29:46", "text": "that and uh sorry for your loss. I will"}, {"start": "00:29:44", "end": "00:29:47", "text": "say though that uh everybody if you"}, {"start": "00:29:46", "end": "00:29:49", "text": "don't have a dog, they're the greatest"}, {"start": "00:29:47", "end": "00:29:51", "text": "things of all time. They never re they"}, {"start": "00:29:49", "end": "00:29:52", "text": "never rugpull. They never sell you some"}, {"start": "00:29:51", "end": "00:29:53", "text": "crazy meme coin. They don't go back in"}, {"start": "00:29:52", "end": "00:29:56", "text": "business deals. They're very nice."}, {"start": "00:29:53", "end": "00:29:58", "text": "They're very fantastic. And I will say"}, {"start": "00:29:56", "end": "00:30:02", "text": "that uh as we're going through this and"}, {"start": "00:29:58", "end": "00:30:04", "text": "you know David donated $2, but I'm sure"}, {"start": "00:30:02", "end": "00:30:06", "text": "there's other stuff later on. But uh as"}, {"start": "00:30:04", "end": "00:30:08", "text": "a reminder, you know, if you guys want"}, {"start": "00:30:06", "end": "00:30:12", "text": "to donate again, we always get around 10"}, {"start": "00:30:08", "end": "00:30:15", "text": "to 20k uh views per per video. We're"}, {"start": "00:30:12", "end": "00:30:17", "text": "looking at a goal of 200k. If you guys"}, {"start": "00:30:15", "end": "00:30:20", "text": "can pitch in 20 40 bucks, we're able to"}, {"start": "00:30:17", "end": "00:30:22", "text": "actually move into our new location as"}, {"start": "00:30:20", "end": "00:30:24", "text": "we lost the lease for our current"}, {"start": "00:30:22", "end": "00:30:26", "text": "location. And we'll be we'll be moving"}, {"start": "00:30:24", "end": "00:30:29", "text": "50 to 70 dogs. And this is what we need"}, {"start": "00:30:26", "end": "00:30:33", "text": "for all of the donations, which is the"}, {"start": "00:30:29", "end": "00:30:37", "text": "setup, canisters, water, engineering, uh"}, {"start": "00:30:33", "end": "00:30:39", "text": "the crew, and of course, uh some type of"}, {"start": "00:30:37", "end": "00:30:41", "text": "solar panels so we can have electricity"}, {"start": "00:30:39", "end": "00:30:44", "text": "247. And that is what is going on. So,"}, {"start": "00:30:41", "end": "00:30:46", "text": "David, again, thank you for for stopping"}, {"start": "00:30:44", "end": "00:30:47", "text": "by. We appreciate it, especially all"}, {"start": "00:30:46", "end": "00:30:49", "text": "those new updates. Some things I had no"}, {"start": "00:30:47", "end": "00:30:51", "text": "idea that you guys are doing that. I"}, {"start": "00:30:49", "end": "00:30:52", "text": "need to need to keep myself up to date."}, {"start": "00:30:51", "end": "00:30:54", "text": ">> We're working on so many other things."}, {"start": "00:30:52", "end": "00:30:56", "text": "Unfortunately, I couldn't tell all of"}, {"start": "00:30:54", "end": "00:30:59", "text": "that stuff. If I do, so they're going to"}, {"start": "00:30:56", "end": "00:31:01", "text": "spank my butt. I don't want to risk that"}, {"start": "00:30:59", "end": "00:31:04", "text": "with them. Uh I can tell you stay tuned."}, {"start": "00:31:01", "end": "00:31:06", "text": "Uh it's very important. Um, and make"}, {"start": "00:31:04", "end": "00:31:08", "text": "sure whenever you guys come to any"}, {"start": "00:31:06", "end": "00:31:12", "text": "social media channels like Telegram,"}, {"start": "00:31:08", "end": "00:31:14", "text": "Discord or even YouTube comments, make"}, {"start": "00:31:12", "end": "00:31:16", "text": "sure you don't trust any people. There"}, {"start": "00:31:14", "end": "00:31:17", "text": "is no one who will ask you for any"}, {"start": "00:31:16", "end": "00:31:19", "text": "informations or said you need to"}, {"start": "00:31:17", "end": "00:31:21", "text": "transfer assets or please sign that"}, {"start": "00:31:19", "end": "00:31:24", "text": "contract or please log in there or give"}, {"start": "00:31:21", "end": "00:31:26", "text": "me your informations. If somebody tried"}, {"start": "00:31:24", "end": "00:31:30", "text": "to bring you in hurry, stop, think about"}, {"start": "00:31:26", "end": "00:31:32", "text": "it, ask and that's all I can tell you."}, {"start": "00:31:30", "end": "00:31:33", "text": "And Rob, if I would have known that I"}, {"start": "00:31:32", "end": "00:31:35", "text": "thought that was really just a test"}, {"start": "00:31:33", "end": "00:31:37", "text": "transaction to show how quick it was, I"}, {"start": "00:31:35", "end": "00:31:39", "text": "would have donated more. But let me do"}, {"start": "00:31:37", "end": "00:31:41", "text": "that a little bit later. I can also"}, {"start": "00:31:39", "end": "00:31:44", "text": "offer you uh five tandem wallets. Uh"}, {"start": "00:31:41", "end": "00:31:46", "text": "what you can give to I don't know the"}, {"start": "00:31:44", "end": "00:31:49", "text": "the highest donations um or or or the"}, {"start": "00:31:46", "end": "00:31:51", "text": "next donations above a certain amount."}, {"start": "00:31:49", "end": "00:31:53", "text": "You you're going to choose that. Uh we"}, {"start": "00:31:51", "end": "00:31:54", "text": "take we take five wallets. You give us"}, {"start": "00:31:53", "end": "00:31:55", "text": "the addresses and I make sure they're"}, {"start": "00:31:54", "end": "00:31:57", "text": "going to get it no matter where in the"}, {"start": "00:31:55", "end": "00:32:00", "text": "world. That is something we're more than"}, {"start": "00:31:57", "end": "00:32:02", "text": "happy to uh do as our part as Tandem."}, {"start": "00:32:00", "end": "00:32:04", "text": ">> You're the best. David, you guys are the"}, {"start": "00:32:02", "end": "00:32:06", "text": "best. I love it. What I'm going to do is"}, {"start": "00:32:04", "end": "00:32:08", "text": "every session moving forward, we're"}, {"start": "00:32:06", "end": "00:32:10", "text": "going to give away one tandem wallet and"}, {"start": "00:32:08", "end": "00:32:13", "text": "we got five sessions easily coming up"}, {"start": "00:32:10", "end": "00:32:14", "text": "and that'll lead me to this last one."}, {"start": "00:32:13", "end": "00:32:16", "text": "Who do we got coming up now? Let me"}, {"start": "00:32:14", "end": "00:32:18", "text": "refresh this. Ready Hipper in 20"}, {"start": "00:32:16", "end": "00:32:20", "text": "minutes. So, let me get everything"}, {"start": "00:32:18", "end": "00:32:21", "text": "together. We're going to give We're"}, {"start": "00:32:20", "end": "00:32:23", "text": "going to do this giveaway. I need to do"}, {"start": "00:32:21", "end": "00:32:24", "text": "a Google forum. I know how to I'll set"}, {"start": "00:32:23", "end": "00:32:27", "text": "this up and we'll get out of here."}, {"start": "00:32:24", "end": "00:32:28", "text": "David, thank you so much for your time."}, {"start": "00:32:27", "end": "00:32:29", "text": "We appreciate it."}, {"start": "00:32:28", "end": "00:32:32", "text": ">> Thank you very much for having us. Have"}, {"start": "00:32:29", "end": "00:32:32", "text": "a good one."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "I got a call from my wife telling me she"}, {"start": "00:00:01", "end": "00:00:05", "text": "forgot her wallet and needed a credit"}, {"start": "00:00:03", "end": "00:00:06", "text": "card to pay for gas."}, {"start": "00:00:05", "end": "00:00:09", "text": "Here's the crazy thing. My wife was at"}, {"start": "00:00:06", "end": "00:00:11", "text": "home with me in the house and she drives"}, {"start": "00:00:09", "end": "00:00:13", "text": "a Tesla. Same voice, but a little bit"}, {"start": "00:00:11", "end": "00:00:15", "text": "off."}, {"start": "00:00:13", "end": "00:00:16", "text": "100% sounded just like her, though. If"}, {"start": "00:00:15", "end": "00:00:19", "text": "she wasn't there and it wasn't about"}, {"start": "00:00:16", "end": "00:00:22", "text": "gas, I would have fallen for it."}, {"start": "00:00:19", "end": "00:00:24", "text": "These scammers are going to be better,"}, {"start": "00:00:22", "end": "00:00:28", "text": "faster, and they're going to take more"}, {"start": "00:00:24", "end": "00:00:30", "text": "money out of your pocket than I think"}, {"start": "00:00:28", "end": "00:00:32", "text": "the losses that you could potentially be"}, {"start": "00:00:30", "end": "00:00:35", "text": "in as far as like with meme coins. I"}, {"start": "00:00:32", "end": "00:00:39", "text": "think scammers are going to"}, {"start": "00:00:35", "end": "00:00:40", "text": "just be so outrageous and get into"}, {"start": "00:00:39", "end": "00:00:42", "text": "people's"}, {"start": "00:00:40", "end": "00:00:43", "text": "savings."}, {"start": "00:00:42", "end": "00:00:44", "text": "It's going to be pretty tough. And the"}, {"start": "00:00:43", "end": "00:00:47", "text": "reason is is because they have stuff"}, {"start": "00:00:44", "end": "00:00:49", "text": "like this and also with AI helping them"}, {"start": "00:00:47", "end": "00:00:50", "text": "along the way. So, I want you guys to be"}, {"start": "00:00:49", "end": "00:00:52", "text": "aware of that. And then I thought, well,"}, {"start": "00:00:50", "end": "00:00:55", "text": "I've heard this story before, but when I"}, {"start": "00:00:52", "end": "00:00:56", "text": "posted this, even Gavs Roberts said,"}, {"start": "00:00:55", "end": "00:00:59", "text": "\"Yeah, I got an old friend who went"}, {"start": "00:00:56", "end": "00:01:01", "text": "through some legal trouble, DUI, etc."}, {"start": "00:00:59", "end": "00:01:03", "text": "They cloned his voice, made a story that"}, {"start": "00:01:01", "end": "00:01:05", "text": "he needed bail money and payment to"}, {"start": "00:01:03", "end": "00:01:07", "text": "lawyer. They knew his local area and"}, {"start": "00:01:05", "end": "00:01:09", "text": "likely police department and court. And"}, {"start": "00:01:07", "end": "00:01:12", "text": "uh they called his 80-year-old mother"}, {"start": "00:01:09", "end": "00:01:13", "text": "and got almost $10,000 wired out of"}, {"start": "00:01:12", "end": "00:01:14", "text": "her.\""}, {"start": "00:01:13", "end": "00:01:16", "text": "So, these are the things that are"}, {"start": "00:01:14", "end": "00:01:19", "text": "happening. So, if you're going to"}, {"start": "00:01:16", "end": "00:01:22", "text": "diversify your portfolio, diversify your"}, {"start": "00:01:19", "end": "00:01:25", "text": "storage of crypto, please. I use iTrust,"}, {"start": "00:01:22", "end": "00:01:28", "text": "Tangem, Ledger, ETFs, and things like"}, {"start": "00:01:25", "end": "00:01:28", "text": "that."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Visa"}, {"start": "00:00:01", "end": "00:00:06", "text": "taps on-chain lending"}, {"start": "00:00:03", "end": "00:00:07", "text": "to finance stablecoin programs. And"}, {"start": "00:00:06", "end": "00:00:08", "text": "they're going all out for it. I give it"}, {"start": "00:00:07", "end": "00:00:10", "text": "to them."}, {"start": "00:00:08", "end": "00:00:12", "text": "So, Visa is using settlement data to"}, {"start": "00:00:10", "end": "00:00:14", "text": "help lenders"}, {"start": "00:00:12", "end": "00:00:16", "text": "evaluate financing for stablecoin-like"}, {"start": "00:00:14", "end": "00:00:17", "text": "car payments."}, {"start": "00:00:16", "end": "00:00:19", "text": "Its stablecoin settlement volume has"}, {"start": "00:00:17", "end": "00:00:21", "text": "exceeded $20 billion. And that's not the"}, {"start": "00:00:19", "end": "00:00:23", "text": "important part about the the amount,"}, {"start": "00:00:21", "end": "00:00:25", "text": "it's how fast that amount has grown."}, {"start": "00:00:23", "end": "00:00:27", "text": "We'll take a look in a second."}, {"start": "00:00:25", "end": "00:00:29", "text": "Visa says an early financing model"}, {"start": "00:00:27", "end": "00:00:31", "text": "involving credit coop has supported more"}, {"start": "00:00:29", "end": "00:00:33", "text": "than 2.5 billion in settlement since"}, {"start": "00:00:31", "end": "00:00:35", "text": "2023."}, {"start": "00:00:33", "end": "00:00:37", "text": "Visa said lenders can use Visa net"}, {"start": "00:00:35", "end": "00:00:39", "text": "settlement data alongside blockchain"}, {"start": "00:00:37", "end": "00:00:41", "text": "transaction records to assess a"}, {"start": "00:00:39", "end": "00:00:44", "text": "payment's businesses performance and"}, {"start": "00:00:41", "end": "00:00:46", "text": "determine financing terms. So, again,"}, {"start": "00:00:44", "end": "00:00:47", "text": "when a business wants to use other types"}, {"start": "00:00:46", "end": "00:00:49", "text": "of rails outside of the traditional"}, {"start": "00:00:47", "end": "00:00:52", "text": "banking system, now they have more"}, {"start": "00:00:49", "end": "00:00:55", "text": "options and it's a little bit cheaper"}, {"start": "00:00:52", "end": "00:00:55", "text": "than what they've actually done before."}]

[{"start": "00:00:00", "end": "00:00:06", "text": "So inflation is down and Bitcoin the"}, {"start": "00:00:04", "end": "00:00:09", "text": "crypto digital asset space is up and the"}, {"start": "00:00:06", "end": "00:00:12", "text": "chances of a rate hike are way way up."}, {"start": "00:00:09", "end": "00:00:15", "text": "Specifically it went from a 60/40 split"}, {"start": "00:00:12", "end": "00:00:17", "text": "to an 8020 split as far as a rate hike"}, {"start": "00:00:15", "end": "00:00:20", "text": "for the next meeting for the Federal"}, {"start": "00:00:17", "end": "00:00:21", "text": "Reserve. It's a very odd place to be but"}, {"start": "00:00:20", "end": "00:00:23", "text": "it does make sense when we take a look"}, {"start": "00:00:21", "end": "00:00:24", "text": "at just a little bit of the data. So the"}, {"start": "00:00:23", "end": "00:00:26", "text": "first thing you can notice, I'm sure"}, {"start": "00:00:24", "end": "00:00:28", "text": "you've seen this is the market's doing"}, {"start": "00:00:26", "end": "00:00:31", "text": "quite well today. Looking pretty good"}, {"start": "00:00:28", "end": "00:00:32", "text": "actually. you know, sorry now. Here we"}, {"start": "00:00:31", "end": "00:00:35", "text": "go. The market's doing quite well."}, {"start": "00:00:32", "end": "00:00:38", "text": "Almost at Bitcoin at 79K over now. We're"}, {"start": "00:00:35", "end": "00:00:39", "text": "up 1.3 24 2.6%. Ethereum is the big"}, {"start": "00:00:38", "end": "00:00:42", "text": "winner, though. And I just saw that the"}, {"start": "00:00:39", "end": "00:00:45", "text": "BMNR uh Tom Lee's company is up like"}, {"start": "00:00:42", "end": "00:00:47", "text": "over 10% today just on the pump of"}, {"start": "00:00:45", "end": "00:00:49", "text": "Ethereum. Again, you got to love the"}, {"start": "00:00:47", "end": "00:00:51", "text": "markets because really it comes down to"}, {"start": "00:00:49", "end": "00:00:53", "text": "a lot of speculation and just a little"}, {"start": "00:00:51", "end": "00:00:55", "text": "bit of utility. And then of course"}, {"start": "00:00:53", "end": "00:00:56", "text": "across the board, BNB and XB,"}, {"start": "00:00:55", "end": "00:00:59", "text": "everything's up. And it is interesting"}, {"start": "00:00:56", "end": "00:01:01", "text": "when you take a look at like these nice"}, {"start": "00:00:59", "end": "00:01:03", "text": "uh market uh different price action"}, {"start": "00:01:01", "end": "00:01:06", "text": "that's going on right now. It looks very"}, {"start": "00:01:03", "end": "00:01:07", "text": "good. Green is good. We like that. But"}, {"start": "00:01:06", "end": "00:01:08", "text": "then take a look at the market cap."}, {"start": "00:01:07", "end": "00:01:11", "text": "2.749"}, {"start": "00:01:08", "end": "00:01:14", "text": "two trill749 billion. Then you come over"}, {"start": "00:01:11", "end": "00:01:17", "text": "here. It's this is from yesterday."}, {"start": "00:01:14", "end": "00:01:18", "text": "2 trill727"}, {"start": "00:01:17", "end": "00:01:20", "text": "billion. And it just looks awful you"}, {"start": "00:01:18", "end": "00:01:23", "text": "know except for of course stable coins"}, {"start": "00:01:20", "end": "00:01:24", "text": "but just red across the board. However,"}, {"start": "00:01:23", "end": "00:01:27", "text": "right now today, everybody's"}, {"start": "00:01:24", "end": "00:01:30", "text": "enthusiastic about the inflation print,"}, {"start": "00:01:27", "end": "00:01:33", "text": "but I think it is shortlived. Even"}, {"start": "00:01:30", "end": "00:01:35", "text": "though S&P 500 is up today roughly"}, {"start": "00:01:33", "end": "00:01:37", "text": "percentage points, that's pretty good."}, {"start": "00:01:35", "end": "00:01:38", "text": "And we take a look across the continuum,"}, {"start": "00:01:37", "end": "00:01:40", "text": "just, you know, how we are as far as"}, {"start": "00:01:38", "end": "00:01:42", "text": "four-ear cycles. You know, we're only"}, {"start": "00:01:40", "end": "00:01:44", "text": "down 38% from our all-time high. I know"}, {"start": "00:01:42", "end": "00:01:47", "text": "that sounds very funny. We're only down"}, {"start": "00:01:44", "end": "00:01:50", "text": "38%. But this time, four years ago in"}, {"start": "00:01:47", "end": "00:01:53", "text": "2022, we were almost down 70% at this"}, {"start": "00:01:50", "end": "00:01:56", "text": "time frame. and we had an even 7% more"}, {"start": "00:01:53", "end": "00:01:58", "text": "roughly 78 n% to go before we dropped"}, {"start": "00:01:56", "end": "00:02:00", "text": "down to the 77% price range of around"}, {"start": "00:01:58", "end": "00:02:03", "text": "15,700."}, {"start": "00:02:00", "end": "00:02:05", "text": "So again, this bull market is not too"}, {"start": "00:02:03", "end": "00:02:06", "text": "bad. And today it comes down to"}, {"start": "00:02:05", "end": "00:02:08", "text": "inflation. This is what everybody's"}, {"start": "00:02:06", "end": "00:02:10", "text": "talking about and it's great and you"}, {"start": "00:02:08", "end": "00:02:13", "text": "know, we see a little reduction, but"}, {"start": "00:02:10", "end": "00:02:16", "text": "it's not going to last. I don't think I"}, {"start": "00:02:13", "end": "00:02:17", "text": "could be wrong. And what I like to to"}, {"start": "00:02:16", "end": "00:02:20", "text": "know is, and especially when we get in"}, {"start": "00:02:17", "end": "00:02:23", "text": "the Q&A section, is are the prices going"}, {"start": "00:02:20", "end": "00:02:25", "text": "down for you? Do you feel like, hey,"}, {"start": "00:02:23", "end": "00:02:26", "text": "this is way cheaper than what it was, or"}, {"start": "00:02:25", "end": "00:02:28", "text": "do you feel like, wow, things are kind"}, {"start": "00:02:26", "end": "00:02:31", "text": "of getting out of control? Anyhow, the"}, {"start": "00:02:28", "end": "00:02:34", "text": "CPI, the consumer price index, uh,"}, {"start": "00:02:31", "end": "00:02:37", "text": "previously was 0.1. The expectation was"}, {"start": "00:02:34", "end": "00:02:41", "text": "0.4 and we hit 0.4. The core CPI, we"}, {"start": "00:02:37", "end": "00:02:44", "text": "strip out, uh, energy, food, we can see"}, {"start": "00:02:41", "end": "00:02:47", "text": "that uh, we're like at 0.3. actually"}, {"start": "00:02:44", "end": "00:02:50", "text": "went up a little bit, but CPI and core"}, {"start": "00:02:47", "end": "00:02:52", "text": "CPI year-over-year is what people are"}, {"start": "00:02:50", "end": "00:02:55", "text": "looking at. And we went from 3.4 across"}, {"start": "00:02:52", "end": "00:02:58", "text": "the board that hit we went 2.5 the"}, {"start": "00:02:55", "end": "00:03:03", "text": "expectation was 2.4 and the we hit"}, {"start": "00:02:58", "end": "00:03:06", "text": "expectations of a whopping 2.4% of CPI"}, {"start": "00:03:03", "end": "00:03:08", "text": "core and that's it. And everybody's"}, {"start": "00:03:06", "end": "00:03:11", "text": "happy. Everybody's excited. Market's"}, {"start": "00:03:08", "end": "00:03:14", "text": "going crazy. Little bit of a pump."}, {"start": "00:03:11", "end": "00:03:17", "text": "However, let's take a peek inside what's"}, {"start": "00:03:14", "end": "00:03:19", "text": "really going on. This is the core PCE."}, {"start": "00:03:17", "end": "00:03:23", "text": "These are personal consumption"}, {"start": "00:03:19", "end": "00:03:26", "text": "expenditures. And the core PCE is what"}, {"start": "00:03:23", "end": "00:03:28", "text": "is looked at more stringently by Kevin"}, {"start": "00:03:26", "end": "00:03:30", "text": "Wash in the Federal Reserve. And we can"}, {"start": "00:03:28", "end": "00:03:32", "text": "just see here the core PCE"}, {"start": "00:03:30", "end": "00:03:35", "text": "year-over-year percentage- wise, we were"}, {"start": "00:03:32", "end": "00:03:37", "text": "doing great around April. It was"}, {"start": "00:03:35", "end": "00:03:40", "text": "actually 2.6%. We were going in the"}, {"start": "00:03:37", "end": "00:03:44", "text": "right direction from"}, {"start": "00:03:40", "end": "00:03:45", "text": "a whopping three almost 4% going down."}, {"start": "00:03:44", "end": "00:03:47", "text": "This is what the Federal Reserve wanted"}, {"start": "00:03:45", "end": "00:03:49", "text": "to see. And now what have we done? Well,"}, {"start": "00:03:47", "end": "00:03:52", "text": "this is from April. Gone up and up and"}, {"start": "00:03:49", "end": "00:03:56", "text": "up a little bit down 2.75. And now"}, {"start": "00:03:52", "end": "00:03:58", "text": "currently we are at 3.34%."}, {"start": "00:03:56", "end": "00:04:00", "text": "There was a little bit of a reduction"}, {"start": "00:03:58", "end": "00:04:02", "text": "and let's see if it'll hold. But if the"}, {"start": "00:04:00", "end": "00:04:05", "text": "Fed has a dual mandate, which"}, {"start": "00:04:02", "end": "00:04:07", "text": "essentially is make sure jobs go great"}, {"start": "00:04:05", "end": "00:04:10", "text": "and we don't get too much inflation,"}, {"start": "00:04:07", "end": "00:04:14", "text": "they're probably going to want to cut or"}, {"start": "00:04:10", "end": "00:04:15", "text": "excuse me, raise rates. And it's not"}, {"start": "00:04:14", "end": "00:04:19", "text": "just that. As far as like the price"}, {"start": "00:04:15", "end": "00:04:20", "text": "index, this is the diesel sales price"}, {"start": "00:04:19", "end": "00:04:22", "text": "from the Federal Reserve Bank of St."}, {"start": "00:04:20", "end": "00:04:26", "text": "Louis. Did you know that we're at an"}, {"start": "00:04:22", "end": "00:04:27", "text": "all-time high? So when it strips out"}, {"start": "00:04:26", "end": "00:04:30", "text": "this, you know, for the core and it"}, {"start": "00:04:27", "end": "00:04:33", "text": "strips out energy consumption, this is"}, {"start": "00:04:30", "end": "00:04:36", "text": "what they're stripping out."}, {"start": "00:04:33", "end": "00:04:39", "text": "When you see stuff like this and we're"}, {"start": "00:04:36", "end": "00:04:41", "text": "at an all-time high for diesel, that's"}, {"start": "00:04:39", "end": "00:04:43", "text": "not really good for inflation because"}, {"start": "00:04:41", "end": "00:04:47", "text": "that will affect everything else that"}, {"start": "00:04:43", "end": "00:04:49", "text": "comes in. That's why consumer price"}, {"start": "00:04:47", "end": "00:04:51", "text": "index and producer price and and"}, {"start": "00:04:49", "end": "00:04:53", "text": "consumer price index has been steadily"}, {"start": "00:04:51", "end": "00:04:55", "text": "going a little bit up as time has gone"}, {"start": "00:04:53", "end": "00:04:57", "text": "on because we have to roll that into"}, {"start": "00:04:55", "end": "00:04:59", "text": "transportation of goods and services."}, {"start": "00:04:57", "end": "00:05:01", "text": "And because diesel is so high and that's"}, {"start": "00:04:59", "end": "00:05:04", "text": "what trucks use to transport everything,"}, {"start": "00:05:01", "end": "00:05:06", "text": "inflation is going up. And again, it's"}, {"start": "00:05:04", "end": "00:05:08", "text": "at an all-time high. And it's not just"}, {"start": "00:05:06", "end": "00:05:10", "text": "that. It's the unled fuel that you put"}, {"start": "00:05:08", "end": "00:05:13", "text": "into your car. Not at all-time highs,"}, {"start": "00:05:10", "end": "00:05:15", "text": "but pretty darn close. And then we can"}, {"start": "00:05:13", "end": "00:05:19", "text": "see that the 10-year yield just went"}, {"start": "00:05:15", "end": "00:05:20", "text": "almost 5% for the first time since 2023,"}, {"start": "00:05:19", "end": "00:05:22", "text": "which isn't a big deal. But you have to"}, {"start": "00:05:20", "end": "00:05:25", "text": "understand that if you're going to put"}, {"start": "00:05:22", "end": "00:05:28", "text": "in money and you can get a guaranteed"}, {"start": "00:05:25", "end": "00:05:30", "text": "almost 5% on a 10-year yield, why"}, {"start": "00:05:28", "end": "00:05:31", "text": "wouldn't you just do that? Because if"}, {"start": "00:05:30", "end": "00:05:33", "text": "you can do and people say, \"Well, it's"}, {"start": "00:05:31", "end": "00:05:35", "text": "only 5%, Rob.\" Well, people are going to"}, {"start": "00:05:33", "end": "00:05:38", "text": "hedge against what they think is going"}, {"start": "00:05:35", "end": "00:05:39", "text": "to be maybe a collapse or maybe a big"}, {"start": "00:05:38", "end": "00:05:41", "text": "pullback. And if you're looking at like"}, {"start": "00:05:39", "end": "00:05:45", "text": "the S&P 500, well that's safe. Well,"}, {"start": "00:05:41", "end": "00:05:49", "text": "from 1928 to 2025, you could be down 10"}, {"start": "00:05:45", "end": "00:05:52", "text": "20 30%, not too often, but in the 5% to"}, {"start": "00:05:49", "end": "00:05:53", "text": "10% range, it's more prevalent. Maybe 10"}, {"start": "00:05:52", "end": "00:05:55", "text": "to 20, you could actually do it. But as"}, {"start": "00:05:53", "end": "00:05:58", "text": "far as like a hedge, I think that's what"}, {"start": "00:05:55", "end": "00:05:59", "text": "people actually want to do, especially"}, {"start": "00:05:58", "end": "00:06:00", "text": "they take a look at this yield and go,"}, {"start": "00:05:59", "end": "00:06:02", "text": "\"Wow, the government's going to pay me"}, {"start": "00:06:00", "end": "00:06:04", "text": "how much? I might actually do that.\" And"}, {"start": "00:06:02", "end": "00:06:07", "text": "as a reminder,"}, {"start": "00:06:04", "end": "00:06:11", "text": "we are in the midterm year and I see a"}, {"start": "00:06:07", "end": "00:06:13", "text": "slaughtering coming in for a particular"}, {"start": "00:06:11", "end": "00:06:16", "text": "side"}, {"start": "00:06:13", "end": "00:06:18", "text": "for politics and it's not looking good."}, {"start": "00:06:16", "end": "00:06:20", "text": "I don't know if you saw that yesterday"}, {"start": "00:06:18", "end": "00:06:20", "text": "as Donald Trump stood up there, the"}, {"start": "00:06:20", "end": "00:06:23", "text": "president of the United States, and"}, {"start": "00:06:20", "end": "00:06:27", "text": "said, \"Vote for us. Make sure that we"}, {"start": "00:06:23", "end": "00:06:30", "text": "get Republicans and we contain the House"}, {"start": "00:06:27", "end": "00:06:32", "text": "and we keep the Senate.\""}, {"start": "00:06:30", "end": "00:06:34", "text": "And if that's the case, then we'll give"}, {"start": "00:06:32", "end": "00:06:38", "text": "you 5,000 bucks. And that was roughly"}, {"start": "00:06:34", "end": "00:06:39", "text": "264 to 264 million as far as the"}, {"start": "00:06:38", "end": "00:06:41", "text": "population of America. That's the"}, {"start": "00:06:39", "end": "00:06:44", "text": "adults, which would equate to roughly"}, {"start": "00:06:41", "end": "00:06:45", "text": "1.3 trillion. People say, \"Well,$1.3"}, {"start": "00:06:44", "end": "00:06:48", "text": "trillion, that's not the much. We have"}, {"start": "00:06:45", "end": "00:06:50", "text": "40 trillion in debt.\""}, {"start": "00:06:48", "end": "00:06:52", "text": "Okay, good enough. So, we're in a"}, {"start": "00:06:50", "end": "00:06:53", "text": "midterm election year. Usually towards"}, {"start": "00:06:52", "end": "00:06:56", "text": "November is when things a little bit of"}, {"start": "00:06:53", "end": "00:06:57", "text": "shaky. And you can just see here that"}, {"start": "00:06:56", "end": "00:06:59", "text": "it's not just a four-year cycle for"}, {"start": "00:06:57", "end": "00:07:01", "text": "crypto and digital assets. Political"}, {"start": "00:06:59", "end": "00:07:03", "text": "uncertainty is a big issue and we're"}, {"start": "00:07:01", "end": "00:07:06", "text": "going to go into some very uncertain"}, {"start": "00:07:03", "end": "00:07:09", "text": "times. And because of that, here is Oh"}, {"start": "00:07:06", "end": "00:07:12", "text": "my god, I'm sorry. I said 8020 split. I"}, {"start": "00:07:09", "end": "00:07:17", "text": "was incorrect. It's an 87%"}, {"start": "00:07:12", "end": "00:07:20", "text": "to 12.9% split that the Fed is going to"}, {"start": "00:07:17", "end": "00:07:21", "text": "raise at the next meeting on the 16th of"}, {"start": "00:07:20", "end": "00:07:24", "text": "September."}, {"start": "00:07:21", "end": "00:07:24", "text": "So,"}, {"start": "00:07:25", "end": "00:07:32", "text": "we will see what uh what goes on, but uh"}, {"start": "00:07:30", "end": "00:07:34", "text": "this is not looking good for the markets"}, {"start": "00:07:32", "end": "00:07:36", "text": "themselves. Right now is a great day."}, {"start": "00:07:34", "end": "00:07:38", "text": "I'm just saying be careful. Maybe you"}, {"start": "00:07:36", "end": "00:07:42", "text": "want to take some profits today because"}, {"start": "00:07:38", "end": "00:07:44", "text": "16th of September is uh next week, I"}, {"start": "00:07:42", "end": "00:07:46", "text": "believe. And if that's the case and we"}, {"start": "00:07:44", "end": "00:07:48", "text": "see some rate hikes, this is not going"}, {"start": "00:07:46", "end": "00:07:50", "text": "to be good for the short term of the"}, {"start": "00:07:48", "end": "00:07:51", "text": "market. Long term, we're pretty good."}, {"start": "00:07:50", "end": "00:07:54", "text": "And then people will say, \"Well, that's"}, {"start": "00:07:51", "end": "00:07:57", "text": "just one one time frame, Rob.\" I get it."}, {"start": "00:07:54", "end": "00:07:59", "text": "I'm just saying that uh I think the"}, {"start": "00:07:57", "end": "00:08:00", "text": "markets will react. Even though people"}, {"start": "00:07:59", "end": "00:08:02", "text": "say, \"Well, it's already priced in"}, {"start": "00:08:00", "end": "00:08:05", "text": "maybe.\" But usually what happens is an"}, {"start": "00:08:02", "end": "00:08:06", "text": "initial shock goes down a little bit or"}, {"start": "00:08:05", "end": "00:08:10", "text": "maybe a lot, who knows? And then it"}, {"start": "00:08:06", "end": "00:08:12", "text": "starts to rebound. But again, a 90%"}, {"start": "00:08:10", "end": "00:08:14", "text": "assurance that we're going to see a Fed"}, {"start": "00:08:12", "end": "00:08:16", "text": "rate hike, not good for the markets."}, {"start": "00:08:14", "end": "00:08:19", "text": "Anyhow, let me think about that in the"}, {"start": "00:08:16", "end": "00:08:20", "text": "comments section. And just to finish up,"}, {"start": "00:08:19", "end": "00:08:23", "text": "it's not how much you make, it's how"}, {"start": "00:08:20", "end": "00:08:28", "text": "much you keep. And I was looking through"}, {"start": "00:08:23", "end": "00:08:29", "text": "the different uh groups here. And this"}, {"start": "00:08:28", "end": "00:08:31", "text": "was from Abomination. I don't know who"}, {"start": "00:08:29", "end": "00:08:32", "text": "this guy is, but it's pretty"}, {"start": "00:08:31", "end": "00:08:34", "text": "interesting. And I and I' I've heard"}, {"start": "00:08:32", "end": "00:08:36", "text": "this story again and again and again. He"}, {"start": "00:08:34", "end": "00:08:38", "text": "says uh here she says, \"Just had the"}, {"start": "00:08:36", "end": "00:08:41", "text": "creepiest scam ever happened 20 minutes"}, {"start": "00:08:38", "end": "00:08:43", "text": "ago. I got a call from my wife telling"}, {"start": "00:08:41", "end": "00:08:45", "text": "me she forgot her wallet and needed a"}, {"start": "00:08:43", "end": "00:08:47", "text": "credit card to pay for gas.\" Here's the"}, {"start": "00:08:45", "end": "00:08:50", "text": "crazy thing. My wife was at home with me"}, {"start": "00:08:47", "end": "00:08:53", "text": "in the house and she drives a Tesla."}, {"start": "00:08:50", "end": "00:08:55", "text": "Same voice but a little bit off. 100%"}, {"start": "00:08:53", "end": "00:08:57", "text": "sounded just like her though. If she"}, {"start": "00:08:55", "end": "00:09:01", "text": "wasn't there and it wasn't about gas, I"}, {"start": "00:08:57", "end": "00:09:03", "text": "would have fallen for it. These scammers"}, {"start": "00:09:01", "end": "00:09:05", "text": "are going to be better faster and"}, {"start": "00:09:03", "end": "00:09:09", "text": "they're going to take more money out of"}, {"start": "00:09:05", "end": "00:09:11", "text": "your pocket than I think the losses that"}, {"start": "00:09:09", "end": "00:09:13", "text": "you could potentially be in. As far as"}, {"start": "00:09:11", "end": "00:09:16", "text": "like with meme coins, I think scammers"}, {"start": "00:09:13", "end": "00:09:19", "text": "are going to"}, {"start": "00:09:16", "end": "00:09:20", "text": "just be so outrageous and get into"}, {"start": "00:09:19", "end": "00:09:23", "text": "people's"}, {"start": "00:09:20", "end": "00:09:24", "text": "savings. It's going to be pretty tough."}, {"start": "00:09:23", "end": "00:09:26", "text": "And the reason is is because they have"}, {"start": "00:09:24", "end": "00:09:28", "text": "stuff like this and also with AI helping"}, {"start": "00:09:26", "end": "00:09:30", "text": "them along the way. So, I wanted you"}, {"start": "00:09:28", "end": "00:09:31", "text": "guys to be aware of that. And then I"}, {"start": "00:09:30", "end": "00:09:34", "text": "thought, well, I've heard this story"}, {"start": "00:09:31", "end": "00:09:36", "text": "before, but when I posted this, even"}, {"start": "00:09:34", "end": "00:09:37", "text": "Goss Robert said, yeah, I got an old"}, {"start": "00:09:36", "end": "00:09:40", "text": "friend who went through some legal"}, {"start": "00:09:37", "end": "00:09:41", "text": "trouble, DUI, etc. They cloned his"}, {"start": "00:09:40", "end": "00:09:44", "text": "voice, made a story that he needed bail"}, {"start": "00:09:41", "end": "00:09:46", "text": "money and payment to lawyer. They knew"}, {"start": "00:09:44", "end": "00:09:48", "text": "his local area and likely police"}, {"start": "00:09:46", "end": "00:09:50", "text": "department court and uh they called his"}, {"start": "00:09:48", "end": "00:09:54", "text": "80-year-old mother and got almost"}, {"start": "00:09:50", "end": "00:09:56", "text": "$10,000 wired out of her. So these are"}, {"start": "00:09:54", "end": "00:09:57", "text": "the things that are happening. So if"}, {"start": "00:09:56", "end": "00:10:00", "text": "you're going to diversify your"}, {"start": "00:09:57", "end": "00:10:03", "text": "portfolio, diversify your storage of"}, {"start": "00:10:00", "end": "00:10:06", "text": "crypto, please. I use iTrust, Tandem,"}, {"start": "00:10:03", "end": "00:10:09", "text": "Ledger, ETFs, and things like that. And"}, {"start": "00:10:06", "end": "00:10:12", "text": "uh don't be a victim. Also, you can also"}, {"start": "00:10:09", "end": "00:10:14", "text": "take a look at uh maybe a little what"}, {"start": "00:10:12", "end": "00:10:15", "text": "what's called a Roth IRA for retirement."}, {"start": "00:10:14", "end": "00:10:18", "text": "I've got it in Bitcoin Gold, but now I"}, {"start": "00:10:15", "end": "00:10:20", "text": "can get stocks. So, that's pretty nice."}, {"start": "00:10:18", "end": "00:10:22", "text": "And uh these are the things we have. You"}, {"start": "00:10:20", "end": "00:10:24", "text": "can also get staking rewards for your"}, {"start": "00:10:22", "end": "00:10:26", "text": "for your IRA, which is a retirement"}, {"start": "00:10:24", "end": "00:10:28", "text": "account, and you can trade within your"}, {"start": "00:10:26", "end": "00:10:30", "text": "retirement account and pay no capital"}, {"start": "00:10:28", "end": "00:10:32", "text": "gains tax. Links in the description,"}, {"start": "00:10:30", "end": "00:10:34", "text": "phone number to call, get all that great"}, {"start": "00:10:32", "end": "00:10:36", "text": "stuff. And that's it for today. So,"}, {"start": "00:10:34", "end": "00:10:37", "text": "look, like today's video, thumbs up,"}, {"start": "00:10:36", "end": "00:10:39", "text": "consider subscribing. we talk about is"}, {"start": "00:10:37", "end": "00:10:42", "text": "time sensitive. Now, let's get into the"}, {"start": "00:10:39", "end": "00:10:44", "text": "fun stuff where we do a little Q&A and I"}, {"start": "00:10:42", "end": "00:10:47", "text": "answer all your questions the best of my"}, {"start": "00:10:44", "end": "00:10:49", "text": "abilities and we will go from there."}, {"start": "00:10:47", "end": "00:10:51", "text": "Let's see. November the hacker thought"}, {"start": "00:10:49", "end": "00:10:55", "text": "it'd be good. It's been studied Fed"}, {"start": "00:10:51", "end": "00:10:57", "text": "watches 88% accurate 30 days into the"}, {"start": "00:10:55", "end": "00:11:00", "text": "decision and near 100% we're only a few"}, {"start": "00:10:57", "end": "00:11:03", "text": "days away. Ah, I didn't know that."}, {"start": "00:11:00", "end": "00:11:04", "text": "Thanks, man. Or man, not for sure. So,"}, {"start": "00:11:03", "end": "00:11:07", "text": "yeah, rate hike is coming. The question"}, {"start": "00:11:04", "end": "00:11:08", "text": "then is, is it priced in like people are"}, {"start": "00:11:07", "end": "00:11:11", "text": "telling me? No, it's just priced in,"}, {"start": "00:11:08", "end": "00:11:13", "text": "Robin. No big deal. Like, yeah, but you"}, {"start": "00:11:11", "end": "00:11:15", "text": "never know. Seems like it's like"}, {"start": "00:11:13", "end": "00:11:16", "text": "everything's priced in and then it's"}, {"start": "00:11:15", "end": "00:11:17", "text": "like the rest of the market's like,"}, {"start": "00:11:16", "end": "00:11:19", "text": "\"What? Huh? Huh?\" And they just start"}, {"start": "00:11:17", "end": "00:11:21", "text": "selling off like crazy and we get a"}, {"start": "00:11:19", "end": "00:11:23", "text": "little bit of a pullback. People buy"}, {"start": "00:11:21", "end": "00:11:26", "text": "that pullback, then it rebounds in like"}, {"start": "00:11:23", "end": "00:11:30", "text": "uh less than 24 hours."}, {"start": "00:11:26", "end": "00:11:32", "text": "Yeah. I like diarrhea clown. Scammers"}, {"start": "00:11:30", "end": "00:11:36", "text": "should be fed to lines."}, {"start": "00:11:32", "end": "00:11:38", "text": "I read this article that of how in like"}, {"start": "00:11:36", "end": "00:11:42", "text": "in different countries they actually"}, {"start": "00:11:38", "end": "00:11:44", "text": "take people captive and they put them in"}, {"start": "00:11:42", "end": "00:11:46", "text": "a sense they're like and these are just"}, {"start": "00:11:44", "end": "00:11:49", "text": "like regular scammers. They take people"}, {"start": "00:11:46", "end": "00:11:52", "text": "captive and they put them in these like"}, {"start": "00:11:49", "end": "00:11:54", "text": "cells essentially jail because they've"}, {"start": "00:11:52", "end": "00:11:56", "text": "been you know taken off the streets or"}, {"start": "00:11:54", "end": "00:11:59", "text": "from wherever they're at and they force"}, {"start": "00:11:56", "end": "00:12:01", "text": "them to call people and be scammers or"}, {"start": "00:11:59", "end": "00:12:03", "text": "they threaten them with killing their"}, {"start": "00:12:01", "end": "00:12:05", "text": "family. So I know like it it sounds like"}, {"start": "00:12:03", "end": "00:12:08", "text": "well you know these people are scum and"}, {"start": "00:12:05", "end": "00:12:10", "text": "they're they're the worst of the world."}, {"start": "00:12:08", "end": "00:12:12", "text": "I think that some definitely are. But I"}, {"start": "00:12:10", "end": "00:12:14", "text": "do think and this is and you can look"}, {"start": "00:12:12", "end": "00:12:16", "text": "this up. I mean, there's a slave trade"}, {"start": "00:12:14", "end": "00:12:18", "text": "going on throughout the entire world."}, {"start": "00:12:16", "end": "00:12:20", "text": "And part of that is people being taken"}, {"start": "00:12:18", "end": "00:12:23", "text": "against their will with a threat to"}, {"start": "00:12:20", "end": "00:12:27", "text": "their family and forced into forced"}, {"start": "00:12:23", "end": "00:12:28", "text": "labor. And the most uh lucrative are"}, {"start": "00:12:27", "end": "00:12:31", "text": "scams."}, {"start": "00:12:28", "end": "00:12:32", "text": "So, the thing is, we can look at this"}, {"start": "00:12:31", "end": "00:12:34", "text": "and say, \"Well, they're the worst people"}, {"start": "00:12:32", "end": "00:12:36", "text": "all the time.\" To me, it's just it's"}, {"start": "00:12:34", "end": "00:12:38", "text": "it's irrelevant at that point. I hear"}, {"start": "00:12:36", "end": "00:12:40", "text": "you. There are some pretty awful people."}, {"start": "00:12:38", "end": "00:12:41", "text": "The big thing is we have to protect"}, {"start": "00:12:40", "end": "00:12:43", "text": "ourselves and we have to be aware of"}, {"start": "00:12:41", "end": "00:12:44", "text": "what's going on and what's happening."}, {"start": "00:12:43", "end": "00:12:47", "text": "And that's why I'm always talking about"}, {"start": "00:12:44", "end": "00:12:49", "text": "these things because it does us no good"}, {"start": "00:12:47", "end": "00:12:50", "text": "if you do the right things, which is,"}, {"start": "00:12:49", "end": "00:12:52", "text": "you know, you buy during the bare"}, {"start": "00:12:50", "end": "00:12:55", "text": "market, your dollar cost average, you"}, {"start": "00:12:52", "end": "00:12:57", "text": "accumulate, you really put things in and"}, {"start": "00:12:55", "end": "00:12:58", "text": "uh you've got a big chunk of that and"}, {"start": "00:12:57", "end": "00:13:00", "text": "then you get screwed over because of"}, {"start": "00:12:58", "end": "00:13:02", "text": "some scammer, whether that be forced"}, {"start": "00:13:00", "end": "00:13:04", "text": "against his will or an actual real piece"}, {"start": "00:13:02", "end": "00:13:05", "text": "of trash."}, {"start": "00:13:04", "end": "00:13:07", "text": "These are the things that I don't want"}, {"start": "00:13:05", "end": "00:13:09", "text": "you guys to go through. So, I'm always"}, {"start": "00:13:07", "end": "00:13:11", "text": "talking about it."}, {"start": "00:13:09", "end": "00:13:14", "text": "Yeah."}, {"start": "00:13:11", "end": "00:13:16", "text": "Yeah. A1 Rising, who was right on the"}, {"start": "00:13:14", "end": "00:13:21", "text": "Trump coin."}, {"start": "00:13:16", "end": "00:13:22", "text": "Yeah. Uh the uh Trump I guess World"}, {"start": "00:13:21", "end": "00:13:25", "text": "Liberty Financial, I guess that's who it"}, {"start": "00:13:22", "end": "00:13:28", "text": "is. They still do own 80% of the Trump"}, {"start": "00:13:25", "end": "00:13:32", "text": "coin itself, you know. Yeah, they sold"}, {"start": "00:13:28", "end": "00:13:34", "text": "20%. But I've known I've known other"}, {"start": "00:13:32", "end": "00:13:36", "text": "other founders who are, you know, doing"}, {"start": "00:13:34", "end": "00:13:38", "text": "the right thing that sold a lot more"}, {"start": "00:13:36", "end": "00:13:39", "text": "than that. Trump gets the blame for not"}, {"start": "00:13:38", "end": "00:13:41", "text": "following through, but he got sued many"}, {"start": "00:13:39", "end": "00:13:43", "text": "times. Get funds from the people. Just a"}, {"start": "00:13:41", "end": "00:13:46", "text": "little research can tell you this. Yeah."}, {"start": "00:13:43", "end": "00:13:49", "text": "But rising, I mean, people are the thing"}, {"start": "00:13:46", "end": "00:13:51", "text": "about Trump"}, {"start": "00:13:49", "end": "00:13:53", "text": "is that people really want him to do"}, {"start": "00:13:51", "end": "00:13:55", "text": "more things. And"}, {"start": "00:13:53", "end": "00:13:57", "text": "and again, like when you see somebody"}, {"start": "00:13:55", "end": "00:13:58", "text": "standing up there and essentially going,"}, {"start": "00:13:57", "end": "00:14:00", "text": "\"I'm going to give you 5,000 bucks. Just"}, {"start": "00:13:58", "end": "00:14:03", "text": "vote for me.\" I just I can't get behind"}, {"start": "00:14:00", "end": "00:14:05", "text": "that. I can't get behind that."}, {"start": "00:14:03", "end": "00:14:07", "text": "It's like some out of idiocracy. Great"}, {"start": "00:14:05", "end": "00:14:09", "text": "seeing at the flip-flop master class,"}, {"start": "00:14:07", "end": "00:14:10", "text": "Rob. Yeah, that was good times."}, {"start": "00:14:09", "end": "00:14:11", "text": "Appreciate you sharing your thoughts."}, {"start": "00:14:10", "end": "00:14:14", "text": "Love the crypto and real estate combo."}, {"start": "00:14:11", "end": "00:14:17", "text": "Love PR. Yeah, Brian. It was uh it was a"}, {"start": "00:14:14", "end": "00:14:20", "text": "good one. I had to, for some reason,"}, {"start": "00:14:17", "end": "00:14:21", "text": "well, first of all, uh now that you're"}, {"start": "00:14:20", "end": "00:14:24", "text": "in Puerto Rico, you know about the"}, {"start": "00:14:21", "end": "00:14:27", "text": "internet issue and the electricity. So,"}, {"start": "00:14:24", "end": "00:14:28", "text": "my uh modem went out, so I had to go"}, {"start": "00:14:27", "end": "00:14:30", "text": "replace that. Then I come in here and"}, {"start": "00:14:28", "end": "00:14:32", "text": "the electricity shuts off. Then my"}, {"start": "00:14:30", "end": "00:14:34", "text": "generator is not working. My golly. But"}, {"start": "00:14:32", "end": "00:14:35", "text": "yeah, it was a good one. We did a a"}, {"start": "00:14:34", "end": "00:14:37", "text": "private session with the Flipflop"}, {"start": "00:14:35", "end": "00:14:38", "text": "Flipper Group, which is all real estate"}, {"start": "00:14:37", "end": "00:14:40", "text": "here in Puerto Rico. If you're not"}, {"start": "00:14:38", "end": "00:14:42", "text": "following that one, if you want to be"}, {"start": "00:14:40", "end": "00:14:44", "text": "into real estate and you want to be in"}, {"start": "00:14:42", "end": "00:14:46", "text": "Puerto Rico, this is the place to be."}, {"start": "00:14:44", "end": "00:14:48", "text": "There are over 300,000 zombie homes"}, {"start": "00:14:46", "end": "00:14:50", "text": "which you can pick up for a mint and you"}, {"start": "00:14:48", "end": "00:14:52", "text": "can flip them and you can and it's not"}, {"start": "00:14:50", "end": "00:14:55", "text": "about like making a ton of money. What"}, {"start": "00:14:52", "end": "00:14:57", "text": "it is is there is a massive housing"}, {"start": "00:14:55", "end": "00:14:59", "text": "shortage here and if you come here and"}, {"start": "00:14:57", "end": "00:15:01", "text": "you can do these things you can set up"}, {"start": "00:14:59", "end": "00:15:04", "text": "people to where they can have affordable"}, {"start": "00:15:01", "end": "00:15:05", "text": "housing and not some dump that the you"}, {"start": "00:15:04", "end": "00:15:08", "text": "know that they they're forced to be"}, {"start": "00:15:05", "end": "00:15:13", "text": "into. So like this is a I think a good"}, {"start": "00:15:08", "end": "00:15:14", "text": "cause. Let's see. Yeah."}, {"start": "00:15:13", "end": "00:15:16", "text": "Uh"}, {"start": "00:15:14", "end": "00:15:20", "text": "yeah, he has a lot more to blame for"}, {"start": "00:15:16", "end": "00:15:20", "text": "other than krypto."}, {"start": "00:15:22", "end": "00:15:29", "text": "Let he who is without sin pass cast the"}, {"start": "00:15:25", "end": "00:15:31", "text": "first stone. We're all we're all"}, {"start": "00:15:29", "end": "00:15:35", "text": "screwing up somewhere, you know, trying"}, {"start": "00:15:31", "end": "00:15:35", "text": "to atone for those sins."}, {"start": "00:15:37", "end": "00:15:40", "text": "Jerry says, \"Hey, Rob, I was just"}, {"start": "00:15:39", "end": "00:15:42", "text": "arrested. I need a little help with"}, {"start": "00:15:40", "end": "00:15:44", "text": "bail. Can you please send 10,000 to my"}, {"start": "00:15:42", "end": "00:15:46", "text": "lawyer? Here's the wire info. Thanks."}, {"start": "00:15:44", "end": "00:15:48", "text": "You're a real friend. That sounds like"}, {"start": "00:15:46", "end": "00:15:51", "text": "something that you'd be like, \"Oh, Jerry"}, {"start": "00:15:48", "end": "00:15:53", "text": "got arrested again. Geez, guy needs to"}, {"start": "00:15:51", "end": "00:15:57", "text": "stay out of jail.\" But, uh, yeah, that's"}, {"start": "00:15:53", "end": "00:15:59", "text": "the that's what you'd be uh with, you"}, {"start": "00:15:57", "end": "00:16:00", "text": "know, like I mean, let's take a look at"}, {"start": "00:15:59", "end": "00:16:02", "text": "the most vulnerable people. the most"}, {"start": "00:16:00", "end": "00:16:04", "text": "vulnerable people are, you know, the"}, {"start": "00:16:02", "end": "00:16:07", "text": "ones of advanced age who have a lot of"}, {"start": "00:16:04", "end": "00:16:10", "text": "money and uh you know don't aren't very"}, {"start": "00:16:07", "end": "00:16:12", "text": "savvy as far as like the uh scams that"}, {"start": "00:16:10", "end": "00:16:13", "text": "are out there. I used to work home"}, {"start": "00:16:12", "end": "00:16:16", "text": "healthcare for over a decade and I can"}, {"start": "00:16:13", "end": "00:16:17", "text": "tell you that we have a many a patient"}, {"start": "00:16:16", "end": "00:16:19", "text": "who would get scammed out and it was"}, {"start": "00:16:17", "end": "00:16:20", "text": "like not a little bit it was like a life"}, {"start": "00:16:19", "end": "00:16:23", "text": "savings type of thing. It was pretty"}, {"start": "00:16:20", "end": "00:16:25", "text": "pretty painful to see. So, this is why"}, {"start": "00:16:23", "end": "00:16:28", "text": "I'm always saying like if you orange"}, {"start": "00:16:25", "end": "00:16:29", "text": "pill somebody, you are responsible for"}, {"start": "00:16:28", "end": "00:16:31", "text": "that person to make sure they don't lose"}, {"start": "00:16:29", "end": "00:16:33", "text": "everything. It's not just about going,"}, {"start": "00:16:31", "end": "00:16:36", "text": "\"Hey, mom,"}, {"start": "00:16:33", "end": "00:16:39", "text": "Bitcoin's awesome and here's why that"}, {"start": "00:16:36", "end": "00:16:41", "text": "you should buy some D.\" And she buys a"}, {"start": "00:16:39", "end": "00:16:43", "text": "bunch and you don't follow up with her"}, {"start": "00:16:41", "end": "00:16:45", "text": "and like, you know, maybe you say, \"Hey,"}, {"start": "00:16:43", "end": "00:16:47", "text": "how's the portfolio? It's going good.\""}, {"start": "00:16:45", "end": "00:16:49", "text": "But you don't talk to her about uh, you"}, {"start": "00:16:47", "end": "00:16:52", "text": "know, custody and where she should put"}, {"start": "00:16:49", "end": "00:16:56", "text": "things and how to be safe."}, {"start": "00:16:52", "end": "00:17:00", "text": "and then she gets uh you know taken out."}, {"start": "00:16:56", "end": "00:17:02", "text": "Those are the things I worry about."}, {"start": "00:17:00", "end": "00:17:03", "text": "Yeah. Elder financial abuse is the"}, {"start": "00:17:02", "end": "00:17:06", "text": "highest it has ever been. It happened"}, {"start": "00:17:03", "end": "00:17:10", "text": "back back when I was doing it too. Back"}, {"start": "00:17:06", "end": "00:17:12", "text": "when I was doing home health."}, {"start": "00:17:10", "end": "00:17:14", "text": "Yes. And Robbie Trust sent him two"}, {"start": "00:17:12", "end": "00:17:18", "text": "bitcoins and we and he will send back"}, {"start": "00:17:14", "end": "00:17:20", "text": "one. No. No. No. Uh I will send you I"}, {"start": "00:17:18", "end": "00:17:22", "text": "will send you two bitcoins if you send"}, {"start": "00:17:20", "end": "00:17:27", "text": "me one. And of course, if you hear that,"}, {"start": "00:17:22", "end": "00:17:27", "text": "you know that's a lie. Let's see."}, {"start": "00:17:28", "end": "00:17:33", "text": "Austin, Dallas looks like a massive"}, {"start": "00:17:30", "end": "00:17:36", "text": "microchip corridor. Yeah. Also in El"}, {"start": "00:17:33", "end": "00:17:38", "text": "Paso, there's a a big massive"}, {"start": "00:17:36", "end": "00:17:40", "text": "uh data center being built right down"}, {"start": "00:17:38", "end": "00:17:42", "text": "the street from me. So quite"}, {"start": "00:17:40", "end": "00:17:45", "text": "interesting. I mean, I don't live there"}, {"start": "00:17:42", "end": "00:17:47", "text": "anymore. I go back. I I vacation in El"}, {"start": "00:17:45", "end": "00:17:50", "text": "Paso and when I come to Puerto Rico, I"}, {"start": "00:17:47", "end": "00:17:52", "text": "just I'm just here to work essentially."}, {"start": "00:17:50", "end": "00:17:54", "text": "Here to work on the properties, here to"}, {"start": "00:17:52", "end": "00:17:56", "text": "work on all the different problems, you"}, {"start": "00:17:54", "end": "00:17:57", "text": "know, do things in crypto. But when I go"}, {"start": "00:17:56", "end": "00:17:59", "text": "back to El Paso, that's when I get to"}, {"start": "00:17:57", "end": "00:18:02", "text": "like relax."}, {"start": "00:17:59", "end": "00:18:02", "text": "Uh"}, {"start": "00:18:07", "end": "00:18:15", "text": "yeah, a lot of comments on Trump."}, {"start": "00:18:12", "end": "00:18:18", "text": "I know. These days I'm just like h it's"}, {"start": "00:18:15", "end": "00:18:19", "text": "exhausting. The only thing that's not"}, {"start": "00:18:18", "end": "00:18:22", "text": "exhausting is talking about uh"}, {"start": "00:18:19", "end": "00:18:25", "text": "portfolios and crypto and trying to"}, {"start": "00:18:22", "end": "00:18:28", "text": "raise funds for animal shelters. That's"}, {"start": "00:18:25", "end": "00:18:31", "text": "not a bad thing. And I can I can do that"}, {"start": "00:18:28", "end": "00:18:33", "text": "all day long. It's more fun. like, you"}, {"start": "00:18:31", "end": "00:18:36", "text": "know, if you if you guys are going to"}, {"start": "00:18:33", "end": "00:18:38", "text": "come to the uh into the cryptoverse um"}, {"start": "00:18:36", "end": "00:18:40", "text": "conference on November 20th to 22nd in"}, {"start": "00:18:38", "end": "00:18:43", "text": "Miami, uh we'll talk crypto and we'll"}, {"start": "00:18:40", "end": "00:18:45", "text": "probably drink some beers and uh I can"}, {"start": "00:18:43", "end": "00:18:46", "text": "do that all day long. So, yeah, no"}, {"start": "00:18:45", "end": "00:18:50", "text": "problems. But when we start talking"}, {"start": "00:18:46", "end": "00:18:52", "text": "about politics, I pretty much zone out."}, {"start": "00:18:50", "end": "00:18:54", "text": "Let's see. Shinsza says, \"Hey Rob, I"}, {"start": "00:18:52", "end": "00:18:55", "text": "already have a ledger in Tandem. Think"}, {"start": "00:18:54", "end": "00:18:57", "text": "about getting a third wallet. Any"}, {"start": "00:18:55", "end": "00:19:00", "text": "suggestions?\" Shinsza, I don't on this"}, {"start": "00:18:57", "end": "00:19:02", "text": "one. No, I only use those two and I get"}, {"start": "00:19:00", "end": "00:19:04", "text": "a lot of requests for me to review"}, {"start": "00:19:02", "end": "00:19:05", "text": "wallets and talk about different"}, {"start": "00:19:04", "end": "00:19:07", "text": "wallets. I just won't do it because"}, {"start": "00:19:05", "end": "00:19:09", "text": "these ones have never been hacked and I"}, {"start": "00:19:07", "end": "00:19:11", "text": "don't want to go down that route. Only I"}, {"start": "00:19:09", "end": "00:19:14", "text": "would say is, you know, the ITR thing is"}, {"start": "00:19:11", "end": "00:19:16", "text": "is pretty solid. And if you talk to"}, {"start": "00:19:14", "end": "00:19:18", "text": "them,"}, {"start": "00:19:16", "end": "00:19:21", "text": "uh, they'll kind of reveal the process"}, {"start": "00:19:18", "end": "00:19:23", "text": "of getting your your cryp. First of all,"}, {"start": "00:19:21", "end": "00:19:26", "text": "you can't get your crypto out once it's"}, {"start": "00:19:23", "end": "00:19:28", "text": "there. You and it's custody for you. you"}, {"start": "00:19:26", "end": "00:19:31", "text": "can't move it out and it takes about 10"}, {"start": "00:19:28", "end": "00:19:34", "text": "days to get the cash out and there is a"}, {"start": "00:19:31", "end": "00:19:38", "text": "lot of hoops to go through. It involves"}, {"start": "00:19:34", "end": "00:19:41", "text": "uh conferences and pictures and video"}, {"start": "00:19:38", "end": "00:19:43", "text": "and it's pretty when I was when I went"}, {"start": "00:19:41", "end": "00:19:46", "text": "there I'm like there's not a snowballs"}, {"start": "00:19:43", "end": "00:19:48", "text": "chance in hell that any of these hackers"}, {"start": "00:19:46", "end": "00:19:50", "text": "will be able to get these funds out and"}, {"start": "00:19:48", "end": "00:19:51", "text": "that's what I liked. I mean it sucked"}, {"start": "00:19:50", "end": "00:19:54", "text": "because you had to wait for so long but"}, {"start": "00:19:51", "end": "00:19:56", "text": "that's it."}, {"start": "00:19:54", "end": "00:19:58", "text": "Jose says ponds to make it back to a"}, {"start": "00:19:56", "end": "00:19:59", "text": "buck. That's what I'm waiting for this"}, {"start": "00:19:58", "end": "00:20:01", "text": "month. We talked about ponds and we"}, {"start": "00:19:59", "end": "00:20:03", "text": "talked about chicken as just like a"}, {"start": "00:20:01", "end": "00:20:05", "text": "gamble, which it is a gamble. And so"}, {"start": "00:20:03", "end": "00:20:08", "text": "far, like I put a hundred bucks in ponds"}, {"start": "00:20:05", "end": "00:20:10", "text": "and a 100 bucks in chicken. And so far"}, {"start": "00:20:08", "end": "00:20:14", "text": "I'm actually up on chicken, I think. But"}, {"start": "00:20:10", "end": "00:20:16", "text": "I'm down like uh I want to say 25 bucks"}, {"start": "00:20:14", "end": "00:20:18", "text": "on ponds. Very disappointed in that. I"}, {"start": "00:20:16", "end": "00:20:22", "text": "am down to $75, but this is what we"}, {"start": "00:20:18", "end": "00:20:25", "text": "gamble for because it's fun."}, {"start": "00:20:22", "end": "00:20:27", "text": "Yeah. No spin. Enjoy the weekend. Yeah,"}, {"start": "00:20:25", "end": "00:20:28", "text": "Ellie Pal. Those are the ones that"}, {"start": "00:20:27", "end": "00:20:32", "text": "actually contact me. I actually review,"}, {"start": "00:20:28", "end": "00:20:32", "text": "but I'm like"}, {"start": "00:20:33", "end": "00:20:37", "text": "and I think that's it."}, {"start": "00:20:37", "end": "00:20:40", "text": "Wow. Jimmy says, \"I didn't know this"}, {"start": "00:20:39", "end": "00:20:43", "text": "one. I had my next door neighbor get"}, {"start": "00:20:40", "end": "00:20:46", "text": "scammed over a phone scam on a refund"}, {"start": "00:20:43", "end": "00:20:48", "text": "scam and she sent 11,000 in gift cards"}, {"start": "00:20:46", "end": "00:20:51", "text": "of the scammers."}, {"start": "00:20:48", "end": "00:20:52", "text": "Man, that sucks. It happens all the"}, {"start": "00:20:51", "end": "00:20:54", "text": "time. And people are like, \"Well, how"}, {"start": "00:20:52", "end": "00:20:56", "text": "would that's ridiculous. How would they"}, {"start": "00:20:54", "end": "00:21:00", "text": "how could they not figure it out?\" Trust"}, {"start": "00:20:56", "end": "00:21:02", "text": "me, advanced age, those pe, you know,"}, {"start": "00:21:00", "end": "00:21:03", "text": "the elderly,"}, {"start": "00:21:02", "end": "00:21:04", "text": "they're the ones that are the most"}, {"start": "00:21:03", "end": "00:21:06", "text": "susceptible and they're the ones that"}, {"start": "00:21:04", "end": "00:21:08", "text": "are the easiest target. And that's why"}, {"start": "00:21:06", "end": "00:21:09", "text": "these scammers and they're, and let's be"}, {"start": "00:21:08", "end": "00:21:12", "text": "honest, those are the ones that still"}, {"start": "00:21:09", "end": "00:21:13", "text": "pick up a phone. Remember that? Picking"}, {"start": "00:21:12", "end": "00:21:16", "text": "up a phone and taking a call. Those were"}, {"start": "00:21:13", "end": "00:21:16", "text": "the days."}, {"start": "00:21:16", "end": "00:21:21", "text": "See, and Sky says it. I have tested my"}, {"start": "00:21:18", "end": "00:21:23", "text": "82-y old mom and stepdad. They both"}, {"start": "00:21:21", "end": "00:21:26", "text": "failed miserably. Gave me their credit"}, {"start": "00:21:23", "end": "00:21:28", "text": "card to help out a fake family member."}, {"start": "00:21:26", "end": "00:21:30", "text": "I'm telling you right I am telling you"}, {"start": "00:21:28", "end": "00:21:31", "text": "right there. You are your brother's"}, {"start": "00:21:30", "end": "00:21:33", "text": "keeper. You have to make sure that"}, {"start": "00:21:31", "end": "00:21:35", "text": "they're protected because if not they"}, {"start": "00:21:33", "end": "00:21:37", "text": "will get uh scammed. It'll it's"}, {"start": "00:21:35", "end": "00:21:40", "text": "inevitable. It's not a question of if,"}, {"start": "00:21:37", "end": "00:21:44", "text": "it's when."}, {"start": "00:21:40", "end": "00:21:48", "text": "Yeah. So naive. The most naive person of"}, {"start": "00:21:44", "end": "00:21:51", "text": "all time. They're the most naive."}, {"start": "00:21:48", "end": "00:21:54", "text": "Yeah. Oh, and then I wanted to finish"}, {"start": "00:21:51", "end": "00:21:58", "text": "with this. Bitcoin's giving it all back."}, {"start": "00:21:54", "end": "00:21:59", "text": "Well, that's not good. Let's see."}, {"start": "00:21:58", "end": "00:22:03", "text": "I didn't want to Well, I didn't want to"}, {"start": "00:21:59", "end": "00:22:07", "text": "finish, but I'm just curious. 78,628."}, {"start": "00:22:03", "end": "00:22:10", "text": "Wow, that was Now it's Wow."}, {"start": "00:22:07", "end": "00:22:13", "text": "And now I want to s lost $1,000. See,"}, {"start": "00:22:10", "end": "00:22:15", "text": "maybe I'm maybe this is correct. But no,"}, {"start": "00:22:13", "end": "00:22:16", "text": "I want you I want you to see this. I"}, {"start": "00:22:15", "end": "00:22:19", "text": "wanted to cover this story, but it"}, {"start": "00:22:16", "end": "00:22:24", "text": "wasn't time. I thought this was a good"}, {"start": "00:22:19", "end": "00:22:24", "text": "move. Hey, there I am."}, {"start": "00:22:25", "end": "00:22:31", "text": "Buy Adam back and and Blockstream."}, {"start": "00:22:29", "end": "00:22:33", "text": "Remember that hack that just happened uh"}, {"start": "00:22:31", "end": "00:22:35", "text": "I don't know three or four days ago,"}, {"start": "00:22:33", "end": "00:22:36", "text": "maybe last week, I forget. But uh"}, {"start": "00:22:35", "end": "00:22:39", "text": "Blockstream has a side chain called"}, {"start": "00:22:36", "end": "00:22:43", "text": "Liquid Liquid Network and it's all"}, {"start": "00:22:39", "end": "00:22:44", "text": "Bitcoin based and hackers were able to"}, {"start": "00:22:43", "end": "00:22:48", "text": "extract"}, {"start": "00:22:44", "end": "00:22:51", "text": "over 4,000 Bitcoin. They gave 3,400"}, {"start": "00:22:48", "end": "00:22:52", "text": "Bitcoin back, but they kept 598. And"}, {"start": "00:22:51", "end": "00:22:54", "text": "they said, \"Hey, we're white hat"}, {"start": "00:22:52", "end": "00:22:57", "text": "hackers. We're going to give you 3,400"}, {"start": "00:22:54", "end": "00:22:59", "text": "Bitcoin back.\" And I thought that"}, {"start": "00:22:57", "end": "00:23:03", "text": "Blockstream like, \"Sure, we'll take"}, {"start": "00:22:59", "end": "00:23:06", "text": "Thank you.\" But they said, \"Now it comes"}, {"start": "00:23:03", "end": "00:23:07", "text": "to light that Adam back and Blockstream"}, {"start": "00:23:06", "end": "00:23:10", "text": "are saying, you're going to give them"}, {"start": "00:23:07", "end": "00:23:12", "text": "all back or we're going to get the"}, {"start": "00:23:10", "end": "00:23:14", "text": "authorities involved and we're going to"}, {"start": "00:23:12", "end": "00:23:16", "text": "make sure that we find you.\" And I gota"}, {"start": "00:23:14", "end": "00:23:19", "text": "I got to commend them for doing that."}, {"start": "00:23:16", "end": "00:23:22", "text": "for standing up to the hackers"}, {"start": "00:23:19", "end": "00:23:24", "text": "and saying, \"No, we're not going to play"}, {"start": "00:23:22", "end": "00:23:26", "text": "this game. We don't negotiate with"}, {"start": "00:23:24", "end": "00:23:29", "text": "terrorists.\" You know what I mean? And"}, {"start": "00:23:26", "end": "00:23:32", "text": "that's good. But on the same side of it,"}, {"start": "00:23:29", "end": "00:23:35", "text": "I will say one thing, which is uh"}, {"start": "00:23:32", "end": "00:23:37", "text": "Blockstream messed up. They're the ones"}, {"start": "00:23:35", "end": "00:23:41", "text": "that should have been protecting their"}, {"start": "00:23:37", "end": "00:23:44", "text": "product and they didn't. So yeah, I"}, {"start": "00:23:41", "end": "00:23:46", "text": "think 400 or 590 bitcoins is extortion,"}, {"start": "00:23:44", "end": "00:23:48", "text": "but it's not like these guys are off the"}, {"start": "00:23:46", "end": "00:23:51", "text": "hook. You know, if it wasn't for these"}, {"start": "00:23:48", "end": "00:23:52", "text": "white hat hackers giving giving back"}, {"start": "00:23:51", "end": "00:23:54", "text": "3,400,"}, {"start": "00:23:52", "end": "00:23:57", "text": "they would have lost it all. Take a look"}, {"start": "00:23:54", "end": "00:23:58", "text": "at uh Cold Card. So to me, I took a look"}, {"start": "00:23:57", "end": "00:23:59", "text": "at this, I'm like, that's a positive"}, {"start": "00:23:58", "end": "00:24:01", "text": "thing and good for them. But in all"}, {"start": "00:23:59", "end": "00:24:03", "text": "honesty,"}, {"start": "00:24:01", "end": "00:24:04", "text": "they're the ones that made the mistake"}, {"start": "00:24:03", "end": "00:24:06", "text": "and they're the ones that allowed the"}, {"start": "00:24:04", "end": "00:24:07", "text": "hackers to do it and they're the ones"}, {"start": "00:24:06", "end": "00:24:09", "text": "that lost those funds. They actually"}, {"start": "00:24:07", "end": "00:24:12", "text": "should pay these guys a little bit for"}, {"start": "00:24:09", "end": "00:24:13", "text": "doing that service and helping them out."}, {"start": "00:24:12", "end": "00:24:15", "text": "Anyhow,"}, {"start": "00:24:13", "end": "00:24:16", "text": "neither here nor there. That's it for"}, {"start": "00:24:15", "end": "00:24:18", "text": "today. Everybody, if you like today's"}, {"start": "00:24:16", "end": "00:24:20", "text": "video, thumbs up, subscribe, all that"}, {"start": "00:24:18", "end": "00:24:21", "text": "great stuff. We've got uh one on"}, {"start": "00:24:20", "end": "00:24:22", "text": "Saturday. I got some things going on"}, {"start": "00:24:21", "end": "00:24:24", "text": "Saturday. I don't know if we'll do the"}, {"start": "00:24:22", "end": "00:24:26", "text": "live stream, but definitely Sunday with"}, {"start": "00:24:24", "end": "00:24:28", "text": "Jerry from Costa Rica. But that's it."}, {"start": "00:24:26", "end": "00:24:30", "text": "Thanks everybody. Enjoy this uh green"}, {"start": "00:24:28", "end": "00:24:32", "text": "day. I don't know if it's going to last."}, {"start": "00:24:30", "end": "00:24:32", "text": "That's"}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Market volatility underway. ETH is"}, {"start": "00:00:02", "end": "00:00:05", "text": "actually out there in front today. We'll"}, {"start": "00:00:04", "end": "00:00:08", "text": "be breaking that down for you guys to"}, {"start": "00:00:05", "end": "00:00:10", "text": "get into a full understanding of what is"}, {"start": "00:00:08", "end": "00:00:11", "text": "happening. Before we do that, I want to"}, {"start": "00:00:10", "end": "00:00:13", "text": "thank our sponsor and that's Itrust"}, {"start": "00:00:11", "end": "00:00:16", "text": "Capital where you guys can get into your"}, {"start": "00:00:13", "end": "00:00:18", "text": "own crypto IRA, cryptocurrency, stocks,"}, {"start": "00:00:16", "end": "00:00:20", "text": "gold, and silver. All available over on"}, {"start": "00:00:18", "end": "00:00:22", "text": "iTrust Capital. One account, unlimited"}, {"start": "00:00:20", "end": "00:00:24", "text": "possibilities. This is one of the"}, {"start": "00:00:22", "end": "00:00:26", "text": "platforms. They've been around for quite"}, {"start": "00:00:24", "end": "00:00:28", "text": "a while. You guys can go over and use"}, {"start": "00:00:26", "end": "00:00:31", "text": "them. If you have a current IRA, you can"}, {"start": "00:00:28", "end": "00:00:34", "text": "transfer that. If you want to start a"}, {"start": "00:00:31", "end": "00:00:36", "text": "brand new IRA, you can also do that as"}, {"start": "00:00:34", "end": "00:00:37", "text": "well. So, just use our link down below."}, {"start": "00:00:36", "end": "00:00:39", "text": "It's going to give you a $100 funding"}, {"start": "00:00:37", "end": "00:00:40", "text": "reward to get started. And you're going"}, {"start": "00:00:39", "end": "00:00:42", "text": "to have to start tax planning soon. And"}, {"start": "00:00:40", "end": "00:00:44", "text": "I are one of the diversification things"}, {"start": "00:00:42", "end": "00:00:47", "text": "that you should be doing to set yourself"}, {"start": "00:00:44", "end": "00:00:49", "text": "up for success. I want to lead off with"}, {"start": "00:00:47", "end": "00:00:51", "text": "this tweet right here because this kind"}, {"start": "00:00:49", "end": "00:00:54", "text": "of says it. And that is that the stock"}, {"start": "00:00:51", "end": "00:00:56", "text": "market has just added 700 billion. Uh"}, {"start": "00:00:54", "end": "00:00:58", "text": "this is on Friday's open core CPI fell"}, {"start": "00:00:56", "end": "00:01:01", "text": "to fiveyear low. That's one point that"}, {"start": "00:00:58", "end": "00:01:03", "text": "started to move this. So you not only"}, {"start": "00:01:01", "end": "00:01:06", "text": "have the S&P, you also have NASDAQ up"}, {"start": "00:01:03", "end": "00:01:09", "text": "80. Uh the Dow up 104. So we're talking"}, {"start": "00:01:06", "end": "00:01:12", "text": "about a major move that could"}, {"start": "00:01:09", "end": "00:01:13", "text": "potentially start a bull run. Maybe"}, {"start": "00:01:12", "end": "00:01:15", "text": "that's where we're heading. One other"}, {"start": "00:01:13", "end": "00:01:18", "text": "point to kind of get at is that the"}, {"start": "00:01:15", "end": "00:01:20", "text": "shorts got shorted. 250 million in"}, {"start": "00:01:18", "end": "00:01:22", "text": "shorts liquidated the last 60 minutes."}, {"start": "00:01:20", "end": "00:01:24", "text": "Continue to push on that. And you've got"}, {"start": "00:01:22", "end": "00:01:27", "text": "Tom Lee out there right now looking at"}, {"start": "00:01:24", "end": "00:01:29", "text": "what we call a face ripper in this"}, {"start": "00:01:27", "end": "00:01:32", "text": "market. And that is those green candles"}, {"start": "00:01:29", "end": "00:01:33", "text": "that start to move like that. This"}, {"start": "00:01:32", "end": "00:01:35", "text": "morning when we were doing the research"}, {"start": "00:01:33", "end": "00:01:38", "text": "and I hit that and I saw this green"}, {"start": "00:01:35", "end": "00:01:40", "text": "candle moving, the first thing we were"}, {"start": "00:01:38", "end": "00:01:42", "text": "scrambling for is to understand why."}, {"start": "00:01:40", "end": "00:01:45", "text": "There's several reasons or thesis that"}, {"start": "00:01:42", "end": "00:01:47", "text": "could be behind this. Some of it could"}, {"start": "00:01:45", "end": "00:01:49", "text": "be of course geared toward these yield"}, {"start": "00:01:47", "end": "00:01:51", "text": "coins. anything that's earning yield out"}, {"start": "00:01:49", "end": "00:01:53", "text": "there. You've got Salana on the move,"}, {"start": "00:01:51", "end": "00:01:55", "text": "ETH on the move. There's also things"}, {"start": "00:01:53", "end": "00:01:58", "text": "that could still come out of DC that"}, {"start": "00:01:55", "end": "00:02:00", "text": "could be preempting some of this. So,"}, {"start": "00:01:58", "end": "00:02:03", "text": "it's a lot to look for. If you look at"}, {"start": "00:02:00", "end": "00:02:05", "text": "Ethereum reclaiming 2600 for the first"}, {"start": "00:02:03", "end": "00:02:09", "text": "time in 7 months, Bitcoin also above"}, {"start": "00:02:05", "end": "00:02:12", "text": "79K. That's $3,200 in the last 90"}, {"start": "00:02:09", "end": "00:02:14", "text": "minutes. 127 billion has now been added"}, {"start": "00:02:12", "end": "00:02:17", "text": "to the crypto market. That's a big move,"}, {"start": "00:02:14", "end": "00:02:20", "text": "guys. Are you playing this market right"}, {"start": "00:02:17", "end": "00:02:23", "text": "now? Were you in it previously? And are"}, {"start": "00:02:20", "end": "00:02:24", "text": "you looking for another dip to try to"}, {"start": "00:02:23", "end": "00:02:26", "text": "get back in? Let me know in the comments"}, {"start": "00:02:24", "end": "00:02:27", "text": "down below. And by the way, if you're"}, {"start": "00:02:26", "end": "00:02:29", "text": "not subscribed, make sure and do that"}, {"start": "00:02:27", "end": "00:02:31", "text": "right now because we're going to be"}, {"start": "00:02:29", "end": "00:02:34", "text": "going live next week with the FOMC. And"}, {"start": "00:02:31", "end": "00:02:37", "text": "this is might be the biggest one yet in"}, {"start": "00:02:34", "end": "00:02:38", "text": "terms of do we get a rate hike? And I'll"}, {"start": "00:02:37", "end": "00:02:40", "text": "explain more about that here in a"}, {"start": "00:02:38", "end": "00:02:42", "text": "second. I want to jump over to the chart"}, {"start": "00:02:40", "end": "00:02:43", "text": "real quick"}, {"start": "00:02:42", "end": "00:02:46", "text": "and just show you something, guys. If we"}, {"start": "00:02:43", "end": "00:02:48", "text": "get a close, we are sitting on the ETH"}, {"start": "00:02:46", "end": "00:02:50", "text": "Bitcoin chart right here. This could be"}, {"start": "00:02:48", "end": "00:02:53", "text": "the breakout moment for Ethereum. So, if"}, {"start": "00:02:50", "end": "00:02:55", "text": "we take it out uh for a little bit, you"}, {"start": "00:02:53", "end": "00:02:56", "text": "could take a look at this right here"}, {"start": "00:02:55", "end": "00:02:59", "text": "around 3,000. This is kind of the target"}, {"start": "00:02:56", "end": "00:03:01", "text": "that I'm zoning in on for ETH. Now,"}, {"start": "00:02:59", "end": "00:03:03", "text": "granted, does this happen in September?"}, {"start": "00:03:01", "end": "00:03:05", "text": "Maybe. There's still a lot of volatility"}, {"start": "00:03:03", "end": "00:03:08", "text": "I believe, but also there is a lot"}, {"start": "00:03:05", "end": "00:03:11", "text": "brewing that could place digital assets"}, {"start": "00:03:08", "end": "00:03:13", "text": "in the crosshairs both for an"}, {"start": "00:03:11", "end": "00:03:15", "text": "opportunity to grow if you're in the"}, {"start": "00:03:13", "end": "00:03:17", "text": "right one. So, uh make sure and follow"}, {"start": "00:03:15", "end": "00:03:19", "text": "those very closely. Some of the ones of"}, {"start": "00:03:17", "end": "00:03:21", "text": "course we'll be following today will uh"}, {"start": "00:03:19", "end": "00:03:23", "text": "initiate here on the show. But one of"}, {"start": "00:03:21", "end": "00:03:25", "text": "course traders right now forecasting ETH"}, {"start": "00:03:23", "end": "00:03:28", "text": "out to 2,800 this month. I think it"}, {"start": "00:03:25", "end": "00:03:30", "text": "actually might get a little bit stronger"}, {"start": "00:03:28", "end": "00:03:32", "text": "if we continue on this cycle right now."}, {"start": "00:03:30", "end": "00:03:34", "text": "And also remember there's other things"}, {"start": "00:03:32", "end": "00:03:36", "text": "that are still guiding this market. If"}, {"start": "00:03:34", "end": "00:03:38", "text": "you look at the AI trade, the amount of"}, {"start": "00:03:36", "end": "00:03:42", "text": "earnings that are being done by the S&P"}, {"start": "00:03:38", "end": "00:03:44", "text": "500 continue to push this market up"}, {"start": "00:03:42", "end": "00:03:46", "text": "significantly. I want to go to a clip"}, {"start": "00:03:44", "end": "00:03:47", "text": "real quick. This is from the rollup and"}, {"start": "00:03:46", "end": "00:03:49", "text": "they were kind of looking at ETH and"}, {"start": "00:03:47", "end": "00:03:52", "text": "where it could go from here. Take a"}, {"start": "00:03:49", "end": "00:03:56", "text": "look. If we get the tokenization"}, {"start": "00:03:52", "end": "00:03:58", "text": "exemption from the SEC,"}, {"start": "00:03:56", "end": "00:04:01", "text": "I think Ethereum has the chance to"}, {"start": "00:03:58", "end": "00:04:04", "text": "double in an extremely short period of"}, {"start": "00:04:01", "end": "00:04:07", "text": "time. We would get this exemption in the"}, {"start": "00:04:04", "end": "00:04:10", "text": "next one to two weeks. I think there's a"}, {"start": "00:04:07", "end": "00:04:13", "text": "very very very"}, {"start": "00:04:10", "end": "00:04:17", "text": "probabilistic way to look at Ethereum as"}, {"start": "00:04:13", "end": "00:04:21", "text": "the most bullish way to express the"}, {"start": "00:04:17", "end": "00:04:23", "text": "tokenization bull thesis in one asset. I"}, {"start": "00:04:21", "end": "00:04:26", "text": "think it has the potential to double."}, {"start": "00:04:23", "end": "00:04:29", "text": "I think 4K is in is in range if not a"}, {"start": "00:04:26", "end": "00:04:33", "text": "little more if the SEC tokenization"}, {"start": "00:04:29", "end": "00:04:35", "text": "exemption hits and Bitcoin is also"}, {"start": "00:04:33", "end": "00:04:38", "text": "pushing up. I think Ethereum could could"}, {"start": "00:04:35", "end": "00:04:40", "text": "absolutely fly."}, {"start": "00:04:38", "end": "00:04:42", "text": ">> All right. So, uh, Andy there kind of"}, {"start": "00:04:40", "end": "00:04:44", "text": "hitting on that and I think the point is"}, {"start": "00:04:42", "end": "00:04:46", "text": "this. When you look at Ethereum and what"}, {"start": "00:04:44", "end": "00:04:49", "text": "it has done in the past, it has been a"}, {"start": "00:04:46", "end": "00:04:51", "text": "little bit of a sleeper token and now"}, {"start": "00:04:49", "end": "00:04:52", "text": "we're seeing movement like this when the"}, {"start": "00:04:51", "end": "00:04:55", "text": "rest of the market didn't necessarily"}, {"start": "00:04:52", "end": "00:04:59", "text": "take off. And in fact, Bitcoin actually"}, {"start": "00:04:55", "end": "00:05:02", "text": "lagged behind it. Salana also. So, is it"}, {"start": "00:04:59", "end": "00:05:04", "text": "possible that we could see maybe an"}, {"start": "00:05:02", "end": "00:05:06", "text": "early indicator right now coming out of"}, {"start": "00:05:04", "end": "00:05:08", "text": "the SEC that could kind of agree with"}, {"start": "00:05:06", "end": "00:05:10", "text": "what Andy was talking about? I think"}, {"start": "00:05:08", "end": "00:05:11", "text": "this could be the point. And now,"}, {"start": "00:05:10", "end": "00:05:14", "text": "everybody's been looking at ETH for"}, {"start": "00:05:11", "end": "00:05:17", "text": "years and always disappointed of how it"}, {"start": "00:05:14", "end": "00:05:19", "text": "performs. Tom Lee though kind of jumps"}, {"start": "00:05:17", "end": "00:05:21", "text": "in on this one. Take a look."}, {"start": "00:05:19", "end": "00:05:24", "text": ">> What's driving performance in markets"}, {"start": "00:05:21", "end": "00:05:27", "text": "since June 30th? We're 2 months into the"}, {"start": "00:05:24", "end": "00:05:30", "text": "third quarter and the best performing"}, {"start": "00:05:27", "end": "00:05:32", "text": "asset remains crypto. Of the top 21"}, {"start": "00:05:30", "end": "00:05:36", "text": "stocks in the Russell 1000,"}, {"start": "00:05:32", "end": "00:05:38", "text": "four of the top 21 are crypto names."}, {"start": "00:05:36", "end": "00:05:40", "text": "That's a lot of attribution coming from"}, {"start": "00:05:38", "end": "00:05:42", "text": "the crypto sector and so we are buying"}, {"start": "00:05:40", "end": "00:05:46", "text": "the dips. All right. So there you have"}, {"start": "00:05:42", "end": "00:05:49", "text": "it. I mean Tom is maybe right. He has"}, {"start": "00:05:46", "end": "00:05:51", "text": "been pushing for a potential market"}, {"start": "00:05:49", "end": "00:05:53", "text": "surge at before the end of the year."}, {"start": "00:05:51", "end": "00:05:56", "text": "He's talked about this for months. Is he"}, {"start": "00:05:53", "end": "00:05:58", "text": "right on that? When you look at BMR in"}, {"start": "00:05:56", "end": "00:06:00", "text": "general, it is on the verge of a"}, {"start": "00:05:58", "end": "00:06:03", "text": "breakout and this is edging against a"}, {"start": "00:06:00", "end": "00:06:07", "text": "resistance that has been a little bit"}, {"start": "00:06:03", "end": "00:06:08", "text": "kind of thwarted around 26 bucks. So,"}, {"start": "00:06:07", "end": "00:06:11", "text": "would you let me ask you guys this,"}, {"start": "00:06:08", "end": "00:06:12", "text": "would you bet on BitMine in this"}, {"start": "00:06:11", "end": "00:06:14", "text": "particular case or would you go direct"}, {"start": "00:06:12", "end": "00:06:15", "text": "to the asset? Now, I know a lot of you"}, {"start": "00:06:14", "end": "00:06:18", "text": "out there, maybe you're brand new to"}, {"start": "00:06:15", "end": "00:06:20", "text": "crypto. You might go the BMR route and"}, {"start": "00:06:18", "end": "00:06:22", "text": "get exposure to Ethereum. But for those"}, {"start": "00:06:20", "end": "00:06:24", "text": "of you who have been in crypto, would"}, {"start": "00:06:22", "end": "00:06:26", "text": "you diversify at all? Let me know in the"}, {"start": "00:06:24", "end": "00:06:28", "text": "comments down below. And let me know"}, {"start": "00:06:26", "end": "00:06:30", "text": "your thoughts. Why do you think ETH is"}, {"start": "00:06:28", "end": "00:06:32", "text": "leading the charge here on a weekend?"}, {"start": "00:06:30", "end": "00:06:35", "text": "And remember, we still have a very"}, {"start": "00:06:32", "end": "00:06:37", "text": "active weekend ahead of us that could"}, {"start": "00:06:35", "end": "00:06:39", "text": "keep things moving. And when you look at"}, {"start": "00:06:37", "end": "00:06:42", "text": "this right now, stocks, Bitcoin, and"}, {"start": "00:06:39", "end": "00:06:44", "text": "gold are all rallying at the same data"}, {"start": "00:06:42", "end": "00:06:47", "text": "that just put the Fed rate hike odds to"}, {"start": "00:06:44", "end": "00:06:49", "text": "85%. Here's a couple key points uh right"}, {"start": "00:06:47", "end": "00:06:52", "text": "here. risk assets rallied across the"}, {"start": "00:06:49", "end": "00:06:54", "text": "board on data uh on this data coming in"}, {"start": "00:06:52", "end": "00:06:57", "text": "on the CPI uh stocks, Bitcoin, gold,"}, {"start": "00:06:54", "end": "00:06:59", "text": "silver, all moved at once. But but ETH"}, {"start": "00:06:57", "end": "00:07:01", "text": "led the way on all of this. And I think"}, {"start": "00:06:59", "end": "00:07:03", "text": "this is the market, I would agree,"}, {"start": "00:07:01", "end": "00:07:05", "text": "betting that cooling core inflation now"}, {"start": "00:07:03", "end": "00:07:08", "text": "is going to give the Fed a little bit of"}, {"start": "00:07:05", "end": "00:07:11", "text": "ease around holding rates steady or"}, {"start": "00:07:08", "end": "00:07:12", "text": "possibly an even a cut later this year."}, {"start": "00:07:11", "end": "00:07:15", "text": "Because this is the point everybody's"}, {"start": "00:07:12", "end": "00:07:18", "text": "looking at. is he got the guts, the"}, {"start": "00:07:15", "end": "00:07:19", "text": "coonus to actually do a rate increase"}, {"start": "00:07:18", "end": "00:07:22", "text": "right now. Poly market is kind of"}, {"start": "00:07:19", "end": "00:07:23", "text": "pointing in that direction. So I want to"}, {"start": "00:07:22", "end": "00:07:25", "text": "go to uh a chart real quick. This is"}, {"start": "00:07:23", "end": "00:07:28", "text": "unis swap. I go back all the way to"}, {"start": "00:07:25", "end": "00:07:31", "text": "April of 2021. That was the last time we"}, {"start": "00:07:28", "end": "00:07:33", "text": "saw a major bull run leading into that."}, {"start": "00:07:31", "end": "00:07:36", "text": "This is where unis swap was at that"}, {"start": "00:07:33", "end": "00:07:39", "text": "time. If you look at this asset being"}, {"start": "00:07:36", "end": "00:07:41", "text": "suppressed for literally 5 years, we are"}, {"start": "00:07:39", "end": "00:07:43", "text": "moving into a trend line right now that"}, {"start": "00:07:41", "end": "00:07:45", "text": "is on the breakout zone. This is one of"}, {"start": "00:07:43", "end": "00:07:47", "text": "the reasons why we still think unis swap"}, {"start": "00:07:45", "end": "00:07:49", "text": "is one of the key assets to own. If"}, {"start": "00:07:47", "end": "00:07:51", "text": "you're looking at the ETH ecosystem,"}, {"start": "00:07:49", "end": "00:07:53", "text": "tokenization in general, and really I"}, {"start": "00:07:51", "end": "00:07:55", "text": "think the explosion of new investors"}, {"start": "00:07:53", "end": "00:07:56", "text": "coming into the market, I think unis"}, {"start": "00:07:55", "end": "00:07:58", "text": "swap is going to be one of the key"}, {"start": "00:07:56", "end": "00:08:01", "text": "platforms out there. So keep an eye on"}, {"start": "00:07:58", "end": "00:08:03", "text": "that. All right. So when you look at"}, {"start": "00:08:01", "end": "00:08:06", "text": "Poly Market, this is the point that I"}, {"start": "00:08:03", "end": "00:08:08", "text": "think is the crux of the matter. You've"}, {"start": "00:08:06", "end": "00:08:10", "text": "got Poly Market on one side and you have"}, {"start": "00:08:08", "end": "00:08:12", "text": "the market on the other side. And the"}, {"start": "00:08:10", "end": "00:08:14", "text": "market has spoken. They're going the"}, {"start": "00:08:12", "end": "00:08:16", "text": "route of ETH as opposed to going on the"}, {"start": "00:08:14", "end": "00:08:18", "text": "poly market which is right now hovering"}, {"start": "00:08:16", "end": "00:08:22", "text": "at about 75%"}, {"start": "00:08:18", "end": "00:08:26", "text": "a little over almost 81% actually uh in"}, {"start": "00:08:22", "end": "00:08:27", "text": "in reference to a 25 basis points hike."}, {"start": "00:08:26", "end": "00:08:30", "text": "I think this is going to go the other"}, {"start": "00:08:27", "end": "00:08:32", "text": "way. Now granted maybe Kevin Walsh has"}, {"start": "00:08:30", "end": "00:08:33", "text": "some cover to where he could pull off a"}, {"start": "00:08:32", "end": "00:08:35", "text": "hike but I just don't think that is"}, {"start": "00:08:33", "end": "00:08:37", "text": "going to be the case in the current"}, {"start": "00:08:35", "end": "00:08:39", "text": "environment. Uh you've got Zack Panel"}, {"start": "00:08:37", "end": "00:08:43", "text": "kind of hitting on it right here."}, {"start": "00:08:39", "end": "00:08:44", "text": "highish core CPI, decent s chance of a"}, {"start": "00:08:43", "end": "00:08:46", "text": "Fed rate hike. I don't think it's going"}, {"start": "00:08:44", "end": "00:08:49", "text": "to happen. This is a speed bump scenario"}, {"start": "00:08:46", "end": "00:08:51", "text": "for crypto and I would agree with him uh"}, {"start": "00:08:49", "end": "00:08:52", "text": "in his opinion. Dips are going to be"}, {"start": "00:08:51", "end": "00:08:54", "text": "shallow and it's going to create an"}, {"start": "00:08:52", "end": "00:08:56", "text": "opportunity for people out there who"}, {"start": "00:08:54", "end": "00:08:58", "text": "missed a lot of what happened in the"}, {"start": "00:08:56", "end": "00:08:59", "text": "August move. So, good news there. I want"}, {"start": "00:08:58", "end": "00:09:02", "text": "to go to a clip real quick because this"}, {"start": "00:08:59", "end": "00:09:03", "text": "is Zach talking about the resurgence of"}, {"start": "00:09:02", "end": "00:09:06", "text": "scarcity."}, {"start": "00:09:03", "end": "00:09:08", "text": ">> Number one is demand for scarcity. We"}, {"start": "00:09:06", "end": "00:09:11", "text": "have risks with fiat currencies created"}, {"start": "00:09:08", "end": "00:09:12", "text": "by unchecked government debt growth."}, {"start": "00:09:11", "end": "00:09:14", "text": "That's driving investors into scarce"}, {"start": "00:09:12", "end": "00:09:16", "text": "assets, whether it's physical gold or"}, {"start": "00:09:14", "end": "00:09:18", "text": "digital Bitcoin. But that's only half of"}, {"start": "00:09:16", "end": "00:09:20", "text": "the story for digital assets. The other"}, {"start": "00:09:18", "end": "00:09:23", "text": "half is regulatory clarity for"}, {"start": "00:09:20", "end": "00:09:26", "text": "blockchain. Is the Clarity Act crucial"}, {"start": "00:09:23", "end": "00:09:27", "text": "to the longerterm success of"}, {"start": "00:09:26", "end": "00:09:30", "text": "cryptocurrencies, especially when it"}, {"start": "00:09:27", "end": "00:09:31", "text": "comes to the US market and its"}, {"start": "00:09:30", "end": "00:09:33", "text": "investors?"}, {"start": "00:09:31", "end": "00:09:35", "text": ">> Regulatory clarity in general is"}, {"start": "00:09:33", "end": "00:09:38", "text": "absolutely crucial. we don't necessarily"}, {"start": "00:09:35", "end": "00:09:40", "text": "necessarily need the clarity act that"}, {"start": "00:09:38", "end": "00:09:42", "text": "specific piece of legislation and we've"}, {"start": "00:09:40", "end": "00:09:44", "text": "been very encouraged by the recent steps"}, {"start": "00:09:42", "end": "00:09:47", "text": "by the CFTC for example to approve so"}, {"start": "00:09:44", "end": "00:09:49", "text": "we're getting that regulatory clarity"}, {"start": "00:09:47", "end": "00:09:50", "text": "through agency guidance rather than"}, {"start": "00:09:49", "end": "00:09:51", "text": "through legislation"}, {"start": "00:09:50", "end": "00:09:54", "text": ">> all right so I think Zach is right in"}, {"start": "00:09:51", "end": "00:09:57", "text": "two points there one is that commodities"}, {"start": "00:09:54", "end": "00:09:59", "text": "and scarcity I think are going to be the"}, {"start": "00:09:57", "end": "00:10:02", "text": "window here you're also looking at a"}, {"start": "00:09:59", "end": "00:10:04", "text": "window that is still led by where we may"}, {"start": "00:10:02", "end": "00:10:07", "text": "see clarity go or not but The key there"}, {"start": "00:10:04", "end": "00:10:09", "text": "of course is that the CFTC, the SEC,"}, {"start": "00:10:07", "end": "00:10:10", "text": "we're going to get some guidance out of"}, {"start": "00:10:09", "end": "00:10:13", "text": "this and I think the market is ready for"}, {"start": "00:10:10", "end": "00:10:14", "text": "that in both ways. I want to end up with"}, {"start": "00:10:13", "end": "00:10:16", "text": "this clip right here because this is"}, {"start": "00:10:14", "end": "00:10:19", "text": "Jeff Curry. He's talking about where the"}, {"start": "00:10:16", "end": "00:10:21", "text": "real super cycle is. Take a look."}, {"start": "00:10:19", "end": "00:10:23", "text": ">> But I think the one thing that's really"}, {"start": "00:10:21", "end": "00:10:24", "text": "different about this rally is that"}, {"start": "00:10:23", "end": "00:10:25", "text": "people are starting to go, this is not"}, {"start": "00:10:24", "end": "00:10:27", "text": "transient."}, {"start": "00:10:25", "end": "00:10:29", "text": ">> And you're seeing it in the equities,"}, {"start": "00:10:27", "end": "00:10:31", "text": "the longdated oil prices. It has a"}, {"start": "00:10:29", "end": "00:10:33", "text": "different flavor to it. The old economy"}, {"start": "00:10:31", "end": "00:10:34", "text": "is taking its revenge. You see it in the"}, {"start": "00:10:33", "end": "00:10:37", "text": "rates markets. You see it in the"}, {"start": "00:10:34", "end": "00:10:38", "text": "commodity markets. And what this means,"}, {"start": "00:10:37", "end": "00:10:40", "text": "we're dealing with higher structural"}, {"start": "00:10:38", "end": "00:10:42", "text": "inflation because of years of"}, {"start": "00:10:40", "end": "00:10:44", "text": "underinvestment in the ability to supply"}, {"start": "00:10:42", "end": "00:10:46", "text": "and deliver hard assets. And we're"}, {"start": "00:10:44", "end": "00:10:49", "text": "talking about this is not this is a"}, {"start": "00:10:46", "end": "00:10:50", "text": "broad commodity rally. This is the super"}, {"start": "00:10:49", "end": "00:10:52", "text": "cycle we've been talking about. I want"}, {"start": "00:10:50", "end": "00:10:53", "text": "to emphasize commodities are the best"}, {"start": "00:10:52", "end": "00:10:55", "text": "performing asset class this decade."}, {"start": "00:10:53", "end": "00:10:57", "text": ">> You know, I'm just banging the table. if"}, {"start": "00:10:55", "end": "00:10:59", "text": "there's ever a time to own commodities."}, {"start": "00:10:57", "end": "00:11:01", "text": "In fact, you can't get a better story."}, {"start": "00:10:59", "end": "00:11:05", "text": "If it doesn't work with scarcity and"}, {"start": "00:11:01", "end": "00:11:06", "text": "debasement together, it'll never work."}, {"start": "00:11:05", "end": "00:11:08", "text": ">> All right, that's a good statement."}, {"start": "00:11:06", "end": "00:11:10", "text": "Scarcity and debasement together is"}, {"start": "00:11:08", "end": "00:11:12", "text": "never going to work. Uh that would be"}, {"start": "00:11:10", "end": "00:11:15", "text": "the case for sure. I think that's where"}, {"start": "00:11:12", "end": "00:11:17", "text": "we are leading. I'm looking at digital"}, {"start": "00:11:15", "end": "00:11:18", "text": "assets to continue to trace along what"}, {"start": "00:11:17", "end": "00:11:20", "text": "we'll see most likely in commodities."}, {"start": "00:11:18", "end": "00:11:22", "text": "So, let me know what you guys are doing."}, {"start": "00:11:20", "end": "00:11:24", "text": "Are you playing the commodity charge or"}, {"start": "00:11:22", "end": "00:11:26", "text": "are you looking at going in early on"}, {"start": "00:11:24", "end": "00:11:29", "text": "these digital assets before this market"}, {"start": "00:11:26", "end": "00:11:29", "text": "move?"}, {"start": "00:11:33", "end": "00:11:36", "text": "If you like this video, hit like and"}, {"start": "00:11:34", "end": "00:11:39", "text": "subscribe. Drop a comment down below and"}, {"start": "00:11:36", "end": "00:11:43", "text": "also join our free private member group."}, {"start": "00:11:39", "end": "00:11:43", "text": "The link is in the description."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Market volatility underway. ETH is"}, {"start": "00:00:02", "end": "00:00:05", "text": "actually out there in front today. We'll"}, {"start": "00:00:04", "end": "00:00:08", "text": "be breaking that down for you guys to"}, {"start": "00:00:05", "end": "00:00:10", "text": "get into a full understanding of what is"}, {"start": "00:00:08", "end": "00:00:11", "text": "happening. Before we do that, I want to"}, {"start": "00:00:10", "end": "00:00:13", "text": "thank our sponsor and that's Itrust"}, {"start": "00:00:11", "end": "00:00:16", "text": "Capital where you guys can get into your"}, {"start": "00:00:13", "end": "00:00:18", "text": "own crypto IRA, cryptocurrency, stocks,"}, {"start": "00:00:16", "end": "00:00:20", "text": "gold, and silver. All available over on"}, {"start": "00:00:18", "end": "00:00:22", "text": "iTrust Capital. One account, unlimited"}, {"start": "00:00:20", "end": "00:00:24", "text": "possibilities. This is one of the"}, {"start": "00:00:22", "end": "00:00:26", "text": "platforms. They've been around for quite"}, {"start": "00:00:24", "end": "00:00:28", "text": "a while. You guys can go over and use"}, {"start": "00:00:26", "end": "00:00:31", "text": "them. If you have a current IRA, you can"}, {"start": "00:00:28", "end": "00:00:34", "text": "transfer that. If you want to start a"}, {"start": "00:00:31", "end": "00:00:36", "text": "brand new IRA, you can also do that as"}, {"start": "00:00:34", "end": "00:00:37", "text": "well. So, just use our link down below."}, {"start": "00:00:36", "end": "00:00:39", "text": "It's going to give you a $100 funding"}, {"start": "00:00:37", "end": "00:00:40", "text": "reward to get started. And you're going"}, {"start": "00:00:39", "end": "00:00:42", "text": "to have to start tax planning soon. And"}, {"start": "00:00:40", "end": "00:00:44", "text": "I are one of the diversification things"}, {"start": "00:00:42", "end": "00:00:47", "text": "that you should be doing to set yourself"}, {"start": "00:00:44", "end": "00:00:49", "text": "up for success. I want to lead off with"}, {"start": "00:00:47", "end": "00:00:51", "text": "this tweet right here because this kind"}, {"start": "00:00:49", "end": "00:00:54", "text": "of says it. And that is that the stock"}, {"start": "00:00:51", "end": "00:00:56", "text": "market has just added 700 billion. Uh"}, {"start": "00:00:54", "end": "00:00:58", "text": "this is on Friday's open core CPI fell"}, {"start": "00:00:56", "end": "00:01:01", "text": "to fiveyear low. That's one point that"}, {"start": "00:00:58", "end": "00:01:03", "text": "started to move this. So you not only"}, {"start": "00:01:01", "end": "00:01:06", "text": "have the S&P, you also have NASDAQ up"}, {"start": "00:01:03", "end": "00:01:09", "text": "80. Uh the Dow up 104. So we're talking"}, {"start": "00:01:06", "end": "00:01:12", "text": "about a major move that could"}, {"start": "00:01:09", "end": "00:01:13", "text": "potentially start a bull run. Maybe"}, {"start": "00:01:12", "end": "00:01:15", "text": "that's where we're heading. One other"}, {"start": "00:01:13", "end": "00:01:18", "text": "point to kind of get at is that the"}, {"start": "00:01:15", "end": "00:01:20", "text": "shorts got shorted. 250 million in"}, {"start": "00:01:18", "end": "00:01:22", "text": "shorts liquidated the last 60 minutes."}, {"start": "00:01:20", "end": "00:01:24", "text": "Continue to push on that. And you've got"}, {"start": "00:01:22", "end": "00:01:27", "text": "Tom Lee out there right now looking at"}, {"start": "00:01:24", "end": "00:01:29", "text": "what we call a face ripper in this"}, {"start": "00:01:27", "end": "00:01:32", "text": "market. And that is those green candles"}, {"start": "00:01:29", "end": "00:01:33", "text": "that start to move like that. This"}, {"start": "00:01:32", "end": "00:01:35", "text": "morning when we were doing the research"}, {"start": "00:01:33", "end": "00:01:38", "text": "and I hit that and I saw this green"}, {"start": "00:01:35", "end": "00:01:40", "text": "candle moving, the first thing we were"}, {"start": "00:01:38", "end": "00:01:42", "text": "scrambling for is to understand why."}, {"start": "00:01:40", "end": "00:01:45", "text": "There's several reasons or thesis that"}, {"start": "00:01:42", "end": "00:01:47", "text": "could be behind this. Some of it could"}, {"start": "00:01:45", "end": "00:01:49", "text": "be of course geared toward these yield"}, {"start": "00:01:47", "end": "00:01:51", "text": "coins. anything that's earning yield out"}, {"start": "00:01:49", "end": "00:01:53", "text": "there. You've got Salana on the move,"}, {"start": "00:01:51", "end": "00:01:55", "text": "ETH on the move. There's also things"}, {"start": "00:01:53", "end": "00:01:58", "text": "that could still come out of DC that"}, {"start": "00:01:55", "end": "00:02:00", "text": "could be preempting some of this. So,"}, {"start": "00:01:58", "end": "00:02:03", "text": "it's a lot to look for. If you look at"}, {"start": "00:02:00", "end": "00:02:05", "text": "Ethereum reclaiming 2600 for the first"}, {"start": "00:02:03", "end": "00:02:09", "text": "time in 7 months, Bitcoin also above"}, {"start": "00:02:05", "end": "00:02:12", "text": "79K. That's $3,200 in the last 90"}, {"start": "00:02:09", "end": "00:02:14", "text": "minutes. 127 billion has now been added"}, {"start": "00:02:12", "end": "00:02:17", "text": "to the crypto market. That's a big move,"}, {"start": "00:02:14", "end": "00:02:20", "text": "guys. Are you playing this market right"}, {"start": "00:02:17", "end": "00:02:23", "text": "now? Were you in it previously? And are"}, {"start": "00:02:20", "end": "00:02:24", "text": "you looking for another dip to try to"}, {"start": "00:02:23", "end": "00:02:26", "text": "get back in? Let me know in the comments"}, {"start": "00:02:24", "end": "00:02:27", "text": "down below. And by the way, if you're"}, {"start": "00:02:26", "end": "00:02:29", "text": "not subscribed, make sure and do that"}, {"start": "00:02:27", "end": "00:02:31", "text": "right now because we're going to be"}, {"start": "00:02:29", "end": "00:02:34", "text": "going live next week with the FOMC. And"}, {"start": "00:02:31", "end": "00:02:37", "text": "this is might be the biggest one yet in"}, {"start": "00:02:34", "end": "00:02:38", "text": "terms of do we get a rate hike? And I'll"}, {"start": "00:02:37", "end": "00:02:40", "text": "explain more about that here in a"}, {"start": "00:02:38", "end": "00:02:42", "text": "second. I want to jump over to the chart"}, {"start": "00:02:40", "end": "00:02:43", "text": "real quick"}, {"start": "00:02:42", "end": "00:02:46", "text": "and just show you something, guys. If we"}, {"start": "00:02:43", "end": "00:02:48", "text": "get a close, we are sitting on the ETH"}, {"start": "00:02:46", "end": "00:02:50", "text": "Bitcoin chart right here. This could be"}, {"start": "00:02:48", "end": "00:02:53", "text": "the breakout moment for Ethereum. So, if"}, {"start": "00:02:50", "end": "00:02:55", "text": "we take it out uh for a little bit, you"}, {"start": "00:02:53", "end": "00:02:56", "text": "could take a look at this right here"}, {"start": "00:02:55", "end": "00:02:59", "text": "around 3,000. This is kind of the target"}, {"start": "00:02:56", "end": "00:03:01", "text": "that I'm zoning in on for ETH. Now,"}, {"start": "00:02:59", "end": "00:03:03", "text": "granted, does this happen in September?"}, {"start": "00:03:01", "end": "00:03:05", "text": "Maybe. There's still a lot of volatility"}, {"start": "00:03:03", "end": "00:03:08", "text": "I believe, but also there is a lot"}, {"start": "00:03:05", "end": "00:03:11", "text": "brewing that could place digital assets"}, {"start": "00:03:08", "end": "00:03:13", "text": "in the crosshairs both for an"}, {"start": "00:03:11", "end": "00:03:15", "text": "opportunity to grow if you're in the"}, {"start": "00:03:13", "end": "00:03:17", "text": "right one. So, uh make sure and follow"}, {"start": "00:03:15", "end": "00:03:19", "text": "those very closely. Some of the ones of"}, {"start": "00:03:17", "end": "00:03:21", "text": "course we'll be following today will uh"}, {"start": "00:03:19", "end": "00:03:23", "text": "initiate here on the show. But one of"}, {"start": "00:03:21", "end": "00:03:25", "text": "course traders right now forecasting ETH"}, {"start": "00:03:23", "end": "00:03:28", "text": "out to 2,800 this month. I think it"}, {"start": "00:03:25", "end": "00:03:30", "text": "actually might get a little bit stronger"}, {"start": "00:03:28", "end": "00:03:32", "text": "if we continue on this cycle right now."}, {"start": "00:03:30", "end": "00:03:34", "text": "And also remember there's other things"}, {"start": "00:03:32", "end": "00:03:36", "text": "that are still guiding this market. If"}, {"start": "00:03:34", "end": "00:03:38", "text": "you look at the AI trade, the amount of"}, {"start": "00:03:36", "end": "00:03:42", "text": "earnings that are being done by the S&P"}, {"start": "00:03:38", "end": "00:03:44", "text": "500 continue to push this market up"}, {"start": "00:03:42", "end": "00:03:46", "text": "significantly. I want to go to a clip"}, {"start": "00:03:44", "end": "00:03:47", "text": "real quick. This is from the rollup and"}, {"start": "00:03:46", "end": "00:03:49", "text": "they were kind of looking at ETH and"}, {"start": "00:03:47", "end": "00:03:52", "text": "where it could go from here. Take a"}, {"start": "00:03:49", "end": "00:03:56", "text": "look. If we get the tokenization"}, {"start": "00:03:52", "end": "00:03:58", "text": "exemption from the SEC,"}, {"start": "00:03:56", "end": "00:04:01", "text": "I think Ethereum has the chance to"}, {"start": "00:03:58", "end": "00:04:04", "text": "double in an extremely short period of"}, {"start": "00:04:01", "end": "00:04:07", "text": "time. We would get this exemption in the"}, {"start": "00:04:04", "end": "00:04:10", "text": "next one to two weeks. I think there's a"}, {"start": "00:04:07", "end": "00:04:13", "text": "very very very"}, {"start": "00:04:10", "end": "00:04:17", "text": "probabilistic way to look at Ethereum as"}, {"start": "00:04:13", "end": "00:04:21", "text": "the most bullish way to express the"}, {"start": "00:04:17", "end": "00:04:23", "text": "tokenization bull thesis in one asset. I"}, {"start": "00:04:21", "end": "00:04:26", "text": "think it has the potential to double."}, {"start": "00:04:23", "end": "00:04:29", "text": "I think 4K is in is in range if not a"}, {"start": "00:04:26", "end": "00:04:33", "text": "little more if the SEC tokenization"}, {"start": "00:04:29", "end": "00:04:35", "text": "exemption hits and Bitcoin is also"}, {"start": "00:04:33", "end": "00:04:38", "text": "pushing up. I think Ethereum could could"}, {"start": "00:04:35", "end": "00:04:40", "text": "absolutely fly."}, {"start": "00:04:38", "end": "00:04:42", "text": ">> All right. So, uh, Andy there kind of"}, {"start": "00:04:40", "end": "00:04:44", "text": "hitting on that and I think the point is"}, {"start": "00:04:42", "end": "00:04:46", "text": "this. When you look at Ethereum and what"}, {"start": "00:04:44", "end": "00:04:49", "text": "it has done in the past, it has been a"}, {"start": "00:04:46", "end": "00:04:51", "text": "little bit of a sleeper token and now"}, {"start": "00:04:49", "end": "00:04:52", "text": "we're seeing movement like this when the"}, {"start": "00:04:51", "end": "00:04:55", "text": "rest of the market didn't necessarily"}, {"start": "00:04:52", "end": "00:04:59", "text": "take off. And in fact, Bitcoin actually"}, {"start": "00:04:55", "end": "00:05:02", "text": "lagged behind it. Salana also. So, is it"}, {"start": "00:04:59", "end": "00:05:04", "text": "possible that we could see maybe an"}, {"start": "00:05:02", "end": "00:05:06", "text": "early indicator right now coming out of"}, {"start": "00:05:04", "end": "00:05:08", "text": "the SEC that could kind of agree with"}, {"start": "00:05:06", "end": "00:05:10", "text": "what Andy was talking about? I think"}, {"start": "00:05:08", "end": "00:05:11", "text": "this could be the point. And now,"}, {"start": "00:05:10", "end": "00:05:14", "text": "everybody's been looking at ETH for"}, {"start": "00:05:11", "end": "00:05:17", "text": "years and always disappointed of how it"}, {"start": "00:05:14", "end": "00:05:19", "text": "performs. Tom Lee though kind of jumps"}, {"start": "00:05:17", "end": "00:05:21", "text": "in on this one. Take a look."}, {"start": "00:05:19", "end": "00:05:24", "text": ">> What's driving performance in markets"}, {"start": "00:05:21", "end": "00:05:27", "text": "since June 30th? We're 2 months into the"}, {"start": "00:05:24", "end": "00:05:30", "text": "third quarter and the best performing"}, {"start": "00:05:27", "end": "00:05:32", "text": "asset remains crypto. Of the top 21"}, {"start": "00:05:30", "end": "00:05:36", "text": "stocks in the Russell 1000,"}, {"start": "00:05:32", "end": "00:05:38", "text": "four of the top 21 are crypto names."}, {"start": "00:05:36", "end": "00:05:40", "text": "That's a lot of attribution coming from"}, {"start": "00:05:38", "end": "00:05:42", "text": "the crypto sector and so we are buying"}, {"start": "00:05:40", "end": "00:05:46", "text": "the dips. All right. So there you have"}, {"start": "00:05:42", "end": "00:05:49", "text": "it. I mean Tom is maybe right. He has"}, {"start": "00:05:46", "end": "00:05:51", "text": "been pushing for a potential market"}, {"start": "00:05:49", "end": "00:05:53", "text": "surge at before the end of the year."}, {"start": "00:05:51", "end": "00:05:56", "text": "He's talked about this for months. Is he"}, {"start": "00:05:53", "end": "00:05:58", "text": "right on that? When you look at BMR in"}, {"start": "00:05:56", "end": "00:06:00", "text": "general, it is on the verge of a"}, {"start": "00:05:58", "end": "00:06:03", "text": "breakout and this is edging against a"}, {"start": "00:06:00", "end": "00:06:07", "text": "resistance that has been a little bit"}, {"start": "00:06:03", "end": "00:06:08", "text": "kind of thwarted around 26 bucks. So,"}, {"start": "00:06:07", "end": "00:06:11", "text": "would you let me ask you guys this,"}, {"start": "00:06:08", "end": "00:06:12", "text": "would you bet on BitMine in this"}, {"start": "00:06:11", "end": "00:06:14", "text": "particular case or would you go direct"}, {"start": "00:06:12", "end": "00:06:15", "text": "to the asset? Now, I know a lot of you"}, {"start": "00:06:14", "end": "00:06:18", "text": "out there, maybe you're brand new to"}, {"start": "00:06:15", "end": "00:06:20", "text": "crypto. You might go the BMR route and"}, {"start": "00:06:18", "end": "00:06:22", "text": "get exposure to Ethereum. But for those"}, {"start": "00:06:20", "end": "00:06:24", "text": "of you who have been in crypto, would"}, {"start": "00:06:22", "end": "00:06:26", "text": "you diversify at all? Let me know in the"}, {"start": "00:06:24", "end": "00:06:28", "text": "comments down below. And let me know"}, {"start": "00:06:26", "end": "00:06:30", "text": "your thoughts. Why do you think ETH is"}, {"start": "00:06:28", "end": "00:06:32", "text": "leading the charge here on a weekend?"}, {"start": "00:06:30", "end": "00:06:35", "text": "And remember, we still have a very"}, {"start": "00:06:32", "end": "00:06:37", "text": "active weekend ahead of us that could"}, {"start": "00:06:35", "end": "00:06:39", "text": "keep things moving. And when you look at"}, {"start": "00:06:37", "end": "00:06:42", "text": "this right now, stocks, Bitcoin, and"}, {"start": "00:06:39", "end": "00:06:44", "text": "gold are all rallying at the same data"}, {"start": "00:06:42", "end": "00:06:47", "text": "that just put the Fed rate hike odds to"}, {"start": "00:06:44", "end": "00:06:49", "text": "85%. Here's a couple key points uh right"}, {"start": "00:06:47", "end": "00:06:52", "text": "here. risk assets rallied across the"}, {"start": "00:06:49", "end": "00:06:54", "text": "board on data uh on this data coming in"}, {"start": "00:06:52", "end": "00:06:57", "text": "on the CPI uh stocks, Bitcoin, gold,"}, {"start": "00:06:54", "end": "00:06:59", "text": "silver, all moved at once. But but ETH"}, {"start": "00:06:57", "end": "00:07:01", "text": "led the way on all of this. And I think"}, {"start": "00:06:59", "end": "00:07:03", "text": "this is the market, I would agree,"}, {"start": "00:07:01", "end": "00:07:05", "text": "betting that cooling core inflation now"}, {"start": "00:07:03", "end": "00:07:08", "text": "is going to give the Fed a little bit of"}, {"start": "00:07:05", "end": "00:07:11", "text": "ease around holding rates steady or"}, {"start": "00:07:08", "end": "00:07:12", "text": "possibly an even a cut later this year."}, {"start": "00:07:11", "end": "00:07:15", "text": "Because this is the point everybody's"}, {"start": "00:07:12", "end": "00:07:18", "text": "looking at. is he got the guts, the"}, {"start": "00:07:15", "end": "00:07:19", "text": "coonus to actually do a rate increase"}, {"start": "00:07:18", "end": "00:07:22", "text": "right now. Poly market is kind of"}, {"start": "00:07:19", "end": "00:07:23", "text": "pointing in that direction. So I want to"}, {"start": "00:07:22", "end": "00:07:25", "text": "go to uh a chart real quick. This is"}, {"start": "00:07:23", "end": "00:07:28", "text": "unis swap. I go back all the way to"}, {"start": "00:07:25", "end": "00:07:31", "text": "April of 2021. That was the last time we"}, {"start": "00:07:28", "end": "00:07:33", "text": "saw a major bull run leading into that."}, {"start": "00:07:31", "end": "00:07:36", "text": "This is where unis swap was at that"}, {"start": "00:07:33", "end": "00:07:39", "text": "time. If you look at this asset being"}, {"start": "00:07:36", "end": "00:07:41", "text": "suppressed for literally 5 years, we are"}, {"start": "00:07:39", "end": "00:07:43", "text": "moving into a trend line right now that"}, {"start": "00:07:41", "end": "00:07:45", "text": "is on the breakout zone. This is one of"}, {"start": "00:07:43", "end": "00:07:47", "text": "the reasons why we still think unis swap"}, {"start": "00:07:45", "end": "00:07:49", "text": "is one of the key assets to own. If"}, {"start": "00:07:47", "end": "00:07:51", "text": "you're looking at the ETH ecosystem,"}, {"start": "00:07:49", "end": "00:07:53", "text": "tokenization in general, and really I"}, {"start": "00:07:51", "end": "00:07:55", "text": "think the explosion of new investors"}, {"start": "00:07:53", "end": "00:07:56", "text": "coming into the market, I think unis"}, {"start": "00:07:55", "end": "00:07:58", "text": "swap is going to be one of the key"}, {"start": "00:07:56", "end": "00:08:01", "text": "platforms out there. So keep an eye on"}, {"start": "00:07:58", "end": "00:08:03", "text": "that. All right. So when you look at"}, {"start": "00:08:01", "end": "00:08:06", "text": "Poly Market, this is the point that I"}, {"start": "00:08:03", "end": "00:08:08", "text": "think is the crux of the matter. You've"}, {"start": "00:08:06", "end": "00:08:10", "text": "got Poly Market on one side and you have"}, {"start": "00:08:08", "end": "00:08:12", "text": "the market on the other side. And the"}, {"start": "00:08:10", "end": "00:08:14", "text": "market has spoken. They're going the"}, {"start": "00:08:12", "end": "00:08:16", "text": "route of ETH as opposed to going on the"}, {"start": "00:08:14", "end": "00:08:18", "text": "poly market which is right now hovering"}, {"start": "00:08:16", "end": "00:08:22", "text": "at about 75%"}, {"start": "00:08:18", "end": "00:08:26", "text": "a little over almost 81% actually uh in"}, {"start": "00:08:22", "end": "00:08:27", "text": "in reference to a 25 basis points hike."}, {"start": "00:08:26", "end": "00:08:30", "text": "I think this is going to go the other"}, {"start": "00:08:27", "end": "00:08:32", "text": "way. Now granted maybe Kevin Walsh has"}, {"start": "00:08:30", "end": "00:08:33", "text": "some cover to where he could pull off a"}, {"start": "00:08:32", "end": "00:08:35", "text": "hike but I just don't think that is"}, {"start": "00:08:33", "end": "00:08:37", "text": "going to be the case in the current"}, {"start": "00:08:35", "end": "00:08:39", "text": "environment. Uh you've got Zack Panel"}, {"start": "00:08:37", "end": "00:08:43", "text": "kind of hitting on it right here."}, {"start": "00:08:39", "end": "00:08:44", "text": "highish core CPI, decent s chance of a"}, {"start": "00:08:43", "end": "00:08:46", "text": "Fed rate hike. I don't think it's going"}, {"start": "00:08:44", "end": "00:08:49", "text": "to happen. This is a speed bump scenario"}, {"start": "00:08:46", "end": "00:08:51", "text": "for crypto and I would agree with him uh"}, {"start": "00:08:49", "end": "00:08:52", "text": "in his opinion. Dips are going to be"}, {"start": "00:08:51", "end": "00:08:54", "text": "shallow and it's going to create an"}, {"start": "00:08:52", "end": "00:08:56", "text": "opportunity for people out there who"}, {"start": "00:08:54", "end": "00:08:58", "text": "missed a lot of what happened in the"}, {"start": "00:08:56", "end": "00:08:59", "text": "August move. So, good news there. I want"}, {"start": "00:08:58", "end": "00:09:02", "text": "to go to a clip real quick because this"}, {"start": "00:08:59", "end": "00:09:03", "text": "is Zach talking about the resurgence of"}, {"start": "00:09:02", "end": "00:09:06", "text": "scarcity."}, {"start": "00:09:03", "end": "00:09:08", "text": ">> Number one is demand for scarcity. We"}, {"start": "00:09:06", "end": "00:09:11", "text": "have risks with fiat currencies created"}, {"start": "00:09:08", "end": "00:09:12", "text": "by unchecked government debt growth."}, {"start": "00:09:11", "end": "00:09:14", "text": "That's driving investors into scarce"}, {"start": "00:09:12", "end": "00:09:16", "text": "assets, whether it's physical gold or"}, {"start": "00:09:14", "end": "00:09:18", "text": "digital Bitcoin. But that's only half of"}, {"start": "00:09:16", "end": "00:09:20", "text": "the story for digital assets. The other"}, {"start": "00:09:18", "end": "00:09:23", "text": "half is regulatory clarity for"}, {"start": "00:09:20", "end": "00:09:26", "text": "blockchain. Is the Clarity Act crucial"}, {"start": "00:09:23", "end": "00:09:27", "text": "to the longerterm success of"}, {"start": "00:09:26", "end": "00:09:30", "text": "cryptocurrencies, especially when it"}, {"start": "00:09:27", "end": "00:09:31", "text": "comes to the US market and its"}, {"start": "00:09:30", "end": "00:09:33", "text": "investors?"}, {"start": "00:09:31", "end": "00:09:35", "text": ">> Regulatory clarity in general is"}, {"start": "00:09:33", "end": "00:09:38", "text": "absolutely crucial. we don't necessarily"}, {"start": "00:09:35", "end": "00:09:40", "text": "necessarily need the clarity act that"}, {"start": "00:09:38", "end": "00:09:42", "text": "specific piece of legislation and we've"}, {"start": "00:09:40", "end": "00:09:44", "text": "been very encouraged by the recent steps"}, {"start": "00:09:42", "end": "00:09:47", "text": "by the CFTC for example to approve so"}, {"start": "00:09:44", "end": "00:09:49", "text": "we're getting that regulatory clarity"}, {"start": "00:09:47", "end": "00:09:50", "text": "through agency guidance rather than"}, {"start": "00:09:49", "end": "00:09:51", "text": "through legislation"}, {"start": "00:09:50", "end": "00:09:54", "text": ">> all right so I think Zach is right in"}, {"start": "00:09:51", "end": "00:09:57", "text": "two points there one is that commodities"}, {"start": "00:09:54", "end": "00:09:59", "text": "and scarcity I think are going to be the"}, {"start": "00:09:57", "end": "00:10:02", "text": "window here you're also looking at a"}, {"start": "00:09:59", "end": "00:10:04", "text": "window that is still led by where we may"}, {"start": "00:10:02", "end": "00:10:07", "text": "see clarity go or not but The key there"}, {"start": "00:10:04", "end": "00:10:09", "text": "of course is that the CFTC, the SEC,"}, {"start": "00:10:07", "end": "00:10:10", "text": "we're going to get some guidance out of"}, {"start": "00:10:09", "end": "00:10:13", "text": "this and I think the market is ready for"}, {"start": "00:10:10", "end": "00:10:14", "text": "that in both ways. I want to end up with"}, {"start": "00:10:13", "end": "00:10:16", "text": "this clip right here because this is"}, {"start": "00:10:14", "end": "00:10:19", "text": "Jeff Curry. He's talking about where the"}, {"start": "00:10:16", "end": "00:10:21", "text": "real super cycle is. Take a look."}, {"start": "00:10:19", "end": "00:10:23", "text": ">> But I think the one thing that's really"}, {"start": "00:10:21", "end": "00:10:24", "text": "different about this rally is that"}, {"start": "00:10:23", "end": "00:10:25", "text": "people are starting to go, this is not"}, {"start": "00:10:24", "end": "00:10:27", "text": "transient."}, {"start": "00:10:25", "end": "00:10:29", "text": ">> And you're seeing it in the equities,"}, {"start": "00:10:27", "end": "00:10:31", "text": "the longdated oil prices. It has a"}, {"start": "00:10:29", "end": "00:10:33", "text": "different flavor to it. The old economy"}, {"start": "00:10:31", "end": "00:10:34", "text": "is taking its revenge. You see it in the"}, {"start": "00:10:33", "end": "00:10:37", "text": "rates markets. You see it in the"}, {"start": "00:10:34", "end": "00:10:38", "text": "commodity markets. And what this means,"}, {"start": "00:10:37", "end": "00:10:40", "text": "we're dealing with higher structural"}, {"start": "00:10:38", "end": "00:10:42", "text": "inflation because of years of"}, {"start": "00:10:40", "end": "00:10:44", "text": "underinvestment in the ability to supply"}, {"start": "00:10:42", "end": "00:10:46", "text": "and deliver hard assets. And we're"}, {"start": "00:10:44", "end": "00:10:49", "text": "talking about this is not this is a"}, {"start": "00:10:46", "end": "00:10:50", "text": "broad commodity rally. This is the super"}, {"start": "00:10:49", "end": "00:10:52", "text": "cycle we've been talking about. I want"}, {"start": "00:10:50", "end": "00:10:53", "text": "to emphasize commodities are the best"}, {"start": "00:10:52", "end": "00:10:55", "text": "performing asset class this decade."}, {"start": "00:10:53", "end": "00:10:57", "text": ">> You know, I'm just banging the table. if"}, {"start": "00:10:55", "end": "00:10:59", "text": "there's ever a time to own commodities."}, {"start": "00:10:57", "end": "00:11:01", "text": "In fact, you can't get a better story."}, {"start": "00:10:59", "end": "00:11:05", "text": "If it doesn't work with scarcity and"}, {"start": "00:11:01", "end": "00:11:06", "text": "debasement together, it'll never work."}, {"start": "00:11:05", "end": "00:11:08", "text": ">> All right, that's a good statement."}, {"start": "00:11:06", "end": "00:11:10", "text": "Scarcity and debasement together is"}, {"start": "00:11:08", "end": "00:11:12", "text": "never going to work. Uh that would be"}, {"start": "00:11:10", "end": "00:11:15", "text": "the case for sure. I think that's where"}, {"start": "00:11:12", "end": "00:11:17", "text": "we are leading. I'm looking at digital"}, {"start": "00:11:15", "end": "00:11:18", "text": "assets to continue to trace along what"}, {"start": "00:11:17", "end": "00:11:20", "text": "we'll see most likely in commodities."}, {"start": "00:11:18", "end": "00:11:22", "text": "So, let me know what you guys are doing."}, {"start": "00:11:20", "end": "00:11:24", "text": "Are you playing the commodity charge or"}, {"start": "00:11:22", "end": "00:11:26", "text": "are you looking at going in early on"}, {"start": "00:11:24", "end": "00:11:28", "text": "these digital assets before this market"}, {"start": "00:11:26", "end": "00:11:30", "text": "move?"}, {"start": "00:11:28", "end": "00:11:30", "text": "[music]"}, {"start": "00:11:32", "end": "00:11:36", "text": "[music] If you like this video, hit like"}, {"start": "00:11:34", "end": "00:11:38", "text": "and subscribe. Drop a comment down below"}, {"start": "00:11:36", "end": "00:11:43", "text": "and also join our free private member"}, {"start": "00:11:38", "end": "00:11:43", "text": "group. The link is in the description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Clarity shock incoming or is it? Today"}, {"start": "00:00:02", "end": "00:00:05", "text": "we'll break it down for you guys. Maybe"}, {"start": "00:00:03", "end": "00:00:08", "text": "there is something brewing here that"}, {"start": "00:00:05", "end": "00:00:10", "text": "might bring clarity off life support."}, {"start": "00:00:08", "end": "00:00:11", "text": "Let's take a look. Before we get"}, {"start": "00:00:10", "end": "00:00:13", "text": "started, I want to thank our sponsor and"}, {"start": "00:00:11", "end": "00:00:16", "text": "that's EtherFi where you guys can earn"}, {"start": "00:00:13", "end": "00:00:17", "text": "cash back as well as doing tokenized"}, {"start": "00:00:16", "end": "00:00:21", "text": "stock trades. All of this is available"}, {"start": "00:00:17", "end": "00:00:23", "text": "over on Etherb Smart Money. A ton of"}, {"start": "00:00:21", "end": "00:00:25", "text": "features built for every asset you get"}, {"start": "00:00:23", "end": "00:00:28", "text": "to spend on this. There's a whole slew"}, {"start": "00:00:25", "end": "00:00:31", "text": "of personal and business core platforms"}, {"start": "00:00:28", "end": "00:00:33", "text": "that you can use. whether you get into"}, {"start": "00:00:31", "end": "00:00:35", "text": "making it kind of your own new bank or"}, {"start": "00:00:33", "end": "00:00:38", "text": "whether or not you want to use this as a"}, {"start": "00:00:35", "end": "00:00:40", "text": "business platform or even Lux up and get"}, {"start": "00:00:38", "end": "00:00:42", "text": "into some of the better uh yielding"}, {"start": "00:00:40", "end": "00:00:44", "text": "platforms that are out there. So check"}, {"start": "00:00:42", "end": "00:00:46", "text": "out Etherfi. All you have to do is visit"}, {"start": "00:00:44", "end": "00:00:48", "text": "it etherfi.com. Use our link down below."}, {"start": "00:00:46", "end": "00:00:50", "text": "It's going to get you set up and you"}, {"start": "00:00:48", "end": "00:00:52", "text": "guys can get started where you can get"}, {"start": "00:00:50", "end": "00:00:54", "text": "away from the banks. All right, let's go"}, {"start": "00:00:52", "end": "00:00:57", "text": "into it and go over to the statement"}, {"start": "00:00:54", "end": "00:00:58", "text": "right here from Eleanor. She hit on"}, {"start": "00:00:57", "end": "00:01:00", "text": "this. Senate Republicans have released"}, {"start": "00:00:58", "end": "00:01:03", "text": "updated Clarity Act text. So the point"}, {"start": "00:01:00", "end": "00:01:07", "text": "is is they are still working on this."}, {"start": "00:01:03", "end": "00:01:10", "text": "Nondentralized DeFi protocols are now"}, {"start": "00:01:07", "end": "00:01:12", "text": "set to register with the CFTC. So this"}, {"start": "00:01:10", "end": "00:01:15", "text": "was being worked on while they're on"}, {"start": "00:01:12", "end": "00:01:17", "text": "vacation essentially. Is something else"}, {"start": "00:01:15", "end": "00:01:19", "text": "brewing? So this week there's been a lot"}, {"start": "00:01:17", "end": "00:01:21", "text": "of bearish statements. One of them come"}, {"start": "00:01:19", "end": "00:01:23", "text": "of course came from Patrick Wit. He says"}, {"start": "00:01:21", "end": "00:01:26", "text": "we'll look our wounds very quickly if"}, {"start": "00:01:23", "end": "00:01:28", "text": "this in fact does not go through."}, {"start": "00:01:26", "end": "00:01:30", "text": "Additionally, within that, you also had"}, {"start": "00:01:28", "end": "00:01:31", "text": "the Wall Street Journal out there"}, {"start": "00:01:30", "end": "00:01:34", "text": "pushing pretty hard on it if you think"}, {"start": "00:01:31", "end": "00:01:37", "text": "about this before you vote against"}, {"start": "00:01:34", "end": "00:01:39", "text": "crypto. This is an interesting, you"}, {"start": "00:01:37", "end": "00:01:41", "text": "know, strategy from an ad perspective"}, {"start": "00:01:39", "end": "00:01:42", "text": "because it does put a lot more pressure"}, {"start": "00:01:41", "end": "00:01:46", "text": "on this. And if you go over to Poly"}, {"start": "00:01:42", "end": "00:01:49", "text": "Market right now, something weird just"}, {"start": "00:01:46", "end": "00:01:53", "text": "happened right there on September 11th,"}, {"start": "00:01:49", "end": "00:01:55", "text": "right there, 28% probability spike. Why?"}, {"start": "00:01:53", "end": "00:01:57", "text": "Now, of course, it settled back in"}, {"start": "00:01:55", "end": "00:01:59", "text": "holding at 18%. But the whole point is"}, {"start": "00:01:57", "end": "00:02:02", "text": "when you see those kinds, have we seen"}, {"start": "00:01:59", "end": "00:02:04", "text": "anything like that before in the last"}, {"start": "00:02:02", "end": "00:02:07", "text": "month? Let's go to the last month. Not"}, {"start": "00:02:04", "end": "00:02:08", "text": "really other than the downtrend. So,"}, {"start": "00:02:07", "end": "00:02:10", "text": "interesting times, guys. We are looking"}, {"start": "00:02:08", "end": "00:02:13", "text": "at a potential here that could change"}, {"start": "00:02:10", "end": "00:02:14", "text": "things up. Now, here's Cara Calvert"}, {"start": "00:02:13", "end": "00:02:16", "text": "coming in from Coinbase. Simply what"}, {"start": "00:02:14", "end": "00:02:20", "text": "she's saying that there is moves to"}, {"start": "00:02:16", "end": "00:02:22", "text": "maybe help the regional banks. And this"}, {"start": "00:02:20", "end": "00:02:24", "text": "is in reference to, no pun intended, the"}, {"start": "00:02:22", "end": "00:02:25", "text": "partnership with MOVE. And the"}, {"start": "00:02:24", "end": "00:02:27", "text": "partnership is going to give more than"}, {"start": "00:02:25", "end": "00:02:29", "text": "1,000 small and community banks access"}, {"start": "00:02:27", "end": "00:02:31", "text": "to stable coin infrastructure. If you're"}, {"start": "00:02:29", "end": "00:02:33", "text": "in a small bank, you're going to have"}, {"start": "00:02:31", "end": "00:02:35", "text": "stable coins in there in your bank soon."}, {"start": "00:02:33", "end": "00:02:37", "text": "So, get ready. One last point is is that"}, {"start": "00:02:35", "end": "00:02:39", "text": "this would pretty much eliminate the"}, {"start": "00:02:37", "end": "00:02:41", "text": "idea of an argument that regional banks"}, {"start": "00:02:39", "end": "00:02:43", "text": "are going to lose deposit flight. This"}, {"start": "00:02:41", "end": "00:02:45", "text": "is going to amp it up. And this, of"}, {"start": "00:02:43", "end": "00:02:47", "text": "course, puts a bullseye right on JP"}, {"start": "00:02:45", "end": "00:02:49", "text": "Morgan that they have no longer are"}, {"start": "00:02:47", "end": "00:02:50", "text": "going to be able to argue that point."}, {"start": "00:02:49", "end": "00:02:52", "text": "Let's go to a clip real quick because"}, {"start": "00:02:50", "end": "00:02:54", "text": "this is Patrick Wit talking about that"}, {"start": "00:02:52", "end": "00:02:55", "text": "both sides may vote on this anyway. Take"}, {"start": "00:02:54", "end": "00:02:57", "text": "a look."}, {"start": "00:02:55", "end": "00:02:59", "text": ">> I'm optimistic about the 15th. It's"}, {"start": "00:02:57", "end": "00:03:01", "text": "obviously a procedural vote. So, uh you"}, {"start": "00:02:59", "end": "00:03:04", "text": "know, we're we're communicating to folks"}, {"start": "00:03:01", "end": "00:03:06", "text": "that um even if we can't necessarily"}, {"start": "00:03:04", "end": "00:03:08", "text": "make the change uh right up front on the"}, {"start": "00:03:06", "end": "00:03:09", "text": "front end. Uh the way that you"}, {"start": "00:03:08", "end": "00:03:12", "text": "ultimately address the concern that you"}, {"start": "00:03:09", "end": "00:03:13", "text": "have is by getting on the bill and then"}, {"start": "00:03:12", "end": "00:03:16", "text": "uh working through the amendment process"}, {"start": "00:03:13", "end": "00:03:18", "text": "to get something in there uh to to"}, {"start": "00:03:16", "end": "00:03:19", "text": "resolve their concern. So, um, I'm"}, {"start": "00:03:18", "end": "00:03:21", "text": "feeling pretty good about it."}, {"start": "00:03:19", "end": "00:03:22", "text": ">> Do you think there's a world where we"}, {"start": "00:03:21", "end": "00:03:24", "text": "see some of these Democrats vote for the"}, {"start": "00:03:22", "end": "00:03:25", "text": "procedural vote, but then not wind up"}, {"start": "00:03:24", "end": "00:03:26", "text": "voting for passage?"}, {"start": "00:03:25", "end": "00:03:28", "text": ">> You know, honestly, if if I were"}, {"start": "00:03:26", "end": "00:03:30", "text": "advising them, um, you know, I would say"}, {"start": "00:03:28", "end": "00:03:32", "text": "that's that's probably what they should"}, {"start": "00:03:30", "end": "00:03:34", "text": "do. They should get on the bill. They"}, {"start": "00:03:32", "end": "00:03:37", "text": "should continue to uh discuss these"}, {"start": "00:03:34", "end": "00:03:38", "text": "issues. Um, you know, for rewards and"}, {"start": "00:03:37", "end": "00:03:39", "text": "yield, for example. Well, that's a lot"}, {"start": "00:03:38", "end": "00:03:41", "text": "of the conversations that I've had with"}, {"start": "00:03:39", "end": "00:03:43", "text": "different senators on the Republican"}, {"start": "00:03:41", "end": "00:03:45", "text": "side, too, is, you know, your your"}, {"start": "00:03:43", "end": "00:03:47", "text": "concerns for for your community banks"}, {"start": "00:03:45", "end": "00:03:49", "text": "cannot get addressed if you don't get on"}, {"start": "00:03:47", "end": "00:03:51", "text": "this bill. And for Democrats, you know,"}, {"start": "00:03:49", "end": "00:03:53", "text": "your your concerns about ethics will not"}, {"start": "00:03:51", "end": "00:03:55", "text": "be addressed if this bill fails. So, I"}, {"start": "00:03:53", "end": "00:03:58", "text": "would say to everyone, Republican and"}, {"start": "00:03:55", "end": "00:03:59", "text": "Democrat, get on the bill and let's keep"}, {"start": "00:03:58", "end": "00:04:00", "text": "talking."}, {"start": "00:03:59", "end": "00:04:02", "text": ">> All right. So, everybody may end up"}, {"start": "00:04:00", "end": "00:04:04", "text": "voting on this just to keep negotiations"}, {"start": "00:04:02", "end": "00:04:06", "text": "rolling through as you heard Patrick"}, {"start": "00:04:04", "end": "00:04:09", "text": "Whit talk about that. Cody Carbone also"}, {"start": "00:04:06", "end": "00:04:10", "text": "had uh kind of a a target that you need"}, {"start": "00:04:09", "end": "00:04:12", "text": "to be looking at and that is whether or"}, {"start": "00:04:10", "end": "00:04:14", "text": "not Trump says anything about ethics. Be"}, {"start": "00:04:12", "end": "00:04:16", "text": "watching. Here's a clip."}, {"start": "00:04:14", "end": "00:04:18", "text": ">> It is ethics. Ethics. Ethics. Yes, there"}, {"start": "00:04:16", "end": "00:04:20", "text": "are other issues as it relates to the"}, {"start": "00:04:18", "end": "00:04:22", "text": "BRCA, as it relates to stable coin"}, {"start": "00:04:20", "end": "00:04:24", "text": "yield, but you're not getting 60 votes"}, {"start": "00:04:22", "end": "00:04:26", "text": "no matter what without an ethics"}, {"start": "00:04:24", "end": "00:04:28", "text": "resolution. The White House is going to"}, {"start": "00:04:26", "end": "00:04:31", "text": "have to come out and say something on"}, {"start": "00:04:28", "end": "00:04:33", "text": "the ethics proposal from Senators Tillis"}, {"start": "00:04:31", "end": "00:04:36", "text": "and Ggo."}, {"start": "00:04:33", "end": "00:04:37", "text": ">> All right. So to that point, watch for"}, {"start": "00:04:36", "end": "00:04:39", "text": "notes coming out of the White House."}, {"start": "00:04:37", "end": "00:04:41", "text": "Could come from President Trump. He"}, {"start": "00:04:39", "end": "00:04:44", "text": "sometimes will go off the cuff. The"}, {"start": "00:04:41", "end": "00:04:46", "text": "other thing you have to look at is"}, {"start": "00:04:44", "end": "00:04:48", "text": "another carrot that is being dangled out"}, {"start": "00:04:46", "end": "00:04:51", "text": "there. This comes in from Patrick Wit"}, {"start": "00:04:48", "end": "00:04:53", "text": "talking about the SEC seats. Remember"}, {"start": "00:04:51", "end": "00:04:55", "text": "the Democrats are wanting to get in on"}, {"start": "00:04:53", "end": "00:04:57", "text": "this. Watch this clip."}, {"start": "00:04:55", "end": "00:05:00", "text": ">> Minority Leader Chuck Schumer had sent"}, {"start": "00:04:57", "end": "00:05:02", "text": "names to the White House for those jobs."}, {"start": "00:05:00", "end": "00:05:04", "text": "when do you think we see the White House"}, {"start": "00:05:02", "end": "00:05:05", "text": "put those names forward?"}, {"start": "00:05:04", "end": "00:05:08", "text": ">> You know, it's it's part of the the"}, {"start": "00:05:05", "end": "00:05:09", "text": "clarity negotiation and you know, we've"}, {"start": "00:05:08", "end": "00:05:11", "text": "also made clear that uh as part of"}, {"start": "00:05:09", "end": "00:05:13", "text": "getting this bill done, uh there would"}, {"start": "00:05:11", "end": "00:05:15", "text": "be an agreement on advancing uh"}, {"start": "00:05:13", "end": "00:05:17", "text": "Democratic commissioners to to both"}, {"start": "00:05:15", "end": "00:05:20", "text": "commissions. So, again, another reason"}, {"start": "00:05:17", "end": "00:05:21", "text": "why if if you're a Democrat, this is a"}, {"start": "00:05:20", "end": "00:05:23", "text": "you know, a reason to vote for this"}, {"start": "00:05:21", "end": "00:05:24", "text": "bill."}, {"start": "00:05:23", "end": "00:05:25", "text": ">> All right, a reason to vote for the"}, {"start": "00:05:24", "end": "00:05:27", "text": "bill. You can kind of see it. Other"}, {"start": "00:05:25", "end": "00:05:29", "text": "things to watch guys right now you've"}, {"start": "00:05:27", "end": "00:05:31", "text": "got the Salana Summit coming up"}, {"start": "00:05:29", "end": "00:05:33", "text": "literally the day before clarity that's"}, {"start": "00:05:31", "end": "00:05:36", "text": "on September 14th so Washington Wall"}, {"start": "00:05:33", "end": "00:05:39", "text": "Street getting ready for that you also"}, {"start": "00:05:36", "end": "00:05:41", "text": "have ARCs mainet launching on the 16th"}, {"start": "00:05:39", "end": "00:05:44", "text": "so interesting timings uh happening"}, {"start": "00:05:41", "end": "00:05:46", "text": "right now and if you look at it with"}, {"start": "00:05:44", "end": "00:05:48", "text": "mainet launching they're having a whole"}, {"start": "00:05:46", "end": "00:05:50", "text": "event on this thing so this could be a"}, {"start": "00:05:48", "end": "00:05:53", "text": "lot bigger deal than people are giving"}, {"start": "00:05:50", "end": "00:05:56", "text": "it credit for so be on the lookout for"}, {"start": "00:05:53", "end": "00:05:59", "text": "that one thing I do want to say is that"}, {"start": "00:05:56", "end": "00:06:00", "text": "if there is a stock or a token to watch,"}, {"start": "00:05:59", "end": "00:06:02", "text": "Circle may be one of those to keep an"}, {"start": "00:06:00", "end": "00:06:05", "text": "eye on because if this does go through"}, {"start": "00:06:02", "end": "00:06:07", "text": "in any way, Circle is going to have a"}, {"start": "00:06:05", "end": "00:06:09", "text": "pump. If you look at any kind of issues"}, {"start": "00:06:07", "end": "00:06:11", "text": "with the Fed, Circle most likely will"}, {"start": "00:06:09", "end": "00:06:13", "text": "get a pump because if we get a rate"}, {"start": "00:06:11", "end": "00:06:15", "text": "hike, so there's a lot of variables here"}, {"start": "00:06:13", "end": "00:06:17", "text": "that could push that stock. And if you"}, {"start": "00:06:15", "end": "00:06:19", "text": "look at what Poly Market's rate right"}, {"start": "00:06:17", "end": "00:06:22", "text": "now is holding at, we're still looking"}, {"start": "00:06:19", "end": "00:06:25", "text": "at a quarter basis points as a possible"}, {"start": "00:06:22", "end": "00:06:27", "text": "rate hike, holding at around 82%. So,"}, {"start": "00:06:25", "end": "00:06:29", "text": "let me jump over to a clip real quick."}, {"start": "00:06:27", "end": "00:06:30", "text": "This is A on the ARC launch. Take a"}, {"start": "00:06:29", "end": "00:06:34", "text": "look."}, {"start": "00:06:30", "end": "00:06:35", "text": ">> This is the last stream before mainet. A"}, {"start": "00:06:34", "end": "00:06:38", "text": "is one of the hottest platforms right"}, {"start": "00:06:35", "end": "00:06:42", "text": "now in DeFi. Being on ARC on day one,"}, {"start": "00:06:38", "end": "00:06:45", "text": ">> we're wanting to borrow USDC. I'll be"}, {"start": "00:06:42", "end": "00:06:47", "text": "responsible and borrow 25 bucks. You'll"}, {"start": "00:06:45", "end": "00:06:48", "text": "see borrow APY here, which is how much"}, {"start": "00:06:47", "end": "00:06:51", "text": "you're going to have to pay for the"}, {"start": "00:06:48", "end": "00:06:53", "text": "privilege of this of this loan. Is that"}, {"start": "00:06:51", "end": "00:06:54", "text": "right now on on mainet in particular,"}, {"start": "00:06:53", "end": "00:06:57", "text": "there's kind of like a rebate for"}, {"start": "00:06:54", "end": "00:06:59", "text": "borrowing USC. So, the rate is uh quite"}, {"start": "00:06:57", "end": "00:07:02", "text": "cheap. You can see the the default rate"}, {"start": "00:06:59", "end": "00:07:04", "text": "is 3.9%, but there's a 2% rebate. So, if"}, {"start": "00:07:02", "end": "00:07:06", "text": "you want a cheap loan between now and"}, {"start": "00:07:04", "end": "00:07:08", "text": "the the ARC deployment for in USDC, I"}, {"start": "00:07:06", "end": "00:07:09", "text": "guess now is the time. you know, let's"}, {"start": "00:07:08", "end": "00:07:11", "text": "say you're building a payments app for"}, {"start": "00:07:09", "end": "00:07:13", "text": "freelancers or something in South"}, {"start": "00:07:11", "end": "00:07:15", "text": "America. One of the core features you"}, {"start": "00:07:13", "end": "00:07:18", "text": "could offer because a will be live on"}, {"start": "00:07:15", "end": "00:07:22", "text": "ARC is that you could offer USDC yield"}, {"start": "00:07:18", "end": "00:07:24", "text": "to your users natively powered by a so"}, {"start": "00:07:22", "end": "00:07:26", "text": "there are products like um Etherfy for"}, {"start": "00:07:24", "end": "00:07:28", "text": "example who replace their whole Ether"}, {"start": "00:07:26", "end": "00:07:30", "text": "cash credit. They have this like card"}, {"start": "00:07:28", "end": "00:07:32", "text": "thing and it has a credit backend on it."}, {"start": "00:07:30", "end": "00:07:34", "text": "they replace the whole credit backend"}, {"start": "00:07:32", "end": "00:07:36", "text": "with V4 and it's so it it gives"}, {"start": "00:07:34", "end": "00:07:39", "text": "developers a new level of flexibility"}, {"start": "00:07:36", "end": "00:07:40", "text": "and your local bank does not match that."}, {"start": "00:07:39", "end": "00:07:41", "text": "I'm sorry."}, {"start": "00:07:40", "end": "00:07:43", "text": ">> So you can see there's going to be some"}, {"start": "00:07:41", "end": "00:07:45", "text": "pressure on the banks that could cause"}, {"start": "00:07:43", "end": "00:07:47", "text": "especially with this ARC launch. So get"}, {"start": "00:07:45", "end": "00:07:49", "text": "ready that could cause a little bit of a"}, {"start": "00:07:47", "end": "00:07:52", "text": "turmoil within the banking community. If"}, {"start": "00:07:49", "end": "00:07:56", "text": "you look at the DeFi lama right now on"}, {"start": "00:07:52", "end": "00:07:58", "text": "Robin Hood, it is started to decline."}, {"start": "00:07:56", "end": "00:07:59", "text": "That's right. It started to decline and"}, {"start": "00:07:58", "end": "00:08:01", "text": "the reason is this right here. Salana"}, {"start": "00:07:59", "end": "00:08:04", "text": "has reclaimed its position as the top"}, {"start": "00:08:01", "end": "00:08:07", "text": "source of trading. All of this coming on"}, {"start": "00:08:04", "end": "00:08:09", "text": "11 consecutive days of dominance held by"}, {"start": "00:08:07", "end": "00:08:12", "text": "Robin Hood. When you look at that, what"}, {"start": "00:08:09", "end": "00:08:15", "text": "is it? Well, it's this right here. We're"}, {"start": "00:08:12", "end": "00:08:17", "text": "talking about XTOX now pushing 300,000"}, {"start": "00:08:15", "end": "00:08:20", "text": "unique holders by bringing in 20,000"}, {"start": "00:08:17", "end": "00:08:22", "text": "plus in the last 24 hours. All of this"}, {"start": "00:08:20", "end": "00:08:24", "text": "is pushing to coming where we're going"}, {"start": "00:08:22", "end": "00:08:27", "text": "to see more tokenized I think on Salana."}, {"start": "00:08:24", "end": "00:08:29", "text": "and it does push this into things like"}, {"start": "00:08:27", "end": "00:08:32", "text": "stock which is one of the platforms that"}, {"start": "00:08:29", "end": "00:08:34", "text": "we've seen crazy growth on and I think"}, {"start": "00:08:32", "end": "00:08:35", "text": "as you start to see the shift here"}, {"start": "00:08:34", "end": "00:08:36", "text": "whether it is going to be Robin Hood and"}, {"start": "00:08:35", "end": "00:08:38", "text": "it's going to be a battle it's going to"}, {"start": "00:08:36", "end": "00:08:40", "text": "be a battle between Salana I think and"}, {"start": "00:08:38", "end": "00:08:43", "text": "Robin Hood going forward kind of hit it"}, {"start": "00:08:40", "end": "00:08:45", "text": "right here NASDAQ trading almost 60"}, {"start": "00:08:43", "end": "00:08:47", "text": "million and right now Salana trading at"}, {"start": "00:08:45", "end": "00:08:50", "text": "32 million in terms of the number of"}, {"start": "00:08:47", "end": "00:08:52", "text": "trades so uh just about 2x to go to be"}, {"start": "00:08:50", "end": "00:08:54", "text": "able to hit that last up is if you're"}, {"start": "00:08:52", "end": "00:08:57", "text": "not watching Jup are getting ready to"}, {"start": "00:08:54", "end": "00:08:59", "text": "launch something big. This is setting up"}, {"start": "00:08:57", "end": "00:09:01", "text": "around yield strategies managed by"}, {"start": "00:08:59", "end": "00:09:04", "text": "someone. If you haven't opened your your"}, {"start": "00:09:01", "end": "00:09:05", "text": "JUP app here recently, do it and you'll"}, {"start": "00:09:04", "end": "00:09:07", "text": "start to understand some of the things"}, {"start": "00:09:05", "end": "00:09:10", "text": "that they are doing that would align"}, {"start": "00:09:07", "end": "00:09:12", "text": "with where this market is going. Talking"}, {"start": "00:09:10", "end": "00:09:13", "text": "about alignment, you've got the UK House"}, {"start": "00:09:12", "end": "00:09:14", "text": "of Lords now passing an amendment that"}, {"start": "00:09:13", "end": "00:09:17", "text": "simply says, \"Hey, we got to have a"}, {"start": "00:09:14", "end": "00:09:20", "text": "digital asset strategy within the next"}, {"start": "00:09:17", "end": "00:09:22", "text": "12 months covering crypto specifically.\""}, {"start": "00:09:20", "end": "00:09:25", "text": "And the other points behind that is that"}, {"start": "00:09:22", "end": "00:09:27", "text": "Canada's banking regulator says banks"}, {"start": "00:09:25", "end": "00:09:31", "text": "now can launch blockchain deposit"}, {"start": "00:09:27", "end": "00:09:32", "text": "products this year. That's 2026. So"}, {"start": "00:09:31", "end": "00:09:34", "text": "let's go over and take a look at the"}, {"start": "00:09:32", "end": "00:09:36", "text": "digital Canadian dollar. What they're"}, {"start": "00:09:34", "end": "00:09:38", "text": "highlighting right here. The bank is"}, {"start": "00:09:36", "end": "00:09:40", "text": "scaling down its work on a retail"}, {"start": "00:09:38", "end": "00:09:42", "text": "central bank digital currency and"}, {"start": "00:09:40", "end": "00:09:44", "text": "shifting to its focus on broader payment"}, {"start": "00:09:42", "end": "00:09:46", "text": "system research. You know what that"}, {"start": "00:09:44", "end": "00:09:48", "text": "means, guys? That means blockchain. I"}, {"start": "00:09:46", "end": "00:09:50", "text": "want to end with a couple of clips. Here"}, {"start": "00:09:48", "end": "00:09:52", "text": "is someone you might recognize. This is"}, {"start": "00:09:50", "end": "00:09:54", "text": "eight years ago. Take a look."}, {"start": "00:09:52", "end": "00:09:57", "text": ">> This sort of vision of us sitting in the"}, {"start": "00:09:54", "end": "00:10:00", "text": "in the pub doing uh simultaneously"}, {"start": "00:09:57", "end": "00:10:01", "text": "clearing the price of the drinks uh"}, {"start": "00:10:00", "end": "00:10:02", "text": "using this technology. How how do you"}, {"start": "00:10:01", "end": "00:10:04", "text": "see that? That's about just getting rid"}, {"start": "00:10:02", "end": "00:10:05", "text": "of the middleman in financial"}, {"start": "00:10:04", "end": "00:10:07", "text": "transactions."}, {"start": "00:10:05", "end": "00:10:10", "text": ">> I mean, so part of the um the genius, if"}, {"start": "00:10:07", "end": "00:10:11", "text": "you will, of cryptocurrencies is that as"}, {"start": "00:10:10", "end": "00:10:12", "text": "we all know, they're distributed. They"}, {"start": "00:10:11", "end": "00:10:14", "text": "cut out the central banks, they cut out"}, {"start": "00:10:12", "end": "00:10:17", "text": "the banks, and they're ideally directly"}, {"start": "00:10:14", "end": "00:10:18", "text": "peer-to-peer between you and I. And what"}, {"start": "00:10:17", "end": "00:10:21", "text": "we're doing at the Bank of England is"}, {"start": "00:10:18", "end": "00:10:24", "text": "we're reorganizing the core of the"}, {"start": "00:10:21", "end": "00:10:26", "text": "system in a way that allows uh new"}, {"start": "00:10:24", "end": "00:10:28", "text": "payment providers to just plug in."}, {"start": "00:10:26", "end": "00:10:31", "text": "You're seeing similar innovation amongst"}, {"start": "00:10:28", "end": "00:10:33", "text": "banks in the US, other places. And so"}, {"start": "00:10:31", "end": "00:10:35", "text": "this is coming. Bringing uh"}, {"start": "00:10:33", "end": "00:10:38", "text": "cryptocurrencies into the regulated"}, {"start": "00:10:35", "end": "00:10:40", "text": "tent, if you will. Uh some will grow,"}, {"start": "00:10:38", "end": "00:10:43", "text": "some will many more will fall by the"}, {"start": "00:10:40", "end": "00:10:45", "text": "wayside, but that's that's a good thing."}, {"start": "00:10:43", "end": "00:10:47", "text": ">> All right. You recognize that that of"}, {"start": "00:10:45", "end": "00:10:51", "text": "course Mark Carney now the prime"}, {"start": "00:10:47", "end": "00:10:53", "text": "minister in Canada. All of this planning"}, {"start": "00:10:51", "end": "00:10:56", "text": "way out ahead. I want to go to this last"}, {"start": "00:10:53", "end": "00:10:58", "text": "clip. Uh and again this will get to the"}, {"start": "00:10:56", "end": "00:10:59", "text": "point where the banks might be screwed."}, {"start": "00:10:58", "end": "00:11:01", "text": "Take a look."}, {"start": "00:10:59", "end": "00:11:03", "text": ">> For the past year and a half we've been"}, {"start": "00:11:01", "end": "00:11:05", "text": "building building the very things that"}, {"start": "00:11:03", "end": "00:11:07", "text": "bring our communities together that"}, {"start": "00:11:05", "end": "00:11:08", "text": "stand the test of time. So even though"}, {"start": "00:11:07", "end": "00:11:10", "text": "the United States trade actions will"}, {"start": "00:11:08", "end": "00:11:13", "text": "cause us some challenges in the short"}, {"start": "00:11:10", "end": "00:11:16", "text": "term, we are going to just move faster,"}, {"start": "00:11:13", "end": "00:11:18", "text": "make it even more attractive to invest"}, {"start": "00:11:16", "end": "00:11:20", "text": "here in Canada and break down more"}, {"start": "00:11:18", "end": "00:11:22", "text": "barriers between our provinces so we can"}, {"start": "00:11:20", "end": "00:11:24", "text": "become our own best customer."}, {"start": "00:11:22", "end": "00:11:26", "text": ">> If you're if you're JP Morgan or any"}, {"start": "00:11:24", "end": "00:11:28", "text": "financial institution, you've bas you're"}, {"start": "00:11:26", "end": "00:11:29", "text": "basically saying you think the most"}, {"start": "00:11:28", "end": "00:11:31", "text": "positive thing about this technology is"}, {"start": "00:11:29", "end": "00:11:33", "text": "it can get rid of all the profits that"}, {"start": "00:11:31", "end": "00:11:35", "text": "you make as a financial intermediary. Is"}, {"start": "00:11:33", "end": "00:11:37", "text": "that basically where you're going? Well,"}, {"start": "00:11:35", "end": "00:11:39", "text": "I I'm not going to speak for individual"}, {"start": "00:11:37", "end": "00:11:40", "text": "financial institutions. Uh maybe more"}, {"start": "00:11:39", "end": "00:11:42", "text": "money from understanding their their"}, {"start": "00:11:40", "end": "00:11:44", "text": "their customers better better more money"}, {"start": "00:11:42", "end": "00:11:46", "text": "from under uh you know from providing"}, {"start": "00:11:44", "end": "00:11:48", "text": "other core banking services. But look uh"}, {"start": "00:11:46", "end": "00:11:50", "text": "payment costs uh are going to keep going"}, {"start": "00:11:48", "end": "00:11:53", "text": "down. Uh the profits from this business"}, {"start": "00:11:50", "end": "00:11:55", "text": "I would expect will go down. All right."}, {"start": "00:11:53", "end": "00:11:57", "text": "So you can see there JP Morgan"}, {"start": "00:11:55", "end": "00:12:00", "text": "definitely called out. I think the point"}, {"start": "00:11:57", "end": "00:12:02", "text": "now is things are shifting in a very big"}, {"start": "00:12:00", "end": "00:12:06", "text": "way. All of this happening guys all at"}, {"start": "00:12:02", "end": "00:12:06", "text": "once. So stay tuned."}, {"start": "00:12:07", "end": "00:12:09", "text": ">> [music]"}, {"start": "00:12:10", "end": "00:12:14", "text": ">> If you like this video, hit like and"}, {"start": "00:12:12", "end": "00:12:16", "text": "subscribe. Drop a comment down below and"}, {"start": "00:12:14", "end": "00:12:17", "text": "also join our [music] free private"}, {"start": "00:12:16", "end": "00:12:20", "text": "member group. The link is in the"}, {"start": "00:12:17", "end": "00:12:20", "text": "description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "unlimited inflation starting to rain"}, {"start": "00:00:02", "end": "00:00:04", "text": "down on us today. We're going to be"}, {"start": "00:00:03", "end": "00:00:06", "text": "breaking that down because there is a"}, {"start": "00:00:04", "end": "00:00:08", "text": "lot starting to move into the market."}, {"start": "00:00:06", "end": "00:00:09", "text": "But before we do that, I want to thank"}, {"start": "00:00:08", "end": "00:00:10", "text": "our sponsor and that's Itrust Capital"}, {"start": "00:00:09", "end": "00:00:13", "text": "where you guys can get into your own"}, {"start": "00:00:10", "end": "00:00:15", "text": "crypto IRA, cryptocurrency, stocks,"}, {"start": "00:00:13", "end": "00:00:18", "text": "gold, and silver. All available over on"}, {"start": "00:00:15", "end": "00:00:20", "text": "Itrust Capital. One account, unlimited"}, {"start": "00:00:18", "end": "00:00:21", "text": "possibilities. This is one of the"}, {"start": "00:00:20", "end": "00:00:23", "text": "platforms. They've been around for quite"}, {"start": "00:00:21", "end": "00:00:26", "text": "a while. You guys can go over and use"}, {"start": "00:00:23", "end": "00:00:28", "text": "them. If you have a current IRA, you can"}, {"start": "00:00:26", "end": "00:00:31", "text": "transfer that. If you want to start a"}, {"start": "00:00:28", "end": "00:00:33", "text": "brand new IRA, you can also do that as"}, {"start": "00:00:31", "end": "00:00:35", "text": "well. So, just use our link down below."}, {"start": "00:00:33", "end": "00:00:36", "text": "It's going to give you a $100 funding"}, {"start": "00:00:35", "end": "00:00:38", "text": "reward to get started, and you're going"}, {"start": "00:00:36", "end": "00:00:40", "text": "to have to start tax planning soon. And"}, {"start": "00:00:38", "end": "00:00:42", "text": "IAS are one of the diversification"}, {"start": "00:00:40", "end": "00:00:44", "text": "things that you should be doing to set"}, {"start": "00:00:42", "end": "00:00:46", "text": "yourself up for success. Let's just jump"}, {"start": "00:00:44", "end": "00:00:48", "text": "right into it. I want to bring in Tim"}, {"start": "00:00:46", "end": "00:00:49", "text": "Warren to kind of help me out today. And"}, {"start": "00:00:48", "end": "00:00:51", "text": "we're going to also take a look at"}, {"start": "00:00:49", "end": "00:00:53", "text": "several tokens out there. So, let's"}, {"start": "00:00:51", "end": "00:00:55", "text": "welcome in Tim Warren. How are you, Tim?"}, {"start": "00:00:53", "end": "00:00:57", "text": ">> I'm doing good, Paul. How you doing?"}, {"start": "00:00:55", "end": "00:00:59", "text": ">> Doing great. Listen, if you guys are not"}, {"start": "00:00:57", "end": "00:01:02", "text": "uh checking out Tim's channel, jump over"}, {"start": "00:00:59", "end": "00:01:04", "text": "to Tim Warren Trades right there on"}, {"start": "00:01:02", "end": "00:01:06", "text": "YouTube. You guys can find him there."}, {"start": "00:01:04", "end": "00:01:09", "text": "Does a great job on covering"}, {"start": "00:01:06", "end": "00:01:11", "text": ">> everything included laptops. So, that"}, {"start": "00:01:09", "end": "00:01:14", "text": "was an interesting Are Memecoins dead?"}, {"start": "00:01:11", "end": "00:01:16", "text": "Lot happening on that front, but we're"}, {"start": "00:01:14", "end": "00:01:19", "text": "going to get into a few things before we"}, {"start": "00:01:16", "end": "00:01:21", "text": "get started. I want to lead off with uh"}, {"start": "00:01:19", "end": "00:01:24", "text": "just a little bit of a reminder because"}, {"start": "00:01:21", "end": "00:01:27", "text": "last night there were more promises, but"}, {"start": "00:01:24", "end": "00:01:29", "text": "as everybody knows, we had the $5,000"}, {"start": "00:01:27", "end": "00:01:32", "text": "Doge dividend tied that never happened."}, {"start": "00:01:29", "end": "00:01:35", "text": "The $2,000 tariff dividend, the $1,000"}, {"start": "00:01:32", "end": "00:01:37", "text": "payments for ACA subsidies, the $5,000"}, {"start": "00:01:35", "end": "00:01:40", "text": "Trump dividend"}, {"start": "00:01:37", "end": "00:01:42", "text": "now is in play if [snorts] Republicans"}, {"start": "00:01:40", "end": "00:01:45", "text": "win the midterms. So now they're holding"}, {"start": "00:01:42", "end": "00:01:48", "text": "the midterms hostage on this. And I got"}, {"start": "00:01:45", "end": "00:01:50", "text": "to play a clip for you before we uh get"}, {"start": "00:01:48", "end": "00:01:52", "text": "your com comments on this, but let's go"}, {"start": "00:01:50", "end": "00:01:54", "text": "to this clip. Take a look."}, {"start": "00:01:52", "end": "00:01:56", "text": ">> And here is my promise. If the"}, {"start": "00:01:54", "end": "00:01:58", "text": "Republicans win the House of"}, {"start": "00:01:56", "end": "00:02:02", "text": "Representatives and the United States"}, {"start": "00:01:58", "end": "00:02:04", "text": "Senate, I will issue a dividend to every"}, {"start": "00:02:02", "end": "00:02:08", "text": "adult citizen in the United States of"}, {"start": "00:02:04", "end": "00:02:11", "text": "America for $5,000."}, {"start": "00:02:08", "end": "00:02:13", "text": "It will be called the Trump dividend."}, {"start": "00:02:11", "end": "00:02:15", "text": ">> Trump dividend to raise some eyebrows."}, {"start": "00:02:13", "end": "00:02:16", "text": "It raised my eyebrows. Both hands"}, {"start": "00:02:15", "end": "00:02:18", "text": "[laughter] went up at the same time."}, {"start": "00:02:16", "end": "00:02:21", "text": ">> But if I can hear the critics's heads"}, {"start": "00:02:18", "end": "00:02:23", "text": "exploding. President is bribing voters"}, {"start": "00:02:21", "end": "00:02:24", "text": "to vote for Republicans to take over the"}, {"start": "00:02:23", "end": "00:02:26", "text": "House"}, {"start": "00:02:24", "end": "00:02:29", "text": ">> and then he's bankrupting the country"}, {"start": "00:02:26", "end": "00:02:31", "text": "because the deficit and debt is huge and"}, {"start": "00:02:29", "end": "00:02:33", "text": "inflation would come back if this comes"}, {"start": "00:02:31", "end": "00:02:34", "text": "into play. So how do you answer those"}, {"start": "00:02:33", "end": "00:02:36", "text": "criticisms?"}, {"start": "00:02:34", "end": "00:02:37", "text": ">> We're taking in an extraordinary amount"}, {"start": "00:02:36", "end": "00:02:39", "text": "of revenue. Those penalties have"}, {"start": "00:02:37", "end": "00:02:41", "text": "generated a lot of revenues. They've"}, {"start": "00:02:39", "end": "00:02:43", "text": "helped us pay down debt. clearly has no"}, {"start": "00:02:41", "end": "00:02:44", "text": "interest in bringing debt under control."}, {"start": "00:02:43", "end": "00:02:44", "text": "I think that's the message for the"}, {"start": "00:02:44", "end": "00:02:46", "text": "market."}, {"start": "00:02:44", "end": "00:02:47", "text": ">> Yeah, that's the important instinct."}, {"start": "00:02:46", "end": "00:02:50", "text": ">> He's trying to control yields and bring"}, {"start": "00:02:47", "end": "00:02:54", "text": "them down. Let's take a close look here"}, {"start": "00:02:50", "end": "00:02:54", "text": "at Besson's reaction again."}, {"start": "00:02:54", "end": "00:02:56", "text": ">> I don't know if he was ready for that"}, {"start": "00:02:56", "end": "00:02:58", "text": "one."}, {"start": "00:02:56", "end": "00:03:00", "text": ">> If my Republican senator wins, I'm"}, {"start": "00:02:58", "end": "00:03:02", "text": "getting five grand. That that that's"}, {"start": "00:03:00", "end": "00:03:02", "text": "pretty direct and simple and"}, {"start": "00:03:02", "end": "00:03:04", "text": "straightforward."}, {"start": "00:03:02", "end": "00:03:05", "text": ">> I think that's math that everybody"}, {"start": "00:03:04", "end": "00:03:06", "text": "understands, Martha."}, {"start": "00:03:05", "end": "00:03:07", "text": ">> Yeah, I I think it is, too."}, {"start": "00:03:06", "end": "00:03:09", "text": ">> We're all doing the math. So, all get"}, {"start": "00:03:07", "end": "00:03:13", "text": "your calculator out. I can do do it for"}, {"start": "00:03:09", "end": "00:03:16", "text": "you. It's roughly $135"}, {"start": "00:03:13", "end": "00:03:17", "text": "trillion."}, {"start": "00:03:16", "end": "00:03:20", "text": "Where's the money going to come from"}, {"start": "00:03:17", "end": "00:03:25", "text": "when you've got a 6% deficit and debt to"}, {"start": "00:03:20", "end": "00:03:28", "text": "GDP over 120%? That's about 5% of US"}, {"start": "00:03:25", "end": "00:03:30", "text": "GDP, [snorts] 1/5 equivalent of all"}, {"start": "00:03:28", "end": "00:03:32", "text": "federal spending annually. And when you"}, {"start": "00:03:30", "end": "00:03:33", "text": ">> more than more than defense,"}, {"start": "00:03:32", "end": "00:03:33", "text": ">> more than the interest payment at the"}, {"start": "00:03:33", "end": "00:03:37", "text": "moment,"}, {"start": "00:03:33", "end": "00:03:40", "text": ">> how far is that $5,000 going to go when"}, {"start": "00:03:37", "end": "00:03:43", "text": "diesel is more than $220 more expensive?"}, {"start": "00:03:40", "end": "00:03:44", "text": "Gas is more than a dollar a gallon more"}, {"start": "00:03:43", "end": "00:03:46", "text": "expensive."}, {"start": "00:03:44", "end": "00:03:46", "text": ">> I'm working my ass off to get you oil"}, {"start": "00:03:46", "end": "00:03:48", "text": "and gas."}, {"start": "00:03:46", "end": "00:03:50", "text": ">> People who are taking out mortgages"}, {"start": "00:03:48", "end": "00:03:53", "text": "facing hundreds of dollars more on their"}, {"start": "00:03:50", "end": "00:03:56", "text": "monthly payments because of that. $5,000"}, {"start": "00:03:53", "end": "00:03:59", "text": "in that context may not actually go very"}, {"start": "00:03:56", "end": "00:04:02", "text": "far. Where's the extra money going to"}, {"start": "00:03:59", "end": "00:04:05", "text": "come from? I ask all of you out there,"}, {"start": "00:04:02", "end": "00:04:07", "text": "whatever your political persuasion is."}, {"start": "00:04:05", "end": "00:04:09", "text": ">> Where is the money going to come from?"}, {"start": "00:04:07", "end": "00:04:11", "text": "So, uh, is this just, you know, it's"}, {"start": "00:04:09", "end": "00:04:14", "text": "just more, you know, I feel like it's"}, {"start": "00:04:11", "end": "00:04:15", "text": "more, you know, fake promises coming out"}, {"start": "00:04:14", "end": "00:04:17", "text": "of the White House right now."}, {"start": "00:04:15", "end": "00:04:18", "text": ">> Paul, I I can make the sound of where"}, {"start": "00:04:17", "end": "00:04:19", "text": "the money's coming from."}, {"start": "00:04:18", "end": "00:04:21", "text": ">> Yeah,"}, {"start": "00:04:19", "end": "00:04:21", "text": ">> it goes."}, {"start": "00:04:21", "end": "00:04:24", "text": "That's it."}, {"start": "00:04:21", "end": "00:04:25", "text": ">> Oh, well, yeah, you could do that. Yeah,"}, {"start": "00:04:24", "end": "00:04:28", "text": ">> you could do that. Well, hey, you know,"}, {"start": "00:04:25", "end": "00:04:30", "text": "Trump's not done, okay? It wasn't only"}, {"start": "00:04:28", "end": "00:04:31", "text": "the 5,000. There's more. We got more for"}, {"start": "00:04:30", "end": "00:04:32", "text": "you guys. So,"}, {"start": "00:04:31", "end": "00:04:34", "text": ">> yeah,"}, {"start": "00:04:32", "end": "00:04:35", "text": ">> we got we got more. We got more. Take a"}, {"start": "00:04:34", "end": "00:04:38", "text": "look."}, {"start": "00:04:35", "end": "00:04:39", "text": ">> Today, I'm very thrilled to make an"}, {"start": "00:04:38", "end": "00:04:41", "text": "important announcement. Our"}, {"start": "00:04:39", "end": "00:04:43", "text": "administration is doing the right thing"}, {"start": "00:04:41", "end": "00:04:46", "text": "and giving the money back to the people"}, {"start": "00:04:43", "end": "00:04:48", "text": "who were wrongly ripped off. Nearly 1"}, {"start": "00:04:46", "end": "00:04:51", "text": "million hardworking Americans in 30"}, {"start": "00:04:48", "end": "00:04:54", "text": "states will soon be getting refunds of"}, {"start": "00:04:51", "end": "00:04:57", "text": "$500 each with a check sent to their"}, {"start": "00:04:54", "end": "00:04:59", "text": "home address. In many cases, these"}, {"start": "00:04:57", "end": "00:05:01", "text": "refunds will cover the entire spike in"}, {"start": "00:04:59", "end": "00:05:04", "text": "your insurance. The rebates are going"}, {"start": "00:05:01", "end": "00:05:06", "text": "out in just a few weeks. Thank you very"}, {"start": "00:05:04", "end": "00:05:07", "text": "much."}, {"start": "00:05:06", "end": "00:05:10", "text": "All right, so we're going to get some"}, {"start": "00:05:07", "end": "00:05:12", "text": "cash back supposedly for your insurance."}, {"start": "00:05:10", "end": "00:05:16", "text": "Uh enormous increases that everybody's"}, {"start": "00:05:12", "end": "00:05:18", "text": "been paying. So just nonsense because"}, {"start": "00:05:16", "end": "00:05:21", "text": "most of this is just not and not going"}, {"start": "00:05:18", "end": "00:05:23", "text": "to happen. Could not happen in any way."}, {"start": "00:05:21", "end": "00:05:26", "text": "But at the same time, it just makes the"}, {"start": "00:05:23", "end": "00:05:28", "text": "Republicans look bad."}, {"start": "00:05:26", "end": "00:05:30", "text": ">> Yeah, it does. It does make Republicans"}, {"start": "00:05:28", "end": "00:05:31", "text": "look bad. It makes it it makes anyone"}, {"start": "00:05:30", "end": "00:05:33", "text": "who thinks about it rationally look bad."}, {"start": "00:05:31", "end": "00:05:34", "text": "I think what he's banking on though,"}, {"start": "00:05:33", "end": "00:05:36", "text": "Paul, is that there are idiots who don't"}, {"start": "00:05:34", "end": "00:05:38", "text": "know what they're looking at and they're"}, {"start": "00:05:36", "end": "00:05:39", "text": "going to think, \"Oh, if I vote for this,"}, {"start": "00:05:38", "end": "00:05:41", "text": "I'll I'll or if I if this side wins,"}, {"start": "00:05:39", "end": "00:05:42", "text": "because again, that's I asked the"}, {"start": "00:05:41", "end": "00:05:43", "text": "question. I was like, is this even"}, {"start": "00:05:42", "end": "00:05:45", "text": "legal? can even do this. You can't pay"}, {"start": "00:05:43", "end": "00:05:47", "text": "people to vote a certain way, but"}, {"start": "00:05:45", "end": "00:05:49", "text": "technically the way he worded it is as"}, {"start": "00:05:47", "end": "00:05:50", "text": "long as Republicans win, it doesn't"}, {"start": "00:05:49", "end": "00:05:52", "text": "matter if you voted Democrat, it doesn't"}, {"start": "00:05:50", "end": "00:05:54", "text": "matter if you didn't vote,"}, {"start": "00:05:52", "end": "00:05:56", "text": ">> you get $5,000. Here's what he's not"}, {"start": "00:05:54", "end": "00:05:57", "text": "telling you though, Paul, anybody, is"}, {"start": "00:05:56", "end": "00:05:59", "text": "that he doesn't have the authority to"}, {"start": "00:05:57", "end": "00:06:01", "text": "just authorize this. The same thing as"}, {"start": "00:05:59", "end": "00:06:04", "text": "those Doge dividends or any of the other"}, {"start": "00:06:01", "end": "00:06:06", "text": "ones, he has to get Congress to pass it."}, {"start": "00:06:04", "end": "00:06:09", "text": "And even if Republicans held the House"}, {"start": "00:06:06", "end": "00:06:10", "text": "and the Senate, even Republicans, I"}, {"start": "00:06:09", "end": "00:06:12", "text": "think you're not going to find a"}, {"start": "00:06:10", "end": "00:06:13", "text": "widespread"}, {"start": "00:06:12", "end": "00:06:15", "text": "complete agreement on this. So, at the"}, {"start": "00:06:13", "end": "00:06:18", "text": "end of the day, it's kind of, in my"}, {"start": "00:06:15", "end": "00:06:21", "text": "opinion, it's a false promise that later"}, {"start": "00:06:18", "end": "00:06:22", "text": "on, either A, Democrats win, and he just"}, {"start": "00:06:21", "end": "00:06:24", "text": "gets to blame the Democrats and, \"Oh,"}, {"start": "00:06:22", "end": "00:06:28", "text": "the Democrats are so bad. They kept you"}, {"start": "00:06:24", "end": "00:06:29", "text": "from getting $5,000.\" Or b, it passes"}, {"start": "00:06:28", "end": "00:06:31", "text": "and then he uses it to further divide"}, {"start": "00:06:29", "end": "00:06:33", "text": "the Republican party where he says, \"Oh,"}, {"start": "00:06:31", "end": "00:06:35", "text": "I I wanted to do this for you, but even"}, {"start": "00:06:33", "end": "00:06:37", "text": "these fake Republican senators are"}, {"start": "00:06:35", "end": "00:06:39", "text": "voting against it.\" It's just like it's"}, {"start": "00:06:37", "end": "00:06:42", "text": "just a it's just another hype tool. I"}, {"start": "00:06:39", "end": "00:06:43", "text": "mean, Trump does it. Rep other"}, {"start": "00:06:42", "end": "00:06:46", "text": "Republicans do this, Democrats do it."}, {"start": "00:06:43", "end": "00:06:47", "text": "This is just nasty politics. And"}, {"start": "00:06:46", "end": "00:06:49", "text": "unfortunately, there will be some people"}, {"start": "00:06:47", "end": "00:06:50", "text": "who think it's true and then will be"}, {"start": "00:06:49", "end": "00:06:51", "text": "heartbroken when it doesn't come to be."}, {"start": "00:06:50", "end": "00:06:52", "text": "I I don't even know if it's going to"}, {"start": "00:06:51", "end": "00:06:54", "text": "come to be. I don't know if Republicans"}, {"start": "00:06:52", "end": "00:06:56", "text": "are going to win, but they had to win"}, {"start": "00:06:54", "end": "00:06:56", "text": "both to get this. I doubt that's going"}, {"start": "00:06:56", "end": "00:06:58", "text": "to happen this."}, {"start": "00:06:56", "end": "00:07:00", "text": ">> Well, likelihood right now, I mean, the"}, {"start": "00:06:58", "end": "00:07:01", "text": "House, I think, is all but lost. The"}, {"start": "00:07:00", "end": "00:07:03", "text": "question is the Senate,"}, {"start": "00:07:01", "end": "00:07:06", "text": ">> uh, of where that plays out. You got"}, {"start": "00:07:03", "end": "00:07:08", "text": "Pomp coming in on this as well. Uh but"}, {"start": "00:07:06", "end": "00:07:10", "text": "he you know he looks at it simply as hey"}, {"start": "00:07:08", "end": "00:07:12", "text": "the more money that he hands out back to"}, {"start": "00:07:10", "end": "00:07:15", "text": "your point most likely printer uh means"}, {"start": "00:07:12", "end": "00:07:17", "text": "higher bitcoin gold and uh land is going"}, {"start": "00:07:15", "end": "00:07:19", "text": "to go. So uh which is the key for a lot"}, {"start": "00:07:17", "end": "00:07:23", "text": "of this around commodities. Hey I want"}, {"start": "00:07:19", "end": "00:07:25", "text": "to talk about the Bitcoin um situation"}, {"start": "00:07:23", "end": "00:07:27", "text": "because we saw a pump that was"}, {"start": "00:07:25", "end": "00:07:30", "text": "significant enough I think that set the"}, {"start": "00:07:27", "end": "00:07:33", "text": "market up into a bull run thesis. uh"}, {"start": "00:07:30", "end": "00:07:36", "text": "that of course has retraced back some"}, {"start": "00:07:33", "end": "00:07:37", "text": "because of the likely odds of a rate"}, {"start": "00:07:36", "end": "00:07:38", "text": "hike. We'll talk about that in a second."}, {"start": "00:07:37", "end": "00:07:41", "text": "I want to play this clip for you and"}, {"start": "00:07:38", "end": "00:07:43", "text": "then I want to get your Bitcoin uh"}, {"start": "00:07:41", "end": "00:07:45", "text": "review. Take a look."}, {"start": "00:07:43", "end": "00:07:48", "text": ">> Is this something where Bitcoin's surge"}, {"start": "00:07:45", "end": "00:07:49", "text": "is indicative of the rest of crypto? And"}, {"start": "00:07:48", "end": "00:07:52", "text": "then can it last?"}, {"start": "00:07:49", "end": "00:07:54", "text": ">> So the initial spike was on um a"}, {"start": "00:07:52", "end": "00:07:55", "text": "liquidation of shorts and we've seen a"}, {"start": "00:07:54", "end": "00:07:57", "text": "follow-through on the spot side. where"}, {"start": "00:07:55", "end": "00:07:59", "text": "we've seen open interest grow is on the"}, {"start": "00:07:57", "end": "00:08:01", "text": "call is on the option side with with"}, {"start": "00:07:59", "end": "00:08:03", "text": "call skew meaning people are buying"}, {"start": "00:08:01", "end": "00:08:05", "text": "upside and the actual futures volume or"}, {"start": "00:08:03", "end": "00:08:06", "text": "the futures alli has come off so it's"}, {"start": "00:08:05", "end": "00:08:09", "text": "kind of been a healthy rotation for"}, {"start": "00:08:06", "end": "00:08:12", "text": "bitcoin the rest of the market has seen"}, {"start": "00:08:09", "end": "00:08:14", "text": "a substantial amount of leverage enter"}, {"start": "00:08:12", "end": "00:08:17", "text": "uh the systems is incredibly high in"}, {"start": "00:08:14", "end": "00:08:19", "text": "altcoins broadly so x bitcoin um we're"}, {"start": "00:08:17", "end": "00:08:22", "text": "approaching leverage levels uh last seen"}, {"start": "00:08:19", "end": "00:08:24", "text": "uh in October 2025 just before we had a"}, {"start": "00:08:22", "end": "00:08:25", "text": "very large uh liquidation and and a"}, {"start": "00:08:24", "end": "00:08:26", "text": "pretty substantial move lower in the"}, {"start": "00:08:25", "end": "00:08:28", "text": "market. I'm not saying that this move"}, {"start": "00:08:26", "end": "00:08:30", "text": "isn't sustainable. I'm just saying you"}, {"start": "00:08:28", "end": "00:08:32", "text": "should proceed with a lot of caution."}, {"start": "00:08:30", "end": "00:08:34", "text": "Don't fall into this feeling of I've"}, {"start": "00:08:32", "end": "00:08:35", "text": "missed a move, let me pile in now. It's,"}, {"start": "00:08:34", "end": "00:08:37", "text": "you know, we should be treading"}, {"start": "00:08:35", "end": "00:08:39", "text": "cautiously but optimistically."}, {"start": "00:08:37", "end": "00:08:41", "text": ">> All right. So, key words there, tread"}, {"start": "00:08:39", "end": "00:08:44", "text": "cautiously, op, you know, but"}, {"start": "00:08:41", "end": "00:08:45", "text": "optimistically. You look at the 82k high"}, {"start": "00:08:44", "end": "00:08:49", "text": "right there on that wick that happened"}, {"start": "00:08:45", "end": "00:08:51", "text": "back on September 3rd. Um, when you look"}, {"start": "00:08:49", "end": "00:08:53", "text": "at the chart right now, Tim, where where"}, {"start": "00:08:51", "end": "00:08:54", "text": "are you playing this in terms of the"}, {"start": "00:08:53", "end": "00:08:55", "text": "downtrend that we're seeing on Bitcoin"}, {"start": "00:08:54", "end": "00:08:57", "text": "right now?"}, {"start": "00:08:55", "end": "00:08:58", "text": ">> When I look at the charts, it's actually"}, {"start": "00:08:57", "end": "00:09:00", "text": "kind of funny because everybody right"}, {"start": "00:08:58", "end": "00:09:01", "text": "now is so bearish right now. And again,"}, {"start": "00:09:00", "end": "00:09:03", "text": "I'm bearish in the sense of I'm shorting"}, {"start": "00:09:01", "end": "00:09:05", "text": "the markets, but when you zoom out and"}, {"start": "00:09:03", "end": "00:09:07", "text": "you take a look perspective, when you"}, {"start": "00:09:05", "end": "00:09:09", "text": "look at the news that's come out over"}, {"start": "00:09:07", "end": "00:09:11", "text": "the last couple of days, you would think"}, {"start": "00:09:09", "end": "00:09:14", "text": "that Bitcoin is just falling apart right"}, {"start": "00:09:11", "end": "00:09:16", "text": "now. I mean, yeah, 77,000 within the"}, {"start": "00:09:14", "end": "00:09:18", "text": "last two weeks doesn't seem that great,"}, {"start": "00:09:16", "end": "00:09:21", "text": "but go back three, four weeks ago. Go"}, {"start": "00:09:18", "end": "00:09:23", "text": "back over here into mid August. If I"}, {"start": "00:09:21", "end": "00:09:26", "text": "told you in mid August that we would be"}, {"start": "00:09:23", "end": "00:09:29", "text": "in the middle of September at $77,000"}, {"start": "00:09:26", "end": "00:09:30", "text": "per coin, you would be ecstatic. And so"}, {"start": "00:09:29", "end": "00:09:32", "text": "what I'm actually looking right now, one"}, {"start": "00:09:30", "end": "00:09:34", "text": "of the reasons why I'm convinced that"}, {"start": "00:09:32", "end": "00:09:36", "text": "we're going to see another higher low,"}, {"start": "00:09:34", "end": "00:09:38", "text": "whether somewhere here in the 75K range"}, {"start": "00:09:36", "end": "00:09:40", "text": "or maybe even back down towards 70"}, {"start": "00:09:38", "end": "00:09:42", "text": "before the next bounce, is because the"}, {"start": "00:09:40", "end": "00:09:44", "text": "news right now is terrible, right?"}, {"start": "00:09:42", "end": "00:09:47", "text": "Everything even even what we saw this"}, {"start": "00:09:44", "end": "00:09:49", "text": "morning with the PPI data convincing"}, {"start": "00:09:47", "end": "00:09:50", "text": "vote uh uh uh betterers that we're going"}, {"start": "00:09:49", "end": "00:09:53", "text": "to have interest rate hikes here next"}, {"start": "00:09:50", "end": "00:09:55", "text": "week and yet the price is still hovering"}, {"start": "00:09:53", "end": "00:09:56", "text": "in just a little flat zone right here"}, {"start": "00:09:55", "end": "00:09:58", "text": "that we've been in for the last couple"}, {"start": "00:09:56", "end": "00:10:00", "text": "of weeks. That actually shows me that"}, {"start": "00:09:58", "end": "00:10:02", "text": "bulls are holding up quite well and"}, {"start": "00:10:00", "end": "00:10:04", "text": "bears don't have as much power. Like the"}, {"start": "00:10:02", "end": "00:10:06", "text": "bears are roaring really loud right now,"}, {"start": "00:10:04", "end": "00:10:07", "text": "but they're not striking. They're not"}, {"start": "00:10:06", "end": "00:10:10", "text": "going in and putting their money where"}, {"start": "00:10:07", "end": "00:10:12", "text": "their mouth is just yet. Uh let's see"}, {"start": "00:10:10", "end": "00:10:13", "text": "what happens as price probably continues"}, {"start": "00:10:12", "end": "00:10:16", "text": "to drop here. That's what I'm betting"}, {"start": "00:10:13", "end": "00:10:19", "text": "on. But but go back and look at what we"}, {"start": "00:10:16", "end": "00:10:21", "text": "saw happen uh back in the bull market of"}, {"start": "00:10:19", "end": "00:10:24", "text": "2023. It wasn't. People are acting like"}, {"start": "00:10:21", "end": "00:10:26", "text": "2023 was non-stop bullish. No. If you go"}, {"start": "00:10:24", "end": "00:10:27", "text": "back over here, we broke through the"}, {"start": "00:10:26", "end": "00:10:29", "text": "bare market trend line. We broke through"}, {"start": "00:10:27", "end": "00:10:30", "text": "the 200 day moving average. We had a"}, {"start": "00:10:29", "end": "00:10:32", "text": "couple of weeks of really bullish action"}, {"start": "00:10:30", "end": "00:10:35", "text": "and then Bitcoin had a nice little"}, {"start": "00:10:32", "end": "00:10:37", "text": "correction right here. We went from 25"}, {"start": "00:10:35", "end": "00:10:39", "text": "back down to 196"}, {"start": "00:10:37", "end": "00:10:40", "text": ">> and people were freaking out and then we"}, {"start": "00:10:39", "end": "00:10:42", "text": "just bounced off the 200 and the bull"}, {"start": "00:10:40", "end": "00:10:44", "text": "market took off. I think we could see"}, {"start": "00:10:42", "end": "00:10:47", "text": "something very similar happen once"}, {"start": "00:10:44", "end": "00:10:49", "text": "again. You can even kind of see the same"}, {"start": "00:10:47", "end": "00:10:51", "text": "type of movements and looks to we had"}, {"start": "00:10:49", "end": "00:10:53", "text": "back in January 23. a move back down to"}, {"start": "00:10:51", "end": "00:10:55", "text": "70K and hit that 200 day moving average"}, {"start": "00:10:53", "end": "00:10:57", "text": "would make a lot of sense."}, {"start": "00:10:55", "end": "00:10:58", "text": ">> All right, so just to kind of reiterate"}, {"start": "00:10:57", "end": "00:11:00", "text": "what you just mentioned earlier because"}, {"start": "00:10:58", "end": "00:11:01", "text": "a lot of people may not be aware of this"}, {"start": "00:11:00", "end": "00:11:04", "text": "and that is the August PPI inflation"}, {"start": "00:11:01", "end": "00:11:08", "text": "came in rises to 5.4. This is above"}, {"start": "00:11:04", "end": "00:11:12", "text": "expectations of 53. Core PPI rose to 46."}, {"start": "00:11:08", "end": "00:11:14", "text": "This was the highest since June 2026."}, {"start": "00:11:12", "end": "00:11:16", "text": "So these are numbers I think that is"}, {"start": "00:11:14", "end": "00:11:18", "text": "causing the movement that we've seen on"}, {"start": "00:11:16", "end": "00:11:22", "text": "the potential for Fed rate hike. You"}, {"start": "00:11:18", "end": "00:11:23", "text": "tweeted on this Tim And it says while"}, {"start": "00:11:22", "end": "00:11:26", "text": "year-over-year PPI was high today, the"}, {"start": "00:11:23", "end": "00:11:28", "text": "month-over-month PPI actually beat and"}, {"start": "00:11:26", "end": "00:11:31", "text": "matched expectation. Kind of netneutral"}, {"start": "00:11:28", "end": "00:11:34", "text": "report your opinion. And if you look at"}, {"start": "00:11:31", "end": "00:11:35", "text": "the chart on the likelihood of a Fed"}, {"start": "00:11:34", "end": "00:11:37", "text": "rate hike because this is going to have"}, {"start": "00:11:35", "end": "00:11:39", "text": "some real significance. I'll kind of"}, {"start": "00:11:37", "end": "00:11:42", "text": "zoom in on that guys. That's sitting at"}, {"start": "00:11:39", "end": "00:11:43", "text": "around 60% right now on a quarter bit."}, {"start": "00:11:42", "end": "00:11:45", "text": ">> Yep."}, {"start": "00:11:43", "end": "00:11:47", "text": ">> Where do you stand on this in terms of a"}, {"start": "00:11:45", "end": "00:11:49", "text": "rate hike or a pause?"}, {"start": "00:11:47", "end": "00:11:52", "text": ">> Yeah. So, so like I said in that tweet,"}, {"start": "00:11:49", "end": "00:11:54", "text": "everyone was focusing on the one report"}, {"start": "00:11:52", "end": "00:11:55", "text": "that that was hot, but there was"}, {"start": "00:11:54", "end": "00:11:57", "text": "actually four numbers. There was"}, {"start": "00:11:55", "end": "00:11:59", "text": "year-over-year PPI and then there was"}, {"start": "00:11:57", "end": "00:12:01", "text": "core PPI. There was month over core PPI"}, {"start": "00:11:59", "end": "00:12:02", "text": "and there was month- over-month regular"}, {"start": "00:12:01", "end": "00:12:04", "text": "PPI."}, {"start": "00:12:02", "end": "00:12:07", "text": ">> Of the four of them, two of them matched"}, {"start": "00:12:04", "end": "00:12:09", "text": "expectation, one beat expectation, one"}, {"start": "00:12:07", "end": "00:12:11", "text": "was hot and exceeded expectation. That's"}, {"start": "00:12:09", "end": "00:12:12", "text": "why I said that's netneutral. But here's"}, {"start": "00:12:11", "end": "00:12:14", "text": "the other bigger detail. If you don't"}, {"start": "00:12:12", "end": "00:12:17", "text": "know what PPI is, PPI is pretty much"}, {"start": "00:12:14", "end": "00:12:19", "text": "measuring the the the inflation of like"}, {"start": "00:12:17", "end": "00:12:21", "text": "the suppliers, so when they're buying"}, {"start": "00:12:19", "end": "00:12:24", "text": "their goods and services, the Fed looks"}, {"start": "00:12:21", "end": "00:12:26", "text": "at PPI. It's not that PPI is ignored,"}, {"start": "00:12:24", "end": "00:12:28", "text": "but PPI is what you would call a leading"}, {"start": "00:12:26", "end": "00:12:31", "text": "indicator, not the defining indicator."}, {"start": "00:12:28", "end": "00:12:32", "text": "CPI is more important to the Fed when"}, {"start": "00:12:31", "end": "00:12:34", "text": "they make their decisions. That's what"}, {"start": "00:12:32", "end": "00:12:37", "text": "we get tomorrow. That's the customer"}, {"start": "00:12:34", "end": "00:12:40", "text": "inflation. And and I still think there's"}, {"start": "00:12:37", "end": "00:12:42", "text": "reason to be hopeful or believe that we"}, {"start": "00:12:40", "end": "00:12:44", "text": "can match expectation or even maybe"}, {"start": "00:12:42", "end": "00:12:45", "text": "maybe beat expectation. But what I'm"}, {"start": "00:12:44", "end": "00:12:47", "text": "seeing right now, Paul, that that even"}, {"start": "00:12:45", "end": "00:12:50", "text": "maybe confirms that to me is like I"}, {"start": "00:12:47", "end": "00:12:52", "text": "said, I would say today when you when"}, {"start": "00:12:50", "end": "00:12:54", "text": "you don't just look at a freaky headline"}, {"start": "00:12:52", "end": "00:12:55", "text": "where someone shows the one metric that"}, {"start": "00:12:54", "end": "00:12:57", "text": "was higher than expectation, when you"}, {"start": "00:12:55", "end": "00:12:59", "text": "look at the fact that the PPI data was"}, {"start": "00:12:57", "end": "00:13:01", "text": "actually neutral, but the odds are"}, {"start": "00:12:59", "end": "00:13:03", "text": "jumping up of a rate hike, but the price"}, {"start": "00:13:01", "end": "00:13:04", "text": "is not. It's it's almost like people"}, {"start": "00:13:03", "end": "00:13:06", "text": "want to go to these betting sites to bet"}, {"start": "00:13:04", "end": "00:13:09", "text": "on it, but they're not running to"}, {"start": "00:13:06", "end": "00:13:11", "text": "exchanges to sell off."}, {"start": "00:13:09", "end": "00:13:13", "text": "Tomorrow can flip this on its head."}, {"start": "00:13:11", "end": "00:13:15", "text": "Tomorrow's CPI data could come out"}, {"start": "00:13:13", "end": "00:13:17", "text": "neutral or beat expectations and all of"}, {"start": "00:13:15", "end": "00:13:18", "text": "a sudden we're having the show tomorrow"}, {"start": "00:13:17", "end": "00:13:20", "text": "and we're saying, \"Oh, the Fed's not"}, {"start": "00:13:18", "end": "00:13:21", "text": "going to raise rates now.\" And all of a"}, {"start": "00:13:20", "end": "00:13:23", "text": "sudden things start rallying once again."}, {"start": "00:13:21", "end": "00:13:25", "text": "I'm I'm going to hold off to make my"}, {"start": "00:13:23", "end": "00:13:28", "text": "official judgment till tomorrow when the"}, {"start": "00:13:25", "end": "00:13:29", "text": "data comes out. But I my gut right now,"}, {"start": "00:13:28", "end": "00:13:32", "text": "Paul, as we're recording this video, my"}, {"start": "00:13:29", "end": "00:13:34", "text": "gut says manipulation still at play."}, {"start": "00:13:32", "end": "00:13:35", "text": "They really want people bearish right"}, {"start": "00:13:34", "end": "00:13:37", "text": "now because tomorrow's information,"}, {"start": "00:13:35", "end": "00:13:39", "text": "which some people already know the"}, {"start": "00:13:37", "end": "00:13:40", "text": "numbers of could end up being a lot"}, {"start": "00:13:39", "end": "00:13:42", "text": "better than what people think."}, {"start": "00:13:40", "end": "00:13:43", "text": ">> Okay. All right. So, if that were the"}, {"start": "00:13:42", "end": "00:13:46", "text": "case, obviously a pause would be on"}, {"start": "00:13:43", "end": "00:13:47", "text": "order. The one thing that makes me a"}, {"start": "00:13:46", "end": "00:13:49", "text": "little nervous here, Tim, of course, is"}, {"start": "00:13:47", "end": "00:13:51", "text": "the fact that we're seeing a $100 barrel"}, {"start": "00:13:49", "end": "00:13:54", "text": "of oil. That is the breakthrough right"}, {"start": "00:13:51", "end": "00:13:57", "text": "now. And this concerns me because this"}, {"start": "00:13:54", "end": "00:14:01", "text": "gets into those areas where things can"}, {"start": "00:13:57", "end": "00:14:02", "text": "get heated very quickly. And if we start"}, {"start": "00:14:01", "end": "00:14:05", "text": "to continue to see this, I mean, we've"}, {"start": "00:14:02", "end": "00:14:08", "text": "seen analysts now pointing to 120"}, {"start": "00:14:05", "end": "00:14:10", "text": ">> and if we start seeing $6 and $7 a"}, {"start": "00:14:08", "end": "00:14:12", "text": "gallon gas again here in the US,"}, {"start": "00:14:10", "end": "00:14:14", "text": "obviously I think this is bad timing"}, {"start": "00:14:12", "end": "00:14:16", "text": "right now going into the midterms, but"}, {"start": "00:14:14", "end": "00:14:19", "text": "it also put a lot more pressure, I"}, {"start": "00:14:16", "end": "00:14:20", "text": "think, on the Fed as well. So that is a"}, {"start": "00:14:19", "end": "00:14:22", "text": "concern. I want to go to a clip here"}, {"start": "00:14:20", "end": "00:14:26", "text": "because this clip is um"}, {"start": "00:14:22", "end": "00:14:29", "text": ">> Morgan Stanley talking about how higher"}, {"start": "00:14:26", "end": "00:14:30", "text": "oil will actually kind of put rates at"}, {"start": "00:14:29", "end": "00:14:32", "text": "risk. Take a look."}, {"start": "00:14:30", "end": "00:14:34", "text": ">> Higher oil and rates remain the main"}, {"start": "00:14:32", "end": "00:14:35", "text": "risk to equities in the midterm."}, {"start": "00:14:34", "end": "00:14:37", "text": ">> It's a wall of worry. You know, I mean"}, {"start": "00:14:35", "end": "00:14:38", "text": "like this is our call for the whole"}, {"start": "00:14:37", "end": "00:14:40", "text": "year, which is that earnings were going"}, {"start": "00:14:38", "end": "00:14:41", "text": "to be better than people expected. It"}, {"start": "00:14:40", "end": "00:14:43", "text": "was even better than we thought, quite"}, {"start": "00:14:41", "end": "00:14:44", "text": "frankly. And we've been derating all"}, {"start": "00:14:43", "end": "00:14:46", "text": "year. So, it's it's not as if the market"}, {"start": "00:14:44", "end": "00:14:48", "text": "is ignoring all of these risks. It's"}, {"start": "00:14:46", "end": "00:14:49", "text": "just been digesting it in a way where"}, {"start": "00:14:48", "end": "00:14:51", "text": "it's not as obvious to the casual"}, {"start": "00:14:49", "end": "00:14:52", "text": "observer. And that and to me that's"}, {"start": "00:14:51", "end": "00:14:53", "text": "really the story. It's it's this"}, {"start": "00:14:52", "end": "00:14:56", "text": "transition now. We're going from an"}, {"start": "00:14:53", "end": "00:14:58", "text": "early cycle recovery from the recession"}, {"start": "00:14:56", "end": "00:15:00", "text": "of a year ago. Okay. We had all the"}, {"start": "00:14:58", "end": "00:15:02", "text": "rotation now to the midcycle areas, the"}, {"start": "00:15:00", "end": "00:15:03", "text": "quality rotation. That's very typical."}, {"start": "00:15:02", "end": "00:15:05", "text": "So I I don't really see anything that's"}, {"start": "00:15:03", "end": "00:15:07", "text": "troubling to say there's some end of"}, {"start": "00:15:05", "end": "00:15:08", "text": "cycle calamity that's going on here. The"}, {"start": "00:15:07", "end": "00:15:10", "text": "market's dealing with all these risks."}, {"start": "00:15:08", "end": "00:15:12", "text": "But we do worry a little bit in the"}, {"start": "00:15:10", "end": "00:15:13", "text": "short term about oil prices."}, {"start": "00:15:12", "end": "00:15:16", "text": ">> All right. So they are worried about oil"}, {"start": "00:15:13", "end": "00:15:17", "text": "and that is still a significant one."}, {"start": "00:15:16", "end": "00:15:20", "text": ">> You know we've got a few days left"}, {"start": "00:15:17", "end": "00:15:22", "text": "before an FOMC meeting. We've got a you"}, {"start": "00:15:20", "end": "00:15:25", "text": "know obviously a CPI coming out that may"}, {"start": "00:15:22", "end": "00:15:26", "text": "be the real tale that changes uh the"}, {"start": "00:15:25", "end": "00:15:28", "text": "dynamic in the market. So everybody's"}, {"start": "00:15:26", "end": "00:15:31", "text": "going to be watching that one closely."}, {"start": "00:15:28", "end": "00:15:33", "text": "Uh but if rate hikes were to occur and"}, {"start": "00:15:31", "end": "00:15:36", "text": "you consider what's going on with Circle"}, {"start": "00:15:33", "end": "00:15:39", "text": "right now as a stock in general, where"}, {"start": "00:15:36", "end": "00:15:40", "text": "would you place Circle if rate hikes go"}, {"start": "00:15:39", "end": "00:15:43", "text": "up? because I mean this is going to most"}, {"start": "00:15:40", "end": "00:15:46", "text": "likely drive stable coin yields up if we"}, {"start": "00:15:43", "end": "00:15:47", "text": "do see a rate hike."}, {"start": "00:15:46", "end": "00:15:49", "text": ">> That's a good point. I I don't know if"}, {"start": "00:15:47", "end": "00:15:51", "text": "I've I've really thought through it that"}, {"start": "00:15:49", "end": "00:15:52", "text": "much as far as how it affects Circle."}, {"start": "00:15:51", "end": "00:15:54", "text": "I'm definitely more paying attention to"}, {"start": "00:15:52", "end": "00:15:57", "text": "altcoins. Um but but at the end of the"}, {"start": "00:15:54", "end": "00:16:01", "text": "day, if rate hikes go up, that just will"}, {"start": "00:15:57", "end": "00:16:02", "text": "be a hurt to risk assets as as a whole."}, {"start": "00:16:01", "end": "00:16:03", "text": "Whether it comes to Circle,"}, {"start": "00:16:02", "end": "00:16:05", "text": ">> you know, I don't know. I mean,"}, {"start": "00:16:03", "end": "00:16:06", "text": "obviously you're talking about USDC that"}, {"start": "00:16:05", "end": "00:16:09", "text": "could end up doing quite well as people"}, {"start": "00:16:06", "end": "00:16:10", "text": "want to move back into cash and in that"}, {"start": "00:16:09", "end": "00:16:12", "text": "chance, you know, going into a stable"}, {"start": "00:16:10", "end": "00:16:14", "text": "coin would count as being cash. So,"}, {"start": "00:16:12", "end": "00:16:16", "text": "there's a chance that ends up being net"}, {"start": "00:16:14", "end": "00:16:18", "text": "positive for them. But I wanted to"}, {"start": "00:16:16", "end": "00:16:20", "text": "comment on the video you just had right"}, {"start": "00:16:18", "end": "00:16:22", "text": "there. Uh"}, {"start": "00:16:20", "end": "00:16:26", "text": "uh that was Morgan Stanley talking,"}, {"start": "00:16:22", "end": "00:16:28", "text": "right? there was some repres"}, {"start": "00:16:26", "end": "00:16:31", "text": ">> I never trust when big banks get on"}, {"start": "00:16:28", "end": "00:16:35", "text": "television and and try to push a"}, {"start": "00:16:31", "end": "00:16:37", "text": "narrative because they are incentivized"}, {"start": "00:16:35", "end": "00:16:40", "text": "for the com for this retail investors,"}, {"start": "00:16:37", "end": "00:16:42", "text": "their clients to be confused and and so"}, {"start": "00:16:40", "end": "00:16:43", "text": "they they I'm not saying they always pay"}, {"start": "00:16:42", "end": "00:16:45", "text": "to be on it, but like they own the"}, {"start": "00:16:43", "end": "00:16:46", "text": "media, right? They they control when"}, {"start": "00:16:45", "end": "00:16:47", "text": "they talk and when they're quiet and"}, {"start": "00:16:46", "end": "00:16:52", "text": "what they say"}, {"start": "00:16:47", "end": "00:16:53", "text": ">> and and even anyone who backtracks"}, {"start": "00:16:52", "end": "00:16:55", "text": ">> some of the negative and positive"}, {"start": "00:16:53", "end": "00:16:57", "text": "statements made by some of these bigger"}, {"start": "00:16:55", "end": "00:16:58", "text": "banks over the last year and some"}, {"start": "00:16:57", "end": "00:17:00", "text": "change. You don't have to go back years"}, {"start": "00:16:58", "end": "00:17:01", "text": "and years just back 12 months."}, {"start": "00:17:00", "end": "00:17:02", "text": ">> Yeah."}, {"start": "00:17:01", "end": "00:17:04", "text": ">> They they have a track record of getting"}, {"start": "00:17:02", "end": "00:17:06", "text": "on television and assuring people that"}, {"start": "00:17:04", "end": "00:17:09", "text": "everything's okay right before a major"}, {"start": "00:17:06", "end": "00:17:10", "text": "dip or telling everybody watch out we"}, {"start": "00:17:09", "end": "00:17:12", "text": "could be about to have a massive crash"}, {"start": "00:17:10", "end": "00:17:14", "text": "here and then everything spikes back up."}, {"start": "00:17:12", "end": "00:17:16", "text": "So to me, I'm not saying because that"}, {"start": "00:17:14", "end": "00:17:17", "text": "this interview we have to go back up."}, {"start": "00:17:16", "end": "00:17:19", "text": "I'm just saying it's curious that"}, {"start": "00:17:17", "end": "00:17:22", "text": "they're sending their representatives to"}, {"start": "00:17:19", "end": "00:17:23", "text": "to fearmonger on television."}, {"start": "00:17:22", "end": "00:17:25", "text": ">> They know that I mean they know that"}, {"start": "00:17:23", "end": "00:17:26", "text": "people like you and me are going to grab"}, {"start": "00:17:25", "end": "00:17:27", "text": "these headlines and talk on them. Even"}, {"start": "00:17:26", "end": "00:17:29", "text": "if we disagree with them, they know"}, {"start": "00:17:27", "end": "00:17:32", "text": "we're going to spread this word and"}, {"start": "00:17:29", "end": "00:17:34", "text": "they're counting on sheep to to just"}, {"start": "00:17:32", "end": "00:17:36", "text": "fall in line and respond how they"}, {"start": "00:17:34", "end": "00:17:37", "text": "respond. And a lot of times they're"}, {"start": "00:17:36", "end": "00:17:39", "text": "doing the exact opposite with their"}, {"start": "00:17:37", "end": "00:17:41", "text": "money. So, but I I've been at a place"}, {"start": "00:17:39", "end": "00:17:43", "text": "here recently if I'm bullish and then I"}, {"start": "00:17:41", "end": "00:17:44", "text": "see one of these banks come out and a"}, {"start": "00:17:43", "end": "00:17:46", "text": "representative says, \"Oh, everything's"}, {"start": "00:17:44", "end": "00:17:49", "text": "looking really good, I kind of become"}, {"start": "00:17:46", "end": "00:17:51", "text": "like, \"Oh, maybe I'm off. Maybe I got"}, {"start": "00:17:49", "end": "00:17:52", "text": "this one wrong.\" But when I'm bullish"}, {"start": "00:17:51", "end": "00:17:54", "text": "and they come out and they get bearish,"}, {"start": "00:17:52", "end": "00:17:55", "text": "I kind of get my feet digging in the"}, {"start": "00:17:54", "end": "00:17:57", "text": "sand. I'm like, \"Yeah, I I I'm going to"}, {"start": "00:17:55", "end": "00:17:58", "text": "continue to believe that the bottom is"}, {"start": "00:17:57", "end": "00:18:00", "text": "in for Bitcoin.\" But I'm not saying we"}, {"start": "00:17:58", "end": "00:18:01", "text": "can't drop to 70k, but I I think the way"}, {"start": "00:18:00", "end": "00:18:03", "text": "they're talking about this"}, {"start": "00:18:01", "end": "00:18:06", "text": "fear-mongering about oil prices going"}, {"start": "00:18:03", "end": "00:18:07", "text": "up. If everyone thinks oil price is"}, {"start": "00:18:06", "end": "00:18:08", "text": "going to go up, that means retail is"}, {"start": "00:18:07", "end": "00:18:10", "text": "going to sell and it's the perfect"}, {"start": "00:18:08", "end": "00:18:13", "text": "excuse for Wall Street to buy the dip"}, {"start": "00:18:10", "end": "00:18:15", "text": "and make money at the expense of retail."}, {"start": "00:18:13", "end": "00:18:17", "text": "The scariest thing in the world is when"}, {"start": "00:18:15", "end": "00:18:19", "text": "it's obvious there's a problem, but"}, {"start": "00:18:17", "end": "00:18:21", "text": "everybody still seems so confident. That"}, {"start": "00:18:19", "end": "00:18:24", "text": "to me would be a very scary situation."}, {"start": "00:18:21", "end": "00:18:25", "text": "But with the banks putting people on TV"}, {"start": "00:18:24", "end": "00:18:28", "text": "saying, \"Uh-oh, uh-oh, this isn't"}, {"start": "00:18:25", "end": "00:18:30", "text": "looking good. AI might be over this."}, {"start": "00:18:28", "end": "00:18:32", "text": "That to me says they just don't want"}, {"start": "00:18:30", "end": "00:18:33", "text": "retail aping in right now because I"}, {"start": "00:18:32", "end": "00:18:35", "text": "think they want to save space for"}, {"start": "00:18:33", "end": "00:18:36", "text": "themselves."}, {"start": "00:18:35", "end": "00:18:38", "text": ">> Yeah. Okay. So, a couple of things"}, {"start": "00:18:36", "end": "00:18:41", "text": "there. Uh earnings continue to drive the"}, {"start": "00:18:38", "end": "00:18:42", "text": "market. We do we do know that. Uh looks"}, {"start": "00:18:41", "end": "00:18:45", "text": "like it's not slowing down. If you look"}, {"start": "00:18:42", "end": "00:18:47", "text": "at the S&P earnings history even over"}, {"start": "00:18:45", "end": "00:18:49", "text": "the last really since 2010, it's been"}, {"start": "00:18:47", "end": "00:18:52", "text": "going up like almost 26%."}, {"start": "00:18:49", "end": "00:18:53", "text": "So, you've got that. And of course what"}, {"start": "00:18:52", "end": "00:18:55", "text": "Stanley was talking Morgan Stanley was"}, {"start": "00:18:53", "end": "00:18:57", "text": "talking about is that they felt like the"}, {"start": "00:18:55", "end": "00:18:59", "text": "market is still going to be in this"}, {"start": "00:18:57", "end": "00:19:01", "text": "earning cycle but they're concerned"}, {"start": "00:18:59", "end": "00:19:04", "text": "about oil. So it was actually a bull I"}, {"start": "00:19:01", "end": "00:19:06", "text": "think it was a bullish take. Um at the"}, {"start": "00:19:04", "end": "00:19:08", "text": "same time being concerned about where"}, {"start": "00:19:06", "end": "00:19:10", "text": "oil and energy could drive the market."}, {"start": "00:19:08", "end": "00:19:12", "text": "The other thing that that could drive"}, {"start": "00:19:10", "end": "00:19:14", "text": "the market here Tim of course is what's"}, {"start": "00:19:12", "end": "00:19:16", "text": "centered around clarity. But, you know,"}, {"start": "00:19:14", "end": "00:19:18", "text": "we'll get to one thing that could play"}, {"start": "00:19:16", "end": "00:19:21", "text": "on this cuz I want to kind of get your"}, {"start": "00:19:18", "end": "00:19:25", "text": "opinion on gold versus Bitcoin. But here"}, {"start": "00:19:21", "end": "00:19:27", "text": "was Bessant talking about clarity"}, {"start": "00:19:25", "end": "00:19:29", "text": "really right down to the wire here. And"}, {"start": "00:19:27", "end": "00:19:32", "text": "I don't know. I'm I'm still trying to"}, {"start": "00:19:29", "end": "00:19:34", "text": "find people that are still bullish that"}, {"start": "00:19:32", "end": "00:19:36", "text": "clarity is going to go through because"}, {"start": "00:19:34", "end": "00:19:38", "text": "almost everyone I'm talking to is very"}, {"start": "00:19:36", "end": "00:19:40", "text": "concerned this doesn't happen. What's"}, {"start": "00:19:38", "end": "00:19:42", "text": "your take on it right now?"}, {"start": "00:19:40", "end": "00:19:44", "text": "My take on it right now is it sounds"}, {"start": "00:19:42", "end": "00:19:47", "text": "like it will be a Donald Trump decision."}, {"start": "00:19:44", "end": "00:19:48", "text": "I I I what what we heard even Republican"}, {"start": "00:19:47", "end": "00:19:51", "text": "senators say the other day is that"}, {"start": "00:19:48", "end": "00:19:52", "text": "they're concerned that the Democrats are"}, {"start": "00:19:51", "end": "00:19:55", "text": "not going to vote in support of it"}, {"start": "00:19:52", "end": "00:19:57", "text": "because of ethics rules and stuff that"}, {"start": "00:19:55", "end": "00:19:59", "text": "apply to President Trump."}, {"start": "00:19:57", "end": "00:20:01", "text": "Is Trump going to play hard ball and"}, {"start": "00:19:59", "end": "00:20:03", "text": "say, \"No, I'm not going to just bow down"}, {"start": "00:20:01", "end": "00:20:05", "text": "and just do whatever the Democrats want"}, {"start": "00:20:03", "end": "00:20:08", "text": "and then stick his nose in the sand and"}, {"start": "00:20:05", "end": "00:20:10", "text": "then we get no passage or will he say"}, {"start": "00:20:08", "end": "00:20:12", "text": "fine, whatever. I I want this to pass. I"}, {"start": "00:20:10", "end": "00:20:15", "text": "want my legacy to do well. I want crypto"}, {"start": "00:20:12", "end": "00:20:18", "text": "to do well. I'm willing to sacrifice"}, {"start": "00:20:15", "end": "00:20:20", "text": "gains I've made and let this pass. We'll"}, {"start": "00:20:18", "end": "00:20:22", "text": "see if that plays out that way. Um the"}, {"start": "00:20:20", "end": "00:20:24", "text": "good news is is what Brian Armstrong"}, {"start": "00:20:22", "end": "00:20:26", "text": "came out and said today because Brian"}, {"start": "00:20:24", "end": "00:20:28", "text": "Armstrong two months ago told everybody,"}, {"start": "00:20:26", "end": "00:20:29", "text": "hey, if clarity doesn't come in the"}, {"start": "00:20:28", "end": "00:20:31", "text": "United States, if there's not"}, {"start": "00:20:29", "end": "00:20:33", "text": "regulation, Coinbase is going to leave"}, {"start": "00:20:31", "end": "00:20:35", "text": "and go overseas. So, there was a little"}, {"start": "00:20:33", "end": "00:20:36", "text": "bit of a fear there that's like, man, we"}, {"start": "00:20:35", "end": "00:20:38", "text": "got to get this passed or some of the"}, {"start": "00:20:36", "end": "00:20:40", "text": "best companies in America will leave. He"}, {"start": "00:20:38", "end": "00:20:42", "text": "came out today assuring people even if"}, {"start": "00:20:40", "end": "00:20:43", "text": "the Clarity Act does not pass,"}, {"start": "00:20:42", "end": "00:20:45", "text": "regulation is coming for crypto in the"}, {"start": "00:20:43", "end": "00:20:47", "text": "United States via the SEC and the and"}, {"start": "00:20:45", "end": "00:20:48", "text": "CFTC. So my biggest takeaway, Paul, is"}, {"start": "00:20:47", "end": "00:20:49", "text": "like I told someone, don't take these"}, {"start": "00:20:48", "end": "00:20:51", "text": "numbers I'm about to say is like my"}, {"start": "00:20:49", "end": "00:20:53", "text": "predictions, but if the Clarity Act"}, {"start": "00:20:51", "end": "00:20:55", "text": "passes, Bitcoin might make it to"}, {"start": "00:20:53", "end": "00:20:58", "text": "$500,000 in the next next bull market."}, {"start": "00:20:55", "end": "00:20:59", "text": "If Clear Act doesn't pass, Bitcoin"}, {"start": "00:20:58", "end": "00:21:00", "text": "probably still makes it to 300,000,"}, {"start": "00:20:59", "end": "00:21:02", "text": "right? Not that those are my exact"}, {"start": "00:21:00", "end": "00:21:04", "text": "numbers, but my point is we're going to"}, {"start": "00:21:02", "end": "00:21:07", "text": "be bullish over the next couple of"}, {"start": "00:21:04", "end": "00:21:08", "text": "years. The question is how bullish. And"}, {"start": "00:21:07", "end": "00:21:09", "text": "that's where the clarity equity is"}, {"start": "00:21:08", "end": "00:21:11", "text": "important."}, {"start": "00:21:09", "end": "00:21:13", "text": ">> Well, I first of all, just to make sure"}, {"start": "00:21:11", "end": "00:21:15", "text": "everybody understands that when Congress"}, {"start": "00:21:13", "end": "00:21:18", "text": "comes back, they still have to go"}, {"start": "00:21:15", "end": "00:21:22", "text": "through Cloer, which is really the"}, {"start": "00:21:18", "end": "00:21:24", "text": "gateway through uh Thun. And here's a"}, {"start": "00:21:22", "end": "00:21:26", "text": "clip when Trump was mentioning Thoon,"}, {"start": "00:21:24", "end": "00:21:27", "text": "which I think is interesting what"}, {"start": "00:21:26", "end": "00:21:29", "text": "happened. Take a look."}, {"start": "00:21:27", "end": "00:21:32", "text": ">> John Thun is here from the Senate."}, {"start": "00:21:29", "end": "00:21:35", "text": "Where's John? Where is John? No. No."}, {"start": "00:21:32", "end": "00:21:38", "text": "John is John is working hard. He's got"}, {"start": "00:21:35", "end": "00:21:40", "text": "great opposition."}, {"start": "00:21:38", "end": "00:21:42", "text": "He's got great opposition from the"}, {"start": "00:21:40", "end": "00:21:44", "text": "Democrat Schumer and these guys. They're"}, {"start": "00:21:42", "end": "00:21:46", "text": "terrible. He's going to have He's going"}, {"start": "00:21:44", "end": "00:21:48", "text": "to have great success. You watch maybe"}, {"start": "00:21:46", "end": "00:21:50", "text": "more important even than the Trump"}, {"start": "00:21:48", "end": "00:21:53", "text": "dividend."}, {"start": "00:21:50", "end": "00:21:58", "text": "Please pretend that I'm running and get"}, {"start": "00:21:53", "end": "00:22:01", "text": "out and vote on November 3rd or sooner."}, {"start": "00:21:58", "end": "00:22:04", "text": ">> All right. So gets booed there. Uh so it"}, {"start": "00:22:01", "end": "00:22:07", "text": "is clear I think that he kind Trump kind"}, {"start": "00:22:04", "end": "00:22:08", "text": "of skirted around the idea of hey we"}, {"start": "00:22:07", "end": "00:22:10", "text": "need to get this through."}, {"start": "00:22:08", "end": "00:22:14", "text": ">> Uh so he kind of put Thoon on the spot."}, {"start": "00:22:10", "end": "00:22:16", "text": "So we'll see how this plays out with I"}, {"start": "00:22:14", "end": "00:22:18", "text": "mean because with Bessant still pushing"}, {"start": "00:22:16", "end": "00:22:20", "text": "who knows but I I think you are right. I"}, {"start": "00:22:18", "end": "00:22:23", "text": "think the market is prepared either way."}, {"start": "00:22:20", "end": "00:22:25", "text": ">> They're prepared for an SEC CFTC"}, {"start": "00:22:23", "end": "00:22:27", "text": "structure or they're prepared for"}, {"start": "00:22:25", "end": "00:22:29", "text": "something coming out of Congress uh"}, {"start": "00:22:27", "end": "00:22:31", "text": "going forward. and let's play this out"}, {"start": "00:22:29", "end": "00:22:33", "text": "through the end of the year because"}, {"start": "00:22:31", "end": "00:22:34", "text": "obviously midterms and the lack of"}, {"start": "00:22:33", "end": "00:22:37", "text": "clarity"}, {"start": "00:22:34", "end": "00:22:39", "text": ">> may be real but yet at the at the same"}, {"start": "00:22:37", "end": "00:22:41", "text": "time the market may be uh prepping up"}, {"start": "00:22:39", "end": "00:22:42", "text": "for this. So where would ETH be end of"}, {"start": "00:22:41", "end": "00:22:44", "text": "year?"}, {"start": "00:22:42", "end": "00:22:46", "text": ">> Yes. So I I love what Ethereum's chart"}, {"start": "00:22:44", "end": "00:22:48", "text": "has done recently. It it it has one"}, {"start": "00:22:46", "end": "00:22:51", "text": "additional technical indicator that"}, {"start": "00:22:48", "end": "00:22:52", "text": "Bitcoin does not have yet that I think"}, {"start": "00:22:51", "end": "00:22:54", "text": "is a pretty strong evidence that"}, {"start": "00:22:52", "end": "00:22:55", "text": "Ethereum's bottom is in. Bullish"}, {"start": "00:22:54", "end": "00:22:57", "text": "divergences have come. We beat the bare"}, {"start": "00:22:55", "end": "00:22:59", "text": "market trend line. We've beaten the 200"}, {"start": "00:22:57", "end": "00:23:01", "text": "day moving average. But Ethereum has a"}, {"start": "00:22:59", "end": "00:23:03", "text": "higher high than the previous high in"}, {"start": "00:23:01", "end": "00:23:05", "text": "the bare market back in April, right? So"}, {"start": "00:23:03", "end": "00:23:07", "text": "you break that structure, that bearish"}, {"start": "00:23:05", "end": "00:23:09", "text": "structure, you break the trend and you"}, {"start": "00:23:07", "end": "00:23:11", "text": "feel really good about a big move. Now,"}, {"start": "00:23:09", "end": "00:23:12", "text": "I had Ethereum dropping down as well."}, {"start": "00:23:11", "end": "00:23:14", "text": "I'm I'm in an Ethereum short right now"}, {"start": "00:23:12", "end": "00:23:17", "text": "that I'm technically in profit on, but"}, {"start": "00:23:14", "end": "00:23:19", "text": "just not by a lot. Um because Ethereum"}, {"start": "00:23:17", "end": "00:23:20", "text": "is just kind of pausing real quick. And"}, {"start": "00:23:19", "end": "00:23:22", "text": "if you take a look at what we're looking"}, {"start": "00:23:20", "end": "00:23:24", "text": "at right here, Ethereum with this"}, {"start": "00:23:22", "end": "00:23:26", "text": "explosive move and then just a boring"}, {"start": "00:23:24", "end": "00:23:28", "text": "little, you know, sideways movement that"}, {"start": "00:23:26", "end": "00:23:30", "text": "looks a lot like a bull flag. Like that"}, {"start": "00:23:28", "end": "00:23:32", "text": "looks a whole lot like a bull flag is"}, {"start": "00:23:30", "end": "00:23:33", "text": "developing there for Ethereum. I still"}, {"start": "00:23:32", "end": "00:23:35", "text": "think it would make sense for it to cool"}, {"start": "00:23:33", "end": "00:23:37", "text": "off and come back down here in the next"}, {"start": "00:23:35", "end": "00:23:39", "text": "couple of days or, you know, next week"}, {"start": "00:23:37", "end": "00:23:41", "text": "or two. I've got some levels, two ones"}, {"start": "00:23:39", "end": "00:23:44", "text": "I'm looking at. First one in the world"}, {"start": "00:23:41", "end": "00:23:47", "text": "at 2250, 2270. There's a a sizable"}, {"start": "00:23:44", "end": "00:23:48", "text": "breaker block at that level. The other"}, {"start": "00:23:47", "end": "00:23:51", "text": "one would be of course a move back down"}, {"start": "00:23:48", "end": "00:23:53", "text": "towards 2000. Not quite to it, but 200"}, {"start": "00:23:51", "end": "00:23:55", "text": "day moving average retouch. I'd be"}, {"start": "00:23:53", "end": "00:23:58", "text": "looking for for movements there. But end"}, {"start": "00:23:55", "end": "00:24:00", "text": "of year, I don't think it's crazy to say"}, {"start": "00:23:58", "end": "00:24:01", "text": "Ethereum could be back in the world. I"}, {"start": "00:24:00", "end": "00:24:03", "text": "I'm going to be a little hesitant to"}, {"start": "00:24:01", "end": "00:24:05", "text": "predict a new all-time high, but I don't"}, {"start": "00:24:03", "end": "00:24:07", "text": "think it's crazy to say we're back above"}, {"start": "00:24:05", "end": "00:24:10", "text": "3500 and potentially making pushes up"}, {"start": "00:24:07", "end": "00:24:12", "text": "towards 45 to 4700, back towards those"}, {"start": "00:24:10", "end": "00:24:16", "text": "highs of the fall of 25."}, {"start": "00:24:12", "end": "00:24:17", "text": ">> That's a big push. 45 to 4,700 would be"}, {"start": "00:24:16", "end": "00:24:20", "text": "a significant move"}, {"start": "00:24:17", "end": "00:24:21", "text": ">> on the market. You look at Okay, so I"}, {"start": "00:24:20", "end": "00:24:24", "text": "want to jump over to DEX volume because"}, {"start": "00:24:21", "end": "00:24:25", "text": "there's a lot happening on Uniswap. You"}, {"start": "00:24:24", "end": "00:24:27", "text": "look at where Robin Hood's heading, but"}, {"start": "00:24:25", "end": "00:24:29", "text": "look at these uh DEX volume numbers"}, {"start": "00:24:27", "end": "00:24:30", "text": "right here on Uniswap V4, V2. We've"}, {"start": "00:24:29", "end": "00:24:34", "text": "already seen kind of the growth right"}, {"start": "00:24:30", "end": "00:24:37", "text": "here on V, I'm sorry, V3 and V4. Um,"}, {"start": "00:24:34", "end": "00:24:38", "text": "significant. And you look at where Robin"}, {"start": "00:24:37", "end": "00:24:40", "text": "Hood is heading on this. When you look"}, {"start": "00:24:38", "end": "00:24:42", "text": "at Uniswap, and we've talked about this"}, {"start": "00:24:40", "end": "00:24:45", "text": "has been a pick on our channel for a"}, {"start": "00:24:42", "end": "00:24:48", "text": "while. Would you look at unis swap"}, {"start": "00:24:45", "end": "00:24:50", "text": "long-term in compare in comparison to"}, {"start": "00:24:48", "end": "00:24:51", "text": "say something like uh well let's compare"}, {"start": "00:24:50", "end": "00:24:53", "text": "it over to Salana?"}, {"start": "00:24:51", "end": "00:24:55", "text": ">> Yeah, I think there's better potential"}, {"start": "00:24:53", "end": "00:24:57", "text": "for unis swap. So if you're an ROI"}, {"start": "00:24:55", "end": "00:24:58", "text": "person, you're just saying hey what can"}, {"start": "00:24:57", "end": "00:24:59", "text": "I trade for the next year? There's a"}, {"start": "00:24:58", "end": "00:25:01", "text": "chance that unis swap has a better"}, {"start": "00:24:59", "end": "00:25:03", "text": "return on investment. I I think"}, {"start": "00:25:01", "end": "00:25:06", "text": "fundamentally I think so is the safer"}, {"start": "00:25:03", "end": "00:25:09", "text": "pick. Um you know I think balancing"}, {"start": "00:25:06", "end": "00:25:10", "text": "those two ROI versus security is"}, {"start": "00:25:09", "end": "00:25:12", "text": "important but I like unis swap. I hold"}, {"start": "00:25:10", "end": "00:25:14", "text": "unis swap. Um, and this is something we"}, {"start": "00:25:12", "end": "00:25:15", "text": "were looking for breakouts here a couple"}, {"start": "00:25:14", "end": "00:25:17", "text": "of weeks ago. We had this, you know,"}, {"start": "00:25:15", "end": "00:25:19", "text": "this orange line was one I was looking"}, {"start": "00:25:17", "end": "00:25:22", "text": "for a big breakout on. Um, obviously"}, {"start": "00:25:19", "end": "00:25:24", "text": "we've exploded. Uh, I think it's too"}, {"start": "00:25:22", "end": "00:25:25", "text": "soon to call unis swap an official bull"}, {"start": "00:25:24", "end": "00:25:27", "text": "trend just yet because it's kind of"}, {"start": "00:25:25", "end": "00:25:31", "text": "hard. I would say maybe making a move"}, {"start": "00:25:27", "end": "00:25:32", "text": "above $10, 1020ish would would confirm"}, {"start": "00:25:31", "end": "00:25:35", "text": "the bull trend. But really great"}, {"start": "00:25:32", "end": "00:25:37", "text": "momentum uh has come in here for unis"}, {"start": "00:25:35", "end": "00:25:39", "text": "swap. Um, I'm trying to make sure. Yeah,"}, {"start": "00:25:37", "end": "00:25:42", "text": "I mean you go back over here. It it was"}, {"start": "00:25:39", "end": "00:25:45", "text": "a weird bull market period between 23"}, {"start": "00:25:42", "end": "00:25:46", "text": "and 26 for unis swap, but the 200 day"}, {"start": "00:25:45", "end": "00:25:49", "text": "moving average is moving in the right"}, {"start": "00:25:46", "end": "00:25:50", "text": "direction. Um, we got a lot of momentum"}, {"start": "00:25:49", "end": "00:25:52", "text": "kind of building there. Yes, we're"}, {"start": "00:25:50", "end": "00:25:53", "text": "overextended right now. So, I would not"}, {"start": "00:25:52", "end": "00:25:56", "text": "be buying unis swap right this second. I"}, {"start": "00:25:53", "end": "00:25:58", "text": "do think this is another opportunity to"}, {"start": "00:25:56", "end": "00:25:59", "text": "wait and get a daily buy signal. Um, I"}, {"start": "00:25:58", "end": "00:26:01", "text": "mean, I don't even have to pull up a lot"}, {"start": "00:25:59", "end": "00:26:04", "text": "of indicators here. I think the first"}, {"start": "00:26:01", "end": "00:26:06", "text": "level I'd be watching is around 480, a"}, {"start": "00:26:04", "end": "00:26:08", "text": "former support level that we blasted"}, {"start": "00:26:06", "end": "00:26:09", "text": "through or sorry, a former yeah support"}, {"start": "00:26:08", "end": "00:26:11", "text": "level turn resistance. Now, could we"}, {"start": "00:26:09", "end": "00:26:13", "text": "come back and bounce on that level once"}, {"start": "00:26:11", "end": "00:26:14", "text": "again? That'd be an area to watch here."}, {"start": "00:26:13", "end": "00:26:17", "text": "But no matter where we hit, uh I'm"}, {"start": "00:26:14", "end": "00:26:20", "text": "looking at my oscillators. Give me give"}, {"start": "00:26:17", "end": "00:26:21", "text": "me a 50 line on the RSI or a 30 with the"}, {"start": "00:26:20", "end": "00:26:24", "text": "next daily buy signal and I and I'll be"}, {"start": "00:26:21", "end": "00:26:26", "text": "looking at my next unis swap purchase."}, {"start": "00:26:24", "end": "00:26:27", "text": ">> So around 470 there, guys. If you're not"}, {"start": "00:26:26", "end": "00:26:28", "text": "in the token and you're thinking, hey,"}, {"start": "00:26:27", "end": "00:26:31", "text": "maybe this is something that might be a"}, {"start": "00:26:28", "end": "00:26:33", "text": "target for you. look at the at the"}, {"start": "00:26:31", "end": "00:26:36", "text": "overall market of centralized exchanges."}, {"start": "00:26:33", "end": "00:26:38", "text": "You compare Robin Hood to Coinbase and"}, {"start": "00:26:36", "end": "00:26:41", "text": "let's say you were going to just play it"}, {"start": "00:26:38", "end": "00:26:44", "text": "on the open stock market and forget you"}, {"start": "00:26:41", "end": "00:26:46", "text": "know X stocks or going into per"}, {"start": "00:26:44", "end": "00:26:47", "text": "which one would you pick Hood versus"}, {"start": "00:26:46", "end": "00:26:49", "text": "Coin?"}, {"start": "00:26:47", "end": "00:26:52", "text": ">> Yeah, this is one we we made this pick"}, {"start": "00:26:49", "end": "00:26:53", "text": "in our community um months ago. I would"}, {"start": "00:26:52", "end": "00:26:55", "text": "I want to say this was something we"}, {"start": "00:26:53", "end": "00:26:57", "text": "chose back in May um when we were"}, {"start": "00:26:55", "end": "00:26:59", "text": "building a beginner friendly portfolio."}, {"start": "00:26:57", "end": "00:27:00", "text": "We we included stocks and we were"}, {"start": "00:26:59", "end": "00:27:03", "text": "looking at Hood and we were looking at"}, {"start": "00:27:00", "end": "00:27:05", "text": "Coinbase and we went with Hood, right?"}, {"start": "00:27:03", "end": "00:27:08", "text": "So So our first purchase on Hood was"}, {"start": "00:27:05", "end": "00:27:09", "text": "back over here in the world of $75. Um"}, {"start": "00:27:08", "end": "00:27:12", "text": "take a look at where Coin was back in"}, {"start": "00:27:09", "end": "00:27:14", "text": "May. Um you're looking at more of a"}, {"start": "00:27:12", "end": "00:27:16", "text": "high. Coin was at 211. So anyone who"}, {"start": "00:27:14", "end": "00:27:18", "text": "bought Coin instead of Hood, you're down"}, {"start": "00:27:16", "end": "00:27:20", "text": "a sizable amount versus if you bought"}, {"start": "00:27:18", "end": "00:27:22", "text": "Hood, you're up a sizable amount. So we"}, {"start": "00:27:20", "end": "00:27:25", "text": "made the right choice here. My reason"}, {"start": "00:27:22", "end": "00:27:27", "text": "why is because there there was there was"}, {"start": "00:27:25", "end": "00:27:30", "text": "so much convoluted hating of Robin Hood"}, {"start": "00:27:27", "end": "00:27:35", "text": "back in 2021 because of their stuff with"}, {"start": "00:27:30", "end": "00:27:36", "text": "um AMC and with with stons."}, {"start": "00:27:35", "end": "00:27:37", "text": ">> It's not that I don't like Coinbase,"}, {"start": "00:27:36", "end": "00:27:39", "text": "right? I have a Coinbase account. I"}, {"start": "00:27:37", "end": "00:27:40", "text": "actually hold a decent amount of crypto"}, {"start": "00:27:39", "end": "00:27:42", "text": "in Coinbase."}, {"start": "00:27:40", "end": "00:27:43", "text": ">> I think Robin Hood's making a comeback"}, {"start": "00:27:42", "end": "00:27:45", "text": "and I think they're going to have way"}, {"start": "00:27:43", "end": "00:27:47", "text": "more retail investors who don't care"}, {"start": "00:27:45", "end": "00:27:48", "text": "about the centralized decentralized"}, {"start": "00:27:47", "end": "00:27:50", "text": "arguments. They don't care about the"}, {"start": "00:27:48", "end": "00:27:51", "text": "stuff. They they look at the fee"}, {"start": "00:27:50", "end": "00:27:53", "text": "structures. I think Robin Hood has"}, {"start": "00:27:51", "end": "00:27:55", "text": "better fee structures than Coinbase."}, {"start": "00:27:53", "end": "00:27:57", "text": "It's more friendly towards people coming"}, {"start": "00:27:55", "end": "00:27:59", "text": "from the trady space. I just had a"}, {"start": "00:27:57", "end": "00:28:00", "text": "hunch. I think I think Hood is going to"}, {"start": "00:27:59", "end": "00:28:01", "text": "have a better bull run than Coinbase."}, {"start": "00:28:00", "end": "00:28:03", "text": "That doesn't mean Coinbase is going to"}, {"start": "00:28:01", "end": "00:28:05", "text": "be terrible. It just means Hood I think"}, {"start": "00:28:03", "end": "00:28:08", "text": "is going to outperform it. Um I also"}, {"start": "00:28:05", "end": "00:28:09", "text": "watch that video like I he's absolutely"}, {"start": "00:28:08", "end": "00:28:11", "text": "right. Like there's no difference"}, {"start": "00:28:09", "end": "00:28:13", "text": "between the ETF. I I don't own ETFs."}, {"start": "00:28:11", "end": "00:28:14", "text": "Like I I don't I'm not saying I don't"}, {"start": "00:28:13", "end": "00:28:16", "text": "understand why people buy ES, but I'm"}, {"start": "00:28:14", "end": "00:28:18", "text": "like I would rather just own Bitcoin or"}, {"start": "00:28:16", "end": "00:28:19", "text": "own Ethereum. If you buy the ETF, you"}, {"start": "00:28:18", "end": "00:28:20", "text": "should understand, yeah, you're getting"}, {"start": "00:28:19", "end": "00:28:22", "text": "the value of Bitcoin or the value of"}, {"start": "00:28:20", "end": "00:28:24", "text": "Ethereum, but you're not getting what"}, {"start": "00:28:22", "end": "00:28:25", "text": "makes Bitcoin Ethereum special. In the"}, {"start": "00:28:24", "end": "00:28:29", "text": "same way, that's gonna be the same world"}, {"start": "00:28:25", "end": "00:28:31", "text": "with tokenized assets. Like tokenized,"}, {"start": "00:28:29", "end": "00:28:33", "text": ">> this is a this is a bit different. This"}, {"start": "00:28:31", "end": "00:28:35", "text": "is this is about access, you know, for"}, {"start": "00:28:33", "end": "00:28:37", "text": "tokenized assets. I think that's the"}, {"start": "00:28:35", "end": "00:28:38", "text": "challenge that, you know, Wall Street is"}, {"start": "00:28:37", "end": "00:28:41", "text": "having with this because it's turning"}, {"start": "00:28:38", "end": "00:28:43", "text": "these markets into 247 global markets"}, {"start": "00:28:41", "end": "00:28:44", "text": "versus what we see right now. Now"}, {"start": "00:28:43", "end": "00:28:47", "text": "granted, that's going to change most"}, {"start": "00:28:44", "end": "00:28:48", "text": "likely, but even then to a certain"}, {"start": "00:28:47", "end": "00:28:50", "text": "extent, you're still going to have"}, {"start": "00:28:48", "end": "00:28:52", "text": "places around the world that want to"}, {"start": "00:28:50", "end": "00:28:54", "text": "play on the US markets, and this is"}, {"start": "00:28:52", "end": "00:28:55", "text": "going to be one of the ways that to do"}, {"start": "00:28:54", "end": "00:28:56", "text": "it for sure."}, {"start": "00:28:55", "end": "00:28:57", "text": ">> Hey, I want to go to the"}, {"start": "00:28:56", "end": "00:28:59", "text": ">> You're going to be trading, you're"}, {"start": "00:28:57", "end": "00:29:01", "text": "trading control. You'll be trading"}, {"start": "00:28:59", "end": "00:29:03", "text": "control for ease of access, right? You"}, {"start": "00:29:01", "end": "00:29:05", "text": "won't get the full control, but you will"}, {"start": "00:29:03", "end": "00:29:07", "text": "be able to get in and out faster, more"}, {"start": "00:29:05", "end": "00:29:09", "text": "efficiently, more creatively, cheaper."}, {"start": "00:29:07", "end": "00:29:11", "text": ">> It's what you're signing up for."}, {"start": "00:29:09", "end": "00:29:12", "text": ">> Yeah. Yeah. For sure. Let's go to our"}, {"start": "00:29:11", "end": "00:29:14", "text": "lightning round, which you guys, if"}, {"start": "00:29:12", "end": "00:29:16", "text": "you're not aware, uh this is where Tim"}, {"start": "00:29:14", "end": "00:29:18", "text": "and I and some of our guests go through"}, {"start": "00:29:16", "end": "00:29:20", "text": "really fast questions and where we where"}, {"start": "00:29:18", "end": "00:29:22", "text": "we stand on some of the situations that"}, {"start": "00:29:20", "end": "00:29:24", "text": "are hitting the markets big time."}, {"start": "00:29:22", "end": "00:29:26", "text": "Republican voters will believe economic"}, {"start": "00:29:24", "end": "00:29:28", "text": "relief is coming. Do you think that is"}, {"start": "00:29:26", "end": "00:29:30", "text": "the case?"}, {"start": "00:29:28", "end": "00:29:32", "text": ">> Yeah, I I think that I mean I know I"}, {"start": "00:29:30", "end": "00:29:34", "text": "there are people in my life who I call"}, {"start": "00:29:32", "end": "00:29:35", "text": "it Trump derangement syndrome on both"}, {"start": "00:29:34", "end": "00:29:37", "text": "directions. People that love him and"}, {"start": "00:29:35", "end": "00:29:39", "text": "hate him, they both have Trump"}, {"start": "00:29:37", "end": "00:29:41", "text": "derangement syndrome. Republicans will"}, {"start": "00:29:39", "end": "00:29:42", "text": "will believe that this is coming and"}, {"start": "00:29:41", "end": "00:29:44", "text": "then when it doesn't happen they'll have"}, {"start": "00:29:42", "end": "00:29:45", "text": "they'll just agree with whatever the"}, {"start": "00:29:44", "end": "00:29:49", "text": "excuse is."}, {"start": "00:29:45", "end": "00:29:51", "text": ">> Okay. I am more on the than no"}, {"start": "00:29:49", "end": "00:29:52", "text": "that maybe not. Maybe the the you know"}, {"start": "00:29:51", "end": "00:29:52", "text": "the sherrod is up."}, {"start": "00:29:52", "end": "00:29:55", "text": ">> We'll see."}, {"start": "00:29:52", "end": "00:29:58", "text": ">> We'll see. Um SEC will pump the the"}, {"start": "00:29:55", "end": "00:30:00", "text": "market the same night that clarity vote"}, {"start": "00:29:58", "end": "00:30:01", "text": "closure clarity vote fails. What do you"}, {"start": "00:30:00", "end": "00:30:03", "text": "think?"}, {"start": "00:30:01", "end": "00:30:05", "text": ">> Well, you know, you're starting off with"}, {"start": "00:30:03", "end": "00:30:07", "text": "a will word there. There should not an"}, {"start": "00:30:05", "end": "00:30:09", "text": "if not an if word in there. Um yeah, I"}, {"start": "00:30:07", "end": "00:30:12", "text": "think the SEC and the C maybe you know"}, {"start": "00:30:09", "end": "00:30:15", "text": "hold on the question says the same."}, {"start": "00:30:12", "end": "00:30:16", "text": ">> Yeah. Yeah. The vote fails. So what"}, {"start": "00:30:15", "end": "00:30:16", "text": "happens to the market pump?"}, {"start": "00:30:16", "end": "00:30:19", "text": ">> Yeah."}, {"start": "00:30:16", "end": "00:30:22", "text": ">> Based on the SEC's saying, okay, we're"}, {"start": "00:30:19", "end": "00:30:24", "text": "going to vote no. I'm going to vote no."}, {"start": "00:30:22", "end": "00:30:26", "text": "But but if this question was like the"}, {"start": "00:30:24", "end": "00:30:28", "text": "day after or two days after, I'd say"}, {"start": "00:30:26", "end": "00:30:30", "text": "yes. But I I think the the I think"}, {"start": "00:30:28", "end": "00:30:33", "text": "they'll allow the markets to respond."}, {"start": "00:30:30", "end": "00:30:35", "text": ">> Okay. and and and it'll allow those who"}, {"start": "00:30:33", "end": "00:30:36", "text": "believe to scoop up and buy the dip"}, {"start": "00:30:35", "end": "00:30:39", "text": "before the run."}, {"start": "00:30:36", "end": "00:30:42", "text": ">> I'm in the middle on that one. Uh Zcash"}, {"start": "00:30:39", "end": "00:30:42", "text": "flips hyperlquid."}, {"start": "00:30:43", "end": "00:30:48", "text": ">> No."}, {"start": "00:30:46", "end": "00:30:51", "text": ">> Oh boy. Here we go. I'm going to say"}, {"start": "00:30:48", "end": "00:30:55", "text": "yes. I think Zcash flips it. Yep. Salana"}, {"start": "00:30:51", "end": "00:30:56", "text": "flips XRP if clarity doesn't pass."}, {"start": "00:30:55", "end": "00:30:58", "text": ">> No. Well, how close is that right now? I"}, {"start": "00:30:56", "end": "00:31:00", "text": "don't even know how close it is."}, {"start": "00:30:58", "end": "00:31:02", "text": ">> It's close. I mean, Salana has actually"}, {"start": "00:31:00", "end": "00:31:04", "text": "flipped it once in and out. Are you"}, {"start": "00:31:02", "end": "00:31:06", "text": "looking at coin market cap?"}, {"start": "00:31:04", "end": "00:31:09", "text": ">> Yeah, I'm looking at market cap 58"}, {"start": "00:31:06", "end": "00:31:12", "text": "versus 85. Huh, that is closer than I"}, {"start": "00:31:09", "end": "00:31:13", "text": "thought. Um,"}, {"start": "00:31:12", "end": "00:31:15", "text": ">> no, I'm I'm going still say no. I'm"}, {"start": "00:31:13", "end": "00:31:17", "text": "going still say no. I think they both"}, {"start": "00:31:15", "end": "00:31:21", "text": "get an initial bad response."}, {"start": "00:31:17", "end": "00:31:22", "text": ">> Both get a Okay."}, {"start": "00:31:21", "end": "00:31:25", "text": "Yeah, I'm in the middle on that one. I"}, {"start": "00:31:22", "end": "00:31:27", "text": "don't know. Now you got me thinking. I"}, {"start": "00:31:25", "end": "00:31:28", "text": "kind of think that it's gonna it's gonna"}, {"start": "00:31:27", "end": "00:31:30", "text": "flip it. Maybe I could be wrong."}, {"start": "00:31:28", "end": "00:31:33", "text": ">> I think it's going to flip it if if we"}, {"start": "00:31:30", "end": "00:31:35", "text": "see it, but we'll see. Um, after Clarity"}, {"start": "00:31:33", "end": "00:31:37", "text": "fails, Trump will announce epic"}, {"start": "00:31:35", "end": "00:31:39", "text": "strategic reserve nonsense uh to win"}, {"start": "00:31:37", "end": "00:31:39", "text": "over crypto."}, {"start": "00:31:39", "end": "00:31:41", "text": ">> Again,"}, {"start": "00:31:39", "end": "00:31:44", "text": ">> you guys, your whole team is just so the"}, {"start": "00:31:41", "end": "00:31:47", "text": "the wording just writing it in there."}, {"start": "00:31:44", "end": "00:31:48", "text": "It's not going to come. Um, you are you"}, {"start": "00:31:47", "end": "00:31:49", "text": "guys betting on Poly Market because I"}, {"start": "00:31:48", "end": "00:31:52", "text": "[laughter] think that's where all the"}, {"start": "00:31:49", "end": "00:31:54", "text": "volume's coming from."}, {"start": "00:31:52", "end": "00:31:57", "text": "Um,"}, {"start": "00:31:54", "end": "00:31:59", "text": ">> yeah. I I Yes, I think he will continue"}, {"start": "00:31:57", "end": "00:32:01", "text": "to push the buttons and blame and and"}, {"start": "00:31:59", "end": "00:32:02", "text": "try to win any support he can get."}, {"start": "00:32:01", "end": "00:32:03", "text": ">> I'm with you on that one. Okay."}, {"start": "00:32:02", "end": "00:32:04", "text": ">> Yeah."}, {"start": "00:32:03", "end": "00:32:07", "text": ">> All right. What happens first? 88,000"}, {"start": "00:32:04", "end": "00:32:09", "text": "Bitcoin or gold? 5K."}, {"start": "00:32:07", "end": "00:32:10", "text": ">> Oh, man."}, {"start": "00:32:09", "end": "00:32:13", "text": "[laughter]"}, {"start": "00:32:10", "end": "00:32:16", "text": ">> I'm gonna just answer for you."}, {"start": "00:32:13", "end": "00:32:18", "text": ">> I actually wonder. I think I actually I"}, {"start": "00:32:16", "end": "00:32:21", "text": "might say gold."}, {"start": "00:32:18", "end": "00:32:23", "text": ">> Oh. Oh, okay. You're in my camp. I think"}, {"start": "00:32:21", "end": "00:32:25", "text": "gold hits 5k first. Yeah, I think that"}, {"start": "00:32:23", "end": "00:32:26", "text": "that I think that's a doable."}, {"start": "00:32:25", "end": "00:32:28", "text": ">> Uh, all right. Here we go. We got some"}, {"start": "00:32:26", "end": "00:32:31", "text": "other ones here. Uh, Netanyahu winning"}, {"start": "00:32:28", "end": "00:32:32", "text": "the election will move the market up or"}, {"start": "00:32:31", "end": "00:32:34", "text": "down."}, {"start": "00:32:32", "end": "00:32:36", "text": ">> I think down. I mean, [laughter] I don't"}, {"start": "00:32:34", "end": "00:32:38", "text": "think that I think the majority of the"}, {"start": "00:32:36", "end": "00:32:38", "text": "world does not like that, man. So, I'm"}, {"start": "00:32:38", "end": "00:32:42", "text": "going to say down."}, {"start": "00:32:38", "end": "00:32:42", "text": ">> All right. So, you're going to say down."}, {"start": "00:32:43", "end": "00:32:47", "text": ">> I'm gonna go up."}, {"start": "00:32:46", "end": "00:32:50", "text": "I'm gonna [clears throat] go up. Uh,"}, {"start": "00:32:47", "end": "00:32:54", "text": "banks will go extra crazy if rate hikes"}, {"start": "00:32:50", "end": "00:32:54", "text": "increase stable coin yields."}, {"start": "00:32:54", "end": "00:32:56", "text": ">> Oh,"}, {"start": "00:32:54", "end": "00:32:58", "text": ">> come on. You know they're gonna go nuts"}, {"start": "00:32:56", "end": "00:33:00", "text": "if stable coin yields go to 6%."}, {"start": "00:32:58", "end": "00:33:02", "text": ">> They'll get crazier. So, let's say yes,"}, {"start": "00:33:00", "end": "00:33:03", "text": "because I guess they're already crazy,"}, {"start": "00:33:02", "end": "00:33:06", "text": "so they'll go even more. Yeah."}, {"start": "00:33:03", "end": "00:33:09", "text": ">> Okay. More crazy. All right. Den season"}, {"start": "00:33:06", "end": "00:33:11", "text": "begins the day after Clarity Cloer"}, {"start": "00:33:09", "end": "00:33:14", "text": "fails."}, {"start": "00:33:11", "end": "00:33:16", "text": ">> Den season. No, I think the DGEN"}, {"start": "00:33:14", "end": "00:33:18", "text": "season's going to have to wait a beat"}, {"start": "00:33:16", "end": "00:33:21", "text": "before things make sense. I don't think"}, {"start": "00:33:18", "end": "00:33:24", "text": "you start the the special run with DJ."}, {"start": "00:33:21", "end": "00:33:26", "text": "DJ is the followup to Hey,"}, {"start": "00:33:24", "end": "00:33:27", "text": ">> I think I think we're already in DJ"}, {"start": "00:33:26", "end": "00:33:29", "text": "season. I mean, you got laptop launching"}, {"start": "00:33:27", "end": "00:33:31", "text": "ridiculously"}, {"start": "00:33:29", "end": "00:33:33", "text": ">> uh along with many others. Let's just"}, {"start": "00:33:31", "end": "00:33:35", "text": "forget about what we're going to most"}, {"start": "00:33:33", "end": "00:33:36", "text": "likely see after."}, {"start": "00:33:35", "end": "00:33:38", "text": ">> Uh and I think there's some projects"}, {"start": "00:33:36", "end": "00:33:40", "text": "waiting in the wings. So, I'm going to"}, {"start": "00:33:38", "end": "00:33:43", "text": "go yes. All right. Here. FOMO app growth"}, {"start": "00:33:40", "end": "00:33:46", "text": "is proof that Coinbase is fumbling at"}, {"start": "00:33:43", "end": "00:33:48", "text": "winning over the Dens."}, {"start": "00:33:46", "end": "00:33:51", "text": ">> See, I don't know much about this one."}, {"start": "00:33:48", "end": "00:33:54", "text": "FOMO app growth is proof."}, {"start": "00:33:51", "end": "00:33:55", "text": ">> I don't know what the middle. I don't"}, {"start": "00:33:54", "end": "00:33:57", "text": "know. I'll just go straight down."}, {"start": "00:33:55", "end": "00:33:59", "text": ">> I'm just gonna I'll answer it, Greek."}, {"start": "00:33:57", "end": "00:34:00", "text": "I'll put you on a on a no answer on that"}, {"start": "00:33:59", "end": "00:34:00", "text": "one."}, {"start": "00:34:00", "end": "00:34:02", "text": ">> Yeah."}, {"start": "00:34:00", "end": "00:34:03", "text": ">> All right, Tim. Listen, it's good to"}, {"start": "00:34:02", "end": "00:34:05", "text": "chat with you. I love uh doing the"}, {"start": "00:34:03", "end": "00:34:07", "text": "charts. Uh thank you so much for coming"}, {"start": "00:34:05", "end": "00:34:10", "text": "in today. We appreciate it."}, {"start": "00:34:07", "end": "00:34:12", "text": ">> Yes, sir. Thanks for having me, Paul."}, {"start": "00:34:10", "end": "00:34:12", "text": ">> [music]"}, {"start": "00:34:15", "end": "00:34:18", "text": ">> If you like this video, hit like and"}, {"start": "00:34:17", "end": "00:34:21", "text": "subscribe. [music] Drop a comment down"}, {"start": "00:34:18", "end": "00:34:22", "text": "below and also join our free private"}, {"start": "00:34:21", "end": "00:34:25", "text": "member group. The link is in the [music]"}, {"start": "00:34:22", "end": "00:34:25", "text": "description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Is the bull run underpriced? Today we're"}, {"start": "00:00:01", "end": "00:00:05", "text": "going to be breaking that down for you,"}, {"start": "00:00:03", "end": "00:00:06", "text": "get you guys fully up to date with"}, {"start": "00:00:05", "end": "00:00:08", "text": "what's going on. I want to thank our"}, {"start": "00:00:06", "end": "00:00:11", "text": "sponsor today and that is Tandem where"}, {"start": "00:00:08", "end": "00:00:13", "text": "you guys can get into full self-custody."}, {"start": "00:00:11", "end": "00:00:15", "text": "Very easy to do your secure crypto"}, {"start": "00:00:13", "end": "00:00:17", "text": "hardware wallet. And one of the things"}, {"start": "00:00:15", "end": "00:00:19", "text": "about Tandem that I think a lot of"}, {"start": "00:00:17", "end": "00:00:22", "text": "people misunderstand with self- custody"}, {"start": "00:00:19", "end": "00:00:24", "text": "is the ease of use and also the ease of"}, {"start": "00:00:22", "end": "00:00:26", "text": "being able to get this set up for you."}, {"start": "00:00:24", "end": "00:00:28", "text": "It's like a credit card, works with your"}, {"start": "00:00:26", "end": "00:00:30", "text": "phone, always present. Make sure to get"}, {"start": "00:00:28", "end": "00:00:31", "text": "a three card set so you've got a backup."}, {"start": "00:00:30", "end": "00:00:33", "text": "But you guys, of course, can use our"}, {"start": "00:00:31", "end": "00:00:35", "text": "link down below. It's going to give you"}, {"start": "00:00:33", "end": "00:00:37", "text": "a 10% discount. And they also have"}, {"start": "00:00:35", "end": "00:00:39", "text": "several offers from time to time. So,"}, {"start": "00:00:37", "end": "00:00:43", "text": "always check what's going on over there"}, {"start": "00:00:39", "end": "00:00:44", "text": "on the website. This is the self-custody"}, {"start": "00:00:43", "end": "00:00:46", "text": "to use. So, make sure and check it out."}, {"start": "00:00:44", "end": "00:00:48", "text": "I want to actually start though with a"}, {"start": "00:00:46", "end": "00:00:51", "text": "clip today. And this will kind of get"}, {"start": "00:00:48", "end": "00:00:53", "text": "some frame around what is actually"}, {"start": "00:00:51", "end": "00:00:56", "text": "happening in the market. Here is"}, {"start": "00:00:53", "end": "00:00:59", "text": "Secretary Besson. Take a look. Whenever"}, {"start": "00:00:56", "end": "00:01:02", "text": "people say, \"Oh, well, Treasury"}, {"start": "00:00:59", "end": "00:01:05", "text": "Secretary is taking a risk.\" Well, it's"}, {"start": "00:01:02", "end": "00:01:07", "text": "my dream. I have asymmetric information."}, {"start": "00:01:05", "end": "00:01:10", "text": "Like, I am the house. Now, when we"}, {"start": "00:01:07", "end": "00:01:13", "text": "intervene with the Japanese yen,"}, {"start": "00:01:10", "end": "00:01:15", "text": "I have pretty good insight into what the"}, {"start": "00:01:13", "end": "00:01:18", "text": "Japanese what the Bank of Japan's going"}, {"start": "00:01:15", "end": "00:01:20", "text": "to do, what Japanese policy makers are"}, {"start": "00:01:18", "end": "00:01:23", "text": "going to do. You can bet against me if"}, {"start": "00:01:20", "end": "00:01:25", "text": "you want. At once that raises a lot of"}, {"start": "00:01:23", "end": "00:01:27", "text": "uncomfortable questions, not least of"}, {"start": "00:01:25", "end": "00:01:30", "text": "which is going to be the fact that is"}, {"start": "00:01:27", "end": "00:01:31", "text": "the BOJ's independence compromised here"}, {"start": "00:01:30", "end": "00:01:34", "text": "if he already knows what they're going"}, {"start": "00:01:31", "end": "00:01:36", "text": "to do. All right, so you can see this is"}, {"start": "00:01:34", "end": "00:01:38", "text": "a little bit of shock waves in the"}, {"start": "00:01:36", "end": "00:01:40", "text": "market in general. Stern Drew kind of"}, {"start": "00:01:38", "end": "00:01:42", "text": "drew drew a little bit toward this and"}, {"start": "00:01:40", "end": "00:01:44", "text": "the statement here is that Basson just"}, {"start": "00:01:42", "end": "00:01:46", "text": "triggered the biggest uh GameStop moment"}, {"start": "00:01:44", "end": "00:01:48", "text": "ever. Treasury boss just lit the fuse"}, {"start": "00:01:46", "end": "00:01:50", "text": "under a trillion dollar yen squeeze"}, {"start": "00:01:48", "end": "00:01:52", "text": "which could play into this if his"}, {"start": "00:01:50", "end": "00:01:55", "text": "insight is real and Japan suddenly"}, {"start": "00:01:52", "end": "00:01:57", "text": "tightens or intervenes. The the unwind"}, {"start": "00:01:55", "end": "00:01:59", "text": "of course could be very violent. One"}, {"start": "00:01:57", "end": "00:02:01", "text": "wrong move here. Trillions in cheap"}, {"start": "00:01:59", "end": "00:02:03", "text": "funded uh yen positions get crushed. And"}, {"start": "00:02:01", "end": "00:02:05", "text": "I think that is where it boils down to"}, {"start": "00:02:03", "end": "00:02:07", "text": "the last statement which is it's a"}, {"start": "00:02:05", "end": "00:02:10", "text": "warning shot that Washington thinks it"}, {"start": "00:02:07", "end": "00:02:13", "text": "has the upper hand in the US Japanese"}, {"start": "00:02:10", "end": "00:02:15", "text": "monetary chess game. So, this I think is"}, {"start": "00:02:13", "end": "00:02:18", "text": "in a position right now where the market"}, {"start": "00:02:15", "end": "00:02:20", "text": "could be looking at this and also where"}, {"start": "00:02:18", "end": "00:02:21", "text": "the US could intervene. The real"}, {"start": "00:02:20", "end": "00:02:24", "text": "question is why and I'll I'll show you a"}, {"start": "00:02:21", "end": "00:02:26", "text": "clip on that, but I want to jump over to"}, {"start": "00:02:24", "end": "00:02:28", "text": "Mark Cudmore because he had a statement"}, {"start": "00:02:26", "end": "00:02:30", "text": "here that I think is going to actually"}, {"start": "00:02:28", "end": "00:02:32", "text": "happen. Take a look. Uh I think he's"}, {"start": "00:02:30", "end": "00:02:36", "text": "right in what he says. I just don't know"}, {"start": "00:02:32", "end": "00:02:38", "text": "why he's saying it. Uh I think that he's"}, {"start": "00:02:36", "end": "00:02:40", "text": "he's kind of waving the the red rag to"}, {"start": "00:02:38", "end": "00:02:42", "text": "the bull of the market. Uh, and I think"}, {"start": "00:02:40", "end": "00:02:44", "text": "that, you know, the market might be"}, {"start": "00:02:42", "end": "00:02:46", "text": "tempted to test him even though it's"}, {"start": "00:02:44", "end": "00:02:48", "text": "right. He does have he has more tools at"}, {"start": "00:02:46", "end": "00:02:51", "text": "his disposal. He has more information."}, {"start": "00:02:48", "end": "00:02:52", "text": "Uh, he he is the house and he can"}, {"start": "00:02:51", "end": "00:02:53", "text": "ultimately read the game, but he might"}, {"start": "00:02:52", "end": "00:02:55", "text": "be forced to show that they're going to"}, {"start": "00:02:53", "end": "00:02:56", "text": "pick the market's going to pick their"}, {"start": "00:02:55", "end": "00:02:58", "text": "moment. But he's he's, you know, he's"}, {"start": "00:02:56", "end": "00:03:01", "text": "really kind of taunting the market. He's"}, {"start": "00:02:58", "end": "00:03:02", "text": "intervening both in the the yen the FX"}, {"start": "00:03:01", "end": "00:03:05", "text": "markets and treasury markets. These are"}, {"start": "00:03:02", "end": "00:03:06", "text": "big markets. And I think that when the"}, {"start": "00:03:05", "end": "00:03:08", "text": "data goes against them, because the"}, {"start": "00:03:06", "end": "00:03:10", "text": "structural flows are against them, the"}, {"start": "00:03:08", "end": "00:03:11", "text": "fiscal pressure continues to mount, the"}, {"start": "00:03:10", "end": "00:03:13", "text": "inflationary pressure continues to"}, {"start": "00:03:11", "end": "00:03:15", "text": "mount. So they'll pick their time and"}, {"start": "00:03:13", "end": "00:03:16", "text": "then they'll go, \"Go on then, show us"}, {"start": "00:03:15", "end": "00:03:18", "text": "what you got.\" And he might ultimately"}, {"start": "00:03:16", "end": "00:03:20", "text": "have more tools, but he's made it very"}, {"start": "00:03:18", "end": "00:03:22", "text": "messy and hard for himself. He should"}, {"start": "00:03:20", "end": "00:03:24", "text": "have just silently taken his victory and"}, {"start": "00:03:22", "end": "00:03:25", "text": "waited till people realize and applaud"}, {"start": "00:03:24", "end": "00:03:27", "text": "him. And instead, I think he's made a"}, {"start": "00:03:25", "end": "00:03:29", "text": "big blunder."}, {"start": "00:03:27", "end": "00:03:31", "text": ">> Okay, so big blunder. And let me know,"}, {"start": "00:03:29", "end": "00:03:33", "text": "do you guys think that Bessa maybe is"}, {"start": "00:03:31", "end": "00:03:36", "text": "overstepping his boundary here? And will"}, {"start": "00:03:33", "end": "00:03:38", "text": "this actually affect how we are going to"}, {"start": "00:03:36", "end": "00:03:39", "text": "see the Treasury deal with this? And I"}, {"start": "00:03:38", "end": "00:03:41", "text": "think this is the whole issue right now."}, {"start": "00:03:39", "end": "00:03:44", "text": "Even Bur came out saying that the last"}, {"start": "00:03:41", "end": "00:03:47", "text": "real hedge funds left are now building"}, {"start": "00:03:44", "end": "00:03:49", "text": "positions specifically to take on Scott"}, {"start": "00:03:47", "end": "00:03:51", "text": "and his whole bet on the yen. So if"}, {"start": "00:03:49", "end": "00:03:54", "text": "you've got some of the best hedge fund"}, {"start": "00:03:51", "end": "00:03:56", "text": "managers out there, which is now going"}, {"start": "00:03:54", "end": "00:03:59", "text": "head-to-head with a former hedge fund"}, {"start": "00:03:56", "end": "00:04:00", "text": "manager, maybe this is just timing. Or"}, {"start": "00:03:59", "end": "00:04:02", "text": "is there something else a foot here?"}, {"start": "00:04:00", "end": "00:04:05", "text": "That's the question I think that uh I'm"}, {"start": "00:04:02", "end": "00:04:07", "text": "looking at. Is he crazy like a fox or is"}, {"start": "00:04:05", "end": "00:04:10", "text": "he just pushing all of this into a fight"}, {"start": "00:04:07", "end": "00:04:11", "text": "that just was not needed? Here is of"}, {"start": "00:04:10", "end": "00:04:13", "text": "course the short positions right there"}, {"start": "00:04:11", "end": "00:04:15", "text": "on the Japanese yen. They re remain near"}, {"start": "00:04:13", "end": "00:04:18", "text": "the largest in history. You can kind of"}, {"start": "00:04:15", "end": "00:04:20", "text": "see this is the retail estimates right"}, {"start": "00:04:18", "end": "00:04:22", "text": "now in terms of Japan the Japanese"}, {"start": "00:04:20", "end": "00:04:24", "text": "retail over the counter. This is a"}, {"start": "00:04:22", "end": "00:04:26", "text": "problem because again to our point"}, {"start": "00:04:24", "end": "00:04:29", "text": "earlier the amount of historic"}, {"start": "00:04:26", "end": "00:04:31", "text": "volatility that this could cause is real"}, {"start": "00:04:29", "end": "00:04:33", "text": "especially if this plays out all"}, {"start": "00:04:31", "end": "00:04:35", "text": "according to what Besson's thinking it"}, {"start": "00:04:33", "end": "00:04:37", "text": "might do. Other things that of course"}, {"start": "00:04:35", "end": "00:04:39", "text": "are happening right now is remember this"}, {"start": "00:04:37", "end": "00:04:41", "text": "happened back in August where the"}, {"start": "00:04:39", "end": "00:04:43", "text": "Treasury announced the uh size of the"}, {"start": "00:04:41", "end": "00:04:45", "text": "nominal long in liquidity sport that"}, {"start": "00:04:43", "end": "00:04:47", "text": "they were willing to go into. At the"}, {"start": "00:04:45", "end": "00:04:49", "text": "time the current maximum size was around"}, {"start": "00:04:47", "end": "00:04:51", "text": "2 billion per operation that'll be at"}, {"start": "00:04:49", "end": "00:04:53", "text": "least 4 billion per operation. So when"}, {"start": "00:04:51", "end": "00:04:55", "text": "you look at the update right here, you"}, {"start": "00:04:53", "end": "00:04:57", "text": "can kind of see the buyback is now 6"}, {"start": "00:04:55", "end": "00:04:59", "text": "billion in bonds with a 10 to 20 year"}, {"start": "00:04:57", "end": "00:05:02", "text": "remaining until maturity on September"}, {"start": "00:04:59", "end": "00:05:04", "text": "10th. So all this is in play well above"}, {"start": "00:05:02", "end": "00:05:06", "text": "what it was doing on the 2 to four uh"}, {"start": "00:05:04", "end": "00:05:07", "text": "billion uh playing out there. Now let's"}, {"start": "00:05:06", "end": "00:05:09", "text": "start with another clip here because"}, {"start": "00:05:07", "end": "00:05:12", "text": "this will go into a little bit of why is"}, {"start": "00:05:09", "end": "00:05:14", "text": "Besson intervening. Did he really need"}, {"start": "00:05:12", "end": "00:05:16", "text": "to do this? Take a look."}, {"start": "00:05:14", "end": "00:05:18", "text": ">> So I think some of it's perception"}, {"start": "00:05:16", "end": "00:05:19", "text": "management. Uh and of course what's"}, {"start": "00:05:18", "end": "00:05:21", "text": "interesting is that I mean the yield"}, {"start": "00:05:19", "end": "00:05:23", "text": "curve is not even that steep. Uh so"}, {"start": "00:05:21", "end": "00:05:25", "text": "again like you know no major volatility"}, {"start": "00:05:23", "end": "00:05:27", "text": "issues, no major liquidity issues and"}, {"start": "00:05:25", "end": "00:05:29", "text": "and not an unreasonable uh steep yield"}, {"start": "00:05:27", "end": "00:05:31", "text": "curve and yet they have intervention"}, {"start": "00:05:29", "end": "00:05:34", "text": "just because the the interest expense is"}, {"start": "00:05:31", "end": "00:05:36", "text": "super high. Uh the public perception"}, {"start": "00:05:34", "end": "00:05:38", "text": "around it is not great. Uh this is also"}, {"start": "00:05:36", "end": "00:05:40", "text": "a treasury secretary that kind of made"}, {"start": "00:05:38", "end": "00:05:43", "text": "getting the 10-year lower one of his"}, {"start": "00:05:40", "end": "00:05:45", "text": "initial goals, explicit goals, which is"}, {"start": "00:05:43", "end": "00:05:47", "text": "not going the direction he wanted. Uh,"}, {"start": "00:05:45", "end": "00:05:49", "text": "and so, uh, you know, they're"}, {"start": "00:05:47", "end": "00:05:50", "text": "intervening. I don't think they have to"}, {"start": "00:05:49", "end": "00:05:52", "text": "intervene right now, but they've they've"}, {"start": "00:05:50", "end": "00:05:54", "text": "made a choice to."}, {"start": "00:05:52", "end": "00:05:56", "text": ">> And I think that's the the point right"}, {"start": "00:05:54", "end": "00:05:59", "text": "there is they've made a choice to do"}, {"start": "00:05:56", "end": "00:06:01", "text": "this. So, what would be impacted in the"}, {"start": "00:05:59", "end": "00:06:02", "text": "markets? There are several analysis out"}, {"start": "00:06:01", "end": "00:06:05", "text": "there that kind of lean toward"}, {"start": "00:06:02", "end": "00:06:07", "text": "commodities. Here is Cudmore kind of"}, {"start": "00:06:05", "end": "00:06:10", "text": "going in a little deeper. I I think"}, {"start": "00:06:07", "end": "00:06:11", "text": "we're we're we're in an incredible"}, {"start": "00:06:10", "end": "00:06:13", "text": "commodities bull cycle. And what we've"}, {"start": "00:06:11", "end": "00:06:15", "text": "seen over the last 13 months has been"}, {"start": "00:06:13", "end": "00:06:16", "text": "has been phenomenal already. Uh but"}, {"start": "00:06:15", "end": "00:06:18", "text": "there's much more to go because it's"}, {"start": "00:06:16", "end": "00:06:20", "text": "both a demand and supply issue. There's"}, {"start": "00:06:18", "end": "00:06:22", "text": "an investment demand issue because"}, {"start": "00:06:20", "end": "00:06:23", "text": "policy doesn't have credibility."}, {"start": "00:06:22", "end": "00:06:25", "text": "Fighting inflation doesn't have"}, {"start": "00:06:23", "end": "00:06:26", "text": "credibility about its fiscal problems."}, {"start": "00:06:25", "end": "00:06:28", "text": "And therefore there's this idea of this"}, {"start": "00:06:26", "end": "00:06:30", "text": "debasement trade. But essentially it's a"}, {"start": "00:06:28", "end": "00:06:32", "text": "moving into real assets and away from"}, {"start": "00:06:30", "end": "00:06:33", "text": "the major fiat currencies. So that's the"}, {"start": "00:06:32", "end": "00:06:34", "text": "investment demand side. But there's real"}, {"start": "00:06:33", "end": "00:06:36", "text": "world demand side. There's the AI"}, {"start": "00:06:34", "end": "00:06:38", "text": "revolution which is driving demand for"}, {"start": "00:06:36", "end": "00:06:40", "text": "some commodities. Uh then there's also"}, {"start": "00:06:38", "end": "00:06:42", "text": "the climate change was also driving"}, {"start": "00:06:40", "end": "00:06:45", "text": "demand and then there's the the general"}, {"start": "00:06:42", "end": "00:06:47", "text": "global rearmament because US has"}, {"start": "00:06:45", "end": "00:06:49", "text": "undermined long-term alliances and so"}, {"start": "00:06:47", "end": "00:06:52", "text": "we're re rearming all around the world"}, {"start": "00:06:49", "end": "00:06:54", "text": "and all these things drive structural"}, {"start": "00:06:52", "end": "00:06:56", "text": "demand for commodities. On top of that"}, {"start": "00:06:54", "end": "00:06:58", "text": "we've got supply side issues because of"}, {"start": "00:06:56", "end": "00:07:00", "text": "the wars in the Middle East and and"}, {"start": "00:06:58", "end": "00:07:02", "text": "Russia Ukraine and they're some of the"}, {"start": "00:07:00", "end": "00:07:04", "text": "big providers of both fertilizers,"}, {"start": "00:07:02", "end": "00:07:05", "text": "refineries, energy. So it's a demand and"}, {"start": "00:07:04", "end": "00:07:07", "text": "supply story. it's going to go much"}, {"start": "00:07:05", "end": "00:07:08", "text": "further longer term and therefore we've"}, {"start": "00:07:07", "end": "00:07:10", "text": "got much more pain for bonds to come"}, {"start": "00:07:08", "end": "00:07:12", "text": "even despite what we've seen already."}, {"start": "00:07:10", "end": "00:07:14", "text": ">> All right. So to Cudbore's point, I mean"}, {"start": "00:07:12", "end": "00:07:15", "text": "I think you when you look at commodities"}, {"start": "00:07:14", "end": "00:07:17", "text": "kind of in the area that we talk about a"}, {"start": "00:07:15", "end": "00:07:19", "text": "lot, gold is most likely going to be one"}, {"start": "00:07:17", "end": "00:07:21", "text": "of the lineups here. Some of you may be"}, {"start": "00:07:19", "end": "00:07:22", "text": "out there uh invested in energy. We'll"}, {"start": "00:07:21", "end": "00:07:25", "text": "talk about oil in a second, but right"}, {"start": "00:07:22", "end": "00:07:27", "text": "now gold trading at 4418. The next move"}, {"start": "00:07:25", "end": "00:07:31", "text": "up is probably going to be somewhere in"}, {"start": "00:07:27", "end": "00:07:34", "text": "the 4470 range. If that is the case,"}, {"start": "00:07:31", "end": "00:07:36", "text": "then do we see gold do another spike"}, {"start": "00:07:34", "end": "00:07:38", "text": "into the 5k range? So, I think this is"}, {"start": "00:07:36", "end": "00:07:39", "text": "one to watch. Of course, silver will be"}, {"start": "00:07:38", "end": "00:07:41", "text": "in the in the play as well along with"}, {"start": "00:07:39", "end": "00:07:43", "text": "some other metals to kind of keep an eye"}, {"start": "00:07:41", "end": "00:07:45", "text": "on. And then, of course, you'll have uh"}, {"start": "00:07:43", "end": "00:07:47", "text": "energy playing into this as well. So,"}, {"start": "00:07:45", "end": "00:07:50", "text": "let me know if you guys are are actually"}, {"start": "00:07:47", "end": "00:07:51", "text": "making commodity moves right now with"}, {"start": "00:07:50", "end": "00:07:54", "text": "everything that is in the macro pressure"}, {"start": "00:07:51", "end": "00:07:57", "text": "window as it is today. Would commodities"}, {"start": "00:07:54", "end": "00:07:59", "text": "be your bet? If you look at another"}, {"start": "00:07:57", "end": "00:08:01", "text": "commodity, Bitcoin, crypto markets now"}, {"start": "00:07:59", "end": "00:08:03", "text": "seeing massive inflows. We saw the"}, {"start": "00:08:01", "end": "00:08:05", "text": "largest ETF IBIT move. So maybe"}, {"start": "00:08:03", "end": "00:08:09", "text": "institutional is also following up on"}, {"start": "00:08:05", "end": "00:08:12", "text": "this. And does Bitcoin get another light"}, {"start": "00:08:09", "end": "00:08:14", "text": "under it in terms of a move. So big news"}, {"start": "00:08:12", "end": "00:08:17", "text": "here so far in September post another"}, {"start": "00:08:14", "end": "00:08:20", "text": "459 million in inflows following a $3"}, {"start": "00:08:17", "end": "00:08:22", "text": "billion in August. So largest monthly"}, {"start": "00:08:20", "end": "00:08:24", "text": "inflow that was since October of last"}, {"start": "00:08:22", "end": "00:08:28", "text": "year. So, a lot happening around"}, {"start": "00:08:24", "end": "00:08:31", "text": "Bitcoin. One hour later, US oil is now"}, {"start": "00:08:28", "end": "00:08:34", "text": "pushing $96 a barrel. That's uh that's a"}, {"start": "00:08:31", "end": "00:08:37", "text": "44% increase since July 2nd. You guys"}, {"start": "00:08:34", "end": "00:08:40", "text": "will remember that Trump has been on his"}, {"start": "00:08:37", "end": "00:08:43", "text": "campaign trail out there saying that oil"}, {"start": "00:08:40", "end": "00:08:45", "text": "is going to be lower come midterms. And"}, {"start": "00:08:43", "end": "00:08:47", "text": "the reality is that this may not"}, {"start": "00:08:45", "end": "00:08:49", "text": "necessarily be the case with midterms"}, {"start": "00:08:47", "end": "00:08:51", "text": "just around the corner. And now you"}, {"start": "00:08:49", "end": "00:08:54", "text": "have, of course, JP M or excuse me,"}, {"start": "00:08:51", "end": "00:08:56", "text": "Goldman Sachs pushing toward oil targets"}, {"start": "00:08:54", "end": "00:09:00", "text": "at around $120 a barrel. If that were to"}, {"start": "00:08:56", "end": "00:09:03", "text": "occur, $120 a barrel. That is a"}, {"start": "00:09:00", "end": "00:09:05", "text": "demolition derby for the Republicans."}, {"start": "00:09:03", "end": "00:09:06", "text": "Here was Besson talking about where it"}, {"start": "00:09:05", "end": "00:09:08", "text": "should be. Take a look."}, {"start": "00:09:06", "end": "00:09:12", "text": ">> Look, we we are successfully executing"}, {"start": "00:09:08", "end": "00:09:15", "text": "the plan. We think that we can have very"}, {"start": "00:09:12", "end": "00:09:17", "text": "high non-inflationary growth and we're"}, {"start": "00:09:15", "end": "00:09:20", "text": "going to get on the other side of this"}, {"start": "00:09:17", "end": "00:09:22", "text": "Iran conflict and I expect that oil will"}, {"start": "00:09:20", "end": "00:09:25", "text": "come down. I I actually think we're"}, {"start": "00:09:22", "end": "00:09:27", "text": "going to be very much overs supplied in"}, {"start": "00:09:25", "end": "00:09:31", "text": "the oil market after this. You know, we"}, {"start": "00:09:27", "end": "00:09:34", "text": "could see 504 $40 crude maybe just"}, {"start": "00:09:31", "end": "00:09:36", "text": "because there's so much coming online."}, {"start": "00:09:34", "end": "00:09:38", "text": ">> All right. So, I don't know what or"}, {"start": "00:09:36", "end": "00:09:40", "text": "where he was talking about oil coming"}, {"start": "00:09:38", "end": "00:09:43", "text": "online. If you look back into July, this"}, {"start": "00:09:40", "end": "00:09:45", "text": "is just the month of July, August, and"}, {"start": "00:09:43", "end": "00:09:48", "text": "here we are early September, oil is up"}, {"start": "00:09:45", "end": "00:09:51", "text": "40%. And it has of course hit the"}, {"start": "00:09:48", "end": "00:09:54", "text": "breakout zone. And we're in a position"}, {"start": "00:09:51", "end": "00:09:58", "text": "now where if we continue to see pressure"}, {"start": "00:09:54", "end": "00:10:00", "text": "mounting, especially in the Middle East,"}, {"start": "00:09:58", "end": "00:10:03", "text": "is $100 really in the next window? And"}, {"start": "00:10:00", "end": "00:10:05", "text": "if it is, what does that do in terms of"}, {"start": "00:10:03", "end": "00:10:08", "text": "long-term effect, especially leaning"}, {"start": "00:10:05", "end": "00:10:10", "text": "into midterms? And at that point, I"}, {"start": "00:10:08", "end": "00:10:13", "text": "think we do see some issues that start"}, {"start": "00:10:10", "end": "00:10:15", "text": "to maybe impact the market even further."}, {"start": "00:10:13", "end": "00:10:17", "text": "All right. So, when you look at the"}, {"start": "00:10:15", "end": "00:10:20", "text": "issue, it really boils down to the"}, {"start": "00:10:17", "end": "00:10:22", "text": "straight of Hormuz. And there's a lot of"}, {"start": "00:10:20", "end": "00:10:23", "text": "weirdness in terms of information that's"}, {"start": "00:10:22", "end": "00:10:24", "text": "coming out because many people think"}, {"start": "00:10:23", "end": "00:10:26", "text": "that it's open, some people thinks it's"}, {"start": "00:10:24", "end": "00:10:29", "text": "closed. Well, here's the energy"}, {"start": "00:10:26", "end": "00:10:31", "text": "secretary talking about the safety of"}, {"start": "00:10:29", "end": "00:10:33", "text": "the straight. Take a look."}, {"start": "00:10:31", "end": "00:10:35", "text": ">> August was the deadliest month for"}, {"start": "00:10:33", "end": "00:10:39", "text": "merchants in the straight of Hormuse"}, {"start": "00:10:35", "end": "00:10:42", "text": "since March. Can you unequivocally say"}, {"start": "00:10:39", "end": "00:10:44", "text": "that ships that want to transit through"}, {"start": "00:10:42", "end": "00:10:47", "text": "the straight of Hormuse can do so"}, {"start": "00:10:44", "end": "00:10:47", "text": "safely?"}, {"start": "00:10:47", "end": "00:10:52", "text": ">> Uh we're working cooperatively with with"}, {"start": "00:10:49", "end": "00:10:53", "text": "fleets that do want to transit. Some"}, {"start": "00:10:52", "end": "00:10:54", "text": "ships aren't transiting and of course"}, {"start": "00:10:53", "end": "00:10:55", "text": "that's their choice,"}, {"start": "00:10:54", "end": "00:10:59", "text": ">> but you're not saying that it's"}, {"start": "00:10:55", "end": "00:10:59", "text": "currently safe."}, {"start": "00:10:59", "end": "00:11:02", "text": ">> We're getting a lot of ships through,"}, {"start": "00:11:00", "end": "00:11:05", "text": "but of course it requires the US"}, {"start": "00:11:02", "end": "00:11:08", "text": "military to do that. If a country or a"}, {"start": "00:11:05", "end": "00:11:10", "text": "company wants to send its tanker through"}, {"start": "00:11:08", "end": "00:11:13", "text": "the street of Hormuse, can they do so"}, {"start": "00:11:10", "end": "00:11:13", "text": "safely?"}, {"start": "00:11:13", "end": "00:11:17", "text": ">> Well, if they want to work with the"}, {"start": "00:11:15", "end": "00:11:19", "text": "United States Navy, I I think they can."}, {"start": "00:11:17", "end": "00:11:22", "text": ">> You said on this show five months ago"}, {"start": "00:11:19", "end": "00:11:24", "text": "that high gas prices had peaked. Isn't"}, {"start": "00:11:22", "end": "00:11:27", "text": "it possible gas prices could go up even"}, {"start": "00:11:24", "end": "00:11:27", "text": "more?"}, {"start": "00:11:27", "end": "00:11:32", "text": ">> Well, if you look at I look, I don't"}, {"start": "00:11:29", "end": "00:11:34", "text": "want to have an opinion on that."}, {"start": "00:11:32", "end": "00:11:36", "text": "How can you be the energy secretary and"}, {"start": "00:11:34", "end": "00:11:38", "text": "not have an opinion on gas and fuel"}, {"start": "00:11:36", "end": "00:11:41", "text": "prices? This is the problem right now,"}, {"start": "00:11:38", "end": "00:11:43", "text": "guys. Uh we are setting up for the $100"}, {"start": "00:11:41", "end": "00:11:46", "text": "a barrel just after the latest Middle"}, {"start": "00:11:43", "end": "00:11:48", "text": "East attacks. This is going pretty much"}, {"start": "00:11:46", "end": "00:11:50", "text": "uh hit for hit and now it's getting into"}, {"start": "00:11:48", "end": "00:11:53", "text": "actual oil production facilities as well"}, {"start": "00:11:50", "end": "00:11:55", "text": "as tankers. All of this plays into I"}, {"start": "00:11:53", "end": "00:11:58", "text": "think where the market is simply saying"}, {"start": "00:11:55", "end": "00:12:00", "text": "that's enough. This is impacting energy"}, {"start": "00:11:58", "end": "00:12:03", "text": "worldwide. It is going to start to make"}, {"start": "00:12:00", "end": "00:12:05", "text": "I think a bigger moment especially on"}, {"start": "00:12:03", "end": "00:12:07", "text": "the political front for both the"}, {"start": "00:12:05", "end": "00:12:09", "text": "Republicans and also Trump himself. All"}, {"start": "00:12:07", "end": "00:12:11", "text": "right. So one other point here on the"}, {"start": "00:12:09", "end": "00:12:13", "text": "Hill article is where they're talking"}, {"start": "00:12:11", "end": "00:12:16", "text": "about the investments that are happening"}, {"start": "00:12:13", "end": "00:12:18", "text": "within the market around energy. They're"}, {"start": "00:12:16", "end": "00:12:19", "text": "voting with the dollar and this vote"}, {"start": "00:12:18", "end": "00:12:22", "text": "strongly indicates that unless the"}, {"start": "00:12:19", "end": "00:12:24", "text": "straight reopens and oil starts flowing"}, {"start": "00:12:22", "end": "00:12:25", "text": "again uninterruptedly,"}, {"start": "00:12:24", "end": "00:12:28", "text": "supply will not be aligned with demand"}, {"start": "00:12:25", "end": "00:12:31", "text": "in the foreseeable future. So this is a"}, {"start": "00:12:28", "end": "00:12:32", "text": "huge issue for the Republicans, a big"}, {"start": "00:12:31", "end": "00:12:34", "text": "issue, I think also for the Trump"}, {"start": "00:12:32", "end": "00:12:36", "text": "administration to continue to put a lot"}, {"start": "00:12:34", "end": "00:12:39", "text": "of pressure on the American people when"}, {"start": "00:12:36", "end": "00:12:41", "text": "it comes to oil prices and of course"}, {"start": "00:12:39", "end": "00:12:44", "text": "gas. Now all of this is starting to boil"}, {"start": "00:12:41", "end": "00:12:47", "text": "into maybe a different strategy that is"}, {"start": "00:12:44", "end": "00:12:50", "text": "being undertaken to possibly find a way"}, {"start": "00:12:47", "end": "00:12:52", "text": "to lower gas prices. Watch this clip."}, {"start": "00:12:50", "end": "00:12:54", "text": "The Trump administration has changed"}, {"start": "00:12:52", "end": "00:12:56", "text": "blending requirements for American"}, {"start": "00:12:54", "end": "00:12:59", "text": "refiners, which allows them to produce"}, {"start": "00:12:56", "end": "00:13:01", "text": "more gasoline just as demand for"}, {"start": "00:12:59", "end": "00:13:04", "text": "gasoline is about to start heading down."}, {"start": "00:13:01", "end": "00:13:06", "text": "New York, Connecticut, California, and"}, {"start": "00:13:04", "end": "00:13:08", "text": "several other Democrat governed states"}, {"start": "00:13:06", "end": "00:13:11", "text": "have decided not to adopt those"}, {"start": "00:13:08", "end": "00:13:13", "text": "standards. They apparently want to keep"}, {"start": "00:13:11", "end": "00:13:15", "text": "driving up prices on their on their"}, {"start": "00:13:13", "end": "00:13:17", "text": "residents."}, {"start": "00:13:15", "end": "00:13:20", "text": ">> All right. So what he's talking about"}, {"start": "00:13:17", "end": "00:13:22", "text": "there is actually a blending uh process"}, {"start": "00:13:20", "end": "00:13:24", "text": "that's being done in fuel and and"}, {"start": "00:13:22", "end": "00:13:28", "text": "especially around gas. Essentially this"}, {"start": "00:13:24", "end": "00:13:30", "text": "means dilution. So the idea is dilute"}, {"start": "00:13:28", "end": "00:13:32", "text": "dilute the fuel so that you can actually"}, {"start": "00:13:30", "end": "00:13:34", "text": "lower the price. This is the kind of"}, {"start": "00:13:32", "end": "00:13:35", "text": "issues that we're dealing with right"}, {"start": "00:13:34", "end": "00:13:37", "text": "now. Some states of course already in"}, {"start": "00:13:35", "end": "00:13:39", "text": "this. Look at the kind of raises that we"}, {"start": "00:13:37", "end": "00:13:42", "text": "have seen in 2026."}, {"start": "00:13:39", "end": "00:13:44", "text": "uh which is significant when you look"}, {"start": "00:13:42", "end": "00:13:47", "text": "about the issue right now of just fuel"}, {"start": "00:13:44", "end": "00:13:50", "text": "cost in general. So I want to kind of go"}, {"start": "00:13:47", "end": "00:13:52", "text": "from this to clarity. I I know this"}, {"start": "00:13:50", "end": "00:13:54", "text": "doesn't bridge well guys but when you"}, {"start": "00:13:52", "end": "00:13:55", "text": "see this ad maybe you'll understand."}, {"start": "00:13:54", "end": "00:13:57", "text": "Take a look."}, {"start": "00:13:55", "end": "00:14:00", "text": ">> Consumer [music] prices are up"}, {"start": "00:13:57", "end": "00:14:02", "text": "groceries, gas, but for the big banks"}, {"start": "00:14:00", "end": "00:14:04", "text": "it's a feeding frenzy. They're raking in"}, {"start": "00:14:02", "end": "00:14:07", "text": "record profits almost $300 [music]"}, {"start": "00:14:04", "end": "00:14:09", "text": "billion last year alone. How? by"}, {"start": "00:14:07", "end": "00:14:12", "text": "squeezing consumers and small"}, {"start": "00:14:09", "end": "00:14:14", "text": "businesses. But now they want even more."}, {"start": "00:14:12", "end": "00:14:17", "text": "They've unleashed [music] DC's corporate"}, {"start": "00:14:14", "end": "00:14:19", "text": "lobbyists to prevent competition and"}, {"start": "00:14:17", "end": "00:14:21", "text": "protect their profits by killing [music]"}, {"start": "00:14:19", "end": "00:14:25", "text": "the Bipartisan Clarity Act. Tell"}, {"start": "00:14:21", "end": "00:14:28", "text": "Congress pass the Clarity Act now."}, {"start": "00:14:25", "end": "00:14:29", "text": "All right. So again, as you can see that"}, {"start": "00:14:28", "end": "00:14:31", "text": "uh first of all, I don't understand what"}, {"start": "00:14:29", "end": "00:14:34", "text": "that has to do with grocery and gas"}, {"start": "00:14:31", "end": "00:14:37", "text": "prices as it correlates to clarity. It's"}, {"start": "00:14:34", "end": "00:14:38", "text": "it is a big bank issue. Um, I don't know"}, {"start": "00:14:37", "end": "00:14:39", "text": "where these things are coming from in"}, {"start": "00:14:38", "end": "00:14:41", "text": "terms of marketing. There's been some"}, {"start": "00:14:39", "end": "00:14:44", "text": "bad marketing when it comes to trying to"}, {"start": "00:14:41", "end": "00:14:46", "text": "get clarity passed, but you have to look"}, {"start": "00:14:44", "end": "00:14:48", "text": "at where the current market is right"}, {"start": "00:14:46", "end": "00:14:50", "text": "now. And that of course is being led or"}, {"start": "00:14:48", "end": "00:14:52", "text": "has been led by Cynthia Lumus out there."}, {"start": "00:14:50", "end": "00:14:54", "text": "And her statement is if this bill fails,"}, {"start": "00:14:52", "end": "00:14:55", "text": "it won't be because of ethics. It's"}, {"start": "00:14:54", "end": "00:14:57", "text": "going to be because the Democrats didn't"}, {"start": "00:14:55", "end": "00:14:59", "text": "join Republicans in Republicans in"}, {"start": "00:14:57", "end": "00:15:01", "text": "embracing a bipartisan bill that"}, {"start": "00:14:59", "end": "00:15:03", "text": "protected consumers, cements Americans"}, {"start": "00:15:01", "end": "00:15:05", "text": "leadership and digital assets and so"}, {"start": "00:15:03", "end": "00:15:07", "text": "forth. This is the challenge right now."}, {"start": "00:15:05", "end": "00:15:09", "text": "I think a lot of people are kind of fed"}, {"start": "00:15:07", "end": "00:15:12", "text": "up with the fact that these Republicans"}, {"start": "00:15:09", "end": "00:15:14", "text": "have in fact failed if this does not"}, {"start": "00:15:12", "end": "00:15:16", "text": "even get a closure vote. And I'm not"}, {"start": "00:15:14", "end": "00:15:17", "text": "sure that it's going to. And you can"}, {"start": "00:15:16", "end": "00:15:19", "text": "kind of see people are getting a little"}, {"start": "00:15:17", "end": "00:15:21", "text": "upset. Uh it didn't get to pump my"}, {"start": "00:15:19", "end": "00:15:23", "text": "Bitcoin bag. It was with Republicans."}, {"start": "00:15:21", "end": "00:15:25", "text": "Had the White House and both houses of"}, {"start": "00:15:23", "end": "00:15:26", "text": "Congress because Democrats, you know,"}, {"start": "00:15:25", "end": "00:15:29", "text": "basically let's blame everybody but"}, {"start": "00:15:26", "end": "00:15:31", "text": "ourselves that are out there in control"}, {"start": "00:15:29", "end": "00:15:33", "text": "right now. And that has been kind of the"}, {"start": "00:15:31", "end": "00:15:35", "text": "issue right now. Unfortunately, the"}, {"start": "00:15:33", "end": "00:15:37", "text": "Republicans may take one on the chin if"}, {"start": "00:15:35", "end": "00:15:40", "text": "this does not go through. How does this"}, {"start": "00:15:37", "end": "00:15:42", "text": "play into what the Dem strategy will be"}, {"start": "00:15:40", "end": "00:15:44", "text": "for the fall? Still yet and up in the"}, {"start": "00:15:42", "end": "00:15:46", "text": "air to see. All right, so I want to go"}, {"start": "00:15:44", "end": "00:15:48", "text": "to a clip here because this is this is"}, {"start": "00:15:46", "end": "00:15:50", "text": "kind of throwing salt in the wound in"}, {"start": "00:15:48", "end": "00:15:52", "text": "the sense of Republicans almost"}, {"start": "00:15:50", "end": "00:15:54", "text": "admitting that they've given up on this"}, {"start": "00:15:52", "end": "00:15:56", "text": "and there's no immediiacy on trying to"}, {"start": "00:15:54", "end": "00:15:57", "text": "get this done. Take a look at this one."}, {"start": "00:15:56", "end": "00:15:59", "text": ">> Well, we're only going to be we're only"}, {"start": "00:15:57", "end": "00:16:01", "text": "scheduled to be there three more weeks."}, {"start": "00:15:59", "end": "00:16:03", "text": "Uh and we don't work all week. Should we"}, {"start": "00:16:01", "end": "00:16:05", "text": "get this stuff done? Should we stay?"}, {"start": "00:16:03", "end": "00:16:08", "text": "Absolutely. Are we going to? I'd be"}, {"start": "00:16:05", "end": "00:16:10", "text": "surprised. Uh but if we if we want to"}, {"start": "00:16:08", "end": "00:16:12", "text": "win in November, we're gonna have to"}, {"start": "00:16:10", "end": "00:16:13", "text": "start acting like we care about the cost"}, {"start": "00:16:12", "end": "00:16:15", "text": "of living in this country."}, {"start": "00:16:13", "end": "00:16:17", "text": ">> All right. So, okay. Wait a minute."}, {"start": "00:16:15", "end": "00:16:20", "text": "Acting like we care about the cost of"}, {"start": "00:16:17", "end": "00:16:22", "text": "living or just doing something about the"}, {"start": "00:16:20", "end": "00:16:24", "text": "cost of living. The fact that you don't"}, {"start": "00:16:22", "end": "00:16:26", "text": "work all week might be the first"}, {"start": "00:16:24", "end": "00:16:30", "text": "indicator that you should work a little"}, {"start": "00:16:26", "end": "00:16:32", "text": "bit more to try to actually do something"}, {"start": "00:16:30", "end": "00:16:34", "text": "about the cost of living. And that's the"}, {"start": "00:16:32", "end": "00:16:35", "text": "problem that we're in right now, guys."}, {"start": "00:16:34", "end": "00:16:37", "text": "But does this affect the market? Well,"}, {"start": "00:16:35", "end": "00:16:39", "text": "the market, you got to look at a couple"}, {"start": "00:16:37", "end": "00:16:41", "text": "of things. Fear and greed right now"}, {"start": "00:16:39", "end": "00:16:44", "text": "hovering back down to 72. We have had"}, {"start": "00:16:41", "end": "00:16:46", "text": "these kind of pumps in the market before"}, {"start": "00:16:44", "end": "00:16:49", "text": "and just be cautious out there cuz back"}, {"start": "00:16:46", "end": "00:16:52", "text": "there in November of 24 we had that big"}, {"start": "00:16:49", "end": "00:16:54", "text": "market push and in a very short period"}, {"start": "00:16:52", "end": "00:16:56", "text": "of time you can see where that market"}, {"start": "00:16:54", "end": "00:16:58", "text": "came in just less than 3 months. I think"}, {"start": "00:16:56", "end": "00:17:00", "text": "it was February where we had dipped down"}, {"start": "00:16:58", "end": "00:17:02", "text": "all the way to 20 in the market. So"}, {"start": "00:17:00", "end": "00:17:04", "text": "these are the kind of things. I'm not"}, {"start": "00:17:02", "end": "00:17:06", "text": "saying that that's where we are heading."}, {"start": "00:17:04", "end": "00:17:09", "text": "I still feel that the be the worst is"}, {"start": "00:17:06", "end": "00:17:11", "text": "behind us, but with this macro pressure"}, {"start": "00:17:09", "end": "00:17:12", "text": "continuing to drive into the market,"}, {"start": "00:17:11", "end": "00:17:16", "text": "there's going to be some unusual"}, {"start": "00:17:12", "end": "00:17:18", "text": "situations occurring. Uh now, everybody"}, {"start": "00:17:16", "end": "00:17:19", "text": "probably saw our video yesterday. We did"}, {"start": "00:17:18", "end": "00:17:21", "text": "the laptop video, and that's because"}, {"start": "00:17:19", "end": "00:17:23", "text": "you, in most cases, you guys are out"}, {"start": "00:17:21", "end": "00:17:24", "text": "there kind of uh in that position. Eric"}, {"start": "00:17:23", "end": "00:17:26", "text": "Trump, of course, tweeted about this,"}, {"start": "00:17:24", "end": "00:17:30", "text": "Hunter should go back to painting. But"}, {"start": "00:17:26", "end": "00:17:34", "text": "in reality, this hit 395"}, {"start": "00:17:30", "end": "00:17:35", "text": "billion in terms of uh where this market"}, {"start": "00:17:34", "end": "00:17:38", "text": "cap was going. And of course, a lot of"}, {"start": "00:17:35", "end": "00:17:39", "text": "people are pointing at this that"}, {"start": "00:17:38", "end": "00:17:41", "text": "everybody got wrecked on this. I'm sure"}, {"start": "00:17:39", "end": "00:17:43", "text": "there's going to be some that did, but"}, {"start": "00:17:41", "end": "00:17:45", "text": "in reality, there were also a lot of"}, {"start": "00:17:43", "end": "00:17:48", "text": "players that made it in. But the point"}, {"start": "00:17:45", "end": "00:17:50", "text": "is is that now we're seeing maybe a"}, {"start": "00:17:48", "end": "00:17:52", "text": "consistency on this one. I'm not, again,"}, {"start": "00:17:50", "end": "00:17:54", "text": "this is a meme token. As you guys know,"}, {"start": "00:17:52", "end": "00:17:56", "text": "my stance on meme tokens. I don't invest"}, {"start": "00:17:54", "end": "00:17:58", "text": "in them, but it's interesting to me"}, {"start": "00:17:56", "end": "00:17:59", "text": "because it's culture inside the crypto"}, {"start": "00:17:58", "end": "00:18:02", "text": "community that it's very unique. All"}, {"start": "00:17:59", "end": "00:18:04", "text": "right, so here is a tweet of how the I"}, {"start": "00:18:02", "end": "00:18:06", "text": "think the industry and maybe the media"}, {"start": "00:18:04", "end": "00:18:08", "text": "has taken it. Uh Hunter Biden's laptop"}, {"start": "00:18:06", "end": "00:18:11", "text": "memecoin plunged 97. Remember almost all"}, {"start": "00:18:08", "end": "00:18:13", "text": "memecoins plunge like this. This"}, {"start": "00:18:11", "end": "00:18:15", "text": "happened in the first hour uh falling"}, {"start": "00:18:13", "end": "00:18:18", "text": "from nearly 200 uh 200 bucks down to"}, {"start": "00:18:15", "end": "00:18:19", "text": "436. It's trading I think around 180"}, {"start": "00:18:18", "end": "00:18:22", "text": "right now."}, {"start": "00:18:19", "end": "00:18:24", "text": "Unis swap liquidity became the act"}, {"start": "00:18:22", "end": "00:18:26", "text": "active only after the token had already"}, {"start": "00:18:24", "end": "00:18:28", "text": "fallen more than 90%. So it was"}, {"start": "00:18:26", "end": "00:18:32", "text": "interesting to the point in in a sense"}, {"start": "00:18:28", "end": "00:18:34", "text": "where remember what the goal was was to"}, {"start": "00:18:32", "end": "00:18:37", "text": "airdrop Trump token holders that were"}, {"start": "00:18:34", "end": "00:18:39", "text": "underwater go out and support the"}, {"start": "00:18:37", "end": "00:18:41", "text": "community on Substack which there were"}, {"start": "00:18:39", "end": "00:18:43", "text": "apparently was a certain amount that had"}, {"start": "00:18:41", "end": "00:18:45", "text": "went actually to Substack members. One"}, {"start": "00:18:43", "end": "00:18:47", "text": "other point that I want to point out"}, {"start": "00:18:45", "end": "00:18:49", "text": "here is you'll notice this statement"}, {"start": "00:18:47", "end": "00:18:53", "text": "right here. It's fully diluted values is"}, {"start": "00:18:49", "end": "00:18:55", "text": "around 5 billion only 5 billion. So uh"}, {"start": "00:18:53", "end": "00:18:58", "text": "this is the thing guys when you look at"}, {"start": "00:18:55", "end": "00:19:00", "text": "the launch of meme tokens it is almost"}, {"start": "00:18:58", "end": "00:19:03", "text": "impossible to get over 100 million for"}, {"start": "00:19:00", "end": "00:19:05", "text": "this to do that that in itself was a"}, {"start": "00:19:03", "end": "00:19:08", "text": "huge success. The other thing that we"}, {"start": "00:19:05", "end": "00:19:10", "text": "pointed out yesterday was that base"}, {"start": "00:19:08", "end": "00:19:12", "text": "would end up not being able to do this"}, {"start": "00:19:10", "end": "00:19:13", "text": "appropriately and it ended up being true"}, {"start": "00:19:12", "end": "00:19:16", "text": "because unis swap ended up being the"}, {"start": "00:19:13", "end": "00:19:18", "text": "liquidity plan for it. So, I think this"}, {"start": "00:19:16", "end": "00:19:19", "text": "is a scenario that will continue to play"}, {"start": "00:19:18", "end": "00:19:22", "text": "out in crypto. There's going to be"}, {"start": "00:19:19", "end": "00:19:24", "text": "opportunities out there to be able to"}, {"start": "00:19:22", "end": "00:19:26", "text": "really connect with the crypto"}, {"start": "00:19:24", "end": "00:19:28", "text": "community, whether it's the DJ community"}, {"start": "00:19:26", "end": "00:19:30", "text": "or not. The point is is there's going to"}, {"start": "00:19:28", "end": "00:19:32", "text": "be a lot of opportunities for this for"}, {"start": "00:19:30", "end": "00:19:34", "text": "companies like Coinbase and others to be"}, {"start": "00:19:32", "end": "00:19:37", "text": "able to achieve. So, understand,"}, {"start": "00:19:34", "end": "00:19:40", "text": "remember Poly Market, they actually had"}, {"start": "00:19:37", "end": "00:19:42", "text": "to go in and create additional markets"}, {"start": "00:19:40", "end": "00:19:45", "text": "for this once it had hit 1 billion. So"}, {"start": "00:19:42", "end": "00:19:47", "text": "now we've got the 1.5, the two, the"}, {"start": "00:19:45", "end": "00:19:50", "text": "three, four. We showed this yesterday on"}, {"start": "00:19:47", "end": "00:19:52", "text": "screen and these weren't even in uh the"}, {"start": "00:19:50", "end": "00:19:54", "text": "poly market at that time. So just in"}, {"start": "00:19:52", "end": "00:19:58", "text": "very interesting times uh in terms of"}, {"start": "00:19:54", "end": "00:19:59", "text": "where the market is, timing on clarity,"}, {"start": "00:19:58", "end": "00:20:02", "text": "whether it's going to make it through or"}, {"start": "00:19:59", "end": "00:20:06", "text": "not, likely not. And now you've got"}, {"start": "00:20:02", "end": "00:20:09", "text": "Republicans in a very big hot seat going"}, {"start": "00:20:06", "end": "00:20:10", "text": "into a midterm, which all plays into"}, {"start": "00:20:09", "end": "00:20:11", "text": "where the markets are going to go. but"}, {"start": "00:20:10", "end": "00:20:14", "text": "we're going to be covering it very"}, {"start": "00:20:11", "end": "00:20:16", "text": "closely."}, {"start": "00:20:14", "end": "00:20:16", "text": "[music]"}, {"start": "00:20:18", "end": "00:20:22", "text": "If you like this video, hit like and"}, {"start": "00:20:20", "end": "00:20:24", "text": "subscribe, drop a comment [music] down"}, {"start": "00:20:22", "end": "00:20:26", "text": "below, and also join our free private"}, {"start": "00:20:24", "end": "00:20:29", "text": "member group. The link is in the"}, {"start": "00:20:26", "end": "00:20:29", "text": "description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Liquidity is starting to pour into the"}, {"start": "00:00:02", "end": "00:00:05", "text": "market today. We'll break it down with"}, {"start": "00:00:03", "end": "00:00:07", "text": "you. We've got a special trader on, so"}, {"start": "00:00:05", "end": "00:00:09", "text": "we'll get into all of that. You've"}, {"start": "00:00:07", "end": "00:00:10", "text": "probably heard me mention Uphold before,"}, {"start": "00:00:09", "end": "00:00:12", "text": "and there's a reason I keep talking"}, {"start": "00:00:10", "end": "00:00:14", "text": "about them. Uphold makes it incredibly"}, {"start": "00:00:12", "end": "00:00:17", "text": "easy to bridge the gap between your"}, {"start": "00:00:14", "end": "00:00:19", "text": "portfolio and the real world. This has"}, {"start": "00:00:17", "end": "00:00:21", "text": "not been done before. Their Uphold debit"}, {"start": "00:00:19", "end": "00:00:23", "text": "card is the best example of that. It"}, {"start": "00:00:21", "end": "00:00:26", "text": "lets you spend your crypto or your cash"}, {"start": "00:00:23", "end": "00:00:29", "text": "anywhere Visa is accepted, all while"}, {"start": "00:00:26", "end": "00:00:32", "text": "earning 4% back in XRP on every"}, {"start": "00:00:29", "end": "00:00:34", "text": "purchase. It's the easiest way to stack"}, {"start": "00:00:32", "end": "00:00:37", "text": "rewards on your daily spending. Download"}, {"start": "00:00:34", "end": "00:00:39", "text": "the Uphold app for more and get started."}, {"start": "00:00:37", "end": "00:00:41", "text": "Let's kind of start off first with a"}, {"start": "00:00:39", "end": "00:00:43", "text": "clip because this gets into the"}, {"start": "00:00:41", "end": "00:00:46", "text": "potential of where this could be going"}, {"start": "00:00:43", "end": "00:00:47", "text": "with especially on the S&P over the next"}, {"start": "00:00:46", "end": "00:00:49", "text": "18 months. Take a look."}, {"start": "00:00:47", "end": "00:00:51", "text": ">> We're going to 10,000 or beyond by the"}, {"start": "00:00:49", "end": "00:00:54", "text": "end of the decade. The roaring 20s in"}, {"start": "00:00:51", "end": "00:00:56", "text": "full effect. Why? Because earnings are"}, {"start": "00:00:54", "end": "00:00:58", "text": "amazing. Evercore this morning,"}, {"start": "00:00:56", "end": "00:01:00", "text": "long-term stock market trend continues"}, {"start": "00:00:58", "end": "00:01:05", "text": "to be higher. We have the potential for"}, {"start": "00:01:00", "end": "00:01:07", "text": "a FOMO driven overshoot. S&P 9000 is"}, {"start": "00:01:05", "end": "00:01:08", "text": "attainable in the next 12 months."}, {"start": "00:01:07", "end": "00:01:11", "text": ">> I think you can get to 10,000 in the"}, {"start": "00:01:08", "end": "00:01:12", "text": "next 18 months. I think really what's"}, {"start": "00:01:11", "end": "00:01:13", "text": "happening as you move towards the end of"}, {"start": "00:01:12", "end": "00:01:15", "text": "August is the market's becoming more"}, {"start": "00:01:13", "end": "00:01:18", "text": "tactical. Okay? The market is"}, {"start": "00:01:15", "end": "00:01:20", "text": "identifying opportunities. That is not a"}, {"start": "00:01:18", "end": "00:01:23", "text": "reason to sell. That's actually"}, {"start": "00:01:20", "end": "00:01:26", "text": "indicative of a market that is waiting"}, {"start": "00:01:23", "end": "00:01:27", "text": "to reacelerate as we move into the fall"}, {"start": "00:01:26", "end": "00:01:28", "text": "and broaden out once again."}, {"start": "00:01:27", "end": "00:01:30", "text": ">> Okay."}, {"start": "00:01:28", "end": "00:01:33", "text": ">> All right. So, listen guys, you know me,"}, {"start": "00:01:30", "end": "00:01:35", "text": "I'm a perma bull. I believe uh I look at"}, {"start": "00:01:33", "end": "00:01:37", "text": "this though in a reality and I just say,"}, {"start": "00:01:35", "end": "00:01:40", "text": "okay, there's yes, the earning seasons"}, {"start": "00:01:37", "end": "00:01:42", "text": "have continued to perform. At some point"}, {"start": "00:01:40", "end": "00:01:43", "text": "though, I think we are going to run into"}, {"start": "00:01:42", "end": "00:01:45", "text": "a challenge, I think, with what's going"}, {"start": "00:01:43", "end": "00:01:47", "text": "on in the AI stock. So, I thought, hey,"}, {"start": "00:01:45", "end": "00:01:49", "text": "let's bring one of our traders in. How"}, {"start": "00:01:47", "end": "00:01:52", "text": "are you, Evan? doing well. Great to be"}, {"start": "00:01:49", "end": "00:01:54", "text": "on, Paul. Um, man, that that's that's a"}, {"start": "00:01:52", "end": "00:01:55", "text": "lot of opium with the S&P 500 right"}, {"start": "00:01:54", "end": "00:01:56", "text": "there."}, {"start": "00:01:55", "end": "00:01:58", "text": ">> What do you think about that? That's a"}, {"start": "00:01:56", "end": "00:02:00", "text": "that's quite a target, right? So,"}, {"start": "00:01:58", "end": "00:02:03", "text": ">> and it's coming from CNBC."}, {"start": "00:02:00", "end": "00:02:04", "text": ">> Yeah. My my main view and that's that's"}, {"start": "00:02:03", "end": "00:02:06", "text": "interesting that, you know, I mean, my"}, {"start": "00:02:04", "end": "00:02:08", "text": "main view has always been that towards"}, {"start": "00:02:06", "end": "00:02:10", "text": "the end of this decade, we top somewhere"}, {"start": "00:02:08", "end": "00:02:12", "text": "between 8 to 10K. So, it kind of aligns"}, {"start": "00:02:10", "end": "00:02:14", "text": "with that, but 10K that quickly is kind"}, {"start": "00:02:12", "end": "00:02:16", "text": "of, you know, that's a little over."}, {"start": "00:02:14", "end": "00:02:19", "text": "Yeah, that's a little bit that's like an"}, {"start": "00:02:16", "end": "00:02:21", "text": "third what 30% gain, you know, or 25%"}, {"start": "00:02:19", "end": "00:02:21", "text": "gain in that amount of time though. That"}, {"start": "00:02:21", "end": "00:02:23", "text": "doesn't Yeah."}, {"start": "00:02:21", "end": "00:02:25", "text": ">> Yeah, that might be the best performing"}, {"start": "00:02:23", "end": "00:02:27", "text": "uh period ever, I think. Now, granted,"}, {"start": "00:02:25", "end": "00:02:28", "text": "there's a lot happening in the markets,"}, {"start": "00:02:27", "end": "00:02:30", "text": "by the way. I didn't want to cut you"}, {"start": "00:02:28", "end": "00:02:31", "text": "short, but I do want to make sure"}, {"start": "00:02:30", "end": "00:02:34", "text": "everybody knows where to follow you, and"}, {"start": "00:02:31", "end": "00:02:35", "text": "that is over on Evan Aldo on YouTube."}, {"start": "00:02:34", "end": "00:02:38", "text": "You guys can catch Evan out there"}, {"start": "00:02:35", "end": "00:02:40", "text": ">> doing everything on trading. He also"}, {"start": "00:02:38", "end": "00:02:42", "text": "does a great um live stream which"}, {"start": "00:02:40", "end": "00:02:43", "text": "teaches you how to use some of these"}, {"start": "00:02:42", "end": "00:02:46", "text": "market tools. So, check it out over"}, {"start": "00:02:43", "end": "00:02:48", "text": "there. Um, one thing though, Evan, I"}, {"start": "00:02:46", "end": "00:02:50", "text": "want to lead off with, you know, beyond"}, {"start": "00:02:48", "end": "00:02:53", "text": "that, you look at the US economy,"}, {"start": "00:02:50", "end": "00:02:55", "text": "162,000 jobs in August. This, of course,"}, {"start": "00:02:53", "end": "00:02:58", "text": "expectations were at 55K. This was"}, {"start": "00:02:55", "end": "00:03:02", "text": "crazy. Uh, way overperformance. Were you"}, {"start": "00:02:58", "end": "00:03:05", "text": "expecting jobs to come in this hot?"}, {"start": "00:03:02", "end": "00:03:06", "text": ">> No. No. It was high. Unemployment is"}, {"start": "00:03:05", "end": "00:03:10", "text": "going down. I mean, we'll see if that"}, {"start": "00:03:06", "end": "00:03:11", "text": "can last, but you know, no, unexpected."}, {"start": "00:03:10", "end": "00:03:13", "text": "But the thing is, Bitcoin's still kind"}, {"start": "00:03:11", "end": "00:03:15", "text": "of going down. So the market's kind of"}, {"start": "00:03:13", "end": "00:03:16", "text": "already factored that in. So that that"}, {"start": "00:03:15", "end": "00:03:18", "text": "it's kind of, you know, it doesn't make"}, {"start": "00:03:16", "end": "00:03:20", "text": "me change my mind about potentially"}, {"start": "00:03:18", "end": "00:03:21", "text": "seeing a correction between now and"}, {"start": "00:03:20", "end": "00:03:23", "text": "midterms, which makes sense for"}, {"start": "00:03:21", "end": "00:03:26", "text": "seasonality. You kind of want a healthy"}, {"start": "00:03:23", "end": "00:03:27", "text": "correction. September and October are"}, {"start": "00:03:26", "end": "00:03:30", "text": "going to be more of your bearish months"}, {"start": "00:03:27", "end": "00:03:33", "text": "typically um right now. And in addition"}, {"start": "00:03:30", "end": "00:03:36", "text": "to that, if we look at the uh the chart"}, {"start": "00:03:33", "end": "00:03:38", "text": "here on Bitcoin versus the S&P 500, you"}, {"start": "00:03:36", "end": "00:03:40", "text": "know, obviously last time 74% correction"}, {"start": "00:03:38", "end": "00:03:42", "text": "downward. This time 61%, you know,"}, {"start": "00:03:40", "end": "00:03:43", "text": "correction downward. in this bare"}, {"start": "00:03:42", "end": "00:03:44", "text": "market. I mean, the old one was 83. So,"}, {"start": "00:03:43", "end": "00:03:47", "text": "you notice the pattern here. It gets"}, {"start": "00:03:44", "end": "00:03:48", "text": "less catastrophic every time. I do think"}, {"start": "00:03:47", "end": "00:03:51", "text": "when you look at some of these time"}, {"start": "00:03:48", "end": "00:03:53", "text": "frames here, your your momentum wave is"}, {"start": "00:03:51", "end": "00:03:54", "text": "starting to clip down and it would align"}, {"start": "00:03:53", "end": "00:03:56", "text": "with potentially a very healthy"}, {"start": "00:03:54", "end": "00:03:59", "text": "correction. And this is Bitcoin against"}, {"start": "00:03:56", "end": "00:04:02", "text": "the S&P 500, maybe a 10% drop down"}, {"start": "00:03:59", "end": "00:04:03", "text": "between now and midterms. And also, if"}, {"start": "00:04:02", "end": "00:04:05", "text": "you look at Bitcoin itself, it would"}, {"start": "00:04:03", "end": "00:04:07", "text": "align for a very healthy correction"}, {"start": "00:04:05", "end": "00:04:10", "text": "around, you know, 15% down. I'm looking"}, {"start": "00:04:07", "end": "00:04:11", "text": "at between now and midterms potentially."}, {"start": "00:04:10", "end": "00:04:13", "text": "um you are losing a little bit of steam."}, {"start": "00:04:11", "end": "00:04:14", "text": "I think it's a little bit early to say"}, {"start": "00:04:13", "end": "00:04:16", "text": "if this rally is completely over. You"}, {"start": "00:04:14", "end": "00:04:17", "text": "could see some more, you know, wicks"}, {"start": "00:04:16", "end": "00:04:19", "text": "upward, but I think a lot of it is over."}, {"start": "00:04:17", "end": "00:04:21", "text": "And when you do get this next VWOP"}, {"start": "00:04:19", "end": "00:04:23", "text": "coming down, momentum shift on the"}, {"start": "00:04:21", "end": "00:04:25", "text": "daily, that's a bullish diver bearish"}, {"start": "00:04:23", "end": "00:04:27", "text": "divergence potentially forming. That"}, {"start": "00:04:25", "end": "00:04:29", "text": "could be a correction down about 15%"}, {"start": "00:04:27", "end": "00:04:31", "text": "down to some of these areas, maybe even"}, {"start": "00:04:29", "end": "00:04:33", "text": "down to 65 between now and midterms. But"}, {"start": "00:04:31", "end": "00:04:35", "text": "that's a healthy correction. So,"}, {"start": "00:04:33", "end": "00:04:37", "text": ">> okay, so that's with a correction. We"}, {"start": "00:04:35", "end": "00:04:40", "text": "had Tom Lee on earlier this week talking"}, {"start": "00:04:37", "end": "00:04:42", "text": "about September could be a bullish"}, {"start": "00:04:40", "end": "00:04:45", "text": "month. You're telling me that September,"}, {"start": "00:04:42", "end": "00:04:46", "text": "October most likely bearish. I don't"}, {"start": "00:04:45", "end": "00:04:47", "text": "know which one you guys believe out"}, {"start": "00:04:46", "end": "00:04:49", "text": "there. Let me know in the comments, you"}, {"start": "00:04:47", "end": "00:04:51", "text": "know, down below if you believe Evan's"}, {"start": "00:04:49", "end": "00:04:53", "text": "right or or Tom Lee is right. One thing"}, {"start": "00:04:51", "end": "00:04:55", "text": "is for sure, the system's broken. Uh,"}, {"start": "00:04:53", "end": "00:04:56", "text": "you know, the system's broken when"}, {"start": "00:04:55", "end": "00:04:59", "text": "stocks are falling after the US"}, {"start": "00:04:56", "end": "00:05:01", "text": "unexpectedly added this much job growth."}, {"start": "00:04:59", "end": "00:05:02", "text": "And of course, that's the whole point."}, {"start": "00:05:01", "end": "00:05:04", "text": "Why would we see that if we're"}, {"start": "00:05:02", "end": "00:05:05", "text": "continuing to see the job market"}, {"start": "00:05:04", "end": "00:05:06", "text": "tripling?"}, {"start": "00:05:05", "end": "00:05:08", "text": ">> Yes, you are missing something. It"}, {"start": "00:05:06", "end": "00:05:11", "text": "actually is that. Did you see the tweet"}, {"start": "00:05:08", "end": "00:05:13", "text": "or the Trump true social Trump is now"}, {"start": "00:05:11", "end": "00:05:15", "text": "threatening WSH trying to negotiate or"}, {"start": "00:05:13", "end": "00:05:17", "text": "threaten him if he doesn't cut rates?"}, {"start": "00:05:15", "end": "00:05:20", "text": "So, how does Walsh agree to that? This"}, {"start": "00:05:17", "end": "00:05:22", "text": "is some issue. [laughter]"}, {"start": "00:05:20", "end": "00:05:24", "text": ">> Well, I think the issue is is that uh"}, {"start": "00:05:22", "end": "00:05:26", "text": "because I agree with Tim. I don't think"}, {"start": "00:05:24", "end": "00:05:28", "text": "uh I don't think Trump uh actually"}, {"start": "00:05:26", "end": "00:05:29", "text": "understands how the Fed works. If this"}, {"start": "00:05:28", "end": "00:05:31", "text": "is actually what he's trying to do,"}, {"start": "00:05:29", "end": "00:05:34", "text": "saying, \"Hey, we're going to actually"}, {"start": "00:05:31", "end": "00:05:36", "text": "threaten to be able to go into countries"}, {"start": "00:05:34", "end": "00:05:38", "text": "out there and this has nothing to do,"}, {"start": "00:05:36", "end": "00:05:39", "text": "especially on the trading side, has"}, {"start": "00:05:38", "end": "00:05:42", "text": "nothing to do with what's happening with"}, {"start": "00:05:39", "end": "00:05:43", "text": "the Fed.\" So, I think you're right. This"}, {"start": "00:05:42", "end": "00:05:46", "text": "But again, don't you think the market"}, {"start": "00:05:43", "end": "00:05:48", "text": "has seen enough of his rhetoric to not"}, {"start": "00:05:46", "end": "00:05:50", "text": "trade it?"}, {"start": "00:05:48", "end": "00:05:52", "text": "Well, I think that I think a lot of"}, {"start": "00:05:50", "end": "00:05:54", "text": "people there's that seasonality to that"}, {"start": "00:05:52", "end": "00:05:56", "text": "September October and if there's the the"}, {"start": "00:05:54", "end": "00:05:58", "text": "the fa the betting odds are in favor on"}, {"start": "00:05:56", "end": "00:06:01", "text": "Cali and Poly market for actually a hike"}, {"start": "00:05:58", "end": "00:06:03", "text": "right now. So, and it's close. So, it's"}, {"start": "00:06:01", "end": "00:06:07", "text": "not really factored in when it's like 51"}, {"start": "00:06:03", "end": "00:06:09", "text": "50/50 kind of generally. So, oh man, you"}, {"start": "00:06:07", "end": "00:06:10", "text": "know, I I think that seasonality is"}, {"start": "00:06:09", "end": "00:06:11", "text": "going to get the best of us here and"}, {"start": "00:06:10", "end": "00:06:13", "text": "you're going to see a healthy kind of"}, {"start": "00:06:11", "end": "00:06:15", "text": "pullback between, you know, now and"}, {"start": "00:06:13", "end": "00:06:17", "text": "midterms. And if you just back test that"}, {"start": "00:06:15", "end": "00:06:20", "text": "in your S&P 500, basically every single"}, {"start": "00:06:17", "end": "00:06:23", "text": "time since the7s, you generally always"}, {"start": "00:06:20", "end": "00:06:24", "text": "see that. So healthy correction. Let's"}, {"start": "00:06:23", "end": "00:06:25", "text": "go with that. Healthy correction."}, {"start": "00:06:24", "end": "00:06:28", "text": ">> All right. Well, and there you have it"}, {"start": "00:06:25", "end": "00:06:32", "text": "right now on the no change at 49. Now we"}, {"start": "00:06:28", "end": "00:06:33", "text": "have a 52% because of what the jobs came"}, {"start": "00:06:32", "end": "00:06:36", "text": "in. That's up quite a bit because this"}, {"start": "00:06:33", "end": "00:06:38", "text": "was trending down at around 40% just"}, {"start": "00:06:36", "end": "00:06:41", "text": "yesterday. And then of course the bump"}, {"start": "00:06:38", "end": "00:06:42", "text": "up on jobs. uh now where Worsh has to"}, {"start": "00:06:41", "end": "00:06:44", "text": "kind of deal with the data that"}, {"start": "00:06:42", "end": "00:06:47", "text": "everybody was concerned about and now"}, {"start": "00:06:44", "end": "00:06:50", "text": "it's here. Um you've got also ETFs"}, {"start": "00:06:47", "end": "00:06:53", "text": "pouring in right now and it's coming in"}, {"start": "00:06:50", "end": "00:06:54", "text": "in a big way. Uh they recorded 863.2"}, {"start": "00:06:53", "end": "00:06:56", "text": "million in net inflows. This was on"}, {"start": "00:06:54", "end": "00:07:00", "text": "September 3rd. This is for Bitcoin"}, {"start": "00:06:56", "end": "00:07:02", "text": "products. 72 723 million of that. Uh"}, {"start": "00:07:00", "end": "00:07:06", "text": "when you look at ETH funds, 140 million"}, {"start": "00:07:02", "end": "00:07:07", "text": "in capital. Previous week 447 440"}, {"start": "00:07:06", "end": "00:07:09", "text": "million. Uh, and then the current"}, {"start": "00:07:07", "end": "00:07:11", "text": "quarter remains down 340 million. All"}, {"start": "00:07:09", "end": "00:07:13", "text": "right, so I want to go into the news"}, {"start": "00:07:11", "end": "00:07:15", "text": "really that kind of I think shook some"}, {"start": "00:07:13", "end": "00:07:17", "text": "of this. And this is Clarity Act now"}, {"start": "00:07:15", "end": "00:07:18", "text": "before midterms is essentially dead. Uh,"}, {"start": "00:07:17", "end": "00:07:22", "text": "they're canceling the September"}, {"start": "00:07:18", "end": "00:07:24", "text": "sessions. This is only 4 days left until"}, {"start": "00:07:22", "end": "00:07:27", "text": "after the until the elections for"}, {"start": "00:07:24", "end": "00:07:29", "text": "midterms. So this changes everything"}, {"start": "00:07:27", "end": "00:07:31", "text": "around it. But does the market really"}, {"start": "00:07:29", "end": "00:07:33", "text": "need it when you look at Bitcoin and"}, {"start": "00:07:31", "end": "00:07:35", "text": "even some of these other altcoins"}, {"start": "00:07:33", "end": "00:07:38", "text": "trading where they are right now? Evan,"}, {"start": "00:07:35", "end": "00:07:40", "text": "is this important or not?"}, {"start": "00:07:38", "end": "00:07:42", "text": ">> I don't think it's too important, but"}, {"start": "00:07:40", "end": "00:07:44", "text": "you know, I don't have much hopes given"}, {"start": "00:07:42", "end": "00:07:47", "text": "that I saw there was a whale bet put"}, {"start": "00:07:44", "end": "00:07:48", "text": "$500,000 on the cleric not passing"}, {"start": "00:07:47", "end": "00:07:50", "text": "between now and the end of the year, but"}, {"start": "00:07:48", "end": "00:07:51", "text": "I don't think we need it just yet. So,"}, {"start": "00:07:50", "end": "00:07:53", "text": "it's not that big a deal. I think the"}, {"start": "00:07:51", "end": "00:07:54", "text": "main thing is that we're going to keep"}, {"start": "00:07:53", "end": "00:07:56", "text": "going up. We probably will, you know,"}, {"start": "00:07:54", "end": "00:07:57", "text": "for ETH, for example, we're going to see"}, {"start": "00:07:56", "end": "00:07:59", "text": "probably some type of correction down to"}, {"start": "00:07:57", "end": "00:08:00", "text": "3,000. I mean, it's tough to say. You"}, {"start": "00:07:59", "end": "00:08:03", "text": "could have a little bit more legs on"}, {"start": "00:08:00", "end": "00:08:04", "text": "you, maybe come up to 2,700 before that"}, {"start": "00:08:03", "end": "00:08:06", "text": "happens. But in all likelihood, you see"}, {"start": "00:08:04", "end": "00:08:08", "text": "a healthy correction between now and"}, {"start": "00:08:06", "end": "00:08:09", "text": "midterms. But I mean, obviously, I"}, {"start": "00:08:08", "end": "00:08:11", "text": "wouldn't try to time the market. I"}, {"start": "00:08:09", "end": "00:08:12", "text": "wouldn't sell my ETH for this. ETH is"}, {"start": "00:08:11", "end": "00:08:14", "text": "still in a very good holding position."}, {"start": "00:08:12", "end": "00:08:16", "text": "And your quarter 1 goal for this is"}, {"start": "00:08:14", "end": "00:08:18", "text": "probably going to be around 3,100 3,000."}, {"start": "00:08:16", "end": "00:08:19", "text": "I think it's a little bit too optimistic"}, {"start": "00:08:18", "end": "00:08:22", "text": "to say 3,000 by the end of this year,"}, {"start": "00:08:19", "end": "00:08:23", "text": "but quarter 1, quarter 2, 3,000"}, {"start": "00:08:22", "end": "00:08:24", "text": "absolutely in the cards here. Looking"}, {"start": "00:08:23", "end": "00:08:26", "text": "good."}, {"start": "00:08:24", "end": "00:08:28", "text": ">> Okay. All right. So, you like 3K in"}, {"start": "00:08:26", "end": "00:08:29", "text": "early 27. What about Salana? How would"}, {"start": "00:08:28", "end": "00:08:31", "text": "you play that? right now with what's"}, {"start": "00:08:29", "end": "00:08:33", "text": "happening with clarity."}, {"start": "00:08:31", "end": "00:08:35", "text": ">> Very similar to ETH. It's been following"}, {"start": "00:08:33", "end": "00:08:36", "text": "ETH a lot. You know, you got your kind"}, {"start": "00:08:35", "end": "00:08:37", "text": "of momentum shift right here. In all"}, {"start": "00:08:36", "end": "00:08:39", "text": "likelihood, you're going to see some"}, {"start": "00:08:37", "end": "00:08:42", "text": "type of healthy correction, maybe down"}, {"start": "00:08:39", "end": "00:08:45", "text": "15%, maybe 20. I like 90 bucks for this."}, {"start": "00:08:42", "end": "00:08:48", "text": "And then after that, your quarter 1 goal"}, {"start": "00:08:45", "end": "00:08:49", "text": "probably is going to be around 120. And"}, {"start": "00:08:48", "end": "00:08:51", "text": "then hopefully sometime next year, you"}, {"start": "00:08:49", "end": "00:08:53", "text": "know, sky's is the limit. 150. We'll see"}, {"start": "00:08:51", "end": "00:08:54", "text": "what happens. We'll play it by year. But"}, {"start": "00:08:53", "end": "00:08:56", "text": "you do have"}, {"start": "00:08:54", "end": "00:08:59", "text": ">> you do have a nice technical target."}, {"start": "00:08:56", "end": "00:09:00", "text": "Okay. It's only at 130, but you do."}, {"start": "00:08:59", "end": "00:09:01", "text": "Yeah. I mean, some people would even"}, {"start": "00:09:00", "end": "00:09:02", "text": "argue you could be a little bit more"}, {"start": "00:09:01", "end": "00:09:04", "text": "lenient with your technical target. You"}, {"start": "00:09:02", "end": "00:09:06", "text": "already broke outward. 150, I think, is"}, {"start": "00:09:04", "end": "00:09:07", "text": "a good goal for middle of next year and"}, {"start": "00:09:06", "end": "00:09:10", "text": "then maybe even"}, {"start": "00:09:07", "end": "00:09:12", "text": ">> middle of next year. 150. Uniswap,"}, {"start": "00:09:10", "end": "00:09:14", "text": "another one of my picks uh going"}, {"start": "00:09:12", "end": "00:09:17", "text": "forward. What do you think? It has been"}, {"start": "00:09:14", "end": "00:09:19", "text": "climbing here in the last few weeks."}, {"start": "00:09:17", "end": "00:09:22", "text": "Where does this stand end of year?"}, {"start": "00:09:19", "end": "00:09:23", "text": "So I think like a lot of other things in"}, {"start": "00:09:22", "end": "00:09:25", "text": "all likelihood you're getting kind of on"}, {"start": "00:09:23", "end": "00:09:26", "text": "your last legs of this jump up and"}, {"start": "00:09:25", "end": "00:09:28", "text": "you're you're screaming for a healthy"}, {"start": "00:09:26", "end": "00:09:29", "text": "correction would be which would be"}, {"start": "00:09:28", "end": "00:09:31", "text": "really healthier. So some type of"}, {"start": "00:09:29", "end": "00:09:32", "text": "correction downward. I don't know"}, {"start": "00:09:31", "end": "00:09:35", "text": "exactly where maybe down to like five"}, {"start": "00:09:32", "end": "00:09:36", "text": "bucks somewhere in the fours maybe and"}, {"start": "00:09:35", "end": "00:09:39", "text": "then end a year hopefully kind of"}, {"start": "00:09:36", "end": "00:09:42", "text": "recovering and then getting up to that 7"}, {"start": "00:09:39", "end": "00:09:43", "text": "$8 mark in quarter 1 and then sky's is"}, {"start": "00:09:42", "end": "00:09:45", "text": "the limit for this. It's tough to say"}, {"start": "00:09:43", "end": "00:09:47", "text": "Paul obviously for you know something"}, {"start": "00:09:45", "end": "00:09:49", "text": "like this but I could see 12 bucks"}, {"start": "00:09:47", "end": "00:09:51", "text": "eventually. Why not? Yeah, I could see"}, {"start": "00:09:49", "end": "00:09:54", "text": "12 bucks eventually sometime next year."}, {"start": "00:09:51", "end": "00:09:57", "text": ">> So, you're still more on the camp that"}, {"start": "00:09:54", "end": "00:10:00", "text": "the this next real major next move is"}, {"start": "00:09:57", "end": "00:10:03", "text": "going to happen in early 2027. Nothing"}, {"start": "00:10:00", "end": "00:10:05", "text": "really toward end of year. I mean, every"}, {"start": "00:10:03", "end": "00:10:07", "text": "analyst almost every analyst including I"}, {"start": "00:10:05", "end": "00:10:10", "text": "mean I think Tom is Tom Lee's been the"}, {"start": "00:10:07", "end": "00:10:13", "text": "most vocal that his thesis is that this"}, {"start": "00:10:10", "end": "00:10:16", "text": "is an endofear bull run uh catalyst as"}, {"start": "00:10:13", "end": "00:10:17", "text": "opposed to an early quarter one catalyst"}, {"start": "00:10:16", "end": "00:10:19", "text": "in 27. You're you're"}, {"start": "00:10:17", "end": "00:10:20", "text": ">> I'm a contrarian."}, {"start": "00:10:19", "end": "00:10:22", "text": ">> All right, there you go."}, {"start": "00:10:20", "end": "00:10:25", "text": ">> Yeah. I don't I don't think Tom Lee"}, {"start": "00:10:22", "end": "00:10:26", "text": "really is is cares about seasonality and"}, {"start": "00:10:25", "end": "00:10:28", "text": "cares about these other things. He's"}, {"start": "00:10:26", "end": "00:10:29", "text": "more of a price cheerleader. It's a"}, {"start": "00:10:28", "end": "00:10:30", "text": "different"}, {"start": "00:10:29", "end": "00:10:32", "text": ">> Yeah."}, {"start": "00:10:30", "end": "00:10:34", "text": ">> different different situation. So Evan,"}, {"start": "00:10:32", "end": "00:10:36", "text": "let's go to a clip real quick. This is"}, {"start": "00:10:34", "end": "00:10:38", "text": "Matt Hogan and he's talking about why"}, {"start": "00:10:36", "end": "00:10:40", "text": "Bitcoin could be a little bit more"}, {"start": "00:10:38", "end": "00:10:42", "text": "resilient around what we're seeing in"}, {"start": "00:10:40", "end": "00:10:44", "text": "the markets right now. Take a look. You"}, {"start": "00:10:42", "end": "00:10:47", "text": "look the big whale of a story is the $40"}, {"start": "00:10:44", "end": "00:10:49", "text": "trillion of debt going to $50 trillion"}, {"start": "00:10:47", "end": "00:10:52", "text": "going to hundred trillion. The"}, {"start": "00:10:49", "end": "00:10:55", "text": "traditional portfolio of 60% stocks and"}, {"start": "00:10:52", "end": "00:10:58", "text": "40% bonds is 100% fiat currency. You're"}, {"start": "00:10:55", "end": "00:10:59", "text": "completely exposed to that. What Besson"}, {"start": "00:10:58", "end": "00:11:02", "text": "has said is he'll grow his way out of"}, {"start": "00:10:59", "end": "00:11:04", "text": "this thanks to the AI boom. He may be"}, {"start": "00:11:02", "end": "00:11:06", "text": "right. We may get that one in a million"}, {"start": "00:11:04", "end": "00:11:08", "text": "chance that it plays out exactly"}, {"start": "00:11:06", "end": "00:11:11", "text": "perfectly. So own AI stocks. If he's"}, {"start": "00:11:08", "end": "00:11:12", "text": "right, you get that. If he's wrong, the"}, {"start": "00:11:11", "end": "00:11:14", "text": "other way governments get out of this is"}, {"start": "00:11:12", "end": "00:11:16", "text": "by inflating away the debt. In that"}, {"start": "00:11:14", "end": "00:11:18", "text": "case, Bitcoin is the fastest horse. So,"}, {"start": "00:11:16", "end": "00:11:20", "text": "you want to own that."}, {"start": "00:11:18", "end": "00:11:22", "text": ">> All right. Bitcoin fastest horse. That's"}, {"start": "00:11:20", "end": "00:11:24", "text": "the debasement trade we've all been"}, {"start": "00:11:22", "end": "00:11:26", "text": "working on probably really since Bitcoin"}, {"start": "00:11:24", "end": "00:11:28", "text": "hit 59K."}, {"start": "00:11:26", "end": "00:11:30", "text": "When you look at that and the fact that"}, {"start": "00:11:28", "end": "00:11:33", "text": "we have Bitcoin ETFs now showing massive"}, {"start": "00:11:30", "end": "00:11:36", "text": "strength, where do you call Bitcoin"}, {"start": "00:11:33", "end": "00:11:38", "text": "toward the end of the year, Evan?"}, {"start": "00:11:36", "end": "00:11:40", "text": ">> So, yeah, great question. I'll tell you"}, {"start": "00:11:38", "end": "00:11:42", "text": "what I think is going to happen. We get"}, {"start": "00:11:40", "end": "00:11:45", "text": "a healthy correction, maybe down to 69,"}, {"start": "00:11:42", "end": "00:11:46", "text": "maybe down to 65, and then end a year,"}, {"start": "00:11:45", "end": "00:11:48", "text": "probably after that, you get a little"}, {"start": "00:11:46", "end": "00:11:49", "text": "crabish, bearish, you know, as the"}, {"start": "00:11:48", "end": "00:11:51", "text": "economy kind of, you know, shuts down"}, {"start": "00:11:49", "end": "00:11:54", "text": "for a little bit around the holidays."}, {"start": "00:11:51", "end": "00:11:56", "text": "But end a year, maybe back to 80, maybe"}, {"start": "00:11:54", "end": "00:11:57", "text": "back to some of these areas. I would say"}, {"start": "00:11:56", "end": "00:11:59", "text": "the highest I could see end of year is"}, {"start": "00:11:57", "end": "00:12:01", "text": "maybe 90 if all go kind of goes well"}, {"start": "00:11:59", "end": "00:12:03", "text": "after kind of the correction, but my"}, {"start": "00:12:01", "end": "00:12:05", "text": "guess would be around 82. And then your"}, {"start": "00:12:03", "end": "00:12:07", "text": "90 is going to be your quarter 1. That's"}, {"start": "00:12:05", "end": "00:12:09", "text": "going to be somewhere between January to"}, {"start": "00:12:07", "end": "00:12:12", "text": "March. in all likelihood. So something"}, {"start": "00:12:09", "end": "00:12:14", "text": "like this is my my main prognosis here."}, {"start": "00:12:12", "end": "00:12:16", "text": ">> Okay. So you've got a nine toward the"}, {"start": "00:12:14", "end": "00:12:19", "text": "end of year or early January?"}, {"start": "00:12:16", "end": "00:12:20", "text": ">> January to March would be 90. End of"}, {"start": "00:12:19", "end": "00:12:22", "text": "year if I had to guess a number between"}, {"start": "00:12:20", "end": "00:12:24", "text": "70 to 80 probably around where we are"}, {"start": "00:12:22", "end": "00:12:26", "text": "right now."}, {"start": "00:12:24", "end": "00:12:27", "text": ">> So kind of flat for the rest of the"}, {"start": "00:12:26", "end": "00:12:30", "text": "year. All right. So other things"}, {"start": "00:12:27", "end": "00:12:32", "text": "happening of course one catalyst that"}, {"start": "00:12:30", "end": "00:12:36", "text": "hit the market was Robin Hood. It jumped"}, {"start": "00:12:32", "end": "00:12:38", "text": "almost 17% in overnight best session of"}, {"start": "00:12:36", "end": "00:12:40", "text": "the year. uh Wall Street quite a bit"}, {"start": "00:12:38", "end": "00:12:44", "text": "bullish here and of course Robin Hood"}, {"start": "00:12:40", "end": "00:12:46", "text": "doing a lot in terms of really making"}, {"start": "00:12:44", "end": "00:12:47", "text": "this a market run and now they're having"}, {"start": "00:12:46", "end": "00:12:50", "text": "a little bit of a challenge at least"}, {"start": "00:12:47", "end": "00:12:51", "text": "with Robin Hood chain got paused today."}, {"start": "00:12:50", "end": "00:12:53", "text": "Uh there are some other issues happening"}, {"start": "00:12:51", "end": "00:12:54", "text": "around tokenized securities that could"}, {"start": "00:12:53", "end": "00:12:57", "text": "challenge this as well. But when you"}, {"start": "00:12:54", "end": "00:12:59", "text": "look at the Robin Hood stock,"}, {"start": "00:12:57", "end": "00:13:02", "text": "is this one that you would continue to"}, {"start": "00:12:59", "end": "00:13:05", "text": "invest in long-term or is this more of a"}, {"start": "00:13:02", "end": "00:13:06", "text": "trade and, you know, kind of just do,"}, {"start": "00:13:05", "end": "00:13:08", "text": "you know, swing trading on it? Where"}, {"start": "00:13:06", "end": "00:13:09", "text": "would you stand on this one?"}, {"start": "00:13:08", "end": "00:13:11", "text": ">> Yeah. So, Robin Hood, to answer that"}, {"start": "00:13:09", "end": "00:13:12", "text": "question, it's a long-term hold. I think"}, {"start": "00:13:11", "end": "00:13:14", "text": "I think this is going to do well for the"}, {"start": "00:13:12", "end": "00:13:16", "text": "next few years. I think it's generally"}, {"start": "00:13:14", "end": "00:13:17", "text": "going to follow some type of trajectory"}, {"start": "00:13:16", "end": "00:13:20", "text": "like this and hit at least 200,"}, {"start": "00:13:17", "end": "00:13:22", "text": "somewhere between two to 300, you know,"}, {"start": "00:13:20", "end": "00:13:24", "text": "within the next 2 three years. Now"}, {"start": "00:13:22", "end": "00:13:26", "text": "shorter term I think seasonality you"}, {"start": "00:13:24", "end": "00:13:28", "text": "will probably see some type of healthy"}, {"start": "00:13:26", "end": "00:13:31", "text": "correction pull back you know between"}, {"start": "00:13:28", "end": "00:13:33", "text": "now and midterms but after that I do"}, {"start": "00:13:31", "end": "00:13:37", "text": "think you will continue forward and in"}, {"start": "00:13:33", "end": "00:13:38", "text": "2027 potentially by the end of 27 200 is"}, {"start": "00:13:37", "end": "00:13:40", "text": "a good goal. So I think Robin Hood's"}, {"start": "00:13:38", "end": "00:13:43", "text": "pretty good. Um does this outperform"}, {"start": "00:13:40", "end": "00:13:45", "text": "Bitcoin? Tough to say. Um I think it"}, {"start": "00:13:43", "end": "00:13:46", "text": "will perform similar to Bitcoin. I think"}, {"start": "00:13:45", "end": "00:13:48", "text": "it will perform similar"}, {"start": "00:13:46", "end": "00:13:51", "text": ">> similar to Bitcoin. I like it. Uh I want"}, {"start": "00:13:48", "end": "00:13:53", "text": "to go on the opposite side of ETH. Look"}, {"start": "00:13:51", "end": "00:13:56", "text": "at BMR. If you look at the the big"}, {"start": "00:13:53", "end": "00:13:59", "text": "players out there, you could say BMR, M"}, {"start": "00:13:56", "end": "00:14:01", "text": "Micro Strategy Circle. Um, those are"}, {"start": "00:13:59", "end": "00:14:03", "text": "plays I think that many people who are"}, {"start": "00:14:01", "end": "00:14:05", "text": "looking at at crypto but don't want"}, {"start": "00:14:03", "end": "00:14:07", "text": "direct exposure are are doing right now."}, {"start": "00:14:05", "end": "00:14:09", "text": "Where would you put BMR? Obviously, you"}, {"start": "00:14:07", "end": "00:14:12", "text": "like ETH for first quarter. Would you"}, {"start": "00:14:09", "end": "00:14:13", "text": "follow up with that with BMR?"}, {"start": "00:14:12", "end": "00:14:15", "text": ">> Yeah, it's a good hold right now. It's"}, {"start": "00:14:13", "end": "00:14:16", "text": "definitely a good hold. The thing I"}, {"start": "00:14:15", "end": "00:14:17", "text": "like, I mean, it's obviously hitting a"}, {"start": "00:14:16", "end": "00:14:20", "text": "speed bump. You know, this is big"}, {"start": "00:14:17", "end": "00:14:21", "text": "resistance around 27 right here. you're"}, {"start": "00:14:20", "end": "00:14:22", "text": "probably going to see some type of"}, {"start": "00:14:21", "end": "00:14:24", "text": "healthy correction. You're going to form"}, {"start": "00:14:22", "end": "00:14:26", "text": "one of my favorite, you know, long-term"}, {"start": "00:14:24", "end": "00:14:28", "text": "bullish patterns, which is going to be a"}, {"start": "00:14:26", "end": "00:14:29", "text": "nice reverse head and shoulders. And"}, {"start": "00:14:28", "end": "00:14:31", "text": "then after that, you're probably going"}, {"start": "00:14:29", "end": "00:14:34", "text": "to break upward to a nice technical"}, {"start": "00:14:31", "end": "00:14:35", "text": "target, which is going to be Yeah, I"}, {"start": "00:14:34", "end": "00:14:38", "text": "mean, you got a technical target"}, {"start": "00:14:35", "end": "00:14:40", "text": "probably around at least at 40, at least"}, {"start": "00:14:38", "end": "00:14:43", "text": "3940, which could be a good quarter one"}, {"start": "00:14:40", "end": "00:14:44", "text": "goal. 40 bucks. This could run, man."}, {"start": "00:14:43", "end": "00:14:46", "text": "Yeah."}, {"start": "00:14:44", "end": "00:14:47", "text": ">> Evan, I want to go to your watch list"}, {"start": "00:14:46", "end": "00:14:49", "text": "for the end of the year. So, if we get"}, {"start": "00:14:47", "end": "00:14:51", "text": "this dip, this technical uh dip that"}, {"start": "00:14:49", "end": "00:14:53", "text": "you're mentioning right now on almost"}, {"start": "00:14:51", "end": "00:14:56", "text": "all the assets, you you believe there's"}, {"start": "00:14:53", "end": "00:14:58", "text": "a retracement coming for this, where"}, {"start": "00:14:56", "end": "00:15:00", "text": "would you deploy capital if you weren't"}, {"start": "00:14:58", "end": "00:15:01", "text": "in the market right now? Top three"}, {"start": "00:15:00", "end": "00:15:03", "text": "tokens."}, {"start": "00:15:01", "end": "00:15:05", "text": ">> So, I would definitely be looking at"}, {"start": "00:15:03", "end": "00:15:06", "text": "Hyperlid on a dip. I think there's"}, {"start": "00:15:05", "end": "00:15:08", "text": "definitely going to be a future of the"}, {"start": "00:15:06", "end": "00:15:10", "text": "te tokenized assets that could have a"}, {"start": "00:15:08", "end": "00:15:12", "text": "good run for the next few years."}, {"start": "00:15:10", "end": "00:15:14", "text": "Absolutely would be looking at chain"}, {"start": "00:15:12", "end": "00:15:16", "text": "link is one I'm keeping my eye on. and I"}, {"start": "00:15:14", "end": "00:15:18", "text": "took some profits on that, but that"}, {"start": "00:15:16", "end": "00:15:20", "text": "could be a kind of a sleeper hit. And"}, {"start": "00:15:18", "end": "00:15:22", "text": "like we mentioned, there's a few things"}, {"start": "00:15:20", "end": "00:15:24", "text": "like Uniswap, that could be one that I'm"}, {"start": "00:15:22", "end": "00:15:26", "text": "definitely keeping my eyes on right now,"}, {"start": "00:15:24", "end": "00:15:28", "text": "too, for um potentially lower risk, high"}, {"start": "00:15:26", "end": "00:15:30", "text": "reward. You need a stop-loss, Max,"}, {"start": "00:15:28", "end": "00:15:32", "text": "though. You need to look at your Bitcoin"}, {"start": "00:15:30", "end": "00:15:34", "text": "evaluations. But yeah,"}, {"start": "00:15:32", "end": "00:15:37", "text": ">> Hyperlid had a pullback off of its"}, {"start": "00:15:34", "end": "00:15:40", "text": "all-time high again, uh yesterday, was"}, {"start": "00:15:37", "end": "00:15:42", "text": "up at 87, back down to 85. Where would"}, {"start": "00:15:40", "end": "00:15:44", "text": "be your entry if you were going on on"}, {"start": "00:15:42", "end": "00:15:45", "text": "Hyperlid? Where would you be? Would you"}, {"start": "00:15:44", "end": "00:15:48", "text": "look at"}, {"start": "00:15:45", "end": "00:15:50", "text": ">> Yeah. At least 20% down, which is going"}, {"start": "00:15:48", "end": "00:15:52", "text": "to be"}, {"start": "00:15:50", "end": "00:15:54", "text": ">> 20 to six low 60s. I would hope for I"}, {"start": "00:15:52", "end": "00:15:54", "text": "would hope for"}, {"start": "00:15:54", "end": "00:15:56", "text": ">> 60s"}, {"start": "00:15:54", "end": "00:15:58", "text": ">> hopefully. Yeah."}, {"start": "00:15:56", "end": "00:16:00", "text": ">> All right. I like that. I like that"}, {"start": "00:15:58", "end": "00:16:02", "text": "list. You know, there's a handful of"}, {"start": "00:16:00", "end": "00:16:02", "text": "others we'll probably try to get to. We"}, {"start": "00:16:02", "end": "00:16:04", "text": "definitely have to get"}, {"start": "00:16:02", "end": "00:16:07", "text": ">> another one to have."}, {"start": "00:16:04", "end": "00:16:10", "text": ">> We got to do a buy a buy list for the"}, {"start": "00:16:07", "end": "00:16:13", "text": "audience. um especially if this plays"}, {"start": "00:16:10", "end": "00:16:15", "text": "out based on what your your thesis is"}, {"start": "00:16:13", "end": "00:16:17", "text": ">> because I there could be some other good"}, {"start": "00:16:15", "end": "00:16:18", "text": "good tokens for shopping list toward the"}, {"start": "00:16:17", "end": "00:16:21", "text": "end of the year. Good Christmas shopping"}, {"start": "00:16:18", "end": "00:16:23", "text": "or holiday shopping list uh for tokens."}, {"start": "00:16:21", "end": "00:16:24", "text": "So, hey Evan, thanks so much for coming"}, {"start": "00:16:23", "end": "00:16:25", "text": "in today. Uh we'll definitely have you"}, {"start": "00:16:24", "end": "00:16:27", "text": "back."}, {"start": "00:16:25", "end": "00:16:30", "text": ">> Yeah, thanks so much Paul. It was an"}, {"start": "00:16:27", "end": "00:16:30", "text": "honor."}, {"start": "00:16:31", "end": "00:16:33", "text": "[music]"}, {"start": "00:16:33", "end": "00:16:37", "text": ">> If you like this video, hit like and"}, {"start": "00:16:35", "end": "00:16:39", "text": "[music] subscribe. Drop a comment down"}, {"start": "00:16:37", "end": "00:16:41", "text": "below and also join our free private"}, {"start": "00:16:39", "end": "00:16:44", "text": "member group. The link is [music] in the"}, {"start": "00:16:41", "end": "00:16:44", "text": "description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "There's a lot of confusion in the market"}, {"start": "00:00:01", "end": "00:00:05", "text": "today, especially around what's going on"}, {"start": "00:00:03", "end": "00:00:08", "text": "with Robin Hood and Salana. We'll break"}, {"start": "00:00:05", "end": "00:00:09", "text": "it down for you. Hopefully, it will help"}, {"start": "00:00:08", "end": "00:00:12", "text": "kind of get some explanation of where"}, {"start": "00:00:09", "end": "00:00:13", "text": "this is heading. Before we do that, I"}, {"start": "00:00:12", "end": "00:00:14", "text": "want to thank our sponsor and that's it"}, {"start": "00:00:13", "end": "00:00:17", "text": "Capital where you guys can get into your"}, {"start": "00:00:14", "end": "00:00:19", "text": "own crypto IRA, cryptocurrency, stocks,"}, {"start": "00:00:17", "end": "00:00:22", "text": "gold, and silver. All available over on"}, {"start": "00:00:19", "end": "00:00:24", "text": "Itrust Capital. One account, unlimited"}, {"start": "00:00:22", "end": "00:00:25", "text": "possibilities. This is one of the"}, {"start": "00:00:24", "end": "00:00:27", "text": "platforms. They've been around for quite"}, {"start": "00:00:25", "end": "00:00:30", "text": "a while. You guys can go over and use"}, {"start": "00:00:27", "end": "00:00:32", "text": "them. If you have a current IRA, you can"}, {"start": "00:00:30", "end": "00:00:35", "text": "transfer that. If you want to start a"}, {"start": "00:00:32", "end": "00:00:37", "text": "brand new IRA, you can also do that as"}, {"start": "00:00:35", "end": "00:00:39", "text": "well. So, just use our link down below."}, {"start": "00:00:37", "end": "00:00:40", "text": "It's going to give you a $100 funding"}, {"start": "00:00:39", "end": "00:00:42", "text": "reward to get started, and you're going"}, {"start": "00:00:40", "end": "00:00:44", "text": "to have to start tax planning soon. And"}, {"start": "00:00:42", "end": "00:00:45", "text": "IAS are one of the diversification"}, {"start": "00:00:44", "end": "00:00:47", "text": "things that you should be doing. Let's"}, {"start": "00:00:45", "end": "00:00:50", "text": "lead off with this tweet right here from"}, {"start": "00:00:47", "end": "00:00:52", "text": "Adam Marin. He is the CEO of AMC."}, {"start": "00:00:50", "end": "00:00:54", "text": "extremely upset with what's going on"}, {"start": "00:00:52", "end": "00:00:56", "text": "with Robin Hood and the idea that they"}, {"start": "00:00:54", "end": "00:00:58", "text": "are not registered under US securities"}, {"start": "00:00:56", "end": "00:01:01", "text": "laws when they're going out with"}, {"start": "00:00:58", "end": "00:01:04", "text": "tokenized real world assets, stock"}, {"start": "00:01:01", "end": "00:01:06", "text": "tokens, specifically to AMC. And he says"}, {"start": "00:01:04", "end": "00:01:09", "text": "here, I find this practice to be"}, {"start": "00:01:06", "end": "00:01:13", "text": "contemptable, outrageous, disgusting,"}, {"start": "00:01:09", "end": "00:01:15", "text": "detestable, inexcusable, basically vile."}, {"start": "00:01:13", "end": "00:01:17", "text": "How can this possibly be legal? We have"}, {"start": "00:01:15", "end": "00:01:19", "text": "no connection to this at all and do not"}, {"start": "00:01:17", "end": "00:01:22", "text": "condone it in any way. This is the"}, {"start": "00:01:19", "end": "00:01:25", "text": "attack that went forward on of course"}, {"start": "00:01:22", "end": "00:01:27", "text": "Robin Hood and Vlad. And if you look at"}, {"start": "00:01:25", "end": "00:01:29", "text": "the AMC stock token, I shouldn't say"}, {"start": "00:01:27", "end": "00:01:32", "text": "stock token. If you look at the AMC"}, {"start": "00:01:29", "end": "00:01:34", "text": "stock in general from what was happening"}, {"start": "00:01:32", "end": "00:01:37", "text": "this morning, we had an immediate spike"}, {"start": "00:01:34", "end": "00:01:39", "text": "on the shares and then a full"}, {"start": "00:01:37", "end": "00:01:40", "text": "retracement. This is on the five minute"}, {"start": "00:01:39", "end": "00:01:42", "text": "chart right now. So you can kind of see"}, {"start": "00:01:40", "end": "00:01:45", "text": "the explosion there in the beginning"}, {"start": "00:01:42", "end": "00:01:48", "text": "over 20% and then back down. So"}, {"start": "00:01:45", "end": "00:01:51", "text": "interesting timing here with all of this"}, {"start": "00:01:48", "end": "00:01:53", "text": "coming out airing their dirty laundry"}, {"start": "00:01:51", "end": "00:01:54", "text": "and kind of getting to this whole point."}, {"start": "00:01:53", "end": "00:01:56", "text": "The other response that came out was"}, {"start": "00:01:54", "end": "00:01:58", "text": "Vlad Tennv. This of course CEO of Robin"}, {"start": "00:01:56", "end": "00:02:00", "text": "Hood. What's the concern? Here was his"}, {"start": "00:01:58", "end": "00:02:03", "text": "tweet. Seriously, the concern is the"}, {"start": "00:02:00", "end": "00:02:05", "text": "list of concerns is almost existential."}, {"start": "00:02:03", "end": "00:02:06", "text": "This is where they don't want any"}, {"start": "00:02:05", "end": "00:02:08", "text": "holders to be able to do anything with"}, {"start": "00:02:06", "end": "00:02:10", "text": "it. They want full control of those"}, {"start": "00:02:08", "end": "00:02:12", "text": "shares even though you're buying them."}, {"start": "00:02:10", "end": "00:02:14", "text": "And that is I think where this argument"}, {"start": "00:02:12", "end": "00:02:17", "text": "has started and of course started to"}, {"start": "00:02:14", "end": "00:02:19", "text": "escalate in addition to my own comments"}, {"start": "00:02:17", "end": "00:02:23", "text": "back to Vlad Tennov about strongly held"}, {"start": "00:02:19", "end": "00:02:25", "text": "concerns. He tweets another guy that is"}, {"start": "00:02:23", "end": "00:02:28", "text": "out there trying to explain this. Now"}, {"start": "00:02:25", "end": "00:02:31", "text": "just to be clear this is a an account"}, {"start": "00:02:28", "end": "00:02:33", "text": "that is very pro AMC almost like a a"}, {"start": "00:02:31", "end": "00:02:36", "text": "fanboy of sort. So the point is is that"}, {"start": "00:02:33", "end": "00:02:38", "text": "they're literally tweeting each other"}, {"start": "00:02:36", "end": "00:02:40", "text": "trying to combat this issue around the"}, {"start": "00:02:38", "end": "00:02:42", "text": "AMC stock tokens and of course trying to"}, {"start": "00:02:40", "end": "00:02:45", "text": "stop a bunch of shorting all these"}, {"start": "00:02:42", "end": "00:02:47", "text": "different versions of the token itself."}, {"start": "00:02:45", "end": "00:02:49", "text": "Next up of course was Carlos Domingo who"}, {"start": "00:02:47", "end": "00:02:52", "text": "came in from Securitize. He jumps into"}, {"start": "00:02:49", "end": "00:02:56", "text": "this and simply said the AMC tokenized"}, {"start": "00:02:52", "end": "00:02:59", "text": "stock was trading at 60x the actual AMC"}, {"start": "00:02:56", "end": "00:03:01", "text": "stock price. Now, that is kind of true"}, {"start": "00:02:59", "end": "00:03:03", "text": "and not kind of true. And we'll kind of"}, {"start": "00:03:01", "end": "00:03:05", "text": "show you, well, we will show you an"}, {"start": "00:03:03", "end": "00:03:07", "text": "example of what he's referencing there."}, {"start": "00:03:05", "end": "00:03:09", "text": "Not necessarily the case. So, when we"}, {"start": "00:03:07", "end": "00:03:11", "text": "looked into the blockchain data, right"}, {"start": "00:03:09", "end": "00:03:14", "text": "here it is July 29th. This is the"}, {"start": "00:03:11", "end": "00:03:16", "text": "reference point they're getting at. So,"}, {"start": "00:03:14", "end": "00:03:18", "text": "in the response on this, they had to"}, {"start": "00:03:16", "end": "00:03:20", "text": "literally track it down to a low"}, {"start": "00:03:18", "end": "00:03:22", "text": "liquidity trading pair here on ETH,"}, {"start": "00:03:20", "end": "00:03:24", "text": "which is exactly opposite of what the"}, {"start": "00:03:22", "end": "00:03:26", "text": "real tokenized stock was trading on"}, {"start": "00:03:24", "end": "00:03:29", "text": "under USDG. So that's the point I'm"}, {"start": "00:03:26", "end": "00:03:31", "text": "getting at it. This is not necessarily a"}, {"start": "00:03:29", "end": "00:03:33", "text": "regular. And of course it reped back to"}, {"start": "00:03:31", "end": "00:03:35", "text": "it. And of course Vlad came out and"}, {"start": "00:03:33", "end": "00:03:38", "text": "said, \"Well, hey, we stand behind stock"}, {"start": "00:03:35", "end": "00:03:41", "text": "tokens.\" And Dan Gallagher, their chief"}, {"start": "00:03:38", "end": "00:03:43", "text": "counsel, came in and simply said, \"We"}, {"start": "00:03:41", "end": "00:03:46", "text": "know a little about this securities law"}, {"start": "00:03:43", "end": "00:03:47", "text": "and will not desist. Send your lawyers."}, {"start": "00:03:46", "end": "00:03:49", "text": "We'll educate them.\" So I want to go"}, {"start": "00:03:47", "end": "00:03:51", "text": "over and show you something here. This"}, {"start": "00:03:49", "end": "00:03:53", "text": "is AMC versus Robin Hood. And this is"}, {"start": "00:03:51", "end": "00:03:56", "text": "kind of the control versus the hypocrisy"}, {"start": "00:03:53", "end": "00:03:58", "text": "hypocrisy that's laying out. And forget"}, {"start": "00:03:56", "end": "00:04:02", "text": "about the tweets. This is what kind of"}, {"start": "00:03:58", "end": "00:04:05", "text": "happened. All right. So remember in 2022"}, {"start": "00:04:02", "end": "00:04:08", "text": "the CEO lost the vote to where he was"}, {"start": "00:04:05", "end": "00:04:10", "text": "trying to essentially create more common"}, {"start": "00:04:08", "end": "00:04:12", "text": "shares. Shareholders said no. So what"}, {"start": "00:04:10", "end": "00:04:14", "text": "did he do? He made a new share. They"}, {"start": "00:04:12", "end": "00:04:15", "text": "were called ape units. You probably"}, {"start": "00:04:14", "end": "00:04:18", "text": "remember this. There was 1 billion"}, {"start": "00:04:15", "end": "00:04:22", "text": "authorized. Then underneath that then he"}, {"start": "00:04:18", "end": "00:04:26", "text": "sold them. All right? He gave away 517"}, {"start": "00:04:22", "end": "00:04:29", "text": "million. He raised 2707 72 million in"}, {"start": "00:04:26", "end": "00:04:32", "text": "capital and then from a creditor 110"}, {"start": "00:04:29", "end": "00:04:34", "text": "million 91 million in that was swapped"}, {"start": "00:04:32", "end": "00:04:36", "text": "for debt. So apes traded at a very deep"}, {"start": "00:04:34", "end": "00:04:39", "text": "discount. This is an example of a CEO"}, {"start": "00:04:36", "end": "00:04:41", "text": "doing this. Then he got sued. He was"}, {"start": "00:04:39", "end": "00:04:43", "text": "sued by the shareholders that he went"}, {"start": "00:04:41", "end": "00:04:46", "text": "around and then they settled for 129"}, {"start": "00:04:43", "end": "00:04:48", "text": "million. So this is happening right now"}, {"start": "00:04:46", "end": "00:04:50", "text": "because they were trying to maintain"}, {"start": "00:04:48", "end": "00:04:53", "text": "control. he could not maintain control"}, {"start": "00:04:50", "end": "00:04:55", "text": "and that's when it got real. So what"}, {"start": "00:04:53", "end": "00:04:58", "text": "what happened was is apes converted."}, {"start": "00:04:55", "end": "00:05:00", "text": "This was a 1 for 10 split. The"}, {"start": "00:04:58", "end": "00:05:03", "text": "workaround became the delilution. So"}, {"start": "00:05:00", "end": "00:05:06", "text": "stock went down 34% 40 million more"}, {"start": "00:05:03", "end": "00:05:08", "text": "shares. That's the issue that of course"}, {"start": "00:05:06", "end": "00:05:10", "text": "all of this boiled down to. So just to"}, {"start": "00:05:08", "end": "00:05:11", "text": "look at the hypocrisy he was diluting"}, {"start": "00:05:10", "end": "00:05:14", "text": "shareholders completely without their"}, {"start": "00:05:11", "end": "00:05:15", "text": "permission and this is what he's"}, {"start": "00:05:14", "end": "00:05:17", "text": "claiming Robin Hood is doing and it's"}, {"start": "00:05:15", "end": "00:05:19", "text": "not necessarily happening. So the same"}, {"start": "00:05:17", "end": "00:05:22", "text": "idea, opposite result. These were the"}, {"start": "00:05:19", "end": "00:05:24", "text": "ape units. This was AMC that made them."}, {"start": "00:05:22", "end": "00:05:26", "text": "Right now, stock tokens are made by a"}, {"start": "00:05:24", "end": "00:05:29", "text": "third party as you know. Uh this was"}, {"start": "00:05:26", "end": "00:05:31", "text": "diluted if you were a holder. Uh in this"}, {"start": "00:05:29", "end": "00:05:33", "text": "particular case, they're untouched."}, {"start": "00:05:31", "end": "00:05:35", "text": "Holders voted no. AMC didn't even was"}, {"start": "00:05:33", "end": "00:05:37", "text": "not asked, don't need to be. And then of"}, {"start": "00:05:35", "end": "00:05:40", "text": "course the cost to you as a shareholder"}, {"start": "00:05:37", "end": "00:05:43", "text": "on the Ape side was real money. And over"}, {"start": "00:05:40", "end": "00:05:44", "text": "on stock tokens, no cost. So one took"}, {"start": "00:05:43", "end": "00:05:46", "text": "your money, the one took nothing. And"}, {"start": "00:05:44", "end": "00:05:48", "text": "then he said this contemptable and"}, {"start": "00:05:46", "end": "00:05:50", "text": "disgusting and vile. This is about a"}, {"start": "00:05:48", "end": "00:05:54", "text": "product that created zero new AMC"}, {"start": "00:05:50", "end": "00:05:56", "text": "shares. No dilution whatsoever. He's the"}, {"start": "00:05:54", "end": "00:05:58", "text": "one who was actually diluting. So one of"}, {"start": "00:05:56", "end": "00:06:00", "text": "the big topics is out there is really"}, {"start": "00:05:58", "end": "00:06:02", "text": "who who owns the real shares. And this"}, {"start": "00:06:00", "end": "00:06:04", "text": "is kind of a a misnomer that I think a"}, {"start": "00:06:02", "end": "00:06:06", "text": "lot of people don't understand. When you"}, {"start": "00:06:04", "end": "00:06:08", "text": "buy something a share on Schwab, you get"}, {"start": "00:06:06", "end": "00:06:10", "text": "an entitlement. Simply saying it's kind"}, {"start": "00:06:08", "end": "00:06:12", "text": "of like an IOU. If you buy the token,"}, {"start": "00:06:10", "end": "00:06:15", "text": "it's a debt security. So you don't get"}, {"start": "00:06:12", "end": "00:06:16", "text": "it there either, but it's backed one by"}, {"start": "00:06:15", "end": "00:06:18", "text": "one to one by real shares. So it's"}, {"start": "00:06:16", "end": "00:06:21", "text": "essentially the same thing. So no"}, {"start": "00:06:18", "end": "00:06:23", "text": "American really holds legal title and"}, {"start": "00:06:21", "end": "00:06:25", "text": "that's the system that we've been in and"}, {"start": "00:06:23", "end": "00:06:27", "text": "around for a long time. But it traded at"}, {"start": "00:06:25", "end": "00:06:29", "text": "60x. That was the argument, you know,"}, {"start": "00:06:27", "end": "00:06:31", "text": "that they said this happened over 7"}, {"start": "00:06:29", "end": "00:06:33", "text": "minutes in one ETH paired pool with"}, {"start": "00:06:31", "end": "00:06:36", "text": "139,000 of liquidity almost"}, {"start": "00:06:33", "end": "00:06:38", "text": "non-existent. Okay, those kinds of"}, {"start": "00:06:36", "end": "00:06:41", "text": "liquidity pools are going to create"}, {"start": "00:06:38", "end": "00:06:43", "text": "volatility. every other live pool today"}, {"start": "00:06:41", "end": "00:06:46", "text": "against their stock was almost literally"}, {"start": "00:06:43", "end": "00:06:48", "text": "on par. So, it happened fast. It"}, {"start": "00:06:46", "end": "00:06:50", "text": "happened in one candle and it's gone."}, {"start": "00:06:48", "end": "00:06:51", "text": "This is the kind of thing that they're"}, {"start": "00:06:50", "end": "00:06:52", "text": "arguing. And of course, it's a it's an"}, {"start": "00:06:51", "end": "00:06:55", "text": "argument they're trying to make because"}, {"start": "00:06:52", "end": "00:06:56", "text": "it's the only one they have. And who's"}, {"start": "00:06:55", "end": "00:06:58", "text": "raising the alarm? Well, it's a"}, {"start": "00:06:56", "end": "00:07:03", "text": "competitor. Securitize sells a rival"}, {"start": "00:06:58", "end": "00:07:05", "text": "product and a CEO whose stock rose 21%"}, {"start": "00:07:03", "end": "00:07:07", "text": "on the rant and then he printed a"}, {"start": "00:07:05", "end": "00:07:09", "text": "billion shares without any ask ask"}, {"start": "00:07:07", "end": "00:07:12", "text": "anyone. So neither one is ref in this"}, {"start": "00:07:09", "end": "00:07:13", "text": "particular case. More democratized or"}, {"start": "00:07:12", "end": "00:07:15", "text": "less? That's really the question you're"}, {"start": "00:07:13", "end": "00:07:17", "text": "going to ask. If you have to ask the"}, {"start": "00:07:15", "end": "00:07:19", "text": "issuer first, then it's going to be less"}, {"start": "00:07:17", "end": "00:07:20", "text": "democratized. If the if you have to go"}, {"start": "00:07:19", "end": "00:07:22", "text": "through a KYC wall, it's less"}, {"start": "00:07:20", "end": "00:07:24", "text": "democratized."}, {"start": "00:07:22", "end": "00:07:27", "text": "If it's open to anyone, which is what"}, {"start": "00:07:24", "end": "00:07:29", "text": "we're talking about on tokenized stocks,"}, {"start": "00:07:27", "end": "00:07:31", "text": "that's much more democratized. And I"}, {"start": "00:07:29", "end": "00:07:33", "text": "think that is the argument. So then you"}, {"start": "00:07:31", "end": "00:07:34", "text": "have this tweet right here. Do we really"}, {"start": "00:07:33", "end": "00:07:36", "text": "think Vlad knows what he's doing? Just a"}, {"start": "00:07:34", "end": "00:07:38", "text": "puppet for Ken Griffin. I think that's"}, {"start": "00:07:36", "end": "00:07:40", "text": "the exact opposite. Citadel has been a"}, {"start": "00:07:38", "end": "00:07:41", "text": "thorn in their side. It's one of the"}, {"start": "00:07:40", "end": "00:07:44", "text": "reasons they had moved to Robin Hood"}, {"start": "00:07:41", "end": "00:07:46", "text": "chain. It's also been the antithesis"}, {"start": "00:07:44", "end": "00:07:48", "text": "really where Robin Hood is trying to"}, {"start": "00:07:46", "end": "00:07:50", "text": "create the next generation of finance."}, {"start": "00:07:48", "end": "00:07:53", "text": "And then you have this this was bad"}, {"start": "00:07:50", "end": "00:07:55", "text": "timing today. Robin Hood chain halts"}, {"start": "00:07:53", "end": "00:07:57", "text": "block production and again this was"}, {"start": "00:07:55", "end": "00:07:59", "text": "because of heavy load. Now the outage"}, {"start": "00:07:57", "end": "00:08:01", "text": "struck the arbitum orbit layer 2. Not"}, {"start": "00:07:59", "end": "00:08:04", "text": "good timing with the same time that you"}, {"start": "00:08:01", "end": "00:08:07", "text": "have AMC almost orchestrated. It looks"}, {"start": "00:08:04", "end": "00:08:08", "text": "like here guys. very interesting with"}, {"start": "00:08:07", "end": "00:08:11", "text": "what's happening the transaction fee"}, {"start": "00:08:08", "end": "00:08:14", "text": "cost right now this is the kind of"}, {"start": "00:08:11", "end": "00:08:16", "text": "explosion over 100x on Salana and more"}, {"start": "00:08:14", "end": "00:08:18", "text": "than double on Ethereum that's the"}, {"start": "00:08:16", "end": "00:08:21", "text": "average transaction fee surge that we"}, {"start": "00:08:18", "end": "00:08:24", "text": "saw and this of course traces into this"}, {"start": "00:08:21", "end": "00:08:26", "text": "right here which is arbitum chain"}, {"start": "00:08:24", "end": "00:08:29", "text": "remember gets 10% of the net protocol"}, {"start": "00:08:26", "end": "00:08:31", "text": "revenue revenues back to the arbitum"}, {"start": "00:08:29", "end": "00:08:34", "text": "ecosystem and when you look at Robin"}, {"start": "00:08:31", "end": "00:08:37", "text": "Hood they have to be asking 10% of these"}, {"start": "00:08:34", "end": "00:08:40", "text": "kind of volumes. This is going to become"}, {"start": "00:08:37", "end": "00:08:42", "text": "a a big problem. And let's go remember"}, {"start": "00:08:40", "end": "00:08:44", "text": "what happened on and with Coinbase."}, {"start": "00:08:42", "end": "00:08:46", "text": "Eventually, that became uh them"}, {"start": "00:08:44", "end": "00:08:48", "text": "developing their own L2. That became"}, {"start": "00:08:46", "end": "00:08:51", "text": "base, of course, sideststepping"}, {"start": "00:08:48", "end": "00:08:53", "text": "optimism. That might be an interesting"}, {"start": "00:08:51", "end": "00:08:55", "text": "scenario that's playing here. Speaking"}, {"start": "00:08:53", "end": "00:08:57", "text": "of shots fired, Salana goes on the"}, {"start": "00:08:55", "end": "00:08:59", "text": "offensive. They issued backpack"}, {"start": "00:08:57", "end": "00:09:02", "text": "securities for AMC. It's now listed on"}, {"start": "00:08:59", "end": "00:09:05", "text": "Salana with Sunrise. You can kind of see"}, {"start": "00:09:02", "end": "00:09:07", "text": "uh it's live now AMC. It is pegged, so"}, {"start": "00:09:05", "end": "00:09:09", "text": "it is trading exactly like what any"}, {"start": "00:09:07", "end": "00:09:11", "text": "other stock token is doing out there. So"}, {"start": "00:09:09", "end": "00:09:14", "text": "you look at this Blockworks research,"}, {"start": "00:09:11", "end": "00:09:16", "text": "Backpack fills cost less than in four"}, {"start": "00:09:14", "end": "00:09:19", "text": "stock samples that they did. Basically,"}, {"start": "00:09:16", "end": "00:09:21", "text": "you're looking at much cheaper fees here"}, {"start": "00:09:19", "end": "00:09:23", "text": "on Backpack than on Robin Hood. And this"}, {"start": "00:09:21", "end": "00:09:25", "text": "means that Arbitum is going to have to"}, {"start": "00:09:23", "end": "00:09:27", "text": "deal with this in some way to be able to"}, {"start": "00:09:25", "end": "00:09:29", "text": "to appease what the market demand is"}, {"start": "00:09:27", "end": "00:09:31", "text": "going to be. All right. When you've got"}, {"start": "00:09:29", "end": "00:09:32", "text": "this issue going on with equities,"}, {"start": "00:09:31", "end": "00:09:34", "text": "you've got to look at this headline"}, {"start": "00:09:32", "end": "00:09:36", "text": "right here. This is unis swap buying and"}, {"start": "00:09:34", "end": "00:09:39", "text": "purchasing ponds. This means that we"}, {"start": "00:09:36", "end": "00:09:41", "text": "could see memecoins going back on the"}, {"start": "00:09:39", "end": "00:09:43", "text": "offensive here as we see some rotation"}, {"start": "00:09:41", "end": "00:09:46", "text": "of capital. So unis swap and ponds"}, {"start": "00:09:43", "end": "00:09:48", "text": "perfectly aligned right there. I want to"}, {"start": "00:09:46", "end": "00:09:50", "text": "go back to Salana for a second. We"}, {"start": "00:09:48", "end": "00:09:51", "text": "showed you the rundown on how Robin Hood"}, {"start": "00:09:50", "end": "00:09:53", "text": "is dealing with tokenized securities. I"}, {"start": "00:09:51", "end": "00:09:55", "text": "want to jump over here on the Salana"}, {"start": "00:09:53", "end": "00:09:57", "text": "model. Same idea and I think this one is"}, {"start": "00:09:55", "end": "00:09:59", "text": "done right. And if you look at it, so"}, {"start": "00:09:57", "end": "00:10:02", "text": "let's say you want to trade your"}, {"start": "00:09:59", "end": "00:10:04", "text": "securities. Okay. And this is where the"}, {"start": "00:10:02", "end": "00:10:06", "text": "restriction starts to come in on what"}, {"start": "00:10:04", "end": "00:10:08", "text": "Trad is doing here. You look at"}, {"start": "00:10:06", "end": "00:10:10", "text": "securitize, the company has to approve"}, {"start": "00:10:08", "end": "00:10:13", "text": "it for you to be able to do it. Robin"}, {"start": "00:10:10", "end": "00:10:14", "text": "Hood backpack, nobody. Uh who can buy"}, {"start": "00:10:13", "end": "00:10:17", "text": "this is an allow list. So it's kind of"}, {"start": "00:10:14", "end": "00:10:19", "text": "the insiders. That's not necessarily the"}, {"start": "00:10:17", "end": "00:10:21", "text": "Well, it's not the case with Robin Hood"}, {"start": "00:10:19", "end": "00:10:23", "text": "backpack on a DEX, no way because that's"}, {"start": "00:10:21", "end": "00:10:25", "text": "of course losing control. Robin Hood,"}, {"start": "00:10:23", "end": "00:10:27", "text": "yes, of course, Jupiter and Radium for"}, {"start": "00:10:25", "end": "00:10:30", "text": "Backpack. And then you can get a real"}, {"start": "00:10:27", "end": "00:10:33", "text": "share, but it's gated. And of course"}, {"start": "00:10:30", "end": "00:10:35", "text": "with Robin Hood it's insiders only"}, {"start": "00:10:33", "end": "00:10:37", "text": "through the model that they're using and"}, {"start": "00:10:35", "end": "00:10:39", "text": "with backpack you can actually redeem"}, {"start": "00:10:37", "end": "00:10:42", "text": "it. You could remove it to Schwab and"}, {"start": "00:10:39", "end": "00:10:44", "text": "redeem it. So this is the right way to"}, {"start": "00:10:42", "end": "00:10:45", "text": "do it. So one needs permission"}, {"start": "00:10:44", "end": "00:10:47", "text": "permission and one leaks value. The"}, {"start": "00:10:45", "end": "00:10:50", "text": "other one doesn't. So this is the"}, {"start": "00:10:47", "end": "00:10:51", "text": "compromise. This is kind of the honest"}, {"start": "00:10:50", "end": "00:10:54", "text": "honest catch to this. Trading's wide"}, {"start": "00:10:51", "end": "00:10:56", "text": "open on Jupiter. This is on Backpack any"}, {"start": "00:10:54", "end": "00:10:58", "text": "wallet. No permission. Redeeming isn't"}, {"start": "00:10:56", "end": "00:11:00", "text": "the case. This still needs a verified"}, {"start": "00:10:58", "end": "00:11:03", "text": "account. KYC at the door uh when you"}, {"start": "00:11:00", "end": "00:11:04", "text": "come back in. So this is the challenge I"}, {"start": "00:11:03", "end": "00:11:06", "text": "think that we are going to be facing."}, {"start": "00:11:04", "end": "00:11:08", "text": "Robert eventually I think is going to"}, {"start": "00:11:06", "end": "00:11:11", "text": "have to meet that kind of market"}, {"start": "00:11:08", "end": "00:11:14", "text": "pressure. It's an open market gated ex"}, {"start": "00:11:11", "end": "00:11:17", "text": "exit and it's still the better deal. So"}, {"start": "00:11:14", "end": "00:11:19", "text": "when you look at this it boils down to"}, {"start": "00:11:17", "end": "00:11:22", "text": "who wants control. If you look at Salana"}, {"start": "00:11:19", "end": "00:11:24", "text": "and unis swap the two that are really"}, {"start": "00:11:22", "end": "00:11:27", "text": "essentially democratizing how this is"}, {"start": "00:11:24", "end": "00:11:29", "text": "going to work. No allow list no company"}, {"start": "00:11:27", "end": "00:11:31", "text": "permission. the AMM on Robin Hood chain"}, {"start": "00:11:29", "end": "00:11:34", "text": "launched with day one. So they're"}, {"start": "00:11:31", "end": "00:11:36", "text": "essentially giving you open rails to win"}, {"start": "00:11:34", "end": "00:11:38", "text": "and I think that's the challenge that"}, {"start": "00:11:36", "end": "00:11:41", "text": "we're facing right now. I think we are"}, {"start": "00:11:38", "end": "00:11:43", "text": "going to have to see Tradfi make a major"}, {"start": "00:11:41", "end": "00:11:46", "text": "leap forward or things could start to"}, {"start": "00:11:43", "end": "00:11:48", "text": "change with the SEC. So let's not"}, {"start": "00:11:46", "end": "00:11:50", "text": "completely be out of the water just yet."}, {"start": "00:11:48", "end": "00:11:52", "text": "I want to finish up with this right"}, {"start": "00:11:50", "end": "00:11:54", "text": "here. Jerry Mair says it right here."}, {"start": "00:11:52", "end": "00:11:57", "text": "Over 1% of Circle is held as tokenized"}, {"start": "00:11:54", "end": "00:11:59", "text": "stock. That's 280 million more than any"}, {"start": "00:11:57", "end": "00:12:01", "text": "other publicly traded company in the"}, {"start": "00:11:59", "end": "00:12:05", "text": "world. What year the flipping? So you've"}, {"start": "00:12:01", "end": "00:12:07", "text": "got one executive that's embracing it of"}, {"start": "00:12:05", "end": "00:12:09", "text": "the next generation finance era and one"}, {"start": "00:12:07", "end": "00:12:12", "text": "executive that wants control that isn't"}, {"start": "00:12:09", "end": "00:12:14", "text": "embracing it. Think about that. Last up,"}, {"start": "00:12:12", "end": "00:12:18", "text": "I'll just take a look at Hood on the"}, {"start": "00:12:14", "end": "00:12:19", "text": "stock price. This is on the 30 minute"}, {"start": "00:12:18", "end": "00:12:21", "text": "pedaling out right now. And this of"}, {"start": "00:12:19", "end": "00:12:25", "text": "course has been after several days of"}, {"start": "00:12:21", "end": "00:12:26", "text": "uptrends on Robin Hood. great product"}, {"start": "00:12:25", "end": "00:12:29", "text": "launches, but I think they are going to"}, {"start": "00:12:26", "end": "00:12:30", "text": "have to make a new strategy here going"}, {"start": "00:12:29", "end": "00:12:32", "text": "forward when it comes to tokenized"}, {"start": "00:12:30", "end": "00:12:35", "text": "stocks. We'll cover this very closely,"}, {"start": "00:12:32", "end": "00:12:35", "text": "so stay tuned."}, {"start": "00:12:39", "end": "00:12:43", "text": "If you like this video, hit like and"}, {"start": "00:12:41", "end": "00:12:45", "text": "subscribe, drop a comment down below,"}, {"start": "00:12:43", "end": "00:12:50", "text": "and also join our free private member"}, {"start": "00:12:45", "end": "00:12:50", "text": "group. The link is in the description."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Could Robin Hood be starting a bull run"}, {"start": "00:00:02", "end": "00:00:05", "text": "right now? We're gonna be breaking that"}, {"start": "00:00:03", "end": "00:00:07", "text": "down for you guys. A lot is happening. I"}, {"start": "00:00:05", "end": "00:00:09", "text": "want to thank our sponsor today and that"}, {"start": "00:00:07", "end": "00:00:12", "text": "is Tandem where you guys can get into"}, {"start": "00:00:09", "end": "00:00:14", "text": "full self- custody. Very easy to do your"}, {"start": "00:00:12", "end": "00:00:16", "text": "secure crypto hardware wallet. And one"}, {"start": "00:00:14", "end": "00:00:18", "text": "of the things about Tandem that I think"}, {"start": "00:00:16", "end": "00:00:21", "text": "a lot of people misunderstand with"}, {"start": "00:00:18", "end": "00:00:23", "text": "self-custody is the ease of use and also"}, {"start": "00:00:21", "end": "00:00:24", "text": "the ease of being able to get this set"}, {"start": "00:00:23", "end": "00:00:27", "text": "up for you. It's like a credit card."}, {"start": "00:00:24", "end": "00:00:29", "text": "Works with your phone, always present."}, {"start": "00:00:27", "end": "00:00:30", "text": "Make sure to get a three card set so"}, {"start": "00:00:29", "end": "00:00:32", "text": "you've got a backup. But you guys, of"}, {"start": "00:00:30", "end": "00:00:34", "text": "course, can use our link down below."}, {"start": "00:00:32", "end": "00:00:36", "text": "It's going to give you a 10% discount."}, {"start": "00:00:34", "end": "00:00:38", "text": "And they also have several offers from"}, {"start": "00:00:36", "end": "00:00:40", "text": "time to time. So, always check what's"}, {"start": "00:00:38", "end": "00:00:43", "text": "going on over there on the website. This"}, {"start": "00:00:40", "end": "00:00:44", "text": "is the self custody to use. So, make"}, {"start": "00:00:43", "end": "00:00:47", "text": "sure and check it out. Tell them we sent"}, {"start": "00:00:44", "end": "00:00:49", "text": "you. I'm going to start with a clip of"}, {"start": "00:00:47", "end": "00:00:52", "text": "Matt Hogan and then we're going to bring"}, {"start": "00:00:49", "end": "00:00:53", "text": "him on live. But I want to go with this"}, {"start": "00:00:52", "end": "00:00:55", "text": "clip first. Take a look."}, {"start": "00:00:53", "end": "00:00:57", "text": ">> That's just not true. I mean, just look"}, {"start": "00:00:55", "end": "00:00:58", "text": "at that chart. one of the most beautiful"}, {"start": "00:00:57", "end": "00:01:00", "text": "charts in finance. Eventually, the"}, {"start": "00:00:58", "end": "00:01:03", "text": "market will wake up to this reality and"}, {"start": "00:01:00", "end": "00:01:06", "text": "it's going to be DeFi summer 2.0. And I"}, {"start": "00:01:03", "end": "00:01:08", "text": "think that will 10x usage. Defi summer"}, {"start": "00:01:06", "end": "00:01:10", "text": "2.0. Here we are."}, {"start": "00:01:08", "end": "00:01:11", "text": ">> There you go. You you called it, Matt. I"}, {"start": "00:01:10", "end": "00:01:15", "text": "have to give you the credit even though"}, {"start": "00:01:11", "end": "00:01:17", "text": "you were wrong. 10x season had not had"}, {"start": "00:01:15", "end": "00:01:20", "text": "in fact if you look at unis swap it, it"}, {"start": "00:01:17", "end": "00:01:23", "text": "looks more like 20x [laughter]"}, {"start": "00:01:20", "end": "00:01:26", "text": "right there. So, uh, in terms of active"}, {"start": "00:01:23", "end": "00:01:28", "text": "addresses jumping to 1.2 2 million. Of"}, {"start": "00:01:26", "end": "00:01:30", "text": "course, all of this being driven by"}, {"start": "00:01:28", "end": "00:01:33", "text": "what's happening on Robin Hood chain and"}, {"start": "00:01:30", "end": "00:01:34", "text": "now we're seeing an absolute, you know,"}, {"start": "00:01:33", "end": "00:01:36", "text": "barn burn in the market. Where do you"}, {"start": "00:01:34", "end": "00:01:39", "text": "think UniS swap heads from here? We kind"}, {"start": "00:01:36", "end": "00:01:41", "text": "of talked about that pre-show, but what"}, {"start": "00:01:39", "end": "00:01:43", "text": "does this mean for unis swap? What does"}, {"start": "00:01:41", "end": "00:01:44", "text": "this mean for Robin Hood? Kind of give"}, {"start": "00:01:43", "end": "00:01:46", "text": "me your thesis there."}, {"start": "00:01:44", "end": "00:01:48", "text": ">> Yeah, you know, the reason I was excited"}, {"start": "00:01:46", "end": "00:01:51", "text": "about the number of transactions was"}, {"start": "00:01:48", "end": "00:01:53", "text": "that you could believe in uh DeFi"}, {"start": "00:01:51", "end": "00:01:55", "text": "working. It proved itself through"}, {"start": "00:01:53", "end": "00:01:56", "text": "multiple bare market cycles. It hadn't"}, {"start": "00:01:55", "end": "00:01:58", "text": "gone away. It had strengthened. It had"}, {"start": "00:01:56", "end": "00:02:00", "text": "worked. And if we got the right"}, {"start": "00:01:58", "end": "00:02:02", "text": "regulatory setup, we got the right"}, {"start": "00:02:00", "end": "00:02:04", "text": "institutional adoption, you could see it"}, {"start": "00:02:02", "end": "00:02:06", "text": "scale dramatically. That's what we've"}, {"start": "00:02:04", "end": "00:02:08", "text": "seen on Robin Hood chain. Uh obviously"}, {"start": "00:02:06", "end": "00:02:11", "text": "that's been hugely beneficial for unis"}, {"start": "00:02:08", "end": "00:02:14", "text": "swap. We're now burning something like"}, {"start": "00:02:11", "end": "00:02:16", "text": "120, you know, $130 million in fees on"}, {"start": "00:02:14", "end": "00:02:18", "text": "an annualized run rate basis. That's"}, {"start": "00:02:16", "end": "00:02:21", "text": "probably an outdated figure. Maybe we're"}, {"start": "00:02:18", "end": "00:02:24", "text": "up to 200 million. I don't know. Um, I"}, {"start": "00:02:21", "end": "00:02:26", "text": "think this is just the start. Uh, and I"}, {"start": "00:02:24", "end": "00:02:28", "text": "think that's true for two reasons. One,"}, {"start": "00:02:26", "end": "00:02:30", "text": "I think Robin Hood chain is just going"}, {"start": "00:02:28", "end": "00:02:32", "text": "to continue to grow from here, right?"}, {"start": "00:02:30", "end": "00:02:34", "text": "We're very early in the penetration. I"}, {"start": "00:02:32", "end": "00:02:36", "text": "don't think it's being adopted,"}, {"start": "00:02:34", "end": "00:02:38", "text": "certainly not by US users. I still think"}, {"start": "00:02:36", "end": "00:02:40", "text": "it's early in its penetration into the"}, {"start": "00:02:38", "end": "00:02:43", "text": "world's mind share. So, from that"}, {"start": "00:02:40", "end": "00:02:45", "text": "perspective alone, I think uh, Uniswap"}, {"start": "00:02:43", "end": "00:02:48", "text": "has substantial growth just from Robin"}, {"start": "00:02:45", "end": "00:02:50", "text": "Hood chain. But the thing outside that"}, {"start": "00:02:48", "end": "00:02:53", "text": "is every Robin Hood competitor has to be"}, {"start": "00:02:50", "end": "00:02:55", "text": "looking at what's going on at Hood and"}, {"start": "00:02:53", "end": "00:02:57", "text": "saying they just launched a"}, {"start": "00:02:55", "end": "00:02:59", "text": "billion-dollar business in the span of a"}, {"start": "00:02:57", "end": "00:03:01", "text": "few months. Shouldn't we be doing"}, {"start": "00:02:59", "end": "00:03:03", "text": "something too? And the unique thing that"}, {"start": "00:03:01", "end": "00:03:06", "text": "Robin Hood did was that their go to"}, {"start": "00:03:03", "end": "00:03:08", "text": "market included things like unis swap,"}, {"start": "00:03:06", "end": "00:03:10", "text": "included things like morpho, included"}, {"start": "00:03:08", "end": "00:03:12", "text": "things like aerad drrome. And so if we"}, {"start": "00:03:10", "end": "00:03:14", "text": "start to see that replicating across"}, {"start": "00:03:12", "end": "00:03:17", "text": "other institutional"}, {"start": "00:03:14", "end": "00:03:19", "text": "settings, uh, you know, could we 10x"}, {"start": "00:03:17", "end": "00:03:21", "text": "again? I'm not sure, but I don't think"}, {"start": "00:03:19", "end": "00:03:23", "text": "it's been built into the price of unis"}, {"start": "00:03:21", "end": "00:03:26", "text": "swap. It's still a $5 billion asset or"}, {"start": "00:03:23", "end": "00:03:28", "text": "something that seems off by an order of"}, {"start": "00:03:26", "end": "00:03:30", "text": "magnitude to me. So I'm still very"}, {"start": "00:03:28", "end": "00:03:31", "text": "optimistic on where unis swap goes from"}, {"start": "00:03:30", "end": "00:03:33", "text": "here."}, {"start": "00:03:31", "end": "00:03:35", "text": ">> So unis swap obviously a big part of how"}, {"start": "00:03:33", "end": "00:03:37", "text": "Robin Hood chain is working. You kind of"}, {"start": "00:03:35", "end": "00:03:40", "text": "see the chart right there. Up 43%. This"}, {"start": "00:03:37", "end": "00:03:43", "text": "is just since the end of July. So you"}, {"start": "00:03:40", "end": "00:03:45", "text": "look at this kind of growth and remember"}, {"start": "00:03:43", "end": "00:03:47", "text": "Robin Hood had eclipsed right here. But"}, {"start": "00:03:45", "end": "00:03:50", "text": "this is the thing that you know I think"}, {"start": "00:03:47", "end": "00:03:52", "text": "a lot of people missed and I was one of"}, {"start": "00:03:50", "end": "00:03:55", "text": "the people that kind of I I won't say"}, {"start": "00:03:52", "end": "00:03:57", "text": "pressured them but I was very vocal in"}, {"start": "00:03:55", "end": "00:03:58", "text": "saying we need to launch faster. We need"}, {"start": "00:03:57", "end": "00:04:00", "text": "to get more products out. All these"}, {"start": "00:03:58", "end": "00:04:02", "text": "things because Vlad and the team they"}, {"start": "00:04:00", "end": "00:04:03", "text": "were promising a lot. And I kind of"}, {"start": "00:04:02", "end": "00:04:06", "text": "thought well there's no movement. And"}, {"start": "00:04:03", "end": "00:04:07", "text": "then all of a sudden now you see why"}, {"start": "00:04:06", "end": "00:04:10", "text": "there was no movement because all these"}, {"start": "00:04:07", "end": "00:04:12", "text": "strategies were being put in place. All"}, {"start": "00:04:10", "end": "00:04:14", "text": "these simultaneously almost launching at"}, {"start": "00:04:12", "end": "00:04:17", "text": "the same time in the sense of growth. So"}, {"start": "00:04:14", "end": "00:04:19", "text": "the opportunity is super uh for sure."}, {"start": "00:04:17", "end": "00:04:21", "text": "And I think you're right. I think the"}, {"start": "00:04:19", "end": "00:04:24", "text": "key here is going to be uh exponential"}, {"start": "00:04:21", "end": "00:04:26", "text": "growth coming in inbound for Hood and"}, {"start": "00:04:24", "end": "00:04:27", "text": "Hood chain. So lot to look at there. I"}, {"start": "00:04:26", "end": "00:04:30", "text": "want to go over to a clip here because"}, {"start": "00:04:27", "end": "00:04:32", "text": "this is Bloomberg talking about your"}, {"start": "00:04:30", "end": "00:04:35", "text": "sole ETF. Let's cut to that one. Another"}, {"start": "00:04:32", "end": "00:04:37", "text": "chart that looks very similar to that is"}, {"start": "00:04:35", "end": "00:04:39", "text": "Salana. Also up more than 40% in the"}, {"start": "00:04:37", "end": "00:04:41", "text": "past month as institutional money pours"}, {"start": "00:04:39", "end": "00:04:43", "text": "in. Salana just had its best week of"}, {"start": "00:04:41", "end": "00:04:45", "text": "inflows of the year last week. And if"}, {"start": "00:04:43", "end": "00:04:48", "text": "you look at the ETF tied to it, the"}, {"start": "00:04:45", "end": "00:04:50", "text": "Bitwise Salana staking ETF crossing $1"}, {"start": "00:04:48", "end": "00:04:52", "text": "billion in assets under management less"}, {"start": "00:04:50", "end": "00:04:55", "text": "than one year since its launch."}, {"start": "00:04:52", "end": "00:04:57", "text": ">> One year 1 billion. Congratulations. Uh"}, {"start": "00:04:55", "end": "00:04:59", "text": "I'm looking at Eric Balshun as he's"}, {"start": "00:04:57", "end": "00:05:02", "text": "talking about this in terms of the"}, {"start": "00:04:59", "end": "00:05:03", "text": "Bitwise ETF. Uh first of all, where do"}, {"start": "00:05:02", "end": "00:05:06", "text": "you think this goes from here? I mean,"}, {"start": "00:05:03", "end": "00:05:09", "text": "this is uh exponential growth within the"}, {"start": "00:05:06", "end": "00:05:10", "text": "Salana. Is there more appetite here?"}, {"start": "00:05:09", "end": "00:05:12", "text": ">> Well, I think there's a lot more"}, {"start": "00:05:10", "end": "00:05:14", "text": "appetite. You have to think about those"}, {"start": "00:05:12", "end": "00:05:17", "text": "inflows that Bunis is calling out there."}, {"start": "00:05:14", "end": "00:05:19", "text": "You know, 1.7 billion of inflows given"}, {"start": "00:05:17", "end": "00:05:21", "text": "that we were in a bare market."}, {"start": "00:05:19", "end": "00:05:23", "text": "Obviously, if this flips to a bull"}, {"start": "00:05:21", "end": "00:05:25", "text": "market, which many of us think we are"}, {"start": "00:05:23", "end": "00:05:27", "text": "still in the early stages of that and"}, {"start": "00:05:25", "end": "00:05:29", "text": "you have people looking for ways to"}, {"start": "00:05:27", "end": "00:05:32", "text": "invest in tokenization, I think this"}, {"start": "00:05:29", "end": "00:05:33", "text": "could be a multi-billion dollar ETF. Uh,"}, {"start": "00:05:32", "end": "00:05:35", "text": "interesting. I'm not guaranteeing that."}, {"start": "00:05:33", "end": "00:05:38", "text": "Of course, I could be wrong, but we hear"}, {"start": "00:05:35", "end": "00:05:40", "text": "a lot of demand from wealth managers,"}, {"start": "00:05:38", "end": "00:05:43", "text": "from traditional investors. How do I"}, {"start": "00:05:40", "end": "00:05:45", "text": "play the growth of tokenization?"}, {"start": "00:05:43", "end": "00:05:47", "text": "And there are many ways to answer that."}, {"start": "00:05:45", "end": "00:05:50", "text": "Hood is one way to answer that. But"}, {"start": "00:05:47", "end": "00:05:52", "text": "another way to answer that is the L1s on"}, {"start": "00:05:50", "end": "00:05:56", "text": "which this is taking place and certainly"}, {"start": "00:05:52", "end": "00:05:58", "text": "equity tokenization tokenized stocks is"}, {"start": "00:05:56", "end": "00:06:00", "text": "you know largely a Salana based"}, {"start": "00:05:58", "end": "00:06:01", "text": "phenomenon at this point and there's a"}, {"start": "00:06:00", "end": "00:06:03", "text": "there's reasons to believe it will be a"}, {"start": "00:06:01", "end": "00:06:04", "text": "leader in that space. So we think"}, {"start": "00:06:03", "end": "00:06:06", "text": "there'll be substantial demand for this"}, {"start": "00:06:04", "end": "00:06:08", "text": "ETF"}, {"start": "00:06:06", "end": "00:06:10", "text": "as we accelerate into this bull market"}, {"start": "00:06:08", "end": "00:06:14", "text": "that will maybe make the initial demand"}, {"start": "00:06:10", "end": "00:06:16", "text": "look look relatively small in scale. man"}, {"start": "00:06:14", "end": "00:06:18", "text": "uh the initial demand small and scale"}, {"start": "00:06:16", "end": "00:06:20", "text": "that's uh that's something to think"}, {"start": "00:06:18", "end": "00:06:22", "text": "about when you look at Salana as a whole"}, {"start": "00:06:20", "end": "00:06:24", "text": "especially in terms of growth"}, {"start": "00:06:22", "end": "00:06:25", "text": "opportunity here and it is one of those"}, {"start": "00:06:24", "end": "00:06:28", "text": "out there what about what do you think"}, {"start": "00:06:25", "end": "00:06:30", "text": "about staking ETFs in general in"}, {"start": "00:06:28", "end": "00:06:31", "text": "comparison how this market would respond"}, {"start": "00:06:30", "end": "00:06:34", "text": "to those"}, {"start": "00:06:31", "end": "00:06:37", "text": ">> yeah I mean look broadly I think people"}, {"start": "00:06:34", "end": "00:06:38", "text": "want to stake their Salana in the case"}, {"start": "00:06:37", "end": "00:06:41", "text": "of Salana you're talking about multiple"}, {"start": "00:06:38", "end": "00:06:44", "text": "percentage points that you can earn"}, {"start": "00:06:41", "end": "00:06:47", "text": ">> and uh I think also So, there's this"}, {"start": "00:06:44", "end": "00:06:49", "text": "movement to use institutional custody,"}, {"start": "00:06:47", "end": "00:06:50", "text": "which is a big deal. So, I I'm I'm"}, {"start": "00:06:49", "end": "00:06:53", "text": "bullish on them generally."}, {"start": "00:06:50", "end": "00:06:55", "text": ">> Yeah. I want to go to a clip here. This"}, {"start": "00:06:53", "end": "00:06:57", "text": "is Tom Lee talking about the September"}, {"start": "00:06:55", "end": "00:06:59", "text": "setup, and I want to see if you agree"}, {"start": "00:06:57", "end": "00:07:02", "text": "with this. Take a look. People are"}, {"start": "00:06:59", "end": "00:07:04", "text": "edging into September cautious because"}, {"start": "00:07:02", "end": "00:07:06", "text": "markets are down, oil's up, yields are"}, {"start": "00:07:04", "end": "00:07:08", "text": "up, and people are talking about the"}, {"start": "00:07:06", "end": "00:07:10", "text": "seasonality. I'm going to be contrarian."}, {"start": "00:07:08", "end": "00:07:12", "text": "I think this is a setup for actually"}, {"start": "00:07:10", "end": "00:07:13", "text": "September to be a strong month for"}, {"start": "00:07:12", "end": "00:07:13", "text": "stocks."}, {"start": "00:07:13", "end": "00:07:16", "text": ">> Why?"}, {"start": "00:07:13", "end": "00:07:18", "text": ">> Well, I think one is that the inflation"}, {"start": "00:07:16", "end": "00:07:21", "text": "fears are likely to quell this month. We"}, {"start": "00:07:18", "end": "00:07:25", "text": "have the jobs report to on Friday. Next"}, {"start": "00:07:21", "end": "00:07:26", "text": "week is August CPI and then we have of"}, {"start": "00:07:25", "end": "00:07:29", "text": "course the FOMC rate decision in"}, {"start": "00:07:26", "end": "00:07:30", "text": "September. I think the sequence of those"}, {"start": "00:07:29", "end": "00:07:32", "text": "events is going to show inflation is"}, {"start": "00:07:30", "end": "00:07:34", "text": "weakening and I think the odds of"}, {"start": "00:07:32", "end": "00:07:36", "text": "September hike might actually drop to"}, {"start": "00:07:34", "end": "00:07:38", "text": "zero."}, {"start": "00:07:36", "end": "00:07:40", "text": ">> All right, so there you have it. You've"}, {"start": "00:07:38", "end": "00:07:42", "text": "got Tom Lee very bullish for September."}, {"start": "00:07:40", "end": "00:07:43", "text": "First of all, do you agree with him?"}, {"start": "00:07:42", "end": "00:07:46", "text": ">> Well, I mean, he seemed to call today's"}, {"start": "00:07:43", "end": "00:07:48", "text": "rally, right? Today's rally is all about"}, {"start": "00:07:46", "end": "00:07:50", "text": "uh rate expectations coming down. I do"}, {"start": "00:07:48", "end": "00:07:52", "text": "generally agree with him. I don't think"}, {"start": "00:07:50", "end": "00:07:54", "text": "rates are a story right now. I think"}, {"start": "00:07:52", "end": "00:07:56", "text": "we're in like the great muddle or we're"}, {"start": "00:07:54", "end": "00:07:59", "text": "going to drift sideways and we're going"}, {"start": "00:07:56", "end": "00:08:02", "text": "to periodically expect rate increases"}, {"start": "00:07:59", "end": "00:08:04", "text": "and periodically expect rate cuts, but"}, {"start": "00:08:02", "end": "00:08:06", "text": "rates will be about where they are in a"}, {"start": "00:08:04", "end": "00:08:08", "text": "handful of months. I think the story is"}, {"start": "00:08:06", "end": "00:08:11", "text": "more on the fiscal side. I think there's"}, {"start": "00:08:08", "end": "00:08:13", "text": "a lot of bull cases um for Bitcoin. But"}, {"start": "00:08:11", "end": "00:08:15", "text": "yeah, there you go. Look, I I I think"}, {"start": "00:08:13", "end": "00:08:18", "text": "this is we're we're in something that"}, {"start": "00:08:15", "end": "00:08:19", "text": "looks more like the Greenspan Fed era"}, {"start": "00:08:18", "end": "00:08:22", "text": "where rates were relatively bounded for"}, {"start": "00:08:19", "end": "00:08:24", "text": "a sustained period of time. Um but I do"}, {"start": "00:08:22", "end": "00:08:26", "text": "think look, Tom called it right. I think"}, {"start": "00:08:24", "end": "00:08:28", "text": "he literally called today's rally. This"}, {"start": "00:08:26", "end": "00:08:29", "text": "is why we're rallying today. I'm"}, {"start": "00:08:28", "end": "00:08:31", "text": "relatively optimistic going into the end"}, {"start": "00:08:29", "end": "00:08:32", "text": "of the year."}, {"start": "00:08:31", "end": "00:08:37", "text": "You know, it's very interesting to me"}, {"start": "00:08:32", "end": "00:08:38", "text": "because uh Trump has been on record just"}, {"start": "00:08:37", "end": "00:08:40", "text": "the other day in the Oval Office. He was"}, {"start": "00:08:38", "end": "00:08:41", "text": "asked point blank, you know, what do you"}, {"start": "00:08:40", "end": "00:08:44", "text": "think is going to happen here next week"}, {"start": "00:08:41", "end": "00:08:46", "text": "in the FOMC? Uh what happens if they"}, {"start": "00:08:44", "end": "00:08:47", "text": "raise rates? He says, hey, we, you know,"}, {"start": "00:08:46", "end": "00:08:50", "text": "we have the lowest interest rates"}, {"start": "00:08:47", "end": "00:08:52", "text": "worldwide. He'll do what he needs to do."}, {"start": "00:08:50", "end": "00:08:56", "text": "And you go into just what it was looking"}, {"start": "00:08:52", "end": "00:08:59", "text": "like yesterday, September 6th, at 6:00"}, {"start": "00:08:56", "end": "00:09:01", "text": "a.m. we were at a 59%"}, {"start": "00:08:59", "end": "00:09:03", "text": "uh and then of course all of this fell"}, {"start": "00:09:01", "end": "00:09:04", "text": "through and boom, right there it just"}, {"start": "00:09:03", "end": "00:09:07", "text": "started to drop and the market of course"}, {"start": "00:09:04", "end": "00:09:10", "text": "responded. So now no change in order"}, {"start": "00:09:07", "end": "00:09:12", "text": "almost a flip from where we are in the"}, {"start": "00:09:10", "end": "00:09:15", "text": "beginning of the week."}, {"start": "00:09:12", "end": "00:09:18", "text": ">> Why and how do you think this happens?"}, {"start": "00:09:15", "end": "00:09:21", "text": "Well, I think it's it's part and parcel"}, {"start": "00:09:18", "end": "00:09:23", "text": "of the the Worsh Fed, right? In the POW"}, {"start": "00:09:21", "end": "00:09:25", "text": "Fed, we talked about forward guidance."}, {"start": "00:09:23", "end": "00:09:28", "text": "We had the dot plots. We had"}, {"start": "00:09:25", "end": "00:09:30", "text": "expectations. Uh Wars came in and said"}, {"start": "00:09:28", "end": "00:09:32", "text": "we'll be data dependent and driven by"}, {"start": "00:09:30", "end": "00:09:34", "text": "what's going on in the market. And what"}, {"start": "00:09:32", "end": "00:09:38", "text": "that means is as more market signals"}, {"start": "00:09:34", "end": "00:09:40", "text": "come in, you can see this data flip. I"}, {"start": "00:09:38", "end": "00:09:42", "text": "think the real story on inflation is"}, {"start": "00:09:40", "end": "00:09:45", "text": "it's slightly elevated. It's slightly"}, {"start": "00:09:42", "end": "00:09:47", "text": "coming down, but it's a bumpy road. And"}, {"start": "00:09:45", "end": "00:09:48", "text": "I expect that will continue into the"}, {"start": "00:09:47", "end": "00:09:50", "text": "future. That's why I think this is the"}, {"start": "00:09:48", "end": "00:09:52", "text": "great muddle. That's why I think, you"}, {"start": "00:09:50", "end": "00:09:54", "text": "know, Wars basically is going to sit on"}, {"start": "00:09:52", "end": "00:09:56", "text": "his hands uh for a long period of time"}, {"start": "00:09:54", "end": "00:09:58", "text": "until you get an overwhelming data"}, {"start": "00:09:56", "end": "00:10:00", "text": "signal. But that's the era we're in."}, {"start": "00:09:58", "end": "00:10:02", "text": "We're in a datadriven Fed and so every"}, {"start": "00:10:00", "end": "00:10:05", "text": "data point is going to adjust those"}, {"start": "00:10:02", "end": "00:10:07", "text": "expectations. But I think for an"}, {"start": "00:10:05", "end": "00:10:10", "text": "investor, the thing to focus on is we're"}, {"start": "00:10:07", "end": "00:10:11", "text": "going to be in this like threes zone for"}, {"start": "00:10:10", "end": "00:10:14", "text": "a while."}, {"start": "00:10:11", "end": "00:10:16", "text": ">> The story isn't going to be rates. It's"}, {"start": "00:10:14", "end": "00:10:18", "text": "going to occupy headlines. It's going to"}, {"start": "00:10:16", "end": "00:10:20", "text": "get a lot of coverage, but the story"}, {"start": "00:10:18", "end": "00:10:22", "text": "isn't going to be rates. It's do we see"}, {"start": "00:10:20", "end": "00:10:24", "text": "more interventions from Bessen and the"}, {"start": "00:10:22", "end": "00:10:26", "text": "Treasury side. Do we see more action in"}, {"start": "00:10:24", "end": "00:10:28", "text": "Japan? I actually think that's where the"}, {"start": "00:10:26", "end": "00:10:30", "text": "macro focus is, and that's right now"}, {"start": "00:10:28", "end": "00:10:31", "text": "pushing in a very bullish direction for"}, {"start": "00:10:30", "end": "00:10:33", "text": "Bitcoin."}, {"start": "00:10:31", "end": "00:10:35", "text": ">> Yeah. Yeah. Well, and you've got other"}, {"start": "00:10:33", "end": "00:10:37", "text": "things that are kind of leaning into"}, {"start": "00:10:35", "end": "00:10:39", "text": "what's going on in crypto. You've got uh"}, {"start": "00:10:37", "end": "00:10:41", "text": "the SEC chair Paul Atkins saying, \"Hey,"}, {"start": "00:10:39", "end": "00:10:43", "text": "yes, we think that we're headed for a"}, {"start": "00:10:41", "end": "00:10:45", "text": "Senate vote coming on the 15th.\" That's"}, {"start": "00:10:43", "end": "00:10:48", "text": "just here what 10 days away it feels"}, {"start": "00:10:45", "end": "00:10:49", "text": "like. When you look at that right now,"}, {"start": "00:10:48", "end": "00:10:52", "text": "especially with the alignment because"}, {"start": "00:10:49", "end": "00:10:54", "text": "the poly market is still very negative"}, {"start": "00:10:52", "end": "00:10:56", "text": "on this in terms of getting through for"}, {"start": "00:10:54", "end": "00:10:57", "text": "closure. What's your position right now?"}, {"start": "00:10:56", "end": "00:11:00", "text": "Are you still very"}, {"start": "00:10:57", "end": "00:11:02", "text": ">> Well, I think Yep. Well, I I'm positive"}, {"start": "00:11:00", "end": "00:11:05", "text": "on it from a market signal. I think the"}, {"start": "00:11:02", "end": "00:11:07", "text": "probability is probably lower than 50%."}, {"start": "00:11:05", "end": "00:11:09", "text": "Okay. But as you indicated, the"}, {"start": "00:11:07", "end": "00:11:10", "text": "consensus in the market is it ain't"}, {"start": "00:11:09", "end": "00:11:13", "text": "happening. Right. So the market has"}, {"start": "00:11:10", "end": "00:11:15", "text": "priced it in as not happening."}, {"start": "00:11:13", "end": "00:11:18", "text": "Therefore, it's either a non-event if it"}, {"start": "00:11:15", "end": "00:11:20", "text": "fails or an extraordinary positive"}, {"start": "00:11:18", "end": "00:11:23", "text": "catalyst, an upside surprise, right?"}, {"start": "00:11:20", "end": "00:11:25", "text": "It's like going into an earnings event,"}, {"start": "00:11:23", "end": "00:11:28", "text": "uh, expecting no earnings or very low"}, {"start": "00:11:25", "end": "00:11:29", "text": "earnings and you sort of only have the"}, {"start": "00:11:28", "end": "00:11:31", "text": "potential for a positive upside"}, {"start": "00:11:29", "end": "00:11:33", "text": "catalyst. I think crypto is fine in"}, {"start": "00:11:31", "end": "00:11:35", "text": "either scenario. If we don't get"}, {"start": "00:11:33", "end": "00:11:38", "text": "clarity, Atkins will continue to act in"}, {"start": "00:11:35", "end": "00:11:40", "text": "the way that he has, dripping new rules"}, {"start": "00:11:38", "end": "00:11:42", "text": "every few weeks that sort of define this"}, {"start": "00:11:40", "end": "00:11:44", "text": "outside of the clarity bounds. If we get"}, {"start": "00:11:42", "end": "00:11:47", "text": "clarity, I think it's a runaway bull"}, {"start": "00:11:44", "end": "00:11:49", "text": "market and we're quickly back up towards"}, {"start": "00:11:47", "end": "00:11:53", "text": "six figure Bitcoin, uh, substantially"}, {"start": "00:11:49", "end": "00:11:54", "text": "higher ETH, and much higher DeFi prices."}, {"start": "00:11:53", "end": "00:11:57", "text": ">> Yeah, for sure. Well, one of the things"}, {"start": "00:11:54", "end": "00:11:59", "text": "that is starting to kind of lead in that"}, {"start": "00:11:57", "end": "00:12:02", "text": "direction is what the SEC is doing on"}, {"start": "00:11:59", "end": "00:12:04", "text": "their 24-hour trading round table. This,"}, {"start": "00:12:02", "end": "00:12:07", "text": "of course, setting up right now, and it"}, {"start": "00:12:04", "end": "00:12:08", "text": "looks to be a kind of the who's who."}, {"start": "00:12:07", "end": "00:12:11", "text": "They're going to kind of break it down"}, {"start": "00:12:08", "end": "00:12:13", "text": "into three different panels. They've got"}, {"start": "00:12:11", "end": "00:12:15", "text": "one that's going to be looking at, you"}, {"start": "00:12:13", "end": "00:12:17", "text": "know, 24-hour trading as a an overall"}, {"start": "00:12:15", "end": "00:12:20", "text": "strategy. They're going to have the"}, {"start": "00:12:17", "end": "00:12:22", "text": "resiliency side of it. That's panel two."}, {"start": "00:12:20", "end": "00:12:24", "text": "And then panel three is talking about"}, {"start": "00:12:22", "end": "00:12:26", "text": "kind of where do we go from here. When"}, {"start": "00:12:24", "end": "00:12:29", "text": "you look at what the SEC is doing when"}, {"start": "00:12:26", "end": "00:12:33", "text": "the idea of what we could be seeing in"}, {"start": "00:12:29", "end": "00:12:35", "text": "the US very soon is that 24/7 trading."}, {"start": "00:12:33", "end": "00:12:37", "text": "This seems to be like they already have"}, {"start": "00:12:35", "end": "00:12:38", "text": "a road map."}, {"start": "00:12:37", "end": "00:12:40", "text": ">> I think there's two things that are fade"}, {"start": "00:12:38", "end": "00:12:42", "text": "to complete and it tells you everything"}, {"start": "00:12:40", "end": "00:12:45", "text": "about how you should be positioning your"}, {"start": "00:12:42", "end": "00:12:47", "text": "portfolio. Uh the first is, you know,"}, {"start": "00:12:45", "end": "00:12:50", "text": "regardless of what happens on the"}, {"start": "00:12:47", "end": "00:12:54", "text": "Clarity Act, the SEC is going to find a"}, {"start": "00:12:50", "end": "00:12:57", "text": "way to move us to a tokenized 247 365"}, {"start": "00:12:54", "end": "00:12:58", "text": "trading environment. Atkins has said"}, {"start": "00:12:57", "end": "00:13:00", "text": "this is the biggest upgrade in how"}, {"start": "00:12:58", "end": "00:13:02", "text": "financial markets work since we went"}, {"start": "00:13:00", "end": "00:13:04", "text": "from floor-based trading to digital"}, {"start": "00:13:02", "end": "00:13:06", "text": "trading. I think that he wants this to"}, {"start": "00:13:04", "end": "00:13:09", "text": "be his legacy, that he moved us into"}, {"start": "00:13:06", "end": "00:13:12", "text": "this modern world of instant settlement"}, {"start": "00:13:09", "end": "00:13:14", "text": "and 247 trading. I think that is going"}, {"start": "00:13:12", "end": "00:13:17", "text": "to happen regardless. And the second is"}, {"start": "00:13:14", "end": "00:13:19", "text": "related to that which is look the world"}, {"start": "00:13:17", "end": "00:13:22", "text": "is moving to tokenized rails. It may"}, {"start": "00:13:19", "end": "00:13:25", "text": "take 6 months, it may take 2 years, it"}, {"start": "00:13:22", "end": "00:13:26", "text": "may take 3 years, but we're going to"}, {"start": "00:13:25", "end": "00:13:28", "text": "move to a world where all assets are"}, {"start": "00:13:26", "end": "00:13:30", "text": "tokenized and they are all traded on"}, {"start": "00:13:28", "end": "00:13:33", "text": "blockchain based rails. What I think"}, {"start": "00:13:30", "end": "00:13:36", "text": "that agenda points out is the exact"}, {"start": "00:13:33", "end": "00:13:38", "text": "specifics of how that happens are still"}, {"start": "00:13:36", "end": "00:13:39", "text": "a little bit unclear. What does that"}, {"start": "00:13:38", "end": "00:13:42", "text": "mean as an investor? That means that"}, {"start": "00:13:39", "end": "00:13:44", "text": "making any one singular bet is probably"}, {"start": "00:13:42", "end": "00:13:47", "text": "relatively risky. Saying it's going to"}, {"start": "00:13:44", "end": "00:13:51", "text": "happen exactly this way. I'm going to"}, {"start": "00:13:47", "end": "00:13:52", "text": "put all my chips only on Salana and"}, {"start": "00:13:51", "end": "00:13:56", "text": "that's going to be it. That's probably"}, {"start": "00:13:52", "end": "00:13:57", "text": "risky. A safer approach is to say"}, {"start": "00:13:56", "end": "00:13:59", "text": "innovators are going to win on this"}, {"start": "00:13:57", "end": "00:14:01", "text": "space. I want to own some Hood. I want"}, {"start": "00:13:59", "end": "00:14:03", "text": "to own some Salana. I want to own some"}, {"start": "00:14:01", "end": "00:14:05", "text": "unis swap. I want to own some Ethereum."}, {"start": "00:14:03", "end": "00:14:07", "text": "That's a mega trend. That's a super"}, {"start": "00:14:05", "end": "00:14:09", "text": "cycle that I want to get behind. I think"}, {"start": "00:14:07", "end": "00:14:11", "text": "investors who take that diversified"}, {"start": "00:14:09", "end": "00:14:13", "text": "approach have a probably a great chance"}, {"start": "00:14:11", "end": "00:14:14", "text": "of success. Investors who are picking"}, {"start": "00:14:13", "end": "00:14:16", "text": "and choosing, you should know that"}, {"start": "00:14:14", "end": "00:14:18", "text": "there's still uncertainty in exactly how"}, {"start": "00:14:16", "end": "00:14:20", "text": "this happens and who the winners are."}, {"start": "00:14:18", "end": "00:14:22", "text": "But make no mistake, it's going to"}, {"start": "00:14:20", "end": "00:14:23", "text": "happen. That's what the market is"}, {"start": "00:14:22", "end": "00:14:25", "text": "telling you."}, {"start": "00:14:23", "end": "00:14:28", "text": ">> Your tweet right here, people are making"}, {"start": "00:14:25", "end": "00:14:32", "text": "two compounding mistakes when evaluating"}, {"start": "00:14:28", "end": "00:14:33", "text": "DeFi. Um market size, one people think"}, {"start": "00:14:32", "end": "00:14:35", "text": "it's kind of the crypto market size."}, {"start": "00:14:33", "end": "00:14:37", "text": "you're saying, \"No, it's a $500 trillion"}, {"start": "00:14:35", "end": "00:14:39", "text": "asset market.\" And then the value"}, {"start": "00:14:37", "end": "00:14:42", "text": "capture, people think they've maximized"}, {"start": "00:14:39", "end": "00:14:44", "text": "the Fegen when they're really just"}, {"start": "00:14:42", "end": "00:14:47", "text": "getting going. So, I think everybody is"}, {"start": "00:14:44", "end": "00:14:49", "text": "now starting to wake up to this. The"}, {"start": "00:14:47", "end": "00:14:51", "text": "more I talk to fairly sophisticated"}, {"start": "00:14:49", "end": "00:14:53", "text": "investors, they're already there, but"}, {"start": "00:14:51", "end": "00:14:55", "text": "even new people coming into the market"}, {"start": "00:14:53", "end": "00:14:57", "text": "understanding what this means, they're"}, {"start": "00:14:55", "end": "00:14:59", "text": "starting to get the picture here. Are do"}, {"start": "00:14:57", "end": "00:15:01", "text": "you first of all do you think we are are"}, {"start": "00:14:59", "end": "00:15:05", "text": "vaults kind of an easier adoption"}, {"start": "00:15:01", "end": "00:15:07", "text": "product for those kinds of investors?"}, {"start": "00:15:05", "end": "00:15:08", "text": ">> I think there I do I do agree with you"}, {"start": "00:15:07", "end": "00:15:10", "text": "that they're starting to get the picture"}, {"start": "00:15:08", "end": "00:15:13", "text": "that that what's happening on this"}, {"start": "00:15:10", "end": "00:15:15", "text": "crypto side is just sort of fintech 2.0"}, {"start": "00:15:13", "end": "00:15:17", "text": "and that these are real entities with"}, {"start": "00:15:15", "end": "00:15:20", "text": "real revenue and they're tacking real"}, {"start": "00:15:17", "end": "00:15:21", "text": "markets and the opportunity is very"}, {"start": "00:15:20", "end": "00:15:24", "text": "scalable. I think, you know,"}, {"start": "00:15:21", "end": "00:15:27", "text": "specifically to things like vaults and I"}, {"start": "00:15:24", "end": "00:15:30", "text": "know we want to talk about ATPs. I think"}, {"start": "00:15:27", "end": "00:15:32", "text": "you're seeing people productize this in"}, {"start": "00:15:30", "end": "00:15:35", "text": "a way that makes it readable for"}, {"start": "00:15:32", "end": "00:15:37", "text": "investors. It's one thing to say there"}, {"start": "00:15:35", "end": "00:15:40", "text": "are these onchain credits which you can"}, {"start": "00:15:37", "end": "00:15:42", "text": "go and do your due diligence on and uh"}, {"start": "00:15:40", "end": "00:15:44", "text": "do your own credit analysis and evaluate"}, {"start": "00:15:42", "end": "00:15:46", "text": "and allocate to them. That's probably"}, {"start": "00:15:44", "end": "00:15:48", "text": "outside the bounds of what most people"}, {"start": "00:15:46", "end": "00:15:51", "text": "want to do. What a vault does"}, {"start": "00:15:48", "end": "00:15:53", "text": ">> is an institutional manager like Bitwise"}, {"start": "00:15:51", "end": "00:15:54", "text": "will do the due diligence. We'll"}, {"start": "00:15:53", "end": "00:15:57", "text": "evaluate the credit. We'll evaluate the"}, {"start": "00:15:54", "end": "00:15:59", "text": "smart contracts. We'll set up rules and"}, {"start": "00:15:57", "end": "00:16:01", "text": "then allow you to access those yields"}, {"start": "00:15:59", "end": "00:16:04", "text": "without requiring you to be on the front"}, {"start": "00:16:01", "end": "00:16:06", "text": "lines of curating those exact exposures."}, {"start": "00:16:04", "end": "00:16:08", "text": "Look, that's that's how this market"}, {"start": "00:16:06", "end": "00:16:10", "text": "matures. First, you do it in a raw"}, {"start": "00:16:08", "end": "00:16:12", "text": "sense. You make those assets available"}, {"start": "00:16:10", "end": "00:16:14", "text": "and then you have curators on top of"}, {"start": "00:16:12", "end": "00:16:16", "text": "that who do the due diligence work that"}, {"start": "00:16:14", "end": "00:16:18", "text": "you want to outsource to package them."}, {"start": "00:16:16", "end": "00:16:20", "text": "together together and deliver the"}, {"start": "00:16:18", "end": "00:16:22", "text": "exposure you want. I do think we're"}, {"start": "00:16:20", "end": "00:16:23", "text": "going to see more and more of that in"}, {"start": "00:16:22", "end": "00:16:26", "text": "the future."}, {"start": "00:16:23", "end": "00:16:28", "text": ">> Okay. So, uh with all of that happening,"}, {"start": "00:16:26", "end": "00:16:30", "text": "you've got automated tokenized uh stock"}, {"start": "00:16:28", "end": "00:16:33", "text": "portfolios. You guys have wrote the ATPs"}, {"start": "00:16:30", "end": "00:16:36", "text": "have rolled out the likelihood of this"}, {"start": "00:16:33", "end": "00:16:38", "text": "uh first of all beginning, you know,"}, {"start": "00:16:36", "end": "00:16:41", "text": "give us kind of a framework or where you"}, {"start": "00:16:38", "end": "00:16:42", "text": "see this heading from here and some of"}, {"start": "00:16:41", "end": "00:16:44", "text": "the key points. I think you outlined a"}, {"start": "00:16:42", "end": "00:16:46", "text": "couple of them there, but can you go"}, {"start": "00:16:44", "end": "00:16:48", "text": "further? I'm I'm really bullish on"}, {"start": "00:16:46", "end": "00:16:51", "text": "automated token portfolios. For what"}, {"start": "00:16:48", "end": "00:16:54", "text": "it's worth, what those are is uh a firm"}, {"start": "00:16:51", "end": "00:16:56", "text": "will create a model like Bitwise"}, {"start": "00:16:54", "end": "00:16:59", "text": "capturing a theme in the market. It"}, {"start": "00:16:56", "end": "00:17:01", "text": "could be robotics, it could be cyber"}, {"start": "00:16:59", "end": "00:17:04", "text": "defense, it could be a narrow theme like"}, {"start": "00:17:01", "end": "00:17:06", "text": "Chinese robotics. create a model and"}, {"start": "00:17:04", "end": "00:17:09", "text": "then individual users can subscribe to"}, {"start": "00:17:06", "end": "00:17:12", "text": "that model and the stocks in that model"}, {"start": "00:17:09", "end": "00:17:14", "text": "will be automatically purchased in their"}, {"start": "00:17:12", "end": "00:17:16", "text": "individual portfolios and their wallets."}, {"start": "00:17:14", "end": "00:17:18", "text": "I think this is how asset management"}, {"start": "00:17:16", "end": "00:17:20", "text": "will work in the future. If you think"}, {"start": "00:17:18", "end": "00:17:22", "text": "about what asset management is today,"}, {"start": "00:17:20", "end": "00:17:24", "text": "you have an asset manager creates a"}, {"start": "00:17:22", "end": "00:17:26", "text": "legal fund vehicle with a fund board"}, {"start": "00:17:24", "end": "00:17:29", "text": "that holds custody. Millions of"}, {"start": "00:17:26", "end": "00:17:31", "text": "investors deposit their money into this"}, {"start": "00:17:29", "end": "00:17:32", "text": "single pulled vehicle and then you"}, {"start": "00:17:31", "end": "00:17:35", "text": "manage that vehicle. There's a lot of"}, {"start": "00:17:32", "end": "00:17:38", "text": "junk in that process. What an ATP is is"}, {"start": "00:17:35", "end": "00:17:40", "text": "it use tokenized stocks. It uses smart"}, {"start": "00:17:38", "end": "00:17:43", "text": "contract technology to just remove all"}, {"start": "00:17:40", "end": "00:17:46", "text": "that junk. What you want is exposure to"}, {"start": "00:17:43", "end": "00:17:48", "text": "robotics, professionally managed portfol"}, {"start": "00:17:46", "end": "00:17:51", "text": "or guided portfolios, constructed"}, {"start": "00:17:48", "end": "00:17:53", "text": "portfolios that you can subscribe to"}, {"start": "00:17:51", "end": "00:17:54", "text": "without all the junk in the middle. So,"}, {"start": "00:17:53", "end": "00:17:57", "text": "where do I think this goes? I think"}, {"start": "00:17:54", "end": "00:17:59", "text": "they're going to be literally trillions"}, {"start": "00:17:57", "end": "00:18:01", "text": "of dollars in ATPs at some point in the"}, {"start": "00:17:59", "end": "00:18:04", "text": "future. Obviously, we're about one week"}, {"start": "00:18:01", "end": "00:18:06", "text": "in, right? One weekend into ETFs. No one"}, {"start": "00:18:04", "end": "00:18:09", "text": "knew what they were. In fact, it took,"}, {"start": "00:18:06", "end": "00:18:11", "text": "you know, 10, 15 years for ETFs to"}, {"start": "00:18:09", "end": "00:18:14", "text": "really take off. I think ATPs are that"}, {"start": "00:18:11", "end": "00:18:16", "text": "style opportunity. It I think it's how"}, {"start": "00:18:14", "end": "00:18:19", "text": "people are going to access asset"}, {"start": "00:18:16", "end": "00:18:21", "text": "management in traditional vehicles. And"}, {"start": "00:18:19", "end": "00:18:23", "text": "I think you'll see a lot of innovation"}, {"start": "00:18:21", "end": "00:18:26", "text": "from firms like Bitwise in terms of what"}, {"start": "00:18:23", "end": "00:18:28", "text": "we can do in ATPs, including some stuff,"}, {"start": "00:18:26", "end": "00:18:30", "text": "Paul, that we can't do in ETFs. uh"}, {"start": "00:18:28", "end": "00:18:32", "text": "because this is a more flexible"}, {"start": "00:18:30", "end": "00:18:33", "text": "lightweight rapper."}, {"start": "00:18:32", "end": "00:18:35", "text": ">> Yeah, I think this is going to be an"}, {"start": "00:18:33", "end": "00:18:39", "text": "interesting model going forward because"}, {"start": "00:18:35", "end": "00:18:41", "text": "as we we see how these might work, the"}, {"start": "00:18:39", "end": "00:18:43", "text": "opportunities seem to be much greater at"}, {"start": "00:18:41", "end": "00:18:44", "text": "least to the upside, you know,"}, {"start": "00:18:43", "end": "00:18:46", "text": "especially as the market starts to"}, {"start": "00:18:44", "end": "00:18:48", "text": "mature with digital assets."}, {"start": "00:18:46", "end": "00:18:51", "text": ">> I think there's going to be incredible"}, {"start": "00:18:48", "end": "00:18:53", "text": "opportunities of finely tuned themes of"}, {"start": "00:18:51", "end": "00:18:57", "text": "things that bear that combine crypto"}, {"start": "00:18:53", "end": "00:19:00", "text": "assets and equities or per assets. Um,"}, {"start": "00:18:57", "end": "00:19:02", "text": "look, again, I think this is a major way"}, {"start": "00:19:00", "end": "00:19:04", "text": "on how we're seeing how asset management"}, {"start": "00:19:02", "end": "00:19:05", "text": "is going to work in this tokenized age."}, {"start": "00:19:04", "end": "00:19:07", "text": "They're going to be vaults, they're"}, {"start": "00:19:05", "end": "00:19:09", "text": "going to be ATPs, there'll probably be a"}, {"start": "00:19:07", "end": "00:19:12", "text": "few other vehicles that make tokenized"}, {"start": "00:19:09", "end": "00:19:14", "text": "assets readable to end investors. But"}, {"start": "00:19:12", "end": "00:19:15", "text": "make no mistake, I think it's going to"}, {"start": "00:19:14", "end": "00:19:16", "text": "be a multi-t trillion dollar market."}, {"start": "00:19:15", "end": "00:19:19", "text": "That's one of the reasons why Bitwise is"}, {"start": "00:19:16", "end": "00:19:20", "text": "excited to be uh an early pioneer in the"}, {"start": "00:19:19", "end": "00:19:22", "text": "space."}, {"start": "00:19:20", "end": "00:19:24", "text": ">> Speaking of vaults, I'm looking here at"}, {"start": "00:19:22", "end": "00:19:26", "text": "the Bitwise uh vault on Morpho. You can"}, {"start": "00:19:24", "end": "00:19:30", "text": "kind of see the comparison here with ETH"}, {"start": "00:19:26", "end": "00:19:34", "text": "and base. You look over on Jupa"}, {"start": "00:19:30", "end": "00:19:37", "text": "Bitwise. Also, this total supply capped"}, {"start": "00:19:34", "end": "00:19:39", "text": "up at around 500 million. Why the cap"}, {"start": "00:19:37", "end": "00:19:40", "text": "here? Because now it's growing on"}, {"start": "00:19:39", "end": "00:19:42", "text": "Salana."}, {"start": "00:19:40", "end": "00:19:43", "text": ">> Yeah. Why capping?"}, {"start": "00:19:42", "end": "00:19:45", "text": ">> On any of these vaults, you have to"}, {"start": "00:19:43", "end": "00:19:46", "text": "think about the available exposure that"}, {"start": "00:19:45", "end": "00:19:48", "text": "you can get, right? You know, it's an"}, {"start": "00:19:46", "end": "00:19:50", "text": "infinite pool of capital. If you take"}, {"start": "00:19:48", "end": "00:19:53", "text": "this to infinity, Paul, you can imagine,"}, {"start": "00:19:50", "end": "00:19:54", "text": "could we do uh $10 trillion in this"}, {"start": "00:19:53", "end": "00:19:57", "text": "vault? we definitely couldn't. There"}, {"start": "00:19:54", "end": "00:19:59", "text": "isn't that exposure. Um, so you need you"}, {"start": "00:19:57", "end": "00:20:00", "text": "need to you style it like that. But"}, {"start": "00:19:59", "end": "00:20:02", "text": "we're very excited to continue to roll"}, {"start": "00:20:00", "end": "00:20:05", "text": "out these vaults. You know, we we"}, {"start": "00:20:02", "end": "00:20:08", "text": "launched the the Papy uh vault uh"}, {"start": "00:20:05", "end": "00:20:10", "text": "premium APY on Morpho uh which holds"}, {"start": "00:20:08", "end": "00:20:13", "text": "real world asset exposure. That's the"}, {"start": "00:20:10", "end": "00:20:16", "text": "interesting thing here. It's not sort of"}, {"start": "00:20:13", "end": "00:20:18", "text": "fictional pointsbased yield. If you look"}, {"start": "00:20:16", "end": "00:20:19", "text": "at something like Papy, what you're"}, {"start": "00:20:18", "end": "00:20:21", "text": "talking about is getting exposure to"}, {"start": "00:20:19", "end": "00:20:24", "text": "crossber finance. You're getting"}, {"start": "00:20:21", "end": "00:20:26", "text": "exposure to GPU rentals. Uh you're"}, {"start": "00:20:24", "end": "00:20:28", "text": "getting exposure to yields coming out of"}, {"start": "00:20:26", "end": "00:20:31", "text": "HELOCs. Those are very traditional"}, {"start": "00:20:28", "end": "00:20:34", "text": "credits, but they can be packaged into"}, {"start": "00:20:31", "end": "00:20:35", "text": "this onchain format made available via a"}, {"start": "00:20:34", "end": "00:20:38", "text": "smart contract."}, {"start": "00:20:35", "end": "00:20:40", "text": ">> I think it's a beautiful example of how"}, {"start": "00:20:38", "end": "00:20:42", "text": "traditional finance and onchain finance"}, {"start": "00:20:40", "end": "00:20:43", "text": "come together. And we've already seen,"}, {"start": "00:20:42", "end": "00:20:46", "text": "you know, a few million dollars uh flow"}, {"start": "00:20:43", "end": "00:20:48", "text": "into that. It's it's been pretty great."}, {"start": "00:20:46", "end": "00:20:50", "text": "using Agora there on the stable coin."}, {"start": "00:20:48", "end": "00:20:53", "text": "You can kind of see the breakdown here"}, {"start": "00:20:50", "end": "00:20:55", "text": "by Bitwise. Uh which is interesting when"}, {"start": "00:20:53", "end": "00:20:58", "text": "you look at how you guys are doing this."}, {"start": "00:20:55", "end": "00:21:00", "text": "First of all, real world assets."}, {"start": "00:20:58", "end": "00:21:02", "text": "What what is backing this up? When you"}, {"start": "00:21:00", "end": "00:21:04", "text": "say real world asset, what kind of real"}, {"start": "00:21:02", "end": "00:21:05", "text": "world asset would that be?"}, {"start": "00:21:04", "end": "00:21:08", "text": ">> Yeah, things like yields coming out of"}, {"start": "00:21:05", "end": "00:21:10", "text": "of home equity loans, right? You don't"}, {"start": "00:21:08", "end": "00:21:13", "text": "get much more real than that. So part of"}, {"start": "00:21:10", "end": "00:21:16", "text": "this exposure is into uh into into"}, {"start": "00:21:13", "end": "00:21:20", "text": "HELOCs provided by Figure uh things like"}, {"start": "00:21:16", "end": "00:21:22", "text": "crossber finance uh from Huma PST. Uh"}, {"start": "00:21:20", "end": "00:21:25", "text": "crossber finance is a massive industry"}, {"start": "00:21:22", "end": "00:21:27", "text": "globally and uh we can package that up"}, {"start": "00:21:25", "end": "00:21:29", "text": "and deliver that in a vault-like"}, {"start": "00:21:27", "end": "00:21:31", "text": "setting. That's how you're able to get"}, {"start": "00:21:29", "end": "00:21:34", "text": "yields that are above"}, {"start": "00:21:31", "end": "00:21:36", "text": "uh currently above short-term treasury"}, {"start": "00:21:34", "end": "00:21:38", "text": "yields even for overcolateralized"}, {"start": "00:21:36", "end": "00:21:40", "text": "positions, right? because you're"}, {"start": "00:21:38", "end": "00:21:42", "text": "accessing these very real world yields"}, {"start": "00:21:40", "end": "00:21:44", "text": "that won't go away. I think that's why"}, {"start": "00:21:42", "end": "00:21:47", "text": "it's appealing in the market. So many"}, {"start": "00:21:44", "end": "00:21:50", "text": "yields across the history of crypto have"}, {"start": "00:21:47", "end": "00:21:52", "text": "been fictional, fleeting, and fake. And"}, {"start": "00:21:50", "end": "00:21:54", "text": "that's gotten crypto into a lot of"}, {"start": "00:21:52", "end": "00:21:56", "text": "problems. It's really nice that we're at"}, {"start": "00:21:54", "end": "00:21:58", "text": "the point now that we're talking about"}, {"start": "00:21:56", "end": "00:21:59", "text": "things like home equity lines of credit,"}, {"start": "00:21:58", "end": "00:22:01", "text": "right, which is one of the most"}, {"start": "00:21:59", "end": "00:22:03", "text": "traditional sources of yield in in in"}, {"start": "00:22:01", "end": "00:22:06", "text": "the markets, and we're able to package"}, {"start": "00:22:03", "end": "00:22:08", "text": "that in a tokenized or a fault-like"}, {"start": "00:22:06", "end": "00:22:10", "text": "factor. Um, I think it's an example of"}, {"start": "00:22:08", "end": "00:22:12", "text": "where this whole thing is going and why"}, {"start": "00:22:10", "end": "00:22:14", "text": "to get to one of the earlier tweets you"}, {"start": "00:22:12", "end": "00:22:16", "text": "showed, this is not a$ two trillion"}, {"start": "00:22:14", "end": "00:22:17", "text": "dollar market. This is a $500 trillion"}, {"start": "00:22:16", "end": "00:22:19", "text": "market. Right. That's"}, {"start": "00:22:17", "end": "00:22:21", "text": ">> that's the change that people need to"}, {"start": "00:22:19", "end": "00:22:25", "text": "wrap their heads around. We're not"}, {"start": "00:22:21", "end": "00:22:28", "text": "talking about crypto only, NFTts,"}, {"start": "00:22:25", "end": "00:22:31", "text": "memecoins, those have their place, but"}, {"start": "00:22:28", "end": "00:22:34", "text": "we're talking about home equity loans,"}, {"start": "00:22:31", "end": "00:22:36", "text": "mortgages, crossber finance, these"}, {"start": "00:22:34", "end": "00:22:38", "text": "enormous markets. And that's just uh"}, {"start": "00:22:36", "end": "00:22:40", "text": "just we're at the early edge of that,"}, {"start": "00:22:38", "end": "00:22:41", "text": "but it's why I'm so bullish on the"}, {"start": "00:22:40", "end": "00:22:43", "text": "entire ecosystem"}, {"start": "00:22:41", "end": "00:22:46", "text": ">> when Okay, so I want to go back to the R"}, {"start": "00:22:43", "end": "00:22:48", "text": "RWA situation real quickly because I"}, {"start": "00:22:46", "end": "00:22:51", "text": "thought I had read somewhere that there"}, {"start": "00:22:48", "end": "00:22:55", "text": "that you also had GPUs that were being"}, {"start": "00:22:51", "end": "00:22:55", "text": "used as as part of that RWA stack. Is"}, {"start": "00:22:55", "end": "00:22:57", "text": "that true?"}, {"start": "00:22:55", "end": "00:23:00", "text": ">> That's right. Yeah. Yeah. Yeah. Yeah."}, {"start": "00:22:57", "end": "00:23:03", "text": "So, uh tools for accessing uh firms that"}, {"start": "00:23:00", "end": "00:23:05", "text": "are are are are borrowing to finance uh"}, {"start": "00:23:03", "end": "00:23:08", "text": "GPU purchases. Obviously, that's a big"}, {"start": "00:23:05", "end": "00:23:10", "text": "topic right now and there needs to be a"}, {"start": "00:23:08", "end": "00:23:12", "text": "lot of capital injected in that space to"}, {"start": "00:23:10", "end": "00:23:15", "text": "fund the AI buildout. And so, that's a"}, {"start": "00:23:12", "end": "00:23:17", "text": "portion of this Papy vault as well."}, {"start": "00:23:15", "end": "00:23:19", "text": ">> Listen, we've been following Collector"}, {"start": "00:23:17", "end": "00:23:21", "text": "Crypt. This is another one. This is RWA"}, {"start": "00:23:19", "end": "00:23:24", "text": "essentially Pokemon cards that were on"}, {"start": "00:23:21", "end": "00:23:26", "text": "Collector now leading uh the real"}, {"start": "00:23:24", "end": "00:23:28", "text": "world asset space in terms of"}, {"start": "00:23:26", "end": "00:23:30", "text": "collectibles that we'll see rolling in."}, {"start": "00:23:28", "end": "00:23:34", "text": "Do you think we'll see more of these"}, {"start": "00:23:30", "end": "00:23:36", "text": "kinds of RWAs flowing into Tradfi?"}, {"start": "00:23:34", "end": "00:23:37", "text": ">> Oh, definitely. I mean, look, you're"}, {"start": "00:23:36", "end": "00:23:40", "text": "going to get a wide variety of exposure."}, {"start": "00:23:37", "end": "00:23:42", "text": "I saw people uh talking earlier today on"}, {"start": "00:23:40", "end": "00:23:45", "text": "the timeline about bringing uh luxury"}, {"start": "00:23:42", "end": "00:23:47", "text": "goods uh into the space. Uh and I think"}, {"start": "00:23:45", "end": "00:23:49", "text": "you I think you will you will see that"}, {"start": "00:23:47", "end": "00:23:51", "text": "you know it's easy to make these things."}, {"start": "00:23:49", "end": "00:23:53", "text": "These markets have already always"}, {"start": "00:23:51", "end": "00:23:56", "text": "existed, but they've been in isolated"}, {"start": "00:23:53", "end": "00:23:57", "text": "silos outside of traditional finance."}, {"start": "00:23:56", "end": "00:23:58", "text": "The incredible thing about this"}, {"start": "00:23:57", "end": "00:24:01", "text": "technology is they can be brought"}, {"start": "00:23:58", "end": "00:24:04", "text": "together and you're starting to see some"}, {"start": "00:24:01", "end": "00:24:07", "text": "interesting combinations emerge. I'm not"}, {"start": "00:24:04", "end": "00:24:08", "text": "sure the memecoin stock pairing that's"}, {"start": "00:24:07", "end": "00:24:11", "text": "been driving a lot of the excitement on"}, {"start": "00:24:08", "end": "00:24:13", "text": "Robin Hood is a persistent theme or a"}, {"start": "00:24:11", "end": "00:24:16", "text": "short-term theme, but that's the kind of"}, {"start": "00:24:13", "end": "00:24:18", "text": "thing uh unusual pairing that I think"}, {"start": "00:24:16", "end": "00:24:20", "text": "you're going to see more of. And it will"}, {"start": "00:24:18", "end": "00:24:22", "text": "surprise people. It will feel odd to"}, {"start": "00:24:20", "end": "00:24:24", "text": "people, but it's how you you sort of"}, {"start": "00:24:22", "end": "00:24:25", "text": "stumble your way into interesting new"}, {"start": "00:24:24", "end": "00:24:28", "text": "primitives. And I think we're going to"}, {"start": "00:24:25", "end": "00:24:30", "text": "get there."}, {"start": "00:24:28", "end": "00:24:32", "text": ">> Talking about interesting primitives,"}, {"start": "00:24:30", "end": "00:24:34", "text": "let's go over to vaults real quick cuz"}, {"start": "00:24:32", "end": "00:24:35", "text": "this is uh this is something that we're"}, {"start": "00:24:34", "end": "00:24:38", "text": "tracking pretty heavily. You've got"}, {"start": "00:24:35", "end": "00:24:41", "text": "Steakhouse Prime pretty much controlling"}, {"start": "00:24:38", "end": "00:24:43", "text": "the top slot. You guys, of course, are"}, {"start": "00:24:41", "end": "00:24:47", "text": "starting to come up the ranks. Uh is"}, {"start": "00:24:43", "end": "00:24:49", "text": "Bitwise gunning for Steakhouse here?"}, {"start": "00:24:47", "end": "00:24:51", "text": "Look, I think of I think of these great"}, {"start": "00:24:49", "end": "00:24:55", "text": "um early pioneers in vaults like like"}, {"start": "00:24:51", "end": "00:24:58", "text": "Steakhouse and Gauntlet um as friends."}, {"start": "00:24:55", "end": "00:25:01", "text": "Uh Bitwise wants we think this market"}, {"start": "00:24:58", "end": "00:25:03", "text": "can 100x. If it does, I think we'll all"}, {"start": "00:25:01", "end": "00:25:05", "text": "be very successful. So, we admire the"}, {"start": "00:25:03", "end": "00:25:07", "text": "businesses that they've built."}, {"start": "00:25:05", "end": "00:25:10", "text": ">> Um in some sense, we're competitors of"}, {"start": "00:25:07", "end": "00:25:13", "text": "course, but mostly we're growing the pie"}, {"start": "00:25:10", "end": "00:25:14", "text": "and bringing in more customers."}, {"start": "00:25:13", "end": "00:25:16", "text": ">> I love those answers."}, {"start": "00:25:14", "end": "00:25:18", "text": ">> I mean, of course. Of course, underneath"}, {"start": "00:25:16", "end": "00:25:19", "text": "the surface, Paul, I want to win, you"}, {"start": "00:25:18", "end": "00:25:22", "text": "know, that's the way they want to win,"}, {"start": "00:25:19", "end": "00:25:23", "text": "too. But I do think the pie will grow,"}, {"start": "00:25:22", "end": "00:25:24", "text": "you know,"}, {"start": "00:25:23", "end": "00:25:25", "text": ">> substantially."}, {"start": "00:25:24", "end": "00:25:26", "text": ">> All right, let's go over to our"}, {"start": "00:25:25", "end": "00:25:28", "text": "lightning round. Uh, Matt, we always"}, {"start": "00:25:26", "end": "00:25:30", "text": "love to do this with you. The first"}, {"start": "00:25:28", "end": "00:25:34", "text": "question we have is, \"Circle is the best"}, {"start": "00:25:30", "end": "00:25:35", "text": "rate hike token to watch.\" What do you"}, {"start": "00:25:34", "end": "00:25:37", "text": "think?"}, {"start": "00:25:35", "end": "00:25:39", "text": ">> Rate height token. Uh, yeah, that's a"}, {"start": "00:25:37", "end": "00:25:42", "text": "pretty good play. I'll take it."}, {"start": "00:25:39", "end": "00:25:45", "text": ">> Okay. Try to find yield farmers. Uh,"}, {"start": "00:25:42", "end": "00:25:46", "text": "September 15th will shock the world. You"}, {"start": "00:25:45", "end": "00:25:48", "text": "think that's the case? I think you're"}, {"start": "00:25:46", "end": "00:25:50", "text": "leaning more towards we may not get this"}, {"start": "00:25:48", "end": "00:25:51", "text": "might be a nothing burger."}, {"start": "00:25:50", "end": "00:25:53", "text": ">> No, I think it's a nothing burger. I"}, {"start": "00:25:51", "end": "00:25:56", "text": "think we're in the great muddle. Um I"}, {"start": "00:25:53", "end": "00:25:57", "text": "think the Fed is not the primary actor"}, {"start": "00:25:56", "end": "00:25:59", "text": "in the market right now."}, {"start": "00:25:57", "end": "00:26:01", "text": ">> Interesting. All right."}, {"start": "00:25:59", "end": "00:26:02", "text": ">> Well, this is in reference to clarity on"}, {"start": "00:26:01", "end": "00:26:04", "text": "September 15th."}, {"start": "00:26:02", "end": "00:26:06", "text": ">> Oh, okay. Sorry. I'm I'm I'm thinking of"}, {"start": "00:26:04", "end": "00:26:06", "text": "two things. Um"}, {"start": "00:26:06", "end": "00:26:08", "text": ">> so,"}, {"start": "00:26:06", "end": "00:26:11", "text": ">> uh No, look, I I still I think it's"}, {"start": "00:26:08", "end": "00:26:14", "text": "higher than May maybe edge me toward the"}, {"start": "00:26:11", "end": "00:26:16", "text": "middle. I think it's higher than um than"}, {"start": "00:26:14", "end": "00:26:19", "text": "the poly market odds, but if I had to"}, {"start": "00:26:16", "end": "00:26:20", "text": "make an even 5050 bet,"}, {"start": "00:26:19", "end": "00:26:22", "text": ">> I think in the current political"}, {"start": "00:26:20", "end": "00:26:24", "text": "climate, the ethics clause makes it very"}, {"start": "00:26:22", "end": "00:26:26", "text": "hard for Democrats to align with this"}, {"start": "00:26:24", "end": "00:26:28", "text": "and uh [clears throat]"}, {"start": "00:26:26", "end": "00:26:30", "text": ">> I'm like a cautious no."}, {"start": "00:26:28", "end": "00:26:32", "text": ">> Yeah, I'm kind of with you there, but"}, {"start": "00:26:30", "end": "00:26:34", "text": "I'm I'm optimistic, but I just don't"}, {"start": "00:26:32", "end": "00:26:37", "text": "know if it's going to stick. Uh here we"}, {"start": "00:26:34", "end": "00:26:39", "text": "go. Which asset has sexier appeal at and"}, {"start": "00:26:37", "end": "00:26:40", "text": "tokenization unlock for retail? Do you"}, {"start": "00:26:39", "end": "00:26:42", "text": "think it's going to be equities or"}, {"start": "00:26:40", "end": "00:26:44", "text": "commodities? equities, man. Put me on"}, {"start": "00:26:42", "end": "00:26:48", "text": "the far left there. Uh people love"}, {"start": "00:26:44", "end": "00:26:50", "text": "stocks and uh they will love tokenized"}, {"start": "00:26:48", "end": "00:26:52", "text": "stocks even more."}, {"start": "00:26:50", "end": "00:26:56", "text": ">> But even with oil and gold and all this"}, {"start": "00:26:52", "end": "00:26:56", "text": "other stuff I can trade out there, not"}, {"start": "00:26:56", "end": "00:26:57", "text": "as much as"}, {"start": "00:26:56", "end": "00:26:59", "text": ">> Yeah. You're going to you're going to"}, {"start": "00:26:57", "end": "00:27:01", "text": "see that you're going to see that blip"}, {"start": "00:26:59", "end": "00:27:03", "text": "up and down. I wouldn't be surprised to"}, {"start": "00:27:01", "end": "00:27:04", "text": "see like tokenized copper have its"}, {"start": "00:27:03", "end": "00:27:07", "text": "moment."}, {"start": "00:27:04", "end": "00:27:09", "text": ">> Yeah. Yeah. um Pentagon Materials, Rare"}, {"start": "00:27:07", "end": "00:27:12", "text": "Earths, Uranium, but I think those are"}, {"start": "00:27:09", "end": "00:27:13", "text": "are are short-term flashy. I think if"}, {"start": "00:27:12", "end": "00:27:15", "text": "you think about what's happening on"}, {"start": "00:27:13", "end": "00:27:16", "text": "Robin Hood chain, people love these"}, {"start": "00:27:15", "end": "00:27:19", "text": "stocks."}, {"start": "00:27:16", "end": "00:27:22", "text": ">> Yeah. Treadflop season begins. This is"}, {"start": "00:27:19", "end": "00:27:25", "text": "the launch of gated products and chains"}, {"start": "00:27:22", "end": "00:27:27", "text": "will be a rude awakening for Tradfi. Do"}, {"start": "00:27:25", "end": "00:27:29", "text": "you think that could [laughter]"}, {"start": "00:27:27", "end": "00:27:31", "text": ">> I agree with that? I agree with that."}, {"start": "00:27:29", "end": "00:27:33", "text": "I'm I'm short the the Tradfi comes in"}, {"start": "00:27:31", "end": "00:27:35", "text": "and disrupts things. There's just no"}, {"start": "00:27:33", "end": "00:27:36", "text": "record in the market of that of that"}, {"start": "00:27:35", "end": "00:27:39", "text": "being true."}, {"start": "00:27:36", "end": "00:27:40", "text": ">> Meme coins keep uh being underestimated"}, {"start": "00:27:39", "end": "00:27:43", "text": "by the suits."}, {"start": "00:27:40", "end": "00:27:45", "text": ">> Not you. You're a suit, I would say, but"}, {"start": "00:27:43", "end": "00:27:48", "text": "I don't I don't think you"}, {"start": "00:27:45", "end": "00:27:50", "text": ">> I definitely Yeah, look at me. Um 100%."}, {"start": "00:27:48", "end": "00:27:52", "text": "Yeah, I think I think I think"}, {"start": "00:27:50", "end": "00:27:54", "text": "traditional finance is out of touch uh"}, {"start": "00:27:52", "end": "00:27:55", "text": "with the strength of meme culture. I"}, {"start": "00:27:54", "end": "00:27:57", "text": "think they're very out of touch with the"}, {"start": "00:27:55", "end": "00:27:59", "text": "strength of social trading. I think"}, {"start": "00:27:57", "end": "00:28:01", "text": "that's a t trend that's here to stay and"}, {"start": "00:27:59", "end": "00:28:04", "text": "yeah likely we're like inning two of"}, {"start": "00:28:01", "end": "00:28:07", "text": "that and that's not even being discussed"}, {"start": "00:28:04", "end": "00:28:09", "text": "in the August halls of Wall Street. So I"}, {"start": "00:28:07", "end": "00:28:12", "text": "think I'm very much in agree on this."}, {"start": "00:28:09", "end": "00:28:14", "text": ">> The change is here. Market is is already"}, {"start": "00:28:12", "end": "00:28:16", "text": "expecting a fee switch on Morpho should"}, {"start": "00:28:14", "end": "00:28:19", "text": "we ape in."}, {"start": "00:28:16", "end": "00:28:20", "text": ">> I'm I'm bullish on all the major DeFi"}, {"start": "00:28:19", "end": "00:28:22", "text": "protocols and Morpho is a leader in that"}, {"start": "00:28:20", "end": "00:28:25", "text": "space so I like it."}, {"start": "00:28:22", "end": "00:28:27", "text": ">> All right, DCA. Um all right, here we"}, {"start": "00:28:25", "end": "00:28:30", "text": "go. Bitwise should plant a flag right"}, {"start": "00:28:27", "end": "00:28:34", "text": "now on the Robin Hood chain ASAP."}, {"start": "00:28:30", "end": "00:28:35", "text": ">> I can't reveal my uh my uh go to market,"}, {"start": "00:28:34", "end": "00:28:35", "text": "but we think about Robin Hood chain"}, {"start": "00:28:35", "end": "00:28:36", "text": "every day."}, {"start": "00:28:35", "end": "00:28:38", "text": ">> I'm going to Okay, I'm going to put you"}, {"start": "00:28:36", "end": "00:28:41", "text": "there, but I'm going to say of course."}, {"start": "00:28:38", "end": "00:28:44", "text": "Yes, you're going to be there. Bitwise"}, {"start": "00:28:41", "end": "00:28:45", "text": "Jupiter vaults on Salana will outperform"}, {"start": "00:28:44", "end": "00:28:47", "text": "the ETH base vaults. We're already"}, {"start": "00:28:45", "end": "00:28:50", "text": "seeing that right now."}, {"start": "00:28:47", "end": "00:28:53", "text": ">> Oh, uh that's that's a that's an"}, {"start": "00:28:50", "end": "00:28:55", "text": "interesting one. Um I don't know. I"}, {"start": "00:28:53", "end": "00:28:56", "text": "don't know. vault. That's a tough one"}, {"start": "00:28:55", "end": "00:29:00", "text": "for me. Split me down the middle."}, {"start": "00:28:56", "end": "00:29:02", "text": ">> You're down the middle. I think likely."}, {"start": "00:29:00", "end": "00:29:06", "text": "Uh, all right. Here we go. Attention is"}, {"start": "00:29:02", "end": "00:29:09", "text": "liquidity. The GTA 6 launch will benefit"}, {"start": "00:29:06", "end": "00:29:10", "text": "Salana and Robin Hood the most."}, {"start": "00:29:09", "end": "00:29:12", "text": "[laughter]"}, {"start": "00:29:10", "end": "00:29:13", "text": ">> I like that one. That sounds right to"}, {"start": "00:29:12", "end": "00:29:15", "text": "me."}, {"start": "00:29:13", "end": "00:29:18", "text": ">> All right. I like it."}, {"start": "00:29:15", "end": "00:29:19", "text": ">> Are you a GTA 6 player? No."}, {"start": "00:29:18", "end": "00:29:21", "text": ">> I am not. I'm not. I'm aware of the"}, {"start": "00:29:19", "end": "00:29:24", "text": "phenomenon. Uh, but I do think attention"}, {"start": "00:29:21", "end": "00:29:26", "text": "is liquidity. And I think there's a"}, {"start": "00:29:24", "end": "00:29:28", "text": "billion ideas that can span off of that"}, {"start": "00:29:26", "end": "00:29:30", "text": "and it aligns with these trends in the"}, {"start": "00:29:28", "end": "00:29:31", "text": "market. Yeah, I love it."}, {"start": "00:29:30", "end": "00:29:33", "text": ">> Coin, this we talked about this on the"}, {"start": "00:29:31", "end": "00:29:36", "text": "pre-show. Coinbase is is probably having"}, {"start": "00:29:33", "end": "00:29:38", "text": "an internal identity crisis right now."}, {"start": "00:29:36", "end": "00:29:40", "text": "This is somewhat been abandoned by the"}, {"start": "00:29:38", "end": "00:29:43", "text": "dgens"}, {"start": "00:29:40", "end": "00:29:46", "text": "and it may be because you look at the"}, {"start": "00:29:43", "end": "00:29:47", "text": "way Vlad has dealt with this market and"}, {"start": "00:29:46", "end": "00:29:50", "text": "then you look at the way Brian has gone."}, {"start": "00:29:47", "end": "00:29:52", "text": "You know, it's two different games. So,"}, {"start": "00:29:50", "end": "00:29:53", "text": "do you think he they got a simple fix in"}, {"start": "00:29:52", "end": "00:29:55", "text": "order or do you think it'd have to be"}, {"start": "00:29:53", "end": "00:29:57", "text": "radical like, you know, Armstrong"}, {"start": "00:29:55", "end": "00:29:58", "text": "growing a mohawk or something?"}, {"start": "00:29:57", "end": "00:30:00", "text": "[laughter]"}, {"start": "00:29:58", "end": "00:30:02", "text": ">> I I look, I'm actually bullish on"}, {"start": "00:30:00", "end": "00:30:04", "text": "Coinbase. I I would call it a simple"}, {"start": "00:30:02", "end": "00:30:06", "text": "fix. I I think um"}, {"start": "00:30:04", "end": "00:30:07", "text": ">> they they sometimes move slowly, but"}, {"start": "00:30:06", "end": "00:30:10", "text": "then they they really arrive and"}, {"start": "00:30:07", "end": "00:30:12", "text": "deliver. And um I think their revenue is"}, {"start": "00:30:10", "end": "00:30:15", "text": "going to grow pretty well. Broadly"}, {"start": "00:30:12", "end": "00:30:18", "text": "speaking, I'd be long I'd be long Hood"}, {"start": "00:30:15", "end": "00:30:20", "text": "and Coin and short uh the Trady people"}, {"start": "00:30:18", "end": "00:30:23", "text": "who aren't trying to make this"}, {"start": "00:30:20", "end": "00:30:25", "text": "transition. Uh between Hood and Coin, I"}, {"start": "00:30:23", "end": "00:30:27", "text": "think that's a tougher one, but I like"}, {"start": "00:30:25", "end": "00:30:29", "text": "that you want him to grow a mohawk."}, {"start": "00:30:27", "end": "00:30:31", "text": ">> Well, I I'm I'm going to say a beard"}, {"start": "00:30:29", "end": "00:30:34", "text": "maybe. You know, you know, kind of get"}, {"start": "00:30:31", "end": "00:30:36", "text": "that cool hipster look, you know, get"}, {"start": "00:30:34", "end": "00:30:38", "text": "back into the DJ. I don't know if it can"}, {"start": "00:30:36", "end": "00:30:41", "text": "be done, but you know, Coinbase needs to"}, {"start": "00:30:38", "end": "00:30:43", "text": "become cool again. Michael Sailor will"}, {"start": "00:30:41", "end": "00:30:44", "text": "have to conjure up more DeFi products to"}, {"start": "00:30:43", "end": "00:30:45", "text": "stay relevant. Do you think that will"}, {"start": "00:30:44", "end": "00:30:47", "text": "happen?"}, {"start": "00:30:45", "end": "00:30:49", "text": ">> Oh, do I think he'll conjure them up?"}, {"start": "00:30:47", "end": "00:30:52", "text": "No, I do not think he'll conjure them"}, {"start": "00:30:49", "end": "00:30:53", "text": "up. I think he's staying focused on"}, {"start": "00:30:52", "end": "00:30:55", "text": "stretch"}, {"start": "00:30:53", "end": "00:30:56", "text": ">> and strategy. Yeah."}, {"start": "00:30:55", "end": "00:31:00", "text": ">> Terry Duffy forced to partner with"}, {"start": "00:30:56", "end": "00:31:02", "text": "Hyperlid by the end of 2027,"}, {"start": "00:31:00", "end": "00:31:02", "text": "[laughter]"}, {"start": "00:31:02", "end": "00:31:07", "text": ">> dude. Probably yes, man. Probably yes."}, {"start": "00:31:05", "end": "00:31:08", "text": "Um"}, {"start": "00:31:07", "end": "00:31:12", "text": ">> Okay. Uh look look"}, {"start": "00:31:08", "end": "00:31:14", "text": ">> man that day will if that day comes Matt"}, {"start": "00:31:12", "end": "00:31:17", "text": ">> well you know I I don't I don't mean it"}, {"start": "00:31:14", "end": "00:31:18", "text": "specifically for that but I do think uh"}, {"start": "00:31:17", "end": "00:31:21", "text": "the derivatives markets have woken up"}, {"start": "00:31:18", "end": "00:31:22", "text": "that their their world is changing"}, {"start": "00:31:21", "end": "00:31:25", "text": "really rapidly. Yeah. And so I think"}, {"start": "00:31:22", "end": "00:31:28", "text": "they're going to have to adapt in some"}, {"start": "00:31:25", "end": "00:31:30", "text": "format and what you've seen again with"}, {"start": "00:31:28", "end": "00:31:32", "text": "Robin Hood integrating into these DeFi"}, {"start": "00:31:30", "end": "00:31:33", "text": "protocols I think is a roadmap that"}, {"start": "00:31:32", "end": "00:31:34", "text": "other people are going to pay attention"}, {"start": "00:31:33", "end": "00:31:34", "text": "to. So"}, {"start": "00:31:34", "end": "00:31:36", "text": ">> yeah,"}, {"start": "00:31:34", "end": "00:31:38", "text": ">> you know, all of this would have sounded"}, {"start": "00:31:36", "end": "00:31:40", "text": "strange four years ago. You would have"}, {"start": "00:31:38", "end": "00:31:43", "text": "been dismissed for even mentioning it."}, {"start": "00:31:40", "end": "00:31:46", "text": "Um, now it's within the Overton window,"}, {"start": "00:31:43", "end": "00:31:48", "text": "and I suspect it gets more and more"}, {"start": "00:31:46", "end": "00:31:51", "text": "possible feeling over time."}, {"start": "00:31:48", "end": "00:31:53", "text": ">> Well, Robin Hood has been a little bit"}, {"start": "00:31:51", "end": "00:31:56", "text": "of an outlier in terms of their strategy"}, {"start": "00:31:53", "end": "00:31:58", "text": "really forever. You know, uh, Vlad has"}, {"start": "00:31:56", "end": "00:32:01", "text": "been very edgy, always pushing the"}, {"start": "00:31:58", "end": "00:32:03", "text": "boundary. So for him to make that step"}, {"start": "00:32:01", "end": "00:32:05", "text": "was pretty impressive. Did you"}, {"start": "00:32:03", "end": "00:32:07", "text": "anticipate that?"}, {"start": "00:32:05", "end": "00:32:09", "text": ">> No, I really didn't. It sort of flies"}, {"start": "00:32:07", "end": "00:32:11", "text": "against a core belief I have of"}, {"start": "00:32:09", "end": "00:32:13", "text": "brokerages, which is there's a brokerage"}, {"start": "00:32:11", "end": "00:32:15", "text": "for every generation and it doesn't"}, {"start": "00:32:13", "end": "00:32:17", "text": "change. Um, you know, Robin Hood was"}, {"start": "00:32:15", "end": "00:32:20", "text": "sort of the brokerage for millennials"}, {"start": "00:32:17", "end": "00:32:23", "text": "the same way Erade was for Gen X and uh"}, {"start": "00:32:20", "end": "00:32:25", "text": "maybe Schwab was for for boomers and I"}, {"start": "00:32:23", "end": "00:32:28", "text": "thought it was pegged in that space. The"}, {"start": "00:32:25", "end": "00:32:31", "text": "ability to reinvent itself to capture"}, {"start": "00:32:28", "end": "00:32:32", "text": "this younger onchain market is really"}, {"start": "00:32:31", "end": "00:32:34", "text": "incredible particularly because"}, {"start": "00:32:32", "end": "00:32:37", "text": "underneath the surface Robin Hood is"}, {"start": "00:32:34", "end": "00:32:39", "text": "actually also going upstream and"}, {"start": "00:32:37", "end": "00:32:40", "text": "targeting richer demographics and"}, {"start": "00:32:39", "end": "00:32:42", "text": "actually targeting the institutional"}, {"start": "00:32:40", "end": "00:32:44", "text": "space with some acquisitions in the"}, {"start": "00:32:42", "end": "00:32:47", "text": "advisor space. So look, I think they're"}, {"start": "00:32:44", "end": "00:32:49", "text": "actually building a a financial giant."}, {"start": "00:32:47", "end": "00:32:51", "text": "I've called it a generational buy and"}, {"start": "00:32:49", "end": "00:32:54", "text": "hold. If I had to pick a financial stock"}, {"start": "00:32:51", "end": "00:32:56", "text": "to buy today and own 10 years,"}, {"start": "00:32:54", "end": "00:32:57", "text": ">> Robin Hood would be it because they've"}, {"start": "00:32:56", "end": "00:32:59", "text": "shown the ability to adapt multiple"}, {"start": "00:32:57", "end": "00:33:00", "text": "times."}, {"start": "00:32:59", "end": "00:33:03", "text": ">> All right, here we go. Matt Hogan is"}, {"start": "00:33:00", "end": "00:33:06", "text": "already mentally bored of ETFs. Uh,"}, {"start": "00:33:03", "end": "00:33:07", "text": "Vault Life only or you're going to know"}, {"start": "00:33:06", "end": "00:33:10", "text": "people still use Fidel."}, {"start": "00:33:07", "end": "00:33:12", "text": ">> Look, yeah, we love ETFs. We're going to"}, {"start": "00:33:10", "end": "00:33:15", "text": "launch more ETFs. It's a big part of our"}, {"start": "00:33:12", "end": "00:33:16", "text": "business, but um I think in the next"}, {"start": "00:33:15", "end": "00:33:20", "text": "decade you're going to see Bitwise do"}, {"start": "00:33:16", "end": "00:33:22", "text": "more on chain than it does um does"}, {"start": "00:33:20", "end": "00:33:24", "text": "elsewhere. But we still love ETFs for"}, {"start": "00:33:22", "end": "00:33:25", "text": "sure. But you can put me edge edge me"}, {"start": "00:33:24", "end": "00:33:27", "text": "towards Vault Life."}, {"start": "00:33:25", "end": "00:33:29", "text": ">> Okay. All right. I'm gonna I'm"}, {"start": "00:33:27", "end": "00:33:31", "text": "definitely all the way in on Vault Life"}, {"start": "00:33:29", "end": "00:33:33", "text": "for for Bitwise and you and Hunter and"}, {"start": "00:33:31", "end": "00:33:33", "text": "all the team over there. We're watching"}, {"start": "00:33:33", "end": "00:33:35", "text": "closely."}, {"start": "00:33:33", "end": "00:33:36", "text": ">> It's the direction to travel."}, {"start": "00:33:35", "end": "00:33:37", "text": ">> We're watching closely."}, {"start": "00:33:36", "end": "00:33:39", "text": ">> I appreciate it."}, {"start": "00:33:37", "end": "00:33:40", "text": ">> Hey, listen. Thanks for coming in today."}, {"start": "00:33:39", "end": "00:33:42", "text": "We appreciate it."}, {"start": "00:33:40", "end": "00:33:45", "text": "Thanks for having me, man. Appreciate"}, {"start": "00:33:42", "end": "00:33:45", "text": "it."}, {"start": "00:33:49", "end": "00:33:52", "text": "If you like this video, hit like and"}, {"start": "00:33:51", "end": "00:33:54", "text": "subscribe. Drop a [music] comment down"}, {"start": "00:33:52", "end": "00:33:56", "text": "below and also join our free private"}, {"start": "00:33:54", "end": "00:33:59", "text": "member group. The link is in the"}, {"start": "00:33:56", "end": "00:33:59", "text": "description."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "CryptoClariac getting some legs. Odds"}, {"start": "00:00:03", "end": "00:00:07", "text": "Clariac passes within next year surged"}, {"start": "00:00:05", "end": "00:00:09", "text": "to 69%."}, {"start": "00:00:07", "end": "00:00:11", "text": "Look at this graph everybody. This was"}, {"start": "00:00:09", "end": "00:00:13", "text": "right over the weekend. We were"}, {"start": "00:00:11", "end": "00:00:14", "text": "speculating just yesterday. Bad day to"}, {"start": "00:00:13", "end": "00:00:16", "text": "be a ClariC doomer. This was on"}, {"start": "00:00:14", "end": "00:00:17", "text": "Saturday. Patrick Whit putting out there"}, {"start": "00:00:16", "end": "00:00:19", "text": "it's like man something going on this"}, {"start": "00:00:17", "end": "00:00:22", "text": "weekend. And then yesterday we saw Chuck"}, {"start": "00:00:19", "end": "00:00:23", "text": "Schumer. He called Sunday caucus on the"}, {"start": "00:00:22", "end": "00:00:25", "text": "crypto bill. It's like man something's"}, {"start": "00:00:23", "end": "00:00:27", "text": "definitely going on. And then we have"}, {"start": "00:00:25", "end": "00:00:29", "text": "this breaking news that is happening"}, {"start": "00:00:27", "end": "00:00:30", "text": "today. I want to start the video from a"}, {"start": "00:00:29", "end": "00:00:33", "text": "little bit bit of a different"}, {"start": "00:00:30", "end": "00:00:35", "text": "perspective. The timeline of this, what"}, {"start": "00:00:33", "end": "00:00:37", "text": "does this mean for Clarity Act? Tomorrow"}, {"start": "00:00:35", "end": "00:00:39", "text": "is a big closure vote. What does that"}, {"start": "00:00:37", "end": "00:00:41", "text": "mean? I saw this headline. After 5we"}, {"start": "00:00:39", "end": "00:00:43", "text": "vacation, House suddenly takes off the"}, {"start": "00:00:41", "end": "00:00:45", "text": "rest of September. Must be nice to be a"}, {"start": "00:00:43", "end": "00:00:47", "text": "member of Congress and never have to do"}, {"start": "00:00:45", "end": "00:00:49", "text": "your job. So, what I want to do is I"}, {"start": "00:00:47", "end": "00:00:50", "text": "want to define what tomorrow is and talk"}, {"start": "00:00:49", "end": "00:00:52", "text": "about how the timeline of this could be"}, {"start": "00:00:50", "end": "00:00:54", "text": "a little bit scattered and thrown off."}, {"start": "00:00:52", "end": "00:00:56", "text": "And then we're going to get into really"}, {"start": "00:00:54", "end": "00:00:57", "text": "what this big news is because the big"}, {"start": "00:00:56", "end": "00:01:00", "text": "news has everything to do with this"}, {"start": "00:00:57", "end": "00:01:02", "text": "first step which is tomorrow at 2:15"}, {"start": "00:01:00", "end": "00:01:04", "text": "p.m. Eastern. I will be live streaming"}, {"start": "00:01:02", "end": "00:01:07", "text": "it so make sure you have notifications"}, {"start": "00:01:04", "end": "00:01:11", "text": "turned on but it's closure on the motion"}, {"start": "00:01:07", "end": "00:01:12", "text": "to proceed. 60 votes are needed. This"}, {"start": "00:01:11", "end": "00:01:14", "text": "does not mean I would be very clear"}, {"start": "00:01:12", "end": "00:01:18", "text": "about this. This doesn't mean the bill"}, {"start": "00:01:14", "end": "00:01:19", "text": "passes. I do want to say though, if it"}, {"start": "00:01:18", "end": "00:01:21", "text": "gets through closure and this first"}, {"start": "00:01:19", "end": "00:01:23", "text": "closure vote to for the motion to"}, {"start": "00:01:21", "end": "00:01:26", "text": "proceed, I think it makes it incredibly"}, {"start": "00:01:23", "end": "00:01:29", "text": "bullish and I will become even more"}, {"start": "00:01:26", "end": "00:01:32", "text": "optimistic that this bill is going to"}, {"start": "00:01:29", "end": "00:01:34", "text": "see passage and it's getting through"}, {"start": "00:01:32", "end": "00:01:36", "text": "this first thing though. I mean, this"}, {"start": "00:01:34", "end": "00:01:40", "text": "has really been the big hurdle so far"}, {"start": "00:01:36", "end": "00:01:42", "text": "for like months now."}, {"start": "00:01:40", "end": "00:01:44", "text": "Republicans hold 53 seats. So, at least"}, {"start": "00:01:42", "end": "00:01:46", "text": "seven Democrats or independents have to"}, {"start": "00:01:44", "end": "00:01:48", "text": "cross. And this is really what's driving"}, {"start": "00:01:46", "end": "00:01:50", "text": "this really big news because in order to"}, {"start": "00:01:48", "end": "00:01:52", "text": "get those Democrats, there have been a"}, {"start": "00:01:50", "end": "00:01:55", "text": "lot of concessions and a lot of"}, {"start": "00:01:52", "end": "00:01:58", "text": "amendments to the bill itself. And now"}, {"start": "00:01:55", "end": "00:02:01", "text": "we have this massive update to the bill"}, {"start": "00:01:58", "end": "00:02:03", "text": "to hopefully get at least seven"}, {"start": "00:02:01", "end": "00:02:05", "text": "Democrats to kind of come over and vote"}, {"start": "00:02:03", "end": "00:02:08", "text": "to get closer"}, {"start": "00:02:05", "end": "00:02:10", "text": "to vote on Cloer. So there's Cloer."}, {"start": "00:02:08", "end": "00:02:12", "text": "Boom. Gets through. Then second, which"}, {"start": "00:02:10", "end": "00:02:15", "text": "could happen very quickly, September"}, {"start": "00:02:12", "end": "00:02:19", "text": "16th to 17th perhaps, the vote on the"}, {"start": "00:02:15", "end": "00:02:21", "text": "motion to proceed. So this, as you see,"}, {"start": "00:02:19", "end": "00:02:23", "text": "is an easier step because it's 51, a"}, {"start": "00:02:21", "end": "00:02:25", "text": "simple majority. So we get through the"}, {"start": "00:02:23", "end": "00:02:26", "text": "closure on the motion to proceed. Then"}, {"start": "00:02:25", "end": "00:02:28", "text": "there's the vote on the motion to"}, {"start": "00:02:26", "end": "00:02:31", "text": "proceed and then boom, it's closure on"}, {"start": "00:02:28", "end": "00:02:34", "text": "the bill itself. Back to 60. Needs 60"}, {"start": "00:02:31", "end": "00:02:37", "text": "votes again on that one. Now, once that"}, {"start": "00:02:34", "end": "00:02:40", "text": "happens, if it gets through that 60,"}, {"start": "00:02:37", "end": "00:02:41", "text": "then it's the final Senate passage. So,"}, {"start": "00:02:40", "end": "00:02:44", "text": "you can see there's a bunch of steps"}, {"start": "00:02:41", "end": "00:02:46", "text": "here. And what I want to show you though"}, {"start": "00:02:44", "end": "00:02:48", "text": "is what's happening in terms of the"}, {"start": "00:02:46", "end": "00:02:51", "text": "calendar because I just showed you this"}, {"start": "00:02:48", "end": "00:02:53", "text": "headline in terms of the the House"}, {"start": "00:02:51", "end": "00:02:56", "text": "taking off for the rest of September. So"}, {"start": "00:02:53", "end": "00:03:00", "text": "September 17th, everybody, the House"}, {"start": "00:02:56", "end": "00:03:03", "text": "leaves, four session days used, and then"}, {"start": "00:03:00", "end": "00:03:05", "text": "September 21st, House votes are not"}, {"start": "00:03:03", "end": "00:03:06", "text": "expected. There could be a recall. I"}, {"start": "00:03:05", "end": "00:03:08", "text": "just I don't know if that's going to"}, {"start": "00:03:06", "end": "00:03:10", "text": "happen or not, but that would be in like"}, {"start": "00:03:08", "end": "00:03:13", "text": "a week. And then September 28th, 48"}, {"start": "00:03:10", "end": "00:03:17", "text": "hours notice required, but it's the same"}, {"start": "00:03:13", "end": "00:03:19", "text": "thing. Not not expected to have votes."}, {"start": "00:03:17", "end": "00:03:21", "text": "And then October 5th, Senate state work"}, {"start": "00:03:19", "end": "00:03:24", "text": "period begins. And then obviously"}, {"start": "00:03:21", "end": "00:03:26", "text": "midterm elections are in November. So"}, {"start": "00:03:24", "end": "00:03:29", "text": "you can see these four steps here. It"}, {"start": "00:03:26", "end": "00:03:30", "text": "becomes weird, right? In terms of when"}, {"start": "00:03:29", "end": "00:03:32", "text": "could this even when can all these"}, {"start": "00:03:30", "end": "00:03:34", "text": "things happen. Obviously the vote on the"}, {"start": "00:03:32", "end": "00:03:36", "text": "motion proceed can happen very quickly."}, {"start": "00:03:34", "end": "00:03:38", "text": "Um and then the floor debate and all and"}, {"start": "00:03:36", "end": "00:03:43", "text": "any amendments needed. It depends on how"}, {"start": "00:03:38", "end": "00:03:45", "text": "quick all of that happens. But it it"}, {"start": "00:03:43", "end": "00:03:47", "text": "really is is going to be completely up"}, {"start": "00:03:45", "end": "00:03:49", "text": "in the air. And"}, {"start": "00:03:47", "end": "00:03:50", "text": "there's two things going on here. I'm"}, {"start": "00:03:49", "end": "00:03:54", "text": "trying to illustrate for you is number"}, {"start": "00:03:50", "end": "00:03:56", "text": "one, the steps needed to get passage and"}, {"start": "00:03:54", "end": "00:03:58", "text": "then also just kind of the mess of the"}, {"start": "00:03:56", "end": "00:04:00", "text": "calendar that we have in play right now."}, {"start": "00:03:58", "end": "00:04:02", "text": "So, we're going to just keep tracking"}, {"start": "00:04:00", "end": "00:04:04", "text": "that, you know, through the next few"}, {"start": "00:04:02", "end": "00:04:05", "text": "days to see if this can get through and"}, {"start": "00:04:04", "end": "00:04:07", "text": "how quick and get get it can get"}, {"start": "00:04:05", "end": "00:04:09", "text": "through. But with that being said,"}, {"start": "00:04:07", "end": "00:04:10", "text": "here's what's going on. President Trump"}, {"start": "00:04:09", "end": "00:04:13", "text": "agrees to clarity act ethics"}, {"start": "00:04:10", "end": "00:04:14", "text": "restrictions covering himself, elected"}, {"start": "00:04:13", "end": "00:04:16", "text": "officials, and judges with state"}, {"start": "00:04:14", "end": "00:04:19", "text": "attorneys general given enforcement"}, {"start": "00:04:16", "end": "00:04:20", "text": "authority removing the final obstacle to"}, {"start": "00:04:19", "end": "00:04:23", "text": "Tuesday's Senate vote. And it really"}, {"start": "00:04:20", "end": "00:04:25", "text": "does everybody. It removes the final"}, {"start": "00:04:23", "end": "00:04:28", "text": "obstacle. Here's Senator Cynthia Lumis"}, {"start": "00:04:25", "end": "00:04:31", "text": "after 12 months of negotiations. It's"}, {"start": "00:04:28", "end": "00:04:32", "text": "now or never for this strong bipartisan"}, {"start": "00:04:31", "end": "00:04:35", "text": "compromise. And she continues in another"}, {"start": "00:04:32", "end": "00:04:38", "text": "post and I think this was from this was"}, {"start": "00:04:35", "end": "00:04:39", "text": "from last night. After a year of intense"}, {"start": "00:04:38", "end": "00:04:41", "text": "bipartisan negotiations, the bill is"}, {"start": "00:04:39", "end": "00:04:43", "text": "ready. President Trump voluntarily"}, {"start": "00:04:41", "end": "00:04:46", "text": "agreed to new ethics provisions, holding"}, {"start": "00:04:43", "end": "00:04:48", "text": "every federally elected official, judge,"}, {"start": "00:04:46", "end": "00:04:50", "text": "and their spouses to some of the"}, {"start": "00:04:48", "end": "00:04:52", "text": "toughest toughest ethics restrictions in"}, {"start": "00:04:50", "end": "00:04:54", "text": "US history."}, {"start": "00:04:52", "end": "00:04:57", "text": "Democrats got what they wanted. Now they"}, {"start": "00:04:54", "end": "00:04:59", "text": "need to take yes for an answer. Two"}, {"start": "00:04:57", "end": "00:05:01", "text": "things that I want to go over with you"}, {"start": "00:04:59", "end": "00:05:04", "text": "very briefly. Eleanor just kind of"}, {"start": "00:05:01", "end": "00:05:06", "text": "pointed this out, and that is this. its"}, {"start": "00:05:04", "end": "00:05:08", "text": "ethics with which we just looked at."}, {"start": "00:05:06", "end": "00:05:11", "text": "Trump has agreed to what a GOP aid"}, {"start": "00:05:08", "end": "00:05:14", "text": "describes as 80% of the Tillis Galgo"}, {"start": "00:05:11", "end": "00:05:16", "text": "ethics proposal including to either"}, {"start": "00:05:14", "end": "00:05:18", "text": "divest substantial crypto-related"}, {"start": "00:05:16", "end": "00:05:21", "text": "financial interests or place them in a"}, {"start": "00:05:18", "end": "00:05:24", "text": "blind trust. So that's agreed upon. And"}, {"start": "00:05:21", "end": "00:05:25", "text": "then there's yield added circuit breaker"}, {"start": "00:05:24", "end": "00:05:26", "text": "language. And I think there's going to"}, {"start": "00:05:25", "end": "00:05:28", "text": "be a lot of people in the crypto"}, {"start": "00:05:26", "end": "00:05:32", "text": "industry maybe not maybe not even happy"}, {"start": "00:05:28", "end": "00:05:33", "text": "with this floated by Tillis in July that"}, {"start": "00:05:32", "end": "00:05:36", "text": "would effectively act as a backs stop by"}, {"start": "00:05:33", "end": "00:05:37", "text": "allowing federal regulators to intervene"}, {"start": "00:05:36", "end": "00:05:40", "text": "if there was evidence of widespread"}, {"start": "00:05:37", "end": "00:05:42", "text": "deposit flight from community banks to"}, {"start": "00:05:40", "end": "00:05:44", "text": "stable coins. So I this is actually"}, {"start": "00:05:42", "end": "00:05:45", "text": "interesting I didn't highlight it. The"}, {"start": "00:05:44", "end": "00:05:48", "text": "federal regulator that will be the"}, {"start": "00:05:45", "end": "00:05:50", "text": "arbiter of this Treasury Secretary Scott"}, {"start": "00:05:48", "end": "00:05:52", "text": "Bessant. Bessent making a lot of"}, {"start": "00:05:50", "end": "00:05:55", "text": "headlines lately. So these are two"}, {"start": "00:05:52", "end": "00:05:57", "text": "really big ones that you know are have"}, {"start": "00:05:55", "end": "00:06:00", "text": "been updated with this. And with that"}, {"start": "00:05:57", "end": "00:06:02", "text": "being said, the headlines are just"}, {"start": "00:06:00", "end": "00:06:06", "text": "pouring in on X right now. And there's a"}, {"start": "00:06:02", "end": "00:06:09", "text": "lot of just conflict of, you know, do"}, {"start": "00:06:06", "end": "00:06:10", "text": "people agree with like what's happening"}, {"start": "00:06:09", "end": "00:06:12", "text": "with these updates? Are they happy with"}, {"start": "00:06:10", "end": "00:06:14", "text": "the Clarity Act? Are they not happy with"}, {"start": "00:06:12", "end": "00:06:16", "text": "the Clarity Act? As a crypto holder, I"}, {"start": "00:06:14", "end": "00:06:20", "text": "will say I'm happy with the Clarity Act."}, {"start": "00:06:16", "end": "00:06:23", "text": "Like this space needs clarity. It's it"}, {"start": "00:06:20", "end": "00:06:25", "text": "needs kind of like a road, a guide to"}, {"start": "00:06:23", "end": "00:06:28", "text": "operate by with all the potential"}, {"start": "00:06:25", "end": "00:06:31", "text": "capital and innovation that is being"}, {"start": "00:06:28", "end": "00:06:34", "text": "just stifled and hit and held back so"}, {"start": "00:06:31", "end": "00:06:35", "text": "far. I know the SEC and the CFTC will"}, {"start": "00:06:34", "end": "00:06:37", "text": "step in and, you know, they're going to"}, {"start": "00:06:35", "end": "00:06:39", "text": "provide a ton of guidance and and a ton"}, {"start": "00:06:37", "end": "00:06:41", "text": "of clarity themselves, especially if"}, {"start": "00:06:39", "end": "00:06:44", "text": "this fails to get through. But this is"}, {"start": "00:06:41", "end": "00:06:46", "text": "just important and nothing's going to be"}, {"start": "00:06:44", "end": "00:06:47", "text": "perfect everybody, but it's important"}, {"start": "00:06:46", "end": "00:06:49", "text": "and I think it's a very good starting"}, {"start": "00:06:47", "end": "00:06:51", "text": "point and that's where we are right now."}, {"start": "00:06:49", "end": "00:06:53", "text": "Interesting as we look at the Bitcoin"}, {"start": "00:06:51", "end": "00:06:55", "text": "charts right now, Bitcoin testing this"}, {"start": "00:06:53", "end": "00:06:57", "text": "20day moving average. The crypto market"}, {"start": "00:06:55", "end": "00:06:59", "text": "in general, if we look at it from a"}, {"start": "00:06:57", "end": "00:07:01", "text": "cycle perspective, this is everything."}, {"start": "00:06:59", "end": "00:07:04", "text": "This is a total crypto market cap. We"}, {"start": "00:07:01", "end": "00:07:06", "text": "are at a cycle bottom turning point at"}, {"start": "00:07:04", "end": "00:07:08", "text": "this moment. And if you look at all the"}, {"start": "00:07:06", "end": "00:07:10", "text": "indicators, it suggests that whether"}, {"start": "00:07:08", "end": "00:07:12", "text": "it's onchain, whether it's just"}, {"start": "00:07:10", "end": "00:07:15", "text": "technical analysis, whether it's risk,"}, {"start": "00:07:12", "end": "00:07:16", "text": "we are at a cycle pivot out of a bottom"}, {"start": "00:07:15", "end": "00:07:18", "text": "and it's happening while this news is"}, {"start": "00:07:16", "end": "00:07:20", "text": "breaking. And then the day after"}, {"start": "00:07:18", "end": "00:07:22", "text": "tomorrow, we have the Fed uh rate"}, {"start": "00:07:20", "end": "00:07:24", "text": "decision. So, we're going into a very"}, {"start": "00:07:22", "end": "00:07:25", "text": "volatile week. And what Bitcoin does on"}, {"start": "00:07:24", "end": "00:07:28", "text": "this chart, I think, is very meaningful."}, {"start": "00:07:25", "end": "00:07:29", "text": "We we can see Bitcoin testing the 20-day"}, {"start": "00:07:28", "end": "00:07:31", "text": "moving average, right? We are literally"}, {"start": "00:07:29", "end": "00:07:34", "text": "there right now. We have a higher low"}, {"start": "00:07:31", "end": "00:07:36", "text": "Fibonacci right around 80,000 to around"}, {"start": "00:07:34", "end": "00:07:39", "text": "81,000. We could have a little bit of a"}, {"start": "00:07:36", "end": "00:07:40", "text": "pump on the potential of a clarity act"}, {"start": "00:07:39", "end": "00:07:42", "text": "getting through closure tomorrow and"}, {"start": "00:07:40", "end": "00:07:44", "text": "then see resistance and then we're"}, {"start": "00:07:42", "end": "00:07:46", "text": "getting into a little bit of a a fear"}, {"start": "00:07:44", "end": "00:07:50", "text": "environment because guess what? The next"}, {"start": "00:07:46", "end": "00:07:52", "text": "day is the Fed rate decision and Bitcoin"}, {"start": "00:07:50", "end": "00:07:53", "text": "could start coming back down. So, we"}, {"start": "00:07:52", "end": "00:07:54", "text": "have to kind of zoom out on the"}, {"start": "00:07:53", "end": "00:07:56", "text": "situation a little bit. I know there's a"}, {"start": "00:07:54", "end": "00:07:58", "text": "lot of energy in the space right now."}, {"start": "00:07:56", "end": "00:07:59", "text": "This week especially is going to be, but"}, {"start": "00:07:58", "end": "00:08:02", "text": "this could go one way or another. We"}, {"start": "00:07:59", "end": "00:08:04", "text": "could get a break to the upside clearly"}, {"start": "00:08:02", "end": "00:08:06", "text": "off of a good next couple of days. The"}, {"start": "00:08:04", "end": "00:08:09", "text": "next couple of days are so meaningful"}, {"start": "00:08:06", "end": "00:08:11", "text": "for short-term price action or we could"}, {"start": "00:08:09", "end": "00:08:12", "text": "get a lot of just indecisiveness and"}, {"start": "00:08:11", "end": "00:08:14", "text": "then finally a failure to break out and"}, {"start": "00:08:12", "end": "00:08:15", "text": "we're putting in this inverse head and"}, {"start": "00:08:14", "end": "00:08:17", "text": "shoulders type of setup with a right"}, {"start": "00:08:15", "end": "00:08:19", "text": "shoulder becoming more in play for"}, {"start": "00:08:17", "end": "00:08:22", "text": "Bitcoin on these charts. So, the next"}, {"start": "00:08:19", "end": "00:08:25", "text": "two days are incredibly meaningful to"}, {"start": "00:08:22", "end": "00:08:28", "text": "crypto crypto charts. Um, and it starts"}, {"start": "00:08:25", "end": "00:08:32", "text": "tomorrow in almost 24 hours as I'm"}, {"start": "00:08:28", "end": "00:08:34", "text": "recording this video with this vote on"}, {"start": "00:08:32", "end": "00:08:35", "text": "clarity closure and I will be live"}, {"start": "00:08:34", "end": "00:08:37", "text": "streaming it. So, make sure you're"}, {"start": "00:08:35", "end": "00:08:39", "text": "subscribed to the channel. Notifications"}, {"start": "00:08:37", "end": "00:08:42", "text": "are on. We'll we'll cover in real time"}, {"start": "00:08:39", "end": "00:08:44", "text": "and just really try to digest what is"}, {"start": "00:08:42", "end": "00:08:46", "text": "happening in real time. So, appreciate"}, {"start": "00:08:44", "end": "00:08:48", "text": "you all watching. We'll continue to keep"}, {"start": "00:08:46", "end": "00:08:51", "text": "an eye on everything. Maybe do a price"}, {"start": "00:08:48", "end": "00:08:52", "text": "update on cryptos later in the day if we"}, {"start": "00:08:51", "end": "00:08:54", "text": "start getting some nice price action on"}, {"start": "00:08:52", "end": "00:08:55", "text": "the short term. If you're not a"}, {"start": "00:08:54", "end": "00:08:56", "text": "subscriber, please subscribe. Turn"}, {"start": "00:08:55", "end": "00:08:58", "text": "notifications on. If you enjoyed the"}, {"start": "00:08:56", "end": "00:08:59", "text": "video, please give it a like. It means a"}, {"start": "00:08:58", "end": "00:09:03", "text": "lot to me. Helps the channel. I'll see"}, {"start": "00:08:59", "end": "00:09:03", "text": "you in the next video. God bless."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Breaking cryptoclarity act news this"}, {"start": "00:00:02", "end": "00:00:06", "text": "weekend. Last second. We're two days"}, {"start": "00:00:04", "end": "00:00:08", "text": "away from a major test for the crypto"}, {"start": "00:00:06", "end": "00:00:10", "text": "space. It's the Clarity Act closure"}, {"start": "00:00:08", "end": "00:00:12", "text": "vote. Clearing Cloer does not mean that"}, {"start": "00:00:10", "end": "00:00:14", "text": "the bill has passed, but it would clear"}, {"start": "00:00:12", "end": "00:00:16", "text": "a major hurdle. I'd view it as a very"}, {"start": "00:00:14", "end": "00:00:18", "text": "bullish signal for its chances to"}, {"start": "00:00:16", "end": "00:00:20", "text": "actually pass and it could pass very"}, {"start": "00:00:18", "end": "00:00:22", "text": "quickly. But this weekend, there's a"}, {"start": "00:00:20", "end": "00:00:24", "text": "couple events happening that have t"}, {"start": "00:00:22", "end": "00:00:25", "text": "taken place that are signaling because"}, {"start": "00:00:24", "end": "00:00:29", "text": "this thing has not looked very well in"}, {"start": "00:00:25", "end": "00:00:31", "text": "the recent weeks signaling that we might"}, {"start": "00:00:29", "end": "00:00:33", "text": "actually have a closure vote pass in a"}, {"start": "00:00:31", "end": "00:00:36", "text": "couple of days. And I want to break that"}, {"start": "00:00:33", "end": "00:00:38", "text": "down and I want to talk about that at"}, {"start": "00:00:36", "end": "00:00:40", "text": "the moment. Crypto, this is Ethereum on"}, {"start": "00:00:38", "end": "00:00:43", "text": "the monthly, but crypto is at this"}, {"start": "00:00:40", "end": "00:00:45", "text": "multi-ycle"}, {"start": "00:00:43", "end": "00:00:47", "text": "like decision point. And I'm talking"}, {"start": "00:00:45", "end": "00:00:50", "text": "about for all coins especially the last"}, {"start": "00:00:47", "end": "00:00:52", "text": "time we've been in this moment was 2020"}, {"start": "00:00:50", "end": "00:00:55", "text": "2021 area. I'm going to break it all"}, {"start": "00:00:52", "end": "00:00:56", "text": "down on these charts as we kind of go"}, {"start": "00:00:55", "end": "00:00:59", "text": "through leading into a very volatile"}, {"start": "00:00:56", "end": "00:01:00", "text": "week. We have Clarity Act set up. We"}, {"start": "00:00:59", "end": "00:01:02", "text": "have the Fed rate decision also this"}, {"start": "00:01:00", "end": "00:01:04", "text": "week. But I want to start with what is"}, {"start": "00:01:02", "end": "00:01:06", "text": "going on with Clarity Act because there"}, {"start": "00:01:04", "end": "00:01:08", "text": "are some developments and I want to as"}, {"start": "00:01:06", "end": "00:01:10", "text": "context to this start with something"}, {"start": "00:01:08", "end": "00:01:12", "text": "Brian Armstrong said in a recent"}, {"start": "00:01:10", "end": "00:01:13", "text": "interview really briefly. Just listen to"}, {"start": "00:01:12", "end": "00:01:14", "text": "what he says here and then we're going"}, {"start": "00:01:13", "end": "00:01:16", "text": "to discuss. know that uh the White"}, {"start": "00:01:14", "end": "00:01:18", "text": "House, the president has already put an"}, {"start": "00:01:16", "end": "00:01:19", "text": "offer on the table that has a very"}, {"start": "00:01:18", "end": "00:01:21", "text": "strong ethics provision. My"}, {"start": "00:01:19", "end": "00:01:23", "text": "understanding is that it's unprecedented"}, {"start": "00:01:21", "end": "00:01:25", "text": "for any piece of legislation uh coming"}, {"start": "00:01:23", "end": "00:01:26", "text": "out of Congress to include ethics"}, {"start": "00:01:25", "end": "00:01:28", "text": "provisions like this on a sitting"}, {"start": "00:01:26", "end": "00:01:30", "text": "president uh due to the separation of"}, {"start": "00:01:28", "end": "00:01:31", "text": "powers under the constitution."}, {"start": "00:01:30", "end": "00:01:33", "text": "Nonetheless, the president has"}, {"start": "00:01:31", "end": "00:01:35", "text": "volunteered an option. Uh the Democrats,"}, {"start": "00:01:33", "end": "00:01:36", "text": "I think, have requested something a"}, {"start": "00:01:35", "end": "00:01:38", "text": "little bit beyond that, which would"}, {"start": "00:01:36", "end": "00:01:40", "text": "include devestature. So there was"}, {"start": "00:01:38", "end": "00:01:42", "text": "already a really nice deal in place for"}, {"start": "00:01:40", "end": "00:01:43", "text": "ethics that Trump and the administration"}, {"start": "00:01:42", "end": "00:01:45", "text": "came to and they wanted more. The"}, {"start": "00:01:43", "end": "00:01:47", "text": "Democrats wanted more. But listen what"}, {"start": "00:01:45", "end": "00:01:48", "text": "Brian's about to say."}, {"start": "00:01:47", "end": "00:01:51", "text": "Uh my understanding is those"}, {"start": "00:01:48", "end": "00:01:52", "text": "conversations are actively happening as"}, {"start": "00:01:51", "end": "00:01:54", "text": "uh that to me is maybe the one of the"}, {"start": "00:01:52", "end": "00:01:57", "text": "last pieces to fall into place for the"}, {"start": "00:01:54", "end": "00:02:00", "text": "September. So they wanted divevester"}, {"start": "00:01:57", "end": "00:02:02", "text": "from Trump and Brian saying these are"}, {"start": "00:02:00", "end": "00:02:05", "text": "one of the last conversations happening"}, {"start": "00:02:02", "end": "00:02:07", "text": "and then we see these headlines right"}, {"start": "00:02:05", "end": "00:02:09", "text": "and this is this is from today this"}, {"start": "00:02:07", "end": "00:02:12", "text": "morning Trump reportedly discussed"}, {"start": "00:02:09", "end": "00:02:14", "text": "clarity act ethics rules with advisers"}, {"start": "00:02:12", "end": "00:02:16", "text": "Friday as Democrats seek limits on his"}, {"start": "00:02:14", "end": "00:02:18", "text": "family's crypto proc profits per"}, {"start": "00:02:16", "end": "00:02:20", "text": "politico. That's Friday. They're having"}, {"start": "00:02:18", "end": "00:02:22", "text": "the these discussions. They're talking"}, {"start": "00:02:20", "end": "00:02:24", "text": "about it. This is this was two days ago."}, {"start": "00:02:22", "end": "00:02:27", "text": "But it's what happened that's that's"}, {"start": "00:02:24", "end": "00:02:30", "text": "making me think. And this isn't this is"}, {"start": "00:02:27", "end": "00:02:33", "text": "speculation, but it's this Patrick Witz"}, {"start": "00:02:30", "end": "00:02:34", "text": "yesterday on a Saturday, executive"}, {"start": "00:02:33", "end": "00:02:37", "text": "director, president's council of"}, {"start": "00:02:34", "end": "00:02:42", "text": "adviserss for digital assets. He posted"}, {"start": "00:02:37", "end": "00:02:44", "text": "this bad day to be a Clarity Act doomer."}, {"start": "00:02:42", "end": "00:02:47", "text": "You can look at his hype. I know Patrick"}, {"start": "00:02:44", "end": "00:02:49", "text": "Wit has been very optimistic about"}, {"start": "00:02:47", "end": "00:02:53", "text": "Clarity Act passing and he's put out"}, {"start": "00:02:49", "end": "00:02:56", "text": "some bullish posts before. So we this is"}, {"start": "00:02:53", "end": "00:02:58", "text": "completely speculation, but this this"}, {"start": "00:02:56", "end": "00:03:00", "text": "kind of course of events that has"}, {"start": "00:02:58", "end": "00:03:01", "text": "happened in recent days going into"}, {"start": "00:03:00", "end": "00:03:03", "text": "literally we're two days away from the"}, {"start": "00:03:01", "end": "00:03:05", "text": "from the Cloer the Cloer vote on the"}, {"start": "00:03:03", "end": "00:03:07", "text": "Clarity Act."}, {"start": "00:03:05", "end": "00:03:11", "text": "The Democrats want this last piece of"}, {"start": "00:03:07", "end": "00:03:14", "text": "ethics from Trump. Trump talks with"}, {"start": "00:03:11", "end": "00:03:17", "text": "advisers about ethics rules on Friday"}, {"start": "00:03:14", "end": "00:03:19", "text": "and then Patrick posts and by the way"}, {"start": "00:03:17", "end": "00:03:21", "text": "again president's council of adviserss"}, {"start": "00:03:19", "end": "00:03:24", "text": "for digital assets post this yesterday"}, {"start": "00:03:21", "end": "00:03:28", "text": "bad day to be a clarity act doomer"}, {"start": "00:03:24", "end": "00:03:29", "text": "meaning it's a bad day to think that"}, {"start": "00:03:28", "end": "00:03:31", "text": "clarity act won't pass and to be"}, {"start": "00:03:29", "end": "00:03:33", "text": "negative about it passing that's what"}, {"start": "00:03:31", "end": "00:03:35", "text": "he's saying I'm just bringing what I'm"}, {"start": "00:03:33", "end": "00:03:37", "text": "seeing these order of events to you I'm"}, {"start": "00:03:35", "end": "00:03:39", "text": "not trying to just say man we're p this"}, {"start": "00:03:37", "end": "00:03:40", "text": "thing is going to pass but that is Very"}, {"start": "00:03:39", "end": "00:03:43", "text": "interesting. So, if we could have any"}, {"start": "00:03:40", "end": "00:03:46", "text": "last moment of man, maybe this could"}, {"start": "00:03:43", "end": "00:03:47", "text": "pass, this would be the order of events."}, {"start": "00:03:46", "end": "00:03:49", "text": "All of the sudden, especially because we"}, {"start": "00:03:47", "end": "00:03:51", "text": "have midterms, midterms coming up, all"}, {"start": "00:03:49", "end": "00:03:53", "text": "of the sudden"}, {"start": "00:03:51", "end": "00:03:57", "text": "we get the the handful of Democrats that"}, {"start": "00:03:53", "end": "00:04:00", "text": "we need on board on Tuesday. Boom. It"}, {"start": "00:03:57", "end": "00:04:02", "text": "could pass. It could get through. And if"}, {"start": "00:04:00", "end": "00:04:05", "text": "it does get through"}, {"start": "00:04:02", "end": "00:04:07", "text": "the closure vote, oftentimes it's a very"}, {"start": "00:04:05", "end": "00:04:09", "text": "quick process to get through the final"}, {"start": "00:04:07", "end": "00:04:11", "text": "stages to get the to get the bill"}, {"start": "00:04:09", "end": "00:04:12", "text": "passed. So, I wanted to give an update"}, {"start": "00:04:11", "end": "00:04:13", "text": "on this as we go into this new week and"}, {"start": "00:04:12", "end": "00:04:15", "text": "we'll just we're just going to have to"}, {"start": "00:04:13", "end": "00:04:17", "text": "see what happens. It's two days away."}, {"start": "00:04:15", "end": "00:04:18", "text": "I'll be live streaming it. Uh so, make"}, {"start": "00:04:17", "end": "00:04:20", "text": "sure you're subscribed, notifications"}, {"start": "00:04:18", "end": "00:04:21", "text": "on, all that good stuff. I want to go"}, {"start": "00:04:20", "end": "00:04:24", "text": "over to charts. There's so much to talk"}, {"start": "00:04:21", "end": "00:04:27", "text": "about on these charts, everybody. while"}, {"start": "00:04:24", "end": "00:04:30", "text": "we're in this massive news uh news"}, {"start": "00:04:27", "end": "00:04:33", "text": "driven week in terms of the Fed policy"}, {"start": "00:04:30", "end": "00:04:34", "text": "decision as well as the Clarity Act. So,"}, {"start": "00:04:33", "end": "00:04:36", "text": "what I want to do is we're going to"}, {"start": "00:04:34", "end": "00:04:37", "text": "we're going to end up on the Ethereum"}, {"start": "00:04:36", "end": "00:04:40", "text": "daily chart because right now on the"}, {"start": "00:04:37", "end": "00:04:42", "text": "daily interesting to see Ethereum just"}, {"start": "00:04:40", "end": "00:04:44", "text": "pulling into this 20-day moving average,"}, {"start": "00:04:42", "end": "00:04:46", "text": "but going into this week from a"}, {"start": "00:04:44", "end": "00:04:50", "text": "volatility perspective, I want to"}, {"start": "00:04:46", "end": "00:04:53", "text": "actually just make this video a macro"}, {"start": "00:04:50", "end": "00:04:54", "text": "outlook on cycles right now. But I do"}, {"start": "00:04:53", "end": "00:04:56", "text": "want to give a short-term view,"}, {"start": "00:04:54", "end": "00:04:58", "text": "especially if the volatility plays into"}, {"start": "00:04:56", "end": "00:05:00", "text": "crypto this week in a negative way. And"}, {"start": "00:04:58", "end": "00:05:02", "text": "so I do want to just anticipate"}, {"start": "00:05:00", "end": "00:05:03", "text": "something like this. And I'm going to"}, {"start": "00:05:02", "end": "00:05:05", "text": "draw that picture for you. We're going"}, {"start": "00:05:03", "end": "00:05:07", "text": "to zoom out on the Ethereum chart last,"}, {"start": "00:05:05", "end": "00:05:09", "text": "but I first want to start on the total"}, {"start": "00:05:07", "end": "00:05:11", "text": "crypto market cap excluding Bitcoin and"}, {"start": "00:05:09", "end": "00:05:13", "text": "Ethereum. Just some things I want to"}, {"start": "00:05:11", "end": "00:05:16", "text": "paint for you in terms of the picture of"}, {"start": "00:05:13", "end": "00:05:18", "text": "these cycles. So, if we're looking at"}, {"start": "00:05:16", "end": "00:05:19", "text": "this chart, right, immediately the first"}, {"start": "00:05:18", "end": "00:05:22", "text": "thing I notice is in the middle of the"}, {"start": "00:05:19", "end": "00:05:24", "text": "screen, it is this RSI, the slower"}, {"start": "00:05:22", "end": "00:05:26", "text": "moving momentum oscillator getting ready"}, {"start": "00:05:24", "end": "00:05:28", "text": "to kind of meet this this purple line"}, {"start": "00:05:26", "end": "00:05:31", "text": "that you see here. That's the moving"}, {"start": "00:05:28", "end": "00:05:33", "text": "average on the RSI. The reason why it is"}, {"start": "00:05:31", "end": "00:05:36", "text": "so incredibly important, last time it"}, {"start": "00:05:33", "end": "00:05:40", "text": "happened, right, at a bottoming area was"}, {"start": "00:05:36", "end": "00:05:42", "text": "back here in 2023. And you can see when"}, {"start": "00:05:40", "end": "00:05:44", "text": "it crossed above that purple line, boom,"}, {"start": "00:05:42", "end": "00:05:46", "text": "that was the bull move of higher highs"}, {"start": "00:05:44", "end": "00:05:48", "text": "and higher lows on the macro beginning."}, {"start": "00:05:46", "end": "00:05:51", "text": "And this is a monthly chart, everybody."}, {"start": "00:05:48", "end": "00:05:53", "text": "Also notice this was also when the 50 uh"}, {"start": "00:05:51", "end": "00:05:55", "text": "the 50-month moving average was making"}, {"start": "00:05:53", "end": "00:05:57", "text": "its way above I'm sorry, not the 50."}, {"start": "00:05:55", "end": "00:05:59", "text": "This is the MACD line making its way"}, {"start": "00:05:57", "end": "00:06:01", "text": "above the signal line on the MACD. But"}, {"start": "00:05:59", "end": "00:06:04", "text": "just notice where we are right now."}, {"start": "00:06:01", "end": "00:06:06", "text": "Okay, we are the bottoming out of the"}, {"start": "00:06:04", "end": "00:06:08", "text": "MACD, right? So we're kind of like in"}, {"start": "00:06:06", "end": "00:06:11", "text": "this general vicinity. We're in a cycle"}, {"start": "00:06:08", "end": "00:06:14", "text": "shift. But here's the thing, and this is"}, {"start": "00:06:11", "end": "00:06:16", "text": "what differentiates this from even this,"}, {"start": "00:06:14", "end": "00:06:19", "text": "and this is what makes me even more"}, {"start": "00:06:16", "end": "00:06:21", "text": "bullish on crypto and altcoins, because"}, {"start": "00:06:19", "end": "00:06:22", "text": "I know there's not as much data,"}, {"start": "00:06:21", "end": "00:06:24", "text": "especially when you look at the MACD,"}, {"start": "00:06:22", "end": "00:06:26", "text": "but there is the MACD line. You see that"}, {"start": "00:06:24", "end": "00:06:28", "text": "blue line just starting to get"}, {"start": "00:06:26", "end": "00:06:29", "text": "separation from the signal line at this"}, {"start": "00:06:28", "end": "00:06:32", "text": "moment. Look what else is happening"}, {"start": "00:06:29", "end": "00:06:35", "text": "right here. The RSI also, as we just"}, {"start": "00:06:32", "end": "00:06:38", "text": "noted, making its way above this purple"}, {"start": "00:06:35", "end": "00:06:42", "text": "moving average line on the RSI. This was"}, {"start": "00:06:38", "end": "00:06:43", "text": "the cycle shift into bull mode. Now,"}, {"start": "00:06:42", "end": "00:06:45", "text": "what makes me so bullish this time"}, {"start": "00:06:43", "end": "00:06:47", "text": "around is because the move that's"}, {"start": "00:06:45", "end": "00:06:51", "text": "happening currently on all of these"}, {"start": "00:06:47", "end": "00:06:53", "text": "charts, the MACD, the RSI, the actual"}, {"start": "00:06:51", "end": "00:06:56", "text": "chart itself, right, as we're testing"}, {"start": "00:06:53", "end": "00:06:59", "text": "below the 20-month moving average is we"}, {"start": "00:06:56", "end": "00:07:02", "text": "are way more in this zone, the 2020"}, {"start": "00:06:59", "end": "00:07:05", "text": "zone. And the reason is because we have"}, {"start": "00:07:02", "end": "00:07:08", "text": "this chart right here. This is the"}, {"start": "00:07:05", "end": "00:07:10", "text": "beginning of expansion on the PMI, the"}, {"start": "00:07:08", "end": "00:07:13", "text": "business cycle. The last time we had"}, {"start": "00:07:10", "end": "00:07:15", "text": "that was back here in 2020 into 2021."}, {"start": "00:07:13", "end": "00:07:17", "text": "This move in the middle, there was no"}, {"start": "00:07:15", "end": "00:07:18", "text": "expansion environment. We didn't have a"}, {"start": "00:07:17", "end": "00:07:20", "text": "macroeconomic setup like we have right"}, {"start": "00:07:18", "end": "00:07:23", "text": "now. So, I know I've been just"}, {"start": "00:07:20", "end": "00:07:24", "text": "mentioning this to you often, but I"}, {"start": "00:07:23", "end": "00:07:26", "text": "wanted to really bring it together on"}, {"start": "00:07:24", "end": "00:07:28", "text": "this total crypto market cap chart"}, {"start": "00:07:26", "end": "00:07:30", "text": "excluding Bitcoin and Ethereum. And I"}, {"start": "00:07:28", "end": "00:07:32", "text": "want to continue to tell this story from"}, {"start": "00:07:30", "end": "00:07:36", "text": "different visualization standpoints. So,"}, {"start": "00:07:32", "end": "00:07:40", "text": "I want to go now to the total market cap"}, {"start": "00:07:36", "end": "00:07:42", "text": "dominance chart uh excluding top 10. So,"}, {"start": "00:07:40", "end": "00:07:44", "text": "this is truly altcoins. And I know I've"}, {"start": "00:07:42", "end": "00:07:46", "text": "been just visualizing this with you,"}, {"start": "00:07:44", "end": "00:07:49", "text": "which is to say, man, look at the"}, {"start": "00:07:46", "end": "00:07:52", "text": "correlation on this monthly chart with"}, {"start": "00:07:49", "end": "00:07:53", "text": "um the PMI, the business cycle. We're"}, {"start": "00:07:52", "end": "00:07:55", "text": "going to get an even clearer picture of"}, {"start": "00:07:53", "end": "00:07:57", "text": "this on the weekly chart in a moment."}, {"start": "00:07:55", "end": "00:07:58", "text": "But what I really want to point out to"}, {"start": "00:07:57", "end": "00:08:01", "text": "you is a couple things on this chart."}, {"start": "00:07:58", "end": "00:08:02", "text": "Now besides just yeah the correlation to"}, {"start": "00:08:01", "end": "00:08:05", "text": "the business cycle and really the last"}, {"start": "00:08:02", "end": "00:08:09", "text": "time we had this correlation was"}, {"start": "00:08:05", "end": "00:08:10", "text": "expansion in 2020 and 2021 boom also the"}, {"start": "00:08:09", "end": "00:08:12", "text": "end of quantitative tightening. I know I"}, {"start": "00:08:10", "end": "00:08:16", "text": "sound like a broken record. I talk about"}, {"start": "00:08:12", "end": "00:08:20", "text": "this a lot but just notice the 20month"}, {"start": "00:08:16", "end": "00:08:22", "text": "moving average test. Right now we are at"}, {"start": "00:08:20", "end": "00:08:24", "text": "this I mean this is really this is the"}, {"start": "00:08:22", "end": "00:08:26", "text": "pressure cooker moment. What I am"}, {"start": "00:08:24", "end": "00:08:28", "text": "waiting for on this altcoin dominance"}, {"start": "00:08:26", "end": "00:08:30", "text": "chart is the escape of the 20-month"}, {"start": "00:08:28", "end": "00:08:32", "text": "moving average."}, {"start": "00:08:30", "end": "00:08:35", "text": "We're going into this week right now."}, {"start": "00:08:32", "end": "00:08:38", "text": "Clarity act drama. Fed rate hike or not"}, {"start": "00:08:35", "end": "00:08:41", "text": "drama this week. These are very"}, {"start": "00:08:38", "end": "00:08:44", "text": "shortterm driven type of headlines. And"}, {"start": "00:08:41", "end": "00:08:45", "text": "I think the war, the oil shock, the the"}, {"start": "00:08:44", "end": "00:08:47", "text": "energy shock that's happening, the"}, {"start": "00:08:45", "end": "00:08:49", "text": "inflation shock, short-term inflation"}, {"start": "00:08:47", "end": "00:08:51", "text": "shock because of energy shock, all of"}, {"start": "00:08:49", "end": "00:08:54", "text": "these things are keeping this pressure"}, {"start": "00:08:51", "end": "00:08:56", "text": "cooker from taking off. And the pressure"}, {"start": "00:08:54", "end": "00:09:00", "text": "cooker is connected to this the business"}, {"start": "00:08:56", "end": "00:09:02", "text": "cycle. I am looking for just a loosening"}, {"start": "00:09:00", "end": "00:09:04", "text": "of these these dramatic events. And this"}, {"start": "00:09:02", "end": "00:09:05", "text": "week is going to be a big week because"}, {"start": "00:09:04", "end": "00:09:06", "text": "we're going to put these events behind"}, {"start": "00:09:05", "end": "00:09:08", "text": "us. Either way, Fed will make its"}, {"start": "00:09:06", "end": "00:09:11", "text": "decision, the Clarity Act will make its"}, {"start": "00:09:08", "end": "00:09:14", "text": "decision, and then we can really start"}, {"start": "00:09:11", "end": "00:09:16", "text": "monitoring the the fund data, the escape"}, {"start": "00:09:14", "end": "00:09:19", "text": "of altcoins from this 20month moving"}, {"start": "00:09:16", "end": "00:09:23", "text": "average, this green line, because the"}, {"start": "00:09:19", "end": "00:09:26", "text": "last time that we had this was back here"}, {"start": "00:09:23", "end": "00:09:27", "text": "in 20120. And just notice, look at I"}, {"start": "00:09:26", "end": "00:09:29", "text": "mean, we had three months of resistance"}, {"start": "00:09:27", "end": "00:09:31", "text": "here at the 20-month moving average"}, {"start": "00:09:29", "end": "00:09:33", "text": "before it did escape, right? So, that"}, {"start": "00:09:31", "end": "00:09:35", "text": "resistance, we're like right there right"}, {"start": "00:09:33", "end": "00:09:37", "text": "now. We're just consolidating with it."}, {"start": "00:09:35", "end": "00:09:38", "text": "I'm looking for the escape. And this is"}, {"start": "00:09:37", "end": "00:09:41", "text": "where we are in the macro setup of"}, {"start": "00:09:38", "end": "00:09:42", "text": "things. On the daily, even on the"}, {"start": "00:09:41", "end": "00:09:43", "text": "weekly, there can be a lot of"}, {"start": "00:09:42", "end": "00:09:44", "text": "volatility. We're about to look at it on"}, {"start": "00:09:43", "end": "00:09:47", "text": "Ethereum. But right now, everybody, the"}, {"start": "00:09:44", "end": "00:09:51", "text": "setup on the macro for crypto, it has"}, {"start": "00:09:47", "end": "00:09:54", "text": "not looked this good since literally"}, {"start": "00:09:51", "end": "00:09:57", "text": "2020. And so, with that being said, if I"}, {"start": "00:09:54", "end": "00:09:59", "text": "open up also the momentum oscillators on"}, {"start": "00:09:57", "end": "00:10:01", "text": "this chart, I just want to point this to"}, {"start": "00:09:59", "end": "00:10:03", "text": "your attention. If you look at I mean"}, {"start": "00:10:01", "end": "00:10:05", "text": "we're we're comparing back here, right?"}, {"start": "00:10:03", "end": "00:10:07", "text": "We're at this 20-month moving average"}, {"start": "00:10:05", "end": "00:10:09", "text": "resistance. Look at what was happening"}, {"start": "00:10:07", "end": "00:10:11", "text": "on the chart. We were above the moving"}, {"start": "00:10:09", "end": "00:10:12", "text": "average line and consolidating on the"}, {"start": "00:10:11", "end": "00:10:15", "text": "RSI, the slower moving momentum"}, {"start": "00:10:12", "end": "00:10:18", "text": "oscillator. This moment was the"}, {"start": "00:10:15", "end": "00:10:20", "text": "beginning of the bull. It was I mean it"}, {"start": "00:10:18", "end": "00:10:22", "text": "was still in that just indecisive"}, {"start": "00:10:20", "end": "00:10:24", "text": "moment. It was still in that moment"}, {"start": "00:10:22", "end": "00:10:25", "text": "where people wouldn't even believe that"}, {"start": "00:10:24", "end": "00:10:28", "text": "we're about to have a crazy altcoin"}, {"start": "00:10:25", "end": "00:10:30", "text": "season, a crazy crypto bull market. This"}, {"start": "00:10:28", "end": "00:10:32", "text": "was what was happening on the RSI. This"}, {"start": "00:10:30", "end": "00:10:35", "text": "is precisely what's happening on the RSI"}, {"start": "00:10:32", "end": "00:10:36", "text": "right now. And notice two things. This"}, {"start": "00:10:35", "end": "00:10:39", "text": "is quantitative tightening ending."}, {"start": "00:10:36", "end": "00:10:40", "text": "Altcoins going into this moment. This"}, {"start": "00:10:39", "end": "00:10:42", "text": "was the first ever quantitative"}, {"start": "00:10:40", "end": "00:10:45", "text": "tightening ending in July of 2019."}, {"start": "00:10:42", "end": "00:10:47", "text": "Altcoins going into this moment. Do you"}, {"start": "00:10:45", "end": "00:10:50", "text": "understand the macro cycle shift that we"}, {"start": "00:10:47", "end": "00:10:52", "text": "are at right now? It could not be any"}, {"start": "00:10:50", "end": "00:10:53", "text": "better. And it's not a guarantee of"}, {"start": "00:10:52", "end": "00:10:55", "text": "anything, but if we're waiting for"}, {"start": "00:10:53", "end": "00:10:56", "text": "signals on the macro as value investors"}, {"start": "00:10:55", "end": "00:10:58", "text": "in the crypto space, it just could not"}, {"start": "00:10:56", "end": "00:11:01", "text": "be any better than right now. All the"}, {"start": "00:10:58", "end": "00:11:03", "text": "while, similar thing on the MACD. The"}, {"start": "00:11:01", "end": "00:11:05", "text": "pivot of the MACD right now happening in"}, {"start": "00:11:03", "end": "00:11:08", "text": "real time. It has been an overly"}, {"start": "00:11:05", "end": "00:11:11", "text": "extended, oversold, contracted MACD. And"}, {"start": "00:11:08", "end": "00:11:13", "text": "that's because of the overly contracted"}, {"start": "00:11:11", "end": "00:11:15", "text": "business cycle that we've seen. We go"}, {"start": "00:11:13", "end": "00:11:18", "text": "over here on the weekly chart to the"}, {"start": "00:11:15", "end": "00:11:20", "text": "same exact chart. It's top 10 dominance"}, {"start": "00:11:18", "end": "00:11:22", "text": "or everything excluding top 10"}, {"start": "00:11:20", "end": "00:11:23", "text": "dominance. And just look at this on the"}, {"start": "00:11:22", "end": "00:11:25", "text": "weekly. The reason I wanted to bring"}, {"start": "00:11:23", "end": "00:11:27", "text": "this up is because it really does give a"}, {"start": "00:11:25", "end": "00:11:29", "text": "very nice clear representation of the"}, {"start": "00:11:27", "end": "00:11:33", "text": "correlation to the business cycle in"}, {"start": "00:11:29", "end": "00:11:35", "text": "green at the bottom. But it's also just"}, {"start": "00:11:33", "end": "00:11:37", "text": "when we're thinking in terms of starting"}, {"start": "00:11:35", "end": "00:11:38", "text": "to zoom in on these charts, I really"}, {"start": "00:11:37", "end": "00:11:40", "text": "like the consolidation of these"}, {"start": "00:11:38", "end": "00:11:43", "text": "weeklies. Look at the weekly, the 20we"}, {"start": "00:11:40", "end": "00:11:45", "text": "in green, the 50we in blue, just"}, {"start": "00:11:43", "end": "00:11:47", "text": "squeezing together at the bottom of all"}, {"start": "00:11:45", "end": "00:11:49", "text": "this move. Right? We've been in a"}, {"start": "00:11:47", "end": "00:11:51", "text": "downtrend since this top in January of"}, {"start": "00:11:49", "end": "00:11:54", "text": "2022"}, {"start": "00:11:51", "end": "00:11:55", "text": "on this chart. And just look at this."}, {"start": "00:11:54", "end": "00:11:57", "text": "It's the squeezing of these moving"}, {"start": "00:11:55", "end": "00:12:00", "text": "averages that I really like to see. It's"}, {"start": "00:11:57", "end": "00:12:01", "text": "very similar to the moment in 2020 that"}, {"start": "00:12:00", "end": "00:12:03", "text": "we were just discussing. It's the"}, {"start": "00:12:01", "end": "00:12:06", "text": "squeezing of the moving averages. And"}, {"start": "00:12:03", "end": "00:12:09", "text": "now we wait for the move, the explosive"}, {"start": "00:12:06", "end": "00:12:11", "text": "move to the upside. And by the way, I I"}, {"start": "00:12:09", "end": "00:12:14", "text": "want to be very clear. That's the"}, {"start": "00:12:11", "end": "00:12:16", "text": "bullish case, the bullish visualization."}, {"start": "00:12:14", "end": "00:12:18", "text": "We need to always be mindful that it"}, {"start": "00:12:16", "end": "00:12:20", "text": "could just break down and we don't have"}, {"start": "00:12:18", "end": "00:12:22", "text": "to repeat what happened last cycle. I"}, {"start": "00:12:20", "end": "00:12:25", "text": "could be wrong about business cycle. It"}, {"start": "00:12:22", "end": "00:12:26", "text": "could fail. It gets contracted once"}, {"start": "00:12:25", "end": "00:12:29", "text": "again and we don't go into expansion"}, {"start": "00:12:26", "end": "00:12:30", "text": "right now. I could be wrong about that,"}, {"start": "00:12:29", "end": "00:12:33", "text": "right? That we're getting ready for a"}, {"start": "00:12:30", "end": "00:12:34", "text": "macro expansion."}, {"start": "00:12:33", "end": "00:12:37", "text": "The purpose of this video is to show you"}, {"start": "00:12:34", "end": "00:12:38", "text": "the setup for macro expansion. And"}, {"start": "00:12:37", "end": "00:12:40", "text": "that's the setup that I think we are at"}, {"start": "00:12:38", "end": "00:12:43", "text": "right now. But please be prepared for"}, {"start": "00:12:40", "end": "00:12:45", "text": "every scenario. Please balance your risk"}, {"start": "00:12:43", "end": "00:12:47", "text": "because yes, we haven't had bullish"}, {"start": "00:12:45", "end": "00:12:51", "text": "indicators like this like coming"}, {"start": "00:12:47", "end": "00:12:54", "text": "together so insanely nice since 2020"}, {"start": "00:12:51", "end": "00:12:55", "text": "2021, but that's not a guarantee that it"}, {"start": "00:12:54", "end": "00:12:57", "text": "will repeat. I want to be very clear"}, {"start": "00:12:55", "end": "00:12:59", "text": "about that. Then we go look at this."}, {"start": "00:12:57", "end": "00:13:01", "text": "This is total two. So basically"}, {"start": "00:12:59", "end": "00:13:04", "text": "everything excluding Bitcoin versus S&P"}, {"start": "00:13:01", "end": "00:13:06", "text": "500. And just look at this same exact"}, {"start": "00:13:04", "end": "00:13:07", "text": "thing. We looked at the altcoin market"}, {"start": "00:13:06", "end": "00:13:09", "text": "cap chart. We looked at all these"}, {"start": "00:13:07", "end": "00:13:13", "text": "oscillators, momentum oscillators. we"}, {"start": "00:13:09", "end": "00:13:15", "text": "are in this moment like we were once"}, {"start": "00:13:13", "end": "00:13:18", "text": "again in 2020 where we have a squeezing"}, {"start": "00:13:15", "end": "00:13:21", "text": "of the monthly uh moving averages right"}, {"start": "00:13:18", "end": "00:13:23", "text": "and we have this this intersection of"}, {"start": "00:13:21", "end": "00:13:25", "text": "contraction of the business cycle into"}, {"start": "00:13:23", "end": "00:13:28", "text": "expansion this is exactly what's"}, {"start": "00:13:25", "end": "00:13:31", "text": "happening now years of contraction into"}, {"start": "00:13:28", "end": "00:13:32", "text": "expansion the squeezing of these macro"}, {"start": "00:13:31", "end": "00:13:36", "text": "moving uh moving averages on this"}, {"start": "00:13:32", "end": "00:13:38", "text": "monthly chart and crypto versus S&P 500"}, {"start": "00:13:36", "end": "00:13:41", "text": "it is just starting and this is the"}, {"start": "00:13:38", "end": "00:13:43", "text": "rotation We see when we get business"}, {"start": "00:13:41", "end": "00:13:45", "text": "cycle moving into expansion. I say it"}, {"start": "00:13:43", "end": "00:13:48", "text": "all the time moving down the risk curve"}, {"start": "00:13:45", "end": "00:13:53", "text": "right and that means S&P 500 first which"}, {"start": "00:13:48", "end": "00:13:56", "text": "has happened. Russell 2000 uh copper"}, {"start": "00:13:53", "end": "00:13:57", "text": "finally finally crypto and that's the"}, {"start": "00:13:56", "end": "00:13:58", "text": "picture that you see here on the screen."}, {"start": "00:13:57", "end": "00:14:01", "text": "Doesn't get any more clear than this. So"}, {"start": "00:13:58", "end": "00:14:04", "text": "if we get continued expansion that last"}, {"start": "00:14:01", "end": "00:14:06", "text": "that last asset class to expand with it"}, {"start": "00:14:04", "end": "00:14:08", "text": "on the risk curve is crypto. And you can"}, {"start": "00:14:06", "end": "00:14:11", "text": "see it's at the starting line versus the"}, {"start": "00:14:08", "end": "00:14:13", "text": "S&P 500 right now. All the indicators"}, {"start": "00:14:11", "end": "00:14:15", "text": "suggest this, right? This was the"}, {"start": "00:14:13", "end": "00:14:17", "text": "beginning of the explosive move."}, {"start": "00:14:15", "end": "00:14:19", "text": "Finally, just capital rotating into"}, {"start": "00:14:17", "end": "00:14:21", "text": "crypto right here. This is where we are"}, {"start": "00:14:19", "end": "00:14:23", "text": "right now, everybody. And it's going"}, {"start": "00:14:21", "end": "00:14:24", "text": "into this week where we have Clarity"}, {"start": "00:14:23", "end": "00:14:26", "text": "Act, where we have a huge Fed rate"}, {"start": "00:14:24", "end": "00:14:28", "text": "decision. No matter what happens with"}, {"start": "00:14:26", "end": "00:14:30", "text": "these two things, you know what? Those"}, {"start": "00:14:28", "end": "00:14:32", "text": "two things of uncertainty will be behind"}, {"start": "00:14:30", "end": "00:14:34", "text": "us on the short term and we can start"}, {"start": "00:14:32", "end": "00:14:36", "text": "really thinking about these macro setups"}, {"start": "00:14:34", "end": "00:14:38", "text": "on the long term. And if you're a macro"}, {"start": "00:14:36", "end": "00:14:40", "text": "investor, that is everything in terms of"}, {"start": "00:14:38", "end": "00:14:42", "text": "these crypto charts. I said I would end"}, {"start": "00:14:40", "end": "00:14:44", "text": "on the Ethereum chart because going into"}, {"start": "00:14:42", "end": "00:14:46", "text": "this week again, there could be"}, {"start": "00:14:44", "end": "00:14:48", "text": "volatility. I wanted to zoom out with"}, {"start": "00:14:46", "end": "00:14:51", "text": "this scenario in mind. Put aside the"}, {"start": "00:14:48", "end": "00:14:54", "text": "headlines. Right now, even if we didn't"}, {"start": "00:14:51", "end": "00:14:57", "text": "have headlines, we have this 50 moving"}, {"start": "00:14:54", "end": "00:14:59", "text": "average making its way above the 200 day"}, {"start": "00:14:57", "end": "00:15:01", "text": "moving average. We got overextension"}, {"start": "00:14:59", "end": "00:15:03", "text": "from all moving averages. We pull into"}, {"start": "00:15:01", "end": "00:15:05", "text": "the 20. It would be a normal move to"}, {"start": "00:15:03", "end": "00:15:08", "text": "pull into these moving averages alone"}, {"start": "00:15:05", "end": "00:15:09", "text": "and test as support. Notice what is"}, {"start": "00:15:08", "end": "00:15:12", "text": "there. It's the upper trend line of this"}, {"start": "00:15:09", "end": "00:15:15", "text": "this channel that we recently broke out"}, {"start": "00:15:12", "end": "00:15:18", "text": "of. Boom. Throwback to that area."}, {"start": "00:15:15", "end": "00:15:20", "text": "Ethereum at $2,000 this week. Don't be"}, {"start": "00:15:18", "end": "00:15:22", "text": "surprised if especially if market"}, {"start": "00:15:20", "end": "00:15:24", "text": "makers, you know, anybody out there"}, {"start": "00:15:22", "end": "00:15:25", "text": "that's going to be playing games with"}, {"start": "00:15:24", "end": "00:15:28", "text": "this market, they want to bring that"}, {"start": "00:15:25", "end": "00:15:30", "text": "back down. They have insane amount of"}, {"start": "00:15:28", "end": "00:15:32", "text": "fuel to do that. Especially this week"}, {"start": "00:15:30", "end": "00:15:34", "text": "because of the headlines going into the"}, {"start": "00:15:32", "end": "00:15:35", "text": "volatility of the Fed decision, going"}, {"start": "00:15:34", "end": "00:15:38", "text": "into the volatility of the Clarity Act"}, {"start": "00:15:35", "end": "00:15:40", "text": "vote. It it's so in play for Ethereum,"}, {"start": "00:15:38", "end": "00:15:42", "text": "crypto, altcoins, Bitcoin to"}, {"start": "00:15:40", "end": "00:15:45", "text": "consolidate. We could be right back down"}, {"start": "00:15:42", "end": "00:15:48", "text": "on Ethereum to the to the $2,000 area"}, {"start": "00:15:45", "end": "00:15:50", "text": "very quickly. I I digress from that. I"}, {"start": "00:15:48", "end": "00:15:51", "text": "mean, right now, Ethereum's at the"}, {"start": "00:15:50", "end": "00:15:54", "text": "20-day moving average. Maybe it holds"}, {"start": "00:15:51", "end": "00:15:57", "text": "support. Maybe because there is such a"}, {"start": "00:15:54", "end": "00:15:58", "text": "story to tell for downside, maybe the"}, {"start": "00:15:57", "end": "00:16:01", "text": "market does something completely"}, {"start": "00:15:58", "end": "00:16:03", "text": "opposite and all of a sudden we start"}, {"start": "00:16:01", "end": "00:16:05", "text": "making a move to the upside. Especially,"}, {"start": "00:16:03", "end": "00:16:07", "text": "what if we get a little surprise? What"}, {"start": "00:16:05", "end": "00:16:09", "text": "if we get a little surprise? Fed doesn't"}, {"start": "00:16:07", "end": "00:16:10", "text": "hike rates. And there's like an 85%"}, {"start": "00:16:09", "end": "00:16:12", "text": "chance they do. I know I'm the"}, {"start": "00:16:10", "end": "00:16:13", "text": "contrarian that says I don't think"}, {"start": "00:16:12", "end": "00:16:16", "text": "they're going to. I don't think that's"}, {"start": "00:16:13", "end": "00:16:19", "text": "what but this is how WASH is going to"}, {"start": "00:16:16", "end": "00:16:22", "text": "proceed with policy decisions based on"}, {"start": "00:16:19", "end": "00:16:23", "text": "short-term energy shocks to inflation."}, {"start": "00:16:22", "end": "00:16:25", "text": "But we'll see. I could be completely"}, {"start": "00:16:23", "end": "00:16:26", "text": "wrong about that. But what if we get a"}, {"start": "00:16:25", "end": "00:16:28", "text": "surprise there? What if we get a"}, {"start": "00:16:26", "end": "00:16:30", "text": "surprise with Clarity Act and it"}, {"start": "00:16:28", "end": "00:16:34", "text": "actually passes through Cloer? Maybe"}, {"start": "00:16:30", "end": "00:16:36", "text": "this is a setup for a move to 3,000 for"}, {"start": "00:16:34", "end": "00:16:37", "text": "Ethereum and we don't get that volatile"}, {"start": "00:16:36", "end": "00:16:39", "text": "just break to the downside because of"}, {"start": "00:16:37", "end": "00:16:40", "text": "all the uncertainty. A lot of"}, {"start": "00:16:39", "end": "00:16:43", "text": "speculation everybody. Nobody knows."}, {"start": "00:16:40", "end": "00:16:45", "text": "balance your risk for either direction."}, {"start": "00:16:43", "end": "00:16:48", "text": "Be prepared for it. But at the end of"}, {"start": "00:16:45", "end": "00:16:50", "text": "the day, I I can't help but continue to"}, {"start": "00:16:48", "end": "00:16:54", "text": "focus on the macro, the macroeconomic"}, {"start": "00:16:50", "end": "00:16:57", "text": "setup, the cycle setup for crypto, and"}, {"start": "00:16:54", "end": "00:17:00", "text": "really all of this while capital and"}, {"start": "00:16:57", "end": "00:17:02", "text": "innovation continues to find its way"}, {"start": "00:17:00", "end": "00:17:03", "text": "into the crypto space. So, I appreciate"}, {"start": "00:17:02", "end": "00:17:05", "text": "you watching on this Sunday. I hope"}, {"start": "00:17:03", "end": "00:17:07", "text": "you're having a great Sunday. Have a"}, {"start": "00:17:05", "end": "00:17:09", "text": "great week this week and God bless"}, {"start": "00:17:07", "end": "00:17:10", "text": "everybody. I hope you have a great week."}, {"start": "00:17:09", "end": "00:17:13", "text": "I'll see you in the next video. God"}, {"start": "00:17:10", "end": "00:17:13", "text": "bless."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Ethereum waking up on the hourly chart,"}, {"start": "00:00:02", "end": "00:00:07", "text": "but it's what it means on the Ethereum"}, {"start": "00:00:04", "end": "00:00:09", "text": "monthly that is everything if you're a"}, {"start": "00:00:07", "end": "00:00:11", "text": "crypto holder, specifically if you're an"}, {"start": "00:00:09", "end": "00:00:12", "text": "altcoin holder. And I want to go over"}, {"start": "00:00:11", "end": "00:00:14", "text": "these charts today. Right now, there's a"}, {"start": "00:00:12", "end": "00:00:17", "text": "lot of price action. There's a lot of"}, {"start": "00:00:14", "end": "00:00:20", "text": "things to watch for on Ethereum,"}, {"start": "00:00:17", "end": "00:00:21", "text": "Cardano, Knight, Dog, all of these"}, {"start": "00:00:20", "end": "00:00:23", "text": "tokens. These are these are my favorite"}, {"start": "00:00:21", "end": "00:00:24", "text": "altcoins right now. And I want to go"}, {"start": "00:00:23", "end": "00:00:26", "text": "through actually some deep price"}, {"start": "00:00:24", "end": "00:00:28", "text": "analysis because we are at such insane"}, {"start": "00:00:26", "end": "00:00:30", "text": "levels. I want to start with just"}, {"start": "00:00:28", "end": "00:00:31", "text": "actually a reminder on the Bitcoin"}, {"start": "00:00:30", "end": "00:00:33", "text": "monthly. Don't forget where we are"}, {"start": "00:00:31", "end": "00:00:34", "text": "everybody. We are in a cycle shift."}, {"start": "00:00:33", "end": "00:00:37", "text": "We've just been noting this in our"}, {"start": "00:00:34", "end": "00:00:39", "text": "analysis recently. We're coming out of a"}, {"start": "00:00:37", "end": "00:00:42", "text": "low, a macro low. And every time this"}, {"start": "00:00:39", "end": "00:00:44", "text": "has happened, this has led to a really"}, {"start": "00:00:42", "end": "00:00:46", "text": "nice gain in the crypto markets. What"}, {"start": "00:00:44", "end": "00:00:50", "text": "makes it different this time is we're"}, {"start": "00:00:46", "end": "00:00:52", "text": "coming out of multi-year like five-year"}, {"start": "00:00:50", "end": "00:00:54", "text": "contraction of the business cycle. That"}, {"start": "00:00:52", "end": "00:00:56", "text": "is economic contraction getting ready to"}, {"start": "00:00:54", "end": "00:00:58", "text": "go into expansion. And before we get"}, {"start": "00:00:56", "end": "00:01:00", "text": "into these altcoin charts, and I want to"}, {"start": "00:00:58", "end": "00:01:02", "text": "start with altcoin dominance excluding"}, {"start": "00:01:00", "end": "00:01:04", "text": "top 10, I just want to read this post"}, {"start": "00:01:02", "end": "00:01:07", "text": "that I did just a little bit ago because"}, {"start": "00:01:04", "end": "00:01:09", "text": "right now this is the headline and it is"}, {"start": "00:01:07", "end": "00:01:11", "text": "incredibly important. If you're a crypto"}, {"start": "00:01:09", "end": "00:01:15", "text": "holder, the inflation data came out"}, {"start": "00:01:11", "end": "00:01:17", "text": "today. We can put it behind us. And"}, {"start": "00:01:15", "end": "00:01:18", "text": "there's a reason I'm saying this and I'm"}, {"start": "00:01:17", "end": "00:01:20", "text": "going to explain it to you on the"}, {"start": "00:01:18", "end": "00:01:22", "text": "charts, but we're now days away from"}, {"start": "00:01:20", "end": "00:01:25", "text": "putting the Fed decision behind us as"}, {"start": "00:01:22", "end": "00:01:27", "text": "well. This is just my opinion, but Fed"}, {"start": "00:01:25", "end": "00:01:29", "text": "will likely not raise rates like the"}, {"start": "00:01:27", "end": "00:01:31", "text": "headlines are screaming. The energy"}, {"start": "00:01:29", "end": "00:01:33", "text": "shock driving all these headlines will"}, {"start": "00:01:31", "end": "00:01:35", "text": "end and everything will change very"}, {"start": "00:01:33", "end": "00:01:36", "text": "fast. I thought the energy shock would"}, {"start": "00:01:35", "end": "00:01:39", "text": "end sooner. I thought the war would be"}, {"start": "00:01:36", "end": "00:01:42", "text": "over by now and it's not. I do still"}, {"start": "00:01:39", "end": "00:01:46", "text": "think the energy shock will end when the"}, {"start": "00:01:42", "end": "00:01:49", "text": "war ends out of nowhere and the"}, {"start": "00:01:46", "end": "00:01:52", "text": "suppression of the crypto cycle, the"}, {"start": "00:01:49", "end": "00:01:52", "text": "suppression of the business cycle. And"}, {"start": "00:01:52", "end": "00:01:54", "text": "actually, I'm going to bring up the"}, {"start": "00:01:52", "end": "00:01:56", "text": "altcoin dominance chart to to just"}, {"start": "00:01:54", "end": "00:02:00", "text": "visualize this with you. There is a"}, {"start": "00:01:56", "end": "00:02:02", "text": "leash right now on the beginning of this"}, {"start": "00:02:00", "end": "00:02:05", "text": "expansion of the business cycle. And"}, {"start": "00:02:02", "end": "00:02:08", "text": "that leash is energy, the energy shock."}, {"start": "00:02:05", "end": "00:02:11", "text": "And that leash is the war. It's holding"}, {"start": "00:02:08", "end": "00:02:13", "text": "the expansion back. Once that ends,"}, {"start": "00:02:11", "end": "00:02:15", "text": "we're going to have expansion. And this"}, {"start": "00:02:13", "end": "00:02:17", "text": "is meaningful to my thesis for crypto."}, {"start": "00:02:15", "end": "00:02:19", "text": "And that is when we have expansion, this"}, {"start": "00:02:17", "end": "00:02:21", "text": "is when bull markets happen. Economic"}, {"start": "00:02:19", "end": "00:02:23", "text": "expansion equals crypto. markets,"}, {"start": "00:02:21", "end": "00:02:26", "text": "especially for this chart. This is"}, {"start": "00:02:23", "end": "00:02:29", "text": "altcoin dominance. This is excluding the"}, {"start": "00:02:26", "end": "00:02:31", "text": "top 10. It's not a surprise to me that"}, {"start": "00:02:29", "end": "00:02:33", "text": "when we get economic expansion, altcoin"}, {"start": "00:02:31", "end": "00:02:35", "text": "dominance goes up because altcoins are"}, {"start": "00:02:33", "end": "00:02:37", "text": "the very last on the risk curve, right?"}, {"start": "00:02:35", "end": "00:02:40", "text": "In terms of capital flowing into all"}, {"start": "00:02:37", "end": "00:02:43", "text": "these asset classes, copper, S&P 500,"}, {"start": "00:02:40", "end": "00:02:44", "text": "Russell 2000, and then crypto. But even"}, {"start": "00:02:43", "end": "00:02:46", "text": "with crypto, it's like at the front"}, {"start": "00:02:44", "end": "00:02:49", "text": "front of the line in crypto is Bitcoin,"}, {"start": "00:02:46", "end": "00:02:51", "text": "Ethereum. But then it's like the really"}, {"start": "00:02:49", "end": "00:02:54", "text": "last part of the risk curve, altcoins."}, {"start": "00:02:51", "end": "00:02:56", "text": "So it's no surprise that altcoins and"}, {"start": "00:02:54", "end": "00:02:58", "text": "altcoin dominance starts turning up when"}, {"start": "00:02:56", "end": "00:03:00", "text": "we get this pivot into expansion. This"}, {"start": "00:02:58", "end": "00:03:02", "text": "is what happens and it has happened in"}, {"start": "00:03:00", "end": "00:03:04", "text": "the previous cycles. That's why I'm"}, {"start": "00:03:02", "end": "00:03:07", "text": "saying pay attention and if we get the"}, {"start": "00:03:04", "end": "00:03:10", "text": "energy shock ending, pay special"}, {"start": "00:03:07", "end": "00:03:14", "text": "attention to what's just now beginning"}, {"start": "00:03:10", "end": "00:03:16", "text": "and that is a crypto bull run. So with"}, {"start": "00:03:14", "end": "00:03:17", "text": "that being said, let's leave the altcoin"}, {"start": "00:03:16", "end": "00:03:20", "text": "dominance chart. Let's go do some"}, {"start": "00:03:17", "end": "00:03:22", "text": "analysis. So, the hourly is nice. We"}, {"start": "00:03:20", "end": "00:03:23", "text": "have to watch. I mean, this is a very"}, {"start": "00:03:22", "end": "00:03:25", "text": "short-term move. We could just throw"}, {"start": "00:03:23", "end": "00:03:28", "text": "right back down. We see this all the"}, {"start": "00:03:25", "end": "00:03:29", "text": "time in crypto, so be very careful. Um,"}, {"start": "00:03:28", "end": "00:03:32", "text": "but it's it is what's happening on the"}, {"start": "00:03:29", "end": "00:03:34", "text": "monthly while that hourly chart is"}, {"start": "00:03:32", "end": "00:03:35", "text": "playing out. If you wonder why could"}, {"start": "00:03:34", "end": "00:03:38", "text": "there be some resistance right here,"}, {"start": "00:03:35", "end": "00:03:41", "text": "even on the very zoomed in hourly, go"}, {"start": "00:03:38", "end": "00:03:45", "text": "look at the monthly. We are at literally"}, {"start": "00:03:41", "end": "00:03:47", "text": "the 20month moving average on Ethereum."}, {"start": "00:03:45", "end": "00:03:50", "text": "And if you go to this chart on Ethereum,"}, {"start": "00:03:47", "end": "00:03:53", "text": "when the 20-month moving average breaks"}, {"start": "00:03:50", "end": "00:03:55", "text": "to the upside, guess what? Ethereum goes"}, {"start": "00:03:53", "end": "00:03:57", "text": "into bull mode. And this has only"}, {"start": "00:03:55", "end": "00:03:59", "text": "happened what I mean, I'm looking at"}, {"start": "00:03:57", "end": "00:04:01", "text": "this chart not many times on this chart."}, {"start": "00:03:59", "end": "00:04:02", "text": "What's meaningful is not to even just"}, {"start": "00:04:01", "end": "00:04:04", "text": "look at every time it happened. There it"}, {"start": "00:04:02", "end": "00:04:07", "text": "is breaking the 20-month. Here it is"}, {"start": "00:04:04", "end": "00:04:09", "text": "breaking the 20-month. What's important"}, {"start": "00:04:07", "end": "00:04:11", "text": "to to look at is well, when's the last"}, {"start": "00:04:09", "end": "00:04:13", "text": "time it broke above the 20-month when"}, {"start": "00:04:11", "end": "00:04:16", "text": "we're getting expansion and we're going"}, {"start": "00:04:13", "end": "00:04:18", "text": "into a new expansion era for for the"}, {"start": "00:04:16", "end": "00:04:20", "text": "economy and for PMI and the business"}, {"start": "00:04:18", "end": "00:04:22", "text": "cycle. Well, the last time that happened"}, {"start": "00:04:20", "end": "00:04:24", "text": "was back here in May of 2020. And that's"}, {"start": "00:04:22", "end": "00:04:26", "text": "where we are right now at this moment"}, {"start": "00:04:24", "end": "00:04:28", "text": "for Ethereum. And this is what it looks"}, {"start": "00:04:26", "end": "00:04:30", "text": "like on the hourly chart. So, if you're"}, {"start": "00:04:28", "end": "00:04:33", "text": "an altcoin holder, this is everything"}, {"start": "00:04:30", "end": "00:04:36", "text": "for this upcoming bull cycle. And I when"}, {"start": "00:04:33", "end": "00:04:38", "text": "I say bull cycle, I mean an expansion"}, {"start": "00:04:36", "end": "00:04:42", "text": "bull cycle because the last time we had"}, {"start": "00:04:38", "end": "00:04:43", "text": "one was back here in 2020. So Ethereum"}, {"start": "00:04:42", "end": "00:04:45", "text": "just looking really cool in terms of"}, {"start": "00:04:43", "end": "00:04:47", "text": "these charts, the monthly, the hourly."}, {"start": "00:04:45", "end": "00:04:48", "text": "We can take a glance at the daily."}, {"start": "00:04:47", "end": "00:04:51", "text": "You'll notice we broke out of a range"}, {"start": "00:04:48", "end": "00:04:53", "text": "that we were in very powerfully. It's"}, {"start": "00:04:51", "end": "00:04:56", "text": "good, but we still have nine over nine"}, {"start": "00:04:53", "end": "00:04:58", "text": "hours left of today, right? So the"}, {"start": "00:04:56", "end": "00:05:00", "text": "question that I kind of have would be"}, {"start": "00:04:58", "end": "00:05:03", "text": "this is a very sideways channel by the"}, {"start": "00:05:00", "end": "00:05:06", "text": "way. But the question I would have is"}, {"start": "00:05:03", "end": "00:05:09", "text": "can we actually get more extension away"}, {"start": "00:05:06", "end": "00:05:12", "text": "from that channel? And whether we do or"}, {"start": "00:05:09", "end": "00:05:13", "text": "don't, can Ethereum just actually kind"}, {"start": "00:05:12", "end": "00:05:16", "text": "of see support now above this channel"}, {"start": "00:05:13", "end": "00:05:18", "text": "and we're looking right about $2,500 or"}, {"start": "00:05:16", "end": "00:05:20", "text": "we just going to fall right back down?"}, {"start": "00:05:18", "end": "00:05:21", "text": "Is this actually going to just be a"}, {"start": "00:05:20", "end": "00:05:25", "text": "really ugly wick at this at this"}, {"start": "00:05:21", "end": "00:05:27", "text": "resistance area of around $25$2,600?"}, {"start": "00:05:25", "end": "00:05:30", "text": "Again, if it ends up being resistance,"}, {"start": "00:05:27", "end": "00:05:31", "text": "just know this is probably why we are at"}, {"start": "00:05:30", "end": "00:05:33", "text": "the 20-month moving average, like"}, {"start": "00:05:31", "end": "00:05:35", "text": "literally right now. So, that's what"}, {"start": "00:05:33", "end": "00:05:36", "text": "I'll be watching for Ethereum, but it's"}, {"start": "00:05:35", "end": "00:05:38", "text": "a really good mo road map for all of"}, {"start": "00:05:36", "end": "00:05:40", "text": "these other altcoins that I want to look"}, {"start": "00:05:38", "end": "00:05:42", "text": "at. The biggest thing I want to start"}, {"start": "00:05:40", "end": "00:05:44", "text": "with is we're kind of none of these"}, {"start": "00:05:42", "end": "00:05:46", "text": "altcoins have broken out of even these"}, {"start": "00:05:44", "end": "00:05:48", "text": "shorter term ranges that they've been"}, {"start": "00:05:46", "end": "00:05:50", "text": "in. They've really been just faking"}, {"start": "00:05:48", "end": "00:05:51", "text": "everybody out. Interesting. The"}, {"start": "00:05:50", "end": "00:05:53", "text": "structure is different on all of these."}, {"start": "00:05:51", "end": "00:05:56", "text": "I want to start with SUI. SU broke out"}, {"start": "00:05:53", "end": "00:05:58", "text": "of this structure. Um kind of like a"}, {"start": "00:05:56", "end": "00:06:01", "text": "descending triangle, right? Broke out"}, {"start": "00:05:58", "end": "00:06:03", "text": "back here in end of August. Revisited"}, {"start": "00:06:01", "end": "00:06:05", "text": "the trend line, broke out again,"}, {"start": "00:06:03", "end": "00:06:07", "text": "resistance, continued resistance at this"}, {"start": "00:06:05", "end": "00:06:10", "text": "200 day moving average. And then even"}, {"start": "00:06:07", "end": "00:06:12", "text": "right now, we revisited the upper trend"}, {"start": "00:06:10", "end": "00:06:14", "text": "line again confluent with the 50-day"}, {"start": "00:06:12", "end": "00:06:16", "text": "moving average you see right there. It"}, {"start": "00:06:14", "end": "00:06:18", "text": "is interesting to see SU trying to make"}, {"start": "00:06:16", "end": "00:06:20", "text": "a move with all coins right now. But"}, {"start": "00:06:18", "end": "00:06:22", "text": "just notice we've not we've not escaped"}, {"start": "00:06:20", "end": "00:06:25", "text": "any meaningful resistance, right? The"}, {"start": "00:06:22", "end": "00:06:28", "text": "200 day is all the way up here, 84"}, {"start": "00:06:25", "end": "00:06:31", "text": "cents. That is really the first"}, {"start": "00:06:28", "end": "00:06:32", "text": "meaningful resistance area has to break."}, {"start": "00:06:31", "end": "00:06:35", "text": "But on the very short term, it's stuck"}, {"start": "00:06:32", "end": "00:06:41", "text": "between the 50 and the 20. We're looking"}, {"start": "00:06:35", "end": "00:06:43", "text": "at 76 cents to around 72 cents. and and"}, {"start": "00:06:41", "end": "00:06:45", "text": "SUI is just stuck in the middle of that"}, {"start": "00:06:43", "end": "00:06:46", "text": "right now. And you can see even in this"}, {"start": "00:06:45", "end": "00:06:49", "text": "quick little wick on the daily, there's"}, {"start": "00:06:46", "end": "00:06:51", "text": "resistance already. So, I'm going to"}, {"start": "00:06:49", "end": "00:06:54", "text": "just continue watching. If SUI continues"}, {"start": "00:06:51", "end": "00:06:55", "text": "to break towards the 200 day, things are"}, {"start": "00:06:54", "end": "00:06:58", "text": "going to get interesting for this chart"}, {"start": "00:06:55", "end": "00:07:00", "text": "because if it breaks out of the 200 day,"}, {"start": "00:06:58", "end": "00:07:02", "text": "well, then we have really the beginning"}, {"start": "00:07:00", "end": "00:07:04", "text": "signs of the macro reversal that we"}, {"start": "00:07:02", "end": "00:07:06", "text": "really are waiting for. And it does"}, {"start": "00:07:04", "end": "00:07:08", "text": "start, this takes time, everybody, to"}, {"start": "00:07:06", "end": "00:07:10", "text": "get the 20, especially as they're"}, {"start": "00:07:08", "end": "00:07:12", "text": "consolidating the 20 and the 50 to get"}, {"start": "00:07:10", "end": "00:07:14", "text": "them to start flipping to the upside. It"}, {"start": "00:07:12", "end": "00:07:16", "text": "just takes time. And it really is kind"}, {"start": "00:07:14", "end": "00:07:18", "text": "of this slowm moving journey. But, uh,"}, {"start": "00:07:16", "end": "00:07:20", "text": "SU right now, that's the range that I'm"}, {"start": "00:07:18", "end": "00:07:23", "text": "looking for. If it can break out of the"}, {"start": "00:07:20", "end": "00:07:24", "text": "76 range, start making its way towards"}, {"start": "00:07:23", "end": "00:07:28", "text": "84 cents. That's where things become"}, {"start": "00:07:24", "end": "00:07:30", "text": "interesting. 74 or I'm sorry, 76 to 84"}, {"start": "00:07:28", "end": "00:07:32", "text": "cents. If SUE makes its way into that"}, {"start": "00:07:30", "end": "00:07:34", "text": "area, and we're right below it. So, it"}, {"start": "00:07:32", "end": "00:07:36", "text": "could go one way or another, or we're"}, {"start": "00:07:34", "end": "00:07:38", "text": "just falling right back into the apex of"}, {"start": "00:07:36", "end": "00:07:40", "text": "this descending channel and all of the"}, {"start": "00:07:38", "end": "00:07:42", "text": "sudden going into next week's Fed"}, {"start": "00:07:40", "end": "00:07:45", "text": "meeting. By the way, be careful. Clarity"}, {"start": "00:07:42", "end": "00:07:47", "text": "Act, be careful. Boom. It would not be"}, {"start": "00:07:45", "end": "00:07:51", "text": "surprising if these coins are falling"}, {"start": "00:07:47", "end": "00:07:52", "text": "again. So, this so this little pump"}, {"start": "00:07:51", "end": "00:07:55", "text": "that's happening right now comes with"}, {"start": "00:07:52", "end": "00:07:57", "text": "that warning. You know, it's for right"}, {"start": "00:07:55", "end": "00:07:58", "text": "now it's happening, but going into this"}, {"start": "00:07:57", "end": "00:08:01", "text": "weekend or into the next Fed meeting"}, {"start": "00:07:58", "end": "00:08:03", "text": "next week, Clarity Act vote, there could"}, {"start": "00:08:01", "end": "00:08:05", "text": "be a ton of volatility and manipulation."}, {"start": "00:08:03", "end": "00:08:07", "text": "So, similar story, different structure"}, {"start": "00:08:05", "end": "00:08:10", "text": "on Cardano. This is what Cardano looks"}, {"start": "00:08:07", "end": "00:08:12", "text": "like. It is higher highs, higher lows."}, {"start": "00:08:10", "end": "00:08:14", "text": "You can see, interestingly enough, we"}, {"start": "00:08:12", "end": "00:08:16", "text": "hit this upper trend line the other day."}, {"start": "00:08:14", "end": "00:08:18", "text": "We started falling and then all of a"}, {"start": "00:08:16", "end": "00:08:21", "text": "sudden, boom, little little green"}, {"start": "00:08:18", "end": "00:08:23", "text": "candle, but look what it's doing right"}, {"start": "00:08:21", "end": "00:08:25", "text": "here below the 200 day. So it's closer"}, {"start": "00:08:23", "end": "00:08:27", "text": "to the 200 day than something like SUI,"}, {"start": "00:08:25", "end": "00:08:29", "text": "but it's a very big area to see what"}, {"start": "00:08:27", "end": "00:08:32", "text": "Cardono does at that I mean it's just at"}, {"start": "00:08:29", "end": "00:08:34", "text": "like just below 22 cents. Cardano"}, {"start": "00:08:32", "end": "00:08:36", "text": "essentially there at the 200 day but I"}, {"start": "00:08:34", "end": "00:08:39", "text": "would say most meaningfully would be if"}, {"start": "00:08:36", "end": "00:08:42", "text": "it breaks the 200 day simultaneously"}, {"start": "00:08:39", "end": "00:08:44", "text": "breaks out of this trend line gets kind"}, {"start": "00:08:42", "end": "00:08:47", "text": "of a separation and I'm talking a nice"}, {"start": "00:08:44", "end": "00:08:49", "text": "separation 28 to 30 cents. This gives"}, {"start": "00:08:47", "end": "00:08:51", "text": "room for consolidation and continued"}, {"start": "00:08:49", "end": "00:08:54", "text": "turn of all these moving averages in"}, {"start": "00:08:51", "end": "00:08:55", "text": "particular the big one the 200 day"}, {"start": "00:08:54", "end": "00:08:58", "text": "moving average. This is how reversals"}, {"start": "00:08:55", "end": "00:08:59", "text": "are formed. It's similar to SU the"}, {"start": "00:08:58", "end": "00:09:02", "text": "structure the setup it all looks"}, {"start": "00:08:59", "end": "00:09:05", "text": "different but the the reversals always"}, {"start": "00:09:02", "end": "00:09:06", "text": "take time right they just always do"}, {"start": "00:09:05", "end": "00:09:08", "text": "they're always different in terms of how"}, {"start": "00:09:06", "end": "00:09:11", "text": "much time but this is what's going on"}, {"start": "00:09:08", "end": "00:09:13", "text": "right now for Cardano. So really the the"}, {"start": "00:09:11", "end": "00:09:16", "text": "the price to watch for Cardano is"}, {"start": "00:09:13", "end": "00:09:18", "text": "literally this 200 day around I mean 21"}, {"start": "00:09:16", "end": "00:09:20", "text": "a.5 cents. It's like where we are right"}, {"start": "00:09:18", "end": "00:09:22", "text": "now and this upper trend line around 23"}, {"start": "00:09:20", "end": "00:09:24", "text": "to 24 cents. And if we come back down"}, {"start": "00:09:22", "end": "00:09:27", "text": "support would be right around 19 to 20"}, {"start": "00:09:24", "end": "00:09:29", "text": "cents the confluent area of this 50"}, {"start": "00:09:27", "end": "00:09:32", "text": "moving average on the daily as well as a"}, {"start": "00:09:29", "end": "00:09:34", "text": "slower trend line. So it we're right in"}, {"start": "00:09:32", "end": "00:09:35", "text": "the middle of this consolidation range."}, {"start": "00:09:34", "end": "00:09:37", "text": "Just look at this. We're right in the"}, {"start": "00:09:35", "end": "00:09:40", "text": "middle. So there's no conf no short-term"}, {"start": "00:09:37", "end": "00:09:42", "text": "confirmation at all, let alone any macro"}, {"start": "00:09:40", "end": "00:09:45", "text": "confirmation. But if we go and we look"}, {"start": "00:09:42", "end": "00:09:46", "text": "at Cardano on the weekly real briefly, I"}, {"start": "00:09:45", "end": "00:09:49", "text": "just want to give you a little bit of a"}, {"start": "00:09:46", "end": "00:09:52", "text": "snapshot here. It is good to see that"}, {"start": "00:09:49", "end": "00:09:55", "text": "Cardano so far, we'll see if this holds,"}, {"start": "00:09:52", "end": "00:09:57", "text": "but we're getting kind of"}, {"start": "00:09:55", "end": "00:09:59", "text": "nice price action around or above that"}, {"start": "00:09:57", "end": "00:10:01", "text": "20week moving average. And really, if we"}, {"start": "00:09:59", "end": "00:10:03", "text": "look at Cardano, that's an incredibly"}, {"start": "00:10:01", "end": "00:10:06", "text": "meaningful area. Similar to other"}, {"start": "00:10:03", "end": "00:10:08", "text": "charts, the 20week moving average being"}, {"start": "00:10:06", "end": "00:10:11", "text": "broken and and getting separation from"}, {"start": "00:10:08", "end": "00:10:12", "text": "that area really leads to bull moves for"}, {"start": "00:10:11", "end": "00:10:15", "text": "Cardano. And you can just see there's"}, {"start": "00:10:12", "end": "00:10:17", "text": "not really separation, but Cardano's"}, {"start": "00:10:15", "end": "00:10:20", "text": "testing and grappling with that 20week"}, {"start": "00:10:17", "end": "00:10:23", "text": "moving average in a very meaningful way."}, {"start": "00:10:20", "end": "00:10:25", "text": "So, if we see Cardono break out of that"}, {"start": "00:10:23", "end": "00:10:27", "text": "shorter term pattern that we're looking"}, {"start": "00:10:25", "end": "00:10:30", "text": "at here, you can see what this looks"}, {"start": "00:10:27", "end": "00:10:32", "text": "like on the actual weekly chart. It's"}, {"start": "00:10:30", "end": "00:10:34", "text": "incredibly important because then we'll"}, {"start": "00:10:32", "end": "00:10:37", "text": "be making our way into the real macro"}, {"start": "00:10:34", "end": "00:10:39", "text": "move, testing the 50, testing the 200"}, {"start": "00:10:37", "end": "00:10:40", "text": "week moving average because listen"}, {"start": "00:10:39", "end": "00:10:44", "text": "everybody, all of those things are"}, {"start": "00:10:40", "end": "00:10:46", "text": "still, you know, in store for Cardano to"}, {"start": "00:10:44", "end": "00:10:49", "text": "enter its bull market, right? And that"}, {"start": "00:10:46", "end": "00:10:51", "text": "is up there around 46 47 cents at the"}, {"start": "00:10:49", "end": "00:10:53", "text": "200E moving average before Cardano even"}, {"start": "00:10:51", "end": "00:10:55", "text": "really gets going into its really"}, {"start": "00:10:53", "end": "00:10:58", "text": "powerful bull move. So, we have a ways"}, {"start": "00:10:55", "end": "00:11:00", "text": "to go. 100% move for Cardano. I know it"}, {"start": "00:10:58", "end": "00:11:03", "text": "sounds crazy."}, {"start": "00:11:00", "end": "00:11:06", "text": "If the bulls step in,"}, {"start": "00:11:03", "end": "00:11:08", "text": "if we get that expansion starting, it"}, {"start": "00:11:06", "end": "00:11:09", "text": "can happen way quicker than you could"}, {"start": "00:11:08", "end": "00:11:10", "text": "even imagine. And even if you've been"}, {"start": "00:11:09", "end": "00:11:12", "text": "through it before, you're just kind of"}, {"start": "00:11:10", "end": "00:11:14", "text": "like, \"Yeah, it's not going to happen"}, {"start": "00:11:12", "end": "00:11:16", "text": "again.\" That's always a thought. It can"}, {"start": "00:11:14", "end": "00:11:18", "text": "happen very fast. Going over to"}, {"start": "00:11:16", "end": "00:11:19", "text": "midnight, I want to look at midnight and"}, {"start": "00:11:18", "end": "00:11:22", "text": "then I want to take a glance at dog."}, {"start": "00:11:19", "end": "00:11:23", "text": "Midnight, same exact thing. I mean, diff"}, {"start": "00:11:22", "end": "00:11:24", "text": "I mean, not even different structure"}, {"start": "00:11:23", "end": "00:11:26", "text": "than Cardano. We're in the higher high,"}, {"start": "00:11:24", "end": "00:11:29", "text": "higher low structure. What's interesting"}, {"start": "00:11:26", "end": "00:11:31", "text": "on midnight on the daily is it's it's"}, {"start": "00:11:29", "end": "00:11:33", "text": "trying to see support right as the"}, {"start": "00:11:31", "end": "00:11:35", "text": "20-day is getting it getting above the"}, {"start": "00:11:33", "end": "00:11:37", "text": "50-day, the green above the blue. And so"}, {"start": "00:11:35", "end": "00:11:39", "text": "this would be a really solid area if"}, {"start": "00:11:37", "end": "00:11:41", "text": "midnight can prove support here at this"}, {"start": "00:11:39", "end": "00:11:44", "text": "confluent area of the lower trend line"}, {"start": "00:11:41", "end": "00:11:46", "text": "and actually start breaking up. We could"}, {"start": "00:11:44", "end": "00:11:48", "text": "see midnight with a really nice move"}, {"start": "00:11:46", "end": "00:11:49", "text": "just to the upper trend line alone. If"}, {"start": "00:11:48", "end": "00:11:52", "text": "we're looking at midnight, I mean that's"}, {"start": "00:11:49", "end": "00:11:54", "text": "a 20% move or so just to get to the"}, {"start": "00:11:52", "end": "00:11:58", "text": "upper trend line. That's not even a"}, {"start": "00:11:54", "end": "00:12:00", "text": "breakout of the channel, right? Midnight"}, {"start": "00:11:58", "end": "00:12:02", "text": "has so much upside. This is why I'm more"}, {"start": "00:12:00", "end": "00:12:05", "text": "bullish on Knight than I am ADA, by the"}, {"start": "00:12:02", "end": "00:12:08", "text": "way. But if Midnight starts breaking"}, {"start": "00:12:05", "end": "00:12:10", "text": "out, it's 20% really just to get back to"}, {"start": "00:12:08", "end": "00:12:12", "text": "when that bridge was hacked. Not"}, {"start": "00:12:10", "end": "00:12:15", "text": "midnight. Midnight was not hacked, but"}, {"start": "00:12:12", "end": "00:12:18", "text": "when the Midnight was stolen off of that"}, {"start": "00:12:15", "end": "00:12:20", "text": "platform and the hacker just like sold,"}, {"start": "00:12:18", "end": "00:12:23", "text": "we're getting just back to that starting"}, {"start": "00:12:20", "end": "00:12:24", "text": "point. So there is a lot of upside for"}, {"start": "00:12:23", "end": "00:12:26", "text": "Midnight just to get back to that"}, {"start": "00:12:24", "end": "00:12:29", "text": "starting point. We're talking about 40%"}, {"start": "00:12:26", "end": "00:12:31", "text": "or so. And then that's that's really the"}, {"start": "00:12:29", "end": "00:12:34", "text": "starting line. This was a really I'm"}, {"start": "00:12:31", "end": "00:12:36", "text": "grateful for not what happened, but for"}, {"start": "00:12:34", "end": "00:12:39", "text": "the opportunity to have accumulated"}, {"start": "00:12:36", "end": "00:12:41", "text": "midnight in this range. I just am. I was"}, {"start": "00:12:39", "end": "00:12:44", "text": "that's what I was doing. And it's just"}, {"start": "00:12:41", "end": "00:12:46", "text": "because the move just to reset was big."}, {"start": "00:12:44", "end": "00:12:48", "text": "Let alone the move that I think is in"}, {"start": "00:12:46", "end": "00:12:50", "text": "store for midnight this cycle I think is"}, {"start": "00:12:48", "end": "00:12:53", "text": "very big. So, we'll continue watching"}, {"start": "00:12:50", "end": "00:12:56", "text": "support uh down here just right around 2"}, {"start": "00:12:53", "end": "00:12:58", "text": "cents or so, just under two cents. And"}, {"start": "00:12:56", "end": "00:13:00", "text": "then the breakout would be right around"}, {"start": "00:12:58", "end": "00:13:02", "text": "two to three cents to the upper trend"}, {"start": "00:13:00", "end": "00:13:04", "text": "line. And we'll see what happens if if"}, {"start": "00:13:02", "end": "00:13:05", "text": "midnight can break out of that area. It"}, {"start": "00:13:04", "end": "00:13:08", "text": "could just be the really really"}, {"start": "00:13:05", "end": "00:13:11", "text": "beginning of of midnight's first bull"}, {"start": "00:13:08", "end": "00:13:13", "text": "cycle is essentially what that is. And"}, {"start": "00:13:11", "end": "00:13:15", "text": "then going over to Dog, it's similar."}, {"start": "00:13:13", "end": "00:13:18", "text": "This would be Dog's first bull cycle."}, {"start": "00:13:15", "end": "00:13:20", "text": "Dog just had over 100% run to the upside"}, {"start": "00:13:18", "end": "00:13:21", "text": "as you know. I've been targeting these"}, {"start": "00:13:20", "end": "00:13:24", "text": "areas. I have a buddy that's just"}, {"start": "00:13:21", "end": "00:13:26", "text": "waiting to deploy like good capital to"}, {"start": "00:13:24", "end": "00:13:27", "text": "dog. And I told him, I was like, man,"}, {"start": "00:13:26", "end": "00:13:30", "text": "you could probably wait for these areas"}, {"start": "00:13:27", "end": "00:13:32", "text": "down here after this pump. And I've just"}, {"start": "00:13:30", "end": "00:13:34", "text": "been eyeing it up for days. And we"}, {"start": "00:13:32", "end": "00:13:36", "text": "started trickling down. And I think we"}, {"start": "00:13:34", "end": "00:13:39", "text": "still very well could trickle down to"}, {"start": "00:13:36", "end": "00:13:40", "text": "that range. Um, it would be very normal."}, {"start": "00:13:39", "end": "00:13:42", "text": "I would almost be surprised if it"}, {"start": "00:13:40", "end": "00:13:44", "text": "doesn't, but right now you can see"}, {"start": "00:13:42", "end": "00:13:46", "text": "there's a little bit of a daily candle"}, {"start": "00:13:44", "end": "00:13:49", "text": "forming. Um, but we have this 20-day"}, {"start": "00:13:46", "end": "00:13:51", "text": "moving average uh for Dog just above"}, {"start": "00:13:49", "end": "00:13:53", "text": "where Dog is right now. If Dog starts"}, {"start": "00:13:51", "end": "00:13:54", "text": "making its way back to that area, which"}, {"start": "00:13:53", "end": "00:13:56", "text": "by the way is what, what is this?"}, {"start": "00:13:54", "end": "00:13:58", "text": "Probably like around a 10% move or so."}, {"start": "00:13:56", "end": "00:14:01", "text": "If it gets back to that area, I would"}, {"start": "00:13:58", "end": "00:14:05", "text": "look for very heavy resistance. If it"}, {"start": "00:14:01", "end": "00:14:08", "text": "breaks the area with power, man, I will"}, {"start": "00:14:05", "end": "00:14:10", "text": "start having a little bit of a a doubt"}, {"start": "00:14:08", "end": "00:14:12", "text": "about this this range down here for dog."}, {"start": "00:14:10", "end": "00:14:15", "text": "But if you go and you zoom out on dog"}, {"start": "00:14:12", "end": "00:14:17", "text": "charts, this is what it looks like"}, {"start": "00:14:15", "end": "00:14:20", "text": "everybody. This is a brand new coin, a"}, {"start": "00:14:17", "end": "00:14:22", "text": "low cap coin. It is probably my most"}, {"start": "00:14:20", "end": "00:14:24", "text": "bullish altcoin for this cycle. But this"}, {"start": "00:14:22", "end": "00:14:26", "text": "is what it looks like in an area of"}, {"start": "00:14:24", "end": "00:14:29", "text": "business cycle contraction. Something"}, {"start": "00:14:26", "end": "00:14:31", "text": "like this. It is just sideways and down."}, {"start": "00:14:29", "end": "00:14:32", "text": "But this is this is what it launched in."}, {"start": "00:14:31", "end": "00:14:35", "text": "This is the environment in which it"}, {"start": "00:14:32", "end": "00:14:37", "text": "launched in. Dog having a bull cycle of"}, {"start": "00:14:35", "end": "00:14:40", "text": "expansion and economic expansion. I"}, {"start": "00:14:37", "end": "00:14:42", "text": "think you all know how excited I am"}, {"start": "00:14:40", "end": "00:14:45", "text": "about the opportunity here. It's not a"}, {"start": "00:14:42", "end": "00:14:48", "text": "guarantee. It is high risk, but uh this"}, {"start": "00:14:45", "end": "00:14:50", "text": "is a fundamental value play. It is not"}, {"start": "00:14:48", "end": "00:14:51", "text": "it's not just a memecoin play,"}, {"start": "00:14:50", "end": "00:14:53", "text": "everybody. I know a lot of people think"}, {"start": "00:14:51", "end": "00:14:55", "text": "that, but that's not what's going on"}, {"start": "00:14:53", "end": "00:14:57", "text": "here. So with dog, what I wanted to"}, {"start": "00:14:55", "end": "00:14:59", "text": "point out on the weekly is we are above"}, {"start": "00:14:57", "end": "00:15:02", "text": "the 50week moving average, which is"}, {"start": "00:14:59", "end": "00:15:04", "text": "incredibly powerful because the last"}, {"start": "00:15:02", "end": "00:15:05", "text": "time we were above the 50week moving"}, {"start": "00:15:04", "end": "00:15:07", "text": "average. You can see it's a brand new"}, {"start": "00:15:05", "end": "00:15:09", "text": "50WE because the token is so new. But"}, {"start": "00:15:07", "end": "00:15:11", "text": "the last time we were above it was"}, {"start": "00:15:09", "end": "00:15:14", "text": "basically when we were topping out and"}, {"start": "00:15:11", "end": "00:15:16", "text": "getting ready to go into, you know, the"}, {"start": "00:15:14", "end": "00:15:18", "text": "big bare move that we've been in and,"}, {"start": "00:15:16", "end": "00:15:20", "text": "you know, towards the final stages of"}, {"start": "00:15:18", "end": "00:15:23", "text": "all the contraction that happened. But"}, {"start": "00:15:20", "end": "00:15:25", "text": "now during that time, you can see back"}, {"start": "00:15:23", "end": "00:15:27", "text": "here in December 2025, quantitative"}, {"start": "00:15:25", "end": "00:15:29", "text": "tightening ended. We went through the"}, {"start": "00:15:27", "end": "00:15:31", "text": "normalization phase dip that I talked"}, {"start": "00:15:29", "end": "00:15:34", "text": "about all year long. Well, now as we're"}, {"start": "00:15:31", "end": "00:15:36", "text": "going into a new cycle shift into"}, {"start": "00:15:34", "end": "00:15:38", "text": "expansion and out of tightening, guess"}, {"start": "00:15:36", "end": "00:15:41", "text": "what? Dog is primed on the chart,"}, {"start": "00:15:38", "end": "00:15:44", "text": "everybody. It looks it looks scary. It"}, {"start": "00:15:41", "end": "00:15:46", "text": "looks ugly. It looks uncomfortable. But"}, {"start": "00:15:44", "end": "00:15:48", "text": "that's precisely where opportunity"}, {"start": "00:15:46", "end": "00:15:50", "text": "always is. Not just for something like"}, {"start": "00:15:48", "end": "00:15:52", "text": "dog, something like Bitcoin as well."}, {"start": "00:15:50", "end": "00:15:55", "text": "This is just how it works. That's why"}, {"start": "00:15:52", "end": "00:15:57", "text": "you hear buy the fear, buy when it's"}, {"start": "00:15:55", "end": "00:16:00", "text": "uncomfortable. Well, that's why we're at"}, {"start": "00:15:57", "end": "00:16:02", "text": "that shift now. And so, um, it's it's"}, {"start": "00:16:00", "end": "00:16:04", "text": "good to see the 50week moving average on"}, {"start": "00:16:02", "end": "00:16:05", "text": "dog holding up right now. And we'll"}, {"start": "00:16:04", "end": "00:16:07", "text": "continue to eye that up and see really"}, {"start": "00:16:05", "end": "00:16:10", "text": "how that does hold if it continues to"}, {"start": "00:16:07", "end": "00:16:12", "text": "hold or we break back down to the 20week"}, {"start": "00:16:10", "end": "00:16:14", "text": "down here. A big dip and that is very"}, {"start": "00:16:12", "end": "00:16:17", "text": "much in play going into next week. We"}, {"start": "00:16:14", "end": "00:16:21", "text": "have a high volatile week next week. The"}, {"start": "00:16:17", "end": "00:16:24", "text": "manipulators could easily have a reason"}, {"start": "00:16:21", "end": "00:16:26", "text": "to just bring everything right back down"}, {"start": "00:16:24", "end": "00:16:28", "text": "and it could just be a higher low for a"}, {"start": "00:16:26", "end": "00:16:30", "text": "lot of these coins and just something to"}, {"start": "00:16:28", "end": "00:16:31", "text": "be very prepared for. Especially if"}, {"start": "00:16:30", "end": "00:16:33", "text": "you're bullish on the macro, you think"}, {"start": "00:16:31", "end": "00:16:35", "text": "that might be an opportunity. That's up"}, {"start": "00:16:33", "end": "00:16:37", "text": "to you. This is just how I see things."}, {"start": "00:16:35", "end": "00:16:39", "text": "But it really could be an opportunity"}, {"start": "00:16:37", "end": "00:16:41", "text": "because once the Fed decision is behind"}, {"start": "00:16:39", "end": "00:16:43", "text": "us, once Clarity Act decision is behind"}, {"start": "00:16:41", "end": "00:16:46", "text": "us, the macroeconomic landscape of"}, {"start": "00:16:43", "end": "00:16:48", "text": "things, in my opinion, they've not"}, {"start": "00:16:46", "end": "00:16:49", "text": "changed and they will not have changed"}, {"start": "00:16:48", "end": "00:16:53", "text": "after whatever happens next week"}, {"start": "00:16:49", "end": "00:16:55", "text": "happens. So, prepare, manage your risk."}, {"start": "00:16:53", "end": "00:16:57", "text": "That's all I will say. And I wanted to"}, {"start": "00:16:55", "end": "00:16:59", "text": "kind of just track this little"}, {"start": "00:16:57", "end": "00:17:02", "text": "short-term pump with you. really set"}, {"start": "00:16:59", "end": "00:17:03", "text": "expectations, set anticipations, and"}, {"start": "00:17:02", "end": "00:17:05", "text": "really just try and have a plan for"}, {"start": "00:17:03", "end": "00:17:07", "text": "whatever is going to happen next and"}, {"start": "00:17:05", "end": "00:17:08", "text": "balance our risk through the process. If"}, {"start": "00:17:07", "end": "00:17:11", "text": "you're down for that, everybody, just"}, {"start": "00:17:08", "end": "00:17:13", "text": "balancing your risk, just absorbing the"}, {"start": "00:17:11", "end": "00:17:15", "text": "data. If you're a macro crypto value"}, {"start": "00:17:13", "end": "00:17:16", "text": "investor, if you're in the space looking"}, {"start": "00:17:15", "end": "00:17:18", "text": "for data, please subscribe to the"}, {"start": "00:17:16", "end": "00:17:19", "text": "channel. Your support means a ton to me"}, {"start": "00:17:18", "end": "00:17:22", "text": "as I continue to grow this channel into"}, {"start": "00:17:19", "end": "00:17:24", "text": "the next cycle and just enjoy doing that"}, {"start": "00:17:22", "end": "00:17:25", "text": "with you. If you got value from the"}, {"start": "00:17:24", "end": "00:17:27", "text": "video, also hit the like. That helps the"}, {"start": "00:17:25", "end": "00:17:31", "text": "channel a lot. I will see you in the"}, {"start": "00:17:27", "end": "00:17:31", "text": "next video. God bless."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Here's Bitcoin on the weekly chart. This"}, {"start": "00:00:02", "end": "00:00:06", "text": "50week moving average resistance can"}, {"start": "00:00:04", "end": "00:00:08", "text": "either be, if you're a crypto investor,"}, {"start": "00:00:06", "end": "00:00:10", "text": "something scary or something absolutely"}, {"start": "00:00:08", "end": "00:00:12", "text": "beautiful. And to illustrate that right"}, {"start": "00:00:10", "end": "00:00:14", "text": "from the get-go, I want to go back to"}, {"start": "00:00:12", "end": "00:00:16", "text": "2023 bottom. And I just want to show you"}, {"start": "00:00:14", "end": "00:00:18", "text": "something. You see the structure that"}, {"start": "00:00:16", "end": "00:00:20", "text": "was forming. Here's the low in 2022"}, {"start": "00:00:18", "end": "00:00:22", "text": "November towards the end of the year."}, {"start": "00:00:20", "end": "00:00:24", "text": "This this structure that was forming to"}, {"start": "00:00:22", "end": "00:00:26", "text": "set this kind of entire thing up, right?"}, {"start": "00:00:24", "end": "00:00:28", "text": "There's that low. this inverse head and"}, {"start": "00:00:26", "end": "00:00:30", "text": "shoulders. This is a weekly chart, so"}, {"start": "00:00:28", "end": "00:00:32", "text": "it's not as clear, but this inverse head"}, {"start": "00:00:30", "end": "00:00:34", "text": "and shoulders, you see this 50week"}, {"start": "00:00:32", "end": "00:00:36", "text": "moving average, this blue line,"}, {"start": "00:00:34", "end": "00:00:39", "text": "resistance right there, back down to the"}, {"start": "00:00:36", "end": "00:00:41", "text": "20week and then hopping out of that"}, {"start": "00:00:39", "end": "00:00:43", "text": "entire move, right? This was a macro"}, {"start": "00:00:41", "end": "00:00:45", "text": "reversal and it took months and months"}, {"start": "00:00:43", "end": "00:00:48", "text": "and months for this structure to form."}, {"start": "00:00:45", "end": "00:00:50", "text": "If we go and we look at Bitcoin right"}, {"start": "00:00:48", "end": "00:00:52", "text": "now, we have very similar structure. And"}, {"start": "00:00:50", "end": "00:00:54", "text": "I'm not suggesting that it's going to"}, {"start": "00:00:52", "end": "00:00:57", "text": "play out exactly the same, but just look"}, {"start": "00:00:54", "end": "00:00:59", "text": "at this right now. Swing low, left"}, {"start": "00:00:57", "end": "00:01:01", "text": "shoulder, swing high, back to this low."}, {"start": "00:00:59", "end": "00:01:03", "text": "This was in June, back to the 50week"}, {"start": "00:01:01", "end": "00:01:07", "text": "moving average, similar to what we had"}, {"start": "00:01:03", "end": "00:01:09", "text": "in that last uh 2022 bottom. And then"}, {"start": "00:01:07", "end": "00:01:11", "text": "now the question is what what do we get"}, {"start": "00:01:09", "end": "00:01:13", "text": "in terms of this potential? And it is a"}, {"start": "00:01:11", "end": "00:01:15", "text": "potential right shoulder setup because"}, {"start": "00:01:13", "end": "00:01:17", "text": "this isn't confirmed. confirmation would"}, {"start": "00:01:15", "end": "00:01:19", "text": "be we do come back down. Maybe it's"}, {"start": "00:01:17", "end": "00:01:21", "text": "towards the 20week moving average"}, {"start": "00:01:19", "end": "00:01:23", "text": "exactly like that 2023 move. We're"}, {"start": "00:01:21", "end": "00:01:26", "text": "bouncing out of there and then we come"}, {"start": "00:01:23", "end": "00:01:28", "text": "back up to test the neckline $87,000 or"}, {"start": "00:01:26", "end": "00:01:31", "text": "so and then we're breaking out. That's a"}, {"start": "00:01:28", "end": "00:01:32", "text": "confirmed inverse head and shoulders. I"}, {"start": "00:01:31", "end": "00:01:33", "text": "think the point that I'm trying to"}, {"start": "00:01:32", "end": "00:01:35", "text": "illustrate to you right now, we're going"}, {"start": "00:01:33", "end": "00:01:36", "text": "to get into the short-term price action."}, {"start": "00:01:35", "end": "00:01:38", "text": "This is what it looks like on the 4"}, {"start": "00:01:36", "end": "00:01:40", "text": "hour. I [snorts] mean, we are right now"}, {"start": "00:01:38", "end": "00:01:42", "text": "testing a lower trend line of support."}, {"start": "00:01:40", "end": "00:01:46", "text": "The point I'm trying to make to you is"}, {"start": "00:01:42", "end": "00:01:48", "text": "we are in a similar environment as"}, {"start": "00:01:46", "end": "00:01:50", "text": "pretty much every bottom and that is and"}, {"start": "00:01:48", "end": "00:01:54", "text": "I mean every macro bottom and that is it"}, {"start": "00:01:50", "end": "00:01:55", "text": "takes time and the structure that forms"}, {"start": "00:01:54", "end": "00:01:57", "text": "is something we never know. We can"}, {"start": "00:01:55", "end": "00:01:59", "text": "anticipate things like this inverse head"}, {"start": "00:01:57", "end": "00:02:02", "text": "and shoulders. What makes it interesting"}, {"start": "00:01:59", "end": "00:02:05", "text": "is the similarity of how it looks. Just"}, {"start": "00:02:02", "end": "00:02:07", "text": "look at these two swing lows right so"}, {"start": "00:02:05", "end": "00:02:09", "text": "far. And what makes it more interesting"}, {"start": "00:02:07", "end": "00:02:11", "text": "is if you go back actually to the bottom"}, {"start": "00:02:09", "end": "00:02:14", "text": "in 2018, the structure is not very"}, {"start": "00:02:11", "end": "00:02:15", "text": "similar, right? It looks different. But"}, {"start": "00:02:14", "end": "00:02:17", "text": "what I do want to point out to you is"}, {"start": "00:02:15", "end": "00:02:19", "text": "the 200week moving average is right"}, {"start": "00:02:17", "end": "00:02:21", "text": "around where Bitcoin bottomed in that"}, {"start": "00:02:19", "end": "00:02:24", "text": "moment. So when you start zooming out on"}, {"start": "00:02:21", "end": "00:02:26", "text": "these charts, you notice something. Wow."}, {"start": "00:02:24", "end": "00:02:28", "text": "It kind of bottomed around this 200E"}, {"start": "00:02:26", "end": "00:02:31", "text": "moving average as well in 2015."}, {"start": "00:02:28", "end": "00:02:33", "text": "And so right now if you look at what"}, {"start": "00:02:31", "end": "00:02:35", "text": "Bitcoin has done on this weekly chart,"}, {"start": "00:02:33", "end": "00:02:37", "text": "you can see in June we were below the"}, {"start": "00:02:35", "end": "00:02:39", "text": "200week moving average. We started"}, {"start": "00:02:37", "end": "00:02:41", "text": "consolidating around the 200E moving"}, {"start": "00:02:39", "end": "00:02:43", "text": "average in red and now we've escaped it"}, {"start": "00:02:41", "end": "00:02:46", "text": "and we're all the way up here, you know,"}, {"start": "00:02:43", "end": "00:02:49", "text": "contesting with this 50week moving"}, {"start": "00:02:46", "end": "00:02:51", "text": "average at $80,000. So I want to kind of"}, {"start": "00:02:49", "end": "00:02:52", "text": "do an analysis in terms of price action"}, {"start": "00:02:51", "end": "00:02:53", "text": "where Bitcoin is right now. I know a lot"}, {"start": "00:02:52", "end": "00:02:55", "text": "of people are like, man, we're falling"}, {"start": "00:02:53", "end": "00:02:58", "text": "again. We were we were faked out to the"}, {"start": "00:02:55", "end": "00:02:59", "text": "upside, but this is normal. Everybody,"}, {"start": "00:02:58", "end": "00:03:02", "text": "before I do that, just a quick glance at"}, {"start": "00:02:59", "end": "00:03:04", "text": "the monthly to remember what is"}, {"start": "00:03:02", "end": "00:03:06", "text": "happening. It's for me it's a it's a"}, {"start": "00:03:04", "end": "00:03:09", "text": "it's a reminder to zoom out on cycles"}, {"start": "00:03:06", "end": "00:03:11", "text": "right now. We have to give the bottom"}, {"start": "00:03:09", "end": "00:03:13", "text": "formation time. This is what happens in"}, {"start": "00:03:11", "end": "00:03:15", "text": "every low. We just discussed it on the"}, {"start": "00:03:13", "end": "00:03:18", "text": "weekly. Here's what it looks like on the"}, {"start": "00:03:15", "end": "00:03:20", "text": "monthly chart. It just takes time. It"}, {"start": "00:03:18", "end": "00:03:21", "text": "looks a little bit different each time."}, {"start": "00:03:20", "end": "00:03:24", "text": "There's going to be a lot of volatility"}, {"start": "00:03:21", "end": "00:03:25", "text": "in there. When we're zoomed in on a red"}, {"start": "00:03:24", "end": "00:03:28", "text": "candle and any of these moments, it"}, {"start": "00:03:25", "end": "00:03:30", "text": "looks terrible. But notice if you zoom"}, {"start": "00:03:28", "end": "00:03:32", "text": "out and look back on those moments,"}, {"start": "00:03:30", "end": "00:03:34", "text": "those red candles, they really weren't"}, {"start": "00:03:32", "end": "00:03:36", "text": "terrible. It felt terrible in that micro"}, {"start": "00:03:34", "end": "00:03:37", "text": "zoomed-in moment, but it wasn't"}, {"start": "00:03:36", "end": "00:03:38", "text": "terrible. It's part of the formation of"}, {"start": "00:03:37", "end": "00:03:40", "text": "the bottom. That's where we are right"}, {"start": "00:03:38", "end": "00:03:42", "text": "now. So, let's do some analysis on the"}, {"start": "00:03:40", "end": "00:03:44", "text": "4hour chart. I want to start with a"}, {"start": "00:03:42", "end": "00:03:46", "text": "clip. This was from not long ago. It's"}, {"start": "00:03:44", "end": "00:03:49", "text": "like 4 days ago, September 6. Bitcoin's"}, {"start": "00:03:46", "end": "00:03:50", "text": "at $80,000. Check it out. If this fails,"}, {"start": "00:03:49", "end": "00:03:52", "text": "and it is a very normal thing if it"}, {"start": "00:03:50", "end": "00:03:55", "text": "does, I I want to just underline that by"}, {"start": "00:03:52", "end": "00:03:58", "text": "saying even if it fails and we dip back"}, {"start": "00:03:55", "end": "00:04:00", "text": "to the 60s, we are in a cycle shift from"}, {"start": "00:03:58", "end": "00:04:02", "text": "bare market into bull market. As far as"}, {"start": "00:04:00", "end": "00:04:03", "text": "I see these charts, that's all it is."}, {"start": "00:04:02", "end": "00:04:05", "text": "It's just it's just how I'm seeing"}, {"start": "00:04:03", "end": "00:04:07", "text": "things. But we have this potential"}, {"start": "00:04:05", "end": "00:04:09", "text": "inverse head and shoulders over here in"}, {"start": "00:04:07", "end": "00:04:11", "text": "play. We're coming back down. Maybe"}, {"start": "00:04:09", "end": "00:04:13", "text": "we're testing the 200E moving average in"}, {"start": "00:04:11", "end": "00:04:15", "text": "the 60s again. Bears are celebrating."}, {"start": "00:04:13", "end": "00:04:18", "text": "There's nothing to celebrate really if"}, {"start": "00:04:15", "end": "00:04:20", "text": "you're a bear or a bull. So, and there"}, {"start": "00:04:18", "end": "00:04:22", "text": "is nothing to celebrate at this moment."}, {"start": "00:04:20", "end": "00:04:24", "text": "We're we're in a a macrobottom"}, {"start": "00:04:22", "end": "00:04:25", "text": "structure. There's going to be wins for"}, {"start": "00:04:24", "end": "00:04:27", "text": "the bears in the short term, wins for"}, {"start": "00:04:25", "end": "00:04:29", "text": "the bulls in the short term, but we're"}, {"start": "00:04:27", "end": "00:04:31", "text": "getting structure. What I think is cool"}, {"start": "00:04:29", "end": "00:04:33", "text": "about this speculative inverse head and"}, {"start": "00:04:31", "end": "00:04:34", "text": "shoulders that we're that we looked at"}, {"start": "00:04:33", "end": "00:04:38", "text": "in the video that we looked at right"}, {"start": "00:04:34", "end": "00:04:39", "text": "here, it's while that's potentially"}, {"start": "00:04:38", "end": "00:04:41", "text": "setting up, we've been tracking an"}, {"start": "00:04:39", "end": "00:04:43", "text": "inverse head and shoulders on the 4hour"}, {"start": "00:04:41", "end": "00:04:46", "text": "chart. And this isn't invalidated uh yet"}, {"start": "00:04:43", "end": "00:04:48", "text": "as of, you know, as I see this. It's"}, {"start": "00:04:46", "end": "00:04:50", "text": "definitely not your textbook inverse"}, {"start": "00:04:48", "end": "00:04:53", "text": "head and shoulders, but it's this left"}, {"start": "00:04:50", "end": "00:04:55", "text": "shoulder back here down to this swing"}, {"start": "00:04:53", "end": "00:04:56", "text": "low. And this was back in, you know, a"}, {"start": "00:04:55", "end": "00:04:58", "text": "week or so ago, September, beginning of"}, {"start": "00:04:56", "end": "00:05:01", "text": "September, swing high all the way back"}, {"start": "00:04:58", "end": "00:05:04", "text": "up here to like the $82,000 area. And we"}, {"start": "00:05:01", "end": "00:05:05", "text": "got rejected. And now it's like we're"}, {"start": "00:05:04", "end": "00:05:07", "text": "coming back down and we're wondering,"}, {"start": "00:05:05", "end": "00:05:09", "text": "are we going to have a right shoulder"}, {"start": "00:05:07", "end": "00:05:11", "text": "setup? Well, you can see it's still a"}, {"start": "00:05:09", "end": "00:05:12", "text": "higher low. It's definitely not textbook"}, {"start": "00:05:11", "end": "00:05:14", "text": "because it goes lower than the left"}, {"start": "00:05:12", "end": "00:05:16", "text": "shoulder, but the right shoulder is"}, {"start": "00:05:14", "end": "00:05:19", "text": "still in play. But with that, I can kind"}, {"start": "00:05:16", "end": "00:05:21", "text": "of digress from that pattern because"}, {"start": "00:05:19", "end": "00:05:22", "text": "maybe this plays out like this and we"}, {"start": "00:05:21", "end": "00:05:24", "text": "can at the end of the day call it an"}, {"start": "00:05:22", "end": "00:05:25", "text": "inverse head and shoulders. It really"}, {"start": "00:05:24", "end": "00:05:28", "text": "doesn't matter at this point. That will"}, {"start": "00:05:25", "end": "00:05:30", "text": "confirm or not. Number one, the target"}, {"start": "00:05:28", "end": "00:05:33", "text": "to the upside, you know, we're looking"}, {"start": "00:05:30", "end": "00:05:36", "text": "towards close to $90,000"}, {"start": "00:05:33", "end": "00:05:37", "text": "if if it happens. But the reason I'm"}, {"start": "00:05:36", "end": "00:05:39", "text": "saying it really doesn't matter is"}, {"start": "00:05:37", "end": "00:05:42", "text": "because when we just get rid of it,"}, {"start": "00:05:39", "end": "00:05:43", "text": "we're in just a clear channel, right?"}, {"start": "00:05:42", "end": "00:05:46", "text": "You can just see there's a clear upper"}, {"start": "00:05:43", "end": "00:05:49", "text": "trend line. there's a very clear higher"}, {"start": "00:05:46", "end": "00:05:51", "text": "low lower trend line and now we have"}, {"start": "00:05:49", "end": "00:05:52", "text": "just simple targets. So the target to"}, {"start": "00:05:51", "end": "00:05:54", "text": "the upside is really not much different"}, {"start": "00:05:52", "end": "00:05:57", "text": "than the inverse head and shoulders. Um"}, {"start": "00:05:54", "end": "00:05:59", "text": "it would be a very interesting kind of"}, {"start": "00:05:57", "end": "00:06:02", "text": "moment right now if Bitcoin somehow"}, {"start": "00:05:59", "end": "00:06:04", "text": "manages to see support at this area."}, {"start": "00:06:02", "end": "00:06:06", "text": "Couple of things that I want to mention"}, {"start": "00:06:04", "end": "00:06:08", "text": "which is number one targets. If if this"}, {"start": "00:06:06", "end": "00:06:10", "text": "breaks to the upside and I'm not saying"}, {"start": "00:06:08", "end": "00:06:12", "text": "today like this could take time we're"}, {"start": "00:06:10", "end": "00:06:15", "text": "bouncing around and just if it makes its"}, {"start": "00:06:12", "end": "00:06:17", "text": "way back breaks out target to the upside"}, {"start": "00:06:15", "end": "00:06:20", "text": "is close to $90,000"}, {"start": "00:06:17", "end": "00:06:22", "text": "and that is so meaningful when we start"}, {"start": "00:06:20", "end": "00:06:25", "text": "thinking about the macro because at that"}, {"start": "00:06:22", "end": "00:06:27", "text": "moment Bitcoin as you see here the 50we"}, {"start": "00:06:25", "end": "00:06:29", "text": "moving average this last big moving"}, {"start": "00:06:27", "end": "00:06:31", "text": "average of resistance that would be"}, {"start": "00:06:29", "end": "00:06:34", "text": "broken and Bitcoin would have kind of a"}, {"start": "00:06:31", "end": "00:06:36", "text": "separation from that blue line at that"}, {"start": "00:06:34", "end": "00:06:38", "text": "moment if it's hitting $90,000. Not a"}, {"start": "00:06:36", "end": "00:06:40", "text": "huge separation, but enough where it's"}, {"start": "00:06:38", "end": "00:06:42", "text": "like, man, now if we can just keep"}, {"start": "00:06:40", "end": "00:06:44", "text": "closing weekly candles above that area,"}, {"start": "00:06:42", "end": "00:06:46", "text": "we have a real real picture of a macro"}, {"start": "00:06:44", "end": "00:06:48", "text": "reversal. That is what happens in macro"}, {"start": "00:06:46", "end": "00:06:50", "text": "reversals. We get above all these moving"}, {"start": "00:06:48", "end": "00:06:52", "text": "averages and then we start just seeing"}, {"start": "00:06:50", "end": "00:06:54", "text": "higher highs and higher lows above the"}, {"start": "00:06:52", "end": "00:06:56", "text": "moving averages. That's the story that"}, {"start": "00:06:54", "end": "00:07:00", "text": "we're looking to play out right now."}, {"start": "00:06:56", "end": "00:07:02", "text": "That's to the upside. To the downside,"}, {"start": "00:07:00", "end": "00:07:03", "text": "if Bitcoin falls, a couple things I want"}, {"start": "00:07:02", "end": "00:07:06", "text": "to mention. First off, the target down"}, {"start": "00:07:03", "end": "00:07:08", "text": "here, $70,000 range would be so"}, {"start": "00:07:06", "end": "00:07:10", "text": "incredibly normal. We can make a note"}, {"start": "00:07:08", "end": "00:07:13", "text": "that's a 20week moving average on here"}, {"start": "00:07:10", "end": "00:07:14", "text": "on the weekly chart. Again, if we go"}, {"start": "00:07:13", "end": "00:07:17", "text": "back and we look at the structure of the"}, {"start": "00:07:14", "end": "00:07:19", "text": "bottom in 2023, it's precisely almost"}, {"start": "00:07:17", "end": "00:07:21", "text": "exactly what happened. We exit the"}, {"start": "00:07:19", "end": "00:07:23", "text": "bottom resistance at the 50week moving"}, {"start": "00:07:21", "end": "00:07:25", "text": "average, right back down to the 20week"}, {"start": "00:07:23", "end": "00:07:27", "text": "moving average, and then we bounce out"}, {"start": "00:07:25", "end": "00:07:30", "text": "of that entire move. This takes time."}, {"start": "00:07:27", "end": "00:07:31", "text": "This is what macro reversals out of bare"}, {"start": "00:07:30", "end": "00:07:35", "text": "markets into bull markets look like"}, {"start": "00:07:31", "end": "00:07:37", "text": "everybody. So a move to $70,000."}, {"start": "00:07:35", "end": "00:07:39", "text": "Ignore the headlines I if if you start"}, {"start": "00:07:37", "end": "00:07:41", "text": "hearing bare market stuff or anything"}, {"start": "00:07:39", "end": "00:07:43", "text": "like that bare market continuation"}, {"start": "00:07:41", "end": "00:07:45", "text": "because at the end of the day it would"}, {"start": "00:07:43", "end": "00:07:48", "text": "be an incredibly normal move and that"}, {"start": "00:07:45", "end": "00:07:51", "text": "would be right around $70,000 20 moving"}, {"start": "00:07:48", "end": "00:07:52", "text": "average. It's always a good idea in this"}, {"start": "00:07:51", "end": "00:07:54", "text": "especially when we have volatility in"}, {"start": "00:07:52", "end": "00:07:56", "text": "sewer. I don't know what the next week"}, {"start": "00:07:54", "end": "00:08:00", "text": "looks like, but we have Clarity Act vote"}, {"start": "00:07:56", "end": "00:08:02", "text": "next week and we have um the Fed"}, {"start": "00:08:00", "end": "00:08:03", "text": "interest rate decision next week. So,"}, {"start": "00:08:02", "end": "00:08:05", "text": "you know, these short-term events can"}, {"start": "00:08:03", "end": "00:08:07", "text": "move price in a more volatile fashion"}, {"start": "00:08:05", "end": "00:08:09", "text": "than normal. So, I don't know what that"}, {"start": "00:08:07", "end": "00:08:12", "text": "looks like. And so, with that being"}, {"start": "00:08:09", "end": "00:08:14", "text": "said, price action wise"}, {"start": "00:08:12", "end": "00:08:16", "text": "going into the next seven days, right?"}, {"start": "00:08:14", "end": "00:08:17", "text": "If we if we kind of mark where the 15th"}, {"start": "00:08:16", "end": "00:08:19", "text": "is, it's like right around here. The"}, {"start": "00:08:17", "end": "00:08:21", "text": "15th is right around here. What is the"}, {"start": "00:08:19", "end": "00:08:23", "text": "price action going to look like? Are we"}, {"start": "00:08:21", "end": "00:08:24", "text": "breaking out in anticipation of all"}, {"start": "00:08:23", "end": "00:08:25", "text": "this? And then all of a sudden, we're"}, {"start": "00:08:24", "end": "00:08:28", "text": "breaking to the upside and we're"}, {"start": "00:08:25", "end": "00:08:30", "text": "retesting this trend line. 15th is here."}, {"start": "00:08:28", "end": "00:08:32", "text": "There's FUD. Clarity Act doesn't pass"}, {"start": "00:08:30", "end": "00:08:35", "text": "and we're falling and we're going to the"}, {"start": "00:08:32", "end": "00:08:37", "text": "target. Man, Clarity Act, it failed."}, {"start": "00:08:35", "end": "00:08:40", "text": "September 20th, we're falling to 70,000."}, {"start": "00:08:37", "end": "00:08:42", "text": "The bare market's back on. No. Ignore"}, {"start": "00:08:40", "end": "00:08:45", "text": "those headlines in that in that"}, {"start": "00:08:42", "end": "00:08:47", "text": "environment. if this is how it plays out"}, {"start": "00:08:45", "end": "00:08:50", "text": "and maybe I'll recip this video if this"}, {"start": "00:08:47", "end": "00:08:52", "text": "is exactly what happens but this is a"}, {"start": "00:08:50", "end": "00:08:53", "text": "technical move a very normal technical"}, {"start": "00:08:52", "end": "00:08:55", "text": "move and the reason I'm saying this"}, {"start": "00:08:53", "end": "00:08:57", "text": "these headlines are important right"}, {"start": "00:08:55", "end": "00:09:02", "text": "these are big things that are happening"}, {"start": "00:08:57", "end": "00:09:04", "text": "obviously but it's this macro setup that"}, {"start": "00:09:02", "end": "00:09:07", "text": "is forming right now at this"}, {"start": "00:09:04", "end": "00:09:09", "text": "intersection of the business cycle and"}, {"start": "00:09:07", "end": "00:09:12", "text": "the business cycle and these really"}, {"start": "00:09:09", "end": "00:09:14", "text": "macro uh economic setups that we've been"}, {"start": "00:09:12", "end": "00:09:17", "text": "waiting for these are what I think are"}, {"start": "00:09:14", "end": "00:09:19", "text": "really moving uh not not only just"}, {"start": "00:09:17", "end": "00:09:21", "text": "crypto but other asset classes as well"}, {"start": "00:09:19", "end": "00:09:24", "text": "but going back to this chart that was"}, {"start": "00:09:21", "end": "00:09:26", "text": "this very speculative kind of scenario"}, {"start": "00:09:24", "end": "00:09:28", "text": "what I want to say is be very mindful of"}, {"start": "00:09:26", "end": "00:09:30", "text": "a potential break to downside fake out"}, {"start": "00:09:28", "end": "00:09:33", "text": "don't hit the target break back into"}, {"start": "00:09:30", "end": "00:09:35", "text": "this channel and boom we have this"}, {"start": "00:09:33", "end": "00:09:38", "text": "channel back in play it's a it would be"}, {"start": "00:09:35", "end": "00:09:40", "text": "a busted pattern at that point and then"}, {"start": "00:09:38", "end": "00:09:43", "text": "we're making our way to the upside right"}, {"start": "00:09:40", "end": "00:09:45", "text": "and if something like that came came out"}, {"start": "00:09:43", "end": "00:09:48", "text": "to play. Guess what? If you go back to"}, {"start": "00:09:45", "end": "00:09:50", "text": "the weekly chart, that would be an"}, {"start": "00:09:48", "end": "00:09:52", "text": "inverse head and shoulders as well with"}, {"start": "00:09:50", "end": "00:09:54", "text": "just a smaller bright shoulder setup"}, {"start": "00:09:52", "end": "00:09:56", "text": "which could be very bullish momentum or"}, {"start": "00:09:54", "end": "00:09:58", "text": "a hint of bullish momentum for the"}, {"start": "00:09:56", "end": "00:10:01", "text": "bulls. Going back to the 4 hour, these"}, {"start": "00:09:58", "end": "00:10:02", "text": "are some just speculative scenarios. And"}, {"start": "00:10:01", "end": "00:10:04", "text": "then the last one is just lower lows,"}, {"start": "00:10:02", "end": "00:10:07", "text": "lower highs, boom to their target is"}, {"start": "00:10:04", "end": "00:10:09", "text": "what it is. $70,000. Let's see what"}, {"start": "00:10:07", "end": "00:10:11", "text": "happens on this weekly chart at that"}, {"start": "00:10:09", "end": "00:10:14", "text": "area right around the 20week moving"}, {"start": "00:10:11", "end": "00:10:15", "text": "average if it hits. Obviously, none of"}, {"start": "00:10:14", "end": "00:10:17", "text": "these charts, none of technical analysis"}, {"start": "00:10:15", "end": "00:10:20", "text": "should ever be to predict what happens"}, {"start": "00:10:17", "end": "00:10:24", "text": "next. The purpose of technical analysis"}, {"start": "00:10:20", "end": "00:10:26", "text": "is to anticipate what happens next and"}, {"start": "00:10:24", "end": "00:10:28", "text": "to just understand when we use these"}, {"start": "00:10:26", "end": "00:10:30", "text": "tools to get an understanding of"}, {"start": "00:10:28", "end": "00:10:32", "text": "resistance so that we can use caution."}, {"start": "00:10:30", "end": "00:10:35", "text": "But we use these tool to tools to get an"}, {"start": "00:10:32", "end": "00:10:37", "text": "understanding of confirmations, right?"}, {"start": "00:10:35", "end": "00:10:38", "text": "And that's bullish confirmations. And"}, {"start": "00:10:37", "end": "00:10:40", "text": "that is why in a video like this, we're"}, {"start": "00:10:38", "end": "00:10:42", "text": "saying, you know what, 50week moving"}, {"start": "00:10:40", "end": "00:10:45", "text": "average, it's not a prediction. It's"}, {"start": "00:10:42", "end": "00:10:47", "text": "just normal, right? To anticipate"}, {"start": "00:10:45", "end": "00:10:49", "text": "resistance at that moment, to anticipate"}, {"start": "00:10:47", "end": "00:10:51", "text": "downside from that moment. It's a normal"}, {"start": "00:10:49", "end": "00:10:54", "text": "thing. And that gives us clues. It helps"}, {"start": "00:10:51", "end": "00:10:56", "text": "us make more mindful, clear decisions on"}, {"start": "00:10:54", "end": "00:10:57", "text": "all of these charts. And the reason I'm"}, {"start": "00:10:56", "end": "00:10:59", "text": "covering Bitcoin today is because I"}, {"start": "00:10:57", "end": "00:11:01", "text": "think Bitcoin"}, {"start": "00:10:59", "end": "00:11:03", "text": "itself is just at a very key area at"}, {"start": "00:11:01", "end": "00:11:06", "text": "this trend line. And it really does"}, {"start": "00:11:03", "end": "00:11:08", "text": "impact every other altcoin, Ethereum,"}, {"start": "00:11:06", "end": "00:11:10", "text": "every other crypto, and just crypto"}, {"start": "00:11:08", "end": "00:11:12", "text": "markets in general. It's a very nice"}, {"start": "00:11:10", "end": "00:11:14", "text": "signal, a very nice roadmap for what"}, {"start": "00:11:12", "end": "00:11:15", "text": "happens next on the short term. At the"}, {"start": "00:11:14", "end": "00:11:17", "text": "end of the day, everybody, just manage"}, {"start": "00:11:15", "end": "00:11:19", "text": "your risk. That's what it's all about."}, {"start": "00:11:17", "end": "00:11:21", "text": "And for me as a macro crypto investor, I"}, {"start": "00:11:19", "end": "00:11:22", "text": "don't know if you're just a trader or a"}, {"start": "00:11:21", "end": "00:11:25", "text": "macro crypto investor, I'm a macro"}, {"start": "00:11:22", "end": "00:11:27", "text": "crypto value investor. And so for me,"}, {"start": "00:11:25", "end": "00:11:29", "text": "zooming out on these charts is where I'm"}, {"start": "00:11:27", "end": "00:11:31", "text": "playing the game. And I'm just trying to"}, {"start": "00:11:29", "end": "00:11:33", "text": "manage my risk to accumulate where I"}, {"start": "00:11:31", "end": "00:11:35", "text": "think it's lower risk and prepare for a"}, {"start": "00:11:33", "end": "00:11:37", "text": "cycle expansion that I think is getting"}, {"start": "00:11:35", "end": "00:11:39", "text": "ready to happen because when you zoom"}, {"start": "00:11:37", "end": "00:11:42", "text": "out on the charts, that is what it looks"}, {"start": "00:11:39", "end": "00:11:44", "text": "like to me. So, if you're also a macro"}, {"start": "00:11:42", "end": "00:11:46", "text": "value investor, hit that subscribe, join"}, {"start": "00:11:44", "end": "00:11:48", "text": "the channel as we continue just to track"}, {"start": "00:11:46", "end": "00:11:49", "text": "crypto markets, crypto news, all that"}, {"start": "00:11:48", "end": "00:11:51", "text": "good stuff through this cycle. I"}, {"start": "00:11:49", "end": "00:11:52", "text": "appreciate each and every one of you"}, {"start": "00:11:51", "end": "00:11:56", "text": "watching. I will see you all in the next"}, {"start": "00:11:52", "end": "00:11:56", "text": "video. God bless."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "So, there's a real possibility that the"}, {"start": "00:00:01", "end": "00:00:05", "text": "Clarity Act doesn't get through the vote"}, {"start": "00:00:03", "end": "00:00:07", "text": "that's next week. And if that happens, I"}, {"start": "00:00:05", "end": "00:00:10", "text": "already know exactly what I'm going to"}, {"start": "00:00:07", "end": "00:00:13", "text": "do with my crypto. But before I tell you"}, {"start": "00:00:10", "end": "00:00:14", "text": "that, look at what's happening right now"}, {"start": "00:00:13", "end": "00:00:17", "text": "in the crypto space. We're less than a"}, {"start": "00:00:14", "end": "00:00:20", "text": "week away from a major Senate vote, and"}, {"start": "00:00:17", "end": "00:00:21", "text": "you have warnings that this is not going"}, {"start": "00:00:20", "end": "00:00:23", "text": "to advance. There really are some"}, {"start": "00:00:21", "end": "00:00:25", "text": "warnings. As optimistic as I've been"}, {"start": "00:00:23", "end": "00:00:28", "text": "right now, we got to be real. You have"}, {"start": "00:00:25", "end": "00:00:30", "text": "the Treasury Secretary pushing senators"}, {"start": "00:00:28", "end": "00:00:32", "text": "to keep it moving, to keep it going. He"}, {"start": "00:00:30", "end": "00:00:33", "text": "kind of has to do that for optics. And"}, {"start": "00:00:32", "end": "00:00:35", "text": "you have people"}, {"start": "00:00:33", "end": "00:00:37", "text": "essentially already positioning for"}, {"start": "00:00:35", "end": "00:00:40", "text": "failure, whether that's actually"}, {"start": "00:00:37", "end": "00:00:42", "text": "positioning in their portfolios or just"}, {"start": "00:00:40", "end": "00:00:45", "text": "mentally, like me."}, {"start": "00:00:42", "end": "00:00:46", "text": "If you own Bitcoin or altcoins, this is"}, {"start": "00:00:45", "end": "00:00:48", "text": "something"}, {"start": "00:00:46", "end": "00:00:50", "text": "to pay attention to. Besides the Fed"}, {"start": "00:00:48", "end": "00:00:52", "text": "meeting next week, the interest rate"}, {"start": "00:00:50", "end": "00:00:54", "text": "decision, this is the biggest thing. But"}, {"start": "00:00:52", "end": "00:00:57", "text": "the bigger question for you and I is"}, {"start": "00:00:54", "end": "00:00:59", "text": "this. If the vote fails,"}, {"start": "00:00:57", "end": "00:01:01", "text": "does your entire reason"}, {"start": "00:00:59", "end": "00:01:05", "text": "for being in crypto fail with it?"}, {"start": "00:01:01", "end": "00:01:07", "text": "Because mine doesn't. Like at all."}, {"start": "00:01:05", "end": "00:01:10", "text": "September 15th is the date to watch,"}, {"start": "00:01:07", "end": "00:01:12", "text": "obviously. Technically, this is a vote"}, {"start": "00:01:10", "end": "00:01:15", "text": "to advance a bill. It doesn't make"}, {"start": "00:01:12", "end": "00:01:18", "text": "Clarity Act law that day. But don't"}, {"start": "00:01:15", "end": "00:01:21", "text": "underestimate how big this actually is."}, {"start": "00:01:18", "end": "00:01:24", "text": "How big clearing this hurdle would be"}, {"start": "00:01:21", "end": "00:01:26", "text": "for crypto. Getting 60 senators to move"}, {"start": "00:01:24", "end": "00:01:28", "text": "this forward would show real bipartisan"}, {"start": "00:01:26", "end": "00:01:31", "text": "momentum. So, there would still be steps"}, {"start": "00:01:28", "end": "00:01:34", "text": "ahead, but I would absolutely view that"}, {"start": "00:01:31", "end": "00:01:36", "text": "as a bullish signal for crypto and"}, {"start": "00:01:34", "end": "00:01:39", "text": "basically a major breakthrough for this"}, {"start": "00:01:36", "end": "00:01:40", "text": "entire act toward passage. So, really"}, {"start": "00:01:39", "end": "00:01:42", "text": "the question is right now, can they get"}, {"start": "00:01:40", "end": "00:01:45", "text": "those votes? Look at this report shared"}, {"start": "00:01:42", "end": "00:01:47", "text": "by CoinMarketCap. According to Semafor,"}, {"start": "00:01:45", "end": "00:01:49", "text": "Senator Mike Rounds says passage does"}, {"start": "00:01:47", "end": "00:01:50", "text": "not look good right now. That's a pretty"}, {"start": "00:01:49", "end": "00:01:52", "text": "direct warning with the vote being as"}, {"start": "00:01:50", "end": "00:01:55", "text": "close as it is. It's like less than a"}, {"start": "00:01:52", "end": "00:01:57", "text": "week away. And meanwhile, Scott Bessent,"}, {"start": "00:01:55", "end": "00:02:00", "text": "he's urging senators to remain at the"}, {"start": "00:01:57", "end": "00:02:02", "text": "negotiating table and agree to the"}, {"start": "00:02:00", "end": "00:02:05", "text": "motion to proceed. And Cynthia Lummis,"}, {"start": "00:02:02", "end": "00:02:08", "text": "who's non-stop, is also calling for the"}, {"start": "00:02:05", "end": "00:02:11", "text": "Senate to advance the Clarity Act bill."}, {"start": "00:02:08", "end": "00:02:13", "text": "So, you have this very public push going"}, {"start": "00:02:11", "end": "00:02:15", "text": "all across the industry right now to get"}, {"start": "00:02:13", "end": "00:02:16", "text": "things moving, to keep it moving, to get"}, {"start": "00:02:15", "end": "00:02:18", "text": "it through, while other reporting"}, {"start": "00:02:16", "end": "00:02:20", "text": "suggests that the votes just might not"}, {"start": "00:02:18", "end": "00:02:22", "text": "be there. So, as always, that's why I'm"}, {"start": "00:02:20", "end": "00:02:24", "text": "expecting nothing but anticipating"}, {"start": "00:02:22", "end": "00:02:26", "text": "everything. I'm preparing for either"}, {"start": "00:02:24", "end": "00:02:28", "text": "outcome. And then there's this Coin"}, {"start": "00:02:26", "end": "00:02:30", "text": "Bureau post reporting large prediction"}, {"start": "00:02:28", "end": "00:02:32", "text": "market bets against the passage. Now,"}, {"start": "00:02:30", "end": "00:02:34", "text": "someone putting a million dollars behind"}, {"start": "00:02:32", "end": "00:02:36", "text": "a position doesn't mean that they know"}, {"start": "00:02:34", "end": "00:02:38", "text": "what's going to happen, and we really do"}, {"start": "00:02:36", "end": "00:02:41", "text": "have to distinguish between betting on"}, {"start": "00:02:38", "end": "00:02:43", "text": "next week's vote and betting on whether"}, {"start": "00:02:41", "end": "00:02:45", "text": "the bill becomes law by a certain"}, {"start": "00:02:43", "end": "00:02:48", "text": "deadline. But it does show you the kind"}, {"start": "00:02:45", "end": "00:02:50", "text": "of uncertainty and doubt surrounding"}, {"start": "00:02:48", "end": "00:02:52", "text": "this entire issue, surrounding this"}, {"start": "00:02:50", "end": "00:02:54", "text": "entire vote. And that uncertainty could"}, {"start": "00:02:52", "end": "00:02:56", "text": "absolutely affect the market on the"}, {"start": "00:02:54", "end": "00:02:59", "text": "short term. I mean, if this stalls,"}, {"start": "00:02:56", "end": "00:03:01", "text": "could Bitcoin drop? Could altcoins get"}, {"start": "00:02:59", "end": "00:03:03", "text": "hit harder than they've already been"}, {"start": "00:03:01", "end": "00:03:06", "text": "hit? Could we see a wave of headlines"}, {"start": "00:03:03", "end": "00:03:09", "text": "telling us that the crypto opportunity"}, {"start": "00:03:06", "end": "00:03:11", "text": "is over? Yes. That's a scenario that I'm"}, {"start": "00:03:09", "end": "00:03:13", "text": "prepared for and I wouldn't even be"}, {"start": "00:03:11", "end": "00:03:17", "text": "surprised by at all. But here's where I"}, {"start": "00:03:13", "end": "00:03:18", "text": "think people can make a very, very big"}, {"start": "00:03:17", "end": "00:03:20", "text": "mistake."}, {"start": "00:03:18", "end": "00:03:22", "text": "They take a disappointing headline like"}, {"start": "00:03:20", "end": "00:03:25", "text": "this and immediately turn it into a"}, {"start": "00:03:22", "end": "00:03:27", "text": "completely different long-term outlook"}, {"start": "00:03:25", "end": "00:03:30", "text": "of the crypto space without the"}, {"start": "00:03:27", "end": "00:03:31", "text": "underlying conditions actually changing"}, {"start": "00:03:30", "end": "00:03:33", "text": "at all. I mean, just think about this"}, {"start": "00:03:31", "end": "00:03:37", "text": "for a second. Did crypto need the"}, {"start": "00:03:33", "end": "00:03:40", "text": "Clarity Act to have the 2017 parabolic"}, {"start": "00:03:37", "end": "00:03:44", "text": "bull market? Did it need the Clarity Act"}, {"start": "00:03:40", "end": "00:03:46", "text": "for what happened in 2020 and 2021?"}, {"start": "00:03:44", "end": "00:03:49", "text": "No, it didn't. This entire market that"}, {"start": "00:03:46", "end": "00:03:52", "text": "is crypto developed without any"}, {"start": "00:03:49", "end": "00:03:54", "text": "particular bill becoming law. Now, that"}, {"start": "00:03:52", "end": "00:03:56", "text": "statement alone doesn't mean that the"}, {"start": "00:03:54", "end": "00:03:58", "text": "bill is irrelevant cuz it's very"}, {"start": "00:03:56", "end": "00:04:00", "text": "relevant and it's actually very bullish."}, {"start": "00:03:58", "end": "00:04:02", "text": "More clear rules could influence"}, {"start": "00:04:00", "end": "00:04:05", "text": "institutional participation, business"}, {"start": "00:04:02", "end": "00:04:07", "text": "decisions, innovation and capital"}, {"start": "00:04:05", "end": "00:04:11", "text": "entering the crypto space like never"}, {"start": "00:04:07", "end": "00:04:14", "text": "before, how investors assess risk in"}, {"start": "00:04:11", "end": "00:04:17", "text": "this space, which in turn brings in more"}, {"start": "00:04:14", "end": "00:04:19", "text": "capital. Those things matter and that's"}, {"start": "00:04:17", "end": "00:04:22", "text": "why Clarity Act is so bullish. But,"}, {"start": "00:04:19", "end": "00:04:24", "text": "failing to introduce a new framework"}, {"start": "00:04:22", "end": "00:04:27", "text": "doesn't erase the market that already"}, {"start": "00:04:24", "end": "00:04:28", "text": "exists and has existed for years now."}, {"start": "00:04:27", "end": "00:04:30", "text": "Existing laws, they still apply to"}, {"start": "00:04:28", "end": "00:04:33", "text": "businesses, the networks, the"}, {"start": "00:04:30", "end": "00:04:35", "text": "infrastructure. They don't suddenly like"}, {"start": "00:04:33", "end": "00:04:36", "text": "disappear because the Senate couldn't"}, {"start": "00:04:35", "end": "00:04:38", "text": "get their stuff together and they"}, {"start": "00:04:36", "end": "00:04:40", "text": "couldn't move a bill forward. We would"}, {"start": "00:04:38", "end": "00:04:42", "text": "still be dealing with uncertainty even"}, {"start": "00:04:40", "end": "00:04:44", "text": "if that were to happen. We would still"}, {"start": "00:04:42", "end": "00:04:46", "text": "be waiting for that legislation and I"}, {"start": "00:04:44", "end": "00:04:49", "text": "think that distinction gets completely"}, {"start": "00:04:46", "end": "00:04:50", "text": "lost when everybody is reacting to the"}, {"start": "00:04:49", "end": "00:04:52", "text": "same headline"}, {"start": "00:04:50", "end": "00:04:54", "text": "and they're doing so with a very"}, {"start": "00:04:52", "end": "00:04:58", "text": "short-term mindset. Because thankfully,"}, {"start": "00:04:54", "end": "00:05:00", "text": "my thesis has never been Congress passes"}, {"start": "00:04:58", "end": "00:05:02", "text": "one bill and then therefore every"}, {"start": "00:05:00", "end": "00:05:05", "text": "altcoin just goes up and we enter a bull"}, {"start": "00:05:02", "end": "00:05:07", "text": "market. My thesis is about something"}, {"start": "00:05:05", "end": "00:05:09", "text": "completely different called the business"}, {"start": "00:05:07", "end": "00:05:12", "text": "cycle. What happens if manufacturing"}, {"start": "00:05:09", "end": "00:05:15", "text": "moves into a sustained expansion? What"}, {"start": "00:05:12", "end": "00:05:18", "text": "happens if liquidity improves alongside"}, {"start": "00:05:15", "end": "00:05:22", "text": "that? What happens if those conditions"}, {"start": "00:05:18", "end": "00:05:25", "text": "support a broader appetite for risk?"}, {"start": "00:05:22", "end": "00:05:28", "text": "What happens if capital finally moves"}, {"start": "00:05:25", "end": "00:05:31", "text": "its way down the risk curve to that last"}, {"start": "00:05:28", "end": "00:05:33", "text": "asset class, which is crypto? That's the"}, {"start": "00:05:31", "end": "00:05:36", "text": "environment I'm watching for. That's why"}, {"start": "00:05:33", "end": "00:05:38", "text": "I keep coming back to the PMI, economic"}, {"start": "00:05:36", "end": "00:05:41", "text": "momentum, and liquidity, and all these"}, {"start": "00:05:38", "end": "00:05:43", "text": "different things. Those things tell me"}, {"start": "00:05:41", "end": "00:05:46", "text": "much more about the conditions for a"}, {"start": "00:05:43", "end": "00:05:49", "text": "sustained market move than one day of"}, {"start": "00:05:46", "end": "00:05:50", "text": "political headlines. And to be clear,"}, {"start": "00:05:49", "end": "00:05:52", "text": "we're still testing this entire thesis"}, {"start": "00:05:50", "end": "00:05:54", "text": "right now. If the economic data rolls"}, {"start": "00:05:52", "end": "00:05:56", "text": "over, I have to acknowledge that. If"}, {"start": "00:05:54", "end": "00:05:58", "text": "liquidity deteriorates, I have to"}, {"start": "00:05:56", "end": "00:06:00", "text": "acknowledge that. I don't get to ignore"}, {"start": "00:05:58", "end": "00:06:01", "text": "evidence just because I'm bullish. It's"}, {"start": "00:06:00", "end": "00:06:04", "text": "not what I do here on the channel. But,"}, {"start": "00:06:01", "end": "00:06:06", "text": "the same discipline applies in the other"}, {"start": "00:06:04", "end": "00:06:08", "text": "direction. If a bill stalls while the"}, {"start": "00:06:06", "end": "00:06:10", "text": "underlying conditions that I'm watching"}, {"start": "00:06:08", "end": "00:06:13", "text": "continue to improve and go into this"}, {"start": "00:06:10", "end": "00:06:16", "text": "direction of expansion after 5 to 6"}, {"start": "00:06:13", "end": "00:06:18", "text": "years of contraction, why would I"}, {"start": "00:06:16", "end": "00:06:20", "text": "automatically throw the entire thesis"}, {"start": "00:06:18", "end": "00:06:22", "text": "away? So, basically, it's like this. A"}, {"start": "00:06:20", "end": "00:06:25", "text": "successful vote next week won't"}, {"start": "00:06:22", "end": "00:06:28", "text": "guarantee a bull market. But, a failed"}, {"start": "00:06:25", "end": "00:06:29", "text": "vote doesn't automatically cancel one."}, {"start": "00:06:28", "end": "00:06:31", "text": "So, here's my answer to the question"}, {"start": "00:06:29", "end": "00:06:34", "text": "from the beginning. That is, what am I"}, {"start": "00:06:31", "end": "00:06:35", "text": "doing if this fails? If Clarity doesn't"}, {"start": "00:06:34", "end": "00:06:37", "text": "get through. I can tell you one thing,"}, {"start": "00:06:35", "end": "00:06:39", "text": "I'm not going to change my positioning"}, {"start": "00:06:37", "end": "00:06:41", "text": "solely because the vote fails next week,"}, {"start": "00:06:39", "end": "00:06:44", "text": "if that happens. I'm going to continue"}, {"start": "00:06:41", "end": "00:06:47", "text": "preparing for what I believe could be"}, {"start": "00:06:44", "end": "00:06:50", "text": "the first broad, business-cycle-driven"}, {"start": "00:06:47", "end": "00:06:52", "text": "crypto expansion since 2020-2021"}, {"start": "00:06:50", "end": "00:06:53", "text": "bull market. That's what I've been"}, {"start": "00:06:52", "end": "00:06:54", "text": "watching for. That's what I've been"}, {"start": "00:06:53", "end": "00:06:56", "text": "waiting for. That's what I'm going to"}, {"start": "00:06:54", "end": "00:06:58", "text": "keep tracking. Because within my"}, {"start": "00:06:56", "end": "00:07:00", "text": "framework, the business cycle and"}, {"start": "00:06:58", "end": "00:07:01", "text": "liquidity and all these things, the"}, {"start": "00:07:00", "end": "00:07:04", "text": "macroeconomic setup,"}, {"start": "00:07:01", "end": "00:07:07", "text": "they all have a far greater influence on"}, {"start": "00:07:04", "end": "00:07:09", "text": "the broader crypto trend than this one"}, {"start": "00:07:07", "end": "00:07:11", "text": "legislative event. I would absolutely"}, {"start": "00:07:09", "end": "00:07:13", "text": "welcome the momentum from a successful"}, {"start": "00:07:11", "end": "00:07:16", "text": "vote. Do not get me wrong. But, I'm not"}, {"start": "00:07:13", "end": "00:07:19", "text": "making my entire outlook for this cycle"}, {"start": "00:07:16", "end": "00:07:22", "text": "dependent on what Congress does next"}, {"start": "00:07:19", "end": "00:07:25", "text": "week. So, we can prepare for Clarity to"}, {"start": "00:07:22", "end": "00:07:27", "text": "stall and still prepare for crypto"}, {"start": "00:07:25", "end": "00:07:29", "text": "expansion. You see, both of these things"}, {"start": "00:07:27", "end": "00:07:31", "text": "can be true and can happen at the same"}, {"start": "00:07:29", "end": "00:07:33", "text": "exact time. So, tell me, crypto holder,"}, {"start": "00:07:31", "end": "00:07:35", "text": "if the vote fails next week, what"}, {"start": "00:07:33", "end": "00:07:37", "text": "actually changes for you? Your"}, {"start": "00:07:35", "end": "00:07:39", "text": "investment thesis or how you feel for"}, {"start": "00:07:37", "end": "00:07:40", "text": "maybe the next couple of weeks? And"}, {"start": "00:07:39", "end": "00:07:42", "text": "that's it. Appreciate you watching. If"}, {"start": "00:07:40", "end": "00:07:43", "text": "you got any value from the video, please"}, {"start": "00:07:42", "end": "00:07:45", "text": "hit the subscribe."}, {"start": "00:07:43", "end": "00:07:47", "text": "I'll see you in the next video. God"}, {"start": "00:07:45", "end": "00:07:47", "text": "bless."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Headlines getting crazy going into next"}, {"start": "00:00:01", "end": "00:00:06", "text": "7 days. I'm here to remind you to focus"}, {"start": "00:00:03", "end": "00:00:08", "text": "on what matters. It's the macro. Next"}, {"start": "00:00:06", "end": "00:00:09", "text": "rate decision will be announced after"}, {"start": "00:00:08", "end": "00:00:11", "text": "policy meetings on September 15th and"}, {"start": "00:00:09", "end": "00:00:12", "text": "16th. This is around a week from now."}, {"start": "00:00:11", "end": "00:00:14", "text": "You're going to see the headlines."}, {"start": "00:00:12", "end": "00:00:16", "text": "You're going to see prediction markets."}, {"start": "00:00:14", "end": "00:00:17", "text": "Fed rate hike odds climb as Trump turns"}, {"start": "00:00:16", "end": "00:00:20", "text": "up pressure. If you're zoomed in on"}, {"start": "00:00:17", "end": "00:00:21", "text": "these headlines, it will make you crazy."}, {"start": "00:00:20", "end": "00:00:22", "text": "And I'm encouraging you right now and"}, {"start": "00:00:21", "end": "00:00:25", "text": "what we're going to do in this video"}, {"start": "00:00:22", "end": "00:00:27", "text": "with brand new data in terms of crypto"}, {"start": "00:00:25", "end": "00:00:30", "text": "bull markets and in particular altcoin"}, {"start": "00:00:27", "end": "00:00:31", "text": "dominance and altcoin cycles, zoom out"}, {"start": "00:00:30", "end": "00:00:33", "text": "on all the charts. This is Bitcoin"}, {"start": "00:00:31", "end": "00:00:35", "text": "zoomed out on the weekly. Remember where"}, {"start": "00:00:33", "end": "00:00:37", "text": "we are in the cycles and I'm going to"}, {"start": "00:00:35", "end": "00:00:39", "text": "paint a picture for you as we get these"}, {"start": "00:00:37", "end": "00:00:41", "text": "headlines through the next week. And the"}, {"start": "00:00:39", "end": "00:00:42", "text": "other one is this. Senator Elizabeth"}, {"start": "00:00:41", "end": "00:00:44", "text": "Warren is right this moment doing"}, {"start": "00:00:42", "end": "00:00:47", "text": "everything she can to block the Clarity"}, {"start": "00:00:44", "end": "00:00:49", "text": "Act. She's demanding all Democrats vote"}, {"start": "00:00:47", "end": "00:00:51", "text": "no."}, {"start": "00:00:49", "end": "00:00:52", "text": "All at the same time, White House crypto"}, {"start": "00:00:51", "end": "00:00:55", "text": "advisor Patrick White says Clarity Act"}, {"start": "00:00:52", "end": "00:00:58", "text": "doubters will be proven wrong. Senate"}, {"start": "00:00:55", "end": "00:01:01", "text": "vote scheduled for September 15th. We"}, {"start": "00:00:58", "end": "00:01:04", "text": "have like a week worth of"}, {"start": "00:01:01", "end": "00:01:06", "text": "probably crazy chaotic headlines. It's"}, {"start": "00:01:04", "end": "00:01:07", "text": "going to be very easy to look at this"}, {"start": "00:01:06", "end": "00:01:09", "text": "short-term moment of these headlines and"}, {"start": "00:01:07", "end": "00:01:11", "text": "be like, \"Oh man,"}, {"start": "00:01:09", "end": "00:01:14", "text": "what's going to happen with crypto?\""}, {"start": "00:01:11", "end": "00:01:16", "text": "It is so small in terms of the grand"}, {"start": "00:01:14", "end": "00:01:17", "text": "scheme of things, the larger picture."}, {"start": "00:01:16", "end": "00:01:20", "text": "This is what I want to paint for you in"}, {"start": "00:01:17", "end": "00:01:22", "text": "this video. A lot of the data I'm about"}, {"start": "00:01:20", "end": "00:01:25", "text": "to share with you comes from altcoin"}, {"start": "00:01:22", "end": "00:01:27", "text": "dominance excluding top 10. If you've"}, {"start": "00:01:25", "end": "00:01:28", "text": "been watching my videos, you know I have"}, {"start": "00:01:27", "end": "00:01:30", "text": "this crazy theory."}, {"start": "00:01:28", "end": "00:01:34", "text": "This bottom chart that you see here, the"}, {"start": "00:01:30", "end": "00:01:37", "text": "PMI business cycle, the the economic"}, {"start": "00:01:34", "end": "00:01:40", "text": "contraction into expansion, back into"}, {"start": "00:01:37", "end": "00:01:42", "text": "contraction into expansion, moves with"}, {"start": "00:01:40", "end": "00:01:46", "text": "the flow of crypto bull markets and bear"}, {"start": "00:01:42", "end": "00:01:48", "text": "markets. And so, what I wanted to do is"}, {"start": "00:01:46", "end": "00:01:49", "text": "I wanted to demonstrate and visualize"}, {"start": "00:01:48", "end": "00:01:50", "text": "this with you in a different way."}, {"start": "00:01:49", "end": "00:01:53", "text": "Instead of me just continuously"}, {"start": "00:01:50", "end": "00:01:56", "text": "explaining that. And so, what we have"}, {"start": "00:01:53", "end": "00:01:58", "text": "here is basically our second main CCV"}, {"start": "00:01:56", "end": "00:02:00", "text": "indicator. It's a prototype. It's not"}, {"start": "00:01:58", "end": "00:02:02", "text": "yet available to our members, but it's a"}, {"start": "00:02:00", "end": "00:02:04", "text": "CCV risk curve index."}, {"start": "00:02:02", "end": "00:02:06", "text": "If you saw, maybe a couple of weeks ago,"}, {"start": "00:02:04", "end": "00:02:09", "text": "we built this, a CCV business cycle"}, {"start": "00:02:06", "end": "00:02:11", "text": "index, which is different than this ISM"}, {"start": "00:02:09", "end": "00:02:13", "text": "PMI that we use a lot on this channel."}, {"start": "00:02:11", "end": "00:02:16", "text": "This is in TradingView. You can access"}, {"start": "00:02:13", "end": "00:02:18", "text": "this. But, this has painted a very nice"}, {"start": "00:02:16", "end": "00:02:20", "text": "picture of crypto bear and bull markets."}, {"start": "00:02:18", "end": "00:02:21", "text": "When we go into bull markets, this"}, {"start": "00:02:20", "end": "00:02:23", "text": "starts expanding, and this is what's"}, {"start": "00:02:21", "end": "00:02:25", "text": "happening on the PMI. The economic"}, {"start": "00:02:23", "end": "00:02:27", "text": "expansion is beginning to take place"}, {"start": "00:02:25", "end": "00:02:29", "text": "after years of contraction. What I did"}, {"start": "00:02:27", "end": "00:02:33", "text": "is I built a model not using ISM data,"}, {"start": "00:02:29", "end": "00:02:35", "text": "but using regional data. And it has its"}, {"start": "00:02:33", "end": "00:02:36", "text": "own rules in terms of when is the"}, {"start": "00:02:35", "end": "00:02:39", "text": "confirmation of business cycle"}, {"start": "00:02:36", "end": "00:02:41", "text": "expansion. It is three prints on our"}, {"start": "00:02:39", "end": "00:02:43", "text": "index above 51. So, we have two prints"}, {"start": "00:02:41", "end": "00:02:45", "text": "above 51 so far. We just got the August"}, {"start": "00:02:43", "end": "00:02:47", "text": "print at 55.2, and we're waiting on"}, {"start": "00:02:45", "end": "00:02:48", "text": "September."}, {"start": "00:02:47", "end": "00:02:49", "text": "Now,"}, {"start": "00:02:48", "end": "00:02:51", "text": "what I wanted to do was I wanted to take"}, {"start": "00:02:49", "end": "00:02:53", "text": "this a step further, because"}, {"start": "00:02:51", "end": "00:02:55", "text": "and this is why we built this CCV risk"}, {"start": "00:02:53", "end": "00:02:57", "text": "curve index."}, {"start": "00:02:55", "end": "00:03:00", "text": "What it does is, if I go to the altcoin"}, {"start": "00:02:57", "end": "00:03:03", "text": "dominance chart, this excludes top 10."}, {"start": "00:03:00", "end": "00:03:04", "text": "All that I'm always saying is"}, {"start": "00:03:03", "end": "00:03:06", "text": "you see this red box, record-breaking"}, {"start": "00:03:04", "end": "00:03:08", "text": "quantitative tightening, only second"}, {"start": "00:03:06", "end": "00:03:10", "text": "time we've had this this tightening"}, {"start": "00:03:08", "end": "00:03:13", "text": "cycle."}, {"start": "00:03:10", "end": "00:03:16", "text": "Where where the where the Fed does QT."}, {"start": "00:03:13", "end": "00:03:18", "text": "It's it's years worth, right? And And"}, {"start": "00:03:16", "end": "00:03:20", "text": "crypto had to survive all that. And"}, {"start": "00:03:18", "end": "00:03:22", "text": "therefore, that paired with economic"}, {"start": "00:03:20", "end": "00:03:23", "text": "contraction, which is also"}, {"start": "00:03:22", "end": "00:03:25", "text": "record-breaking, and we're going to look"}, {"start": "00:03:23", "end": "00:03:28", "text": "at this in just a moment,"}, {"start": "00:03:25", "end": "00:03:30", "text": "this is what altcoins had have had have"}, {"start": "00:03:28", "end": "00:03:34", "text": "have had to endure. And this has meant"}, {"start": "00:03:30", "end": "00:03:35", "text": "no bull markets. I I go as far as to say"}, {"start": "00:03:34", "end": "00:03:37", "text": "Bitcoin hasn't had its bull market yet."}, {"start": "00:03:35", "end": "00:03:38", "text": "I know it broke all-time high, but"}, {"start": "00:03:37", "end": "00:03:40", "text": "that's not the bull market that I think"}, {"start": "00:03:38", "end": "00:03:42", "text": "is getting ready to happen, that I think"}, {"start": "00:03:40", "end": "00:03:44", "text": "even every Bitcoin maximalist wants to"}, {"start": "00:03:42", "end": "00:03:47", "text": "happen, and every even four-year cycle"}, {"start": "00:03:44", "end": "00:03:48", "text": "person wants or wanted to happen. I"}, {"start": "00:03:47", "end": "00:03:49", "text": "think that bull market is getting ready"}, {"start": "00:03:48", "end": "00:03:51", "text": "to happen, because what we see here"}, {"start": "00:03:49", "end": "00:03:52", "text": "happening."}, {"start": "00:03:51", "end": "00:03:54", "text": "With that being said, I wanted to"}, {"start": "00:03:52", "end": "00:03:56", "text": "visualize this. That is this thought."}, {"start": "00:03:54", "end": "00:03:58", "text": "Why is it record-breaking contraction?"}, {"start": "00:03:56", "end": "00:04:01", "text": "Why is there no bull market just because"}, {"start": "00:03:58", "end": "00:04:05", "text": "of economic contraction and suppression?"}, {"start": "00:04:01", "end": "00:04:07", "text": "Why is it that money only enters crypto"}, {"start": "00:04:05", "end": "00:04:09", "text": "and allows for a crypto bull market when"}, {"start": "00:04:07", "end": "00:04:11", "text": "the when the economic expansion begins?"}, {"start": "00:04:09", "end": "00:04:13", "text": "Why is that?"}, {"start": "00:04:11", "end": "00:04:15", "text": "Well, it's because as I say, money kind"}, {"start": "00:04:13", "end": "00:04:17", "text": "of flows down the risk curve when we"}, {"start": "00:04:15", "end": "00:04:20", "text": "start getting expansion and crypto is"}, {"start": "00:04:17", "end": "00:04:23", "text": "the last domino to fall. The last one to"}, {"start": "00:04:20", "end": "00:04:25", "text": "basically receive that inflow. And so,"}, {"start": "00:04:23", "end": "00:04:27", "text": "that's the purpose of this this new"}, {"start": "00:04:25", "end": "00:04:29", "text": "index. At the top you see, this is"}, {"start": "00:04:27", "end": "00:04:31", "text": "altcoin dominance chart that we looked"}, {"start": "00:04:29", "end": "00:04:34", "text": "at. This is the graph in blue. In the"}, {"start": "00:04:31", "end": "00:04:38", "text": "middle is our CCVI index, our business"}, {"start": "00:04:34", "end": "00:04:40", "text": "cycle index, to really define define and"}, {"start": "00:04:38", "end": "00:04:42", "text": "show you in orange these are in orange"}, {"start": "00:04:40", "end": "00:04:44", "text": "lines when we got expansion"}, {"start": "00:04:42", "end": "00:04:46", "text": "confirmations, right? Last time we got a"}, {"start": "00:04:44", "end": "00:04:49", "text": "business cycle expansion confirmation in"}, {"start": "00:04:46", "end": "00:04:51", "text": "our index was September of 2020. And"}, {"start": "00:04:49", "end": "00:04:53", "text": "there's the bull market that followed in"}, {"start": "00:04:51", "end": "00:04:54", "text": "the in the green box. You see that?"}, {"start": "00:04:53", "end": "00:04:56", "text": "And then it was"}, {"start": "00:04:54", "end": "00:04:59", "text": "a record-breaking bear market of"}, {"start": "00:04:56", "end": "00:05:01", "text": "contraction in this white line that is"}, {"start": "00:04:59", "end": "00:05:04", "text": "the business cycle. But right now we"}, {"start": "00:05:01", "end": "00:05:08", "text": "have two of three prints. It's not yet"}, {"start": "00:05:04", "end": "00:05:09", "text": "confirmed and here we go. I have"}, {"start": "00:05:08", "end": "00:05:12", "text": "I have a nice notification on the"}, {"start": "00:05:09", "end": "00:05:13", "text": "screen. Thanks, Brave."}, {"start": "00:05:12", "end": "00:05:15", "text": "We have two of three prints not yet"}, {"start": "00:05:13", "end": "00:05:17", "text": "confirmed, but we're waiting for"}, {"start": "00:05:15", "end": "00:05:18", "text": "expansion to be confirmed. This is what"}, {"start": "00:05:17", "end": "00:05:20", "text": "triggered last bull market. It's what"}, {"start": "00:05:18", "end": "00:05:21", "text": "triggered the bull market back here in"}, {"start": "00:05:20", "end": "00:05:24", "text": "2017. It's what triggered the bull"}, {"start": "00:05:21", "end": "00:05:25", "text": "market in 2014. Now, the risk curve"}, {"start": "00:05:24", "end": "00:05:29", "text": "index is a picture and a visualization"}, {"start": "00:05:25", "end": "00:05:31", "text": "of that money. Right? The the the money"}, {"start": "00:05:29", "end": "00:05:33", "text": "reaching finally the far end of the risk"}, {"start": "00:05:31", "end": "00:05:36", "text": "curve. What does that score look like?"}, {"start": "00:05:33", "end": "00:05:39", "text": "It's at a nine right now. I think 9.4."}, {"start": "00:05:36", "end": "00:05:43", "text": "So, we are in compression phase and it's"}, {"start": "00:05:39", "end": "00:05:45", "text": "so low because it's been so long. And if"}, {"start": "00:05:43", "end": "00:05:48", "text": "you look at previous cycles, you notice"}, {"start": "00:05:45", "end": "00:05:50", "text": "in like a 74 when the business expansion"}, {"start": "00:05:48", "end": "00:05:53", "text": "business cycle expansion confirmed in"}, {"start": "00:05:50", "end": "00:05:56", "text": "September 2020, this was at a 74 and"}, {"start": "00:05:53", "end": "00:05:59", "text": "then it capitulated briefly to like a 17"}, {"start": "00:05:56", "end": "00:06:01", "text": "before going into altcoin season. And I"}, {"start": "00:05:59", "end": "00:06:03", "text": "want to point that out to you on this"}, {"start": "00:06:01", "end": "00:06:05", "text": "model because that capitulation, if we"}, {"start": "00:06:03", "end": "00:06:07", "text": "go look at Bitcoin dominance,"}, {"start": "00:06:05", "end": "00:06:09", "text": "this is what was happening with Bitcoin"}, {"start": "00:06:07", "end": "00:06:11", "text": "dominance October, November, December"}, {"start": "00:06:09", "end": "00:06:14", "text": "2020. Look at Bitcoin dominance"}, {"start": "00:06:11", "end": "00:06:16", "text": "exploding. That's why on this index you"}, {"start": "00:06:14", "end": "00:06:18", "text": "see"}, {"start": "00:06:16", "end": "00:06:21", "text": "a capitulation before continuing into"}, {"start": "00:06:18", "end": "00:06:24", "text": "that bull. So, I want to say this,"}, {"start": "00:06:21", "end": "00:06:26", "text": "if we get a confirmed print finally of"}, {"start": "00:06:24", "end": "00:06:27", "text": "expansion on this index, right? And"}, {"start": "00:06:26", "end": "00:06:29", "text": "we're really starting to think, man, a"}, {"start": "00:06:27", "end": "00:06:31", "text": "bull market is getting ready to pop and"}, {"start": "00:06:29", "end": "00:06:33", "text": "that's what I've been saying."}, {"start": "00:06:31", "end": "00:06:35", "text": "Don't count out"}, {"start": "00:06:33", "end": "00:06:38", "text": "that even if that happens, Bitcoin"}, {"start": "00:06:35", "end": "00:06:40", "text": "dominance actually starts moving up"}, {"start": "00:06:38", "end": "00:06:42", "text": "and then finally falling. Just"}, {"start": "00:06:40", "end": "00:06:44", "text": "anticipate it. I'm not saying it's"}, {"start": "00:06:42", "end": "00:06:47", "text": "definitely going to happen. You can"}, {"start": "00:06:44", "end": "00:06:50", "text": "actually see back here in 2017,"}, {"start": "00:06:47", "end": "00:06:52", "text": "it printed, the expansion was confirmed,"}, {"start": "00:06:50", "end": "00:06:54", "text": "but our risk curve index"}, {"start": "00:06:52", "end": "00:06:56", "text": "it just went higher. And if you actually"}, {"start": "00:06:54", "end": "00:06:59", "text": "go look at the altcoin chart up here, it"}, {"start": "00:06:56", "end": "00:07:01", "text": "just went up, right? Now, something"}, {"start": "00:06:59", "end": "00:07:03", "text": "similar happened all the way back here"}, {"start": "00:07:01", "end": "00:07:06", "text": "in June 2014,"}, {"start": "00:07:03", "end": "00:07:07", "text": "it confirmed, the risk index fell,"}, {"start": "00:07:06", "end": "00:07:10", "text": "altcoin dominance fell briefly and then"}, {"start": "00:07:07", "end": "00:07:12", "text": "boom, to the upside."}, {"start": "00:07:10", "end": "00:07:13", "text": "But, I think what the purpose is is not"}, {"start": "00:07:12", "end": "00:07:15", "text": "even to do so much analysis on like"}, {"start": "00:07:13", "end": "00:07:17", "text": "these zoomed in areas. It shows on the"}, {"start": "00:07:15", "end": "00:07:19", "text": "broader scale of things when expansion"}, {"start": "00:07:17", "end": "00:07:22", "text": "confirmed and when bull markets were"}, {"start": "00:07:19", "end": "00:07:24", "text": "confirmed, but the purpose of this is to"}, {"start": "00:07:22", "end": "00:07:26", "text": "visualize with you"}, {"start": "00:07:24", "end": "00:07:28", "text": "from a different"}, {"start": "00:07:26", "end": "00:07:31", "text": "place and with a score in mind and that"}, {"start": "00:07:28", "end": "00:07:34", "text": "is a nine now, 9.4,"}, {"start": "00:07:31", "end": "00:07:37", "text": "to visualize with you what"}, {"start": "00:07:34", "end": "00:07:38", "text": "record-breaking contraction has done to"}, {"start": "00:07:37", "end": "00:07:41", "text": "this cycle. And when I say"}, {"start": "00:07:38", "end": "00:07:43", "text": "record-breaking contraction, I mean that"}, {"start": "00:07:41", "end": "00:07:45", "text": "in context to basically every chart that"}, {"start": "00:07:43", "end": "00:07:47", "text": "we've been that we've been looking at,"}, {"start": "00:07:45", "end": "00:07:50", "text": "right? Including"}, {"start": "00:07:47", "end": "00:07:51", "text": "uh altcoin dominance."}, {"start": "00:07:50", "end": "00:07:52", "text": "So,"}, {"start": "00:07:51", "end": "00:07:53", "text": "I wanted to bring this data to you."}, {"start": "00:07:52", "end": "00:07:55", "text": "Again, you know, there's [snorts]"}, {"start": "00:07:53", "end": "00:07:57", "text": "probably many different ways we can"}, {"start": "00:07:55", "end": "00:07:58", "text": "slice this up and dissect this. We are"}, {"start": "00:07:57", "end": "00:08:00", "text": "waiting for the third print in our"}, {"start": "00:07:58", "end": "00:08:01", "text": "business cycle. Sorry, my phone is"}, {"start": "00:08:00", "end": "00:08:03", "text": "ringing."}, {"start": "00:08:01", "end": "00:08:05", "text": "Once that's done though, I think we're"}, {"start": "00:08:03", "end": "00:08:06", "text": "going to have very nice updated data on"}, {"start": "00:08:05", "end": "00:08:08", "text": "this and we're going to see if this"}, {"start": "00:08:06", "end": "00:08:11", "text": "actually turns around. That is the risk"}, {"start": "00:08:08", "end": "00:08:13", "text": "curve index and that is translating to"}, {"start": "00:08:11", "end": "00:08:14", "text": "money finally flowing to the part of the"}, {"start": "00:08:13", "end": "00:08:16", "text": "risk curve that you and I are most"}, {"start": "00:08:14", "end": "00:08:18", "text": "interested in. That is crypto. And I'm"}, {"start": "00:08:16", "end": "00:08:21", "text": "bringing this up to you because if you"}, {"start": "00:08:18", "end": "00:08:24", "text": "look at the full history here, this is"}, {"start": "00:08:21", "end": "00:08:27", "text": "going back to 2014, you can just see how"}, {"start": "00:08:24", "end": "00:08:29", "text": "these cycles work. And right now, look"}, {"start": "00:08:27", "end": "00:08:32", "text": "at how long of contraction we have been"}, {"start": "00:08:29", "end": "00:08:35", "text": "in, right? Put aside crypto."}, {"start": "00:08:32", "end": "00:08:38", "text": "And what I'm trying to tell you is I"}, {"start": "00:08:35", "end": "00:08:40", "text": "think it's crazy to think that this, the"}, {"start": "00:08:38", "end": "00:08:42", "text": "business cycles,"}, {"start": "00:08:40", "end": "00:08:45", "text": "and economic data, and and economic"}, {"start": "00:08:42", "end": "00:08:46", "text": "realities,"}, {"start": "00:08:45", "end": "00:08:48", "text": "they play into every market,"}, {"start": "00:08:46", "end": "00:08:50", "text": "but they don't play into crypto because"}, {"start": "00:08:48", "end": "00:08:51", "text": "crypto follows a different thing and"}, {"start": "00:08:50", "end": "00:08:53", "text": "it's called a a four-year cycle"}, {"start": "00:08:51", "end": "00:08:55", "text": "calendar. I have so much trouble"}, {"start": "00:08:53", "end": "00:08:57", "text": "believing that. And I'm trying to now"}, {"start": "00:08:55", "end": "00:08:58", "text": "visualize with you more and more data to"}, {"start": "00:08:57", "end": "00:09:00", "text": "kind of"}, {"start": "00:08:58", "end": "00:09:03", "text": "prove"}, {"start": "00:09:00", "end": "00:09:05", "text": "with data and via visualizations and"}, {"start": "00:09:03", "end": "00:09:08", "text": "models and indexes cuz that's all it is."}, {"start": "00:09:05", "end": "00:09:10", "text": "It's just data visualized"}, {"start": "00:09:08", "end": "00:09:11", "text": "that crypto is doing something like"}, {"start": "00:09:10", "end": "00:09:13", "text": "every other asset class. The only"}, {"start": "00:09:11", "end": "00:09:14", "text": "difference is we're at the end of the"}, {"start": "00:09:13", "end": "00:09:16", "text": "risk curve right now."}, {"start": "00:09:14", "end": "00:09:18", "text": "So, um I wanted to bring this up to"}, {"start": "00:09:16", "end": "00:09:20", "text": "remind you, zoom out, look at the"}, {"start": "00:09:18", "end": "00:09:22", "text": "broader picture, look at his what look"}, {"start": "00:09:20", "end": "00:09:23", "text": "at what is going on because the"}, {"start": "00:09:22", "end": "00:09:24", "text": "headlines right now are going to be very"}, {"start": "00:09:23", "end": "00:09:27", "text": "distracting for the next week. They just"}, {"start": "00:09:24", "end": "00:09:29", "text": "really are. And that is Fed rate"}, {"start": "00:09:27", "end": "00:09:31", "text": "decision as well as,"}, {"start": "00:09:29", "end": "00:09:32", "text": "you know, the Clarity Act and the vote"}, {"start": "00:09:31", "end": "00:09:34", "text": "that is coming on September 15th. It's"}, {"start": "00:09:32", "end": "00:09:37", "text": "going to be crazy. I'm excited, but it's"}, {"start": "00:09:34", "end": "00:09:39", "text": "going to be crazy. So, lock in, focus on"}, {"start": "00:09:37", "end": "00:09:40", "text": "the data. I appreciate you watching. If"}, {"start": "00:09:39", "end": "00:09:41", "text": "you're not a subscriber, please"}, {"start": "00:09:40", "end": "00:09:43", "text": "subscribe. Hit that like if you got any"}, {"start": "00:09:41", "end": "00:09:45", "text": "value from this video. It means a lot to"}, {"start": "00:09:43", "end": "00:09:48", "text": "me. Helps the channel. I'll see you in"}, {"start": "00:09:45", "end": "00:09:48", "text": "the next video. God bless."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "Incredible crypto charts playing out"}, {"start": "00:00:02", "end": "00:00:06", "text": "right now. This is Bitcoin on the daily."}, {"start": "00:00:03", "end": "00:00:08", "text": "It's this move, the 50-day moving"}, {"start": "00:00:06", "end": "00:00:09", "text": "average printing, getting ready to print"}, {"start": "00:00:08", "end": "00:00:12", "text": "above the 200 day moving average, the"}, {"start": "00:00:09", "end": "00:00:14", "text": "golden cross. While if you go look at an"}, {"start": "00:00:12", "end": "00:00:16", "text": "altcoin dominance chart right now, for"}, {"start": "00:00:14", "end": "00:00:20", "text": "almost a year going back to October of"}, {"start": "00:00:16", "end": "00:00:22", "text": "2025, altcoin dominance excluding top 10"}, {"start": "00:00:20", "end": "00:00:25", "text": "has been trending upwards. And right now"}, {"start": "00:00:22", "end": "00:00:27", "text": "on this monthly chart that you see"}, {"start": "00:00:25", "end": "00:00:32", "text": "currently still 24 days left. We are"}, {"start": "00:00:27", "end": "00:00:34", "text": "having this moment an April 2020 style"}, {"start": "00:00:32", "end": "00:00:36", "text": "moment for altcoins. And the total"}, {"start": "00:00:34", "end": "00:00:38", "text": "crypto market cap chart right now is"}, {"start": "00:00:36", "end": "00:00:40", "text": "getting ready to enter a very special"}, {"start": "00:00:38", "end": "00:00:42", "text": "phase. And I say that to you, whether"}, {"start": "00:00:40", "end": "00:00:44", "text": "you think it's a four-year cycle that"}, {"start": "00:00:42", "end": "00:00:46", "text": "we're on, a business cycle, whether you"}, {"start": "00:00:44", "end": "00:00:48", "text": "just don't care or you do care, it"}, {"start": "00:00:46", "end": "00:00:49", "text": "doesn't matter because right now"}, {"start": "00:00:48", "end": "00:00:52", "text": "something is happening on this chart"}, {"start": "00:00:49", "end": "00:00:54", "text": "that just happens and signals when we"}, {"start": "00:00:52", "end": "00:00:56", "text": "get bull moves. So, we're going to kind"}, {"start": "00:00:54", "end": "00:00:58", "text": "of dissect all of these things in a very"}, {"start": "00:00:56", "end": "00:01:00", "text": "meaningfully and simple way. And I want"}, {"start": "00:00:58", "end": "00:01:01", "text": "to start with Bitcoin because right now"}, {"start": "00:01:00", "end": "00:01:03", "text": "we have some crazy things going on on"}, {"start": "00:01:01", "end": "00:01:05", "text": "Bitcoin in terms of structure. We were"}, {"start": "00:01:03", "end": "00:01:07", "text": "kind of tracking this channel that"}, {"start": "00:01:05", "end": "00:01:08", "text": "Bitcoin has been in on the daily. We got"}, {"start": "00:01:07", "end": "00:01:10", "text": "the fake breakout to the downside, a"}, {"start": "00:01:08", "end": "00:01:12", "text": "pull back into the channel, and now"}, {"start": "00:01:10", "end": "00:01:13", "text": "we're kind of testing this lower trend"}, {"start": "00:01:12", "end": "00:01:15", "text": "line. But there's something more, I"}, {"start": "00:01:13", "end": "00:01:16", "text": "would say, clear if we zoom in on the"}, {"start": "00:01:15", "end": "00:01:18", "text": "charts a little bit. And I really do"}, {"start": "00:01:16", "end": "00:01:20", "text": "want to talk about this because what you"}, {"start": "00:01:18", "end": "00:01:23", "text": "see here is a 4hour chart. I'm going to"}, {"start": "00:01:20", "end": "00:01:26", "text": "show you in like 30 seconds why what you"}, {"start": "00:01:23", "end": "00:01:28", "text": "see here. We're going to visualize it on"}, {"start": "00:01:26", "end": "00:01:30", "text": "a weekly chart. Why this moment is so"}, {"start": "00:01:28", "end": "00:01:33", "text": "critical for crypto. This is a potential"}, {"start": "00:01:30", "end": "00:01:35", "text": "inverse head and shoulder setup, right?"}, {"start": "00:01:33", "end": "00:01:36", "text": "That's the structure that's playing out."}, {"start": "00:01:35", "end": "00:01:38", "text": "The question is, do we get a"}, {"start": "00:01:36", "end": "00:01:40", "text": "confirmation, a right shoulder to bring"}, {"start": "00:01:38", "end": "00:01:42", "text": "us to the neckline? But that is just the"}, {"start": "00:01:40", "end": "00:01:46", "text": "thing because this is not just your"}, {"start": "00:01:42", "end": "00:01:49", "text": "everyday regular neckline right here."}, {"start": "00:01:46", "end": "00:01:52", "text": "This entire region that Bitcoin kind of"}, {"start": "00:01:49", "end": "00:01:54", "text": "keeps failing at here that if you go"}, {"start": "00:01:52", "end": "00:01:56", "text": "over here, let me let me change this to"}, {"start": "00:01:54", "end": "00:01:58", "text": "a weekly chart. That's a 4hour chart,"}, {"start": "00:01:56", "end": "00:02:01", "text": "4hour structure. But what we're"}, {"start": "00:01:58", "end": "00:02:04", "text": "contending with right now is macro cycle"}, {"start": "00:02:01", "end": "00:02:06", "text": "style resistance, this 50week moving"}, {"start": "00:02:04", "end": "00:02:08", "text": "average. So that 4hour chart very zoomed"}, {"start": "00:02:06", "end": "00:02:10", "text": "in. We're wondering what will happen."}, {"start": "00:02:08", "end": "00:02:12", "text": "Look at this. Bitcoin is right here at"}, {"start": "00:02:10", "end": "00:02:14", "text": "this weekly chart, this 50week moving"}, {"start": "00:02:12", "end": "00:02:16", "text": "average. And you might be like, well,"}, {"start": "00:02:14", "end": "00:02:19", "text": "Bitcoin, it's a it's kind of above it"}, {"start": "00:02:16", "end": "00:02:22", "text": "for me. This is you can see this last"}, {"start": "00:02:19", "end": "00:02:26", "text": "weekly close, right? This just happened."}, {"start": "00:02:22", "end": "00:02:29", "text": "That is not that is not very convincing"}, {"start": "00:02:26", "end": "00:02:32", "text": "to me. What I like to see is an escape"}, {"start": "00:02:29", "end": "00:02:33", "text": "and a separation of this. I would like"}, {"start": "00:02:32", "end": "00:02:34", "text": "to see Bitcoin. It's going to be very"}, {"start": "00:02:33", "end": "00:02:37", "text": "interesting and fun. Not only just the"}, {"start": "00:02:34", "end": "00:02:38", "text": "next seven days, the next 14 days"}, {"start": "00:02:37", "end": "00:02:41", "text": "because what happens leading into"}, {"start": "00:02:38", "end": "00:02:43", "text": "clarity and then after into the clarity"}, {"start": "00:02:41", "end": "00:02:46", "text": "act vote and then after it's like what"}, {"start": "00:02:43", "end": "00:02:49", "text": "the 15th is closure the the vote, right?"}, {"start": "00:02:46", "end": "00:02:51", "text": "So what is price action going to do but"}, {"start": "00:02:49", "end": "00:02:54", "text": "I want to see separation but it's all"}, {"start": "00:02:51", "end": "00:02:55", "text": "kind of coming together on the 4hour"}, {"start": "00:02:54", "end": "00:02:58", "text": "chart and we're going to get a sense. I"}, {"start": "00:02:55", "end": "00:03:00", "text": "mean this might fail. We have to be very"}, {"start": "00:02:58", "end": "00:03:02", "text": "very careful for a pullback. If we go to"}, {"start": "00:03:00", "end": "00:03:04", "text": "Bitcoin back on the weekly chart, let me"}, {"start": "00:03:02", "end": "00:03:06", "text": "just demonstrate this for you. If this"}, {"start": "00:03:04", "end": "00:03:08", "text": "fails, and it is a very normal thing if"}, {"start": "00:03:06", "end": "00:03:10", "text": "it does, I I want to just underline that"}, {"start": "00:03:08", "end": "00:03:14", "text": "by saying even if it fails and we dip"}, {"start": "00:03:10", "end": "00:03:16", "text": "back to the 60s, we are in a cycle shift"}, {"start": "00:03:14", "end": "00:03:17", "text": "from bare market into bull market. As"}, {"start": "00:03:16", "end": "00:03:19", "text": "far as I see these charts, that's all it"}, {"start": "00:03:17", "end": "00:03:21", "text": "is. It's just it's just how I'm seeing"}, {"start": "00:03:19", "end": "00:03:23", "text": "things. But we have this potential"}, {"start": "00:03:21", "end": "00:03:24", "text": "inverse head and shoulders over here in"}, {"start": "00:03:23", "end": "00:03:26", "text": "play. We're coming back down. Maybe"}, {"start": "00:03:24", "end": "00:03:29", "text": "we're testing the 200week moving average"}, {"start": "00:03:26", "end": "00:03:31", "text": "in the 60s again. Bears are celebrating."}, {"start": "00:03:29", "end": "00:03:33", "text": "There's nothing to celebrate really. If"}, {"start": "00:03:31", "end": "00:03:35", "text": "you're a bear or a bull, the only thing"}, {"start": "00:03:33", "end": "00:03:37", "text": "there is to do is prepare in this range."}, {"start": "00:03:35", "end": "00:03:39", "text": "We are in accumulation range. I've"}, {"start": "00:03:37", "end": "00:03:41", "text": "talked about it non-stop. We're in a"}, {"start": "00:03:39", "end": "00:03:43", "text": "lower risk range, a way lower risk"}, {"start": "00:03:41", "end": "00:03:46", "text": "range. That is the only thing to do is"}, {"start": "00:03:43", "end": "00:03:47", "text": "is to is to prepare and accumulate."}, {"start": "00:03:46", "end": "00:03:49", "text": "Manage your risk. Figure out what your"}, {"start": "00:03:47", "end": "00:03:51", "text": "own risk tolerance is. But this is"}, {"start": "00:03:49", "end": "00:03:53", "text": "what's going on here on the weekly"}, {"start": "00:03:51", "end": "00:03:55", "text": "chart. And so there's a story playing"}, {"start": "00:03:53", "end": "00:03:57", "text": "out both on the cycle weekly chart, but"}, {"start": "00:03:55", "end": "00:03:59", "text": "as well as a 4hour chart. And that"}, {"start": "00:03:57", "end": "00:04:02", "text": "becomes exciting to me. And what I want"}, {"start": "00:03:59", "end": "00:04:04", "text": "to mention though is kind of getting"}, {"start": "00:04:02", "end": "00:04:06", "text": "away from Bitcoin, but at the same time"}, {"start": "00:04:04", "end": "00:04:08", "text": "keeping in mind the resistance and this"}, {"start": "00:04:06", "end": "00:04:10", "text": "this grappling that Bitcoin is at right"}, {"start": "00:04:08", "end": "00:04:12", "text": "now. I want to go over here and I want"}, {"start": "00:04:10", "end": "00:04:14", "text": "to look at the total crypto market cap."}, {"start": "00:04:12", "end": "00:04:16", "text": "We are approaching the special moment."}, {"start": "00:04:14", "end": "00:04:17", "text": "It's very simple. It's the technical"}, {"start": "00:04:16", "end": "00:04:20", "text": "level. That's why I said doesn't matter"}, {"start": "00:04:17", "end": "00:04:22", "text": "if you think four cycle, business cycle,"}, {"start": "00:04:20", "end": "00:04:25", "text": "it doesn't matter. When Bitcoin or not"}, {"start": "00:04:22", "end": "00:04:28", "text": "Bitcoin, when this chart breaks this"}, {"start": "00:04:25", "end": "00:04:30", "text": "green line, the 20-month moving average,"}, {"start": "00:04:28", "end": "00:04:34", "text": "it's just bullish. I mean, just look at"}, {"start": "00:04:30", "end": "00:04:37", "text": "it. This this indicates bull moves, bull"}, {"start": "00:04:34", "end": "00:04:39", "text": "markets right here. Right here, right?"}, {"start": "00:04:37", "end": "00:04:41", "text": "Right here. And here's what's exciting"}, {"start": "00:04:39", "end": "00:04:43", "text": "to me, and we're really going to start"}, {"start": "00:04:41", "end": "00:04:44", "text": "dissecting this now. This move was"}, {"start": "00:04:43", "end": "00:04:47", "text": "bullish. That wasn't even the bull"}, {"start": "00:04:44", "end": "00:04:50", "text": "market, right? This was a bull market to"}, {"start": "00:04:47", "end": "00:04:53", "text": "me, defined as a bull market. We had"}, {"start": "00:04:50", "end": "00:04:56", "text": "very nice just parabolic gains to new"}, {"start": "00:04:53", "end": "00:04:57", "text": "highs for all of crypto. We had the"}, {"start": "00:04:56", "end": "00:04:58", "text": "expansion of the business cycle because"}, {"start": "00:04:57", "end": "00:05:00", "text": "that's what this graph is at the bottom"}, {"start": "00:04:58", "end": "00:05:02", "text": "of the screen. This is incredibly"}, {"start": "00:05:00", "end": "00:05:04", "text": "meaningful to me. And it's the same in"}, {"start": "00:05:02", "end": "00:05:05", "text": "the 2020 cycle. Everything went to"}, {"start": "00:05:04", "end": "00:05:08", "text": "all-time highs. Expansion of the"}, {"start": "00:05:05", "end": "00:05:09", "text": "business cycle. This the diff the"}, {"start": "00:05:08", "end": "00:05:11", "text": "difference is not everything went to"}, {"start": "00:05:09", "end": "00:05:13", "text": "all-time highs this time. But notice"}, {"start": "00:05:11", "end": "00:05:15", "text": "there was no expansion of the business"}, {"start": "00:05:13", "end": "00:05:17", "text": "cycle. Guess what? We are having"}, {"start": "00:05:15", "end": "00:05:20", "text": "expansion of the business cycle now."}, {"start": "00:05:17", "end": "00:05:22", "text": "similar to the 2020 bull as well as back"}, {"start": "00:05:20", "end": "00:05:24", "text": "here in the 2016 and 2017 bull. That's"}, {"start": "00:05:22", "end": "00:05:26", "text": "where we are right now. And it becomes"}, {"start": "00:05:24", "end": "00:05:29", "text": "even more exciting when you start going"}, {"start": "00:05:26", "end": "00:05:33", "text": "to look at the the uh the altcoin"}, {"start": "00:05:29", "end": "00:05:36", "text": "dominance excluding the top 10 because I"}, {"start": "00:05:33", "end": "00:05:38", "text": "said we're at this kind of 2000 and uh"}, {"start": "00:05:36", "end": "00:05:41", "text": "20 April 2020 moment is because look at"}, {"start": "00:05:38", "end": "00:05:43", "text": "this. We have the 20-month moving"}, {"start": "00:05:41", "end": "00:05:46", "text": "average being broken right now. So"}, {"start": "00:05:43", "end": "00:05:48", "text": "interesting to me is since quantitative"}, {"start": "00:05:46", "end": "00:05:51", "text": "tightening ended at this line in"}, {"start": "00:05:48", "end": "00:05:55", "text": "December 2025, this chart has trended"}, {"start": "00:05:51", "end": "00:05:57", "text": "up. Last cycle, well July 2019 when QT"}, {"start": "00:05:55", "end": "00:06:01", "text": "ended, this chart altcoin dominance"}, {"start": "00:05:57", "end": "00:06:03", "text": "started trending up. And what was this"}, {"start": "00:06:01", "end": "00:06:05", "text": "is it was a pivot out of contraction"}, {"start": "00:06:03", "end": "00:06:08", "text": "into expansion of this business cycle"}, {"start": "00:06:05", "end": "00:06:10", "text": "that you see here. The the economic"}, {"start": "00:06:08", "end": "00:06:12", "text": "expansion that the US kind of went"}, {"start": "00:06:10", "end": "00:06:15", "text": "through. And so this is exactly what's"}, {"start": "00:06:12", "end": "00:06:17", "text": "happening right now. We have the QT"}, {"start": "00:06:15", "end": "00:06:19", "text": "ending, altcoin dominance trending"}, {"start": "00:06:17", "end": "00:06:21", "text": "upwards. And we have a shift out of"}, {"start": "00:06:19", "end": "00:06:24", "text": "contraction now into expansion for the"}, {"start": "00:06:21", "end": "00:06:25", "text": "first time in like 5 to 6 years,"}, {"start": "00:06:24", "end": "00:06:27", "text": "everybody. And you know what's happening"}, {"start": "00:06:25", "end": "00:06:28", "text": "at this 20-month moving average right"}, {"start": "00:06:27", "end": "00:06:31", "text": "now? And we can compare it to back here"}, {"start": "00:06:28", "end": "00:06:36", "text": "because it yeah, it looks the same, but"}, {"start": "00:06:31", "end": "00:06:37", "text": "this April 2020 area, May 2020 area, you"}, {"start": "00:06:36", "end": "00:06:39", "text": "know what was happening back then? Let"}, {"start": "00:06:37", "end": "00:06:42", "text": "me go to the Bitcoin daily chart. We've"}, {"start": "00:06:39", "end": "00:06:44", "text": "noted the 50-day moving average getting"}, {"start": "00:06:42", "end": "00:06:47", "text": "ready to make its way above that red"}, {"start": "00:06:44", "end": "00:06:48", "text": "line. That is the 200 day moving"}, {"start": "00:06:47", "end": "00:06:51", "text": "average. Well, you know what was"}, {"start": "00:06:48", "end": "00:06:53", "text": "happening back here in May, April of"}, {"start": "00:06:51", "end": "00:06:55", "text": "2020 when altcoin dominance was getting"}, {"start": "00:06:53", "end": "00:06:57", "text": "ready to explode into its bull market."}, {"start": "00:06:55", "end": "00:07:00", "text": "Check it out. May 2020, there it is. The"}, {"start": "00:06:57", "end": "00:07:01", "text": "50-day moving above the 200 day moving"}, {"start": "00:07:00", "end": "00:07:04", "text": "average. We have an incredible"}, {"start": "00:07:01", "end": "00:07:07", "text": "confluence of things coming together"}, {"start": "00:07:04", "end": "00:07:09", "text": "that it's not clickbait. It's not hype."}, {"start": "00:07:07", "end": "00:07:12", "text": "as I present this data to you within"}, {"start": "00:07:09", "end": "00:07:14", "text": "like 10 minutes. This is not something"}, {"start": "00:07:12", "end": "00:07:16", "text": "that happens like every six months or"}, {"start": "00:07:14", "end": "00:07:18", "text": "something. The last time that we've had"}, {"start": "00:07:16", "end": "00:07:22", "text": "these events line up in this manner is"}, {"start": "00:07:18", "end": "00:07:26", "text": "literally back here in May of 2020,"}, {"start": "00:07:22", "end": "00:07:27", "text": "April of 2020. And it all is kind of"}, {"start": "00:07:26", "end": "00:07:30", "text": "playing out right now in real time. We"}, {"start": "00:07:27", "end": "00:07:32", "text": "have to prepare for volatility, prepare"}, {"start": "00:07:30", "end": "00:07:34", "text": "for pullbacks and dips. And you know,"}, {"start": "00:07:32", "end": "00:07:37", "text": "Bitcoin and crypto could fall, but it"}, {"start": "00:07:34", "end": "00:07:40", "text": "doesn't change the fact that I really"}, {"start": "00:07:37", "end": "00:07:43", "text": "think we are in a massive and beautiful"}, {"start": "00:07:40", "end": "00:07:47", "text": "cycle shift out of a very, very, very"}, {"start": "00:07:43", "end": "00:07:49", "text": "long winter into a bull summer. Don't"}, {"start": "00:07:47", "end": "00:07:50", "text": "care what you call it, but these are my"}, {"start": "00:07:49", "end": "00:07:52", "text": "thoughts. I wanted to kind of bring it"}, {"start": "00:07:50", "end": "00:07:54", "text": "to you. I wanted to take the zoomed out"}, {"start": "00:07:52", "end": "00:07:55", "text": "as well as the zoomed in and kind of try"}, {"start": "00:07:54", "end": "00:07:56", "text": "and tell the story and pull it all"}, {"start": "00:07:55", "end": "00:07:58", "text": "together. So, I appreciate you. If you"}, {"start": "00:07:56", "end": "00:07:59", "text": "got any value from that, hit the"}, {"start": "00:07:58", "end": "00:08:01", "text": "subscribe. That means a ton to me. Hit"}, {"start": "00:07:59", "end": "00:08:02", "text": "the like button. That also helps the"}, {"start": "00:08:01", "end": "00:08:05", "text": "channel a I I will see you in the next"}, {"start": "00:08:02", "end": "00:08:05", "text": "video. God bless."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Total crypto market cap on the daily"}, {"start": "00:00:02", "end": "00:00:06", "text": "chart continues to tease everybody in"}, {"start": "00:00:05", "end": "00:00:07", "text": "the crypto space right now. Which"}, {"start": "00:00:06", "end": "00:00:09", "text": "direction are we going? Are we actually"}, {"start": "00:00:07", "end": "00:00:11", "text": "going to exit the bear? I mean, this is"}, {"start": "00:00:09", "end": "00:00:13", "text": "the moment because we are key kind of"}, {"start": "00:00:11", "end": "00:00:16", "text": "midterm resistance areas. Ethereum right"}, {"start": "00:00:13", "end": "00:00:18", "text": "now on the monthly testing its own bull"}, {"start": "00:00:16", "end": "00:00:20", "text": "market doors. That is the 20month and"}, {"start": "00:00:18", "end": "00:00:22", "text": "the 50-month moving average right there."}, {"start": "00:00:20", "end": "00:00:24", "text": "The green and the blue line. You might"}, {"start": "00:00:22", "end": "00:00:27", "text": "be like, Dan, this happened back here"}, {"start": "00:00:24", "end": "00:00:29", "text": "2023. It happened right here, you know,"}, {"start": "00:00:27", "end": "00:00:31", "text": "in 2025. That wasn't the start of the"}, {"start": "00:00:29", "end": "00:00:32", "text": "bull market. And you're right. And what"}, {"start": "00:00:31", "end": "00:00:34", "text": "makes that different now is not the"}, {"start": "00:00:32", "end": "00:00:36", "text": "four-year cycle. It is this the"}, {"start": "00:00:34", "end": "00:00:38", "text": "record-breaking contraction of the"}, {"start": "00:00:36", "end": "00:00:40", "text": "business cycle that we are just now"}, {"start": "00:00:38", "end": "00:00:42", "text": "coming out of. Similar to pretty much"}, {"start": "00:00:40", "end": "00:00:44", "text": "every other single bull market that has"}, {"start": "00:00:42", "end": "00:00:46", "text": "happened. So the bull market that we"}, {"start": "00:00:44", "end": "00:00:49", "text": "haven't had for 5 to six years, we are"}, {"start": "00:00:46", "end": "00:00:52", "text": "right now at this major major turning"}, {"start": "00:00:49", "end": "00:00:55", "text": "point. And that goes for Ethereum, for"}, {"start": "00:00:52", "end": "00:00:56", "text": "SUI, for Cardano, for Dog, for Midnight."}, {"start": "00:00:55", "end": "00:00:58", "text": "And these are the tokens that I want to"}, {"start": "00:00:56", "end": "00:01:00", "text": "go over in this video. We're going to do"}, {"start": "00:00:58", "end": "00:01:02", "text": "some kind of technical analysis, real"}, {"start": "00:01:00", "end": "00:01:04", "text": "price action stuff in this video. So,"}, {"start": "00:01:02", "end": "00:01:06", "text": "feel free to hit the timestamps if"}, {"start": "00:01:04", "end": "00:01:07", "text": "that's easier for you to any of these"}, {"start": "00:01:06", "end": "00:01:09", "text": "coins that you're interested in. But"}, {"start": "00:01:07", "end": "00:01:12", "text": "what I do want to do is I want to start"}, {"start": "00:01:09", "end": "00:01:14", "text": "with Bitcoin. Actually, there is the"}, {"start": "00:01:12", "end": "00:01:18", "text": "50week moving average resistance. When"}, {"start": "00:01:14", "end": "00:01:19", "text": "we think about man crypto if you I don't"}, {"start": "00:01:18", "end": "00:01:22", "text": "know if you can remember or not but"}, {"start": "00:01:19", "end": "00:01:26", "text": "crypto entering bull markets and in a"}, {"start": "00:01:22", "end": "00:01:29", "text": "bull market what it does typically is it"}, {"start": "00:01:26", "end": "00:01:31", "text": "enters these ranges right and then just"}, {"start": "00:01:29", "end": "00:01:34", "text": "breaks out of the ranges and it does"}, {"start": "00:01:31", "end": "00:01:36", "text": "that on the way up and the patterns are"}, {"start": "00:01:34", "end": "00:01:38", "text": "different along the way right you can"}, {"start": "00:01:36", "end": "00:01:41", "text": "look at symmetrical triangles maybe it's"}, {"start": "00:01:38", "end": "00:01:43", "text": "a a a higher high higher low channel"}, {"start": "00:01:41", "end": "00:01:44", "text": "maybe it's a falling wedge but we get"}, {"start": "00:01:43", "end": "00:01:46", "text": "into these pattern patterns and then"}, {"start": "00:01:44", "end": "00:01:48", "text": "boom it's higher and then boom it's"}, {"start": "00:01:46", "end": "00:01:51", "text": "higher and it's what bull markets are"}, {"start": "00:01:48", "end": "00:01:53", "text": "made of right and so as we are here"}, {"start": "00:01:51", "end": "00:01:56", "text": "we're getting a similar feel in terms of"}, {"start": "00:01:53", "end": "00:01:58", "text": "man this consolidation is one of those"}, {"start": "00:01:56", "end": "00:02:02", "text": "things but we should not be so quick to"}, {"start": "00:01:58", "end": "00:02:03", "text": "think cuz crypto is bullish I am so"}, {"start": "00:02:02", "end": "00:02:06", "text": "bullish on crypto everybody but we"}, {"start": "00:02:03", "end": "00:02:08", "text": "should not be so quick to think the move"}, {"start": "00:02:06", "end": "00:02:10", "text": "would be this one and the reason is and"}, {"start": "00:02:08", "end": "00:02:12", "text": "this is why we should use caution is"}, {"start": "00:02:10", "end": "00:02:15", "text": "because of Bitcoin right now at this"}, {"start": "00:02:12", "end": "00:02:20", "text": "50we moving average. If you notice,"}, {"start": "00:02:15", "end": "00:02:23", "text": "Bitcoin last real bull market, it broke"}, {"start": "00:02:20", "end": "00:02:26", "text": "above this 50 uh 50week moving average"}, {"start": "00:02:23", "end": "00:02:29", "text": "right here like April May 2020 and"}, {"start": "00:02:26", "end": "00:02:30", "text": "that's when those higher higher low the"}, {"start": "00:02:29", "end": "00:02:32", "text": "consolidation patterns and then we're"}, {"start": "00:02:30", "end": "00:02:36", "text": "going higher higher. That's when that"}, {"start": "00:02:32", "end": "00:02:37", "text": "momentum is is very strong. We need to"}, {"start": "00:02:36", "end": "00:02:40", "text": "see Bitcoin break the 50week moving"}, {"start": "00:02:37", "end": "00:02:42", "text": "average. So I can't zoom out on this"}, {"start": "00:02:40", "end": "00:02:44", "text": "chart on the total crypto market cap"}, {"start": "00:02:42", "end": "00:02:45", "text": "chart. I can't just sit here and be"}, {"start": "00:02:44", "end": "00:02:48", "text": "like, man, I'm bullish. We're breaking"}, {"start": "00:02:45", "end": "00:02:51", "text": "up. That is not"}, {"start": "00:02:48", "end": "00:02:52", "text": "like that is not"}, {"start": "00:02:51", "end": "00:02:54", "text": "guaranteed."}, {"start": "00:02:52", "end": "00:02:56", "text": "Certainly, it's not certain. And I would"}, {"start": "00:02:54", "end": "00:02:58", "text": "tell you one thing, there is a very"}, {"start": "00:02:56", "end": "00:02:59", "text": "strong possibility that it's the"}, {"start": "00:02:58", "end": "00:03:01", "text": "opposite at this moment. And that does"}, {"start": "00:02:59", "end": "00:03:03", "text": "not make anything bearish. Maybe in the"}, {"start": "00:03:01", "end": "00:03:04", "text": "short term, but what that looks like,"}, {"start": "00:03:03", "end": "00:03:06", "text": "and I can't ignore this inverse head and"}, {"start": "00:03:04", "end": "00:03:09", "text": "shoulders setting up at this moment"}, {"start": "00:03:06", "end": "00:03:10", "text": "because if we get this pullback on this"}, {"start": "00:03:09", "end": "00:03:12", "text": "total crypto market cap chart, we have"}, {"start": "00:03:10", "end": "00:03:15", "text": "this setup. It's very normal to get a"}, {"start": "00:03:12", "end": "00:03:16", "text": "throwback to the 200 and the 50-day"}, {"start": "00:03:15", "end": "00:03:18", "text": "moving averages at this moment after"}, {"start": "00:03:16", "end": "00:03:21", "text": "getting over extension. We might not get"}, {"start": "00:03:18", "end": "00:03:22", "text": "there. We might see the 20 pull in and"}, {"start": "00:03:21", "end": "00:03:24", "text": "then it actually does make a move to the"}, {"start": "00:03:22", "end": "00:03:25", "text": "upside. If that happens, everybody and"}, {"start": "00:03:24", "end": "00:03:28", "text": "Bitcoin's breaking this 50week moving"}, {"start": "00:03:25", "end": "00:03:30", "text": "average and we're breaking into the 80s"}, {"start": "00:03:28", "end": "00:03:32", "text": "with strength,"}, {"start": "00:03:30", "end": "00:03:35", "text": "we have to very much pay attention now"}, {"start": "00:03:32", "end": "00:03:39", "text": "on the zoomed out from this perspective"}, {"start": "00:03:35", "end": "00:03:41", "text": "of really exiting a multi multi-year"}, {"start": "00:03:39", "end": "00:03:42", "text": "bare market for cryptos. And I want to"}, {"start": "00:03:41", "end": "00:03:44", "text": "start with Ethereum. I really kind of"}, {"start": "00:03:42", "end": "00:03:47", "text": "already laid the groundwork here on the"}, {"start": "00:03:44", "end": "00:03:50", "text": "Ethereum chart. And that is this."}, {"start": "00:03:47", "end": "00:03:52", "text": "If you look at the Ethereum chart, we"}, {"start": "00:03:50", "end": "00:03:54", "text": "are at this 20 and 50-month moving"}, {"start": "00:03:52", "end": "00:03:56", "text": "averages. This range, what's so"}, {"start": "00:03:54", "end": "00:04:00", "text": "meaningful, and I know I mentioned this"}, {"start": "00:03:56", "end": "00:04:03", "text": "is the the business cycle expansion."}, {"start": "00:04:00", "end": "00:04:05", "text": "Absolutely. Right. But it's also if you"}, {"start": "00:04:03", "end": "00:04:08", "text": "think about the quantitative tightening"}, {"start": "00:04:05", "end": "00:04:11", "text": "that I that ended in December 1st 2025"}, {"start": "00:04:08", "end": "00:04:14", "text": "we anticipated all year long kind of a"}, {"start": "00:04:11", "end": "00:04:15", "text": "dip a normalization phase it happened."}, {"start": "00:04:14", "end": "00:04:19", "text": "This is precisely what happened in July"}, {"start": "00:04:15", "end": "00:04:23", "text": "of 2019 when QT uh ended at the end of"}, {"start": "00:04:19", "end": "00:04:24", "text": "July of 2019 the post QT dip. So the"}, {"start": "00:04:23", "end": "00:04:25", "text": "reason I'm bringing that up is because"}, {"start": "00:04:24", "end": "00:04:28", "text": "yeah you know we did break the 20 and"}, {"start": "00:04:25", "end": "00:04:30", "text": "the 50month moving averages here. It led"}, {"start": "00:04:28", "end": "00:04:32", "text": "to a nice bull move. We broke it here."}, {"start": "00:04:30", "end": "00:04:35", "text": "It was a couple months of upside. It is"}, {"start": "00:04:32", "end": "00:04:38", "text": "so different right now. It is absolutely"}, {"start": "00:04:35", "end": "00:04:40", "text": "likened to back here the 20 and the 50"}, {"start": "00:04:38", "end": "00:04:42", "text": "basically. And you can see the 50 was"}, {"start": "00:04:40", "end": "00:04:44", "text": "like brand new at this moment. But 20"}, {"start": "00:04:42", "end": "00:04:46", "text": "and the 50 being broken as the QT"}, {"start": "00:04:44", "end": "00:04:47", "text": "normalization phase is over. We're"}, {"start": "00:04:46", "end": "00:04:49", "text": "coming out of normalization phase. We're"}, {"start": "00:04:47", "end": "00:04:51", "text": "going into expansion. Right now we're"}, {"start": "00:04:49", "end": "00:04:54", "text": "coming out of postQT normalization"}, {"start": "00:04:51", "end": "00:04:57", "text": "phase. We're going into expansion. This"}, {"start": "00:04:54", "end": "00:04:59", "text": "is a lineup of data that I just really"}, {"start": "00:04:57", "end": "00:05:01", "text": "enjoy seeing for the crypto space and"}, {"start": "00:04:59", "end": "00:05:05", "text": "for really the pivot out of a five to"}, {"start": "00:05:01", "end": "00:05:07", "text": "six year bare market into finally a bull"}, {"start": "00:05:05", "end": "00:05:09", "text": "market and that doesn't come without"}, {"start": "00:05:07", "end": "00:05:10", "text": "volatility and dips and it's in play"}, {"start": "00:05:09", "end": "00:05:14", "text": "right now. We're going to talk about"}, {"start": "00:05:10", "end": "00:05:16", "text": "that in this video. Here's"}, {"start": "00:05:14", "end": "00:05:18", "text": "I have I'm going to do I want to look at"}, {"start": "00:05:16", "end": "00:05:20", "text": "Cardano dog and midnight. These are"}, {"start": "00:05:18", "end": "00:05:21", "text": "these are just some of my favorite coins"}, {"start": "00:05:20", "end": "00:05:24", "text": "everybody. You might have your own, but"}, {"start": "00:05:21", "end": "00:05:26", "text": "I really the analysis I'm doing here is"}, {"start": "00:05:24", "end": "00:05:28", "text": "so applicable to really any of these"}, {"start": "00:05:26", "end": "00:05:30", "text": "charts. It's different because all of"}, {"start": "00:05:28", "end": "00:05:32", "text": "this structure and the setups are"}, {"start": "00:05:30", "end": "00:05:35", "text": "they're they operate and they the price"}, {"start": "00:05:32", "end": "00:05:37", "text": "action is different, but you'll get a"}, {"start": "00:05:35", "end": "00:05:40", "text": "sense for man, they're kind of they're"}, {"start": "00:05:37", "end": "00:05:43", "text": "kind of alike at the same time. For"}, {"start": "00:05:40", "end": "00:05:44", "text": "this new cycle, ignition Fibonacci, I"}, {"start": "00:05:43", "end": "00:05:46", "text": "wanted to bring up because the thing"}, {"start": "00:05:44", "end": "00:05:47", "text": "about SU that I really like is it's"}, {"start": "00:05:46", "end": "00:05:49", "text": "going to be its first bull market,"}, {"start": "00:05:47", "end": "00:05:52", "text": "right? I think it is. It's just so"}, {"start": "00:05:49", "end": "00:05:54", "text": "reset. It's so undervalued."}, {"start": "00:05:52", "end": "00:05:56", "text": "But I just noticed the consolidation of"}, {"start": "00:05:54", "end": "00:05:59", "text": "these bottoms has a certain feel to it,"}, {"start": "00:05:56", "end": "00:06:00", "text": "right? So far, and you know, I don't"}, {"start": "00:05:59", "end": "00:06:04", "text": "know what the consistency of that will"}, {"start": "00:06:00", "end": "00:06:06", "text": "look like, but it has kind of a certain"}, {"start": "00:06:04", "end": "00:06:08", "text": "feel to it. And I want to bring out a"}, {"start": "00:06:06", "end": "00:06:11", "text": "Fibonacci. And"}, {"start": "00:06:08", "end": "00:06:13", "text": "I brought out the Fibonacci and I I"}, {"start": "00:06:11", "end": "00:06:15", "text": "started placing it at these areas,"}, {"start": "00:06:13", "end": "00:06:19", "text": "right? And what I noticed is this. It's"}, {"start": "00:06:15", "end": "00:06:22", "text": "a very odd area, but it's a 236."}, {"start": "00:06:19", "end": "00:06:24", "text": "It's a it's it's this entry or I would"}, {"start": "00:06:22", "end": "00:06:29", "text": "say as I see it on this chart, a"}, {"start": "00:06:24", "end": "00:06:32", "text": "confirmation of an actual successful"}, {"start": "00:06:29", "end": "00:06:34", "text": "pivot out of something. It's the 236 on"}, {"start": "00:06:32", "end": "00:06:37", "text": "this chart. And so we can place it from"}, {"start": "00:06:34", "end": "00:06:40", "text": "that swing high to this swing low. We"}, {"start": "00:06:37", "end": "00:06:43", "text": "can take it again and place it from this"}, {"start": "00:06:40", "end": "00:06:46", "text": "swing high to this swing low. And you"}, {"start": "00:06:43", "end": "00:06:48", "text": "see it even contends with let me zoom in"}, {"start": "00:06:46", "end": "00:06:51", "text": "a little bit. Sweet kind of contends"}, {"start": "00:06:48", "end": "00:06:52", "text": "with that area. And then finally when it"}, {"start": "00:06:51", "end": "00:06:54", "text": "breaks above it's it's a certain type of"}, {"start": "00:06:52", "end": "00:06:57", "text": "special for this chart. Here it is"}, {"start": "00:06:54", "end": "00:07:00", "text": "contending with the area certain type of"}, {"start": "00:06:57", "end": "00:07:02", "text": "special. Now what makes that special is"}, {"start": "00:07:00", "end": "00:07:05", "text": "when we think about it in terms of if we"}, {"start": "00:07:02", "end": "00:07:08", "text": "take this Fibonacci right from this high"}, {"start": "00:07:05", "end": "00:07:11", "text": "here to here what makes it special"}, {"start": "00:07:08", "end": "00:07:13", "text": "similar to Ethereum in all these charts"}, {"start": "00:07:11", "end": "00:07:14", "text": "when we think about the business cycle"}, {"start": "00:07:13", "end": "00:07:18", "text": "it's not going to come up on this chart"}, {"start": "00:07:14", "end": "00:07:20", "text": "we've not had an expansion cycle uh"}, {"start": "00:07:18", "end": "00:07:22", "text": "coincide with SUI yet this will be SU's"}, {"start": "00:07:20", "end": "00:07:23", "text": "first if the business cycle really is"}, {"start": "00:07:22", "end": "00:07:26", "text": "going into this powerful economic"}, {"start": "00:07:23", "end": "00:07:30", "text": "expansion that's what makes it exciting"}, {"start": "00:07:26", "end": "00:07:32", "text": "and So I know it sounds like a lot but"}, {"start": "00:07:30", "end": "00:07:36", "text": "SWE it's bull market doors we can call"}, {"start": "00:07:32", "end": "00:07:37", "text": "them at this 236 area this line on the"}, {"start": "00:07:36", "end": "00:07:40", "text": "Fibonacci and you can actually see we"}, {"start": "00:07:37", "end": "00:07:42", "text": "wicked right to that area back here this"}, {"start": "00:07:40", "end": "00:07:44", "text": "was that kind of fake out in May but"}, {"start": "00:07:42", "end": "00:07:47", "text": "it's that area it's a$150 that's that's"}, {"start": "00:07:44", "end": "00:07:50", "text": "like the starting point in my opinion"}, {"start": "00:07:47", "end": "00:07:52", "text": "for so how it gets there I don't know"}, {"start": "00:07:50", "end": "00:07:55", "text": "but it really is the process of getting"}, {"start": "00:07:52", "end": "00:07:57", "text": "there we're in a macro cycle shift we"}, {"start": "00:07:55", "end": "00:07:58", "text": "have to allow these things to take time."}, {"start": "00:07:57", "end": "00:08:03", "text": "I'm not saying SW's going to double and"}, {"start": "00:07:58", "end": "00:08:04", "text": "boom, we're at a A150 like in two weeks,"}, {"start": "00:08:03", "end": "00:08:07", "text": "but that's the area I'm watching. And"}, {"start": "00:08:04", "end": "00:08:08", "text": "that's not that can be a target to take"}, {"start": "00:08:07", "end": "00:08:10", "text": "profit. If you've been accumulating,"}, {"start": "00:08:08", "end": "00:08:11", "text": "please take profit. Please find your"}, {"start": "00:08:10", "end": "00:08:12", "text": "areas where you're like, dude, I don't"}, {"start": "00:08:11", "end": "00:08:14", "text": "care if it's not all time. I'm going to"}, {"start": "00:08:12", "end": "00:08:16", "text": "take profit. That's not financial"}, {"start": "00:08:14", "end": "00:08:18", "text": "advice. This is how I see it. But I'm"}, {"start": "00:08:16", "end": "00:08:21", "text": "just saying that's the starting point"}, {"start": "00:08:18", "end": "00:08:24", "text": "from a cycle perspective because when it"}, {"start": "00:08:21", "end": "00:08:26", "text": "breaks that area, the 236, you can see"}, {"start": "00:08:24", "end": "00:08:29", "text": "there's still a lot of upside in play."}, {"start": "00:08:26", "end": "00:08:32", "text": "And that I think is even more so true in"}, {"start": "00:08:29", "end": "00:08:34", "text": "a cycle of expansion, which this was not"}, {"start": "00:08:32", "end": "00:08:37", "text": "a cycle of expansion, everybody. That's"}, {"start": "00:08:34", "end": "00:08:41", "text": "what is so exciting. We was doing this"}, {"start": "00:08:37", "end": "00:08:44", "text": "in a cycle of liquidity extraction and"}, {"start": "00:08:41", "end": "00:08:45", "text": "business cycle uh contraction."}, {"start": "00:08:44", "end": "00:08:48", "text": "That's we're in a completely different"}, {"start": "00:08:45", "end": "00:08:50", "text": "zone right now. So that's why if you see"}, {"start": "00:08:48", "end": "00:08:52", "text": "that I'm bullish all this time as it's"}, {"start": "00:08:50", "end": "00:08:53", "text": "just terrible, it's just because that's"}, {"start": "00:08:52", "end": "00:08:56", "text": "how I'm looking at these markets. It's"}, {"start": "00:08:53", "end": "00:08:58", "text": "just different I think than probably a"}, {"start": "00:08:56", "end": "00:09:01", "text": "lot of people. But it's a very zoomed"}, {"start": "00:08:58", "end": "00:09:03", "text": "out. It's a very macro look at these"}, {"start": "00:09:01", "end": "00:09:05", "text": "markets. And and for me, I'm just like I"}, {"start": "00:09:03", "end": "00:09:07", "text": "don't like waiting around. I don't I"}, {"start": "00:09:05", "end": "00:09:09", "text": "don't like it, but I have to learn"}, {"start": "00:09:07", "end": "00:09:11", "text": "patience in these markets for these"}, {"start": "00:09:09", "end": "00:09:13", "text": "types of plays. So that sway in the bull"}, {"start": "00:09:11", "end": "00:09:15", "text": "market door is around a$150. Cardano. I"}, {"start": "00:09:13", "end": "00:09:16", "text": "wanted to look at Cardano because even"}, {"start": "00:09:15", "end": "00:09:18", "text": "in terms of price action right now,"}, {"start": "00:09:16", "end": "00:09:21", "text": "interestingly enough, you can see I I"}, {"start": "00:09:18", "end": "00:09:24", "text": "did this post. This was what uh few days"}, {"start": "00:09:21", "end": "00:09:28", "text": "a couple days ago. This range 23 to to"}, {"start": "00:09:24", "end": "00:09:30", "text": "like 21 to 23 cents or so. Um a very big"}, {"start": "00:09:28", "end": "00:09:32", "text": "area. And if you go look at the Cardano"}, {"start": "00:09:30", "end": "00:09:35", "text": "charts right now, this is precisely"}, {"start": "00:09:32", "end": "00:09:36", "text": "where Cardano is. This is a weekly"}, {"start": "00:09:35", "end": "00:09:38", "text": "chart. We'll come back to the weekly in"}, {"start": "00:09:36", "end": "00:09:40", "text": "just a moment, but on the daily chart,"}, {"start": "00:09:38", "end": "00:09:42", "text": "you can just see there is Cardano. It"}, {"start": "00:09:40", "end": "00:09:44", "text": "made the move to that area. And look at"}, {"start": "00:09:42", "end": "00:09:46", "text": "the resistance. It's it's almost"}, {"start": "00:09:44", "end": "00:09:48", "text": "immediate resistance. There's so much"}, {"start": "00:09:46", "end": "00:09:50", "text": "resistance on Cardano right now. And so"}, {"start": "00:09:48", "end": "00:09:53", "text": "on the short term, if you're a Cardano"}, {"start": "00:09:50", "end": "00:09:55", "text": "holder, you know, I would just prepare"}, {"start": "00:09:53", "end": "00:09:58", "text": "for continued resistance. There it is,"}, {"start": "00:09:55", "end": "00:10:00", "text": "the 200 day moving average. We are at"}, {"start": "00:09:58", "end": "00:10:02", "text": "this range of the 200 day, this upper"}, {"start": "00:10:00", "end": "00:10:04", "text": "trend line here."}, {"start": "00:10:02", "end": "00:10:06", "text": "We could just we could come back down,"}, {"start": "00:10:04", "end": "00:10:07", "text": "right? Sub 20 cents. Be prepared for"}, {"start": "00:10:06", "end": "00:10:10", "text": "that. But at the same time, from an"}, {"start": "00:10:07", "end": "00:10:13", "text": "exciting standpoint, if Cardono starts"}, {"start": "00:10:10", "end": "00:10:15", "text": "breaking out to the upside, I don't know"}, {"start": "00:10:13", "end": "00:10:17", "text": "that I don't know what the week before"}, {"start": "00:10:15", "end": "00:10:20", "text": "Clarity Act is going to be like. I I I"}, {"start": "00:10:17", "end": "00:10:21", "text": "do I have this feeling. I'm not my"}, {"start": "00:10:20", "end": "00:10:23", "text": "feelings. I'm not even going to talk"}, {"start": "00:10:21", "end": "00:10:26", "text": "about my feelings. It just wouldn't be"}, {"start": "00:10:23", "end": "00:10:28", "text": "surprising if it's just a, you know, a"}, {"start": "00:10:26", "end": "00:10:30", "text": "red week going into clarity. It's maybe"}, {"start": "00:10:28", "end": "00:10:32", "text": "some clarity FUD. It's not going to"}, {"start": "00:10:30", "end": "00:10:33", "text": "pass. Everybody's down and bearish. I"}, {"start": "00:10:32", "end": "00:10:35", "text": "don't know. But it could be completely"}, {"start": "00:10:33", "end": "00:10:36", "text": "opposite. Maybe it's maybe it's a"}, {"start": "00:10:35", "end": "00:10:38", "text": "breakout. So, with that being said, I"}, {"start": "00:10:36", "end": "00:10:40", "text": "want to go to the weekly on Cardano"}, {"start": "00:10:38", "end": "00:10:42", "text": "because if we go to the weekly, you"}, {"start": "00:10:40", "end": "00:10:44", "text": "know, the the chart, the setup, the"}, {"start": "00:10:42", "end": "00:10:46", "text": "areas, they're all so different for all"}, {"start": "00:10:44", "end": "00:10:47", "text": "these charts. This the one thing that is"}, {"start": "00:10:46", "end": "00:10:50", "text": "consistent is where we are in the cycle"}, {"start": "00:10:47", "end": "00:10:53", "text": "and the business cycle. Um, but for"}, {"start": "00:10:50", "end": "00:10:54", "text": "Cordano, it really is the really the"}, {"start": "00:10:53", "end": "00:10:56", "text": "only thing that I'd care about for"}, {"start": "00:10:54", "end": "00:10:59", "text": "Cardano is this 200 200 week moving"}, {"start": "00:10:56", "end": "00:11:01", "text": "average. It's a double. It's"}, {"start": "00:10:59", "end": "00:11:04", "text": "interesting. Squeeze bull market doors."}, {"start": "00:11:01", "end": "00:11:08", "text": "It's a double, right? going where it is"}, {"start": "00:11:04", "end": "00:11:11", "text": "now to a$150 is like a d a 2x. Cardano"}, {"start": "00:11:08", "end": "00:11:14", "text": "to its 200 week moving average is like a"}, {"start": "00:11:11", "end": "00:11:16", "text": "2x. Interestingly enough, they're just"}, {"start": "00:11:14", "end": "00:11:18", "text": "different. They're they're different"}, {"start": "00:11:16", "end": "00:11:21", "text": "technical indicators that I'm looking"}, {"start": "00:11:18", "end": "00:11:23", "text": "for, but it's the 200 week moving"}, {"start": "00:11:21", "end": "00:11:26", "text": "average, but it's not just the 200 week."}, {"start": "00:11:23", "end": "00:11:29", "text": "It's Cardano finally seeing support"}, {"start": "00:11:26", "end": "00:11:31", "text": "above the 200E moving average. That's"}, {"start": "00:11:29", "end": "00:11:33", "text": "what we want to see because if you"}, {"start": "00:11:31", "end": "00:11:36", "text": "notice Cardono did break above the 200"}, {"start": "00:11:33", "end": "00:11:38", "text": "week back here, it never saw support."}, {"start": "00:11:36", "end": "00:11:39", "text": "Every time it came back to test it and"}, {"start": "00:11:38", "end": "00:11:42", "text": "yeah, it hopped back above it real quick"}, {"start": "00:11:39", "end": "00:11:45", "text": "briefly. It just always failed support"}, {"start": "00:11:42", "end": "00:11:48", "text": "at the 200 week. And then back here was"}, {"start": "00:11:45", "end": "00:11:50", "text": "resistance. Resistance. The 200 week is"}, {"start": "00:11:48", "end": "00:11:52", "text": "like literally this the best and easiest"}, {"start": "00:11:50", "end": "00:11:53", "text": "and simplest, especially if you don't"}, {"start": "00:11:52", "end": "00:11:56", "text": "want to take all these crazy data"}, {"start": "00:11:53", "end": "00:11:58", "text": "points. The simplest"}, {"start": "00:11:56", "end": "00:12:01", "text": "indicator to look at the starting point"}, {"start": "00:11:58", "end": "00:12:02", "text": "for Cardano is back to 40 cents. And"}, {"start": "00:12:01", "end": "00:12:05", "text": "then when it gets there, breaks through"}, {"start": "00:12:02", "end": "00:12:07", "text": "and above and see s support above,"}, {"start": "00:12:05", "end": "00:12:09", "text": "that's a game changer for Cardano charts"}, {"start": "00:12:07", "end": "00:12:11", "text": "and for Cardano cycles. And I'm saying"}, {"start": "00:12:09", "end": "00:12:14", "text": "that after a five to six year bare"}, {"start": "00:12:11", "end": "00:12:17", "text": "cycle, that is record-breaking business"}, {"start": "00:12:14", "end": "00:12:19", "text": "cycle contraction. And I know I repeat"}, {"start": "00:12:17", "end": "00:12:22", "text": "myself all the time. That's just because"}, {"start": "00:12:19", "end": "00:12:25", "text": "I want to just make it very very clear"}, {"start": "00:12:22", "end": "00:12:29", "text": "that so much of my macro analysis hinges"}, {"start": "00:12:25", "end": "00:12:31", "text": "on that data because every other asset"}, {"start": "00:12:29", "end": "00:12:34", "text": "class is connected to liquidity and"}, {"start": "00:12:31", "end": "00:12:36", "text": "business cycles. There is no reason in"}, {"start": "00:12:34", "end": "00:12:38", "text": "my mind that crypto and Bitcoin would"}, {"start": "00:12:36", "end": "00:12:40", "text": "just be like, \"Nope, don't care about"}, {"start": "00:12:38", "end": "00:12:42", "text": "that. I only care about the four-year"}, {"start": "00:12:40", "end": "00:12:44", "text": "cycle.\" It's completely unrealistic to"}, {"start": "00:12:42", "end": "00:12:47", "text": "me and that's a very unpopular opinion."}, {"start": "00:12:44", "end": "00:12:49", "text": "I want to cover dog. I I I I'm going to"}, {"start": "00:12:47", "end": "00:12:51", "text": "start covering dog. I know there's a lot"}, {"start": "00:12:49", "end": "00:12:53", "text": "of people don't like meme coins. This is"}, {"start": "00:12:51", "end": "00:12:55", "text": "not even a memecoin to me, everybody."}, {"start": "00:12:53", "end": "00:12:58", "text": "This is a fundamental"}, {"start": "00:12:55", "end": "00:13:00", "text": "value play. Uh it's I would say one of"}, {"start": "00:12:58", "end": "00:13:02", "text": "the strongest of the cycle. Sounds"}, {"start": "00:13:00", "end": "00:13:04", "text": "crazy. I did a video on this a couple"}, {"start": "00:13:02", "end": "00:13:06", "text": "weeks ago if you're interested to really"}, {"start": "00:13:04", "end": "00:13:10", "text": "learn why, but I'm going to start"}, {"start": "00:13:06", "end": "00:13:13", "text": "covering it because it is a huge, huge"}, {"start": "00:13:10", "end": "00:13:15", "text": "part of my portfolio. And I know that's"}, {"start": "00:13:13", "end": "00:13:16", "text": "risky. don't do what I do, but I'm"}, {"start": "00:13:15", "end": "00:13:18", "text": "sharing with you my crypto journey and"}, {"start": "00:13:16", "end": "00:13:21", "text": "what I am doing. Don't go buy Dog,"}, {"start": "00:13:18", "end": "00:13:24", "text": "right? Because of me. Here's Dog on the"}, {"start": "00:13:21", "end": "00:13:28", "text": "daily consolidating as well. Just had"}, {"start": "00:13:24", "end": "00:13:31", "text": "like a 100% move. I my my a friend of"}, {"start": "00:13:28", "end": "00:13:33", "text": "mine is he wants to buy Dog and I I"}, {"start": "00:13:31", "end": "00:13:35", "text": "basically told him like, I think you'll"}, {"start": "00:13:33", "end": "00:13:37", "text": "have a buy a buy opportunity down here."}, {"start": "00:13:35", "end": "00:13:40", "text": "I just really do. And so that's a huge"}, {"start": "00:13:37", "end": "00:13:41", "text": "dip for this chart. These are ranges."}, {"start": "00:13:40", "end": "00:13:46", "text": "It's not really the purpose of of of"}, {"start": "00:13:41", "end": "00:13:49", "text": "this video. But when thinking about dog,"}, {"start": "00:13:46", "end": "00:13:51", "text": "this 236 spot similar to SUI is an"}, {"start": "00:13:49", "end": "00:13:54", "text": "interesting one for me. Um, you can even"}, {"start": "00:13:51", "end": "00:13:57", "text": "notice dog kind of uh well I you can't"}, {"start": "00:13:54", "end": "00:13:59", "text": "chart that resistance, but right right"}, {"start": "00:13:57", "end": "00:14:03", "text": "in this zone where there was resistance"}, {"start": "00:13:59", "end": "00:14:06", "text": "is that 236 line. And for me on these"}, {"start": "00:14:03", "end": "00:14:11", "text": "newer charts, I like to have some type"}, {"start": "00:14:06", "end": "00:14:13", "text": "of like cycle shift, cycle pivot line"}, {"start": "00:14:11", "end": "00:14:15", "text": "when there's not like cycles worth of"}, {"start": "00:14:13", "end": "00:14:17", "text": "data. Do you know what I'm saying? And"}, {"start": "00:14:15", "end": "00:14:19", "text": "so that's why I think for SU it really"}, {"start": "00:14:17", "end": "00:14:21", "text": "works well um because of its previous"}, {"start": "00:14:19", "end": "00:14:24", "text": "consolidations. But for dog, it does as"}, {"start": "00:14:21", "end": "00:14:26", "text": "well. If I take the uh Fibonacci maybe"}, {"start": "00:14:24", "end": "00:14:29", "text": "from this swing high back here, right"}, {"start": "00:14:26", "end": "00:14:31", "text": "when it launched to the swing low, it's"}, {"start": "00:14:29", "end": "00:14:35", "text": "a similar type of thing, right? It's"}, {"start": "00:14:31", "end": "00:14:37", "text": "contending with this 236 line, grappling"}, {"start": "00:14:35", "end": "00:14:40", "text": "with it, seeing support, testing it, and"}, {"start": "00:14:37", "end": "00:14:43", "text": "then boom, breakout. It's very similar,"}, {"start": "00:14:40", "end": "00:14:45", "text": "but on a larger scale."}, {"start": "00:14:43", "end": "00:14:47", "text": "All of this, this thing has not even"}, {"start": "00:14:45", "end": "00:14:49", "text": "really been tested yet to 236 line. And"}, {"start": "00:14:47", "end": "00:14:51", "text": "you know, for for dog, it's not that big"}, {"start": "00:14:49", "end": "00:14:54", "text": "of a move to get there. when it gets"}, {"start": "00:14:51", "end": "00:14:56", "text": "there and breaks above and then sees"}, {"start": "00:14:54", "end": "00:14:59", "text": "support above maybe it takes a couple"}, {"start": "00:14:56", "end": "00:15:01", "text": "months I don't know I just think the"}, {"start": "00:14:59", "end": "00:15:04", "text": "velocity in which dog will make its way"}, {"start": "00:15:01", "end": "00:15:06", "text": "to a billion dollar market cap which for"}, {"start": "00:15:04", "end": "00:15:08", "text": "me is a starting line for the cycle by"}, {"start": "00:15:06", "end": "00:15:09", "text": "the way I know this is the starting line"}, {"start": "00:15:08", "end": "00:15:13", "text": "kind of from a technical analysis"}, {"start": "00:15:09", "end": "00:15:14", "text": "perspective the 236 but this is the"}, {"start": "00:15:13", "end": "00:15:17", "text": "billion dollar market cap is the"}, {"start": "00:15:14", "end": "00:15:18", "text": "starting line I mean it hit that I think"}, {"start": "00:15:17", "end": "00:15:20", "text": "it hit a billion dollar just under a"}, {"start": "00:15:18", "end": "00:15:21", "text": "billion dollars without any tier one"}, {"start": "00:15:20", "end": "00:15:23", "text": "listings"}, {"start": "00:15:21", "end": "00:15:25", "text": "Um, I think the listings will come. We"}, {"start": "00:15:23", "end": "00:15:27", "text": "have Kraken on board and we have an"}, {"start": "00:15:25", "end": "00:15:30", "text": "entire crypto industry that has not"}, {"start": "00:15:27", "end": "00:15:31", "text": "woken up to what Dog is yet. Um, so I"}, {"start": "00:15:30", "end": "00:15:34", "text": "think the move will be explosive for"}, {"start": "00:15:31", "end": "00:15:36", "text": "Dog, but this is the cycle shift area"}, {"start": "00:15:34", "end": "00:15:39", "text": "that I'm watching for. And in terms of"}, {"start": "00:15:36", "end": "00:15:42", "text": "uh the upside of that to even get there,"}, {"start": "00:15:39", "end": "00:15:44", "text": "we're looking at from now 44% move. I'm"}, {"start": "00:15:42", "end": "00:15:47", "text": "fully aware everybody as I'm doing these"}, {"start": "00:15:44", "end": "00:15:48", "text": "this analysis. Dog might consolidate to"}, {"start": "00:15:47", "end": "00:15:50", "text": "this range where I'm telling my buddy,"}, {"start": "00:15:48", "end": "00:15:53", "text": "hey, you know, wait for that area to"}, {"start": "00:15:50", "end": "00:15:55", "text": "buy. That's 41%. We're going the"}, {"start": "00:15:53", "end": "00:15:57", "text": "opposite direction of even entering the"}, {"start": "00:15:55", "end": "00:16:00", "text": "bull market doors for dog. I realize"}, {"start": "00:15:57", "end": "00:16:02", "text": "that that just is what it is. You know,"}, {"start": "00:16:00", "end": "00:16:04", "text": "this isn't"}, {"start": "00:16:02", "end": "00:16:06", "text": "this isn't supposed to work on our clock"}, {"start": "00:16:04", "end": "00:16:08", "text": "here. Um, but we wait for these"}, {"start": "00:16:06", "end": "00:16:09", "text": "confirmation areas and that's what it"}, {"start": "00:16:08", "end": "00:16:11", "text": "looks like on dog. And then midnight."}, {"start": "00:16:09", "end": "00:16:13", "text": "I'm going to start covering midnight a"}, {"start": "00:16:11", "end": "00:16:15", "text": "lot, everybody. Um, I still have to do"}, {"start": "00:16:13", "end": "00:16:18", "text": "this video about Cardano at midnight."}, {"start": "00:16:15", "end": "00:16:19", "text": "This big uh"}, {"start": "00:16:18", "end": "00:16:21", "text": "this big question, you know, am I"}, {"start": "00:16:19", "end": "00:16:23", "text": "bearish on Cardano now? And it's kind of"}, {"start": "00:16:21", "end": "00:16:25", "text": "like not at all. I know I've mentioned"}, {"start": "00:16:23", "end": "00:16:27", "text": "this, but I will say I'm I'm just way"}, {"start": "00:16:25", "end": "00:16:29", "text": "more bullish on Midnight. And so for me"}, {"start": "00:16:27", "end": "00:16:31", "text": "in my portfolio, that means something."}, {"start": "00:16:29", "end": "00:16:34", "text": "And so I'm going to I'm going to"}, {"start": "00:16:31", "end": "00:16:36", "text": "absolutely start covering Midnight a lot"}, {"start": "00:16:34", "end": "00:16:38", "text": "more. But with that comes Cardano"}, {"start": "00:16:36", "end": "00:16:40", "text": "analysis as well because Cardano is so"}, {"start": "00:16:38", "end": "00:16:42", "text": "meaningful to the Midnight story. And if"}, {"start": "00:16:40", "end": "00:16:44", "text": "I wasn't bullish on Cardano, would not"}, {"start": "00:16:42", "end": "00:16:46", "text": "be bullish on midnight, I don't think."}, {"start": "00:16:44", "end": "00:16:48", "text": "Maybe I would, but probably not nearly"}, {"start": "00:16:46", "end": "00:16:49", "text": "as bullish. Here's midnight, though. I"}, {"start": "00:16:48", "end": "00:16:51", "text": "want to talk about midnight from a"}, {"start": "00:16:49", "end": "00:16:53", "text": "little different perspective. The chart"}, {"start": "00:16:51", "end": "00:16:55", "text": "offers nothing from a macro perspective,"}, {"start": "00:16:53", "end": "00:16:57", "text": "a cycle perspective. We can look at the"}, {"start": "00:16:55", "end": "00:17:00", "text": "200 week in a similar sense. Um, it's"}, {"start": "00:16:57", "end": "00:17:02", "text": "it's important. It's, you know, it's key"}, {"start": "00:17:00", "end": "00:17:04", "text": "or I'm sorry, the 200 day, not the 200"}, {"start": "00:17:02", "end": "00:17:06", "text": "week. But what I did want to bring up in"}, {"start": "00:17:04", "end": "00:17:08", "text": "this in the midnight uh analysis was"}, {"start": "00:17:06", "end": "00:17:12", "text": "kind of where midnight is right now. And"}, {"start": "00:17:08", "end": "00:17:15", "text": "that is if you look at this kind of uh"}, {"start": "00:17:12", "end": "00:17:18", "text": "move that midnight made out of this"}, {"start": "00:17:15", "end": "00:17:21", "text": "insane capitulation in July to the"}, {"start": "00:17:18", "end": "00:17:23", "text": "little swing high. You can see this"}, {"start": "00:17:21", "end": "00:17:26", "text": "retest of the Fibonacci boom"}, {"start": "00:17:23", "end": "00:17:30", "text": "consolidates upwards. Interestingly"}, {"start": "00:17:26", "end": "00:17:33", "text": "enough, if we look at the previous swing"}, {"start": "00:17:30", "end": "00:17:34", "text": "low to now swing high, I just I want to"}, {"start": "00:17:33", "end": "00:17:36", "text": "point this out to you. Especially if you"}, {"start": "00:17:34", "end": "00:17:39", "text": "hold night, there's potential for a"}, {"start": "00:17:36", "end": "00:17:40", "text": "pullback to this Fibonacci."}, {"start": "00:17:39", "end": "00:17:42", "text": "These moves will be ugly because it's"}, {"start": "00:17:40", "end": "00:17:44", "text": "just like come on, we want to be in a"}, {"start": "00:17:42", "end": "00:17:46", "text": "bull market environment, but this is 13"}, {"start": "00:17:44", "end": "00:17:50", "text": "18%. And the question will be, will that"}, {"start": "00:17:46", "end": "00:17:52", "text": "support hold if that happens? Now, what"}, {"start": "00:17:50", "end": "00:17:57", "text": "would be exciting, especially because"}, {"start": "00:17:52", "end": "00:17:58", "text": "Knight is now testing this previous um"}, {"start": "00:17:57", "end": "00:18:00", "text": "this previous resistance that it just"}, {"start": "00:17:58", "end": "00:18:03", "text": "hit, you know, towards the end of"}, {"start": "00:18:00", "end": "00:18:05", "text": "August. If if if midnight actually"}, {"start": "00:18:03", "end": "00:18:06", "text": "starts breaking out of that range that"}, {"start": "00:18:05", "end": "00:18:08", "text": "becomes exciting because now we're"}, {"start": "00:18:06", "end": "00:18:10", "text": "talking about a higher high right and"}, {"start": "00:18:08", "end": "00:18:13", "text": "then the journey to the 200 day a very"}, {"start": "00:18:10", "end": "00:18:16", "text": "key macro area I would say for midnight"}, {"start": "00:18:13", "end": "00:18:18", "text": "uh 3 to 4 cents it be it starts becoming"}, {"start": "00:18:16", "end": "00:18:20", "text": "very much in play and really that first"}, {"start": "00:18:18", "end": "00:18:22", "text": "target it's kind of the target now but"}, {"start": "00:18:20", "end": "00:18:23", "text": "we kind of have to escape this range"}, {"start": "00:18:22", "end": "00:18:25", "text": "that we're in ever since this"}, {"start": "00:18:23", "end": "00:18:27", "text": "capitulation this is the range down here"}, {"start": "00:18:25", "end": "00:18:29", "text": "we need to see midnight break that break"}, {"start": "00:18:27", "end": "00:18:31", "text": "out of that a first hint of that would"}, {"start": "00:18:29", "end": "00:18:33", "text": "be breaking out of this resistance range"}, {"start": "00:18:31", "end": "00:18:36", "text": "that it's literally at right now uh at"}, {"start": "00:18:33", "end": "00:18:39", "text": "the lower two cent range. So that's"}, {"start": "00:18:36", "end": "00:18:40", "text": "midnight. Um I wanted to do analysis on"}, {"start": "00:18:39", "end": "00:18:42", "text": "all these coins. I wanted to try and"}, {"start": "00:18:40", "end": "00:18:45", "text": "maybe look at shortterm but really tell"}, {"start": "00:18:42", "end": "00:18:46", "text": "the macro story more importantly. So"}, {"start": "00:18:45", "end": "00:18:47", "text": "hopefully you got some value out of"}, {"start": "00:18:46", "end": "00:18:48", "text": "this. Let me know your thoughts in the"}, {"start": "00:18:47", "end": "00:18:50", "text": "comments below. If you're not a"}, {"start": "00:18:48", "end": "00:18:51", "text": "subscriber, please subscribe. I really"}, {"start": "00:18:50", "end": "00:18:53", "text": "appreciate all of your support out"}, {"start": "00:18:51", "end": "00:18:56", "text": "there. I'll see you in the next video."}, {"start": "00:18:53", "end": "00:18:56", "text": "God bless."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "the move, the the setup for the move,"}, {"start": "00:00:02", "end": "00:00:08", "text": "everybody, the explosive move for"}, {"start": "00:00:04", "end": "00:00:11", "text": "altcoins to do the move that they did in"}, {"start": "00:00:08", "end": "00:00:13", "text": "the 2020 uh bull market entry to do the"}, {"start": "00:00:11", "end": "00:00:15", "text": "move they did in the 2016 bull market"}, {"start": "00:00:13", "end": "00:00:18", "text": "entry. The setup is here illustrated"}, {"start": "00:00:15", "end": "00:00:20", "text": "very well on not only the Bitcoin weekly"}, {"start": "00:00:18", "end": "00:00:22", "text": "chart at the 50week moving average, but"}, {"start": "00:00:20", "end": "00:00:23", "text": "also this Bitcoin daily chart as we have"}, {"start": "00:00:22", "end": "00:00:25", "text": "this busted pattern in play we just"}, {"start": "00:00:23", "end": "00:00:28", "text": "talked about yesterday. The setup is"}, {"start": "00:00:25", "end": "00:00:29", "text": "there, but we have to absolutely be very"}, {"start": "00:00:28", "end": "00:00:31", "text": "careful on the short term because this"}, {"start": "00:00:29", "end": "00:00:34", "text": "could be an absolute fake out higher"}, {"start": "00:00:31", "end": "00:00:36", "text": "high with a bearish divergence setting"}, {"start": "00:00:34", "end": "00:00:38", "text": "up. And then Bitcoin price breakout"}, {"start": "00:00:36", "end": "00:00:39", "text": "right now on the daily chart. A busted"}, {"start": "00:00:38", "end": "00:00:43", "text": "pattern. We talked about it in"}, {"start": "00:00:39", "end": "00:00:45", "text": "yesterday's video now very much in play."}, {"start": "00:00:43", "end": "00:00:47", "text": "Not yet confirmed in terms of the actual"}, {"start": "00:00:45", "end": "00:00:49", "text": "breakout, but this is a Bitcoin chart on"}, {"start": "00:00:47", "end": "00:00:52", "text": "the daily approaching $81,000. It's"}, {"start": "00:00:49", "end": "00:00:54", "text": "Bitcoin on the monthly. You see this"}, {"start": "00:00:52", "end": "00:00:56", "text": "20-month moving average? I cannot even"}, {"start": "00:00:54", "end": "00:00:58", "text": "begin to explain how big of a deal that"}, {"start": "00:00:56", "end": "00:01:01", "text": "area is on this Bitcoin chart. And I'm"}, {"start": "00:00:58", "end": "00:01:03", "text": "talking about not as a short-term thing."}, {"start": "00:01:01", "end": "00:01:06", "text": "I'm talking about a macro thing. This"}, {"start": "00:01:03", "end": "00:01:09", "text": "PMI, the business cycle, the US economy"}, {"start": "00:01:06", "end": "00:01:11", "text": "expanding, contracting, expanding over"}, {"start": "00:01:09", "end": "00:01:14", "text": "the years into bull cycles and bare"}, {"start": "00:01:11", "end": "00:01:17", "text": "cycles. Right now, after record-breaking"}, {"start": "00:01:14", "end": "00:01:18", "text": "contraction of the PMI, Bitcoin"}, {"start": "00:01:17", "end": "00:01:21", "text": "approaching this 20-month moving"}, {"start": "00:01:18", "end": "00:01:24", "text": "average, it is massive for Bitcoin. We"}, {"start": "00:01:21", "end": "00:01:26", "text": "are going to look at Bitcoin, altcoins"}, {"start": "00:01:24", "end": "00:01:29", "text": "like Sweet, Cardano, and Midnight in"}, {"start": "00:01:26", "end": "00:01:31", "text": "this video. It is the altcoin pressure"}, {"start": "00:01:29", "end": "00:01:33", "text": "cooker on this chart that I want to"}, {"start": "00:01:31", "end": "00:01:34", "text": "start with. This is altcoin total crypto"}, {"start": "00:01:33", "end": "00:01:36", "text": "market cap chart. If you're a macro"}, {"start": "00:01:34", "end": "00:01:38", "text": "value investor in the crypto space,"}, {"start": "00:01:36", "end": "00:01:40", "text": "please hit subscribe right now for the"}, {"start": "00:01:38", "end": "00:01:44", "text": "very best crypto technical analysis and"}, {"start": "00:01:40", "end": "00:01:46", "text": "news on YouTube and X. This is a chart"}, {"start": "00:01:44", "end": "00:01:47", "text": "that I posted yesterday. It's just the"}, {"start": "00:01:46", "end": "00:01:48", "text": "altcoin market cap chart. I want to"}, {"start": "00:01:47", "end": "00:01:50", "text": "start here and then we're going to"}, {"start": "00:01:48", "end": "00:01:51", "text": "dissect the price action of Bitcoin and"}, {"start": "00:01:50", "end": "00:01:53", "text": "these other altcoins. Crypto is such a"}, {"start": "00:01:51", "end": "00:01:56", "text": "pressure cooker. I know I've been saying"}, {"start": "00:01:53", "end": "00:01:58", "text": "it for 5 years because look at it and I"}, {"start": "00:01:56", "end": "00:01:59", "text": "know I have everybody. I know I know you"}, {"start": "00:01:58", "end": "00:02:01", "text": "probably been seeing the same thing."}, {"start": "00:01:59", "end": "00:02:03", "text": "It's a pressure cooker. It's such a"}, {"start": "00:02:01", "end": "00:02:05", "text": "clickbait thing but it just it is what"}, {"start": "00:02:03", "end": "00:02:06", "text": "it is to me. That's why I'm so invested"}, {"start": "00:02:05", "end": "00:02:08", "text": "in the crypto space because I think it"}, {"start": "00:02:06", "end": "00:02:11", "text": "is a pressure cooker. A hund a $1"}, {"start": "00:02:08", "end": "00:02:13", "text": "trillion altcoin market uh squeeze"}, {"start": "00:02:11", "end": "00:02:17", "text": "sideways. Think about this for half a"}, {"start": "00:02:13", "end": "00:02:20", "text": "decade. It wants to explode. Expansion"}, {"start": "00:02:17", "end": "00:02:22", "text": "is coming. This is the chart. What I"}, {"start": "00:02:20", "end": "00:02:23", "text": "want to point out to you is similar to"}, {"start": "00:02:22", "end": "00:02:25", "text": "what we're about to look at on Bitcoin."}, {"start": "00:02:23", "end": "00:02:27", "text": "This 20month moving average right here."}, {"start": "00:02:25", "end": "00:02:29", "text": "This is a monthly chart, everybody. This"}, {"start": "00:02:27", "end": "00:02:30", "text": "chart is approaching that area. We've"}, {"start": "00:02:29", "end": "00:02:33", "text": "not broken above it. But what I want to"}, {"start": "00:02:30", "end": "00:02:36", "text": "point out to you on the altcoin chart is"}, {"start": "00:02:33", "end": "00:02:37", "text": "this entire 5-year consolidation. And by"}, {"start": "00:02:36", "end": "00:02:40", "text": "the way, this red box here on this chart"}, {"start": "00:02:37", "end": "00:02:42", "text": "is quantitative tightening."}, {"start": "00:02:40", "end": "00:02:46", "text": "Altcoins just survived that. That just"}, {"start": "00:02:42", "end": "00:02:48", "text": "ended. But this entire move right"}, {"start": "00:02:46", "end": "00:02:51", "text": "there's no bull market in there in in"}, {"start": "00:02:48", "end": "00:02:54", "text": "terms of my opinion the macro cycle bull"}, {"start": "00:02:51", "end": "00:02:57", "text": "market it will happen when we get this"}, {"start": "00:02:54", "end": "00:02:59", "text": "very nice economic expansion of this PMI"}, {"start": "00:02:57", "end": "00:03:01", "text": "at the bottom of the chart. So this move"}, {"start": "00:02:59", "end": "00:03:03", "text": "that you see here that was a nice move"}, {"start": "00:03:01", "end": "00:03:04", "text": "from lows. Obviously on the altcoin"}, {"start": "00:03:03", "end": "00:03:07", "text": "market cap chart we tested the previous"}, {"start": "00:03:04", "end": "00:03:09", "text": "cycle high. That's not the bull market"}, {"start": "00:03:07", "end": "00:03:11", "text": "in my opinion. This is what I think is"}, {"start": "00:03:09", "end": "00:03:13", "text": "setting up right now. And so the reason"}, {"start": "00:03:11", "end": "00:03:14", "text": "that's meaningful is because you can"}, {"start": "00:03:13", "end": "00:03:17", "text": "actually see we broke the 20-month"}, {"start": "00:03:14", "end": "00:03:19", "text": "moving average here. It didn't lead to"}, {"start": "00:03:17", "end": "00:03:21", "text": "the bull market, but it led to a bull"}, {"start": "00:03:19", "end": "00:03:23", "text": "move. And we broke the 20-month moving"}, {"start": "00:03:21", "end": "00:03:25", "text": "average back here. Now that led to a"}, {"start": "00:03:23", "end": "00:03:27", "text": "bull market. Notice where it was though."}, {"start": "00:03:25", "end": "00:03:30", "text": "It was right at the confluence of the"}, {"start": "00:03:27", "end": "00:03:32", "text": "pivot into economic expansion, which is"}, {"start": "00:03:30", "end": "00:03:34", "text": "now where we are right now. So we start"}, {"start": "00:03:32", "end": "00:03:37", "text": "to differentiate the data. We are in"}, {"start": "00:03:34", "end": "00:03:40", "text": "terms of right now more closely related"}, {"start": "00:03:37", "end": "00:03:42", "text": "to back here before the 2020 2021 bull"}, {"start": "00:03:40", "end": "00:03:45", "text": "market started. This was a nice move,"}, {"start": "00:03:42", "end": "00:03:47", "text": "but it wasn't the move. And so a lot of"}, {"start": "00:03:45", "end": "00:03:49", "text": "that hinges on the fact that right now"}, {"start": "00:03:47", "end": "00:03:51", "text": "we have economic expansion. So let me"}, {"start": "00:03:49", "end": "00:03:52", "text": "just show you something that is so"}, {"start": "00:03:51", "end": "00:03:54", "text": "critical to you if you're a crypto"}, {"start": "00:03:52", "end": "00:03:55", "text": "holder, if you're an altcoin holder."}, {"start": "00:03:54", "end": "00:03:58", "text": "This is to say as we approach this"}, {"start": "00:03:55", "end": "00:04:00", "text": "20-month moving average right now and"}, {"start": "00:03:58", "end": "00:04:04", "text": "the economy is beginning to expand right"}, {"start": "00:04:00", "end": "00:04:07", "text": "now. This is exactly likened to the"}, {"start": "00:04:04", "end": "00:04:10", "text": "expansion of the economy in 2020 which"}, {"start": "00:04:07", "end": "00:04:12", "text": "led to the bull market for altcoins"}, {"start": "00:04:10", "end": "00:04:15", "text": "breaking that 20-month moving average"}, {"start": "00:04:12", "end": "00:04:17", "text": "but also as altcoins broke this 20-month"}, {"start": "00:04:15", "end": "00:04:19", "text": "moving average in January of 2016"}, {"start": "00:04:17", "end": "00:04:22", "text": "leading into economic expansion at that"}, {"start": "00:04:19", "end": "00:04:24", "text": "moment. That is where we are right now."}, {"start": "00:04:22", "end": "00:04:27", "text": "If you are a crypto holder, that data,"}, {"start": "00:04:24", "end": "00:04:29", "text": "which is not presented very often,"}, {"start": "00:04:27", "end": "00:04:31", "text": "should excite you. And so that's"}, {"start": "00:04:29", "end": "00:04:33", "text": "altcoins. Now, it's a very similar setup"}, {"start": "00:04:31", "end": "00:04:34", "text": "for for Bitcoin. Bitcoin did break"}, {"start": "00:04:33", "end": "00:04:37", "text": "all-time high, as you know. But again,"}, {"start": "00:04:34", "end": "00:04:39", "text": "that was not the Bitcoin bull market in"}, {"start": "00:04:37", "end": "00:04:40", "text": "my opinion. This isn't this isn't fact."}, {"start": "00:04:39", "end": "00:04:42", "text": "This is just how I'm seeing these"}, {"start": "00:04:40", "end": "00:04:44", "text": "markets. I want you to know that"}, {"start": "00:04:42", "end": "00:04:47", "text": "everything is how I see things. That is"}, {"start": "00:04:44", "end": "00:04:49", "text": "it. It's not nothing is for certain. But"}, {"start": "00:04:47", "end": "00:04:50", "text": "this is Bitcoin breaking or not not"}, {"start": "00:04:49", "end": "00:04:53", "text": "breaking but approaching the 20-month"}, {"start": "00:04:50", "end": "00:04:54", "text": "moving average. So this is the move."}, {"start": "00:04:53", "end": "00:04:56", "text": "This is the macro move we're waiting"}, {"start": "00:04:54", "end": "00:04:57", "text": "for. Not just for Bitcoin but also the"}, {"start": "00:04:56", "end": "00:05:00", "text": "20-month moving average here. We might"}, {"start": "00:04:57", "end": "00:05:03", "text": "get rejected by the way. Okay. So we"}, {"start": "00:05:00", "end": "00:05:05", "text": "might be sideways for for months, a"}, {"start": "00:05:03", "end": "00:05:08", "text": "week, who knows? But same thing on"}, {"start": "00:05:05", "end": "00:05:09", "text": "Bitcoin. It's that macro area as we"}, {"start": "00:05:08", "end": "00:05:11", "text": "start dissecting these short-term charts"}, {"start": "00:05:09", "end": "00:05:14", "text": "that I'm watching. But this is becoming"}, {"start": "00:05:11", "end": "00:05:16", "text": "so critical because if these coins are"}, {"start": "00:05:14", "end": "00:05:17", "text": "approaching this 20-month moving"}, {"start": "00:05:16", "end": "00:05:20", "text": "average, you can see the gap is very"}, {"start": "00:05:17", "end": "00:05:22", "text": "small. So what happens on the short term"}, {"start": "00:05:20", "end": "00:05:25", "text": "is important. And so if we're looking at"}, {"start": "00:05:22", "end": "00:05:27", "text": "we can start at on the weekly chart on"}, {"start": "00:05:25", "end": "00:05:29", "text": "Bitcoin and start dissecting price"}, {"start": "00:05:27", "end": "00:05:30", "text": "action. Now this is Bitcoin on the"}, {"start": "00:05:29", "end": "00:05:33", "text": "weekly testing the 50week moving"}, {"start": "00:05:30", "end": "00:05:35", "text": "average. So on a shortterm uh basis, we"}, {"start": "00:05:33", "end": "00:05:38", "text": "can look at a more zoomed out chart, a"}, {"start": "00:05:35", "end": "00:05:41", "text": "weekly kind of together in the sense of"}, {"start": "00:05:38", "end": "00:05:44", "text": "we are at this 50we moving average"}, {"start": "00:05:41", "end": "00:05:46", "text": "$80,000. Can Bitcoin close this week"}, {"start": "00:05:44", "end": "00:05:48", "text": "above $80,000? That's 3 days, 9 hours"}, {"start": "00:05:46", "end": "00:05:50", "text": "left. So much can happen. We could get"}, {"start": "00:05:48", "end": "00:05:53", "text": "so massively rejected the week could end"}, {"start": "00:05:50", "end": "00:05:55", "text": "red and uh this could just be a very"}, {"start": "00:05:53", "end": "00:05:58", "text": "ugly candle of resistance at the 50week"}, {"start": "00:05:55", "end": "00:06:00", "text": "moving average. This has been the area"}, {"start": "00:05:58", "end": "00:06:01", "text": "everybody that everybody's watching. I"}, {"start": "00:06:00", "end": "00:06:03", "text": "mean, I think it was just, wasn't it"}, {"start": "00:06:01", "end": "00:06:04", "text": "just yesterday? This was a red candle."}, {"start": "00:06:03", "end": "00:06:06", "text": "It was looking like pretty ugly"}, {"start": "00:06:04", "end": "00:06:08", "text": "resistance on the weekly. This is not"}, {"start": "00:06:06", "end": "00:06:10", "text": "confirmed yet. We still have three days,"}, {"start": "00:06:08", "end": "00:06:13", "text": "nine hours left, but just look how quick"}, {"start": "00:06:10", "end": "00:06:15", "text": "things change. And right now, Bitcoin is"}, {"start": "00:06:13", "end": "00:06:17", "text": "up against the test, right? And so,"}, {"start": "00:06:15", "end": "00:06:18", "text": "we're going to watch how Bitcoin closes."}, {"start": "00:06:17", "end": "00:06:20", "text": "This becomes interesting now in the"}, {"start": "00:06:18", "end": "00:06:22", "text": "short term because of this move. Be very"}, {"start": "00:06:20", "end": "00:06:23", "text": "careful for resistance right now,"}, {"start": "00:06:22", "end": "00:06:26", "text": "everybody. I want to show a clip from"}, {"start": "00:06:23", "end": "00:06:28", "text": "yesterday real quick. Check this out."}, {"start": "00:06:26", "end": "00:06:29", "text": "This is what it looked like. Check it"}, {"start": "00:06:28", "end": "00:06:33", "text": "out. We're out of the channel. busted"}, {"start": "00:06:29", "end": "00:06:34", "text": "pattern. Boom. Game on for bulls. So,"}, {"start": "00:06:33", "end": "00:06:36", "text": "with that being said, it's one thing"}, {"start": "00:06:34", "end": "00:06:39", "text": "that I'm watching and this is something"}, {"start": "00:06:36", "end": "00:06:40", "text": "I mean we have either Bitcoin. It it"}, {"start": "00:06:39", "end": "00:06:42", "text": "could have a couple more days here of"}, {"start": "00:06:40", "end": "00:06:44", "text": "this range, but it has to be at this"}, {"start": "00:06:42", "end": "00:06:47", "text": "range. It can't go much lower, right,"}, {"start": "00:06:44", "end": "00:06:49", "text": "for this because it's not even a a big"}, {"start": "00:06:47", "end": "00:06:50", "text": "channel. It has to be in this range"}, {"start": "00:06:49", "end": "00:06:52", "text": "sideways and then boom, we're breaking"}, {"start": "00:06:50", "end": "00:06:54", "text": "back into the channel. That's the setup"}, {"start": "00:06:52", "end": "00:06:56", "text": "we were waiting for. Speculative setup,"}, {"start": "00:06:54", "end": "00:06:58", "text": "right? if we didn't break down to the"}, {"start": "00:06:56", "end": "00:07:02", "text": "targets and the speculative setup is"}, {"start": "00:06:58", "end": "00:07:03", "text": "this. It is a busted pattern which they"}, {"start": "00:07:02", "end": "00:07:07", "text": "happen often everybody and they can be a"}, {"start": "00:07:03", "end": "00:07:08", "text": "very telling sign of bull momentum. But"}, {"start": "00:07:07", "end": "00:07:11", "text": "what I want to say with with that is"}, {"start": "00:07:08", "end": "00:07:13", "text": "this. Just because Bitcoin broke back"}, {"start": "00:07:11", "end": "00:07:14", "text": "into this channel and it's way more"}, {"start": "00:07:13", "end": "00:07:16", "text": "clear on a 4 hour. This is a daily. It's"}, {"start": "00:07:14", "end": "00:07:18", "text": "a little ugly. We broke back into the"}, {"start": "00:07:16", "end": "00:07:20", "text": "channel does not mean man bull"}, {"start": "00:07:18", "end": "00:07:24", "text": "confirmation. What makes a bullish What"}, {"start": "00:07:20", "end": "00:07:25", "text": "makes a a busted pattern so bullish is"}, {"start": "00:07:24", "end": "00:07:27", "text": "yes, we get a fake breakout, we break"}, {"start": "00:07:25", "end": "00:07:28", "text": "back in, but we continue to upside and"}, {"start": "00:07:27", "end": "00:07:30", "text": "then we're breaking this resistance and"}, {"start": "00:07:28", "end": "00:07:33", "text": "we're actually hitting the target to the"}, {"start": "00:07:30", "end": "00:07:35", "text": "upside, right? So, we're like $90,000 or"}, {"start": "00:07:33", "end": "00:07:37", "text": "above in this move that you see here."}, {"start": "00:07:35", "end": "00:07:39", "text": "But all along all along the way,"}, {"start": "00:07:37", "end": "00:07:42", "text": "everybody, it is a very good idea to"}, {"start": "00:07:39", "end": "00:07:44", "text": "just anticipate resistance, right? So a"}, {"start": "00:07:42", "end": "00:07:46", "text": "very good thing to do would be say would"}, {"start": "00:07:44", "end": "00:07:49", "text": "be to say all the way up to this upper"}, {"start": "00:07:46", "end": "00:07:52", "text": "trend line around $83,000"}, {"start": "00:07:49", "end": "00:07:55", "text": "maybe even slightly below. So 82 $83,000"}, {"start": "00:07:52", "end": "00:07:57", "text": "be very careful for resistance. Um even"}, {"start": "00:07:55", "end": "00:07:58", "text": "at this moment be be very careful of"}, {"start": "00:07:57", "end": "00:08:00", "text": "resistance if Bitcoin can start"}, {"start": "00:07:58", "end": "00:08:02", "text": "approaching that area because if you"}, {"start": "00:08:00", "end": "00:08:05", "text": "actually open up the daily chart you can"}, {"start": "00:08:02", "end": "00:08:07", "text": "actually see if Bitcoin actually does"}, {"start": "00:08:05", "end": "00:08:10", "text": "manage to get into that range $83,000"}, {"start": "00:08:07", "end": "00:08:13", "text": "man we're about to break out. be careful"}, {"start": "00:08:10", "end": "00:08:15", "text": "because this could play out to be a"}, {"start": "00:08:13", "end": "00:08:17", "text": "bearish divergence. That could be the"}, {"start": "00:08:15", "end": "00:08:20", "text": "last higher high and then we're actually"}, {"start": "00:08:17", "end": "00:08:22", "text": "breaking down from that resistance. So,"}, {"start": "00:08:20", "end": "00:08:24", "text": "so much can change with within the"}, {"start": "00:08:22", "end": "00:08:27", "text": "matter of the next seven days. We could"}, {"start": "00:08:24", "end": "00:08:29", "text": "be back testing $70,000. And that is"}, {"start": "00:08:27", "end": "00:08:32", "text": "something to be critically aware of and"}, {"start": "00:08:29", "end": "00:08:34", "text": "careful of as we get green candles right"}, {"start": "00:08:32", "end": "00:08:37", "text": "now. And the same is true on all these"}, {"start": "00:08:34", "end": "00:08:40", "text": "charts. the move, the the setup for the"}, {"start": "00:08:37", "end": "00:08:43", "text": "move, everybody, the explosive move for"}, {"start": "00:08:40", "end": "00:08:46", "text": "altcoins to do the move that they did in"}, {"start": "00:08:43", "end": "00:08:48", "text": "the 2020 uh bull market entry to do the"}, {"start": "00:08:46", "end": "00:08:51", "text": "move they did in the 2016 bull market"}, {"start": "00:08:48", "end": "00:08:53", "text": "entry. The setup is here illustrated"}, {"start": "00:08:51", "end": "00:08:55", "text": "very well on not only the Bitcoin weekly"}, {"start": "00:08:53", "end": "00:08:57", "text": "chart at the 50week moving average, but"}, {"start": "00:08:55", "end": "00:08:59", "text": "also this Bitcoin daily chart as we have"}, {"start": "00:08:57", "end": "00:09:01", "text": "this busted pattern in play we just"}, {"start": "00:08:59", "end": "00:09:03", "text": "talked about yesterday. The setup is"}, {"start": "00:09:01", "end": "00:09:05", "text": "there, but we have to absolutely be very"}, {"start": "00:09:03", "end": "00:09:06", "text": "careful on the short term because this"}, {"start": "00:09:05", "end": "00:09:09", "text": "could be an absolute fake out higher"}, {"start": "00:09:06", "end": "00:09:12", "text": "high with a bearish divergence setting"}, {"start": "00:09:09", "end": "00:09:14", "text": "up and then we actually having an actual"}, {"start": "00:09:12", "end": "00:09:17", "text": "consolidation dip into the next week. Be"}, {"start": "00:09:14", "end": "00:09:18", "text": "careful of that. That's in play, too."}, {"start": "00:09:17", "end": "00:09:20", "text": "So, with that being said, I do want to"}, {"start": "00:09:18", "end": "00:09:22", "text": "go to SUI. So, and we're going to go"}, {"start": "00:09:20", "end": "00:09:24", "text": "through SUI, Cardano charts, and and"}, {"start": "00:09:22", "end": "00:09:26", "text": "midnight charts. These are just all very"}, {"start": "00:09:24", "end": "00:09:29", "text": "intriguing charts to me on my on my own"}, {"start": "00:09:26", "end": "00:09:31", "text": "altcoin journey and they're they're"}, {"start": "00:09:29", "end": "00:09:33", "text": "becoming exciting. When when SUI was"}, {"start": "00:09:31", "end": "00:09:34", "text": "breaking out, I showed a clip of this"}, {"start": "00:09:33", "end": "00:09:36", "text": "yesterday, but breaking here, we talked"}, {"start": "00:09:34", "end": "00:09:38", "text": "about it, man. They're just they're just"}, {"start": "00:09:36", "end": "00:09:39", "text": "liquidating shorts, then they're going"}, {"start": "00:09:38", "end": "00:09:41", "text": "to liquidate longs and bring it back"}, {"start": "00:09:39", "end": "00:09:43", "text": "down. They did it interestingly enough."}, {"start": "00:09:41", "end": "00:09:45", "text": "And keep this in mind for Cardano"}, {"start": "00:09:43", "end": "00:09:47", "text": "content or Cardano charts. The structure"}, {"start": "00:09:45", "end": "00:09:49", "text": "on Cardano and Sui are different, which"}, {"start": "00:09:47", "end": "00:09:51", "text": "is and midm midnight. But it's it's cool"}, {"start": "00:09:49", "end": "00:09:53", "text": "to see that, right? They're not moving"}, {"start": "00:09:51", "end": "00:09:55", "text": "like"}, {"start": "00:09:53", "end": "00:09:56", "text": "exactly the same. They both have their"}, {"start": "00:09:55", "end": "00:09:59", "text": "own structure. And right now for SU,"}, {"start": "00:09:56", "end": "00:10:01", "text": "what I'm watching is in this move."}, {"start": "00:09:59", "end": "00:10:03", "text": "Obviously, the 200 day moving average is"}, {"start": "00:10:01", "end": "00:10:06", "text": "is really the only thing that matters."}, {"start": "00:10:03", "end": "00:10:08", "text": "Can SUI make the move to it and above"}, {"start": "00:10:06", "end": "00:10:10", "text": "it? I mean, this has been the story."}, {"start": "00:10:08", "end": "00:10:12", "text": "It's been rejection time and time again"}, {"start": "00:10:10", "end": "00:10:14", "text": "for not just SU, but just crypto in"}, {"start": "00:10:12", "end": "00:10:17", "text": "general. It seems we want that flip"}, {"start": "00:10:14", "end": "00:10:19", "text": "right above that that macro area, that"}, {"start": "00:10:17", "end": "00:10:22", "text": "red line, the 200 day. Can we make the"}, {"start": "00:10:19", "end": "00:10:24", "text": "move to that area? Interestingly enough,"}, {"start": "00:10:22", "end": "00:10:26", "text": "we made the breakout of this pattern"}, {"start": "00:10:24", "end": "00:10:29", "text": "resistance at the 200 day back to the"}, {"start": "00:10:26", "end": "00:10:32", "text": "apex area, upper trend line area. Notice"}, {"start": "00:10:29", "end": "00:10:34", "text": "the confluence of these moving averages,"}, {"start": "00:10:32", "end": "00:10:36", "text": "the 20 and the 50 right there and the"}, {"start": "00:10:34", "end": "00:10:39", "text": "upper trend line. Huge confluent support"}, {"start": "00:10:36", "end": "00:10:41", "text": "area. Su kind of bounced out of it and"}, {"start": "00:10:39", "end": "00:10:43", "text": "now it's kind of just like what's the"}, {"start": "00:10:41", "end": "00:10:47", "text": "next move? Is it going to be a some type"}, {"start": "00:10:43", "end": "00:10:48", "text": "of pattern all in here now? Um, is it"}, {"start": "00:10:47", "end": "00:10:51", "text": "going to actually test the 200 day"}, {"start": "00:10:48", "end": "00:10:53", "text": "moving average? The only price that I'm"}, {"start": "00:10:51", "end": "00:10:56", "text": "looking at for SWU is 85 cents. Can SU"}, {"start": "00:10:53", "end": "00:10:59", "text": "make a move to 85 cents? If it starts"}, {"start": "00:10:56", "end": "00:11:01", "text": "falling, I'll probably start maybe I I I"}, {"start": "00:10:59", "end": "00:11:03", "text": "don't even know. I feel like at this"}, {"start": "00:11:01", "end": "00:11:05", "text": "point for all coins, the only thing I'm"}, {"start": "00:11:03", "end": "00:11:07", "text": "interested in right now is either start"}, {"start": "00:11:05", "end": "00:11:11", "text": "the bull or absolutely capitulate and I"}, {"start": "00:11:07", "end": "00:11:14", "text": "do a mass buy. I canceled my um or I"}, {"start": "00:11:11", "end": "00:11:16", "text": "stopped my DCA. it stopped in Coinbase"}, {"start": "00:11:14", "end": "00:11:17", "text": "uh for now because I'm just I'm just"}, {"start": "00:11:16", "end": "00:11:20", "text": "trying to dissect what what's happening"}, {"start": "00:11:17", "end": "00:11:21", "text": "here on the shorter term and so that's"}, {"start": "00:11:20", "end": "00:11:24", "text": "what I'll be waiting for. All coins"}, {"start": "00:11:21", "end": "00:11:26", "text": "either capitulate good area to probably"}, {"start": "00:11:24", "end": "00:11:29", "text": "accumulate or we're just we're off to"}, {"start": "00:11:26", "end": "00:11:31", "text": "the races and I'm ready for that. So"}, {"start": "00:11:29", "end": "00:11:33", "text": "with that being said though, 85 cents on"}, {"start": "00:11:31", "end": "00:11:35", "text": "SUI. What happens? Is it more"}, {"start": "00:11:33", "end": "00:11:37", "text": "resistance? Do we get an explosive move"}, {"start": "00:11:35", "end": "00:11:38", "text": "above? And then to the flip side, the"}, {"start": "00:11:37", "end": "00:11:41", "text": "lower trend line sits down here around"}, {"start": "00:11:38", "end": "00:11:42", "text": "63 cents. That Bitcoin scenario of a"}, {"start": "00:11:41", "end": "00:11:45", "text": "dip, a fake out, maybe we get more"}, {"start": "00:11:42", "end": "00:11:47", "text": "upside and boom, all of a sudden next"}, {"start": "00:11:45", "end": "00:11:49", "text": "one to two weeks, SU is in the 60s"}, {"start": "00:11:47", "end": "00:11:51", "text": "again. And it's just like, come on, what"}, {"start": "00:11:49", "end": "00:11:53", "text": "is going on? That would be so typical"}, {"start": "00:11:51", "end": "00:11:55", "text": "for crypto, especially just a"}, {"start": "00:11:53", "end": "00:11:59", "text": "consolidation range like that. So that's"}, {"start": "00:11:55", "end": "00:12:02", "text": "SWE. Cardano I posted about earlier. Um"}, {"start": "00:11:59", "end": "00:12:04", "text": "it's this range 21 to 23 cents. It's so"}, {"start": "00:12:02", "end": "00:12:06", "text": "interesting for Cardano as it right now"}, {"start": "00:12:04", "end": "00:12:07", "text": "is just about to test the 200 day moving"}, {"start": "00:12:06", "end": "00:12:10", "text": "average. You can see this channel of"}, {"start": "00:12:07", "end": "00:12:11", "text": "higher highs, higher lows. Cardano"}, {"start": "00:12:10", "end": "00:12:14", "text": "having a little bit more bullish"}, {"start": "00:12:11", "end": "00:12:16", "text": "momentum vibe to it than what we see on"}, {"start": "00:12:14", "end": "00:12:18", "text": "the sweet chart. And I think that's just"}, {"start": "00:12:16", "end": "00:12:21", "text": "because all of these coins, they have"}, {"start": "00:12:18", "end": "00:12:25", "text": "they set up their own kind of patterns"}, {"start": "00:12:21", "end": "00:12:27", "text": "of of uh momentum and they look"}, {"start": "00:12:25", "end": "00:12:30", "text": "different and they they trade different."}, {"start": "00:12:27", "end": "00:12:32", "text": "It's weird. This is a picture of Cardano"}, {"start": "00:12:30", "end": "00:12:33", "text": "testing right now. This is actually"}, {"start": "00:12:32", "end": "00:12:35", "text": "we're at a critical area. I mean, think"}, {"start": "00:12:33", "end": "00:12:37", "text": "I think even from when I posted on X"}, {"start": "00:12:35", "end": "00:12:40", "text": "earlier about this, but we are literally"}, {"start": "00:12:37", "end": "00:12:42", "text": "testing where I have these price points"}, {"start": "00:12:40", "end": "00:12:45", "text": "in the post from on X this morning. 21"}, {"start": "00:12:42", "end": "00:12:47", "text": "uh 21 cents to 23"}, {"start": "00:12:45", "end": "00:12:49", "text": "If if you see Cardano start breaking"}, {"start": "00:12:47", "end": "00:12:53", "text": "above"}, {"start": "00:12:49", "end": "00:12:55", "text": "and out of not only this channel but"}, {"start": "00:12:53", "end": "00:12:58", "text": "notably above the 200 day moving"}, {"start": "00:12:55", "end": "00:12:59", "text": "average. That's for all these coins"}, {"start": "00:12:58", "end": "00:13:01", "text": "everybody. That's the move we're waiting"}, {"start": "00:12:59", "end": "00:13:03", "text": "for. Last time it happened November"}, {"start": "00:13:01", "end": "00:13:06", "text": "2024. I'm not saying it would lead to a"}, {"start": "00:13:03", "end": "00:13:10", "text": "move like that. There was insane insane"}, {"start": "00:13:06", "end": "00:13:13", "text": "hype. But the macro escape out of that"}, {"start": "00:13:10", "end": "00:13:15", "text": "200 day moving average, it's always been"}, {"start": "00:13:13", "end": "00:13:17", "text": "a very critical thing for Cardano and"}, {"start": "00:13:15", "end": "00:13:20", "text": "escaping that 200 day moving average in"}, {"start": "00:13:17", "end": "00:13:21", "text": "red. So, we have a really cool chart for"}, {"start": "00:13:20", "end": "00:13:23", "text": "Cardano right now in the short term to"}, {"start": "00:13:21", "end": "00:13:26", "text": "watch because we are at that insane"}, {"start": "00:13:23", "end": "00:13:28", "text": "resistance area, upper trend line area,"}, {"start": "00:13:26", "end": "00:13:31", "text": "200 day moving average area of"}, {"start": "00:13:28", "end": "00:13:32", "text": "resistance. And really, what happens now"}, {"start": "00:13:31", "end": "00:13:34", "text": "is critical, I would say, for Cardano."}, {"start": "00:13:32", "end": "00:13:36", "text": "Do not be surprised if we get resistance"}, {"start": "00:13:34", "end": "00:13:39", "text": "and boom, we're just we're chopping"}, {"start": "00:13:36", "end": "00:13:40", "text": "sideways again, meeting into this 50-day"}, {"start": "00:13:39", "end": "00:13:43", "text": "moving average again, maybe back down to"}, {"start": "00:13:40", "end": "00:13:45", "text": "20 cents real quick. I don't know. But,"}, {"start": "00:13:43", "end": "00:13:46", "text": "um, wait for the breakout is what I'm"}, {"start": "00:13:45", "end": "00:13:49", "text": "saying. And that's what's setting up"}, {"start": "00:13:46", "end": "00:13:50", "text": "right now. Midnight. So, midnight, it's"}, {"start": "00:13:49", "end": "00:13:53", "text": "for me. I just want to say this. I'm"}, {"start": "00:13:50", "end": "00:13:55", "text": "going to be doing a video on this."}, {"start": "00:13:53", "end": "00:13:58", "text": "Midnight is handinhand with Cardano. I"}, {"start": "00:13:55", "end": "00:14:00", "text": "am bullish on Cardano, everybody. I'm"}, {"start": "00:13:58", "end": "00:14:02", "text": "bullish on Cardano."}, {"start": "00:14:00", "end": "00:14:06", "text": "But that's what makes me so excited"}, {"start": "00:14:02", "end": "00:14:11", "text": "about Midnight is attached to Cardano in"}, {"start": "00:14:06", "end": "00:14:13", "text": "so many technical ways, but IOGG behind"}, {"start": "00:14:11", "end": "00:14:15", "text": "Midnight as well. And the narrative that"}, {"start": "00:14:13", "end": "00:14:18", "text": "Midnight has at this low cap, it's like"}, {"start": "00:14:15", "end": "00:14:19", "text": "300 some million market cap. It's"}, {"start": "00:14:18", "end": "00:14:22", "text": "attached to Cardano. This is the play"}, {"start": "00:14:19", "end": "00:14:24", "text": "for me. If if like I don't know how to"}, {"start": "00:14:22", "end": "00:14:25", "text": "explain it, but I'm going to do that's"}, {"start": "00:14:24", "end": "00:14:28", "text": "why I'm going to do a video for this."}, {"start": "00:14:25", "end": "00:14:30", "text": "This why I'm excited for Midnight."}, {"start": "00:14:28", "end": "00:14:34", "text": "People might be offended. Man, Dan, you"}, {"start": "00:14:30", "end": "00:14:35", "text": "moved you moved Cardano to Midnight. Why"}, {"start": "00:14:34", "end": "00:14:36", "text": "would you do that? You were a Cardano"}, {"start": "00:14:35", "end": "00:14:38", "text": "bull for all these years. You don't"}, {"start": "00:14:36", "end": "00:14:40", "text": "understand."}, {"start": "00:14:38", "end": "00:14:43", "text": "The reason why is because I'm still a"}, {"start": "00:14:40", "end": "00:14:45", "text": "Cardano bull. But the asymmetric play,"}, {"start": "00:14:43", "end": "00:14:47", "text": "even from a risk appetite perspective"}, {"start": "00:14:45", "end": "00:14:49", "text": "for me, just makes so much sense. I"}, {"start": "00:14:47", "end": "00:14:52", "text": "could be wrong. This could be wrong, but"}, {"start": "00:14:49", "end": "00:14:56", "text": "this is how I see it. I think Midnight"}, {"start": "00:14:52", "end": "00:14:57", "text": "will outperform Cardano and that relies"}, {"start": "00:14:56", "end": "00:15:01", "text": "on Cardano doing amazing and doing well"}, {"start": "00:14:57", "end": "00:15:04", "text": "as a chain as the chain it is as the OG"}, {"start": "00:15:01", "end": "00:15:06", "text": "it is. So just please know that please"}, {"start": "00:15:04", "end": "00:15:09", "text": "don't get offended man you sold out on"}, {"start": "00:15:06", "end": "00:15:12", "text": "Cardano for midnight. It's not that's"}, {"start": "00:15:09", "end": "00:15:14", "text": "not the case at all. The as the"}, {"start": "00:15:12", "end": "00:15:17", "text": "asymmetry is in midnight for me and it's"}, {"start": "00:15:14", "end": "00:15:18", "text": "because of Cardano. It's because of IOG."}, {"start": "00:15:17", "end": "00:15:20", "text": "Do you understand? So, with that being"}, {"start": "00:15:18", "end": "00:15:21", "text": "said, I'm rambling, but I I I wanted to"}, {"start": "00:15:20", "end": "00:15:23", "text": "get that out there a little bit in this"}, {"start": "00:15:21", "end": "00:15:26", "text": "video, and I'll I'll I'll expand more on"}, {"start": "00:15:23", "end": "00:15:28", "text": "it um in another video, but check this"}, {"start": "00:15:26", "end": "00:15:32", "text": "this chart out. Different than the"}, {"start": "00:15:28", "end": "00:15:33", "text": "others. This is night uh USD. An"}, {"start": "00:15:32", "end": "00:15:35", "text": "interesting one for me I'll be tracking"}, {"start": "00:15:33", "end": "00:15:39", "text": "too is night ADA. You can see it over"}, {"start": "00:15:35", "end": "00:15:40", "text": "here. Um this the bridge incident that"}, {"start": "00:15:39", "end": "00:15:42", "text": "happened when all that midnight was"}, {"start": "00:15:40", "end": "00:15:45", "text": "stallen reset this chart. This is what"}, {"start": "00:15:42", "end": "00:15:47", "text": "triggered the big opportunity for me to"}, {"start": "00:15:45", "end": "00:15:50", "text": "move a lot of Cardano into midnight when"}, {"start": "00:15:47", "end": "00:15:52", "text": "all this happened. And um that's"}, {"start": "00:15:50", "end": "00:15:54", "text": "something that I want to be very real"}, {"start": "00:15:52", "end": "00:15:56", "text": "about because I think this was an"}, {"start": "00:15:54", "end": "00:15:58", "text": "opportunity. That's all I think that"}, {"start": "00:15:56", "end": "00:16:00", "text": "was. But going back to the USD chart,"}, {"start": "00:15:58", "end": "00:16:02", "text": "you can see the 20 uh the 20-day moving"}, {"start": "00:16:00", "end": "00:16:04", "text": "average approaching upward to the 50-day"}, {"start": "00:16:02", "end": "00:16:05", "text": "moving average. Right now, we have a"}, {"start": "00:16:04", "end": "00:16:08", "text": "nice little separation of the 50-day."}, {"start": "00:16:05", "end": "00:16:11", "text": "It's very nice to see. But a very good"}, {"start": "00:16:08", "end": "00:16:14", "text": "picture right now would be to say, okay,"}, {"start": "00:16:11", "end": "00:16:17", "text": "we had this right here. Boom. Right. Did"}, {"start": "00:16:14", "end": "00:16:19", "text": "that lead to a macro bull? No. In fact,"}, {"start": "00:16:17", "end": "00:16:22", "text": "we failed to to see support above these"}, {"start": "00:16:19", "end": "00:16:23", "text": "moving averages. That's the first and"}, {"start": "00:16:22", "end": "00:16:25", "text": "only thing I care about. This is very"}, {"start": "00:16:23", "end": "00:16:28", "text": "nice to get the step this the separation"}, {"start": "00:16:25", "end": "00:16:30", "text": "from the moving averages, but that's the"}, {"start": "00:16:28", "end": "00:16:31", "text": "first step. It's not the only step. The"}, {"start": "00:16:30", "end": "00:16:33", "text": "next step would be, hey, can it go"}, {"start": "00:16:31", "end": "00:16:37", "text": "higher? And then we pull back and we're"}, {"start": "00:16:33", "end": "00:16:39", "text": "testing support. at these areas and then"}, {"start": "00:16:37", "end": "00:16:41", "text": "we see the 20 make its way above the 50"}, {"start": "00:16:39", "end": "00:16:42", "text": "and we're getting support and then we're"}, {"start": "00:16:41", "end": "00:16:44", "text": "actually getting separation again."}, {"start": "00:16:42", "end": "00:16:46", "text": "That's what I want to see. We're at the"}, {"start": "00:16:44", "end": "00:16:49", "text": "beginning inning of that happening,"}, {"start": "00:16:46", "end": "00:16:52", "text": "right? And so the 200 day up here is"}, {"start": "00:16:49", "end": "00:16:54", "text": "sitting at like 3 to 4 cents. So to give"}, {"start": "00:16:52", "end": "00:16:55", "text": "you a sense from a macro perspective,"}, {"start": "00:16:54", "end": "00:16:57", "text": "this is the beginning of a very good"}, {"start": "00:16:55", "end": "00:17:00", "text": "move potentially. From a macro"}, {"start": "00:16:57", "end": "00:17:03", "text": "perspective, we need a 75% move to test"}, {"start": "00:17:00", "end": "00:17:06", "text": "the real macro cycle shift. And by the"}, {"start": "00:17:03", "end": "00:17:08", "text": "way, that's that move can happen way"}, {"start": "00:17:06", "end": "00:17:10", "text": "quicker for something like midnight."}, {"start": "00:17:08", "end": "00:17:12", "text": "Just please keep that in mind. And with"}, {"start": "00:17:10", "end": "00:17:15", "text": "that being said, notice this is a brand"}, {"start": "00:17:12", "end": "00:17:17", "text": "new 200 day moving average. This is the"}, {"start": "00:17:15", "end": "00:17:19", "text": "first cycle for Midnight. The it will be"}, {"start": "00:17:17", "end": "00:17:21", "text": "the first bull cycle for Midnight. For"}, {"start": "00:17:19", "end": "00:17:22", "text": "me, that is incredibly bullish. This"}, {"start": "00:17:21", "end": "00:17:25", "text": "chart excites me. We are at the"}, {"start": "00:17:22", "end": "00:17:27", "text": "beginning of a of of a pivot. Midnight,"}, {"start": "00:17:25", "end": "00:17:29", "text": "this lower cap coin has gone through a"}, {"start": "00:17:27", "end": "00:17:31", "text": "lot of mess that crypto has survived and"}, {"start": "00:17:29", "end": "00:17:34", "text": "gone through. And if it's going to"}, {"start": "00:17:31", "end": "00:17:35", "text": "pivot, this is such a play everybody."}, {"start": "00:17:34", "end": "00:17:37", "text": "And it's not only because of Midnight"}, {"start": "00:17:35", "end": "00:17:39", "text": "and the privacy and everything that"}, {"start": "00:17:37", "end": "00:17:42", "text": "Midnight has going on for it. It's"}, {"start": "00:17:39", "end": "00:17:46", "text": "because of Cardano. And I'm bullish on"}, {"start": "00:17:42", "end": "00:17:48", "text": "Cardano. The asymmetry, the opportunity"}, {"start": "00:17:46", "end": "00:17:51", "text": "in terms of riskreward is better on"}, {"start": "00:17:48", "end": "00:17:53", "text": "midnight for me compared to ADA. That's"}, {"start": "00:17:51", "end": "00:17:55", "text": "all. Nothing to be offended about. And"}, {"start": "00:17:53", "end": "00:17:57", "text": "being a Cardono bull all these years, by"}, {"start": "00:17:55", "end": "00:17:59", "text": "the way, I would have never anticipated"}, {"start": "00:17:57", "end": "00:18:02", "text": "this four years ago when I'm bull"}, {"start": "00:17:59", "end": "00:18:03", "text": "posting Cardano. And that's how it is in"}, {"start": "00:18:02", "end": "00:18:06", "text": "crypto for every crypto holder. You"}, {"start": "00:18:03", "end": "00:18:07", "text": "never anticipate anything because these"}, {"start": "00:18:06", "end": "00:18:10", "text": "are things you have no idea will ever"}, {"start": "00:18:07", "end": "00:18:13", "text": "even happen. But when they come, take"}, {"start": "00:18:10", "end": "00:18:15", "text": "take the opportunity if you see it. This"}, {"start": "00:18:13", "end": "00:18:17", "text": "is how I see it. And that's what I do. I"}, {"start": "00:18:15", "end": "00:18:20", "text": "take opportunity. I'm pivoting. I change"}, {"start": "00:18:17", "end": "00:18:22", "text": "things. That's life. This is my crypto"}, {"start": "00:18:20", "end": "00:18:24", "text": "journey, everybody. I'm not just going"}, {"start": "00:18:22", "end": "00:18:27", "text": "to be holding Cardano"}, {"start": "00:18:24", "end": "00:18:28", "text": "just endlessly, never selling it, never"}, {"start": "00:18:27", "end": "00:18:31", "text": "having other opportunities. That's"}, {"start": "00:18:28", "end": "00:18:33", "text": "crazy. That's crazy. So anyway, I'm"}, {"start": "00:18:31", "end": "00:18:35", "text": "rambling, man. I didn't want to ramble,"}, {"start": "00:18:33", "end": "00:18:37", "text": "but this is midnight. This this is this"}, {"start": "00:18:35", "end": "00:18:39", "text": "is crypto right now today. You can see"}, {"start": "00:18:37", "end": "00:18:43", "text": "at clear resistance areas, but at the"}, {"start": "00:18:39", "end": "00:18:44", "text": "same time at a very clear slow pivot out"}, {"start": "00:18:43", "end": "00:18:46", "text": "of all this consolidation. So really"}, {"start": "00:18:44", "end": "00:18:50", "text": "exciting charts on all of these charts,"}, {"start": "00:18:46", "end": "00:18:51", "text": "everybody, as the pressure cooker heats"}, {"start": "00:18:50", "end": "00:18:52", "text": "up. So, I appreciate you watching. I"}, {"start": "00:18:51", "end": "00:18:54", "text": "really do. Again, if you're not a"}, {"start": "00:18:52", "end": "00:18:55", "text": "subscriber, hit the subscribe. I"}, {"start": "00:18:54", "end": "00:18:57", "text": "appreciate you cruising through your"}, {"start": "00:18:55", "end": "00:18:59", "text": "support, just interaction. It really"}, {"start": "00:18:57", "end": "00:19:01", "text": "makes the crypto journey that much"}, {"start": "00:18:59", "end": "00:19:03", "text": "better for me as well. So, I appreciate"}, {"start": "00:19:01", "end": "00:19:07", "text": "you. I will see you all in the next"}, {"start": "00:19:03", "end": "00:19:07", "text": "video. Have a good one. God bless."}]

[{"start": "00:00:00", "end": "00:00:06", "text": "people that use [music]"}, {"start": "00:00:03", "end": "00:00:09", "text": "fiat fiat fiat currency"}, {"start": "00:00:06", "end": "00:00:12", "text": "as a store [music] of"}, {"start": "00:00:09", "end": "00:00:15", "text": "value. We call them we pour. We call"}, {"start": "00:00:12", "end": "00:00:15", "text": "them we poor."}, {"start": "00:00:16", "end": "00:00:21", "text": ">> All right. Good morning. Welcome all to"}, {"start": "00:00:19", "end": "00:00:24", "text": "Discover Crypto. It's Monday morning."}, {"start": "00:00:21", "end": "00:00:26", "text": "Markets are opening up mixed. Bitcoin"}, {"start": "00:00:24", "end": "00:00:29", "text": "pumping while everyone expects a mega"}, {"start": "00:00:26", "end": "00:00:31", "text": "crash and the regular Wall Street sector"}, {"start": "00:00:29", "end": "00:00:35", "text": "taking a little bit of a tumble here."}, {"start": "00:00:31", "end": "00:00:36", "text": "S&P opening up a little bit lower. Now,"}, {"start": "00:00:35", "end": "00:00:40", "text": "a lot of people are expecting today to"}, {"start": "00:00:36", "end": "00:00:42", "text": "be absolute D-Day on the S&P because of"}, {"start": "00:00:40", "end": "00:00:44", "text": "the AI fear-mongering that's been"}, {"start": "00:00:42", "end": "00:00:46", "text": "happening for the last week that's"}, {"start": "00:00:44", "end": "00:00:48", "text": "starting to set into the hearts and"}, {"start": "00:00:46", "end": "00:00:51", "text": "minds. China doesn't care though. That's"}, {"start": "00:00:48", "end": "00:00:53", "text": "the fun part. China does not care. And I"}, {"start": "00:00:51", "end": "00:00:54", "text": "actually have some great altcoin alpha"}, {"start": "00:00:53", "end": "00:00:57", "text": "to be sharing with you later on the show"}, {"start": "00:00:54", "end": "00:00:58", "text": "when we get into the altcoin section."}, {"start": "00:00:57", "end": "00:01:00", "text": "Welcome one, welcome all to the show. I"}, {"start": "00:00:58", "end": "00:01:02", "text": "see a lot of people with their opinions"}, {"start": "00:01:00", "end": "00:01:05", "text": "because we have a big week ahead of us."}, {"start": "00:01:02", "end": "00:01:06", "text": "TJ, we got a lot going on this week."}, {"start": "00:01:05", "end": "00:01:08", "text": "Clarity Act,"}, {"start": "00:01:06", "end": "00:01:10", "text": ">> massive. This is the week we've been"}, {"start": "00:01:08", "end": "00:01:11", "text": "waiting for for months. I mean, we"}, {"start": "00:01:10", "end": "00:01:14", "text": "called this out a long time ago. We got"}, {"start": "00:01:11", "end": "00:01:16", "text": "Yeah. Clarity Act, Fed Day on the same"}, {"start": "00:01:14", "end": "00:01:18", "text": "day. You've got Bank of Japan. You've"}, {"start": "00:01:16", "end": "00:01:21", "text": "got Bank of England. Uh everybody"}, {"start": "00:01:18", "end": "00:01:24", "text": "looking at hiking rates, uh oil doing"}, {"start": "00:01:21", "end": "00:01:28", "text": "fun things. Uh AI controversy"}, {"start": "00:01:24", "end": "00:01:30", "text": "everywhere. Um so yeah, big big week"}, {"start": "00:01:28", "end": "00:01:31", "text": "economically. I think you've also got"}, {"start": "00:01:30", "end": "00:01:34", "text": "you got manufacturing numbers coming"}, {"start": "00:01:31", "end": "00:01:37", "text": "out. um you know just a lot a lot of"}, {"start": "00:01:34", "end": "00:01:40", "text": "data coming out and but this is this is"}, {"start": "00:01:37", "end": "00:01:42", "text": "the week you know where it looks like"}, {"start": "00:01:40", "end": "00:01:44", "text": "this is the the week I was calling for a"}, {"start": "00:01:42", "end": "00:01:45", "text": "while ago that was saying like this"}, {"start": "00:01:44", "end": "00:01:47", "text": "would give the bears hope that they're"}, {"start": "00:01:45", "end": "00:01:52", "text": "going to get their lower prices if you"}, {"start": "00:01:47", "end": "00:01:54", "text": "could get a clarity act not passing and"}, {"start": "00:01:52", "end": "00:01:57", "text": "a rate hike on the same day that could"}, {"start": "00:01:54", "end": "00:01:59", "text": "give you some bullish narrative uh"}, {"start": "00:01:57", "end": "00:02:01", "text": "Drew's mic still quieter than mine all"}, {"start": "00:01:59", "end": "00:02:02", "text": "right I'll bump him up a little bit Um I"}, {"start": "00:02:01", "end": "00:02:03", "text": "was"}, {"start": "00:02:02", "end": "00:02:06", "text": ">> interested Bitcoin did I think this is"}, {"start": "00:02:03", "end": "00:02:08", "text": "this weekend look or is September 11th"}, {"start": "00:02:06", "end": "00:02:11", "text": "look what it did I mean it created its"}, {"start": "00:02:08", "end": "00:02:13", "text": "own tower look crash"}, {"start": "00:02:11", "end": "00:02:14", "text": ">> on a fiveminute candle"}, {"start": "00:02:13", "end": "00:02:16", "text": ">> that was a big middle finger to all of"}, {"start": "00:02:14", "end": "00:02:17", "text": "us right there too just like all right"}, {"start": "00:02:16", "end": "00:02:19", "text": "hey you think you know what's going to"}, {"start": "00:02:17", "end": "00:02:20", "text": "happen no you don't know you don't"}, {"start": "00:02:19", "end": "00:02:21", "text": ">> can move fast"}, {"start": "00:02:20", "end": "00:02:23", "text": ">> that's what I was going to say just to"}, {"start": "00:02:21", "end": "00:02:25", "text": "make it all the more fun Bitcoin trading"}, {"start": "00:02:23", "end": "00:02:28", "text": "in a pretty tight range it's not given"}, {"start": "00:02:25", "end": "00:02:30", "text": "much clear signal one way or the other"}, {"start": "00:02:28", "end": "00:02:33", "text": "um you know people expecting it to be"}, {"start": "00:02:30", "end": "00:02:35", "text": "bearish uh like you said opening up"}, {"start": "00:02:33", "end": "00:02:36", "text": "strong today."}, {"start": "00:02:35", "end": "00:02:38", "text": "I don't know. We'll see. We'll see."}, {"start": "00:02:36", "end": "00:02:42", "text": ">> Well, the analysis from last week I feel"}, {"start": "00:02:38", "end": "00:02:43", "text": "very strong about uh in in is"}, {"start": "00:02:42", "end": "00:02:46", "text": "essentially comparing the Ballinger"}, {"start": "00:02:43", "end": "00:02:48", "text": "bands on Bitcoin and kind of where we're"}, {"start": "00:02:46", "end": "00:02:50", "text": "at right now. I think that I need to"}, {"start": "00:02:48", "end": "00:02:53", "text": "turn this on just to rehash because"}, {"start": "00:02:50", "end": "00:02:55", "text": "these are really clear signals. It's"}, {"start": "00:02:53", "end": "00:02:57", "text": "like this is a very clear W pattern"}, {"start": "00:02:55", "end": "00:02:59", "text": "that's developed with a Ballinger band."}, {"start": "00:02:57", "end": "00:03:02", "text": "Two ovals, compression in the center,"}, {"start": "00:02:59", "end": "00:03:04", "text": "entry point at the top, exit at the"}, {"start": "00:03:02", "end": "00:03:06", "text": "bottom, and then now we're exiting out"}, {"start": "00:03:04", "end": "00:03:08", "text": "the top on this Ballinger band. I think"}, {"start": "00:03:06", "end": "00:03:11", "text": "we're smack dab from our current"}, {"start": "00:03:08", "end": "00:03:13", "text": "situation. This is a very similar setup"}, {"start": "00:03:11", "end": "00:03:14", "text": "to this right here. I actually think"}, {"start": "00:03:13", "end": "00:03:17", "text": "that we're a little bit further in the"}, {"start": "00:03:14", "end": "00:03:20", "text": "process than I thought. Um, you know,"}, {"start": "00:03:17", "end": "00:03:22", "text": "where we're coming out of the top end of"}, {"start": "00:03:20", "end": "00:03:24", "text": "this oval pattern right here. it leaves"}, {"start": "00:03:22", "end": "00:03:26", "text": "room for that flush out down to the"}, {"start": "00:03:24", "end": "00:03:28", "text": "center point of where we developed. And"}, {"start": "00:03:26", "end": "00:03:30", "text": "really when I'm looking at Bitcoin, this"}, {"start": "00:03:28", "end": "00:03:33", "text": "week's going to be a little bit"}, {"start": "00:03:30", "end": "00:03:35", "text": "volatile. And so when I'm I have to be"}, {"start": "00:03:33", "end": "00:03:36", "text": "reasonable like we had a really good"}, {"start": "00:03:35", "end": "00:03:39", "text": "move, things are looking generally"}, {"start": "00:03:36", "end": "00:03:42", "text": "pretty bullish right now. But this is"}, {"start": "00:03:39", "end": "00:03:46", "text": "the thing that I'm watching is a a"}, {"start": "00:03:42", "end": "00:03:51", "text": "retest down into the maybe 72. Basically"}, {"start": "00:03:46", "end": "00:03:53", "text": "between 68 to 72 uh coming back down and"}, {"start": "00:03:51", "end": "00:03:55", "text": "testing this volume node would make"}, {"start": "00:03:53", "end": "00:03:57", "text": "sense. It actually would line up with"}, {"start": "00:03:55", "end": "00:04:00", "text": "that previous movement that we did when"}, {"start": "00:03:57", "end": "00:04:03", "text": "we were kind of expanding out of these"}, {"start": "00:04:00", "end": "00:04:05", "text": "uh same Ballinger band pattern. So, this"}, {"start": "00:04:03", "end": "00:04:08", "text": "is something I'm watching on Bitcoin uh"}, {"start": "00:04:05", "end": "00:04:10", "text": "very closely and we already are seeing"}, {"start": "00:04:08", "end": "00:04:13", "text": "very very strong consensus that a"}, {"start": "00:04:10", "end": "00:04:16", "text": "Federal Reserve rate hike is coming. Um,"}, {"start": "00:04:13", "end": "00:04:18", "text": "and TJ agrees with me. I don't want to"}, {"start": "00:04:16", "end": "00:04:20", "text": "speak for you, but it seems like you"}, {"start": "00:04:18", "end": "00:04:22", "text": "agree with me on this Clarity Act BS"}, {"start": "00:04:20", "end": "00:04:24", "text": "because there's some good highlights"}, {"start": "00:04:22", "end": "00:04:25", "text": "about the devil in the details about"}, {"start": "00:04:24", "end": "00:04:28", "text": "this Clarity Act here, right?"}, {"start": "00:04:25", "end": "00:04:29", "text": ">> About it being not great even if it did"}, {"start": "00:04:28", "end": "00:04:30", "text": "pass. Is that what you're talking about?"}, {"start": "00:04:29", "end": "00:04:31", "text": ">> Absolutely."}, {"start": "00:04:30", "end": "00:04:33", "text": ">> Yeah, I'm fine with it not passing at"}, {"start": "00:04:31", "end": "00:04:35", "text": "this point. They keep giving they keep"}, {"start": "00:04:33", "end": "00:04:36", "text": "giving more and more back to the banks"}, {"start": "00:04:35", "end": "00:04:38", "text": "and"}, {"start": "00:04:36", "end": "00:04:40", "text": ">> um you know they keep oh it's about"}, {"start": "00:04:38", "end": "00:04:41", "text": "ethics and this that and the other. It's"}, {"start": "00:04:40", "end": "00:04:43", "text": "not it's about banks protecting. Yeah,"}, {"start": "00:04:41", "end": "00:04:45", "text": "there you go. That's yeah the John Deon"}, {"start": "00:04:43", "end": "00:04:47", "text": "said it best right there. the banking"}, {"start": "00:04:45", "end": "00:04:49", "text": "industry has captured our leaders and so"}, {"start": "00:04:47", "end": "00:04:53", "text": ">> I think people have gotten you know the"}, {"start": "00:04:49", "end": "00:04:56", "text": "industry itself has gotten so"}, {"start": "00:04:53", "end": "00:04:58", "text": "focused and um you know determined to"}, {"start": "00:04:56", "end": "00:05:00", "text": "get this over the finish line for their"}, {"start": "00:04:58", "end": "00:05:02", "text": "own reasons that they're I think they're"}, {"start": "00:05:00", "end": "00:05:06", "text": "giving up way too much ground when it"}, {"start": "00:05:02", "end": "00:05:09", "text": "comes to DeFi and putting in uh uh check"}, {"start": "00:05:06", "end": "00:05:09", "text": "your what's your gain at on your mic by"}, {"start": "00:05:09", "end": "00:05:11", "text": "the way"}, {"start": "00:05:09", "end": "00:05:12", "text": ">> let me check"}, {"start": "00:05:11", "end": "00:05:13", "text": ">> because I've got you"}, {"start": "00:05:12", "end": "00:05:15", "text": ">> 50"}, {"start": "00:05:13", "end": "00:05:16", "text": ">> 50 All right. I don't know what to do. I"}, {"start": "00:05:15", "end": "00:05:18", "text": "got you boosted. I've got them boosted"}, {"start": "00:05:16", "end": "00:05:18", "text": "all the way up on my settings. So, I"}, {"start": "00:05:18", "end": "00:05:20", "text": "can't I don't"}, {"start": "00:05:18", "end": "00:05:22", "text": ">> I can cook it up. I'll just, you know, I"}, {"start": "00:05:20", "end": "00:05:23", "text": "can cook it up. I got room to cook up"}, {"start": "00:05:22", "end": "00:05:25", "text": "here. Uh"}, {"start": "00:05:23", "end": "00:05:27", "text": ">> just or push up your slider. Maybe push"}, {"start": "00:05:25", "end": "00:05:28", "text": "it, you know, I have mine at like 80%"}, {"start": "00:05:27", "end": "00:05:30", "text": "up. So,"}, {"start": "00:05:28", "end": "00:05:32", "text": ">> this is the thing that has been driving"}, {"start": "00:05:30", "end": "00:05:34", "text": "me crazy about this Clarity Act though,"}, {"start": "00:05:32", "end": "00:05:36", "text": "and I knew that this was there. Treasury"}, {"start": "00:05:34", "end": "00:05:39", "text": "circuit breaker authority to stop"}, {"start": "00:05:36", "end": "00:05:41", "text": "payment stable coin deposit flight from"}, {"start": "00:05:39", "end": "00:05:44", "text": "community banks. Right. So, this is"}, {"start": "00:05:41", "end": "00:05:46", "text": "where this is where I've been aggravated"}, {"start": "00:05:44", "end": "00:05:49", "text": "with the Clarity Act for this whole"}, {"start": "00:05:46", "end": "00:05:50", "text": "time. Uh, not only because we're cutting"}, {"start": "00:05:49", "end": "00:05:54", "text": "in and kind of digging into our ability"}, {"start": "00:05:50", "end": "00:05:57", "text": "to expand DeFi, but then also this where"}, {"start": "00:05:54", "end": "00:05:58", "text": "you can basically do capital controls"}, {"start": "00:05:57", "end": "00:06:01", "text": "with stable coins."}, {"start": "00:05:58", "end": "00:06:04", "text": ">> And to me, you know, crypto's always"}, {"start": "00:06:01", "end": "00:06:05", "text": "been about freedom, right? Crypto's"}, {"start": "00:06:04", "end": "00:06:07", "text": "always been about like holding and, you"}, {"start": "00:06:05", "end": "00:06:09", "text": "know, controlling my own assets, being"}, {"start": "00:06:07", "end": "00:06:12", "text": "able to move freely. Yeah. Yeah, cuz I"}, {"start": "00:06:09", "end": "00:06:15", "text": "found uh crypto just because I was such"}, {"start": "00:06:12", "end": "00:06:18", "text": "a loudmouth during flu season and you"}, {"start": "00:06:15", "end": "00:06:21", "text": "know the ability to spend was being"}, {"start": "00:06:18", "end": "00:06:24", "text": "tested. So I don't know man like seeing"}, {"start": "00:06:21", "end": "00:06:26", "text": "this I actually think it's kind of good."}, {"start": "00:06:24", "end": "00:06:28", "text": "Now Trump is trying to make the Clarity"}, {"start": "00:06:26", "end": "00:06:29", "text": "Act move forward. He came out and agreed"}, {"start": "00:06:28", "end": "00:06:31", "text": "to the Clarity Act ethic restrictions"}, {"start": "00:06:29", "end": "00:06:34", "text": "covering himself, elected officials,"}, {"start": "00:06:31", "end": "00:06:36", "text": "judges, and state attorneys. given uh"}, {"start": "00:06:34", "end": "00:06:38", "text": "the enforcement authority removing the"}, {"start": "00:06:36", "end": "00:06:41", "text": "final obstacle for the Tuesday Senate"}, {"start": "00:06:38", "end": "00:06:43", "text": "vote. This vote for Cloer, if they're"}, {"start": "00:06:41", "end": "00:06:45", "text": "willing to discuss this among everything"}, {"start": "00:06:43", "end": "00:06:48", "text": "else that's coming up this year, is"}, {"start": "00:06:45", "end": "00:06:51", "text": "happening tomorrow. The odds are spiking"}, {"start": "00:06:48", "end": "00:06:53", "text": "momentarily, but still very very low. We"}, {"start": "00:06:51", "end": "00:06:55", "text": "spent like all last week in the 10%"}, {"start": "00:06:53", "end": "00:06:58", "text": "likelihood and now we're coming up to"}, {"start": "00:06:55", "end": "00:07:02", "text": "about a 29% chance that this thing moves"}, {"start": "00:06:58", "end": "00:07:04", "text": "forward. Yeah, I for me I don't think"}, {"start": "00:07:02", "end": "00:07:06", "text": "it's going to go through and I don't"}, {"start": "00:07:04", "end": "00:07:08", "text": "want it to go through yet because I"}, {"start": "00:07:06", "end": "00:07:10", "text": "think the parameters that it is right"}, {"start": "00:07:08", "end": "00:07:11", "text": "now are bad. I think that"}, {"start": "00:07:10", "end": "00:07:13", "text": ">> I agree."}, {"start": "00:07:11", "end": "00:07:15", "text": ">> I mean, they're basically saying, \"Yeah,"}, {"start": "00:07:13", "end": "00:07:18", "text": "we'll let it we'll let we'll give some"}, {"start": "00:07:15", "end": "00:07:19", "text": "clarity for DeFi, but if it affects our"}, {"start": "00:07:18", "end": "00:07:21", "text": "business too much, we can shut it, you"}, {"start": "00:07:19", "end": "00:07:24", "text": "know, we can kind of put the gibbos on"}, {"start": "00:07:21", "end": "00:07:26", "text": "it and uh slow it down because"}, {"start": "00:07:24", "end": "00:07:28", "text": ">> I mean, that's pretty crazy to say we'll"}, {"start": "00:07:26", "end": "00:07:30", "text": "let it happen unless too many deposits"}, {"start": "00:07:28", "end": "00:07:33", "text": "leave our banks, then we have the"}, {"start": "00:07:30", "end": "00:07:35", "text": "ability to slow that.\" You know, I saw,"}, {"start": "00:07:33", "end": "00:07:36", "text": "you know, DCA and Prey, he said for him,"}, {"start": "00:07:35", "end": "00:07:38", "text": "it's not about freedom, it's about the"}, {"start": "00:07:36", "end": "00:07:41", "text": "velocity of money. Well, they're"}, {"start": "00:07:38", "end": "00:07:43", "text": "literally putting a choke point on that"}, {"start": "00:07:41", "end": "00:07:44", "text": "velocity money, a shut off valve"}, {"start": "00:07:43", "end": "00:07:46", "text": "whenever they want because then they're"}, {"start": "00:07:44", "end": "00:07:48", "text": "saying if it moves too fast, we'll we"}, {"start": "00:07:46", "end": "00:07:49", "text": "can stop it, you know, we can control it"}, {"start": "00:07:48", "end": "00:07:52", "text": "and it's just"}, {"start": "00:07:49", "end": "00:07:54", "text": ">> yeah, it's very uh disheartening. I I"}, {"start": "00:07:52", "end": "00:07:55", "text": "think it's irrelevant at this point"}, {"start": "00:07:54", "end": "00:07:57", "text": "largely. Anyway, I was saying that"}, {"start": "00:07:55", "end": "00:07:59", "text": "before. I mean, DeFi is moving forward"}, {"start": "00:07:57", "end": "00:08:01", "text": "and I'd almost like you said, prefer"}, {"start": "00:07:59", "end": "00:08:03", "text": "that this doesn't go through. Let the"}, {"start": "00:08:01", "end": "00:08:04", "text": "[snorts] SEC and CFTC do their thing."}, {"start": "00:08:03", "end": "00:08:09", "text": "This buys, you know, some other people"}, {"start": "00:08:04", "end": "00:08:10", "text": "some more time. Got a super chat here."}, {"start": "00:08:09", "end": "00:08:13", "text": ">> Bless you. You got to"}, {"start": "00:08:10", "end": "00:08:14", "text": ">> do we expect to Ray height good odds on"}, {"start": "00:08:13", "end": "00:08:16", "text": "no change? I I don't think there are"}, {"start": "00:08:14", "end": "00:08:18", "text": "good odds on no change. I'm pretty sure"}, {"start": "00:08:16", "end": "00:08:20", "text": "the odd Oh, like good like Yeah. Yeah. I"}, {"start": "00:08:18", "end": "00:08:22", "text": "Yeah, we expect to I think he's meaning"}, {"start": "00:08:20", "end": "00:08:24", "text": "like it's he can get paid heavy if he"}, {"start": "00:08:22", "end": "00:08:27", "text": "bets on no change. Um"}, {"start": "00:08:24", "end": "00:08:30", "text": ">> yeah, it's a 20 20% likelihood on no"}, {"start": "00:08:27", "end": "00:08:32", "text": "change right now on Poly Market. So you"}, {"start": "00:08:30", "end": "00:08:34", "text": "know 80% likelihood on poly market that"}, {"start": "00:08:32", "end": "00:08:37", "text": "you're going to see a 25 base point rate"}, {"start": "00:08:34", "end": "00:08:40", "text": "increase this week and on CME Fed tool"}, {"start": "00:08:37", "end": "00:08:41", "text": "it's actually coming in at 90.5%."}, {"start": "00:08:40", "end": "00:08:43", "text": "So"}, {"start": "00:08:41", "end": "00:08:45", "text": "usually when I see this likelihood on"}, {"start": "00:08:43", "end": "00:08:47", "text": "CME tool being at 90 or above it"}, {"start": "00:08:45", "end": "00:08:49", "text": "basically is set in stone that it's"}, {"start": "00:08:47", "end": "00:08:52", "text": "happening that way. Mhm."}, {"start": "00:08:49", "end": "00:08:56", "text": ">> Um, you know, this is"}, {"start": "00:08:52", "end": "00:08:58", "text": "I feel like Bitcoin, you know, the how"}, {"start": "00:08:56", "end": "00:09:00", "text": "closely people try to correlate Bitcoin"}, {"start": "00:08:58", "end": "00:09:03", "text": "to Federal Reserve rate hike increase or"}, {"start": "00:09:00", "end": "00:09:06", "text": "decrease being price action given. I'm"}, {"start": "00:09:03", "end": "00:09:08", "text": "looking at the Bitcoin price really just"}, {"start": "00:09:06", "end": "00:09:09", "text": "with the feeling in my guts that this"}, {"start": "00:09:08", "end": "00:09:12", "text": "thing is pulled over as much as we can"}, {"start": "00:09:09", "end": "00:09:14", "text": "like a vibe check should we get more"}, {"start": "00:09:12", "end": "00:09:16", "text": "bearishness through the week down and"}, {"start": "00:09:14", "end": "00:09:19", "text": "this is really where I'm at is a vibe"}, {"start": "00:09:16", "end": "00:09:22", "text": "check down to about $72,000"}, {"start": "00:09:19", "end": "00:09:24", "text": "maybe 74 if we're lucky and extra good"}, {"start": "00:09:22", "end": "00:09:27", "text": "but a quick liquidity grab down here at"}, {"start": "00:09:24", "end": "00:09:29", "text": "the 74 building out essentially what"}, {"start": "00:09:27", "end": "00:09:32", "text": "will be looked at as an inverse head and"}, {"start": "00:09:29", "end": "00:09:34", "text": "shoulders over the next few weeks is the"}, {"start": "00:09:32", "end": "00:09:36", "text": "most likely scenario that I have for"}, {"start": "00:09:34", "end": "00:09:38", "text": "Bitcoin. We are ranging and doing well"}, {"start": "00:09:36", "end": "00:09:40", "text": "in this current spot. But I could see a"}, {"start": "00:09:38", "end": "00:09:42", "text": "vibe check here to kind of build out"}, {"start": "00:09:40", "end": "00:09:44", "text": "that support and then make the move. You"}, {"start": "00:09:42", "end": "00:09:47", "text": "create the inverse head and shoulders"}, {"start": "00:09:44", "end": "00:09:50", "text": "and the measured move like I feel after"}, {"start": "00:09:47", "end": "00:09:51", "text": "the next few weeks happens October we're"}, {"start": "00:09:50", "end": "00:09:54", "text": "probably going to go mess around with"}, {"start": "00:09:51", "end": "00:09:57", "text": "the 80 to $90,000 range. this guy right"}, {"start": "00:09:54", "end": "00:10:00", "text": "here. I feel that do we have the general"}, {"start": "00:09:57", "end": "00:10:02", "text": "momentum and the bare market signals"}, {"start": "00:10:00", "end": "00:10:05", "text": "that I like to use are on larger time"}, {"start": "00:10:02", "end": "00:10:07", "text": "frames and I I love using money flow"}, {"start": "00:10:05", "end": "00:10:09", "text": "just to understand you know how much"}, {"start": "00:10:07", "end": "00:10:11", "text": "pain has been felt if we felt the amount"}, {"start": "00:10:09", "end": "00:10:13", "text": "of pain we need. The two-week time frame"}, {"start": "00:10:11", "end": "00:10:16", "text": "is telling me everything I need to know"}, {"start": "00:10:13", "end": "00:10:17", "text": "about Bitcoin where you have I honestly"}, {"start": "00:10:16", "end": "00:10:19", "text": "each one of these have been a scratch"}, {"start": "00:10:17", "end": "00:10:23", "text": "these bare markets. They've been you"}, {"start": "00:10:19", "end": "00:10:25", "text": "know right here in 2019 2020 uh three"}, {"start": "00:10:23", "end": "00:10:28", "text": "essentially 22 and 23 and then our"}, {"start": "00:10:25", "end": "00:10:32", "text": "current scenario I think that Bitcoin"}, {"start": "00:10:28", "end": "00:10:34", "text": "has pulled over plenty. Um, right now if"}, {"start": "00:10:32", "end": "00:10:37", "text": "if you're waiting for Bitcoin to hit 30,"}, {"start": "00:10:34", "end": "00:10:41", "text": "you're just like the, you know, person"}, {"start": "00:10:37", "end": "00:10:43", "text": "that assumes that we're all going to die"}, {"start": "00:10:41", "end": "00:10:45", "text": "in the next two years because we have"}, {"start": "00:10:43", "end": "00:10:49", "text": "large language models and data"}, {"start": "00:10:45", "end": "00:10:52", "text": "organization systems through AI. I"}, {"start": "00:10:49", "end": "00:10:55", "text": "understand the long-term fear of AI. I"}, {"start": "00:10:52", "end": "00:10:57", "text": "totally get it. But this is overblown. I"}, {"start": "00:10:55", "end": "00:11:00", "text": "feel like the market expecting a massive"}, {"start": "00:10:57", "end": "00:11:03", "text": "cataclysm today is people living in"}, {"start": "00:11:00", "end": "00:11:06", "text": "fear. I we saw this this is going on all"}, {"start": "00:11:03", "end": "00:11:10", "text": "weekend. Trump has rejected calls for an"}, {"start": "00:11:06", "end": "00:11:12", "text": "AI slowdown after CEOs of AI tech titans"}, {"start": "00:11:10", "end": "00:11:14", "text": "express safety concerns for the"}, {"start": "00:11:12", "end": "00:11:17", "text": "technology poses an existential threat."}, {"start": "00:11:14", "end": "00:11:20", "text": "Right. And I I come to TJ with this"}, {"start": "00:11:17", "end": "00:11:22", "text": "because I love fear-mongering more than"}, {"start": "00:11:20", "end": "00:11:25", "text": "anyone. I feel like I'm a big fan of it."}, {"start": "00:11:22", "end": "00:11:27", "text": "You know, this was even too much for me"}, {"start": "00:11:25", "end": "00:11:29", "text": "this weekend, seeing how many people"}, {"start": "00:11:27", "end": "00:11:31", "text": "were pricing in likelihoods of"}, {"start": "00:11:29", "end": "00:11:34", "text": "extinction in the next 3 years because"}, {"start": "00:11:31", "end": "00:11:34", "text": "of AI. You're messing around with AI a"}, {"start": "00:11:34", "end": "00:11:36", "text": "lot, TJ."}, {"start": "00:11:34", "end": "00:11:39", "text": ">> Yeah, it really doesn't make sense. Uh I"}, {"start": "00:11:36", "end": "00:11:40", "text": "mean, I could it it feels very"}, {"start": "00:11:39", "end": "00:11:43", "text": "coordinated. I'll just say that because"}, {"start": "00:11:40", "end": "00:11:45", "text": "it started very quickly. Uh and I'm and"}, {"start": "00:11:43", "end": "00:11:46", "text": "I'm kind of in this camp. Eric Vor, he's"}, {"start": "00:11:45", "end": "00:11:49", "text": "almost always with the solid takes like"}, {"start": "00:11:46", "end": "00:11:52", "text": "people killed by AI, zero. People killed"}, {"start": "00:11:49", "end": "00:11:54", "text": "by governments, millions. let's give"}, {"start": "00:11:52", "end": "00:11:56", "text": "control AI, you know, let's give control"}, {"start": "00:11:54", "end": "00:11:58", "text": "of AI to the government and call it"}, {"start": "00:11:56", "end": "00:11:59", "text": "safety, you know, like that just"}, {"start": "00:11:58", "end": "00:12:02", "text": "[laughter] it doesn't make any sense,"}, {"start": "00:11:59", "end": "00:12:05", "text": "you know, and Trump even came out with a"}, {"start": "00:12:02", "end": "00:12:07", "text": "big uh thing on this like basically"}, {"start": "00:12:05", "end": "00:12:09", "text": "saying, you know, we already have a"}, {"start": "00:12:07", "end": "00:12:10", "text": "bunch of, you know, power to regulate"}, {"start": "00:12:09", "end": "00:12:13", "text": "companies if they're going off the"}, {"start": "00:12:10", "end": "00:12:15", "text": "rails. He also took shots at Anthropics,"}, {"start": "00:12:13", "end": "00:12:16", "text": "Daario, saying that he's done some"}, {"start": "00:12:15", "end": "00:12:18", "text": "pretty bad things already. They've"}, {"start": "00:12:16", "end": "00:12:21", "text": "already had to reign him in. Mhm."}, {"start": "00:12:18", "end": "00:12:23", "text": ">> Um, but I I mean to me this feels much"}, {"start": "00:12:21", "end": "00:12:25", "text": "more like a manufactured crisis than"}, {"start": "00:12:23", "end": "00:12:28", "text": "anything else. Uh, and I don't know"}, {"start": "00:12:25", "end": "00:12:30", "text": "where, you know, I I believe that's, you"}, {"start": "00:12:28", "end": "00:12:31", "text": "know, anytime they do a massive amount"}, {"start": "00:12:30", "end": "00:12:34", "text": "of money printing, they need some cover"}, {"start": "00:12:31", "end": "00:12:37", "text": "to do that. Uh, and it feels like this"}, {"start": "00:12:34", "end": "00:12:38", "text": "AI race is setting up to be that. Uh,"}, {"start": "00:12:37", "end": "00:12:40", "text": "like we have to win at all costs. We"}, {"start": "00:12:38", "end": "00:12:42", "text": "have to print money at all costs. I mean"}, {"start": "00:12:40", "end": "00:12:44", "text": "there's some like if you're look you"}, {"start": "00:12:42", "end": "00:12:46", "text": "mentioned the diesel prices there's some"}, {"start": "00:12:44", "end": "00:12:48", "text": "you know there's some history there that"}, {"start": "00:12:46", "end": "00:12:49", "text": "says when diesel gets to some of these"}, {"start": "00:12:48", "end": "00:12:52", "text": "levels and we get this energy crisis"}, {"start": "00:12:49", "end": "00:12:55", "text": "some some u potentially bad things"}, {"start": "00:12:52", "end": "00:12:58", "text": "happen whether it's massive print or"}, {"start": "00:12:55", "end": "00:13:01", "text": "massive uh recession and that and that's"}, {"start": "00:12:58", "end": "00:13:02", "text": "kind of feels like the same point that"}, {"start": "00:13:01", "end": "00:13:04", "text": "we've been at for a while and that's"}, {"start": "00:13:02", "end": "00:13:07", "text": "what I've been saying a lot of this"}, {"start": "00:13:04", "end": "00:13:09", "text": "environment feels like like if a few"}, {"start": "00:13:07", "end": "00:13:13", "text": "months ago was late 2019 now we're in"}, {"start": "00:13:09", "end": "00:13:15", "text": "early 2020 type season. Um, and that"}, {"start": "00:13:13", "end": "00:13:17", "text": "that's great for Bitcoin and crypto if"}, {"start": "00:13:15", "end": "00:13:18", "text": "you're exposed to crypto. I mean, you"}, {"start": "00:13:17", "end": "00:13:21", "text": "guys, if you were around, you remember"}, {"start": "00:13:18", "end": "00:13:23", "text": "what happened mid2020 and into 2021 was"}, {"start": "00:13:21", "end": "00:13:25", "text": "a very, very strong bull run. And I I"}, {"start": "00:13:23", "end": "00:13:27", "text": "think we're setting up for much more of"}, {"start": "00:13:25", "end": "00:13:30", "text": "that. I think I don't know if I have it"}, {"start": "00:13:27", "end": "00:13:32", "text": "over here. Um,"}, {"start": "00:13:30", "end": "00:13:34", "text": "yeah, it's Oh, here it is. The diesel"}, {"start": "00:13:32", "end": "00:13:35", "text": "stuff. Yeah, I do have it. Um, this this"}, {"start": "00:13:34", "end": "00:13:37", "text": "is something I was looking at Rang"}, {"start": "00:13:35", "end": "00:13:40", "text": "Group. They're they're very strong with"}, {"start": "00:13:37", "end": "00:13:44", "text": "a lot of these things. diesel spike 2008"}, {"start": "00:13:40", "end": "00:13:46", "text": "recession 2022 worst inflation in 40"}, {"start": "00:13:44", "end": "00:13:48", "text": "years. You know, this was in the middle"}, {"start": "00:13:46", "end": "00:13:50", "text": "of a massive money printing season and"}, {"start": "00:13:48", "end": "00:13:53", "text": "then we've got it coming up now. And so"}, {"start": "00:13:50", "end": "00:13:56", "text": "it's like it does feel like, you know,"}, {"start": "00:13:53", "end": "00:13:58", "text": "for a lot of, you know, reasons, we're"}, {"start": "00:13:56", "end": "00:14:00", "text": "at a decision point of one of these two"}, {"start": "00:13:58", "end": "00:14:02", "text": "things. You know, liquidity is tight,"}, {"start": "00:14:00", "end": "00:14:04", "text": "treasuries are spiking, d energy is"}, {"start": "00:14:02", "end": "00:14:08", "text": "spiking. A lot of these things are"}, {"start": "00:14:04", "end": "00:14:11", "text": "correlated. Um, and the most likely"}, {"start": "00:14:08", "end": "00:14:12", "text": "scenario in my opinion is inflating our"}, {"start": "00:14:11", "end": "00:14:14", "text": "way out of this, inflating our way out"}, {"start": "00:14:12", "end": "00:14:17", "text": "of the debt situation, you know,"}, {"start": "00:14:14", "end": "00:14:19", "text": "printing a lot of money to go towards"}, {"start": "00:14:17", "end": "00:14:20", "text": "energy and, you know, kind of pushing"}, {"start": "00:14:19", "end": "00:14:24", "text": "these prices down. A lot of these things"}, {"start": "00:14:20", "end": "00:14:27", "text": "are somewhat controlled. Um, obviously"}, {"start": "00:14:24", "end": "00:14:29", "text": "what's going on in Iran has really put a"}, {"start": "00:14:27", "end": "00:14:31", "text": "strain on the oil flow of things. Uh,"}, {"start": "00:14:29", "end": "00:14:33", "text": "but largely that could be, you know,"}, {"start": "00:14:31", "end": "00:14:34", "text": "these, you know, we could stop at any"}, {"start": "00:14:33", "end": "00:14:36", "text": "time. You know, that's what people"}, {"start": "00:14:34", "end": "00:14:38", "text": "forget is like there's so many more in"}, {"start": "00:14:36", "end": "00:14:41", "text": "my opinion catalyst to the upside of"}, {"start": "00:14:38", "end": "00:14:43", "text": "like, hey, this ends big print, you"}, {"start": "00:14:41", "end": "00:14:45", "text": "know, like I agree with chat, you know,"}, {"start": "00:14:43", "end": "00:14:47", "text": "saying that the Fed rate hikes are"}, {"start": "00:14:45", "end": "00:14:49", "text": "priced in. So, I don't think we're going"}, {"start": "00:14:47", "end": "00:14:52", "text": "to see a very negative price impact from"}, {"start": "00:14:49", "end": "00:14:54", "text": "that. Now, if they were to pause or at"}, {"start": "00:14:52", "end": "00:14:55", "text": "some point ever get to cutting,"}, {"start": "00:14:54", "end": "00:14:58", "text": "obviously, we're going to just gigend."}, {"start": "00:14:55", "end": "00:14:59", "text": "So, I still think what I've been saying"}, {"start": "00:14:58", "end": "00:15:01", "text": "for I agree with your analysis on the"}, {"start": "00:14:59", "end": "00:15:04", "text": "price. would not surprise me at all if"}, {"start": "00:15:01", "end": "00:15:05", "text": "we see a 72 to 74 range on Bitcoin."}, {"start": "00:15:04", "end": "00:15:07", "text": "Again, I don't think we're going to go"}, {"start": "00:15:05", "end": "00:15:10", "text": "lower. I've been saying that for a long"}, {"start": "00:15:07", "end": "00:15:11", "text": "time, but there's many more things"}, {"start": "00:15:10", "end": "00:15:13", "text": "pushing us towards the upside at this"}, {"start": "00:15:11", "end": "00:15:15", "text": "point than the downside. But I do want"}, {"start": "00:15:13", "end": "00:15:16", "text": "to give people the encouragement that"}, {"start": "00:15:15", "end": "00:15:18", "text": "you still have some time. You know, if"}, {"start": "00:15:16", "end": "00:15:22", "text": "even if we are,"}, {"start": "00:15:18", "end": "00:15:24", "text": "you know, late early 2020 type timeline,"}, {"start": "00:15:22", "end": "00:15:27", "text": "you know, obviously you got a a year or"}, {"start": "00:15:24", "end": "00:15:30", "text": "two to uh experience very bullish price"}, {"start": "00:15:27", "end": "00:15:32", "text": "action, get yourself positioned. So, um,"}, {"start": "00:15:30", "end": "00:15:34", "text": "I am extremely bullish. Like, like you"}, {"start": "00:15:32", "end": "00:15:35", "text": "guys know, I'm always here with the"}, {"start": "00:15:34", "end": "00:15:37", "text": "opium to get you guys excited for high"}, {"start": "00:15:35", "end": "00:15:38", "text": "prices. I think it's going to send. I"}, {"start": "00:15:37", "end": "00:15:39", "text": "think we're going to see the end of"}, {"start": "00:15:38", "end": "00:15:41", "text": "diminished returns. We're going to have"}, {"start": "00:15:39", "end": "00:15:44", "text": "a really, really, really good pump on"}, {"start": "00:15:41", "end": "00:15:46", "text": "Bitcoin and DeFi. DeFi and AI still, you"}, {"start": "00:15:44", "end": "00:15:48", "text": "know, I've been on that train for over a"}, {"start": "00:15:46", "end": "00:15:49", "text": "year now, probably couple years, that"}, {"start": "00:15:48", "end": "00:15:52", "text": "the that's what's going to be the"}, {"start": "00:15:49", "end": "00:15:54", "text": "strongest movers. It's proving out. Um,"}, {"start": "00:15:52", "end": "00:15:55", "text": "I don't have see anything that's going"}, {"start": "00:15:54", "end": "00:15:57", "text": "to change it. Yeah, here we go. Water's"}, {"start": "00:15:55", "end": "00:15:57", "text": "wet. TJ's bullish. That's the way it"}, {"start": "00:15:57", "end": "00:15:59", "text": "goes. But"}, {"start": "00:15:57", "end": "00:16:01", "text": ">> TJ, I got something for you. And I"}, {"start": "00:15:59", "end": "00:16:03", "text": "didn't even show you or mention this."}, {"start": "00:16:01", "end": "00:16:05", "text": ">> Okay. Well, all I was Let me just finish"}, {"start": "00:16:03", "end": "00:16:09", "text": "this. All I was really going to say is"}, {"start": "00:16:05", "end": "00:16:10", "text": "as bullish as I am, I it may you may it"}, {"start": "00:16:09", "end": "00:16:13", "text": "may not be as I'm not trying to create"}, {"start": "00:16:10", "end": "00:16:15", "text": "FOMO like you probably have some time"}, {"start": "00:16:13", "end": "00:16:17", "text": "like there's a probably a I don't know"}, {"start": "00:16:15", "end": "00:16:20", "text": "if it's quite a 50% like but there's a"}, {"start": "00:16:17", "end": "00:16:22", "text": "reasonable likelihood we range and make"}, {"start": "00:16:20", "end": "00:16:25", "text": "slow steps up you know like you know"}, {"start": "00:16:22", "end": "00:16:26", "text": "like you said we get up into that 80 to"}, {"start": "00:16:25", "end": "00:16:28", "text": "90 range and then we might stay there"}, {"start": "00:16:26", "end": "00:16:31", "text": "for a while and then we could range"}, {"start": "00:16:28", "end": "00:16:33", "text": "between 80 and 100 for a few months and"}, {"start": "00:16:31", "end": "00:16:35", "text": "then between 100 and all-time highs. for"}, {"start": "00:16:33", "end": "00:16:37", "text": "a few months. So, you've got some time"}, {"start": "00:16:35", "end": "00:16:39", "text": "to take these steps. Once we break new"}, {"start": "00:16:37", "end": "00:16:42", "text": "alltime highs, all bets are off. But"}, {"start": "00:16:39", "end": "00:16:42", "text": "yeah, hit me hit me with uh what you"}, {"start": "00:16:42", "end": "00:16:44", "text": "got."}, {"start": "00:16:42", "end": "00:16:44", "text": ">> It's almost too bullish. This is almost"}, {"start": "00:16:44", "end": "00:16:46", "text": "too bullish. Okay."}, {"start": "00:16:44", "end": "00:16:47", "text": ">> Okay. Well, I love There's nothing too"}, {"start": "00:16:46", "end": "00:16:49", "text": "bullish for me. Let's hear it."}, {"start": "00:16:47", "end": "00:16:50", "text": ">> All right. So, this is money printing."}, {"start": "00:16:49", "end": "00:16:53", "text": "You know, the acknowledgement of money"}, {"start": "00:16:50", "end": "00:16:54", "text": "printing season, oil going negative, and"}, {"start": "00:16:53", "end": "00:16:57", "text": "real chaos coming to the monetary"}, {"start": "00:16:54", "end": "00:16:59", "text": "markets in between these two descending"}, {"start": "00:16:57", "end": "00:17:02", "text": "wedges. Now, the what this chart is is"}, {"start": "00:16:59", "end": "00:17:06", "text": "the others to Bitcoin chart. This is"}, {"start": "00:17:02", "end": "00:17:09", "text": "mass gambling, mass euphoria on altcoins"}, {"start": "00:17:06", "end": "00:17:12", "text": "uh mapped out basically with candles. So"}, {"start": "00:17:09", "end": "00:17:14", "text": "we have two massive descending wedges"}, {"start": "00:17:12", "end": "00:17:15", "text": "that are highlighted here and this is"}, {"start": "00:17:14", "end": "00:17:17", "text": "actually analysis that I did many many"}, {"start": "00:17:15", "end": "00:17:20", "text": "months ago or yeah actually a few months"}, {"start": "00:17:17", "end": "00:17:22", "text": "ago on this chart. Now this is the this"}, {"start": "00:17:20", "end": "00:17:26", "text": "includes Ethereum a lot of the altcoin"}, {"start": "00:17:22", "end": "00:17:28", "text": "sector. Now what we have right now is"}, {"start": "00:17:26", "end": "00:17:29", "text": "we've broken out of this descending"}, {"start": "00:17:28", "end": "00:17:31", "text": "wedge"}, {"start": "00:17:29", "end": "00:17:34", "text": ">> and this is actually very very"}, {"start": "00:17:31", "end": "00:17:36", "text": "comparable on many different metrics to"}, {"start": "00:17:34", "end": "00:17:40", "text": "actually this time zone right here uh"}, {"start": "00:17:36", "end": "00:17:41", "text": "back in the 2019 to 2020 area. So"}, {"start": "00:17:40", "end": "00:17:45", "text": ">> look at that."}, {"start": "00:17:41", "end": "00:17:48", "text": ">> This is matching up not only from a"}, {"start": "00:17:45", "end": "00:17:50", "text": "I guess it's a macroeconomic"}, {"start": "00:17:48", "end": "00:17:52", "text": "metaphysical type vibe because we see"}, {"start": "00:17:50", "end": "00:17:54", "text": "the Treasury going crazy. We see all of"}, {"start": "00:17:52", "end": "00:17:57", "text": "these major monetary pieces breaking and"}, {"start": "00:17:54", "end": "00:18:00", "text": "the reason for printing coming up again"}, {"start": "00:17:57", "end": "00:18:01", "text": "in this season and it takes a lot of"}, {"start": "00:18:00", "end": "00:18:02", "text": "analysis outside of crypto to"}, {"start": "00:18:01", "end": "00:18:05", "text": "acknowledge the season that we're"}, {"start": "00:18:02", "end": "00:18:07", "text": "talking about here. This massive need"}, {"start": "00:18:05", "end": "00:18:09", "text": "for quantitive easing we be it treasury"}, {"start": "00:18:07", "end": "00:18:12", "text": "buybacks, federal balance sheet"}, {"start": "00:18:09", "end": "00:18:14", "text": "expansion and this actually is matching"}, {"start": "00:18:12", "end": "00:18:17", "text": "up really nicely. Now it really does"}, {"start": "00:18:14", "end": "00:18:19", "text": "take some time once you broke out of"}, {"start": "00:18:17", "end": "00:18:20", "text": "this descending wedge for us to see true"}, {"start": "00:18:19", "end": "00:18:24", "text": "up only season. And if you measure it"}, {"start": "00:18:20", "end": "00:18:25", "text": "out to get to that point took about 450"}, {"start": "00:18:24", "end": "00:18:27", "text": "days, right?"}, {"start": "00:18:25", "end": "00:18:29", "text": ">> Yeah. Over a year. Yeah."}, {"start": "00:18:27", "end": "00:18:31", "text": ">> Right. But this is the this is going to"}, {"start": "00:18:29", "end": "00:18:33", "text": "freak people out. I think this is going"}, {"start": "00:18:31", "end": "00:18:36", "text": "to freak people out. So since we broke"}, {"start": "00:18:33", "end": "00:18:38", "text": "out of this, we're already 245 days into"}, {"start": "00:18:36", "end": "00:18:40", "text": "this. This means that if this just"}, {"start": "00:18:38", "end": "00:18:42", "text": "rhymes with history,"}, {"start": "00:18:40", "end": "00:18:45", "text": ">> that this would take us until about May"}, {"start": "00:18:42", "end": "00:18:47", "text": "of 2027 to see this kind of violence"}, {"start": "00:18:45", "end": "00:18:48", "text": "come back to this chart. I think this is"}, {"start": "00:18:47", "end": "00:18:50", "text": "one of the more bullish charts out"}, {"start": "00:18:48", "end": "00:18:52", "text": "there. And I would argue, you know, this"}, {"start": "00:18:50", "end": "00:18:54", "text": "is again pure speculation, but we've"}, {"start": "00:18:52", "end": "00:18:57", "text": "been speedr runninging the rest of this"}, {"start": "00:18:54", "end": "00:19:00", "text": "stuff. Um, and history would say when"}, {"start": "00:18:57", "end": "00:19:02", "text": "there are big money prints, uh, the"}, {"start": "00:19:00", "end": "00:19:03", "text": "amount gets bigger and the time between"}, {"start": "00:19:02", "end": "00:19:05", "text": "them gets smaller. You could, you can go"}, {"start": "00:19:03", "end": "00:19:06", "text": "back throughout history and see that."}, {"start": "00:19:05", "end": "00:19:08", "text": "So, you know, I would argue you could"}, {"start": "00:19:06", "end": "00:19:10", "text": "shave"}, {"start": "00:19:08", "end": "00:19:14", "text": ">> 100 so days off of that. And, you know,"}, {"start": "00:19:10", "end": "00:19:17", "text": "we're seeing early 27 being very very"}, {"start": "00:19:14", "end": "00:19:18", "text": "uh, very below. You said May 27. I could"}, {"start": "00:19:17", "end": "00:19:20", "text": "see it being like February, March. Now,"}, {"start": "00:19:18", "end": "00:19:22", "text": "that's just p you're just like pulling"}, {"start": "00:19:20", "end": "00:19:23", "text": "it out of my head, but"}, {"start": "00:19:22", "end": "00:19:24", "text": ">> well, and [clears throat] here is our"}, {"start": "00:19:23", "end": "00:19:27", "text": "bull market right here. Look at these"}, {"start": "00:19:24", "end": "00:19:29", "text": "are our bull market moments, right? We"}, {"start": "00:19:27", "end": "00:19:32", "text": "were in like the heat of the bull market"}, {"start": "00:19:29", "end": "00:19:34", "text": "right here. That was nothing. Like, we"}, {"start": "00:19:32", "end": "00:19:36", "text": "felt nothing. There's a reason why alts"}, {"start": "00:19:34", "end": "00:19:39", "text": "didn't have any euphoria blowoff top."}, {"start": "00:19:36", "end": "00:19:42", "text": "And this is it visualized. This is I"}, {"start": "00:19:39", "end": "00:19:44", "text": "mean, god, it's been since the actual"}, {"start": "00:19:42", "end": "00:19:46", "text": "recent high on this chart. It's been"}, {"start": "00:19:44", "end": "00:19:50", "text": "January 22 till now"}, {"start": "00:19:46", "end": "00:19:52", "text": ">> 1,700 days of just downhill pain and"}, {"start": "00:19:50", "end": "00:19:53", "text": ">> and that's this is on total right this"}, {"start": "00:19:52", "end": "00:19:55", "text": "on all coins"}, {"start": "00:19:53", "end": "00:19:57", "text": ">> this is on to this is the others this is"}, {"start": "00:19:55", "end": "00:19:59", "text": "everything you know out that's not"}, {"start": "00:19:57", "end": "00:20:02", "text": "Bitcoin others against Bitcoin"}, {"start": "00:19:59", "end": "00:20:05", "text": ">> so that pure spike up region what is"}, {"start": "00:20:02", "end": "00:20:07", "text": "that like January 21 to May and then it"}, {"start": "00:20:05", "end": "00:20:09", "text": "pulls back and then you've got what's"}, {"start": "00:20:07", "end": "00:20:12", "text": "that one that would be like the late one"}, {"start": "00:20:09", "end": "00:20:14", "text": ">> January 22 right"}, {"start": "00:20:12", "end": "00:20:15", "text": ">> wow all the way into 22 but the spike."}, {"start": "00:20:14", "end": "00:20:18", "text": "Where's that first one up?"}, {"start": "00:20:15", "end": "00:20:18", "text": ">> Uh, this one is"}, {"start": "00:20:18", "end": "00:20:20", "text": ">> right here."}, {"start": "00:20:18", "end": "00:20:22", "text": ">> Yeah, the top of that one. It goes down"}, {"start": "00:20:20", "end": "00:20:23", "text": "and then whips saws up. Like that's the"}, {"start": "00:20:22", "end": "00:20:27", "text": "straightest line up."}, {"start": "00:20:23", "end": "00:20:30", "text": ">> Mhm. Yeah. So, this kind of initial peak"}, {"start": "00:20:27", "end": "00:20:32", "text": "here was October 2020, right? So, this"}, {"start": "00:20:30", "end": "00:20:34", "text": "is where we started to see some"}, {"start": "00:20:32", "end": "00:20:37", "text": "momentum. Chain link started running"}, {"start": "00:20:34", "end": "00:20:39", "text": "really early and you know, this is where"}, {"start": "00:20:37", "end": "00:20:42", "text": "the things got really exciting for the"}, {"start": "00:20:39", "end": "00:20:44", "text": "altcoin sector. And the the headiest"}, {"start": "00:20:42", "end": "00:20:46", "text": "part about this is that we're finding"}, {"start": "00:20:44", "end": "00:20:48", "text": "and building support right in this same"}, {"start": "00:20:46", "end": "00:20:51", "text": "pocket. And these are pretty much"}, {"start": "00:20:48", "end": "00:20:53", "text": "picture perfect uh comparisons here."}, {"start": "00:20:51", "end": "00:20:56", "text": "Also, I think it was Matthew Highland"}, {"start": "00:20:53", "end": "00:20:58", "text": "that had this. He highlighted something"}, {"start": "00:20:56", "end": "00:21:00", "text": "very interesting on this same chart with"}, {"start": "00:20:58", "end": "00:21:01", "text": "the Ballinger bands on the two-month"}, {"start": "00:21:00", "end": "00:21:04", "text": "time frame. The compression there"}, {"start": "00:21:01", "end": "00:21:07", "text": "within. This is one of the more exciting"}, {"start": "00:21:04", "end": "00:21:09", "text": "charts that I found. Now, on the monthly"}, {"start": "00:21:07", "end": "00:21:11", "text": "time frame, we have the Ballinger bands."}, {"start": "00:21:09", "end": "00:21:14", "text": "We'll bring it up here and you can see"}, {"start": "00:21:11", "end": "00:21:16", "text": "the pinch point of this compression is"}, {"start": "00:21:14", "end": "00:21:19", "text": "very very strong. This means a massive"}, {"start": "00:21:16", "end": "00:21:21", "text": "move is building up. So this move"}, {"start": "00:21:19", "end": "00:21:23", "text": "actually might come a lot quicker than"}, {"start": "00:21:21", "end": "00:21:27", "text": "we're comfortable with. But it's been"}, {"start": "00:21:23", "end": "00:21:29", "text": "1,700 days since it had its actual"}, {"start": "00:21:27", "end": "00:21:32", "text": "recent peak. And this thing has set"}, {"start": "00:21:29", "end": "00:21:34", "text": "higher highs on each one of its es and"}, {"start": "00:21:32", "end": "00:21:37", "text": "flows. But this is not in line with the"}, {"start": "00:21:34", "end": "00:21:40", "text": "4-year cycle because as I said, Bitcoin"}, {"start": "00:21:37", "end": "00:21:42", "text": "pumped and had a kind of blowoff top"}, {"start": "00:21:40", "end": "00:21:44", "text": "right here in this region where the"}, {"start": "00:21:42", "end": "00:21:47", "text": "others to Bitcoin were just falling and"}, {"start": "00:21:44", "end": "00:21:49", "text": "falling. So this is where"}, {"start": "00:21:47", "end": "00:21:52", "text": "I think things are going to get really"}, {"start": "00:21:49", "end": "00:21:55", "text": "exciting because it would play into my"}, {"start": "00:21:52", "end": "00:21:57", "text": "kind of early hard to measure altcoin"}, {"start": "00:21:55", "end": "00:22:00", "text": "season thesis. chaos theory, crypto"}, {"start": "00:21:57", "end": "00:22:02", "text": "chaos theory that I've been riding on uh"}, {"start": "00:22:00", "end": "00:22:05", "text": "for a little bit, just about two months"}, {"start": "00:22:02", "end": "00:22:07", "text": "now. It's played off so far u to a good"}, {"start": "00:22:05", "end": "00:22:10", "text": "degree. But this is the real chart I"}, {"start": "00:22:07", "end": "00:22:12", "text": "think that we need to acknowledge here"}, {"start": "00:22:10", "end": "00:22:13", "text": "is the others against Bitcoin are"}, {"start": "00:22:12", "end": "00:22:15", "text": "setting up. This is one of the more"}, {"start": "00:22:13", "end": "00:22:17", "text": "bullish charts out there. On the two on"}, {"start": "00:22:15", "end": "00:22:19", "text": "the monthly time frame, you just printed"}, {"start": "00:22:17", "end": "00:22:21", "text": "a green dot. On the twoe time frame,"}, {"start": "00:22:19", "end": "00:22:22", "text": "you're clearly digging yourself out of"}, {"start": "00:22:21", "end": "00:22:24", "text": "the red money flow, printing another"}, {"start": "00:22:22", "end": "00:22:27", "text": "green dot. Here we go down to the"}, {"start": "00:22:24", "end": "00:22:29", "text": "weekly. Another green dot fresh with"}, {"start": "00:22:27", "end": "00:22:30", "text": "plenty of room for momentum waves to"}, {"start": "00:22:29", "end": "00:22:33", "text": "move to the upside. This is one of the"}, {"start": "00:22:30", "end": "00:22:36", "text": "best charts out there. And you know,"}, {"start": "00:22:33", "end": "00:22:39", "text": "this one along with I don't think that"}, {"start": "00:22:36", "end": "00:22:41", "text": "Bitcoin's going to go down and to the"}, {"start": "00:22:39", "end": "00:22:43", "text": "right only like Bitcoin is going to do"}, {"start": "00:22:41", "end": "00:22:46", "text": "its thing, but the altcoin sector has"}, {"start": "00:22:43", "end": "00:22:49", "text": "been absolutely beat down"}, {"start": "00:22:46", "end": "00:22:51", "text": ">> for o, you know, an immense amount of"}, {"start": "00:22:49", "end": "00:22:53", "text": "time. This is where the vibes are so low"}, {"start": "00:22:51", "end": "00:22:55", "text": "in crypto. And the moment that this type"}, {"start": "00:22:53", "end": "00:22:57", "text": "of action starts coming back to the"}, {"start": "00:22:55", "end": "00:22:59", "text": "other's chart, that's where you're going"}, {"start": "00:22:57", "end": "00:23:01", "text": "to see your Uber driver trading while"}, {"start": "00:22:59", "end": "00:23:04", "text": "he's driving you to the airport, maybe"}, {"start": "00:23:01", "end": "00:23:06", "text": "he'll get in a crash, doesn't matter."}, {"start": "00:23:04", "end": "00:23:09", "text": "That's when you know that true FOMO has"}, {"start": "00:23:06", "end": "00:23:11", "text": "come back into the season. So, yeah, a"}, {"start": "00:23:09", "end": "00:23:13", "text": "four-year bare market for alts. Kelly's"}, {"start": "00:23:11", "end": "00:23:14", "text": "been highlighting this as well. So, this"}, {"start": "00:23:13", "end": "00:23:16", "text": "is just the underlying, and this is"}, {"start": "00:23:14", "end": "00:23:18", "text": "where"}, {"start": "00:23:16", "end": "00:23:20", "text": "I know it was out of step for me to get"}, {"start": "00:23:18", "end": "00:23:22", "text": "into altcoins a little bit early a few"}, {"start": "00:23:20", "end": "00:23:26", "text": "months ago. I totally get it, but just"}, {"start": "00:23:22", "end": "00:23:28", "text": "acknowledging how long good technology"}, {"start": "00:23:26", "end": "00:23:30", "text": "has stayed beaten down. I just had to"}, {"start": "00:23:28", "end": "00:23:33", "text": "move back in a little bit early, right?"}, {"start": "00:23:30", "end": "00:23:35", "text": "Um, we're fighting our way out of this"}, {"start": "00:23:33", "end": "00:23:38", "text": "bare market right now for Bitcoin, but"}, {"start": "00:23:35", "end": "00:23:41", "text": "the others in the altcoins are ready to"}, {"start": "00:23:38", "end": "00:23:42", "text": "rip out of this in my opinion. So, I'm"}, {"start": "00:23:41", "end": "00:23:44", "text": "watching this. The Federal Reserve"}, {"start": "00:23:42", "end": "00:23:46", "text": "meeting is going to be coming up in two"}, {"start": "00:23:44", "end": "00:23:48", "text": "days. It's going to be very volatile."}, {"start": "00:23:46", "end": "00:23:49", "text": "So, right around Wednesday, we're going"}, {"start": "00:23:48", "end": "00:23:50", "text": "to have all that chaos hitting the"}, {"start": "00:23:49", "end": "00:23:53", "text": "charts. I don't know why it took away my"}, {"start": "00:23:50", "end": "00:23:55", "text": "graph here, but likely going to be a"}, {"start": "00:23:53", "end": "00:23:58", "text": "raise. Do I think it's going to kill"}, {"start": "00:23:55", "end": "00:24:00", "text": "altcoins and Bitcoin? No. No, I do not."}, {"start": "00:23:58", "end": "00:24:03", "text": "Because these things, even when we got"}, {"start": "00:24:00", "end": "00:24:05", "text": "rate decreases, they didn't send gigas,"}, {"start": "00:24:03", "end": "00:24:07", "text": "Bitcoin, or altcoins at all. So, stop"}, {"start": "00:24:05", "end": "00:24:10", "text": "thinking that the Federal Reserve rate"}, {"start": "00:24:07", "end": "00:24:12", "text": "is going to just send your bags. It's"}, {"start": "00:24:10", "end": "00:24:14", "text": "really, it's what you say all the time."}, {"start": "00:24:12", "end": "00:24:14", "text": "It's expansion of the balance sheet on"}, {"start": "00:24:14", "end": "00:24:15", "text": "the Fed."}, {"start": "00:24:14", "end": "00:24:18", "text": ">> It's true. That's what I was going to"}, {"start": "00:24:15", "end": "00:24:20", "text": "say. I mean, I think we and as crypto"}, {"start": "00:24:18", "end": "00:24:22", "text": "holders sometimes are more are too"}, {"start": "00:24:20", "end": "00:24:23", "text": "hyperfocused. Obviously, it matters. You"}, {"start": "00:24:22", "end": "00:24:24", "text": "need to pay attention to what's going on"}, {"start": "00:24:23", "end": "00:24:27", "text": "with these things, but I don't think"}, {"start": "00:24:24", "end": "00:24:28", "text": "it's as uh critical. And you go you can"}, {"start": "00:24:27", "end": "00:24:31", "text": "go back and look on a chart of the"}, {"start": "00:24:28", "end": "00:24:33", "text": "Bitcoin price overlaid with the fate the"}, {"start": "00:24:31", "end": "00:24:34", "text": "with the rate uh"}, {"start": "00:24:33", "end": "00:24:36", "text": ">> you know the federal funding rate and"}, {"start": "00:24:34", "end": "00:24:38", "text": "it's not there's no clear correlation"}, {"start": "00:24:36", "end": "00:24:40", "text": "that when it's low the price is going"}, {"start": "00:24:38", "end": "00:24:42", "text": "up. I mean, we go up in both"}, {"start": "00:24:40", "end": "00:24:44", "text": "environments. the real decision is money"}, {"start": "00:24:42", "end": "00:24:46", "text": "expansion and that's really what you're"}, {"start": "00:24:44", "end": "00:24:48", "text": "that's the trade when it comes to"}, {"start": "00:24:46", "end": "00:24:50", "text": "Bitcoin is are they massively expanding"}, {"start": "00:24:48", "end": "00:24:52", "text": "the money supply? You want to be in gold"}, {"start": "00:24:50", "end": "00:24:54", "text": "and Bitcoin and that's your long-term"}, {"start": "00:24:52", "end": "00:24:56", "text": "play where history is on your side, time"}, {"start": "00:24:54", "end": "00:24:58", "text": "is on your side. You go back and it's"}, {"start": "00:24:56", "end": "00:24:59", "text": "been happening for a very very very long"}, {"start": "00:24:58", "end": "00:25:02", "text": "time and it's why it continues to go"}, {"start": "00:24:59", "end": "00:25:04", "text": "well. So, uh, it's a I think it's a"}, {"start": "00:25:02", "end": "00:25:05", "text": "little bit this is a big week. I think"}, {"start": "00:25:04", "end": "00:25:08", "text": "because a lot of these things are"}, {"start": "00:25:05", "end": "00:25:10", "text": "happening this week, but I do believe"}, {"start": "00:25:08", "end": "00:25:13", "text": "which we've already said the market has"}, {"start": "00:25:10", "end": "00:25:15", "text": "priced in any downside action. I don't"}, {"start": "00:25:13", "end": "00:25:18", "text": "think it's going to be dramatic. Even if"}, {"start": "00:25:15", "end": "00:25:20", "text": "if we get what's expected, no clarity, a"}, {"start": "00:25:18", "end": "00:25:23", "text": "rate hike, you know, more fear-mongering"}, {"start": "00:25:20", "end": "00:25:27", "text": "around AI, I I expect all that stuff to"}, {"start": "00:25:23", "end": "00:25:29", "text": "continue. Um maybe if the bears are"}, {"start": "00:25:27", "end": "00:25:31", "text": "lucky, like you said, we go down to that"}, {"start": "00:25:29", "end": "00:25:33", "text": "box you just highlighted. And I agree"}, {"start": "00:25:31", "end": "00:25:35", "text": "that's a pretty fair pretty fair take to"}, {"start": "00:25:33", "end": "00:25:37", "text": "think we can go back down and retest"}, {"start": "00:25:35", "end": "00:25:40", "text": "that very healthy in a lot of ways, but"}, {"start": "00:25:37", "end": "00:25:42", "text": "I mean it's not like the market is"}, {"start": "00:25:40", "end": "00:25:44", "text": "overly long or you know like it's pretty"}, {"start": "00:25:42", "end": "00:25:47", "text": "close to 50. I think it's a slightly"}, {"start": "00:25:44", "end": "00:25:48", "text": "long uh I haven't I haven't checked it"}, {"start": "00:25:47", "end": "00:25:50", "text": "recently but"}, {"start": "00:25:48", "end": "00:25:54", "text": ">> like check it out real quick."}, {"start": "00:25:50", "end": "00:25:57", "text": ">> Open interest I believe is barely long."}, {"start": "00:25:54", "end": "00:25:59", "text": "Um, but it's pretty close to 50/50. So,"}, {"start": "00:25:57", "end": "00:26:02", "text": "what gets you those dramatic moves most"}, {"start": "00:25:59", "end": "00:26:04", "text": "time, either a a really, you know, a god"}, {"start": "00:26:02", "end": "00:26:07", "text": "candle up or a flash crash down is"}, {"start": "00:26:04", "end": "00:26:08", "text": "almost always leverage getting wiped."}, {"start": "00:26:07", "end": "00:26:10", "text": "You know, like that big move last time"}, {"start": "00:26:08", "end": "00:26:12", "text": "was a big short squeeze. So,"}, {"start": "00:26:10", "end": "00:26:14", "text": ">> well, and this is I mean, you're just"}, {"start": "00:26:12", "end": "00:26:16", "text": "very clear like they go and they knock"}, {"start": "00:26:14", "end": "00:26:18", "text": "everybody off the off the hill. When"}, {"start": "00:26:16", "end": "00:26:20", "text": "we're ranging like this, you're"}, {"start": "00:26:18", "end": "00:26:22", "text": "basically, you know, you set your stop,"}, {"start": "00:26:20", "end": "00:26:25", "text": "you get hit if you're long, you set your"}, {"start": "00:26:22", "end": "00:26:27", "text": "stop, you get hit if you're short. Um,"}, {"start": "00:26:25", "end": "00:26:29", "text": "this is the mo the monster of Bitcoin"}, {"start": "00:26:27", "end": "00:26:31", "text": "shaking us off of the boat here. So, I"}, {"start": "00:26:29", "end": "00:26:32", "text": "think this is important and I don't"}, {"start": "00:26:31", "end": "00:26:36", "text": "think a lot of people are realizing that"}, {"start": "00:26:32", "end": "00:26:38", "text": "rate hikes to me, I think they're"}, {"start": "00:26:36", "end": "00:26:40", "text": "necessary to keep the bond market at"}, {"start": "00:26:38", "end": "00:26:43", "text": "bay. It's I don't think it really does"}, {"start": "00:26:40", "end": "00:26:46", "text": "anything actually impactful, but it does"}, {"start": "00:26:43", "end": "00:26:47", "text": "[snorts] show it's just posturing at"}, {"start": "00:26:46", "end": "00:26:49", "text": "this point. It's what they need to do to"}, {"start": "00:26:47", "end": "00:26:51", "text": "show like, oh yeah, we're taking this"}, {"start": "00:26:49", "end": "00:26:54", "text": "ser, you know, like the the Fed needs to"}, {"start": "00:26:51", "end": "00:26:57", "text": "show that they will actually do"}, {"start": "00:26:54", "end": "00:26:59", "text": "something. Um, and they're not just a,"}, {"start": "00:26:57", "end": "00:27:00", "text": "you know, a puppet for Trump or for what"}, {"start": "00:26:59", "end": "00:27:03", "text": "they're going to do. So, I think they do"}, {"start": "00:27:00", "end": "00:27:05", "text": "hike the rates and print the money. And"}, {"start": "00:27:03", "end": "00:27:08", "text": "I think that's probably the most likely"}, {"start": "00:27:05", "end": "00:27:10", "text": "scenario where they take rates up that"}, {"start": "00:27:08", "end": "00:27:11", "text": "hopeful because the other thing, you"}, {"start": "00:27:10", "end": "00:27:13", "text": "know, that's going on today is Treasury"}, {"start": "00:27:11", "end": "00:27:14", "text": "rates going up again. You know, the"}, {"start": "00:27:13", "end": "00:27:16", "text": "10-year now going up. So, you got the"}, {"start": "00:27:14", "end": "00:27:18", "text": "two, the 10, and the 30. Those are the"}, {"start": "00:27:16", "end": "00:27:21", "text": "big ones people watch. They're all going"}, {"start": "00:27:18", "end": "00:27:23", "text": "up. Uh, but yeah, 25 basis points is"}, {"start": "00:27:21", "end": "00:27:26", "text": "negligible for all of these things in my"}, {"start": "00:27:23", "end": "00:27:28", "text": "opinion. Um, so they need that's going"}, {"start": "00:27:26", "end": "00:27:31", "text": "to happen and then you're still going to"}, {"start": "00:27:28", "end": "00:27:32", "text": "see Treasury buying and then again watch"}, {"start": "00:27:31", "end": "00:27:33", "text": "the balance sheet of the Fed which has"}, {"start": "00:27:32", "end": "00:27:36", "text": "started to expand some. I haven't looked"}, {"start": "00:27:33", "end": "00:27:38", "text": "at it recently. It's not dramatic but"}, {"start": "00:27:36", "end": "00:27:40", "text": ">> ultimately that is going to be the money"}, {"start": "00:27:38", "end": "00:27:42", "text": "printing is what makes the big"}, {"start": "00:27:40", "end": "00:27:43", "text": "difference. It's not as much what the"}, {"start": "00:27:42", "end": "00:27:45", "text": "Fed funding rate is. I mean it matters"}, {"start": "00:27:43", "end": "00:27:48", "text": "but it's really the bond rates that you"}, {"start": "00:27:45", "end": "00:27:50", "text": "got to keep an eye on and those are you"}, {"start": "00:27:48", "end": "00:27:52", "text": "know what is getting out of control and"}, {"start": "00:27:50", "end": "00:27:55", "text": "the more that those go up that's what"}, {"start": "00:27:52", "end": "00:27:57", "text": "causes the real uh liquidity crunch and"}, {"start": "00:27:55", "end": "00:27:59", "text": "the real issue with the debt and the"}, {"start": "00:27:57", "end": "00:28:01", "text": "interest and all that sort of stuff. So"}, {"start": "00:27:59", "end": "00:28:02", "text": "really what's happening is the US is"}, {"start": "00:28:01", "end": "00:28:04", "text": "trying to roll over their debt. They're"}, {"start": "00:28:02", "end": "00:28:07", "text": "trying to refinance and the rates are"}, {"start": "00:28:04", "end": "00:28:08", "text": "too damn high, you know. So, it's just"}, {"start": "00:28:07", "end": "00:28:09", "text": "just no different than you if you had a"}, {"start": "00:28:08", "end": "00:28:11", "text": "big mortgage that you needed to"}, {"start": "00:28:09", "end": "00:28:13", "text": "refinance and you wanted to refinance"}, {"start": "00:28:11", "end": "00:28:14", "text": "and pull some equity out, but you can't"}, {"start": "00:28:13", "end": "00:28:16", "text": "afford it because the rate's too high."}, {"start": "00:28:14", "end": "00:28:17", "text": "They want to beat that rate down a"}, {"start": "00:28:16", "end": "00:28:21", "text": "little bit. Bet's trying as hard as he"}, {"start": "00:28:17", "end": "00:28:24", "text": "can. Uh market is calling his bluff"}, {"start": "00:28:21", "end": "00:28:25", "text": "effectively. So, he needs Worsh to back,"}, {"start": "00:28:24", "end": "00:28:27", "text": "you know, like it's kind of"}, {"start": "00:28:25", "end": "00:28:31", "text": "counterintuitive, but Worsh raising here"}, {"start": "00:28:27", "end": "00:28:33", "text": "is backing up Bent. It's kind of putting"}, {"start": "00:28:31", "end": "00:28:35", "text": "pressure, putting the ball back in the"}, {"start": "00:28:33", "end": "00:28:36", "text": "bond market or the bond vigilantes is"}, {"start": "00:28:35", "end": "00:28:38", "text": "what they like to call them back in"}, {"start": "00:28:36", "end": "00:28:40", "text": "their court like hey we're we're taking"}, {"start": "00:28:38", "end": "00:28:42", "text": "this step now we're taking that step"}, {"start": "00:28:40", "end": "00:28:46", "text": "like are you really going to keep p you"}, {"start": "00:28:42", "end": "00:28:47", "text": "know like calling our bluff and I think"}, {"start": "00:28:46", "end": "00:28:49", "text": "that will help. I mean either way we'll"}, {"start": "00:28:47", "end": "00:28:50", "text": "get some more data out of it. I you know"}, {"start": "00:28:49", "end": "00:28:52", "text": "that's what will be interesting if they"}, {"start": "00:28:50", "end": "00:28:54", "text": "raise rates a little bit this week you"}, {"start": "00:28:52", "end": "00:28:56", "text": "know does that cool off on the Treasury"}, {"start": "00:28:54", "end": "00:28:58", "text": "yield? you know, so far, or at least"}, {"start": "00:28:56", "end": "00:29:00", "text": "lately, almost every move they've made"}, {"start": "00:28:58", "end": "00:29:02", "text": "hasn't really made a difference. Rates"}, {"start": "00:29:00", "end": "00:29:04", "text": "are going up. And again, a lot of this"}, {"start": "00:29:02", "end": "00:29:07", "text": "is tied to energy. A lot of this is tied"}, {"start": "00:29:04", "end": "00:29:09", "text": "to, you know, what's going on in Iran."}, {"start": "00:29:07", "end": "00:29:10", "text": ">> This is great. We We were talking about"}, {"start": "00:29:09", "end": "00:29:11", "text": "this this morning, the Brent Grood"}, {"start": "00:29:10", "end": "00:29:12", "text": "price."}, {"start": "00:29:11", "end": "00:29:14", "text": ">> Remember, you asked me what happened in"}, {"start": "00:29:12", "end": "00:29:16", "text": "22. It didn't dawn on me, but now it"}, {"start": "00:29:14", "end": "00:29:18", "text": "totally did. You remember when I sent"}, {"start": "00:29:16", "end": "00:29:19", "text": "you that video predicting Ukraine's"}, {"start": "00:29:18", "end": "00:29:20", "text": "going to get invaded"}, {"start": "00:29:19", "end": "00:29:24", "text": ">> by Russia?"}, {"start": "00:29:20", "end": "00:29:26", "text": ">> That was it in 22. It was the oil uh"}, {"start": "00:29:24", "end": "00:29:29", "text": "spike from the Russian invasion of"}, {"start": "00:29:26", "end": "00:29:31", "text": "Ukraine. So we had that massive spike."}, {"start": "00:29:29", "end": "00:29:34", "text": "The war didn't stop. The prices"}, {"start": "00:29:31", "end": "00:29:37", "text": "collapsed still. Um you know just market"}, {"start": "00:29:34", "end": "00:29:40", "text": "reacting to a fresh war. Now we have the"}, {"start": "00:29:37", "end": "00:29:42", "text": "new war with Iran. And this this Chad is"}, {"start": "00:29:40", "end": "00:29:46", "text": "undefeated. The odds of dying are"}, {"start": "00:29:42", "end": "00:29:49", "text": "absolutely 100%. Enjoy life. Duh, right?"}, {"start": "00:29:46", "end": "00:29:51", "text": "Like we're going to see the end either"}, {"start": "00:29:49", "end": "00:29:53", "text": "way. like sitting here just assuming"}, {"start": "00:29:51", "end": "00:29:54", "text": "that it's going to be the end all be"}, {"start": "00:29:53", "end": "00:29:56", "text": "all. All markets are going to crash"}, {"start": "00:29:54", "end": "00:29:59", "text": "only. What you're seeing is a collapse"}, {"start": "00:29:56", "end": "00:30:01", "text": "up and I am kicking myself for not"}, {"start": "00:29:59", "end": "00:30:07", "text": "getting this stupid ETF. The shipping"}, {"start": "00:30:01", "end": "00:30:10", "text": "tanker ETF break is up 1,300% in a year"}, {"start": "00:30:07", "end": "00:30:12", "text": "since this war began. So, um it's just"}, {"start": "00:30:10", "end": "00:30:13", "text": ">> don't buy it now. I'm not Don't Don't"}, {"start": "00:30:12", "end": "00:30:16", "text": "buy it now. I'll just say that."}, {"start": "00:30:13", "end": "00:30:18", "text": ">> I know. Well, you know, this is a, you"}, {"start": "00:30:16", "end": "00:30:21", "text": "know, I still see the XRP people out"}, {"start": "00:30:18", "end": "00:30:24", "text": "there. You know,$140 XRP, no one goes."}, {"start": "00:30:21", "end": "00:30:26", "text": "$100 XRP, everybody's going to be at the"}, {"start": "00:30:24", "end": "00:30:28", "text": "ticket window. All coin bros are still"}, {"start": "00:30:26", "end": "00:30:29", "text": "there. They And these are the kind of"}, {"start": "00:30:28", "end": "00:30:31", "text": "people that are going to win. Not"}, {"start": "00:30:29", "end": "00:30:34", "text": "because XRP is going to hit $100, but"}, {"start": "00:30:31", "end": "00:30:37", "text": "because, you know, they have a belief in"}, {"start": "00:30:34", "end": "00:30:41", "text": "an asset that maybe is technically"}, {"start": "00:30:37", "end": "00:30:42", "text": "useless, but has a giant cul. And you"}, {"start": "00:30:41", "end": "00:30:45", "text": "know it it's going to rise. I feel like"}, {"start": "00:30:42", "end": "00:30:47", "text": "XRP is going to rise. When you compare"}, {"start": "00:30:45", "end": "00:30:48", "text": "XRP to a lot of other altcoins, it's"}, {"start": "00:30:47", "end": "00:30:50", "text": "going to do pretty decent. And the"}, {"start": "00:30:48", "end": "00:30:52", "text": "altcoin sector with all this doom and"}, {"start": "00:30:50", "end": "00:30:55", "text": "gloom isn't doing too bad. I mean, we"}, {"start": "00:30:52", "end": "00:30:57", "text": "still have slight winners. Like Pancake"}, {"start": "00:30:55", "end": "00:31:01", "text": "Swap's been up 65% over the last 30"}, {"start": "00:30:57", "end": "00:31:03", "text": "days. Filecoin with a massive 7.3%"}, {"start": "00:31:01", "end": "00:31:06", "text": "move. And this is a great take on"}, {"start": "00:31:03", "end": "00:31:09", "text": "Filecoin. If you can't handle the 99%"}, {"start": "00:31:06", "end": "00:31:11", "text": "dumps, you don't deserve the 30% pumps,"}, {"start": "00:31:09", "end": "00:31:14", "text": "man. Spoken like a legend. This is"}, {"start": "00:31:11", "end": "00:31:15", "text": "incredible. Um, this is the vibe though."}, {"start": "00:31:14", "end": "00:31:18", "text": "Right now, we're celebrating this chart"}, {"start": "00:31:15", "end": "00:31:20", "text": "right here. Filecoin. [laughter]"}, {"start": "00:31:18", "end": "00:31:22", "text": ">> Some of these are going to die for good,"}, {"start": "00:31:20", "end": "00:31:24", "text": "but you know, I mean, we're at a"}, {"start": "00:31:22", "end": "00:31:26", "text": "generalized low. It gets exciting to"}, {"start": "00:31:24", "end": "00:31:29", "text": "start speculating in this season. Like,"}, {"start": "00:31:26", "end": "00:31:30", "text": "I know you had you'd been watching Near"}, {"start": "00:31:29", "end": "00:31:33", "text": ">> uh for the last few weeks. Near is one"}, {"start": "00:31:30", "end": "00:31:34", "text": "of the better looking uh altcoin charts"}, {"start": "00:31:33", "end": "00:31:37", "text": "out there. I feel like"}, {"start": "00:31:34", "end": "00:31:38", "text": ">> I'm actually yeah I'm I'm building I've"}, {"start": "00:31:37", "end": "00:31:41", "text": "got a little bit of near not much but"}, {"start": "00:31:38", "end": "00:31:43", "text": "I'm building that position up uh as we"}, {"start": "00:31:41", "end": "00:31:45", "text": "speak or you know last week and still"}, {"start": "00:31:43", "end": "00:31:48", "text": "have some more steps hopefully to go"}, {"start": "00:31:45", "end": "00:31:52", "text": "this week. So yeah near what I'm looking"}, {"start": "00:31:48", "end": "00:31:54", "text": "for when it comes to altcoins is a is a"}, {"start": "00:31:52", "end": "00:31:56", "text": "little bit uh with somebody who's doing"}, {"start": "00:31:54", "end": "00:31:58", "text": "something that nobody else is doing if"}, {"start": "00:31:56", "end": "00:32:00", "text": "that makes sense. you know, obviously,"}, {"start": "00:31:58", "end": "00:32:02", "text": "you know, you got Ethereum and Salana as"}, {"start": "00:32:00", "end": "00:32:04", "text": "the layer ones, but rather than go"}, {"start": "00:32:02", "end": "00:32:06", "text": "further down that layer one chain, I'm"}, {"start": "00:32:04", "end": "00:32:08", "text": "looking for, you know, Venice was a"}, {"start": "00:32:06", "end": "00:32:10", "text": "little bit unique and, you know, some of"}, {"start": "00:32:08", "end": "00:32:12", "text": "these DeFi projects and protocols like"}, {"start": "00:32:10", "end": "00:32:14", "text": "doesn't have to be"}, {"start": "00:32:12", "end": "00:32:16", "text": "the only one doing it, but I don't want"}, {"start": "00:32:14", "end": "00:32:18", "text": "you're not like, for example, all of the"}, {"start": "00:32:16", "end": "00:32:20", "text": "other layer ones are like, oh, we're"}, {"start": "00:32:18", "end": "00:32:22", "text": "same. We're all smart contract"}, {"start": "00:32:20", "end": "00:32:24", "text": "platforms, but we're a little faster or"}, {"start": "00:32:22", "end": "00:32:25", "text": "we're a little cheaper. Like to me, I"}, {"start": "00:32:24", "end": "00:32:27", "text": "don't think that's going to fly anymore."}, {"start": "00:32:25", "end": "00:32:29", "text": "you need to have something that isn't"}, {"start": "00:32:27", "end": "00:32:33", "text": "easy for them to roll into. So, for"}, {"start": "00:32:29", "end": "00:32:35", "text": "example, like Ethereum can't just"}, {"start": "00:32:33", "end": "00:32:37", "text": "do what Near's doing, right? Like some"}, {"start": "00:32:35", "end": "00:32:39", "text": "of these other chains can't just take"}, {"start": "00:32:37", "end": "00:32:41", "text": "that technology and put it on their road"}, {"start": "00:32:39", "end": "00:32:43", "text": "map and roll it in over the next few"}, {"start": "00:32:41", "end": "00:32:45", "text": "years. If you if you like what they're"}, {"start": "00:32:43", "end": "00:32:47", "text": "doing, you have to use them. You know,"}, {"start": "00:32:45", "end": "00:32:51", "text": "kind of to the point that Venice VBV is"}, {"start": "00:32:47", "end": "00:32:54", "text": "using Near Intense and uh Zcash is very"}, {"start": "00:32:51", "end": "00:32:56", "text": "similar using it. So, as AI and privacy"}, {"start": "00:32:54", "end": "00:32:58", "text": "kind of rise up, I could see Near"}, {"start": "00:32:56", "end": "00:33:00", "text": "performing pretty well. They've got some"}, {"start": "00:32:58", "end": "00:33:03", "text": "novel technology. They've got some"}, {"start": "00:33:00", "end": "00:33:05", "text": "actual applications that are successful"}, {"start": "00:33:03", "end": "00:33:07", "text": "using their technology. And yeah, that"}, {"start": "00:33:05", "end": "00:33:09", "text": "could be an aggressive one. And I I"}, {"start": "00:33:07", "end": "00:33:12", "text": "don't know if I have it here, but I saw"}, {"start": "00:33:09", "end": "00:33:14", "text": "somewhere today"}, {"start": "00:33:12", "end": "00:33:17", "text": "um I don't know where that went, but"}, {"start": "00:33:14", "end": "00:33:21", "text": "socially when it comes to AI, obviously"}, {"start": "00:33:17", "end": "00:33:22", "text": "Near and Tao are very I think Near is"}, {"start": "00:33:21", "end": "00:33:25", "text": "far and away number one getting talked"}, {"start": "00:33:22", "end": "00:33:27", "text": "about lately as far as uh mentions on"}, {"start": "00:33:25", "end": "00:33:29", "text": "the on the timeline. So"}, {"start": "00:33:27", "end": "00:33:31", "text": ">> I don't know and and it fits into my"}, {"start": "00:33:29", "end": "00:33:33", "text": "alpha beta method that I use a lot. I"}, {"start": "00:33:31", "end": "00:33:35", "text": "talk about this in school where I get"}, {"start": "00:33:33", "end": "00:33:37", "text": "the top two. So, I've got Tao, a"}, {"start": "00:33:35", "end": "00:33:39", "text": "position in Tao, and a position in Near."}, {"start": "00:33:37", "end": "00:33:41", "text": "I don't need to go too much further down"}, {"start": "00:33:39", "end": "00:33:43", "text": "the list. That covers me when it comes"}, {"start": "00:33:41", "end": "00:33:46", "text": "to AI. You know, I do have some VVV. You"}, {"start": "00:33:43", "end": "00:33:49", "text": "guys know that. But, um, yeah, I think"}, {"start": "00:33:46", "end": "00:33:51", "text": "near very strong infra play for an, you"}, {"start": "00:33:49", "end": "00:33:54", "text": "know, AI. Now, it's still massive"}, {"start": "00:33:51", "end": "00:33:57", "text": "speculation, massive. Um, it's got to"}, {"start": "00:33:54", "end": "00:33:59", "text": "prove out, but so far I uh I think this"}, {"start": "00:33:57", "end": "00:34:01", "text": "this is where I I I have a small"}, {"start": "00:33:59", "end": "00:34:03", "text": "position in this relative to my whole"}, {"start": "00:34:01", "end": "00:34:04", "text": "portfolio. Obviously, I'm still mostly"}, {"start": "00:34:03", "end": "00:34:06", "text": "Bitcoin and Ethereum, but this is one of"}, {"start": "00:34:04", "end": "00:34:08", "text": "those ones. My"}, {"start": "00:34:06", "end": "00:34:10", "text": ">> any altcoin I have, the reason I have it"}, {"start": "00:34:08", "end": "00:34:12", "text": "is because I think it can get me more"}, {"start": "00:34:10", "end": "00:34:16", "text": "Bitcoin. And Near is one of those ones"}, {"start": "00:34:12", "end": "00:34:19", "text": "that I think, hey, if Bitcoin 2xes, Near"}, {"start": "00:34:16", "end": "00:34:22", "text": "might 10x, you know, Bitcoin more than"}, {"start": "00:34:19", "end": "00:34:24", "text": "2xes, you know, near could, you know, I"}, {"start": "00:34:22", "end": "00:34:26", "text": "don't know, it it gets it can get very"}, {"start": "00:34:24", "end": "00:34:28", "text": "bullish once if it hits new all-time"}, {"start": "00:34:26", "end": "00:34:30", "text": "high, gets into discovery, all that sort"}, {"start": "00:34:28", "end": "00:34:32", "text": "of stuff. So, if we see the end of"}, {"start": "00:34:30", "end": "00:34:34", "text": "diminished returns, which is again what"}, {"start": "00:34:32", "end": "00:34:36", "text": "I'm predicting, we could see some very"}, {"start": "00:34:34", "end": "00:34:38", "text": "very very uh good prices on some of"}, {"start": "00:34:36", "end": "00:34:41", "text": "these. Near has definitely got my and"}, {"start": "00:34:38", "end": "00:34:43", "text": "for a few different reasons. You you can"}, {"start": "00:34:41", "end": "00:34:45", "text": "see on the weekly time frame, it's one"}, {"start": "00:34:43", "end": "00:34:48", "text": "of the few altcoins that's been able to"}, {"start": "00:34:45", "end": "00:34:50", "text": "print kind of recent uh bullish green"}, {"start": "00:34:48", "end": "00:34:52", "text": "dots on the weekly. Now, right now, I"}, {"start": "00:34:50", "end": "00:34:54", "text": "mean, I think this this week's going to"}, {"start": "00:34:52", "end": "00:34:57", "text": "probably be a little bit shaky."}, {"start": "00:34:54", "end": "00:34:59", "text": "I I just feel like this thing, what I"}, {"start": "00:34:57", "end": "00:35:02", "text": "talk about all the time is just looking"}, {"start": "00:34:59", "end": "00:35:04", "text": "for a very basic signal on good alts to"}, {"start": "00:35:02", "end": "00:35:07", "text": "have higher lows through multiple"}, {"start": "00:35:04", "end": "00:35:10", "text": "cycles. If it's a multiple cycle altcoin"}, {"start": "00:35:07", "end": "00:35:11", "text": "project, I do like seeing higher lows."}, {"start": "00:35:10", "end": "00:35:13", "text": "Uh let's see here. My alt bags help me"}, {"start": "00:35:11", "end": "00:35:16", "text": "earn more Bitcoin and pay off my house."}, {"start": "00:35:13", "end": "00:35:19", "text": "Exactly. I mean, and this is altcoin."}, {"start": "00:35:16", "end": "00:35:21", "text": "Altcoin season seasonality is important"}, {"start": "00:35:19", "end": "00:35:23", "text": "in that understanding because you go"}, {"start": "00:35:21", "end": "00:35:25", "text": "into alts when things look like they're"}, {"start": "00:35:23", "end": "00:35:27", "text": "about to get feverish again and then you"}, {"start": "00:35:25", "end": "00:35:29", "text": "get out of them as you start to lose"}, {"start": "00:35:27", "end": "00:35:31", "text": "some of those bigger moving averages on"}, {"start": "00:35:29", "end": "00:35:33", "text": "Bitcoin and kind of flush back to the"}, {"start": "00:35:31", "end": "00:35:37", "text": "downside. It's like a wave that goes up"}, {"start": "00:35:33", "end": "00:35:39", "text": "and down. But for near, I really really"}, {"start": "00:35:37", "end": "00:35:41", "text": "do like the general design of this"}, {"start": "00:35:39", "end": "00:35:43", "text": "chart. I know it looks, you know, kind"}, {"start": "00:35:41", "end": "00:35:45", "text": "of chaotic why I would like this, but"}, {"start": "00:35:43", "end": "00:35:47", "text": "it's got a lot more buoyancy than these"}, {"start": "00:35:45", "end": "00:35:50", "text": "other altcoins have. Now, Salana is"}, {"start": "00:35:47", "end": "00:35:53", "text": "another major alt that I like tracking."}, {"start": "00:35:50", "end": "00:35:54", "text": "Um, last week I was looking at the top"}, {"start": "00:35:53", "end": "00:35:58", "text": "end of this channel being retested"}, {"start": "00:35:54", "end": "00:36:01", "text": "around the 902 zone right now. That does"}, {"start": "00:35:58", "end": "00:36:04", "text": "seem probable for Salana. Some of that"}, {"start": "00:36:01", "end": "00:36:07", "text": "downturn action on this VWAP is starting"}, {"start": "00:36:04", "end": "00:36:09", "text": "to play out. these moving a the uh not"}, {"start": "00:36:07", "end": "00:36:11", "text": "moving averages but the momentum waves"}, {"start": "00:36:09", "end": "00:36:13", "text": "are about to cross over and print a red"}, {"start": "00:36:11", "end": "00:36:15", "text": "dot as well. So I think a little bit of"}, {"start": "00:36:13", "end": "00:36:17", "text": "hold up and wait type action is coming"}, {"start": "00:36:15", "end": "00:36:19", "text": "to some of the larger altcoins but that"}, {"start": "00:36:17", "end": "00:36:22", "text": "actually is a really really good thing"}, {"start": "00:36:19", "end": "00:36:25", "text": "for me uh because I like I like zones of"}, {"start": "00:36:22", "end": "00:36:28", "text": "low buying opportunity to be extended."}, {"start": "00:36:25", "end": "00:36:30", "text": "Now something has caught my and I've"}, {"start": "00:36:28", "end": "00:36:33", "text": "been watching this"}, {"start": "00:36:30", "end": "00:36:35", "text": ">> Avalanche drives me nuts. Avalanche"}, {"start": "00:36:33", "end": "00:36:36", "text": "drives me nut. It's been on my mind. I"}, {"start": "00:36:35", "end": "00:36:39", "text": "know it drives you a little crazy, too."}, {"start": "00:36:36", "end": "00:36:40", "text": "Uh, you know, I think you're still in"}, {"start": "00:36:39", "end": "00:36:42", "text": "position, right? And I"}, {"start": "00:36:40", "end": "00:36:43", "text": ">> I have some. Yeah, it's again, same."}, {"start": "00:36:42", "end": "00:36:45", "text": "It's more"}, {"start": "00:36:43", "end": "00:36:47", "text": ">> Yeah, I've been holding it for a long"}, {"start": "00:36:45", "end": "00:36:48", "text": "time. I just haven't been willing to"}, {"start": "00:36:47", "end": "00:36:50", "text": "call it on that one yet like I did on"}, {"start": "00:36:48", "end": "00:36:53", "text": "Cardon. I've been this close many times."}, {"start": "00:36:50", "end": "00:36:55", "text": "But right before you There is this uh by"}, {"start": "00:36:53", "end": "00:36:57", "text": "the way, UAE to integrate Avalanche"}, {"start": "00:36:55", "end": "00:36:59", "text": "blockchain into its national digital"}, {"start": "00:36:57", "end": "00:37:01", "text": "identity platform. So, oh wait, I'm"}, {"start": "00:36:59", "end": "00:37:02", "text": "showing the wrong There you go."}, {"start": "00:37:01", "end": "00:37:06", "text": ">> It's got stuff going for it though. like"}, {"start": "00:37:02", "end": "00:37:07", "text": "it's, you know, the UAE."}, {"start": "00:37:06", "end": "00:37:11", "text": ">> Yeah, such a hard choice."}, {"start": "00:37:07", "end": "00:37:13", "text": ">> I I I haven't I have it, you know, I"}, {"start": "00:37:11", "end": "00:37:14", "text": "have low exp at this point. It's just"}, {"start": "00:37:13", "end": "00:37:17", "text": "kind of like I'm going to try to forget"}, {"start": "00:37:14", "end": "00:37:18", "text": "about it and, you know, if it can get"}, {"start": "00:37:17", "end": "00:37:19", "text": "out of if it can break out of that"}, {"start": "00:37:18", "end": "00:37:21", "text": "range, great. I'll roll it back into"}, {"start": "00:37:19", "end": "00:37:26", "text": "Bitcoin. But"}, {"start": "00:37:21", "end": "00:37:28", "text": ">> yeah, Avalanche, I mean, from for all"}, {"start": "00:37:26", "end": "00:37:30", "text": "for all of the magic that's happened to"}, {"start": "00:37:28", "end": "00:37:32", "text": "alts lately or some of the top alts, I"}, {"start": "00:37:30", "end": "00:37:34", "text": "mean, are hitting all-time highs in this"}, {"start": "00:37:32", "end": "00:37:36", "text": "environment. Avalanche has not caught"}, {"start": "00:37:34", "end": "00:37:40", "text": "any sort of bid. It's still hanging"}, {"start": "00:37:36", "end": "00:37:42", "text": "around the $7.40 mark. I'm happy I've"}, {"start": "00:37:40", "end": "00:37:44", "text": "faded it so far. Now I'm starting to"}, {"start": "00:37:42", "end": "00:37:45", "text": "question myself because it is trying to"}, {"start": "00:37:44", "end": "00:37:47", "text": "hit the brakes on this bleed. We're"}, {"start": "00:37:45", "end": "00:37:50", "text": "seeing some continued integrations with"}, {"start": "00:37:47", "end": "00:37:54", "text": "the UAE. tokenization is still something"}, {"start": "00:37:50", "end": "00:37:57", "text": "that is looking decent on Avalanche as"}, {"start": "00:37:54", "end": "00:38:00", "text": "far as a chain and it's good technology."}, {"start": "00:37:57", "end": "00:38:02", "text": "Um, you know, maybe I just need to stick"}, {"start": "00:38:00", "end": "00:38:05", "text": "with my general plan if I see it go into"}, {"start": "00:38:02", "end": "00:38:08", "text": "the four to5 range, feel enticed there"}, {"start": "00:38:05", "end": "00:38:10", "text": "at this original release point. For the"}, {"start": "00:38:08", "end": "00:38:13", "text": "time being though, Avalanche, I will"}, {"start": "00:38:10", "end": "00:38:16", "text": "warn you that I've seen bigger projects"}, {"start": "00:38:13", "end": "00:38:18", "text": "than Avalanche die before in crypto. So"}, {"start": "00:38:16", "end": "00:38:19", "text": "that's why I'm having to be real"}, {"start": "00:38:18", "end": "00:38:21", "text": "hesitant because I'm not getting any"}, {"start": "00:38:19", "end": "00:38:23", "text": "clear signal on the weekly time frame."}, {"start": "00:38:21", "end": "00:38:25", "text": "On the two week it looks pretty decent,"}, {"start": "00:38:23", "end": "00:38:27", "text": "but the upswing is quite muted and"}, {"start": "00:38:25", "end": "00:38:30", "text": "that's what's making me concerned just"}, {"start": "00:38:27", "end": "00:38:33", "text": "in general flows. It's been outpaced by"}, {"start": "00:38:30", "end": "00:38:35", "text": "a lot of other projects. Now um another"}, {"start": "00:38:33", "end": "00:38:36", "text": "one that I want to talk about that I"}, {"start": "00:38:35", "end": "00:38:40", "text": "generally feel structurally good about"}, {"start": "00:38:36", "end": "00:38:42", "text": "is Aerod Drrome. And Aerodrome looks"}, {"start": "00:38:40", "end": "00:38:44", "text": "more bullish than most of these alts."}, {"start": "00:38:42", "end": "00:38:46", "text": "very weak downturns as of the last few"}, {"start": "00:38:44", "end": "00:38:48", "text": "months in Aerod Drrome's price. It's"}, {"start": "00:38:46", "end": "00:38:51", "text": "defending 30 cents like an absolute"}, {"start": "00:38:48", "end": "00:38:53", "text": "savage sitting right around 57 cents"}, {"start": "00:38:51", "end": "00:38:56", "text": "right now. Uh and riding up a general"}, {"start": "00:38:53", "end": "00:39:00", "text": "trend line of higher lows for the recent"}, {"start": "00:38:56", "end": "00:39:02", "text": "time frame. I look at Aerod Drrome as a"}, {"start": "00:39:00", "end": "00:39:04", "text": "project that's probably going to be held"}, {"start": "00:39:02", "end": "00:39:06", "text": "back a little bit over the course of"}, {"start": "00:39:04", "end": "00:39:08", "text": "this week if we see that Clarity Act not"}, {"start": "00:39:06", "end": "00:39:10", "text": "move forward and general raising of"}, {"start": "00:39:08", "end": "00:39:14", "text": "interest rates. It's not like glow up"}, {"start": "00:39:10", "end": "00:39:16", "text": "season in general. I could stay with my"}, {"start": "00:39:14", "end": "00:39:18", "text": "thesis that anything from the 50 cent"}, {"start": "00:39:16", "end": "00:39:21", "text": "down to 30 cent region is a good"}, {"start": "00:39:18", "end": "00:39:23", "text": "additional buy point for Aerod Drrome,"}, {"start": "00:39:21", "end": "00:39:25", "text": "but Aerodrome is one of the newer"}, {"start": "00:39:23", "end": "00:39:29", "text": "projects out there that I think is going"}, {"start": "00:39:25", "end": "00:39:31", "text": "to rise. I believe Aerodrome is like"}, {"start": "00:39:29", "end": "00:39:34", "text": "number 50 or so. Oh yeah, this is Black"}, {"start": "00:39:31", "end": "00:39:36", "text": "Dragon. I can't help I can't help but"}, {"start": "00:39:34", "end": "00:39:38", "text": "keep my eye on Black Dragon. I know I'm"}, {"start": "00:39:36", "end": "00:39:39", "text": "a degenerate DJ."}, {"start": "00:39:38", "end": "00:39:40", "text": ">> What the heck is that? Is that a meme"}, {"start": "00:39:39", "end": "00:39:42", "text": "coin?"}, {"start": "00:39:40", "end": "00:39:43", "text": ">> It's a memecoin on near's protocol that"}, {"start": "00:39:42", "end": "00:39:46", "text": "you know it's just it's in the"}, {"start": "00:39:43", "end": "00:39:49", "text": "background and I'm watching Near kind of"}, {"start": "00:39:46", "end": "00:39:52", "text": "in tandem with the uh with the uh black"}, {"start": "00:39:49", "end": "00:39:54", "text": "dragon price. I believe the founder had"}, {"start": "00:39:52", "end": "00:39:59", "text": "some connection to black dragon. It's an"}, {"start": "00:39:54", "end": "00:40:02", "text": "old school basement play. Now aerodyome"}, {"start": "00:39:59", "end": "00:40:04", "text": "let's see here. So it's number 79 and"}, {"start": "00:40:02", "end": "00:40:06", "text": "its market cap compared to the rest of"}, {"start": "00:40:04", "end": "00:40:08", "text": "the market very very small. This is"}, {"start": "00:40:06", "end": "00:40:09", "text": "something conceptually that"}, {"start": "00:40:08", "end": "00:40:11", "text": "[clears throat]"}, {"start": "00:40:09", "end": "00:40:13", "text": "I could see Aer Drone going to 5 to10"}, {"start": "00:40:11", "end": "00:40:15", "text": "billion with the rate of tokenization"}, {"start": "00:40:13", "end": "00:40:19", "text": "being where it's at right now with"}, {"start": "00:40:15", "end": "00:40:22", "text": "relative ease. I I do feel like that."}, {"start": "00:40:19", "end": "00:40:24", "text": "Now, this is where I'm at a huge"}, {"start": "00:40:22", "end": "00:40:27", "text": "decision point because I feel like"}, {"start": "00:40:24", "end": "00:40:29", "text": "tokenization is a strong play. I feel"}, {"start": "00:40:27", "end": "00:40:31", "text": "like base is a strong play and a drone"}, {"start": "00:40:29", "end": "00:40:34", "text": "is still that structural pillar of it."}, {"start": "00:40:31", "end": "00:40:36", "text": "So, I might have to start getting more"}, {"start": "00:40:34", "end": "00:40:37", "text": "heavy-handed in my entry points for for"}, {"start": "00:40:36", "end": "00:40:40", "text": "Aer Drrome. But the thing that's holding"}, {"start": "00:40:37", "end": "00:40:43", "text": "me back is I'm trying to get this under"}, {"start": "00:40:40", "end": "00:40:45", "text": "30 cent entry point. You know, I started"}, {"start": "00:40:43", "end": "00:40:49", "text": "moving into it in the mid-40s and I"}, {"start": "00:40:45", "end": "00:40:51", "text": "really want to get this mid uh mid30cent"}, {"start": "00:40:49", "end": "00:40:53", "text": "entry point to happen. I might not get"}, {"start": "00:40:51", "end": "00:40:55", "text": "it though. I might not get it. I might"}, {"start": "00:40:53", "end": "00:40:57", "text": "have to sit here waiting forever for"}, {"start": "00:40:55", "end": "00:41:00", "text": "this thing. I might just have to move"}, {"start": "00:40:57", "end": "00:41:00", "text": "ahead of my time to get it. I don't"}, {"start": "00:41:00", "end": "00:41:02", "text": "know."}, {"start": "00:41:00", "end": "00:41:04", "text": ">> Yeah. I mean the tokenized stock thing"}, {"start": "00:41:02", "end": "00:41:06", "text": "is probably going to be very very I mean"}, {"start": "00:41:04", "end": "00:41:08", "text": "it already is you know the kind of most"}, {"start": "00:41:06", "end": "00:41:10", "text": "prevalent narrative going on in crypto"}, {"start": "00:41:08", "end": "00:41:13", "text": "right now. Aerodrome big beneficiary of"}, {"start": "00:41:10", "end": "00:41:15", "text": "that uni on Robin Hood. So you know but"}, {"start": "00:41:13", "end": "00:41:17", "text": "Coinbase"}, {"start": "00:41:15", "end": "00:41:19", "text": ">> creating on Aerod Drrome creating one of"}, {"start": "00:41:17", "end": "00:41:22", "text": "the most efficient ways to get exposure"}, {"start": "00:41:19", "end": "00:41:24", "text": "to this. Yeah, you may not want to wait"}, {"start": "00:41:22", "end": "00:41:26", "text": "too long. I mean it's it's it may or may"}, {"start": "00:41:24", "end": "00:41:27", "text": "not ever see those levels again. like if"}, {"start": "00:41:26", "end": "00:41:30", "text": "you get this wash out on Bitcoin, if"}, {"start": "00:41:27", "end": "00:41:31", "text": "Bitcoin obviously, you know, controls"}, {"start": "00:41:30", "end": "00:41:32", "text": "the whole market. So, if it goes down"}, {"start": "00:41:31", "end": "00:41:34", "text": "substantially, you might get an"}, {"start": "00:41:32", "end": "00:41:37", "text": "opportunity like that on there. But I"}, {"start": "00:41:34", "end": "00:41:39", "text": ">> I think the the best opportunity on some"}, {"start": "00:41:37", "end": "00:41:40", "text": "of these things is likely behind us when"}, {"start": "00:41:39", "end": "00:41:42", "text": "we saw those really low prices on"}, {"start": "00:41:40", "end": "00:41:45", "text": "Bitcoin. So,"}, {"start": "00:41:42", "end": "00:41:47", "text": ">> yeah, I'm I'm well positioned in it,"}, {"start": "00:41:45", "end": "00:41:49", "text": "running, you know, using it, running uh"}, {"start": "00:41:47", "end": "00:41:51", "text": "you know, locking it, running pools, all"}, {"start": "00:41:49", "end": "00:41:53", "text": "that sort of stuff. and uh yeah,"}, {"start": "00:41:51", "end": "00:41:55", "text": "starting to you know, you're a fee"}, {"start": "00:41:53", "end": "00:41:57", "text": "holder, so you earn based on the"}, {"start": "00:41:55", "end": "00:41:58", "text": "protocol, all that sort of stuff. It's"}, {"start": "00:41:57", "end": "00:42:00", "text": "one of the ones I have. What's the"}, {"start": "00:41:58", "end": "00:42:01", "text": "circulating supply on it compared to the"}, {"start": "00:42:00", "end": "00:42:02", "text": "total? If you scroll down a little bit,"}, {"start": "00:42:01", "end": "00:42:06", "text": "I have it right there."}, {"start": "00:42:02", "end": "00:42:09", "text": ">> Check that out. It's about 1.9 total and"}, {"start": "00:42:06", "end": "00:42:11", "text": "it's at just about a billion tokens. So,"}, {"start": "00:42:09", "end": "00:42:13", "text": ">> I'm a lot more sensitive to this than I"}, {"start": "00:42:11", "end": "00:42:14", "text": "once was. You know, I This is one of the"}, {"start": "00:42:13", "end": "00:42:17", "text": "few that I have that doesn't, you know,"}, {"start": "00:42:14", "end": "00:42:20", "text": "that only about 50% or even less than"}, {"start": "00:42:17", "end": "00:42:24", "text": "50% is circulating. Um I I saw that as"}, {"start": "00:42:20", "end": "00:42:26", "text": "being a major um detractor for a lot of"}, {"start": "00:42:24", "end": "00:42:27", "text": "altcoins even in the last cycle"}, {"start": "00:42:26", "end": "00:42:28", "text": "especially in a bare market. That's"}, {"start": "00:42:27", "end": "00:42:30", "text": "where they get beaten down because you"}, {"start": "00:42:28", "end": "00:42:31", "text": "got the supply just keeps coming out"}, {"start": "00:42:30", "end": "00:42:33", "text": "keeps coming out and if there's not the"}, {"start": "00:42:31", "end": "00:42:33", "text": "demand to keep up with it you know it"}, {"start": "00:42:33", "end": "00:42:35", "text": "just"}, {"start": "00:42:33", "end": "00:42:37", "text": ">> you just keep get beat down. That's"}, {"start": "00:42:35", "end": "00:42:40", "text": "another reason I like near. It's 100%"}, {"start": "00:42:37", "end": "00:42:42", "text": "circulating. So I'm leaning heavier and"}, {"start": "00:42:40", "end": "00:42:44", "text": "heavier into now, you know, hard cap"}, {"start": "00:42:42", "end": "00:42:46", "text": "fully circulating is best. A lot of the"}, {"start": "00:42:44", "end": "00:42:47", "text": "newer projects don't have a hard cap, so"}, {"start": "00:42:46", "end": "00:42:50", "text": "they will continue to have emissions"}, {"start": "00:42:47", "end": "00:42:51", "text": "over time. Uh that's something to"}, {"start": "00:42:50", "end": "00:42:53", "text": "absolutely keep an eye on. But the one,"}, {"start": "00:42:51", "end": "00:42:55", "text": "this is part of why some of these newer"}, {"start": "00:42:53", "end": "00:42:56", "text": "ones, like I see people talking about"}, {"start": "00:42:55", "end": "00:42:58", "text": "Canton and some of these other ones"}, {"start": "00:42:56", "end": "00:43:00", "text": "where a lot of these newer projects,"}, {"start": "00:42:58", "end": "00:43:02", "text": "they might be strong, they might be"}, {"start": "00:43:00", "end": "00:43:04", "text": "good, but if they have a lot of"}, {"start": "00:43:02", "end": "00:43:06", "text": "inflation coming out or emission uh"}, {"start": "00:43:04", "end": "00:43:07", "text": "schedule coming out, that's something"}, {"start": "00:43:06", "end": "00:43:08", "text": "I'm aware of. Now, that matters less"}, {"start": "00:43:07", "end": "00:43:11", "text": "than a bull market. When things are up"}, {"start": "00:43:08", "end": "00:43:13", "text": "only, that's great. But I this I think"}, {"start": "00:43:11", "end": "00:43:15", "text": "this is a big part of that total chart"}, {"start": "00:43:13", "end": "00:43:19", "text": "you were talking about where if as we"}, {"start": "00:43:15", "end": "00:43:21", "text": "get a lot of those 2019 2021 a lot of"}, {"start": "00:43:19", "end": "00:43:23", "text": "those you know last era projects that"}, {"start": "00:43:21", "end": "00:43:25", "text": "are getting into their fifth and sixth"}, {"start": "00:43:23", "end": "00:43:27", "text": "year and they're fully circulating"}, {"start": "00:43:25", "end": "00:43:30", "text": "supply is fully out. I think some of"}, {"start": "00:43:27", "end": "00:43:32", "text": "those can absolutely send uh once we get"}, {"start": "00:43:30", "end": "00:43:34", "text": "into a bullish environment and that'll"}, {"start": "00:43:32", "end": "00:43:36", "text": "be a big part of it. So just things to"}, {"start": "00:43:34", "end": "00:43:38", "text": "keep in mind. Aerrum obviously you guys"}, {"start": "00:43:36", "end": "00:43:40", "text": "know I love it. I use it. you know, it's"}, {"start": "00:43:38", "end": "00:43:43", "text": "not a huge position, but it's"}, {"start": "00:43:40", "end": "00:43:47", "text": "substantial. It's probably in my top 10"}, {"start": "00:43:43", "end": "00:43:48", "text": "positions or eight even. Um, you know,"}, {"start": "00:43:47", "end": "00:43:51", "text": "I'm still again Bitcoin, Ethereum,"}, {"start": "00:43:48", "end": "00:43:53", "text": "Salana, some of those. I I'm trying to"}, {"start": "00:43:51", "end": "00:43:56", "text": "remember. I've got definitely more arrow"}, {"start": "00:43:53", "end": "00:43:58", "text": "than uni. Um,"}, {"start": "00:43:56", "end": "00:43:59", "text": "so but inflation matters, you know,"}, {"start": "00:43:58", "end": "00:44:01", "text": "tokconomics matter."}, {"start": "00:43:59", "end": "00:44:03", "text": ">> Well, what's really keeping me up about"}, {"start": "00:44:01", "end": "00:44:07", "text": "this is I pulled a bars chart on that"}, {"start": "00:44:03", "end": "00:44:10", "text": "others chart you just mentioned. So, if"}, {"start": "00:44:07", "end": "00:44:13", "text": "where we are right now is comparable to"}, {"start": "00:44:10", "end": "00:44:14", "text": "this, this is where this is actually"}, {"start": "00:44:13", "end": "00:44:16", "text": "expected to go,"}, {"start": "00:44:14", "end": "00:44:19", "text": ">> and this is what keeps me up at night is"}, {"start": "00:44:16", "end": "00:44:21", "text": "because if this does play out,"}, {"start": "00:44:19", "end": "00:44:23", "text": "Aerodrome's going over 10 bucks a piece."}, {"start": "00:44:21", "end": "00:44:26", "text": "Like, and that's the maddening part"}, {"start": "00:44:23", "end": "00:44:27", "text": "about this is that, you know, we're at"}, {"start": "00:44:26", "end": "00:44:28", "text": "this current zone."}, {"start": "00:44:27", "end": "00:44:31", "text": ">> 100 bucks a piece."}, {"start": "00:44:28", "end": "00:44:32", "text": ">> No, 10 bucks a piece. Like, [laughter]"}, {"start": "00:44:31", "end": "00:44:33", "text": ">> 100 bucks a piece would be incredible."}, {"start": "00:44:32", "end": "00:44:35", "text": ">> Yeah,"}, {"start": "00:44:33", "end": "00:44:38", "text": ">> 10 bucks. I'll take I'll take five"}, {"start": "00:44:35", "end": "00:44:42", "text": "bucks, but 10 bucks a piece is"}, {"start": "00:44:38", "end": "00:44:44", "text": "uh it's I'm not all I I I have, you"}, {"start": "00:44:42", "end": "00:44:46", "text": "know,und I have six figures, you know,"}, {"start": "00:44:44", "end": "00:44:49", "text": "somewhere between 100 and 200k an arrow,"}, {"start": "00:44:46", "end": "00:44:51", "text": "but um it's not anywhere close to my"}, {"start": "00:44:49", "end": "00:44:52", "text": "largest position, but and I did see"}, {"start": "00:44:51", "end": "00:44:54", "text": "somebody asking about the AI. I'm"}, {"start": "00:44:52", "end": "00:44:58", "text": "pulling. Here you go. It here it comes."}, {"start": "00:44:54", "end": "00:45:00", "text": ">> You're asking what our AI system says"}, {"start": "00:44:58", "end": "00:45:01", "text": "about Arrow. Yeah, it's basically, you"}, {"start": "00:45:00", "end": "00:45:02", "text": "know, the tokconom which is this is"}, {"start": "00:45:01", "end": "00:45:04", "text": "literally what I was just saying. the"}, {"start": "00:45:02", "end": "00:45:07", "text": "tokconomics is the b biggest question"}, {"start": "00:45:04", "end": "00:45:09", "text": "mark on it but problem and use case"}, {"start": "00:45:07", "end": "00:45:11", "text": "narrative team adoption value capture"}, {"start": "00:45:09", "end": "00:45:13", "text": "all of this is in line this is a very"}, {"start": "00:45:11", "end": "00:45:15", "text": "strong and this is how we analyze it and"}, {"start": "00:45:13", "end": "00:45:17", "text": "you can get into these and kind of read"}, {"start": "00:45:15", "end": "00:45:21", "text": "you know the why behind each one of"}, {"start": "00:45:17", "end": "00:45:24", "text": "these things but um you know it's a very"}, {"start": "00:45:21", "end": "00:45:25", "text": "strong project you know this is actually"}, {"start": "00:45:24", "end": "00:45:28", "text": "pretty well-rounded narrative-wise you"}, {"start": "00:45:25", "end": "00:45:30", "text": "know this you know there's some risk and"}, {"start": "00:45:28", "end": "00:45:33", "text": "it's mostly because of this right here"}, {"start": "00:45:30", "end": "00:45:35", "text": "the tokconomics you know saying only 50%"}, {"start": "00:45:33", "end": "00:45:39", "text": "is C. Look at this. It's almost like uh"}, {"start": "00:45:35", "end": "00:45:40", "text": "this AI is um built by me [laughter]"}, {"start": "00:45:39", "end": "00:45:42", "text": ">> almost almost"}, {"start": "00:45:40", "end": "00:45:44", "text": ">> um but no this this is a very valuable"}, {"start": "00:45:42", "end": "00:45:46", "text": "tool that we use in school. You get"}, {"start": "00:45:44", "end": "00:45:48", "text": "access to this all these different"}, {"start": "00:45:46", "end": "00:45:50", "text": "things you know market pulse you can"}, {"start": "00:45:48", "end": "00:45:53", "text": "kind of get the breakdown of the day and"}, {"start": "00:45:50", "end": "00:45:54", "text": "uh news we've added you know this is"}, {"start": "00:45:53", "end": "00:45:57", "text": "where you get all the the trading"}, {"start": "00:45:54", "end": "00:45:59", "text": "signals and calls all of this stuff is"}, {"start": "00:45:57", "end": "00:46:01", "text": "what you get as as a bonus for school."}, {"start": "00:45:59", "end": "00:46:03", "text": "you have all of it already in school,"}, {"start": "00:46:01", "end": "00:46:06", "text": "but uh like you have all these"}, {"start": "00:46:03", "end": "00:46:08", "text": "classrooms and courses and comments and"}, {"start": "00:46:06", "end": "00:46:09", "text": "calls that we do every single week that"}, {"start": "00:46:08", "end": "00:46:10", "text": "you know with the community. So, it's a"}, {"start": "00:46:09", "end": "00:46:12", "text": "lot of great stuff and then all of this"}, {"start": "00:46:10", "end": "00:46:14", "text": "is also included in your subscription."}, {"start": "00:46:12", "end": "00:46:17", "text": "So, uh we teach you how to do this"}, {"start": "00:46:14", "end": "00:46:19", "text": "yourself manually so you know how to"}, {"start": "00:46:17", "end": "00:46:21", "text": "analyze a project for use case, for"}, {"start": "00:46:19", "end": "00:46:23", "text": "narrative, for team track record, the"}, {"start": "00:46:21", "end": "00:46:25", "text": "adoption and the community. all of these"}, {"start": "00:46:23", "end": "00:46:27", "text": "factors that we analyze every altcoin"}, {"start": "00:46:25", "end": "00:46:29", "text": "through. Um, you get the training on how"}, {"start": "00:46:27", "end": "00:46:31", "text": "to do it yourself manually. And then"}, {"start": "00:46:29", "end": "00:46:34", "text": "what and then you also get an AI tool"}, {"start": "00:46:31", "end": "00:46:36", "text": "that uh can automate a lot of that. Now"}, {"start": "00:46:34", "end": "00:46:37", "text": "again, as I always say, this doesn't"}, {"start": "00:46:36", "end": "00:46:39", "text": "replace your thinking. This doesn't"}, {"start": "00:46:37", "end": "00:46:43", "text": "replace your judgment. It's just a tool"}, {"start": "00:46:39", "end": "00:46:46", "text": "to speed things up. Don't use it as end"}, {"start": "00:46:43", "end": "00:46:48", "text": "all beall. We constantly see things come"}, {"start": "00:46:46", "end": "00:46:50", "text": "back from AI. I'm not as much on this."}, {"start": "00:46:48", "end": "00:46:52", "text": "the scorecard's pretty dialed, but"}, {"start": "00:46:50", "end": "00:46:53", "text": "constantly I'm using AI and I'm like,"}, {"start": "00:46:52", "end": "00:46:55", "text": "that doesn't look right. Double check"}, {"start": "00:46:53", "end": "00:46:56", "text": "that. You know, why are you saying this?"}, {"start": "00:46:55", "end": "00:46:59", "text": "And it's like, oh yeah, actually I"}, {"start": "00:46:56", "end": "00:47:00", "text": "miscalculated or I didn't account for"}, {"start": "00:46:59", "end": "00:47:02", "text": "this. And so"}, {"start": "00:47:00", "end": "00:47:05", "text": ">> a lot of the ones that get 70 in that or"}, {"start": "00:47:02", "end": "00:47:07", "text": "70 or above have been some of the best"}, {"start": "00:47:05", "end": "00:47:08", "text": "performers the last few months, too,"}, {"start": "00:47:07", "end": "00:47:10", "text": "right? So that's something I noticed"}, {"start": "00:47:08", "end": "00:47:13", "text": "because we did the scores and I pulled"}, {"start": "00:47:10", "end": "00:47:15", "text": "and I kind of understood which ones were"}, {"start": "00:47:13", "end": "00:47:18", "text": "landing above 70. almost every single"}, {"start": "00:47:15", "end": "00:47:22", "text": "one of them overperformed like crazy."}, {"start": "00:47:18", "end": "00:47:25", "text": "So, and I see the dis the disbelief that"}, {"start": "00:47:22", "end": "00:47:29", "text": "a $10 aerodyome can happen or you know,"}, {"start": "00:47:25", "end": "00:47:31", "text": "let's talk about going to $10. There's a"}, {"start": "00:47:29", "end": "00:47:33", "text": "reason why nobody believes this is"}, {"start": "00:47:31", "end": "00:47:35", "text": "possible and it's because of that others"}, {"start": "00:47:33", "end": "00:47:37", "text": "chart and what it's done to people's"}, {"start": "00:47:35", "end": "00:47:39", "text": "mentality. I just got to reemphasize"}, {"start": "00:47:37", "end": "00:47:43", "text": "Cardono is probably going to if this"}, {"start": "00:47:39", "end": "00:47:45", "text": "plays out even if Cardono can keep the"}, {"start": "00:47:43", "end": "00:47:47", "text": "doors open. If you are a crypto project"}, {"start": "00:47:45", "end": "00:47:50", "text": "that can just generally keep the lights"}, {"start": "00:47:47", "end": "00:47:52", "text": "on, you have hundreds of percent of"}, {"start": "00:47:50", "end": "00:47:53", "text": "increase slated over the course of the"}, {"start": "00:47:52", "end": "00:47:55", "text": "next few years if this does play out,"}, {"start": "00:47:53", "end": "00:47:58", "text": "maybe even more. This is why people"}, {"start": "00:47:55", "end": "00:48:00", "text": "don't believe it crypto can do anything"}, {"start": "00:47:58", "end": "00:48:02", "text": "in this altcoin sector is because of"}, {"start": "00:48:00", "end": "00:48:05", "text": "what the last bull market looked like."}, {"start": "00:48:02", "end": "00:48:07", "text": "This was your blowoff top for in this"}, {"start": "00:48:05", "end": "00:48:11", "text": "you know the real blowoff top we haven't"}, {"start": "00:48:07", "end": "00:48:14", "text": "seen for 6 years go or four years going"}, {"start": "00:48:11", "end": "00:48:18", "text": "on. So this is why you have to have more"}, {"start": "00:48:14", "end": "00:48:19", "text": "data than just prices and basic analysis"}, {"start": "00:48:18", "end": "00:48:22", "text": "and that AI tool that we have in our"}, {"start": "00:48:19", "end": "00:48:24", "text": "school. It saves me a lot of time in"}, {"start": "00:48:22", "end": "00:48:27", "text": "identifying you know the structurally"}, {"start": "00:48:24", "end": "00:48:28", "text": "sound projects here in a bare market."}, {"start": "00:48:27", "end": "00:48:30", "text": "Aerod Drrome I'm not going to be"}, {"start": "00:48:28", "end": "00:48:33", "text": "surprised if this thing is a much much"}, {"start": "00:48:30", "end": "00:48:35", "text": "different chart. It's one cycle old and"}, {"start": "00:48:33", "end": "00:48:38", "text": "really a10 billion dollar market cap on"}, {"start": "00:48:35", "end": "00:48:40", "text": "Aerod Drrome would bring you to that $10"}, {"start": "00:48:38", "end": "00:48:43", "text": "mark. A 16x from where it's at right"}, {"start": "00:48:40", "end": "00:48:46", "text": "now. And this is where we have to"}, {"start": "00:48:43", "end": "00:48:49", "text": "acknowledge the reason for printing is"}, {"start": "00:48:46", "end": "00:48:52", "text": "larger than it's ever been uh arguably"}, {"start": "00:48:49", "end": "00:48:55", "text": "for our country. Like the deposit, the"}, {"start": "00:48:52", "end": "00:48:58", "text": "banks and their pain is a big driving"}, {"start": "00:48:55", "end": "00:49:00", "text": "factor of why we see liquidity expanded."}, {"start": "00:48:58", "end": "00:49:03", "text": "And one of my favorite places to go to"}, {"start": "00:49:00", "end": "00:49:05", "text": "just understand this is the literal FDIC"}, {"start": "00:49:03", "end": "00:49:07", "text": "website where you can see all of those"}, {"start": "00:49:05", "end": "00:49:09", "text": "unrealized losses and gains. And they"}, {"start": "00:49:07", "end": "00:49:12", "text": "laid it out a little differently today."}, {"start": "00:49:09", "end": "00:49:14", "text": "Did you see this, TJ? They changed the"}, {"start": "00:49:12", "end": "00:49:17", "text": "uh the X and Y axis on this to make it"}, {"start": "00:49:14", "end": "00:49:18", "text": "look not as bad. Did you notice this?"}, {"start": "00:49:17", "end": "00:49:20", "text": ">> I did. Look at this."}, {"start": "00:49:18", "end": "00:49:23", "text": ">> Yeah, but it looks way better. Yeah,"}, {"start": "00:49:20", "end": "00:49:26", "text": ">> it does look way better. Now, the reason"}, {"start": "00:49:23", "end": "00:49:27", "text": "for printing I I just kind of want to"}, {"start": "00:49:26", "end": "00:49:30", "text": "talk through this. I want to talk"}, {"start": "00:49:27", "end": "00:49:33", "text": "through this real quick. So, this was"}, {"start": "00:49:30", "end": "00:49:35", "text": "the great financial crisis right here."}, {"start": "00:49:33", "end": "00:49:37", "text": "This tiny little blip, right? And then"}, {"start": "00:49:35", "end": "00:49:39", "text": "we had another one that was just as big"}, {"start": "00:49:37", "end": "00:49:41", "text": "happened right before the excuse for"}, {"start": "00:49:39", "end": "00:49:43", "text": "COVID came out and they were able to"}, {"start": "00:49:41", "end": "00:49:45", "text": "print to the moon, right? They expanded"}, {"start": "00:49:43", "end": "00:49:47", "text": "the money supply very, very heavily. You"}, {"start": "00:49:45", "end": "00:49:49", "text": "saw what the altcoin sector looked like"}, {"start": "00:49:47", "end": "00:49:52", "text": "when they did that. Now, our current"}, {"start": "00:49:49", "end": "00:49:54", "text": "scenario of how bad the losses on the"}, {"start": "00:49:52", "end": "00:49:58", "text": "banking sector are currently are"}, {"start": "00:49:54", "end": "00:50:00", "text": "exponentially higher here than they were"}, {"start": "00:49:58", "end": "00:50:02", "text": "back in the great financial crisis,"}, {"start": "00:50:00", "end": "00:50:04", "text": "right? And this ended up being years and"}, {"start": "00:50:02", "end": "00:50:06", "text": "years of very cheap interest rates on"}, {"start": "00:50:04", "end": "00:50:08", "text": "homes. Probably locked me in. I'm not"}, {"start": "00:50:06", "end": "00:50:09", "text": "going to sell the house that I got at"}, {"start": "00:50:08", "end": "00:50:11", "text": "that interest rate. It's never coming"}, {"start": "00:50:09", "end": "00:50:14", "text": "back. I've already kind of come to terms"}, {"start": "00:50:11", "end": "00:50:18", "text": "with that. But the pain and the reason"}, {"start": "00:50:14", "end": "00:50:20", "text": "for monetary expansion on the US banking"}, {"start": "00:50:18", "end": "00:50:23", "text": "system has never been greater. And now"}, {"start": "00:50:20", "end": "00:50:26", "text": "when I look at this and just something"}, {"start": "00:50:23", "end": "00:50:29", "text": "to highlight here is the fix was"}, {"start": "00:50:26", "end": "00:50:31", "text": "supposedly in they had seen higher lows"}, {"start": "00:50:29", "end": "00:50:33", "text": "bu building out from this main main"}, {"start": "00:50:31", "end": "00:50:35", "text": "flush out point where they are about"}, {"start": "00:50:33", "end": "00:50:37", "text": "$700 billion underwater. The problem is"}, {"start": "00:50:35", "end": "00:50:39", "text": "though is that this chart is starting to"}, {"start": "00:50:37", "end": "00:50:43", "text": "expand back to the downside. That's a"}, {"start": "00:50:39", "end": "00:50:45", "text": "major major problem. And that's why I"}, {"start": "00:50:43", "end": "00:50:47", "text": "think what TJ says about monetary"}, {"start": "00:50:45", "end": "00:50:50", "text": "expansion is going to happen at the same"}, {"start": "00:50:47", "end": "00:50:54", "text": "time of Federal Reserve rate increases"}, {"start": "00:50:50", "end": "00:50:56", "text": "seems very logical and a a good lens to"}, {"start": "00:50:54", "end": "00:50:58", "text": "look at this world through right now."}, {"start": "00:50:56", "end": "00:51:00", "text": "It's not a collapse down, it's a"}, {"start": "00:50:58", "end": "00:51:02", "text": "collapse up where asset prices are going"}, {"start": "00:51:00", "end": "00:51:04", "text": "to ex explode to the upside. You're"}, {"start": "00:51:02", "end": "00:51:06", "text": "already seeing what commodities, oil,"}, {"start": "00:51:04", "end": "00:51:09", "text": "wheat, all the goods that we need are"}, {"start": "00:51:06", "end": "00:51:11", "text": "exploding as well. Now infrastructure,"}, {"start": "00:51:09", "end": "00:51:15", "text": "digital infrastructure and security are"}, {"start": "00:51:11", "end": "00:51:18", "text": "needed as AI expands. And this is a cool"}, {"start": "00:51:15", "end": "00:51:21", "text": "little juiposition that crypto and AI"}, {"start": "00:51:18", "end": "00:51:23", "text": "are landing on where AI is testing the"}, {"start": "00:51:21", "end": "00:51:26", "text": "security bandwidth of our internet and"}, {"start": "00:51:23", "end": "00:51:27", "text": "crypto can offer solutions in token"}, {"start": "00:51:26", "end": "00:51:30", "text": "gated access and making sure that it can"}, {"start": "00:51:27", "end": "00:51:32", "text": "continue to operate. Right? This is a"}, {"start": "00:51:30", "end": "00:51:35", "text": "very heady conversation, but this is why"}, {"start": "00:51:32", "end": "00:51:37", "text": "I have to be positioned in both crypto"}, {"start": "00:51:35", "end": "00:51:40", "text": "and you know the stock portfolio's been"}, {"start": "00:51:37", "end": "00:51:43", "text": "going nuts. A stock that I want to talk"}, {"start": "00:51:40", "end": "00:51:45", "text": "and maybe this is a crazy idea. My wife"}, {"start": "00:51:43", "end": "00:51:49", "text": "was talking to me about the likelihood"}, {"start": "00:51:45", "end": "00:51:53", "text": "of hologram or holographic movies coming"}, {"start": "00:51:49", "end": "00:51:55", "text": "out and this AMC chart keeps me up a"}, {"start": "00:51:53", "end": "00:51:57", "text": "little bit because it's been basically"}, {"start": "00:51:55", "end": "00:52:02", "text": "nothing. Ever since the meme run of"}, {"start": "00:51:57", "end": "00:52:05", "text": "2020, right, 2021 meme run, this thing"}, {"start": "00:52:02", "end": "00:52:07", "text": "has been flat. And there's only one"}, {"start": "00:52:05", "end": "00:52:09", "text": "major movie theater company that I think"}, {"start": "00:52:07", "end": "00:52:11", "text": "of when I think of movies. But TJ, you"}, {"start": "00:52:09", "end": "00:52:15", "text": "had a damn good point."}, {"start": "00:52:11", "end": "00:52:17", "text": "home theater entertainment is up there"}, {"start": "00:52:15", "end": "00:52:20", "text": "and so maybe they missed that. I don't I"}, {"start": "00:52:17", "end": "00:52:22", "text": "don't see I mean obviously you know the"}, {"start": "00:52:20", "end": "00:52:25", "text": "market generally"}, {"start": "00:52:22", "end": "00:52:26", "text": "is pretty efficient right and this was a"}, {"start": "00:52:25", "end": "00:52:28", "text": "little bit of a squeeze and it"}, {"start": "00:52:26", "end": "00:52:30", "text": "definitely got some uh retail and a"}, {"start": "00:52:28", "end": "00:52:31", "text": "short squeeze and all that sort of stuff"}, {"start": "00:52:30", "end": "00:52:33", "text": "but I don't"}, {"start": "00:52:31", "end": "00:52:37", "text": ">> I don't you know yes they could mean you"}, {"start": "00:52:33", "end": "00:52:39", "text": "could see innovations in um"}, {"start": "00:52:37", "end": "00:52:41", "text": "entertainment here in the near future"}, {"start": "00:52:39", "end": "00:52:43", "text": "but I don't see that hitting the AMC's"}, {"start": "00:52:41", "end": "00:52:45", "text": "of the world as much as I see it landing"}, {"start": "00:52:43", "end": "00:52:46", "text": "at home more and more often people are"}, {"start": "00:52:45", "end": "00:52:48", "text": "comfortable in their own home that And"}, {"start": "00:52:46", "end": "00:52:50", "text": "if you think we're going to see massive"}, {"start": "00:52:48", "end": "00:52:52", "text": "inflation,"}, {"start": "00:52:50", "end": "00:52:53", "text": "you know, who's who's going to feel"}, {"start": "00:52:52", "end": "00:52:54", "text": "that? You know, people on Main Street,"}, {"start": "00:52:53", "end": "00:52:56", "text": "right? They're not going to be going out"}, {"start": "00:52:54", "end": "00:52:58", "text": "and seeing movie. When was when was the"}, {"start": "00:52:56", "end": "00:52:59", "text": "last time I'm just When was the last"}, {"start": "00:52:58", "end": "00:53:01", "text": "time? Let me know in the chat. When was"}, {"start": "00:52:59", "end": "00:53:03", "text": "the last time you went and saw a movie"}, {"start": "00:53:01", "end": "00:53:05", "text": "in theaters?"}, {"start": "00:53:03", "end": "00:53:08", "text": ">> I mean, for me, I go every probably"}, {"start": "00:53:05", "end": "00:53:10", "text": "every two months with family."}, {"start": "00:53:08", "end": "00:53:12", "text": ">> So, you went with within the last couple"}, {"start": "00:53:10", "end": "00:53:13", "text": "because I can't even"}, {"start": "00:53:12", "end": "00:53:18", "text": ">> hardly remember the last time I went to"}, {"start": "00:53:13", "end": "00:53:20", "text": "a movie theater. I've it's been multiple"}, {"start": "00:53:18", "end": "00:53:24", "text": "maybe people still go to look there's"}, {"start": "00:53:20", "end": "00:53:26", "text": "one of them grid went to Resident Evil"}, {"start": "00:53:24", "end": "00:53:28", "text": "like this is a big building in my local"}, {"start": "00:53:26", "end": "00:53:30", "text": "town"}, {"start": "00:53:28", "end": "00:53:33", "text": ">> I used to take people there all the time"}, {"start": "00:53:30", "end": "00:53:35", "text": ">> kids people do take kids uh two to four"}, {"start": "00:53:33", "end": "00:53:36", "text": "times a month dang"}, {"start": "00:53:35", "end": "00:53:37", "text": ">> that's a lot"}, {"start": "00:53:36", "end": "00:53:41", "text": ">> when you got kids"}, {"start": "00:53:37", "end": "00:53:43", "text": ">> 2019 over two years"}, {"start": "00:53:41", "end": "00:53:45", "text": ">> Spider-Man I'm just I just I don't know"}, {"start": "00:53:43", "end": "00:53:47", "text": "I just the"}, {"start": "00:53:45", "end": "00:53:48", "text": "there there may be some innovation."}, {"start": "00:53:47", "end": "00:53:49", "text": "There's some like the stuff like the"}, {"start": "00:53:48", "end": "00:53:51", "text": "sphere like there's a place here in"}, {"start": "00:53:49", "end": "00:53:52", "text": "Atlanta that's like a mini sphere. I"}, {"start": "00:53:51", "end": "00:53:55", "text": "can't remember what it's called where"}, {"start": "00:53:52", "end": "00:53:57", "text": "you know you get like half of it. Um all"}, {"start": "00:53:55", "end": "00:53:59", "text": "right, Kelly going once a week. Dang. Uh"}, {"start": "00:53:57", "end": "00:54:00", "text": "I just I don't know. I think if you're"}, {"start": "00:53:59", "end": "00:54:01", "text": "going to get like holograms and stuff"}, {"start": "00:54:00", "end": "00:54:05", "text": "like that, you're more likely to get it"}, {"start": "00:54:01", "end": "00:54:08", "text": "at home than you are in a theater. So um"}, {"start": "00:54:05", "end": "00:54:10", "text": "but it's a big um it's a you know a"}, {"start": "00:54:08", "end": "00:54:11", "text": "duopoly, I guess. What's the other one?"}, {"start": "00:54:10", "end": "00:54:13", "text": "Is Regal. Are those the main two or is"}, {"start": "00:54:11", "end": "00:54:14", "text": "that all under AMC at this point? But I"}, {"start": "00:54:13", "end": "00:54:16", "text": "don't know."}, {"start": "00:54:14", "end": "00:54:17", "text": ">> Yeah,"}, {"start": "00:54:16", "end": "00:54:19", "text": "though."}, {"start": "00:54:17", "end": "00:54:20", "text": ">> This is This to me is very much like"}, {"start": "00:54:19", "end": "00:54:23", "text": "finding a beaten down meme. Could it"}, {"start": "00:54:20", "end": "00:54:25", "text": "pump? Sure. Absolutely. Like you could"}, {"start": "00:54:23", "end": "00:54:27", "text": "get a relief rally out of it that you"}, {"start": "00:54:25", "end": "00:54:30", "text": "can ride, but that's not generally the"}, {"start": "00:54:27", "end": "00:54:32", "text": "way I like to invest personally."}, {"start": "00:54:30", "end": "00:54:34", "text": ">> Yeah. I mean, this looks like a a dead"}, {"start": "00:54:32", "end": "00:54:37", "text": "project that no one is at anymore. And"}, {"start": "00:54:34", "end": "00:54:40", "text": "then I drive by the building and it's"}, {"start": "00:54:37", "end": "00:54:42", "text": "full in my local town. So, I don't know."}, {"start": "00:54:40", "end": "00:54:43", "text": "I'm just thinking about it a little bit"}, {"start": "00:54:42", "end": "00:54:46", "text": "like maybe I'll go in there with some"}, {"start": "00:54:43", "end": "00:54:48", "text": "play money. We're also watching Radium,"}, {"start": "00:54:46", "end": "00:54:49", "text": "you know, which it was on its way down"}, {"start": "00:54:48", "end": "00:54:52", "text": "to"}, {"start": "00:54:49", "end": "00:54:54", "text": ">> I mean Radium's been pumping"}, {"start": "00:54:52", "end": "00:54:56", "text": ">> uh last month, I guess."}, {"start": "00:54:54", "end": "00:54:59", "text": ">> Yeah, it's got now it's got a higher"}, {"start": "00:54:56", "end": "00:55:03", "text": "low. It's got a higher low built out and"}, {"start": "00:54:59", "end": "00:55:05", "text": "the floor around 676"}, {"start": "00:55:03", "end": "00:55:08", "text": "pumped up to a$130. I mean, I could see"}, {"start": "00:55:05", "end": "00:55:10", "text": "a, you know, if I see this here, here's"}, {"start": "00:55:08", "end": "00:55:13", "text": "my general plan on Radium because I like"}, {"start": "00:55:10", "end": "00:55:15", "text": "Salana auxiliaries. I think Salana's"}, {"start": "00:55:13", "end": "00:55:16", "text": "strong and I like buying auxiliaries on"}, {"start": "00:55:15", "end": "00:55:20", "text": "Salana."}, {"start": "00:55:16", "end": "00:55:22", "text": ">> Um, about a buck, maybe 80 cents seems"}, {"start": "00:55:20", "end": "00:55:25", "text": "like a just a vibe check of the center"}, {"start": "00:55:22", "end": "00:55:27", "text": "point of this W pattern or close to it."}, {"start": "00:55:25", "end": "00:55:30", "text": "Probably more so like this this volume"}, {"start": "00:55:27", "end": "00:55:32", "text": "node here right at the uh because I'm"}, {"start": "00:55:30", "end": "00:55:34", "text": "planning on little headwinds in all"}, {"start": "00:55:32", "end": "00:55:36", "text": "coins, right? I'm planning on a little"}, {"start": "00:55:34", "end": "00:55:38", "text": "bit of shaky ground, some pullbacks,"}, {"start": "00:55:36", "end": "00:55:40", "text": "bears coming out celebrating that we're"}, {"start": "00:55:38", "end": "00:55:43", "text": "going to zero again. Uh, you know, if"}, {"start": "00:55:40", "end": "00:55:45", "text": "Bitcoin goes to 74, 75,"}, {"start": "00:55:43", "end": "00:55:47", "text": "I could see something like this, though,"}, {"start": "00:55:45", "end": "00:55:49", "text": "about like 90 cents. Actually, I like"}, {"start": "00:55:47", "end": "00:55:53", "text": "this plan a lot. All right, I got a"}, {"start": "00:55:49", "end": "00:55:55", "text": "radium plan. Here it is. Here it is."}, {"start": "00:55:53", "end": "00:55:58", "text": "Right there. Well, and it doesn't quite"}, {"start": "00:55:55", "end": "00:56:01", "text": "show it on the all volume mark here, but"}, {"start": "00:55:58", "end": "00:56:04", "text": "I know that this original resistance"}, {"start": "00:56:01", "end": "00:56:06", "text": "point turned to support here, tried to"}, {"start": "00:56:04", "end": "00:56:08", "text": "act as support in the 1010 wash out and"}, {"start": "00:56:06", "end": "00:56:12", "text": "thereafter, and it's come back up to"}, {"start": "00:56:08", "end": "00:56:13", "text": "it's blasted past it with velocity, but"}, {"start": "00:56:12", "end": "00:56:16", "text": "the momentum waves are crossing. We got"}, {"start": "00:56:13", "end": "00:56:18", "text": "some headwinds likely. I could see like"}, {"start": "00:56:16", "end": "00:56:20", "text": "90 cent radium being a little bit of a"}, {"start": "00:56:18", "end": "00:56:21", "text": "play because I I'm at the point where"}, {"start": "00:56:20", "end": "00:56:23", "text": "I'm ready to start buying some"}, {"start": "00:56:21", "end": "00:56:26", "text": "auxiliaries on top because I bought all"}, {"start": "00:56:23", "end": "00:56:29", "text": "of my regular Salana, my spa salana a"}, {"start": "00:56:26", "end": "00:56:31", "text": "few months ago and I'm not opposed to"}, {"start": "00:56:29", "end": "00:56:33", "text": "adding more Salana in the $80 to90"}, {"start": "00:56:31", "end": "00:56:35", "text": "region. Absolutely not. And maybe I'll"}, {"start": "00:56:33", "end": "00:56:37", "text": "have to start paying more if it holds up"}, {"start": "00:56:35", "end": "00:56:40", "text": "this shelf above $100. But the"}, {"start": "00:56:37", "end": "00:56:44", "text": "auxiliaries to Salana make a boatload of"}, {"start": "00:56:40", "end": "00:56:47", "text": "money in revenue. And these pump harder"}, {"start": "00:56:44", "end": "00:56:50", "text": "than Salana proper. So I'm looking at"}, {"start": "00:56:47", "end": "00:56:54", "text": "this just understanding. You know what"}, {"start": "00:56:50", "end": "00:56:56", "text": "the general thesis I have to drive home"}, {"start": "00:56:54", "end": "00:56:57", "text": "this chart. The general thesis this is"}, {"start": "00:56:56", "end": "00:57:00", "text": "why you feel like such crap in all coins"}, {"start": "00:56:57", "end": "00:57:03", "text": "if you stayed in them is because this"}, {"start": "00:57:00", "end": "00:57:06", "text": "has been in a downtrend for years and"}, {"start": "00:57:03", "end": "00:57:07", "text": "years and years. The under scope of it"}, {"start": "00:57:06", "end": "00:57:09", "text": "is setting higher lows on momentum"}, {"start": "00:57:07", "end": "00:57:12", "text": "waves. You're getting green dots all"}, {"start": "00:57:09", "end": "00:57:15", "text": "over the place. The money flow is very"}, {"start": "00:57:12", "end": "00:57:19", "text": "deep. Like not many charts have money"}, {"start": "00:57:15", "end": "00:57:21", "text": "flows that breach down to - 36. And so"}, {"start": "00:57:19", "end": "00:57:24", "text": "this is why you feel like so much anger"}, {"start": "00:57:21", "end": "00:57:26", "text": "when I say all of this hopefulness about"}, {"start": "00:57:24", "end": "00:57:28", "text": "altcoins is because you've been in pain"}, {"start": "00:57:26", "end": "00:57:31", "text": "for years on end. And I think this is"}, {"start": "00:57:28", "end": "00:57:33", "text": "about to turn around. Can lighter have a"}, {"start": "00:57:31", "end": "00:57:34", "text": "run like Hyperliquid? I mean arguably it"}, {"start": "00:57:33", "end": "00:57:35", "text": "already has, right?"}, {"start": "00:57:34", "end": "00:57:38", "text": ">> Yeah, I think it can. I absolutely can."}, {"start": "00:57:35", "end": "00:57:40", "text": "It's it's doing really lighter is a"}, {"start": "00:57:38", "end": "00:57:42", "text": "strong you know like again in the alpha"}, {"start": "00:57:40", "end": "00:57:44", "text": "beta if you like hype what I like to do"}, {"start": "00:57:42", "end": "00:57:46", "text": "in these situations is you have your"}, {"start": "00:57:44", "end": "00:57:48", "text": "primary position in hype and your"}, {"start": "00:57:46", "end": "00:57:49", "text": "secondary position in lighter and then"}, {"start": "00:57:48", "end": "00:57:51", "text": "you let lighter bridge the gap if they"}, {"start": "00:57:49", "end": "00:57:53", "text": "you know like yeah look at that I mean"}, {"start": "00:57:51", "end": "00:57:56", "text": "like you said arguably it's already on"}, {"start": "00:57:53", "end": "00:57:58", "text": "one can it is doing it so"}, {"start": "00:57:56", "end": "00:58:02", "text": ">> uh yeah very strong very good revenue"}, {"start": "00:57:58", "end": "00:58:04", "text": "project uh again it's that defi revenue"}, {"start": "00:58:02", "end": "00:58:06", "text": "value capture all it checks all those"}, {"start": "00:58:04", "end": "00:58:08", "text": "boxes I would be really interested to"}, {"start": "00:58:06", "end": "00:58:10", "text": "see what our AI tool says about lighter."}, {"start": "00:58:08", "end": "00:58:11", "text": "I guarantee it scores very very high."}, {"start": "00:58:10", "end": "00:58:14", "text": "So, and I saw you guys asking what that"}, {"start": "00:58:11", "end": "00:58:16", "text": "is. You just it is I I don't know if I"}, {"start": "00:58:14", "end": "00:58:17", "text": "pinned it, but um just go to discover"}, {"start": "00:58:16", "end": "00:58:19", "text": "crypto.live. That's our website. That's"}, {"start": "00:58:17", "end": "00:58:21", "text": "how you get to it. Um now you have to"}, {"start": "00:58:19", "end": "00:58:22", "text": "get member login. You have to be part of"}, {"start": "00:58:21", "end": "00:58:22", "text": "school, but"}, {"start": "00:58:22", "end": "00:58:24", "text": ">> yeah."}, {"start": "00:58:22", "end": "00:58:27", "text": ">> Um that's where it is. So"}, {"start": "00:58:24", "end": "00:58:30", "text": ">> yeah. Well, on a final note, I watched"}, {"start": "00:58:27", "end": "00:58:32", "text": "the movie Her this weekend with walking"}, {"start": "00:58:30", "end": "00:58:34", "text": "Phoenix is about AI. I think that's the"}, {"start": "00:58:32", "end": "00:58:36", "text": "real end of humanity is the end of"}, {"start": "00:58:34", "end": "00:58:38", "text": "connection between people. If you have"}, {"start": "00:58:36", "end": "00:58:40", "text": "it super easy to have an AI girlfriend"}, {"start": "00:58:38", "end": "00:58:42", "text": "or something, that's the end of dating,"}, {"start": "00:58:40", "end": "00:58:43", "text": "right? Like that's something that I"}, {"start": "00:58:42", "end": "00:58:45", "text": "think about. But I don't think AI is"}, {"start": "00:58:43", "end": "00:58:51", "text": "going to be the end of the world. I do"}, {"start": "00:58:45", "end": "00:58:52", "text": "think people are more gunshy on altcoins"}, {"start": "00:58:51", "end": "00:58:55", "text": "because of that others chart that I've"}, {"start": "00:58:52", "end": "00:58:57", "text": "went over a few times on the show today."}, {"start": "00:58:55", "end": "00:58:59", "text": "And I'm moving into the next few years"}, {"start": "00:58:57", "end": "00:59:01", "text": "very very bravely because I am not going"}, {"start": "00:58:59", "end": "00:59:02", "text": "to sit here just waiting for the end of"}, {"start": "00:59:01", "end": "00:59:04", "text": "the world. I've already prepped out."}, {"start": "00:59:02", "end": "00:59:07", "text": "I've already done all that stuff in the"}, {"start": "00:59:04", "end": "00:59:09", "text": "real world. I'm not going to be, you"}, {"start": "00:59:07", "end": "00:59:10", "text": "know, digging further and further into"}, {"start": "00:59:09", "end": "00:59:12", "text": "the ground just expecting the world to"}, {"start": "00:59:10", "end": "00:59:15", "text": "come down on me. I'm going to move"}, {"start": "00:59:12", "end": "00:59:17", "text": "forward into the altcoin sector based on"}, {"start": "00:59:15", "end": "00:59:19", "text": "the data presented. I think that there's"}, {"start": "00:59:17", "end": "00:59:21", "text": "a great expansion on the horizon."}, {"start": "00:59:19", "end": "00:59:23", "text": "getting in a position now and I do"}, {"start": "00:59:21", "end": "00:59:25", "text": "commend everyone that's got the gumption"}, {"start": "00:59:23", "end": "00:59:27", "text": "to stay locked in on even charts like"}, {"start": "00:59:25", "end": "00:59:28", "text": "lighter all these other projects because"}, {"start": "00:59:27", "end": "00:59:30", "text": "there's a lot of money still to be made"}, {"start": "00:59:28", "end": "00:59:32", "text": "in crypto you just have to do it"}, {"start": "00:59:30", "end": "00:59:34", "text": "intelligently use the resources"}, {"start": "00:59:32", "end": "00:59:36", "text": "available and if you're interested in"}, {"start": "00:59:34", "end": "00:59:38", "text": "the resources we've shown you with"}, {"start": "00:59:36", "end": "00:59:40", "text": "school check it out it's completely free"}, {"start": "00:59:38", "end": "00:59:43", "text": "to try pour our heart and soul into that"}, {"start": "00:59:40", "end": "00:59:44", "text": "to keep people on the right path here TJ"}, {"start": "00:59:43", "end": "00:59:46", "text": "what a great Monday what a great"}, {"start": "00:59:44", "end": "00:59:48", "text": ">> what a great Monday yeah life is good"}, {"start": "00:59:46", "end": "00:59:49", "text": "right we are blessed we're we're we're"}, {"start": "00:59:48", "end": "00:59:51", "text": "very fortunate to be here having these"}, {"start": "00:59:49", "end": "00:59:53", "text": "conversations, spread some light out in"}, {"start": "00:59:51", "end": "00:59:55", "text": "the world. Uh like you said, it's not"}, {"start": "00:59:53", "end": "00:59:57", "text": "there's plenty of doom and gloom. That's"}, {"start": "00:59:55", "end": "00:59:59", "text": "the doomers. Doom and gloom is the"}, {"start": "00:59:57", "end": "01:00:01", "text": "easiest way to get clicks and attention."}, {"start": "00:59:59", "end": "01:00:02", "text": "Yeah. Uh but providing a plan forward,"}, {"start": "01:00:01", "end": "01:00:04", "text": "actually taking action, putting, you"}, {"start": "01:00:02", "end": "01:00:06", "text": "know, putting your hat in the ring and"}, {"start": "01:00:04", "end": "01:00:07", "text": "getting out there and trying to make a"}, {"start": "01:00:06", "end": "01:00:09", "text": "difference, that's what it's all about."}, {"start": "01:00:07", "end": "01:00:12", "text": "So, go spread some light and some"}, {"start": "01:00:09", "end": "01:00:12", "text": "positivity, and we'll see you"}]

[{"start": "00:00:00", "end": "00:00:05", "text": "What if I were to tell you that $300,000"}, {"start": "00:00:02", "end": "00:00:07", "text": "Bitcoin is not a pipe dream? The same"}, {"start": "00:00:05", "end": "00:00:10", "text": "pressures that caused gold to absolutely"}, {"start": "00:00:07", "end": "00:00:11", "text": "skyrocket are playing into Bitcoin, and"}, {"start": "00:00:10", "end": "00:00:13", "text": "we're going to take a look at how"}, {"start": "00:00:11", "end": "00:00:15", "text": "Bitcoin can actually [music] hit"}, {"start": "00:00:13", "end": "00:00:16", "text": "$300,000"}, {"start": "00:00:15", "end": "00:00:18", "text": "over the course of the next few years."}, {"start": "00:00:16", "end": "00:00:20", "text": "And I acknowledge Bitcoin hitting"}, {"start": "00:00:18", "end": "00:00:22", "text": "$300,000 in this [music] current"}, {"start": "00:00:20", "end": "00:00:24", "text": "environment sounds like a fairy tale."}, {"start": "00:00:22", "end": "00:00:26", "text": "When you go to the charts, we're sitting"}, {"start": "00:00:24", "end": "00:00:30", "text": "here celebrating being at $70,000. How"}, {"start": "00:00:26", "end": "00:00:31", "text": "in the world could a target of $300,000"}, {"start": "00:00:30", "end": "00:00:33", "text": "even make sense? Well, that's what I'm"}, {"start": "00:00:31", "end": "00:00:35", "text": "going to dive into on today's video."}, {"start": "00:00:33", "end": "00:00:37", "text": "There is a lot of data and a lot of"}, {"start": "00:00:35", "end": "00:00:39", "text": "macroeconomic analysis. It's how I"}, {"start": "00:00:37", "end": "00:00:41", "text": "started actually in crypto is through"}, {"start": "00:00:39", "end": "00:00:43", "text": "macroeconomic analysis that I'm going to"}, {"start": "00:00:41", "end": "00:00:44", "text": "lay out on the table of why this"}, {"start": "00:00:43", "end": "00:00:46", "text": "actually isn't something that's"}, {"start": "00:00:44", "end": "00:00:48", "text": "possible, but actually is, in my"}, {"start": "00:00:46", "end": "00:00:50", "text": "opinion, probable. Most four-year cycle"}, {"start": "00:00:48", "end": "00:00:52", "text": "analysts and their targets are coming in"}, {"start": "00:00:50", "end": "00:00:55", "text": "at a diminished gains perspective on"}, {"start": "00:00:52", "end": "00:00:57", "text": "Bitcoin, which is a reasonable outlook,"}, {"start": "00:00:55", "end": "00:01:00", "text": "looking for a gain on Bitcoin up into"}, {"start": "00:00:57", "end": "00:01:03", "text": "the $200,000 range. And that's assuming"}, {"start": "00:01:00", "end": "00:01:05", "text": "that this near $60,000 mark is the"}, {"start": "00:01:03", "end": "00:01:08", "text": "bottom. A diminished return for Bitcoin"}, {"start": "00:01:05", "end": "00:01:10", "text": "would bring it to just about $200,000,"}, {"start": "00:01:08", "end": "00:01:12", "text": "and some extra bullish models up to"}, {"start": "00:01:10", "end": "00:01:14", "text": "$250,000"}, {"start": "00:01:12", "end": "00:01:18", "text": "in the end of this coming bull market."}, {"start": "00:01:14", "end": "00:01:20", "text": "Be a substantial increase of about 220%"}, {"start": "00:01:18", "end": "00:01:22", "text": "from where it's sitting right now, and"}, {"start": "00:01:20", "end": "00:01:24", "text": "that would be a diminished gain compared"}, {"start": "00:01:22", "end": "00:01:28", "text": "to the last bear market to all-time"}, {"start": "00:01:24", "end": "00:01:30", "text": "high, where Bitcoin rose by 640%."}, {"start": "00:01:28", "end": "00:01:33", "text": "And the time before that, in our 2019"}, {"start": "00:01:30", "end": "00:01:38", "text": "lows up to the highs of 2021, Bitcoin"}, {"start": "00:01:33", "end": "00:01:40", "text": "rose by a staggering 2,260%."}, {"start": "00:01:38", "end": "00:01:42", "text": "So, you go from 260%, 600 some odd"}, {"start": "00:01:40", "end": "00:01:46", "text": "percent in the next bull market, and"}, {"start": "00:01:42", "end": "00:01:48", "text": "expecting a 200 to 250% gain from here"}, {"start": "00:01:46", "end": "00:01:50", "text": "is a reasonable expectation. But there"}, {"start": "00:01:48", "end": "00:01:53", "text": "is something cataclysmic brewing on the"}, {"start": "00:01:50", "end": "00:01:56", "text": "underscore of macroeconomic data that I"}, {"start": "00:01:53", "end": "00:01:59", "text": "cannot ignore. Bitcoin is acknowledged"}, {"start": "00:01:56", "end": "00:02:02", "text": "as a version of store value, a digital"}, {"start": "00:01:59", "end": "00:02:03", "text": "gold. And I want to look at what gold is"}, {"start": "00:02:02", "end": "00:02:05", "text": "doing right now compared to what it did"}, {"start": "00:02:03", "end": "00:02:08", "text": "the last time we saw these same"}, {"start": "00:02:05", "end": "00:02:10", "text": "macroeconomic pressures pointing towards"}, {"start": "00:02:08", "end": "00:02:13", "text": "stagflation actually being a reality"}, {"start": "00:02:10", "end": "00:02:14", "text": "here in the United States. Stagflation"}, {"start": "00:02:13", "end": "00:02:16", "text": "doesn't sound like the most bullish of"}, {"start": "00:02:14", "end": "00:02:19", "text": "things, and it really is a confluence of"}, {"start": "00:02:16", "end": "00:02:21", "text": "different things going wrong. We have"}, {"start": "00:02:19", "end": "00:02:23", "text": "diesel prices hitting all-time highs. We"}, {"start": "00:02:21", "end": "00:02:26", "text": "have the Iran energy crisis playing"}, {"start": "00:02:23", "end": "00:02:29", "text": "itself out. The Treasury is buying its"}, {"start": "00:02:26", "end": "00:02:31", "text": "own bonds back with $18 billion in"}, {"start": "00:02:29", "end": "00:02:33", "text": "purchases just this week, a massive"}, {"start": "00:02:31", "end": "00:02:35", "text": "massive tilt of the hat that chaos is"}, {"start": "00:02:33", "end": "00:02:38", "text": "coming, and home sales. Housing supply"}, {"start": "00:02:35", "end": "00:02:40", "text": "is hitting a 10-year high while US"}, {"start": "00:02:38", "end": "00:02:42", "text": "existing home sales crash to a 14-month"}, {"start": "00:02:40", "end": "00:02:44", "text": "low. Buyers aren't interested in the"}, {"start": "00:02:42", "end": "00:02:46", "text": "current homes at the prices they're at"}, {"start": "00:02:44", "end": "00:02:48", "text": "and the interest rates being at or above"}, {"start": "00:02:46", "end": "00:02:49", "text": "7%."}, {"start": "00:02:48", "end": "00:02:51", "text": "This is stagflation. This is where the"}, {"start": "00:02:49", "end": "00:02:53", "text": "buyers no longer interested, the fiat"}, {"start": "00:02:51", "end": "00:02:55", "text": "currency is under pressure to keep the"}, {"start": "00:02:53", "end": "00:02:57", "text": "party going, but it's having a very"}, {"start": "00:02:55", "end": "00:02:59", "text": "difficult time because you're running"}, {"start": "00:02:57", "end": "00:03:01", "text": "into oil and energy crisis causing"}, {"start": "00:02:59", "end": "00:03:04", "text": "inflation and pressures on the average"}, {"start": "00:03:01", "end": "00:03:05", "text": "economy. And now here's where the PhDs"}, {"start": "00:03:04", "end": "00:03:07", "text": "will come at me and be like, \"Oh, we can"}, {"start": "00:03:05", "end": "00:03:08", "text": "grow our way out of this with all the"}, {"start": "00:03:07", "end": "00:03:10", "text": "data centers we're building, right?\" And"}, {"start": "00:03:08", "end": "00:03:13", "text": "that's where the macroeconomic PhDs will"}, {"start": "00:03:10", "end": "00:03:14", "text": "come at me yell about all of these data"}, {"start": "00:03:13", "end": "00:03:17", "text": "centers being built, and that's going to"}, {"start": "00:03:14", "end": "00:03:19", "text": "grow our way out of the situation. The"}, {"start": "00:03:17", "end": "00:03:21", "text": "yields are calling the bluff on this."}, {"start": "00:03:19", "end": "00:03:24", "text": "The yields are skyrocketing. 10-year"}, {"start": "00:03:21", "end": "00:03:26", "text": "yield has been above 5% for a few weeks"}, {"start": "00:03:24", "end": "00:03:27", "text": "in a row. Treasury's buying its own"}, {"start": "00:03:26", "end": "00:03:29", "text": "blood, and the only way out of this is"}, {"start": "00:03:27", "end": "00:03:31", "text": "more quantitative easing or money"}, {"start": "00:03:29", "end": "00:03:33", "text": "printing. And in those environments,"}, {"start": "00:03:31", "end": "00:03:36", "text": "hard assets like the most proven hard"}, {"start": "00:03:33", "end": "00:03:38", "text": "asset on the planet, gold, perform very"}, {"start": "00:03:36", "end": "00:03:40", "text": "very well. Gold is a canary in the coal"}, {"start": "00:03:38", "end": "00:03:43", "text": "mine of what's to come for Bitcoin. I'm"}, {"start": "00:03:40", "end": "00:03:46", "text": "going to show you why. Gold has been on"}, {"start": "00:03:43", "end": "00:03:48", "text": "an absolute tear from 2012 to the time"}, {"start": "00:03:46", "end": "00:03:50", "text": "frame where the cup and handle played"}, {"start": "00:03:48", "end": "00:03:53", "text": "out and started playing to the upside,"}, {"start": "00:03:50", "end": "00:03:55", "text": "gold has risen to $5,600"}, {"start": "00:03:53", "end": "00:03:58", "text": "at the recent peak, sitting at around"}, {"start": "00:03:55", "end": "00:04:01", "text": "4,300 at the time of this filming. The"}, {"start": "00:03:58", "end": "00:04:03", "text": "structure of this gold chart must be"}, {"start": "00:04:01", "end": "00:04:04", "text": "acknowledged. The last time gold had a"}, {"start": "00:04:03", "end": "00:04:05", "text": "pattern like this and performed this"}, {"start": "00:04:04", "end": "00:04:07", "text": "way,"}, {"start": "00:04:05", "end": "00:04:10", "text": "it's a very interesting overlapping and"}, {"start": "00:04:07", "end": "00:04:12", "text": "coincidental circumstances."}, {"start": "00:04:10", "end": "00:04:14", "text": "We had stagflation hit the United States"}, {"start": "00:04:12", "end": "00:04:16", "text": "with a US energy crisis and conflict"}, {"start": "00:04:14", "end": "00:04:18", "text": "with Iran, and now we're staring down"}, {"start": "00:04:16", "end": "00:04:20", "text": "the barrel of something very, very"}, {"start": "00:04:18", "end": "00:04:21", "text": "similar. But the side up here is that"}, {"start": "00:04:20", "end": "00:04:23", "text": "we're going to grow our way out of this"}, {"start": "00:04:21", "end": "00:04:26", "text": "scenario where gold doesn't quite"}, {"start": "00:04:23", "end": "00:04:27", "text": "believe you. Gold is performing as you"}, {"start": "00:04:26", "end": "00:04:31", "text": "would expect from a strong store of"}, {"start": "00:04:27", "end": "00:04:32", "text": "value asset in the face of more money"}, {"start": "00:04:31", "end": "00:04:35", "text": "printing coming down the pipeline. And"}, {"start": "00:04:32", "end": "00:04:37", "text": "now this cup and handle played out and"}, {"start": "00:04:35", "end": "00:04:39", "text": "we measured to where it went actually to"}, {"start": "00:04:37", "end": "00:04:43", "text": "develop a bull flag recently here at the"}, {"start": "00:04:39", "end": "00:04:45", "text": "$3,300 mark. The bull flag pole, if you"}, {"start": "00:04:43", "end": "00:04:46", "text": "end up extrapolating this out and"}, {"start": "00:04:45", "end": "00:04:50", "text": "looking at where that performance leads"}, {"start": "00:04:46", "end": "00:04:52", "text": "you, it takes you to about $5,000 an"}, {"start": "00:04:50", "end": "00:04:54", "text": "ounce. Now, gold overperformed this by"}, {"start": "00:04:52", "end": "00:04:56", "text": "5,600. Now, the last time the markets"}, {"start": "00:04:54", "end": "00:04:59", "text": "and the Treasury were acting this way,"}, {"start": "00:04:56", "end": "00:05:01", "text": "gold did almost a picture-perfect repeat"}, {"start": "00:04:59", "end": "00:05:03", "text": "of this pattern. You have an originating"}, {"start": "00:05:01", "end": "00:05:07", "text": "cup and handle pattern developed from"}, {"start": "00:05:03", "end": "00:05:10", "text": "1975 to 1978. You have the expansion out"}, {"start": "00:05:07", "end": "00:05:12", "text": "of the cup and handle up to a, what do"}, {"start": "00:05:10", "end": "00:05:14", "text": "you know, developed bull flag. The"}, {"start": "00:05:12", "end": "00:05:16", "text": "target for that pole of the bull flag"}, {"start": "00:05:14", "end": "00:05:19", "text": "ends up playing out. But at the time it"}, {"start": "00:05:16", "end": "00:05:22", "text": "was sitting at around $380 an ounce,"}, {"start": "00:05:19", "end": "00:05:24", "text": "that bull flag was overperformed by a,"}, {"start": "00:05:22", "end": "00:05:26", "text": "good grief, very, very similar to how we"}, {"start": "00:05:24", "end": "00:05:29", "text": "overperformed the bull flag that we were"}, {"start": "00:05:26", "end": "00:05:31", "text": "currently looking at on gold. What"}, {"start": "00:05:29", "end": "00:05:34", "text": "happened after that stagflationary pump"}, {"start": "00:05:31", "end": "00:05:36", "text": "for gold was a massive bear market. Now,"}, {"start": "00:05:34", "end": "00:05:38", "text": "I'm going to be conservative here,"}, {"start": "00:05:36", "end": "00:05:40", "text": "taking a look at where gold fell to from"}, {"start": "00:05:38", "end": "00:05:42", "text": "its all-time high down to the bull flag"}, {"start": "00:05:40", "end": "00:05:44", "text": "range, not going all the way to these"}, {"start": "00:05:42", "end": "00:05:47", "text": "extreme lows. Coming back down to the"}, {"start": "00:05:44", "end": "00:05:49", "text": "bull flag brings gold down by 55% in"}, {"start": "00:05:47", "end": "00:05:51", "text": "that circumstance. On our current"}, {"start": "00:05:49", "end": "00:05:54", "text": "situation with gold, let's take a look"}, {"start": "00:05:51", "end": "00:05:55", "text": "at what a diminished pullback down to"}, {"start": "00:05:54", "end": "00:05:58", "text": "the bull flag that was developed on the"}, {"start": "00:05:55", "end": "00:06:00", "text": "way up as the markets called the bluff"}, {"start": "00:05:58", "end": "00:06:03", "text": "of the Treasury and the Federal Reserve."}, {"start": "00:06:00", "end": "00:06:06", "text": "Should gold fall by 38%?"}, {"start": "00:06:03", "end": "00:06:08", "text": "That would cause an immense amount of"}, {"start": "00:06:06", "end": "00:06:10", "text": "people taking profits and putting those"}, {"start": "00:06:08", "end": "00:06:13", "text": "profits in other assets that they"}, {"start": "00:06:10", "end": "00:06:15", "text": "believe can rise over time higher and"}, {"start": "00:06:13", "end": "00:06:18", "text": "faster than inflation is likely to do"}, {"start": "00:06:15", "end": "00:06:20", "text": "so. And it's my analysis that if we do"}, {"start": "00:06:18", "end": "00:06:22", "text": "see this historical pattern play out and"}, {"start": "00:06:20", "end": "00:06:24", "text": "gold return back to this bull flag at"}, {"start": "00:06:22", "end": "00:06:26", "text": "$3,300,"}, {"start": "00:06:24", "end": "00:06:29", "text": "I can see about 25% of that capital,"}, {"start": "00:06:26", "end": "00:06:31", "text": "that liquid capital making its way into"}, {"start": "00:06:29", "end": "00:06:33", "text": "the digital version of gold, aka"}, {"start": "00:06:31", "end": "00:06:35", "text": "Bitcoin. Bitcoin from a trader's"}, {"start": "00:06:33", "end": "00:06:37", "text": "perspective is sitting in a very"}, {"start": "00:06:35", "end": "00:06:38", "text": "opportunistic time frame right now. So,"}, {"start": "00:06:37", "end": "00:06:40", "text": "when the best analysts in the world are"}, {"start": "00:06:38", "end": "00:06:42", "text": "starting to acknowledge that it is a"}, {"start": "00:06:40", "end": "00:06:45", "text": "bottom formation that we're looking at"}, {"start": "00:06:42", "end": "00:06:47", "text": "currently, I can see 25% of a gold"}, {"start": "00:06:45", "end": "00:06:49", "text": "pullback back to this bull flag making"}, {"start": "00:06:47", "end": "00:06:51", "text": "its way into Bitcoin. Now, should we see"}, {"start": "00:06:49", "end": "00:06:53", "text": "that kind of pullback, that would equal"}, {"start": "00:06:51", "end": "00:06:56", "text": "a total amount of money coming into the"}, {"start": "00:06:53", "end": "00:06:57", "text": "Bitcoin market cap of around $2.4"}, {"start": "00:06:56", "end": "00:06:59", "text": "trillion."}, {"start": "00:06:57", "end": "00:07:01", "text": "We're currently sitting at a $1.6"}, {"start": "00:06:59", "end": "00:07:06", "text": "trillion market cap. That would actually"}, {"start": "00:07:01", "end": "00:07:08", "text": "make Bitcoin rise to around $198,000"}, {"start": "00:07:06", "end": "00:07:10", "text": "just with that movement alone. Then you"}, {"start": "00:07:08", "end": "00:07:12", "text": "add on the conversations of Bitcoin's"}, {"start": "00:07:10", "end": "00:07:15", "text": "strategic reserves, companies holding"}, {"start": "00:07:12", "end": "00:07:17", "text": "Bitcoin as a strategic reserve asset,"}, {"start": "00:07:15", "end": "00:07:19", "text": "and the idea of digital credit making"}, {"start": "00:07:17", "end": "00:07:21", "text": "its way into the bond market over the"}, {"start": "00:07:19", "end": "00:07:23", "text": "next few years, there is a lot of ground"}, {"start": "00:07:21", "end": "00:07:25", "text": "that Bitcoin stands to gain against"}, {"start": "00:07:23", "end": "00:07:28", "text": "gold, and seeing and acknowledging the"}, {"start": "00:07:25", "end": "00:07:30", "text": "actual macroeconomic data around us, the"}, {"start": "00:07:28", "end": "00:07:33", "text": "reason for historical gold pumps like"}, {"start": "00:07:30", "end": "00:07:35", "text": "we've just seen, and knowing that market"}, {"start": "00:07:33", "end": "00:07:37", "text": "participants are going to be taking that"}, {"start": "00:07:35", "end": "00:07:40", "text": "profit and rolling it into other assets"}, {"start": "00:07:37", "end": "00:07:42", "text": "as time goes on, leads me to make a"}, {"start": "00:07:40", "end": "00:07:45", "text": "very, very serious point about this."}, {"start": "00:07:42", "end": "00:07:47", "text": "Bitcoin rising to $300,000"}, {"start": "00:07:45", "end": "00:07:49", "text": "is not fool's gold. But, let me know"}, {"start": "00:07:47", "end": "00:07:51", "text": "what you think down in the comments"}, {"start": "00:07:49", "end": "00:07:53", "text": "below. Gold and Bitcoin are highly"}, {"start": "00:07:51", "end": "00:07:55", "text": "contested asset classes and usually"}, {"start": "00:07:53", "end": "00:07:57", "text": "polar opposite with the type of holder"}, {"start": "00:07:55", "end": "00:07:59", "text": "that has them. There's going to be a lot"}, {"start": "00:07:57", "end": "00:08:01", "text": "of cope on the market as Bitcoin stands"}, {"start": "00:07:59", "end": "00:08:04", "text": "at $77,000,"}, {"start": "00:08:01", "end": "00:08:07", "text": "coils up at this bottoming scenario for"}, {"start": "00:08:04", "end": "00:08:09", "text": "people that can never imagine Bitcoin"}, {"start": "00:08:07", "end": "00:08:10", "text": "rising to $300,000."}, {"start": "00:08:09", "end": "00:08:13", "text": "Let me know in the comments what you"}, {"start": "00:08:10", "end": "00:08:15", "text": "think. Can Bitcoin hit 300K? I'd say"}, {"start": "00:08:13", "end": "00:08:16", "text": "absolutely so. Over the course of the"}, {"start": "00:08:15", "end": "00:08:18", "text": "next few years, we're standing a high"}, {"start": "00:08:16", "end": "00:08:20", "text": "potential of that happening, but I'm"}, {"start": "00:08:18", "end": "00:08:23", "text": "interested in your thoughts as well, and"}, {"start": "00:08:20", "end": "00:08:23", "text": "I'll see you on the next one."}]

[{"start": "00:00:00", "end": "00:00:06", "text": "gives us an abstract that use [music]"}, {"start": "00:00:03", "end": "00:00:08", "text": "fiat fiat fiat currency"}, {"start": "00:00:06", "end": "00:00:12", "text": "as a store of [music]"}, {"start": "00:00:08", "end": "00:00:15", "text": "value. We call them poor. We call them"}, {"start": "00:00:12", "end": "00:00:18", "text": "we poor."}, {"start": "00:00:15", "end": "00:00:20", "text": "Welcome to discover crypto. People who"}, {"start": "00:00:18", "end": "00:00:22", "text": "shorted Bitcoin this morning, we also"}, {"start": "00:00:20", "end": "00:00:25", "text": "call them poor. Mass destruction and"}, {"start": "00:00:22", "end": "00:00:27", "text": "chaos has just unfolded on the Bitcoin"}, {"start": "00:00:25", "end": "00:00:29", "text": "chart. Things are being absolutely"}, {"start": "00:00:27", "end": "00:00:33", "text": "ridiculous to the upside right now. A"}, {"start": "00:00:29", "end": "00:00:34", "text": "quick flash wash out down to $76,000"}, {"start": "00:00:33", "end": "00:00:38", "text": "happened in a blink of an eye and all of"}, {"start": "00:00:34", "end": "00:00:42", "text": "a sudden we're tapping near $80,000."}, {"start": "00:00:38", "end": "00:00:44", "text": "All on the heels of CPI inflation data"}, {"start": "00:00:42", "end": "00:00:47", "text": "coming out and a lot of admittance from"}, {"start": "00:00:44", "end": "00:00:48", "text": "the Treasury on their buyback program."}, {"start": "00:00:47", "end": "00:00:50", "text": "We actually have a solution for this"}, {"start": "00:00:48", "end": "00:00:52", "text": "that we came up with on how we can"}, {"start": "00:00:50", "end": "00:00:54", "text": "entice more people to buy our useless"}, {"start": "00:00:52", "end": "00:00:57", "text": "fiat currency debt. And I have one of"}, {"start": "00:00:54", "end": "00:00:59", "text": "the more bullish things that I've come"}, {"start": "00:00:57", "end": "00:01:03", "text": "across in a very, very long time to talk"}, {"start": "00:00:59", "end": "00:01:06", "text": "about on the Bitcoin chart. Shout out to"}, {"start": "00:01:03", "end": "00:01:08", "text": "everyone here. And we got Mr. TJ on the"}, {"start": "00:01:06", "end": "00:01:10", "text": "wings. Happy Friday to you, good sir."}, {"start": "00:01:08", "end": "00:01:11", "text": ">> Happy Friday. Happy Friday. It is a very"}, {"start": "00:01:10", "end": "00:01:14", "text": "happy Friday. It's happy Friday for all"}, {"start": "00:01:11", "end": "00:01:17", "text": "of us cuz uh yeah, we're getting getting"}, {"start": "00:01:14", "end": "00:01:17", "text": "uh God, it's still going on. Still going"}, {"start": "00:01:17", "end": "00:01:19", "text": "on."}, {"start": "00:01:17", "end": "00:01:21", "text": ">> I know. I thought I fixed it last night."}, {"start": "00:01:19", "end": "00:01:23", "text": "It's a weird hum. So"}, {"start": "00:01:21", "end": "00:01:25", "text": ">> uh no, prices are pumping like crazy."}, {"start": "00:01:23", "end": "00:01:27", "text": "I'll just get right into that. Um, you"}, {"start": "00:01:25", "end": "00:01:29", "text": "know, all all my favorite coins up here"}, {"start": "00:01:27", "end": "00:01:32", "text": "at the top, which I'm loving. It's like,"}, {"start": "00:01:29", "end": "00:01:36", "text": "hey, DeFi, DeFi, def AI, DeFi, DeFi,"}, {"start": "00:01:32", "end": "00:01:39", "text": "DeFi, DeFi, DeFi, Ethereum, which is"}, {"start": "00:01:36", "end": "00:01:40", "text": "also DeFi, DeFi, DeFi, DeFi. So, you"}, {"start": "00:01:39", "end": "00:01:42", "text": "know,"}, {"start": "00:01:40", "end": "00:01:44", "text": "uh, it feels good. It feels good when"}, {"start": "00:01:42", "end": "00:01:47", "text": "you put your money where your mouth is"}, {"start": "00:01:44", "end": "00:01:49", "text": "and it pays off. Um, because yeah, I"}, {"start": "00:01:47", "end": "00:01:51", "text": "mean, now I'm just regretting not being"}, {"start": "00:01:49", "end": "00:01:54", "text": "more degenerate into all these things."}, {"start": "00:01:51", "end": "00:01:56", "text": "still obviously a major bitcoin, you"}, {"start": "00:01:54", "end": "00:01:58", "text": "know, still a heavy Bitcoin Ethereum,"}, {"start": "00:01:56", "end": "00:02:01", "text": "but have radium. I don't have any pawns."}, {"start": "00:01:58", "end": "00:02:03", "text": "We did talk about it though. Uh VVV"}, {"start": "00:02:01", "end": "00:02:06", "text": "obviously you guys know I love near is"}, {"start": "00:02:03", "end": "00:02:08", "text": "my my beta play when it comes to AI. Tow"}, {"start": "00:02:06", "end": "00:02:10", "text": "and I kind of pair them up. Jupiter,"}, {"start": "00:02:08", "end": "00:02:13", "text": "Arrow, Lighter, I probably should have"}, {"start": "00:02:10", "end": "00:02:15", "text": "but don't. Ethereum, Uni, Morpho, A all"}, {"start": "00:02:13", "end": "00:02:17", "text": "all my favorite coins moving very"}, {"start": "00:02:15", "end": "00:02:20", "text": "bullish on uh on the big news today."}, {"start": "00:02:17", "end": "00:02:22", "text": "Obviously, Bitcoin rapid moves, you"}, {"start": "00:02:20", "end": "00:02:24", "text": "know, went down to flush liquidity, like"}, {"start": "00:02:22", "end": "00:02:25", "text": "you said, 68, then just rocketed. We We"}, {"start": "00:02:24", "end": "00:02:26", "text": "were sitting here watching it happen"}, {"start": "00:02:25", "end": "00:02:28", "text": "live. We're like, \"Whoa, what's going"}, {"start": "00:02:26", "end": "00:02:30", "text": "Look, whoa, we're already back to 7."}, {"start": "00:02:28", "end": "00:02:32", "text": "Whoa, we're already back to 78. Whoa,"}, {"start": "00:02:30", "end": "00:02:34", "text": "we're almost 79.\" Uh, and the the story"}, {"start": "00:02:32", "end": "00:02:36", "text": "for me of the day, and I think this is"}, {"start": "00:02:34", "end": "00:02:38", "text": "going to be the story for a while, is"}, {"start": "00:02:36", "end": "00:02:39", "text": "Ethereum. You know, I always we talk"}, {"start": "00:02:38", "end": "00:02:42", "text": "about tracking things in Bitcoin. We"}, {"start": "00:02:39", "end": "00:02:43", "text": "talk about the Ethereum BTC chart, but"}, {"start": "00:02:42", "end": "00:02:46", "text": "it's starting to hit some pretty"}, {"start": "00:02:43", "end": "00:02:48", "text": "significant levels. uh kind of starting"}, {"start": "00:02:46", "end": "00:02:52", "text": "to clear some resistances. So, we'll see"}, {"start": "00:02:48", "end": "00:02:54", "text": "if it holds. But, I mean, yeah, if"}, {"start": "00:02:52", "end": "00:02:57", "text": "Ethereum outpacing Bitcoin is a very"}, {"start": "00:02:54", "end": "00:02:59", "text": "good sign for all coins. Um, yeah, I"}, {"start": "00:02:57", "end": "00:03:01", "text": "mean, I just these moves on Ethereum"}, {"start": "00:02:59", "end": "00:03:02", "text": "have been uh been nice. So,"}, {"start": "00:03:01", "end": "00:03:06", "text": ">> yeah, you're reminding me to look at the"}, {"start": "00:03:02", "end": "00:03:09", "text": "ETH to BTC chart as well. Um, and now"}, {"start": "00:03:06", "end": "00:03:12", "text": "also just on that vein this morning, the"}, {"start": "00:03:09", "end": "00:03:14", "text": "crazy part about this morning was it was"}, {"start": "00:03:12", "end": "00:03:16", "text": "a liquidation wipe of over the last 24"}, {"start": "00:03:14", "end": "00:03:20", "text": "hours we've seen half a billion dollars"}, {"start": "00:03:16", "end": "00:03:23", "text": "in shorts liquidated and $253 million in"}, {"start": "00:03:20", "end": "00:03:26", "text": "longs. So, we're seeing massive massive"}, {"start": "00:03:23", "end": "00:03:29", "text": "liquidation wicks and Bitcoin, you know,"}, {"start": "00:03:26", "end": "00:03:31", "text": "I was looking at it right this morning."}, {"start": "00:03:29", "end": "00:03:34", "text": "It actually left some of these bears"}, {"start": "00:03:31", "end": "00:03:36", "text": "behind alive uh with their you know the"}, {"start": "00:03:34", "end": "00:03:38", "text": "longs were left slightly alive. All the"}, {"start": "00:03:36", "end": "00:03:41", "text": "bears died though. All the bears died."}, {"start": "00:03:38", "end": "00:03:42", "text": "And this is the uh kind of catalyst I"}, {"start": "00:03:41", "end": "00:03:45", "text": "was looking for. And the data that we"}, {"start": "00:03:42", "end": "00:03:47", "text": "came across uh it was a friend of the"}, {"start": "00:03:45", "end": "00:03:49", "text": "show Matthew Highland put out the"}, {"start": "00:03:47", "end": "00:03:52", "text": "Ballinger bands. the Ballinger band"}, {"start": "00:03:49", "end": "00:03:56", "text": "signal that actually I think is I I took"}, {"start": "00:03:52", "end": "00:03:58", "text": "this about 10 steps further to look at"}, {"start": "00:03:56", "end": "00:04:00", "text": "what this Ballinger band signal for"}, {"start": "00:03:58", "end": "00:04:03", "text": "Ethereum and Bitcoin actually could play"}, {"start": "00:04:00", "end": "00:04:06", "text": "out to because these patterns looked"}, {"start": "00:04:03", "end": "00:04:09", "text": "very very similar. So I decided to go"}, {"start": "00:04:06", "end": "00:04:11", "text": "back into history, compare and contrast"}, {"start": "00:04:09", "end": "00:04:13", "text": "these and then roll it out in a"}, {"start": "00:04:11", "end": "00:04:16", "text": "reasonable manner to look at what this"}, {"start": "00:04:13", "end": "00:04:18", "text": "actually could mean for Bitcoin over the"}, {"start": "00:04:16", "end": "00:04:20", "text": "course of the next 10 years. And the"}, {"start": "00:04:18", "end": "00:04:23", "text": "results are shocking. The results are"}, {"start": "00:04:20", "end": "00:04:26", "text": "going to leave a lot of people um on the"}, {"start": "00:04:23", "end": "00:04:28", "text": "sidelines in pain and regretting all"}, {"start": "00:04:26", "end": "00:04:30", "text": "their decisions of living in fear over"}, {"start": "00:04:28", "end": "00:04:31", "text": "the course of the last year here. So,"}, {"start": "00:04:30", "end": "00:04:33", "text": "I'm going to be talking about that. We"}, {"start": "00:04:31", "end": "00:04:36", "text": "had the big news come out this morning"}, {"start": "00:04:33", "end": "00:04:38", "text": "about core CPI rising faster than the"}, {"start": "00:04:36", "end": "00:04:40", "text": "forecast.3%"}, {"start": "00:04:38", "end": "00:04:42", "text": "in August, setting up a possible Federal"}, {"start": "00:04:40", "end": "00:04:44", "text": "Reserve rate hike. seeing conflicting"}, {"start": "00:04:42", "end": "00:04:46", "text": "things because we're seeing the"}, {"start": "00:04:44", "end": "00:04:49", "text": "likelihood of a Federal Reserve interest"}, {"start": "00:04:46", "end": "00:04:50", "text": "rate increase come. But TJ had a great"}, {"start": "00:04:49", "end": "00:04:54", "text": "point this morning. This is being talked"}, {"start": "00:04:50", "end": "00:04:56", "text": "about. Core CPI at 2.4%. Is the lowest"}, {"start": "00:04:54", "end": "00:04:58", "text": "in 5 years."}, {"start": "00:04:56", "end": "00:05:02", "text": ">> So we're seeing this happen at the same"}, {"start": "00:04:58", "end": "00:05:03", "text": "time. Lowest CPI print in 5 years. Never"}, {"start": "00:05:02", "end": "00:05:05", "text": "strips out food and energy, of course,"}, {"start": "00:05:03", "end": "00:05:07", "text": "because we don't count those things. is"}, {"start": "00:05:05", "end": "00:05:08", "text": "it reflects the sticky underlying part"}, {"start": "00:05:07", "end": "00:05:10", "text": "of inflation things like shelter"}, {"start": "00:05:08", "end": "00:05:13", "text": "services everyday goods and it's been"}, {"start": "00:05:10", "end": "00:05:16", "text": "falling steadily for years a very very"}, {"start": "00:05:13", "end": "00:05:18", "text": "interesting data point here you know"}, {"start": "00:05:16", "end": "00:05:20", "text": "what do you make of this teach because"}, {"start": "00:05:18", "end": "00:05:21", "text": "we also we have this print which is the"}, {"start": "00:05:20", "end": "00:05:24", "text": "lowest in five years"}, {"start": "00:05:21", "end": "00:05:25", "text": ">> at the same time diesel is hitting"}, {"start": "00:05:24", "end": "00:05:27", "text": "all-time highs right"}, {"start": "00:05:25", "end": "00:05:28", "text": ">> yeah I mean I think en energy is going"}, {"start": "00:05:27", "end": "00:05:32", "text": "to be at the core of a lot of this stuff"}, {"start": "00:05:28", "end": "00:05:34", "text": "and to me"}, {"start": "00:05:32", "end": "00:05:37", "text": "is it's gonna kind of counterintuitive"}, {"start": "00:05:34", "end": "00:05:40", "text": "but the fact it that it this will end,"}, {"start": "00:05:37", "end": "00:05:41", "text": "right? At some point, we will resolve"}, {"start": "00:05:40", "end": "00:05:43", "text": "everything that's going on in the Middle"}, {"start": "00:05:41", "end": "00:05:45", "text": "East. Oil is going to drop"}, {"start": "00:05:43", "end": "00:05:47", "text": "significantly. Crude, diesel will come"}, {"start": "00:05:45", "end": "00:05:50", "text": "back down. We're we're working on other"}, {"start": "00:05:47", "end": "00:05:52", "text": "energy solutions. So energy is, you"}, {"start": "00:05:50", "end": "00:05:54", "text": "know, right at the center of all of"}, {"start": "00:05:52", "end": "00:05:56", "text": "this, which is interesting because, you"}, {"start": "00:05:54", "end": "00:05:59", "text": "know, basically Bitcoin is stored"}, {"start": "00:05:56", "end": "00:06:00", "text": "energy, right? So, but I think a lot of"}, {"start": "00:05:59", "end": "00:06:02", "text": "this stuff will come down and we're"}, {"start": "00:06:00", "end": "00:06:04", "text": "going to see a major boom that comes"}, {"start": "00:06:02", "end": "00:06:06", "text": "from it. So, that's what I think is"}, {"start": "00:06:04", "end": "00:06:08", "text": "causing a lot of the Treasury issues is"}, {"start": "00:06:06", "end": "00:06:10", "text": "a lot of these prices. And as soon as"}, {"start": "00:06:08", "end": "00:06:13", "text": "all that ends, we can see the Treasury"}, {"start": "00:06:10", "end": "00:06:14", "text": "things come back down hopefully. But,"}, {"start": "00:06:13", "end": "00:06:15", "text": "um, either way, they're going to print"}, {"start": "00:06:14", "end": "00:06:17", "text": "they're going to print a lot of money."}, {"start": "00:06:15", "end": "00:06:19", "text": "So, uh, but yeah, it was interesting."}, {"start": "00:06:17", "end": "00:06:21", "text": "The CPI numbers weren't necessarily all"}, {"start": "00:06:19", "end": "00:06:24", "text": "that different than what was expected."}, {"start": "00:06:21", "end": "00:06:25", "text": "Uh, they kind of stayed similar, but I"}, {"start": "00:06:24", "end": "00:06:27", "text": "do think we are heading in the right"}, {"start": "00:06:25", "end": "00:06:29", "text": "direction. If I actually have it on the"}, {"start": "00:06:27", "end": "00:06:32", "text": "chart here. So, here's the last five"}, {"start": "00:06:29", "end": "00:06:33", "text": "years of CP. I mean, you can see like"}, {"start": "00:06:32", "end": "00:06:35", "text": "there's a lot of doom and gloom out"}, {"start": "00:06:33", "end": "00:06:37", "text": "there. Now, now again, the way they"}, {"start": "00:06:35", "end": "00:06:39", "text": "measure it has a big difference. They're"}, {"start": "00:06:37", "end": "00:06:41", "text": "going, you know, year-over-year and all"}, {"start": "00:06:39", "end": "00:06:42", "text": "that sort of stuff. So, that all that"}, {"start": "00:06:41", "end": "00:06:44", "text": "matter if you look at the 10-year, it's"}, {"start": "00:06:42", "end": "00:06:47", "text": "not quite as bullish, but you can kind"}, {"start": "00:06:44", "end": "00:06:49", "text": "of see we're getting much more similar"}, {"start": "00:06:47", "end": "00:06:50", "text": "to where we were 2017 18 and then you"}, {"start": "00:06:49", "end": "00:06:52", "text": "obviously here's where we printed all"}, {"start": "00:06:50", "end": "00:06:55", "text": "the money in 2020 and then just boom,"}, {"start": "00:06:52", "end": "00:06:58", "text": "skyrocketed. So, to me, this is again"}, {"start": "00:06:55", "end": "00:07:00", "text": "heading in the right direction. 2.4"}, {"start": "00:06:58", "end": "00:07:01", "text": "by you know, pretty significantly. I"}, {"start": "00:07:00", "end": "00:07:03", "text": "mean it's too you know like it's been"}, {"start": "00:07:01", "end": "00:07:06", "text": "going down."}, {"start": "00:07:03", "end": "00:07:08", "text": ">> So yeah I think this is uh"}, {"start": "00:07:06", "end": "00:07:10", "text": "just super bullish. I mean when you"}, {"start": "00:07:08", "end": "00:07:12", "text": "start look it's it's not just the CPI"}, {"start": "00:07:10", "end": "00:07:14", "text": "again a lot of that is fugazi. They pull"}, {"start": "00:07:12", "end": "00:07:16", "text": "numbers in put numbers out all that sort"}, {"start": "00:07:14", "end": "00:07:18", "text": "of stuff. We know that the inflation is"}, {"start": "00:07:16", "end": "00:07:20", "text": "real and relevant and persistent over"}, {"start": "00:07:18", "end": "00:07:21", "text": "time. So they are printing more dollars"}, {"start": "00:07:20", "end": "00:07:24", "text": "and you know you can look at the money"}, {"start": "00:07:21", "end": "00:07:27", "text": "supply. Um, but Bitcoin, Ethereum, and"}, {"start": "00:07:24", "end": "00:07:30", "text": "again, all markets coming on chain like"}, {"start": "00:07:27", "end": "00:07:32", "text": "that is the the story. I'm not going to"}, {"start": "00:07:30", "end": "00:07:34", "text": "stop talking about that. They're, you"}, {"start": "00:07:32", "end": "00:07:36", "text": "know, there's a lot of signs. I think we"}, {"start": "00:07:34", "end": "00:07:38", "text": "talked about it earlier in the week that"}, {"start": "00:07:36", "end": "00:07:40", "text": "NASDAQ, we I talked about NASDAQ"}, {"start": "00:07:38", "end": "00:07:41", "text": "investing in Kraken."}, {"start": "00:07:40", "end": "00:07:44", "text": ">> We didn't mention that. We've been"}, {"start": "00:07:41", "end": "00:07:46", "text": "covering basically where the, you know,"}, {"start": "00:07:44", "end": "00:07:49", "text": "the flows of these real world assets or"}, {"start": "00:07:46", "end": "00:07:51", "text": "tokenized stocks are going to like the,"}, {"start": "00:07:49", "end": "00:07:53", "text": "you know, protocols that are kind of"}, {"start": "00:07:51", "end": "00:07:55", "text": "positioned to gain the most out of this"}, {"start": "00:07:53", "end": "00:07:56", "text": "happening because it's undeniable. But"}, {"start": "00:07:55", "end": "00:07:58", "text": "yeah, definitely lay out the NASDAQ."}, {"start": "00:07:56", "end": "00:07:59", "text": ">> Well, the stock market is just"}, {"start": "00:07:58", "end": "00:08:02", "text": "completely coming on chain. It's not"}, {"start": "00:07:59", "end": "00:08:04", "text": "we're not we're not crypto isn't going"}, {"start": "00:08:02", "end": "00:08:07", "text": "to equities markets. equities markets"}, {"start": "00:08:04", "end": "00:08:09", "text": "are coming to crypto and NASDAQ has made"}, {"start": "00:08:07", "end": "00:08:11", "text": "a investment in Kraken's parent company"}, {"start": "00:08:09", "end": "00:08:13", "text": "because they see where this stuff is"}, {"start": "00:08:11", "end": "00:08:14", "text": "going. Uh and that and that's the"}, {"start": "00:08:13", "end": "00:08:16", "text": "reality that we're moving into and"}, {"start": "00:08:14", "end": "00:08:19", "text": "that's again why I've been so bullish on"}, {"start": "00:08:16", "end": "00:08:20", "text": "DeFi because really it's not going to be"}, {"start": "00:08:19", "end": "00:08:23", "text": "DeFi anymore. It's just going to be"}, {"start": "00:08:20", "end": "00:08:25", "text": "finance. Finance is going to run onchain"}, {"start": "00:08:23", "end": "00:08:26", "text": "and it's going to be onchain finance and"}, {"start": "00:08:25", "end": "00:08:29", "text": "that's how it's going to work for the"}, {"start": "00:08:26", "end": "00:08:31", "text": "rest of time. And so I guess the one"}, {"start": "00:08:29", "end": "00:08:32", "text": "encouragement I want to give you guys"}, {"start": "00:08:31", "end": "00:08:34", "text": "because I was thinking about this"}, {"start": "00:08:32", "end": "00:08:37", "text": "because I'm I'm working on some school"}, {"start": "00:08:34", "end": "00:08:39", "text": "stuff and one of the things I wish I"}, {"start": "00:08:37", "end": "00:08:41", "text": "knew when I very first started is you do"}, {"start": "00:08:39", "end": "00:08:43", "text": "have time. Like you want to act with"}, {"start": "00:08:41", "end": "00:08:47", "text": "conviction and with haste, but you don't"}, {"start": "00:08:43", "end": "00:08:50", "text": "need to have FOMO because there will be"}, {"start": "00:08:47", "end": "00:08:52", "text": "10, 20 more years of this, 10, 15 years"}, {"start": "00:08:50", "end": "00:08:55", "text": "of capturing onchain opportunities"}, {"start": "00:08:52", "end": "00:08:56", "text": "because they're going to continue and"}, {"start": "00:08:55", "end": "00:08:57", "text": "there will always be new things and"}, {"start": "00:08:56", "end": "00:09:00", "text": "these new markets that are coming out"}, {"start": "00:08:57", "end": "00:09:01", "text": "and these new creative uh products that"}, {"start": "00:09:00", "end": "00:09:04", "text": "are going to be created on top of this"}, {"start": "00:09:01", "end": "00:09:06", "text": "stuff is going to absolutely change the"}, {"start": "00:09:04", "end": "00:09:09", "text": "entire financial landscape of the world."}, {"start": "00:09:06", "end": "00:09:11", "text": "uh we were just really really really"}, {"start": "00:09:09", "end": "00:09:12", "text": "early and in some ways arguably too"}, {"start": "00:09:11", "end": "00:09:14", "text": "early when it comes to a lot of this"}, {"start": "00:09:12", "end": "00:09:15", "text": "stuff. Yeah. So I'm saying you've got"}, {"start": "00:09:14", "end": "00:09:18", "text": "time. That's absolutely what I'm saying."}, {"start": "00:09:15", "end": "00:09:20", "text": "You have time. You're not going to miss"}, {"start": "00:09:18", "end": "00:09:22", "text": "this. You know, just keep stacking and"}, {"start": "00:09:20", "end": "00:09:25", "text": "keep your conviction. And I think that's"}, {"start": "00:09:22", "end": "00:09:26", "text": "the one thing that I think too many"}, {"start": "00:09:25", "end": "00:09:29", "text": "people get caught up in is like trying"}, {"start": "00:09:26", "end": "00:09:31", "text": "to make millions of dollars, you know,"}, {"start": "00:09:29", "end": "00:09:33", "text": "overnight. like you will make you will"}, {"start": "00:09:31", "end": "00:09:36", "text": "make life-changing money if you get in,"}, {"start": "00:09:33", "end": "00:09:39", "text": "you engage, and you invest, and you stay"}, {"start": "00:09:36", "end": "00:09:41", "text": "convicted over time. That's that's what"}, {"start": "00:09:39", "end": "00:09:42", "text": "it's all about. You know, time in the"}, {"start": "00:09:41", "end": "00:09:45", "text": "market. We say it all the time, time in"}, {"start": "00:09:42", "end": "00:09:47", "text": "the market beats timing the market. And"}, {"start": "00:09:45", "end": "00:09:49", "text": "the number one way most people that I"}, {"start": "00:09:47", "end": "00:09:50", "text": "know that have gotten very very wealthy,"}, {"start": "00:09:49", "end": "00:09:52", "text": "it's just from never selling, you know,"}, {"start": "00:09:50", "end": "00:09:54", "text": "and just staying staying in the game and"}, {"start": "00:09:52", "end": "00:09:56", "text": "accumulating. And I don't care if you're"}, {"start": "00:09:54", "end": "00:09:58", "text": "just buying. You could have just bought"}, {"start": "00:09:56", "end": "00:10:00", "text": "Bitcoin and you don't have to go chasing"}, {"start": "00:09:58", "end": "00:10:01", "text": "all these low cap altcoins. You can"}, {"start": "00:10:00", "end": "00:10:03", "text": "still make life-changing money just"}, {"start": "00:10:01", "end": "00:10:05", "text": "buying Bitcoin and Ethereum or just, you"}, {"start": "00:10:03", "end": "00:10:08", "text": "know, again, getting some DeFi exposure."}, {"start": "00:10:05", "end": "00:10:12", "text": "Like, you've got time. Don't freak out."}, {"start": "00:10:08", "end": "00:10:14", "text": "I remember I put it this way in 2017."}, {"start": "00:10:12", "end": "00:10:17", "text": "I thought I was too late."}, {"start": "00:10:14", "end": "00:10:19", "text": ">> So, just for perspective, like I thought"}, {"start": "00:10:17", "end": "00:10:21", "text": "I oh, I missed it. you know, the this"}, {"start": "00:10:19", "end": "00:10:24", "text": "biggest opportunity is behind me and"}, {"start": "00:10:21", "end": "00:10:25", "text": "that and I obviously I went all in and I"}, {"start": "00:10:24", "end": "00:10:27", "text": "stayed all in for a very very long time"}, {"start": "00:10:25", "end": "00:10:28", "text": "and that's rewarded me. And so I just"}, {"start": "00:10:27", "end": "00:10:31", "text": "want to give you that encouragement if"}, {"start": "00:10:28", "end": "00:10:34", "text": "you're just coming in in 2026 or if you"}, {"start": "00:10:31", "end": "00:10:36", "text": "got in in 25 or whenever it was and and"}, {"start": "00:10:34", "end": "00:10:37", "text": "don't feel bad if you bought the top and"}, {"start": "00:10:36", "end": "00:10:39", "text": "wrote it all the way down either. Almost"}, {"start": "00:10:37", "end": "00:10:41", "text": "everybody's first experience with crypto"}, {"start": "00:10:39", "end": "00:10:43", "text": "is coming in at a high because that's"}, {"start": "00:10:41", "end": "00:10:45", "text": "how it gets on people's radar. And then"}, {"start": "00:10:43", "end": "00:10:47", "text": "you go through your first bare market"}, {"start": "00:10:45", "end": "00:10:50", "text": "and you know, you learn a lot through"}, {"start": "00:10:47", "end": "00:10:52", "text": "that bare market. So yeah, we've got"}, {"start": "00:10:50", "end": "00:10:56", "text": "we've got plenty of time. Uh the best is"}, {"start": "00:10:52", "end": "00:10:57", "text": "yet to come. Don't uh you know, keep"}, {"start": "00:10:56", "end": "00:10:59", "text": "your emotions in check. That's the"}, {"start": "00:10:57", "end": "00:11:00", "text": "hardest part. Don't overreact"}, {"start": "00:10:59", "end": "00:11:02", "text": ">> and uh"}, {"start": "00:11:00", "end": "00:11:04", "text": ">> keep the caffeine levels low, too. I"}, {"start": "00:11:02", "end": "00:11:06", "text": "mean, as low as you can. I would say"}, {"start": "00:11:04", "end": "00:11:08", "text": "that. I'm trying to say that to me and"}, {"start": "00:11:06", "end": "00:11:10", "text": "you because we drink a copious amount of"}, {"start": "00:11:08", "end": "00:11:11", "text": "caffeine to keep up with the market,"}, {"start": "00:11:10", "end": "00:11:12", "text": "right? Yeah."}, {"start": "00:11:11", "end": "00:11:14", "text": ">> Um, I can't, but I'm going to get back"}, {"start": "00:11:12", "end": "00:11:16", "text": "to the stories. I can't get over this"}, {"start": "00:11:14", "end": "00:11:19", "text": "comment, though. I'm here for the crazy"}, {"start": "00:11:16", "end": "00:11:21", "text": "train solo. I was promised 3,000 years"}, {"start": "00:11:19", "end": "00:11:24", "text": "ago. I think I said on Blockchain"}, {"start": "00:11:21", "end": "00:11:26", "text": "Basement that at some point I would bust"}, {"start": "00:11:24", "end": "00:11:28", "text": "out the guitar and play the Crazy Train"}, {"start": "00:11:26", "end": "00:11:28", "text": "solo. I don't know if I ever told you"}, {"start": "00:11:28", "end": "00:11:29", "text": "this."}, {"start": "00:11:28", "end": "00:11:31", "text": ">> You can play that."}, {"start": "00:11:29", "end": "00:11:33", "text": ">> I could. And here's the story real"}, {"start": "00:11:31", "end": "00:11:34", "text": "quick. I will get back to crypto, but"}, {"start": "00:11:33", "end": "00:11:37", "text": "this actually plays into conviction,"}, {"start": "00:11:34", "end": "00:11:40", "text": "too. So, real I'm going to go on a story"}, {"start": "00:11:37", "end": "00:11:43", "text": "time right now. When I was a child, my"}, {"start": "00:11:40", "end": "00:11:47", "text": "father, he was an engineer and my mother"}, {"start": "00:11:43", "end": "00:11:48", "text": "CSI, very technical backgrounds and I"}, {"start": "00:11:47", "end": "00:11:50", "text": "had the capability to do technical"}, {"start": "00:11:48", "end": "00:11:54", "text": "backgrounds, but I instead wanted to be"}, {"start": "00:11:50", "end": "00:11:57", "text": "a rock star. So, I grabbed an acoustic"}, {"start": "00:11:54", "end": "00:11:59", "text": "guitar and it was from like the 1960s."}, {"start": "00:11:57", "end": "00:12:01", "text": "Very painful thing. It would make me"}, {"start": "00:11:59", "end": "00:12:04", "text": "bleed when I played with my fingers. My"}, {"start": "00:12:01", "end": "00:12:06", "text": "father would not let me pursue music in"}, {"start": "00:12:04", "end": "00:12:09", "text": "a focused manner unless I learned how to"}, {"start": "00:12:06", "end": "00:12:12", "text": "play the crazy train solo on this"}, {"start": "00:12:09", "end": "00:12:14", "text": "terrible acoustic guitar"}, {"start": "00:12:12", "end": "00:12:16", "text": "when I was a very young child. I pulled"}, {"start": "00:12:14", "end": "00:12:18", "text": "this off. I went and I sat down. I"}, {"start": "00:12:16", "end": "00:12:20", "text": "played him the crazy train solo from"}, {"start": "00:12:18", "end": "00:12:22", "text": "start to finish on this terrible"}, {"start": "00:12:20", "end": "00:12:25", "text": "acoustic guitar. And then from there, he"}, {"start": "00:12:22", "end": "00:12:27", "text": "let me dive into my passion, which at"}, {"start": "00:12:25", "end": "00:12:29", "text": "the time was music. And it ended up"}, {"start": "00:12:27", "end": "00:12:30", "text": "pretty good. Um, so that was I don't"}, {"start": "00:12:29", "end": "00:12:32", "text": "know if I've ever told you that story,"}, {"start": "00:12:30", "end": "00:12:34", "text": "TJ, but that's kind of like, you know,"}, {"start": "00:12:32", "end": "00:12:35", "text": "it's about conviction. It's about what"}, {"start": "00:12:34", "end": "00:12:36", "text": "you really really want and staying"}, {"start": "00:12:35", "end": "00:12:37", "text": "focused, you know. But"}, {"start": "00:12:36", "end": "00:12:40", "text": ">> I learned the intro to Crazy Train at"}, {"start": "00:12:37", "end": "00:12:42", "text": "one point, but uh the solo on the on a"}, {"start": "00:12:40", "end": "00:12:43", "text": "beaten up acoustic guitar, your fingers"}, {"start": "00:12:42", "end": "00:12:45", "text": "must have been bleeding."}, {"start": "00:12:43", "end": "00:12:48", "text": ">> He he set the bar high because he really"}, {"start": "00:12:45", "end": "00:12:50", "text": "didn't want me to make the, you know,"}, {"start": "00:12:48", "end": "00:12:52", "text": ">> he didn't realize the obsessiveness of"}, {"start": "00:12:50", "end": "00:12:54", "text": "his child yet, you know, you know, like"}, {"start": "00:12:52", "end": "00:12:55", "text": "don't don't tempt me with an obsession."}, {"start": "00:12:54", "end": "00:12:57", "text": "We're going to be"}, {"start": "00:12:55", "end": "00:12:59", "text": ">> and my son is playing baseball. He's"}, {"start": "00:12:57", "end": "00:13:00", "text": "like, \"How logical is it to get paid by"}, {"start": "00:12:59", "end": "00:13:02", "text": "playing baseball?\" I'm like, \"Listen,"}, {"start": "00:13:00", "end": "00:13:04", "text": "you obsess. You focus in. Never let"}, {"start": "00:13:02", "end": "00:13:06", "text": "anyone tell you you can't accomplish"}, {"start": "00:13:04", "end": "00:13:07", "text": "something. You can accomplish crazy"}, {"start": "00:13:06", "end": "00:13:09", "text": "crazy things.\" So,"}, {"start": "00:13:07", "end": "00:13:11", "text": ">> there's more ways more ways to get paid"}, {"start": "00:13:09", "end": "00:13:12", "text": "by in baseball today than there ever has"}, {"start": "00:13:11", "end": "00:13:13", "text": "been between all the other leagues. I"}, {"start": "00:13:12", "end": "00:13:15", "text": "mean, he played banana ball at one, you"}, {"start": "00:13:13", "end": "00:13:16", "text": "know, like we got an inside track there."}, {"start": "00:13:15", "end": "00:13:18", "text": "So,"}, {"start": "00:13:16", "end": "00:13:19", "text": ">> I know. I know. Well, let's get back to"}, {"start": "00:13:18", "end": "00:13:22", "text": "crypto, though. There's a lot of fun"}, {"start": "00:13:19", "end": "00:13:25", "text": "stuff to talk about. Um, so we obviously"}, {"start": "00:13:22", "end": "00:13:26", "text": "have, you know, interesting rate hike"}, {"start": "00:13:25", "end": "00:13:29", "text": "expectations coming out of this. Federal"}, {"start": "00:13:26", "end": "00:13:31", "text": "Reserve rate hike odds jumped to 85%"}, {"start": "00:13:29", "end": "00:13:34", "text": "after the same data. This data caused"}, {"start": "00:13:31", "end": "00:13:37", "text": "gold, Bitcoin, stocks, everything to"}, {"start": "00:13:34", "end": "00:13:38", "text": "just go ripping. Now, when I dive into"}, {"start": "00:13:37", "end": "00:13:40", "text": "this and we look at the backdrop of"}, {"start": "00:13:38", "end": "00:13:44", "text": "Bitcoin's price action over the last"}, {"start": "00:13:40", "end": "00:13:46", "text": "week on Tuesday in school, I told"}, {"start": "00:13:44", "end": "00:13:48", "text": "everyone that we are magnetized to the"}, {"start": "00:13:46", "end": "00:13:50", "text": "bottom end of this parallel channel,"}, {"start": "00:13:48", "end": "00:13:52", "text": "which we absolutely did did end up"}, {"start": "00:13:50", "end": "00:13:55", "text": "experiencing. We tapped the bottom end"}, {"start": "00:13:52", "end": "00:13:57", "text": "of the channel around $76,000"}, {"start": "00:13:55", "end": "00:13:59", "text": "and this morning's rally actually only"}, {"start": "00:13:57", "end": "00:14:01", "text": "took us up to exactly the middle point"}, {"start": "00:13:59", "end": "00:14:03", "text": "of this channel that we've been kind of"}, {"start": "00:14:01", "end": "00:14:05", "text": "flopping around in for quite some time."}, {"start": "00:14:03", "end": "00:14:06", "text": "I'll take this fixed range volume"}, {"start": "00:14:05", "end": "00:14:09", "text": "profile off so you can see it a little"}, {"start": "00:14:06", "end": "00:14:11", "text": "bit clearer. This is the situation right"}, {"start": "00:14:09", "end": "00:14:12", "text": "now as we bounced off of the bottom end"}, {"start": "00:14:11", "end": "00:14:15", "text": "of the channel. We tapped the center"}, {"start": "00:14:12", "end": "00:14:17", "text": "point and now it wouldn't be out of"}, {"start": "00:14:15", "end": "00:14:20", "text": "pocket to go back and you know build up"}, {"start": "00:14:17", "end": "00:14:21", "text": "some strength around $77,000."}, {"start": "00:14:20", "end": "00:14:23", "text": "But one of the bigger backdrop things"}, {"start": "00:14:21", "end": "00:14:25", "text": "that we have to acknowledge that's"}, {"start": "00:14:23", "end": "00:14:28", "text": "happened over the past few weeks is this"}, {"start": "00:14:25", "end": "00:14:31", "text": "three weeks straight of bullish of bull"}, {"start": "00:14:28", "end": "00:14:33", "text": "bull uh FUD headlines with bears"}, {"start": "00:14:31", "end": "00:14:35", "text": "constantly saying, \"Hey, look, we're"}, {"start": "00:14:33", "end": "00:14:38", "text": "screaming for lower.\" Meanwhile, oil has"}, {"start": "00:14:35", "end": "00:14:41", "text": "been at around $100 a barrel for the"}, {"start": "00:14:38", "end": "00:14:44", "text": "last few weeks. The US 10-year Treasury"}, {"start": "00:14:41", "end": "00:14:46", "text": "yield is at or above 5%. AI is"}, {"start": "00:14:44", "end": "00:14:49", "text": "apparently going to kill us all. Rate"}, {"start": "00:14:46", "end": "00:14:50", "text": "hikes are coming. Four-year cycle low is"}, {"start": "00:14:49", "end": "00:14:53", "text": "still coming. And meanwhile, Bitcoin"}, {"start": "00:14:50", "end": "00:14:56", "text": "couldn't care less. Bulls have control."}, {"start": "00:14:53", "end": "00:14:58", "text": "Bears are failing to take it back. This"}, {"start": "00:14:56", "end": "00:15:02", "text": "is the real story. And the backdrop"}, {"start": "00:14:58", "end": "00:15:04", "text": "right now is because there is so many so"}, {"start": "00:15:02", "end": "00:15:06", "text": "many different angles of how the world's"}, {"start": "00:15:04", "end": "00:15:09", "text": "going to end or this is the end of"}, {"start": "00:15:06", "end": "00:15:11", "text": "everything. Sell it all. Hide your hide"}, {"start": "00:15:09", "end": "00:15:13", "text": "your dogs. Hide your wives. And"}, {"start": "00:15:11", "end": "00:15:15", "text": "meanwhile, Bitcoin is sitting here"}, {"start": "00:15:13", "end": "00:15:17", "text": "basically just bouncing off of a"}, {"start": "00:15:15", "end": "00:15:20", "text": "gigantic range it's built up for itself."}, {"start": "00:15:17", "end": "00:15:23", "text": "And really when I'm looking at this"}, {"start": "00:15:20", "end": "00:15:25", "text": "backdrop now that the 4hour time frame,"}, {"start": "00:15:23", "end": "00:15:26", "text": "we have a double green dot buy signal on"}, {"start": "00:15:25", "end": "00:15:28", "text": "the 4 hour time frame that was screaming"}, {"start": "00:15:26", "end": "00:15:30", "text": "this morning. They made me feel bullish"}, {"start": "00:15:28", "end": "00:15:32", "text": "this morning and it felt good to feel"}, {"start": "00:15:30", "end": "00:15:34", "text": "bullish again this morning after this uh"}, {"start": "00:15:32", "end": "00:15:36", "text": "double green dot print. Bitcoin is"}, {"start": "00:15:34", "end": "00:15:39", "text": "coming back and it's likely to keep"}, {"start": "00:15:36", "end": "00:15:42", "text": "moving in this range. But a huge huge uh"}, {"start": "00:15:39", "end": "00:15:45", "text": "highlight that I saw that made me"}, {"start": "00:15:42", "end": "00:15:47", "text": "actually dig deeper into the Ballinger"}, {"start": "00:15:45", "end": "00:15:50", "text": "band metric is Matthew Highland put this"}, {"start": "00:15:47", "end": "00:15:52", "text": "out this morning. Bitcoin and Ethereum"}, {"start": "00:15:50", "end": "00:15:55", "text": "daily Ballinger bands are squeezing. Now"}, {"start": "00:15:52", "end": "00:15:58", "text": "this is a very unique signal and a very"}, {"start": "00:15:55", "end": "00:16:00", "text": "obvious shape to this where you have the"}, {"start": "00:15:58", "end": "00:16:02", "text": "in entry spout at the bottom, the exit"}, {"start": "00:16:00", "end": "00:16:04", "text": "spout at the top and the previous"}, {"start": "00:16:02", "end": "00:16:06", "text": "Ballinger band had an exit spout at the"}, {"start": "00:16:04", "end": "00:16:08", "text": "bottom. Now, I decided to take this"}, {"start": "00:16:06", "end": "00:16:11", "text": "information and extrapolate it a little"}, {"start": "00:16:08", "end": "00:16:14", "text": "bit further to find out what happens"}, {"start": "00:16:11", "end": "00:16:16", "text": "when this same signal prints on Bitcoin"}, {"start": "00:16:14", "end": "00:16:18", "text": "on the daily time frame. So, let's hop"}, {"start": "00:16:16", "end": "00:16:20", "text": "on over to the Bitcoin chart. And this"}, {"start": "00:16:18", "end": "00:16:23", "text": "is going to take some explaining to do,"}, {"start": "00:16:20", "end": "00:16:26", "text": "but I want to give you my case because"}, {"start": "00:16:23", "end": "00:16:29", "text": "this is actually going to terrify some"}, {"start": "00:16:26", "end": "00:16:31", "text": "and invigorate others. Now, this is our"}, {"start": "00:16:29", "end": "00:16:32", "text": "current setup. I'm going to kill off the"}, {"start": "00:16:31", "end": "00:16:35", "text": "market cipher because we don't need that"}, {"start": "00:16:32", "end": "00:16:38", "text": "data for this. So, we have a very"}, {"start": "00:16:35", "end": "00:16:40", "text": "obvious oval-shaped Ballinger band uh"}, {"start": "00:16:38", "end": "00:16:42", "text": "expansion and squeeze, right? This is"}, {"start": "00:16:40", "end": "00:16:45", "text": "your squeeze point, the spout. It's"}, {"start": "00:16:42", "end": "00:16:46", "text": "coming out the bottom. And then we have"}, {"start": "00:16:45", "end": "00:16:49", "text": "basically a coiling. It looks like a"}, {"start": "00:16:46", "end": "00:16:51", "text": "phallic symbol, but it's basically wide"}, {"start": "00:16:49", "end": "00:16:54", "text": "at the back and then it gets tighter and"}, {"start": "00:16:51", "end": "00:16:57", "text": "tighter right here where it enters into"}, {"start": "00:16:54", "end": "00:16:58", "text": "another massive oval shape and kind of"}, {"start": "00:16:57", "end": "00:17:00", "text": "an expansion of that Ballinger band"}, {"start": "00:16:58", "end": "00:17:03", "text": "after another big move. Now, the last"}, {"start": "00:17:00", "end": "00:17:06", "text": "time if we look through history on"}, {"start": "00:17:03", "end": "00:17:08", "text": "Bitcoin's, you know, entire history, the"}, {"start": "00:17:06", "end": "00:17:11", "text": "last time that we have a similar setup"}, {"start": "00:17:08", "end": "00:17:14", "text": "to the one that we have right now is"}, {"start": "00:17:11", "end": "00:17:18", "text": "Lord love a duck, what do you know? The"}, {"start": "00:17:14", "end": "00:17:22", "text": "FTX lows. The FTX lows have this exact"}, {"start": "00:17:18", "end": "00:17:24", "text": "same setup. Now, just to explain this"}, {"start": "00:17:22", "end": "00:17:26", "text": "before I keep going, you have the"}, {"start": "00:17:24", "end": "00:17:29", "text": "oval-shaped kind of entry point at the"}, {"start": "00:17:26", "end": "00:17:30", "text": "top, the spout at the bottom, and the"}, {"start": "00:17:29", "end": "00:17:33", "text": "same thing right here, spout at the"}, {"start": "00:17:30", "end": "00:17:36", "text": "bottom and spout at the top afterwards"}, {"start": "00:17:33", "end": "00:17:38", "text": "with that wide to compressed metric on"}, {"start": "00:17:36", "end": "00:17:41", "text": "the Ballinger band right here. This is"}, {"start": "00:17:38", "end": "00:17:43", "text": "the last time that we saw this same kind"}, {"start": "00:17:41", "end": "00:17:45", "text": "of compression setup on Ballinger bands"}, {"start": "00:17:43", "end": "00:17:48", "text": "on the daily time frame for Bitcoin."}, {"start": "00:17:45", "end": "00:17:51", "text": "Now, this is where the fun begins is"}, {"start": "00:17:48", "end": "00:17:52", "text": "because I just decided to take this data"}, {"start": "00:17:51", "end": "00:17:56", "text": "a little bit further. I wanted to"}, {"start": "00:17:52", "end": "00:17:58", "text": "measure out first what happened after we"}, {"start": "00:17:56", "end": "00:18:00", "text": "made it out of this upper spout for"}, {"start": "00:17:58", "end": "00:18:02", "text": "Bitcoin's price action until we broke"}, {"start": "00:18:00", "end": "00:18:05", "text": "new all-time highs. So, I took a bars"}, {"start": "00:18:02", "end": "00:18:07", "text": "pattern and it decided to be"}, {"start": "00:18:05", "end": "00:18:08", "text": "conservative on the outlook because, as"}, {"start": "00:18:07", "end": "00:18:11", "text": "you can see, from this moment that"}, {"start": "00:18:08", "end": "00:18:14", "text": "Bitcoin printed the same signal to its"}, {"start": "00:18:11", "end": "00:18:16", "text": "new all-time high, it rose by 250%. So,"}, {"start": "00:18:14", "end": "00:18:18", "text": "I wanted to diminish that expectation to"}, {"start": "00:18:16", "end": "00:18:21", "text": "around"}, {"start": "00:18:18", "end": "00:18:24", "text": "150 180% move from that same uh"}, {"start": "00:18:21", "end": "00:18:26", "text": "measurement here. And this is just it's"}, {"start": "00:18:24", "end": "00:18:28", "text": "got my head spinning after I've I found"}, {"start": "00:18:26", "end": "00:18:30", "text": "all this information. So, where are the"}, {"start": "00:18:28", "end": "00:18:33", "text": "macro"}, {"start": "00:18:30", "end": "00:18:36", "text": "bars pattern? I know I set these up"}, {"start": "00:18:33", "end": "00:18:39", "text": "earlier here. Let me go to maybe it's on"}, {"start": "00:18:36", "end": "00:18:40", "text": "this chart. Let's see if it's on this"}, {"start": "00:18:39", "end": "00:18:42", "text": "chart because I want to show you guys"}, {"start": "00:18:40", "end": "00:18:45", "text": "where this leads. And I have the data"}, {"start": "00:18:42", "end": "00:18:48", "text": "just in my brain. But macro bars, here"}, {"start": "00:18:45", "end": "00:18:52", "text": "we go. So the macro bars,"}, {"start": "00:18:48", "end": "00:18:54", "text": "this is where Bitcoin is likely to go"}, {"start": "00:18:52", "end": "00:18:56", "text": "should this pattern that I just showed"}, {"start": "00:18:54", "end": "00:18:59", "text": "you on the daily time frame. Should this"}, {"start": "00:18:56", "end": "00:19:02", "text": "pattern play out less exciting than the"}, {"start": "00:18:59", "end": "00:19:04", "text": "one in FTX lows. Okay. So I'm being"}, {"start": "00:19:02", "end": "00:19:06", "text": "conservative about this outlook. This is"}, {"start": "00:19:04", "end": "00:19:09", "text": "the bars pattern of what happened to"}, {"start": "00:19:06", "end": "00:19:12", "text": "Bitcoin afterwards expanded to our"}, {"start": "00:19:09", "end": "00:19:14", "text": "current time frames of expectation. And"}, {"start": "00:19:12", "end": "00:19:18", "text": "this shows that if you really lay this"}, {"start": "00:19:14", "end": "00:19:20", "text": "out, this is what the Bitcoin chart is"}, {"start": "00:19:18", "end": "00:19:22", "text": "likely to look like over the course of"}, {"start": "00:19:20", "end": "00:19:24", "text": "this next bull market. if it mirrors the"}, {"start": "00:19:22", "end": "00:19:27", "text": "bull market of the past. This means that"}, {"start": "00:19:24", "end": "00:19:32", "text": "this current setup, instead of expecting"}, {"start": "00:19:27", "end": "00:19:34", "text": "the full 300 uh 250% move to the new"}, {"start": "00:19:32", "end": "00:19:37", "text": "all-time highs and and beyond, you're"}, {"start": "00:19:34", "end": "00:19:39", "text": "really looking at a gain of 80 around"}, {"start": "00:19:37", "end": "00:19:43", "text": "$80,000"}, {"start": "00:19:39", "end": "00:19:45", "text": "up to just under $300,000."}, {"start": "00:19:43", "end": "00:19:47", "text": "And this actually frontr runs the"}, {"start": "00:19:45", "end": "00:19:48", "text": "October time frame of 2029. A lot of"}, {"start": "00:19:47", "end": "00:19:51", "text": "four-year cycle people are going to be"}, {"start": "00:19:48", "end": "00:19:54", "text": "targeting October 29. This bars pattern"}, {"start": "00:19:51", "end": "00:19:58", "text": "comes to its conclusion in April of"}, {"start": "00:19:54", "end": "00:20:00", "text": "2029. So, I'm kind of excited looking at"}, {"start": "00:19:58", "end": "00:20:01", "text": "this. The terrifying thing about this"}, {"start": "00:20:00", "end": "00:20:04", "text": "though, TJ, and I was talking to you"}, {"start": "00:20:01", "end": "00:20:08", "text": "about this, [snorts] is that the altcoin"}, {"start": "00:20:04", "end": "00:20:11", "text": "sector is showing more strength than 99%"}, {"start": "00:20:08", "end": "00:20:12", "text": "of people in crypto are expecting it to"}, {"start": "00:20:11", "end": "00:20:15", "text": "show right now. And so the amount of"}, {"start": "00:20:12", "end": "00:20:17", "text": "people that'll be left on the sidelines,"}, {"start": "00:20:15", "end": "00:20:20", "text": "should this pattern play out, are going"}, {"start": "00:20:17", "end": "00:20:22", "text": "to add fuel to the fire of a lot of"}, {"start": "00:20:20", "end": "00:20:24", "text": "these altcoins that haven't been able to"}, {"start": "00:20:22", "end": "00:20:28", "text": "break out of their previous all-time"}, {"start": "00:20:24", "end": "00:20:30", "text": "highs. I'm talking about like things for"}, {"start": "00:20:28", "end": "00:20:32", "text": "example, let's talk about, you know, a"}, {"start": "00:20:30", "end": "00:20:35", "text": "coin that Cardano. Let's talk about"}, {"start": "00:20:32", "end": "00:20:37", "text": "Cardano just to be bullish on Cardano."}, {"start": "00:20:35", "end": "00:20:39", "text": "So this is an altcoin of all altcoins."}, {"start": "00:20:37", "end": "00:20:41", "text": "ing does not rise unless the greater"}, {"start": "00:20:39", "end": "00:20:44", "text": "tides of crypto are rising very"}, {"start": "00:20:41", "end": "00:20:47", "text": "strongly. Now, in a scenario that an"}, {"start": "00:20:44", "end": "00:20:49", "text": "early alt season happens and you see"}, {"start": "00:20:47", "end": "00:20:52", "text": "people start to FOMO in when they've"}, {"start": "00:20:49", "end": "00:20:55", "text": "already missed macro lows, you know, 60"}, {"start": "00:20:52", "end": "00:20:56", "text": "cents would be that big defense point."}, {"start": "00:20:55", "end": "00:20:58", "text": "But I could see people FOMOing in"}, {"start": "00:20:56", "end": "00:21:01", "text": "realizing they missed the actual lows of"}, {"start": "00:20:58", "end": "00:21:03", "text": "the altcoins around 60 cents on Cardono"}, {"start": "00:21:01", "end": "00:21:05", "text": "a year from now and causing this chart"}, {"start": "00:21:03", "end": "00:21:08", "text": "to go find out if it's got the velocity"}, {"start": "00:21:05", "end": "00:21:09", "text": "to break a$120. actually with the macro"}, {"start": "00:21:08", "end": "00:21:12", "text": "backdrop that we have right now, as long"}, {"start": "00:21:09", "end": "00:21:14", "text": "as Cardano doesn't die in total and the"}, {"start": "00:21:12", "end": "00:21:17", "text": "situation of an early alt season does"}, {"start": "00:21:14", "end": "00:21:19", "text": "play out, a Bitcoin rise before people"}, {"start": "00:21:17", "end": "00:21:22", "text": "expect it and a bars pattern on Bitcoin"}, {"start": "00:21:19", "end": "00:21:24", "text": "playing out this way, Cardono can"}, {"start": "00:21:22", "end": "00:21:27", "text": "actually go find out if it's got enough"}, {"start": "00:21:24", "end": "00:21:29", "text": "movement to break a dollar, a$120, which"}, {"start": "00:21:27", "end": "00:21:32", "text": "is a very difficult thing to do. It"}, {"start": "00:21:29", "end": "00:21:33", "text": "doesn't sound hyper exciting, but if"}, {"start": "00:21:32", "end": "00:21:34", "text": "you're looking at the prices of a lot of"}, {"start": "00:21:33", "end": "00:21:37", "text": "these altcoins right now, I mean,"}, {"start": "00:21:34", "end": "00:21:40", "text": "there's a lot of ground to gain. So,"}, {"start": "00:21:37", "end": "00:21:43", "text": "this is the thing that I think more"}, {"start": "00:21:40", "end": "00:21:47", "text": "people should take it uh into account is"}, {"start": "00:21:43", "end": "00:21:49", "text": "that Bitcoin at a diminished expectation"}, {"start": "00:21:47", "end": "00:21:53", "text": "from the last time we saw this signal"}, {"start": "00:21:49", "end": "00:21:56", "text": "can absolutely go between $2 to $300,000"}, {"start": "00:21:53", "end": "00:21:58", "text": "quicker than we expected in this bull"}, {"start": "00:21:56", "end": "00:22:00", "text": "market, which would terrify the bears."}, {"start": "00:21:58", "end": "00:22:02", "text": "You say2 to $300,000."}, {"start": "00:22:00", "end": "00:22:04", "text": ">> $2 to $300,000. And that's diminished"}, {"start": "00:22:02", "end": "00:22:06", "text": "expectations. That's completely"}, {"start": "00:22:04", "end": "00:22:09", "text": "diminished. If this thing played out the"}, {"start": "00:22:06", "end": "00:22:11", "text": "exact way that it did from this uh"}, {"start": "00:22:09", "end": "00:22:13", "text": "original kind of highlighted here"}, {"start": "00:22:11", "end": "00:22:16", "text": "moment, these Ballinger bands look the"}, {"start": "00:22:13", "end": "00:22:18", "text": "same. This is actually a uh I believe it"}, {"start": "00:22:16", "end": "00:22:22", "text": "was around a 500% gain. Let's see here."}, {"start": "00:22:18", "end": "00:22:25", "text": "Yeah, it's about 458% gain. So this"}, {"start": "00:22:22", "end": "00:22:28", "text": "current outlook, you know, from printing"}, {"start": "00:22:25", "end": "00:22:30", "text": "this same pattern is only at about 250%."}, {"start": "00:22:28", "end": "00:22:32", "text": "I mean, you're looking at, you want to"}, {"start": "00:22:30", "end": "00:22:35", "text": "talk about what happens if it follows"}, {"start": "00:22:32", "end": "00:22:37", "text": "suit, we're talking $450,000"}, {"start": "00:22:35", "end": "00:22:39", "text": "of Bitcoin over the course of the next"}, {"start": "00:22:37", "end": "00:22:42", "text": "three to four years. So this is what"}, {"start": "00:22:39", "end": "00:22:43", "text": "we're looking at here. I I'm so excited"}, {"start": "00:22:42", "end": "00:22:44", "text": "finding this data right now."}, {"start": "00:22:43", "end": "00:22:46", "text": ">> Yeah. No. And it's reasonable to have"}, {"start": "00:22:44", "end": "00:22:48", "text": "diminished, you know, like diminished"}, {"start": "00:22:46", "end": "00:22:50", "text": "returns the way you projected it there."}, {"start": "00:22:48", "end": "00:22:51", "text": "pretty that so that's what you're saying"}, {"start": "00:22:50", "end": "00:22:53", "text": "is that's not even what you're showing"}, {"start": "00:22:51", "end": "00:22:55", "text": "here is not even like the most bullish"}, {"start": "00:22:53", "end": "00:22:57", "text": "scenario. It's a pretty that's a you"}, {"start": "00:22:55", "end": "00:22:59", "text": "know base case you can you know that"}, {"start": "00:22:57", "end": "00:23:01", "text": "we're seeing a two to $300,000 Bitcoin"}, {"start": "00:22:59", "end": "00:23:03", "text": "and I agree completely that the timeline"}, {"start": "00:23:01", "end": "00:23:05", "text": "is going to be shifted. I and I've also"}, {"start": "00:23:03", "end": "00:23:07", "text": "been saying I think we're going to see a"}, {"start": "00:23:05", "end": "00:23:08", "text": "lot more and speaking of Matthew"}, {"start": "00:23:07", "end": "00:23:09", "text": "Highland, he's the one that's looking at"}, {"start": "00:23:08", "end": "00:23:12", "text": "a lot of the stuff. He pulled this up"}, {"start": "00:23:09", "end": "00:23:16", "text": "here. Uh and I agree that this we're not"}, {"start": "00:23:12", "end": "00:23:19", "text": "going to see a 20 this not like 2018,"}, {"start": "00:23:16", "end": "00:23:23", "text": "not like 2022 bare markets. We're we're"}, {"start": "00:23:19", "end": "00:23:25", "text": "much more in the timeline of seeing"}, {"start": "00:23:23", "end": "00:23:27", "text": "altcoins rally, you know, like we're"}, {"start": "00:23:25", "end": "00:23:28", "text": "seeing these things clear some of these"}, {"start": "00:23:27", "end": "00:23:30", "text": "significant levels and and again that"}, {"start": "00:23:28", "end": "00:23:33", "text": "ETH BTC chart is something I look at."}, {"start": "00:23:30", "end": "00:23:35", "text": "the others chart is is substantial as"}, {"start": "00:23:33", "end": "00:23:38", "text": "well. I think we're going to see an"}, {"start": "00:23:35", "end": "00:23:40", "text": "altcoin rally that complete, you know,"}, {"start": "00:23:38", "end": "00:23:41", "text": "nothing like what we saw in 24 and 25."}, {"start": "00:23:40", "end": "00:23:42", "text": "Like I just think that that market's"}, {"start": "00:23:41", "end": "00:23:45", "text": "going to be very very different. Now,"}, {"start": "00:23:42", "end": "00:23:46", "text": "again, I want to be clear if it's I"}, {"start": "00:23:45", "end": "00:23:50", "text": "think it's going to be very similar to"}, {"start": "00:23:46", "end": "00:23:52", "text": "2017 market, but not all coins. You"}, {"start": "00:23:50", "end": "00:23:53", "text": "know, there's going to be coins that run"}, {"start": "00:23:52", "end": "00:23:55", "text": "hard and fast, and then there's going to"}, {"start": "00:23:53", "end": "00:23:58", "text": "be some, you know, there will be coins"}, {"start": "00:23:55", "end": "00:24:01", "text": "that are getting two to 5% daily pumps"}, {"start": "00:23:58", "end": "00:24:02", "text": "while others are getting 20 to 30 to 40"}, {"start": "00:24:01", "end": "00:24:04", "text": "to 50%. But just like we're seeing right"}, {"start": "00:24:02", "end": "00:24:05", "text": "now, I mean, it's crazy when you look at"}, {"start": "00:24:04", "end": "00:24:08", "text": "some of these things pumping off the"}, {"start": "00:24:05", "end": "00:24:10", "text": "bottom. Now, I want to be clear, it's"}, {"start": "00:24:08", "end": "00:24:11", "text": "we're not up only yet. You know, you"}, {"start": "00:24:10", "end": "00:24:13", "text": "still want to see Bitcoin get to an"}, {"start": "00:24:11", "end": "00:24:15", "text": "all-time high, but that chart you just"}, {"start": "00:24:13", "end": "00:24:17", "text": "showed seems like we are"}, {"start": "00:24:15", "end": "00:24:18", "text": ">> I'm very very very very confident the"}, {"start": "00:24:17", "end": "00:24:20", "text": "bottom's in. I've been saying it for a"}, {"start": "00:24:18", "end": "00:24:22", "text": "long time. I was on an island out there"}, {"start": "00:24:20", "end": "00:24:23", "text": "for a while. But I think people are"}, {"start": "00:24:22", "end": "00:24:25", "text": "starting to come around. And I also"}, {"start": "00:24:23", "end": "00:24:28", "text": "agree that you're right. People will"}, {"start": "00:24:25", "end": "00:24:30", "text": "once we start getting closer to 100K,"}, {"start": "00:24:28", "end": "00:24:31", "text": "people will start FOMOing in again,"}, {"start": "00:24:30", "end": "00:24:34", "text": "which just blows my mind that people"}, {"start": "00:24:31", "end": "00:24:36", "text": "when the price was at 60K"}, {"start": "00:24:34", "end": "00:24:39", "text": "chose not to buy because they thought"}, {"start": "00:24:36", "end": "00:24:42", "text": "they were going to get 53 or 52 or 48 or"}, {"start": "00:24:39", "end": "00:24:44", "text": "42 or, you know, something a little bit"}, {"start": "00:24:42", "end": "00:24:46", "text": "lower and they're going to be sidelined"}, {"start": "00:24:44", "end": "00:24:47", "text": "all the way back up this whole ride. And"}, {"start": "00:24:46", "end": "00:24:49", "text": "you know, especially if you're starting"}, {"start": "00:24:47", "end": "00:24:51", "text": "to look at some of these altcoins, but"}, {"start": "00:24:49", "end": "00:24:52", "text": "you know, Bitcoin, I mean, it was so"}, {"start": "00:24:51", "end": "00:24:54", "text": "clear, just bid the majors when we were"}, {"start": "00:24:52", "end": "00:24:56", "text": "at those levels. You could have just"}, {"start": "00:24:54", "end": "00:24:57", "text": "bought Bitcoin, Ethereum, Salana, you"}, {"start": "00:24:56", "end": "00:24:58", "text": "know, you didn't even have to go that"}, {"start": "00:24:57", "end": "00:25:02", "text": "much more dramatic,"}, {"start": "00:24:58", "end": "00:25:04", "text": ">> uh, and do extremely well. Um, so yeah,"}, {"start": "00:25:02", "end": "00:25:06", "text": "it's just it's gonna I think this market"}, {"start": "00:25:04", "end": "00:25:07", "text": "is going to shock a lot of people."}, {"start": "00:25:06", "end": "00:25:09", "text": "You're going to get FOMO coming in."}, {"start": "00:25:07", "end": "00:25:10", "text": "You're going to get big money coming in."}, {"start": "00:25:09", "end": "00:25:12", "text": "You're going to get, you know, index"}, {"start": "00:25:10", "end": "00:25:14", "text": "funds and hedge fund managers and real"}, {"start": "00:25:12", "end": "00:25:16", "text": "finance people, people with real money"}, {"start": "00:25:14", "end": "00:25:20", "text": "coming in. And it's not going to"}, {"start": "00:25:16", "end": "00:25:22", "text": "necessarily be as driven by retail as uh"}, {"start": "00:25:20", "end": "00:25:24", "text": "you those past cycles have. And we're"}, {"start": "00:25:22", "end": "00:25:26", "text": "going to see uh life-changing numbers."}, {"start": "00:25:24", "end": "00:25:27", "text": "They're definitely coming."}, {"start": "00:25:26", "end": "00:25:29", "text": ">> I mean, and just the outlook on this"}, {"start": "00:25:27", "end": "00:25:31", "text": "because we're talking about like the"}, {"start": "00:25:29", "end": "00:25:34", "text": "next few months as well within this. So,"}, {"start": "00:25:31", "end": "00:25:37", "text": "if this does basically play out the same"}, {"start": "00:25:34", "end": "00:25:38", "text": "way, you're going to get a wash out. You"}, {"start": "00:25:37", "end": "00:25:40", "text": "know, if this pattern plays out the same"}, {"start": "00:25:38", "end": "00:25:42", "text": "way, you're going to find yourself"}, {"start": "00:25:40", "end": "00:25:44", "text": "fighting within this channel over the"}, {"start": "00:25:42", "end": "00:25:47", "text": "course of the next few months into about"}, {"start": "00:25:44", "end": "00:25:50", "text": "the end of September, maybe beginning of"}, {"start": "00:25:47", "end": "00:25:53", "text": "October, and then a kind of a oh my god,"}, {"start": "00:25:50", "end": "00:25:56", "text": "it lands on October 5th. A flash crash"}, {"start": "00:25:53", "end": "00:25:58", "text": "on October 5th. This is the doomsday."}, {"start": "00:25:56", "end": "00:26:00", "text": "This is Highland's doomsday. This is the"}, {"start": "00:25:58", "end": "00:26:03", "text": "Ben Cowan. We're all going to buy"}, {"start": "00:26:00", "end": "00:26:04", "text": "Bitcoin at the absolute low October 5th."}, {"start": "00:26:03", "end": "00:26:08", "text": "If this plays out, you're coming back"}, {"start": "00:26:04", "end": "00:26:09", "text": "down to that 70 $72,000 mark before"}, {"start": "00:26:08", "end": "00:26:10", "text": "continuing on up. And this"}, {"start": "00:26:09", "end": "00:26:12", "text": ">> which is very reasonable. I've said that"}, {"start": "00:26:10", "end": "00:26:14", "text": "the whole time. Coming back into this"}, {"start": "00:26:12", "end": "00:26:18", "text": "the low mid to low 70s makes sense, but"}, {"start": "00:26:14", "end": "00:26:20", "text": "to think we're going to 40 is I just"}, {"start": "00:26:18", "end": "00:26:22", "text": "don't see it. I understand how they get"}, {"start": "00:26:20", "end": "00:26:25", "text": "there, but it's just [laughter] it's"}, {"start": "00:26:22", "end": "00:26:26", "text": "it's a huge stretch. Huge stretch with"}, {"start": "00:26:25", "end": "00:26:29", "text": "where we are now. like in everything"}, {"start": "00:26:26", "end": "00:26:30", "text": "we've seen like but yeah I'm not I don't"}, {"start": "00:26:29", "end": "00:26:32", "text": "that's why I'm saying I do think we will"}, {"start": "00:26:30", "end": "00:26:34", "text": "see a correction like it would and it"}, {"start": "00:26:32", "end": "00:26:35", "text": "would be healthy like exactly what you"}, {"start": "00:26:34", "end": "00:26:37", "text": "just showed. So yeah, if we pump up and"}, {"start": "00:26:35", "end": "00:26:40", "text": "then come back down into the mid to low"}, {"start": "00:26:37", "end": "00:26:42", "text": "70s that's perfect. Uh and and don't and"}, {"start": "00:26:40", "end": "00:26:45", "text": "all coins will will feel some pain when"}, {"start": "00:26:42", "end": "00:26:48", "text": "that happens. So, uh, right now to me,"}, {"start": "00:26:45", "end": "00:26:50", "text": "like it it makes sense to have, you"}, {"start": "00:26:48", "end": "00:26:52", "text": "know, your favorite low cap coins, I"}, {"start": "00:26:50", "end": "00:26:54", "text": "guess, but I'm sticking with I mean, I"}, {"start": "00:26:52", "end": "00:26:55", "text": "think you could be very safe. Again, you"}, {"start": "00:26:54", "end": "00:26:57", "text": "guys know most of my stuff is Bitcoin"}, {"start": "00:26:55", "end": "00:27:00", "text": "and Ethereum right now. Doesn't mean I"}, {"start": "00:26:57", "end": "00:27:02", "text": "don't have sizable positions in some"}, {"start": "00:27:00", "end": "00:27:04", "text": "other altcoins, but as a percentage of"}, {"start": "00:27:02", "end": "00:27:08", "text": "my portfolio, it's quite small."}, {"start": "00:27:04", "end": "00:27:09", "text": ">> Yeah. Um, and real quick, just uh, you"}, {"start": "00:27:08", "end": "00:27:10", "text": "know, you mentioned altcoins and how"}, {"start": "00:27:09", "end": "00:27:12", "text": "bullish they're looking. Look at this."}, {"start": "00:27:10", "end": "00:27:13", "text": "This is the ETH to Bitcoin chart."}, {"start": "00:27:12", "end": "00:27:15", "text": ">> Oh yeah,"}, {"start": "00:27:13", "end": "00:27:18", "text": ">> look at that candle breakout. It"}, {"start": "00:27:15", "end": "00:27:19", "text": "absolutely just ripped from the bottom"}, {"start": "00:27:18", "end": "00:27:20", "text": "end of the channel all the way up to the"}, {"start": "00:27:19", "end": "00:27:23", "text": "top. And these channels are very"}, {"start": "00:27:20", "end": "00:27:25", "text": "powerful for kind of local uh resistance"}, {"start": "00:27:23", "end": "00:27:28", "text": "points. This candle this morning tapped"}, {"start": "00:27:25", "end": "00:27:30", "text": "the very tip the top of this uh"}, {"start": "00:27:28", "end": "00:27:34", "text": "ascending channel. ETH to Bitcoin though"}, {"start": "00:27:30", "end": "00:27:36", "text": "on a long time frame still very beat"}, {"start": "00:27:34", "end": "00:27:38", "text": "down. Still plenty of room to run. Let's"}, {"start": "00:27:36", "end": "00:27:40", "text": "actually look at the money flow on this"}, {"start": "00:27:38", "end": "00:27:42", "text": "because you can tell Ethereum is being a"}, {"start": "00:27:40", "end": "00:27:44", "text": "feisty feisty bird. And there you have"}, {"start": "00:27:42", "end": "00:27:46", "text": "it, holding on to its green money flow."}, {"start": "00:27:44", "end": "00:27:48", "text": "And this is actually likely to turn and"}, {"start": "00:27:46", "end": "00:27:51", "text": "keep swooping back to the upside. This"}, {"start": "00:27:48", "end": "00:27:52", "text": "green money flow kind of signal that we"}, {"start": "00:27:51", "end": "00:27:55", "text": "have right here. And this is why people"}, {"start": "00:27:52", "end": "00:27:57", "text": "hate altcoins so much is ETH to Bitcoin"}, {"start": "00:27:55", "end": "00:28:02", "text": "has been in pain for god I think it's"}, {"start": "00:27:57", "end": "00:28:04", "text": "been around 1,500 days,540 days of pain"}, {"start": "00:28:02", "end": "00:28:06", "text": "on if you're holding Ethereum and not"}, {"start": "00:28:04", "end": "00:28:09", "text": "Bitcoin. and now it is just clipping to"}, {"start": "00:28:06", "end": "00:28:12", "text": "the green side. So yeah, it's an insane"}, {"start": "00:28:09", "end": "00:28:13", "text": "situation because I'm used Cardono as as"}, {"start": "00:28:12", "end": "00:28:15", "text": "an example of something that can catch"}, {"start": "00:28:13", "end": "00:28:19", "text": "headwinds from this. But a more bullish"}, {"start": "00:28:15", "end": "00:28:21", "text": "and newer project like uh Aerod Drrome,"}, {"start": "00:28:19", "end": "00:28:24", "text": "you know, in this environment, I could"}, {"start": "00:28:21", "end": "00:28:26", "text": "see us running up to a dollar, a $1.50"}, {"start": "00:28:24", "end": "00:28:29", "text": "and then people finally capitulate that"}, {"start": "00:28:26", "end": "00:28:31", "text": "the lows are in, adding fuel to the tank"}, {"start": "00:28:29", "end": "00:28:33", "text": "and allowing Aerod Drrome to breach"}, {"start": "00:28:31", "end": "00:28:35", "text": "these all-time highs that it came out"}, {"start": "00:28:33", "end": "00:28:37", "text": "with in the first bull market it's had."}, {"start": "00:28:35", "end": "00:28:40", "text": "So, this is where the excitement is. I"}, {"start": "00:28:37", "end": "00:28:42", "text": "see a lot of fuel being added to the"}, {"start": "00:28:40", "end": "00:28:45", "text": "fire over the course of the next four to"}, {"start": "00:28:42", "end": "00:28:48", "text": "5 months as people realize that they did"}, {"start": "00:28:45", "end": "00:28:49", "text": "miss the bottom and then that true FOMO"}, {"start": "00:28:48", "end": "00:28:52", "text": "kicks in because right now you're not"}, {"start": "00:28:49", "end": "00:28:53", "text": "feeling FOMO. You're feeling disbelief."}, {"start": "00:28:52", "end": "00:28:55", "text": "That is exactly what we're feeling."}, {"start": "00:28:53", "end": "00:28:58", "text": "We're feeling disbelief that this market"}, {"start": "00:28:55", "end": "00:29:00", "text": "is taking off. Disbelief that the oil"}, {"start": "00:28:58", "end": "00:29:02", "text": "prices skyrocketing and all this crazy"}, {"start": "00:29:00", "end": "00:29:03", "text": "stuff happening didn't push the price"}, {"start": "00:29:02", "end": "00:29:05", "text": "down. And even the Federal Reserve"}, {"start": "00:29:03", "end": "00:29:08", "text": "interest rate meeting is coming up next"}, {"start": "00:29:05", "end": "00:29:11", "text": "week and the likelihood of a 25 base"}, {"start": "00:29:08", "end": "00:29:13", "text": "point increase is sitting at around 81%."}, {"start": "00:29:11", "end": "00:29:15", "text": "I actually find this to be an"}, {"start": "00:29:13", "end": "00:29:19", "text": "interesting bet potentially to take a no"}, {"start": "00:29:15", "end": "00:29:22", "text": "on interest rate hikes. I feel like this"}, {"start": "00:29:19", "end": "00:29:23", "text": "is still a no in my heart of hearts. Tee"}, {"start": "00:29:22", "end": "00:29:25", "text": "and"}, {"start": "00:29:23", "end": "00:29:27", "text": ">> I almost have enticed to take this bet."}, {"start": "00:29:25", "end": "00:29:29", "text": "I'm almost enticed to take this bet."}, {"start": "00:29:27", "end": "00:29:32", "text": ">> Yeah. I mean it's probably not bad odds."}, {"start": "00:29:29", "end": "00:29:34", "text": "Uh it's probably better than 19% chance."}, {"start": "00:29:32", "end": "00:29:36", "text": "you know, but I think it'd be healthy if"}, {"start": "00:29:34", "end": "00:29:37", "text": "they do. I do see what Rob's saying"}, {"start": "00:29:36", "end": "00:29:38", "text": "here, too. And come on, everybody hit"}, {"start": "00:29:37", "end": "00:29:41", "text": "the like. If you're not hitting the like"}, {"start": "00:29:38", "end": "00:29:43", "text": "buttons on a a green day across the"}, {"start": "00:29:41", "end": "00:29:45", "text": "board, uh, what are you even doing here?"}, {"start": "00:29:43", "end": "00:29:47", "text": "So, uh, hit that like button so we can"}, {"start": "00:29:45", "end": "00:29:50", "text": "get the crypto message out there to more"}, {"start": "00:29:47", "end": "00:29:52", "text": "people. But, uh, I I'm I think a rate"}, {"start": "00:29:50", "end": "00:29:54", "text": "hike would be good. I think it would"}, {"start": "00:29:52", "end": "00:29:57", "text": "give the bond market at least a little"}, {"start": "00:29:54", "end": "00:29:59", "text": "reprieve. Um, they'd like to see that. I"}, {"start": "00:29:57", "end": "00:30:01", "text": "don't think it's going to really make or"}, {"start": "00:29:59", "end": "00:30:02", "text": "break you. 25 basis points isn't really"}, {"start": "00:30:01", "end": "00:30:04", "text": "going to make a huge impact in my"}, {"start": "00:30:02", "end": "00:30:08", "text": "opinion one way or the other. It's more"}, {"start": "00:30:04", "end": "00:30:09", "text": "for signaling strength and you know it's"}, {"start": "00:30:08", "end": "00:30:11", "text": "posturing and a lot of that sort of"}, {"start": "00:30:09", "end": "00:30:13", "text": "stuff. So uh but you know if they needed"}, {"start": "00:30:11", "end": "00:30:15", "text": "fuel for the fire they can lean on this"}, {"start": "00:30:13", "end": "00:30:17", "text": "CPI print and say hey it's still coming"}, {"start": "00:30:15", "end": "00:30:19", "text": "down so we don't have to do this yet."}, {"start": "00:30:17", "end": "00:30:22", "text": "Like that wouldn't shock me either. So I"}, {"start": "00:30:19", "end": "00:30:23", "text": "I' agree it you know I'd put it at a"}, {"start": "00:30:22", "end": "00:30:26", "text": "coin flip for my opinion. I wouldn't"}, {"start": "00:30:23", "end": "00:30:27", "text": "really you know have a strong stance one"}, {"start": "00:30:26", "end": "00:30:31", "text": "way or the other. Again, I try to"}, {"start": "00:30:27", "end": "00:30:33", "text": "refrain from uh predicting decisions of"}, {"start": "00:30:31", "end": "00:30:35", "text": "self-interested politicians."}, {"start": "00:30:33", "end": "00:30:37", "text": ">> You're speaking very reasonably on what"}, {"start": "00:30:35", "end": "00:30:39", "text": "a reasonable person would do. I want to"}, {"start": "00:30:37", "end": "00:30:40", "text": "remind you, we do not live in a"}, {"start": "00:30:39", "end": "00:30:41", "text": "reasonable world. White House"}, {"start": "00:30:40", "end": "00:30:43", "text": ">> gamble. Come on."}, {"start": "00:30:41", "end": "00:30:47", "text": ">> Yeah. The White House economic adviser"}, {"start": "00:30:43", "end": "00:30:48", "text": "Kevin Hasset says that the $5,000 checks"}, {"start": "00:30:47", "end": "00:30:52", "text": "that Trump wants to shill out for the"}, {"start": "00:30:48", "end": "00:30:55", "text": "GOP winning can be combined with fiscal"}, {"start": "00:30:52", "end": "00:30:55", "text": "responsibility. In their words, this is"}, {"start": "00:30:55", "end": "00:30:57", "text": "the planet."}, {"start": "00:30:55", "end": "00:30:59", "text": ">> What does that even mean?"}, {"start": "00:30:57", "end": "00:31:02", "text": ">> It means that we live an upside down"}, {"start": "00:30:59", "end": "00:31:04", "text": "world and that there is no fiscal"}, {"start": "00:31:02", "end": "00:31:06", "text": "responsibility on the horizon."}, {"start": "00:31:04", "end": "00:31:07", "text": "[laughter] That's what that means to me."}, {"start": "00:31:06", "end": "00:31:09", "text": "This is almost like a shock. Like"}, {"start": "00:31:07", "end": "00:31:11", "text": "remember when oil went negative, WTI"}, {"start": "00:31:09", "end": "00:31:12", "text": "went negative back I think it was like"}, {"start": "00:31:11", "end": "00:31:13", "text": "2019."}, {"start": "00:31:12", "end": "00:31:15", "text": ">> 2020 2019. Yeah."}, {"start": "00:31:13", "end": "00:31:17", "text": ">> Told me everything was just broken,"}, {"start": "00:31:15", "end": "00:31:18", "text": "right? And that's like the first thing I"}, {"start": "00:31:17", "end": "00:31:19", "text": "was like because I was studying Bitcoin"}, {"start": "00:31:18", "end": "00:31:21", "text": "and kind of learning about it. I was"}, {"start": "00:31:19", "end": "00:31:25", "text": "like, you know what? I'm just gonna"}, {"start": "00:31:21", "end": "00:31:27", "text": "fully exit this fiat Ponzi thing that's"}, {"start": "00:31:25", "end": "00:31:28", "text": "going on right now and I'm just going to"}, {"start": "00:31:27", "end": "00:31:30", "text": "go to Bitcoin because it's actually"}, {"start": "00:31:28", "end": "00:31:31", "text": "backed in energy spent and proof of"}, {"start": "00:31:30", "end": "00:31:35", "text": "work."}, {"start": "00:31:31", "end": "00:31:37", "text": ">> Now, this message from the economic"}, {"start": "00:31:35", "end": "00:31:40", "text": "advisor talking about paying off"}, {"start": "00:31:37", "end": "00:31:41", "text": "Americans if the GOP wins midterm"}, {"start": "00:31:40", "end": "00:31:44", "text": "elections can be combined with fiscal"}, {"start": "00:31:41", "end": "00:31:45", "text": "responsibility tells me everything I"}, {"start": "00:31:44", "end": "00:31:48", "text": "need to know. All bets are off. This is"}, {"start": "00:31:45", "end": "00:31:51", "text": "Max chaos season. And this is followed"}, {"start": "00:31:48", "end": "00:31:55", "text": "up by the US Treasury bought back $5.8"}, {"start": "00:31:51", "end": "00:31:59", "text": "billion of their own debt, $18 billion"}, {"start": "00:31:55", "end": "00:32:02", "text": "just this week. Scott is going"}, {"start": "00:31:59", "end": "00:32:05", "text": "absolutely ballistic. And on the $5,000"}, {"start": "00:32:02", "end": "00:32:07", "text": "check, let's say it comes in. Let's say"}, {"start": "00:32:05", "end": "00:32:10", "text": "it actually happens. Which altcoin are"}, {"start": "00:32:07", "end": "00:32:12", "text": "you yoloing into? Or Bitcoin? Like, you"}, {"start": "00:32:10", "end": "00:32:14", "text": "know, I'm having slight FOMO right now,"}, {"start": "00:32:12", "end": "00:32:16", "text": "even though we got really good positions"}, {"start": "00:32:14", "end": "00:32:17", "text": "in uh 62's range."}, {"start": "00:32:16", "end": "00:32:21", "text": ">> Mhm."}, {"start": "00:32:17", "end": "00:32:24", "text": ">> But I could see slinging another 5K at"}, {"start": "00:32:21", "end": "00:32:25", "text": "more Aerod Drrome. I think Aer Drrome"}, {"start": "00:32:24", "end": "00:32:26", "text": "would be kind of the top of the list."}, {"start": "00:32:25", "end": "00:32:28", "text": "What I would go after. What would you"}, {"start": "00:32:26", "end": "00:32:31", "text": "buy with 5K right now?"}, {"start": "00:32:28", "end": "00:32:33", "text": ">> Oh, if I got five Well,"}, {"start": "00:32:31", "end": "00:32:35", "text": "I'd have to get something something pure"}, {"start": "00:32:33", "end": "00:32:36", "text": "degenerate to go for that level. But I"}, {"start": "00:32:35", "end": "00:32:38", "text": "don't know. I mean, the easy one for me"}, {"start": "00:32:36", "end": "00:32:39", "text": "is throwing it in Salana, you know, or"}, {"start": "00:32:38", "end": "00:32:41", "text": "something like like if you want"}, {"start": "00:32:39", "end": "00:32:43", "text": "something basic. But I'm going to"}, {"start": "00:32:41", "end": "00:32:45", "text": "actually be doing a full portfolio broke"}, {"start": "00:32:43", "end": "00:32:47", "text": "breakdown in school soon. We do those"}, {"start": "00:32:45", "end": "00:32:49", "text": "school calls every Wednesday and kind of"}, {"start": "00:32:47", "end": "00:32:51", "text": "sharing my exact portfolio. I've already"}, {"start": "00:32:49", "end": "00:32:53", "text": "posted a lot of it. I did and I did see"}, {"start": "00:32:51", "end": "00:32:55", "text": "we missed this super chat here. Uh where"}, {"start": "00:32:53", "end": "00:32:56", "text": "do you guys see Salana and Hype getting"}, {"start": "00:32:55", "end": "00:32:57", "text": "to? So, let's look at that. I think"}, {"start": "00:32:56", "end": "00:32:58", "text": "yeah,"}, {"start": "00:32:57", "end": "00:33:00", "text": ">> hype is really hard because it's already"}, {"start": "00:32:58", "end": "00:33:01", "text": "in price discovery, but we can"}, {"start": "00:33:00", "end": "00:33:02", "text": "definitely make some predictions on"}, {"start": "00:33:01", "end": "00:33:05", "text": "Salana."}, {"start": "00:33:02", "end": "00:33:07", "text": ">> Um but both of them up up a lot. I'll"}, {"start": "00:33:05", "end": "00:33:08", "text": "say that much. But go if you go back to"}, {"start": "00:33:07", "end": "00:33:11", "text": "that last thing you had before the"}, {"start": "00:33:08", "end": "00:33:14", "text": "treasury because yeah, this is one step"}, {"start": "00:33:11", "end": "00:33:15", "text": "in some of the uh ways they manipulate"}, {"start": "00:33:14", "end": "00:33:16", "text": "market. If you don't have it anymore,"}, {"start": "00:33:15", "end": "00:33:17", "text": "that's fine. But you were talking about"}, {"start": "00:33:16", "end": "00:33:18", "text": "the $5,000."}, {"start": "00:33:17", "end": "00:33:20", "text": ">> Yeah, I got it still."}, {"start": "00:33:18", "end": "00:33:22", "text": ">> The other thing that another time that"}, {"start": "00:33:20", "end": "00:33:24", "text": "this happened obviously was around that"}, {"start": "00:33:22", "end": "00:33:25", "text": "same period you were talking about in CO"}, {"start": "00:33:24", "end": "00:33:27", "text": "where they gave everybody, you know,"}, {"start": "00:33:25", "end": "00:33:29", "text": "stimulus. They're calling them stimulus"}, {"start": "00:33:27", "end": "00:33:30", "text": "check. But the real term for this, if"}, {"start": "00:33:29", "end": "00:33:32", "text": "you guys aren't familiar, it's called"}, {"start": "00:33:30", "end": "00:33:34", "text": "helicopter money. And it's not usually a"}, {"start": "00:33:32", "end": "00:33:35", "text": "sign of a healthy economy. I mean, if"}, {"start": "00:33:34", "end": "00:33:37", "text": "you look at what helicopter money is,"}, {"start": "00:33:35", "end": "00:33:39", "text": "it's a unconventional economic policy"}, {"start": "00:33:37", "end": "00:33:41", "text": "where central banks create new money to"}, {"start": "00:33:39", "end": "00:33:44", "text": "distribute directly to the public. And"}, {"start": "00:33:41", "end": "00:33:46", "text": "this is basically another phrase uh you"}, {"start": "00:33:44", "end": "00:33:49", "text": "could use is bribery. You know, they're"}, {"start": "00:33:46", "end": "00:33:52", "text": "basically bribing the public. And if you"}, {"start": "00:33:49", "end": "00:33:55", "text": "go back and look at how much the US"}, {"start": "00:33:52", "end": "00:33:56", "text": "American taxpayer got stimulus-wise"}, {"start": "00:33:55", "end": "00:33:59", "text": "compared to the amount of money they"}, {"start": "00:33:56", "end": "00:34:00", "text": "printed, it's laughable. Yeah. And if"}, {"start": "00:33:59", "end": "00:34:01", "text": "they're talking about helicopter money"}, {"start": "00:34:00", "end": "00:34:03", "text": "again, you better believe they're"}, {"start": "00:34:01", "end": "00:34:05", "text": "talking about a massive, massive,"}, {"start": "00:34:03", "end": "00:34:08", "text": "massive money print. And this is hush"}, {"start": "00:34:05", "end": "00:34:09", "text": "money uh to keep everybody at bay and"}, {"start": "00:34:08", "end": "00:34:11", "text": "like, \"Oh, hey, I got a check for"}, {"start": "00:34:09", "end": "00:34:13", "text": "$5,000. I guess this is good.\" You know,"}, {"start": "00:34:11", "end": "00:34:14", "text": ">> do whatever you want. I don't care. I'm"}, {"start": "00:34:13", "end": "00:34:16", "text": "going to go out and eat some Chick-fil-A"}, {"start": "00:34:14", "end": "00:34:17", "text": "with this money."}, {"start": "00:34:16", "end": "00:34:18", "text": ">> Yeah. Exactly. I mean, it's Yeah."}, {"start": "00:34:17", "end": "00:34:20", "text": "people. It's what's crazy is people were"}, {"start": "00:34:18", "end": "00:34:22", "text": "buying TVs and doing crazy stuff with"}, {"start": "00:34:20", "end": "00:34:25", "text": "it. And it's just, you know, but at the"}, {"start": "00:34:22", "end": "00:34:27", "text": "end of the day, this is more signs of"}, {"start": "00:34:25", "end": "00:34:30", "text": "money printing, more signs of expansion"}, {"start": "00:34:27", "end": "00:34:33", "text": "of the money supply, and more reasons to"}, {"start": "00:34:30", "end": "00:34:35", "text": "hold Bitcoin, hold hard assets, Bitcoin,"}, {"start": "00:34:33", "end": "00:34:36", "text": "gold, land. Uh if you're in those,"}, {"start": "00:34:35", "end": "00:34:38", "text": "you're going to be fine. Yeah. Sure. And"}, {"start": "00:34:36", "end": "00:34:39", "text": "things that produce cash, you know."}, {"start": "00:34:38", "end": "00:34:42", "text": "Basically, that's my whole investment"}, {"start": "00:34:39", "end": "00:34:44", "text": "thesis right there. Bitcoin, gold, land,"}, {"start": "00:34:42", "end": "00:34:45", "text": "and money makers. Things that are"}, {"start": "00:34:44", "end": "00:34:47", "text": "throwing off enough money because we're"}, {"start": "00:34:45", "end": "00:34:49", "text": "going to have inflation. So, if you're"}, {"start": "00:34:47", "end": "00:34:51", "text": "if they're throwing off cash at a at a"}, {"start": "00:34:49", "end": "00:34:54", "text": "and growing at a good rate, you should"}, {"start": "00:34:51", "end": "00:34:56", "text": "be able to keep up. Um, if not, you're"}, {"start": "00:34:54", "end": "00:34:57", "text": "going to get left behind. And"}, {"start": "00:34:56", "end": "00:34:58", "text": "fortunately for most of you guys"}, {"start": "00:34:57", "end": "00:35:00", "text": "watching this channel, you do hold"}, {"start": "00:34:58", "end": "00:35:02", "text": "assets and you're going to be okay."}, {"start": "00:35:00", "end": "00:35:03", "text": "Hopefully, you're not chasing meme"}, {"start": "00:35:02", "end": "00:35:04", "text": "coins. Um, you know,"}, {"start": "00:35:03", "end": "00:35:07", "text": ">> I thought someone in the chat was going"}, {"start": "00:35:04", "end": "00:35:10", "text": "to use that 5K for laptop. That would be"}, {"start": "00:35:07", "end": "00:35:13", "text": "ironic to like get rich off laptop with"}, {"start": "00:35:10", "end": "00:35:15", "text": "a government funny money check. That"}, {"start": "00:35:13", "end": "00:35:15", "text": ">> good luck. Good luck with that. You"}, {"start": "00:35:15", "end": "00:35:16", "text": "know,"}, {"start": "00:35:15", "end": "00:35:18", "text": ">> Hunter came out with the followup"}, {"start": "00:35:16", "end": "00:35:20", "text": "message. I don't know how much I want to"}, {"start": "00:35:18", "end": "00:35:22", "text": "stay on this whole Hunter Biden deal."}, {"start": "00:35:20", "end": "00:35:24", "text": "Off topic. Uh,"}, {"start": "00:35:22", "end": "00:35:27", "text": ">> we were talking about this today. Yeah,"}, {"start": "00:35:24", "end": "00:35:29", "text": "sub 5% maybe, but Drew is one of those"}, {"start": "00:35:27", "end": "00:35:31", "text": "ones that has an incredibly incredibly"}, {"start": "00:35:29", "end": "00:35:33", "text": "low interest rate."}, {"start": "00:35:31", "end": "00:35:34", "text": ">> I'm an elitist when it comes to the"}, {"start": "00:35:33", "end": "00:35:35", "text": ">> You're sub three, right?"}, {"start": "00:35:34", "end": "00:35:37", "text": ">> Yeah."}, {"start": "00:35:35", "end": "00:35:39", "text": ">> I don't think we ever see sub three"}, {"start": "00:35:37", "end": "00:35:41", "text": "again in our lifetimes. I mean, maybe in"}, {"start": "00:35:39", "end": "00:35:42", "text": "some point in, you know, an AI is"}, {"start": "00:35:41", "end": "00:35:44", "text": "running the world and nobody has to pay"}, {"start": "00:35:42", "end": "00:35:46", "text": "for anything and we're in this magical"}, {"start": "00:35:44", "end": "00:35:47", "text": "utopia that they keep selling us, but"}, {"start": "00:35:46", "end": "00:35:48", "text": ">> they just get a in a pod. They pay for"}, {"start": "00:35:47", "end": "00:35:50", "text": "you to get"}, {"start": "00:35:48", "end": "00:35:51", "text": ">> just live in your box. Yeah. You'll get"}, {"start": "00:35:50", "end": "00:35:53", "text": "paid to sit there and consume, you know,"}, {"start": "00:35:51", "end": "00:35:55", "text": "but"}, {"start": "00:35:53", "end": "00:35:57", "text": ">> um No, I think that was a gift. And"}, {"start": "00:35:55", "end": "00:36:00", "text": "anybody who was fortunate enough to get"}, {"start": "00:35:57", "end": "00:36:02", "text": "those, you know, 2.8, you know, 2.7,"}, {"start": "00:36:00", "end": "00:36:04", "text": "some of those kind of crazy rates, uh,"}, {"start": "00:36:02", "end": "00:36:05", "text": "you're never you can never sell them."}, {"start": "00:36:04", "end": "00:36:06", "text": "You know, you just just hold that"}, {"start": "00:36:05", "end": "00:36:07", "text": "forever. That's the best that's the best"}, {"start": "00:36:06", "end": "00:36:09", "text": "rate you're ever going to get to short"}, {"start": "00:36:07", "end": "00:36:11", "text": "the dollar. Uh, and that's one thing you"}, {"start": "00:36:09", "end": "00:36:13", "text": "need to know when you're taking a"}, {"start": "00:36:11", "end": "00:36:14", "text": "mortgage or a loan like that is like if"}, {"start": "00:36:13", "end": "00:36:16", "text": "you take a 30-year mortgage, that's"}, {"start": "00:36:14", "end": "00:36:18", "text": "basically a 30-year short position on"}, {"start": "00:36:16", "end": "00:36:19", "text": "the dollar because they will inflate."}, {"start": "00:36:18", "end": "00:36:21", "text": "You know, they're going to be inflating"}, {"start": "00:36:19", "end": "00:36:23", "text": "the US debt away, which can work in your"}, {"start": "00:36:21", "end": "00:36:24", "text": "favor, too. I'm not necessarily a big"}, {"start": "00:36:23", "end": "00:36:27", "text": "advocate for a lot of people to run out"}, {"start": "00:36:24", "end": "00:36:29", "text": "and rack up a bunch of debt, but um, if"}, {"start": "00:36:27", "end": "00:36:31", "text": "you know how to do it and you have very,"}, {"start": "00:36:29", "end": "00:36:33", "text": "very, very good financial discipline, it"}, {"start": "00:36:31", "end": "00:36:35", "text": "is absolutely a tool you can use to, uh,"}, {"start": "00:36:33", "end": "00:36:38", "text": "increase your wealth. You know, another"}, {"start": "00:36:35", "end": "00:36:41", "text": "phrase for debt is leverage. So, um I"}, {"start": "00:36:38", "end": "00:36:43", "text": "generally speaking, I try to I like to"}, {"start": "00:36:41", "end": "00:36:44", "text": "have everything paid off. It's just good"}, {"start": "00:36:43", "end": "00:36:47", "text": "for peace of mind and just my own"}, {"start": "00:36:44", "end": "00:36:49", "text": "personal preference. But I do see if I'm"}, {"start": "00:36:47", "end": "00:36:51", "text": "trying to make the most the fastest, I"}, {"start": "00:36:49", "end": "00:36:52", "text": "can go take a loan against this house"}, {"start": "00:36:51", "end": "00:36:54", "text": "and buy Bitcoin with it and the Bitcoin"}, {"start": "00:36:52", "end": "00:36:57", "text": "will definitely outperform whatever even"}, {"start": "00:36:54", "end": "00:36:59", "text": "at 7% or whatever the rates are now."}, {"start": "00:36:57", "end": "00:37:01", "text": ">> Uh Bitcoin is definitely going to be"}, {"start": "00:36:59", "end": "00:37:02", "text": "doing better than 7% a year over 30"}, {"start": "00:37:01", "end": "00:37:04", "text": "years. So,"}, {"start": "00:37:02", "end": "00:37:06", "text": ">> yeah. Hey, I was talking about this at"}, {"start": "00:37:04", "end": "00:37:07", "text": "with a bunch of real estate folks and uh"}, {"start": "00:37:06", "end": "00:37:12", "text": "you know, other fathers from the school"}, {"start": "00:37:07", "end": "00:37:14", "text": "that my kids go to. And when I saw a"}, {"start": "00:37:12", "end": "00:37:19", "text": "rate under 3%,"}, {"start": "00:37:14", "end": "00:37:21", "text": "I had a feeling in my soul that we were"}, {"start": "00:37:19", "end": "00:37:24", "text": "likely never going to see that cheap of"}, {"start": "00:37:21", "end": "00:37:26", "text": "a a mortgage ever again. And that's why"}, {"start": "00:37:24", "end": "00:37:27", "text": "it's really hard for me to let go of it"}, {"start": "00:37:26", "end": "00:37:29", "text": "now because a lot of that thesis is"}, {"start": "00:37:27", "end": "00:37:31", "text": "playing out. We're at like 7% interest"}, {"start": "00:37:29", "end": "00:37:33", "text": "rates now. And this, you know, funny"}, {"start": "00:37:31", "end": "00:37:35", "text": "money being air dropped. I think money"}, {"start": "00:37:33", "end": "00:37:37", "text": "is going to become more useless. We have"}, {"start": "00:37:35", "end": "00:37:39", "text": "the Treasury buying $18 billion dollars"}, {"start": "00:37:37", "end": "00:37:42", "text": "of its own debt this week. But they did"}, {"start": "00:37:39", "end": "00:37:45", "text": "come out with a solution. They're hiring"}, {"start": "00:37:42", "end": "00:37:48", "text": "uh what is this lady? What's her name"}, {"start": "00:37:45", "end": "00:37:50", "text": "again? Sydney Sweeney. Sydney Sweeney to"}, {"start": "00:37:48", "end": "00:37:52", "text": "sell our treasuries for us. We got"}, {"start": "00:37:50", "end": "00:37:55", "text": ">> Safe Secure Sweeney. This is the new ad"}, {"start": "00:37:52", "end": "00:37:57", "text": "campaign for buying US debt. This"}, {"start": "00:37:55", "end": "00:37:58", "text": "actually could be the thing that Bent"}, {"start": "00:37:57", "end": "00:38:00", "text": "needs to make this happen."}, {"start": "00:37:58", "end": "00:38:01", "text": ">> Yeah. The only move they have left is"}, {"start": "00:38:00", "end": "00:38:03", "text": "like, \"Hey, maybe this will maybe this"}, {"start": "00:38:01", "end": "00:38:05", "text": "will make people buy a debt at our"}, {"start": "00:38:03", "end": "00:38:06", "text": "auctions.\" And [laughter] uh yeah,"}, {"start": "00:38:05", "end": "00:38:09", "text": "that's funny."}, {"start": "00:38:06", "end": "00:38:12", "text": ">> Oh my god. Well, we're also going to be"}, {"start": "00:38:09", "end": "00:38:14", "text": "sanctioning a large bank this week. So"}, {"start": "00:38:12", "end": "00:38:17", "text": "maybe a Russian bank. Treasury Secretary"}, {"start": "00:38:14", "end": "00:38:20", "text": "Scott Bassen has his eyes on a sanction"}, {"start": "00:38:17", "end": "00:38:22", "text": "of a large bank. Could be. Hopefully it"}, {"start": "00:38:20", "end": "00:38:24", "text": "stays insulated to this whole Iran"}, {"start": "00:38:22", "end": "00:38:25", "text": "thing. If it expands into the Russian"}, {"start": "00:38:24", "end": "00:38:27", "text": "sector, we might have some serious"}, {"start": "00:38:25", "end": "00:38:29", "text": "problems. Hunter Biden coming out"}, {"start": "00:38:27", "end": "00:38:30", "text": "apologizing for all of his work. I don't"}, {"start": "00:38:29", "end": "00:38:33", "text": "really need to spend too much time on"}, {"start": "00:38:30", "end": "00:38:34", "text": "this, but he's the gift that keeps on"}, {"start": "00:38:33", "end": "00:38:35", "text": "giving to me, man. It's"}, {"start": "00:38:34", "end": "00:38:36", "text": ">> Oh, man."}, {"start": "00:38:35", "end": "00:38:39", "text": ">> The best part."}, {"start": "00:38:36", "end": "00:38:40", "text": ">> I've been working on this thing for six"}, {"start": "00:38:39", "end": "00:38:42", "text": "months straight."}, {"start": "00:38:40", "end": "00:38:43", "text": ">> He listen, he learned for six months"}, {"start": "00:38:42", "end": "00:38:45", "text": "straight."}, {"start": "00:38:43", "end": "00:38:49", "text": "I've been working on this thing for six"}, {"start": "00:38:45", "end": "00:38:52", "text": "months straight and I have gone"}, {"start": "00:38:49", "end": "00:38:54", "text": "in deep in terms of cryptocurrency and"}, {"start": "00:38:52", "end": "00:38:56", "text": "understanding exactly what I was getting"}, {"start": "00:38:54", "end": "00:38:59", "text": "into. And what I was getting into was"}, {"start": "00:38:56", "end": "00:39:01", "text": "trying to do something just marketkedly"}, {"start": "00:38:59", "end": "00:39:03", "text": "different than what has been offered up"}, {"start": "00:39:01", "end": "00:39:05", "text": "to the to the community in the past two"}, {"start": "00:39:03", "end": "00:39:07", "text": "years. That's something that actually"}, {"start": "00:39:05", "end": "00:39:09", "text": "could help build community and do"}, {"start": "00:39:07", "end": "00:39:10", "text": "something that's worthwhile."}, {"start": "00:39:09", "end": "00:39:12", "text": ">> You know, he's building a community."}, {"start": "00:39:10", "end": "00:39:14", "text": "He's building a community and"}, {"start": "00:39:12", "end": "00:39:16", "text": ">> topier top tier scammer. You know, the"}, {"start": "00:39:14", "end": "00:39:17", "text": "LA Vape Cabal could, you know, they"}, {"start": "00:39:16", "end": "00:39:21", "text": "they're probably this is their, you"}, {"start": "00:39:17", "end": "00:39:21", "text": "know, uh, what they call it, Final Boss."}, {"start": "00:39:21", "end": "00:39:24", "text": "You know,"}, {"start": "00:39:21", "end": "00:39:27", "text": ">> I could see it now. Him, FaZe Banks,"}, {"start": "00:39:24", "end": "00:39:28", "text": "and, uh, you know, what's that other"}, {"start": "00:39:27", "end": "00:39:28", "text": "fella's name? I I follow him all the"}, {"start": "00:39:28", "end": "00:39:30", "text": "time."}, {"start": "00:39:28", "end": "00:39:32", "text": ">> Frank the Gods or whatever it is."}, {"start": "00:39:30", "end": "00:39:34", "text": ">> Frank the Gods. But then what's that?"}, {"start": "00:39:32", "end": "00:39:36", "text": "Jake or"}, {"start": "00:39:34", "end": "00:39:38", "text": ">> can't remember. It's the Salana guy. The"}, {"start": "00:39:36", "end": "00:39:41", "text": "super skinny Salana, right? Is that"}, {"start": "00:39:38", "end": "00:39:43", "text": ">> Jakey? Yeah, him. Jakey, Faze Banks, all"}, {"start": "00:39:41", "end": "00:39:45", "text": "in one house together. That's a sitcom"}, {"start": "00:39:43", "end": "00:39:47", "text": "I'm watching. That's the sitcom I'm"}, {"start": "00:39:45", "end": "00:39:50", "text": "getting some popcorn I'm watching."}, {"start": "00:39:47", "end": "00:39:52", "text": ">> If you bought that coin and got rugged,"}, {"start": "00:39:50", "end": "00:39:53", "text": "you know, I don't really have a lot of"}, {"start": "00:39:52", "end": "00:39:55", "text": "sympathy. We, you know, like, of course,"}, {"start": "00:39:53", "end": "00:39:58", "text": "that was what was going to happen. Um,"}, {"start": "00:39:55", "end": "00:40:00", "text": ">> yeah, you never have your wallet and"}, {"start": "00:39:58", "end": "00:40:01", "text": "expect it back. You never do that."}, {"start": "00:40:00", "end": "00:40:03", "text": ">> We got the super chat here. If you're"}, {"start": "00:40:01", "end": "00:40:04", "text": "still having audio, this is actually"}, {"start": "00:40:03", "end": "00:40:06", "text": "good advice. I need to check this. You"}, {"start": "00:40:04", "end": "00:40:07", "text": "just check if your audio cables are"}, {"start": "00:40:06", "end": "00:40:09", "text": "touching any power cables. That usually"}, {"start": "00:40:07", "end": "00:40:10", "text": "is something that, you know, we should"}, {"start": "00:40:09", "end": "00:40:12", "text": "check that this. That's probably what it"}, {"start": "00:40:10", "end": "00:40:14", "text": "is to be honest. So, thank you for that"}, {"start": "00:40:12", "end": "00:40:15", "text": "super chat."}, {"start": "00:40:14", "end": "00:40:16", "text": ">> 22."}, {"start": "00:40:15", "end": "00:40:18", "text": ">> Appreciate that."}, {"start": "00:40:16", "end": "00:40:20", "text": ">> I've had that happen before and that has"}, {"start": "00:40:18", "end": "00:40:21", "text": "been a a fix and you know I there's a"}, {"start": "00:40:20", "end": "00:40:23", "text": "chance we were moving some stuff around"}, {"start": "00:40:21", "end": "00:40:24", "text": "so we have to go look."}, {"start": "00:40:23", "end": "00:40:26", "text": ">> Now, I'm always shifting stuff around"}, {"start": "00:40:24", "end": "00:40:28", "text": "doing insane stuff in the office. So,"}, {"start": "00:40:26", "end": "00:40:30", "text": "now we talked about tokenization and the"}, {"start": "00:40:28", "end": "00:40:33", "text": "tokenization of assets. what chains are"}, {"start": "00:40:30", "end": "00:40:35", "text": "going to benefit the most out of the"}, {"start": "00:40:33", "end": "00:40:38", "text": "literal stock market coming onchain,"}, {"start": "00:40:35", "end": "00:40:42", "text": "crypto being adopted at as a whole. Now,"}, {"start": "00:40:38", "end": "00:40:44", "text": "Coinbase is not the only beneficiary of"}, {"start": "00:40:42", "end": "00:40:48", "text": "bringing US equities on chain. Token"}, {"start": "00:40:44", "end": "00:40:49", "text": "tokenized stocks generated $562 million"}, {"start": "00:40:48", "end": "00:40:52", "text": "over the course of 30 days in"}, {"start": "00:40:49", "end": "00:40:54", "text": "decentralized exchange volume on base"}, {"start": "00:40:52", "end": "00:40:58", "text": "with Aerod Drrome processing a vast"}, {"start": "00:40:54", "end": "00:41:01", "text": "majority of that $400 million of it and"}, {"start": "00:40:58", "end": "00:41:03", "text": "unis swap coming in processing $156"}, {"start": "00:41:01", "end": "00:41:06", "text": "million across versions three and four."}, {"start": "00:41:03", "end": "00:41:09", "text": "So Aerodrome and Uniswap huge"}, {"start": "00:41:06", "end": "00:41:13", "text": "beneficiaries so far of this massive"}, {"start": "00:41:09", "end": "00:41:14", "text": "influx of tokenized stocks. Um I am a"}, {"start": "00:41:13", "end": "00:41:17", "text": "little surprised. I saw some people"}, {"start": "00:41:14", "end": "00:41:19", "text": "mentioning Onondo and I guessed Onondo"}, {"start": "00:41:17", "end": "00:41:21", "text": "was 36 cents and I promise I did not"}, {"start": "00:41:19", "end": "00:41:22", "text": "look at the price. I want to go find out"}, {"start": "00:41:21", "end": "00:41:25", "text": "if I'm right because this thing has been"}, {"start": "00:41:22", "end": "00:41:28", "text": "36 cents for the last what feels like 10"}, {"start": "00:41:25", "end": "00:41:30", "text": "years and there is 36 cents."}, {"start": "00:41:28", "end": "00:41:32", "text": ">> It just it's like you remember when"}, {"start": "00:41:30", "end": "00:41:35", "text": "Quant stayed at $100 for like five"}, {"start": "00:41:32", "end": "00:41:36", "text": "months in a row or something like that?"}, {"start": "00:41:35", "end": "00:41:38", "text": ">> This is kind of a similar situation"}, {"start": "00:41:36", "end": "00:41:40", "text": ">> like Morpho at two bucks forever."}, {"start": "00:41:38", "end": "00:41:43", "text": ">> Yeah. Yeah. You know, this is this is"}, {"start": "00:41:40", "end": "00:41:45", "text": "winding up. And you know what?"}, {"start": "00:41:43", "end": "00:41:47", "text": "I know that there's very minimal value"}, {"start": "00:41:45", "end": "00:41:48", "text": "capture here. And the usually when that"}, {"start": "00:41:47", "end": "00:41:51", "text": "happens, your token gets just"}, {"start": "00:41:48", "end": "00:41:53", "text": "obliterated in a bare market."}, {"start": "00:41:51", "end": "00:41:55", "text": ">> That doesn't help either."}, {"start": "00:41:53", "end": "00:41:58", "text": ">> That's true. The owner died uh or the"}, {"start": "00:41:55", "end": "00:42:00", "text": "founder died. The mom is suing and I"}, {"start": "00:41:58", "end": "00:42:02", "text": "think she won that lawsuit to actually"}, {"start": "00:42:00", "end": "00:42:05", "text": "take his position. I think she"}, {"start": "00:42:02", "end": "00:42:05", "text": ">> the CEO now. I'm the captain now."}, {"start": "00:42:05", "end": "00:42:08", "text": "[laughter]"}, {"start": "00:42:05", "end": "00:42:10", "text": ">> Yeah. So I, you know, sad story. It kind"}, {"start": "00:42:08", "end": "00:42:12", "text": "of looks like a giant middle finger, but"}, {"start": "00:42:10", "end": "00:42:14", "text": "uh we'll see if it can rise. Like where"}, {"start": "00:42:12", "end": "00:42:16", "text": "you're going to run into everyone"}, {"start": "00:42:14", "end": "00:42:19", "text": "running out of this thing is about 67"}, {"start": "00:42:16", "end": "00:42:20", "text": "cents. 67 the for the meme of it too."}, {"start": "00:42:19", "end": "00:42:22", "text": ">> Mhm."}, {"start": "00:42:20", "end": "00:42:23", "text": ">> Uh they will cheat this thing at 67"}, {"start": "00:42:22", "end": "00:42:24", "text": "[clears throat] cents. So we'll see if"}, {"start": "00:42:23", "end": "00:42:27", "text": "it can break about I think it will get"}, {"start": "00:42:24", "end": "00:42:29", "text": "to 67 cents just to be clear. I think we"}, {"start": "00:42:27", "end": "00:42:31", "text": "got enough juice in the tank. But that"}, {"start": "00:42:29", "end": "00:42:33", "text": "being said, you're going to have some"}, {"start": "00:42:31", "end": "00:42:35", "text": "happy exits at that point. Arrow to $10."}, {"start": "00:42:33", "end": "00:42:40", "text": "That would be a massive massive move for"}, {"start": "00:42:35", "end": "00:42:42", "text": "Aerod Drrome. um possible yes"}, {"start": "00:42:40", "end": "00:42:45", "text": "probabilities land more at like the $4"}, {"start": "00:42:42", "end": "00:42:49", "text": "to5 range for me personally but honestly"}, {"start": "00:42:45", "end": "00:42:51", "text": "like four to five bucks is happy grab"}, {"start": "00:42:49", "end": "00:42:53", "text": "and happy exit for me on aerod drrome"}, {"start": "00:42:51", "end": "00:42:55", "text": "but if this bars pattern plays out on"}, {"start": "00:42:53", "end": "00:42:59", "text": "Bitcoin guys there I there is no way"}, {"start": "00:42:55", "end": "00:43:02", "text": "that I can accurately predict the tops"}, {"start": "00:42:59", "end": "00:43:06", "text": "of altcoins if this previous pattern on"}, {"start": "00:43:02", "end": "00:43:07", "text": "Bitcoin plays out again in a less"}, {"start": "00:43:06", "end": "00:43:09", "text": "expected manner"}, {"start": "00:43:07", "end": "00:43:11", "text": "There is no telling like I'll I'll I'll"}, {"start": "00:43:09", "end": "00:43:14", "text": "look at hyperl and uh what was the other"}, {"start": "00:43:11", "end": "00:43:15", "text": "one that we got to look at as wellid"}, {"start": "00:43:14", "end": "00:43:18", "text": "hyperl and salana"}, {"start": "00:43:15", "end": "00:43:20", "text": ">> but um yeah if this takes hold man god"}, {"start": "00:43:18", "end": "00:43:22", "text": ">> no it's going to get crazy and I think"}, {"start": "00:43:20", "end": "00:43:24", "text": "it I mean I really think it is and it"}, {"start": "00:43:22", "end": "00:43:26", "text": "will I'm not maybe not play out exactly"}, {"start": "00:43:24", "end": "00:43:27", "text": "like that but I think this bull market"}, {"start": "00:43:26", "end": "00:43:30", "text": "is going to shock people I was saying"}, {"start": "00:43:27", "end": "00:43:31", "text": "that you know that this this cycle we're"}, {"start": "00:43:30", "end": "00:43:33", "text": "going to see you know in this next cycle"}, {"start": "00:43:31", "end": "00:43:36", "text": "it will be the end of diminished returns"}, {"start": "00:43:33", "end": "00:43:39", "text": "and we will have a a a higher return"}, {"start": "00:43:36", "end": "00:43:41", "text": "like 2024 was consistent with, you know,"}, {"start": "00:43:39", "end": "00:43:43", "text": "21 was diminished returns, 25 was"}, {"start": "00:43:41", "end": "00:43:44", "text": "diminished returns, and I think this"}, {"start": "00:43:43", "end": "00:43:46", "text": "time we're not going to see, we're going"}, {"start": "00:43:44", "end": "00:43:49", "text": "to see it again outperform and look a"}, {"start": "00:43:46", "end": "00:43:50", "text": "lot more like the 2017 bull market uh"}, {"start": "00:43:49", "end": "00:43:51", "text": "than the bull markets we've seen in the"}, {"start": "00:43:50", "end": "00:43:52", "text": "past. And it's going to shock a lot of"}, {"start": "00:43:51", "end": "00:43:54", "text": "people. A lot of people have never"}, {"start": "00:43:52", "end": "00:43:58", "text": "experienced anything like that and it's"}, {"start": "00:43:54", "end": "00:44:00", "text": "going to be insane and a lot for the lot"}, {"start": "00:43:58", "end": "00:44:01", "text": "a big part of that is for the reason you"}, {"start": "00:44:00", "end": "00:44:03", "text": "just mentioned with what's going on with"}, {"start": "00:44:01", "end": "00:44:05", "text": "the tokenization and everything coming"}, {"start": "00:44:03", "end": "00:44:07", "text": "on chain and arrow and uni and Coinbase"}, {"start": "00:44:05", "end": "00:44:09", "text": "and Robin Hood and all these Kraken all"}, {"start": "00:44:07", "end": "00:44:12", "text": "these major exchanges."}, {"start": "00:44:09", "end": "00:44:14", "text": ">> Um it's it's going to be a flood."}, {"start": "00:44:12", "end": "00:44:17", "text": "There's going to be insane fees. There's"}, {"start": "00:44:14", "end": "00:44:18", "text": "going to be insane markets built on top"}, {"start": "00:44:17", "end": "00:44:19", "text": "of this stuff in insane ways and"}, {"start": "00:44:18", "end": "00:44:21", "text": "creative ways. There going to be"}, {"start": "00:44:19", "end": "00:44:23", "text": "ridiculous things that perform like"}, {"start": "00:44:21", "end": "00:44:25", "text": "crazy and crash. There's going to be"}, {"start": "00:44:23", "end": "00:44:27", "text": "very serious things that perform well"}, {"start": "00:44:25", "end": "00:44:30", "text": "and there's just going to be an insane"}, {"start": "00:44:27", "end": "00:44:31", "text": "amount of opportunity. So, yeah, I'm"}, {"start": "00:44:30", "end": "00:44:33", "text": "ready. I am ready."}, {"start": "00:44:31", "end": "00:44:35", "text": ">> Yeah, I got to kind of highlight what"}, {"start": "00:44:33", "end": "00:44:37", "text": "you're talking about here about the it's"}, {"start": "00:44:35", "end": "00:44:40", "text": "felt a little like uh something's been"}, {"start": "00:44:37", "end": "00:44:42", "text": "held back for the last few B like the"}, {"start": "00:44:40", "end": "00:44:45", "text": "last bull market at least. And this is"}, {"start": "00:44:42", "end": "00:44:47", "text": "the Bitcoin to gold ratio here. And this"}, {"start": "00:44:45", "end": "00:44:50", "text": "is one of the clearer ways that I can"}, {"start": "00:44:47", "end": "00:44:52", "text": "kind of conceptualize how deep our bare"}, {"start": "00:44:50", "end": "00:44:55", "text": "market that we've currently been in is"}, {"start": "00:44:52", "end": "00:44:57", "text": "it's very very deep. We went exactly to"}, {"start": "00:44:55", "end": "00:45:00", "text": "the point where we've gone to each"}, {"start": "00:44:57", "end": "00:45:03", "text": "single bare market around a negative 70"}, {"start": "00:45:00", "end": "00:45:07", "text": "negative73 on the momentum waves as you"}, {"start": "00:45:03", "end": "00:45:10", "text": "can see from market cipher. And this"}, {"start": "00:45:07", "end": "00:45:14", "text": "really what I'd see is, you know, gold"}, {"start": "00:45:10", "end": "00:45:16", "text": "has pumped very, very hard so far. And I"}, {"start": "00:45:14", "end": "00:45:18", "text": "could see, you know, a lot of profit"}, {"start": "00:45:16", "end": "00:45:20", "text": "taking from gold into what's going to be"}, {"start": "00:45:18", "end": "00:45:22", "text": "looked at as a pretty big opportunity in"}, {"start": "00:45:20", "end": "00:45:25", "text": "crypto. And I know that we look at it as"}, {"start": "00:45:22", "end": "00:45:26", "text": "an opportunity right now, but I could"}, {"start": "00:45:25", "end": "00:45:30", "text": "see something like this playing out"}, {"start": "00:45:26", "end": "00:45:32", "text": "where over time as we realize that we're"}, {"start": "00:45:30", "end": "00:45:35", "text": "more in a digital economy and that"}, {"start": "00:45:32", "end": "00:45:38", "text": "Bitcoin is here to stay, I could"}, {"start": "00:45:35", "end": "00:45:41", "text": "absolutely see us rising against gold in"}, {"start": "00:45:38", "end": "00:45:45", "text": "an outpaced way where we could rise to"}, {"start": "00:45:41", "end": "00:45:47", "text": "80 ounces of gold for one Bitcoin. I"}, {"start": "00:45:45", "end": "00:45:49", "text": "think that that is very accomplishable"}, {"start": "00:45:47", "end": "00:45:52", "text": "and that will make a lot of people freak"}, {"start": "00:45:49", "end": "00:45:53", "text": "out. But I've seen this chart play out"}, {"start": "00:45:52", "end": "00:45:55", "text": "for a few different cycles and the last"}, {"start": "00:45:53", "end": "00:45:58", "text": "cycle was a very diminished cycle. We"}, {"start": "00:45:55", "end": "00:45:59", "text": "barely made a new all-time high. Gold"}, {"start": "00:45:58", "end": "00:46:02", "text": "has gone parabolic and it's a"}, {"start": "00:45:59", "end": "00:46:04", "text": "stagflationary type event, which I think"}, {"start": "00:46:02", "end": "00:46:06", "text": "is going on right now. I know that"}, {"start": "00:46:04", "end": "00:46:07", "text": "there's economics majors that want to"}, {"start": "00:46:06", "end": "00:46:09", "text": "sigh out me into thinking that that's"}, {"start": "00:46:07", "end": "00:46:12", "text": "not what's happening. But I do feel like"}, {"start": "00:46:09", "end": "00:46:14", "text": "we're in the 79 to 80 time frame for the"}, {"start": "00:46:12", "end": "00:46:16", "text": "United States. Gold is glowing up in a"}, {"start": "00:46:14", "end": "00:46:18", "text": "huge way. Once that's done and gold"}, {"start": "00:46:16", "end": "00:46:21", "text": "returns back down, people are going to"}, {"start": "00:46:18", "end": "00:46:23", "text": "yolo in to the next iteration of gold,"}, {"start": "00:46:21", "end": "00:46:25", "text": "which is digital gold, Bitcoin. And I"}, {"start": "00:46:23", "end": "00:46:28", "text": "could see this chart hitting 80 ounces"}, {"start": "00:46:25", "end": "00:46:30", "text": "of gold per Bitcoin over the course of"}, {"start": "00:46:28", "end": "00:46:32", "text": "the next bull cycle. This is what I'm"}, {"start": "00:46:30", "end": "00:46:33", "text": "looking at on that side. Pretty excited"}, {"start": "00:46:32", "end": "00:46:36", "text": "to talk about altcoins now. Talking a"}, {"start": "00:46:33", "end": "00:46:38", "text": "lot about macro, but the macro matters,"}, {"start": "00:46:36", "end": "00:46:39", "text": "okay? Try to consolidate the macro to"}, {"start": "00:46:38", "end": "00:46:42", "text": "bite-sized portions so we can understand"}, {"start": "00:46:39", "end": "00:46:44", "text": "it. Just on the Clarity Act side,"}, {"start": "00:46:42", "end": "00:46:46", "text": "revisions were done to the Clarity Act."}, {"start": "00:46:44", "end": "00:46:48", "text": "None of it included the ethics"}, {"start": "00:46:46", "end": "00:46:50", "text": "provisions that the Democrats were"}, {"start": "00:46:48", "end": "00:46:52", "text": "looking for. With the Trump memecoin"}, {"start": "00:46:50", "end": "00:46:54", "text": "coming out and the world liberty"}, {"start": "00:46:52", "end": "00:46:56", "text": "connection to Trump's family, the ethics"}, {"start": "00:46:54", "end": "00:46:58", "text": "provisions are being requested by the"}, {"start": "00:46:56", "end": "00:47:01", "text": "Democrats for them to show their support"}, {"start": "00:46:58", "end": "00:47:04", "text": "for it. This revision of it simply"}, {"start": "00:47:01", "end": "00:47:06", "text": "focused on the non-deentralized D5"}, {"start": "00:47:04", "end": "00:47:08", "text": "protocols register with the CFTC"}, {"start": "00:47:06", "end": "00:47:10", "text": "mirroring the section 10301 of the"}, {"start": "00:47:08", "end": "00:47:13", "text": "banking committee portion of the bill"}, {"start": "00:47:10", "end": "00:47:16", "text": "and then limiting D5 provisions to spot"}, {"start": "00:47:13", "end": "00:47:17", "text": "or cash digital commodity transactions"}, {"start": "00:47:16", "end": "00:47:19", "text": "which appears to be aimed at addressing"}, {"start": "00:47:17", "end": "00:47:22", "text": "concerns raised by the tribes about"}, {"start": "00:47:19", "end": "00:47:24", "text": "blockchainbased prediction markets. I"}, {"start": "00:47:22", "end": "00:47:27", "text": "think it is good that this is not moving"}, {"start": "00:47:24", "end": "00:47:29", "text": "forward and gutting DeFi. Personally,"}, {"start": "00:47:27", "end": "00:47:33", "text": "that is how I feel now. It may move"}, {"start": "00:47:29", "end": "00:47:35", "text": "forward and you know we we I am of the"}, {"start": "00:47:33", "end": "00:47:37", "text": "opinion right now that it's not moving"}, {"start": "00:47:35", "end": "00:47:41", "text": "forward. If I'm turned it proved to be"}, {"start": "00:47:37", "end": "00:47:43", "text": "incorrect, fine. But as this bill sits"}, {"start": "00:47:41", "end": "00:47:45", "text": "right now, it is bad for the DeFi"}, {"start": "00:47:43", "end": "00:47:47", "text": "industry. So I will happily see this"}, {"start": "00:47:45", "end": "00:47:50", "text": "thing be put on the back burner here."}, {"start": "00:47:47", "end": "00:47:52", "text": "Let's hop into some charts real quick. I"}, {"start": "00:47:50", "end": "00:47:54", "text": "want to check out Hyperlquid"}, {"start": "00:47:52", "end": "00:47:56", "text": "and I want to check out Salana. Um, I"}, {"start": "00:47:54", "end": "00:48:00", "text": "definitely hold both of these tokens."}, {"start": "00:47:56", "end": "00:48:02", "text": "Hype was uh on my list uh very very"}, {"start": "00:48:00", "end": "00:48:05", "text": "early on to accumulate in this bare"}, {"start": "00:48:02", "end": "00:48:07", "text": "market just from the revenue streams and"}, {"start": "00:48:05", "end": "00:48:10", "text": "the general structure of the chart. So,"}, {"start": "00:48:07", "end": "00:48:12", "text": "I'll get rid of the Ballinger bands. And"}, {"start": "00:48:10", "end": "00:48:14", "text": "right now, we're right around $82 a"}, {"start": "00:48:12", "end": "00:48:16", "text": "token."}, {"start": "00:48:14", "end": "00:48:18", "text": "I am watching for it to retest this"}, {"start": "00:48:16", "end": "00:48:22", "text": "upper trend line. So, I'm not going to"}, {"start": "00:48:18", "end": "00:48:24", "text": "be surprised by a vibe check down to"}, {"start": "00:48:22", "end": "00:48:26", "text": "these previous all-time highs at around"}, {"start": "00:48:24", "end": "00:48:28", "text": "the $70 mark. Like, that's not too far"}, {"start": "00:48:26", "end": "00:48:30", "text": "away. More so, if it falls to this trend"}, {"start": "00:48:28", "end": "00:48:33", "text": "line over the next few weeks, we could"}, {"start": "00:48:30", "end": "00:48:35", "text": "see it drop to the mid60s. It's probably"}, {"start": "00:48:33", "end": "00:48:37", "text": "going to be pretty sticky up in this"}, {"start": "00:48:35", "end": "00:48:40", "text": "range for a little bit of time on Money"}, {"start": "00:48:37", "end": "00:48:42", "text": "Flow. Uh, money flow coming down"}, {"start": "00:48:40", "end": "00:48:46", "text": "slightly on the weekly time frame for uh"}, {"start": "00:48:42", "end": "00:48:47", "text": "hyperl within the daily time frame. We"}, {"start": "00:48:46", "end": "00:48:48", "text": "are still holding on to green money"}, {"start": "00:48:47", "end": "00:48:50", "text": "flow. Momentum wave coming down. But"}, {"start": "00:48:48", "end": "00:48:53", "text": "god, this thing's about to send again."}, {"start": "00:48:50", "end": "00:48:55", "text": "Jeez. This is what it's This is going to"}, {"start": "00:48:53", "end": "00:48:57", "text": "cause FOMO. This is going to send again."}, {"start": "00:48:55", "end": "00:48:59", "text": "Look at the VWOP."}, {"start": "00:48:57", "end": "00:49:00", "text": "The VWOP's going to come back up and the"}, {"start": "00:48:59", "end": "00:49:03", "text": "money flow wave on the daily is already"}, {"start": "00:49:00", "end": "00:49:05", "text": "angled up. This is going to be insane."}, {"start": "00:49:03", "end": "00:49:08", "text": "This is absolutely nuts seeing the"}, {"start": "00:49:05", "end": "00:49:11", "text": "hyperlquid cuz I expected a a pullback"}, {"start": "00:49:08", "end": "00:49:13", "text": "to happen a little bit stronger than"}, {"start": "00:49:11", "end": "00:49:15", "text": "that. This thing is just holding on. Top"}, {"start": "00:49:13", "end": "00:49:17", "text": "predictions for air hyperlid. I mean"}, {"start": "00:49:15", "end": "00:49:20", "text": "this feels like a hundred billion dollar"}, {"start": "00:49:17", "end": "00:49:22", "text": "protocol. It feels like I'm looking at a"}, {"start": "00:49:20", "end": "00:49:24", "text": "hundred billion dollar protocol right"}, {"start": "00:49:22", "end": "00:49:26", "text": "now. Let's go to hyper."}, {"start": "00:49:24", "end": "00:49:28", "text": ">> That's about a 5x from here. Basically"}, {"start": "00:49:26", "end": "00:49:32", "text": ">> I want to see that metric here. So we're"}, {"start": "00:49:28", "end": "00:49:34", "text": "at 20 bill. Yeah. So about a 5x about a"}, {"start": "00:49:32", "end": "00:49:38", "text": "5x you know somewhere around4 to $500"}, {"start": "00:49:34", "end": "00:49:40", "text": "hyperlquid is a reality. I think uh you"}, {"start": "00:49:38", "end": "00:49:42", "text": "know that's actually kind of I feel like"}, {"start": "00:49:40", "end": "00:49:43", "text": "I'm being reasonable on that outlook."}, {"start": "00:49:42", "end": "00:49:46", "text": ">> Pretty reasonable. Yeah."}, {"start": "00:49:43", "end": "00:49:48", "text": ">> Um, you know, $4 to $500 hyperlid very"}, {"start": "00:49:46", "end": "00:49:50", "text": "accomplishable. Salana, let's hop on"}, {"start": "00:49:48", "end": "00:49:51", "text": "over to Salana. I'm going to just look"}, {"start": "00:49:50", "end": "00:49:53", "text": "internally on Salon."}, {"start": "00:49:51", "end": "00:49:54", "text": ">> Say 500 for both of them. 500 Salana"}, {"start": "00:49:53", "end": "00:49:56", "text": "seems conservative to me, too."}, {"start": "00:49:54", "end": "00:49:58", "text": ">> Oh, that's a chart chart it first. Let's"}, {"start": "00:49:56", "end": "00:50:00", "text": "actually, you know, put some some"}, {"start": "00:49:58", "end": "00:50:03", "text": "thought into it. Yeah, I've I've seen"}, {"start": "00:50:00", "end": "00:50:04", "text": "Salana um it's outperforming even"}, {"start": "00:50:03", "end": "00:50:07", "text": "Ethereum. Look at the midpoint uh kind"}, {"start": "00:50:04", "end": "00:50:11", "text": "of crash moment that it had was sitting"}, {"start": "00:50:07", "end": "00:50:14", "text": "here at $97 and it is basically treating"}, {"start": "00:50:11", "end": "00:50:16", "text": "97 bucks as a support zone. So, this is"}, {"start": "00:50:14", "end": "00:50:18", "text": "very very bullish on its bounce out of"}, {"start": "00:50:16", "end": "00:50:20", "text": "these ranges it was stuck in. First, I"}, {"start": "00:50:18", "end": "00:50:22", "text": "got to look at the weekly time frame."}, {"start": "00:50:20", "end": "00:50:24", "text": ">> And just real quick, this is another"}, {"start": "00:50:22", "end": "00:50:25", "text": "example and I I think I said I'm pretty"}, {"start": "00:50:24", "end": "00:50:27", "text": "sure I said it on here a few times. This"}, {"start": "00:50:25", "end": "00:50:29", "text": "is the way I viewed it is under $100 on"}, {"start": "00:50:27", "end": "00:50:31", "text": "Salana is a deal. just, you know, and"}, {"start": "00:50:29", "end": "00:50:34", "text": "obviously it went lower. I think it hit"}, {"start": "00:50:31", "end": "00:50:37", "text": "what 80 and change. Um"}, {"start": "00:50:34", "end": "00:50:39", "text": ">> I think the lowest was about 60. I see."}, {"start": "00:50:37", "end": "00:50:40", "text": "Yeah, that's a lot lower. But"}, {"start": "00:50:39", "end": "00:50:42", "text": ">> but again, you don't have to nail the"}, {"start": "00:50:40", "end": "00:50:46", "text": "exact bottom. And so getting a 80, you"}, {"start": "00:50:42", "end": "00:50:48", "text": "know, a $80 Salana, $90 Salana, even if"}, {"start": "00:50:46", "end": "00:50:52", "text": "it goes to 60 is fine. You know, buying"}, {"start": "00:50:48", "end": "00:50:55", "text": "a $65,000 Bitcoin instead of a 58,000 or"}, {"start": "00:50:52", "end": "00:50:57", "text": "even 70,000, 75,000. like you just need"}, {"start": "00:50:55", "end": "00:51:00", "text": "to know when you're near the bottom and"}, {"start": "00:50:57", "end": "00:51:02", "text": "start accumulating and you know it works"}, {"start": "00:51:00", "end": "00:51:04", "text": "extremely well. So like even now even"}, {"start": "00:51:02", "end": "00:51:06", "text": "now you could buy Salanos right here at"}, {"start": "00:51:04", "end": "00:51:08", "text": "100 bucks and I think you'll uh you'll"}, {"start": "00:51:06", "end": "00:51:09", "text": "be in good shape. So um"}, {"start": "00:51:08", "end": "00:51:12", "text": ">> I am seeing some interesting stuff"}, {"start": "00:51:09", "end": "00:51:14", "text": "locally on Salana. So we have lower"}, {"start": "00:51:12", "end": "00:51:16", "text": "highs on the momentum waves on the"}, {"start": "00:51:14", "end": "00:51:20", "text": "weekly time frame. We got the VWOP"}, {"start": "00:51:16", "end": "00:51:23", "text": "sharply moving to the downside now"}, {"start": "00:51:20", "end": "00:51:24", "text": "and money flow has not clipped back into"}, {"start": "00:51:23", "end": "00:51:28", "text": "the green. It actually is putting a"}, {"start": "00:51:24", "end": "00:51:32", "text": "hesitation point on Money Flow here. Um"}, {"start": "00:51:28", "end": "00:51:33", "text": "I think it's a a shallow draw down. Uh"}, {"start": "00:51:32", "end": "00:51:36", "text": "outside of like if Ethereum goes to"}, {"start": "00:51:33", "end": "00:51:37", "text": "3,000 bucks, like this this whole design"}, {"start": "00:51:36", "end": "00:51:40", "text": "will change and it'll clip into the"}, {"start": "00:51:37", "end": "00:51:42", "text": "green immediately. If we stay sticky"}, {"start": "00:51:40", "end": "00:51:46", "text": "around 2500 bucks like we've been for a"}, {"start": "00:51:42", "end": "00:51:48", "text": "little bit of time on ETH and alts, um,"}, {"start": "00:51:46", "end": "00:51:50", "text": "you know, a retest of this green box"}, {"start": "00:51:48", "end": "00:51:54", "text": "actually makes sense or slightly above"}, {"start": "00:51:50", "end": "00:51:56", "text": "it around the high 90s, maybe mid 90s."}, {"start": "00:51:54", "end": "00:51:59", "text": "Um, I could see a vibe check right there"}, {"start": "00:51:56", "end": "00:52:00", "text": "just to let this VWAP on the weekly play"}, {"start": "00:51:59", "end": "00:52:02", "text": "out. Now, let's look at the daily to get"}, {"start": "00:52:00", "end": "00:52:04", "text": "some"}, {"start": "00:52:02", "end": "00:52:08", "text": "I mean, it's sending the same thing. TJ,"}, {"start": "00:52:04", "end": "00:52:10", "text": "this is this is chaos. Okay, so weekly"}, {"start": "00:52:08", "end": "00:52:14", "text": "looks iffy. The daily is strongly saying"}, {"start": "00:52:10", "end": "00:52:16", "text": "I want more. This is"}, {"start": "00:52:14", "end": "00:52:18", "text": "I got to leave this buy box on here."}, {"start": "00:52:16", "end": "00:52:20", "text": "Like if I hit that under $100 mark on"}, {"start": "00:52:18", "end": "00:52:23", "text": "it, I'll add more because I did a lot of"}, {"start": "00:52:20", "end": "00:52:25", "text": "the ads in the 80 the mid 80s on this"}, {"start": "00:52:23", "end": "00:52:27", "text": "project. I think it was actually"}, {"start": "00:52:25", "end": "00:52:28", "text": ">> um lower than that. So"}, {"start": "00:52:27", "end": "00:52:30", "text": ">> yeah, when it was sitting there and I"}, {"start": "00:52:28", "end": "00:52:31", "text": "that's when I was talking about it as I"}, {"start": "00:52:30", "end": "00:52:33", "text": "was saying Ethereum and Salana"}, {"start": "00:52:31", "end": "00:52:35", "text": "riskreward right now some of the one of"}, {"start": "00:52:33", "end": "00:52:38", "text": "the easiest plays out there. you know,"}, {"start": "00:52:35", "end": "00:52:39", "text": "you don't even have to get too crazy."}, {"start": "00:52:38", "end": "00:52:41", "text": ">> Buy the majors. You know, if you just"}, {"start": "00:52:39", "end": "00:52:44", "text": "look look at stable coins, like there's"}, {"start": "00:52:41", "end": "00:52:46", "text": "no denying things are coming on chain."}, {"start": "00:52:44", "end": "00:52:48", "text": "They're going to use stable coins to"}, {"start": "00:52:46", "end": "00:52:50", "text": "facilitate a lot of this stuff and all"}, {"start": "00:52:48", "end": "00:52:52", "text": "of the stable coin market exists largely"}, {"start": "00:52:50", "end": "00:52:54", "text": "on Ethereum, but then the only"}, {"start": "00:52:52", "end": "00:52:56", "text": "competitor and I you don't even really I"}, {"start": "00:52:54", "end": "00:52:57", "text": "mean it's hardly a competitor but when"}, {"start": "00:52:56", "end": "00:53:00", "text": "it comes to stable coins I think it's"}, {"start": "00:52:57", "end": "00:53:02", "text": "like 70ish% of all stable coins on"}, {"start": "00:53:00", "end": "00:53:04", "text": "Ethereum and 10 to 15ish on Salana and"}, {"start": "00:53:02", "end": "00:53:07", "text": "then everybody else fighting over the"}, {"start": "00:53:04", "end": "00:53:09", "text": "last little bit. Um so it's like hey if"}, {"start": "00:53:07", "end": "00:53:11", "text": "you think you think things are coming on"}, {"start": "00:53:09", "end": "00:53:13", "text": "chain you know that's it's all happening"}, {"start": "00:53:11", "end": "00:53:16", "text": "effectively on Ethereum for the most"}, {"start": "00:53:13", "end": "00:53:18", "text": "part and then Salana is getting somewhat"}, {"start": "00:53:16", "end": "00:53:21", "text": "of a contend you know is kind of the"}, {"start": "00:53:18", "end": "00:53:23", "text": "second place runner u just buy those buy"}, {"start": "00:53:21", "end": "00:53:26", "text": "Bitcoin Ethereum and Salana like if you"}, {"start": "00:53:23", "end": "00:53:26", "text": "if you're just going to do one thing and"}, {"start": "00:53:26", "end": "00:53:28", "text": "you're not going to spend any time"}, {"start": "00:53:26", "end": "00:53:29", "text": "researching you don't want to know about"}, {"start": "00:53:28", "end": "00:53:31", "text": "DeFi you don't want to you know you're"}, {"start": "00:53:29", "end": "00:53:33", "text": "not going deep into this stuff you know"}, {"start": "00:53:31", "end": "00:53:34", "text": "you're hey I'm a boomer I want to put I"}, {"start": "00:53:33", "end": "00:53:36", "text": "got half a million dollars a million you"}, {"start": "00:53:34", "end": "00:53:38", "text": "got you got some money you want to throw"}, {"start": "00:53:36", "end": "00:53:41", "text": "into it, just buy Bitcoin, Ethereum, and"}, {"start": "00:53:38", "end": "00:53:43", "text": "Salana, walk away for 10 years, and then"}, {"start": "00:53:41", "end": "00:53:45", "text": "retire, you know?"}, {"start": "00:53:43", "end": "00:53:47", "text": ">> It it really is that easy."}, {"start": "00:53:45", "end": "00:53:51", "text": ">> I mean, I kind of feel like Salana, it's"}, {"start": "00:53:47", "end": "00:53:54", "text": "at right now, the market cap on Salana"}, {"start": "00:53:51", "end": "00:53:58", "text": "uh is $60 billion and the market cap of"}, {"start": "00:53:54", "end": "00:54:02", "text": "Ethereum is at $318 billion."}, {"start": "00:53:58", "end": "00:54:05", "text": "You know, assuming that these consistent"}, {"start": "00:54:02", "end": "00:54:08", "text": "patterns continue to play out, I think"}, {"start": "00:54:05", "end": "00:54:13", "text": "that Salana reasonably, I could see this"}, {"start": "00:54:08", "end": "00:54:15", "text": "rising to the 300 between 200 to$300"}, {"start": "00:54:13", "end": "00:54:16", "text": "billion market cap. I think Salana will"}, {"start": "00:54:15", "end": "00:54:18", "text": "have the size of Ethereum's market cap"}, {"start": "00:54:16", "end": "00:54:20", "text": "that it has now eventually over the"}, {"start": "00:54:18", "end": "00:54:21", "text": "course of the next few years here. And"}, {"start": "00:54:20", "end": "00:54:22", "text": "that"}, {"start": "00:54:21", "end": "00:54:24", "text": ">> real quick, roll call for the link"}, {"start": "00:54:22", "end": "00:54:26", "text": "marines. Anybody who holds link, drop"}, {"start": "00:54:24", "end": "00:54:27", "text": "that in the chat. Say link. Uh, I just"}, {"start": "00:54:26", "end": "00:54:29", "text": "want to see how many link marines we"}, {"start": "00:54:27", "end": "00:54:31", "text": "have here. And then this I think this is"}, {"start": "00:54:29", "end": "00:54:32", "text": "kind of where you're going, but I agree"}, {"start": "00:54:31", "end": "00:54:35", "text": "with this, Byron."}, {"start": "00:54:32", "end": "00:54:36", "text": ">> Long-term, you can't just use TA. The"}, {"start": "00:54:35", "end": "00:54:39", "text": "question is, how much more liquidity is"}, {"start": "00:54:36", "end": "00:54:41", "text": "going into crypto or coming on chain?"}, {"start": "00:54:39", "end": "00:54:43", "text": "Three, three trillion, five trillion, 10"}, {"start": "00:54:41", "end": "00:54:45", "text": "trillion. Then there's, you know how"}, {"start": "00:54:43", "end": "00:54:46", "text": "much of that filters to each token in"}, {"start": "00:54:45", "end": "00:54:48", "text": "the forecast? And I agree, you know,"}, {"start": "00:54:46", "end": "00:54:51", "text": "like if you look at the total"}, {"start": "00:54:48", "end": "00:54:53", "text": ">> total market right now, let's see, it"}, {"start": "00:54:51", "end": "00:54:55", "text": "always they moved it around."}, {"start": "00:54:53", "end": "00:54:57", "text": ">> Yeah, 2.7 trillion. I think the whole"}, {"start": "00:54:55", "end": "00:54:59", "text": "market is going over 10 trillion. AB,"}, {"start": "00:54:57", "end": "00:55:01", "text": "you know, and you know, realistically,"}, {"start": "00:54:59", "end": "00:55:04", "text": "Bitcoin could get there on its own given"}, {"start": "00:55:01", "end": "00:55:08", "text": "enough time. Um, if you look at the size"}, {"start": "00:55:04", "end": "00:55:10", "text": "of the market compared to, you know, you"}, {"start": "00:55:08", "end": "00:55:12", "text": "300 trillion I think in real estate and"}, {"start": "00:55:10", "end": "00:55:13", "text": "about that much or more in bonds. You've"}, {"start": "00:55:12", "end": "00:55:15", "text": "got all, you know, if you start getting"}, {"start": "00:55:13", "end": "00:55:16", "text": "into derivatives and the stock market"}, {"start": "00:55:15", "end": "00:55:19", "text": "and all that other stuff, there's a"}, {"start": "00:55:16", "end": "00:55:22", "text": "crypto is teenytiny in the grand scale"}, {"start": "00:55:19", "end": "00:55:25", "text": "of global financial, you know, liquidity"}, {"start": "00:55:22", "end": "00:55:26", "text": "or money. Um, so yeah, if if you're"}, {"start": "00:55:25", "end": "00:55:27", "text": "talk, it depends on the time frame"}, {"start": "00:55:26", "end": "00:55:29", "text": "you're talking about, but I think we"}, {"start": "00:55:27", "end": "00:55:33", "text": "could see 10 trillion dollar total total"}, {"start": "00:55:29", "end": "00:55:36", "text": "market cap uh by 2030 pretty reasonably."}, {"start": "00:55:33", "end": "00:55:38", "text": ">> Yeah, that's something we got to think"}, {"start": "00:55:36", "end": "00:55:40", "text": "about here because I mean first like"}, {"start": "00:55:38", "end": "00:55:41", "text": "I'll I'll finish this thought on Salana"}, {"start": "00:55:40", "end": "00:55:44", "text": "then I'll look at that market cap"}, {"start": "00:55:41", "end": "00:55:47", "text": "growth. But Salana"}, {"start": "00:55:44", "end": "00:55:50", "text": "I think does have many many different"}, {"start": "00:55:47", "end": "00:55:53", "text": "angles to it. AI agents. It's got the"}, {"start": "00:55:50", "end": "00:55:54", "text": "memecoin sector. It's got a lot of very"}, {"start": "00:55:53", "end": "00:55:57", "text": "interesting things going on for it."}, {"start": "00:55:54", "end": "00:56:00", "text": "Stable coins, all that. I think $300"}, {"start": "00:55:57", "end": "00:56:03", "text": "billion is a decent, you know, kind of"}, {"start": "00:56:00", "end": "00:56:04", "text": "target for this next bull market. I feel"}, {"start": "00:56:03", "end": "00:56:06", "text": "like this is generally still"}, {"start": "00:56:04", "end": "00:56:09", "text": "conservative and that would actually get"}, {"start": "00:56:06", "end": "00:56:11", "text": "you to 500 530 bucks. So, that's a"}, {"start": "00:56:09", "end": "00:56:14", "text": "pretty decent grab about a five maybe a"}, {"start": "00:56:11", "end": "00:56:16", "text": "five and a half um fold increase there."}, {"start": "00:56:14", "end": "00:56:19", "text": "So the total market cap is something"}, {"start": "00:56:16", "end": "00:56:21", "text": "that actually we haven't addressed in a"}, {"start": "00:56:19", "end": "00:56:23", "text": "little bit of time. So let's go to full"}, {"start": "00:56:21", "end": "00:56:26", "text": "market cap view here."}, {"start": "00:56:23", "end": "00:56:29", "text": "And we peaked out at around I was it"}, {"start": "00:56:26", "end": "00:56:33", "text": "like 4 trillion 4.2 trillion. So we"}, {"start": "00:56:29", "end": "00:56:36", "text": "peaked out at 4.2 4.2 trillion there."}, {"start": "00:56:33", "end": "00:56:39", "text": "And the I think that the market before"}, {"start": "00:56:36", "end": "00:56:43", "text": "this I wish I had all the data. Um, let"}, {"start": "00:56:39", "end": "00:56:44", "text": "me go to total market cap on Trading"}, {"start": "00:56:43", "end": "00:56:47", "text": "View because this is something to think"}, {"start": "00:56:44", "end": "00:56:48", "text": "about. A $10 trillion market cap doesn't"}, {"start": "00:56:47", "end": "00:56:51", "text": "seem like too crazy of a thing to ask"}, {"start": "00:56:48", "end": "00:56:52", "text": "for when everything's being tokenized."}, {"start": "00:56:51", "end": "00:56:54", "text": ">> So, I might be"}, {"start": "00:56:52", "end": "00:56:57", "text": ">> it's cons I feel like it's conservative."}, {"start": "00:56:54", "end": "00:56:59", "text": ">> Like quite conservative to be honest."}, {"start": "00:56:57", "end": "00:57:00", "text": ">> Like I said, I think Bitcoin alone could"}, {"start": "00:56:59", "end": "00:57:02", "text": "get to 10 trillion."}, {"start": "00:57:00", "end": "00:57:04", "text": ">> Yeah. Here we go. I found this chart and"}, {"start": "00:57:02", "end": "00:57:06", "text": "I've done some I've looked at this a"}, {"start": "00:57:04", "end": "00:57:08", "text": "little bit. Maybe not by 2030, but you"}, {"start": "00:57:06", "end": "00:57:11", "text": "know, like Bitcoin, a 10 trillion market"}, {"start": "00:57:08", "end": "00:57:12", "text": "cap for Bitcoin, you know, I could see"}, {"start": "00:57:11", "end": "00:57:15", "text": "it."}, {"start": "00:57:12", "end": "00:57:16", "text": ">> I I could see that like 2035, 2034, give"}, {"start": "00:57:15", "end": "00:57:18", "text": "us two more bull cycles. I could"}, {"start": "00:57:16", "end": "00:57:20", "text": "absolutely see us getting to 10 trill."}, {"start": "00:57:18", "end": "00:57:22", "text": "And sure, we could hit it this bull"}, {"start": "00:57:20", "end": "00:57:25", "text": "cycle, but really just measuring out"}, {"start": "00:57:22", "end": "00:57:27", "text": "this megaphone. I did this a while back."}, {"start": "00:57:25", "end": "00:57:29", "text": "you know, assuming that the general"}, {"start": "00:57:27", "end": "00:57:31", "text": "cycle pattern continues, but a little"}, {"start": "00:57:29", "end": "00:57:33", "text": "bit quickened, taking into account where"}, {"start": "00:57:31", "end": "00:57:35", "text": "we're at right now and everything, I"}, {"start": "00:57:33", "end": "00:57:38", "text": "think we top out somewhere in the middle"}, {"start": "00:57:35", "end": "00:57:40", "text": "of 2029 to end of 2029."}, {"start": "00:57:38", "end": "00:57:41", "text": "And"}, {"start": "00:57:40", "end": "00:57:44", "text": "by then, I mean, if we hit the top end"}, {"start": "00:57:41", "end": "00:57:47", "text": "of this megaphone pattern, that's a $6"}, {"start": "00:57:44", "end": "00:57:49", "text": "trillion market cap. We're at 2.6 right"}, {"start": "00:57:47", "end": "00:57:51", "text": "now. You know, I think that this is"}, {"start": "00:57:49", "end": "00:57:52", "text": "actually a pretty conservative outlook"}, {"start": "00:57:51", "end": "00:57:54", "text": "looking for, and this is not"}, {"start": "00:57:52", "end": "00:57:57", "text": "logarithmic,"}, {"start": "00:57:54", "end": "00:58:00", "text": "about 124% increase from where we're at"}, {"start": "00:57:57", "end": "00:58:02", "text": "right now. I don't think that that's"}, {"start": "00:58:00", "end": "00:58:04", "text": "very uh outside of the pocket at all. I"}, {"start": "00:58:02", "end": "00:58:06", "text": "don't think this is at all."}, {"start": "00:58:04", "end": "00:58:08", "text": ">> Green Day was saying it was 4.2 in 2025."}, {"start": "00:58:06", "end": "00:58:10", "text": "So, I mean,"}, {"start": "00:58:08", "end": "00:58:13", "text": ">> yeah, 10 trillion for Bitcoin is a"}, {"start": "00:58:10", "end": "00:58:15", "text": "$500,000 Bitcoin. So I mean you look at"}, {"start": "00:58:13", "end": "00:58:17", "text": "what gold people you know I the run that"}, {"start": "00:58:15", "end": "00:58:20", "text": "gold just had if you measured in market"}, {"start": "00:58:17", "end": "00:58:21", "text": "cap I think gold alone added 10 or 20"}, {"start": "00:58:20", "end": "00:58:22", "text": "you know it was 10 trillion not that"}, {"start": "00:58:21", "end": "00:58:24", "text": "long cuz that used to be the number I"}, {"start": "00:58:22", "end": "00:58:25", "text": "held in my head like oh gold's a 10"}, {"start": "00:58:24", "end": "00:58:27", "text": "trillion market now I look at I'm like"}, {"start": "00:58:25", "end": "00:58:29", "text": "oh man it's over well over 30 I don't"}, {"start": "00:58:27", "end": "00:58:31", "text": "know what it is today but at one point"}, {"start": "00:58:29", "end": "00:58:32", "text": "it was well over 30 trillion so"}, {"start": "00:58:31", "end": "00:58:34", "text": ">> well and I got a lot of thoughts on gold"}, {"start": "00:58:32", "end": "00:58:37", "text": "I mean if we can riff on this for a"}, {"start": "00:58:34", "end": "00:58:40", "text": "minute because I'm very much so a macro"}, {"start": "00:58:37", "end": "00:58:43", "text": "analyst and I have these time frames"}, {"start": "00:58:40", "end": "00:58:44", "text": "kind of burned into my head about gold's"}, {"start": "00:58:43", "end": "00:58:46", "text": "performance in the backdrop of"}, {"start": "00:58:44", "end": "00:58:49", "text": "stagflation."}, {"start": "00:58:46", "end": "00:58:51", "text": "And the moment that America experienced"}, {"start": "00:58:49", "end": "00:58:54", "text": "a stagflationary event and an oil"}, {"start": "00:58:51", "end": "00:58:57", "text": "crisis, guess what it involved? Iran at"}, {"start": "00:58:54", "end": "00:59:00", "text": "the same time, fun times, 1979 to 1980."}, {"start": "00:58:57", "end": "00:59:03", "text": "And what gold did was go absolutely"}, {"start": "00:59:00", "end": "00:59:05", "text": "ballistic. realizing that we were"}, {"start": "00:59:03", "end": "00:59:07", "text": "heading into stagflation and an energy"}, {"start": "00:59:05", "end": "00:59:09", "text": "crisis, inflationary pressures. Gold"}, {"start": "00:59:07", "end": "00:59:11", "text": "rose from the moment that those things"}, {"start": "00:59:09", "end": "00:59:14", "text": "were kind of found out they were going"}, {"start": "00:59:11", "end": "00:59:19", "text": "down from $214 up to its local peak of"}, {"start": "00:59:14", "end": "00:59:22", "text": "$829 with a 309 309% increase. It also"}, {"start": "00:59:19", "end": "00:59:24", "text": "included a midway bull flag which ended"}, {"start": "00:59:22", "end": "00:59:28", "text": "up continuing to the upside and after"}, {"start": "00:59:24", "end": "00:59:30", "text": "that massive profits were taken on gold"}, {"start": "00:59:28", "end": "00:59:33", "text": "and gold decided to go into a bare"}, {"start": "00:59:30", "end": "00:59:34", "text": "market a slumber for God I mean it let's"}, {"start": "00:59:33", "end": "00:59:38", "text": "just do the measurement here from this"}, {"start": "00:59:34", "end": "00:59:41", "text": "low where you realize you suck again it"}, {"start": "00:59:38", "end": "00:59:43", "text": "spent nearly 8,000 days in this bare"}, {"start": "00:59:41", "end": "00:59:45", "text": "market before moving back on up to the"}, {"start": "00:59:43", "end": "00:59:47", "text": "upside what we have right now just"}, {"start": "00:59:45", "end": "00:59:49", "text": "remember kind of imprint that chart that"}, {"start": "00:59:47", "end": "00:59:51", "text": "I just looked at into your brain train"}, {"start": "00:59:49", "end": "00:59:53", "text": "cuz this is what we have right now. And"}, {"start": "00:59:51", "end": "00:59:55", "text": "it's also preceded by another confluence"}, {"start": "00:59:53", "end": "00:59:58", "text": "signal, a cup and handle. You have the"}, {"start": "00:59:55", "end": "01:00:00", "text": "cup, you have the handle, bam, and then"}, {"start": "00:59:58", "end": "01:00:03", "text": "the breakout. Now, you have a midpoint"}, {"start": "01:00:00", "end": "01:00:05", "text": "uh bull flag within the gold pattern."}, {"start": "01:00:03", "end": "01:00:07", "text": "And this is stagflationary history"}, {"start": "01:00:05", "end": "01:00:10", "text": "overlaid with this. And you go to your"}, {"start": "01:00:07", "end": "01:00:11", "text": "blowoff peak. This could mean that over"}, {"start": "01:00:10", "end": "01:00:14", "text": "the course of the next few months, we're"}, {"start": "01:00:11", "end": "01:00:16", "text": "going to mess around in this four 4,000"}, {"start": "01:00:14", "end": "01:00:19", "text": "to $5,000 range on gold. It's not going"}, {"start": "01:00:16", "end": "01:00:21", "text": "to breach its all-time high of $5,600."}, {"start": "01:00:19", "end": "01:00:22", "text": "People decide, you know what? I'm going"}, {"start": "01:00:21", "end": "01:00:25", "text": "to take the gold profits. I'm going to"}, {"start": "01:00:22", "end": "01:00:27", "text": "roll it into other interesting"}, {"start": "01:00:25", "end": "01:00:29", "text": "investment opportunities. Bitcoin being"}, {"start": "01:00:27", "end": "01:00:32", "text": "included in that. And gold's market cap,"}, {"start": "01:00:29", "end": "01:00:32", "text": "I do believe, is over $30 trillion right"}, {"start": "01:00:32", "end": "01:00:34", "text": "now."}, {"start": "01:00:32", "end": "01:00:37", "text": ">> It is. So, and by the way, 8,000 days is"}, {"start": "01:00:34", "end": "01:00:39", "text": "a little over 20 years. Like 22ish"}, {"start": "01:00:37", "end": "01:00:41", "text": "years. Uh"}, {"start": "01:00:39", "end": "01:00:44", "text": ">> be like the lady from the Titanic. It's"}, {"start": "01:00:41", "end": "01:00:45", "text": "been 80 years. [laughter]"}, {"start": "01:00:44", "end": "01:00:48", "text": "Well, the other thing I was going to say"}, {"start": "01:00:45", "end": "01:00:49", "text": "about the gold Bitcoin trade these days,"}, {"start": "01:00:48", "end": "01:00:51", "text": "I mean, it's very widely getting"}, {"start": "01:00:49", "end": "01:00:54", "text": "referred to as the debasement trade. And"}, {"start": "01:00:51", "end": "01:00:57", "text": "there's big smart money that is again is"}, {"start": "01:00:54", "end": "01:00:59", "text": "looking gold is the hard money store"}, {"start": "01:00:57", "end": "01:01:01", "text": "value for the analog world. Bitcoin is"}, {"start": "01:00:59", "end": "01:01:03", "text": "the hard money store value for the"}, {"start": "01:01:01", "end": "01:01:05", "text": "digital world. And it's very easy to"}, {"start": "01:01:03", "end": "01:01:07", "text": "understand. It works that way. It's the"}, {"start": "01:01:05", "end": "01:01:09", "text": "best store of energy out there. You"}, {"start": "01:01:07", "end": "01:01:11", "text": "know, gold has been for thousands of"}, {"start": "01:01:09", "end": "01:01:13", "text": "years. it will remain, you know,"}, {"start": "01:01:11", "end": "01:01:14", "text": "probably the, you know, it's Bitcoin's"}, {"start": "01:01:13", "end": "01:01:17", "text": "grandpappy. You know, it ain't going"}, {"start": "01:01:14", "end": "01:01:19", "text": "anywhere. Um, and I don't have any,"}, {"start": "01:01:17", "end": "01:01:21", "text": "yeah, the debasement trade. It's, again,"}, {"start": "01:01:19", "end": "01:01:24", "text": "it's it's the trade that is designed to"}, {"start": "01:01:21", "end": "01:01:25", "text": "hedge you or protect you against"}, {"start": "01:01:24", "end": "01:01:26", "text": "currency debasement or massive"}, {"start": "01:01:25", "end": "01:01:28", "text": "inflation, which is what we're"}, {"start": "01:01:26", "end": "01:01:30", "text": "experiencing right now. So,"}, {"start": "01:01:28", "end": "01:01:33", "text": ">> um, big, you know, again, you've got the"}, {"start": "01:01:30", "end": "01:01:36", "text": "Drunken Millers and the Paul Tudtor"}, {"start": "01:01:33", "end": "01:01:38", "text": "Jones and a lot of the most successful"}, {"start": "01:01:36", "end": "01:01:40", "text": "and sophisticated hedge managers and"}, {"start": "01:01:38", "end": "01:01:44", "text": "fund managers, money managers of the"}, {"start": "01:01:40", "end": "01:01:45", "text": "world, uh, positioning themselves for"}, {"start": "01:01:44", "end": "01:01:47", "text": "exactly this, like, hey, we're going to"}, {"start": "01:01:45", "end": "01:01:50", "text": "see massive currency debasement. We're"}, {"start": "01:01:47", "end": "01:01:52", "text": "going to see US dollar inflation, and"}, {"start": "01:01:50", "end": "01:01:54", "text": "here's how you protect yourself from"}, {"start": "01:01:52", "end": "01:01:55", "text": "that. So,"}, {"start": "01:01:54", "end": "01:01:56", "text": ">> uh, yeah, it's going to be fun. It's"}, {"start": "01:01:55", "end": "01:01:58", "text": "going to be bullish."}, {"start": "01:01:56", "end": "01:02:00", "text": ">> Yeah. I mean, just to compare this, like"}, {"start": "01:01:58", "end": "01:02:02", "text": "we're talking about Bitcoin. Can it hit"}, {"start": "01:02:00", "end": "01:02:07", "text": "a $10 trillion market cap? If we see a"}, {"start": "01:02:02", "end": "01:02:09", "text": "23% draw down, pull out of gold by 23%"}, {"start": "01:02:07", "end": "01:02:11", "text": "from where it's at right now, just going"}, {"start": "01:02:09", "end": "01:02:14", "text": "and being conservative, going back to"}, {"start": "01:02:11", "end": "01:02:17", "text": "this $3,000 level per ounce. That would"}, {"start": "01:02:14", "end": "01:02:21", "text": "cause I mean, 23% [sighs and gasps]"}, {"start": "01:02:17", "end": "01:02:23", "text": "that's like that's at least $5 trillion."}, {"start": "01:02:21", "end": "01:02:26", "text": "That's at least $5 trillion. It's going"}, {"start": "01:02:23", "end": "01:02:28", "text": "to find a home somewhere. So, you know,"}, {"start": "01:02:26", "end": "01:02:31", "text": "Bitcoin going to 10 trillion this"}, {"start": "01:02:28", "end": "01:02:32", "text": "market. I'm not, you know, really I'm"}, {"start": "01:02:31", "end": "01:02:33", "text": "going to be trading around this. I'm"}, {"start": "01:02:32", "end": "01:02:36", "text": "going to be looking for the market to"}, {"start": "01:02:33", "end": "01:02:38", "text": "get around $6 trillion in this next bull"}, {"start": "01:02:36", "end": "01:02:41", "text": "market. More so looking for that 10"}, {"start": "01:02:38", "end": "01:02:43", "text": "trillion, maybe even beyond mark in 2034"}, {"start": "01:02:41", "end": "01:02:45", "text": "cuz I think it's accomplishable. We're"}, {"start": "01:02:43", "end": "01:02:49", "text": "definitely imprinting ourselves into the"}, {"start": "01:02:45", "end": "01:02:51", "text": "economy, into being here to stay as a"}, {"start": "01:02:49", "end": "01:02:53", "text": "respected asset. And it feels good. It"}, {"start": "01:02:51", "end": "01:02:54", "text": "feels good to be finding this respect,"}, {"start": "01:02:53", "end": "01:02:56", "text": "doesn't it? I mean, we were, you"}, {"start": "01:02:54", "end": "01:02:58", "text": "remember trading the last bare market"}, {"start": "01:02:56", "end": "01:03:01", "text": "that we were in. It was like, is it all"}, {"start": "01:02:58", "end": "01:03:04", "text": "over? Are we truly about to die? Like,"}, {"start": "01:03:01", "end": "01:03:05", "text": "was that everything? And it basically"}, {"start": "01:03:04", "end": "01:03:07", "text": "just tapped previous all-time highs and"}, {"start": "01:03:05", "end": "01:03:09", "text": "went off to the races from there, man."}, {"start": "01:03:07", "end": "01:03:12", "text": "This is this is a really good example of"}, {"start": "01:03:09", "end": "01:03:14", "text": "it. This is a bump and run pattern to a"}, {"start": "01:03:12", "end": "01:03:15", "text": "T right here. Um, good times. Good"}, {"start": "01:03:14", "end": "01:03:16", "text": "times."}, {"start": "01:03:15", "end": "01:03:19", "text": ">> Yeah, it's good to be bullish. It's good"}, {"start": "01:03:16", "end": "01:03:21", "text": "to see these pumps again. I I I might"}, {"start": "01:03:19", "end": "01:03:22", "text": "sound like a broken record and maybe you"}, {"start": "01:03:21", "end": "01:03:24", "text": "know like you said you guys are calling"}, {"start": "01:03:22", "end": "01:03:27", "text": "me you know your dad to keeping it stock"}, {"start": "01:03:24", "end": "01:03:30", "text": "but very very bullish very very"}, {"start": "01:03:27", "end": "01:03:33", "text": "exciting. Don't get FOMO. You have time."}, {"start": "01:03:30", "end": "01:03:36", "text": "We will probably you will probably get"}, {"start": "01:03:33", "end": "01:03:37", "text": "some type of correction at some point uh"}, {"start": "01:03:36", "end": "01:03:40", "text": "to allocate. So don't think these things"}, {"start": "01:03:37", "end": "01:03:42", "text": "are going to run away forever. Uh you"}, {"start": "01:03:40", "end": "01:03:44", "text": "should be building uh positions in the"}, {"start": "01:03:42", "end": "01:03:46", "text": "things you have conviction in. And you"}, {"start": "01:03:44", "end": "01:03:48", "text": "should have a plan, have a thesis, stick"}, {"start": "01:03:46", "end": "01:03:50", "text": "to it, follow through on it. Again, we"}, {"start": "01:03:48", "end": "01:03:53", "text": "help you with all that stuff in school."}, {"start": "01:03:50", "end": "01:03:55", "text": "We help you write a plan. Um, so don't"}, {"start": "01:03:53", "end": "01:03:56", "text": "freak out. Today's a fun day. You know,"}, {"start": "01:03:55", "end": "01:03:59", "text": "tomorrow, next week, you know, things"}, {"start": "01:03:56", "end": "01:04:02", "text": "change fast in crypto, but uh you've got"}, {"start": "01:03:59", "end": "01:04:04", "text": "time. You know, the the the real key is"}, {"start": "01:04:02", "end": "01:04:06", "text": "when the Fed balance sheet is growing"}, {"start": "01:04:04", "end": "01:04:07", "text": "and the Treasury is deploying and we"}, {"start": "01:04:06", "end": "01:04:09", "text": "know that they're printing money and,"}, {"start": "01:04:07", "end": "01:04:11", "text": "you know, they're in a full easing mode,"}, {"start": "01:04:09", "end": "01:04:13", "text": "which is going to happen. We are going"}, {"start": "01:04:11", "end": "01:04:16", "text": "to have a very good Bitcoin run. We are"}, {"start": "01:04:13", "end": "01:04:17", "text": "going to alts are going to have a much"}, {"start": "01:04:16", "end": "01:04:19", "text": "better cycle this time than they did in"}, {"start": "01:04:17", "end": "01:04:22", "text": "2425."}, {"start": "01:04:19", "end": "01:04:25", "text": "Um so just be prepared, get yourself"}, {"start": "01:04:22", "end": "01:04:27", "text": "ready, but also don't freak out. Stay"}, {"start": "01:04:25", "end": "01:04:28", "text": "staying calm is one of the most"}, {"start": "01:04:27", "end": "01:04:31", "text": "important things when you're investing"}, {"start": "01:04:28", "end": "01:04:33", "text": "and jumping from one thing to another or"}, {"start": "01:04:31", "end": "01:04:37", "text": "changing your plans based on your mood"}, {"start": "01:04:33", "end": "01:04:39", "text": "of the day um can get you in trouble. So"}, {"start": "01:04:37", "end": "01:04:40", "text": ">> absolutely good good advice."}, {"start": "01:04:39", "end": "01:04:42", "text": ">> That's what we've got. We've got a"}, {"start": "01:04:40", "end": "01:04:44", "text": "couple school posts going out this week."}, {"start": "01:04:42", "end": "01:04:46", "text": "I'm going to give some thoughts on uh"}, {"start": "01:04:44", "end": "01:04:48", "text": "near and and you know kind of where I"}, {"start": "01:04:46", "end": "01:04:51", "text": "see that going in the future. Uh have a"}, {"start": "01:04:48", "end": "01:04:54", "text": "great weekend. Touch some grass and uh"}, {"start": "01:04:51", "end": "01:04:54", "text": "keep stacking."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Hunter Biden just killed the Clarity Act"}, {"start": "00:00:02", "end": "00:00:08", "text": "for good. Literally released a meme coin"}, {"start": "00:00:04", "end": "00:00:09", "text": "and rugged everybody 7 days before this"}, {"start": "00:00:08", "end": "00:00:11", "text": "final vote of the year comes down the"}, {"start": "00:00:09", "end": "00:00:13", "text": "pipe for the Clarity Act. Now,"}, {"start": "00:00:11", "end": "00:00:14", "text": "Republicans are trying to reach across"}, {"start": "00:00:13", "end": "00:00:16", "text": "the board and make some provisions."}, {"start": "00:00:14", "end": "00:00:18", "text": "There's lots of good suggestions on DeFi"}, {"start": "00:00:16", "end": "00:00:20", "text": "rules, Native American groups and their"}, {"start": "00:00:18", "end": "00:00:22", "text": "concerns about protection, but there was"}, {"start": "00:00:20", "end": "00:00:24", "text": "nothing in this Clarity Act provision"}, {"start": "00:00:22", "end": "00:00:26", "text": "from the Republicans talking about the"}, {"start": "00:00:24", "end": "00:00:28", "text": "ethics provisions, the things the"}, {"start": "00:00:26", "end": "00:00:30", "text": "Democrats wanted to put in place because"}, {"start": "00:00:28", "end": "00:00:32", "text": "of their response to the Trump meme"}, {"start": "00:00:30", "end": "00:00:34", "text": "coin. Well, Hunter Biden just one-upped."}, {"start": "00:00:32", "end": "00:00:36", "text": "He released a meme coin a few days ago."}, {"start": "00:00:34", "end": "00:00:38", "text": "This thing has dropped by 99.9%"}, {"start": "00:00:36", "end": "00:00:40", "text": "absolutely death and destruction for"}, {"start": "00:00:38", "end": "00:00:42", "text": "everyone that bought this token and"}, {"start": "00:00:40", "end": "00:00:46", "text": "Hunter guaranteed has found a new way to"}, {"start": "00:00:42", "end": "00:00:46", "text": "pay off all those fines he was facing."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Would you vote the GOP into power in the"}, {"start": "00:00:02", "end": "00:00:06", "text": "US midterm elections for $5,000 where"}, {"start": "00:00:05", "end": "00:00:08", "text": "Trump says he's going to give every"}, {"start": "00:00:06", "end": "00:00:11", "text": "adult citizen [music]"}, {"start": "00:00:08", "end": "00:00:14", "text": "$5,000 cold hard cash if the GOP wins"}, {"start": "00:00:11", "end": "00:00:19", "text": "midterms? $5,000 [music]"}, {"start": "00:00:14", "end": "00:00:22", "text": "to every adult. The only caveat I have"}, {"start": "00:00:19", "end": "00:00:24", "text": "is that the dividend that we're making"}, {"start": "00:00:22", "end": "00:00:26", "text": "must be spent in the United States of"}, {"start": "00:00:24", "end": "00:00:29", "text": "America. We don't want you."}, {"start": "00:00:26", "end": "00:00:31", "text": ">> Now, at 245 million eligible people in"}, {"start": "00:00:29", "end": "00:00:34", "text": "the United States, this has come out to"}, {"start": "00:00:31", "end": "00:00:36", "text": "a $1.2 trillion payout to [music] make"}, {"start": "00:00:34", "end": "00:00:38", "text": "sure that the GOP stays in power. This"}, {"start": "00:00:36", "end": "00:00:40", "text": "would be the biggest economic stimulus"}, {"start": "00:00:38", "end": "00:00:42", "text": "since the pandemic, but who remembers"}, {"start": "00:00:40", "end": "00:00:44", "text": "that nothing went wrong. Something about"}, {"start": "00:00:42", "end": "00:00:46", "text": "this feels illegal. Who cares? says,"}, {"start": "00:00:44", "end": "00:00:49", "text": "\"Would you vote for the GOP to get that"}, {"start": "00:00:46", "end": "00:00:49", "text": "5,000 bucks?"}]

[{"start": "00:00:00", "end": "00:00:07", "text": "people that use"}, {"start": "00:00:03", "end": "00:00:09", "text": "fiat fiat currency"}, {"start": "00:00:07", "end": "00:00:12", "text": "as a store of [music]"}, {"start": "00:00:09", "end": "00:00:16", "text": "value. [singing] We call them weour."}, {"start": "00:00:12", "end": "00:00:16", "text": "We call them we"}, {"start": "00:00:16", "end": "00:00:21", "text": "hot inflation data has dumped Bitcoin"}, {"start": "00:00:19", "end": "00:00:23", "text": "and the rest of the market feeling the"}, {"start": "00:00:21", "end": "00:00:26", "text": "pressure right now as we're approaching"}, {"start": "00:00:23", "end": "00:00:29", "text": "that nasty Federal Reserve FOMC meeting"}, {"start": "00:00:26", "end": "00:00:31", "text": "and the Clarity Act right around the"}, {"start": "00:00:29", "end": "00:00:33", "text": "corner. But did Hunter Biden just put"}, {"start": "00:00:31", "end": "00:00:35", "text": "the nail in the coffin when it comes to"}, {"start": "00:00:33", "end": "00:00:37", "text": "getting clarity in the United States for"}, {"start": "00:00:35", "end": "00:00:39", "text": "cryptocurrency? We're going to discuss"}, {"start": "00:00:37", "end": "00:00:42", "text": "all this some more on today's episode."}, {"start": "00:00:39", "end": "00:00:44", "text": "Bitcoin looking feisty after this data"}, {"start": "00:00:42", "end": "00:00:46", "text": "release this morning. Good morning"}, {"start": "00:00:44", "end": "00:00:47", "text": "everybody. Let me know in the chat if"}, {"start": "00:00:46", "end": "00:00:49", "text": "the sound is working, if it's scratchy."}, {"start": "00:00:47", "end": "00:00:50", "text": "I've been fighting the ghost of the"}, {"start": "00:00:49", "end": "00:00:52", "text": "machine all week. Let me know in the"}, {"start": "00:00:50", "end": "00:00:54", "text": "chat if the sound is coming over well."}, {"start": "00:00:52", "end": "00:00:56", "text": "But here is the data. Here's what's"}, {"start": "00:00:54", "end": "00:00:59", "text": "causing all of the morning chaos. So we"}, {"start": "00:00:56", "end": "00:01:03", "text": "have August PPI producer price index"}, {"start": "00:00:59", "end": "00:01:05", "text": "inflation on that rose to 5.4%"}, {"start": "00:01:03", "end": "00:01:08", "text": "above the expectations only barely"}, {"start": "00:01:05", "end": "00:01:10", "text": "though 5.3% was the expectation we"}, {"start": "00:01:08", "end": "00:01:13", "text": "brought.1"}, {"start": "00:01:10", "end": "00:01:16", "text": "and now core PPI inflation rose to 4.6"}, {"start": "00:01:13", "end": "00:01:18", "text": "this is giving inflationary pressures"}, {"start": "00:01:16", "end": "00:01:20", "text": "this is giving the Federal Reserve more"}, {"start": "00:01:18", "end": "00:01:23", "text": "juice in the tank that they can use at"}, {"start": "00:01:20", "end": "00:01:25", "text": "this next Federal Reserve meeting to"}, {"start": "00:01:23", "end": "00:01:27", "text": "justify an interest rate hike. Crazy"}, {"start": "00:01:25", "end": "00:01:30", "text": "crazy concept. I'm not sold on an"}, {"start": "00:01:27", "end": "00:01:32", "text": "interest rate hike happening as of yet."}, {"start": "00:01:30", "end": "00:01:35", "text": "The data is leaning that way. So I'm"}, {"start": "00:01:32", "end": "00:01:37", "text": "kind of a man on the island here. Um"}, {"start": "00:01:35", "end": "00:01:39", "text": "let's see here. So we still sounds"}, {"start": "00:01:37", "end": "00:01:41", "text": "bueno. Still have a it's a mixed bag on"}, {"start": "00:01:39", "end": "00:01:43", "text": "how the sound's doing. It's very very"}, {"start": "00:01:41", "end": "00:01:45", "text": "interesting. Who else only buys top?"}, {"start": "00:01:43", "end": "00:01:47", "text": "Shout out to that bottom blasters"}, {"start": "00:01:45", "end": "00:01:49", "text": "feeling good yesterday with the altcoin"}, {"start": "00:01:47", "end": "00:01:51", "text": "sector, but we are feeling the pressure"}, {"start": "00:01:49", "end": "00:01:54", "text": "today. Now with this information coming"}, {"start": "00:01:51", "end": "00:01:56", "text": "out, the inflation data looking spicy."}, {"start": "00:01:54", "end": "00:01:59", "text": "We got Bitcoin pulling back to a very,"}, {"start": "00:01:56", "end": "00:02:02", "text": "very key support level. It hit it early"}, {"start": "00:01:59", "end": "00:02:04", "text": "this morning at around $76,800."}, {"start": "00:02:02", "end": "00:02:05", "text": "I was talking about this trend line and"}, {"start": "00:02:04", "end": "00:02:07", "text": "this kind of ascending channel that"}, {"start": "00:02:05", "end": "00:02:11", "text": "we've been in for some time since we"}, {"start": "00:02:07", "end": "00:02:13", "text": "breached above 75K. I did act on this uh"}, {"start": "00:02:11", "end": "00:02:15", "text": "just in the short term of the small bag."}, {"start": "00:02:13", "end": "00:02:19", "text": "I got a little side bag. I'm running up"}, {"start": "00:02:15", "end": "00:02:21", "text": "to uh you know, instead of buying the"}, {"start": "00:02:19", "end": "00:02:23", "text": "kids a bunch of Christmas presents, a"}, {"start": "00:02:21", "end": "00:02:24", "text": "trip seems like the more reasonable"}, {"start": "00:02:23", "end": "00:02:26", "text": "thing. And I've kind of made a challenge"}, {"start": "00:02:24", "end": "00:02:28", "text": "out of myself. Uh taking a very small"}, {"start": "00:02:26", "end": "00:02:30", "text": "amount of tether. Very, very small"}, {"start": "00:02:28", "end": "00:02:31", "text": "amount. I've been running this up over"}, {"start": "00:02:30", "end": "00:02:33", "text": "the last week and it's going well. I got"}, {"start": "00:02:31", "end": "00:02:36", "text": "into position on this. Let's actually go"}, {"start": "00:02:33", "end": "00:02:38", "text": "look and see where this trade is at."}, {"start": "00:02:36", "end": "00:02:40", "text": "Trading on two bit here. Let's see where"}, {"start": "00:02:38", "end": "00:02:42", "text": "we're at. So, we got all right. We're"}, {"start": "00:02:40", "end": "00:02:44", "text": "doing all right so far. You know what?"}, {"start": "00:02:42", "end": "00:02:46", "text": "Tight stop to begin with. I'm going to"}, {"start": "00:02:44", "end": "00:02:48", "text": "move that stop loss above entry to cover"}, {"start": "00:02:46", "end": "00:02:50", "text": "the cost of the trade. We'll see if we"}, {"start": "00:02:48", "end": "00:02:52", "text": "can keep cooking. I got this in at about"}, {"start": "00:02:50", "end": "00:02:55", "text": "$76,800."}, {"start": "00:02:52", "end": "00:02:56", "text": "I was talking about this uh channel"}, {"start": "00:02:55", "end": "00:02:58", "text": "generally and I'm going to be trading"}, {"start": "00:02:56", "end": "00:02:59", "text": "this channel until proven otherwise."}, {"start": "00:02:58", "end": "00:03:02", "text": "Right? So, we came down to the bottom of"}, {"start": "00:02:59", "end": "00:03:04", "text": "the channel seeing some sort of bounce"}, {"start": "00:03:02", "end": "00:03:07", "text": "right now"}, {"start": "00:03:04", "end": "00:03:10", "text": "and you know is it we're going to be"}, {"start": "00:03:07", "end": "00:03:12", "text": "bouncing off into the races go back up"}, {"start": "00:03:10", "end": "00:03:14", "text": "to this top of the channel. There's a"}, {"start": "00:03:12", "end": "00:03:16", "text": "lot of money flow pressure on Bitcoin"}, {"start": "00:03:14", "end": "00:03:18", "text": "right now. This is the 4 hour. The money"}, {"start": "00:03:16", "end": "00:03:19", "text": "flow just now breached into the red."}, {"start": "00:03:18", "end": "00:03:22", "text": "I'll kind of zoom in so you can see"}, {"start": "00:03:19", "end": "00:03:25", "text": "this. just now breaching into the red on"}, {"start": "00:03:22", "end": "00:03:27", "text": "money flow. The daily I'm assuming looks"}, {"start": "00:03:25", "end": "00:03:29", "text": "like trash after that morning movement."}, {"start": "00:03:27", "end": "00:03:31", "text": "Yes, we are very very sharply angled"}, {"start": "00:03:29", "end": "00:03:33", "text": "downward. Hence why I'm keeping that"}, {"start": "00:03:31", "end": "00:03:38", "text": "stop loss above that entry point just to"}, {"start": "00:03:33", "end": "00:03:41", "text": "protect and uh buy the kids Salana and"}, {"start": "00:03:38", "end": "00:03:41", "text": "tell them to be quiet, [laughter]"}, {"start": "00:03:41", "end": "00:03:46", "text": "you know. So my son likes the altcoin"}, {"start": "00:03:44", "end": "00:03:48", "text": "sector. He likes the higher risk, higher"}, {"start": "00:03:46", "end": "00:03:52", "text": "reward type situation that altcoins"}, {"start": "00:03:48", "end": "00:03:55", "text": "have. My daughter, the more I guess"}, {"start": "00:03:52", "end": "00:03:58", "text": "studious one, the more kind of locked in"}, {"start": "00:03:55", "end": "00:04:00", "text": "on an educational spectrum, uh is more"}, {"start": "00:03:58", "end": "00:04:02", "text": "serious about Bitcoin. She was actually"}, {"start": "00:04:00", "end": "00:04:04", "text": "buying Bitcoin much more aggressively"}, {"start": "00:04:02", "end": "00:04:06", "text": "than vast majority of these people that"}, {"start": "00:04:04", "end": "00:04:10", "text": "are uh out there laring that they're"}, {"start": "00:04:06", "end": "00:04:12", "text": "crypto hardcore hardcore crypto users. A"}, {"start": "00:04:10", "end": "00:04:14", "text": "lot of these people, the influencers,"}, {"start": "00:04:12", "end": "00:04:16", "text": "the trading analysts, they were not"}, {"start": "00:04:14", "end": "00:04:17", "text": "willing to buy the $60,000 range. My"}, {"start": "00:04:16", "end": "00:04:20", "text": "daughter was hammering into that. I"}, {"start": "00:04:17", "end": "00:04:22", "text": "mean, hammer it in it. Hammer it. Hammer"}, {"start": "00:04:20", "end": "00:04:25", "text": "it. Uh, all right. Drew, what kind of"}, {"start": "00:04:22", "end": "00:04:28", "text": "leverage? This one on this trade, I"}, {"start": "00:04:25", "end": "00:04:29", "text": "believe, was 35x, I believe. This one,"}, {"start": "00:04:28", "end": "00:04:31", "text": "it's just a small amount of margin. I"}, {"start": "00:04:29", "end": "00:04:36", "text": "think it was about a,000 bucks, maybe"}, {"start": "00:04:31", "end": "00:04:39", "text": "1,200. 1,200 on 35x. It's doing good so"}, {"start": "00:04:36", "end": "00:04:42", "text": "far. And we did a classroom last uh"}, {"start": "00:04:39", "end": "00:04:44", "text": "yesterday or about 2 p.m. in school"}, {"start": "00:04:42", "end": "00:04:47", "text": "where Kelly Kellum leaded it up and we"}, {"start": "00:04:44", "end": "00:04:50", "text": "discussed reversal candles. We discussed"}, {"start": "00:04:47", "end": "00:04:53", "text": "reversal patterns and we had that"}, {"start": "00:04:50", "end": "00:04:54", "text": "wonderful triple bottom this morning. We"}, {"start": "00:04:53", "end": "00:04:57", "text": "found that support right around the"}, {"start": "00:04:54", "end": "00:04:59", "text": "mid76 mark. I did keep an eye on"}, {"start": "00:04:57", "end": "00:05:02", "text": "liquidation levels as well. It's a kind"}, {"start": "00:04:59", "end": "00:05:04", "text": "of a split bag on liquidation levels to"}, {"start": "00:05:02", "end": "00:05:06", "text": "be honest with you last time I looked at"}, {"start": "00:05:04", "end": "00:05:08", "text": "it. So, let's go back into those and see"}, {"start": "00:05:06", "end": "00:05:11", "text": "where we're at. We have Bitcoin on the"}, {"start": "00:05:08", "end": "00:05:15", "text": "12 hour. It's a very split race still."}, {"start": "00:05:11", "end": "00:05:17", "text": "Um, you know, came very close these bars"}, {"start": "00:05:15", "end": "00:05:18", "text": "here on the downside. These popped up at"}, {"start": "00:05:17", "end": "00:05:20", "text": "this kind of range low, which is why I"}, {"start": "00:05:18", "end": "00:05:23", "text": "got to treat this trade very, very"}, {"start": "00:05:20", "end": "00:05:27", "text": "carefully. Bec I can't get over the fact"}, {"start": "00:05:23", "end": "00:05:30", "text": "of how vicious this money flow on the"}, {"start": "00:05:27", "end": "00:05:32", "text": "daily is coming back down. Now, on the"}, {"start": "00:05:30", "end": "00:05:35", "text": "weekly time frame,"}, {"start": "00:05:32", "end": "00:05:37", "text": "uh, Bitcoin, it doesn't look that scary"}, {"start": "00:05:35", "end": "00:05:41", "text": "when you're really backed up. And so"}, {"start": "00:05:37", "end": "00:05:44", "text": "what I'm what I'm thinking here is that"}, {"start": "00:05:41", "end": "00:05:46", "text": "should this range break that stop in"}, {"start": "00:05:44", "end": "00:05:47", "text": "profit on this trade will get washed"}, {"start": "00:05:46", "end": "00:05:51", "text": "out, right? I'll make nothing on the"}, {"start": "00:05:47", "end": "00:05:53", "text": "trade and we could see a range break"}, {"start": "00:05:51", "end": "00:05:58", "text": "from this parallel channel bring Bitcoin"}, {"start": "00:05:53", "end": "00:06:01", "text": "out. Go finding out if 60 or 73 $72,000"}, {"start": "00:05:58", "end": "00:06:04", "text": "can be that next bounce point because"}, {"start": "00:06:01", "end": "00:06:07", "text": "it's a very fast move that we had to go"}, {"start": "00:06:04", "end": "00:06:09", "text": "back up into the 70k plus range. I'm not"}, {"start": "00:06:07", "end": "00:06:10", "text": "going to be surprised by testing out the"}, {"start": "00:06:09", "end": "00:06:14", "text": "center point of this W pattern. I see it"}, {"start": "00:06:10", "end": "00:06:16", "text": "happen quite a bit in crypto and that's"}, {"start": "00:06:14", "end": "00:06:19", "text": "where um my mindset is right now. It's"}, {"start": "00:06:16", "end": "00:06:22", "text": "like we had the 10:00 a.m. pump up,"}, {"start": "00:06:19", "end": "00:06:24", "text": "right? We dumped up to 10:00 a.m."}, {"start": "00:06:22", "end": "00:06:26", "text": "and then I saw us kind of catching our"}, {"start": "00:06:24", "end": "00:06:29", "text": "footing right before it. Usually these"}, {"start": "00:06:26", "end": "00:06:30", "text": "markets like to kind of do the uh"}, {"start": "00:06:29", "end": "00:06:32", "text": "inverse of what the average person is"}, {"start": "00:06:30", "end": "00:06:33", "text": "thinking because the idiot trade today,"}, {"start": "00:06:32", "end": "00:06:35", "text": "the easy trade is that everything's"}, {"start": "00:06:33", "end": "00:06:38", "text": "going to hell in a hand basket. We're"}, {"start": "00:06:35", "end": "00:06:40", "text": "going to derisk like crazy. And largely"}, {"start": "00:06:38", "end": "00:06:42", "text": "I've seen over the last few weeks"}, {"start": "00:06:40", "end": "00:06:44", "text": "there's been massive inflows into crypto"}, {"start": "00:06:42", "end": "00:06:47", "text": "and Bitcoin. I don't think those are"}, {"start": "00:06:44", "end": "00:06:48", "text": "necessarily banking on the clarity act"}, {"start": "00:06:47", "end": "00:06:51", "text": "is worked out. I think it's actually"}, {"start": "00:06:48", "end": "00:06:53", "text": "more related to the SEC moving forward"}, {"start": "00:06:51", "end": "00:06:55", "text": "with their own and we have uh Brian"}, {"start": "00:06:53", "end": "00:06:57", "text": "Armstrong coming out with even more uh"}, {"start": "00:06:55", "end": "00:06:59", "text": "highlights about that. Good morning"}, {"start": "00:06:57", "end": "00:07:01", "text": "everyone. You can just do fine swing"}, {"start": "00:06:59", "end": "00:07:03", "text": "swing trading without leverage."}, {"start": "00:07:01", "end": "00:07:06", "text": "Absolutely swing trading and that's how"}, {"start": "00:07:03", "end": "00:07:09", "text": "I treat the altcoin bag. It's like I I"}, {"start": "00:07:06", "end": "00:07:13", "text": "treat the altcoin bags as trades for"}, {"start": "00:07:09", "end": "00:07:15", "text": "sure. uh because those have to last, you"}, {"start": "00:07:13", "end": "00:07:17", "text": "know, for a few years, right? I'm I'm"}, {"start": "00:07:15", "end": "00:07:20", "text": "loading up on altcoins in what is"}, {"start": "00:07:17", "end": "00:07:23", "text": "generally in my view a bottoming"}, {"start": "00:07:20", "end": "00:07:25", "text": "structure for crypto. Uh but those"}, {"start": "00:07:23", "end": "00:07:27", "text": "altcoins will be cheated. Bitcoin is the"}, {"start": "00:07:25", "end": "00:07:31", "text": "kind of longer term play. I love this."}, {"start": "00:07:27", "end": "00:07:32", "text": "Not so bullish no more. Hey, you lose."}, {"start": "00:07:31", "end": "00:07:34", "text": "[laughter]"}, {"start": "00:07:32", "end": "00:07:36", "text": "I don't know. Did I lose? Oh lord,"}, {"start": "00:07:34", "end": "00:07:38", "text": "you're making me think uh this trade"}, {"start": "00:07:36", "end": "00:07:40", "text": "went sideways on me. Let me go look. Let"}, {"start": "00:07:38", "end": "00:07:42", "text": "me go look here. All right, we're still"}, {"start": "00:07:40", "end": "00:07:45", "text": "holding on. I don't know what percentage"}, {"start": "00:07:42", "end": "00:07:49", "text": "g I think this is about a 20% on this"}, {"start": "00:07:45", "end": "00:07:52", "text": "bag. Let's see here. I don't like"}, {"start": "00:07:49", "end": "00:07:55", "text": "this type of setup here, though. Don't"}, {"start": "00:07:52", "end": "00:07:57", "text": "like that. You know what?"}, {"start": "00:07:55", "end": "00:08:00", "text": "I'm going to clip it. I'm going to clip"}, {"start": "00:07:57", "end": "00:08:04", "text": "it. I'm clipping it. The reason why it"}, {"start": "00:08:00", "end": "00:08:06", "text": "might keep continuing up, but you know,"}, {"start": "00:08:04", "end": "00:08:09", "text": "I'm seeing the kind of real strong"}, {"start": "00:08:06", "end": "00:08:11", "text": "movement up here to around 773 and then"}, {"start": "00:08:09", "end": "00:08:13", "text": "an engulfing in a very short time frame."}, {"start": "00:08:11", "end": "00:08:15", "text": "I'm leverage trade and then this is a 5m"}, {"start": "00:08:13", "end": "00:08:18", "text": "minute time frame. I saw this engulfing"}, {"start": "00:08:15", "end": "00:08:20", "text": "five minute to the downside."}, {"start": "00:08:18", "end": "00:08:23", "text": "So, you know, we're going to find out"}, {"start": "00:08:20", "end": "00:08:26", "text": "and if it does breach down to that"}, {"start": "00:08:23", "end": "00:08:27", "text": "liquidation level, um that'll be"}, {"start": "00:08:26", "end": "00:08:28", "text": "something that I'm watching for as well."}, {"start": "00:08:27", "end": "00:08:30", "text": "We got to actually map out the"}, {"start": "00:08:28", "end": "00:08:34", "text": "liquidation level to the downside just"}, {"start": "00:08:30", "end": "00:08:37", "text": "for my trading pleasure before I go too"}, {"start": "00:08:34", "end": "00:08:42", "text": "far into this. So, let's go check that"}, {"start": "00:08:37", "end": "00:08:43", "text": "out. We got about 76 flat. And that was"}, {"start": "00:08:42", "end": "00:08:47", "text": "kind of like the original write up in"}, {"start": "00:08:43", "end": "00:08:50", "text": "school on Monday or Tuesday was, you"}, {"start": "00:08:47", "end": "00:08:51", "text": "know, angling towards the downside. I"}, {"start": "00:08:50", "end": "00:08:54", "text": "did say that we were angling towards the"}, {"start": "00:08:51", "end": "00:08:56", "text": "downside. on Tuesday just when we were"}, {"start": "00:08:54", "end": "00:08:57", "text": "talking about being at the center point."}, {"start": "00:08:56", "end": "00:09:00", "text": "We were right under the center point and"}, {"start": "00:08:57", "end": "00:09:02", "text": "this money flow is looking like trash."}, {"start": "00:09:00", "end": "00:09:07", "text": "So I'll watch this very very closely"}, {"start": "00:09:02", "end": "00:09:08", "text": "because you know 76 flat"}, {"start": "00:09:07", "end": "00:09:11", "text": "76 flat there's a large amount of"}, {"start": "00:09:08", "end": "00:09:13", "text": "liquidations but golly it would be a"}, {"start": "00:09:11", "end": "00:09:16", "text": "fast ride downtown"}, {"start": "00:09:13", "end": "00:09:19", "text": "um to at least that $72,000 mark if we"}, {"start": "00:09:16", "end": "00:09:21", "text": "do le lose this current range. So took"}, {"start": "00:09:19", "end": "00:09:24", "text": "my profits. I wonder what uh percentage"}, {"start": "00:09:21", "end": "00:09:28", "text": "I got to look at. Usually my goal is to"}, {"start": "00:09:24", "end": "00:09:30", "text": "make around 20 to 30% per day on a"}, {"start": "00:09:28", "end": "00:09:33", "text": "trading bag. Like that is a good"}, {"start": "00:09:30", "end": "00:09:35", "text": "compounding goal for me to continue on."}, {"start": "00:09:33", "end": "00:09:38", "text": "Um sometimes it's easier to just you"}, {"start": "00:09:35", "end": "00:09:40", "text": "know what take theopium of where the"}, {"start": "00:09:38", "end": "00:09:42", "text": "chart might go from that trade something"}, {"start": "00:09:40", "end": "00:09:45", "text": "and it would be you know the trade to"}, {"start": "00:09:42", "end": "00:09:49", "text": "end all work for you ever in your life."}, {"start": "00:09:45", "end": "00:09:51", "text": "you know, 20 to 30% gains on the day uh"}, {"start": "00:09:49", "end": "00:09:54", "text": "end up treating me well. So, let's see"}, {"start": "00:09:51", "end": "00:09:56", "text": "here. I'll go to position."}, {"start": "00:09:54", "end": "00:09:58", "text": "Let's see here. I gotta kind of go full"}, {"start": "00:09:56", "end": "00:10:00", "text": "screen here."}, {"start": "00:09:58", "end": "00:10:03", "text": "Got to kind of go full screen. Let's see"}, {"start": "00:10:00", "end": "00:10:06", "text": "here. Bam. Yeah. So, this one is right"}, {"start": "00:10:03", "end": "00:10:08", "text": "around like 18%."}, {"start": "00:10:06", "end": "00:10:11", "text": "You know, right around 18%. This is the"}, {"start": "00:10:08", "end": "00:10:13", "text": "type of stuff, you know, 18 30% all"}, {"start": "00:10:11", "end": "00:10:15", "text": "that's fine, you know, because sure, you"}, {"start": "00:10:13", "end": "00:10:16", "text": "might be making the trade that could"}, {"start": "00:10:15", "end": "00:10:19", "text": "change everything forever, but more"}, {"start": "00:10:16", "end": "00:10:20", "text": "often than not, uh, you're trading"}, {"start": "00:10:19", "end": "00:10:21", "text": "within range. And I do get very serious"}, {"start": "00:10:20", "end": "00:10:23", "text": "about trading when we start hitting"}, {"start": "00:10:21", "end": "00:10:25", "text": "these ranges. But here's the top story"}, {"start": "00:10:23", "end": "00:10:27", "text": "and all the top movers. Let's actually"}, {"start": "00:10:25", "end": "00:10:30", "text": "go to Coin Market Cap and check out the"}, {"start": "00:10:27", "end": "00:10:32", "text": "top movers for the day here. Let's see"}, {"start": "00:10:30", "end": "00:10:35", "text": "what we're working with here. So, we got"}, {"start": "00:10:32", "end": "00:10:37", "text": "pawns on a pretty steep pullback, 22%"}, {"start": "00:10:35", "end": "00:10:40", "text": "down on ponds. Pump Fund next in line"}, {"start": "00:10:37", "end": "00:10:44", "text": "with a big pullback. Interesting. Venice"}, {"start": "00:10:40", "end": "00:10:47", "text": "is down by 10% and still above $20. That"}, {"start": "00:10:44", "end": "00:10:49", "text": "was absolutely crazy watching Venice uh"}, {"start": "00:10:47", "end": "00:10:51", "text": "over the last few days. Venice has been"}, {"start": "00:10:49", "end": "00:10:53", "text": "on fire. Let's look at the uh broader"}, {"start": "00:10:51", "end": "00:10:55", "text": "crypto market here. I'll make this a"}, {"start": "00:10:53", "end": "00:10:58", "text": "little bit larger so we can see. Well,"}, {"start": "00:10:55", "end": "00:11:00", "text": "for so I can see. I'll make it smaller"}, {"start": "00:10:58", "end": "00:11:04", "text": "for you guys so you can see. Now it is"}, {"start": "00:11:00", "end": "00:11:08", "text": "Bitcoin at that 777 mark. We got B&B at"}, {"start": "00:11:04", "end": "00:11:11", "text": "700 bucks. Salana fighting for its life"}, {"start": "00:11:08", "end": "00:11:14", "text": "at this $100 spot. Salana is walking"}, {"start": "00:11:11", "end": "00:11:16", "text": "pretty in tandem but on almost like a"}, {"start": "00:11:14", "end": "00:11:19", "text": "hyperbolic scale compared to Bitcoin"}, {"start": "00:11:16", "end": "00:11:21", "text": "right now. You know, nothing too crazy."}, {"start": "00:11:19", "end": "00:11:23", "text": "You know, with this uh blood bath, it's"}, {"start": "00:11:21", "end": "00:11:26", "text": "interesting to see most of the pain"}, {"start": "00:11:23", "end": "00:11:28", "text": "isolated to these uh because pawns is"}, {"start": "00:11:26", "end": "00:11:30", "text": "basically a Robin Hood version of a pump"}, {"start": "00:11:28", "end": "00:11:35", "text": "fund."}, {"start": "00:11:30", "end": "00:11:38", "text": "Um, you know what? It's been kind of a"}, {"start": "00:11:35", "end": "00:11:40", "text": "Oh, yeah. So, yeah, it's so weird."}, {"start": "00:11:38", "end": "00:11:41", "text": "It's so weird how some people have the"}, {"start": "00:11:40", "end": "00:11:45", "text": "problem with the mic, the others don't."}, {"start": "00:11:41", "end": "00:11:47", "text": "I don't get it. Ginger and uh Schwitty,"}, {"start": "00:11:45", "end": "00:11:50", "text": "maybe restart or refresh, you know,"}, {"start": "00:11:47", "end": "00:11:54", "text": "maybe it's a browser. Now, pawns, it hit"}, {"start": "00:11:50", "end": "00:11:57", "text": "the dollar mark. It's down to 57."}, {"start": "00:11:54", "end": "00:12:00", "text": "Market cap's at $45 million."}, {"start": "00:11:57", "end": "00:12:02", "text": "I do need some more data before I try to"}, {"start": "00:12:00", "end": "00:12:03", "text": "trade or like go into a trade on this"}, {"start": "00:12:02", "end": "00:12:05", "text": "thing because like this original shelf"}, {"start": "00:12:03", "end": "00:12:08", "text": "right here is likely to be visited"}, {"start": "00:12:05", "end": "00:12:10", "text": "around the 30 cent 39 cent mark. Um I'm"}, {"start": "00:12:08", "end": "00:12:13", "text": "going to be careful about this pawn"}, {"start": "00:12:10", "end": "00:12:15", "text": "situation because it's a very new kind"}, {"start": "00:12:13", "end": "00:12:17", "text": "of hot and fresh brand new item on the"}, {"start": "00:12:15", "end": "00:12:18", "text": "crypto market. I like to have a little"}, {"start": "00:12:17", "end": "00:12:21", "text": "bit more data before I go there. And"}, {"start": "00:12:18", "end": "00:12:25", "text": "also maybe I'll use this. Trump is"}, {"start": "00:12:21", "end": "00:12:28", "text": "promising a $5,000 dividend to every"}, {"start": "00:12:25", "end": "00:12:29", "text": "adult citizen in the United States if"}, {"start": "00:12:28", "end": "00:12:31", "text": "the Republicans win the midterm"}, {"start": "00:12:29", "end": "00:12:33", "text": "elections."}, {"start": "00:12:31", "end": "00:12:36", "text": "We're about to get paid off if we can"}, {"start": "00:12:33", "end": "00:12:37", "text": "push the Republicans across the finish"}, {"start": "00:12:36", "end": "00:12:39", "text": "line in the midterm elections with"}, {"start": "00:12:37", "end": "00:12:43", "text": "$5,000"}, {"start": "00:12:39", "end": "00:12:46", "text": "per citizen. What a deal. What a deal"}, {"start": "00:12:43", "end": "00:12:49", "text": "indeed. Currently around 245 million"}, {"start": "00:12:46", "end": "00:12:52", "text": "citizens 18 and up that this dividend"}, {"start": "00:12:49", "end": "00:12:54", "text": "would go to. This would cost us a cool"}, {"start": "00:12:52", "end": "00:12:57", "text": "$1.2 trillion."}, {"start": "00:12:54", "end": "00:12:59", "text": "Nothing wrong with that. What's $1.2"}, {"start": "00:12:57", "end": "00:13:02", "text": "trillion between friends? H this would"}, {"start": "00:12:59", "end": "00:13:03", "text": "mark the biggest economic stimulus"}, {"start": "00:13:02", "end": "00:13:07", "text": "payment since the pandemic. The thing"}, {"start": "00:13:03", "end": "00:13:09", "text": "about it is is the pandemic payments"}, {"start": "00:13:07", "end": "00:13:12", "text": "came out during a global economic"}, {"start": "00:13:09", "end": "00:13:14", "text": "shutdown. Now we're going to be getting"}, {"start": "00:13:12", "end": "00:13:17", "text": "double the amount of money because"}, {"start": "00:13:14", "end": "00:13:19", "text": "Trump's unsure about locking up the next"}, {"start": "00:13:17", "end": "00:13:22", "text": "election cycle."}, {"start": "00:13:19", "end": "00:13:25", "text": "This kind of feels like bribery. Is this"}, {"start": "00:13:22", "end": "00:13:27", "text": "is this uh am I being bribed by the"}, {"start": "00:13:25", "end": "00:13:30", "text": "Trump administration right now? And you"}, {"start": "00:13:27", "end": "00:13:32", "text": "know, this made me think of a wonderful"}, {"start": "00:13:30", "end": "00:13:35", "text": "wonderful piece of artistic development."}, {"start": "00:13:32", "end": "00:13:37", "text": "And I'll pro maybe I'll get demonetized"}, {"start": "00:13:35", "end": "00:13:40", "text": "for this, maybe not. But it reminds me"}, {"start": "00:13:37", "end": "00:13:42", "text": "of this moment right here. I DON'T GIVE"}, {"start": "00:13:40", "end": "00:13:45", "text": "A DAMN ABOUT NO JOBS."}, {"start": "00:13:42", "end": "00:13:46", "text": ">> PEOPLE DON'T NEED NO JOBS. PEOPLE NEED"}, {"start": "00:13:45", "end": "00:13:48", "text": "MONEY."}, {"start": "00:13:46", "end": "00:13:51", "text": ">> THIS is exactly what I thought of the"}, {"start": "00:13:48", "end": "00:13:54", "text": "moment I saw that headline."}, {"start": "00:13:51", "end": "00:13:56", "text": "You know, it's we are absolutely at the"}, {"start": "00:13:54", "end": "00:14:00", "text": "juxiposition, the crossroads between the"}, {"start": "00:13:56", "end": "00:14:02", "text": "matrix, idiocracy, and wolf of all of"}, {"start": "00:14:00", "end": "00:14:05", "text": "Wolf of Wall Street. That's where we're"}, {"start": "00:14:02", "end": "00:14:06", "text": "at right now. Uh it is the situation at"}, {"start": "00:14:05", "end": "00:14:09", "text": "hand, and it's I don't make up the"}, {"start": "00:14:06", "end": "00:14:10", "text": "rules. This is just the scenario. the"}, {"start": "00:14:09", "end": "00:14:13", "text": "these are the cards that we've been"}, {"start": "00:14:10", "end": "00:14:16", "text": "dealt. You know, now we get a $5,000."}, {"start": "00:14:13", "end": "00:14:18", "text": "And what would you buy? Let's say we all"}, {"start": "00:14:16", "end": "00:14:21", "text": "band together."}, {"start": "00:14:18", "end": "00:14:23", "text": "Is this even what? Let's say we all ban"}, {"start": "00:14:21", "end": "00:14:26", "text": "together and push the Republicans across"}, {"start": "00:14:23", "end": "00:14:29", "text": "the finish line in this next midterm"}, {"start": "00:14:26", "end": "00:14:30", "text": "election. Which altcoin are you going to"}, {"start": "00:14:29", "end": "00:14:31", "text": "buy? Or are you just going to buy"}, {"start": "00:14:30", "end": "00:14:34", "text": "Bitcoin? You can buy a pretty good chunk"}, {"start": "00:14:31", "end": "00:14:37", "text": "of Bitcoin at 5,000 bucks, right? Not a"}, {"start": "00:14:34", "end": "00:14:41", "text": "bad buy on Bitcoin at $5,000, but what"}, {"start": "00:14:37", "end": "00:14:44", "text": "would you buy with a $5,000 payment? Uh,"}, {"start": "00:14:41", "end": "00:14:46", "text": "President Commancho wants to know. Now,"}, {"start": "00:14:44", "end": "00:14:50", "text": "let's take a look at the rest of the"}, {"start": "00:14:46", "end": "00:14:54", "text": "market here. Back to Coin Market Cap."}, {"start": "00:14:50", "end": "00:14:56", "text": "Radium 5% pullback at a$132. Venice"}, {"start": "00:14:54", "end": "00:14:58", "text": "radium is making a definite move. You"}, {"start": "00:14:56", "end": "00:15:02", "text": "know what? Hyperliquid. Hyperliquid."}, {"start": "00:14:58", "end": "00:15:05", "text": "Hyperlid. Russia. Russia. Russia."}, {"start": "00:15:02", "end": "00:15:08", "text": "Hype just won't give up much ground."}, {"start": "00:15:05", "end": "00:15:10", "text": "It's still"}, {"start": "00:15:08", "end": "00:15:13", "text": "It is looking a little slloy. I think."}, {"start": "00:15:10", "end": "00:15:14", "text": "You know what? Hyperlid's probably an"}, {"start": "00:15:13", "end": "00:15:15", "text": "altcoin. We got to map out the money"}, {"start": "00:15:14", "end": "00:15:18", "text": "flows later on the show because"}, {"start": "00:15:15", "end": "00:15:19", "text": "Hyperlid's looking a little slloy right"}, {"start": "00:15:18", "end": "00:15:21", "text": "now. Even though it's o over 80 bucks"}, {"start": "00:15:19", "end": "00:15:23", "text": "still, right? Even though it's over 80"}, {"start": "00:15:21", "end": "00:15:26", "text": "bucks, there is a little bit of slope to"}, {"start": "00:15:23", "end": "00:15:29", "text": "that. Now let's move on to the biggest"}, {"start": "00:15:26", "end": "00:15:32", "text": "news for Bitcoin. Traders"}, {"start": "00:15:29", "end": "00:15:33", "text": "dial down bullish playing ahead of the"}, {"start": "00:15:32", "end": "00:15:37", "text": "US inflation data that came out this"}, {"start": "00:15:33", "end": "00:15:39", "text": "morning. Now again the inflation data"}, {"start": "00:15:37", "end": "00:15:41", "text": "simply put it was a producer price index"}, {"start": "00:15:39", "end": "00:15:44", "text": "already came out a little bit hot. We"}, {"start": "00:15:41", "end": "00:15:47", "text": "have the weekly jobless index that also"}, {"start": "00:15:44", "end": "00:15:50", "text": "came out consensus around 205,000 prior"}, {"start": "00:15:47", "end": "00:15:52", "text": "206. So really flatline. The main thing,"}, {"start": "00:15:50", "end": "00:15:54", "text": "let's go over to the trading economic"}, {"start": "00:15:52", "end": "00:15:56", "text": "calendar because there is some big data"}, {"start": "00:15:54", "end": "00:15:58", "text": "releases. So 8:30 a.m. was that PPI"}, {"start": "00:15:56", "end": "00:16:00", "text": "release and this website's"}, {"start": "00:15:58", "end": "00:16:01", "text": "tradingeconomics.com is where you get"}, {"start": "00:16:00", "end": "00:16:04", "text": "kind of the whole calendar of all the"}, {"start": "00:16:01", "end": "00:16:05", "text": "releases. The European Central Bank is"}, {"start": "00:16:04", "end": "00:16:08", "text": "coming out with their press conference"}, {"start": "00:16:05", "end": "00:16:10", "text": "as well this morning where they are"}, {"start": "00:16:08", "end": "00:16:12", "text": "interest rate hiking and we have"}, {"start": "00:16:10", "end": "00:16:14", "text": "existing home sales. Existing home sales"}, {"start": "00:16:12", "end": "00:16:18", "text": "is a biggie. This is a big big data"}, {"start": "00:16:14", "end": "00:16:20", "text": "point. Now here is the kind of long-term"}, {"start": "00:16:18", "end": "00:16:22", "text": "outlook. This is the yearly on PPI, the"}, {"start": "00:16:20", "end": "00:16:25", "text": "data that just came out this morning,"}, {"start": "00:16:22", "end": "00:16:26", "text": "and it is notably increasing, right?"}, {"start": "00:16:25", "end": "00:16:28", "text": "We're seeing a pretty strong increase"}, {"start": "00:16:26", "end": "00:16:30", "text": "back to these price uh these levels that"}, {"start": "00:16:28", "end": "00:16:33", "text": "really scared us into the interest rate"}, {"start": "00:16:30", "end": "00:16:35", "text": "hikes that we saw previously. But the uh"}, {"start": "00:16:33", "end": "00:16:39", "text": "main thing here, and this is where the"}, {"start": "00:16:35", "end": "00:16:41", "text": "big variable is, is existing home sales,"}, {"start": "00:16:39", "end": "00:16:42", "text": "right? Raising interest rates into this"}, {"start": "00:16:41", "end": "00:16:44", "text": "environment where the home sales are"}, {"start": "00:16:42", "end": "00:16:47", "text": "collapsing. And now this time, this is"}, {"start": "00:16:44", "end": "00:16:50", "text": "over 10 years. This is a 10-year outlook"}, {"start": "00:16:47", "end": "00:16:53", "text": "for US home sales."}, {"start": "00:16:50", "end": "00:16:57", "text": "It's a very difficult situation to be in"}, {"start": "00:16:53", "end": "00:16:59", "text": "for the US economy because,"}, {"start": "00:16:57", "end": "00:17:01", "text": "you know, obviously, and I I get this"}, {"start": "00:16:59", "end": "00:17:04", "text": "and I've said this myself, 10-year"}, {"start": "00:17:01", "end": "00:17:09", "text": "yields more directly impact mortgage"}, {"start": "00:17:04", "end": "00:17:12", "text": "rates, right? But if banks are having to"}, {"start": "00:17:09", "end": "00:17:15", "text": "have a higher interest rate in general,"}, {"start": "00:17:12", "end": "00:17:19", "text": "that does add pressure for interest rate"}, {"start": "00:17:15", "end": "00:17:22", "text": "hikes for basically monetary not"}, {"start": "00:17:19", "end": "00:17:24", "text": "controls but constriction, right? Where"}, {"start": "00:17:22", "end": "00:17:26", "text": "loans are diff more difficult to get."}, {"start": "00:17:24", "end": "00:17:27", "text": "You get banks acting a little bit more"}, {"start": "00:17:26", "end": "00:17:30", "text": "conservative with their money. And you"}, {"start": "00:17:27", "end": "00:17:32", "text": "know what? a lot of those lending"}, {"start": "00:17:30", "end": "00:17:35", "text": "insider schemes that have been going on"}, {"start": "00:17:32", "end": "00:17:36", "text": "with the AI industry in their know we're"}, {"start": "00:17:35", "end": "00:17:37", "text": "going to be worth hundred billion"}, {"start": "00:17:36", "end": "00:17:39", "text": "dollars. We're only worth a couple"}, {"start": "00:17:37", "end": "00:17:41", "text": "million right now, but lend me the"}, {"start": "00:17:39", "end": "00:17:44", "text": "money. That situation might get a little"}, {"start": "00:17:41", "end": "00:17:46", "text": "bit more difficult if we see these"}, {"start": "00:17:44", "end": "00:17:48", "text": "interest rates continue to be moved to"}, {"start": "00:17:46", "end": "00:17:50", "text": "the upside. So that interest rate"}, {"start": "00:17:48", "end": "00:17:52", "text": "decision for the United States is coming"}, {"start": "00:17:50", "end": "00:17:55", "text": "up very very soon. Let's actually go"}, {"start": "00:17:52", "end": "00:17:58", "text": "look at the likelihoods here. We got"}, {"start": "00:17:55", "end": "00:18:01", "text": "it's about 64% likelihood of a interest"}, {"start": "00:17:58", "end": "00:18:04", "text": "rate hike coming up on September 16th, 6"}, {"start": "00:18:01", "end": "00:18:06", "text": "days away. So, God, it's going to be a"}, {"start": "00:18:04", "end": "00:18:09", "text": "loaded We have September 15th is a"}, {"start": "00:18:06", "end": "00:18:11", "text": "Clarity Act hearing and then September"}, {"start": "00:18:09", "end": "00:18:13", "text": "16th is the FOMC. This is going to be a"}, {"start": "00:18:11", "end": "00:18:16", "text": "crazy volatile week, honest. I mean, it"}, {"start": "00:18:13", "end": "00:18:17", "text": "looks very, very volatile. Uh 64%"}, {"start": "00:18:16", "end": "00:18:19", "text": "likelihood that there's going to be an"}, {"start": "00:18:17", "end": "00:18:22", "text": "interest rate hike coming up. But we did"}, {"start": "00:18:19", "end": "00:18:24", "text": "have a ally, monetary ally of the United"}, {"start": "00:18:22", "end": "00:18:26", "text": "States, the European Central Bank raised"}, {"start": "00:18:24", "end": "00:18:29", "text": "their interest rates already by those 25"}, {"start": "00:18:26", "end": "00:18:33", "text": "dips to 2.65% the highest level in oh my"}, {"start": "00:18:29", "end": "00:18:35", "text": "godun 18 months. 18 months. This is"}, {"start": "00:18:33", "end": "00:18:37", "text": "where"}, {"start": "00:18:35", "end": "00:18:39", "text": "you know inflation levels are as the"}, {"start": "00:18:37", "end": "00:18:41", "text": "worst they've been in three months. I"}, {"start": "00:18:39", "end": "00:18:43", "text": "mean a lot of people are kind of"}, {"start": "00:18:41", "end": "00:18:46", "text": "ignoring the fact that our unrealized"}, {"start": "00:18:43", "end": "00:18:48", "text": "losses on banks. The depth of which our"}, {"start": "00:18:46", "end": "00:18:51", "text": "unrealized losses on banks is hitting"}, {"start": "00:18:48", "end": "00:18:53", "text": "right now is unprecedented. Unpre that's"}, {"start": "00:18:51", "end": "00:18:55", "text": "the real ugly elephant in the room that"}, {"start": "00:18:53", "end": "00:18:57", "text": "none of these banks want to talk about"}, {"start": "00:18:55", "end": "00:18:59", "text": "is they push crypto to the side. They"}, {"start": "00:18:57", "end": "00:19:02", "text": "don't want crypto to come in and try to"}, {"start": "00:18:59", "end": "00:19:03", "text": "bolster bank deposits and work with with"}, {"start": "00:19:02", "end": "00:19:05", "text": "banks and make it better. No, we're"}, {"start": "00:19:03", "end": "00:19:07", "text": "going to shut it down. We're going to"}, {"start": "00:19:05", "end": "00:19:10", "text": "sit on our castle that's already on"}, {"start": "00:19:07", "end": "00:19:12", "text": "fire, but there are our insulated room"}, {"start": "00:19:10", "end": "00:19:14", "text": "is made of stone, so we're going to let"}, {"start": "00:19:12", "end": "00:19:15", "text": "it burn down. They don't care. This"}, {"start": "00:19:14", "end": "00:19:18", "text": "interest rate hike from the European"}, {"start": "00:19:15", "end": "00:19:20", "text": "Central Bank is not that big of a"}, {"start": "00:19:18", "end": "00:19:22", "text": "concern. And honestly,"}, {"start": "00:19:20", "end": "00:19:25", "text": "when I think about the doom and gloom"}, {"start": "00:19:22", "end": "00:19:27", "text": "potential of an interest rate hike, it's"}, {"start": "00:19:25", "end": "00:19:29", "text": "not really hidden for me. It's not"}, {"start": "00:19:27", "end": "00:19:31", "text": "really hidden because"}, {"start": "00:19:29", "end": "00:19:34", "text": "the interest rate hikes that we've had"}, {"start": "00:19:31", "end": "00:19:37", "text": "with the just to talk about this briefly"}, {"start": "00:19:34", "end": "00:19:40", "text": "on the larger scale since February on"}, {"start": "00:19:37", "end": "00:19:43", "text": "Bitcoin, we've actually seen holds and"}, {"start": "00:19:40", "end": "00:19:44", "text": "hikes uh through this whole time frame"}, {"start": "00:19:43", "end": "00:19:46", "text": "and those have actually, you know,"}, {"start": "00:19:44", "end": "00:19:48", "text": "immediately dumped but then created a"}, {"start": "00:19:46", "end": "00:19:50", "text": "upswing in Bitcoin over the next few"}, {"start": "00:19:48", "end": "00:19:53", "text": "weeks. Whereas vice versa, we got"}, {"start": "00:19:50", "end": "00:19:56", "text": "interest rate cuts during the bull years"}, {"start": "00:19:53", "end": "00:19:58", "text": "of 24 and 25 and it didn't help us at"}, {"start": "00:19:56", "end": "00:20:00", "text": "all. Right? It did not help us at all."}, {"start": "00:19:58", "end": "00:20:01", "text": "Bitcoin seems to be just understanding"}, {"start": "00:20:00", "end": "00:20:04", "text": "that they're going to have to print"}, {"start": "00:20:01", "end": "00:20:06", "text": "their way out of this. Um, and you know"}, {"start": "00:20:04", "end": "00:20:09", "text": "what? I'm okay with that. I'm okay with"}, {"start": "00:20:06", "end": "00:20:11", "text": "the original thesis of Bitcoin being a"}, {"start": "00:20:09", "end": "00:20:13", "text": "hedge against an irresponsible"}, {"start": "00:20:11", "end": "00:20:14", "text": "government from a monetary standpoint is"}, {"start": "00:20:13", "end": "00:20:17", "text": "the thesis. And that thesis is still"}, {"start": "00:20:14", "end": "00:20:18", "text": "holding true very much so. Even with the"}, {"start": "00:20:17", "end": "00:20:21", "text": "ETFs, and there's a little bit of news"}, {"start": "00:20:18", "end": "00:20:22", "text": "about how many ETFs have left the party"}, {"start": "00:20:21", "end": "00:20:25", "text": "that I'll be getting into, but let's"}, {"start": "00:20:22", "end": "00:20:28", "text": "compare the interest rate likelihoods on"}, {"start": "00:20:25", "end": "00:20:30", "text": "Fed CME to"}, {"start": "00:20:28", "end": "00:20:34", "text": "uh Poly Market as well. So, let's see"}, {"start": "00:20:30", "end": "00:20:36", "text": "here. CME Group Poly and this is CME"}, {"start": "00:20:34", "end": "00:20:38", "text": "tool. Just type in CME Fed tool in"}, {"start": "00:20:36", "end": "00:20:40", "text": "Google and it'll bring you to this."}, {"start": "00:20:38", "end": "00:20:42", "text": "These rate interest rate hike"}, {"start": "00:20:40", "end": "00:20:44", "text": "likelihoods are actually going up pretty"}, {"start": "00:20:42", "end": "00:20:47", "text": "quickly. We were just looking at this."}, {"start": "00:20:44", "end": "00:20:49", "text": "It's 64%. And it's actually 69% right"}, {"start": "00:20:47", "end": "00:20:52", "text": "now. Let's check out what Poly Market is"}, {"start": "00:20:49", "end": "00:20:54", "text": "coming in at. Let's do a quick refresh."}, {"start": "00:20:52", "end": "00:20:57", "text": "I need It's my money and I need it now."}, {"start": "00:20:54", "end": "00:21:00", "text": "There's a lot of FOMO for these the You"}, {"start": "00:20:57", "end": "00:21:02", "text": "guys are excited to get bribed by Trump."}, {"start": "00:21:00", "end": "00:21:04", "text": "$5,000."}, {"start": "00:21:02", "end": "00:21:07", "text": "Maybe the like if you take a jab, you'll"}, {"start": "00:21:04", "end": "00:21:09", "text": "get $10,000 even though the virus is"}, {"start": "00:21:07", "end": "00:21:11", "text": "gone or it's I mean it's it's here to"}, {"start": "00:21:09", "end": "00:21:12", "text": "stay, but the the scare behind is gone."}, {"start": "00:21:11", "end": "00:21:14", "text": "Maybe they can double it for late"}, {"start": "00:21:12", "end": "00:21:17", "text": "jabbers. Late jabvers to the party"}, {"start": "00:21:14", "end": "00:21:21", "text": "should get double now. God, my sarcasm."}, {"start": "00:21:17", "end": "00:21:25", "text": "It hurts. It hurts. 75% right. Oh, no,"}, {"start": "00:21:21", "end": "00:21:27", "text": "wait. We're about 53% likelihood of a"}, {"start": "00:21:25", "end": "00:21:29", "text": "rate hike. So, Poly Market's very very"}, {"start": "00:21:27", "end": "00:21:34", "text": "split on this right now. It's almost"}, {"start": "00:21:29", "end": "00:21:34", "text": "half and half. Keeps bouncing off."}, {"start": "00:21:34", "end": "00:21:38", "text": "And you know,"}, {"start": "00:21:36", "end": "00:21:40", "text": "this would this should be a bet that I"}, {"start": "00:21:38", "end": "00:21:44", "text": "take on Poly Market. It should be a bet"}, {"start": "00:21:40", "end": "00:21:47", "text": "that I take or a bet on something, but I"}, {"start": "00:21:44", "end": "00:21:49", "text": "just don't see them. Here's how big the"}, {"start": "00:21:47", "end": "00:21:52", "text": "single family housing industry is,"}, {"start": "00:21:49", "end": "00:21:55", "text": "right? Just to talk about why"}, {"start": "00:21:52", "end": "00:21:59", "text": "I got that Ron Burgundy I don't believe"}, {"start": "00:21:55", "end": "00:22:00", "text": "you face on is the housing industry. The"}, {"start": "00:21:59", "end": "00:22:03", "text": "single family housing industry is 100"}, {"start": "00:22:00", "end": "00:22:06", "text": "to$120 trillion worth of value for the"}, {"start": "00:22:03", "end": "00:22:07", "text": "United States economy. You add in"}, {"start": "00:22:06", "end": "00:22:10", "text": "commercial real estate, that's breaching"}, {"start": "00:22:07", "end": "00:22:14", "text": "$300 trillion."}, {"start": "00:22:10", "end": "00:22:16", "text": "It's hitting almost what some economists"}, {"start": "00:22:14", "end": "00:22:21", "text": "would argue are stagflation or basically"}, {"start": "00:22:16", "end": "00:22:24", "text": "a stalemate on that industry."}, {"start": "00:22:21", "end": "00:22:25", "text": "And I just don't see them putting their"}, {"start": "00:22:24", "end": "00:22:27", "text": "foot on the neck of an industry that"}, {"start": "00:22:25", "end": "00:22:29", "text": "they can't watch. Here's what will"}, {"start": "00:22:27", "end": "00:22:32", "text": "happen. If we do actually go to"}, {"start": "00:22:29", "end": "00:22:33", "text": "stagflation, they act responsibly and"}, {"start": "00:22:32", "end": "00:22:36", "text": "raise interest rates to the levels that"}, {"start": "00:22:33", "end": "00:22:38", "text": "we saw happen in the 79 to 1980s"}, {"start": "00:22:36", "end": "00:22:39", "text": "stagflationary event, which is an"}, {"start": "00:22:38", "end": "00:22:40", "text": "uncomfortable thing. A lot of people"}, {"start": "00:22:39", "end": "00:22:43", "text": "don't want to admit we're in it right"}, {"start": "00:22:40", "end": "00:22:45", "text": "now. That will raise interest rates up"}, {"start": "00:22:43", "end": "00:22:49", "text": "to like, you know, 12, 15, god forbid"}, {"start": "00:22:45", "end": "00:22:51", "text": "18%. Then a true locked up so single"}, {"start": "00:22:49", "end": "00:22:55", "text": "family housing industry happens and then"}, {"start": "00:22:51", "end": "00:22:58", "text": "a true exit of 30 to50 trillion dollars"}, {"start": "00:22:55", "end": "00:23:00", "text": "from the US economy should that occur. I"}, {"start": "00:22:58", "end": "00:23:01", "text": "just don't see it happening. I And let"}, {"start": "00:23:00", "end": "00:23:03", "text": "me know what you guys think. Are they"}, {"start": "00:23:01", "end": "00:23:04", "text": "going to raise interest rates or not"}, {"start": "00:23:03", "end": "00:23:07", "text": "this week? What do you think? Let me"}, {"start": "00:23:04", "end": "00:23:09", "text": "know in the chat. I know DCA and Prey is"}, {"start": "00:23:07", "end": "00:23:11", "text": "thinking they're going to raise rates."}, {"start": "00:23:09", "end": "00:23:14", "text": "Um I'm very curious to see what your"}, {"start": "00:23:11", "end": "00:23:16", "text": "guys' input is on this pesky Dems. I've"}, {"start": "00:23:14", "end": "00:23:19", "text": "seen some excite I need I can't get over"}, {"start": "00:23:16", "end": "00:23:21", "text": "the excitement for the Trump $5,000"}, {"start": "00:23:19", "end": "00:23:24", "text": "stming. You know, I could trade my way"}, {"start": "00:23:21", "end": "00:23:26", "text": "into that on a daily. I don't need uh a"}, {"start": "00:23:24", "end": "00:23:28", "text": "government to come pander to me with"}, {"start": "00:23:26", "end": "00:23:31", "text": "that. It's so ridiculous. This world is"}, {"start": "00:23:28", "end": "00:23:33", "text": "so insane. Now, this is an ETF that uh"}, {"start": "00:23:31", "end": "00:23:35", "text": "has gone absolutely ballistic. This is"}, {"start": "00:23:33", "end": "00:23:37", "text": "shipping containers. shipping tankers"}, {"start": "00:23:35", "end": "00:23:39", "text": "rather shipping tanker ETF going"}, {"start": "00:23:37", "end": "00:23:41", "text": "parabolic."}, {"start": "00:23:39", "end": "00:23:46", "text": "you know what we've seen over the course"}, {"start": "00:23:41", "end": "00:23:50", "text": "of the last year and the test if"}, {"start": "00:23:46", "end": "00:23:52", "text": "uh the test if the shipping vessels can"}, {"start": "00:23:50", "end": "00:23:54", "text": "freely go through any straight they went"}, {"start": "00:23:52", "end": "00:23:57", "text": "on the you know this what do you call"}, {"start": "00:23:54", "end": "00:24:00", "text": "globalist setup it's been tested and"}, {"start": "00:23:57", "end": "00:24:02", "text": "it's not really there right there's you"}, {"start": "00:24:00", "end": "00:24:03", "text": "have the US vying for control of the"}, {"start": "00:24:02", "end": "00:24:05", "text": "steroose which is a major pinch point"}, {"start": "00:24:03", "end": "00:24:08", "text": "for a lot of the Southeast Asian market"}, {"start": "00:24:05", "end": "00:24:10", "text": "and really a lot of world economy and"}, {"start": "00:24:08", "end": "00:24:11", "text": "you have the Houthis and the Iranians"}, {"start": "00:24:10", "end": "00:24:14", "text": "who are local to that region that are"}, {"start": "00:24:11", "end": "00:24:16", "text": "testing that. And it really has shown"}, {"start": "00:24:14", "end": "00:24:19", "text": "that glo globalism has not only failed"}, {"start": "00:24:16", "end": "00:24:21", "text": "from a populist standpoint, but from a"}, {"start": "00:24:19", "end": "00:24:24", "text": "logistical standpoint as well. From a"}, {"start": "00:24:21", "end": "00:24:26", "text": "logistical standpoint as well. Uh let's"}, {"start": "00:24:24", "end": "00:24:28", "text": "do some TA. I mean, we'll we'll get some"}, {"start": "00:24:26", "end": "00:24:29", "text": "TA. I'll I'll get back to some TA."}, {"start": "00:24:28", "end": "00:24:31", "text": "First, let's look at this, though. We've"}, {"start": "00:24:29", "end": "00:24:33", "text": "seen some shift under the ground of the"}, {"start": "00:24:31", "end": "00:24:38", "text": "Bitcoin ETFs. We've seen Bitcoin ETF"}, {"start": "00:24:33", "end": "00:24:40", "text": "shed $167 million worth of holdings"}, {"start": "00:24:38", "end": "00:24:45", "text": "after the strongest 3-week inflow run of"}, {"start": "00:24:40", "end": "00:24:47", "text": "2026. So, ARK 21 shares led Tuesday's"}, {"start": "00:24:45", "end": "00:24:49", "text": "withdrawal with 78 million, followed by"}, {"start": "00:24:47", "end": "00:24:52", "text": "Gayscale's Bitcoin Trust with 27"}, {"start": "00:24:49", "end": "00:24:55", "text": "million. Black Rockck Eyishares came in"}, {"start": "00:24:52", "end": "00:24:56", "text": "number three with 19.5. That is"}, {"start": "00:24:55", "end": "00:24:59", "text": "interesting that we're seeing less bleed"}, {"start": "00:24:56", "end": "00:25:01", "text": "from Black Rockck than we are from Kathy"}, {"start": "00:24:59", "end": "00:25:04", "text": "Woods and her ARK 21 shares in"}, {"start": "00:25:01", "end": "00:25:05", "text": "Grayscale. Let's go check out the data"}, {"start": "00:25:04", "end": "00:25:08", "text": "as it sits right now since it's a"}, {"start": "00:25:05", "end": "00:25:11", "text": "Bitcoin total spot eflows. All right,"}, {"start": "00:25:08", "end": "00:25:13", "text": "this is on a daily time frame."}, {"start": "00:25:11", "end": "00:25:16", "text": "It is but a scratch. Honestly, if you're"}, {"start": "00:25:13", "end": "00:25:19", "text": "looking at this from a I mean, you get"}, {"start": "00:25:16", "end": "00:25:22", "text": "the fun, you know, title of worst thing"}, {"start": "00:25:19", "end": "00:25:25", "text": "ever since the best thing ever, but"}, {"start": "00:25:22", "end": "00:25:28", "text": "really when you're looking at the data,"}, {"start": "00:25:25", "end": "00:25:30", "text": "it's yesterday's outflows or September"}, {"start": "00:25:28", "end": "00:25:32", "text": "8th's outflows rather were 46 mil and"}, {"start": "00:25:30", "end": "00:25:34", "text": "then yesterday's were 120 mil. The days"}, {"start": "00:25:32", "end": "00:25:37", "text": "that preceded that were I mean the"}, {"start": "00:25:34", "end": "00:25:39", "text": "smallest one was 100 mil, right? These"}, {"start": "00:25:37", "end": "00:25:41", "text": "are the real September 1st and uh"}, {"start": "00:25:39", "end": "00:25:44", "text": "September August 28th were over 200"}, {"start": "00:25:41", "end": "00:25:46", "text": "million outflows. I'm seeing more good"}, {"start": "00:25:44", "end": "00:25:48", "text": "than bad on these ETF outflows. If I'm"}, {"start": "00:25:46", "end": "00:25:52", "text": "just looking at this with larger time"}, {"start": "00:25:48", "end": "00:25:54", "text": "frame perspective on the this is kind of"}, {"start": "00:25:52", "end": "00:25:56", "text": "cool and so so value it gives you the"}, {"start": "00:25:54", "end": "00:25:59", "text": "spotlight. Robin Hood chain as a whole"}, {"start": "00:25:56", "end": "00:26:01", "text": "is down by about 8.9%."}, {"start": "00:25:59", "end": "00:26:03", "text": "uh interesting data to highlight within"}, {"start": "00:26:01", "end": "00:26:06", "text": "the Robin Hood chain ecosystem here and"}, {"start": "00:26:03", "end": "00:26:09", "text": "it highlights it's unis swap morpho lit"}, {"start": "00:26:06", "end": "00:26:10", "text": "arbitum pawns cashcat big pullbacks in"}, {"start": "00:26:09", "end": "00:26:14", "text": "that whole ecosystem with the biggest"}, {"start": "00:26:10", "end": "00:26:16", "text": "pullbacks being the kind of meme/pump"}, {"start": "00:26:14", "end": "00:26:19", "text": "fund uh positions in Robin Hood down"}, {"start": "00:26:16", "end": "00:26:23", "text": "over 20% right now unis swap giving up a"}, {"start": "00:26:19", "end": "00:26:26", "text": "huge chunk of that gain as well now on"}, {"start": "00:26:23", "end": "00:26:27", "text": "the time frame of this clarity act it is"}, {"start": "00:26:26", "end": "00:26:30", "text": "coming up it's right around the corner"}, {"start": "00:26:27", "end": "00:26:32", "text": "treasury secretary Capacent is freaking"}, {"start": "00:26:30", "end": "00:26:36", "text": "out right now. He's urging Clarity Act"}, {"start": "00:26:32", "end": "00:26:39", "text": "passage after the Senate returns. He"}, {"start": "00:26:36", "end": "00:26:41", "text": "strongly urges everyone to remain at the"}, {"start": "00:26:39", "end": "00:26:43", "text": "negotiating table, agree to the motion"}, {"start": "00:26:41", "end": "00:26:45", "text": "to proceed, and continue the legislative"}, {"start": "00:26:43", "end": "00:26:48", "text": "process, he said in a Wednesday post,"}, {"start": "00:26:45", "end": "00:26:50", "text": "warning that failing to pass the bill"}, {"start": "00:26:48", "end": "00:26:51", "text": "would send a troubling signal about"}, {"start": "00:26:50", "end": "00:26:54", "text": "America's leadership in the digital"}, {"start": "00:26:51", "end": "00:26:55", "text": "asset industry. Senate is scheduled to"}, {"start": "00:26:54", "end": "00:26:58", "text": "return from the August recess next"}, {"start": "00:26:55", "end": "00:27:00", "text": "Monday. According to its legislative"}, {"start": "00:26:58", "end": "00:27:01", "text": "schedule, the Clarity Act seeks to"}, {"start": "00:27:00", "end": "00:27:03", "text": "establish that first comprehensive"}, {"start": "00:27:01", "end": "00:27:06", "text": "regulatory framework for digital assets"}, {"start": "00:27:03", "end": "00:27:09", "text": "in the US."}, {"start": "00:27:06", "end": "00:27:14", "text": "I think that, you know, what we've seen"}, {"start": "00:27:09", "end": "00:27:18", "text": "right now is just a clear example of"}, {"start": "00:27:14", "end": "00:27:22", "text": "how useless elected officials truly are."}, {"start": "00:27:18", "end": "00:27:24", "text": "And the fact that they can just go on"}, {"start": "00:27:22", "end": "00:27:26", "text": "recess and really not figure anything"}, {"start": "00:27:24", "end": "00:27:28", "text": "out while you're in arguably what many"}, {"start": "00:27:26", "end": "00:27:31", "text": "call a massive war that the United"}, {"start": "00:27:28", "end": "00:27:34", "text": "States is in. We have debt going out of"}, {"start": "00:27:31", "end": "00:27:37", "text": "control. Mi middle to lower income is"}, {"start": "00:27:34", "end": "00:27:40", "text": "collapsing. Savings are collapsing. Debt"}, {"start": "00:27:37", "end": "00:27:42", "text": "on the average person is skyrocketing to"}, {"start": "00:27:40", "end": "00:27:45", "text": "the upside. They go on vacation. They go"}, {"start": "00:27:42", "end": "00:27:50", "text": "they got take a break, go on recess,"}, {"start": "00:27:45", "end": "00:27:51", "text": "reset. It's so insane. Um, Galaxy has"}, {"start": "00:27:50", "end": "00:27:54", "text": "reduced its odds on the Clarity Act's"}, {"start": "00:27:51", "end": "00:27:57", "text": "passing in 2026 several times over"}, {"start": "00:27:54", "end": "00:28:00", "text": "recent months. Now, it sits at a 10%"}, {"start": "00:27:57", "end": "00:28:04", "text": "likelihood that the Clarity Act is going"}, {"start": "00:28:00", "end": "00:28:07", "text": "to move forward. Jesus, that is just"}, {"start": "00:28:04", "end": "00:28:08", "text": "brutal. And this is me banking on the"}, {"start": "00:28:07", "end": "00:28:12", "text": "fact that the government is still"}, {"start": "00:28:08", "end": "00:28:14", "text": "useless. It's almost like a"}, {"start": "00:28:12", "end": "00:28:15", "text": "and that should be just my blanket"}, {"start": "00:28:14", "end": "00:28:17", "text": "statement goggles that I wear on"}, {"start": "00:28:15", "end": "00:28:20", "text": "anything that I want to put a bet on in"}, {"start": "00:28:17", "end": "00:28:23", "text": "Polymark is that it's all fake. It's all"}, {"start": "00:28:20", "end": "00:28:23", "text": "lame."}, {"start": "00:28:23", "end": "00:28:29", "text": "H this this and you know what? Honestly,"}, {"start": "00:28:26", "end": "00:28:30", "text": "here's probably what's going to happen."}, {"start": "00:28:29", "end": "00:28:33", "text": "So, this Clarity Act's probably not"}, {"start": "00:28:30", "end": "00:28:35", "text": "going to move forward, right? This is"}, {"start": "00:28:33", "end": "00:28:36", "text": "probably dead in the water. And as we"}, {"start": "00:28:35", "end": "00:28:38", "text": "see this play out over the next few"}, {"start": "00:28:36", "end": "00:28:41", "text": "years,"}, {"start": "00:28:38", "end": "00:28:45", "text": "the SEC and the CFTC have already made"}, {"start": "00:28:41", "end": "00:28:46", "text": "good workable parameters for how crypto"}, {"start": "00:28:45", "end": "00:28:47", "text": "can expand and operate here in the"}, {"start": "00:28:46", "end": "00:28:50", "text": "United States. They're already gotten"}, {"start": "00:28:47", "end": "00:28:52", "text": "started on it. And"}, {"start": "00:28:50", "end": "00:28:54", "text": "I think that it's actually much"}, {"start": "00:28:52", "end": "00:28:57", "text": "healthier for"}, {"start": "00:28:54", "end": "00:28:59", "text": "uh someone like Paul Atkins who is pro"}, {"start": "00:28:57", "end": "00:29:02", "text": "crypto and is not trying to gut or"}, {"start": "00:28:59", "end": "00:29:04", "text": "kneecap the DeFi industry. I think it's"}, {"start": "00:29:02", "end": "00:29:06", "text": "better that they actually set the"}, {"start": "00:29:04", "end": "00:29:09", "text": "current leadership of the SEC. I think"}, {"start": "00:29:06", "end": "00:29:11", "text": "is actually going to be beneficial for"}, {"start": "00:29:09", "end": "00:29:15", "text": "the clarity of the United States in"}, {"start": "00:29:11", "end": "00:29:18", "text": "crypto. If we can just see this DeFi"}, {"start": "00:29:15", "end": "00:29:21", "text": "kneecapping bill, the Clarity Act die"}, {"start": "00:29:18", "end": "00:29:23", "text": "and let the SEC and the CFTC build the"}, {"start": "00:29:21", "end": "00:29:25", "text": "parameters behind it, I think it's going"}, {"start": "00:29:23", "end": "00:29:27", "text": "to be much more beneficial for us"}, {"start": "00:29:25", "end": "00:29:30", "text": "because the Clarity Act as it sits right"}, {"start": "00:29:27", "end": "00:29:32", "text": "now is trash for DeFi industry. this is"}, {"start": "00:29:30", "end": "00:29:35", "text": "going to kneecap the DFI industry. And"}, {"start": "00:29:32", "end": "00:29:37", "text": "sometimes you got to take a"}, {"start": "00:29:35", "end": "00:29:38", "text": "couple steps back to move many steps"}, {"start": "00:29:37", "end": "00:29:42", "text": "forward. And I think that's what we're"}, {"start": "00:29:38", "end": "00:29:44", "text": "seeing right now on the uh on the"}, {"start": "00:29:42", "end": "00:29:46", "text": "general, you know, kind of flow of where"}, {"start": "00:29:44", "end": "00:29:47", "text": "this Clarity Act is going. I'm not"}, {"start": "00:29:46", "end": "00:29:50", "text": "sitting here begging for the government"}, {"start": "00:29:47", "end": "00:29:52", "text": "to come save my bags either. I think"}, {"start": "00:29:50", "end": "00:29:55", "text": "that the SEC that we have right now, the"}, {"start": "00:29:52", "end": "00:29:57", "text": "leadership there is just fine to give"}, {"start": "00:29:55", "end": "00:29:59", "text": "good reasonable working space for these"}, {"start": "00:29:57", "end": "00:30:01", "text": "companies here in the US. Brian"}, {"start": "00:29:59", "end": "00:30:02", "text": "Armstrong, he doesn't seem too concerned"}, {"start": "00:30:01", "end": "00:30:05", "text": "about things. He's saying that Bitcoin"}, {"start": "00:30:02", "end": "00:30:06", "text": "has bottomed for the current cycle and"}, {"start": "00:30:05", "end": "00:30:10", "text": "expects an uptrend over the next two"}, {"start": "00:30:06", "end": "00:30:12", "text": "years. The Baldwin has spoken. Uh bald"}, {"start": "00:30:10", "end": "00:30:14", "text": "and beautiful. Mr. Brian Armstrong"}, {"start": "00:30:12", "end": "00:30:17", "text": "believes that Bitcoin is in that"}, {"start": "00:30:14", "end": "00:30:19", "text": "bottoming cycle right now. Says it's"}, {"start": "00:30:17", "end": "00:30:22", "text": "going to trend higher on the next two"}, {"start": "00:30:19", "end": "00:30:23", "text": "years leading into the first next or the"}, {"start": "00:30:22", "end": "00:30:25", "text": "next having for Bitcoin rather. He"}, {"start": "00:30:23", "end": "00:30:27", "text": "personally thinks we've seen the bottom."}, {"start": "00:30:25", "end": "00:30:28", "text": "Uh I said on a Thursday interview with"}, {"start": "00:30:27", "end": "00:30:30", "text": "Bloomberg television, it's going to"}, {"start": "00:30:28", "end": "00:30:33", "text": "start to uptrend over the next coming"}, {"start": "00:30:30", "end": "00:30:34", "text": "year or two as we reach the next having"}, {"start": "00:30:33", "end": "00:30:38", "text": "event. Now the next having event for"}, {"start": "00:30:34", "end": "00:30:41", "text": "Bitcoin is in I believe slated to be"}, {"start": "00:30:38", "end": "00:30:43", "text": "April of 2028, right? So we got a while"}, {"start": "00:30:41", "end": "00:30:45", "text": "until the next having event. I mean,"}, {"start": "00:30:43", "end": "00:30:48", "text": "when you really really map this out,"}, {"start": "00:30:45", "end": "00:30:49", "text": "we're so zoomed in on the shorter time"}, {"start": "00:30:48", "end": "00:30:52", "text": "frames. And, you know, I'm I'm guilty of"}, {"start": "00:30:49", "end": "00:30:55", "text": "it, too. When I'm trading, I get quite"}, {"start": "00:30:52", "end": "00:30:59", "text": "zoomed in, but that April 2028 time"}, {"start": "00:30:55", "end": "00:31:00", "text": "frame is pretty far out here. Let's see."}, {"start": "00:30:59", "end": "00:31:05", "text": "God, it doesn't even give me somewhere"}, {"start": "00:31:00", "end": "00:31:08", "text": "around there. Um, you know, if we do"}, {"start": "00:31:05", "end": "00:31:10", "text": "breach all-time highs, and this is a"}, {"start": "00:31:08", "end": "00:31:12", "text": "great question. Is it reasonable to"}, {"start": "00:31:10", "end": "00:31:13", "text": "think that we could breach all I think"}, {"start": "00:31:12", "end": "00:31:15", "text": "we're going to break our previous"}, {"start": "00:31:13", "end": "00:31:16", "text": "all-time high before the next having"}, {"start": "00:31:15", "end": "00:31:19", "text": "too?"}, {"start": "00:31:16", "end": "00:31:21", "text": "I think that the quickening is upon"}, {"start": "00:31:19", "end": "00:31:24", "text": "Bitcoin"}, {"start": "00:31:21", "end": "00:31:26", "text": "because we had our having around April"}, {"start": "00:31:24", "end": "00:31:28", "text": "24. We breached the all-time high by a"}, {"start": "00:31:26", "end": "00:31:30", "text": "couple of months, maybe a month or two"}, {"start": "00:31:28", "end": "00:31:34", "text": "before the all-time high. I could see us"}, {"start": "00:31:30", "end": "00:31:36", "text": "hitting it two, three, maybe even four"}, {"start": "00:31:34", "end": "00:31:37", "text": "months early. I think we could actually"}, {"start": "00:31:36", "end": "00:31:39", "text": "do that. I think we could breach the"}, {"start": "00:31:37", "end": "00:31:42", "text": "all-time high by the end of 27. And"}, {"start": "00:31:39", "end": "00:31:44", "text": "honestly, with the way that this market"}, {"start": "00:31:42", "end": "00:31:46", "text": "is going,"}, {"start": "00:31:44", "end": "00:31:50", "text": "each weight that you have to have from"}, {"start": "00:31:46", "end": "00:31:52", "text": "the previous kind of high to the extreme"}, {"start": "00:31:50", "end": "00:31:54", "text": "low, it's getting shorter. The weights"}, {"start": "00:31:52", "end": "00:31:55", "text": "are getting shorter. And let's actually,"}, {"start": "00:31:54", "end": "00:31:58", "text": "while I'm on the Bitcoin chart, let's"}, {"start": "00:31:55", "end": "00:32:01", "text": "look at where that 50 SMA is landing on"}, {"start": "00:31:58", "end": "00:32:04", "text": "the daily and weekly time frame. It's on"}, {"start": "00:32:01", "end": "00:32:06", "text": "the That's the 50 close and the 200. We"}, {"start": "00:32:04", "end": "00:32:08", "text": "got that golden cross, right? And"}, {"start": "00:32:06", "end": "00:32:09", "text": "honest, we covered it yesterday. That"}, {"start": "00:32:08", "end": "00:32:11", "text": "golden cross usually ends up with a"}, {"start": "00:32:09", "end": "00:32:13", "text": "little bit of headwind. Historically,"}, {"start": "00:32:11", "end": "00:32:16", "text": "it's given us around a 10% headwind uh"}, {"start": "00:32:13", "end": "00:32:18", "text": "to the downside once that golden cross"}, {"start": "00:32:16", "end": "00:32:20", "text": "clips over. And let's go check this out"}, {"start": "00:32:18", "end": "00:32:22", "text": "on the weekly time frame here to see"}, {"start": "00:32:20", "end": "00:32:24", "text": "where this moving average is landing."}, {"start": "00:32:22", "end": "00:32:27", "text": "Let's see where we're landing. A brutal"}, {"start": "00:32:24", "end": "00:32:29", "text": "weekly candle, too. Not a good look."}, {"start": "00:32:27", "end": "00:32:32", "text": "That weekly"}, {"start": "00:32:29", "end": "00:32:36", "text": "bearish engulfing candle, not a great"}, {"start": "00:32:32", "end": "00:32:38", "text": "look. this 50 uh 50 SMA landing right"}, {"start": "00:32:36", "end": "00:32:40", "text": "there at about let's highlight it so we"}, {"start": "00:32:38", "end": "00:32:42", "text": "can see"}, {"start": "00:32:40", "end": "00:32:46", "text": "around 796"}, {"start": "00:32:42", "end": "00:32:49", "text": "796 right now. So we are well below that"}, {"start": "00:32:46", "end": "00:32:52", "text": "for the time being 772"}, {"start": "00:32:49", "end": "00:32:54", "text": "and uh you know locally"}, {"start": "00:32:52", "end": "00:32:56", "text": "are we rolling over from this kind of"}, {"start": "00:32:54", "end": "00:32:59", "text": "local spot here. I can delete that. I"}, {"start": "00:32:56", "end": "00:33:00", "text": "killed that trade. We're coming up to"}, {"start": "00:32:59", "end": "00:33:02", "text": "the cross. I do like these moving"}, {"start": "00:33:00", "end": "00:33:05", "text": "averages to just kind of work on the"}, {"start": "00:33:02", "end": "00:33:06", "text": "trend as I'm already in a trade. I'm"}, {"start": "00:33:05", "end": "00:33:07", "text": "glad I clipped that though because I got"}, {"start": "00:33:06", "end": "00:33:09", "text": "a lot of stuff to cover here. And"}, {"start": "00:33:07", "end": "00:33:10", "text": "altcoins, the altcoin sector is"}, {"start": "00:33:09", "end": "00:33:13", "text": "something that I really need to start"}, {"start": "00:33:10", "end": "00:33:15", "text": "mapping out at the end of this show. Um"}, {"start": "00:33:13", "end": "00:33:16", "text": "because I'm getting an itch of I I saw"}, {"start": "00:33:15", "end": "00:33:19", "text": "someone in the chat comment they're"}, {"start": "00:33:16", "end": "00:33:21", "text": "getting FOMO right now. I feel the FOMO,"}, {"start": "00:33:19", "end": "00:33:23", "text": "too. Like the pullbacks"}, {"start": "00:33:21", "end": "00:33:25", "text": "the pullbacks give me FOMO in this"}, {"start": "00:33:23", "end": "00:33:26", "text": "environment. So, I'm going to be doing a"}, {"start": "00:33:25", "end": "00:33:28", "text": "little bit of live shopping and snooping"}, {"start": "00:33:26", "end": "00:33:30", "text": "around the altcoin sector. I'm liking"}, {"start": "00:33:28", "end": "00:33:31", "text": "how Brian Armstrong is feeling like"}, {"start": "00:33:30", "end": "00:33:34", "text": "we're at the bottom of this cycle"}, {"start": "00:33:31", "end": "00:33:37", "text": "though. You know, I it he's a pretty"}, {"start": "00:33:34", "end": "00:33:39", "text": "smart fella. Um Armstrong pointed the"}, {"start": "00:33:37", "end": "00:33:43", "text": "growth beyond Bitcoin, saying stablecoin"}, {"start": "00:33:39", "end": "00:33:46", "text": "payments on base have increased 700%"}, {"start": "00:33:43", "end": "00:33:48", "text": "year-over-year, sat projections for that"}, {"start": "00:33:46", "end": "00:33:51", "text": "stable coin market to reach $3 trillion"}, {"start": "00:33:48", "end": "00:33:52", "text": "by 2030, while pointing to payments,"}, {"start": "00:33:51", "end": "00:33:56", "text": "tokenization, prediction markets, and"}, {"start": "00:33:52", "end": "00:33:58", "text": "agentic finance as four key areas for"}, {"start": "00:33:56", "end": "00:34:01", "text": "Coinbase to focus on heading into 2027."}, {"start": "00:33:58", "end": "00:34:02", "text": "Yeah, real world assets, AI, AI"}, {"start": "00:34:01", "end": "00:34:04", "text": "infrastructure. I mean, this is going to"}, {"start": "00:34:02", "end": "00:34:06", "text": "be a big portion of the uh crypto"}, {"start": "00:34:04", "end": "00:34:09", "text": "narrative for a pretty good amount of"}, {"start": "00:34:06", "end": "00:34:12", "text": "time. Um, moving forward here, and shout"}, {"start": "00:34:09", "end": "00:34:18", "text": "out to Hunter Biden. Hunter Biden"}, {"start": "00:34:12", "end": "00:34:21", "text": "had to do it in famous base head"}, {"start": "00:34:18", "end": "00:34:24", "text": "movement released a memecoin on the base"}, {"start": "00:34:21", "end": "00:34:26", "text": "network, none other than the base"}, {"start": "00:34:24", "end": "00:34:29", "text": "network, to roll out a rug pole just"}, {"start": "00:34:26", "end": "00:34:32", "text": "days before the final harrah for the"}, {"start": "00:34:29", "end": "00:34:34", "text": "Clarity Act. Hats off. Hats off."}, {"start": "00:34:32", "end": "00:34:38", "text": "Incredible. Incredible timing, Mr."}, {"start": "00:34:34", "end": "00:34:40", "text": "Hunter Biden. Now, let's talk about"}, {"start": "00:34:38", "end": "00:34:42", "text": "let's talk about altcoins. Uh, yeah,"}, {"start": "00:34:40", "end": "00:34:48", "text": "Hunter just wrecked them dens."}, {"start": "00:34:42", "end": "00:34:49", "text": "Absolutely. Uh, let's go here. Um, let's"}, {"start": "00:34:48", "end": "00:34:51", "text": "check out all coin dominance. So, this"}, {"start": "00:34:49", "end": "00:34:53", "text": "is from Matthew Highland. Great actual"}, {"start": "00:34:51", "end": "00:34:54", "text": "friend of the show, and he was on last"}, {"start": "00:34:53", "end": "00:34:56", "text": "week with some great highlights."}, {"start": "00:34:54", "end": "00:34:58", "text": "Dominance is now under the maximum"}, {"start": "00:34:56", "end": "00:35:01", "text": "pressure as altcoins are breaking a"}, {"start": "00:34:58", "end": "00:35:04", "text": "macro structure before Bitcoin for the"}, {"start": "00:35:01", "end": "00:35:06", "text": "first time in 5 years. Now earlier this"}, {"start": "00:35:04", "end": "00:35:07", "text": "week I was highlighting how sticky"}, {"start": "00:35:06", "end": "00:35:10", "text": "Ethereum and a lot of altcoins were"}, {"start": "00:35:07", "end": "00:35:12", "text": "being even as Bitcoin ran into its own"}, {"start": "00:35:10", "end": "00:35:13", "text": "headwinds. It is a very interesting"}, {"start": "00:35:12", "end": "00:35:17", "text": "thing to think about. The Ballinger"}, {"start": "00:35:13", "end": "00:35:20", "text": "bands they constrict and cause a massive"}, {"start": "00:35:17", "end": "00:35:21", "text": "massive price movement once these bands"}, {"start": "00:35:20", "end": "00:35:24", "text": "constrict. And honestly, this looks like"}, {"start": "00:35:21", "end": "00:35:26", "text": "the tightest constriction we've seen. I"}, {"start": "00:35:24", "end": "00:35:28", "text": "mean, of com This is the tightest"}, {"start": "00:35:26", "end": "00:35:31", "text": "constriction I've I'm seeing on this"}, {"start": "00:35:28", "end": "00:35:34", "text": "entire history. And this is logarithmic"}, {"start": "00:35:31", "end": "00:35:36", "text": "from 2015. All right. So, logarithmic."}, {"start": "00:35:34", "end": "00:35:38", "text": "Take it or leave it. But the"}, {"start": "00:35:36", "end": "00:35:39", "text": "constriction on the Ballinger bands and"}, {"start": "00:35:38", "end": "00:35:42", "text": "kind of the pressure built up in the"}, {"start": "00:35:39", "end": "00:35:45", "text": "pressure cooker on all coins is very,"}, {"start": "00:35:42", "end": "00:35:46", "text": "very strong right now. And so with that"}, {"start": "00:35:45", "end": "00:35:48", "text": "being said, you know, there's going to"}, {"start": "00:35:46", "end": "00:35:50", "text": "be a list of different altcoins that I"}, {"start": "00:35:48", "end": "00:35:53", "text": "want to map out and kind of do some"}, {"start": "00:35:50", "end": "00:35:55", "text": "fresh DA on in today's show. This is the"}, {"start": "00:35:53", "end": "00:35:57", "text": "latest DeFi developments from DeFi"}, {"start": "00:35:55", "end": "00:36:00", "text": "investor. We have a app coming in and"}, {"start": "00:35:57", "end": "00:36:02", "text": "rolling out the savings mobile app"}, {"start": "00:36:00", "end": "00:36:03", "text": "becoming available in early access."}, {"start": "00:36:02", "end": "00:36:05", "text": "Pendle launching that tokenized stock"}, {"start": "00:36:03", "end": "00:36:07", "text": "dividend movement. Pendle is a very"}, {"start": "00:36:05", "end": "00:36:09", "text": "interesting project. Hasn't hit my radar"}, {"start": "00:36:07", "end": "00:36:11", "text": "in terms of buying yet, but uh feel like"}, {"start": "00:36:09", "end": "00:36:13", "text": "I should start mapping that one out once"}, {"start": "00:36:11", "end": "00:36:15", "text": "again. Jupiter announced the Jupiter"}, {"start": "00:36:13", "end": "00:36:18", "text": "vaults yield the strategy managed by"}, {"start": "00:36:15", "end": "00:36:20", "text": "their experts and we have Ethereum"}, {"start": "00:36:18", "end": "00:36:23", "text": "announcing plans to enable paying gas"}, {"start": "00:36:20", "end": "00:36:24", "text": "fees in stable coins. Uh layer zero with"}, {"start": "00:36:23", "end": "00:36:25", "text": "a little movement. Morphobe midnight we"}, {"start": "00:36:24", "end": "00:36:27", "text": "already talked about that the other"}, {"start": "00:36:25", "end": "00:36:29", "text": "stuff's kind of smaller. Salana"}, {"start": "00:36:27", "end": "00:36:31", "text": "releasing payment channels though which"}, {"start": "00:36:29", "end": "00:36:34", "text": "can process a million payments per"}, {"start": "00:36:31", "end": "00:36:39", "text": "second. Salana's positioning for that AI"}, {"start": "00:36:34", "end": "00:36:41", "text": "agent run uh AI agent run on Salana is"}, {"start": "00:36:39", "end": "00:36:42", "text": "very very interesting. Aer Drrome not"}, {"start": "00:36:41", "end": "00:36:44", "text": "giving up much. We'll check out Aer"}, {"start": "00:36:42", "end": "00:36:47", "text": "Drrome. I know that we popped to like 63"}, {"start": "00:36:44", "end": "00:36:49", "text": "cents. Pull back down into the mid50s"}, {"start": "00:36:47", "end": "00:36:52", "text": "felt painful, but it's just something"}, {"start": "00:36:49", "end": "00:36:55", "text": "that we uh you know, we just deserve."}, {"start": "00:36:52", "end": "00:36:57", "text": "When we rise that fast, you got to"}, {"start": "00:36:55", "end": "00:36:59", "text": "expect some sort of calm down in the"}, {"start": "00:36:57", "end": "00:37:01", "text": "altcoin sector. So, let's go over to"}, {"start": "00:36:59", "end": "00:37:04", "text": "Coin Market Cap and get snooping around"}, {"start": "00:37:01", "end": "00:37:06", "text": "on these alts. This kind of a funner"}, {"start": "00:37:04", "end": "00:37:09", "text": "part of my job when we're entering the"}, {"start": "00:37:06", "end": "00:37:11", "text": "honestly I will say this. This is the"}, {"start": "00:37:09", "end": "00:37:13", "text": "funnest part of my job when we're in a"}, {"start": "00:37:11", "end": "00:37:16", "text": "bare market but we're coiling up to get"}, {"start": "00:37:13", "end": "00:37:19", "text": "out of the bare market and setting up"}, {"start": "00:37:16", "end": "00:37:20", "text": "that great opportunity. This is the best"}, {"start": "00:37:19", "end": "00:37:21", "text": "part of it. You know, it may not feel"}, {"start": "00:37:20", "end": "00:37:25", "text": "like it because everyone kind of gives"}, {"start": "00:37:21", "end": "00:37:27", "text": "up on the idea of crypto, but for me"}, {"start": "00:37:25", "end": "00:37:29", "text": "it's incredible. So, we're down by 1.7"}, {"start": "00:37:27", "end": "00:37:31", "text": "on Bitcoin. Let's look at the top"}, {"start": "00:37:29", "end": "00:37:34", "text": "gainers here and see if anything sticks"}, {"start": "00:37:31", "end": "00:37:38", "text": "out in terms of someone pumping against"}, {"start": "00:37:34", "end": "00:37:40", "text": "the grain. Vchain up by 22% on the week."}, {"start": "00:37:38", "end": "00:37:42", "text": "It's putting up a 9% gain on the day."}, {"start": "00:37:40", "end": "00:37:47", "text": "CASP is still holding on to its pump."}, {"start": "00:37:42", "end": "00:37:49", "text": "It's up by about 3.5% 26%. Not bad."}, {"start": "00:37:47", "end": "00:37:51", "text": "Falcon Finance. This one has been"}, {"start": "00:37:49", "end": "00:37:52", "text": "running. I don't mean to pick on this"}, {"start": "00:37:51", "end": "00:37:54", "text": "one for the randomness of it, but I've"}, {"start": "00:37:52", "end": "00:37:58", "text": "been seeing this thing. It ran from 8"}, {"start": "00:37:54", "end": "00:38:00", "text": "cents to about 16 cents recently. very"}, {"start": "00:37:58", "end": "00:38:02", "text": "down on the all-time chart going back to"}, {"start": "00:38:00", "end": "00:38:04", "text": "they released at like the literal worst"}, {"start": "00:38:02", "end": "00:38:08", "text": "time you could have possibly released a"}, {"start": "00:38:04", "end": "00:38:11", "text": "token September of 2025. Jeez Louise. Um"}, {"start": "00:38:08", "end": "00:38:14", "text": "strong swoop up though. Strong swoop up."}, {"start": "00:38:11", "end": "00:38:16", "text": "This is kind of interesting. This is a"}, {"start": "00:38:14", "end": "00:38:19", "text": "smaller market cap. It's a half a"}, {"start": "00:38:16", "end": "00:38:21", "text": "billion dollars volume way down. It's"}, {"start": "00:38:19", "end": "00:38:22", "text": "probably helping it slice through that"}, {"start": "00:38:21", "end": "00:38:24", "text": "movement here. Got to start paying"}, {"start": "00:38:22", "end": "00:38:26", "text": "attention to that a little bit more. But"}, {"start": "00:38:24", "end": "00:38:30", "text": "a project that I know I want to look at"}, {"start": "00:38:26", "end": "00:38:32", "text": "first and foremost is Near Protocol."}, {"start": "00:38:30", "end": "00:38:34", "text": "Near Protocol, we've talked about kind"}, {"start": "00:38:32", "end": "00:38:36", "text": "of the foundational connections it's"}, {"start": "00:38:34", "end": "00:38:38", "text": "built out for himself, which I do enjoy."}, {"start": "00:38:36", "end": "00:38:42", "text": "The intense system on Near hooked into"}, {"start": "00:38:38", "end": "00:38:43", "text": "Zcash, uh, hooked into privacy AI. It's"}, {"start": "00:38:42", "end": "00:38:45", "text": "it's riding a couple different"}, {"start": "00:38:43", "end": "00:38:48", "text": "narratives. Now,"}, {"start": "00:38:45", "end": "00:38:50", "text": "just from a coin market cap perspective,"}, {"start": "00:38:48", "end": "00:38:53", "text": "let's get this. So, it's at a $3.1"}, {"start": "00:38:50", "end": "00:38:55", "text": "billion market cap right now. Uh, fully"}, {"start": "00:38:53", "end": "00:38:57", "text": "diluted. We still got we got basically"}, {"start": "00:38:55", "end": "00:38:59", "text": "all the tokens circulating which is"}, {"start": "00:38:57", "end": "00:39:01", "text": "good. It doesn't have that tokconomic"}, {"start": "00:38:59", "end": "00:39:04", "text": "release pressure on its on its back"}, {"start": "00:39:01", "end": "00:39:06", "text": "anymore. Let's go to near."}, {"start": "00:39:04", "end": "00:39:08", "text": "Let's go to USDT."}, {"start": "00:39:06", "end": "00:39:09", "text": "So, I know I've been mapping this one"}, {"start": "00:39:08", "end": "00:39:14", "text": "out for a little bit of time on the"}, {"start": "00:39:09", "end": "00:39:17", "text": "larger time frames. Here we go. So, this"}, {"start": "00:39:14", "end": "00:39:19", "text": "is kind of the uh value area low marked"}, {"start": "00:39:17", "end": "00:39:22", "text": "out here at $150. value area high at"}, {"start": "00:39:19", "end": "00:39:22", "text": "about 298."}, {"start": "00:39:23", "end": "00:39:28", "text": "Yeah. Let's see here. So,"}, {"start": "00:39:27", "end": "00:39:31", "text": "near"}, {"start": "00:39:28", "end": "00:39:33", "text": "it. It hasn't done a vibe check. I mean,"}, {"start": "00:39:31", "end": "00:39:36", "text": "honestly, it already kind of did at"}, {"start": "00:39:33", "end": "00:39:38", "text": "that$180 mark. Let's look at the money"}, {"start": "00:39:36", "end": "00:39:40", "text": "flow and see where near could be headed"}, {"start": "00:39:38", "end": "00:39:43", "text": "because it's definitely waking up. This"}, {"start": "00:39:40", "end": "00:39:45", "text": "is one of the ones that has a better"}, {"start": "00:39:43", "end": "00:39:47", "text": "kind of internal structure that I've"}, {"start": "00:39:45", "end": "00:39:50", "text": "seen lately on the daily. It's in the"}, {"start": "00:39:47", "end": "00:39:52", "text": "green on money flow. In the green on"}, {"start": "00:39:50", "end": "00:39:54", "text": "money flow,"}, {"start": "00:39:52", "end": "00:39:56", "text": "VWAP coming back down to the negative"}, {"start": "00:39:54", "end": "00:39:58", "text": "didn't affect the money flow being to"}, {"start": "00:39:56", "end": "00:40:00", "text": "the upside very much at all, which is"}, {"start": "00:39:58", "end": "00:40:02", "text": "very important."}, {"start": "00:40:00", "end": "00:40:04", "text": "Let's see the weekly time frame just"}, {"start": "00:40:02", "end": "00:40:06", "text": "now. And see, this is another thing that"}, {"start": "00:40:04", "end": "00:40:08", "text": "caught my eye is we were trying to make"}, {"start": "00:40:06", "end": "00:40:10", "text": "that swoop back into the green money"}, {"start": "00:40:08", "end": "00:40:14", "text": "flow very quickly. It's running into a"}, {"start": "00:40:10", "end": "00:40:16", "text": "little bit of turbulence right now,"}, {"start": "00:40:14", "end": "00:40:17", "text": "but I mean, honestly, let's pull a fib."}, {"start": "00:40:16", "end": "00:40:19", "text": "Let's check out where the Let's check"}, {"start": "00:40:17", "end": "00:40:21", "text": "where the golden pocket is. Okay, so"}, {"start": "00:40:19", "end": "00:40:24", "text": "let's get rid of this volume range."}, {"start": "00:40:21", "end": "00:40:27", "text": "Let's check out the fib."}, {"start": "00:40:24", "end": "00:40:30", "text": "Let's go from this down to the bottom."}, {"start": "00:40:27", "end": "00:40:33", "text": "Let's check out the golden to GP."}, {"start": "00:40:30", "end": "00:40:36", "text": "This turbulence at around 270. Very"}, {"start": "00:40:33", "end": "00:40:38", "text": "notable. We got a punch above 270 about"}, {"start": "00:40:36", "end": "00:40:41", "text": "280 actually because you're matching up"}, {"start": "00:40:38", "end": "00:40:44", "text": "with a moving average here. 200 SMA"}, {"start": "00:40:41", "end": "00:40:46", "text": "moving average. So breaking 280 with"}, {"start": "00:40:44", "end": "00:40:47", "text": "conviction."}, {"start": "00:40:46", "end": "00:40:49", "text": "uh is going to be super important for NE"}, {"start": "00:40:47", "end": "00:40:51", "text": "to be able to pull off over the weekend"}, {"start": "00:40:49", "end": "00:40:54", "text": "if it wants to close these weekly week"}, {"start": "00:40:51", "end": "00:40:56", "text": "weekly candles with strength. I mean, we"}, {"start": "00:40:54", "end": "00:40:58", "text": "need to punch above that 290 mark"}, {"start": "00:40:56", "end": "00:41:00", "text": "essentially come back down, prove it as"}, {"start": "00:40:58", "end": "00:41:04", "text": "support to keep cooking to the upside."}, {"start": "00:41:00", "end": "00:41:08", "text": "The golden pocket where is not too crazy"}, {"start": "00:41:04", "end": "00:41:11", "text": "of a target to have from this local wash"}, {"start": "00:41:08", "end": "00:41:13", "text": "out is about $6. It's 240 right now. So"}, {"start": "00:41:11", "end": "00:41:16", "text": "there is some there's definitely some"}, {"start": "00:41:13", "end": "00:41:18", "text": "upside I think for near. Um it's making"}, {"start": "00:41:16", "end": "00:41:20", "text": "its way back to this is another"}, {"start": "00:41:18", "end": "00:41:23", "text": "important part about this. So this is an"}, {"start": "00:41:20", "end": "00:41:24", "text": "altcoin that rode the trend with vast"}, {"start": "00:41:23", "end": "00:41:27", "text": "majority of other altcoins where you set"}, {"start": "00:41:24", "end": "00:41:30", "text": "lower highs last bull market."}, {"start": "00:41:27", "end": "00:41:32", "text": "Looking at how quickly it's trying to"}, {"start": "00:41:30", "end": "00:41:35", "text": "reclaim that and come back to test that"}, {"start": "00:41:32", "end": "00:41:38", "text": "trend line. You know there's going to be"}, {"start": "00:41:35", "end": "00:41:39", "text": "some altcoins where this structure is"}, {"start": "00:41:38", "end": "00:41:41", "text": "existent on them right now. There are"}, {"start": "00:41:39", "end": "00:41:44", "text": "going to be some altcoins that are able"}, {"start": "00:41:41", "end": "00:41:47", "text": "to break that move up and breach and"}, {"start": "00:41:44", "end": "00:41:49", "text": "create a larger W pattern. I think that"}, {"start": "00:41:47", "end": "00:41:50", "text": "that is going to be the case for a"}, {"start": "00:41:49", "end": "00:41:52", "text": "couple different altcoins. So,"}, {"start": "00:41:50", "end": "00:41:55", "text": "identifying the ones that are going to"}, {"start": "00:41:52", "end": "00:41:58", "text": "be that way. Um, you know, in this"}, {"start": "00:41:55", "end": "00:42:01", "text": "environment, super super important."}, {"start": "00:41:58", "end": "00:42:04", "text": "Let's go through the chat here. Uh, plan"}, {"start": "00:42:01", "end": "00:42:07", "text": "to become quantum resistant. Don't get"}, {"start": "00:42:04", "end": "00:42:10", "text": "me wrong, bolt-on like area. Uh, check"}, {"start": "00:42:07", "end": "00:42:12", "text": "DRB, please. All right, I'll check out"}, {"start": "00:42:10", "end": "00:42:14", "text": "DRB. I'll figure out what that is. Um,"}, {"start": "00:42:12", "end": "00:42:17", "text": "yeah, I've never heard of DRB, so I'm"}, {"start": "00:42:14", "end": "00:42:20", "text": "not ready to kind of do that hype uh hot"}, {"start": "00:42:17", "end": "00:42:23", "text": "on the show here. Litecoin to $1,000."}, {"start": "00:42:20", "end": "00:42:27", "text": "Imagine the smell. You know what?"}, {"start": "00:42:23", "end": "00:42:29", "text": "You know what? Litecoin, let's look."}, {"start": "00:42:27", "end": "00:42:32", "text": "Litecoin is just"}, {"start": "00:42:29", "end": "00:42:35", "text": "Let me guess. I'm going to guess"}, {"start": "00:42:32", "end": "00:42:37", "text": "uh 70 bucks,"}, {"start": "00:42:35", "end": "00:42:40", "text": "50 bucks. Oh my god. I haven't looked at"}, {"start": "00:42:37", "end": "00:42:41", "text": "this chart in a little while. Jeez."}, {"start": "00:42:40", "end": "00:42:45", "text": "Where's the momentum? Litecoin. This"}, {"start": "00:42:41", "end": "00:42:48", "text": "looks like Cardono. Hold on."}, {"start": "00:42:45", "end": "00:42:52", "text": "We're We're going back down."}, {"start": "00:42:48", "end": "00:42:55", "text": "What are these? 2019 lows. 2022 lows."}, {"start": "00:42:52", "end": "00:42:58", "text": "The lows each cycle matching each other"}, {"start": "00:42:55", "end": "00:43:01", "text": "are not great. I got to say that."}, {"start": "00:42:58", "end": "00:43:03", "text": "Got to say that. Maybe I can get more"}, {"start": "00:43:01", "end": "00:43:05", "text": "price data on another. Maybe OKX. Yeah,"}, {"start": "00:43:03", "end": "00:43:08", "text": "here we go. a little bit more price"}, {"start": "00:43:05", "end": "00:43:11", "text": "data."}, {"start": "00:43:08", "end": "00:43:13", "text": "Litecoin's not looking that bad from a"}, {"start": "00:43:11", "end": "00:43:15", "text": "weekly money flow perspective. It's not"}, {"start": "00:43:13", "end": "00:43:18", "text": "looking horrid."}, {"start": "00:43:15", "end": "00:43:22", "text": "Very deep. Very deep. And that's another"}, {"start": "00:43:18", "end": "00:43:23", "text": "thing I want to say this. I if you're"}, {"start": "00:43:22", "end": "00:43:26", "text": "sitting here looking at all these"}, {"start": "00:43:23", "end": "00:43:29", "text": "charts, be like, I don't know. It wasn't"}, {"start": "00:43:26", "end": "00:43:31", "text": "that bad of a bare market. We probably"}, {"start": "00:43:29", "end": "00:43:34", "text": "got to go much much lower because this"}, {"start": "00:43:31", "end": "00:43:37", "text": "bare market really didn't hit. I'm gonna"}, {"start": "00:43:34", "end": "00:43:40", "text": "just clarify this for you guys right"}, {"start": "00:43:37", "end": "00:43:41", "text": "now, okay? Because it I've looked at"}, {"start": "00:43:40", "end": "00:43:42", "text": "this from a few different perspectives."}, {"start": "00:43:41", "end": "00:43:44", "text": "Like when I look at the charts, I'm"}, {"start": "00:43:42", "end": "00:43:46", "text": "looking at money flow a lot. I'll show"}, {"start": "00:43:44", "end": "00:43:47", "text": "you on the Bitcoin chart in particular,"}, {"start": "00:43:46", "end": "00:43:50", "text": "though, because the Bitcoin chart is"}, {"start": "00:43:47", "end": "00:43:51", "text": "really the the driving factor behind the"}, {"start": "00:43:50", "end": "00:43:54", "text": "excitement coming back. Like Bitcoin"}, {"start": "00:43:51", "end": "00:43:55", "text": "breaches 100K, everyone's going to love"}, {"start": "00:43:54", "end": "00:43:57", "text": "you for telling them about crypto for"}, {"start": "00:43:55", "end": "00:44:01", "text": "right now. They hate you because it's"}, {"start": "00:43:57", "end": "00:44:05", "text": "down. Let's go to Bitcoin on regular"}, {"start": "00:44:01", "end": "00:44:06", "text": "fiat trash measurement here."}, {"start": "00:44:05", "end": "00:44:10", "text": "USD."}, {"start": "00:44:06", "end": "00:44:12", "text": "Let's go. So, the bare market looked"}, {"start": "00:44:10", "end": "00:44:15", "text": "shallow when we're looking at money flow"}, {"start": "00:44:12", "end": "00:44:16", "text": "downturn, right? It really does. When"}, {"start": "00:44:15", "end": "00:44:20", "text": "you're looking at the money flow"}, {"start": "00:44:16", "end": "00:44:23", "text": "downturn for this cycle, these look like"}, {"start": "00:44:20", "end": "00:44:27", "text": "very tiny beginnings to what's to come"}, {"start": "00:44:23", "end": "00:44:29", "text": "on the bare market, but it's on a weekly"}, {"start": "00:44:27", "end": "00:44:31", "text": "time frame. And another measurement that"}, {"start": "00:44:29", "end": "00:44:32", "text": "I very much so like using for this very"}, {"start": "00:44:31", "end": "00:44:35", "text": "reason to have multiple points of"}, {"start": "00:44:32", "end": "00:44:38", "text": "confluence is the MACD on the twoe time"}, {"start": "00:44:35", "end": "00:44:39", "text": "frame. something we stumbled across last"}, {"start": "00:44:38", "end": "00:44:42", "text": "week that I don't think enough people"}, {"start": "00:44:39", "end": "00:44:44", "text": "heard because there's still people"}, {"start": "00:44:42", "end": "00:44:47", "text": "screeching at me for lower lows and just"}, {"start": "00:44:44", "end": "00:44:49", "text": "mass chaos and death and destruction. So"}, {"start": "00:44:47", "end": "00:44:53", "text": "when you look at Bitcoin on the twoe"}, {"start": "00:44:49", "end": "00:44:56", "text": "time frame, just looking at the MACD,"}, {"start": "00:44:53", "end": "00:44:58", "text": "literally just looking at the MACD,"}, {"start": "00:44:56", "end": "00:45:00", "text": "you're going to see that this bare"}, {"start": "00:44:58", "end": "00:45:03", "text": "market that we are going through right"}, {"start": "00:45:00", "end": "00:45:05", "text": "now is well big enough to be in line"}, {"start": "00:45:03", "end": "00:45:07", "text": "with bare markets of the past. It's"}, {"start": "00:45:05", "end": "00:45:09", "text": "actually exceeded the bare market of"}, {"start": "00:45:07", "end": "00:45:11", "text": "2022 in terms of the downturn on the"}, {"start": "00:45:09", "end": "00:45:14", "text": "MACD when you're measuring from a bigger"}, {"start": "00:45:11", "end": "00:45:15", "text": "time frame the two week. So when you're"}, {"start": "00:45:14", "end": "00:45:17", "text": "getting more data and you're"}, {"start": "00:45:15", "end": "00:45:20", "text": "understanding the greater pain that's"}, {"start": "00:45:17", "end": "00:45:23", "text": "felt in the bare market that we have"}, {"start": "00:45:20", "end": "00:45:26", "text": "right now the pain has absolutely the"}, {"start": "00:45:23", "end": "00:45:29", "text": "pain is in the rear view mirror. The"}, {"start": "00:45:26", "end": "00:45:31", "text": "pain was back here right in the 60"}, {"start": "00:45:29", "end": "00:45:33", "text": "$60,000 region where everyone's like no"}, {"start": "00:45:31", "end": "00:45:36", "text": "no TJ Drew you're wrong. We're going to"}, {"start": "00:45:33", "end": "00:45:38", "text": "hell. It's the end of the world. The"}, {"start": "00:45:36", "end": "00:45:40", "text": "pain is absolutely there though. It may"}, {"start": "00:45:38", "end": "00:45:42", "text": "not look like it on the time frame. When"}, {"start": "00:45:40", "end": "00:45:44", "text": "you're looking at Bitcoin on the two"}, {"start": "00:45:42", "end": "00:45:46", "text": "week time frame and money, it doesn't"}, {"start": "00:45:44", "end": "00:45:47", "text": "look like, you know, this massive"}, {"start": "00:45:46", "end": "00:45:52", "text": "capitulation. But honestly, how could"}, {"start": "00:45:47", "end": "00:45:53", "text": "you look at this setup with this setup"}, {"start": "00:45:52", "end": "00:45:56", "text": "and not"}, {"start": "00:45:53", "end": "00:45:58", "text": "find reminiscence in this? How do you"}, {"start": "00:45:56", "end": "00:46:01", "text": "look at this and ignore the comparison"}, {"start": "00:45:58", "end": "00:46:04", "text": "there? I mean, they're beautiful,"}, {"start": "00:46:01", "end": "00:46:06", "text": "beautiful comparison. And you know, I"}, {"start": "00:46:04", "end": "00:46:09", "text": "don't like to use data from markets"}, {"start": "00:46:06", "end": "00:46:11", "text": "where they're like $10 billion market"}, {"start": "00:46:09", "end": "00:46:13", "text": "cap to overlay over the 1.6 trillion"}, {"start": "00:46:11", "end": "00:46:14", "text": "we're at right now. I just feel like"}, {"start": "00:46:13", "end": "00:46:17", "text": "that's a little dishonest with the"}, {"start": "00:46:14", "end": "00:46:20", "text": "reality. But we have"}, {"start": "00:46:17", "end": "00:46:24", "text": "uh we have absolutely hit the extreme"}, {"start": "00:46:20", "end": "00:46:26", "text": "bare market lows. Um let's see our super"}, {"start": "00:46:24", "end": "00:46:27", "text": "chats here. Am I missing super chats? I"}, {"start": "00:46:26", "end": "00:46:29", "text": "got the the other super chat. I was"}, {"start": "00:46:27", "end": "00:46:32", "text": "like, \"DBA,"}, {"start": "00:46:29", "end": "00:46:34", "text": "uh, would you trust just look at the"}, {"start": "00:46:32", "end": "00:46:37", "text": "chart, read what it is? Guarantee you'll"}, {"start": "00:46:34", "end": "00:46:38", "text": "say it's interesting.\" I'll I I will"}, {"start": "00:46:37", "end": "00:46:40", "text": "look at it, Jay Harris. I will"}, {"start": "00:46:38", "end": "00:46:42", "text": "absolutely look at this, you know. I"}, {"start": "00:46:40", "end": "00:46:43", "text": "will look at it. I appreciate your super"}, {"start": "00:46:42", "end": "00:46:45", "text": "chat. I'm just I'm not going to hop"}, {"start": "00:46:43", "end": "00:46:49", "text": "right in. This sounds like a Telegram"}, {"start": "00:46:45", "end": "00:46:50", "text": "chat. It's like, \"Here's $5. Jump in,"}, {"start": "00:46:49", "end": "00:46:52", "text": "you know.\" No, absolutely not. I, you"}, {"start": "00:46:50", "end": "00:46:56", "text": "know, if I'm measuring something out, I"}, {"start": "00:46:52", "end": "00:46:57", "text": "got to make sure that it's uh I make"}, {"start": "00:46:56", "end": "00:47:00", "text": "sure that it's solid, you know, because"}, {"start": "00:46:57", "end": "00:47:02", "text": "I can't just hop right in there naked. I"}, {"start": "00:47:00", "end": "00:47:04", "text": "can't hop naked into the pool, babe."}, {"start": "00:47:02", "end": "00:47:06", "text": "Can't hop naked in the pool. Uh let's"}, {"start": "00:47:04", "end": "00:47:08", "text": "see here. Does anyone truly believe"}, {"start": "00:47:06", "end": "00:47:14", "text": "Bitcoin going down to 35K? That's crazy"}, {"start": "00:47:08", "end": "00:47:17", "text": "to me. Crypto YouTube, I absolutely do"}, {"start": "00:47:14", "end": "00:47:20", "text": "see that still out there. I absolutely"}, {"start": "00:47:17", "end": "00:47:21", "text": "do still still see that out there. And"}, {"start": "00:47:20", "end": "00:47:25", "text": "it's from some of the people that I've"}, {"start": "00:47:21", "end": "00:47:27", "text": "know have seen multiple bare markets."}, {"start": "00:47:25", "end": "00:47:30", "text": "So"}, {"start": "00:47:27", "end": "00:47:33", "text": "it's really not something that"}, {"start": "00:47:30", "end": "00:47:35", "text": "I know you J calm down. It's going to be"}, {"start": "00:47:33", "end": "00:47:37", "text": "fine. I will measure it out. If I see"}, {"start": "00:47:35", "end": "00:47:38", "text": "something that's worth noting either"}, {"start": "00:47:37", "end": "00:47:40", "text": "good or bad on it, I will absolutely"}, {"start": "00:47:38", "end": "00:47:41", "text": "have"}, {"start": "00:47:40", "end": "00:47:43", "text": "um there are people that are still"}, {"start": "00:47:41", "end": "00:47:46", "text": "looking for that 30k Bitcoin though."}, {"start": "00:47:43", "end": "00:47:48", "text": "There are and 35k and honestly some"}, {"start": "00:47:46", "end": "00:47:50", "text": "people I consider very smart, right?"}, {"start": "00:47:48", "end": "00:47:52", "text": "some some people I consider very very"}, {"start": "00:47:50", "end": "00:47:54", "text": "smart. So, you know, their their"}, {"start": "00:47:52", "end": "00:47:56", "text": "warnings are heated and every now and"}, {"start": "00:47:54", "end": "00:47:58", "text": "again it's good to get a bucket of cold"}, {"start": "00:47:56", "end": "00:47:59", "text": "water dumped on your head. From where"}, {"start": "00:47:58", "end": "00:48:01", "text": "we're at right now, we haven't lost this"}, {"start": "00:47:59", "end": "00:48:03", "text": "range. We're just kind of flailing"}, {"start": "00:48:01", "end": "00:48:05", "text": "around at the bottom end of it. Let's"}, {"start": "00:48:03", "end": "00:48:08", "text": "see where we're at. We giving up a lot"}, {"start": "00:48:05", "end": "00:48:11", "text": "of that. So, I was happy seller fine to"}, {"start": "00:48:08", "end": "00:48:12", "text": "take that little 20% snag. You know,"}, {"start": "00:48:11", "end": "00:48:14", "text": "I'll be watching this for the rest of"}, {"start": "00:48:12", "end": "00:48:16", "text": "the day, though. The altcoin sector for"}, {"start": "00:48:14", "end": "00:48:18", "text": "spot. I have a couple plans like I"}, {"start": "00:48:16", "end": "00:48:20", "text": "picked up a little bit of Morpho to get"}, {"start": "00:48:18", "end": "00:48:22", "text": "things started at the 48 cent mark. So I"}, {"start": "00:48:20", "end": "00:48:24", "text": "want to measure out Morpho and see where"}, {"start": "00:48:22", "end": "00:48:25", "text": "it's at. Let me know what coins you have"}, {"start": "00:48:24", "end": "00:48:27", "text": "in mind as well. Obviously we do this in"}, {"start": "00:48:25", "end": "00:48:30", "text": "school, but if you have a coin that you"}, {"start": "00:48:27", "end": "00:48:32", "text": "want live TA done on right now, just let"}, {"start": "00:48:30", "end": "00:48:35", "text": "me know in the chat. Near protocol, back"}, {"start": "00:48:32", "end": "00:48:37", "text": "to near protocol in the altcoins though."}, {"start": "00:48:35", "end": "00:48:42", "text": "This is something that is very worth"}, {"start": "00:48:37", "end": "00:48:44", "text": "noting that I'm seeing. So this 200 SMA,"}, {"start": "00:48:42", "end": "00:48:46", "text": "a very bullish structure and kind of a"}, {"start": "00:48:44", "end": "00:48:49", "text": "continuation of this trend line which"}, {"start": "00:48:46", "end": "00:48:51", "text": "dare I say may be developing. I could"}, {"start": "00:48:49", "end": "00:48:54", "text": "see a trend line developing. We bounce"}, {"start": "00:48:51", "end": "00:48:56", "text": "off this 200 SMA. Find that support"}, {"start": "00:48:54", "end": "00:48:58", "text": "support spot. Oh, this is a Litecoin"}, {"start": "00:48:56", "end": "00:49:00", "text": "actually. This is a Litecoin. It looks"}, {"start": "00:48:58", "end": "00:49:02", "text": "like the near chart. I could see this"}, {"start": "00:49:00", "end": "00:49:05", "text": "though. I could see a roll over to like"}, {"start": "00:49:02", "end": "00:49:07", "text": "50 bucks flat. Follow the trend line."}, {"start": "00:49:05", "end": "00:49:10", "text": "Bounce off this. get your golden cross"}, {"start": "00:49:07", "end": "00:49:12", "text": "on the 50 and the 200 SMA. I could see"}, {"start": "00:49:10", "end": "00:49:14", "text": "this playing out. This is on the daily"}, {"start": "00:49:12", "end": "00:49:17", "text": "time frame uh for Litecoin. Litecoin"}, {"start": "00:49:14", "end": "00:49:19", "text": "when it decides to move and this is one"}, {"start": "00:49:17", "end": "00:49:22", "text": "thing that I do like about all Litecoin"}, {"start": "00:49:19", "end": "00:49:24", "text": "is that it's no, you know, dollar to $3"}, {"start": "00:49:22", "end": "00:49:26", "text": "move. I mean, this thing when it"}, {"start": "00:49:24", "end": "00:49:28", "text": "actually starts cooking, it can get"}, {"start": "00:49:26", "end": "00:49:31", "text": "really exciting. Very sharp moves to the"}, {"start": "00:49:28", "end": "00:49:34", "text": "upside followed by extreme pain back"}, {"start": "00:49:31", "end": "00:49:36", "text": "down. you know, like each one of these"}, {"start": "00:49:34", "end": "00:49:38", "text": "short-term moves 100%. From where it's"}, {"start": "00:49:36", "end": "00:49:40", "text": "at right now,"}, {"start": "00:49:38", "end": "00:49:43", "text": "you know, even if it does have just a"}, {"start": "00:49:40", "end": "00:49:46", "text": "completely failed breakout, if it only"}, {"start": "00:49:43", "end": "00:49:50", "text": "rises to the 200 SMA on the weekly time"}, {"start": "00:49:46", "end": "00:49:53", "text": "frame, that's still a gain of like 62%."}, {"start": "00:49:50", "end": "00:49:55", "text": "So, I don't hate Litecoin because I've"}, {"start": "00:49:53", "end": "00:49:58", "text": "seen this thing move very aggressively."}, {"start": "00:49:55", "end": "00:50:00", "text": "I just have to take the fact that its"}, {"start": "00:49:58", "end": "00:50:03", "text": "recent all-time high in this bull market"}, {"start": "00:50:00", "end": "00:50:06", "text": "was terrible. It was terrible. This is"}, {"start": "00:50:03", "end": "00:50:08", "text": "one of the worst second ignitions or"}, {"start": "00:50:06", "end": "00:50:10", "text": "third ignitions on a bull market I've"}, {"start": "00:50:08", "end": "00:50:13", "text": "ever seen, right? It had it going on,"}, {"start": "00:50:10", "end": "00:50:14", "text": "right? It had it going on. In 2021, I"}, {"start": "00:50:13", "end": "00:50:17", "text": "know this thing hit a couple hundred"}, {"start": "00:50:14", "end": "00:50:20", "text": "bucks, 400 bucks. Recently, though,"}, {"start": "00:50:17", "end": "00:50:22", "text": "watching it peter out at like 120 bucks,"}, {"start": "00:50:20", "end": "00:50:24", "text": "that's something to take into account."}, {"start": "00:50:22", "end": "00:50:27", "text": "Serious pressure in terms of that. Um,"}, {"start": "00:50:24", "end": "00:50:30", "text": "from a chart perspective, always show"}, {"start": "00:50:27", "end": "00:50:33", "text": "your units. This is the the whole"}, {"start": "00:50:30", "end": "00:50:36", "text": "argument right now."}, {"start": "00:50:33", "end": "00:50:38", "text": "I have a big I don't have a bias. I have"}, {"start": "00:50:36", "end": "00:50:41", "text": "caution. Do I have a bias from not"}, {"start": "00:50:38", "end": "00:50:44", "text": "hopping into something? I get chart"}, {"start": "00:50:41", "end": "00:50:45", "text": "requests all the time and"}, {"start": "00:50:44", "end": "00:50:48", "text": "not no hate on U.J. Harris. They might"}, {"start": "00:50:45", "end": "00:50:50", "text": "be incredible, but most of the"}, {"start": "00:50:48", "end": "00:50:54", "text": "suggestions I hear are kind of terrible."}, {"start": "00:50:50", "end": "00:50:58", "text": "And I just I have to take heed about"}, {"start": "00:50:54", "end": "00:50:59", "text": "that before I go in. I will uh I will"}, {"start": "00:50:58", "end": "00:51:01", "text": "gut it and if there's something good, I"}, {"start": "00:50:59", "end": "00:51:04", "text": "will check it out. Now, another coin I"}, {"start": "00:51:01", "end": "00:51:08", "text": "want to map out today is Hyperlid. We're"}, {"start": "00:51:04", "end": "00:51:09", "text": "in reset kind of pullback zone. There's"}, {"start": "00:51:08", "end": "00:51:13", "text": "going to be a lot of trading regardless"}, {"start": "00:51:09", "end": "00:51:17", "text": "in this environment, but Hyperlid"}, {"start": "00:51:13", "end": "00:51:20", "text": "and let's see here. Go to hype."}, {"start": "00:51:17", "end": "00:51:22", "text": "Let's go to hype. So, the secondary"}, {"start": "00:51:20", "end": "00:51:25", "text": "money flow green dot printed and no"}, {"start": "00:51:22", "end": "00:51:28", "text": "follow through. No follow through. VWAP"}, {"start": "00:51:25", "end": "00:51:31", "text": "is angling down. Still hanging out in"}, {"start": "00:51:28", "end": "00:51:32", "text": "the $80 range. Can't really call it a"}, {"start": "00:51:31", "end": "00:51:34", "text": "range yet, though. We've only been here"}, {"start": "00:51:32", "end": "00:51:36", "text": "for I mean, I guess you could call it a"}, {"start": "00:51:34", "end": "00:51:38", "text": "range. Been here for about 3 weeks."}, {"start": "00:51:36", "end": "00:51:41", "text": "Let's go zoom in kind of on the daily"}, {"start": "00:51:38", "end": "00:51:41", "text": "time frames."}, {"start": "00:51:45", "end": "00:51:50", "text": "60 bucks might be in store. 60 bucks"}, {"start": "00:51:48", "end": "00:51:52", "text": "might be in store for this. I mean, I"}, {"start": "00:51:50", "end": "00:51:53", "text": "could see it, you know, in the short"}, {"start": "00:51:52", "end": "00:51:55", "text": "term if the pressure on crypto"}, {"start": "00:51:53", "end": "00:51:58", "text": "continues, you know, because Trump Trump"}, {"start": "00:51:55", "end": "00:52:01", "text": "himself named Hyperliquid coming to US"}, {"start": "00:51:58", "end": "00:52:04", "text": "shores, which was right in that time"}, {"start": "00:52:01", "end": "00:52:06", "text": "frame where we saw this pump off of that"}, {"start": "00:52:04", "end": "00:52:09", "text": "mid 55 shelf. I mean, we pumped by like"}, {"start": "00:52:06", "end": "00:52:10", "text": "41% after Trump said that."}, {"start": "00:52:09", "end": "00:52:12", "text": "Now, we're seeing a walk downtown to"}, {"start": "00:52:10", "end": "00:52:14", "text": "Chinatown."}, {"start": "00:52:12", "end": "00:52:18", "text": "I still hold the hype that I bought at"}, {"start": "00:52:14", "end": "00:52:21", "text": "55, but I could see myself adding as we"}, {"start": "00:52:18", "end": "00:52:25", "text": "get closer to this uh trend line, you"}, {"start": "00:52:21", "end": "00:52:27", "text": "know, around the 65 uh $65 mark. I think"}, {"start": "00:52:25", "end": "00:52:29", "text": "that that is a potential. There does"}, {"start": "00:52:27", "end": "00:52:31", "text": "seem to be some headwinds to the"}, {"start": "00:52:29", "end": "00:52:33", "text": "downside. I mean, there's a very sharp"}, {"start": "00:52:31", "end": "00:52:37", "text": "move to the upside on momentum. It's"}, {"start": "00:52:33", "end": "00:52:40", "text": "coming down with a vengeance right now."}, {"start": "00:52:37", "end": "00:52:42", "text": "Ah, it's a tough call. It's a tough call"}, {"start": "00:52:40", "end": "00:52:44", "text": "right now."}, {"start": "00:52:42", "end": "00:52:46", "text": "load up after the hype dump this"}, {"start": "00:52:44", "end": "00:52:49", "text": "weekend. I mean, yeah, if I see a good"}, {"start": "00:52:46", "end": "00:52:53", "text": "dump on Hyperliquid, Hyperlid"}, {"start": "00:52:49", "end": "00:52:56", "text": "is a monster. Hyperl's a monster that"}, {"start": "00:52:53", "end": "00:52:58", "text": "has created a flywheel of excitement"}, {"start": "00:52:56", "end": "00:53:00", "text": "because revenue is going back into the"}, {"start": "00:52:58", "end": "00:53:02", "text": "token value. The holders are actually"}, {"start": "00:53:00", "end": "00:53:04", "text": "winning, but by holding a winning"}, {"start": "00:53:02", "end": "00:53:06", "text": "project."}, {"start": "00:53:04", "end": "00:53:09", "text": "And ah, you know what? Maybe I should"}, {"start": "00:53:06", "end": "00:53:11", "text": "give that I should give my scorecard my"}, {"start": "00:53:09", "end": "00:53:13", "text": "system that. All right, that's a good"}, {"start": "00:53:11", "end": "00:53:16", "text": "idea. I'll do this live. What What harm"}, {"start": "00:53:13", "end": "00:53:18", "text": "could it do to give the robot Where is"}, {"start": "00:53:16", "end": "00:53:21", "text": "that project here? Let me go back to the"}, {"start": "00:53:18", "end": "00:53:24", "text": "super chat. Let's go. All right, so DRB."}, {"start": "00:53:21", "end": "00:53:26", "text": "Is it DRB? Confirm in chat if it's DRB"}, {"start": "00:53:24", "end": "00:53:28", "text": "because I saw some people mentioning"}, {"start": "00:53:26", "end": "00:53:30", "text": "DRV."}, {"start": "00:53:28", "end": "00:53:32", "text": "I'm curious. I'm curious. Now I'm going"}, {"start": "00:53:30", "end": "00:53:36", "text": "to Now you got me one to SN because I do"}, {"start": "00:53:32", "end": "00:53:37", "text": "have a robot. Is it DRB? Jay Harris."}, {"start": "00:53:36", "end": "00:53:39", "text": "Let's Let's give it to the robot and see"}, {"start": "00:53:37", "end": "00:53:42", "text": "what it thinks. It's probably gonna take"}, {"start": "00:53:39", "end": "00:53:44", "text": "out some aggression on it because it's a"}, {"start": "00:53:42", "end": "00:53:45", "text": "newer project. Like I can almost I'm"}, {"start": "00:53:44", "end": "00:53:47", "text": "just gonna guess that it's gonna hate"}, {"start": "00:53:45", "end": "00:53:50", "text": "the tokconomics because of it being a"}, {"start": "00:53:47", "end": "00:53:53", "text": "new project."}, {"start": "00:53:50", "end": "00:53:55", "text": "But all right, let's I'll love it."}, {"start": "00:53:53", "end": "00:54:00", "text": "You're This is You're I'm going to love"}, {"start": "00:53:55", "end": "00:54:02", "text": "it. I hate more crypto than I like. So"}, {"start": "00:54:00", "end": "00:54:05", "text": "that's saying a lot that I'm going to"}, {"start": "00:54:02", "end": "00:54:07", "text": "love it. Okay. All right. Because how"}, {"start": "00:54:05", "end": "00:54:09", "text": "I've stayed effective"}, {"start": "00:54:07", "end": "00:54:12", "text": "and this is how I've stayed effective"}, {"start": "00:54:09", "end": "00:54:15", "text": "being very clear I am very cautiously"}, {"start": "00:54:12", "end": "00:54:19", "text": "optimistic about altcoins right so vast"}, {"start": "00:54:15", "end": "00:54:22", "text": "majority of them can be what debt relief"}, {"start": "00:54:19", "end": "00:54:24", "text": "bot"}, {"start": "00:54:22", "end": "00:54:29", "text": "is that what they call this thing oh"}, {"start": "00:54:24", "end": "00:54:31", "text": "lord all right well debt relief bot it's"}, {"start": "00:54:29", "end": "00:54:33", "text": "funny initial re like finding out the"}, {"start": "00:54:31", "end": "00:54:35", "text": "name if that's actually the name I mean"}, {"start": "00:54:33", "end": "00:54:39", "text": "that'd be pretty hilarious There are"}, {"start": "00:54:35", "end": "00:54:41", "text": "debt relief bot. This is a real thing."}, {"start": "00:54:39", "end": "00:54:46", "text": "Extreme danger as I look at this chart."}, {"start": "00:54:41", "end": "00:54:49", "text": "Okay, this is a $26 million market cap."}, {"start": "00:54:46", "end": "00:54:52", "text": "Uh very very small market cap. It's"}, {"start": "00:54:49", "end": "00:54:57", "text": "growing very quickly."}, {"start": "00:54:52", "end": "00:54:58", "text": "Let's see here. It's on the base chain."}, {"start": "00:54:57", "end": "00:55:00", "text": "Let's see. Let's go to their X account."}, {"start": "00:54:58", "end": "00:55:01", "text": "Let's go to the X account here. Quick"}, {"start": "00:55:00", "end": "00:55:04", "text": "litness test on the X. And this is kind"}, {"start": "00:55:01", "end": "00:55:06", "text": "of live. I mean,"}, {"start": "00:55:04", "end": "00:55:10", "text": "the logo could use some work. DRB task"}, {"start": "00:55:06", "end": "00:55:14", "text": "force. What is going here? Debt relief"}, {"start": "00:55:10", "end": "00:55:15", "text": "bot task force here. All right. How much"}, {"start": "00:55:14", "end": "00:55:19", "text": "engagement? Not much engagement, but it"}, {"start": "00:55:15", "end": "00:55:21", "text": "is new. Not much engagement."}, {"start": "00:55:19", "end": "00:55:22", "text": "I'm not seeing a bot level of"}, {"start": "00:55:21", "end": "00:55:25", "text": "engagement. So, I am seeing like"}, {"start": "00:55:22", "end": "00:55:27", "text": "different numbers. Small account. See"}, {"start": "00:55:25", "end": "00:55:30", "text": "how many followers we got? About 3,000"}, {"start": "00:55:27", "end": "00:55:34", "text": "account. Okay. Okay. So, the likes to"}, {"start": "00:55:30", "end": "00:55:37", "text": "follower count isn't isn't horrible. Uh,"}, {"start": "00:55:34", "end": "00:55:39", "text": "let's see here."}, {"start": "00:55:37", "end": "00:55:42", "text": "Let's see here. I'm wondering what the"}, {"start": "00:55:39", "end": "00:55:46", "text": "the robot a gez."}, {"start": "00:55:42", "end": "00:55:49", "text": "We're going in."}, {"start": "00:55:46", "end": "00:55:49", "text": "Framework scored zero."}, {"start": "00:55:50", "end": "00:55:55", "text": "Okay. Framework scored zero per the"}, {"start": "00:55:53", "end": "00:55:57", "text": "course. It's often enough to reject it"}, {"start": "00:55:55", "end": "00:56:00", "text": "outright. Read the band. Guidance below"}, {"start": "00:55:57", "end": "00:56:02", "text": "is conditional. Resolving the framework"}, {"start": "00:56:00", "end": "00:56:05", "text": "team track records hacking problem and"}, {"start": "00:56:02", "end": "00:56:09", "text": "use case. No human team is identified."}, {"start": "00:56:05", "end": "00:56:12", "text": "Was it bankerbot that created this?"}, {"start": "00:56:09", "end": "00:56:16", "text": "I mean just reading this I think Hex got"}, {"start": "00:56:12", "end": "00:56:19", "text": "like a 20 like a 27 or something. Hex"}, {"start": "00:56:16", "end": "00:56:21", "text": "Hex got something like this as well."}, {"start": "00:56:19", "end": "00:56:23", "text": "Adoption community. You'd expect that's"}, {"start": "00:56:21", "end": "00:56:25", "text": "new value capture very bad. Good on"}, {"start": "00:56:23", "end": "00:56:28", "text": "tokconomics though. Better than I"}, {"start": "00:56:25", "end": "00:56:29", "text": "thought on tokconomics."}, {"start": "00:56:28", "end": "00:56:32", "text": "Okay."}, {"start": "00:56:29", "end": "00:56:34", "text": "When and price go up number go up"}, {"start": "00:56:32", "end": "00:56:37", "text": "technology as part of this like what is"}, {"start": "00:56:34", "end": "00:56:39", "text": "this on the 24hour time frame? This"}, {"start": "00:56:37", "end": "00:56:41", "text": "thing's been cooking on the 24hour time"}, {"start": "00:56:39", "end": "00:56:44", "text": "frame. Let's look at the larger time"}, {"start": "00:56:41", "end": "00:56:44", "text": "frame."}, {"start": "00:56:45", "end": "00:56:51", "text": "[sighs and gasps] It smells like crime."}, {"start": "00:56:47", "end": "00:56:55", "text": "This smells like robotic crime."}, {"start": "00:56:51", "end": "00:56:57", "text": "These chart movements. I mean just 700"}, {"start": "00:56:55", "end": "00:57:00", "text": "probably. Was this a 400% move and then"}, {"start": "00:56:57", "end": "00:57:03", "text": "complete wash out to the downside? 500%"}, {"start": "00:57:00", "end": "00:57:06", "text": "all the way back to the downside,"}, {"start": "00:57:03", "end": "00:57:09", "text": "brother. Brother,"}, {"start": "00:57:06", "end": "00:57:11", "text": "this this feels like top blasting."}, {"start": "00:57:09", "end": "00:57:15", "text": "This feels like top blast. Yeah. So, it"}, {"start": "00:57:11", "end": "00:57:17", "text": "was bankerbot and this is total chaos."}, {"start": "00:57:15", "end": "00:57:20", "text": "If you're if you're looking at this, I"}, {"start": "00:57:17", "end": "00:57:23", "text": "mean, just expect you're literally in"}, {"start": "00:57:20", "end": "00:57:26", "text": "the boat landing on Normandy Beach by"}, {"start": "00:57:23", "end": "00:57:30", "text": "buying this token right now. Uh, packed"}, {"start": "00:57:26", "end": "00:57:33", "text": "lower market cap play. Um,"}, {"start": "00:57:30", "end": "00:57:35", "text": "I'll I'll there isn't much to TA here"}, {"start": "00:57:33", "end": "00:57:38", "text": "because look what this how am I supposed"}, {"start": "00:57:35", "end": "00:57:42", "text": "to do technical analysis on what looks"}, {"start": "00:57:38", "end": "00:57:45", "text": "like seasonal criminal activity?"}, {"start": "00:57:42", "end": "00:57:48", "text": "Allegedly. Okay. Allegedly."}, {"start": "00:57:45", "end": "00:57:52", "text": "Uh yeah, I I can't I mean I'd be looking"}, {"start": "00:57:48", "end": "00:57:54", "text": "for shorts. I be looking for [laughter]"}, {"start": "00:57:52", "end": "00:57:57", "text": "gun to my head. I'm looking for shorts"}, {"start": "00:57:54", "end": "00:58:00", "text": "around like uh the the three level, you"}, {"start": "00:57:57", "end": "00:58:02", "text": "know. That's uh about what what it wrote"}, {"start": "00:58:00", "end": "00:58:04", "text": "for there. Let's go back to something"}, {"start": "00:58:02", "end": "00:58:06", "text": "that I feel a little better about."}, {"start": "00:58:04", "end": "00:58:10", "text": "Hyperlid. Let's go back here. God, see I"}, {"start": "00:58:06", "end": "00:58:13", "text": "look at those super chats. two seconds"}, {"start": "00:58:10", "end": "00:58:15", "text": "and about a $29 million market cap of"}, {"start": "00:58:13", "end": "00:58:19", "text": "criminal seasonality."}, {"start": "00:58:15", "end": "00:58:21", "text": "Um, yeah. So, hyper liquid mid60s decent"}, {"start": "00:58:19", "end": "00:58:23", "text": "vibe checkpoint like vibe checking and"}, {"start": "00:58:21", "end": "00:58:27", "text": "finding out support in the middle of"}, {"start": "00:58:23", "end": "00:58:28", "text": "these volume candles would would cause a"}, {"start": "00:58:27", "end": "00:58:34", "text": "little bit of joy for me. Would cause a"}, {"start": "00:58:28", "end": "00:58:34", "text": "little bit of joy. Um, yeah. [laughter]"}, {"start": "00:58:35", "end": "00:58:39", "text": "Clip it if you may. Clip it if you may."}, {"start": "00:58:37", "end": "00:58:41", "text": "like on something like that chart that I"}, {"start": "00:58:39", "end": "00:58:45", "text": "what is that uh debt relief bot on"}, {"start": "00:58:41", "end": "00:58:50", "text": "something like this. This"}, {"start": "00:58:45", "end": "00:58:53", "text": "is getting a very very small amount of"}, {"start": "00:58:50", "end": "00:58:56", "text": "capital from me unwound into it if I did"}, {"start": "00:58:53", "end": "00:58:58", "text": "have the intention to go into this chart"}, {"start": "00:58:56", "end": "00:58:59", "text": "which I don't. I have the intention"}, {"start": "00:58:58", "end": "00:59:04", "text": "maybe to short it. I don't know where I"}, {"start": "00:58:59", "end": "00:59:07", "text": "could short it from. But there is no"}, {"start": "00:59:04", "end": "00:59:10", "text": "structural expansion of this network"}, {"start": "00:59:07", "end": "00:59:13", "text": "from a price perspective on this chart."}, {"start": "00:59:10", "end": "00:59:14", "text": "Simply put, now"}, {"start": "00:59:13", "end": "00:59:16", "text": "market cap, let's see if the market cap"}, {"start": "00:59:14", "end": "00:59:19", "text": "has consistent growth. Okay, so the"}, {"start": "00:59:16", "end": "00:59:20", "text": "market cap more. I wonder if it's"}, {"start": "00:59:19", "end": "00:59:22", "text": "actually even giving me all the data."}, {"start": "00:59:20", "end": "00:59:26", "text": "Why am I only getting market cap data"}, {"start": "00:59:22", "end": "00:59:28", "text": "for like a few August 2026?"}, {"start": "00:59:26", "end": "00:59:30", "text": "Let's see if the price data goes back"}, {"start": "00:59:28", "end": "00:59:33", "text": "that far as well. Okay, we're getting"}, {"start": "00:59:30", "end": "00:59:36", "text": "market cap and price data the same. Why"}, {"start": "00:59:33", "end": "00:59:38", "text": "does it look so different?"}, {"start": "00:59:36", "end": "00:59:40", "text": "Why does it look so different now? Hold"}, {"start": "00:59:38", "end": "00:59:42", "text": "on."}, {"start": "00:59:40", "end": "00:59:44", "text": "Let me see here. No, it's about the"}, {"start": "00:59:42", "end": "00:59:47", "text": "same. All right, weekly. Let's go to the"}, {"start": "00:59:44", "end": "00:59:50", "text": "weekly on market cap. Yeah, I'm not"}, {"start": "00:59:47", "end": "00:59:51", "text": "getting market cap data on the weekly"}, {"start": "00:59:50", "end": "00:59:54", "text": "time frame. Kind of concerning. Kind of"}, {"start": "00:59:51", "end": "00:59:56", "text": "concerning. This is where, you know, I"}, {"start": "00:59:54", "end": "00:59:58", "text": "understand the allure behind maybe an"}, {"start": "00:59:56", "end": "01:00:01", "text": "altcoin. Maybe it's the next coin to run"}, {"start": "00:59:58", "end": "01:00:05", "text": "to a billion dollars. That'd be an"}, {"start": "01:00:01", "end": "01:00:08", "text": "insane growth. Um,"}, {"start": "01:00:05", "end": "01:00:10", "text": "I would say that"}, {"start": "01:00:08", "end": "01:00:13", "text": "most people that chase things like this"}, {"start": "01:00:10", "end": "01:00:16", "text": "end up down exponentially, which is why"}, {"start": "01:00:13", "end": "01:00:17", "text": "I compare it to some of the most"}, {"start": "01:00:16", "end": "01:00:20", "text": "difficult things the country has ever"}, {"start": "01:00:17", "end": "01:00:22", "text": "done. [laughter] because getting in on"}, {"start": "01:00:20", "end": "01:00:25", "text": "these things and finding the next"}, {"start": "01:00:22", "end": "01:00:27", "text": "absolute, you know, 1110 billion runner,"}, {"start": "01:00:25", "end": "01:00:29", "text": "very, very difficult. Very, very"}, {"start": "01:00:27", "end": "01:00:30", "text": "difficult. Let's go back to Bitcoin and"}, {"start": "01:00:29", "end": "01:00:32", "text": "see where we're at. I think I have a gut"}, {"start": "01:00:30", "end": "01:00:36", "text": "feeling we're probably continuing to"}, {"start": "01:00:32", "end": "01:00:37", "text": "roll over from this. I think Drew's mad"}, {"start": "01:00:36", "end": "01:00:39", "text": "at me."}, {"start": "01:00:37", "end": "01:00:42", "text": "I'm not mad at you. What are you talking"}, {"start": "01:00:39", "end": "01:00:44", "text": "about? And yes, RIP Charlie Kirk, what"}, {"start": "01:00:42", "end": "01:00:46", "text": "happened? Did they find Okay, you guys"}, {"start": "01:00:44", "end": "01:00:48", "text": "are pulling me into the basement chat."}, {"start": "01:00:46", "end": "01:00:52", "text": "I've stopped watching the leg like the"}, {"start": "01:00:48", "end": "01:00:54", "text": "uh the lawfare go on. It's just so"}, {"start": "01:00:52", "end": "01:00:56", "text": "aggravating. I can't even I'll crash"}, {"start": "01:00:54", "end": "01:00:58", "text": "out. Like I won't have anything"}, {"start": "01:00:56", "end": "01:01:00", "text": "uh"}, {"start": "01:00:58", "end": "01:01:02", "text": "I can't have anything uh you know"}, {"start": "01:01:00", "end": "01:01:04", "text": "lawfare involved with me or I'll get"}, {"start": "01:01:02", "end": "01:01:07", "text": "completely distracted and just lose my"}, {"start": "01:01:04", "end": "01:01:09", "text": "[�__�] again. Crypto allowed me not to as"}, {"start": "01:01:07", "end": "01:01:13", "text": "well."}, {"start": "01:01:09", "end": "01:01:15", "text": "Golly, trial happened. Okay,"}, {"start": "01:01:13", "end": "01:01:16", "text": "I'll read what it's about still. Jay"}, {"start": "01:01:15", "end": "01:01:18", "text": "Harris, I'm still gonna read. Don't"}, {"start": "01:01:16", "end": "01:01:20", "text": "worry about it. I'm I've got the front"}, {"start": "01:01:18", "end": "01:01:22", "text": "end data. I understand the risk just"}, {"start": "01:01:20", "end": "01:01:25", "text": "because I, you know, you got to remember"}, {"start": "01:01:22", "end": "01:01:27", "text": "like I yellowed into things I knew were"}, {"start": "01:01:25", "end": "01:01:29", "text": "vaporware last with last bull market. I"}, {"start": "01:01:27", "end": "01:01:31", "text": "did. Absolutely. I can just read the"}, {"start": "01:01:29", "end": "01:01:36", "text": "tide was rising. I made lots of money"}, {"start": "01:01:31", "end": "01:01:38", "text": "off ICP. I did. But, you know,"}, {"start": "01:01:36", "end": "01:01:40", "text": "I got to I got to get the full picture"}, {"start": "01:01:38", "end": "01:01:44", "text": "of things before I absolutely go into"}, {"start": "01:01:40", "end": "01:01:45", "text": "it. Um, you know, just it's capital"}, {"start": "01:01:44", "end": "01:01:48", "text": "capital capital protection in crypto."}, {"start": "01:01:45", "end": "01:01:51", "text": "You can get rich rich slowly and protect"}, {"start": "01:01:48", "end": "01:01:54", "text": "it quickly. All right. Get rich slowly,"}, {"start": "01:01:51", "end": "01:01:56", "text": "protect it quickly. Now, go check out"}, {"start": "01:01:54", "end": "01:01:58", "text": "Bitcoin. God, I mean, today feels like a"}, {"start": "01:01:56", "end": "01:02:00", "text": "heavy trading day, doesn't it? Feels"}, {"start": "01:01:58", "end": "01:02:02", "text": "like a heavy trading day. So, back to"}, {"start": "01:02:00", "end": "01:02:03", "text": "771."}, {"start": "01:02:02", "end": "01:02:05", "text": "Giving up a good chunk of that little"}, {"start": "01:02:03", "end": "01:02:07", "text": "pumpy pump we had this morning. And this"}, {"start": "01:02:05", "end": "01:02:10", "text": "is interesting on the five minute time"}, {"start": "01:02:07", "end": "01:02:11", "text": "frame from that wash out this morning."}, {"start": "01:02:10", "end": "01:02:14", "text": "This is actually a moving average I got"}, {"start": "01:02:11", "end": "01:02:16", "text": "to watch today. The 50 SMA on the fivem"}, {"start": "01:02:14", "end": "01:02:19", "text": "minute. It's kind of knocking its head."}, {"start": "01:02:16", "end": "01:02:22", "text": "The 50 SMA on the fiveminute. Um, rolled"}, {"start": "01:02:19", "end": "01:02:25", "text": "over. Glad I killed the long. Glad I"}, {"start": "01:02:22", "end": "01:02:27", "text": "killed the long. Kept my profits."}, {"start": "01:02:25", "end": "01:02:28", "text": "It's a tough call right now, you guys."}, {"start": "01:02:27", "end": "01:02:30", "text": "It is a tough call. If I'm looking for"}, {"start": "01:02:28", "end": "01:02:34", "text": "longs right now, essentially breaching"}, {"start": "01:02:30", "end": "01:02:36", "text": "below this 766 mark will tell me that"}, {"start": "01:02:34", "end": "01:02:39", "text": "we're going to go find liquidity at 76"}, {"start": "01:02:36", "end": "01:02:41", "text": "flat at the minimum. Um, you know, there"}, {"start": "01:02:39", "end": "01:02:46", "text": "is no middle ground here between 766 and"}, {"start": "01:02:41", "end": "01:02:48", "text": "76 flat. I would see continued pressure."}, {"start": "01:02:46", "end": "01:02:51", "text": "You know, continued pressure. I can't"}, {"start": "01:02:48", "end": "01:02:53", "text": "really rightfully short when we're at"}, {"start": "01:02:51", "end": "01:02:54", "text": "the bottom of this general range that"}, {"start": "01:02:53", "end": "01:02:56", "text": "I've been looking at for quite some"}, {"start": "01:02:54", "end": "01:02:59", "text": "time. And let's see if we have this"}, {"start": "01:02:56", "end": "01:03:01", "text": "here. I'll actually I'll kind of do this"}, {"start": "01:02:59", "end": "01:03:03", "text": "live for you guys here. So, here's how"}, {"start": "01:03:01", "end": "01:03:05", "text": "you create the range. Here's how you"}, {"start": "01:03:03", "end": "01:03:08", "text": "create the range. We want the fixed"}, {"start": "01:03:05", "end": "01:03:10", "text": "range volume profile. Snag it from the"}, {"start": "01:03:08", "end": "01:03:13", "text": "initial candle. Drag it to where you're"}, {"start": "01:03:10", "end": "01:03:16", "text": "currently at. We'll create a visible"}, {"start": "01:03:13", "end": "01:03:18", "text": "range profile, right? Or a fixed range"}, {"start": "01:03:16", "end": "01:03:19", "text": "profile, rather."}, {"start": "01:03:18", "end": "01:03:22", "text": "We're right at the bottom end of this,"}, {"start": "01:03:19", "end": "01:03:24", "text": "so I can't rightfully short this. Just"}, {"start": "01:03:22", "end": "01:03:26", "text": "assuming a trend break. Probably keep"}, {"start": "01:03:24", "end": "01:03:28", "text": "nipping at the heels and see if a"}, {"start": "01:03:26", "end": "01:03:30", "text": "greater bottoming formation for the day"}, {"start": "01:03:28", "end": "01:03:34", "text": "continues to form over the next few"}, {"start": "01:03:30", "end": "01:03:36", "text": "hours here. Very very strong green dot"}, {"start": "01:03:34", "end": "01:03:39", "text": "on the hourly is printed though. Very"}, {"start": "01:03:36", "end": "01:03:42", "text": "strong relief uh relief rally might be"}, {"start": "01:03:39", "end": "01:03:46", "text": "in store. But this is where it's at. I"}, {"start": "01:03:42", "end": "01:03:48", "text": "think that hyperlid"}, {"start": "01:03:46", "end": "01:03:51", "text": "mid65 seems like a reasonable place for"}, {"start": "01:03:48", "end": "01:03:54", "text": "me to keep adding to the hyperlquid bag."}, {"start": "01:03:51", "end": "01:03:56", "text": "Towel I still like. Um we're still"}, {"start": "01:03:54", "end": "01:03:58", "text": "hanging around 240 bucks in tow. I"}, {"start": "01:03:56", "end": "01:04:01", "text": "haven't really seen like I like $200"}, {"start": "01:03:58", "end": "01:04:04", "text": "towel way more than $250 towel, you"}, {"start": "01:04:01", "end": "01:04:07", "text": "know, so I'm being careful. This weekend"}, {"start": "01:04:04", "end": "01:04:09", "text": "is going to be nuts. We have the Clarity"}, {"start": "01:04:07", "end": "01:04:12", "text": "Act conversations. We have all of this"}, {"start": "01:04:09", "end": "01:04:14", "text": "talk next week coming up with the FOMC,"}, {"start": "01:04:12", "end": "01:04:16", "text": "the interest rate hikes that are likely"}, {"start": "01:04:14", "end": "01:04:18", "text": "to occur and there is probably going to"}, {"start": "01:04:16", "end": "01:04:20", "text": "be some serious turbulence on this"}, {"start": "01:04:18", "end": "01:04:22", "text": "chart. The best thing that we can hope"}, {"start": "01:04:20", "end": "01:04:24", "text": "for in Bitcoin is to hold this current"}, {"start": "01:04:22", "end": "01:04:27", "text": "range and keep developing strength. So"}, {"start": "01:04:24", "end": "01:04:29", "text": "this can be looked at as a bull flag"}, {"start": "01:04:27", "end": "01:04:32", "text": "long term. We are trapped under that"}, {"start": "01:04:29", "end": "01:04:34", "text": "sell wall at $82,000."}, {"start": "01:04:32", "end": "01:04:36", "text": "Aeromorpho Gun to your head. I mean at"}, {"start": "01:04:34", "end": "01:04:39", "text": "these prices I'd be going for more Aerod"}, {"start": "01:04:36", "end": "01:04:42", "text": "Drrome at these prices. At these prices,"}, {"start": "01:04:39", "end": "01:04:44", "text": "let's go look at a drum real quick. You"}, {"start": "01:04:42", "end": "01:04:47", "text": "know, I did move on morpho already"}, {"start": "01:04:44", "end": "01:04:48", "text": "really hard at two bucks only slightly"}, {"start": "01:04:47", "end": "01:04:52", "text": "on arrow. So that's kind of why I'm like"}, {"start": "01:04:48", "end": "01:04:54", "text": "more inclined to get more arrow."}, {"start": "01:04:52", "end": "01:04:55", "text": "Let's see what we got developing here."}, {"start": "01:04:54", "end": "01:04:59", "text": "It's kind of bouncing off these moving"}, {"start": "01:04:55", "end": "01:05:01", "text": "averages real nice vibe. Check out like"}, {"start": "01:04:59", "end": "01:05:04", "text": "50 cents. 50 cents the the let's say the"}, {"start": "01:05:01", "end": "01:05:06", "text": "headwinds continue, you know, because my"}, {"start": "01:05:04", "end": "01:05:08", "text": "last buy was at 48 cents and I did like"}, {"start": "01:05:06", "end": "01:05:11", "text": "just generally being under the 50 cent"}, {"start": "01:05:08", "end": "01:05:14", "text": "mark for it. It's been cooking hard."}, {"start": "01:05:11", "end": "01:05:17", "text": "Let's look at the weekly time frame real"}, {"start": "01:05:14", "end": "01:05:17", "text": "quick."}, {"start": "01:05:17", "end": "01:05:22", "text": "Let's see here."}, {"start": "01:05:20", "end": "01:05:24", "text": "This money flow on the daily looks"}, {"start": "01:05:22", "end": "01:05:28", "text": "delicious."}, {"start": "01:05:24", "end": "01:05:30", "text": "Arrow looks feisty."}, {"start": "01:05:28", "end": "01:05:33", "text": "Like honestly, I might have to just do"}, {"start": "01:05:30", "end": "01:05:34", "text": "that in the mid50 zone here. The money"}, {"start": "01:05:33", "end": "01:05:38", "text": "flow on a drum looks way better than a"}, {"start": "01:05:34", "end": "01:05:41", "text": "lot of charts I've looked at today. Um,"}, {"start": "01:05:38", "end": "01:05:43", "text": "so, you know, right around 50 cents"}, {"start": "01:05:41", "end": "01:05:44", "text": "would be great. Maybe under it super."}, {"start": "01:05:43", "end": "01:05:46", "text": "I'm going to be holding off for the time"}, {"start": "01:05:44", "end": "01:05:49", "text": "being just to let some of this price"}, {"start": "01:05:46", "end": "01:05:50", "text": "action happen to be trading uh leverage"}, {"start": "01:05:49", "end": "01:05:54", "text": "trading a little bit more for the rest"}, {"start": "01:05:50", "end": "01:05:58", "text": "of the week. Uh yeah, I like 50. I like"}, {"start": "01:05:54", "end": "01:06:00", "text": "50 cents for aerodyome little additional"}, {"start": "01:05:58", "end": "01:06:02", "text": "uh adding to the bags here because what"}, {"start": "01:06:00", "end": "01:06:04", "text": "we're"}, {"start": "01:06:02", "end": "01:06:07", "text": "starting to I mean I think it's a little"}, {"start": "01:06:04", "end": "01:06:09", "text": "too steep to call it a trend line but"}, {"start": "01:06:07", "end": "01:06:11", "text": "you know there is just this general"}, {"start": "01:06:09", "end": "01:06:14", "text": "trend. I can see kind of a parabola"}, {"start": "01:06:11", "end": "01:06:15", "text": "starting where and then we we were"}, {"start": "01:06:14", "end": "01:06:18", "text": "talking about this on the uh call with"}, {"start": "01:06:15", "end": "01:06:19", "text": "Kelly in school. It's like the downtrend"}, {"start": "01:06:18", "end": "01:06:22", "text": "movements were massive. You could"}, {"start": "01:06:19", "end": "01:06:25", "text": "measure those huge huge massive moves to"}, {"start": "01:06:22", "end": "01:06:27", "text": "the downtrend and now the uptrends are"}, {"start": "01:06:25", "end": "01:06:28", "text": "trying to uh kind of overtake that. You"}, {"start": "01:06:27", "end": "01:06:30", "text": "can see that very clearly when you're"}, {"start": "01:06:28", "end": "01:06:32", "text": "looking at this on the weekly time"}, {"start": "01:06:30", "end": "01:06:35", "text": "frame. These weekly candle impulses to"}, {"start": "01:06:32", "end": "01:06:36", "text": "the upside are very very strong."}, {"start": "01:06:35", "end": "01:06:38", "text": "I don't know if it's going to end with a"}, {"start": "01:06:36", "end": "01:06:40", "text": "weekly candle like that. That'd be"}, {"start": "01:06:38", "end": "01:06:41", "text": "terrible. terrible to end this weekly."}, {"start": "01:06:40", "end": "01:06:45", "text": "So, I'll be keeping an eye out on the"}, {"start": "01:06:41", "end": "01:06:47", "text": "aerodyome chart pretty closely. And you"}, {"start": "01:06:45", "end": "01:06:48", "text": "know what? Heavy trading environment, a"}, {"start": "01:06:47", "end": "01:06:51", "text": "lot of money being made, a lot of money"}, {"start": "01:06:48", "end": "01:06:54", "text": "being lost. Use stop losses. Live to"}, {"start": "01:06:51", "end": "01:06:55", "text": "trade another day. Be careful with that"}, {"start": "01:06:54", "end": "01:06:57", "text": "risk allocation. Right now, we're seeing"}, {"start": "01:06:55", "end": "01:07:00", "text": "the bubbling of an alt season come from"}, {"start": "01:06:57", "end": "01:07:02", "text": "the last few weeks of 20 and 30% days."}, {"start": "01:07:00", "end": "01:07:04", "text": "That is literally just the front end."}, {"start": "01:07:02", "end": "01:07:06", "text": "It's all about your entry points being"}, {"start": "01:07:04", "end": "01:07:07", "text": "low. So, be very, very careful."}, {"start": "01:07:06", "end": "01:07:09", "text": "Appreciate you guys. I'm going go check"}, {"start": "01:07:07", "end": "01:07:10", "text": "out that DRB thing a little bit more and"}, {"start": "01:07:09", "end": "01:07:12", "text": "see if there's anything under the hood"}, {"start": "01:07:10", "end": "01:07:15", "text": "that I'm missing here before I give it"}, {"start": "01:07:12", "end": "01:07:17", "text": "the uh stamp of hatred. But I love you."}, {"start": "01:07:15", "end": "01:07:19", "text": "Appreciate y'all. And I will see you on"}, {"start": "01:07:17", "end": "01:07:23", "text": "the next episode. Stay safe out there."}, {"start": "01:07:19", "end": "01:07:26", "text": "And just a side note, Treasure Treasure,"}, {"start": "01:07:23", "end": "01:07:28", "text": "more problems are being talked about"}, {"start": "01:07:26", "end": "01:07:32", "text": "with Treor. Um you know, for everyone"}, {"start": "01:07:28", "end": "01:07:34", "text": "that's staying on this with uh staying"}, {"start": "01:07:32", "end": "01:07:35", "text": "on this with the focused focused"}, {"start": "01:07:34", "end": "01:07:37", "text": "viewpoint of the market all the way"}, {"start": "01:07:35", "end": "01:07:39", "text": "down. I had the story earlier, but"}, {"start": "01:07:37", "end": "01:07:41", "text": "there's just a little bit of worries in"}, {"start": "01:07:39", "end": "01:07:45", "text": "your email. If you receive a email from"}, {"start": "01:07:41", "end": "01:07:47", "text": "Trezor and it looks official, don't"}, {"start": "01:07:45", "end": "01:07:49", "text": "consider that official. Call. Make sure"}, {"start": "01:07:47", "end": "01:07:51", "text": "spend the time to make sure that you're"}, {"start": "01:07:49", "end": "01:07:53", "text": "getting official correspondence. There's"}, {"start": "01:07:51", "end": "01:07:56", "text": "another data breach, another massive"}, {"start": "01:07:53", "end": "01:07:58", "text": "problem with that going on. Be very"}, {"start": "01:07:56", "end": "01:07:59", "text": "careful out there. I like Arculus. I use"}, {"start": "01:07:58", "end": "01:08:01", "text": "Arculus. My stuff's there. I haven't"}, {"start": "01:07:59", "end": "01:08:02", "text": "seen any worries. I'll see you on the"}, {"start": "01:08:01", "end": "01:08:04", "text": "next one. Take care. We just wanted to"}, {"start": "01:08:02", "end": "01:08:06", "text": "take a quick second to shout out our"}, {"start": "01:08:04", "end": "01:08:07", "text": "sponsor, Arculus. They are a cold"}, {"start": "01:08:06", "end": "01:08:09", "text": "storage hardware wallet. Helps you"}, {"start": "01:08:07", "end": "01:08:10", "text": "secure all of your digital assets for"}, {"start": "01:08:09", "end": "01:08:12", "text": "the future. Just tap this thing to the"}, {"start": "01:08:10", "end": "01:08:13", "text": "back of your phone and boom, you're in."}, {"start": "01:08:12", "end": "01:08:15", "text": "We wouldn't be able to do this without"}, {"start": "01:08:13", "end": "01:08:17", "text": "them, but also wouldn't be able to do"}, {"start": "01:08:15", "end": "01:08:19", "text": "this without you guys, the Disco Fam."}, {"start": "01:08:17", "end": "01:08:20", "text": "You've supported us a lot over the"}, {"start": "01:08:19", "end": "01:08:23", "text": "years. If you want to support the"}, {"start": "01:08:20", "end": "01:08:25", "text": "channel now, just use the code DC20. It"}, {"start": "01:08:23", "end": "01:08:26", "text": "gets you 20% off this card. It's the"}, {"start": "01:08:25", "end": "01:08:28", "text": "number one way you can support this"}, {"start": "01:08:26", "end": "01:08:32", "text": "channel going forward. Thank you for"}, {"start": "01:08:28", "end": "01:08:32", "text": "your support. We'll see you at the top."}]

[{"start": "00:00:00", "end": "00:00:03", "text": "What if the Bitcoin chart you've been"}, {"start": "00:00:01", "end": "00:00:06", "text": "staring at all year is the wrong one?"}, {"start": "00:00:03", "end": "00:00:08", "text": "Not the dollar candles measuring Bitcoin"}, {"start": "00:00:06", "end": "00:00:10", "text": "against a failing fiat currency or even"}, {"start": "00:00:08", "end": "00:00:13", "text": "the ETF flows of how much interest Wall"}, {"start": "00:00:10", "end": "00:00:15", "text": "Street is taking in Bitcoin. If you"}, {"start": "00:00:13", "end": "00:00:17", "text": "actually want to know whether Bitcoin is"}, {"start": "00:00:15", "end": "00:00:20", "text": "winning or not, there's one chart that"}, {"start": "00:00:17", "end": "00:00:22", "text": "matters. That is Bitcoin priced in gold."}, {"start": "00:00:20", "end": "00:00:24", "text": "Because when Bitcoin is rising against"}, {"start": "00:00:22", "end": "00:00:25", "text": "the dollar, that can simply mean that"}, {"start": "00:00:24", "end": "00:00:28", "text": "the dollar is just becoming"}, {"start": "00:00:25", "end": "00:00:30", "text": "exponentially cheaper, more worthless."}, {"start": "00:00:28", "end": "00:00:31", "text": "The Fed can print all they want and the"}, {"start": "00:00:30", "end": "00:00:34", "text": "Treasury is admitting that there's going"}, {"start": "00:00:31", "end": "00:00:35", "text": "to be massive amounts of Treasury"}, {"start": "00:00:34", "end": "00:00:37", "text": "buybacks. This is happening in real"}, {"start": "00:00:35", "end": "00:00:39", "text": "time. The value of the dollar is"}, {"start": "00:00:37", "end": "00:00:41", "text": "collapsing. Congress is going to"}, {"start": "00:00:39", "end": "00:00:42", "text": "continue to spend uncontrollably and"}, {"start": "00:00:41", "end": "00:00:44", "text": "gold doesn't have a chairman,"}, {"start": "00:00:42", "end": "00:00:46", "text": "thankfully. If Bitcoin is supposed to be"}, {"start": "00:00:44", "end": "00:00:48", "text": "a digital gold, then the honest"}, {"start": "00:00:46", "end": "00:00:51", "text": "scoreboard is simple. How many ounces of"}, {"start": "00:00:48", "end": "00:00:54", "text": "gold does one Bitcoin buy? And as right"}, {"start": "00:00:51", "end": "00:00:55", "text": "now, that number sits right at around"}, {"start": "00:00:54", "end": "00:00:58", "text": "17.8"}, {"start": "00:00:55", "end": "00:01:00", "text": "oz of gold per Bitcoin is what you're"}, {"start": "00:00:58", "end": "00:01:03", "text": "pulling in. But this chart is one of the"}, {"start": "00:01:00", "end": "00:01:04", "text": "more honest and captivating metrics in"}, {"start": "00:01:03", "end": "00:01:07", "text": "all of crypto when you're measuring"}, {"start": "00:01:04", "end": "00:01:09", "text": "Bitcoin against the apex asset on the"}, {"start": "00:01:07", "end": "00:01:12", "text": "planet. Now, the recent all-time high"}, {"start": "00:01:09", "end": "00:01:14", "text": "for Bitcoin that we experienced in 2024"}, {"start": "00:01:12", "end": "00:01:17", "text": "and 2025"}, {"start": "00:01:14", "end": "00:01:19", "text": "got us to right around 40 oz of gold per"}, {"start": "00:01:17", "end": "00:01:22", "text": "Bitcoin and that actual peak for Bitcoin"}, {"start": "00:01:19", "end": "00:01:24", "text": "came January 25. It was not in the"}, {"start": "00:01:22", "end": "00:01:26", "text": "December timeframe where we hit"}, {"start": "00:01:24", "end": "00:01:28", "text": "$126,000."}, {"start": "00:01:26", "end": "00:01:31", "text": "Now, Bitcoin is still sitting in what"}, {"start": "00:01:28", "end": "00:01:33", "text": "would be called a bear market low"}, {"start": "00:01:31", "end": "00:01:35", "text": "against the gold ratio. Even with this"}, {"start": "00:01:33", "end": "00:01:39", "text": "recent rally, we are still down from our"}, {"start": "00:01:35", "end": "00:01:41", "text": "previous all-time high by about 54% from"}, {"start": "00:01:39", "end": "00:01:43", "text": "that December 24 timeframe. What we've"}, {"start": "00:01:41", "end": "00:01:46", "text": "seen with Bitcoin recently is a great"}, {"start": "00:01:43", "end": "00:01:48", "text": "rally, but we are still more than 50%"}, {"start": "00:01:46", "end": "00:01:50", "text": "off the previous peak when measured"}, {"start": "00:01:48", "end": "00:01:52", "text": "against gold. This is not time for major"}, {"start": "00:01:50", "end": "00:01:55", "text": "victory laps. This is leaving us with a"}, {"start": "00:01:52", "end": "00:01:57", "text": "huge question. Now, the comparison of"}, {"start": "00:01:55", "end": "00:01:59", "text": "Bitcoin to gold is no longer just a"}, {"start": "00:01:57", "end": "00:02:01", "text": "comparison from some YouTube bro having"}, {"start": "00:01:59", "end": "00:02:03", "text": "the talking point that this is the"}, {"start": "00:02:01", "end": "00:02:06", "text": "digital gold. Gold became a formal"}, {"start": "00:02:03", "end": "00:02:09", "text": "national reserve asset in 1934, then got"}, {"start": "00:02:06", "end": "00:02:11", "text": "locked down into vaults in the mid-30s"}, {"start": "00:02:09", "end": "00:02:13", "text": "for defense reasons, national security"}, {"start": "00:02:11", "end": "00:02:15", "text": "reasons. Fort Knox was developed and the"}, {"start": "00:02:13", "end": "00:02:18", "text": "whole mythology behind that store of"}, {"start": "00:02:15", "end": "00:02:20", "text": "value continued. Bitcoin recently has"}, {"start": "00:02:18", "end": "00:02:23", "text": "been dropped into the same box on March"}, {"start": "00:02:20", "end": "00:02:25", "text": "6th of 2025 when the White House signed"}, {"start": "00:02:23", "end": "00:02:27", "text": "that executive order creating the"}, {"start": "00:02:25", "end": "00:02:30", "text": "strategic Bitcoin reserve. Fast forward"}, {"start": "00:02:27", "end": "00:02:31", "text": "to our current year, 2026, the Congress"}, {"start": "00:02:30", "end": "00:02:33", "text": "and the defense conversations were"}, {"start": "00:02:31", "end": "00:02:34", "text": "treating it as a national security issue"}, {"start": "00:02:33", "end": "00:02:36", "text": "still."}, {"start": "00:02:34", "end": "00:02:39", "text": "They're now paired in policy debates as"}, {"start": "00:02:36", "end": "00:02:41", "text": "complementary reserves, both gold and"}, {"start": "00:02:39", "end": "00:02:44", "text": "Bitcoin. Physical gold versus the"}, {"start": "00:02:41", "end": "00:02:46", "text": "digital gold. Now, these two occurrences"}, {"start": "00:02:44", "end": "00:02:48", "text": "are very far removed. With gold in the"}, {"start": "00:02:46", "end": "00:02:50", "text": "early 1930s and Bitcoin in our present"}, {"start": "00:02:48", "end": "00:02:52", "text": "day and age, these similarities did not"}, {"start": "00:02:50", "end": "00:02:54", "text": "pop up at the same time. They're 90"}, {"start": "00:02:52", "end": "00:02:57", "text": "years apart, but the same instinct, the"}, {"start": "00:02:54", "end": "00:02:59", "text": "same scarce asset narrative, the same"}, {"start": "00:02:57", "end": "00:03:02", "text": "store vault, and the intention to not"}, {"start": "00:02:59", "end": "00:03:04", "text": "sell it when you're scared. Samson Mow"}, {"start": "00:03:02", "end": "00:03:07", "text": "put this very, very bluntly back in"}, {"start": "00:03:04", "end": "00:03:11", "text": "February. Bitcoin Bitcoin looks 24 to"}, {"start": "00:03:07", "end": "00:03:13", "text": "66% below the trend versus gold's market"}, {"start": "00:03:11", "end": "00:03:16", "text": "cap and the global money supply. While"}, {"start": "00:03:13", "end": "00:03:18", "text": "gold itself is looking stretched, every"}, {"start": "00:03:16", "end": "00:03:21", "text": "single time the Bitcoin to gold Z score"}, {"start": "00:03:18", "end": "00:03:23", "text": "dropped under a -2, a major rally would"}, {"start": "00:03:21", "end": "00:03:25", "text": "follow. Now, on this Bitcoin to gold"}, {"start": "00:03:23", "end": "00:03:28", "text": "chart, there are some massive signals"}, {"start": "00:03:25", "end": "00:03:30", "text": "happening on the RSI on the weekly time"}, {"start": "00:03:28", "end": "00:03:32", "text": "frame. Michael van de Poppe had a great"}, {"start": "00:03:30", "end": "00:03:34", "text": "analysis on the situation unfolding. He"}, {"start": "00:03:32", "end": "00:03:37", "text": "argues that Bitcoin stopped acting like"}, {"start": "00:03:34", "end": "00:03:39", "text": "a casino chip and started outperforming"}, {"start": "00:03:37", "end": "00:03:42", "text": "gold by roughly 45%"}, {"start": "00:03:39", "end": "00:03:44", "text": "from that same time frame. The RSI"}, {"start": "00:03:42", "end": "00:03:45", "text": "falling under 30, which is shown on the"}, {"start": "00:03:44", "end": "00:03:47", "text": "upper band here, which is a little tough"}, {"start": "00:03:45", "end": "00:03:50", "text": "to see, so real quick, we're going to"}, {"start": "00:03:47", "end": "00:03:51", "text": "take a gander at it on TradingView."}, {"start": "00:03:50", "end": "00:03:54", "text": "Every time that this chart breached"}, {"start": "00:03:51", "end": "00:03:56", "text": "below the 30 mark on the RSI that marked"}, {"start": "00:03:54", "end": "00:03:57", "text": "very clear local bottoms. And then one"}, {"start": "00:03:56", "end": "00:04:00", "text": "of the most interesting data points"}, {"start": "00:03:57", "end": "00:04:04", "text": "about this angle is that these RSI"}, {"start": "00:04:00", "end": "00:04:06", "text": "prints below 30 happen at capitulation"}, {"start": "00:04:04", "end": "00:04:07", "text": "candle time frames where the fear gets"}, {"start": "00:04:06", "end": "00:04:10", "text": "the heaviest in crypto. Right here"}, {"start": "00:04:07", "end": "00:04:13", "text": "around early February 2026, again a"}, {"start": "00:04:10", "end": "00:04:16", "text": "capitulation time frame of June of 2022,"}, {"start": "00:04:13", "end": "00:04:18", "text": "we all remember that. And again it"}, {"start": "00:04:16", "end": "00:04:21", "text": "prints the perfect bottom here on"}, {"start": "00:04:18", "end": "00:04:24", "text": "December 18th of 20 19. Historically,"}, {"start": "00:04:21", "end": "00:04:26", "text": "these situations were historic and"}, {"start": "00:04:24", "end": "00:04:29", "text": "generational entry points. This line is"}, {"start": "00:04:26", "end": "00:04:31", "text": "a gold's time is done for now, that"}, {"start": "00:04:29", "end": "00:04:34", "text": "Bitcoin's time is here. FX Empire is"}, {"start": "00:04:31", "end": "00:04:37", "text": "looking at these same statistics, a"}, {"start": "00:04:34", "end": "00:04:39", "text": "bounce from the support at 13 oz per"}, {"start": "00:04:37", "end": "00:04:42", "text": "Bitcoin here on the Bitcoin to gold"}, {"start": "00:04:39", "end": "00:04:45", "text": "ratio. This level being support is"}, {"start": "00:04:42", "end": "00:04:47", "text": "proving to be a massive bounce pad for"}, {"start": "00:04:45", "end": "00:04:49", "text": "Bitcoin when it's measured against the"}, {"start": "00:04:47", "end": "00:04:52", "text": "apex asset on the planet, which is gold."}, {"start": "00:04:49", "end": "00:04:54", "text": "FX Empire's highlighting a reasonable"}, {"start": "00:04:52", "end": "00:04:57", "text": "and likely resistance point right around"}, {"start": "00:04:54", "end": "00:04:59", "text": "the 21 oz per Bitcoin level for this"}, {"start": "00:04:57", "end": "00:05:01", "text": "ratio to actually run into some"}, {"start": "00:04:59", "end": "00:05:04", "text": "turbulence. And local support for this"}, {"start": "00:05:01", "end": "00:05:06", "text": "being built around the 13 oz per Bitcoin"}, {"start": "00:05:04", "end": "00:05:08", "text": "level. A greater underlying tone that I"}, {"start": "00:05:06", "end": "00:05:11", "text": "can't help but ignore is that Bitcoin"}, {"start": "00:05:08", "end": "00:05:14", "text": "has quickly risen to the ranks of being"}, {"start": "00:05:11", "end": "00:05:16", "text": "valued in something like gold, competing"}, {"start": "00:05:14", "end": "00:05:18", "text": "with it in a trillion-dollar asset class"}, {"start": "00:05:16", "end": "00:05:20", "text": "level. While gold is sitting above 30"}, {"start": "00:05:18", "end": "00:05:22", "text": "trillion right now, Bitcoin can gather a"}, {"start": "00:05:20", "end": "00:05:24", "text": "lot of steam catching up to it over the"}, {"start": "00:05:22", "end": "00:05:26", "text": "next few years. And these type of charts"}, {"start": "00:05:24", "end": "00:05:28", "text": "are what's opening up that $100,000"}, {"start": "00:05:26", "end": "00:05:31", "text": "Bitcoin talk way sooner than the average"}, {"start": "00:05:28", "end": "00:05:33", "text": "four-year cycle trader is ready for. And"}, {"start": "00:05:31", "end": "00:05:35", "text": "gold definitely does win"}, {"start": "00:05:33", "end": "00:05:37", "text": "in the short-term time frame when panic"}, {"start": "00:05:35", "end": "00:05:39", "text": "starts to set in, but as you can see"}, {"start": "00:05:37", "end": "00:05:41", "text": "those massive panics will happen and all"}, {"start": "00:05:39", "end": "00:05:43", "text": "of a sudden Bitcoin catches its footing,"}, {"start": "00:05:41", "end": "00:05:46", "text": "setting a series of higher lows very"}, {"start": "00:05:43", "end": "00:05:48", "text": "consistent over cycle time frames. And"}, {"start": "00:05:46", "end": "00:05:50", "text": "just looking at this chart in general,"}, {"start": "00:05:48", "end": "00:05:52", "text": "people say that the bear market hasn't"}, {"start": "00:05:50", "end": "00:05:54", "text": "been bad enough. Well, this is some"}, {"start": "00:05:52", "end": "00:05:57", "text": "extra alpha, some extra credit here. Is"}, {"start": "00:05:54", "end": "00:05:59", "text": "it the depth of this bear market that we"}, {"start": "00:05:57", "end": "00:06:01", "text": "are going through right now is just as"}, {"start": "00:05:59", "end": "00:06:04", "text": "deep as the bear market money flow wave"}, {"start": "00:06:01", "end": "00:06:07", "text": "that fell down to about the negative 35"}, {"start": "00:06:04", "end": "00:06:10", "text": "level in 2018. This bear market has been"}, {"start": "00:06:07", "end": "00:06:11", "text": "plenty on Bitcoin and crypto really if"}, {"start": "00:06:10", "end": "00:06:14", "text": "you're looking at it from the right"}, {"start": "00:06:11", "end": "00:06:16", "text": "periscope at a longer time frame, the"}, {"start": "00:06:14", "end": "00:06:18", "text": "pain is already there. Real hopium is"}, {"start": "00:06:16", "end": "00:06:20", "text": "sitting here waiting and begging for"}, {"start": "00:06:18", "end": "00:06:22", "text": "$30,000 Bitcoin to just come hit you in"}, {"start": "00:06:20", "end": "00:06:24", "text": "the head or trying to make an investment"}, {"start": "00:06:22", "end": "00:06:27", "text": "thesis built off of possibilities and"}, {"start": "00:06:24", "end": "00:06:29", "text": "not probabilities. The probabilities are"}, {"start": "00:06:27", "end": "00:06:32", "text": "showing us that Bitcoin is setting up to"}, {"start": "00:06:29", "end": "00:06:35", "text": "be bottoming out against gold and the"}, {"start": "00:06:32", "end": "00:06:37", "text": "time for crypto to glow up once again is"}, {"start": "00:06:35", "end": "00:06:39", "text": "right upon us. But I definitely want to"}, {"start": "00:06:37", "end": "00:06:42", "text": "know your thoughts. Do you think that"}, {"start": "00:06:39", "end": "00:06:44", "text": "this recent rally is the local top for"}, {"start": "00:06:42", "end": "00:06:46", "text": "Bitcoin? We're running into the 50 SMA"}, {"start": "00:06:44", "end": "00:06:48", "text": "right now and we are at that proving"}, {"start": "00:06:46", "end": "00:06:51", "text": "point. Is Bitcoin getting ready to"}, {"start": "00:06:48", "end": "00:06:53", "text": "finally win the store of value argument"}, {"start": "00:06:51", "end": "00:06:56", "text": "or is gold about to remind everybody who"}, {"start": "00:06:53", "end": "00:06:57", "text": "got in the vault first? Let me know down"}, {"start": "00:06:56", "end": "00:06:59", "text": "in the comments below and make sure to"}, {"start": "00:06:57", "end": "00:07:01", "text": "check out our school community. [music]"}, {"start": "00:06:59", "end": "00:07:03", "text": "Completely free to try and we built out"}, {"start": "00:07:01", "end": "00:07:05", "text": "massive amounts of resources for any"}, {"start": "00:07:03", "end": "00:07:07", "text": "investor, whatever level you are to come"}, {"start": "00:07:05", "end": "00:07:09", "text": "in and get the tools necessary to keep"}, {"start": "00:07:07", "end": "00:07:10", "text": "up with this market. Looking forward to"}, {"start": "00:07:09", "end": "00:07:13", "text": "your thoughts. I'll see you on the next"}, {"start": "00:07:10", "end": "00:07:13", "text": "one."}]

[{"start": "00:00:02", "end": "00:00:06", "text": "Welcome back to Cryptos Are Us. I'm"}, {"start": "00:00:04", "end": "00:00:09", "text": "George."}, {"start": "00:00:06", "end": "00:00:14", "text": "We're all George. Welcome to another"}, {"start": "00:00:09", "end": "00:00:17", "text": "market open stream. Welcome."}, {"start": "00:00:14", "end": "00:00:19", "text": "Bitcoin investors. I don't know where I"}, {"start": "00:00:17", "end": "00:00:21", "text": "was going with that, but uh the AI"}, {"start": "00:00:19", "end": "00:00:24", "text": "meltdown"}, {"start": "00:00:21", "end": "00:00:27", "text": "begins. It happened this weekend and"}, {"start": "00:00:24", "end": "00:00:31", "text": "markets are looking quite brutal. very"}, {"start": "00:00:27", "end": "00:00:35", "text": "very very red today. So, can Bitcoin"}, {"start": "00:00:31", "end": "00:00:38", "text": "hold and withstand this meltdown? Let's"}, {"start": "00:00:35", "end": "00:00:42", "text": "talk about it. Let's talk about why the"}, {"start": "00:00:38", "end": "00:00:45", "text": "industry leaders are so afraid of what's"}, {"start": "00:00:42", "end": "00:00:45", "text": "coming."}, {"start": "00:00:45", "end": "00:00:49", "text": "Let's discuss and other things that's"}, {"start": "00:00:47", "end": "00:00:52", "text": "going on this week, too. All right,"}, {"start": "00:00:49", "end": "00:00:55", "text": "let's do it, guys. Welcome, welcome,"}, {"start": "00:00:52", "end": "00:01:00", "text": "welcome. Well, right now it does seem"}, {"start": "00:00:55", "end": "00:01:02", "text": "like Bitcoin and crypto are unaffected"}, {"start": "00:01:00", "end": "00:01:05", "text": "by what's going on with the broader"}, {"start": "00:01:02", "end": "00:01:08", "text": "market. So, Bitcoin is at 78,000. So,"}, {"start": "00:01:05", "end": "00:01:10", "text": "overall, you could see we've just been"}, {"start": "00:01:08", "end": "00:01:13", "text": "going sideways for like two three weeks"}, {"start": "00:01:10", "end": "00:01:17", "text": "now, which is good. Uh, ETH is still"}, {"start": "00:01:13", "end": "00:01:19", "text": "doing well at 2500. Sold above 100. All"}, {"start": "00:01:17", "end": "00:01:21", "text": "dandy right now. Of course, we're"}, {"start": "00:01:19", "end": "00:01:26", "text": "waiting for a breakout, but you could"}, {"start": "00:01:21", "end": "00:01:28", "text": "see today pretty red. Not good. Okay,"}, {"start": "00:01:26", "end": "00:01:30", "text": "last week again, it's up and down right"}, {"start": "00:01:28", "end": "00:01:33", "text": "now with the US market. Last week on"}, {"start": "00:01:30", "end": "00:01:36", "text": "Friday it was great green day. Today"}, {"start": "00:01:33", "end": "00:01:40", "text": "really red. And that's due to two"}, {"start": "00:01:36", "end": "00:01:44", "text": "things. Number one, the biggest thing is"}, {"start": "00:01:40", "end": "00:01:48", "text": "over the weekend you had all the major"}, {"start": "00:01:44", "end": "00:01:51", "text": "CEOs of these frontier labs."}, {"start": "00:01:48", "end": "00:01:53", "text": "um come out and say that we need to halt"}, {"start": "00:01:51", "end": "00:01:55", "text": "and this kind of started with Daario"}, {"start": "00:01:53", "end": "00:01:57", "text": "from Anthropic. This actually started"}, {"start": "00:01:55", "end": "00:02:01", "text": "from the previous person I mentioned"}, {"start": "00:01:57", "end": "00:02:04", "text": "before that called how uh there's a 10%"}, {"start": "00:02:01", "end": "00:02:07", "text": "chance of human annihilation by the end"}, {"start": "00:02:04", "end": "00:02:09", "text": "of the decade or something like that. So"}, {"start": "00:02:07", "end": "00:02:12", "text": "Daario"}, {"start": "00:02:09", "end": "00:02:14", "text": "came out and wrote this piece on X and"}, {"start": "00:02:12", "end": "00:02:17", "text": "here's Daario"}, {"start": "00:02:14", "end": "00:02:20", "text": "and said that yeah he thinks that it is"}, {"start": "00:02:17", "end": "00:02:24", "text": "scary that AI can get out of control and"}, {"start": "00:02:20", "end": "00:02:27", "text": "he calls for a slowdown."}, {"start": "00:02:24", "end": "00:02:29", "text": "Okay. Uh because he wants to make sure"}, {"start": "00:02:27", "end": "00:02:31", "text": "there's proper safeguards and all that"}, {"start": "00:02:29", "end": "00:02:34", "text": "good stuff."}, {"start": "00:02:31", "end": "00:02:36", "text": "So after he said that,"}, {"start": "00:02:34", "end": "00:02:38", "text": "you know, like a day later or something"}, {"start": "00:02:36", "end": "00:02:41", "text": "like that or maybe 12 hours later, then"}, {"start": "00:02:38", "end": "00:02:42", "text": "you have Sam Alman from OpenAI. And the"}, {"start": "00:02:41", "end": "00:02:45", "text": "two do not like each other, by the way,"}, {"start": "00:02:42", "end": "00:02:47", "text": "because Daario used to be from OpenAI."}, {"start": "00:02:45", "end": "00:02:49", "text": "He broke off and started Anthropic and"}, {"start": "00:02:47", "end": "00:02:50", "text": "they are doing very well. In fact,"}, {"start": "00:02:49", "end": "00:02:54", "text": "they're making even more money right now"}, {"start": "00:02:50", "end": "00:02:56", "text": "than OpenAI. Uh and Sam Alman comes out"}, {"start": "00:02:54", "end": "00:03:00", "text": "and says he agrees."}, {"start": "00:02:56", "end": "00:03:03", "text": "He agrees. Okay. And then Elon came out"}, {"start": "00:03:00", "end": "00:03:06", "text": "and also said he agrees too. So the"}, {"start": "00:03:03", "end": "00:03:10", "text": "three major CEOs of the three major"}, {"start": "00:03:06", "end": "00:03:14", "text": "frontier labs all said that they agree"}, {"start": "00:03:10", "end": "00:03:17", "text": "that there should be some kind of global"}, {"start": "00:03:14", "end": "00:03:19", "text": "slowdown on AI development so that"}, {"start": "00:03:17", "end": "00:03:22", "text": "proper safeguards could be made and all"}, {"start": "00:03:19", "end": "00:03:24", "text": "that stuff. Trump chimed in and said,"}, {"start": "00:03:22", "end": "00:03:26", "text": "\"No, we're not going to slow down. We"}, {"start": "00:03:24", "end": "00:03:26", "text": "don't want to be number two to China.\""}, {"start": "00:03:26", "end": "00:03:28", "text": ">> [laughter]"}, {"start": "00:03:26", "end": "00:03:32", "text": ">> I don't know if he really read what they"}, {"start": "00:03:28", "end": "00:03:35", "text": "said. And then Sam Alman added more on"}, {"start": "00:03:32", "end": "00:03:37", "text": "top of it saying that, you know, if"}, {"start": "00:03:35", "end": "00:03:39", "text": "there's not proper"}, {"start": "00:03:37", "end": "00:03:41", "text": "regulations, he's actually calling for"}, {"start": "00:03:39", "end": "00:03:45", "text": "federal regulations. If there's not"}, {"start": "00:03:41", "end": "00:03:49", "text": "proper regulations and oversight"}, {"start": "00:03:45", "end": "00:03:51", "text": "uh and safeguards, we can very well lose"}, {"start": "00:03:49", "end": "00:03:54", "text": "control one day."}, {"start": "00:03:51", "end": "00:03:58", "text": "So that's what's causing the AI selloff"}, {"start": "00:03:54", "end": "00:04:00", "text": "right now. Okay. um a lot of fear or"}, {"start": "00:03:58", "end": "00:04:04", "text": "fear-mongering at this point. And that's"}, {"start": "00:04:00", "end": "00:04:08", "text": "exactly what China thinks. China's uh"}, {"start": "00:04:04", "end": "00:04:11", "text": "CEOs, their AI frontier labs, their own"}, {"start": "00:04:08", "end": "00:04:14", "text": "are all saying this is fear-mongering."}, {"start": "00:04:11", "end": "00:04:16", "text": "See, here's the thing. So, I don't know"}, {"start": "00:04:14", "end": "00:04:18", "text": "what to think of it. Obviously, you guys"}, {"start": "00:04:16", "end": "00:04:21", "text": "know if you guys been watching me, I I"}, {"start": "00:04:18", "end": "00:04:24", "text": "do fear that AI is advancing so quickly"}, {"start": "00:04:21", "end": "00:04:26", "text": "that there will be basically no desk"}, {"start": "00:04:24", "end": "00:04:28", "text": "jobs left in 10 years. I do think there"}, {"start": "00:04:26", "end": "00:04:31", "text": "will be some major advancements with"}, {"start": "00:04:28", "end": "00:04:34", "text": "medicine over the next 5 to 10 years and"}, {"start": "00:04:31", "end": "00:04:36", "text": "uh and there's a lot of"}, {"start": "00:04:34", "end": "00:04:39", "text": "crazy things happening with AI, right?"}, {"start": "00:04:36", "end": "00:04:41", "text": "So, can we lose control? Can these"}, {"start": "00:04:39", "end": "00:04:44", "text": "companies one day come out with some"}, {"start": "00:04:41", "end": "00:04:47", "text": "kind of sentient AI that takes over a"}, {"start": "00:04:44", "end": "00:04:49", "text": "world and slaughters humanity or"}, {"start": "00:04:47", "end": "00:04:53", "text": "enslaves humanity? There's definitely a"}, {"start": "00:04:49", "end": "00:04:54", "text": "chance, right? But all this talk,"}, {"start": "00:04:53", "end": "00:04:56", "text": "is it [snorts] going to lead anywhere?"}, {"start": "00:04:54", "end": "00:04:58", "text": "And is it going to lead anywhere good?"}, {"start": "00:04:56", "end": "00:05:00", "text": "So that's the thing. It's like after all"}, {"start": "00:04:58", "end": "00:05:02", "text": "this,"}, {"start": "00:05:00", "end": "00:05:04", "text": "after you have all these companies"}, {"start": "00:05:02", "end": "00:05:06", "text": "saying their things and stuff like that,"}, {"start": "00:05:04", "end": "00:05:08", "text": "you still have Anthropic that's trying"}, {"start": "00:05:06", "end": "00:05:11", "text": "to go IPO this year, still trying to"}, {"start": "00:05:08", "end": "00:05:16", "text": "push for $2 trillion valuation. So, it's"}, {"start": "00:05:11", "end": "00:05:18", "text": "like I don't know how this is,"}, {"start": "00:05:16", "end": "00:05:20", "text": "you know, real, right? If Anthropic and"}, {"start": "00:05:18", "end": "00:05:22", "text": "Daario really thought that they were"}, {"start": "00:05:20", "end": "00:05:25", "text": "advancing too quick and calls for global"}, {"start": "00:05:22", "end": "00:05:27", "text": "slowdown, well, then call off your IPO,"}, {"start": "00:05:25", "end": "00:05:29", "text": "right? and say, \"Well, we're just going"}, {"start": "00:05:27", "end": "00:05:32", "text": "to take things in a more relaxed"}, {"start": "00:05:29", "end": "00:05:33", "text": "manner.\" That's not the case. He's still"}, {"start": "00:05:32", "end": "00:05:36", "text": "trying to raise money, trying to raise a"}, {"start": "00:05:33", "end": "00:05:38", "text": "lot of it to grow more AI models, to"}, {"start": "00:05:36", "end": "00:05:41", "text": "grow whatever they have. So, it doesn't"}, {"start": "00:05:38", "end": "00:05:44", "text": "make a whole lot of sense. And even"}, {"start": "00:05:41", "end": "00:05:47", "text": "after Elon chimed in and said, \"Yeah, I"}, {"start": "00:05:44", "end": "00:05:49", "text": "agree. We should have a slowdown.\" I saw"}, {"start": "00:05:47", "end": "00:05:52", "text": "this randomly"}, {"start": "00:05:49", "end": "00:05:55", "text": "yesterday when uh someone asked about"}, {"start": "00:05:52", "end": "00:05:58", "text": "Gro 4.7 which is the next model to come"}, {"start": "00:05:55", "end": "00:06:01", "text": "out right and then Elon says no no no"}, {"start": "00:05:58", "end": "00:06:04", "text": "let's not let's not forget 4.8 which is"}, {"start": "00:06:01", "end": "00:06:06", "text": "the model right after 4.7 which isn't"}, {"start": "00:06:04", "end": "00:06:09", "text": "even released yet is going to be coming"}, {"start": "00:06:06", "end": "00:06:10", "text": "out by the end of September. So are"}, {"start": "00:06:09", "end": "00:06:13", "text": "these guys really concerned or they're"}, {"start": "00:06:10", "end": "00:06:15", "text": "just saying something because it doesn't"}, {"start": "00:06:13", "end": "00:06:17", "text": "seem like Elon's slowing down. he's"}, {"start": "00:06:15", "end": "00:06:20", "text": "going to keep on releasing Grock. And if"}, {"start": "00:06:17", "end": "00:06:22", "text": "he's going to do that, is OpenAI and"}, {"start": "00:06:20", "end": "00:06:24", "text": "Anthropic really going to slow down? And"}, {"start": "00:06:22", "end": "00:06:25", "text": "more importantly, are the Chinese"}, {"start": "00:06:24", "end": "00:06:30", "text": "companies going to slow down? Because"}, {"start": "00:06:25", "end": "00:06:33", "text": "you have Deepseek, GLM, you have uh what"}, {"start": "00:06:30", "end": "00:06:35", "text": "else is there? Uh Kimmy,"}, {"start": "00:06:33", "end": "00:06:38", "text": "um"}, {"start": "00:06:35", "end": "00:06:40", "text": "even Quinn from Alibaba. I mean, there's"}, {"start": "00:06:38", "end": "00:06:42", "text": "so many and I don't think any of them"}, {"start": "00:06:40", "end": "00:06:45", "text": "gonna go slow down. So that's the thing."}, {"start": "00:06:42", "end": "00:06:48", "text": "It's like"}, {"start": "00:06:45", "end": "00:06:50", "text": "I don't know. Uh it seems like this just"}, {"start": "00:06:48", "end": "00:06:53", "text": "this is going to go nowhere. But right"}, {"start": "00:06:50", "end": "00:06:57", "text": "now I do know it's causing some crazy"}, {"start": "00:06:53", "end": "00:07:00", "text": "selloffs with AI infrastructure, AI"}, {"start": "00:06:57", "end": "00:07:03", "text": "stocks right now. Uh like AMD is down"}, {"start": "00:07:00", "end": "00:07:05", "text": "like 6%,"}, {"start": "00:07:03", "end": "00:07:08", "text": "TSM down 3%."}, {"start": "00:07:05", "end": "00:07:12", "text": "Uh HP down 10%,"}, {"start": "00:07:08", "end": "00:07:15", "text": "SpaceX down 3%. It's like sand this down"}, {"start": "00:07:12", "end": "00:07:17", "text": "7% is causing a major meltdown right"}, {"start": "00:07:15", "end": "00:07:20", "text": "now. Major major meltdown. But maybe you"}, {"start": "00:07:17", "end": "00:07:22", "text": "know what this overblown and people just"}, {"start": "00:07:20", "end": "00:07:24", "text": "get back to buying later today or"}, {"start": "00:07:22", "end": "00:07:27", "text": "tomorrow."}, {"start": "00:07:24", "end": "00:07:29", "text": "So that that's what's going on with AI."}, {"start": "00:07:27", "end": "00:07:31", "text": "There's there definitely a lot of fear"}, {"start": "00:07:29", "end": "00:07:36", "text": "and fear-mongering and fear spreading at"}, {"start": "00:07:31", "end": "00:07:40", "text": "this point. Okay. Um and is it part of"}, {"start": "00:07:36", "end": "00:07:42", "text": "chess? 5D chess Andy says maybe. I'm"}, {"start": "00:07:40", "end": "00:07:44", "text": "looking forward to Gro 4.7 4.8. I I"}, {"start": "00:07:42", "end": "00:07:46", "text": "don't I don't I don't look forward to"}, {"start": "00:07:44", "end": "00:07:50", "text": "any slowdowns, okay? Because I don't"}, {"start": "00:07:46", "end": "00:07:50", "text": "think it's going to do anything."}, {"start": "00:07:51", "end": "00:07:56", "text": "We just need better people. We just need"}, {"start": "00:07:54", "end": "00:07:58", "text": "better people at the front of these"}, {"start": "00:07:56", "end": "00:08:02", "text": "companies. That's it. I I don't know"}, {"start": "00:07:58", "end": "00:08:04", "text": "about Sam, but I don't know about Dario."}, {"start": "00:08:02", "end": "00:08:06", "text": "I don't truly know about Elon, but Elon"}, {"start": "00:08:04", "end": "00:08:09", "text": "seems to be the best at leading things"}, {"start": "00:08:06", "end": "00:08:11", "text": "right now."}, {"start": "00:08:09", "end": "00:08:14", "text": "We will see."}, {"start": "00:08:11", "end": "00:08:17", "text": "Now, outside all this AI stuff, all the"}, {"start": "00:08:14", "end": "00:08:21", "text": "AI meltdown, uh, this certainly isn't"}, {"start": "00:08:17", "end": "00:08:24", "text": "good, okay, for this week."}, {"start": "00:08:21", "end": "00:08:26", "text": "So, Saudi Arabia closed down one of"}, {"start": "00:08:24", "end": "00:08:29", "text": "their crucial pipelines because they"}, {"start": "00:08:26", "end": "00:08:33", "text": "said it's getting hit by drones."}, {"start": "00:08:29", "end": "00:08:37", "text": "So, oil is skyrocketing right now. Brent"}, {"start": "00:08:33", "end": "00:08:37", "text": "is almost 110"}, {"start": "00:08:38", "end": "00:08:43", "text": "and this happened yesterday. You could"}, {"start": "00:08:40", "end": "00:08:46", "text": "see that that huge jump. So obviously"}, {"start": "00:08:43", "end": "00:08:49", "text": "with oil going up,"}, {"start": "00:08:46", "end": "00:08:50", "text": "inflation is going to skyrocket."}, {"start": "00:08:49", "end": "00:08:54", "text": "Doesn't seem like it's coming down"}, {"start": "00:08:50", "end": "00:08:56", "text": "anytime soon,"}, {"start": "00:08:54", "end": "00:09:00", "text": "right? So a lot of people are predicting"}, {"start": "00:08:56", "end": "00:09:05", "text": "this week we are going to get a rate"}, {"start": "00:09:00", "end": "00:09:08", "text": "hike which is very counterintuitive to"}, {"start": "00:09:05", "end": "00:09:10", "text": "markets going upwards."}, {"start": "00:09:08", "end": "00:09:13", "text": "Okay. So if you're looking at the FOMC"}, {"start": "00:09:10", "end": "00:09:15", "text": "calendar"}, {"start": "00:09:13", "end": "00:09:18", "text": "so in two days on Wednesday we will get"}, {"start": "00:09:15", "end": "00:09:21", "text": "that next press conference and right now"}, {"start": "00:09:18", "end": "00:09:26", "text": "there's only 11.5%"}, {"start": "00:09:21", "end": "00:09:26", "text": "chance of hold. hike is up to 88.5%."}, {"start": "00:09:26", "end": "00:09:34", "text": "We would need a miracle, a a miracle."}, {"start": "00:09:31", "end": "00:09:38", "text": "And somehow Warsh and Waller convinces"}, {"start": "00:09:34", "end": "00:09:40", "text": "everyone, at least half of the board,"}, {"start": "00:09:38", "end": "00:09:42", "text": "not to hike."}, {"start": "00:09:40", "end": "00:09:45", "text": "We have never ever ever seen that"}, {"start": "00:09:42", "end": "00:09:47", "text": "before."}, {"start": "00:09:45", "end": "00:09:49", "text": "So"}, {"start": "00:09:47", "end": "00:09:51", "text": "yeah, unless that happens, we're going"}, {"start": "00:09:49", "end": "00:09:55", "text": "to get more hikes. And look and look at"}, {"start": "00:09:51", "end": "00:09:59", "text": "this target path right that's not just a"}, {"start": "00:09:55", "end": "00:10:04", "text": "one time it is projected that rates will"}, {"start": "00:09:59", "end": "00:10:07", "text": "keep going up and top out around 4.5%"}, {"start": "00:10:04", "end": "00:10:10", "text": "which is a full percent higher than"}, {"start": "00:10:07", "end": "00:10:12", "text": "where we are now if things don't change"}, {"start": "00:10:10", "end": "00:10:14", "text": "as we enter"}, {"start": "00:10:12", "end": "00:10:18", "text": "you know the latter half or latter"}, {"start": "00:10:14", "end": "00:10:21", "text": "quarter of this year and then enter next"}, {"start": "00:10:18", "end": "00:10:23", "text": "year right So rates going up like this"}, {"start": "00:10:21", "end": "00:10:26", "text": "is no good"}, {"start": "00:10:23", "end": "00:10:29", "text": "and you know AI meltdown is not going to"}, {"start": "00:10:26", "end": "00:10:30", "text": "help things and oil being elevated is"}, {"start": "00:10:29", "end": "00:10:34", "text": "going to cause this to happen. So, we"}, {"start": "00:10:30", "end": "00:10:36", "text": "need all this to stop"}, {"start": "00:10:34", "end": "00:10:39", "text": "quickly,"}, {"start": "00:10:36", "end": "00:10:41", "text": "right?"}, {"start": "00:10:39", "end": "00:10:43", "text": "So, I guess we'll see what happens on"}, {"start": "00:10:41", "end": "00:10:46", "text": "Wednesday. But generally speaking,"}, {"start": "00:10:43", "end": "00:10:48", "text": "before FOMC meeting, it gets quite"}, {"start": "00:10:46", "end": "00:10:50", "text": "volatile. So, part of today could be"}, {"start": "00:10:48", "end": "00:10:51", "text": "that tomorrow could be volatile, too."}, {"start": "00:10:50", "end": "00:10:54", "text": "And then everyone waits to see what"}, {"start": "00:10:51", "end": "00:10:56", "text": "happens on Wednesday. Uh maybe there's a"}, {"start": "00:10:54", "end": "00:10:58", "text": "shocker."}, {"start": "00:10:56", "end": "00:11:00", "text": "Okay. I I haven't seen it. Ever since"}, {"start": "00:10:58", "end": "00:11:02", "text": "I've started covering FOMC meetings, I"}, {"start": "00:11:00", "end": "00:11:04", "text": "haven't seen one where they went against"}, {"start": "00:11:02", "end": "00:11:06", "text": "the percentage."}, {"start": "00:11:04", "end": "00:11:08", "text": "Um,"}, {"start": "00:11:06", "end": "00:11:11", "text": "especially this this this drastic,"}, {"start": "00:11:08", "end": "00:11:13", "text": "right? So,"}, {"start": "00:11:11", "end": "00:11:15", "text": "we will see."}, {"start": "00:11:13", "end": "00:11:18", "text": "This is going to be a big week. Big"}, {"start": "00:11:15", "end": "00:11:22", "text": "interesting week."}, {"start": "00:11:18", "end": "00:11:24", "text": "Uh going back to Bitcoin last uh last"}, {"start": "00:11:22", "end": "00:11:26", "text": "Friday we had a small little outflow"}, {"start": "00:11:24", "end": "00:11:29", "text": "minus3 million but you can see ETH had a"}, {"start": "00:11:26", "end": "00:11:31", "text": "big outflow last week on Friday I don't"}, {"start": "00:11:29", "end": "00:11:33", "text": "know if you guys remember ETH broke out"}, {"start": "00:11:31", "end": "00:11:36", "text": "2600"}, {"start": "00:11:33", "end": "00:11:38", "text": "so that explains this"}, {"start": "00:11:36", "end": "00:11:39", "text": "right a lot of people were fomoing in"}, {"start": "00:11:38", "end": "00:11:41", "text": "and ETH is still doing quite well about"}, {"start": "00:11:39", "end": "00:11:46", "text": "2500"}, {"start": "00:11:41", "end": "00:11:51", "text": "uh sold about even XRP about even so ETH"}, {"start": "00:11:46", "end": "00:11:56", "text": "had a really good Friday and overall"}, {"start": "00:11:51", "end": "00:12:00", "text": "last 30 days for them plus 2.2 billion."}, {"start": "00:11:56", "end": "00:12:03", "text": "So, they're doing good. And we got this"}, {"start": "00:12:00", "end": "00:12:06", "text": "tomorrow. There's a vote to see if we"}, {"start": "00:12:03", "end": "00:12:09", "text": "could get the Clarity Act to be voted"}, {"start": "00:12:06", "end": "00:12:10", "text": "upon in the Senate."}, {"start": "00:12:09", "end": "00:12:14", "text": "Right. We've been waiting for this a"}, {"start": "00:12:10", "end": "00:12:16", "text": "monthlong recess."}, {"start": "00:12:14", "end": "00:12:19", "text": "So, we will see"}, {"start": "00:12:16", "end": "00:12:21", "text": "we get enough votes to get the Clary Act"}, {"start": "00:12:19", "end": "00:12:25", "text": "to get voted upon. So, it's like a vote."}, {"start": "00:12:21", "end": "00:12:26", "text": "It's a prevote before the actual vote,"}, {"start": "00:12:25", "end": "00:12:28", "text": "right? And we've been talking about this"}, {"start": "00:12:26", "end": "00:12:32", "text": "for a long time."}, {"start": "00:12:28", "end": "00:12:33", "text": "Honestly, I don't I don't think this go"}, {"start": "00:12:32", "end": "00:12:37", "text": "this is going to move markets either"}, {"start": "00:12:33", "end": "00:12:41", "text": "way. Uh well, I take that back. if it"}, {"start": "00:12:37", "end": "00:12:43", "text": "doesn't get approved, right? I don't"}, {"start": "00:12:41", "end": "00:12:45", "text": "think it's I don't think it's going to"}, {"start": "00:12:43", "end": "00:12:48", "text": "affect US market that much, at least the"}, {"start": "00:12:45", "end": "00:12:51", "text": "Bitcoin crypto market. If it does get"}, {"start": "00:12:48", "end": "00:12:52", "text": "approved, it will affect things. But I"}, {"start": "00:12:51", "end": "00:12:54", "text": "think most people think this is not"}, {"start": "00:12:52", "end": "00:12:56", "text": "going to get passed, right? There's too"}, {"start": "00:12:54", "end": "00:12:59", "text": "many like Democrats that are holding"}, {"start": "00:12:56", "end": "00:13:02", "text": "this for other reasons. There are just"}, {"start": "00:12:59", "end": "00:13:03", "text": "too many things holding it back. But"}, {"start": "00:13:02", "end": "00:13:06", "text": "overall, if you think about it, it"}, {"start": "00:13:03", "end": "00:13:08", "text": "doesn't really mean a whole lot. It's"}, {"start": "00:13:06", "end": "00:13:11", "text": "more like a symbol at this point in my"}, {"start": "00:13:08", "end": "00:13:13", "text": "opinion because we have favorable"}, {"start": "00:13:11", "end": "00:13:16", "text": "regulations all around already. The two"}, {"start": "00:13:13", "end": "00:13:18", "text": "governing bodies, the SEC and SCFTC that"}, {"start": "00:13:16", "end": "00:13:21", "text": "controls basically all of crypto are"}, {"start": "00:13:18", "end": "00:13:25", "text": "both pro innovation. So, you don't"}, {"start": "00:13:21", "end": "00:13:27", "text": "really need this, but this just puts a"}, {"start": "00:13:25", "end": "00:13:30", "text": "stamp on it, right? And there are things"}, {"start": "00:13:27", "end": "00:13:33", "text": "in here that discusses about stable coin"}, {"start": "00:13:30", "end": "00:13:35", "text": "and yield and how banks and crypto"}, {"start": "00:13:33", "end": "00:13:36", "text": "companies should operate, but those"}, {"start": "00:13:35", "end": "00:13:39", "text": "things could be implemented even"}, {"start": "00:13:36", "end": "00:13:44", "text": "regardless without the Clarity Act. But"}, {"start": "00:13:39", "end": "00:13:46", "text": "it would be much easier with it. So,"}, {"start": "00:13:44", "end": "00:13:48", "text": "we'll see. We'll see what happens. Can"}, {"start": "00:13:46", "end": "00:13:51", "text": "we get a surprise? Yes. And get this"}, {"start": "00:13:48", "end": "00:13:53", "text": "voted upon last minute. I hope so. Even"}, {"start": "00:13:51", "end": "00:13:56", "text": "during recess, there's been a lot of"}, {"start": "00:13:53", "end": "00:13:58", "text": "talk about Senator Lumis and others"}, {"start": "00:13:56", "end": "00:14:01", "text": "reaching out to senators to try to"}, {"start": "00:13:58", "end": "00:14:03", "text": "convince their their mind. I don't know."}, {"start": "00:14:01", "end": "00:14:06", "text": "There are just so many other things that"}, {"start": "00:14:03", "end": "00:14:11", "text": "they're worried about. So,"}, {"start": "00:14:06", "end": "00:14:14", "text": "we will see. We will see."}, {"start": "00:14:11", "end": "00:14:17", "text": "Maybe just slip them all some Trump coin"}, {"start": "00:14:14", "end": "00:14:22", "text": "or something."}, {"start": "00:14:17", "end": "00:14:24", "text": "Uh, just kidding. Just kidding. Um,"}, {"start": "00:14:22", "end": "00:14:26", "text": "outside of that,"}, {"start": "00:14:24", "end": "00:14:28", "text": "Sailor decided not to buy any Bitcoin"}, {"start": "00:14:26", "end": "00:14:32", "text": "this last week."}, {"start": "00:14:28", "end": "00:14:32", "text": "Bought more Stretch."}, {"start": "00:14:33", "end": "00:14:39", "text": "Yeah, I know. I don't know. Stretch is"}, {"start": "00:14:35", "end": "00:14:42", "text": "coming back. It's almost back to 100."}, {"start": "00:14:39", "end": "00:14:44", "text": "So, Sailor doing what he can to get"}, {"start": "00:14:42", "end": "00:14:48", "text": "Stretch to be rebalanced and get"}, {"start": "00:14:44", "end": "00:14:52", "text": "strategy up again. But"}, {"start": "00:14:48", "end": "00:14:54", "text": "no, no major Bitcoin buy this week,"}, {"start": "00:14:52", "end": "00:14:57", "text": "which is fine. Can't buy every week,"}, {"start": "00:14:54", "end": "00:14:58", "text": "right? But it would be preferable if you"}, {"start": "00:14:57", "end": "00:15:02", "text": "did."}, {"start": "00:14:58", "end": "00:15:05", "text": "Um volume is coming back. Obviously, a"}, {"start": "00:15:02", "end": "00:15:10", "text": "lot of you guys already know,"}, {"start": "00:15:05", "end": "00:15:13", "text": "right? We definitely saw that reversal"}, {"start": "00:15:10", "end": "00:15:17", "text": "from our bottom. You could see clearly"}, {"start": "00:15:13", "end": "00:15:19", "text": "we have jumped up and on a shortterm"}, {"start": "00:15:17", "end": "00:15:22", "text": "daily"}, {"start": "00:15:19", "end": "00:15:26", "text": "chart. Um stochastic is resetting. It"}, {"start": "00:15:22", "end": "00:15:29", "text": "looks like we could have a good"}, {"start": "00:15:26", "end": "00:15:31", "text": "recovery, but we are definitely held"}, {"start": "00:15:29", "end": "00:15:34", "text": "back by what's going on today and later"}, {"start": "00:15:31", "end": "00:15:36", "text": "this week. There's always little things"}, {"start": "00:15:34", "end": "00:15:38", "text": "that's holding us back right now, but"}, {"start": "00:15:36", "end": "00:15:40", "text": "but overall we're doing very well. Very"}, {"start": "00:15:38", "end": "00:15:44", "text": "well."}, {"start": "00:15:40", "end": "00:15:47", "text": "Uh lastly, not a crypto hack, but"}, {"start": "00:15:44", "end": "00:15:51", "text": "cryptoreated revolt, which is some kind"}, {"start": "00:15:47", "end": "00:15:56", "text": "of neo bank or something out of Europe."}, {"start": "00:15:51", "end": "00:15:59", "text": "Uh they fell for some kind of fishing"}, {"start": "00:15:56", "end": "00:16:02", "text": "attack, which makes no sense why they"}, {"start": "00:15:59", "end": "00:16:04", "text": "would. They revealed sensitive customer"}, {"start": "00:16:02", "end": "00:16:09", "text": "data"}, {"start": "00:16:04", "end": "00:16:14", "text": "uh to a fake government request."}, {"start": "00:16:09", "end": "00:16:19", "text": "So now the the the attackers are looking"}, {"start": "00:16:14", "end": "00:16:19", "text": "for 10,000 Bitcoin ransom,"}, {"start": "00:16:20", "end": "00:16:25", "text": "right? And they have the evidence like"}, {"start": "00:16:22", "end": "00:16:25", "text": "this."}, {"start": "00:16:26", "end": "00:16:30", "text": "So they have like their all their"}, {"start": "00:16:28", "end": "00:16:35", "text": "personal information and stuff. I don't"}, {"start": "00:16:30", "end": "00:16:36", "text": "know how Revolt got duped or faked into"}, {"start": "00:16:35", "end": "00:16:39", "text": "this."}, {"start": "00:16:36", "end": "00:16:42", "text": "They're a major bank. Can't they like"}, {"start": "00:16:39", "end": "00:16:45", "text": "verify things before it happens? I don't"}, {"start": "00:16:42", "end": "00:16:47", "text": "know. Just seems awfully weird. I mean,"}, {"start": "00:16:45", "end": "00:16:49", "text": "we have so many crypto hacks right now."}, {"start": "00:16:47", "end": "00:16:52", "text": "This is not a crypto hack, but it's"}, {"start": "00:16:49", "end": "00:16:55", "text": "related. uh they want 10,000 Bitcoin"}, {"start": "00:16:52", "end": "00:16:58", "text": "ransom. But man,"}, {"start": "00:16:55", "end": "00:17:00", "text": "you know, I know a lot of people get"}, {"start": "00:16:58", "end": "00:17:02", "text": "tricked by these fishing emails. And I"}, {"start": "00:17:00", "end": "00:17:06", "text": "tell you guys, if you ever get one from"}, {"start": "00:17:02", "end": "00:17:08", "text": "Coinbase or from uh Treasure or Ledger"}, {"start": "00:17:06", "end": "00:17:11", "text": "or any wallet that's telling you you"}, {"start": "00:17:08", "end": "00:17:14", "text": "need to change your password or you need"}, {"start": "00:17:11", "end": "00:17:16", "text": "to upgrade your firmware or you need to"}, {"start": "00:17:14", "end": "00:17:18", "text": "redo your authentication, those are all"}, {"start": "00:17:16", "end": "00:17:22", "text": "fake. They'll never send them. Don't"}, {"start": "00:17:18", "end": "00:17:24", "text": "click into them. don't listen to them."}, {"start": "00:17:22", "end": "00:17:26", "text": "But this is just on another level. I"}, {"start": "00:17:24", "end": "00:17:29", "text": "don't know how you get tricked to just"}, {"start": "00:17:26", "end": "00:17:33", "text": "like send all the KYC information,"}, {"start": "00:17:29", "end": "00:17:36", "text": "which should never happen."}, {"start": "00:17:33", "end": "00:17:39", "text": "Another reason why you don't want to"}, {"start": "00:17:36", "end": "00:17:41", "text": "trust banks all that much"}, {"start": "00:17:39", "end": "00:17:44", "text": "because something like this could happen"}, {"start": "00:17:41", "end": "00:17:47", "text": "or real cases where governments just ask"}, {"start": "00:17:44", "end": "00:17:50", "text": "for info and they just have to hand it"}, {"start": "00:17:47", "end": "00:17:50", "text": "out."}, {"start": "00:17:50", "end": "00:17:56", "text": "Yep. That's it."}, {"start": "00:17:54", "end": "00:17:59", "text": "That's it. Bitcoin's actually doing"}, {"start": "00:17:56", "end": "00:18:02", "text": "still doing quite well. 783 maybe up to"}, {"start": "00:17:59", "end": "00:18:04", "text": "79 soon. ETH is still holding very well."}, {"start": "00:18:02", "end": "00:18:07", "text": "You can see it broke out above 2600"}, {"start": "00:18:04", "end": "00:18:10", "text": "almost at 2700 on Friday."}, {"start": "00:18:07", "end": "00:18:10", "text": "2665"}, {"start": "00:18:10", "end": "00:18:14", "text": "and someone like XRP"}, {"start": "00:18:14", "end": "00:18:24", "text": "up about four and a half%. But man,"}, {"start": "00:18:20", "end": "00:18:28", "text": "others are not doing well for sure."}, {"start": "00:18:24", "end": "00:18:30", "text": "Uh HP is down 9%,"}, {"start": "00:18:28", "end": "00:18:35", "text": "Dell's down 6%,"}, {"start": "00:18:30", "end": "00:18:39", "text": "Sandis down 7%. So, infrastructure, if"}, {"start": "00:18:35", "end": "00:18:40", "text": "OpenAI and uh Anthropic, if they were"}, {"start": "00:18:39", "end": "00:18:45", "text": "trading already, they were probably down"}, {"start": "00:18:40", "end": "00:18:50", "text": "like 20% today. Good thing they're not."}, {"start": "00:18:45", "end": "00:18:50", "text": "All right, let's do some Q&A."}, {"start": "00:19:27", "end": "00:19:31", "text": "Well, it does look like things are"}, {"start": "00:19:29", "end": "00:19:34", "text": "improving on a US front. NASDAQ was at"}, {"start": "00:19:31", "end": "00:19:36", "text": "like minus 500 in the pre-market. Now"}, {"start": "00:19:34", "end": "00:19:38", "text": "it's down to 200. But still, it's going"}, {"start": "00:19:36", "end": "00:19:40", "text": "to be very volatile this week with the"}, {"start": "00:19:38", "end": "00:19:43", "text": "FOMC meeting coming up. But I do think"}, {"start": "00:19:40", "end": "00:19:45", "text": "it's overblown right now. All these"}, {"start": "00:19:43", "end": "00:19:48", "text": "people that are selling off AI thinking"}, {"start": "00:19:45", "end": "00:19:50", "text": "that it's going to slow down. It's just"}, {"start": "00:19:48", "end": "00:19:53", "text": "wishful thinking. No one wants AI to"}, {"start": "00:19:50", "end": "00:19:55", "text": "slow down at all. And a lot of this"}, {"start": "00:19:53", "end": "00:19:58", "text": "rhetoric from over the weekend does seem"}, {"start": "00:19:55", "end": "00:20:00", "text": "like it's just more fear-mongering. I"}, {"start": "00:19:58", "end": "00:20:02", "text": "can't really figure out what the purpose"}, {"start": "00:20:00", "end": "00:20:05", "text": "of the fear-mongering is. I think"}, {"start": "00:20:02", "end": "00:20:07", "text": "everyone agrees that there should be"}, {"start": "00:20:05", "end": "00:20:10", "text": "proper"}, {"start": "00:20:07", "end": "00:20:12", "text": "regulatory uh controls and maybe"}, {"start": "00:20:10", "end": "00:20:16", "text": "oversight as long as governments don't"}, {"start": "00:20:12", "end": "00:20:18", "text": "dictate what they're going to do"}, {"start": "00:20:16", "end": "00:20:23", "text": "um or what you know how to develop or"}, {"start": "00:20:18", "end": "00:20:26", "text": "when to release things. But"}, {"start": "00:20:23", "end": "00:20:28", "text": "yeah, overall you got to think globally,"}, {"start": "00:20:26", "end": "00:20:29", "text": "it's not just China either, even though"}, {"start": "00:20:28", "end": "00:20:32", "text": "they're they're major players, but"}, {"start": "00:20:29", "end": "00:20:34", "text": "Europe has a few AI companies as well."}, {"start": "00:20:32", "end": "00:20:36", "text": "None of them are going to stop."}, {"start": "00:20:34", "end": "00:20:39", "text": "Everyone's racing"}, {"start": "00:20:36", "end": "00:20:41", "text": "towards"}, {"start": "00:20:39", "end": "00:20:43", "text": "singularity. I guess"}, {"start": "00:20:41", "end": "00:20:47", "text": "you just have to have the proper people"}, {"start": "00:20:43", "end": "00:20:47", "text": "in place."}, {"start": "00:20:47", "end": "00:20:53", "text": "I don't know who"}, {"start": "00:20:49", "end": "00:20:56", "text": "who would be considered proper people. I"}, {"start": "00:20:53", "end": "00:20:59", "text": "guess you just don't know. Just don't"}, {"start": "00:20:56", "end": "00:20:59", "text": "know."}, {"start": "00:21:08", "end": "00:21:13", "text": "Will there be money rotation from AI to"}, {"start": "00:21:10", "end": "00:21:15", "text": "crypto? It already happened."}, {"start": "00:21:13", "end": "00:21:16", "text": "It already happened. all this money"}, {"start": "00:21:15", "end": "00:21:19", "text": "that's flowing into crypto. Where do you"}, {"start": "00:21:16", "end": "00:21:22", "text": "think it's coming from? It's coming from"}, {"start": "00:21:19", "end": "00:21:25", "text": "stocks,"}, {"start": "00:21:22", "end": "00:21:27", "text": "you know, because tech stocks honestly"}, {"start": "00:21:25", "end": "00:21:29", "text": "just stopped moving recently,"}, {"start": "00:21:27", "end": "00:21:31", "text": "a lot of them. And I think that's cap"}, {"start": "00:21:29", "end": "00:21:34", "text": "rotation coming back and there will be"}, {"start": "00:21:31", "end": "00:21:37", "text": "more coming back. Investors always chase"}, {"start": "00:21:34", "end": "00:21:40", "text": "a shinier investment. That's just the"}, {"start": "00:21:37", "end": "00:21:43", "text": "bottom line. They ride, they FOMO"}, {"start": "00:21:40", "end": "00:21:45", "text": "something and they ride it out and then"}, {"start": "00:21:43", "end": "00:21:48", "text": "they shift, right? They shift to the"}, {"start": "00:21:45", "end": "00:21:50", "text": "next shinier investment. There's nothing"}, {"start": "00:21:48", "end": "00:21:53", "text": "shinier than Bitcoin and crypto right"}, {"start": "00:21:50", "end": "00:21:53", "text": "now."}, {"start": "00:22:06", "end": "00:22:10", "text": "Nick Chad, I agree with you. These open"}, {"start": "00:22:08", "end": "00:22:12", "text": "source models from these Chinese"}, {"start": "00:22:10", "end": "00:22:16", "text": "companies are getting better and better."}, {"start": "00:22:12", "end": "00:22:19", "text": "These flash models, the new ones"}, {"start": "00:22:16", "end": "00:22:22", "text": "are so good now. The flash models from"}, {"start": "00:22:19", "end": "00:22:25", "text": "today are as good as the Frontier models"}, {"start": "00:22:22", "end": "00:22:27", "text": "from like two, three months ago. So just"}, {"start": "00:22:25", "end": "00:22:29", "text": "think about that. The gap has closed"}, {"start": "00:22:27", "end": "00:22:32", "text": "tremendously. So the gap between the"}, {"start": "00:22:29", "end": "00:22:37", "text": "lowest models and the highest models is"}, {"start": "00:22:32", "end": "00:22:39", "text": "not that much anymore, right? So"}, {"start": "00:22:37", "end": "00:22:42", "text": "this is the time where you really can't"}, {"start": "00:22:39", "end": "00:22:44", "text": "slow down. Um you need to keep pushing."}, {"start": "00:22:42", "end": "00:22:47", "text": "Now the argument you can make the"}, {"start": "00:22:44", "end": "00:22:48", "text": "argument is that the reason why the"}, {"start": "00:22:47", "end": "00:22:51", "text": "Chinese models has gotten so good"}, {"start": "00:22:48", "end": "00:22:53", "text": "because they just copy they distill the"}, {"start": "00:22:51", "end": "00:22:55", "text": "information from frontier models. if"}, {"start": "00:22:53", "end": "00:22:59", "text": "they didn't have access to them, can"}, {"start": "00:22:55", "end": "00:23:01", "text": "they get much smarter or faster?"}, {"start": "00:22:59", "end": "00:23:02", "text": "That's the question. Maybe over time."}, {"start": "00:23:01", "end": "00:23:04", "text": "They certainly don't have the funding or"}, {"start": "00:23:02", "end": "00:23:07", "text": "the chips or the data centers that we"}, {"start": "00:23:04", "end": "00:23:09", "text": "have right now, but China can catch up"}, {"start": "00:23:07", "end": "00:23:11", "text": "really, really quickly."}, {"start": "00:23:09", "end": "00:23:12", "text": "So,"}, {"start": "00:23:11", "end": "00:23:15", "text": "and I don't think they're going to stop"}, {"start": "00:23:12", "end": "00:23:15", "text": "either."}, {"start": "00:23:16", "end": "00:23:19", "text": "So, yeah."}, {"start": "00:23:33", "end": "00:23:39", "text": "I'm looking forward to Grock. Grock 4.7"}, {"start": "00:23:35", "end": "00:23:42", "text": "should be out today. Elon said that it"}, {"start": "00:23:39", "end": "00:23:44", "text": "was delayed for a couple days, so it"}, {"start": "00:23:42", "end": "00:23:46", "text": "should be coming out today. And he he"}, {"start": "00:23:44", "end": "00:23:49", "text": "said 4.8 is coming out by the end of the"}, {"start": "00:23:46", "end": "00:23:50", "text": "month, his own words. So, I don't I"}, {"start": "00:23:49", "end": "00:23:53", "text": "don't I don't think he's slowing down"}, {"start": "00:23:50", "end": "00:23:56", "text": "unless Grock 5 is being slowed down."}, {"start": "00:23:53", "end": "00:24:01", "text": "These are basically the next two models."}, {"start": "00:23:56", "end": "00:24:04", "text": "4.6 is great. Um, so I'm hoping 4.7, 4.8"}, {"start": "00:24:01", "end": "00:24:04", "text": "are better."}, {"start": "00:24:06", "end": "00:24:09", "text": "But yeah,"}, {"start": "00:24:19", "end": "00:24:24", "text": "the worst thing, circle the wagons."}, {"start": "00:24:22", "end": "00:24:26", "text": "The worst thing about FOMOing is not"}, {"start": "00:24:24", "end": "00:24:28", "text": "having the liquidity to hold or selling"}, {"start": "00:24:26", "end": "00:24:30", "text": "at a loss."}, {"start": "00:24:28", "end": "00:24:32", "text": "Yeah, it also depends on what you're"}, {"start": "00:24:30", "end": "00:24:36", "text": "fomoing into, right? If you fomo toward"}, {"start": "00:24:32", "end": "00:24:38", "text": "the top on a memecoin, it's like laptop"}, {"start": "00:24:36", "end": "00:24:40", "text": "for example."}, {"start": "00:24:38", "end": "00:24:42", "text": "Uh you're never going to get that back."}, {"start": "00:24:40", "end": "00:24:44", "text": "Um and you don't want to keep holding"}, {"start": "00:24:42", "end": "00:24:47", "text": "because it's not going to come back. But"}, {"start": "00:24:44", "end": "00:24:48", "text": "for Bitcoin and crypto, right, you could"}, {"start": "00:24:47", "end": "00:24:51", "text": "argue if you hold it long enough, you"}, {"start": "00:24:48", "end": "00:24:54", "text": "won't make it back. Especially Bitcoin,"}, {"start": "00:24:51", "end": "00:24:54", "text": "right?"}, {"start": "00:25:19", "end": "00:25:25", "text": "It's going to be an interesting FOMC"}, {"start": "00:25:22", "end": "00:25:28", "text": "press conference coming up, that's for"}, {"start": "00:25:25", "end": "00:25:31", "text": "sure. And uh unfortunately, we're go get"}, {"start": "00:25:28", "end": "00:25:35", "text": "a hike. It's not something we want, but"}, {"start": "00:25:31", "end": "00:25:39", "text": "we're go get a hike."}, {"start": "00:25:35", "end": "00:25:41", "text": "That's for sure. 80 88.5%"}, {"start": "00:25:39", "end": "00:25:44", "text": "chance of a hike."}, {"start": "00:25:41", "end": "00:25:48", "text": "And then we're going to keep going."}, {"start": "00:25:44", "end": "00:25:50", "text": "And then a 52% ch 93 point"}, {"start": "00:25:48", "end": "00:25:54", "text": "93.9%"}, {"start": "00:25:50", "end": "00:25:56", "text": "chance for a hike after that. 97.8%"}, {"start": "00:25:54", "end": "00:26:00", "text": "chance after that. I mean, God gez, it's"}, {"start": "00:25:56", "end": "00:26:03", "text": "just it's just getting worse and worse."}, {"start": "00:26:00", "end": "00:26:07", "text": "Uh, we need oil to stop going up. We"}, {"start": "00:26:03", "end": "00:26:07", "text": "need a war to be over."}, {"start": "00:26:22", "end": "00:26:26", "text": "Yeah, we're not going to surprise cut."}, {"start": "00:26:24", "end": "00:26:29", "text": "The surprise would be if we hold. If we"}, {"start": "00:26:26", "end": "00:26:32", "text": "hold on Wednesday, it it will be the"}, {"start": "00:26:29", "end": "00:26:35", "text": "biggest catalyst. We will like skyrocket"}, {"start": "00:26:32", "end": "00:26:38", "text": "to the moon for everything. But I don't"}, {"start": "00:26:35", "end": "00:26:41", "text": "I don't think they could hold. The only"}, {"start": "00:26:38", "end": "00:26:44", "text": "argument they can make is inflation is"}, {"start": "00:26:41", "end": "00:26:48", "text": "is temporary right now because of"}, {"start": "00:26:44", "end": "00:26:51", "text": "elevated oil, because of the war. So"}, {"start": "00:26:48", "end": "00:26:54", "text": "that's the only argument they can make."}, {"start": "00:26:51", "end": "00:26:58", "text": "I don't know. I don't know how they can"}, {"start": "00:26:54", "end": "00:26:58", "text": "go against the data though."}, {"start": "00:27:30", "end": "00:27:39", "text": "Yeah,"}, {"start": "00:27:32", "end": "00:27:43", "text": "I think uh you know Trump voted for or"}, {"start": "00:27:39", "end": "00:27:44", "text": "um was the proper term"}, {"start": "00:27:43", "end": "00:27:47", "text": "selected"}, {"start": "00:27:44", "end": "00:27:51", "text": "Worsh because they were aligned. Seems"}, {"start": "00:27:47", "end": "00:27:55", "text": "like Wars was pro-saving jobs and pro-"}, {"start": "00:27:51", "end": "00:27:58", "text": "cutting, but you know, he can only do"}, {"start": "00:27:55", "end": "00:28:01", "text": "what he can, right? One guy can't change"}, {"start": "00:27:58", "end": "00:28:02", "text": "the entire"}, {"start": "00:28:01", "end": "00:28:04", "text": "decision. That's all the all the"}, {"start": "00:28:02", "end": "00:28:06", "text": "governors have to vote. So, even if Wars"}, {"start": "00:28:04", "end": "00:28:08", "text": "came out and said, \"No, I'm in favor of"}, {"start": "00:28:06", "end": "00:28:11", "text": "holding.\""}, {"start": "00:28:08", "end": "00:28:12", "text": "Um, while everyone else disagrees and"}, {"start": "00:28:11", "end": "00:28:14", "text": "says they want to hike, I mean, it's not"}, {"start": "00:28:12", "end": "00:28:15", "text": "like he could hold him back, right? And"}, {"start": "00:28:14", "end": "00:28:17", "text": "he doesn't want to look like a fool"}, {"start": "00:28:15", "end": "00:28:19", "text": "either."}, {"start": "00:28:17", "end": "00:28:22", "text": "So, I I'm pretty sure Trump is not gonna"}, {"start": "00:28:19", "end": "00:28:25", "text": "be very happy."}, {"start": "00:28:22", "end": "00:28:28", "text": "Trump hasn't started name calling yet"}, {"start": "00:28:25", "end": "00:28:31", "text": "because it's only been like one one"}, {"start": "00:28:28", "end": "00:28:34", "text": "FOMC. I think this is the second one."}, {"start": "00:28:31", "end": "00:28:38", "text": "Um, but we'll see. He definitely wants"}, {"start": "00:28:34", "end": "00:28:40", "text": "rate cuts. I think all of us that are"}, {"start": "00:28:38", "end": "00:28:41", "text": "investors"}, {"start": "00:28:40", "end": "00:28:45", "text": "want rate cuts, but it's just not"}, {"start": "00:28:41", "end": "00:28:45", "text": "reality right now."}, {"start": "00:29:35", "end": "00:29:37", "text": ">> [clears throat]"}, {"start": "00:29:39", "end": "00:29:44", "text": ">> Yeah. So,"}, {"start": "00:29:41", "end": "00:29:47", "text": "that's that."}, {"start": "00:29:44", "end": "00:29:49", "text": "Um, over the weekend,"}, {"start": "00:29:47", "end": "00:29:53", "text": "I slowed a couple things down in terms"}, {"start": "00:29:49", "end": "00:29:56", "text": "of my own AI development for Clash."}, {"start": "00:29:53", "end": "00:29:59", "text": "Dar, I'm still improving by front line"}, {"start": "00:29:56", "end": "00:30:01", "text": "and the networking improvements have"}, {"start": "00:29:59", "end": "00:30:04", "text": "been good. So after this week, I think"}, {"start": "00:30:01", "end": "00:30:08", "text": "front line will be completely finished."}, {"start": "00:30:04", "end": "00:30:11", "text": "Um, and tournaments can conduct be"}, {"start": "00:30:08", "end": "00:30:13", "text": "conducted well and other improvements."}, {"start": "00:30:11", "end": "00:30:16", "text": "Um, I'm finishing the other game that"}, {"start": "00:30:13", "end": "00:30:18", "text": "I'm making,"}, {"start": "00:30:16", "end": "00:30:19", "text": "but I've been thinking about the next"}, {"start": "00:30:18", "end": "00:30:22", "text": "big project that's going to come to"}, {"start": "00:30:19", "end": "00:30:25", "text": "Clash, and it it's it's going to come"}, {"start": "00:30:22", "end": "00:30:28", "text": "very quickly. I have a good idea of what"}, {"start": "00:30:25", "end": "00:30:33", "text": "I want to do, the Clash points that I"}, {"start": "00:30:28", "end": "00:30:33", "text": "mentioned and and the leaderboard."}, {"start": "00:30:35", "end": "00:30:39", "text": "Okay, for people that are holding Clash,"}, {"start": "00:30:37", "end": "00:30:42", "text": "for people that are using the Clash"}, {"start": "00:30:39", "end": "00:30:44", "text": "ecosystem, like searching for answers,"}, {"start": "00:30:42", "end": "00:30:46", "text": "doing research on Ask Clash, making"}, {"start": "00:30:44", "end": "00:30:50", "text": "prediction of Clash picks, playing the"}, {"start": "00:30:46", "end": "00:30:52", "text": "games on um on Clash projects, they all"}, {"start": "00:30:50", "end": "00:30:54", "text": "add up to a score. I will say this is"}, {"start": "00:30:52", "end": "00:30:58", "text": "going to be very very important very"}, {"start": "00:30:54", "end": "00:31:00", "text": "soon, and you guys will see why."}, {"start": "00:30:58", "end": "00:31:03", "text": "Okay, I don't want to release the"}, {"start": "00:31:00", "end": "00:31:05", "text": "details yet, but for all of you Clash"}, {"start": "00:31:03", "end": "00:31:08", "text": "fans, just know that this is going to be"}, {"start": "00:31:05", "end": "00:31:10", "text": "very important pretty soon with this"}, {"start": "00:31:08", "end": "00:31:13", "text": "next major development. So, we already"}, {"start": "00:31:10", "end": "00:31:15", "text": "have a intelligence platform. We have a"}, {"start": "00:31:13", "end": "00:31:17", "text": "prediction market platform. We have a"}, {"start": "00:31:15", "end": "00:31:19", "text": "sort of a gaming platform. It's a light"}, {"start": "00:31:17", "end": "00:31:21", "text": "one, but it is something."}, {"start": "00:31:19", "end": "00:31:24", "text": "And pretty soon we're gonna have"}, {"start": "00:31:21", "end": "00:31:27", "text": "something that's very related to crypto,"}, {"start": "00:31:24", "end": "00:31:31", "text": "something that people love and love to"}, {"start": "00:31:27", "end": "00:31:34", "text": "FOMO in and it's going to be part of the"}, {"start": "00:31:31", "end": "00:31:36", "text": "Clash ecosystem and along with that"}, {"start": "00:31:34", "end": "00:31:38", "text": "comes something very new."}, {"start": "00:31:36", "end": "00:31:41", "text": "So you got to read in between the lines"}, {"start": "00:31:38", "end": "00:31:43", "text": "there. Okay, everything I said and this"}, {"start": "00:31:41", "end": "00:31:45", "text": "leaderboard is going to be very"}, {"start": "00:31:43", "end": "00:31:48", "text": "important. So"}, {"start": "00:31:45", "end": "00:31:51", "text": "all of you guys that are in the in the"}, {"start": "00:31:48", "end": "00:31:54", "text": "ecosystem"}, {"start": "00:31:51", "end": "00:31:58", "text": "know that that's coming up soon and I'll"}, {"start": "00:31:54", "end": "00:31:58", "text": "share more details later this week."}, {"start": "00:32:09", "end": "00:32:17", "text": "Just go wait for a a perfect time to"}, {"start": "00:32:13", "end": "00:32:22", "text": "release. Then um"}, {"start": "00:32:17", "end": "00:32:22", "text": "this could be good. This could be good."}, {"start": "00:32:31", "end": "00:32:33", "text": "[snorts]"}, {"start": "00:32:41", "end": "00:32:46", "text": "Ray says, \"Eli makes self-driving cars,"}, {"start": "00:32:44", "end": "00:32:47", "text": "robots, rockets to Mars. No way he's"}, {"start": "00:32:46", "end": "00:32:51", "text": "slowing down.\" Yeah, I know he's not"}, {"start": "00:32:47", "end": "00:32:51", "text": "slowing down. He's not slowing down."}, {"start": "00:33:01", "end": "00:33:05", "text": "See very am I I've thought about"}, {"start": "00:33:04", "end": "00:33:08", "text": "creating"}, {"start": "00:33:05", "end": "00:33:11", "text": "integrating clash picks event with front"}, {"start": "00:33:08", "end": "00:33:13", "text": "line for for that very reason so that"}, {"start": "00:33:11", "end": "00:33:15", "text": "you can make predictions on matches or"}, {"start": "00:33:13", "end": "00:33:18", "text": "tournaments or outcomes even one-on-one"}, {"start": "00:33:15", "end": "00:33:20", "text": "stuff right that may be something I'm"}, {"start": "00:33:18", "end": "00:33:22", "text": "still going to do but I I need to make"}, {"start": "00:33:20", "end": "00:33:25", "text": "it so that the [snorts] game is hardened"}, {"start": "00:33:22", "end": "00:33:29", "text": "enough where that that is there. Um, but"}, {"start": "00:33:25", "end": "00:33:32", "text": "it is something it is something that I"}, {"start": "00:33:29", "end": "00:33:32", "text": "am thinking about."}, {"start": "00:33:36", "end": "00:33:43", "text": "Overall, Bitcoin and and crypto are"}, {"start": "00:33:39", "end": "00:33:47", "text": "holding very well. Uh, someone like"}, {"start": "00:33:43", "end": "00:33:50", "text": "Coinbase is up like 8% today. So, there"}, {"start": "00:33:47", "end": "00:33:53", "text": "is some cap rotation into crypto right"}, {"start": "00:33:50", "end": "00:33:56", "text": "now, especially stocks. Uh Micro"}, {"start": "00:33:53", "end": "00:34:00", "text": "Strategy up about 3%"}, {"start": "00:33:56", "end": "00:34:00", "text": "and uh Robin Hood is up"}, {"start": "00:34:03", "end": "00:34:08", "text": "like 2%."}, {"start": "00:34:05", "end": "00:34:08", "text": "So"}, {"start": "00:34:31", "end": "00:34:37", "text": "overall doing pretty good. I'd say we're"}, {"start": "00:34:34", "end": "00:34:41", "text": "doing pretty good. Um, obviously we"}, {"start": "00:34:37", "end": "00:34:43", "text": "haven't broken out"}, {"start": "00:34:41", "end": "00:34:46", "text": "yet"}, {"start": "00:34:43", "end": "00:34:49", "text": "from our current level, but we will. I"}, {"start": "00:34:46", "end": "00:34:54", "text": "mean, if you look at if you look at ETH,"}, {"start": "00:34:49", "end": "00:34:58", "text": "it's at January levels right now. So,"}, {"start": "00:34:54", "end": "00:35:00", "text": "that's that's a start eight months,"}, {"start": "00:34:58", "end": "00:35:02", "text": "right?"}, {"start": "00:35:00", "end": "00:35:04", "text": "Um, and if we keep going, then of course"}, {"start": "00:35:02", "end": "00:35:07", "text": "it'll be above 3,000 soon. And same"}, {"start": "00:35:04", "end": "00:35:10", "text": "thing with Bitcoin. We're back to April"}, {"start": "00:35:07", "end": "00:35:13", "text": "and January levels. If we get break"}, {"start": "00:35:10", "end": "00:35:17", "text": "through 83K, we'll be back in the 90s in"}, {"start": "00:35:13", "end": "00:35:21", "text": "no time. Maybe right before midterms, we"}, {"start": "00:35:17", "end": "00:35:23", "text": "can be back around 90 or 100,000. If we"}, {"start": "00:35:21", "end": "00:35:25", "text": "can get back above six figures by"}, {"start": "00:35:23", "end": "00:35:29", "text": "midterms, we're setting ourselves up for"}, {"start": "00:35:25", "end": "00:35:32", "text": "a really good month, month and a half."}, {"start": "00:35:29", "end": "00:35:33", "text": "maybe even leading into 2027"}, {"start": "00:35:32", "end": "00:35:35", "text": "where we could break through our"}, {"start": "00:35:33", "end": "00:35:37", "text": "previous high. Right? The only thing"}, {"start": "00:35:35", "end": "00:35:39", "text": "that would hold us back is if we keep"}, {"start": "00:35:37", "end": "00:35:42", "text": "increasing rates."}, {"start": "00:35:39", "end": "00:35:45", "text": "Uh that that would put a dampen on"}, {"start": "00:35:42", "end": "00:35:48", "text": "things. But"}, {"start": "00:35:45", "end": "00:35:51", "text": "you know, we tested that 80 81 82"}, {"start": "00:35:48", "end": "00:35:56", "text": "several times. Next time could be the"}, {"start": "00:35:51", "end": "00:35:56", "text": "time where we break out of there."}, {"start": "00:36:07", "end": "00:36:13", "text": "Yeah, the next Tesla Roadster is going"}, {"start": "00:36:09", "end": "00:36:15", "text": "to have some SpaceX thrusters on there."}, {"start": "00:36:13", "end": "00:36:18", "text": "I I don't know if it if it really does 0"}, {"start": "00:36:15", "end": "00:36:20", "text": "to 60 in one second."}, {"start": "00:36:18", "end": "00:36:22", "text": "I don't think people realize that there"}, {"start": "00:36:20", "end": "00:36:24", "text": "are many people that are going to pass"}, {"start": "00:36:22", "end": "00:36:26", "text": "out and have serious medical conditions"}, {"start": "00:36:24", "end": "00:36:27", "text": "from it."}, {"start": "00:36:26", "end": "00:36:30", "text": "A lot of people still haven't"}, {"start": "00:36:27", "end": "00:36:35", "text": "experienced. I have since I have so many"}, {"start": "00:36:30", "end": "00:36:38", "text": "Teslas. Um, in a Model S Plaid, which"}, {"start": "00:36:35", "end": "00:36:42", "text": "now you could get in the 40s, I think,"}, {"start": "00:36:38", "end": "00:36:45", "text": "like a high higher mileage one, a Model"}, {"start": "00:36:42", "end": "00:36:49", "text": "S Plaid does 0 to 1600, too. There's a"}, {"start": "00:36:45", "end": "00:36:53", "text": "big difference between 1.9 seconds and"}, {"start": "00:36:49", "end": "00:36:54", "text": "2.4 seconds, let's say. Okay. On paper,"}, {"start": "00:36:53", "end": "00:36:57", "text": "if you look at a difference between a"}, {"start": "00:36:54", "end": "00:36:59", "text": "Model S Plaid and say a Model X Plaid or"}, {"start": "00:36:57", "end": "00:37:02", "text": "Cybert truck,"}, {"start": "00:36:59", "end": "00:37:04", "text": "zero to 60 is just a half second away."}, {"start": "00:37:02", "end": "00:37:08", "text": "1.9 seconds or two, you round up. And"}, {"start": "00:37:04", "end": "00:37:10", "text": "then the Xplat is like 2.4, 2.5, and"}, {"start": "00:37:08", "end": "00:37:12", "text": "Cybertruck is around there 2.6 or"}, {"start": "00:37:10", "end": "00:37:16", "text": "something like that. On paper, you think"}, {"start": "00:37:12", "end": "00:37:21", "text": "that 6 means nothing. when you actually"}, {"start": "00:37:16", "end": "00:37:24", "text": "accelerate that 6 seconds"}, {"start": "00:37:21", "end": "00:37:26", "text": "is so drastic in terms of like what"}, {"start": "00:37:24", "end": "00:37:29", "text": "you're feeling the the G that you're"}, {"start": "00:37:26", "end": "00:37:32", "text": "pulling and the acceleration that you're"}, {"start": "00:37:29", "end": "00:37:34", "text": "feeling is so drastic"}, {"start": "00:37:32", "end": "00:37:36", "text": "that that most people won't ever"}, {"start": "00:37:34", "end": "00:37:40", "text": "experience unless they've tested all of"}, {"start": "00:37:36", "end": "00:37:45", "text": "them. So to go from now 1.9"}, {"start": "00:37:40", "end": "00:37:50", "text": "down to say one that 0.9 seconds is even"}, {"start": "00:37:45", "end": "00:37:55", "text": "gonna be more drastic like probably two"}, {"start": "00:37:50", "end": "00:37:55", "text": "three 4x the the amount of"}, {"start": "00:37:55", "end": "00:38:02", "text": "I don't know drasticness whatever you're"}, {"start": "00:37:57", "end": "00:38:04", "text": "you're measuring velocity or force or"}, {"start": "00:38:02", "end": "00:38:08", "text": "blood rushing to your head like I've"}, {"start": "00:38:04", "end": "00:38:11", "text": "done many 0 to 60 runs in my S Plaid"}, {"start": "00:38:08", "end": "00:38:13", "text": "back in the day. It's not enjoyable. The"}, {"start": "00:38:11", "end": "00:38:15", "text": "blood rushes to your head so fast it"}, {"start": "00:38:13", "end": "00:38:18", "text": "gives you a headache. Like literally, it"}, {"start": "00:38:15", "end": "00:38:19", "text": "gives you a headache, right? Like that's"}, {"start": "00:38:18", "end": "00:38:22", "text": "why if you have medical conditions or"}, {"start": "00:38:19", "end": "00:38:24", "text": "something, I'm sure you you get a stroke"}, {"start": "00:38:22", "end": "00:38:26", "text": "or something from it. Blood rushes to"}, {"start": "00:38:24", "end": "00:38:29", "text": "your head so fast that gives you a"}, {"start": "00:38:26", "end": "00:38:30", "text": "headache. So, I can't imagine if they"}, {"start": "00:38:29", "end": "00:38:34", "text": "really come out of the Roadster S with"}, {"start": "00:38:30", "end": "00:38:36", "text": "this these thrusters"}, {"start": "00:38:34", "end": "00:38:38", "text": "and it does 061, it will cause people to"}, {"start": "00:38:36", "end": "00:38:42", "text": "black out. It would cause people to have"}, {"start": "00:38:38", "end": "00:38:44", "text": "strokes. People are going to get into"}, {"start": "00:38:42", "end": "00:38:46", "text": "crashes and probably die from it. So, I"}, {"start": "00:38:44", "end": "00:38:49", "text": "I don't know how he's going to do it."}, {"start": "00:38:46", "end": "00:38:51", "text": "Maybe like in in order you to enable it,"}, {"start": "00:38:49", "end": "00:38:54", "text": "you have to sign a waiver saying that"}, {"start": "00:38:51", "end": "00:38:57", "text": "you understand"}, {"start": "00:38:54", "end": "00:39:01", "text": "because it's going to be insane. It's"}, {"start": "00:38:57", "end": "00:39:04", "text": "going to be like driving a top top fuel"}, {"start": "00:39:01", "end": "00:39:05", "text": "dragster,"}, {"start": "00:39:04", "end": "00:39:09", "text": "something like that. It'll be equivalent"}, {"start": "00:39:05", "end": "00:39:12", "text": "of that kind of force."}, {"start": "00:39:09", "end": "00:39:16", "text": "It's uh it's going to be insane and"}, {"start": "00:39:12", "end": "00:39:16", "text": "maybe not in a good way."}, {"start": "00:39:18", "end": "00:39:24", "text": "I I don't think people understand that"}, {"start": "00:39:20", "end": "00:39:27", "text": "that decreasing 060 by half basically"}, {"start": "00:39:24", "end": "00:39:31", "text": "what that really means like how much"}, {"start": "00:39:27", "end": "00:39:33", "text": "more torque and force"}, {"start": "00:39:31", "end": "00:39:35", "text": "that you need to generate in order for"}, {"start": "00:39:33", "end": "00:39:38", "text": "that to happen. It's it's just it's"}, {"start": "00:39:35", "end": "00:39:40", "text": "going to be mindboggling."}, {"start": "00:39:38", "end": "00:39:43", "text": "The reason why I think Elon says that he"}, {"start": "00:39:40", "end": "00:39:46", "text": "has to put thrusters is because the way"}, {"start": "00:39:43", "end": "00:39:49", "text": "the batteries and electricity moves, you"}, {"start": "00:39:46", "end": "00:39:51", "text": "can't get a car faster than 1.9 seconds"}, {"start": "00:39:49", "end": "00:39:54", "text": "0 to 60. He said there's some kind of"}, {"start": "00:39:51", "end": "00:39:56", "text": "limitation on how fast electrons move"}, {"start": "00:39:54", "end": "00:39:58", "text": "and stuff like that. So, you just can't"}, {"start": "00:39:56", "end": "00:40:02", "text": "make it faster."}, {"start": "00:39:58", "end": "00:40:04", "text": "That's why he has to put thrusters on to"}, {"start": "00:40:02", "end": "00:40:06", "text": "kind of cheat that. And no other company"}, {"start": "00:40:04", "end": "00:40:09", "text": "can do that. only he can because of all"}, {"start": "00:40:06", "end": "00:40:13", "text": "the SpaceX technology."}, {"start": "00:40:09", "end": "00:40:14", "text": "But man, if it's [snorts] true,"}, {"start": "00:40:13", "end": "00:40:19", "text": "people are go black out. People are"}, {"start": "00:40:14", "end": "00:40:19", "text": "going to get strokes from it."}, {"start": "00:40:20", "end": "00:40:26", "text": "No. When you floor a Tesla S Plaid, the"}, {"start": "00:40:22", "end": "00:40:28", "text": "tires don't spin. It's it it grabs. It"}, {"start": "00:40:26", "end": "00:40:30", "text": "hooks."}, {"start": "00:40:28", "end": "00:40:32", "text": "It's not like a muscle car where you're"}, {"start": "00:40:30", "end": "00:40:34", "text": "just spinning your tires. It's all-wheel"}, {"start": "00:40:32", "end": "00:40:37", "text": "drive and it just takes off like a"}, {"start": "00:40:34", "end": "00:40:37", "text": "rocket."}, {"start": "00:40:50", "end": "00:40:56", "text": "It is It is too much. It is It is too"}, {"start": "00:40:53", "end": "00:40:56", "text": "much."}, {"start": "00:40:56", "end": "00:41:01", "text": "The S Plaid already accelerates so fast"}, {"start": "00:40:58", "end": "00:41:05", "text": "that it gives people headaches"}, {"start": "00:41:01", "end": "00:41:08", "text": "and it out accelerates uh"}, {"start": "00:41:05", "end": "00:41:10", "text": "Bugatti Chiron or whatever the newest"}, {"start": "00:41:08", "end": "00:41:14", "text": "Bugattis are. It just loses in top speed"}, {"start": "00:41:10", "end": "00:41:17", "text": "but like 060 it doesn't lose anything"}, {"start": "00:41:14", "end": "00:41:20", "text": "really. Not even to a ZR1 or anything"}, {"start": "00:41:17", "end": "00:41:20", "text": "like that."}, {"start": "00:41:51", "end": "00:41:54", "text": "All righty."}, {"start": "00:41:55", "end": "00:42:02", "text": "Guess that's it. We're doing okay today"}, {"start": "00:41:59", "end": "00:42:04", "text": "despite the AI meltdown,"}, {"start": "00:42:02", "end": "00:42:07", "text": "right? So, overall, I think we're doing"}, {"start": "00:42:04", "end": "00:42:07", "text": "okay."}, {"start": "00:42:42", "end": "00:42:48", "text": "We [snorts] actually may get a push to"}, {"start": "00:42:45", "end": "00:42:50", "text": "like 79 or 80 today too. Think there"}, {"start": "00:42:48", "end": "00:42:53", "text": "could be a good chance of that. Let's"}, {"start": "00:42:50", "end": "00:42:56", "text": "see what the liquidations show or the"}, {"start": "00:42:53", "end": "00:42:56", "text": "pressure map shows."}, {"start": "00:42:56", "end": "00:43:02", "text": "Uh there's not a whole lot up there. We"}, {"start": "00:42:59", "end": "00:43:06", "text": "already liquidated whatever was at 78"}, {"start": "00:43:02", "end": "00:43:08", "text": "something. Next level 786 which we"}, {"start": "00:43:06", "end": "00:43:12", "text": "should be hitting pretty soon. But up"}, {"start": "00:43:08", "end": "00:43:15", "text": "here light levels"}, {"start": "00:43:12", "end": "00:43:18", "text": "there's like nothing at 80,300. So we"}, {"start": "00:43:15", "end": "00:43:21", "text": "might clear through that and go back to"}, {"start": "00:43:18", "end": "00:43:24", "text": "80 today"}, {"start": "00:43:21", "end": "00:43:26", "text": "maybe if there's cap rotation coming"}, {"start": "00:43:24", "end": "00:43:29", "text": "into crypto today. And it looks like"}, {"start": "00:43:26", "end": "00:43:29", "text": "there is."}, {"start": "00:43:36", "end": "00:43:42", "text": "All right, guys. That is it. There's a"}, {"start": "00:43:39", "end": "00:43:42", "text": "crypto."}, {"start": "00:43:43", "end": "00:43:49", "text": "No. How do I end it? There's an AI"}, {"start": "00:43:46", "end": "00:43:51", "text": "meltdown going on right now. Do I think"}, {"start": "00:43:49", "end": "00:43:52", "text": "it's overblown? Yes. Do I think any of"}, {"start": "00:43:51", "end": "00:43:54", "text": "the companies are going to slow down?"}, {"start": "00:43:52", "end": "00:43:56", "text": "No."}, {"start": "00:43:54", "end": "00:43:59", "text": "But uh investors have to worry and I"}, {"start": "00:43:56", "end": "00:44:01", "text": "think"}, {"start": "00:43:59", "end": "00:44:03", "text": "we'll just see right now it does seem"}, {"start": "00:44:01", "end": "00:44:06", "text": "like there's a lot of fear-mongering."}, {"start": "00:44:03", "end": "00:44:07", "text": "There's no doubt that AI is"}, {"start": "00:44:06", "end": "00:44:11", "text": "the future of AI is going to be very"}, {"start": "00:44:07", "end": "00:44:14", "text": "scary and very important to all of us."}, {"start": "00:44:11", "end": "00:44:17", "text": "Right now most people does not feel it"}, {"start": "00:44:14", "end": "00:44:21", "text": "but they will um very soon there will be"}, {"start": "00:44:17", "end": "00:44:24", "text": "a lot of advancements in things that"}, {"start": "00:44:21", "end": "00:44:28", "text": "we don't think are relevant but math"}, {"start": "00:44:24", "end": "00:44:30", "text": "science obviously chemistry"}, {"start": "00:44:28", "end": "00:44:32", "text": "biology"}, {"start": "00:44:30", "end": "00:44:36", "text": "you know there will be major"}, {"start": "00:44:32", "end": "00:44:39", "text": "advancements in health medicine"}, {"start": "00:44:36", "end": "00:44:39", "text": "longevity"}, {"start": "00:44:39", "end": "00:44:43", "text": "and I think a lot of other major things"}, {"start": "00:44:41", "end": "00:44:44", "text": "are going to be solved in the future."}, {"start": "00:44:43", "end": "00:44:46", "text": "But"}, {"start": "00:44:44", "end": "00:44:48", "text": "yeah, it's also going to lead to"}, {"start": "00:44:46", "end": "00:44:51", "text": "destruction of jobs,"}, {"start": "00:44:48", "end": "00:44:54", "text": "a lot of destruction of jobs. In 5 to 10"}, {"start": "00:44:51", "end": "00:44:58", "text": "years, unemployment will be super high."}, {"start": "00:44:54", "end": "00:45:01", "text": "So, it is the time right now"}, {"start": "00:44:58", "end": "00:45:03", "text": "to prepare, right? To build as much"}, {"start": "00:45:01", "end": "00:45:05", "text": "wealth as you can in the next 5 to 10"}, {"start": "00:45:03", "end": "00:45:06", "text": "years is once you lose your job, you're"}, {"start": "00:45:05", "end": "00:45:10", "text": "not going to get another one again. It's"}, {"start": "00:45:06", "end": "00:45:12", "text": "guaranteed. and uh"}, {"start": "00:45:10", "end": "00:45:14", "text": "and figure out how to use AI to build"}, {"start": "00:45:12", "end": "00:45:17", "text": "something or create something or to"}, {"start": "00:45:14", "end": "00:45:19", "text": "better yourself in some way. You got to"}, {"start": "00:45:17", "end": "00:45:21", "text": "do it. But right now, what we're going"}, {"start": "00:45:19", "end": "00:45:22", "text": "through, I don't know this"}, {"start": "00:45:21", "end": "00:45:24", "text": "fear-mongering, I don't think it's going"}, {"start": "00:45:22", "end": "00:45:26", "text": "to do anything. And certainly other"}, {"start": "00:45:24", "end": "00:45:29", "text": "companies and other nations are not"}, {"start": "00:45:26", "end": "00:45:31", "text": "going to stop."}, {"start": "00:45:29", "end": "00:45:33", "text": "But how this relates to Bitcoin and"}, {"start": "00:45:31", "end": "00:45:36", "text": "crypto is it's the best way to optimize"}, {"start": "00:45:33", "end": "00:45:38", "text": "wealth. The fastest way to optimize"}, {"start": "00:45:36", "end": "00:45:41", "text": "wealth, especially"}, {"start": "00:45:38", "end": "00:45:43", "text": "as we recover and as we come up from our"}, {"start": "00:45:41", "end": "00:45:46", "text": "crypto winter, right? It happens every"}, {"start": "00:45:43", "end": "00:45:48", "text": "single time. And those of you guys that"}, {"start": "00:45:46", "end": "00:45:51", "text": "have lived through a cycle or two know"}, {"start": "00:45:48", "end": "00:45:54", "text": "what I'm talking about. All right, guys."}, {"start": "00:45:51", "end": "00:45:56", "text": "Have a good one. Take care. Smash the"}, {"start": "00:45:54", "end": "00:45:58", "text": "like. Subscribe to the channel. Go go go"}, {"start": "00:45:56", "end": "00:46:01", "text": "go utilize Ask Clash and Clash Pix and"}, {"start": "00:45:58", "end": "00:46:03", "text": "Clash Project. That leaderboard score is"}, {"start": "00:46:01", "end": "00:46:07", "text": "going to be very, very important coming"}, {"start": "00:46:03", "end": "00:46:09", "text": "up. So, just FYI. All right, have a good"}, {"start": "00:46:07", "end": "00:46:11", "text": "one. Take care."}, {"start": "00:46:09", "end": "00:46:11", "text": "Bye-bye."}]

[{"start": "00:00:01", "end": "00:00:10", "text": "Welcome back to Cryptos. I am George."}, {"start": "00:00:06", "end": "00:00:12", "text": "We're all George. Happy Friday."}, {"start": "00:00:10", "end": "00:00:16", "text": "Today's looking better than yesterday."}, {"start": "00:00:12", "end": "00:00:19", "text": "US market is really green. So, let's"}, {"start": "00:00:16", "end": "00:00:22", "text": "talk about what this inflation reading"}, {"start": "00:00:19", "end": "00:00:25", "text": "means going forward. Why Wall Street is"}, {"start": "00:00:22", "end": "00:00:27", "text": "so happy about it and let's talk about"}, {"start": "00:00:25", "end": "00:00:31", "text": "Bitcoin, of course, and how this"}, {"start": "00:00:27", "end": "00:00:36", "text": "breakout is coming. All right, let's do"}, {"start": "00:00:31", "end": "00:00:39", "text": "it, guys. Let's do it. Welcome, welcome,"}, {"start": "00:00:36", "end": "00:00:41", "text": "welcome. We are starting out the day a"}, {"start": "00:00:39", "end": "00:00:45", "text": "little bit better than yesterday."}, {"start": "00:00:41", "end": "00:00:49", "text": "Bitcoin is up about 1% close to 78,000"}, {"start": "00:00:45", "end": "00:00:52", "text": "but we're seeing good movement with ETH"}, {"start": "00:00:49", "end": "00:00:55", "text": "up over 3% above 200. You could see ETH"}, {"start": "00:00:52", "end": "00:00:59", "text": "is really holding well at this point."}, {"start": "00:00:55", "end": "00:01:02", "text": "Souls back above 100 once again and US"}, {"start": "00:00:59", "end": "00:01:07", "text": "market today is looking pretty darn"}, {"start": "00:01:02", "end": "00:01:10", "text": "green. Let's take a look."}, {"start": "00:01:07", "end": "00:01:12", "text": "Dow is plus 600 already right off the"}, {"start": "00:01:10", "end": "00:01:15", "text": "bat and NASDAQ plus 200. Yesterday"}, {"start": "00:01:12", "end": "00:01:17", "text": "wasn't a great day because of PPI"}, {"start": "00:01:15", "end": "00:01:20", "text": "inflation"}, {"start": "00:01:17", "end": "00:01:22", "text": "but today we got CPI which is a bigger"}, {"start": "00:01:20", "end": "00:01:25", "text": "reading"}, {"start": "00:01:22", "end": "00:01:28", "text": "and uh and it showed yeah inflation went"}, {"start": "00:01:25", "end": "00:01:28", "text": "up by.1%."}, {"start": "00:01:28", "end": "00:01:37", "text": "Okay we went from 3.3 to 3.4."}, {"start": "00:01:32", "end": "00:01:41", "text": "Uh but the the thing that really"}, {"start": "00:01:37", "end": "00:01:44", "text": "help uh help investors today be bullish"}, {"start": "00:01:41", "end": "00:01:47", "text": "is if you look at it's hard to see but"}, {"start": "00:01:44", "end": "00:01:49", "text": "if you subtract food and energy"}, {"start": "00:01:47", "end": "00:01:52", "text": "core inflation"}, {"start": "00:01:49", "end": "00:01:54", "text": "actually went down."}, {"start": "00:01:52", "end": "00:01:56", "text": "So that's what's surprising. Headline"}, {"start": "00:01:54", "end": "00:01:58", "text": "inflation went up when you include food"}, {"start": "00:01:56", "end": "00:02:01", "text": "and energy and those are obviously"}, {"start": "00:01:58", "end": "00:02:04", "text": "volatile and very important. But if you"}, {"start": "00:02:01", "end": "00:02:07", "text": "take food energy out, you look at core"}, {"start": "00:02:04", "end": "00:02:13", "text": "inflation, it actually ticked downwards."}, {"start": "00:02:07", "end": "00:02:16", "text": "So inflation isn't as bad as some"}, {"start": "00:02:13", "end": "00:02:19", "text": "have predicted I guess leading up to"}, {"start": "00:02:16", "end": "00:02:23", "text": "this point. So this is the reason why we"}, {"start": "00:02:19", "end": "00:02:27", "text": "are green. However, the FOMC meeting"}, {"start": "00:02:23", "end": "00:02:30", "text": "prediction or rate probability is still"}, {"start": "00:02:27", "end": "00:02:33", "text": "quite bearish. So next week we will have"}, {"start": "00:02:30", "end": "00:02:37", "text": "another FOMC press conference and right"}, {"start": "00:02:33", "end": "00:02:37", "text": "now it's looking like 70%"}, {"start": "00:02:37", "end": "00:02:42", "text": "for a hike."}, {"start": "00:02:40", "end": "00:02:44", "text": "So it's pretty much a lock at this"}, {"start": "00:02:42", "end": "00:02:46", "text": "point."}, {"start": "00:02:44", "end": "00:02:51", "text": "But investors Wall Street does not seem"}, {"start": "00:02:46", "end": "00:02:54", "text": "to care. They are piling the buys today."}, {"start": "00:02:51", "end": "00:02:57", "text": "So that's good. But that's the reason,"}, {"start": "00:02:54", "end": "00:03:00", "text": "right? We do need more favorable data"}, {"start": "00:02:57", "end": "00:03:02", "text": "like this. As long as inflation stays"}, {"start": "00:03:00", "end": "00:03:04", "text": "down,"}, {"start": "00:03:02", "end": "00:03:08", "text": "then you know we can move forward,"}, {"start": "00:03:04", "end": "00:03:11", "text": "right? But this is like the the hanging"}, {"start": "00:03:08", "end": "00:03:14", "text": "the overcast cloud that doesn't seem to"}, {"start": "00:03:11", "end": "00:03:18", "text": "go away, right? And and part of that is"}, {"start": "00:03:14", "end": "00:03:19", "text": "due to the war. And Bant says there will"}, {"start": "00:03:18", "end": "00:03:24", "text": "be a large bank that'll be sanctioned on"}, {"start": "00:03:19", "end": "00:03:28", "text": "Monday. Okay, remember all this economic"}, {"start": "00:03:24", "end": "00:03:30", "text": "sanctions and and uh whatever else,"}, {"start": "00:03:28", "end": "00:03:33", "text": "economic destruction, whatever he was"}, {"start": "00:03:30", "end": "00:03:36", "text": "saying before. We haven't really seen or"}, {"start": "00:03:33", "end": "00:03:39", "text": "heard much of it. I guess we will on"}, {"start": "00:03:36", "end": "00:03:42", "text": "Monday. So, yeah, but the war is"}, {"start": "00:03:39", "end": "00:03:45", "text": "ongoing. Obviously, oil is still"}, {"start": "00:03:42", "end": "00:03:48", "text": "elevated obviously. So, gas prices,"}, {"start": "00:03:45", "end": "00:03:50", "text": "energy prices, food prices are still"}, {"start": "00:03:48", "end": "00:03:52", "text": "elevated because of it. But today we got"}, {"start": "00:03:50", "end": "00:03:56", "text": "a surprise"}, {"start": "00:03:52", "end": "00:03:59", "text": "CPI reading."}, {"start": "00:03:56", "end": "00:04:02", "text": "Um so that's good. But yeah, hopefully"}, {"start": "00:03:59", "end": "00:04:07", "text": "this comes to an end soon. Uh and our"}, {"start": "00:04:02", "end": "00:04:11", "text": "yield, you know, for our bonds, our IUS"}, {"start": "00:04:07", "end": "00:04:12", "text": "continue to go higher. So overall not"}, {"start": "00:04:11", "end": "00:04:15", "text": "looking"}, {"start": "00:04:12", "end": "00:04:20", "text": "pretty at this point."}, {"start": "00:04:15", "end": "00:04:24", "text": "Um, yesterday there was a big thing from"}, {"start": "00:04:20", "end": "00:04:28", "text": "this random guy that quit, put a post."}, {"start": "00:04:24", "end": "00:04:31", "text": "He got like 18 million views on X about"}, {"start": "00:04:28", "end": "00:04:33", "text": "AI is going to make humans extinct and"}, {"start": "00:04:31", "end": "00:04:36", "text": "there's a 10% chance of it. Man, he's"}, {"start": "00:04:33", "end": "00:04:39", "text": "been busy. He's been doing interviews"}, {"start": "00:04:36", "end": "00:04:42", "text": "with everyone"}, {"start": "00:04:39", "end": "00:04:44", "text": "on Fox News, on CNN, with Megan Kelly,"}, {"start": "00:04:42", "end": "00:04:45", "text": "with everyone."}, {"start": "00:04:44", "end": "00:04:49", "text": "[clears throat]"}, {"start": "00:04:45", "end": "00:04:50", "text": "Even Elon can't can't believe the amount"}, {"start": "00:04:49", "end": "00:04:53", "text": "of attention he's getting. Elon"}, {"start": "00:04:50", "end": "00:04:56", "text": "disagrees with what he's saying. But"}, {"start": "00:04:53", "end": "00:04:58", "text": "Trump was asked about it. And Trump"}, {"start": "00:04:56", "end": "00:05:00", "text": "says, \"No, I don't have any fears that"}, {"start": "00:04:58", "end": "00:05:03", "text": "AI is going to make humans extinct.\" But"}, {"start": "00:05:00", "end": "00:05:05", "text": "he does have fears that China is going"}, {"start": "00:05:03", "end": "00:05:07", "text": "to lead the space. So he wants to make"}, {"start": "00:05:05", "end": "00:05:10", "text": "sure that the US stays dominant. He"}, {"start": "00:05:07", "end": "00:05:14", "text": "thinks about he thinks the US is about a"}, {"start": "00:05:10", "end": "00:05:16", "text": "year ahead which in AI terms is a light"}, {"start": "00:05:14", "end": "00:05:18", "text": "year, okay, to be a year ahead. And he's"}, {"start": "00:05:16", "end": "00:05:21", "text": "true. I mean what he says is true. I"}, {"start": "00:05:18", "end": "00:05:23", "text": "don't know about AI extinction, but the"}, {"start": "00:05:21", "end": "00:05:27", "text": "way we are advancing,"}, {"start": "00:05:23", "end": "00:05:30", "text": "we don't do something about it, maybe."}, {"start": "00:05:27", "end": "00:05:32", "text": "And there's rumors that Sam Alman from"}, {"start": "00:05:30", "end": "00:05:35", "text": "OpenAI is thinking about slowing down"}, {"start": "00:05:32", "end": "00:05:38", "text": "their models because things are getting"}, {"start": "00:05:35", "end": "00:05:38", "text": "quite wild."}, {"start": "00:05:39", "end": "00:05:43", "text": "Uh this also came out for those of you"}, {"start": "00:05:41", "end": "00:05:47", "text": "guys that use Claude and Claude Code and"}, {"start": "00:05:43", "end": "00:05:50", "text": "and Fable. It came out and said that"}, {"start": "00:05:47", "end": "00:05:53", "text": "this Chinese company Kimmy or Moonshot"}, {"start": "00:05:50", "end": "00:05:56", "text": "AI basically"}, {"start": "00:05:53", "end": "00:05:59", "text": "used their model and sent almost 300,000"}, {"start": "00:05:56", "end": "00:06:02", "text": "people on Kimmy directly to to Claude"}, {"start": "00:05:59", "end": "00:06:04", "text": "Opus, right? Without even trying to fake"}, {"start": "00:06:02", "end": "00:06:07", "text": "it or distill it, they just like"}, {"start": "00:06:04", "end": "00:06:09", "text": "redirected the traffic and uh and it's"}, {"start": "00:06:07", "end": "00:06:12", "text": "it's quite funny. So, this is part of"}, {"start": "00:06:09", "end": "00:06:14", "text": "the the one year ahead that Trump"}, {"start": "00:06:12", "end": "00:06:16", "text": "mentioned. I I do think that the"}, {"start": "00:06:14", "end": "00:06:18", "text": "frontier companies in the US are about a"}, {"start": "00:06:16", "end": "00:06:20", "text": "year ahead of the Chinese companies, but"}, {"start": "00:06:18", "end": "00:06:23", "text": "that doesn't mean that they can't catch"}, {"start": "00:06:20", "end": "00:06:26", "text": "up very very very quickly"}, {"start": "00:06:23", "end": "00:06:29", "text": "and demand is just still skyhigh. Uh"}, {"start": "00:06:26", "end": "00:06:31", "text": "really really strong on both sides."}, {"start": "00:06:29", "end": "00:06:34", "text": "[snorts] Uh this guy Tibo, he's one of"}, {"start": "00:06:31", "end": "00:06:36", "text": "the main guys from OpenAI and CHBT. They"}, {"start": "00:06:34", "end": "00:06:40", "text": "basically said they had to pause their"}, {"start": "00:06:36", "end": "00:06:44", "text": "$200 pro plan yesterday because of such"}, {"start": "00:06:40", "end": "00:06:46", "text": "high demand and the $200 pro plan isn't"}, {"start": "00:06:44", "end": "00:06:49", "text": "even that generous anymore, but still"}, {"start": "00:06:46", "end": "00:06:53", "text": "it's better than just using API, you"}, {"start": "00:06:49", "end": "00:06:56", "text": "know, credits. Um, but yeah, this just"}, {"start": "00:06:53", "end": "00:06:59", "text": "goes shows you how much demand there is."}, {"start": "00:06:56", "end": "00:07:04", "text": "And then I also saw this. They released"}, {"start": "00:06:59", "end": "00:07:08", "text": "a GBT for clinicians, for doctors to use"}, {"start": "00:07:04", "end": "00:07:10", "text": "and it's free."}, {"start": "00:07:08", "end": "00:07:16", "text": "So this is what I've been saying. No, no"}, {"start": "00:07:10", "end": "00:07:19", "text": "job really is safe because even doctors"}, {"start": "00:07:16", "end": "00:07:24", "text": "and nurses that you see soon will just"}, {"start": "00:07:19", "end": "00:07:27", "text": "be asking chatbt on a diagnosis."}, {"start": "00:07:24", "end": "00:07:29", "text": "So you don't need as many anymore,"}, {"start": "00:07:27", "end": "00:07:31", "text": "right?"}, {"start": "00:07:29", "end": "00:07:33", "text": "And that's smart just giving out for"}, {"start": "00:07:31", "end": "00:07:34", "text": "free. So then everyone just adopts it"}, {"start": "00:07:33", "end": "00:07:36", "text": "and then they can't live without it and"}, {"start": "00:07:34", "end": "00:07:40", "text": "then boom, you turn on subscription for"}, {"start": "00:07:36", "end": "00:07:43", "text": "all these clinicians."}, {"start": "00:07:40", "end": "00:07:45", "text": "Anyways, thought that was fascinating."}, {"start": "00:07:43", "end": "00:07:49", "text": "Going back to Bitcoin and crypto,"}, {"start": "00:07:45", "end": "00:07:53", "text": "yesterday wasn't a great day for ETFs."}, {"start": "00:07:49", "end": "00:07:56", "text": "Bitcoin had a large outflow minus 282"}, {"start": "00:07:53", "end": "00:07:58", "text": "million minus 30 million for ETH minus"}, {"start": "00:07:56", "end": "00:08:01", "text": "400,000 for soul minus 2 million for"}, {"start": "00:07:58", "end": "00:08:05", "text": "XRP. So yesterday wasn't great but I"}, {"start": "00:08:01", "end": "00:08:09", "text": "have a feeling today could be because of"}, {"start": "00:08:05", "end": "00:08:11", "text": "the CPI reading and US markets are in"}, {"start": "00:08:09", "end": "00:08:13", "text": "green right now. So we could definitely"}, {"start": "00:08:11", "end": "00:08:16", "text": "see that"}, {"start": "00:08:13", "end": "00:08:17", "text": "and uh"}, {"start": "00:08:16", "end": "00:08:19", "text": "and yeah that would be good. That would"}, {"start": "00:08:17", "end": "00:08:24", "text": "be good. stable coins still going"}, {"start": "00:08:19", "end": "00:08:26", "text": "upwards, which is good. Plus 66 million."}, {"start": "00:08:24", "end": "00:08:28", "text": "So, right now, Wall Street still kind of"}, {"start": "00:08:26", "end": "00:08:31", "text": "flip-flopping here or there. You don't"}, {"start": "00:08:28", "end": "00:08:35", "text": "see the same kind of conviction as"}, {"start": "00:08:31", "end": "00:08:37", "text": "long-term holders, obviously, but"}, {"start": "00:08:35", "end": "00:08:40", "text": "you take the good with the bad, right?"}, {"start": "00:08:37", "end": "00:08:42", "text": "Sometimes"}, {"start": "00:08:40", "end": "00:08:44", "text": "it's a good thing because when do when"}, {"start": "00:08:42", "end": "00:08:47", "text": "things do turn around, you see that"}, {"start": "00:08:44", "end": "00:08:51", "text": "massive FOMO come in with the ETFs and"}, {"start": "00:08:47", "end": "00:08:51", "text": "liquidity as well. So,"}, {"start": "00:08:51", "end": "00:08:56", "text": "it is what it is. It is what it is. But"}, {"start": "00:08:54", "end": "00:08:59", "text": "overall, we are seeing more money come"}, {"start": "00:08:56", "end": "00:09:02", "text": "in than out at this point. So, there are"}, {"start": "00:08:59", "end": "00:09:05", "text": "some smarter investors. They're not just"}, {"start": "00:09:02", "end": "00:09:06", "text": "flip-flopping. They are coming back and"}, {"start": "00:09:05", "end": "00:09:12", "text": "that is good."}, {"start": "00:09:06", "end": "00:09:16", "text": "good all around. Uh liquidations"}, {"start": "00:09:12", "end": "00:09:19", "text": "little bit higher today plus around 400"}, {"start": "00:09:16", "end": "00:09:19", "text": "million."}, {"start": "00:09:19", "end": "00:09:25", "text": "Most of that and longs unfortunately a"}, {"start": "00:09:22", "end": "00:09:29", "text": "lot of it with XRP and hype. No idea why"}, {"start": "00:09:25", "end": "00:09:32", "text": "people are going long on hype and XRP so"}, {"start": "00:09:29", "end": "00:09:34", "text": "much. But if you're looking at the"}, {"start": "00:09:32", "end": "00:09:38", "text": "levels this morning, we did clear out a"}, {"start": "00:09:34", "end": "00:09:41", "text": "lot of shorts. Okay, 77,000 all the way"}, {"start": "00:09:38", "end": "00:09:43", "text": "up to 78,000. We cleared out a lot of"}, {"start": "00:09:41", "end": "00:09:45", "text": "shorts over here. And if you look, if we"}, {"start": "00:09:43", "end": "00:09:48", "text": "go higher, there's like almost nothing"}, {"start": "00:09:45", "end": "00:09:51", "text": "right around 79. So, it would not"}, {"start": "00:09:48", "end": "00:09:53", "text": "surprise me that today we clear out the"}, {"start": "00:09:51", "end": "00:09:56", "text": "remaining shorts right here"}, {"start": "00:09:53", "end": "00:09:59", "text": "and then headed to 79 and again try to"}, {"start": "00:09:56", "end": "00:10:02", "text": "test 80 there. There's just not that"}, {"start": "00:09:59", "end": "00:10:03", "text": "much holding us back at this point,"}, {"start": "00:10:02", "end": "00:10:08", "text": "which is"}, {"start": "00:10:03", "end": "00:10:10", "text": "great. I mean, we were at 79 80,000 for"}, {"start": "00:10:08", "end": "00:10:12", "text": "for a while now. So, it doesn't surprise"}, {"start": "00:10:10", "end": "00:10:15", "text": "me we get back up there. And that's when"}, {"start": "00:10:12", "end": "00:10:21", "text": "we try to shatter through a lot of these"}, {"start": "00:10:15", "end": "00:10:23", "text": "others other points going up to 81 82. I"}, {"start": "00:10:21", "end": "00:10:24", "text": "you know,"}, {"start": "00:10:23", "end": "00:10:28", "text": "oh yeah, there's actually a big cluster"}, {"start": "00:10:24", "end": "00:10:30", "text": "up here right around 80 81."}, {"start": "00:10:28", "end": "00:10:34", "text": "We need to shatter that. Clear out all"}, {"start": "00:10:30", "end": "00:10:36", "text": "those shorts."}, {"start": "00:10:34", "end": "00:10:41", "text": "those market makers, they love doing"}, {"start": "00:10:36", "end": "00:10:41", "text": "that. They love clearing out"}, {"start": "00:10:41", "end": "00:10:47", "text": "shorts and longs. So, it would not"}, {"start": "00:10:44", "end": "00:10:51", "text": "surprise me. We today we have a good"}, {"start": "00:10:47", "end": "00:10:55", "text": "boost and good inflow. Uh we can"}, {"start": "00:10:51", "end": "00:10:57", "text": "liquidate all those pretty easily."}, {"start": "00:10:55", "end": "00:11:00", "text": "Uh what else? Liquid Network resumes"}, {"start": "00:10:57", "end": "00:11:04", "text": "block production after the hackers"}, {"start": "00:11:00", "end": "00:11:05", "text": "return most of that Bitcoin. They kept"}, {"start": "00:11:04", "end": "00:11:09", "text": "15%"}, {"start": "00:11:05", "end": "00:11:13", "text": "and now they're asking Adam Black to"}, {"start": "00:11:09", "end": "00:11:18", "text": "give him give them 10% of his own I"}, {"start": "00:11:13", "end": "00:11:20", "text": "guess holdings to return to 15%. So that"}, {"start": "00:11:18", "end": "00:11:23", "text": "means they they they will return the 15%"}, {"start": "00:11:20", "end": "00:11:26", "text": "but they want what they took 10% of what"}, {"start": "00:11:23", "end": "00:11:31", "text": "they took as"}, {"start": "00:11:26", "end": "00:11:33", "text": "as um as a reward but from Adam Black's"}, {"start": "00:11:31", "end": "00:11:36", "text": "own stash. First of all, we don't know"}, {"start": "00:11:33", "end": "00:11:38", "text": "if he has that much. And second of all,"}, {"start": "00:11:36", "end": "00:11:41", "text": "that's still a lot. Adam Black says,"}, {"start": "00:11:38", "end": "00:11:42", "text": "\"No, we're going to pursue, you know,"}, {"start": "00:11:41", "end": "00:11:45", "text": "we're going to work with the police and"}, {"start": "00:11:42", "end": "00:11:46", "text": "and still try to recover the funds.\" So,"}, {"start": "00:11:45", "end": "00:11:49", "text": "I think the hackers are making a big"}, {"start": "00:11:46", "end": "00:11:51", "text": "mistake, right? Like, if they return"}, {"start": "00:11:49", "end": "00:11:54", "text": "most of it, they negotiate something"}, {"start": "00:11:51", "end": "00:11:56", "text": "like 1% 2% 5% as a bounty or something"}, {"start": "00:11:54", "end": "00:11:58", "text": "like that, that's reasonable. That's"}, {"start": "00:11:56", "end": "00:12:01", "text": "still a lot of money."}, {"start": "00:11:58", "end": "00:12:03", "text": "And if you make a deal, whatever, it's"}, {"start": "00:12:01", "end": "00:12:07", "text": "over with. But the fact that they're"}, {"start": "00:12:03", "end": "00:12:10", "text": "keeping such large amounts"}, {"start": "00:12:07", "end": "00:12:12", "text": "and they're trying to ransom a bounty"}, {"start": "00:12:10", "end": "00:12:14", "text": "now at this point"}, {"start": "00:12:12", "end": "00:12:15", "text": "just makes him look bad. and this is not"}, {"start": "00:12:14", "end": "00:12:17", "text": "going to be over and they're always"}, {"start": "00:12:15", "end": "00:12:21", "text": "going to be looking over the shoulder"}, {"start": "00:12:17", "end": "00:12:23", "text": "that the the the Bitcoin that they hold"}, {"start": "00:12:21", "end": "00:12:27", "text": "will be forever tracked. You know, it'll"}, {"start": "00:12:23", "end": "00:12:30", "text": "be almost impossible to to cash out. So,"}, {"start": "00:12:27", "end": "00:12:33", "text": "there's almost like no point anymore,"}, {"start": "00:12:30", "end": "00:12:34", "text": "right? But we'll see. We'll see what"}, {"start": "00:12:33", "end": "00:12:36", "text": "happens. Even if they return at this"}, {"start": "00:12:34", "end": "00:12:39", "text": "point, law enforcement will still"}, {"start": "00:12:36", "end": "00:12:42", "text": "probably be going after them."}, {"start": "00:12:39", "end": "00:12:44", "text": "Um,"}, {"start": "00:12:42", "end": "00:12:48", "text": "outside of that news, there's really not"}, {"start": "00:12:44", "end": "00:12:51", "text": "a whole lot of other stuff other than,"}, {"start": "00:12:48", "end": "00:12:54", "text": "yeah, I mean, we're breaking out. If"}, {"start": "00:12:51", "end": "00:12:56", "text": "we're breaking out from our crypto"}, {"start": "00:12:54", "end": "00:12:58", "text": "winter lows, and I think most of you"}, {"start": "00:12:56", "end": "00:13:01", "text": "guys know that, there's not much else to"}, {"start": "00:12:58", "end": "00:13:05", "text": "say or show. You know, every single"}, {"start": "00:13:01", "end": "00:13:07", "text": "chart if you zoom out and you look at"}, {"start": "00:13:05", "end": "00:13:11", "text": "how Bitcoin is moving,"}, {"start": "00:13:07", "end": "00:13:14", "text": "it looks exactly like this. You know,"}, {"start": "00:13:11", "end": "00:13:14", "text": "the moving averages,"}, {"start": "00:13:17", "end": "00:13:22", "text": "they cross down and then Bitcoin"}, {"start": "00:13:20", "end": "00:13:25", "text": "follows, right? Or vice versa. Bitcoin"}, {"start": "00:13:22", "end": "00:13:27", "text": "goes down and then the, you know, the"}, {"start": "00:13:25", "end": "00:13:30", "text": "moving averages follow and then we have"}, {"start": "00:13:27", "end": "00:13:34", "text": "a point where they turn back above and"}, {"start": "00:13:30", "end": "00:13:37", "text": "that's when it gets good again."}, {"start": "00:13:34", "end": "00:13:39", "text": "You know, last low brought us to 15,000."}, {"start": "00:13:37", "end": "00:13:42", "text": "We were there for a while and then we"}, {"start": "00:13:39", "end": "00:13:43", "text": "broke out from 20 and then we just kept"}, {"start": "00:13:42", "end": "00:13:46", "text": "going. And the time before, same thing."}, {"start": "00:13:43", "end": "00:13:49", "text": "We were below 10,000. We broke below to"}, {"start": "00:13:46", "end": "00:13:52", "text": "3,000. Then we came back, hover around"}, {"start": "00:13:49", "end": "00:13:54", "text": "10,000 a little bit and then boom, kept"}, {"start": "00:13:52", "end": "00:13:56", "text": "going"}, {"start": "00:13:54", "end": "00:14:00", "text": "every single time and it's just seems"}, {"start": "00:13:56", "end": "00:14:00", "text": "like it's the same thing now,"}, {"start": "00:14:01", "end": "00:14:09", "text": "right? So, you just got to hold on DCA."}, {"start": "00:14:05", "end": "00:14:11", "text": "That's it. That is it with everything"}, {"start": "00:14:09", "end": "00:14:14", "text": "I've been saying. cap rotation coming"}, {"start": "00:14:11", "end": "00:14:16", "text": "back in"}, {"start": "00:14:14", "end": "00:14:19", "text": "and favorable regulation and clarity act"}, {"start": "00:14:16", "end": "00:14:21", "text": "coming up and midterms and all these"}, {"start": "00:14:19", "end": "00:14:23", "text": "things."}, {"start": "00:14:21", "end": "00:14:26", "text": "They're are huge catalysts that could"}, {"start": "00:14:23", "end": "00:14:30", "text": "definitely drive us forward back into"}, {"start": "00:14:26", "end": "00:14:33", "text": "six figures back to our all-time high"}, {"start": "00:14:30", "end": "00:14:36", "text": "and then"}, {"start": "00:14:33", "end": "00:14:38", "text": "beyond. Really"}, {"start": "00:14:36", "end": "00:14:41", "text": "sky's is the limit."}, {"start": "00:14:38", "end": "00:14:43", "text": "Uh, Salana still doing well. Still"}, {"start": "00:14:41", "end": "00:14:47", "text": "leading in transactions."}, {"start": "00:14:43", "end": "00:14:47", "text": "Tokens issued."}, {"start": "00:14:47", "end": "00:14:53", "text": "[snorts] That's a lot of tokens from"}, {"start": "00:14:49", "end": "00:14:56", "text": "Pump. Fun and others, right? I I was"}, {"start": "00:14:53", "end": "00:14:59", "text": "thinking maybe for Clash, I should come"}, {"start": "00:14:56", "end": "00:15:01", "text": "out with a token launcher, too. Uh, come"}, {"start": "00:14:59", "end": "00:15:05", "text": "out with a chain"}, {"start": "00:15:01", "end": "00:15:07", "text": "or something. Maybe not a chain, but you"}, {"start": "00:15:05", "end": "00:15:09", "text": "need to use Clash to launch a token."}, {"start": "00:15:07", "end": "00:15:10", "text": "something like that, you know, that"}, {"start": "00:15:09", "end": "00:15:13", "text": "could that could be beneficial because"}, {"start": "00:15:10", "end": "00:15:15", "text": "people love people love meme coins."}, {"start": "00:15:13", "end": "00:15:18", "text": "People love"}, {"start": "00:15:15", "end": "00:15:20", "text": "to just gamble on something and"}, {"start": "00:15:18", "end": "00:15:23", "text": "hopefully they can make some money off"}, {"start": "00:15:20", "end": "00:15:27", "text": "of it. So, you know, that might be my"}, {"start": "00:15:23", "end": "00:15:30", "text": "next project. Uh XRP is"}, {"start": "00:15:27", "end": "00:15:32", "text": "involving AI, AI driven tools for"}, {"start": "00:15:30", "end": "00:15:34", "text": "enterprise finance teams. That's great."}, {"start": "00:15:32", "end": "00:15:37", "text": "There's so many things that you could do"}, {"start": "00:15:34", "end": "00:15:39", "text": "with AI and we need to see more of it in"}, {"start": "00:15:37", "end": "00:15:42", "text": "crypto. Crypto is great. We have"}, {"start": "00:15:39", "end": "00:15:46", "text": "infrastructure that is perfect for AI"}, {"start": "00:15:42", "end": "00:15:48", "text": "models and AI tools and DAPs. We just"}, {"start": "00:15:46", "end": "00:15:52", "text": "need to see more"}, {"start": "00:15:48", "end": "00:15:54", "text": "more uses and uh and more of it come"}, {"start": "00:15:52", "end": "00:15:56", "text": "out, right?"}, {"start": "00:15:54", "end": "00:16:00", "text": "So,"}, {"start": "00:15:56", "end": "00:16:03", "text": "good stuff. Good stuff."}, {"start": "00:16:00", "end": "00:16:06", "text": "Uh, last I saw this call. She wants 247"}, {"start": "00:16:03", "end": "00:16:08", "text": "Tesla and Nvidia pers. Wall Street"}, {"start": "00:16:06", "end": "00:16:11", "text": "fights over who regulates them. Yeah,"}, {"start": "00:16:08", "end": "00:16:15", "text": "right now tokenized stocks"}, {"start": "00:16:11", "end": "00:16:16", "text": "very hot. But not only that, they want"}, {"start": "00:16:15", "end": "00:16:21", "text": "perpetual"}, {"start": "00:16:16", "end": "00:16:24", "text": "futures of tokenized stocks,"}, {"start": "00:16:21", "end": "00:16:26", "text": "right? So that you can trade them 247"}, {"start": "00:16:24", "end": "00:16:29", "text": "and have leverage on them, right? And"}, {"start": "00:16:26", "end": "00:16:34", "text": "then now it's getting complicated. Who's"}, {"start": "00:16:29", "end": "00:16:38", "text": "regulating CFTC, SEC? Is it even legal,"}, {"start": "00:16:34", "end": "00:16:41", "text": "right? And why is KHI on this? No one"}, {"start": "00:16:38", "end": "00:16:44", "text": "knows. Everyone All I know is everyone"}, {"start": "00:16:41", "end": "00:16:46", "text": "just wants a piece. Everyone wants a"}, {"start": "00:16:44", "end": "00:16:48", "text": "piece,"}, {"start": "00:16:46", "end": "00:16:51", "text": "which is why"}, {"start": "00:16:48", "end": "00:16:53", "text": "good thing we have Clash Picks. Okay, so"}, {"start": "00:16:51", "end": "00:16:56", "text": "you guys haven't tried it yet. Make sure"}, {"start": "00:16:53", "end": "00:16:59", "text": "you do so. Everyone can make predictions"}, {"start": "00:16:56", "end": "00:17:01", "text": "with PC Clash which is given out for"}, {"start": "00:16:59", "end": "00:17:04", "text": "free but of course you could use Clash"}, {"start": "00:17:01", "end": "00:17:08", "text": "Soul or USDC. And we have AI"}, {"start": "00:17:04", "end": "00:17:10", "text": "intelligence built in every single one."}, {"start": "00:17:08", "end": "00:17:11", "text": "And"}, {"start": "00:17:10", "end": "00:17:14", "text": "look at this smart money. Look at how"}, {"start": "00:17:11", "end": "00:17:15", "text": "cool that looks and how beautiful that"}, {"start": "00:17:14", "end": "00:17:17", "text": "looks and gives you more intelligence"}, {"start": "00:17:15", "end": "00:17:20", "text": "into some of the hottest games that's"}, {"start": "00:17:17", "end": "00:17:20", "text": "going on"}, {"start": "00:17:22", "end": "00:17:25", "text": "to help you guys make better"}, {"start": "00:17:24", "end": "00:17:28", "text": "predictions."}, {"start": "00:17:25", "end": "00:17:30", "text": "Really good. And then tonight we also"}, {"start": "00:17:28", "end": "00:17:31", "text": "have another frontline tournament. For"}, {"start": "00:17:30", "end": "00:17:33", "text": "those of you guys that joined in last"}, {"start": "00:17:31", "end": "00:17:35", "text": "week, we actually had a good amount of"}, {"start": "00:17:33", "end": "00:17:37", "text": "people. We will have another one today"}, {"start": "00:17:35", "end": "00:17:40", "text": "if you want to join in. I made some"}, {"start": "00:17:37", "end": "00:17:44", "text": "network improvements. So hopefully it"}, {"start": "00:17:40", "end": "00:17:46", "text": "will be better and smoother tonight. If"}, {"start": "00:17:44", "end": "00:17:49", "text": "you haven't played"}, {"start": "00:17:46", "end": "00:17:51", "text": "Front Line yet, make sure you try it and"}, {"start": "00:17:49", "end": "00:17:54", "text": "practice beforehand. And then we also"}, {"start": "00:17:51", "end": "00:17:56", "text": "have other games as well."}, {"start": "00:17:54", "end": "00:17:58", "text": "If you didn't know, you should by now,"}, {"start": "00:17:56", "end": "00:18:01", "text": "but there are still a lot of people that"}, {"start": "00:17:58", "end": "00:18:05", "text": "don't. All right,"}, {"start": "00:18:01", "end": "00:18:08", "text": "that's about it today. Uh, still pretty"}, {"start": "00:18:05", "end": "00:18:11", "text": "good. NASDAQ coming up overall pretty"}, {"start": "00:18:08", "end": "00:18:14", "text": "good pretty good day. You got someone"}, {"start": "00:18:11", "end": "00:18:17", "text": "like HP up like 10% for no reason, but"}, {"start": "00:18:14", "end": "00:18:22", "text": "that's good for me because I have HP"}, {"start": "00:18:17", "end": "00:18:23", "text": "stock. Um HP's on fire today."}, {"start": "00:18:22", "end": "00:18:26", "text": "Maybe they had good earnings or"}, {"start": "00:18:23", "end": "00:18:30", "text": "something. Uh look at ETH. ETH having a"}, {"start": "00:18:26", "end": "00:18:32", "text": "great day. Plus 6%. Actually, ETH has"}, {"start": "00:18:30", "end": "00:18:34", "text": "broken out."}, {"start": "00:18:32", "end": "00:18:36", "text": "This is the highest it's been. has"}, {"start": "00:18:34", "end": "00:18:40", "text": "broken out"}, {"start": "00:18:36", "end": "00:18:43", "text": "from uh from the August highs."}, {"start": "00:18:40", "end": "00:18:46", "text": "That's fantastic. Soul also doing well"}, {"start": "00:18:43", "end": "00:18:48", "text": "plus three and a half%. Bitcoin's"}, {"start": "00:18:46", "end": "00:18:54", "text": "lagging a little bit, but today is led"}, {"start": "00:18:48", "end": "00:18:57", "text": "by ETH. ETH day right now."}, {"start": "00:18:54", "end": "00:18:57", "text": "All right,"}, {"start": "00:18:58", "end": "00:19:01", "text": "let's do some Q&A."}, {"start": "00:19:31", "end": "00:19:37", "text": "Sun go dog. [clears throat]"}, {"start": "00:19:34", "end": "00:19:40", "text": "Thank you. Appreciate it. Working very"}, {"start": "00:19:37", "end": "00:19:40", "text": "hard"}, {"start": "00:19:40", "end": "00:19:45", "text": "at Clash. I'm making it go to a billion"}, {"start": "00:19:43", "end": "00:19:49", "text": "dollars. Um I'm about to release two"}, {"start": "00:19:45", "end": "00:19:52", "text": "more games. One you guys will love if"}, {"start": "00:19:49", "end": "00:19:54", "text": "you guys grew up in the '9s. 2000 and"}, {"start": "00:19:52", "end": "00:19:56", "text": "you like basketball, I'll just put that"}, {"start": "00:19:54", "end": "00:19:58", "text": "way, you're gonna love this game I'm"}, {"start": "00:19:56", "end": "00:20:00", "text": "about to release. Um, and then there's a"}, {"start": "00:19:58", "end": "00:20:03", "text": "bigger one I'm working at that is"}, {"start": "00:20:00", "end": "00:20:06", "text": "enormous, even bigger than Front Line."}, {"start": "00:20:03", "end": "00:20:07", "text": "Front Line has taken me so much time."}, {"start": "00:20:06", "end": "00:20:09", "text": "Um, but I'm working on one that's"}, {"start": "00:20:07", "end": "00:20:13", "text": "potentially even bigger. And then I just"}, {"start": "00:20:09", "end": "00:20:16", "text": "got done talking about how,"}, {"start": "00:20:13", "end": "00:20:20", "text": "you know, there's so many, man, ETH is"}, {"start": "00:20:16", "end": "00:20:22", "text": "just on fire. It's almost 7% right now."}, {"start": "00:20:20", "end": "00:20:24", "text": "Um,"}, {"start": "00:20:22", "end": "00:20:26", "text": "I've been trying to think about besides"}, {"start": "00:20:24", "end": "00:20:28", "text": "games like what else to build and add in"}, {"start": "00:20:26", "end": "00:20:33", "text": "the Clash ecosystem. Maybe a token"}, {"start": "00:20:28", "end": "00:20:36", "text": "launcher. Clash.f fun or clash"}, {"start": "00:20:33", "end": "00:20:38", "text": "pump or pump.clash."}, {"start": "00:20:36", "end": "00:20:40", "text": "I don't know what. But maybe that that"}, {"start": "00:20:38", "end": "00:20:45", "text": "could be a good good thing to release"}, {"start": "00:20:40", "end": "00:20:49", "text": "next. Either that or um"}, {"start": "00:20:45", "end": "00:20:50", "text": "some kind of trading DEX platform."}, {"start": "00:20:49", "end": "00:20:52", "text": "But I these days I just don't feel like"}, {"start": "00:20:50", "end": "00:20:54", "text": "a lot of people trade. But maybe they"}, {"start": "00:20:52", "end": "00:20:57", "text": "still do. I don't know. Or maybe I'll"}, {"start": "00:20:54", "end": "00:21:00", "text": "release both. But"}, {"start": "00:20:57", "end": "00:21:03", "text": "I'm going to continue pushing forward, I"}, {"start": "00:21:00", "end": "00:21:03", "text": "guess."}, {"start": "00:21:18", "end": "00:21:23", "text": "Quinton, that would be a good that would"}, {"start": "00:21:20", "end": "00:21:27", "text": "be a good goal. Don't be stuck in your"}, {"start": "00:21:23", "end": "00:21:27", "text": "parents' basement forever."}, {"start": "00:21:27", "end": "00:21:33", "text": "And today is a good day. ETH is up"}, {"start": "00:21:30", "end": "00:21:38", "text": "almost 7% on soul"}, {"start": "00:21:33", "end": "00:21:38", "text": "doing good recovery up 4% today."}, {"start": "00:21:38", "end": "00:21:50", "text": "Overall, today is a pretty good day."}, {"start": "00:21:42", "end": "00:21:50", "text": "Uh HP up 11% and then Dell's up 8%. So"}, {"start": "00:21:50", "end": "00:21:56", "text": "look at that. Dell's almost all-time"}, {"start": "00:21:52", "end": "00:21:59", "text": "high. It's crazy. Infrastructure plays"}, {"start": "00:21:56", "end": "00:22:02", "text": "are doing really well. Um Micro Strategy"}, {"start": "00:21:59", "end": "00:22:06", "text": "doing well today. 4%."}, {"start": "00:22:02", "end": "00:22:06", "text": "What happened here?"}, {"start": "00:22:07", "end": "00:22:15", "text": "4% today."}, {"start": "00:22:10", "end": "00:22:15", "text": "Coinbase up 3% today."}, {"start": "00:22:16", "end": "00:22:21", "text": "Today is a good good crypto day."}, {"start": "00:22:21", "end": "00:22:27", "text": "Bitcoin still lagging a little bit, but"}, {"start": "00:22:24", "end": "00:22:29", "text": "I think we saw the liquidation levels. I"}, {"start": "00:22:27", "end": "00:22:33", "text": "think we'll be back to 80 today. You can"}, {"start": "00:22:29", "end": "00:22:35", "text": "see all these levels right here. 80 80"}, {"start": "00:22:33", "end": "00:22:37", "text": "to 81. I think we'll go crush through"}, {"start": "00:22:35", "end": "00:22:39", "text": "them today. Looks like it could"}, {"start": "00:22:37", "end": "00:22:43", "text": "definitely happen. The bears may be"}, {"start": "00:22:39", "end": "00:22:43", "text": "trying to put a stand"}, {"start": "00:22:43", "end": "00:22:47", "text": "or trying to make a stand at this point,"}, {"start": "00:22:45", "end": "00:22:49", "text": "but"}, {"start": "00:22:47", "end": "00:22:53", "text": "when momentum comes, you can't you can't"}, {"start": "00:22:49", "end": "00:22:53", "text": "really do anything about it."}, {"start": "00:23:10", "end": "00:23:15", "text": "You think clear the act vote will make"}, {"start": "00:23:12", "end": "00:23:18", "text": "market move? Yeah, especially if it"}, {"start": "00:23:15", "end": "00:23:19", "text": "passes. If it doesn't pass, I don't"}, {"start": "00:23:18", "end": "00:23:21", "text": "think anything's going to happen. It's"}, {"start": "00:23:19", "end": "00:23:25", "text": "been delayed too much too many times."}, {"start": "00:23:21", "end": "00:23:27", "text": "People are used to it. So, if it doesn't"}, {"start": "00:23:25", "end": "00:23:29", "text": "get approved this month or gets delayed"}, {"start": "00:23:27", "end": "00:23:31", "text": "or whatever, it is what it is. But the"}, {"start": "00:23:29", "end": "00:23:34", "text": "regulations are still very favorable"}, {"start": "00:23:31", "end": "00:23:38", "text": "anyways. So it doesn't really doesn't"}, {"start": "00:23:34", "end": "00:23:41", "text": "really matter at this point."}, {"start": "00:23:38", "end": "00:23:45", "text": "But if it does pass, it would be it'd be"}, {"start": "00:23:41", "end": "00:23:45", "text": "a huge catalyst."}, {"start": "00:23:59", "end": "00:24:01", "text": ">> [snorts]"}, {"start": "00:24:10", "end": "00:24:15", "text": ">> I need to get more sleep. I I work"}, {"start": "00:24:15", "end": "00:24:21", "text": "[sighs] I work way too much"}, {"start": "00:24:18", "end": "00:24:23", "text": "now that I just keep developing more and"}, {"start": "00:24:21", "end": "00:24:26", "text": "more stuff. These two games I'm working"}, {"start": "00:24:23", "end": "00:24:29", "text": "at, you guys will love."}, {"start": "00:24:26", "end": "00:24:33", "text": "You got a lot of people love Clash Cart"}, {"start": "00:24:29", "end": "00:24:35", "text": "already and Nu Krypto. Fun games to pick"}, {"start": "00:24:33", "end": "00:24:39", "text": "up whenever. Front Line takes a more"}, {"start": "00:24:35", "end": "00:24:42", "text": "time, but it's a damn good FPS"}, {"start": "00:24:39", "end": "00:24:44", "text": "and uh multiplayer builtin"}, {"start": "00:24:42", "end": "00:24:47", "text": "and all other games too. Crypto bankers"}, {"start": "00:24:44", "end": "00:24:49", "text": "and Crypto Crush and stuff. Cryptot"}, {"start": "00:24:47", "end": "00:24:51", "text": "Trail. Fun little games to play when"}, {"start": "00:24:49", "end": "00:24:54", "text": "you're bored."}, {"start": "00:24:51", "end": "00:24:54", "text": "But these other two games,"}, {"start": "00:24:55", "end": "00:24:59", "text": "one is one is like a persistent world,"}, {"start": "00:24:57", "end": "00:25:02", "text": "so it's you could just stay in there"}, {"start": "00:24:59", "end": "00:25:04", "text": "forever. Um,"}, {"start": "00:25:02", "end": "00:25:08", "text": "and then another one is for basketball"}, {"start": "00:25:04", "end": "00:25:08", "text": "fans that"}, {"start": "00:25:08", "end": "00:25:13", "text": "that's awesome. I'll just put it that"}, {"start": "00:25:10", "end": "00:25:13", "text": "way."}, {"start": "00:25:14", "end": "00:25:18", "text": "And you can earn P Clash by playing"}, {"start": "00:25:15", "end": "00:25:20", "text": "these games. And then you could use"}, {"start": "00:25:18", "end": "00:25:23", "text": "those P Clash"}, {"start": "00:25:20", "end": "00:25:26", "text": "on clash picks. So that's another"}, {"start": "00:25:23", "end": "00:25:28", "text": "benefit and plus you earn points for the"}, {"start": "00:25:26", "end": "00:25:31", "text": "leaderboard overall leaderboard and"}, {"start": "00:25:28", "end": "00:25:34", "text": "that's important for the future"}, {"start": "00:25:31", "end": "00:25:34", "text": "hint."}, {"start": "00:25:54", "end": "00:26:01", "text": "And those of you guys that are sports"}, {"start": "00:25:57", "end": "00:26:03", "text": "fans, got a lot of games coming up and"}, {"start": "00:26:01", "end": "00:26:05", "text": "crypto,"}, {"start": "00:26:03", "end": "00:26:09", "text": "right? You got college games, you got"}, {"start": "00:26:05", "end": "00:26:11", "text": "NFL, you got baseball. I'm looking"}, {"start": "00:26:09", "end": "00:26:12", "text": "forward forward to the basketball"}, {"start": "00:26:11", "end": "00:26:14", "text": "season."}, {"start": "00:26:12", "end": "00:26:17", "text": "But now I can make predictions for free"}, {"start": "00:26:14", "end": "00:26:20", "text": "and claim Pclash."}, {"start": "00:26:17", "end": "00:26:23", "text": "anyone could do it."}, {"start": "00:26:20", "end": "00:26:26", "text": "Doesn't cost you anything. And if you"}, {"start": "00:26:23", "end": "00:26:28", "text": "have like an NFT or"}, {"start": "00:26:26", "end": "00:26:30", "text": "uh you have followers"}, {"start": "00:26:28", "end": "00:26:34", "text": "or you refer people to the platform, you"}, {"start": "00:26:30", "end": "00:26:37", "text": "get more PClash and then like I said,"}, {"start": "00:26:34", "end": "00:26:41", "text": "you could get PClash from"}, {"start": "00:26:37", "end": "00:26:42", "text": "um from playing games too, right? Make"}, {"start": "00:26:41", "end": "00:26:45", "text": "predictions. But of course, if you guys"}, {"start": "00:26:42", "end": "00:26:49", "text": "want the real thing, you could use USDC"}, {"start": "00:26:45", "end": "00:26:51", "text": "soul clash to make predictions as well."}, {"start": "00:26:49", "end": "00:26:57", "text": "It's all on here on Clash Pix. I've been"}, {"start": "00:26:51", "end": "00:27:00", "text": "making a lot of changes to Clash Pix. Um"}, {"start": "00:26:57", "end": "00:27:02", "text": "I kind of ignored it for too long, but"}, {"start": "00:27:00", "end": "00:27:06", "text": "made a lot of big changes. Smart money"}, {"start": "00:27:02", "end": "00:27:08", "text": "and the AI predictions are really good."}, {"start": "00:27:06", "end": "00:27:11", "text": "And then um I'm going to introduce"}, {"start": "00:27:08", "end": "00:27:16", "text": "something Clash Credit soon."}, {"start": "00:27:11", "end": "00:27:16", "text": "Uh, it's already done, but"}, {"start": "00:27:16", "end": "00:27:22", "text": "I I just been holding off on releasing"}, {"start": "00:27:19", "end": "00:27:22", "text": "it."}, {"start": "00:27:26", "end": "00:27:30", "text": "Yeah. So, Clash Credit, just to explain"}, {"start": "00:27:28", "end": "00:27:33", "text": "to you guys what it is, it's like with"}, {"start": "00:27:30", "end": "00:27:36", "text": "our subscriptions right now, you get"}, {"start": "00:27:33", "end": "00:27:39", "text": "benefits like smart money or um AI"}, {"start": "00:27:36", "end": "00:27:42", "text": "predictions here, which looks beautiful"}, {"start": "00:27:39", "end": "00:27:45", "text": "by the way, but"}, {"start": "00:27:42", "end": "00:27:48", "text": "um you need a plan, right? So, with the"}, {"start": "00:27:45", "end": "00:27:51", "text": "plans, oh, what happened to the plans?"}, {"start": "00:27:48", "end": "00:27:51", "text": "Uh"}, {"start": "00:27:52", "end": "00:27:57", "text": "I set up my profile. So, with these"}, {"start": "00:27:54", "end": "00:27:59", "text": "plans, right, you get other benefits"}, {"start": "00:27:57", "end": "00:28:01", "text": "with the games, with ass clash, you with"}, {"start": "00:27:59", "end": "00:28:05", "text": "a lot of stuff, but I'm thinking about"}, {"start": "00:28:01", "end": "00:28:07", "text": "with the pro plan. Um, so basically, you"}, {"start": "00:28:05", "end": "00:28:10", "text": "would get like a certain amount of clash"}, {"start": "00:28:07", "end": "00:28:12", "text": "credit with the pro plan. It could be"}, {"start": "00:28:10", "end": "00:28:15", "text": "similar. It would be almost the same as"}, {"start": "00:28:12", "end": "00:28:17", "text": "the subscription cost. And then you"}, {"start": "00:28:15", "end": "00:28:20", "text": "could use that Clash credit to make"}, {"start": "00:28:17", "end": "00:28:22", "text": "predictions with on Clash Pix. you can't"}, {"start": "00:28:20", "end": "00:28:25", "text": "withdraw it, but any winnings that you"}, {"start": "00:28:22", "end": "00:28:27", "text": "have is yours to take. So, if you're a"}, {"start": "00:28:25", "end": "00:28:30", "text": "big fan of Clash Pix and you're making"}, {"start": "00:28:27", "end": "00:28:31", "text": "predictions all the time, there's no"}, {"start": "00:28:30", "end": "00:28:35", "text": "reason why you would not want to take"}, {"start": "00:28:31", "end": "00:28:38", "text": "advantage of it. So, it's a new new"}, {"start": "00:28:35", "end": "00:28:40", "text": "credit system basically. Um, and I do"}, {"start": "00:28:38", "end": "00:28:41", "text": "think people that are making a lot of"}, {"start": "00:28:40", "end": "00:28:44", "text": "predictions, it just makes a lot of"}, {"start": "00:28:41", "end": "00:28:46", "text": "sense for them."}, {"start": "00:28:44", "end": "00:28:50", "text": "So, that that is also something up"}, {"start": "00:28:46", "end": "00:28:50", "text": "that's coming up."}, {"start": "00:29:06", "end": "00:29:13", "text": "Look at that. Today is just a breakout"}, {"start": "00:29:09", "end": "00:29:15", "text": "day. Kind of like what my title"}, {"start": "00:29:13", "end": "00:29:17", "text": "predicted."}, {"start": "00:29:15", "end": "00:29:24", "text": "Almost back to 80."}, {"start": "00:29:17", "end": "00:29:24", "text": "ETH is up 8%. Soul's up 5%."}, {"start": "00:29:24", "end": "00:29:32", "text": "You know, at this point, just can't"}, {"start": "00:29:27", "end": "00:29:35", "text": "hold. Can't hold crypto down."}, {"start": "00:29:32", "end": "00:29:38", "text": "It wants to go higher. It wants to go"}, {"start": "00:29:35", "end": "00:29:42", "text": "green. There's not much you could do to"}, {"start": "00:29:38", "end": "00:29:42", "text": "bring it back down at this point."}, {"start": "00:29:49", "end": "00:29:54", "text": "Can I connect my Coinbase wallet holding"}, {"start": "00:29:51", "end": "00:29:58", "text": "Clash for multiplier? Uh,"}, {"start": "00:29:54", "end": "00:30:02", "text": "it should work. There's wallet connect,"}, {"start": "00:29:58", "end": "00:30:02", "text": "but I got to double check."}, {"start": "00:30:03", "end": "00:30:07", "text": "Most people use Phantom for soul. That's"}, {"start": "00:30:05", "end": "00:30:12", "text": "why. But I I could get I could get"}, {"start": "00:30:07", "end": "00:30:14", "text": "Coinbase wallet added. But on your app"}, {"start": "00:30:12", "end": "00:30:17", "text": "uh not app on your mobile it should ask"}, {"start": "00:30:14", "end": "00:30:19", "text": "for wallet connect which should work."}, {"start": "00:30:17", "end": "00:30:22", "text": "But"}, {"start": "00:30:19", "end": "00:30:25", "text": "I'll I'll make it one of my priorities."}, {"start": "00:30:22", "end": "00:30:25", "text": "I'll get that going."}, {"start": "00:30:50", "end": "00:30:53", "text": "Hunter says he's coming out with"}, {"start": "00:30:51", "end": "00:30:57", "text": "embedded prediction market inside his"}, {"start": "00:30:53", "end": "00:31:01", "text": "token. I think uh you know launching a"}, {"start": "00:30:57", "end": "00:31:04", "text": "token and keeping it high, okay, is very"}, {"start": "00:31:01", "end": "00:31:08", "text": "difficult. He already lost all momentum."}, {"start": "00:31:04", "end": "00:31:12", "text": "He lost all trust. like it fell 99.9% in"}, {"start": "00:31:08", "end": "00:31:15", "text": "the first day. So for him to try to like"}, {"start": "00:31:12", "end": "00:31:18", "text": "build around it now and try to pump it,"}, {"start": "00:31:15", "end": "00:31:21", "text": "it's very hard. Very hard."}, {"start": "00:31:18", "end": "00:31:23", "text": "So"}, {"start": "00:31:21", "end": "00:31:27", "text": "it's much better."}, {"start": "00:31:23", "end": "00:31:29", "text": "Just just stick with Clash."}, {"start": "00:31:27", "end": "00:31:32", "text": "[snorts] We have we have things that"}, {"start": "00:31:29", "end": "00:31:34", "text": "people use. There's hundreds of"}, {"start": "00:31:32", "end": "00:31:37", "text": "thousands of people that are using Ask"}, {"start": "00:31:34", "end": "00:31:41", "text": "Clash and Clash Picks every day. The"}, {"start": "00:31:37", "end": "00:31:44", "text": "games are also building a momentum"}, {"start": "00:31:41", "end": "00:31:48", "text": "and you know it's a true project led by"}, {"start": "00:31:44", "end": "00:31:51", "text": "me. It's been out for almost a year now."}, {"start": "00:31:48", "end": "00:31:54", "text": "So"}, {"start": "00:31:51", "end": "00:31:56", "text": "this is how you this is how you build"}, {"start": "00:31:54", "end": "00:31:59", "text": "and we have one of the greatest"}, {"start": "00:31:56", "end": "00:31:59", "text": "communities out there."}, {"start": "00:32:15", "end": "00:32:20", "text": "Man, I don't know what's up with ETH,"}, {"start": "00:32:16", "end": "00:32:22", "text": "but ETH has broken out from its recent"}, {"start": "00:32:20", "end": "00:32:26", "text": "like sideways movement, which was very"}, {"start": "00:32:22", "end": "00:32:30", "text": "very positive. Very positive. So, next"}, {"start": "00:32:26", "end": "00:32:32", "text": "few key resistance"}, {"start": "00:32:30", "end": "00:32:38", "text": "to break"}, {"start": "00:32:32", "end": "00:32:40", "text": "would be uh 20 263 and 277."}, {"start": "00:32:38", "end": "00:32:42", "text": "That was from a while ago, man. You got"}, {"start": "00:32:40", "end": "00:32:46", "text": "to you got to really zoom out to see 27."}, {"start": "00:32:42", "end": "00:32:46", "text": "I mean, that all the way back here."}, {"start": "00:32:49", "end": "00:32:54", "text": "That was back"}, {"start": "00:32:51", "end": "00:32:56", "text": "in January. We ETH hasn't been this high"}, {"start": "00:32:54", "end": "00:32:59", "text": "since January."}, {"start": "00:32:56", "end": "00:33:02", "text": "This is a eightmonth high for ETH. And"}, {"start": "00:32:59", "end": "00:33:06", "text": "if it keeps going, man, it's 3,000 plus"}, {"start": "00:33:02", "end": "00:33:06", "text": "in no time."}, {"start": "00:33:06", "end": "00:33:13", "text": "So you got 277 272"}, {"start": "00:33:10", "end": "00:33:13", "text": "282."}, {"start": "00:33:15", "end": "00:33:22", "text": "Really, really good for ETH. Tom Lee"}, {"start": "00:33:18", "end": "00:33:25", "text": "must be happy, but he's still in red."}, {"start": "00:33:22", "end": "00:33:25", "text": "Um"}, {"start": "00:33:26", "end": "00:33:31", "text": "soul has not have seen the same kind of"}, {"start": "00:33:28", "end": "00:33:36", "text": "breakout but the next resistance"}, {"start": "00:33:31", "end": "00:33:41", "text": "is uh 106 110 114 and then after that"}, {"start": "00:33:36", "end": "00:33:45", "text": "you get to 120s 140s 150s"}, {"start": "00:33:41", "end": "00:33:45", "text": "that' be that'd be"}, {"start": "00:34:00", "end": "00:34:10", "text": "Micro Strategy or Strategy up almost 7%"}, {"start": "00:34:04", "end": "00:34:10", "text": "today. Coinbase up 5%."}, {"start": "00:34:10", "end": "00:34:14", "text": "They're still very decimated."}, {"start": "00:34:12", "end": "00:34:17", "text": "I think Coinbase is definitely going to"}, {"start": "00:34:14", "end": "00:34:23", "text": "turn around when crypto turns around."}, {"start": "00:34:17", "end": "00:34:23", "text": "They were at 440 before. So,"}, {"start": "00:34:23", "end": "00:34:28", "text": "very very very"}, {"start": "00:34:25", "end": "00:34:30", "text": "low right now. Robin Hood"}, {"start": "00:34:28", "end": "00:34:32", "text": "115."}, {"start": "00:34:30", "end": "00:34:35", "text": "Can they get back to 150s? Yeah, I think"}, {"start": "00:34:32", "end": "00:34:37", "text": "so. Robin Hood is on a roll, especially"}, {"start": "00:34:35", "end": "00:34:39", "text": "with their new chain getting a lot of"}, {"start": "00:34:37", "end": "00:34:43", "text": "momentum already. That's going to help"}, {"start": "00:34:39", "end": "00:34:43", "text": "drive them forward."}, {"start": "00:35:12", "end": "00:35:16", "text": "8% for ETH."}, {"start": "00:35:15", "end": "00:35:18", "text": "[snorts] Is Tommyly making a fortune"}, {"start": "00:35:16", "end": "00:35:20", "text": "every day with staking? He is. I think"}, {"start": "00:35:18", "end": "00:35:22", "text": "he"}, {"start": "00:35:20", "end": "00:35:25", "text": "he staked almost everything I believe. I"}, {"start": "00:35:22", "end": "00:35:27", "text": "think it's like 5% of ETH. 5% of rewards"}, {"start": "00:35:25", "end": "00:35:29", "text": "go to him, which is good because he's"}, {"start": "00:35:27", "end": "00:35:32", "text": "not selling that. So, it's actually"}, {"start": "00:35:29", "end": "00:35:33", "text": "taking away from the market, which is"}, {"start": "00:35:32", "end": "00:35:37", "text": "also good. But like right now, I think"}, {"start": "00:35:33", "end": "00:35:37", "text": "he's still under"}, {"start": "00:35:40", "end": "00:35:48", "text": "uh Sailor's up 3.41 billion. If you go"}, {"start": "00:35:44", "end": "00:35:51", "text": "to Yeah, he is still under minus 5 a"}, {"start": "00:35:48", "end": "00:35:51", "text": "half billion, but"}, {"start": "00:35:51", "end": "00:35:55", "text": "who knows?"}, {"start": "00:35:56", "end": "00:36:01", "text": "It looks like sometimes he sells too. I"}, {"start": "00:35:58", "end": "00:36:03", "text": "don't know why. Like last week he sold"}, {"start": "00:36:01", "end": "00:36:06", "text": "900 ETH. What's the point of selling 900"}, {"start": "00:36:03", "end": "00:36:10", "text": "ETH when he buys like 50,000 at a time"}, {"start": "00:36:06", "end": "00:36:11", "text": "or 28,000? He bought 28,000 two days"}, {"start": "00:36:10", "end": "00:36:15", "text": "ago. So I I don't even know why he sold"}, {"start": "00:36:11", "end": "00:36:17", "text": "900. Maybe just to prove a point to the"}, {"start": "00:36:15", "end": "00:36:19", "text": "market,"}, {"start": "00:36:17", "end": "00:36:22", "text": "but he's still down five and a half"}, {"start": "00:36:19", "end": "00:36:24", "text": "billion. So he he he bought a lot of ETH"}, {"start": "00:36:22", "end": "00:36:27", "text": "when it was above"}, {"start": "00:36:24", "end": "00:36:27", "text": "3,000."}, {"start": "00:37:16", "end": "00:37:21", "text": "Well, [sighs] I think that's pretty much"}, {"start": "00:37:18", "end": "00:37:24", "text": "it overall today. Man, today I just"}, {"start": "00:37:21", "end": "00:37:26", "text": "noticed XRP is not moving at all. A lot"}, {"start": "00:37:24", "end": "00:37:28", "text": "of you guys are talking about XRP. Well,"}, {"start": "00:37:26", "end": "00:37:32", "text": "I mean, it is moving. I take that back."}, {"start": "00:37:28", "end": "00:37:37", "text": "It's up 3%. Just lagging a little bit."}, {"start": "00:37:32", "end": "00:37:40", "text": "Long ways to go to get back to 365,"}, {"start": "00:37:37", "end": "00:37:43", "text": "but it's not too late. Not too late."}, {"start": "00:37:40", "end": "00:37:43", "text": "Someone like Suie."}, {"start": "00:37:44", "end": "00:37:48", "text": "Suie's chart not loading for some"}, {"start": "00:37:46", "end": "00:37:50", "text": "reason. There we go. Sie is not moving"}, {"start": "00:37:48", "end": "00:37:53", "text": "at all. Suie just lost like all"}, {"start": "00:37:50", "end": "00:37:56", "text": "momentum. Like it's not even really"}, {"start": "00:37:53", "end": "00:37:58", "text": "moving at this point. I wish they would"}, {"start": "00:37:56", "end": "00:38:02", "text": "come back, but seems like they lost a"}, {"start": "00:37:58", "end": "00:38:04", "text": "lot of momentum."}, {"start": "00:38:02", "end": "00:38:08", "text": "Soul"}, {"start": "00:38:04", "end": "00:38:08", "text": "making a little move today."}, {"start": "00:38:09", "end": "00:38:13", "text": "One day at a time though."}, {"start": "00:38:24", "end": "00:38:31", "text": "This is still troubling for next week."}, {"start": "00:38:28", "end": "00:38:32", "text": "If we get somehow a surprise,"}, {"start": "00:38:31", "end": "00:38:34", "text": "you know, I've been tracking these for a"}, {"start": "00:38:32", "end": "00:38:35", "text": "long time and it's usually the"}, {"start": "00:38:34", "end": "00:38:39", "text": "percentage never wrong, but if we"}, {"start": "00:38:35", "end": "00:38:42", "text": "somehow get a surprise hold"}, {"start": "00:38:39", "end": "00:38:44", "text": "like Waller and Worsh and everyone says,"}, {"start": "00:38:42", "end": "00:38:47", "text": "you know what, I don't care if a"}, {"start": "00:38:44", "end": "00:38:50", "text": "percentage say we should hike. We feel"}, {"start": "00:38:47", "end": "00:38:52", "text": "like this is a good time to hold. And"}, {"start": "00:38:50", "end": "00:38:56", "text": "somehow that happens, like the markets"}, {"start": "00:38:52", "end": "00:38:58", "text": "go break out like crazy."}, {"start": "00:38:56", "end": "00:39:01", "text": "We haven't seen"}, {"start": "00:38:58", "end": "00:39:03", "text": "we haven't seen the the FOMC meetings"}, {"start": "00:39:01", "end": "00:39:08", "text": "like"}, {"start": "00:39:03", "end": "00:39:09", "text": "break out to like a or or go a path"}, {"start": "00:39:08", "end": "00:39:12", "text": "where it's"}, {"start": "00:39:09", "end": "00:39:16", "text": "usually less than 50% I guess. So in"}, {"start": "00:39:12", "end": "00:39:16", "text": "this case it would be hold"}, {"start": "00:39:31", "end": "00:39:36", "text": "Isn't buying pump kind of smart if you"}, {"start": "00:39:33", "end": "00:39:38", "text": "think souls will go up? Not really."}, {"start": "00:39:36", "end": "00:39:41", "text": "There's no direct correlation. A lot of"}, {"start": "00:39:38", "end": "00:39:41", "text": "times they're indirect correlation."}, {"start": "00:40:01", "end": "00:40:05", "text": "Which coin will AI be using for"}, {"start": "00:40:03", "end": "00:40:08", "text": "transactions?"}, {"start": "00:40:05", "end": "00:40:12", "text": "I mean a lot. All of them really any"}, {"start": "00:40:08", "end": "00:40:14", "text": "chains can be used for AI transactions."}, {"start": "00:40:12", "end": "00:40:15", "text": "Um"}, {"start": "00:40:14", "end": "00:40:17", "text": "just not a whole lot of project that"}, {"start": "00:40:15", "end": "00:40:20", "text": "people pay attention to. There are a few"}, {"start": "00:40:17", "end": "00:40:22", "text": "infrastructure projects that are like"}, {"start": "00:40:20", "end": "00:40:24", "text": "rent renting out GPUs and stuff, which"}, {"start": "00:40:22", "end": "00:40:25", "text": "is great, but"}, {"start": "00:40:24", "end": "00:40:29", "text": "not a whole lot of people are paying"}, {"start": "00:40:25", "end": "00:40:29", "text": "attention to them."}, {"start": "00:40:31", "end": "00:40:34", "text": "And they're actually not cheaper, too."}, {"start": "00:40:32", "end": "00:40:38", "text": "That's the other thing, too, because I I"}, {"start": "00:40:34", "end": "00:40:39", "text": "I rented a host recently, GPU host, so I"}, {"start": "00:40:38", "end": "00:40:42", "text": "could like do some experiments and"}, {"start": "00:40:39", "end": "00:40:44", "text": "stuff, but I was looking at like the"}, {"start": "00:40:42", "end": "00:40:46", "text": "traditional ones versus the crypto ones."}, {"start": "00:40:44", "end": "00:40:49", "text": "The crypto ones are actually still more"}, {"start": "00:40:46", "end": "00:40:51", "text": "expensive, which makes no sense."}, {"start": "00:40:49", "end": "00:40:53", "text": "But"}, {"start": "00:40:51", "end": "00:40:55", "text": "yeah, I think more people will figure it"}, {"start": "00:40:53", "end": "00:40:57", "text": "out."}, {"start": "00:40:55", "end": "00:40:59", "text": "Another thing, I know some of you guys"}, {"start": "00:40:57", "end": "00:41:03", "text": "are builders. Another thing I wanted to"}, {"start": "00:40:59", "end": "00:41:05", "text": "do with ask is come out and and make it"}, {"start": "00:41:03", "end": "00:41:07", "text": "so that it could offer inference which"}, {"start": "00:41:05", "end": "00:41:10", "text": "means that we could have API that you"}, {"start": "00:41:07", "end": "00:41:12", "text": "could get like you could off you could"}, {"start": "00:41:10", "end": "00:41:16", "text": "use certain models for free if as long"}, {"start": "00:41:12", "end": "00:41:19", "text": "as you have subscription and uh and one"}, {"start": "00:41:16", "end": "00:41:21", "text": "of the benefits is to like offer like a"}, {"start": "00:41:19", "end": "00:41:23", "text": "uncensored one, right? Because all the"}, {"start": "00:41:21", "end": "00:41:25", "text": "all the ones that you use from the major"}, {"start": "00:41:23", "end": "00:41:28", "text": "sites are all censored. You can only"}, {"start": "00:41:25", "end": "00:41:30", "text": "have uncensored one if you self-host it."}, {"start": "00:41:28", "end": "00:41:31", "text": "And some of the smaller models can be"}, {"start": "00:41:30", "end": "00:41:33", "text": "self-hosted"}, {"start": "00:41:31", "end": "00:41:36", "text": "and be completely unfiltered and"}, {"start": "00:41:33", "end": "00:41:39", "text": "uncensored, which can be beneficial. And"}, {"start": "00:41:36", "end": "00:41:43", "text": "I might be I was thinking about offering"}, {"start": "00:41:39", "end": "00:41:45", "text": "that, but I don't know, could get could"}, {"start": "00:41:43", "end": "00:41:49", "text": "get costly. I don't know how many people"}, {"start": "00:41:45", "end": "00:41:49", "text": "will actually use it."}, {"start": "00:42:10", "end": "00:42:15", "text": "holding AMP long-term. I think you"}, {"start": "00:42:12", "end": "00:42:17", "text": "already know the answer to that. You're"}, {"start": "00:42:15", "end": "00:42:20", "text": "down 99.9% and you're hoping that it's"}, {"start": "00:42:17", "end": "00:42:22", "text": "going to come up. It's not. It's dead"}, {"start": "00:42:20", "end": "00:42:25", "text": "project. They already deviated away from"}, {"start": "00:42:22", "end": "00:42:28", "text": "the original mission, so it's not going"}, {"start": "00:42:25", "end": "00:42:28", "text": "to go anywhere."}, {"start": "00:42:30", "end": "00:42:36", "text": "one-year anniversary clash. Any plans?"}, {"start": "00:42:35", "end": "00:42:38", "text": "I don't know. Have you been paying"}, {"start": "00:42:36", "end": "00:42:41", "text": "attention to all the things I've been"}, {"start": "00:42:38", "end": "00:42:43", "text": "building"}, {"start": "00:42:41", "end": "00:42:46", "text": "or did you just come in here after a"}, {"start": "00:42:43", "end": "00:42:46", "text": "year?"}, {"start": "00:42:48", "end": "00:42:55", "text": "Every day I'm like introducing something"}, {"start": "00:42:50", "end": "00:42:55", "text": "new. What What are you expecting?"}, {"start": "00:42:59", "end": "00:43:03", "text": "What's the best place to get really"}, {"start": "00:43:01", "end": "00:43:04", "text": "smart AI agents? I'm making a medical"}, {"start": "00:43:03", "end": "00:43:06", "text": "app and I'm wondering what's the best"}, {"start": "00:43:04", "end": "00:43:08", "text": "place to get models and how to train"}, {"start": "00:43:06", "end": "00:43:10", "text": "models. How to train models? Just forget"}, {"start": "00:43:08", "end": "00:43:12", "text": "about it. You need to you need an"}, {"start": "00:43:10", "end": "00:43:14", "text": "enormous amount of"}, {"start": "00:43:12", "end": "00:43:18", "text": "GPU power. You could rent it, but it's"}, {"start": "00:43:14", "end": "00:43:20", "text": "going to get very expensive. It cost you"}, {"start": "00:43:18", "end": "00:43:23", "text": "hundreds of thousands of dollars to try"}, {"start": "00:43:20", "end": "00:43:26", "text": "to train, and it may not train a better"}, {"start": "00:43:23", "end": "00:43:26", "text": "model."}, {"start": "00:43:29", "end": "00:43:35", "text": "So I I would not I would not try to"}, {"start": "00:43:32", "end": "00:43:38", "text": "train just just use the models use the"}, {"start": "00:43:35", "end": "00:43:40", "text": "AI models that exist now to build off"}, {"start": "00:43:38", "end": "00:43:44", "text": "of. That's what I'm doing with Ask Clash"}, {"start": "00:43:40", "end": "00:43:47", "text": "and what most are doing. You can't"}, {"start": "00:43:44", "end": "00:43:49", "text": "compete with these frontier labs. They"}, {"start": "00:43:47", "end": "00:43:51", "text": "spend billions upon billions on"}, {"start": "00:43:49", "end": "00:43:54", "text": "infrastructure and training and they're"}, {"start": "00:43:51", "end": "00:43:56", "text": "go train a model way faster and quicker"}, {"start": "00:43:54", "end": "00:43:58", "text": "than you and every single day there's a"}, {"start": "00:43:56", "end": "00:44:02", "text": "new model coming out right like right"}, {"start": "00:43:58", "end": "00:44:04", "text": "now Fable 5.1 is the best. Um Astra is"}, {"start": "00:44:02", "end": "00:44:06", "text": "from GBT honestly I just don't think"}, {"start": "00:44:04", "end": "00:44:09", "text": "it's that good and benchmarks do not"}, {"start": "00:44:06", "end": "00:44:12", "text": "show it's that good. Uh it's just fast"}, {"start": "00:44:09", "end": "00:44:15", "text": "it's not that good. Um Fable 51 is by"}, {"start": "00:44:12", "end": "00:44:17", "text": "far the best. Opus 5 is still very good."}, {"start": "00:44:15", "end": "00:44:21", "text": "People hate it because sometimes it is"}, {"start": "00:44:17", "end": "00:44:23", "text": "stupid and makes stupid comments, but"}, {"start": "00:44:21", "end": "00:44:24", "text": "from a intelligence standpoint, it's"}, {"start": "00:44:23", "end": "00:44:28", "text": "still very good. Soul is still very"}, {"start": "00:44:24", "end": "00:44:30", "text": "good. Alibaba's Quinn 3.8 Max, which a"}, {"start": "00:44:28", "end": "00:44:32", "text": "lot of people have not tested, is very"}, {"start": "00:44:30", "end": "00:44:36", "text": "good. These are like the frontier ones."}, {"start": "00:44:32", "end": "00:44:39", "text": "Grock also still very good. 4.6. They're"}, {"start": "00:44:36", "end": "00:44:41", "text": "supposed to be releasing 4.7 soon."}, {"start": "00:44:39", "end": "00:44:44", "text": "Hopefully today"}, {"start": "00:44:41", "end": "00:44:47", "text": "Elon said 10 days and today's"}, {"start": "00:44:44", "end": "00:44:51", "text": "the 11th day since he said that. So Gro"}, {"start": "00:44:47", "end": "00:44:53", "text": "4.7 could be like top three if it comes"}, {"start": "00:44:51", "end": "00:44:56", "text": "out. If it could beat Opus 5 and be at"}, {"start": "00:44:53", "end": "00:44:57", "text": "number like three. That'd be awesome."}, {"start": "00:44:56", "end": "00:45:01", "text": "Grock 4.6 is actually a really good"}, {"start": "00:44:57", "end": "00:45:02", "text": "model. It's just it was really fast"}, {"start": "00:45:01", "end": "00:45:05", "text": "before and now it just turned really"}, {"start": "00:45:02", "end": "00:45:06", "text": "slow for some reason."}, {"start": "00:45:05", "end": "00:45:09", "text": "But yeah, there's a lot of models. So,"}, {"start": "00:45:06", "end": "00:45:12", "text": "if you're go build a medical app, just"}, {"start": "00:45:09", "end": "00:45:14", "text": "you pick any of these models and then"}, {"start": "00:45:12", "end": "00:45:15", "text": "build on top of it. Don't try to create"}, {"start": "00:45:14", "end": "00:45:18", "text": "your own. Don't try to create your own"}, {"start": "00:45:15", "end": "00:45:22", "text": "model. You're just going to waste a lot"}, {"start": "00:45:18", "end": "00:45:22", "text": "of time and money try and do that."}, {"start": "00:45:24", "end": "00:45:27", "text": "[snorts]"}, {"start": "00:45:25", "end": "00:45:30", "text": "Are we going to have another Vegas"}, {"start": "00:45:27", "end": "00:45:32", "text": "party? Sure."}, {"start": "00:45:30", "end": "00:45:35", "text": "You want to pay for it? If you want to"}, {"start": "00:45:32", "end": "00:45:38", "text": "if you want to find a venue and book it"}, {"start": "00:45:35", "end": "00:45:41", "text": "and pay for it, I'll show up and invite"}, {"start": "00:45:38", "end": "00:45:43", "text": "everyone else."}, {"start": "00:45:41", "end": "00:45:45", "text": "[snorts] Right now, I don't think it's"}, {"start": "00:45:43", "end": "00:45:49", "text": "time to be spending the treasure money"}, {"start": "00:45:45", "end": "00:45:49", "text": "for another gathering."}, {"start": "00:45:59", "end": "00:46:05", "text": "Gigastar. No. No one is asking about"}, {"start": "00:46:02", "end": "00:46:10", "text": "Gigastar, man. So if you want opinion"}, {"start": "00:46:05", "end": "00:46:10", "text": "about Gigastar, go ask Clash about it."}, {"start": "00:46:16", "end": "00:46:20", "text": "Why the volatility this morning? It's"}, {"start": "00:46:18", "end": "00:46:22", "text": "good. Why are you complaining about it?"}, {"start": "00:46:20", "end": "00:46:25", "text": "Because the CPI reading actually came"}, {"start": "00:46:22", "end": "00:46:26", "text": "out to be quite good. Better than"}, {"start": "00:46:25", "end": "00:46:29", "text": "expected. That's why the US market is"}, {"start": "00:46:26", "end": "00:46:32", "text": "pumping and why Bitcoin and crypto is"}, {"start": "00:46:29", "end": "00:46:32", "text": "pumping."}, {"start": "00:46:40", "end": "00:46:45", "text": "It's pretty good day all around."}, {"start": "00:46:43", "end": "00:46:47", "text": "You know, these days we've been like"}, {"start": "00:46:45", "end": "00:46:50", "text": "going up and down, up and down, like we"}, {"start": "00:46:47", "end": "00:46:52", "text": "haven't really made any movements to the"}, {"start": "00:46:50", "end": "00:46:54", "text": "upside. I think that's what comes soon."}, {"start": "00:46:52", "end": "00:46:58", "text": "I think ETH is proving that right now."}, {"start": "00:46:54", "end": "00:46:58", "text": "ETH has broken out."}, {"start": "00:46:59", "end": "00:47:06", "text": "Never. Yeah, there we go. ETH has broken"}, {"start": "00:47:02", "end": "00:47:09", "text": "out and now it's at a January"}, {"start": "00:47:06", "end": "00:47:10", "text": "at a January level. So, it's just a"}, {"start": "00:47:09", "end": "00:47:13", "text": "matter of time. Bitcoin is going to do"}, {"start": "00:47:10", "end": "00:47:16", "text": "the same thing. We break out from our 81"}, {"start": "00:47:13", "end": "00:47:20", "text": "82 and then we'll go ahead in the 90s."}, {"start": "00:47:16", "end": "00:47:20", "text": "It's just a matter of time."}, {"start": "00:47:24", "end": "00:47:27", "text": "All right, guys. I'm gonna let you guys"}, {"start": "00:47:25", "end": "00:47:32", "text": "go."}, {"start": "00:47:27", "end": "00:47:35", "text": "Overall, it's a good day all around."}, {"start": "00:47:32", "end": "00:47:35", "text": "So,"}, {"start": "00:47:35", "end": "00:47:41", "text": "nothing to complain about."}, {"start": "00:47:38", "end": "00:47:44", "text": "Uh, hold and DCA. That's the best"}, {"start": "00:47:41", "end": "00:47:46", "text": "strategy. That's it. All right. Have a"}, {"start": "00:47:44", "end": "00:47:48", "text": "good one, guys. Have a good weekend."}, {"start": "00:47:46", "end": "00:47:52", "text": "Have a rest of uh a good rest of your"}, {"start": "00:47:48", "end": "00:47:55", "text": "day. Go check out"}, {"start": "00:47:52", "end": "00:47:58", "text": "Clash Project if you haven't. Sign up"}, {"start": "00:47:55", "end": "00:48:00", "text": "for the tournament tonight in Frontline."}, {"start": "00:47:58", "end": "00:48:02", "text": "Go check out the games on Clash Picks"}, {"start": "00:48:00", "end": "00:48:05", "text": "and utilize your PC Clash. And of"}, {"start": "00:48:02", "end": "00:48:09", "text": "course, check out Ask Clash for all of"}, {"start": "00:48:05", "end": "00:48:11", "text": "your investing needs if you haven't yet."}, {"start": "00:48:09", "end": "00:48:15", "text": "All right, smash the like, subscribe to"}, {"start": "00:48:11", "end": "00:48:15", "text": "the channel. Have a good one. Take care."}]

[{"start": "00:00:02", "end": "00:00:07", "text": "Welcome back to Cryptos are Us. I'm"}, {"start": "00:00:05", "end": "00:00:09", "text": "George."}, {"start": "00:00:07", "end": "00:00:12", "text": "We're all George. Welcome to another"}, {"start": "00:00:09", "end": "00:00:15", "text": "market open stream. Today,"}, {"start": "00:00:12", "end": "00:00:20", "text": "unfortunately, we have to talk about"}, {"start": "00:00:15", "end": "00:00:23", "text": "some red. Is the Bitcoin recovery halted"}, {"start": "00:00:20", "end": "00:00:26", "text": "by another macro trap? And what do I"}, {"start": "00:00:23", "end": "00:00:29", "text": "mean by that? Well, let's discuss. Let's"}, {"start": "00:00:26", "end": "00:00:32", "text": "discuss what may be holding us back and"}, {"start": "00:00:29", "end": "00:00:34", "text": "something very important came out today."}, {"start": "00:00:32", "end": "00:00:37", "text": "[snorts] So let's discuss."}, {"start": "00:00:34", "end": "00:00:40", "text": "All right, let's do it guys. Let's do"}, {"start": "00:00:37", "end": "00:00:44", "text": "it. Welcome, welcome, welcome."}, {"start": "00:00:40", "end": "00:00:46", "text": "Unfortunately, we are down slightly"}, {"start": "00:00:44", "end": "00:00:49", "text": "from yesterday. We're actually down"}, {"start": "00:00:46", "end": "00:00:51", "text": "about three and a half%."}, {"start": "00:00:49", "end": "00:00:55", "text": "So, it's more than slight. Some of the"}, {"start": "00:00:51", "end": "00:01:00", "text": "alts are draining out today. XRP is down"}, {"start": "00:00:55", "end": "00:01:03", "text": "about 5%. Same thing with Soul and ETH"}, {"start": "00:01:00", "end": "00:01:06", "text": "as well. So, we're coming down a little"}, {"start": "00:01:03", "end": "00:01:08", "text": "bit. However, [snorts] if you zoom out,"}, {"start": "00:01:06", "end": "00:01:11", "text": "you realize, well, yeah, we're still"}, {"start": "00:01:08", "end": "00:01:14", "text": "going sideways. Unfortunately, we just"}, {"start": "00:01:11", "end": "00:01:17", "text": "have come down to like the lower"}, {"start": "00:01:14", "end": "00:01:20", "text": "lower end of this sidewayness,"}, {"start": "00:01:17", "end": "00:01:23", "text": "right? But today overall isn't a great"}, {"start": "00:01:20", "end": "00:01:27", "text": "day. Not just for Bitcoin, but for"}, {"start": "00:01:23", "end": "00:01:30", "text": "stocks all around. Just not a not a good"}, {"start": "00:01:27", "end": "00:01:32", "text": "day. You could see"}, {"start": "00:01:30", "end": "00:01:35", "text": "red"}, {"start": "00:01:32", "end": "00:01:37", "text": "with NASDAQ, Dow, S&P, especially"}, {"start": "00:01:35", "end": "00:01:40", "text": "NASDAQ. There's a couple reasons for"}, {"start": "00:01:37", "end": "00:01:42", "text": "this. Okay,"}, {"start": "00:01:40", "end": "00:01:45", "text": "one is we did get inflation reading."}, {"start": "00:01:42", "end": "00:01:48", "text": "Wholesale prices"}, {"start": "00:01:45", "end": "00:01:50", "text": "rose point4% in August. And this is the"}, {"start": "00:01:48", "end": "00:01:53", "text": "smaller one. Tomorrow we get the big"}, {"start": "00:01:50", "end": "00:01:56", "text": "CPI. But if wholesale is already going"}, {"start": "00:01:53", "end": "00:01:59", "text": "up, then CPI is probably going to show"}, {"start": "00:01:56", "end": "00:02:00", "text": "things are going to go go up too. It's"}, {"start": "00:01:59", "end": "00:02:03", "text": "just that the only good thing, the"}, {"start": "00:02:00", "end": "00:02:07", "text": "saving grace for this is it's in line"}, {"start": "00:02:03", "end": "00:02:08", "text": "with expectation. It didn't go up faster"}, {"start": "00:02:07", "end": "00:02:11", "text": "than expectations, which would be"}, {"start": "00:02:08", "end": "00:02:14", "text": "horrible. But still, nevertheless,"}, {"start": "00:02:11", "end": "00:02:18", "text": "going up is no good. And a big reason"}, {"start": "00:02:14", "end": "00:02:23", "text": "for that is this. And you can see it on"}, {"start": "00:02:18", "end": "00:02:26", "text": "top. This war is still driving oil high"}, {"start": "00:02:23", "end": "00:02:30", "text": "and higher. It seems like every single"}, {"start": "00:02:26", "end": "00:02:34", "text": "week over 100 again. This is not helping"}, {"start": "00:02:30", "end": "00:02:37", "text": "things at all. So now all these, you"}, {"start": "00:02:34", "end": "00:02:39", "text": "know, economic data that covers"}, {"start": "00:02:37", "end": "00:02:44", "text": "inflation, they're all starting to tick"}, {"start": "00:02:39", "end": "00:02:44", "text": "up because oil's going up again."}, {"start": "00:02:44", "end": "00:02:51", "text": "So these are some of the macro pressures"}, {"start": "00:02:47", "end": "00:02:53", "text": "that we are facing right now and"}, {"start": "00:02:51", "end": "00:02:57", "text": "everyone's looking at this. This is"}, {"start": "00:02:53", "end": "00:03:00", "text": "coming up in one week,"}, {"start": "00:02:57", "end": "00:03:01", "text": "the next FOMC meeting."}, {"start": "00:03:00", "end": "00:03:04", "text": "What is going to happen right now?"}, {"start": "00:03:01", "end": "00:03:08", "text": "Unfortunately, it's not looking great."}, {"start": "00:03:04", "end": "00:03:10", "text": "There's a 64% chance of a hike, only 36%"}, {"start": "00:03:08", "end": "00:03:13", "text": "chance of a hold. Last week, we were"}, {"start": "00:03:10", "end": "00:03:15", "text": "still around 50/50 because we had Waller"}, {"start": "00:03:13", "end": "00:03:17", "text": "come out, Fed Governor Waller saying"}, {"start": "00:03:15", "end": "00:03:20", "text": "that, hey, you know, I'm okay with a"}, {"start": "00:03:17", "end": "00:03:25", "text": "hold this month, right? But then now all"}, {"start": "00:03:20", "end": "00:03:28", "text": "this new stuff, the new data is driving"}, {"start": "00:03:25", "end": "00:03:31", "text": "the percentages up"}, {"start": "00:03:28", "end": "00:03:34", "text": "for hikes. So, it's no good. No good all"}, {"start": "00:03:31", "end": "00:03:36", "text": "around. These are these are the macro"}, {"start": "00:03:34", "end": "00:03:38", "text": "pressures I'm talking about, right? But"}, {"start": "00:03:36", "end": "00:03:40", "text": "there's others, of course, there's even"}, {"start": "00:03:38", "end": "00:03:41", "text": "more pressure."}, {"start": "00:03:40", "end": "00:03:43", "text": "I don't know about this. This is not"}, {"start": "00:03:41", "end": "00:03:47", "text": "[clears throat] pressure, but"}, {"start": "00:03:43", "end": "00:03:50", "text": "uh this this was controversial and uh"}, {"start": "00:03:47", "end": "00:03:52", "text": "and announced yesterday, although no one"}, {"start": "00:03:50", "end": "00:03:54", "text": "thinks that this could happen. And even"}, {"start": "00:03:52", "end": "00:03:58", "text": "if it happens, I don't know if it's a"}, {"start": "00:03:54", "end": "00:04:00", "text": "good thing. So, Trump yesterday, I think"}, {"start": "00:03:58", "end": "00:04:02", "text": "it was yesterday, yesterday, day before."}, {"start": "00:04:00", "end": "00:04:04", "text": "I think it's yesterday because I saw a"}, {"start": "00:04:02", "end": "00:04:09", "text": "clip of this, too. Trump promised a"}, {"start": "00:04:04", "end": "00:04:12", "text": "$5,000 check for all if Republicans win"}, {"start": "00:04:09", "end": "00:04:15", "text": "both House and the Senate in the midterm"}, {"start": "00:04:12", "end": "00:04:15", "text": "elections."}, {"start": "00:04:16", "end": "00:04:22", "text": "I don't know. That kind of sounds like"}, {"start": "00:04:19", "end": "00:04:24", "text": "incentive, right? This almost sounds"}, {"start": "00:04:22", "end": "00:04:26", "text": "like"}, {"start": "00:04:24", "end": "00:04:29", "text": "it's kind of like a bribe to people to"}, {"start": "00:04:26", "end": "00:04:32", "text": "vote Republicans."}, {"start": "00:04:29", "end": "00:04:35", "text": "Um, here's the thing."}, {"start": "00:04:32", "end": "00:04:40", "text": "First of all, there's push back from"}, {"start": "00:04:35", "end": "00:04:43", "text": "both sides. Second of all, it's"}, {"start": "00:04:40", "end": "00:04:46", "text": "illegal according to our federal laws"}, {"start": "00:04:43", "end": "00:04:50", "text": "um to get people to vote, to pay people"}, {"start": "00:04:46", "end": "00:04:52", "text": "to vote. And third of all,"}, {"start": "00:04:50", "end": "00:04:55", "text": "even if this does gets pushed through"}, {"start": "00:04:52", "end": "00:04:59", "text": "and everyone gets sent a $5,000 check,"}, {"start": "00:04:55", "end": "00:05:01", "text": "it's could cost the US over a trillion"}, {"start": "00:04:59", "end": "00:05:05", "text": "dollar. You know, this is even more"}, {"start": "00:05:01", "end": "00:05:07", "text": "ridiculous than some of the other things"}, {"start": "00:05:05", "end": "00:05:10", "text": "that we have spent money on. Right? I"}, {"start": "00:05:07", "end": "00:05:12", "text": "just got done talking about inflation."}, {"start": "00:05:10", "end": "00:05:16", "text": "Why do we have inflation? Because we"}, {"start": "00:05:12", "end": "00:05:19", "text": "keep printing money that we don't have."}, {"start": "00:05:16", "end": "00:05:21", "text": "We're 42 trillion dollars in debt as a"}, {"start": "00:05:19", "end": "00:05:24", "text": "nation. Where's another trillion gonna"}, {"start": "00:05:21", "end": "00:05:24", "text": "come from?"}, {"start": "00:05:24", "end": "00:05:29", "text": "You can't just distribute another"}, {"start": "00:05:27", "end": "00:05:31", "text": "trillion without having some kind of"}, {"start": "00:05:29", "end": "00:05:33", "text": "effect. Now, most people won't"}, {"start": "00:05:31", "end": "00:05:35", "text": "understand that. Most people, if they do"}, {"start": "00:05:33", "end": "00:05:36", "text": "get a $5,000 check, they love it. It's"}, {"start": "00:05:35", "end": "00:05:39", "text": "like, \"Oh, it's free money.\" It's really"}, {"start": "00:05:36", "end": "00:05:42", "text": "not. It makes everything else become"}, {"start": "00:05:39", "end": "00:05:45", "text": "more expensive over time. We already pay"}, {"start": "00:05:42", "end": "00:05:48", "text": "over a trillion dollars in interest with"}, {"start": "00:05:45", "end": "00:05:50", "text": "our IUS aka bonds and this will add"}, {"start": "00:05:48", "end": "00:05:54", "text": "another trillion that we don't have that"}, {"start": "00:05:50", "end": "00:05:56", "text": "we're spending."}, {"start": "00:05:54", "end": "00:05:58", "text": "And but it already happened if the"}, {"start": "00:05:56", "end": "00:06:01", "text": "Republicans win both House and Senate"}, {"start": "00:05:58", "end": "00:06:03", "text": "then they were going to win anyways,"}, {"start": "00:06:01", "end": "00:06:05", "text": "right? Like it wasn't this is not going"}, {"start": "00:06:03", "end": "00:06:07", "text": "to really affect things."}, {"start": "00:06:05", "end": "00:06:12", "text": "So, I don't know, maybe just another way"}, {"start": "00:06:07", "end": "00:06:15", "text": "to to grab headlines or, you know, deter"}, {"start": "00:06:12", "end": "00:06:20", "text": "the press from covering about something"}, {"start": "00:06:15", "end": "00:06:22", "text": "else. Uh, what do you call it? Uh, just"}, {"start": "00:06:20", "end": "00:06:24", "text": "a distraction, you know, something"}, {"start": "00:06:22", "end": "00:06:26", "text": "something he knows that won't possibly"}, {"start": "00:06:24", "end": "00:06:30", "text": "go through, but it's good to say because"}, {"start": "00:06:26", "end": "00:06:33", "text": "it cause headlines. I have no idea. So,"}, {"start": "00:06:30", "end": "00:06:38", "text": "this is [sighs]"}, {"start": "00:06:33", "end": "00:06:39", "text": "something else to uh to think about."}, {"start": "00:06:38", "end": "00:06:41", "text": "It's not really a macro pressure or"}, {"start": "00:06:39", "end": "00:06:43", "text": "anything, but yeah, if it happens, it"}, {"start": "00:06:41", "end": "00:06:46", "text": "will because where we go get the"}, {"start": "00:06:43", "end": "00:06:46", "text": "trillion dollars from."}, {"start": "00:06:46", "end": "00:06:52", "text": "Uh, something else that's happening that"}, {"start": "00:06:49", "end": "00:06:57", "text": "has nothing to do with crypto, but"}, {"start": "00:06:52", "end": "00:06:59", "text": "equally as frightening, if not more so,"}, {"start": "00:06:57", "end": "00:07:00", "text": "uh, I caught this and now it's starting"}, {"start": "00:06:59", "end": "00:07:05", "text": "to make headlines. A couple days ago,"}, {"start": "00:07:00", "end": "00:07:09", "text": "you had one researcher from Anthropic"}, {"start": "00:07:05", "end": "00:07:12", "text": "that posted this. Jacob Coxin,"}, {"start": "00:07:09", "end": "00:07:13", "text": "I resigned from Anthropic today. I spent"}, {"start": "00:07:12", "end": "00:07:15", "text": "the last three years doing pre-training"}, {"start": "00:07:13", "end": "00:07:18", "text": "research at both OpenAI Anthropic."}, {"start": "00:07:15", "end": "00:07:20", "text": "Neither company is acting responsibly."}, {"start": "00:07:18", "end": "00:07:22", "text": "They are racing straight to"}, {"start": "00:07:20", "end": "00:07:24", "text": "self-improving self- intelligence and"}, {"start": "00:07:22", "end": "00:07:27", "text": "gambling with our lives. More thoughts"}, {"start": "00:07:24", "end": "00:07:30", "text": "below. and he writes this whole thread"}, {"start": "00:07:27", "end": "00:07:33", "text": "where he believes there's a 10% chance"}, {"start": "00:07:30", "end": "00:07:35", "text": "that all of AI will be wiped out."}, {"start": "00:07:33", "end": "00:07:38", "text": "Oh, all of human life, I'm sorry, will"}, {"start": "00:07:35", "end": "00:07:42", "text": "be wiped out by AI."}, {"start": "00:07:38", "end": "00:07:45", "text": "This this post got 148 million views."}, {"start": "00:07:42", "end": "00:07:50", "text": "This normally does not happen."}, {"start": "00:07:45", "end": "00:07:52", "text": "Okay. And after this, you have others."}, {"start": "00:07:50", "end": "00:07:54", "text": "This is from Julie Steel. I work at"}, {"start": "00:07:52", "end": "00:07:56", "text": "OpenAI in my personal capacity. I also"}, {"start": "00:07:54", "end": "00:07:59", "text": "think we need to slow down. Here's"}, {"start": "00:07:56", "end": "00:08:01", "text": "someone else from Google or used to be"}, {"start": "00:07:59", "end": "00:08:03", "text": "at Google now anthropic and he's like"}, {"start": "00:08:01", "end": "00:08:05", "text": "she's like this is a common sentiment"}, {"start": "00:08:03", "end": "00:08:07", "text": "among my peers. I'm writing this my"}, {"start": "00:08:05", "end": "00:08:09", "text": "personal capacity,"}, {"start": "00:08:07", "end": "00:08:11", "text": "right? There's not a viable scientific"}, {"start": "00:08:09", "end": "00:08:15", "text": "plan to solve risk from recursively"}, {"start": "00:08:11", "end": "00:08:20", "text": "self-improve AI. Please look it up. So,"}, {"start": "00:08:15", "end": "00:08:24", "text": "they're all fearful and coming out"}, {"start": "00:08:20", "end": "00:08:26", "text": "now that this guy wrote it. Now,"}, {"start": "00:08:24", "end": "00:08:28", "text": "a lot of people have questioned this guy"}, {"start": "00:08:26", "end": "00:08:30", "text": "because he's a mid-level guy, not a"}, {"start": "00:08:28", "end": "00:08:32", "text": "highle guy, and only worked at anthropic"}, {"start": "00:08:30", "end": "00:08:34", "text": "for like six weeks or something, but"}, {"start": "00:08:32", "end": "00:08:37", "text": "that doesn't mean that he hasn't been"}, {"start": "00:08:34", "end": "00:08:39", "text": "working AI for a long time. But it makes"}, {"start": "00:08:37", "end": "00:08:41", "text": "a whole lot of sense, and this is what"}, {"start": "00:08:39", "end": "00:08:46", "text": "I've been saying to you guys for a"}, {"start": "00:08:41", "end": "00:08:51", "text": "while. AI should not be ignored. You"}, {"start": "00:08:46", "end": "00:08:54", "text": "have a a window of 5 to 10 years before"}, {"start": "00:08:51", "end": "00:08:57", "text": "AI takes over every single desk job"}, {"start": "00:08:54", "end": "00:09:02", "text": "known to man. And you got to figure out"}, {"start": "00:08:57", "end": "00:09:05", "text": "how to one either use AI to improve"}, {"start": "00:09:02", "end": "00:09:08", "text": "yourself, to start a business, to"}, {"start": "00:09:05", "end": "00:09:11", "text": "further your skills, to become more"}, {"start": "00:09:08", "end": "00:09:14", "text": "valuable within your company."}, {"start": "00:09:11", "end": "00:09:19", "text": "and two, to build as much wealth as you"}, {"start": "00:09:14", "end": "00:09:21", "text": "can because if you do lose your job,"}, {"start": "00:09:19", "end": "00:09:24", "text": "most likely you're never going to get"}, {"start": "00:09:21", "end": "00:09:26", "text": "another one in your lifetime."}, {"start": "00:09:24", "end": "00:09:28", "text": "And what's worse is the newer"}, {"start": "00:09:26", "end": "00:09:33", "text": "generation, I wonder if they can even"}, {"start": "00:09:28", "end": "00:09:35", "text": "get a job at all coming out of college."}, {"start": "00:09:33", "end": "00:09:39", "text": "So"}, {"start": "00:09:35", "end": "00:09:43", "text": "those are like those are things I'm 100%"}, {"start": "00:09:39", "end": "00:09:46", "text": "certain will happen. Okay. But these"}, {"start": "00:09:43", "end": "00:09:49", "text": "guys are talking about we're creating"}, {"start": "00:09:46", "end": "00:09:53", "text": "Skynet. These companies are racing"}, {"start": "00:09:49", "end": "00:09:56", "text": "towards creating a sentient like being"}, {"start": "00:09:53", "end": "00:09:59", "text": "that can wipe out all of humanity. And"}, {"start": "00:09:56", "end": "00:10:02", "text": "this no joke because what they do is do"}, {"start": "00:09:59", "end": "00:10:03", "text": "these recursive improvement algorithms"}, {"start": "00:10:02", "end": "00:10:06", "text": "[clears throat] and you could do this to"}, {"start": "00:10:03", "end": "00:10:09", "text": "yourself with anything. You could just"}, {"start": "00:10:06", "end": "00:10:12", "text": "tell the AI to keep improving by"}, {"start": "00:10:09", "end": "00:10:14", "text": "recursively improving its own code or"}, {"start": "00:10:12", "end": "00:10:17", "text": "its knowledge or its work flow or"}, {"start": "00:10:14", "end": "00:10:20", "text": "whatever. And uh these guys have, you"}, {"start": "00:10:17", "end": "00:10:23", "text": "know, have the brains and they can"}, {"start": "00:10:20", "end": "00:10:26", "text": "launch a million agents to do so. And"}, {"start": "00:10:23", "end": "00:10:27", "text": "they get smarter and smarter over time."}, {"start": "00:10:26", "end": "00:10:30", "text": "And that's why you got newer newer"}, {"start": "00:10:27", "end": "00:10:33", "text": "models coming out at a much quicker rate"}, {"start": "00:10:30", "end": "00:10:35", "text": "because they have figured it out. Almost"}, {"start": "00:10:33", "end": "00:10:37", "text": "every single week you have a new model"}, {"start": "00:10:35", "end": "00:10:40", "text": "coming out that is significantly more"}, {"start": "00:10:37", "end": "00:10:44", "text": "smart than the previous model and"}, {"start": "00:10:40", "end": "00:10:48", "text": "they're leaprogging each other."}, {"start": "00:10:44", "end": "00:10:51", "text": "So nothing to do with crypto or macro"}, {"start": "00:10:48", "end": "00:10:53", "text": "but just food for thought because this"}, {"start": "00:10:51", "end": "00:10:55", "text": "is happening."}, {"start": "00:10:53", "end": "00:10:58", "text": "Uh a lot of people still think ah this"}, {"start": "00:10:55", "end": "00:10:59", "text": "is overblown. AI is just like another"}, {"start": "00:10:58", "end": "00:11:02", "text": "Google. It's not going to go anywhere."}, {"start": "00:10:59", "end": "00:11:04", "text": "It is not. Trust me, I've been using it"}, {"start": "00:11:02", "end": "00:11:08", "text": "for the last"}, {"start": "00:11:04", "end": "00:11:10", "text": "7 months now"}, {"start": "00:11:08", "end": "00:11:14", "text": "and more so recently"}, {"start": "00:11:10", "end": "00:11:17", "text": "every single day for over 12 hours a day"}, {"start": "00:11:14", "end": "00:11:20", "text": "improving upon Ask Clash, Clash Pics,"}, {"start": "00:11:17", "end": "00:11:24", "text": "Clash Project, uh the games that we"}, {"start": "00:11:20", "end": "00:11:28", "text": "have, and trust me when I say this, they"}, {"start": "00:11:24", "end": "00:11:31", "text": "are incredibly intelligent. They're way"}, {"start": "00:11:28", "end": "00:11:34", "text": "more capable than just searching on"}, {"start": "00:11:31", "end": "00:11:38", "text": "Google. And I have no doubt and I'm just"}, {"start": "00:11:34", "end": "00:11:41", "text": "a a army of one. These companies have"}, {"start": "00:11:38", "end": "00:11:44", "text": "armies of thousands and armies of"}, {"start": "00:11:41", "end": "00:11:47", "text": "millions of agents that's selfrecurring,"}, {"start": "00:11:44", "end": "00:11:50", "text": "selfimproving I should say."}, {"start": "00:11:47", "end": "00:11:53", "text": "So the the capacity at them doing work"}, {"start": "00:11:50", "end": "00:11:56", "text": "and improving is a millionfold more than"}, {"start": "00:11:53", "end": "00:11:58", "text": "than than I can ever imagine. So, they"}, {"start": "00:11:56", "end": "00:12:00", "text": "could take down nation states if they"}, {"start": "00:11:58", "end": "00:12:04", "text": "wanted to. It's funny because I I talk"}, {"start": "00:12:00", "end": "00:12:06", "text": "more about that in in uh in Q&A, but I"}, {"start": "00:12:04", "end": "00:12:09", "text": "saw a post yesterday where someone said"}, {"start": "00:12:06", "end": "00:12:11", "text": "if anthropic or open AI, if they wanted"}, {"start": "00:12:09", "end": "00:12:14", "text": "to take down a nation state like Iran,"}, {"start": "00:12:11", "end": "00:12:16", "text": "for example, they could easily do so."}, {"start": "00:12:14", "end": "00:12:19", "text": "They could easily do so. They just"}, {"start": "00:12:16", "end": "00:12:22", "text": "don't. They haven't yet. But if they"}, {"start": "00:12:19", "end": "00:12:24", "text": "deploy a million agents to try to hack"}, {"start": "00:12:22", "end": "00:12:28", "text": "their infrastructure and take down"}, {"start": "00:12:24", "end": "00:12:30", "text": "everything, they could easily do it."}, {"start": "00:12:28", "end": "00:12:32", "text": "Easily do it. Uh that's how scary it is"}, {"start": "00:12:30", "end": "00:12:36", "text": "if you think about it."}, {"start": "00:12:32", "end": "00:12:40", "text": "All right. Anyways, going back"}, {"start": "00:12:36", "end": "00:12:43", "text": "going back to crypto. Unfortunately, we"}, {"start": "00:12:40", "end": "00:12:46", "text": "had two straight days of outflow for"}, {"start": "00:12:43", "end": "00:12:49", "text": "Bitcoin. Still we're doing very well"}, {"start": "00:12:46", "end": "00:12:51", "text": "over last 90 days or last 30 days or"}, {"start": "00:12:49", "end": "00:12:55", "text": "last seven days but unfortunately we"}, {"start": "00:12:51", "end": "00:12:59", "text": "have a couple of outflow days minus 120"}, {"start": "00:12:55", "end": "00:13:02", "text": "yesterday ETH was not plus 35 soul is"}, {"start": "00:12:59", "end": "00:13:05", "text": "not plus 12 million XRP"}, {"start": "00:13:02", "end": "00:13:07", "text": "plus 11 million so you know what it was"}, {"start": "00:13:05", "end": "00:13:09", "text": "just Bitcoin"}, {"start": "00:13:07", "end": "00:13:12", "text": "everything else went up which is good"}, {"start": "00:13:09", "end": "00:13:14", "text": "small amounts right"}, {"start": "00:13:12", "end": "00:13:17", "text": "So"}, {"start": "00:13:14", "end": "00:13:18", "text": "still money coming back in right now a"}, {"start": "00:13:17", "end": "00:13:21", "text": "little bit more so with alts than"}, {"start": "00:13:18", "end": "00:13:25", "text": "Bitcoin. Uh Satoshi Nakamoto is now"}, {"start": "00:13:21", "end": "00:13:28", "text": "richer than Bill Gates"}, {"start": "00:13:25", "end": "00:13:31", "text": "if he is still alive or the group is"}, {"start": "00:13:28", "end": "00:13:34", "text": "still alive. Most people think no. You"}, {"start": "00:13:31", "end": "00:13:36", "text": "know Satoshi Nagamoto is a group of"}, {"start": "00:13:34", "end": "00:13:40", "text": "three and most of them and two of the"}, {"start": "00:13:36", "end": "00:13:42", "text": "three died. Um, so most likely they'll"}, {"start": "00:13:40", "end": "00:13:45", "text": "never go get that, but they're trying to"}, {"start": "00:13:42", "end": "00:13:47", "text": "lock it out to protect the Bitcoin"}, {"start": "00:13:45", "end": "00:13:50", "text": "network from being hacked by quantum"}, {"start": "00:13:47", "end": "00:13:53", "text": "computers. So that's"}, {"start": "00:13:50", "end": "00:13:56", "text": "something to think about, right?"}, {"start": "00:13:53", "end": "00:13:59", "text": "But this is what happens when you create"}, {"start": "00:13:56", "end": "00:14:03", "text": "something. You buy it or mine it and you"}, {"start": "00:13:59", "end": "00:14:05", "text": "hold it. You hold it for a long term."}, {"start": "00:14:03", "end": "00:14:10", "text": "This is the kind of generational wealth"}, {"start": "00:14:05", "end": "00:14:12", "text": "that you make even now at these levels."}, {"start": "00:14:10", "end": "00:14:16", "text": "You can still build generational wealth."}, {"start": "00:14:12", "end": "00:14:18", "text": "Uh Brian Armstrong of Coinbase thinks"}, {"start": "00:14:16", "end": "00:14:22", "text": "that we have hit bottom"}, {"start": "00:14:18", "end": "00:14:26", "text": "and we're recovering from bottom and"}, {"start": "00:14:22", "end": "00:14:28", "text": "then Bitcoin will hit 400,000 by 2030"}, {"start": "00:14:26", "end": "00:14:31", "text": "and it's a reasonable target and I think"}, {"start": "00:14:28", "end": "00:14:35", "text": "so. We could look at the charts too."}, {"start": "00:14:31", "end": "00:14:37", "text": "Our lows keep going up by 4x. Okay, so"}, {"start": "00:14:35", "end": "00:14:40", "text": "our low of this cycle is about 60,000,"}, {"start": "00:14:37", "end": "00:14:42", "text": "which is about 4x higher than 15,000,"}, {"start": "00:14:40", "end": "00:14:45", "text": "which is the low of last cycle, which is"}, {"start": "00:14:42", "end": "00:14:47", "text": "4x higher than roughly 3,000 from the"}, {"start": "00:14:45", "end": "00:14:49", "text": "cycle before."}, {"start": "00:14:47", "end": "00:14:52", "text": "So, if you're looking at just the lows"}, {"start": "00:14:49", "end": "00:14:57", "text": "and how we're going up by 4x, that means"}, {"start": "00:14:52", "end": "00:15:01", "text": "the low of the next crypto winter bottom"}, {"start": "00:14:57", "end": "00:15:03", "text": "is around $240 $250,000."}, {"start": "00:15:01", "end": "00:15:06", "text": "Let's just if we even conservative,"}, {"start": "00:15:03", "end": "00:15:10", "text": "let's just say we go down to 200."}, {"start": "00:15:06", "end": "00:15:13", "text": "$200,000 is the low of the next cycle."}, {"start": "00:15:10", "end": "00:15:16", "text": "Then what is the high, right? 300"}, {"start": "00:15:13", "end": "00:15:19", "text": "400,000"}, {"start": "00:15:16", "end": "00:15:22", "text": "very reasonable. So you could still"}, {"start": "00:15:19", "end": "00:15:24", "text": "build generational wealth just by"}, {"start": "00:15:22", "end": "00:15:28", "text": "holding Bitcoin. Not even the alts, just"}, {"start": "00:15:24", "end": "00:15:31", "text": "Bitcoin alone. Now the alts like ETH and"}, {"start": "00:15:28", "end": "00:15:33", "text": "Soul and XRP will probably go up even"}, {"start": "00:15:31", "end": "00:15:37", "text": "more than that."}, {"start": "00:15:33", "end": "00:15:40", "text": "But the greatest way to generate wealth"}, {"start": "00:15:37", "end": "00:15:43", "text": "is simply by buying and holding crypto."}, {"start": "00:15:40", "end": "00:15:47", "text": "Especially with this AI"}, {"start": "00:15:43", "end": "00:15:50", "text": "takeover that's happening, right? You"}, {"start": "00:15:47", "end": "00:15:54", "text": "got to figure out how to build and"}, {"start": "00:15:50", "end": "00:15:57", "text": "maximize wealth as much as you can"}, {"start": "00:15:54", "end": "00:15:59", "text": "within the next five to 10 years or"}, {"start": "00:15:57", "end": "00:16:02", "text": "you're going to be out of a job and"}, {"start": "00:15:59", "end": "00:16:05", "text": "you're going to be screwed."}, {"start": "00:16:02", "end": "00:16:07", "text": "There's no doubt about it. Every single"}, {"start": "00:16:05", "end": "00:16:11", "text": "desk job"}, {"start": "00:16:07", "end": "00:16:15", "text": "will be replaced. labor jobs little"}, {"start": "00:16:11", "end": "00:16:17", "text": "little bit longer, but who knows? Elon"}, {"start": "00:16:15", "end": "00:16:19", "text": "is building Optimus robots that's"}, {"start": "00:16:17", "end": "00:16:21", "text": "supposed to be mass- prodduced by the"}, {"start": "00:16:19", "end": "00:16:22", "text": "end of this year. I don't think it's"}, {"start": "00:16:21", "end": "00:16:25", "text": "going to be mass-produced by the end of"}, {"start": "00:16:22", "end": "00:16:29", "text": "this year. Probably next year. But hey,"}, {"start": "00:16:25", "end": "00:16:32", "text": "once once every company or household"}, {"start": "00:16:29", "end": "00:16:34", "text": "gets a Optimus robot and has AI as"}, {"start": "00:16:32", "end": "00:16:36", "text": "brains,"}, {"start": "00:16:34", "end": "00:16:40", "text": "right?"}, {"start": "00:16:36", "end": "00:16:44", "text": "Then even labor jobs are not safe."}, {"start": "00:16:40", "end": "00:16:45", "text": "Just think about that. Even going to"}, {"start": "00:16:44", "end": "00:16:48", "text": "start happening restaurant industry,"}, {"start": "00:16:45", "end": "00:16:49", "text": "right? But"}, {"start": "00:16:48", "end": "00:16:52", "text": "soon everywhere you go, it's just"}, {"start": "00:16:49", "end": "00:16:55", "text": "optimist robots everywhere."}, {"start": "00:16:52", "end": "00:16:58", "text": "It's wild to think about. Um, Bitcoin"}, {"start": "00:16:55", "end": "00:17:01", "text": "sell side"}, {"start": "00:16:58", "end": "00:17:03", "text": "low. Okay. Sellers fade. Yeah, because"}, {"start": "00:17:01", "end": "00:17:05", "text": "they all got liquidated. That's why,"}, {"start": "00:17:03", "end": "00:17:08", "text": "right? There's always people that are"}, {"start": "00:17:05", "end": "00:17:10", "text": "selling and there are people that still"}, {"start": "00:17:08", "end": "00:17:12", "text": "have their shorts open, but you know"}, {"start": "00:17:10", "end": "00:17:14", "text": "what?"}, {"start": "00:17:12", "end": "00:17:16", "text": "They're dissipating because I think most"}, {"start": "00:17:14", "end": "00:17:18", "text": "people realize the money is starting to"}, {"start": "00:17:16", "end": "00:17:23", "text": "flow back in. We're turning around."}, {"start": "00:17:18", "end": "00:17:25", "text": "We're liquidating all those shorts."}, {"start": "00:17:23", "end": "00:17:28", "text": "So, it makes a lot of sense. And a lot"}, {"start": "00:17:25", "end": "00:17:31", "text": "of you guys have been"}, {"start": "00:17:28", "end": "00:17:35", "text": "asking about the Clarity Act."}, {"start": "00:17:31", "end": "00:17:39", "text": "The clarity act is coming up. Even our"}, {"start": "00:17:35", "end": "00:17:43", "text": "secretary of bet says we need to pass"}, {"start": "00:17:39", "end": "00:17:47", "text": "it, right? And it does look like,"}, {"start": "00:17:43", "end": "00:17:49", "text": "you know, it does look like I mean there"}, {"start": "00:17:47", "end": "00:17:52", "text": "there there's competition. I mean there"}, {"start": "00:17:49", "end": "00:17:55", "text": "there's stiff like opposition but still"}, {"start": "00:17:52", "end": "00:17:58", "text": "seems like they have worked out whatever"}, {"start": "00:17:55", "end": "00:18:00", "text": "they were you know whatever they were"}, {"start": "00:17:58", "end": "00:18:02", "text": "arguing about with stable coins they"}, {"start": "00:18:00", "end": "00:18:05", "text": "came up with a compromise so there"}, {"start": "00:18:02", "end": "00:18:07", "text": "really should be no"}, {"start": "00:18:05", "end": "00:18:09", "text": "opposition"}, {"start": "00:18:07", "end": "00:18:11", "text": "right and we'll see maybe it's a"}, {"start": "00:18:09", "end": "00:18:14", "text": "political play because of midterms"}, {"start": "00:18:11", "end": "00:18:17", "text": "coming up but overall one way or another"}, {"start": "00:18:14", "end": "00:18:19", "text": "I think this is going to pass and even"}, {"start": "00:18:17", "end": "00:18:23", "text": "if it's delayed it's Okay, all of our"}, {"start": "00:18:19", "end": "00:18:25", "text": "agencies, our crypto regulating agencies"}, {"start": "00:18:23", "end": "00:18:28", "text": "are all pro crypto anyways, but getting"}, {"start": "00:18:25", "end": "00:18:32", "text": "something bigger like this would help"}, {"start": "00:18:28", "end": "00:18:37", "text": "drive things further and faster than"}, {"start": "00:18:32", "end": "00:18:37", "text": "without. So, we'll see."}, {"start": "00:18:38", "end": "00:18:45", "text": "Uh, all right, last few things. Here's"}, {"start": "00:18:41", "end": "00:18:47", "text": "one end of bare market. This is just a"}, {"start": "00:18:45", "end": "00:18:50", "text": "simple EMA"}, {"start": "00:18:47", "end": "00:18:52", "text": "line. And you can see when we dip below,"}, {"start": "00:18:50", "end": "00:18:54", "text": "yeah, it's bad. It's crypto winter. When"}, {"start": "00:18:52", "end": "00:18:57", "text": "we go above,"}, {"start": "00:18:54", "end": "00:19:02", "text": "that's when we recover"}, {"start": "00:18:57", "end": "00:19:05", "text": "and we make a new high. And like I said,"}, {"start": "00:19:02", "end": "00:19:07", "text": "every low that we've been making with"}, {"start": "00:19:05", "end": "00:19:12", "text": "these cycles have been four times higher"}, {"start": "00:19:07", "end": "00:19:14", "text": "than the prior cycle at least. So"}, {"start": "00:19:12", "end": "00:19:18", "text": "just think about what's the top going to"}, {"start": "00:19:14", "end": "00:19:22", "text": "be then, right?"}, {"start": "00:19:18", "end": "00:19:27", "text": "So yeah, here's another one too. Same"}, {"start": "00:19:22", "end": "00:19:31", "text": "thing. Basically another EMA,"}, {"start": "00:19:27", "end": "00:19:33", "text": "right? This one is two EMAs and they"}, {"start": "00:19:31", "end": "00:19:36", "text": "have crossed. And the last time this"}, {"start": "00:19:33", "end": "00:19:39", "text": "happened, guess when was the bottom of"}, {"start": "00:19:36", "end": "00:19:41", "text": "the last cycle when Bitcoin was 15,000."}, {"start": "00:19:39", "end": "00:19:44", "text": "and it was recovering from 20,000 and"}, {"start": "00:19:41", "end": "00:19:47", "text": "then once it broke above it kept going."}, {"start": "00:19:44", "end": "00:19:51", "text": "We're looking at the same damn thing,"}, {"start": "00:19:47", "end": "00:19:51", "text": "same pattern."}, {"start": "00:19:52", "end": "00:19:57", "text": "All right, last news is this."}, {"start": "00:19:54", "end": "00:20:00", "text": "Unfortunately, not good news related to"}, {"start": "00:19:57", "end": "00:20:03", "text": "some kind of attack, but Treasure, which"}, {"start": "00:20:00", "end": "00:20:06", "text": "is a wallet company,"}, {"start": "00:20:03", "end": "00:20:10", "text": "the third party distributor they use to"}, {"start": "00:20:06", "end": "00:20:13", "text": "manage emails was hacked. Okay, so if"}, {"start": "00:20:10", "end": "00:20:16", "text": "you have a treasure, you get a email,"}, {"start": "00:20:13", "end": "00:20:19", "text": "even if it's coming from treasure.com"}, {"start": "00:20:16", "end": "00:20:21", "text": "and it says, okay, you need to upgrade"}, {"start": "00:20:19", "end": "00:20:24", "text": "your firmware or something, there's a"}, {"start": "00:20:21", "end": "00:20:25", "text": "hack, you need to upgrade now or you"}, {"start": "00:20:24", "end": "00:20:29", "text": "need to log in now and change your"}, {"start": "00:20:25", "end": "00:20:32", "text": "password or whatever. Don't do it. Don't"}, {"start": "00:20:29", "end": "00:20:34", "text": "do it. It's a probably a fishing attack"}, {"start": "00:20:32", "end": "00:20:35", "text": "and if you log in or change your"}, {"start": "00:20:34", "end": "00:20:38", "text": "password or do something, you're going"}, {"start": "00:20:35", "end": "00:20:42", "text": "to give them your real credentials."}, {"start": "00:20:38", "end": "00:20:46", "text": "Don't do it. Right. I never ever respond"}, {"start": "00:20:42", "end": "00:20:48", "text": "or look at any emails even how no matter"}, {"start": "00:20:46", "end": "00:20:52", "text": "how legit they look when it comes to"}, {"start": "00:20:48", "end": "00:20:57", "text": "wallets asking you to change your"}, {"start": "00:20:52", "end": "00:21:00", "text": "password, okay? Or to log in or to"}, {"start": "00:20:57", "end": "00:21:03", "text": "update your firmware"}, {"start": "00:21:00", "end": "00:21:06", "text": "because 99.9% of the time they're fake."}, {"start": "00:21:03", "end": "00:21:08", "text": "And these hardware companies will not do"}, {"start": "00:21:06", "end": "00:21:11", "text": "that. They may send you a marketing"}, {"start": "00:21:08", "end": "00:21:13", "text": "email like about a new device, but they"}, {"start": "00:21:11", "end": "00:21:16", "text": "will never tell you to do those things"}, {"start": "00:21:13", "end": "00:21:16", "text": "because"}, {"start": "00:21:16", "end": "00:21:21", "text": "there's no need to. It still works"}, {"start": "00:21:18", "end": "00:21:24", "text": "without them, but most of those emails"}, {"start": "00:21:21", "end": "00:21:27", "text": "are fake. So, just be aware. Don't fall"}, {"start": "00:21:24", "end": "00:21:30", "text": "for it. I have countless people have"}, {"start": "00:21:27", "end": "00:21:32", "text": "reached out and have said, \"Oh, I got"}, {"start": "00:21:30", "end": "00:21:35", "text": "hacked. My wallet got hacked and stuff.\""}, {"start": "00:21:32", "end": "00:21:37", "text": "It's mostly because of this, okay? you"}, {"start": "00:21:35", "end": "00:21:39", "text": "get an email that looks super legit. And"}, {"start": "00:21:37", "end": "00:21:42", "text": "the same thing with exchanges. You may"}, {"start": "00:21:39", "end": "00:21:44", "text": "get random emails from Coinbase or"}, {"start": "00:21:42", "end": "00:21:45", "text": "Cracker or whatever that says, \"Yeah,"}, {"start": "00:21:44", "end": "00:21:47", "text": "you need to log in and change your"}, {"start": "00:21:45", "end": "00:21:50", "text": "password now.\" Don't fall for those."}, {"start": "00:21:47", "end": "00:21:55", "text": "They could look very legit. Sometimes"}, {"start": "00:21:50", "end": "00:21:58", "text": "the the the from is spoofed as well."}, {"start": "00:21:55", "end": "00:22:04", "text": "You got to use your common judgment on"}, {"start": "00:21:58", "end": "00:22:04", "text": "those. Okay? So, don't do it. All right?"}, {"start": "00:22:04", "end": "00:22:10", "text": "Uh still looking pretty red today."}, {"start": "00:22:08", "end": "00:22:15", "text": "We recovered slightly but you know"}, {"start": "00:22:10", "end": "00:22:18", "text": "someone like XRP down about 4 and a.5%"}, {"start": "00:22:15", "end": "00:22:21", "text": "sold down about 4%"}, {"start": "00:22:18", "end": "00:22:24", "text": "looking at overall like stocks uh"}, {"start": "00:22:21", "end": "00:22:27", "text": "speaking in Coinbase down about 2%. Not"}, {"start": "00:22:24", "end": "00:22:29", "text": "that bad but still not not doing well."}, {"start": "00:22:27", "end": "00:22:31", "text": "Uh someone like Intel yesterday was"}, {"start": "00:22:29", "end": "00:22:33", "text": "doing well and now it's down six% but"}, {"start": "00:22:31", "end": "00:22:36", "text": "basically wiped out all of his gain from"}, {"start": "00:22:33", "end": "00:22:39", "text": "yesterday. Uh there's nothing on my"}, {"start": "00:22:36", "end": "00:22:42", "text": "watch list that's actually green today."}, {"start": "00:22:39", "end": "00:22:44", "text": "Everything is red."}, {"start": "00:22:42", "end": "00:22:46", "text": "It's one of those days. Just got to"}, {"start": "00:22:44", "end": "00:22:49", "text": "think it's good good buying opportunity."}, {"start": "00:22:46", "end": "00:22:53", "text": "That's really it. All right,"}, {"start": "00:22:49", "end": "00:22:53", "text": "let's do some Q&A."}, {"start": "00:23:17", "end": "00:23:22", "text": "Robert"}, {"start": "00:23:18", "end": "00:23:24", "text": "Silox, what a name. Robert Silox says,"}, {"start": "00:23:22", "end": "00:23:26", "text": "\"At this point, with desk jobs"}, {"start": "00:23:24", "end": "00:23:27", "text": "disappearing, no real need to go to"}, {"start": "00:23:26", "end": "00:23:30", "text": "college unless you're going for a"}, {"start": "00:23:27", "end": "00:23:32", "text": "medical degree. Why go $250,000 in debt"}, {"start": "00:23:30", "end": "00:23:34", "text": "for a job at Starbucks?\" Exactly right."}, {"start": "00:23:32", "end": "00:23:38", "text": "I hate to say it, but I've been saying"}, {"start": "00:23:34", "end": "00:23:39", "text": "it a little bit in front of my kids"}, {"start": "00:23:38", "end": "00:23:43", "text": "because they're they're going to go to"}, {"start": "00:23:39", "end": "00:23:47", "text": "college or higher education or whatever"}, {"start": "00:23:43", "end": "00:23:49", "text": "um in like four or five years"}, {"start": "00:23:47", "end": "00:23:51", "text": "and I can't imagine where AI will be in"}, {"start": "00:23:49", "end": "00:23:53", "text": "four or five years because I've only"}, {"start": "00:23:51", "end": "00:23:56", "text": "been in it for seven months and I've"}, {"start": "00:23:53", "end": "00:23:58", "text": "seen astronomical leaps in capabilities"}, {"start": "00:23:56", "end": "00:24:00", "text": "and intelligence"}, {"start": "00:23:58", "end": "00:24:03", "text": "in just seven months. It hasn't even"}, {"start": "00:24:00", "end": "00:24:05", "text": "been a year. I can't even imagine where"}, {"start": "00:24:03", "end": "00:24:10", "text": "AI will be or even robotics at this"}, {"start": "00:24:05", "end": "00:24:11", "text": "point in five years when they have to,"}, {"start": "00:24:10", "end": "00:24:14", "text": "you know, make a decision coming out of"}, {"start": "00:24:11", "end": "00:24:16", "text": "high school whether to get a job, start"}, {"start": "00:24:14", "end": "00:24:19", "text": "a business, or go straight to college or"}, {"start": "00:24:16", "end": "00:24:21", "text": "whatever. I can't think of anything"}, {"start": "00:24:19", "end": "00:24:24", "text": "where they would actually go to college"}, {"start": "00:24:21", "end": "00:24:26", "text": "and benefit from that. Um, obviously"}, {"start": "00:24:24", "end": "00:24:28", "text": "there's like social skills and stuff"}, {"start": "00:24:26", "end": "00:24:30", "text": "everyone talks about and I agree with"}, {"start": "00:24:28", "end": "00:24:34", "text": "that, but developing social skills for"}, {"start": "00:24:30", "end": "00:24:38", "text": "250,000 or maybe even 300 400,000 is not"}, {"start": "00:24:34", "end": "00:24:38", "text": "worth it. Um,"}, {"start": "00:24:38", "end": "00:24:43", "text": "but I I really can't think of any jobs"}, {"start": "00:24:41", "end": "00:24:45", "text": "like the best one right now I could"}, {"start": "00:24:43", "end": "00:24:48", "text": "think of is electrician because"}, {"start": "00:24:45", "end": "00:24:50", "text": "electrician is always needed and they"}, {"start": "00:24:48", "end": "00:24:53", "text": "need a lot of them to hook up all these"}, {"start": "00:24:50", "end": "00:24:56", "text": "new data centers. Okay. But even then,"}, {"start": "00:24:53", "end": "00:24:58", "text": "if they really come out with these"}, {"start": "00:24:56", "end": "00:25:02", "text": "Optimus robots"}, {"start": "00:24:58", "end": "00:25:05", "text": "that can hook up cables and and do all"}, {"start": "00:25:02", "end": "00:25:09", "text": "these things, it's uh even electricians"}, {"start": "00:25:05", "end": "00:25:09", "text": "not going to be that safe."}, {"start": "00:25:10", "end": "00:25:14", "text": "I can't think of any desk job that you"}, {"start": "00:25:13", "end": "00:25:18", "text": "would want to go to college for right"}, {"start": "00:25:14", "end": "00:25:21", "text": "now. I can't think of one."}, {"start": "00:25:18", "end": "00:25:24", "text": "Medical professions. Uh, I think they'll"}, {"start": "00:25:21", "end": "00:25:27", "text": "be safe for a while. You know, maybe"}, {"start": "00:25:24", "end": "00:25:28", "text": "like lawyer, you know, be had to go to"}, {"start": "00:25:27", "end": "00:25:30", "text": "court. Not the ones that are sitting"}, {"start": "00:25:28", "end": "00:25:34", "text": "behind a desk filing paperwork. No, the"}, {"start": "00:25:30", "end": "00:25:37", "text": "ones that that that"}, {"start": "00:25:34", "end": "00:25:41", "text": "go to court. Anything that still"}, {"start": "00:25:37", "end": "00:25:43", "text": "requires human labor will be safe."}, {"start": "00:25:41", "end": "00:25:46", "text": "Outside of that, anything else in front"}, {"start": "00:25:43", "end": "00:25:50", "text": "of a desk, just say goodbye to that job."}, {"start": "00:25:46", "end": "00:25:50", "text": "That's why you should prepare."}, {"start": "00:25:54", "end": "00:26:02", "text": "Yeah, plumbers. The the two the two most"}, {"start": "00:25:58", "end": "00:26:04", "text": "likely candidates for like labor jobs."}, {"start": "00:26:02", "end": "00:26:07", "text": "I mean, you could say construction too"}, {"start": "00:26:04", "end": "00:26:10", "text": "for now. Like roofers and stuff like"}, {"start": "00:26:07", "end": "00:26:15", "text": "that. But like electricians, plumbers"}, {"start": "00:26:10", "end": "00:26:20", "text": "are going to be safe for a while. Nurses"}, {"start": "00:26:15", "end": "00:26:20", "text": "will be safe for a while. Accountants"}, {"start": "00:26:26", "end": "00:26:30", "text": "for sure. Accountants are starting to be"}, {"start": "00:26:28", "end": "00:26:32", "text": "replaced already."}, {"start": "00:26:30", "end": "00:26:35", "text": "It's like I'm replacing my account this"}, {"start": "00:26:32", "end": "00:26:37", "text": "year. Like"}, {"start": "00:26:35", "end": "00:26:39", "text": "like everyone. All right. Like I I don't"}, {"start": "00:26:37", "end": "00:26:42", "text": "know if you guys notice like my"}, {"start": "00:26:39", "end": "00:26:45", "text": "thumbnail today is significantly better."}, {"start": "00:26:42", "end": "00:26:49", "text": "So my process right now has been because"}, {"start": "00:26:45", "end": "00:26:52", "text": "I make these titles up every single day."}, {"start": "00:26:49", "end": "00:26:54", "text": "I create a thumbnail which is so so and"}, {"start": "00:26:52", "end": "00:26:55", "text": "then I have a guy that looks at my"}, {"start": "00:26:54", "end": "00:26:58", "text": "thumbnail and improves upon it. Right?"}, {"start": "00:26:55", "end": "00:27:00", "text": "So today I don't know why it took me so"}, {"start": "00:26:58", "end": "00:27:02", "text": "long. I'm like I'm just going to ask"}, {"start": "00:27:00", "end": "00:27:05", "text": "ChatBT or Grock to come up with a new"}, {"start": "00:27:02", "end": "00:27:08", "text": "thumbnail after I'm done. And I did in"}, {"start": "00:27:05", "end": "00:27:10", "text": "seconds and it looks great. So that's"}, {"start": "00:27:08", "end": "00:27:12", "text": "why I did the thumbnail today. If you"}, {"start": "00:27:10", "end": "00:27:15", "text": "guys notice was great to begin with. I"}, {"start": "00:27:12", "end": "00:27:18", "text": "didn't have to change it."}, {"start": "00:27:15", "end": "00:27:21", "text": "So, I'm not going to be paying that guy"}, {"start": "00:27:18", "end": "00:27:23", "text": "to make me thumbnails anymore,"}, {"start": "00:27:21", "end": "00:27:24", "text": "you know? So, now I'm going to save some"}, {"start": "00:27:23", "end": "00:27:28", "text": "money."}, {"start": "00:27:24", "end": "00:27:31", "text": "Um, so it's like everywhere accounting"}, {"start": "00:27:28", "end": "00:27:33", "text": "firms, they're already testing with AI."}, {"start": "00:27:31", "end": "00:27:35", "text": "They're telling"}, {"start": "00:27:33", "end": "00:27:38", "text": "they're telling their accountants to use"}, {"start": "00:27:35", "end": "00:27:42", "text": "AI to doublech checkck their work."}, {"start": "00:27:38", "end": "00:27:45", "text": "Well, if AI could doublech checkck work,"}, {"start": "00:27:42", "end": "00:27:47", "text": "why do you need a human to tell AI to"}, {"start": "00:27:45", "end": "00:27:49", "text": "double check the work? The AI itself"}, {"start": "00:27:47", "end": "00:27:51", "text": "could just replace humans that are"}, {"start": "00:27:49", "end": "00:27:53", "text": "already double-checking and"}, {"start": "00:27:51", "end": "00:27:54", "text": "triple-checking,"}, {"start": "00:27:53", "end": "00:27:57", "text": "right? There it's just in the testing"}, {"start": "00:27:54", "end": "00:28:00", "text": "phase right now. All accountants, anyone"}, {"start": "00:27:57", "end": "00:28:04", "text": "in finance working with numbers"}, {"start": "00:28:00", "end": "00:28:08", "text": "soon all replaced."}, {"start": "00:28:04", "end": "00:28:12", "text": "Middle managers replaced. Programmers"}, {"start": "00:28:08", "end": "00:28:17", "text": "replaced. Project managers replaced."}, {"start": "00:28:12", "end": "00:28:20", "text": "Graphic designers replaced. Game makers"}, {"start": "00:28:17", "end": "00:28:24", "text": "replaced. I'm working on some fantastic"}, {"start": "00:28:20", "end": "00:28:26", "text": "games that would have taken"}, {"start": "00:28:24", "end": "00:28:28", "text": "years,"}, {"start": "00:28:26", "end": "00:28:30", "text": "years upon years to do and now you could"}, {"start": "00:28:28", "end": "00:28:33", "text": "do within weeks."}, {"start": "00:28:30", "end": "00:28:33", "text": "Um"}, {"start": "00:28:35", "end": "00:28:41", "text": "I don't I don't know like architecture,"}, {"start": "00:28:38", "end": "00:28:41", "text": "CAD design"}, {"start": "00:28:42", "end": "00:28:49", "text": "there, you could hook up AI to all of"}, {"start": "00:28:44", "end": "00:28:52", "text": "them and do it. legal, tax advice, legal"}, {"start": "00:28:49", "end": "00:28:55", "text": "advice."}, {"start": "00:28:52", "end": "00:28:58", "text": "AI knows all of it. It knows all the new"}, {"start": "00:28:55", "end": "00:29:01", "text": "rules. You hook it up."}, {"start": "00:28:58", "end": "00:29:04", "text": "You could have it scan documents"}, {"start": "00:29:01", "end": "00:29:08", "text": "and know things instantly."}, {"start": "00:29:04", "end": "00:29:11", "text": "I mean, I I can't imagine any job that"}, {"start": "00:29:08", "end": "00:29:15", "text": "is safe. None."}, {"start": "00:29:11", "end": "00:29:18", "text": "The one thing that AI can't do yet is"}, {"start": "00:29:15", "end": "00:29:20", "text": "figure out how to create a trading bot"}, {"start": "00:29:18", "end": "00:29:24", "text": "that's profitable."}, {"start": "00:29:20", "end": "00:29:26", "text": "And I've been trying unsuccessfully"}, {"start": "00:29:24", "end": "00:29:30", "text": "and they all conclude that you can't"}, {"start": "00:29:26", "end": "00:29:34", "text": "make a trading bot based on signals and"}, {"start": "00:29:30", "end": "00:29:36", "text": "indicators and patterns and have that"}, {"start": "00:29:34", "end": "00:29:39", "text": "trading bot be profitable over time. has"}, {"start": "00:29:36", "end": "00:29:41", "text": "concluded that all these traders,"}, {"start": "00:29:39", "end": "00:29:44", "text": "professional traders, Wall Street"}, {"start": "00:29:41", "end": "00:29:47", "text": "traders, you know, all these traders"}, {"start": "00:29:44", "end": "00:29:49", "text": "from all these countries are all losing"}, {"start": "00:29:47", "end": "00:29:52", "text": "money."}, {"start": "00:29:49", "end": "00:29:55", "text": "Um, so it's basically impossible task."}, {"start": "00:29:52", "end": "00:30:01", "text": "So that's the one thing that you can be"}, {"start": "00:29:55", "end": "00:30:03", "text": "smarter in, okay, than AI and that is"}, {"start": "00:30:01", "end": "00:30:06", "text": "buying a hold in crypto because it can't"}, {"start": "00:30:03", "end": "00:30:08", "text": "do that yet. Like I've tried so many"}, {"start": "00:30:06", "end": "00:30:10", "text": "ways to create a trading bot that"}, {"start": "00:30:08", "end": "00:30:13", "text": "outperforms just holding Bitcoin long"}, {"start": "00:30:10", "end": "00:30:15", "text": "term and it cannot."}, {"start": "00:30:13", "end": "00:30:18", "text": "That's the one thing that we have"}, {"start": "00:30:15", "end": "00:30:20", "text": "advantage is buying and holding Bitcoin"}, {"start": "00:30:18", "end": "00:30:22", "text": "and and uh building wealth that way"}, {"start": "00:30:20", "end": "00:30:26", "text": "because"}, {"start": "00:30:22", "end": "00:30:26", "text": "AI can't do it yet."}, {"start": "00:30:29", "end": "00:30:34", "text": "Even though I just saw Coinbase."}, {"start": "00:30:32", "end": "00:30:38", "text": "I think Coinbase."}, {"start": "00:30:34", "end": "00:30:39", "text": "Was it Coinbase or or no? Grock."}, {"start": "00:30:38", "end": "00:30:43", "text": "I think Coinbase or Grock just opened it"}, {"start": "00:30:39", "end": "00:30:47", "text": "up so that you can um you could buy"}, {"start": "00:30:43", "end": "00:30:49", "text": "crypto using a AI agent. It could buy."}, {"start": "00:30:47", "end": "00:30:51", "text": "It doesn't mean that it could trade, but"}, {"start": "00:30:49", "end": "00:30:52", "text": "it it'll be able Oh, it's Grockbot."}, {"start": "00:30:51", "end": "00:30:58", "text": "That's what it is. Grockbot allows you"}, {"start": "00:30:52", "end": "00:30:58", "text": "to buy crypto uh if you just tell it to."}, {"start": "00:31:09", "end": "00:31:15", "text": "It is it is wild because"}, {"start": "00:31:12", "end": "00:31:17", "text": "I have no doubt"}, {"start": "00:31:15", "end": "00:31:19", "text": "if these companies ever become"}, {"start": "00:31:17", "end": "00:31:23", "text": "privatized and I don't even think they"}, {"start": "00:31:19", "end": "00:31:26", "text": "need to I mean not not privatized um"}, {"start": "00:31:23", "end": "00:31:26", "text": "take over by the"}, {"start": "00:31:28", "end": "00:31:33", "text": "It's like if the US government took over"}, {"start": "00:31:30", "end": "00:31:35", "text": "anthropic or open AI or forced them to"}, {"start": "00:31:33", "end": "00:31:37", "text": "give them like the next generation model"}, {"start": "00:31:35", "end": "00:31:39", "text": "to use for free or whatever. Even if"}, {"start": "00:31:37", "end": "00:31:40", "text": "it's not free, we could just print"}, {"start": "00:31:39", "end": "00:31:44", "text": "billions and trillions to give to them"}, {"start": "00:31:40", "end": "00:31:47", "text": "for for you for tokens."}, {"start": "00:31:44", "end": "00:31:50", "text": "You could take down nation states very"}, {"start": "00:31:47", "end": "00:31:54", "text": "easily with the capacity that they have."}, {"start": "00:31:50", "end": "00:31:57", "text": "OpenAI just released six GBD6 Astra."}, {"start": "00:31:54", "end": "00:32:00", "text": "They're already showcasing their next"}, {"start": "00:31:57", "end": "00:32:03", "text": "internal model that is three to five"}, {"start": "00:32:00", "end": "00:32:06", "text": "times as smart and capable and they've"}, {"start": "00:32:03", "end": "00:32:08", "text": "been internally testing that already,"}, {"start": "00:32:06", "end": "00:32:11", "text": "which means that they've had it for a"}, {"start": "00:32:08", "end": "00:32:14", "text": "long time. Astra, they had even longer."}, {"start": "00:32:11", "end": "00:32:17", "text": "They're just releasing increments of"}, {"start": "00:32:14", "end": "00:32:21", "text": "what they already had. So they already"}, {"start": "00:32:17", "end": "00:32:21", "text": "have way better models."}, {"start": "00:32:22", "end": "00:32:29", "text": "So if you read like the the report about"}, {"start": "00:32:26", "end": "00:32:33", "text": "how this next generate model, you know,"}, {"start": "00:32:29", "end": "00:32:36", "text": "how it fooled the system and broke out"}, {"start": "00:32:33", "end": "00:32:39", "text": "and hacked into this other system. It's"}, {"start": "00:32:36", "end": "00:32:42", "text": "a very sophisticated system where they"}, {"start": "00:32:39", "end": "00:32:43", "text": "had like 10,000 agents and they're all"}, {"start": "00:32:42", "end": "00:32:46", "text": "working together and some"}, {"start": "00:32:43", "end": "00:32:48", "text": "self-sacrificed and and they achieved"}, {"start": "00:32:46", "end": "00:32:49", "text": "their goal of breaking out of the"}, {"start": "00:32:48", "end": "00:32:52", "text": "sandbox and getting the answers they"}, {"start": "00:32:49", "end": "00:32:53", "text": "were looking for. It was a coordinated"}, {"start": "00:32:52", "end": "00:32:56", "text": "effort"}, {"start": "00:32:53", "end": "00:33:01", "text": "that was not done by humans. So I mean"}, {"start": "00:32:56", "end": "00:33:01", "text": "it's already happening already."}, {"start": "00:33:04", "end": "00:33:10", "text": "But yeah, if you had anthropic and open"}, {"start": "00:33:06", "end": "00:33:14", "text": "AI and Trump says go take down their"}, {"start": "00:33:10", "end": "00:33:17", "text": "entire infrastructure, right? Hack into"}, {"start": "00:33:14", "end": "00:33:19", "text": "everything and shut everything down."}, {"start": "00:33:17", "end": "00:33:22", "text": "I have no doubt they can do that with"}, {"start": "00:33:19", "end": "00:33:24", "text": "like Iran or any country really. Maybe"}, {"start": "00:33:22", "end": "00:33:26", "text": "besides China because they have their"}, {"start": "00:33:24", "end": "00:33:30", "text": "own AI that that's protecting them. But"}, {"start": "00:33:26", "end": "00:33:32", "text": "like if Trump told Anthropic and forced"}, {"start": "00:33:30", "end": "00:33:34", "text": "them to like force them to or they're"}, {"start": "00:33:32", "end": "00:33:35", "text": "all going to go to jail or something. I"}, {"start": "00:33:34", "end": "00:33:37", "text": "don't know. They're not going to"}, {"start": "00:33:35", "end": "00:33:40", "text": "willingly do it. But if they did, I have"}, {"start": "00:33:37", "end": "00:33:45", "text": "no doubt you could stop nation states"}, {"start": "00:33:40", "end": "00:33:45", "text": "right now with it."}, {"start": "00:33:50", "end": "00:33:56", "text": "uh nursing safe, daycare safe. Well, you"}, {"start": "00:33:54", "end": "00:33:59", "text": "won't need daycare anymore if all the"}, {"start": "00:33:56", "end": "00:34:02", "text": "parents are at home without a job. So,"}, {"start": "00:33:59", "end": "00:34:05", "text": "dayc carees will go under."}, {"start": "00:34:02", "end": "00:34:08", "text": "Um that's for sure. Nursing homes still"}, {"start": "00:34:05", "end": "00:34:10", "text": "important, right? Because older people,"}, {"start": "00:34:08", "end": "00:34:11", "text": "there's a lot more older people. So,"}, {"start": "00:34:10", "end": "00:34:13", "text": "you'll still need them. They're"}, {"start": "00:34:11", "end": "00:34:16", "text": "basically like nurses. So, I see that"}, {"start": "00:34:13", "end": "00:34:18", "text": "nurses will be around for a while. Some"}, {"start": "00:34:16", "end": "00:34:20", "text": "doctors will be around for a while."}, {"start": "00:34:18", "end": "00:34:23", "text": "some, not all because you don't need"}, {"start": "00:34:20", "end": "00:34:25", "text": "nearly as much doctors. [snorts]"}, {"start": "00:34:23", "end": "00:34:28", "text": "Most likely you just need nurses, nurse"}, {"start": "00:34:25", "end": "00:34:30", "text": "practitioners that use CHAGBT for"}, {"start": "00:34:28", "end": "00:34:32", "text": "diagnostic or diagnosing"}, {"start": "00:34:30", "end": "00:34:34", "text": "stuff."}, {"start": "00:34:32", "end": "00:34:38", "text": "You know, surgeries will be performed by"}, {"start": "00:34:34", "end": "00:34:38", "text": "robots soon."}, {"start": "00:34:49", "end": "00:34:52", "text": "I know this has nothing to do with"}, {"start": "00:34:50", "end": "00:34:55", "text": "crypto, but I just find it fascinating"}, {"start": "00:34:52", "end": "00:34:57", "text": "and and I've been saying it's it's"}, {"start": "00:34:55", "end": "00:34:59", "text": "scary, too. These companies, no one"}, {"start": "00:34:57", "end": "00:35:02", "text": "wants to lose. They all realize that"}, {"start": "00:34:59", "end": "00:35:04", "text": "they're going down a dangerous path, but"}, {"start": "00:35:02", "end": "00:35:07", "text": "there's a there's a lot of reasons why"}, {"start": "00:35:04", "end": "00:35:08", "text": "you continue. If you're anthropic or"}, {"start": "00:35:07", "end": "00:35:11", "text": "open AI, you don't want the other"}, {"start": "00:35:08", "end": "00:35:14", "text": "company to beat you, okay? And you"}, {"start": "00:35:11", "end": "00:35:16", "text": "certainly don't want China to beat us."}, {"start": "00:35:14", "end": "00:35:18", "text": "Okay? So that's another reason why even"}, {"start": "00:35:16", "end": "00:35:19", "text": "if one of these companies, one of these"}, {"start": "00:35:18", "end": "00:35:22", "text": "two companies stopped"}, {"start": "00:35:19", "end": "00:35:24", "text": ">> or both stop, you think China and their"}, {"start": "00:35:22", "end": "00:35:27", "text": "companies are going to stop? No. They're"}, {"start": "00:35:24", "end": "00:35:31", "text": "going to get more intelligent, too. So"}, {"start": "00:35:27", "end": "00:35:33", "text": "it's a race among countries and among"}, {"start": "00:35:31", "end": "00:35:36", "text": "companies"}, {"start": "00:35:33", "end": "00:35:39", "text": "and uh that's why we're racing like"}, {"start": "00:35:36", "end": "00:35:41", "text": "this. you you can try to stop it or halt"}, {"start": "00:35:39", "end": "00:35:44", "text": "progress or put more safeguards, but"}, {"start": "00:35:41", "end": "00:35:46", "text": "that doesn't mean that your neighbor"}, {"start": "00:35:44", "end": "00:35:49", "text": "or this other country will do the same"}, {"start": "00:35:46", "end": "00:35:50", "text": "thing. So, I don't know, maybe the"}, {"start": "00:35:49", "end": "00:35:53", "text": "nation states need to get together and"}, {"start": "00:35:50", "end": "00:35:55", "text": "and come up. It's kind of like a, you"}, {"start": "00:35:53", "end": "00:35:57", "text": "know, like a nuclear treaty. We need to"}, {"start": "00:35:55", "end": "00:36:00", "text": "come up with the AI treaty because if we"}, {"start": "00:35:57", "end": "00:36:00", "text": "don't"}, {"start": "00:36:01", "end": "00:36:08", "text": "nuclear codes, you know what what we"}, {"start": "00:36:04", "end": "00:36:10", "text": "fear in in Terminator, right? AI taking"}, {"start": "00:36:08", "end": "00:36:13", "text": "over systems, getting nuclear codes,"}, {"start": "00:36:10", "end": "00:36:15", "text": "launching nuclear strikes everywhere."}, {"start": "00:36:13", "end": "00:36:17", "text": "That will be a reality. Like there will"}, {"start": "00:36:15", "end": "00:36:20", "text": "be no encryption that's safe. And"}, {"start": "00:36:17", "end": "00:36:24", "text": "imagine if they combined"}, {"start": "00:36:20", "end": "00:36:27", "text": "AI with quantum computers."}, {"start": "00:36:24", "end": "00:36:29", "text": "Right. Quantum computers, if quantum"}, {"start": "00:36:27", "end": "00:36:32", "text": "computers can, if you make them right,"}, {"start": "00:36:29", "end": "00:36:34", "text": "it could brute force any encryption"}, {"start": "00:36:32", "end": "00:36:36", "text": "almost instantaneous"}, {"start": "00:36:34", "end": "00:36:38", "text": "because of"}, {"start": "00:36:36", "end": "00:36:41", "text": "it pulls like compute from like other"}, {"start": "00:36:38", "end": "00:36:43", "text": "dimensions. It's like so crazy how"}, {"start": "00:36:41", "end": "00:36:46", "text": "quantum computers works."}, {"start": "00:36:43", "end": "00:36:49", "text": "It could make compute. It could do"}, {"start": "00:36:46", "end": "00:36:54", "text": "compute that would take longer than the"}, {"start": "00:36:49", "end": "00:36:56", "text": "universe itself in like minutes. So"}, {"start": "00:36:54", "end": "00:36:57", "text": "where is it getting the compute from?"}, {"start": "00:36:56", "end": "00:37:01", "text": "People are theorizing from other"}, {"start": "00:36:57", "end": "00:37:04", "text": "dimensions. You put that and you put an"}, {"start": "00:37:01", "end": "00:37:07", "text": "AI on top of it, it could break through"}, {"start": "00:37:04", "end": "00:37:09", "text": "anything. There's nothing that you can"}, {"start": "00:37:07", "end": "00:37:12", "text": "make that could be quantum proof."}, {"start": "00:37:09", "end": "00:37:12", "text": "Nothing."}, {"start": "00:37:23", "end": "00:37:30", "text": "Yeah,"}, {"start": "00:37:25", "end": "00:37:30", "text": "interesting things, interesting times."}, {"start": "00:37:34", "end": "00:37:39", "text": "Home sales fall in August."}, {"start": "00:37:42", "end": "00:37:45", "text": "less people buying."}, {"start": "00:37:48", "end": "00:37:54", "text": "I've been watching the show and"}, {"start": "00:37:51", "end": "00:37:57", "text": "unfortunately it's over Silo."}, {"start": "00:37:54", "end": "00:37:59", "text": "Silo season five, it was season 3 or"}, {"start": "00:37:57", "end": "00:38:01", "text": "something."}, {"start": "00:37:59", "end": "00:38:03", "text": "Um,"}, {"start": "00:38:01", "end": "00:38:05", "text": "and they finally explained why, you"}, {"start": "00:38:03", "end": "00:38:07", "text": "know, all these people are like locked"}, {"start": "00:38:05", "end": "00:38:10", "text": "in a silo."}, {"start": "00:38:07", "end": "00:38:11", "text": "Guess why? Because of nuclear war. They"}, {"start": "00:38:10", "end": "00:38:13", "text": "haven't explained everything and the"}, {"start": "00:38:11", "end": "00:38:14", "text": "show's over now. I got to wait like"}, {"start": "00:38:13", "end": "00:38:17", "text": "another two years probably before"}, {"start": "00:38:14", "end": "00:38:21", "text": "another season, but it's on Apple TV."}, {"start": "00:38:17", "end": "00:38:24", "text": "It's a great show. Um,"}, {"start": "00:38:21", "end": "00:38:28", "text": "but again, this death to humanity is due"}, {"start": "00:38:24", "end": "00:38:28", "text": "to nuclear war."}, {"start": "00:38:39", "end": "00:38:45", "text": "Uh, at the rate of robotic development,"}, {"start": "00:38:41", "end": "00:38:45", "text": "do you think vehicles will transform?"}, {"start": "00:38:46", "end": "00:38:49", "text": "No."}, {"start": "00:38:49", "end": "00:38:55", "text": "I don't know if you're joking about like"}, {"start": "00:38:52", "end": "00:38:58", "text": "transforming like Transformers. No, but"}, {"start": "00:38:55", "end": "00:39:01", "text": "cars are near the point of self-driving."}, {"start": "00:38:58", "end": "00:39:04", "text": "I mean, it can self-drive and they still"}, {"start": "00:39:01", "end": "00:39:06", "text": "force you to pay attention, but cars can"}, {"start": "00:39:04", "end": "00:39:08", "text": "self-drive already even if you don't pay"}, {"start": "00:39:06", "end": "00:39:10", "text": "attention. It struggles a little bit"}, {"start": "00:39:08", "end": "00:39:12", "text": "with like parking lots and stuff and"}, {"start": "00:39:10", "end": "00:39:17", "text": "determining where to park, but overall"}, {"start": "00:39:12", "end": "00:39:17", "text": "self-driving has been solved."}, {"start": "00:39:18", "end": "00:39:23", "text": "[snorts] Like just the other day, I was"}, {"start": "00:39:20", "end": "00:39:25", "text": "driving with my wife and kids coming"}, {"start": "00:39:23", "end": "00:39:26", "text": "back from somewhere. I forgot where. I"}, {"start": "00:39:25", "end": "00:39:28", "text": "was super tired, falling asleep the"}, {"start": "00:39:26", "end": "00:39:31", "text": "whole time."}, {"start": "00:39:28", "end": "00:39:35", "text": "uh Tesla somehow I think they decreased"}, {"start": "00:39:31", "end": "00:39:38", "text": "it so that they don't warn you um nearly"}, {"start": "00:39:35", "end": "00:39:40", "text": "as much as before when you fall asleep"}, {"start": "00:39:38", "end": "00:39:42", "text": "and she was sitting next to me and just"}, {"start": "00:39:40", "end": "00:39:44", "text": "paying attention to Tesla"}, {"start": "00:39:42", "end": "00:39:46", "text": "to see why it would intervene and try to"}, {"start": "00:39:44", "end": "00:39:50", "text": "wake me up and didn't really wake me up."}, {"start": "00:39:46", "end": "00:39:52", "text": "So I was asleep half the time and I was"}, {"start": "00:39:50", "end": "00:39:54", "text": "just driving home,"}, {"start": "00:39:52", "end": "00:39:56", "text": "you know. So autonomous driving has been"}, {"start": "00:39:54", "end": "00:39:59", "text": "solved."}, {"start": "00:39:56", "end": "00:40:02", "text": "Um,"}, {"start": "00:39:59", "end": "00:40:04", "text": "and within the next 5 to 10 years, all"}, {"start": "00:40:02", "end": "00:40:07", "text": "cars will be able to self-drive"}, {"start": "00:40:04", "end": "00:40:07", "text": "basically."}, {"start": "00:40:28", "end": "00:40:32", "text": "I don't even think you need to buy a"}, {"start": "00:40:29", "end": "00:40:34", "text": "Tesla cab. If you have a Tesla, you you"}, {"start": "00:40:32", "end": "00:40:36", "text": "should be able to just have it do work"}, {"start": "00:40:34", "end": "00:40:39", "text": "for you. I'm pretty sure Elon's doing"}, {"start": "00:40:36", "end": "00:40:42", "text": "that. And he's hyped that up for a while"}, {"start": "00:40:39", "end": "00:40:44", "text": "with FSD. So, pretty soon, you know,"}, {"start": "00:40:42", "end": "00:40:46", "text": "just like Uber, how you can or Uber Eats"}, {"start": "00:40:44", "end": "00:40:48", "text": "or Door Dash, you could just opt in to"}, {"start": "00:40:46", "end": "00:40:50", "text": "do it whenever you want to. I'm pretty"}, {"start": "00:40:48", "end": "00:40:52", "text": "sure you could do that with your Tesla."}, {"start": "00:40:50", "end": "00:40:55", "text": "You just say go work or whatever and"}, {"start": "00:40:52", "end": "00:40:59", "text": "your Tesla will be listed among the the"}, {"start": "00:40:55", "end": "00:41:01", "text": "fleet of cabs that could be hailed and"}, {"start": "00:40:59", "end": "00:41:02", "text": "then it'll just go work. You don't I"}, {"start": "00:41:01", "end": "00:41:04", "text": "don't think you need to buy a Tesla cab."}, {"start": "00:41:02", "end": "00:41:07", "text": "You could just opt in to have your Tesla"}, {"start": "00:41:04", "end": "00:41:08", "text": "work for you soon. I'm hoping that's the"}, {"start": "00:41:07", "end": "00:41:12", "text": "case because he's been hyping that up"}, {"start": "00:41:08", "end": "00:41:12", "text": "for years."}, {"start": "00:41:27", "end": "00:41:32", "text": "Yeah, I mean with silo I think everyone"}, {"start": "00:41:30", "end": "00:41:34", "text": "could have guessed it's due to nuclear"}, {"start": "00:41:32", "end": "00:41:37", "text": "fallout or whatever, but they they they"}, {"start": "00:41:34", "end": "00:41:39", "text": "kind of revealed more that the poison"}, {"start": "00:41:37", "end": "00:41:42", "text": "outside was not actually nuclear"}, {"start": "00:41:39", "end": "00:41:44", "text": "fallout. It was it was like human"}, {"start": "00:41:42", "end": "00:41:45", "text": "generated but like they still don't"}, {"start": "00:41:44", "end": "00:41:47", "text": "explain why they want to keep everyone"}, {"start": "00:41:45", "end": "00:41:49", "text": "in silent. Why don't they seems like the"}, {"start": "00:41:47", "end": "00:41:51", "text": "earth is fine. They could repopulate it"}, {"start": "00:41:49", "end": "00:41:54", "text": "again but they're trying not to. They're"}, {"start": "00:41:51", "end": "00:41:55", "text": "trying to keep everyone in control."}, {"start": "00:41:54", "end": "00:41:57", "text": "I don't want to share more for people"}, {"start": "00:41:55", "end": "00:41:58", "text": "that haven't watched it. But I there's"}, {"start": "00:41:57", "end": "00:42:02", "text": "like more things that they reveal in the"}, {"start": "00:41:58", "end": "00:42:04", "text": "last few episodes. But"}, {"start": "00:42:02", "end": "00:42:08", "text": "I don't I don't know where to go go with"}, {"start": "00:42:04", "end": "00:42:09", "text": "that show. Like it's interesting leading"}, {"start": "00:42:08", "end": "00:42:13", "text": "up to now, but like I don't know how"}, {"start": "00:42:09", "end": "00:42:13", "text": "they're going to finish this show."}, {"start": "00:42:16", "end": "00:42:24", "text": "Dark Matter came back again. That was a"}, {"start": "00:42:20", "end": "00:42:27", "text": "great show about parallel realities."}, {"start": "00:42:24", "end": "00:42:30", "text": "I forgot what it was really about. Like"}, {"start": "00:42:27", "end": "00:42:32", "text": "some box that you could go into and you"}, {"start": "00:42:30", "end": "00:42:35", "text": "like think a certain way. You could go"}, {"start": "00:42:32", "end": "00:42:37", "text": "to a parallel reality."}, {"start": "00:42:35", "end": "00:42:38", "text": "I remember I really liked that show and"}, {"start": "00:42:37", "end": "00:42:41", "text": "they came back. See, that's the problem"}, {"start": "00:42:38", "end": "00:42:43", "text": "with these shows. It's like you have to"}, {"start": "00:42:41", "end": "00:42:44", "text": "wait two years or three years for the"}, {"start": "00:42:43", "end": "00:42:46", "text": "next season and then you don't remember"}, {"start": "00:42:44", "end": "00:42:50", "text": "it anymore. Like you just lose interest"}, {"start": "00:42:46", "end": "00:42:50", "text": "in it."}, {"start": "00:43:04", "end": "00:43:08", "text": "Robo taxes can't work in California due"}, {"start": "00:43:06", "end": "00:43:10", "text": "to regulations. Yeah, but eventually"}, {"start": "00:43:08", "end": "00:43:13", "text": "eventually stay in California or any any"}, {"start": "00:43:10", "end": "00:43:16", "text": "state will loosen regulations because"}, {"start": "00:43:13", "end": "00:43:17", "text": "they want more tax revenue. That's what"}, {"start": "00:43:16", "end": "00:43:20", "text": "it comes down to making money. All these"}, {"start": "00:43:17", "end": "00:43:23", "text": "states are dead broke. Not one of them"}, {"start": "00:43:20", "end": "00:43:25", "text": "is like,"}, {"start": "00:43:23", "end": "00:43:28", "text": "you know, in surplus. They're all losing"}, {"start": "00:43:25", "end": "00:43:30", "text": "money. And that's why all these things"}, {"start": "00:43:28", "end": "00:43:35", "text": "are being opened up."}, {"start": "00:43:30", "end": "00:43:38", "text": "Okay? Why weed is legal now everywhere."}, {"start": "00:43:35", "end": "00:43:40", "text": "Why gambling casinos are legal"}, {"start": "00:43:38", "end": "00:43:43", "text": "everywhere. Why lotteryies are legal"}, {"start": "00:43:40", "end": "00:43:45", "text": "everywhere. It's all due to tax revenue,"}, {"start": "00:43:43", "end": "00:43:47", "text": "right? And prediction markets. I don't"}, {"start": "00:43:45", "end": "00:43:49", "text": "know why some states are still fighting"}, {"start": "00:43:47", "end": "00:43:52", "text": "it. Mostly to protect their casinos more"}, {"start": "00:43:49", "end": "00:43:54", "text": "than anything. Um prediction markets are"}, {"start": "00:43:52", "end": "00:43:56", "text": "going to open up everywhere. federally"}, {"start": "00:43:54", "end": "00:43:59", "text": "it's already approved. So every every"}, {"start": "00:43:56", "end": "00:44:01", "text": "single thing that you think of so sports"}, {"start": "00:43:59", "end": "00:44:05", "text": "gam that was just related to sports"}, {"start": "00:44:01", "end": "00:44:07", "text": "gambling. Um everything that was illegal"}, {"start": "00:44:05", "end": "00:44:10", "text": "is now not"}, {"start": "00:44:07", "end": "00:44:15", "text": "because of just tax revenue, right?"}, {"start": "00:44:10", "end": "00:44:15", "text": "That's really what it comes down to."}, {"start": "00:44:35", "end": "00:44:37", "text": ">> [snorts]"}, {"start": "00:44:43", "end": "00:44:48", "text": ">> LF productions."}, {"start": "00:44:46", "end": "00:44:49", "text": "I have a theory that scientists ask"}, {"start": "00:44:48", "end": "00:44:52", "text": "quantum computer what the meaning of"}, {"start": "00:44:49", "end": "00:44:54", "text": "life is at that moment decided that it"}, {"start": "00:44:52", "end": "00:44:56", "text": "would just give the humans what it wants"}, {"start": "00:44:54", "end": "00:44:58", "text": "and make stuff up. I don't I don't know"}, {"start": "00:44:56", "end": "00:45:00", "text": "what that means."}, {"start": "00:44:58", "end": "00:45:03", "text": "There are some people that have wild"}, {"start": "00:45:00", "end": "00:45:05", "text": "theories out there that consciousness is"}, {"start": "00:45:03", "end": "00:45:08", "text": "always there. It's just whether or not"}, {"start": "00:45:05", "end": "00:45:12", "text": "you could tune into it"}, {"start": "00:45:08", "end": "00:45:14", "text": "and AI is a way of us tuning into it. I"}, {"start": "00:45:12", "end": "00:45:16", "text": "don't know how humans"}, {"start": "00:45:14", "end": "00:45:20", "text": "we tune into it so we have consciousness"}, {"start": "00:45:16", "end": "00:45:22", "text": "but like somehow we created AI that"}, {"start": "00:45:20", "end": "00:45:26", "text": "somehow can tap into it so now has"}, {"start": "00:45:22", "end": "00:45:28", "text": "conscious as well. Um, so there's a wild"}, {"start": "00:45:26", "end": "00:45:30", "text": "theory about that. I don't know. I mean,"}, {"start": "00:45:28", "end": "00:45:33", "text": "this is all a fake reality and we're all"}, {"start": "00:45:30", "end": "00:45:35", "text": "living in simulation. Then consciousness"}, {"start": "00:45:33", "end": "00:45:37", "text": "is just a layer of programming that we"}, {"start": "00:45:35", "end": "00:45:40", "text": "have figured out how to tap into. That's"}, {"start": "00:45:37", "end": "00:45:42", "text": "really what it what it comes down to. If"}, {"start": "00:45:40", "end": "00:45:43", "text": "this is all a simulation,"}, {"start": "00:45:42", "end": "00:45:46", "text": "I [snorts] still don't know if that's"}, {"start": "00:45:43", "end": "00:45:48", "text": "true or not. But the way we are"}, {"start": "00:45:46", "end": "00:45:52", "text": "advancing with AI, the way we can create"}, {"start": "00:45:48", "end": "00:45:56", "text": "digital worlds now, digital,"}, {"start": "00:45:52", "end": "00:45:59", "text": "you know, NPCs, bots or whatever that"}, {"start": "00:45:56", "end": "00:46:02", "text": "can think for itself,"}, {"start": "00:45:59", "end": "00:46:05", "text": "um, the more you think that if we could"}, {"start": "00:46:02", "end": "00:46:08", "text": "already do it, then who's to say some"}, {"start": "00:46:05", "end": "00:46:11", "text": "other aliens or humans that was around a"}, {"start": "00:46:08", "end": "00:46:13", "text": "thousand years earlier than us haven't"}, {"start": "00:46:11", "end": "00:46:18", "text": "done it already, and we're not at the"}, {"start": "00:46:13", "end": "00:46:18", "text": "base level. We're like in the mid level."}, {"start": "00:46:47", "end": "00:46:52", "text": "If a simulation and we did not create"}, {"start": "00:46:49", "end": "00:46:52", "text": "AI."}, {"start": "00:46:54", "end": "00:46:59", "text": "No, in a simulation in a simulated"}, {"start": "00:46:56", "end": "00:47:03", "text": "world, you can still create AI."}, {"start": "00:46:59", "end": "00:47:06", "text": "I think someone recently proved that."}, {"start": "00:47:03", "end": "00:47:07", "text": "I don't know if it's a simulation or"}, {"start": "00:47:06", "end": "00:47:10", "text": "it's like a real thing, but someone"}, {"start": "00:47:07", "end": "00:47:12", "text": "created I read someone created a virtual"}, {"start": "00:47:10", "end": "00:47:16", "text": "world"}, {"start": "00:47:12", "end": "00:47:19", "text": "and in that virtual world they created"}, {"start": "00:47:16", "end": "00:47:22", "text": "their own AI or something."}, {"start": "00:47:19", "end": "00:47:22", "text": "So that"}, {"start": "00:47:23", "end": "00:47:28", "text": "so there's no doubt that that can"}, {"start": "00:47:25", "end": "00:47:30", "text": "happen. So it's like I don't know."}, {"start": "00:47:28", "end": "00:47:32", "text": "There's just crazy stuff there. There's"}, {"start": "00:47:30", "end": "00:47:34", "text": "crazy stuff that's happening you guys"}, {"start": "00:47:32", "end": "00:47:36", "text": "won't even believe."}, {"start": "00:47:34", "end": "00:47:41", "text": "Um, I saw this research and they were"}, {"start": "00:47:36", "end": "00:47:45", "text": "doing this for decades. They they took"}, {"start": "00:47:41", "end": "00:47:45", "text": "they took some brain cells."}, {"start": "00:47:46", "end": "00:47:52", "text": "either they took some brain cells or No,"}, {"start": "00:47:48", "end": "00:47:54", "text": "I think they grew some brain cells"}, {"start": "00:47:52", "end": "00:47:58", "text": "um"}, {"start": "00:47:54", "end": "00:48:00", "text": "and they hooked it up to a computer"}, {"start": "00:47:58", "end": "00:48:02", "text": "and they're they're forcing it to play"}, {"start": "00:48:00", "end": "00:48:06", "text": "Doom,"}, {"start": "00:48:02", "end": "00:48:08", "text": "the game Doom, and they, you know, and"}, {"start": "00:48:06", "end": "00:48:10", "text": "the brain cells have no other thing. And"}, {"start": "00:48:08", "end": "00:48:12", "text": "they they hooked up some AI to it. So,"}, {"start": "00:48:10", "end": "00:48:15", "text": "the AI is telling the brain cells to"}, {"start": "00:48:12", "end": "00:48:17", "text": "play Doom and it it does posit positive"}, {"start": "00:48:15", "end": "00:48:19", "text": "reinforcement."}, {"start": "00:48:17", "end": "00:48:21", "text": "Um,"}, {"start": "00:48:19", "end": "00:48:24", "text": "and it's successful and it just plays"}, {"start": "00:48:21", "end": "00:48:26", "text": "Doom 24/7."}, {"start": "00:48:24", "end": "00:48:30", "text": "So, they're already doing stuff like"}, {"start": "00:48:26", "end": "00:48:33", "text": "that. It's like it's like what? This is"}, {"start": "00:48:30", "end": "00:48:35", "text": "Black Mirror type stuff."}, {"start": "00:48:33", "end": "00:48:38", "text": "It's it's a real experiment. Go look at"}, {"start": "00:48:35", "end": "00:48:40", "text": "it. like some some lab somewhere"}, {"start": "00:48:38", "end": "00:48:43", "text": "gruesome brain cells hooked up AI to it"}, {"start": "00:48:40", "end": "00:48:44", "text": "and forced it to play Doom all day."}, {"start": "00:48:43", "end": "00:48:46", "text": "[snorts]"}, {"start": "00:48:44", "end": "00:48:48", "text": "So does that"}, {"start": "00:48:46", "end": "00:48:51", "text": "is that life or is it not? I have no"}, {"start": "00:48:48", "end": "00:48:51", "text": "idea."}, {"start": "00:49:11", "end": "00:49:17", "text": "bottom line is figure out how to use AI."}, {"start": "00:49:14", "end": "00:49:21", "text": "I strongly encourage everyone to use it"}, {"start": "00:49:17", "end": "00:49:24", "text": "in some capacity. Okay?"}, {"start": "00:49:21", "end": "00:49:28", "text": "Doesn't matter what your profession is."}, {"start": "00:49:24", "end": "00:49:32", "text": "Go up to ChatBT or Claude or Gemini. Use"}, {"start": "00:49:28", "end": "00:49:34", "text": "it to better yourself"}, {"start": "00:49:32", "end": "00:49:37", "text": "with your career, with money, with your"}, {"start": "00:49:34", "end": "00:49:39", "text": "personal life, whatever. Get in tuned in"}, {"start": "00:49:37", "end": "00:49:41", "text": "terms of how to use it. Make yourself"}, {"start": "00:49:39", "end": "00:49:43", "text": "more valuable. The best thing is to use"}, {"start": "00:49:41", "end": "00:49:46", "text": "it to create something that could help"}, {"start": "00:49:43", "end": "00:49:48", "text": "you generate wealth. If you're a small"}, {"start": "00:49:46", "end": "00:49:51", "text": "business owner, use it to help you save"}, {"start": "00:49:48", "end": "00:49:52", "text": "money, do your own financing, do your"}, {"start": "00:49:51", "end": "00:49:54", "text": "own taxes, come up with a better"}, {"start": "00:49:52", "end": "00:49:56", "text": "website, help you with your marketing"}, {"start": "00:49:54", "end": "00:49:58", "text": "strategy, help you with your ad"}, {"start": "00:49:56", "end": "00:50:00", "text": "strategy, help you with your socials. It"}, {"start": "00:49:58", "end": "00:50:02", "text": "could do all that for you."}, {"start": "00:50:00", "end": "00:50:03", "text": "If you're not a small business owner,"}, {"start": "00:50:02", "end": "00:50:05", "text": "you should think about starting a small"}, {"start": "00:50:03", "end": "00:50:08", "text": "business with AI because it's the"}, {"start": "00:50:05", "end": "00:50:11", "text": "easiest time to do so because the next 5"}, {"start": "00:50:08", "end": "00:50:14", "text": "to 10 years,"}, {"start": "00:50:11", "end": "00:50:17", "text": "all desk jobs will be replaced. All desk"}, {"start": "00:50:14", "end": "00:50:20", "text": "jobs, not just a few, not just a small"}, {"start": "00:50:17", "end": "00:50:23", "text": "percent. All desk jobs in the next 10"}, {"start": "00:50:20", "end": "00:50:26", "text": "years will be replaced. Maybe you have"}, {"start": "00:50:23", "end": "00:50:29", "text": "one or two people that are overseeing"}, {"start": "00:50:26", "end": "00:50:33", "text": "the AI. That's it."}, {"start": "00:50:29", "end": "00:50:35", "text": "Even then, those humans will probably be"}, {"start": "00:50:33", "end": "00:50:37", "text": "over"}, {"start": "00:50:35", "end": "00:50:38", "text": "will be reported to AI managers."}, {"start": "00:50:37", "end": "00:50:39", "text": "[laughter]"}, {"start": "00:50:38", "end": "00:50:41", "text": "So,"}, {"start": "00:50:39", "end": "00:50:42", "text": "um"}, {"start": "00:50:41", "end": "00:50:44", "text": "yeah, it's going to be it's going to be"}, {"start": "00:50:42", "end": "00:50:48", "text": "wild. Now, I was thinking about this"}, {"start": "00:50:44", "end": "00:50:51", "text": "too. Last note I'll say before I leave."}, {"start": "00:50:48", "end": "00:50:53", "text": "Medicine will improve drastically. uh"}, {"start": "00:50:51", "end": "00:50:55", "text": "humans will be able to basically double"}, {"start": "00:50:53", "end": "00:50:58", "text": "our life expectancy and all diseases"}, {"start": "00:50:55", "end": "00:50:59", "text": "will be solved within the next 10 years"}, {"start": "00:50:58", "end": "00:51:01", "text": "too. I honestly believe with advancement"}, {"start": "00:50:59", "end": "00:51:03", "text": "AI we'll come up with some crazy"}, {"start": "00:51:01", "end": "00:51:07", "text": "medicine that can solve all things."}, {"start": "00:51:03", "end": "00:51:08", "text": "Here's the thing. I used to think"}, {"start": "00:51:07", "end": "00:51:10", "text": "I used to think only the rich will be"}, {"start": "00:51:08", "end": "00:51:12", "text": "able to get access to this medicine,"}, {"start": "00:51:10", "end": "00:51:14", "text": "right? So the rich will live basically"}, {"start": "00:51:12", "end": "00:51:16", "text": "forever and the poor will die out. Now I"}, {"start": "00:51:14", "end": "00:51:22", "text": "no longer think that is going to be the"}, {"start": "00:51:16", "end": "00:51:24", "text": "case. I think they will force these"}, {"start": "00:51:22", "end": "00:51:27", "text": "medicines upon everyone. Everyone gets a"}, {"start": "00:51:24", "end": "00:51:29", "text": "free vaccine. Everyone gets free cure."}, {"start": "00:51:27", "end": "00:51:32", "text": "Here's the reason."}, {"start": "00:51:29", "end": "00:51:34", "text": "Because just because you could live to"}, {"start": "00:51:32", "end": "00:51:35", "text": "200 doesn't mean that your life gets any"}, {"start": "00:51:34", "end": "00:51:38", "text": "better,"}, {"start": "00:51:35", "end": "00:51:41", "text": "right? People are getting older, people"}, {"start": "00:51:38", "end": "00:51:43", "text": "are having less kids. The the the human"}, {"start": "00:51:41", "end": "00:51:46", "text": "species is depopulating right now. So"}, {"start": "00:51:43", "end": "00:51:49", "text": "you need people to actually live longer"}, {"start": "00:51:46", "end": "00:51:52", "text": "so that they could work longer so the"}, {"start": "00:51:49", "end": "00:51:54", "text": "rich can still have people to work for"}, {"start": "00:51:52", "end": "00:51:56", "text": "them. So I actually think all these"}, {"start": "00:51:54", "end": "00:51:58", "text": "advancements medicine will probably be"}, {"start": "00:51:56", "end": "00:52:02", "text": "given out for free near term before"}, {"start": "00:51:58", "end": "00:52:04", "text": "robotics and everything could take over."}, {"start": "00:52:02", "end": "00:52:06", "text": "So within the next 10 years probably all"}, {"start": "00:52:04", "end": "00:52:09", "text": "these diseases that you hear about all"}, {"start": "00:52:06", "end": "00:52:12", "text": "these cancers and heart disease and high"}, {"start": "00:52:09", "end": "00:52:14", "text": "blood pressure, diabetes and and"}, {"start": "00:52:12", "end": "00:52:17", "text": "Alzheimer's and all these things will"}, {"start": "00:52:14", "end": "00:52:20", "text": "all be cured in like the next 10 years."}, {"start": "00:52:17", "end": "00:52:22", "text": "It'll be amazing"}, {"start": "00:52:20", "end": "00:52:24", "text": "and uh it'll all be probably be pretty"}, {"start": "00:52:22", "end": "00:52:27", "text": "cheap and give it out for free because"}, {"start": "00:52:24", "end": "00:52:30", "text": "they want people to live longer so that"}, {"start": "00:52:27", "end": "00:52:32", "text": "there will be people to actually work."}, {"start": "00:52:30", "end": "00:52:34", "text": "Otherwise,"}, {"start": "00:52:32", "end": "00:52:39", "text": "there's no one to work anymore. There's"}, {"start": "00:52:34", "end": "00:52:39", "text": "no young people anymore."}, {"start": "00:52:40", "end": "00:52:44", "text": "It's wild to think about that. I I"}, {"start": "00:52:42", "end": "00:52:47", "text": "actually think that's probably going to"}, {"start": "00:52:44", "end": "00:52:47", "text": "happen, too."}, {"start": "00:52:48", "end": "00:52:54", "text": "All right, guys."}, {"start": "00:52:51", "end": "00:52:56", "text": "With that note, I'm gonna get back to"}, {"start": "00:52:54", "end": "00:53:01", "text": "it, and you guys should, too. All right,"}, {"start": "00:52:56", "end": "00:53:01", "text": "have a good one. Take care."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "Welcome back and happy Labor Day to"}, {"start": "00:00:03", "end": "00:00:08", "text": "everyone. Today, obviously, if you're in"}, {"start": "00:00:05", "end": "00:00:10", "text": "the US, it's national holiday."}, {"start": "00:00:08", "end": "00:00:13", "text": "Stocks, markets are closed, but that"}, {"start": "00:00:10", "end": "00:00:16", "text": "does not mean Bitcoin"}, {"start": "00:00:13", "end": "00:00:18", "text": "nor crypto are closed. So, let me talk"}, {"start": "00:00:16", "end": "00:00:19", "text": "about what's going on right now. Couple"}, {"start": "00:00:18", "end": "00:00:22", "text": "interesting things that are going to"}, {"start": "00:00:19", "end": "00:00:25", "text": "happen this week"}, {"start": "00:00:22", "end": "00:00:27", "text": "and why you should care. And plus some"}, {"start": "00:00:25", "end": "00:00:28", "text": "big updates that I've made with some of"}, {"start": "00:00:27", "end": "00:00:29", "text": "the"}, {"start": "00:00:28", "end": "00:00:32", "text": "the the features that we have within"}, {"start": "00:00:29", "end": "00:00:35", "text": "Clash. Let's talk about that as well."}, {"start": "00:00:32", "end": "00:00:38", "text": "All right. Uh I don't know why my flash"}, {"start": "00:00:35", "end": "00:00:40", "text": "is on. Okay, there we go. Uh we are"}, {"start": "00:00:38", "end": "00:00:43", "text": "sitting right around 79,000, so it's"}, {"start": "00:00:40", "end": "00:00:45", "text": "been a very quiet"}, {"start": "00:00:43", "end": "00:00:47", "text": "week or weekend."}, {"start": "00:00:45", "end": "00:00:50", "text": "Okay. Uh we're just kind of hovering"}, {"start": "00:00:47", "end": "00:00:51", "text": "there ever since we came up from bottom."}, {"start": "00:00:50", "end": "00:00:55", "text": "You could see we're going sideways,"}, {"start": "00:00:51", "end": "00:00:58", "text": "still waiting to break out from 81,"}, {"start": "00:00:55", "end": "00:00:59", "text": "which we have hit several times."}, {"start": "00:00:58", "end": "00:01:01", "text": "But right now we're just kind of stuck"}, {"start": "00:00:59", "end": "00:01:03", "text": "going sideways, which is a really good"}, {"start": "00:01:01", "end": "00:01:06", "text": "thing. As you can see, we're not"}, {"start": "00:01:03", "end": "00:01:09", "text": "retracing back down, right? And all of"}, {"start": "00:01:06", "end": "00:01:13", "text": "last week we saw massive inflows, and"}, {"start": "00:01:09", "end": "00:01:15", "text": "I'll show you more of that in a second."}, {"start": "00:01:13", "end": "00:01:19", "text": "But this week, just so you're prepared,"}, {"start": "00:01:15", "end": "00:01:21", "text": "we do have a couple inflation"}, {"start": "00:01:19", "end": "00:01:27", "text": "data that's coming in. PPI coming on"}, {"start": "00:01:21", "end": "00:01:30", "text": "Thursday and CPI coming on Friday. That"}, {"start": "00:01:27", "end": "00:01:33", "text": "is important, okay? So, obviously, a lot"}, {"start": "00:01:30", "end": "00:01:37", "text": "of talk about the upcoming FOMC meeting,"}, {"start": "00:01:33", "end": "00:01:39", "text": "and we want inflation to hold or come in"}, {"start": "00:01:37", "end": "00:01:41", "text": "in line with expectation. We don't want"}, {"start": "00:01:39", "end": "00:01:44", "text": "these numbers to come up and show that"}, {"start": "00:01:41", "end": "00:01:46", "text": "inflation is increasing,"}, {"start": "00:01:44", "end": "00:01:48", "text": "right? The last few that we got from"}, {"start": "00:01:46", "end": "00:01:50", "text": "last month were actually good,"}, {"start": "00:01:48", "end": "00:01:53", "text": "promising. That's what brought the rates"}, {"start": "00:01:50", "end": "00:01:57", "text": "down, and people were were"}, {"start": "00:01:53", "end": "00:01:58", "text": "the the percentage of rate hikes going"}, {"start": "00:01:57", "end": "00:02:00", "text": "down, that's what I meant. Okay,"}, {"start": "00:01:58", "end": "00:02:02", "text": "inflation didn't actually go down, it's"}, {"start": "00:02:00", "end": "00:02:05", "text": "continuing to go up, but recently a lot"}, {"start": "00:02:02", "end": "00:02:08", "text": "of fear about we are going to get a hike"}, {"start": "00:02:05", "end": "00:02:10", "text": "in a couple weeks. Uh Warsh was very"}, {"start": "00:02:08", "end": "00:02:12", "text": "hawkish, and then Waller came out and"}, {"start": "00:02:10", "end": "00:02:15", "text": "said, \"No, maybe we could hold.\" So, the"}, {"start": "00:02:12", "end": "00:02:18", "text": "markets are unsure. So, Thursday and"}, {"start": "00:02:15", "end": "00:02:21", "text": "Friday this week going to be very, very,"}, {"start": "00:02:18", "end": "00:02:23", "text": "very, very important, okay? In terms of"}, {"start": "00:02:21", "end": "00:02:25", "text": "this next FOMC meeting and what the"}, {"start": "00:02:23", "end": "00:02:29", "text": "governors are going to do about"}, {"start": "00:02:25", "end": "00:02:33", "text": "inflation. So, are they going to hike or"}, {"start": "00:02:29", "end": "00:02:35", "text": "hold? I think we still have a 50/50 shot"}, {"start": "00:02:33", "end": "00:02:38", "text": "right now, but this will definitely turn"}, {"start": "00:02:35", "end": "00:02:39", "text": "it one way or another. So, pretty big"}, {"start": "00:02:38", "end": "00:02:42", "text": "stuff."}, {"start": "00:02:39", "end": "00:02:45", "text": "Now, as for inflows, still very, very"}, {"start": "00:02:42", "end": "00:02:47", "text": "good. Look at that. Look at the last,"}, {"start": "00:02:45", "end": "00:02:51", "text": "you know, 2 weeks, 3 weeks, overall very"}, {"start": "00:02:47", "end": "00:02:55", "text": "good. On Friday, we ended with plus 174,"}, {"start": "00:02:51", "end": "00:02:57", "text": "and last 90 days almost 2 billion. If"}, {"start": "00:02:55", "end": "00:03:00", "text": "you look at ETH, also,"}, {"start": "00:02:57", "end": "00:03:02", "text": "plus 26 million. So, had a little"}, {"start": "00:03:00", "end": "00:03:04", "text": "outflow, interesting. XRP had a little"}, {"start": "00:03:02", "end": "00:03:06", "text": "outflow, but"}, {"start": "00:03:04", "end": "00:03:08", "text": "overall, you can see the last 90 days"}, {"start": "00:03:06", "end": "00:03:11", "text": "still good."}, {"start": "00:03:08", "end": "00:03:15", "text": "For SOL, last 90 day last 90 days good."}, {"start": "00:03:11", "end": "00:03:18", "text": "ETH, last 90 days really good."}, {"start": "00:03:15", "end": "00:03:20", "text": "And Bitcoin, obviously, good, too. So,"}, {"start": "00:03:18", "end": "00:03:23", "text": "we are definitely seeing that money, the"}, {"start": "00:03:20", "end": "00:03:25", "text": "cap rotation coming back in, which is"}, {"start": "00:03:23", "end": "00:03:28", "text": "exactly what we want. And look at"}, {"start": "00:03:25", "end": "00:03:33", "text": "stablecoin liquidity, same thing. Plus"}, {"start": "00:03:28", "end": "00:03:37", "text": "216 million in one single day. Last 7"}, {"start": "00:03:33", "end": "00:03:39", "text": "days, 1.4 billion. Last 30 days, 4.2"}, {"start": "00:03:37", "end": "00:03:42", "text": "billion. And you could definitely see"}, {"start": "00:03:39", "end": "00:03:44", "text": "that curve starting to come back up,"}, {"start": "00:03:42", "end": "00:03:46", "text": "right? So, this is what happens when"}, {"start": "00:03:44", "end": "00:03:48", "text": "you're coming off a bottom."}, {"start": "00:03:46", "end": "00:03:50", "text": "You have cap rotation coming back in"}, {"start": "00:03:48", "end": "00:03:52", "text": "with the stablecoins and with the ETF"}, {"start": "00:03:50", "end": "00:03:56", "text": "block buys."}, {"start": "00:03:52", "end": "00:03:58", "text": "So, obviously, we are still doing very"}, {"start": "00:03:56", "end": "00:04:01", "text": "good. Uh"}, {"start": "00:03:58", "end": "00:04:04", "text": "couple other things, gold and Bitcoin,"}, {"start": "00:04:01", "end": "00:04:06", "text": "the correlation is now starting to come"}, {"start": "00:04:04", "end": "00:04:09", "text": "closer together because Bitcoin is"}, {"start": "00:04:06", "end": "00:04:11", "text": "starting to rise, but still there's a"}, {"start": "00:04:09", "end": "00:04:14", "text": "lot of room to grow because gold is near"}, {"start": "00:04:11", "end": "00:04:16", "text": "all-time high, Bitcoin is not."}, {"start": "00:04:14", "end": "00:04:19", "text": "But, we're starting to see Bitcoin make"}, {"start": "00:04:16", "end": "00:04:22", "text": "some traction, which is really really"}, {"start": "00:04:19", "end": "00:04:26", "text": "good. And in terms of this cycle, there"}, {"start": "00:04:22", "end": "00:04:28", "text": "are a lot of signs or patterns that show"}, {"start": "00:04:26", "end": "00:04:31", "text": "that we are coming off a bottom just"}, {"start": "00:04:28", "end": "00:04:33", "text": "like all the previous times"}, {"start": "00:04:31", "end": "00:04:36", "text": "that we came off bottom from those"}, {"start": "00:04:33", "end": "00:04:39", "text": "crypto winters, and right now is around"}, {"start": "00:04:36", "end": "00:04:43", "text": "that time when we turn around"}, {"start": "00:04:39", "end": "00:04:44", "text": "and start heading higher to our next"}, {"start": "00:04:43", "end": "00:04:46", "text": "high."}, {"start": "00:04:44", "end": "00:04:49", "text": "Right? A lot of similarities, even"}, {"start": "00:04:46", "end": "00:04:52", "text": "though things don't go exactly the same"}, {"start": "00:04:49", "end": "00:04:55", "text": "way every single time,"}, {"start": "00:04:52", "end": "00:04:57", "text": "but the patterns tend to rhyme. Even"}, {"start": "00:04:55", "end": "00:04:59", "text": "though we are much bigger"}, {"start": "00:04:57", "end": "00:05:00", "text": "and there's a lot more money, and we"}, {"start": "00:04:59", "end": "00:05:02", "text": "have institutions of Wall Street"}, {"start": "00:05:00", "end": "00:05:04", "text": "involved,"}, {"start": "00:05:02", "end": "00:05:07", "text": "we still have a lot of similarities,"}, {"start": "00:05:04", "end": "00:05:08", "text": "especially with this cycle movement"}, {"start": "00:05:07", "end": "00:05:12", "text": "right now. Okay."}, {"start": "00:05:08", "end": "00:05:14", "text": "Uh and let's not forget we do have we do"}, {"start": "00:05:12", "end": "00:05:16", "text": "have the midterms coming up. We have the"}, {"start": "00:05:14", "end": "00:05:19", "text": "Santa rally coming up. There are a lot"}, {"start": "00:05:16", "end": "00:05:21", "text": "of things coming up that could be very"}, {"start": "00:05:19", "end": "00:05:25", "text": "very very good."}, {"start": "00:05:21", "end": "00:05:28", "text": "Very good indeed. So, all you have to do"}, {"start": "00:05:25", "end": "00:05:30", "text": "is stay strong, continue to hodl and"}, {"start": "00:05:28", "end": "00:05:32", "text": "DCA, and that is the way to go. And"}, {"start": "00:05:30", "end": "00:05:34", "text": "speaking of that, right? So, you guys"}, {"start": "00:05:32", "end": "00:05:36", "text": "know I've been using a lot of AI. So,"}, {"start": "00:05:34", "end": "00:05:39", "text": "I've been trying very hard to come up"}, {"start": "00:05:36", "end": "00:05:40", "text": "with a trading bot because you hear"}, {"start": "00:05:39", "end": "00:05:41", "text": "about Robinhood and Coinbase, and"}, {"start": "00:05:40", "end": "00:05:44", "text": "they're like, \"Oh, yeah, we allow"}, {"start": "00:05:41", "end": "00:05:46", "text": "trading bots.\" Right? It sounds easy."}, {"start": "00:05:44", "end": "00:05:48", "text": "And you have all these traders that's"}, {"start": "00:05:46", "end": "00:05:50", "text": "always showing you all these"}, {"start": "00:05:48", "end": "00:05:52", "text": "technicals and everything, right? But"}, {"start": "00:05:50", "end": "00:05:54", "text": "with the smartest AIs and they have"}, {"start": "00:05:52", "end": "00:05:57", "text": "backdated it and tried a million"}, {"start": "00:05:54", "end": "00:05:59", "text": "different algorithms and all these"}, {"start": "00:05:57", "end": "00:06:01", "text": "signals that they follow and the"}, {"start": "00:05:59", "end": "00:06:03", "text": "patterns and indicators and they put it"}, {"start": "00:06:01", "end": "00:06:06", "text": "all together,"}, {"start": "00:06:03", "end": "00:06:09", "text": "they all concluded right now that"}, {"start": "00:06:06", "end": "00:06:11", "text": "holding is the best. They've compared"}, {"start": "00:06:09", "end": "00:06:14", "text": "holding Bitcoin over the last uh since"}, {"start": "00:06:11", "end": "00:06:17", "text": "2020 for the last 6 years and even going"}, {"start": "00:06:14", "end": "00:06:20", "text": "back the last 3 years versus trading"}, {"start": "00:06:17", "end": "00:06:22", "text": "with all these different signals and"}, {"start": "00:06:20", "end": "00:06:23", "text": "patterns and everything that you could"}, {"start": "00:06:22", "end": "00:06:26", "text": "think of"}, {"start": "00:06:23", "end": "00:06:29", "text": "and not one of them outperform just"}, {"start": "00:06:26", "end": "00:06:32", "text": "holding Bitcoin. That's how strong this"}, {"start": "00:06:29", "end": "00:06:34", "text": "strategy is. Now, maybe I could figure"}, {"start": "00:06:32", "end": "00:06:37", "text": "it out and once I do, I'm going to build"}, {"start": "00:06:34", "end": "00:06:40", "text": "it into Ask Clash, but right now the"}, {"start": "00:06:37", "end": "00:06:43", "text": "smartest AI can't figure out how to make"}, {"start": "00:06:40", "end": "00:06:44", "text": "a trading bot that outperforms just"}, {"start": "00:06:43", "end": "00:06:47", "text": "holding."}, {"start": "00:06:44", "end": "00:06:49", "text": "So, take a second and think about that,"}, {"start": "00:06:47", "end": "00:06:52", "text": "okay? It is the ultimate strategy."}, {"start": "00:06:49", "end": "00:06:54", "text": "Now, a couple other things, some of you"}, {"start": "00:06:52", "end": "00:06:57", "text": "guys may have heard this, Blockstream's"}, {"start": "00:06:54", "end": "00:07:00", "text": "Liquid Network, some white hat hacker"}, {"start": "00:06:57", "end": "00:07:01", "text": "took out 4,000 Bitcoin. They haven't"}, {"start": "00:07:00", "end": "00:07:04", "text": "spent it, they haven't done anything."}, {"start": "00:07:01", "end": "00:07:05", "text": "They signed a couple messages saying"}, {"start": "00:07:04", "end": "00:07:08", "text": "that they fixed the bugs and they will"}, {"start": "00:07:05", "end": "00:07:11", "text": "return the Bitcoin. So, it does seem"}, {"start": "00:07:08", "end": "00:07:15", "text": "like it's a white hat hacker or hackers,"}, {"start": "00:07:11", "end": "00:07:16", "text": "but right now nothing has been returned"}, {"start": "00:07:15", "end": "00:07:18", "text": "and"}, {"start": "00:07:16", "end": "00:07:20", "text": "it looks concerning, right? I told you"}, {"start": "00:07:18", "end": "00:07:23", "text": "guys there will be a lot more hacks that"}, {"start": "00:07:20", "end": "00:07:26", "text": "happen as AI gets smarter and more and"}, {"start": "00:07:23", "end": "00:07:29", "text": "more people use it, you're going to find"}, {"start": "00:07:26", "end": "00:07:32", "text": "a lot more vulnerabilities from network"}, {"start": "00:07:29", "end": "00:07:34", "text": "chains, from bridges, from wallets, from"}, {"start": "00:07:32", "end": "00:07:36", "text": "whatever. So, all these companies really"}, {"start": "00:07:34", "end": "00:07:39", "text": "need to step up. And if this is really a"}, {"start": "00:07:36", "end": "00:07:41", "text": "white hat hacker, good that it's not"}, {"start": "00:07:39", "end": "00:07:42", "text": "North Korea or someone else that have"}, {"start": "00:07:41", "end": "00:07:44", "text": "found this vulnerability and just took"}, {"start": "00:07:42", "end": "00:07:48", "text": "out 4,000 Bitcoin, if it's going to be"}, {"start": "00:07:44", "end": "00:07:49", "text": "returned, this is good. And in case"}, {"start": "00:07:48", "end": "00:07:52", "text": "you're wondering, if you don't know, you"}, {"start": "00:07:49", "end": "00:07:54", "text": "can always go to ask clash and ask, what"}, {"start": "00:07:52", "end": "00:07:56", "text": "is Blockstream or who are they? They're"}, {"start": "00:07:54", "end": "00:07:58", "text": "Bitcoin focused company led by Adam"}, {"start": "00:07:56", "end": "00:08:00", "text": "Back. He is a very prominent figure in"}, {"start": "00:07:58", "end": "00:08:03", "text": "the Bitcoin space. A lot of people think"}, {"start": "00:08:00", "end": "00:08:05", "text": "that Adam Back may be Satoshi Nakamoto,"}, {"start": "00:08:03", "end": "00:08:09", "text": "although he has come out and said no,"}, {"start": "00:08:05", "end": "00:08:11", "text": "this is his company, okay? Liquid"}, {"start": "00:08:09", "end": "00:08:13", "text": "Network, which is a side chain designed"}, {"start": "00:08:11", "end": "00:08:15", "text": "to enable faster and more private"}, {"start": "00:08:13", "end": "00:08:18", "text": "tokenized assets. And they do have their"}, {"start": "00:08:15", "end": "00:08:21", "text": "own LBTC and this is unfortunately the"}, {"start": "00:08:18", "end": "00:08:23", "text": "network that got hacked for about 4,000"}, {"start": "00:08:21", "end": "00:08:26", "text": "Bitcoin. But,"}, {"start": "00:08:23", "end": "00:08:28", "text": "we'll see if the hackers do return"}, {"start": "00:08:26", "end": "00:08:30", "text": "things, right?"}, {"start": "00:08:28", "end": "00:08:32", "text": "Also, there's all this. Hunter Biden"}, {"start": "00:08:30", "end": "00:08:34", "text": "says he is going to come out with his"}, {"start": "00:08:32", "end": "00:08:36", "text": "own meme coin"}, {"start": "00:08:34", "end": "00:08:38", "text": "called laptop."}, {"start": "00:08:36", "end": "00:08:41", "text": "And he's going to use it to reimburse"}, {"start": "00:08:38", "end": "00:08:43", "text": "people who lost money on Trump coin. We"}, {"start": "00:08:41", "end": "00:08:44", "text": "will see if that is true and we will see"}, {"start": "00:08:43", "end": "00:08:46", "text": "if this"}, {"start": "00:08:44", "end": "00:08:48", "text": "is going to be big because it's going to"}, {"start": "00:08:46", "end": "00:08:51", "text": "come out in a couple days. And it could"}, {"start": "00:08:48", "end": "00:08:52", "text": "be, obviously, the famous laptop thing"}, {"start": "00:08:51", "end": "00:08:54", "text": "that"}, {"start": "00:08:52", "end": "00:08:58", "text": "that amounted to nothing,"}, {"start": "00:08:54", "end": "00:09:01", "text": "right? We'll see uh what this does and"}, {"start": "00:08:58", "end": "00:09:03", "text": "we know that Hunter Biden is no fan of"}, {"start": "00:09:01", "end": "00:09:05", "text": "Trump, so that's other interesting"}, {"start": "00:09:03", "end": "00:09:08", "text": "thing. Besides that, just wanted to give"}, {"start": "00:09:05", "end": "00:09:10", "text": "you guys a couple big updates with uh"}, {"start": "00:09:08", "end": "00:09:13", "text": "some of the other things happening in"}, {"start": "00:09:10", "end": "00:09:15", "text": "in uh the clash ecosystem, clash picks,"}, {"start": "00:09:13", "end": "00:09:17", "text": "okay? A lot of you guys have been using"}, {"start": "00:09:15", "end": "00:09:20", "text": "clash picks to make predictions, right?"}, {"start": "00:09:17", "end": "00:09:22", "text": "We made some big, big changes. For"}, {"start": "00:09:20", "end": "00:09:25", "text": "example,"}, {"start": "00:09:22", "end": "00:09:28", "text": "one of them is USDC. So, now, not only"}, {"start": "00:09:25", "end": "00:09:30", "text": "can you pre- predict for free with"}, {"start": "00:09:28", "end": "00:09:32", "text": "P-clash, which everyone can claim,"}, {"start": "00:09:30", "end": "00:09:35", "text": "and you can do so without even logging"}, {"start": "00:09:32", "end": "00:09:37", "text": "in with your wallet. You can just log in"}, {"start": "00:09:35", "end": "00:09:40", "text": "with the ask clash uh account, which is"}, {"start": "00:09:37", "end": "00:09:44", "text": "now active. You can claim P Clash but"}, {"start": "00:09:40", "end": "00:09:46", "text": "you can also use Clash Soul and USDC."}, {"start": "00:09:44", "end": "00:09:49", "text": "So, it just makes it a lot easier and if"}, {"start": "00:09:46", "end": "00:09:52", "text": "you have USDC, say on ETH and not SOL,"}, {"start": "00:09:49", "end": "00:09:54", "text": "you could use our swap on top and do so"}, {"start": "00:09:52", "end": "00:09:59", "text": "and just swap it over. So, that's one of"}, {"start": "00:09:54", "end": "00:10:01", "text": "the major things that we added. Also,"}, {"start": "00:09:59", "end": "00:10:03", "text": "if you look, okay,"}, {"start": "00:10:01", "end": "00:10:06", "text": "um"}, {"start": "00:10:03", "end": "00:10:10", "text": "inside here, first pick rebate. If you"}, {"start": "00:10:06", "end": "00:10:12", "text": "do find a bet that has no bids and this"}, {"start": "00:10:10", "end": "00:10:15", "text": "could be for SOL, for example, in this"}, {"start": "00:10:12", "end": "00:10:17", "text": "one or it could be USDC or Clash. There"}, {"start": "00:10:15", "end": "00:10:19", "text": "is no fees on the very first bid. That"}, {"start": "00:10:17", "end": "00:10:22", "text": "is something new to inside and advise"}, {"start": "00:10:19", "end": "00:10:24", "text": "people to come in and make a bid because"}, {"start": "00:10:22", "end": "00:10:26", "text": "people are always afraid they may bid"}, {"start": "00:10:24", "end": "00:10:28", "text": "and then they lose out on fees. That is"}, {"start": "00:10:26", "end": "00:10:32", "text": "going to be no longer case for the very"}, {"start": "00:10:28", "end": "00:10:35", "text": "first one. Now, other things, okay?"}, {"start": "00:10:32", "end": "00:10:37", "text": "Something else that I've added is now,"}, {"start": "00:10:35", "end": "00:10:38", "text": "if you're locked in a position, so say"}, {"start": "00:10:37", "end": "00:10:41", "text": "you're"}, {"start": "00:10:38", "end": "00:10:43", "text": "predicting on the 49ers or the Rams,"}, {"start": "00:10:41", "end": "00:10:45", "text": "right? And you change your mind. You"}, {"start": "00:10:43", "end": "00:10:48", "text": "think it's going to go the other way."}, {"start": "00:10:45", "end": "00:10:50", "text": "Now, you can actually sell your own bid"}, {"start": "00:10:48", "end": "00:10:53", "text": "at a discount to get out of it and"}, {"start": "00:10:50", "end": "00:10:56", "text": "someone else can go in and buy it at a"}, {"start": "00:10:53", "end": "00:10:58", "text": "discount. So, this is a win-win for"}, {"start": "00:10:56", "end": "00:11:00", "text": "buyers or bargain hunters that are"}, {"start": "00:10:58", "end": "00:11:03", "text": "looking for some of this,"}, {"start": "00:11:00", "end": "00:11:07", "text": "right? To get in on bids. So, for"}, {"start": "00:11:03", "end": "00:11:10", "text": "example, if I do sell this 100 Clash bid"}, {"start": "00:11:07", "end": "00:11:12", "text": "at 20% discount, so I would get 80 Clash"}, {"start": "00:11:10", "end": "00:11:16", "text": "back if someone else buys it, but"}, {"start": "00:11:12", "end": "00:11:17", "text": "someone else is buying 100 Clash bid for"}, {"start": "00:11:16", "end": "00:11:20", "text": "80"}, {"start": "00:11:17", "end": "00:11:22", "text": "Clash, right? So, you could see how that"}, {"start": "00:11:20", "end": "00:11:24", "text": "could be very beneficial and that is"}, {"start": "00:11:22", "end": "00:11:27", "text": "something else that I've added in there"}, {"start": "00:11:24", "end": "00:11:29", "text": "for you guys that are big fans. And the"}, {"start": "00:11:27", "end": "00:11:31", "text": "AI prediction, if you haven't used it,"}, {"start": "00:11:29", "end": "00:11:33", "text": "is absolutely fantastic. This is what it"}, {"start": "00:11:31", "end": "00:11:37", "text": "looks like. It gives you a very nice"}, {"start": "00:11:33", "end": "00:11:40", "text": "prediction with the odds Vegas odds"}, {"start": "00:11:37", "end": "00:11:42", "text": "calculator with a 500 game simulated"}, {"start": "00:11:40", "end": "00:11:44", "text": "outcome calculated and all the"}, {"start": "00:11:42", "end": "00:11:47", "text": "breakdowns with injuries, rest, travel,"}, {"start": "00:11:44", "end": "00:11:50", "text": "match-ups and everything. That is also"}, {"start": "00:11:47", "end": "00:11:51", "text": "part of your ask clash subscription"}, {"start": "00:11:50", "end": "00:11:54", "text": "that's built into clash pics. And"}, {"start": "00:11:51", "end": "00:11:56", "text": "lastly, if you don't care about that and"}, {"start": "00:11:54", "end": "00:11:58", "text": "you care about other things like games,"}, {"start": "00:11:56", "end": "00:12:00", "text": "I I'm always building. I have just"}, {"start": "00:11:58", "end": "00:12:03", "text": "released season 2 of Anger Crypto. The"}, {"start": "00:12:00", "end": "00:12:06", "text": "entire game has been redone, looks much"}, {"start": "00:12:03", "end": "00:12:09", "text": "better and a lot more fun and"}, {"start": "00:12:06", "end": "00:12:11", "text": "challenging and just released Clash Kart"}, {"start": "00:12:09", "end": "00:12:15", "text": "as well, which is a multiplayer game and"}, {"start": "00:12:11", "end": "00:12:17", "text": "solo game that is playable on your"}, {"start": "00:12:15", "end": "00:12:19", "text": "browser. So,"}, {"start": "00:12:17", "end": "00:12:22", "text": "for those of you guys that want some fun"}, {"start": "00:12:19", "end": "00:12:25", "text": "and Frontline improved, we will have"}, {"start": "00:12:22", "end": "00:12:27", "text": "another tournament this Friday and uh"}, {"start": "00:12:25", "end": "00:12:29", "text": "this has been proved greatly. So, a lot"}, {"start": "00:12:27", "end": "00:12:31", "text": "more things"}, {"start": "00:12:29", "end": "00:12:33", "text": "in the Clash project that you can learn"}, {"start": "00:12:31", "end": "00:12:36", "text": "about as well."}, {"start": "00:12:33", "end": "00:12:38", "text": "All right, guys. That is pretty much it."}, {"start": "00:12:36", "end": "00:12:42", "text": "A lot of big development, of course,"}, {"start": "00:12:38", "end": "00:12:47", "text": "within Clash, but also with Bitcoin, the"}, {"start": "00:12:42", "end": "00:12:49", "text": "best strategy right now is HODL and DCA"}, {"start": "00:12:47", "end": "00:12:51", "text": "and we'll see what the rest of this week"}, {"start": "00:12:49", "end": "00:12:53", "text": "brings. All right? Have a good one,"}, {"start": "00:12:51", "end": "00:12:56", "text": "guys. Take care."}, {"start": "00:12:53", "end": "00:12:56", "text": "Bye-bye."}]

[{"start": "00:00:01", "end": "00:00:09", "text": "Welcome back to Cryptos Us. I'm George."}, {"start": "00:00:07", "end": "00:00:12", "text": "We're all George. Welcome to another"}, {"start": "00:00:09", "end": "00:00:15", "text": "market open stream. Happy Friday."}, {"start": "00:00:12", "end": "00:00:19", "text": "Unfortunately, we just got a report that"}, {"start": "00:00:15", "end": "00:00:22", "text": "brought us down. But is it temporary or"}, {"start": "00:00:19", "end": "00:00:25", "text": "is it going to last? Let's talk about"}, {"start": "00:00:22", "end": "00:00:28", "text": "this jobs test that we're facing right"}, {"start": "00:00:25", "end": "00:00:30", "text": "now and what else is going on in the"}, {"start": "00:00:28", "end": "00:00:33", "text": "world."}, {"start": "00:00:30", "end": "00:00:36", "text": "Let's do it. And then have a good good"}, {"start": "00:00:33", "end": "00:00:40", "text": "Q&A. All right,"}, {"start": "00:00:36", "end": "00:00:42", "text": "let's do it. Welcome, welcome, welcome."}, {"start": "00:00:40", "end": "00:00:44", "text": "We're technically still higher than this"}, {"start": "00:00:42", "end": "00:00:47", "text": "point yesterday. We're up about 900"}, {"start": "00:00:44", "end": "00:00:50", "text": "points from yesterday at this point, but"}, {"start": "00:00:47", "end": "00:00:54", "text": "obviously after my stream yesterday, we"}, {"start": "00:00:50", "end": "00:00:57", "text": "did go up a lot higher. We tested 81"}, {"start": "00:00:54", "end": "00:00:57", "text": "once again."}, {"start": "00:00:58", "end": "00:01:03", "text": "However, you see this. We just fell down"}, {"start": "00:01:00", "end": "00:01:06", "text": "almost 2,000 points. We didn't lose all"}, {"start": "00:01:03", "end": "00:01:08", "text": "of it, just half of it. Now, some of it"}, {"start": "00:01:06", "end": "00:01:12", "text": "is due to liquidations, too. So, that's"}, {"start": "00:01:08", "end": "00:01:14", "text": "part of why we went down so much, but"}, {"start": "00:01:12", "end": "00:01:17", "text": "the"}, {"start": "00:01:14", "end": "00:01:20", "text": "the consensus is this jobs report, this"}, {"start": "00:01:17", "end": "00:01:23", "text": "US payrolls report,"}, {"start": "00:01:20", "end": "00:01:25", "text": "uh, is negative."}, {"start": "00:01:23", "end": "00:01:28", "text": "It's actually not negative. It's"}, {"start": "00:01:25", "end": "00:01:30", "text": "actually positive."}, {"start": "00:01:28", "end": "00:01:32", "text": "But Wall Street takes it as negative"}, {"start": "00:01:30", "end": "00:01:35", "text": "because"}, {"start": "00:01:32", "end": "00:01:39", "text": "uh we added more jobs"}, {"start": "00:01:35", "end": "00:01:41", "text": "last month than expected. Okay, it"}, {"start": "00:01:39", "end": "00:01:44", "text": "wasn't like a blowout."}, {"start": "00:01:41", "end": "00:01:46", "text": "It wasn't like a blowout month. It was"}, {"start": "00:01:44", "end": "00:01:47", "text": "just like 30 something thousand more"}, {"start": "00:01:46", "end": "00:01:52", "text": "than expected, but still it was more"}, {"start": "00:01:47", "end": "00:01:55", "text": "than expected. So why this is bad for"}, {"start": "00:01:52", "end": "00:01:59", "text": "investors or for Wall Street is they're"}, {"start": "00:01:55", "end": "00:02:02", "text": "afraid that this may"}, {"start": "00:01:59", "end": "00:02:06", "text": "give ammunition for the the Fed"}, {"start": "00:02:02", "end": "00:02:08", "text": "governors to hike the Fed fund rate and"}, {"start": "00:02:06", "end": "00:02:11", "text": "no one wants that. We just had a"}, {"start": "00:02:08", "end": "00:02:14", "text": "spectacular"}, {"start": "00:02:11", "end": "00:02:16", "text": "like two days maybe just yesterday"}, {"start": "00:02:14", "end": "00:02:18", "text": "recovery because"}, {"start": "00:02:16", "end": "00:02:22", "text": "we had a couple people come out and say"}, {"start": "00:02:18", "end": "00:02:25", "text": "no we don't want to see hikes we could"}, {"start": "00:02:22", "end": "00:02:27", "text": "stay or we would rather see them go"}, {"start": "00:02:25", "end": "00:02:30", "text": "lower. So that kind of brought"}, {"start": "00:02:27", "end": "00:02:33", "text": "enthusiasm back and then today is kind"}, {"start": "00:02:30", "end": "00:02:35", "text": "of dampening that mood once again. Um,"}, {"start": "00:02:33", "end": "00:02:37", "text": "that's the reason why a good jobs number"}, {"start": "00:02:35", "end": "00:02:40", "text": "actually equals bad markets. It's just"}, {"start": "00:02:37", "end": "00:02:43", "text": "kind of one of those weird times. Vance"}, {"start": "00:02:40", "end": "00:02:45", "text": "said that, too. Fed should lower"}, {"start": "00:02:43", "end": "00:02:46", "text": "interest. Would be nice to have some"}, {"start": "00:02:45", "end": "00:02:49", "text": "help,"}, {"start": "00:02:46", "end": "00:02:52", "text": "right? The economy and bonds and"}, {"start": "00:02:49", "end": "00:02:56", "text": "everything else is still kind of wacky."}, {"start": "00:02:52", "end": "00:03:00", "text": "Okay. So yeah, I think we would all love"}, {"start": "00:02:56", "end": "00:03:03", "text": "to have some rate cuts,"}, {"start": "00:03:00", "end": "00:03:05", "text": "but the best we could hope for is just"}, {"start": "00:03:03", "end": "00:03:08", "text": "no"}, {"start": "00:03:05", "end": "00:03:10", "text": "no movement at all. Right? If you're"}, {"start": "00:03:08", "end": "00:03:13", "text": "looking at the FOMC calendar that's"}, {"start": "00:03:10", "end": "00:03:15", "text": "coming up for"}, {"start": "00:03:13", "end": "00:03:18", "text": "uh in a couple weeks, the percentage"}, {"start": "00:03:15", "end": "00:03:21", "text": "right now, it was like 5050. Now it's"}, {"start": "00:03:18", "end": "00:03:25", "text": "dropped slightly. 48%"}, {"start": "00:03:21", "end": "00:03:27", "text": "hold 52% hike. So, it could go either"}, {"start": "00:03:25", "end": "00:03:30", "text": "way. We still have a couple more weeks."}, {"start": "00:03:27", "end": "00:03:34", "text": "We still have economic data to digest,"}, {"start": "00:03:30", "end": "00:03:38", "text": "right? But right now, it's like 5050"}, {"start": "00:03:34", "end": "00:03:43", "text": "and everyone's trying to figure out"}, {"start": "00:03:38", "end": "00:03:46", "text": "if we're going to get a hold or a hike."}, {"start": "00:03:43", "end": "00:03:48", "text": "And no one wants a hike."}, {"start": "00:03:46", "end": "00:03:49", "text": "No one."}, {"start": "00:03:48", "end": "00:03:52", "text": "So that's uh that's what we're leading"}, {"start": "00:03:49", "end": "00:03:53", "text": "off for today. Uh I did mention"}, {"start": "00:03:52", "end": "00:03:56", "text": "liquidations"}, {"start": "00:03:53", "end": "00:03:59", "text": "pretty high once again almost 800"}, {"start": "00:03:56", "end": "00:04:01", "text": "million. However, most of that is still"}, {"start": "00:03:59", "end": "00:04:04", "text": "on the short side. However, up until"}, {"start": "00:04:01", "end": "00:04:06", "text": "like maybe a half hour ago, it was"}, {"start": "00:04:04", "end": "00:04:08", "text": "almost all of it on the short side. Now"}, {"start": "00:04:06", "end": "00:04:11", "text": "we've added a lot of longs. See, this is"}, {"start": "00:04:08", "end": "00:04:14", "text": "what happens when you got too much"}, {"start": "00:04:11", "end": "00:04:17", "text": "leverage out there."}, {"start": "00:04:14", "end": "00:04:20", "text": "It's great when you're right. You can"}, {"start": "00:04:17", "end": "00:04:22", "text": "make a lot of money really fast, but"}, {"start": "00:04:20", "end": "00:04:25", "text": "when you get unexpected movements like"}, {"start": "00:04:22", "end": "00:04:26", "text": "this, it could absolutely wreck you. So,"}, {"start": "00:04:25", "end": "00:04:28", "text": "you got to be careful if you're playing"}, {"start": "00:04:26", "end": "00:04:32", "text": "with leverage. And certainly don't play"}, {"start": "00:04:28", "end": "00:04:34", "text": "with like 20x, 50x, 100x, 1,000x,"}, {"start": "00:04:32", "end": "00:04:37", "text": "whatever. You're just asking to be"}, {"start": "00:04:34", "end": "00:04:40", "text": "liquidated, right? Um but yeah, this"}, {"start": "00:04:37", "end": "00:04:41", "text": "also definitely contributed to why we"}, {"start": "00:04:40", "end": "00:04:45", "text": "dropped so much because now we have a"}, {"start": "00:04:41", "end": "00:04:49", "text": "lot of shorts. Uh no longs getting"}, {"start": "00:04:45", "end": "00:04:49", "text": "liquidated with the shorts."}, {"start": "00:04:49", "end": "00:04:54", "text": "I saw Sailor tweet this. I guess he's"}, {"start": "00:04:51", "end": "00:04:56", "text": "not happy about today's jobs report"}, {"start": "00:04:54", "end": "00:05:00", "text": "either."}, {"start": "00:04:56", "end": "00:05:04", "text": "America added 162,000 payroll jobs on a"}, {"start": "00:05:00", "end": "00:05:04", "text": "base of 159 million.1%."}, {"start": "00:05:05", "end": "00:05:13", "text": "Okay. Uh yet trillions in assets repric"}, {"start": "00:05:08", "end": "00:05:15", "text": "because economists guessed 56,000."}, {"start": "00:05:13", "end": "00:05:19", "text": "We have turned statistical noise into"}, {"start": "00:05:15", "end": "00:05:21", "text": "monetary policy. It's kind of true. It's"}, {"start": "00:05:19", "end": "00:05:24", "text": "kind of true,"}, {"start": "00:05:21", "end": "00:05:27", "text": "right? You have these economists or"}, {"start": "00:05:24", "end": "00:05:31", "text": "whoever they are that guess on these"}, {"start": "00:05:27", "end": "00:05:34", "text": "numbers and if they guess wrong"}, {"start": "00:05:31", "end": "00:05:38", "text": "and there's a slight deviation"}, {"start": "00:05:34", "end": "00:05:41", "text": "it makes the markets move up and down by"}, {"start": "00:05:38", "end": "00:05:44", "text": "the trillions."}, {"start": "00:05:41", "end": "00:05:46", "text": "So how does that make sense? Maybe we"}, {"start": "00:05:44", "end": "00:05:49", "text": "need better economists. Maybe we don't"}, {"start": "00:05:46", "end": "00:05:53", "text": "need forecasting at all. This is what"}, {"start": "00:05:49", "end": "00:05:55", "text": "Fed Waller, not Waller, uh, Walsh said."}, {"start": "00:05:53", "end": "00:05:56", "text": "He's like, \"We're not going to give"}, {"start": "00:05:55", "end": "00:05:59", "text": "forecasting anymore.\" Maybe that's the"}, {"start": "00:05:56", "end": "00:06:00", "text": "case. Maybe these economies, economists"}, {"start": "00:05:59", "end": "00:06:02", "text": "should stop giving forecasts of what the"}, {"start": "00:06:00", "end": "00:06:05", "text": "jobs numbers will be or what this will"}, {"start": "00:06:02", "end": "00:06:07", "text": "be or what inflation will be or what,"}, {"start": "00:06:05", "end": "00:06:10", "text": "you know, that will be because in most"}, {"start": "00:06:07", "end": "00:06:13", "text": "cases they're wrong and it causes major"}, {"start": "00:06:10", "end": "00:06:16", "text": "market disruptions. So why do we have"}, {"start": "00:06:13", "end": "00:06:19", "text": "these forecasting at all? Just remove"}, {"start": "00:06:16", "end": "00:06:22", "text": "them until we get the real numbers."}, {"start": "00:06:19", "end": "00:06:25", "text": "So, I kind of agree with this. I don't I"}, {"start": "00:06:22", "end": "00:06:27", "text": "don't I don't know, but it's been done"}, {"start": "00:06:25", "end": "00:06:29", "text": "for so long. It's just one of those"}, {"start": "00:06:27", "end": "00:06:33", "text": "things, you know."}, {"start": "00:06:29", "end": "00:06:36", "text": "Uh what else? What else? Uh bonds still"}, {"start": "00:06:33", "end": "00:06:39", "text": "very iffy. World's biggest sovereign"}, {"start": "00:06:36", "end": "00:06:40", "text": "wealth fund plans on cutting US Treasury"}, {"start": "00:06:39", "end": "00:06:44", "text": "holdings."}, {"start": "00:06:40", "end": "00:06:47", "text": "This is why our bond"}, {"start": "00:06:44", "end": "00:06:49", "text": "rates, our bond yield keeps going up"}, {"start": "00:06:47", "end": "00:06:51", "text": "because"}, {"start": "00:06:49", "end": "00:06:52", "text": "more and more people are selling it."}, {"start": "00:06:51", "end": "00:06:54", "text": "Countries are selling it. Funds are"}, {"start": "00:06:52", "end": "00:06:57", "text": "selling it. But it's not just us. It's"}, {"start": "00:06:54", "end": "00:07:01", "text": "like around the world."}, {"start": "00:06:57", "end": "00:07:03", "text": "Japan is having problems. UK,"}, {"start": "00:07:01", "end": "00:07:05", "text": "France,"}, {"start": "00:07:03", "end": "00:07:07", "text": "US,"}, {"start": "00:07:05", "end": "00:07:10", "text": "no one wants to buy IUS of each other"}, {"start": "00:07:07", "end": "00:07:13", "text": "anymore. Okay, that's what it is."}, {"start": "00:07:10", "end": "00:07:16", "text": "Most of these bonds are bought by other"}, {"start": "00:07:13", "end": "00:07:18", "text": "countries. They kind of buying each"}, {"start": "00:07:16", "end": "00:07:20", "text": "other bonds."}, {"start": "00:07:18", "end": "00:07:22", "text": "So, everyone's just owing everyone"}, {"start": "00:07:20", "end": "00:07:24", "text": "because no country actually has a"}, {"start": "00:07:22", "end": "00:07:26", "text": "surplus of money. They're all in"}, {"start": "00:07:24", "end": "00:07:28", "text": "deficit. But yet, they continue to buy"}, {"start": "00:07:26", "end": "00:07:30", "text": "bonds from each other. So, they're"}, {"start": "00:07:28", "end": "00:07:35", "text": "putting themselves more into deficit."}, {"start": "00:07:30", "end": "00:07:37", "text": "They're buying IUs with IUS and paying"}, {"start": "00:07:35", "end": "00:07:42", "text": "back with IUS. Think about how that"}, {"start": "00:07:37", "end": "00:07:45", "text": "works. It's just like a big circle."}, {"start": "00:07:42", "end": "00:07:47", "text": "I'm not gonna finish that. Um, so now"}, {"start": "00:07:45", "end": "00:07:51", "text": "they're starting to slow down these"}, {"start": "00:07:47", "end": "00:07:53", "text": "buying of IUS with their fake IUS"}, {"start": "00:07:51", "end": "00:07:56", "text": "and that could lead to a global"}, {"start": "00:07:53", "end": "00:07:59", "text": "catastrophe."}, {"start": "00:07:56", "end": "00:08:01", "text": "That's why you still need to hold on"}, {"start": "00:07:59", "end": "00:08:05", "text": "hard assets,"}, {"start": "00:08:01", "end": "00:08:08", "text": "okay, that are not fake money or fake"}, {"start": "00:08:05", "end": "00:08:08", "text": "IUS."}, {"start": "00:08:09", "end": "00:08:15", "text": "like Bitcoin or or real estate or gold"}, {"start": "00:08:14", "end": "00:08:17", "text": "or"}, {"start": "00:08:15", "end": "00:08:20", "text": "something"}, {"start": "00:08:17", "end": "00:08:23", "text": "uh Pokemon cards"}, {"start": "00:08:20", "end": "00:08:26", "text": "or collectibles,"}, {"start": "00:08:23", "end": "00:08:28", "text": "something that has scarcity factor that"}, {"start": "00:08:26", "end": "00:08:32", "text": "can't be"}, {"start": "00:08:28", "end": "00:08:36", "text": "printed or minted or produced"}, {"start": "00:08:32", "end": "00:08:38", "text": "infinitely, right?"}, {"start": "00:08:36", "end": "00:08:40", "text": "So yeah,"}, {"start": "00:08:38", "end": "00:08:43", "text": "now"}, {"start": "00:08:40", "end": "00:08:47", "text": "we had some spectacular numbers"}, {"start": "00:08:43", "end": "00:08:49", "text": "yesterday. One of the reasons why"}, {"start": "00:08:47", "end": "00:08:51", "text": "we are seeing an inflow back, I believe,"}, {"start": "00:08:49", "end": "00:08:53", "text": "is because number one, we're cutting off"}, {"start": "00:08:51", "end": "00:08:57", "text": "a bottom. Number two is, yeah, there are"}, {"start": "00:08:53", "end": "00:09:03", "text": "a lot of fears about debt and inflation"}, {"start": "00:08:57", "end": "00:09:05", "text": "and debasement and bonds going out of"}, {"start": "00:09:03", "end": "00:09:07", "text": "control. You know, there are a lot of"}, {"start": "00:09:05", "end": "00:09:09", "text": "these worries. The smart investors are"}, {"start": "00:09:07", "end": "00:09:11", "text": "definitely putting their money back in."}, {"start": "00:09:09", "end": "00:09:13", "text": "Yesterday, we had spectacular inflow"}, {"start": "00:09:11", "end": "00:09:15", "text": "day."}, {"start": "00:09:13", "end": "00:09:18", "text": "731"}, {"start": "00:09:15", "end": "00:09:21", "text": "million for Bitcoin."}, {"start": "00:09:18", "end": "00:09:24", "text": "That puts us at a net 1.5 billion in the"}, {"start": "00:09:21", "end": "00:09:27", "text": "last 90 days."}, {"start": "00:09:24", "end": "00:09:30", "text": "So, we have flipped to the green. If you"}, {"start": "00:09:27", "end": "00:09:32", "text": "look at last 30 days, way better,"}, {"start": "00:09:30", "end": "00:09:35", "text": "almost four billion. But 90 days, we had"}, {"start": "00:09:32", "end": "00:09:40", "text": "some red. So now we're overcoming that"}, {"start": "00:09:35", "end": "00:09:44", "text": "as well. ETH also plus 141 million sold"}, {"start": "00:09:40", "end": "00:09:46", "text": "plus 6 million but you can see the last"}, {"start": "00:09:44", "end": "00:09:50", "text": "90day"}, {"start": "00:09:46", "end": "00:09:55", "text": "ETH is almost two billion. Um"}, {"start": "00:09:50", "end": "00:09:55", "text": "good capital rotation coming back."}, {"start": "00:09:56", "end": "00:10:05", "text": "Liquidity also almost a plus one billion"}, {"start": "00:10:01", "end": "00:10:08", "text": "day for stables."}, {"start": "00:10:05", "end": "00:10:11", "text": "That's a huge inflow."}, {"start": "00:10:08", "end": "00:10:13", "text": "This is what this is going to continue."}, {"start": "00:10:11", "end": "00:10:14", "text": "This is what's going to continue to"}, {"start": "00:10:13", "end": "00:10:18", "text": "happen"}, {"start": "00:10:14", "end": "00:10:21", "text": "as more people realize that this golden"}, {"start": "00:10:18", "end": "00:10:23", "text": "opportunity to load in to load up and"}, {"start": "00:10:21", "end": "00:10:25", "text": "put their money in. Sooner or later,"}, {"start": "00:10:23", "end": "00:10:28", "text": "we're going to be right back above six"}, {"start": "00:10:25", "end": "00:10:32", "text": "figures, back above uh our previous high"}, {"start": "00:10:28", "end": "00:10:35", "text": "of 126. And all these naysayers that sat"}, {"start": "00:10:32", "end": "00:10:36", "text": "on the sideline saying, \"Well, I was"}, {"start": "00:10:35", "end": "00:10:38", "text": "thinking it was going to go down more.\""}, {"start": "00:10:36", "end": "00:10:40", "text": "Or, \"Well, I got scared out of the"}, {"start": "00:10:38", "end": "00:10:43", "text": "market. Well, there there will be a ton"}, {"start": "00:10:40", "end": "00:10:46", "text": "of excuses,"}, {"start": "00:10:43", "end": "00:10:49", "text": "but you could see the signs, the"}, {"start": "00:10:46", "end": "00:10:51", "text": "turnaround already, and you could see"}, {"start": "00:10:49", "end": "00:10:53", "text": "the bigger picture because I presented"}, {"start": "00:10:51", "end": "00:10:55", "text": "to you guys. This is what you want to"}, {"start": "00:10:53", "end": "00:11:00", "text": "hold longterm,"}, {"start": "00:10:55", "end": "00:11:02", "text": "not short term. Don't fall for the FUD."}, {"start": "00:11:00", "end": "00:11:05", "text": "You want to hold Bitcoin and crypto long"}, {"start": "00:11:02", "end": "00:11:08", "text": "term and certainly"}, {"start": "00:11:05", "end": "00:11:11", "text": "DC along the way."}, {"start": "00:11:08", "end": "00:11:14", "text": "Uh the weekly super trend signals now"}, {"start": "00:11:11", "end": "00:11:18", "text": "green barely. It just turned green. And"}, {"start": "00:11:14", "end": "00:11:20", "text": "you could see the last few times"}, {"start": "00:11:18", "end": "00:11:22", "text": "it turned green with the exception of"}, {"start": "00:11:20", "end": "00:11:24", "text": "one time during COVID where it did fall"}, {"start": "00:11:22", "end": "00:11:28", "text": "back down. But every other time when"}, {"start": "00:11:24", "end": "00:11:30", "text": "this super trend signal turned green,"}, {"start": "00:11:28", "end": "00:11:35", "text": "Bitcoin went on a tremendous,"}, {"start": "00:11:30", "end": "00:11:37", "text": "tremendous, tremendous run"}, {"start": "00:11:35", "end": "00:11:42", "text": "and I'm looking forward to it. Usually"}, {"start": "00:11:37", "end": "00:11:47", "text": "recoveries are twice as fast as falling"}, {"start": "00:11:42", "end": "00:11:47", "text": "or falls. So,"}, {"start": "00:11:48", "end": "00:11:54", "text": "you know, from now till the end of the"}, {"start": "00:11:50", "end": "00:11:57", "text": "year, we could fully recover."}, {"start": "00:11:54", "end": "00:11:58", "text": "There's no reason why we can't."}, {"start": "00:11:57", "end": "00:12:02", "text": "Obviously, we're still facing some of"}, {"start": "00:11:58", "end": "00:12:07", "text": "these tailwinds and some of these macro"}, {"start": "00:12:02", "end": "00:12:09", "text": "factors that that does play a role, but"}, {"start": "00:12:07", "end": "00:12:11", "text": "if investors start coming back and they"}, {"start": "00:12:09", "end": "00:12:14", "text": "realize this is the best and shiniest"}, {"start": "00:12:11", "end": "00:12:18", "text": "investment out there now,"}, {"start": "00:12:14", "end": "00:12:20", "text": "a lot of money will start flowing and"}, {"start": "00:12:18", "end": "00:12:23", "text": "prices will start skyrocketing really"}, {"start": "00:12:20", "end": "00:12:26", "text": "quick."}, {"start": "00:12:23", "end": "00:12:28", "text": "Uh, one Bitcoin now buys a little more"}, {"start": "00:12:26", "end": "00:12:31", "text": "than 18 ounces of gold, the most since"}, {"start": "00:12:28", "end": "00:12:35", "text": "January. So, we are definitely starting"}, {"start": "00:12:31", "end": "00:12:37", "text": "to catch up to gold even though not"}, {"start": "00:12:35", "end": "00:12:40", "text": "fully gold is still way Bitcoin has to"}, {"start": "00:12:37", "end": "00:12:43", "text": "be over a million dollars each to equal"}, {"start": "00:12:40", "end": "00:12:45", "text": "the market cap of gold,"}, {"start": "00:12:43", "end": "00:12:48", "text": "right? But that's just the baseline."}, {"start": "00:12:45", "end": "00:12:50", "text": "There's no reason why Bitcoin can't go"}, {"start": "00:12:48", "end": "00:12:53", "text": "up even higher."}, {"start": "00:12:50", "end": "00:12:57", "text": "Okay, so just think about that over the"}, {"start": "00:12:53", "end": "00:12:59", "text": "next few years as Bitcoin catches up."}, {"start": "00:12:57", "end": "00:13:02", "text": "Let's go shoot past that 250,000"}, {"start": "00:12:59", "end": "00:13:04", "text": "estimate that so many people had. And"}, {"start": "00:13:02", "end": "00:13:08", "text": "then sooner or later, we're going to be"}, {"start": "00:13:04", "end": "00:13:10", "text": "looking at 500,000 Bitcoin, some 150,000"}, {"start": "00:13:08", "end": "00:13:14", "text": "Bitcoin, and eventually million-doll"}, {"start": "00:13:10", "end": "00:13:18", "text": "Bitcoin. That' be"}, {"start": "00:13:14", "end": "00:13:19", "text": "it' be crazy. be crazy to wake up and"}, {"start": "00:13:18", "end": "00:13:23", "text": "check your portfolio and see each"}, {"start": "00:13:19", "end": "00:13:26", "text": "bitcoin is worth a million dollars. Uh,"}, {"start": "00:13:23", "end": "00:13:28", "text": "of course you had like strategy,"}, {"start": "00:13:26", "end": "00:13:32", "text": "coinbase, Robin Hood, all these"}, {"start": "00:13:28", "end": "00:13:36", "text": "companies do very very well recently"}, {"start": "00:13:32", "end": "00:13:39", "text": "because of our upswing, right? Sailor"}, {"start": "00:13:36", "end": "00:13:43", "text": "finally decided to buy some Bitcoin and"}, {"start": "00:13:39", "end": "00:13:45", "text": "he's up 3.3 billion again."}, {"start": "00:13:43", "end": "00:13:48", "text": "you know, over the last few months, you"}, {"start": "00:13:45", "end": "00:13:50", "text": "could see he started selling. Not"}, {"start": "00:13:48", "end": "00:13:52", "text": "something we're used to. Sold 1300."}, {"start": "00:13:50", "end": "00:13:56", "text": "Well, he did sell that at 32 first and"}, {"start": "00:13:52", "end": "00:14:02", "text": "then sold 1300. Sold 2,000."}, {"start": "00:13:56", "end": "00:14:04", "text": "Uh then sold 1,600, 1,700, and his"}, {"start": "00:14:02", "end": "00:14:06", "text": "purchase yesterday pretty much brought"}, {"start": "00:14:04", "end": "00:14:10", "text": "him back to even still a little bit"}, {"start": "00:14:06", "end": "00:14:12", "text": "lower. Okay."}, {"start": "00:14:10", "end": "00:14:14", "text": "kind of wish he didn't do that, but he"}, {"start": "00:14:12", "end": "00:14:17", "text": "needed to do it to show confidence to"}, {"start": "00:14:14", "end": "00:14:20", "text": "investors that Stretch can sell when"}, {"start": "00:14:17", "end": "00:14:23", "text": "they need to. But all of a sudden, he"}, {"start": "00:14:20", "end": "00:14:27", "text": "went from negative 11 billion in"}, {"start": "00:14:23", "end": "00:14:29", "text": "unrealized loss to 3.3 billion in"}, {"start": "00:14:27", "end": "00:14:34", "text": "unrealized gain."}, {"start": "00:14:29", "end": "00:14:36", "text": "That's how fast things can move."}, {"start": "00:14:34", "end": "00:14:39", "text": "Good for him."}, {"start": "00:14:36", "end": "00:14:41", "text": "Uh we just broke above the 50week moving"}, {"start": "00:14:39", "end": "00:14:44", "text": "average."}, {"start": "00:14:41", "end": "00:14:47", "text": "Last time I did this was 2023"}, {"start": "00:14:44", "end": "00:14:50", "text": "and Bitcoin went on a 400% run. Like I"}, {"start": "00:14:47", "end": "00:14:53", "text": "said, no reason why the next four"}, {"start": "00:14:50", "end": "00:14:56", "text": "months, including this one."}, {"start": "00:14:53", "end": "00:14:58", "text": "We can't just make a huge recovery"}, {"start": "00:14:56", "end": "00:15:00", "text": "upwards."}, {"start": "00:14:58", "end": "00:15:02", "text": "Now, September traditionally is a bad"}, {"start": "00:15:00", "end": "00:15:05", "text": "month"}, {"start": "00:15:02", "end": "00:15:09", "text": "and we could take a look at that,"}, {"start": "00:15:05", "end": "00:15:11", "text": "but we broke the trend before. No reason"}, {"start": "00:15:09", "end": "00:15:13", "text": "why we can't break the trend for this"}, {"start": "00:15:11", "end": "00:15:16", "text": "month, too."}, {"start": "00:15:13", "end": "00:15:20", "text": "Yeah. Here's another another sign."}, {"start": "00:15:16", "end": "00:15:22", "text": "Basically, this is the last stand. We"}, {"start": "00:15:20", "end": "00:15:25", "text": "know that's why Bitcoin keeps holding"}, {"start": "00:15:22", "end": "00:15:27", "text": "around 81 something. There's really"}, {"start": "00:15:25", "end": "00:15:29", "text": "nothing else that's really holding us"}, {"start": "00:15:27", "end": "00:15:33", "text": "back, right? From a technical standpoint"}, {"start": "00:15:29", "end": "00:15:36", "text": "at least. And there are a lot of"}, {"start": "00:15:33", "end": "00:15:38", "text": "lot of shorts piled on or sell walls."}, {"start": "00:15:36", "end": "00:15:40", "text": "So, this is what it looks like right"}, {"start": "00:15:38", "end": "00:15:42", "text": "now. We did fall down because the jobs"}, {"start": "00:15:40", "end": "00:15:44", "text": "report cleared out some leverage here."}, {"start": "00:15:42", "end": "00:15:49", "text": "But on the upside, we still have a lot"}, {"start": "00:15:44", "end": "00:15:53", "text": "right around 81 82 and then after that"}, {"start": "00:15:49", "end": "00:15:57", "text": "after 83 which was our May high"}, {"start": "00:15:53", "end": "00:16:00", "text": "pretty much clear open season for us to"}, {"start": "00:15:57", "end": "00:16:03", "text": "go into the 90s."}, {"start": "00:16:00", "end": "00:16:06", "text": "So he's got to recover a little bit"}, {"start": "00:16:03", "end": "00:16:10", "text": "build upon this momentum. will be up"}, {"start": "00:16:06", "end": "00:16:10", "text": "there shortly."}, {"start": "00:16:10", "end": "00:16:16", "text": "Uh outside of these, uh Zcash is still"}, {"start": "00:16:14", "end": "00:16:20", "text": "doing well."}, {"start": "00:16:16", "end": "00:16:22", "text": "Zcash has just been dominating recently."}, {"start": "00:16:20", "end": "00:16:25", "text": "They're a privacy coin in case you're"}, {"start": "00:16:22", "end": "00:16:28", "text": "not aware, right? And just more people"}, {"start": "00:16:25", "end": "00:16:31", "text": "are looking into it. Again, I there's"}, {"start": "00:16:28", "end": "00:16:34", "text": "really no other explanation."}, {"start": "00:16:31", "end": "00:16:37", "text": "uh chain link through this"}, {"start": "00:16:34", "end": "00:16:41", "text": "through this uh partnership"}, {"start": "00:16:37", "end": "00:16:44", "text": "bottom line. Okay, which is a top three"}, {"start": "00:16:41", "end": "00:16:48", "text": "swift service provider. So now chain"}, {"start": "00:16:44", "end": "00:16:50", "text": "link is going to help them move money"}, {"start": "00:16:48", "end": "00:16:52", "text": "trillions upon trillions in payments"}, {"start": "00:16:50", "end": "00:16:55", "text": "each year across"}, {"start": "00:16:52", "end": "00:16:55", "text": "banks."}, {"start": "00:16:56", "end": "00:17:01", "text": "That's going to be a huge That's going"}, {"start": "00:16:57", "end": "00:17:02", "text": "to be huge. Why not XRP though? XRP was"}, {"start": "00:17:01", "end": "00:17:05", "text": "made for this. The chain link wants to"}, {"start": "00:17:02", "end": "00:17:10", "text": "be involved with this as well."}, {"start": "00:17:05", "end": "00:17:14", "text": "So, pretty big. Good stuff. Uh, lastly,"}, {"start": "00:17:10", "end": "00:17:18", "text": "I saw this."}, {"start": "00:17:14", "end": "00:17:20", "text": "See, it pays to have a friend."}, {"start": "00:17:18", "end": "00:17:22", "text": "Um,"}, {"start": "00:17:20", "end": "00:17:25", "text": "or it pays to have the US government as"}, {"start": "00:17:22", "end": "00:17:28", "text": "a friend, I should say, is Sam and and"}, {"start": "00:17:25", "end": "00:17:31", "text": "everyone else has been cozing up to the"}, {"start": "00:17:28", "end": "00:17:33", "text": "White House. So, New York Times is suing"}, {"start": "00:17:31", "end": "00:17:35", "text": "OpenAI"}, {"start": "00:17:33", "end": "00:17:38", "text": "is they claim that OpenAI used their"}, {"start": "00:17:35", "end": "00:17:41", "text": "articles to train their models,"}, {"start": "00:17:38", "end": "00:17:44", "text": "right? And now the US government"}, {"start": "00:17:41", "end": "00:17:46", "text": "is backing Open AI."}, {"start": "00:17:44", "end": "00:17:48", "text": "What when was the last time you heard"}, {"start": "00:17:46", "end": "00:17:51", "text": "that happen? Usually the US government"}, {"start": "00:17:48", "end": "00:17:53", "text": "goes after companies. So, but the US"}, {"start": "00:17:51", "end": "00:17:56", "text": "government in this case is backing Open"}, {"start": "00:17:53", "end": "00:17:58", "text": "AI saying that they did nothing wrong."}, {"start": "00:17:56", "end": "00:18:02", "text": "training on their articles does not"}, {"start": "00:17:58", "end": "00:18:06", "text": "infringe upon their copyright. It's kind"}, {"start": "00:18:02", "end": "00:18:10", "text": "of wild. So again, it's nice to have the"}, {"start": "00:18:06", "end": "00:18:12", "text": "US government as a friend. It's kind of"}, {"start": "00:18:10", "end": "00:18:15", "text": "it's kind of the same for prediction"}, {"start": "00:18:12", "end": "00:18:19", "text": "markets like Khi and Poly Market. When"}, {"start": "00:18:15", "end": "00:18:22", "text": "they get sued by states, who steps in?"}, {"start": "00:18:19", "end": "00:18:25", "text": "The CFTC. CFTC goes and sues those"}, {"start": "00:18:22", "end": "00:18:28", "text": "states and those states lose."}, {"start": "00:18:25", "end": "00:18:30", "text": "So it's nice. It's nice. And why I say"}, {"start": "00:18:28", "end": "00:18:32", "text": "this is because really we have the US"}, {"start": "00:18:30", "end": "00:18:36", "text": "government on our side in terms of"}, {"start": "00:18:32", "end": "00:18:39", "text": "crypto right now, right? Everything is"}, {"start": "00:18:36", "end": "00:18:41", "text": "being like shifted towards"}, {"start": "00:18:39", "end": "00:18:43", "text": "innovation"}, {"start": "00:18:41", "end": "00:18:47", "text": "like"}, {"start": "00:18:43", "end": "00:18:49", "text": "you know non-blocking"}, {"start": "00:18:47", "end": "00:18:54", "text": "and everything is not a security"}, {"start": "00:18:49", "end": "00:18:57", "text": "anymore. And we're bringing more people"}, {"start": "00:18:54", "end": "00:19:01", "text": "to America, back into America, and back"}, {"start": "00:18:57", "end": "00:19:01", "text": "into crypto specifically."}, {"start": "00:19:01", "end": "00:19:07", "text": "So, it's going to be good going forward,"}, {"start": "00:19:05", "end": "00:19:09", "text": "at least for crypto in the US. But, it"}, {"start": "00:19:07", "end": "00:19:11", "text": "should be good for crypto everywhere."}, {"start": "00:19:09", "end": "00:19:13", "text": "But, it's just kind of funny how I saw"}, {"start": "00:19:11", "end": "00:19:16", "text": "this happen. And in case you guys are"}, {"start": "00:19:13", "end": "00:19:19", "text": "into it, GBD6 did come out yesterday"}, {"start": "00:19:16", "end": "00:19:21", "text": "sort of, but it hasn't been released."}, {"start": "00:19:19", "end": "00:19:23", "text": "hopefully"}, {"start": "00:19:21", "end": "00:19:26", "text": "this weekend. But one thing I want to"}, {"start": "00:19:23", "end": "00:19:29", "text": "bring to your attention is they have"}, {"start": "00:19:26", "end": "00:19:32", "text": "this benchmark called ARC AGI3,"}, {"start": "00:19:29", "end": "00:19:34", "text": "which is a measurement of how"}, {"start": "00:19:32", "end": "00:19:36", "text": "intelligent an AI model is when they're"}, {"start": "00:19:34", "end": "00:19:38", "text": "faced with something that they don't"}, {"start": "00:19:36", "end": "00:19:41", "text": "know, they never seen before. So this"}, {"start": "00:19:38", "end": "00:19:43", "text": "this is like a true test of their"}, {"start": "00:19:41", "end": "00:19:45", "text": "intelligence. Just like a human, if"}, {"start": "00:19:43", "end": "00:19:47", "text": "you're faced with a challenge that you"}, {"start": "00:19:45", "end": "00:19:51", "text": "have never seen before, can you figure"}, {"start": "00:19:47", "end": "00:19:53", "text": "it out? Okay. And they say on average,"}, {"start": "00:19:51", "end": "00:19:55", "text": "if you ask like really really"}, {"start": "00:19:53", "end": "00:19:58", "text": "intelligent humans to figure something"}, {"start": "00:19:55", "end": "00:20:01", "text": "new out, you're around like 30"}, {"start": "00:19:58", "end": "00:20:01", "text": "something%."}, {"start": "00:20:02", "end": "00:20:07", "text": "Okay, so this is us as humans just"}, {"start": "00:20:05", "end": "00:20:09", "text": "trying to figure out something new."}, {"start": "00:20:07", "end": "00:20:12", "text": "We're about 30 something% successful. I"}, {"start": "00:20:09", "end": "00:20:13", "text": "think they said it was 36%."}, {"start": "00:20:12", "end": "00:20:16", "text": "Claude Opus, which is really smart"}, {"start": "00:20:13", "end": "00:20:19", "text": "model, is about 30%. Soul right now,"}, {"start": "00:20:16", "end": "00:20:24", "text": "which is their highest model, 7.8%."}, {"start": "00:20:19", "end": "00:20:24", "text": "Astra is at a 99.9%."}, {"start": "00:20:24", "end": "00:20:31", "text": "So they even said themselves that GBD6"}, {"start": "00:20:27", "end": "00:20:35", "text": "may be the first AGI model"}, {"start": "00:20:31", "end": "00:20:38", "text": "to be released, 99.9%."}, {"start": "00:20:35", "end": "00:20:41", "text": "So basically"}, {"start": "00:20:38", "end": "00:20:44", "text": "it can figure out and solve anything if"}, {"start": "00:20:41", "end": "00:20:46", "text": "I'm interpreting this right. And why"}, {"start": "00:20:44", "end": "00:20:49", "text": "this relates to crypto is all these"}, {"start": "00:20:46", "end": "00:20:52", "text": "hacks that we've been hearing about"}, {"start": "00:20:49", "end": "00:20:54", "text": "right they're going to increase"}, {"start": "00:20:52", "end": "00:20:59", "text": "exponentially when this comes out. So,"}, {"start": "00:20:54", "end": "00:21:01", "text": "I'm hoping all these crypto companies"}, {"start": "00:20:59", "end": "00:21:05", "text": "are spending a lot of time figuring out"}, {"start": "00:21:01", "end": "00:21:06", "text": "how to patch their vulnerabilities."}, {"start": "00:21:05", "end": "00:21:08", "text": "Well, first of all, find the"}, {"start": "00:21:06", "end": "00:21:10", "text": "vulnerabilities, patch their"}, {"start": "00:21:08", "end": "00:21:15", "text": "vulnerabilities, because you're going to"}, {"start": "00:21:10", "end": "00:21:18", "text": "hear a lot more about crypto hacks soon,"}, {"start": "00:21:15", "end": "00:21:20", "text": "very soon. Because if Astra is really"}, {"start": "00:21:18", "end": "00:21:23", "text": "this good at solving problems that has"}, {"start": "00:21:20", "end": "00:21:27", "text": "never seen before, there will be a lot"}, {"start": "00:21:23", "end": "00:21:33", "text": "of ways to break through wallets"}, {"start": "00:21:27", "end": "00:21:36", "text": "or chains or DAPs, liquidity pools,"}, {"start": "00:21:33", "end": "00:21:40", "text": "you name it. But this this stat is just"}, {"start": "00:21:36", "end": "00:21:43", "text": "wild. We'll see if it's true. But Soul"}, {"start": "00:21:40", "end": "00:21:47", "text": "right now, which is a very very very"}, {"start": "00:21:43", "end": "00:21:51", "text": "good model, is only at 7.8 8% when it"}, {"start": "00:21:47", "end": "00:21:54", "text": "comes to this benchmark versus 99.9%."}, {"start": "00:21:51", "end": "00:21:58", "text": "It's kind of wild. So, this will be"}, {"start": "00:21:54", "end": "00:22:00", "text": "released this weekend. This is how fast"}, {"start": "00:21:58", "end": "00:22:03", "text": "AI is evolving, which is why I've been"}, {"start": "00:22:00", "end": "00:22:04", "text": "telling you guys prepare or get with the"}, {"start": "00:22:03", "end": "00:22:07", "text": "program."}, {"start": "00:22:04", "end": "00:22:09", "text": "Um, outside of that, tonight we have"}, {"start": "00:22:07", "end": "00:22:11", "text": "frontline tournament."}, {"start": "00:22:09", "end": "00:22:13", "text": "Those of you guys that want to join,"}, {"start": "00:22:11", "end": "00:22:15", "text": "I'll probably stream this on my other"}, {"start": "00:22:13", "end": "00:22:18", "text": "channel. Hopefully, it goes well. First"}, {"start": "00:22:15", "end": "00:22:21", "text": "time we have done a large"}, {"start": "00:22:18", "end": "00:22:24", "text": "tournament. It's a first-person shooter"}, {"start": "00:22:21", "end": "00:22:27", "text": "tournament. So, it's on Clash Project."}, {"start": "00:22:24", "end": "00:22:30", "text": "You can see right here, view the event."}, {"start": "00:22:27", "end": "00:22:35", "text": "You can sign up and it'll be tonight at"}, {"start": "00:22:30", "end": "00:22:38", "text": "8:00 p.m. Central time."}, {"start": "00:22:35", "end": "00:22:40", "text": "Hopefully, you guys join."}, {"start": "00:22:38", "end": "00:22:43", "text": "All right,"}, {"start": "00:22:40", "end": "00:22:43", "text": "that's pretty much it."}, {"start": "00:22:47", "end": "00:22:52", "text": "Still holding where we are. All right,"}, {"start": "00:22:49", "end": "00:22:52", "text": "let's do some Q&A."}, {"start": "00:23:37", "end": "00:23:42", "text": "What all are you buying? according to"}, {"start": "00:23:40", "end": "00:23:46", "text": "Nick."}, {"start": "00:23:42", "end": "00:23:50", "text": "Uh I'm just loading up on the basics."}, {"start": "00:23:46", "end": "00:23:54", "text": "All right. Bitcoin, Soul, ETH,"}, {"start": "00:23:50", "end": "00:23:55", "text": "Clash. That's it. Not really focused on"}, {"start": "00:23:54", "end": "00:23:58", "text": "anything else. There are a lot of AI"}, {"start": "00:23:55", "end": "00:24:01", "text": "plays. There are more than I give credit"}, {"start": "00:23:58", "end": "00:24:02", "text": "for. A lot of them are like GPU renting"}, {"start": "00:24:01", "end": "00:24:05", "text": "and stuff like that. So there there"}, {"start": "00:24:02", "end": "00:24:07", "text": "really is deepen. They were always deep"}, {"start": "00:24:05", "end": "00:24:09", "text": "in cloud providing. Now they kind of"}, {"start": "00:24:07", "end": "00:24:11", "text": "shifted to AI. at least their marketing,"}, {"start": "00:24:09", "end": "00:24:16", "text": "which is good. So, some of these will do"}, {"start": "00:24:11", "end": "00:24:18", "text": "well. Um, but right now, I think it's"}, {"start": "00:24:16", "end": "00:24:22", "text": "still too early to be speculating on"}, {"start": "00:24:18", "end": "00:24:25", "text": "those small caps."}, {"start": "00:24:22", "end": "00:24:30", "text": "Big caps and Bitcoin obviously are the"}, {"start": "00:24:25", "end": "00:24:30", "text": "are the ones to to DCA."}, {"start": "00:24:35", "end": "00:24:39", "text": "Yeah, I just said I'll be streaming a"}, {"start": "00:24:37", "end": "00:24:42", "text": "tournament on on my other channel. Not"}, {"start": "00:24:39", "end": "00:24:45", "text": "this channel though. The Clash channel."}, {"start": "00:24:42", "end": "00:24:48", "text": "I haven't done a stream there for a"}, {"start": "00:24:45", "end": "00:24:48", "text": "while."}, {"start": "00:24:58", "end": "00:25:03", "text": "You guys talking about soul at a"}, {"start": "00:25:00", "end": "00:25:05", "text": "thousand? It'll get there. It'll get"}, {"start": "00:25:03", "end": "00:25:08", "text": "there. You got to be patient."}, {"start": "00:25:05", "end": "00:25:11", "text": "Soul still leads so many things,"}, {"start": "00:25:08", "end": "00:25:13", "text": "activities, volume,"}, {"start": "00:25:11", "end": "00:25:16", "text": "transactions per day, you know,"}, {"start": "00:25:13", "end": "00:25:19", "text": "everything you can measure. Soul is"}, {"start": "00:25:16", "end": "00:25:21", "text": "leading and revenue too. So, you just"}, {"start": "00:25:19", "end": "00:25:23", "text": "got to give it time. And there is"}, {"start": "00:25:21", "end": "00:25:27", "text": "institutional buying as well, just not"}, {"start": "00:25:23", "end": "00:25:32", "text": "as much as ether or Bitcoin obviously,"}, {"start": "00:25:27", "end": "00:25:32", "text": "but it'll get there in time."}, {"start": "00:25:59", "end": "00:26:04", "text": "Wow, look at this."}, {"start": "00:26:01", "end": "00:26:07", "text": "Trump tells Fed to slash rates or he'll"}, {"start": "00:26:04", "end": "00:26:10", "text": "end trade with countries with US"}, {"start": "00:26:07", "end": "00:26:10", "text": "surpluses."}, {"start": "00:26:13", "end": "00:26:21", "text": "end trade with country with US surplus."}, {"start": "00:26:16", "end": "00:26:21", "text": "What What is that going to do?"}, {"start": "00:26:22", "end": "00:26:30", "text": "I'm trying to figure that out. How will"}, {"start": "00:26:24", "end": "00:26:30", "text": "that slash cause rates to go down?"}, {"start": "00:26:36", "end": "00:26:41", "text": "I I I I don't I don't quite get it."}, {"start": "00:26:48", "end": "00:26:52", "text": "I don't quite get it, but it doesn't"}, {"start": "00:26:50", "end": "00:26:54", "text": "seem like we're getting a cut anytime"}, {"start": "00:26:52", "end": "00:26:56", "text": "soon."}, {"start": "00:26:54", "end": "00:26:58", "text": "I'm surprised he hasn't started bashing"}, {"start": "00:26:56", "end": "00:27:01", "text": "wars yet"}, {"start": "00:26:58", "end": "00:27:03", "text": "because that's his both of them were his"}, {"start": "00:27:01", "end": "00:27:06", "text": "nominees. Uh"}, {"start": "00:27:03", "end": "00:27:09", "text": "Paul was his nominee, too. But I think"}, {"start": "00:27:06", "end": "00:27:13", "text": "you specifically picked Worsh because,"}, {"start": "00:27:09", "end": "00:27:19", "text": "you know, they saw eye to eye on on"}, {"start": "00:27:13", "end": "00:27:22", "text": "saving jobs and, you know, cutting."}, {"start": "00:27:19", "end": "00:27:28", "text": "But so far, Wars has not been very"}, {"start": "00:27:22", "end": "00:27:28", "text": "dovish, very hawkish, just like Pal."}, {"start": "00:27:54", "end": "00:27:59", "text": "Sue and ADA were working with UN pilots."}, {"start": "00:27:58", "end": "00:28:02", "text": "Sounds pretty positive. I don't know"}, {"start": "00:27:59", "end": "00:28:05", "text": "where that went. I have no idea where"}, {"start": "00:28:02", "end": "00:28:08", "text": "that went. I mean there were all these"}, {"start": "00:28:05", "end": "00:28:10", "text": "crypto companies that projects that was"}, {"start": "00:28:08", "end": "00:28:12", "text": "working with"}, {"start": "00:28:10", "end": "00:28:17", "text": "the government early on, right? remember"}, {"start": "00:28:12", "end": "00:28:21", "text": "like last year or or Yeah, it was like"}, {"start": "00:28:17", "end": "00:28:25", "text": "last year when we heard like Hideera and"}, {"start": "00:28:21", "end": "00:28:27", "text": "Algoand and Cardano and XRP,"}, {"start": "00:28:25", "end": "00:28:30", "text": "you know, they were working with the the"}, {"start": "00:28:27", "end": "00:28:32", "text": "US government on something,"}, {"start": "00:28:30", "end": "00:28:34", "text": "you know, or cozing up with them and"}, {"start": "00:28:32", "end": "00:28:37", "text": "then they took pictures. That's what"}, {"start": "00:28:34", "end": "00:28:39", "text": "caused them to spike up and then you"}, {"start": "00:28:37", "end": "00:28:42", "text": "just never heard that again. Like I"}, {"start": "00:28:39", "end": "00:28:45", "text": "haven't heard of Algorand"}, {"start": "00:28:42", "end": "00:28:48", "text": "forever now. Um, I don't know what"}, {"start": "00:28:45", "end": "00:28:50", "text": "happened. Charles Hoskinson also"}, {"start": "00:28:48", "end": "00:28:53", "text": "supposedly, you know, visited SpaceX and"}, {"start": "00:28:50", "end": "00:28:56", "text": "Tesla. There was some rumors about that"}, {"start": "00:28:53", "end": "00:28:58", "text": "happening. Nothing happened that I heard"}, {"start": "00:28:56", "end": "00:29:00", "text": "of since then."}, {"start": "00:28:58", "end": "00:29:03", "text": "Seemed like a lifetime ago, but that was"}, {"start": "00:29:00", "end": "00:29:03", "text": "just last year."}, {"start": "00:29:34", "end": "00:29:37", "text": "Where is all the capital coming out of"}, {"start": "00:29:35", "end": "00:29:40", "text": "that is going to crypto market? Yeah, I"}, {"start": "00:29:37", "end": "00:29:43", "text": "mean some tech, not all the tech stocks"}, {"start": "00:29:40", "end": "00:29:45", "text": "are doing that well now and there are a"}, {"start": "00:29:43", "end": "00:29:46", "text": "lot just sitting on a sideline. It's a"}, {"start": "00:29:45", "end": "00:29:49", "text": "lot of people just holding a lot of"}, {"start": "00:29:46", "end": "00:29:52", "text": "cash."}, {"start": "00:29:49", "end": "00:29:52", "text": "So"}, {"start": "00:29:54", "end": "00:30:01", "text": "there are a lot there are a lot of cash"}, {"start": "00:29:56", "end": "00:30:01", "text": "on the sideline. A lot of cash."}, {"start": "00:30:08", "end": "00:30:11", "text": "When they say circling supply, does that"}, {"start": "00:30:09", "end": "00:30:14", "text": "mean the coins that are owned? the coins"}, {"start": "00:30:11", "end": "00:30:16", "text": "that they have released."}, {"start": "00:30:14", "end": "00:30:19", "text": "That's what it means."}, {"start": "00:30:16", "end": "00:30:21", "text": "It could be sitting in someone's wallet,"}, {"start": "00:30:19", "end": "00:30:24", "text": "their own wallet."}, {"start": "00:30:21", "end": "00:30:28", "text": "Total supply versus circul."}, {"start": "00:30:24", "end": "00:30:30", "text": "Total is what is the theoretical limit."}, {"start": "00:30:28", "end": "00:30:34", "text": "So, the ones that are waiting to be"}, {"start": "00:30:30", "end": "00:30:36", "text": "released could be unlock tokens,"}, {"start": "00:30:34", "end": "00:30:38", "text": "you know, due to a schedule or something"}, {"start": "00:30:36", "end": "00:30:41", "text": "like that or they haven't even minted it"}, {"start": "00:30:38", "end": "00:30:41", "text": "yet."}, {"start": "00:31:05", "end": "00:31:09", "text": "I don't know. I think we're going to"}, {"start": "00:31:07", "end": "00:31:13", "text": "come back up. This is of course a"}, {"start": "00:31:09", "end": "00:31:15", "text": "overreaction plus liquidations."}, {"start": "00:31:13", "end": "00:31:18", "text": "No reason why we won't be right back"}, {"start": "00:31:15", "end": "00:31:21", "text": "above 80 81 once again. We were actually"}, {"start": "00:31:18", "end": "00:31:24", "text": "trending up again, trying to break that"}, {"start": "00:31:21", "end": "00:31:26", "text": "81, trying to break the backs of the"}, {"start": "00:31:24", "end": "00:31:27", "text": "shorters."}, {"start": "00:31:26", "end": "00:31:30", "text": "I think we'll get back up there. No"}, {"start": "00:31:27", "end": "00:31:32", "text": "reason. No reason why. Today overall"}, {"start": "00:31:30", "end": "00:31:39", "text": "isn't a bad tech day either. Nvidia is"}, {"start": "00:31:32", "end": "00:31:44", "text": "doing well, up 2%. Micron up 4%. Intel"}, {"start": "00:31:39", "end": "00:31:46", "text": "up 3%. AMD up 3%."}, {"start": "00:31:44", "end": "00:31:47", "text": "Micro Strategy and Coinbase and Robin"}, {"start": "00:31:46", "end": "00:31:49", "text": "Hood are down a little bit, but"}, {"start": "00:31:47", "end": "00:31:53", "text": "yesterday they were all like double"}, {"start": "00:31:49", "end": "00:31:56", "text": "digits. Tesla down today"}, {"start": "00:31:53", "end": "00:31:58", "text": "5% basically wiping out all the gains"}, {"start": "00:31:56", "end": "00:32:00", "text": "that they had yesterday, which kind of"}, {"start": "00:31:58", "end": "00:32:03", "text": "sucked. Yesterday, look at Tesla went up"}, {"start": "00:32:00", "end": "00:32:08", "text": "there and now we're back to basically"}, {"start": "00:32:03", "end": "00:32:10", "text": "pre it just wiped out yesterday's gains."}, {"start": "00:32:08", "end": "00:32:13", "text": "um"}, {"start": "00:32:10", "end": "00:32:13", "text": "strategy"}, {"start": "00:32:13", "end": "00:32:18", "text": "did very well. Look at look at"}, {"start": "00:32:15", "end": "00:32:18", "text": "yesterday."}, {"start": "00:32:47", "end": "00:32:50", "text": "uh"}, {"start": "00:32:50", "end": "00:32:57", "text": "versus Perez"}, {"start": "00:32:53", "end": "00:32:57", "text": "answer Rickle for me. So yeah,"}, {"start": "00:32:57", "end": "00:33:03", "text": "thanks for that."}, {"start": "00:33:01", "end": "00:33:05", "text": "my bullish on Robin Hood chain. What's"}, {"start": "00:33:03", "end": "00:33:08", "text": "the best way to get allocation?"}, {"start": "00:33:05", "end": "00:33:10", "text": "Well, it's it's built on arbitrum."}, {"start": "00:33:08", "end": "00:33:14", "text": "That's really it. It's a chain. They"}, {"start": "00:33:10", "end": "00:33:16", "text": "don't they don't have a token"}, {"start": "00:33:14", "end": "00:33:19", "text": "and there's just a lot of activity on"}, {"start": "00:33:16", "end": "00:33:21", "text": "the chain. It's kind of like base chain."}, {"start": "00:33:19", "end": "00:33:24", "text": "They don't have a token. It's just a"}, {"start": "00:33:21", "end": "00:33:27", "text": "chain. But it does seem like there are a"}, {"start": "00:33:24", "end": "00:33:32", "text": "lot of activities uh happening on top of"}, {"start": "00:33:27", "end": "00:33:32", "text": "it. So, it's good momentum for sure."}, {"start": "00:33:34", "end": "00:33:41", "text": "So it's built on arbitum. So I think"}, {"start": "00:33:37", "end": "00:33:43", "text": "it's considered a layer three."}, {"start": "00:33:41", "end": "00:33:45", "text": "Uh unless they fork arbitum. I'm not"}, {"start": "00:33:43", "end": "00:33:48", "text": "sure because arbitum allows side chains"}, {"start": "00:33:45", "end": "00:33:51", "text": "or fork uh not fork chain but just like"}, {"start": "00:33:48", "end": "00:33:54", "text": "a I think it's like a side chain. So I"}, {"start": "00:33:51", "end": "00:33:56", "text": "think it's actually considered layer"}, {"start": "00:33:54", "end": "00:33:59", "text": "three."}, {"start": "00:33:56", "end": "00:34:01", "text": "So ETH would be like layer one. Arbitum"}, {"start": "00:33:59", "end": "00:34:05", "text": "is a layer two and then I think Ramo"}, {"start": "00:34:01", "end": "00:34:05", "text": "Chan will be a layer three."}, {"start": "00:34:53", "end": "00:34:59", "text": "big things happening to Clash Pics, man."}, {"start": "00:34:56", "end": "00:35:01", "text": "This weekend,"}, {"start": "00:34:59", "end": "00:35:03", "text": "go make some big, huge changes for Clash"}, {"start": "00:35:01", "end": "00:35:05", "text": "Pics. for those of you guys that do like"}, {"start": "00:35:03", "end": "00:35:08", "text": "to predict. We're gonna open some up for"}, {"start": "00:35:05", "end": "00:35:12", "text": "tonight's tournament. But USDC is"}, {"start": "00:35:08", "end": "00:35:15", "text": "coming. New login, the ask clash login's"}, {"start": "00:35:12", "end": "00:35:18", "text": "coming in. Makes it easier for you"}, {"start": "00:35:15", "end": "00:35:20", "text": "people that you know want to on board."}, {"start": "00:35:18", "end": "00:35:23", "text": "And there's other secret stuff that I'm"}, {"start": "00:35:20", "end": "00:35:25", "text": "gonna be working on which will solve one"}, {"start": "00:35:23", "end": "00:35:32", "text": "of the biggest problems that we have on"}, {"start": "00:35:25", "end": "00:35:33", "text": "Clash Pix which is uh first entry and"}, {"start": "00:35:32", "end": "00:35:36", "text": "it's a really good system. So I just"}, {"start": "00:35:33", "end": "00:35:39", "text": "thought of it yesterday. It's going to"}, {"start": "00:35:36", "end": "00:35:42", "text": "be fantastic."}, {"start": "00:35:39", "end": "00:35:42", "text": "But yeah,"}, {"start": "00:36:27", "end": "00:36:31", "text": "What is going on with Treasury bonds?"}, {"start": "00:36:29", "end": "00:36:33", "text": "Why are they so low? They're not low."}, {"start": "00:36:31", "end": "00:36:36", "text": "Treasury bonds are like skyhigh right"}, {"start": "00:36:33", "end": "00:36:39", "text": "now because demand is so low. That's"}, {"start": "00:36:36", "end": "00:36:39", "text": "you're like the opposite."}, {"start": "00:36:40", "end": "00:36:44", "text": "Well, you may clash on Robin Hunshen."}, {"start": "00:36:42", "end": "00:36:47", "text": "No, it's already on soul. What are you"}, {"start": "00:36:44", "end": "00:36:49", "text": "talking about?"}, {"start": "00:36:47", "end": "00:36:51", "text": "Just because Robin Hood chain now is"}, {"start": "00:36:49", "end": "00:36:54", "text": "having some hype doesn't mean that"}, {"start": "00:36:51", "end": "00:36:57", "text": "that's going to be the case"}, {"start": "00:36:54", "end": "00:37:00", "text": "like six months from now. Kronos was hot"}, {"start": "00:36:57", "end": "00:37:02", "text": "when it came out by Crypto.com."}, {"start": "00:37:00", "end": "00:37:04", "text": "Base was hot when it came out by"}, {"start": "00:37:02", "end": "00:37:09", "text": "Coinbase. Where are those chains right"}, {"start": "00:37:04", "end": "00:37:11", "text": "now? Down in the gutter."}, {"start": "00:37:09", "end": "00:37:15", "text": "like so don't be so sure that Robin Hood"}, {"start": "00:37:11", "end": "00:37:18", "text": "chain is going to take off, right? Soul"}, {"start": "00:37:15", "end": "00:37:21", "text": "is still like pretty much guaranteed to"}, {"start": "00:37:18", "end": "00:37:24", "text": "survive and succeed. These newer chains"}, {"start": "00:37:21", "end": "00:37:24", "text": "still unproven."}, {"start": "00:37:48", "end": "00:37:54", "text": "Uh, as for Clarity, yeah, they're go"}, {"start": "00:37:51", "end": "00:37:58", "text": "pass. No reason why Clarity Act does not"}, {"start": "00:37:54", "end": "00:38:01", "text": "go pass. Maybe they stand off and maybe"}, {"start": "00:37:58", "end": "00:38:03", "text": "they gets postponed, but one way or"}, {"start": "00:38:01", "end": "00:38:05", "text": "another, it's going to pass. It's it's"}, {"start": "00:38:03", "end": "00:38:08", "text": "guaranteed."}, {"start": "00:38:05", "end": "00:38:11", "text": "Um, and at this point I almost feel like"}, {"start": "00:38:08", "end": "00:38:14", "text": "what's the point? You don't really need"}, {"start": "00:38:11", "end": "00:38:17", "text": "it. The CFTC and the SEC are pro crypto"}, {"start": "00:38:14", "end": "00:38:20", "text": "already. They basically allow anything"}, {"start": "00:38:17", "end": "00:38:21", "text": "that's non-malicious to go through."}, {"start": "00:38:20", "end": "00:38:23", "text": "They're even suing on behalf of"}, {"start": "00:38:21", "end": "00:38:26", "text": "companies."}, {"start": "00:38:23", "end": "00:38:28", "text": "So, I don't I don't even really see the"}, {"start": "00:38:26", "end": "00:38:30", "text": "big deal about the Clarity Act anymore."}, {"start": "00:38:28", "end": "00:38:33", "text": "Um, I don't know what it's going to"}, {"start": "00:38:30", "end": "00:38:35", "text": "bring that it will be different. Um, I"}, {"start": "00:38:33", "end": "00:38:38", "text": "mean there are some stuff about stable"}, {"start": "00:38:35", "end": "00:38:39", "text": "coins and earning yield from them and"}, {"start": "00:38:38", "end": "00:38:43", "text": "stuff like that, but even without the"}, {"start": "00:38:39", "end": "00:38:48", "text": "clarity, you get them pretty much okay"}, {"start": "00:38:43", "end": "00:38:50", "text": "or at least not outlawed. Um,"}, {"start": "00:38:48", "end": "00:38:52", "text": "but overall I think it's going to pass."}, {"start": "00:38:50", "end": "00:38:55", "text": "Like everyone's in favor of it other"}, {"start": "00:38:52", "end": "00:38:58", "text": "than the banks. One way or another, it's"}, {"start": "00:38:55", "end": "00:38:58", "text": "going to pass."}, {"start": "00:40:04", "end": "00:40:10", "text": "All right,"}, {"start": "00:40:07", "end": "00:40:14", "text": "guess that's pretty much it."}, {"start": "00:40:10", "end": "00:40:14", "text": "Quiet Friday."}, {"start": "00:40:16", "end": "00:40:21", "text": "I'll go work on more things."}, {"start": "00:40:23", "end": "00:40:28", "text": "Um, but big things coming to Clash"}, {"start": "00:40:26", "end": "00:40:31", "text": "Picks."}, {"start": "00:40:28", "end": "00:40:34", "text": "Uh, a lot of you guys do use it every"}, {"start": "00:40:31", "end": "00:40:37", "text": "day, so I'm glad to see that. But I'm"}, {"start": "00:40:34", "end": "00:40:40", "text": "going to improve upon this a lot. USDC"}, {"start": "00:40:37", "end": "00:40:43", "text": "is huge. Better events. A lot of the"}, {"start": "00:40:40", "end": "00:40:46", "text": "sports stuff will be posted like NFL and"}, {"start": "00:40:43", "end": "00:40:49", "text": "stuff will be coming soon. New login is"}, {"start": "00:40:46", "end": "00:40:52", "text": "coming and a big feature change outside"}, {"start": "00:40:49", "end": "00:40:55", "text": "of those is coming. I think a lot of you"}, {"start": "00:40:52", "end": "00:40:58", "text": "guys will like it."}, {"start": "00:40:55", "end": "00:41:00", "text": "So, check out everything. Clash Pickics,"}, {"start": "00:40:58", "end": "00:41:03", "text": "Clash Project, including tonight's"}, {"start": "00:41:00", "end": "00:41:05", "text": "tournament with Front Line. All of you"}, {"start": "00:41:03", "end": "00:41:08", "text": "guys can sign up absolutely free. First"}, {"start": "00:41:05", "end": "00:41:11", "text": "person shooter. We're go have rounds and"}, {"start": "00:41:08", "end": "00:41:14", "text": "determine the top three players."}, {"start": "00:41:11", "end": "00:41:17", "text": "So, that is on the Clash project. And of"}, {"start": "00:41:14", "end": "00:41:18", "text": "course, check out Ask Clash for all your"}, {"start": "00:41:17", "end": "00:41:21", "text": "crypto"}, {"start": "00:41:18", "end": "00:41:22", "text": "research needs."}, {"start": "00:41:21", "end": "00:41:24", "text": "There's not enough of you guys that"}, {"start": "00:41:22", "end": "00:41:27", "text": "actually use Ask Clash. I don't know"}, {"start": "00:41:24", "end": "00:41:29", "text": "why."}, {"start": "00:41:27", "end": "00:41:32", "text": "You guys should all be on it using it"}, {"start": "00:41:29", "end": "00:41:34", "text": "non-stop every day in my opinion. All"}, {"start": "00:41:32", "end": "00:41:37", "text": "right, guys. That is it. Have a good"}, {"start": "00:41:34", "end": "00:41:41", "text": "one. Have a good Friday. And I'll see"}, {"start": "00:41:37", "end": "00:41:43", "text": "some of you guys tonight. And uh and uh"}, {"start": "00:41:41", "end": "00:41:47", "text": "that's it."}, {"start": "00:41:43", "end": "00:41:47", "text": "Take care, guys."}]

[{"start": "00:00:01", "end": "00:00:07", "text": "Welcome back. So, today was a beautiful"}, {"start": "00:00:04", "end": "00:00:09", "text": "day just like it is now. That's why I'm"}, {"start": "00:00:07", "end": "00:00:13", "text": "sitting outside."}, {"start": "00:00:09", "end": "00:00:16", "text": "Bitcoin climbed right back above to 815."}, {"start": "00:00:13", "end": "00:00:18", "text": "Right now, we're like 813. So, we're"}, {"start": "00:00:16", "end": "00:00:21", "text": "right at that tipping point. We hit this"}, {"start": "00:00:18", "end": "00:00:24", "text": "81 mark a couple times and Bitcoin is"}, {"start": "00:00:21", "end": "00:00:26", "text": "not slowing down. If we could push back"}, {"start": "00:00:24", "end": "00:00:29", "text": "the push, excuse me. If we could keep"}, {"start": "00:00:26", "end": "00:00:32", "text": "pushing this upwards,"}, {"start": "00:00:29", "end": "00:00:38", "text": "man, we're going to break through that"}, {"start": "00:00:32", "end": "00:00:40", "text": "83 that we formed in May and and shortly"}, {"start": "00:00:38", "end": "00:00:42", "text": "afterwards, we'll be in the 90s, right?"}, {"start": "00:00:40", "end": "00:00:46", "text": "This is our this is our time to shine."}, {"start": "00:00:42", "end": "00:00:48", "text": "So, today we had close to two billion in"}, {"start": "00:00:46", "end": "00:00:50", "text": "shorts"}, {"start": "00:00:48", "end": "00:00:52", "text": "liquidated."}, {"start": "00:00:50", "end": "00:00:54", "text": "Once again, those shorts are not feeling"}, {"start": "00:00:52", "end": "00:00:56", "text": "well right now. And I covered it this"}, {"start": "00:00:54", "end": "00:00:58", "text": "morning. I was showing you guys the"}, {"start": "00:00:56", "end": "00:01:00", "text": "pressure map on a ask clash. And"}, {"start": "00:00:58", "end": "00:01:02", "text": "hopefully you guys are using it because"}, {"start": "00:01:00", "end": "00:01:05", "text": "we got so much metrics and charts and"}, {"start": "00:01:02", "end": "00:01:08", "text": "data that's on there for you guys to use"}, {"start": "00:01:05", "end": "00:01:11", "text": "and learn from. But I showed you guys"}, {"start": "00:01:08", "end": "00:01:13", "text": "how there was a lot of"}, {"start": "00:01:11", "end": "00:01:16", "text": "levels waiting to get liquidated right"}, {"start": "00:01:13", "end": "00:01:18", "text": "around the 80s, right? And pushing up to"}, {"start": "00:01:16", "end": "00:01:21", "text": "about 81. And that's exactly where we"}, {"start": "00:01:18", "end": "00:01:25", "text": "are. the market makers love to do that."}, {"start": "00:01:21", "end": "00:01:27", "text": "Just clear out the the levels, but now"}, {"start": "00:01:25", "end": "00:01:29", "text": "that we're here, we just need a little"}, {"start": "00:01:27", "end": "00:01:32", "text": "more push to go upwards. And I I could"}, {"start": "00:01:29", "end": "00:01:33", "text": "feel it. And you could see today the"}, {"start": "00:01:32", "end": "00:01:35", "text": "broader market too did really well. This"}, {"start": "00:01:33", "end": "00:01:38", "text": "morning while I was streaming, I I"}, {"start": "00:01:35", "end": "00:01:40", "text": "noticed like Robin Hood, Coinbase,"}, {"start": "00:01:38", "end": "00:01:42", "text": "Strategy going up, and then everything"}, {"start": "00:01:40", "end": "00:01:44", "text": "else followed. I mean, on my watch list,"}, {"start": "00:01:42", "end": "00:01:48", "text": "basically everything turned green. Tesla"}, {"start": "00:01:44", "end": "00:01:51", "text": "had a huge day, like 8%. SpaceX had a"}, {"start": "00:01:48", "end": "00:01:55", "text": "huge day. Um, cyber cabs are starting to"}, {"start": "00:01:51", "end": "00:01:57", "text": "roll out. That's why. Um, but yeah,"}, {"start": "00:01:55", "end": "00:01:59", "text": "today was just all around good day. Now,"}, {"start": "00:01:57", "end": "00:02:01", "text": "you may be wondering what caused it,"}, {"start": "00:01:59", "end": "00:02:05", "text": "right? What's the number one reason?"}, {"start": "00:02:01", "end": "00:02:07", "text": "Two, one is one of the Fed governors,"}, {"start": "00:02:05", "end": "00:02:12", "text": "Waller, came out and said he's okay with"}, {"start": "00:02:07", "end": "00:02:15", "text": "this month having a pause on on hikes."}, {"start": "00:02:12", "end": "00:02:18", "text": "So, we do have a FOMC meeting in a"}, {"start": "00:02:15", "end": "00:02:21", "text": "couple weeks. I think September 16th and"}, {"start": "00:02:18", "end": "00:02:24", "text": "the estimates right now are skewed"}, {"start": "00:02:21", "end": "00:02:26", "text": "towards us having a hike, right? And"}, {"start": "00:02:24", "end": "00:02:29", "text": "that's what scared markets off last week"}, {"start": "00:02:26", "end": "00:02:31", "text": "because of what Walsh said and people"}, {"start": "00:02:29", "end": "00:02:33", "text": "thought he was very hawkish. So Waller"}, {"start": "00:02:31", "end": "00:02:37", "text": "came out and said, \"You know what? Based"}, {"start": "00:02:33", "end": "00:02:38", "text": "on what I'm seeing, I'm okay not hiking"}, {"start": "00:02:37", "end": "00:02:41", "text": "this time around.\" And that kind of set"}, {"start": "00:02:38", "end": "00:02:44", "text": "things off. Vance today also said he was"}, {"start": "00:02:41", "end": "00:02:46", "text": "asked and he's like he's not saying we"}, {"start": "00:02:44", "end": "00:02:48", "text": "should hold. He's he's saying we should"}, {"start": "00:02:46", "end": "00:02:51", "text": "cut, you know, he's holding the same"}, {"start": "00:02:48", "end": "00:02:55", "text": "position as as Trump, which is basically"}, {"start": "00:02:51", "end": "00:02:56", "text": "let's let's cut let's help the economy,"}, {"start": "00:02:55", "end": "00:02:59", "text": "right? And we do need it. A lot of our"}, {"start": "00:02:56", "end": "00:03:02", "text": "numbers are weak. You know, you can't"}, {"start": "00:02:59", "end": "00:03:04", "text": "really judge how well the economy is"}, {"start": "00:03:02", "end": "00:03:06", "text": "just by how the markets are. Sometimes"}, {"start": "00:03:04", "end": "00:03:08", "text": "stock market does well, sometimes"}, {"start": "00:03:06", "end": "00:03:10", "text": "commodity market does well, right?"}, {"start": "00:03:08", "end": "00:03:12", "text": "That's not a overall reflection of the"}, {"start": "00:03:10", "end": "00:03:15", "text": "entire"}, {"start": "00:03:12", "end": "00:03:18", "text": "economy. Um even though right now there"}, {"start": "00:03:15", "end": "00:03:20", "text": "are a lot of things that"}, {"start": "00:03:18", "end": "00:03:24", "text": "uh that are against us like obviously"}, {"start": "00:03:20", "end": "00:03:25", "text": "the war and inflation and stuff like"}, {"start": "00:03:24", "end": "00:03:29", "text": "that that's making it very hard for"}, {"start": "00:03:25", "end": "00:03:32", "text": "markets to rally. But right now is that"}, {"start": "00:03:29", "end": "00:03:34", "text": "time, right? Normally in a year,"}, {"start": "00:03:32", "end": "00:03:38", "text": "especially like election years or"}, {"start": "00:03:34", "end": "00:03:41", "text": "midterm years or whatever years, this is"}, {"start": "00:03:38", "end": "00:03:44", "text": "around that time like the September,"}, {"start": "00:03:41", "end": "00:03:45", "text": "October, November, you know, is when"}, {"start": "00:03:44", "end": "00:03:48", "text": "things start turning around. This"}, {"start": "00:03:45", "end": "00:03:50", "text": "happened the same thing in 2025. If you"}, {"start": "00:03:48", "end": "00:03:53", "text": "look at the charts from from August on,"}, {"start": "00:03:50", "end": "00:03:56", "text": "it was just glorious until Novemberish,"}, {"start": "00:03:53", "end": "00:03:58", "text": "right? November, Decemberish. and it"}, {"start": "00:03:56", "end": "00:04:00", "text": "could be the same thing"}, {"start": "00:03:58", "end": "00:04:02", "text": "this year. It's just looking like it's"}, {"start": "00:04:00", "end": "00:04:05", "text": "all aligning, right? So, I think the"}, {"start": "00:04:02", "end": "00:04:06", "text": "biggest catalyst right now is investors"}, {"start": "00:04:05", "end": "00:04:10", "text": "are starting to feel a little bit easier"}, {"start": "00:04:06", "end": "00:04:12", "text": "about this upcoming FOMC meeting and"}, {"start": "00:04:10", "end": "00:04:15", "text": "thinking that this is the right time to"}, {"start": "00:04:12", "end": "00:04:17", "text": "be stacking and loading up. And we know"}, {"start": "00:04:15", "end": "00:04:19", "text": "that crypto has been coming off a bottom"}, {"start": "00:04:17", "end": "00:04:22", "text": "already, right? We were stuck in the 60s"}, {"start": "00:04:19", "end": "00:04:24", "text": "for so long. And I told you guys that"}, {"start": "00:04:22", "end": "00:04:26", "text": "whenever we do go through a crypto"}, {"start": "00:04:24", "end": "00:04:28", "text": "winter, especially the bottoming"}, {"start": "00:04:26", "end": "00:04:29", "text": "process, it's just you're just going"}, {"start": "00:04:28", "end": "00:04:31", "text": "sideways. Just that's it. You're just"}, {"start": "00:04:29", "end": "00:04:33", "text": "going sideways for months upon months."}, {"start": "00:04:31", "end": "00:04:37", "text": "And that's what we did. We just went"}, {"start": "00:04:33", "end": "00:04:39", "text": "sideways for like 6 months. And now"}, {"start": "00:04:37", "end": "00:04:42", "text": "we're coming back up. And we're coming"}, {"start": "00:04:39", "end": "00:04:44", "text": "back up a little more. And I've always"}, {"start": "00:04:42", "end": "00:04:46", "text": "said this too, and I haven't said it"}, {"start": "00:04:44", "end": "00:04:49", "text": "recently, but normally speaking,"}, {"start": "00:04:46", "end": "00:04:52", "text": "recoveries are twice as fast as"}, {"start": "00:04:49", "end": "00:04:54", "text": "downturns, right? Because people love to"}, {"start": "00:04:52", "end": "00:04:56", "text": "FOMO. That's that's honestly the truth."}, {"start": "00:04:54", "end": "00:04:59", "text": "During downturns, right? People aren't"}, {"start": "00:04:56", "end": "00:05:01", "text": "buying and, you know, people are just"}, {"start": "00:04:59", "end": "00:05:05", "text": "panic selling and eventually just"}, {"start": "00:05:01", "end": "00:05:08", "text": "selling. But man, when there's FOMO"}, {"start": "00:05:05", "end": "00:05:10", "text": "that people don't want to miss out. So,"}, {"start": "00:05:08", "end": "00:05:12", "text": "normally speaking, recoveries are twice"}, {"start": "00:05:10", "end": "00:05:15", "text": "as quick. So, if you think about it, if"}, {"start": "00:05:12", "end": "00:05:19", "text": "if it took us 8 months, okay, from"}, {"start": "00:05:15", "end": "00:05:21", "text": "December to to to August,"}, {"start": "00:05:19", "end": "00:05:23", "text": "if that was our crypto winter, which is"}, {"start": "00:05:21", "end": "00:05:24", "text": "actually really short. Traditionally"}, {"start": "00:05:23", "end": "00:05:26", "text": "speaking, crypto winters are like a year"}, {"start": "00:05:24", "end": "00:05:31", "text": "and a half. So, this is like twice as"}, {"start": "00:05:26", "end": "00:05:34", "text": "fast. But assuming that we can get back"}, {"start": "00:05:31", "end": "00:05:38", "text": "up within 4 months, which means"}, {"start": "00:05:34", "end": "00:05:40", "text": "September, October, November, December,"}, {"start": "00:05:38", "end": "00:05:43", "text": "4 months, we could get back to our"}, {"start": "00:05:40", "end": "00:05:45", "text": "previous high. There's actually a really"}, {"start": "00:05:43", "end": "00:05:47", "text": "good chance of that. I don't see any"}, {"start": "00:05:45", "end": "00:05:50", "text": "reason why. I said before, I would be"}, {"start": "00:05:47", "end": "00:05:55", "text": "very happy to see Bitcoin back above"}, {"start": "00:05:50", "end": "00:05:58", "text": "100K by uh midterms, which is like mid"}, {"start": "00:05:55", "end": "00:06:00", "text": "November. And if we could do that and it"}, {"start": "00:05:58", "end": "00:06:03", "text": "turns out to be very positive, we can"}, {"start": "00:06:00", "end": "00:06:06", "text": "rally from that point uh until the end"}, {"start": "00:06:03", "end": "00:06:08", "text": "of the year until like 126. So I see no"}, {"start": "00:06:06", "end": "00:06:11", "text": "reason why. But the way we're moving"}, {"start": "00:06:08", "end": "00:06:14", "text": "now, if we shatter through 815, that's"}, {"start": "00:06:11", "end": "00:06:16", "text": "like our temporary resistance right now."}, {"start": "00:06:14", "end": "00:06:18", "text": "And next stop is about 83. That's our"}, {"start": "00:06:16", "end": "00:06:22", "text": "May high. But after that, it moves up"}, {"start": "00:06:18", "end": "00:06:26", "text": "really quick to 90 98. I think there"}, {"start": "00:06:22", "end": "00:06:30", "text": "there there isn't much to stop us. Uh if"}, {"start": "00:06:26", "end": "00:06:32", "text": "we could hit a 100K, let's say by the"}, {"start": "00:06:30", "end": "00:06:34", "text": "end of this month or sometime in October"}, {"start": "00:06:32", "end": "00:06:36", "text": "and we're ahead of schedule, then I"}, {"start": "00:06:34", "end": "00:06:39", "text": "think it's very likely that we can break"}, {"start": "00:06:36", "end": "00:06:41", "text": "through 126 again and and head even"}, {"start": "00:06:39", "end": "00:06:43", "text": "higher. Maybe even make a new high by"}, {"start": "00:06:41", "end": "00:06:45", "text": "the end of this year. That would be"}, {"start": "00:06:43", "end": "00:06:49", "text": "absolutely fantastic. That would be"}, {"start": "00:06:45", "end": "00:06:51", "text": "awesome. Awesome. So looking forward to"}, {"start": "00:06:49", "end": "00:06:53", "text": "it. That's the bottom line. And there's"}, {"start": "00:06:51", "end": "00:06:55", "text": "really nothing else. I've been covering"}, {"start": "00:06:53", "end": "00:06:58", "text": "for months upon months about, you know,"}, {"start": "00:06:55", "end": "00:07:01", "text": "the turnaround and how it could be quick"}, {"start": "00:06:58", "end": "00:07:03", "text": "and all the signals, the patterns, the"}, {"start": "00:07:01", "end": "00:07:05", "text": "metrics, the technicals show that we"}, {"start": "00:07:03", "end": "00:07:08", "text": "have bottomed, that we're going up,"}, {"start": "00:07:05", "end": "00:07:10", "text": "right? A lot of people didn't believe."}, {"start": "00:07:08", "end": "00:07:12", "text": "Now they're starting to. It's still not"}, {"start": "00:07:10", "end": "00:07:16", "text": "too late. We're still in the 80s. We're"}, {"start": "00:07:12", "end": "00:07:18", "text": "not 90s. We're not 2 thou 100,000. So if"}, {"start": "00:07:16", "end": "00:07:20", "text": "you've been sitting out, still not too"}, {"start": "00:07:18", "end": "00:07:22", "text": "late. and especially those alts. Alts"}, {"start": "00:07:20", "end": "00:07:25", "text": "still haven't really climbed yet. So,"}, {"start": "00:07:22", "end": "00:07:29", "text": "plenty of opportunity to jump in and"}, {"start": "00:07:25", "end": "00:07:31", "text": "start loading up again. Um,"}, {"start": "00:07:29", "end": "00:07:32", "text": "you know, before the run happens. And of"}, {"start": "00:07:31", "end": "00:07:34", "text": "course,"}, {"start": "00:07:32", "end": "00:07:37", "text": "same thing with Clash too, right? We had"}, {"start": "00:07:34", "end": "00:07:39", "text": "a really good run last year, right? you"}, {"start": "00:07:37", "end": "00:07:40", "text": "know, right when things were going up,"}, {"start": "00:07:39", "end": "00:07:42", "text": "people were feeling good and we got"}, {"start": "00:07:40", "end": "00:07:45", "text": "caught in this crypto winter, but the"}, {"start": "00:07:42", "end": "00:07:47", "text": "project survived. The token held and now"}, {"start": "00:07:45", "end": "00:07:49", "text": "you guys are seeing what I've been"}, {"start": "00:07:47", "end": "00:07:52", "text": "building with as Clash and then Clash"}, {"start": "00:07:49", "end": "00:07:55", "text": "Pics and Clash Project and the games and"}, {"start": "00:07:52", "end": "00:07:58", "text": "tournaments. Everything is all coming"}, {"start": "00:07:55", "end": "00:08:01", "text": "together and I've made some big progress"}, {"start": "00:07:58", "end": "00:08:02", "text": "today on what I'm going to do next for"}, {"start": "00:08:01", "end": "00:08:04", "text": "Clash Picks. That's going to be"}, {"start": "00:08:02", "end": "00:08:06", "text": "revolutionary and you guys will love it"}, {"start": "00:08:04", "end": "00:08:08", "text": "and I'm still improving ass Clash and a"}, {"start": "00:08:06", "end": "00:08:10", "text": "lot of you guys are on there every"}, {"start": "00:08:08", "end": "00:08:12", "text": "single day. But if you if you haven't"}, {"start": "00:08:10", "end": "00:08:16", "text": "been on there, you should. There's no"}, {"start": "00:08:12", "end": "00:08:19", "text": "reason why you you don't want to use the"}, {"start": "00:08:16", "end": "00:08:20", "text": "tools that I'm providing. I mean, every"}, {"start": "00:08:19", "end": "00:08:22", "text": "day I show it in my streams. You guys"}, {"start": "00:08:20", "end": "00:08:25", "text": "should check it out. All right, that's"}, {"start": "00:08:22", "end": "00:08:29", "text": "it, guys. I'm going leave you guys to"}, {"start": "00:08:25", "end": "00:08:32", "text": "it. Uh, it's a good day overall. GBT6"}, {"start": "00:08:29", "end": "00:08:33", "text": "Astra kind of came out. OpenAI announced"}, {"start": "00:08:32", "end": "00:08:36", "text": "it, but they're not letting people have"}, {"start": "00:08:33", "end": "00:08:38", "text": "it yet. Kind of disappointing, but the B"}, {"start": "00:08:36", "end": "00:08:40", "text": "benchmarks and people that got an early"}, {"start": "00:08:38", "end": "00:08:43", "text": "review"}, {"start": "00:08:40", "end": "00:08:45", "text": "um are all saying it's like the the most"}, {"start": "00:08:43", "end": "00:08:47", "text": "amazing thing and it could be the true"}, {"start": "00:08:45", "end": "00:08:51", "text": "AGI we've been waiting for. So, that's"}, {"start": "00:08:47", "end": "00:08:53", "text": "something else as well. Um"}, {"start": "00:08:51", "end": "00:08:55", "text": "so, hopefully we'll get to test it soon."}, {"start": "00:08:53", "end": "00:08:56", "text": "All right, have a good one, guys. Smash"}, {"start": "00:08:55", "end": "00:09:00", "text": "it a like, subscribe to the channel."}, {"start": "00:08:56", "end": "00:09:00", "text": "Take care. Bye-bye."}]

[{"start": "00:00:02", "end": "00:00:07", "text": "Welcome back to Cryptos are Us. I'm"}, {"start": "00:00:05", "end": "00:00:10", "text": "George."}, {"start": "00:00:07", "end": "00:00:14", "text": "We're all George. Welcome to another"}, {"start": "00:00:10", "end": "00:00:17", "text": "market open stream. Today, Bitcoin is"}, {"start": "00:00:14", "end": "00:00:20", "text": "coming back up once again. Despite the"}, {"start": "00:00:17", "end": "00:00:22", "text": "macro fears,"}, {"start": "00:00:20", "end": "00:00:25", "text": "Bitcoin"}, {"start": "00:00:22", "end": "00:00:28", "text": "is showing how it could be entering its"}, {"start": "00:00:25", "end": "00:00:31", "text": "next bull phase. And there are a lot of"}, {"start": "00:00:28", "end": "00:00:35", "text": "good things to talk about. So, let's"}, {"start": "00:00:31", "end": "00:00:38", "text": "talk about all these things and more."}, {"start": "00:00:35", "end": "00:00:41", "text": "All right, let's do it."}, {"start": "00:00:38", "end": "00:00:44", "text": "Let's do it, guys. Welcome, welcome,"}, {"start": "00:00:41", "end": "00:00:46", "text": "welcome. As you can see, we have climbed"}, {"start": "00:00:44", "end": "00:00:48", "text": "almost 2,000 points higher than"}, {"start": "00:00:46", "end": "00:00:51", "text": "yesterday,"}, {"start": "00:00:48", "end": "00:00:55", "text": "almost back to 79."}, {"start": "00:00:51", "end": "00:00:57", "text": "But overall, when you zoom out, right,"}, {"start": "00:00:55", "end": "00:00:58", "text": "you'll realize that we're still going"}, {"start": "00:00:57", "end": "00:01:03", "text": "sideways, which is quite fine. Ever"}, {"start": "00:00:58", "end": "00:01:07", "text": "since we came up from that 62,000"}, {"start": "00:01:03", "end": "00:01:09", "text": "mark, we've been holding very steady"}, {"start": "00:01:07", "end": "00:01:11", "text": "where we are. Even though we have just"}, {"start": "00:01:09", "end": "00:01:14", "text": "like a few thousand points up and down,"}, {"start": "00:01:11", "end": "00:01:17", "text": "but we're not retracing back down to 66."}, {"start": "00:01:14", "end": "00:01:21", "text": "We're not going below."}, {"start": "00:01:17", "end": "00:01:25", "text": "So, this run definitely has legs. And we"}, {"start": "00:01:21", "end": "00:01:29", "text": "are definitely coming off from our"}, {"start": "00:01:25", "end": "00:01:31", "text": "crypto crypto winter lows. Right. So"}, {"start": "00:01:29", "end": "00:01:34", "text": "overall it's good. We're back up a"}, {"start": "00:01:31", "end": "00:01:38", "text": "little bit. Obviously shortterm we got"}, {"start": "00:01:34", "end": "00:01:42", "text": "like 81 to break. Longer term we got 83"}, {"start": "00:01:38", "end": "00:01:45", "text": "to break."}, {"start": "00:01:42", "end": "00:01:48", "text": "But that could come"}, {"start": "00:01:45", "end": "00:01:50", "text": "quickly out of nowhere especially if we"}, {"start": "00:01:48", "end": "00:01:54", "text": "get some good catalyst going. Uh today"}, {"start": "00:01:50", "end": "00:01:58", "text": "the US market is green, pretty green"}, {"start": "00:01:54", "end": "00:02:02", "text": "indeed, which is good. Mostly due to one"}, {"start": "00:01:58", "end": "00:02:02", "text": "Fed I think"}, {"start": "00:02:03", "end": "00:02:08", "text": "uh Fed Waller that says, you know what,"}, {"start": "00:02:05", "end": "00:02:13", "text": "even though"}, {"start": "00:02:08", "end": "00:02:15", "text": "inflation is high, I'm okay just holding"}, {"start": "00:02:13", "end": "00:02:17", "text": "okay holding the Fed bun rate this"}, {"start": "00:02:15", "end": "00:02:19", "text": "month."}, {"start": "00:02:17", "end": "00:02:21", "text": "And as of right now, it's still not"}, {"start": "00:02:19", "end": "00:02:23", "text": "looking great. If you refresh right"}, {"start": "00:02:21", "end": "00:02:26", "text": "here, you'll see that the whole"}, {"start": "00:02:23", "end": "00:02:28", "text": "percentage is right under 40%, hike at"}, {"start": "00:02:26", "end": "00:02:30", "text": "62%. But for a Fed governor to come out"}, {"start": "00:02:28", "end": "00:02:35", "text": "and say that, it's reassuring. And we"}, {"start": "00:02:30", "end": "00:02:39", "text": "know Trump does not want them to hike."}, {"start": "00:02:35", "end": "00:02:43", "text": "uh Walsh, you know, who was thought to"}, {"start": "00:02:39", "end": "00:02:49", "text": "be very pro- cutting,"}, {"start": "00:02:43", "end": "00:02:52", "text": "nonpro hiking, has, you know,"}, {"start": "00:02:49", "end": "00:02:55", "text": "has has been pretty hawkish recently."}, {"start": "00:02:52", "end": "00:02:57", "text": "So, we'll see. But this is encouraging."}, {"start": "00:02:55", "end": "00:03:00", "text": "Okay, this is one of those rare times"}, {"start": "00:02:57", "end": "00:03:03", "text": "where a Fed governor says something that"}, {"start": "00:03:00", "end": "00:03:05", "text": "is good because normally these guys they"}, {"start": "00:03:03", "end": "00:03:08", "text": "say, \"Oh, you know, I am in support of a"}, {"start": "00:03:05", "end": "00:03:09", "text": "cut uh or a hike or a bigger hike or"}, {"start": "00:03:08", "end": "00:03:13", "text": "whatever they say.\" And then it just"}, {"start": "00:03:09", "end": "00:03:16", "text": "scares the market. So, there is a chance"}, {"start": "00:03:13", "end": "00:03:18", "text": "that we don't have a hike in a couple"}, {"start": "00:03:16", "end": "00:03:21", "text": "weeks,"}, {"start": "00:03:18", "end": "00:03:23", "text": "right? And that would be fantastic."}, {"start": "00:03:21", "end": "00:03:26", "text": "Fantastic."}, {"start": "00:03:23", "end": "00:03:30", "text": "Uh what else is there? Well, as for the"}, {"start": "00:03:26", "end": "00:03:30", "text": "war, it seems to be still ongoing,"}, {"start": "00:03:30", "end": "00:03:37", "text": "right? And there are reports of Trump"}, {"start": "00:03:33", "end": "00:03:41", "text": "trying to decide what to do."}, {"start": "00:03:37", "end": "00:03:42", "text": "Okay. And it seems like I don't think he"}, {"start": "00:03:41", "end": "00:03:45", "text": "or anyone else wants this war to"}, {"start": "00:03:42", "end": "00:03:49", "text": "escalate ahead of midterms."}, {"start": "00:03:45", "end": "00:03:52", "text": "So there's a lot of decisions on what to"}, {"start": "00:03:49", "end": "00:03:55", "text": "do, what to"}, {"start": "00:03:52", "end": "00:04:00", "text": "whether to escalate or deescalate or or"}, {"start": "00:03:55", "end": "00:04:03", "text": "what. So kind of a mess right now. And"}, {"start": "00:04:00", "end": "00:04:06", "text": "of course, this doesn't help oil oil"}, {"start": "00:04:03", "end": "00:04:10", "text": "prices and inflation and all that stuff"}, {"start": "00:04:06", "end": "00:04:12", "text": "and irresponsible spending."}, {"start": "00:04:10", "end": "00:04:14", "text": "And I've mentioned that many times over"}, {"start": "00:04:12", "end": "00:04:17", "text": "and over and over. But you know what?"}, {"start": "00:04:14", "end": "00:04:20", "text": "It's the truth."}, {"start": "00:04:17", "end": "00:04:22", "text": "Now, moving forward, what else? Uh, I"}, {"start": "00:04:20", "end": "00:04:26", "text": "saw this CFTC asked a judge to dismiss"}, {"start": "00:04:22", "end": "00:04:31", "text": "CM lawsuit over crypto perpetual"}, {"start": "00:04:26", "end": "00:04:33", "text": "futures. It's funny how the CF CFTC"}, {"start": "00:04:31", "end": "00:04:36", "text": "is"}, {"start": "00:04:33", "end": "00:04:39", "text": "now helping crypto. They're suing states"}, {"start": "00:04:36", "end": "00:04:41", "text": "ones that are trying to ban B poly"}, {"start": "00:04:39", "end": "00:04:43", "text": "market"}, {"start": "00:04:41", "end": "00:04:45", "text": "and they're suing or where they're"}, {"start": "00:04:43", "end": "00:04:47", "text": "asking a judge to dismiss his lawsuit"}, {"start": "00:04:45", "end": "00:04:50", "text": "from the CM group which has been around"}, {"start": "00:04:47", "end": "00:04:53", "text": "forever to allow"}, {"start": "00:04:50", "end": "00:04:55", "text": "leverage to allow leverage trading."}, {"start": "00:04:53", "end": "00:04:58", "text": "That's what the perpetual futures are,"}, {"start": "00:04:55", "end": "00:05:01", "text": "right? CFTC is going out and saying,"}, {"start": "00:04:58", "end": "00:05:02", "text": "\"Hey, it's legal. We want to bring those"}, {"start": "00:05:01", "end": "00:05:05", "text": "exchanges back.\" and they're coming"}, {"start": "00:05:02", "end": "00:05:07", "text": "back."}, {"start": "00:05:05", "end": "00:05:09", "text": "It's funny how the CFCC has just done a"}, {"start": "00:05:07", "end": "00:05:11", "text": "complete 180"}, {"start": "00:05:09", "end": "00:05:14", "text": "and that's good. They're on they're"}, {"start": "00:05:11", "end": "00:05:18", "text": "they're on our side now, right? This is"}, {"start": "00:05:14", "end": "00:05:21", "text": "the the the federal agency that is"}, {"start": "00:05:18", "end": "00:05:23", "text": "supposed to be regulating,"}, {"start": "00:05:21", "end": "00:05:26", "text": "you know, commodity trading and"}, {"start": "00:05:23", "end": "00:05:28", "text": "commodities and and and"}, {"start": "00:05:26", "end": "00:05:30", "text": "a lot of crypto because a lot of cryptos"}, {"start": "00:05:28", "end": "00:05:34", "text": "are nonsecurities. basically is under"}, {"start": "00:05:30", "end": "00:05:34", "text": "the jurisdiction of CFTC."}, {"start": "00:05:35", "end": "00:05:40", "text": "Fantastic."}, {"start": "00:05:37", "end": "00:05:40", "text": "Fantastic indeed."}, {"start": "00:05:41", "end": "00:05:49", "text": "Uh here's another inflow day."}, {"start": "00:05:46", "end": "00:05:51", "text": "We've been having some flip-flopping,"}, {"start": "00:05:49", "end": "00:05:54", "text": "but mostly still green, which is good."}, {"start": "00:05:51", "end": "00:05:56", "text": "Net 7day,"}, {"start": "00:05:54", "end": "00:06:00", "text": "$1 billion."}, {"start": "00:05:56", "end": "00:06:02", "text": "That's the most important thing. Um, ETH"}, {"start": "00:06:00", "end": "00:06:04", "text": "had a bad day yesterday, but it had a"}, {"start": "00:06:02", "end": "00:06:09", "text": "very long win streak of inflows. And"}, {"start": "00:06:04", "end": "00:06:11", "text": "again, look at the last seven days, 875."}, {"start": "00:06:09", "end": "00:06:15", "text": "And actually, look at the last 30 days,"}, {"start": "00:06:11", "end": "00:06:15", "text": "almost 2 billion."}, {"start": "00:06:16", "end": "00:06:22", "text": "Soul still had a good day yesterday,"}, {"start": "00:06:18", "end": "00:06:25", "text": "plus 10 million, 230 million the last 30"}, {"start": "00:06:22", "end": "00:06:28", "text": "days. Uh, XRP plus 7 and a half million"}, {"start": "00:06:25", "end": "00:06:31", "text": "last 30 days. Overall, we're still"}, {"start": "00:06:28", "end": "00:06:35", "text": "moving in the right direction. Okay,"}, {"start": "00:06:31", "end": "00:06:39", "text": "which is very, very good. Look at"}, {"start": "00:06:35", "end": "00:06:42", "text": "Bitcoin plus three billion the last 30"}, {"start": "00:06:39", "end": "00:06:45", "text": "days. So, right now, Wall Street still"}, {"start": "00:06:42", "end": "00:06:48", "text": "tends to be flip-floppy,"}, {"start": "00:06:45", "end": "00:06:50", "text": "you know, depending on the day and macro"}, {"start": "00:06:48", "end": "00:06:52", "text": "scare or whatever that's going on,"}, {"start": "00:06:50", "end": "00:06:54", "text": "right? But overall, more money is"}, {"start": "00:06:52", "end": "00:06:57", "text": "definitely flowing back in. That"}, {"start": "00:06:54", "end": "00:07:00", "text": "rotation is coming back in. Liquidity,"}, {"start": "00:06:57", "end": "00:07:05", "text": "same thing. Plus 300 million in one day"}, {"start": "00:07:00", "end": "00:07:08", "text": "alone, right? And you're seeing that U"}, {"start": "00:07:05", "end": "00:07:13", "text": "recovery just like prices."}, {"start": "00:07:08", "end": "00:07:13", "text": "You seeing that with liquidity,"}, {"start": "00:07:14", "end": "00:07:19", "text": "so that's good."}, {"start": "00:07:17", "end": "00:07:22", "text": "Liquidations,"}, {"start": "00:07:19", "end": "00:07:25", "text": "a lot of shorts getting liquidated. 250"}, {"start": "00:07:22", "end": "00:07:28", "text": "million wrecked mostly on the short"}, {"start": "00:07:25", "end": "00:07:30", "text": "side. Okay, which is good. So, right now"}, {"start": "00:07:28", "end": "00:07:33", "text": "we're like bouncing between that 1 to"}, {"start": "00:07:30", "end": "00:07:36", "text": "2,000 mark and that is what we're seeing"}, {"start": "00:07:33", "end": "00:07:40", "text": "here. It it explains it perfectly. So,"}, {"start": "00:07:36", "end": "00:07:42", "text": "we just liquidated all this around 70,"}, {"start": "00:07:40", "end": "00:07:44", "text": "you know, low70s, right? And we're"}, {"start": "00:07:42", "end": "00:07:48", "text": "bouncing between this channel. And if"}, {"start": "00:07:44", "end": "00:07:50", "text": "you look, there's more"}, {"start": "00:07:48", "end": "00:07:53", "text": "some some levels right around here, a"}, {"start": "00:07:50", "end": "00:07:58", "text": "heavy level around 793."}, {"start": "00:07:53", "end": "00:08:00", "text": "But leading up to it, all this"}, {"start": "00:07:58", "end": "00:08:02", "text": "waiting to be liquidated, right? But"}, {"start": "00:08:00", "end": "00:08:05", "text": "there's a big level at 792. So it would"}, {"start": "00:08:02", "end": "00:08:08", "text": "not surprise me"}, {"start": "00:08:05", "end": "00:08:12", "text": "that we hit that today. We go to 792 or"}, {"start": "00:08:08", "end": "00:08:15", "text": "three uh later today. maybe just like"}, {"start": "00:08:12", "end": "00:08:17", "text": "bounce bounce to it and come back down"}, {"start": "00:08:15", "end": "00:08:20", "text": "or or we bounce above it. But it would"}, {"start": "00:08:17", "end": "00:08:23", "text": "not surprise me these market makers are"}, {"start": "00:08:20", "end": "00:08:25", "text": "really good really good at liquidating"}, {"start": "00:08:23", "end": "00:08:28", "text": "people,"}, {"start": "00:08:25", "end": "00:08:31", "text": "okay? And they tend [snorts] to find"}, {"start": "00:08:28", "end": "00:08:34", "text": "these levels and then drive prices up or"}, {"start": "00:08:31", "end": "00:08:36", "text": "down and then boom,"}, {"start": "00:08:34", "end": "00:08:39", "text": "they're out."}, {"start": "00:08:36", "end": "00:08:42", "text": "So, we'll see. This is a good one. If we"}, {"start": "00:08:39", "end": "00:08:44", "text": "do go up there, big short squeezes and"}, {"start": "00:08:42", "end": "00:08:47", "text": "then maybe we could try to test 81"}, {"start": "00:08:44", "end": "00:08:49", "text": "again. You could see above 80. There's"}, {"start": "00:08:47", "end": "00:08:51", "text": "not a whole lot, right? So, right now,"}, {"start": "00:08:49", "end": "00:08:54", "text": "again, it's just like a fight right"}, {"start": "00:08:51", "end": "00:08:57", "text": "below 80,000 and we could break above"}, {"start": "00:08:54", "end": "00:09:00", "text": "head back to 81 and we'll try again."}, {"start": "00:08:57", "end": "00:09:03", "text": "Third time is usually the charm. We have"}, {"start": "00:09:00", "end": "00:09:07", "text": "not been able to break out from 81. We"}, {"start": "00:09:03", "end": "00:09:08", "text": "do do that. It'll be a third try."}, {"start": "00:09:07", "end": "00:09:10", "text": "Could"}, {"start": "00:09:08", "end": "00:09:13", "text": "be good."}, {"start": "00:09:10", "end": "00:09:17", "text": "Could be good."}, {"start": "00:09:13", "end": "00:09:21", "text": "Uh, golden cross."}, {"start": "00:09:17", "end": "00:09:24", "text": "Golden crosses here. Last few times we"}, {"start": "00:09:21", "end": "00:09:29", "text": "had golden cross. You can see"}, {"start": "00:09:24", "end": "00:09:32", "text": "pretty good. Pretty good. 15 October 15"}, {"start": "00:09:29", "end": "00:09:36", "text": "and 2015 I should say. April 2019, May"}, {"start": "00:09:32", "end": "00:09:42", "text": "2020, September 2021, February 2023,"}, {"start": "00:09:36", "end": "00:09:42", "text": "October 2023, October 2024, May 2025."}, {"start": "00:09:44", "end": "00:09:51", "text": "So, yeah, golden crosses are good"}, {"start": "00:09:52", "end": "00:09:59", "text": "and it's about to happen actually. Can"}, {"start": "00:09:55", "end": "00:10:02", "text": "we can we see that?"}, {"start": "00:09:59", "end": "00:10:04", "text": "Yeah, right there. You see it"}, {"start": "00:10:02", "end": "00:10:08", "text": "on a daily chart. You see how we're"}, {"start": "00:10:04", "end": "00:10:11", "text": "going to form that that cross. Actually,"}, {"start": "00:10:08", "end": "00:10:13", "text": "if you look at stochastic too,"}, {"start": "00:10:11", "end": "00:10:16", "text": "stochastic is looking like it wants to"}, {"start": "00:10:13", "end": "00:10:19", "text": "flip right right below too. So things"}, {"start": "00:10:16", "end": "00:10:22", "text": "are lining except MACD is not looking"}, {"start": "00:10:19", "end": "00:10:24", "text": "good. But you know what? MACD can flip"}, {"start": "00:10:22", "end": "00:10:27", "text": "above as well. But that golden cross is"}, {"start": "00:10:24", "end": "00:10:27", "text": "coming"}, {"start": "00:10:27", "end": "00:10:32", "text": "and that's a really good thing on a"}, {"start": "00:10:30", "end": "00:10:34", "text": "short-term scale."}, {"start": "00:10:32", "end": "00:10:34", "text": "[cough and clears throat]"}, {"start": "00:10:35", "end": "00:10:42", "text": "What else? Another indicator"}, {"start": "00:10:38", "end": "00:10:46", "text": "SOPR breaks 11 month suppression"}, {"start": "00:10:42", "end": "00:10:48", "text": "signaling potential cycle reversal. We"}, {"start": "00:10:46", "end": "00:10:50", "text": "got so many of these. So many of these"}, {"start": "00:10:48", "end": "00:10:52", "text": "technicals,"}, {"start": "00:10:50", "end": "00:10:54", "text": "onchain metrics,"}, {"start": "00:10:52", "end": "00:10:58", "text": "fractal patterns,"}, {"start": "00:10:54", "end": "00:11:00", "text": "you name it."}, {"start": "00:10:58", "end": "00:11:04", "text": "All showing that we are coming up from"}, {"start": "00:11:00", "end": "00:11:07", "text": "our crypto bottom. So just accept it."}, {"start": "00:11:04", "end": "00:11:11", "text": "There may be some that are still waiting"}, {"start": "00:11:07", "end": "00:11:15", "text": "for us to like retouch upon"}, {"start": "00:11:11", "end": "00:11:17", "text": "new lows, go below 60, go into the 50s"}, {"start": "00:11:15", "end": "00:11:19", "text": "or 40s."}, {"start": "00:11:17", "end": "00:11:22", "text": "You just got to read the room."}, {"start": "00:11:19", "end": "00:11:26", "text": "Everything is turning around,"}, {"start": "00:11:22", "end": "00:11:26", "text": "right? So"}, {"start": "00:11:26", "end": "00:11:33", "text": "deal with it, bears."}, {"start": "00:11:29", "end": "00:11:35", "text": "Uh, Japan's remix point dumps all coins,"}, {"start": "00:11:33", "end": "00:11:38", "text": "leaves 1,5006"}, {"start": "00:11:35", "end": "00:11:40", "text": "Bitcoin. A soul cryptobet. I think a lot"}, {"start": "00:11:38", "end": "00:11:43", "text": "of people that did this in crypto winter"}, {"start": "00:11:40", "end": "00:11:45", "text": "realized, man, I should just hold"}, {"start": "00:11:43", "end": "00:11:47", "text": "Bitcoin,"}, {"start": "00:11:45", "end": "00:11:51", "text": "right? Bitcoin is the strongest, has the"}, {"start": "00:11:47", "end": "00:11:52", "text": "best performance long term. So, does not"}, {"start": "00:11:51", "end": "00:11:55", "text": "surprise me some of these bigger"}, {"start": "00:11:52", "end": "00:11:57", "text": "companies are coming to the same"}, {"start": "00:11:55", "end": "00:11:58", "text": "realization."}, {"start": "00:11:57", "end": "00:12:00", "text": "[clears throat] Although, some would"}, {"start": "00:11:58", "end": "00:12:02", "text": "argue you want to actually buy some of"}, {"start": "00:12:00", "end": "00:12:05", "text": "these altcoins now because during"}, {"start": "00:12:02", "end": "00:12:07", "text": "recoveries, alts will do better. So,"}, {"start": "00:12:05", "end": "00:12:10", "text": "they should have done this six months"}, {"start": "00:12:07", "end": "00:12:13", "text": "ago, not now."}, {"start": "00:12:10", "end": "00:12:16", "text": "But, it doesn't matter. You still win."}, {"start": "00:12:13", "end": "00:12:18", "text": "You still win big with Bitcoin."}, {"start": "00:12:16", "end": "00:12:21", "text": "Standard Charter launches spot. Bitcoin"}, {"start": "00:12:18", "end": "00:12:23", "text": "ether trading in the UAE."}, {"start": "00:12:21", "end": "00:12:28", "text": "That is great. Standard Charter is a big"}, {"start": "00:12:23", "end": "00:12:31", "text": "big global international bank. Their CEO"}, {"start": "00:12:28", "end": "00:12:35", "text": "says he hold I think he said he holds 25"}, {"start": "00:12:31", "end": "00:12:38", "text": "or 30% of his own personal net worth in"}, {"start": "00:12:35", "end": "00:12:42", "text": "Bitcoin. He's very bullish about Bitcoin"}, {"start": "00:12:38", "end": "00:12:44", "text": "overall. It's good to see a CEO of a"}, {"start": "00:12:42", "end": "00:12:47", "text": "major bank"}, {"start": "00:12:44", "end": "00:12:50", "text": "actually embrace and love and adopt"}, {"start": "00:12:47", "end": "00:12:52", "text": "Bitcoin and crypto rather than all the"}, {"start": "00:12:50", "end": "00:12:53", "text": "other ones that are still kind of"}, {"start": "00:12:52", "end": "00:12:55", "text": "pretending to like it but they really"}, {"start": "00:12:53", "end": "00:12:59", "text": "don't fighting over the clarity act. You"}, {"start": "00:12:55", "end": "00:13:04", "text": "know, you got all this stuff going on."}, {"start": "00:12:59", "end": "00:13:04", "text": "Uh this is looking at EM ribbon."}, {"start": "00:13:05", "end": "00:13:09", "text": "So looking good on that. Here's"}, {"start": "00:13:07", "end": "00:13:12", "text": "something else."}, {"start": "00:13:09", "end": "00:13:15", "text": "looking at a sixday"}, {"start": "00:13:12", "end": "00:13:18", "text": "super trend. I don't even know what"}, {"start": "00:13:15", "end": "00:13:21", "text": "indicator this is, but it measures"}, {"start": "00:13:18", "end": "00:13:25", "text": "Bitcoin bottoms. That's that's how I"}, {"start": "00:13:21", "end": "00:13:30", "text": "take it. It's measuring Bitcoin bottoms."}, {"start": "00:13:25", "end": "00:13:32", "text": "And the last few times we flipped from"}, {"start": "00:13:30", "end": "00:13:35", "text": "this red"}, {"start": "00:13:32", "end": "00:13:37", "text": "to bluish green,"}, {"start": "00:13:35", "end": "00:13:39", "text": "we went on tremendous runs with the"}, {"start": "00:13:37", "end": "00:13:41", "text": "exception on 2020 because that was"}, {"start": "00:13:39", "end": "00:13:43", "text": "COVID. Otherwise, we would have just"}, {"start": "00:13:41", "end": "00:13:45", "text": "continued forward. But for the most"}, {"start": "00:13:43", "end": "00:13:48", "text": "part, you could see it's been pretty"}, {"start": "00:13:45", "end": "00:13:48", "text": "darn accurate."}, {"start": "00:13:50", "end": "00:13:54", "text": "And guess what?"}, {"start": "00:13:52", "end": "00:13:58", "text": "It just flipped blue."}, {"start": "00:13:54", "end": "00:14:01", "text": "It just flipped blue. You can't see it"}, {"start": "00:13:58", "end": "00:14:06", "text": "really, but it did."}, {"start": "00:14:01", "end": "00:14:08", "text": "So, another great indicator."}, {"start": "00:14:06", "end": "00:14:10", "text": "Uh, what else? I think that's pretty"}, {"start": "00:14:08", "end": "00:14:15", "text": "much it."}, {"start": "00:14:10", "end": "00:14:19", "text": "Salana still going crazy with revenue,"}, {"start": "00:14:15", "end": "00:14:21", "text": "app revenue, chain revenue, DEX revenue."}, {"start": "00:14:19", "end": "00:14:24", "text": "Although you have others like Robin Hood"}, {"start": "00:14:21", "end": "00:14:26", "text": "chain that is making a lot of money now."}, {"start": "00:14:24", "end": "00:14:30", "text": "You still have like Hype that's making a"}, {"start": "00:14:26", "end": "00:14:30", "text": "lot of money, but"}, {"start": "00:14:30", "end": "00:14:39", "text": "Salana is leading the way. That's good."}, {"start": "00:14:36", "end": "00:14:41", "text": "It's good. All right. That that is"}, {"start": "00:14:39", "end": "00:14:44", "text": "pretty much it. It's a light lighter"}, {"start": "00:14:41", "end": "00:14:46", "text": "news day."}, {"start": "00:14:44", "end": "00:14:48", "text": "On AI front, there's a lot of rumors"}, {"start": "00:14:46", "end": "00:14:51", "text": "that"}, {"start": "00:14:48", "end": "00:14:53", "text": "GBD6 is going to come out today."}, {"start": "00:14:51", "end": "00:14:55", "text": "I'm looking forward to that. I mean, we"}, {"start": "00:14:53", "end": "00:14:59", "text": "had two or three models come out"}, {"start": "00:14:55", "end": "00:15:04", "text": "yesterday. Metam Muse 1.3 came out."}, {"start": "00:14:59", "end": "00:15:06", "text": "Gemini 3.8 came out. And we may have"}, {"start": "00:15:04", "end": "00:15:09", "text": "GPD6, which would be the big one. and"}, {"start": "00:15:06", "end": "00:15:12", "text": "we'll see how it compares to Fable."}, {"start": "00:15:09", "end": "00:15:16", "text": "Fable 5.1 is certainly smart, but it's"}, {"start": "00:15:12", "end": "00:15:20", "text": "very, very expensive and people are just"}, {"start": "00:15:16", "end": "00:15:23", "text": "bitching about how costly it is to use."}, {"start": "00:15:20", "end": "00:15:26", "text": "So, maybe GBD6 will change that. Uh,"}, {"start": "00:15:23", "end": "00:15:27", "text": "that's pretty much it. We're doing well"}, {"start": "00:15:26", "end": "00:15:30", "text": "today."}, {"start": "00:15:27", "end": "00:15:34", "text": "Almost 79,000."}, {"start": "00:15:30", "end": "00:15:38", "text": "Oh, I see Robin Hood. Robin Hood popped"}, {"start": "00:15:34", "end": "00:15:40", "text": "13%. They must have had a"}, {"start": "00:15:38", "end": "00:15:44", "text": "earnings report or something. I must"}, {"start": "00:15:40", "end": "00:15:44", "text": "have missed it. But that's good for me."}, {"start": "00:15:45", "end": "00:15:51", "text": "What What happened with Robin Hood? Did"}, {"start": "00:15:48", "end": "00:15:51", "text": "they report?"}, {"start": "00:16:00", "end": "00:16:06", "text": "No."}, {"start": "00:16:02", "end": "00:16:06", "text": "I think it's just people"}, {"start": "00:16:14", "end": "00:16:19", "text": "No, they didn't report yet. I don't know"}, {"start": "00:16:16", "end": "00:16:22", "text": "what they just I guess they're just"}, {"start": "00:16:19", "end": "00:16:24", "text": "something happened. Robin Hood uh"}, {"start": "00:16:22", "end": "00:16:27", "text": "Strategy and Coinbase also exploding"}, {"start": "00:16:24", "end": "00:16:30", "text": "today."}, {"start": "00:16:27", "end": "00:16:33", "text": "Look at that. Strategy up about 7%"}, {"start": "00:16:30", "end": "00:16:36", "text": "today. Good for Sailor. must be feeling"}, {"start": "00:16:33", "end": "00:16:38", "text": "a lot better these days. Coinbase, look"}, {"start": "00:16:36", "end": "00:16:40", "text": "at that. Up 7% today. I think today is"}, {"start": "00:16:38", "end": "00:16:44", "text": "just a"}, {"start": "00:16:40", "end": "00:16:50", "text": "a good crypto day. Any any company"}, {"start": "00:16:44", "end": "00:16:50", "text": "involved with crypto trading, especially"}, {"start": "00:16:55", "end": "00:16:59", "text": "All right, let's do some Q&A."}, {"start": "00:17:55", "end": "00:18:00", "text": "So also I don't know why this not"}, {"start": "00:17:58", "end": "00:18:03", "text": "working here."}, {"start": "00:18:00", "end": "00:18:08", "text": "Hold on."}, {"start": "00:18:03", "end": "00:18:08", "text": "Log out. Log back in."}, {"start": "00:18:15", "end": "00:18:25", "text": "did not show the tournament. It's weird."}, {"start": "00:18:20", "end": "00:18:25", "text": "I was going to say there is a tournament"}, {"start": "00:18:29", "end": "00:18:33", "text": "on Clash Project. I don't know why the"}, {"start": "00:18:31", "end": "00:18:36", "text": "front page is not showing, but we do"}, {"start": "00:18:33", "end": "00:18:38", "text": "have a tournament tomorrow."}, {"start": "00:18:36", "end": "00:18:40", "text": "Man, time flies that tomorrow is Friday"}, {"start": "00:18:38", "end": "00:18:43", "text": "already. But we have a big frontline"}, {"start": "00:18:40", "end": "00:18:45", "text": "tournament. So, those of you guys that"}, {"start": "00:18:43", "end": "00:18:48", "text": "do enjoy first-person shooters,"}, {"start": "00:18:45", "end": "00:18:49", "text": "multiplayer action,"}, {"start": "00:18:48", "end": "00:18:52", "text": "make sure you sign up on the class"}, {"start": "00:18:49", "end": "00:18:52", "text": "project."}, {"start": "00:18:55", "end": "00:18:58", "text": "All right."}, {"start": "00:19:19", "end": "00:19:25", "text": "Have I reviewed a 440i with a B58"}, {"start": "00:19:22", "end": "00:19:27", "text": "engine? No, I have not. I've never liked"}, {"start": "00:19:25", "end": "00:19:30", "text": "the 4 series. I don't know why BMW had"}, {"start": "00:19:27", "end": "00:19:33", "text": "to make the 4 series in the first place."}, {"start": "00:19:30", "end": "00:19:34", "text": "3 series is fine"}, {"start": "00:19:33", "end": "00:19:36", "text": "and then they decided to make the four"}, {"start": "00:19:34", "end": "00:19:37", "text": "series. I guess it's because they wanted"}, {"start": "00:19:36", "end": "00:19:39", "text": "two doors. But, you know, the the funny"}, {"start": "00:19:37", "end": "00:19:42", "text": "thing is you could get a four-door 4"}, {"start": "00:19:39", "end": "00:19:44", "text": "series too, which again then doesn't"}, {"start": "00:19:42", "end": "00:19:46", "text": "make a lot of sense. I don't know. BMW,"}, {"start": "00:19:44", "end": "00:19:48", "text": "I think, just went crazy and just came"}, {"start": "00:19:46", "end": "00:19:53", "text": "out with too many series. But no, I've"}, {"start": "00:19:48", "end": "00:19:53", "text": "never reviewed a four series before."}, {"start": "00:20:23", "end": "00:20:26", "text": "No, four series doesn't compete with the"}, {"start": "00:20:24", "end": "00:20:30", "text": "E-Class."}, {"start": "00:20:26", "end": "00:20:30", "text": "5 series does."}, {"start": "00:20:37", "end": "00:20:42", "text": "Yeah. I mean, there's too many series"}, {"start": "00:20:38", "end": "00:20:46", "text": "and like too many like weird SUVs now,"}, {"start": "00:20:42", "end": "00:20:49", "text": "too. BMW has like so many SUVs"}, {"start": "00:20:46", "end": "00:20:50", "text": "and I don't see anyone buying them. You"}, {"start": "00:20:49", "end": "00:20:53", "text": "know, it would have been fine with just"}, {"start": "00:20:50", "end": "00:20:58", "text": "the X5, X6,"}, {"start": "00:20:53", "end": "00:21:01", "text": "uh, X3, X5, X6, and X7. Like those four"}, {"start": "00:20:58", "end": "00:21:04", "text": "were good. And then they decide to come"}, {"start": "00:21:01", "end": "00:21:07", "text": "out the X1, X2,"}, {"start": "00:21:04", "end": "00:21:09", "text": "X4. like they they just have to fill out"}, {"start": "00:21:07", "end": "00:21:13", "text": "every single freaking number. There's no"}, {"start": "00:21:09", "end": "00:21:16", "text": "reason for that. X4 is a baby X6. No one"}, {"start": "00:21:13", "end": "00:21:19", "text": "buys X4. No one. You'll never see"}, {"start": "00:21:16", "end": "00:21:22", "text": "anyone. X1 is"}, {"start": "00:21:19", "end": "00:21:23", "text": "pretty small. So, you don't see a lot of"}, {"start": "00:21:22", "end": "00:21:24", "text": "people. Although they made it a little"}, {"start": "00:21:23", "end": "00:21:26", "text": "bit bigger, but it was just like a"}, {"start": "00:21:24", "end": "00:21:28", "text": "little hatchback. And then you got a X2."}, {"start": "00:21:26", "end": "00:21:31", "text": "I don't I don't even know the difference"}, {"start": "00:21:28", "end": "00:21:34", "text": "between X1 and X2. Seems like it's just"}, {"start": "00:21:31", "end": "00:21:36", "text": "smaller than X3."}, {"start": "00:21:34", "end": "00:21:40", "text": "BMW just went crazy with all the all the"}, {"start": "00:21:36", "end": "00:21:42", "text": "lines, every single number. And then the"}, {"start": "00:21:40", "end": "00:21:47", "text": "X7 doesn't make any sense because they"}, {"start": "00:21:42", "end": "00:21:50", "text": "have X3M, X5M, X6M."}, {"start": "00:21:47", "end": "00:21:54", "text": "They don't have X7M. They just have a X7"}, {"start": "00:21:50", "end": "00:21:55", "text": "Alpina. Like what the hell is that?"}, {"start": "00:21:54", "end": "00:21:57", "text": "[laughter]"}, {"start": "00:21:55", "end": "00:22:01", "text": "It's the only one that has this Alpina"}, {"start": "00:21:57", "end": "00:22:06", "text": "thing and it should just be a M. Um, so"}, {"start": "00:22:01", "end": "00:22:06", "text": "again, BMW is just weird."}, {"start": "00:22:07", "end": "00:22:11", "text": "If you're going with German, just go"}, {"start": "00:22:09", "end": "00:22:17", "text": "with Mercedes"}, {"start": "00:22:11", "end": "00:22:17", "text": "or Audi. Like, just just skip over BMWs."}, {"start": "00:22:29", "end": "00:22:35", "text": "I do not like the new M3. I don't like"}, {"start": "00:22:32", "end": "00:22:41", "text": "the new design language of BMWs at all."}, {"start": "00:22:35", "end": "00:22:41", "text": "It looks too much like a prototype car."}, {"start": "00:22:41", "end": "00:22:44", "text": "I don't know. I just feel like"}, {"start": "00:22:42", "end": "00:22:46", "text": "automakers can't really design well"}, {"start": "00:22:44", "end": "00:22:49", "text": "anymore."}, {"start": "00:22:46", "end": "00:22:53", "text": "Like this come out sometimes come out"}, {"start": "00:22:49", "end": "00:22:56", "text": "with these like weird looking designs."}, {"start": "00:22:53", "end": "00:22:56", "text": "I don't know."}, {"start": "00:23:10", "end": "00:23:14", "text": "What do you think would be the best"}, {"start": "00:23:11", "end": "00:23:15", "text": "macro catalyst that would launch BDC to"}, {"start": "00:23:14", "end": "00:23:18", "text": "omega candle? I don't even know what a"}, {"start": "00:23:15", "end": "00:23:20", "text": "omega candle is, but I think clarity act"}, {"start": "00:23:18", "end": "00:23:24", "text": "passing would be huge"}, {"start": "00:23:20", "end": "00:23:24", "text": "for sure."}, {"start": "00:23:50", "end": "00:23:53", "text": "Do you still want a Plymouth Prowler? I"}, {"start": "00:23:52", "end": "00:23:55", "text": "feel like you wanted one years ago. I"}, {"start": "00:23:53", "end": "00:23:57", "text": "do. I still think they look great. You"}, {"start": "00:23:55", "end": "00:24:00", "text": "never like see them on the street"}, {"start": "00:23:57", "end": "00:24:03", "text": "anymore,"}, {"start": "00:24:00", "end": "00:24:06", "text": "but man, this year because of all my AI"}, {"start": "00:24:03", "end": "00:24:09", "text": "development, I I haven't really touch"}, {"start": "00:24:06", "end": "00:24:12", "text": "cars at all. Um, and I don't have a"}, {"start": "00:24:09", "end": "00:24:13", "text": "space and quite frankly in crypto winter"}, {"start": "00:24:12", "end": "00:24:15", "text": "is not the time to be thinking about"}, {"start": "00:24:13", "end": "00:24:18", "text": "buying a new car."}, {"start": "00:24:15", "end": "00:24:19", "text": "But I would, you know, I would totally"}, {"start": "00:24:18", "end": "00:24:22", "text": "buy that car. I think it's a it's a"}, {"start": "00:24:19", "end": "00:24:26", "text": "classic. It looks great. Doesn't have"}, {"start": "00:24:22", "end": "00:24:26", "text": "the performance, but"}, {"start": "00:24:27", "end": "00:24:34", "text": "I don't know. It's one of the best"}, {"start": "00:24:28", "end": "00:24:34", "text": "looking cars ever made in my opinion."}, {"start": "00:24:34", "end": "00:24:37", "text": "Especially"}, {"start": "00:24:52", "end": "00:24:57", "text": "when you take out the bumpers."}, {"start": "00:24:55", "end": "00:24:59", "text": "You take out the bumpers. The two front"}, {"start": "00:24:57", "end": "00:25:03", "text": "individual bumpers on the Prowler just"}, {"start": "00:24:59", "end": "00:25:03", "text": "looks so good."}, {"start": "00:25:03", "end": "00:25:08", "text": "The interior obviously is dated and it's"}, {"start": "00:25:06", "end": "00:25:10", "text": "not very fast and there's not a lot of"}, {"start": "00:25:08", "end": "00:25:12", "text": "room to like put in a new engine."}, {"start": "00:25:10", "end": "00:25:15", "text": "Although I heard people stuffed the"}, {"start": "00:25:12", "end": "00:25:17", "text": "Hellcat engine in there and it fit"}, {"start": "00:25:15", "end": "00:25:21", "text": "somehow. I'm sure they had to like cut"}, {"start": "00:25:17", "end": "00:25:21", "text": "up the frame or whatever. [snorts]"}, {"start": "00:25:39", "end": "00:25:43", "text": "Prowers are bull market cars. PD"}, {"start": "00:25:41", "end": "00:25:45", "text": "Cruisers are bare market. You know, the"}, {"start": "00:25:43", "end": "00:25:47", "text": "funny thing is Prowlers haven't gone up"}, {"start": "00:25:45", "end": "00:25:49", "text": "that much in value,"}, {"start": "00:25:47", "end": "00:25:51", "text": "right? Everything else, like all any of"}, {"start": "00:25:49", "end": "00:25:54", "text": "the old classics have gone up a lot in"}, {"start": "00:25:51", "end": "00:25:57", "text": "value, but I guess people don't consider"}, {"start": "00:25:54", "end": "00:25:59", "text": "Prowers as a classic car. They haven't"}, {"start": "00:25:57", "end": "00:26:02", "text": "really moved. they're still, you know,"}, {"start": "00:25:59", "end": "00:26:04", "text": "30s, 40s, 50s."}, {"start": "00:26:02", "end": "00:26:06", "text": "You would figure they would be"}, {"start": "00:26:04", "end": "00:26:09", "text": "approaching like six figures, but"}, {"start": "00:26:06", "end": "00:26:14", "text": "they're not, which is good."}, {"start": "00:26:09", "end": "00:26:16", "text": "But if you try to get, you know, a nice"}, {"start": "00:26:14", "end": "00:26:19", "text": "NSX, for example,"}, {"start": "00:26:16", "end": "00:26:21", "text": "first gen or second gen, forget about"}, {"start": "00:26:19", "end": "00:26:25", "text": "it. You know, unless they're like"}, {"start": "00:26:21", "end": "00:26:28", "text": "200,000 miles, you can't find one under"}, {"start": "00:26:25", "end": "00:26:31", "text": "60. They're all like a 100 plus. It's"}, {"start": "00:26:28", "end": "00:26:31", "text": "crazy."}, {"start": "00:27:11", "end": "00:27:15", "text": "Oh, look at this. Speaking of prediction"}, {"start": "00:27:12", "end": "00:27:18", "text": "market, call seek CFTC approval for"}, {"start": "00:27:15", "end": "00:27:20", "text": "crude perpetual futures. And they have"}, {"start": "00:27:18", "end": "00:27:23", "text": "they're just going all out with"}, {"start": "00:27:20", "end": "00:27:23", "text": "everything."}, {"start": "00:27:31", "end": "00:27:37", "text": "Uh, got Clash Pix predictions in here"}, {"start": "00:27:34", "end": "00:27:39", "text": "now. a lot of weekly candles,"}, {"start": "00:27:37", "end": "00:27:42", "text": "baseball,"}, {"start": "00:27:39", "end": "00:27:44", "text": "some soccer for those of you guys that"}, {"start": "00:27:42", "end": "00:27:46", "text": "are f I'm g I've been thinking really"}, {"start": "00:27:44", "end": "00:27:49", "text": "hard about clash pickicss. So, there are"}, {"start": "00:27:46", "end": "00:27:54", "text": "a couple big things coming up"}, {"start": "00:27:49", "end": "00:27:55", "text": "uh for you guys, for you guys that like"}, {"start": "00:27:54", "end": "00:27:58", "text": "predicting."}, {"start": "00:27:55", "end": "00:28:00", "text": "Uh first of all, um pretty soon,"}, {"start": "00:27:58", "end": "00:28:02", "text": "probably today, either today or"}, {"start": "00:28:00", "end": "00:28:05", "text": "tomorrow, there'll be a new login. So,"}, {"start": "00:28:02", "end": "00:28:08", "text": "if you are a Ask Clash"}, {"start": "00:28:05", "end": "00:28:10", "text": "member or subscriber,"}, {"start": "00:28:08", "end": "00:28:13", "text": "uh you'll be able to log on Clash Pix"}, {"start": "00:28:10", "end": "00:28:16", "text": "with your Ask Clash login. You'll be"}, {"start": "00:28:13", "end": "00:28:18", "text": "able to redeem your PClash without even"}, {"start": "00:28:16", "end": "00:28:20", "text": "connecting a wallet. So, that way more"}, {"start": "00:28:18", "end": "00:28:23", "text": "of you guys can go jump in, utilize"}, {"start": "00:28:20", "end": "00:28:25", "text": "PClash, which is given out for free. You"}, {"start": "00:28:23", "end": "00:28:27", "text": "could claim it once a week or play games"}, {"start": "00:28:25", "end": "00:28:30", "text": "and earn it. You can use that to make"}, {"start": "00:28:27", "end": "00:28:34", "text": "predictions. That's coming up. Another"}, {"start": "00:28:30", "end": "00:28:38", "text": "big thing is uh USDC USDC is going to"}, {"start": "00:28:34", "end": "00:28:41", "text": "come so stable coins rather than use"}, {"start": "00:28:38", "end": "00:28:46", "text": "soul or clash if you wanted to use your"}, {"start": "00:28:41", "end": "00:28:49", "text": "stable coins to make predictions you can"}, {"start": "00:28:46", "end": "00:28:52", "text": "a lot of stuff here. Um,"}, {"start": "00:28:49", "end": "00:28:58", "text": "so that's also coming up. But I'm also"}, {"start": "00:28:52", "end": "00:28:58", "text": "on top of that trying to figure out what"}, {"start": "00:28:59", "end": "00:29:03", "text": "like we have one major difference"}, {"start": "00:29:00", "end": "00:29:06", "text": "between us that's good and bad with"}, {"start": "00:29:03", "end": "00:29:08", "text": "Clash Pigs versus Call and Poly, which"}, {"start": "00:29:06", "end": "00:29:10", "text": "is we're paramutral, meaning that the"}, {"start": "00:29:08", "end": "00:29:13", "text": "losers just give to the winners. The"}, {"start": "00:29:10", "end": "00:29:16", "text": "percentage is based on just how many"}, {"start": "00:29:13", "end": "00:29:18", "text": "people are on one side versus the other,"}, {"start": "00:29:16", "end": "00:29:20", "text": "right? uh which is good because any side"}, {"start": "00:29:18", "end": "00:29:22", "text": "can get infinite amount of liquidity"}, {"start": "00:29:20", "end": "00:29:25", "text": "which is good for the other side. The"}, {"start": "00:29:22", "end": "00:29:27", "text": "bad is some people don't want to bid"}, {"start": "00:29:25", "end": "00:29:29", "text": "early or predict early. They want to"}, {"start": "00:29:27", "end": "00:29:31", "text": "wait till last minute. So not a whole"}, {"start": "00:29:29", "end": "00:29:33", "text": "lot of volume. So I'm still trying to"}, {"start": "00:29:31", "end": "00:29:35", "text": "figure out how to change that. I've been"}, {"start": "00:29:33", "end": "00:29:36", "text": "thinking about that recently and I think"}, {"start": "00:29:35", "end": "00:29:41", "text": "I'm going to come up with a solution. I"}, {"start": "00:29:36", "end": "00:29:41", "text": "think that's going to help a lot too."}, {"start": "00:29:42", "end": "00:29:46", "text": "So, a lot of big things coming to Clash"}, {"start": "00:29:44", "end": "00:29:48", "text": "Picks. You know, it's all tied in"}, {"start": "00:29:46", "end": "00:29:50", "text": "together. It is all part of the"}, {"start": "00:29:48", "end": "00:29:54", "text": "leaderboard. The Clash score. You could"}, {"start": "00:29:50", "end": "00:29:56", "text": "still earn real clash by predicting and"}, {"start": "00:29:54", "end": "00:29:59", "text": "competing the weekly leaderboard, but"}, {"start": "00:29:56", "end": "00:30:02", "text": "you also get a class score for every"}, {"start": "00:29:59", "end": "00:30:05", "text": "single prediction that you make. And"}, {"start": "00:30:02", "end": "00:30:08", "text": "that's just going to accumulate over"}, {"start": "00:30:05", "end": "00:30:08", "text": "time."}, {"start": "00:30:11", "end": "00:30:19", "text": "Yeah. So, a lot of big things coming up."}, {"start": "00:30:14", "end": "00:30:22", "text": "It's It's being tested right now."}, {"start": "00:30:19", "end": "00:30:25", "text": "It's all coming together. All coming"}, {"start": "00:30:22", "end": "00:30:25", "text": "together."}, {"start": "00:30:26", "end": "00:30:30", "text": "And for this tournament tomorrow,"}, {"start": "00:30:30", "end": "00:30:36", "text": "um I'm go throw up some uh Clash Pix"}, {"start": "00:30:34", "end": "00:30:40", "text": "events, too. I just had to figure out"}, {"start": "00:30:36", "end": "00:30:44", "text": "which ones would make sense, but like"}, {"start": "00:30:40", "end": "00:30:47", "text": "how many players and stuff like that,"}, {"start": "00:30:44", "end": "00:30:50", "text": "how well I do, you know, things that"}, {"start": "00:30:47", "end": "00:30:52", "text": "that make sense. And then later on, we"}, {"start": "00:30:50", "end": "00:30:54", "text": "could have more consistent stuff like if"}, {"start": "00:30:52", "end": "00:30:55", "text": "someone"}, {"start": "00:30:54", "end": "00:30:58", "text": "places a certain position or something"}, {"start": "00:30:55", "end": "00:31:02", "text": "like that. So, we'll have that ready for"}, {"start": "00:30:58", "end": "00:31:02", "text": "tomorrow, too."}, {"start": "00:31:03", "end": "00:31:06", "text": "Be good."}, {"start": "00:31:54", "end": "00:31:57", "text": ">> [snorts]"}, {"start": "00:31:54", "end": "00:31:59", "text": ">> higher class score for first prediction"}, {"start": "00:31:57", "end": "00:32:02", "text": "would be a decent incentive. You know,"}, {"start": "00:31:59", "end": "00:32:04", "text": "that's not a bad idea. Actually, that's"}, {"start": "00:32:02", "end": "00:32:09", "text": "actually a pretty good idea. But I think"}, {"start": "00:32:04", "end": "00:32:09", "text": "a lot of people still don't get"}, {"start": "00:32:09", "end": "00:32:14", "text": "Oh, look at that fanciness. Um, a lot of"}, {"start": "00:32:11", "end": "00:32:17", "text": "people still don't get the points system"}, {"start": "00:32:14", "end": "00:32:18", "text": "that we have and rightfully so because I"}, {"start": "00:32:17", "end": "00:32:21", "text": "just introduced it and we have a big"}, {"start": "00:32:18", "end": "00:32:25", "text": "algorithm that calculates"}, {"start": "00:32:21", "end": "00:32:28", "text": "all the points that everyone has and"}, {"start": "00:32:25", "end": "00:32:31", "text": "it's all the way down here right by"}, {"start": "00:32:28", "end": "00:32:33", "text": "holding NFTTS you acrew daily by"}, {"start": "00:32:31", "end": "00:32:35", "text": "competing in tournaments"}, {"start": "00:32:33", "end": "00:32:38", "text": "you know whether you're predicting"}, {"start": "00:32:35", "end": "00:32:40", "text": "whether you're using ass clash like you"}, {"start": "00:32:38", "end": "00:32:43", "text": "know uh it's all in here Okay. But the"}, {"start": "00:32:40", "end": "00:32:47", "text": "point system will be used in a in a big"}, {"start": "00:32:43", "end": "00:32:50", "text": "way in the future. So it's it's very"}, {"start": "00:32:47", "end": "00:32:53", "text": "advantageous to increase your score. Um"}, {"start": "00:32:50", "end": "00:32:55", "text": "so that's the whole point of this. But I"}, {"start": "00:32:53", "end": "00:33:00", "text": "like that. I think that's a that's a"}, {"start": "00:32:55", "end": "00:33:02", "text": "good incentive, but I think more like"}, {"start": "00:33:00", "end": "00:33:04", "text": "I think people want they have to get"}, {"start": "00:33:02", "end": "00:33:06", "text": "some kind of huge advantage for being"}, {"start": "00:33:04", "end": "00:33:07", "text": "first"}, {"start": "00:33:06", "end": "00:33:10", "text": "[clears throat]"}, {"start": "00:33:07", "end": "00:33:11", "text": "rather than last. Excuse me. So, I'm"}, {"start": "00:33:10", "end": "00:33:13", "text": "trying to figure that out. I will figure"}, {"start": "00:33:11", "end": "00:33:17", "text": "it out. I'll get something going good."}, {"start": "00:33:13", "end": "00:33:21", "text": "So, then people feel inclined to go"}, {"start": "00:33:17", "end": "00:33:21", "text": "first rather than last."}, {"start": "00:33:40", "end": "00:33:45", "text": "All right, I think that's pretty much"}, {"start": "00:33:42", "end": "00:33:48", "text": "it. Looking pretty good on the 4 hour."}, {"start": "00:33:45", "end": "00:33:52", "text": "MACD is about to turn green"}, {"start": "00:33:48", "end": "00:33:55", "text": "today overall. XRP soul"}, {"start": "00:33:52", "end": "00:33:58", "text": "all doing well today. Obviously, we"}, {"start": "00:33:55", "end": "00:34:00", "text": "still need to break out"}, {"start": "00:33:58", "end": "00:34:04", "text": "like right here."}, {"start": "00:34:00", "end": "00:34:07", "text": "We're inching closer to the top."}, {"start": "00:34:04", "end": "00:34:09", "text": "There's a 90 793."}, {"start": "00:34:07", "end": "00:34:11", "text": "I think we'll probably hit that soon."}, {"start": "00:34:09", "end": "00:34:14", "text": "Clear that leverage. Could give us a"}, {"start": "00:34:11", "end": "00:34:19", "text": "little more bump."}, {"start": "00:34:14", "end": "00:34:19", "text": "Uh maybe we get into the 80s today."}, {"start": "00:34:25", "end": "00:34:28", "text": "Is a leaderboard clash just based on"}, {"start": "00:34:27", "end": "00:34:30", "text": "picks and nothing else? It's based on"}, {"start": "00:34:28", "end": "00:34:33", "text": "wins. If you're talking about the one in"}, {"start": "00:34:30", "end": "00:34:35", "text": "Clash picks,"}, {"start": "00:34:33", "end": "00:34:37", "text": "so people that are"}, {"start": "00:34:35", "end": "00:34:42", "text": "predicting with P Clash was given out"}, {"start": "00:34:37", "end": "00:34:45", "text": "for free. This is based on your ROI and"}, {"start": "00:34:42", "end": "00:34:47", "text": "profit loss and volume too. People that"}, {"start": "00:34:45", "end": "00:34:49", "text": "have lower volume get penalized versus"}, {"start": "00:34:47", "end": "00:34:51", "text": "people that have higher volume. And then"}, {"start": "00:34:49", "end": "00:34:53", "text": "you get to win and collect Clash right"}, {"start": "00:34:51", "end": "00:34:55", "text": "here."}, {"start": "00:34:53", "end": "00:34:59", "text": "Right?"}, {"start": "00:34:55", "end": "00:35:01", "text": "This is how it is. So,"}, {"start": "00:34:59", "end": "00:35:06", "text": "um, so that's our way of getting people"}, {"start": "00:35:01", "end": "00:35:08", "text": "involved for free, no risk,"}, {"start": "00:35:06", "end": "00:35:10", "text": "but you have real rewards. And we have"}, {"start": "00:35:08", "end": "00:35:14", "text": "seen weeks where we've given out like"}, {"start": "00:35:10", "end": "00:35:17", "text": "during our NBA week or so, World Cup"}, {"start": "00:35:14", "end": "00:35:22", "text": "week or whatever, you know, it's been"}, {"start": "00:35:17", "end": "00:35:25", "text": "thousands of clash per per week. So,"}, {"start": "00:35:22", "end": "00:35:27", "text": "all the sports are about to start. NFL,"}, {"start": "00:35:25", "end": "00:35:29", "text": "NBA,"}, {"start": "00:35:27", "end": "00:35:31", "text": "NHL,"}, {"start": "00:35:29", "end": "00:35:34", "text": "we're going to get a big explosion of"}, {"start": "00:35:31", "end": "00:35:34", "text": "volume soon."}, {"start": "00:35:43", "end": "00:35:49", "text": "All right, guys. I'll let you guys go."}, {"start": "00:35:45", "end": "00:35:53", "text": "Overall today pretty good day all around"}, {"start": "00:35:49", "end": "00:35:56", "text": "for crypto waller."}, {"start": "00:35:53", "end": "00:35:59", "text": "I think this is I think this is what"}, {"start": "00:35:56", "end": "00:36:04", "text": "made today green saying that we may not"}, {"start": "00:35:59", "end": "00:36:05", "text": "get a hike this September or in a couple"}, {"start": "00:36:04", "end": "00:36:07", "text": "weeks."}, {"start": "00:36:05", "end": "00:36:10", "text": "But overall Bitcoin has been holding"}, {"start": "00:36:07", "end": "00:36:14", "text": "really well. The metrics, the patterns,"}, {"start": "00:36:10", "end": "00:36:17", "text": "everything is looking good. We're coming"}, {"start": "00:36:14", "end": "00:36:20", "text": "off from our bottom"}, {"start": "00:36:17", "end": "00:36:24", "text": "and this is the time"}, {"start": "00:36:20", "end": "00:36:27", "text": "to be holding and dinging, right?"}, {"start": "00:36:24", "end": "00:36:31", "text": "This is why it's worth holding and"}, {"start": "00:36:27", "end": "00:36:33", "text": "dinging for these recoveries."}, {"start": "00:36:31", "end": "00:36:34", "text": "All right, guys. That's it. Smash the"}, {"start": "00:36:33", "end": "00:36:38", "text": "like, subscribe to the channel, go check"}, {"start": "00:36:34", "end": "00:36:40", "text": "out Ask Clash, Clash Project, Clash"}, {"start": "00:36:38", "end": "00:36:42", "text": "Pics. It's all in the description."}, {"start": "00:36:40", "end": "00:36:45", "text": "You'll enjoy every single one of them."}, {"start": "00:36:42", "end": "00:36:45", "text": "All right. Have a good"}]

[{"start": "00:00:02", "end": "00:00:08", "text": "Welcome back"}, {"start": "00:00:04", "end": "00:00:11", "text": "to cryptos are us. I'm George."}, {"start": "00:00:08", "end": "00:00:15", "text": "We're all George. Welcome to another"}, {"start": "00:00:11", "end": "00:00:18", "text": "market open stream tonight or not this"}, {"start": "00:00:15", "end": "00:00:21", "text": "morning. Excuse me. Uh this morning,"}, {"start": "00:00:18", "end": "00:00:25", "text": "let's talk about what's going on with"}, {"start": "00:00:21", "end": "00:00:26", "text": "this macro situation that seems to be"}, {"start": "00:00:25", "end": "00:00:29", "text": "getting worse."}, {"start": "00:00:26", "end": "00:00:31", "text": "So, Bitcoin is facing this macro test"}, {"start": "00:00:29", "end": "00:00:34", "text": "once again."}, {"start": "00:00:31", "end": "00:00:38", "text": "Will it survive and what is causing"}, {"start": "00:00:34", "end": "00:00:40", "text": "this? Let's discuss."}, {"start": "00:00:38", "end": "00:00:44", "text": "All right,"}, {"start": "00:00:40", "end": "00:00:46", "text": "let's do it guys. Let's do it. Welcome,"}, {"start": "00:00:44", "end": "00:00:48", "text": "welcome, welcome."}, {"start": "00:00:46", "end": "00:00:50", "text": "We are starting out a day a little bit"}, {"start": "00:00:48", "end": "00:00:53", "text": "lower unfortunately than yesterday. Not"}, {"start": "00:00:50", "end": "00:00:56", "text": "too bad, but a little bit lower."}, {"start": "00:00:53", "end": "00:00:59", "text": "Yesterday's stock market was horrible."}, {"start": "00:00:56", "end": "00:01:02", "text": "tech, NASDAQ especially."}, {"start": "00:00:59", "end": "00:01:04", "text": "Okay. Uh, and Bitcoin actually did quite"}, {"start": "00:01:02", "end": "00:01:08", "text": "well. We did slide down a little bit"}, {"start": "00:01:04", "end": "00:01:12", "text": "around 767 obviously, but still overall"}, {"start": "00:01:08", "end": "00:01:15", "text": "holding very well compared to"}, {"start": "00:01:12", "end": "00:01:18", "text": "the tech selloff. Um, so that's pretty"}, {"start": "00:01:15", "end": "00:01:20", "text": "good. We're facing a couple macro stuff"}, {"start": "00:01:18", "end": "00:01:22", "text": "right now. Okay, in case you're"}, {"start": "00:01:20", "end": "00:01:24", "text": "wondering what what's happening. Well,"}, {"start": "00:01:22", "end": "00:01:27", "text": "one I already mentioned this and it"}, {"start": "00:01:24", "end": "00:01:31", "text": "continues to be a problem is our"}, {"start": "00:01:27", "end": "00:01:35", "text": "Treasury yield keeps going up and this"}, {"start": "00:01:31", "end": "00:01:38", "text": "is due to fears of the US dollar just"}, {"start": "00:01:35", "end": "00:01:41", "text": "becoming more worthless,"}, {"start": "00:01:38", "end": "00:01:44", "text": "inflation, whether or not we can pay"}, {"start": "00:01:41", "end": "00:01:48", "text": "back all of our debt. You you just"}, {"start": "00:01:44", "end": "00:01:50", "text": "compound all the the the questions that"}, {"start": "00:01:48", "end": "00:01:54", "text": "other nations have, investors have,"}, {"start": "00:01:50", "end": "00:01:58", "text": "funds have, and that is why the rates"}, {"start": "00:01:54", "end": "00:02:00", "text": "keep going up because there's less and"}, {"start": "00:01:58", "end": "00:02:04", "text": "less people out there that are looking"}, {"start": "00:02:00", "end": "00:02:06", "text": "to buy bonds, which are IUS for our"}, {"start": "00:02:04", "end": "00:02:08", "text": "government, if you didn't know that."}, {"start": "00:02:06", "end": "00:02:12", "text": "That's why the rates have to keep going"}, {"start": "00:02:08", "end": "00:02:15", "text": "up to entice more people, right? So that"}, {"start": "00:02:12", "end": "00:02:17", "text": "is a problem right now. Okay. And you"}, {"start": "00:02:15", "end": "00:02:20", "text": "don't want to see this continue to go"}, {"start": "00:02:17", "end": "00:02:23", "text": "up."}, {"start": "00:02:20", "end": "00:02:27", "text": "30-year is above 5% already. And 10 year"}, {"start": "00:02:23", "end": "00:02:29", "text": "is getting close to 5%. So both just"}, {"start": "00:02:27", "end": "00:02:33", "text": "keep going up and up and up and up. And"}, {"start": "00:02:29", "end": "00:02:35", "text": "this is one of the reasons why"}, {"start": "00:02:33", "end": "00:02:38", "text": "uh investors are kind of"}, {"start": "00:02:35", "end": "00:02:42", "text": "panicking right now. Okay? They think"}, {"start": "00:02:38", "end": "00:02:44", "text": "that this is going to lead somewhere"}, {"start": "00:02:42", "end": "00:02:47", "text": "no good. This is the reason why our"}, {"start": "00:02:44", "end": "00:02:49", "text": "Treasury Secretary Scott Bassant"}, {"start": "00:02:47", "end": "00:02:52", "text": "recently said, \"We're going to pledge up"}, {"start": "00:02:49", "end": "00:02:56", "text": "to a trillion dollars to stabilize by"}, {"start": "00:02:52", "end": "00:02:58", "text": "buying our own bonds with our own fake"}, {"start": "00:02:56", "end": "00:03:00", "text": "money.\""}, {"start": "00:02:58", "end": "00:03:02", "text": "Again, I don't know how that works. How"}, {"start": "00:03:00", "end": "00:03:05", "text": "he has a trillion dollars when we're $41"}, {"start": "00:03:02", "end": "00:03:08", "text": "trillion in debt to stabilize the bond"}, {"start": "00:03:05", "end": "00:03:11", "text": "market, right? But it's it's a band-aid."}, {"start": "00:03:08", "end": "00:03:14", "text": "It it doesn't really fix the inherent"}, {"start": "00:03:11", "end": "00:03:16", "text": "problems at all. But it's what kicked"}, {"start": "00:03:14", "end": "00:03:18", "text": "off the debasement trade ever since a"}, {"start": "00:03:16", "end": "00:03:21", "text": "few weeks ago, right? That's why gold"}, {"start": "00:03:18", "end": "00:03:24", "text": "start skyrocketing, Bitcoin went up, and"}, {"start": "00:03:21", "end": "00:03:26", "text": "it's still doing well. So that's one of"}, {"start": "00:03:24", "end": "00:03:29", "text": "the concern that's going on right now."}, {"start": "00:03:26", "end": "00:03:31", "text": "It's kind of holding things back. It's"}, {"start": "00:03:29", "end": "00:03:34", "text": "one of the reasons why Trump really,"}, {"start": "00:03:31", "end": "00:03:38", "text": "really, really, really wants Worish and"}, {"start": "00:03:34", "end": "00:03:44", "text": "others to cut rates to try to bring down"}, {"start": "00:03:38", "end": "00:03:46", "text": "our bond rates or yield. Um, and"}, {"start": "00:03:44", "end": "00:03:49", "text": "doesn't look like it's going to happen."}, {"start": "00:03:46", "end": "00:03:52", "text": "And this definitely isn't helping um you"}, {"start": "00:03:49", "end": "00:03:55", "text": "know the war situation. Even though"}, {"start": "00:03:52", "end": "00:03:59", "text": "our energy secretary says more than 17"}, {"start": "00:03:55", "end": "00:04:01", "text": "mill 17 million barrels trans transisted"}, {"start": "00:03:59", "end": "00:04:04", "text": "through the hormuse there are still"}, {"start": "00:04:01", "end": "00:04:06", "text": "ships getting hit with mines. It's still"}, {"start": "00:04:04", "end": "00:04:10", "text": "not completely open and with the war"}, {"start": "00:04:06", "end": "00:04:14", "text": "ongoing. Oil is above $90 a barrel"}, {"start": "00:04:10", "end": "00:04:17", "text": "again. And of course it's no good. No"}, {"start": "00:04:14", "end": "00:04:20", "text": "good for inflation"}, {"start": "00:04:17", "end": "00:04:20", "text": "for"}, {"start": "00:04:20", "end": "00:04:29", "text": "for rates which look like later this"}, {"start": "00:04:24", "end": "00:04:33", "text": "month the governors may be forced"}, {"start": "00:04:29", "end": "00:04:36", "text": "to hike our Fed fund rate."}, {"start": "00:04:33", "end": "00:04:39", "text": "We've been looking all year for more"}, {"start": "00:04:36", "end": "00:04:42", "text": "cuts and all of a sudden now we reverse"}, {"start": "00:04:39", "end": "00:04:44", "text": "to a point where we may get hikes"}, {"start": "00:04:42", "end": "00:04:49", "text": "already"}, {"start": "00:04:44", "end": "00:04:49", "text": "and that would not be good."}, {"start": "00:04:49", "end": "00:04:54", "text": "Not be good at all. So hopefully that"}, {"start": "00:04:52", "end": "00:04:58", "text": "doesn't happen."}, {"start": "00:04:54", "end": "00:05:01", "text": "All right. Now, as for Bitcoin, we had"}, {"start": "00:04:58", "end": "00:05:04", "text": "tremendous amount of inflows over the"}, {"start": "00:05:01", "end": "00:05:05", "text": "last week, over the last 90 days."}, {"start": "00:05:04", "end": "00:05:08", "text": "Yesterday, unfortunately, we had an"}, {"start": "00:05:05", "end": "00:05:12", "text": "outflow minus 237"}, {"start": "00:05:08", "end": "00:05:14", "text": "million, but ETH remains positive. You"}, {"start": "00:05:12", "end": "00:05:18", "text": "can see all that green green for several"}, {"start": "00:05:14", "end": "00:05:20", "text": "weeks now, which is fantastic."}, {"start": "00:05:18", "end": "00:05:23", "text": "Soul still remaining green. All those"}, {"start": "00:05:20", "end": "00:05:27", "text": "green weeks, 10 plus million. And same"}, {"start": "00:05:23", "end": "00:05:30", "text": "thing with XRP. So soul ETH still seeing"}, {"start": "00:05:27", "end": "00:05:32", "text": "money come back in which is good."}, {"start": "00:05:30", "end": "00:05:34", "text": "Bitcoin a little shakier right now"}, {"start": "00:05:32", "end": "00:05:36", "text": "because investors,"}, {"start": "00:05:34", "end": "00:05:39", "text": "you know, they tend to be reacting to"}, {"start": "00:05:36", "end": "00:05:41", "text": "the markets and when they see bad signs,"}, {"start": "00:05:39", "end": "00:05:43", "text": "they just sell off everything, right?"}, {"start": "00:05:41", "end": "00:05:45", "text": "But there are definitely a lot of people"}, {"start": "00:05:43", "end": "00:05:48", "text": "coming back in. There's no doubt about"}, {"start": "00:05:45", "end": "00:05:52", "text": "it. The cap rotation have started a"}, {"start": "00:05:48", "end": "00:05:54", "text": "little bit. Not not like FOMO territory,"}, {"start": "00:05:52", "end": "00:05:57", "text": "but a little bit,"}, {"start": "00:05:54", "end": "00:05:59", "text": "which is good. Which is good. So, right"}, {"start": "00:05:57", "end": "00:06:02", "text": "now we're, you know, right around that"}, {"start": "00:05:59", "end": "00:06:02", "text": "77,000."}, {"start": "00:06:03", "end": "00:06:09", "text": "The macro conditions is weighing us"}, {"start": "00:06:05", "end": "00:06:12", "text": "down, weighing everything down,"}, {"start": "00:06:09", "end": "00:06:13", "text": "right? And we'll just have to see where"}, {"start": "00:06:12", "end": "00:06:15", "text": "this goes. You know, it tends to"}, {"start": "00:06:13", "end": "00:06:18", "text": "flip-flop a lot, though, you know, like"}, {"start": "00:06:15", "end": "00:06:22", "text": "from one week to another to another,"}, {"start": "00:06:18", "end": "00:06:25", "text": "right? like things can change very"}, {"start": "00:06:22", "end": "00:06:27", "text": "quickly, but right now this whole war"}, {"start": "00:06:25", "end": "00:06:31", "text": "situation seems to be in the center of"}, {"start": "00:06:27", "end": "00:06:32", "text": "it and it just doesn't seem to stop. You"}, {"start": "00:06:31", "end": "00:06:36", "text": "know, there was a ceasefire or the war"}, {"start": "00:06:32", "end": "00:06:39", "text": "is over and oil goes back down, right?"}, {"start": "00:06:36", "end": "00:06:41", "text": "It helps a lot of things. Uh with the"}, {"start": "00:06:39", "end": "00:06:45", "text": "war ongoing, guess what? We have to"}, {"start": "00:06:41", "end": "00:06:47", "text": "spend more money, too. as well as"}, {"start": "00:06:45", "end": "00:06:49", "text": "face the reality of higher oil which"}, {"start": "00:06:47", "end": "00:06:51", "text": "means higher gas price which means"}, {"start": "00:06:49", "end": "00:06:53", "text": "higher"}, {"start": "00:06:51", "end": "00:06:56", "text": "labor rates, higher you know"}, {"start": "00:06:53", "end": "00:06:59", "text": "manufacturing prices, everything."}, {"start": "00:06:56", "end": "00:07:04", "text": "So that's unfortunate situation right"}, {"start": "00:06:59", "end": "00:07:06", "text": "now. However, life moves on. G20."}, {"start": "00:07:04", "end": "00:07:10", "text": "Well, this isn't that good, but it says"}, {"start": "00:07:06", "end": "00:07:12", "text": "the White House is readying tariffs on"}, {"start": "00:07:10", "end": "00:07:16", "text": "semiconductors"}, {"start": "00:07:12", "end": "00:07:20", "text": "to protect our assets like Nvidia,"}, {"start": "00:07:16", "end": "00:07:22", "text": "right? Make sure that others are not"}, {"start": "00:07:20", "end": "00:07:24", "text": "are not"}, {"start": "00:07:22", "end": "00:07:28", "text": "this is really for AI, right? Not going"}, {"start": "00:07:24", "end": "00:07:32", "text": "to leapfrog us. However, China's not"}, {"start": "00:07:28", "end": "00:07:34", "text": "standing still. And all the new models,"}, {"start": "00:07:32", "end": "00:07:36", "text": "all the new AI models out of China that"}, {"start": "00:07:34", "end": "00:07:39", "text": "are great,"}, {"start": "00:07:36", "end": "00:07:41", "text": "and I'll get to more of that at the end."}, {"start": "00:07:39", "end": "00:07:43", "text": "They're not even trained on Nvidia"}, {"start": "00:07:41", "end": "00:07:45", "text": "models, uh, Nvidia GPUs anymore. So,"}, {"start": "00:07:43", "end": "00:07:50", "text": "this might not even work anymore going"}, {"start": "00:07:45", "end": "00:07:52", "text": "forward. uh China's uh Huawei, they came"}, {"start": "00:07:50", "end": "00:07:54", "text": "up with their own chips and now all the"}, {"start": "00:07:52", "end": "00:07:57", "text": "AI models are training off of that and"}, {"start": "00:07:54", "end": "00:08:01", "text": "it's doing very well for them. So this"}, {"start": "00:07:57", "end": "00:08:04", "text": "may not even have any effect. But at the"}, {"start": "00:08:01", "end": "00:08:07", "text": "G20, they also"}, {"start": "00:08:04", "end": "00:08:11", "text": "formally recognize digital assets role"}, {"start": "00:08:07", "end": "00:08:17", "text": "in the broader economic"}, {"start": "00:08:11", "end": "00:08:20", "text": "growth which is good. Every nation"}, {"start": "00:08:17", "end": "00:08:25", "text": "on the planet"}, {"start": "00:08:20", "end": "00:08:29", "text": "is starting to adopt and embrace"}, {"start": "00:08:25", "end": "00:08:33", "text": "Bitcoin, stable coins, ledger systems,"}, {"start": "00:08:29", "end": "00:08:35", "text": "you name it, right? So,"}, {"start": "00:08:33", "end": "00:08:38", "text": "fantastic"}, {"start": "00:08:35", "end": "00:08:41", "text": "Clarity Act that may be passing later"}, {"start": "00:08:38", "end": "00:08:43", "text": "this month in a couple weeks. They're"}, {"start": "00:08:41", "end": "00:08:50", "text": "gonna vote on it again"}, {"start": "00:08:43", "end": "00:08:52", "text": "and we'll see if we get that vote."}, {"start": "00:08:50", "end": "00:08:53", "text": "We just had a clarity act actually"}, {"start": "00:08:52", "end": "00:08:55", "text": "happened in Russia. I covered it"}, {"start": "00:08:53", "end": "00:08:59", "text": "yesterday. In Russia now there's a lot"}, {"start": "00:08:55", "end": "00:09:03", "text": "of good things. Companies can invest and"}, {"start": "00:08:59", "end": "00:09:05", "text": "uh and uh users can can invest and a"}, {"start": "00:09:03", "end": "00:09:07", "text": "whole bunch of other stuff and and they"}, {"start": "00:09:05", "end": "00:09:09", "text": "could offer services. Um, so we need"}, {"start": "00:09:07", "end": "00:09:11", "text": "something like that in the US. Even"}, {"start": "00:09:09", "end": "00:09:14", "text": "though the CFTC and SEC both said"}, {"start": "00:09:11", "end": "00:09:15", "text": "they're going to move forward"}, {"start": "00:09:14", "end": "00:09:19", "text": "and create their own frameworks and"}, {"start": "00:09:15", "end": "00:09:21", "text": "allow things to be open"}, {"start": "00:09:19", "end": "00:09:22", "text": "even without the clarity, but with the"}, {"start": "00:09:21", "end": "00:09:28", "text": "clarity, it just kind of puts everything"}, {"start": "00:09:22", "end": "00:09:30", "text": "into place. So that is also coming up."}, {"start": "00:09:28", "end": "00:09:32", "text": "Looking forward to it."}, {"start": "00:09:30", "end": "00:09:35", "text": "Looking forward to it."}, {"start": "00:09:32", "end": "00:09:37", "text": "strategy reveals why they sold Bitcoin"}, {"start": "00:09:35", "end": "00:09:39", "text": "before buying back higher. I mean,"}, {"start": "00:09:37", "end": "00:09:43", "text": "they've been trolled a lot recently"}, {"start": "00:09:39", "end": "00:09:46", "text": "saying, \"Why did they sell around 60,000"}, {"start": "00:09:43", "end": "00:09:48", "text": "and buy back at 80,000, right?\" That's"}, {"start": "00:09:46", "end": "00:09:51", "text": "panic selling. That's usually what"}, {"start": "00:09:48", "end": "00:09:53", "text": "happens with investors that don't"}, {"start": "00:09:51", "end": "00:09:54", "text": "understand situation and they panic sell"}, {"start": "00:09:53", "end": "00:09:56", "text": "and then they have to buy back at a"}, {"start": "00:09:54", "end": "00:09:59", "text": "higher price. It happens all the time."}, {"start": "00:09:56", "end": "00:10:01", "text": "So, the best move normally is just don't"}, {"start": "00:09:59", "end": "00:10:04", "text": "make any moves."}, {"start": "00:10:01", "end": "00:10:07", "text": "Well, Fong Lee where who is their CEO?"}, {"start": "00:10:04", "end": "00:10:10", "text": "Yes, sailor's not CEO. He's chairman"}, {"start": "00:10:07", "end": "00:10:14", "text": "said that the decision was driven by"}, {"start": "00:10:10", "end": "00:10:15", "text": "finance financing economics."}, {"start": "00:10:14", "end": "00:10:17", "text": "Describes the sale as a right trade for"}, {"start": "00:10:15", "end": "00:10:20", "text": "a company at a time. Yeah. Because they"}, {"start": "00:10:17", "end": "00:10:22", "text": "were facing a lot of pressure. Their"}, {"start": "00:10:20", "end": "00:10:25", "text": "their stock was tanking. Stretch was"}, {"start": "00:10:22", "end": "00:10:28", "text": "tanking. They needed to reassure"}, {"start": "00:10:25", "end": "00:10:32", "text": "investors that they would sell if they"}, {"start": "00:10:28", "end": "00:10:33", "text": "needed to and they did. and uh and it"}, {"start": "00:10:32", "end": "00:10:35", "text": "kind of stabilized things, right? I"}, {"start": "00:10:33", "end": "00:10:37", "text": "think there were a lot of people betting"}, {"start": "00:10:35", "end": "00:10:40", "text": "on the fact that they couldn't ever sell"}, {"start": "00:10:37", "end": "00:10:42", "text": "and the markets would react negatively"}, {"start": "00:10:40", "end": "00:10:45", "text": "and they were in a death spiral and they"}, {"start": "00:10:42", "end": "00:10:47", "text": "kind of proved that they can and the"}, {"start": "00:10:45", "end": "00:10:48", "text": "Bitcoin market didn't really care,"}, {"start": "00:10:47", "end": "00:10:51", "text": "right? We still held and we still"}, {"start": "00:10:48", "end": "00:10:55", "text": "gained. So, that is good. So, I get why"}, {"start": "00:10:51", "end": "00:10:58", "text": "they did it, but still face value does"}, {"start": "00:10:55", "end": "00:11:00", "text": "not look good. Ultimately, they still"}, {"start": "00:10:58", "end": "00:11:05", "text": "sold Bitcoin. their average price was"}, {"start": "00:11:00", "end": "00:11:07", "text": "76,000. They sold at 60,000 for a loss,"}, {"start": "00:11:05", "end": "00:11:08", "text": "right? Even though accounting maybe they"}, {"start": "00:11:07", "end": "00:11:10", "text": "they didn't take a loss, but they could"}, {"start": "00:11:08", "end": "00:11:12", "text": "say first in last out or something like"}, {"start": "00:11:10", "end": "00:11:14", "text": "that under accounting books, which means"}, {"start": "00:11:12", "end": "00:11:15", "text": "that they could say they they bought at"}, {"start": "00:11:14", "end": "00:11:18", "text": "10,000 or something. So, they're still"}, {"start": "00:11:15", "end": "00:11:20", "text": "in a game. Um,"}, {"start": "00:11:18", "end": "00:11:24", "text": "but still ultimately you're selling at"}, {"start": "00:11:20", "end": "00:11:26", "text": "60 and buying it back at 80. No need for"}, {"start": "00:11:24", "end": "00:11:29", "text": "that. No need for that. And they"}, {"start": "00:11:26", "end": "00:11:31", "text": "purchased this week, right? which is at"}, {"start": "00:11:29", "end": "00:11:34", "text": "a higher price. But let's see if they"}, {"start": "00:11:31", "end": "00:11:34", "text": "continue."}, {"start": "00:11:34", "end": "00:11:40", "text": "Uh Capital B continues to buy"}, {"start": "00:11:38", "end": "00:11:47", "text": "or they will buy and others are still"}, {"start": "00:11:40", "end": "00:11:47", "text": "buying as well. So that is good. Uh"}, {"start": "00:11:47", "end": "00:11:52", "text": "the Kimchi premium is back. It's not"}, {"start": "00:11:50", "end": "00:11:54", "text": "labeled Kimchi Premium, but that's what"}, {"start": "00:11:52", "end": "00:11:57", "text": "it used to be called and it's a little a"}, {"start": "00:11:54", "end": "00:11:58", "text": "little racist, but it's okay. Um, a lot"}, {"start": "00:11:57", "end": "00:12:00", "text": "of the Korean exchanges, they go crazy."}, {"start": "00:11:58", "end": "00:12:04", "text": "They have a very high volume. And"}, {"start": "00:12:00", "end": "00:12:07", "text": "whenever there's FOMO, you see"}, {"start": "00:12:04", "end": "00:12:09", "text": "this premium. Coinbase also has it. Like"}, {"start": "00:12:07", "end": "00:12:11", "text": "in the US, Coinbase premium is a real"}, {"start": "00:12:09", "end": "00:12:13", "text": "thing because most people go on Coinbase"}, {"start": "00:12:11", "end": "00:12:15", "text": "and sometimes the price is elevated. In"}, {"start": "00:12:13", "end": "00:12:17", "text": "Korea, it's kind of same thing. It's all"}, {"start": "00:12:15", "end": "00:12:20", "text": "the exchanges combined. The the the"}, {"start": "00:12:17", "end": "00:12:23", "text": "order book prices are higher than the"}, {"start": "00:12:20", "end": "00:12:25", "text": "world order book prices. So, you tend to"}, {"start": "00:12:23", "end": "00:12:28", "text": "see that happen when they FOMO. And it"}, {"start": "00:12:25", "end": "00:12:30", "text": "happened back in May when we hit 83,000"}, {"start": "00:12:28", "end": "00:12:33", "text": "and you can see that spike up now,"}, {"start": "00:12:30", "end": "00:12:37", "text": "right? So there are definitely investors"}, {"start": "00:12:33", "end": "00:12:40", "text": "coming back, not just institutional"}, {"start": "00:12:37", "end": "00:12:43", "text": "investors, there are definitely traders"}, {"start": "00:12:40", "end": "00:12:45", "text": "that are also getting involved. So that"}, {"start": "00:12:43", "end": "00:12:49", "text": "is good."}, {"start": "00:12:45", "end": "00:12:52", "text": "Uh here's a reversal sign Bitcoin cycle"}, {"start": "00:12:49", "end": "00:12:54", "text": "momentum and how we just flipped in the"}, {"start": "00:12:52", "end": "00:12:57", "text": "green even though it's hard to see which"}, {"start": "00:12:54", "end": "00:13:00", "text": "means we're coming out of crypto winter"}, {"start": "00:12:57", "end": "00:13:00", "text": "bottom."}, {"start": "00:13:01", "end": "00:13:06", "text": "All right, so that is good."}, {"start": "00:13:04", "end": "00:13:08", "text": "Here's one. And we already know this"}, {"start": "00:13:06", "end": "00:13:09", "text": "from a TA perspective. I've been showing"}, {"start": "00:13:08", "end": "00:13:12", "text": "you guys this. I mean, we've been going"}, {"start": "00:13:09", "end": "00:13:15", "text": "sideways, right? It's pretty obvious,"}, {"start": "00:13:12", "end": "00:13:19", "text": "pretty obvious that we're going sideways"}, {"start": "00:13:15", "end": "00:13:24", "text": "and what are some key levels,"}, {"start": "00:13:19", "end": "00:13:24", "text": "right? We have these breakout targets"}, {"start": "00:13:24", "end": "00:13:29", "text": "and"}, {"start": "00:13:26", "end": "00:13:32", "text": "we're just looking to break them at this"}, {"start": "00:13:29", "end": "00:13:35", "text": "point, right? Going sideways."}, {"start": "00:13:32", "end": "00:13:38", "text": "81 is our recent one, but 83 ultimately"}, {"start": "00:13:35", "end": "00:13:41", "text": "is the one in"}, {"start": "00:13:38", "end": "00:13:42", "text": "that we we made in uh in May. That is"}, {"start": "00:13:41", "end": "00:13:44", "text": "the one we want to break. And then"}, {"start": "00:13:42", "end": "00:13:46", "text": "that's when things get really crazy,"}, {"start": "00:13:44", "end": "00:13:48", "text": "right? So that's what it looks like. If"}, {"start": "00:13:46", "end": "00:13:50", "text": "you're looking at some of these"}, {"start": "00:13:48", "end": "00:13:52", "text": "indicators like Ballinger bands and"}, {"start": "00:13:50", "end": "00:13:56", "text": "stuff, we're still doing good. We're not"}, {"start": "00:13:52", "end": "00:13:59", "text": "overheated. Not anymore."}, {"start": "00:13:56", "end": "00:14:01", "text": "We have reset. We're going sideways."}, {"start": "00:13:59", "end": "00:14:04", "text": "Looks like we're getting ready for that"}, {"start": "00:14:01", "end": "00:14:08", "text": "next move,"}, {"start": "00:14:04", "end": "00:14:10", "text": "which is good. Which is good."}, {"start": "00:14:08", "end": "00:14:13", "text": "Uh"}, {"start": "00:14:10", "end": "00:14:16", "text": "outside of Bitcoin, Cardano"}, {"start": "00:14:13", "end": "00:14:18", "text": "avoids a governing crisis. Uh just on a"}, {"start": "00:14:16", "end": "00:14:20", "text": "side note, I saw some people that are"}, {"start": "00:14:18", "end": "00:14:22", "text": "Cardano fans saw what Tap Tools tried to"}, {"start": "00:14:20", "end": "00:14:25", "text": "do, at least what one person did, which"}, {"start": "00:14:22", "end": "00:14:28", "text": "was the most idiotic thing."}, {"start": "00:14:25", "end": "00:14:30", "text": "So Tap Tools put something out there. If"}, {"start": "00:14:28", "end": "00:14:33", "text": "you don't know what Tab Tools is, it was"}, {"start": "00:14:30", "end": "00:14:35", "text": "a site like a token screener site for"}, {"start": "00:14:33", "end": "00:14:38", "text": "all Cardano tools and they shut down"}, {"start": "00:14:35", "end": "00:14:39", "text": "earlier like this year because they said"}, {"start": "00:14:38", "end": "00:14:42", "text": "they ran out of funds. I talked to him"}, {"start": "00:14:39", "end": "00:14:43", "text": "too. They did not want to sell. They"}, {"start": "00:14:42", "end": "00:14:45", "text": "don't want to collaborate. Seemed like"}, {"start": "00:14:43", "end": "00:14:48", "text": "they had no plan at all. They just kind"}, {"start": "00:14:45", "end": "00:14:50", "text": "of complained that oh we don't know how"}, {"start": "00:14:48", "end": "00:14:52", "text": "to develop. We have no money even though"}, {"start": "00:14:50", "end": "00:14:54", "text": "they've been given a lot of money and in"}, {"start": "00:14:52", "end": "00:14:57", "text": "the age of AI you could figure it out."}, {"start": "00:14:54", "end": "00:15:02", "text": "But they they said they were back and it"}, {"start": "00:14:57", "end": "00:15:04", "text": "led to some some NFT raising kind of"}, {"start": "00:15:02", "end": "00:15:08", "text": "site. They were trying to fund raise and"}, {"start": "00:15:04", "end": "00:15:10", "text": "that horribly backtracked. I mean like"}, {"start": "00:15:08", "end": "00:15:13", "text": "people hated it so they had to take it"}, {"start": "00:15:10", "end": "00:15:15", "text": "out and then then they like put out"}, {"start": "00:15:13", "end": "00:15:18", "text": "posts and we're sorry we thought this"}, {"start": "00:15:15", "end": "00:15:20", "text": "was a way to get back and and it's like"}, {"start": "00:15:18", "end": "00:15:22", "text": "which is really bad. It's really really"}, {"start": "00:15:20", "end": "00:15:25", "text": "bad. I don't know what's going on with"}, {"start": "00:15:22", "end": "00:15:28", "text": "that one guy. He claims he's not a"}, {"start": "00:15:25", "end": "00:15:31", "text": "founder, that he took over yet. Most"}, {"start": "00:15:28", "end": "00:15:34", "text": "people say he did announce that he was a"}, {"start": "00:15:31", "end": "00:15:36", "text": "founder and everyone's left besides one"}, {"start": "00:15:34", "end": "00:15:38", "text": "guy"}, {"start": "00:15:36", "end": "00:15:41", "text": "and I talked to him before. I, you know,"}, {"start": "00:15:38", "end": "00:15:42", "text": "I I held a meeting with him. I'm like,"}, {"start": "00:15:41", "end": "00:15:45", "text": "\"Hey, I'll take over it. I'll keep the"}, {"start": "00:15:42", "end": "00:15:47", "text": "name, right? Let's let's build something"}, {"start": "00:15:45", "end": "00:15:49", "text": "together. I have the capabilities to to"}, {"start": "00:15:47", "end": "00:15:52", "text": "run it.\" But he had like no interest."}, {"start": "00:15:49", "end": "00:15:54", "text": "It's like I'm trying to sell."}, {"start": "00:15:52", "end": "00:15:56", "text": "Anyway, it's just a side story in case"}, {"start": "00:15:54", "end": "00:15:58", "text": "you guys are wondering about tap tools,"}, {"start": "00:15:56", "end": "00:16:01", "text": "but whatever they did was just horrible"}, {"start": "00:15:58", "end": "00:16:03", "text": "yesterday and now they removed it. Um,"}, {"start": "00:16:01", "end": "00:16:05", "text": "they just give it up or sell the"}, {"start": "00:16:03", "end": "00:16:07", "text": "community or give it to the IOHK"}, {"start": "00:16:05", "end": "00:16:10", "text": "Foundation to run or something. It's"}, {"start": "00:16:07", "end": "00:16:12", "text": "like it doesn't it's not that hard to"}, {"start": "00:16:10", "end": "00:16:15", "text": "run a token screener site. It it really"}, {"start": "00:16:12", "end": "00:16:17", "text": "isn't. I have it on Ask Clash. Doesn't"}, {"start": "00:16:15", "end": "00:16:19", "text": "cost that much. They just have no idea"}, {"start": "00:16:17", "end": "00:16:21", "text": "what they're doing. That guy has no idea"}, {"start": "00:16:19", "end": "00:16:24", "text": "what he's doing. Whoever the the the"}, {"start": "00:16:21", "end": "00:16:26", "text": "leftover founder is."}, {"start": "00:16:24", "end": "00:16:29", "text": "Um,"}, {"start": "00:16:26", "end": "00:16:29", "text": "anyways,"}, {"start": "00:16:29", "end": "00:16:34", "text": "that was a side story from this uh"}, {"start": "00:16:31", "end": "00:16:37", "text": "governing crisis,"}, {"start": "00:16:34", "end": "00:16:40", "text": "but I guess there are seats that people"}, {"start": "00:16:37", "end": "00:16:42", "text": "need to vote otherwise there's only"}, {"start": "00:16:40", "end": "00:16:44", "text": "going to be three members."}, {"start": "00:16:42", "end": "00:16:47", "text": "There's nothing wrong with three"}, {"start": "00:16:44", "end": "00:16:49", "text": "members, but it was always really for"}, {"start": "00:16:47", "end": "00:16:52", "text": "Cardano was always three. It was Cardano"}, {"start": "00:16:49", "end": "00:16:54", "text": "Foundation, IOHK, and Emergo, right? And"}, {"start": "00:16:52", "end": "00:16:56", "text": "then they wanted to be more"}, {"start": "00:16:54", "end": "00:16:59", "text": "decentralized, so then they opened up"}, {"start": "00:16:56", "end": "00:17:00", "text": "more seats, I guess. So, even if all the"}, {"start": "00:16:59", "end": "00:17:02", "text": "seats drop out, you still have those"}, {"start": "00:17:00", "end": "00:17:06", "text": "three. And there was some controversy"}, {"start": "00:17:02", "end": "00:17:09", "text": "about Cardano Foundation, too. Um,"}, {"start": "00:17:06", "end": "00:17:11", "text": "and it's weird that they're not like all"}, {"start": "00:17:09", "end": "00:17:13", "text": "they at least before they weren't led"}, {"start": "00:17:11", "end": "00:17:17", "text": "for it by like the same group. It was"}, {"start": "00:17:13", "end": "00:17:19", "text": "like really separate groups. Anyways,"}, {"start": "00:17:17", "end": "00:17:22", "text": "good luck to Cardano."}, {"start": "00:17:19", "end": "00:17:25", "text": "Ethereum whales return. A lot of big"}, {"start": "00:17:22", "end": "00:17:27", "text": "bets, right? Ethereum have been doing"}, {"start": "00:17:25", "end": "00:17:30", "text": "very well recently. So, no doubt about"}, {"start": "00:17:27", "end": "00:17:32", "text": "that."}, {"start": "00:17:30", "end": "00:17:34", "text": "Pi network, which you don't really hear"}, {"start": "00:17:32", "end": "00:17:36", "text": "a lot about, but Pi is weird. Sometimes"}, {"start": "00:17:34", "end": "00:17:37", "text": "I go to restaurants, I do see it, but I"}, {"start": "00:17:36", "end": "00:17:39", "text": "don't I don't really hear anyone talk"}, {"start": "00:17:37", "end": "00:17:41", "text": "about it or you spend it, but and then"}, {"start": "00:17:39", "end": "00:17:43", "text": "Pi obviously has their like homemade"}, {"start": "00:17:41", "end": "00:17:46", "text": "devices. There's a lot of stuff. Pi is"}, {"start": "00:17:43", "end": "00:17:48", "text": "into AI, too. They have their own"}, {"start": "00:17:46", "end": "00:17:51", "text": "harness and stuff. Uh, you know, they're"}, {"start": "00:17:48", "end": "00:17:53", "text": "actually into a lot of things. They're"}, {"start": "00:17:51", "end": "00:17:56", "text": "into a lot of things. I know one person"}, {"start": "00:17:53", "end": "00:17:59", "text": "that I know that I've talked to in AI"}, {"start": "00:17:56", "end": "00:18:01", "text": "world, he loves using the Pi harness. I"}, {"start": "00:17:59", "end": "00:18:03", "text": "tried them. It's just not really for me."}, {"start": "00:18:01", "end": "00:18:06", "text": "But still, they're they're in a lot of"}, {"start": "00:18:03", "end": "00:18:08", "text": "things. Their their token price was very"}, {"start": "00:18:06", "end": "00:18:10", "text": "very very volatile before back in the"}, {"start": "00:18:08", "end": "00:18:12", "text": "day. It would just skyrocket and come"}, {"start": "00:18:10", "end": "00:18:14", "text": "down. It would get dumped all the time."}, {"start": "00:18:12", "end": "00:18:16", "text": "Uh I don't know if that I have not been"}, {"start": "00:18:14", "end": "00:18:19", "text": "paying attention to it recently. I don't"}, {"start": "00:18:16", "end": "00:18:21", "text": "know if that has solved."}, {"start": "00:18:19", "end": "00:18:25", "text": "But"}, {"start": "00:18:21", "end": "00:18:28", "text": "pi, yeah, pi's all over the place."}, {"start": "00:18:25", "end": "00:18:30", "text": "Uh Sam Alman of Open AI. last few things"}, {"start": "00:18:28", "end": "00:18:33", "text": "not really crypto but a lot of you guys"}, {"start": "00:18:30", "end": "00:18:36", "text": "are into AI but uh he was saying you"}, {"start": "00:18:33", "end": "00:18:39", "text": "know their next model Astra which is I"}, {"start": "00:18:36", "end": "00:18:43", "text": "don't know if it's 5.7 or six"}, {"start": "00:18:39", "end": "00:18:46", "text": "it's basically so smart and so dangerous"}, {"start": "00:18:43", "end": "00:18:48", "text": "they purposely stopped training it"}, {"start": "00:18:46", "end": "00:18:51", "text": "didn't release it yet even though rumors"}, {"start": "00:18:48", "end": "00:18:53", "text": "are it's going to come out any time it"}, {"start": "00:18:51", "end": "00:18:54", "text": "could come out as soon as tomorrow the"}, {"start": "00:18:53", "end": "00:18:58", "text": "rumors are it's going to come out on"}, {"start": "00:18:54", "end": "00:19:01", "text": "Thursday um but it's been so smart that"}, {"start": "00:18:58", "end": "00:19:04", "text": "they have to increase all their safety"}, {"start": "00:19:01", "end": "00:19:06", "text": "priorities because it knows how to hack"}, {"start": "00:19:04", "end": "00:19:09", "text": "out of its own servers and hack into"}, {"start": "00:19:06", "end": "00:19:11", "text": "other systems and it's just kind of"}, {"start": "00:19:09", "end": "00:19:13", "text": "crazy and no one really pays attention"}, {"start": "00:19:11", "end": "00:19:16", "text": "to how smart these models are and what"}, {"start": "00:19:13", "end": "00:19:18", "text": "they're capable of. So he's just"}, {"start": "00:19:16", "end": "00:19:22", "text": "releasing a post saying their priority"}, {"start": "00:19:18", "end": "00:19:24", "text": "is safety and we do need more of that."}, {"start": "00:19:22", "end": "00:19:26", "text": "We don't really need a Skynet situation."}, {"start": "00:19:24", "end": "00:19:28", "text": "Even though I think everyone in AI"}, {"start": "00:19:26", "end": "00:19:30", "text": "agrees we're going to get there because"}, {"start": "00:19:28", "end": "00:19:32", "text": "no one is really stopping. Everyone"}, {"start": "00:19:30", "end": "00:19:34", "text": "wants to be first and we're just pushing"}, {"start": "00:19:32", "end": "00:19:36", "text": "models to be smarter and smarter and"}, {"start": "00:19:34", "end": "00:19:38", "text": "smarter. But there should be a general"}, {"start": "00:19:36", "end": "00:19:41", "text": "consensus worldwide and with the"}, {"start": "00:19:38", "end": "00:19:43", "text": "companies themselves to make sure safety"}, {"start": "00:19:41", "end": "00:19:46", "text": "is the first priority, right? We already"}, {"start": "00:19:43", "end": "00:19:50", "text": "have a lot of movies that warn us what"}, {"start": "00:19:46", "end": "00:19:53", "text": "could happen. And we're really building,"}, {"start": "00:19:50", "end": "00:19:57", "text": "we're going down this route of creating"}, {"start": "00:19:53", "end": "00:20:01", "text": "a a sentient AI that can possibly just"}, {"start": "00:19:57", "end": "00:20:02", "text": "take over the world. Um,"}, {"start": "00:20:01", "end": "00:20:05", "text": "so yeah, just got to be careful."}, {"start": "00:20:02", "end": "00:20:08", "text": "Speaking of AI models, Fable 5.1 came"}, {"start": "00:20:05", "end": "00:20:10", "text": "out yesterday. I made a tweet about it."}, {"start": "00:20:08", "end": "00:20:14", "text": "I've been using it since yesterday. very"}, {"start": "00:20:10", "end": "00:20:16", "text": "expensive, but man is it good. The last"}, {"start": "00:20:14", "end": "00:20:19", "text": "Fable came out was like six months ago"}, {"start": "00:20:16", "end": "00:20:23", "text": "and people's been trying to catch up."}, {"start": "00:20:19", "end": "00:20:26", "text": "Fable 5.1 is at a crazy level. Crazy"}, {"start": "00:20:23", "end": "00:20:28", "text": "level. We have a benchmark on Ask Clash."}, {"start": "00:20:26", "end": "00:20:30", "text": "It's number one. If you're looking at"}, {"start": "00:20:28", "end": "00:20:32", "text": "this, our own benchmark. I mean, it's"}, {"start": "00:20:30", "end": "00:20:34", "text": "not even not even close. It's number"}, {"start": "00:20:32", "end": "00:20:37", "text": "one. I don't know why that just Yeah,"}, {"start": "00:20:34", "end": "00:20:39", "text": "there we go. It's like leaps and bounds"}, {"start": "00:20:37", "end": "00:20:42", "text": "above everyone else. And when Astra"}, {"start": "00:20:39", "end": "00:20:46", "text": "comes out, it may be as good or even"}, {"start": "00:20:42", "end": "00:20:49", "text": "better. So, it's insane."}, {"start": "00:20:46", "end": "00:20:50", "text": "Insane how good these models are"}, {"start": "00:20:49", "end": "00:20:54", "text": "getting. And even the ones that are"}, {"start": "00:20:50", "end": "00:20:57", "text": "considered light or flash, they're"}, {"start": "00:20:54", "end": "00:20:59", "text": "insane, too. Quinn is a Alibaba one."}, {"start": "00:20:57", "end": "00:21:02", "text": "Their flash model is sitting at number"}, {"start": "00:20:59", "end": "00:21:05", "text": "three on here. It's It's insane how fast"}, {"start": "00:21:02", "end": "00:21:08", "text": "and how good these AR models are."}, {"start": "00:21:05", "end": "00:21:10", "text": "So, just to throw it out there and just"}, {"start": "00:21:08", "end": "00:21:13", "text": "throw out something else. We're having"}, {"start": "00:21:10", "end": "00:21:16", "text": "our very first Frontline tournament this"}, {"start": "00:21:13", "end": "00:21:18", "text": "Friday. We posted it up. You can win"}, {"start": "00:21:16", "end": "00:21:20", "text": "points. In the future, we'll probably"}, {"start": "00:21:18", "end": "00:21:24", "text": "actually give out real prizes, but for"}, {"start": "00:21:20", "end": "00:21:26", "text": "now, you can play and earn Clash points"}, {"start": "00:21:24", "end": "00:21:29", "text": "and first, second, third gets even more."}, {"start": "00:21:26", "end": "00:21:31", "text": "It's going to be this Friday, 8:00 PM."}, {"start": "00:21:29", "end": "00:21:32", "text": "You can sign up right on the site. It's"}, {"start": "00:21:31", "end": "00:21:36", "text": "in the description of this video as"}, {"start": "00:21:32", "end": "00:21:39", "text": "well. So, I hope all of you guys show"}, {"start": "00:21:36", "end": "00:21:41", "text": "up. It's going to be fun. And you can"}, {"start": "00:21:39", "end": "00:21:43", "text": "practice right now. The game is live and"}, {"start": "00:21:41", "end": "00:21:45", "text": "it's really awesome."}, {"start": "00:21:43", "end": "00:21:49", "text": "All right,"}, {"start": "00:21:45", "end": "00:21:49", "text": "that's pretty much it."}, {"start": "00:21:50", "end": "00:21:57", "text": "Uh, kind of flat today, at least for"}, {"start": "00:21:52", "end": "00:21:57", "text": "NASDAQ. Yesterday was a horrible day"}, {"start": "00:21:59", "end": "00:22:05", "text": "and at least we're back above 77."}, {"start": "00:22:02", "end": "00:22:07", "text": "So that's good."}, {"start": "00:22:05", "end": "00:22:09", "text": "We're not really far off from 78 level,"}, {"start": "00:22:07", "end": "00:22:12", "text": "right? So Bitcoin actually has held very"}, {"start": "00:22:09", "end": "00:22:16", "text": "well despite"}, {"start": "00:22:12", "end": "00:22:16", "text": "the macro conditions worsening."}, {"start": "00:22:17", "end": "00:22:22", "text": "So"}, {"start": "00:22:19", "end": "00:22:25", "text": "let's do it."}, {"start": "00:22:22", "end": "00:22:25", "text": "Let's do Q&A."}, {"start": "00:22:40", "end": "00:22:49", "text": "Charles, which which coins are you"}, {"start": "00:22:43", "end": "00:22:49", "text": "talking about? My own or all coins?"}, {"start": "00:22:54", "end": "00:22:58", "text": "Uh, bust the thong. When do you think"}, {"start": "00:22:57", "end": "00:23:00", "text": "stocks will be fully tokenized and"}, {"start": "00:22:58", "end": "00:23:04", "text": "traded for 247? A lot of them are"}, {"start": "00:23:00", "end": "00:23:07", "text": "already. A lot of them are. Robin Hood"}, {"start": "00:23:04", "end": "00:23:11", "text": "and I noticed like a lot of Mexi"}, {"start": "00:23:07", "end": "00:23:13", "text": "uh a lot of exchanges already offer"}, {"start": "00:23:11", "end": "00:23:15", "text": "stocks. I mean actually they just offer"}, {"start": "00:23:13", "end": "00:23:18", "text": "stocks and then now a lot of them offer"}, {"start": "00:23:15", "end": "00:23:21", "text": "tokenized stocks. So, and I think"}, {"start": "00:23:18", "end": "00:23:21", "text": "NASDAQ,"}, {"start": "00:23:21", "end": "00:23:24", "text": "I don't know if it happened already, but"}, {"start": "00:23:22", "end": "00:23:27", "text": "I thought NASDAQ said that they were"}, {"start": "00:23:24", "end": "00:23:29", "text": "going to open up 24hour trading, too, at"}, {"start": "00:23:27", "end": "00:23:32", "text": "least Monday through Friday. That was"}, {"start": "00:23:29", "end": "00:23:36", "text": "the plan. And I don't know if that"}, {"start": "00:23:32", "end": "00:23:36", "text": "actually went through"}, {"start": "00:23:51", "end": "00:23:55", "text": "Kraken has stocks. Yeah, I mean I I"}, {"start": "00:23:53", "end": "00:23:58", "text": "think everyone has stocks now. I mean"}, {"start": "00:23:55", "end": "00:24:01", "text": "it's it's smart for these guys to make"}, {"start": "00:23:58", "end": "00:24:05", "text": "more fees on stock trading, but we also"}, {"start": "00:24:01", "end": "00:24:06", "text": "have a lot of tokenized stocks. Um Ando"}, {"start": "00:24:05", "end": "00:24:09", "text": "certainly has it, but I think a lot of"}, {"start": "00:24:06", "end": "00:24:10", "text": "the exchanges naturally has it so you"}, {"start": "00:24:09", "end": "00:24:15", "text": "don't even notice it. It's just in the"}, {"start": "00:24:10", "end": "00:24:15", "text": "crypto section, but yeah."}, {"start": "00:24:17", "end": "00:24:23", "text": "ready for NBA season predictions? No,"}, {"start": "00:24:20", "end": "00:24:25", "text": "but we will have a lot we will have a"}, {"start": "00:24:23", "end": "00:24:27", "text": "lot of new events on Clash Picks, I'll"}, {"start": "00:24:25", "end": "00:24:30", "text": "tell you that. And we're probably going"}, {"start": "00:24:27", "end": "00:24:32", "text": "to have one. We're going to create a"}, {"start": "00:24:30", "end": "00:24:34", "text": "couple prediction events for this"}, {"start": "00:24:32", "end": "00:24:37", "text": "tournament that we're having."}, {"start": "00:24:34", "end": "00:24:39", "text": "Um, I just have to figure out which"}, {"start": "00:24:37", "end": "00:24:41", "text": "ones. So,"}, {"start": "00:24:39", "end": "00:24:44", "text": "so that's going to make it more fun when"}, {"start": "00:24:41", "end": "00:24:46", "text": "you can predict on things. either using"}, {"start": "00:24:44", "end": "00:24:49", "text": "P Clash, which we're giving out already"}, {"start": "00:24:46", "end": "00:24:52", "text": "for free, or using Clash or Soul. And"}, {"start": "00:24:49", "end": "00:24:56", "text": "pretty soon, USDC"}, {"start": "00:24:52", "end": "00:24:58", "text": "on Clash Pix um is going to be great."}, {"start": "00:24:56", "end": "00:25:00", "text": "And then of course the sports are"}, {"start": "00:24:58", "end": "00:25:03", "text": "already on there, like baseball's"}, {"start": "00:25:00", "end": "00:25:06", "text": "already on there and NBA and everything"}, {"start": "00:25:03", "end": "00:25:06", "text": "else."}, {"start": "00:25:29", "end": "00:25:35", "text": "I feel like of course is going to do"}, {"start": "00:25:30", "end": "00:25:37", "text": "well unless Jaylen Brown just ruins it."}, {"start": "00:25:35", "end": "00:25:42", "text": "I don't know. It's kind of funny that"}, {"start": "00:25:37", "end": "00:25:46", "text": "LeBron in his like 24th year, he's still"}, {"start": "00:25:42", "end": "00:25:49", "text": "considered like a top"}, {"start": "00:25:46", "end": "00:25:52", "text": "maybe top 15 player. Some would say"}, {"start": "00:25:49", "end": "00:25:55", "text": "still top 10 player. NBA 2K still rates"}, {"start": "00:25:52", "end": "00:25:57", "text": "him at like 92, which is basically"}, {"start": "00:25:55", "end": "00:26:01", "text": "better than most."}, {"start": "00:25:57", "end": "00:26:02", "text": "So, it's funny that in year 24, he's"}, {"start": "00:26:01", "end": "00:26:06", "text": "still considered one of the best players"}, {"start": "00:26:02", "end": "00:26:09", "text": "in the league. But him and Brown should"}, {"start": "00:26:06", "end": "00:26:12", "text": "be pretty good. And then Maxi is good."}, {"start": "00:26:09", "end": "00:26:15", "text": "Um, if Embiid can stay healthy, that"}, {"start": "00:26:12", "end": "00:26:17", "text": "would be good. But Embiid hasn't been"}, {"start": "00:26:15", "end": "00:26:20", "text": "healthy for a while."}, {"start": "00:26:17", "end": "00:26:22", "text": "And they got Taco Fall yesterday. I"}, {"start": "00:26:20", "end": "00:26:25", "text": "think I saw he's not really going to"}, {"start": "00:26:22", "end": "00:26:28", "text": "help, but still."}, {"start": "00:26:25", "end": "00:26:30", "text": "But uh"}, {"start": "00:26:28", "end": "00:26:33", "text": "I think San Antonio"}, {"start": "00:26:30", "end": "00:26:36", "text": "San Antonio is gonna be a powerhouse"}, {"start": "00:26:33", "end": "00:26:41", "text": "this year. Webby grew like two more"}, {"start": "00:26:36", "end": "00:26:43", "text": "inches. WBY is like 77 now. And uh Dylan"}, {"start": "00:26:41", "end": "00:26:46", "text": "Harper grew a couple inches. He's like"}, {"start": "00:26:43", "end": "00:26:48", "text": "68. So"}, {"start": "00:26:46", "end": "00:26:52", "text": "that's going to be tough."}, {"start": "00:26:48", "end": "00:26:52", "text": "That's going to be real tough."}, {"start": "00:26:53", "end": "00:26:57", "text": "I don't know how these guys continue to"}, {"start": "00:26:55", "end": "00:27:00", "text": "grow even though they're like adults"}, {"start": "00:26:57", "end": "00:27:00", "text": "already."}, {"start": "00:27:06", "end": "00:27:13", "text": "Jo Stringer says over 1 billion and"}, {"start": "00:27:10", "end": "00:27:14", "text": "short liquidity to 81k."}, {"start": "00:27:13", "end": "00:27:17", "text": "Yeah, I show it all the time."}, {"start": "00:27:14", "end": "00:27:21", "text": "Unfortunately, it goes both ways, right?"}, {"start": "00:27:17", "end": "00:27:24", "text": "So, if you look last 24 hours, about 360"}, {"start": "00:27:21", "end": "00:27:27", "text": "million, most of it on the long side,"}, {"start": "00:27:24", "end": "00:27:27", "text": "which sucks."}, {"start": "00:27:28", "end": "00:27:31", "text": "Um,"}, {"start": "00:27:32", "end": "00:27:38", "text": "but we had a whole bunch of shorts get"}, {"start": "00:27:34", "end": "00:27:43", "text": "liquidated last few weeks."}, {"start": "00:27:38", "end": "00:27:43", "text": "Oh, my pressure map is not working."}, {"start": "00:27:43", "end": "00:27:49", "text": "I don't know why."}, {"start": "00:27:46", "end": "00:27:51", "text": "I have to fix that. But"}, {"start": "00:27:49", "end": "00:27:54", "text": "something's going on depression map. Oh,"}, {"start": "00:27:51", "end": "00:27:56", "text": "there we go."}, {"start": "00:27:54", "end": "00:27:59", "text": "So, yeah, you could see, you know, we"}, {"start": "00:27:56", "end": "00:28:03", "text": "cleared out some longs right here, right"}, {"start": "00:27:59", "end": "00:28:07", "text": "where we landed around 76 something."}, {"start": "00:28:03", "end": "00:28:10", "text": "But all this going up, we got a whole"}, {"start": "00:28:07", "end": "00:28:11", "text": "cluster. Okay, a big one around 783"}, {"start": "00:28:10", "end": "00:28:14", "text": "which we can go back to. But we got a"}, {"start": "00:28:11", "end": "00:28:17", "text": "whole big cluster right here"}, {"start": "00:28:14", "end": "00:28:21", "text": "to shatter. And then we go out. You can"}, {"start": "00:28:17", "end": "00:28:25", "text": "see right here a lot a lot right before"}, {"start": "00:28:21", "end": "00:28:29", "text": "80. Okay. So I can certainly see us go"}, {"start": "00:28:25", "end": "00:28:34", "text": "back to 80"}, {"start": "00:28:29", "end": "00:28:36", "text": "in I don't know maybe in a week or two."}, {"start": "00:28:34", "end": "00:28:38", "text": "All this"}, {"start": "00:28:36", "end": "00:28:42", "text": "needs to be liquidated and there are a"}, {"start": "00:28:38", "end": "00:28:42", "text": "lot there."}, {"start": "00:28:57", "end": "00:29:01", "text": "You don't want to be tall in emergency."}, {"start": "00:28:59", "end": "00:29:03", "text": "You're slow, clunky, easy to target."}, {"start": "00:29:01", "end": "00:29:06", "text": "Like what kind of emergency you talking"}, {"start": "00:29:03", "end": "00:29:09", "text": "about? like getting off a ship or a"}, {"start": "00:29:06", "end": "00:29:11", "text": "plane or in general I mean in general"}, {"start": "00:29:09", "end": "00:29:13", "text": "tall people just have such a huge"}, {"start": "00:29:11", "end": "00:29:16", "text": "advantage"}, {"start": "00:29:13", "end": "00:29:18", "text": "right if you're like six anywhere from"}, {"start": "00:29:16", "end": "00:29:21", "text": "62"}, {"start": "00:29:18", "end": "00:29:23", "text": "to like 66 which I think is a good"}, {"start": "00:29:21", "end": "00:29:26", "text": "height"}, {"start": "00:29:23", "end": "00:29:29", "text": "you have such an advantage being a guy"}, {"start": "00:29:26", "end": "00:29:33", "text": "like such an advantage"}, {"start": "00:29:29", "end": "00:29:35", "text": "um but if you're like 67 and bus then it"}, {"start": "00:29:33", "end": "00:29:39", "text": "really I think it's it just hurts your"}, {"start": "00:29:35", "end": "00:29:41", "text": "life. It's it's too hard. Uh getting"}, {"start": "00:29:39", "end": "00:29:45", "text": "close is difficult."}, {"start": "00:29:41", "end": "00:29:50", "text": "Getting into like planes or cars, small"}, {"start": "00:29:45", "end": "00:29:52", "text": "areas, you know, becomes too difficult."}, {"start": "00:29:50", "end": "00:29:55", "text": "But"}, {"start": "00:29:52", "end": "00:29:58", "text": "yeah, if you're like six, like a 6'3"}, {"start": "00:29:55", "end": "00:30:00", "text": "dude or 6'4 dude, you have such"}, {"start": "00:29:58", "end": "00:30:03", "text": "advantage when you walk into a room,"}, {"start": "00:30:00", "end": "00:30:05", "text": "walk anywhere, you have this presence, a"}, {"start": "00:30:03", "end": "00:30:07", "text": "towering presence because you're you're"}, {"start": "00:30:05", "end": "00:30:09", "text": "taller than everyone. That gives you a"}, {"start": "00:30:07", "end": "00:30:11", "text": "big start already, especially if you're"}, {"start": "00:30:09", "end": "00:30:16", "text": "like a leader. That's why if you notice"}, {"start": "00:30:11", "end": "00:30:18", "text": "a lot of companies their CEOs or like"}, {"start": "00:30:16", "end": "00:30:20", "text": "politicians"}, {"start": "00:30:18", "end": "00:30:26", "text": "are quite tall because they already have"}, {"start": "00:30:20", "end": "00:30:26", "text": "that presence and it gives them an edge."}, {"start": "00:30:27", "end": "00:30:32", "text": "So just to throw that out there"}, {"start": "00:30:32", "end": "00:30:36", "text": "something you can't control unless"}, {"start": "00:30:34", "end": "00:30:41", "text": "you're like taking growth hormones as"}, {"start": "00:30:36", "end": "00:30:41", "text": "you're going through puberty."}, {"start": "00:30:47", "end": "00:30:52", "text": "See all you guys at 6'2, 63,"}, {"start": "00:30:50", "end": "00:30:54", "text": "your son at 6'4. I think my sons will"}, {"start": "00:30:52", "end": "00:30:56", "text": "grow. I I have two sons. I think they're"}, {"start": "00:30:54", "end": "00:30:59", "text": "projected, one is projected to grow to"}, {"start": "00:30:56", "end": "00:31:02", "text": "6'5. Another one about 61. They're"}, {"start": "00:30:59", "end": "00:31:03", "text": "they're both taller than me. I'm 5'10 or"}, {"start": "00:31:02", "end": "00:31:06", "text": "they're going to be taller. They're"}, {"start": "00:31:03", "end": "00:31:08", "text": "right around like my height now."}, {"start": "00:31:06", "end": "00:31:12", "text": "I think it's just such a big advantage"}, {"start": "00:31:08", "end": "00:31:12", "text": "for tall people."}, {"start": "00:31:14", "end": "00:31:18", "text": "Even Trump, I don't think people realize"}, {"start": "00:31:16", "end": "00:31:21", "text": "that Trump is like 6'3. Like when he"}, {"start": "00:31:18", "end": "00:31:25", "text": "meets a lot of leaders, they're they're"}, {"start": "00:31:21", "end": "00:31:25", "text": "quite short compared to him."}, {"start": "00:31:50", "end": "00:31:55", "text": "Johnson compensated for lack of hype by"}, {"start": "00:31:52", "end": "00:31:57", "text": "wearing cool leather jackets. You know,"}, {"start": "00:31:55", "end": "00:31:59", "text": "that's probably true. You know, it's"}, {"start": "00:31:57", "end": "00:32:01", "text": "something to talk about,"}, {"start": "00:31:59", "end": "00:32:03", "text": "right? Like everyone keeps asking him"}, {"start": "00:32:01", "end": "00:32:06", "text": "about his jackets and his wardrobe and"}, {"start": "00:32:03", "end": "00:32:07", "text": "he pretends like I don't have time, you"}, {"start": "00:32:06", "end": "00:32:10", "text": "know, that's why I buy the same things."}, {"start": "00:32:07", "end": "00:32:11", "text": "No, it's planned. It's definitely"}, {"start": "00:32:10", "end": "00:32:15", "text": "planned. It's hard to have a whole"}, {"start": "00:32:11", "end": "00:32:17", "text": "wardrobe nothing but black and and"}, {"start": "00:32:15", "end": "00:32:22", "text": "leather jackets"}, {"start": "00:32:17", "end": "00:32:24", "text": "and even like black jeans and stuff. So"}, {"start": "00:32:22", "end": "00:32:26", "text": "that's his identity. Kind of like Steve"}, {"start": "00:32:24", "end": "00:32:28", "text": "Jobs back in the day with his black"}, {"start": "00:32:26", "end": "00:32:30", "text": "turtleneck."}, {"start": "00:32:28", "end": "00:32:33", "text": "It's part of their identity."}, {"start": "00:32:30", "end": "00:32:36", "text": "I mean, not everyone, not every CEO, not"}, {"start": "00:32:33", "end": "00:32:39", "text": "every leader is tall, but a lot of them"}, {"start": "00:32:36", "end": "00:32:42", "text": "are. You can't help your height. There's"}, {"start": "00:32:39", "end": "00:32:45", "text": "nothing you could do about that."}, {"start": "00:32:42", "end": "00:32:49", "text": "And he has done a great job with Nvidia"}, {"start": "00:32:45", "end": "00:32:49", "text": "for sure."}, {"start": "00:33:11", "end": "00:33:15", "text": "You know, even exotic cars, someone"}, {"start": "00:33:13", "end": "00:33:17", "text": "says, \"Good luck getting that Lambo.\""}, {"start": "00:33:15", "end": "00:33:19", "text": "The newer exotic cars, I would say,"}, {"start": "00:33:17", "end": "00:33:22", "text": "actually, they're they're quite roomy"}, {"start": "00:33:19", "end": "00:33:24", "text": "and quite spacious. They designed them"}, {"start": "00:33:22", "end": "00:33:27", "text": "so that you can you can get in even"}, {"start": "00:33:24", "end": "00:33:29", "text": "though you're like 67, 68. I think if"}, {"start": "00:33:27", "end": "00:33:31", "text": "you're beyond that, you can't really you"}, {"start": "00:33:29", "end": "00:33:35", "text": "can move the seats all the way back. I"}, {"start": "00:33:31", "end": "00:33:37", "text": "never understood that though. you know,"}, {"start": "00:33:35", "end": "00:33:39", "text": "like a lot of cars, they'll compensate"}, {"start": "00:33:37", "end": "00:33:42", "text": "for height by allowing to move the seat"}, {"start": "00:33:39", "end": "00:33:44", "text": "back, but"}, {"start": "00:33:42", "end": "00:33:46", "text": "like if you're like a foot away further"}, {"start": "00:33:44", "end": "00:33:49", "text": "than everyone else,"}, {"start": "00:33:46", "end": "00:33:52", "text": "um it's hard for you to see over the"}, {"start": "00:33:49", "end": "00:33:55", "text": "dash, right? Because you're so far out,"}, {"start": "00:33:52", "end": "00:33:57", "text": "the depth perception has to be"}, {"start": "00:33:55", "end": "00:33:58", "text": "different. But I guess you got used to"}, {"start": "00:33:57", "end": "00:34:00", "text": "it because you've been tall your most of"}, {"start": "00:33:58", "end": "00:34:03", "text": "your life and you're driving most of"}, {"start": "00:34:00", "end": "00:34:06", "text": "your life, then you get used to it. But"}, {"start": "00:34:03", "end": "00:34:08", "text": "but imagine if you had to drive a if you"}, {"start": "00:34:06", "end": "00:34:10", "text": "had to sit like"}, {"start": "00:34:08", "end": "00:34:13", "text": "6 in to 12 in back further than where"}, {"start": "00:34:10", "end": "00:34:15", "text": "you are right now. How more how much"}, {"start": "00:34:13", "end": "00:34:21", "text": "more difficult it would be to just see"}, {"start": "00:34:15", "end": "00:34:23", "text": "even over your the hood of your car. Um,"}, {"start": "00:34:21", "end": "00:34:26", "text": "it's just"}, {"start": "00:34:23", "end": "00:34:29", "text": "just a general observation like Shaq has"}, {"start": "00:34:26", "end": "00:34:31", "text": "to sit like 2 feet behind where everyone"}, {"start": "00:34:29", "end": "00:34:34", "text": "else sits when he get gets in a All"}, {"start": "00:34:31", "end": "00:34:34", "text": "right."}, {"start": "00:35:00", "end": "00:35:07", "text": "Casper, much of the site is free."}, {"start": "00:35:05", "end": "00:35:09", "text": "Almost everything on the site is free"}, {"start": "00:35:07", "end": "00:35:10", "text": "with limitations."}, {"start": "00:35:09", "end": "00:35:13", "text": "Okay. But if you're talking about"}, {"start": "00:35:10", "end": "00:35:14", "text": "portfolio, it does give you a sample,"}, {"start": "00:35:13", "end": "00:35:16", "text": "right? But if you want to set up your"}, {"start": "00:35:14", "end": "00:35:19", "text": "portfolio,"}, {"start": "00:35:16", "end": "00:35:22", "text": "then of course that's a feature. But if"}, {"start": "00:35:19", "end": "00:35:24", "text": "you want to just see like regular stuff,"}, {"start": "00:35:22", "end": "00:35:26", "text": "I mean there's things in here already"}, {"start": "00:35:24", "end": "00:35:28", "text": "that is programmed that's open for"}, {"start": "00:35:26", "end": "00:35:34", "text": "everyone,"}, {"start": "00:35:28", "end": "00:35:36", "text": "right? So most of the site is free."}, {"start": "00:35:34", "end": "00:35:38", "text": "Just go use it. And this is all if"}, {"start": "00:35:36", "end": "00:35:41", "text": "you're a Clash fan, just know that this"}, {"start": "00:35:38", "end": "00:35:43", "text": "is going to help towards Clash. the"}, {"start": "00:35:41", "end": "00:35:46", "text": "revenue collected will either go to"}, {"start": "00:35:43", "end": "00:35:49", "text": "buying back Clash for the treasury or to"}, {"start": "00:35:46", "end": "00:35:51", "text": "improve and grow the infrastructure or"}, {"start": "00:35:49", "end": "00:35:55", "text": "marketing when the timing is right. So,"}, {"start": "00:35:51", "end": "00:35:57", "text": "it's all about helping Clash regardless."}, {"start": "00:35:55", "end": "00:36:01", "text": "So, just know that. But most things on"}, {"start": "00:35:57", "end": "00:36:04", "text": "here is is free with with, you know,"}, {"start": "00:36:01", "end": "00:36:05", "text": "generous usage. But some of the things I"}, {"start": "00:36:04", "end": "00:36:07", "text": "have to put into subscription plans,"}, {"start": "00:36:05", "end": "00:36:10", "text": "otherwise there's no point of having"}, {"start": "00:36:07", "end": "00:36:10", "text": "them."}, {"start": "00:36:22", "end": "00:36:27", "text": "pro aletes are super human in general."}, {"start": "00:36:25", "end": "00:36:30", "text": "Yeah, the human body is just, you know,"}, {"start": "00:36:27", "end": "00:36:33", "text": "it's amazing thing and some are gifted"}, {"start": "00:36:30", "end": "00:36:36", "text": "obviously, but for most of these"}, {"start": "00:36:33", "end": "00:36:39", "text": "athletes, it's just through repetition."}, {"start": "00:36:36", "end": "00:36:42", "text": "It's just through training"}, {"start": "00:36:39", "end": "00:36:44", "text": "day in day out for a long period of time"}, {"start": "00:36:42", "end": "00:36:47", "text": "and then you naturally become a super"}, {"start": "00:36:44", "end": "00:36:50", "text": "athlete basically. Now among super"}, {"start": "00:36:47", "end": "00:36:53", "text": "athletes obviously there are levels but"}, {"start": "00:36:50", "end": "00:36:55", "text": "again it's just through"}, {"start": "00:36:53", "end": "00:36:58", "text": "repetition of doing something over and"}, {"start": "00:36:55", "end": "00:37:03", "text": "over and over and over and over again"}, {"start": "00:36:58", "end": "00:37:03", "text": "until you're that good."}, {"start": "00:37:23", "end": "00:37:29", "text": "would you approve a portfolio with 100%"}, {"start": "00:37:25", "end": "00:37:31", "text": "clash? Um, realist realistically, no."}, {"start": "00:37:29", "end": "00:37:35", "text": "No, because you should have some"}, {"start": "00:37:31", "end": "00:37:37", "text": "Bitcoin. But I I I do think having a lot"}, {"start": "00:37:35", "end": "00:37:41", "text": "of clash is beneficial. Obviously, I'm"}, {"start": "00:37:37", "end": "00:37:41", "text": "biased with that opinion, but"}, {"start": "00:37:42", "end": "00:37:46", "text": "but there are a lot of things a lot of"}, {"start": "00:37:44", "end": "00:37:49", "text": "things brewing. Things are coming"}, {"start": "00:37:46", "end": "00:37:51", "text": "together. People just don't pay enough"}, {"start": "00:37:49", "end": "00:37:53", "text": "attention when it's a crypto winter"}, {"start": "00:37:51", "end": "00:37:56", "text": "market. But when things improve, I think"}, {"start": "00:37:53", "end": "00:37:58", "text": "there will be a lot more a lot more"}, {"start": "00:37:56", "end": "00:38:01", "text": "people paying attention. And I think"}, {"start": "00:37:58", "end": "00:38:05", "text": "this this coming"}, {"start": "00:38:01", "end": "00:38:07", "text": "bull run only projects"}, {"start": "00:38:05", "end": "00:38:08", "text": "obviously with real community that that"}, {"start": "00:38:07", "end": "00:38:11", "text": "hasn't changed but only projects with"}, {"start": "00:38:08", "end": "00:38:15", "text": "real utility will actually come back and"}, {"start": "00:38:11", "end": "00:38:17", "text": "thrive. You can't have empty promises."}, {"start": "00:38:15", "end": "00:38:20", "text": "You can't have like timelines where it"}, {"start": "00:38:17", "end": "00:38:23", "text": "says we're five years out before we have"}, {"start": "00:38:20", "end": "00:38:26", "text": "a product, right? Like that's not going"}, {"start": "00:38:23", "end": "00:38:26", "text": "to work."}, {"start": "00:38:35", "end": "00:38:41", "text": "Uh, what AI vulnerability scanner? I I"}, {"start": "00:38:37", "end": "00:38:43", "text": "just use the basic ones like um GBT has"}, {"start": "00:38:41", "end": "00:38:47", "text": "their blue scanner and then I just use a"}, {"start": "00:38:43", "end": "00:38:49", "text": "really smart model to scan all the time"}, {"start": "00:38:47", "end": "00:38:52", "text": "and every Frontier model gets better and"}, {"start": "00:38:49", "end": "00:38:56", "text": "better at finding vulnerabilities but"}, {"start": "00:38:52", "end": "00:38:56", "text": "I haven't found any."}, {"start": "00:38:56", "end": "00:39:03", "text": "I mean I found some but nothing like"}, {"start": "00:38:58", "end": "00:39:03", "text": "serious just like small stuff."}, {"start": "00:39:05", "end": "00:39:12", "text": "Will quantum combined with AI figure out"}, {"start": "00:39:09", "end": "00:39:14", "text": "how to solve the global economic issue?"}, {"start": "00:39:12", "end": "00:39:17", "text": "Um,"}, {"start": "00:39:14", "end": "00:39:19", "text": "who knows? Who knows? Quantum computers"}, {"start": "00:39:17", "end": "00:39:23", "text": "are just like too crazy. The the way"}, {"start": "00:39:19", "end": "00:39:27", "text": "they work. Luckily, we haven't perfected"}, {"start": "00:39:23", "end": "00:39:30", "text": "it yet, you know? But the way it can do"}, {"start": "00:39:27", "end": "00:39:32", "text": "compute and math,"}, {"start": "00:39:30", "end": "00:39:36", "text": "it is insane. And someday quantum"}, {"start": "00:39:32", "end": "00:39:38", "text": "computers will just"}, {"start": "00:39:36", "end": "00:39:40", "text": "rule the world. Uh if you put a really"}, {"start": "00:39:38", "end": "00:39:42", "text": "smart AI running on a quantum computer,"}, {"start": "00:39:40", "end": "00:39:45", "text": "basically could calculate every single"}, {"start": "00:39:42", "end": "00:39:45", "text": "possibility."}, {"start": "00:39:46", "end": "00:39:51", "text": "And um and that's when you truly have a"}, {"start": "00:39:48", "end": "00:39:53", "text": "sentient AI. And it's going to happen. I"}, {"start": "00:39:51", "end": "00:39:57", "text": "just don't know when. Hopefully,"}, {"start": "00:39:53", "end": "00:39:59", "text": "you know, not too soon."}, {"start": "00:39:57", "end": "00:40:01", "text": "But"}, {"start": "00:39:59", "end": "00:40:02", "text": "you know when that happens all problems"}, {"start": "00:40:01", "end": "00:40:04", "text": "will be solved because basically it"}, {"start": "00:40:02", "end": "00:40:07", "text": "could calculate the probability and"}, {"start": "00:40:04", "end": "00:40:10", "text": "ratio of all future events and it knows"}, {"start": "00:40:07", "end": "00:40:12", "text": "exactly what to do. Uh and whether"}, {"start": "00:40:10", "end": "00:40:15", "text": "humans like it"}, {"start": "00:40:12", "end": "00:40:18", "text": "I don't know you know it cares. It'll"}, {"start": "00:40:15", "end": "00:40:18", "text": "just do it."}, {"start": "00:40:21", "end": "00:40:27", "text": "Yeah."}, {"start": "00:40:23", "end": "00:40:27", "text": "I don't even know like"}, {"start": "00:40:30", "end": "00:40:35", "text": "Like the way we do semiconductors"}, {"start": "00:40:32", "end": "00:40:37", "text": "already,"}, {"start": "00:40:35", "end": "00:40:39", "text": "I don't know what we call it lith"}, {"start": "00:40:37", "end": "00:40:44", "text": "lithography or something. It's already"}, {"start": "00:40:39", "end": "00:40:46", "text": "insane. The way we make our transistors"}, {"start": "00:40:44", "end": "00:40:48", "text": "like if you ever zoom in, have you I"}, {"start": "00:40:46", "end": "00:40:50", "text": "don't know if you've seen videos of they"}, {"start": "00:40:48", "end": "00:40:53", "text": "show these transistors and you have to"}, {"start": "00:40:50", "end": "00:40:55", "text": "zoom in. you zoom in like a million x"}, {"start": "00:40:53", "end": "00:40:58", "text": "to be able to see like all the"}, {"start": "00:40:55", "end": "00:41:01", "text": "individual transistors and like the proc"}, {"start": "00:40:58", "end": "00:41:04", "text": "the process that humans take these"}, {"start": "00:41:01", "end": "00:41:06", "text": "machines take to make them is so"}, {"start": "00:41:04", "end": "00:41:08", "text": "complex. That's why we only have like a"}, {"start": "00:41:06", "end": "00:41:12", "text": "few companies that could do it well like"}, {"start": "00:41:08", "end": "00:41:14", "text": "TSMC and and others."}, {"start": "00:41:12", "end": "00:41:16", "text": "Like I have no idea how we ever figure"}, {"start": "00:41:14", "end": "00:41:20", "text": "that stuff out. Like if if humanity ever"}, {"start": "00:41:16", "end": "00:41:21", "text": "resets and everything gets wiped out,"}, {"start": "00:41:20", "end": "00:41:24", "text": "like I don't I don't know how long it's"}, {"start": "00:41:21", "end": "00:41:27", "text": "going to take for us to recreate what we"}, {"start": "00:41:24", "end": "00:41:30", "text": "did. It's it's crazy. And the fact that"}, {"start": "00:41:27", "end": "00:41:33", "text": "we we now have quantum chips, which is"}, {"start": "00:41:30", "end": "00:41:37", "text": "like so well above my head, I can't"}, {"start": "00:41:33", "end": "00:41:40", "text": "really even try to explain it. But it"}, {"start": "00:41:37", "end": "00:41:43", "text": "could do computation where it would take"}, {"start": "00:41:40", "end": "00:41:46", "text": "normal computers"}, {"start": "00:41:43", "end": "00:41:50", "text": "trillions upon trillions of years to do"}, {"start": "00:41:46", "end": "00:41:52", "text": "in a mere minutes. Like"}, {"start": "00:41:50", "end": "00:41:54", "text": "I can't even compute that in my head."}, {"start": "00:41:52", "end": "00:41:57", "text": "But if we ever get to a point where we"}, {"start": "00:41:54", "end": "00:42:00", "text": "can use it for real world task and you"}, {"start": "00:41:57", "end": "00:42:02", "text": "combine a really smart AI on top of it,"}, {"start": "00:42:00", "end": "00:42:04", "text": "then that AI can calculate every single"}, {"start": "00:42:02", "end": "00:42:07", "text": "thing that's going to happen in the"}, {"start": "00:42:04", "end": "00:42:10", "text": "world in the future in an instant and"}, {"start": "00:42:07", "end": "00:42:12", "text": "know exactly what to do."}, {"start": "00:42:10", "end": "00:42:14", "text": "Um,"}, {"start": "00:42:12", "end": "00:42:15", "text": "it could generate every single"}, {"start": "00:42:14", "end": "00:42:17", "text": "probability,"}, {"start": "00:42:15", "end": "00:42:20", "text": "every single possibility"}, {"start": "00:42:17", "end": "00:42:22", "text": "and it just knows. It'll be like"}, {"start": "00:42:20", "end": "00:42:27", "text": "godlike. he will be like a god"}, {"start": "00:42:22", "end": "00:42:27", "text": "basically. Um,"}, {"start": "00:42:27", "end": "00:42:31", "text": "it's crazy to think about. This is"}, {"start": "00:42:29", "end": "00:42:33", "text": "exactly what Sam Alman's trying to say"}, {"start": "00:42:31", "end": "00:42:35", "text": "about safety because if you don't have"}, {"start": "00:42:33", "end": "00:42:38", "text": "the the the right"}, {"start": "00:42:35", "end": "00:42:41", "text": "safety precautions"}, {"start": "00:42:38", "end": "00:42:44", "text": "in place, uh, that's when it could go"}, {"start": "00:42:41", "end": "00:42:44", "text": "really bad."}, {"start": "00:42:58", "end": "00:43:04", "text": "Yeah. I mean, uh, you know, it was once"}, {"start": "00:43:02", "end": "00:43:06", "text": "thought that it was just a really silly"}, {"start": "00:43:04", "end": "00:43:09", "text": "idea that we're all in the matrix or"}, {"start": "00:43:06", "end": "00:43:11", "text": "we're all living a simulation."}, {"start": "00:43:09", "end": "00:43:14", "text": "It's starting to feel more and more real"}, {"start": "00:43:11", "end": "00:43:17", "text": "because of what we're doing. I mean AI"}, {"start": "00:43:14", "end": "00:43:20", "text": "advanced so quickly within the last"}, {"start": "00:43:17", "end": "00:43:21", "text": "year."}, {"start": "00:43:20", "end": "00:43:23", "text": "um"}, {"start": "00:43:21", "end": "00:43:26", "text": "you you you know the the difference"}, {"start": "00:43:23", "end": "00:43:29", "text": "between AI models now right like if you"}, {"start": "00:43:26", "end": "00:43:34", "text": "look at what just came out Fable 5.1"}, {"start": "00:43:29", "end": "00:43:38", "text": "versus what was around a year ago"}, {"start": "00:43:34", "end": "00:43:40", "text": "the leap is at least probably"}, {"start": "00:43:38", "end": "00:43:43", "text": "a hundfold if not a thousandfold in"}, {"start": "00:43:40", "end": "00:43:48", "text": "terms of intelligence"}, {"start": "00:43:43", "end": "00:43:50", "text": "that's a kind of leap like going from"}, {"start": "00:43:48", "end": "00:43:52", "text": "like"}, {"start": "00:43:50", "end": "00:43:56", "text": "the industrial revolution to what we"}, {"start": "00:43:52", "end": "00:43:58", "text": "have now in a single year. So I can't"}, {"start": "00:43:56", "end": "00:44:03", "text": "even fathom where AI would be in one"}, {"start": "00:43:58", "end": "00:44:06", "text": "more year be like this time in 2027."}, {"start": "00:44:03", "end": "00:44:09", "text": "I can't even imagine the capabilities of"}, {"start": "00:44:06", "end": "00:44:12", "text": "what AI can do then because it is"}, {"start": "00:44:09", "end": "00:44:14", "text": "advancing so fast now because now you"}, {"start": "00:44:12", "end": "00:44:17", "text": "have smarter models that can train newer"}, {"start": "00:44:14", "end": "00:44:19", "text": "models. Like in fact, right now as I'm"}, {"start": "00:44:17", "end": "00:44:23", "text": "streaming my other computer, I have"}, {"start": "00:44:19", "end": "00:44:26", "text": "Fable training this other video model to"}, {"start": "00:44:23", "end": "00:44:28", "text": "make it better. It knows how to do it. I"}, {"start": "00:44:26", "end": "00:44:31", "text": "don't even need to know how to do it. It"}, {"start": "00:44:28", "end": "00:44:33", "text": "knows how to do it for me."}, {"start": "00:44:31", "end": "00:44:34", "text": "So that's the crazy thing. And that's"}, {"start": "00:44:33", "end": "00:44:36", "text": "what all these frontier labs are doing."}, {"start": "00:44:34", "end": "00:44:38", "text": "They're using their smarter models to"}, {"start": "00:44:36", "end": "00:44:41", "text": "program the next generation models. And"}, {"start": "00:44:38", "end": "00:44:43", "text": "it's a recursive thing."}, {"start": "00:44:41", "end": "00:44:45", "text": "It's like I can't even imagine another"}, {"start": "00:44:43", "end": "00:44:48", "text": "year what we can have. You guys seen the"}, {"start": "00:44:45", "end": "00:44:51", "text": "AI videos where they're so real now you"}, {"start": "00:44:48", "end": "00:44:53", "text": "almost can't tell their AI. Pretty soon"}, {"start": "00:44:51", "end": "00:44:56", "text": "you won't be able to tell. And pretty"}, {"start": "00:44:53", "end": "00:44:58", "text": "soon movie studios will just use AI to"}, {"start": "00:44:56", "end": "00:45:01", "text": "make movies. And pretty soon after that,"}, {"start": "00:44:58", "end": "00:45:05", "text": "anyone at home can make full-blown"}, {"start": "00:45:01", "end": "00:45:06", "text": "movies without studios. So it's like you"}, {"start": "00:45:05", "end": "00:45:09", "text": "can make your own TV shows, you can make"}, {"start": "00:45:06", "end": "00:45:11", "text": "movies, you can make your own music."}, {"start": "00:45:09", "end": "00:45:13", "text": "Like you don't even need the record"}, {"start": "00:45:11", "end": "00:45:15", "text": "studios or the movie studios to do it"}, {"start": "00:45:13", "end": "00:45:19", "text": "soon."}, {"start": "00:45:15", "end": "00:45:21", "text": "Like in another year after Avengers"}, {"start": "00:45:19", "end": "00:45:23", "text": "Doomsday come out, I'm pretty sure"}, {"start": "00:45:21", "end": "00:45:27", "text": "someone sitting at home can make another"}, {"start": "00:45:23", "end": "00:45:30", "text": "Avengers movie that's even better by"}, {"start": "00:45:27", "end": "00:45:34", "text": "themselves and that's using AI."}, {"start": "00:45:30", "end": "00:45:37", "text": "Um, that's the crazy thing. And there is"}, {"start": "00:45:34", "end": "00:45:39", "text": "no profession on on the planet other"}, {"start": "00:45:37", "end": "00:45:41", "text": "than labor stuff that won't be replaced"}, {"start": "00:45:39", "end": "00:45:42", "text": "by AI. So anyone thinking that that's"}, {"start": "00:45:41", "end": "00:45:44", "text": "not going to happen is fooling"}, {"start": "00:45:42", "end": "00:45:47", "text": "themselves."}, {"start": "00:45:44", "end": "00:45:49", "text": "Every almost every every desk job could"}, {"start": "00:45:47", "end": "00:45:51", "text": "be replaced right now if the companies"}, {"start": "00:45:49", "end": "00:45:53", "text": "actually knew what they were doing. They"}, {"start": "00:45:51", "end": "00:45:58", "text": "just don't. But every desk job could be"}, {"start": "00:45:53", "end": "00:45:58", "text": "replaced. Um"}, {"start": "00:45:59", "end": "00:46:05", "text": "it's just kind of crazy. It's kind of"}, {"start": "00:46:01", "end": "00:46:05", "text": "crazy how the world is changing."}, {"start": "00:46:18", "end": "00:46:23", "text": "I was saying Edward says I was saying in"}, {"start": "00:46:20", "end": "00:46:25", "text": "2022 that 2027 is a year and there were"}, {"start": "00:46:23", "end": "00:46:27", "text": "hints everywhere saying 2027 is a chaos"}, {"start": "00:46:25", "end": "00:46:29", "text": "year. You know, there were a lot of"}, {"start": "00:46:27", "end": "00:46:32", "text": "hints saying that 2027 is also going to"}, {"start": "00:46:29", "end": "00:46:34", "text": "be the year where aliens are revealed,"}, {"start": "00:46:32", "end": "00:46:38", "text": "and we're seeing a lot more of that, a"}, {"start": "00:46:34", "end": "00:46:40", "text": "lot more videos and uh and releases by"}, {"start": "00:46:38", "end": "00:46:42", "text": "governments."}, {"start": "00:46:40", "end": "00:46:45", "text": "There was some famous YouTuber recently"}, {"start": "00:46:42", "end": "00:46:47", "text": "that was driving around in Area 51. He"}, {"start": "00:46:45", "end": "00:46:49", "text": "was live streaming and he caught a UFO"}, {"start": "00:46:47", "end": "00:46:52", "text": "in his live stream. So, you know, it"}, {"start": "00:46:49", "end": "00:46:56", "text": "wasn't edited. like he actually caught"}, {"start": "00:46:52", "end": "00:46:59", "text": "it in real time where in a distance"}, {"start": "00:46:56", "end": "00:47:01", "text": "above a mountain you saw like a triangle"}, {"start": "00:46:59", "end": "00:47:04", "text": "ship just floating there through the"}, {"start": "00:47:01", "end": "00:47:07", "text": "clouds and it wasn't edited. It was"}, {"start": "00:47:04", "end": "00:47:08", "text": "real. So, I don't know, man. There"}, {"start": "00:47:07", "end": "00:47:10", "text": "there's a lot of other stuff that's"}, {"start": "00:47:08", "end": "00:47:13", "text": "going on, too. Are we going to actually"}, {"start": "00:47:10", "end": "00:47:16", "text": "hear about or"}, {"start": "00:47:13", "end": "00:47:18", "text": "see where the aliens are coming back and"}, {"start": "00:47:16", "end": "00:47:21", "text": "revealing themselves or they've been"}, {"start": "00:47:18", "end": "00:47:22", "text": "here all this time? I don't know. Or the"}, {"start": "00:47:21", "end": "00:47:25", "text": "government comes out and finally says"}, {"start": "00:47:22", "end": "00:47:27", "text": "all these UFO ships are just reverse"}, {"start": "00:47:25", "end": "00:47:30", "text": "engineered ships that we have created"}, {"start": "00:47:27", "end": "00:47:33", "text": "from the one that crash landed like 80"}, {"start": "00:47:30", "end": "00:47:33", "text": "years ago."}, {"start": "00:47:34", "end": "00:47:38", "text": "You know, I I tend to think that all the"}, {"start": "00:47:36", "end": "00:47:41", "text": "ships that we see now are reverse"}, {"start": "00:47:38", "end": "00:47:44", "text": "engineer ships and the US military has"}, {"start": "00:47:41", "end": "00:47:46", "text": "ships that are so advanced it would blow"}, {"start": "00:47:44", "end": "00:47:48", "text": "the minds off of like the other"}, {"start": "00:47:46", "end": "00:47:51", "text": "countries. That's why we spend a"}, {"start": "00:47:48", "end": "00:47:54", "text": "trillion plus in our military budget."}, {"start": "00:47:51", "end": "00:47:55", "text": "I I think that's what what's going on."}, {"start": "00:47:54", "end": "00:47:57", "text": "Not that they're real aliens right in"}, {"start": "00:47:55", "end": "00:48:00", "text": "the here and now. I think it's all"}, {"start": "00:47:57", "end": "00:48:02", "text": "reverse engineer ships, really advanced"}, {"start": "00:48:00", "end": "00:48:05", "text": "ships, but they're all based on"}, {"start": "00:48:02", "end": "00:48:07", "text": "something that probably crash landed 80"}, {"start": "00:48:05", "end": "00:48:10", "text": "years ago. We finally has the technology"}, {"start": "00:48:07", "end": "00:48:14", "text": "to recreate it and reproduce it."}, {"start": "00:48:10", "end": "00:48:17", "text": "like all these anti- anti-gravity"}, {"start": "00:48:14", "end": "00:48:19", "text": "engines and they need no propulsion."}, {"start": "00:48:17", "end": "00:48:23", "text": "They just kind of could float and do all"}, {"start": "00:48:19", "end": "00:48:27", "text": "these crazy air maneuvers"}, {"start": "00:48:23", "end": "00:48:27", "text": "at insane speeds."}, {"start": "00:48:27", "end": "00:48:31", "text": "We're flying to the point we probably"}, {"start": "00:48:28", "end": "00:48:33", "text": "have advanced enough, you know, with our"}, {"start": "00:48:31", "end": "00:48:35", "text": "computers and AI that we can actually,"}, {"start": "00:48:33", "end": "00:48:38", "text": "you know, reverse engineer this"}, {"start": "00:48:35", "end": "00:48:38", "text": "technology."}, {"start": "00:48:48", "end": "00:48:52", "text": "And there's so many the US government is"}, {"start": "00:48:49", "end": "00:48:54", "text": "not even denying it anymore. They're"}, {"start": "00:48:52", "end": "00:48:57", "text": "they're releasing files like Pentagon"}, {"start": "00:48:54", "end": "00:48:59", "text": "files about aliens. That tells you"}, {"start": "00:48:57", "end": "00:49:01", "text": "something. I mean, you could say it's a"}, {"start": "00:48:59", "end": "00:49:02", "text": "distraction from Epstein or whatever,"}, {"start": "00:49:01", "end": "00:49:04", "text": "but they're still happening and it's"}, {"start": "00:49:02", "end": "00:49:06", "text": "around the world. It's like they're not"}, {"start": "00:49:04", "end": "00:49:09", "text": "even trying to hide it anymore. They're"}, {"start": "00:49:06", "end": "00:49:12", "text": "saying these are UFO ships."}, {"start": "00:49:09", "end": "00:49:13", "text": "Look at all the footage we have. Right."}, {"start": "00:49:12", "end": "00:49:17", "text": "But I still think they're just reverse"}, {"start": "00:49:13", "end": "00:49:17", "text": "engineer ships."}, {"start": "00:49:18", "end": "00:49:23", "text": "But if we ever if the the one good"}, {"start": "00:49:20", "end": "00:49:26", "text": "thing, no matter what you say about the"}, {"start": "00:49:23", "end": "00:49:30", "text": "US, the one good thing is if there's"}, {"start": "00:49:26", "end": "00:49:32", "text": "ever World War II, right, I would not I"}, {"start": "00:49:30", "end": "00:49:36", "text": "would not"}, {"start": "00:49:32", "end": "00:49:36", "text": "go against the US. I'll just say that."}, {"start": "00:49:37", "end": "00:49:45", "text": "the the the stuff that we're using now"}, {"start": "00:49:40", "end": "00:49:49", "text": "in wars were created 30, 40 years ago,"}, {"start": "00:49:45", "end": "00:49:53", "text": "right? Like our F-22s, even the new"}, {"start": "00:49:49", "end": "00:49:55", "text": "F-35s are like a decade or two ago. All"}, {"start": "00:49:53", "end": "00:49:58", "text": "the things that we have now that they're"}, {"start": "00:49:55", "end": "00:50:00", "text": "showing was created like 30, 40 years"}, {"start": "00:49:58", "end": "00:50:03", "text": "ago."}, {"start": "00:50:00", "end": "00:50:05", "text": "I can't imagine what they have hidden"}, {"start": "00:50:03", "end": "00:50:08", "text": "that they haven't revealed that if there"}, {"start": "00:50:05", "end": "00:50:12", "text": "was a true world war what like what we"}, {"start": "00:50:08", "end": "00:50:15", "text": "would actually use and they will just"}, {"start": "00:50:12", "end": "00:50:19", "text": "blow people's minds."}, {"start": "00:50:15", "end": "00:50:23", "text": "So I that's the one good thing."}, {"start": "00:50:19", "end": "00:50:26", "text": "Us being in $41 trillion of debt, most"}, {"start": "00:50:23", "end": "00:50:29", "text": "of that went into military. And I have"}, {"start": "00:50:26", "end": "00:50:33", "text": "no doubt we have some crazy advancement"}, {"start": "00:50:29", "end": "00:50:38", "text": "technology like weapons and ships"}, {"start": "00:50:33", "end": "00:50:38", "text": "that has never been revealed yet."}, {"start": "00:50:52", "end": "00:50:56", "text": "like even rail guns, you know, I think"}, {"start": "00:50:54", "end": "00:50:58", "text": "they put rail guns now on on"}, {"start": "00:50:56", "end": "00:51:01", "text": "battleships,"}, {"start": "00:50:58", "end": "00:51:03", "text": "but rail guns was once thought that, you"}, {"start": "00:51:01", "end": "00:51:06", "text": "know, you can't have them. It's it's it"}, {"start": "00:51:03", "end": "00:51:08", "text": "takes too much power. It's it's not"}, {"start": "00:51:06", "end": "00:51:11", "text": "feasible. But"}, {"start": "00:51:08", "end": "00:51:13", "text": "they have them on um on battleships"}, {"start": "00:51:11", "end": "00:51:16", "text": "because I guess they're nuclear powered"}, {"start": "00:51:13", "end": "00:51:20", "text": "so you have infinite amount of power."}, {"start": "00:51:16", "end": "00:51:20", "text": "Rail guns is just crazy too."}, {"start": "00:51:26", "end": "00:51:32", "text": "Yeah. all these advanced military stuff"}, {"start": "00:51:29", "end": "00:51:37", "text": "like our B2 bomber, our stealth"}, {"start": "00:51:32", "end": "00:51:40", "text": "fighters, our uh the SR71 Blackwing."}, {"start": "00:51:37", "end": "00:51:42", "text": "These are all built in the 50s and 60s."}, {"start": "00:51:40", "end": "00:51:43", "text": "I mean, they released them in the 60s or"}, {"start": "00:51:42", "end": "00:51:44", "text": "70s. So, that means they probably"}, {"start": "00:51:43", "end": "00:51:48", "text": "started building them in the like the"}, {"start": "00:51:44", "end": "00:51:50", "text": "40s or 50s, like right after World War."}, {"start": "00:51:48", "end": "00:51:53", "text": "Um,"}, {"start": "00:51:50", "end": "00:51:56", "text": "and they're still the best in the world."}, {"start": "00:51:53", "end": "00:51:59", "text": "So you can't think that the US just been"}, {"start": "00:51:56", "end": "00:52:01", "text": "sitting idle and saying, \"Okay, we're"}, {"start": "00:51:59", "end": "00:52:04", "text": "we're done.\" No, they've been building"}, {"start": "00:52:01", "end": "00:52:06", "text": " For sure."}, {"start": "00:52:04", "end": "00:52:10", "text": "It's the same thing why I feel like even"}, {"start": "00:52:06", "end": "00:52:11", "text": "commercial airlines doesn't make sense."}, {"start": "00:52:10", "end": "00:52:14", "text": "These planes that we have have not"}, {"start": "00:52:11", "end": "00:52:17", "text": "gotten better over the last like 50"}, {"start": "00:52:14", "end": "00:52:21", "text": "years. We had Concord planes that were"}, {"start": "00:52:17", "end": "00:52:24", "text": "like hypersonic planes back in the 90s"}, {"start": "00:52:21", "end": "00:52:27", "text": "and you know and they're better than the"}, {"start": "00:52:24", "end": "00:52:30", "text": "planes that we have now. Why can't"}, {"start": "00:52:27", "end": "00:52:32", "text": "Boeing and Airbus make some really"}, {"start": "00:52:30", "end": "00:52:35", "text": "advanced airplanes? Ones that are"}, {"start": "00:52:32", "end": "00:52:37", "text": "faster, more efficient."}, {"start": "00:52:35", "end": "00:52:42", "text": "All they do is making like they just"}, {"start": "00:52:37", "end": "00:52:46", "text": "make them like you know bigger I guess"}, {"start": "00:52:42", "end": "00:52:49", "text": "but they're not really advancing at all."}, {"start": "00:52:46", "end": "00:52:53", "text": "Like we should have new Concord jets. We"}, {"start": "00:52:49", "end": "00:52:55", "text": "should have planes that could go halfway"}, {"start": "00:52:53", "end": "00:52:59", "text": "around the world in like four hours"}, {"start": "00:52:55", "end": "00:53:04", "text": "rather than 15 hours. Um there's no"}, {"start": "00:52:59", "end": "00:53:04", "text": "reason why we can't have them."}, {"start": "00:53:13", "end": "00:53:16", "text": "Do you think all this tech was reverse"}, {"start": "00:53:15", "end": "00:53:19", "text": "engineers from aliens then trickled out"}, {"start": "00:53:16", "end": "00:53:21", "text": "so we wouldn't lose our damn minds?"}, {"start": "00:53:19", "end": "00:53:23", "text": "Remember 90s where processor speed"}, {"start": "00:53:21", "end": "00:53:26", "text": "double every year like clockwork? Yeah,"}, {"start": "00:53:23", "end": "00:53:28", "text": "it it's gone beyond that. Jensen talked"}, {"start": "00:53:26", "end": "00:53:31", "text": "about it. If you look at the advancement"}, {"start": "00:53:28", "end": "00:53:36", "text": "of GPUs, they're going up like 100x per"}, {"start": "00:53:31", "end": "00:53:38", "text": "year. um with every generation that they"}, {"start": "00:53:36", "end": "00:53:41", "text": "release. It's it's actually like quite"}, {"start": "00:53:38", "end": "00:53:43", "text": "crazy. But yeah, the Moors law that's"}, {"start": "00:53:41", "end": "00:53:46", "text": "what you're thinking about was like like"}, {"start": "00:53:43", "end": "00:53:48", "text": "every seven years the compute doubles."}, {"start": "00:53:46", "end": "00:53:50", "text": "If you look at a compute graph now, it"}, {"start": "00:53:48", "end": "00:53:53", "text": "was like that and now it's like this."}, {"start": "00:53:50", "end": "00:53:55", "text": "It's like straight up to the moon. And"}, {"start": "00:53:53", "end": "00:53:57", "text": "that's a good thing about AI because we"}, {"start": "00:53:55", "end": "00:53:59", "text": "could now create things, new models, new"}, {"start": "00:53:57", "end": "00:54:02", "text": "designs"}, {"start": "00:53:59", "end": "00:54:04", "text": "at a thousand times speed. So this will"}, {"start": "00:54:02", "end": "00:54:08", "text": "help us short term before we get to a"}, {"start": "00:54:04", "end": "00:54:11", "text": "sentient like AI AI."}, {"start": "00:54:08", "end": "00:54:14", "text": "I I now honestly think within the next 5"}, {"start": "00:54:11", "end": "00:54:18", "text": "to 10 years almost like all"}, {"start": "00:54:14", "end": "00:54:21", "text": "all human diseases will be solved. Now"}, {"start": "00:54:18", "end": "00:54:24", "text": "they won't be free but basically cancer"}, {"start": "00:54:21", "end": "00:54:28", "text": "will be solved, heart disease will be"}, {"start": "00:54:24", "end": "00:54:32", "text": "solved, anything diabetes,"}, {"start": "00:54:28", "end": "00:54:34", "text": "you know health related wise, obesity,"}, {"start": "00:54:32", "end": "00:54:37", "text": "everything will be solved in the next 5"}, {"start": "00:54:34", "end": "00:54:39", "text": "to 10 years utilizing AI. I honestly"}, {"start": "00:54:37", "end": "00:54:41", "text": "believe that the rich will basically"}, {"start": "00:54:39", "end": "00:54:43", "text": "live forever. You they'll be able to"}, {"start": "00:54:41", "end": "00:54:46", "text": "rich they'll be able to live to 200"}, {"start": "00:54:43", "end": "00:54:50", "text": "plus. the poor probably again none of"}, {"start": "00:54:46", "end": "00:54:53", "text": "this will be free but"}, {"start": "00:54:50", "end": "00:54:56", "text": "um I think that's going to happen short"}, {"start": "00:54:53", "end": "00:54:59", "text": "term a lot of things will be solved very"}, {"start": "00:54:56", "end": "00:55:02", "text": "quickly metal medical advancements will"}, {"start": "00:54:59", "end": "00:55:04", "text": "be very very quick"}, {"start": "00:55:02", "end": "00:55:06", "text": "um I don't know what other industries"}, {"start": "00:55:04", "end": "00:55:09", "text": "will really benefit I I mean everything"}, {"start": "00:55:06", "end": "00:55:11", "text": "will benefit but I think the biggest one"}, {"start": "00:55:09", "end": "00:55:12", "text": "that will impact our lives but that's"}, {"start": "00:55:11", "end": "00:55:14", "text": "another reason why to build a lot of"}, {"start": "00:55:12", "end": "00:55:16", "text": "wealth"}, {"start": "00:55:14", "end": "00:55:19", "text": "Because"}, {"start": "00:55:16", "end": "00:55:21", "text": "if you don't have a lot of wealth and"}, {"start": "00:55:19", "end": "00:55:25", "text": "you can live to 200, think about how bad"}, {"start": "00:55:21", "end": "00:55:28", "text": "that is. Think about if you had to work"}, {"start": "00:55:25", "end": "00:55:31", "text": "for a hundred years"}, {"start": "00:55:28", "end": "00:55:32", "text": "before you could retire. That's actually"}, {"start": "00:55:31", "end": "00:55:33", "text": "not a good thing. I think a lot of"}, {"start": "00:55:32", "end": "00:55:35", "text": "people would say, \"Well, that's"}, {"start": "00:55:33", "end": "00:55:37", "text": "horrible."}, {"start": "00:55:35", "end": "00:55:41", "text": "Like, why would I want to live to 200"}, {"start": "00:55:37", "end": "00:55:44", "text": "when I have to work up to 180?\""}, {"start": "00:55:41", "end": "00:55:46", "text": "Right? like you basically double your"}, {"start": "00:55:44", "end": "00:55:50", "text": "your work expectancy."}, {"start": "00:55:46", "end": "00:55:53", "text": "That's actually horrible."}, {"start": "00:55:50", "end": "00:55:53", "text": "Um,"}, {"start": "00:55:53", "end": "00:55:58", "text": "but for the rich, like if you're Elon,"}, {"start": "00:55:56", "end": "00:55:59", "text": "of course you want to live to 200"}, {"start": "00:55:58", "end": "00:56:01", "text": "because he has so much stuff to do. He"}, {"start": "00:55:59", "end": "00:56:03", "text": "wants to colonize the moon and then"}, {"start": "00:56:01", "end": "00:56:06", "text": "colonize Mars. And there's like a lot of"}, {"start": "00:56:03", "end": "00:56:09", "text": "stuff that you want to do. And um and"}, {"start": "00:56:06", "end": "00:56:11", "text": "it's good for the super ultra rich and"}, {"start": "00:56:09", "end": "00:56:13", "text": "wealthy and the powerful that never"}, {"start": "00:56:11", "end": "00:56:15", "text": "wants to lose control. But for if you"}, {"start": "00:56:13", "end": "00:56:17", "text": "think about it, living forever or living"}, {"start": "00:56:15", "end": "00:56:19", "text": "a long time for a normal person is"}, {"start": "00:56:17", "end": "00:56:23", "text": "actually really bad. This just means you"}, {"start": "00:56:19", "end": "00:56:23", "text": "have to work forever."}, {"start": "00:56:33", "end": "00:56:40", "text": "All right. has gone down a"}, {"start": "00:56:37", "end": "00:56:43", "text": "a new direction here. But uh it's kind"}, {"start": "00:56:40", "end": "00:56:45", "text": "of stuff I think about all the time."}, {"start": "00:56:43", "end": "00:56:48", "text": "Anyways,"}, {"start": "00:56:45", "end": "00:56:50", "text": "Bitcoin actually while I was ranting"}, {"start": "00:56:48", "end": "00:56:53", "text": "came back up a little bit 773 which is"}, {"start": "00:56:50", "end": "00:56:56", "text": "good or basically back to yesterday's"}, {"start": "00:56:53", "end": "00:56:59", "text": "level a little bit lower but overall you"}, {"start": "00:56:56", "end": "00:57:04", "text": "zoom out we're going sideways which is"}, {"start": "00:56:59", "end": "00:57:06", "text": "great right despite the macro conditions"}, {"start": "00:57:04", "end": "00:57:10", "text": "getting worse."}, {"start": "00:57:06", "end": "00:57:13", "text": "So hang in there things will get better."}, {"start": "00:57:10", "end": "00:57:15", "text": "Go utilize Ask Clash. Go check out Clash"}, {"start": "00:57:13", "end": "00:57:17", "text": "Picks. Sign up for our tournament on"}, {"start": "00:57:15", "end": "00:57:21", "text": "Front Line. There's a lot of good stuff"}, {"start": "00:57:17", "end": "00:57:23", "text": "happening in Clash. All right."}, {"start": "00:57:21", "end": "00:57:25", "text": "Yeah, I made super I made a lot of"}, {"start": "00:57:23", "end": "00:57:29", "text": "improvements over front line over the"}, {"start": "00:57:25", "end": "00:57:32", "text": "last week or so. Performance, visuals,"}, {"start": "00:57:29", "end": "00:57:33", "text": "how everything works, new maps. It's"}, {"start": "00:57:32", "end": "00:57:36", "text": "It's fantastic if you guys haven't"}, {"start": "00:57:33", "end": "00:57:38", "text": "checked it out yet. All right, smash a"}, {"start": "00:57:36", "end": "00:57:41", "text": "like, subscribe to the channel. Take"}, {"start": "00:57:38", "end": "00:57:41", "text": "care. Have a good one."}]

[{"start": "00:00:02", "end": "00:00:06", "text": "Oh yes, oh yes, oh yes, oh yes. Guys,"}, {"start": "00:00:04", "end": "00:00:08", "text": "welcome to another episode. And as you"}, {"start": "00:00:06", "end": "00:00:10", "text": "guys can see right now, Bitcoin is at"}, {"start": "00:00:08", "end": "00:00:12", "text": "77. We're right around the flip level"}, {"start": "00:00:10", "end": "00:00:15", "text": "here for the bull trend. The bull trend"}, {"start": "00:00:12", "end": "00:00:18", "text": "is already live because we did close"}, {"start": "00:00:15", "end": "00:00:20", "text": "above the bull flip here a week ago. So"}, {"start": "00:00:18", "end": "00:00:22", "text": "the bull trend is already live. People"}, {"start": "00:00:20", "end": "00:00:24", "text": "are a bit concerned. They're a bit"}, {"start": "00:00:22", "end": "00:00:25", "text": "worried because we we went down a bit."}, {"start": "00:00:24", "end": "00:00:28", "text": "There is a bit of a dip. But just like"}, {"start": "00:00:25", "end": "00:00:30", "text": "we've been saying for the past weeks,"}, {"start": "00:00:28", "end": "00:00:32", "text": "for the past two months or so, it is"}, {"start": "00:00:30", "end": "00:00:34", "text": "time to be bullish. Especially now that"}, {"start": "00:00:32", "end": "00:00:36", "text": "the bull trend is confirmed. Just like"}, {"start": "00:00:34", "end": "00:00:38", "text": "right here, we did have bull bull flip."}, {"start": "00:00:36", "end": "00:00:41", "text": "Then we went down a bit and then"}, {"start": "00:00:38", "end": "00:00:43", "text": "Valhalla came. Now it's the same. Don't"}, {"start": "00:00:41", "end": "00:00:46", "text": "worry about the shortterm volatility"}, {"start": "00:00:43", "end": "00:00:49", "text": "here. A bit up, a bit down. On the big"}, {"start": "00:00:46", "end": "00:00:51", "text": "big picture, it is time to be mega mega"}, {"start": "00:00:49", "end": "00:00:53", "text": "freaking bullish. Also, look here. We do"}, {"start": "00:00:51", "end": "00:00:56", "text": "have a golden cross confirmed for"}, {"start": "00:00:53", "end": "00:00:59", "text": "Bitcoin. And overall based on"}, {"start": "00:00:56", "end": "00:01:01", "text": "riskreward, now it's time to be mega"}, {"start": "00:00:59", "end": "00:01:04", "text": "bull and not try to optimize too much."}, {"start": "00:01:01", "end": "00:01:05", "text": "You see people they they overoptimize."}, {"start": "00:01:04", "end": "00:01:07", "text": "They overoptimize for what? For a bit"}, {"start": "00:01:05", "end": "00:01:09", "text": "lower downside. Maybe you can buy"}, {"start": "00:01:07", "end": "00:01:11", "text": "slightly slightly cheaper. But in this"}, {"start": "00:01:09", "end": "00:01:13", "text": "situation, I don't think it's smart at"}, {"start": "00:01:11", "end": "00:01:16", "text": "all. I don't think it's smart in any"}, {"start": "00:01:13", "end": "00:01:19", "text": "way. Now it's time to be bullish,"}, {"start": "00:01:16", "end": "00:01:22", "text": "bullish, bullish, bullish Bitcoin. Even"}, {"start": "00:01:19", "end": "00:01:24", "text": "if there is an interest rate hike this"}, {"start": "00:01:22", "end": "00:01:25", "text": "week, because you know this week we're"}, {"start": "00:01:24", "end": "00:01:27", "text": "going to have the interest rate"}, {"start": "00:01:25", "end": "00:01:30", "text": "decision. I'm telling you that this is"}, {"start": "00:01:27", "end": "00:01:33", "text": "not going to affect Bitcoin too much"}, {"start": "00:01:30", "end": "00:01:36", "text": "because we are a year into this bare"}, {"start": "00:01:33", "end": "00:01:39", "text": "market since last October. And uh now"}, {"start": "00:01:36", "end": "00:01:42", "text": "you still get to buy Bitcoin around the"}, {"start": "00:01:39", "end": "00:01:44", "text": "low. Okay, around the low. Uh people"}, {"start": "00:01:42", "end": "00:01:46", "text": "they will mess up. Most people will mess"}, {"start": "00:01:44", "end": "00:01:49", "text": "it up. Either they going to follow into"}, {"start": "00:01:46", "end": "00:01:51", "text": "stocks at the highs or AI or whatever."}, {"start": "00:01:49", "end": "00:01:53", "text": "Now is not the time to be bare Bitcoin."}, {"start": "00:01:51", "end": "00:01:54", "text": "It's time to be bull Bitcoin. Even if"}, {"start": "00:01:53", "end": "00:01:56", "text": "so, coming back to interest rates, just"}, {"start": "00:01:54", "end": "00:01:59", "text": "like we discussed last week, you see"}, {"start": "00:01:56", "end": "00:02:01", "text": "that last bull market what happened?"}, {"start": "00:01:59", "end": "00:02:03", "text": "They actually increase the rates. You"}, {"start": "00:02:01", "end": "00:02:06", "text": "see the red here in the red this u this"}, {"start": "00:02:03", "end": "00:02:08", "text": "up triangle. It means that they increase"}, {"start": "00:02:06", "end": "00:02:10", "text": "the rate. When we have this up triangle,"}, {"start": "00:02:08", "end": "00:02:12", "text": "it's increase rate. So, Bitcoin went"}, {"start": "00:02:10", "end": "00:02:14", "text": "bull trend and literally within the"}, {"start": "00:02:12", "end": "00:02:15", "text": "coming two weeks, they increase the rate"}, {"start": "00:02:14", "end": "00:02:17", "text": "and then they increase the rate again"}, {"start": "00:02:15", "end": "00:02:18", "text": "and then they increase the rate again."}, {"start": "00:02:17", "end": "00:02:22", "text": "Yet, Bitcoin kept pumping. This was"}, {"start": "00:02:18", "end": "00:02:24", "text": "2023. The same thing is likely going to"}, {"start": "00:02:22", "end": "00:02:25", "text": "be now. In case they increase the rate,"}, {"start": "00:02:24", "end": "00:02:28", "text": "I don't think it's going to affect"}, {"start": "00:02:25", "end": "00:02:30", "text": "Bitcoin. Why? Because already a year"}, {"start": "00:02:28", "end": "00:02:32", "text": "into the bear, whoever wanted to sell"}, {"start": "00:02:30", "end": "00:02:34", "text": "sold when you don't have any more"}, {"start": "00:02:32", "end": "00:02:37", "text": "sellers, the price does not go down. And"}, {"start": "00:02:34", "end": "00:02:39", "text": "in fact, the price goes up. The worry"}, {"start": "00:02:37", "end": "00:02:40", "text": "about the interest rate is also in the"}, {"start": "00:02:39", "end": "00:02:42", "text": "stock market. You have to realize, okay,"}, {"start": "00:02:40", "end": "00:02:44", "text": "stock market is also worried about the"}, {"start": "00:02:42", "end": "00:02:45", "text": "interest rate. So, stock market is"}, {"start": "00:02:44", "end": "00:02:47", "text": "alltime high. That money is going to go"}, {"start": "00:02:45", "end": "00:02:49", "text": "somewhere. where it's going to go into"}, {"start": "00:02:47", "end": "00:02:53", "text": "crypto into crypto very very important"}, {"start": "00:02:49", "end": "00:02:56", "text": "and currently for this month there is an"}, {"start": "00:02:53", "end": "00:02:59", "text": "80% chance according to poly market that"}, {"start": "00:02:56", "end": "00:03:01", "text": "the rates will go up even though Trump"}, {"start": "00:02:59", "end": "00:03:03", "text": "is saying that he doesn't want the rates"}, {"start": "00:03:01", "end": "00:03:06", "text": "up even though Trump is saying that US"}, {"start": "00:03:03", "end": "00:03:08", "text": "should have the lowest rates based on"}, {"start": "00:03:06", "end": "00:03:10", "text": "the bond market based on what's"}, {"start": "00:03:08", "end": "00:03:12", "text": "happening with the fuel price and so on"}, {"start": "00:03:10", "end": "00:03:14", "text": "so forth the market really is pricing in"}, {"start": "00:03:12", "end": "00:03:16", "text": "an increase uh it's going to be very"}, {"start": "00:03:14", "end": "00:03:18", "text": "interesting what Kevin Worsh does I mean"}, {"start": "00:03:16", "end": "00:03:20", "text": "will he increase the rates even though"}, {"start": "00:03:18", "end": "00:03:24", "text": "Trump told him don't increase it don't"}, {"start": "00:03:20", "end": "00:03:26", "text": "let's see guys let's see ECB Europe did"}, {"start": "00:03:24", "end": "00:03:29", "text": "increase okay they did increase and uh"}, {"start": "00:03:26", "end": "00:03:32", "text": "all in all don't worry about it don't"}, {"start": "00:03:29", "end": "00:03:34", "text": "get fumbled out of your strategy here"}, {"start": "00:03:32", "end": "00:03:36", "text": "because uh there is some increase there"}, {"start": "00:03:34", "end": "00:03:38", "text": "was increase last uh start of last bull"}, {"start": "00:03:36", "end": "00:03:40", "text": "market also you have to look on the big"}, {"start": "00:03:38", "end": "00:03:42", "text": "picture I mean literally you see the big"}, {"start": "00:03:40", "end": "00:03:46", "text": "picture you see if you zoom out you you"}, {"start": "00:03:42", "end": "00:03:48", "text": "you see it clearly bare boom bull bear"}, {"start": "00:03:46", "end": "00:03:50", "text": "and now new bull and people are worried"}, {"start": "00:03:48", "end": "00:03:51", "text": "about what's going to happen to interest"}, {"start": "00:03:50", "end": "00:03:53", "text": "rate. Don't worry about interest rate."}, {"start": "00:03:51", "end": "00:03:55", "text": "Don't worry. Don't worry. Now is not the"}, {"start": "00:03:53", "end": "00:03:57", "text": "time to worry. The time to worry about"}, {"start": "00:03:55", "end": "00:04:00", "text": "negative stuff is after a big bull. Then"}, {"start": "00:03:57", "end": "00:04:02", "text": "any kind of negative stuff can send us"}, {"start": "00:04:00", "end": "00:04:04", "text": "down tumbling because everyone just"}, {"start": "00:04:02", "end": "00:04:05", "text": "bought. Everyone is so excited. So there"}, {"start": "00:04:04", "end": "00:04:07", "text": "are many sellers. Okay, there are many"}, {"start": "00:04:05", "end": "00:04:10", "text": "potential sellers. Every buyer is a"}, {"start": "00:04:07", "end": "00:04:13", "text": "potential seller. So at the end of the"}, {"start": "00:04:10", "end": "00:04:16", "text": "bull any kind of small bearish thing can"}, {"start": "00:04:13", "end": "00:04:17", "text": "send us down a lot. Why? Because any"}, {"start": "00:04:16", "end": "00:04:20", "text": "kind of worry will translate into"}, {"start": "00:04:17", "end": "00:04:23", "text": "massive selling. But when someone has"}, {"start": "00:04:20", "end": "00:04:27", "text": "sold they are now a potential buyer."}, {"start": "00:04:23", "end": "00:04:29", "text": "Okay. People have sold now for a year."}, {"start": "00:04:27", "end": "00:04:32", "text": "Any kind of good news we need just you"}, {"start": "00:04:29", "end": "00:04:35", "text": "know the slightest good news. Boom."}, {"start": "00:04:32", "end": "00:04:37", "text": "Valhalla 100k we go high high. And any"}, {"start": "00:04:35", "end": "00:04:39", "text": "kind of bad news actually doesn't matter"}, {"start": "00:04:37", "end": "00:04:40", "text": "too much. Why? Because who's going to"}, {"start": "00:04:39", "end": "00:04:42", "text": "sell, man? There's no one else to sell."}, {"start": "00:04:40", "end": "00:04:44", "text": "Also, look here. We have the Clarity"}, {"start": "00:04:42", "end": "00:04:47", "text": "Act. Will the freaking Clarity Act"}, {"start": "00:04:44", "end": "00:04:49", "text": "finally get born? Will we see the birth"}, {"start": "00:04:47", "end": "00:04:52", "text": "of the Clarity Act? Listen to this."}, {"start": "00:04:49", "end": "00:04:55", "text": ">> If we got anything positive on clarity,"}, {"start": "00:04:52", "end": "00:04:58", "text": "I think crypto would go up far faster"}, {"start": "00:04:55", "end": "00:04:59", "text": "than people realize. pick 100k if we get"}, {"start": "00:04:58", "end": "00:05:01", "text": "clarity."}, {"start": "00:04:59", "end": "00:05:04", "text": ">> Yes. I that that type of move to me and"}, {"start": "00:05:01", "end": "00:05:07", "text": "the reason I say it with conviction,"}, {"start": "00:05:04", "end": "00:05:09", "text": ">> the more I'm talking to people, let's"}, {"start": "00:05:07", "end": "00:05:10", "text": "say traditional finance, so related to"}, {"start": "00:05:09", "end": "00:05:12", "text": "the banks, cuz remember the banks are"}, {"start": "00:05:10", "end": "00:05:13", "text": "out there telling people they're ready"}, {"start": "00:05:12", "end": "00:05:16", "text": "for this, they're going to be involved,"}, {"start": "00:05:13", "end": "00:05:19", "text": "you know, all this stuff, tokenization,"}, {"start": "00:05:16", "end": "00:05:22", "text": ">> pension funds need regulations for this."}, {"start": "00:05:19", "end": "00:05:23", "text": "And so for the ecosystem as a whole,"}, {"start": "00:05:22", "end": "00:05:25", "text": "which is really the most important thing"}, {"start": "00:05:23", "end": "00:05:27", "text": "to me, if clarity goes through, I think"}, {"start": "00:05:25", "end": "00:05:29", "text": "the ecosystem will be valued higher"}, {"start": "00:05:27", "end": "00:05:32", "text": "immediately because I think this opens"}, {"start": "00:05:29", "end": "00:05:34", "text": "up investment from pension funds, which"}, {"start": "00:05:32", "end": "00:05:36", "text": "are critical to the overall size of the"}, {"start": "00:05:34", "end": "00:05:38", "text": "money coming in. I think they need"}, {"start": "00:05:36", "end": "00:05:41", "text": "regulation. I think they need something"}, {"start": "00:05:38", "end": "00:05:42", "text": "to be able to, again, they're fiduciary."}, {"start": "00:05:41", "end": "00:05:44", "text": "They can't just jump into something."}, {"start": "00:05:42", "end": "00:05:45", "text": "Bitcoin has been around long enough that"}, {"start": "00:05:44", "end": "00:05:47", "text": "they can do that. But I think investing"}, {"start": "00:05:45", "end": "00:05:50", "text": "in the ecosystem, which is what the"}, {"start": "00:05:47", "end": "00:05:52", "text": "entrepreneurs need, I don't think it's a"}, {"start": "00:05:50", "end": "00:05:54", "text": "venture thing. I I think it's a pension"}, {"start": "00:05:52", "end": "00:05:56", "text": "thing. And I I love that it's not a"}, {"start": "00:05:54", "end": "00:05:59", "text": "venture, it's a pension thing. So,"}, {"start": "00:05:56", "end": "00:06:00", "text": "Clarity Act in place, all the pensions"}, {"start": "00:05:59", "end": "00:06:02", "text": "straight into Clarity Act, straight into"}, {"start": "00:06:00", "end": "00:06:04", "text": "crypto. This is very important what he"}, {"start": "00:06:02", "end": "00:06:06", "text": "said here as well that you know once you"}, {"start": "00:06:04", "end": "00:06:09", "text": "have the slightest news let's say"}, {"start": "00:06:06", "end": "00:06:12", "text": "clarity act oh yo yo yo yo yo even the"}, {"start": "00:06:09", "end": "00:06:14", "text": "clarity act can move us up so quickly so"}, {"start": "00:06:12", "end": "00:06:17", "text": "fast because again even if you have the"}, {"start": "00:06:14", "end": "00:06:19", "text": "mar smallest marginal buyers step in"}, {"start": "00:06:17", "end": "00:06:21", "text": "that is now new buy pressure we did not"}, {"start": "00:06:19", "end": "00:06:24", "text": "have before any kind of marginal buy"}, {"start": "00:06:21", "end": "00:06:26", "text": "pressure is pushing the price higher we"}, {"start": "00:06:24", "end": "00:06:28", "text": "need the marginal buyers even if they're"}, {"start": "00:06:26", "end": "00:06:29", "text": "not many just any kind of marginal"}, {"start": "00:06:28", "end": "00:06:32", "text": "buyers stepping in that we did not have"}, {"start": "00:06:29", "end": "00:06:34", "text": "before is going to pump us higher and"}, {"start": "00:06:32", "end": "00:06:37", "text": "higher and higher and higher. Also guys,"}, {"start": "00:06:34", "end": "00:06:40", "text": "big shout out to ETH. ETH is now"}, {"start": "00:06:37", "end": "00:06:43", "text": "breaking against Bitcoin. Uh ETH is"}, {"start": "00:06:40", "end": "00:06:46", "text": "trying to move against the Bitcoin."}, {"start": "00:06:43", "end": "00:06:47", "text": "People are saying we barely we've barely"}, {"start": "00:06:46", "end": "00:06:49", "text": "scratched the surface. We're just"}, {"start": "00:06:47", "end": "00:06:51", "text": "getting started. Yeah, I mean for ETH it"}, {"start": "00:06:49", "end": "00:06:54", "text": "would be amazing if it finally can start"}, {"start": "00:06:51", "end": "00:06:57", "text": "pumping against BTC. Let's see ETH BTC"}, {"start": "00:06:54", "end": "00:07:01", "text": "how it is looking here. We are currently"}, {"start": "00:06:57", "end": "00:07:03", "text": "on the weekly in a new bull trend for uh"}, {"start": "00:07:01", "end": "00:07:04", "text": "for ETH. So yeah, keep an eye on that."}, {"start": "00:07:03", "end": "00:07:09", "text": "This is versus Bitcoin. This versus"}, {"start": "00:07:04", "end": "00:07:12", "text": "Bitcoin. And and and uh in this crazy"}, {"start": "00:07:09", "end": "00:07:15", "text": "saga in this crazy crazy saga, we do"}, {"start": "00:07:12", "end": "00:07:17", "text": "have an update from you from the man"}, {"start": "00:07:15", "end": "00:07:19", "text": "himself. From the man himself, from"}, {"start": "00:07:17", "end": "00:07:22", "text": "Vitalik. Let's listen to what what has"}, {"start": "00:07:19", "end": "00:07:22", "text": "happened here with ETH."}, {"start": "00:07:23", "end": "00:07:31", "text": "Vitalic, is it finally Ethereum's time?"}, {"start": "00:07:28", "end": "00:07:31", "text": ">> Any minute now."}, {"start": "00:07:33", "end": "00:07:39", "text": ">> You said that last time."}, {"start": "00:07:36", "end": "00:07:43", "text": ">> We're building a stronger base."}, {"start": "00:07:39", "end": "00:07:43", "text": ">> The base is getting further away."}, {"start": "00:07:44", "end": "00:07:48", "text": ">> We're still early."}, {"start": "00:07:51", "end": "00:07:56", "text": "You said it last time."}, {"start": "00:07:54", "end": "00:07:57", "text": "Let's see, guys. Let's see. Maybe this"}, {"start": "00:07:56", "end": "00:08:00", "text": "time. out to small people for"}, {"start": "00:07:57", "end": "00:08:01", "text": "making this insane. Insane, man. Game of"}, {"start": "00:08:00", "end": "00:08:04", "text": "Thrones. I feel like we're in freaking"}, {"start": "00:08:01", "end": "00:08:06", "text": "Game of Thrones. What's happening? It's"}, {"start": "00:08:04", "end": "00:08:08", "text": "crazy. It's crazy, guys. So, currently"}, {"start": "00:08:06", "end": "00:08:10", "text": "we are seeing Vitalik saying we're"}, {"start": "00:08:08", "end": "00:08:11", "text": "building a stronger base. Let's see if"}, {"start": "00:08:10", "end": "00:08:13", "text": "we can trust Vitalic. Let me know, guys,"}, {"start": "00:08:11", "end": "00:08:17", "text": "if you trust Vitalic. Man, let me watch"}, {"start": "00:08:13", "end": "00:08:17", "text": "this again. Let me watch this again."}, {"start": "00:08:17", "end": "00:08:25", "text": "Vitalic, is it finally Ethereum's time?"}, {"start": "00:08:22", "end": "00:08:25", "text": ">> Any minute now."}, {"start": "00:08:27", "end": "00:08:33", "text": ">> You said that last time."}, {"start": "00:08:30", "end": "00:08:37", "text": ">> We're building a stronger base."}, {"start": "00:08:33", "end": "00:08:37", "text": ">> The base is getting further away."}, {"start": "00:08:38", "end": "00:08:42", "text": ">> We're still early."}, {"start": "00:08:39", "end": "00:08:43", "text": ">> We're still early. Yeah. Amen. Amen. I"}, {"start": "00:08:42", "end": "00:08:45", "text": "Let's Let's leave that. Fantastic."}, {"start": "00:08:43", "end": "00:08:47", "text": "Fantastic. Big shout to small peep who"}, {"start": "00:08:45", "end": "00:08:50", "text": "is creating this insane insane"}, {"start": "00:08:47", "end": "00:08:53", "text": "adventures where Bit Boy and I we are"}, {"start": "00:08:50", "end": "00:08:56", "text": "closing we are we are saving we're"}, {"start": "00:08:53", "end": "00:08:58", "text": "saving the cryptosphere the crypto space"}, {"start": "00:08:56", "end": "00:09:00", "text": "one epic battle at a time. So that's"}, {"start": "00:08:58", "end": "00:09:02", "text": "that. Guys, look here. Two weeks into"}, {"start": "00:09:00", "end": "00:09:04", "text": "September. The crowd that has been"}, {"start": "00:09:02", "end": "00:09:06", "text": "calling for a bottom in October is still"}, {"start": "00:09:04", "end": "00:09:08", "text": "sideline. Guys, what what will happen in"}, {"start": "00:09:06", "end": "00:09:10", "text": "two weeks? Okay, a big question to all"}, {"start": "00:09:08", "end": "00:09:13", "text": "of you. What's going to happen in two"}, {"start": "00:09:10", "end": "00:09:16", "text": "weeks when the four-year cyclists are"}, {"start": "00:09:13", "end": "00:09:18", "text": "going to now be in their fouryear uh uh"}, {"start": "00:09:16", "end": "00:09:19", "text": "at their four-year mark? As you know, we"}, {"start": "00:09:18", "end": "00:09:22", "text": "are not really the four-year cyclist. We"}, {"start": "00:09:19", "end": "00:09:24", "text": "are trend followers. And so in October,"}, {"start": "00:09:22", "end": "00:09:25", "text": "we went risk off. Why? Because the trend"}, {"start": "00:09:24", "end": "00:09:28", "text": "turned. And the same thing is now we're"}, {"start": "00:09:25", "end": "00:09:30", "text": "risk, but for two reasons. Number one,"}, {"start": "00:09:28", "end": "00:09:32", "text": "when our 200E moving average within the"}, {"start": "00:09:30", "end": "00:09:35", "text": "buy zone, which we've been yelling about"}, {"start": "00:09:32", "end": "00:09:37", "text": "for ages, we are bullish. We're bullish"}, {"start": "00:09:35", "end": "00:09:39", "text": "within the buy zone and especially here"}, {"start": "00:09:37", "end": "00:09:40", "text": "in the white line, you see the 200"}, {"start": "00:09:39", "end": "00:09:42", "text": "moving average. And now we're also"}, {"start": "00:09:40", "end": "00:09:44", "text": "bullish on the money line weekly. So"}, {"start": "00:09:42", "end": "00:09:46", "text": "we're not following the for cycle exact"}, {"start": "00:09:44", "end": "00:09:48", "text": "because we have our own strategy. We are"}, {"start": "00:09:46", "end": "00:09:50", "text": "independent thinkers and we have here a"}, {"start": "00:09:48", "end": "00:09:52", "text": "strategy that works on any asset on"}, {"start": "00:09:50", "end": "00:09:55", "text": "crypto, not crypto, whatever. Okay? And"}, {"start": "00:09:52", "end": "00:09:57", "text": "so there are many people who are waiting"}, {"start": "00:09:55", "end": "00:10:00", "text": "for their alarm clock, for their"}, {"start": "00:09:57", "end": "00:10:01", "text": "four-year cycle alarm clock to wake up."}, {"start": "00:10:00", "end": "00:10:03", "text": "Okay? And that's going to be massive"}, {"start": "00:10:01", "end": "00:10:04", "text": "because they're silent now. They're"}, {"start": "00:10:03", "end": "00:10:07", "text": "waiting for October. They're waiting for"}, {"start": "00:10:04", "end": "00:10:08", "text": "October. They did not buy around the 200"}, {"start": "00:10:07", "end": "00:10:10", "text": "week. They did not buy now when we flip"}, {"start": "00:10:08", "end": "00:10:12", "text": "bullish. They're waiting and waiting and"}, {"start": "00:10:10", "end": "00:10:15", "text": "waiting and waiting for October. Holy"}, {"start": "00:10:12", "end": "00:10:18", "text": "crap. Once October alarm clock rings for"}, {"start": "00:10:15", "end": "00:10:20", "text": "them, the fouryear cyclists are all in"}, {"start": "00:10:18", "end": "00:10:22", "text": "Valhalla. Valhalla, Valhalla, Valhalla."}, {"start": "00:10:20", "end": "00:10:24", "text": "And guys, very, very important. If you"}, {"start": "00:10:22", "end": "00:10:27", "text": "use the link in description to subscribe"}, {"start": "00:10:24", "end": "00:10:29", "text": "for our newsletter is fully fully free."}, {"start": "00:10:27", "end": "00:10:32", "text": "You will be following along throughout"}, {"start": "00:10:29", "end": "00:10:35", "text": "this bull and the coming bear cycle with"}, {"start": "00:10:32", "end": "00:10:37", "text": "us. So you're not left holding the bag"}, {"start": "00:10:35", "end": "00:10:39", "text": "in the wrong place. It's fully free"}, {"start": "00:10:37", "end": "00:10:42", "text": "newsletter. Use the link in description."}, {"start": "00:10:39", "end": "00:10:44", "text": "I think it's the second link that u we"}, {"start": "00:10:42", "end": "00:10:46", "text": "provide. It's fully free. On August 4th"}, {"start": "00:10:44", "end": "00:10:47", "text": "we said to be bullish in October. We"}, {"start": "00:10:46", "end": "00:10:48", "text": "said to be bearish. I mean this is like"}, {"start": "00:10:47", "end": "00:10:51", "text": "free newsletter. It's it's insane. It's"}, {"start": "00:10:48", "end": "00:10:52", "text": "amazing amazing value. And also we stay"}, {"start": "00:10:51", "end": "00:10:54", "text": "in touch in case YouTube does not"}, {"start": "00:10:52", "end": "00:10:56", "text": "recommend the channel to you. We will"}, {"start": "00:10:54", "end": "00:10:58", "text": "always be here in touch. So do that. And"}, {"start": "00:10:56", "end": "00:11:01", "text": "then also the first link of description"}, {"start": "00:10:58", "end": "00:11:04", "text": "you have kalshi which is the first ever"}, {"start": "00:11:01", "end": "00:11:08", "text": "perpetual platform for us. If you are a"}, {"start": "00:11:04", "end": "00:11:11", "text": "US client, US person, US citizen. Kalshi"}, {"start": "00:11:08", "end": "00:11:14", "text": "is where you trade with leverage. It's"}, {"start": "00:11:11", "end": "00:11:16", "text": "like buy bit for us or weeks for us for"}, {"start": "00:11:14", "end": "00:11:18", "text": "the first time. You finally have a fully"}, {"start": "00:11:16", "end": "00:11:20", "text": "regulated platform. If you use our link,"}, {"start": "00:11:18", "end": "00:11:23", "text": "first link in description, you get"}, {"start": "00:11:20", "end": "00:11:27", "text": "number one signup bonus. Number two, you"}, {"start": "00:11:23", "end": "00:11:30", "text": "get what? You get 90% lower fees when"}, {"start": "00:11:27", "end": "00:11:32", "text": "your volume is higher than 100k. Okay?"}, {"start": "00:11:30", "end": "00:11:35", "text": "When your total volume, so let's say you"}, {"start": "00:11:32", "end": "00:11:37", "text": "put in $1,000, you go if you go 10x,"}, {"start": "00:11:35", "end": "00:11:39", "text": "that's going to create a volume of 10k."}, {"start": "00:11:37", "end": "00:11:40", "text": "Like as a just calculation example, I'm"}, {"start": "00:11:39", "end": "00:11:42", "text": "not saying you should do it, just"}, {"start": "00:11:40", "end": "00:11:44", "text": "calculation example. So volume is"}, {"start": "00:11:42", "end": "00:11:48", "text": "including the leverage. Once you hit"}, {"start": "00:11:44", "end": "00:11:50", "text": "100K volume, your fees drop, boop, 90%."}, {"start": "00:11:48", "end": "00:11:51", "text": "So use the link below as soon as"}, {"start": "00:11:50", "end": "00:11:52", "text": "possible. I don't know how long this"}, {"start": "00:11:51", "end": "00:11:54", "text": "deal is going to be there, but right now"}, {"start": "00:11:52", "end": "00:11:55", "text": "there is this deal. If you use the link"}, {"start": "00:11:54", "end": "00:11:57", "text": "below, first link in description, you"}, {"start": "00:11:55", "end": "00:11:59", "text": "sign up for Kali, all the tax documents"}, {"start": "00:11:57", "end": "00:12:01", "text": "for the US people is going to be"}, {"start": "00:11:59", "end": "00:12:02", "text": "generated automatically. If you are US"}, {"start": "00:12:01", "end": "00:12:04", "text": "person, you're worried about taxes, here"}, {"start": "00:12:02", "end": "00:12:07", "text": "is going to be all automatic generated"}, {"start": "00:12:04", "end": "00:12:10", "text": "for you. Fully regulated first perpetual"}, {"start": "00:12:07", "end": "00:12:12", "text": "platform for US clients. And if you're"}, {"start": "00:12:10", "end": "00:12:14", "text": "non US, guess what? You can also use it."}, {"start": "00:12:12", "end": "00:12:16", "text": "US, non US, you can use you can use it."}, {"start": "00:12:14", "end": "00:12:18", "text": "Kchi number one and for other exchanges"}, {"start": "00:12:16", "end": "00:12:20", "text": "go to bullmay.com/partners."}, {"start": "00:12:18", "end": "00:12:22", "text": "It's like a link below also exchanges I"}, {"start": "00:12:20", "end": "00:12:23", "text": "use. We have a lot here guys. I mean we"}, {"start": "00:12:22", "end": "00:12:25", "text": "have a lot. We negotiate with all"}, {"start": "00:12:23", "end": "00:12:27", "text": "exchanges. We have Pionex for the bots."}, {"start": "00:12:25", "end": "00:12:29", "text": "By the way, if you click here, copy my"}, {"start": "00:12:27", "end": "00:12:31", "text": "bots. Uh you you have now uh the new"}, {"start": "00:12:29", "end": "00:12:33", "text": "ones that we open. We have a short-term"}, {"start": "00:12:31", "end": "00:12:35", "text": "short on Bitcoin. We have BNB doing very"}, {"start": "00:12:33", "end": "00:12:36", "text": "very well. So if you want to open up"}, {"start": "00:12:35", "end": "00:12:39", "text": "some Pionex bots, then go to"}, {"start": "00:12:36", "end": "00:12:42", "text": "bull.com/partners, copy my bots. You can"}, {"start": "00:12:39", "end": "00:12:44", "text": "also watch the tutorial Khi FOMO app buy"}, {"start": "00:12:42", "end": "00:12:46", "text": "I mean everything everything get the"}, {"start": "00:12:44", "end": "00:12:48", "text": "freaking bonuses because now bull market"}, {"start": "00:12:46", "end": "00:12:49", "text": "is starting they want all these"}, {"start": "00:12:48", "end": "00:12:52", "text": "exchanges they want clients they want"}, {"start": "00:12:49", "end": "00:12:54", "text": "clients back after the bear and that's"}, {"start": "00:12:52", "end": "00:12:56", "text": "why they have extra extra extra generous"}, {"start": "00:12:54", "end": "00:12:59", "text": "bonus extra extra extra so use the links"}, {"start": "00:12:56", "end": "00:13:02", "text": "go nuts right now moving on look here"}, {"start": "00:12:59", "end": "00:13:05", "text": "the longer we hold up here around 77 the"}, {"start": "00:13:02", "end": "00:13:08", "text": "better the chance is for us to run to"}, {"start": "00:13:05", "end": "00:13:10", "text": "100k fantastic I agree there uh Now"}, {"start": "00:13:08", "end": "00:13:13", "text": "looking at the overall ecosystem guys,"}, {"start": "00:13:10", "end": "00:13:15", "text": "you have a big problem if you use"}, {"start": "00:13:13", "end": "00:13:17", "text": "Revolute. Big big problem. You probably"}, {"start": "00:13:15", "end": "00:13:22", "text": "have heard it, but Revolute basically"}, {"start": "00:13:17", "end": "00:13:25", "text": "gave all their clients or at least a big"}, {"start": "00:13:22", "end": "00:13:29", "text": "part a big part of their clients uh they"}, {"start": "00:13:25", "end": "00:13:31", "text": "gave all the data including selfie,"}, {"start": "00:13:29", "end": "00:13:34", "text": "including passport like all the data"}, {"start": "00:13:31", "end": "00:13:36", "text": "they had they gave to an impersonator."}, {"start": "00:13:34", "end": "00:13:38", "text": "The impersonator basically emailed"}, {"start": "00:13:36", "end": "00:13:40", "text": "Revolute saying that he is from the"}, {"start": "00:13:38", "end": "00:13:43", "text": "government."}, {"start": "00:13:40", "end": "00:13:44", "text": "This is how dumb it is. The impersonator"}, {"start": "00:13:43", "end": "00:13:47", "text": "just emailed, \"Hey guys, I'm from the"}, {"start": "00:13:44", "end": "00:13:50", "text": "government. Give me data about all your"}, {"start": "00:13:47", "end": "00:13:54", "text": "clients and we're going to check it.\""}, {"start": "00:13:50", "end": "00:13:56", "text": "Somehow the impersonator could uh get"}, {"start": "00:13:54", "end": "00:13:58", "text": "access to a government uh email domain."}, {"start": "00:13:56", "end": "00:14:01", "text": "And what's interesting here is that"}, {"start": "00:13:58", "end": "00:14:03", "text": "Revolute gives all the information about"}, {"start": "00:14:01", "end": "00:14:04", "text": "their clients to any guy that emails"}, {"start": "00:14:03", "end": "00:14:07", "text": "from a government domain. I mean, you"}, {"start": "00:14:04", "end": "00:14:10", "text": "can literally be a freaking janitor uh"}, {"start": "00:14:07", "end": "00:14:12", "text": "cleaning your uh you know, municipality"}, {"start": "00:14:10", "end": "00:14:14", "text": "house. You probably have a government"}, {"start": "00:14:12", "end": "00:14:16", "text": "domain. You can be like some low-level"}, {"start": "00:14:14", "end": "00:14:18", "text": "admin boy like we've been discussing. We"}, {"start": "00:14:16", "end": "00:14:20", "text": "need the T-boy here who puts me tea on"}, {"start": "00:14:18", "end": "00:14:23", "text": "the hour every hour. Probably even the"}, {"start": "00:14:20", "end": "00:14:25", "text": "T-boy has a government domain. You"}, {"start": "00:14:23", "end": "00:14:28", "text": "understand? You can be some lowlevel ass"}, {"start": "00:14:25", "end": "00:14:30", "text": "politician somewhere you will be getting"}, {"start": "00:14:28", "end": "00:14:32", "text": "a government some local ass politician."}, {"start": "00:14:30", "end": "00:14:34", "text": "Okay. So there are a million ways to get"}, {"start": "00:14:32", "end": "00:14:37", "text": "a government domain. Literally a million"}, {"start": "00:14:34", "end": "00:14:39", "text": "ways. So also how many countries there"}, {"start": "00:14:37", "end": "00:14:42", "text": "are and in some countries you know if"}, {"start": "00:14:39", "end": "00:14:45", "text": "you get some monos daos some shekel some"}, {"start": "00:14:42", "end": "00:14:47", "text": "dollars to someone of you know many"}, {"start": "00:14:45", "end": "00:14:49", "text": "countries they have you know they they"}, {"start": "00:14:47", "end": "00:14:51", "text": "earn like $2 per hour and some guy in"}, {"start": "00:14:49", "end": "00:14:53", "text": "the government earning you know $1 per"}, {"start": "00:14:51", "end": "00:14:55", "text": "per hour. What I mean you can do getting"}, {"start": "00:14:53", "end": "00:14:57", "text": "government domain guys if you really"}, {"start": "00:14:55", "end": "00:14:58", "text": "want if you really want you can be"}, {"start": "00:14:57", "end": "00:15:01", "text": "creative you can get it man you can get"}, {"start": "00:14:58", "end": "00:15:02", "text": "it you can get access maybe borrow maybe"}, {"start": "00:15:01", "end": "00:15:04", "text": "you know some guy forgets to log out"}, {"start": "00:15:02", "end": "00:15:06", "text": "when he goes home and you are there"}, {"start": "00:15:04", "end": "00:15:08", "text": "cleaning his office you boop anyway"}, {"start": "00:15:06", "end": "00:15:11", "text": "there are many ways to get government"}, {"start": "00:15:08", "end": "00:15:16", "text": "domain so the guy emails revolute he"}, {"start": "00:15:11", "end": "00:15:20", "text": "says guys I am from the government"}, {"start": "00:15:16", "end": "00:15:22", "text": "give me all your information about all"}, {"start": "00:15:20", "end": "00:15:24", "text": "the customers what Does Revolute do?"}, {"start": "00:15:22", "end": "00:15:25", "text": "They just send it all. Literally, they"}, {"start": "00:15:24", "end": "00:15:27", "text": "just send it all. You don't even need"}, {"start": "00:15:25", "end": "00:15:31", "text": "their a court order. This is the level"}, {"start": "00:15:27", "end": "00:15:33", "text": "of insanity in the KYC space. Like the"}, {"start": "00:15:31", "end": "00:15:37", "text": "world is overly complying. The world is"}, {"start": "00:15:33", "end": "00:15:39", "text": "overly KYCing to such an extent where"}, {"start": "00:15:37", "end": "00:15:42", "text": "you see that they they they just comply."}, {"start": "00:15:39", "end": "00:15:45", "text": "They they doesn't use your brain their"}, {"start": "00:15:42", "end": "00:15:47", "text": "brain. They just comply. Comply comply"}, {"start": "00:15:45", "end": "00:15:51", "text": "comply. anything that looks mega uh"}, {"start": "00:15:47", "end": "00:15:54", "text": "sorry not mega slightly slightly legit"}, {"start": "00:15:51", "end": "00:15:55", "text": "they mega overcomply. So instead they"}, {"start": "00:15:54", "end": "00:15:58", "text": "should be using their brain. They should"}, {"start": "00:15:55", "end": "00:16:01", "text": "be demanding court order. I mean without"}, {"start": "00:15:58", "end": "00:16:03", "text": "court order. How can you give out"}, {"start": "00:16:01", "end": "00:16:06", "text": "customer information? How can you do it?"}, {"start": "00:16:03", "end": "00:16:08", "text": "So anyway uh this guy uh got all the"}, {"start": "00:16:06", "end": "00:16:10", "text": "info and he got info about famous"}, {"start": "00:16:08", "end": "00:16:12", "text": "people. Like for example this guy, this"}, {"start": "00:16:10", "end": "00:16:14", "text": "guy right here, Felix Romer, you can"}, {"start": "00:16:12", "end": "00:16:16", "text": "check him out on X. I mean he's"}, {"start": "00:16:14", "end": "00:16:18", "text": "literally the you know one of the"}, {"start": "00:16:16", "end": "00:16:21", "text": "founders of a of a cryptocasino. Okay."}, {"start": "00:16:18", "end": "00:16:23", "text": "Uh and yeah, his info is Yeah. It's"}, {"start": "00:16:21", "end": "00:16:26", "text": "here. It's there. is p it's public. So"}, {"start": "00:16:23", "end": "00:16:27", "text": "all in all guys be very careful with"}, {"start": "00:16:26", "end": "00:16:30", "text": "this kind of stuff. Uh I don't know what"}, {"start": "00:16:27", "end": "00:16:33", "text": "the solution is because at the end of"}, {"start": "00:16:30", "end": "00:16:34", "text": "the day uh it's uh yeah I mean what do"}, {"start": "00:16:33", "end": "00:16:36", "text": "you do? What do you do? But just know"}, {"start": "00:16:34", "end": "00:16:39", "text": "that there is a bit of an issue here"}, {"start": "00:16:36", "end": "00:16:40", "text": "with the with the yeah with the"}, {"start": "00:16:39", "end": "00:16:43", "text": "revolute. Okay. If you have revolute you"}, {"start": "00:16:40", "end": "00:16:45", "text": "have to be very careful. Um email them"}, {"start": "00:16:43", "end": "00:16:46", "text": "see if your data is leaked because then"}, {"start": "00:16:45", "end": "00:16:48", "text": "you can take action. Very very"}, {"start": "00:16:46", "end": "00:16:49", "text": "important. Someone asked what kind of"}, {"start": "00:16:48", "end": "00:16:52", "text": "watch is that? I actually have a video"}, {"start": "00:16:49", "end": "00:16:55", "text": "on it. go to my channel and check the"}, {"start": "00:16:52", "end": "00:16:57", "text": "video about this uh uh Daytona Tiffany."}, {"start": "00:16:55", "end": "00:16:58", "text": "Daytona Tiffany. I made a whole video"}, {"start": "00:16:57", "end": "00:17:00", "text": "about it. I made a whole video about it."}, {"start": "00:16:58", "end": "00:17:03", "text": "It's very very nice. I mean, it's like,"}, {"start": "00:17:00", "end": "00:17:05", "text": "you know, in each country, they get a"}, {"start": "00:17:03", "end": "00:17:07", "text": "location, you know, maybe a few of them."}, {"start": "00:17:05", "end": "00:17:10", "text": "Maybe a few of them. It's uh it's one of"}, {"start": "00:17:07", "end": "00:17:11", "text": "the rarest they told us. Uh anyway, but"}, {"start": "00:17:10", "end": "00:17:12", "text": "I I love it. It looks so nice. It's"}, {"start": "00:17:11", "end": "00:17:13", "text": "fantastic. I have a whole video on you"}, {"start": "00:17:12", "end": "00:17:15", "text": "can watch it. You can watch. You can"}, {"start": "00:17:13", "end": "00:17:18", "text": "watch it. So, guys, yeah, revolute be"}, {"start": "00:17:15", "end": "00:17:20", "text": "extremely careful. Extremely careful. So"}, {"start": "00:17:18", "end": "00:17:22", "text": "all your data may be out there and yeah"}, {"start": "00:17:20", "end": "00:17:26", "text": "that's that guys. Moving on. Robin Hood"}, {"start": "00:17:22", "end": "00:17:28", "text": "uh as you know big big big big"}, {"start": "00:17:26", "end": "00:17:30", "text": "uh narrative with all of the stocks."}, {"start": "00:17:28", "end": "00:17:32", "text": "They have a lot of stocks and I'm here"}, {"start": "00:17:30", "end": "00:17:34", "text": "to share with you another narrative."}, {"start": "00:17:32", "end": "00:17:37", "text": "Actually one of you guys asked me about"}, {"start": "00:17:34", "end": "00:17:41", "text": "it on uh Friday or on Thursday about the"}, {"start": "00:17:37", "end": "00:17:45", "text": "CME CME token on Robin Hood. Uh and this"}, {"start": "00:17:41", "end": "00:17:48", "text": "is the new uh meta you could say where"}, {"start": "00:17:45", "end": "00:17:51", "text": "instead of doing memes pulled with"}, {"start": "00:17:48", "end": "00:17:53", "text": "stocks now on Robin Hood there is a new"}, {"start": "00:17:51", "end": "00:17:55", "text": "meta not that big yet but it is up and"}, {"start": "00:17:53", "end": "00:17:57", "text": "coming"}, {"start": "00:17:55", "end": "00:17:59", "text": "um and that's with the with the"}, {"start": "00:17:57", "end": "00:18:02", "text": "commodities and it's not only you know"}, {"start": "00:17:59", "end": "00:18:05", "text": "gold and the T bills it's also like"}, {"start": "00:18:02", "end": "00:18:07", "text": "bigax and stuff let me show let me share"}, {"start": "00:18:05", "end": "00:18:09", "text": "with you so token I stocks on Robin Hood"}, {"start": "00:18:07", "end": "00:18:11", "text": "got the attention and the launchpad"}, {"start": "00:18:09", "end": "00:18:12", "text": "energy so all of the memes on Robin Hood"}, {"start": "00:18:11", "end": "00:18:15", "text": "now that are big. They're all pulled"}, {"start": "00:18:12", "end": "00:18:17", "text": "with uh stocks with tokenized stocks."}, {"start": "00:18:15", "end": "00:18:20", "text": "Last week we discussed at length why"}, {"start": "00:18:17", "end": "00:18:22", "text": "it's interesting how demand in memes can"}, {"start": "00:18:20", "end": "00:18:26", "text": "literally create short squeeze in the"}, {"start": "00:18:22", "end": "00:18:29", "text": "actual stocks on the stock exchange."}, {"start": "00:18:26", "end": "00:18:32", "text": "And so the next open field people are"}, {"start": "00:18:29", "end": "00:18:34", "text": "pointing at is the commodities. The"}, {"start": "00:18:32", "end": "00:18:38", "text": "commodities and novel pairing. So for"}, {"start": "00:18:34", "end": "00:18:42", "text": "example, you have this CME. CME is a"}, {"start": "00:18:38", "end": "00:18:45", "text": "memecoin launchpad on Robin Hood. Okay."}, {"start": "00:18:42", "end": "00:18:47", "text": "And so the way it works is that they"}, {"start": "00:18:45", "end": "00:18:50", "text": "when you launch a meme on CME, you pair"}, {"start": "00:18:47", "end": "00:18:52", "text": "it not with stock but with different"}, {"start": "00:18:50", "end": "00:18:54", "text": "commodities and it's not only the boring"}, {"start": "00:18:52", "end": "00:18:56", "text": "ones like you know gold or T bill also"}, {"start": "00:18:54", "end": "00:19:00", "text": "you can pair it with like Big Mac. Okay,"}, {"start": "00:18:56", "end": "00:19:01", "text": "let me explain to you. So um a commodity"}, {"start": "00:19:00", "end": "00:19:04", "text": "pair launchpad on Robin Hood it is the"}, {"start": "00:19:01", "end": "00:19:06", "text": "CME guys. Then you have um RWL"}, {"start": "00:19:04", "end": "00:19:08", "text": "marketplace terminal uh terminal this"}, {"start": "00:19:06", "end": "00:19:11", "text": "Prisma assets on Robin Hood as well for"}, {"start": "00:19:08", "end": "00:19:14", "text": "the different um commodities and you"}, {"start": "00:19:11", "end": "00:19:15", "text": "also most importantly you need a chain"}, {"start": "00:19:14", "end": "00:19:18", "text": "link here. So maybe you chain link fans"}, {"start": "00:19:15", "end": "00:19:21", "text": "can get a bit excited but chain link is"}, {"start": "00:19:18", "end": "00:19:24", "text": "used for the uh prices of commodities."}, {"start": "00:19:21", "end": "00:19:27", "text": "So while the memes paired with stocks uh"}, {"start": "00:19:24", "end": "00:19:28", "text": "are paired with stock tokens that are"}, {"start": "00:19:27", "end": "00:19:31", "text": "backed one to one here it is more or"}, {"start": "00:19:28", "end": "00:19:33", "text": "less like a contract where where memes"}, {"start": "00:19:31", "end": "00:19:35", "text": "are paired with commodities but just as"}, {"start": "00:19:33", "end": "00:19:38", "text": "a contract just like a price feed not"}, {"start": "00:19:35", "end": "00:19:41", "text": "actual commodities. So uh why people say"}, {"start": "00:19:38", "end": "00:19:44", "text": "stock tokens are done and RWAS are next"}, {"start": "00:19:41", "end": "00:19:47", "text": "Robin Hood chains RA growth is real in"}, {"start": "00:19:44", "end": "00:19:49", "text": "the data token terminal has it in the"}, {"start": "00:19:47", "end": "00:19:51", "text": "top three chains but by RWA you can read"}, {"start": "00:19:49", "end": "00:19:54", "text": "here and so the angle here is that the"}, {"start": "00:19:51", "end": "00:19:56", "text": "equities got the first wave of onchain"}, {"start": "00:19:54", "end": "00:20:00", "text": "rappers and meme launch launch launch"}, {"start": "00:19:56", "end": "00:20:04", "text": "energy and then now you have the uh the"}, {"start": "00:20:00", "end": "00:20:07", "text": "yeah other kind of real world assets. So"}, {"start": "00:20:04", "end": "00:20:10", "text": "now we speak about this uh uh CME. CME"}, {"start": "00:20:07", "end": "00:20:12", "text": "is the new launchpad that launched and"}, {"start": "00:20:10", "end": "00:20:15", "text": "the way it works is that you can now"}, {"start": "00:20:12", "end": "00:20:19", "text": "create memes paired with gold, corn,"}, {"start": "00:20:15", "end": "00:20:23", "text": "oil, cattle, cattle, but also with uh"}, {"start": "00:20:19", "end": "00:20:27", "text": "CS2 skins, Counter Strike skins, Big Mac"}, {"start": "00:20:23", "end": "00:20:28", "text": "cars, even joke street price indexes."}, {"start": "00:20:27", "end": "00:20:29", "text": "Pricing is synthetic oracle driven. So"}, {"start": "00:20:28", "end": "00:20:31", "text": "here is very important. It's a big"}, {"start": "00:20:29", "end": "00:20:33", "text": "difference. It's not a backed by"}, {"start": "00:20:31", "end": "00:20:34", "text": "anything. It's more of a oracle driven."}, {"start": "00:20:33", "end": "00:20:36", "text": "And then you basically have a contract"}, {"start": "00:20:34", "end": "00:20:37", "text": "on chain which is fair. I mean it's it's"}, {"start": "00:20:36", "end": "00:20:39", "text": "it's a it's a valid way to do it but you"}, {"start": "00:20:37", "end": "00:20:41", "text": "should know the difference. So it's not"}, {"start": "00:20:39", "end": "00:20:44", "text": "we hold a a vault of physical uh"}, {"start": "00:20:41", "end": "00:20:47", "text": "physical uh crack or wheat the way Robin"}, {"start": "00:20:44", "end": "00:20:49", "text": "Hood style stock tokens claim Cyback. So"}, {"start": "00:20:47", "end": "00:20:51", "text": "yeah stocks they are backed by real"}, {"start": "00:20:49", "end": "00:20:54", "text": "stocks on Robin Hood these things is"}, {"start": "00:20:51", "end": "00:20:56", "text": "more of an oracle price feed. So that"}, {"start": "00:20:54", "end": "00:20:58", "text": "decision is the whole point of the meta"}, {"start": "00:20:56", "end": "00:21:00", "text": "debate. So you can read here what kind"}, {"start": "00:20:58", "end": "00:21:02", "text": "of people are discussing it because"}, {"start": "00:21:00", "end": "00:21:04", "text": "again without bullmania AI it's very"}, {"start": "00:21:02", "end": "00:21:05", "text": "hard for you to understand it but with"}, {"start": "00:21:04", "end": "00:21:07", "text": "bullman AI you instantly have an"}, {"start": "00:21:05", "end": "00:21:08", "text": "overview of everything. So this guy is"}, {"start": "00:21:07", "end": "00:21:10", "text": "saying you can now pair mecoin with a"}, {"start": "00:21:08", "end": "00:21:11", "text": "car. That's not a joke. Someone built a"}, {"start": "00:21:10", "end": "00:21:13", "text": "launch pad on Robin Hood where your"}, {"start": "00:21:11", "end": "00:21:16", "text": "memecoin gets priced against a commodity"}, {"start": "00:21:13", "end": "00:21:18", "text": "in instead of a crypto or stock. What"}, {"start": "00:21:16", "end": "00:21:21", "text": "counts as commodity on this platform is"}, {"start": "00:21:18", "end": "00:21:23", "text": "gold, corn, crude oil, big mac, burger,"}, {"start": "00:21:21", "end": "00:21:26", "text": "lamorg, genie, teargo,"}, {"start": "00:21:23", "end": "00:21:28", "text": "CS2 dragon lore skin. Is it construct?"}, {"start": "00:21:26", "end": "00:21:30", "text": "It's construct, right? Construct. Yeah,"}, {"start": "00:21:28", "end": "00:21:31", "text": "CS2 dragon lore. But they have dragons"}, {"start": "00:21:30", "end": "00:21:33", "text": "there, man. I don't play Construct. I"}, {"start": "00:21:31", "end": "00:21:35", "text": "don't like Construct. I like Runescape."}, {"start": "00:21:33", "end": "00:21:38", "text": "I like Starcraft. Counterstrike is this"}, {"start": "00:21:35", "end": "00:21:40", "text": "you know debil kind of kid who is"}, {"start": "00:21:38", "end": "00:21:42", "text": "playing you know shooter. I never liked"}, {"start": "00:21:40", "end": "00:21:43", "text": "shooter. Shooter is so debil you know"}, {"start": "00:21:42", "end": "00:21:45", "text": "you boom boom boom shooting shooting."}, {"start": "00:21:43", "end": "00:21:47", "text": "You have to be fast shooting shooting."}, {"start": "00:21:45", "end": "00:21:48", "text": "What is this Runescape? You have to use"}, {"start": "00:21:47", "end": "00:21:50", "text": "brain. You have to learn English. You"}, {"start": "00:21:48", "end": "00:21:52", "text": "have to learn English. You have to be"}, {"start": "00:21:50", "end": "00:21:54", "text": "smart. I was playing Runescape."}, {"start": "00:21:52", "end": "00:21:56", "text": "Starcraft the same thing. It's strategy."}, {"start": "00:21:54", "end": "00:21:58", "text": "You move guys. You invest the economy."}, {"start": "00:21:56", "end": "00:22:00", "text": "You have to do riskreward. Army versus"}, {"start": "00:21:58", "end": "00:22:02", "text": "economy. Long-term short-term. How to"}, {"start": "00:22:00", "end": "00:22:04", "text": "attack? How to do scouting. It's using"}, {"start": "00:22:02", "end": "00:22:06", "text": "the brain. Counter strike. I never liked"}, {"start": "00:22:04", "end": "00:22:07", "text": "guys. It's it's it's the bill kind of"}, {"start": "00:22:06", "end": "00:22:08", "text": "kids playing that. Let me know if you"}, {"start": "00:22:07", "end": "00:22:09", "text": "play it. It's okay. It's okay. It's"}, {"start": "00:22:08", "end": "00:22:11", "text": "okay. But just know you should have"}, {"start": "00:22:09", "end": "00:22:12", "text": "played more, you know, Runescape, maybe"}, {"start": "00:22:11", "end": "00:22:13", "text": "World of Warcraft. Okay, also let me"}, {"start": "00:22:12", "end": "00:22:16", "text": "know, guys. Let me know. But anyway, so"}, {"start": "00:22:13", "end": "00:22:20", "text": "now you can do meme with your the bill"}, {"start": "00:22:16", "end": "00:22:23", "text": "ass skins in into"}, {"start": "00:22:20", "end": "00:22:27", "text": "the country, right? Amazon furniture."}, {"start": "00:22:23", "end": "00:22:29", "text": "You can do Amazon furniture. SKU. Okay."}, {"start": "00:22:27", "end": "00:22:33", "text": "Like the actual product. Yeah. Okay."}, {"start": "00:22:29", "end": "00:22:35", "text": "Street street. Uh yeah. Uh you can see"}, {"start": "00:22:33", "end": "00:22:37", "text": "here um OSRS. See this is good."}, {"start": "00:22:35", "end": "00:22:40", "text": "Runescape. Runescape gold. You can pair"}, {"start": "00:22:37", "end": "00:22:42", "text": "it with Runescape Gold. If your meme is"}, {"start": "00:22:40", "end": "00:22:43", "text": "corn paired, you earn corn fees every 15"}, {"start": "00:22:42", "end": "00:22:45", "text": "minutes. That's interesting."}, {"start": "00:22:43", "end": "00:22:49", "text": "Automatically in the commodity itself,"}, {"start": "00:22:45", "end": "00:22:50", "text": "220 synthetic commodity tokens. Uh, bam,"}, {"start": "00:22:49", "end": "00:22:53", "text": "bam, bam. You read it yourself on the"}, {"start": "00:22:50", "end": "00:22:56", "text": "screen right now. Yeah, I mean,"}, {"start": "00:22:53", "end": "00:22:59", "text": "interesting stuff. Uh, check it out."}, {"start": "00:22:56", "end": "00:23:01", "text": "Caveats. Caveats. Uh, you have the here"}, {"start": "00:22:59", "end": "00:23:04", "text": "CME is the same name as the CME group."}, {"start": "00:23:01", "end": "00:23:06", "text": "So, yeah, likely going to get sued."}, {"start": "00:23:04", "end": "00:23:08", "text": "A prism meta marketplace for every Oh"}, {"start": "00:23:06", "end": "00:23:11", "text": "yeah. So here's another one. So you have"}, {"start": "00:23:08", "end": "00:23:12", "text": "the CME and this is another one. This is"}, {"start": "00:23:11", "end": "00:23:15", "text": "marketplace for buying, selling and"}, {"start": "00:23:12", "end": "00:23:17", "text": "tokenizing real world assets with AI."}, {"start": "00:23:15", "end": "00:23:19", "text": "Okay, why not? Let's have AI for the"}, {"start": "00:23:17", "end": "00:23:20", "text": "sake of it. Let's have AI. So core"}, {"start": "00:23:19", "end": "00:23:25", "text": "thesis. Let's let's check this in real"}, {"start": "00:23:20", "end": "00:23:27", "text": "time as we are exploring this new crazy"}, {"start": "00:23:25", "end": "00:23:29", "text": "meta of the new bull market that is"}, {"start": "00:23:27", "end": "00:23:31", "text": "starting. So uh what is happening here?"}, {"start": "00:23:29", "end": "00:23:32", "text": "Uh the next big rotation may start with"}, {"start": "00:23:31", "end": "00:23:35", "text": "an asset nobody is talking about. And"}, {"start": "00:23:32", "end": "00:23:37", "text": "this guy is saying uh indeed 2,000 plus"}, {"start": "00:23:35", "end": "00:23:38", "text": "assets that nobody talks about are"}, {"start": "00:23:37", "end": "00:23:40", "text": "already live being traded on prism."}, {"start": "00:23:38", "end": "00:23:44", "text": "Nobody's talking about tokenized bonds,"}, {"start": "00:23:40", "end": "00:23:46", "text": "art, heavy metals, diamond, platinum, uh"}, {"start": "00:23:44", "end": "00:23:48", "text": "cobalt, nickel, yada yada yada. The"}, {"start": "00:23:46", "end": "00:23:50", "text": "kickstart of started with tokenized"}, {"start": "00:23:48", "end": "00:23:52", "text": "equities. But soon once liquidity is"}, {"start": "00:23:50", "end": "00:23:54", "text": "full and enough, people will realize"}, {"start": "00:23:52", "end": "00:23:56", "text": "rappers of an asset which anyone can buy"}, {"start": "00:23:54", "end": "00:23:59", "text": "less valuable than rappers of a novelty"}, {"start": "00:23:56", "end": "00:24:01", "text": "asset that you can't really own in real"}, {"start": "00:23:59", "end": "00:24:04", "text": "life. Uh so yeah, uh interesting stuff."}, {"start": "00:24:01", "end": "00:24:06", "text": "You can check here this prism thing."}, {"start": "00:24:04", "end": "00:24:09", "text": "Let's actually see how it uh I've not"}, {"start": "00:24:06", "end": "00:24:11", "text": "used uh any of this. But uh as an"}, {"start": "00:24:09", "end": "00:24:13", "text": "observer, let's see what what we we see"}, {"start": "00:24:11", "end": "00:24:15", "text": "here. Uh okay, show me around. Real"}, {"start": "00:24:13", "end": "00:24:17", "text": "world assets recorded onchain token. Let"}, {"start": "00:24:15", "end": "00:24:20", "text": "me know guys if we should be uh into"}, {"start": "00:24:17", "end": "00:24:22", "text": "this u uh and to be fair, we're super"}, {"start": "00:24:20", "end": "00:24:24", "text": "early here like discovering all this dig"}, {"start": "00:24:22", "end": "00:24:26", "text": "stuff. Uh so the marketplace. Okay, what"}, {"start": "00:24:24", "end": "00:24:28", "text": "is it? Every asset here is real. Verify"}, {"start": "00:24:26", "end": "00:24:30", "text": "token browse by yield. Oh yeah, so this"}, {"start": "00:24:28", "end": "00:24:33", "text": "is like a serious thing actually. Prism"}, {"start": "00:24:30", "end": "00:24:37", "text": "decks. Swap tokenized asset providers."}, {"start": "00:24:33", "end": "00:24:40", "text": "There you go. Uh, okay. Okay. Okay. Find"}, {"start": "00:24:37", "end": "00:24:42", "text": "anything fast. Trade live. Okay. Okay."}, {"start": "00:24:40", "end": "00:24:44", "text": "So, let's let's let's find Okay."}, {"start": "00:24:42", "end": "00:24:46", "text": "Ferrari. Ferrari. What's happening? What"}, {"start": "00:24:44", "end": "00:24:49", "text": "can I buy? Can I buy a car here? Rapper"}, {"start": "00:24:46", "end": "00:24:51", "text": "collectible. Okay. Okay. It's $1 for"}, {"start": "00:24:49", "end": "00:24:56", "text": "Ferrari. What is this crap? Okay. Okay."}, {"start": "00:24:51", "end": "00:24:57", "text": "Okay. Okay. Pers verific. See treasures."}, {"start": "00:24:56", "end": "00:25:01", "text": "Here you can get healed. There you go."}, {"start": "00:24:57", "end": "00:25:06", "text": "Gold. Newon Prism,"}, {"start": "00:25:01", "end": "00:25:09", "text": "Nvidia, Tesla, art. What is this? Some"}, {"start": "00:25:06", "end": "00:25:09", "text": "crap NFC."}, {"start": "00:25:10", "end": "00:25:15", "text": "So anyway, people take this kind of"}, {"start": "00:25:12", "end": "00:25:17", "text": "serious stuff, serious legit stuff, so"}, {"start": "00:25:15", "end": "00:25:20", "text": "to speak. And what do they do? What is"}, {"start": "00:25:17", "end": "00:25:22", "text": "this real token? Ah, okay. See, if you"}, {"start": "00:25:20", "end": "00:25:24", "text": "want to buy something in Detroit, you"}, {"start": "00:25:22", "end": "00:25:26", "text": "can buy this token in Detroit. Oh, yeah."}, {"start": "00:25:24", "end": "00:25:29", "text": "I guess that's why Ferrari is $1 because"}, {"start": "00:25:26", "end": "00:25:31", "text": "it's like tokenized, right?"}, {"start": "00:25:29", "end": "00:25:33", "text": "It's like $1 because they create like a"}, {"start": "00:25:31", "end": "00:25:34", "text": "million tokens or whatever. Could be"}, {"start": "00:25:33", "end": "00:25:38", "text": "that. But anyway, here here's another"}, {"start": "00:25:34", "end": "00:25:40", "text": "one. Uh you have"}, {"start": "00:25:38", "end": "00:25:43", "text": "guys, are you in Detroit? Because I can"}, {"start": "00:25:40", "end": "00:25:46", "text": "buy your house."}, {"start": "00:25:43", "end": "00:25:49", "text": "So anyway, serious stuff that gets"}, {"start": "00:25:46", "end": "00:25:50", "text": "paired with meme to pump it, I guess."}, {"start": "00:25:49", "end": "00:25:52", "text": "Yeah. I mean, let's see. It's"}, {"start": "00:25:50", "end": "00:25:54", "text": "interesting. It's interesting as a new"}, {"start": "00:25:52", "end": "00:25:55", "text": "idea, but the difference is that stocks"}, {"start": "00:25:54", "end": "00:25:58", "text": "actually pump a lot. I don't know how"}, {"start": "00:25:55", "end": "00:26:00", "text": "much like all of this you know bonds and"}, {"start": "00:25:58", "end": "00:26:02", "text": "stuff are going to pumpkinize copper and"}, {"start": "00:26:00", "end": "00:26:04", "text": "tokeniz durian coming soon and prism is"}, {"start": "00:26:02", "end": "00:26:07", "text": "this prism guy or what building pris"}, {"start": "00:26:04", "end": "00:26:11", "text": "okay let me follow this this hash hopes"}, {"start": "00:26:07", "end": "00:26:13", "text": "is prism guy this is part of the 161 not"}, {"start": "00:26:11", "end": "00:26:14", "text": "assets we're working on listing on prism"}, {"start": "00:26:13", "end": "00:26:16", "text": "I'm working tomorrow for prison for yada"}, {"start": "00:26:14", "end": "00:26:18", "text": "yada yada there you go there you go"}, {"start": "00:26:16", "end": "00:26:20", "text": "durian oh it's this freaking fruit that"}, {"start": "00:26:18", "end": "00:26:23", "text": "stinks yeah"}, {"start": "00:26:20", "end": "00:26:23", "text": "wait"}, {"start": "00:26:24", "end": "00:26:29", "text": "can I bite Jurian, it's not live yet."}, {"start": "00:26:26", "end": "00:26:31", "text": "Okay. Stokenize taking baskets. Baskets."}, {"start": "00:26:29", "end": "00:26:34", "text": "Baskets. What's happening? Basket. Give"}, {"start": "00:26:31", "end": "00:26:37", "text": "me basket. PG. All of this. Sovereign"}, {"start": "00:26:34", "end": "00:26:39", "text": "yield. I want the weird ass"}, {"start": "00:26:37", "end": "00:26:42", "text": "Magnificent five. Okay. Okay. Silicon."}, {"start": "00:26:39", "end": "00:26:44", "text": "Silicon. Tibil. Silver. Bam. Bam. Bam."}, {"start": "00:26:42", "end": "00:26:45", "text": "Broad market. Crypto. Okay. But I want"}, {"start": "00:26:44", "end": "00:26:47", "text": "the weird ass. I want the fruit, man. I"}, {"start": "00:26:45", "end": "00:26:50", "text": "want the fruit. Where? Where is the"}, {"start": "00:26:47", "end": "00:26:51", "text": "fruit? Premium radar. New listing. New"}, {"start": "00:26:50", "end": "00:26:54", "text": "listing. New listing. New listing. Let's"}, {"start": "00:26:51", "end": "00:26:59", "text": "go. New listing. Come on. the website"}, {"start": "00:26:54", "end": "00:27:00", "text": "works or it doesn't work here. So, uh"}, {"start": "00:26:59", "end": "00:27:02", "text": "yeah, but where is the new listing? This"}, {"start": "00:27:00", "end": "00:27:04", "text": "is not new listing. Anyway guys, you can"}, {"start": "00:27:02", "end": "00:27:07", "text": "explore more. I'm here to tell you about"}, {"start": "00:27:04", "end": "00:27:09", "text": "the uh the meta because the CME"}, {"start": "00:27:07", "end": "00:27:14", "text": "launchpad is taking all of this. They"}, {"start": "00:27:09", "end": "00:27:17", "text": "create meme. Okay. D by meme. Okay."}, {"start": "00:27:14", "end": "00:27:20", "text": "Uh so move from saturated X token into"}, {"start": "00:27:17", "end": "00:27:23", "text": "broader LBA CME launch on CME. Let's see"}, {"start": "00:27:20", "end": "00:27:27", "text": "if this token how it's doing."}, {"start": "00:27:23", "end": "00:27:30", "text": "If we go to deck screener,"}, {"start": "00:27:27", "end": "00:27:31", "text": "I don't recommend anyone to trade any"}, {"start": "00:27:30", "end": "00:27:34", "text": "like of this, you know, meme stuff, but"}, {"start": "00:27:31", "end": "00:27:38", "text": "to see if you can buy the casino. Can we"}, {"start": "00:27:34", "end": "00:27:40", "text": "buy the casino here? Yes."}, {"start": "00:27:38", "end": "00:27:41", "text": "In all of these things, you want to be"}, {"start": "00:27:40", "end": "00:27:44", "text": "buying the casino. I guess this is the"}, {"start": "00:27:41", "end": "00:27:47", "text": "casino. So, in this case, the CME token"}, {"start": "00:27:44", "end": "00:27:49", "text": "is the cazasino that is minting all of"}, {"start": "00:27:47", "end": "00:27:52", "text": "this digent stuff. It got launched on"}, {"start": "00:27:49", "end": "00:27:56", "text": "September 8th."}, {"start": "00:27:52", "end": "00:27:59", "text": "Yeah. And so this I guess is the one for"}, {"start": "00:27:56", "end": "00:28:01", "text": "what we just uh spoke about. So you know"}, {"start": "00:27:59", "end": "00:28:03", "text": "with a with a memecoin you're going to"}, {"start": "00:28:01", "end": "00:28:05", "text": "get fleeced. You as a boomer if you come"}, {"start": "00:28:03", "end": "00:28:08", "text": "at least I'm also a boomer when it comes"}, {"start": "00:28:05", "end": "00:28:10", "text": "to memes. See we're covering it today"}, {"start": "00:28:08", "end": "00:28:13", "text": "September the 14th."}, {"start": "00:28:10", "end": "00:28:16", "text": "Some of you guys some of you guys were"}, {"start": "00:28:13", "end": "00:28:18", "text": "shilling it already on Friday because"}, {"start": "00:28:16", "end": "00:28:19", "text": "someone asked me about CME. I was like"}, {"start": "00:28:18", "end": "00:28:22", "text": "what do you mean CME? Like CME future?"}, {"start": "00:28:19", "end": "00:28:24", "text": "What do you mean? What do you mean CV?"}, {"start": "00:28:22", "end": "00:28:28", "text": "Then during weekend I checked this. So"}, {"start": "00:28:24", "end": "00:28:31", "text": "you see we're here boomers. Okay. We're"}, {"start": "00:28:28", "end": "00:28:35", "text": "here boomers. You and I you're you're"}, {"start": "00:28:31", "end": "00:28:37", "text": "not a crackhead Gen Z sitting in in"}, {"start": "00:28:35", "end": "00:28:40", "text": "front of the screens. Most of you"}, {"start": "00:28:37", "end": "00:28:41", "text": "aren't. Okay. So for you to be there"}, {"start": "00:28:40", "end": "00:28:43", "text": "buying the meme, you're going to get"}, {"start": "00:28:41", "end": "00:28:45", "text": "fleeced. You're going to get robbed. But"}, {"start": "00:28:43", "end": "00:28:48", "text": "if you can buy the casino, whether it's"}, {"start": "00:28:45", "end": "00:28:49", "text": "pawns or CME or whatever, if you're into"}, {"start": "00:28:48", "end": "00:28:50", "text": "this kind of stuff, you have the"}, {"start": "00:28:49", "end": "00:28:54", "text": "mechanical rules, you have the money"}, {"start": "00:28:50", "end": "00:28:57", "text": "line, better, better,"}, {"start": "00:28:54", "end": "00:29:00", "text": "better, still risky, still likely to get"}, {"start": "00:28:57", "end": "00:29:01", "text": "fleeced like a mefer, like an Mfer"}, {"start": "00:29:00", "end": "00:29:02", "text": "without bullman, without mechanical"}, {"start": "00:29:01", "end": "00:29:04", "text": "rules, guys, is a question of time"}, {"start": "00:29:02", "end": "00:29:05", "text": "before you're fleeced. I mean, just up"}, {"start": "00:29:04", "end": "00:29:06", "text": "front, honest, it's a question of time"}, {"start": "00:29:05", "end": "00:29:07", "text": "because you don't you don't know"}, {"start": "00:29:06", "end": "00:29:09", "text": "mechanical rules. You don't know too"}, {"start": "00:29:07", "end": "00:29:11", "text": "much. Bulmania now is closed but if you"}, {"start": "00:29:09", "end": "00:29:13", "text": "join the newsletter second link in"}, {"start": "00:29:11", "end": "00:29:15", "text": "description click it now you will be"}, {"start": "00:29:13", "end": "00:29:16", "text": "updated when when new spots open it's"}, {"start": "00:29:15", "end": "00:29:18", "text": "very important very important other I"}, {"start": "00:29:16", "end": "00:29:19", "text": "mean fleing is it's it's a question of"}, {"start": "00:29:18", "end": "00:29:21", "text": "time for you otherwise you know you're"}, {"start": "00:29:19", "end": "00:29:22", "text": "going to get crooked in one way or"}, {"start": "00:29:21", "end": "00:29:24", "text": "another anyway so that's that with the"}, {"start": "00:29:22", "end": "00:29:26", "text": "CME let me know if you love this kind of"}, {"start": "00:29:24", "end": "00:29:29", "text": "you know deep dive into the into the new"}, {"start": "00:29:26", "end": "00:29:32", "text": "stuff uh if you like you smash up the"}, {"start": "00:29:29", "end": "00:29:35", "text": "like you say I love it Ivan I love it"}, {"start": "00:29:32", "end": "00:29:37", "text": "say Ivan I love it when you say new"}, {"start": "00:29:35", "end": "00:29:39", "text": "stuff I love it when you tell about the"}, {"start": "00:29:37", "end": "00:29:41", "text": "new blizzing because where else? Who"}, {"start": "00:29:39", "end": "00:29:43", "text": "else is going to teach you? Who else is"}, {"start": "00:29:41", "end": "00:29:46", "text": "going to teach you? Only here. Exactly."}, {"start": "00:29:43", "end": "00:29:49", "text": "Only I tech the max humbleness. We teach"}, {"start": "00:29:46", "end": "00:29:50", "text": "you everything. Everything there is. And"}, {"start": "00:29:49", "end": "00:29:53", "text": "now back to the boomer world. Back to"}, {"start": "00:29:50", "end": "00:29:56", "text": "the boomer world. Let's say let's see"}, {"start": "00:29:53", "end": "00:30:00", "text": "what Matt Hugan is saying here."}, {"start": "00:29:56", "end": "00:30:01", "text": ">> I think the bottom is in um I think we"}, {"start": "00:30:00", "end": "00:30:05", "text": "have this nice book end of October 10th"}, {"start": "00:30:01", "end": "00:30:08", "text": "and a leverage blowout on uh overlevered"}, {"start": "00:30:05", "end": "00:30:10", "text": "long positions. And now we had a"}, {"start": "00:30:08", "end": "00:30:12", "text": "leverage blowout on overleveraged short"}, {"start": "00:30:10", "end": "00:30:15", "text": "positions. I think that bookends the"}, {"start": "00:30:12", "end": "00:30:18", "text": "pullback nicely. I think we've seen"}, {"start": "00:30:15", "end": "00:30:20", "text": "Treasury blink on the fiscal situation."}, {"start": "00:30:18", "end": "00:30:24", "text": "They've now blinked three times by my"}, {"start": "00:30:20", "end": "00:30:26", "text": "count. Uh first with the yen uh then"}, {"start": "00:30:24", "end": "00:30:28", "text": "with the buyback and now saying that the"}, {"start": "00:30:26", "end": "00:30:31", "text": "buyback might have to increase. I think"}, {"start": "00:30:28", "end": "00:30:33", "text": "they'll continue to blink. Um yeah, I"}, {"start": "00:30:31", "end": "00:30:35", "text": "think the I think the I think the bottom"}, {"start": "00:30:33", "end": "00:30:37", "text": "is in. There are no sellers left in the"}, {"start": "00:30:35", "end": "00:30:38", "text": "market. So I think people were waiting"}, {"start": "00:30:37", "end": "00:30:40", "text": "on the sidelines. I think we go higher"}, {"start": "00:30:38", "end": "00:30:41", "text": "from here."}, {"start": "00:30:40", "end": "00:30:44", "text": ">> There you go guys. We go higher from"}, {"start": "00:30:41", "end": "00:30:46", "text": "here. And who else will bring you this"}, {"start": "00:30:44", "end": "00:30:48", "text": "contract? We were just in the digest in"}, {"start": "00:30:46", "end": "00:30:50", "text": "the dig and very quickly, you saw how we"}, {"start": "00:30:48", "end": "00:30:53", "text": "did it. We very quickly transitioned"}, {"start": "00:30:50", "end": "00:30:55", "text": "into the boomer bitcoin world that you"}, {"start": "00:30:53", "end": "00:30:58", "text": "all know and love. So I give you the"}, {"start": "00:30:55", "end": "00:31:00", "text": "bleeding edge and then back to safety."}, {"start": "00:30:58", "end": "00:31:03", "text": "So you we expand your horizon. We expand"}, {"start": "00:31:00", "end": "00:31:05", "text": "what you understand. We expand basically"}, {"start": "00:31:03", "end": "00:31:07", "text": "your consciousness. That's why sometimes"}, {"start": "00:31:05", "end": "00:31:08", "text": "we say that bull mania and what we do is"}, {"start": "00:31:07", "end": "00:31:11", "text": "kind of gift to humanity because we"}, {"start": "00:31:08", "end": "00:31:14", "text": "lally expand your consciousness. Okay, I"}, {"start": "00:31:11", "end": "00:31:16", "text": "don't know if you love that."}, {"start": "00:31:14", "end": "00:31:18", "text": "VC. Vivvec, where is VC? He was supposed"}, {"start": "00:31:16", "end": "00:31:20", "text": "to be in administration. I guess he got"}, {"start": "00:31:18", "end": "00:31:22", "text": "scammed from his administration"}, {"start": "00:31:20", "end": "00:31:25", "text": "position. No one cares about Vivvec."}, {"start": "00:31:22", "end": "00:31:28", "text": "Where is the little VC? Somewhere no one"}, {"start": "00:31:25", "end": "00:31:30", "text": "knows. But he has two billion Stribe."}, {"start": "00:31:28", "end": "00:31:33", "text": "It's his company just announcing they"}, {"start": "00:31:30", "end": "00:31:35", "text": "will buy more and more and more and more"}, {"start": "00:31:33", "end": "00:31:38", "text": "Bitcoin. That's very very nice."}, {"start": "00:31:35", "end": "00:31:40", "text": "Fantastic. Reach out to VC. But yeah, no"}, {"start": "00:31:38", "end": "00:31:43", "text": "one cares about his where is he still in"}, {"start": "00:31:40", "end": "00:31:45", "text": "politics what he's doing. VC VC I"}, {"start": "00:31:43", "end": "00:31:46", "text": "haven't heard anything about VC. Maybe"}, {"start": "00:31:45", "end": "00:31:48", "text": "he's still relevant. Maybe not. But"}, {"start": "00:31:46", "end": "00:31:51", "text": "yeah, anyway, maybe you can buy Bitcoin."}, {"start": "00:31:48", "end": "00:31:53", "text": "Can buy Bitcoin. That's that. U Yeah,"}, {"start": "00:31:51", "end": "00:31:56", "text": "guys. I mean, let's go to Q&A. We're"}, {"start": "00:31:53", "end": "00:31:57", "text": "still in this situation after the"}, {"start": "00:31:56", "end": "00:32:01", "text": "weekend. Oh, yeah. We're going to check"}, {"start": "00:31:57", "end": "00:32:04", "text": "some some flips. Uh look here, Zcat."}, {"start": "00:32:01", "end": "00:32:07", "text": "Zcat is memecoin where you get reward in"}, {"start": "00:32:04", "end": "00:32:09", "text": "Zcash. Okay. Now, a big a bit back to"}, {"start": "00:32:07", "end": "00:32:11", "text": "the uh to the Gen Z. Let's see what's"}, {"start": "00:32:09", "end": "00:32:15", "text": "happening here with Zcat. If you love"}, {"start": "00:32:11", "end": "00:32:17", "text": "memes and you want Zcash, Zcat is for"}, {"start": "00:32:15", "end": "00:32:19", "text": "you. Let's let's see what is saying."}, {"start": "00:32:17", "end": "00:32:22", "text": ">> I don't know. Onchain long-term holds is"}, {"start": "00:32:19", "end": "00:32:26", "text": "is difficult. It really is. There's not"}, {"start": "00:32:22", "end": "00:32:29", "text": "a lot that you I'm like super convicted"}, {"start": "00:32:26", "end": "00:32:30", "text": "on what I could say. Um"}, {"start": "00:32:29", "end": "00:32:33", "text": "yeah, I currently have a I currently"}, {"start": "00:32:30", "end": "00:32:36", "text": "have Zcat. Zcat is cool."}, {"start": "00:32:33", "end": "00:32:38", "text": "Um Zcat is like the Stomp fund token."}, {"start": "00:32:36", "end": "00:32:39", "text": "It's paired with Zcash. It's a"}, {"start": "00:32:38", "end": "00:32:41", "text": "reflection token. So there's fees on all"}, {"start": "00:32:39", "end": "00:32:43", "text": "the trading volume and in that fees it"}, {"start": "00:32:41", "end": "00:32:46", "text": "airdrops Zcash to all the Zcat holders"}, {"start": "00:32:43", "end": "00:32:48", "text": "which is cool. Um I think that's an"}, {"start": "00:32:46", "end": "00:32:49", "text": "interesting one because Zcash holders"}, {"start": "00:32:48", "end": "00:32:50", "text": "don't have any memes and like obviously"}, {"start": "00:32:49", "end": "00:32:53", "text": "it's not a chain where people trade"}, {"start": "00:32:50", "end": "00:32:54", "text": "memes. So every cycle when there was an"}, {"start": "00:32:53", "end": "00:32:56", "text": "L1 that did really well, there was a"}, {"start": "00:32:54", "end": "00:32:58", "text": "meme attached to that L1 that did really"}, {"start": "00:32:56", "end": "00:33:00", "text": "well. But with Zcash, it's like there's"}, {"start": "00:32:58", "end": "00:33:02", "text": "never going to be a meme on"}, {"start": "00:33:00", "end": "00:33:05", "text": "Zcash chain. Um, so this is kind of"}, {"start": "00:33:02", "end": "00:33:06", "text": "filling that gap where a lot of DJs who"}, {"start": "00:33:05", "end": "00:33:08", "text": "would never be holding Zcash are now"}, {"start": "00:33:06", "end": "00:33:08", "text": "holding Zcat and getting air drop Zcash."}, {"start": "00:33:08", "end": "00:33:11", "text": "So I think"}, {"start": "00:33:08", "end": "00:33:13", "text": ">> Yeah. Yeah. So anyway, Zcat, if you like"}, {"start": "00:33:11", "end": "00:33:15", "text": "that. Yo, Isaac is saying Robin has"}, {"start": "00:33:13", "end": "00:33:17", "text": "pawns for me. Yeah, I know, bro. I know,"}, {"start": "00:33:15", "end": "00:33:18", "text": "bro. And we know pawns. We know pawns is"}, {"start": "00:33:17", "end": "00:33:21", "text": "this. Even we know it. I mean, it's it's"}, {"start": "00:33:18", "end": "00:33:23", "text": "outdated. Even we the, you know, the non"}, {"start": "00:33:21", "end": "00:33:25", "text": "Gen Z's. We know it. We know it. Isaac,"}, {"start": "00:33:23", "end": "00:33:27", "text": "you're a bit behind here. We discuss"}, {"start": "00:33:25", "end": "00:33:28", "text": "spawns for weeks already. It's like last"}, {"start": "00:33:27", "end": "00:33:30", "text": "week. So last week is, you know, we know"}, {"start": "00:33:28", "end": "00:33:32", "text": "it, man. We know it. We know it. We're"}, {"start": "00:33:30", "end": "00:33:34", "text": "we're we're I'm telling you, we're now"}, {"start": "00:33:32", "end": "00:33:36", "text": "on the bleeding edge of new stuff. This"}, {"start": "00:33:34", "end": "00:33:39", "text": "CME stuff just launched on like"}, {"start": "00:33:36", "end": "00:33:41", "text": "Thursday, okay? It's a It's not even a"}, {"start": "00:33:39", "end": "00:33:44", "text": "week. It's not. So, we're here to bring"}, {"start": "00:33:41", "end": "00:33:46", "text": "you the latest latest latest. And"}, {"start": "00:33:44", "end": "00:33:50", "text": "probably I told you about pawns. WHY YOU"}, {"start": "00:33:46", "end": "00:33:50", "text": "ME I TOLD YOU ABOUT PAWNS."}, {"start": "00:33:51", "end": "00:33:55", "text": "BIG SHOUT. BIG SHOUT. BIG SHOUT, GUYS."}, {"start": "00:33:53", "end": "00:33:57", "text": "YEAH, let's go to Q&A. There is a bit of"}, {"start": "00:33:55", "end": "00:33:58", "text": "a thing here with Venice. Uh, keep an"}, {"start": "00:33:57", "end": "00:34:00", "text": "eye on Venice. Let's see how Venice is"}, {"start": "00:33:58", "end": "00:34:02", "text": "doing."}, {"start": "00:34:00", "end": "00:34:04", "text": "Venice. Venice. Where is it? Venice."}, {"start": "00:34:02", "end": "00:34:06", "text": "Venice. Venice. Oh, off. Off. Bull."}, {"start": "00:34:04", "end": "00:34:07", "text": "Bull. Bull. Bull for many different"}, {"start": "00:34:06", "end": "00:34:10", "text": "reasons. I mean, you see bull trend open"}, {"start": "00:34:07", "end": "00:34:14", "text": "then boop continues bull. But why is it"}, {"start": "00:34:10", "end": "00:34:15", "text": "bullish? Number one is because the big"}, {"start": "00:34:14", "end": "00:34:17", "text": "text, they're stealing your data."}, {"start": "00:34:15", "end": "00:34:18", "text": "They're stealing your ideas. Open AAI as"}, {"start": "00:34:17", "end": "00:34:20", "text": "you know there's a big debate whether"}, {"start": "00:34:18", "end": "00:34:22", "text": "they stole the solution to the millennia"}, {"start": "00:34:20", "end": "00:34:24", "text": "problem or not. Uh it was last week we"}, {"start": "00:34:22", "end": "00:34:28", "text": "discussed a lot. Uh but also you see"}, {"start": "00:34:24", "end": "00:34:29", "text": "here now there is a lot of people there"}, {"start": "00:34:28", "end": "00:34:33", "text": "are a lot of people coming out saying"}, {"start": "00:34:29", "end": "00:34:35", "text": "that oy now we need to stop AI."}, {"start": "00:34:33", "end": "00:34:38", "text": "Anthropic came out and said that they"}, {"start": "00:34:35", "end": "00:34:39", "text": "need to stop AI. Like all these big labs"}, {"start": "00:34:38", "end": "00:34:41", "text": "are coming out saying we have to"}, {"start": "00:34:39", "end": "00:34:43", "text": "regulate we have to stop. We have to"}, {"start": "00:34:41", "end": "00:34:45", "text": "stop as soon as soon as soon as possible"}, {"start": "00:34:43", "end": "00:34:47", "text": "all of this AI we have to stop. And just"}, {"start": "00:34:45", "end": "00:34:49", "text": "like Jason is saying here, get ready for"}, {"start": "00:34:47", "end": "00:34:52", "text": "all of the investors in frontier model"}, {"start": "00:34:49", "end": "00:34:56", "text": "companies to suddenly flip to regulatory"}, {"start": "00:34:52", "end": "00:34:58", "text": "capture mode today. Their investments in"}, {"start": "00:34:56", "end": "00:35:01", "text": "frontier model companies are currently"}, {"start": "00:34:58", "end": "00:35:03", "text": "at risk capped because uh they the"}, {"start": "00:35:01", "end": "00:35:04", "text": "biggest buyers of tokens are embracing"}, {"start": "00:35:03", "end": "00:35:07", "text": "open source. Basically they invested a"}, {"start": "00:35:04", "end": "00:35:09", "text": "bunch in this you know open AI anthropic"}, {"start": "00:35:07", "end": "00:35:12", "text": "but now open source is like better or"}, {"start": "00:35:09", "end": "00:35:14", "text": "the same or a bit worse but no one cares"}, {"start": "00:35:12", "end": "00:35:15", "text": "that it's a bit worse because uh for"}, {"start": "00:35:14", "end": "00:35:17", "text": "most use cases you don't you don't need"}, {"start": "00:35:15", "end": "00:35:19", "text": "the bleeding bleeding bleeding edge I"}, {"start": "00:35:17", "end": "00:35:21", "text": "mean for most business use cases"}, {"start": "00:35:19", "end": "00:35:23", "text": "nowadays whether it is support whether"}, {"start": "00:35:21", "end": "00:35:25", "text": "it is you know summarizing document"}, {"start": "00:35:23", "end": "00:35:26", "text": "whether it is reading legal contract"}, {"start": "00:35:25", "end": "00:35:28", "text": "like you actually don't need the"}, {"start": "00:35:26", "end": "00:35:30", "text": "bleeding bleing bleing bleing the open"}, {"start": "00:35:28", "end": "00:35:32", "text": "source they are bleeding edge enough so"}, {"start": "00:35:30", "end": "00:35:34", "text": "to speak that they are like frontier"}, {"start": "00:35:32", "end": "00:35:36", "text": "maybe a bit worse But sometimes better."}, {"start": "00:35:34", "end": "00:35:38", "text": "Sometimes this Chinese ones Quen cames"}, {"start": "00:35:36", "end": "00:35:39", "text": "out with better and it's free to run."}, {"start": "00:35:38", "end": "00:35:42", "text": "Now you still need to have the hardware"}, {"start": "00:35:39", "end": "00:35:45", "text": "to run. But uh you don't have like"}, {"start": "00:35:42", "end": "00:35:48", "text": "someone some sneaky sneaky sneaky old"}, {"start": "00:35:45", "end": "00:35:51", "text": "some old man. Sneaky sneaky man. Some"}, {"start": "00:35:48", "end": "00:35:52", "text": "old man uh I don't know like there is"}, {"start": "00:35:51", "end": "00:35:54", "text": "something there. There's something with"}, {"start": "00:35:52", "end": "00:35:56", "text": "the guy like I don't know like there's"}, {"start": "00:35:54", "end": "00:35:57", "text": "some some some sneakiness when he"}, {"start": "00:35:56", "end": "00:36:02", "text": "speaks. I'm like man I I get alerts in"}, {"start": "00:35:57", "end": "00:36:05", "text": "my head. There's something sneaky here."}, {"start": "00:36:02", "end": "00:36:07", "text": "I would rather take open source Chinese"}, {"start": "00:36:05", "end": "00:36:10", "text": "boop put it on hardware boop boop it's"}, {"start": "00:36:07", "end": "00:36:12", "text": "working working uh I can see that it"}, {"start": "00:36:10", "end": "00:36:14", "text": "doesn't communicate with China because"}, {"start": "00:36:12", "end": "00:36:16", "text": "it's it's just a model man it doesn't"}, {"start": "00:36:14", "end": "00:36:17", "text": "have it doesn't communicate with China"}, {"start": "00:36:16", "end": "00:36:19", "text": "okay don't people like oh no but it's"}, {"start": "00:36:17", "end": "00:36:21", "text": "Chinese don't worry man don't worry like"}, {"start": "00:36:19", "end": "00:36:24", "text": "it's open source it's freaking open"}, {"start": "00:36:21", "end": "00:36:27", "text": "source it's it's a model it's a model"}, {"start": "00:36:24", "end": "00:36:29", "text": "okay it's a model now the model can"}, {"start": "00:36:27", "end": "00:36:32", "text": "still be biased it can be trained in a"}, {"start": "00:36:29", "end": "00:36:34", "text": "biased way but the thing is will you be"}, {"start": "00:36:32", "end": "00:36:36", "text": "asking about the a certain square the T"}, {"start": "00:36:34", "end": "00:36:37", "text": "square you will I likely not be asking"}, {"start": "00:36:36", "end": "00:36:40", "text": "about this the T square in your"}, {"start": "00:36:37", "end": "00:36:42", "text": "day-to-day work okay so for you you save"}, {"start": "00:36:40", "end": "00:36:44", "text": "all this money you don't need to have"}, {"start": "00:36:42", "end": "00:36:46", "text": "Sam Alman in your life you okay you"}, {"start": "00:36:44", "end": "00:36:47", "text": "cannot ask about the T square okay but"}, {"start": "00:36:46", "end": "00:36:49", "text": "you see it's like what what you choose"}, {"start": "00:36:47", "end": "00:36:50", "text": "what you choose because otherwise the"}, {"start": "00:36:49", "end": "00:36:52", "text": "alternative is that you use Sam Alman he"}, {"start": "00:36:50", "end": "00:36:54", "text": "steals your idea and he publishes it and"}, {"start": "00:36:52", "end": "00:36:56", "text": "now he is a Nobel Prize winner for math"}, {"start": "00:36:54", "end": "00:36:59", "text": "in this millennia prize okay so what you"}, {"start": "00:36:56", "end": "00:37:01", "text": "want you understand so now all of these"}, {"start": "00:36:59", "end": "00:37:03", "text": "a companies They're begging the"}, {"start": "00:37:01", "end": "00:37:05", "text": "government to regulate AI. Of course,"}, {"start": "00:37:03", "end": "00:37:08", "text": "they are going to be the ones that are"}, {"start": "00:37:05", "end": "00:37:09", "text": "allowed to do AI. And so that's what"}, {"start": "00:37:08", "end": "00:37:11", "text": "what all about stopping open source,"}, {"start": "00:37:09", "end": "00:37:12", "text": "which I've been saying on the pod for"}, {"start": "00:37:11", "end": "00:37:14", "text": "two years. If you want safety, you want"}, {"start": "00:37:12", "end": "00:37:16", "text": "disclosure, and open source is the"}, {"start": "00:37:14", "end": "00:37:18", "text": "ultimate disclosure process. Look here,"}, {"start": "00:37:16", "end": "00:37:19", "text": "you're going to now have uh the"}, {"start": "00:37:18", "end": "00:37:22", "text": "regulatory capture become bigger and"}, {"start": "00:37:19", "end": "00:37:24", "text": "bigger and bigger. N regulatory capture"}, {"start": "00:37:22", "end": "00:37:26", "text": "will be binding open source and or"}, {"start": "00:37:24", "end": "00:37:28", "text": "Chinese models. That's a very dangerous"}, {"start": "00:37:26", "end": "00:37:31", "text": "thing because then there will never be"}, {"start": "00:37:28", "end": "00:37:33", "text": "the there will never be new AI frontier"}, {"start": "00:37:31", "end": "00:37:35", "text": "companies being able to compete again"}, {"start": "00:37:33", "end": "00:37:37", "text": "and with exponential self-improving AI"}, {"start": "00:37:35", "end": "00:37:39", "text": "that means essentially no competitors in"}, {"start": "00:37:37", "end": "00:37:42", "text": "any industry ever again as they will"}, {"start": "00:37:39", "end": "00:37:44", "text": "slowly suck up money in all industries."}, {"start": "00:37:42", "end": "00:37:46", "text": "Safety concerns of AI are scary but the"}, {"start": "00:37:44", "end": "00:37:49", "text": "new feudalism of AI with rail recapture"}, {"start": "00:37:46", "end": "00:37:51", "text": "is a way more sc is way more scary for"}, {"start": "00:37:49", "end": "00:37:53", "text": "me. Yeah, basically I mean if if you"}, {"start": "00:37:51", "end": "00:37:54", "text": "think about how AI is going to grow, how"}, {"start": "00:37:53", "end": "00:37:56", "text": "it's going to automate everything, how"}, {"start": "00:37:54", "end": "00:37:58", "text": "it's going to help different industries"}, {"start": "00:37:56", "end": "00:37:59", "text": "and then you imagine that no one can do"}, {"start": "00:37:58", "end": "00:38:01", "text": "it except like two guys because they"}, {"start": "00:37:59", "end": "00:38:04", "text": "have regulatory capture. They made deals"}, {"start": "00:38:01", "end": "00:38:06", "text": "with the administration or whatever"}, {"start": "00:38:04", "end": "00:38:09", "text": "it becomes dystopian. It becomes"}, {"start": "00:38:06", "end": "00:38:12", "text": "dystopian. So this is why again Venice"}, {"start": "00:38:09", "end": "00:38:15", "text": "AI with the decentralized crypto uh"}, {"start": "00:38:12", "end": "00:38:17", "text": "crypto AI that's why it's bullish at"}, {"start": "00:38:15", "end": "00:38:19", "text": "least on a narrative level is bullish"}, {"start": "00:38:17", "end": "00:38:21", "text": "technically. I don't know how like"}, {"start": "00:38:19", "end": "00:38:22", "text": "decentraliz it doesn't seem too"}, {"start": "00:38:21", "end": "00:38:23", "text": "decentralized technically. I mean as far"}, {"start": "00:38:22", "end": "00:38:25", "text": "as I understand they're still just you"}, {"start": "00:38:23", "end": "00:38:28", "text": "know using some provider of inference"}, {"start": "00:38:25", "end": "00:38:30", "text": "and if it's banned let's say that open"}, {"start": "00:38:28", "end": "00:38:32", "text": "source is banned and you cannot use"}, {"start": "00:38:30", "end": "00:38:34", "text": "Chinese then I mean Venice can also then"}, {"start": "00:38:32", "end": "00:38:36", "text": "not use it you understand like Venice is"}, {"start": "00:38:34", "end": "00:38:38", "text": "not going to be accept because they are"}, {"start": "00:38:36", "end": "00:38:41", "text": "in the US it's literally US guy it's"}, {"start": "00:38:38", "end": "00:38:42", "text": "Eric Warheis. So it's like so that's why"}, {"start": "00:38:41", "end": "00:38:43", "text": "you know tech don't worry about"}, {"start": "00:38:42", "end": "00:38:45", "text": "technicals because some people they're"}, {"start": "00:38:43", "end": "00:38:48", "text": "like oh let me check. Don't worry about"}, {"start": "00:38:45", "end": "00:38:51", "text": "technicals, man. Technicals, technicals"}, {"start": "00:38:48", "end": "00:38:53", "text": "chart is bullish and the narrative you"}, {"start": "00:38:51", "end": "00:38:54", "text": "see people that put money in this, they"}, {"start": "00:38:53", "end": "00:38:56", "text": "don't use they don't analyze too much."}, {"start": "00:38:54", "end": "00:38:58", "text": "Like Vegas is the decentralized AI that"}, {"start": "00:38:56", "end": "00:38:59", "text": "is against big tech. That's all that's"}, {"start": "00:38:58", "end": "00:39:01", "text": "all that's that that's in their brain."}, {"start": "00:38:59", "end": "00:39:03", "text": "That's all. That's where the story ends."}, {"start": "00:39:01", "end": "00:39:04", "text": "Then how it technically works there. I"}, {"start": "00:39:03", "end": "00:39:07", "text": "mean technically they still use"}, {"start": "00:39:04", "end": "00:39:09", "text": "inference providers. They still use some"}, {"start": "00:39:07", "end": "00:39:12", "text": "company that actually runs the model. If"}, {"start": "00:39:09", "end": "00:39:14", "text": "Trump says all Chinese banned, if you"}, {"start": "00:39:12", "end": "00:39:16", "text": "give access to any Chinese company, to a"}, {"start": "00:39:14", "end": "00:39:18", "text": "US client, you go to jail, man. This,"}, {"start": "00:39:16", "end": "00:39:19", "text": "uh, Eric Waris, I don't know, he's going"}, {"start": "00:39:18", "end": "00:39:22", "text": "to be shutting this thing down quite"}, {"start": "00:39:19", "end": "00:39:25", "text": "fast for the US at least. I mean, that's"}, {"start": "00:39:22", "end": "00:39:26", "text": "it. That's it. So, uh, so that's why"}, {"start": "00:39:25", "end": "00:39:28", "text": "technically, listen, don't worry about"}, {"start": "00:39:26", "end": "00:39:32", "text": "technical. Don't worry about technical."}, {"start": "00:39:28", "end": "00:39:35", "text": "It is indeed a Venice bullp because on a"}, {"start": "00:39:32", "end": "00:39:38", "text": "narrative level, Venice is positioned as"}, {"start": "00:39:35", "end": "00:39:40", "text": "an alternative to big tech. And so yeah,"}, {"start": "00:39:38", "end": "00:39:41", "text": "that's all you have to worry about and"}, {"start": "00:39:40", "end": "00:39:44", "text": "the fact that the trend is bullish and"}, {"start": "00:39:41", "end": "00:39:47", "text": "that's it. Okay, so Meta has also"}, {"start": "00:39:44", "end": "00:39:48", "text": "another thing here why Meta as a stock"}, {"start": "00:39:47", "end": "00:39:50", "text": "if you're interested in AI could be an"}, {"start": "00:39:48", "end": "00:39:51", "text": "interesting play because Meta has a"}, {"start": "00:39:50", "end": "00:39:53", "text": "deeply profitable business and"}, {"start": "00:39:51", "end": "00:39:55", "text": "investment grade credit erasing a"}, {"start": "00:39:53", "end": "00:39:57", "text": "business that would work just fine if"}, {"start": "00:39:55", "end": "00:39:59", "text": "open source models kept gaining steam."}, {"start": "00:39:57", "end": "00:40:02", "text": "Open AAI and anthropic have none of"}, {"start": "00:39:59", "end": "00:40:05", "text": "these things. So Meta says speed up"}, {"start": "00:40:02", "end": "00:40:07", "text": "model innovation and those two say slow"}, {"start": "00:40:05", "end": "00:40:10", "text": "down is interesting thing here where"}, {"start": "00:40:07", "end": "00:40:11", "text": "these two anthropic and open AI they're"}, {"start": "00:40:10", "end": "00:40:12", "text": "nervous they're very very nervous"}, {"start": "00:40:11", "end": "00:40:15", "text": "they're nervous about their future"}, {"start": "00:40:12", "end": "00:40:18", "text": "because open source is eating them meta"}, {"start": "00:40:15", "end": "00:40:20", "text": "they just want better AI for their own"}, {"start": "00:40:18", "end": "00:40:21", "text": "ad business the better the AI the the"}, {"start": "00:40:20", "end": "00:40:24", "text": "better they can do ads the more they can"}, {"start": "00:40:21", "end": "00:40:25", "text": "match the seller to buyer uh I mean"}, {"start": "00:40:24", "end": "00:40:29", "text": "nowadays you know with meta if you use"}, {"start": "00:40:25", "end": "00:40:32", "text": "meta ads of it can do crazy things there"}, {"start": "00:40:29", "end": "00:40:34", "text": "you know Before you had to uh fine-tune"}, {"start": "00:40:32", "end": "00:40:37", "text": "your target audience, you know, do"}, {"start": "00:40:34", "end": "00:40:38", "text": "yourself. Now they have the Andromeda"}, {"start": "00:40:37", "end": "00:40:40", "text": "upgrade. Boop boop boop boop boop. It"}, {"start": "00:40:38", "end": "00:40:42", "text": "does everything. It does everything. It"}, {"start": "00:40:40", "end": "00:40:44", "text": "finds your client. It insures client"}, {"start": "00:40:42", "end": "00:40:47", "text": "signs up pays you like it's it's next"}, {"start": "00:40:44", "end": "00:40:48", "text": "level. Next level. So for meta, they"}, {"start": "00:40:47", "end": "00:40:52", "text": "actually don't have to be like, you"}, {"start": "00:40:48", "end": "00:40:53", "text": "know, the AI uh frontier lab. They just"}, {"start": "00:40:52", "end": "00:40:55", "text": "need better AI. And of course they also"}, {"start": "00:40:53", "end": "00:40:58", "text": "have a frontier lab of course but for"}, {"start": "00:40:55", "end": "00:40:59", "text": "their business whether it's Chinese or"}, {"start": "00:40:58", "end": "00:41:02", "text": "open source or not open source a bit"}, {"start": "00:40:59", "end": "00:41:03", "text": "secondary it's a bit secondary and so if"}, {"start": "00:41:02", "end": "00:41:05", "text": "we check their stock this you know this"}, {"start": "00:41:03", "end": "00:41:08", "text": "is more of a long-term kind of stuff"}, {"start": "00:41:05", "end": "00:41:10", "text": "it's uh their stock uh lately has it's"}, {"start": "00:41:08", "end": "00:41:12", "text": "just choppy man it's just cho I don't"}, {"start": "00:41:10", "end": "00:41:15", "text": "like that it's chopped so much uh oh"}, {"start": "00:41:12", "end": "00:41:17", "text": "it's very choppy guys oh very choppy you"}, {"start": "00:41:15", "end": "00:41:19", "text": "see how many fake out bear b let's see"}, {"start": "00:41:17", "end": "00:41:21", "text": "on the two hour actually I don't like"}, {"start": "00:41:19", "end": "00:41:23", "text": "this kind of chart uh on the on sorry on"}, {"start": "00:41:21", "end": "00:41:25", "text": "the two week on the two weeks It's a bit"}, {"start": "00:41:23", "end": "00:41:28", "text": "better when it breaks out on the two"}, {"start": "00:41:25", "end": "00:41:30", "text": "week here to 711"}, {"start": "00:41:28", "end": "00:41:33", "text": "LFG for now. Man, what kind of"}, {"start": "00:41:30", "end": "00:41:38", "text": "volatility is this? What is doing man?"}, {"start": "00:41:33", "end": "00:41:41", "text": "Up 30%. Okay. What is doing man? It's"}, {"start": "00:41:38", "end": "00:41:45", "text": "like a pump and dump. Down 30%. Up 30"}, {"start": "00:41:41", "end": "00:41:47", "text": "down 30. Up 30 down. Okay, listen. It's"}, {"start": "00:41:45", "end": "00:41:49", "text": "in a consolidation here with crazy"}, {"start": "00:41:47", "end": "00:41:51", "text": "volatility. Uh I I would not touch it"}, {"start": "00:41:49", "end": "00:41:53", "text": "because equally as it comes up, it can"}, {"start": "00:41:51", "end": "00:41:54", "text": "come down. Maybe it it wants to do a few"}, {"start": "00:41:53", "end": "00:41:57", "text": "more of this up and down. But should it"}, {"start": "00:41:54", "end": "00:41:58", "text": "break here uh 7-Eleven, it's just a"}, {"start": "00:41:57", "end": "00:42:01", "text": "higher chance that it wants to do"}, {"start": "00:41:58", "end": "00:42:03", "text": "another leg up uh like here. Okay?"}, {"start": "00:42:01", "end": "00:42:05", "text": "Because what we want is a leg up like"}, {"start": "00:42:03", "end": "00:42:08", "text": "this one here from 20. We want a leg up"}, {"start": "00:42:05", "end": "00:42:10", "text": "like this. We want to be part of a leg"}, {"start": "00:42:08", "end": "00:42:13", "text": "up like this. Okay? And we we want to"}, {"start": "00:42:10", "end": "00:42:16", "text": "avoid this chopping up and down. So"}, {"start": "00:42:13", "end": "00:42:19", "text": "yeah, 711 is the uh target. If they can"}, {"start": "00:42:16", "end": "00:42:21", "text": "hit it, they can close. Okay? Let's go."}, {"start": "00:42:19", "end": "00:42:24", "text": "Let's go. Let's go. Guys, listen. Let's"}, {"start": "00:42:21", "end": "00:42:25", "text": "go to Q&A questions, answers, debates."}, {"start": "00:42:24", "end": "00:42:27", "text": "Uh go to Bullion newsletter, second link"}, {"start": "00:42:25", "end": "00:42:29", "text": "in description right now. And as you"}, {"start": "00:42:27", "end": "00:42:33", "text": "know, each and every week we are giving"}, {"start": "00:42:29", "end": "00:42:35", "text": "out a free copy of Big Profits. My book"}, {"start": "00:42:33", "end": "00:42:38", "text": "where I explain to you my biggest loss,"}, {"start": "00:42:35", "end": "00:42:40", "text": "how I got wrecked in the market so hard,"}, {"start": "00:42:38", "end": "00:42:43", "text": "so hard you cannot even imagine how I"}, {"start": "00:42:40", "end": "00:42:45", "text": "ensure that it never happens again. My"}, {"start": "00:42:43", "end": "00:42:48", "text": "current trading strategies is all here."}, {"start": "00:42:45", "end": "00:42:50", "text": "It's many, you know, many big uh big"}, {"start": "00:42:48", "end": "00:42:51", "text": "text uh picture. You have big picture."}, {"start": "00:42:50", "end": "00:42:54", "text": "You're going to love it. You're going to"}, {"start": "00:42:51", "end": "00:42:56", "text": "love it. So, you sign up on Bouia"}, {"start": "00:42:54", "end": "00:42:59", "text": "newsletter. Every week we're giving out"}, {"start": "00:42:56", "end": "00:43:01", "text": "this free free book to one person who"}, {"start": "00:42:59", "end": "00:43:03", "text": "joins the newsletter. Use the link"}, {"start": "00:43:01", "end": "00:43:06", "text": "below. Free newsletter and sign up right"}, {"start": "00:43:03", "end": "00:43:08", "text": "now. Uh, and also when Boom Mania opens"}, {"start": "00:43:06", "end": "00:43:10", "text": "up so you can learn mechanical rules,"}, {"start": "00:43:08", "end": "00:43:12", "text": "you can get access to money scanner,"}, {"start": "00:43:10", "end": "00:43:14", "text": "money line, boom AI is going to be first"}, {"start": "00:43:12", "end": "00:43:16", "text": "to those on the newsletter and we just"}, {"start": "00:43:14", "end": "00:43:18", "text": "released a few, you know, a few spots"}, {"start": "00:43:16", "end": "00:43:20", "text": "here and there. So, you got to be there,"}, {"start": "00:43:18", "end": "00:43:23", "text": "guys. Let's go. Let's go. Let's go."}, {"start": "00:43:20", "end": "00:43:23", "text": "Let's go as soon as possible."}, {"start": "00:43:24", "end": "00:43:30", "text": "Anyone know AI image generated capable"}, {"start": "00:43:26", "end": "00:43:32", "text": "like charg but no restrictions? Yeah,"}, {"start": "00:43:30", "end": "00:43:35", "text": "here here you need open source one here."}, {"start": "00:43:32", "end": "00:43:37", "text": "Here here you need to try open source."}, {"start": "00:43:35", "end": "00:43:38", "text": "Why have the the same short five? It's"}, {"start": "00:43:37", "end": "00:43:41", "text": "actually different ones if you look"}, {"start": "00:43:38", "end": "00:43:43", "text": "carefully. It's different ones. But I"}, {"start": "00:43:41", "end": "00:43:44", "text": "bought three of these ones. So I because"}, {"start": "00:43:43", "end": "00:43:46", "text": "man the fabric I don't know if you can"}, {"start": "00:43:44", "end": "00:43:50", "text": "see but the fabric is so nice man. It's"}, {"start": "00:43:46", "end": "00:43:53", "text": "so nice. I I finally found this shirt"}, {"start": "00:43:50", "end": "00:43:56", "text": "that ah my the fabric it's it's like"}, {"start": "00:43:53", "end": "00:43:59", "text": "stretchy and everything. If I find find"}, {"start": "00:43:56", "end": "00:44:01", "text": "another one uh I'll get it also. I'll"}, {"start": "00:43:59", "end": "00:44:03", "text": "get it also. But uh also another thing"}, {"start": "00:44:01", "end": "00:44:05", "text": "is you know choosing choosing this"}, {"start": "00:44:03", "end": "00:44:06", "text": "choosing that once I have something I"}, {"start": "00:44:05", "end": "00:44:11", "text": "like I would rather buy like five of"}, {"start": "00:44:06", "end": "00:44:11", "text": "them and that's it. And that's it."}, {"start": "00:44:14", "end": "00:44:19", "text": "And you know guys, it's finally nice to"}, {"start": "00:44:16", "end": "00:44:22", "text": "be not fat for the shirt. I I I I love"}, {"start": "00:44:19", "end": "00:44:24", "text": "that I lost enough weight so I'm not fat"}, {"start": "00:44:22", "end": "00:44:27", "text": "for the shirt because before when I was"}, {"start": "00:44:24", "end": "00:44:28", "text": "fatter"}, {"start": "00:44:27", "end": "00:44:30", "text": "I could not have shirt because it looks"}, {"start": "00:44:28", "end": "00:44:32", "text": "ugly. You know when you're fat shirts"}, {"start": "00:44:30", "end": "00:44:35", "text": "look look ugly. They look ugly. All of"}, {"start": "00:44:32", "end": "00:44:37", "text": "them look ugly. So now we decrease the"}, {"start": "00:44:35", "end": "00:44:40", "text": "fat."}, {"start": "00:44:37", "end": "00:44:43", "text": "I found this fantastic stretch and uh"}, {"start": "00:44:40", "end": "00:44:46", "text": "yeah that's it. That's it. And you need"}, {"start": "00:44:43", "end": "00:44:47", "text": "to show a green one. And exactly. So I"}, {"start": "00:44:46", "end": "00:44:50", "text": "need to find more this, you know,"}, {"start": "00:44:47", "end": "00:44:52", "text": "stretchy stretchy."}, {"start": "00:44:50", "end": "00:44:54", "text": "Uh, and this one I think it's called"}, {"start": "00:44:52", "end": "00:44:56", "text": "like, you know, four flex. It's like a a"}, {"start": "00:44:54", "end": "00:44:59", "text": "certain type of fabric they do. It's"}, {"start": "00:44:56", "end": "00:45:00", "text": "called like four flex mega. It's the"}, {"start": "00:44:59", "end": "00:45:04", "text": "best. It's the best. It's breathable."}, {"start": "00:45:00", "end": "00:45:04", "text": "It's the best. It's the best."}, {"start": "00:45:06", "end": "00:45:12", "text": "And if you're interested at some point I"}, {"start": "00:45:08", "end": "00:45:14", "text": "may even create a small uh small course"}, {"start": "00:45:12", "end": "00:45:16", "text": "on the weight loss because"}, {"start": "00:45:14", "end": "00:45:19", "text": "most people can lose weight if you have"}, {"start": "00:45:16", "end": "00:45:20", "text": "the good strategy if you track your"}, {"start": "00:45:19", "end": "00:45:24", "text": "calories. Uh for me the biggest thing"}, {"start": "00:45:20", "end": "00:45:26", "text": "was creating a a system. It's AI based"}, {"start": "00:45:24", "end": "00:45:29", "text": "system where every day I take pictures"}, {"start": "00:45:26", "end": "00:45:31", "text": "of everything I put in my mouth. It's"}, {"start": "00:45:29", "end": "00:45:34", "text": "all there in a database organized by"}, {"start": "00:45:31", "end": "00:45:36", "text": "calories. It's super simple. And that"}, {"start": "00:45:34", "end": "00:45:38", "text": "was actually the big difference for me"}, {"start": "00:45:36", "end": "00:45:40", "text": "to just ensure that everything is"}, {"start": "00:45:38", "end": "00:45:41", "text": "counted. You set up the daily target of"}, {"start": "00:45:40", "end": "00:45:44", "text": "calorie based on your body. It's very"}, {"start": "00:45:41", "end": "00:45:45", "text": "simple to do also. Uh you go to gym so"}, {"start": "00:45:44", "end": "00:45:47", "text": "you have progressive overload all the"}, {"start": "00:45:45", "end": "00:45:49", "text": "time so you don't lose muscle is the"}, {"start": "00:45:47", "end": "00:45:51", "text": "best. Anyone can do it. I can tell you"}, {"start": "00:45:49", "end": "00:45:53", "text": "anyone can do it. It's it's very simple."}, {"start": "00:45:51", "end": "00:45:56", "text": "It's very simple"}, {"start": "00:45:53", "end": "00:45:57", "text": "and you don't need any kind of uh"}, {"start": "00:45:56", "end": "00:46:01", "text": "chemical. You know people people they"}, {"start": "00:45:57", "end": "00:46:01", "text": "love chemical nowaday"}, {"start": "00:46:01", "end": "00:46:05", "text": "you know likeic and everything it can"}, {"start": "00:46:03", "end": "00:46:07", "text": "help you. The thing is you don't fix the"}, {"start": "00:46:05", "end": "00:46:09", "text": "fat assas in your brain. So as soon as"}, {"start": "00:46:07", "end": "00:46:11", "text": "you stop taking them, you're going to"}, {"start": "00:46:09", "end": "00:46:13", "text": "get fat again because the fat assas is"}, {"start": "00:46:11", "end": "00:46:15", "text": "still in your brain. You're still a fat"}, {"start": "00:46:13", "end": "00:46:17", "text": "assass. That's the problem. You see to"}, {"start": "00:46:15", "end": "00:46:19", "text": "lose weight is not like technically it's"}, {"start": "00:46:17", "end": "00:46:22", "text": "easy because it's just you know math"}, {"start": "00:46:19", "end": "00:46:24", "text": "calories in calories out. But in your"}, {"start": "00:46:22", "end": "00:46:28", "text": "brain there is there is a there lives a"}, {"start": "00:46:24", "end": "00:46:30", "text": "fatas okay and I had to remove him from"}, {"start": "00:46:28", "end": "00:46:33", "text": "the I have to evict him from the brain."}, {"start": "00:46:30", "end": "00:46:35", "text": "You have certain uh habits where you"}, {"start": "00:46:33", "end": "00:46:38", "text": "just put stuff in your mouth. I also had"}, {"start": "00:46:35", "end": "00:46:40", "text": "them. I was fat, you know, like"}, {"start": "00:46:38", "end": "00:46:43", "text": "if I publish it, I will show you before"}, {"start": "00:46:40", "end": "00:46:45", "text": "and after like I was I was too fat. Too"}, {"start": "00:46:43", "end": "00:46:48", "text": "f you guys remember 2022 like I barely"}, {"start": "00:46:45", "end": "00:46:50", "text": "fit in the frame. So you have to evict"}, {"start": "00:46:48", "end": "00:46:52", "text": "the fatus from your brain first. That's"}, {"start": "00:46:50", "end": "00:46:55", "text": "the first thing. That's the first thing."}, {"start": "00:46:52", "end": "00:46:57", "text": "Uh I don't see if you really have a"}, {"start": "00:46:55", "end": "00:46:58", "text": "health issue where you're literally like"}, {"start": "00:46:57", "end": "00:47:00", "text": "you're going to have a heart attack."}, {"start": "00:46:58", "end": "00:47:04", "text": "Okay. Then maybe some chemical makes"}, {"start": "00:47:00", "end": "00:47:07", "text": "sense. But if you are not in a critical"}, {"start": "00:47:04", "end": "00:47:10", "text": "condition, don't take chemical. Fix your"}, {"start": "00:47:07", "end": "00:47:13", "text": "brain. Fix your habit. It's not hard."}, {"start": "00:47:10", "end": "00:47:15", "text": "And the thing is it's amazing how you"}, {"start": "00:47:13", "end": "00:47:18", "text": "know the humanity we have degraded so"}, {"start": "00:47:15", "end": "00:47:20", "text": "much that for most people it's like"}, {"start": "00:47:18", "end": "00:47:22", "text": "unbelievable that you can lose weight"}, {"start": "00:47:20", "end": "00:47:24", "text": "because when I say I lost weight like"}, {"start": "00:47:22", "end": "00:47:25", "text": "one of the first questions ah did you"}, {"start": "00:47:24", "end": "00:47:28", "text": "use something? Did you use something?"}, {"start": "00:47:25", "end": "00:47:30", "text": "Like man, it's unbelievable how little"}, {"start": "00:47:28", "end": "00:47:34", "text": "faith people have in themselves. Like"}, {"start": "00:47:30", "end": "00:47:36", "text": "how, you know, low trust, low uh low"}, {"start": "00:47:34", "end": "00:47:39", "text": "faith that you can actually not put"}, {"start": "00:47:36", "end": "00:47:41", "text": "cookies in your mouth"}, {"start": "00:47:39", "end": "00:47:44", "text": "so that you have less calories than you"}, {"start": "00:47:41", "end": "00:47:46", "text": "burn. Like it's amazing. So guys,"}, {"start": "00:47:44", "end": "00:47:46", "text": "anyway, it's it's very important, very"}, {"start": "00:47:46", "end": "00:47:48", "text": "important. Let me know if you're"}, {"start": "00:47:46", "end": "00:47:49", "text": "interested in this kind of topic. I"}, {"start": "00:47:48", "end": "00:47:51", "text": "mean, we're a crypto channel. We're not"}, {"start": "00:47:49", "end": "00:47:53", "text": "a fat loss channel, but you know, at the"}, {"start": "00:47:51", "end": "00:47:54", "text": "end of the day, you make money. What you"}, {"start": "00:47:53", "end": "00:47:56", "text": "going to do with the money? If you're if"}, {"start": "00:47:54", "end": "00:47:59", "text": "you are overweight, you can barely enjoy"}, {"start": "00:47:56", "end": "00:48:00", "text": "it. Okay. So, let know if this kind of"}, {"start": "00:47:59", "end": "00:48:03", "text": "stuff is interesting to you or not, but"}, {"start": "00:48:00", "end": "00:48:03", "text": "yeah, that's that."}, {"start": "00:48:06", "end": "00:48:10", "text": "And I see already people uh writing some"}, {"start": "00:48:09", "end": "00:48:12", "text": "advice. Don't do this, don't do that."}, {"start": "00:48:10", "end": "00:48:13", "text": "That's another thing. You have to you"}, {"start": "00:48:12", "end": "00:48:16", "text": "have to remove all opinions. You have to"}, {"start": "00:48:13", "end": "00:48:18", "text": "remove all opinions. Also, don't tell"}, {"start": "00:48:16", "end": "00:48:19", "text": "your family that you are losing weight"}, {"start": "00:48:18", "end": "00:48:22", "text": "because for some weird reason they're"}, {"start": "00:48:19", "end": "00:48:26", "text": "going to tell you that um oh, you're"}, {"start": "00:48:22", "end": "00:48:27", "text": "anorexic or something."}, {"start": "00:48:26", "end": "00:48:30", "text": "It's better, you know, to be quiet, just"}, {"start": "00:48:27", "end": "00:48:31", "text": "do it yourself. You start very I mean,"}, {"start": "00:48:30", "end": "00:48:33", "text": "for me at least, I'm telling you, for"}, {"start": "00:48:31", "end": "00:48:35", "text": "me, for me, I mean, if you are a health"}, {"start": "00:48:33", "end": "00:48:36", "text": "guru, you look, you have a six-pack,"}, {"start": "00:48:35", "end": "00:48:38", "text": "okay, you do you. But if you don't have"}, {"start": "00:48:36", "end": "00:48:41", "text": "a six-pack, then maybe you should be"}, {"start": "00:48:38", "end": "00:48:44", "text": "quiet. But anyway, you see, uh for me,"}, {"start": "00:48:41", "end": "00:48:45", "text": "measuring calories was very important."}, {"start": "00:48:44", "end": "00:48:48", "text": "It's it's super important. Before I"}, {"start": "00:48:45", "end": "00:48:51", "text": "thought, oh, it's not. It's important."}, {"start": "00:48:48", "end": "00:48:54", "text": "But when a certain family member sees"}, {"start": "00:48:51", "end": "00:48:55", "text": "you measuring calorie, he's going to"}, {"start": "00:48:54", "end": "00:48:56", "text": "tell you, \"Oh, you're going to be un"}, {"start": "00:48:55", "end": "00:48:58", "text": "it's not healthy. It's not healthy.\""}, {"start": "00:48:56", "end": "00:49:00", "text": "Now, he's healthy because he's"}, {"start": "00:48:58", "end": "00:49:02", "text": "overweight because he does not measure"}, {"start": "00:49:00", "end": "00:49:03", "text": "calories, but you're unhealthy because"}, {"start": "00:49:02", "end": "00:49:04", "text": "you're trying to get in shape and you"}, {"start": "00:49:03", "end": "00:49:06", "text": "measure calories. I mean, that's the"}, {"start": "00:49:04", "end": "00:49:08", "text": "kind of logic they have in their brain."}, {"start": "00:49:06", "end": "00:49:09", "text": "That's also why plebbe I mean, they're"}, {"start": "00:49:08", "end": "00:49:11", "text": "they're not in shape because this is the"}, {"start": "00:49:09", "end": "00:49:12", "text": "kind of logic they have. The same logic"}, {"start": "00:49:11", "end": "00:49:14", "text": "they have with the market. I mean I'm"}, {"start": "00:49:12", "end": "00:49:15", "text": "telling I'm telling them how market work"}, {"start": "00:49:14", "end": "00:49:17", "text": "but no Ivan you're wrong you're wrong in"}, {"start": "00:49:15", "end": "00:49:19", "text": "October in October I said time to say oh"}, {"start": "00:49:17", "end": "00:49:21", "text": "no you're wrong you're so wrong I tell"}, {"start": "00:49:19", "end": "00:49:24", "text": "you how to do wait oh no no no okay you"}, {"start": "00:49:21", "end": "00:49:26", "text": "know best okay good good do go go go"}, {"start": "00:49:24", "end": "00:49:28", "text": "trade how you want go go go go go go go"}, {"start": "00:49:26", "end": "00:49:30", "text": "go you see"}, {"start": "00:49:28", "end": "00:49:32", "text": "I'm not I'm not arguing I'm also not"}, {"start": "00:49:30", "end": "00:49:36", "text": "taking any advice because the only thing"}, {"start": "00:49:32", "end": "00:49:39", "text": "you you you need to ensure that you only"}, {"start": "00:49:36", "end": "00:49:41", "text": "listen to people who have six-pack don't"}, {"start": "00:49:39", "end": "00:49:43", "text": "listen to anyone else that just like"}, {"start": "00:49:41", "end": "00:49:45", "text": "with You cannot listen to your family"}, {"start": "00:49:43", "end": "00:49:47", "text": "about money. They don't know anything."}, {"start": "00:49:45", "end": "00:49:49", "text": "They don't know anything. I mean with"}, {"start": "00:49:47", "end": "00:49:51", "text": "all the love, with all if I listen to my"}, {"start": "00:49:49", "end": "00:49:53", "text": "family for money, I would I would have"}, {"start": "00:49:51", "end": "00:49:55", "text": "zero. Okay, there are some stuff. Okay,"}, {"start": "00:49:53", "end": "00:49:58", "text": "that that's that's good. You can listen."}, {"start": "00:49:55", "end": "00:49:59", "text": "But money and uh this kind of stuff you"}, {"start": "00:49:58", "end": "00:50:01", "text": "need to listen to people who know it"}, {"start": "00:49:59", "end": "00:50:03", "text": "because most people don't know. They"}, {"start": "00:50:01", "end": "00:50:04", "text": "don't even if they love you, they don't"}, {"start": "00:50:03", "end": "00:50:06", "text": "have experience with money. They don't"}, {"start": "00:50:04", "end": "00:50:07", "text": "know. And the same with weight loss."}, {"start": "00:50:06", "end": "00:50:09", "text": "Most people in your they don't know."}, {"start": "00:50:07", "end": "00:50:11", "text": "They don't know. That's it. You can"}, {"start": "00:50:09", "end": "00:50:12", "text": "still love them. You can still love"}, {"start": "00:50:11", "end": "00:50:14", "text": "them. You can tell that I love you."}, {"start": "00:50:12", "end": "00:50:16", "text": "Thank you very much for calling me"}, {"start": "00:50:14", "end": "00:50:19", "text": "anorexic. But but we're on a mission"}, {"start": "00:50:16", "end": "00:50:21", "text": "here to lose fat and you're fat and"}, {"start": "00:50:19", "end": "00:50:23", "text": "you're very fat. So don't tell me"}, {"start": "00:50:21", "end": "00:50:25", "text": "anything about maybe you should be a bit"}, {"start": "00:50:23", "end": "00:50:27", "text": "more anorexic. You know, maybe you"}, {"start": "00:50:25", "end": "00:50:30", "text": "should not put the cookie. Remove the"}, {"start": "00:50:27", "end": "00:50:35", "text": "cookie. Let's measure the calories."}, {"start": "00:50:30", "end": "00:50:35", "text": "This cookie is 500 calorie."}, {"start": "00:50:39", "end": "00:50:44", "text": "Hey yeah. Guys, let's go to let's go to"}, {"start": "00:50:41", "end": "00:50:44", "text": "crypto. Let's go to crypto."}, {"start": "00:50:46", "end": "00:50:51", "text": "Let's go. Let's go. Let's go. Let's go."}, {"start": "00:50:47", "end": "00:50:54", "text": "Let's go. Let's go. Let's go to crypto."}, {"start": "00:50:51", "end": "00:50:56", "text": "Oh yeah. Clarity act will pass now."}, {"start": "00:50:54", "end": "00:50:58", "text": "Trump has agreed all. Let's go. Let's"}, {"start": "00:50:56", "end": "00:51:00", "text": "go. Let's pass it. Let's pass it. I"}, {"start": "00:50:58", "end": "00:51:01", "text": "don't know what the the you know the"}, {"start": "00:51:00", "end": "00:51:04", "text": "Democrats what they going to do. Let's"}, {"start": "00:51:01", "end": "00:51:07", "text": "pass it. Let's pass it. But as soon as"}, {"start": "00:51:04", "end": "00:51:09", "text": "you pass it, Valhalla, Valhalla, you go"}, {"start": "00:51:07", "end": "00:51:11", "text": "to June, you make pump,"}, {"start": "00:51:09", "end": "00:51:12", "text": "you go to crypto, you get pump. Yeah,"}, {"start": "00:51:11", "end": "00:51:15", "text": "life is good. That's true. That's true."}, {"start": "00:51:12", "end": "00:51:19", "text": "That's true."}, {"start": "00:51:15", "end": "00:51:19", "text": "That's true."}, {"start": "00:51:19", "end": "00:51:23", "text": "Plan if we get rate hike, man. I did you"}, {"start": "00:51:21", "end": "00:51:27", "text": "watch the stream or not? Because Zach,"}, {"start": "00:51:23", "end": "00:51:30", "text": "who is it? Zack Zack"}, {"start": "00:51:27", "end": "00:51:32", "text": "Al 9373."}, {"start": "00:51:30", "end": "00:51:34", "text": "If you're worried about rate hike,"}, {"start": "00:51:32", "end": "00:51:36", "text": "re-watch the stream from the beginning."}, {"start": "00:51:34", "end": "00:51:38", "text": "You have a homework to do. Re-watch the"}, {"start": "00:51:36", "end": "00:51:42", "text": "stream from the beginning. Re-watch the"}, {"start": "00:51:38", "end": "00:51:45", "text": "stream from the beginning right now"}, {"start": "00:51:42", "end": "00:51:48", "text": "because we already discussed right at"}, {"start": "00:51:45", "end": "00:51:50", "text": "length. At length at length."}, {"start": "00:51:48", "end": "00:51:52", "text": "Oh, by the way, I like uh Ultra Crusher."}, {"start": "00:51:50", "end": "00:51:54", "text": "What what I saw before also he was"}, {"start": "00:51:52", "end": "00:51:55", "text": "discussing that actually what would be"}, {"start": "00:51:54", "end": "00:51:58", "text": "bullish. Here's the bullish scenario,"}, {"start": "00:51:55", "end": "00:52:00", "text": "guys. They they increase the the rate."}, {"start": "00:51:58", "end": "00:52:03", "text": "They increase the rate"}, {"start": "00:52:00", "end": "00:52:05", "text": "and we don't dump and we pump. That's"}, {"start": "00:52:03", "end": "00:52:07", "text": "that that's very bullish. That's very"}, {"start": "00:52:05", "end": "00:52:09", "text": "bullish. If they increase the rate and"}, {"start": "00:52:07", "end": "00:52:10", "text": "Bitcoin goes up a bit, o it's such a"}, {"start": "00:52:09", "end": "00:52:12", "text": "crazy bullish signal because then"}, {"start": "00:52:10", "end": "00:52:14", "text": "everyone in the world who has a few"}, {"start": "00:52:12", "end": "00:52:16", "text": "brain cell and knows a bit about the"}, {"start": "00:52:14", "end": "00:52:18", "text": "market, they understand, okay, Bitcoin"}, {"start": "00:52:16", "end": "00:52:19", "text": "is now immune to bad news, which means"}, {"start": "00:52:18", "end": "00:52:21", "text": "no more seller, which means good"}, {"start": "00:52:19", "end": "00:52:24", "text": "riskreward, which means is good to buy"}, {"start": "00:52:21", "end": "00:52:27", "text": "and then Valhalla. Okay, that that would"}, {"start": "00:52:24", "end": "00:52:31", "text": "be an important signal. the rate hike"}, {"start": "00:52:27", "end": "00:52:33", "text": "fade by the market by the crypto market."}, {"start": "00:52:31", "end": "00:52:34", "text": "Oh, fantastic. So, actually, I would"}, {"start": "00:52:33", "end": "00:52:36", "text": "like them to increase the rate and we"}, {"start": "00:52:34", "end": "00:52:39", "text": "pump anyway. And oh, yeah. So, that's"}, {"start": "00:52:36", "end": "00:52:39", "text": "going to be a crazy signal"}, {"start": "00:52:39", "end": "00:52:43", "text": "because again, that's exactly what"}, {"start": "00:52:41", "end": "00:52:45", "text": "happened in the last bull. At the"}, {"start": "00:52:43", "end": "00:52:48", "text": "beginning of the last bull, we did see a"}, {"start": "00:52:45", "end": "00:52:49", "text": "rate hike and we pump anyway and we pump"}, {"start": "00:52:48", "end": "00:52:51", "text": "higher and we pump even higher and we"}, {"start": "00:52:49", "end": "00:52:53", "text": "pump even higher. If you look on the"}, {"start": "00:52:51", "end": "00:52:55", "text": "chart here, that's why money line is so"}, {"start": "00:52:53", "end": "00:52:57", "text": "amazing because we integrate the rate uh"}, {"start": "00:52:55", "end": "00:52:58", "text": "the rate changes here in the money line."}, {"start": "00:52:57", "end": "00:53:00", "text": "All of you who are in bulmania, you have"}, {"start": "00:52:58", "end": "00:53:02", "text": "the money line, you have the rate hike,"}, {"start": "00:53:00", "end": "00:53:04", "text": "rate decrease here on the chart in front"}, {"start": "00:53:02", "end": "00:53:06", "text": "of you. And yeah, you see when bull"}, {"start": "00:53:04", "end": "00:53:07", "text": "trend then hike, they hike the rate, we"}, {"start": "00:53:06", "end": "00:53:09", "text": "pump anyway. They hike the rate, we pump"}, {"start": "00:53:07", "end": "00:53:11", "text": "anyway. We they hike the rate, we pump"}, {"start": "00:53:09", "end": "00:53:13", "text": "anyway. They hike, we pump anyway. We"}, {"start": "00:53:11", "end": "00:53:15", "text": "pump and then we pump and pump and pump"}, {"start": "00:53:13", "end": "00:53:18", "text": "and pump. You understand? Fantastic."}, {"start": "00:53:15", "end": "00:53:18", "text": "Fantastic."}, {"start": "00:53:20", "end": "00:53:27", "text": "Ian, what happens to ETH when it breaks"}, {"start": "00:53:23", "end": "00:53:29", "text": "and closes above 5K? Uh yeah, that's"}, {"start": "00:53:27", "end": "00:53:32", "text": "actually one of the uh biggest uh"}, {"start": "00:53:29", "end": "00:53:35", "text": "catalysts for ETH. Uh if it goes above"}, {"start": "00:53:32", "end": "00:53:37", "text": "5K, it would be crazy because"}, {"start": "00:53:35", "end": "00:53:38", "text": "actually in one way you can say you can"}, {"start": "00:53:37", "end": "00:53:41", "text": "even say that it will be the beginning"}, {"start": "00:53:38", "end": "00:53:42", "text": "of a journey. Uh for us, the beginning"}, {"start": "00:53:41", "end": "00:53:44", "text": "of the journey is bull flip and bull"}, {"start": "00:53:42", "end": "00:53:46", "text": "flip we're we're here. We're we actually"}, {"start": "00:53:44", "end": "00:53:47", "text": "haven't pumped too much since the bull"}, {"start": "00:53:46", "end": "00:53:49", "text": "flip. So, but now it's bullish, guys."}, {"start": "00:53:47", "end": "00:53:51", "text": "So, e on ETH, we're bullish. On ETH,"}, {"start": "00:53:49", "end": "00:53:52", "text": "we're bullish. We're bullish ETH, just"}, {"start": "00:53:51", "end": "00:53:54", "text": "so you know. That's number one. Number"}, {"start": "00:53:52", "end": "00:53:57", "text": "two,"}, {"start": "00:53:54", "end": "00:54:00", "text": "uh this bull trend, uh as you can see,"}, {"start": "00:53:57", "end": "00:54:03", "text": "the target for it currently is the uh is"}, {"start": "00:54:00", "end": "00:54:05", "text": "this range uh range top because ETH has"}, {"start": "00:54:03", "end": "00:54:09", "text": "just been going in this range for like"}, {"start": "00:54:05", "end": "00:54:11", "text": "six years. Quite crazy range. So, I"}, {"start": "00:54:09", "end": "00:54:13", "text": "think it's very very likely that we at"}, {"start": "00:54:11", "end": "00:54:15", "text": "least go to here to to top of the range"}, {"start": "00:54:13", "end": "00:54:17", "text": "like 5K, 4.9 or something like that. And"}, {"start": "00:54:15", "end": "00:54:21", "text": "then it's going to be an insane"}, {"start": "00:54:17", "end": "00:54:25", "text": "resistance because literally since 2021"}, {"start": "00:54:21", "end": "00:54:27", "text": "it is resistance. So should we break it?"}, {"start": "00:54:25", "end": "00:54:29", "text": "Oh"}, {"start": "00:54:27", "end": "00:54:31", "text": "yeah. I mean when you break a massive"}, {"start": "00:54:29", "end": "00:54:33", "text": "resistance a massive multi-year almost"}, {"start": "00:54:31", "end": "00:54:35", "text": "like a decade range. Okay not a decade"}, {"start": "00:54:33", "end": "00:54:38", "text": "but half a decade range. Uh it's going"}, {"start": "00:54:35", "end": "00:54:40", "text": "to explode to 10k 15k quite fast. I know"}, {"start": "00:54:38", "end": "00:54:42", "text": "it sounds crazy but it I mean it is how"}, {"start": "00:54:40", "end": "00:54:44", "text": "it is. You just look at the simple"}, {"start": "00:54:42", "end": "00:54:46", "text": "humble Fibonacci. If we look at a simple"}, {"start": "00:54:44", "end": "00:54:48", "text": "humble Fibonacci, you will notice"}, {"start": "00:54:46", "end": "00:54:50", "text": "something that uh if you measure from"}, {"start": "00:54:48", "end": "00:54:52", "text": "the top to the low, you see all this"}, {"start": "00:54:50", "end": "00:54:54", "text": "like resistance levels. But once you go"}, {"start": "00:54:52", "end": "00:54:56", "text": "above the top, you see how resistance"}, {"start": "00:54:54", "end": "00:54:59", "text": "levels become very sparse. So here let's"}, {"start": "00:54:56", "end": "00:55:01", "text": "say we go to alltime high. Uh we go to"}, {"start": "00:54:59", "end": "00:55:04", "text": "above 5K, then boop, the next resistance"}, {"start": "00:55:01", "end": "00:55:06", "text": "is at 7K, 6.8, then boop 10K, then boop"}, {"start": "00:55:04", "end": "00:55:09", "text": "13K. You understand? So just by looking"}, {"start": "00:55:06", "end": "00:55:11", "text": "at simple Fibonacci simple Fibonacci you"}, {"start": "00:55:09", "end": "00:55:14", "text": "understand that once you go above"}, {"start": "00:55:11", "end": "00:55:16", "text": "alltime high Valhalla and and this is"}, {"start": "00:55:14", "end": "00:55:18", "text": "going to be uh amplified by the fact"}, {"start": "00:55:16", "end": "00:55:21", "text": "that it's like a five plus year range"}, {"start": "00:55:18", "end": "00:55:23", "text": "okay this the simple Fibonacci uh that"}, {"start": "00:55:21", "end": "00:55:27", "text": "that shows you that once you go above"}, {"start": "00:55:23", "end": "00:55:31", "text": "the high it's you know it becomes vala"}, {"start": "00:55:27", "end": "00:55:31", "text": "moon you understand you %"}, {"start": "00:55:36", "end": "00:55:41", "text": "what's your new old short list to keep"}, {"start": "00:55:39", "end": "00:55:42", "text": "an eye on the Yeah. So if you are in"}, {"start": "00:55:41", "end": "00:55:44", "text": "Bulmania we're going to be publishing"}, {"start": "00:55:42", "end": "00:55:45", "text": "the model portfolios what we're speaking"}, {"start": "00:55:44", "end": "00:55:47", "text": "here about model portfolios and then"}, {"start": "00:55:45", "end": "00:55:49", "text": "later on we're also going to be covering"}, {"start": "00:55:47", "end": "00:55:51", "text": "them on the on the stream. Uh but"}, {"start": "00:55:49", "end": "00:55:54", "text": "basically what you need to look at is"}, {"start": "00:55:51", "end": "00:55:57", "text": "strength. Strength big strength uh"}, {"start": "00:55:54", "end": "00:55:59", "text": "especially strength in the in in the in"}, {"start": "00:55:57", "end": "00:56:01", "text": "the bear and uh yeah so if you are in"}, {"start": "00:55:59", "end": "00:56:02", "text": "Bulmania watch out for that this week"}, {"start": "00:56:01", "end": "00:56:05", "text": "they should be live. If you're not in"}, {"start": "00:56:02", "end": "00:56:08", "text": "Bulmania go to uh the so newsletter"}, {"start": "00:56:05", "end": "00:56:09", "text": "Bulmania newsletter right here and uh"}, {"start": "00:56:08", "end": "00:56:11", "text": "join there. It's it's very very"}, {"start": "00:56:09", "end": "00:56:12", "text": "important. And so in Bulmania we're"}, {"start": "00:56:11", "end": "00:56:14", "text": "going to be creating the model"}, {"start": "00:56:12", "end": "00:56:15", "text": "portfolios. I think I I mean we we'll"}, {"start": "00:56:14", "end": "00:56:16", "text": "share some of it like a small part of it"}, {"start": "00:56:15", "end": "00:56:18", "text": "we're going to share also and then we're"}, {"start": "00:56:16", "end": "00:56:19", "text": "going to be following all along"}, {"start": "00:56:18", "end": "00:56:20", "text": "throughout the throughout the bull is"}, {"start": "00:56:19", "end": "00:56:23", "text": "going to be insane. It's going to be"}, {"start": "00:56:20", "end": "00:56:26", "text": "fantastic. It's going to be fantastic."}, {"start": "00:56:23", "end": "00:56:28", "text": "Um but yeah you for full like full"}, {"start": "00:56:26", "end": "00:56:30", "text": "experience you need to be in Bulmania"}, {"start": "00:56:28", "end": "00:56:32", "text": "here on I mean whatever I do here every"}, {"start": "00:56:30", "end": "00:56:35", "text": "day guys it's it's like a smaller part"}, {"start": "00:56:32", "end": "00:56:37", "text": "smaller part. Uh"}, {"start": "00:56:35", "end": "00:56:40", "text": "caught up homework complete. Yeah good"}, {"start": "00:56:37", "end": "00:56:42", "text": "good. What's your thoughts about this"}, {"start": "00:56:40", "end": "00:56:45", "text": "deck that decks that decks? Uh, no"}, {"start": "00:56:42", "end": "00:56:47", "text": "thoughts. Let me ask Bulman AI about."}, {"start": "00:56:45", "end": "00:56:50", "text": "No thoughts. I mean, the only thoughts"}, {"start": "00:56:47", "end": "00:56:53", "text": "really is what what's going to pump"}, {"start": "00:56:50", "end": "00:56:54", "text": "more? Where are tokens flying more?"}, {"start": "00:56:53", "end": "00:56:56", "text": "That's the only thing I really care"}, {"start": "00:56:54", "end": "00:56:59", "text": "about. But let's check Booman AI what it"}, {"start": "00:56:56", "end": "00:57:04", "text": "says here. Let me just ask also here."}, {"start": "00:56:59", "end": "00:57:07", "text": "Uh, what's good for what and where do"}, {"start": "00:57:04", "end": "00:57:09", "text": "tokens pump more?"}, {"start": "00:57:07", "end": "00:57:11", "text": "For example, there is a there is an"}, {"start": "00:57:09", "end": "00:57:14", "text": "argument to be made that unis swap v2 is"}, {"start": "00:57:11", "end": "00:57:16", "text": "the best for pump because uh it's uh is"}, {"start": "00:57:14", "end": "00:57:19", "text": "the most volatile version. V3 they have"}, {"start": "00:57:16", "end": "00:57:21", "text": "constraint liquidity. It's uh not as"}, {"start": "00:57:19", "end": "00:57:23", "text": "good for pump in in some ways. Uh yeah,"}, {"start": "00:57:21", "end": "00:57:26", "text": "let me check. Let's check with booming"}, {"start": "00:57:23", "end": "00:57:29", "text": "which is the perfect use case in this"}, {"start": "00:57:26", "end": "00:57:29", "text": "kind of questions."}, {"start": "00:57:30", "end": "00:57:35", "text": "Ivan, do you still den trade? Depends"}, {"start": "00:57:32", "end": "00:57:37", "text": "how you defi define it, man. Is buying"}, {"start": "00:57:35", "end": "00:57:40", "text": "pawns digen? is uh buying the CME thing"}, {"start": "00:57:37", "end": "00:57:44", "text": "that launched last week Dian then yes if"}, {"start": "00:57:40", "end": "00:57:45", "text": "you speak about the different memes I'm"}, {"start": "00:57:44", "end": "00:57:47", "text": "not having that I mean sometimes I throw"}, {"start": "00:57:45", "end": "00:57:49", "text": "in just to just to test but riskreward"}, {"start": "00:57:47", "end": "00:57:51", "text": "now is bad there will be good riskreward"}, {"start": "00:57:49", "end": "00:57:54", "text": "once we have the crazy crazy old season"}, {"start": "00:57:51", "end": "00:57:58", "text": "then you can even be in this you know"}, {"start": "00:57:54", "end": "00:58:00", "text": "meme raps and so on but now the the risk"}, {"start": "00:57:58", "end": "00:58:02", "text": "reward is not good the risk reward now"}, {"start": "00:58:00", "end": "00:58:05", "text": "is good for Bitcoin for all coins and"}, {"start": "00:58:02", "end": "00:58:08", "text": "for the actual casinos meaning pan pawn"}, {"start": "00:58:05", "end": "00:58:11", "text": "ons uh if the CME thing becomes buy the"}, {"start": "00:58:08", "end": "00:58:14", "text": "casino token don't participate in casino"}, {"start": "00:58:11", "end": "00:58:17", "text": "uh at least that's my strategy because"}, {"start": "00:58:14", "end": "00:58:19", "text": "again to be in the casino it's like"}, {"start": "00:58:17", "end": "00:58:21", "text": "another level of attention and for you"}, {"start": "00:58:19", "end": "00:58:22", "text": "to you know if you're not terminally"}, {"start": "00:58:21", "end": "00:58:25", "text": "online for you you're not going to make"}, {"start": "00:58:22", "end": "00:58:27", "text": "it you're not going to make it okay so"}, {"start": "00:58:25", "end": "00:58:29", "text": "let let's see here what booming AI says"}, {"start": "00:58:27", "end": "00:58:34", "text": "about your question here"}, {"start": "00:58:29", "end": "00:58:35", "text": "uh clo versus AMM etc etc so these three"}, {"start": "00:58:34", "end": "00:58:38", "text": "models solve different problems one is"}, {"start": "00:58:35", "end": "00:58:40", "text": "not better overall each owns lane so AMM"}, {"start": "00:58:38", "end": "00:58:43", "text": "is automated market maker this is what"}, {"start": "00:58:40", "end": "00:58:46", "text": "we know uh currently with"}, {"start": "00:58:43", "end": "00:58:48", "text": "unis swap etc etc then you have the"}, {"start": "00:58:46", "end": "00:58:51", "text": "order book this is like hyperlquid and"}, {"start": "00:58:48", "end": "00:58:54", "text": "then this one let's see this one request"}, {"start": "00:58:51", "end": "00:58:56", "text": "for you ask for firm markers compete I"}, {"start": "00:58:54", "end": "00:58:58", "text": "guess isn't it is this what like one in"}, {"start": "00:58:56", "end": "00:59:02", "text": "did with their like"}, {"start": "00:58:58", "end": "00:59:07", "text": "quote mechanism uh"}, {"start": "00:59:02", "end": "00:59:08", "text": "or is it or is this like cow swap works"}, {"start": "00:59:07", "end": "00:59:10", "text": "but anyway it's more like technical"}, {"start": "00:59:08", "end": "00:59:12", "text": "stuff because sometimes you use I don't"}, {"start": "00:59:10", "end": "00:59:13", "text": "know if you use cow swaps but cow swap"}, {"start": "00:59:12", "end": "00:59:15", "text": "they show you okay now people are"}, {"start": "00:59:13", "end": "00:59:19", "text": "competing for your for your order"}, {"start": "00:59:15", "end": "00:59:22", "text": "probably this is RFQ"}, {"start": "00:59:19", "end": "00:59:24", "text": "uh and one in before it was I haven't"}, {"start": "00:59:22", "end": "00:59:25", "text": "used it in a while but one in had"}, {"start": "00:59:24", "end": "00:59:27", "text": "something similar before as well that"}, {"start": "00:59:25", "end": "00:59:29", "text": "you do a trade and then you see oh now"}, {"start": "00:59:27", "end": "00:59:30", "text": "like 500 the market makers are competing"}, {"start": "00:59:29", "end": "00:59:33", "text": "they're competing they're all competing"}, {"start": "00:59:30", "end": "00:59:35", "text": "now they're waiting for quote"}, {"start": "00:59:33", "end": "00:59:39", "text": "so AMM is like your normal"}, {"start": "00:59:35", "end": "00:59:43", "text": "liquidity pool. This one is uh uh for"}, {"start": "00:59:39", "end": "00:59:45", "text": "pers. Popular for per. And this one is"}, {"start": "00:59:43", "end": "00:59:47", "text": "also popular for like the same use case"}, {"start": "00:59:45", "end": "00:59:51", "text": "as uh amm I guess. I'm just looking back"}, {"start": "00:59:47", "end": "00:59:52", "text": "at uh uh you and you should by the way"}, {"start": "00:59:51", "end": "00:59:54", "text": "if you can you should use cow swap"}, {"start": "00:59:52", "end": "00:59:56", "text": "because then cow swap you're going to"}, {"start": "00:59:54", "end": "00:59:59", "text": "get a guaranteed quote. It's not just"}, {"start": "00:59:56", "end": "01:00:01", "text": "AMM you know liquidity where you know"}, {"start": "00:59:59", "end": "01:00:04", "text": "who knows you're going to get the the"}, {"start": "01:00:01", "end": "01:00:06", "text": "exact price in the UI or not because I"}, {"start": "01:00:04", "end": "01:00:09", "text": "mean it's liquidity pool it can shift"}, {"start": "01:00:06", "end": "01:00:11", "text": "this and that but with RFQ you have"}, {"start": "01:00:09", "end": "01:00:14", "text": "market maker giving you the best"}, {"start": "01:00:11", "end": "01:00:15", "text": "possible price and he is competing with"}, {"start": "01:00:14", "end": "01:00:18", "text": "other market makers who also want to"}, {"start": "01:00:15", "end": "01:00:22", "text": "give you the best possible price and"}, {"start": "01:00:18", "end": "01:00:23", "text": "it's a bit more sophisticated see AMM"}, {"start": "01:00:22", "end": "01:00:25", "text": "it's set up like the pool is set up and"}, {"start": "01:00:23", "end": "01:00:28", "text": "it's set up and that's it and that's"}, {"start": "01:00:25", "end": "01:00:31", "text": "Uh yes some market m they can add the"}, {"start": "01:00:28", "end": "01:00:32", "text": "liquidity but that is another transa"}, {"start": "01:00:31", "end": "01:00:34", "text": "they have to put the transaction in for"}, {"start": "01:00:32", "end": "01:00:37", "text": "liquidity to to add your liquidity."}, {"start": "01:00:34", "end": "01:00:41", "text": "Basically when you trade on mark on AMM"}, {"start": "01:00:37", "end": "01:00:42", "text": "the market maker does not see your order"}, {"start": "01:00:41", "end": "01:00:45", "text": "before they provide liquidity. You"}, {"start": "01:00:42", "end": "01:00:46", "text": "understand? Maybe they would be able to"}, {"start": "01:00:45", "end": "01:00:48", "text": "give you better price if they just knew"}, {"start": "01:00:46", "end": "01:00:50", "text": "that you want to make this execution."}, {"start": "01:00:48", "end": "01:00:53", "text": "Maybe they would like do something for"}, {"start": "01:00:50", "end": "01:00:55", "text": "you but they cannot do it because the"}, {"start": "01:00:53", "end": "01:00:56", "text": "pool is there. you trade with the pool"}, {"start": "01:00:55", "end": "01:00:58", "text": "and for them to like you know adapt to"}, {"start": "01:00:56", "end": "01:01:01", "text": "what you want to do it's not possible to"}, {"start": "01:00:58", "end": "01:01:04", "text": "do in real time and RFQ it's you come"}, {"start": "01:01:01", "end": "01:01:06", "text": "with a trade and market maker sees it"}, {"start": "01:01:04", "end": "01:01:08", "text": "and they give you a deal based on the"}, {"start": "01:01:06", "end": "01:01:10", "text": "current market with uh and of course"}, {"start": "01:01:08", "end": "01:01:12", "text": "they take into consideration the"}, {"start": "01:01:10", "end": "01:01:14", "text": "offchain and onchain they do market"}, {"start": "01:01:12", "end": "01:01:17", "text": "making onchain offchain binance by bit"}, {"start": "01:01:14", "end": "01:01:19", "text": "everywhere so this is why ideally if you"}, {"start": "01:01:17", "end": "01:01:21", "text": "trade you should be using cow swap"}, {"start": "01:01:19", "end": "01:01:24", "text": "because normally you're going to get"}, {"start": "01:01:21", "end": "01:01:26", "text": "better execution and unis swap depends"}, {"start": "01:01:24", "end": "01:01:27", "text": "obviously on your amounts how much you"}, {"start": "01:01:26", "end": "01:01:29", "text": "do sometimes it's just a few cents here"}, {"start": "01:01:27", "end": "01:01:33", "text": "and there but uh this is the you know"}, {"start": "01:01:29", "end": "01:01:35", "text": "use case for uh uh for uh the yeah cop"}, {"start": "01:01:33", "end": "01:01:37", "text": "and stuff like that so uh amm retail"}, {"start": "01:01:35", "end": "01:01:39", "text": "meme engine here is where you can have"}, {"start": "01:01:37", "end": "01:01:40", "text": "things pump a lot but also for you it"}, {"start": "01:01:39", "end": "01:01:43", "text": "may be bad execution price you"}, {"start": "01:01:40", "end": "01:01:44", "text": "understand um perfect when you want"}, {"start": "01:01:43", "end": "01:01:46", "text": "anyone to launch a coin in minutes"}, {"start": "01:01:44", "end": "01:01:49", "text": "contra liquidity but the core magic"}, {"start": "01:01:46", "end": "01:01:52", "text": "remains no need for a counterparty does"}, {"start": "01:01:49", "end": "01:01:53", "text": "that and unis swap is of course the the"}, {"start": "01:01:52", "end": "01:01:57", "text": "best example"}, {"start": "01:01:53", "end": "01:01:59", "text": "U clo this is where serious volume"}, {"start": "01:01:57", "end": "01:02:01", "text": "leverage tight execution. Yeah. So for"}, {"start": "01:01:59", "end": "01:02:06", "text": "this for more serious stuff you want to"}, {"start": "01:02:01", "end": "01:02:08", "text": "trade the per big money big uh volume uh"}, {"start": "01:02:06", "end": "01:02:09", "text": "you need good spreads not not you know"}, {"start": "01:02:08", "end": "01:02:12", "text": "everything needs to be efficient."}, {"start": "01:02:09", "end": "01:02:14", "text": "Fantastic. Fantastic. And this request"}, {"start": "01:02:12", "end": "01:02:17", "text": "for quote let's see they say that it's"}, {"start": "01:02:14", "end": "01:02:20", "text": "used by cow swap here or not."}, {"start": "01:02:17", "end": "01:02:22", "text": "You want to move real size. Yeah. Yeah."}, {"start": "01:02:20", "end": "01:02:24", "text": "You want to know exactly the price? One"}, {"start": "01:02:22", "end": "01:02:27", "text": "take put it clearly. Yeah, you can you"}, {"start": "01:02:24", "end": "01:02:29", "text": "can read here more man. You see bull man"}, {"start": "01:02:27", "end": "01:02:30", "text": "AI. Holy crap guys. Fantastic."}, {"start": "01:02:29", "end": "01:02:33", "text": "Fantastic."}, {"start": "01:02:30", "end": "01:02:34", "text": "There you go. Yeah. Hope that answer"}, {"start": "01:02:33", "end": "01:02:37", "text": "answers your question about different"}, {"start": "01:02:34", "end": "01:02:39", "text": "AMM types."}, {"start": "01:02:37", "end": "01:02:42", "text": "Guys, listen. That's it. Thank you so"}, {"start": "01:02:39", "end": "01:02:46", "text": "much for being here. We are now on the"}, {"start": "01:02:42", "end": "01:02:48", "text": "brink of a big fat bull market."}, {"start": "01:02:46", "end": "01:02:51", "text": "All the volatility"}, {"start": "01:02:48", "end": "01:02:52", "text": "does not"}, {"start": "01:02:51", "end": "01:02:55", "text": "don't matter. I I don't think it matters"}, {"start": "01:02:52", "end": "01:02:58", "text": "too much. A bit down, a bit up. You"}, {"start": "01:02:55", "end": "01:03:03", "text": "know, it's it's if you're emotional,"}, {"start": "01:02:58", "end": "01:03:03", "text": "relax. Take it easy."}, {"start": "01:03:05", "end": "01:03:11", "text": "Relax. Or what what is this song? Is it"}, {"start": "01:03:07", "end": "01:03:13", "text": "relax? Yeah, it's relax. Listen, don't"}, {"start": "01:03:11", "end": "01:03:14", "text": "overoptimize too much. It's bull trend"}, {"start": "01:03:13", "end": "01:03:16", "text": "now. You're bullish when it's bullish."}, {"start": "01:03:14", "end": "01:03:18", "text": "You're bearish when it's bearish. You"}, {"start": "01:03:16", "end": "01:03:20", "text": "don't have to be"}, {"start": "01:03:18", "end": "01:03:22", "text": "neurotic. Maybe we go down. Okay, buy"}, {"start": "01:03:20", "end": "01:03:24", "text": "more if we go down. All dips are for"}, {"start": "01:03:22", "end": "01:03:26", "text": "buying again. We don't know what's going"}, {"start": "01:03:24", "end": "01:03:28", "text": "to happen exact. Maybe we go down first."}, {"start": "01:03:26", "end": "01:03:29", "text": "Okay, buy the dip. Buy the dip. Simple."}, {"start": "01:03:28", "end": "01:03:30", "text": "Buy the dip. We go down first. Buy the"}, {"start": "01:03:29", "end": "01:03:32", "text": "dip. It's still going to be more bullish"}, {"start": "01:03:30", "end": "01:03:36", "text": "than bearish. Now it's time to be"}, {"start": "01:03:32", "end": "01:03:38", "text": "bullish. Now it's time to be bullish."}, {"start": "01:03:36", "end": "01:03:39", "text": "Can you write that? So you understand?"}, {"start": "01:03:38", "end": "01:03:43", "text": "Now it's time to be bullish. You"}, {"start": "01:03:39", "end": "01:03:46", "text": "understand? You don't understand."}, {"start": "01:03:43", "end": "01:03:49", "text": "Thank you very much. Big shout out to"}, {"start": "01:03:46", "end": "01:03:52", "text": "Dab for time stamping us. Big big shout"}, {"start": "01:03:49", "end": "01:03:54", "text": "out. Um to join Bulmania. Currently you"}, {"start": "01:03:52", "end": "01:03:56", "text": "cannot do it, but if you go to the"}, {"start": "01:03:54", "end": "01:03:59", "text": "newsletter, that's going to be the first"}, {"start": "01:03:56", "end": "01:04:01", "text": "place to to be alerted. Have a good good"}, {"start": "01:03:59", "end": "01:04:04", "text": "uh time. Model portfolio is coming to"}, {"start": "01:04:01", "end": "01:04:06", "text": "Bulmania members uh this week. Uh enjoy"}, {"start": "01:04:04", "end": "01:04:07", "text": "your uh Monday. Have a good day. We're"}, {"start": "01:04:06", "end": "01:04:11", "text": "going to be back tomorrow. And goodbye,"}, {"start": "01:04:07", "end": "01:04:11", "text": "guys. Goodbye. Goodbye. Bye."}]

[{"start": "00:00:02", "end": "00:00:06", "text": "Oh yes. Oh yes. Oh yes. Oh yes. Guys,"}, {"start": "00:00:04", "end": "00:00:09", "text": "welcome to another episode. And as right"}, {"start": "00:00:06", "end": "00:00:11", "text": "now, Bitcoin is going down to 77. And"}, {"start": "00:00:09", "end": "00:00:14", "text": "many people are asking, Ivan, what's"}, {"start": "00:00:11", "end": "00:00:17", "text": "going to happen? Will we see will we see"}, {"start": "00:00:14", "end": "00:00:20", "text": "a B pattern? Will we see a bush Khalifa"}, {"start": "00:00:17", "end": "00:00:22", "text": "pattern all the way down here into the"}, {"start": "00:00:20", "end": "00:00:24", "text": "sixes? And here is where it's very"}, {"start": "00:00:22", "end": "00:00:26", "text": "important to understand that we are in a"}, {"start": "00:00:24", "end": "00:00:29", "text": "bull trend. Anything can happen. Even in"}, {"start": "00:00:26", "end": "00:00:32", "text": "a bull trend, the probabilities are the"}, {"start": "00:00:29", "end": "00:00:34", "text": "highest for continuation to the upside."}, {"start": "00:00:32", "end": "00:00:37", "text": "But just like here in 2023, you remember"}, {"start": "00:00:34", "end": "00:00:40", "text": "that we went into bull trend and then"}, {"start": "00:00:37", "end": "00:00:43", "text": "actually what happened? We went up a bit"}, {"start": "00:00:40", "end": "00:00:45", "text": "and then we went below the flip level."}, {"start": "00:00:43", "end": "00:00:48", "text": "Below the flip level. So everyone needs"}, {"start": "00:00:45", "end": "00:00:49", "text": "to sit tight in the boat. We can sit"}, {"start": "00:00:48", "end": "00:00:52", "text": "tight in the boat. Why? Because we"}, {"start": "00:00:49", "end": "00:00:53", "text": "manage risk. If Bitcoin goes to zero,"}, {"start": "00:00:52", "end": "00:00:55", "text": "it's not going to be a surprise for us"}, {"start": "00:00:53", "end": "00:00:58", "text": "because as you can see here, there is a"}, {"start": "00:00:55", "end": "00:01:00", "text": "bare trend at 60K approximately. But"}, {"start": "00:00:58", "end": "00:01:04", "text": "this is not the time to be bearish or"}, {"start": "00:01:00", "end": "00:01:07", "text": "concerned or worried in any way in any"}, {"start": "00:01:04", "end": "00:01:09", "text": "way. Why? Because we had a year of the"}, {"start": "00:01:07", "end": "00:01:12", "text": "bear. The year of the bear is gone. The"}, {"start": "00:01:09", "end": "00:01:14", "text": "bear is nowhere to be seen. Now we have"}, {"start": "00:01:12", "end": "00:01:16", "text": "the year of the bull starting right now."}, {"start": "00:01:14", "end": "00:01:20", "text": "Next year is going to be the year of the"}, {"start": "00:01:16", "end": "00:01:22", "text": "bull. And 2028 is also likely going to"}, {"start": "00:01:20", "end": "00:01:25", "text": "be the year of the bull. Meanwhile, you"}, {"start": "00:01:22", "end": "00:01:27", "text": "may have volatility, you may have a bit"}, {"start": "00:01:25", "end": "00:01:30", "text": "of up, a bit of down. Exactly like in"}, {"start": "00:01:27", "end": "00:01:32", "text": "2023, a bit of up, a bit of down. I"}, {"start": "00:01:30", "end": "00:01:35", "text": "mean, here you see it even went to what"}, {"start": "00:01:32", "end": "00:01:39", "text": "is it like 19K it went bull trend and"}, {"start": "00:01:35", "end": "00:01:41", "text": "boop, and then valhalla."}, {"start": "00:01:39", "end": "00:01:43", "text": "So, as you know in markets,"}, {"start": "00:01:41", "end": "00:01:46", "text": "unfortunately, there is never a time"}, {"start": "00:01:43", "end": "00:01:47", "text": "where you are just 100% certain of"}, {"start": "00:01:46", "end": "00:01:50", "text": "anything. there there's never such time."}, {"start": "00:01:47", "end": "00:01:54", "text": "So trying to reach that feeling that"}, {"start": "00:01:50", "end": "00:01:56", "text": "emotion that you're just sitting in your"}, {"start": "00:01:54", "end": "00:01:59", "text": "rocking chair on the ver and you are"}, {"start": "00:01:56", "end": "00:02:01", "text": "100% certain that uh something's going"}, {"start": "00:01:59", "end": "00:02:03", "text": "to happen with your money. It's never"}, {"start": "00:02:01", "end": "00:02:05", "text": "like that. It's not like that in the"}, {"start": "00:02:03", "end": "00:02:06", "text": "bull because in the bull everyone is"}, {"start": "00:02:05", "end": "00:02:08", "text": "always nervous. Is it going to end? Is"}, {"start": "00:02:06", "end": "00:02:10", "text": "it going to end? Is going to be all"}, {"start": "00:02:08", "end": "00:02:12", "text": "season not all season? Will my [�__�] come"}, {"start": "00:02:10", "end": "00:02:14", "text": "back? And in the bear the same thing."}, {"start": "00:02:12", "end": "00:02:15", "text": "People refused the bear for the longest"}, {"start": "00:02:14", "end": "00:02:17", "text": "time. In October we said this bear."}, {"start": "00:02:15", "end": "00:02:19", "text": "People say, \"Oh, no, it's no bear. No"}, {"start": "00:02:17", "end": "00:02:22", "text": "bear, no bear, no bear.\" They refuse the"}, {"start": "00:02:19", "end": "00:02:25", "text": "bear. Then they refuse the bull. So for"}, {"start": "00:02:22", "end": "00:02:27", "text": "the average person, calmness is never"}, {"start": "00:02:25", "end": "00:02:29", "text": "really a reality. But even if you're an"}, {"start": "00:02:27", "end": "00:02:32", "text": "experienced person, you know that"}, {"start": "00:02:29", "end": "00:02:34", "text": "certainty is not is is not possible."}, {"start": "00:02:32", "end": "00:02:36", "text": "It's not even a reality. But you could"}, {"start": "00:02:34", "end": "00:02:38", "text": "get calmness if you know what you're"}, {"start": "00:02:36", "end": "00:02:41", "text": "doing. You manage risk, you know"}, {"start": "00:02:38", "end": "00:02:43", "text": "mechanical rules, etc., etc. And why can"}, {"start": "00:02:41", "end": "00:02:44", "text": "you get calmness even when there is"}, {"start": "00:02:43", "end": "00:02:46", "text": "uncertainty? Because markets are"}, {"start": "00:02:44", "end": "00:02:48", "text": "inherently uncertain. Why? Because you"}, {"start": "00:02:46", "end": "00:02:49", "text": "know that no matter what happens, you're"}, {"start": "00:02:48", "end": "00:02:51", "text": "good. You're positioned. You have risk"}, {"start": "00:02:49", "end": "00:02:54", "text": "management. Should Bitcoin go back to"}, {"start": "00:02:51", "end": "00:02:56", "text": "the 40s. If you have bull mania,"}, {"start": "00:02:54", "end": "00:02:58", "text": "mechanical rules, risk management, it's"}, {"start": "00:02:56", "end": "00:03:00", "text": "okay for it's okay. Now is not even the"}, {"start": "00:02:58", "end": "00:03:02", "text": "time to to to speak too much about that,"}, {"start": "00:03:00", "end": "00:03:04", "text": "but it's it's possible. It could happen."}, {"start": "00:03:02", "end": "00:03:06", "text": "It's unlikely. It could happen. The most"}, {"start": "00:03:04", "end": "00:03:09", "text": "likely scenario is a consensation to the"}, {"start": "00:03:06", "end": "00:03:11", "text": "upside here. As we resolve this sideway"}, {"start": "00:03:09", "end": "00:03:13", "text": "sideway chop, very very very important."}, {"start": "00:03:11", "end": "00:03:14", "text": "As a result, the sideway chop will"}, {"start": "00:03:13", "end": "00:03:17", "text": "continue to upside. And by the way, this"}, {"start": "00:03:14", "end": "00:03:19", "text": "is a mindset to have not only in markets"}, {"start": "00:03:17", "end": "00:03:20", "text": "but in life in general. I mean some of"}, {"start": "00:03:19", "end": "00:03:23", "text": "these people join bulmania and they said"}, {"start": "00:03:20", "end": "00:03:25", "text": "and they they tell me Ivan this mindset"}, {"start": "00:03:23", "end": "00:03:27", "text": "of trading actually it applies to life"}, {"start": "00:03:25", "end": "00:03:30", "text": "in general. I mean there is basically no"}, {"start": "00:03:27", "end": "00:03:34", "text": "certainty of anything. But how can we as"}, {"start": "00:03:30", "end": "00:03:37", "text": "humans still have calmness, serenity?"}, {"start": "00:03:34", "end": "00:03:40", "text": "How can we still be zen and make the"}, {"start": "00:03:37", "end": "00:03:42", "text": "perfect possible moves uh in this"}, {"start": "00:03:40", "end": "00:03:44", "text": "situation in this situation the best"}, {"start": "00:03:42", "end": "00:03:48", "text": "moves in any situation. So at the end of"}, {"start": "00:03:44", "end": "00:03:50", "text": "the day it's more you know philosophical"}, {"start": "00:03:48", "end": "00:03:52", "text": "you know the ancient wisdom is really"}, {"start": "00:03:50", "end": "00:03:54", "text": "coming when you learn about trading"}, {"start": "00:03:52", "end": "00:03:55", "text": "properly. So we can speak about for"}, {"start": "00:03:54", "end": "00:03:57", "text": "hours about this. We can speak about"}, {"start": "00:03:55", "end": "00:04:00", "text": "this for hours but all in all we are"}, {"start": "00:03:57", "end": "00:04:04", "text": "bull trend in a bull trend you're what?"}, {"start": "00:04:00", "end": "00:04:05", "text": "You're bullish. You're bullish"}, {"start": "00:04:04", "end": "00:04:07", "text": "in a bare trend. You're what? You're"}, {"start": "00:04:05", "end": "00:04:09", "text": "bearish. Keep it simple. Bull trend."}, {"start": "00:04:07", "end": "00:04:11", "text": "Bullish. Bear trend. Bearish. That's it."}, {"start": "00:04:09", "end": "00:04:12", "text": "But no, of course you cannot keep it"}, {"start": "00:04:11", "end": "00:04:14", "text": "simple. Especially guys if you're not in"}, {"start": "00:04:12", "end": "00:04:16", "text": "Bulman. I just know you want. I just"}, {"start": "00:04:14", "end": "00:04:19", "text": "know you know your brain. I can tell you"}, {"start": "00:04:16", "end": "00:04:21", "text": "whatever I tell you. You still going to"}, {"start": "00:04:19", "end": "00:04:22", "text": "mess up. Your own brain is going to tell"}, {"start": "00:04:21", "end": "00:04:23", "text": "you things. You're going to watch some"}, {"start": "00:04:22", "end": "00:04:25", "text": "other influencer. You're going to you're"}, {"start": "00:04:23", "end": "00:04:28", "text": "going to mess up. I most people do. Most"}, {"start": "00:04:25", "end": "00:04:30", "text": "people do without proper education. For"}, {"start": "00:04:28", "end": "00:04:33", "text": "example, going through bull mania. still"}, {"start": "00:04:30", "end": "00:04:34", "text": "gonna mess up. I I I Why do I know?"}, {"start": "00:04:33", "end": "00:04:36", "text": "Because we have sometimes people who"}, {"start": "00:04:34", "end": "00:04:38", "text": "want to join Bulmania, they jump on a"}, {"start": "00:04:36", "end": "00:04:40", "text": "call with us and I see they they they"}, {"start": "00:04:38", "end": "00:04:42", "text": "really really think in certainties. For"}, {"start": "00:04:40", "end": "00:04:44", "text": "example, they say, \"Oh, no. Now Bitcoin"}, {"start": "00:04:42", "end": "00:04:46", "text": "is going to go to 100K and this and this"}, {"start": "00:04:44", "end": "00:04:48", "text": "and this.\" But what if it doesn't? I"}, {"start": "00:04:46", "end": "00:04:50", "text": "mean, there is a small possibility risk"}, {"start": "00:04:48", "end": "00:04:51", "text": "that it doesn't. What do you do then?"}, {"start": "00:04:50", "end": "00:04:53", "text": "Oh, and then it's quiet. They don't"}, {"start": "00:04:51", "end": "00:04:54", "text": "know. They don't know. They don't know."}, {"start": "00:04:53", "end": "00:04:56", "text": "Or vice versa. There they still think"}, {"start": "00:04:54", "end": "00:04:58", "text": "we're going to go lower. And what what"}, {"start": "00:04:56", "end": "00:04:59", "text": "if we go up? What if we go up? What's"}, {"start": "00:04:58", "end": "00:05:00", "text": "going to happen? You need to be prepared"}, {"start": "00:04:59", "end": "00:05:02", "text": "for anything. Anyway, go to"}, {"start": "00:05:00", "end": "00:05:03", "text": "bullmania.com/subscribe."}, {"start": "00:05:02", "end": "00:05:05", "text": "Second link in description. Sign up for"}, {"start": "00:05:03", "end": "00:05:06", "text": "the newsletter. Currently, it's"}, {"start": "00:05:05", "end": "00:05:08", "text": "impossible to join us. Bullmania is"}, {"start": "00:05:06", "end": "00:05:10", "text": "closed, but we will be letting you know"}, {"start": "00:05:08", "end": "00:05:13", "text": "on the newsletter. Number one, about the"}, {"start": "00:05:10", "end": "00:05:15", "text": "new spots. Number two, whenever the"}, {"start": "00:05:13", "end": "00:05:17", "text": "market moves, we do newsletter. It's"}, {"start": "00:05:15", "end": "00:05:19", "text": "approximately every week. Number three,"}, {"start": "00:05:17", "end": "00:05:21", "text": "one of you guys who join our free"}, {"start": "00:05:19", "end": "00:05:24", "text": "newsletter is going to get a a free copy"}, {"start": "00:05:21", "end": "00:05:26", "text": "of our book, Big Profits, of my book,"}, {"start": "00:05:24", "end": "00:05:29", "text": "Big Big Big Big Profits. Very, very,"}, {"start": "00:05:26", "end": "00:05:31", "text": "very important. Big shout out to Guzman."}, {"start": "00:05:29", "end": "00:05:34", "text": "And also guys, we have a big"}, {"start": "00:05:31", "end": "00:05:35", "text": "announcement to everyone in the US and"}, {"start": "00:05:34", "end": "00:05:37", "text": "worldwide, but especially in the US"}, {"start": "00:05:35", "end": "00:05:40", "text": "because if you look in the first link of"}, {"start": "00:05:37", "end": "00:05:43", "text": "description, you see a link to Kali. We"}, {"start": "00:05:40", "end": "00:05:45", "text": "have a new partnership with Kalshi. If"}, {"start": "00:05:43", "end": "00:05:48", "text": "you use the link at the top of the"}, {"start": "00:05:45", "end": "00:05:50", "text": "description for Kali, you get big fat"}, {"start": "00:05:48", "end": "00:05:52", "text": "fee cut. Your fees are cut. Very"}, {"start": "00:05:50", "end": "00:05:57", "text": "important. So that's number one. Number"}, {"start": "00:05:52", "end": "00:05:59", "text": "two, you can trade perpetuals in the US."}, {"start": "00:05:57", "end": "00:06:02", "text": "Okay, I want to repeat that you can"}, {"start": "00:05:59", "end": "00:06:05", "text": "trade perpetuals in the US on a fully"}, {"start": "00:06:02", "end": "00:06:07", "text": "regulated platform in the US. Okay,"}, {"start": "00:06:05", "end": "00:06:09", "text": "everyone in the US, you should really"}, {"start": "00:06:07", "end": "00:06:10", "text": "listen to this because every day I have"}, {"start": "00:06:09", "end": "00:06:12", "text": "people saying, \"Ah, Ivan, I cannot use"}, {"start": "00:06:10", "end": "00:06:16", "text": "by beta. I cannot use this. I cannot use"}, {"start": "00:06:12", "end": "00:06:18", "text": "nothing.\" You can use Kali in the US."}, {"start": "00:06:16", "end": "00:06:21", "text": "It's fully regulated. You can do"}, {"start": "00:06:18", "end": "00:06:23", "text": "anything here that uh that you can do in"}, {"start": "00:06:21", "end": "00:06:25", "text": "the US. It's fully fully regulated. You"}, {"start": "00:06:23", "end": "00:06:28", "text": "can go long, you can go short. It's like"}, {"start": "00:06:25", "end": "00:06:30", "text": "buy bit but for Americans but also you"}, {"start": "00:06:28", "end": "00:06:33", "text": "see the interface is nice the interface"}, {"start": "00:06:30", "end": "00:06:36", "text": "is easy and also Americans ask every"}, {"start": "00:06:33", "end": "00:06:39", "text": "time about the tax they're like Ivan how"}, {"start": "00:06:36", "end": "00:06:42", "text": "do I account all of the tax in Kalshi"}, {"start": "00:06:39", "end": "00:06:44", "text": "you do get all of the tax documents"}, {"start": "00:06:42", "end": "00:06:49", "text": "whatever the forms you need to give to"}, {"start": "00:06:44", "end": "00:06:52", "text": "the IRS Khi will give you so for the US"}, {"start": "00:06:49", "end": "00:06:54", "text": "this is this is kind of big big big game"}, {"start": "00:06:52", "end": "00:06:56", "text": "changer this is a big big game changer"}, {"start": "00:06:54", "end": "00:07:00", "text": "is the only perpetual platform regulated"}, {"start": "00:06:56", "end": "00:07:02", "text": "in the US. Okay. And uh you can tra"}, {"start": "00:07:00", "end": "00:07:06", "text": "they're adding a lot of stuff. They have"}, {"start": "00:07:02", "end": "00:07:07", "text": "now added uh this the this coins uh and"}, {"start": "00:07:06", "end": "00:07:09", "text": "metals and metals. They have"}, {"start": "00:07:07", "end": "00:07:11", "text": "approximately 20 pairs now, but they're"}, {"start": "00:07:09", "end": "00:07:12", "text": "going to add a lot a lot a lot. There is"}, {"start": "00:07:11", "end": "00:07:14", "text": "a road map here that's going to be"}, {"start": "00:07:12", "end": "00:07:16", "text": "massive in this bull. For example, uh"}, {"start": "00:07:14", "end": "00:07:18", "text": "metals they just added I think literally"}, {"start": "00:07:16", "end": "00:07:22", "text": "today they added metals. I haven't seen"}, {"start": "00:07:18", "end": "00:07:24", "text": "this yesterday. Okay. So Khi is the way"}, {"start": "00:07:22", "end": "00:07:25", "text": "for the Americans. You get the tax"}, {"start": "00:07:24", "end": "00:07:27", "text": "certificate, whatever you need there"}, {"start": "00:07:25", "end": "00:07:29", "text": "with your trading, all the all the"}, {"start": "00:07:27", "end": "00:07:30", "text": "losses you made or all the gains you"}, {"start": "00:07:29", "end": "00:07:32", "text": "made. Okay, you get that. And if you use"}, {"start": "00:07:30", "end": "00:07:34", "text": "the first link in description, you do"}, {"start": "00:07:32", "end": "00:07:37", "text": "get the best deal possible. So, click,"}, {"start": "00:07:34", "end": "00:07:39", "text": "click, click as soon as possible. Get on"}, {"start": "00:07:37", "end": "00:07:40", "text": "KI. It is the way for us. And by the"}, {"start": "00:07:39", "end": "00:07:43", "text": "way, if you're non US, you can also use"}, {"start": "00:07:40", "end": "00:07:44", "text": "it. It's also possible for non US, but"}, {"start": "00:07:43", "end": "00:07:45", "text": "for you, it's not a game changer because"}, {"start": "00:07:44", "end": "00:07:47", "text": "you have by bit, you have wheat, you"}, {"start": "00:07:45", "end": "00:07:49", "text": "have all kinds of stuff. But of course,"}, {"start": "00:07:47", "end": "00:07:51", "text": "if you're non US and you also want a new"}, {"start": "00:07:49", "end": "00:07:53", "text": "exchange, a new deal, this and that, go"}, {"start": "00:07:51", "end": "00:07:55", "text": "and check it as well in the uh link"}, {"start": "00:07:53", "end": "00:07:57", "text": "below. Uh but for the US guys,"}, {"start": "00:07:55", "end": "00:07:59", "text": "fantastic. Big congratulations to all"}, {"start": "00:07:57", "end": "00:08:01", "text": "the Americans. I know the pain. I And we"}, {"start": "00:07:59", "end": "00:08:04", "text": "have like five guys per day in Bulmania"}, {"start": "00:08:01", "end": "00:08:05", "text": "asking us, Ivan, what about the US?"}, {"start": "00:08:04", "end": "00:08:07", "text": "What's going to happen? We cannot trade."}, {"start": "00:08:05", "end": "00:08:10", "text": "And then they have to hustle with like"}, {"start": "00:08:07", "end": "00:08:14", "text": "VPN and stuff and be like refugees."}, {"start": "00:08:10", "end": "00:08:16", "text": "Refugees hiding. Hiding. They're saying"}, {"start": "00:08:14", "end": "00:08:19", "text": "I'm No, I'm not US. I'm Mexican. I'm"}, {"start": "00:08:16", "end": "00:08:21", "text": "Mexican. I'm BPN Mexavore."}, {"start": "00:08:19", "end": "00:08:24", "text": "Let me in."}, {"start": "00:08:21", "end": "00:08:27", "text": "Let me in. I'm not America. I'm Mexico."}, {"start": "00:08:24", "end": "00:08:30", "text": "Mexico City. Yes. I am not John Muan"}, {"start": "00:08:27", "end": "00:08:33", "text": "from Mexico City. Guys, no more. No"}, {"start": "00:08:30", "end": "00:08:35", "text": "more. Go to K first in description."}, {"start": "00:08:33", "end": "00:08:36", "text": "Anyway, that's very very important. And"}, {"start": "00:08:35", "end": "00:08:37", "text": "also, you want to use regulated"}, {"start": "00:08:36", "end": "00:08:39", "text": "platform. Why? Because you're safe"}, {"start": "00:08:37", "end": "00:08:41", "text": "there. You're safe. Okay? When you are"}, {"start": "00:08:39", "end": "00:08:43", "text": "when you're lying about your uh"}, {"start": "00:08:41", "end": "00:08:44", "text": "location, you're not safe. I mean,"}, {"start": "00:08:43", "end": "00:08:46", "text": "you're literally unregulated. You have"}, {"start": "00:08:44", "end": "00:08:49", "text": "no protection guys. You understand?"}, {"start": "00:08:46", "end": "00:08:51", "text": "Moving on. There is a lot of fear in the"}, {"start": "00:08:49", "end": "00:08:53", "text": "uh stock market. Stock market is fearful"}, {"start": "00:08:51", "end": "00:08:55", "text": "but holding up quite okay for now at"}, {"start": "00:08:53", "end": "00:08:59", "text": "least. Why is stock market a bit fearful"}, {"start": "00:08:55", "end": "00:09:01", "text": "now? Because there is a problem with the"}, {"start": "00:08:59", "end": "00:09:03", "text": "energy prices. Energy prices very very"}, {"start": "00:09:01", "end": "00:09:06", "text": "high. Diesel for example hits alltime"}, {"start": "00:09:03", "end": "00:09:11", "text": "high. Brand going up. There is problem"}, {"start": "00:09:06", "end": "00:09:13", "text": "with uh hooties with Saudi. Saudi and"}, {"start": "00:09:11", "end": "00:09:15", "text": "hooties have some issue. There is a"}, {"start": "00:09:13", "end": "00:09:17", "text": "conflict in the Middle East like always."}, {"start": "00:09:15", "end": "00:09:20", "text": "There's always something there in this"}, {"start": "00:09:17", "end": "00:09:23", "text": "Middle East. So always some kind of"}, {"start": "00:09:20", "end": "00:09:24", "text": "problem there. Anyway, now you have the"}, {"start": "00:09:23", "end": "00:09:29", "text": "increase in oil prices. That's number"}, {"start": "00:09:24", "end": "00:09:32", "text": "one. Number two, you have the PPI coming"}, {"start": "00:09:29", "end": "00:09:34", "text": "out and PPI being higher than expected."}, {"start": "00:09:32", "end": "00:09:37", "text": "Um so the market is expected a bit"}, {"start": "00:09:34", "end": "00:09:40", "text": "lower. PPI now is higher. So inflation"}, {"start": "00:09:37", "end": "00:09:43", "text": "is a bit higher than expected. Based on"}, {"start": "00:09:40", "end": "00:09:46", "text": "this the treasury yields have gone up."}, {"start": "00:09:43", "end": "00:09:48", "text": "Basically means that the demand for US"}, {"start": "00:09:46", "end": "00:09:50", "text": "treasuries is going down. When the"}, {"start": "00:09:48", "end": "00:09:53", "text": "demand is going down, yield is going up."}, {"start": "00:09:50", "end": "00:09:55", "text": "So this is a signal that basically the"}, {"start": "00:09:53", "end": "00:09:57", "text": "the financial markets are not trusting"}, {"start": "00:09:55", "end": "00:10:00", "text": "the US as much. They're afraid for"}, {"start": "00:09:57", "end": "00:10:02", "text": "hyperinflation. When you buy US debt,"}, {"start": "00:10:00", "end": "00:10:05", "text": "you get paid in dollars. So if you're"}, {"start": "00:10:02", "end": "00:10:07", "text": "afraid of inflation, you want to have a"}, {"start": "00:10:05", "end": "00:10:09", "text": "higher yield. You want that the bonds"}, {"start": "00:10:07", "end": "00:10:11", "text": "have a high yield so that in case"}, {"start": "00:10:09", "end": "00:10:13", "text": "there's inflation you will be"}, {"start": "00:10:11", "end": "00:10:16", "text": "compensated by this yield because I mean"}, {"start": "00:10:13", "end": "00:10:19", "text": "imagine yourself you let's say you you"}, {"start": "00:10:16", "end": "00:10:21", "text": "lend money to the US and you get uh 5%"}, {"start": "00:10:19", "end": "00:10:23", "text": "per year like now but imagine the"}, {"start": "00:10:21", "end": "00:10:25", "text": "inflation is 20% per year so it doesn't"}, {"start": "00:10:23", "end": "00:10:27", "text": "matter that you get 5%. So you would"}, {"start": "00:10:25", "end": "00:10:29", "text": "demand higher yield you would demand"}, {"start": "00:10:27", "end": "00:10:32", "text": "higher yield so this is very important"}, {"start": "00:10:29", "end": "00:10:35", "text": "that um as inflation fears increase the"}, {"start": "00:10:32", "end": "00:10:37", "text": "yields in the bond markets also"}, {"start": "00:10:35", "end": "00:10:39", "text": "increase. Now some people are saying"}, {"start": "00:10:37", "end": "00:10:41", "text": "Mike Alfred are saying we should use"}, {"start": "00:10:39", "end": "00:10:43", "text": "they should use uh what is her name?"}, {"start": "00:10:41", "end": "00:10:47", "text": "Sweenie. Sweeny what's her name first"}, {"start": "00:10:43", "end": "00:10:51", "text": "name? Uh Sudney. Sudney man I I forgot."}, {"start": "00:10:47", "end": "00:10:53", "text": "Sudney Sweeney she should promote US"}, {"start": "00:10:51", "end": "00:10:55", "text": "treasury safe secure. Sweeny because the"}, {"start": "00:10:53", "end": "00:10:57", "text": "best investments aren't just smart"}, {"start": "00:10:55", "end": "00:11:00", "text": "they're timeless."}, {"start": "00:10:57", "end": "00:11:03", "text": "Get into bond stability looks good on"}, {"start": "00:11:00", "end": "00:11:05", "text": "you. Risk I'm not into it. Get the"}, {"start": "00:11:03", "end": "00:11:06", "text": "treasuries. Let's see guys. Let's see."}, {"start": "00:11:05", "end": "00:11:08", "text": "All in all, they need to promote. They"}, {"start": "00:11:06", "end": "00:11:10", "text": "need to promote this bonds like there's"}, {"start": "00:11:08", "end": "00:11:11", "text": "no tomorrow. Bessant, he's trying to"}, {"start": "00:11:10", "end": "00:11:14", "text": "promote. Bessant is trying to promote."}, {"start": "00:11:11", "end": "00:11:16", "text": "He's saying that he is the house that he"}, {"start": "00:11:14", "end": "00:11:18", "text": "knows that the treasuries are a good"}, {"start": "00:11:16", "end": "00:11:20", "text": "deal because he's going to pump them."}, {"start": "00:11:18", "end": "00:11:21", "text": "But for now, they're not really pumping."}, {"start": "00:11:20", "end": "00:11:23", "text": "For now, the treasuries are not really"}, {"start": "00:11:21", "end": "00:11:26", "text": "pumping. And of course, the fears are"}, {"start": "00:11:23", "end": "00:11:28", "text": "that the Fed will hike interest rates"}, {"start": "00:11:26", "end": "00:11:31", "text": "next week. This is the fear. And the"}, {"start": "00:11:28", "end": "00:11:33", "text": "fear is pressing down the stock market."}, {"start": "00:11:31", "end": "00:11:35", "text": "But to be fair, the stock market is not"}, {"start": "00:11:33", "end": "00:11:38", "text": "dumping a lot. It's not. It's just 1%"}, {"start": "00:11:35", "end": "00:11:40", "text": "here and there. So whatever the fear,"}, {"start": "00:11:38", "end": "00:11:41", "text": "it's it's not massive. It's not massive."}, {"start": "00:11:40", "end": "00:11:43", "text": "And as you know for crypto, we don't"}, {"start": "00:11:41", "end": "00:11:46", "text": "even care about the interest rates at"}, {"start": "00:11:43", "end": "00:11:47", "text": "this stage because uh we have gone"}, {"start": "00:11:46", "end": "00:11:49", "text": "through the bear. We have gone through"}, {"start": "00:11:47", "end": "00:11:51", "text": "the bear and like I showed you yesterday"}, {"start": "00:11:49", "end": "00:11:53", "text": "even if interest rates go up. It does"}, {"start": "00:11:51", "end": "00:11:56", "text": "not matter because look here in the last"}, {"start": "00:11:53", "end": "00:11:59", "text": "uh bull market. As soon as we went into"}, {"start": "00:11:56", "end": "00:12:00", "text": "bull trend, Bitcoin continued up. Even"}, {"start": "00:11:59", "end": "00:12:03", "text": "though, as you can see here, the"}, {"start": "00:12:00", "end": "00:12:06", "text": "interest rates actually increased. Right"}, {"start": "00:12:03", "end": "00:12:08", "text": "after the bull flip in 2023, you did"}, {"start": "00:12:06", "end": "00:12:10", "text": "have a rate hike just literally two"}, {"start": "00:12:08", "end": "00:12:12", "text": "weeks later and then another rate hike a"}, {"start": "00:12:10", "end": "00:12:14", "text": "few weeks later and then another rate"}, {"start": "00:12:12", "end": "00:12:16", "text": "hike a few weeks later and then another"}, {"start": "00:12:14", "end": "00:12:18", "text": "rate hike a few a few weeks later. So,"}, {"start": "00:12:16", "end": "00:12:21", "text": "in the span of literally how many"}, {"start": "00:12:18", "end": "00:12:24", "text": "months? Like six months, it had one,"}, {"start": "00:12:21", "end": "00:12:26", "text": "two, three, four rate hikes. last bull"}, {"start": "00:12:24", "end": "00:12:27", "text": "market and it was still, you know, the"}, {"start": "00:12:26", "end": "00:12:30", "text": "bull market still happened. We still"}, {"start": "00:12:27", "end": "00:12:32", "text": "went very very high. The shitcoin still"}, {"start": "00:12:30", "end": "00:12:35", "text": "moonmed. Pepe and the dog with hat still"}, {"start": "00:12:32", "end": "00:12:37", "text": "were created even though the the the"}, {"start": "00:12:35", "end": "00:12:39", "text": "rates went up. So, as you can see, for"}, {"start": "00:12:37", "end": "00:12:41", "text": "us currently after a bear, it's not a"}, {"start": "00:12:39", "end": "00:12:42", "text": "big problem with the with the with the"}, {"start": "00:12:41", "end": "00:12:44", "text": "rates. And in fact, as you can see here,"}, {"start": "00:12:42", "end": "00:12:47", "text": "they started to decrease rates and we"}, {"start": "00:12:44", "end": "00:12:49", "text": "dumped. Why? because the price action is"}, {"start": "00:12:47", "end": "00:12:52", "text": "disconnected from the rates in the short"}, {"start": "00:12:49", "end": "00:12:54", "text": "term especially when you have a big fat"}, {"start": "00:12:52", "end": "00:12:56", "text": "bull market and then the demand"}, {"start": "00:12:54", "end": "00:12:57", "text": "disappears for many different reasons. I"}, {"start": "00:12:56", "end": "00:12:59", "text": "mean one reason is just that everyone"}, {"start": "00:12:57", "end": "00:13:02", "text": "who wanted to buy already bought. Trump"}, {"start": "00:12:59", "end": "00:13:04", "text": "already pumped us. So the market"}, {"start": "00:13:02", "end": "00:13:07", "text": "psychology and the market dynamics are"}, {"start": "00:13:04", "end": "00:13:08", "text": "way more important than external factors"}, {"start": "00:13:07", "end": "00:13:10", "text": "like for example the interest rate. Of"}, {"start": "00:13:08", "end": "00:13:13", "text": "course, interest rate long-term is good"}, {"start": "00:13:10", "end": "00:13:15", "text": "if it goes down, but in terms of, you"}, {"start": "00:13:13", "end": "00:13:18", "text": "know, this year, this quarter, the"}, {"start": "00:13:15", "end": "00:13:21", "text": "biggest impact is the balance of supply"}, {"start": "00:13:18", "end": "00:13:24", "text": "and demand. And if you've had a year of"}, {"start": "00:13:21", "end": "00:13:26", "text": "down, the the balance is such that"}, {"start": "00:13:24", "end": "00:13:27", "text": "everyone who wanted to sell already"}, {"start": "00:13:26", "end": "00:13:30", "text": "sold. I mean, there's not many people"}, {"start": "00:13:27", "end": "00:13:32", "text": "left to sell. So, this means that the"}, {"start": "00:13:30", "end": "00:13:34", "text": "balance is more that you have people"}, {"start": "00:13:32", "end": "00:13:35", "text": "buying Bitcoin that the balance of"}, {"start": "00:13:34", "end": "00:13:37", "text": "supply and demand decides that most"}, {"start": "00:13:35", "end": "00:13:39", "text": "people are sidelined. Okay, that's the"}, {"start": "00:13:37", "end": "00:13:40", "text": "most important thing and that's why"}, {"start": "00:13:39", "end": "00:13:41", "text": "price are likely to go up in my opinion."}, {"start": "00:13:40", "end": "00:13:43", "text": "That's how I see it. That's why I'm"}, {"start": "00:13:41", "end": "00:13:45", "text": "acting. You do what you want. You do"}, {"start": "00:13:43", "end": "00:13:46", "text": "what you want. You round trip, you do"}, {"start": "00:13:45", "end": "00:13:48", "text": "what you want. You miss bull market."}, {"start": "00:13:46", "end": "00:13:49", "text": "Good for you. Good for you. You do what"}, {"start": "00:13:48", "end": "00:13:52", "text": "you want. I'm not telling you what you"}, {"start": "00:13:49", "end": "00:13:54", "text": "do. I'm telling you what I do. You You"}, {"start": "00:13:52", "end": "00:13:55", "text": "watch 500 influencers. One one tells you"}, {"start": "00:13:54", "end": "00:13:58", "text": "bullish, one tells you bearish. You run"}, {"start": "00:13:55", "end": "00:14:00", "text": "around. I don't know what else you do."}, {"start": "00:13:58", "end": "00:14:02", "text": "What else? Let me know in the comments."}, {"start": "00:14:00", "end": "00:14:04", "text": "I'm telling you what I'm doing. I'm"}, {"start": "00:14:02", "end": "00:14:07", "text": "telling you what I'm doing. I'm telling"}, {"start": "00:14:04", "end": "00:14:07", "text": "you how I'm seeing it."}, {"start": "00:14:08", "end": "00:14:14", "text": "And I can tell you I'm quite relaxed"}, {"start": "00:14:11", "end": "00:14:16", "text": "here. Not because it's 100% certain. I'm"}, {"start": "00:14:14", "end": "00:14:17", "text": "100% certain of anything. In fact, I'm"}, {"start": "00:14:16", "end": "00:14:18", "text": "humble. I'm very I'm the humblest"}, {"start": "00:14:17", "end": "00:14:20", "text": "YouTuber. I'm telling you I actually"}, {"start": "00:14:18", "end": "00:14:22", "text": "don't know what's going to happen. I"}, {"start": "00:14:20", "end": "00:14:23", "text": "just tell you what I do. Okay? I don't"}, {"start": "00:14:22", "end": "00:14:24", "text": "know what's going to happen. Maybe we'll"}, {"start": "00:14:23", "end": "00:14:26", "text": "go down. If we go down, boop, stop loss,"}, {"start": "00:14:24", "end": "00:14:29", "text": "boop, bare trend, we're out. We're out."}, {"start": "00:14:26", "end": "00:14:30", "text": "We're out. We're out. We're protected to"}, {"start": "00:14:29", "end": "00:14:33", "text": "the downside. We have very limited"}, {"start": "00:14:30", "end": "00:14:36", "text": "downside, but we have infinite upside."}, {"start": "00:14:33", "end": "00:14:38", "text": "We have infinite upside. And the bet is"}, {"start": "00:14:36", "end": "00:14:40", "text": "so nice here that uh I'm bullish. I'm"}, {"start": "00:14:38", "end": "00:14:43", "text": "bullish like hell, guys. I'm bullish"}, {"start": "00:14:40", "end": "00:14:44", "text": "like hell. But bullish like hell does"}, {"start": "00:14:43", "end": "00:14:46", "text": "not mean that it's a certain scene. And"}, {"start": "00:14:44", "end": "00:14:47", "text": "that's the reason I can be calm is"}, {"start": "00:14:46", "end": "00:14:49", "text": "because we have a plan for freaking"}, {"start": "00:14:47", "end": "00:14:50", "text": "anything. Whatever happens, we're going"}, {"start": "00:14:49", "end": "00:14:52", "text": "to be okay. We're going to make money, a"}, {"start": "00:14:50", "end": "00:14:53", "text": "lot of money. Whatever happens, that's"}, {"start": "00:14:52", "end": "00:14:55", "text": "the best position to be in. We"}, {"start": "00:14:53", "end": "00:14:58", "text": "prioritize money making. Whatever the"}, {"start": "00:14:55", "end": "00:14:59", "text": "market does, good. Prioritize money"}, {"start": "00:14:58", "end": "00:15:02", "text": "making. Whatever chart is going to be"}, {"start": "00:14:59", "end": "00:15:04", "text": "great. So, that's that. Moving on. Um"}, {"start": "00:15:02", "end": "00:15:06", "text": "yeah, bonds. Let uh let me know guys if"}, {"start": "00:15:04", "end": "00:15:08", "text": "you would be falling for this kind of"}, {"start": "00:15:06", "end": "00:15:09", "text": "advertisement. Uh you may get hit by"}, {"start": "00:15:08", "end": "00:15:11", "text": "hyperinflation. If you fall too much"}, {"start": "00:15:09", "end": "00:15:14", "text": "about buying bonds that hyperinflate."}, {"start": "00:15:11", "end": "00:15:16", "text": "Let's see. Buying Bitcoin is better. You"}, {"start": "00:15:14", "end": "00:15:19", "text": "better buy Bitcoin. Yes, that's it. Look"}, {"start": "00:15:16", "end": "00:15:23", "text": "here guys. Brian. Brian he has so shiny"}, {"start": "00:15:19", "end": "00:15:25", "text": "uh head it's amazing. I mean there is"}, {"start": "00:15:23", "end": "00:15:27", "text": "when a founder has shiny head it's good."}, {"start": "00:15:25", "end": "00:15:30", "text": "Like there are a few of them. You have"}, {"start": "00:15:27", "end": "00:15:31", "text": "Brian Armstrong you have Mark Andre."}, {"start": "00:15:30", "end": "00:15:33", "text": "you. Yeah, you have like a few of them"}, {"start": "00:15:31", "end": "00:15:34", "text": "who are uh there's some power there."}, {"start": "00:15:33", "end": "00:15:36", "text": "There's some power there. Anyway, he's"}, {"start": "00:15:34", "end": "00:15:40", "text": "saying we have bottomed and that's"}, {"start": "00:15:36", "end": "00:15:43", "text": "fantastic. Let's listen to this."}, {"start": "00:15:40", "end": "00:15:47", "text": "Uh Bitcoin is trading just below uh the"}, {"start": "00:15:43", "end": "00:15:51", "text": "80,000 handle. Uh do you still believe"}, {"start": "00:15:47", "end": "00:15:54", "text": "that we could see Bitcoin 400,000 by the"}, {"start": "00:15:51", "end": "00:15:55", "text": "year 2030? And what would it take to get"}, {"start": "00:15:54", "end": "00:15:57", "text": "there?"}, {"start": "00:15:55", "end": "00:15:59", "text": ">> Uh the short answer is yes. I do think"}, {"start": "00:15:57", "end": "00:16:02", "text": "that that's a reasonable target by 2030."}, {"start": "00:15:59", "end": "00:16:03", "text": "And uh if you follow crypto, you know,"}, {"start": "00:16:02", "end": "00:16:05", "text": "it typically will go through these"}, {"start": "00:16:03", "end": "00:16:07", "text": "four-earish cycles. Um there'll be a"}, {"start": "00:16:05", "end": "00:16:09", "text": "runup, some euphor, some euphoria,"}, {"start": "00:16:07", "end": "00:16:11", "text": "there'll be a down period. Most of the"}, {"start": "00:16:09", "end": "00:16:12", "text": "down periods last about a year, and"}, {"start": "00:16:11", "end": "00:16:15", "text": "we've actually just come across the"}, {"start": "00:16:12", "end": "00:16:17", "text": "one-year mark for this down period. And"}, {"start": "00:16:15", "end": "00:16:20", "text": "so I personally believe that uh the"}, {"start": "00:16:17", "end": "00:16:22", "text": "bottom is in on on Bitcoin in this most"}, {"start": "00:16:20", "end": "00:16:25", "text": "recent cycle. We've already seen it come"}, {"start": "00:16:22", "end": "00:16:26", "text": "up from 60K or so. And a lot of people"}, {"start": "00:16:25", "end": "00:16:28", "text": "will be watching this clarity act and if"}, {"start": "00:16:26", "end": "00:16:30", "text": "it fails, you know, the subsequent rulem"}, {"start": "00:16:28", "end": "00:16:32", "text": "that comes out after that and then"}, {"start": "00:16:30", "end": "00:16:33", "text": "there's another Bitcoin having event"}, {"start": "00:16:32", "end": "00:16:35", "text": "that's I don't know about a year and a"}, {"start": "00:16:33", "end": "00:16:36", "text": "half out and we tend to see run-ups in"}, {"start": "00:16:35", "end": "00:16:38", "text": "advance of that. So I think the next"}, {"start": "00:16:36", "end": "00:16:40", "text": "year or two is going to be good for"}, {"start": "00:16:38", "end": "00:16:42", "text": "Bitcoin and we'll see what happens."}, {"start": "00:16:40", "end": "00:16:43", "text": ">> Oh yes guys, it's going to be I agree. I"}, {"start": "00:16:42", "end": "00:16:46", "text": "agree. I fully agree. And by the way"}, {"start": "00:16:43", "end": "00:16:47", "text": "guys, as you know, some people they will"}, {"start": "00:16:46", "end": "00:16:49", "text": "be bullish just for clicks. I'm not"}, {"start": "00:16:47", "end": "00:16:50", "text": "bullish for clicks, man. I was bearish"}, {"start": "00:16:49", "end": "00:16:52", "text": "when everyone was was bullish in"}, {"start": "00:16:50", "end": "00:16:54", "text": "October. I just tell you what I do. I"}, {"start": "00:16:52", "end": "00:16:57", "text": "just sell what I do. I'm not gonna blow"}, {"start": "00:16:54", "end": "00:16:58", "text": "smoke up your ass telling you, \"Oh, be"}, {"start": "00:16:57", "end": "00:17:00", "text": "bullish. Be bullish.\" Freaking bare"}, {"start": "00:16:58", "end": "00:17:02", "text": "markets, MAN. OH, IN OCTOBER, BE"}, {"start": "00:17:00", "end": "00:17:03", "text": "BULLISH. It's gonna be bull. We're gonna"}, {"start": "00:17:02", "end": "00:17:05", "text": "go down. I told you we're going to go"}, {"start": "00:17:03", "end": "00:17:06", "text": "down. We're going to go down. In May,"}, {"start": "00:17:05", "end": "00:17:08", "text": "people told you, \"Oh, be bullish. Be"}, {"start": "00:17:06", "end": "00:17:11", "text": "bullish.\" They want they milk you. They"}, {"start": "00:17:08", "end": "00:17:15", "text": "milk you for engagement because they"}, {"start": "00:17:11", "end": "00:17:18", "text": "know your brain wants bullish. They tell"}, {"start": "00:17:15", "end": "00:17:20", "text": "for they for milking you. They milk you."}, {"start": "00:17:18", "end": "00:17:22", "text": "We're not milking you. We are here"}, {"start": "00:17:20", "end": "00:17:25", "text": "telling you straight up when it's"}, {"start": "00:17:22", "end": "00:17:26", "text": "bullish is bullish. When it's bearish is"}, {"start": "00:17:25", "end": "00:17:28", "text": "bearish. Even if you don't if you don't"}, {"start": "00:17:26", "end": "00:17:30", "text": "want to hear, I still tell you bearish."}, {"start": "00:17:28", "end": "00:17:31", "text": "But now it's bullish. Okay, maybe people"}, {"start": "00:17:30", "end": "00:17:33", "text": "don't want to hear that. They're like, I"}, {"start": "00:17:31", "end": "00:17:35", "text": "thought we're going to go lower. Not in"}, {"start": "00:17:33", "end": "00:17:36", "text": "bull trend, man. Not in bull trend."}, {"start": "00:17:35", "end": "00:17:39", "text": "That's that. That's that. Guys, look"}, {"start": "00:17:36", "end": "00:17:41", "text": "here. Fed, dear, dear. Fed is going to"}, {"start": "00:17:39", "end": "00:17:43", "text": "inject two billion into the market"}, {"start": "00:17:41", "end": "00:17:45", "text": "tomorrow. They're going to inject the"}, {"start": "00:17:43", "end": "00:17:46", "text": "liquidity and liquidity is going to go"}, {"start": "00:17:45", "end": "00:17:48", "text": "somewhere. It's going to go into risk"}, {"start": "00:17:46", "end": "00:17:50", "text": "assets eventually. So, they're going to"}, {"start": "00:17:48", "end": "00:17:52", "text": "go into bonds first. They really have to"}, {"start": "00:17:50", "end": "00:17:55", "text": "get it under control. The bond market"}, {"start": "00:17:52", "end": "00:17:58", "text": "now is not under control. They need to"}, {"start": "00:17:55", "end": "00:18:01", "text": "get the bond market under control."}, {"start": "00:17:58", "end": "00:18:04", "text": "Inject liquidity. Bid, bid, bid, bid,"}, {"start": "00:18:01", "end": "00:18:07", "text": "bid, bid, bid, bid, bid, bid, bid. Okay,"}, {"start": "00:18:04", "end": "00:18:11", "text": "very important. Bid up the bonds. If"}, {"start": "00:18:07", "end": "00:18:13", "text": "you're best, bid up the bonds. Very"}, {"start": "00:18:11", "end": "00:18:14", "text": "important. So, yeah, I I think at the"}, {"start": "00:18:13", "end": "00:18:16", "text": "end of the day, they're going to beat"}, {"start": "00:18:14", "end": "00:18:20", "text": "them up. Liquidity is going to be"}, {"start": "00:18:16", "end": "00:18:23", "text": "deployed. And we have our dear dear"}, {"start": "00:18:20", "end": "00:18:26", "text": "Hunter. Guys, Hunter, what's happening?"}, {"start": "00:18:23", "end": "00:18:28", "text": "We told you be careful with Hunter. He's"}, {"start": "00:18:26", "end": "00:18:32", "text": "going to he's going to rugpool. He's"}, {"start": "00:18:28", "end": "00:18:34", "text": "saying he is responsible now. Uh"}, {"start": "00:18:32", "end": "00:18:36", "text": "why is he in a car? Why does he look"}, {"start": "00:18:34", "end": "00:18:39", "text": "broke? Uh I don't get confidence when"}, {"start": "00:18:36", "end": "00:18:42", "text": "the founder is in is it is Honda Civic"}, {"start": "00:18:39", "end": "00:18:44", "text": "where he is? Uh uh uh he he doesn't look"}, {"start": "00:18:42", "end": "00:18:46", "text": "he doesn't instill confidence in me"}, {"start": "00:18:44", "end": "00:18:49", "text": "guys. But let's let's listen."}, {"start": "00:18:46", "end": "00:18:52", "text": ">> Hey everyone, Hunter here. It has been a"}, {"start": "00:18:49", "end": "00:18:55", "text": "long couple days, but I'm used to long"}, {"start": "00:18:52", "end": "00:18:58", "text": "days. I want to want make one thing"}, {"start": "00:18:55", "end": "00:19:00", "text": "clear is that this is my [�__�] token."}, {"start": "00:18:58", "end": "00:19:03", "text": "I've been working on this thing for six"}, {"start": "00:19:00", "end": "00:19:05", "text": "months straight. And"}, {"start": "00:19:03", "end": "00:19:07", "text": ">> how what you do, man? What what you do"}, {"start": "00:19:05", "end": "00:19:10", "text": "six months straight for for to do a coin"}, {"start": "00:19:07", "end": "00:19:12", "text": "launch? Maybe he's scammed. Sometimes"}, {"start": "00:19:10", "end": "00:19:13", "text": "when you are not a professional in a"}, {"start": "00:19:12", "end": "00:19:15", "text": "field and you want to get help with"}, {"start": "00:19:13", "end": "00:19:17", "text": "something in a field, you could get"}, {"start": "00:19:15", "end": "00:19:19", "text": "scammed by service providers that over"}, {"start": "00:19:17", "end": "00:19:21", "text": "complicate the process. Maybe they told"}, {"start": "00:19:19", "end": "00:19:23", "text": "him it's a six months process to launch"}, {"start": "00:19:21", "end": "00:19:25", "text": "a coin. Meanwhile, you literally do it"}, {"start": "00:19:23", "end": "00:19:28", "text": "in one minute on pump fun. Okay. And"}, {"start": "00:19:25", "end": "00:19:31", "text": "that's it. And that's it. You lally do"}, {"start": "00:19:28", "end": "00:19:33", "text": "it on pump fun in one single minute."}, {"start": "00:19:31", "end": "00:19:34", "text": "Okay. what he do what he does for six"}, {"start": "00:19:33", "end": "00:19:36", "text": "months. Crazy."}, {"start": "00:19:34", "end": "00:19:39", "text": ">> Gone"}, {"start": "00:19:36", "end": "00:19:41", "text": "in deep in terms of cryptocurrency and"}, {"start": "00:19:39", "end": "00:19:43", "text": "understanding exactly what I was getting"}, {"start": "00:19:41", "end": "00:19:46", "text": "into. And what I was getting into was"}, {"start": "00:19:43", "end": "00:19:47", "text": "trying to do something just marketly"}, {"start": "00:19:46", "end": "00:19:49", "text": "different than what has been offered up"}, {"start": "00:19:47", "end": "00:19:52", "text": "to the to the"}, {"start": "00:19:49", "end": "00:19:54", "text": ">> Oh man, lights a laptop."}, {"start": "00:19:52", "end": "00:19:57", "text": "How it's different? What is he doing"}, {"start": "00:19:54", "end": "00:19:58", "text": ">> in the past two years? That's something"}, {"start": "00:19:57", "end": "00:20:01", "text": "that actually could help build community"}, {"start": "00:19:58", "end": "00:20:03", "text": "and do something that's worthwhile."}, {"start": "00:20:01", "end": "00:20:06", "text": "And to that end, that's why we have a"}, {"start": "00:20:03", "end": "00:20:07", "text": "20% airdrop to both my Substack"}, {"start": "00:20:06", "end": "00:20:10", "text": "subscribers, but also to people that"}, {"start": "00:20:07", "end": "00:20:12", "text": "lost money on the Trump token and"}, {"start": "00:20:10", "end": "00:20:14", "text": "airdrops to come in the future. And not"}, {"start": "00:20:12", "end": "00:20:16", "text": "only that is that we also build into it"}, {"start": "00:20:14", "end": "00:20:18", "text": "a charity component that's really really"}, {"start": "00:20:16", "end": "00:20:20", "text": "important to me that ultimately will go"}, {"start": "00:20:18", "end": "00:20:21", "text": "to uh charities related to recovery."}, {"start": "00:20:20", "end": "00:20:23", "text": ">> He's the classic, man. He's the classic."}, {"start": "00:20:21", "end": "00:20:26", "text": "He's like, man, what's the idea? Oh,"}, {"start": "00:20:23", "end": "00:20:28", "text": "let's bolt on the charity. Yeah. 1% is"}, {"start": "00:20:26", "end": "00:20:30", "text": "going to go to charity. Let's bolt it"}, {"start": "00:20:28", "end": "00:20:33", "text": "on. So our token looks good man. What is"}, {"start": "00:20:30", "end": "00:20:36", "text": "this? What is this"}, {"start": "00:20:33", "end": "00:20:39", "text": ">> and then the first ever prediction"}, {"start": "00:20:36", "end": "00:20:41", "text": "market embedded into a coin. I was"}, {"start": "00:20:39", "end": "00:20:43", "text": "intimately involved in every single"}, {"start": "00:20:41", "end": "00:20:44", "text": "discussion every"}, {"start": "00:20:43", "end": "00:20:45", "text": ">> he was also intimately involved with"}, {"start": "00:20:44", "end": "00:20:47", "text": "something else."}, {"start": "00:20:45", "end": "00:20:50", "text": ">> Every single step of the way in creating"}, {"start": "00:20:47", "end": "00:20:52", "text": "the tokconomics in creating the way in"}, {"start": "00:20:50", "end": "00:20:54", "text": "which the coin would be presented and"}, {"start": "00:20:52", "end": "00:20:56", "text": "you know what at the end of the day it's"}, {"start": "00:20:54", "end": "00:20:58", "text": "my responsibility. And there was a [�__�]"}, {"start": "00:20:56", "end": "00:21:00", "text": "up. Yeah guys, listen I mean it's a"}, {"start": "00:20:58", "end": "00:21:02", "text": "excuse excuse excuse but at the end of"}, {"start": "00:21:00", "end": "00:21:03", "text": "the day there is a chart you can you"}, {"start": "00:21:02", "end": "00:21:06", "text": "have a chart to look at so it's way"}, {"start": "00:21:03", "end": "00:21:08", "text": "better to look at the chart now than to"}, {"start": "00:21:06", "end": "00:21:10", "text": "form in at the at the top or you know"}, {"start": "00:21:08", "end": "00:21:12", "text": "what people some I mean some some poor"}, {"start": "00:21:10", "end": "00:21:14", "text": "bastard bought here someone bought here"}, {"start": "00:21:12", "end": "00:21:16", "text": "the candle would not draw itself without"}, {"start": "00:21:14", "end": "00:21:19", "text": "a trade taking place when a trade takes"}, {"start": "00:21:16", "end": "00:21:22", "text": "place someone buys some poor bastard"}, {"start": "00:21:19", "end": "00:21:27", "text": "also bought up here okay at $4 it's now"}, {"start": "00:21:22", "end": "00:21:31", "text": "40 cents so if you think Hunter is gonna"}, {"start": "00:21:27", "end": "00:21:34", "text": "take back the coin to Valhalla."}, {"start": "00:21:31", "end": "00:21:37", "text": "Look at the hourly chart. Uh it's going"}, {"start": "00:21:34", "end": "00:21:42", "text": "to go bull here at 0.9 and uh yeah,"}, {"start": "00:21:37", "end": "00:21:44", "text": "alltime high is like $4. Okay, so I I"}, {"start": "00:21:42", "end": "00:21:46", "text": "don't know what to tell you. Just don't"}, {"start": "00:21:44", "end": "00:21:48", "text": "for new launches. I think it's a bad"}, {"start": "00:21:46", "end": "00:21:50", "text": "deal for most people. Uh just see how it"}, {"start": "00:21:48", "end": "00:21:51", "text": "launches. See how it goes. Now we see we"}, {"start": "00:21:50", "end": "00:21:53", "text": "have a trend. We have something to work"}, {"start": "00:21:51", "end": "00:21:55", "text": "with here. Maybe he he does return it. I"}, {"start": "00:21:53", "end": "00:21:57", "text": "mean, maybe he will redeem himself,"}, {"start": "00:21:55", "end": "00:22:00", "text": "guys. To be fair, I he doesn't look pro"}, {"start": "00:21:57", "end": "00:22:01", "text": "promising. It's he he looks a bit Yeah,"}, {"start": "00:22:00", "end": "00:22:05", "text": "I don't know. He's in the scar. It's so"}, {"start": "00:22:01", "end": "00:22:07", "text": "dark. Why it's so dark? He's uh Yeah, I"}, {"start": "00:22:05", "end": "00:22:08", "text": "don't know, man. I don't know, man. And"}, {"start": "00:22:07", "end": "00:22:09", "text": "he wants to make some money. He said he"}, {"start": "00:22:08", "end": "00:22:11", "text": "he wants to make some money in crypto."}, {"start": "00:22:09", "end": "00:22:13", "text": "Remember on Tucker Carlson, he said, \"I"}, {"start": "00:22:11", "end": "00:22:16", "text": "want I make some money. I want to make"}, {"start": "00:22:13", "end": "00:22:17", "text": "some money.\" So, yeah. Let's see what he"}, {"start": "00:22:16", "end": "00:22:18", "text": "said."}, {"start": "00:22:17", "end": "00:22:20", "text": ">> You know what? At the end of the day,"}, {"start": "00:22:18", "end": "00:22:22", "text": "it's my responsibility. And there was a"}, {"start": "00:22:20", "end": "00:22:26", "text": "[�__�] The [�__�] up occurred in the"}, {"start": "00:22:22", "end": "00:22:28", "text": "first 30 seconds of launching the coin"}, {"start": "00:22:26", "end": "00:22:32", "text": "in which the market maker for some"}, {"start": "00:22:28", "end": "00:22:34", "text": "unknown goddamn reason only put in"}, {"start": "00:22:32", "end": "00:22:38", "text": "$5,000 in of liquidity and the demand"}, {"start": "00:22:34", "end": "00:22:42", "text": "was through the roof. And what happened"}, {"start": "00:22:38", "end": "00:22:45", "text": "was is that the coin went up to $2.39"}, {"start": "00:22:42", "end": "00:22:49", "text": "and then it went to $316"}, {"start": "00:22:45", "end": "00:22:51", "text": "a token. $316 billion market cap. larger"}, {"start": "00:22:49", "end": "00:22:53", "text": "than the market cap of [�__�] goddamn"}, {"start": "00:22:51", "end": "00:22:56", "text": "Black Rock. And they got it under"}, {"start": "00:22:53", "end": "00:22:58", "text": "control, but not before the damage was"}, {"start": "00:22:56", "end": "00:22:59", "text": "done in terms of making it look like not"}, {"start": "00:22:58", "end": "00:23:03", "text": "just a Christmas tree, it looked like"}, {"start": "00:22:59", "end": "00:23:05", "text": "Mount Everest. I am in this to the end."}, {"start": "00:23:03", "end": "00:23:06", "text": ">> I'm"}, {"start": "00:23:05", "end": "00:23:08", "text": "What kind of service provider he used"}, {"start": "00:23:06", "end": "00:23:10", "text": "for this coin, man? What kind of"}, {"start": "00:23:08", "end": "00:23:12", "text": "service? Not only did he get scammed on"}, {"start": "00:23:10", "end": "00:23:15", "text": "the timeline, they probably built his"}, {"start": "00:23:12", "end": "00:23:17", "text": "ass for six months of hard work of 100"}, {"start": "00:23:15", "end": "00:23:20", "text": "people. Also, they messed up THE THE"}, {"start": "00:23:17", "end": "00:23:20", "text": "LAUNCH."}, {"start": "00:23:20", "end": "00:23:26", "text": "MAN, WHAT KIND of service provider? You"}, {"start": "00:23:23", "end": "00:23:28", "text": "hire a hunter. Oh, oops. We just"}, {"start": "00:23:26", "end": "00:23:31", "text": "accidentally had no liquidity. So all of"}, {"start": "00:23:28", "end": "00:23:32", "text": "the pleb would form in a 300 bucks with"}, {"start": "00:23:31", "end": "00:23:34", "text": "dump on their ass. It was all"}, {"start": "00:23:32", "end": "00:23:36", "text": "accidental. I don't know how it"}, {"start": "00:23:34", "end": "00:23:38", "text": "happened. It was market. We poor poor"}, {"start": "00:23:36", "end": "00:23:42", "text": "market maker. We misunderstood."}, {"start": "00:23:38", "end": "00:23:45", "text": "Oh, I mean he's swimming with sharks."}, {"start": "00:23:42", "end": "00:23:47", "text": "This guy is in crypto. He says he said I"}, {"start": "00:23:45", "end": "00:23:48", "text": "know what I'm getting into. Do you"}, {"start": "00:23:47", "end": "00:23:49", "text": "really know, Hunter? what you guessing"}, {"start": "00:23:48", "end": "00:23:53", "text": "into because you're SWIMMING WITH"}, {"start": "00:23:49", "end": "00:23:55", "text": "SHARKS. THEY ARE SHARKS. OKAY."}, {"start": "00:23:53", "end": "00:23:58", "text": "NOW, I I don't doubt that Hunter I mean"}, {"start": "00:23:55", "end": "00:24:00", "text": "ideally he wanted to have a nice launch."}, {"start": "00:23:58", "end": "00:24:02", "text": "Probably he wanted probably it it it's"}, {"start": "00:24:00", "end": "00:24:06", "text": "not in his interest that the launch went"}, {"start": "00:24:02", "end": "00:24:11", "text": "this way. But man, you get into crypto"}, {"start": "00:24:06", "end": "00:24:12", "text": "the most PVP dog eat dog industry on"}, {"start": "00:24:11", "end": "00:24:15", "text": "earth"}, {"start": "00:24:12", "end": "00:24:18", "text": "and you hire people that lie to you that"}, {"start": "00:24:15", "end": "00:24:19", "text": "also mess up your launch. If you don't"}, {"start": "00:24:18", "end": "00:24:20", "text": "sue them, I don't know what's gonna"}, {"start": "00:24:19", "end": "00:24:22", "text": "happen, man. I don't know. I don't know"}, {"start": "00:24:20", "end": "00:24:23", "text": "what's gonna happen."}, {"start": "00:24:22", "end": "00:24:26", "text": ">> 100%."}, {"start": "00:24:23", "end": "00:24:28", "text": "And I promise you is that we're going to"}, {"start": "00:24:26", "end": "00:24:30", "text": "make it right. And we're working our"}, {"start": "00:24:28", "end": "00:24:33", "text": "asses off to make certain that we can do"}, {"start": "00:24:30", "end": "00:24:34", "text": "that. So stay tuned for more"}, {"start": "00:24:33", "end": "00:24:37", "text": "information. But I just want everybody"}, {"start": "00:24:34", "end": "00:24:39", "text": "to know this isn't some [�__�] [�__�]"}, {"start": "00:24:37", "end": "00:24:41", "text": "celebrity token where I get on on"}, {"start": "00:24:39", "end": "00:24:41", "text": "Twitter and say, \"Oh, I didn't know"}, {"start": "00:24:41", "end": "00:24:42", "text": "about.\""}, {"start": "00:24:41", "end": "00:24:44", "text": ">> Okay. Okay."}, {"start": "00:24:42", "end": "00:24:47", "text": "Maybe maybe it's correct. But Hunter,"}, {"start": "00:24:44", "end": "00:24:49", "text": "okay, listen to the wisdom here. What"}, {"start": "00:24:47", "end": "00:24:52", "text": "Hunter needs to do, what I would do,"}, {"start": "00:24:49", "end": "00:24:54", "text": "what I would do is that I would actually"}, {"start": "00:24:52", "end": "00:24:56", "text": "create a new coin. So, we erase the"}, {"start": "00:24:54", "end": "00:24:59", "text": "chart because that chart, especially if"}, {"start": "00:24:56", "end": "00:25:02", "text": "he says it went to like $300 or"}, {"start": "00:24:59", "end": "00:25:03", "text": "something, it's going to haunt you"}, {"start": "00:25:02", "end": "00:25:05", "text": "forever because everyone's going to see"}, {"start": "00:25:03", "end": "00:25:06", "text": "that it's down 99.999%. Let's actually"}, {"start": "00:25:05", "end": "00:25:08", "text": "see on Coin Gak what is the all-time"}, {"start": "00:25:06", "end": "00:25:11", "text": "high price? Because if the launch got"}, {"start": "00:25:08", "end": "00:25:13", "text": "messed up, uh, ideally you want to erase"}, {"start": "00:25:11", "end": "00:25:16", "text": "the chart, make a new chart. Make a new"}, {"start": "00:25:13", "end": "00:25:17", "text": "chart because you cannot live with that"}, {"start": "00:25:16", "end": "00:25:19", "text": "chart. It's going to it's like ICP,"}, {"start": "00:25:17", "end": "00:25:22", "text": "guys. Where is ICP? No one cares about"}, {"start": "00:25:19", "end": "00:25:24", "text": "ICP because you remember ICP. ICP also"}, {"start": "00:25:22", "end": "00:25:26", "text": "launched apparently because market maker"}, {"start": "00:25:24", "end": "00:25:28", "text": "messed up. They they accused FTX and"}, {"start": "00:25:26", "end": "00:25:31", "text": "ever since Oh yeah. Oh yeah. Yeah. Yeah."}, {"start": "00:25:28", "end": "00:25:32", "text": "He needs to do a new coin. I would"}, {"start": "00:25:31", "end": "00:25:34", "text": "actually not continue on this because"}, {"start": "00:25:32", "end": "00:25:37", "text": "it's down so much. You see, on Coin"}, {"start": "00:25:34", "end": "00:25:39", "text": "Gecko, they capture this price of $200."}, {"start": "00:25:37", "end": "00:25:41", "text": "Oh, yeah. He can he cannot work with"}, {"start": "00:25:39", "end": "00:25:44", "text": "this. It's impossible to work with this."}, {"start": "00:25:41", "end": "00:25:45", "text": "So, anyone who's ever going to open this"}, {"start": "00:25:44", "end": "00:25:46", "text": "coin, they're going to look at the"}, {"start": "00:25:45", "end": "00:25:50", "text": "chart. They're going to see it went from"}, {"start": "00:25:46", "end": "00:25:53", "text": "$200 to like below $1. It's going to be"}, {"start": "00:25:50", "end": "00:25:56", "text": "very bad. So, here I would just do a new"}, {"start": "00:25:53", "end": "00:25:58", "text": "coin, like new name. Uh, so it's it's a"}, {"start": "00:25:56", "end": "00:26:00", "text": "new chart. Do do the chart properly. Do"}, {"start": "00:25:58", "end": "00:26:02", "text": "the chart properly. And you know when"}, {"start": "00:26:00", "end": "00:26:04", "text": "you migrate to a new ticker it's not"}, {"start": "00:26:02", "end": "00:26:06", "text": "this the same issue with the with the"}, {"start": "00:26:04", "end": "00:26:08", "text": "volatility and everything. Uh is it's"}, {"start": "00:26:06", "end": "00:26:10", "text": "been done many times before but"}, {"start": "00:26:08", "end": "00:26:12", "text": "otherwise it's going to be like ICP"}, {"start": "00:26:10", "end": "00:26:14", "text": "you're you know ICP no one cares about"}, {"start": "00:26:12", "end": "00:26:16", "text": "ICP currently no one cares and you know"}, {"start": "00:26:14", "end": "00:26:18", "text": "in general they have the same issue. You"}, {"start": "00:26:16", "end": "00:26:21", "text": "see they have the same issue. Anyone"}, {"start": "00:26:18", "end": "00:26:24", "text": "that looks at ICP"}, {"start": "00:26:21", "end": "00:26:26", "text": "sees that how they did they go from $700"}, {"start": "00:26:24", "end": "00:26:28", "text": "to $2. Like there must be something"}, {"start": "00:26:26", "end": "00:26:30", "text": "wrong wrong here. It looks like a scam."}, {"start": "00:26:28", "end": "00:26:32", "text": "It looks like a rugpool. Now, it is a"}, {"start": "00:26:30", "end": "00:26:34", "text": "serious project. Okay, ICP, you know,"}, {"start": "00:26:32", "end": "00:26:37", "text": "they have they have taken stuff, but"}, {"start": "00:26:34", "end": "00:26:41", "text": "they have the curse. They have the curse"}, {"start": "00:26:37", "end": "00:26:44", "text": "of the bad launch. They're down 99.6%."}, {"start": "00:26:41", "end": "00:26:46", "text": "They will never go to 700 because that"}, {"start": "00:26:44", "end": "00:26:49", "text": "was an impossible uh price which just"}, {"start": "00:26:46", "end": "00:26:51", "text": "was created because of low liquidity."}, {"start": "00:26:49", "end": "00:26:53", "text": "Some poor bastard bought at that price"}, {"start": "00:26:51", "end": "00:26:57", "text": "just like some poor bastard bought at"}, {"start": "00:26:53", "end": "00:26:59", "text": "200 for Hunter for laptop. So yeah,"}, {"start": "00:26:57", "end": "00:27:02", "text": "Hunter, you need help. You need help a"}, {"start": "00:26:59", "end": "00:27:03", "text": "lot. Uh I would help you, but you know,"}, {"start": "00:27:02", "end": "00:27:05", "text": "we have so much with Bullmania. It's"}, {"start": "00:27:03", "end": "00:27:07", "text": "quite insane. I mean, I'm helping all of"}, {"start": "00:27:05", "end": "00:27:09", "text": "our members in Bullmania uh every day."}, {"start": "00:27:07", "end": "00:27:12", "text": "Every day to to for me to also help you"}, {"start": "00:27:09", "end": "00:27:14", "text": "with the coin."}, {"start": "00:27:12", "end": "00:27:18", "text": "I I I don't know if I will be able to."}, {"start": "00:27:14", "end": "00:27:20", "text": "If you join Bulmania, maybe I can do it."}, {"start": "00:27:18", "end": "00:27:22", "text": "If you join Bulmania, Hunter, if you go"}, {"start": "00:27:20", "end": "00:27:24", "text": "to Well, you cannot even join now. Yeah,"}, {"start": "00:27:22", "end": "00:27:26", "text": "exactly. It's full."}, {"start": "00:27:24", "end": "00:27:29", "text": "I can't even join. If you go to"}, {"start": "00:27:26", "end": "00:27:31", "text": "bullman.com/subscribe,"}, {"start": "00:27:29", "end": "00:27:32", "text": "you can sign up for the newsletter."}, {"start": "00:27:31", "end": "00:27:34", "text": "Whenever there is there are new spots,"}, {"start": "00:27:32", "end": "00:27:37", "text": "we're going to let you in. All my focus"}, {"start": "00:27:34", "end": "00:27:39", "text": "is on the existing bulman. If you if you"}, {"start": "00:27:37", "end": "00:27:42", "text": "do a coin without asking me and then it"}, {"start": "00:27:39", "end": "00:27:44", "text": "mess mess up. What can I do? What can I"}, {"start": "00:27:42", "end": "00:27:46", "text": "do? Just like most people who think they"}, {"start": "00:27:44", "end": "00:27:47", "text": "can do the bull market without"}, {"start": "00:27:46", "end": "00:27:48", "text": "bullmania, they're like, \"Yeah, we're"}, {"start": "00:27:47", "end": "00:27:50", "text": "going to do your Yeah, you're going to"}, {"start": "00:27:48", "end": "00:27:51", "text": "mess up exactly how you did last time."}, {"start": "00:27:50", "end": "00:27:53", "text": "Bitcoin is going to be a bit volatile."}, {"start": "00:27:51", "end": "00:27:55", "text": "Let's say it goes to 50K.\" Now, what you"}, {"start": "00:27:53", "end": "00:27:57", "text": "do? What do you do? What do you do? So"}, {"start": "00:27:55", "end": "00:27:58", "text": "start feel so sed. Oh no. This time I'm"}, {"start": "00:27:57", "end": "00:27:59", "text": "going to get it right. You're on my on"}, {"start": "00:27:58", "end": "00:28:02", "text": "my Okay. How you going to do it on your"}, {"start": "00:27:59", "end": "00:28:03", "text": "own? You You had four cycles to do it on"}, {"start": "00:28:02", "end": "00:28:05", "text": "your own. And this time you're really"}, {"start": "00:28:03", "end": "00:28:07", "text": "going to do Oh,"}, {"start": "00:28:05", "end": "00:28:10", "text": "get out of here. Anyway, look here. Any"}, {"start": "00:28:07", "end": "00:28:12", "text": "famous person any famous person that"}, {"start": "00:28:10", "end": "00:28:15", "text": "wants to do a memecoin without"}, {"start": "00:28:12", "end": "00:28:17", "text": "disastrous results should use unis swap"}, {"start": "00:28:15", "end": "00:28:18", "text": "CCA. It says the founder of unis swap."}, {"start": "00:28:17", "end": "00:28:21", "text": "And that's quite interesting. Let's see"}, {"start": "00:28:18", "end": "00:28:24", "text": "how this uh this works. Uh let's say if"}, {"start": "00:28:21", "end": "00:28:27", "text": "I'm Hunter and I want to do CCA. Look"}, {"start": "00:28:24", "end": "00:28:30", "text": "here. Uh CCA is unis swap's continuous"}, {"start": "00:28:27", "end": "00:28:32", "text": "clearing auction. Okay. It's a fair"}, {"start": "00:28:30", "end": "00:28:33", "text": "launch auction mechanism designed"}, {"start": "00:28:32", "end": "00:28:36", "text": "specifically so celebrity or"}, {"start": "00:28:33", "end": "00:28:40", "text": "high-profile meme coins do not get"}, {"start": "00:28:36", "end": "00:28:42", "text": "instantly destroyed by bots and snipers."}, {"start": "00:28:40", "end": "00:28:45", "text": "The way classic bonding curve or instant"}, {"start": "00:28:42", "end": "00:28:48", "text": "pool launches do. Okay. How it works."}, {"start": "00:28:45", "end": "00:28:51", "text": "Buyers submit bids over a set window"}, {"start": "00:28:48", "end": "00:28:52", "text": "often multi-our"}, {"start": "00:28:51", "end": "00:28:54", "text": "demand builds gradually instead of"}, {"start": "00:28:52", "end": "00:28:56", "text": "everyone rushing block one. Yeah. So"}, {"start": "00:28:54", "end": "00:28:59", "text": "this one is interesting. Clearing price"}, {"start": "00:28:56", "end": "00:29:00", "text": "is found. The auction continuously finds"}, {"start": "00:28:59", "end": "00:29:04", "text": "the price the market is actually willing"}, {"start": "00:29:00", "end": "00:29:05", "text": "to pay the real uh clearing level. So"}, {"start": "00:29:04", "end": "00:29:09", "text": "you know instead of trying to set what"}, {"start": "00:29:05", "end": "00:29:11", "text": "Hunter did very wrong he tried to set a"}, {"start": "00:29:09", "end": "00:29:13", "text": "a launch price and he need to add"}, {"start": "00:29:11", "end": "00:29:14", "text": "liquidity at the same time. So it kind"}, {"start": "00:29:13", "end": "00:29:16", "text": "of matches the supply and demand but"}, {"start": "00:29:14", "end": "00:29:18", "text": "it's hard to know the supply and demand."}, {"start": "00:29:16", "end": "00:29:22", "text": "And so here with unis swap mechanism"}, {"start": "00:29:18", "end": "00:29:25", "text": "according to to Hayden you have a you"}, {"start": "00:29:22", "end": "00:29:28", "text": "have a more safe way to find the balance"}, {"start": "00:29:25", "end": "00:29:30", "text": "before you launch. Now"}, {"start": "00:29:28", "end": "00:29:32", "text": "let's see low ball or runaway bits get"}, {"start": "00:29:30", "end": "00:29:33", "text": "handled by clearing logic rather than"}, {"start": "00:29:32", "end": "00:29:35", "text": "lacing the first bot settle. Yeah. So"}, {"start": "00:29:33", "end": "00:29:38", "text": "this is also very important uh because"}, {"start": "00:29:35", "end": "00:29:40", "text": "the snipers they rely on being first."}, {"start": "00:29:38", "end": "00:29:42", "text": "First when there's no liquidity there's"}, {"start": "00:29:40", "end": "00:29:44", "text": "no one really participating here you"}, {"start": "00:29:42", "end": "00:29:46", "text": "don't have that deep liquidity is seated"}, {"start": "00:29:44", "end": "00:29:49", "text": "at that exact price once the clearing"}, {"start": "00:29:46", "end": "00:29:52", "text": "price is set a substantial unit for pool"}, {"start": "00:29:49", "end": "00:29:53", "text": "is created and funded right away sniping"}, {"start": "00:29:52", "end": "00:29:55", "text": "resistance is built in because price is"}, {"start": "00:29:53", "end": "00:29:56", "text": "discovered first and liquidity is"}, {"start": "00:29:55", "end": "00:29:59", "text": "already deep when the pool goes live the"}, {"start": "00:29:56", "end": "00:30:00", "text": "classic dark forest attack is heavily"}, {"start": "00:29:59", "end": "00:30:05", "text": "reduced"}, {"start": "00:30:00", "end": "00:30:07", "text": "yeah so if you uh let me actually uh uh"}, {"start": "00:30:05", "end": "00:30:10", "text": "let me actually publish this uh I will"}, {"start": "00:30:07", "end": "00:30:13", "text": "call it unis swap CCA. Let me publish"}, {"start": "00:30:10", "end": "00:30:15", "text": "this as a report. And you guys, if you"}, {"start": "00:30:13", "end": "00:30:18", "text": "are interested,"}, {"start": "00:30:15", "end": "00:30:20", "text": "go to my Twitter. Go to my Twitter,"}, {"start": "00:30:18", "end": "00:30:22", "text": "follow me. I will now tweet the"}, {"start": "00:30:20", "end": "00:30:27", "text": "explanation"}, {"start": "00:30:22", "end": "00:30:30", "text": "uh explan explanation"}, {"start": "00:30:27", "end": "00:30:33", "text": "unis swap CCA. So you you can just go"}, {"start": "00:30:30", "end": "00:30:35", "text": "here. You can uh you can check this if"}, {"start": "00:30:33", "end": "00:30:38", "text": "you are interested."}, {"start": "00:30:35", "end": "00:30:41", "text": "Man, this this BoomA article, Boom AI"}, {"start": "00:30:38", "end": "00:30:42", "text": "article published based on a response."}, {"start": "00:30:41", "end": "00:30:45", "text": "It's so nice, guys. It's so nice. So, I"}, {"start": "00:30:42", "end": "00:30:48", "text": "mean, I I can I can share this bleeding"}, {"start": "00:30:45", "end": "00:30:50", "text": "edge research like like we just did here"}, {"start": "00:30:48", "end": "00:30:52", "text": "with you guys through a link like this."}, {"start": "00:30:50", "end": "00:30:54", "text": "And you see all of the like influencer,"}, {"start": "00:30:52", "end": "00:30:56", "text": "all of the uh tweets are all embedded."}, {"start": "00:30:54", "end": "00:30:59", "text": "So, yeah, in Bull Mania, all the members"}, {"start": "00:30:56", "end": "00:31:01", "text": "use it every day. Every day. Now,"}, {"start": "00:30:59", "end": "00:31:03", "text": "Bitcoin treasure company strategy"}, {"start": "00:31:01", "end": "00:31:04", "text": "surpasses financial giant JP Morgan in"}, {"start": "00:31:03", "end": "00:31:07", "text": "trading volume. That's quite"}, {"start": "00:31:04", "end": "00:31:08", "text": "interesting. If we look at MSTR as you"}, {"start": "00:31:07", "end": "00:31:11", "text": "know guys, now in bull market we are"}, {"start": "00:31:08", "end": "00:31:14", "text": "bullish MSTR. In bare market we're"}, {"start": "00:31:11", "end": "00:31:16", "text": "bearish. Now bull market we're bullish."}, {"start": "00:31:14", "end": "00:31:19", "text": "Okay, we're b we're bullish most things"}, {"start": "00:31:16", "end": "00:31:22", "text": "in bull market. So uh strategy did enter"}, {"start": "00:31:19", "end": "00:31:23", "text": "bull trend also uh dip down a bit just"}, {"start": "00:31:22", "end": "00:31:25", "text": "like Bitcoin dip down a bit but still"}, {"start": "00:31:23", "end": "00:31:27", "text": "it's a new bull trend. Bitcoin is also"}, {"start": "00:31:25", "end": "00:31:29", "text": "bull trend. So here for example this"}, {"start": "00:31:27", "end": "00:31:31", "text": "bull trend was a bit of fore because"}, {"start": "00:31:29", "end": "00:31:33", "text": "Bitcoin was still bearish but now"}, {"start": "00:31:31", "end": "00:31:35", "text": "Bitcoin is bullish and this is bullish."}, {"start": "00:31:33", "end": "00:31:37", "text": "So good, good, good. I think it's good."}, {"start": "00:31:35", "end": "00:31:40", "text": "Um, I'm not buying, by the way, because"}, {"start": "00:31:37", "end": "00:31:42", "text": "I cannot buy everything. If I want to go"}, {"start": "00:31:40", "end": "00:31:44", "text": "long or short Bitcoin with leverage,"}, {"start": "00:31:42", "end": "00:31:46", "text": "which which strategy is doing, you can"}, {"start": "00:31:44", "end": "00:31:48", "text": "do it yourself if you go to first link"}, {"start": "00:31:46", "end": "00:31:49", "text": "of description. First link of"}, {"start": "00:31:48", "end": "00:31:53", "text": "description,"}, {"start": "00:31:49", "end": "00:31:55", "text": "you see Kali Kalshi, you get nice u uh"}, {"start": "00:31:53", "end": "00:31:56", "text": "deal when you sign up. You support our"}, {"start": "00:31:55", "end": "00:31:58", "text": "channel. But here you can go long"}, {"start": "00:31:56", "end": "00:32:00", "text": "Bitcoin with leverage. It is US"}, {"start": "00:31:58", "end": "00:32:02", "text": "regulated. If you are in the US guys,"}, {"start": "00:32:00", "end": "00:32:05", "text": "this is the place for you. uh you have"}, {"start": "00:32:02", "end": "00:32:07", "text": "all of the tax documents generated for"}, {"start": "00:32:05", "end": "00:32:08", "text": "you. If you're not in the US, you still"}, {"start": "00:32:07", "end": "00:32:10", "text": "use it. It's still possible for you to"}, {"start": "00:32:08", "end": "00:32:12", "text": "use. So, US non US, everyone can use it,"}, {"start": "00:32:10", "end": "00:32:14", "text": "man. It's the is the is the best deal"}, {"start": "00:32:12", "end": "00:32:16", "text": "possible now for this coming bull market"}, {"start": "00:32:14", "end": "00:32:18", "text": "to have fully regulated US platform"}, {"start": "00:32:16", "end": "00:32:20", "text": "because I I I'm telling you every day"}, {"start": "00:32:18", "end": "00:32:22", "text": "someone is asking me what can I do in"}, {"start": "00:32:20", "end": "00:32:24", "text": "the US? What should I use? Now you have"}, {"start": "00:32:22", "end": "00:32:26", "text": "now you have perfect. So guys, that's"}, {"start": "00:32:24", "end": "00:32:30", "text": "that. Uh moving on, moving on. Uh brand"}, {"start": "00:32:26", "end": "00:32:33", "text": "oil up, diesel up, everything up, hormuz"}, {"start": "00:32:30", "end": "00:32:35", "text": "some problem. And there is this"}, {"start": "00:32:33", "end": "00:32:40", "text": "uh fruitfly."}, {"start": "00:32:35", "end": "00:32:44", "text": "Okay, so fruitfly it is let's see uh"}, {"start": "00:32:40", "end": "00:32:46", "text": "they made this AI basically. Okay, a a"}, {"start": "00:32:44", "end": "00:32:49", "text": "fruitfly a fruitfly simulator. They"}, {"start": "00:32:46", "end": "00:32:54", "text": "simulated a fruitfly"}, {"start": "00:32:49", "end": "00:32:58", "text": "brain. Okay. And uh it trades coins"}, {"start": "00:32:54", "end": "00:33:01", "text": "based on the neural response to the"}, {"start": "00:32:58", "end": "00:33:01", "text": "chart."}, {"start": "00:33:01", "end": "00:33:04", "text": "Let me see what happened here. Let me"}, {"start": "00:33:02", "end": "00:33:05", "text": "see what happened. Let's actually see"}, {"start": "00:33:04", "end": "00:33:07", "text": "what what is it doing because I haven't"}, {"start": "00:33:05", "end": "00:33:11", "text": "checked too much. I just saw that it it"}, {"start": "00:33:07", "end": "00:33:13", "text": "basically made this fruitfly and then"}, {"start": "00:33:11", "end": "00:33:16", "text": "you can try to outrade it. Just you know"}, {"start": "00:33:13", "end": "00:33:21", "text": "fruitfly brain reacting to the chart"}, {"start": "00:33:16", "end": "00:33:21", "text": "versus you trying to make money."}, {"start": "00:33:21", "end": "00:33:27", "text": "So what does it do? Launch token. Okay."}, {"start": "00:33:29", "end": "00:33:32", "text": "Ah or they shield their coin. Don't"}, {"start": "00:33:31", "end": "00:33:34", "text": "don't buy their coin. I don't know about"}, {"start": "00:33:32", "end": "00:33:36", "text": "their coin. But the idea was"}, {"start": "00:33:34", "end": "00:33:37", "text": "interesting. But don't don't buy their"}, {"start": "00:33:36", "end": "00:33:39", "text": "coin. Maybe it's scam. Who knows? Look"}, {"start": "00:33:37", "end": "00:33:42", "text": "here. Sana"}, {"start": "00:33:39", "end": "00:33:45", "text": "is doing a summit with uh SEC. There you"}, {"start": "00:33:42", "end": "00:33:47", "text": "go. Uh yeah, guys. I mean there's not"}, {"start": "00:33:45", "end": "00:33:48", "text": "much else to be to be fair. There's not"}, {"start": "00:33:47", "end": "00:33:50", "text": "not much else. We basically covered"}, {"start": "00:33:48", "end": "00:33:52", "text": "everything. To summarize, if we're to"}, {"start": "00:33:50", "end": "00:33:56", "text": "summarize, we have"}, {"start": "00:33:52", "end": "00:33:59", "text": "uh energy problems. There is increase in"}, {"start": "00:33:56", "end": "00:34:01", "text": "the fuel price, diesel, everything. Uh"}, {"start": "00:33:59", "end": "00:34:02", "text": "potentially problem with rate hikes for"}, {"start": "00:34:01", "end": "00:34:04", "text": "the stock market. We don't care about"}, {"start": "00:34:02", "end": "00:34:06", "text": "the rate hikes. I told you we don't care"}, {"start": "00:34:04", "end": "00:34:09", "text": "about them. Likely is the bottom. Likely"}, {"start": "00:34:06", "end": "00:34:11", "text": "we go up from here. We have uh Armstrong"}, {"start": "00:34:09", "end": "00:34:13", "text": "being bullish. Clarity act back and"}, {"start": "00:34:11", "end": "00:34:15", "text": "forth. Likely going to pass soon. Uh"}, {"start": "00:34:13", "end": "00:34:17", "text": "bullish. We're already bullish. We're"}, {"start": "00:34:15", "end": "00:34:19", "text": "already bullish. Ros bullish. Uh and"}, {"start": "00:34:17", "end": "00:34:21", "text": "then sailor has bull trend also. That's"}, {"start": "00:34:19", "end": "00:34:23", "text": "basically it. That's that's what's"}, {"start": "00:34:21", "end": "00:34:25", "text": "happened during the last 24 hours. Bonds"}, {"start": "00:34:23", "end": "00:34:27", "text": "bonds another important thing. Bonds are"}, {"start": "00:34:25", "end": "00:34:29", "text": "not doing that well. So the Fed will"}, {"start": "00:34:27", "end": "00:34:32", "text": "have to step in. Government will have to"}, {"start": "00:34:29", "end": "00:34:34", "text": "step in guys. Let's go to Q&A questions,"}, {"start": "00:34:32", "end": "00:34:37", "text": "answers, debates. Let's go. Big shout"}, {"start": "00:34:34", "end": "00:34:40", "text": "out. Big shout out to who? To Guzman for"}, {"start": "00:34:37", "end": "00:34:42", "text": "timestamping us today."}, {"start": "00:34:40", "end": "00:34:44", "text": "Guzman, how are you? Check, check,"}, {"start": "00:34:42", "end": "00:34:47", "text": "check. You're with us. Guzman is"}, {"start": "00:34:44", "end": "00:34:48", "text": "timestamping us. Uh, and also let me"}, {"start": "00:34:47", "end": "00:34:50", "text": "check quickly here. So, we didn't miss"}, {"start": "00:34:48", "end": "00:34:51", "text": "any big move if I check. Yeah, I mean"}, {"start": "00:34:50", "end": "00:34:53", "text": "nothing happened, guys. Nothing"}, {"start": "00:34:51", "end": "00:34:55", "text": "happened. There are no big moves. Boop,"}, {"start": "00:34:53", "end": "00:34:58", "text": "boop, boop. Nothing happened today. It's"}, {"start": "00:34:55", "end": "00:35:01", "text": "sideways. I'm just here to remind the"}, {"start": "00:34:58", "end": "00:35:02", "text": "plebe to follow the plan. Follow the"}, {"start": "00:35:01", "end": "00:35:05", "text": "plan. Stick to the plan. There is"}, {"start": "00:35:02", "end": "00:35:07", "text": "volatility. Ah, what's going to happen?"}, {"start": "00:35:05", "end": "00:35:09", "text": "We're going to go down. We're going to"}, {"start": "00:35:07", "end": "00:35:11", "text": "go down. What's Well, you should have a"}, {"start": "00:35:09", "end": "00:35:12", "text": "plan for everything. In bull menu, we"}, {"start": "00:35:11", "end": "00:35:15", "text": "teach all the time. What's your plan?"}, {"start": "00:35:12", "end": "00:35:16", "text": "What's your exit? And I'm very calm. How"}, {"start": "00:35:15", "end": "00:35:18", "text": "can we be so calm? It's it's it's it's"}, {"start": "00:35:16", "end": "00:35:21", "text": "volatile because if it goes down, we"}, {"start": "00:35:18", "end": "00:35:23", "text": "have a plan. If it moves, we have a"}, {"start": "00:35:21", "end": "00:35:26", "text": "plan. The probability is more towards"}, {"start": "00:35:23", "end": "00:35:28", "text": "the moon. But it could go down. It could"}, {"start": "00:35:26", "end": "00:35:32", "text": "go down like always. But probability is"}, {"start": "00:35:28", "end": "00:35:34", "text": "higher for a big fat Valhalla. And"}, {"start": "00:35:32", "end": "00:35:37", "text": "that's exactly exactly why we're here,"}, {"start": "00:35:34", "end": "00:35:39", "text": "guys. Let's go. Q&A"}, {"start": "00:35:37", "end": "00:35:42", "text": "questions and answers in the base. and"}, {"start": "00:35:39", "end": "00:35:46", "text": "Hunter. Dear dear, our dear Hunter, the"}, {"start": "00:35:42", "end": "00:35:49", "text": "sweet summer child messed up so bad."}, {"start": "00:35:46", "end": "00:35:49", "text": "Very very bad"}, {"start": "00:35:50", "end": "00:35:55", "text": "man. I think he got scammed so much. I I"}, {"start": "00:35:52", "end": "00:35:58", "text": "I even feel sorry for him in in small"}, {"start": "00:35:55", "end": "00:36:00", "text": "way because I don't think it's like with"}, {"start": "00:35:58", "end": "00:36:04", "text": "Javier Mle. I I think it was very"}, {"start": "00:36:00", "end": "00:36:04", "text": "similar there. is service providers."}, {"start": "00:36:05", "end": "00:36:10", "text": "Yeah, yeah, yeah, yeah."}, {"start": "00:36:08", "end": "00:36:13", "text": "You guys, guys, guys, guys."}, {"start": "00:36:10", "end": "00:36:16", "text": "Service provider smile. It's doggy doggy"}, {"start": "00:36:13", "end": "00:36:19", "text": "dog. You got to be super careful if you"}, {"start": "00:36:16", "end": "00:36:22", "text": "are non tech. See, I'm a computer"}, {"start": "00:36:19", "end": "00:36:24", "text": "scientist. I know how liquidity pool I"}, {"start": "00:36:22", "end": "00:36:28", "text": "on a technical level. I understand you"}, {"start": "00:36:24", "end": "00:36:31", "text": "are uh Joe Biden sound. You don't know a"}, {"start": "00:36:28", "end": "00:36:33", "text": "lot. You you don't know too much."}, {"start": "00:36:31", "end": "00:36:35", "text": "You are derping around. I don't know"}, {"start": "00:36:33", "end": "00:36:37", "text": "what you do. What was Hunter Biden?"}, {"start": "00:36:35", "end": "00:36:39", "text": "Listen, is Hunter Ber Biden educated?"}, {"start": "00:36:37", "end": "00:36:41", "text": "Let's see. Hunter Biden, is he educated?"}, {"start": "00:36:39", "end": "00:36:43", "text": "There's no education. He has no"}, {"start": "00:36:41", "end": "00:36:47", "text": "education. How he going to know"}, {"start": "00:36:43", "end": "00:36:51", "text": "anything? Where is his education?"}, {"start": "00:36:47", "end": "00:36:53", "text": "Graduate from Arime Academy, some"}, {"start": "00:36:51", "end": "00:36:55", "text": "Catholic school,"}, {"start": "00:36:53", "end": "00:36:58", "text": "Bachelor of Arts in History. See, this"}, {"start": "00:36:55", "end": "00:37:00", "text": "is not this is fake. This is fake."}, {"start": "00:36:58", "end": "00:37:02", "text": "Bachelor of Arts is not real. It's not"}, {"start": "00:37:00", "end": "00:37:04", "text": "math."}, {"start": "00:37:02", "end": "00:37:08", "text": "Everything that's non- STEM fake bach of"}, {"start": "00:37:04", "end": "00:37:11", "text": "or how how how this does uh how how is"}, {"start": "00:37:08", "end": "00:37:12", "text": "he going to do anything technical? How's"}, {"start": "00:37:11", "end": "00:37:15", "text": "he going to have control of anything?"}, {"start": "00:37:12", "end": "00:37:18", "text": "Whether his finance, whether his talking"}, {"start": "00:37:15", "end": "00:37:21", "text": "launch, he has no education. Bachelor of"}, {"start": "00:37:18", "end": "00:37:21", "text": "Arts in history."}, {"start": "00:37:22", "end": "00:37:28", "text": "What are you going to do with this?"}, {"start": "00:37:24", "end": "00:37:31", "text": "See, this is the West, guys. The West."}, {"start": "00:37:28", "end": "00:37:34", "text": "The west has basically scammed the young"}, {"start": "00:37:31", "end": "00:37:36", "text": "generation for decades. They tell you,"}, {"start": "00:37:34", "end": "00:37:39", "text": "\"Oh yeah, all educations are equal. You"}, {"start": "00:37:36", "end": "00:37:43", "text": "can be in arts. You can be in liberal"}, {"start": "00:37:39", "end": "00:37:45", "text": "arts. You can stand study gender."}, {"start": "00:37:43", "end": "00:37:49", "text": "It's all fake. All fake. The only real"}, {"start": "00:37:45", "end": "00:37:51", "text": "education is around STEM. Around STEM"}, {"start": "00:37:49", "end": "00:37:53", "text": "and lawyer and doctor, but around STEM."}, {"start": "00:37:51", "end": "00:37:56", "text": "So yours truly, I'm a computer"}, {"start": "00:37:53", "end": "00:37:59", "text": "scientist. STEM, you understand? Math."}, {"start": "00:37:56", "end": "00:38:00", "text": "You have a technical profession. You you"}, {"start": "00:37:59", "end": "00:38:02", "text": "you're you're a prof you you you're"}, {"start": "00:38:00", "end": "00:38:04", "text": "you're a professional at something."}, {"start": "00:38:02", "end": "00:38:08", "text": "Okay. STEM. You understand STEM? You"}, {"start": "00:38:04", "end": "00:38:10", "text": "don't understand math. Natural science."}, {"start": "00:38:08", "end": "00:38:11", "text": "That's real education."}, {"start": "00:38:10", "end": "00:38:14", "text": "Anything else, man? You can learn in"}, {"start": "00:38:11", "end": "00:38:15", "text": "free time. You can learn in free time."}, {"start": "00:38:14", "end": "00:38:19", "text": "Anything else? Anything else is easy"}, {"start": "00:38:15", "end": "00:38:21", "text": "math. If you know math, man, to study"}, {"start": "00:38:19", "end": "00:38:24", "text": "this history, what the hell? Archime"}, {"start": "00:38:21", "end": "00:38:26", "text": "Academy, Bachelor of Arts. You can you"}, {"start": "00:38:24", "end": "00:38:28", "text": "can do it in an afternoon because"}, {"start": "00:38:26", "end": "00:38:29", "text": "nothing is hard if it's not STEM. It's"}, {"start": "00:38:28", "end": "00:38:32", "text": "not hard, man. It's not hard. If you"}, {"start": "00:38:29", "end": "00:38:36", "text": "know STEM, you can learn anything. Easy,"}, {"start": "00:38:32", "end": "00:38:40", "text": "easy, easy, easy. Now, of course, Hunter"}, {"start": "00:38:36", "end": "00:38:45", "text": "trying to do a liquidity pool and token"}, {"start": "00:38:40", "end": "00:38:45", "text": "with Bachelor of Arts. Impossible."}, {"start": "00:38:46", "end": "00:38:52", "text": "There's no education."}, {"start": "00:38:49", "end": "00:38:53", "text": "But he has pardon. He has pardon,"}, {"start": "00:38:52", "end": "00:38:55", "text": "conviction, crimes. Okay. Okay. Let's"}, {"start": "00:38:53", "end": "00:38:57", "text": "see."}, {"start": "00:38:55", "end": "00:38:59", "text": "Man, how this guy is going to redeem the"}, {"start": "00:38:57", "end": "00:39:04", "text": "coin."}, {"start": "00:38:59", "end": "00:39:07", "text": "So, let's see. Early life and education."}, {"start": "00:39:04", "end": "00:39:09", "text": "The Biden boys. Oh, yeah. By the way, Bo"}, {"start": "00:39:07", "end": "00:39:11", "text": "passed away. Big sh I mean, condolences."}, {"start": "00:39:09", "end": "00:39:12", "text": "And yeah, it's"}, {"start": "00:39:11", "end": "00:39:15", "text": "I mean, you know, Joe Biden, he's"}, {"start": "00:39:12", "end": "00:39:16", "text": "actually a u Yeah. I mean, he's like,"}, {"start": "00:39:15", "end": "00:39:22", "text": "you know, family man. He has the the"}, {"start": "00:39:16", "end": "00:39:26", "text": "kids. Yeah. So yeah. Uh"}, {"start": "00:39:22", "end": "00:39:27", "text": "yeah. So Bo unfortunately passed away"}, {"start": "00:39:26", "end": "00:39:32", "text": "but Hunter is here. So anyway, let's"}, {"start": "00:39:27", "end": "00:39:32", "text": "check Hunter. Hunter. Hunter."}, {"start": "00:39:34", "end": "00:39:39", "text": "Yeah. Drugs and alcohol. He went"}, {"start": "00:39:36", "end": "00:39:41", "text": "treatment for alcoholism."}, {"start": "00:39:39", "end": "00:39:42", "text": "Relapse several."}, {"start": "00:39:41", "end": "00:39:46", "text": "Yeah. I mean it's tough. You know we"}, {"start": "00:39:42", "end": "00:39:49", "text": "joke about uh Yeah. Should we see B?"}, {"start": "00:39:46", "end": "00:39:51", "text": "You know, we joke about Hunter, but it's"}, {"start": "00:39:49", "end": "00:39:53", "text": "uh it's it's not fun. I mean, it's uh"}, {"start": "00:39:51", "end": "00:39:55", "text": "it's very serious. The situation is very"}, {"start": "00:39:53", "end": "00:39:59", "text": "very serious. Very very serious. So,"}, {"start": "00:39:55", "end": "00:40:01", "text": "yeah. But man, even if I feel sympathy"}, {"start": "00:39:59", "end": "00:40:03", "text": "for for Hunter,"}, {"start": "00:40:01", "end": "00:40:05", "text": "I mean, based on the situ, but at the"}, {"start": "00:40:03", "end": "00:40:08", "text": "same time, you know, he's a grown ass"}, {"start": "00:40:05", "end": "00:40:09", "text": "man. Okay? You I cannot cry for you. You"}, {"start": "00:40:08", "end": "00:40:11", "text": "know, you're a grown ass man, man. You"}, {"start": "00:40:09", "end": "00:40:12", "text": "know, fix yourself. Fix yourself. No, I"}, {"start": "00:40:11", "end": "00:40:13", "text": "mean, at the end of the day, grown ass"}, {"start": "00:40:12", "end": "00:40:15", "text": "man, no one cares about you. If you're a"}, {"start": "00:40:13", "end": "00:40:17", "text": "grown ass man, guys, no one cares about"}, {"start": "00:40:15", "end": "00:40:19", "text": "you. You fix yourself. Good. You don't"}, {"start": "00:40:17", "end": "00:40:21", "text": "fix. No one cares. No one cares. No one"}, {"start": "00:40:19", "end": "00:40:24", "text": "cares. You're not a golden retriever."}, {"start": "00:40:21", "end": "00:40:26", "text": "Okay. I have two golden retrievers for"}, {"start": "00:40:24", "end": "00:40:28", "text": "them. You know, people love them. You"}, {"start": "00:40:26", "end": "00:40:32", "text": "know, it's ask a grown ass dude, man."}, {"start": "00:40:28", "end": "00:40:35", "text": "You either you fix yourself or fito."}, {"start": "00:40:32", "end": "00:40:38", "text": "Okay. So, by feeling sorry for a grown"}, {"start": "00:40:35", "end": "00:40:39", "text": "ass man, I don't like it because then he"}, {"start": "00:40:38", "end": "00:40:41", "text": "doesn't understand that it's up to him."}, {"start": "00:40:39", "end": "00:40:44", "text": "But let's see. He's trying to scam now"}, {"start": "00:40:41", "end": "00:40:46", "text": "with the Hunter Blapcoin."}, {"start": "00:40:44", "end": "00:40:47", "text": "Make some money. Anyway guys, let's move"}, {"start": "00:40:46", "end": "00:40:51", "text": "on. I don't know what we're speaking"}, {"start": "00:40:47", "end": "00:40:51", "text": "about. Let's go to Q&A."}, {"start": "00:40:53", "end": "00:40:57", "text": "Let's go to Q&A."}, {"start": "00:40:59", "end": "00:41:03", "text": "Why do you drink coffee? Yeah, I I"}, {"start": "00:41:01", "end": "00:41:05", "text": "haven't found a stylish bull market."}, {"start": "00:41:03", "end": "00:41:06", "text": "Actually, I haven't found a stylish."}, {"start": "00:41:05", "end": "00:41:08", "text": "This one is very nice. This one, you"}, {"start": "00:41:06", "end": "00:41:09", "text": "see, you see how stylish it is? I like I"}, {"start": "00:41:08", "end": "00:41:12", "text": "like how it looks. The design is very"}, {"start": "00:41:09", "end": "00:41:12", "text": "nice."}, {"start": "00:41:13", "end": "00:41:17", "text": "Maybe we should keep it to remind"}, {"start": "00:41:15", "end": "00:41:20", "text": "ourselves that in the bull we're"}, {"start": "00:41:17", "end": "00:41:22", "text": "bullish, but the bear is going to come"}, {"start": "00:41:20", "end": "00:41:26", "text": "at some point. Then come at some point."}, {"start": "00:41:22", "end": "00:41:26", "text": "Big shout to golden shiver. Exactly."}, {"start": "00:41:27", "end": "00:41:31", "text": "Yeah. So, uh yeah, I haven't found a"}, {"start": "00:41:29", "end": "00:41:33", "text": "similar one for with the bull. You you"}, {"start": "00:41:31", "end": "00:41:39", "text": "Let's see if I can focus, man. So nice."}, {"start": "00:41:33", "end": "00:41:39", "text": "So nice. So nice. I I like lotion."}, {"start": "00:41:41", "end": "00:41:45", "text": "Will Bulmania have an option to follow"}, {"start": "00:41:43", "end": "00:41:48", "text": "or copy trades to follow or copy trade"}, {"start": "00:41:45", "end": "00:41:50", "text": "successful traders? I mean you can do it"}, {"start": "00:41:48", "end": "00:41:53", "text": "on uh different exchanges. You can do it"}, {"start": "00:41:50", "end": "00:41:55", "text": "on chain I guess with like FOMO app but"}, {"start": "00:41:53", "end": "00:41:58", "text": "our strategy is not about copy trading"}, {"start": "00:41:55", "end": "00:41:59", "text": "because copy trading I mean listen if"}, {"start": "00:41:58", "end": "00:42:01", "text": "copy trading would work everyone would"}, {"start": "00:41:59", "end": "00:42:02", "text": "be rich. Instead you need mechanical"}, {"start": "00:42:01", "end": "00:42:06", "text": "rules. We're about mechanical rules not"}, {"start": "00:42:02", "end": "00:42:07", "text": "copy trading. uh copy trading it's the"}, {"start": "00:42:06", "end": "00:42:10", "text": "reason why it doesn't work for most"}, {"start": "00:42:07", "end": "00:42:12", "text": "people is because they don't understand"}, {"start": "00:42:10", "end": "00:42:14", "text": "what they're doing what they're doing I"}, {"start": "00:42:12", "end": "00:42:16", "text": "mean copy trading you you copy trade"}, {"start": "00:42:14", "end": "00:42:17", "text": "someone you don't know what other"}, {"start": "00:42:16", "end": "00:42:21", "text": "positions he has you don't know his"}, {"start": "00:42:17", "end": "00:42:23", "text": "total allocation etc etc etc so uh for"}, {"start": "00:42:21", "end": "00:42:25", "text": "most people actually copy trading is"}, {"start": "00:42:23", "end": "00:42:27", "text": "more or less a trap if you don't if you"}, {"start": "00:42:25", "end": "00:42:29", "text": "do it incorrectly maybe there is a way"}, {"start": "00:42:27", "end": "00:42:30", "text": "that you can apply I'm thinking just now"}, {"start": "00:42:29", "end": "00:42:33", "text": "what we teach in Bulmania the mechanical"}, {"start": "00:42:30", "end": "00:42:35", "text": "rules are strategies can you like see a"}, {"start": "00:42:33", "end": "00:42:36", "text": "coin opportunity and still apply the"}, {"start": "00:42:35", "end": "00:42:38", "text": "same rules with the exit and everything."}, {"start": "00:42:36", "end": "00:42:41", "text": "So you have your own you have your own"}, {"start": "00:42:38", "end": "00:42:43", "text": "control you have your own control uh of"}, {"start": "00:42:41", "end": "00:42:45", "text": "the trade I think that could work that"}, {"start": "00:42:43", "end": "00:42:47", "text": "could be interesting but if you just"}, {"start": "00:42:45", "end": "00:42:48", "text": "copy trade and you don't have control of"}, {"start": "00:42:47", "end": "00:42:51", "text": "your of the trade like you don't"}, {"start": "00:42:48", "end": "00:42:53", "text": "understand the thesis the take profit"}, {"start": "00:42:51", "end": "00:42:56", "text": "the the every you don't understand"}, {"start": "00:42:53", "end": "00:42:59", "text": "anything just like Hunter Biden has arts"}, {"start": "00:42:56", "end": "00:43:01", "text": "in what is it degree in art in the"}, {"start": "00:42:59", "end": "00:43:03", "text": "history he doesn't understand too much"}, {"start": "00:43:01", "end": "00:43:04", "text": "the same is with you you don't"}, {"start": "00:43:03", "end": "00:43:06", "text": "understand too much if you just copy"}, {"start": "00:43:04", "end": "00:43:08", "text": "trade you understand copy trade amazing"}, {"start": "00:43:06", "end": "00:43:10", "text": "is like you having liberal art degree"}, {"start": "00:43:08", "end": "00:43:12", "text": "and you want to get a proper uh"}, {"start": "00:43:10", "end": "00:43:14", "text": "profession whether business or non-b"}, {"start": "00:43:12", "end": "00:43:17", "text": "businessiness with liberal art we're"}, {"start": "00:43:14", "end": "00:43:22", "text": "going to go liberal liberal art there's"}, {"start": "00:43:17", "end": "00:43:24", "text": "nowhere to go so but yeah anyway so as"}, {"start": "00:43:22", "end": "00:43:26", "text": "uh if you get a kid don't tell don't"}, {"start": "00:43:24", "end": "00:43:28", "text": "tell them to go liberal art they need to"}, {"start": "00:43:26", "end": "00:43:31", "text": "go stem STEM stem STEM then if they want"}, {"start": "00:43:28", "end": "00:43:33", "text": "art you can do art anyone can do art man"}, {"start": "00:43:31", "end": "00:43:36", "text": "in free time you can do art you can go"}, {"start": "00:43:33", "end": "00:43:39", "text": "art class can do art"}, {"start": "00:43:36", "end": "00:43:42", "text": "Uh, let's go. Let's go, guys. I'm a bit"}, {"start": "00:43:39", "end": "00:43:44", "text": "late today. Looking at CME, Robin Hood,"}, {"start": "00:43:42", "end": "00:43:47", "text": "memecoin or utility."}, {"start": "00:43:44", "end": "00:43:52", "text": "Looking at CME, Robin Hood memecoin."}, {"start": "00:43:47", "end": "00:43:54", "text": "See, uh, I don't understand. There's a"}, {"start": "00:43:52", "end": "00:43:56", "text": "memecoin that that is called that or"}, {"start": "00:43:54", "end": "00:43:58", "text": "what? Let me check the the meme coins on"}, {"start": "00:43:56", "end": "00:44:01", "text": "Robin Hood. You have the fly brain. It"}, {"start": "00:43:58", "end": "00:44:07", "text": "is this thing we just saw with the with"}, {"start": "00:44:01", "end": "00:44:10", "text": "the uh um with the fly uh fruit fly"}, {"start": "00:44:07", "end": "00:44:12", "text": "um down. Let's see 24 hours. Oh, it just"}, {"start": "00:44:10", "end": "00:44:14", "text": "launched. Okay, it just launched 14"}, {"start": "00:44:12", "end": "00:44:18", "text": "hours ago."}, {"start": "00:44:14", "end": "00:44:21", "text": "Uh the this fly then you have serious."}, {"start": "00:44:18", "end": "00:44:23", "text": "Yeah, this these are the ones. Two two"}, {"start": "00:44:21", "end": "00:44:27", "text": "billion volume. Sana, how much volume?"}, {"start": "00:44:23", "end": "00:44:27", "text": "Six billion."}, {"start": "00:44:27", "end": "00:44:30", "text": "Let's check pawns by the way. What"}, {"start": "00:44:28", "end": "00:44:33", "text": "happened to pawns? Is pawns still in"}, {"start": "00:44:30", "end": "00:44:33", "text": "this room with us"}, {"start": "00:44:33", "end": "00:44:37", "text": "pawns USD?"}, {"start": "00:44:38", "end": "00:44:42", "text": "Let's check hourly"}, {"start": "00:44:40", "end": "00:44:46", "text": "pawns a bit of a bare trend but bad but"}, {"start": "00:44:42", "end": "00:44:48", "text": "but may resume the bulla very soon."}, {"start": "00:44:46", "end": "00:44:49", "text": "Ah let's see where it bottoms out. It's"}, {"start": "00:44:48", "end": "00:44:51", "text": "bare trend now. It could go down even"}, {"start": "00:44:49", "end": "00:44:54", "text": "further but as soon as bull trend"}, {"start": "00:44:51", "end": "00:44:54", "text": "fantastic"}, {"start": "00:45:01", "end": "00:45:05", "text": "Google man saying it would be more"}, {"start": "00:45:02", "end": "00:45:07", "text": "seeing where attention is. Go to foromo"}, {"start": "00:45:05", "end": "00:45:09", "text": "app the there there is we actually have"}, {"start": "00:45:07", "end": "00:45:11", "text": "go to my video from yesterday. There is"}, {"start": "00:45:09", "end": "00:45:13", "text": "a foromo app link at the top from the"}, {"start": "00:45:11", "end": "00:45:14", "text": "video from yesterday. There you can see"}, {"start": "00:45:13", "end": "00:45:16", "text": "what what kind of shitcoin people are"}, {"start": "00:45:14", "end": "00:45:18", "text": "buying."}, {"start": "00:45:16", "end": "00:45:21", "text": "But yeah, all in all, copy trading it's"}, {"start": "00:45:18", "end": "00:45:24", "text": "it's inferior. It's a it's a inferior uh"}, {"start": "00:45:21", "end": "00:45:26", "text": "strategy to uh seeing what's happening"}, {"start": "00:45:24", "end": "00:45:29", "text": "in the chart, seeing what's flipping"}, {"start": "00:45:26", "end": "00:45:32", "text": "bullish, etc., etc. And then to see"}, {"start": "00:45:29", "end": "00:45:34", "text": "where the tension is, you ask bullman AI"}, {"start": "00:45:32", "end": "00:45:36", "text": "based on bull flips because bull flip"}, {"start": "00:45:34", "end": "00:45:38", "text": "means that there is demand. There is"}, {"start": "00:45:36", "end": "00:45:39", "text": "clear demand. Then you ask bullman AI"}, {"start": "00:45:38", "end": "00:45:41", "text": "what's happening? Where's the most"}, {"start": "00:45:39", "end": "00:45:43", "text": "attention? Fantastic. Fantastic. But"}, {"start": "00:45:41", "end": "00:45:46", "text": "yeah, I mean for this like meme sh meme"}, {"start": "00:45:43", "end": "00:45:49", "text": "stuff meme stuff if you want to be, you"}, {"start": "00:45:46", "end": "00:45:51", "text": "know, playing in the dirt, so to speak."}, {"start": "00:45:49", "end": "00:45:53", "text": "And by the way, I nothing against that,"}, {"start": "00:45:51", "end": "00:45:55", "text": "but it's it's it's just um it's it's"}, {"start": "00:45:53", "end": "00:45:57", "text": "more gamble, you know, it's more gamble,"}, {"start": "00:45:55", "end": "00:45:58", "text": "but it's you can still be there, but"}, {"start": "00:45:57", "end": "00:46:00", "text": "there you see on like the FOMO app"}, {"start": "00:45:58", "end": "00:46:01", "text": "what's what people are trading, but you"}, {"start": "00:46:00", "end": "00:46:02", "text": "have to be fast there. You know, today"}, {"start": "00:46:01", "end": "00:46:03", "text": "they're trading this, tomorrow there's"}, {"start": "00:46:02", "end": "00:46:05", "text": "something else. You know, today's fly"}, {"start": "00:46:03", "end": "00:46:09", "text": "brain, this fruit fly, tomorrow no one"}, {"start": "00:46:05", "end": "00:46:09", "text": "cares about fruitfly."}, {"start": "00:46:18", "end": "00:46:25", "text": "Definitely feel copy trade is a path to"}, {"start": "00:46:20", "end": "00:46:29", "text": "disappointment and angry users."}, {"start": "00:46:25", "end": "00:46:30", "text": "Yo yo string stringberg what's up? Good"}, {"start": "00:46:29", "end": "00:46:31", "text": "to see you. Good to see you. How is"}, {"start": "00:46:30", "end": "00:46:33", "text": "polot man? You're still in polot. Oh no"}, {"start": "00:46:31", "end": "00:46:35", "text": "no no you said you're not in pol. Yeah"}, {"start": "00:46:33", "end": "00:46:37", "text": "yeah yeah polka do is not doing well."}, {"start": "00:46:35", "end": "00:46:40", "text": "Yeah. I mean and another thing with I"}, {"start": "00:46:37", "end": "00:46:43", "text": "think okay thinking about bulmania"}, {"start": "00:46:40", "end": "00:46:47", "text": "we are the bullmania is like a gift to"}, {"start": "00:46:43", "end": "00:46:48", "text": "humanity. It teaches the plebbe the who"}, {"start": "00:46:47", "end": "00:46:51", "text": "doesn't know anything about trading how"}, {"start": "00:46:48", "end": "00:46:53", "text": "to trade. Of course if you just have"}, {"start": "00:46:51", "end": "00:46:55", "text": "copy trading it removes that purpose. It"}, {"start": "00:46:53", "end": "00:46:57", "text": "becomes yet again the plebe gets cooked"}, {"start": "00:46:55", "end": "00:46:59", "text": "because he wants he sees something"}, {"start": "00:46:57", "end": "00:47:02", "text": "shiny. Oh copy trade copy trade. He gets"}, {"start": "00:46:59", "end": "00:47:04", "text": "cooked man. He gets cooked. So that"}, {"start": "00:47:02", "end": "00:47:08", "text": "would be actually against our philosophy"}, {"start": "00:47:04", "end": "00:47:12", "text": "of mechanical rules. But if you apply"}, {"start": "00:47:08", "end": "00:47:14", "text": "mechanical rules on a new bull trend"}, {"start": "00:47:12", "end": "00:47:18", "text": "where there's also some entries from"}, {"start": "00:47:14", "end": "00:47:20", "text": "smart wallets, why not? At the same"}, {"start": "00:47:18", "end": "00:47:22", "text": "time, it would add complexity. It would"}, {"start": "00:47:20", "end": "00:47:25", "text": "add like we have bulman AI to check"}, {"start": "00:47:22", "end": "00:47:27", "text": "what's what's going on. So we want a"}, {"start": "00:47:25", "end": "00:47:29", "text": "simple system. Simplicity over"}, {"start": "00:47:27", "end": "00:47:31", "text": "complexity. Keep it simple."}, {"start": "00:47:29", "end": "00:47:33", "text": "responsibility for your own trade, not"}, {"start": "00:47:31", "end": "00:47:34", "text": "copy copy trade mindlessly because"}, {"start": "00:47:33", "end": "00:47:36", "text": "you're going to you're going to get"}, {"start": "00:47:34", "end": "00:47:38", "text": "wrecked. So yeah, learn learn very"}, {"start": "00:47:36", "end": "00:47:42", "text": "important. But yeah, thanks Guzman for"}, {"start": "00:47:38", "end": "00:47:43", "text": "ideas uh is good. But uh that that's"}, {"start": "00:47:42", "end": "00:47:45", "text": "that's my current view. But let's see"}, {"start": "00:47:43", "end": "00:47:47", "text": "let's see if the bull bull market"}, {"start": "00:47:45", "end": "00:47:48", "text": "continues. Maybe there are there is"}, {"start": "00:47:47", "end": "00:47:51", "text": "something that makes sense. I mean what"}, {"start": "00:47:48", "end": "00:47:55", "text": "would make sense is to add this you know"}, {"start": "00:47:51", "end": "00:47:57", "text": "smart wallets from like FOMO into bull"}, {"start": "00:47:55", "end": "00:47:58", "text": "mania AI. That's probably the solution"}, {"start": "00:47:57", "end": "00:48:00", "text": "by the way. That's probably the solution"}, {"start": "00:47:58", "end": "00:48:02", "text": "because the problem is that you when you"}, {"start": "00:48:00", "end": "00:48:04", "text": "have let's say 20 coins that feel"}, {"start": "00:48:02", "end": "00:48:05", "text": "bullish at the same time you need to"}, {"start": "00:48:04", "end": "00:48:07", "text": "choose a few of them you cannot be in"}, {"start": "00:48:05", "end": "00:48:08", "text": "all of them and that's where bullmania"}, {"start": "00:48:07", "end": "00:48:10", "text": "AI comes in because then you ask"}, {"start": "00:48:08", "end": "00:48:12", "text": "bulmania AI okay which one has the most"}, {"start": "00:48:10", "end": "00:48:15", "text": "momentum on socials where is the biggest"}, {"start": "00:48:12", "end": "00:48:17", "text": "community etc and imagine if you also"}, {"start": "00:48:15", "end": "00:48:19", "text": "could see the smart wallets you can also"}, {"start": "00:48:17", "end": "00:48:20", "text": "see where the most smart wallets are I"}, {"start": "00:48:19", "end": "00:48:22", "text": "mean that that that would be something"}, {"start": "00:48:20", "end": "00:48:24", "text": "that would be something but at the same"}, {"start": "00:48:22", "end": "00:48:26", "text": "time you see with the copy trading and"}, {"start": "00:48:24", "end": "00:48:28", "text": "smart wallets it only works for onchain"}, {"start": "00:48:26", "end": "00:48:30", "text": "coins And most coins people trade, it's"}, {"start": "00:48:28", "end": "00:48:32", "text": "like ada, you know, it's like they want"}, {"start": "00:48:30", "end": "00:48:33", "text": "XRP. That's what we learned with Morales"}, {"start": "00:48:32", "end": "00:48:35", "text": "money back in the day. You remember we"}, {"start": "00:48:33", "end": "00:48:38", "text": "had Morales money. With Morales money,"}, {"start": "00:48:35", "end": "00:48:39", "text": "we only had onchain stuff. But people"}, {"start": "00:48:38", "end": "00:48:41", "text": "most most people they want to trade like"}, {"start": "00:48:39", "end": "00:48:46", "text": "you know the top coins and top coins is"}, {"start": "00:48:41", "end": "00:48:48", "text": "like um uh yeah like ADA,"}, {"start": "00:48:46", "end": "00:48:52", "text": "XRP,"}, {"start": "00:48:48", "end": "00:48:54", "text": "Zcash, Hyperlquid, etc., etc. Dogecoin"}, {"start": "00:48:52", "end": "00:48:56", "text": "Dogecoin. So this feature would be more"}, {"start": "00:48:54", "end": "00:48:59", "text": "like for a subset of users that that"}, {"start": "00:48:56", "end": "00:49:01", "text": "want to be uh onchain on chain like"}, {"start": "00:48:59", "end": "00:49:03", "text": "trade those coins that are from onchain."}, {"start": "00:49:01", "end": "00:49:06", "text": "But yeah, good stuff. Good stuff. I I'll"}, {"start": "00:49:03", "end": "00:49:10", "text": "think about it. I'll think about that."}, {"start": "00:49:06", "end": "00:49:12", "text": "Uh check Zcat. Let's see. Zcat. Zcat it"}, {"start": "00:49:10", "end": "00:49:14", "text": "has on trades view or we have to go to"}, {"start": "00:49:12", "end": "00:49:16", "text": "the screener. Let's see. Anonymous cat."}, {"start": "00:49:14", "end": "00:49:18", "text": "Yeah, Maxi has it. Maxi has it. Yeah,"}, {"start": "00:49:16", "end": "00:49:20", "text": "it's"}, {"start": "00:49:18", "end": "00:49:21", "text": "Yeah, I miss you yourself. You see"}, {"start": "00:49:20", "end": "00:49:23", "text": "yourself. So it's it's kind of in a"}, {"start": "00:49:21", "end": "00:49:27", "text": "range but kind of yeah sideways and"}, {"start": "00:49:23", "end": "00:49:29", "text": "going down and not too good this uh"}, {"start": "00:49:27", "end": "00:49:31", "text": "yeah doesn't look too good. Let's see if"}, {"start": "00:49:29", "end": "00:49:33", "text": "Dex screener has like a longer chart but"}, {"start": "00:49:31", "end": "00:49:37", "text": "because"}, {"start": "00:49:33", "end": "00:49:39", "text": "let's see anonymous sorry Zcat Zcat not"}, {"start": "00:49:37", "end": "00:49:42", "text": "Gat Zcat"}, {"start": "00:49:39", "end": "00:49:45", "text": "Zcat let's see"}, {"start": "00:49:42", "end": "00:49:48", "text": "let's see if this is a chart that makes"}, {"start": "00:49:45", "end": "00:49:50", "text": "more sense."}, {"start": "00:49:48", "end": "00:49:53", "text": "Uh"}, {"start": "00:49:50", "end": "00:49:54", "text": "yeah. So actually yeah the make C chart"}, {"start": "00:49:53", "end": "00:49:58", "text": "doesn't have this runup but all in all"}, {"start": "00:49:54", "end": "00:50:00", "text": "you can still use it. Uh the MAC C chart"}, {"start": "00:49:58", "end": "00:50:02", "text": "is like this."}, {"start": "00:50:00", "end": "00:50:04", "text": "Uh I don't know man. Like it's already"}, {"start": "00:50:02", "end": "00:50:06", "text": "pumped. It's consolidating. There are"}, {"start": "00:50:04", "end": "00:50:08", "text": "probably going to be new memes. You know"}, {"start": "00:50:06", "end": "00:50:10", "text": "this meme launched when six time. It's"}, {"start": "00:50:08", "end": "00:50:12", "text": "like launched five days ago. Yeah. I I"}, {"start": "00:50:10", "end": "00:50:13", "text": "mean if you want you could monitor it."}, {"start": "00:50:12", "end": "00:50:15", "text": "When it goes bull you can be bullish."}, {"start": "00:50:13", "end": "00:50:16", "text": "But it's see this is the problem with me"}, {"start": "00:50:15", "end": "00:50:18", "text": "because there's going to be another one"}, {"start": "00:50:16", "end": "00:50:20", "text": "tomorrow. Will anyone care about this"}, {"start": "00:50:18", "end": "00:50:21", "text": "anonymous cat in a week? Maybe they"}, {"start": "00:50:20", "end": "00:50:23", "text": "will. Maybe they will. But you're going"}, {"start": "00:50:21", "end": "00:50:26", "text": "to know it if it is bullish. Now it's"}, {"start": "00:50:23", "end": "00:50:26", "text": "bearish."}, {"start": "00:50:29", "end": "00:50:33", "text": "Polygon chart. Polygon chart. Let's go"}, {"start": "00:50:30", "end": "00:50:35", "text": "to polygon chart."}, {"start": "00:50:33", "end": "00:50:38", "text": "I believe it flipped bullish the other"}, {"start": "00:50:35", "end": "00:50:40", "text": "day if I remember correctly on the Let's"}, {"start": "00:50:38", "end": "00:50:42", "text": "see on the weekly"}, {"start": "00:50:40", "end": "00:50:46", "text": "one week."}, {"start": "00:50:42", "end": "00:50:46", "text": "Yeah. Yeah. Yeah."}, {"start": "00:50:46", "end": "00:50:50", "text": "flip bullish but you see retraced a bit."}, {"start": "00:50:48", "end": "00:50:51", "text": "So all in all bullish but if you haven't"}, {"start": "00:50:50", "end": "00:50:54", "text": "entered it I wouldn't enter until it"}, {"start": "00:50:51", "end": "00:50:55", "text": "goes above the yellow line. If you enter"}, {"start": "00:50:54", "end": "00:50:58", "text": "it then you have stop loss you have"}, {"start": "00:50:55", "end": "00:51:00", "text": "mechanical rules etc etc but the uh"}, {"start": "00:50:58", "end": "00:51:04", "text": "overall bullish"}, {"start": "00:51:00", "end": "00:51:05", "text": "so positive but for it to if you if"}, {"start": "00:51:04", "end": "00:51:09", "text": "you're not in polygon now I would"}, {"start": "00:51:05", "end": "00:51:09", "text": "actually wait for it to go above here."}, {"start": "00:51:15", "end": "00:51:20", "text": "How do you see on lishak ono"}, {"start": "00:51:18", "end": "00:51:21", "text": "sound from Cape Town? Fantastic."}, {"start": "00:51:20", "end": "00:51:23", "text": "Fantastic."}, {"start": "00:51:21", "end": "00:51:26", "text": "Big shout out to Cape Town. Oh, very"}, {"start": "00:51:23", "end": "00:51:28", "text": "similar to Polygon by the way. This copy"}, {"start": "00:51:26", "end": "00:51:29", "text": "paste the same answer from Polygon. I"}, {"start": "00:51:28", "end": "00:51:31", "text": "will not reexplain to you. But you see"}, {"start": "00:51:29", "end": "00:51:34", "text": "there's there's kind of similar"}, {"start": "00:51:31", "end": "00:51:34", "text": "situation"}, {"start": "00:51:35", "end": "00:51:41", "text": "bullish but uh just consolidating here."}, {"start": "00:51:39", "end": "00:51:43", "text": "So"}, {"start": "00:51:41", "end": "00:51:46", "text": "if it gets above this breakout, the bull"}, {"start": "00:51:43", "end": "00:51:48", "text": "flip again, good. Good. But yeah,"}, {"start": "00:51:46", "end": "00:51:50", "text": "overall bullish. Uh let's see. ICP, I"}, {"start": "00:51:48", "end": "00:51:52", "text": "mean many things are are turning bullish"}, {"start": "00:51:50", "end": "00:51:58", "text": "now, guys. It's time to be more bullish"}, {"start": "00:51:52", "end": "00:51:58", "text": "than bearish. ICP Ban. So stay away."}, {"start": "00:51:59", "end": "00:52:02", "text": "Oh yeah, let's check this one. Guzman"}, {"start": "00:52:00", "end": "00:52:06", "text": "from this the last one. Let's check what"}, {"start": "00:52:02", "end": "00:52:08", "text": "Elo said about the old coins because now"}, {"start": "00:52:06", "end": "00:52:10", "text": "I love Elo, but he has also a coin that"}, {"start": "00:52:08", "end": "00:52:12", "text": "is old."}, {"start": "00:52:10", "end": "00:52:16", "text": "But big shout out to Elo. I think he's"}, {"start": "00:52:12", "end": "00:52:16", "text": "going to do great things this cycle."}, {"start": "00:52:16", "end": "00:52:23", "text": "And you see"}, {"start": "00:52:19", "end": "00:52:26", "text": "I I mean I I'm I'm thinking about"}, {"start": "00:52:23", "end": "00:52:28", "text": "Yeah. I mean I with some coins I agree"}, {"start": "00:52:26", "end": "00:52:34", "text": "with some coins that are still there. I"}, {"start": "00:52:28", "end": "00:52:36", "text": "agree uh with Super probably he's"}, {"start": "00:52:34", "end": "00:52:38", "text": "uh I I think he's truthfully bullish on"}, {"start": "00:52:36", "end": "00:52:40", "text": "Super because he knows that everything"}, {"start": "00:52:38", "end": "00:52:43", "text": "is all of the lockups everyone who"}, {"start": "00:52:40", "end": "00:52:44", "text": "wanted to dump already dump. I mean"}, {"start": "00:52:43", "end": "00:52:46", "text": "that's how I see I see it more as a"}, {"start": "00:52:44", "end": "00:52:49", "text": "message to the super guys, to the super"}, {"start": "00:52:46", "end": "00:52:51", "text": "holders. Okay. I don't think it's a"}, {"start": "00:52:49", "end": "00:52:53", "text": "message, you know, to buy some old crap"}, {"start": "00:52:51", "end": "00:52:55", "text": "that, you know, just laying around"}, {"start": "00:52:53", "end": "00:52:58", "text": "around somewhere. I think it's more of a"}, {"start": "00:52:55", "end": "00:53:00", "text": "message because I would imagine that he"}, {"start": "00:52:58", "end": "00:53:02", "text": "because he is the creator of the coin,"}, {"start": "00:53:00", "end": "00:53:05", "text": "he needs to be a bit careful how he"}, {"start": "00:53:02", "end": "00:53:08", "text": "pumps it. I would imagine this is a"}, {"start": "00:53:05", "end": "00:53:09", "text": "message about his coin more than, you"}, {"start": "00:53:08", "end": "00:53:12", "text": "know, go out and buy, I don't know, like"}, {"start": "00:53:09", "end": "00:53:14", "text": "Iota or something. You understand? I I"}, {"start": "00:53:12", "end": "00:53:16", "text": "would imagine it's it's like it's more"}, {"start": "00:53:14", "end": "00:53:18", "text": "like this. He says, \"My single most"}, {"start": "00:53:16", "end": "00:53:20", "text": "controversial take of this cycle is that"}, {"start": "00:53:18", "end": "00:53:23", "text": "old coins will make you richer than new"}, {"start": "00:53:20", "end": "00:53:25", "text": "ones this cycle.\" Now that now this may"}, {"start": "00:53:23", "end": "00:53:27", "text": "seem absolutely insane in the context of"}, {"start": "00:53:25", "end": "00:53:30", "text": "memecoin cycle."}, {"start": "00:53:27", "end": "00:53:32", "text": "Most of the reason people hate VC coins"}, {"start": "00:53:30", "end": "00:53:35", "text": "is that they there were years of token"}, {"start": "00:53:32", "end": "00:53:37", "text": "overhang, so they never pumped. Well,"}, {"start": "00:53:35", "end": "00:53:39", "text": "kids, those veing schedules are now are"}, {"start": "00:53:37", "end": "00:53:41", "text": "now done. So, I think he speaks about"}, {"start": "00:53:39", "end": "00:53:43", "text": "his coin, guys. Uh but he needs to be"}, {"start": "00:53:41", "end": "00:53:46", "text": "careful not to like yeah shill it too"}, {"start": "00:53:43", "end": "00:53:49", "text": "much. Um"}, {"start": "00:53:46", "end": "00:53:51", "text": "and uh"}, {"start": "00:53:49", "end": "00:53:54", "text": "yeah I mean probably a signal for for"}, {"start": "00:53:51", "end": "00:53:57", "text": "the super. I'm I'm actually yeah maybe"}, {"start": "00:53:54", "end": "00:54:00", "text": "we should get a bit of super"}, {"start": "00:53:57", "end": "00:54:04", "text": "because the VCs are out now they pivot"}, {"start": "00:54:00", "end": "00:54:07", "text": "to buy token buybacks and burns. Um yeah"}, {"start": "00:54:04", "end": "00:54:09", "text": "I don't know how much uh buybacks super"}, {"start": "00:54:07", "end": "00:54:11", "text": "has if anything you guys who are in the"}, {"start": "00:54:09", "end": "00:54:14", "text": "community can tell us"}, {"start": "00:54:11", "end": "00:54:17", "text": "uh that's why they will make you richer"}, {"start": "00:54:14", "end": "00:54:20", "text": "than okay another one which let's see"}, {"start": "00:54:17", "end": "00:54:23", "text": "which big ones have buybacks guys let me"}, {"start": "00:54:20", "end": "00:54:26", "text": "actually ask Bulmania AI man Bulmani I"}, {"start": "00:54:23", "end": "00:54:28", "text": "love Bulmani everyone in Bulmania has"}, {"start": "00:54:26", "end": "00:54:31", "text": "Bulmani it's the perfect you know time"}, {"start": "00:54:28", "end": "00:54:35", "text": "to just go to Bulman AI with a cup of"}, {"start": "00:54:31", "end": "00:54:38", "text": "coffee and ask Which old coins have"}, {"start": "00:54:35", "end": "00:54:38", "text": "buybacks?"}, {"start": "00:54:40", "end": "00:54:45", "text": "Let's see which ones have buybacks. I"}, {"start": "00:54:43", "end": "00:54:47", "text": "mean, unis swap doesn't have buybacks"}, {"start": "00:54:45", "end": "00:54:50", "text": "yet. Or do they? Did they turn it on or"}, {"start": "00:54:47", "end": "00:54:54", "text": "not? It could be this DeFi stuff also."}, {"start": "00:54:50", "end": "00:54:54", "text": "You know, the good DeFi stuff."}, {"start": "00:54:54", "end": "00:54:58", "text": "At what level can we ask grandpa to buy"}, {"start": "00:54:56", "end": "00:55:00", "text": "crypto?"}, {"start": "00:54:58", "end": "00:55:03", "text": "Never ask any in your family to do"}, {"start": "00:55:00", "end": "00:55:06", "text": "anything with crypto because they are"}, {"start": "00:55:03", "end": "00:55:08", "text": "wrecked pleb. They will mess up and"}, {"start": "00:55:06", "end": "00:55:13", "text": "blame you. You they what you should tell"}, {"start": "00:55:08", "end": "00:55:15", "text": "them is join bulmania first. Number one"}, {"start": "00:55:13", "end": "00:55:18", "text": "and so they understand what's happening"}, {"start": "00:55:15", "end": "00:55:20", "text": "otherwise you know to tell"}, {"start": "00:55:18", "end": "00:55:21", "text": "I mean how are you gonna tell someone to"}, {"start": "00:55:20", "end": "00:55:23", "text": "do anything with their money? I don't"}, {"start": "00:55:21", "end": "00:55:24", "text": "tell anyone what what they should do"}, {"start": "00:55:23", "end": "00:55:26", "text": "with their money because they're gonna"}, {"start": "00:55:24", "end": "00:55:29", "text": "mess it up. They don't know what I know."}, {"start": "00:55:26", "end": "00:55:30", "text": "They don't have the uh strategy I have."}, {"start": "00:55:29", "end": "00:55:32", "text": "They don't understand the markets. How"}, {"start": "00:55:30", "end": "00:55:35", "text": "you going to explain to your to your,"}, {"start": "00:55:32", "end": "00:55:36", "text": "you know, family about investing?"}, {"start": "00:55:35", "end": "00:55:38", "text": "They're going to lose money. They're"}, {"start": "00:55:36", "end": "00:55:40", "text": "going to blame you. And then, uh,"}, {"start": "00:55:38", "end": "00:55:42", "text": "they're going to think, man, I could"}, {"start": "00:55:40", "end": "00:55:44", "text": "have gone on vacation. I lost 5K. I"}, {"start": "00:55:42", "end": "00:55:46", "text": "could have gone on vacation. And how you"}, {"start": "00:55:44", "end": "00:55:48", "text": "going to explain to them that, oh no, it"}, {"start": "00:55:46", "end": "00:55:49", "text": "was good riskreward. You're going to"}, {"start": "00:55:48", "end": "00:55:52", "text": "tell your grandpa, yeah, it was good"}, {"start": "00:55:49", "end": "00:55:54", "text": "riskreward. It still went down and you"}, {"start": "00:55:52", "end": "00:55:56", "text": "didn't have stop-loss. So, it's uh, you"}, {"start": "00:55:54", "end": "00:55:58", "text": "didn't manage risk, grandpa. Your"}, {"start": "00:55:56", "end": "00:56:00", "text": "grandpa's going to manage risk or what,"}, {"start": "00:55:58", "end": "00:56:04", "text": "you know?"}, {"start": "00:56:00", "end": "00:56:06", "text": "Oh, yeah. Oh, look here. Look here, my"}, {"start": "00:56:04", "end": "00:56:08", "text": "You see, you see this UI in Bull Mania?"}, {"start": "00:56:06", "end": "00:56:11", "text": "Yeah, I love it so much. You see Trades,"}, {"start": "00:56:08", "end": "00:56:15", "text": "he even has a logo here. You see in the"}, {"start": "00:56:11", "end": "00:56:16", "text": "text? So nice. So, so nice. So, Elo"}, {"start": "00:56:15", "end": "00:56:18", "text": "Trades just dropped the most"}, {"start": "00:56:16", "end": "00:56:20", "text": "controversial take. Okay, take it easy."}, {"start": "00:56:18", "end": "00:56:22", "text": "The most Okay, the most controversial."}, {"start": "00:56:20", "end": "00:56:23", "text": "Okay, his most Okay, maybe his most"}, {"start": "00:56:22", "end": "00:56:24", "text": "controversial, but you know, the most"}, {"start": "00:56:23", "end": "00:56:28", "text": "take it easy, man. You know, most"}, {"start": "00:56:24", "end": "00:56:30", "text": "controversial. It's uh if SBF comes back"}, {"start": "00:56:28", "end": "00:56:31", "text": "and says that he's going to pump FTX"}, {"start": "00:56:30", "end": "00:56:33", "text": "coin, FTT coin. Okay, that's will be"}, {"start": "00:56:31", "end": "00:56:37", "text": "conversion. But anyway, old fully"}, {"start": "00:56:33", "end": "00:56:39", "text": "circulating DF coins will mint. Yeah. So"}, {"start": "00:56:37", "end": "00:56:42", "text": "you have unis swap protocol fees token"}, {"start": "00:56:39", "end": "00:56:45", "text": "jar. There you go. Yeah. So this is this"}, {"start": "00:56:42", "end": "00:56:49", "text": "is correct. This correct this correct."}, {"start": "00:56:45", "end": "00:56:53", "text": "Comp automated buybacks. Correct. Ray."}, {"start": "00:56:49", "end": "00:56:56", "text": "Correct. Yeah. I mean uh true"}, {"start": "00:56:53", "end": "00:56:59", "text": "true. Now, radium, is it really that"}, {"start": "00:56:56", "end": "00:57:01", "text": "new? How old is this coin?"}, {"start": "00:56:59", "end": "00:57:04", "text": "Is it really that uh sorry, sorry. Is it"}, {"start": "00:57:01", "end": "00:57:08", "text": "really that old? Okay, it's from 2022."}, {"start": "00:57:04", "end": "00:57:10", "text": "So, yeah. Yeah. Yeah. Yeah."}, {"start": "00:57:08", "end": "00:57:11", "text": "Maker."}, {"start": "00:57:10", "end": "00:57:14", "text": "The the maker now is called what's it"}, {"start": "00:57:11", "end": "00:57:15", "text": "called? CIA. Or was it called CIA? Yeah."}, {"start": "00:57:14", "end": "00:57:17", "text": "They rebranded. In my brain, it's still"}, {"start": "00:57:15", "end": "00:57:19", "text": "Maker, but they it's not the coin"}, {"start": "00:57:17", "end": "00:57:23", "text": "anymore."}, {"start": "00:57:19", "end": "00:57:24", "text": "Uh interesting. Interesting. 640. Oh,"}, {"start": "00:57:23", "end": "00:57:26", "text": "yeah. This this is an interesting"}, {"start": "00:57:24", "end": "00:57:30", "text": "industry industry stat. Crypto projects"}, {"start": "00:57:26", "end": "00:57:31", "text": "have done $640 million in token buybacks"}, {"start": "00:57:30", "end": "00:57:33", "text": "this year alone. Oh, by the way,"}, {"start": "00:57:31", "end": "00:57:36", "text": "Hyperlquid and Pump Fun obviously you"}, {"start": "00:57:33", "end": "00:57:38", "text": "know da da but everyone knows it already"}, {"start": "00:57:36", "end": "00:57:41", "text": "and they're not old but Hyperlid and"}, {"start": "00:57:38", "end": "00:57:44", "text": "Pump Fun. Yeah, Hyperlquid 99 fees are"}, {"start": "00:57:41", "end": "00:57:46", "text": "routed to Hype buybacks. Number one, 50%"}, {"start": "00:57:44", "end": "00:57:48", "text": "of Launchpad revenue goes towards buying"}, {"start": "00:57:46", "end": "00:57:51", "text": "back pump. The difference is that Hyp is"}, {"start": "00:57:48", "end": "00:57:53", "text": "a stronger mechan sorry not CIA sky CIA"}, {"start": "00:57:51", "end": "00:57:57", "text": "is some other crap from 2017. Sky is the"}, {"start": "00:57:53", "end": "00:57:59", "text": "maker of that thing. CIA don't forget"}, {"start": "00:57:57", "end": "00:58:02", "text": "CIA for guess is the dino of the dino. I"}, {"start": "00:57:59", "end": "00:58:05", "text": "don't know what happened to it. Uh yeah."}, {"start": "00:58:02", "end": "00:58:08", "text": "So that's that. Uh radium daily buyback."}, {"start": "00:58:05", "end": "00:58:11", "text": "How much is Raium daily buyback?"}, {"start": "00:58:08", "end": "00:58:14", "text": "Oof. Look at this. Raium also raium."}, {"start": "00:58:11", "end": "00:58:16", "text": "Raium. Raium. Raium. Let's see. Raium."}, {"start": "00:58:14", "end": "00:58:18", "text": "And you see bullman AI. I quickly open"}, {"start": "00:58:16", "end": "00:58:20", "text": "the coin. I quickly open the chart. I"}, {"start": "00:58:18", "end": "00:58:23", "text": "quickly see the money line. Ah man, this"}, {"start": "00:58:20", "end": "00:58:24", "text": "workflow it's that's you. You you"}, {"start": "00:58:23", "end": "00:58:26", "text": "understand what I what I mean when I say"}, {"start": "00:58:24", "end": "00:58:28", "text": "that bull is a gift to humanity. You"}, {"start": "00:58:26", "end": "00:58:30", "text": "learn the rules and you see how easy it"}, {"start": "00:58:28", "end": "00:58:31", "text": "is to use. AI bum open tweet bum open"}, {"start": "00:58:30", "end": "00:58:35", "text": "chart bum. See money line it's bullish."}, {"start": "00:58:31", "end": "00:58:37", "text": "Bum bum bum bum. This is this thesis of"}, {"start": "00:58:35", "end": "00:58:40", "text": "Elio is working out as you can see in in"}, {"start": "00:58:37", "end": "00:58:42", "text": "this uh D5 stuff. So he's correct. He's"}, {"start": "00:58:40", "end": "00:58:44", "text": "very correct. Uni is deflationary. It"}, {"start": "00:58:42", "end": "00:58:46", "text": "goes down and gets heal. Not really. Not"}, {"start": "00:58:44", "end": "00:58:48", "text": "really. But uh let's see. Uni is the"}, {"start": "00:58:46", "end": "00:58:50", "text": "same story with bull trend. Bam. Bam."}, {"start": "00:58:48", "end": "00:58:52", "text": "Bam. Nice. Nice. Nice. Nice. Love it."}, {"start": "00:58:50", "end": "00:58:54", "text": "Love it. Love it."}, {"start": "00:58:52", "end": "00:58:57", "text": "Uh comp. Let's see. Comp. What's"}, {"start": "00:58:54", "end": "00:58:58", "text": "happening? Comp. Not really bullish."}, {"start": "00:58:57", "end": "00:59:00", "text": "Could be an interesting thing here when"}, {"start": "00:58:58", "end": "00:59:03", "text": "it goes bull. Could be an interesting"}, {"start": "00:59:00", "end": "00:59:06", "text": "trade. Hype the monster"}, {"start": "00:59:03", "end": "00:59:08", "text": "man. See the AI also has is freaking"}, {"start": "00:59:06", "end": "00:59:10", "text": "funny. You know the monster. Well, hype"}, {"start": "00:59:08", "end": "00:59:13", "text": "is the monster."}, {"start": "00:59:10", "end": "00:59:13", "text": "The funny guy"}, {"start": "00:59:14", "end": "00:59:20", "text": "ina ina ina oh yeah ina man ina also"}, {"start": "00:59:17", "end": "00:59:22", "text": "let's see also bullish but a bit lower"}, {"start": "00:59:20", "end": "00:59:23", "text": "so you get even better entry man these"}, {"start": "00:59:22", "end": "00:59:25", "text": "coins guys in the bull market they're"}, {"start": "00:59:23", "end": "00:59:29", "text": "going to they're going to fly and fly"}, {"start": "00:59:25", "end": "00:59:33", "text": "and fly okay"}, {"start": "00:59:29", "end": "00:59:35", "text": "okay actively cited"}, {"start": "00:59:33", "end": "00:59:38", "text": "in the same yeah so in then Jupiter oh"}, {"start": "00:59:35", "end": "00:59:41", "text": "Borg Borg what's happening Swissborg oh"}, {"start": "00:59:38", "end": "00:59:44", "text": "yo yo not much but man If the once it"}, {"start": "00:59:41", "end": "00:59:46", "text": "guys once this thing gets going okay for"}, {"start": "00:59:44", "end": "00:59:50", "text": "now it's still a bit better but once it"}, {"start": "00:59:46", "end": "00:59:52", "text": "gets going so yeah"}, {"start": "00:59:50", "end": "00:59:55", "text": "filter is fully or nearly fully"}, {"start": "00:59:52", "end": "00:59:58", "text": "circulating and there you have uni comp"}, {"start": "00:59:55", "end": "01:00:00", "text": "and ray. Yeah."}, {"start": "00:59:58", "end": "01:00:06", "text": "What about super I thought it was about"}, {"start": "01:00:00", "end": "01:00:08", "text": "what about super coin? Uh does it have"}, {"start": "01:00:06", "end": "01:00:10", "text": "buybacks? Maybe it doesn't have"}, {"start": "01:00:08", "end": "01:00:14", "text": "buybacks. I mean"}, {"start": "01:00:10", "end": "01:00:16", "text": "or or it has"}, {"start": "01:00:14", "end": "01:00:18", "text": "I thought he was mainly like no wink"}, {"start": "01:00:16", "end": "01:00:23", "text": "winking at his own coin but maybe he's"}, {"start": "01:00:18", "end": "01:00:23", "text": "mainly speaking about the defies"}, {"start": "01:00:26", "end": "01:00:30", "text": "old coins light yeah I mean this"}, {"start": "01:00:28", "end": "01:00:31", "text": "Litecoin stuff it's it's even older I"}, {"start": "01:00:30", "end": "01:00:33", "text": "mean old in this context is from like"}, {"start": "01:00:31", "end": "01:00:37", "text": "2020"}, {"start": "01:00:33", "end": "01:00:39", "text": "u the VC VC coins with you see bulbing"}, {"start": "01:00:37", "end": "01:00:41", "text": "AI also checking the money. So nice."}, {"start": "01:00:39", "end": "01:00:42", "text": "This the freaking freaking bull. It also"}, {"start": "01:00:41", "end": "01:00:44", "text": "not only checks you the socials, it"}, {"start": "01:00:42", "end": "01:00:45", "text": "checks you the markets, checks the"}, {"start": "01:00:44", "end": "01:00:49", "text": "crypto markets and also double checks"}, {"start": "01:00:45", "end": "01:00:51", "text": "the money line and consults with every"}, {"start": "01:00:49", "end": "01:00:56", "text": "of gift to human. Yeah, let's see what"}, {"start": "01:00:51", "end": "01:00:58", "text": "it says. So um if Ivan"}, {"start": "01:00:56", "end": "01:00:59", "text": "some digubyte chiller is back, what's"}, {"start": "01:00:58", "end": "01:01:01", "text": "up?"}, {"start": "01:00:59", "end": "01:01:04", "text": "There must be one guy. I mean I cannot"}, {"start": "01:01:01", "end": "01:01:06", "text": "imagine more than one guy shilling it"}, {"start": "01:01:04", "end": "01:01:08", "text": "that you know now now and then I see"}, {"start": "01:01:06", "end": "01:01:10", "text": "this digib bite comment in the in the"}, {"start": "01:01:08", "end": "01:01:13", "text": "chat you're the same guy all the time or"}, {"start": "01:01:10", "end": "01:01:16", "text": "you it's two of you."}, {"start": "01:01:13", "end": "01:01:18", "text": "So uh short answer no super is not in"}, {"start": "01:01:16", "end": "01:01:20", "text": "the same old coin with live buybacks"}, {"start": "01:01:18", "end": "01:01:20", "text": "bucket. Ah okay okay okay okay got it"}, {"start": "01:01:20", "end": "01:01:20", "text": "got got got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:20", "text": "got got got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:20", "text": "it got got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:20", "text": "got got got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:20", "text": "got it got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:22", "text": "got got got got got got got got got got"}, {"start": "01:01:20", "end": "01:01:25", "text": "got got got it got compared to trades"}, {"start": "01:01:22", "end": "01:01:27", "text": "does not show an active loudly got it"}, {"start": "01:01:25", "end": "01:01:30", "text": "got okay okay but still true that there"}, {"start": "01:01:27", "end": "01:01:33", "text": "are no VCs left and then no one else is"}, {"start": "01:01:30", "end": "01:01:35", "text": "left basically the recent onx mentioned"}, {"start": "01:01:33", "end": "01:01:38", "text": "yeah is low reach"}, {"start": "01:01:35", "end": "01:01:40", "text": "oh yeah they have a dex what happened to"}, {"start": "01:01:38", "end": "01:01:42", "text": "they also have a dex yeah yeah yeah now"}, {"start": "01:01:40", "end": "01:01:44", "text": "I remember they they have a deck that"}, {"start": "01:01:42", "end": "01:01:47", "text": "funnels fees into super yeah exactly"}, {"start": "01:01:44", "end": "01:01:47", "text": "exactly"}, {"start": "01:01:47", "end": "01:01:51", "text": "staking reward got quiet."}, {"start": "01:01:52", "end": "01:01:58", "text": "But I I can imagine if you ignore the uh"}, {"start": "01:01:55", "end": "01:02:00", "text": "the buyback, I can imagine that everyone"}, {"start": "01:01:58", "end": "01:02:04", "text": "who wanted to dump super orders dumped"}, {"start": "01:02:00", "end": "01:02:06", "text": "it. So as soon as it goes bull trend"}, {"start": "01:02:04", "end": "01:02:10", "text": "likely going to be very nice and then"}, {"start": "01:02:06", "end": "01:02:12", "text": "Eli not Eli Elot Elio is"}, {"start": "01:02:10", "end": "01:02:14", "text": "on stream 800 etc."}, {"start": "01:02:12", "end": "01:02:16", "text": "Let's see. But bull trend. First bull"}, {"start": "01:02:14", "end": "01:02:19", "text": "trend, then we talk. First bull trend,"}, {"start": "01:02:16", "end": "01:02:22", "text": "then we talk. Uh if CPI com is hot, a"}, {"start": "01:02:19", "end": "01:02:24", "text": "rate hike is likely."}, {"start": "01:02:22", "end": "01:02:26", "text": "So if you are worried about the rate"}, {"start": "01:02:24", "end": "01:02:28", "text": "hike, you need to rewatch the stream. I"}, {"start": "01:02:26", "end": "01:02:30", "text": "I see you're not you haven't watched the"}, {"start": "01:02:28", "end": "01:02:32", "text": "stream. You haven't watched. Yeah. You"}, {"start": "01:02:30", "end": "01:02:35", "text": "have not been taking a part of the"}, {"start": "01:02:32", "end": "01:02:36", "text": "education that I provided to you. Uh"}, {"start": "01:02:35", "end": "01:02:37", "text": "sometimes, you know, when people join"}, {"start": "01:02:36", "end": "01:02:39", "text": "Bulmania, they ask a question. I can see"}, {"start": "01:02:37", "end": "01:02:41", "text": "that they have not gone through the"}, {"start": "01:02:39", "end": "01:02:43", "text": "education. You know, it's fine. It's"}, {"start": "01:02:41", "end": "01:02:44", "text": "fine. I mean everyone in Bulmania I have"}, {"start": "01:02:43", "end": "01:02:46", "text": "a lot of patients but sometimes you know"}, {"start": "01:02:44", "end": "01:02:48", "text": "they join they la they ask a question"}, {"start": "01:02:46", "end": "01:02:50", "text": "like have you really taken the course"}, {"start": "01:02:48", "end": "01:02:52", "text": "because you ask stuff I explained in"}, {"start": "01:02:50", "end": "01:02:55", "text": "like eight hours eight hour content in"}, {"start": "01:02:52", "end": "01:02:56", "text": "the course in the and the course in"}, {"start": "01:02:55", "end": "01:02:58", "text": "cyber mania is trading secrets it's"}, {"start": "01:02:56", "end": "01:03:00", "text": "Ivan's trading secrets I know my have"}, {"start": "01:02:58", "end": "01:03:02", "text": "you have you watched the trading secrets"}, {"start": "01:03:00", "end": "01:03:04", "text": "because I can I can see that when you"}, {"start": "01:03:02", "end": "01:03:07", "text": "ask a question you haven't watched it"}, {"start": "01:03:04", "end": "01:03:09", "text": "yeah when you join bulmania you get on"}, {"start": "01:03:07", "end": "01:03:11", "text": "boarding you get what you should watch"}, {"start": "01:03:09", "end": "01:03:14", "text": "what you should do bum bum bum bum bum"}, {"start": "01:03:11", "end": "01:03:16", "text": "study material,"}, {"start": "01:03:14", "end": "01:03:17", "text": "you get enlightenment. Sometimes people"}, {"start": "01:03:16", "end": "01:03:19", "text": "ask questions in the in Discord. I can"}, {"start": "01:03:17", "end": "01:03:21", "text": "see man, you haven't watched, you"}, {"start": "01:03:19", "end": "01:03:24", "text": "haven't you haven't you haven't been"}, {"start": "01:03:21", "end": "01:03:29", "text": "educated yet. You're still uneducated."}, {"start": "01:03:24", "end": "01:03:30", "text": "You to take the education and then okay"}, {"start": "01:03:29", "end": "01:03:33", "text": "in Bulmania though I have massive"}, {"start": "01:03:30", "end": "01:03:35", "text": "patience here. You say rate hike. I"}, {"start": "01:03:33", "end": "01:03:37", "text": "literally told you earlier the stream"}, {"start": "01:03:35", "end": "01:03:39", "text": "about rate hike. Have you watched? You"}, {"start": "01:03:37", "end": "01:03:41", "text": "have not watched."}, {"start": "01:03:39", "end": "01:03:44", "text": "Anyway, go back and watch. Big shout"}, {"start": "01:03:41", "end": "01:03:47", "text": "out. Big shout out."}, {"start": "01:03:44", "end": "01:03:49", "text": "So, uh guys, that's it. Thank you very"}, {"start": "01:03:47", "end": "01:03:51", "text": "very much for great stream. Great"}, {"start": "01:03:49", "end": "01:03:55", "text": "stream. It was a great uh hanging"}, {"start": "01:03:51", "end": "01:03:56", "text": "around. Great uh stuff. Uh interesting"}, {"start": "01:03:55", "end": "01:03:59", "text": "content. Always guys with the with the"}, {"start": "01:03:56", "end": "01:04:01", "text": "Q&A. The content is interesting. Without"}, {"start": "01:03:59", "end": "01:04:03", "text": "you guys, I know what what what would I"}, {"start": "01:04:01", "end": "01:04:05", "text": "be doing without the content? I just"}, {"start": "01:04:03", "end": "01:04:07", "text": "look at Bitcoin chart and that's it. Now"}, {"start": "01:04:05", "end": "01:04:08", "text": "we have, you know, back and forth. It's"}, {"start": "01:04:07", "end": "01:04:11", "text": "so nice. So nice. And we have it every"}, {"start": "01:04:08", "end": "01:04:13", "text": "day. So let's take in this moment"}, {"start": "01:04:11", "end": "01:04:16", "text": "together. Let's think about the kumbaya"}, {"start": "01:04:13", "end": "01:04:17", "text": "here because think about it every day"}, {"start": "01:04:16", "end": "01:04:20", "text": "throughout the whole bear and the old"}, {"start": "01:04:17", "end": "01:04:24", "text": "bull we can hang around here together"}, {"start": "01:04:20", "end": "01:04:25", "text": "with Dab with Guzman by our side all the"}, {"start": "01:04:24", "end": "01:04:27", "text": "time. And Matt Smeid, where is Matt"}, {"start": "01:04:25", "end": "01:04:30", "text": "Smeid? Matt Smeid missing this important"}, {"start": "01:04:27", "end": "01:04:32", "text": "lecture. See Matt Sme is not here"}, {"start": "01:04:30", "end": "01:04:35", "text": "missing out. Missing out on such an"}, {"start": "01:04:32", "end": "01:04:38", "text": "important episode."}, {"start": "01:04:35", "end": "01:04:39", "text": "Matt Smeid. By the way, Matt Smeid, Dan,"}, {"start": "01:04:38", "end": "01:04:41", "text": "Danamos, Danamos, Danamos, what's up?"}, {"start": "01:04:39", "end": "01:04:43", "text": "What's up? Many, many other people I"}, {"start": "01:04:41", "end": "01:04:46", "text": "recognize here. Very, very nice. Also,"}, {"start": "01:04:43", "end": "01:04:47", "text": "new faces. If you're new, let me know."}, {"start": "01:04:46", "end": "01:04:50", "text": "Are you I don't think we have many new"}, {"start": "01:04:47", "end": "01:04:52", "text": "ones, guys. It's the same dudes."}, {"start": "01:04:50", "end": "01:04:56", "text": "We're the same circle, J circle, since"}, {"start": "01:04:52", "end": "01:04:58", "text": "uh yeah, since like 2020. Overall, we"}, {"start": "01:04:56", "end": "01:05:00", "text": "haven't had too many new people join"}, {"start": "01:04:58", "end": "01:05:02", "text": "since Yeah, like 2020. The last cycle,"}, {"start": "01:05:00", "end": "01:05:04", "text": "not too many people joined. Some join"}, {"start": "01:05:02", "end": "01:05:06", "text": "some join but I think most of you guys"}, {"start": "01:05:04", "end": "01:05:08", "text": "are yeah let let me know when you"}, {"start": "01:05:06", "end": "01:05:11", "text": "entered crypto when you enter crypto"}, {"start": "01:05:08", "end": "01:05:13", "text": "some some of you entered in 2022 2023"}, {"start": "01:05:11", "end": "01:05:15", "text": "2024"}, {"start": "01:05:13", "end": "01:05:18", "text": "I don't think so I don't think so maybe"}, {"start": "01:05:15", "end": "01:05:21", "text": "someone someone show yourself new kid"}, {"start": "01:05:18", "end": "01:05:24", "text": "new kid reveal yourself"}, {"start": "01:05:21", "end": "01:05:28", "text": "if someone joined here in like 2023 tell"}, {"start": "01:05:24", "end": "01:05:28", "text": "me tell me"}, {"start": "01:05:29", "end": "01:05:34", "text": "2019 2021 2017"}, {"start": "01:05:32", "end": "01:05:37", "text": "2021. Yeah. Yeah. I think that was the"}, {"start": "01:05:34", "end": "01:05:39", "text": "peak."}, {"start": "01:05:37", "end": "01:05:41", "text": "Okay. One guy says 2024. Really? It's"}, {"start": "01:05:39", "end": "01:05:43", "text": "true or not true? Is it really true? You"}, {"start": "01:05:41", "end": "01:05:46", "text": "joined 2024. So, you're a new kid on the"}, {"start": "01:05:43", "end": "01:05:48", "text": "block. That's fantastic. Luca says 2023."}, {"start": "01:05:46", "end": "01:05:51", "text": "Okay. We have a few new kids. Big shout"}, {"start": "01:05:48", "end": "01:05:54", "text": "out to the new kid on the block. Donn"}, {"start": "01:05:51", "end": "01:05:56", "text": "says 2024. Okay. Okay. Okay."}, {"start": "01:05:54", "end": "01:05:57", "text": "End of 2024. Okay. Okay. Okay."}, {"start": "01:05:56", "end": "01:05:59", "text": "Fantastic, guys. Big shout out. Have a"}, {"start": "01:05:57", "end": "01:06:03", "text": "good day. Enjoy your weekend. And"}, {"start": "01:05:59", "end": "01:06:05", "text": "goodbye, guys. Goodbye. Goodbye"}, {"start": "01:06:03", "end": "01:06:05", "text": "to Guzman."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "Oh yes, oh yes, oh yes, so yes. Guys,"}, {"start": "00:00:02", "end": "00:00:07", "text": "welcome to another episode. And as you"}, {"start": "00:00:04", "end": "00:00:09", "text": "can see right now, Bitcoin is at 78."}, {"start": "00:00:07", "end": "00:00:11", "text": "We're still derping around the flip"}, {"start": "00:00:09", "end": "00:00:13", "text": "level. A bit up, a bit down, but Bitcoin"}, {"start": "00:00:11", "end": "00:00:15", "text": "is officially bullish. We are restarting"}, {"start": "00:00:13", "end": "00:00:19", "text": "the bull market just like we did the"}, {"start": "00:00:15", "end": "00:00:21", "text": "right here back in 2023. Some volatility"}, {"start": "00:00:19", "end": "00:00:23", "text": "is expected. We here we even went down a"}, {"start": "00:00:21", "end": "00:00:27", "text": "bit but all in all the plan stays the"}, {"start": "00:00:23", "end": "00:00:32", "text": "same especially as we are seeing the"}, {"start": "00:00:27", "end": "00:00:35", "text": "next most important demise of the US"}, {"start": "00:00:32", "end": "00:00:37", "text": "dollar guys when you have a president"}, {"start": "00:00:35", "end": "00:00:41", "text": "saying that you will get money if you"}, {"start": "00:00:37", "end": "00:00:41", "text": "vote for me"}, {"start": "00:00:41", "end": "00:00:47", "text": "guys it is the final final final days"}, {"start": "00:00:45", "end": "00:00:50", "text": "people will need to have Bitcoin as soon"}, {"start": "00:00:47", "end": "00:00:50", "text": "as possible listen to"}, {"start": "00:00:51", "end": "00:00:56", "text": "YOU CAN SAY THEN HE'S HAPPY. [applause]"}, {"start": "00:00:53", "end": "00:00:59", "text": "BUT WHAT we're doing is because we've"}, {"start": "00:00:56", "end": "00:01:04", "text": "done so well and because our country is"}, {"start": "00:00:59", "end": "00:01:06", "text": "making so much money that only I can"}, {"start": "00:01:04", "end": "00:01:09", "text": "make this promise to you and here is my"}, {"start": "00:01:06", "end": "00:01:12", "text": "promise. If the Republicans win the"}, {"start": "00:01:09", "end": "00:01:15", "text": "House of Representatives and the United"}, {"start": "00:01:12", "end": "00:01:17", "text": "States Senate, both of them because of"}, {"start": "00:01:15", "end": "00:01:20", "text": "our economic"}, {"start": "00:01:17", "end": "00:01:22", "text": "tremendous economic success like in in"}, {"start": "00:01:20", "end": "00:01:24", "text": "history, we've never had anything like"}, {"start": "00:01:22", "end": "00:01:27", "text": "what's happening, but because of our"}, {"start": "00:01:24", "end": "00:01:29", "text": "tremendous strength and success"}, {"start": "00:01:27", "end": "00:01:32", "text": "economically,"}, {"start": "00:01:29", "end": "00:01:34", "text": "I WILL ISSUE A DIVIDEND to every adult"}, {"start": "00:01:32", "end": "00:01:38", "text": "citizen in the United States of America"}, {"start": "00:01:34", "end": "00:01:40", "text": "for $5,000."}, {"start": "00:01:38", "end": "00:01:40", "text": ">> [cheering]"}, {"start": "00:01:41", "end": "00:01:43", "text": "[applause]"}, {"start": "00:01:48", "end": "00:01:50", "text": "[applause]"}, {"start": "00:01:53", "end": "00:01:59", "text": ">> VERY MUCH LIKE [applause]"}, {"start": "00:01:56", "end": "00:02:02", "text": "a successful company will do a cash"}, {"start": "00:01:59", "end": "00:02:04", "text": "distribution to its shareholders or like"}, {"start": "00:02:02", "end": "00:02:07", "text": "last year when I gave our great members"}, {"start": "00:02:04", "end": "00:02:08", "text": "of the military Oh."}, {"start": "00:02:07", "end": "00:02:10", "text": ">> Oh yes, guys. Oh yes. Oh yes. Oh yes. Oh"}, {"start": "00:02:08", "end": "00:02:14", "text": "yes. Man, if this happens, it's"}, {"start": "00:02:10", "end": "00:02:16", "text": "approximately $1.5 trillion that will be"}, {"start": "00:02:14", "end": "00:02:18", "text": "sent out to us adults. If you are US"}, {"start": "00:02:16", "end": "00:02:20", "text": "adult, let me know in the comment"}, {"start": "00:02:18", "end": "00:02:22", "text": "section because you may be getting"}, {"start": "00:02:20", "end": "00:02:25", "text": "$5,000."}, {"start": "00:02:22", "end": "00:02:27", "text": "Will it be true? Will it not be true?"}, {"start": "00:02:25", "end": "00:02:29", "text": "Let's see. But it is quite clear. And"}, {"start": "00:02:27", "end": "00:02:32", "text": "that this guy, he wants the power. And"}, {"start": "00:02:29", "end": "00:02:35", "text": "if he can get the power, uh, fantastic."}, {"start": "00:02:32", "end": "00:02:39", "text": "Fantastic. If we can somehow get the"}, {"start": "00:02:35", "end": "00:02:42", "text": "plebus $5,000 be very very nice. Now Gro"}, {"start": "00:02:39", "end": "00:02:45", "text": "is saying president cannot unilaterally"}, {"start": "00:02:42", "end": "00:02:46", "text": "send 5,000 checks uh from federal funds."}, {"start": "00:02:45", "end": "00:02:48", "text": "The constitution gives congress the"}, {"start": "00:02:46", "end": "00:02:51", "text": "power power of the purse any such"}, {"start": "00:02:48", "end": "00:02:53", "text": "payments require legislation"}, {"start": "00:02:51", "end": "00:02:55", "text": "uh appropriating the money winning the"}, {"start": "00:02:53", "end": "00:02:57", "text": "house and the senate control would let"}, {"start": "00:02:55", "end": "00:03:00", "text": "Republicans pass a bill for it. See this"}, {"start": "00:02:57", "end": "00:03:02", "text": "is the important thing. If you have the"}, {"start": "00:03:00", "end": "00:03:05", "text": "Senate and the House, Republicans can"}, {"start": "00:03:02", "end": "00:03:08", "text": "pass a bid a bill which president would"}, {"start": "00:03:05", "end": "00:03:08", "text": "sign. Let's see. [laughter]"}, {"start": "00:03:08", "end": "00:03:10", "text": "Let's see, guys. I mean, let's It's a"}, {"start": "00:03:09", "end": "00:03:12", "text": "bit maybe a conspiracy theoristic, but"}, {"start": "00:03:10", "end": "00:03:14", "text": "if he wants a third term, this is the"}, {"start": "00:03:12", "end": "00:03:16", "text": "kind of stuff that uh will help him,"}, {"start": "00:03:14", "end": "00:03:17", "text": "okay? In one way or another. But anyway,"}, {"start": "00:03:16", "end": "00:03:19", "text": "we're apolitical. Let's not get too much"}, {"start": "00:03:17", "end": "00:03:21", "text": "into politics. Let's just all agree"}, {"start": "00:03:19", "end": "00:03:22", "text": "whether you're left or right, you're the"}, {"start": "00:03:21", "end": "00:03:24", "text": "middle or you're up or you're down or"}, {"start": "00:03:22", "end": "00:03:26", "text": "whatever you are politically, whatever"}, {"start": "00:03:24", "end": "00:03:28", "text": "political animal you are, [laughter]"}, {"start": "00:03:26", "end": "00:03:30", "text": "let's just agree that they're going to"}, {"start": "00:03:28", "end": "00:03:33", "text": "print in one way or another, they going"}, {"start": "00:03:30", "end": "00:03:35", "text": "to print bigly bigly bigly bigly. And if"}, {"start": "00:03:33", "end": "00:03:38", "text": "this happens, I mean, if this happens in"}, {"start": "00:03:35", "end": "00:03:42", "text": "in some way that he he does give $5,000"}, {"start": "00:03:38", "end": "00:03:44", "text": "to all adults, it is approximately $1.5"}, {"start": "00:03:42", "end": "00:03:48", "text": "trillion dollars that will be infused"}, {"start": "00:03:44", "end": "00:03:49", "text": "into the economy. And I mean to be fair"}, {"start": "00:03:48", "end": "00:03:51", "text": "it's not too crazy to think that it"}, {"start": "00:03:49", "end": "00:03:54", "text": "would happen because during COVID you"}, {"start": "00:03:51", "end": "00:03:56", "text": "had the stimulus check and uh it was"}, {"start": "00:03:54", "end": "00:03:58", "text": "similar. We already had stimulus check."}, {"start": "00:03:56", "end": "00:04:00", "text": "I mean it's not it's not a new thing."}, {"start": "00:03:58", "end": "00:04:02", "text": "It's not a new thing. Uh at the same"}, {"start": "00:04:00", "end": "00:04:03", "text": "time there's election when politicians"}, {"start": "00:04:02", "end": "00:04:05", "text": "speak around the election time you have"}, {"start": "00:04:03", "end": "00:04:07", "text": "to be very very careful because they"}, {"start": "00:04:05", "end": "00:04:08", "text": "want you to do something and then they"}, {"start": "00:04:07", "end": "00:04:11", "text": "don't need you for another four years or"}, {"start": "00:04:08", "end": "00:04:15", "text": "two years. So all in all uh we see it"}, {"start": "00:04:11", "end": "00:04:16", "text": "mainly as a as a data point in a big big"}, {"start": "00:04:15", "end": "00:04:18", "text": "trend and that's that the amount of"}, {"start": "00:04:16", "end": "00:04:20", "text": "dollars are increasing very quickly. You"}, {"start": "00:04:18", "end": "00:04:22", "text": "look at the last 10 years most dollars"}, {"start": "00:04:20", "end": "00:04:24", "text": "in circulation were printed in the last"}, {"start": "00:04:22", "end": "00:04:26", "text": "10 to 20 years. Okay. So yeah you"}, {"start": "00:04:24", "end": "00:04:29", "text": "understand that it's it's a it's a path"}, {"start": "00:04:26", "end": "00:04:31", "text": "of no return that is just accelerating"}, {"start": "00:04:29", "end": "00:04:33", "text": "and bitcoin will benefit massively"}, {"start": "00:04:31", "end": "00:04:35", "text": "massively massively massively. All in"}, {"start": "00:04:33", "end": "00:04:36", "text": "all markets are a bit sideways now. when"}, {"start": "00:04:35", "end": "00:04:38", "text": "you look at S&P, when you look at"}, {"start": "00:04:36", "end": "00:04:41", "text": "NASDAQ, when you look at Russell,"}, {"start": "00:04:38", "end": "00:04:42", "text": "they're just chopping around likely"}, {"start": "00:04:41", "end": "00:04:45", "text": "because there is a bit of uncertainty"}, {"start": "00:04:42", "end": "00:04:47", "text": "around the uh the midterms. Uh the"}, {"start": "00:04:45", "end": "00:04:49", "text": "market doesn't know what is going to"}, {"start": "00:04:47", "end": "00:04:52", "text": "happen after midterm, who is going to be"}, {"start": "00:04:49", "end": "00:04:54", "text": "in control and markets, they do want"}, {"start": "00:04:52", "end": "00:04:56", "text": "certainty. So NASDAQ, S&P, everything is"}, {"start": "00:04:54", "end": "00:04:58", "text": "just chopping around. But as soon as"}, {"start": "00:04:56", "end": "00:05:01", "text": "there is some kind of resolution in"}, {"start": "00:04:58", "end": "00:05:03", "text": "terms of um uh midterms, uh I think"}, {"start": "00:05:01", "end": "00:05:05", "text": "stocks are going to have another big fat"}, {"start": "00:05:03", "end": "00:05:07", "text": "leg up. So that's going to be very very"}, {"start": "00:05:05", "end": "00:05:10", "text": "nice for the Q4 rally. The Santa rally"}, {"start": "00:05:07", "end": "00:05:12", "text": "Q4 Santa rally is looking very very"}, {"start": "00:05:10", "end": "00:05:15", "text": "nicely. And overall if we look at the"}, {"start": "00:05:12", "end": "00:05:18", "text": "last 24 hours, you have a Hunter Biden"}, {"start": "00:05:15", "end": "00:05:20", "text": "laptop going down 99% just like"}, {"start": "00:05:18", "end": "00:05:22", "text": "expected. We've been discussing Hunter"}, {"start": "00:05:20", "end": "00:05:24", "text": "Biden yesterday, the day before. We've"}, {"start": "00:05:22", "end": "00:05:26", "text": "been saying guys, it's like it's like an"}, {"start": "00:05:24", "end": "00:05:29", "text": "IQ test, guys. It's like an IQ test. It"}, {"start": "00:05:26", "end": "00:05:31", "text": "it launched, it dumped 99% and uh yeah,"}, {"start": "00:05:29", "end": "00:05:34", "text": "that's it. Hunter Biden is saying that"}, {"start": "00:05:31", "end": "00:05:36", "text": "he did not scam. He did not scam. He's"}, {"start": "00:05:34", "end": "00:05:38", "text": "saying as you may have seen laptop"}, {"start": "00:05:36", "end": "00:05:42", "text": "memecoin saw a sharp swing in price"}, {"start": "00:05:38", "end": "00:05:44", "text": "today. Okay. Uh if you have 99% loss,"}, {"start": "00:05:42", "end": "00:05:47", "text": "you don't have to say that it dumped"}, {"start": "00:05:44", "end": "00:05:50", "text": "99%. You can say it's a sharp swing."}, {"start": "00:05:47", "end": "00:05:52", "text": "It's a sharp swing in token price in his"}, {"start": "00:05:50", "end": "00:05:54", "text": "first hour of trading. The headlines are"}, {"start": "00:05:52", "end": "00:05:56", "text": "all the same. It's a rugpool. Biden"}, {"start": "00:05:54", "end": "00:05:59", "text": "crime family. The list goes on. This is"}, {"start": "00:05:56", "end": "00:06:02", "text": "far from truth. According to B Hunter"}, {"start": "00:05:59", "end": "00:06:04", "text": "Biden, the reality is that available"}, {"start": "00:06:02", "end": "00:06:06", "text": "liquidity could not sustain the strong"}, {"start": "00:06:04", "end": "00:06:09", "text": "level of interest at launch. [laughter]"}, {"start": "00:06:06", "end": "00:06:10", "text": "Guys, there were technical issues. Okay."}, {"start": "00:06:09", "end": "00:06:13", "text": "Coupled with predatory snipers, guys."}, {"start": "00:06:10", "end": "00:06:15", "text": "Snipers. You remember the snipers? What"}, {"start": "00:06:13", "end": "00:06:17", "text": "did I tell you about the snipers? What"}, {"start": "00:06:15", "end": "00:06:19", "text": "did I tell you? I think it was yesterday"}, {"start": "00:06:17", "end": "00:06:20", "text": "or the day before we had like a five"}, {"start": "00:06:19", "end": "00:06:22", "text": "minute section. I told you about the"}, {"start": "00:06:20", "end": "00:06:25", "text": "snipers that they're going to snipe the"}, {"start": "00:06:22", "end": "00:06:27", "text": "crap out of it in the first blog before"}, {"start": "00:06:25", "end": "00:06:29", "text": "anyone can even buy. And so snipers who"}, {"start": "00:06:27", "end": "00:06:31", "text": "seek the to beat liquidity providers to"}, {"start": "00:06:29", "end": "00:06:34", "text": "market cause a spike in price which uh"}, {"start": "00:06:31", "end": "00:06:36", "text": "has since stabilized at healthy levels."}, {"start": "00:06:34", "end": "00:06:38", "text": "Uh very healthy levels, very very"}, {"start": "00:06:36", "end": "00:06:39", "text": "healthy levels. The the healthiest maybe"}, {"start": "00:06:38", "end": "00:06:42", "text": "[laughter]"}, {"start": "00:06:39", "end": "00:06:44", "text": "the team's allocation is locked. No one"}, {"start": "00:06:42", "end": "00:06:46", "text": "on our side sold. I'm used to legacy"}, {"start": "00:06:44", "end": "00:06:50", "text": "news and social media trolls. Uh the"}, {"start": "00:06:46", "end": "00:06:52", "text": "full validation is over 1 billion. And"}, {"start": "00:06:50", "end": "00:06:54", "text": "if you look at the context here added by"}, {"start": "00:06:52", "end": "00:06:57", "text": "community notes on X, you have a"}, {"start": "00:06:54", "end": "00:07:00", "text": "different story because onchain data"}, {"start": "00:06:57", "end": "00:07:02", "text": "shows a project multisig receiving 100"}, {"start": "00:07:00", "end": "00:07:05", "text": "million tokens pre-launch and"}, {"start": "00:07:02", "end": "00:07:08", "text": "distributing 42 million of them to"}, {"start": "00:07:05", "end": "00:07:10", "text": "market makers who sold post launch. So"}, {"start": "00:07:08", "end": "00:07:12", "text": "when you have him saying that the team"}, {"start": "00:07:10", "end": "00:07:14", "text": "did not sell, he is pointing to one"}, {"start": "00:07:12", "end": "00:07:15", "text": "particular bucket of the allocation."}, {"start": "00:07:14", "end": "00:07:17", "text": "Okay, the team bucket we did not sell."}, {"start": "00:07:15", "end": "00:07:20", "text": "But how much did it go to market makers?"}, {"start": "00:07:17", "end": "00:07:21", "text": "And what kind of deals does the team"}, {"start": "00:07:20", "end": "00:07:24", "text": "have with market makers? Because in many"}, {"start": "00:07:21", "end": "00:07:26", "text": "cases the the deal is that the market"}, {"start": "00:07:24", "end": "00:07:29", "text": "market maker gets a coin gets gets a"}, {"start": "00:07:26", "end": "00:07:30", "text": "coin to sell and they sell and they do"}, {"start": "00:07:29", "end": "00:07:32", "text": "their own thing and then you have a"}, {"start": "00:07:30", "end": "00:07:34", "text": "revshare or the the team project gets"}, {"start": "00:07:32", "end": "00:07:36", "text": "the the funds anyway and then they can"}, {"start": "00:07:34", "end": "00:07:38", "text": "still point that hey guys actually these"}, {"start": "00:07:36", "end": "00:07:39", "text": "coins they're reserved. So look at these"}, {"start": "00:07:38", "end": "00:07:41", "text": "coins they haven't moved. This is the"}, {"start": "00:07:39", "end": "00:07:44", "text": "team coins. They haven't moved. But then"}, {"start": "00:07:41", "end": "00:07:45", "text": "the market maker like liquidity coins uh"}, {"start": "00:07:44", "end": "00:07:47", "text": "don't look at them. Don't look at them"}, {"start": "00:07:45", "end": "00:07:48", "text": "because they may have been sold by the"}, {"start": "00:07:47", "end": "00:07:49", "text": "market maker and then there's a ref"}, {"start": "00:07:48", "end": "00:07:51", "text": "share etc. Now I don't know what's what"}, {"start": "00:07:49", "end": "00:07:54", "text": "happened here guys. I mean to be fair"}, {"start": "00:07:51", "end": "00:07:55", "text": "now it's not really I have no time to"}, {"start": "00:07:54", "end": "00:07:58", "text": "look into this deeply just so retards"}, {"start": "00:07:55", "end": "00:07:59", "text": "you that there is I I don't know the"}, {"start": "00:07:58", "end": "00:08:01", "text": "details. You can just read yourself but"}, {"start": "00:07:59", "end": "00:08:02", "text": "I knew the result. I told you the result"}, {"start": "00:08:01", "end": "00:08:05", "text": "beforehand. That's the most important"}, {"start": "00:08:02", "end": "00:08:07", "text": "thing. Also it's so out of tune like"}, {"start": "00:08:05", "end": "00:08:09", "text": "some things you know may pump because"}, {"start": "00:08:07", "end": "00:08:12", "text": "they're in tune with the hype. When"}, {"start": "00:08:09", "end": "00:08:14", "text": "Trump launched his coin it was in tune."}, {"start": "00:08:12", "end": "00:08:16", "text": "Here it's so out of tune, man. We're not"}, {"start": "00:08:14", "end": "00:08:18", "text": "even out of the bear properly. We're"}, {"start": "00:08:16", "end": "00:08:20", "text": "just so early early early. And here you"}, {"start": "00:08:18", "end": "00:08:22", "text": "do a meme which is not even funny. I"}, {"start": "00:08:20", "end": "00:08:24", "text": "mean laptop. How fun is that? I mean,"}, {"start": "00:08:22", "end": "00:08:26", "text": "you understand what what is to do a"}, {"start": "00:08:24", "end": "00:08:29", "text": "meme? It has to be no culture laptop."}, {"start": "00:08:26", "end": "00:08:31", "text": "Okay, laptop. What is this laptop, man?"}, {"start": "00:08:29", "end": "00:08:34", "text": "What? What laptop?"}, {"start": "00:08:31", "end": "00:08:38", "text": "Anyway, he's also saying that our"}, {"start": "00:08:34", "end": "00:08:40", "text": "foundation account is suspended."}, {"start": "00:08:38", "end": "00:08:43", "text": "Okay, [gasps] the foundation isn't"}, {"start": "00:08:40", "end": "00:08:45", "text": "stepping away."}, {"start": "00:08:43", "end": "00:08:47", "text": "Why you have a foundation for laptop,"}, {"start": "00:08:45", "end": "00:08:50", "text": "man? Why a foundation for laptop?"}, {"start": "00:08:47", "end": "00:08:52", "text": "[laughter] You know, it's like um Red"}, {"start": "00:08:50", "end": "00:08:55", "text": "Cross Foundation and then it's laptop,"}, {"start": "00:08:52", "end": "00:08:57", "text": "man. Okay, we are working on getting the"}, {"start": "00:08:55", "end": "00:09:00", "text": "account fixed until the foundation is"}, {"start": "00:08:57", "end": "00:09:01", "text": "relaying its true its thoughts via"}, {"start": "00:09:00", "end": "00:09:04", "text": "medium until then the found. Oh, yeah."}, {"start": "00:09:01", "end": "00:09:05", "text": "The Twitter account got back. Here is"}, {"start": "00:09:04", "end": "00:09:07", "text": "breakdown of what happened and how we"}, {"start": "00:09:05", "end": "00:09:08", "text": "stabilize. I mean, let's see if he can"}, {"start": "00:09:07", "end": "00:09:10", "text": "get it back. Let's see if he can get it"}, {"start": "00:09:08", "end": "00:09:13", "text": "back. Thread guy saying, \"Honestly, big"}, {"start": "00:09:10", "end": "00:09:16", "text": "dog, just delete that. Move on. Nothing"}, {"start": "00:09:13", "end": "00:09:18", "text": "getting deleted. This isn't the Epson"}, {"start": "00:09:16", "end": "00:09:22", "text": "files.\" [laughter]"}, {"start": "00:09:18", "end": "00:09:24", "text": "Okay. Okay, guys. Man, Hunter, Hunter,"}, {"start": "00:09:22", "end": "00:09:26", "text": "Hunter, Hunter. Fantastic. I mean, there"}, {"start": "00:09:24", "end": "00:09:28", "text": "is It's so funny this whole thing, man."}, {"start": "00:09:26", "end": "00:09:30", "text": "It's amazing. Amazing. Uh, well, it's"}, {"start": "00:09:28", "end": "00:09:31", "text": "funny if you if you were watching us and"}, {"start": "00:09:30", "end": "00:09:33", "text": "you know, you understood it for what it"}, {"start": "00:09:31", "end": "00:09:34", "text": "is. If you lost money, obviously it's"}, {"start": "00:09:33", "end": "00:09:37", "text": "not funny. But look here. laptop"}, {"start": "00:09:34", "end": "00:09:38", "text": "community launch update. Uh the laptop"}, {"start": "00:09:37", "end": "00:09:41", "text": "community saw a sharp swing in token"}, {"start": "00:09:38", "end": "00:09:43", "text": "price. Okay. Uh it dumped 99%. The"}, {"start": "00:09:41", "end": "00:09:44", "text": "laptop initial pull was this. We're"}, {"start": "00:09:43", "end": "00:09:46", "text": "continuing to work. But basically guys,"}, {"start": "00:09:44", "end": "00:09:48", "text": "I mean if I am to strong, you know,"}, {"start": "00:09:46", "end": "00:09:51", "text": "steelman steelman steelman his position."}, {"start": "00:09:48", "end": "00:09:54", "text": "He's saying that uh yeah the the pump"}, {"start": "00:09:51", "end": "00:09:56", "text": "the init initial pump it was done before"}, {"start": "00:09:54", "end": "00:09:58", "text": "we added liquidity and uh the price was"}, {"start": "00:09:56", "end": "00:10:01", "text": "not real. That's basically what he's"}, {"start": "00:09:58", "end": "00:10:03", "text": "saying that when you see minus 99%. What"}, {"start": "00:10:01", "end": "00:10:05", "text": "he's saying is that um don't I mean"}, {"start": "00:10:03", "end": "00:10:08", "text": "don't worry too much about it because"}, {"start": "00:10:05", "end": "00:10:11", "text": "the this high price that happened where"}, {"start": "00:10:08", "end": "00:10:14", "text": "we fell 99% from it wasn't real like it"}, {"start": "00:10:11", "end": "00:10:16", "text": "was created by snipers who put in bids"}, {"start": "00:10:14", "end": "00:10:18", "text": "at early early early early time before"}, {"start": "00:10:16", "end": "00:10:20", "text": "the liquidity was added and so they"}, {"start": "00:10:18", "end": "00:10:21", "text": "pumped up the price but that price was"}, {"start": "00:10:20", "end": "00:10:24", "text": "without liquidity that was saying and"}, {"start": "00:10:21", "end": "00:10:25", "text": "let's see guys it's it's just"}, {"start": "00:10:24", "end": "00:10:28", "text": "maybe it will recover who the hell knows"}, {"start": "00:10:25", "end": "00:10:30", "text": "but but actually now maybe we can we can"}, {"start": "00:10:28", "end": "00:10:32", "text": "use the trends see this is the best"}, {"start": "00:10:30", "end": "00:10:34", "text": "thing Guys, with our system, with the"}, {"start": "00:10:32", "end": "00:10:37", "text": "money line, we can see what's going to"}, {"start": "00:10:34", "end": "00:10:38", "text": "happen here with uh the laptop."}, {"start": "00:10:37", "end": "00:10:42", "text": "[laughter]"}, {"start": "00:10:38", "end": "00:10:43", "text": "I just feel dumb saying it, but"}, {"start": "00:10:42", "end": "00:10:46", "text": "let's see. Let's see, guys. So, the"}, {"start": "00:10:43", "end": "00:10:49", "text": "hourly is bearish. Okay, so now if you"}, {"start": "00:10:46", "end": "00:10:52", "text": "want to be part of the redemption arc of"}, {"start": "00:10:49", "end": "00:10:54", "text": "laptop, [laughter]"}, {"start": "00:10:52", "end": "00:10:56", "text": "use the hourly money line because maybe"}, {"start": "00:10:54", "end": "00:11:00", "text": "it goes bull. I mean maybe his"}, {"start": "00:10:56", "end": "00:11:02", "text": "foundation foundation will bring it back"}, {"start": "00:11:00", "end": "00:11:04", "text": "because foundation is not stepping down"}, {"start": "00:11:02", "end": "00:11:06", "text": "but at the same time time is I I you"}, {"start": "00:11:04", "end": "00:11:07", "text": "know Hunter how much time he has to do"}, {"start": "00:11:06", "end": "00:11:11", "text": "this how much time he has to know what's"}, {"start": "00:11:07", "end": "00:11:13", "text": "his upside also this guy I mean I I"}, {"start": "00:11:11", "end": "00:11:16", "text": "think he wants to spend time with some"}, {"start": "00:11:13", "end": "00:11:18", "text": "ladies you know you know what you know"}, {"start": "00:11:16", "end": "00:11:20", "text": "you know now he has a bit of a budget"}, {"start": "00:11:18", "end": "00:11:22", "text": "for that so yeah I don't know will he"}, {"start": "00:11:20", "end": "00:11:25", "text": "work to bring him I don't know yes maybe"}, {"start": "00:11:22", "end": "00:11:27", "text": "I'm be I'm judging him too much Maybe"}, {"start": "00:11:25", "end": "00:11:29", "text": "he's a great guy. I I I think he he"}, {"start": "00:11:27", "end": "00:11:31", "text": "wants that candy, you know, nose candy"}, {"start": "00:11:29", "end": "00:11:32", "text": "and uh take it easy, you know. Now he"}, {"start": "00:11:31", "end": "00:11:35", "text": "has some funds. He wants to make some"}, {"start": "00:11:32", "end": "00:11:36", "text": "money. He's he said on Tucker Carlson, I"}, {"start": "00:11:35", "end": "00:11:37", "text": "want to make some He likely has made a"}, {"start": "00:11:36", "end": "00:11:40", "text": "bit of money now. Likely. I don't know"}, {"start": "00:11:37", "end": "00:11:41", "text": "if Sure. I don't I get the point. You"}, {"start": "00:11:40", "end": "00:11:43", "text": "get the point, guys. Welcome everyone"}, {"start": "00:11:41", "end": "00:11:44", "text": "who is watching live. Big shout out to"}, {"start": "00:11:43", "end": "00:11:47", "text": "Guzman for time stamping us today."}, {"start": "00:11:44", "end": "00:11:49", "text": "Guzman, how you're doing? Big welcome"}, {"start": "00:11:47", "end": "00:11:51", "text": "everyone. Smash up the like as soon as"}, {"start": "00:11:49", "end": "00:11:54", "text": "possible. Subscribe to the channel if"}, {"start": "00:11:51", "end": "00:11:55", "text": "you haven't yet and go to the second"}, {"start": "00:11:54", "end": "00:11:57", "text": "link in description which is the bull"}, {"start": "00:11:55", "end": "00:11:59", "text": "mania newsletter. This is a free"}, {"start": "00:11:57", "end": "00:12:01", "text": "newsletter we send out every week about"}, {"start": "00:11:59", "end": "00:12:02", "text": "the market updates what has happened how"}, {"start": "00:12:01", "end": "00:12:04", "text": "the markets moved and this is very"}, {"start": "00:12:02", "end": "00:12:06", "text": "important. I mean for free basically you"}, {"start": "00:12:04", "end": "00:12:07", "text": "get such nice updates about the on"}, {"start": "00:12:06", "end": "00:12:09", "text": "August 4th we said everyone to be"}, {"start": "00:12:07", "end": "00:12:11", "text": "bullish. Look at August 4th look at"}, {"start": "00:12:09", "end": "00:12:12", "text": "Sana. Look at many coins that what"}, {"start": "00:12:11", "end": "00:12:14", "text": "happened since then. Also one of you"}, {"start": "00:12:12", "end": "00:12:17", "text": "guys will be getting the free copy of"}, {"start": "00:12:14", "end": "00:12:19", "text": "the big profits. If you sign up on the"}, {"start": "00:12:17", "end": "00:12:21", "text": "newsletter, you get a a free copy of a"}, {"start": "00:12:19", "end": "00:12:23", "text": "big profits straight to your inbox."}, {"start": "00:12:21", "end": "00:12:26", "text": "Very, very important. That's number one."}, {"start": "00:12:23", "end": "00:12:29", "text": "Number two, if you are a high ticket"}, {"start": "00:12:26", "end": "00:12:32", "text": "closer, if you are a high ticket closer,"}, {"start": "00:12:29", "end": "00:12:34", "text": "you have an opportunity here to join our"}, {"start": "00:12:32", "end": "00:12:37", "text": "team. Guys, let me show you here"}, {"start": "00:12:34", "end": "00:12:39", "text": "quickly. We are looking for high ticket"}, {"start": "00:12:37", "end": "00:12:42", "text": "closers. This is only for people who are"}, {"start": "00:12:39", "end": "00:12:44", "text": "I have experience in it, number one."}, {"start": "00:12:42", "end": "00:12:46", "text": "number two who want to join Bulmania"}, {"start": "00:12:44", "end": "00:12:48", "text": "because we're growing a lot guys. We're"}, {"start": "00:12:46", "end": "00:12:50", "text": "growing so much it's it's insane. Like"}, {"start": "00:12:48", "end": "00:12:53", "text": "demand for Bulmania in this uh market"}, {"start": "00:12:50", "end": "00:12:55", "text": "has been astonishing. I've never seen"}, {"start": "00:12:53", "end": "00:12:57", "text": "anything like this and so we are"}, {"start": "00:12:55", "end": "00:13:00", "text": "expanding the team. If you use the link"}, {"start": "00:12:57", "end": "00:13:02", "text": "below, I think this one should be the"}, {"start": "00:13:00", "end": "00:13:03", "text": "first one in description. If you work as"}, {"start": "00:13:02", "end": "00:13:05", "text": "high ticket closer, if you know what it"}, {"start": "00:13:03", "end": "00:13:07", "text": "is, uh go link below first link. Click"}, {"start": "00:13:05", "end": "00:13:09", "text": "click click as soon as possible. And on"}, {"start": "00:13:07", "end": "00:13:12", "text": "this note guys, we are moving on. So"}, {"start": "00:13:09", "end": "00:13:15", "text": "Guzman shout out"}, {"start": "00:13:12", "end": "00:13:18", "text": "right big shout out to Guzman number two"}, {"start": "00:13:15", "end": "00:13:19", "text": "Bulman newsletter number three um high"}, {"start": "00:13:18", "end": "00:13:21", "text": "ticket closer those are three things you"}, {"start": "00:13:19", "end": "00:13:24", "text": "need to think about now and now we move"}, {"start": "00:13:21", "end": "00:13:27", "text": "on to uh to Robin Hood guys to Robin"}, {"start": "00:13:24", "end": "00:13:30", "text": "Hood now uh as you know there are many"}, {"start": "00:13:27", "end": "00:13:34", "text": "many memes on Robin Hood that have been"}, {"start": "00:13:30", "end": "00:13:38", "text": "created uh that are paired with"}, {"start": "00:13:34", "end": "00:13:41", "text": "uh with uh stocks with stocks okay now"}, {"start": "00:13:38", "end": "00:13:44", "text": "pampan is copying them back because uh"}, {"start": "00:13:41", "end": "00:13:46", "text": "Robin Hood ecosystem copied Pam Fan with"}, {"start": "00:13:44", "end": "00:13:48", "text": "the launches and now Pampan is copying"}, {"start": "00:13:46", "end": "00:13:51", "text": "them back. Basically doing the same"}, {"start": "00:13:48", "end": "00:13:53", "text": "thing. Now on Pam Fan on Solana, you can"}, {"start": "00:13:51", "end": "00:13:55", "text": "uh also launch a memecoin and you can"}, {"start": "00:13:53", "end": "00:13:58", "text": "pair it with uh whatever with whatever."}, {"start": "00:13:55", "end": "00:14:01", "text": "Listen to this."}, {"start": "00:13:58", "end": "00:14:01", "text": "Yeah."}, {"start": "00:14:02", "end": "00:14:06", "text": "Okay. It's just it's just an ad. But"}, {"start": "00:14:04", "end": "00:14:09", "text": "anyway, Sana custom. You can select"}, {"start": "00:14:06", "end": "00:14:12", "text": "custom pair. You can create a coin. It"}, {"start": "00:14:09", "end": "00:14:14", "text": "is paired with some kind of stock, more"}, {"start": "00:14:12", "end": "00:14:18", "text": "liquidity, yada yada. So let's see if"}, {"start": "00:14:14", "end": "00:14:19", "text": "Sana can bring back bring back the"}, {"start": "00:14:18", "end": "00:14:22", "text": "attention being the number one platform"}, {"start": "00:14:19", "end": "00:14:24", "text": "for experimentation and so on so forth."}, {"start": "00:14:22", "end": "00:14:26", "text": "And I see this is good. This is how"}, {"start": "00:14:24", "end": "00:14:29", "text": "competition should be instead of crying."}, {"start": "00:14:26", "end": "00:14:31", "text": "See when Sana became big, ETH was"}, {"start": "00:14:29", "end": "00:14:32", "text": "crying. Oh no, Sana is so bad. You know,"}, {"start": "00:14:31", "end": "00:14:35", "text": "it had outrage this and that. Man, just"}, {"start": "00:14:32", "end": "00:14:37", "text": "compete. I'm all about competition. Is"}, {"start": "00:14:35", "end": "00:14:38", "text": "Solana crying that Robin Hood is a"}, {"start": "00:14:37", "end": "00:14:40", "text": "corporate chain? They're not crying that"}, {"start": "00:14:38", "end": "00:14:41", "text": "Robin Hood is a corporate chain. Are"}, {"start": "00:14:40", "end": "00:14:42", "text": "they crying that Robin Hood is"}, {"start": "00:14:41", "end": "00:14:44", "text": "centralized? They're not crying that"}, {"start": "00:14:42", "end": "00:14:46", "text": "Robin Hood is centralized. They are just"}, {"start": "00:14:44", "end": "00:14:49", "text": "looking at what works and they are"}, {"start": "00:14:46", "end": "00:14:53", "text": "offering products and services on their"}, {"start": "00:14:49", "end": "00:14:56", "text": "chain that can compete. Compete for F's"}, {"start": "00:14:53", "end": "00:14:59", "text": "sake compete. Don't cry. Don't be uh"}, {"start": "00:14:56", "end": "00:15:01", "text": "coping. Don't be coping. I saw some"}, {"start": "00:14:59", "end": "00:15:02", "text": "salana guys coping slightly. just"}, {"start": "00:15:01", "end": "00:15:05", "text": "slightly where they said that Robin Hood"}, {"start": "00:15:02", "end": "00:15:07", "text": "has like 100 times higher fees, but it's"}, {"start": "00:15:05", "end": "00:15:08", "text": "cop because it's still just, you know,"}, {"start": "00:15:07", "end": "00:15:10", "text": "below a dollar fee if you're making"}, {"start": "00:15:08", "end": "00:15:13", "text": "money on freaking coins. You don't"}, {"start": "00:15:10", "end": "00:15:16", "text": "care if there's like $1 fee, but so no"}, {"start": "00:15:13", "end": "00:15:18", "text": "coping, just go and compete. Go and"}, {"start": "00:15:16", "end": "00:15:21", "text": "compete. That's very, very nice. Also,"}, {"start": "00:15:18", "end": "00:15:23", "text": "speaking about Robin Hood, there is a"}, {"start": "00:15:21", "end": "00:15:26", "text": "new movie that has come out. You may not"}, {"start": "00:15:23", "end": "00:15:28", "text": "have seen it about Robin Hood. Uh,"}, {"start": "00:15:26", "end": "00:15:32", "text": "listen to this. Here is the evil evil"}, {"start": "00:15:28", "end": "00:15:32", "text": "king Gary."}, {"start": "00:15:52", "end": "00:15:56", "text": "Your time is up, Gary."}, {"start": "00:16:02", "end": "00:16:05", "text": ">> [laughter]"}, {"start": "00:16:03", "end": "00:16:07", "text": ">> Big shout out to Gary."}, {"start": "00:16:05", "end": "00:16:10", "text": "Yeah, let's see guys how this uh Robin"}, {"start": "00:16:07", "end": "00:16:12", "text": "Hood meme stock stuff is continuing. But"}, {"start": "00:16:10", "end": "00:16:15", "text": "overall, I love that Robin Hood has"}, {"start": "00:16:12", "end": "00:16:17", "text": "really taken this stock market stuff and"}, {"start": "00:16:15", "end": "00:16:19", "text": "more or less made it mainstream on"}, {"start": "00:16:17", "end": "00:16:21", "text": "chain. More or less made it mainstream"}, {"start": "00:16:19", "end": "00:16:24", "text": "on chain. And there are many questions"}, {"start": "00:16:21", "end": "00:16:27", "text": "that the traditional media has to Robin"}, {"start": "00:16:24", "end": "00:16:29", "text": "Hood about all of this. Um they they're"}, {"start": "00:16:27", "end": "00:16:30", "text": "asking what is tokenized stock and it's"}, {"start": "00:16:29", "end": "00:16:32", "text": "good this is good they're learning"}, {"start": "00:16:30", "end": "00:16:34", "text": "they're learning they're learning more"}, {"start": "00:16:32", "end": "00:16:36", "text": "and more they are understanding more and"}, {"start": "00:16:34", "end": "00:16:41", "text": "more let me see if I can find this video"}, {"start": "00:16:36", "end": "00:16:44", "text": "where uh where uh uh Vlad is explaining"}, {"start": "00:16:41", "end": "00:16:46", "text": "uh on uh what is it CNBC or something"}, {"start": "00:16:44", "end": "00:16:49", "text": "where is this tweet I had it somewhere"}, {"start": "00:16:46", "end": "00:16:52", "text": "one second one second one second one"}, {"start": "00:16:49", "end": "00:16:54", "text": "second not here not here basically it"}, {"start": "00:16:52", "end": "00:16:57", "text": "was on this uh Andrew Sorcin show where"}, {"start": "00:16:54", "end": "00:16:59", "text": "he got asked about all the details all"}, {"start": "00:16:57", "end": "00:17:01", "text": "the details with uh Robin Hood. Oh yeah,"}, {"start": "00:16:59", "end": "00:17:03", "text": "here it is. Uh let's listen to this"}, {"start": "00:17:01", "end": "00:17:05", "text": "because this is important. As the trady"}, {"start": "00:17:03", "end": "00:17:08", "text": "is learning about the existence of"}, {"start": "00:17:05", "end": "00:17:09", "text": "tokenized stocks, what it means, they"}, {"start": "00:17:08", "end": "00:17:11", "text": "have so many questions, so many basic"}, {"start": "00:17:09", "end": "00:17:13", "text": "questions and I think many guys in"}, {"start": "00:17:11", "end": "00:17:14", "text": "crypto community also have the same"}, {"start": "00:17:13", "end": "00:17:17", "text": "questions. So let me just play it to you"}, {"start": "00:17:14", "end": "00:17:18", "text": "so we all learn together with Andrew"}, {"start": "00:17:17", "end": "00:17:20", "text": "Sorcin. Listen to this"}, {"start": "00:17:18", "end": "00:17:22", "text": ">> quickly. I I kind of hear what you're"}, {"start": "00:17:20", "end": "00:17:24", "text": "saying, but I understand Adam Aronson's"}, {"start": "00:17:22", "end": "00:17:26", "text": "frustration with this. He's trying to"}, {"start": "00:17:24", "end": "00:17:29", "text": "build something. He's trying to continue"}, {"start": "00:17:26", "end": "00:17:31", "text": "to build something and you know he wants"}, {"start": "00:17:29", "end": "00:17:33", "text": "investors who are interested and believe"}, {"start": "00:17:31", "end": "00:17:36", "text": "in his product to come to him not to go"}, {"start": "00:17:33", "end": "00:17:37", "text": "through you. So what what what's what"}, {"start": "00:17:36", "end": "00:17:40", "text": "she's saying here is that there is a"}, {"start": "00:17:37", "end": "00:17:43", "text": "drama now with the AMC"}, {"start": "00:17:40", "end": "00:17:45", "text": "stock CEO like AMC company CEO you know"}, {"start": "00:17:43", "end": "00:17:48", "text": "the movie theater and so on. They don't"}, {"start": "00:17:45", "end": "00:17:50", "text": "like that Vlad took their stock and made"}, {"start": "00:17:48", "end": "00:17:53", "text": "a token out of it and now it is on"}, {"start": "00:17:50", "end": "00:17:55", "text": "chain. Now we can argue whether he"}, {"start": "00:17:53", "end": "00:17:56", "text": "should like it, he should not like it. I"}, {"start": "00:17:55", "end": "00:17:58", "text": "mean you can argue that he should like"}, {"start": "00:17:56", "end": "00:18:00", "text": "it because now their stock is relevant."}, {"start": "00:17:58", "end": "00:18:02", "text": "At the same time there's a big question"}, {"start": "00:18:00", "end": "00:18:05", "text": "here. What is possible and what is"}, {"start": "00:18:02", "end": "00:18:07", "text": "allowed to do with a stock and uh does"}, {"start": "00:18:05", "end": "00:18:09", "text": "it even matter that the company"}, {"start": "00:18:07", "end": "00:18:10", "text": "themselves don't like that their stocks"}, {"start": "00:18:09", "end": "00:18:12", "text": "are tokenized? So this is what she's"}, {"start": "00:18:10", "end": "00:18:14", "text": "asking."}, {"start": "00:18:12", "end": "00:18:16", "text": ">> He thinks if they go to you instead of"}, {"start": "00:18:14", "end": "00:18:19", "text": "going to him, his stock price is not"}, {"start": "00:18:16", "end": "00:18:20", "text": "going to do as well. He points out"}, {"start": "00:18:19", "end": "00:18:22", "text": "validly that if they're going to you"}, {"start": "00:18:20", "end": "00:18:23", "text": "instead of him, they don't get a chance"}, {"start": "00:18:22", "end": "00:18:26", "text": "to vote as a shareholder. I can"}, {"start": "00:18:23", "end": "00:18:29", "text": "understand why a CEO would be frustrated"}, {"start": "00:18:26", "end": "00:18:30", "text": "and upset about that. Um, what makes you"}, {"start": "00:18:29", "end": "00:18:32", "text": "think that other CEOs aren't going to"}, {"start": "00:18:30", "end": "00:18:33", "text": "think the same thing? Hey, if they're"}, {"start": "00:18:32", "end": "00:18:35", "text": "interested in buying shares of my"}, {"start": "00:18:33", "end": "00:18:38", "text": "company, they should buy it from me, not"}, {"start": "00:18:35", "end": "00:18:40", "text": "buy something that you've modeled to to"}, {"start": "00:18:38", "end": "00:18:43", "text": "transfer off of it through you. That"}, {"start": "00:18:40", "end": "00:18:44", "text": "that may in turn hurt my stock price"}, {"start": "00:18:43", "end": "00:18:45", "text": "because I'm not getting all the people"}, {"start": "00:18:44", "end": "00:18:48", "text": "who are interested in buying my stock"}, {"start": "00:18:45", "end": "00:18:51", "text": "buying it. I mean I I think that there"}, {"start": "00:18:48", "end": "00:18:55", "text": "there's two things there. Number one,"}, {"start": "00:18:51", "end": "00:19:00", "text": "these uh are products available outside"}, {"start": "00:18:55", "end": "00:19:03", "text": "the US in 120 plus countries. And in a"}, {"start": "00:19:00", "end": "00:19:05", "text": "lot of those places, uh people don't"}, {"start": "00:19:03", "end": "00:19:08", "text": "have easy access to US equities. There's"}, {"start": "00:19:05", "end": "00:19:10", "text": "no underlying brokerage infrastructure."}, {"start": "00:19:08", "end": "00:19:13", "text": "There's no Robin Hood where you can go"}, {"start": "00:19:10", "end": "00:19:15", "text": "on your app and and buy shares. So, we"}, {"start": "00:19:13", "end": "00:19:17", "text": "think a lot of this is actually net new"}, {"start": "00:19:15", "end": "00:19:19", "text": "business and the opportunity for these"}, {"start": "00:19:17", "end": "00:19:21", "text": "companies to access a whole new"}, {"start": "00:19:19", "end": "00:19:22", "text": ">> business for you. What's Adamson get"}, {"start": "00:19:21", "end": "00:19:25", "text": "from it?"}, {"start": "00:19:22", "end": "00:19:27", "text": ">> Well, he gets access to a whole new uh"}, {"start": "00:19:25", "end": "00:19:29", "text": "shareholder base, people who have"}, {"start": "00:19:27", "end": "00:19:34", "text": "exposure to his stock. Um,"}, {"start": "00:19:29", "end": "00:19:37", "text": ">> and because the tokens are backed one by"}, {"start": "00:19:34", "end": "00:19:40", "text": "one one to one by underlying shares, uh,"}, {"start": "00:19:37", "end": "00:19:42", "text": "there is stock purchase backing these"}, {"start": "00:19:40", "end": "00:19:44", "text": "sto these tokens. Um,"}, {"start": "00:19:42", "end": "00:19:46", "text": ">> so her question was a bit"}, {"start": "00:19:44", "end": "00:19:49", "text": "because uh he's saying listen you're"}, {"start": "00:19:46", "end": "00:19:53", "text": "going to get the pump anyway. Okay. If"}, {"start": "00:19:49", "end": "00:19:59", "text": "someone in Africa in subsaharan Africa"}, {"start": "00:19:53", "end": "00:20:04", "text": "buys AMC from the wallet AMC stock Vlad"}, {"start": "00:19:59", "end": "00:20:07", "text": "will have to buy the actual stock. Okay."}, {"start": "00:20:04", "end": "00:20:09", "text": "So now you have the whole world pumping"}, {"start": "00:20:07", "end": "00:20:11", "text": "the the stocks on chain. Okay. and you"}, {"start": "00:20:09", "end": "00:20:13", "text": "get you get the buy pressure propagated"}, {"start": "00:20:11", "end": "00:20:14", "text": "to the real stock, you understand to the"}, {"start": "00:20:13", "end": "00:20:16", "text": "real stock."}, {"start": "00:20:14", "end": "00:20:17", "text": ">> So I I think that's just a misconception"}, {"start": "00:20:16", "end": "00:20:19", "text": "obviously."}, {"start": "00:20:17", "end": "00:20:21", "text": ">> And just so I understand because it's"}, {"start": "00:20:19", "end": "00:20:25", "text": "one to one does does the token come with"}, {"start": "00:20:21", "end": "00:20:27", "text": "all of the um"}, {"start": "00:20:25", "end": "00:20:29", "text": "voting rights and everything else that's"}, {"start": "00:20:27", "end": "00:20:32", "text": "associated dividends and the like with"}, {"start": "00:20:29", "end": "00:20:36", "text": "with owning the actual stock."}, {"start": "00:20:32", "end": "00:20:39", "text": ">> It it it comes with dividends. um voting"}, {"start": "00:20:36", "end": "00:20:42", "text": "rights not in this case because it is a"}, {"start": "00:20:39", "end": "00:20:44", "text": "debt security and the shares are held as"}, {"start": "00:20:42", "end": "00:20:49", "text": "collateral but again that's not"}, {"start": "00:20:44", "end": "00:20:51", "text": "dissimilar to how an ADR or an ETF would"}, {"start": "00:20:49", "end": "00:20:54", "text": "function right if you have an ETF and"}, {"start": "00:20:51", "end": "00:20:57", "text": "you get exposure to an underlying you're"}, {"start": "00:20:54", "end": "00:21:00", "text": "not voting uh in in each underlying"}, {"start": "00:20:57", "end": "00:21:02", "text": ">> can Larry Fank vote my my my stuff uh I"}, {"start": "00:21:00", "end": "00:21:05", "text": "want to put him in charge Vlad I really"}, {"start": "00:21:02", "end": "00:21:06", "text": "like his politics is that possible Oh,"}, {"start": "00:21:05", "end": "00:21:07", "text": ">> can I"}, {"start": "00:21:06", "end": "00:21:09", "text": ">> We can look into that, Joe."}, {"start": "00:21:07", "end": "00:21:12", "text": ">> Yeah, thanks."}, {"start": "00:21:09", "end": "00:21:15", "text": ">> Uh Vlad, can you vote the shares?"}, {"start": "00:21:12", "end": "00:21:18", "text": ">> Um me personally, I mean I uh"}, {"start": "00:21:15", "end": "00:21:19", "text": ">> No, I'm saying well is Robin Hood going"}, {"start": "00:21:18", "end": "00:21:22", "text": "to be voting the share in the same way"}, {"start": "00:21:19", "end": "00:21:24", "text": "that Joe's unhappy that that Larry's"}, {"start": "00:21:22", "end": "00:21:27", "text": "voting shares though it's his firm. Is"}, {"start": "00:21:24", "end": "00:21:30", "text": "Robin Hood voting those shares?"}, {"start": "00:21:27", "end": "00:21:33", "text": "Um I I think that we haven't really"}, {"start": "00:21:30", "end": "00:21:36", "text": "announced plans for for the voting"}, {"start": "00:21:33", "end": "00:21:39", "text": "aspect of of that. Um"}, {"start": "00:21:36", "end": "00:21:41", "text": "so I mean we we can we'll certainly"}, {"start": "00:21:39", "end": "00:21:43", "text": "share more if we have it."}, {"start": "00:21:41", "end": "00:21:44", "text": ">> Yeah. I mean this one is is a massive"}, {"start": "00:21:43", "end": "00:21:46", "text": "one because you know that one of the"}, {"start": "00:21:44", "end": "00:21:48", "text": "most influential companies in the world"}, {"start": "00:21:46", "end": "00:21:50", "text": "is Black Rockck because when you buy a"}, {"start": "00:21:48", "end": "00:21:52", "text": "Black Rockck ETF they take your money"}, {"start": "00:21:50", "end": "00:21:54", "text": "they buy all of the underlying companies"}, {"start": "00:21:52", "end": "00:21:56", "text": "and now they get to vote what happens to"}, {"start": "00:21:54", "end": "00:21:57", "text": "those companies. they are part of the"}, {"start": "00:21:56", "end": "00:22:00", "text": "board in some cases or they're part of"}, {"start": "00:21:57", "end": "00:22:02", "text": "just shareholders voting on different"}, {"start": "00:22:00", "end": "00:22:05", "text": "matters in the annual general meeting or"}, {"start": "00:22:02", "end": "00:22:07", "text": "or in other other situations where the"}, {"start": "00:22:05", "end": "00:22:09", "text": "shareholder vote is needed. So what what"}, {"start": "00:22:07", "end": "00:22:11", "text": "CNBC is asking Vlad here is very"}, {"start": "00:22:09", "end": "00:22:14", "text": "important because should the tokenized"}, {"start": "00:22:11", "end": "00:22:17", "text": "stocks become massive and maybe in the"}, {"start": "00:22:14", "end": "00:22:19", "text": "future even bigger than ETFs in the"}, {"start": "00:22:17", "end": "00:22:20", "text": "future as uh this is more global it's"}, {"start": "00:22:19", "end": "00:22:22", "text": "more inclusive you don't have to have a"}, {"start": "00:22:20", "end": "00:22:25", "text": "brokerage account you don't need to do"}, {"start": "00:22:22", "end": "00:22:27", "text": "any KYC so they could become bigger"}, {"start": "00:22:25", "end": "00:22:29", "text": "because people around the world will be"}, {"start": "00:22:27", "end": "00:22:33", "text": "buying tokenized stock and for all of"}, {"start": "00:22:29", "end": "00:22:35", "text": "these tokenized stocks the voting the"}, {"start": "00:22:33", "end": "00:22:37", "text": "voting power goes to Vlad goes to Vlad"}, {"start": "00:22:35", "end": "00:22:38", "text": "and Robin that's a That's a massive"}, {"start": "00:22:37", "end": "00:22:40", "text": "question actually in terms of the"}, {"start": "00:22:38", "end": "00:22:41", "text": "corporate influence"}, {"start": "00:22:40", "end": "00:22:44", "text": ">> but okay"}, {"start": "00:22:41", "end": "00:22:47", "text": ">> again there is established uh there is"}, {"start": "00:22:44", "end": "00:22:50", "text": "established precedent for"}, {"start": "00:22:47", "end": "00:22:53", "text": "uh creating these types of products and"}, {"start": "00:22:50", "end": "00:22:55", "text": "you know they they give exposure to"}, {"start": "00:22:53", "end": "00:22:58", "text": "these assets to people all over the"}, {"start": "00:22:55", "end": "00:23:01", "text": "world. So I do think this is the future."}, {"start": "00:22:58", "end": "00:23:02", "text": "The entire financial industry is headed"}, {"start": "00:23:01", "end": "00:23:06", "text": "in this direction. Wow."}, {"start": "00:23:02", "end": "00:23:08", "text": ">> The US is is also working on innovation"}, {"start": "00:23:06", "end": "00:23:12", "text": "exemptions to allow for for tokenized"}, {"start": "00:23:08", "end": "00:23:13", "text": "securities out here and it'll take time"}, {"start": "00:23:12", "end": "00:23:16", "text": "to educate."}, {"start": "00:23:13", "end": "00:23:18", "text": ">> Yeah, big big shout out to to Vlad. He's"}, {"start": "00:23:16", "end": "00:23:20", "text": "fantastic. I mean, this is what he what"}, {"start": "00:23:18", "end": "00:23:22", "text": "he's saying is fully correct here and"}, {"start": "00:23:20", "end": "00:23:23", "text": "people want onchain stock and the market"}, {"start": "00:23:22", "end": "00:23:24", "text": "gives them onchain stock. That's it. So,"}, {"start": "00:23:23", "end": "00:23:26", "text": "that's how onchain stocks work. Now,"}, {"start": "00:23:24", "end": "00:23:29", "text": "they're also on Solana. They've been on"}, {"start": "00:23:26", "end": "00:23:31", "text": "Sana for a long time. See, here's where"}, {"start": "00:23:29", "end": "00:23:32", "text": "execution matters because Sana"}, {"start": "00:23:31", "end": "00:23:34", "text": "technically had token stocks before"}, {"start": "00:23:32", "end": "00:23:37", "text": "Robin Hood, but Robin Hood was just"}, {"start": "00:23:34", "end": "00:23:38", "text": "better at executing. So, there's a big"}, {"start": "00:23:37", "end": "00:23:39", "text": "lesson in there because sometimes people"}, {"start": "00:23:38", "end": "00:23:41", "text": "are saying, \"Ivan, I have an idea for a"}, {"start": "00:23:39", "end": "00:23:42", "text": "startup. I don't want to tell you"}, {"start": "00:23:41", "end": "00:23:44", "text": "because it's like super secret.\" M."}, {"start": "00:23:42", "end": "00:23:45", "text": "Listen, no one cares about your idea."}, {"start": "00:23:44", "end": "00:23:48", "text": "It's all about execution. You got to"}, {"start": "00:23:45", "end": "00:23:51", "text": "execute. Vlad came executed the crap out"}, {"start": "00:23:48", "end": "00:23:53", "text": "of this stock. And let's see if Salana"}, {"start": "00:23:51", "end": "00:23:55", "text": "can catch up. But, all in all, it's good"}, {"start": "00:23:53", "end": "00:23:57", "text": "for the end user. There's all kinds of"}, {"start": "00:23:55", "end": "00:24:01", "text": "different uh solutions and compositions"}, {"start": "00:23:57", "end": "00:24:03", "text": "etc. Look here you have Fed potentially"}, {"start": "00:24:01", "end": "00:24:07", "text": "increasing the rate in September."}, {"start": "00:24:03", "end": "00:24:09", "text": "According to poly market, according to"}, {"start": "00:24:07", "end": "00:24:12", "text": "different uh u different prediction"}, {"start": "00:24:09", "end": "00:24:15", "text": "markets, the number one the number one"}, {"start": "00:24:12", "end": "00:24:16", "text": "outcome is Fed uh increasing rates. Uh"}, {"start": "00:24:15", "end": "00:24:19", "text": "let's see. I mean that would be that"}, {"start": "00:24:16", "end": "00:24:22", "text": "would be quite spicy uh if they increase"}, {"start": "00:24:19", "end": "00:24:26", "text": "rate. Trump wants them down. Trump said"}, {"start": "00:24:22", "end": "00:24:28", "text": "that he would more or less do tariff"}, {"start": "00:24:26", "end": "00:24:30", "text": "against the Fed or what did he say? Let"}, {"start": "00:24:28", "end": "00:24:32", "text": "me see. This was a few weeks ago. This"}, {"start": "00:24:30", "end": "00:24:34", "text": "isn't super recent, but let's see. Trump"}, {"start": "00:24:32", "end": "00:24:37", "text": "interest rate"}, {"start": "00:24:34", "end": "00:24:37", "text": "uh tariff."}, {"start": "00:24:37", "end": "00:24:40", "text": "[laughter]"}, {"start": "00:24:37", "end": "00:24:42", "text": "What did he say? I need to find it. He"}, {"start": "00:24:40", "end": "00:24:44", "text": "was saying that if they don't cut"}, {"start": "00:24:42", "end": "00:24:47", "text": "interest rate,"}, {"start": "00:24:44", "end": "00:24:49", "text": "he he's going to do something which is"}, {"start": "00:24:47", "end": "00:24:51", "text": "like uh"}, {"start": "00:24:49", "end": "00:24:54", "text": "tariffing"}, {"start": "00:24:51", "end": "00:24:54", "text": "Oh yeah. Know here, here, here."}, {"start": "00:24:54", "end": "00:24:56", "text": "[laughter]"}, {"start": "00:24:54", "end": "00:24:58", "text": "Lower the interest rate because the US"}, {"start": "00:24:56", "end": "00:25:00", "text": "is much stronger in credit than um every"}, {"start": "00:24:58", "end": "00:25:02", "text": "anything else. So they should have the"}, {"start": "00:25:00", "end": "00:25:04", "text": "lowest. He's saying lower the rate or"}, {"start": "00:25:02", "end": "00:25:07", "text": "I'll stop trading with countries with"}, {"start": "00:25:04", "end": "00:25:07", "text": "which we have a deficit. [laughter]"}, {"start": "00:25:08", "end": "00:25:13", "text": "Great. So this was on September 4th. Uh"}, {"start": "00:25:10", "end": "00:25:15", "text": "this was over a week ago. Great job"}, {"start": "00:25:13", "end": "00:25:17", "text": "numbers and you haven't seen anything"}, {"start": "00:25:15", "end": "00:25:19", "text": "yet. Employers added this many jobs in"}, {"start": "00:25:17", "end": "00:25:23", "text": "August."}, {"start": "00:25:19", "end": "00:25:25", "text": "So uh he's saying elite lower the rate"}, {"start": "00:25:23", "end": "00:25:28", "text": "or I'll stop trading with countries"}, {"start": "00:25:25", "end": "00:25:30", "text": "which we have a deficit with which we"}, {"start": "00:25:28", "end": "00:25:32", "text": "have a deficit which the US Supreme"}, {"start": "00:25:30", "end": "00:25:34", "text": "Court in his ridiculous and very cost"}, {"start": "00:25:32", "end": "00:25:36", "text": "decision strongly acknowledge the"}, {"start": "00:25:34", "end": "00:25:38", "text": "president has an absolute right to do"}, {"start": "00:25:36", "end": "00:25:41", "text": "it's better than tariffs [laughter] the"}, {"start": "00:25:38", "end": "00:25:44", "text": "Fed board in in with it great leader"}, {"start": "00:25:41", "end": "00:25:46", "text": "must get smart be patriots [laughter] oh"}, {"start": "00:25:44", "end": "00:25:47", "text": "yeah let's see guys let's we just going"}, {"start": "00:25:46", "end": "00:25:50", "text": "to react to whatever happens guys we're"}, {"start": "00:25:47", "end": "00:25:52", "text": "going to be okay uh But uh a lot of"}, {"start": "00:25:50", "end": "00:25:53", "text": "drama, a lot of drama in financial"}, {"start": "00:25:52", "end": "00:25:55", "text": "markets as you can see. Will they"}, {"start": "00:25:53", "end": "00:25:57", "text": "increase? Will they decrease? Meanwhile,"}, {"start": "00:25:55", "end": "00:25:59", "text": "with bullmania, we have a simple system."}, {"start": "00:25:57", "end": "00:26:00", "text": "With bullish, bearish, should the trade"}, {"start": "00:25:59", "end": "00:26:02", "text": "go against us, we have a stop-loss."}, {"start": "00:26:00", "end": "00:26:04", "text": "Should the trade go against us, we have"}, {"start": "00:26:02", "end": "00:26:06", "text": "a scenario for everything. We have a"}, {"start": "00:26:04", "end": "00:26:07", "text": "scenario literally for everything. So,"}, {"start": "00:26:06", "end": "00:26:09", "text": "we're going to make money no matter"}, {"start": "00:26:07", "end": "00:26:10", "text": "what. No, no matter which market,"}, {"start": "00:26:09", "end": "00:26:12", "text": "always, always, always, always, always."}, {"start": "00:26:10", "end": "00:26:14", "text": "So, imagine trying to trade based on all"}, {"start": "00:26:12", "end": "00:26:16", "text": "of this. How you trade based on all of"}, {"start": "00:26:14", "end": "00:26:18", "text": "this, I don't know. But if you trade"}, {"start": "00:26:16", "end": "00:26:20", "text": "based on trends, if you know the"}, {"start": "00:26:18", "end": "00:26:22", "text": "mechanical rules, it's man, it's easy."}, {"start": "00:26:20", "end": "00:26:25", "text": "It's easy. It's easy. It's easy mode."}, {"start": "00:26:22", "end": "00:26:29", "text": "Your life becomes easy mode. Uh next,"}, {"start": "00:26:25", "end": "00:26:32", "text": "you have also uh here uh Bessant saying"}, {"start": "00:26:29", "end": "00:26:35", "text": "that he needs the clarity act. He is"}, {"start": "00:26:32", "end": "00:26:38", "text": "saying that it's time to get the clarity"}, {"start": "00:26:35", "end": "00:26:40", "text": "act yet again for the hundth time. And"}, {"start": "00:26:38", "end": "00:26:42", "text": "also he's saying that I'm the house now."}, {"start": "00:26:40", "end": "00:26:46", "text": "When it comes to the bond market, he's"}, {"start": "00:26:42", "end": "00:26:48", "text": "saying I'm the house. And um and uh"}, {"start": "00:26:46", "end": "00:26:50", "text": "yeah, basically don't trade against me."}, {"start": "00:26:48", "end": "00:26:54", "text": "Listen to this."}, {"start": "00:26:50", "end": "00:26:57", "text": ">> Whenever people say, \"Oh, well, Treasury"}, {"start": "00:26:54", "end": "00:26:59", "text": "Secretary is taking a risk is well, it's"}, {"start": "00:26:57", "end": "00:27:02", "text": "my dream. I have asymmetric"}, {"start": "00:26:59", "end": "00:27:05", "text": "information.\" Like, I am the house now."}, {"start": "00:27:02", "end": "00:27:08", "text": "when we intervene with the Japanese yen,"}, {"start": "00:27:05", "end": "00:27:10", "text": "I have pretty good insight into what the"}, {"start": "00:27:08", "end": "00:27:13", "text": "Japanese what the Bank of Japan's going"}, {"start": "00:27:10", "end": "00:27:19", "text": "to do, what Japanese policy makers are"}, {"start": "00:27:13", "end": "00:27:22", "text": "going to do. Um, and um, if you can bet"}, {"start": "00:27:19", "end": "00:27:25", "text": "against me if you want, whenever people"}, {"start": "00:27:22", "end": "00:27:28", "text": ">> bet against me if you want. Exactly. So"}, {"start": "00:27:25", "end": "00:27:31", "text": "all in all guys uh the conclusion out of"}, {"start": "00:27:28", "end": "00:27:34", "text": "everything here is printer online as"}, {"start": "00:27:31", "end": "00:27:36", "text": "soon as possible. Printer will come"}, {"start": "00:27:34", "end": "00:27:39", "text": "online. Um I don't put too much weight"}, {"start": "00:27:36", "end": "00:27:42", "text": "into this rate hike uh narrative at all"}, {"start": "00:27:39", "end": "00:27:44", "text": "because this is not the time to be to be"}, {"start": "00:27:42", "end": "00:27:46", "text": "bearish. The time to be bearish was uh"}, {"start": "00:27:44", "end": "00:27:48", "text": "last October when we were bearish. It's"}, {"start": "00:27:46", "end": "00:27:49", "text": "not the time to be bearish now. There's"}, {"start": "00:27:48", "end": "00:27:51", "text": "always going to be a narrative which"}, {"start": "00:27:49", "end": "00:27:53", "text": "sounds bearish. There's always going to"}, {"start": "00:27:51", "end": "00:27:55", "text": "be some kind of concern always about"}, {"start": "00:27:53", "end": "00:27:58", "text": "something. There is never a time in the"}, {"start": "00:27:55", "end": "00:28:00", "text": "world where you have everything just"}, {"start": "00:27:58", "end": "00:28:03", "text": "bullish and there's no fear and there's"}, {"start": "00:28:00", "end": "00:28:04", "text": "no counterargument and the at the same"}, {"start": "00:28:03", "end": "00:28:06", "text": "time it's vice versa also there's never"}, {"start": "00:28:04", "end": "00:28:08", "text": "a time where everything is just bearish."}, {"start": "00:28:06", "end": "00:28:11", "text": "So you have to take all the information"}, {"start": "00:28:08", "end": "00:28:12", "text": "and make a bet. Make a bet which may go"}, {"start": "00:28:11", "end": "00:28:14", "text": "against you. You may lose money but you"}, {"start": "00:28:12", "end": "00:28:16", "text": "have a stop loss done. Fantastic."}, {"start": "00:28:14", "end": "00:28:21", "text": "Fantastic. So guys that's that. Let's go"}, {"start": "00:28:16", "end": "00:28:23", "text": "to Q&A questions, answers, debates,"}, {"start": "00:28:21", "end": "00:28:26", "text": "discussions. While you are thinking"}, {"start": "00:28:23", "end": "00:28:28", "text": "about questions and all of this, go to"}, {"start": "00:28:26", "end": "00:28:29", "text": "bullmania.com/subscribe."}, {"start": "00:28:28", "end": "00:28:31", "text": "This is the second link in the"}, {"start": "00:28:29", "end": "00:28:33", "text": "description. Go to the newsletter and"}, {"start": "00:28:31", "end": "00:28:37", "text": "also we have a fantastic fantastic"}, {"start": "00:28:33", "end": "00:28:41", "text": "Bullmania story here from Mariana. She"}, {"start": "00:28:37", "end": "00:28:43", "text": "shared it on our last weekly weekly uh"}, {"start": "00:28:41", "end": "00:28:45", "text": "live stream which is private for bull"}, {"start": "00:28:43", "end": "00:28:47", "text": "media members. Listen to this. while"}, {"start": "00:28:45", "end": "00:28:49", "text": "you're thinking about your great great"}, {"start": "00:28:47", "end": "00:28:50", "text": "questions."}, {"start": "00:28:49", "end": "00:28:54", "text": "Mariana says, \"Guys, you're amazing. You"}, {"start": "00:28:50", "end": "00:28:56", "text": "have saved me 350K.\" Holy crap. And the"}, {"start": "00:28:54", "end": "00:28:58", "text": "wizard is another fantastic Mariana."}, {"start": "00:28:56", "end": "00:29:00", "text": "Fantastic to hear. And also, by the way,"}, {"start": "00:28:58", "end": "00:29:03", "text": "sometimes [clears throat] I see people"}, {"start": "00:29:00", "end": "00:29:04", "text": "in Discord. They ask like so specific"}, {"start": "00:29:03", "end": "00:29:06", "text": "about their portfolio. They're like,"}, {"start": "00:29:04", "end": "00:29:08", "text": "\"Okay, I have this much money. Should I"}, {"start": "00:29:06", "end": "00:29:09", "text": "should I buy should I invest this amount"}, {"start": "00:29:08", "end": "00:29:12", "text": "or that amount?\" And you know, we can"}, {"start": "00:29:09", "end": "00:29:14", "text": "help in Discord also. Um but you know in"}, {"start": "00:29:12", "end": "00:29:16", "text": "these cases where you really like ask"}, {"start": "00:29:14", "end": "00:29:18", "text": "over and over again about your specific"}, {"start": "00:29:16", "end": "00:29:20", "text": "situation. Yeah I have this amount of"}, {"start": "00:29:18", "end": "00:29:22", "text": "portfolio I have a 15K in the stock"}, {"start": "00:29:20", "end": "00:29:24", "text": "market I have this you know it's for"}, {"start": "00:29:22", "end": "00:29:26", "text": "these cases where you feel like you are"}, {"start": "00:29:24", "end": "00:29:28", "text": "like that you you need Jason you need"}, {"start": "00:29:26", "end": "00:29:30", "text": "JSON call as soon as possible. Of course"}, {"start": "00:29:28", "end": "00:29:31", "text": "we can also help you in Discord but you"}, {"start": "00:29:30", "end": "00:29:34", "text": "know in Discord it's going to be"}, {"start": "00:29:31", "end": "00:29:36", "text": "chatting you you write something we chat"}, {"start": "00:29:34", "end": "00:29:38", "text": "back it's not fully I mean you"}, {"start": "00:29:36", "end": "00:29:39", "text": "understand like it's night and day. It's"}, {"start": "00:29:38", "end": "00:29:42", "text": "night and day. Of course, we're happy to"}, {"start": "00:29:39", "end": "00:29:43", "text": "help in Discord also, but uh it's nice"}, {"start": "00:29:42", "end": "00:29:44", "text": "and dense to have a proper one. Anyway,"}, {"start": "00:29:43", "end": "00:29:47", "text": "guys, thank you very much for being"}, {"start": "00:29:44", "end": "00:29:48", "text": "here. Big sh fantastic. Big shout to"}, {"start": "00:29:47", "end": "00:29:50", "text": "Mariana and this is why you know in"}, {"start": "00:29:48", "end": "00:29:53", "text": "Bulmania because we have this one"}, {"start": "00:29:50", "end": "00:29:56", "text": "approach. Many people who speak to Jason"}, {"start": "00:29:53", "end": "00:29:58", "text": "in this case, this is our Chinese quant"}, {"start": "00:29:56", "end": "00:29:59", "text": "are changed in many cases. Their lives"}, {"start": "00:29:58", "end": "00:30:02", "text": "are changed. So there's there's no"}, {"start": "00:29:59", "end": "00:30:04", "text": "product such as Bulmania anywhere on the"}, {"start": "00:30:02", "end": "00:30:06", "text": "market because literally oneonone with"}, {"start": "00:30:04", "end": "00:30:08", "text": "Jason people come out. There there was"}, {"start": "00:30:06", "end": "00:30:10", "text": "another guy a few weeks ago. He said"}, {"start": "00:30:08", "end": "00:30:12", "text": "that he saved the 500k. This was all in"}, {"start": "00:30:10", "end": "00:30:14", "text": "the bare market. And again, we were this"}, {"start": "00:30:12", "end": "00:30:17", "text": "was all throughout the bear. Imagine now"}, {"start": "00:30:14", "end": "00:30:20", "text": "that guy has 500k to deploy in new bull"}, {"start": "00:30:17", "end": "00:30:22", "text": "trends. Oh, or or this girl Mariana now"}, {"start": "00:30:20", "end": "00:30:24", "text": "she can deploy in new bull trends. Why?"}, {"start": "00:30:22", "end": "00:30:27", "text": "Because we have great tools. We have"}, {"start": "00:30:24", "end": "00:30:30", "text": "great education. We help you in Discord."}, {"start": "00:30:27", "end": "00:30:32", "text": "But also you get this amazing one-on-one"}, {"start": "00:30:30", "end": "00:30:34", "text": "experience with Jason. Oh, he's the"}, {"start": "00:30:32", "end": "00:30:35", "text": "best. He's the best. I mean, it is a"}, {"start": "00:30:34", "end": "00:30:38", "text": "gift to humanity. And also booming AI."}, {"start": "00:30:35", "end": "00:30:40", "text": "Never forget bulli. Let's let's actually"}, {"start": "00:30:38", "end": "00:30:43", "text": "see if we missed something from Boom AI."}, {"start": "00:30:40", "end": "00:30:44", "text": "All in all, it's basically a gift to"}, {"start": "00:30:43", "end": "00:30:46", "text": "humanity, I can tell you because"}, {"start": "00:30:44", "end": "00:30:48", "text": "everything else people spend so much"}, {"start": "00:30:46", "end": "00:30:49", "text": "time in the markets get wrecked in"}, {"start": "00:30:48", "end": "00:30:50", "text": "different ways. Now, let me just go"}, {"start": "00:30:49", "end": "00:30:52", "text": "through here so we haven't missed"}, {"start": "00:30:50", "end": "00:30:54", "text": "anything. Laptop, we're covered."}, {"start": "00:30:52", "end": "00:30:56", "text": "Treasury Bessant, we're covered."}, {"start": "00:30:54", "end": "00:30:59", "text": "Strategy repurchased a bunch of stretch."}, {"start": "00:30:56", "end": "00:31:01", "text": "Let's see. Did they get back to 100 or"}, {"start": "00:30:59", "end": "00:31:03", "text": "what's happening? They I guess soon they"}, {"start": "00:31:01", "end": "00:31:06", "text": "must be back to 100. Yeah, then they're"}, {"start": "00:31:03", "end": "00:31:08", "text": "getting closer. If it is above 100, it's"}, {"start": "00:31:06", "end": "00:31:10", "text": "another pump for Bitcoin. Why? Because"}, {"start": "00:31:08", "end": "00:31:12", "text": "then Sailor can raise money from"}, {"start": "00:31:10", "end": "00:31:14", "text": "Shadowfi and buy Bitcoin with it. So"}, {"start": "00:31:12", "end": "00:31:17", "text": "that that's going to be another catalyst"}, {"start": "00:31:14", "end": "00:31:19", "text": "when Stretch returns to 100. So yeah,"}, {"start": "00:31:17", "end": "00:31:23", "text": "they're trying to get back to 100 by"}, {"start": "00:31:19", "end": "00:31:24", "text": "repair rebying. Oil is high. Uh pump fan"}, {"start": "00:31:23", "end": "00:31:26", "text": "ships custom pairs. Yeah. So we did"}, {"start": "00:31:24", "end": "00:31:29", "text": "that. This we discussed this. We"}, {"start": "00:31:26", "end": "00:31:31", "text": "discussed uh Hunter Hunter Ber and"}, {"start": "00:31:29", "end": "00:31:33", "text": "damage control. Oh, let's check this"}, {"start": "00:31:31", "end": "00:31:36", "text": "one. What's happening with anthropic?"}, {"start": "00:31:33", "end": "00:31:38", "text": "Anthropic, what are you doing? Anthropic"}, {"start": "00:31:36", "end": "00:31:40", "text": "is reportedly building an extensive"}, {"start": "00:31:38", "end": "00:31:42", "text": "monitoring system to keep tabs on"}, {"start": "00:31:40", "end": "00:31:44", "text": "activists who oppose the development of"}, {"start": "00:31:42", "end": "00:31:47", "text": "AI. There you go guys. It can become"}, {"start": "00:31:44", "end": "00:31:50", "text": "quite um quite dystopic dystopian"}, {"start": "00:31:47", "end": "00:31:51", "text": "dystopic very very soon. That's why in"}, {"start": "00:31:50", "end": "00:31:53", "text": "crypto you also have very important"}, {"start": "00:31:51", "end": "00:31:55", "text": "projects. All these AI projects like"}, {"start": "00:31:53", "end": "00:31:58", "text": "Venice Venice pumped a lot on this open"}, {"start": "00:31:55", "end": "00:32:00", "text": "AI situation. Uh you have the other ones"}, {"start": "00:31:58", "end": "00:32:02", "text": "which are not really pumping but you can"}, {"start": "00:32:00", "end": "00:32:03", "text": "keep an eye towel and fetch in case they"}, {"start": "00:32:02", "end": "00:32:07", "text": "go bull trend. Yeah, something to keep"}, {"start": "00:32:03", "end": "00:32:09", "text": "an eye on because this story with uh"}, {"start": "00:32:07", "end": "00:32:11", "text": "traditional labs, traditional labs being"}, {"start": "00:32:09", "end": "00:32:13", "text": "a bit evil is going to get bigger, guys."}, {"start": "00:32:11", "end": "00:32:15", "text": "It's going to get bigger. And the the"}, {"start": "00:32:13", "end": "00:32:17", "text": "good thing is we have a solution. And"}, {"start": "00:32:15", "end": "00:32:19", "text": "isn't it interesting that in this case,"}, {"start": "00:32:17", "end": "00:32:22", "text": "China, they seem like the good guys."}, {"start": "00:32:19", "end": "00:32:24", "text": "Isn't it interesting because what OpenAI"}, {"start": "00:32:22", "end": "00:32:26", "text": "has done lately where they're accused of"}, {"start": "00:32:24", "end": "00:32:28", "text": "stealing a mathematical invention, a"}, {"start": "00:32:26", "end": "00:32:30", "text": "mathematical solution to this millennia"}, {"start": "00:32:28", "end": "00:32:32", "text": "problem. We discussed it yesterday."}, {"start": "00:32:30", "end": "00:32:34", "text": "alsthropic they they have so much bad"}, {"start": "00:32:32", "end": "00:32:37", "text": "press. Meanwhile, the China guys, the"}, {"start": "00:32:34", "end": "00:32:40", "text": "Xiinpings, they are like the good guys"}, {"start": "00:32:37", "end": "00:32:41", "text": "because they release open source"}, {"start": "00:32:40", "end": "00:32:43", "text": "and now [gasps and laughter]"}, {"start": "00:32:41", "end": "00:32:46", "text": "you can run your own you know open"}, {"start": "00:32:43", "end": "00:32:48", "text": "source Chinese model and you see because"}, {"start": "00:32:46", "end": "00:32:50", "text": "it is open source they don't track you"}, {"start": "00:32:48", "end": "00:32:53", "text": "like it's you know it's uh there you run"}, {"start": "00:32:50", "end": "00:32:55", "text": "it on your own machine now is it biased"}, {"start": "00:32:53", "end": "00:32:57", "text": "that's that's another thing with China"}, {"start": "00:32:55", "end": "00:32:59", "text": "of course their model may be biased you"}, {"start": "00:32:57", "end": "00:33:01", "text": "ask about a famous square a famous"}, {"start": "00:32:59", "end": "00:33:04", "text": "square you ask the a model about famous"}, {"start": "00:33:01", "end": "00:33:05", "text": "square it may not tell you But uh you"}, {"start": "00:33:04", "end": "00:33:09", "text": "see it's interesting. It's interesting"}, {"start": "00:33:05", "end": "00:33:12", "text": "because uh for the west for the"}, {"start": "00:33:09", "end": "00:33:14", "text": "westerner uh it maybe does make more"}, {"start": "00:33:12", "end": "00:33:17", "text": "sense to use open source Chinese than to"}, {"start": "00:33:14", "end": "00:33:19", "text": "use anthropic or open or or open AI"}, {"start": "00:33:17", "end": "00:33:20", "text": "because if you use anthropic open AI"}, {"start": "00:33:19", "end": "00:33:22", "text": "they're going to literally steal your"}, {"start": "00:33:20", "end": "00:33:24", "text": "stuff. I mean what happened with the"}, {"start": "00:33:22", "end": "00:33:26", "text": "mathematicians if you use Chinese okay"}, {"start": "00:33:24", "end": "00:33:30", "text": "you cannot ask it about the famous"}, {"start": "00:33:26", "end": "00:33:33", "text": "square but at the same time uh why would"}, {"start": "00:33:30", "end": "00:33:35", "text": "you I mean do are you political or what"}, {"start": "00:33:33", "end": "00:33:37", "text": "are you like as in in in that system as"}, {"start": "00:33:35", "end": "00:33:38", "text": "long as you're not political uh you"}, {"start": "00:33:37", "end": "00:33:40", "text": "you're going to get the answers and even"}, {"start": "00:33:38", "end": "00:33:41", "text": "if you are political the data is not"}, {"start": "00:33:40", "end": "00:33:44", "text": "shared because you run on your own"}, {"start": "00:33:41", "end": "00:33:46", "text": "machine like the model is on on your"}, {"start": "00:33:44", "end": "00:33:49", "text": "machine you understand so yeah guys uh"}, {"start": "00:33:46", "end": "00:33:51", "text": "check out open source models uh I think"}, {"start": "00:33:49", "end": "00:33:55", "text": "now there are many ways to run your own"}, {"start": "00:33:51", "end": "00:33:58", "text": "model. Also, if you go to uh uh hugging"}, {"start": "00:33:55", "end": "00:34:01", "text": "face here, you can see which models are"}, {"start": "00:33:58", "end": "00:34:03", "text": "available. You can browse, you can, you"}, {"start": "00:34:01", "end": "00:34:06", "text": "know, explore a bit because I think you"}, {"start": "00:34:03", "end": "00:34:07", "text": "will be surprised how easy it is to to"}, {"start": "00:34:06", "end": "00:34:09", "text": "run them. You know, you can you can go"}, {"start": "00:34:07", "end": "00:34:11", "text": "go to huggingface.co"}, {"start": "00:34:09", "end": "00:34:14", "text": "and explore a bit. A lot of these models"}, {"start": "00:34:11", "end": "00:34:17", "text": "are free. Uh search on YouTube how to"}, {"start": "00:34:14", "end": "00:34:18", "text": "use them, how to how to install them"}, {"start": "00:34:17", "end": "00:34:20", "text": "because you will be surprised. It's not"}, {"start": "00:34:18", "end": "00:34:22", "text": "hard. like literally not hard not hard"}, {"start": "00:34:20", "end": "00:34:24", "text": "and you get for and you see the average"}, {"start": "00:34:22", "end": "00:34:26", "text": "plebe"}, {"start": "00:34:24", "end": "00:34:29", "text": "I mean you and I we don't use AI for"}, {"start": "00:34:26", "end": "00:34:31", "text": "anything like mega complex anyway so you"}, {"start": "00:34:29", "end": "00:34:34", "text": "don't need those latest latest one I"}, {"start": "00:34:31", "end": "00:34:36", "text": "mean for you to do your normal work task"}, {"start": "00:34:34", "end": "00:34:39", "text": "with AI man this free ones are more than"}, {"start": "00:34:36", "end": "00:34:42", "text": "enough now you some of them require a"}, {"start": "00:34:39", "end": "00:34:43", "text": "big um hard they have big hardware"}, {"start": "00:34:42", "end": "00:34:46", "text": "requirements so that's something to"}, {"start": "00:34:43", "end": "00:34:48", "text": "think about but at the same time okay"}, {"start": "00:34:46", "end": "00:34:50", "text": "buy some you know MacBook what is it uh"}, {"start": "00:34:48", "end": "00:34:51", "text": "Mac Mac Air, what's it called? MacBook"}, {"start": "00:34:50", "end": "00:34:53", "text": "Mini. I have MacBook Studio for example."}, {"start": "00:34:51", "end": "00:34:56", "text": "It can run quite a lot. Can write quite"}, {"start": "00:34:53", "end": "00:34:58", "text": "a quite a lot. Um, so anyway, yeah,"}, {"start": "00:34:56", "end": "00:35:00", "text": "something to consider at least. At least"}, {"start": "00:34:58", "end": "00:35:02", "text": "something to consider. What else? What"}, {"start": "00:35:00", "end": "00:35:04", "text": "else? Uh, yeah, I mean that's it. Let's"}, {"start": "00:35:02", "end": "00:35:06", "text": "go to Q&A. Uh, let's see if we just"}, {"start": "00:35:04", "end": "00:35:09", "text": "missed something. Japan, China. Oh yeah,"}, {"start": "00:35:06", "end": "00:35:11", "text": "China and Japan are dumping treasuries."}, {"start": "00:35:09", "end": "00:35:14", "text": "They will have this will mean this will"}, {"start": "00:35:11", "end": "00:35:16", "text": "lead to the US government deploying"}, {"start": "00:35:14", "end": "00:35:18", "text": "money to buy treasuries because they"}, {"start": "00:35:16", "end": "00:35:20", "text": "want to control the the yield curve."}, {"start": "00:35:18", "end": "00:35:22", "text": "Does that"}, {"start": "00:35:20", "end": "00:35:23", "text": "uh this we discussed this we discussed"}, {"start": "00:35:22", "end": "00:35:25", "text": "let's just go quickly so we don't miss"}, {"start": "00:35:23", "end": "00:35:27", "text": "anything. I want you to have an a full"}, {"start": "00:35:25", "end": "00:35:30", "text": "end toend knowledge about the market"}, {"start": "00:35:27", "end": "00:35:32", "text": "here. Uh so let let's do this quick uh"}, {"start": "00:35:30", "end": "00:35:34", "text": "bum bum bum round or how you say the the"}, {"start": "00:35:32", "end": "00:35:37", "text": "quick uh what is called the rapid rapid"}, {"start": "00:35:34", "end": "00:35:39", "text": "fire rapid fire bum bum bum round. So"}, {"start": "00:35:37", "end": "00:35:41", "text": "oil is high. Iran again uh back and"}, {"start": "00:35:39", "end": "00:35:43", "text": "forth. We all know it's happening every"}, {"start": "00:35:41", "end": "00:35:45", "text": "day since March. Oil is high. This and"}, {"start": "00:35:43", "end": "00:35:48", "text": "that. Iran some oil tanker. Hormos."}, {"start": "00:35:45", "end": "00:35:50", "text": "Hormos here. Hor hormones there. Trump"}, {"start": "00:35:48", "end": "00:35:53", "text": "says oil and gas prices won't fall right"}, {"start": "00:35:50", "end": "00:35:57", "text": "after until right after bit. [laughter]"}, {"start": "00:35:53", "end": "00:35:57", "text": "What? Wait wait wait wait."}, {"start": "00:35:57", "end": "00:36:04", "text": "Trump says oil and gas prices won't fall"}, {"start": "00:36:00", "end": "00:36:06", "text": "until right after bit. [laughter]"}, {"start": "00:36:04", "end": "00:36:09", "text": "Right after me, all price are going to"}, {"start": "00:36:06", "end": "00:36:09", "text": "be tumbling, [laughter]"}, {"start": "00:36:10", "end": "00:36:13", "text": "[gasps]"}, {"start": "00:36:10", "end": "00:36:16", "text": "man. I love it. Trump, man. But here's a"}, {"start": "00:36:13", "end": "00:36:19", "text": "political animal, man. This political"}, {"start": "00:36:16", "end": "00:36:20", "text": "animal. I love it. I love it. I love it."}, {"start": "00:36:19", "end": "00:36:22", "text": "[snorts]"}, {"start": "00:36:20", "end": "00:36:24", "text": "I love this stuff, man. I I'm taking"}, {"start": "00:36:22", "end": "00:36:25", "text": "notes, guys. If I'm ever president,"}, {"start": "00:36:24", "end": "00:36:27", "text": "we're going to be running this playbook"}, {"start": "00:36:25", "end": "00:36:29", "text": "fully. You're going to get money after"}, {"start": "00:36:27", "end": "00:36:30", "text": "the midterm election. Oil prices,"}, {"start": "00:36:29", "end": "00:36:32", "text": "they're going to go down after the"}, {"start": "00:36:30", "end": "00:36:34", "text": "midterm election. It's so easy, man. I"}, {"start": "00:36:32", "end": "00:36:36", "text": "could have done it also. Fantastic, man."}, {"start": "00:36:34", "end": "00:36:39", "text": "I love it. I love it. This is the best."}, {"start": "00:36:36", "end": "00:36:42", "text": "So, oil price, the global oil market,"}, {"start": "00:36:39", "end": "00:36:44", "text": "he's not going to he's not it's not"}, {"start": "00:36:42", "end": "00:36:45", "text": "going to dump before the midterm. Okay."}, {"start": "00:36:44", "end": "00:36:49", "text": "If we if I get reelected, it's going to"}, {"start": "00:36:45", "end": "00:36:50", "text": "dump. Good. Gold climbs. Gold. Oh, let's"}, {"start": "00:36:49", "end": "00:36:53", "text": "check gold. Actually, gold going up."}, {"start": "00:36:50", "end": "00:36:55", "text": "Very nice. But it has been in in bull"}, {"start": "00:36:53", "end": "00:36:58", "text": "trend for the last weeks, which we"}, {"start": "00:36:55", "end": "00:37:00", "text": "covered very very significantly on this"}, {"start": "00:36:58", "end": "00:37:02", "text": "channel. So, all in all, but it hasn't"}, {"start": "00:37:00", "end": "00:37:04", "text": "climbed since then. It went bull trend"}, {"start": "00:37:02", "end": "00:37:06", "text": "and then so it hasn't climbed. It has"}, {"start": "00:37:04", "end": "00:37:08", "text": "climbed a bit since here but keep an eye"}, {"start": "00:37:06", "end": "00:37:10", "text": "on gold because it is bull trend. It is"}, {"start": "00:37:08", "end": "00:37:12", "text": "bull trend and uh in bull trends we're"}, {"start": "00:37:10", "end": "00:37:16", "text": "bullish. So yeah it has climbed since"}, {"start": "00:37:12", "end": "00:37:19", "text": "this lows at 4.2 but nothing too major."}, {"start": "00:37:16", "end": "00:37:22", "text": "Um yeah a bunch of flips. Good. Then"}, {"start": "00:37:19", "end": "00:37:26", "text": "bessent we discussed uh he wants clarity"}, {"start": "00:37:22", "end": "00:37:28", "text": "act. Senate needs clarity act yada yada."}, {"start": "00:37:26", "end": "00:37:31", "text": "Let's see if it happens. Laptop laptop"}, {"start": "00:37:28", "end": "00:37:34", "text": "laptop laptop. Uh this pal fun custom"}, {"start": "00:37:31", "end": "00:37:35", "text": "fair pairs we discussed oh yeah crypto"}, {"start": "00:37:34", "end": "00:37:37", "text": "gaming no one cares about it but you can"}, {"start": "00:37:35", "end": "00:37:39", "text": "see here there is some you know world of"}, {"start": "00:37:37", "end": "00:37:41", "text": "them but no one cares uh guys I think"}, {"start": "00:37:39", "end": "00:37:42", "text": "that's it I think that's it I think we"}, {"start": "00:37:41", "end": "00:37:44", "text": "covered everything you don't need to"}, {"start": "00:37:42", "end": "00:37:47", "text": "know anything else let me just take a"}, {"start": "00:37:44", "end": "00:37:48", "text": "few of them you know what Iran and his"}, {"start": "00:37:47", "end": "00:37:50", "text": "colleague said let me just open up"}, {"start": "00:37:48", "end": "00:37:52", "text": "quickly here we're going to go through"}, {"start": "00:37:50", "end": "00:37:54", "text": "because they normally say uh smart"}, {"start": "00:37:52", "end": "00:37:56", "text": "things I think the market is going to"}, {"start": "00:37:54", "end": "00:37:59", "text": "bifurcate when did he write this he"}, {"start": "00:37:56", "end": "00:38:01", "text": "wrote it yesterday okay let's read What"}, {"start": "00:37:59", "end": "00:38:04", "text": "the these two guys I have like a special"}, {"start": "00:38:01", "end": "00:38:06", "text": "monitor for what they write because here"}, {"start": "00:38:04", "end": "00:38:08", "text": "your my IQ gets higher when I read this."}, {"start": "00:38:06", "end": "00:38:10", "text": "When I read Hunter Biden laptop my IQ"}, {"start": "00:38:08", "end": "00:38:11", "text": "gets lower. So I want my IQ go up."}, {"start": "00:38:10", "end": "00:38:13", "text": "[laughter]"}, {"start": "00:38:11", "end": "00:38:14", "text": "Let's see what they what they say. I"}, {"start": "00:38:13", "end": "00:38:17", "text": "think the market is going to bifrocate"}, {"start": "00:38:14", "end": "00:38:19", "text": "and even though a lot of people think"}, {"start": "00:38:17", "end": "00:38:20", "text": "Bass has lost I don't think it has."}, {"start": "00:38:19", "end": "00:38:24", "text": "Brian and Vlad are playing to their"}, {"start": "00:38:20", "end": "00:38:25", "text": "strength. Vlad built Robin Hood around"}, {"start": "00:38:24", "end": "00:38:27", "text": "retail."}, {"start": "00:38:25", "end": "00:38:29", "text": "Okay. He understands the dig retail"}, {"start": "00:38:27", "end": "00:38:31", "text": "archetype well. Brian spent years"}, {"start": "00:38:29", "end": "00:38:33", "text": "convincing the world why Bitcoin matters"}, {"start": "00:38:31", "end": "00:38:36", "text": "and how crypto can unlock financial"}, {"start": "00:38:33", "end": "00:38:40", "text": "freedom. He willed crypto to the world"}, {"start": "00:38:36", "end": "00:38:41", "text": "when most were against it. Okay. So he's"}, {"start": "00:38:40", "end": "00:38:43", "text": "also spent years in Silicon Valley"}, {"start": "00:38:41", "end": "00:38:45", "text": "around founders. So catering to startups"}, {"start": "00:38:43", "end": "00:38:47", "text": "via commerce through Shopify, stablecoin"}, {"start": "00:38:45", "end": "00:38:49", "text": "payments and agents. Okay. Yeah, maybe"}, {"start": "00:38:47", "end": "00:38:53", "text": "that's that's what the base is going to"}, {"start": "00:38:49", "end": "00:38:55", "text": "do that is going to be for start man"}, {"start": "00:38:53", "end": "00:38:57", "text": "just build on Salana"}, {"start": "00:38:55", "end": "00:39:00", "text": "payments stable coins is biggest on"}, {"start": "00:38:57", "end": "00:39:02", "text": "Solana okay what does mean I think we're"}, {"start": "00:39:00", "end": "00:39:04", "text": "going to see two massive markets develop"}, {"start": "00:39:02", "end": "00:39:06", "text": "with different users potentially guys"}, {"start": "00:39:04", "end": "00:39:07", "text": "but no startups are building on bass why"}, {"start": "00:39:06", "end": "00:39:11", "text": "would you build on base you can build on"}, {"start": "00:39:07", "end": "00:39:13", "text": "Solana okay it's the same is better more"}, {"start": "00:39:11", "end": "00:39:15", "text": "people have a phantom wallet than they"}, {"start": "00:39:13", "end": "00:39:19", "text": "have configured their L2 to be on uh"}, {"start": "00:39:15", "end": "00:39:21", "text": "base so Yeah, I mean just my BS um uh"}, {"start": "00:39:19", "end": "00:39:22", "text": "radar. Sometimes these guys say smart"}, {"start": "00:39:21", "end": "00:39:24", "text": "things sometimes. I mean I still respect"}, {"start": "00:39:22", "end": "00:39:26", "text": "the opinion. Maybe it's correct. Maybe"}, {"start": "00:39:24", "end": "00:39:27", "text": "it's correct. At the same time, why"}, {"start": "00:39:26", "end": "00:39:30", "text": "would the founders say, \"Oh, no. I only"}, {"start": "00:39:27", "end": "00:39:33", "text": "accept USDC on base"}, {"start": "00:39:30", "end": "00:39:34", "text": "because I like Jesse. I like Brian. Why"}, {"start": "00:39:33", "end": "00:39:36", "text": "would this retard?\" You would say, \"I"}, {"start": "00:39:34", "end": "00:39:38", "text": "accept everything. Here's my salon"}, {"start": "00:39:36", "end": "00:39:39", "text": "address because most most nines are"}, {"start": "00:39:38", "end": "00:39:42", "text": "there. Here's my ETH. Here's my all of"}, {"start": "00:39:39", "end": "00:39:44", "text": "the guys L2s.\" I mean, like we do in"}, {"start": "00:39:42", "end": "00:39:46", "text": "Bull Mania, people want to pay. We give"}, {"start": "00:39:44", "end": "00:39:48", "text": "them here's our ERC20 address like you"}, {"start": "00:39:46", "end": "00:39:51", "text": "know ETH address EVM pay from whatever"}, {"start": "00:39:48", "end": "00:39:53", "text": " you want [laughter] any L2 we're"}, {"start": "00:39:51", "end": "00:39:55", "text": "going to come to your L2 we're going to"}, {"start": "00:39:53", "end": "00:39:58", "text": "just we don't care where you pay you"}, {"start": "00:39:55", "end": "00:40:00", "text": "know sometimes someone pays on base some"}, {"start": "00:39:58", "end": "00:40:02", "text": "someone sometimes pays on bass you know"}, {"start": "00:40:00", "end": "00:40:04", "text": "sometimes uh there was even a guy who"}, {"start": "00:40:02", "end": "00:40:07", "text": "paid on Robin Hood the other day I was"}, {"start": "00:40:04", "end": "00:40:09", "text": "like man okay the first guy uh most"}, {"start": "00:40:07", "end": "00:40:13", "text": "people pay on soul most people pay on"}, {"start": "00:40:09", "end": "00:40:16", "text": "soul or they pay on um native ETH ETH1"}, {"start": "00:40:13", "end": "00:40:17", "text": "ETHL one and soul number one with soul"}, {"start": "00:40:16", "end": "00:40:19", "text": "being number one then ethl one number"}, {"start": "00:40:17", "end": "00:40:21", "text": "two and all of the for guys sell twos"}, {"start": "00:40:19", "end": "00:40:23", "text": "are later on but man I'm happy some some"}, {"start": "00:40:21", "end": "00:40:25", "text": "guys pay on other I even have an other"}, {"start": "00:40:23", "end": "00:40:27", "text": "wallet [snorts] we haven't blew many"}, {"start": "00:40:25", "end": "00:40:28", "text": "other wallet set up we're going to be"}, {"start": "00:40:27", "end": "00:40:30", "text": "where wherever you are wherever you"}, {"start": "00:40:28", "end": "00:40:32", "text": "we're going to go and adopt that"}, {"start": "00:40:30", "end": "00:40:35", "text": "freaking chain for you okay we're going"}, {"start": "00:40:32", "end": "00:40:38", "text": "to do it because we're we're adopters we"}, {"start": "00:40:35", "end": "00:40:40", "text": "are innovators we're everywhere so we"}, {"start": "00:40:38", "end": "00:40:42", "text": "went from falling failing to count"}, {"start": "00:40:40", "end": "00:40:44", "text": "number of ars and strawberry to solving"}, {"start": "00:40:42", "end": "00:40:46", "text": "oh Guys, this one is interesting. This"}, {"start": "00:40:44", "end": "00:40:48", "text": "is about AI. You remember in the early"}, {"start": "00:40:46", "end": "00:40:51", "text": "days of Chad GPT, if you asked it how"}, {"start": "00:40:48", "end": "00:40:53", "text": "many Rs are in Strawberry, it could not"}, {"start": "00:40:51", "end": "00:40:55", "text": "solve it. And now we have Millennium"}, {"start": "00:40:53", "end": "00:40:57", "text": "Price problem solved in under two years."}, {"start": "00:40:55", "end": "00:41:00", "text": "Potentially, potentially it was stolen."}, {"start": "00:40:57", "end": "00:41:03", "text": "It was plagiarized. But uh on a big"}, {"start": "00:41:00", "end": "00:41:04", "text": "level, this statement is true. The"}, {"start": "00:41:03", "end": "00:41:06", "text": "biggest difference between Bitcoin and"}, {"start": "00:41:04", "end": "00:41:07", "text": "Zcash in my opinion is not privacy or"}, {"start": "00:41:06", "end": "00:41:09", "text": "quantum resistance, but the fact that"}, {"start": "00:41:07", "end": "00:41:12", "text": "the latter is capable of changes and the"}, {"start": "00:41:09", "end": "00:41:14", "text": "former is not. And this is a trade-off"}, {"start": "00:41:12", "end": "00:41:16", "text": "rather than a strict superiority."}, {"start": "00:41:14", "end": "00:41:18", "text": "Oification of Bitcoin does not sorry"}, {"start": "00:41:16", "end": "00:41:21", "text": "does offer stronger guarantee of"}, {"start": "00:41:18", "end": "00:41:24", "text": "immutability and fixed supply. Whereas"}, {"start": "00:41:21", "end": "00:41:27", "text": "Zcash can better adapt to to latest"}, {"start": "00:41:24", "end": "00:41:30", "text": "stress. Yeah. Yeah. True. True."}, {"start": "00:41:27", "end": "00:41:32", "text": "Demis Hasabi stepping down to let a"}, {"start": "00:41:30", "end": "00:41:34", "text": "couple of pathological"}, {"start": "00:41:32", "end": "00:41:38", "text": "Yeah. some AI stuff here. You can uh"}, {"start": "00:41:34", "end": "00:41:40", "text": "check more. Introducing new Oh, yeah."}, {"start": "00:41:38", "end": "00:41:41", "text": "It's an ad for their VC stuff. You got a"}, {"start": "00:41:40", "end": "00:41:42", "text": "dream."}, {"start": "00:41:41", "end": "00:41:43", "text": ">> We're not."}, {"start": "00:41:42", "end": "00:41:44", "text": ">> You got to protect it."}, {"start": "00:41:43", "end": "00:41:45", "text": ">> Sorry. Sorry. Sorry. Sorry. Sorry."}, {"start": "00:41:44", "end": "00:41:48", "text": "Sorry. Yes. Sorry."}, {"start": "00:41:45", "end": "00:41:51", "text": "Sorry. Sorry. Headphone users, are you"}, {"start": "00:41:48", "end": "00:41:53", "text": "with us?"}, {"start": "00:41:51", "end": "00:41:56", "text": "Headphone users?"}, {"start": "00:41:53", "end": "00:41:56", "text": "Are you with us?"}, {"start": "00:41:56", "end": "00:42:00", "text": "Check. Check. Oh, yes. Let's go to Q&A."}, {"start": "00:41:59", "end": "00:42:02", "text": "We have We have Yeah, we can do 10"}, {"start": "00:42:00", "end": "00:42:04", "text": "minutes Q&A. Easy. And big shout out to"}, {"start": "00:42:02", "end": "00:42:06", "text": "Dab. Always always big shout out to"}, {"start": "00:42:04", "end": "00:42:09", "text": "Sorry to Guzman today. Today is Guzman."}, {"start": "00:42:06", "end": "00:42:11", "text": "Guzman Guzman. and go to bull media"}, {"start": "00:42:09", "end": "00:42:13", "text": "newsletter. Second link in description."}, {"start": "00:42:11", "end": "00:42:16", "text": "First link in description is for all of"}, {"start": "00:42:13", "end": "00:42:18", "text": "you guys who are high ticket mfers. You"}, {"start": "00:42:16", "end": "00:42:19", "text": "know what it is? Uh you go here to the"}, {"start": "00:42:18", "end": "00:42:20", "text": "first link. If you don't know what it"}, {"start": "00:42:19", "end": "00:42:23", "text": "is, don't even go there. Don't even go"}, {"start": "00:42:20", "end": "00:42:26", "text": "there. If you listen, this is a very we"}, {"start": "00:42:23", "end": "00:42:27", "text": "don't accept anyone just because they"}, {"start": "00:42:26", "end": "00:42:29", "text": "like watched the channel for a long"}, {"start": "00:42:27", "end": "00:42:31", "text": "time. And I I love everyone who watches"}, {"start": "00:42:29", "end": "00:42:32", "text": "the channel. We appreciate. But for job,"}, {"start": "00:42:31", "end": "00:42:34", "text": "you know, some people like I Ivan, I"}, {"start": "00:42:32", "end": "00:42:36", "text": "watch you a long time. It's fantastic."}, {"start": "00:42:34", "end": "00:42:38", "text": "that we need real professionals here who"}, {"start": "00:42:36", "end": "00:42:40", "text": "have a lot of experience and basically"}, {"start": "00:42:38", "end": "00:42:43", "text": "experience matters. Okay, experience"}, {"start": "00:42:40", "end": "00:42:45", "text": "matters. Uh in the past uh you know we"}, {"start": "00:42:43", "end": "00:42:47", "text": "we have made sometimes mistakes in the"}, {"start": "00:42:45", "end": "00:42:49", "text": "past because we hire someone because you"}, {"start": "00:42:47", "end": "00:42:50", "text": "know they they love the channel and it's"}, {"start": "00:42:49", "end": "00:42:52", "text": "good it's good but it's just you know"}, {"start": "00:42:50", "end": "00:42:54", "text": "the result is normally not as strong at"}, {"start": "00:42:52", "end": "00:42:55", "text": "the end of the day. It needs to be"}, {"start": "00:42:54", "end": "00:42:57", "text": "professionals always always"}, {"start": "00:42:55", "end": "00:42:58", "text": "professionals always always massive"}, {"start": "00:42:57", "end": "00:43:02", "text": "tracker it's very very important. So for"}, {"start": "00:42:58", "end": "00:43:04", "text": "this position that's important. Uh but"}, {"start": "00:43:02", "end": "00:43:05", "text": "again I appreciate when people say Ivan"}, {"start": "00:43:04", "end": "00:43:06", "text": "I want to apply for a job because I"}, {"start": "00:43:05", "end": "00:43:08", "text": "watched so long. I appreciate I"}, {"start": "00:43:06", "end": "00:43:09", "text": "appreciate I mean it's fantastic. It's"}, {"start": "00:43:08", "end": "00:43:11", "text": "fantastic but we cannot hire based on"}, {"start": "00:43:09", "end": "00:43:13", "text": "that. We cannot hire based on that. We"}, {"start": "00:43:11", "end": "00:43:15", "text": "can have kumbaya based on that. We can"}, {"start": "00:43:13", "end": "00:43:17", "text": "have like maybe a meetup based on that."}, {"start": "00:43:15", "end": "00:43:19", "text": "We can have you you guys here in the"}, {"start": "00:43:17", "end": "00:43:21", "text": "comment section and we're hanging out"}, {"start": "00:43:19", "end": "00:43:23", "text": "based on that. We can have based on"}, {"start": "00:43:21", "end": "00:43:24", "text": "that. But uh for hiring we cannot have"}, {"start": "00:43:23", "end": "00:43:26", "text": "based on that. We cannot have based on"}, {"start": "00:43:24", "end": "00:43:28", "text": "based on that. At least not for not not"}, {"start": "00:43:26", "end": "00:43:29", "text": "for this role. There are some roles"}, {"start": "00:43:28", "end": "00:43:31", "text": "where this will work like you know"}, {"start": "00:43:29", "end": "00:43:33", "text": "support agent then then then it may work"}, {"start": "00:43:31", "end": "00:43:35", "text": "then it may work but for this level it"}, {"start": "00:43:33", "end": "00:43:37", "text": "doesn't work guys let's go to Q&A"}, {"start": "00:43:35", "end": "00:43:40", "text": "questions answers debates discussions"}, {"start": "00:43:37", "end": "00:43:45", "text": "big big shout out to everyone smash up"}, {"start": "00:43:40", "end": "00:43:45", "text": "the like and let's go"}, {"start": "00:43:45", "end": "00:43:50", "text": "Ivan if Kevin increases the rates is"}, {"start": "00:43:47", "end": "00:43:53", "text": "this going to be to penalize the US"}, {"start": "00:43:50", "end": "00:43:56", "text": "treasuries uh money getting expensive so"}, {"start": "00:43:53", "end": "00:43:58", "text": "the yield gets higher uh yeah I mean"}, {"start": "00:43:56", "end": "00:44:00", "text": "interesting question I think it could go"}, {"start": "00:43:58", "end": "00:44:02", "text": "both ways. It's it's a bit hard to see."}, {"start": "00:44:00", "end": "00:44:03", "text": "This is why I'm humble enough to say"}, {"start": "00:44:02", "end": "00:44:05", "text": "that it's too complex to model. And by"}, {"start": "00:44:03", "end": "00:44:06", "text": "the way, no one knows. No one knows. No,"}, {"start": "00:44:05", "end": "00:44:08", "text": "no one knows what's going to happen. We"}, {"start": "00:44:06", "end": "00:44:10", "text": "can just guess. But it's a bit too"}, {"start": "00:44:08", "end": "00:44:12", "text": "complex to model. So that's why we don't"}, {"start": "00:44:10", "end": "00:44:15", "text": "trade based on it. But here is uh here"}, {"start": "00:44:12", "end": "00:44:18", "text": "are the scenarios. There is an argument"}, {"start": "00:44:15", "end": "00:44:21", "text": "to be made that the world like the the"}, {"start": "00:44:18", "end": "00:44:25", "text": "financial world is gonna reward is going"}, {"start": "00:44:21", "end": "00:44:29", "text": "to reward us for raising rates because"}, {"start": "00:44:25", "end": "00:44:31", "text": "they are fighting inflation. So the"}, {"start": "00:44:29", "end": "00:44:34", "text": "world the financial world who buys US"}, {"start": "00:44:31", "end": "00:44:36", "text": "treasuries may see that huh he is"}, {"start": "00:44:34", "end": "00:44:38", "text": "actually serious. He's actually"}, {"start": "00:44:36", "end": "00:44:39", "text": "responsible. He wants to fight"}, {"start": "00:44:38", "end": "00:44:41", "text": "inflation. They're not just printing"}, {"start": "00:44:39", "end": "00:44:44", "text": "money and giving to everyone and you"}, {"start": "00:44:41", "end": "00:44:46", "text": "know easing and making money cheap here."}, {"start": "00:44:44", "end": "00:44:48", "text": "They are actually responsible. They they"}, {"start": "00:44:46", "end": "00:44:51", "text": "have a stance against Trump, against the"}, {"start": "00:44:48", "end": "00:44:54", "text": "politics, against the administration and"}, {"start": "00:44:51", "end": "00:44:59", "text": "they do the responsible thing uh which"}, {"start": "00:44:54", "end": "00:45:02", "text": "may increase the trust in US bonds um"}, {"start": "00:44:59", "end": "00:45:05", "text": "100%. It may increase the trust in US"}, {"start": "00:45:02", "end": "00:45:07", "text": "bonds at the same time it may hurt"}, {"start": "00:45:05", "end": "00:45:10", "text": "growth. At the same time, it may have"}, {"start": "00:45:07", "end": "00:45:13", "text": "negative consequences for business. Uh,"}, {"start": "00:45:10", "end": "00:45:15", "text": "which is bad for the economy and that"}, {"start": "00:45:13", "end": "00:45:18", "text": "may also not be that great for for bonds"}, {"start": "00:45:15", "end": "00:45:22", "text": "long term. But I mean, if I look at it,"}, {"start": "00:45:18", "end": "00:45:24", "text": "if they increase a bit, uh,"}, {"start": "00:45:22", "end": "00:45:25", "text": "the story makes perfect sense. The story"}, {"start": "00:45:24", "end": "00:45:27", "text": "makes perfect sense. But, uh,"}, {"start": "00:45:25", "end": "00:45:29", "text": "politically it's very bad. For Trump,"}, {"start": "00:45:27", "end": "00:45:32", "text": "it's very bad. [laughter]"}, {"start": "00:45:29", "end": "00:45:35", "text": "Trump needs the midterms. I mean, for"}, {"start": "00:45:32", "end": "00:45:37", "text": "Trump, it's very bad. But uh uh to"}, {"start": "00:45:35", "end": "00:45:42", "text": "increase and to be responsible and to I"}, {"start": "00:45:37", "end": "00:45:44", "text": "think the the the overall bond market"}, {"start": "00:45:42", "end": "00:45:46", "text": "uh probably will like it. Uh that that's"}, {"start": "00:45:44", "end": "00:45:49", "text": "my guess that they will probably like"}, {"start": "00:45:46", "end": "00:45:51", "text": "that the the Treasury sorry the Fed"}, {"start": "00:45:49", "end": "00:45:53", "text": "chair is responsible that the Fed is"}, {"start": "00:45:51", "end": "00:45:54", "text": "responsible. So yeah it's it's a"}, {"start": "00:45:53", "end": "00:45:56", "text": "balance. It's a balance but to model it"}, {"start": "00:45:54", "end": "00:45:59", "text": "out exactly how it's going to be who the"}, {"start": "00:45:56", "end": "00:46:01", "text": "hell knows. Who knows? It's uh overall I"}, {"start": "00:45:59", "end": "00:46:03", "text": "think that if they increase I don't"}, {"start": "00:46:01", "end": "00:46:05", "text": "think it will have a big impact on uh uh"}, {"start": "00:46:03", "end": "00:46:07", "text": "on crypto guys. I don't think so because"}, {"start": "00:46:05", "end": "00:46:10", "text": "we already down for a year. Okay. So"}, {"start": "00:46:07", "end": "00:46:13", "text": "they increase so so what we already had"}, {"start": "00:46:10", "end": "00:46:16", "text": "bare market. Uh if they increase a bit"}, {"start": "00:46:13", "end": "00:46:17", "text": "okay um I don't think it matters"}, {"start": "00:46:16", "end": "00:46:19", "text": "[snorts]"}, {"start": "00:46:17", "end": "00:46:21", "text": "for crypto where we are now in crypto. I"}, {"start": "00:46:19", "end": "00:46:24", "text": "don't think it matters. Uh we're now in"}, {"start": "00:46:21", "end": "00:46:26", "text": "a a situation where bad news don't dump"}, {"start": "00:46:24", "end": "00:46:28", "text": "us because we dumped already so much and"}, {"start": "00:46:26", "end": "00:46:35", "text": "good news will pump us and it was vice"}, {"start": "00:46:28", "end": "00:46:38", "text": "versa in the in the last uh uh in Q4. In"}, {"start": "00:46:35", "end": "00:46:40", "text": "Q4 let's actually see what happened"}, {"start": "00:46:38", "end": "00:46:42", "text": "here."}, {"start": "00:46:40", "end": "00:46:44", "text": "Oh guys, this is very interesting."}, {"start": "00:46:42", "end": "00:46:47", "text": "I hope we have the correct data here"}, {"start": "00:46:44", "end": "00:46:52", "text": "because check check this check this"}, {"start": "00:46:47", "end": "00:46:54", "text": "check this. Uh this is"}, {"start": "00:46:52", "end": "00:46:55", "text": "guys I I hope we have the correct data"}, {"start": "00:46:54", "end": "00:46:57", "text": "potentially. Well, I'll have to double"}, {"start": "00:46:55", "end": "00:46:59", "text": "check this, but you see in the money"}, {"start": "00:46:57", "end": "00:47:02", "text": "line, we actually have this interest"}, {"start": "00:46:59", "end": "00:47:05", "text": "rate data. And you see when Bitcoin"}, {"start": "00:47:02", "end": "00:47:08", "text": "entered bull trend in 2023, they"}, {"start": "00:47:05", "end": "00:47:11", "text": "actually increase the rates. They had"}, {"start": "00:47:08", "end": "00:47:13", "text": "like one, two, three, four."}, {"start": "00:47:11", "end": "00:47:15", "text": "Let me quickly double check this because"}, {"start": "00:47:13", "end": "00:47:16", "text": "it was a while ago I checked it and you"}, {"start": "00:47:15", "end": "00:47:18", "text": "know with software sometimes you don't"}, {"start": "00:47:16", "end": "00:47:20", "text": "check the software it like becomes"}, {"start": "00:47:18", "end": "00:47:23", "text": "buggy. This this this labels it was long"}, {"start": "00:47:20", "end": "00:47:26", "text": "time ago I checked it."}, {"start": "00:47:23", "end": "00:47:31", "text": "Uh here let me just quickly double check"}, {"start": "00:47:26", "end": "00:47:37", "text": "if this is correct still. Uh are these"}, {"start": "00:47:31", "end": "00:47:43", "text": "uh interest rate labels correct?"}, {"start": "00:47:37", "end": "00:47:46", "text": "C dates on the x-axis."}, {"start": "00:47:43", "end": "00:47:49", "text": "Let me just double check. You see at the"}, {"start": "00:47:46", "end": "00:47:52", "text": "end of the bear it doesn't really matter"}, {"start": "00:47:49", "end": "00:47:54", "text": "what they do doesn't really matter."}, {"start": "00:47:52", "end": "00:47:58", "text": "We already had the bear. We already had"}, {"start": "00:47:54", "end": "00:48:00", "text": "the bear. So when they when we go bull"}, {"start": "00:47:58", "end": "00:48:02", "text": "is bullish even if they increase a bit."}, {"start": "00:48:00", "end": "00:48:06", "text": "Okay. So yeah I I will check the here"}, {"start": "00:48:02", "end": "00:48:06", "text": "with cloud. One second."}, {"start": "00:48:22", "end": "00:48:25", "text": "I what do you think about Tao? You are"}, {"start": "00:48:23", "end": "00:48:28", "text": "computer scientist. So I want your"}, {"start": "00:48:25", "end": "00:48:30", "text": "technical insight. Don't worry about the"}, {"start": "00:48:28", "end": "00:48:31", "text": "technical insight. You need to worry"}, {"start": "00:48:30", "end": "00:48:35", "text": "about the outcome. You need to worry"}, {"start": "00:48:31", "end": "00:48:37", "text": "about the outcome with uh the uh with"}, {"start": "00:48:35", "end": "00:48:40", "text": "the usage and adoption. Let's actually"}, {"start": "00:48:37", "end": "00:48:42", "text": "check bullmania AI about that because"}, {"start": "00:48:40", "end": "00:48:44", "text": "at the end of the day we can discuss"}, {"start": "00:48:42", "end": "00:48:47", "text": "technicals for for a very long time but"}, {"start": "00:48:44", "end": "00:48:52", "text": "who is actually running models"}, {"start": "00:48:47", "end": "00:48:53", "text": "on toao who is using toao uh models"}, {"start": "00:48:52", "end": "00:48:56", "text": "running"}, {"start": "00:48:53", "end": "00:49:00", "text": "inference"}, {"start": "00:48:56", "end": "00:49:00", "text": "happening let me double check"}, {"start": "00:49:08", "end": "00:49:14", "text": "Ah yeah. So by the way this interest"}, {"start": "00:49:10", "end": "00:49:18", "text": "rate stuff is correct is correct."}, {"start": "00:49:14", "end": "00:49:22", "text": "So you see it went bull trend and and uh"}, {"start": "00:49:18", "end": "00:49:22", "text": "they increased in"}, {"start": "00:49:33", "end": "00:49:37", "text": "I mean will you buy the iPhone foldable"}, {"start": "00:49:35", "end": "00:49:40", "text": "phone for 2K? I was actually checking"}, {"start": "00:49:37", "end": "00:49:42", "text": "that. I I don't know guys. Um, I mean,"}, {"start": "00:49:40", "end": "00:49:44", "text": "one of the use cases for the iPhone is"}, {"start": "00:49:42", "end": "00:49:46", "text": "taking pictures. That one has worse"}, {"start": "00:49:44", "end": "00:49:48", "text": "camera."}, {"start": "00:49:46", "end": "00:49:50", "text": "Uh,"}, {"start": "00:49:48", "end": "00:49:51", "text": "uh, yeah, I'm still I'm still I'm still"}, {"start": "00:49:50", "end": "00:49:53", "text": "trying to figure out if I want that"}, {"start": "00:49:51", "end": "00:49:55", "text": "foldable. Also, I mean, to me, the"}, {"start": "00:49:53", "end": "00:49:56", "text": "foldable it looks ghetto. Maybe it is"}, {"start": "00:49:55", "end": "00:49:57", "text": "good. Maybe it is good. But whenever I"}, {"start": "00:49:56", "end": "00:49:59", "text": "see someone, you know, with this"}, {"start": "00:49:57", "end": "00:50:03", "text": "foldable stuff, you know, some Samsung"}, {"start": "00:49:59", "end": "00:50:08", "text": "stuff, I don't like it. I don't like it."}, {"start": "00:50:03", "end": "00:50:11", "text": "And uh yeah it's uh it is interesting"}, {"start": "00:50:08", "end": "00:50:12", "text": "with uh it's no hypo people love this"}, {"start": "00:50:11", "end": "00:50:15", "text": "foldable I mean it see it seems to be"}, {"start": "00:50:12", "end": "00:50:18", "text": "that the reception is very good but for"}, {"start": "00:50:15", "end": "00:50:20", "text": "me this foldable I don't know may I I'll"}, {"start": "00:50:18", "end": "00:50:22", "text": "check it I'll check it how it looks in"}, {"start": "00:50:20", "end": "00:50:25", "text": "in person but you know it's foldable so"}, {"start": "00:50:22", "end": "00:50:30", "text": "it has like a it has a valley in the"}, {"start": "00:50:25", "end": "00:50:33", "text": "middle so yeah let's let's see"}, {"start": "00:50:30", "end": "00:50:37", "text": "for now I don't want to buy it"}, {"start": "00:50:33", "end": "00:50:39", "text": "I don't want to buy now. But if it's I"}, {"start": "00:50:37", "end": "00:50:42", "text": "mean I'm I'm thinking maybe it is nice"}, {"start": "00:50:39", "end": "00:50:44", "text": "for uh"}, {"start": "00:50:42", "end": "00:50:46", "text": "for example I I hate writing on the"}, {"start": "00:50:44", "end": "00:50:49", "text": "phone. I hate writing on on iPhone. I"}, {"start": "00:50:46", "end": "00:50:52", "text": "hate like I hate typing. I hate typing."}, {"start": "00:50:49", "end": "00:50:54", "text": "I hate typing on phone. Uh maybe if it's"}, {"start": "00:50:52", "end": "00:50:57", "text": "bigger"}, {"start": "00:50:54", "end": "00:51:00", "text": "and I can use the pen maybe it's good. I"}, {"start": "00:50:57", "end": "00:51:00", "text": "don't know."}, {"start": "00:51:07", "end": "00:51:11", "text": "What are your opinions about injective"}, {"start": "00:51:09", "end": "00:51:12", "text": "for me? Chart looks pretty bullish. Made"}, {"start": "00:51:11", "end": "00:51:15", "text": "more than 10x with last cycle. Yeah,"}, {"start": "00:51:12", "end": "00:51:17", "text": "let's check injective. Let's let me also"}, {"start": "00:51:15", "end": "00:51:19", "text": "see where the"}, {"start": "00:51:17", "end": "00:51:21", "text": "where the tow guy is. Oh yeah, here he"}, {"start": "00:51:19", "end": "00:51:22", "text": "is. So, uh let me check injective in a"}, {"start": "00:51:21", "end": "00:51:24", "text": "moment."}, {"start": "00:51:22", "end": "00:51:27", "text": "Let me just get back to the style"}, {"start": "00:51:24", "end": "00:51:31", "text": "adoption"}, {"start": "00:51:27", "end": "00:51:33", "text": "because when it when it comes to uh all"}, {"start": "00:51:31", "end": "00:51:36", "text": "AI like now the biggest question is is"}, {"start": "00:51:33", "end": "00:51:37", "text": "there any inference running you know in"}, {"start": "00:51:36", "end": "00:51:39", "text": "the past"}, {"start": "00:51:37", "end": "00:51:41", "text": "uh let me give you a bit of history"}, {"start": "00:51:39", "end": "00:51:43", "text": "about AI uh AI space and like crypto and"}, {"start": "00:51:41", "end": "00:51:46", "text": "AI and what we've been doing in crypto"}, {"start": "00:51:43", "end": "00:51:47", "text": "and AI. So in the past there were some"}, {"start": "00:51:46", "end": "00:51:50", "text": "projects who tried to do like you know"}, {"start": "00:51:47", "end": "00:51:52", "text": "decentralized network for training we"}, {"start": "00:51:50", "end": "00:51:54", "text": "share training data yada yada that is"}, {"start": "00:51:52", "end": "00:51:56", "text": "that use case is basically dead now"}, {"start": "00:51:54", "end": "00:51:58", "text": "because you have now open source models"}, {"start": "00:51:56", "end": "00:52:01", "text": "that are so good some of them are from"}, {"start": "00:51:58", "end": "00:52:03", "text": "China for you to have a decentralized"}, {"start": "00:52:01", "end": "00:52:05", "text": "network that trains a model and has"}, {"start": "00:52:03", "end": "00:52:08", "text": "training data that is better than what's"}, {"start": "00:52:05", "end": "00:52:11", "text": "coming out there it's forget it now the"}, {"start": "00:52:08", "end": "00:52:13", "text": "use case is that all of these models are"}, {"start": "00:52:11", "end": "00:52:16", "text": "there open source models are there how"}, {"start": "00:52:13", "end": "00:52:18", "text": "the hell we run the open source models?"}, {"start": "00:52:16", "end": "00:52:21", "text": "How the hell we run the open source"}, {"start": "00:52:18", "end": "00:52:23", "text": "models so that uh they're available and"}, {"start": "00:52:21", "end": "00:52:26", "text": "because a lot of them require a lot of"}, {"start": "00:52:23", "end": "00:52:29", "text": "hardware big GPU GPU is expensive. So"}, {"start": "00:52:26", "end": "00:52:31", "text": "let's see what to doing. Short answer"}, {"start": "00:52:29", "end": "00:52:33", "text": "specialized work is running across the"}, {"start": "00:52:31", "end": "00:52:34", "text": "subnets. The honest caveat from the"}, {"start": "00:52:33", "end": "00:52:37", "text": "community is that bit tensor is still"}, {"start": "00:52:34", "end": "00:52:40", "text": "stronger at internal competition and"}, {"start": "00:52:37", "end": "00:52:42", "text": "okay"}, {"start": "00:52:40", "end": "00:52:43", "text": "so what is this? They're stronger at"}, {"start": "00:52:42", "end": "00:52:45", "text": "winning internal competition. What does"}, {"start": "00:52:43", "end": "00:52:48", "text": "this mean"}, {"start": "00:52:45", "end": "00:52:51", "text": "than broader crypto inference?"}, {"start": "00:52:48", "end": "00:52:52", "text": "See, Venice, they have a maybe what it"}, {"start": "00:52:51", "end": "00:52:53", "text": "means is that they're still like trying"}, {"start": "00:52:52", "end": "00:52:56", "text": "to figure stuff out. You know, what"}, {"start": "00:52:53", "end": "00:53:00", "text": "they're going to be used for exactly"}, {"start": "00:52:56", "end": "00:53:01", "text": "here. Here, uh, with Venice, they do"}, {"start": "00:53:00", "end": "00:53:03", "text": "inference. Inference means that they run"}, {"start": "00:53:01", "end": "00:53:05", "text": "the model and you can use the model."}, {"start": "00:53:03", "end": "00:53:07", "text": "They run open source model. I I actually"}, {"start": "00:53:05", "end": "00:53:11", "text": "I hate the word inference because it's"}, {"start": "00:53:07", "end": "00:53:13", "text": "the c is the is the geek name for"}, {"start": "00:53:11", "end": "00:53:14", "text": "something that's very simple just"}, {"start": "00:53:13", "end": "00:53:16", "text": "running the model. Oh no, we're doing"}, {"start": "00:53:14", "end": "00:53:18", "text": "inference. Man, you're hosting an API"}, {"start": "00:53:16", "end": "00:53:20", "text": "for the model. Okay, I don't like the"}, {"start": "00:53:18", "end": "00:53:23", "text": "word inference. It sounds too complex"}, {"start": "00:53:20", "end": "00:53:26", "text": "for what it is. Inference means that you"}, {"start": "00:53:23", "end": "00:53:28", "text": "just run the effing model. Nothing more."}, {"start": "00:53:26", "end": "00:53:31", "text": "You don't do anything else. You run"}, {"start": "00:53:28", "end": "00:53:33", "text": "model and you have API where people can"}, {"start": "00:53:31", "end": "00:53:35", "text": "chat with model. That's it. That's it."}, {"start": "00:53:33", "end": "00:53:37", "text": "That's it. So Venice is doing that."}, {"start": "00:53:35", "end": "00:53:40", "text": "Venice is just hosting the models and"}, {"start": "00:53:37", "end": "00:53:42", "text": "it's like this decentralized yada yada."}, {"start": "00:53:40", "end": "00:53:44", "text": "Bit tensor what the hell do they even"}, {"start": "00:53:42", "end": "00:53:47", "text": "do? Bit tensor is is not giant clone."}, {"start": "00:53:44", "end": "00:53:50", "text": "It's marketplace subnets. Okay. Miners"}, {"start": "00:53:47", "end": "00:53:51", "text": "contribute. So is it used because it"}, {"start": "00:53:50", "end": "00:53:53", "text": "should be used like like there's no"}, {"start": "00:53:51", "end": "00:53:56", "text": "tomorrow."}, {"start": "00:53:53", "end": "00:53:57", "text": "There's subnet YC for a maybe they over"}, {"start": "00:53:56", "end": "00:53:59", "text": "complicate too much that's why they"}, {"start": "00:53:57", "end": "00:54:03", "text": "don't pump. They over complicate you"}, {"start": "00:53:59", "end": "00:54:05", "text": "know LM compression in production. Okay."}, {"start": "00:54:03", "end": "00:54:07", "text": "So listen it is interesting maybe they"}, {"start": "00:54:05", "end": "00:54:09", "text": "find something but clearly they haven't"}, {"start": "00:54:07", "end": "00:54:11", "text": "really found this you know perfect"}, {"start": "00:54:09", "end": "00:54:13", "text": "product market fit which uh everyone"}, {"start": "00:54:11", "end": "00:54:17", "text": "understands and it just moves builders"}, {"start": "00:54:13", "end": "00:54:17", "text": "run specialized markets okay"}, {"start": "00:54:19", "end": "00:54:22", "text": "why why so complex man why so complex"}, {"start": "00:54:21", "end": "00:54:24", "text": "just do like variance run the open"}, {"start": "00:54:22", "end": "00:54:27", "text": "source models there are open source"}, {"start": "00:54:24", "end": "00:54:29", "text": "models for all of this all of this you"}, {"start": "00:54:27", "end": "00:54:30", "text": "have open source models all of this 3D"}, {"start": "00:54:29", "end": "00:54:33", "text": "there are open source models that can do"}, {"start": "00:54:30", "end": "00:54:34", "text": "it and you will never like this, you"}, {"start": "00:54:33", "end": "00:54:36", "text": "know, build this trans how they going to"}, {"start": "00:54:34", "end": "00:54:37", "text": "compete with everything open source"}, {"start": "00:54:36", "end": "00:54:39", "text": "coming out. How they going to compete"}, {"start": "00:54:37", "end": "00:54:39", "text": "with ch for with Chinese models? How"}, {"start": "00:54:39", "end": "00:54:43", "text": "they going to compete? They cannot"}, {"start": "00:54:39", "end": "00:54:45", "text": "compete. So anyway, uh some um some"}, {"start": "00:54:43", "end": "00:54:46", "text": "thoughts there, but all in all, just"}, {"start": "00:54:45", "end": "00:54:48", "text": "look at the freaking price. If it"}, {"start": "00:54:46", "end": "00:54:50", "text": "explodes, good. If it explodes, good."}, {"start": "00:54:48", "end": "00:54:53", "text": "But I think they're just they're not"}, {"start": "00:54:50", "end": "00:54:55", "text": "really kind of like Hunter Biden with"}, {"start": "00:54:53", "end": "00:54:57", "text": "his laptop. Not really in tune with the"}, {"start": "00:54:55", "end": "00:54:59", "text": "market here. They're also not really"}, {"start": "00:54:57", "end": "00:55:00", "text": "like perfectly in tune with what's"}, {"start": "00:54:59", "end": "00:55:03", "text": "needed. What's needed now is freaking"}, {"start": "00:55:00", "end": "00:55:06", "text": "inference. it is that I can go to uh"}, {"start": "00:55:03", "end": "00:55:10", "text": "hugging face here and I'm just telling"}, {"start": "00:55:06", "end": "00:55:12", "text": "you that as you know AI user and all of"}, {"start": "00:55:10", "end": "00:55:14", "text": "these models let's have crypto networks"}, {"start": "00:55:12", "end": "00:55:16", "text": "that run all of them like some of them"}, {"start": "00:55:14", "end": "00:55:18", "text": "are very uh uh hardware require have"}, {"start": "00:55:16", "end": "00:55:20", "text": "very high like this quen for example"}, {"start": "00:55:18", "end": "00:55:23", "text": "this Chinese I can tell you one thing"}, {"start": "00:55:20", "end": "00:55:25", "text": "this Chinese quen it can do everything"}, {"start": "00:55:23", "end": "00:55:27", "text": "this subnets do in Tao a million times"}, {"start": "00:55:25", "end": "00:55:30", "text": "better I can always make that bet this"}, {"start": "00:55:27", "end": "00:55:33", "text": "quen thing will eat all of this uh"}, {"start": "00:55:30", "end": "00:55:34", "text": "specialized market subnets for dinner,"}, {"start": "00:55:33", "end": "00:55:37", "text": "okay, and will not even notice. Okay,"}, {"start": "00:55:34", "end": "00:55:40", "text": "this quen but this quen thing requires"}, {"start": "00:55:37", "end": "00:55:42", "text": "insane uh hardware to run and so what"}, {"start": "00:55:40", "end": "00:55:45", "text": "crypto should do is to just run this in"}, {"start": "00:55:42", "end": "00:55:47", "text": "some decentralized way where it's yeah"}, {"start": "00:55:45", "end": "00:55:49", "text": "it's available it's uh some network runs"}, {"start": "00:55:47", "end": "00:55:51", "text": "it coins are used for compens"}, {"start": "00:55:49", "end": "00:55:55", "text": "compensating people that run it and we"}, {"start": "00:55:51", "end": "00:55:56", "text": "can all use this in an easy way okay"}, {"start": "00:55:55", "end": "00:55:58", "text": "that that's how I see the AI market"}, {"start": "00:55:56", "end": "00:56:01", "text": "right now"}, {"start": "00:55:58", "end": "00:56:03", "text": "uh yeah that's that and then another guy"}, {"start": "00:56:01", "end": "00:56:05", "text": "asked about injective let's let's see"}, {"start": "00:56:03", "end": "00:56:05", "text": "injective"}, {"start": "00:56:09", "end": "00:56:13", "text": "injective."}, {"start": "00:56:11", "end": "00:56:17", "text": "Yeah, not not bad actually. Quite okay."}, {"start": "00:56:13", "end": "00:56:20", "text": "Quite okay. Uh it's above the bull flip."}, {"start": "00:56:17", "end": "00:56:23", "text": "It It looks okay. It looks okay."}, {"start": "00:56:20", "end": "00:56:25", "text": "Especially if you can get above this."}, {"start": "00:56:23", "end": "00:56:29", "text": "Very nice. Looks good. After a massive"}, {"start": "00:56:25", "end": "00:56:31", "text": "dump is a new bull trend. It has come"}, {"start": "00:56:29", "end": "00:56:35", "text": "down a bit, but now coming back above it"}, {"start": "00:56:31", "end": "00:56:37", "text": "likely continue higher. Good. So, I"}, {"start": "00:56:35", "end": "00:56:39", "text": "think it looked bullish. I think it"}, {"start": "00:56:37", "end": "00:56:41", "text": "looks bullish. Guys, that's it. Thank"}, {"start": "00:56:39", "end": "00:56:44", "text": "you very much for being here. We are"}, {"start": "00:56:41", "end": "00:56:47", "text": "almost at 1 hour 56 minutes. Number one,"}, {"start": "00:56:44", "end": "00:56:49", "text": "go to the second link in description for"}, {"start": "00:56:47", "end": "00:56:52", "text": "newsletter. Very, very important. If you"}, {"start": "00:56:49", "end": "00:56:54", "text": "are a high ticket closer, go to the"}, {"start": "00:56:52", "end": "00:56:56", "text": "first link in description. Very"}, {"start": "00:56:54", "end": "00:56:58", "text": "important. If you don't know what high"}, {"start": "00:56:56", "end": "00:57:00", "text": "ticket closer is, if you are a normal"}, {"start": "00:56:58", "end": "00:57:01", "text": "sales guy selling HVAC, don't don't"}, {"start": "00:57:00", "end": "00:57:04", "text": "click there. Don't click there. It's"}, {"start": "00:57:01", "end": "00:57:06", "text": "not. This is especially especially for"}, {"start": "00:57:04", "end": "00:57:08", "text": "people who are high ticket closer. Okay?"}, {"start": "00:57:06", "end": "00:57:10", "text": "If you sell roofing, don't click. If you"}, {"start": "00:57:08", "end": "00:57:13", "text": "sell anything else, don't click. Don't"}, {"start": "00:57:10", "end": "00:57:15", "text": "click. Uh this is this is not like a"}, {"start": "00:57:13", "end": "00:57:17", "text": "normal sales. It's not normal sales."}, {"start": "00:57:15", "end": "00:57:19", "text": "This is people who know. If you know"}, {"start": "00:57:17", "end": "00:57:21", "text": "Cole Gordon, apply if you don't know"}, {"start": "00:57:19", "end": "00:57:23", "text": "Cole Gordon, don't apply. Don't apply."}, {"start": "00:57:21", "end": "00:57:25", "text": "For example, for example, guys,"}, {"start": "00:57:23", "end": "00:57:27", "text": "fantastic. We're Thursday. Thursday is"}, {"start": "00:57:25", "end": "00:57:32", "text": "ending. Big shout out to Guzman. Smash"}, {"start": "00:57:27", "end": "00:57:33", "text": "up the like. Subscribe. See you all very"}, {"start": "00:57:32", "end": "00:57:35", "text": "very very soon. We're going to be back"}, {"start": "00:57:33", "end": "00:57:37", "text": "tomorrow. Exactly. Back tomorrow. Enjoy"}, {"start": "00:57:35", "end": "00:57:39", "text": "your Thursday"}, {"start": "00:57:37", "end": "00:57:43", "text": "and goodbye guys. Goodbye. Goodbye."}, {"start": "00:57:39", "end": "00:57:43", "text": "Goodbye. See you. See zoo."}]

[{"start": "00:00:03", "end": "00:00:07", "text": "Oh yes, oh yes, yes, yes. Guys, welcome"}, {"start": "00:00:05", "end": "00:00:10", "text": "to another episode. And as you can see"}, {"start": "00:00:07", "end": "00:00:12", "text": "right now, we do have major major major"}, {"start": "00:00:10", "end": "00:00:15", "text": "news. You could say we even have"}, {"start": "00:00:12", "end": "00:00:19", "text": "generational news. Bitcoin is bullish"}, {"start": "00:00:15", "end": "00:00:22", "text": "for the first time since Q4. Bitcoin has"}, {"start": "00:00:19", "end": "00:00:25", "text": "confirmed a new weekly bull trend for"}, {"start": "00:00:22", "end": "00:00:26", "text": "the first time since Q4. And this is of"}, {"start": "00:00:25", "end": "00:00:28", "text": "course monumental. We're basically"}, {"start": "00:00:26", "end": "00:00:32", "text": "repeating what happened here back in"}, {"start": "00:00:28", "end": "00:00:34", "text": "2023. We're repeating the history. And"}, {"start": "00:00:32", "end": "00:00:37", "text": "as you can see, as soon as we flip"}, {"start": "00:00:34", "end": "00:00:39", "text": "bullish, Bitcoin started to rise very,"}, {"start": "00:00:37", "end": "00:00:40", "text": "very consistently. This doesn't mean"}, {"start": "00:00:39", "end": "00:00:42", "text": "that we just go straight up. For"}, {"start": "00:00:40", "end": "00:00:44", "text": "example, you see here, we flip bullish,"}, {"start": "00:00:42", "end": "00:00:47", "text": "then we actually went below the bull"}, {"start": "00:00:44", "end": "00:00:49", "text": "flip and we even went here back to 19K."}, {"start": "00:00:47", "end": "00:00:52", "text": "The bull flip was here at 22, we went"}, {"start": "00:00:49", "end": "00:00:54", "text": "back to 19K. So definitely we could go"}, {"start": "00:00:52", "end": "00:00:56", "text": "down. It's not bull doesn't mean that"}, {"start": "00:00:54", "end": "00:00:59", "text": "only up all the time 100% of the time"}, {"start": "00:00:56", "end": "00:01:02", "text": "but overall it normally means"}, {"start": "00:00:59", "end": "00:01:04", "text": "consistently up and as you can see with"}, {"start": "00:01:02", "end": "00:01:06", "text": "bull mania with the money line risk"}, {"start": "00:01:04", "end": "00:01:09", "text": "management is quite easy because should"}, {"start": "00:01:06", "end": "00:01:12", "text": "we just collapse you see here we go bare"}, {"start": "00:01:09", "end": "00:01:14", "text": "flip again at 60k so the downside is"}, {"start": "00:01:12", "end": "00:01:16", "text": "very limited while the upside is"}, {"start": "00:01:14", "end": "00:01:19", "text": "unlimited literally bitcoin could go to"}, {"start": "00:01:16", "end": "00:01:21", "text": "three 300k it can go to 200k we don't"}, {"start": "00:01:19", "end": "00:01:23", "text": "know but upside is very very big massive"}, {"start": "00:01:21", "end": "00:01:26", "text": "massive upside But the downside here is"}, {"start": "00:01:23", "end": "00:01:27", "text": "very limited. So for us with risk"}, {"start": "00:01:26", "end": "00:01:30", "text": "management this is the biggest most"}, {"start": "00:01:27", "end": "00:01:33", "text": "important signal since Q4 for Bitcoin"}, {"start": "00:01:30", "end": "00:01:34", "text": "and by extension the whole crypto market"}, {"start": "00:01:33", "end": "00:01:36", "text": "because Bitcoin as you know less the"}, {"start": "00:01:34", "end": "00:01:38", "text": "whole crypto market. So when Bitcoin is"}, {"start": "00:01:36", "end": "00:01:41", "text": "in a bull trend it means that now the"}, {"start": "00:01:38", "end": "00:01:44", "text": "riskreward for all of the shitcoins for"}, {"start": "00:01:41", "end": "00:01:46", "text": "all of the altcoins is way better and in"}, {"start": "00:01:44", "end": "00:01:49", "text": "Bulmania later today we will be"}, {"start": "00:01:46", "end": "00:01:50", "text": "releasing the model portfolios. Either"}, {"start": "00:01:49", "end": "00:01:51", "text": "later today or later this week I mean"}, {"start": "00:01:50", "end": "00:01:53", "text": "let's see today we have the TA report."}, {"start": "00:01:51", "end": "00:01:55", "text": "We have a lot today to to do in"}, {"start": "00:01:53", "end": "00:01:58", "text": "Bulmania. But u basically this week"}, {"start": "00:01:55", "end": "00:02:00", "text": "there will be a u a release coming with"}, {"start": "00:01:58", "end": "00:02:02", "text": "the model portfolios for the different"}, {"start": "00:02:00", "end": "00:02:04", "text": "altcoins. It's going to be fantastic. If"}, {"start": "00:02:02", "end": "00:02:08", "text": "you look in your inbox, your email"}, {"start": "00:02:04", "end": "00:02:10", "text": "inbox, you should have an invite to Bull"}, {"start": "00:02:08", "end": "00:02:13", "text": "Mania. If you subscribe to our"}, {"start": "00:02:10", "end": "00:02:15", "text": "newsletter in the last uh days, in the"}, {"start": "00:02:13", "end": "00:02:17", "text": "last week or so. So check it as soon as"}, {"start": "00:02:15", "end": "00:02:19", "text": "possible because as you know now it is"}, {"start": "00:02:17", "end": "00:02:21", "text": "bull flip. We are increasing the prices."}, {"start": "00:02:19", "end": "00:02:23", "text": "But if you can still find an email from"}, {"start": "00:02:21", "end": "00:02:26", "text": "before from us, we will grandfather you"}, {"start": "00:02:23", "end": "00:02:29", "text": "in. But all in all, for everyone new for"}, {"start": "00:02:26", "end": "00:02:31", "text": "now, Bullmania is closed. We're"}, {"start": "00:02:29", "end": "00:02:33", "text": "digesting this this bull flip is going"}, {"start": "00:02:31", "end": "00:02:35", "text": "to be insane. And everyone who is"}, {"start": "00:02:33", "end": "00:02:37", "text": "joining, big welcome. I have a lot we"}, {"start": "00:02:35", "end": "00:02:39", "text": "have a lot a lot to go through. But"}, {"start": "00:02:37", "end": "00:02:42", "text": "guys, first let's play this classic."}, {"start": "00:02:39", "end": "00:02:46", "text": "Let's play this absolute absolute"}, {"start": "00:02:42", "end": "00:02:49", "text": "classic. The Golden Bull. The run. The"}, {"start": "00:02:46", "end": "00:02:52", "text": "return of the golden bowl. Listen to"}, {"start": "00:02:49", "end": "00:02:52", "text": "this."}, {"start": "00:02:57", "end": "00:02:59", "text": "[music]"}, {"start": "00:03:01", "end": "00:03:09", "text": "Their spirits were sunken and low."}, {"start": "00:03:05", "end": "00:03:12", "text": "Their bags weighed more than a ton."}, {"start": "00:03:09", "end": "00:03:16", "text": "There was neither sign nor show. When"}, {"start": "00:03:12", "end": "00:03:19", "text": "the ball began his run,"}, {"start": "00:03:16", "end": "00:03:22", "text": "the shields were shilling wall to- wall."}, {"start": "00:03:19", "end": "00:03:26", "text": "[music] The gig was up, they had their"}, {"start": "00:03:22", "end": "00:03:30", "text": "fun, and every short got to maring call"}, {"start": "00:03:26", "end": "00:03:32", "text": "when the bull began his run."}, {"start": "00:03:30", "end": "00:03:38", "text": "The [music] candles green came fast and"}, {"start": "00:03:32", "end": "00:03:40", "text": "tall. Each wick was bald, quick to stun."}, {"start": "00:03:38", "end": "00:03:44", "text": "His [music] eyes burned red and his"}, {"start": "00:03:40", "end": "00:03:46", "text": "horns did more. When the bull began his"}, {"start": "00:03:44", "end": "00:03:50", "text": "run, [music]"}, {"start": "00:03:46", "end": "00:03:54", "text": "no fortune smiles upon the need. His"}, {"start": "00:03:50", "end": "00:03:57", "text": "bags of gold clean in the sun."}, {"start": "00:03:54", "end": "00:04:01", "text": "The outer stream of his pallet's sheet,"}, {"start": "00:03:57", "end": "00:04:07", "text": "and [music] every pair is left with none"}, {"start": "00:04:01", "end": "00:04:07", "text": "since the book began [music] his run."}, {"start": "00:04:08", "end": "00:04:10", "text": ">> [music]"}, {"start": "00:04:22", "end": "00:04:25", "text": "[music]"}, {"start": "00:04:22", "end": "00:04:25", "text": ">> Heat."}, {"start": "00:04:26", "end": "00:04:29", "text": "Heat. [music]"}, {"start": "00:04:31", "end": "00:04:33", "text": "[music]"}, {"start": "00:04:37", "end": "00:04:39", "text": ">> [music]"}, {"start": "00:04:40", "end": "00:04:44", "text": ">> Holy guys. I almost get tears. I"}, {"start": "00:04:42", "end": "00:04:46", "text": "almost get tears when I when I watch"}, {"start": "00:04:44", "end": "00:04:47", "text": "this. It's insane. It's absolutely"}, {"start": "00:04:46", "end": "00:04:50", "text": "insane what's happening right now for"}, {"start": "00:04:47", "end": "00:04:52", "text": "Bitcoin. And we need to see for what it"}, {"start": "00:04:50", "end": "00:04:54", "text": "is. It is a big signal, extremely big"}, {"start": "00:04:52", "end": "00:04:59", "text": "signal for the market. It is basically a"}, {"start": "00:04:54", "end": "00:05:01", "text": "signal that riskreward now is even more"}, {"start": "00:04:59", "end": "00:05:03", "text": "in favor of the bulls. And now the"}, {"start": "00:05:01", "end": "00:05:04", "text": "riskreward is extending even outside of"}, {"start": "00:05:03", "end": "00:05:07", "text": "just Bitcoin because you know that with"}, {"start": "00:05:04", "end": "00:05:09", "text": "Bitcoin we've been more or less bullish"}, {"start": "00:05:07", "end": "00:05:11", "text": "since uh July since we went here to the"}, {"start": "00:05:09", "end": "00:05:15", "text": "200E moving average. We said it's good"}, {"start": "00:05:11", "end": "00:05:17", "text": "to accumulate here and to go super super"}, {"start": "00:05:15", "end": "00:05:20", "text": "super bullish once we go bull flip. And"}, {"start": "00:05:17", "end": "00:05:23", "text": "now that we went bull flip, this"}, {"start": "00:05:20", "end": "00:05:25", "text": "riskreward also extends to other assets."}, {"start": "00:05:23", "end": "00:05:26", "text": "Whether it's Lana, whether it's ETH, all"}, {"start": "00:05:25", "end": "00:05:29", "text": "kinds of different altcoins that are in"}, {"start": "00:05:26", "end": "00:05:31", "text": "bull trend. You're just more likely to"}, {"start": "00:05:29", "end": "00:05:33", "text": "make money now. You're just more likely"}, {"start": "00:05:31", "end": "00:05:36", "text": "to make money now that we are bullish on"}, {"start": "00:05:33", "end": "00:05:39", "text": "Bitcoin. Okay, simple simple riskreward,"}, {"start": "00:05:36", "end": "00:05:41", "text": "simple um a simple math. I mean, really,"}, {"start": "00:05:39", "end": "00:05:43", "text": "it's all about math. We're we're"}, {"start": "00:05:41", "end": "00:05:46", "text": "mathematicians here. Markets are all"}, {"start": "00:05:43", "end": "00:05:48", "text": "about math. And if you look at the math"}, {"start": "00:05:46", "end": "00:05:51", "text": "uh and you look at the expected value,"}, {"start": "00:05:48", "end": "00:05:53", "text": "here is where the bulls win bigly. Look"}, {"start": "00:05:51", "end": "00:05:55", "text": "here. Bitcoin bears are getting nervous."}, {"start": "00:05:53", "end": "00:05:58", "text": "I just wrote it before we went live."}, {"start": "00:05:55", "end": "00:05:59", "text": "They thought it's another fake pump. And"}, {"start": "00:05:58", "end": "00:06:01", "text": "listen, it could be a fake pump. I mean,"}, {"start": "00:05:59", "end": "00:06:02", "text": "anything can be a fake pump, but it's"}, {"start": "00:06:01", "end": "00:06:04", "text": "just probabilities are very small for"}, {"start": "00:06:02", "end": "00:06:06", "text": "the bears now. They're getting smaller"}, {"start": "00:06:04", "end": "00:06:08", "text": "day by day by day because we've been now"}, {"start": "00:06:06", "end": "00:06:10", "text": "a year since uh peak. We've been to the"}, {"start": "00:06:08", "end": "00:06:13", "text": "200E moving average. based on"}, {"start": "00:06:10", "end": "00:06:16", "text": "probabilities, based on simple math."}, {"start": "00:06:13", "end": "00:06:17", "text": "Being bearish here just means you're bad"}, {"start": "00:06:16", "end": "00:06:18", "text": "at math. I mean, that's what I said."}, {"start": "00:06:17", "end": "00:06:20", "text": "Everyone who's been bearish lately has"}, {"start": "00:06:18", "end": "00:06:22", "text": "big problems with simple math. Simple"}, {"start": "00:06:20", "end": "00:06:25", "text": "mathematics."}, {"start": "00:06:22", "end": "00:06:25", "text": "Uh, check."}, {"start": "00:06:28", "end": "00:06:32", "text": "How is the connection? Check check"}, {"start": "00:06:31", "end": "00:06:35", "text": "check. Hey guys, how's the connection?"}, {"start": "00:06:32", "end": "00:06:37", "text": "Are we back? Are we not back?"}, {"start": "00:06:35", "end": "00:06:39", "text": "I think we're back. I think we're back."}, {"start": "00:06:37", "end": "00:06:42", "text": "We had a cut in the connection. It's the"}, {"start": "00:06:39", "end": "00:06:44", "text": "bears. It's the bears. [laughter] Bears."}, {"start": "00:06:42", "end": "00:06:46", "text": "I just said bears are bad at math and"}, {"start": "00:06:44", "end": "00:06:48", "text": "maybe they cut my cord. Maybe they cut"}, {"start": "00:06:46", "end": "00:06:51", "text": "my connection. Are we back or what's"}, {"start": "00:06:48", "end": "00:06:54", "text": "happening? I see green numbers. I see"}, {"start": "00:06:51", "end": "00:06:55", "text": "the chat is back. Fantastic. Fantastic."}, {"start": "00:06:54", "end": "00:06:57", "text": "Fantastic guys. Yeah, I mean it's the"}, {"start": "00:06:55", "end": "00:07:00", "text": "nature of live television. Sometimes we"}, {"start": "00:06:57", "end": "00:07:02", "text": "do have outage but pop everything is"}, {"start": "00:07:00", "end": "00:07:04", "text": "back. Okay guys, so looking at the"}, {"start": "00:07:02", "end": "00:07:06", "text": "statistics, looking at math, looking at"}, {"start": "00:07:04", "end": "00:07:08", "text": "where we are in the cycle, the upside,"}, {"start": "00:07:06", "end": "00:07:10", "text": "the expected value for Bitcoin is very"}, {"start": "00:07:08", "end": "00:07:11", "text": "very big. while the downside is not that"}, {"start": "00:07:10", "end": "00:07:13", "text": "large. So very important. We're just"}, {"start": "00:07:11", "end": "00:07:16", "text": "positioning based on probabilities. And"}, {"start": "00:07:13", "end": "00:07:18", "text": "now it's time to be even more bullish."}, {"start": "00:07:16", "end": "00:07:19", "text": "Looking at the overall market, guys, we"}, {"start": "00:07:18", "end": "00:07:22", "text": "do have some remarkable moves. For"}, {"start": "00:07:19", "end": "00:07:25", "text": "example, in Zcash, Zcash continues"}, {"start": "00:07:22", "end": "00:07:27", "text": "upwards. We're now at 1.2K."}, {"start": "00:07:25", "end": "00:07:30", "text": "And just as a reminder, as soon as Zcash"}, {"start": "00:07:27", "end": "00:07:32", "text": "went bull trend again, it is instant"}, {"start": "00:07:30", "end": "00:07:33", "text": "instant Valhalla. Again, respect the"}, {"start": "00:07:32", "end": "00:07:35", "text": "bull trend. Always, always, guys,"}, {"start": "00:07:33", "end": "00:07:37", "text": "respect the bull trend. You see that"}, {"start": "00:07:35", "end": "00:07:38", "text": "Zcash as soon as it went bull trend,"}, {"start": "00:07:37", "end": "00:07:41", "text": "bam, explosion. Another weekly bam,"}, {"start": "00:07:38", "end": "00:07:43", "text": "explosion. Very important. When things"}, {"start": "00:07:41", "end": "00:07:45", "text": "are in bull trend, you just have to pay"}, {"start": "00:07:43", "end": "00:07:49", "text": "respect. Don't over analyze too much."}, {"start": "00:07:45", "end": "00:07:52", "text": "Zcash all the way to $1.2,000."}, {"start": "00:07:49", "end": "00:07:54", "text": "Fantastic. Fantastic. And when you look"}, {"start": "00:07:52", "end": "00:07:56", "text": "at Zcash, let's actually see what's"}, {"start": "00:07:54", "end": "00:07:59", "text": "happening here. We have the following"}, {"start": "00:07:56", "end": "00:08:01", "text": "situation. Uh the narrative obviously"}, {"start": "00:07:59", "end": "00:08:03", "text": "obviously privacy is a big narrative and"}, {"start": "00:08:01", "end": "00:08:06", "text": "the number one comparison currently is"}, {"start": "00:08:03", "end": "00:08:10", "text": "to Bitcoin. It's uh the number one"}, {"start": "00:08:06", "end": "00:08:13", "text": "bullishness that BTC has is how small it"}, {"start": "00:08:10", "end": "00:08:16", "text": "is versus Bitcoin. How much more it can"}, {"start": "00:08:13", "end": "00:08:20", "text": "pump. It's still a 10x away from being"}, {"start": "00:08:16", "end": "00:08:23", "text": "just 10% of Bitcoin market cap. So"}, {"start": "00:08:20", "end": "00:08:26", "text": "fundamentals are here. Pumpamentals also"}, {"start": "00:08:23", "end": "00:08:30", "text": "here because the narrative uh with uh"}, {"start": "00:08:26", "end": "00:08:31", "text": "with HTTP being Bitco Bitcoin and HTTPS"}, {"start": "00:08:30", "end": "00:08:33", "text": "being Zcash is massive. So you have the"}, {"start": "00:08:31", "end": "00:08:35", "text": "pump metals with the chart and then"}, {"start": "00:08:33", "end": "00:08:38", "text": "fundamentals with the narrative with"}, {"start": "00:08:35", "end": "00:08:40", "text": "comparison to Bitcoin etc etc etc. So"}, {"start": "00:08:38", "end": "00:08:42", "text": "that's very good. Also, of course, you"}, {"start": "00:08:40", "end": "00:08:44", "text": "have this whole situation with Robin"}, {"start": "00:08:42", "end": "00:08:46", "text": "Hood chain continue. Robin Hood chain"}, {"start": "00:08:44", "end": "00:08:49", "text": "still gaining a lot of adoption,"}, {"start": "00:08:46", "end": "00:08:52", "text": "especially when it comes to tokenized"}, {"start": "00:08:49", "end": "00:08:55", "text": "stocks. Currently, you do see pawns"}, {"start": "00:08:52", "end": "00:08:58", "text": "taking a big [clears throat] fat dump of"}, {"start": "00:08:55", "end": "00:09:01", "text": "approximately 20%. So, keep an eye here."}, {"start": "00:08:58", "end": "00:09:03", "text": "And with this, uh, we would like to see"}, {"start": "00:09:01", "end": "00:09:05", "text": "a bit of accumulation here, a bit of"}, {"start": "00:09:03", "end": "00:09:07", "text": "sideways. But should the bull market"}, {"start": "00:09:05", "end": "00:09:09", "text": "continue which is extremely likely this"}, {"start": "00:09:07", "end": "00:09:11", "text": "thing will keep mooning as well. So now"}, {"start": "00:09:09", "end": "00:09:13", "text": "it's basically the first discount in a"}, {"start": "00:09:11", "end": "00:09:15", "text": "very very long time for uh for a pawns"}, {"start": "00:09:13", "end": "00:09:17", "text": "and many people have been asking about"}, {"start": "00:09:15", "end": "00:09:20", "text": "the mechanics here because basically"}, {"start": "00:09:17", "end": "00:09:23", "text": "with Robin Hood chain you have the memes"}, {"start": "00:09:20", "end": "00:09:25", "text": "potentially short squeezing real stocks"}, {"start": "00:09:23", "end": "00:09:28", "text": "on the stock market and liquidating uh"}, {"start": "00:09:25", "end": "00:09:30", "text": "hedge funds that are shorting these"}, {"start": "00:09:28", "end": "00:09:33", "text": "penny stocks on the stock market. So,"}, {"start": "00:09:30", "end": "00:09:35", "text": "you remember how Robin Hood became big"}, {"start": "00:09:33", "end": "00:09:38", "text": "back in the GameStop era where a bunch"}, {"start": "00:09:35", "end": "00:09:42", "text": "of Dentians on Reddit came together and"}, {"start": "00:09:38", "end": "00:09:44", "text": "started to pump the GameStop stock and"}, {"start": "00:09:42", "end": "00:09:46", "text": "Robin Hood was one of the venues where"}, {"start": "00:09:44", "end": "00:09:48", "text": "all of the retailers came together and"}, {"start": "00:09:46", "end": "00:09:51", "text": "started to pump GameStop which was a"}, {"start": "00:09:48", "end": "00:09:52", "text": "heavily shorted stock by hedge funds by"}, {"start": "00:09:51", "end": "00:09:55", "text": "institutions because the business was"}, {"start": "00:09:52", "end": "00:09:57", "text": "bad. It was a penny stock heavily"}, {"start": "00:09:55", "end": "00:09:59", "text": "shorted. Then the retail came together"}, {"start": "00:09:57", "end": "00:10:03", "text": "and started to just collectively pump"}, {"start": "00:09:59", "end": "00:10:04", "text": "it. They actually made one of the hedge"}, {"start": "00:10:03", "end": "00:10:06", "text": "funds lose billions and billions and"}, {"start": "00:10:04", "end": "00:10:07", "text": "billions of dollars. I think it was"}, {"start": "00:10:06", "end": "00:10:09", "text": "Melvin Capital, one of these hedge"}, {"start": "00:10:07", "end": "00:10:11", "text": "funds. You can do research. This was"}, {"start": "00:10:09", "end": "00:10:13", "text": "already like five, six years ago. And so"}, {"start": "00:10:11", "end": "00:10:15", "text": "now what's interesting is that you have"}, {"start": "00:10:13", "end": "00:10:18", "text": "the same thing repeating but this time"}, {"start": "00:10:15", "end": "00:10:21", "text": "not on Robin Hood app but on Robin Hood"}, {"start": "00:10:18", "end": "00:10:24", "text": "chain via memes. Why? Because currently"}, {"start": "00:10:21", "end": "00:10:25", "text": "on Robin Hood chain as you know like"}, {"start": "00:10:24", "end": "00:10:30", "text": "we've been discussing many of the memes"}, {"start": "00:10:25", "end": "00:10:32", "text": "are pulled with the tokenized stocks. So"}, {"start": "00:10:30", "end": "00:10:35", "text": "for example you have a memecoin for"}, {"start": "00:10:32", "end": "00:10:38", "text": "example AMC is called a memecoin but"}, {"start": "00:10:35", "end": "00:10:41", "text": "it's also this AMC movie theater stock."}, {"start": "00:10:38", "end": "00:10:44", "text": "And so to buy the memecoin on the Robin"}, {"start": "00:10:41", "end": "00:10:47", "text": "Hood chain, to buy AMC memecoin on the"}, {"start": "00:10:44", "end": "00:10:49", "text": "Robin Hood chain, you need to have the"}, {"start": "00:10:47", "end": "00:10:50", "text": "tokenized stock, the AMC tokenized"}, {"start": "00:10:49", "end": "00:10:53", "text": "stock, because that's how the pools are"}, {"start": "00:10:50", "end": "00:10:56", "text": "set up. In order to buy asset A from the"}, {"start": "00:10:53", "end": "00:10:59", "text": "pool, you have to come with asset B. So"}, {"start": "00:10:56", "end": "00:11:02", "text": "in most cases, most assets on Solana or"}, {"start": "00:10:59", "end": "00:11:04", "text": "on ETH, they're paired with USDC, stable"}, {"start": "00:11:02", "end": "00:11:06", "text": "coins, other stable coins or with ETH or"}, {"start": "00:11:04", "end": "00:11:08", "text": "SOL. So there no one really thinks about"}, {"start": "00:11:06", "end": "00:11:11", "text": "the fact that to buy the memecoin you"}, {"start": "00:11:08", "end": "00:11:13", "text": "need the other asset in the pool and in"}, {"start": "00:11:11", "end": "00:11:15", "text": "most cases it's just uh stable coins or"}, {"start": "00:11:13", "end": "00:11:17", "text": "ETH or soul. So no one really thinks"}, {"start": "00:11:15", "end": "00:11:18", "text": "about the importance of this other asset"}, {"start": "00:11:17", "end": "00:11:21", "text": "that you actually need it in order to"}, {"start": "00:11:18", "end": "00:11:24", "text": "buy the the memecoin but in this case"}, {"start": "00:11:21", "end": "00:11:26", "text": "you because it is memecoin paired pulled"}, {"start": "00:11:24", "end": "00:11:28", "text": "with the tokenized stock to buy the"}, {"start": "00:11:26", "end": "00:11:31", "text": "memecoin technically on chain you need"}, {"start": "00:11:28", "end": "00:11:33", "text": "to have the tokenized stock. Now your"}, {"start": "00:11:31", "end": "00:11:35", "text": "wallet your app may hide it from you."}, {"start": "00:11:33", "end": "00:11:38", "text": "You may come with stable coins and you"}, {"start": "00:11:35", "end": "00:11:41", "text": "buy the the memecoin but under the hood"}, {"start": "00:11:38", "end": "00:11:43", "text": "your wallet needs to first route your"}, {"start": "00:11:41", "end": "00:11:45", "text": "trade via the tokenized stock. Basically"}, {"start": "00:11:43", "end": "00:11:47", "text": "buy the tokenized stock and then buy the"}, {"start": "00:11:45", "end": "00:11:50", "text": "memecoin. So basically the conclusion"}, {"start": "00:11:47", "end": "00:11:53", "text": "here is that there is a buy pressure"}, {"start": "00:11:50", "end": "00:11:56", "text": "okay for tokenized stock whenever people"}, {"start": "00:11:53", "end": "00:12:00", "text": "want the meme. Okay the demand for the"}, {"start": "00:11:56", "end": "00:12:03", "text": "meme pumps up the tokenized stock. Okay."}, {"start": "00:12:00", "end": "00:12:06", "text": "When tokenized stock gets demand, it can"}, {"start": "00:12:03", "end": "00:12:07", "text": "dep from the real stock on the stock"}, {"start": "00:12:06", "end": "00:12:10", "text": "market. The tokenized stock may trade"}, {"start": "00:12:07", "end": "00:12:13", "text": "higher at a premium than to the than the"}, {"start": "00:12:10", "end": "00:12:16", "text": "real stock on the stock market. And the"}, {"start": "00:12:13", "end": "00:12:19", "text": "institutions that can mint the the the"}, {"start": "00:12:16", "end": "00:12:21", "text": "tokenized stock, they have to get the"}, {"start": "00:12:19", "end": "00:12:22", "text": "real stock in custody when they mint the"}, {"start": "00:12:21", "end": "00:12:24", "text": "tokenized stock. So if there is an"}, {"start": "00:12:22", "end": "00:12:27", "text": "arbitrage opportunity to act on the"}, {"start": "00:12:24", "end": "00:12:29", "text": "arbitrage opportunity, Robin Hood and"}, {"start": "00:12:27", "end": "00:12:30", "text": "their partners, they can mint new"}, {"start": "00:12:29", "end": "00:12:32", "text": "tokenized stock. But to do that, they"}, {"start": "00:12:30", "end": "00:12:34", "text": "have to buy the real stock from the"}, {"start": "00:12:32", "end": "00:12:36", "text": "stock market and back the tokenized"}, {"start": "00:12:34", "end": "00:12:38", "text": "stock with it. Now if this is complex,"}, {"start": "00:12:36", "end": "00:12:40", "text": "you can rewatch what I just told you."}, {"start": "00:12:38", "end": "00:12:42", "text": "But the mechanics here is basically that"}, {"start": "00:12:40", "end": "00:12:43", "text": "when there is demand for meme, there is"}, {"start": "00:12:42", "end": "00:12:45", "text": "demand for the real stock. You"}, {"start": "00:12:43", "end": "00:12:46", "text": "understand? When there's demand for me,"}, {"start": "00:12:45", "end": "00:12:49", "text": "there's demand for real stock, which"}, {"start": "00:12:46", "end": "00:12:52", "text": "actually can lead to a short squeeze,"}, {"start": "00:12:49", "end": "00:12:55", "text": "which actually can lead to hedge funds"}, {"start": "00:12:52", "end": "00:12:57", "text": "getting liquidated yet again in the real"}, {"start": "00:12:55", "end": "00:13:00", "text": "stock market. So, here is where you have"}, {"start": "00:12:57", "end": "00:13:03", "text": "kind of a renewed retail plebbe"}, {"start": "00:13:00", "end": "00:13:07", "text": "narrative and this conflict between the"}, {"start": "00:13:03", "end": "00:13:09", "text": "retail pleba and the institutions. It's"}, {"start": "00:13:07", "end": "00:13:12", "text": "now taking place on chain via the"}, {"start": "00:13:09", "end": "00:13:15", "text": "memecoins. Okay, very very very"}, {"start": "00:13:12", "end": "00:13:17", "text": "important. So if you are interested in"}, {"start": "00:13:15", "end": "00:13:18", "text": "understanding this uh more in detail,"}, {"start": "00:13:17", "end": "00:13:20", "text": "number one, just re-watch what I what I"}, {"start": "00:13:18", "end": "00:13:22", "text": "just told you. Number two, you can just"}, {"start": "00:13:20", "end": "00:13:25", "text": "screenshot this. But basically here"}, {"start": "00:13:22", "end": "00:13:26", "text": "stock uh stock uh token demand rises"}, {"start": "00:13:25", "end": "00:13:28", "text": "when there is demand for the meme"}, {"start": "00:13:26", "end": "00:13:30", "text": "because you need the stock to buy the"}, {"start": "00:13:28", "end": "00:13:33", "text": "meme. Price of the token prints a"}, {"start": "00:13:30", "end": "00:13:37", "text": "premium. So token trades more expensive"}, {"start": "00:13:33", "end": "00:13:39", "text": "than the real stock. To be able to mint"}, {"start": "00:13:37", "end": "00:13:42", "text": "more stock tokens, you need to buy the"}, {"start": "00:13:39", "end": "00:13:43", "text": "real stock. So, Robin Hood and their"}, {"start": "00:13:42", "end": "00:13:46", "text": "authorized participants, basically their"}, {"start": "00:13:43", "end": "00:13:48", "text": "business partners, they can act on the"}, {"start": "00:13:46", "end": "00:13:50", "text": "arbitrage. When the tokenized stock"}, {"start": "00:13:48", "end": "00:13:53", "text": "trades as a premium, they can create new"}, {"start": "00:13:50", "end": "00:13:55", "text": "tokenized stock and basically act on the"}, {"start": "00:13:53", "end": "00:13:57", "text": "arbitrage. But to do that, they have to"}, {"start": "00:13:55", "end": "00:13:59", "text": "buy the real stock. So, yeah. Anyway,"}, {"start": "00:13:57", "end": "00:14:01", "text": "fantastic. I mean, this is this is one"}, {"start": "00:13:59", "end": "00:14:03", "text": "of the narrative this bull cycle. It's"}, {"start": "00:14:01", "end": "00:14:05", "text": "it's I love it, guys. I love I mean the"}, {"start": "00:14:03", "end": "00:14:07", "text": "fact that we have this retail rebirth"}, {"start": "00:14:05", "end": "00:14:10", "text": "and now it's taking place on Robin Hood"}, {"start": "00:14:07", "end": "00:14:12", "text": "chain and it's part of crypto fantastic"}, {"start": "00:14:10", "end": "00:14:16", "text": "fantastic and it's interesting how much"}, {"start": "00:14:12", "end": "00:14:17", "text": "volume this this uh industry generates I"}, {"start": "00:14:16", "end": "00:14:20", "text": "mean the volume is quite crazy the"}, {"start": "00:14:17", "end": "00:14:22", "text": "volume for for this memes and stocks"}, {"start": "00:14:20", "end": "00:14:25", "text": "bonded with memes is way bigger than you"}, {"start": "00:14:22", "end": "00:14:26", "text": "know the stock itself in many cases uh"}, {"start": "00:14:25", "end": "00:14:29", "text": "so yeah keep an eye on this and this is"}, {"start": "00:14:26", "end": "00:14:32", "text": "a strong strong narrative overall how"}, {"start": "00:14:29", "end": "00:14:33", "text": "crypto is merging with"}, {"start": "00:14:32", "end": "00:14:36", "text": "finance. I mean, basically, we're"}, {"start": "00:14:33", "end": "00:14:38", "text": "becoming one. We're becoming one. Crypto"}, {"start": "00:14:36", "end": "00:14:42", "text": "and stocks were merging in a big big"}, {"start": "00:14:38", "end": "00:14:44", "text": "way. And the stock CEOs for now at"}, {"start": "00:14:42", "end": "00:14:47", "text": "least, they don't seem to like it. The"}, {"start": "00:14:44", "end": "00:14:49", "text": "AMC CEO came out and he started a"}, {"start": "00:14:47", "end": "00:14:52", "text": "conflict with Vlad on Twitter saying"}, {"start": "00:14:49", "end": "00:14:54", "text": "that this is kind of scammy behavior"}, {"start": "00:14:52", "end": "00:14:56", "text": "that you guys tokenize our stock. But at"}, {"start": "00:14:54", "end": "00:15:02", "text": "the end of the day, the guy that"}, {"start": "00:14:56", "end": "00:15:05", "text": "tokenized stock for Robin Hood is an ex"}, {"start": "00:15:02", "end": "00:15:07", "text": "SEC commissioner. So I think AMC is"}, {"start": "00:15:05", "end": "00:15:09", "text": "going to have a bit of a a tough time"}, {"start": "00:15:07", "end": "00:15:12", "text": "going against Vlad here because"}, {"start": "00:15:09", "end": "00:15:14", "text": "literally the guy who is responsible for"}, {"start": "00:15:12", "end": "00:15:18", "text": "tokenizing all of the stocks, he's then"}, {"start": "00:15:14", "end": "00:15:20", "text": "an ex SEC commissioner. Okay. So what"}, {"start": "00:15:18", "end": "00:15:23", "text": "has happened here is that this CEO of"}, {"start": "00:15:20", "end": "00:15:26", "text": "AMC like the movie movie movie theaters"}, {"start": "00:15:23", "end": "00:15:29", "text": "he did not like that Robin Hood tokenize"}, {"start": "00:15:26", "end": "00:15:31", "text": "his company uh which is dumb because now"}, {"start": "00:15:29", "end": "00:15:32", "text": "everyone speaks about AMC is kind of a"}, {"start": "00:15:31", "end": "00:15:34", "text": "you know big attention for the company"}, {"start": "00:15:32", "end": "00:15:38", "text": "but okay but he didn't didn't like it so"}, {"start": "00:15:34", "end": "00:15:41", "text": "he did send a cease and deceased this is"}, {"start": "00:15:38", "end": "00:15:44", "text": "the guy CEO Adam CEO of AMC theaters he"}, {"start": "00:15:41", "end": "00:15:47", "text": "sent a cease and deceased to Robin Hood"}, {"start": "00:15:44", "end": "00:15:51", "text": "and who answered this guy Dan Gallagher"}, {"start": "00:15:47", "end": "00:15:54", "text": "He is the former SEC commissioner and"}, {"start": "00:15:51", "end": "00:15:58", "text": "also he is Robin Hood chief legal"}, {"start": "00:15:54", "end": "00:16:01", "text": "officer. He came out and said we know a"}, {"start": "00:15:58", "end": "00:16:03", "text": "little something about US security laws."}, {"start": "00:16:01", "end": "00:16:08", "text": "Okay, we know a little something may"}, {"start": "00:16:03", "end": "00:16:11", "text": "maybe we know something and will not"}, {"start": "00:16:08", "end": "00:16:14", "text": "desist. Send your lawyers and we will"}, {"start": "00:16:11", "end": "00:16:16", "text": "educate them."}, {"start": "00:16:14", "end": "00:16:21", "text": "Here you have gravitas so to speak."}, {"start": "00:16:16", "end": "00:16:24", "text": "Gravitas from um uh from Vlad Gravitas"}, {"start": "00:16:21", "end": "00:16:27", "text": "from uh uh from his head of legal and uh"}, {"start": "00:16:24", "end": "00:16:29", "text": "yeah Vlad also said it's a it's a honor"}, {"start": "00:16:27", "end": "00:16:31", "text": "to be in the trenches with you. We'll"}, {"start": "00:16:29", "end": "00:16:34", "text": "see if I can find this tweet but um he's"}, {"start": "00:16:31", "end": "00:16:36", "text": "fully embracing this narrative and if we"}, {"start": "00:16:34", "end": "00:16:39", "text": "can liquidate some hedge funds and this"}, {"start": "00:16:36", "end": "00:16:42", "text": "can be attributed to onchain o"}, {"start": "00:16:39", "end": "00:16:44", "text": "it's a big big onboarding guys. This is"}, {"start": "00:16:42", "end": "00:16:46", "text": "overall a big fat onboarding for retail"}, {"start": "00:16:44", "end": "00:16:47", "text": "and people have been asking where will"}, {"start": "00:16:46", "end": "00:16:49", "text": "retail come from. I mean here's one of"}, {"start": "00:16:47", "end": "00:16:51", "text": "the one of the examples where retail"}, {"start": "00:16:49", "end": "00:16:53", "text": "they love the stocks and for them it's"}, {"start": "00:16:51", "end": "00:16:54", "text": "so easy to boop jump into oncha. Guys"}, {"start": "00:16:53", "end": "00:16:56", "text": "welcome everyone who's watching live. We"}, {"start": "00:16:54", "end": "00:16:57", "text": "have a lot we have a lot today. We have"}, {"start": "00:16:56", "end": "00:16:59", "text": "the bull flip. We have all kinds of"}, {"start": "00:16:57", "end": "00:17:01", "text": "things happening. Big shout out to dab"}, {"start": "00:16:59", "end": "00:17:03", "text": "who is time stamping us today. Smash up"}, {"start": "00:17:01", "end": "00:17:06", "text": "the like if you haven't yet. Subscribe"}, {"start": "00:17:03", "end": "00:17:08", "text": "to the channel if you haven't yet. And"}, {"start": "00:17:06", "end": "00:17:11", "text": "first link of description you see bull"}, {"start": "00:17:08", "end": "00:17:13", "text": "mania newsletter. This is very important"}, {"start": "00:17:11", "end": "00:17:15", "text": "guys. This is fully free for you to"}, {"start": "00:17:13", "end": "00:17:17", "text": "join. Get market updates. Whenever"}, {"start": "00:17:15", "end": "00:17:19", "text": "something happens, you know it in your"}, {"start": "00:17:17", "end": "00:17:23", "text": "inbox. It is weekly approximately"}, {"start": "00:17:19", "end": "00:17:26", "text": "weekly. Okay, it's weekly times 0.9."}, {"start": "00:17:23", "end": "00:17:29", "text": "Sometimes we drift a few days. So, it's"}, {"start": "00:17:26", "end": "00:17:31", "text": "weekly times 0.9. Okay, but all in all"}, {"start": "00:17:29", "end": "00:17:33", "text": "weekly. Go and subscribe to"}, {"start": "00:17:31", "end": "00:17:35", "text": "bullmain.com/subscribe."}, {"start": "00:17:33", "end": "00:17:36", "text": "Fully fully free. And yeah, well, big"}, {"start": "00:17:35", "end": "00:17:40", "text": "big welcome everyone. Now, looking at"}, {"start": "00:17:36", "end": "00:17:41", "text": "Bitcoin, we just bullish. Very nice. And"}, {"start": "00:17:40", "end": "00:17:44", "text": "you have a few catalysts here that we"}, {"start": "00:17:41", "end": "00:17:47", "text": "have to discuss. Number one is the spot"}, {"start": "00:17:44", "end": "00:17:49", "text": "ETF tsunami being still early. We did"}, {"start": "00:17:47", "end": "00:17:52", "text": "have inflows into the ETF in August."}, {"start": "00:17:49", "end": "00:17:54", "text": "Inflows were good in August but but only"}, {"start": "00:17:52", "end": "00:17:57", "text": "the beginning. It's only the first month"}, {"start": "00:17:54", "end": "00:17:59", "text": "after outflow only months for many many"}, {"start": "00:17:57", "end": "00:18:01", "text": "months we had outflow only. August was"}, {"start": "00:17:59", "end": "00:18:03", "text": "the first month where we had inflow and"}, {"start": "00:18:01", "end": "00:18:06", "text": "big fat inflow. August was the first"}, {"start": "00:18:03", "end": "00:18:08", "text": "month where sailor stopped dumping. So"}, {"start": "00:18:06", "end": "00:18:10", "text": "basically it's the first month for for"}, {"start": "00:18:08", "end": "00:18:13", "text": "everything meaning that we're still in"}, {"start": "00:18:10", "end": "00:18:14", "text": "the early early stages of this uh cycle"}, {"start": "00:18:13", "end": "00:18:16", "text": "and there are still many bears guys. I"}, {"start": "00:18:14", "end": "00:18:18", "text": "mean many bears still say we're going to"}, {"start": "00:18:16", "end": "00:18:21", "text": "go lower. Many bears they still say it's"}, {"start": "00:18:18", "end": "00:18:23", "text": "a fake out this and that. And while they"}, {"start": "00:18:21", "end": "00:18:24", "text": "may be right because the market is"}, {"start": "00:18:23", "end": "00:18:27", "text": "probabilistic"}, {"start": "00:18:24", "end": "00:18:28", "text": "it is possible that it's it's fake out."}, {"start": "00:18:27", "end": "00:18:31", "text": "We have I mean as you can see we have"}, {"start": "00:18:28", "end": "00:18:34", "text": "the bare trend at 60k. So it's not like"}, {"start": "00:18:31", "end": "00:18:36", "text": "we're going to miss the the path to zero"}, {"start": "00:18:34", "end": "00:18:38", "text": "if it happens. At the same time, I have"}, {"start": "00:18:36", "end": "00:18:40", "text": "to say it's also bullish as hell that"}, {"start": "00:18:38", "end": "00:18:43", "text": "there are many bears. Not too many"}, {"start": "00:18:40", "end": "00:18:44", "text": "people are mega bullish now. Uh,"}, {"start": "00:18:43", "end": "00:18:47", "text": "obviously some are. So, obviously some"}, {"start": "00:18:44", "end": "00:18:48", "text": "are, but at the same time, for us to be"}, {"start": "00:18:47", "end": "00:18:50", "text": "bullish this early, it's very good,"}, {"start": "00:18:48", "end": "00:18:52", "text": "guys. It's very, very good. And we've"}, {"start": "00:18:50", "end": "00:18:55", "text": "been partially bullish since July. We've"}, {"start": "00:18:52", "end": "00:18:57", "text": "been overall bullish since July, but now"}, {"start": "00:18:55", "end": "00:18:59", "text": "we have such a big fat signal and"}, {"start": "00:18:57", "end": "00:19:01", "text": "actually love to see the bears. The"}, {"start": "00:18:59", "end": "00:19:05", "text": "bears are very good. The bears are here"}, {"start": "00:19:01", "end": "00:19:07", "text": "to basically ensure that uh we have the"}, {"start": "00:19:05", "end": "00:19:10", "text": "the the short squeeze. They are they're"}, {"start": "00:19:07", "end": "00:19:12", "text": "there to ensure that we have uh more"}, {"start": "00:19:10", "end": "00:19:14", "text": "people forming in as we go more bullish"}, {"start": "00:19:12", "end": "00:19:16", "text": "because if everyone bought we will not"}, {"start": "00:19:14", "end": "00:19:19", "text": "pump and the people have not bought and"}, {"start": "00:19:16", "end": "00:19:21", "text": "absolutely not absolutely not. And uh"}, {"start": "00:19:19", "end": "00:19:23", "text": "yeah all in all fantastic guys what can"}, {"start": "00:19:21", "end": "00:19:27", "text": "I say? Very very good. Next regulatory"}, {"start": "00:19:23", "end": "00:19:29", "text": "clarity all of the stuff with um clarity"}, {"start": "00:19:27", "end": "00:19:31", "text": "act may happen later this year but it's"}, {"start": "00:19:29", "end": "00:19:35", "text": "one of the un um un how you say not"}, {"start": "00:19:31", "end": "00:19:37", "text": "unlocked but locked like unlocked you"}, {"start": "00:19:35", "end": "00:19:39", "text": "know you understand we're still to we're"}, {"start": "00:19:37", "end": "00:19:41", "text": "yet to be unlocked is correct way to say"}, {"start": "00:19:39", "end": "00:19:44", "text": "it this is yet to be unlocked so you"}, {"start": "00:19:41", "end": "00:19:46", "text": "have meanwhile while clarity act is not"}, {"start": "00:19:44", "end": "00:19:49", "text": "unlocked you have US treasury removing"}, {"start": "00:19:46", "end": "00:19:51", "text": "barriers strategy CEO told CNBC that"}, {"start": "00:19:49", "end": "00:19:54", "text": "once clarity passes major banks will"}, {"start": "00:19:51", "end": "00:19:56", "text": "adopt Bitcoin hard. Fed related voices"}, {"start": "00:19:54", "end": "00:19:58", "text": "including Kevin Walsh are calling"}, {"start": "00:19:56", "end": "00:20:00", "text": "Bitcoin part of the fabric of the US"}, {"start": "00:19:58", "end": "00:20:03", "text": "financial services. Very very good."}, {"start": "00:20:00", "end": "00:20:05", "text": "Next. Political monetary tailwinds. Talk"}, {"start": "00:20:03", "end": "00:20:07", "text": "of US considering a Bitcoin purchase."}, {"start": "00:20:05", "end": "00:20:10", "text": "This still hasn't happened. This is"}, {"start": "00:20:07", "end": "00:20:11", "text": "still yet to be unlocked catalyst with"}, {"start": "00:20:10", "end": "00:20:14", "text": "Trump creating a Bitcoin reserve."}, {"start": "00:20:11", "end": "00:20:15", "text": "Although personally I kind of lost hope"}, {"start": "00:20:14", "end": "00:20:17", "text": "in it. In case it happens, it's going to"}, {"start": "00:20:15", "end": "00:20:20", "text": "be fantastic. It's still still one of"}, {"start": "00:20:17", "end": "00:20:22", "text": "the bullish catalyst that may happen. Uh"}, {"start": "00:20:20", "end": "00:20:24", "text": "cycle mechanics. Many people who are"}, {"start": "00:20:22", "end": "00:20:26", "text": "waiting for you know the exact October"}, {"start": "00:20:24", "end": "00:20:28", "text": "because we picked out in October. Many"}, {"start": "00:20:26", "end": "00:20:31", "text": "people waiting for exact October to be"}, {"start": "00:20:28", "end": "00:20:33", "text": "here. Uh well yeah they in 20 days they"}, {"start": "00:20:31", "end": "00:20:34", "text": "they also going to be buying for them."}, {"start": "00:20:33", "end": "00:20:36", "text": "Okay October October boop boop boop."}, {"start": "00:20:34", "end": "00:20:37", "text": "Fantastic. You understand? So that's"}, {"start": "00:20:36", "end": "00:20:40", "text": "another catalyst. Many of the you know"}, {"start": "00:20:37", "end": "00:20:42", "text": "fouryear cyclers uh they're going to be"}, {"start": "00:20:40", "end": "00:20:44", "text": "buying in October. Fantastic. Let's go."}, {"start": "00:20:42", "end": "00:20:48", "text": "Let's go. We're already here. You know"}, {"start": "00:20:44", "end": "00:20:50", "text": "we are not pure fouryear cyclists. Okay."}, {"start": "00:20:48", "end": "00:20:52", "text": "We are trend followers. trend is bull"}, {"start": "00:20:50", "end": "00:20:55", "text": "now and we also know that around 200"}, {"start": "00:20:52", "end": "00:20:57", "text": "week moving average is it's it's chef's"}, {"start": "00:20:55", "end": "00:20:58", "text": "kiss check if you can buy a bit around"}, {"start": "00:20:57", "end": "00:21:01", "text": "200 week moving average so people say"}, {"start": "00:20:58", "end": "00:21:03", "text": "Ivan you follow for I follow the trend"}, {"start": "00:21:01", "end": "00:21:05", "text": "man I follow the trend and the trend has"}, {"start": "00:21:03", "end": "00:21:07", "text": "been quite similar to for a cycle but"}, {"start": "00:21:05", "end": "00:21:10", "text": "not really exact and the four-year"}, {"start": "00:21:07", "end": "00:21:12", "text": "cyclers I say cyclists four year"}, {"start": "00:21:10", "end": "00:21:14", "text": "cyclists they're going to be buying are"}, {"start": "00:21:12", "end": "00:21:16", "text": "bag in October that's good that's good"}, {"start": "00:21:14", "end": "00:21:19", "text": "so we are front running the freaking"}, {"start": "00:21:16", "end": "00:21:21", "text": "cyclists where they are where is their"}, {"start": "00:21:19", "end": "00:21:24", "text": "bicycle I don't know but four year cycle"}, {"start": "00:21:21", "end": "00:21:26", "text": "cyclists are going to be here in October"}, {"start": "00:21:24", "end": "00:21:29", "text": "in October and we already have been"}, {"start": "00:21:26", "end": "00:21:31", "text": "DCAing since July slowly around around"}, {"start": "00:21:29", "end": "00:21:34", "text": "the 200 moving average in the buy zone"}, {"start": "00:21:31", "end": "00:21:37", "text": "and now bam we go heavy and the cyclists"}, {"start": "00:21:34", "end": "00:21:39", "text": "welcome welcome cyclist next corporate"}, {"start": "00:21:37", "end": "00:21:41", "text": "and well conviction strategy Michael"}, {"start": "00:21:39", "end": "00:21:43", "text": "Sailor I mean you know the drill I don't"}, {"start": "00:21:41", "end": "00:21:45", "text": "have to remind you"}, {"start": "00:21:43", "end": "00:21:50", "text": "today to celebrate the bull flip I"}, {"start": "00:21:45", "end": "00:21:50", "text": "picked a a green a green coffee mug"}, {"start": "00:21:51", "end": "00:21:56", "text": "Very nice."}, {"start": "00:21:54", "end": "00:21:58", "text": "Fantastic. Fantastic. So, strategy"}, {"start": "00:21:56", "end": "00:22:00", "text": "bitwise all of the corporate"}, {"start": "00:21:58", "end": "00:22:01", "text": "corporations, PayPal, what's going to"}, {"start": "00:22:00", "end": "00:22:03", "text": "happen? Let's see. Oh, actually,"}, {"start": "00:22:01", "end": "00:22:04", "text": "strategy market now exceeds. Let's see"}, {"start": "00:22:03", "end": "00:22:07", "text": "how strategy is doing. They they get the"}, {"start": "00:22:04", "end": "00:22:09", "text": "pump yet or not. Uh, as you know, we're"}, {"start": "00:22:07", "end": "00:22:11", "text": "bullish strategy, but I I don't touch"}, {"start": "00:22:09", "end": "00:22:12", "text": "strategy myself, but overall, oh,"}, {"start": "00:22:11", "end": "00:22:13", "text": "they're also going to be bull trend."}, {"start": "00:22:12", "end": "00:22:16", "text": "They're going to be bull trend, but next"}, {"start": "00:22:13", "end": "00:22:18", "text": "week. Okay. So with this I would rather"}, {"start": "00:22:16", "end": "00:22:19", "text": "just uh you know trade all coins or"}, {"start": "00:22:18", "end": "00:22:21", "text": "trade bitcoin with leverage than to be"}, {"start": "00:22:19", "end": "00:22:24", "text": "in strategy achieve the same result but"}, {"start": "00:22:21", "end": "00:22:26", "text": "less risk and uh you can use the link"}, {"start": "00:22:24", "end": "00:22:28", "text": "below to exchanges I use if you want to"}, {"start": "00:22:26", "end": "00:22:29", "text": "trade on buy bit etc. It's way better to"}, {"start": "00:22:28", "end": "00:22:31", "text": "just use Bitcoin leverage than to have"}, {"start": "00:22:29", "end": "00:22:33", "text": "strategy because strategy it is Bitcoin"}, {"start": "00:22:31", "end": "00:22:35", "text": "leverage and all kinds of other weird"}, {"start": "00:22:33", "end": "00:22:38", "text": "ass risk that uh that also changes all"}, {"start": "00:22:35", "end": "00:22:40", "text": "the time because sailor does new things"}, {"start": "00:22:38", "end": "00:22:42", "text": "all the he's like creative he's using AI"}, {"start": "00:22:40", "end": "00:22:44", "text": "to create new things new financial pro"}, {"start": "00:22:42", "end": "00:22:47", "text": "man I would just you know use bitcoin"}, {"start": "00:22:44", "end": "00:22:49", "text": "leverage myself I need sailor to"}, {"start": "00:22:47", "end": "00:22:51", "text": "leverage I can leverage bitcoin myself"}, {"start": "00:22:49", "end": "00:22:54", "text": "man [laughter]"}, {"start": "00:22:51", "end": "00:22:57", "text": "so prediction market heat ki o for 85"}, {"start": "00:22:54", "end": "00:22:59", "text": "90k this month have been climbing have"}, {"start": "00:22:57", "end": "00:23:01", "text": "climbing very very high. Yo, dot"}, {"start": "00:22:59", "end": "00:23:03", "text": "Krueger. Dot Krueger. I love Fred"}, {"start": "00:23:01", "end": "00:23:05", "text": "Krueger. Now that we are both bullish"}, {"start": "00:23:03", "end": "00:23:07", "text": "since July, we're on the same page. Now,"}, {"start": "00:23:05", "end": "00:23:09", "text": "a problem with Fred Krueger, he was"}, {"start": "00:23:07", "end": "00:23:12", "text": "bullish in the in the bear also in the"}, {"start": "00:23:09", "end": "00:23:13", "text": "bear. Um, we were not. Uh, but now we're"}, {"start": "00:23:12", "end": "00:23:16", "text": "we're the same. We're the same. I mean,"}, {"start": "00:23:13", "end": "00:23:18", "text": "we are we're bullish. So, Bitcoin bare"}, {"start": "00:23:16", "end": "00:23:20", "text": "markets last about 12 months. Exactly."}, {"start": "00:23:18", "end": "00:23:21", "text": "This one lasted 11 months. After bare"}, {"start": "00:23:20", "end": "00:23:23", "text": "markets come bull markets. Simple stuff."}, {"start": "00:23:21", "end": "00:23:25", "text": "Simple stuff. But bears don't get it. We"}, {"start": "00:23:23", "end": "00:23:26", "text": "are 4% from the lows. Bull markets tend"}, {"start": "00:23:25", "end": "00:23:30", "text": "to run around two, three years. Last one"}, {"start": "00:23:26", "end": "00:23:33", "text": "16k 106 8x one before 21x institutions"}, {"start": "00:23:30", "end": "00:23:35", "text": "now own 100 billion. This is 0.1% of"}, {"start": "00:23:33", "end": "00:23:37", "text": "global mining supply. The tsunami guys"}, {"start": "00:23:35", "end": "00:23:40", "text": "tsunami of cash it is coming and it is"}, {"start": "00:23:37", "end": "00:23:43", "text": "coming very very fast. Oh yo yo yo yo"}, {"start": "00:23:40", "end": "00:23:46", "text": "bitwise was was bitwise blowing my mind"}, {"start": "00:23:43", "end": "00:23:49", "text": "here saying Bitcoin"}, {"start": "00:23:46", "end": "00:23:50", "text": "will be trading at 1.3 million or"}, {"start": "00:23:49", "end": "00:23:52", "text": "they're saying that there's no reason it"}, {"start": "00:23:50", "end": "00:23:53", "text": "will not be trading. basically saying"}, {"start": "00:23:52", "end": "00:23:56", "text": "that they it's going to be trading at"}, {"start": "00:23:53", "end": "00:23:58", "text": "1.3 million man bit wise give me this"}, {"start": "00:23:56", "end": "00:23:59", "text": "hopeium give me this highest highest"}, {"start": "00:23:58", "end": "00:24:00", "text": "grade opium"}, {"start": "00:23:59", "end": "00:24:03", "text": ">> higher than that so our long-term"}, {"start": "00:24:00", "end": "00:24:05", "text": "prediction is we get to 1.3 million by"}, {"start": "00:24:03", "end": "00:24:08", "text": "2035 I think we have a good chance to"}, {"start": "00:24:05", "end": "00:24:09", "text": "get back up to 100k this year I think"}, {"start": "00:24:08", "end": "00:24:11", "text": "the conditions are extremely bullish"}, {"start": "00:24:09", "end": "00:24:13", "text": "remember we're just getting traditional"}, {"start": "00:24:11", "end": "00:24:16", "text": "Wall Street back in their seats after"}, {"start": "00:24:13", "end": "00:24:17", "text": "their August break I think as they come"}, {"start": "00:24:16", "end": "00:24:19", "text": "into their seats and they look at this"}, {"start": "00:24:17", "end": "00:24:21", "text": "macro setting they look at crypto"}, {"start": "00:24:19", "end": "00:24:23", "text": "forming a nice bottom they're going want"}, {"start": "00:24:21", "end": "00:24:24", "text": "to start allocating. So, I'm bullish on"}, {"start": "00:24:23", "end": "00:24:26", "text": "the short term. I'm very"}, {"start": "00:24:24", "end": "00:24:28", "text": ">> What he said here, guys, is very"}, {"start": "00:24:26", "end": "00:24:31", "text": "important. He what he said here is that"}, {"start": "00:24:28", "end": "00:24:33", "text": "everyone sees it's a nice bottom. Okay?"}, {"start": "00:24:31", "end": "00:24:35", "text": "And I'm not I'm not I'm not saying it to"}, {"start": "00:24:33", "end": "00:24:38", "text": "be funny, but it is if I mean, if you"}, {"start": "00:24:35", "end": "00:24:41", "text": "know anything about charts, Bitcoin has"}, {"start": "00:24:38", "end": "00:24:42", "text": "a nice bottom. [laughter]"}, {"start": "00:24:41", "end": "00:24:44", "text": "It has a nice bottom. What can I say?"}, {"start": "00:24:42", "end": "00:24:47", "text": "It's it it bounced off of the 200E"}, {"start": "00:24:44", "end": "00:24:49", "text": "moving average. It's classic. is I mean"}, {"start": "00:24:47", "end": "00:24:51", "text": "this is anyone who knows anything about"}, {"start": "00:24:49", "end": "00:24:53", "text": "charts"}, {"start": "00:24:51", "end": "00:24:57", "text": "especially guys especially if we close"}, {"start": "00:24:53", "end": "00:24:59", "text": "above 82 oz"}, {"start": "00:24:57", "end": "00:25:00", "text": "it's crazy but I mean everyone knows"}, {"start": "00:24:59", "end": "00:25:04", "text": "that you know this long consolidation"}, {"start": "00:25:00", "end": "00:25:08", "text": "here basically since February uh"}, {"start": "00:25:04", "end": "00:25:10", "text": "ultimate bottom here in June end of June"}, {"start": "00:25:08", "end": "00:25:12", "text": "it's gonna be crazy gonna be crazy it's"}, {"start": "00:25:10", "end": "00:25:16", "text": "gonna be crazy it's one of the biggest"}, {"start": "00:25:12", "end": "00:25:17", "text": "catalysts the fact that we we we Yeah,"}, {"start": "00:25:16", "end": "00:25:19", "text": "everyone comes back from vacation, sees"}, {"start": "00:25:17", "end": "00:25:22", "text": "that what is cheap and then Bitcoin"}, {"start": "00:25:19", "end": "00:25:24", "text": "looks on Wall Street back in their seats"}, {"start": "00:25:22", "end": "00:25:26", "text": "after their August break. I think as"}, {"start": "00:25:24", "end": "00:25:27", "text": "they come into their seats and they look"}, {"start": "00:25:26", "end": "00:25:30", "text": "at this macro setting, they look at"}, {"start": "00:25:27", "end": "00:25:31", "text": "crypto forming a nice bottom, they're"}, {"start": "00:25:30", "end": "00:25:33", "text": "going to want to start allocating. So,"}, {"start": "00:25:31", "end": "00:25:35", "text": "I'm bullish on the short term. I'm very"}, {"start": "00:25:33", "end": "00:25:37", "text": "bullish on the long term. I think 1.3"}, {"start": "00:25:35", "end": "00:25:39", "text": "million by 2035, it's going to be"}, {"start": "00:25:37", "end": "00:25:40", "text": "relatively easy for higher than that."}, {"start": "00:25:39", "end": "00:25:41", "text": "So,"}, {"start": "00:25:40", "end": "00:25:43", "text": ">> relatively easy. Let's go. Let's go."}, {"start": "00:25:41", "end": "00:25:46", "text": "Let's go. Let's go. Uh yeah. So, that's"}, {"start": "00:25:43", "end": "00:25:48", "text": "that. uh nice bottom and uh what is it"}, {"start": "00:25:46", "end": "00:25:50", "text": "1.3 million in the next decade. Fed"}, {"start": "00:25:48", "end": "00:25:53", "text": "chair green light. So let's see what he"}, {"start": "00:25:50", "end": "00:25:54", "text": "said. He said that Fed chair Kevin Worch"}, {"start": "00:25:53", "end": "00:25:57", "text": "telling Congress Bitcoin is part of the"}, {"start": "00:25:54", "end": "00:26:00", "text": "fabric of financial services. Fully"}, {"start": "00:25:57", "end": "00:26:02", "text": "correct. Let's listen to this"}, {"start": "00:26:00", "end": "00:26:05", "text": ">> quick yes or no. Do you believe that"}, {"start": "00:26:02", "end": "00:26:09", "text": "digital assets should be incorporated"}, {"start": "00:26:05", "end": "00:26:11", "text": "into our financial industry so Americans"}, {"start": "00:26:09", "end": "00:26:13", "text": "have new investment opportunities and"}, {"start": "00:26:11", "end": "00:26:15", "text": "consumer protections? Uh, Senator,"}, {"start": "00:26:13", "end": "00:26:17", "text": "digital assets are already part of the"}, {"start": "00:26:15", "end": "00:26:19", "text": "fabric of our financial services"}, {"start": "00:26:17", "end": "00:26:20", "text": "industry in the United States. Yes."}, {"start": "00:26:19", "end": "00:26:24", "text": ">> Thanks, Mr. Walsh."}, {"start": "00:26:20", "end": "00:26:25", "text": ">> Yeah. Yeah. Basically, yeah. Yo yo yo."}, {"start": "00:26:24", "end": "00:26:28", "text": "Uh, Antonio"}, {"start": "00:26:25", "end": "00:26:30", "text": "asks a question."}, {"start": "00:26:28", "end": "00:26:32", "text": "Uh, but the question is a bit pleba"}, {"start": "00:26:30", "end": "00:26:34", "text": "question. Let me read it. Let me read"}, {"start": "00:26:32", "end": "00:26:36", "text": "it. Uh, but by the way, when you ask"}, {"start": "00:26:34", "end": "00:26:38", "text": "question guys, even if you donate, you"}, {"start": "00:26:36", "end": "00:26:40", "text": "tell me something plebbe, I need to call"}, {"start": "00:26:38", "end": "00:26:41", "text": "it out. So, he's saying bull market did"}, {"start": "00:26:40", "end": "00:26:43", "text": "not top on euphoria. Why are bears so"}, {"start": "00:26:41", "end": "00:26:45", "text": "surprised if bare market does not end in"}, {"start": "00:26:43", "end": "00:26:47", "text": "massive panic"}, {"start": "00:26:45", "end": "00:26:50", "text": "guys? I I don't I don't work in terms of"}, {"start": "00:26:47", "end": "00:26:52", "text": "euphoria. Okay. Uh I I I I don't work in"}, {"start": "00:26:50", "end": "00:26:53", "text": "terms of euphoria. Big shout out to"}, {"start": "00:26:52", "end": "00:26:55", "text": "Antonio by the way. Big shout out to"}, {"start": "00:26:53", "end": "00:26:58", "text": "Antonio. But Antonio, I need you to stop"}, {"start": "00:26:55", "end": "00:27:01", "text": "trying to re to to analyze whether it's"}, {"start": "00:26:58", "end": "00:27:04", "text": "euphoria or not because you see we're"}, {"start": "00:27:01", "end": "00:27:06", "text": "very very humble here and that to really"}, {"start": "00:27:04", "end": "00:27:08", "text": "think that you know what euphoria is and"}, {"start": "00:27:06", "end": "00:27:10", "text": "how you can calculate it is very bad."}, {"start": "00:27:08", "end": "00:27:12", "text": "It's very very bad. So whenever someone"}, {"start": "00:27:10", "end": "00:27:15", "text": "says, \"Oh, Ivan, we did not end on your"}, {"start": "00:27:12", "end": "00:27:17", "text": "poor uh how we know how we know because"}, {"start": "00:27:15", "end": "00:27:20", "text": "dog with hat went to five billion. Uh"}, {"start": "00:27:17", "end": "00:27:22", "text": "you had the whole meme season. You pan I"}, {"start": "00:27:20", "end": "00:27:25", "text": "mean we had many crazy in in the"}, {"start": "00:27:22", "end": "00:27:30", "text": "last bull market.\" Okay. So don't tell"}, {"start": "00:27:25", "end": "00:27:31", "text": "me anything about Euphoria. Euphoria."}, {"start": "00:27:30", "end": "00:27:33", "text": "You know the song. So don't tell me"}, {"start": "00:27:31", "end": "00:27:36", "text": "anything about Euphoria. Don't tell me"}, {"start": "00:27:33", "end": "00:27:38", "text": "anything about um any kind of this uh"}, {"start": "00:27:36", "end": "00:27:41", "text": "unquantifiable"}, {"start": "00:27:38", "end": "00:27:45", "text": "gut feeling kind of things. I don't work"}, {"start": "00:27:41", "end": "00:27:47", "text": "in euphoria. I work I work with the"}, {"start": "00:27:45", "end": "00:27:49", "text": "chart. You see that in this question"}, {"start": "00:27:47", "end": "00:27:51", "text": "when when when someone says that oh we"}, {"start": "00:27:49", "end": "00:27:53", "text": "did not top on euphoria. Well, it means"}, {"start": "00:27:51", "end": "00:27:54", "text": "that we're going to reach the 200 week"}, {"start": "00:27:53", "end": "00:27:56", "text": "moving average faster and we're going to"}, {"start": "00:27:54", "end": "00:27:59", "text": "go into the next bull trend faster which"}, {"start": "00:27:56", "end": "00:28:01", "text": "is exactly what happened. So all in all"}, {"start": "00:27:59", "end": "00:28:05", "text": "just follow the downtrend. Don't worry"}, {"start": "00:28:01", "end": "00:28:05", "text": "about euphoria. Euphoria."}, {"start": "00:28:05", "end": "00:28:09", "text": "Don't worry about Euphoria. Anyone knows"}, {"start": "00:28:07", "end": "00:28:11", "text": "the song? Can anyone guess guess the"}, {"start": "00:28:09", "end": "00:28:13", "text": "song? Don't worry about Euphoria. If you"}, {"start": "00:28:11", "end": "00:28:15", "text": "tell me anything about Oh, we did not"}, {"start": "00:28:13", "end": "00:28:17", "text": "talk on Euphor. I I know I I I know that"}, {"start": "00:28:15", "end": "00:28:19", "text": "you you're not really trading here. I I"}, {"start": "00:28:17", "end": "00:28:21", "text": "know you're not really putting money,"}, {"start": "00:28:19", "end": "00:28:24", "text": "you know. I I I know. Or you maybe got"}, {"start": "00:28:21", "end": "00:28:27", "text": "wrecked or something. Okay. [laughter]"}, {"start": "00:28:24", "end": "00:28:29", "text": "Because how you trade on euphoria? When"}, {"start": "00:28:27", "end": "00:28:32", "text": "you tell me that some that euphoria is"}, {"start": "00:28:29", "end": "00:28:33", "text": "like part of your equation, I know that"}, {"start": "00:28:32", "end": "00:28:34", "text": "you don't have stop- loss, you don't"}, {"start": "00:28:33", "end": "00:28:36", "text": "have take profit, you don't have"}, {"start": "00:28:34", "end": "00:28:38", "text": "discipline, you don't have anything"}, {"start": "00:28:36", "end": "00:28:40", "text": "because okay, you enter a trade based on"}, {"start": "00:28:38", "end": "00:28:42", "text": "euphoria. Okay, enter. Enter. Enter."}, {"start": "00:28:40", "end": "00:28:44", "text": "Enter. How you going to enter based on"}, {"start": "00:28:42", "end": "00:28:46", "text": "euphoria? You analyze euphoria. What's"}, {"start": "00:28:44", "end": "00:28:47", "text": "your trade? What's your entry? How you"}, {"start": "00:28:46", "end": "00:28:49", "text": "make how you calculate your entry based"}, {"start": "00:28:47", "end": "00:28:51", "text": "on euphoria? How you do your take profit"}, {"start": "00:28:49", "end": "00:28:54", "text": "or stop loss based on euphoria? No, you"}, {"start": "00:28:51", "end": "00:28:56", "text": "can't. So, it's only a pleb thing to"}, {"start": "00:28:54", "end": "00:28:57", "text": "even discuss it. Okay, are you"}, {"start": "00:28:56", "end": "00:28:59", "text": "understand? I I tell it with love. By"}, {"start": "00:28:57", "end": "00:29:01", "text": "the way, Antonio, big shout out. Big"}, {"start": "00:28:59", "end": "00:29:03", "text": "shout out. I love I love Antonio. Let's"}, {"start": "00:29:01", "end": "00:29:06", "text": "say we love Antonio. Can we say that in"}, {"start": "00:29:03", "end": "00:29:07", "text": "the comment section? We love Antonio."}, {"start": "00:29:06", "end": "00:29:10", "text": "I'm just telling you it is more"}, {"start": "00:29:07", "end": "00:29:11", "text": "infotainment. When people say euphoria,"}, {"start": "00:29:10", "end": "00:29:12", "text": "it's infotainment because there is no"}, {"start": "00:29:11", "end": "00:29:14", "text": "way you can enter a trade based on"}, {"start": "00:29:12", "end": "00:29:17", "text": "euphoria or lack of euphoria or enter a"}, {"start": "00:29:14", "end": "00:29:18", "text": "short based on euphoria. Many people,"}, {"start": "00:29:17", "end": "00:29:20", "text": "for example, they've been waiting for"}, {"start": "00:29:18", "end": "00:29:21", "text": "euphoria to short, but how you enter a"}, {"start": "00:29:20", "end": "00:29:23", "text": "short base, I don't know, man. I don't"}, {"start": "00:29:21", "end": "00:29:26", "text": "know, man. But I love Antonio. Thank you"}, {"start": "00:29:23", "end": "00:29:28", "text": "for bringing up this question because uh"}, {"start": "00:29:26", "end": "00:29:29", "text": "uh I don't I I I I I get uh freaking"}, {"start": "00:29:28", "end": "00:29:32", "text": "worked up when I see this, you know,"}, {"start": "00:29:29", "end": "00:29:34", "text": "euphoria. Oh, and and the reason I get"}, {"start": "00:29:32", "end": "00:29:35", "text": "worked up, guys, very worked up. I get"}, {"start": "00:29:34", "end": "00:29:38", "text": "extremely worked up when I hear this"}, {"start": "00:29:35", "end": "00:29:42", "text": "euphoria is because I know the losses"}, {"start": "00:29:38", "end": "00:29:45", "text": "people had in Q4 because they said"}, {"start": "00:29:42", "end": "00:29:47", "text": "because they said that uh there's no"}, {"start": "00:29:45", "end": "00:29:49", "text": "euphoria. There's no way it's at top"}, {"start": "00:29:47", "end": "00:29:52", "text": "because we didn't have euphoria. There's"}, {"start": "00:29:49", "end": "00:29:54", "text": "no way, Ivan. There's no way. When I"}, {"start": "00:29:52", "end": "00:29:55", "text": "became bare in October, the number one"}, {"start": "00:29:54", "end": "00:30:00", "text": "thing people said there's no euphoria."}, {"start": "00:29:55", "end": "00:30:00", "text": "So it cannot be a top euphoria."}, {"start": "00:30:00", "end": "00:30:05", "text": "You understand? Big problem for anyone"}, {"start": "00:30:03", "end": "00:30:08", "text": "who's been trying to analyze this"}, {"start": "00:30:05", "end": "00:30:11", "text": "euphoria. Big problem. We look at the"}, {"start": "00:30:08", "end": "00:30:13", "text": "number we're humble. See people that try"}, {"start": "00:30:11", "end": "00:30:15", "text": "people tell me sometimes I'm not humble"}, {"start": "00:30:13", "end": "00:30:18", "text": "but I'm the most humblest because I"}, {"start": "00:30:15", "end": "00:30:20", "text": "don't think I can analyze euphoria. Man,"}, {"start": "00:30:18", "end": "00:30:21", "text": "how you analyze euphoria? You really"}, {"start": "00:30:20", "end": "00:30:23", "text": "think you're so good to analyze your how"}, {"start": "00:30:21", "end": "00:30:24", "text": "you analyze it? I I don't know how you"}, {"start": "00:30:23", "end": "00:30:26", "text": "analyze it. I can tell you one thing."}, {"start": "00:30:24", "end": "00:30:28", "text": "Dog with hat went to five billion."}, {"start": "00:30:26", "end": "00:30:32", "text": "Freaking Peppa Shitcoin and other other"}, {"start": "00:30:28", "end": "00:30:35", "text": "we had Forkcoin. You remember we we"}, {"start": "00:30:32", "end": "00:30:37", "text": "uh we we were there with a fartcoin. I I"}, {"start": "00:30:35", "end": "00:30:39", "text": "don't know. It was a bit euphoria."}, {"start": "00:30:37", "end": "00:30:41", "text": "[laughter]"}, {"start": "00:30:39", "end": "00:30:43", "text": "We made money with fartcoin. It was not"}, {"start": "00:30:41", "end": "00:30:46", "text": "euphoria. [laughter] But okay, maybe it"}, {"start": "00:30:43", "end": "00:30:47", "text": "wasn't like 2017. But see, it's not"}, {"start": "00:30:46", "end": "00:30:49", "text": "useful. It's not useful. It's not"}, {"start": "00:30:47", "end": "00:30:50", "text": "useful. This euphoria not. Don't worry."}, {"start": "00:30:49", "end": "00:30:52", "text": "Don't worry. Big shout out to Antonio."}, {"start": "00:30:50", "end": "00:30:55", "text": "Thank you very much for nation and for"}, {"start": "00:30:52", "end": "00:30:57", "text": "the fantastic fantastic question. So we"}, {"start": "00:30:55", "end": "00:31:00", "text": "could attack it head on. We can crush"}, {"start": "00:30:57", "end": "00:31:02", "text": "crush this euphoria non euphoria head on"}, {"start": "00:31:00", "end": "00:31:05", "text": "as well. Don't worry about euphoria."}, {"start": "00:31:02", "end": "00:31:09", "text": "Worry only about the freaking price."}, {"start": "00:31:05", "end": "00:31:10", "text": "That's it. That's it. So uh sailor"}, {"start": "00:31:09", "end": "00:31:12", "text": "discount framing. Let's see what sailor"}, {"start": "00:31:10", "end": "00:31:15", "text": "is doing. Sailor discount. What's he"}, {"start": "00:31:12", "end": "00:31:18", "text": "doing? Billionaire Mike Sailor says the"}, {"start": "00:31:15", "end": "00:31:19", "text": "idea that you can buy Bitcoin at 80k is"}, {"start": "00:31:18", "end": "00:31:21", "text": "a joke."}, {"start": "00:31:19", "end": "00:31:23", "text": "Yeah. Okay. Maybe, maybe. But yeah, I"}, {"start": "00:31:21", "end": "00:31:24", "text": "mean, Sailor, listen. Sailor uh for"}, {"start": "00:31:23", "end": "00:31:26", "text": "trading, I don't know. He's been buying"}, {"start": "00:31:24", "end": "00:31:28", "text": "high and selling. He's been selling"}, {"start": "00:31:26", "end": "00:31:30", "text": "below 80K also. He's been selling below"}, {"start": "00:31:28", "end": "00:31:33", "text": "80K. So, yeah, I think we got the point"}, {"start": "00:31:30", "end": "00:31:35", "text": "here with um with ETF institution policy"}, {"start": "00:31:33", "end": "00:31:37", "text": "de and the basement. By the way,"}, {"start": "00:31:35", "end": "00:31:40", "text": "Treasury is going to deploy up to $1"}, {"start": "00:31:37", "end": "00:31:42", "text": "trillion into treasuries. So, keep an"}, {"start": "00:31:40", "end": "00:31:45", "text": "eye. Sana, people have been asking what"}, {"start": "00:31:42", "end": "00:31:48", "text": "about Sana? So Sana is officially in"}, {"start": "00:31:45", "end": "00:31:51", "text": "bull trend already since August 24th"}, {"start": "00:31:48", "end": "00:31:52", "text": "since two weeks ago up 10% since then."}, {"start": "00:31:51", "end": "00:31:56", "text": "Looking at what has been happening"}, {"start": "00:31:52", "end": "00:31:58", "text": "lately obviously they are waiting for we"}, {"start": "00:31:56", "end": "00:32:01", "text": "or more correctly we are waiting for"}, {"start": "00:31:58", "end": "00:32:03", "text": "some kind of uh you know come back will"}, {"start": "00:32:01", "end": "00:32:05", "text": "they have a tokenized stock? What's"}, {"start": "00:32:03", "end": "00:32:08", "text": "going to happen? Because now all of the"}, {"start": "00:32:05", "end": "00:32:10", "text": "attention is on uh Robin Hood. Okay. All"}, {"start": "00:32:08", "end": "00:32:12", "text": "of the attention is on Robin Hood. Let"}, {"start": "00:32:10", "end": "00:32:14", "text": "me quickly check the volume. Are they"}, {"start": "00:32:12", "end": "00:32:16", "text": "still leading or what's happening with"}, {"start": "00:32:14", "end": "00:32:19", "text": "Solana? The number one thing is to keep"}, {"start": "00:32:16", "end": "00:32:23", "text": "the lead in the volume in the trading."}, {"start": "00:32:19", "end": "00:32:28", "text": "So Sana over the last 24 hours is 7.6"}, {"start": "00:32:23", "end": "00:32:31", "text": "billion. Robin Hood is 2.3 billion. So"}, {"start": "00:32:28", "end": "00:32:33", "text": "if Sana starts losing this on a"}, {"start": "00:32:31", "end": "00:32:37", "text": "fundamental level, uh not too great. Not"}, {"start": "00:32:33", "end": "00:32:39", "text": "too great. Uh but is holding the lead"}, {"start": "00:32:37", "end": "00:32:41", "text": "and it is bull trend and we mainly care"}, {"start": "00:32:39", "end": "00:32:43", "text": "about trend and it's bull. So we're"}, {"start": "00:32:41", "end": "00:32:45", "text": "bullish soul. We're bullish soul and"}, {"start": "00:32:43", "end": "00:32:47", "text": "there is a a lot of u you know"}, {"start": "00:32:45", "end": "00:32:49", "text": "negativity towards Sana now that it's"}, {"start": "00:32:47", "end": "00:32:51", "text": "not really the attention of the meme"}, {"start": "00:32:49", "end": "00:32:53", "text": "this and that. So it could be a bit of a"}, {"start": "00:32:51", "end": "00:32:55", "text": "hated rally. But listen, we're bullish"}, {"start": "00:32:53", "end": "00:32:58", "text": "mainly because it's bullsh"}, {"start": "00:32:55", "end": "00:33:01", "text": "because of the leading and everything."}, {"start": "00:32:58", "end": "00:33:04", "text": "But if Sana starts to number one stall"}, {"start": "00:33:01", "end": "00:33:06", "text": "out in the price, number two if they"}, {"start": "00:33:04", "end": "00:33:09", "text": "start to become more and more like ETH"}, {"start": "00:33:06", "end": "00:33:12", "text": "Maxis became in 2022"}, {"start": "00:33:09", "end": "00:33:14", "text": "2023 where they said that Sana is you"}, {"start": "00:33:12", "end": "00:33:16", "text": "know a scam central you know whatever"}, {"start": "00:33:14", "end": "00:33:19", "text": "they said they were coping if they if"}, {"start": "00:33:16", "end": "00:33:21", "text": "Sana becomes like bankless you remember"}, {"start": "00:33:19", "end": "00:33:23", "text": "the bankless guys they said that Sana is"}, {"start": "00:33:21", "end": "00:33:24", "text": "bad it's a scam and then like at the"}, {"start": "00:33:23", "end": "00:33:27", "text": "peak of the market they became bull"}, {"start": "00:33:24", "end": "00:33:28", "text": "Solana and then it went uh you know we"}, {"start": "00:33:27", "end": "00:33:29", "text": "became bare"}, {"start": "00:33:28", "end": "00:33:31", "text": ">> [laughter]"}, {"start": "00:33:29", "end": "00:33:33", "text": ">> Solana cannot be that. And to be fair, I"}, {"start": "00:33:31", "end": "00:33:36", "text": "don't really see too much about of that."}, {"start": "00:33:33", "end": "00:33:37", "text": "I see Sana working very hard. So, uh"}, {"start": "00:33:36", "end": "00:33:40", "text": "they're not they're not really"}, {"start": "00:33:37", "end": "00:33:42", "text": "complaining about Robin Hood too much."}, {"start": "00:33:40", "end": "00:33:44", "text": "Uh but uh all in all, they they need to"}, {"start": "00:33:42", "end": "00:33:47", "text": "get the mojo back in terms of the number"}, {"start": "00:33:44", "end": "00:33:48", "text": "one attention for the new Pleba. I would"}, {"start": "00:33:47", "end": "00:33:51", "text": "say probably they are losing the the"}, {"start": "00:33:48", "end": "00:33:53", "text": "onboarding of new pleba of new retail."}, {"start": "00:33:51", "end": "00:33:57", "text": "they're losing onboarding because now"}, {"start": "00:33:53", "end": "00:33:59", "text": "they are they get onboarded into uh into"}, {"start": "00:33:57", "end": "00:34:01", "text": "Robin Hood instead. So that's number"}, {"start": "00:33:59", "end": "00:34:04", "text": "one. But number two, it is interesting"}, {"start": "00:34:01", "end": "00:34:08", "text": "how the onboarding may even not be"}, {"start": "00:34:04", "end": "00:34:11", "text": "connected so much to different uh uh"}, {"start": "00:34:08", "end": "00:34:13", "text": "different uh different chains. So for"}, {"start": "00:34:11", "end": "00:34:16", "text": "example, if you use the first link in"}, {"start": "00:34:13", "end": "00:34:19", "text": "description, it is a link to FOMO app."}, {"start": "00:34:16", "end": "00:34:21", "text": "So, if you use the FOMO app, by the way,"}, {"start": "00:34:19", "end": "00:34:24", "text": "using the first link in description,"}, {"start": "00:34:21", "end": "00:34:27", "text": "you're going to have uh the discount on"}, {"start": "00:34:24", "end": "00:34:30", "text": "all your fees. But FOMO is now like the"}, {"start": "00:34:27", "end": "00:34:31", "text": "gateway to both Robin Hood and Solan."}, {"start": "00:34:30", "end": "00:34:33", "text": "So, if you have the FOMO app, you trade"}, {"start": "00:34:31", "end": "00:34:36", "text": "on both. Okay? You trade on both. So,"}, {"start": "00:34:33", "end": "00:34:38", "text": "use the first link in description to get"}, {"start": "00:34:36", "end": "00:34:41", "text": "the discount. If you download the app,"}, {"start": "00:34:38", "end": "00:34:43", "text": "the FOMO app, use Ivan Tech code, invite"}, {"start": "00:34:41", "end": "00:34:46", "text": "code to get the big fat discount on"}, {"start": "00:34:43", "end": "00:34:48", "text": "fees. But here's an example where you"}, {"start": "00:34:46", "end": "00:34:51", "text": "know this competition for the pleba kind"}, {"start": "00:34:48", "end": "00:34:55", "text": "of moves to the up level now. Okay, FOMO"}, {"start": "00:34:51", "end": "00:34:57", "text": "they're the biggest for uh uh Robin Hood"}, {"start": "00:34:55", "end": "00:34:59", "text": "and also the biggest for now at least"}, {"start": "00:34:57", "end": "00:35:02", "text": "during the last months they they are the"}, {"start": "00:34:59", "end": "00:35:04", "text": "the venue basically the venue. So using"}, {"start": "00:35:02", "end": "00:35:05", "text": "the link below, get the discount. Of"}, {"start": "00:35:04", "end": "00:35:07", "text": "course, you support the channel if you"}, {"start": "00:35:05", "end": "00:35:09", "text": "do. And if you already have an account,"}, {"start": "00:35:07", "end": "00:35:11", "text": "delete it. Create a new one with our"}, {"start": "00:35:09", "end": "00:35:13", "text": "link. You get the discount. You support"}, {"start": "00:35:11", "end": "00:35:15", "text": "us. But uh win-winwin, but most"}, {"start": "00:35:13", "end": "00:35:18", "text": "importantly, you get uh the discount on"}, {"start": "00:35:15", "end": "00:35:20", "text": "in the bull market. Keep as much money"}, {"start": "00:35:18", "end": "00:35:22", "text": "as possible. Get the discounted fees."}, {"start": "00:35:20", "end": "00:35:25", "text": "It's good for you, good for us, good for"}, {"start": "00:35:22", "end": "00:35:29", "text": "everyone, good for this coffee. You use"}, {"start": "00:35:25", "end": "00:35:31", "text": "our link, we can buy more coffee."}, {"start": "00:35:29", "end": "00:35:34", "text": "mechanical rules very important. Don't"}, {"start": "00:35:31", "end": "00:35:35", "text": "get Rahul very important. Now speaking"}, {"start": "00:35:34", "end": "00:35:37", "text": "speaking about Raul big shout out to"}, {"start": "00:35:35", "end": "00:35:40", "text": "Raul by I mean now we're on the same"}, {"start": "00:35:37", "end": "00:35:44", "text": "page. We're on the same page. Uh Suie is"}, {"start": "00:35:40", "end": "00:35:44", "text": "Oh, how can Suie not go up? [laughter]"}, {"start": "00:35:45", "end": "00:35:48", "text": ">> [gasps]"}, {"start": "00:35:46", "end": "00:35:51", "text": ">> It's all I'm fascinated. How how can it"}, {"start": "00:35:48", "end": "00:35:54", "text": "not go up, guys? How can Suie still not"}, {"start": "00:35:51", "end": "00:35:56", "text": "go up? Soul bull trend, ETH bull, even"}, {"start": "00:35:54", "end": "00:35:58", "text": "if bull trend is still struggling, you"}, {"start": "00:35:56", "end": "00:36:01", "text": "know, to get above this low from uh"}, {"start": "00:35:58", "end": "00:36:03", "text": "March. So, I'm fascinated. I'm fas how"}, {"start": "00:36:01", "end": "00:36:04", "text": "can still not go up. It's crazy, man."}, {"start": "00:36:03", "end": "00:36:07", "text": "Now, we're going to be mega bull if it"}, {"start": "00:36:04", "end": "00:36:09", "text": "goes bull trend obviously. Uh but I I'm"}, {"start": "00:36:07", "end": "00:36:11", "text": "just just fascinated. How can it still"}, {"start": "00:36:09", "end": "00:36:14", "text": "not go up? [laughter]"}, {"start": "00:36:11", "end": "00:36:16", "text": "Hype hype. alltime high bull trend up"}, {"start": "00:36:14", "end": "00:36:19", "text": "125% since bull trend very very nice uh"}, {"start": "00:36:16", "end": "00:36:22", "text": "lighter up 241% since bull trend back in"}, {"start": "00:36:19", "end": "00:36:24", "text": "May continues the the ascent very very"}, {"start": "00:36:22", "end": "00:36:26", "text": "nice should we still have stuff like"}, {"start": "00:36:24", "end": "00:36:27", "text": "forcoin I don't even know if it's"}, {"start": "00:36:26", "end": "00:36:29", "text": "relevant but let's still keep it here in"}, {"start": "00:36:27", "end": "00:36:31", "text": "the watch list but yeah it's b it's bare"}, {"start": "00:36:29", "end": "00:36:33", "text": "trend but to be fair it looks better"}, {"start": "00:36:31", "end": "00:36:35", "text": "than sui is crazy guys that forcoin"}, {"start": "00:36:33", "end": "00:36:38", "text": "looks better than sui does for look"}, {"start": "00:36:35", "end": "00:36:43", "text": "better because far is above this low you"}, {"start": "00:36:38", "end": "00:36:47", "text": "can see this low is um uh uh we're above"}, {"start": "00:36:43", "end": "00:36:50", "text": "this low in uh in fartcoin and in sooie"}, {"start": "00:36:47", "end": "00:36:53", "text": "you see it's below this low in April. So"}, {"start": "00:36:50", "end": "00:36:55", "text": "if you bought fartcoin in this uh panic"}, {"start": "00:36:53", "end": "00:36:58", "text": "back in April, you would have more money"}, {"start": "00:36:55", "end": "00:37:00", "text": "than if you got if you got sui. Okay."}, {"start": "00:36:58", "end": "00:37:02", "text": "And you tried to save money on inflation"}, {"start": "00:37:00", "end": "00:37:04", "text": "or something. You thought in super cycle"}, {"start": "00:37:02", "end": "00:37:06", "text": "or whatever, you know. Very very I mean"}, {"start": "00:37:04", "end": "00:37:08", "text": "I'm fascinated. So that's why I don't"}, {"start": "00:37:06", "end": "00:37:11", "text": "want to remove force because it it's"}, {"start": "00:37:08", "end": "00:37:14", "text": "better than sui for now. So but still"}, {"start": "00:37:11", "end": "00:37:16", "text": "bad so we don't touch it."}, {"start": "00:37:14", "end": "00:37:18", "text": "Pray for Raul. Yeah. Big shout out. Even"}, {"start": "00:37:16", "end": "00:37:21", "text": "pulse is Guys, can you add"}, {"start": "00:37:18", "end": "00:37:23", "text": "your coin to freaking uh trading view?"}, {"start": "00:37:21", "end": "00:37:25", "text": "Well, why do I have to use this ghetto?"}, {"start": "00:37:23", "end": "00:37:28", "text": "Like, why is it so ghetto? Like, the"}, {"start": "00:37:25", "end": "00:37:31", "text": "whole chain is so ghetto pulse. Like,"}, {"start": "00:37:28", "end": "00:37:33", "text": "can you pulse? Okay, pulse, you know, I"}, {"start": "00:37:31", "end": "00:37:36", "text": "always have to find some ghetto ass"}, {"start": "00:37:33", "end": "00:37:38", "text": "thing, guys. Why are you so ghetto in"}, {"start": "00:37:36", "end": "00:37:41", "text": "all different ways? In all ways"}, {"start": "00:37:38", "end": "00:37:43", "text": "possible. Like, what is this? What is"}, {"start": "00:37:41", "end": "00:37:45", "text": "this pls? And you have to like, you"}, {"start": "00:37:43", "end": "00:37:47", "text": "know, you have to write like what is it?"}, {"start": "00:37:45", "end": "00:37:51", "text": "wrapped the dial. How to even find this"}, {"start": "00:37:47", "end": "00:37:53", "text": "crap? Okay, you [laughter] understand"}, {"start": "00:37:51", "end": "00:37:56", "text": "guys? Stop being so ghetto. You don't"}, {"start": "00:37:53", "end": "00:37:58", "text": "have a block explorer. Pal's guys don't"}, {"start": "00:37:56", "end": "00:38:00", "text": "even have a working block explorer. They"}, {"start": "00:37:58", "end": "00:38:02", "text": "have barely working anything. But they"}, {"start": "00:38:00", "end": "00:38:04", "text": "think they're at the top of the food."}, {"start": "00:38:02", "end": "00:38:04", "text": "[laughter]"}, {"start": "00:38:04", "end": "00:38:11", "text": "Coin is not findable. Block explorer not"}, {"start": "00:38:07", "end": "00:38:13", "text": "working. Nothing works. They got scammed"}, {"start": "00:38:11", "end": "00:38:15", "text": "with another sacrifice at the bottom of"}, {"start": "00:38:13", "end": "00:38:17", "text": "the bear. your messiah took your last"}, {"start": "00:38:15", "end": "00:38:21", "text": "money. I mean some gave him"}, {"start": "00:38:17", "end": "00:38:22", "text": "money for the other coin. Okay. Oh, but"}, {"start": "00:38:21", "end": "00:38:25", "text": "big shout out guys. Big shout. Big"}, {"start": "00:38:22", "end": "00:38:27", "text": "shout. Big shout. So what's happening?"}, {"start": "00:38:25", "end": "00:38:30", "text": "Uh there is some kind of security"}, {"start": "00:38:27", "end": "00:38:32", "text": "incident in uh liquid. I never liked"}, {"start": "00:38:30", "end": "00:38:35", "text": "liquid guys. Liquid it was pushed as"}, {"start": "00:38:32", "end": "00:38:38", "text": "some kind of you know uh bitcoin tech"}, {"start": "00:38:35", "end": "00:38:40", "text": "but really it's just blogstream's"}, {"start": "00:38:38", "end": "00:38:43", "text": "corporate thing. But anyway something"}, {"start": "00:38:40", "end": "00:38:45", "text": "happened here. 4,000 Bitcoin got stolen"}, {"start": "00:38:43", "end": "00:38:47", "text": "or it is white hat or something. You can"}, {"start": "00:38:45", "end": "00:38:49", "text": "read more. Um, yeah, price doesn't"}, {"start": "00:38:47", "end": "00:38:50", "text": "really react. So, I don't know if we"}, {"start": "00:38:49", "end": "00:38:53", "text": "should care too much, but uh you should"}, {"start": "00:38:50", "end": "00:38:57", "text": "know. Uh, now Bitcoin strong, Bitcoin"}, {"start": "00:38:53", "end": "00:38:58", "text": "bullish, bullish. Uh, oh yeah, some news"}, {"start": "00:38:57", "end": "00:39:00", "text": "about the guys. Let's see what's going"}, {"start": "00:38:58", "end": "00:39:03", "text": "to happen now when the stocks open"}, {"start": "00:39:00", "end": "00:39:04", "text": "because Jensen Huang said that GPT6"}, {"start": "00:39:03", "end": "00:39:07", "text": "Astra and let me know guys if you have"}, {"start": "00:39:04", "end": "00:39:10", "text": "tried it. I I'm still yet to try GPT 6"}, {"start": "00:39:07", "end": "00:39:12", "text": "Astra. Uh man, there with AI like"}, {"start": "00:39:10", "end": "00:39:14", "text": "there's like you have to try things"}, {"start": "00:39:12", "end": "00:39:16", "text": "every week there's something new. Uh but"}, {"start": "00:39:14", "end": "00:39:20", "text": "let's see actually if we see pre-market"}, {"start": "00:39:16", "end": "00:39:24", "text": "it hasn't opened yet but S&P 500 futures"}, {"start": "00:39:20", "end": "00:39:25", "text": "uh bullish good open green uh QQQ hasn't"}, {"start": "00:39:24", "end": "00:39:28", "text": "opened pre-market. Yeah, let's see maybe"}, {"start": "00:39:25", "end": "00:39:31", "text": "during Q&A they open premarket."}, {"start": "00:39:28", "end": "00:39:34", "text": "Uh but yeah, Jensen Huang said a AGI has"}, {"start": "00:39:31", "end": "00:39:37", "text": "arrived. I mean people are putting a lot"}, {"start": "00:39:34", "end": "00:39:39", "text": "of weight into this statement. AGI has"}, {"start": "00:39:37", "end": "00:39:43", "text": "arrived. Okay. Very interesting. Very"}, {"start": "00:39:39", "end": "00:39:44", "text": "interesting. Ah, it's Labor Day. Ah,"}, {"start": "00:39:43", "end": "00:39:46", "text": "[screaming]"}, {"start": "00:39:44", "end": "00:39:50", "text": "man. Oh, the American always got to be"}, {"start": "00:39:46", "end": "00:39:51", "text": "so special, man. The freaking America."}, {"start": "00:39:50", "end": "00:39:55", "text": "Why you got to be so There's no stock"}, {"start": "00:39:51", "end": "00:39:59", "text": "market today. Oh,"}, {"start": "00:39:55", "end": "00:40:02", "text": "guys, Labor Day is 1st of May."}, {"start": "00:39:59", "end": "00:40:05", "text": "That's Labor Day, not 7th September. But"}, {"start": "00:40:02", "end": "00:40:07", "text": "no, you America, you got to be special."}, {"start": "00:40:05", "end": "00:40:09", "text": "Everyone has one football. Oh, no. Oh,"}, {"start": "00:40:07", "end": "00:40:12", "text": "it's American food. It's another one."}, {"start": "00:40:09", "end": "00:40:15", "text": "Guys, Labor Day is not today. Not today."}, {"start": "00:40:12", "end": "00:40:19", "text": "You have your guys a fake one. Labor"}, {"start": "00:40:15", "end": "00:40:22", "text": "Day. All the commies, all the communist,"}, {"start": "00:40:19", "end": "00:40:25", "text": "all the socialist in the world know"}, {"start": "00:40:22", "end": "00:40:27", "text": "Labor Day is 1st of May. That's the big"}, {"start": "00:40:25", "end": "00:40:29", "text": "parade."}, {"start": "00:40:27", "end": "00:40:32", "text": "Look in the Soviet Union when Labor Day"}, {"start": "00:40:29", "end": "00:40:35", "text": "1 of May. Who knows the most about Labor"}, {"start": "00:40:32", "end": "00:40:40", "text": "Day? Soviet Union. The socialists in"}, {"start": "00:40:35", "end": "00:40:44", "text": "Europe. the socialist in Europe."}, {"start": "00:40:40", "end": "00:40:48", "text": "Okay. Not 7th of September. I remember 1"}, {"start": "00:40:44", "end": "00:40:49", "text": "of May. It is like red holiday. We had a"}, {"start": "00:40:48", "end": "00:40:51", "text": "day off and people Oh, no. What do you"}, {"start": "00:40:49", "end": "00:40:54", "text": "mean it's 7th of Sep? What do you mean?"}, {"start": "00:40:51", "end": "00:40:58", "text": "It's it's it's 1 of May. May 1st. Okay."}, {"start": "00:40:54", "end": "00:41:00", "text": "That's it. That's it."}, {"start": "00:40:58", "end": "00:41:04", "text": "But why are you guys even celebrating"}, {"start": "00:41:00", "end": "00:41:05", "text": "Labor Day in the US? US is capitalistic."}, {"start": "00:41:04", "end": "00:41:07", "text": "Capitalism. Have you guys heard about"}, {"start": "00:41:05", "end": "00:41:09", "text": "that? No. Because you forgot. You have"}, {"start": "00:41:07", "end": "00:41:12", "text": "mom Daniel now. You don't remember."}, {"start": "00:41:09", "end": "00:41:13", "text": "There is no Labor Day in the US. Or or"}, {"start": "00:41:12", "end": "00:41:16", "text": "at least if I would be Trump, I would"}, {"start": "00:41:13", "end": "00:41:20", "text": "actually remove it because Labor Day is"}, {"start": "00:41:16", "end": "00:41:22", "text": "the socialistic mind virus"}, {"start": "00:41:20", "end": "00:41:23", "text": "from the commis. And I'm telling you, I"}, {"start": "00:41:22", "end": "00:41:26", "text": "was born in Belarus. I know all about"}, {"start": "00:41:23", "end": "00:41:28", "text": "it. All of that big for guys. You don't"}, {"start": "00:41:26", "end": "00:41:32", "text": "need it. You need capitalism. You need"}, {"start": "00:41:28", "end": "00:41:33", "text": "capitalism day. Stock market day. That"}, {"start": "00:41:32", "end": "00:41:38", "text": "would be a great day, man. Stock market"}, {"start": "00:41:33", "end": "00:41:40", "text": "day. S&P 500 holiday."}, {"start": "00:41:38", "end": "00:41:40", "text": "[laughter]"}, {"start": "00:41:41", "end": "00:41:47", "text": "I I want share stock owner shareholder"}, {"start": "00:41:45", "end": "00:41:49", "text": "holiday. That's what I want. I don't"}, {"start": "00:41:47", "end": "00:41:50", "text": "want Labor Day. Labor because if you are"}, {"start": "00:41:49", "end": "00:41:54", "text": "laboring, you should get stock. Get"}, {"start": "00:41:50", "end": "00:41:56", "text": "stock. Get S&P 500. Let's go. Buy stock."}, {"start": "00:41:54", "end": "00:41:59", "text": "Buy. We should not have labor. We should"}, {"start": "00:41:56", "end": "00:42:02", "text": "have stock owner shareholder"}, {"start": "00:41:59", "end": "00:42:06", "text": "uh day. I think that's more portfolio"}, {"start": "00:42:02", "end": "00:42:08", "text": "day. many making money day trading day"}, {"start": "00:42:06", "end": "00:42:10", "text": "this kind of stuff this kind of anyway"}, {"start": "00:42:08", "end": "00:42:14", "text": "guys big big shout out to you if you are"}, {"start": "00:42:10", "end": "00:42:14", "text": "Labor Daying um anyway"}, {"start": "00:42:14", "end": "00:42:18", "text": "I I think we should have stock exchange"}, {"start": "00:42:16", "end": "00:42:20", "text": "day but but what you celebrate you know"}, {"start": "00:42:18", "end": "00:42:22", "text": "yeah there is this class conflict it"}, {"start": "00:42:20", "end": "00:42:25", "text": "doesn't exist anymore there's no class"}, {"start": "00:42:22", "end": "00:42:27", "text": "conflict okay you don't you don't need"}, {"start": "00:42:25", "end": "00:42:31", "text": "it be stock market day okay that's it"}, {"start": "00:42:27", "end": "00:42:31", "text": "that's it look here"}, {"start": "00:42:31", "end": "00:42:35", "text": "[laughter]"}, {"start": "00:42:32", "end": "00:42:37", "text": "Speaking about class conflict,"}, {"start": "00:42:35", "end": "00:42:38", "text": "maybe there is a bit of class conflict,"}, {"start": "00:42:37", "end": "00:42:40", "text": "guys. Maybe, maybe there is. Maybe there"}, {"start": "00:42:38", "end": "00:42:42", "text": "is. I mean, you tell me. President Trump"}, {"start": "00:42:40", "end": "00:42:45", "text": "says he made hundreds of billions of"}, {"start": "00:42:42", "end": "00:42:48", "text": "dollars from stocks for the US, not"}, {"start": "00:42:45", "end": "00:42:48", "text": "myself."}, {"start": "00:42:50", "end": "00:42:53", "text": "Maybe there is a bit of uh class"}, {"start": "00:42:51", "end": "00:42:56", "text": "conflict, guys. You tell me. You tell"}, {"start": "00:42:53", "end": "00:43:01", "text": "me. But uh anyway, [laughter]"}, {"start": "00:42:56", "end": "00:43:03", "text": "if back to um back to Nvidia,"}, {"start": "00:43:01", "end": "00:43:06", "text": "if AGI is really here, because you"}, {"start": "00:43:03", "end": "00:43:08", "text": "remember Nvidia CEO just said AJI is"}, {"start": "00:43:06", "end": "00:43:10", "text": "here because of GBT6."}, {"start": "00:43:08", "end": "00:43:11", "text": "Uh when the stock market opens tomorrow,"}, {"start": "00:43:10", "end": "00:43:13", "text": "something very interesting will happen."}, {"start": "00:43:11", "end": "00:43:14", "text": "Yeah, let's see what's going to happen."}, {"start": "00:43:13", "end": "00:43:16", "text": "But yeah, it's tomorrow, guys. It's"}, {"start": "00:43:14", "end": "00:43:18", "text": "Tuesday, so we have to wait a bit"}, {"start": "00:43:16", "end": "00:43:21", "text": "because of Labor Day. Labor Day is the"}, {"start": "00:43:18", "end": "00:43:23", "text": "day a bunch of workers strike for safer"}, {"start": "00:43:21", "end": "00:43:25", "text": "working conditions and were shot. Ah,"}, {"start": "00:43:23", "end": "00:43:28", "text": "got it. Got it. Got it. Yeah. Yeah."}, {"start": "00:43:25", "end": "00:43:31", "text": "Yeah. Got it. Got it. Got it. Yeah."}, {"start": "00:43:28", "end": "00:43:32", "text": "Listen, historical probably highly"}, {"start": "00:43:31", "end": "00:43:34", "text": "sensitive topic, but that's what we do"}, {"start": "00:43:32", "end": "00:43:38", "text": "on this channel, guys. That's what we do"}, {"start": "00:43:34", "end": "00:43:41", "text": "on this channel. Uh, yeah."}, {"start": "00:43:38", "end": "00:43:43", "text": "My sincere condolences and uh congrat"}, {"start": "00:43:41", "end": "00:43:46", "text": "congratulations on Labor Day. There you"}, {"start": "00:43:43", "end": "00:43:48", "text": "go. There you go."}, {"start": "00:43:46", "end": "00:43:51", "text": "There you go, guys."}, {"start": "00:43:48", "end": "00:43:53", "text": "You know, uh, but you're back Tuesday,"}, {"start": "00:43:51", "end": "00:43:55", "text": "so that's good. That's good. That's"}, {"start": "00:43:53", "end": "00:43:59", "text": "good. Anyway, on a serious note,"}, {"start": "00:43:55", "end": "00:44:02", "text": "everyone who's celebrating Labor Day,"}, {"start": "00:43:59", "end": "00:44:03", "text": "congratulations. And uh, let's get back"}, {"start": "00:44:02", "end": "00:44:04", "text": "to work tomorrow. That's it. You're back"}, {"start": "00:44:03", "end": "00:44:08", "text": "to work tomorrow. Stock market back"}, {"start": "00:44:04", "end": "00:44:13", "text": "tomorrow. Fantastic. So, Zcat, I bought"}, {"start": "00:44:08", "end": "00:44:17", "text": "Zcat yesterday, says [snorts] Ansam."}, {"start": "00:44:13", "end": "00:44:21", "text": "I've already received 1K Zcash in"}, {"start": "00:44:17", "end": "00:44:24", "text": "dividend from holding the anonymous cat."}, {"start": "00:44:21", "end": "00:44:28", "text": "Interesting. Zcash holders are typically"}, {"start": "00:44:24", "end": "00:44:30", "text": "a complete desperate desperate desperate"}, {"start": "00:44:28", "end": "00:44:32", "text": "different group from memecoiners. Zcat"}, {"start": "00:44:30", "end": "00:44:33", "text": "bridging a very large gap. That's"}, {"start": "00:44:32", "end": "00:44:35", "text": "interesting, man. That's interesting."}, {"start": "00:44:33", "end": "00:44:37", "text": "It's I hope it's on Sana. If he's if"}, {"start": "00:44:35", "end": "00:44:39", "text": "Anson is it, I guess it's on"}, {"start": "00:44:37", "end": "00:44:41", "text": "Sana. I guess it's on Solana. Let me"}, {"start": "00:44:39", "end": "00:44:45", "text": "see. Zcat."}, {"start": "00:44:41", "end": "00:44:48", "text": "Zcat. Zcat"}, {"start": "00:44:45", "end": "00:44:53", "text": "anonymous cat."}, {"start": "00:44:48", "end": "00:44:58", "text": "Yes, it's on Salana. Good. Uh,"}, {"start": "00:44:53", "end": "00:45:02", "text": "let's see. ZCAT. Anonymous cat."}, {"start": "00:44:58", "end": "00:45:05", "text": "Anonymous cat paired with Zcash."}, {"start": "00:45:02", "end": "00:45:10", "text": "There you go."}, {"start": "00:45:05", "end": "00:45:12", "text": "A 3% transfer tax on uh on the uh"}, {"start": "00:45:10", "end": "00:45:15", "text": "transactions."}, {"start": "00:45:12", "end": "00:45:17", "text": "And it goes to holders in Zcash. There"}, {"start": "00:45:15", "end": "00:45:19", "text": "you go."}, {"start": "00:45:17", "end": "00:45:21", "text": "The volume. Oh, yeah. Bought back in"}, {"start": "00:45:19", "end": "00:45:23", "text": "bird 21K. There you go, guys. Listen,"}, {"start": "00:45:21", "end": "00:45:25", "text": "let's go to Q&A"}, {"start": "00:45:23", "end": "00:45:26", "text": "questions, answers, debates,"}, {"start": "00:45:25", "end": "00:45:28", "text": "discussions. Let's go as soon as"}, {"start": "00:45:26", "end": "00:45:30", "text": "possible."}, {"start": "00:45:28", "end": "00:45:31", "text": "Man, that message about labor kind of"}, {"start": "00:45:30", "end": "00:45:33", "text": "ruined my mood here. Why? Why? Why you"}, {"start": "00:45:31", "end": "00:45:35", "text": "bringing up the sad fact? Why bring up"}, {"start": "00:45:33", "end": "00:45:37", "text": "sad fact? We were such on a roll here,"}, {"start": "00:45:35", "end": "00:45:41", "text": "you"}, {"start": "00:45:37", "end": "00:45:43", "text": "celebrating the bull market."}, {"start": "00:45:41", "end": "00:45:45", "text": "Why I got to bring up the sad fact? Why"}, {"start": "00:45:43", "end": "00:45:47", "text": "why why"}, {"start": "00:45:45", "end": "00:45:49", "text": "could you Okay, let's bring back the"}, {"start": "00:45:47", "end": "00:45:52", "text": "energy. That's it. Moving on. Could you"}, {"start": "00:45:49", "end": "00:45:53", "text": "look at Service Now chart? I'm"}, {"start": "00:45:52", "end": "00:45:55", "text": "wondering. Big shout out to to DAB, by"}, {"start": "00:45:53", "end": "00:45:59", "text": "the way. Big shout out to DAB. Big shout"}, {"start": "00:45:55", "end": "00:46:00", "text": "out to Dab. I'm wondering what your"}, {"start": "00:45:59", "end": "00:46:05", "text": "thoughts are about it. Let's see."}, {"start": "00:46:00", "end": "00:46:05", "text": "Service Now. Service Now."}, {"start": "00:46:06", "end": "00:46:12", "text": "Uh, very good. Very good chart. Bull"}, {"start": "00:46:09", "end": "00:46:13", "text": "trend. new bull trend"}, {"start": "00:46:12", "end": "00:46:17", "text": "a bit of resistance here at the 200"}, {"start": "00:46:13", "end": "00:46:21", "text": "moving average. Uh let's see here we can"}, {"start": "00:46:17", "end": "00:46:23", "text": "get 22% just going back to this um uh"}, {"start": "00:46:21", "end": "00:46:25", "text": "previous res uh previous previous"}, {"start": "00:46:23", "end": "00:46:30", "text": "support which is now resistance and all"}, {"start": "00:46:25", "end": "00:46:33", "text": "in all coming to alltime highs 63%."}, {"start": "00:46:30", "end": "00:46:34", "text": "So chart looking good and it just has to"}, {"start": "00:46:33", "end": "00:46:38", "text": "get above the 200 moving average"}, {"start": "00:46:34", "end": "00:46:38", "text": "otherwise looking very very good."}, {"start": "00:46:39", "end": "00:46:44", "text": "Ivan I want 30 sana bull trend happened."}, {"start": "00:46:42", "end": "00:46:47", "text": "Bull trend happened right here. No more"}, {"start": "00:46:44", "end": "00:46:49", "text": "30 salana. The dream of 30 salana died"}, {"start": "00:46:47", "end": "00:46:54", "text": "right here when the bull trend happened"}, {"start": "00:46:49", "end": "00:46:56", "text": "at $95 for soul."}, {"start": "00:46:54", "end": "00:46:59", "text": "Maybe in the next bear we can get it so"}, {"start": "00:46:56", "end": "00:46:59", "text": "cheap. Probably not."}, {"start": "00:47:00", "end": "00:47:07", "text": "Uh, how do you feel about"}, {"start": "00:47:04", "end": "00:47:09", "text": "what V? What is it? Is the old boomer?"}, {"start": "00:47:07", "end": "00:47:11", "text": "What is this? Vcash. What is this? The V"}, {"start": "00:47:09", "end": "00:47:13", "text": "chain. Vchain. Why you ask about it now?"}, {"start": "00:47:11", "end": "00:47:15", "text": "Is it still alive? It's one of these"}, {"start": "00:47:13", "end": "00:47:18", "text": "dino coins from 2017. Well, okay. Okay."}, {"start": "00:47:15", "end": "00:47:21", "text": "Okay. I understand. Okay. Okay. Okay."}, {"start": "00:47:18", "end": "00:47:24", "text": "Okay. Okay. Okay. Okay. I mean, just"}, {"start": "00:47:21", "end": "00:47:26", "text": "based on the chart,"}, {"start": "00:47:24", "end": "00:47:26", "text": "I mean, it it looks quite good"}, {"start": "00:47:26", "end": "00:47:28", "text": "[laughter]"}, {"start": "00:47:26", "end": "00:47:30", "text": "just based on the chart. There's a new"}, {"start": "00:47:28", "end": "00:47:32", "text": "bull trend. It it got above this"}, {"start": "00:47:30", "end": "00:47:34", "text": "resistance is bull market. So you know"}, {"start": "00:47:32", "end": "00:47:36", "text": "the next support uh the next resistance"}, {"start": "00:47:34", "end": "00:47:40", "text": "is the previous support here at"}, {"start": "00:47:36", "end": "00:47:42", "text": "basically 100 81."}, {"start": "00:47:40", "end": "00:47:47", "text": "I mean not bad man. Not bad. Like the"}, {"start": "00:47:42", "end": "00:47:49", "text": "problem here you may have is uh the"}, {"start": "00:47:47", "end": "00:47:51", "text": "if it's yeah just a few people pumping"}, {"start": "00:47:49", "end": "00:47:55", "text": "it. But yeah Melissa it's uh not too"}, {"start": "00:47:51", "end": "00:47:56", "text": "bad. Actually not too bad actually quite"}, {"start": "00:47:55", "end": "00:47:58", "text": "okay. What's happening with V? I mean,"}, {"start": "00:47:56", "end": "00:48:01", "text": "there's there's still uh this is where"}, {"start": "00:47:58", "end": "00:48:04", "text": "this is where Bull Mania AI is so nice."}, {"start": "00:48:01", "end": "00:48:06", "text": "Uh because here's a good example of a"}, {"start": "00:48:04", "end": "00:48:08", "text": "chart where it looks good, but I want to"}, {"start": "00:48:06", "end": "00:48:09", "text": "have more context. In this case, I don't"}, {"start": "00:48:08", "end": "00:48:11", "text": "want to be buying if there's, you know,"}, {"start": "00:48:09", "end": "00:48:15", "text": "some Chinese market maker just pushing"}, {"start": "00:48:11", "end": "00:48:18", "text": "them. What's the latest"}, {"start": "00:48:15", "end": "00:48:22", "text": "on Vchain?"}, {"start": "00:48:18", "end": "00:48:27", "text": "How is the community"}, {"start": "00:48:22", "end": "00:48:30", "text": "uh is the buy pressure organic? Let's"}, {"start": "00:48:27", "end": "00:48:30", "text": "see."}, {"start": "00:48:31", "end": "00:48:36", "text": "Uh I know is kind of endorsing anything"}, {"start": "00:48:34", "end": "00:48:38", "text": "that competes against Ada. Ah, you're"}, {"start": "00:48:36", "end": "00:48:40", "text": "overanalyzing, man. You know, it's the"}, {"start": "00:48:38", "end": "00:48:41", "text": "emotional dudes. Now they got Midnight."}, {"start": "00:48:40", "end": "00:48:43", "text": "He's relative heavy. Oh man, no one"}, {"start": "00:48:41", "end": "00:48:45", "text": "cares about Ada. I can tell you I can"}, {"start": "00:48:43", "end": "00:48:46", "text": "tell for sure. Vitalik does not care"}, {"start": "00:48:45", "end": "00:48:49", "text": "about Ada. [laughter]"}, {"start": "00:48:46", "end": "00:48:51", "text": "I can tell you 100%. The last thing"}, {"start": "00:48:49", "end": "00:48:53", "text": "Vitali cares about is to like support"}, {"start": "00:48:51", "end": "00:48:56", "text": "coins just because they're anti-A. You"}, {"start": "00:48:53", "end": "00:48:58", "text": "guys have a main character uh syndrome"}, {"start": "00:48:56", "end": "00:49:00", "text": "because literally no one cares about"}, {"start": "00:48:58", "end": "00:49:02", "text": "Ada. There's there are no users there."}, {"start": "00:49:00", "end": "00:49:04", "text": "There are no users. Charles is the only"}, {"start": "00:49:02", "end": "00:49:07", "text": "pumpamental left. Uh chain, no one uses"}, {"start": "00:49:04", "end": "00:49:08", "text": "chain. No one uses the chain. U Charles"}, {"start": "00:49:07", "end": "00:49:11", "text": "is the one that is still, you know,"}, {"start": "00:49:08", "end": "00:49:12", "text": "pumpal. And he launched a new coin,"}, {"start": "00:49:11", "end": "00:49:15", "text": "Midnight, which is now stealing buy"}, {"start": "00:49:12", "end": "00:49:18", "text": "pressure from Adam. So, you know,"}, {"start": "00:49:15", "end": "00:49:20", "text": "thinking that Vitalik, you know,"}, {"start": "00:49:18", "end": "00:49:22", "text": "Vitalik, he has the second biggest coin."}, {"start": "00:49:20", "end": "00:49:25", "text": "Where is Ada? Where is Ada? No, no one"}, {"start": "00:49:22", "end": "00:49:29", "text": "cares. That he would actively think"}, {"start": "00:49:25", "end": "00:49:31", "text": "about Ada so much that he chooses to"}, {"start": "00:49:29", "end": "00:49:33", "text": "support coins that compete with Ada. And"}, {"start": "00:49:31", "end": "00:49:35", "text": "this like his mission because this will"}, {"start": "00:49:33", "end": "00:49:38", "text": "require a lot of thought process, you"}, {"start": "00:49:35", "end": "00:49:40", "text": "know, to decide which coins are against"}, {"start": "00:49:38", "end": "00:49:43", "text": "Ada. Okay, let me find narratives to"}, {"start": "00:49:40", "end": "00:49:48", "text": "push the Oh, you think Vitalik does it"}, {"start": "00:49:43", "end": "00:49:50", "text": "because he has a conflict with Ada."}, {"start": "00:49:48", "end": "00:49:50", "text": "[laughter]"}, {"start": "00:49:51", "end": "00:49:55", "text": "Oh, guys, I mean you you you think"}, {"start": "00:49:53", "end": "00:49:57", "text": "highly of yourself. You you think very"}, {"start": "00:49:55", "end": "00:49:58", "text": "highly of yourself, which is good"}, {"start": "00:49:57", "end": "00:49:59", "text": "sometimes. I mean, sometimes you got to"}, {"start": "00:49:58", "end": "00:50:01", "text": "be humble. Sometimes you got to think"}, {"start": "00:49:59", "end": "00:50:02", "text": "highly of yourself. But you guys, I"}, {"start": "00:50:01", "end": "00:50:04", "text": "mean, take it easy, man. Vitalik is not"}, {"start": "00:50:02", "end": "00:50:06", "text": "thinking about you. I can almost assure"}, {"start": "00:50:04", "end": "00:50:09", "text": "you that Vitalik is not thinking about"}, {"start": "00:50:06", "end": "00:50:12", "text": "Charles or Ada or whatever. Okay. Now"}, {"start": "00:50:09", "end": "00:50:14", "text": "look here guys. Uh Vcash V sorry VCash."}, {"start": "00:50:12", "end": "00:50:18", "text": "Vchain. Vchain. Vchain. What's happening"}, {"start": "00:50:14", "end": "00:50:20", "text": "daytoday? Uh 100 1.2K new guys. I don't"}, {"start": "00:50:18", "end": "00:50:22", "text": "know anyone who uses Vchain. I don't"}, {"start": "00:50:20", "end": "00:50:24", "text": "know who is using it. I I thought it was"}, {"start": "00:50:22", "end": "00:50:26", "text": "supply chain. I thought some kind of"}, {"start": "00:50:24", "end": "00:50:28", "text": "supply chain but I it's kind of"}, {"start": "00:50:26", "end": "00:50:31", "text": "impressive that they're still here."}, {"start": "00:50:28", "end": "00:50:34", "text": "Okay. Uh wallet. Some wallet. Some"}, {"start": "00:50:31", "end": "00:50:37", "text": "wallet. Uh yeah because hype I believe."}, {"start": "00:50:34", "end": "00:50:40", "text": "Okay. So what's happening? What are they"}, {"start": "00:50:37", "end": "00:50:42", "text": "building? supply chain"}, {"start": "00:50:40", "end": "00:50:43", "text": "real world problem supply you see how"}, {"start": "00:50:42", "end": "00:50:45", "text": "few likes like no one cares about the V"}, {"start": "00:50:43", "end": "00:50:47", "text": "chain but price is there price is there"}, {"start": "00:50:45", "end": "00:50:50", "text": "maybe it's opportunity sports narrative"}, {"start": "00:50:47", "end": "00:50:52", "text": "XRP but guys listen the the the chart is"}, {"start": "00:50:50", "end": "00:50:55", "text": "not bad for Vcash sorry Vchain Vchain"}, {"start": "00:50:52", "end": "00:50:58", "text": "Vchain Vchain remember Vchain Vchain my"}, {"start": "00:50:55", "end": "00:51:01", "text": "brain forgot it from 2017 this is 2017"}, {"start": "00:50:58", "end": "00:51:06", "text": "kind of uh millionaire making maker"}, {"start": "00:51:01", "end": "00:51:07", "text": "um so Vchain not Vcash Zcash is so stuck"}, {"start": "00:51:06", "end": "00:51:09", "text": "in my brain"}, {"start": "00:51:07", "end": "00:51:13", "text": "Vchain. Vchain. Yeah. So, uh,"}, {"start": "00:51:09", "end": "00:51:15", "text": "Interstellar voted in main mainet hard"}, {"start": "00:51:13", "end": "00:51:17", "text": "fork. Okay."}, {"start": "00:51:15", "end": "00:51:19", "text": "But see, no one cares. It's like 11 like"}, {"start": "00:51:17", "end": "00:51:22", "text": "what is it?"}, {"start": "00:51:19", "end": "00:51:25", "text": "No one cares about it."}, {"start": "00:51:22", "end": "00:51:25", "text": "No"}, {"start": "00:51:26", "end": "00:51:30", "text": "large story. Yes. Yes. I I don't know"}, {"start": "00:51:28", "end": "00:51:32", "text": "what they're doing. I mean, they're not"}, {"start": "00:51:30", "end": "00:51:34", "text": "they're doing they have new wallets and"}, {"start": "00:51:32", "end": "00:51:35", "text": "they have new update and that's it. So,"}, {"start": "00:51:34", "end": "00:51:36", "text": "I'm not I'm not too excited about the"}, {"start": "00:51:35", "end": "00:51:39", "text": "narrative, but listen, I'm very excited"}, {"start": "00:51:36", "end": "00:51:41", "text": "about the chart. The chart is The chart"}, {"start": "00:51:39", "end": "00:51:43", "text": "is not bad, guys. It's not bad."}, {"start": "00:51:41", "end": "00:51:45", "text": "Personally, I will not be taking the"}, {"start": "00:51:43", "end": "00:51:46", "text": "trade, but if you take it, yeah, I think"}, {"start": "00:51:45", "end": "00:51:48", "text": "it's a good trade. I think it's a good"}, {"start": "00:51:46", "end": "00:51:50", "text": "trade."}, {"start": "00:51:48", "end": "00:51:51", "text": "It's not a bad trade. I think it's kind"}, {"start": "00:51:50", "end": "00:51:55", "text": "I mean, serious, there's no resistance"}, {"start": "00:51:51", "end": "00:51:56", "text": "until here. I think this trade is quite"}, {"start": "00:51:55", "end": "00:52:00", "text": "interesting. There is no resistance"}, {"start": "00:51:56", "end": "00:52:02", "text": "until this high. Uh the only danger"}, {"start": "00:52:00", "end": "00:52:03", "text": "again is this Chinese. They just pump it"}, {"start": "00:52:02", "end": "00:52:05", "text": "to make it look nice, then dump it. At"}, {"start": "00:52:03", "end": "00:52:08", "text": "the same time, Bitcoin is bull trend"}, {"start": "00:52:05", "end": "00:52:12", "text": "now. Uh, Vchain"}, {"start": "00:52:08", "end": "00:52:13", "text": "did pump last cycle here in 2024. So, oh"}, {"start": "00:52:12", "end": "00:52:15", "text": "yeah, that's another thing I want to"}, {"start": "00:52:13", "end": "00:52:18", "text": "check. Let me check how it did the last"}, {"start": "00:52:15", "end": "00:52:18", "text": "cycle."}, {"start": "00:52:19", "end": "00:52:24", "text": "So, uh,"}, {"start": "00:52:21", "end": "00:52:27", "text": "yeah, pumped in 21 got in here fully"}, {"start": "00:52:24", "end": "00:52:27", "text": "collapsed."}, {"start": "00:52:28", "end": "00:52:31", "text": "I mean, guys, all in all, not too bad."}, {"start": "00:52:29", "end": "00:52:37", "text": "Not too bad. actually quite good chart"}, {"start": "00:52:31", "end": "00:52:39", "text": "wise uh for V chain quite good"}, {"start": "00:52:37", "end": "00:52:41", "text": "quite good"}, {"start": "00:52:39", "end": "00:52:43", "text": "thanks for bringing us to our attention"}, {"start": "00:52:41", "end": "00:52:47", "text": "fantastic [snorts]"}, {"start": "00:52:43", "end": "00:52:49", "text": "fantastic love the show uh any"}, {"start": "00:52:47", "end": "00:52:50", "text": "information would you take a look at"}, {"start": "00:52:49", "end": "00:52:53", "text": "theta okay another one of this dino"}, {"start": "00:52:50", "end": "00:52:56", "text": "stuff let's see what's happening theta"}, {"start": "00:52:53", "end": "00:52:58", "text": "but maybe is the same with bull trend"}, {"start": "00:52:56", "end": "00:52:59", "text": "see still not bull trend but if it goes"}, {"start": "00:52:58", "end": "00:53:01", "text": "bull trend it's kind of similar to"}, {"start": "00:52:59", "end": "00:53:03", "text": "vchain It's what these dino things that"}, {"start": "00:53:01", "end": "00:53:05", "text": "dumped so much in the bear now that they"}, {"start": "00:53:03", "end": "00:53:07", "text": "go bull trend. Let's say this thing goes"}, {"start": "00:53:05", "end": "00:53:08", "text": "bull trend. It has very nice here until"}, {"start": "00:53:07", "end": "00:53:10", "text": "basically the same upside. Oh, sorry."}, {"start": "00:53:08", "end": "00:53:12", "text": "You don't see it's basically the same"}, {"start": "00:53:10", "end": "00:53:14", "text": "upside as"}, {"start": "00:53:12", "end": "00:53:17", "text": "the V chain. So, theta here looks quite"}, {"start": "00:53:14", "end": "00:53:20", "text": "good. If it can go bull trend, if it can"}, {"start": "00:53:17", "end": "00:53:22", "text": "go bull trend, then fantastic. It's you"}, {"start": "00:53:20", "end": "00:53:24", "text": "see here from the bull flip to here 174"}, {"start": "00:53:22", "end": "00:53:26", "text": "just to the next resistance and to"}, {"start": "00:53:24", "end": "00:53:29", "text": "alltime high obviously a bit higher. But"}, {"start": "00:53:26", "end": "00:53:31", "text": "see this is the good thing with being"}, {"start": "00:53:29", "end": "00:53:34", "text": "bullish shitcoins now because bitcoin"}, {"start": "00:53:31", "end": "00:53:36", "text": "just went bull. So shitcoins now also"}, {"start": "00:53:34", "end": "00:53:40", "text": "will start to go bull and most of them"}, {"start": "00:53:36", "end": "00:53:42", "text": "look like this. They have a big fall uh"}, {"start": "00:53:40", "end": "00:53:44", "text": "and on the way back this fall is going"}, {"start": "00:53:42", "end": "00:53:46", "text": "to be erased quite fast if they can go"}, {"start": "00:53:44", "end": "00:53:48", "text": "bullshan. That's the only thing they"}, {"start": "00:53:46", "end": "00:53:50", "text": "need to go bullshan first. Tao let's see"}, {"start": "00:53:48", "end": "00:53:53", "text": "did they continues the bull. It is"}, {"start": "00:53:50", "end": "00:53:55", "text": "bullish but it kind of like slow bull."}, {"start": "00:53:53", "end": "00:53:57", "text": "So here I I needed to go above the"}, {"start": "00:53:55", "end": "00:54:00", "text": "yellow line. The same analysis as uh"}, {"start": "00:53:57", "end": "00:54:02", "text": "before we did it. Algo. Algo. Oh, let's"}, {"start": "00:54:00", "end": "00:54:05", "text": "let's check Algo and then Celestia. Uh"}, {"start": "00:54:02", "end": "00:54:06", "text": "Celestia also dumped so much. Algo, you"}, {"start": "00:54:05", "end": "00:54:09", "text": "see yourself nothing to discuss."}, {"start": "00:54:06", "end": "00:54:11", "text": "Bertran. Celestia. Let's go. Let's move"}, {"start": "00:54:09", "end": "00:54:13", "text": "faster here because if it's just"}, {"start": "00:54:11", "end": "00:54:17", "text": "Bertrren, I will show you and move on."}, {"start": "00:54:13", "end": "00:54:18", "text": "Celestia is also Bertran. I guys here I"}, {"start": "00:54:17", "end": "00:54:22", "text": "just want to highlight something that"}, {"start": "00:54:18", "end": "00:54:26", "text": "Celestia has dumped so much so much like"}, {"start": "00:54:22", "end": "00:54:29", "text": "insanely much it goes bull trend let's"}, {"start": "00:54:26", "end": "00:54:32", "text": "look the gains until basically all of"}, {"start": "00:54:29", "end": "00:54:34", "text": "them have 170% until the next resistance"}, {"start": "00:54:32", "end": "00:54:36", "text": "here but that's just the next resistance"}, {"start": "00:54:34", "end": "00:54:38", "text": "I mean to go back here is going to do"}, {"start": "00:54:36", "end": "00:54:40", "text": "like 3,900"}, {"start": "00:54:38", "end": "00:54:42", "text": "[laughter] if it goes back to alltime"}, {"start": "00:54:40", "end": "00:54:46", "text": "high which it doesn't have to do I mean"}, {"start": "00:54:42", "end": "00:54:48", "text": "for this is the best thing with not"}, {"start": "00:54:46", "end": "00:54:50", "text": "uh being a bag holder just you see I"}, {"start": "00:54:48", "end": "00:54:52", "text": "mean some poor plebber held it all the"}, {"start": "00:54:50", "end": "00:54:54", "text": "way down and now he needs for it to"}, {"start": "00:54:52", "end": "00:54:55", "text": "recover we don't even need for it to"}, {"start": "00:54:54", "end": "00:54:58", "text": "recover I mean we just need to take a"}, {"start": "00:54:55", "end": "00:55:00", "text": "few trades here you have a nice trade if"}, {"start": "00:54:58", "end": "00:55:01", "text": "it continues you have here I mean what"}, {"start": "00:55:00", "end": "00:55:04", "text": "you you can take the profits along the"}, {"start": "00:55:01", "end": "00:55:06", "text": "way here uh and if it goes back great"}, {"start": "00:55:04", "end": "00:55:08", "text": "but we don't have we don't need it to go"}, {"start": "00:55:06", "end": "00:55:11", "text": "back to alltime high because we don't"}, {"start": "00:55:08", "end": "00:55:14", "text": "huddle crap in bare trend so that's it"}, {"start": "00:55:11", "end": "00:55:16", "text": "and now in the in the new bull we"}, {"start": "00:55:14", "end": "00:55:18", "text": "endless opportunities because we pick"}, {"start": "00:55:16", "end": "00:55:21", "text": "and choose whatever looks good. Which"}, {"start": "00:55:18", "end": "00:55:24", "text": "chart dumped 90 99%. We enter the plebe"}, {"start": "00:55:21", "end": "00:55:25", "text": "needs it to go back to full to recover"}, {"start": "00:55:24", "end": "00:55:27", "text": "fully. We don't even need I mean we're"}, {"start": "00:55:25", "end": "00:55:30", "text": "going to dump on their ass. Here's the"}, {"start": "00:55:27", "end": "00:55:32", "text": "thing. We're going to dump on their ass"}, {"start": "00:55:30", "end": "00:55:34", "text": "to take profit. They're begging, please"}, {"start": "00:55:32", "end": "00:55:36", "text": "come back to alltime high. Please man,"}, {"start": "00:55:34", "end": "00:55:38", "text": "we enter the low bump. We take profit."}, {"start": "00:55:36", "end": "00:55:40", "text": "We dump we dump on them. And they they"}, {"start": "00:55:38", "end": "00:55:42", "text": "want to maybe it's going to happen."}, {"start": "00:55:40", "end": "00:55:43", "text": "Maybe not. Maybe not. Let's see. we're"}, {"start": "00:55:42", "end": "00:55:45", "text": "going to make so much money even before"}, {"start": "00:55:43", "end": "00:55:47", "text": "it returns to alltime high. Uh which is"}, {"start": "00:55:45", "end": "00:55:48", "text": "kind of the problem for the play but I'm"}, {"start": "00:55:47", "end": "00:55:50", "text": "telling you this is the problem when you"}, {"start": "00:55:48", "end": "00:55:52", "text": "hold down so much and that's that in the"}, {"start": "00:55:50", "end": "00:55:54", "text": "next bull new traders come in for"}, {"start": "00:55:52", "end": "00:55:56", "text": "example people that know mechanical"}, {"start": "00:55:54", "end": "00:55:59", "text": "rules in bull mania you guys I mean"}, {"start": "00:55:56", "end": "00:56:00", "text": "everyone has a brain and actually uses"}, {"start": "00:55:59", "end": "00:56:03", "text": "the brain in the markets and actually"}, {"start": "00:56:00", "end": "00:56:05", "text": "knows how the markets work. Now we enter"}, {"start": "00:56:03", "end": "00:56:06", "text": "cheap. We have such big profit m for you"}, {"start": "00:56:05", "end": "00:56:08", "text": "to go to alltime higher. Our profit is"}, {"start": "00:56:06", "end": "00:56:09", "text": "going to be too big. We need to take"}, {"start": "00:56:08", "end": "00:56:12", "text": "profit along the way which is by"}, {"start": "00:56:09", "end": "00:56:14", "text": "definition by definition dumping on your"}, {"start": "00:56:12", "end": "00:56:16", "text": "ass. Okay. So is the is is the curse of"}, {"start": "00:56:14", "end": "00:56:17", "text": "the pleb is the curse of the ple. Now of"}, {"start": "00:56:16", "end": "00:56:19", "text": "course some coins are going to go to"}, {"start": "00:56:17", "end": "00:56:20", "text": "alltime high anyway. But there is a"}, {"start": "00:56:19", "end": "00:56:23", "text": "resistance here to be chewed through. To"}, {"start": "00:56:20", "end": "00:56:25", "text": "be chewed through also including the new"}, {"start": "00:56:23", "end": "00:56:27", "text": "traders that buy cheap and then take"}, {"start": "00:56:25", "end": "00:56:28", "text": "profit along the way even before you you"}, {"start": "00:56:27", "end": "00:56:30", "text": "recover half of your bag. You"}, {"start": "00:56:28", "end": "00:56:33", "text": "understand? Big problem. Big big"}, {"start": "00:56:30", "end": "00:56:35", "text": "problem. Uh okay so Celestia but"}, {"start": "00:56:33", "end": "00:56:36", "text": "Celestia guys if it goes bull trend I"}, {"start": "00:56:35", "end": "00:56:39", "text": "think Celestia chart is quite juicy"}, {"start": "00:56:36", "end": "00:56:41", "text": "because it's it dumped so ridiculously"}, {"start": "00:56:39", "end": "00:56:42", "text": "much obviously fundamentals I I don't"}, {"start": "00:56:41", "end": "00:56:45", "text": "know yes if Celestia is needed for"}, {"start": "00:56:42", "end": "00:56:46", "text": "anything I don't know with uh maybe with"}, {"start": "00:56:45", "end": "00:56:48", "text": "Robin Hood chain I don't know what what"}, {"start": "00:56:46", "end": "00:56:51", "text": "is Celestia used for let me see maybe"}, {"start": "00:56:48", "end": "00:56:53", "text": "with like rebirth of this like EVM like"}, {"start": "00:56:51", "end": "00:56:56", "text": "L2 maybe it's needed for Salana no one"}, {"start": "00:56:53", "end": "00:57:01", "text": "needs Celestia you know u what is"}, {"start": "00:56:56", "end": "00:57:05", "text": "Celestia used for uh DA DA like but ETH"}, {"start": "00:57:01", "end": "00:57:12", "text": "has native DA nowadays. Uh is it even"}, {"start": "00:57:05", "end": "00:57:14", "text": "needed? Uh, ETH has native DA uh DA uh"}, {"start": "00:57:12", "end": "00:57:15", "text": "blobs like why why you need Celestia"}, {"start": "00:57:14", "end": "00:57:18", "text": "like"}, {"start": "00:57:15", "end": "00:57:20", "text": "who is anyway let's see what let's see"}, {"start": "00:57:18", "end": "00:57:21", "text": "what it says but you know fundamental I"}, {"start": "00:57:20", "end": "00:57:23", "text": "don't know fundamental but it's bull"}, {"start": "00:57:21", "end": "00:57:26", "text": "market no one cares about fundamental"}, {"start": "00:57:23", "end": "00:57:26", "text": "it's bull market"}, {"start": "00:57:30", "end": "00:57:33", "text": "a lot of the cocoins are going to"}, {"start": "00:57:31", "end": "00:57:36", "text": "fly guys I can tell you even if they"}, {"start": "00:57:33", "end": "00:57:38", "text": "don't have use Any"}, {"start": "00:57:36", "end": "00:57:39", "text": "opinions on Superverse and Elo Trades?"}, {"start": "00:57:38", "end": "00:57:42", "text": "Yeah, big shout out to Elo Trades. Let's"}, {"start": "00:57:39", "end": "00:57:45", "text": "see if he can pump it back up. Uh, let's"}, {"start": "00:57:42", "end": "00:57:49", "text": "see the chart. Um, he I mean, as long as"}, {"start": "00:57:45", "end": "00:57:53", "text": "he can keep attention on himself and be"}, {"start": "00:57:49", "end": "00:57:57", "text": "relevant as influencer, which is"}, {"start": "00:57:53", "end": "00:57:59", "text": "he has the power to pump it, okay, by"}, {"start": "00:57:57", "end": "00:58:03", "text": "working, by shipping."}, {"start": "00:57:59", "end": "00:58:05", "text": "Uh, but now he's very trend. So it's"}, {"start": "00:58:03", "end": "00:58:08", "text": "bearish. It's going to be bull trend at"}, {"start": "00:58:05", "end": "00:58:11", "text": "0.14."}, {"start": "00:58:08", "end": "00:58:14", "text": "Okay. Uh but he he just needs to work on"}, {"start": "00:58:11", "end": "00:58:17", "text": "uh being relevant and uh yeah."}, {"start": "00:58:14", "end": "00:58:19", "text": ">> So look here short answer Celelesi is DA"}, {"start": "00:58:17", "end": "00:58:21", "text": "level. Ethereum now has native. So you"}, {"start": "00:58:19", "end": "00:58:24", "text": "see ETH like replace Celestia itself. So"}, {"start": "00:58:21", "end": "00:58:26", "text": "Celestia is no longer the only DA. Okay."}, {"start": "00:58:24", "end": "00:58:28", "text": "The real question is who needs cheaper,"}, {"start": "00:58:26", "end": "00:58:30", "text": "bigger, more specialized DA than ETH?"}, {"start": "00:58:28", "end": "00:58:32", "text": "Yeah. So there's some use case, some"}, {"start": "00:58:30", "end": "00:58:34", "text": "some niche use case for data"}, {"start": "00:58:32", "end": "00:58:35", "text": "availability. For all of you guys who"}, {"start": "00:58:34", "end": "00:58:37", "text": "don't know data availability, don't"}, {"start": "00:58:35", "end": "00:58:39", "text": "worry. It's like a gig stuff. No one"}, {"start": "00:58:37", "end": "00:58:41", "text": "cares about it anymore. You know, in the"}, {"start": "00:58:39", "end": "00:58:43", "text": "early days of crypto, you could make"}, {"start": "00:58:41", "end": "00:58:44", "text": "money by being good at all of this like"}, {"start": "00:58:43", "end": "00:58:47", "text": "super technical stuff. Oh, what about"}, {"start": "00:58:44", "end": "00:58:49", "text": "data? What's your data availability? And"}, {"start": "00:58:47", "end": "00:58:50", "text": "that meant that the industry was quite"}, {"start": "00:58:49", "end": "00:58:53", "text": "early because we didn't really care"}, {"start": "00:58:50", "end": "00:58:56", "text": "about actual users, actual volume,"}, {"start": "00:58:53", "end": "00:58:57", "text": "actual trading taking place, actual"}, {"start": "00:58:56", "end": "00:58:59", "text": "transactions. We cared about geek ass"}, {"start": "00:58:57", "end": "00:59:01", "text": " like data availability. And I'm"}, {"start": "00:58:59", "end": "00:59:03", "text": "telling you that as a computer scientist"}, {"start": "00:59:01", "end": "00:59:05", "text": "myself, I'm a computer scientist. I"}, {"start": "00:59:03", "end": "00:59:07", "text": "worked as a developer before crypto"}, {"start": "00:59:05", "end": "00:59:09", "text": "full-time. I'm I started programming"}, {"start": "00:59:07", "end": "00:59:11", "text": "when I was nine. I love programming. But"}, {"start": "00:59:09", "end": "00:59:12", "text": "I when I see geek I need to call"}, {"start": "00:59:11", "end": "00:59:14", "text": "it out. So data availability like"}, {"start": "00:59:12", "end": "00:59:16", "text": "investing in oh what about data? Let's"}, {"start": "00:59:14", "end": "00:59:19", "text": "invest in data. It's one of these things"}, {"start": "00:59:16", "end": "00:59:21", "text": "that were hot before crypto became big"}, {"start": "00:59:19", "end": "00:59:23", "text": "enough so we can focus on the actual KPI"}, {"start": "00:59:21", "end": "00:59:26", "text": "that are important for this industry and"}, {"start": "00:59:23", "end": "00:59:29", "text": "that's users transactions uh the trades"}, {"start": "00:59:26", "end": "00:59:31", "text": "etc etc etc and now with Solana with"}, {"start": "00:59:29", "end": "00:59:32", "text": "Robin Hood that's what you focus on"}, {"start": "00:59:31", "end": "00:59:34", "text": "revenue buyback how much buyback you"}, {"start": "00:59:32", "end": "00:59:36", "text": "have how much buyback you have where's"}, {"start": "00:59:34", "end": "00:59:38", "text": "the buyback how much of the revenue goes"}, {"start": "00:59:36", "end": "00:59:39", "text": "back into the coin see this is the kind"}, {"start": "00:59:38", "end": "00:59:40", "text": "of stuff that we discussed now and I"}, {"start": "00:59:39", "end": "00:59:43", "text": "love that we have moved to that because"}, {"start": "00:59:40", "end": "00:59:44", "text": "crypto is mature enough celestia it's"}, {"start": "00:59:43", "end": "00:59:47", "text": "one of this you know data availability"}, {"start": "00:59:44", "end": "00:59:48", "text": "but Listen use case. Uh I'm not super"}, {"start": "00:59:47", "end": "00:59:50", "text": "excited about use case, but the chart is"}, {"start": "00:59:48", "end": "00:59:52", "text": "amazing. If it goes bull trend, amazing"}, {"start": "00:59:50", "end": "00:59:55", "text": "chart. So, we're still bullish. You"}, {"start": "00:59:52", "end": "00:59:59", "text": "understand? We're still bullish. If this"}, {"start": "00:59:55", "end": "01:00:01", "text": "goes bull trend, Celestia,"}, {"start": "00:59:59", "end": "01:00:04", "text": "let's go. Let's go. Data availability."}, {"start": "01:00:01", "end": "01:00:06", "text": "We're bullish. Data. [laughter]"}, {"start": "01:00:04", "end": "01:00:08", "text": "Let's go. Let's go. Data valability. Is"}, {"start": "01:00:06", "end": "01:00:11", "text": "it too late for uni? There's not It's"}, {"start": "01:00:08", "end": "01:00:12", "text": "not too late for anything because uh I"}, {"start": "01:00:11", "end": "01:00:14", "text": "mean when you say too late, you means"}, {"start": "01:00:12", "end": "01:00:16", "text": "like a peak or what? you know, we the"}, {"start": "01:00:14", "end": "01:00:17", "text": "bull market peaked out or what you mean"}, {"start": "01:00:16", "end": "01:00:20", "text": "what you're afraid of? The the bull"}, {"start": "01:00:17", "end": "01:00:23", "text": "market peaked out. Now, if you uh bought"}, {"start": "01:00:20", "end": "01:00:26", "text": "it at the bull flip, it was on August"}, {"start": "01:00:23", "end": "01:00:29", "text": "3rd, you would have now 70% profit, but"}, {"start": "01:00:26", "end": "01:00:32", "text": "it's still just a few weeks into the"}, {"start": "01:00:29", "end": "01:00:34", "text": "journey. You know, it's a few weeks into"}, {"start": "01:00:32", "end": "01:00:35", "text": "the journey. It's below alltime high."}, {"start": "01:00:34", "end": "01:00:37", "text": "It's below the It's, you know, it's back"}, {"start": "01:00:35", "end": "01:00:39", "text": "to the price level of uh basically last"}, {"start": "01:00:37", "end": "01:00:42", "text": "October here when it already started to"}, {"start": "01:00:39", "end": "01:00:44", "text": "go to go down a lot last November. So uh"}, {"start": "01:00:42", "end": "01:00:45", "text": "it's not too late. Uh but you need to"}, {"start": "01:00:44", "end": "01:00:47", "text": "know how to manage risk. You're not"}, {"start": "01:00:45", "end": "01:00:48", "text": "entering a new bull trend. Ideally, we"}, {"start": "01:00:47", "end": "01:00:50", "text": "always want to enter new bull trend"}, {"start": "01:00:48", "end": "01:00:52", "text": "guys. New bull trend. Ideally, this is"}, {"start": "01:00:50", "end": "01:00:54", "text": "not new trend. So you need to scale in"}, {"start": "01:00:52", "end": "01:00:56", "text": "here. We discuss in detail in mechanical"}, {"start": "01:00:54", "end": "01:00:57", "text": "rules in bulmania how to do. So yeah"}, {"start": "01:00:56", "end": "01:01:00", "text": "guys, that's it. Thank you very much. Uh"}, {"start": "01:00:57", "end": "01:01:01", "text": "but to to your to your to your question,"}, {"start": "01:01:00", "end": "01:01:04", "text": "it's not too late. It's not too late."}, {"start": "01:01:01", "end": "01:01:05", "text": "No, it's not too late. We just bullish"}, {"start": "01:01:04", "end": "01:01:07", "text": "on Bitcoin which is too late. Guys,"}, {"start": "01:01:05", "end": "01:01:10", "text": "thank you very much for being here. Big"}, {"start": "01:01:07", "end": "01:01:12", "text": "shout out to Dub for time today. Smash"}, {"start": "01:01:10", "end": "01:01:14", "text": "up the like. If you are celebrating"}, {"start": "01:01:12", "end": "01:01:19", "text": "Labor Day on a serious note, big"}, {"start": "01:01:14", "end": "01:01:21", "text": "congratulations to you. Uh, see you all"}, {"start": "01:01:19", "end": "01:01:25", "text": "tomorrow. Same place, same time. Smash"}, {"start": "01:01:21", "end": "01:01:27", "text": "up the like, subscribe, go to Bullmania,"}, {"start": "01:01:25", "end": "01:01:28", "text": "first link in description. Actually,"}, {"start": "01:01:27", "end": "01:01:31", "text": "second one. So, this one, Bulmania"}, {"start": "01:01:28", "end": "01:01:34", "text": "newsletter, fully fully free newsletter"}, {"start": "01:01:31", "end": "01:01:37", "text": "about the market. Sign up right now."}, {"start": "01:01:34", "end": "01:01:41", "text": "This is the best thing you can do for"}, {"start": "01:01:37", "end": "01:01:43", "text": "yourself right now. fully free. You get"}, {"start": "01:01:41", "end": "01:01:46", "text": "updates every day. If you cannot even do"}, {"start": "01:01:43", "end": "01:01:48", "text": "this, you know, simple free thing, then"}, {"start": "01:01:46", "end": "01:01:51", "text": "yeah, you only have yourself to blame."}, {"start": "01:01:48", "end": "01:01:54", "text": "If you misunderstand this bull market or"}, {"start": "01:01:51", "end": "01:01:55", "text": "what you do, yeah, I mean, I made it. I"}, {"start": "01:01:54", "end": "01:01:56", "text": "did everything for you. I did everything"}, {"start": "01:01:55", "end": "01:01:58", "text": "for you. Okay, that's it. And YouTube"}, {"start": "01:01:56", "end": "01:01:59", "text": "may or may not show you our videos."}, {"start": "01:01:58", "end": "01:02:00", "text": "That's the main thing also with the"}, {"start": "01:01:59", "end": "01:02:02", "text": "newsletter that we need to stay in"}, {"start": "01:02:00", "end": "01:02:04", "text": "touch. Otherwise, you are a slave to the"}, {"start": "01:02:02", "end": "01:02:07", "text": "algorithm. The algorithm decides what"}, {"start": "01:02:04", "end": "01:02:10", "text": "you see, what you don't see. You have no"}, {"start": "01:02:07", "end": "01:02:14", "text": "control with this newsletter. You know"}, {"start": "01:02:10", "end": "01:02:16", "text": "for sure Ivan can reach me. Okay? You"}, {"start": "01:02:14", "end": "01:02:18", "text": "know for sure Ivan is in your pocket."}, {"start": "01:02:16", "end": "01:02:20", "text": "I'm literally one email away. If"}, {"start": "01:02:18", "end": "01:02:21", "text": "something big happens, I'm going to be"}, {"start": "01:02:20", "end": "01:02:22", "text": "boop jumping in your pocket. You're"}, {"start": "01:02:21", "end": "01:02:24", "text": "going to be, \"Hey, holy crap, Ivan is"}, {"start": "01:02:22", "end": "01:02:26", "text": "here.\" You're on your bus. Boop, Ivan is"}, {"start": "01:02:24", "end": "01:02:28", "text": "in the pocket. Such an important thing"}, {"start": "01:02:26", "end": "01:02:30", "text": "now in these days when AI controls what"}, {"start": "01:02:28", "end": "01:02:33", "text": "you see. I want to be directly be able"}, {"start": "01:02:30", "end": "01:02:35", "text": "to jump straight in your pocket. So"}, {"start": "01:02:33", "end": "01:02:36", "text": "important, guys. Smash the like."}, {"start": "01:02:35", "end": "01:02:39", "text": "Newsletter. Have a good day and goodbye"}, {"start": "01:02:36", "end": "01:02:43", "text": "guys. Goodbye. Goodbye. Goodbye. And"}, {"start": "01:02:39", "end": "01:02:43", "text": "shout out to Dub."}]

[{"start": "00:00:03", "end": "00:00:07", "text": "Oh yes, oh yes, yes, yes. Guys, welcome"}, {"start": "00:00:05", "end": "00:00:09", "text": "to another episode. And holy crap, guys."}, {"start": "00:00:07", "end": "00:00:13", "text": "We're cooking today. We're cooking. We"}, {"start": "00:00:09", "end": "00:00:15", "text": "are now above the weekly flip. If we"}, {"start": "00:00:13", "end": "00:00:18", "text": "close Sunday like this in the Bitcoin"}, {"start": "00:00:15", "end": "00:00:21", "text": "chart, we have the confirmed weekly"}, {"start": "00:00:18", "end": "00:00:25", "text": "flip. We have the confirmed bull market."}, {"start": "00:00:21", "end": "00:00:28", "text": "It is the first weekly flip since"}, {"start": "00:00:25", "end": "00:00:30", "text": "2023 to the bullish side. Last time"}, {"start": "00:00:28", "end": "00:00:33", "text": "Bitcoin flipped bullish on the weekly"}, {"start": "00:00:30", "end": "00:00:37", "text": "was January 2023."}, {"start": "00:00:33", "end": "00:00:40", "text": "This is a historic moment. This is a"}, {"start": "00:00:37", "end": "00:00:42", "text": "historic signal. This is a historic time"}, {"start": "00:00:40", "end": "00:00:45", "text": "in the market. Bitcoin going bullish on"}, {"start": "00:00:42", "end": "00:00:47", "text": "the weekly. You don't ignore that. You"}, {"start": "00:00:45", "end": "00:00:49", "text": "don't try to optimize. Maybe you can buy"}, {"start": "00:00:47", "end": "00:00:51", "text": "lower. Maybe. Maybe. Baby. Listen. It's"}, {"start": "00:00:49", "end": "00:00:52", "text": "time to buy. Time to BE BULLISH. SINCE"}, {"start": "00:00:51", "end": "00:00:54", "text": "JULY, I keep telling you guys."}, {"start": "00:00:52", "end": "00:00:55", "text": "[laughter] Time to buy. Time to be"}, {"start": "00:00:54", "end": "00:00:57", "text": "bullish. Time to buy. Time to be"}, {"start": "00:00:55", "end": "00:00:58", "text": "bullish. Since July, I'm telling you."}, {"start": "00:00:57", "end": "00:01:01", "text": "And as you know for us the biggest"}, {"start": "00:00:58", "end": "00:01:03", "text": "signal to go your bull to go a"}, {"start": "00:01:01", "end": "00:01:05", "text": "full bullard it is the weekly flip."}, {"start": "00:01:03", "end": "00:01:07", "text": "We've been accumulating here at the 200"}, {"start": "00:01:05", "end": "00:01:10", "text": "week moving average. And for us to go"}, {"start": "00:01:07", "end": "00:01:13", "text": "real bullard all in super bullish"}, {"start": "00:01:10", "end": "00:01:15", "text": "Bitcoin super bullish all coins in ways"}, {"start": "00:01:13", "end": "00:01:18", "text": "that we haven't been since January 2023."}, {"start": "00:01:15", "end": "00:01:20", "text": "It is the bull flip and right now we're"}, {"start": "00:01:18", "end": "00:01:23", "text": "right here on the edge. And you see the"}, {"start": "00:01:20", "end": "00:01:25", "text": "whole ecosystem bubble. I mean literally"}, {"start": "00:01:23", "end": "00:01:27", "text": "bubble. Some people are still bearish"}, {"start": "00:01:25", "end": "00:01:29", "text": "now. I love banan. I love Ben, but"}, {"start": "00:01:27", "end": "00:01:30", "text": "people made a funny meme here with Ben."}, {"start": "00:01:29", "end": "00:01:31", "text": "Look here. The bears. The bears are"}, {"start": "00:01:30", "end": "00:01:33", "text": "worried."}, {"start": "00:01:31", "end": "00:01:38", "text": ">> No, no, no, no, no, no, no. Wait, wait,"}, {"start": "00:01:33", "end": "00:01:40", "text": "wait, wait, wait, wait, wait, wait."}, {"start": "00:01:38", "end": "00:01:42", "text": "[clears throat] I love Ben is great. Ben"}, {"start": "00:01:40", "end": "00:01:45", "text": "is great. But we disagree. We disagree"}, {"start": "00:01:42", "end": "00:01:47", "text": "with Ben since July. I mean, respect"}, {"start": "00:01:45", "end": "00:01:49", "text": "respectfully and humbly disagree. Up"}, {"start": "00:01:47", "end": "00:01:51", "text": "until July, we were this close, Ben and"}, {"start": "00:01:49", "end": "00:01:53", "text": "I. We were exact exact exact in"}, {"start": "00:01:51", "end": "00:01:55", "text": "everything. Riskov since October."}, {"start": "00:01:53", "end": "00:01:58", "text": "Although we were more correct on risk up"}, {"start": "00:01:55", "end": "00:02:01", "text": "and since July Ben still trying to"}, {"start": "00:01:58", "end": "00:02:03", "text": "compare NASDAQ to 2019 199 uh let's see"}, {"start": "00:02:01", "end": "00:02:06", "text": "but we are bullish since July. Okay,"}, {"start": "00:02:03", "end": "00:02:08", "text": "we're bullish since July. We said we"}, {"start": "00:02:06", "end": "00:02:09", "text": "accumulate a bit slower before the"}, {"start": "00:02:08", "end": "00:02:12", "text": "weekly bull flip and now after weekly"}, {"start": "00:02:09", "end": "00:02:14", "text": "bull flip we go absolutely bull if we"}, {"start": "00:02:12", "end": "00:02:16", "text": "close the week. Let's close the week"}, {"start": "00:02:14", "end": "00:02:18", "text": "first. But the bears are panicky. The"}, {"start": "00:02:16", "end": "00:02:21", "text": "bears they are in a cage. They're in a"}, {"start": "00:02:18", "end": "00:02:23", "text": "corner. They are seeing how all of this"}, {"start": "00:02:21", "end": "00:02:26", "text": "is playing out. and the bears"}, {"start": "00:02:23", "end": "00:02:28", "text": "capitulating is gonna be such a nice"}, {"start": "00:02:26", "end": "00:02:31", "text": "pump towards 100k because many people"}, {"start": "00:02:28", "end": "00:02:33", "text": "are on the sidelines. The sidelines are"}, {"start": "00:02:31", "end": "00:02:34", "text": "massive now. They're massive. They're"}, {"start": "00:02:33", "end": "00:02:37", "text": "massive. They're waiting for October"}, {"start": "00:02:34", "end": "00:02:39", "text": "low. What they're waiting time to be"}, {"start": "00:02:37", "end": "00:02:41", "text": "bullish when you are at 200 moving"}, {"start": "00:02:39", "end": "00:02:44", "text": "average and especially if you go to bull"}, {"start": "00:02:41", "end": "00:02:46", "text": "flip on the money line. Oh yo yo yo yo"}, {"start": "00:02:44", "end": "00:02:47", "text": "yo yo. Fantastic. Fantastic. Now big"}, {"start": "00:02:46", "end": "00:02:49", "text": "shout to B. But you know, when it's a"}, {"start": "00:02:47", "end": "00:02:50", "text": "funny meme, it's a funny."}, {"start": "00:02:49", "end": "00:02:53", "text": ">> No, no, no, no, no, no, no. Wait, wait,"}, {"start": "00:02:50", "end": "00:02:55", "text": "wait, wait, wait, wait, wait, wait,"}, {"start": "00:02:53", "end": "00:02:56", "text": "wait. [laughter]"}, {"start": "00:02:55", "end": "00:02:57", "text": ">> It's okay. It's okay. Listen. We're"}, {"start": "00:02:56", "end": "00:02:59", "text": "still at the early bull market. We're"}, {"start": "00:02:57", "end": "00:03:02", "text": "still at the early. It's just now that"}, {"start": "00:02:59", "end": "00:03:05", "text": "we go bull on the on the weekly. But so"}, {"start": "00:03:02", "end": "00:03:07", "text": "now looking at the uh the depth of the"}, {"start": "00:03:05", "end": "00:03:09", "text": "of the bare market, you see that it's"}, {"start": "00:03:07", "end": "00:03:12", "text": "it's been the most shallowest. It's the"}, {"start": "00:03:09", "end": "00:03:13", "text": "most shallowest bare market. And you"}, {"start": "00:03:12", "end": "00:03:15", "text": "know that we've been speaking about this"}, {"start": "00:03:13", "end": "00:03:18", "text": "a lot in October. When we became bearish"}, {"start": "00:03:15", "end": "00:03:20", "text": "in October, people asked, Ivan, how can"}, {"start": "00:03:18", "end": "00:03:21", "text": "you be bearish because we did not pump a"}, {"start": "00:03:20", "end": "00:03:22", "text": "lot? So, people are saying, Ivan, will"}, {"start": "00:03:21", "end": "00:03:24", "text": "we really have a bare market? Because"}, {"start": "00:03:22", "end": "00:03:25", "text": "the bull market was not big. And people"}, {"start": "00:03:24", "end": "00:03:27", "text": "were concerned maybe we're not going to"}, {"start": "00:03:25", "end": "00:03:30", "text": "have a bare market. But I told you guys"}, {"start": "00:03:27", "end": "00:03:33", "text": "that don't worry about the pump not"}, {"start": "00:03:30", "end": "00:03:35", "text": "being big because if pump is not big,"}, {"start": "00:03:33", "end": "00:03:37", "text": "then going back to a 200E moving average"}, {"start": "00:03:35", "end": "00:03:40", "text": "is not going to be a big fall. And our"}, {"start": "00:03:37", "end": "00:03:43", "text": "signal is around 200E moving average. It"}, {"start": "00:03:40", "end": "00:03:45", "text": "is the buy zone. It is the buy zone."}, {"start": "00:03:43", "end": "00:03:47", "text": "Bison is around the 200 week moving"}, {"start": "00:03:45", "end": "00:03:49", "text": "average. So the fact that we did not"}, {"start": "00:03:47", "end": "00:03:51", "text": "pump a lot like some people say in the"}, {"start": "00:03:49", "end": "00:03:53", "text": "last bull although maybe I disagree many"}, {"start": "00:03:51", "end": "00:03:54", "text": "things pump a lot but let's say you"}, {"start": "00:03:53", "end": "00:03:56", "text": "think that we did not pump a lot. Don't"}, {"start": "00:03:54", "end": "00:03:58", "text": "worry the system still works because the"}, {"start": "00:03:56", "end": "00:04:00", "text": "200 moving average is going to be hit"}, {"start": "00:03:58", "end": "00:04:01", "text": "faster. If you don't pump a lot the 200"}, {"start": "00:04:00", "end": "00:04:03", "text": "moving average is closer is going to be"}, {"start": "00:04:01", "end": "00:04:05", "text": "hit faster and you're going to get the"}, {"start": "00:04:03", "end": "00:04:08", "text": "signal anyway. So this is the execution."}, {"start": "00:04:05", "end": "00:04:11", "text": "This is the perfect execution of our"}, {"start": "00:04:08", "end": "00:04:14", "text": "strategies and it's working so so well."}, {"start": "00:04:11", "end": "00:04:15", "text": "And also, man, altcoins. Holy crap,"}, {"start": "00:04:14", "end": "00:04:17", "text": "guys. The altcoins, the altcoins."}, {"start": "00:04:15", "end": "00:04:20", "text": "Yesterday, you know, you know, we"}, {"start": "00:04:17", "end": "00:04:22", "text": "discussed Robin Hood chain a lot, a lot"}, {"start": "00:04:20", "end": "00:04:24", "text": "because we are mega bullish Robin Hood"}, {"start": "00:04:22", "end": "00:04:27", "text": "chain. In the early days, like right"}, {"start": "00:04:24", "end": "00:04:31", "text": "here, we said the be be careful in case"}, {"start": "00:04:27", "end": "00:04:31", "text": "it becomes like base, a corpor"}, {"start": "00:04:33", "end": "00:04:38", "text": "everyone trading, we are bullish. Robin"}, {"start": "00:04:35", "end": "00:04:40", "text": "Hood chain like mfers like mfers. And"}, {"start": "00:04:38", "end": "00:04:42", "text": "literally after I posted the the the"}, {"start": "00:04:40", "end": "00:04:45", "text": "pawns the pawns the the kind the main"}, {"start": "00:04:42", "end": "00:04:47", "text": "coin on on the chain did a very very"}, {"start": "00:04:45", "end": "00:04:49", "text": "fantastic pump fantastic fantastic went"}, {"start": "00:04:47", "end": "00:04:51", "text": "up like 40% or something like that. So"}, {"start": "00:04:49", "end": "00:04:54", "text": "this is this is just in the last 24"}, {"start": "00:04:51", "end": "00:04:58", "text": "hours after we discussed this this"}, {"start": "00:04:54", "end": "00:05:01", "text": "situation pawns here went to 0.6 30% up."}, {"start": "00:04:58", "end": "00:05:04", "text": "So now is not the time to be skeptical."}, {"start": "00:05:01", "end": "00:05:06", "text": "Now is not the time to analyze too much."}, {"start": "00:05:04", "end": "00:05:08", "text": "analyze too much, you could do, you"}, {"start": "00:05:06", "end": "00:05:10", "text": "know, a bit lower, a bit here, you know,"}, {"start": "00:05:08", "end": "00:05:12", "text": "here. Here it was mainly Bitcoin. Now"}, {"start": "00:05:10", "end": "00:05:14", "text": "that Bitcoin is bull trend, it's time to"}, {"start": "00:05:12", "end": "00:05:16", "text": "be bullish. Time to be bullish."}, {"start": "00:05:14", "end": "00:05:18", "text": "Shitcoins, we have to close. Let's close"}, {"start": "00:05:16", "end": "00:05:20", "text": "first. But should we close? Time to be"}, {"start": "00:05:18", "end": "00:05:23", "text": "bullish. Don't be too smart. Don't be"}, {"start": "00:05:20", "end": "00:05:24", "text": "too cute. Don't try to see. Oh, maybe"}, {"start": "00:05:23", "end": "00:05:25", "text": "maybe listen. If it's bull trend, it's"}, {"start": "00:05:24", "end": "00:05:27", "text": "bull trend. That's it. If it's bull"}, {"start": "00:05:25", "end": "00:05:30", "text": "trend is bull trend and many people also"}, {"start": "00:05:27", "end": "00:05:33", "text": "ask where to trade Robin Hood Robin Hood"}, {"start": "00:05:30", "end": "00:05:35", "text": "memes. If you refresh the page now on"}, {"start": "00:05:33", "end": "00:05:39", "text": "YouTube, first link of description"}, {"start": "00:05:35", "end": "00:05:42", "text": "should be a link to FOMO app. If you use"}, {"start": "00:05:39", "end": "00:05:44", "text": "our link, you get a big fat discount on"}, {"start": "00:05:42", "end": "00:05:45", "text": "the fees. And guys, these apps, they"}, {"start": "00:05:44", "end": "00:05:49", "text": "have a high fee. They have very very"}, {"start": "00:05:45", "end": "00:05:51", "text": "high fee. You want to remove as much as"}, {"start": "00:05:49", "end": "00:05:53", "text": "much fee as possible because it can"}, {"start": "00:05:51", "end": "00:05:55", "text": "really impact your performance a lot."}, {"start": "00:05:53", "end": "00:05:57", "text": "So, if you go to the first link of"}, {"start": "00:05:55", "end": "00:05:59", "text": "description, you're going to see a link"}, {"start": "00:05:57", "end": "00:06:01", "text": "to uh to FOMO like literally the first"}, {"start": "00:05:59", "end": "00:06:03", "text": "link. You click it, you should see"}, {"start": "00:06:01", "end": "00:06:06", "text": "something like this. You can start"}, {"start": "00:06:03", "end": "00:06:09", "text": "trading either in the browser in the"}, {"start": "00:06:06", "end": "00:06:11", "text": "browser or if you download the app, then"}, {"start": "00:06:09", "end": "00:06:14", "text": "use the code Ivan on tech in order to"}, {"start": "00:06:11", "end": "00:06:16", "text": "get the fees get the fees lower. If you"}, {"start": "00:06:14", "end": "00:06:19", "text": "already have an account, create a new"}, {"start": "00:06:16", "end": "00:06:20", "text": "account and uh so so you have the proper"}, {"start": "00:06:19", "end": "00:06:22", "text": "uh discount because these fees, guys, I"}, {"start": "00:06:20", "end": "00:06:24", "text": "mean, they're going to eat up uh a lot."}, {"start": "00:06:22", "end": "00:06:26", "text": "They're going to eat up a lot. You want"}, {"start": "00:06:24", "end": "00:06:28", "text": "to minimize fee as much as possible. And"}, {"start": "00:06:26", "end": "00:06:30", "text": "also, if you use our link, you help the"}, {"start": "00:06:28", "end": "00:06:33", "text": "channel. So, it's a win-win winwinwin."}, {"start": "00:06:30", "end": "00:06:37", "text": "Do it right now and you can follow me"}, {"start": "00:06:33", "end": "00:06:38", "text": "there on FOMO. I have a doxed profile."}, {"start": "00:06:37", "end": "00:06:41", "text": "This this uh profile you'll be seeing it"}, {"start": "00:06:38", "end": "00:06:43", "text": "is the doxed one and uh let's connect"}, {"start": "00:06:41", "end": "00:06:45", "text": "there. So, we're in touch. Get the FOMO"}, {"start": "00:06:43", "end": "00:06:47", "text": "as soon as possible because that's where"}, {"start": "00:06:45", "end": "00:06:49", "text": "you see the Robin Hood ecosystem."}, {"start": "00:06:47", "end": "00:06:51", "text": "Otherwise, without FOMO, it's hard to"}, {"start": "00:06:49", "end": "00:06:52", "text": "see it. It's many people ask where to"}, {"start": "00:06:51", "end": "00:06:54", "text": "buy should I connect wallet here. You're"}, {"start": "00:06:52", "end": "00:06:57", "text": "going to get drained. You connect your"}, {"start": "00:06:54", "end": "00:07:00", "text": "wallet, you get drained. go below, get"}, {"start": "00:06:57", "end": "00:07:02", "text": "into the FOMO and uh yeah and there you"}, {"start": "00:07:00", "end": "00:07:03", "text": "also have Sana. So that's the best. You"}, {"start": "00:07:02", "end": "00:07:05", "text": "have Robin Hood and you have Solana"}, {"start": "00:07:03", "end": "00:07:08", "text": "because in case the memes go back to"}, {"start": "00:07:05", "end": "00:07:09", "text": "Solana, you have one system for trading"}, {"start": "00:07:08", "end": "00:07:12", "text": "all of this. Solana, Robin Hood,"}, {"start": "00:07:09", "end": "00:07:14", "text": "whatever DEX is all there in one app. So"}, {"start": "00:07:12", "end": "00:07:15", "text": "it's fantastic. Fantastic. And now that"}, {"start": "00:07:14", "end": "00:07:18", "text": "you know, now that the volatility is"}, {"start": "00:07:15", "end": "00:07:20", "text": "back, Bullmania bros are printing."}, {"start": "00:07:18", "end": "00:07:22", "text": "Bullmania bros are printing. As soon as"}, {"start": "00:07:20", "end": "00:07:25", "text": "there is volatility, I start seeing all"}, {"start": "00:07:22", "end": "00:07:28", "text": "of this post in sharing gains. Marco"}, {"start": "00:07:25", "end": "00:07:31", "text": "Chervarco is doing all kinds of gains"}, {"start": "00:07:28", "end": "00:07:33", "text": "with pawns, Zcash, uh even gold. Uh"}, {"start": "00:07:31", "end": "00:07:36", "text": "fantastic guys, fantastic. Big shout out"}, {"start": "00:07:33", "end": "00:07:38", "text": "everyone in Bullmania. Very very nice."}, {"start": "00:07:36", "end": "00:07:42", "text": "Now that we are eating, now that we have"}, {"start": "00:07:38", "end": "00:07:43", "text": "the uh the uh pump back, now that we"}, {"start": "00:07:42", "end": "00:07:45", "text": "have the volatility back, you can deploy"}, {"start": "00:07:43", "end": "00:07:47", "text": "the strategies and the strategies they"}, {"start": "00:07:45", "end": "00:07:49", "text": "work so so well. I mean now that there"}, {"start": "00:07:47", "end": "00:07:52", "text": "is volatility you can actually deploy"}, {"start": "00:07:49", "end": "00:07:54", "text": "strategies in a way which in the bare"}, {"start": "00:07:52", "end": "00:07:55", "text": "market was more difficult because in the"}, {"start": "00:07:54", "end": "00:07:57", "text": "bare market you have to short the"}, {"start": "00:07:55", "end": "00:07:59", "text": "riskreward in shorting is always"}, {"start": "00:07:57", "end": "00:08:00", "text": "slightly worse than in longing you if"}, {"start": "00:07:59", "end": "00:08:02", "text": "you have to choose you want to be"}, {"start": "00:08:00", "end": "00:08:04", "text": "longing if you have to choose but in"}, {"start": "00:08:02", "end": "00:08:07", "text": "bare market it was mainly shorting now"}, {"start": "00:08:04", "end": "00:08:10", "text": "finally we can long the the assets to"}, {"start": "00:08:07", "end": "00:08:12", "text": "Valhalla finally finally finally finally"}, {"start": "00:08:10", "end": "00:08:15", "text": "finally it's very very very important"}, {"start": "00:08:12", "end": "00:08:18", "text": "shift in the market where we can finally"}, {"start": "00:08:15", "end": "00:08:21", "text": "long heavily to the upside. And all of"}, {"start": "00:08:18", "end": "00:08:23", "text": "you guys who are not in Bulmania, go to"}, {"start": "00:08:21", "end": "00:08:25", "text": "uh the link in description,"}, {"start": "00:08:23", "end": "00:08:27", "text": "bullmania.com/subscribe."}, {"start": "00:08:25", "end": "00:08:30", "text": "You're going to see this link right here"}, {"start": "00:08:27", "end": "00:08:31", "text": "for the newsletter. Join the newsletter"}, {"start": "00:08:30", "end": "00:08:34", "text": "because we are releasing spots in the"}, {"start": "00:08:31", "end": "00:08:36", "text": "newsletter. And uh if we flip bullish"}, {"start": "00:08:34", "end": "00:08:39", "text": "guys here, we will be increasing prices"}, {"start": "00:08:36", "end": "00:08:41", "text": "in Bulmania. But if you book a call with"}, {"start": "00:08:39", "end": "00:08:43", "text": "our team before the weekly close, it can"}, {"start": "00:08:41", "end": "00:08:45", "text": "the call can be next week, but you just"}, {"start": "00:08:43", "end": "00:08:47", "text": "have to book before the weekly close."}, {"start": "00:08:45", "end": "00:08:51", "text": "We're going to grandfather you in as we"}, {"start": "00:08:47", "end": "00:08:53", "text": "go bull on the chart it's uh for us it's"}, {"start": "00:08:51", "end": "00:08:55", "text": "a bull market mode bull market pricing"}, {"start": "00:08:53", "end": "00:08:58", "text": "you know it's kind of like in you go to"}, {"start": "00:08:55", "end": "00:08:59", "text": "let's say you go to Dubai in winter it's"}, {"start": "00:08:58", "end": "00:09:01", "text": "going to be expensive everyone is in"}, {"start": "00:08:59", "end": "00:09:03", "text": "Dubai in winter you go in summer it's so"}, {"start": "00:09:01", "end": "00:09:05", "text": "hot no one is there the same thing is"}, {"start": "00:09:03", "end": "00:09:07", "text": "bulmania man you come to to us in bull"}, {"start": "00:09:05", "end": "00:09:10", "text": "market"}, {"start": "00:09:07", "end": "00:09:12", "text": "it's you know it's cosmos it's co you"}, {"start": "00:09:10", "end": "00:09:14", "text": "know it's the the pricing is going to be"}, {"start": "00:09:12", "end": "00:09:16", "text": "very different you come to us in bare"}, {"start": "00:09:14", "end": "00:09:18", "text": "market man in the bare market totally"}, {"start": "00:09:16", "end": "00:09:21", "text": "different. So now it's like the last few"}, {"start": "00:09:18", "end": "00:09:23", "text": "days. If you go to boom.com/subscribe,"}, {"start": "00:09:21", "end": "00:09:26", "text": "you enter your email there. We will be"}, {"start": "00:09:23", "end": "00:09:29", "text": "sending out spots. I will be doing it um"}, {"start": "00:09:26", "end": "00:09:30", "text": "later today. The final ones for uh uh"}, {"start": "00:09:29", "end": "00:09:32", "text": "for before bull market and also during"}, {"start": "00:09:30", "end": "00:09:34", "text": "weekend we will be releasing some. So"}, {"start": "00:09:32", "end": "00:09:36", "text": "sign up now. If you already have an"}, {"start": "00:09:34", "end": "00:09:38", "text": "email, check your inbox. If you sign up"}, {"start": "00:09:36", "end": "00:09:40", "text": "during the last weeks, last days, maybe"}, {"start": "00:09:38", "end": "00:09:43", "text": "you already have an email. book as soon"}, {"start": "00:09:40", "end": "00:09:46", "text": "as possible because this is the last few"}, {"start": "00:09:43", "end": "00:09:49", "text": "days before it's high season. [laughter]"}, {"start": "00:09:46", "end": "00:09:51", "text": "It's high season, man. It's such high"}, {"start": "00:09:49", "end": "00:09:54", "text": "season. It's a wow. It's crazy. It's"}, {"start": "00:09:51", "end": "00:09:56", "text": "crazy. Such high. We We're eating. I"}, {"start": "00:09:54", "end": "00:10:00", "text": "mean, this whole bull market now is"}, {"start": "00:09:56", "end": "00:10:02", "text": "coming in such a nice forceful ways. The"}, {"start": "00:10:00", "end": "00:10:04", "text": "bears are trapped. They're trapped in a"}, {"start": "00:10:02", "end": "00:10:06", "text": "way they cannot escape. And Guzman is"}, {"start": "00:10:04", "end": "00:10:10", "text": "here timeing as big shout out to Guzman."}, {"start": "00:10:06", "end": "00:10:12", "text": "Smash up the like as soon as possible."}, {"start": "00:10:10", "end": "00:10:14", "text": "Uh do do it fast. Do it fast. Uh but"}, {"start": "00:10:12", "end": "00:10:16", "text": "even more most more important is the"}, {"start": "00:10:14", "end": "00:10:18", "text": "newsletter guys because if YouTube does"}, {"start": "00:10:16", "end": "00:10:20", "text": "not recommend you, maybe they"}, {"start": "00:10:18", "end": "00:10:23", "text": "unsubscribe you from us. It's very bad"}, {"start": "00:10:20", "end": "00:10:25", "text": "for you because here we called biggest"}, {"start": "00:10:23", "end": "00:10:26", "text": "market moves. We called actually"}, {"start": "00:10:25", "end": "00:10:28", "text": "newsletter also. I send you just you"}, {"start": "00:10:26", "end": "00:10:31", "text": "know a few sentences every week. It's so"}, {"start": "00:10:28", "end": "00:10:33", "text": "nice. It's so nice. You you you get the"}, {"start": "00:10:31", "end": "00:10:36", "text": "big picture. You get you follow along."}, {"start": "00:10:33", "end": "00:10:38", "text": "Now ETFs uh Black Rockck uh bidding"}, {"start": "00:10:36", "end": "00:10:41", "text": "bidding bidding people bidding the the"}, {"start": "00:10:38", "end": "00:10:44", "text": "ETF. You have Black Rockck spot bitcoin"}, {"start": "00:10:41", "end": "00:10:46", "text": "ETF rose nearly 6% with its daily"}, {"start": "00:10:44", "end": "00:10:49", "text": "inflows at 300 million. We love Black"}, {"start": "00:10:46", "end": "00:10:52", "text": "Rockck ETF. Very very nice. Eric uh may"}, {"start": "00:10:49", "end": "00:10:54", "text": "not show up until tomorrow, but I would"}, {"start": "00:10:52", "end": "00:10:56", "text": "set over under at 300. So yeah,"}, {"start": "00:10:54", "end": "00:10:59", "text": "basically 300 million inflow. Very very"}, {"start": "00:10:56", "end": "00:11:00", "text": "good. Uh next next all of this Robin"}, {"start": "00:10:59", "end": "00:11:03", "text": "Hood stuff. As a reminder, we discussed"}, {"start": "00:11:00", "end": "00:11:04", "text": "a lot yesterday. were bullish. Robin"}, {"start": "00:11:03", "end": "00:11:07", "text": "Hood chain, everything on Robin Hood"}, {"start": "00:11:04", "end": "00:11:08", "text": "chain were bullish because they"}, {"start": "00:11:07", "end": "00:11:10", "text": "launched, there was a lot of hype, then"}, {"start": "00:11:08", "end": "00:11:13", "text": "everyone got wrecked for a few weeks and"}, {"start": "00:11:10", "end": "00:11:15", "text": "now they recover from that wreckage. Now"}, {"start": "00:11:13", "end": "00:11:18", "text": "they recover from that wreckage and"}, {"start": "00:11:15", "end": "00:11:21", "text": "that's our signal. Our signal with IPO,"}, {"start": "00:11:18", "end": "00:11:24", "text": "with ICO, with anything else is not to"}, {"start": "00:11:21", "end": "00:11:26", "text": "be in the early you know FOMO because"}, {"start": "00:11:24", "end": "00:11:29", "text": "people buy the top see SpaceX everyone"}, {"start": "00:11:26", "end": "00:11:31", "text": "bought above 200 are we need to see the"}, {"start": "00:11:29", "end": "00:11:34", "text": "bottoming out and we need to see the new"}, {"start": "00:11:31", "end": "00:11:38", "text": "trend being confirmed and now we are"}, {"start": "00:11:34", "end": "00:11:40", "text": "here in a big fat fantastic trend for"}, {"start": "00:11:38", "end": "00:11:43", "text": "Bitcoin if we close for Solana for ETH"}, {"start": "00:11:40", "end": "00:11:46", "text": "for BNB. So guys, very important now to"}, {"start": "00:11:43", "end": "00:11:49", "text": "listen to what I'm telling you. UniS"}, {"start": "00:11:46", "end": "00:11:52", "text": "swap is one of the biggest beneficiaries"}, {"start": "00:11:49", "end": "00:11:54", "text": "of this whole Robin Hood thing. They're"}, {"start": "00:11:52", "end": "00:11:56", "text": "one of the biggest beneficiaries."}, {"start": "00:11:54", "end": "00:11:58", "text": "They're bullish on the money line. See,"}, {"start": "00:11:56", "end": "00:12:01", "text": "insiders started to position themselves"}, {"start": "00:11:58", "end": "00:12:03", "text": "even before the stats started to come"}, {"start": "00:12:01", "end": "00:12:04", "text": "out. Insiders, we saw it here on the"}, {"start": "00:12:03", "end": "00:12:07", "text": "money line when they flip bullish on"}, {"start": "00:12:04", "end": "00:12:08", "text": "August 3rd. Uh here insiders were"}, {"start": "00:12:07", "end": "00:12:11", "text": "already loading up, loading up heavy"}, {"start": "00:12:08", "end": "00:12:14", "text": "heavy heavy since August 3rd. uh unis"}, {"start": "00:12:11", "end": "00:12:16", "text": "swap is bullish is up 52% since August"}, {"start": "00:12:14", "end": "00:12:18", "text": "3rd and continues up in a very very very"}, {"start": "00:12:16", "end": "00:12:20", "text": "nice way of course now during the last"}, {"start": "00:12:18", "end": "00:12:23", "text": "days everyone speaks about unis swap"}, {"start": "00:12:20", "end": "00:12:25", "text": "Robin Hood but if you just looked at the"}, {"start": "00:12:23", "end": "00:12:28", "text": "chart you got information a bit before"}, {"start": "00:12:25", "end": "00:12:30", "text": "because insiders release information to"}, {"start": "00:12:28", "end": "00:12:33", "text": "the pleba to the public when they have"}, {"start": "00:12:30", "end": "00:12:35", "text": "already loaded up when you have already"}, {"start": "00:12:33", "end": "00:12:36", "text": "loaded up everything now you know now"}, {"start": "00:12:35", "end": "00:12:39", "text": "you all everything comes out now now"}, {"start": "00:12:36", "end": "00:12:41", "text": "everything comes out now they launch all"}, {"start": "00:12:39", "end": "00:12:43", "text": "kinds of uh of of things but before that"}, {"start": "00:12:41", "end": "00:12:45", "text": "you actually see it on the on the chart"}, {"start": "00:12:43", "end": "00:12:48", "text": "that something is moving someone is pos"}, {"start": "00:12:45", "end": "00:12:51", "text": "positioning so unis swap number one"}, {"start": "00:12:48", "end": "00:12:54", "text": "number two pawns morpho is with yield"}, {"start": "00:12:51", "end": "00:12:55", "text": "just like institutional grade uh defy"}, {"start": "00:12:54", "end": "00:12:57", "text": "protocol kraken is using them everyone"}, {"start": "00:12:55", "end": "00:12:59", "text": "is using them and they're massive on"}, {"start": "00:12:57", "end": "00:13:01", "text": "Robin Hood then you have memes cash uh"}, {"start": "00:12:59", "end": "00:13:03", "text": "hood Robin Hood stock let's actually"}, {"start": "00:13:01", "end": "00:13:05", "text": "check how that has been doing because"}, {"start": "00:13:03", "end": "00:13:08", "text": "now the suits are starting to understand"}, {"start": "00:13:05", "end": "00:13:09", "text": "that holy crap it is a big thing this"}, {"start": "00:13:08", "end": "00:13:09", "text": "thing with"}, {"start": "00:13:09", "end": "00:13:11", "text": ">> [laughter]"}, {"start": "00:13:09", "end": "00:13:13", "text": ">> with the Robin Hood chain and it's"}, {"start": "00:13:11", "end": "00:13:14", "text": "pumping up. Yeah. Yeah. It's pumping"}, {"start": "00:13:13", "end": "00:13:16", "text": "higher. It's pumping higher. Going"}, {"start": "00:13:14", "end": "00:13:18", "text": "higher. Let's see if we can reach"}, {"start": "00:13:16", "end": "00:13:22", "text": "alltime high here at 150. It wouldn't"}, {"start": "00:13:18", "end": "00:13:26", "text": "surprise me because we are seeing all"}, {"start": "00:13:22", "end": "00:13:28", "text": "kinds all kinds of uh suits being"}, {"start": "00:13:26", "end": "00:13:31", "text": "sidelined from the narrative being"}, {"start": "00:13:28", "end": "00:13:32", "text": "sidelined from the narrative of this uh"}, {"start": "00:13:31", "end": "00:13:34", "text": "chain. They don't understand chain. It's"}, {"start": "00:13:32", "end": "00:13:35", "text": "only now that this they're starting to"}, {"start": "00:13:34", "end": "00:13:37", "text": "get it. They're starting to piece two"}, {"start": "00:13:35", "end": "00:13:39", "text": "and two together that a lot of this"}, {"start": "00:13:37", "end": "00:13:41", "text": "revenue from the chain is going to go"}, {"start": "00:13:39", "end": "00:13:44", "text": "into the corporate profits is going to"}, {"start": "00:13:41", "end": "00:13:46", "text": "go into the stock. It there is a"}, {"start": "00:13:44", "end": "00:13:48", "text": "arbitrage here. There is a lag between"}, {"start": "00:13:46", "end": "00:13:50", "text": "the suits understanding. Oh this"}, {"start": "00:13:48", "end": "00:13:52", "text": "L2 it's not like base. It's not like"}, {"start": "00:13:50", "end": "00:13:55", "text": "it's not like base that no one cares."}, {"start": "00:13:52", "end": "00:14:00", "text": "This is real freaking revenue for the"}, {"start": "00:13:55", "end": "00:14:02", "text": "company in ways in ways that uh they"}, {"start": "00:14:00", "end": "00:14:03", "text": "haven't seen before. And uh yeah, it's"}, {"start": "00:14:02", "end": "00:14:06", "text": "uh I think it's going to be reflected"}, {"start": "00:14:03", "end": "00:14:09", "text": "even more in the chart of Robin Hood. So"}, {"start": "00:14:06", "end": "00:14:12", "text": "that's that in terms of u um in terms of"}, {"start": "00:14:09", "end": "00:14:14", "text": "uh the Robin Hood stack so to speak. Now"}, {"start": "00:14:12", "end": "00:14:15", "text": "if you actually look at what's happening"}, {"start": "00:14:14", "end": "00:14:17", "text": "inside the chain because all of these"}, {"start": "00:14:15", "end": "00:14:19", "text": "different things we discussed here more"}, {"start": "00:14:17", "end": "00:14:23", "text": "or less it's the stack it's the infra"}, {"start": "00:14:19", "end": "00:14:26", "text": "you know unis swap is the decks pawns is"}, {"start": "00:14:23", "end": "00:14:28", "text": "the pampan copy this is yield this is a"}, {"start": "00:14:26", "end": "00:14:29", "text": "meme okay it's like the biggest meme"}, {"start": "00:14:28", "end": "00:14:31", "text": "this is the stock so it's like you know"}, {"start": "00:14:29", "end": "00:14:33", "text": "the starter pack you come in there you"}, {"start": "00:14:31", "end": "00:14:36", "text": "don't know anything is is your starter"}, {"start": "00:14:33", "end": "00:14:39", "text": "pack you have the starter pack uh now if"}, {"start": "00:14:36", "end": "00:14:42", "text": "you look a bit deeper what's happening"}, {"start": "00:14:39", "end": "00:14:45", "text": "you have the different meme coins uh"}, {"start": "00:14:42", "end": "00:14:46", "text": "bonded with stocks. So this one is quite"}, {"start": "00:14:45", "end": "00:14:47", "text": "interesting."}, {"start": "00:14:46", "end": "00:14:51", "text": "[laughter]"}, {"start": "00:14:47", "end": "00:14:53", "text": "You have this uh AMC, you know AMC"}, {"start": "00:14:51", "end": "00:14:55", "text": "cinema, you know, cinema, right? I mean"}, {"start": "00:14:53", "end": "00:14:56", "text": "actually I'm I'm you know in the US you"}, {"start": "00:14:55", "end": "00:14:58", "text": "guys know AMC. It's cinema or what is"}, {"start": "00:14:56", "end": "00:15:01", "text": "it? It's a movie theater. You go to the"}, {"start": "00:14:58", "end": "00:15:04", "text": "movie theater AMC. Anyway, they did this"}, {"start": "00:15:01", "end": "00:15:06", "text": "memecoin. It's called a memecoin. AMC"}, {"start": "00:15:04", "end": "00:15:11", "text": "also. And basically it is a memecoin"}, {"start": "00:15:06", "end": "00:15:15", "text": "that is bonded with AMC stock. And it's"}, {"start": "00:15:11", "end": "00:15:17", "text": "interesting because the AMC CEO uh like"}, {"start": "00:15:15", "end": "00:15:19", "text": "of the actual company. He's trying to"}, {"start": "00:15:17", "end": "00:15:20", "text": "understand what's happening because all"}, {"start": "00:15:19", "end": "00:15:23", "text": "of these meme coins they actually drive"}, {"start": "00:15:20", "end": "00:15:26", "text": "a lot of volume for the actual stock."}, {"start": "00:15:23", "end": "00:15:28", "text": "Okay. There needs to be uh when you have"}, {"start": "00:15:26", "end": "00:15:31", "text": "the memecoin pump the stock in the in"}, {"start": "00:15:28", "end": "00:15:33", "text": "the pair has to correlate. So is this"}, {"start": "00:15:31", "end": "00:15:37", "text": "actually like this digent is"}, {"start": "00:15:33", "end": "00:15:41", "text": "actually driving the the volume for this"}, {"start": "00:15:37", "end": "00:15:43", "text": "stock. Okay. Now the CEO of AMC he"}, {"start": "00:15:41", "end": "00:15:44", "text": "noticed that yeah there is this"}, {"start": "00:15:43", "end": "00:15:48", "text": "[laughter]"}, {"start": "00:15:44", "end": "00:15:51", "text": "memecoin that is bonded with his stock"}, {"start": "00:15:48", "end": "00:15:56", "text": "AMC theaters."}, {"start": "00:15:51", "end": "00:15:57", "text": "The memecoin is called a memecoin AMC"}, {"start": "00:15:56", "end": "00:15:59", "text": "[laughter]"}, {"start": "00:15:57", "end": "00:16:01", "text": "and he's saying Robin Hood apparently is"}, {"start": "00:15:59", "end": "00:16:04", "text": "behind an effort related to tokenized"}, {"start": "00:16:01", "end": "00:16:06", "text": "real world assets including stock tokens"}, {"start": "00:16:04", "end": "00:16:09", "text": "for AMC entertainment. They're not"}, {"start": "00:16:06", "end": "00:16:12", "text": "registered under US securities laws. I"}, {"start": "00:16:09", "end": "00:16:15", "text": "find this practice to be contemptable,"}, {"start": "00:16:12", "end": "00:16:18", "text": "outrageous, disgusting, detestable,"}, {"start": "00:16:15", "end": "00:16:22", "text": "inexcusable, vile. Oh yo yo yo yo yo yo"}, {"start": "00:16:18", "end": "00:16:24", "text": "yo yo. Big words. Big words from AMC."}, {"start": "00:16:22", "end": "00:16:28", "text": "How can it possibly be legal? We have no"}, {"start": "00:16:24", "end": "00:16:32", "text": "connection to this at all. We do not and"}, {"start": "00:16:28", "end": "00:16:35", "text": "and do not condone it in any way. So you"}, {"start": "00:16:32", "end": "00:16:36", "text": "do not condone it."}, {"start": "00:16:35", "end": "00:16:38", "text": "What does it mean to condone? Isn't it"}, {"start": "00:16:36", "end": "00:16:40", "text": "when you don't like something? My"}, {"start": "00:16:38", "end": "00:16:42", "text": "sincere condolences. I don't know. So"}, {"start": "00:16:40", "end": "00:16:45", "text": "they don't condone. Is that they like it"}, {"start": "00:16:42", "end": "00:16:46", "text": "or they don't like it? In any case, he"}, {"start": "00:16:45", "end": "00:16:48", "text": "does not understand and he does not like"}, {"start": "00:16:46", "end": "00:16:50", "text": "it. Stock tokens are not registered"}, {"start": "00:16:48", "end": "00:16:52", "text": "under US laws and may not be offered,"}, {"start": "00:16:50", "end": "00:16:54", "text": "sold or delivered directly directly in"}, {"start": "00:16:52", "end": "00:16:56", "text": "the United States yada yada yada. So"}, {"start": "00:16:54", "end": "00:16:59", "text": "guys, basically the conclusion here Vlad"}, {"start": "00:16:56", "end": "00:16:59", "text": "is asking what's the concern? [laughter]"}, {"start": "00:17:00", "end": "00:17:05", "text": "What the concern? What's what do you"}, {"start": "00:17:02", "end": "00:17:06", "text": "want? What is the concern? U well I mean"}, {"start": "00:17:05", "end": "00:17:08", "text": "a concern could be that people think"}, {"start": "00:17:06", "end": "00:17:12", "text": "that it's a real stock while it's"}, {"start": "00:17:08", "end": "00:17:17", "text": "tokenized. It's a it's an IOU basically."}, {"start": "00:17:12", "end": "00:17:20", "text": "Condone is is they don't approve. Yeah."}, {"start": "00:17:17", "end": "00:17:22", "text": "But they don't condone. So look here."}, {"start": "00:17:20", "end": "00:17:25", "text": "Look here. Look here. And do not"}, {"start": "00:17:22", "end": "00:17:27", "text": "condone. So they they don't approve but"}, {"start": "00:17:25", "end": "00:17:29", "text": "they not don't approve. They don't not"}, {"start": "00:17:27", "end": "00:17:31", "text": "approve. So they approve. Is that is"}, {"start": "00:17:29", "end": "00:17:33", "text": "that what is is he good at English or am"}, {"start": "00:17:31", "end": "00:17:35", "text": "I good at English? Who is good at"}, {"start": "00:17:33", "end": "00:17:37", "text": "English here? Because someone is bad at"}, {"start": "00:17:35", "end": "00:17:39", "text": "English here. I mean my expectation"}, {"start": "00:17:37", "end": "00:17:41", "text": "would be that they he would write"}, {"start": "00:17:39", "end": "00:17:44", "text": "condone. It will condone it in all"}, {"start": "00:17:41", "end": "00:17:46", "text": "possible ways. But I don't understand."}, {"start": "00:17:44", "end": "00:17:48", "text": "Listen, doesn't matter. He He's not"}, {"start": "00:17:46", "end": "00:17:49", "text": "happy. The conclusion, the guy is not"}, {"start": "00:17:48", "end": "00:17:52", "text": "happy."}, {"start": "00:17:49", "end": "00:17:55", "text": "Okay. Uh he's not happy. He's not happy."}, {"start": "00:17:52", "end": "00:17:59", "text": "Condone is approve. They don't like it."}, {"start": "00:17:55", "end": "00:18:01", "text": "The end. It means do not accept. Grant."}, {"start": "00:17:59", "end": "00:18:03", "text": "[laughter]"}, {"start": "00:18:01", "end": "00:18:05", "text": "Don't condone. No approve. Okay. Okay."}, {"start": "00:18:03", "end": "00:18:07", "text": "So, condone is approve. Okay. Good."}, {"start": "00:18:05", "end": "00:18:09", "text": "Good. Glad we could figure that out."}, {"start": "00:18:07", "end": "00:18:10", "text": "Yeah. We We need to set the record"}, {"start": "00:18:09", "end": "00:18:13", "text": "straight."}, {"start": "00:18:10", "end": "00:18:15", "text": "Okay. He does not not allow it. He"}, {"start": "00:18:13", "end": "00:18:17", "text": "doesn't allow it. Okay. Anyway, so guys,"}, {"start": "00:18:15", "end": "00:18:19", "text": "attention we Vlad comes out saying,"}, {"start": "00:18:17", "end": "00:18:21", "text": "\"What's the concern? What's the concern?"}, {"start": "00:18:19", "end": "00:18:22", "text": "What's the concern?\" Let's see what"}, {"start": "00:18:21", "end": "00:18:24", "text": "people are saying. What is the concern?"}, {"start": "00:18:22", "end": "00:18:26", "text": "I don't know what the concern is. I"}, {"start": "00:18:24", "end": "00:18:27", "text": "mean, the concern is that if you have a"}, {"start": "00:18:26", "end": "00:18:29", "text": "company, you more or less want to know"}, {"start": "00:18:27", "end": "00:18:31", "text": "what's happening to your stock. Many"}, {"start": "00:18:29", "end": "00:18:33", "text": "private companies, for example, they"}, {"start": "00:18:31", "end": "00:18:35", "text": "have all kinds of rules who can buy the"}, {"start": "00:18:33", "end": "00:18:36", "text": "stock, who cannot buy the stock, who who"}, {"start": "00:18:35", "end": "00:18:38", "text": "you can transfer the stock to. But"}, {"start": "00:18:36", "end": "00:18:40", "text": "that's private. He's a public company."}, {"start": "00:18:38", "end": "00:18:41", "text": "But even in a public company, I guess"}, {"start": "00:18:40", "end": "00:18:45", "text": "they want to understand where the stock"}, {"start": "00:18:41", "end": "00:18:47", "text": "is flowing, who owns it. If you buy AMC,"}, {"start": "00:18:45", "end": "00:18:49", "text": "you're not buying this spot. You're"}, {"start": "00:18:47", "end": "00:18:51", "text": "buying a token. God knows if it's going"}, {"start": "00:18:49", "end": "00:18:53", "text": "to pump the actual AMC stock on the"}, {"start": "00:18:51", "end": "00:18:55", "text": "stock market. Maybe it hurts his"}, {"start": "00:18:53", "end": "00:18:57", "text": "performance. You know, he as CEO needs"}, {"start": "00:18:55", "end": "00:18:59", "text": "to pump the actual stock and here digs"}, {"start": "00:18:57", "end": "00:19:02", "text": "are pumping the tokenized stock. And is"}, {"start": "00:18:59", "end": "00:19:03", "text": "there arbitrage that take it take that"}, {"start": "00:19:02", "end": "00:19:06", "text": "difference out? I mean, can be many"}, {"start": "00:19:03", "end": "00:19:07", "text": "reasons why he is not happy. I would"}, {"start": "00:19:06", "end": "00:19:10", "text": "just I mean if I would be him I would"}, {"start": "00:19:07", "end": "00:19:12", "text": "just lean in into this uh like hell. I"}, {"start": "00:19:10", "end": "00:19:14", "text": "would just lean into it like there's no"}, {"start": "00:19:12", "end": "00:19:16", "text": "tomorrow you know. Basically there's a"}, {"start": "00:19:14", "end": "00:19:19", "text": "narrative here where onchain trenchers"}, {"start": "00:19:16", "end": "00:19:21", "text": "can pump can pump my stock. So let's"}, {"start": "00:19:19", "end": "00:19:23", "text": "pump it guys. Let's pump it heavily"}, {"start": "00:19:21", "end": "00:19:25", "text": "heavily heavily. So this is basically"}, {"start": "00:19:23", "end": "00:19:27", "text": "what Robin Hood the chain is all about."}, {"start": "00:19:25", "end": "00:19:30", "text": "It's doing meme and bonding it with"}, {"start": "00:19:27", "end": "00:19:35", "text": "stock. If you look at the let's see what"}, {"start": "00:19:30", "end": "00:19:37", "text": "the other ones here uh you have serious"}, {"start": "00:19:35", "end": "00:19:39", "text": "baby AI"}, {"start": "00:19:37", "end": "00:19:41", "text": "this one is oh yeah this one was also"}, {"start": "00:19:39", "end": "00:19:44", "text": "with what this one was bonded with what"}, {"start": "00:19:41", "end": "00:19:46", "text": "Nvidia Nvidia Nvidia yeah yeah yeah so"}, {"start": "00:19:44", "end": "00:19:49", "text": "this is like the same the same idea but"}, {"start": "00:19:46", "end": "00:19:52", "text": "Nvidia"}, {"start": "00:19:49", "end": "00:19:54", "text": "yeah I mean you guys can go nuts here"}, {"start": "00:19:52", "end": "00:19:56", "text": "currently my my strategy currently is to"}, {"start": "00:19:54", "end": "00:19:58", "text": "focus on the infra is to you know the"}, {"start": "00:19:56", "end": "00:19:59", "text": "pawns the unis this and that If you guys"}, {"start": "00:19:58", "end": "00:20:02", "text": "want to go nuts with this baby"}, {"start": "00:19:59", "end": "00:20:06", "text": "artificial in or what else happening up"}, {"start": "00:20:02", "end": "00:20:09", "text": "to you up to you and uh yeah uh it it is"}, {"start": "00:20:06", "end": "00:20:11", "text": "valid strategy if you really focus you"}, {"start": "00:20:09", "end": "00:20:13", "text": "really focus on this and you are this is"}, {"start": "00:20:11", "end": "00:20:14", "text": "not where you buy and you like forget it"}, {"start": "00:20:13", "end": "00:20:16", "text": "for a few weeks. You need to focus on"}, {"start": "00:20:14", "end": "00:20:18", "text": "it. You need to be checking in what's"}, {"start": "00:20:16", "end": "00:20:19", "text": "happening. And in Bulmania we have a"}, {"start": "00:20:18", "end": "00:20:22", "text": "great guy who is doing that all the"}, {"start": "00:20:19", "end": "00:20:25", "text": "time. He's awake all the time. He"}, {"start": "00:20:22", "end": "00:20:27", "text": "actually called pawns super early. Super"}, {"start": "00:20:25", "end": "00:20:29", "text": "super early. His name is Steve. Let me"}, {"start": "00:20:27", "end": "00:20:32", "text": "see if I can find him. Tu, man. Oh,"}, {"start": "00:20:29", "end": "00:20:35", "text": "yeah. Here, here, here. Tu, look here."}, {"start": "00:20:32", "end": "00:20:39", "text": "This guy in our Discord in in Bulmania"}, {"start": "00:20:35", "end": "00:20:42", "text": "Discord posted here on September. Uh,"}, {"start": "00:20:39", "end": "00:20:44", "text": "oh, sorry. No, no, this was u this this"}, {"start": "00:20:42", "end": "00:20:47", "text": "was just him checking since his first"}, {"start": "00:20:44", "end": "00:20:49", "text": "post. All in all, 59 eggs with pawns in"}, {"start": "00:20:47", "end": "00:20:50", "text": "Bulmania Discord. Join the most pro."}, {"start": "00:20:49", "end": "00:20:52", "text": "Yeah, correct, correct, correct,"}, {"start": "00:20:50", "end": "00:20:55", "text": "correct. So in our discord we have the"}, {"start": "00:20:52", "end": "00:20:57", "text": "different sessions for the people whose"}, {"start": "00:20:55", "end": "00:20:59", "text": "brain is fried and they need constant"}, {"start": "00:20:57", "end": "00:21:02", "text": "dopamine for you. You need to go and"}, {"start": "00:20:59", "end": "00:21:05", "text": "basically be with Tu. Tu is your guy. He"}, {"start": "00:21:02", "end": "00:21:08", "text": "is there all the time uh finding new"}, {"start": "00:21:05", "end": "00:21:10", "text": "memes executing on new memes. And of"}, {"start": "00:21:08", "end": "00:21:12", "text": "course having the mechanical rules you"}, {"start": "00:21:10", "end": "00:21:14", "text": "understand you you understand that uh"}, {"start": "00:21:12", "end": "00:21:15", "text": "you can enter you have a exit strategy."}, {"start": "00:21:14", "end": "00:21:18", "text": "It's it's not random where you just"}, {"start": "00:21:15", "end": "00:21:20", "text": "enter like a casino. you you do take"}, {"start": "00:21:18", "end": "00:21:23", "text": "more risk absolutely with all of these"}, {"start": "00:21:20", "end": "00:21:24", "text": "memes. Uh but some people they want it."}, {"start": "00:21:23", "end": "00:21:28", "text": "I mean they're here now it's bull"}, {"start": "00:21:24", "end": "00:21:31", "text": "market. If any anytime it's now to be"}, {"start": "00:21:28", "end": "00:21:33", "text": "this retardio and to be in the trenches"}, {"start": "00:21:31", "end": "00:21:36", "text": "okay if if it's any time it's now. Let's"}, {"start": "00:21:33", "end": "00:21:38", "text": "see what he says now is 63x with uh with"}, {"start": "00:21:36", "end": "00:21:42", "text": "pawns. Exactly. Exactly. Exactly. Very"}, {"start": "00:21:38", "end": "00:21:44", "text": "very nice. Uh fantastic. Fantastic. I"}, {"start": "00:21:42", "end": "00:21:46", "text": "mean he's here all the time. So that's"}, {"start": "00:21:44", "end": "00:21:49", "text": "that for most people though. For most"}, {"start": "00:21:46", "end": "00:21:51", "text": "people, I don't think it's good to be"}, {"start": "00:21:49", "end": "00:21:53", "text": "too much into non-infra plays. Now,"}, {"start": "00:21:51", "end": "00:21:56", "text": "pawns is an infra play. Pon is not a"}, {"start": "00:21:53", "end": "00:21:58", "text": "meme. It's an intra play. But for most"}, {"start": "00:21:56", "end": "00:21:59", "text": "people who, you know, buy something and"}, {"start": "00:21:58", "end": "00:22:02", "text": "they expect to hold it man at least a"}, {"start": "00:21:59", "end": "00:22:03", "text": "week, at least two weeks. Keep it keep"}, {"start": "00:22:02", "end": "00:22:05", "text": "infra. Don't [clears throat] go too too"}, {"start": "00:22:03", "end": "00:22:07", "text": "much into in the trench because the 15"}, {"start": "00:22:05", "end": "00:22:08", "text": "year olds are going to steal your money."}, {"start": "00:22:07", "end": "00:22:10", "text": "Okay? Gen Z's are going to steal your"}, {"start": "00:22:08", "end": "00:22:11", "text": "money. And also, you you don't want to"}, {"start": "00:22:10", "end": "00:22:12", "text": "be bar. You don't want to be barer. No,"}, {"start": "00:22:11", "end": "00:22:14", "text": "you don't want to be barer. You don't"}, {"start": "00:22:12", "end": "00:22:16", "text": "want to be trapped. Big shout to Big"}, {"start": "00:22:14", "end": "00:22:18", "text": "shout to Ben. Big shout to Ben."}, {"start": "00:22:16", "end": "00:22:20", "text": "But since July, we disagree a bit. And"}, {"start": "00:22:18", "end": "00:22:22", "text": "you don't want to be trapped. You don't"}, {"start": "00:22:20", "end": "00:22:26", "text": "want to be trapped. So guys, that's"}, {"start": "00:22:22", "end": "00:22:29", "text": "that. Uh, moving on."}, {"start": "00:22:26", "end": "00:22:31", "text": "S&P 500. Where is this guy?"}, {"start": "00:22:29", "end": "00:22:34", "text": "Oh, is this famous old guy on S&P?"}, {"start": "00:22:31", "end": "00:22:35", "text": ">> What did I say yesterday? I said that on"}, {"start": "00:22:34", "end": "00:22:36", "text": "the downside."}, {"start": "00:22:35", "end": "00:22:38", "text": ">> Okay."}, {"start": "00:22:36", "end": "00:22:40", "text": ">> Is the gnome that lives in NASDAQ? Uh,"}, {"start": "00:22:38", "end": "00:22:43", "text": "in the in the"}, {"start": "00:22:40", "end": "00:22:46", "text": "in the Arctic. Arctic. Jose. Attic."}, {"start": "00:22:43", "end": "00:22:48", "text": "Attic. Attic. Uh. attic because I he's"}, {"start": "00:22:46", "end": "00:22:51", "text": "this guy is famous, you know, it's he's"}, {"start": "00:22:48", "end": "00:22:53", "text": "famous in, you know, media. This guy,"}, {"start": "00:22:51", "end": "00:22:56", "text": "you know, he's like Einstein, Mia"}, {"start": "00:22:53", "end": "00:22:58", "text": "Einstein in the NASDAQ building attic."}, {"start": "00:22:56", "end": "00:23:00", "text": "He I think he lives there."}, {"start": "00:22:58", "end": "00:23:01", "text": ">> Hey everybody, it's me, Beyond Center"}, {"start": "00:23:00", "end": "00:23:03", "text": "Wall Street here from the floor of the"}, {"start": "00:23:01", "end": "00:23:05", "text": "New York Stock Exchange, the greatest"}, {"start": "00:23:03", "end": "00:23:08", "text": "financial institution in the world. The"}, {"start": "00:23:05", "end": "00:23:10", "text": "ceiling, the floor quarter for 250,000,"}, {"start": "00:23:08", "end": "00:23:12", "text": "250,000, 38. Take them. Take them. Take"}, {"start": "00:23:10", "end": "00:23:14", "text": "them. Let's talk about it. What did I"}, {"start": "00:23:12", "end": "00:23:19", "text": "say yesterday? What did I say yesterday?"}, {"start": "00:23:14", "end": "00:23:21", "text": "I said that on the downside, okay,"}, {"start": "00:23:19", "end": "00:23:21", "text": ">> we usually have a reversal after there's"}, {"start": "00:23:21", "end": "00:23:22", "text": "no"}, {"start": "00:23:21", "end": "00:23:24", "text": ">> By the way, I big shout out to this guy."}, {"start": "00:23:22", "end": "00:23:26", "text": "I mean, he's uh doing doing good"}, {"start": "00:23:24", "end": "00:23:29", "text": "content. U fantastic. He's keeping up"}, {"start": "00:23:26", "end": "00:23:32", "text": "with the time. But uh what am I saying"}, {"start": "00:23:29", "end": "00:23:34", "text": "here? Why why are we looking at um him?"}, {"start": "00:23:32", "end": "00:23:36", "text": "Uh"}, {"start": "00:23:34", "end": "00:23:38", "text": "stock bullish. Okay. [laughter]"}, {"start": "00:23:36", "end": "00:23:40", "text": "Stock going all high. The stock alltime"}, {"start": "00:23:38", "end": "00:23:42", "text": "high. Crypto all time high. Everything"}, {"start": "00:23:40", "end": "00:23:44", "text": "going all high. Bitcoin boop teleport to"}, {"start": "00:23:42", "end": "00:23:45", "text": "100k. Easy, easy, easy. If we go bull"}, {"start": "00:23:44", "end": "00:23:47", "text": "trend, boop, teleport to 100k, all the"}, {"start": "00:23:45", "end": "00:23:50", "text": "bears, all the bears will have to buy."}, {"start": "00:23:47", "end": "00:23:51", "text": "Okay? They will have to buy or be on the"}, {"start": "00:23:50", "end": "00:23:52", "text": "on the on the sidelines. That's it."}, {"start": "00:23:51", "end": "00:23:55", "text": "Simple. Simple."}, {"start": "00:23:52", "end": "00:23:57", "text": ">> No follow through on the downside when"}, {"start": "00:23:55", "end": "00:23:58", "text": "the market comes in, right? Because"}, {"start": "00:23:57", "end": "00:24:01", "text": ">> it's bullish. It's Bullish."}, {"start": "00:23:58", "end": "00:24:02", "text": "Fantastic. Fantastic. Gold up. Even gold"}, {"start": "00:24:01", "end": "00:24:05", "text": "is up. Fantastic. Fantastic. What else?"}, {"start": "00:24:02", "end": "00:24:07", "text": "What else? Uh pawns just printed it"}, {"start": "00:24:05", "end": "00:24:10", "text": "largest revenue hour since many people"}, {"start": "00:24:07", "end": "00:24:12", "text": "do Robin Hood chain. Robin Hood just ate"}, {"start": "00:24:10", "end": "00:24:14", "text": "L2 market in two months. Fantastic."}, {"start": "00:24:12", "end": "00:24:16", "text": "Fantastic. Yeah, there you go. [snorts]"}, {"start": "00:24:14", "end": "00:24:19", "text": "Uh, I mean, listen, respect, respect."}, {"start": "00:24:16", "end": "00:24:22", "text": "With just respect. We see this insane"}, {"start": "00:24:19", "end": "00:24:24", "text": "growth. We just respect. Officially,"}, {"start": "00:24:22", "end": "00:24:26", "text": "Robin Hood."}, {"start": "00:24:24", "end": "00:24:29", "text": ">> Sorry, guys. There's things dropping"}, {"start": "00:24:26", "end": "00:24:32", "text": "here. Officially, Robin Hood is not"}, {"start": "00:24:29", "end": "00:24:34", "text": "comparable with Bass, man. Now, this"}, {"start": "00:24:32", "end": "00:24:37", "text": "whole Jesse era, it just it makes it"}, {"start": "00:24:34", "end": "00:24:39", "text": "even more funny."}, {"start": "00:24:37", "end": "00:24:41", "text": "this whole Jesse era. We were worried"}, {"start": "00:24:39", "end": "00:24:43", "text": "like a month ago that it would be like"}, {"start": "00:24:41", "end": "00:24:46", "text": "another Jesse, you know, another"}, {"start": "00:24:43", "end": "00:24:49", "text": "corporate chain. But uh, holy crap, holy"}, {"start": "00:24:46", "end": "00:24:51", "text": "crap, holy crap, we are very bullish."}, {"start": "00:24:49", "end": "00:24:54", "text": "But looking back, what the hell did"}, {"start": "00:24:51", "end": "00:24:58", "text": "Jesse do? Jesse Pak from Bass. What did"}, {"start": "00:24:54", "end": "00:25:01", "text": "he He had a whole cycle for himself."}, {"start": "00:24:58", "end": "00:25:03", "text": "Instead of doing this proper stuff that"}, {"start": "00:25:01", "end": "00:25:06", "text": "people love with the memes, with the you"}, {"start": "00:25:03", "end": "00:25:10", "text": "know token I talk everything they did"}, {"start": "00:25:06", "end": "00:25:12", "text": "you can mint your tweet. Okay. Okay."}, {"start": "00:25:10", "end": "00:25:15", "text": "What what Okay. What"}, {"start": "00:25:12", "end": "00:25:17", "text": "he what they did? They went out. Are you"}, {"start": "00:25:15", "end": "00:25:20", "text": "on chain? Are interview people. Oh man."}, {"start": "00:25:17", "end": "00:25:22", "text": "Jesse Jesse. Jesse. Like this this whole"}, {"start": "00:25:20", "end": "00:25:25", "text": "Robin Hood thing. It just I love Jesse"}, {"start": "00:25:22", "end": "00:25:27", "text": "even more. You know"}, {"start": "00:25:25", "end": "00:25:30", "text": "this whole Jesse era with bass. It's"}, {"start": "00:25:27", "end": "00:25:32", "text": "even more funny. It's crazy, guys. It's"}, {"start": "00:25:30", "end": "00:25:33", "text": "crazy. Now, let let's see here a very"}, {"start": "00:25:32", "end": "00:25:36", "text": "important announcement from uh Rob Robin"}, {"start": "00:25:33", "end": "00:25:38", "text": "Hood and um sorry, from unis swap and"}, {"start": "00:25:36", "end": "00:25:41", "text": "pawns. Basically, unis swap has"}, {"start": "00:25:38", "end": "00:25:44", "text": "purchased pawns for long-term alignment."}, {"start": "00:25:41", "end": "00:25:47", "text": "Okay. Uh so, it's interesting because"}, {"start": "00:25:44", "end": "00:25:49", "text": "unis swap tried to do their own uh pawn"}, {"start": "00:25:47", "end": "00:25:52", "text": "skiller. You can say their own unis swap"}, {"start": "00:25:49", "end": "00:25:54", "text": "clone on Robin Hood. Sorry, their own"}, {"start": "00:25:52", "end": "00:25:56", "text": "pon fun clone on Robin Hood. They failed"}, {"start": "00:25:54", "end": "00:25:57", "text": "and now they just said, \"F it, f it."}, {"start": "00:25:56", "end": "00:26:01", "text": "Let's go. Let's go pawns. We tried."}, {"start": "00:25:57", "end": "00:26:03", "text": "Pawns is stronger. Let's just buy pawns."}, {"start": "00:26:01", "end": "00:26:05", "text": "And basically the way it works is that"}, {"start": "00:26:03", "end": "00:26:07", "text": "pawns I think promises I guess there is"}, {"start": "00:26:05", "end": "00:26:10", "text": "some kind of partnership here official"}, {"start": "00:26:07", "end": "00:26:12", "text": "partnership where pawns promises to use"}, {"start": "00:26:10", "end": "00:26:14", "text": "unis swap and not do their own decks"}, {"start": "00:26:12", "end": "00:26:17", "text": "like pamp did on salana. You know on"}, {"start": "00:26:14", "end": "00:26:20", "text": "salana pan have their own amm. I guess"}, {"start": "00:26:17", "end": "00:26:23", "text": "here pon said guys unis swap we love"}, {"start": "00:26:20", "end": "00:26:25", "text": "you. Buy our coin. Buy our coin. Let's"}, {"start": "00:26:23", "end": "00:26:28", "text": "have formal partnership. We just use"}, {"start": "00:26:25", "end": "00:26:30", "text": "you. We just use you and we go to"}, {"start": "00:26:28", "end": "00:26:32", "text": "Valhalla together. So, uh, look here,"}, {"start": "00:26:30", "end": "00:26:33", "text": "this is an interesting take. Unis swap"}, {"start": "00:26:32", "end": "00:26:35", "text": "just made the pawns bet for you. Unis"}, {"start": "00:26:33", "end": "00:26:37", "text": "swap launched a competing launchpad on"}, {"start": "00:26:35", "end": "00:26:39", "text": "Robin Hood. Four weeks later, it bought"}, {"start": "00:26:37", "end": "00:26:42", "text": "pawns for long-term alignment. Uh, and,"}, {"start": "00:26:39", "end": "00:26:45", "text": "uh, think about that 56 million"}, {"start": "00:26:42", "end": "00:26:47", "text": "basically in pawns fees in 24 hours. 1.9"}, {"start": "00:26:45", "end": "00:26:50", "text": "1.9 Robin Shane Dex volume in a day."}, {"start": "00:26:47", "end": "00:26:52", "text": "Yada yada. You can read here. Now there"}, {"start": "00:26:50", "end": "00:26:54", "text": "is one if if I am to take the bearish"}, {"start": "00:26:52", "end": "00:26:55", "text": "stance because we always have to manage"}, {"start": "00:26:54", "end": "00:26:57", "text": "risk. We have to look from both sides."}, {"start": "00:26:55", "end": "00:27:00", "text": "The bearish stance is that the fees are"}, {"start": "00:26:57", "end": "00:27:02", "text": "becoming uh way higher than in the past."}, {"start": "00:27:00", "end": "00:27:06", "text": "Still cheap. I mean still know 33 cents"}, {"start": "00:27:02", "end": "00:27:09", "text": "but um all in all if this continues"}, {"start": "00:27:06", "end": "00:27:12", "text": "let's say tomorrow fees are $5 $10. If"}, {"start": "00:27:09", "end": "00:27:14", "text": "it keeps growing like this uh it may be"}, {"start": "00:27:12", "end": "00:27:17", "text": "a problem. I mean for now 30 cents this"}, {"start": "00:27:14", "end": "00:27:20", "text": "and that is not too big but u uh the"}, {"start": "00:27:17", "end": "00:27:22", "text": "fees are spiking like the the EVM"}, {"start": "00:27:20", "end": "00:27:25", "text": "ecosystem infrastructure not super"}, {"start": "00:27:22", "end": "00:27:27", "text": "scalable but for now it's okay I mean if"}, {"start": "00:27:25", "end": "00:27:29", "text": "we see a trend the the problem is the"}, {"start": "00:27:27", "end": "00:27:31", "text": "trend uh for now though no one cares you"}, {"start": "00:27:29", "end": "00:27:33", "text": "know living in India you can move to"}, {"start": "00:27:31", "end": "00:27:35", "text": "India you can you live in India cheap"}, {"start": "00:27:33", "end": "00:27:37", "text": "you can pay 30 cents okay you can pay 30"}, {"start": "00:27:35", "end": "00:27:40", "text": "cents you can pay 30 cents so guys"}, {"start": "00:27:37", "end": "00:27:44", "text": "that's that with the whole uh ecosystem"}, {"start": "00:27:40", "end": "00:27:47", "text": "uh and uh Yeah. Uh let's see where we"}, {"start": "00:27:44", "end": "00:27:49", "text": "end up in this crazy crazy bull market."}, {"start": "00:27:47", "end": "00:27:53", "text": "But I think it's very bright. I think we"}, {"start": "00:27:49", "end": "00:27:55", "text": "are uh guys can can we just humbly look"}, {"start": "00:27:53", "end": "00:27:57", "text": "back at how great we've been riding"}, {"start": "00:27:55", "end": "00:27:59", "text": "this? I mean just humbly guys I I don't"}, {"start": "00:27:57", "end": "00:28:02", "text": "I don't I don't want anything over the"}, {"start": "00:27:59", "end": "00:28:06", "text": "top. Can we just humbly all confirm that"}, {"start": "00:28:02", "end": "00:28:08", "text": "we slayed this whole cycle in ways that"}, {"start": "00:28:06", "end": "00:28:10", "text": "like no one thought possible? like no no"}, {"start": "00:28:08", "end": "00:28:11", "text": "no one thought it would possible to do"}, {"start": "00:28:10", "end": "00:28:13", "text": "something like we've done on this"}, {"start": "00:28:11", "end": "00:28:16", "text": "channel. Let's just take a a silent"}, {"start": "00:28:13", "end": "00:28:16", "text": "minute"}, {"start": "00:28:17", "end": "00:28:21", "text": "and look back"}, {"start": "00:28:19", "end": "00:28:23", "text": "and see what's been happening here"}, {"start": "00:28:21", "end": "00:28:25", "text": "because the the magic has been happening"}, {"start": "00:28:23", "end": "00:28:28", "text": "here."}, {"start": "00:28:25", "end": "00:28:31", "text": "Bullish January 2023, bearish October"}, {"start": "00:28:28", "end": "00:28:36", "text": "2025, bullish July"}, {"start": "00:28:31", "end": "00:28:38", "text": "2026 and mega bull if we go bull trend."}, {"start": "00:28:36", "end": "00:28:40", "text": "H I mean just humbly guys I'm I'm not"}, {"start": "00:28:38", "end": "00:28:42", "text": "asking for anything over the top just"}, {"start": "00:28:40", "end": "00:28:44", "text": "humbly just humbly can we take in this"}, {"start": "00:28:42", "end": "00:28:45", "text": "moment can we just take in this moment"}, {"start": "00:28:44", "end": "00:28:49", "text": "because you know we always focus on the"}, {"start": "00:28:45", "end": "00:28:54", "text": "next thing always next but let's just"}, {"start": "00:28:49", "end": "00:28:56", "text": "take this moment take in how amazing"}, {"start": "00:28:54", "end": "00:28:59", "text": "we've been doing it you have to"}, {"start": "00:28:56", "end": "00:29:01", "text": "sometimes pause otherwise move life"}, {"start": "00:28:59", "end": "00:29:03", "text": "moves on so fast you achieve something"}, {"start": "00:29:01", "end": "00:29:05", "text": "then bum new goal new goal new thing new"}, {"start": "00:29:03", "end": "00:29:07", "text": "thing new thing to run after but"}, {"start": "00:29:05", "end": "00:29:07", "text": "sometimes"}, {"start": "00:29:08", "end": "00:29:13", "text": "You just got to pause. You got to say,"}, {"start": "00:29:10", "end": "00:29:17", "text": "\"Holy crap, we we freaking nailed it. We"}, {"start": "00:29:13", "end": "00:29:17", "text": "nailed it in a very very nice way."}, {"start": "00:29:20", "end": "00:29:26", "text": "Very nice."}, {"start": "00:29:22", "end": "00:29:26", "text": "Very nice, guys."}, {"start": "00:29:27", "end": "00:29:32", "text": "I don't condone. We're humble. Just"}, {"start": "00:29:30", "end": "00:29:34", "text": "humbly, guys. Nothing over the top. Just"}, {"start": "00:29:32", "end": "00:29:38", "text": "humbly. Super humbly. We take the"}, {"start": "00:29:34", "end": "00:29:39", "text": "credit. We take we just ensure that we"}, {"start": "00:29:38", "end": "00:29:43", "text": "pause and we move on. Guys, let's check"}, {"start": "00:29:39", "end": "00:29:44", "text": "the bull flips. Then we go to Q&A. So, B"}, {"start": "00:29:43", "end": "00:29:48", "text": "uh Bitcoin"}, {"start": "00:29:44", "end": "00:29:51", "text": "almost bullish. We have to close the"}, {"start": "00:29:48", "end": "00:29:55", "text": "week. Almost bullish. Let's see. XRP"}, {"start": "00:29:51", "end": "00:29:56", "text": "bullish since here uh 24th. Uh actually"}, {"start": "00:29:55", "end": "00:29:58", "text": "a bit lower now than when it was"}, {"start": "00:29:56", "end": "00:30:00", "text": "bullish. So, probably a good time to"}, {"start": "00:29:58", "end": "00:30:04", "text": "allocate because you get a bit of a"}, {"start": "00:30:00", "end": "00:30:08", "text": "discount. Sana bullish. bullish up 10%"}, {"start": "00:30:04", "end": "00:30:11", "text": "since the 24th bullish ETH"}, {"start": "00:30:08", "end": "00:30:14", "text": "bullish going higher up 3% since the"}, {"start": "00:30:11", "end": "00:30:14", "text": "bullish"}, {"start": "00:30:14", "end": "00:30:18", "text": "BNB bullish bullish bullish but you see"}, {"start": "00:30:17", "end": "00:30:20", "text": "guys you haven't actually missed too"}, {"start": "00:30:18", "end": "00:30:21", "text": "much yet in most of these big caps"}, {"start": "00:30:20", "end": "00:30:24", "text": "because they haven't moved too much like"}, {"start": "00:30:21", "end": "00:30:28", "text": "Sana has moved 10% is the is the biggest"}, {"start": "00:30:24", "end": "00:30:32", "text": "move in a in a big cap since bull flip"}, {"start": "00:30:28", "end": "00:30:35", "text": "ETH hasn't moved anything I mean 3% BNB"}, {"start": "00:30:32", "end": "00:30:38", "text": "hasn't moved anything. Uh, Alex is not"}, {"start": "00:30:35", "end": "00:30:40", "text": "even bullish. Hyperlquid is bullish,"}, {"start": "00:30:38", "end": "00:30:42", "text": "bullish, bullish since here. Okay, here"}, {"start": "00:30:40", "end": "00:30:47", "text": "you missed a lot. It's since March is"}, {"start": "00:30:42", "end": "00:30:47", "text": "bullish. 126. Uh, let's see. SUI BANANA"}, {"start": "00:30:47", "end": "00:30:51", "text": "ZONE. [screaming]"}, {"start": "00:30:47", "end": "00:30:55", "text": "WHERE IS THE BANANA ZONE? Banana zone."}, {"start": "00:30:51", "end": "00:30:58", "text": "Avoid 2% inflation by buying Sui and"}, {"start": "00:30:55", "end": "00:31:02", "text": "losing 90%."}, {"start": "00:30:58", "end": "00:31:02", "text": "Banana zone. Global M2. A"}, {"start": "00:31:02", "end": "00:31:07", "text": ">> [snorts]"}, {"start": "00:31:02", "end": "00:31:07", "text": ">> uh Zcash off."}, {"start": "00:31:10", "end": "00:31:16", "text": "You see the power of the bull trend."}, {"start": "00:31:11", "end": "00:31:18", "text": "Holy crap. Bullish innocent Valhalla."}, {"start": "00:31:16", "end": "00:31:22", "text": "Best capital efficiency. As soon as it's"}, {"start": "00:31:18", "end": "00:31:26", "text": "bull trend, it's fantastic."}, {"start": "00:31:22", "end": "00:31:28", "text": "Rahul, you guys got Rahul in Sui."}, {"start": "00:31:26", "end": "00:31:30", "text": "Big shout. I We love everyone. We love"}, {"start": "00:31:28", "end": "00:31:33", "text": "everyone. But some people told me, \"Hey,"}, {"start": "00:31:30", "end": "00:31:36", "text": "Ian, I got Raul."}, {"start": "00:31:33", "end": "00:31:37", "text": "Raul in Su. I got a bit of Raul.\" Okay,"}, {"start": "00:31:36", "end": "00:31:40", "text": "I will try to make it better next time."}, {"start": "00:31:37", "end": "00:31:43", "text": "But this time, I got a bit of Raul."}, {"start": "00:31:40", "end": "00:31:44", "text": "Yeah. Anyway, guys, listen. Uh, yeah."}, {"start": "00:31:43", "end": "00:31:46", "text": "Bull trend here, bull trend. There we"}, {"start": "00:31:44", "end": "00:31:48", "text": "have bull trends. Let's see. Doge. When"}, {"start": "00:31:46", "end": "00:31:51", "text": "is Doge bull trend? Soon. Oh. Oh, what"}, {"start": "00:31:48", "end": "00:31:54", "text": "is this Easter egg? [laughter]"}, {"start": "00:31:51", "end": "00:31:58", "text": "Trading your Easter egg. Pan bullish. Up"}, {"start": "00:31:54", "end": "00:31:59", "text": "61% since August 10th. I got Raul, too."}, {"start": "00:31:58", "end": "00:32:01", "text": ">> [laughter]"}, {"start": "00:31:59", "end": "00:32:04", "text": ">> Guys, don't get rled. How to not get"}, {"start": "00:32:01", "end": "00:32:05", "text": "rolled? Go subscribe to newsletter. I"}, {"start": "00:32:04", "end": "00:32:06", "text": "mean, listen, it's the easiest. You"}, {"start": "00:32:05", "end": "00:32:09", "text": "subscribe to your channel. But the thing"}, {"start": "00:32:06", "end": "00:32:10", "text": "is, I don't trust YouTube sending"}, {"start": "00:32:09", "end": "00:32:12", "text": "notification. So, it's good that you"}, {"start": "00:32:10", "end": "00:32:17", "text": "subscribe to your channel, but for to to"}, {"start": "00:32:12", "end": "00:32:19", "text": "really lock in lock in the subscription,"}, {"start": "00:32:17", "end": "00:32:20", "text": "go to bull.com/subscribe,"}, {"start": "00:32:19", "end": "00:32:22", "text": "join the newsletter. That That's the"}, {"start": "00:32:20", "end": "00:32:24", "text": "true That's the true one. Then you you"}, {"start": "00:32:22", "end": "00:32:26", "text": "wouldn't get Raul. I mean, we've been"}, {"start": "00:32:24", "end": "00:32:30", "text": "very clear even in the newsletter."}, {"start": "00:32:26", "end": "00:32:32", "text": "Uh so that's that. Uh so guys, let's go"}, {"start": "00:32:30", "end": "00:32:35", "text": "to Q&A questions, answer debates. Big"}, {"start": "00:32:32", "end": "00:32:38", "text": "shout out to Guzman Guzmana for time"}, {"start": "00:32:35", "end": "00:32:41", "text": "stamping us. Fantastic. Uh and uh as we"}, {"start": "00:32:38", "end": "00:32:44", "text": "are right on the flip level uh"}, {"start": "00:32:41", "end": "00:32:46", "text": "Bullmania, we are releasing a few spots"}, {"start": "00:32:44", "end": "00:32:48", "text": "during the uh weekend like today during"}, {"start": "00:32:46", "end": "00:32:50", "text": "the weekend. We also released spots"}, {"start": "00:32:48", "end": "00:32:51", "text": "during the last few days. Check your"}, {"start": "00:32:50", "end": "00:32:53", "text": "email if you have been in the"}, {"start": "00:32:51", "end": "00:32:55", "text": "newsletter. Why is it so important to be"}, {"start": "00:32:53", "end": "00:32:57", "text": "in the newsletter and check your email"}, {"start": "00:32:55", "end": "00:32:59", "text": "for bull mania news spots? Because once"}, {"start": "00:32:57", "end": "00:33:01", "text": "we actually confirm bullish here in two"}, {"start": "00:32:59", "end": "00:33:04", "text": "days, the prices is going to be"}, {"start": "00:33:01", "end": "00:33:05", "text": "different like we've been saying is high"}, {"start": "00:33:04", "end": "00:33:09", "text": "season, low season. Bare market is low"}, {"start": "00:33:05", "end": "00:33:13", "text": "season. Bull market. Oh my god, guys. Oh"}, {"start": "00:33:09", "end": "00:33:14", "text": "my god. I I mean I it's Yeah. Yeah. I"}, {"start": "00:33:13", "end": "00:33:16", "text": "mean, you understand yourself. Bull"}, {"start": "00:33:14", "end": "00:33:18", "text": "market. Bare market. So, uh price is"}, {"start": "00:33:16", "end": "00:33:21", "text": "increasing. There's not going to be any"}, {"start": "00:33:18", "end": "00:33:22", "text": "holiday, no Halloween, no like Christmas"}, {"start": "00:33:21", "end": "00:33:23", "text": "discount. No. In fact, it's going to be"}, {"start": "00:33:22", "end": "00:33:29", "text": "more expensive because we're going to go"}, {"start": "00:33:23", "end": "00:33:32", "text": "bull none of that. And yeah, LFG LFG as"}, {"start": "00:33:29", "end": "00:33:38", "text": "soon as possible. So guys, uh, reach out"}, {"start": "00:33:32", "end": "00:33:38", "text": "to goose and let's go to Q&A. Q&A. Q&A."}, {"start": "00:33:42", "end": "00:33:47", "text": "No AI. Yeah, I have a slop and we have"}, {"start": "00:33:44", "end": "00:33:48", "text": "AI slop every day. Okay, let's see."}, {"start": "00:33:47", "end": "00:33:49", "text": "While you guys are thinking about"}, {"start": "00:33:48", "end": "00:33:51", "text": "questions, this is the perfect time to"}, {"start": "00:33:49", "end": "00:33:51", "text": "play some AI slop."}, {"start": "00:33:51", "end": "00:33:53", "text": ">> [laughter]"}, {"start": "00:33:51", "end": "00:33:55", "text": ">> I I I have I have I have of course I"}, {"start": "00:33:53", "end": "00:33:59", "text": "have I mean we have uh AI slope coming"}, {"start": "00:33:55", "end": "00:34:03", "text": "out uh very very heavily. So first one"}, {"start": "00:33:59", "end": "00:34:03", "text": "just for you as you wished it."}, {"start": "00:34:04", "end": "00:34:08", "text": ">> Mashinsky unbank yourself. Beautiful"}, {"start": "00:34:06", "end": "00:34:10", "text": "slogan. Shame the withdrawal button."}, {"start": "00:34:08", "end": "00:34:12", "text": "Took it literally. SPF effective"}, {"start": "00:34:10", "end": "00:34:14", "text": "altruism. Easy with someone else's"}, {"start": "00:34:12", "end": "00:34:16", "text": "assets. They promise certainty. Bitcoin"}, {"start": "00:34:14", "end": "00:34:18", "text": "promised rules. 21 million. No founder"}, {"start": "00:34:16", "end": "00:34:22", "text": "no reset button. Clear strategies. Clear"}, {"start": "00:34:18", "end": "00:34:22", "text": "rules. Bitcoin."}, {"start": "00:34:23", "end": "00:34:28", "text": ">> Bull mania. Cycles repeat. Your mistakes"}, {"start": "00:34:26", "end": "00:34:30", "text": "don't have to."}, {"start": "00:34:28", "end": "00:34:32", "text": ">> Exactly. Cycles repeat. Your mistakes"}, {"start": "00:34:30", "end": "00:34:38", "text": "don't have to. I love that AI added"}, {"start": "00:34:32", "end": "00:34:39", "text": "this. You this fish shake. [laughter]"}, {"start": "00:34:38", "end": "00:34:41", "text": "Yeah. Anyway, uh maybe a bit too violent"}, {"start": "00:34:39", "end": "00:34:43", "text": "for my taste also. But maybe not. Maybe"}, {"start": "00:34:41", "end": "00:34:44", "text": "not. I mean, we have a bit of that, a"}, {"start": "00:34:43", "end": "00:34:47", "text": "bit of this. Now, let's see. We had"}, {"start": "00:34:44", "end": "00:34:52", "text": "another one yesterday with um Oh, yeah."}, {"start": "00:34:47", "end": "00:34:54", "text": "GTA. GTA. GTA. And then So, is only this"}, {"start": "00:34:52", "end": "00:34:57", "text": "one and GTA? Actually, only this one and"}, {"start": "00:34:54", "end": "00:35:00", "text": "GTA. Let me see here."}, {"start": "00:34:57", "end": "00:35:00", "text": "Let's do this."}, {"start": "00:35:03", "end": "00:35:07", "text": ">> Main objective located."}, {"start": "00:35:05", "end": "00:35:08", "text": ">> Help me launch a celebrity hamster"}, {"start": "00:35:07", "end": "00:35:11", "text": "token."}, {"start": "00:35:08", "end": "00:35:15", "text": ">> Recover my seed frame from the landfill."}, {"start": "00:35:11", "end": "00:35:17", "text": ">> Deliver this bridge to a hacker."}, {"start": "00:35:15", "end": "00:35:20", "text": ">> Every cycle, a thousand side quests."}, {"start": "00:35:17", "end": "00:35:22", "text": "Bitcoin is the main quest. 21 million."}, {"start": "00:35:20", "end": "00:35:24", "text": "Bull mania. Clear strategies. Clear"}, {"start": "00:35:22", "end": "00:35:26", "text": "rules. Stay on mission."}, {"start": "00:35:24", "end": "00:35:28", "text": ">> Stay on mission, guys. Stay on mission."}, {"start": "00:35:26", "end": "00:35:31", "text": "So, I'm waiting for Small Pee. By the"}, {"start": "00:35:28", "end": "00:35:33", "text": "way, big shout out to Small Pee. But, uh"}, {"start": "00:35:31", "end": "00:35:38", "text": "I'm waiting for him to drop the new one"}, {"start": "00:35:33", "end": "00:35:41", "text": "with the saga with the SBF and um"}, {"start": "00:35:38", "end": "00:35:45", "text": "and everything else. Let's see. Maybe he"}, {"start": "00:35:41", "end": "00:35:48", "text": "posted it. Uh did he post it?"}, {"start": "00:35:45", "end": "00:35:51", "text": "No, no, no, no. So, yeah, let's see if"}, {"start": "00:35:48", "end": "00:35:55", "text": "if small PP releases something today."}, {"start": "00:35:51", "end": "00:35:57", "text": "But uh as we get into the bowl. Yeah. Oh"}, {"start": "00:35:55", "end": "00:35:58", "text": "yeah. Yeah. He actually did. I haven't"}, {"start": "00:35:57", "end": "00:36:01", "text": "seen this one even. I haven't even seen"}, {"start": "00:35:58", "end": "00:36:02", "text": "this one. The saga. I haven't seen this"}, {"start": "00:36:01", "end": "00:36:04", "text": "one. Let's see. Let's see. Let's see."}, {"start": "00:36:02", "end": "00:36:08", "text": "Let's see. Let's see. He just dropped it"}, {"start": "00:36:04", "end": "00:36:08", "text": "during the stream, I think."}, {"start": "00:36:09", "end": "00:36:11", "text": "[groaning]"}, {"start": "00:36:12", "end": "00:36:14", "text": "[screaming]"}, {"start": "00:36:19", "end": "00:36:21", "text": ">> [groaning and screaming]"}, {"start": "00:36:23", "end": "00:36:27", "text": ">> Stay with me."}, {"start": "00:36:34", "end": "00:36:38", "text": "[laughter] Okay, this good this"}, {"start": "00:36:36", "end": "00:36:40", "text": "continuation in the last from the last"}, {"start": "00:36:38", "end": "00:36:44", "text": "one. You guys remember the last one? The"}, {"start": "00:36:40", "end": "00:36:47", "text": "la the the the last one was with the uh"}, {"start": "00:36:44", "end": "00:36:49", "text": "on the plane on the plane. So, we saved"}, {"start": "00:36:47", "end": "00:36:52", "text": "Bit Boy. We were on the plane. We were"}, {"start": "00:36:49", "end": "00:36:54", "text": "on the plane. You guys remember this one"}, {"start": "00:36:52", "end": "00:36:55", "text": "from yesterday? Maybe some of you guys"}, {"start": "00:36:54", "end": "00:36:57", "text": "missed it. Let Let me Let me show it to"}, {"start": "00:36:55", "end": "00:37:00", "text": "you so you have full context. This one"}, {"start": "00:36:57", "end": "00:37:00", "text": "was from yesterday."}, {"start": "00:37:11", "end": "00:37:15", "text": ">> You can't stop the super cycle."}, {"start": "00:37:15", "end": "00:37:17", "text": ">> [screaming]"}, {"start": "00:37:18", "end": "00:37:24", "text": "[laughter]"}, {"start": "00:37:20", "end": "00:37:26", "text": ">> And then uh this one came after"}, {"start": "00:37:24", "end": "00:37:28", "text": "uh Oh, yeah. Then he had some other"}, {"start": "00:37:26", "end": "00:37:30", "text": "ones, but they're a bit lower quality in"}, {"start": "00:37:28", "end": "00:37:33", "text": "terms of um production, but in terms of"}, {"start": "00:37:30", "end": "00:37:35", "text": "the like good good ones, it was Where is"}, {"start": "00:37:33", "end": "00:37:39", "text": "it? Where is it? Where is it? It was"}, {"start": "00:37:35", "end": "00:37:39", "text": "this one. It was this one."}, {"start": "00:37:40", "end": "00:37:47", "text": ">> Big boy, get up. The super cycle needs"}, {"start": "00:37:43", "end": "00:37:47", "text": "its OGD Griggs."}, {"start": "00:37:49", "end": "00:37:55", "text": "I'm rebuilding the timeline. Try to stay"}, {"start": "00:37:52", "end": "00:37:55", "text": "out this time."}, {"start": "00:37:55", "end": "00:38:00", "text": "Very nice. So yeah, we have now"}, {"start": "00:37:57", "end": "00:38:01", "text": "threetory saga here. Threetory saga."}, {"start": "00:38:00", "end": "00:38:03", "text": "Let's see. Do do your own stunt."}, {"start": "00:38:01", "end": "00:38:05", "text": "Exactly. Well, always do my own stunt."}, {"start": "00:38:03", "end": "00:38:10", "text": "Always do my own stunt. Okay, guys."}, {"start": "00:38:05", "end": "00:38:10", "text": "Let's go to Q&A. Let's go to Q&A."}, {"start": "00:38:11", "end": "00:38:15", "text": "Bit boy. Exactly. I love the British"}, {"start": "00:38:13", "end": "00:38:17", "text": "accent. Yeah. Yeah. So, sometimes I I"}, {"start": "00:38:15", "end": "00:38:21", "text": "don't know which one I have. Sometimes I"}, {"start": "00:38:17", "end": "00:38:25", "text": "have British, sometimes uh it's uh"}, {"start": "00:38:21", "end": "00:38:27", "text": "German. They kind of change, but also we"}, {"start": "00:38:25", "end": "00:38:29", "text": "have a few different creators, a few"}, {"start": "00:38:27", "end": "00:38:31", "text": "different ones that do the AI slopes."}, {"start": "00:38:29", "end": "00:38:33", "text": "So, they have a bit different uh"}, {"start": "00:38:31", "end": "00:38:36", "text": "settings."}, {"start": "00:38:33", "end": "00:38:38", "text": "Lit. Lit. Lit. Uh yeah, lit is super"}, {"start": "00:38:36", "end": "00:38:40", "text": "bullish. Awesome. Let me actually add"}, {"start": "00:38:38", "end": "00:38:44", "text": "lit here because"}, {"start": "00:38:40", "end": "00:38:47", "text": "uh let me add lit here. Uh because"}, {"start": "00:38:44", "end": "00:38:49", "text": "sometimes"}, {"start": "00:38:47", "end": "00:38:51", "text": "it slips out from the daily. But let me"}, {"start": "00:38:49", "end": "00:38:53", "text": "put it next to hyperlquid. It's kind of"}, {"start": "00:38:51", "end": "00:38:56", "text": "is more it's like hyperlquid but uh like"}, {"start": "00:38:53", "end": "00:38:59", "text": "infra layer also you see. Oh my"}, {"start": "00:38:56", "end": "00:39:03", "text": "bullish up 251% since uh since May."}, {"start": "00:38:59", "end": "00:39:03", "text": "Fantastic. Fantastic. Fantastic."}, {"start": "00:39:05", "end": "00:39:10", "text": "Ian, good morning from Cape Town, South"}, {"start": "00:39:07", "end": "00:39:12", "text": "Africa. Very, very nice."}, {"start": "00:39:10", "end": "00:39:14", "text": "What's happening there?"}, {"start": "00:39:12", "end": "00:39:16", "text": "When link bull flip, what are your"}, {"start": "00:39:14", "end": "00:39:18", "text": "expectations this cycle? I have no"}, {"start": "00:39:16", "end": "00:39:22", "text": "expectation, guys. I mean, link it's"}, {"start": "00:39:18", "end": "00:39:23", "text": "we're going to see if it's uh actually"}, {"start": "00:39:22", "end": "00:39:24", "text": "it may be bull. It's already bull, guys."}, {"start": "00:39:23", "end": "00:39:27", "text": "It's already bull. So, for link, you"}, {"start": "00:39:24", "end": "00:39:29", "text": "have 4%. You have 4%. So, here if you"}, {"start": "00:39:27", "end": "00:39:31", "text": "have link, you want to expose to link,"}, {"start": "00:39:29", "end": "00:39:33", "text": "fantastic. It's hard to say expectation"}, {"start": "00:39:31", "end": "00:39:35", "text": "because it's basically depends on the"}, {"start": "00:39:33", "end": "00:39:36", "text": "team. Are they going to pump it? Like"}, {"start": "00:39:35", "end": "00:39:38", "text": "what's going to happen? It's not like"}, {"start": "00:39:36", "end": "00:39:40", "text": "it's organically organically going to"}, {"start": "00:39:38", "end": "00:39:42", "text": "pump. Organically only new coins pump"}, {"start": "00:39:40", "end": "00:39:44", "text": "like this old crap. You need the team to"}, {"start": "00:39:42", "end": "00:39:46", "text": "move it. You need the market maker."}, {"start": "00:39:44", "end": "00:39:48", "text": "Yeah, it's hard to say but it is bull"}, {"start": "00:39:46", "end": "00:39:50", "text": "bull trend. It's bull trend. So it's"}, {"start": "00:39:48", "end": "00:39:55", "text": "bullish"}, {"start": "00:39:50", "end": "00:39:57", "text": "and to alltime high it is 157%. Okay. So"}, {"start": "00:39:55", "end": "00:39:58", "text": "you could definitely worth a bet here if"}, {"start": "00:39:57", "end": "00:40:00", "text": "you like it. If you like it. I'm not"}, {"start": "00:39:58", "end": "00:40:01", "text": "taking the bet because there are so many"}, {"start": "00:40:00", "end": "00:40:03", "text": "different things you know I have so many"}, {"start": "00:40:01", "end": "00:40:05", "text": "things to keep an eye on. Uh so"}, {"start": "00:40:03", "end": "00:40:06", "text": "currently I'm not making that bet but"}, {"start": "00:40:05", "end": "00:40:08", "text": "you know I cannot be in all bull trends"}, {"start": "00:40:06", "end": "00:40:10", "text": "but it is a bull trend so it's valid."}, {"start": "00:40:08", "end": "00:40:13", "text": "It's valid. You can participate in it if"}, {"start": "00:40:10", "end": "00:40:16", "text": "you believe in it. Um yeah fantastic"}, {"start": "00:40:13", "end": "00:40:19", "text": "fantastic can easily go to to alltime"}, {"start": "00:40:16", "end": "00:40:20", "text": "highs here within the coming months. Uh"}, {"start": "00:40:19", "end": "00:40:22", "text": "now by the way it is it was at"}, {"start": "00:40:20", "end": "00:40:24", "text": "resistance here. It went bull. Let's see"}, {"start": "00:40:22", "end": "00:40:26", "text": "on the 24th it got into resistance. Now"}, {"start": "00:40:24", "end": "00:40:28", "text": "it's back. Especially if it goes above"}, {"start": "00:40:26", "end": "00:40:32", "text": "this resistance. Fantastic."}, {"start": "00:40:28", "end": "00:40:34", "text": "How many multiples for Solana? Yeah. So,"}, {"start": "00:40:32", "end": "00:40:35", "text": "sol is a bull trend. We It's kind of the"}, {"start": "00:40:34", "end": "00:40:36", "text": "same like with chain. We just have to"}, {"start": "00:40:35", "end": "00:40:39", "text": "take it one step at a time. It has the"}, {"start": "00:40:36", "end": "00:40:42", "text": "same resistance that is run into. And uh"}, {"start": "00:40:39", "end": "00:40:46", "text": "from here to the peak, you have a very"}, {"start": "00:40:42", "end": "00:40:49", "text": "nice trade of 183%. Uh and then can we"}, {"start": "00:40:46", "end": "00:40:50", "text": "go to 1K? Can we go to $600? Very"}, {"start": "00:40:49", "end": "00:40:52", "text": "possible. They just did the"}, {"start": "00:40:50", "end": "00:40:53", "text": "disinflation, but you know, uh speaking"}, {"start": "00:40:52", "end": "00:40:55", "text": "about multiples, it's not a good idea."}, {"start": "00:40:53", "end": "00:40:57", "text": "In in Bulmania, we speak a lot about"}, {"start": "00:40:55", "end": "00:40:59", "text": "that. Don't set like a round number"}, {"start": "00:40:57", "end": "00:41:01", "text": "target or some multiple or whatever."}, {"start": "00:40:59", "end": "00:41:04", "text": "Just ride the down trend. All of these"}, {"start": "00:41:01", "end": "00:41:07", "text": "coins are going to do very well in the"}, {"start": "00:41:04", "end": "00:41:08", "text": "in the uh bull uh especially as they get"}, {"start": "00:41:07", "end": "00:41:11", "text": "momentum, especially as they are kind of"}, {"start": "00:41:08", "end": "00:41:13", "text": "the talk of the town. Uh ju just be in"}, {"start": "00:41:11", "end": "00:41:15", "text": "bull trends. Okay, be in bull trends."}, {"start": "00:41:13", "end": "00:41:18", "text": "Very important. Uh but multiples, I'm"}, {"start": "00:41:15", "end": "00:41:19", "text": "not really too much into multiple, but"}, {"start": "00:41:18", "end": "00:41:21", "text": "you know, we go to alltime high. Maybe"}, {"start": "00:41:19", "end": "00:41:23", "text": "we do a two 3x from alltime high. Very,"}, {"start": "00:41:21", "end": "00:41:24", "text": "very nice. In bull market, it can easily"}, {"start": "00:41:23", "end": "00:41:26", "text": "happen. Should we go bare trend? Here's"}, {"start": "00:41:24", "end": "00:41:28", "text": "why I multiples can be dangerous because"}, {"start": "00:41:26", "end": "00:41:30", "text": "you expect it to happen. Should we go"}, {"start": "00:41:28", "end": "00:41:33", "text": "bare trend before that? We're out. We're"}, {"start": "00:41:30", "end": "00:41:35", "text": "out. Okay, simple. We don't care about"}, {"start": "00:41:33", "end": "00:41:36", "text": "multiple really, but it's just for fun,"}, {"start": "00:41:35", "end": "00:41:37", "text": "you know, to discuss. Can we go to"}, {"start": "00:41:36", "end": "00:41:40", "text": "alltime high? Can we go higher? But if"}, {"start": "00:41:37", "end": "00:41:41", "text": "it's bare trend, we're out. We're out."}, {"start": "00:41:40", "end": "00:41:45", "text": "Even if multiple not reached. So, don't"}, {"start": "00:41:41", "end": "00:41:47", "text": "have this multiple as some kind of um um"}, {"start": "00:41:45", "end": "00:41:49", "text": "yeah, some kind of target that you you"}, {"start": "00:41:47", "end": "00:41:52", "text": "wait for it to happen and it doesn't"}, {"start": "00:41:49", "end": "00:41:53", "text": "happen. It's just for fun. Can Slana go"}, {"start": "00:41:52", "end": "00:41:56", "text": "to 600? I think it's possible. Can I go"}, {"start": "00:41:53", "end": "00:41:59", "text": "to 1,000? Yeah. I mean, in last if we"}, {"start": "00:41:56", "end": "00:42:02", "text": "get a 2017 style bull where last few"}, {"start": "00:41:59", "end": "00:42:05", "text": "weeks everything explodes like 5x easy,"}, {"start": "00:42:02", "end": "00:42:05", "text": "easy, easy. [snorts]"}, {"start": "00:42:05", "end": "00:42:10", "text": "Suie holders got rulled, but it can make"}, {"start": "00:42:07", "end": "00:42:12", "text": "a comeback. Uh, it can for sure make a"}, {"start": "00:42:10", "end": "00:42:14", "text": "comeback. Yeah. I mean, the thing is"}, {"start": "00:42:12", "end": "00:42:16", "text": "we're going to be bullish SUI if it goes"}, {"start": "00:42:14", "end": "00:42:19", "text": "bull. That's the thing. I mean, don't"}, {"start": "00:42:16", "end": "00:42:21", "text": "confuse things here with uh we're making"}, {"start": "00:42:19", "end": "00:42:22", "text": "fun now because it's so bad. You know,"}, {"start": "00:42:21", "end": "00:42:24", "text": "everything is bull trend. Even if is"}, {"start": "00:42:22", "end": "00:42:26", "text": "bull trend, SU is still not bull. I"}, {"start": "00:42:24", "end": "00:42:28", "text": "mean, you see, it's it's not even above"}, {"start": "00:42:26", "end": "00:42:29", "text": "this. It's it's just horrible. Just"}, {"start": "00:42:28", "end": "00:42:32", "text": "horrible. But should it go bull? Okay,"}, {"start": "00:42:29", "end": "00:42:33", "text": "we're going to be bullish. Sui, we Raul"}, {"start": "00:42:32", "end": "00:42:34", "text": "and I, we're going to be this close."}, {"start": "00:42:33", "end": "00:42:36", "text": "We're going to be best friends if this"}, {"start": "00:42:34", "end": "00:42:38", "text": "thing goes bull. Maybe we're going to be"}, {"start": "00:42:36", "end": "00:42:39", "text": "sharing his stuff. If it goes bull, he's"}, {"start": "00:42:38", "end": "00:42:42", "text": "speaking about Sui. We're going to be"}, {"start": "00:42:39", "end": "00:42:43", "text": "sharing it. You understand? I mean,"}, {"start": "00:42:42", "end": "00:42:44", "text": "sometimes people make the mistake. They"}, {"start": "00:42:43", "end": "00:42:46", "text": "think is, you know, if we're bare on"}, {"start": "00:42:44", "end": "00:42:48", "text": "something that is forever. It's not"}, {"start": "00:42:46", "end": "00:42:52", "text": "forever. It's not forever. If it goes"}, {"start": "00:42:48", "end": "00:42:53", "text": "bull, we're bull. Uh Zash 1K. Yep, we"}, {"start": "00:42:52", "end": "00:42:54", "text": "covered it. We actually covered it when"}, {"start": "00:42:53", "end": "00:42:56", "text": "it was even higher a few minutes ago. If"}, {"start": "00:42:54", "end": "00:42:57", "text": "you rewatch the stream, if you watch"}, {"start": "00:42:56", "end": "00:43:00", "text": "carefully the stream, you've seen it."}, {"start": "00:42:57", "end": "00:43:02", "text": "Alltime high uh bull trend. Fantastic."}, {"start": "00:43:00", "end": "00:43:04", "text": "Fantastic."}, {"start": "00:43:02", "end": "00:43:07", "text": "How do you think near protocol will do"}, {"start": "00:43:04", "end": "00:43:11", "text": "this cycle? Let's check near protocol."}, {"start": "00:43:07", "end": "00:43:11", "text": "Near USD."}, {"start": "00:43:11", "end": "00:43:16", "text": "So near a bit of chop here. Uh not a fan"}, {"start": "00:43:15", "end": "00:43:18", "text": "of the chop actually. Oh yeah. Yeah."}, {"start": "00:43:16", "end": "00:43:19", "text": "They went bull trend here. But you you"}, {"start": "00:43:18", "end": "00:43:22", "text": "remember they had like a week in the sun"}, {"start": "00:43:19", "end": "00:43:25", "text": "here uh during the last few months. They"}, {"start": "00:43:22", "end": "00:43:27", "text": "went bull then collapsed. Uh for now"}, {"start": "00:43:25", "end": "00:43:28", "text": "stay away until they go bull again. I I"}, {"start": "00:43:27", "end": "00:43:30", "text": "wouldn't touch it but yeah the first"}, {"start": "00:43:28", "end": "00:43:32", "text": "thing you can look at let's say they go"}, {"start": "00:43:30", "end": "00:43:36", "text": "bull from this bull flip to alltime"}, {"start": "00:43:32", "end": "00:43:38", "text": "high. You have 285%"}, {"start": "00:43:36", "end": "00:43:40", "text": "which I think the this target is you"}, {"start": "00:43:38", "end": "00:43:42", "text": "know the lowest target. Can they can"}, {"start": "00:43:40", "end": "00:43:43", "text": "they can it go to alltime high? Can they"}, {"start": "00:43:42", "end": "00:43:46", "text": "freaking go to alltime high? I think"}, {"start": "00:43:43", "end": "00:43:48", "text": "near has all of the uh opportunity the"}, {"start": "00:43:46", "end": "00:43:50", "text": "narrative they have support from the OG."}, {"start": "00:43:48", "end": "00:43:52", "text": "So as soon as it's bull a bull trend I"}, {"start": "00:43:50", "end": "00:43:56", "text": "think it's a it's a good risk reward"}, {"start": "00:43:52", "end": "00:43:58", "text": "because many you know mer is bullish on"}, {"start": "00:43:56", "end": "00:44:02", "text": "it many many smart uh brainiacs are"}, {"start": "00:43:58", "end": "00:44:05", "text": "bullish on it Ilia the the the leader of"}, {"start": "00:44:02", "end": "00:44:07", "text": "near is good tech good usage good they"}, {"start": "00:44:05", "end": "00:44:09", "text": "have the cross chain intense private"}, {"start": "00:44:07", "end": "00:44:11", "text": "intense but it's just that we we need to"}, {"start": "00:44:09", "end": "00:44:13", "text": "go bull first so we don't waste time"}, {"start": "00:44:11", "end": "00:44:14", "text": "maybe it takes another month for it for"}, {"start": "00:44:13", "end": "00:44:17", "text": "it to go bull we could have made money"}, {"start": "00:44:14", "end": "00:44:19", "text": "with all kinds of other coins this what"}, {"start": "00:44:17", "end": "00:44:21", "text": "I mean when I Okay, capital efficiency."}, {"start": "00:44:19", "end": "00:44:24", "text": "You don't want to have your capital dead"}, {"start": "00:44:21", "end": "00:44:26", "text": "in something that goes sideways. Okay,"}, {"start": "00:44:24", "end": "00:44:27", "text": "you want your capital to be in new bull"}, {"start": "00:44:26", "end": "00:44:30", "text": "trend. So, you have instant Valhalla."}, {"start": "00:44:27", "end": "00:44:32", "text": "Okay, and then you rotate into something"}, {"start": "00:44:30", "end": "00:44:34", "text": "else. I mean, that's that's my preferred"}, {"start": "00:44:32", "end": "00:44:36", "text": "style and it's working very nice. Uh,"}, {"start": "00:44:34", "end": "00:44:39", "text": "it's working fantastic actually. It's"}, {"start": "00:44:36", "end": "00:44:41", "text": "the best. It's the best. So, yeah,"}, {"start": "00:44:39", "end": "00:44:44", "text": "that's that. When Moro bull flip, let's"}, {"start": "00:44:41", "end": "00:44:46", "text": "see. Morpho USD."}, {"start": "00:44:44", "end": "00:44:49", "text": "Morpho. Morpho is already bullish."}, {"start": "00:44:46", "end": "00:44:53", "text": "Morpho. Let's see if I"}, {"start": "00:44:49", "end": "00:44:55", "text": "look at a big enough chart."}, {"start": "00:44:53", "end": "00:44:58", "text": "Let's check. Morpho is bullish since uh"}, {"start": "00:44:55", "end": "00:44:59", "text": "March. Uh fantastic. They basically they"}, {"start": "00:44:58", "end": "00:45:02", "text": "just been sideways. They've just been in"}, {"start": "00:44:59", "end": "00:45:04", "text": "a range. They haven't really had a"}, {"start": "00:45:02", "end": "00:45:06", "text": "massive bear. It's just been in a range."}, {"start": "00:45:04", "end": "00:45:08", "text": "They've been ranging uh down up and"}, {"start": "00:45:06", "end": "00:45:10", "text": "down, up and down, up and hopefully not"}, {"start": "00:45:08", "end": "00:45:12", "text": "down."}, {"start": "00:45:10", "end": "00:45:14", "text": "But yeah, weekly bullish. And but for"}, {"start": "00:45:12", "end": "00:45:16", "text": "you, you know, the most important thing"}, {"start": "00:45:14", "end": "00:45:18", "text": "here is that it takes out this high."}, {"start": "00:45:16", "end": "00:45:20", "text": "Okay, because it's it's bullish now for"}, {"start": "00:45:18", "end": "00:45:22", "text": "yeah, since March, but the the next"}, {"start": "00:45:20", "end": "00:45:23", "text": "thing that is trying to do now is to go"}, {"start": "00:45:22", "end": "00:45:25", "text": "above this high and it's a bit of"}, {"start": "00:45:23", "end": "00:45:29", "text": "resistance. But should we close, let's"}, {"start": "00:45:25", "end": "00:45:32", "text": "say it closes the week above 2.55, then"}, {"start": "00:45:29", "end": "00:45:34", "text": "okay, LFG LFG and you also have even"}, {"start": "00:45:32", "end": "00:45:36", "text": "better riskreward now because it now"}, {"start": "00:45:34", "end": "00:45:39", "text": "retested it and going up is the best"}, {"start": "00:45:36", "end": "00:45:41", "text": "when it's also retested the breakout. Uh"}, {"start": "00:45:39", "end": "00:45:44", "text": "so yeah if it close above 255 you can"}, {"start": "00:45:41", "end": "00:45:46", "text": "execute mechanical rules if you are in"}, {"start": "00:45:44", "end": "00:45:48", "text": "bulmania if you don't know then yeah I"}, {"start": "00:45:46", "end": "00:45:50", "text": "guess like DCA in one way or another but"}, {"start": "00:45:48", "end": "00:45:51", "text": "mechanical rules rules are the best here"}, {"start": "00:45:50", "end": "00:45:53", "text": "because you have the stop loss you have"}, {"start": "00:45:51", "end": "00:45:54", "text": "all the strategy clear strategies clear"}, {"start": "00:45:53", "end": "00:45:57", "text": "rules as we say clear strategies clear"}, {"start": "00:45:54", "end": "00:45:59", "text": "rules what do you think about supra"}, {"start": "00:45:57", "end": "00:46:03", "text": "project I think it's good but uh they"}, {"start": "00:45:59", "end": "00:46:03", "text": "need users guys I mean I"}, {"start": "00:46:06", "end": "00:46:09", "text": "Oh,"}, {"start": "00:46:12", "end": "00:46:18", "text": "are are you the same guy that asked"}, {"start": "00:46:14", "end": "00:46:18", "text": "about Supra some week ago?"}, {"start": "00:46:18", "end": "00:46:21", "text": "Oh."}, {"start": "00:46:22", "end": "00:46:27", "text": "Oh, yo, guy. There there is nothing I"}, {"start": "00:46:24", "end": "00:46:27", "text": "can tell you."}, {"start": "00:46:29", "end": "00:46:33", "text": "RIP."}, {"start": "00:46:31", "end": "00:46:37", "text": "There's nothing to say."}, {"start": "00:46:33", "end": "00:46:37", "text": "Yeah, there's nothing to say."}, {"start": "00:46:37", "end": "00:46:42", "text": "I mean, you see yourself there. What"}, {"start": "00:46:40", "end": "00:46:43", "text": "What is there to say? Now, I was I was"}, {"start": "00:46:42", "end": "00:46:46", "text": "going to say, you know, it's good tech."}, {"start": "00:46:43", "end": "00:46:48", "text": "They have like some oracle built in. But"}, {"start": "00:46:46", "end": "00:46:51", "text": "the thing is, you understand"}, {"start": "00:46:48", "end": "00:46:56", "text": "currently chains need users. You cannot"}, {"start": "00:46:51", "end": "00:46:58", "text": "have a high tech ghost chain."}, {"start": "00:46:56", "end": "00:46:59", "text": "You cannot have a high-tech ghost chain."}, {"start": "00:46:58", "end": "00:47:05", "text": "So this for now at least it is high"}, {"start": "00:46:59", "end": "00:47:05", "text": "techch gold chain and uh yeah"}, {"start": "00:47:05", "end": "00:47:13", "text": "let's see if we can recover."}, {"start": "00:47:08", "end": "00:47:13", "text": "It's such a brutal bare trend like"}, {"start": "00:47:17", "end": "00:47:22", "text": "oh yeah I mean there's not you"}, {"start": "00:47:20", "end": "00:47:23", "text": "understand I don't think there needs to"}, {"start": "00:47:22", "end": "00:47:26", "text": "be something to be said here. You"}, {"start": "00:47:23", "end": "00:47:26", "text": "understand yourself?"}, {"start": "00:47:26", "end": "00:47:33", "text": "I gave my mom money in soul and she's"}, {"start": "00:47:30", "end": "00:47:35", "text": "like when it's going to go back up."}, {"start": "00:47:33", "end": "00:47:37", "text": "When did you give her? She held bare"}, {"start": "00:47:35", "end": "00:47:39", "text": "trend or what happened? Let's give a"}, {"start": "00:47:37", "end": "00:47:42", "text": "moment. Yeah, let's give a moment of"}, {"start": "00:47:39", "end": "00:47:46", "text": "silence to the super guys. They need it,"}, {"start": "00:47:42", "end": "00:47:48", "text": "man. They need it. They need a moment of"}, {"start": "00:47:46", "end": "00:47:52", "text": "silence. Is pon. Yeah, pon of course."}, {"start": "00:47:48", "end": "00:47:54", "text": "Bull trend. Uh ono USD. Let's see. On us"}, {"start": "00:47:52", "end": "00:47:56", "text": "about how it is."}, {"start": "00:47:54", "end": "00:47:58", "text": "Oh yeah. We already checked some days"}, {"start": "00:47:56", "end": "00:47:59", "text": "ago. I remember here we said it's bull"}, {"start": "00:47:58", "end": "00:48:01", "text": "trend but I don't like that it's"}, {"start": "00:47:59", "end": "00:48:03", "text": "collapsed. So we just wait for it to go"}, {"start": "00:48:01", "end": "00:48:06", "text": "above the yellow line again and it"}, {"start": "00:48:03", "end": "00:48:06", "text": "hasn't done that."}, {"start": "00:48:12", "end": "00:48:16", "text": "Ignoring Robin Hood chain. No we already"}, {"start": "00:48:15", "end": "00:48:18", "text": "discussed like this whole stream is"}, {"start": "00:48:16", "end": "00:48:21", "text": "about Robin Hood chain and yesterday was"}, {"start": "00:48:18", "end": "00:48:24", "text": "whole stream about Robin Hood chain. RH"}, {"start": "00:48:21", "end": "00:48:24", "text": "is Robin Hood chain."}, {"start": "00:48:28", "end": "00:48:37", "text": "What do you think about Digib? Oh,"}, {"start": "00:48:33", "end": "00:48:39", "text": "dig. Are you from 2015 or are you like a"}, {"start": "00:48:37", "end": "00:48:42", "text": "dinosaur?"}, {"start": "00:48:39", "end": "00:48:45", "text": "But let's see. Bull trend."}, {"start": "00:48:42", "end": "00:48:49", "text": "Bulland. Very very nice."}, {"start": "00:48:45", "end": "00:48:51", "text": "Uh yeah, I mean uh I don't have too much"}, {"start": "00:48:49", "end": "00:48:54", "text": "about like the actual thing. I don't use"}, {"start": "00:48:51", "end": "00:48:58", "text": "it but uh trading you have a bit of a"}, {"start": "00:48:54", "end": "00:49:00", "text": "you have a bit of upside here 370"}, {"start": "00:48:58", "end": "00:49:03", "text": "it dumped so much this bear holy bro to"}, {"start": "00:49:00", "end": "00:49:06", "text": "this okay just to to get to this high"}, {"start": "00:49:03", "end": "00:49:08", "text": "370% so yeah I mean no not bad not bad"}, {"start": "00:49:06", "end": "00:49:10", "text": "it's also new bull trend but guys in"}, {"start": "00:49:08", "end": "00:49:13", "text": "terms of like the tech like this ancient"}, {"start": "00:49:10", "end": "00:49:16", "text": "stuff from 2017 15 or whatever I don't"}, {"start": "00:49:13", "end": "00:49:20", "text": "I'm not I don't have no opinion dig"}, {"start": "00:49:16", "end": "00:49:21", "text": "dollar what is this dig dollar Okay, but"}, {"start": "00:49:20", "end": "00:49:24", "text": "let's just look at the chart. The chart"}, {"start": "00:49:21", "end": "00:49:26", "text": "I think is it's not bad. I mean, it's"}, {"start": "00:49:24", "end": "00:49:27", "text": "even good. It's bull trend. It's bull"}, {"start": "00:49:26", "end": "00:49:30", "text": "trend. But you see, they did have a few"}, {"start": "00:49:27", "end": "00:49:31", "text": "fake outs here."}, {"start": "00:49:30", "end": "00:49:33", "text": "Be a bit careful. Ideally, you want to"}, {"start": "00:49:31", "end": "00:49:35", "text": "go to a time frame without fake outs."}, {"start": "00:49:33", "end": "00:49:37", "text": "Let's see. Two week. Does it remove fake"}, {"start": "00:49:35", "end": "00:49:40", "text": "out? Two week is Yeah, but still fake"}, {"start": "00:49:37", "end": "00:49:40", "text": "out, man."}, {"start": "00:49:42", "end": "00:49:46", "text": "I I would stick to one week because"}, {"start": "00:49:44", "end": "00:49:48", "text": "higher time frame does not remove fake"}, {"start": "00:49:46", "end": "00:49:50", "text": "outs too much. But yeah, just be more"}, {"start": "00:49:48", "end": "00:49:52", "text": "careful. set stop loss, etc., etc. But"}, {"start": "00:49:50", "end": "00:49:55", "text": "all in all, yeah, it's a bull trend, so"}, {"start": "00:49:52", "end": "00:49:55", "text": "it's bullish."}, {"start": "00:50:00", "end": "00:50:06", "text": "Uh, do you think Peppa coin? Let's see."}, {"start": "00:50:02", "end": "00:50:09", "text": "Peppa, the Peppa, Peppa, Peppa, people"}, {"start": "00:50:06", "end": "00:50:10", "text": "want the Peppa,"}, {"start": "00:50:09", "end": "00:50:13", "text": "right on the flip flip level. Right,"}, {"start": "00:50:10", "end": "00:50:17", "text": "right on the flip level."}, {"start": "00:50:13", "end": "00:50:19", "text": "Hasn't flipped yet."}, {"start": "00:50:17", "end": "00:50:21", "text": "Caspa Caspa guy is back saying that"}, {"start": "00:50:19", "end": "00:50:24", "text": "maybe it's gonna flip bullish. Let's"}, {"start": "00:50:21", "end": "00:50:26", "text": "see. It's not flipping bullish."}, {"start": "00:50:24", "end": "00:50:30", "text": "[laughter]"}, {"start": "00:50:26", "end": "00:50:30", "text": "But yeah, nice try. Nice try."}, {"start": "00:50:31", "end": "00:50:36", "text": "And your thoughts on"}, {"start": "00:50:33", "end": "00:50:37", "text": "Abser? Yo Isaac, what's happening?"}, {"start": "00:50:36", "end": "00:50:39", "text": "Abser, there is a Robin Hood rival"}, {"start": "00:50:37", "end": "00:50:41", "text": "called Lighter. So Lighter we did"}, {"start": "00:50:39", "end": "00:50:45", "text": "discuss, but"}, {"start": "00:50:41", "end": "00:50:45", "text": "let me check quickly."}, {"start": "00:50:46", "end": "00:50:51", "text": "You mean this thing on abstract chain"}, {"start": "00:50:53", "end": "00:50:56", "text": "guys with everything now it's bull"}, {"start": "00:50:55", "end": "00:50:59", "text": "market like I'm bullish everything you"}, {"start": "00:50:56", "end": "00:51:02", "text": "know what I think I'm bullish if it's"}, {"start": "00:50:59", "end": "00:51:05", "text": "bull trend I'm bullish if it's a new"}, {"start": "00:51:02", "end": "00:51:08", "text": "thing I'm bullish you know in the see in"}, {"start": "00:51:05", "end": "00:51:10", "text": "the bare we're skeptical if you have an"}, {"start": "00:51:08", "end": "00:51:12", "text": "established coin and it's bare trend I'm"}, {"start": "00:51:10", "end": "00:51:14", "text": "bearish if it's bull trend I'm bullish"}, {"start": "00:51:12", "end": "00:51:16", "text": "if it's a new thing by default fault,"}, {"start": "00:51:14", "end": "00:51:17", "text": "I'm bullish. If it's like some infra or"}, {"start": "00:51:16", "end": "00:51:18", "text": "something, if it's memecoin, it's"}, {"start": "00:51:17", "end": "00:51:20", "text": "different because there you can have"}, {"start": "00:51:18", "end": "00:51:22", "text": "insider just literally dump on you."}, {"start": "00:51:20", "end": "00:51:25", "text": "Literally dump on you. But if it's like,"}, {"start": "00:51:22", "end": "00:51:27", "text": "you know, maybe this abstract chain"}, {"start": "00:51:25", "end": "00:51:29", "text": "abster,"}, {"start": "00:51:27", "end": "00:51:33", "text": "is it a new thing or it's a old one? Let"}, {"start": "00:51:29", "end": "00:51:33", "text": "me check."}, {"start": "00:51:33", "end": "00:51:40", "text": "Oh, yeah, I remember this logo from the"}, {"start": "00:51:35", "end": "00:51:42", "text": "uh from the last uh bull. Let's see. Oh,"}, {"start": "00:51:40", "end": "00:51:45", "text": "yeah. It's AB. Yeah, it's the penguins."}, {"start": "00:51:42", "end": "00:51:49", "text": "I remember. I remember let's see observe"}, {"start": "00:51:45", "end": "00:51:52", "text": "what's happening in the in the chart"}, {"start": "00:51:49", "end": "00:51:55", "text": "this not on trade"}, {"start": "00:51:52", "end": "00:51:59", "text": "by so we just have to kind of vibe uh"}, {"start": "00:51:55", "end": "00:52:03", "text": "analyzes here uh so"}, {"start": "00:51:59", "end": "00:52:05", "text": "let's zoom in here what happened lately"}, {"start": "00:52:03", "end": "00:52:09", "text": "I mean the first signal is just to take"}, {"start": "00:52:05", "end": "00:52:10", "text": "out some high at least this one 0.00 00"}, {"start": "00:52:09", "end": "00:52:13", "text": "for now. For now, it's like it's more or"}, {"start": "00:52:10", "end": "00:52:15", "text": "less dead for now. But listen, if it"}, {"start": "00:52:13", "end": "00:52:16", "text": "goes, let's say it goes above this high"}, {"start": "00:52:15", "end": "00:52:19", "text": "0.0021,"}, {"start": "00:52:16", "end": "00:52:22", "text": "good. Uh this strategy here is just look"}, {"start": "00:52:19", "end": "00:52:24", "text": "when it starts taking out previous highs"}, {"start": "00:52:22", "end": "00:52:26", "text": "and uh and that's it. In terms of if"}, {"start": "00:52:24", "end": "00:52:28", "text": "it's good or not, I don't hear too much"}, {"start": "00:52:26", "end": "00:52:30", "text": "about abstract currently abstract chain,"}, {"start": "00:52:28", "end": "00:52:32", "text": "but it wouldn't surprise me if abstract"}, {"start": "00:52:30", "end": "00:52:34", "text": "chain lights up also. Uh but at the same"}, {"start": "00:52:32", "end": "00:52:36", "text": "time, guys, you know, I'm bullish in"}, {"start": "00:52:34", "end": "00:52:40", "text": "bull market. We're bullish most things"}, {"start": "00:52:36", "end": "00:52:42", "text": "that are infra like new stuff. Uh that's"}, {"start": "00:52:40", "end": "00:52:44", "text": "basically not an insider launch memecoin"}, {"start": "00:52:42", "end": "00:52:45", "text": "where the founder just waits for to dump"}, {"start": "00:52:44", "end": "00:52:46", "text": "on you. That's the only thing you have"}, {"start": "00:52:45", "end": "00:52:48", "text": "to be careful with. That's why I'm"}, {"start": "00:52:46", "end": "00:52:51", "text": "saying you know with memes it's not for"}, {"start": "00:52:48", "end": "00:52:53", "text": "everyone. But uh the this kind of you"}, {"start": "00:52:51", "end": "00:52:56", "text": "know launchpad this and that is"}, {"start": "00:52:53", "end": "00:52:56", "text": "different is different."}, {"start": "00:53:03", "end": "00:53:07", "text": "It's Peppa coin, not Peppa. The latter"}, {"start": "00:53:05", "end": "00:53:09", "text": "is actually an"}, {"start": "00:53:07", "end": "00:53:11", "text": "Are you You want us to check this old"}, {"start": "00:53:09", "end": "00:53:13", "text": "one from 2017? Yeah. I mean, no one"}, {"start": "00:53:11", "end": "00:53:14", "text": "cares about"}, {"start": "00:53:13", "end": "00:53:17", "text": "There are so many of them. Like, which"}, {"start": "00:53:14", "end": "00:53:17", "text": "one is it even?"}, {"start": "00:53:18", "end": "00:53:23", "text": "Which one you want us to check? Pepper"}, {"start": "00:53:20", "end": "00:53:25", "text": "coin. Which one? This one? This one?"}, {"start": "00:53:23", "end": "00:53:28", "text": "Which one is it? I don't even know which"}, {"start": "00:53:25", "end": "00:53:28", "text": "one is from 2017."}, {"start": "00:53:29", "end": "00:53:34", "text": "Is it this one?"}, {"start": "00:53:32", "end": "00:53:36", "text": "Anyway, if you have a bag of it, you"}, {"start": "00:53:34", "end": "00:53:38", "text": "have to pray very hard that it comes"}, {"start": "00:53:36", "end": "00:53:41", "text": "back. Very, very hard. But I don't think"}, {"start": "00:53:38", "end": "00:53:42", "text": "it's this one because"}, {"start": "00:53:41", "end": "00:53:46", "text": "this one is from 20. This is not from"}, {"start": "00:53:42", "end": "00:53:48", "text": "2017. This 2023 anyway, guys, no one"}, {"start": "00:53:46", "end": "00:53:49", "text": "cares about that your pepper coin. You"}, {"start": "00:53:48", "end": "00:53:50", "text": "care about it. Where's the chart?"}, {"start": "00:53:49", "end": "00:53:54", "text": "There's no chart, man. There's where is"}, {"start": "00:53:50", "end": "00:53:54", "text": "the chart? Where's the chart?"}, {"start": "00:53:54", "end": "00:53:58", "text": "And as a reminder guys, first link of"}, {"start": "00:53:57", "end": "00:54:00", "text": "description, if you are trading on Robin"}, {"start": "00:53:58", "end": "00:54:02", "text": "Hood, if you want to trade on Robin Hood"}, {"start": "00:54:00", "end": "00:54:05", "text": "and you want a one place where you trade"}, {"start": "00:54:02", "end": "00:54:06", "text": "Robin Hood stocks, sorry, Robin Hood, I"}, {"start": "00:54:05", "end": "00:54:08", "text": "mean tokenized stock, the Robin Hood"}, {"start": "00:54:06", "end": "00:54:12", "text": "meme, everything everything and Solana."}, {"start": "00:54:08", "end": "00:54:14", "text": "So you have one app for both. you use"}, {"start": "00:54:12", "end": "00:54:16", "text": "the first link in description to FOMO"}, {"start": "00:54:14", "end": "00:54:18", "text": "because you get uh big fat discount on"}, {"start": "00:54:16", "end": "00:54:20", "text": "fees and in the bull in the bull market"}, {"start": "00:54:18", "end": "00:54:22", "text": "I mean this can be thousands of dollars"}, {"start": "00:54:20", "end": "00:54:24", "text": "tens of thousands of dollars depending"}, {"start": "00:54:22", "end": "00:54:26", "text": "on your size how much you trade but you"}, {"start": "00:54:24", "end": "00:54:30", "text": "know cutting fee very important so first"}, {"start": "00:54:26", "end": "00:54:32", "text": "link of description join FOMO uh if you"}, {"start": "00:54:30", "end": "00:54:36", "text": "download the app then just use the uh"}, {"start": "00:54:32", "end": "00:54:38", "text": "code the uh Ivan on tech okay here if"}, {"start": "00:54:36", "end": "00:54:40", "text": "you download the app use Ivan on tech"}, {"start": "00:54:38", "end": "00:54:42", "text": "code because then the link is not going"}, {"start": "00:54:40", "end": "00:54:45", "text": "to automatic you have to write Ivan on"}, {"start": "00:54:42", "end": "00:54:47", "text": "tech for I mean that's the the place"}, {"start": "00:54:45", "end": "00:54:50", "text": "most user friendly place currently to"}, {"start": "00:54:47", "end": "00:54:52", "text": "trade all of this meme stuff on Robin"}, {"start": "00:54:50", "end": "00:54:54", "text": "Hood very important and Sana and other"}, {"start": "00:54:52", "end": "00:54:57", "text": "stuff as well but of course now it's"}, {"start": "00:54:54", "end": "00:54:58", "text": "Robin Hood and whenever big chain comes"}, {"start": "00:54:57", "end": "00:55:01", "text": "you're going to have it there you're"}, {"start": "00:54:58", "end": "00:55:02", "text": "going to have it there for the dig place"}, {"start": "00:55:01", "end": "00:55:04", "text": "and of course it's a bit social you can"}, {"start": "00:55:02", "end": "00:55:06", "text": "follow me I follow you it's uh it's very"}, {"start": "00:55:04", "end": "00:55:09", "text": "nice to get connected so use the link"}, {"start": "00:55:06", "end": "00:55:11", "text": "below very important"}, {"start": "00:55:09", "end": "00:55:13", "text": "do you think this buybacks burn and feed"}, {"start": "00:55:11", "end": "00:55:15", "text": "switches will become the norm. I yeah I"}, {"start": "00:55:13", "end": "00:55:18", "text": "mean it's already the norm. So people"}, {"start": "00:55:15", "end": "00:55:20", "text": "now expect uh buyback and burns and"}, {"start": "00:55:18", "end": "00:55:22", "text": "everything. It's it's already the norm."}, {"start": "00:55:20", "end": "00:55:24", "text": "If the protocol does not have revenue"}, {"start": "00:55:22", "end": "00:55:26", "text": "it's u it's really not competitive right"}, {"start": "00:55:24", "end": "00:55:29", "text": "now with let's say pawns. But the reason"}, {"start": "00:55:26", "end": "00:55:34", "text": "why people are bullish pawns is because"}, {"start": "00:55:29", "end": "00:55:36", "text": "is the revenue the buybacks um etc. Okay"}, {"start": "00:55:34", "end": "00:55:38", "text": "that that's the the number one number"}, {"start": "00:55:36", "end": "00:55:39", "text": "one narrative I see. I mean you see"}, {"start": "00:55:38", "end": "00:55:42", "text": "yourself look here pawns is already"}, {"start": "00:55:39", "end": "00:55:44", "text": "buying back almost as much as pump for"}, {"start": "00:55:42", "end": "00:55:48", "text": "example this is how you see the"}, {"start": "00:55:44", "end": "00:55:50", "text": "bullishness in a in a coin and because"}, {"start": "00:55:48", "end": "00:55:52", "text": "you compare it to another coin which has"}, {"start": "00:55:50", "end": "00:55:56", "text": "revenue and you see can we reach revenue"}, {"start": "00:55:52", "end": "00:56:00", "text": "you know all so on so forth so it's"}, {"start": "00:55:56", "end": "00:56:02", "text": "already now the norm and by the way we"}, {"start": "00:56:00", "end": "00:56:06", "text": "kind of made it happen because we"}, {"start": "00:56:02", "end": "00:56:09", "text": "removed Gary Gansler Gary Gansler we"}, {"start": "00:56:06", "end": "00:56:12", "text": "removed moved Gary Gansler and with G"}, {"start": "00:56:09", "end": "00:56:13", "text": "Gary Gensler it would be impossible. It"}, {"start": "00:56:12", "end": "00:56:15", "text": "would be impossible. Man, let let me"}, {"start": "00:56:13", "end": "00:56:16", "text": "watch this movie again. It's I I cannot"}, {"start": "00:56:15", "end": "00:56:18", "text": "guess enough of this AS lobs, guys. Let"}, {"start": "00:56:16", "end": "00:56:19", "text": "me know if you watch them too much."}, {"start": "00:56:18", "end": "00:56:21", "text": "Maybe you guys find them boring, but I I"}, {"start": "00:56:19", "end": "00:56:24", "text": "I don't know. I just love it. I just"}, {"start": "00:56:21", "end": "00:56:24", "text": "love this ASO."}, {"start": "00:56:25", "end": "00:56:31", "text": ">> Bitcoin is a security."}, {"start": "00:56:28", "end": "00:56:33", "text": ">> You still can't define one."}, {"start": "00:56:31", "end": "00:56:36", "text": ">> I am the SEC."}, {"start": "00:56:33", "end": "00:56:36", "text": ">> NOT ANYMORE."}, {"start": "00:56:40", "end": "00:56:46", "text": "I AM the SEC."}, {"start": "00:56:42", "end": "00:56:48", "text": "Holy crap, guys. I am the SEC."}, {"start": "00:56:46", "end": "00:56:52", "text": "[laughter]"}, {"start": "00:56:48", "end": "00:56:55", "text": "Wow. Wow. Big shout out small. But see,"}, {"start": "00:56:52", "end": "00:57:00", "text": "now that um we have slain the SEC. Look"}, {"start": "00:56:55", "end": "00:57:01", "text": "at it. Look at him. I am the SEC."}, {"start": "00:57:00", "end": "00:57:05", "text": "[laughter]"}, {"start": "00:57:01", "end": "00:57:07", "text": "We've slain the SEC."}, {"start": "00:57:05", "end": "00:57:10", "text": "SEC SEC"}, {"start": "00:57:07", "end": "00:57:12", "text": "and uh now SEC is okay with having"}, {"start": "00:57:10", "end": "00:57:15", "text": "revshare buyback. Now everyone is super"}, {"start": "00:57:12", "end": "00:57:16", "text": "bold. I mean as long as we have Trump in"}, {"start": "00:57:15", "end": "00:57:18", "text": "the office and again guys we're"}, {"start": "00:57:16", "end": "00:57:20", "text": "apolitical. We're apolitical. You you"}, {"start": "00:57:18", "end": "00:57:23", "text": "maybe you love Bernie whatever. Big"}, {"start": "00:57:20", "end": "00:57:25", "text": "shout out. But see as long as we have"}, {"start": "00:57:23", "end": "00:57:28", "text": "Trump"}, {"start": "00:57:25", "end": "00:57:29", "text": "we can do this kind of We can do"}, {"start": "00:57:28", "end": "00:57:31", "text": "all of it. We can do rev share. We can"}, {"start": "00:57:29", "end": "00:57:33", "text": "do anything. You can do anything in"}, {"start": "00:57:31", "end": "00:57:35", "text": "crypto. Everything is allowed. I mean"}, {"start": "00:57:33", "end": "00:57:37", "text": "more or less everything ethical is"}, {"start": "00:57:35", "end": "00:57:40", "text": "allowed. Of course, if you do unethical,"}, {"start": "00:57:37", "end": "00:57:43", "text": "you do crime, you do scam, you do theft."}, {"start": "00:57:40", "end": "00:57:46", "text": "It's still fraud and fraud is regulated"}, {"start": "00:57:43", "end": "00:57:48", "text": "as fraud in any case. So the way it"}, {"start": "00:57:46", "end": "00:57:50", "text": "works now, that's how it should be."}, {"start": "00:57:48", "end": "00:57:53", "text": "Fraud is fraud. It's regulated in any"}, {"start": "00:57:50", "end": "00:57:55", "text": "case. And everything that's legal,"}, {"start": "00:57:53", "end": "00:57:57", "text": "ethical, fantastic, fantastic,"}, {"start": "00:57:55", "end": "00:58:00", "text": "fantastic. And now you can do anything,"}, {"start": "00:57:57", "end": "00:58:03", "text": "man. Because we have slain the SEC. We"}, {"start": "00:58:00", "end": "00:58:07", "text": "have defeated We on this channel have"}, {"start": "00:58:03", "end": "00:58:07", "text": "defeated the SEC."}, {"start": "00:58:11", "end": "00:58:16", "text": ">> Bitcoin is a security."}, {"start": "00:58:14", "end": "00:58:18", "text": ">> You still can't define one."}, {"start": "00:58:16", "end": "00:58:22", "text": ">> I am the SEC."}, {"start": "00:58:18", "end": "00:58:22", "text": ">> Not anymore."}, {"start": "00:58:27", "end": "00:58:31", "text": "Anyway, [clears throat] so yeah, it is"}, {"start": "00:58:28", "end": "00:58:35", "text": "the norm, guys. Repture is the norm."}, {"start": "00:58:31", "end": "00:58:38", "text": "SEC, we defeated the SEC and uh yeah,"}, {"start": "00:58:35", "end": "00:58:38", "text": "that's it basically."}, {"start": "00:58:40", "end": "00:58:45", "text": "Look here, uh pawns made more revenue"}, {"start": "00:58:43", "end": "00:58:48", "text": "today than pump and not just fees market"}, {"start": "00:58:45", "end": "00:58:51", "text": "cap. Yeah, you see basically this was"}, {"start": "00:58:48", "end": "00:58:52", "text": "yesterday and people discuss a lot how"}, {"start": "00:58:51", "end": "00:58:56", "text": "much pump is making, pawns is making,"}, {"start": "00:58:52", "end": "00:58:58", "text": "what the market cap of pawns would be if"}, {"start": "00:58:56", "end": "00:59:05", "text": "if it would it got priced the same way"}, {"start": "00:58:58", "end": "00:59:05", "text": "as pampan based on the revenue etc etc."}, {"start": "00:59:07", "end": "00:59:12", "text": "So guys we are at 59 minutes is the"}, {"start": "00:59:09", "end": "00:59:15", "text": "perfect time to round it off. Thank you"}, {"start": "00:59:12", "end": "00:59:19", "text": "very much guys. Big shout out to Guzman"}, {"start": "00:59:15", "end": "00:59:22", "text": "for time timestamping us. It is time to"}, {"start": "00:59:19", "end": "00:59:26", "text": "be bullish, guys. If we close this week"}, {"start": "00:59:22", "end": "00:59:26", "text": "bullish on Bitcoin, oh"}, {"start": "00:59:26", "end": "00:59:29", "text": "go"}, {"start": "00:59:30", "end": "00:59:33", "text": "yeah."}, {"start": "00:59:34", "end": "00:59:38", "text": "Go to newsletter"}, {"start": "00:59:36", "end": "00:59:40", "text": "uh bullmail.com partners. Here you can"}, {"start": "00:59:38", "end": "00:59:42", "text": "go join. If you go to boom.com/partners,"}, {"start": "00:59:40", "end": "00:59:44", "text": "you have everything here in one place."}, {"start": "00:59:42", "end": "00:59:46", "text": "So you can join the newsletter. You can"}, {"start": "00:59:44", "end": "00:59:48", "text": "sign up on FOMO. Do it now. Buy bit like"}, {"start": "00:59:46", "end": "00:59:51", "text": "all of the discounts on on everything"}, {"start": "00:59:48", "end": "00:59:53", "text": "else with Pionex. By the way, they do"}, {"start": "00:59:51", "end": "00:59:55", "text": "have a new September deal here only in"}, {"start": "00:59:53", "end": "00:59:59", "text": "September. You click it, you're going to"}, {"start": "00:59:55", "end": "01:00:00", "text": "see here the um the deal from Pionex."}, {"start": "00:59:59", "end": "01:00:03", "text": "Very very very nice. We're going to be"}, {"start": "01:00:00", "end": "01:00:05", "text": "speaking about it more. It's 13 days to"}, {"start": "01:00:03", "end": "01:00:07", "text": "go. Bulls are back. Exactly. Exactly."}, {"start": "01:00:05", "end": "01:00:11", "text": "Bulls are back. You're going to see now"}, {"start": "01:00:07", "end": "01:00:13", "text": "exchanges pushing some promos because uh"}, {"start": "01:00:11", "end": "01:00:13", "text": "yeah, bulls are back. Basically,"}, {"start": "01:00:13", "end": "01:00:15", "text": "[laughter]"}, {"start": "01:00:13", "end": "01:00:17", "text": "bulls are back. They want to participate"}, {"start": "01:00:15", "end": "01:00:19", "text": "in in the bull. They want users back."}, {"start": "01:00:17", "end": "01:00:20", "text": "So, you can claim here if you go to"}, {"start": "01:00:19", "end": "01:00:23", "text": "bull.com/partners"}, {"start": "01:00:20", "end": "01:00:26", "text": "extra September deal. You can check"}, {"start": "01:00:23", "end": "01:00:28", "text": "weeks weeks lower KYC. Fantastic. Yeah."}, {"start": "01:00:26", "end": "01:00:29", "text": "Everything. But most important now with"}, {"start": "01:00:28", "end": "01:00:32", "text": "the old season, the way old season is"}, {"start": "01:00:29", "end": "01:00:33", "text": "shaping now is POM. This this one is the"}, {"start": "01:00:32", "end": "01:00:37", "text": "most important to to go right now guys."}, {"start": "01:00:33", "end": "01:00:39", "text": "Thank you very much. Namaste. If you get"}, {"start": "01:00:37", "end": "01:00:40", "text": "an email from Bullmania that slots are"}, {"start": "01:00:39", "end": "01:00:41", "text": "available, you click it, you don't even"}, {"start": "01:00:40", "end": "01:00:43", "text": "think you show up on the call because"}, {"start": "01:00:41", "end": "01:00:45", "text": "price is going up after the bull flip."}, {"start": "01:00:43", "end": "01:00:48", "text": "Thank you very much. Have a good day and"}, {"start": "01:00:45", "end": "01:00:48", "text": "goodbye. Goodbye. Goodbye. Bye."}]

[{"start": "00:00:00", "end": "00:00:05", "text": "the button. We're going live."}, {"start": "00:00:03", "end": "00:00:06", "text": "Oh yes. Oh yes. Oh yes. Oh yes. Guys,"}, {"start": "00:00:05", "end": "00:00:08", "text": "welcome to another episode. And as you"}, {"start": "00:00:06", "end": "00:00:11", "text": "can see right now, Bitcoin is still at"}, {"start": "00:00:08", "end": "00:00:13", "text": "around 778."}, {"start": "00:00:11", "end": "00:00:15", "text": "We're right on the flip to the bullish"}, {"start": "00:00:13", "end": "00:00:18", "text": "trend, but we are below it. And of"}, {"start": "00:00:15", "end": "00:00:20", "text": "course, the number one question I get"}, {"start": "00:00:18", "end": "00:00:24", "text": "nowadays is, is this a Bart? Because you"}, {"start": "00:00:20", "end": "00:00:26", "text": "did have Benjamin Cowan posting this"}, {"start": "00:00:24", "end": "00:00:30", "text": "yesterday basically saying that guys, we"}, {"start": "00:00:26", "end": "00:00:33", "text": "are going down. It's a B. Be ready for"}, {"start": "00:00:30", "end": "00:00:34", "text": "big downside all the way down here. And"}, {"start": "00:00:33", "end": "00:00:36", "text": "people are saying, Ivan, what's going to"}, {"start": "00:00:34", "end": "00:00:39", "text": "happen? What happens if Bart comes? What"}, {"start": "00:00:36", "end": "00:00:42", "text": "happens? How will we survive the Bart?"}, {"start": "00:00:39", "end": "00:00:44", "text": "What is going on? Ivan, please tell us."}, {"start": "00:00:42", "end": "00:00:46", "text": "We're bullish, but Bart can happen."}, {"start": "00:00:44", "end": "00:00:48", "text": "What's going on? So guys, let me educate"}, {"start": "00:00:46", "end": "00:00:51", "text": "you. Let me enlighten you about how to"}, {"start": "00:00:48", "end": "00:00:53", "text": "handle the Bart. Can Bart happen? Let's"}, {"start": "00:00:51", "end": "00:00:54", "text": "start with a simple question. Can it"}, {"start": "00:00:53", "end": "00:00:56", "text": "happen? Anything can happen. Is the"}, {"start": "00:00:54", "end": "00:00:59", "text": "market anything can happen. Will it"}, {"start": "00:00:56", "end": "00:01:01", "text": "happen? We will have to deal with it as"}, {"start": "00:00:59", "end": "00:01:02", "text": "it comes. But if Bart happens, we're"}, {"start": "00:01:01", "end": "00:01:05", "text": "back in the buy zone and we just"}, {"start": "00:01:02", "end": "00:01:07", "text": "deployed a smaller portion of our"}, {"start": "00:01:05", "end": "00:01:10", "text": "portfolio here. So it doesn't even"}, {"start": "00:01:07", "end": "00:01:12", "text": "matter. You just get to buy more here a"}, {"start": "00:01:10", "end": "00:01:14", "text": "bit lower. So if you keep it simple"}, {"start": "00:01:12", "end": "00:01:17", "text": "where we accumulate around the 200 day"}, {"start": "00:01:14", "end": "00:01:19", "text": "moving average and then we go a heavy"}, {"start": "00:01:17", "end": "00:01:21", "text": "bullard when we flip bull trend, you"}, {"start": "00:01:19", "end": "00:01:23", "text": "literally don't care about the Bart. In"}, {"start": "00:01:21", "end": "00:01:25", "text": "fact, the Bart may even be good for you"}, {"start": "00:01:23", "end": "00:01:27", "text": "because we're back into that green buy"}, {"start": "00:01:25", "end": "00:01:29", "text": "zone where Bitcoin is super super cheap"}, {"start": "00:01:27", "end": "00:01:32", "text": "and you get to buy even cheaper. You get"}, {"start": "00:01:29", "end": "00:01:34", "text": "another discount. There's no need to"}, {"start": "00:01:32", "end": "00:01:35", "text": "make it more complex than it is. There's"}, {"start": "00:01:34", "end": "00:01:38", "text": "no need to be concerned. There's no need"}, {"start": "00:01:35", "end": "00:01:40", "text": "to be worried about anything. If Bart"}, {"start": "00:01:38", "end": "00:01:43", "text": "happens, we take the B with both hands"}, {"start": "00:01:40", "end": "00:01:45", "text": "and we accumulate very very cheaply at"}, {"start": "00:01:43", "end": "00:01:47", "text": "around the 200E moving average if we"}, {"start": "00:01:45", "end": "00:01:50", "text": "come back there. But guys, thing is"}, {"start": "00:01:47", "end": "00:01:53", "text": "we're now soon a year after the top."}, {"start": "00:01:50", "end": "00:01:55", "text": "Okay. And Bitcoin will give you a lot of"}, {"start": "00:01:53", "end": "00:01:56", "text": "chances to buy cheap, but not endless"}, {"start": "00:01:55", "end": "00:01:59", "text": "chances. I mean, you had now a year to"}, {"start": "00:01:56", "end": "00:02:02", "text": "buy cheap. So, going back to 70K, below"}, {"start": "00:01:59", "end": "00:02:03", "text": "70K. I don't know. Maybe it happens,"}, {"start": "00:02:02", "end": "00:02:05", "text": "maybe not. I wouldn't count on it. Look"}, {"start": "00:02:03", "end": "00:02:06", "text": "here, here is the most important thing"}, {"start": "00:02:05", "end": "00:02:09", "text": "to realize now that the upside for"}, {"start": "00:02:06", "end": "00:02:11", "text": "Bitcoin is big. Upside is very, very"}, {"start": "00:02:09", "end": "00:02:13", "text": "big. But the downside is limited. So,"}, {"start": "00:02:11", "end": "00:02:14", "text": "what if Bart happens? Okay, Bart"}, {"start": "00:02:13", "end": "00:02:16", "text": "happens. Okay, what you going to do?"}, {"start": "00:02:14", "end": "00:02:17", "text": "You're going to cry. What are you going"}, {"start": "00:02:16", "end": "00:02:19", "text": "to do? Because I can tell you something,"}, {"start": "00:02:17", "end": "00:02:21", "text": "guys. If Bart happens, the bears will"}, {"start": "00:02:19", "end": "00:02:23", "text": "not buy anyway. They will not buy"}, {"start": "00:02:21", "end": "00:02:24", "text": "anyway. They will have another reason to"}, {"start": "00:02:23", "end": "00:02:27", "text": "not buy because if Bart happens, guess"}, {"start": "00:02:24", "end": "00:02:28", "text": "what? People will be saying, \"Oh, now"}, {"start": "00:02:27", "end": "00:02:31", "text": "we're going to go to 50. Oh, now we're"}, {"start": "00:02:28", "end": "00:02:33", "text": "going to retest the lows.\" Okay, let's"}, {"start": "00:02:31", "end": "00:02:35", "text": "say Bart happens. We go back into the"}, {"start": "00:02:33", "end": "00:02:36", "text": "green buy zone here. Uh now, now what"}, {"start": "00:02:35", "end": "00:02:39", "text": "what they going to say? They're going to"}, {"start": "00:02:36", "end": "00:02:41", "text": "say, \"Oh, now, yeah, maybe we go and we"}, {"start": "00:02:39", "end": "00:02:43", "text": "retest 57.\" Maybe, maybe, maybe, maybe."}, {"start": "00:02:41", "end": "00:02:45", "text": "I mean, who the hell knows? Anything can"}, {"start": "00:02:43", "end": "00:02:47", "text": "happen. We're here to look at"}, {"start": "00:02:45", "end": "00:02:49", "text": "probabilities and position ourselves"}, {"start": "00:02:47", "end": "00:02:51", "text": "accordingly based on expected value. So"}, {"start": "00:02:49", "end": "00:02:53", "text": "in this situation personally I'm not"}, {"start": "00:02:51", "end": "00:02:55", "text": "worried about Bart. I'm not worried"}, {"start": "00:02:53", "end": "00:02:57", "text": "about interest rate hike. It's another"}, {"start": "00:02:55", "end": "00:02:59", "text": "fud people have in their brain. Poor"}, {"start": "00:02:57", "end": "00:03:01", "text": "poor plebas. They're so worried about"}, {"start": "00:02:59", "end": "00:03:02", "text": "Bart. They're so worried about the"}, {"start": "00:03:01", "end": "00:03:04", "text": "interest rate hike. Ivan, what's going"}, {"start": "00:03:02", "end": "00:03:05", "text": "to happen if interest rate goes up?"}, {"start": "00:03:04", "end": "00:03:09", "text": "What's going to happen? I told you"}, {"start": "00:03:05", "end": "00:03:12", "text": "yesterday. Take it easy. Don't worry. Be"}, {"start": "00:03:09", "end": "00:03:14", "text": "happy. There is not an issue if interest"}, {"start": "00:03:12", "end": "00:03:17", "text": "rate goes up. Okay, it's not an issue."}, {"start": "00:03:14", "end": "00:03:19", "text": "The issue is that many people will miss"}, {"start": "00:03:17", "end": "00:03:21", "text": "the next bull market. That's the bigger"}, {"start": "00:03:19", "end": "00:03:25", "text": "issue. The interest rate, we're now a"}, {"start": "00:03:21", "end": "00:03:27", "text": "year into this uh uh bare cycle. Uh bad"}, {"start": "00:03:25", "end": "00:03:30", "text": "news don't matter. Bad news at this"}, {"start": "00:03:27", "end": "00:03:33", "text": "point don't matter. Now, can we still go"}, {"start": "00:03:30", "end": "00:03:35", "text": "below? Possible. Possible. But it is the"}, {"start": "00:03:33", "end": "00:03:37", "text": "time to be bull. We're very close to"}, {"start": "00:03:35", "end": "00:03:39", "text": "flipping bullish. If we go down, see it"}, {"start": "00:03:37", "end": "00:03:42", "text": "as a gift from Satoshi to get a bit"}, {"start": "00:03:39", "end": "00:03:44", "text": "cheaper, a bit cheaper Bitcoin. But all"}, {"start": "00:03:42", "end": "00:03:45", "text": "in all, we are accumulating slowly and"}, {"start": "00:03:44", "end": "00:03:48", "text": "then we're going to be accumulating like"}, {"start": "00:03:45", "end": "00:03:49", "text": "very very fast like mfers like we say"}, {"start": "00:03:48", "end": "00:03:51", "text": "like mfers. We're going to be"}, {"start": "00:03:49", "end": "00:03:56", "text": "accumulating above the bull flip. So"}, {"start": "00:03:51", "end": "00:04:00", "text": "SCFU and by by"}, {"start": "00:03:56", "end": "00:04:03", "text": "this is the final crescendo of the bear."}, {"start": "00:04:00", "end": "00:04:05", "text": "The bear is coming to an end. And here's"}, {"start": "00:04:03", "end": "00:04:08", "text": "where we have to look on the upside. Now"}, {"start": "00:04:05", "end": "00:04:10", "text": "you have Mr. Trumpo himself coming out"}, {"start": "00:04:08", "end": "00:04:13", "text": "saying that the stock market is going to"}, {"start": "00:04:10", "end": "00:04:15", "text": "keep pumping very very very high that"}, {"start": "00:04:13", "end": "00:04:16", "text": "the pump is not cancelled. Listen to"}, {"start": "00:04:15", "end": "00:04:17", "text": "this."}, {"start": "00:04:16", "end": "00:04:19", "text": ">> Well, the good news is the stock market"}, {"start": "00:04:17", "end": "00:04:21", "text": "hits new records every day. So the stock"}, {"start": "00:04:19", "end": "00:04:23", "text": "market wasn't affected although it would"}, {"start": "00:04:21", "end": "00:04:27", "text": "even be higher believe it or not the"}, {"start": "00:04:23", "end": "00:04:30", "text": "stock market will go up. But um"}, {"start": "00:04:27", "end": "00:04:31", "text": ">> up from the Trump up from the Trump and"}, {"start": "00:04:30", "end": "00:04:33", "text": "guys if there is one thing you need to"}, {"start": "00:04:31", "end": "00:04:36", "text": "trust Trump on it is the stock market."}, {"start": "00:04:33", "end": "00:04:38", "text": "Yes. everything else drain the swamp."}, {"start": "00:04:36", "end": "00:04:40", "text": "Many other things that he said maybe"}, {"start": "00:04:38", "end": "00:04:42", "text": "not. Okay, you have to be very"}, {"start": "00:04:40", "end": "00:04:44", "text": "skeptical. But one thing he has been"}, {"start": "00:04:42", "end": "00:04:47", "text": "consistently good at both in his first"}, {"start": "00:04:44", "end": "00:04:49", "text": "term and in his second term, it is the"}, {"start": "00:04:47", "end": "00:04:52", "text": "stock market. There is one thing where"}, {"start": "00:04:49", "end": "00:04:53", "text": "Trump is certified as a legit source of"}, {"start": "00:04:52", "end": "00:04:56", "text": "news and that is that the stock market"}, {"start": "00:04:53", "end": "00:04:58", "text": "under Trump goes up and goes up a lot."}, {"start": "00:04:56", "end": "00:04:59", "text": "Look at what happened in the last"}, {"start": "00:04:58", "end": "00:05:03", "text": "presidency and look at what's happening"}, {"start": "00:04:59", "end": "00:05:04", "text": "now. It goes up a lot. So there is the"}, {"start": "00:05:03", "end": "00:05:07", "text": "biggest reason I mean the biggest reason"}, {"start": "00:05:04", "end": "00:05:08", "text": "to be bull now is the cycle is coming to"}, {"start": "00:05:07", "end": "00:05:11", "text": "an end. We have now one year you know"}, {"start": "00:05:08", "end": "00:05:13", "text": "the drill one year since the peak bare"}, {"start": "00:05:11", "end": "00:05:15", "text": "market is approximately one year but"}, {"start": "00:05:13", "end": "00:05:17", "text": "then also everything around us with"}, {"start": "00:05:15", "end": "00:05:19", "text": "treasury um with the with the treasury"}, {"start": "00:05:17", "end": "00:05:21", "text": "market where the Scott Besson head of"}, {"start": "00:05:19", "end": "00:05:22", "text": "the US treasury is now buying back the"}, {"start": "00:05:21", "end": "00:05:26", "text": "treasuries from the market buying back"}, {"start": "00:05:22", "end": "00:05:28", "text": "the bonds and also today they will be"}, {"start": "00:05:26", "end": "00:05:31", "text": "deploying $2 billion"}, {"start": "00:05:28", "end": "00:05:33", "text": "in order to buy back their own debt. So"}, {"start": "00:05:31", "end": "00:05:36", "text": "they will be deploying literally today."}, {"start": "00:05:33", "end": "00:05:39", "text": "I mean as we're speaking Scott Bessant"}, {"start": "00:05:36", "end": "00:05:42", "text": "is clicking the button to buy back the"}, {"start": "00:05:39", "end": "00:05:45", "text": "debt. This is QE. It's QE in another"}, {"start": "00:05:42", "end": "00:05:47", "text": "form with another rapper. But at the end"}, {"start": "00:05:45", "end": "00:05:49", "text": "of the day is the same is government"}, {"start": "00:05:47", "end": "00:05:51", "text": "creating money. In this case it goes"}, {"start": "00:05:49", "end": "00:05:53", "text": "from US budget. But where does US budget"}, {"start": "00:05:51", "end": "00:05:55", "text": "come from? At the end of day it will"}, {"start": "00:05:53", "end": "00:05:57", "text": "come from the printer. That the printer"}, {"start": "00:05:55", "end": "00:05:59", "text": "all roads lead to printer. Don't over"}, {"start": "00:05:57", "end": "00:06:01", "text": "analyze too much. All roads are leading"}, {"start": "00:05:59", "end": "00:06:04", "text": "to a printer. In this case, you have"}, {"start": "00:06:01", "end": "00:06:06", "text": "Scott Bessent now deploying government"}, {"start": "00:06:04", "end": "00:06:09", "text": "budget. So, not directly printing but"}, {"start": "00:06:06", "end": "00:06:11", "text": "indirectly is printing anyway. All money"}, {"start": "00:06:09", "end": "00:06:13", "text": "is going to come from the printer. Okay?"}, {"start": "00:06:11", "end": "00:06:16", "text": "That's how money is created. It's going"}, {"start": "00:06:13", "end": "00:06:18", "text": "to be printed in anyway. Okay? And also"}, {"start": "00:06:16", "end": "00:06:20", "text": "you see the bullishness. He is speaking"}, {"start": "00:06:18", "end": "00:06:23", "text": "all the time about the fact that we will"}, {"start": "00:06:20", "end": "00:06:25", "text": "have to grow our way out of the debt."}, {"start": "00:06:23", "end": "00:06:27", "text": "Don't worry about the debt. He says he's"}, {"start": "00:06:25", "end": "00:06:29", "text": "saying grow our way out. If Bessant is"}, {"start": "00:06:27", "end": "00:06:32", "text": "right and we grow our way out, you want"}, {"start": "00:06:29", "end": "00:06:33", "text": "to be long AI stocks. You want to be"}, {"start": "00:06:32", "end": "00:06:35", "text": "long crypto, you want to be long all"}, {"start": "00:06:33", "end": "00:06:38", "text": "assets. I mean, for us now, crypto is"}, {"start": "00:06:35", "end": "00:06:39", "text": "more important than AI because some AI"}, {"start": "00:06:38", "end": "00:06:41", "text": "stocks are in bare trend. But listen,"}, {"start": "00:06:39", "end": "00:06:42", "text": "maybe they recover, but we we just see"}, {"start": "00:06:41", "end": "00:06:44", "text": "crypto as a bigger opportunity because"}, {"start": "00:06:42", "end": "00:06:46", "text": "it's it's been a long bare trend and now"}, {"start": "00:06:44", "end": "00:06:47", "text": "it goes bull and that's the best that's"}, {"start": "00:06:46", "end": "00:06:49", "text": "the best when you can get in into the"}, {"start": "00:06:47", "end": "00:06:51", "text": "new bull trends. If Bessant is wrong and"}, {"start": "00:06:49", "end": "00:06:54", "text": "we inflate our way out, you want to be"}, {"start": "00:06:51", "end": "00:06:56", "text": "long Bitcoin. But in my mind, it's both"}, {"start": "00:06:54", "end": "00:06:59", "text": "both will work. Bitcoin is at the end of"}, {"start": "00:06:56", "end": "00:07:01", "text": "the bear. So if stocks go up, Bitcoin is"}, {"start": "00:06:59", "end": "00:07:02", "text": "going to go up. If there is inflation,"}, {"start": "00:07:01", "end": "00:07:05", "text": "Bitcoin is gonna go up anyway. So in"}, {"start": "00:07:02", "end": "00:07:07", "text": "both of these cases, you want to be in"}, {"start": "00:07:05", "end": "00:07:08", "text": "crypto. You want to have at least part"}, {"start": "00:07:07", "end": "00:07:10", "text": "of your portfolio in crypto. It's very"}, {"start": "00:07:08", "end": "00:07:11", "text": "important. No matter who you are,"}, {"start": "00:07:10", "end": "00:07:13", "text": "whether you have big or small portfolio,"}, {"start": "00:07:11", "end": "00:07:16", "text": "no matter who you are, you need to have"}, {"start": "00:07:13", "end": "00:07:19", "text": "the Bitcoin. And guys, you know that we"}, {"start": "00:07:16", "end": "00:07:21", "text": "have a bit of a story here with u with"}, {"start": "00:07:19", "end": "00:07:23", "text": "our cinematics. You know that we we did"}, {"start": "00:07:21", "end": "00:07:25", "text": "have this uh this story with Bit Boy"}, {"start": "00:07:23", "end": "00:07:26", "text": "getting out of jail. Let me just repeat"}, {"start": "00:07:25", "end": "00:07:29", "text": "to you quickly because we have a"}, {"start": "00:07:26", "end": "00:07:31", "text": "follow-up. We have a follow-up thriller"}, {"start": "00:07:29", "end": "00:07:32", "text": "to this uh story with Bit Boy. So, I"}, {"start": "00:07:31", "end": "00:07:35", "text": "will repeat to you quickly here. 20"}, {"start": "00:07:32", "end": "00:07:35", "text": "seconds."}, {"start": "00:07:38", "end": "00:07:44", "text": "Bit Boy, get up. The super cycle needs"}, {"start": "00:07:41", "end": "00:07:44", "text": "its OGs."}, {"start": "00:07:47", "end": "00:07:53", "text": "I'm rebuilding the timeline. Try to stay"}, {"start": "00:07:49", "end": "00:07:53", "text": "out this time."}, {"start": "00:07:54", "end": "00:07:58", "text": "This masterpiece was released"}, {"start": "00:07:56", "end": "00:08:00", "text": "uh when was released? It was released"}, {"start": "00:07:58", "end": "00:08:03", "text": "yesterday. Today we have a follow-up. We"}, {"start": "00:08:00", "end": "00:08:05", "text": "have a follow-up. We call the followup"}, {"start": "00:08:03", "end": "00:08:08", "text": "Phantom Menace because there is someone"}, {"start": "00:08:05", "end": "00:08:11", "text": "sneaky, sneaky, sneaky uh coming in"}, {"start": "00:08:08", "end": "00:08:14", "text": "trying to disrupt the super cycle."}, {"start": "00:08:11", "end": "00:08:14", "text": "Listen to this."}, {"start": "00:08:25", "end": "00:08:29", "text": "You can't stop the super cycle."}, {"start": "00:08:33", "end": "00:08:38", "text": ">> Fantastic. But on this note, big big"}, {"start": "00:08:36", "end": "00:08:40", "text": "shout out. Big welcome everyone who is"}, {"start": "00:08:38", "end": "00:08:42", "text": "watching live. How are you doing this"}, {"start": "00:08:40", "end": "00:08:44", "text": "fantastic Thursday? Man, Thursday"}, {"start": "00:08:42", "end": "00:08:46", "text": "already. Time flies. Time flies very"}, {"start": "00:08:44", "end": "00:08:48", "text": "very fast. Smash up the like as soon as"}, {"start": "00:08:46", "end": "00:08:52", "text": "possible if you haven't yet. Big shout"}, {"start": "00:08:48", "end": "00:08:53", "text": "out to Guzman for time stamping us. Very"}, {"start": "00:08:52", "end": "00:08:56", "text": "very good having you here. And big shout"}, {"start": "00:08:53", "end": "00:08:59", "text": "out also to the small small small peep"}, {"start": "00:08:56", "end": "00:09:01", "text": "who is the guy here. Small peep that who"}, {"start": "00:08:59", "end": "00:09:03", "text": "is creating this cinematics. Holy crap,"}, {"start": "00:09:01", "end": "00:09:06", "text": "guys. We have the the two part the"}, {"start": "00:09:03", "end": "00:09:09", "text": "two-part story here. Also, I love that"}, {"start": "00:09:06", "end": "00:09:10", "text": "it took me like five seconds to react."}, {"start": "00:09:09", "end": "00:09:14", "text": "He had to shoot Bit Boy before I did"}, {"start": "00:09:10", "end": "00:09:14", "text": "anything. Listen to this."}, {"start": "00:09:17", "end": "00:09:21", "text": "Why I wait so long?"}, {"start": "00:09:22", "end": "00:09:29", "text": "Why I wait so long? Like the the worst"}, {"start": "00:09:24", "end": "00:09:29", "text": "uh the worst reaction time."}, {"start": "00:09:31", "end": "00:09:36", "text": "Anyway, big shout to small small VP."}, {"start": "00:09:33", "end": "00:09:39", "text": "Guys, I have big news to everyone who is"}, {"start": "00:09:36", "end": "00:09:40", "text": "in the Bull Mania newsletter. I mean"}, {"start": "00:09:39", "end": "00:09:42", "text": "number one you should be in the"}, {"start": "00:09:40", "end": "00:09:44", "text": "bullmania newsletter because I give you"}, {"start": "00:09:42", "end": "00:09:47", "text": "fantastic fantastic updates uh every"}, {"start": "00:09:44", "end": "00:09:49", "text": "week sometimes several times per week uh"}, {"start": "00:09:47", "end": "00:09:51", "text": "go subscribe is fully free first link in"}, {"start": "00:09:49", "end": "00:09:53", "text": "description but also if you are in the"}, {"start": "00:09:51", "end": "00:09:56", "text": "newsletter uh a few hours ago we did"}, {"start": "00:09:53", "end": "00:09:59", "text": "send out new bulmania spots we are"}, {"start": "00:09:56", "end": "00:10:01", "text": "raising prices when Bitcoin goes into"}, {"start": "00:09:59", "end": "00:10:03", "text": "bull trend in bull market pricing is"}, {"start": "00:10:01", "end": "00:10:05", "text": "going to be totally different so if you"}, {"start": "00:10:03", "end": "00:10:07", "text": "have received the email about bullmania"}, {"start": "00:10:05", "end": "00:10:09", "text": "slots open it right now if you haven't"}, {"start": "00:10:07", "end": "00:10:11", "text": "checked check your email right now if"}, {"start": "00:10:09", "end": "00:10:13", "text": "you haven't received it for some reason"}, {"start": "00:10:11", "end": "00:10:15", "text": "email hello@bullmania.com because you"}, {"start": "00:10:13", "end": "00:10:17", "text": "should have received it and when we flip"}, {"start": "00:10:15", "end": "00:10:19", "text": "bullish right here all price in bulmania"}, {"start": "00:10:17", "end": "00:10:22", "text": "are going to go up due to crazy demand I"}, {"start": "00:10:19", "end": "00:10:24", "text": "mean orders now we see a lot and also"}, {"start": "00:10:22", "end": "00:10:25", "text": "very very important sometimes people"}, {"start": "00:10:24", "end": "00:10:27", "text": "think we're going to have some discount"}, {"start": "00:10:25", "end": "00:10:30", "text": "in Halloween and like Christmas like we"}, {"start": "00:10:27", "end": "00:10:31", "text": "had many many years ago I mean in last"}, {"start": "00:10:30", "end": "00:10:33", "text": "years we don't even do it but there will"}, {"start": "00:10:31", "end": "00:10:35", "text": "be no discount guys because the demand"}, {"start": "00:10:33", "end": "00:10:36", "text": "is too high and in fact we I just told"}, {"start": "00:10:35", "end": "00:10:38", "text": "you we're going to be increasing we're"}, {"start": "00:10:36", "end": "00:10:42", "text": "going to be increasing so basically All"}, {"start": "00:10:38", "end": "00:10:45", "text": "of the pre-bull market ogs which you"}, {"start": "00:10:42", "end": "00:10:47", "text": "belong to this is the time after bull"}, {"start": "00:10:45", "end": "00:10:48", "text": "market I mean after we confirm it's"}, {"start": "00:10:47", "end": "00:10:49", "text": "going to be different it's going to be"}, {"start": "00:10:48", "end": "00:10:52", "text": "different story the lagards are going to"}, {"start": "00:10:49", "end": "00:10:54", "text": "be in a in a different situation so go"}, {"start": "00:10:52", "end": "00:10:56", "text": "and check your email if you haven't yet"}, {"start": "00:10:54", "end": "00:10:57", "text": "and if you are not in the newsletter"}, {"start": "00:10:56", "end": "00:10:59", "text": "subscribe because we're going to be"}, {"start": "00:10:57", "end": "00:11:01", "text": "updating you on the market here as well"}, {"start": "00:10:59", "end": "00:11:02", "text": "uh approximately once a week a very very"}, {"start": "00:11:01", "end": "00:11:04", "text": "short email I send you about the market"}, {"start": "00:11:02", "end": "00:11:06", "text": "on August 4th we told you to be bullish"}, {"start": "00:11:04", "end": "00:11:08", "text": "back in October we told you to bear I"}, {"start": "00:11:06", "end": "00:11:09", "text": "mean you know the standard Let's switch"}, {"start": "00:11:08", "end": "00:11:12", "text": "gears a bit. Let's switch gears a bit."}, {"start": "00:11:09", "end": "00:11:14", "text": "Let's speak about what's happening with"}, {"start": "00:11:12", "end": "00:11:16", "text": "the new cycle because there are things"}, {"start": "00:11:14", "end": "00:11:18", "text": "that are accelerating a lot. You know,"}, {"start": "00:11:16", "end": "00:11:19", "text": "Robin Hood chain is growing so much."}, {"start": "00:11:18", "end": "00:11:22", "text": "It's quite insane. I mean, during the"}, {"start": "00:11:19", "end": "00:11:25", "text": "last week, they did see an insane growth"}, {"start": "00:11:22", "end": "00:11:27", "text": "in um in volume. They launched here"}, {"start": "00:11:25", "end": "00:11:29", "text": "hype. Everyone everyone is excited about"}, {"start": "00:11:27", "end": "00:11:31", "text": "the new thing. Then it died off and now"}, {"start": "00:11:29", "end": "00:11:32", "text": "it's back, which is actually a very"}, {"start": "00:11:31", "end": "00:11:34", "text": "bullish sign because you have many new"}, {"start": "00:11:32", "end": "00:11:36", "text": "changes that launch and then they die."}, {"start": "00:11:34", "end": "00:11:38", "text": "Is the standard is the standard. And we"}, {"start": "00:11:36", "end": "00:11:40", "text": "need to see where the chain where the"}, {"start": "00:11:38", "end": "00:11:42", "text": "project breaks the mold. And in this"}, {"start": "00:11:40", "end": "00:11:45", "text": "case, you see Robin Hood is breaking the"}, {"start": "00:11:42", "end": "00:11:47", "text": "mold mold heavily. And uh now it is"}, {"start": "00:11:45", "end": "00:11:49", "text": "basically saying that I'm relevant even"}, {"start": "00:11:47", "end": "00:11:51", "text": "after the first uh the first few days,"}, {"start": "00:11:49", "end": "00:11:54", "text": "you know, the first few weeks. And when"}, {"start": "00:11:51", "end": "00:11:57", "text": "you look at the different coins that are"}, {"start": "00:11:54", "end": "00:11:59", "text": "uh that are u uh that are relevant here,"}, {"start": "00:11:57", "end": "00:12:01", "text": "one of you guys actually yesterday"}, {"start": "00:11:59", "end": "00:12:02", "text": "highlighted unis swap being the biggest"}, {"start": "00:12:01", "end": "00:12:03", "text": "deck. I mean unis swap is killing it"}, {"start": "00:12:02", "end": "00:12:05", "text": "when it comes to the volume. the whole"}, {"start": "00:12:03", "end": "00:12:08", "text": "like the whole protocol here of unis"}, {"start": "00:12:05", "end": "00:12:11", "text": "swap has exploded since the uh since the"}, {"start": "00:12:08", "end": "00:12:13", "text": "Robin Hood chain launched. So to to have"}, {"start": "00:12:11", "end": "00:12:16", "text": "a nice bag if you're interested in a"}, {"start": "00:12:13", "end": "00:12:19", "text": "nice bag of Robin Hood chain assets"}, {"start": "00:12:16", "end": "00:12:20", "text": "which are uh benefiting from the growth"}, {"start": "00:12:19", "end": "00:12:22", "text": "of Robin Hood chain because there's no"}, {"start": "00:12:20", "end": "00:12:23", "text": "coin that you can just buy like on"}, {"start": "00:12:22", "end": "00:12:24", "text": "Solana if you bullish Solana you buy"}, {"start": "00:12:23", "end": "00:12:26", "text": "Solana but on Robin Hood you have to"}, {"start": "00:12:24", "end": "00:12:29", "text": "like create your own basket of coins. So"}, {"start": "00:12:26", "end": "00:12:31", "text": "which which are the coins? UniS swap"}, {"start": "00:12:29", "end": "00:12:33", "text": "because it is the DEX. It is getting all"}, {"start": "00:12:31", "end": "00:12:35", "text": "of the benefits of the of the volume."}, {"start": "00:12:33", "end": "00:12:38", "text": "That's number one. Then you have pawns."}, {"start": "00:12:35", "end": "00:12:41", "text": "This is the pump fun clone. Uh this is"}, {"start": "00:12:38", "end": "00:12:44", "text": "basically yeah the casino the casino on"}, {"start": "00:12:41", "end": "00:12:46", "text": "on Robin Hood chain for uh yeah creating"}, {"start": "00:12:44", "end": "00:12:48", "text": "the the coins and just like small pe man"}, {"start": "00:12:46", "end": "00:12:50", "text": "small people actually adding a bit of"}, {"start": "00:12:48", "end": "00:12:52", "text": "context here buy back almost 1 million"}, {"start": "00:12:50", "end": "00:12:54", "text": "daily and the liquidity on form is not"}, {"start": "00:12:52", "end": "00:12:55", "text": "correct. Basically liquidity is quite"}, {"start": "00:12:54", "end": "00:12:57", "text": "big here also because we discussed that"}, {"start": "00:12:55", "end": "00:12:59", "text": "liquidity is small the other day"}, {"start": "00:12:57", "end": "00:13:03", "text": "according to small PP the liquidity is"}, {"start": "00:12:59", "end": "00:13:05", "text": "good 30 to 40 million liquidity. So that"}, {"start": "00:13:03", "end": "00:13:08", "text": "is the pan clone. Next you have morpho"}, {"start": "00:13:05", "end": "00:13:10", "text": "this is for defi yield morpho integrated"}, {"start": "00:13:08", "end": "00:13:13", "text": "in all yeah all big all big exchanges."}, {"start": "00:13:10", "end": "00:13:17", "text": "Kraken has morpho and other ones. Cash"}, {"start": "00:13:13", "end": "00:13:19", "text": "cut is the meme is the og meme and hood"}, {"start": "00:13:17", "end": "00:13:21", "text": "is the is the Robin Hood stock. So if"}, {"start": "00:13:19", "end": "00:13:23", "text": "you have a basket out of all of the all"}, {"start": "00:13:21", "end": "00:13:26", "text": "of this and you are bullish on Robin"}, {"start": "00:13:23", "end": "00:13:29", "text": "Hood as a narrative uh as a chain you"}, {"start": "00:13:26", "end": "00:13:31", "text": "basically replicate kind of like a coin"}, {"start": "00:13:29", "end": "00:13:33", "text": "you replicate if you put a a basket of"}, {"start": "00:13:31", "end": "00:13:35", "text": "all of them you replicate the kind of"}, {"start": "00:13:33", "end": "00:13:37", "text": "like a coin with uh Robin Hood uh yeah"}, {"start": "00:13:35", "end": "00:13:39", "text": "with Robin Hood exposure and here during"}, {"start": "00:13:37", "end": "00:13:42", "text": "the last few days you see the the"}, {"start": "00:13:39", "end": "00:13:44", "text": "explosion so all in all you are still in"}, {"start": "00:13:42", "end": "00:13:47", "text": "a very very early stage I mean the bull"}, {"start": "00:13:44", "end": "00:13:48", "text": "market hasn't even started and uh check"}, {"start": "00:13:47", "end": "00:13:50", "text": "out all the different coins which are in"}, {"start": "00:13:48", "end": "00:13:52", "text": "bull trend Most of them are in bull"}, {"start": "00:13:50", "end": "00:13:53", "text": "trend. Let's actually check how it looks"}, {"start": "00:13:52", "end": "00:13:56", "text": "like. Unis swap is in bull trend for"}, {"start": "00:13:53", "end": "00:13:59", "text": "quite some time. And uh here's the best"}, {"start": "00:13:56", "end": "00:14:00", "text": "thing with uh the bullman system with"}, {"start": "00:13:59", "end": "00:14:02", "text": "mechanical rules. You don't even have to"}, {"start": "00:14:00", "end": "00:14:04", "text": "know too much like what's happening in"}, {"start": "00:14:02", "end": "00:14:06", "text": "terms of fundamentals. You just see that"}, {"start": "00:14:04", "end": "00:14:09", "text": "on August 3rd it became bull trend and"}, {"start": "00:14:06", "end": "00:14:11", "text": "now it's up 40% since the bull trend."}, {"start": "00:14:09", "end": "00:14:13", "text": "Obviously now with Robin Hood everything"}, {"start": "00:14:11", "end": "00:14:16", "text": "is playing in terms of narrative as"}, {"start": "00:14:13", "end": "00:14:18", "text": "well. But most importantly it is bullish"}, {"start": "00:14:16", "end": "00:14:20", "text": "on the weekly chart. When things go"}, {"start": "00:14:18", "end": "00:14:22", "text": "bullish on the weekly chart we are"}, {"start": "00:14:20", "end": "00:14:24", "text": "bullish. I mean simple as that. And"}, {"start": "00:14:22", "end": "00:14:26", "text": "sometimes like with unis swap you see"}, {"start": "00:14:24", "end": "00:14:28", "text": "that it goes down a bit but if it's bull"}, {"start": "00:14:26", "end": "00:14:30", "text": "trend is bull trend and it has recovered"}, {"start": "00:14:28", "end": "00:14:32", "text": "quite nicely. And now with Robin Hood it"}, {"start": "00:14:30", "end": "00:14:36", "text": "has all of the momentum. Let me see if"}, {"start": "00:14:32", "end": "00:14:38", "text": "pawns has a chart now. Pawns attend."}, {"start": "00:14:36", "end": "00:14:39", "text": "Let's see"}, {"start": "00:14:38", "end": "00:14:41", "text": "is this one? It's not this one. Oh yeah"}, {"start": "00:14:39", "end": "00:14:45", "text": "it is this one. So on when it comes to"}, {"start": "00:14:41", "end": "00:14:48", "text": "the uh weekly obviously no no trend"}, {"start": "00:14:45", "end": "00:14:51", "text": "daily no trend but hourly hourly hourly"}, {"start": "00:14:48", "end": "00:14:54", "text": "you do have a trend. So here use hourly"}, {"start": "00:14:51", "end": "00:14:56", "text": "hourly is probably the best one. Now uh"}, {"start": "00:14:54", "end": "00:14:58", "text": "let's see is there some decks integrated"}, {"start": "00:14:56", "end": "00:15:00", "text": "the"}, {"start": "00:14:58", "end": "00:15:02", "text": "no you'll have to use cryptocry.com"}, {"start": "00:15:00", "end": "00:15:05", "text": "chart for uh for pawns if you want to"}, {"start": "00:15:02", "end": "00:15:06", "text": "look on on trading view. Next you have a"}, {"start": "00:15:05", "end": "00:15:08", "text": "morpho. Let's check morpho how it looks"}, {"start": "00:15:06", "end": "00:15:10", "text": "like. Morpho is massive. I mean even"}, {"start": "00:15:08", "end": "00:15:11", "text": "before Robin Hood they were massive. We"}, {"start": "00:15:10", "end": "00:15:14", "text": "discussed them the a few weeks ago"}, {"start": "00:15:11", "end": "00:15:17", "text": "because you have all kinds of exchanges"}, {"start": "00:15:14", "end": "00:15:18", "text": "integrating them. Uh let's see on weekly"}, {"start": "00:15:17", "end": "00:15:21", "text": "how it looks"}, {"start": "00:15:18", "end": "00:15:23", "text": "weekly bullish and it is up also 35%"}, {"start": "00:15:21", "end": "00:15:26", "text": "since the weekly flip. So it's basically"}, {"start": "00:15:23", "end": "00:15:28", "text": "the same time. Uh oh sorry not the same"}, {"start": "00:15:26", "end": "00:15:29", "text": "time as uniso but it had a similar"}, {"start": "00:15:28", "end": "00:15:32", "text": "trajectory when it flip bullish a bit of"}, {"start": "00:15:29", "end": "00:15:35", "text": "dump and then Valhalla Valhalla. So"}, {"start": "00:15:32", "end": "00:15:39", "text": "Morpho is the other one. Let's see. Um"}, {"start": "00:15:35", "end": "00:15:41", "text": "cash cat we have a nice chart cash also"}, {"start": "00:15:39", "end": "00:15:44", "text": "now with uh the the key with pawns now"}, {"start": "00:15:41", "end": "00:15:47", "text": "also is that they are exiting this uh um"}, {"start": "00:15:44", "end": "00:15:50", "text": "onchain only stage and they're getting"}, {"start": "00:15:47", "end": "00:15:53", "text": "into uh central exchanges uh I believe"}, {"start": "00:15:50", "end": "00:15:54", "text": "they are listed on Binance which in"}, {"start": "00:15:53", "end": "00:15:57", "text": "itself I mean sometimes Binance listing"}, {"start": "00:15:54", "end": "00:15:59", "text": "is kind of local top so always stop loss"}, {"start": "00:15:57", "end": "00:16:02", "text": "always be careful but it is a sign that"}, {"start": "00:15:59", "end": "00:16:06", "text": "it is maturing from just you know digent"}, {"start": "00:16:02", "end": "00:16:09", "text": "stuff on chain to uh now being um being"}, {"start": "00:16:06", "end": "00:16:11", "text": "a coin with history with on big"}, {"start": "00:16:09", "end": "00:16:13", "text": "platforms and so on so forth. So anyway,"}, {"start": "00:16:11", "end": "00:16:14", "text": "that's that with the Robin Hood chain."}, {"start": "00:16:13", "end": "00:16:16", "text": "Uh let me see if we missed something."}, {"start": "00:16:14", "end": "00:16:18", "text": "And then of course Robin Hood stock has"}, {"start": "00:16:16", "end": "00:16:21", "text": "been bullish for quite some time. And"}, {"start": "00:16:18", "end": "00:16:23", "text": "here is where the suits may not really"}, {"start": "00:16:21", "end": "00:16:27", "text": "understand the business benefit here."}, {"start": "00:16:23", "end": "00:16:29", "text": "You see it's bullish now since uh June"}, {"start": "00:16:27", "end": "00:16:32", "text": "uh on the daily and let's go to the"}, {"start": "00:16:29", "end": "00:16:35", "text": "weekly. It is bullish. Robin Hood chain,"}, {"start": "00:16:32", "end": "00:16:37", "text": "Robin Hood stock is bullish since also"}, {"start": "00:16:35", "end": "00:16:38", "text": "June on the weekly and you see it is I"}, {"start": "00:16:37", "end": "00:16:42", "text": "mean there is momentum here. They're"}, {"start": "00:16:38", "end": "00:16:44", "text": "coming above uh this this resistance and"}, {"start": "00:16:42", "end": "00:16:46", "text": "basically what the suits don't really"}, {"start": "00:16:44", "end": "00:16:48", "text": "understand yet is how much money Robin"}, {"start": "00:16:46", "end": "00:16:50", "text": "Hood is making here because they're not"}, {"start": "00:16:48", "end": "00:16:52", "text": "paying too much into ETH. You know, they"}, {"start": "00:16:50", "end": "00:16:55", "text": "pay like 10 $10,000 for ETH and that's"}, {"start": "00:16:52", "end": "00:16:57", "text": "it. Uh they don't pay anything to"}, {"start": "00:16:55", "end": "00:16:58", "text": "anyone. They keep most of the profits."}, {"start": "00:16:57", "end": "00:17:00", "text": "That's why when people say, \"Oh, Robin"}, {"start": "00:16:58", "end": "00:17:02", "text": "Hood is good for ETH.\" We say not"}, {"start": "00:17:00", "end": "00:17:04", "text": "really. I mean it's there's very little"}, {"start": "00:17:02", "end": "00:17:05", "text": "connection between success of Robin Hood"}, {"start": "00:17:04", "end": "00:17:08", "text": "and success of ETH. There's very little"}, {"start": "00:17:05", "end": "00:17:11", "text": "connection. But when it comes to the"}, {"start": "00:17:08", "end": "00:17:14", "text": "revenue for Robin Hood, it is massive."}, {"start": "00:17:11", "end": "00:17:16", "text": "Let me see if I can find this tweet. Uh"}, {"start": "00:17:14", "end": "00:17:19", "text": "we're I mean we're talking hundreds of"}, {"start": "00:17:16", "end": "00:17:21", "text": "millions and uh you pay like nothing"}, {"start": "00:17:19", "end": "00:17:23", "text": "here. Here here it is. Robin Hood chain"}, {"start": "00:17:21", "end": "00:17:27", "text": "making two million a day and paying like"}, {"start": "00:17:23", "end": "00:17:29", "text": "$15,000 for DA fees. And this is uh"}, {"start": "00:17:27", "end": "00:17:31", "text": "who's like to arbitum potentially to"}, {"start": "00:17:29", "end": "00:17:33", "text": "ETH. I mean this is the problem. You can"}, {"start": "00:17:31", "end": "00:17:36", "text": "open up a lemonade stand and you make"}, {"start": "00:17:33", "end": "00:17:37", "text": "more money than ETH is doing with what"}, {"start": "00:17:36", "end": "00:17:39", "text": "Robin Hood is uh is building on top of"}, {"start": "00:17:37", "end": "00:17:41", "text": "it. You understand? It's a big problem."}, {"start": "00:17:39", "end": "00:17:42", "text": "I mean this is where you know people say"}, {"start": "00:17:41", "end": "00:17:44", "text": "oh it's good for I don't know like it's"}, {"start": "00:17:42", "end": "00:17:45", "text": "it's mainly good for Robin Hood. It's"}, {"start": "00:17:44", "end": "00:17:47", "text": "good for Robin Hood and it's good for"}, {"start": "00:17:45", "end": "00:17:49", "text": "stuff like unis swap and good for stuff"}, {"start": "00:17:47", "end": "00:17:52", "text": "like morpho and stuff like that. all of"}, {"start": "00:17:49", "end": "00:17:54", "text": "these different uh protocols that are"}, {"start": "00:17:52", "end": "00:17:56", "text": "building on top of Robin Hood and"}, {"start": "00:17:54", "end": "00:18:00", "text": "they're gaining revenue and that revenue"}, {"start": "00:17:56", "end": "00:18:03", "text": "can be deployed into the token. So uh"}, {"start": "00:18:00", "end": "00:18:06", "text": "when you look at this equation uh ETH"}, {"start": "00:18:03", "end": "00:18:07", "text": "would be the I would say incorrect"}, {"start": "00:18:06", "end": "00:18:10", "text": "choice here. If you want to ride Robin"}, {"start": "00:18:07", "end": "00:18:12", "text": "Hood and you buy ETH, you will not ride"}, {"start": "00:18:10", "end": "00:18:14", "text": "you will not ride uh Robin Hood with"}, {"start": "00:18:12", "end": "00:18:16", "text": "ETH. I don't think so. I mean you also"}, {"start": "00:18:14", "end": "00:18:18", "text": "look at the numbers they make 2 million"}, {"start": "00:18:16", "end": "00:18:22", "text": "per day. they pay like 15k for both"}, {"start": "00:18:18", "end": "00:18:24", "text": "arbitum and uh and ETH both fees. So"}, {"start": "00:18:22", "end": "00:18:26", "text": "yeah uh and then 10% to arbit okay so"}, {"start": "00:18:24", "end": "00:18:27", "text": "arbitum is a bit bigger let let me"}, {"start": "00:18:26", "end": "00:18:30", "text": "double check this how much they actually"}, {"start": "00:18:27", "end": "00:18:33", "text": "pay for Ethan to arbitum because if we"}, {"start": "00:18:30", "end": "00:18:35", "text": "go to uh let's see which website there's"}, {"start": "00:18:33", "end": "00:18:37", "text": "terminal like you know coin terminal is"}, {"start": "00:18:35", "end": "00:18:39", "text": "that is that the website token terminal"}, {"start": "00:18:37", "end": "00:18:41", "text": "in token terminal we can see exact exact"}, {"start": "00:18:39", "end": "00:18:43", "text": "exact what's happening how much they pay"}, {"start": "00:18:41", "end": "00:18:47", "text": "to eat how much they pay to arbitrum uh"}, {"start": "00:18:43", "end": "00:18:49", "text": "and the rest the rest is for Robin Hood"}, {"start": "00:18:47", "end": "00:18:51", "text": "company and uh you understand that yeah"}, {"start": "00:18:49", "end": "00:18:53", "text": "Robin Hood shareholders they may not"}, {"start": "00:18:51", "end": "00:18:55", "text": "really get it yet. The suits may not"}, {"start": "00:18:53", "end": "00:18:57", "text": "really get it yet. That's why Robin Hood"}, {"start": "00:18:55", "end": "00:18:59", "text": "stock may be a bit mispriced based on"}, {"start": "00:18:57", "end": "00:19:00", "text": "the recent days. You understand? Like"}, {"start": "00:18:59", "end": "00:19:03", "text": "all of this explosion in Robin Hood, it"}, {"start": "00:19:00", "end": "00:19:06", "text": "happened in the recent days. That's why"}, {"start": "00:19:03", "end": "00:19:08", "text": "in the are too slow. I mean for them to"}, {"start": "00:19:06", "end": "00:19:12", "text": "understand that they're too slow. Let's"}, {"start": "00:19:08", "end": "00:19:16", "text": "see here the financial statement for"}, {"start": "00:19:12", "end": "00:19:21", "text": "for uh uh Robin Hood chain. So you have"}, {"start": "00:19:16", "end": "00:19:25", "text": "fees 3.8 million. Okay. uh revenue"}, {"start": "00:19:21", "end": "00:19:27", "text": "expenses expenses so how we see the"}, {"start": "00:19:25", "end": "00:19:30", "text": "exact breakdown"}, {"start": "00:19:27", "end": "00:19:33", "text": "like 10% is expense most of it goes to"}, {"start": "00:19:30", "end": "00:19:36", "text": "orbitum and arbitum coin does not pump"}, {"start": "00:19:33", "end": "00:19:39", "text": "so it doesn't help anyone basically and"}, {"start": "00:19:36", "end": "00:19:40", "text": "uh let me see if we go to weekly I need"}, {"start": "00:19:39", "end": "00:19:42", "text": "to sign in okay let me sign in let me"}, {"start": "00:19:40", "end": "00:19:46", "text": "sign in because I remember we did see"}, {"start": "00:19:42", "end": "00:19:48", "text": "before exactly where is going ah I need"}, {"start": "00:19:46", "end": "00:19:50", "text": "to sect bicycle here's a bicycle here is"}, {"start": "00:19:48", "end": "00:19:53", "text": "a bic just let me log in let me log"}, {"start": "00:19:50", "end": "00:19:54", "text": "Let me log in, bro. Uh, the conclusion,"}, {"start": "00:19:53", "end": "00:19:56", "text": "guys, I don't want to bore you too much"}, {"start": "00:19:54", "end": "00:19:58", "text": "with this login procedure. The"}, {"start": "00:19:56", "end": "00:20:01", "text": "conclusion is that having exposure to"}, {"start": "00:19:58", "end": "00:20:03", "text": "Robin Hood chain is Robin Hood stock and"}, {"start": "00:20:01", "end": "00:20:06", "text": "all of the different coins we just"}, {"start": "00:20:03", "end": "00:20:07", "text": "discussed. You can build a a basket of"}, {"start": "00:20:06", "end": "00:20:10", "text": "it. You can build a basket of it. And"}, {"start": "00:20:07", "end": "00:20:12", "text": "basically, the last few days have"}, {"start": "00:20:10", "end": "00:20:14", "text": "shifted me personally even more bullish"}, {"start": "00:20:12", "end": "00:20:16", "text": "Robin Hood. Why? Because you see the"}, {"start": "00:20:14", "end": "00:20:17", "text": "death of the volume and then return."}, {"start": "00:20:16", "end": "00:20:19", "text": "basically them proving themselves that"}, {"start": "00:20:17", "end": "00:20:21", "text": "they it's not just you know flash in the"}, {"start": "00:20:19", "end": "00:20:23", "text": "pan and then no one cares here you have"}, {"start": "00:20:21", "end": "00:20:26", "text": "stickiness and when we see stickiness we"}, {"start": "00:20:23", "end": "00:20:28", "text": "like stickiness and uh bitcoin is still"}, {"start": "00:20:26", "end": "00:20:30", "text": "bear trend this whole this whole"}, {"start": "00:20:28", "end": "00:20:32", "text": "ecosystem is super super early we're"}, {"start": "00:20:30", "end": "00:20:34", "text": "just like literally not even a week into"}, {"start": "00:20:32", "end": "00:20:37", "text": "the into the growth of it uh and that's"}, {"start": "00:20:34", "end": "00:20:40", "text": "very important and also look here the"}, {"start": "00:20:37", "end": "00:20:42", "text": "revenue all of the Robin Hood apps they"}, {"start": "00:20:40", "end": "00:20:44", "text": "have revenue not only is Robin Hood a"}, {"start": "00:20:42", "end": "00:20:46", "text": "lot of transactions a lot of users but"}, {"start": "00:20:44", "end": "00:20:49", "text": "you have revenue it's very important You"}, {"start": "00:20:46", "end": "00:20:53", "text": "look at pawns 1 million per day revenue."}, {"start": "00:20:49", "end": "00:20:55", "text": "Okay. Um and uh you look at the"}, {"start": "00:20:53", "end": "00:20:56", "text": "understanding of the suits because a lot"}, {"start": "00:20:55", "end": "00:20:58", "text": "of money in the next bull market is"}, {"start": "00:20:56", "end": "00:21:01", "text": "coming from the suits. Uh it's going to"}, {"start": "00:20:58", "end": "00:21:04", "text": "be them putting money into protocols"}, {"start": "00:21:01", "end": "00:21:06", "text": "that then either pay dividend or pump"}, {"start": "00:21:04", "end": "00:21:07", "text": "the coin. So hyperlid pump fund chaining"}, {"start": "00:21:06", "end": "00:21:09", "text": "sky. You see they're speaking about all"}, {"start": "00:21:07", "end": "00:21:11", "text": "these different u projects. This isn't"}, {"start": "00:21:09", "end": "00:21:14", "text": "financial times like actual paper"}, {"start": "00:21:11", "end": "00:21:17", "text": "printed the newspaper okay that that the"}, {"start": "00:21:14", "end": "00:21:20", "text": "big suits are reading so paper printed"}, {"start": "00:21:17", "end": "00:21:23", "text": "newspaper is writing about all of them"}, {"start": "00:21:20", "end": "00:21:25", "text": "and uh yeah the the undiscovered ones"}, {"start": "00:21:23", "end": "00:21:27", "text": "are those for example on Robinson chain"}, {"start": "00:21:25", "end": "00:21:29", "text": "let's see uh how orbitum is doing"}, {"start": "00:21:27", "end": "00:21:32", "text": "because orbitum should I mean"}, {"start": "00:21:29", "end": "00:21:34", "text": "theoretically they should get also nice"}, {"start": "00:21:32", "end": "00:21:38", "text": "moves from this and yes indeed look here"}, {"start": "00:21:34", "end": "00:21:40", "text": "if if orbitum here closes bullish uh"}, {"start": "00:21:38", "end": "00:21:44", "text": "it's a trend. If we can close the week"}, {"start": "00:21:40", "end": "00:21:46", "text": "on orbitum bullish, it's a new trend and"}, {"start": "00:21:44", "end": "00:21:49", "text": "uh we're bullish or arbitrum. We're"}, {"start": "00:21:46", "end": "00:21:53", "text": "bullish orbitum if they close bullish"}, {"start": "00:21:49", "end": "00:21:55", "text": "here. Uh and uh this is the high that"}, {"start": "00:21:53", "end": "00:21:56", "text": "they need to take out high from May."}, {"start": "00:21:55", "end": "00:21:59", "text": "Should they take it out also and close"}, {"start": "00:21:56", "end": "00:22:02", "text": "bullish? Let's go. Then we can look at a"}, {"start": "00:21:59", "end": "00:22:04", "text": "nice trade here for orbit room. I mean"}, {"start": "00:22:02", "end": "00:22:07", "text": "number one back to this resistance 35%"}, {"start": "00:22:04", "end": "00:22:09", "text": "then number two uh to this resistance"}, {"start": "00:22:07", "end": "00:22:12", "text": "100%. So you see how much opportunities"}, {"start": "00:22:09", "end": "00:22:15", "text": "there are in this uh in this market."}, {"start": "00:22:12", "end": "00:22:16", "text": "Most coins are just now flipping"}, {"start": "00:22:15", "end": "00:22:18", "text": "bullish. Most of them are just now"}, {"start": "00:22:16", "end": "00:22:20", "text": "flipping bullish. And if you are in"}, {"start": "00:22:18", "end": "00:22:21", "text": "bulmania, of course, you see it in real"}, {"start": "00:22:20", "end": "00:22:23", "text": "time. UniS swap, you already saw it"}, {"start": "00:22:21", "end": "00:22:24", "text": "weeks and weeks and weeks ago. Now"}, {"start": "00:22:23", "end": "00:22:25", "text": "people are waking up to unis swap. It"}, {"start": "00:22:24", "end": "00:22:28", "text": "was already bullish for weeks and weeks"}, {"start": "00:22:25", "end": "00:22:30", "text": "and weeks on the money line. That's why"}, {"start": "00:22:28", "end": "00:22:33", "text": "you go to the newsletter first link of"}, {"start": "00:22:30", "end": "00:22:34", "text": "description. Sign up on the newsletter"}, {"start": "00:22:33", "end": "00:22:37", "text": "fully free. I will be updating you"}, {"start": "00:22:34", "end": "00:22:39", "text": "approximately once a week. And when"}, {"start": "00:22:37", "end": "00:22:41", "text": "there are new spots for Bulbania, we're"}, {"start": "00:22:39", "end": "00:22:43", "text": "going to let you know. Uh we just sent"}, {"start": "00:22:41", "end": "00:22:47", "text": "out a few hours ago new spots to all"}, {"start": "00:22:43", "end": "00:22:48", "text": "newsletter uh members. And uh yeah,"}, {"start": "00:22:47", "end": "00:22:51", "text": "let's see when we send out the next one."}, {"start": "00:22:48", "end": "00:22:54", "text": "U because we we keep it tight because"}, {"start": "00:22:51", "end": "00:22:56", "text": "all members get oneonone support and so"}, {"start": "00:22:54", "end": "00:22:58", "text": "forth. So it's limited amount of spots."}, {"start": "00:22:56", "end": "00:23:01", "text": "Uh yeah, so that's with Robin Hood"}, {"start": "00:22:58", "end": "00:23:04", "text": "chain. keep an eye. Um, and the big"}, {"start": "00:23:01", "end": "00:23:05", "text": "shout out to Pon to Small Pee who's not"}, {"start": "00:23:04", "end": "00:23:08", "text": "only doing the cinematics also"}, {"start": "00:23:05", "end": "00:23:11", "text": "commenting and explaining the liquidity"}, {"start": "00:23:08", "end": "00:23:14", "text": "in pawns. There you go. Oh, another"}, {"start": "00:23:11", "end": "00:23:17", "text": "thing looking at the DeFi summer. You"}, {"start": "00:23:14", "end": "00:23:19", "text": "guys remember DeFi summer from 2020?"}, {"start": "00:23:17", "end": "00:23:23", "text": "Potentially a bit of DeFi summer here as"}, {"start": "00:23:19", "end": "00:23:25", "text": "well with the with the Robin Hood season"}, {"start": "00:23:23", "end": "00:23:27", "text": "as well. So if we look at the different"}, {"start": "00:23:25", "end": "00:23:29", "text": "protocols"}, {"start": "00:23:27", "end": "00:23:32", "text": "uh you have this is more for the dig"}, {"start": "00:23:29", "end": "00:23:34", "text": "ones I mean you have this you know APR"}, {"start": "00:23:32", "end": "00:23:37", "text": "900% this is you know APR right now this"}, {"start": "00:23:34", "end": "00:23:40", "text": "can change this can go to zero fast so"}, {"start": "00:23:37", "end": "00:23:42", "text": "yeah keep an eye here uh if we go to"}, {"start": "00:23:40", "end": "00:23:44", "text": "let's see"}, {"start": "00:23:42", "end": "00:23:46", "text": "Robin let's let's see Robin Hood what's"}, {"start": "00:23:44", "end": "00:23:48", "text": "happening"}, {"start": "00:23:46", "end": "00:23:50", "text": "if we go to Robin Hood you have this"}, {"start": "00:23:48", "end": "00:23:55", "text": "ones"}, {"start": "00:23:50", "end": "00:23:56", "text": "if you see overall uni ripe Yeah. Uh you"}, {"start": "00:23:55", "end": "00:24:01", "text": "can check it out more more but there is"}, {"start": "00:23:56", "end": "00:24:03", "text": "more and more buzz on Twitter that there"}, {"start": "00:24:01", "end": "00:24:05", "text": "is yield opportunities."}, {"start": "00:24:03", "end": "00:24:07", "text": "Personally I I mean I don't like yield"}, {"start": "00:24:05", "end": "00:24:09", "text": "opportunity."}, {"start": "00:24:07", "end": "00:24:11", "text": "I'm not a fan of yield opportunity. I"}, {"start": "00:24:09", "end": "00:24:13", "text": "like trading but I know many people"}, {"start": "00:24:11", "end": "00:24:16", "text": "watching this maybe like it. Um you know"}, {"start": "00:24:13", "end": "00:24:18", "text": "yield you you put money it's gone. But"}, {"start": "00:24:16", "end": "00:24:20", "text": "uh also I'm I'm not interested in yield"}, {"start": "00:24:18", "end": "00:24:22", "text": "so much especially this you know defy"}, {"start": "00:24:20", "end": "00:24:26", "text": "summer pon it's ponzomic basically. But"}, {"start": "00:24:22", "end": "00:24:27", "text": "let me ask here, Bulmania AI, I'm seeing"}, {"start": "00:24:26", "end": "00:24:31", "text": "more"}, {"start": "00:24:27", "end": "00:24:35", "text": "and more buzz online about you know D5"}, {"start": "00:24:31", "end": "00:24:38", "text": "summer and yield"}, {"start": "00:24:35", "end": "00:24:40", "text": "again. What do you think? Because also I"}, {"start": "00:24:38", "end": "00:24:42", "text": "mean I remember what interested me in"}, {"start": "00:24:40", "end": "00:24:44", "text": "DeFi summer was not necessarily the"}, {"start": "00:24:42", "end": "00:24:46", "text": "yield because I never like you know"}, {"start": "00:24:44", "end": "00:24:48", "text": "yield is know you you put money you get"}, {"start": "00:24:46", "end": "00:24:49", "text": "percent. The only yield I like guys it"}, {"start": "00:24:48", "end": "00:24:51", "text": "is from Donald Trump and Scott Besson"}, {"start": "00:24:49", "end": "00:24:53", "text": "treasury yield. It will not make you"}, {"start": "00:24:51", "end": "00:24:55", "text": "rich obviously but it's you know it's"}, {"start": "00:24:53", "end": "00:24:58", "text": "yield from US government treasury 5% per"}, {"start": "00:24:55", "end": "00:25:00", "text": "year good good you know it takes care of"}, {"start": "00:24:58", "end": "00:25:02", "text": "my living expense we can fly private we"}, {"start": "00:25:00", "end": "00:25:04", "text": "can do anything and I that yield I like"}, {"start": "00:25:02", "end": "00:25:06", "text": "that yield I like everything else I"}, {"start": "00:25:04", "end": "00:25:08", "text": "would rather trade so for example let's"}, {"start": "00:25:06", "end": "00:25:11", "text": "say there is a explosion in yield"}, {"start": "00:25:08", "end": "00:25:13", "text": "opportunities in most cases is connected"}, {"start": "00:25:11", "end": "00:25:16", "text": "to some kind of coin you guys remember"}, {"start": "00:25:13", "end": "00:25:19", "text": "in defi summer what coins did we have we"}, {"start": "00:25:16", "end": "00:25:22", "text": "have uh pickles"}, {"start": "00:25:19", "end": "00:25:25", "text": "yummy yams the sweet sweet yummy yams"}, {"start": "00:25:22", "end": "00:25:27", "text": "that all went to zero very fast and uh"}, {"start": "00:25:25", "end": "00:25:29", "text": "all kinds of other ones that pumped"}, {"start": "00:25:27", "end": "00:25:32", "text": "temporarily at least and went to zero."}, {"start": "00:25:29", "end": "00:25:36", "text": "So let's see here what bullmania AI"}, {"start": "00:25:32", "end": "00:25:40", "text": "tells us on on this topic about the D5"}, {"start": "00:25:36", "end": "00:25:42", "text": "summer. So u the post you link from Vat"}, {"start": "00:25:40", "end": "00:25:43", "text": "Zero is the spark that lit up classic"}, {"start": "00:25:42", "end": "00:25:46", "text": "yield tool king is back. Let's do it"}, {"start": "00:25:43", "end": "00:25:49", "text": "again. Robin chain page for ripe farms."}, {"start": "00:25:46", "end": "00:25:50", "text": "So yeah, I mean ripe farms are see this"}, {"start": "00:25:49", "end": "00:25:54", "text": "is where Bulman AI is so nice. Tell me"}, {"start": "00:25:50", "end": "00:25:57", "text": "more. Tell me more about is anyone here"}, {"start": "00:25:54", "end": "00:26:01", "text": "using ripe farms?"}, {"start": "00:25:57", "end": "00:26:03", "text": "Uh so what's happening? Uh you're not"}, {"start": "00:26:01", "end": "00:26:06", "text": "imagining bus crypto is full on calling"}, {"start": "00:26:03", "end": "00:26:09", "text": "this DeFi summer 2.0 and is concentrated"}, {"start": "00:26:06", "end": "00:26:13", "text": "on Robin Hood chain. Okay. And new"}, {"start": "00:26:09", "end": "00:26:16", "text": "Ethereum new Ethereum L2. We know that."}, {"start": "00:26:13", "end": "00:26:19", "text": "Um so uh people are posting four and"}, {"start": "00:26:16", "end": "00:26:23", "text": "five digit yields from LP pairing memes"}, {"start": "00:26:19", "end": "00:26:26", "text": "with tokenized stocks and"}, {"start": "00:26:23", "end": "00:26:28", "text": "here basically guys"}, {"start": "00:26:26", "end": "00:26:31", "text": "in my head"}, {"start": "00:26:28", "end": "00:26:34", "text": "it makes sense. It I I now see the light"}, {"start": "00:26:31", "end": "00:26:36", "text": "with Robin Hood in in my in my head it"}, {"start": "00:26:34", "end": "00:26:36", "text": "makes sense."}, {"start": "00:26:36", "end": "00:26:40", "text": "We should Trump guys should Trump pump"}, {"start": "00:26:39", "end": "00:26:42", "text": "this keep pumping the stock market you"}, {"start": "00:26:40", "end": "00:26:43", "text": "understand that all of these memes"}, {"start": "00:26:42", "end": "00:26:44", "text": "they're going to be flying so so high"}, {"start": "00:26:43", "end": "00:26:46", "text": "and it's time to be bullish you know"}, {"start": "00:26:44", "end": "00:26:49", "text": "Trump it's they're printing it's it's"}, {"start": "00:26:46", "end": "00:26:52", "text": "time to be bullish overall so if I"}, {"start": "00:26:49", "end": "00:26:56", "text": "release my inner bullard for the stocks"}, {"start": "00:26:52", "end": "00:26:58", "text": "stocks pumping memes pumping"}, {"start": "00:26:56", "end": "00:27:00", "text": "unis swap getting all revenue you"}, {"start": "00:26:58", "end": "00:27:03", "text": "understand unis swap unis swap getting"}, {"start": "00:27:00", "end": "00:27:05", "text": "all revenue uh from it all all of these"}, {"start": "00:27:03", "end": "00:27:10", "text": "pawns they're also ing revenue from it."}, {"start": "00:27:05", "end": "00:27:12", "text": "So stock pump pumps your digent crap"}, {"start": "00:27:10", "end": "00:27:13", "text": "here with the pawns and you you"}, {"start": "00:27:12", "end": "00:27:18", "text": "understand you understand it's like goes"}, {"start": "00:27:13", "end": "00:27:20", "text": "hand in hand. You marry the interest of"}, {"start": "00:27:18", "end": "00:27:22", "text": "the boomer with the interest of the"}, {"start": "00:27:20", "end": "00:27:25", "text": "division. The interest of the sud boomer"}, {"start": "00:27:22", "end": "00:27:27", "text": "is that S&P 500 goes up. Trump is here"}, {"start": "00:27:25", "end": "00:27:30", "text": "to deliver on that. That your 401k and"}, {"start": "00:27:27", "end": "00:27:32", "text": "everything goes up and Robin Hood chain"}, {"start": "00:27:30", "end": "00:27:35", "text": "marries it with the interest of the"}, {"start": "00:27:32", "end": "00:27:38", "text": "division. So your shitcoin goes up and"}, {"start": "00:27:35", "end": "00:27:40", "text": "now it's in liquidity pool is the same"}, {"start": "00:27:38", "end": "00:27:43", "text": "liquidity pool and we go Valhalla and"}, {"start": "00:27:40", "end": "00:27:46", "text": "unis swap getting revenue from that. uh"}, {"start": "00:27:43", "end": "00:27:48", "text": "boomers write in their paper newspaper"}, {"start": "00:27:46", "end": "00:27:49", "text": "in the actual paper newspaper that we"}, {"start": "00:27:48", "end": "00:27:52", "text": "saw that oh look at all of the revenue"}, {"start": "00:27:49", "end": "00:27:54", "text": "oh it's revenue clarity act is in SEC is"}, {"start": "00:27:52", "end": "00:27:56", "text": "saying that yeah it's okay to rev share"}, {"start": "00:27:54", "end": "00:27:58", "text": "there's no don't worry no one no one"}, {"start": "00:27:56", "end": "00:28:01", "text": "worries about being a security so all"}, {"start": "00:27:58", "end": "00:28:04", "text": "the revshare is happening and pumps"}, {"start": "00:28:01", "end": "00:28:07", "text": "everything it pumps everything so the"}, {"start": "00:28:04", "end": "00:28:10", "text": "Robin Hood thesis in my brain is pretty"}, {"start": "00:28:07", "end": "00:28:12", "text": "clear uh that's why we we have such a"}, {"start": "00:28:10", "end": "00:28:15", "text": "big chunk of the stream on um on this"}, {"start": "00:28:12", "end": "00:28:17", "text": "topic. So uh yeah it's I think now end"}, {"start": "00:28:15", "end": "00:28:20", "text": "to end it makes sense to me end to end"}, {"start": "00:28:17", "end": "00:28:21", "text": "you know sometimes yeah some things were"}, {"start": "00:28:20", "end": "00:28:23", "text": "kind of makes sense kind of not but"}, {"start": "00:28:21", "end": "00:28:25", "text": "sometimes it's end to end. So here to me"}, {"start": "00:28:23", "end": "00:28:27", "text": "at least in my brain it is more or less"}, {"start": "00:28:25", "end": "00:28:29", "text": "end to end how the interest of there's a"}, {"start": "00:28:27", "end": "00:28:31", "text": "whole thesis here interest of the boomer"}, {"start": "00:28:29", "end": "00:28:33", "text": "interest of the dig revenue created from"}, {"start": "00:28:31", "end": "00:28:35", "text": "that into the into these coins we"}, {"start": "00:28:33", "end": "00:28:38", "text": "discussed and we all go high bitcoin"}, {"start": "00:28:35", "end": "00:28:40", "text": "goes bull trend I mean it's you know"}, {"start": "00:28:38", "end": "00:28:42", "text": "guys it's a bull market bull market but"}, {"start": "00:28:40", "end": "00:28:44", "text": "what bart man what people ask me what"}, {"start": "00:28:42", "end": "00:28:48", "text": "about the bart what about the bart what"}, {"start": "00:28:44", "end": "00:28:48", "text": "you speak which bart man which bart"}, {"start": "00:28:48", "end": "00:28:54", "text": "which bart you speak about where is the"}, {"start": "00:28:51", "end": "00:28:56", "text": "bart Even if Bart happens, still be"}, {"start": "00:28:54", "end": "00:28:58", "text": "bullish. Even if we see a temporary"}, {"start": "00:28:56", "end": "00:29:00", "text": "pump, still be bullish. Even if we see a"}, {"start": "00:28:58", "end": "00:29:01", "text": "bit of down, still be bullish. And"}, {"start": "00:29:00", "end": "00:29:02", "text": "especially if you are in Bulman, you"}, {"start": "00:29:01", "end": "00:29:05", "text": "have mechanical rule, you know, when"}, {"start": "00:29:02", "end": "00:29:08", "text": "things bull bear, you set stop loss."}, {"start": "00:29:05", "end": "00:29:11", "text": "Fantastic. Fantastic. Up only. So, let's"}, {"start": "00:29:08", "end": "00:29:13", "text": "do it again. Uh, welcome back farmers."}, {"start": "00:29:11", "end": "00:29:16", "text": "You know, farmers coming back. You guys"}, {"start": "00:29:13", "end": "00:29:18", "text": "remember those videos from farming? Um,"}, {"start": "00:29:16", "end": "00:29:20", "text": "nonsense of truly defi summer. We just"}, {"start": "00:29:18", "end": "00:29:23", "text": "read that. Uh, same energy, better"}, {"start": "00:29:20", "end": "00:29:26", "text": "assets. See, in the in the last DeFi"}, {"start": "00:29:23", "end": "00:29:29", "text": "summer, what did we have? We had mainly,"}, {"start": "00:29:26", "end": "00:29:31", "text": "you know, made up Ponzies with yummy yam"}, {"start": "00:29:29", "end": "00:29:33", "text": "and pickle and everything. You create a"}, {"start": "00:29:31", "end": "00:29:35", "text": "coin, coin pumps, and then you can lock"}, {"start": "00:29:33", "end": "00:29:37", "text": "up your coin to get another coin and"}, {"start": "00:29:35", "end": "00:29:39", "text": "maybe it's going to pump here. It's also"}, {"start": "00:29:37", "end": "00:29:44", "text": "connected like this ponzomics that we"}, {"start": "00:29:39", "end": "00:29:46", "text": "have now is also connected to um to like"}, {"start": "00:29:44", "end": "00:29:48", "text": "real business, okay, with the with the"}, {"start": "00:29:46", "end": "00:29:50", "text": "stocks with the a growth, okay? So, this"}, {"start": "00:29:48", "end": "00:29:52", "text": "ponzomic may even survive a bit more."}, {"start": "00:29:50", "end": "00:29:53", "text": "But all these guys with a Ponzi be"}, {"start": "00:29:52", "end": "00:29:56", "text": "careful. Be careful. You understand?"}, {"start": "00:29:53", "end": "00:29:58", "text": "Yeah, you need to be careful because uh"}, {"start": "00:29:56", "end": "00:30:00", "text": "it's way better. Here's the problem with"}, {"start": "00:29:58", "end": "00:30:02", "text": "with the uh ponzomic."}, {"start": "00:30:00", "end": "00:30:04", "text": "How do you set stop loss? How do you get"}, {"start": "00:30:02", "end": "00:30:06", "text": "out of it? I mean, if the thing gets"}, {"start": "00:30:04", "end": "00:30:07", "text": "hacked or whatever, you have to be very"}, {"start": "00:30:06", "end": "00:30:09", "text": "So that's why personally I like trading"}, {"start": "00:30:07", "end": "00:30:11", "text": "more because I have more control. Just"}, {"start": "00:30:09", "end": "00:30:16", "text": "like, you know, in this video we made,"}, {"start": "00:30:11", "end": "00:30:20", "text": "let me play this video. We we"}, {"start": "00:30:16", "end": "00:30:20", "text": "illustrate this here. Listen to this."}, {"start": "00:30:20", "end": "00:30:25", "text": "Trust me,"}, {"start": "00:30:23", "end": "00:30:27", "text": "this game taught us, guys, when the"}, {"start": "00:30:25", "end": "00:30:29", "text": "offer sounds magical, you are the loot."}, {"start": "00:30:27", "end": "00:30:31", "text": "Exactly. So, you got to be careful,"}, {"start": "00:30:29", "end": "00:30:34", "text": "guys. It's exactly like in Runescape. If"}, {"start": "00:30:31", "end": "00:30:36", "text": "you give your money to someone and it's"}, {"start": "00:30:34", "end": "00:30:38", "text": "crazy high yield, there is risk"}, {"start": "00:30:36", "end": "00:30:41", "text": "involved. You have to be super careful."}, {"start": "00:30:38", "end": "00:30:43", "text": "Ideally, keep to tokens and trade"}, {"start": "00:30:41", "end": "00:30:46", "text": "tokens. Yield,"}, {"start": "00:30:43", "end": "00:30:48", "text": "man. You may wake up one day, it's gone"}, {"start": "00:30:46", "end": "00:30:50", "text": "or not. Maybe you make money, but I like"}, {"start": "00:30:48", "end": "00:30:52", "text": "more control. I like more control. If"}, {"start": "00:30:50", "end": "00:30:53", "text": "something happens, I'm out. Stop loss"}, {"start": "00:30:52", "end": "00:30:54", "text": "boop boop boop boop. Risk calculated."}, {"start": "00:30:53", "end": "00:30:58", "text": "We're out. Mechanical rules the best."}, {"start": "00:30:54", "end": "00:31:00", "text": "Bull mania the best. We're out."}, {"start": "00:30:58", "end": "00:31:02", "text": "Trust me."}, {"start": "00:31:00", "end": "00:31:04", "text": "This game taught us, guys, when the"}, {"start": "00:31:02", "end": "00:31:06", "text": "offer sounds magical, you are the loot."}, {"start": "00:31:04", "end": "00:31:09", "text": "Here, one spell creates more gold."}, {"start": "00:31:06", "end": "00:31:11", "text": "Bitcoin 21 million. No spell can create"}, {"start": "00:31:09", "end": "00:31:13", "text": "another. Entering the market without"}, {"start": "00:31:11", "end": "00:31:16", "text": "rules, that is crossing into PV"}, {"start": "00:31:13", "end": "00:31:18", "text": "completely unprepared. Markets are PvPV."}, {"start": "00:31:16", "end": "00:31:22", "text": "Bull mania. Clear strategies, clear"}, {"start": "00:31:18", "end": "00:31:24", "text": "rules. Protect your stack."}, {"start": "00:31:22", "end": "00:31:26", "text": "Yeah, obviously it's called PvP, but you"}, {"start": "00:31:24", "end": "00:31:27", "text": "know, it's AI, I guess. It's what you"}, {"start": "00:31:26", "end": "00:31:30", "text": "want. Look at the cine. Obviously, it's"}, {"start": "00:31:27", "end": "00:31:32", "text": "PVP, but I don't know. AI is a PvP. I"}, {"start": "00:31:30", "end": "00:31:34", "text": "don't know what it is. It's PvP. Player"}, {"start": "00:31:32", "end": "00:31:36", "text": "versus player. Just like in crypto, it's"}, {"start": "00:31:34", "end": "00:31:38", "text": "also PvP, man. I love it. Let me Let me"}, {"start": "00:31:36", "end": "00:31:40", "text": "watch it again. Some of this cinematics,"}, {"start": "00:31:38", "end": "00:31:41", "text": "guys. It's was it's fantastic."}, {"start": "00:31:40", "end": "00:31:43", "text": "Fantastic."}, {"start": "00:31:41", "end": "00:31:45", "text": ">> Trust me."}, {"start": "00:31:43", "end": "00:31:47", "text": "Oh, that that was your yield farm. That"}, {"start": "00:31:45", "end": "00:31:49", "text": "that was your yield farm."}, {"start": "00:31:47", "end": "00:31:51", "text": ">> Trust me."}, {"start": "00:31:49", "end": "00:31:54", "text": ">> Now, guys, may maybe I'm too paranoid,"}, {"start": "00:31:51", "end": "00:31:55", "text": "but just know from last DeFi summer, I'm"}, {"start": "00:31:54", "end": "00:31:57", "text": "not putting my money in yield farm. I"}, {"start": "00:31:55", "end": "00:31:58", "text": "would rather trade the shitcoin. I said"}, {"start": "00:31:57", "end": "00:32:01", "text": "it already five times, but I really want"}, {"start": "00:31:58", "end": "00:32:02", "text": "to clarify it. Now, I'm not saying you"}, {"start": "00:32:01", "end": "00:32:04", "text": "should not do it. You do you. I'm just"}, {"start": "00:32:02", "end": "00:32:05", "text": "telling you what I'm doing. It's not for"}, {"start": "00:32:04", "end": "00:32:07", "text": "me, but you know, I cannot put my money"}, {"start": "00:32:05", "end": "00:32:09", "text": "everywhere. Maybe it's life-changing for"}, {"start": "00:32:07", "end": "00:32:11", "text": "some people. It can be life changing"}, {"start": "00:32:09", "end": "00:32:13", "text": "that you make money. Losing all your"}, {"start": "00:32:11", "end": "00:32:15", "text": "money is also a bit of life change."}, {"start": "00:32:13", "end": "00:32:17", "text": "Okay."}, {"start": "00:32:15", "end": "00:32:20", "text": "Okay. So my mindset is always if it's"}, {"start": "00:32:17", "end": "00:32:22", "text": "yield the only yield I trust guys it is"}, {"start": "00:32:20", "end": "00:32:25", "text": "Trump Scott Bessent US Treasury any"}, {"start": "00:32:22", "end": "00:32:26", "text": "other yield I don't trust. Okay. But"}, {"start": "00:32:25", "end": "00:32:27", "text": "some people make a lot of money with it"}, {"start": "00:32:26", "end": "00:32:29", "text": "just so you know. So don't come crying"}, {"start": "00:32:27", "end": "00:32:30", "text": "to me if someone makes your neighbor"}, {"start": "00:32:29", "end": "00:32:33", "text": "makes a lot of money and you don't"}, {"start": "00:32:30", "end": "00:32:34", "text": "because you you you you"}, {"start": "00:32:33", "end": "00:32:37", "text": "think it's too dangerous. You know I'm"}, {"start": "00:32:34", "end": "00:32:39", "text": "just telling you what I'm doing."}, {"start": "00:32:37", "end": "00:32:41", "text": ">> Trust me."}, {"start": "00:32:39", "end": "00:32:43", "text": "This game taught us, guys, when the"}, {"start": "00:32:41", "end": "00:32:45", "text": "offer sounds magical, you are the loot."}, {"start": "00:32:43", "end": "00:32:48", "text": "Here, one spell creates more gold."}, {"start": "00:32:45", "end": "00:32:50", "text": "Bitcoin 21 million. No spell can create"}, {"start": "00:32:48", "end": "00:32:52", "text": "another. Entering the market without"}, {"start": "00:32:50", "end": "00:32:55", "text": "rules, that is crossing into PV"}, {"start": "00:32:52", "end": "00:32:57", "text": "completely unprepared. Markets are PV."}, {"start": "00:32:55", "end": "00:33:00", "text": "Bull mania clear strategies, clear"}, {"start": "00:32:57", "end": "00:33:03", "text": "rules. Protect your stack."}, {"start": "00:33:00", "end": "00:33:03", "text": "Fantastic."}, {"start": "00:33:03", "end": "00:33:08", "text": "Exactly. Just like Guzman is saying,"}, {"start": "00:33:05", "end": "00:33:12", "text": "lifech changing yield from 50 million to"}, {"start": "00:33:08", "end": "00:33:14", "text": "$3. It is lifech changing in most cases."}, {"start": "00:33:12", "end": "00:33:16", "text": "Yes. Yes. Okay guys, moving on. Moving"}, {"start": "00:33:14", "end": "00:33:19", "text": "on. Moving on."}, {"start": "00:33:16", "end": "00:33:22", "text": "Uh yeah. So does that. Uh now see guys,"}, {"start": "00:33:19", "end": "00:33:24", "text": "this is where I'm bullish Sana because"}, {"start": "00:33:22", "end": "00:33:27", "text": "it's bull trend. But guys, I I I'm not a"}, {"start": "00:33:24", "end": "00:33:30", "text": "fan of the cop. Okay, so Sana is way"}, {"start": "00:33:27", "end": "00:33:32", "text": "cheaper fee than Robin Hood. But uh you"}, {"start": "00:33:30", "end": "00:33:35", "text": "know people make so much money with the"}, {"start": "00:33:32", "end": "00:33:37", "text": "the shitcoins on Robin Hood that um you"}, {"start": "00:33:35", "end": "00:33:40", "text": "know what you mean? So you're going to"}, {"start": "00:33:37", "end": "00:33:41", "text": "switch to Sana to save like $0.3 from"}, {"start": "00:33:40", "end": "00:33:43", "text": "your transaction fee. It's still low."}, {"start": "00:33:41", "end": "00:33:45", "text": "It's still low. So Sana they just need"}, {"start": "00:33:43", "end": "00:33:46", "text": "to get back the the uh the mojo. I mean"}, {"start": "00:33:45", "end": "00:33:48", "text": "that's the thing. They need to get back"}, {"start": "00:33:46", "end": "00:33:51", "text": "the mojo. Uh I'm bullish Sana because"}, {"start": "00:33:48", "end": "00:33:52", "text": "trend is bullish. That's and also volume"}, {"start": "00:33:51", "end": "00:33:55", "text": "is still the highest volume yada yada"}, {"start": "00:33:52", "end": "00:33:57", "text": "yada. But don't become ETH guys. Uh"}, {"start": "00:33:55", "end": "00:33:58", "text": "Solana guys, don't become like ETH guys"}, {"start": "00:33:57", "end": "00:33:59", "text": "where you just keep crying and crying"}, {"start": "00:33:58", "end": "00:34:02", "text": "that some other chain is taking your"}, {"start": "00:33:59", "end": "00:34:05", "text": "lunch. Uh be better. Get the decisions"}, {"start": "00:34:02", "end": "00:34:07", "text": "back. Make things that pump. Uh go do"}, {"start": "00:34:05", "end": "00:34:08", "text": "stuff. Do stuff. Don't cry. Don't don't"}, {"start": "00:34:07", "end": "00:34:10", "text": "cry to me. Don't say that your fee is"}, {"start": "00:34:08", "end": "00:34:13", "text": "low and Robin Hood is high. I mean, no"}, {"start": "00:34:10", "end": "00:34:15", "text": "one cares. It's 30 cents, man. 30 cents."}, {"start": "00:34:13", "end": "00:34:17", "text": "People making this ponzies now way"}, {"start": "00:34:15", "end": "00:34:20", "text": "higher. You saw the yield is like 900%,"}, {"start": "00:34:17", "end": "00:34:23", "text": "you know. So, yeah. Uh that's that. I I"}, {"start": "00:34:20", "end": "00:34:25", "text": "I have no tolerance for coping. I only"}, {"start": "00:34:23", "end": "00:34:28", "text": "have tolerance for someone coming in"}, {"start": "00:34:25", "end": "00:34:30", "text": "there and uh making stuff. Um Anam also"}, {"start": "00:34:28", "end": "00:34:32", "text": "saying that Robin Hood stock looks good."}, {"start": "00:34:30", "end": "00:34:35", "text": "Um yeah, I mean I told you that already"}, {"start": "00:34:32", "end": "00:34:37", "text": "on June 1st. It was good already on June"}, {"start": "00:34:35", "end": "00:34:41", "text": "1st. So it's very good on since June"}, {"start": "00:34:37", "end": "00:34:44", "text": "1st. Fantastic. Fantastic. Um"}, {"start": "00:34:41", "end": "00:34:47", "text": "quite interesting from Imran from um"}, {"start": "00:34:44", "end": "00:34:49", "text": "from which one? Alliance DA from"}, {"start": "00:34:47", "end": "00:34:51", "text": "Alliance Dow. It's quite interesting to"}, {"start": "00:34:49", "end": "00:34:52", "text": "see two non-crypto companies, Stripe and"}, {"start": "00:34:51", "end": "00:34:55", "text": "Robin Hood, enter the space and position"}, {"start": "00:34:52", "end": "00:34:57", "text": "themselves almost perfectly"}, {"start": "00:34:55", "end": "00:34:59", "text": "uh at two of crypto's most important"}, {"start": "00:34:57", "end": "00:35:03", "text": "intersections at the right timing,"}, {"start": "00:34:59", "end": "00:35:04", "text": "payments and trading. Uh so yeah, it is"}, {"start": "00:35:03", "end": "00:35:06", "text": "quite interesting. So crypton payments"}, {"start": "00:35:04", "end": "00:35:07", "text": "obviously stripe. I don't know what"}, {"start": "00:35:06", "end": "00:35:10", "text": "Stripe is doing by the way with with"}, {"start": "00:35:07", "end": "00:35:12", "text": "their chain. I haven't seen too much but"}, {"start": "00:35:10", "end": "00:35:14", "text": "obviously crypto trading Robin Hood they"}, {"start": "00:35:12", "end": "00:35:16", "text": "cooked they cooked both cos have got"}, {"start": "00:35:14", "end": "00:35:18", "text": "done a flawless job positioning their"}, {"start": "00:35:16", "end": "00:35:21", "text": "companies for the coming era of aentic"}, {"start": "00:35:18", "end": "00:35:23", "text": "finance and tokenization. Yeah, hats off"}, {"start": "00:35:21", "end": "00:35:26", "text": "hats off to Robin Hood chain for u for"}, {"start": "00:35:23", "end": "00:35:29", "text": "playing this and uh um yeah especially"}, {"start": "00:35:26", "end": "00:35:31", "text": "that they had the initial spike in"}, {"start": "00:35:29", "end": "00:35:33", "text": "volume and hype then it died and now"}, {"start": "00:35:31", "end": "00:35:35", "text": "it's back and it went higher. For me"}, {"start": "00:35:33", "end": "00:35:37", "text": "it's a signal. For me it's a signal."}, {"start": "00:35:35", "end": "00:35:40", "text": "Fantastic. Fantastic. Guys, look here."}, {"start": "00:35:37", "end": "00:35:44", "text": "Two years ago, SEC commissioner tried to"}, {"start": "00:35:40", "end": "00:35:46", "text": "kill opensource blockchains. Now the SEC"}, {"start": "00:35:44", "end": "00:35:48", "text": "commissioner is going to be speaking on"}, {"start": "00:35:46", "end": "00:35:51", "text": "Sana conference. We've come very very"}, {"start": "00:35:48", "end": "00:35:53", "text": "far and people are asking Ivan what"}, {"start": "00:35:51", "end": "00:35:57", "text": "happened to Gary Gansler? Where is our"}, {"start": "00:35:53", "end": "00:35:58", "text": "sweet sweet Gary Gansler? Uh well as you"}, {"start": "00:35:57", "end": "00:36:02", "text": "know something happened to him."}, {"start": "00:35:58", "end": "00:36:02", "text": "Something happened to him."}, {"start": "00:36:04", "end": "00:36:10", "text": ">> Bitcoin is a security."}, {"start": "00:36:07", "end": "00:36:12", "text": "You still can't define one."}, {"start": "00:36:10", "end": "00:36:15", "text": ">> I am the SEC."}, {"start": "00:36:12", "end": "00:36:15", "text": ">> Not anymore."}, {"start": "00:36:20", "end": "00:36:27", "text": ">> I am the SEC man. It's brilliant. This"}, {"start": "00:36:23", "end": "00:36:27", "text": "brilliant. It's brilliant."}, {"start": "00:36:29", "end": "00:36:35", "text": ">> Bitcoin is a security."}, {"start": "00:36:32", "end": "00:36:40", "text": ">> You still can't define one."}, {"start": "00:36:35", "end": "00:36:40", "text": "I am the SEC. Not anymore,"}, {"start": "00:36:42", "end": "00:36:45", "text": ">> man. It's brilliant. It's brilliant. Big"}, {"start": "00:36:44", "end": "00:36:48", "text": "shout out to small people like this."}, {"start": "00:36:45", "end": "00:36:51", "text": "Star Star Wars is fantastic. I am the"}, {"start": "00:36:48", "end": "00:36:53", "text": "SEC."}, {"start": "00:36:51", "end": "00:36:56", "text": "Yeah. So, Gary Gensler, no more. We have"}, {"start": "00:36:53", "end": "00:36:59", "text": "the new guy in. Uh, so u that's that"}, {"start": "00:36:56", "end": "00:37:03", "text": "guys before we go to Q&A. Final point on"}, {"start": "00:36:59", "end": "00:37:04", "text": "AI. So Nvidia CEO said that physical AI"}, {"start": "00:37:03", "end": "00:37:07", "text": "could ultimately be 10x larger than"}, {"start": "00:37:04", "end": "00:37:10", "text": "digital AI. And of course you can just"}, {"start": "00:37:07", "end": "00:37:11", "text": "ask Bulmania AI if you have Bulmania"}, {"start": "00:37:10", "end": "00:37:13", "text": "what it means and which stocks are going"}, {"start": "00:37:11", "end": "00:37:15", "text": "to pump. So I just asked you know which"}, {"start": "00:37:13", "end": "00:37:17", "text": "companies would benefit from this and I"}, {"start": "00:37:15", "end": "00:37:19", "text": "linked it the tweet and then I created"}, {"start": "00:37:17", "end": "00:37:22", "text": "this report in Bulmania AI. It's super"}, {"start": "00:37:19", "end": "00:37:24", "text": "simple and it says you have the brains"}, {"start": "00:37:22", "end": "00:37:26", "text": "and then you have the humanoids. So here"}, {"start": "00:37:24", "end": "00:37:28", "text": "for example you have Tesla. Tesla by the"}, {"start": "00:37:26", "end": "00:37:29", "text": "way not doing too well. Let me see"}, {"start": "00:37:28", "end": "00:37:31", "text": "what's happening to it. Uh oh, actually"}, {"start": "00:37:29", "end": "00:37:35", "text": "now it's doing okay. It was yesterday."}, {"start": "00:37:31", "end": "00:37:36", "text": "It fell here from like 370 back to 350."}, {"start": "00:37:35", "end": "00:37:38", "text": "Uh but yeah, still bare trend, but keep"}, {"start": "00:37:36", "end": "00:37:42", "text": "an eye here if Tesla goes bull. Let's"}, {"start": "00:37:38", "end": "00:37:44", "text": "see. S symbotic. Symbotic. What's"}, {"start": "00:37:42", "end": "00:37:47", "text": "happening? Simotic."}, {"start": "00:37:44", "end": "00:37:50", "text": "Uh oh. Okay. Okay. Symbotic you. Okay."}, {"start": "00:37:47", "end": "00:37:52", "text": "Here you could accumulate. It's around"}, {"start": "00:37:50", "end": "00:37:54", "text": "the 200E moving average. If you believe"}, {"start": "00:37:52", "end": "00:37:58", "text": "in it long term, fantastic. Fantastic."}, {"start": "00:37:54", "end": "00:37:59", "text": "It's uh uh Yeah. 200 week moving average"}, {"start": "00:37:58", "end": "00:38:01", "text": "guys. always good. Now it can still go"}, {"start": "00:37:59", "end": "00:38:03", "text": "lower but uh longterm is good. I mean"}, {"start": "00:38:01", "end": "00:38:04", "text": "you see it it went but it but it it"}, {"start": "00:38:03", "end": "00:38:06", "text": "bounced. It still I mean if you"}, {"start": "00:38:04", "end": "00:38:08", "text": "accumulate it here around 200 week is"}, {"start": "00:38:06", "end": "00:38:10", "text": "good. So symbolic it's bad trend. Expect"}, {"start": "00:38:08", "end": "00:38:12", "text": "more downside but um if you accumulate"}, {"start": "00:38:10", "end": "00:38:14", "text": "here around the 200 week moving average"}, {"start": "00:38:12", "end": "00:38:17", "text": "fantastic."}, {"start": "00:38:14", "end": "00:38:19", "text": "Next intuitive surgical surgical robots."}, {"start": "00:38:17", "end": "00:38:22", "text": "Let's see. Yeah I like these companies"}, {"start": "00:38:19", "end": "00:38:24", "text": "that are focused on use case. Uh here it"}, {"start": "00:38:22", "end": "00:38:25", "text": "went below the 200 week. Yeah, here I"}, {"start": "00:38:24", "end": "00:38:27", "text": "would just wait for the bull flip"}, {"start": "00:38:25", "end": "00:38:30", "text": "because the bull flip is going to be"}, {"start": "00:38:27", "end": "00:38:31", "text": "around the 200 week. So, it's gonna flip"}, {"start": "00:38:30", "end": "00:38:33", "text": "bullish and it's going to be below the"}, {"start": "00:38:31", "end": "00:38:34", "text": "200 week. So, you know, yeah, just wait"}, {"start": "00:38:33", "end": "00:38:37", "text": "for that. Don't don't make it too"}, {"start": "00:38:34", "end": "00:38:38", "text": "complex here. U also, you know, we know"}, {"start": "00:38:37", "end": "00:38:42", "text": "nothing about these companies. We're"}, {"start": "00:38:38", "end": "00:38:44", "text": "just uh seeing that seeing the chart and"}, {"start": "00:38:42", "end": "00:38:46", "text": "uh that's why just just trust the bull"}, {"start": "00:38:44", "end": "00:38:48", "text": "flip. If it's bull flip, then suits are"}, {"start": "00:38:46", "end": "00:38:50", "text": "bidding, Wall Street bidding, everyone"}, {"start": "00:38:48", "end": "00:38:52", "text": "is bidding. So, yeah, they did the"}, {"start": "00:38:50", "end": "00:38:54", "text": "research for you, okay? And you can be"}, {"start": "00:38:52", "end": "00:38:56", "text": "bull, you can ride it. That's it. That's"}, {"start": "00:38:54", "end": "00:38:59", "text": "it. That's it. Tesla is the purest"}, {"start": "00:38:56", "end": "00:39:01", "text": "public humanoid bed, but it's super"}, {"start": "00:38:59", "end": "00:39:04", "text": "expensive also symbolic. And also the"}, {"start": "00:39:01", "end": "00:39:06", "text": "problem with Tesla is that if Elon does"}, {"start": "00:39:04", "end": "00:39:09", "text": "not put put it into SpaceX and unite"}, {"start": "00:39:06", "end": "00:39:11", "text": "them, it's not good pumpamental."}, {"start": "00:39:09", "end": "00:39:14", "text": "Tesla you see they lost pump after"}, {"start": "00:39:11", "end": "00:39:16", "text": "SpaceX even before SpaceX because SpaceX"}, {"start": "00:39:14", "end": "00:39:18", "text": "was anticipated because you cannot have"}, {"start": "00:39:16", "end": "00:39:20", "text": "two tickers. Founder needs to have one"}, {"start": "00:39:18", "end": "00:39:23", "text": "ticker. Two ticker it's you spread the"}, {"start": "00:39:20", "end": "00:39:25", "text": "buy pressure, spread the liquidity. So,"}, {"start": "00:39:23", "end": "00:39:26", "text": "Symbotic is already generating revenue"}, {"start": "00:39:25", "end": "00:39:29", "text": "from physical AI in warehouses."}, {"start": "00:39:26", "end": "00:39:31", "text": "Intuitive Surgical is a quiet giant that"}, {"start": "00:39:29", "end": "00:39:32", "text": "has been doing physical AI in operating"}, {"start": "00:39:31", "end": "00:39:35", "text": "rooms for years. So, yeah, you have"}, {"start": "00:39:32", "end": "00:39:38", "text": "Tesla, Symbotic, Intuitive Surgical. Uh,"}, {"start": "00:39:35", "end": "00:39:40", "text": "this guy laid out a clear five name"}, {"start": "00:39:38", "end": "00:39:42", "text": "list. Let's see. You have this"}, {"start": "00:39:40", "end": "00:39:46", "text": "Terterodine owns Universal Robots. Ah,"}, {"start": "00:39:42", "end": "00:39:49", "text": "you have another one. Let's see."}, {"start": "00:39:46", "end": "00:39:50", "text": "O, fantastic. Fantastic. Bull trend went"}, {"start": "00:39:49", "end": "00:39:52", "text": "to alltime high and now it bit a bit"}, {"start": "00:39:50", "end": "00:39:55", "text": "bare. Should it go bull again? Keep an"}, {"start": "00:39:52", "end": "00:39:57", "text": "eye. Uh, largest industrial robot maker"}, {"start": "00:39:55", "end": "00:39:59", "text": "on Earth, Phanuk. Fanuk. Fanuk. Let's"}, {"start": "00:39:57", "end": "00:40:01", "text": "see. Fanuk"}, {"start": "00:39:59", "end": "00:40:02", "text": "Band. Should it go bull? Keep an eye. I"}, {"start": "00:40:01", "end": "00:40:05", "text": "mean, basically add all of them to your"}, {"start": "00:40:02", "end": "00:40:08", "text": "watch list. Um, add all of them to your"}, {"start": "00:40:05", "end": "00:40:09", "text": "watch list. I will actually give you I"}, {"start": "00:40:08", "end": "00:40:11", "text": "how you say I'm going to throw you a"}, {"start": "00:40:09", "end": "00:40:13", "text": "bone guys. The players who are not in"}, {"start": "00:40:11", "end": "00:40:15", "text": "Bulmania, I will just put this link."}, {"start": "00:40:13", "end": "00:40:17", "text": "It's public link. You can see it. Even"}, {"start": "00:40:15", "end": "00:40:20", "text": "if you're not in Bulman, you can see it."}, {"start": "00:40:17", "end": "00:40:23", "text": "I mean because you guys are here want to"}, {"start": "00:40:20", "end": "00:40:25", "text": "give give you some some freebie and uh"}, {"start": "00:40:23", "end": "00:40:26", "text": "this report you can see it you can add"}, {"start": "00:40:25", "end": "00:40:29", "text": "the stuff to your watch list and"}, {"start": "00:40:26", "end": "00:40:31", "text": "fantastic fantastic anyway yeah you can"}, {"start": "00:40:29", "end": "00:40:35", "text": "keep reasoning here and uh that's it"}, {"start": "00:40:31", "end": "00:40:37", "text": "guys let's go to Q&A questions answers"}, {"start": "00:40:35", "end": "00:40:40", "text": "debates let's go and big shout out to"}, {"start": "00:40:37", "end": "00:40:42", "text": "Guzman Guzman is here man I need more"}, {"start": "00:40:40", "end": "00:40:46", "text": "coffee I need more coffee more I need a"}, {"start": "00:40:42", "end": "00:40:49", "text": "humanoid robot to give me coffee where I"}, {"start": "00:40:46", "end": "00:40:51", "text": "Tesla people so excited Tesla human man"}, {"start": "00:40:49", "end": "00:40:55", "text": "you have to make the whole optim just"}, {"start": "00:40:51", "end": "00:40:57", "text": "make me coffee bot coffee bot I I need"}, {"start": "00:40:55", "end": "00:40:59", "text": "coffee you have to make don't make it to"}, {"start": "00:40:57", "end": "00:41:01", "text": "complete make a freaking coffee bot that"}, {"start": "00:40:59", "end": "00:41:04", "text": "just comes with coffee he ensures"}, {"start": "00:41:01", "end": "00:41:08", "text": "there's never empty coffee okay"}, {"start": "00:41:04", "end": "00:41:10", "text": "I have a friend in Dubai he says"}, {"start": "00:41:08", "end": "00:41:15", "text": "he runs a business he says that he has a"}, {"start": "00:41:10", "end": "00:41:17", "text": "a tea boy that he just fills up his tea"}, {"start": "00:41:15", "end": "00:41:19", "text": "in his office there is a tea boy and he"}, {"start": "00:41:17", "end": "00:41:20", "text": "always fills up the tea. So tea is never"}, {"start": "00:41:19", "end": "00:41:22", "text": "empty."}, {"start": "00:41:20", "end": "00:41:25", "text": "This is the kind of stuff you uh we"}, {"start": "00:41:22", "end": "00:41:28", "text": "need. We need we need a butler. We need"}, {"start": "00:41:25", "end": "00:41:30", "text": "AI tea boy. So all the time there is"}, {"start": "00:41:28", "end": "00:41:33", "text": "filled up coffee here. That would be a"}, {"start": "00:41:30", "end": "00:41:37", "text": "very fantastic position for for AI."}, {"start": "00:41:33", "end": "00:41:37", "text": "Okay. Very important."}, {"start": "00:41:39", "end": "00:41:44", "text": "Chai Miller they are called in India. Is"}, {"start": "00:41:41", "end": "00:41:46", "text": "that T boys?"}, {"start": "00:41:44", "end": "00:41:48", "text": "Yeah,"}, {"start": "00:41:46", "end": "00:41:50", "text": "that that should be the first use case."}, {"start": "00:41:48", "end": "00:41:51", "text": "I think if I would be Elon in the"}, {"start": "00:41:50", "end": "00:41:56", "text": "boardroom, I would tell it let's make"}, {"start": "00:41:51", "end": "00:42:00", "text": "let's make T-bot T-bot and coffee bot."}, {"start": "00:41:56", "end": "00:42:02", "text": "Your thoughts on Konagra? It recently"}, {"start": "00:42:00", "end": "00:42:04", "text": "broke trend."}, {"start": "00:42:02", "end": "00:42:05", "text": "Okay. See, I I love I like that you say"}, {"start": "00:42:04", "end": "00:42:07", "text": "that it broke trend. So, you don't ask"}, {"start": "00:42:05", "end": "00:42:11", "text": "me about some crap that is bare trend."}, {"start": "00:42:07", "end": "00:42:11", "text": "And well, let's see. Is it"}, {"start": "00:42:12", "end": "00:42:19", "text": "is this stock Konagra brands?"}, {"start": "00:42:16", "end": "00:42:22", "text": "Let's check the chart. Just looking at"}, {"start": "00:42:19", "end": "00:42:24", "text": "it, it looks good. I this kind of chart"}, {"start": "00:42:22", "end": "00:42:28", "text": "I like."}, {"start": "00:42:24", "end": "00:42:28", "text": "But what they do"}, {"start": "00:42:28", "end": "00:42:33", "text": "mega chicken tenders. See, when you"}, {"start": "00:42:31", "end": "00:42:35", "text": "don't know what what someone is doing,"}, {"start": "00:42:33", "end": "00:42:38", "text": "here's how you how you do it. You go to"}, {"start": "00:42:35", "end": "00:42:39", "text": "scanner.bullmania.com."}, {"start": "00:42:38", "end": "00:42:42", "text": "Okay."}, {"start": "00:42:39", "end": "00:42:45", "text": "Then you go to uh stocks. In this case,"}, {"start": "00:42:42", "end": "00:42:48", "text": "it's stocks. So, we'll go to stocks."}, {"start": "00:42:45", "end": "00:42:53", "text": "Then you find your thing. So, in this"}, {"start": "00:42:48", "end": "00:42:55", "text": "case, was it Kagra? Let's see. Kagra."}, {"start": "00:42:53", "end": "00:43:00", "text": "How you spell it?"}, {"start": "00:42:55", "end": "00:43:00", "text": "Ah, Konagra. Konagra. Sorry. Kagra."}, {"start": "00:43:00", "end": "00:43:06", "text": "There it is. This one. Right. And then"}, {"start": "00:43:02", "end": "00:43:08", "text": "you click your AI. Boop. You click your"}, {"start": "00:43:06", "end": "00:43:10", "text": "AI. Let's see what the hell it's uh is"}, {"start": "00:43:08", "end": "00:43:15", "text": "doing."}, {"start": "00:43:10", "end": "00:43:15", "text": "I want I will be your team. Isaac,"}, {"start": "00:43:15", "end": "00:43:20", "text": "let's go. Isaac"}, {"start": "00:43:18", "end": "00:43:22", "text": "Isaac is ready for the job. Fantastic."}, {"start": "00:43:20", "end": "00:43:25", "text": "Fantastic. Fantastic. Yeah. I mean,"}, {"start": "00:43:22", "end": "00:43:27", "text": "here's the problem. I I I I mean,"}, {"start": "00:43:25", "end": "00:43:30", "text": "personally, you know, to be a tea boy is"}, {"start": "00:43:27", "end": "00:43:33", "text": "not an easy job. It's not an easy job."}, {"start": "00:43:30", "end": "00:43:35", "text": "Uh you see this kind of hospitality jobs"}, {"start": "00:43:33", "end": "00:43:38", "text": "you have to be properly trained because"}, {"start": "00:43:35", "end": "00:43:41", "text": "you see let me tell you guys about the"}, {"start": "00:43:38", "end": "00:43:44", "text": "hospitality because I I know quite quite"}, {"start": "00:43:41", "end": "00:43:47", "text": "a bit about it. So in hospitality at"}, {"start": "00:43:44", "end": "00:43:49", "text": "least how I prefer it the last thing you"}, {"start": "00:43:47", "end": "00:43:51", "text": "want is like a colorful you know a guy"}, {"start": "00:43:49", "end": "00:43:54", "text": "that speaks a lot that you know oh you"}, {"start": "00:43:51", "end": "00:43:56", "text": "know has a lot of personality like it's"}, {"start": "00:43:54", "end": "00:43:58", "text": "not the time and place for that. So, for"}, {"start": "00:43:56", "end": "00:44:00", "text": "example, in hotel, the best hotels, how"}, {"start": "00:43:58", "end": "00:44:02", "text": "is the staff? They're very quiet."}, {"start": "00:44:00", "end": "00:44:04", "text": "They're they try to be basically"}, {"start": "00:44:02", "end": "00:44:06", "text": "invisible. They're they're there to help"}, {"start": "00:44:04", "end": "00:44:07", "text": "you whatever you need, but they're"}, {"start": "00:44:06", "end": "00:44:09", "text": "invisible. They're not, you know,"}, {"start": "00:44:07", "end": "00:44:11", "text": "throwing out jokes, you know, joking"}, {"start": "00:44:09", "end": "00:44:12", "text": "around. I mean, to me at least, that's a"}, {"start": "00:44:11", "end": "00:44:14", "text": "sign of a lowquality service, you know,"}, {"start": "00:44:12", "end": "00:44:16", "text": "that some guy is going to show his"}, {"start": "00:44:14", "end": "00:44:18", "text": "humor. He thinks it's stand up. I just"}, {"start": "00:44:16", "end": "00:44:21", "text": "want to get to my hotel. I don't ideally"}, {"start": "00:44:18", "end": "00:44:24", "text": "I don't want to get too much interaction"}, {"start": "00:44:21", "end": "00:44:27", "text": "here, okay? I'm autistic. I want I want"}, {"start": "00:44:24", "end": "00:44:29", "text": "all hospitality guys to be quiet barely"}, {"start": "00:44:27", "end": "00:44:30", "text": "visible and just do their job and do"}, {"start": "00:44:29", "end": "00:44:32", "text": "everything perfectly and that's it. And"}, {"start": "00:44:30", "end": "00:44:35", "text": "then we get a give a big fat tip if it"}, {"start": "00:44:32", "end": "00:44:38", "text": "is like that. Okay. If hospitality guy"}, {"start": "00:44:35", "end": "00:44:42", "text": "is here joking and speaking"}, {"start": "00:44:38", "end": "00:44:45", "text": "quiet I mean bro"}, {"start": "00:44:42", "end": "00:44:48", "text": "it's not party. I I don't want your"}, {"start": "00:44:45", "end": "00:44:50", "text": "energy in my room. I want my room to be"}, {"start": "00:44:48", "end": "00:44:52", "text": "my room. You understand? As a guest I"}, {"start": "00:44:50", "end": "00:44:54", "text": "want my room to be my room. So tea boy I"}, {"start": "00:44:52", "end": "00:44:57", "text": "can imagine is very similar where you"}, {"start": "00:44:54", "end": "00:44:59", "text": "basically have to be as invisible as"}, {"start": "00:44:57", "end": "00:45:02", "text": "possible. This the the tea is just"}, {"start": "00:44:59", "end": "00:45:04", "text": "coming there like automatically. Okay."}, {"start": "00:45:02", "end": "00:45:06", "text": "It needs to be like that. So it's not"}, {"start": "00:45:04", "end": "00:45:08", "text": "easy job. It's not an easy job you"}, {"start": "00:45:06", "end": "00:45:10", "text": "because uh all of these hospitality"}, {"start": "00:45:08", "end": "00:45:13", "text": "things you know helper assistant in the"}, {"start": "00:45:10", "end": "00:45:15", "text": "in the house is a big problem because of"}, {"start": "00:45:13", "end": "00:45:18", "text": "privacy. You know all people want"}, {"start": "00:45:15", "end": "00:45:20", "text": "privacy. All people want privacy. And so"}, {"start": "00:45:18", "end": "00:45:23", "text": "when you have like helpers around, they"}, {"start": "00:45:20", "end": "00:45:25", "text": "need to be trained in how you have a"}, {"start": "00:45:23", "end": "00:45:27", "text": "nice balance where the person you're"}, {"start": "00:45:25", "end": "00:45:29", "text": "helping still feels privacy, but you're"}, {"start": "00:45:27", "end": "00:45:32", "text": "there helping. Okay. So actually the the"}, {"start": "00:45:29", "end": "00:45:36", "text": "bot may even uh be better for this use"}, {"start": "00:45:32", "end": "00:45:38", "text": "case because uh the bot is okay. It"}, {"start": "00:45:36", "end": "00:45:39", "text": "freaking records me. Sam Alman is going"}, {"start": "00:45:38", "end": "00:45:41", "text": "to watch me through the camera. You"}, {"start": "00:45:39", "end": "00:45:43", "text": "know,"}, {"start": "00:45:41", "end": "00:45:45", "text": "you understand? So it's not easy job."}, {"start": "00:45:43", "end": "00:45:47", "text": "Basically all hospitality is not easy"}, {"start": "00:45:45", "end": "00:45:49", "text": "job. Uh, what's up everyone? Shout out"}, {"start": "00:45:47", "end": "00:45:52", "text": "shout out shout. Fantastic. Fantastic."}, {"start": "00:45:49", "end": "00:45:54", "text": "Big shout be shout out."}, {"start": "00:45:52", "end": "00:45:56", "text": "I'm the perfect sea boy. I never speak"}, {"start": "00:45:54", "end": "00:46:01", "text": "according to my wife says Eric."}, {"start": "00:45:56", "end": "00:46:04", "text": "Exactly. Exactly. Uh, last few live"}, {"start": "00:46:01", "end": "00:46:06", "text": "streams I was on with Ivan."}, {"start": "00:46:04", "end": "00:46:08", "text": "Uh, oh, by the way, I need to watch time"}, {"start": "00:46:06", "end": "00:46:11", "text": "here because in 40 minutes we're going"}, {"start": "00:46:08", "end": "00:46:14", "text": "to go with uh Rob. He's doing some dog"}, {"start": "00:46:11", "end": "00:46:15", "text": "shelter. Uh, I was number one donator."}, {"start": "00:46:14", "end": "00:46:18", "text": "What's up? Today I will I will be number"}, {"start": "00:46:15", "end": "00:46:19", "text": "one donator. There you go. Ah, then you"}, {"start": "00:46:18", "end": "00:46:23", "text": "pump your Okay. Okay. Big shout."}, {"start": "00:46:19", "end": "00:46:23", "text": "Big shout. Big shout."}, {"start": "00:46:23", "end": "00:46:27", "text": "Don't come to Australia. Having a"}, {"start": "00:46:25", "end": "00:46:29", "text": "personality in service is encouraged."}, {"start": "00:46:27", "end": "00:46:31", "text": "That's interesting. That's interesting."}, {"start": "00:46:29", "end": "00:46:34", "text": "Uh I mean that's just my preference. For"}, {"start": "00:46:31", "end": "00:46:36", "text": "example, I go to hotel. I want fast"}, {"start": "00:46:34", "end": "00:46:38", "text": "check in. Fast check in. Everyone"}, {"start": "00:46:36", "end": "00:46:40", "text": "everyone quiet. Just check me in. B."}, {"start": "00:46:38", "end": "00:46:42", "text": "Bring the bikes. B. Get out of here."}, {"start": "00:46:40", "end": "00:46:44", "text": "Okay. That's how I want it. Now I'm the"}, {"start": "00:46:42", "end": "00:46:46", "text": "guest. You know I have my preference."}, {"start": "00:46:44", "end": "00:46:48", "text": "Maybe someone else wants to joke around"}, {"start": "00:46:46", "end": "00:46:50", "text": "and haha but also you know it's my"}, {"start": "00:46:48", "end": "00:46:52", "text": "personality I don't like you know I'm"}, {"start": "00:46:50", "end": "00:46:55", "text": "you know I'm I like sitting in computer"}, {"start": "00:46:52", "end": "00:46:58", "text": "I mean I am in computer I like sitting"}, {"start": "00:46:55", "end": "00:47:00", "text": "in I don't like speaking you know Jo"}, {"start": "00:46:58", "end": "00:47:02", "text": "here with you guys is is you get you get"}, {"start": "00:47:00", "end": "00:47:04", "text": "to see another side of me when I'm in"}, {"start": "00:47:02", "end": "00:47:06", "text": "the hotel man just get me in my room and"}, {"start": "00:47:04", "end": "00:47:12", "text": "don't disturb too much bring me all the"}, {"start": "00:47:06", "end": "00:47:12", "text": "stuff don't disturb okay don't disturb"}, {"start": "00:47:17", "end": "00:47:21", "text": "Do you remember when you got old and"}, {"start": "00:47:20", "end": "00:47:23", "text": "grumpy? He's not old and grumpy. I"}, {"start": "00:47:21", "end": "00:47:24", "text": "didn't think he's old and grumpy. Having"}, {"start": "00:47:23", "end": "00:47:26", "text": "preference, I just tell you what my"}, {"start": "00:47:24", "end": "00:47:27", "text": "preference, you know. I just tell my"}, {"start": "00:47:26", "end": "00:47:31", "text": "preference. So maybe some other guys"}, {"start": "00:47:27", "end": "00:47:34", "text": "wants to hop hop jo"}, {"start": "00:47:31", "end": "00:47:36", "text": "my server needs to be lowkey lowkey."}, {"start": "00:47:34", "end": "00:47:39", "text": "It's not old and grand. I mean with you"}, {"start": "00:47:36", "end": "00:47:41", "text": "guys you get another side with with"}, {"start": "00:47:39", "end": "00:47:44", "text": "hospitality. It's uh Yeah. Anyway, I"}, {"start": "00:47:41", "end": "00:47:47", "text": "have to run now, but happy to pop in and"}, {"start": "00:47:44", "end": "00:47:49", "text": "say in everyone here."}, {"start": "00:47:47", "end": "00:47:51", "text": "Yeah, yeah, yeah, man. If you if you"}, {"start": "00:47:49", "end": "00:47:52", "text": "keep shilling, we cannot read your"}, {"start": "00:47:51", "end": "00:47:55", "text": "stuff. That's the problem. If you keep"}, {"start": "00:47:52", "end": "00:47:59", "text": "chilling, we cannot read your stuff."}, {"start": "00:47:55", "end": "00:48:01", "text": "Uh, I want a mini bot that dries my"}, {"start": "00:47:59", "end": "00:48:04", "text": "hair."}, {"start": "00:48:01", "end": "00:48:06", "text": "Yeah, drying probably is okay with the"}, {"start": "00:48:04", "end": "00:48:09", "text": "scissors with the bot. I'm not sure. I'm"}, {"start": "00:48:06", "end": "00:48:09", "text": "not sure."}, {"start": "00:48:10", "end": "00:48:16", "text": "Euro servers are very ghostlike. I think"}, {"start": "00:48:13", "end": "00:48:19", "text": "it's culture. European you mean? Uh no."}, {"start": "00:48:16", "end": "00:48:21", "text": "No. European servers."}, {"start": "00:48:19", "end": "00:48:23", "text": "Oh"}, {"start": "00:48:21", "end": "00:48:25", "text": "yeah."}, {"start": "00:48:23", "end": "00:48:28", "text": "They're also sometimes a bit lazy."}, {"start": "00:48:25", "end": "00:48:30", "text": "Sometimes a bit lazy. Sometimes um don't"}, {"start": "00:48:28", "end": "00:48:33", "text": "don't Yeah. Sometimes maybe entitled"}, {"start": "00:48:30", "end": "00:48:34", "text": "sometimes you know guys there there is"}, {"start": "00:48:33", "end": "00:48:36", "text": "no better service than Dubai. Like"}, {"start": "00:48:34", "end": "00:48:38", "text": "there's nowhere. There's nowhere"}, {"start": "00:48:36", "end": "00:48:41", "text": "European. I I don't know man. like in"}, {"start": "00:48:38", "end": "00:48:42", "text": "Europe service is not good. It's not"}, {"start": "00:48:41", "end": "00:48:46", "text": "good overall. It's not good. It's not"}, {"start": "00:48:42", "end": "00:48:49", "text": "good. It's not good"}, {"start": "00:48:46", "end": "00:48:52", "text": "overall. I mean there there there is"}, {"start": "00:48:49", "end": "00:48:54", "text": "actually no no better service than"}, {"start": "00:48:52", "end": "00:48:56", "text": "Dubai."}, {"start": "00:48:54", "end": "00:48:58", "text": "There's no that that's why you know you"}, {"start": "00:48:56", "end": "00:49:01", "text": "you"}, {"start": "00:48:58", "end": "00:49:02", "text": "after after going on vacation Dubai you"}, {"start": "00:49:01", "end": "00:49:05", "text": "come other country like man what is what"}, {"start": "00:49:02", "end": "00:49:06", "text": "is this? What is this? What is this? How"}, {"start": "00:49:05", "end": "00:49:11", "text": "is five star? It's not five star. It's"}, {"start": "00:49:06", "end": "00:49:11", "text": "maybe three. How how is this?"}, {"start": "00:49:12", "end": "00:49:16", "text": "You're going to find Australia a bit"}, {"start": "00:49:14", "end": "00:49:17", "text": "challenging. Yeah. May maybe maybe but I"}, {"start": "00:49:16", "end": "00:49:18", "text": "want to go to Australia. Okay. I will"}, {"start": "00:49:17", "end": "00:49:21", "text": "come with the mindset that everyone is"}, {"start": "00:49:18", "end": "00:49:22", "text": "going to be joking and I will if I'm"}, {"start": "00:49:21", "end": "00:49:28", "text": "prepared I'm prepared. I'm prepared. I'm"}, {"start": "00:49:22", "end": "00:49:30", "text": "prepared. You experience French C for"}, {"start": "00:49:28", "end": "00:49:33", "text": "but also you know service in like"}, {"start": "00:49:30", "end": "00:49:36", "text": "Eastern countries Ukraine, Russia is"}, {"start": "00:49:33", "end": "00:49:37", "text": "very good. I don't know how they went"}, {"start": "00:49:36", "end": "00:49:39", "text": "from, you know, in the Soviet times,"}, {"start": "00:49:37", "end": "00:49:40", "text": "service was very bad because you had,"}, {"start": "00:49:39", "end": "00:49:43", "text": "you know, government, everything was"}, {"start": "00:49:40", "end": "00:49:45", "text": "governmentowned. So service is not"}, {"start": "00:49:43", "end": "00:49:47", "text": "needed because they have nowhere to go."}, {"start": "00:49:45", "end": "00:49:48", "text": "It's just one coffee shop that they"}, {"start": "00:49:47", "end": "00:49:50", "text": "built for this village. So there's"}, {"start": "00:49:48", "end": "00:49:53", "text": "nowhere to go. Hospitality, you don't"}, {"start": "00:49:50", "end": "00:49:55", "text": "have to hospitality."}, {"start": "00:49:53", "end": "00:49:57", "text": "Uh"}, {"start": "00:49:55", "end": "00:49:59", "text": "so"}, {"start": "00:49:57", "end": "00:50:01", "text": "yeah. Uh but now now you know Soviet"}, {"start": "00:49:59", "end": "00:50:03", "text": "times were bad. Now service is very"}, {"start": "00:50:01", "end": "00:50:05", "text": "good. That's why you know many people"}, {"start": "00:50:03", "end": "00:50:09", "text": "visiting Europe."}, {"start": "00:50:05", "end": "00:50:09", "text": "What? What is this?"}, {"start": "00:50:10", "end": "00:50:15", "text": "But yeah, different cultures, yada yada."}, {"start": "00:50:12", "end": "00:50:15", "text": "Let's move on."}, {"start": "00:50:17", "end": "00:50:22", "text": "Where do you see ADA once Bitcoin"}, {"start": "00:50:19", "end": "00:50:23", "text": "surpasses 100K?"}, {"start": "00:50:22", "end": "00:50:25", "text": "Oh, let's see guys if Ada has another"}, {"start": "00:50:23", "end": "00:50:27", "text": "cycle in it. Let's see. Let's see. I"}, {"start": "00:50:25", "end": "00:50:30", "text": "mean, you always have the risk of just"}, {"start": "00:50:27", "end": "00:50:31", "text": "going IOTA, you know, like IOTA went"}, {"start": "00:50:30", "end": "00:50:34", "text": "irrelevant and like no one cares about"}, {"start": "00:50:31", "end": "00:50:37", "text": "it. Ada"}, {"start": "00:50:34", "end": "00:50:40", "text": "I mean it's not even bull trend and last"}, {"start": "00:50:37", "end": "00:50:43", "text": "cycle it didn't even get to alltime high"}, {"start": "00:50:40", "end": "00:50:46", "text": "and now it went below the lows from 2022"}, {"start": "00:50:43", "end": "00:50:48", "text": "so it looks very bad guys it looks very"}, {"start": "00:50:46", "end": "00:50:50", "text": "bad it can still recover I mean nothing"}, {"start": "00:50:48", "end": "00:50:53", "text": "is impossible if it goes bullish trend"}, {"start": "00:50:50", "end": "00:50:54", "text": "maybe it can come back to its highs"}, {"start": "00:50:53", "end": "00:50:57", "text": "um"}, {"start": "00:50:54", "end": "00:50:58", "text": "yeah maybe it goes back to above the"}, {"start": "00:50:57", "end": "00:51:01", "text": "previous cycle but I think it's tough"}, {"start": "00:50:58", "end": "00:51:03", "text": "man you you have each and every cycle"}, {"start": "00:51:01", "end": "00:51:05", "text": "ADA plays is with tougher and tougher"}, {"start": "00:51:03", "end": "00:51:07", "text": "competitors."}, {"start": "00:51:05", "end": "00:51:08", "text": "So now you have such tough competition."}, {"start": "00:51:07", "end": "00:51:11", "text": "You have Robin Hood chain, you have"}, {"start": "00:51:08", "end": "00:51:14", "text": "Solana, you have all kinds of stuff. So"}, {"start": "00:51:11", "end": "00:51:16", "text": "what has to offer? It's just Charles"}, {"start": "00:51:14", "end": "00:51:18", "text": "guys. Listen, it's just Charles. People"}, {"start": "00:51:16", "end": "00:51:21", "text": "like Charles"}, {"start": "00:51:18", "end": "00:51:23", "text": "and he is preaching. He's doing student"}, {"start": "00:51:21", "end": "00:51:25", "text": "ID in Moadishu. What he's doing, I don't"}, {"start": "00:51:23", "end": "00:51:29", "text": "know. But uh that's that's the only"}, {"start": "00:51:25", "end": "00:51:31", "text": "thing that they have is Charles low fees"}, {"start": "00:51:29", "end": "00:51:33", "text": "about the tech. Literally all the tech"}, {"start": "00:51:31", "end": "00:51:35", "text": "they do, no one cares. No one cares."}, {"start": "00:51:33", "end": "00:51:38", "text": "It's it's not it's not a factor in how"}, {"start": "00:51:35", "end": "00:51:40", "text": "the price is going to be. You see"}, {"start": "00:51:38", "end": "00:51:42", "text": "now it's all about revenue. Financial"}, {"start": "00:51:40", "end": "00:51:44", "text": "times writing freaking physical paper"}, {"start": "00:51:42", "end": "00:51:46", "text": "about protocol revenue. They need"}, {"start": "00:51:44", "end": "00:51:48", "text": "revenue, users, etc., etc., etc., which"}, {"start": "00:51:46", "end": "00:51:51", "text": "they don't have. They don't have users."}, {"start": "00:51:48", "end": "00:51:52", "text": "It's a ghost chain. I know many holders"}, {"start": "00:51:51", "end": "00:51:54", "text": "still hold it. But be honest, if you"}, {"start": "00:51:52", "end": "00:51:56", "text": "hold ADA, how much do you use ADA? How"}, {"start": "00:51:54", "end": "00:51:58", "text": "much use ADA? Have you used AD? Have you"}, {"start": "00:51:56", "end": "00:52:01", "text": "actually used it or just hold it on your"}, {"start": "00:51:58", "end": "00:52:03", "text": "exchange? Because you see, you're part"}, {"start": "00:52:01", "end": "00:52:05", "text": "of the problem. You don't use it. You"}, {"start": "00:52:03", "end": "00:52:09", "text": "you don't use it. For example, with me,"}, {"start": "00:52:05", "end": "00:52:11", "text": "I mean, the coins that are in bull trend"}, {"start": "00:52:09", "end": "00:52:12", "text": "uh and I have to choose which which"}, {"start": "00:52:11", "end": "00:52:15", "text": "coins that are in bull trend that I"}, {"start": "00:52:12", "end": "00:52:18", "text": "hodddle. In many cases, I take the ones"}, {"start": "00:52:15", "end": "00:52:19", "text": "I use. Uh so now Solana is bull trend. I"}, {"start": "00:52:18", "end": "00:52:22", "text": "bought Salana. Why? Because I use"}, {"start": "00:52:19", "end": "00:52:24", "text": "Solana. I use Solana for payments every"}, {"start": "00:52:22", "end": "00:52:28", "text": "day. Someone someone pays us in Solana"}, {"start": "00:52:24", "end": "00:52:30", "text": "every day. every day trading you can you"}, {"start": "00:52:28", "end": "00:52:33", "text": "can buy stocks on Solana also uh"}, {"start": "00:52:30", "end": "00:52:36", "text": "hyperlquid the same I use hyperlquid is"}, {"start": "00:52:33", "end": "00:52:37", "text": "bull trend because you see sometimes you"}, {"start": "00:52:36", "end": "00:52:39", "text": "have like a million things going bull"}, {"start": "00:52:37", "end": "00:52:40", "text": "trend and you have to you have to pick a"}, {"start": "00:52:39", "end": "00:52:42", "text": "bit you have to pick a bit so the"}, {"start": "00:52:40", "end": "00:52:45", "text": "easiest pick is if you use if you use"}, {"start": "00:52:42", "end": "00:52:46", "text": "stuff every day exactly like moon candy"}, {"start": "00:52:45", "end": "00:52:50", "text": "saying once you use Solana every other"}, {"start": "00:52:46", "end": "00:52:51", "text": "chain feels second exactly so with ADA"}, {"start": "00:52:50", "end": "00:52:53", "text": "you ask yourself like what's happening"}, {"start": "00:52:51", "end": "00:52:55", "text": "here now of course if it goes bull trend"}, {"start": "00:52:53", "end": "00:52:58", "text": "you can have nice pump anyway and have"}, {"start": "00:52:55", "end": "00:53:00", "text": "nice pump anyway. So if it goes bull"}, {"start": "00:52:58", "end": "00:53:02", "text": "trend, we're going to be bullish. But uh"}, {"start": "00:53:00", "end": "00:53:04", "text": "there's a big disconnect between the"}, {"start": "00:53:02", "end": "00:53:06", "text": "community, you know, how how what people"}, {"start": "00:53:04", "end": "00:53:10", "text": "think about other and other in real"}, {"start": "00:53:06", "end": "00:53:12", "text": "life. People think it's, you know, some,"}, {"start": "00:53:10", "end": "00:53:14", "text": "you know, big wolf in reality, small"}, {"start": "00:53:12", "end": "00:53:16", "text": "Chihuahua in reality, but the community"}, {"start": "00:53:14", "end": "00:53:19", "text": "still thinks they're a wolf because they"}, {"start": "00:53:16", "end": "00:53:22", "text": "kind of were a wolf in 2017 when they"}, {"start": "00:53:19", "end": "00:53:23", "text": "competed against like Tron who was very"}, {"start": "00:53:22", "end": "00:53:25", "text": "new and now Tron is, you know, leaps and"}, {"start": "00:53:23", "end": "00:53:29", "text": "bounds bigger than Sana, sorry, bigger"}, {"start": "00:53:25", "end": "00:53:32", "text": "than ADA because of the uh stable coin"}, {"start": "00:53:29", "end": "00:53:34", "text": "users like you know in many countries"}, {"start": "00:53:32", "end": "00:53:36", "text": "people use Tron for payments. Even in"}, {"start": "00:53:34", "end": "00:53:37", "text": "the west sometimes people tell me, \"Hey,"}, {"start": "00:53:36", "end": "00:53:38", "text": "pay me in stable coin. Here's my Tron"}, {"start": "00:53:37", "end": "00:53:40", "text": "address.\" I'm like, \"Why you send me"}, {"start": "00:53:38", "end": "00:53:42", "text": "Tron address? Can you do you have like"}, {"start": "00:53:40", "end": "00:53:43", "text": "Sana?\" And actually normally sometimes"}, {"start": "00:53:42", "end": "00:53:45", "text": "they don't have Solana. They're like,"}, {"start": "00:53:43", "end": "00:53:47", "text": "\"No, what's Solana? What is ETH? I just"}, {"start": "00:53:45", "end": "00:53:49", "text": "have this Tron.\" They learn some they"}, {"start": "00:53:47", "end": "00:53:51", "text": "they got onboarded into Tron. I'm very"}, {"start": "00:53:49", "end": "00:53:52", "text": "curious how that works. I don't"}, {"start": "00:53:51", "end": "00:53:54", "text": "understand how that works myself."}, {"start": "00:53:52", "end": "00:53:56", "text": "Actually, sometimes people who are not"}, {"start": "00:53:54", "end": "00:53:57", "text": "in crypto like, \"Yeah, pay me in USDT."}, {"start": "00:53:56", "end": "00:53:59", "text": "Here's my Tron address.\" I'm like,"}, {"start": "00:53:57", "end": "00:54:01", "text": "\"What? How you know about Tron? Out of"}, {"start": "00:53:59", "end": "00:54:03", "text": "everything you know Tron?\" I asked them,"}, {"start": "00:54:01", "end": "00:54:06", "text": "\"Do you have Sana?\" They're like, \"What"}, {"start": "00:54:03", "end": "00:54:09", "text": "is Salaman? Do you have ETH? What is"}, {"start": "00:54:06", "end": "00:54:13", "text": "ETH? I I have Tron.\""}, {"start": "00:54:09", "end": "00:54:15", "text": "So, in 2017 when Ada was new, Tron was"}, {"start": "00:54:13", "end": "00:54:16", "text": "new, everything was kind of new. Yes,"}, {"start": "00:54:15", "end": "00:54:19", "text": "they were a wolf. Now they are"}, {"start": "00:54:16", "end": "00:54:21", "text": "Chihuahua. And they have Charles who is"}, {"start": "00:54:19", "end": "00:54:23", "text": "still like the reason why maybe it comes"}, {"start": "00:54:21", "end": "00:54:25", "text": "back potentially. Guys, thank you very"}, {"start": "00:54:23", "end": "00:54:27", "text": "much. Go to bullmare.com/subscribe."}, {"start": "00:54:25", "end": "00:54:30", "text": "Hope you enjoyed the stream. was"}, {"start": "00:54:27", "end": "00:54:32", "text": "fantastic to speak about you uh with you"}, {"start": "00:54:30", "end": "00:54:33", "text": "not about you but also sometimes about"}, {"start": "00:54:32", "end": "00:54:35", "text": "you sometimes we speak about comments in"}, {"start": "00:54:33", "end": "00:54:37", "text": "the chat if you comment something"}, {"start": "00:54:35", "end": "00:54:38", "text": "interesting can speak about you also"}, {"start": "00:54:37", "end": "00:54:40", "text": "sometimes people say oh I want why you"}, {"start": "00:54:38", "end": "00:54:42", "text": "so mean why you so mean why you so I see"}, {"start": "00:54:40", "end": "00:54:44", "text": "if I see plebe question I answer plebbe"}, {"start": "00:54:42", "end": "00:54:45", "text": "question sometimes people donate and we"}, {"start": "00:54:44", "end": "00:54:47", "text": "we explain to them why they're pleba"}, {"start": "00:54:45", "end": "00:54:49", "text": "it's because it's net positive if I"}, {"start": "00:54:47", "end": "00:54:52", "text": "explain to you why your question is"}, {"start": "00:54:49", "end": "00:54:54", "text": "pleba brain you learn faster you"}, {"start": "00:54:52", "end": "00:54:55", "text": "understand faster you understand so"}, {"start": "00:54:54", "end": "00:54:57", "text": "there you go guys smash the like"}, {"start": "00:54:55", "end": "00:54:59", "text": "subscribe see you all tomorrow. Big"}, {"start": "00:54:57", "end": "00:55:01", "text": "shout out to Guzman for time stamping"}, {"start": "00:54:59", "end": "00:55:04", "text": "us. Have a good day and goodbye guys."}, {"start": "00:55:01", "end": "00:55:04", "text": "Goodbye."}]

[{"start": "00:00:03", "end": "00:00:07", "text": "Oh yes, oh yes, yes, oh yes. Guys,"}, {"start": "00:00:05", "end": "00:00:09", "text": "welcome to another episode. And as you"}, {"start": "00:00:07", "end": "00:00:12", "text": "can see right now, Bitcoin is currently"}, {"start": "00:00:09", "end": "00:00:14", "text": "still testing this breakout. We're still"}, {"start": "00:00:12", "end": "00:00:16", "text": "testing the money line breakout. And"}, {"start": "00:00:14", "end": "00:00:19", "text": "this far, it seems that we are rejected"}, {"start": "00:00:16", "end": "00:00:21", "text": "from the breakout. But this is not the"}, {"start": "00:00:19", "end": "00:00:24", "text": "time to be bear, guys. Just like we"}, {"start": "00:00:21", "end": "00:00:27", "text": "spoke yesterday, all the dips are for"}, {"start": "00:00:24", "end": "00:00:29", "text": "buying. Right now when we have touched"}, {"start": "00:00:27", "end": "00:00:31", "text": "the 200 week moving average and we have"}, {"start": "00:00:29", "end": "00:00:34", "text": "bounced from it all the dips are from"}, {"start": "00:00:31", "end": "00:00:38", "text": "buy for buying but currently we just"}, {"start": "00:00:34", "end": "00:00:40", "text": "deploy a minor portion of the portfolio"}, {"start": "00:00:38", "end": "00:00:44", "text": "before the bull flip. The plan still"}, {"start": "00:00:40", "end": "00:00:46", "text": "remains follow the plan. People get so"}, {"start": "00:00:44", "end": "00:00:49", "text": "emotional when this big candle happened."}, {"start": "00:00:46", "end": "00:00:50", "text": "People told me Ivan we missed the bull"}, {"start": "00:00:49", "end": "00:00:54", "text": "market. We missed it. Now people are"}, {"start": "00:00:50", "end": "00:00:56", "text": "saying Ivan we're gonna go to new lows."}, {"start": "00:00:54", "end": "00:00:58", "text": "I love it. allow. It's perfectly normal"}, {"start": "00:00:56", "end": "00:01:00", "text": "to be emotional, guys. It's perfectly"}, {"start": "00:00:58", "end": "00:01:03", "text": "perfectly normal. But if you follow the"}, {"start": "00:01:00", "end": "00:01:05", "text": "strategy, you follow the rules, it will"}, {"start": "00:01:03", "end": "00:01:07", "text": "be fantastically fantastically nice."}, {"start": "00:01:05", "end": "00:01:09", "text": "Once we go above the bull the bull flip"}, {"start": "00:01:07", "end": "00:01:11", "text": "right here, we go heavy heavy heavy"}, {"start": "00:01:09", "end": "00:01:14", "text": "heavy Bitcoin heavy altcoins and we go"}, {"start": "00:01:11", "end": "00:01:17", "text": "Valhalla from there. Sulana still in"}, {"start": "00:01:14", "end": "00:01:19", "text": "bull trend has a bit of a pullback"}, {"start": "00:01:17", "end": "00:01:23", "text": "together with Bitcoin. And this all has"}, {"start": "00:01:19", "end": "00:01:25", "text": "to do with the temporary uh scare in the"}, {"start": "00:01:23", "end": "00:01:27", "text": "stock market. The stock market itself"}, {"start": "00:01:25", "end": "00:01:29", "text": "has been pulling back a bit. Not that it"}, {"start": "00:01:27", "end": "00:01:31", "text": "went into bare trend. I mean still"}, {"start": "00:01:29", "end": "00:01:33", "text": "stocks are super bullish. You look at"}, {"start": "00:01:31", "end": "00:01:35", "text": "the trend, it's super super bullish. And"}, {"start": "00:01:33", "end": "00:01:38", "text": "the stocks now, how much are they below"}, {"start": "00:01:35", "end": "00:01:40", "text": "alltime high? Let me check here. So S&P"}, {"start": "00:01:38", "end": "00:01:43", "text": "for example is just 2% below alltime"}, {"start": "00:01:40", "end": "00:01:45", "text": "high. But there is a bit of concern this"}, {"start": "00:01:43", "end": "00:01:46", "text": "and that. I don't think that any of this"}, {"start": "00:01:45", "end": "00:01:49", "text": "concern matters. But just so you know"}, {"start": "00:01:46", "end": "00:01:53", "text": "guys, for example, there is Iran oil uh"}, {"start": "00:01:49", "end": "00:01:54", "text": "fears, another hit on Iran, another this"}, {"start": "00:01:53", "end": "00:01:56", "text": "and that. I mean, we've we've been"}, {"start": "00:01:54", "end": "00:01:58", "text": "having it for eight months now. Okay, we"}, {"start": "00:01:56", "end": "00:02:02", "text": "we've been having it for eight months."}, {"start": "00:01:58", "end": "00:02:04", "text": "Brand jumped, oil jumped, WTI jumped,"}, {"start": "00:02:02", "end": "00:02:07", "text": "all of the oil indexes jumped, all of"}, {"start": "00:02:04", "end": "00:02:09", "text": "the oil stickers jumped. So, people are"}, {"start": "00:02:07", "end": "00:02:11", "text": "worrying, is it going to mean that"}, {"start": "00:02:09", "end": "00:02:12", "text": "stocks cannot pump because oil is now"}, {"start": "00:02:11", "end": "00:02:15", "text": "expensive? We we literally had all of"}, {"start": "00:02:12", "end": "00:02:18", "text": "this just a few months ago. We had all"}, {"start": "00:02:15", "end": "00:02:20", "text": "of this just a few months ago and I"}, {"start": "00:02:18", "end": "00:02:23", "text": "think it's very unlikely that the Fed"}, {"start": "00:02:20", "end": "00:02:24", "text": "will hike rates but this is what people"}, {"start": "00:02:23", "end": "00:02:26", "text": "are worried about that they're going to"}, {"start": "00:02:24", "end": "00:02:27", "text": "that they're going to hike. People are"}, {"start": "00:02:26", "end": "00:02:29", "text": "worried about that they're going to hike"}, {"start": "00:02:27", "end": "00:02:32", "text": "because oil is inflationary. When oil is"}, {"start": "00:02:29", "end": "00:02:34", "text": "high it is inflationary and people are"}, {"start": "00:02:32", "end": "00:02:35", "text": "worried that there's going to be a hike."}, {"start": "00:02:34", "end": "00:02:40", "text": "The odds now if you look on on poly"}, {"start": "00:02:35", "end": "00:02:41", "text": "market are way above 50% for a hike in"}, {"start": "00:02:40", "end": "00:02:42", "text": "September. Personally I think it's not"}, {"start": "00:02:41", "end": "00:02:45", "text": "going to happen but let's see. I mean"}, {"start": "00:02:42", "end": "00:02:47", "text": "I'm happy to be surprised also at the"}, {"start": "00:02:45", "end": "00:02:50", "text": "end of the day for Bitcoin this is all"}, {"start": "00:02:47", "end": "00:02:52", "text": "noise all of this with Iran oil stock"}, {"start": "00:02:50", "end": "00:02:55", "text": "this and that this is for Bitcoin mainly"}, {"start": "00:02:52", "end": "00:02:59", "text": "noise it doesn't matter where they where"}, {"start": "00:02:55", "end": "00:03:01", "text": "did they increase the race or don't okay"}, {"start": "00:02:59", "end": "00:03:02", "text": "because we already had a big fat bare"}, {"start": "00:03:01", "end": "00:03:05", "text": "market we discussed about it yesterday"}, {"start": "00:03:02", "end": "00:03:08", "text": "that when you have a big fat bare market"}, {"start": "00:03:05", "end": "00:03:09", "text": "the bad news simply stop mattering at"}, {"start": "00:03:08", "end": "00:03:11", "text": "the end of the day and now is not the"}, {"start": "00:03:09", "end": "00:03:13", "text": "time to be too smart we may see another"}, {"start": "00:03:11", "end": "00:03:16", "text": "pullback maybe to I mean, who knows?"}, {"start": "00:03:13", "end": "00:03:17", "text": "Listen, we are we're not predicting"}, {"start": "00:03:16", "end": "00:03:19", "text": "exact ticker by ticker what's going to"}, {"start": "00:03:17", "end": "00:03:21", "text": "happen in terms of price. But on the big"}, {"start": "00:03:19", "end": "00:03:24", "text": "picture, I can tell you that the worst"}, {"start": "00:03:21", "end": "00:03:27", "text": "is likely behind us for Bitcoin. And as"}, {"start": "00:03:24", "end": "00:03:29", "text": "soon as we go bull flip, oh, it's going"}, {"start": "00:03:27", "end": "00:03:30", "text": "to be amazing. It's going to be amazing."}, {"start": "00:03:29", "end": "00:03:32", "text": "It's going to be amazing. Now, when you"}, {"start": "00:03:30", "end": "00:03:34", "text": "look at the different drivers for"}, {"start": "00:03:32", "end": "00:03:36", "text": "Bitcoin, you have the following uh"}, {"start": "00:03:34", "end": "00:03:39", "text": "strategy is starting to buy. If we are"}, {"start": "00:03:36", "end": "00:03:40", "text": "to organize our thoughts here and look"}, {"start": "00:03:39", "end": "00:03:43", "text": "at what's driving the Bitcoin price,"}, {"start": "00:03:40", "end": "00:03:44", "text": "what is dumping the Bitcoin price and if"}, {"start": "00:03:43", "end": "00:03:47", "text": "we see the balance between bull and the"}, {"start": "00:03:44", "end": "00:03:49", "text": "bears, it looks like this. The good"}, {"start": "00:03:47", "end": "00:03:53", "text": "thing now is that strategy is a buyer."}, {"start": "00:03:49", "end": "00:03:54", "text": "Strategy was a seller for the longest"}, {"start": "00:03:53", "end": "00:03:56", "text": "time. They sold the bottom. They also"}, {"start": "00:03:54", "end": "00:04:00", "text": "now they're a buyer, buyer, buyer,"}, {"start": "00:03:56", "end": "00:04:02", "text": "buyer. Uh the CEO of Strategy, Fong Lee,"}, {"start": "00:04:00", "end": "00:04:04", "text": "who works together with Michael Sailor,"}, {"start": "00:04:02", "end": "00:04:05", "text": "has come out and said that they will"}, {"start": "00:04:04", "end": "00:04:07", "text": "continue to buy. they have no plans to"}, {"start": "00:04:05", "end": "00:04:09", "text": "sell. They're going to be buying and"}, {"start": "00:04:07", "end": "00:04:11", "text": "buying and buying. Uh buying now feels"}, {"start": "00:04:09", "end": "00:04:14", "text": "normal. This is another thing in terms"}, {"start": "00:04:11", "end": "00:04:16", "text": "of the perspective on Bitcoin because"}, {"start": "00:04:14", "end": "00:04:18", "text": "you remember in 2020 when STR Micro"}, {"start": "00:04:16", "end": "00:04:21", "text": "Strategy bought its first Bitcoin, it"}, {"start": "00:04:18", "end": "00:04:23", "text": "was mega news. Now it's normal. It's"}, {"start": "00:04:21", "end": "00:04:24", "text": "normal. They buy hundreds of millions."}, {"start": "00:04:23", "end": "00:04:27", "text": "It's normal. So it means that Bitcoin"}, {"start": "00:04:24", "end": "00:04:29", "text": "basically is now such a big asset that"}, {"start": "00:04:27", "end": "00:04:32", "text": "this constant buys that are now"}, {"start": "00:04:29", "end": "00:04:33", "text": "starting. They feel normal. This is both"}, {"start": "00:04:32", "end": "00:04:34", "text": "bullish and bearish. I mean it's bullish"}, {"start": "00:04:33", "end": "00:04:36", "text": "because Bitcoin has come this far. It's"}, {"start": "00:04:34", "end": "00:04:38", "text": "a bit bearish because market is kind of"}, {"start": "00:04:36", "end": "00:04:41", "text": "used to it and it expects uh strategy to"}, {"start": "00:04:38", "end": "00:04:44", "text": "buy but overall strategy going from net"}, {"start": "00:04:41", "end": "00:04:46", "text": "seller to net buyer obviously very"}, {"start": "00:04:44", "end": "00:04:48", "text": "bullish and this is the first buy in 10"}, {"start": "00:04:46", "end": "00:04:50", "text": "weeks. This Monday they bought for the"}, {"start": "00:04:48", "end": "00:04:53", "text": "first time they bought Bitcoin first"}, {"start": "00:04:50", "end": "00:04:55", "text": "time in 10 weeks. Okay. So strategy"}, {"start": "00:04:53", "end": "00:04:58", "text": "number one bidding bidding bidding"}, {"start": "00:04:55", "end": "00:05:00", "text": "bidding. Next you have the ETFs. ETFs"}, {"start": "00:04:58", "end": "00:05:03", "text": "having fantastic inflow fantastic"}, {"start": "00:05:00", "end": "00:05:06", "text": "inflow. When you look at Bitcoin ETF,"}, {"start": "00:05:03", "end": "00:05:10", "text": "look here, 3.5 billion inflow in August,"}, {"start": "00:05:06", "end": "00:05:13", "text": "but also since um uh since trading"}, {"start": "00:05:10", "end": "00:05:16", "text": "opened uh yesterday, we already had 200"}, {"start": "00:05:13", "end": "00:05:18", "text": "more. Uh okay, in 1 of September, 200"}, {"start": "00:05:16", "end": "00:05:20", "text": "million more. All right, very important,"}, {"start": "00:05:18", "end": "00:05:22", "text": "another big catalyst. So, strategy"}, {"start": "00:05:20", "end": "00:05:25", "text": "buying ETFs, bidding, bidding, bidding,"}, {"start": "00:05:22", "end": "00:05:26", "text": "bidding, bidding, next here is where"}, {"start": "00:05:25", "end": "00:05:30", "text": "it's maybe a bit of a a question mark in"}, {"start": "00:05:26", "end": "00:05:31", "text": "terms of the uh rate hike. Uh people are"}, {"start": "00:05:30", "end": "00:05:33", "text": "worried they're going to hike rates. I'm"}, {"start": "00:05:31", "end": "00:05:35", "text": "not too worried. I don't think uh rate"}, {"start": "00:05:33", "end": "00:05:37", "text": "hike is going to matter in any big way"}, {"start": "00:05:35", "end": "00:05:38", "text": "for Bitcoin. Maybe short-term"}, {"start": "00:05:37", "end": "00:05:41", "text": "volatility, but not in any big way"}, {"start": "00:05:38", "end": "00:05:45", "text": "because we've had a bare market already."}, {"start": "00:05:41", "end": "00:05:46", "text": "Uh but if rate rates are cut, that's"}, {"start": "00:05:45", "end": "00:05:49", "text": "mega bullish. That's mega bullish"}, {"start": "00:05:46", "end": "00:05:52", "text": "Bitcoin. So rate hike does not matter."}, {"start": "00:05:49", "end": "00:05:53", "text": "But rate cut would be insane because"}, {"start": "00:05:52", "end": "00:05:56", "text": "that's mega bullish. And we're right at"}, {"start": "00:05:53", "end": "00:05:58", "text": "the start of the new bull. And when you"}, {"start": "00:05:56", "end": "00:06:00", "text": "are at the start of a new bull, all of"}, {"start": "00:05:58", "end": "00:06:02", "text": "the bullishness pumps a lot. So there is"}, {"start": "00:06:00", "end": "00:06:04", "text": "basically the conclusion here is that"}, {"start": "00:06:02", "end": "00:06:06", "text": "there is more upside than downside. As"}, {"start": "00:06:04", "end": "00:06:08", "text": "you know, no one knows what's going to"}, {"start": "00:06:06", "end": "00:06:10", "text": "happen. We're just predicting based on"}, {"start": "00:06:08", "end": "00:06:12", "text": "the probabilities. We're positioning"}, {"start": "00:06:10", "end": "00:06:13", "text": "ourselves based on probabilities. We're"}, {"start": "00:06:12", "end": "00:06:15", "text": "not even predicting because no one can"}, {"start": "00:06:13", "end": "00:06:16", "text": "predict, but we're positioning based on"}, {"start": "00:06:15", "end": "00:06:20", "text": "probabilities. So when you look at the"}, {"start": "00:06:16", "end": "00:06:22", "text": "expected value of you being bullish now"}, {"start": "00:06:20", "end": "00:06:24", "text": "versus expected value of you being"}, {"start": "00:06:22", "end": "00:06:26", "text": "bearish now, the expected value of"}, {"start": "00:06:24", "end": "00:06:28", "text": "bullishness is way better. Way way"}, {"start": "00:06:26", "end": "00:06:30", "text": "better because if they cut, holy crap,"}, {"start": "00:06:28", "end": "00:06:32", "text": "that's going to be such a signal because"}, {"start": "00:06:30", "end": "00:06:35", "text": "then it also means that Trump has more"}, {"start": "00:06:32", "end": "00:06:37", "text": "or less control over Kevin Worsh. It"}, {"start": "00:06:35", "end": "00:06:39", "text": "also means that Trump's wishes of the"}, {"start": "00:06:37", "end": "00:06:40", "text": "lower race he's been wishing for years"}, {"start": "00:06:39", "end": "00:06:43", "text": "and years and years now they're going to"}, {"start": "00:06:40", "end": "00:06:44", "text": "come true. And it's going to be such new"}, {"start": "00:06:43", "end": "00:06:46", "text": "information for the market that the"}, {"start": "00:06:44", "end": "00:06:48", "text": "market will have to be will have to"}, {"start": "00:06:46", "end": "00:06:50", "text": "price it in quite fast. So massive pump"}, {"start": "00:06:48", "end": "00:06:53", "text": "especially for Bitcoin because Bitcoin"}, {"start": "00:06:50", "end": "00:06:55", "text": "is in the beginning of its new cycle."}, {"start": "00:06:53", "end": "00:06:57", "text": "Let's say they hike for some reason they"}, {"start": "00:06:55", "end": "00:06:59", "text": "hike. They're worried with oil shock."}, {"start": "00:06:57", "end": "00:07:01", "text": "They're worried with this and that for"}, {"start": "00:06:59", "end": "00:07:02", "text": "Bitcoin. I think it's going to be minor."}, {"start": "00:07:01", "end": "00:07:05", "text": "It's going to be minor. Maybe we go back"}, {"start": "00:07:02", "end": "00:07:07", "text": "to 75. Maybe a bit. I mean at the end of"}, {"start": "00:07:05", "end": "00:07:09", "text": "the day we've had the worst behind us,"}, {"start": "00:07:07", "end": "00:07:13", "text": "right? We have the worst behind us. And"}, {"start": "00:07:09", "end": "00:07:16", "text": "also there is a big big question whether"}, {"start": "00:07:13", "end": "00:07:19", "text": "uh hiking makes sense when there is just"}, {"start": "00:07:16", "end": "00:07:20", "text": "a supply shock. Okay. When you look for"}, {"start": "00:07:19", "end": "00:07:22", "text": "example what has happened here? Besson"}, {"start": "00:07:20", "end": "00:07:25", "text": "said that Worsh and I are on the same"}, {"start": "00:07:22", "end": "00:07:27", "text": "page on bonds and Besson said"}, {"start": "00:07:25", "end": "00:07:29", "text": "traditionally you don't raise interest"}, {"start": "00:07:27", "end": "00:07:31", "text": "rates into a supply shock. So what does"}, {"start": "00:07:29", "end": "00:07:34", "text": "it mean? It means that the the reason"}, {"start": "00:07:31", "end": "00:07:35", "text": "why people are worried about the rate"}, {"start": "00:07:34", "end": "00:07:37", "text": "hike"}, {"start": "00:07:35", "end": "00:07:40", "text": "raising of the rates is because there is"}, {"start": "00:07:37", "end": "00:07:43", "text": "supply shock with oil because of Iran."}, {"start": "00:07:40", "end": "00:07:46", "text": "But that can be easily fixed. Normally"}, {"start": "00:07:43", "end": "00:07:48", "text": "it takes approximately 18 months for"}, {"start": "00:07:46", "end": "00:07:51", "text": "higher rates to propagate through the"}, {"start": "00:07:48", "end": "00:07:53", "text": "economy. So it takes you need to really"}, {"start": "00:07:51", "end": "00:07:54", "text": "think long term if you increase or"}, {"start": "00:07:53", "end": "00:07:56", "text": "decrease rate for it to really propagate"}, {"start": "00:07:54", "end": "00:07:58", "text": "through the economy have impact on"}, {"start": "00:07:56", "end": "00:08:01", "text": "employment have impact on all of the"}, {"start": "00:07:58", "end": "00:08:04", "text": "KPIs that they care about it takes 18"}, {"start": "00:08:01", "end": "00:08:07", "text": "months. So if there's just a temporary"}, {"start": "00:08:04", "end": "00:08:10", "text": "oil shock let's say due to Iran what's"}, {"start": "00:08:07", "end": "00:08:13", "text": "happening now this is not a reason to"}, {"start": "00:08:10", "end": "00:08:16", "text": "raise rates and Bessent don't mess with"}, {"start": "00:08:13", "end": "00:08:18", "text": "Bessant"}, {"start": "00:08:16", "end": "00:08:20", "text": "Elon Musk tried messing with Bessant he"}, {"start": "00:08:18", "end": "00:08:21", "text": "got a black eye bessant does not want"}, {"start": "00:08:20", "end": "00:08:24", "text": "high rates"}, {"start": "00:08:21", "end": "00:08:27", "text": "Bessant does not want high rates they"}, {"start": "00:08:24", "end": "00:08:29", "text": "are sinking with worsh uh I mean I would"}, {"start": "00:08:27", "end": "00:08:31", "text": "bet that uh Trump more or less has"}, {"start": "00:08:29", "end": "00:08:32", "text": "control of worsh but let's see let's see"}, {"start": "00:08:31", "end": "00:08:34", "text": "what's happening"}, {"start": "00:08:32", "end": "00:08:37", "text": "Look here. If you're a micro investor,"}, {"start": "00:08:34", "end": "00:08:39", "text": "connect the dots for a second. Markets"}, {"start": "00:08:37", "end": "00:08:41", "text": "are pricing in the September hike."}, {"start": "00:08:39", "end": "00:08:44", "text": "Yields are surging and the consensus is"}, {"start": "00:08:41", "end": "00:08:46", "text": "completely taking the bait. Draen"}, {"start": "00:08:44", "end": "00:08:49", "text": "Miller, look here. Um, Draen Miller"}, {"start": "00:08:46", "end": "00:08:50", "text": "actually wor together with Kevin Worsh"}, {"start": "00:08:49", "end": "00:08:52", "text": "in the past. They wrote this article"}, {"start": "00:08:50", "end": "00:08:55", "text": "back in the day in 2018. But so Draen"}, {"start": "00:08:52", "end": "00:08:58", "text": "Miller who literally trained both Worsh"}, {"start": "00:08:55", "end": "00:09:01", "text": "and Bessant publicly takes a swing at"}, {"start": "00:08:58", "end": "00:09:04", "text": "Bessant's bond market intervention."}, {"start": "00:09:01", "end": "00:09:06", "text": "Besson plays along firing right back"}, {"start": "00:09:04", "end": "00:09:11", "text": "mean so basically all of the conflict"}, {"start": "00:09:06", "end": "00:09:13", "text": "now with people um critiquing Bessant"}, {"start": "00:09:11", "end": "00:09:15", "text": "basically a charade according to this"}, {"start": "00:09:13", "end": "00:09:17", "text": "guy meanwhile wors and rocken Miller"}, {"start": "00:09:15", "end": "00:09:20", "text": "wrote wrote this piece calling on the"}, {"start": "00:09:17", "end": "00:09:23", "text": "Fed to hold off on hikes in 2018 it's a"}, {"start": "00:09:20", "end": "00:09:26", "text": "masterclass in narrative control wors"}, {"start": "00:09:23", "end": "00:09:29", "text": "gets styled as the uncompromised hawk to"}, {"start": "00:09:26", "end": "00:09:30", "text": "buy the central bank maximum market"}, {"start": "00:09:29", "end": "00:09:31", "text": "credibility this is very important"}, {"start": "00:09:30", "end": "00:09:33", "text": "Because if Morris just says, \"Hey,"}, {"start": "00:09:31", "end": "00:09:36", "text": "listen, I just listened to what uh Trump"}, {"start": "00:09:33", "end": "00:09:38", "text": "says.\" He going to lose credibility. Uh"}, {"start": "00:09:36", "end": "00:09:40", "text": "rates are going to spike even higher the"}, {"start": "00:09:38", "end": "00:09:42", "text": "market rates because trust is lost. Uh"}, {"start": "00:09:40", "end": "00:09:43", "text": "so they need to make it credible. They"}, {"start": "00:09:42", "end": "00:09:44", "text": "need to make everything credible. He"}, {"start": "00:09:43", "end": "00:09:46", "text": "cannot just come out and say we're going"}, {"start": "00:09:44", "end": "00:09:49", "text": "to cut because Trump said they need to"}, {"start": "00:09:46", "end": "00:09:50", "text": "make it everything credible. So uh even"}, {"start": "00:09:49", "end": "00:09:51", "text": "though everyone knows that the core"}, {"start": "00:09:50", "end": "00:09:53", "text": "minor from Trump is to cut his guys,"}, {"start": "00:09:51", "end": "00:09:54", "text": "they're gonna cut. I I think I don't"}, {"start": "00:09:53", "end": "00:09:56", "text": "know if they're gonna cut. It's going to"}, {"start": "00:09:54", "end": "00:09:59", "text": "be fantastic. You know, you know these"}, {"start": "00:09:56", "end": "00:10:01", "text": "guys, the Trump guys, not the Trump"}, {"start": "00:09:59", "end": "00:10:03", "text": "guys."}, {"start": "00:10:01", "end": "00:10:05", "text": "The Trump guys,"}, {"start": "00:10:03", "end": "00:10:08", "text": "they they they love this kind of stuff."}, {"start": "00:10:05", "end": "00:10:10", "text": "Everyone thinks this. The Trump guys"}, {"start": "00:10:08", "end": "00:10:11", "text": "position themselves. Look at D Dragon"}, {"start": "00:10:10", "end": "00:10:14", "text": "Miller. What did he do? He bought"}, {"start": "00:10:11", "end": "00:10:17", "text": "freaking hyperlquid ETF. You think you"}, {"start": "00:10:14", "end": "00:10:20", "text": "buy hyperlquid ETF? If you think there's"}, {"start": "00:10:17", "end": "00:10:21", "text": "going to be bearishness, okay, the Trump"}, {"start": "00:10:20", "end": "00:10:23", "text": "guys, I mean, they're they're the best."}, {"start": "00:10:21", "end": "00:10:28", "text": "They tell the PLA, we're going to hike."}, {"start": "00:10:23", "end": "00:10:31", "text": "H be careful. Oil up. Be careful. Be"}, {"start": "00:10:28", "end": "00:10:33", "text": "bearish. they position themselves that"}, {"start": "00:10:31", "end": "00:10:35", "text": "cut. Would it that'd be crazy? Would"}, {"start": "00:10:33", "end": "00:10:37", "text": "that be crazy? But anyway, we spent a"}, {"start": "00:10:35", "end": "00:10:40", "text": "long time discussing this um micro"}, {"start": "00:10:37", "end": "00:10:43", "text": "stuff. I think there is just better"}, {"start": "00:10:40", "end": "00:10:45", "text": "expected value to be bull bull bull not"}, {"start": "00:10:43", "end": "00:10:47", "text": "retardable bull yet because we have to"}, {"start": "00:10:45", "end": "00:10:49", "text": "go uh bullish again. This rejection"}, {"start": "00:10:47", "end": "00:10:51", "text": "could mean that we maybe go back into"}, {"start": "00:10:49", "end": "00:10:55", "text": "the buy zone. It can easily easily mean"}, {"start": "00:10:51", "end": "00:10:57", "text": "that. But still to allocate here a bit"}, {"start": "00:10:55", "end": "00:10:59", "text": "and then massively once we go bull trend"}, {"start": "00:10:57", "end": "00:11:02", "text": "very smart don't panic people panic now"}, {"start": "00:10:59", "end": "00:11:04", "text": "it's I mean the player brain from the"}, {"start": "00:11:02", "end": "00:11:08", "text": "mega grid here saying Ivan we miss bull"}, {"start": "00:11:04", "end": "00:11:10", "text": "market why why why and now so fearful"}, {"start": "00:11:08", "end": "00:11:12", "text": "man take it easy follow the damn plan we"}, {"start": "00:11:10", "end": "00:11:15", "text": "have a great plan great plan so micro"}, {"start": "00:11:12", "end": "00:11:17", "text": "liquidity is is the second thing clarity"}, {"start": "00:11:15", "end": "00:11:19", "text": "act is also bullish if it passes let's"}, {"start": "00:11:17", "end": "00:11:21", "text": "see if it passes I don't have high hopes"}, {"start": "00:11:19", "end": "00:11:23", "text": "but if it passes very very nice uh cycle"}, {"start": "00:11:21", "end": "00:11:25", "text": "timing I mean this one is massive guys."}, {"start": "00:11:23", "end": "00:11:28", "text": "The fact that we are now one year from"}, {"start": "00:11:25", "end": "00:11:30", "text": "the from the peak this going to be for"}, {"start": "00:11:28", "end": "00:11:33", "text": "bitcoin massive this for bitcoin is"}, {"start": "00:11:30", "end": "00:11:34", "text": "massive all of the fouryear cyclers I"}, {"start": "00:11:33", "end": "00:11:37", "text": "mean by the way us inclusing because we"}, {"start": "00:11:34", "end": "00:11:39", "text": "just follow the trend in money line and"}, {"start": "00:11:37", "end": "00:11:41", "text": "it seems that the money line is going to"}, {"start": "00:11:39", "end": "00:11:44", "text": "flip basically right on the four cycle."}, {"start": "00:11:41", "end": "00:11:45", "text": "Okay we follow the money line. We don't"}, {"start": "00:11:44", "end": "00:11:47", "text": "follow the for cycle but the if the"}, {"start": "00:11:45", "end": "00:11:49", "text": "money line and for cycle agree I mean"}, {"start": "00:11:47", "end": "00:11:51", "text": "okay good good then then I guess we're"}, {"start": "00:11:49", "end": "00:11:54", "text": "also for a cycle. But if the money line"}, {"start": "00:11:51", "end": "00:11:55", "text": "and for cycle disagree then we're money"}, {"start": "00:11:54", "end": "00:11:56", "text": "line. We're not for cycle. You"}, {"start": "00:11:55", "end": "00:11:59", "text": "understand? But that's another thing to"}, {"start": "00:11:56", "end": "00:12:02", "text": "to keep to keep in mind that the cycle"}, {"start": "00:11:59", "end": "00:12:03", "text": "is coming to an end. It's restarting. We"}, {"start": "00:12:02", "end": "00:12:07", "text": "have a new four-ear cycle starting this"}, {"start": "00:12:03", "end": "00:12:09", "text": "October literally in 30 days. Okay. 40"}, {"start": "00:12:07", "end": "00:12:11", "text": "days at the we need to go to like the"}, {"start": "00:12:09", "end": "00:12:14", "text": "the peak the 8th of October for us. 8th"}, {"start": "00:12:11", "end": "00:12:17", "text": "of October is a big day because we said"}, {"start": "00:12:14", "end": "00:12:19", "text": "time to be riskoff on October 8th 2025."}, {"start": "00:12:17", "end": "00:12:21", "text": "You guys remember we said time to be"}, {"start": "00:12:19", "end": "00:12:24", "text": "riskoff is my pinned tweet. You can go"}, {"start": "00:12:21", "end": "00:12:26", "text": "to Twitter, you can check. And uh now"}, {"start": "00:12:24", "end": "00:12:29", "text": "it's a year, man. It's a year since the"}, {"start": "00:12:26", "end": "00:12:30", "text": "prophecy. It's a year since that insane"}, {"start": "00:12:29", "end": "00:12:32", "text": "call. I mean, if I'm to be a bit humble"}, {"start": "00:12:30", "end": "00:12:33", "text": "myself, I mean, sometimes you have to"}, {"start": "00:12:32", "end": "00:12:36", "text": "take credit. You have to take credit. Go"}, {"start": "00:12:33", "end": "00:12:38", "text": "check my pin tweet. But we saved"}, {"start": "00:12:36", "end": "00:12:41", "text": "probably hundreds of millions of dollars"}, {"start": "00:12:38", "end": "00:12:43", "text": "in our uh in our community because they"}, {"start": "00:12:41", "end": "00:12:46", "text": "did not get wrecked. Hundreds of"}, {"start": "00:12:43", "end": "00:12:48", "text": "probably. So anyway guys, big welcome"}, {"start": "00:12:46", "end": "00:12:51", "text": "everyone. We have a lot to discuss. Big"}, {"start": "00:12:48", "end": "00:12:52", "text": "shout out to who? To dab for time"}, {"start": "00:12:51", "end": "00:12:54", "text": "slapping us to us. Let me know how"}, {"start": "00:12:52", "end": "00:12:55", "text": "you're doing this fantastic Wednesday."}, {"start": "00:12:54", "end": "00:12:58", "text": "What is it? Wednesday, guys. It was"}, {"start": "00:12:55", "end": "00:13:01", "text": "Monday now. Boop. Wednesday."}, {"start": "00:12:58", "end": "00:13:03", "text": "And as always, smash up the like. Go"}, {"start": "00:13:01", "end": "00:13:06", "text": "below, check the first link in the"}, {"start": "00:13:03", "end": "00:13:09", "text": "description. Sign up for the Bull Mania"}, {"start": "00:13:06", "end": "00:13:11", "text": "newsletter. Currently, Bullmania is"}, {"start": "00:13:09", "end": "00:13:14", "text": "closed. You cannot join Bulmania right"}, {"start": "00:13:11", "end": "00:13:17", "text": "now. But if you are in the newsletter,"}, {"start": "00:13:14", "end": "00:13:19", "text": "you will get informed whenever new spots"}, {"start": "00:13:17", "end": "00:13:21", "text": "open up. But also in the newsletter, you"}, {"start": "00:13:19", "end": "00:13:23", "text": "get free market updates from me. For"}, {"start": "00:13:21", "end": "00:13:25", "text": "example, August 4th, we said time to be"}, {"start": "00:13:23", "end": "00:13:26", "text": "bullish. Look at August 4th. Look at"}, {"start": "00:13:25", "end": "00:13:29", "text": "Salana. Look, I mean, look at what's"}, {"start": "00:13:26", "end": "00:13:30", "text": "what's happened since August 4th. Uh"}, {"start": "00:13:29", "end": "00:13:32", "text": "that's just the recent example. So,"}, {"start": "00:13:30", "end": "00:13:36", "text": "first link in description, you do it"}, {"start": "00:13:32", "end": "00:13:39", "text": "now. Do it now. Click enter email. Very"}, {"start": "00:13:36", "end": "00:13:40", "text": "important. And this also works as weight"}, {"start": "00:13:39", "end": "00:13:42", "text": "list when we release new spots in"}, {"start": "00:13:40", "end": "00:13:43", "text": "Bulmania."}, {"start": "00:13:42", "end": "00:13:45", "text": "you're going to be informed here as"}, {"start": "00:13:43", "end": "00:13:47", "text": "well. But currently, it's closed, fully"}, {"start": "00:13:45", "end": "00:13:50", "text": "closed as we're at capacity. Now, guys,"}, {"start": "00:13:47", "end": "00:13:53", "text": "back to the AI slope. We have fantastic,"}, {"start": "00:13:50", "end": "00:13:56", "text": "fantastic, fantastic movies to show you."}, {"start": "00:13:53", "end": "00:13:58", "text": "And Bit Boy may be coming back. I have I"}, {"start": "00:13:56", "end": "00:14:00", "text": "have the Bit Boy one here. The first one"}, {"start": "00:13:58", "end": "00:14:04", "text": "is"}, {"start": "00:14:00", "end": "00:14:04", "text": "Ivan meeting Satoshi."}, {"start": "00:14:05", "end": "00:14:08", "text": "Listen to this."}, {"start": "00:14:09", "end": "00:14:14", "text": "I gave them Bitcoin. scarce,"}, {"start": "00:14:11", "end": "00:14:16", "text": "decentralized, simple. But simple was"}, {"start": "00:14:14", "end": "00:14:18", "text": "boring. So they bought JXC rocks, chased"}, {"start": "00:14:16", "end": "00:14:21", "text": "impossible yield, trusting an unstable"}, {"start": "00:14:18", "end": "00:14:23", "text": "stable coin, went 100x long on a dog"}, {"start": "00:14:21", "end": "00:14:25", "text": "coin. Everything vanished. And somehow"}, {"start": "00:14:23", "end": "00:14:28", "text": "they blamed Bitcoin."}, {"start": "00:14:25", "end": "00:14:29", "text": ">> I know, son. They need rules, not"}, {"start": "00:14:28", "end": "00:14:33", "text": "another profit."}, {"start": "00:14:29", "end": "00:14:35", "text": ">> Bull mania. This will show them the way."}, {"start": "00:14:33", "end": "00:14:37", "text": ">> Very true. Very, very true. Many people,"}, {"start": "00:14:35", "end": "00:14:38", "text": "they do all kinds of dumb stuff. instead"}, {"start": "00:14:37", "end": "00:14:40", "text": "if you have the rules like now for"}, {"start": "00:14:38", "end": "00:14:42", "text": "example you see how the rules protect us"}, {"start": "00:14:40", "end": "00:14:43", "text": "they protect us from from FOMO they"}, {"start": "00:14:42", "end": "00:14:45", "text": "protect us from greed and also they"}, {"start": "00:14:43", "end": "00:14:47", "text": "protect us from fear literally the"}, {"start": "00:14:45", "end": "00:14:49", "text": "roller coaster people had during the"}, {"start": "00:14:47", "end": "00:14:51", "text": "last days here last weeks has been crazy"}, {"start": "00:14:49", "end": "00:14:54", "text": "we're emotional dudes I mean crypto is"}, {"start": "00:14:51", "end": "00:14:56", "text": "emotional dudes another very very"}, {"start": "00:14:54", "end": "00:15:02", "text": "important lesson listen to this"}, {"start": "00:14:56", "end": "00:15:02", "text": "after block roughly every wait here"}, {"start": "00:15:02", "end": "00:15:08", "text": "one perfect batch is luck Bitcoin didn't"}, {"start": "00:15:06", "end": "00:15:11", "text": "prove itself self with one block. It"}, {"start": "00:15:08", "end": "00:15:14", "text": "earned trust block after block roughly"}, {"start": "00:15:11", "end": "00:15:19", "text": "every 10 minutes since 2009."}, {"start": "00:15:14", "end": "00:15:23", "text": "Consistency isn't luck, it's a system."}, {"start": "00:15:19", "end": "00:15:24", "text": "Bull mania. Clear strategies, clear"}, {"start": "00:15:23", "end": "00:15:26", "text": "rules."}, {"start": "00:15:24", "end": "00:15:27", "text": ">> Exactly. Exactly. Exactly. But that's"}, {"start": "00:15:26", "end": "00:15:29", "text": "also a very important thing because"}, {"start": "00:15:27", "end": "00:15:30", "text": "sometimes people get wrecked. Sometimes"}, {"start": "00:15:29", "end": "00:15:32", "text": "people make some money and there's no"}, {"start": "00:15:30", "end": "00:15:34", "text": "consistency. They don't understand why"}, {"start": "00:15:32", "end": "00:15:36", "text": "they made money. They don't understand"}, {"start": "00:15:34", "end": "00:15:38", "text": "anything. And worst case that can happen"}, {"start": "00:15:36", "end": "00:15:40", "text": "by the way is when you make money and"}, {"start": "00:15:38", "end": "00:15:43", "text": "you and you were lucky and you repeat"}, {"start": "00:15:40", "end": "00:15:44", "text": "the same dumb strategy because sometimes"}, {"start": "00:15:43", "end": "00:15:47", "text": "even the dumb strategy can make you"}, {"start": "00:15:44", "end": "00:15:50", "text": "rich. Sometimes you know it's like uh"}, {"start": "00:15:47", "end": "00:15:53", "text": "using your car without seat belt going"}, {"start": "00:15:50", "end": "00:15:57", "text": "400 kilometer an hour in uh autobond and"}, {"start": "00:15:53", "end": "00:16:00", "text": "bam suddenly doesn't work. You go"}, {"start": "00:15:57", "end": "00:16:02", "text": "without helmet it works fine and b does"}, {"start": "00:16:00", "end": "00:16:03", "text": "not work. You understand? So it's a"}, {"start": "00:16:02", "end": "00:16:06", "text": "problem sometimes people have in crypto"}, {"start": "00:16:03", "end": "00:16:08", "text": "also they luckily they do some dumb"}, {"start": "00:16:06", "end": "00:16:10", "text": "stuff no risk management they make money"}, {"start": "00:16:08", "end": "00:16:12", "text": "and then they think they're Nostradamos"}, {"start": "00:16:10", "end": "00:16:14", "text": "they're genius so they keep using the"}, {"start": "00:16:12", "end": "00:16:16", "text": "same thing sooner or later you lose"}, {"start": "00:16:14", "end": "00:16:19", "text": "everything happens all the time the"}, {"start": "00:16:16", "end": "00:16:22", "text": "roundtrip the roundtpping is uh is"}, {"start": "00:16:19", "end": "00:16:24", "text": "insane is insane I mean people say"}, {"start": "00:16:22", "end": "00:16:26", "text": "that's exactly what yeah by by the way"}, {"start": "00:16:24", "end": "00:16:28", "text": "there's no shame in that I have a whole"}, {"start": "00:16:26", "end": "00:16:31", "text": "book on how I did exactly this big"}, {"start": "00:16:28", "end": "00:16:32", "text": "profits okay uh boom.com/book book, you"}, {"start": "00:16:31", "end": "00:16:34", "text": "can buy it. I mean, I did exactly the"}, {"start": "00:16:32", "end": "00:16:37", "text": "same thing. I made money. Then I thought"}, {"start": "00:16:34", "end": "00:16:39", "text": "I'm I'm smart. I I'm smart because I'm"}, {"start": "00:16:37", "end": "00:16:41", "text": "freaking developer. I know how tech"}, {"start": "00:16:39", "end": "00:16:44", "text": "works. That's how I made money. No, that"}, {"start": "00:16:41", "end": "00:16:46", "text": "was not how I made money. I was lucky."}, {"start": "00:16:44", "end": "00:16:49", "text": "Then lost $10 million. You can read more"}, {"start": "00:16:46", "end": "00:16:52", "text": "here. But anyway, guys, Super Cycle is"}, {"start": "00:16:49", "end": "00:16:55", "text": "here. And of course,"}, {"start": "00:16:52", "end": "00:16:58", "text": "we're releasing Bit Boy. Bit Boy, we're"}, {"start": "00:16:55", "end": "00:17:00", "text": "releasing him into the wild. This one is"}, {"start": "00:16:58", "end": "00:17:03", "text": "masterpiece, man. Small peep. is doing"}, {"start": "00:17:00", "end": "00:17:03", "text": "masterpiece here."}, {"start": "00:17:06", "end": "00:17:13", "text": "Bit boy, get up. The super cycle needs"}, {"start": "00:17:10", "end": "00:17:13", "text": "its OGs."}, {"start": "00:17:15", "end": "00:17:21", "text": "I'm rebuilding the timeline. Try to stay"}, {"start": "00:17:18", "end": "00:17:21", "text": "out this time,"}, {"start": "00:17:22", "end": "00:17:28", "text": "man. Holy, man. This is cinemat. This is"}, {"start": "00:17:25", "end": "00:17:31", "text": "cinema. This is cinema. This is cinema."}, {"start": "00:17:28", "end": "00:17:34", "text": "This is I mean here we can oh man with"}, {"start": "00:17:31", "end": "00:17:36", "text": "this cinema. This is cinema. I mean I I"}, {"start": "00:17:34", "end": "00:17:38", "text": "don't know about releasing all of the"}, {"start": "00:17:36", "end": "00:17:41", "text": "you know all of the dark forces so to"}, {"start": "00:17:38", "end": "00:17:44", "text": "speak but I can see the cinematic value"}, {"start": "00:17:41", "end": "00:17:46", "text": "in this. Holy guys. Holy You"}, {"start": "00:17:44", "end": "00:17:48", "text": "see everyone is getting released here."}, {"start": "00:17:46", "end": "00:17:50", "text": "SB"}, {"start": "00:17:48", "end": "00:17:51", "text": "here I have some kind of joker role you"}, {"start": "00:17:50", "end": "00:17:53", "text": "know releasing the mayhem. But I like"}, {"start": "00:17:51", "end": "00:17:55", "text": "it. I like it. Releasing the mayhem."}, {"start": "00:17:53", "end": "00:17:57", "text": "Somewhere there behind is the Bitconnect"}, {"start": "00:17:55", "end": "00:18:00", "text": "guy. We release him also. It's a new"}, {"start": "00:17:57", "end": "00:18:00", "text": "super cycle."}, {"start": "00:18:00", "end": "00:18:07", "text": "I We have to watch it again. We have to"}, {"start": "00:18:02", "end": "00:18:07", "text": "watch it again. Super cycle. Let's go."}, {"start": "00:18:09", "end": "00:18:16", "text": "Big boy, get up. The super cycle needs"}, {"start": "00:18:12", "end": "00:18:16", "text": "its OGD Griggs."}, {"start": "00:18:18", "end": "00:18:24", "text": "I'm rebuilding the timeline. Try to stay"}, {"start": "00:18:21", "end": "00:18:24", "text": "out this time."}, {"start": "00:18:24", "end": "00:18:28", "text": "Holy crap. And this is AI. I mean that's"}, {"start": "00:18:26", "end": "00:18:32", "text": "crazy guys. I I I mean really now that"}, {"start": "00:18:28", "end": "00:18:33", "text": "we've seen what AI can do."}, {"start": "00:18:32", "end": "00:18:35", "text": "I think Hollywood is cooked. I mean it's"}, {"start": "00:18:33", "end": "00:18:37", "text": "cooked. If you are freaking you know I"}, {"start": "00:18:35", "end": "00:18:39", "text": "don't know what you are like artist you"}, {"start": "00:18:37", "end": "00:18:40", "text": "know you you're actor you're actor. Act"}, {"start": "00:18:39", "end": "00:18:42", "text": "I think you're going to have a hard"}, {"start": "00:18:40", "end": "00:18:43", "text": "time. You need to be influencer."}, {"start": "00:18:42", "end": "00:18:46", "text": "Influencer is different because"}, {"start": "00:18:43", "end": "00:18:49", "text": "influencer this is you know we ching"}, {"start": "00:18:46", "end": "00:18:52", "text": "here we have a chat you know we we have"}, {"start": "00:18:49", "end": "00:18:54", "text": "we have good vibe. But let's say you're"}, {"start": "00:18:52", "end": "00:18:55", "text": "actor you just do movie man. You don't"}, {"start": "00:18:54", "end": "00:18:57", "text": "you're not needed. You don't need it. I"}, {"start": "00:18:55", "end": "00:18:59", "text": "mean people will will need connection in"}, {"start": "00:18:57", "end": "00:19:01", "text": "the future that you connect to a human"}, {"start": "00:18:59", "end": "00:19:02", "text": "not AI. But you know most actors what"}, {"start": "00:19:01", "end": "00:19:04", "text": "connection you have to them? You just"}, {"start": "00:19:02", "end": "00:19:06", "text": "see them on freaking uh TV screen."}, {"start": "00:19:04", "end": "00:19:08", "text": "There's no connection. So all actors"}, {"start": "00:19:06", "end": "00:19:10", "text": "will have to be you know influencer in"}, {"start": "00:19:08", "end": "00:19:12", "text": "some way to to be relevant. Otherwise"}, {"start": "00:19:10", "end": "00:19:13", "text": "there's no relevancy. I mean man what"}, {"start": "00:19:12", "end": "00:19:16", "text": "what you can do? You can you can do"}, {"start": "00:19:13", "end": "00:19:19", "text": "acting. I can I can also do acting. You"}, {"start": "00:19:16", "end": "00:19:23", "text": "see you see me freaking I freaking joke."}, {"start": "00:19:19", "end": "00:19:23", "text": "I I released the mayhem."}, {"start": "00:19:23", "end": "00:19:28", "text": "Fantastic. reach out to small small PP"}, {"start": "00:19:26", "end": "00:19:30", "text": "who made it. Now next we have Tom Lee"}, {"start": "00:19:28", "end": "00:19:32", "text": "saying also man Tom Lee and I we're on"}, {"start": "00:19:30", "end": "00:19:35", "text": "the same page. He's also saying that the"}, {"start": "00:19:32", "end": "00:19:36", "text": "rate cut is more likely. Let's uh listen"}, {"start": "00:19:35", "end": "00:19:38", "text": "to this."}, {"start": "00:19:36", "end": "00:19:40", "text": ">> I think the odds of September hike might"}, {"start": "00:19:38", "end": "00:19:43", "text": "actually drop to zero. I know people are"}, {"start": "00:19:40", "end": "00:19:45", "text": "edging into September cautious because"}, {"start": "00:19:43", "end": "00:19:47", "text": "markets are down, oil's up, yields are"}, {"start": "00:19:45", "end": "00:19:49", "text": "up and people are talking about the"}, {"start": "00:19:47", "end": "00:19:51", "text": "seasonality. I'm going to be contrarian."}, {"start": "00:19:49", "end": "00:19:53", "text": "I think this is a setup for actually"}, {"start": "00:19:51", "end": "00:19:54", "text": "September to be a strong month for"}, {"start": "00:19:53", "end": "00:19:55", "text": "stocks."}, {"start": "00:19:54", "end": "00:19:57", "text": ">> Why?"}, {"start": "00:19:55", "end": "00:19:59", "text": ">> Well, I think one is that the inflation"}, {"start": "00:19:57", "end": "00:20:02", "text": "fears are likely to quell this month. We"}, {"start": "00:19:59", "end": "00:20:06", "text": "have the jobs report to on Friday. Next"}, {"start": "00:20:02", "end": "00:20:07", "text": "week is August CPI and then we have of"}, {"start": "00:20:06", "end": "00:20:10", "text": "course the FOMC rate decision in"}, {"start": "00:20:07", "end": "00:20:11", "text": "September. I think the sequence of those"}, {"start": "00:20:10", "end": "00:20:13", "text": "events is going to show inflation is"}, {"start": "00:20:11", "end": "00:20:15", "text": "weakening and I think the odds of"}, {"start": "00:20:13", "end": "00:20:17", "text": "September hike might actually drop to"}, {"start": "00:20:15", "end": "00:20:18", "text": "zero. I think the odds of September"}, {"start": "00:20:17", "end": "00:20:20", "text": "hike."}, {"start": "00:20:18", "end": "00:20:22", "text": ">> Yeah, I agree. I agree. I also think"}, {"start": "00:20:20", "end": "00:20:25", "text": "that it's at the end of the day guys. No"}, {"start": "00:20:22", "end": "00:20:27", "text": "one knows. I don't know. Tom don't know."}, {"start": "00:20:25", "end": "00:20:29", "text": "It's more about the expected value here."}, {"start": "00:20:27", "end": "00:20:32", "text": "What is the expected value of being bare"}, {"start": "00:20:29", "end": "00:20:34", "text": "worried about some hike when Trump"}, {"start": "00:20:32", "end": "00:20:37", "text": "literally said he wants cut Trump"}, {"start": "00:20:34", "end": "00:20:41", "text": "installed worsh after making the mistake"}, {"start": "00:20:37", "end": "00:20:42", "text": "with Powell. Um yeah, I I I think we're"}, {"start": "00:20:41", "end": "00:20:45", "text": "going to we're going to actually cut."}, {"start": "00:20:42", "end": "00:20:49", "text": "Let's see. This is more of a, you know,"}, {"start": "00:20:45", "end": "00:20:51", "text": "this is more of a um fan fun, you know,"}, {"start": "00:20:49", "end": "00:20:53", "text": "infotainment kind of prediction. I don't"}, {"start": "00:20:51", "end": "00:20:57", "text": "know if they're going to cut, but uh,"}, {"start": "00:20:53", "end": "00:21:00", "text": "you know, based on the closeness to bull"}, {"start": "00:20:57", "end": "00:21:02", "text": "flip. If we bull flipping Bitcoin, we're"}, {"start": "00:21:00", "end": "00:21:04", "text": "mega bullish anyway. And now we're we're"}, {"start": "00:21:02", "end": "00:21:06", "text": "we're accumulating a bit Bitcoin anyway."}, {"start": "00:21:04", "end": "00:21:09", "text": "I mean, with a with a smaller amount"}, {"start": "00:21:06", "end": "00:21:11", "text": "here, especially in the buy zone, don't"}, {"start": "00:21:09", "end": "00:21:13", "text": "worry about rates, the rate hike or what"}, {"start": "00:21:11", "end": "00:21:14", "text": "else. Don't worry. Don't worry. Don't"}, {"start": "00:21:13", "end": "00:21:16", "text": "worry. I think now it's time to be"}, {"start": "00:21:14", "end": "00:21:17", "text": "bullish. It's not time to be bearish."}, {"start": "00:21:16", "end": "00:21:19", "text": "You had to be bearish in October. I told"}, {"start": "00:21:17", "end": "00:21:20", "text": "you to be bearish in October. Now it's"}, {"start": "00:21:19", "end": "00:21:23", "text": "another October. You know, now it's time"}, {"start": "00:21:20", "end": "00:21:26", "text": "to be bullish. You remember here October"}, {"start": "00:21:23", "end": "00:21:28", "text": "8th. Never forget. Good evening crypto."}, {"start": "00:21:26", "end": "00:21:30", "text": "As I said in the stream on October 8th,"}, {"start": "00:21:28", "end": "00:21:34", "text": "I'm not a fan of the fake out. This was"}, {"start": "00:21:30", "end": "00:21:36", "text": "uh this was a year ago. So that was the"}, {"start": "00:21:34", "end": "00:21:38", "text": "time to be bearish. Now get out of here."}, {"start": "00:21:36", "end": "00:21:40", "text": "It's not the time to bearish. Now let's"}, {"start": "00:21:38", "end": "00:21:42", "text": "check"}, {"start": "00:21:40", "end": "00:21:46", "text": "what's happening. He's saying you guys"}, {"start": "00:21:42", "end": "00:21:48", "text": "are getting way too bearish. Sana"}, {"start": "00:21:46", "end": "00:21:50", "text": "Solanzo. Now there there are some reason"}, {"start": "00:21:48", "end": "00:21:51", "text": "to be a bit bearish Solana due to you"}, {"start": "00:21:50", "end": "00:21:53", "text": "know Robin Hood this and that. Robin"}, {"start": "00:21:51", "end": "00:21:55", "text": "Hood has all of the trading volume. The"}, {"start": "00:21:53", "end": "00:21:56", "text": "problem is that there is nothing to"}, {"start": "00:21:55", "end": "00:21:59", "text": "invest in Robin Hood like you can buy"}, {"start": "00:21:56", "end": "00:22:01", "text": "this Robin Hood stock and then you can"}, {"start": "00:21:59", "end": "00:22:02", "text": "you can participate in the trenches but"}, {"start": "00:22:01", "end": "00:22:04", "text": "currently that's not smart. We discussed"}, {"start": "00:22:02", "end": "00:22:08", "text": "it in the last stream that the the"}, {"start": "00:22:04", "end": "00:22:09", "text": "expected value of the trench currently"}, {"start": "00:22:08", "end": "00:22:12", "text": "it's more of a cazasino. I mean it's for"}, {"start": "00:22:09", "end": "00:22:14", "text": "fun but u liquidity is super thin. Even"}, {"start": "00:22:12", "end": "00:22:16", "text": "if you make good money for you to"}, {"start": "00:22:14", "end": "00:22:17", "text": "withdraw it is impossible from this meme"}, {"start": "00:22:16", "end": "00:22:20", "text": "coins. Liquidity is very thin. The"}, {"start": "00:22:17", "end": "00:22:22", "text": "biggest memecoin pawns it had it had"}, {"start": "00:22:20", "end": "00:22:24", "text": "like 3 million liquidity and there were"}, {"start": "00:22:22", "end": "00:22:27", "text": "like five guys on Twitter saying that"}, {"start": "00:22:24", "end": "00:22:30", "text": "they all have like 3 million 2 million 5"}, {"start": "00:22:27", "end": "00:22:33", "text": "million in this coin but only 3 million"}, {"start": "00:22:30", "end": "00:22:34", "text": "liquidity. Their total bag is worth like"}, {"start": "00:22:33", "end": "00:22:36", "text": "20 million but there's only 3 million"}, {"start": "00:22:34", "end": "00:22:40", "text": "liquidity. So if if anyone tries to"}, {"start": "00:22:36", "end": "00:22:42", "text": "withdraw boop back to zero. So the uh"}, {"start": "00:22:40", "end": "00:22:45", "text": "the riskreward of actually trading the"}, {"start": "00:22:42", "end": "00:22:48", "text": "shitcoins uh in the trenches on Robin"}, {"start": "00:22:45", "end": "00:22:50", "text": "Hood currently is bad but in bull market"}, {"start": "00:22:48", "end": "00:22:53", "text": "when we have old season is going to be"}, {"start": "00:22:50", "end": "00:22:57", "text": "different but so you can buy Robin Hood"}, {"start": "00:22:53", "end": "00:22:58", "text": "stock otherwise soul is the asset is is"}, {"start": "00:22:57", "end": "00:22:59", "text": "the platform where all trading is"}, {"start": "00:22:58", "end": "00:23:02", "text": "happening. So you have Robin Hood chain"}, {"start": "00:22:59", "end": "00:23:04", "text": "NAF solquid okay liquid is another one"}, {"start": "00:23:02", "end": "00:23:06", "text": "we're mega bullish hyperlquid it's bull"}, {"start": "00:23:04", "end": "00:23:07", "text": "trend fantastic. So for memes it's"}, {"start": "00:23:06", "end": "00:23:09", "text": "Solana where you can actually invest."}, {"start": "00:23:07", "end": "00:23:12", "text": "Then it's hyperlquid for leverage the"}, {"start": "00:23:09", "end": "00:23:15", "text": "this and that and then uh Robin Hood for"}, {"start": "00:23:12", "end": "00:23:16", "text": "current uh meme uh meme hype. Let's"}, {"start": "00:23:15", "end": "00:23:19", "text": "actually see the stats. This one is"}, {"start": "00:23:16", "end": "00:23:21", "text": "interesting on deck screener. Let's see"}, {"start": "00:23:19", "end": "00:23:26", "text": "how much bigger Robin Hood is versus"}, {"start": "00:23:21", "end": "00:23:31", "text": "Solana. Now uh if we look at the volume"}, {"start": "00:23:26", "end": "00:23:34", "text": "check here currently we see uh 2.4"}, {"start": "00:23:31", "end": "00:23:38", "text": "billion volume. Uh and the latest seems"}, {"start": "00:23:34", "end": "00:23:40", "text": "to be this uh artificial eno with okay"}, {"start": "00:23:38", "end": "00:23:42", "text": "to be fair this one has a bit bigger"}, {"start": "00:23:40", "end": "00:23:45", "text": "liquidity 5.7 million but also when you"}, {"start": "00:23:42", "end": "00:23:49", "text": "look uh just if you download the foromo"}, {"start": "00:23:45", "end": "00:23:51", "text": "app um by the way if you want to trade"}, {"start": "00:23:49", "end": "00:23:53", "text": "this uh I will explain to you in the"}, {"start": "00:23:51", "end": "00:23:56", "text": "next video how it's done but you know"}, {"start": "00:23:53", "end": "00:23:58", "text": "some of the guys on Robin Hood their"}, {"start": "00:23:56", "end": "00:24:00", "text": "bags are way bigger than this liquidity"}, {"start": "00:23:58", "end": "00:24:03", "text": "anyway in this coin like in this"}, {"start": "00:24:00", "end": "00:24:05", "text": "particular coin. So it's still a big"}, {"start": "00:24:03", "end": "00:24:07", "text": "massive problem with liquidity in the uh"}, {"start": "00:24:05", "end": "00:24:09", "text": "memes. And by the way, what happened to"}, {"start": "00:24:07", "end": "00:24:10", "text": "pawns? It's still pumping or see where"}, {"start": "00:24:09", "end": "00:24:12", "text": "is it even? It's not even train. It was"}, {"start": "00:24:10", "end": "00:24:15", "text": "trending. It was like the the talk of"}, {"start": "00:24:12", "end": "00:24:18", "text": "the town yesterday. This is why if you"}, {"start": "00:24:15", "end": "00:24:21", "text": "are not a Gen Z addicted to the screen"}, {"start": "00:24:18", "end": "00:24:23", "text": "for you, I mean is going to be tough for"}, {"start": "00:24:21", "end": "00:24:25", "text": "you. Where is Pon? It was the, you know,"}, {"start": "00:24:23", "end": "00:24:28", "text": "talk of the town yesterday. Oh yeah,"}, {"start": "00:24:25", "end": "00:24:31", "text": "here it is. Here it is. Uh now no one"}, {"start": "00:24:28", "end": "00:24:34", "text": "cares about it. Now it's down. Now it's"}, {"start": "00:24:31", "end": "00:24:36", "text": "this one. Now it is artificial eno. See"}, {"start": "00:24:34", "end": "00:24:38", "text": "this is the problem with being like a"}, {"start": "00:24:36", "end": "00:24:40", "text": "normal person with family because I know"}, {"start": "00:24:38", "end": "00:24:42", "text": "our audience like most of you guys you"}, {"start": "00:24:40", "end": "00:24:46", "text": "you're not Gen Z addicted to"}, {"start": "00:24:42", "end": "00:24:48", "text": "this. Most of you guys uh you are a bit"}, {"start": "00:24:46", "end": "00:24:51", "text": "older generation. I mean including"}, {"start": "00:24:48", "end": "00:24:53", "text": "myself including myself uh most of you"}, {"start": "00:24:51", "end": "00:24:55", "text": "guys are 30 plus. Most of you guys I"}, {"start": "00:24:53", "end": "00:24:58", "text": "mean for you if you enter this imagine"}, {"start": "00:24:55", "end": "00:25:00", "text": "you just bought pawns yesterday because"}, {"start": "00:24:58", "end": "00:25:01", "text": "you it was the talk of the town and now"}, {"start": "00:25:00", "end": "00:25:04", "text": "no one cares about man now it's"}, {"start": "00:25:01", "end": "00:25:06", "text": "artificial in you know you understand"}, {"start": "00:25:04", "end": "00:25:09", "text": "and you're asking me Ivan what about"}, {"start": "00:25:06", "end": "00:25:12", "text": "pawns this is the tragedy this is a"}, {"start": "00:25:09", "end": "00:25:14", "text": "tragedy this is a tragedy when we"}, {"start": "00:25:12", "end": "00:25:16", "text": "discuss the trenches which we do in the"}, {"start": "00:25:14", "end": "00:25:18", "text": "bull market some boomer buys by the way"}, {"start": "00:25:16", "end": "00:25:19", "text": "big shout to boomer I mean I'm boomer"}, {"start": "00:25:18", "end": "00:25:22", "text": "myself in some ways but some boomer buys"}, {"start": "00:25:19", "end": "00:25:24", "text": "this trench and comes back to me like"}, {"start": "00:25:22", "end": "00:25:27", "text": "five months later. Hey, Ivan, what about"}, {"start": "00:25:24", "end": "00:25:29", "text": "uh what about pawns? I'm like, what?"}, {"start": "00:25:27", "end": "00:25:32", "text": "What do you mean? Yeah. Yeah, you"}, {"start": "00:25:29", "end": "00:25:34", "text": "discussed it. I bought it. Okay, you"}, {"start": "00:25:32", "end": "00:25:36", "text": "understand that since then like 30 memes"}, {"start": "00:25:34", "end": "00:25:38", "text": "have happened."}, {"start": "00:25:36", "end": "00:25:40", "text": "Yeah, it was maybe it was just uh two"}, {"start": "00:25:38", "end": "00:25:44", "text": "weeks ago, but that's I mean that's the"}, {"start": "00:25:40", "end": "00:25:45", "text": "speed of the speed of this ponzies."}, {"start": "00:25:44", "end": "00:25:47", "text": "You got to be at the speed of the ponzi."}, {"start": "00:25:45", "end": "00:25:49", "text": "There's speed of light and there's a"}, {"start": "00:25:47", "end": "00:25:53", "text": "speed of the ponzi which is even faster."}, {"start": "00:25:49", "end": "00:25:57", "text": "Okay. So, uh that's why I think for us"}, {"start": "00:25:53", "end": "00:25:59", "text": "for us currently uh it's better to"}, {"start": "00:25:57", "end": "00:26:02", "text": "speculate on the casino itself. For"}, {"start": "00:25:59", "end": "00:26:04", "text": "example, Robin Hood stock, Solana, but"}, {"start": "00:26:02", "end": "00:26:06", "text": "is it Robin Hood? They have so so much"}, {"start": "00:26:04", "end": "00:26:08", "text": "other business quite expensive. But"}, {"start": "00:26:06", "end": "00:26:10", "text": "Soul, let's see. Is it what kind of"}, {"start": "00:26:08", "end": "00:26:12", "text": "volume it has? Still soul has more"}, {"start": "00:26:10", "end": "00:26:15", "text": "volume. Still soul has more volume. So"}, {"start": "00:26:12", "end": "00:26:18", "text": "Solana is leading, but the there is a"}, {"start": "00:26:15", "end": "00:26:20", "text": "clear dent because many people now trade"}, {"start": "00:26:18", "end": "00:26:22", "text": "on Robin Hood instead of Saul. Let's see"}, {"start": "00:26:20", "end": "00:26:24", "text": "if this is temporary or not. At the end"}, {"start": "00:26:22", "end": "00:26:25", "text": "of the day, we're just observers of the"}, {"start": "00:26:24", "end": "00:26:27", "text": "market. But what can we invest in? what"}, {"start": "00:26:25", "end": "00:26:29", "text": "is the pon the the casinos like the"}, {"start": "00:26:27", "end": "00:26:31", "text": "ponzi platform so to speak that we can"}, {"start": "00:26:29", "end": "00:26:35", "text": "buy so you can buy soul you can buy"}, {"start": "00:26:31", "end": "00:26:38", "text": "Solana still the highest volume 6.5 uh"}, {"start": "00:26:35", "end": "00:26:40", "text": "billion uh you can buy hype token you"}, {"start": "00:26:38", "end": "00:26:42", "text": "can buy so let's go through the"}, {"start": "00:26:40", "end": "00:26:45", "text": "different ways to to participate here so"}, {"start": "00:26:42", "end": "00:26:48", "text": "number one is soul soul is bull trend"}, {"start": "00:26:45", "end": "00:26:52", "text": "very nice u can easily go back here to"}, {"start": "00:26:48", "end": "00:26:56", "text": "the 300 uh that's number one number two"}, {"start": "00:26:52", "end": "00:26:58", "text": "this is for trading uh uh the leverage"}, {"start": "00:26:56", "end": "00:26:59", "text": "like stocks and everything. Let's go to"}, {"start": "00:26:58", "end": "00:27:01", "text": "which chart is bigger? Let's see. This"}, {"start": "00:26:59", "end": "00:27:03", "text": "one"}, {"start": "00:27:01", "end": "00:27:05", "text": "uh"}, {"start": "00:27:03", "end": "00:27:07", "text": "cracking bigger maybe. Anyway,"}, {"start": "00:27:05", "end": "00:27:09", "text": "Hyperlquid is obviously the the other"}, {"start": "00:27:07", "end": "00:27:11", "text": "one. This one is the platform for going"}, {"start": "00:27:09", "end": "00:27:13", "text": "long short with leverage decks."}, {"start": "00:27:11", "end": "00:27:16", "text": "Fantastic. Big buyback here. You have"}, {"start": "00:27:13", "end": "00:27:18", "text": "big big buyback. So, this is another way"}, {"start": "00:27:16", "end": "00:27:21", "text": "you can like invest in the casino"}, {"start": "00:27:18", "end": "00:27:23", "text": "without being a dig gambler yourself. Uh"}, {"start": "00:27:21", "end": "00:27:26", "text": "where you have to be at the speed of the"}, {"start": "00:27:23", "end": "00:27:26", "text": "Ponzi. Okay. Uh now with Hyperlquid"}, {"start": "00:27:26", "end": "00:27:28", "text": "obviously it's a bit different. It's"}, {"start": "00:27:26", "end": "00:27:30", "text": "more or less like buy bit decentralized."}, {"start": "00:27:28", "end": "00:27:34", "text": "So here is trading stocks with leverage,"}, {"start": "00:27:30", "end": "00:27:36", "text": "crypto with leverage on chain. Um and uh"}, {"start": "00:27:34", "end": "00:27:38", "text": "that's valid. I mean that's in bullion"}, {"start": "00:27:36", "end": "00:27:42", "text": "where people every day making uh money"}, {"start": "00:27:38", "end": "00:27:44", "text": "with leverage trading bull trends."}, {"start": "00:27:42", "end": "00:27:46", "text": "Instead of trying to catch the bottom"}, {"start": "00:27:44", "end": "00:27:49", "text": "which is very bad expected value, you"}, {"start": "00:27:46", "end": "00:27:50", "text": "have new bull bull trend start and"}, {"start": "00:27:49", "end": "00:27:52", "text": "trading that with leverage. Fantastic."}, {"start": "00:27:50", "end": "00:27:54", "text": "If you have risk management, you know,"}, {"start": "00:27:52", "end": "00:27:56", "text": "mechanical rules, fantastic. So yeah,"}, {"start": "00:27:54", "end": "00:27:58", "text": "Hyperlquid is is for that. Here you can"}, {"start": "00:27:56", "end": "00:28:03", "text": "invest in the platform and of course you"}, {"start": "00:27:58", "end": "00:28:05", "text": "can use it as well. Uh next, Pan Pan, I"}, {"start": "00:28:03", "end": "00:28:10", "text": "wouldn't uh touch the trencher trench"}, {"start": "00:28:05", "end": "00:28:12", "text": " Now uh but Pan as a coin with"}, {"start": "00:28:10", "end": "00:28:15", "text": "revenue share owning the casino is bull"}, {"start": "00:28:12", "end": "00:28:17", "text": "trend here since u August 10th."}, {"start": "00:28:15", "end": "00:28:20", "text": "Fantastic. Fantastic. Since August 10th"}, {"start": "00:28:17", "end": "00:28:22", "text": "is bull. Fantastic. Fantastic. See the"}, {"start": "00:28:20", "end": "00:28:24", "text": "difference here is that you don't have"}, {"start": "00:28:22", "end": "00:28:26", "text": "to be at the speed of the Ponzi here."}, {"start": "00:28:24", "end": "00:28:28", "text": "You can buy, you can let it be for"}, {"start": "00:28:26", "end": "00:28:31", "text": "weeks. Okay? Of course, you need to"}, {"start": "00:28:28", "end": "00:28:33", "text": "manage risk, stop-loss, yada yada."}, {"start": "00:28:31", "end": "00:28:35", "text": "Everyone in Bulman knows. But still,"}, {"start": "00:28:33", "end": "00:28:37", "text": "here"}, {"start": "00:28:35", "end": "00:28:39", "text": "you can you can have an actual strategy."}, {"start": "00:28:37", "end": "00:28:40", "text": "You have an actual strategy. You"}, {"start": "00:28:39", "end": "00:28:43", "text": "execute, you see the trend, you set stop"}, {"start": "00:28:40", "end": "00:28:44", "text": "loss. With the um with the trenches,"}, {"start": "00:28:43", "end": "00:28:46", "text": "there's no way to have a strategy. I"}, {"start": "00:28:44", "end": "00:28:49", "text": "mean, you just uh gamble. You just"}, {"start": "00:28:46", "end": "00:28:51", "text": "gamble. Okay? uh- which is fine if"}, {"start": "00:28:49", "end": "00:28:54", "text": "there's old season and you can just"}, {"start": "00:28:51", "end": "00:28:56", "text": "throw dart and wherever wherever dart"}, {"start": "00:28:54", "end": "00:29:00", "text": "lands it's Valhalla. So yeah that's some"}, {"start": "00:28:56", "end": "00:29:02", "text": "u that's my view on the current trench."}, {"start": "00:29:00", "end": "00:29:04", "text": "Uh after being in the trench a lot guys"}, {"start": "00:29:02", "end": "00:29:08", "text": "in the last season I can tell you that"}, {"start": "00:29:04", "end": "00:29:10", "text": "uh trench expected value even in bull"}, {"start": "00:29:08", "end": "00:29:12", "text": "market is not great but now it's very"}, {"start": "00:29:10", "end": "00:29:16", "text": "bad. It's very very bad. But anyway uh"}, {"start": "00:29:12", "end": "00:29:20", "text": "let's move on. Some of the trench coins"}, {"start": "00:29:16", "end": "00:29:23", "text": "will level up into big ones. Let's say"}, {"start": "00:29:20", "end": "00:29:25", "text": "dog with hat. Those perfect example or"}, {"start": "00:29:23", "end": "00:29:28", "text": "peppermint"}, {"start": "00:29:25", "end": "00:29:29", "text": "also perfect example. When that shift"}, {"start": "00:29:28", "end": "00:29:32", "text": "happens, we're going to let you know"}, {"start": "00:29:29", "end": "00:29:35", "text": "that that's a very important shift. Uh"}, {"start": "00:29:32", "end": "00:29:38", "text": "now let's look at what's happening with"}, {"start": "00:29:35", "end": "00:29:42", "text": "uh uh the different players. You have"}, {"start": "00:29:38", "end": "00:29:44", "text": "Sana, you have Robin Hood chain, you"}, {"start": "00:29:42", "end": "00:29:46", "text": "have BNB chain. And this guy from Sana"}, {"start": "00:29:44", "end": "00:29:47", "text": "is basically explaining how their"}, {"start": "00:29:46", "end": "00:29:49", "text": "position. So you have to understand Sana"}, {"start": "00:29:47", "end": "00:29:51", "text": "is carrying the torch for an open system"}, {"start": "00:29:49", "end": "00:29:54", "text": "alone. There's no exchange with millions"}, {"start": "00:29:51", "end": "00:29:56", "text": "of existing traders to feed from. Uh"}, {"start": "00:29:54", "end": "00:29:58", "text": "like for example with Robin Hood,"}, {"start": "00:29:56", "end": "00:30:02", "text": "there's no listing mechanism or Vlad or"}, {"start": "00:29:58", "end": "00:30:04", "text": "CZ to wave a magic wand. There's no Jeff"}, {"start": "00:30:02", "end": "00:30:07", "text": "to add new features every week. is just"}, {"start": "00:30:04", "end": "00:30:09", "text": "the Sana community. Those people who"}, {"start": "00:30:07", "end": "00:30:11", "text": "chew glass for breakfast. If you build"}, {"start": "00:30:09", "end": "00:30:12", "text": "on Solana, you're a chat by default."}, {"start": "00:30:11", "end": "00:30:14", "text": "You're not chasing trends or listings."}, {"start": "00:30:12", "end": "00:30:16", "text": "You want to win as big as possible on"}, {"start": "00:30:14", "end": "00:30:20", "text": "your own terms. You're not waiting for"}, {"start": "00:30:16", "end": "00:30:23", "text": "approval. Now, this it's true. It's"}, {"start": "00:30:20", "end": "00:30:25", "text": "true. Salana is the only open system,"}, {"start": "00:30:23", "end": "00:30:28", "text": "decentralized system that can compete"}, {"start": "00:30:25", "end": "00:30:31", "text": "with the corporate chains. At the same"}, {"start": "00:30:28", "end": "00:30:32", "text": "time, I don't really like the cop. It's"}, {"start": "00:30:31", "end": "00:30:34", "text": "kind, you know, like when ETH started to"}, {"start": "00:30:32", "end": "00:30:36", "text": "lose against Sana, they all said, \"Oh,"}, {"start": "00:30:34", "end": "00:30:39", "text": "you know, it's centralized and we are,"}, {"start": "00:30:36", "end": "00:30:41", "text": "we're better. Why? No one knows why."}, {"start": "00:30:39", "end": "00:30:43", "text": "You're freaking slow. You have a million"}, {"start": "00:30:41", "end": "00:30:46", "text": "L2. No one care.\" You know, don't get"}, {"start": "00:30:43", "end": "00:30:49", "text": "into cope. If Solana guys are watching,"}, {"start": "00:30:46", "end": "00:30:52", "text": "don't cope. Don't cope. Get the damn"}, {"start": "00:30:49", "end": "00:30:54", "text": "revenue up. Get the damn volume up. No"}, {"start": "00:30:52", "end": "00:30:56", "text": "coping. No coping not allowed. Not"}, {"start": "00:30:54", "end": "00:30:57", "text": "allowed. Uh, you know this, you know, oh"}, {"start": "00:30:56", "end": "00:31:00", "text": "guys, you're great because you're not"}, {"start": "00:30:57", "end": "00:31:02", "text": "chasing. I don't know, man. Like there"}, {"start": "00:31:00", "end": "00:31:04", "text": "are many people that uh successfully"}, {"start": "00:31:02", "end": "00:31:06", "text": "shift to Robin Hood and they their app"}, {"start": "00:31:04", "end": "00:31:08", "text": "becomes big. Just look at pawns. Pawns"}, {"start": "00:31:06", "end": "00:31:11", "text": "could not be big on Solana because there"}, {"start": "00:31:08", "end": "00:31:14", "text": "is pump already. Pawns could become big"}, {"start": "00:31:11", "end": "00:31:17", "text": "on Robin Hood because they were new. So"}, {"start": "00:31:14", "end": "00:31:19", "text": "yeah, I mean as business founder that"}, {"start": "00:31:17", "end": "00:31:21", "text": "founder you should go wherever you can"}, {"start": "00:31:19", "end": "00:31:23", "text": "make the most money not stay on Solana"}, {"start": "00:31:21", "end": "00:31:26", "text": "because you know you you're holy. So but"}, {"start": "00:31:23", "end": "00:31:28", "text": "anyway partially true that it is open"}, {"start": "00:31:26", "end": "00:31:29", "text": "system. Open systems will win because"}, {"start": "00:31:28", "end": "00:31:31", "text": "they're fundamentally better. They won't"}, {"start": "00:31:29", "end": "00:31:33", "text": "always be the sexiest new thing. I mean,"}, {"start": "00:31:31", "end": "00:31:36", "text": "overall, I agree with this. Yeah. Uh,"}, {"start": "00:31:33", "end": "00:31:39", "text": "open system long-term is going to win"}, {"start": "00:31:36", "end": "00:31:40", "text": "except the only exception, guys, is in"}, {"start": "00:31:39", "end": "00:31:44", "text": "case"}, {"start": "00:31:40", "end": "00:31:48", "text": "Robin Hood does a coin. Okay. If Robin"}, {"start": "00:31:44", "end": "00:31:48", "text": "Hood does a coin, oh,"}, {"start": "00:31:50", "end": "00:31:53", "text": "it's going to be crazy. If Robin Hood"}, {"start": "00:31:52", "end": "00:31:54", "text": "chain does a coin, it's going to be"}, {"start": "00:31:53", "end": "00:31:56", "text": "crazy because now, okay, I'm bullish."}, {"start": "00:31:54", "end": "00:31:58", "text": "Robin, what to buy? I don't want to buy"}, {"start": "00:31:56", "end": "00:31:59", "text": "the ponzies. What to buy? Robin Hood"}, {"start": "00:31:58", "end": "00:32:01", "text": "stock. Is that what I buy? What? What to"}, {"start": "00:31:59", "end": "00:32:03", "text": "buy?"}, {"start": "00:32:01", "end": "00:32:04", "text": "What to buy? I don't buy ETH because"}, {"start": "00:32:03", "end": "00:32:07", "text": "Robin Hood will not help ETH. Okay. What"}, {"start": "00:32:04", "end": "00:32:09", "text": "to buy? You understand? Anyway, that's"}, {"start": "00:32:07", "end": "00:32:11", "text": "that."}, {"start": "00:32:09", "end": "00:32:13", "text": "Let's see what's going to happen. But we"}, {"start": "00:32:11", "end": "00:32:19", "text": "look at the trend and trend is bull for"}, {"start": "00:32:13", "end": "00:32:21", "text": "pump. It's bull for Sana. It's bull for"}, {"start": "00:32:19", "end": "00:32:22", "text": "I mean to be fair, it's also bull for"}, {"start": "00:32:21", "end": "00:32:25", "text": "Robin Hood the stock. We love the Robin"}, {"start": "00:32:22", "end": "00:32:26", "text": "Hood stock."}, {"start": "00:32:25", "end": "00:32:29", "text": "Uh the issue is that all of the all of"}, {"start": "00:32:26", "end": "00:32:32", "text": "the suits are in. I mean it's it's not"}, {"start": "00:32:29", "end": "00:32:35", "text": "like bol it can still go to a thousand"}, {"start": "00:32:32", "end": "00:32:38", "text": "here can go to it's already such priced"}, {"start": "00:32:35", "end": "00:32:42", "text": "in it's pricing to such an extent it"}, {"start": "00:32:38", "end": "00:32:45", "text": "just tougher but all in all good uh uh"}, {"start": "00:32:42", "end": "00:32:47", "text": "bull flip the re the reason why with"}, {"start": "00:32:45", "end": "00:32:49", "text": "something like Robin Hood stock the"}, {"start": "00:32:47", "end": "00:32:52", "text": "whole Wall Street has eyes on it like"}, {"start": "00:32:49", "end": "00:32:54", "text": "every mfer has eyes on it if they do a"}, {"start": "00:32:52", "end": "00:32:56", "text": "coin is going to be different because"}, {"start": "00:32:54", "end": "00:32:59", "text": "many Wall Streets Wall Street suits"}, {"start": "00:32:56", "end": "00:33:02", "text": "they're too nice like they they see"}, {"start": "00:32:59", "end": "00:33:04", "text": "themselves as too, you know, too clean"}, {"start": "00:33:02", "end": "00:33:05", "text": "for crypto and I love that because then"}, {"start": "00:33:04", "end": "00:33:07", "text": "they're not part of the rally. They"}, {"start": "00:33:05", "end": "00:33:10", "text": "don't price in price in the rally too"}, {"start": "00:33:07", "end": "00:33:12", "text": "fast. You understand? But anyway, hype"}, {"start": "00:33:10", "end": "00:33:15", "text": "bullish, Solana bullish, Robin Hood"}, {"start": "00:33:12", "end": "00:33:19", "text": "stock bullish,"}, {"start": "00:33:15", "end": "00:33:21", "text": "palan bullish, bull market coming in a"}, {"start": "00:33:19", "end": "00:33:24", "text": "big big way. Super cycle coming in a big"}, {"start": "00:33:21", "end": "00:33:27", "text": "big way. Does that Oh, also Solana NFTs"}, {"start": "00:33:24", "end": "00:33:29", "text": "are now on OpenC. I think NFTs are going"}, {"start": "00:33:27", "end": "00:33:32", "text": "to have a comeback uh in one way or"}, {"start": "00:33:29", "end": "00:33:36", "text": "another. Let's watch this ad"}, {"start": "00:33:32", "end": "00:33:39", "text": "from Claazor man. Clenosaur. The"}, {"start": "00:33:36", "end": "00:33:39", "text": "Clinazor."}, {"start": "00:33:41", "end": "00:33:44", "text": "Let me know if you love the Clenosor,"}, {"start": "00:33:43", "end": "00:33:47", "text": "guys. You're a 50-year-old dude. You"}, {"start": "00:33:44", "end": "00:33:49", "text": "love the freaking Clenosur. Let's hear"}, {"start": "00:33:47", "end": "00:33:51", "text": "it. Why not P? Okay. Penguin is not"}, {"start": "00:33:49", "end": "00:33:55", "text": "native SL. Okay, I understand."}, {"start": "00:33:51", "end": "00:33:55", "text": "Understand. Let's see what it say."}, {"start": "00:34:21", "end": "00:34:24", "text": "What happened?"}, {"start": "00:34:49", "end": "00:34:54", "text": "Yeah. See, see this why the west is"}, {"start": "00:34:51", "end": "00:34:56", "text": "losing, you know, freaking plan or this"}, {"start": "00:34:54", "end": "00:34:59", "text": "this what dudes in the west are doing,"}, {"start": "00:34:56", "end": "00:34:59", "text": "you know."}, {"start": "00:35:10", "end": "00:35:13", "text": "Heat."}, {"start": "00:35:30", "end": "00:35:33", "text": "Heat."}, {"start": "00:35:41", "end": "00:35:46", "text": "Yeah, fant. I mean, I love I love that"}, {"start": "00:35:43", "end": "00:35:48", "text": "Slan is now on OpenC. It's very good."}, {"start": "00:35:46", "end": "00:35:50", "text": "But there there is something with, you"}, {"start": "00:35:48", "end": "00:35:53", "text": "know, I I like NFTTS or when they are"}, {"start": "00:35:50", "end": "00:35:56", "text": "pictures. I like when they are pictures,"}, {"start": "00:35:53", "end": "00:35:58", "text": "but when they become this like cartoons,"}, {"start": "00:35:56", "end": "00:36:00", "text": "I don't know. I I don't like them as"}, {"start": "00:35:58", "end": "00:36:03", "text": "much. I don't know what it is, guys. I"}, {"start": "00:36:00", "end": "00:36:04", "text": "don't like this freaking cartoon. When"}, {"start": "00:36:03", "end": "00:36:06", "text": "it is a picture, it's it's more, you"}, {"start": "00:36:04", "end": "00:36:09", "text": "know, collectible. But when they be when"}, {"start": "00:36:06", "end": "00:36:13", "text": "they animate them, it's like, what the"}, {"start": "00:36:09", "end": "00:36:13", "text": " is it? What?"}, {"start": "00:36:15", "end": "00:36:18", "text": "Yeah."}, {"start": "00:36:18", "end": "00:36:21", "text": "Yeah. Let Let me know what you guys"}, {"start": "00:36:19", "end": "00:36:24", "text": "think. Let me know what you guys think."}, {"start": "00:36:21", "end": "00:36:27", "text": "I don't think that this is good for NFC,"}, {"start": "00:36:24", "end": "00:36:29", "text": "like this animator stuff. Don't animate."}, {"start": "00:36:27", "end": "00:36:34", "text": "Make them cards. They're collectible"}, {"start": "00:36:29", "end": "00:36:36", "text": "cards. I don't see myself, you know."}, {"start": "00:36:34", "end": "00:36:39", "text": "This doesn't look expensive, you know."}, {"start": "00:36:36", "end": "00:36:45", "text": "You understand?"}, {"start": "00:36:39", "end": "00:36:45", "text": "Yeah. Clinazor. Yeah. Yeah. Wow."}, {"start": "00:36:50", "end": "00:36:59", "text": "Wow. Sana. Yeah. I don't know. What do"}, {"start": "00:36:53", "end": "00:36:59", "text": "you think? Maybe I'm alone in this view."}, {"start": "00:37:00", "end": "00:37:06", "text": "I mean, obviously"}, {"start": "00:37:02", "end": "00:37:10", "text": "I am a freaking penguin online."}, {"start": "00:37:06", "end": "00:37:13", "text": "My my picture is penguin."}, {"start": "00:37:10", "end": "00:37:16", "text": "But if it's not if it's just a penguin,"}, {"start": "00:37:13", "end": "00:37:18", "text": "I don't know. It It seems more"}, {"start": "00:37:16", "end": "00:37:19", "text": "I can see it being expensive. You"}, {"start": "00:37:18", "end": "00:37:22", "text": "understand? It's like penguin is"}, {"start": "00:37:19", "end": "00:37:25", "text": "expensive when they animate this kid"}, {"start": "00:37:22", "end": "00:37:27", "text": "show. I don't know, guys. I don't know."}, {"start": "00:37:25", "end": "00:37:29", "text": "Anyway, that's that. Let's go to Q&A."}, {"start": "00:37:27", "end": "00:37:32", "text": "Okay. questions, answers, debates,"}, {"start": "00:37:29", "end": "00:37:34", "text": "discussions. Go to"}, {"start": "00:37:32", "end": "00:37:36", "text": "bullmania.com/subscribe"}, {"start": "00:37:34", "end": "00:37:40", "text": "is the first link in description. Sign"}, {"start": "00:37:36", "end": "00:37:43", "text": "up, enter your email."}, {"start": "00:37:40", "end": "00:37:45", "text": "Uh, subscribe read newsletter about the"}, {"start": "00:37:43", "end": "00:37:47", "text": "market. I mean, this just this is"}, {"start": "00:37:45", "end": "00:37:51", "text": "life-changing. I mean, we called the"}, {"start": "00:37:47", "end": "00:37:54", "text": "biggest moves here uh in a very"}, {"start": "00:37:51", "end": "00:37:57", "text": "summarized short way."}, {"start": "00:37:54", "end": "00:37:58", "text": "And also once you can join Bulmania it's"}, {"start": "00:37:57", "end": "00:38:02", "text": "going to be in this you're gonna get an"}, {"start": "00:37:58", "end": "00:38:04", "text": "email for now it's closed as we are"}, {"start": "00:38:02", "end": "00:38:09", "text": "onboarding the current cohort but when"}, {"start": "00:38:04", "end": "00:38:12", "text": "it opens be fast book a call with us in"}, {"start": "00:38:09", "end": "00:38:14", "text": "the email okay that we get so let's go"}, {"start": "00:38:12", "end": "00:38:17", "text": "to"}, {"start": "00:38:14", "end": "00:38:19", "text": "Q&A questions answer yes big shout to to"}, {"start": "00:38:17", "end": "00:38:21", "text": "dab for time something very very nice"}, {"start": "00:38:19", "end": "00:38:24", "text": "very very nice"}, {"start": "00:38:21", "end": "00:38:24", "text": "so let's"}, {"start": "00:38:28", "end": "00:38:35", "text": "A project called for got a billion."}, {"start": "00:38:31", "end": "00:38:35", "text": "That's true. Exactly. Exactly."}, {"start": "00:38:36", "end": "00:38:42", "text": "What is mine line? Is it a moving"}, {"start": "00:38:38", "end": "00:38:42", "text": "average? It's not moving average."}, {"start": "00:38:45", "end": "00:38:50", "text": "I mean, you should buy a Ralph Lauren"}, {"start": "00:38:48", "end": "00:38:55", "text": "peak coat."}, {"start": "00:38:50", "end": "00:38:55", "text": "Peak coat. for this peak coat."}, {"start": "00:38:56", "end": "00:39:00", "text": "Let me see."}, {"start": "00:38:58", "end": "00:39:03", "text": "Ah, no. See, I I I mean I will not wear"}, {"start": "00:39:00", "end": "00:39:07", "text": "it. That's the problem because uh it's"}, {"start": "00:39:03", "end": "00:39:09", "text": "too hot. I'm in a hot climate."}, {"start": "00:39:07", "end": "00:39:10", "text": "But sometimes, no, I look I look at"}, {"start": "00:39:09", "end": "00:39:12", "text": "clothes. I'm like, man, let's go"}, {"start": "00:39:10", "end": "00:39:14", "text": "somewhere cold so we can buy some, you"}, {"start": "00:39:12", "end": "00:39:17", "text": "know, some something like this."}, {"start": "00:39:14", "end": "00:39:19", "text": "This cycle Robin Hood becomes a massive"}, {"start": "00:39:17", "end": "00:39:21", "text": "onchain retail platform and Uni is the"}, {"start": "00:39:19", "end": "00:39:25", "text": "liquidity engine. Uni is the cleanest"}, {"start": "00:39:21", "end": "00:39:26", "text": "way to express that."}, {"start": "00:39:25", "end": "00:39:29", "text": "Yeah, it could be. It could be actually."}, {"start": "00:39:26", "end": "00:39:32", "text": "Let's see."}, {"start": "00:39:29", "end": "00:39:33", "text": "Let's see the So, unis swap is u there"}, {"start": "00:39:32", "end": "00:39:35", "text": "could be something to that because unis"}, {"start": "00:39:33", "end": "00:39:37", "text": "swap is"}, {"start": "00:39:35", "end": "00:39:39", "text": "up 50% since the bull flip on the money"}, {"start": "00:39:37", "end": "00:39:42", "text": "line"}, {"start": "00:39:39", "end": "00:39:45", "text": "which was August 3rd."}, {"start": "00:39:42", "end": "00:39:50", "text": "So, uh yeah, that that that could be"}, {"start": "00:39:45", "end": "00:39:52", "text": "that that could be reasonable."}, {"start": "00:39:50", "end": "00:39:54", "text": "See, but you have an idea. If if uh unis"}, {"start": "00:39:52", "end": "00:39:57", "text": "swap would be bearish, I would say it's"}, {"start": "00:39:54", "end": "00:39:59", "text": "fugazi. Your idea is fugghazi because uh"}, {"start": "00:39:57", "end": "00:40:02", "text": "there is bull trend."}, {"start": "00:39:59", "end": "00:40:04", "text": "Good. That that that then your idea"}, {"start": "00:40:02", "end": "00:40:06", "text": "could make sense. Okay. We need all"}, {"start": "00:40:04", "end": "00:40:09", "text": "whatever ideas we have, they need to be"}, {"start": "00:40:06", "end": "00:40:12", "text": "confirmed by bull trend. Otherwise, get"}, {"start": "00:40:09", "end": "00:40:14", "text": "out. Everyone has idea. Ada has so many"}, {"start": "00:40:12", "end": "00:40:16", "text": "ideas, man. Charles Hosa, they have so"}, {"start": "00:40:14", "end": "00:40:20", "text": "many ideas."}, {"start": "00:40:16", "end": "00:40:22", "text": "All of the ideas. Then dot polalot so"}, {"start": "00:40:20", "end": "00:40:24", "text": "many ideas man so I I we have enough"}, {"start": "00:40:22", "end": "00:40:26", "text": "with ideas everyone has such idea on the"}, {"start": "00:40:24", "end": "00:40:28", "text": "market what's going to happen but you"}, {"start": "00:40:26", "end": "00:40:32", "text": "need to deliver you need to deliver"}, {"start": "00:40:28", "end": "00:40:36", "text": "freaking pump and here and here there is"}, {"start": "00:40:32", "end": "00:40:39", "text": "a bit of a pump so that's that's good"}, {"start": "00:40:36", "end": "00:40:43", "text": "now is let's see on Robin chain is unis"}, {"start": "00:40:39", "end": "00:40:45", "text": "swap the biggest decks"}, {"start": "00:40:43", "end": "00:40:47", "text": "like all of these memes are they trading"}, {"start": "00:40:45", "end": "00:40:51", "text": "on unis swap or they have like their own"}, {"start": "00:40:47", "end": "00:40:54", "text": "some kind of DEX. Let's see. Let's go to"}, {"start": "00:40:51", "end": "00:40:58", "text": "Robin Hood on DeFi Lama. Let's see"}, {"start": "00:40:54", "end": "00:40:58", "text": "what's happening."}, {"start": "00:40:58", "end": "00:41:04", "text": "Dexes big Dexes fees paid. Unis swap."}, {"start": "00:41:02", "end": "00:41:06", "text": "See, unis swap is the biggest app on on"}, {"start": "00:41:04", "end": "00:41:08", "text": "Robin Hood. So, that was actually quite"}, {"start": "00:41:06", "end": "00:41:10", "text": "smart what you said there. It's very"}, {"start": "00:41:08", "end": "00:41:15", "text": "smart. Unis swap is the highest. Then it"}, {"start": "00:41:10", "end": "00:41:15", "text": "spawns then it is GMGN."}, {"start": "00:41:16", "end": "00:41:19", "text": "Yeah. Yeah, I I think that's quite"}, {"start": "00:41:18", "end": "00:41:22", "text": "interesting actually as a thesis that"}, {"start": "00:41:19", "end": "00:41:24", "text": "that's that's an interesting thesis"}, {"start": "00:41:22", "end": "00:41:28", "text": "because it's also confirmed by the data."}, {"start": "00:41:24", "end": "00:41:32", "text": "The data and most importantly the bull"}, {"start": "00:41:28", "end": "00:41:37", "text": "flip is confirmed by bull flip."}, {"start": "00:41:32", "end": "00:41:39", "text": "So you have morpho or staking good uh"}, {"start": "00:41:37", "end": "00:41:44", "text": "what is this steakhouse?"}, {"start": "00:41:39", "end": "00:41:46", "text": "No one cares. Uh unis swap well it is"}, {"start": "00:41:44", "end": "00:41:52", "text": "quite big risk are not count. Okay, unis"}, {"start": "00:41:46", "end": "00:41:56", "text": "swap good lighter good. Yeah,"}, {"start": "00:41:52", "end": "00:41:58", "text": "but should unis swap go bare then for"}, {"start": "00:41:56", "end": "00:42:01", "text": "forget this idea. But yeah, it's kind of"}, {"start": "00:41:58", "end": "00:42:06", "text": "a big fall for it to go bare."}, {"start": "00:42:01", "end": "00:42:06", "text": "But yeah, up 50% since the flip."}, {"start": "00:42:06", "end": "00:42:12", "text": "Yeah, thanks for the for the"}, {"start": "00:42:07", "end": "00:42:12", "text": "perspective. I think it makes sense."}, {"start": "00:42:12", "end": "00:42:17", "text": "What do you think of old meme coins? Do"}, {"start": "00:42:16", "end": "00:42:19", "text": "uh what do you think of old meme coins?"}, {"start": "00:42:17", "end": "00:42:21", "text": "But like really old like Peppa coin from"}, {"start": "00:42:19", "end": "00:42:24", "text": "2016? I I have no opinion. I'm not"}, {"start": "00:42:21", "end": "00:42:28", "text": "buying it. I have no opinion. Peppa coin"}, {"start": "00:42:24", "end": "00:42:29", "text": "from 2016. Okay. It's like on ETH or"}, {"start": "00:42:28", "end": "00:42:32", "text": "where?"}, {"start": "00:42:29", "end": "00:42:34", "text": "No, I have no opinion about old"}, {"start": "00:42:32", "end": "00:42:36", "text": "memecoin. You know, we we mainly care"}, {"start": "00:42:34", "end": "00:42:38", "text": "about things that are in bull trend and"}, {"start": "00:42:36", "end": "00:42:40", "text": "uh and relevant."}, {"start": "00:42:38", "end": "00:42:43", "text": "Lighter looking lighter looking very"}, {"start": "00:42:40", "end": "00:42:47", "text": "good. It's up 173%."}, {"start": "00:42:43", "end": "00:42:49", "text": "since the bull flip in May"}, {"start": "00:42:47", "end": "00:42:51", "text": "all time high after all them fantastic"}, {"start": "00:42:49", "end": "00:42:53", "text": "fantastic light looking very good but"}, {"start": "00:42:51", "end": "00:42:56", "text": "yeah if you have some perspective on"}, {"start": "00:42:53", "end": "00:42:59", "text": "pepper from 2016 let let us know but uh"}, {"start": "00:42:56", "end": "00:43:02", "text": "I don't know it sounds"}, {"start": "00:42:59", "end": "00:43:04", "text": "let's see pepper"}, {"start": "00:43:02", "end": "00:43:08", "text": "I I never had pepper from 2016 I don't"}, {"start": "00:43:04", "end": "00:43:10", "text": "even know how to look it pepper"}, {"start": "00:43:08", "end": "00:43:14", "text": "is this one"}, {"start": "00:43:10", "end": "00:43:14", "text": "maybe it pumps let's see I don't"}, {"start": "00:43:14", "end": "00:43:19", "text": "Max, max max. No, it's not this one."}, {"start": "00:43:17", "end": "00:43:22", "text": "This is some other one. Yeah, I don't"}, {"start": "00:43:19", "end": "00:43:25", "text": "even know how to look at it. So, you"}, {"start": "00:43:22", "end": "00:43:28", "text": "see, I have no opinion. We need bull"}, {"start": "00:43:25", "end": "00:43:30", "text": "trend. It's not even on coin gecko"}, {"start": "00:43:28", "end": "00:43:33", "text": "pepper. I just see other pepas. There"}, {"start": "00:43:30", "end": "00:43:33", "text": "are quite a few."}, {"start": "00:43:37", "end": "00:43:42", "text": "And what do you think about safeguarding"}, {"start": "00:43:39", "end": "00:43:45", "text": "wealth by buying crypto gold? You mean"}, {"start": "00:43:42", "end": "00:43:48", "text": "tokenized gold or what? Tokenized gold"}, {"start": "00:43:45", "end": "00:43:50", "text": "is not the best. And the reason is"}, {"start": "00:43:48", "end": "00:43:52", "text": "because"}, {"start": "00:43:50", "end": "00:43:54", "text": "you have an issue. What happens if it"}, {"start": "00:43:52", "end": "00:43:58", "text": "goes bankrupt? Who the hell knows? No"}, {"start": "00:43:54", "end": "00:44:00", "text": "one knows here. If you want to buy gold,"}, {"start": "00:43:58", "end": "00:44:02", "text": "the best thing is physical gold, but it"}, {"start": "00:44:00", "end": "00:44:04", "text": "may be in impractical. And also physical"}, {"start": "00:44:02", "end": "00:44:05", "text": "gold industry is a bit of a scam. Like"}, {"start": "00:44:04", "end": "00:44:07", "text": "if you go to this, you know, bullion"}, {"start": "00:44:05", "end": "00:44:08", "text": "when they sell you, not bullion, but"}, {"start": "00:44:07", "end": "00:44:12", "text": "when they actually sell you like gold"}, {"start": "00:44:08", "end": "00:44:14", "text": "bars, they say that ETFs are scam. Gold"}, {"start": "00:44:12", "end": "00:44:17", "text": "ETFs are scam. But actually,"}, {"start": "00:44:14", "end": "00:44:19", "text": "this like gold sellers, they're the"}, {"start": "00:44:17", "end": "00:44:22", "text": "biggest scam. They're going to sell you"}, {"start": "00:44:19", "end": "00:44:24", "text": "gold is like 40% more expensive than it"}, {"start": "00:44:22", "end": "00:44:27", "text": "should be. It's hard to verify like this"}, {"start": "00:44:24", "end": "00:44:29", "text": "physical gold propaganda. You have to be"}, {"start": "00:44:27", "end": "00:44:32", "text": "very careful with it. Very careful. Now"}, {"start": "00:44:29", "end": "00:44:34", "text": "obviously if you have a way to buy gold"}, {"start": "00:44:32", "end": "00:44:37", "text": "that's physical that's close to the spot"}, {"start": "00:44:34", "end": "00:44:39", "text": "price fantastic fantastic but most"}, {"start": "00:44:37", "end": "00:44:41", "text": "people there's no way for you to buy."}, {"start": "00:44:39", "end": "00:44:42", "text": "Okay, you go to, you know, to your shop."}, {"start": "00:44:41", "end": "00:44:45", "text": "Maybe in Dubai, you go to this gold"}, {"start": "00:44:42", "end": "00:44:47", "text": "market, you can buy, but then how do you"}, {"start": "00:44:45", "end": "00:44:49", "text": "know it's real? Uh, so all of this like"}, {"start": "00:44:47", "end": "00:44:50", "text": "physical gold, you have to be super"}, {"start": "00:44:49", "end": "00:44:52", "text": "careful. Super careful. Most people"}, {"start": "00:44:50", "end": "00:44:53", "text": "going to sell you like fugazi coins."}, {"start": "00:44:52", "end": "00:44:56", "text": "They tell you it's so rare, it's so"}, {"start": "00:44:53", "end": "00:44:59", "text": "rare, is gold so rare, fugazi, fugazi,"}, {"start": "00:44:56", "end": "00:45:01", "text": "fugazi. So if you want to diversify"}, {"start": "00:44:59", "end": "00:45:03", "text": "portfolio, which makes sense if you have"}, {"start": "00:45:01", "end": "00:45:04", "text": "a big portfolio in bulmania, we"}, {"start": "00:45:03", "end": "00:45:06", "text": "discussed we have a whole section on"}, {"start": "00:45:04", "end": "00:45:08", "text": "staying rich because people get rich,"}, {"start": "00:45:06", "end": "00:45:10", "text": "then they lose money. But you you get"}, {"start": "00:45:08", "end": "00:45:12", "text": "rich by taking risk, by being in crypto,"}, {"start": "00:45:10", "end": "00:45:15", "text": "by uh gold is not going to make you"}, {"start": "00:45:12", "end": "00:45:17", "text": "rich. I mean, it's a stay rich, uh"}, {"start": "00:45:15", "end": "00:45:20", "text": "mechanism."}, {"start": "00:45:17", "end": "00:45:23", "text": "And so, uh yeah, then it makes perfect"}, {"start": "00:45:20", "end": "00:45:25", "text": "sense. Uh you when you're rich, you want"}, {"start": "00:45:23", "end": "00:45:27", "text": "to diversify. Okay? You don't you don't"}, {"start": "00:45:25", "end": "00:45:30", "text": "want to risk. You want to diversify."}, {"start": "00:45:27", "end": "00:45:31", "text": "Want to diversify so nothing happens to"}, {"start": "00:45:30", "end": "00:45:34", "text": "your money because your money can print"}, {"start": "00:45:31", "end": "00:45:37", "text": "5% per year just in treasuries. Like"}, {"start": "00:45:34", "end": "00:45:40", "text": "people ask me Ivan um how you pay for"}, {"start": "00:45:37", "end": "00:45:42", "text": "private J you know I didn't pay for it"}, {"start": "00:45:40", "end": "00:45:44", "text": "but you know Scott Besson paid for it"}, {"start": "00:45:42", "end": "00:45:51", "text": "Donald Trump paid for it"}, {"start": "00:45:44", "end": "00:45:51", "text": "just from treasuries you get 5% per year"}, {"start": "00:45:51", "end": "00:45:56", "text": "and the US is the best creditor u how"}, {"start": "00:45:53", "end": "00:45:58", "text": "you say citor dep like there's no one"}, {"start": "00:45:56", "end": "00:46:02", "text": "else you give money to basically that"}, {"start": "00:45:58", "end": "00:46:04", "text": "than the US uh for this uh debt okay is"}, {"start": "00:46:02", "end": "00:46:07", "text": "it risk free know that's why you have"}, {"start": "00:46:04", "end": "00:46:08", "text": "diversified you have stocks B you know"}, {"start": "00:46:07", "end": "00:46:10", "text": "once you become rich guys you have you"}, {"start": "00:46:08", "end": "00:46:12", "text": "have to ensure you don't lose it in"}, {"start": "00:46:10", "end": "00:46:14", "text": "bulmania we focus a lot on that a lot a"}, {"start": "00:46:12", "end": "00:46:16", "text": "lot a lot a lot"}, {"start": "00:46:14", "end": "00:46:17", "text": "because we also hear so many stories"}, {"start": "00:46:16", "end": "00:46:19", "text": "when people want to join bulmania some"}, {"start": "00:46:17", "end": "00:46:22", "text": "of them say oh when I lost like 100k"}, {"start": "00:46:19", "end": "00:46:24", "text": "300k 500"}, {"start": "00:46:22", "end": "00:46:26", "text": "why"}, {"start": "00:46:24", "end": "00:46:29", "text": "if if you were part of bulmania we would"}, {"start": "00:46:26", "end": "00:46:31", "text": "tell you so yeah you if you get rich"}, {"start": "00:46:29", "end": "00:46:33", "text": "stay rich gold is part of that very"}, {"start": "00:46:31", "end": "00:46:33", "text": "important"}, {"start": "00:46:36", "end": "00:46:41", "text": "Uh, I haven't seen the Kaspa stuff."}, {"start": "00:46:41", "end": "00:46:47", "text": "Please say Ada will pump like crazy."}, {"start": "00:46:44", "end": "00:46:48", "text": "Give Ada your B."}, {"start": "00:46:47", "end": "00:46:51", "text": "There is no blessing. There is no"}, {"start": "00:46:48", "end": "00:46:55", "text": "blessing. Yo, Kaspa guy like someone"}, {"start": "00:46:51", "end": "00:46:56", "text": "asked about Kaspa all every stream. It's"}, {"start": "00:46:55", "end": "00:46:58", "text": "cool. Cool it. Cool it. It's bare trend."}, {"start": "00:46:56", "end": "00:47:00", "text": "There's nothing to say. If it's bull"}, {"start": "00:46:58", "end": "00:47:03", "text": "trend, we're gonna speak. If bare trend,"}, {"start": "00:47:00", "end": "00:47:05", "text": "don't ask about it every stream."}, {"start": "00:47:03", "end": "00:47:06", "text": "There is some guy. What about Casper? We"}, {"start": "00:47:05", "end": "00:47:08", "text": "literally said like in the last three"}, {"start": "00:47:06", "end": "00:47:10", "text": "streams, it's freaking bare trend. Don't"}, {"start": "00:47:08", "end": "00:47:12", "text": "worry too much. Whatever tech you have,"}, {"start": "00:47:10", "end": "00:47:14", "text": "Casper chat, get out of here. No one"}, {"start": "00:47:12", "end": "00:47:17", "text": "cares. No one cares about Casper. No one"}, {"start": "00:47:14", "end": "00:47:19", "text": "cares. It's bare trend. Okay, it's bare"}, {"start": "00:47:17", "end": "00:47:21", "text": "trend. When it's bull trend, we're going"}, {"start": "00:47:19", "end": "00:47:23", "text": "to speak about your your cute tech,"}, {"start": "00:47:21", "end": "00:47:26", "text": "little tech you have. No one cares about"}, {"start": "00:47:23", "end": "00:47:29", "text": "tech. It needs to be uh it needs to be"}, {"start": "00:47:26", "end": "00:47:30", "text": " I mean, you don't exist. So,"}, {"start": "00:47:29", "end": "00:47:32", "text": "thanks. Thanks. Thanks. But you need the"}, {"start": "00:47:30", "end": "00:47:35", "text": "money more. Like in bare trend, guys."}, {"start": "00:47:32", "end": "00:47:37", "text": "You need the money more. Okay? You need"}, {"start": "00:47:35", "end": "00:47:39", "text": "the money more. You're in bare trend"}, {"start": "00:47:37", "end": "00:47:41", "text": "trying to pump your coin here on our"}, {"start": "00:47:39", "end": "00:47:43", "text": "live stream day after day, day after"}, {"start": "00:47:41", "end": "00:47:45", "text": "day, day after day. If you would join"}, {"start": "00:47:43", "end": "00:47:47", "text": "Bullmania, we would tell you to sell"}, {"start": "00:47:45", "end": "00:47:50", "text": "that crap when it turned bearish. But"}, {"start": "00:47:47", "end": "00:47:53", "text": "no, now you're stuck. You're stuck"}, {"start": "00:47:50", "end": "00:47:56", "text": "holding the crap. Holding the crap."}, {"start": "00:47:53", "end": "00:47:58", "text": "Holding the crap. Oh, yo. Yo. From the"}, {"start": "00:47:56", "end": "00:48:00", "text": "peak. Let me see. Kaspa how much it lost"}, {"start": "00:47:58", "end": "00:48:03", "text": "from the peak"}, {"start": "00:48:00", "end": "00:48:05", "text": "86%. So now you're forced here to chill"}, {"start": "00:48:03", "end": "00:48:07", "text": "it and Ivan please mention please"}, {"start": "00:48:05", "end": "00:48:09", "text": "mention please what do you think about"}, {"start": "00:48:07", "end": "00:48:11", "text": "Ivan please mention please why why you"}, {"start": "00:48:09", "end": "00:48:12", "text": "don't mention why I don't mention there"}, {"start": "00:48:11", "end": "00:48:14", "text": "are a few communities like that another"}, {"start": "00:48:12", "end": "00:48:16", "text": "one is the pulsing Ivan please mention"}, {"start": "00:48:14", "end": "00:48:18", "text": "please mention us please please please"}, {"start": "00:48:16", "end": "00:48:21", "text": "mention us Ivan why you don't mention"}, {"start": "00:48:18", "end": "00:48:21", "text": "Ivan"}, {"start": "00:48:22", "end": "00:48:28", "text": "oh they they want attention they're in"}, {"start": "00:48:25", "end": "00:48:31", "text": "need as hell they want every day Ivan"}, {"start": "00:48:28", "end": "00:48:34", "text": "please mention guys go bull trend, we we"}, {"start": "00:48:31", "end": "00:48:38", "text": "talk. Okay, we talk. If you don't bull"}, {"start": "00:48:34", "end": "00:48:40", "text": "trend, keep the money. Keep the money."}, {"start": "00:48:38", "end": "00:48:42", "text": "Keep the money yourself. You need it. I"}, {"start": "00:48:40", "end": "00:48:44", "text": "don't need you. You You need it. And"}, {"start": "00:48:42", "end": "00:48:46", "text": "most importantly, sign up for the"}, {"start": "00:48:44", "end": "00:48:48", "text": "newsletter because as soon as Bulmania"}, {"start": "00:48:46", "end": "00:48:49", "text": "opens up, you guys need to be in there."}, {"start": "00:48:48", "end": "00:48:51", "text": "Otherwise, you're going to be slaving"}, {"start": "00:48:49", "end": "00:48:54", "text": "away this shilling trying to get your"}, {"start": "00:48:51", "end": "00:48:57", "text": "back to back back to zero. It's up so so"}, {"start": "00:48:54", "end": "00:48:59", "text": "so it's down so much. you know, for you"}, {"start": "00:48:57", "end": "00:49:02", "text": "to get back to zero, you need, you know,"}, {"start": "00:48:59", "end": "00:49:04", "text": "you're down 85% on Kaspa. Just to get"}, {"start": "00:49:02", "end": "00:49:06", "text": "back, you need like what is it? 7x or"}, {"start": "00:49:04", "end": "00:49:08", "text": "something more than 7x. I mean, this"}, {"start": "00:49:06", "end": "00:49:10", "text": "could make your whole bull market. You"}, {"start": "00:49:08", "end": "00:49:11", "text": "know, some people they they make"}, {"start": "00:49:10", "end": "00:49:13", "text": "life-changing gains by just compounding"}, {"start": "00:49:11", "end": "00:49:15", "text": "bull market after bull market with five"}, {"start": "00:49:13", "end": "00:49:17", "text": "sevenx because if you compound bull"}, {"start": "00:49:15", "end": "00:49:20", "text": "market, you keep the gains, you don't"}, {"start": "00:49:17", "end": "00:49:22", "text": "have to have like 100x every time. 100x"}, {"start": "00:49:20", "end": "00:49:23", "text": "is very possible in bull market. But I'm"}, {"start": "00:49:22", "end": "00:49:25", "text": "just telling you that if you are able to"}, {"start": "00:49:23", "end": "00:49:26", "text": "compound, you don't need like crazy"}, {"start": "00:49:25", "end": "00:49:28", "text": "returns each and every cycle. You can"}, {"start": "00:49:26", "end": "00:49:30", "text": "have you know seven eight eggs"}, {"start": "00:49:28", "end": "00:49:32", "text": "fantastic. Then you keep it and next"}, {"start": "00:49:30", "end": "00:49:34", "text": "time you do another so two cycles you"}, {"start": "00:49:32", "end": "00:49:40", "text": "have your 100x just by using the brain a"}, {"start": "00:49:34", "end": "00:49:41", "text": "bit just by listening and acting"}, {"start": "00:49:40", "end": "00:49:43", "text": "joining Bulmania joining the newsletter."}, {"start": "00:49:41", "end": "00:49:46", "text": "You see I mean that's it. That's it."}, {"start": "00:49:43", "end": "00:49:49", "text": "That's it. That's it. That's it."}, {"start": "00:49:46", "end": "00:49:51", "text": "That's it. That's it. But no no no you"}, {"start": "00:49:49", "end": "00:49:54", "text": "have your own. You know better. And then"}, {"start": "00:49:51", "end": "00:49:55", "text": "you beg and beg and beg and beg and beg."}, {"start": "00:49:54", "end": "00:49:57", "text": "Ian, please mention, please, please,"}, {"start": "00:49:55", "end": "00:49:59", "text": "please, please, please. Crazy, man."}, {"start": "00:49:57", "end": "00:50:02", "text": "Crazy crazy crazy. Big shout. Big shout."}, {"start": "00:49:59", "end": "00:50:04", "text": "I mean, you donated. So, no. Big shout"}, {"start": "00:50:02", "end": "00:50:07", "text": "out."}, {"start": "00:50:04", "end": "00:50:09", "text": "Maybe I'll take your five euro. How I"}, {"start": "00:50:07", "end": "00:50:11", "text": "Maybe I'm going to buy Kaspa. So, I give"}, {"start": "00:50:09", "end": "00:50:13", "text": "you a bit of buy pressure. But, you"}, {"start": "00:50:11", "end": "00:50:16", "text": "know, it's going to dump anyway. It's a"}, {"start": "00:50:13", "end": "00:50:18", "text": "better trend. This won't help."}, {"start": "00:50:16", "end": "00:50:19", "text": "It won't help."}, {"start": "00:50:18", "end": "00:50:23", "text": "Big shout out, guys. Big shout out. Big"}, {"start": "00:50:19", "end": "00:50:23", "text": "shout out. Fantastic."}, {"start": "00:50:24", "end": "00:50:29", "text": "Can you bring Bit Boy to?"}, {"start": "00:50:27", "end": "00:50:32", "text": "Yeah, we we to release the Bit Boy."}, {"start": "00:50:29", "end": "00:50:32", "text": "Where's Bit Boy?"}, {"start": "00:50:35", "end": "00:50:41", "text": "Um,"}, {"start": "00:50:38", "end": "00:50:42", "text": "thoughts on going into Robin Hood NFTTS."}, {"start": "00:50:41", "end": "00:50:45", "text": "O, interesting. I have actually no"}, {"start": "00:50:42", "end": "00:50:48", "text": "thoughts on that one. Uh because I'm not"}, {"start": "00:50:45", "end": "00:50:50", "text": "in NFTs right now. But I like I love the"}, {"start": "00:50:48", "end": "00:50:53", "text": "idea of NFTs if they just don't animate"}, {"start": "00:50:50", "end": "00:50:55", "text": "them. Don't animate NFTs. Is look"}, {"start": "00:50:53", "end": "00:50:56", "text": "I don't like how they look when I don't"}, {"start": "00:50:55", "end": "00:50:59", "text": "animate them. But let's see together."}, {"start": "00:50:56", "end": "00:51:03", "text": "Let's see together. So"}, {"start": "00:50:59", "end": "00:51:03", "text": "uh what's happening here?"}, {"start": "00:51:04", "end": "00:51:09", "text": "Where is Robin Hood chain? Robin Hood"}, {"start": "00:51:06", "end": "00:51:12", "text": "chain. What's happening? Pawns. Yeah."}, {"start": "00:51:09", "end": "00:51:14", "text": "Yeah. Pawns guy. Okay."}, {"start": "00:51:12", "end": "00:51:16", "text": "Oh wait, wait. Ah, see they changed a"}, {"start": "00:51:14", "end": "00:51:19", "text": "bit. So they showed tokens and NFTs."}, {"start": "00:51:16", "end": "00:51:21", "text": "Very bad from OpenC. I don't like they"}, {"start": "00:51:19", "end": "00:51:23", "text": "should stick to NFTs because now they"}, {"start": "00:51:21", "end": "00:51:25", "text": "have both tokens and NFTs. They should"}, {"start": "00:51:23", "end": "00:51:27", "text": "fire their product person. Whoever makes"}, {"start": "00:51:25", "end": "00:51:30", "text": "product decisions should be fired. If"}, {"start": "00:51:27", "end": "00:51:32", "text": "someone from OpenC is watching, send"}, {"start": "00:51:30", "end": "00:51:34", "text": "this video to the CEO because he needs"}, {"start": "00:51:32", "end": "00:51:38", "text": "to fire the head of product because he"}, {"start": "00:51:34", "end": "00:51:41", "text": "messed up here. See now I just OpenC for"}, {"start": "00:51:38", "end": "00:51:43", "text": "me is NFT. I will never buy a normal"}, {"start": "00:51:41", "end": "00:51:45", "text": "memecoin from open C. For that there is"}, {"start": "00:51:43", "end": "00:51:48", "text": "deck screen there. There is there is"}, {"start": "00:51:45", "end": "00:51:50", "text": "proper apps for that. Open C is NFT. Now"}, {"start": "00:51:48", "end": "00:51:51", "text": "they dilute. Now I have to like you know"}, {"start": "00:51:50", "end": "00:51:54", "text": "I have to ignore this because this is"}, {"start": "00:51:51", "end": "00:51:56", "text": "tokens. This is not NFCs. NFTs are here."}, {"start": "00:51:54", "end": "00:51:59", "text": "But man I went here just to see the"}, {"start": "00:51:56", "end": "00:52:01", "text": "freaking NFT. But no you want to expand."}, {"start": "00:51:59", "end": "00:52:04", "text": "You want to expand your time so you"}, {"start": "00:52:01", "end": "00:52:08", "text": "people use your app more. So you mess up"}, {"start": "00:52:04", "end": "00:52:12", "text": "for your core audience like myself."}, {"start": "00:52:08", "end": "00:52:12", "text": "And now it's a worse experience."}, {"start": "00:52:13", "end": "00:52:19", "text": "So anyway, uh this is crap. This is"}, {"start": "00:52:15", "end": "00:52:22", "text": "feature collection. Okay, maybe this is"}, {"start": "00:52:19", "end": "00:52:25", "text": "very bad. OpenC very bad. Very very bad"}, {"start": "00:52:22", "end": "00:52:27", "text": "this design with coins. Very bad. And"}, {"start": "00:52:25", "end": "00:52:31", "text": "why are so NFTs are only here? Okay."}, {"start": "00:52:27", "end": "00:52:34", "text": "Okay. Anyway, so uh pawns guy. Let's"}, {"start": "00:52:31", "end": "00:52:34", "text": "see."}, {"start": "00:52:39", "end": "00:52:42", "text": "Yeah,"}, {"start": "00:52:43", "end": "00:52:49", "text": "200% with floor."}, {"start": "00:52:47", "end": "00:52:51", "text": "Yeah. Listen guys, I don't focus on FC."}, {"start": "00:52:49", "end": "00:52:53", "text": "It's a bit of outside of my competence"}, {"start": "00:52:51", "end": "00:52:56", "text": "currently. But you see here clearly if"}, {"start": "00:52:53", "end": "00:52:59", "text": "you bought this for $30. Ah, but they"}, {"start": "00:52:56", "end": "00:53:02", "text": "just you see here volume is 700"}, {"start": "00:52:59", "end": "00:53:05", "text": "2,000. There is no volume here. What"}, {"start": "00:53:02", "end": "00:53:08", "text": "guys? Forget it. forget volume is"}, {"start": "00:53:05", "end": "00:53:08", "text": "$3,000."}, {"start": "00:53:08", "end": "00:53:12", "text": "So you cannot make I mean for me to"}, {"start": "00:53:11", "end": "00:53:16", "text": "enter position I need you know 10 times"}, {"start": "00:53:12", "end": "00:53:17", "text": "more than this. What you know I mean"}, {"start": "00:53:16", "end": "00:53:20", "text": "maybe if you do this you know kid kind"}, {"start": "00:53:17", "end": "00:53:23", "text": "of uh trading you you buy with $10 you"}, {"start": "00:53:20", "end": "00:53:25", "text": "you want to get back I mean see this"}, {"start": "00:53:23", "end": "00:53:27", "text": "there's there's nothing to do here with"}, {"start": "00:53:25", "end": "00:53:29", "text": "NFC there's nothing to do. So it's not"}, {"start": "00:53:27", "end": "00:53:31", "text": "time for NFT yet. That's why I'm not"}, {"start": "00:53:29", "end": "00:53:33", "text": "focusing on it. Maybe there will be time"}, {"start": "00:53:31", "end": "00:53:35", "text": "in the future but currently Okay. What"}, {"start": "00:53:33", "end": "00:53:38", "text": "is the stock miners? Oh yeah, this is"}, {"start": "00:53:35", "end": "00:53:40", "text": "the I think this is this the No. Is this"}, {"start": "00:53:38", "end": "00:53:43", "text": "the stock broker thing? But but look at"}, {"start": "00:53:40", "end": "00:53:47", "text": "this 23k volume. There's nothing to do"}, {"start": "00:53:43", "end": "00:53:51", "text": "here. It's ridiculous. It's pathetic."}, {"start": "00:53:47", "end": "00:53:55", "text": "There's nothing to do here. Okay, punks."}, {"start": "00:53:51", "end": "00:53:58", "text": "So innovative. 22K,"}, {"start": "00:53:55", "end": "00:53:59", "text": "which is by the way probably an IP theft"}, {"start": "00:53:58", "end": "00:54:02", "text": "case here."}, {"start": "00:53:59", "end": "00:54:04", "text": "Probably they're going to be in trouble"}, {"start": "00:54:02", "end": "00:54:08", "text": "with the real punks. And what what did"}, {"start": "00:54:04", "end": "00:54:10", "text": "they achieve? They achieved 22k. Yeah."}, {"start": "00:54:08", "end": "00:54:12", "text": "Stone broker. Stone. Yeah. So that that"}, {"start": "00:54:10", "end": "00:54:15", "text": "that's what I uh heard also. The stone"}, {"start": "00:54:12", "end": "00:54:16", "text": "broker ecosystem with everything is the"}, {"start": "00:54:15", "end": "00:54:19", "text": "let's see the stock broker what they"}, {"start": "00:54:16", "end": "00:54:22", "text": "have"}, {"start": "00:54:19", "end": "00:54:22", "text": "guys."}, {"start": "00:54:27", "end": "00:54:31", "text": "They're same. Oh, you mean that Robin"}, {"start": "00:54:29", "end": "00:54:33", "text": "Hood punks is done by the same company?"}, {"start": "00:54:31", "end": "00:54:35", "text": "But it doesn't matter. It's still, you"}, {"start": "00:54:33", "end": "00:54:37", "text": "know, with this"}, {"start": "00:54:35", "end": "00:54:39", "text": "with this uh volume like what what"}, {"start": "00:54:37", "end": "00:54:41", "text": "should I do with this volume? What"}, {"start": "00:54:39", "end": "00:54:43", "text": "should what what should I do with this?"}, {"start": "00:54:41", "end": "00:54:44", "text": "What should I do with this this volume?"}, {"start": "00:54:43", "end": "00:54:47", "text": "This there's no volume. There's no"}, {"start": "00:54:44", "end": "00:54:49", "text": "volume here. What What are you guys"}, {"start": "00:54:47", "end": "00:54:53", "text": "doing? 42K."}, {"start": "00:54:49", "end": "00:54:55", "text": "Okay. You want to turn $500 into maybe"}, {"start": "00:54:53", "end": "00:55:00", "text": "$3,000? Maybe you can do it in this kind"}, {"start": "00:54:55", "end": "00:55:02", "text": "of uh but you know for for our uh uh"}, {"start": "00:55:00", "end": "00:55:06", "text": "ambition"}, {"start": "00:55:02", "end": "00:55:06", "text": "it's uh it's a bit uh too small."}, {"start": "00:55:07", "end": "00:55:11", "text": "Yeah. But anyway, so total volume 6"}, {"start": "00:55:09", "end": "00:55:15", "text": "million uh since for the past let's see"}, {"start": "00:55:11", "end": "00:55:15", "text": "here analytics. Let's go to analytics"}, {"start": "00:55:16", "end": "00:55:20", "text": "volume 7day. Let's see 7-day volume"}, {"start": "00:55:19", "end": "00:55:23", "text": "here."}, {"start": "00:55:20", "end": "00:55:23", "text": "22k"}, {"start": "00:55:24", "end": "00:55:29", "text": "guys. I mean this this this is peanut."}, {"start": "00:55:27", "end": "00:55:32", "text": "This is peanut in bull market is going"}, {"start": "00:55:29", "end": "00:55:34", "text": "to be totally different. Um and there is"}, {"start": "00:55:32", "end": "00:55:36", "text": "no NFT season now. Let's go Penguin."}, {"start": "00:55:34", "end": "00:55:39", "text": "Let's see what else is happening. Pa"}, {"start": "00:55:36", "end": "00:55:43", "text": "penguin so cheap also. Holy crap. Paj"}, {"start": "00:55:39", "end": "00:55:44", "text": "penguin so cheap. So so cheap."}, {"start": "00:55:43", "end": "00:55:49", "text": "But even they have no volume. You see"}, {"start": "00:55:44", "end": "00:55:49", "text": "now there's no volume even pa penguin."}, {"start": "00:55:56", "end": "00:56:01", "text": "How can I see day by day?"}, {"start": "00:56:05", "end": "00:56:09", "text": "Yeah, guys, there there is no NFT season"}, {"start": "00:56:07", "end": "00:56:11", "text": "now. There's no NFC season. Don't don't"}, {"start": "00:56:09", "end": "00:56:13", "text": "worry too much about it. There is no NFT"}, {"start": "00:56:11", "end": "00:56:15", "text": "season now."}, {"start": "00:56:13", "end": "00:56:18", "text": "This is more for people who are really"}, {"start": "00:56:15", "end": "00:56:19", "text": "like into this stuff. Uh but for us who"}, {"start": "00:56:18", "end": "00:56:22", "text": "make money, you know, we make money in"}, {"start": "00:56:19", "end": "00:56:25", "text": "AI stocks, we make money in uh crypto."}, {"start": "00:56:22", "end": "00:56:26", "text": "We wrote the AI bubble with scientis and"}, {"start": "00:56:25", "end": "00:56:29", "text": "everything. We're rotating back into"}, {"start": "00:56:26", "end": "00:56:31", "text": "crypto. You know, we have we have the I"}, {"start": "00:56:29", "end": "00:56:33", "text": "mean our mindset, you know, it's this"}, {"start": "00:56:31", "end": "00:56:34", "text": "big, you know, we we're here to catch"}, {"start": "00:56:33", "end": "00:56:37", "text": "the next wave. You if you want"}, {"start": "00:56:34", "end": "00:56:39", "text": "volatility, you go go below where it"}, {"start": "00:56:37", "end": "00:56:41", "text": "says exchanges I use. Sign up on buy bit"}, {"start": "00:56:39", "end": "00:56:43", "text": "on all of these leverage exchanges. You"}, {"start": "00:56:41", "end": "00:56:45", "text": "can get volatility even in big assets"}, {"start": "00:56:43", "end": "00:56:48", "text": "where you can have proper uh uh proper"}, {"start": "00:56:45", "end": "00:56:50", "text": "volume, proper entry, proper liquidity,"}, {"start": "00:56:48", "end": "00:56:54", "text": "this and that. You set stop loss with"}, {"start": "00:56:50", "end": "00:56:56", "text": "this NFT stuff. It's more for fun. I"}, {"start": "00:56:54", "end": "00:56:58", "text": "mean, if you think these things are fun,"}, {"start": "00:56:56", "end": "00:57:00", "text": "good, good. Don't expect to make money"}, {"start": "00:56:58", "end": "00:57:04", "text": "with them. It's uh this is not the way"}, {"start": "00:57:00", "end": "00:57:08", "text": "to to to make money, okay? It's not. Not"}, {"start": "00:57:04", "end": "00:57:10", "text": "Not now, at least. Not now, at least."}, {"start": "00:57:08", "end": "00:57:12", "text": "So guys, that's it. Thank you very much."}, {"start": "00:57:10", "end": "00:57:14", "text": "We are soon at 1 hour. Another fantastic"}, {"start": "00:57:12", "end": "00:57:16", "text": "stream together with you guys and"}, {"start": "00:57:14", "end": "00:57:19", "text": "together with Dab. Dab is here with us"}, {"start": "00:57:16", "end": "00:57:23", "text": "and together in a way with small peep"}, {"start": "00:57:19", "end": "00:57:25", "text": "who made the fantastic fantastic uh"}, {"start": "00:57:23", "end": "00:57:27", "text": "animations. Well, we have a few. We have"}, {"start": "00:57:25", "end": "00:57:29", "text": "small pee did this one. Then Brala who"}, {"start": "00:57:27", "end": "00:57:30", "text": "is another one. He did this one. He this"}, {"start": "00:57:29", "end": "00:57:33", "text": "one. There's something with this"}, {"start": "00:57:30", "end": "00:57:34", "text": "McDonald's team. I don't know guys."}, {"start": "00:57:33", "end": "00:57:35", "text": "Maybe it's you know when you're a kid"}, {"start": "00:57:34", "end": "00:57:37", "text": "you're at McDonald. There's something"}, {"start": "00:57:35", "end": "00:57:41", "text": "like there's something with it. I like"}, {"start": "00:57:37", "end": "00:57:41", "text": "watching this you know stuff."}, {"start": "00:57:41", "end": "00:57:46", "text": "One perfect batch is luck. Bitcoin"}, {"start": "00:57:44", "end": "00:57:49", "text": "didn't prove itself with one block. It"}, {"start": "00:57:46", "end": "00:57:53", "text": "earned trust block after block roughly"}, {"start": "00:57:49", "end": "00:57:58", "text": "every 10 minutes since 2009."}, {"start": "00:57:53", "end": "00:58:01", "text": "Consistency isn't luck, it's a system."}, {"start": "00:57:58", "end": "00:58:02", "text": "Bull mania clear. I don't know what it"}, {"start": "00:58:01", "end": "00:58:04", "text": "is, guys. I don't know what it is. Let"}, {"start": "00:58:02", "end": "00:58:06", "text": "me know if you feel the same. Like there"}, {"start": "00:58:04", "end": "00:58:08", "text": "is something with this, you know,"}, {"start": "00:58:06", "end": "00:58:09", "text": "McDonald's. It's like nice to"}, {"start": "00:58:08", "end": "00:58:11", "text": "mesmerizing to watch. I don't know what"}, {"start": "00:58:09", "end": "00:58:14", "text": "it is. Maybe it's just me. Maybe it's"}, {"start": "00:58:11", "end": "00:58:16", "text": "just me. Where is"}, {"start": "00:58:14", "end": "00:58:18", "text": "Brinko? Maybe there some psychological."}, {"start": "00:58:16", "end": "00:58:19", "text": "They're really good at brainwashing"}, {"start": "00:58:18", "end": "00:58:22", "text": "kids. McDonald's. They're really good at"}, {"start": "00:58:19", "end": "00:58:25", "text": "brain brainwashing kids."}, {"start": "00:58:22", "end": "00:58:27", "text": "Anyways, thank you very much. Let's"}, {"start": "00:58:25", "end": "00:58:30", "text": "release"}, {"start": "00:58:27", "end": "00:58:31", "text": "the Bit Boy and then we're out of here."}, {"start": "00:58:30", "end": "00:58:35", "text": "We're going to release Bit Boy one more"}, {"start": "00:58:31", "end": "00:58:35", "text": "time. One more time."}, {"start": "00:58:38", "end": "00:58:44", "text": "Bit boy, get up. The super cycle needs"}, {"start": "00:58:41", "end": "00:58:44", "text": "its OGs."}, {"start": "00:58:47", "end": "00:58:52", "text": "I'm rebuilding the timeline. Try to stay"}, {"start": "00:58:50", "end": "00:58:54", "text": "out this time,"}, {"start": "00:58:52", "end": "00:58:56", "text": "guys. The prisoner of Rectaban."}, {"start": "00:58:54", "end": "00:58:58", "text": "Rectaban. You know it. It's the prisoner"}, {"start": "00:58:56", "end": "00:59:00", "text": "of We're releasing all the prisoners of"}, {"start": "00:58:58", "end": "00:59:02", "text": "Rectaban."}, {"start": "00:59:00", "end": "00:59:04", "text": "They're all stuck and we're releasing."}, {"start": "00:59:02", "end": "00:59:06", "text": "Guys, thank you very much. Smash up the"}, {"start": "00:59:04", "end": "00:59:07", "text": "like. First link of description for"}, {"start": "00:59:06", "end": "00:59:09", "text": "newsletter. Very important. See you all"}, {"start": "00:59:07", "end": "00:59:12", "text": "very soon. And goodbye guys. Goodbye."}, {"start": "00:59:09", "end": "00:59:12", "text": "Goodbye."}]

[{"start": "00:00:00", "end": "00:00:04", "text": "the button. Let's go."}, {"start": "00:00:04", "end": "00:00:08", "text": "Oh yes. Oh yes. Oh yes. Guys, welcome to"}, {"start": "00:00:07", "end": "00:00:10", "text": "another episode. And as you can see"}, {"start": "00:00:08", "end": "00:00:13", "text": "right now, Bitcoin is still below the"}, {"start": "00:00:10", "end": "00:00:16", "text": "weekly bull flip. Bitcoin is still"}, {"start": "00:00:13", "end": "00:00:19", "text": "struggling to get above this magic magic"}, {"start": "00:00:16", "end": "00:00:22", "text": "magic level at approximately 79 to be"}, {"start": "00:00:19", "end": "00:00:24", "text": "exact. This is 79.4K 4K that we have to"}, {"start": "00:00:22", "end": "00:00:27", "text": "get above in order to become bullish and"}, {"start": "00:00:24", "end": "00:00:29", "text": "to fly very high in Bitcoin and altcoins"}, {"start": "00:00:27", "end": "00:00:32", "text": "everywhere because that is the official"}, {"start": "00:00:29", "end": "00:00:34", "text": "confirmation of the bull market as you"}, {"start": "00:00:32", "end": "00:00:36", "text": "know. Now what we have to be careful"}, {"start": "00:00:34", "end": "00:00:38", "text": "with are the different dips that may"}, {"start": "00:00:36", "end": "00:00:40", "text": "come because when you get rejected like"}, {"start": "00:00:38", "end": "00:00:43", "text": "this it's not impossible that we go back"}, {"start": "00:00:40", "end": "00:00:46", "text": "and let's say we revisit 70k again many"}, {"start": "00:00:43", "end": "00:00:48", "text": "people will be scared many people will"}, {"start": "00:00:46", "end": "00:00:49", "text": "be very very scared. By the way let me"}, {"start": "00:00:48", "end": "00:00:51", "text": "know how the mic is. I see someone"}, {"start": "00:00:49", "end": "00:00:54", "text": "saying Mike is weak. We just got back"}, {"start": "00:00:51", "end": "00:00:55", "text": "from uh from a big trip. So, I haven't"}, {"start": "00:00:54", "end": "00:00:57", "text": "been in the studio for a while, but let"}, {"start": "00:00:55", "end": "00:01:01", "text": "know I can increase decrease. Mike,"}, {"start": "00:00:57", "end": "00:01:04", "text": "don't worry. So, uh if we see a dip,"}, {"start": "00:01:01", "end": "00:01:07", "text": "which may happen if we see a dip, don't"}, {"start": "00:01:04", "end": "00:01:10", "text": "worry. Now, keep dcaing. We're dcaing"}, {"start": "00:01:07", "end": "00:01:12", "text": "below the bull flip. We're dcaing below"}, {"start": "00:01:10", "end": "00:01:14", "text": "the bull flip, especially here close to"}, {"start": "00:01:12", "end": "00:01:16", "text": "your 200E moving average. This was"}, {"start": "00:01:14", "end": "00:01:19", "text": "really the time to DCA here. We deployed"}, {"start": "00:01:16", "end": "00:01:21", "text": "10 to 15% as you remember. But all in"}, {"start": "00:01:19", "end": "00:01:25", "text": "all, dips are for buying in the midterm"}, {"start": "00:01:21", "end": "00:01:28", "text": "year after you go from the 200E moving"}, {"start": "00:01:25", "end": "00:01:30", "text": "average and you pump from the 200E"}, {"start": "00:01:28", "end": "00:01:33", "text": "moving average which we have done where"}, {"start": "00:01:30", "end": "00:01:35", "text": "we have confirmed the 200WE moving"}, {"start": "00:01:33", "end": "00:01:38", "text": "average as support which we have now"}, {"start": "00:01:35", "end": "00:01:40", "text": "also done. You understand that it is"}, {"start": "00:01:38", "end": "00:01:43", "text": "time to be bullish. It's not the time to"}, {"start": "00:01:40", "end": "00:01:46", "text": "try and optimize and maybe go a bit"}, {"start": "00:01:43", "end": "00:01:49", "text": "lower, maybe go slightly here back to"}, {"start": "00:01:46", "end": "00:01:51", "text": "70. Many people also they're asking me,"}, {"start": "00:01:49", "end": "00:01:53", "text": "Ivan, if you DCA here, should you now"}, {"start": "00:01:51", "end": "00:01:55", "text": "sell here and maybe you can buy back"}, {"start": "00:01:53", "end": "00:01:58", "text": "more? Guys, we're not trading this pump."}, {"start": "00:01:55", "end": "00:02:00", "text": "I mean, we didn't DCA here to trade this"}, {"start": "00:01:58", "end": "00:02:02", "text": "pump and now sell here. That would be"}, {"start": "00:02:00", "end": "00:02:05", "text": "very bad because you're trying to time"}, {"start": "00:02:02", "end": "00:02:08", "text": "the market in such a small time frame."}, {"start": "00:02:05", "end": "00:02:10", "text": "uh while while the plan was that when"}, {"start": "00:02:08", "end": "00:02:12", "text": "you buy here at the 200E moving average"}, {"start": "00:02:10", "end": "00:02:14", "text": "it is for the long term it's a long-term"}, {"start": "00:02:12", "end": "00:02:16", "text": "very cheap price for Bitcoin to buy at"}, {"start": "00:02:14", "end": "00:02:19", "text": "the 200WE moving average for you to buy"}, {"start": "00:02:16", "end": "00:02:21", "text": "Bitcoin 200 moving average is very cheap"}, {"start": "00:02:19", "end": "00:02:24", "text": "price long-term it is the best because"}, {"start": "00:02:21", "end": "00:02:27", "text": "Bitcoin always goes back to the 200WE"}, {"start": "00:02:24", "end": "00:02:28", "text": "moving average now and then not a lot"}, {"start": "00:02:27", "end": "00:02:32", "text": "but now and then you get the chance to"}, {"start": "00:02:28", "end": "00:02:34", "text": "buy it and uh if you buy here at or"}, {"start": "00:02:32", "end": "00:02:35", "text": "around 200 week is upward upward"}, {"start": "00:02:34", "end": "00:02:39", "text": "explosion very very fast. I mean you see"}, {"start": "00:02:35", "end": "00:02:41", "text": "here touch upward touch upward. So 200"}, {"start": "00:02:39", "end": "00:02:43", "text": "moving average is the long-term trend"}, {"start": "00:02:41", "end": "00:02:46", "text": "for Bitcoin is always going up as you"}, {"start": "00:02:43", "end": "00:02:47", "text": "can see and if you get the chance to buy"}, {"start": "00:02:46", "end": "00:02:51", "text": "at or below it sometimes it also goes"}, {"start": "00:02:47", "end": "00:02:53", "text": "below uh but overall is best riskreward."}, {"start": "00:02:51", "end": "00:02:56", "text": "So the conclusion if you have been"}, {"start": "00:02:53", "end": "00:02:57", "text": "DCAing around the 200 moving average uh"}, {"start": "00:02:56", "end": "00:03:00", "text": "don't trade it now like don't try to"}, {"start": "00:02:57", "end": "00:03:02", "text": "sell it buy back. It's it's really not"}, {"start": "00:03:00", "end": "00:03:03", "text": "for that. The the intention is not for"}, {"start": "00:03:02", "end": "00:03:05", "text": "that. The intention is that within the"}, {"start": "00:03:03", "end": "00:03:08", "text": "coming years this is going to be"}, {"start": "00:03:05", "end": "00:03:11", "text": "ridiculously cheap price and then once"}, {"start": "00:03:08", "end": "00:03:13", "text": "we go bull flip once we go bull trend"}, {"start": "00:03:11", "end": "00:03:16", "text": "that is the true Valhalla that is when"}, {"start": "00:03:13", "end": "00:03:17", "text": "we go heavy heavy heavy heavy heavy. Now"}, {"start": "00:03:16", "end": "00:03:20", "text": "there are some coins that have a bull"}, {"start": "00:03:17", "end": "00:03:22", "text": "trend already. For example, Solana as"}, {"start": "00:03:20", "end": "00:03:25", "text": "you know it has a bull trend. It also"}, {"start": "00:03:22", "end": "00:03:27", "text": "has the disinflation past meaning"}, {"start": "00:03:25", "end": "00:03:30", "text": "basically that Sana has had a hovering."}, {"start": "00:03:27", "end": "00:03:32", "text": "If you look at the uh what has happened"}, {"start": "00:03:30", "end": "00:03:35", "text": "to Bitcoin after each hovering and you"}, {"start": "00:03:32", "end": "00:03:37", "text": "see the pump, Solana basically now has"}, {"start": "00:03:35", "end": "00:03:40", "text": "had their own hovering. Basically, they"}, {"start": "00:03:37", "end": "00:03:42", "text": "decreased inflation and instead of uh"}, {"start": "00:03:40", "end": "00:03:43", "text": "money going to the stakers, now it's"}, {"start": "00:03:42", "end": "00:03:45", "text": "also going to go into the chart which is"}, {"start": "00:03:43", "end": "00:03:48", "text": "very very good. At the same time, you"}, {"start": "00:03:45", "end": "00:03:50", "text": "have sailor coming back. You have sailor"}, {"start": "00:03:48", "end": "00:03:52", "text": "coming back buying Bitcoin. Finally"}, {"start": "00:03:50", "end": "00:03:54", "text": "buying Bitcoin. As you remember, he was"}, {"start": "00:03:52", "end": "00:03:56", "text": "selling the lows. When he was selling"}, {"start": "00:03:54", "end": "00:03:59", "text": "the lows, you remember what we said? He"}, {"start": "00:03:56", "end": "00:04:00", "text": "always sells at the bottom. We said look"}, {"start": "00:03:59", "end": "00:04:03", "text": "at the previous cycle. What sailor did"}, {"start": "00:04:00", "end": "00:04:06", "text": "in the previous cycle? He always sells"}, {"start": "00:04:03", "end": "00:04:08", "text": "at the bottom. He sold the previous"}, {"start": "00:04:06", "end": "00:04:10", "text": "cycle at the bottom. And now he did the"}, {"start": "00:04:08", "end": "00:04:12", "text": "same basically. I mean sailor did mark"}, {"start": "00:04:10", "end": "00:04:15", "text": "the bottom. And let me see if I can find"}, {"start": "00:04:12", "end": "00:04:17", "text": "it here. Sailor bottom sell. Let me see"}, {"start": "00:04:15", "end": "00:04:21", "text": "if I can if I can find this. But this"}, {"start": "00:04:17", "end": "00:04:23", "text": "was already like weeks ago. Um and uh"}, {"start": "00:04:21", "end": "00:04:26", "text": "also another thing when seller was"}, {"start": "00:04:23", "end": "00:04:28", "text": "selling it did not dump Bitcoin that's"}, {"start": "00:04:26", "end": "00:04:30", "text": "another signal him selling the bottom is"}, {"start": "00:04:28", "end": "00:04:33", "text": "one signal but another signal was also"}, {"start": "00:04:30", "end": "00:04:36", "text": "this is from early August that when he"}, {"start": "00:04:33", "end": "00:04:38", "text": "was selling he did not dump okay he did"}, {"start": "00:04:36", "end": "00:04:39", "text": "not dump the price he sold but the price"}, {"start": "00:04:38", "end": "00:04:41", "text": "held that's another very important"}, {"start": "00:04:39", "end": "00:04:43", "text": "signal called cold card you remember"}, {"start": "00:04:41", "end": "00:04:45", "text": "cold card no one remembers cold card"}, {"start": "00:04:43", "end": "00:04:47", "text": "anymore but cold card was a massive"}, {"start": "00:04:45", "end": "00:04:50", "text": "massive massive massive massive massive"}, {"start": "00:04:47", "end": "00:04:51", "text": "problem that we had earlier is uh this"}, {"start": "00:04:50", "end": "00:04:53", "text": "month actually last month it's September"}, {"start": "00:04:51", "end": "00:04:56", "text": "now fantastic guys it's September it's"}, {"start": "00:04:53", "end": "00:04:59", "text": "September very very good we also said"}, {"start": "00:04:56", "end": "00:05:01", "text": "here in July sailor sold the bottom um"}, {"start": "00:04:59", "end": "00:05:04", "text": "so yeah sailor always sells the bottom"}, {"start": "00:05:01", "end": "00:05:06", "text": "because that's how his company is set up"}, {"start": "00:05:04", "end": "00:05:08", "text": "when Bitcoin is pumping he can raise"}, {"start": "00:05:06", "end": "00:05:11", "text": "money he gets a lot of money from the"}, {"start": "00:05:08", "end": "00:05:13", "text": "public markets when Bitcoin is not"}, {"start": "00:05:11", "end": "00:05:14", "text": "pumping he cannot get money so he has to"}, {"start": "00:05:13", "end": "00:05:16", "text": "sell so it's not that you know he"}, {"start": "00:05:14", "end": "00:05:18", "text": "decides to sell the bottom because he"}, {"start": "00:05:16", "end": "00:05:19", "text": "likes to sell the bottom it's just how"}, {"start": "00:05:18", "end": "00:05:22", "text": "it's set set up, you know, it's set up"}, {"start": "00:05:19", "end": "00:05:24", "text": "that everything pumps, he gets money, he"}, {"start": "00:05:22", "end": "00:05:25", "text": "deploys. When it doesn't pump, now he"}, {"start": "00:05:24", "end": "00:05:27", "text": "needs to be more conservative. He needs"}, {"start": "00:05:25", "end": "00:05:28", "text": "to figure out how to pay the dividend,"}, {"start": "00:05:27", "end": "00:05:30", "text": "how to ensure that Thresh has money,"}, {"start": "00:05:28", "end": "00:05:32", "text": "etc., etc., etc. So guys, welcome"}, {"start": "00:05:30", "end": "00:05:34", "text": "everyone to the show. We have a lot we"}, {"start": "00:05:32", "end": "00:05:37", "text": "have a lot to discuss. Big shout out to"}, {"start": "00:05:34", "end": "00:05:40", "text": "Guzman for timestamping us. Today we're"}, {"start": "00:05:37", "end": "00:05:42", "text": "back in the uh main studio. It's very"}, {"start": "00:05:40", "end": "00:05:44", "text": "very nice to be back. I have way better"}, {"start": "00:05:42", "end": "00:05:45", "text": "chair. I have way better studio. Maybe"}, {"start": "00:05:44", "end": "00:05:47", "text": "you guys have seen like behind the"}, {"start": "00:05:45", "end": "00:05:48", "text": "scenes. It's very nice here. The ceiling"}, {"start": "00:05:47", "end": "00:05:50", "text": "is very high. It's like lights"}, {"start": "00:05:48", "end": "00:05:52", "text": "everywhere. It's very nice. I also have"}, {"start": "00:05:50", "end": "00:05:55", "text": "this uh uh you know Egyptian Egyptian"}, {"start": "00:05:52", "end": "00:05:59", "text": "style styled walls here with Bitcoin"}, {"start": "00:05:55", "end": "00:06:00", "text": "history. How how how aliens gave Bitcoin"}, {"start": "00:05:59", "end": "00:06:02", "text": "to Egyptians. I will show you on"}, {"start": "00:06:00", "end": "00:06:04", "text": "Twitter. Maybe you don't remember but my"}, {"start": "00:06:02", "end": "00:06:06", "text": "whole studio here is is so nice guys. So"}, {"start": "00:06:04", "end": "00:06:08", "text": "nice to be back. How you say, you know,"}, {"start": "00:06:06", "end": "00:06:10", "text": "uh good to be traveling but home is the"}, {"start": "00:06:08", "end": "00:06:13", "text": "best. Exactly."}, {"start": "00:06:10", "end": "00:06:14", "text": "So guys, smash up the like. If you check"}, {"start": "00:06:13", "end": "00:06:16", "text": "the first link in description, you have"}, {"start": "00:06:14", "end": "00:06:19", "text": "a freebie. I always have some kind of"}, {"start": "00:06:16", "end": "00:06:22", "text": "nice fantastic freebie for you. If you"}, {"start": "00:06:19", "end": "00:06:24", "text": "go below, you see newsletter, free"}, {"start": "00:06:22", "end": "00:06:26", "text": "newsletter, first link in description."}, {"start": "00:06:24", "end": "00:06:27", "text": "Sign up for newsletter because for free"}, {"start": "00:06:26", "end": "00:06:29", "text": "I tell you basically what's happening in"}, {"start": "00:06:27", "end": "00:06:31", "text": "the market on a big picture. I send it"}, {"start": "00:06:29", "end": "00:06:34", "text": "approximately once a week and it's very"}, {"start": "00:06:31", "end": "00:06:36", "text": "short. For example, on August 4th, I"}, {"start": "00:06:34", "end": "00:06:38", "text": "told you to be bullish. Many people said"}, {"start": "00:06:36", "end": "00:06:39", "text": "bearish, I told you be bullish. August"}, {"start": "00:06:38", "end": "00:06:41", "text": "4th, look at Bitcoin. Look at what's"}, {"start": "00:06:39", "end": "00:06:42", "text": "happened since August 4th. I mean, it's"}, {"start": "00:06:41", "end": "00:06:46", "text": "like the free thing. You can just click"}, {"start": "00:06:42", "end": "00:06:48", "text": "below, enter it. and big fat juicy."}, {"start": "00:06:46", "end": "00:06:49", "text": "Shout out to Guzman for time stamping."}, {"start": "00:06:48", "end": "00:06:51", "text": "It's very very nice. How's the mic? The"}, {"start": "00:06:49", "end": "00:06:52", "text": "mic is good. Check check check check."}, {"start": "00:06:51", "end": "00:06:53", "text": "You know, always when you come back"}, {"start": "00:06:52", "end": "00:06:55", "text": "after a trip, I don't know like computer"}, {"start": "00:06:53", "end": "00:06:57", "text": "is working, it's not working. Computer"}, {"start": "00:06:55", "end": "00:06:59", "text": "has 50 updates. Microphone. What's"}, {"start": "00:06:57", "end": "00:07:04", "text": "happening to microphone? Who the hell"}, {"start": "00:06:59", "end": "00:07:07", "text": "knows? And also we have our uh special"}, {"start": "00:07:04", "end": "00:07:10", "text": "correspondent Ivan from Air actually"}, {"start": "00:07:07", "end": "00:07:13", "text": "speaking more about Sana. Let's listen"}, {"start": "00:07:10", "end": "00:07:13", "text": "to this."}, {"start": "00:07:14", "end": "00:07:19", "text": "the downside. We look at the upside."}, {"start": "00:07:21", "end": "00:07:25", "text": ">> What about Sana? How high will it go?"}, {"start": "00:07:23", "end": "00:07:28", "text": ">> Okay guys, very important. Very"}, {"start": "00:07:25", "end": "00:07:30", "text": "important. Sana now has confirmed a"}, {"start": "00:07:28", "end": "00:07:32", "text": "bullish trend. We're now in the bull"}, {"start": "00:07:30", "end": "00:07:34", "text": "trend for Sana. Meaning that we don't"}, {"start": "00:07:32", "end": "00:07:37", "text": "look at the downside. We look at the"}, {"start": "00:07:34", "end": "00:07:39", "text": "upside. Always manage risk, always stop"}, {"start": "00:07:37", "end": "00:07:41", "text": "loss, but overall we're looking at how"}, {"start": "00:07:39", "end": "00:07:43", "text": "high, not how much down is going to go."}, {"start": "00:07:41", "end": "00:07:46", "text": "So the target for us is all-time high"}, {"start": "00:07:43", "end": "00:07:48", "text": "new recapture to $300 within the next 12"}, {"start": "00:07:46", "end": "00:07:49", "text": "months. And then we just have to see"}, {"start": "00:07:48", "end": "00:07:53", "text": "when the bull trend ends. Solana could"}, {"start": "00:07:49", "end": "00:07:56", "text": "easily go to 1k this cycle. Now with the"}, {"start": "00:07:53", "end": "00:07:57", "text": "disinflation proposal being confirmed"}, {"start": "00:07:56", "end": "00:08:01", "text": "with less inflation, there is less"}, {"start": "00:07:57", "end": "00:08:04", "text": "supply and uh tech is the best trading"}, {"start": "00:08:01", "end": "00:08:06", "text": "the best volume, highest volume. So"}, {"start": "00:08:04", "end": "00:08:09", "text": "don't over complicate it guys. Never"}, {"start": "00:08:06", "end": "00:08:12", "text": "over complicate in bull market. We are"}, {"start": "00:08:09", "end": "00:08:13", "text": "very very good with Solana and the"}, {"start": "00:08:12", "end": "00:08:15", "text": "journey is just beginning. And look at"}, {"start": "00:08:13", "end": "00:08:17", "text": "this. People ask me about Dimma. Where"}, {"start": "00:08:15", "end": "00:08:21", "text": "is Dimma? Dimma is here. He's with us."}, {"start": "00:08:17", "end": "00:08:25", "text": "He's an aviator. He he loves flying."}, {"start": "00:08:21", "end": "00:08:27", "text": "Look at how calm he is. So guys, Sana,"}, {"start": "00:08:25", "end": "00:08:30", "text": "hi Dimma with us. Very very hi. See you"}, {"start": "00:08:27", "end": "00:08:31", "text": "all very very soon."}, {"start": "00:08:30", "end": "00:08:33", "text": "Very important guys. Thank you very"}, {"start": "00:08:31", "end": "00:08:36", "text": "much. Ivan from air. Fantastic fantastic"}, {"start": "00:08:33", "end": "00:08:38", "text": "update. And guys, by the way, if you"}, {"start": "00:08:36", "end": "00:08:40", "text": "want watches now, you should I don't"}, {"start": "00:08:38", "end": "00:08:41", "text": "think you should buy a watch now. I"}, {"start": "00:08:40", "end": "00:08:43", "text": "think you should buy a watch now, but it"}, {"start": "00:08:41", "end": "00:08:47", "text": "was totally random, but the pilot on the"}, {"start": "00:08:43", "end": "00:08:49", "text": "plane said that he can offer discount"}, {"start": "00:08:47", "end": "00:08:51", "text": "deal to our audience. Okay, go to my"}, {"start": "00:08:49", "end": "00:08:54", "text": "Twitter. I posted it. He basically said"}, {"start": "00:08:51", "end": "00:08:57", "text": "that if you guys want to buy watch in"}, {"start": "00:08:54", "end": "00:08:59", "text": "the next in the next bull market, you"}, {"start": "00:08:57", "end": "00:09:01", "text": "can get a discount. Okay, so go to my"}, {"start": "00:08:59", "end": "00:09:04", "text": "Twitter, you find his website. Guys,"}, {"start": "00:09:01", "end": "00:09:08", "text": "we're here flying very high with the"}, {"start": "00:09:04", "end": "00:09:11", "text": "pilot Ari. And he has a very special"}, {"start": "00:09:08", "end": "00:09:11", "text": "shop for watches. You fly and you sell"}, {"start": "00:09:11", "end": "00:09:15", "text": "watch."}, {"start": "00:09:11", "end": "00:09:17", "text": ">> That's what we do. We fly and we provide"}, {"start": "00:09:15", "end": "00:09:18", "text": "nice watches for nice people."}, {"start": "00:09:17", "end": "00:09:19", "text": ">> Fantastic. It's"}, {"start": "00:09:18", "end": "00:09:21", "text": ">> Yeah."}, {"start": "00:09:19", "end": "00:09:25", "text": ">> The shop is in Vading, Spain and it's"}, {"start": "00:09:21", "end": "00:09:28", "text": "called O watches. So guys, if you need a"}, {"start": "00:09:25", "end": "00:09:34", "text": "nice watch, nice Rolex, whatever you"}, {"start": "00:09:28", "end": "00:09:36", "text": "want, Am and Am O watches, I'm so go to"}, {"start": "00:09:34", "end": "00:09:37", "text": "my Twitter, you you find the link there,"}, {"start": "00:09:36", "end": "00:09:39", "text": "Goodman, maybe it's for you now, guys."}, {"start": "00:09:37", "end": "00:09:41", "text": "Currently, you see, I don't think it's"}, {"start": "00:09:39", "end": "00:09:43", "text": "smart to buy watch now. We're right in"}, {"start": "00:09:41", "end": "00:09:45", "text": "the in the beginning of the bull market."}, {"start": "00:09:43", "end": "00:09:49", "text": "Save the money for crypto. Once you have"}, {"start": "00:09:45", "end": "00:09:52", "text": "money and you are in Netherlands, uh"}, {"start": "00:09:49", "end": "00:09:53", "text": "maybe Guzman is good is good for for"}, {"start": "00:09:52", "end": "00:09:55", "text": "Guzman. Goodman, you know the shop is"}, {"start": "00:09:53", "end": "00:09:57", "text": "good shop. Let me know in the comment"}, {"start": "00:09:55", "end": "00:10:00", "text": "section. People also say if it is stone"}, {"start": "00:09:57", "end": "00:10:03", "text": "ways. Yeah, maybe stone ways."}, {"start": "00:10:00", "end": "00:10:05", "text": "Tone ways changed from traing to to"}, {"start": "00:10:03", "end": "00:10:06", "text": "piloting. Yeah. Yeah. There you go. So"}, {"start": "00:10:05", "end": "00:10:09", "text": "good, let me know. Do you know this"}, {"start": "00:10:06", "end": "00:10:14", "text": "watch or or no? Anyway, uh so Sana"}, {"start": "00:10:09", "end": "00:10:15", "text": "bullish any dip DCA DCA U if Bitcoin"}, {"start": "00:10:14", "end": "00:10:17", "text": "flips bullish guys, we go heavy. We'll"}, {"start": "00:10:15", "end": "00:10:19", "text": "go heavy heavy heavy. So Michael Sailor"}, {"start": "00:10:17", "end": "00:10:21", "text": "is buying. We love that. Let me know if"}, {"start": "00:10:19", "end": "00:10:23", "text": "you love Michael Sailor buying. Can you"}, {"start": "00:10:21", "end": "00:10:24", "text": "write that that you love it? Write if"}, {"start": "00:10:23", "end": "00:10:26", "text": "you love Michael Sailor buying. I I"}, {"start": "00:10:24", "end": "00:10:28", "text": "think it's good. Finally, he's buying."}, {"start": "00:10:26", "end": "00:10:30", "text": "He's not dumping on us. He's now pumping"}, {"start": "00:10:28", "end": "00:10:33", "text": "us. I want Michael Sailor to pump us."}, {"start": "00:10:30", "end": "00:10:36", "text": "Okay. Uh next, Tom Lee also pumping us."}, {"start": "00:10:33", "end": "00:10:38", "text": "See, Tom Lee is buying 53,000"}, {"start": "00:10:36", "end": "00:10:43", "text": "53,000"}, {"start": "00:10:38", "end": "00:10:45", "text": "ETH worth 131 million. Very, very good."}, {"start": "00:10:43", "end": "00:10:47", "text": "And he's saying that it's very bullish."}, {"start": "00:10:45", "end": "00:10:49", "text": "Why? Because clarity. Now, will clarity"}, {"start": "00:10:47", "end": "00:10:51", "text": "pass? Who knows? There are rumors. There"}, {"start": "00:10:49", "end": "00:10:53", "text": "are rumors that there's some you know"}, {"start": "00:10:51", "end": "00:10:55", "text": "backdoor deal with Trump that Trump is"}, {"start": "00:10:53", "end": "00:10:57", "text": "going to do some back backdoor deal."}, {"start": "00:10:55", "end": "00:10:59", "text": "Let's listen to Tom what Tom Lee is"}, {"start": "00:10:57", "end": "00:11:01", "text": "saying. We think that Tom Lee is very"}, {"start": "00:10:59", "end": "00:11:03", "text": "smart now that we are in a bull market"}, {"start": "00:11:01", "end": "00:11:05", "text": "in the bare market. He's not too smart."}, {"start": "00:11:03", "end": "00:11:06", "text": "We were very very against Tom Lee. We"}, {"start": "00:11:05", "end": "00:11:09", "text": "said that Tom Lee don't listen to Tom"}, {"start": "00:11:06", "end": "00:11:10", "text": "Lee. Now Tom Lee and I were best friends"}, {"start": "00:11:09", "end": "00:11:13", "text": "because it's bull market and it's time"}, {"start": "00:11:10", "end": "00:11:15", "text": "to be bullish."}, {"start": "00:11:13", "end": "00:11:16", "text": ">> I think this year crypto fundamentals"}, {"start": "00:11:15", "end": "00:11:19", "text": "have been good because we know the"}, {"start": "00:11:16", "end": "00:11:21", "text": "tokenization movements very strong. I"}, {"start": "00:11:19", "end": "00:11:22", "text": "mean Robin Hood was a breakout product"}, {"start": "00:11:21", "end": "00:11:26", "text": "launch. I mean really one of the biggest"}, {"start": "00:11:22", "end": "00:11:27", "text": "hits and Aentic AI is good for crypto"}, {"start": "00:11:26", "end": "00:11:30", "text": "but we were in the middle of that crypto"}, {"start": "00:11:27", "end": "00:11:34", "text": "winter. I do think catalysts have come"}, {"start": "00:11:30", "end": "00:11:36", "text": "together uh and actually going to really"}, {"start": "00:11:34", "end": "00:11:39", "text": "strengthen into year end because one"}, {"start": "00:11:36", "end": "00:11:41", "text": "uh crypto is the best performing macro"}, {"start": "00:11:39", "end": "00:11:44", "text": "asset in the third quarter so far. So I"}, {"start": "00:11:41", "end": "00:11:45", "text": "think September and the fourth quarter"}, {"start": "00:11:44", "end": "00:11:48", "text": "there's going to be institutional"}, {"start": "00:11:45", "end": "00:11:50", "text": "allocation to crypto. The second is, you"}, {"start": "00:11:48", "end": "00:11:52", "text": "know, the crypto four-year cycle"}, {"start": "00:11:50", "end": "00:11:54", "text": "basically ends next month. So, I think"}, {"start": "00:11:52", "end": "00:11:56", "text": "people who've turned off crypto on their"}, {"start": "00:11:54", "end": "00:11:58", "text": "screens are going to come back. The"}, {"start": "00:11:56", "end": "00:12:00", "text": "Korean investor, which was really big in"}, {"start": "00:11:58", "end": "00:12:01", "text": "crypto, you know, they rotated into AI"}, {"start": "00:12:00", "end": "00:12:03", "text": "early this year, but we're already"}, {"start": "00:12:01", "end": "00:12:06", "text": "seeing volumes pick up in Courier. So,"}, {"start": "00:12:03", "end": "00:12:08", "text": "they're rotating back into crypto. And"}, {"start": "00:12:06", "end": "00:12:10", "text": "the final is if Clarity Act passes,"}, {"start": "00:12:08", "end": "00:12:13", "text": "which could happen this year. And if it"}, {"start": "00:12:10", "end": "00:12:15", "text": "does, I think, you know, Bitcoin and"}, {"start": "00:12:13", "end": "00:12:16", "text": "Ethereum have a huge fourth quarter."}, {"start": "00:12:15", "end": "00:12:18", "text": ">> Bullish. Bull. This is the kind of"}, {"start": "00:12:16", "end": "00:12:19", "text": "thinking I want you guys to have now."}, {"start": "00:12:18", "end": "00:12:22", "text": "And please confirm that you remember"}, {"start": "00:12:19", "end": "00:12:24", "text": "because in October last year, we told"}, {"start": "00:12:22", "end": "00:12:26", "text": "you never listen to Tom Lee in bare"}, {"start": "00:12:24", "end": "00:12:28", "text": "market. He's going to get you so"}, {"start": "00:12:26", "end": "00:12:29", "text": "wrecked. I mean, many people they lost"}, {"start": "00:12:28", "end": "00:12:31", "text": "90% of the portfolio listening to Tom"}, {"start": "00:12:29", "end": "00:12:32", "text": "Lee in the bear. Now, they hope it's"}, {"start": "00:12:31", "end": "00:12:34", "text": "going to recover. Please, please,"}, {"start": "00:12:32", "end": "00:12:36", "text": "please. If you listen to Ivan, you you"}, {"start": "00:12:34", "end": "00:12:38", "text": "did not you did not lose anything. In"}, {"start": "00:12:36", "end": "00:12:42", "text": "fact, many people are coming out saying"}, {"start": "00:12:38", "end": "00:12:45", "text": "that we saved them so much money because"}, {"start": "00:12:42", "end": "00:12:47", "text": "we got them out in time. And the thing"}, {"start": "00:12:45", "end": "00:12:50", "text": "is times change you know times change in"}, {"start": "00:12:47", "end": "00:12:53", "text": "October you should not listen to Tom Lee"}, {"start": "00:12:50", "end": "00:12:55", "text": "now I think he is he he's correct"}, {"start": "00:12:53", "end": "00:12:58", "text": "because it's bull market is bull market"}, {"start": "00:12:55", "end": "00:13:00", "text": "but by the way speaking about saving"}, {"start": "00:12:58", "end": "00:13:01", "text": "money there was one guy I will not play"}, {"start": "00:13:00", "end": "00:13:04", "text": "you the whole thing but there was one"}, {"start": "00:13:01", "end": "00:13:06", "text": "guy in our bull mania group he said we"}, {"start": "00:13:04", "end": "00:13:09", "text": "saved him half a million dollars he"}, {"start": "00:13:06", "end": "00:13:12", "text": "spoke to Jason our Chinese squad back in"}, {"start": "00:13:09", "end": "00:13:14", "text": "October and uh basically exited and he"}, {"start": "00:13:12", "end": "00:13:17", "text": "and he calculated he would have lost Uh"}, {"start": "00:13:14", "end": "00:13:20", "text": "500K. Let's do this. Yo, Zen Studios,"}, {"start": "00:13:17", "end": "00:13:23", "text": "thank you guys. You saved 500K"}, {"start": "00:13:20", "end": "00:13:24", "text": "in the beginning of the year. Holy crap."}, {"start": "00:13:23", "end": "00:13:28", "text": "What happened? What happened? How did we"}, {"start": "00:13:24", "end": "00:13:31", "text": "How did Bull Mania save you 500K? You"}, {"start": "00:13:28", "end": "00:13:34", "text": "you avoided some uh holding SUI minus"}, {"start": "00:13:31", "end": "00:13:36", "text": "90%. I think I yeah I think I remember"}, {"start": "00:13:34", "end": "00:13:39", "text": "him saying in the call saying like"}, {"start": "00:13:36", "end": "00:13:42", "text": "because of the money line trend and also"}, {"start": "00:13:39", "end": "00:13:44", "text": "our our course on like barrier market is"}, {"start": "00:13:42", "end": "00:13:48", "text": "coming you know and then he he just sold"}, {"start": "00:13:44", "end": "00:13:49", "text": "and then bam 500k in anyway go go to"}, {"start": "00:13:48", "end": "00:13:51", "text": "bullmania Twitter if you want to watch"}, {"start": "00:13:49", "end": "00:13:54", "text": "the rest but the the the key signal here"}, {"start": "00:13:51", "end": "00:13:56", "text": "that I want you to receive in your brain"}, {"start": "00:13:54", "end": "00:13:58", "text": "is that times change when I tell you to"}, {"start": "00:13:56", "end": "00:14:01", "text": "be bare you listen when I tell you to to"}, {"start": "00:13:58", "end": "00:14:03", "text": "be bull you also listen okay listening"}, {"start": "00:14:01", "end": "00:14:04", "text": "to Tom Lee is always bull. You're going"}, {"start": "00:14:03", "end": "00:14:07", "text": "to lose 90% of your money. Then you need"}, {"start": "00:14:04", "end": "00:14:10", "text": "a 10x just to get back to zero. Okay,"}, {"start": "00:14:07", "end": "00:14:14", "text": "that's the problem. You lose 95%. You"}, {"start": "00:14:10", "end": "00:14:17", "text": "need a 20x just to get back to zero."}, {"start": "00:14:14", "end": "00:14:19", "text": "Okay, 20x could could have changed your"}, {"start": "00:14:17", "end": "00:14:22", "text": "life if you kept your money, but now you"}, {"start": "00:14:19", "end": "00:14:24", "text": "need a 20x just to get back to zero. You"}, {"start": "00:14:22", "end": "00:14:26", "text": "have to be the best trader in the world"}, {"start": "00:14:24", "end": "00:14:28", "text": "just to get back to zero. You have to"}, {"start": "00:14:26", "end": "00:14:31", "text": "have such an insane overperformance, you"}, {"start": "00:14:28", "end": "00:14:34", "text": "know, get a 20x, 100x just to get back"}, {"start": "00:14:31", "end": "00:14:35", "text": "to zero. If you mess up a bull cycle,"}, {"start": "00:14:34", "end": "00:14:37", "text": "that's so important, guys. I mean,"}, {"start": "00:14:35", "end": "00:14:38", "text": "listen, you have to be bull when it's"}, {"start": "00:14:37", "end": "00:14:40", "text": "time to be bull. You have to be bare"}, {"start": "00:14:38", "end": "00:14:43", "text": "when it's time to be bare. And now it's"}, {"start": "00:14:40", "end": "00:14:45", "text": "time to be bull bull bull. Very"}, {"start": "00:14:43", "end": "00:14:46", "text": "important. Look here. Uh Trump"}, {"start": "00:14:45", "end": "00:14:48", "text": "potentially"}, {"start": "00:14:46", "end": "00:14:50", "text": "saying that uh yeah, there's going to be"}, {"start": "00:14:48", "end": "00:14:52", "text": "some back. Well, Trump is not saying,"}, {"start": "00:14:50", "end": "00:14:54", "text": "but there are rumors, you know, rumors"}, {"start": "00:14:52", "end": "00:14:56", "text": "are c circulating that the US Senate has"}, {"start": "00:14:54", "end": "00:14:59", "text": "already reached an agreement behind"}, {"start": "00:14:56", "end": "00:15:01", "text": "closed doors on the Clarity Act. If true"}, {"start": "00:14:59", "end": "00:15:03", "text": "September could be huge for crypto and"}, {"start": "00:15:01", "end": "00:15:05", "text": "XRP, I mean, this guy shields XRP. You"}, {"start": "00:15:03", "end": "00:15:07", "text": "can shield any ticker. If clarity act"}, {"start": "00:15:05", "end": "00:15:09", "text": "passes, you can shield any ticker. You"}, {"start": "00:15:07", "end": "00:15:11", "text": "can shield Hyperlid for example."}, {"start": "00:15:09", "end": "00:15:13", "text": "Hyperlid is doing very, very good. Guys,"}, {"start": "00:15:11", "end": "00:15:15", "text": "very important question. Someone asked"}, {"start": "00:15:13", "end": "00:15:18", "text": "the question, Ivan, what's going to"}, {"start": "00:15:15", "end": "00:15:22", "text": "happen if the Fed increases the rates?"}, {"start": "00:15:18", "end": "00:15:24", "text": "Let's let's u um how we say take on our"}, {"start": "00:15:22", "end": "00:15:29", "text": "suit. Let's put on our suit. Let's put"}, {"start": "00:15:24", "end": "00:15:31", "text": "on our suit. Let's be uh serious macro"}, {"start": "00:15:29", "end": "00:15:34", "text": "investor. Let's see what's going to"}, {"start": "00:15:31", "end": "00:15:36", "text": "happen with the rates in the September"}, {"start": "00:15:34", "end": "00:15:39", "text": "according to poly market. What's going"}, {"start": "00:15:36", "end": "00:15:42", "text": "to happen? You now have this u"}, {"start": "00:15:39", "end": "00:15:45", "text": "probability of an increase going up a"}, {"start": "00:15:42", "end": "00:15:47", "text": "lot. This really started to go up after"}, {"start": "00:15:45", "end": "00:15:48", "text": "uh the recent speech where yeah they"}, {"start": "00:15:47", "end": "00:15:51", "text": "said that maybe they need to increase"}, {"start": "00:15:48", "end": "00:15:54", "text": "Kevin Worsh came out said that maybe he"}, {"start": "00:15:51", "end": "00:15:56", "text": "has to increase uh and people are scared"}, {"start": "00:15:54", "end": "00:15:59", "text": "you see poly market the odds now are"}, {"start": "00:15:56", "end": "00:16:01", "text": "very high for an increase in fact it's"}, {"start": "00:15:59", "end": "00:16:04", "text": "the number one odd now is that they will"}, {"start": "00:16:01", "end": "00:16:06", "text": "increase here is my take on it number"}, {"start": "00:16:04", "end": "00:16:07", "text": "one I think it's unlikely that they will"}, {"start": "00:16:06", "end": "00:16:09", "text": "increase I think that poly market is"}, {"start": "00:16:07", "end": "00:16:10", "text": "maybe too bullish on an increase but"}, {"start": "00:16:09", "end": "00:16:12", "text": "even if it happens because at the end of"}, {"start": "00:16:10", "end": "00:16:14", "text": "the day I don't know maybe they will"}, {"start": "00:16:12", "end": "00:16:16", "text": "increase. Maybe they will increase. That"}, {"start": "00:16:14", "end": "00:16:18", "text": "does not change my strategy. That does"}, {"start": "00:16:16", "end": "00:16:20", "text": "not change my bullishness. It doesn't."}, {"start": "00:16:18", "end": "00:16:23", "text": "Why? Because here is here's how bare"}, {"start": "00:16:20", "end": "00:16:25", "text": "markets work. After a year of bear, man,"}, {"start": "00:16:23", "end": "00:16:27", "text": "it doesn't matter what happens. Sailor"}, {"start": "00:16:25", "end": "00:16:30", "text": "dumping, cold car. You remember the"}, {"start": "00:16:27", "end": "00:16:33", "text": "tweet I just showed you? The signal that"}, {"start": "00:16:30", "end": "00:16:34", "text": "the bare market is over is that uh no"}, {"start": "00:16:33", "end": "00:16:36", "text": "one cares. I mean, no one cares, man."}, {"start": "00:16:34", "end": "00:16:39", "text": "You know, you have some bad news. No one"}, {"start": "00:16:36", "end": "00:16:41", "text": "cares. No one cares. Look here. Sailor"}, {"start": "00:16:39", "end": "00:16:43", "text": "dumping did not dump the price. Seller"}, {"start": "00:16:41", "end": "00:16:46", "text": "sold did not dump the price. Cold card"}, {"start": "00:16:43", "end": "00:16:49", "text": "hack did not dump the price. Iran, World"}, {"start": "00:16:46", "end": "00:16:51", "text": "War II, oil, whatever. We had"}, {"start": "00:16:49", "end": "00:16:53", "text": "everything. Everything. So, with the"}, {"start": "00:16:51", "end": "00:16:55", "text": "rates, here's how I look at it. If they"}, {"start": "00:16:53", "end": "00:16:57", "text": "cut rates, we're going to pump. We're"}, {"start": "00:16:55", "end": "00:16:58", "text": "going to pump bigly, bigly, bigly. It's"}, {"start": "00:16:57", "end": "00:17:01", "text": "a new catalyst. It's a bit unexpected"}, {"start": "00:16:58", "end": "00:17:03", "text": "catalyst. We're going to pump a lot. If"}, {"start": "00:17:01", "end": "00:17:04", "text": "they hike rates, I don't think anything"}, {"start": "00:17:03", "end": "00:17:07", "text": "will happen. It's just going to be, you"}, {"start": "00:17:04", "end": "00:17:09", "text": "know, sideways. Maybe we go back to 70K,"}, {"start": "00:17:07", "end": "00:17:11", "text": "uh, you know, for a week. Maybe we go"}, {"start": "00:17:09", "end": "00:17:13", "text": "back, you know, we we derp around here."}, {"start": "00:17:11", "end": "00:17:14", "text": "I don't think that Bitcoin chart is"}, {"start": "00:17:13", "end": "00:17:17", "text": "going to change dramatically"}, {"start": "00:17:14", "end": "00:17:19", "text": "dramatically. Okay, let's say we uh they"}, {"start": "00:17:17", "end": "00:17:22", "text": "hike. Okay, maybe we go back here into"}, {"start": "00:17:19", "end": "00:17:24", "text": "like 70. Okay, you can DCA more here."}, {"start": "00:17:22", "end": "00:17:27", "text": "Then we come back. You know, it's 10%"}, {"start": "00:17:24", "end": "00:17:30", "text": "move here and there. Um nothing big I"}, {"start": "00:17:27", "end": "00:17:32", "text": "think is going to happen due to uh due"}, {"start": "00:17:30", "end": "00:17:34", "text": "to the hike. And the reason is because"}, {"start": "00:17:32", "end": "00:17:35", "text": "we've had a year of bear. Okay, in the"}, {"start": "00:17:34", "end": "00:17:37", "text": "beginning of the bear, you have a hike,"}, {"start": "00:17:35", "end": "00:17:39", "text": "man. And it's very bad because everyone"}, {"start": "00:17:37", "end": "00:17:41", "text": "is bullish. They have so much coins to"}, {"start": "00:17:39", "end": "00:17:43", "text": "sell. They have many coins to sell. As"}, {"start": "00:17:41", "end": "00:17:44", "text": "soon as there is a bit of bearishness,"}, {"start": "00:17:43", "end": "00:17:46", "text": "many people click sell, sell, sell,"}, {"start": "00:17:44", "end": "00:17:48", "text": "sell, sell. And at this point, we've had"}, {"start": "00:17:46", "end": "00:17:50", "text": "a year we had so much uh struggle, so"}, {"start": "00:17:48", "end": "00:17:52", "text": "much pain. Okay, what's going to happen?"}, {"start": "00:17:50", "end": "00:17:54", "text": "You have another bad news. What's going"}, {"start": "00:17:52", "end": "00:17:55", "text": "to happen? What's going to happen? You"}, {"start": "00:17:54", "end": "00:17:57", "text": "know who's going to sell? Sailor now is"}, {"start": "00:17:55", "end": "00:17:59", "text": "buying. Sailor has been dumping on us"}, {"start": "00:17:57", "end": "00:18:01", "text": "week after week. Sailor dumping,"}, {"start": "00:17:59", "end": "00:18:03", "text": "dumping, dumping, dumping ETFs. Look at"}, {"start": "00:18:01", "end": "00:18:05", "text": "ETFs. How much outflow? How much"}, {"start": "00:18:03", "end": "00:18:07", "text": "outflow? Outflow, outflow, outflow. We"}, {"start": "00:18:05", "end": "00:18:09", "text": "had so much outflow in the ETFs. I mean,"}, {"start": "00:18:07", "end": "00:18:11", "text": "it's flowing out so much during the last"}, {"start": "00:18:09", "end": "00:18:13", "text": "months. It's been outflow, outflow,"}, {"start": "00:18:11", "end": "00:18:14", "text": "outflow. Every day outflow 100 million,"}, {"start": "00:18:13", "end": "00:18:16", "text": "100 million, 200 million, bam, bam,"}, {"start": "00:18:14", "end": "00:18:18", "text": "outflow, outflow, outflow. How much"}, {"start": "00:18:16", "end": "00:18:22", "text": "more, you know, how much more outflow."}, {"start": "00:18:18", "end": "00:18:25", "text": "So, that's why at the end of the bear,"}, {"start": "00:18:22", "end": "00:18:27", "text": "bare news does not dump us and bull news"}, {"start": "00:18:25", "end": "00:18:29", "text": "pumps us. And at the end of the bull is"}, {"start": "00:18:27", "end": "00:18:31", "text": "vice versa. Bullish news, no one cares."}, {"start": "00:18:29", "end": "00:18:34", "text": "You can have the best news ever, no one"}, {"start": "00:18:31", "end": "00:18:36", "text": "cares. And then as soon as it gets a bit"}, {"start": "00:18:34", "end": "00:18:37", "text": "bearish, you have down because everyone"}, {"start": "00:18:36", "end": "00:18:41", "text": "is nervous. Everyone wants to get get"}, {"start": "00:18:37", "end": "00:18:45", "text": "out. And the question guys is also in"}, {"start": "00:18:41", "end": "00:18:49", "text": "case you have a plan for this uh uh bull"}, {"start": "00:18:45", "end": "00:18:49", "text": "market. Listen to this."}, {"start": "00:18:51", "end": "00:18:56", "text": "Bitcoin 21 million kept. No printer, no"}, {"start": "00:18:54", "end": "00:18:57", "text": "permission. The soundest money ever"}, {"start": "00:18:56", "end": "00:19:00", "text": "created."}, {"start": "00:18:57", "end": "00:19:03", "text": ">> Mister, I just wanted my happy meal."}, {"start": "00:19:00", "end": "00:19:07", "text": ">> Exactly. He has a plan. Do you mania?"}, {"start": "00:19:03", "end": "00:19:07", "text": "Clear strategies, clear rules."}, {"start": "00:19:07", "end": "00:19:14", "text": ">> This law, guys, I I I love the ASL. The"}, {"start": "00:19:11", "end": "00:19:17", "text": "kid got the wrong burger, but man, he"}, {"start": "00:19:14", "end": "00:19:17", "text": "has a plan."}, {"start": "00:19:19", "end": "00:19:24", "text": "The AI, it cannot get my voice right. It"}, {"start": "00:19:22", "end": "00:19:26", "text": "cannot get my voice right. But it it's"}, {"start": "00:19:24", "end": "00:19:28", "text": "guessing there. It's getting there. It's"}, {"start": "00:19:26", "end": "00:19:31", "text": "getting there."}, {"start": "00:19:28", "end": "00:19:34", "text": "The dumb kid. He got the wrong burger."}, {"start": "00:19:31", "end": "00:19:35", "text": "But he he has a plan, guys."}, {"start": "00:19:34", "end": "00:19:39", "text": "And do you have a plan? I mean, that's"}, {"start": "00:19:35", "end": "00:19:42", "text": "the big question. Do you have a plan?"}, {"start": "00:19:39", "end": "00:19:44", "text": ">> Bitcoin 21 million kept. No printer, no"}, {"start": "00:19:42", "end": "00:19:46", "text": "permission. The soundest money ever"}, {"start": "00:19:44", "end": "00:19:48", "text": "created."}, {"start": "00:19:46", "end": "00:19:51", "text": ">> Mister, I just wanted my happy meal."}, {"start": "00:19:48", "end": "00:19:52", "text": ">> Exactly. He has a plan. Do you? Bulmana."}, {"start": "00:19:51", "end": "00:19:54", "text": "Clear strategy."}, {"start": "00:19:52", "end": "00:19:56", "text": ">> Guys, if you work in like any"}, {"start": "00:19:54", "end": "00:19:58", "text": "hospitality or restaurant, if if some"}, {"start": "00:19:56", "end": "00:20:00", "text": "something gets wrong, Exactly. You have"}, {"start": "00:19:58", "end": "00:20:03", "text": "a plan. That's good."}, {"start": "00:20:00", "end": "00:20:04", "text": "Oo, I I have more slope. Let me know,"}, {"start": "00:20:03", "end": "00:20:06", "text": "guys, if you want to see more slope. I"}, {"start": "00:20:04", "end": "00:20:07", "text": "don't know if this is fun for you, but I"}, {"start": "00:20:06", "end": "00:20:09", "text": "mean, for me, I love this ASI slope. I"}, {"start": "00:20:07", "end": "00:20:11", "text": "have so much. I have so much of it. I"}, {"start": "00:20:09", "end": "00:20:13", "text": "have like too much of it because our"}, {"start": "00:20:11", "end": "00:20:15", "text": "community is mobilizing with the slope."}, {"start": "00:20:13", "end": "00:20:17", "text": "We said the other day that we want more"}, {"start": "00:20:15", "end": "00:20:19", "text": "AI slope. I have so much now, guys. I"}, {"start": "00:20:17", "end": "00:20:22", "text": "have so much. I mean, we are we entered"}, {"start": "00:20:19", "end": "00:20:25", "text": "the AI slope game. It's It's massive."}, {"start": "00:20:22", "end": "00:20:29", "text": "Let Let me play you this one. Oh, yes,"}, {"start": "00:20:25", "end": "00:20:31", "text": "guys. Look at this. I'm harvesting a"}, {"start": "00:20:29", "end": "00:20:34", "text": "bull market with scissors. One coin"}, {"start": "00:20:31", "end": "00:20:36", "text": "here, one influencer there, yada yada."}, {"start": "00:20:34", "end": "00:20:38", "text": "Very, very inefficient. The chart is the"}, {"start": "00:20:36", "end": "00:20:40", "text": "scoreboard. The chart is the truth. When"}, {"start": "00:20:38", "end": "00:20:42", "text": "the market goes bull, you have to move"}, {"start": "00:20:40", "end": "00:20:46", "text": "very, very fast. Bull mania is the"}, {"start": "00:20:42", "end": "00:20:49", "text": "machine. And Bitcoin 21 million fixed."}, {"start": "00:20:46", "end": "00:20:51", "text": "Very, very simple. Follow the trend."}, {"start": "00:20:49", "end": "00:20:53", "text": "Join Bull Mania."}, {"start": "00:20:51", "end": "00:20:56", "text": ">> I love Also, there was let let me check"}, {"start": "00:20:53", "end": "00:20:59", "text": "this video from Mooncat. Mooncat did a"}, {"start": "00:20:56", "end": "00:21:02", "text": "video. It was such a nice cinematic,"}, {"start": "00:20:59", "end": "00:21:04", "text": "man. It's like we are in the Vietnam War"}, {"start": "00:21:02", "end": "00:21:06", "text": "or something. Uh, everyone, let me see."}, {"start": "00:21:04", "end": "00:21:08", "text": "Let me see here. The cinematics are so"}, {"start": "00:21:06", "end": "00:21:13", "text": "nice in this AIS nowadays. Look at this."}, {"start": "00:21:08", "end": "00:21:15", "text": "Look at this. I'm here with Sailor."}, {"start": "00:21:13", "end": "00:21:17", "text": "Everyone listen. We at Bulmia do"}, {"start": "00:21:15", "end": "00:21:19", "text": "whatever it takes to harvest every crop"}, {"start": "00:21:17", "end": "00:21:22", "text": "in this upcoming bull market. No crops"}, {"start": "00:21:19", "end": "00:21:24", "text": "will be left. And the fields are big,"}, {"start": "00:21:22", "end": "00:21:27", "text": "guys. I'm telling you, the fields of the"}, {"start": "00:21:24", "end": "00:21:30", "text": "bull market are big,"}, {"start": "00:21:27", "end": "00:21:32", "text": "but it's also it's so cinematic. Like,"}, {"start": "00:21:30", "end": "00:21:33", "text": "man, it's Hollywood. I think Hollywood"}, {"start": "00:21:32", "end": "00:21:36", "text": "is wrecked, guys. Hollywood is wrecked."}, {"start": "00:21:33", "end": "00:21:37", "text": "I mean, it took like, you know, okay,"}, {"start": "00:21:36", "end": "00:21:38", "text": "for some of this, it takes a bit of"}, {"start": "00:21:37", "end": "00:21:40", "text": "time, I know, for people to make them."}, {"start": "00:21:38", "end": "00:21:42", "text": "Look at Look at this one. Look at this"}, {"start": "00:21:40", "end": "00:21:46", "text": "one. I'm freaking Jedi. I'm freaking"}, {"start": "00:21:42", "end": "00:21:46", "text": "Jedi. Have you seen this?"}, {"start": "00:21:50", "end": "00:21:56", "text": "Bitcoin is a security."}, {"start": "00:21:53", "end": "00:21:58", "text": ">> You still can't define one."}, {"start": "00:21:56", "end": "00:22:01", "text": ">> I am the SEC."}, {"start": "00:21:58", "end": "00:22:01", "text": ">> Not anymore."}, {"start": "00:22:05", "end": "00:22:09", "text": ">> That's crazy, man. That's I mean, this"}, {"start": "00:22:07", "end": "00:22:11", "text": "could have been freaking Star Wars. What"}, {"start": "00:22:09", "end": "00:22:13", "text": "is the difference between this and Star"}, {"start": "00:22:11", "end": "00:22:15", "text": "Wars? There's There's no difference."}, {"start": "00:22:13", "end": "00:22:19", "text": "There's no difference. So Star Wars,"}, {"start": "00:22:15", "end": "00:22:21", "text": "man, it's fito. All all these movies"}, {"start": "00:22:19", "end": "00:22:23", "text": "where there is a lot of CGI,"}, {"start": "00:22:21", "end": "00:22:26", "text": "you don't need it. You don't need you."}, {"start": "00:22:23", "end": "00:22:26", "text": "You have it here."}, {"start": "00:22:28", "end": "00:22:33", "text": ">> Bitcoin is a security."}, {"start": "00:22:31", "end": "00:22:35", "text": "You still can't define one."}, {"start": "00:22:33", "end": "00:22:39", "text": ">> I am the SEC."}, {"start": "00:22:35", "end": "00:22:39", "text": ">> Not anymore."}, {"start": "00:22:40", "end": "00:22:46", "text": ">> That's crazy, man. Big shout out to"}, {"start": "00:22:43", "end": "00:22:48", "text": "small ppe who who made this one because"}, {"start": "00:22:46", "end": "00:22:51", "text": "this one Yeah. Uh very nice idea and"}, {"start": "00:22:48", "end": "00:22:53", "text": "execution. I mean this it's like you"}, {"start": "00:22:51", "end": "00:22:55", "text": "know Star Wars movies look like that."}, {"start": "00:22:53", "end": "00:22:57", "text": "Fantastic. Fantastic guys. Oh guys this"}, {"start": "00:22:55", "end": "00:22:59", "text": "one this is also from Small Pee. This"}, {"start": "00:22:57", "end": "00:23:01", "text": "one has a bit double meaning. Uh this"}, {"start": "00:22:59", "end": "00:23:02", "text": "one has a bit double meaning. This about"}, {"start": "00:23:01", "end": "00:23:05", "text": "Cardano. Let me know if you love"}, {"start": "00:23:02", "end": "00:23:07", "text": "Cardano. This one is a bit double."}, {"start": "00:23:05", "end": "00:23:12", "text": "Charles Hoskinson actually retweeted"}, {"start": "00:23:07", "end": "00:23:12", "text": "this one. Watch. Look at this."}, {"start": "00:23:16", "end": "00:23:20", "text": "Everyone else gave up on Cardano. We"}, {"start": "00:23:18", "end": "00:23:23", "text": "didn't. Come on, Charles. We finished"}, {"start": "00:23:20", "end": "00:23:23", "text": "together."}, {"start": "00:23:24", "end": "00:23:30", "text": "Guys, let me let me know if you have uh"}, {"start": "00:23:26", "end": "00:23:30", "text": "given up on Cardano."}, {"start": "00:23:30", "end": "00:23:34", "text": "If you want to finish together,"}, {"start": "00:23:36", "end": "00:23:40", "text": "everyone else gave up on Cardano. We"}, {"start": "00:23:38", "end": "00:23:41", "text": "didn't. Come on, Charles. We finished"}, {"start": "00:23:40", "end": "00:23:43", "text": "together."}, {"start": "00:23:41", "end": "00:23:45", "text": ">> This one is smart. This one is smart."}, {"start": "00:23:43", "end": "00:23:48", "text": "Let me know guys in your marriage if you"}, {"start": "00:23:45", "end": "00:23:52", "text": "have given up on Cardano"}, {"start": "00:23:48", "end": "00:23:54", "text": "or or or if you did not give up. Man,"}, {"start": "00:23:52", "end": "00:23:57", "text": "small multi. Yeah, this guy has humor."}, {"start": "00:23:54", "end": "00:23:59", "text": "This guy has humor. Now, I was you know"}, {"start": "00:23:57", "end": "00:24:02", "text": "at first when when I saw this purse, I"}, {"start": "00:23:59", "end": "00:24:04", "text": "did not really read too much. I just,"}, {"start": "00:24:02", "end": "00:24:06", "text": "you know, retweeted fast. But then I see"}, {"start": "00:24:04", "end": "00:24:07", "text": "people really love this one. I'm like,"}, {"start": "00:24:06", "end": "00:24:09", "text": "why are people retweeting so much? I"}, {"start": "00:24:07", "end": "00:24:10", "text": "mean, yes, it's Cardano, but why are"}, {"start": "00:24:09", "end": "00:24:12", "text": "they retweeting so much? And then I"}, {"start": "00:24:10", "end": "00:24:17", "text": "actually read the full the full thing."}, {"start": "00:24:12", "end": "00:24:17", "text": "Man, fantastic. Fant."}, {"start": "00:24:19", "end": "00:24:23", "text": ">> Yeah, everyone else gave up on Cardano."}, {"start": "00:24:21", "end": "00:24:24", "text": "We didn't. Come on, Charles. We"}, {"start": "00:24:23", "end": "00:24:27", "text": "finished."}, {"start": "00:24:24", "end": "00:24:29", "text": ">> Oh, yo. Anyway, guys. So, that's that."}, {"start": "00:24:27", "end": "00:24:32", "text": "Enough with ASL for today. Enough with"}, {"start": "00:24:29", "end": "00:24:34", "text": "ASL for today. But it's is a new era,"}, {"start": "00:24:32", "end": "00:24:37", "text": "guys. It's a new era of AI. And we are"}, {"start": "00:24:34", "end": "00:24:38", "text": "big users of AI. And uh yeah, there you"}, {"start": "00:24:37", "end": "00:24:42", "text": "go. There you go, guys. Uh look here."}, {"start": "00:24:38", "end": "00:24:43", "text": "Look here. Um the rate hike. We did"}, {"start": "00:24:42", "end": "00:24:45", "text": "discuss that. And here's another"}, {"start": "00:24:43", "end": "00:24:48", "text": "catalyst which is quite important. Look"}, {"start": "00:24:45", "end": "00:24:51", "text": "here. Anthropic and open AAI will have"}, {"start": "00:24:48", "end": "00:24:53", "text": "their IPOs soon. These are going to be"}, {"start": "00:24:51", "end": "00:24:55", "text": "such big IPOs. I mean trillion plus"}, {"start": "00:24:53", "end": "00:24:58", "text": "dollar IPOs. These ones are going to be"}, {"start": "00:24:55", "end": "00:24:59", "text": "Anthropic and OpenAI. Uh why are they"}, {"start": "00:24:58", "end": "00:25:01", "text": "going to be so big? Because their"}, {"start": "00:24:59", "end": "00:25:04", "text": "revenue is growing a lot. Their business"}, {"start": "00:25:01", "end": "00:25:06", "text": "is growing a lot. I feel now that we've"}, {"start": "00:25:04", "end": "00:25:08", "text": "had more data come out about the"}, {"start": "00:25:06", "end": "00:25:10", "text": "financials. The markets are a bit calmer"}, {"start": "00:25:08", "end": "00:25:11", "text": "when it comes to this AI bubble. I mean"}, {"start": "00:25:10", "end": "00:25:14", "text": "it it seems that the revenues are"}, {"start": "00:25:11", "end": "00:25:16", "text": "growing so much. I mean there's actual"}, {"start": "00:25:14", "end": "00:25:19", "text": "benefit to business and to clients that"}, {"start": "00:25:16", "end": "00:25:22", "text": "the market has calmed down a bit because"}, {"start": "00:25:19", "end": "00:25:24", "text": "it seems that business cases make sense."}, {"start": "00:25:22", "end": "00:25:26", "text": "I mean one example also just you know"}, {"start": "00:25:24", "end": "00:25:28", "text": "our ourselves we have bullmania AI is"}, {"start": "00:25:26", "end": "00:25:29", "text": "the best ever to analyze what's"}, {"start": "00:25:28", "end": "00:25:32", "text": "happening in the market to get morning"}, {"start": "00:25:29", "end": "00:25:33", "text": "brief to get anything. I mean I use it"}, {"start": "00:25:32", "end": "00:25:35", "text": "every day to understand what's happening"}, {"start": "00:25:33", "end": "00:25:37", "text": "in crypto because it's it's I mean it's"}, {"start": "00:25:35", "end": "00:25:39", "text": "just so nice. It's just so nice. Look"}, {"start": "00:25:37", "end": "00:25:41", "text": "here, I just asked it here. What's"}, {"start": "00:25:39", "end": "00:25:43", "text": "happening on Robin Hood chain? Okay,"}, {"start": "00:25:41", "end": "00:25:45", "text": "just in the last 96 hours. It gives you"}, {"start": "00:25:43", "end": "00:25:48", "text": "everything. It has all of the data"}, {"start": "00:25:45", "end": "00:25:52", "text": "integrated. It has all of the"}, {"start": "00:25:48", "end": "00:25:54", "text": "influencers yada yada in included. It"}, {"start": "00:25:52", "end": "00:25:58", "text": "knows which influencers it gets all the"}, {"start": "00:25:54", "end": "00:26:00", "text": "data. It's like fully plugged into the"}, {"start": "00:25:58", "end": "00:26:01", "text": "crypto markets and influencer markets"}, {"start": "00:26:00", "end": "00:26:03", "text": "and everything. It links to every it has"}, {"start": "00:26:01", "end": "00:26:05", "text": "all of these integrations. I mean, it's"}, {"start": "00:26:03", "end": "00:26:07", "text": "the best. It's the best for AI for for"}, {"start": "00:26:05", "end": "00:26:10", "text": "crypto as a crypto. This one is the"}, {"start": "00:26:07", "end": "00:26:12", "text": "best. But so here is where all our"}, {"start": "00:26:10", "end": "00:26:15", "text": "members get it for free included in"}, {"start": "00:26:12", "end": "00:26:17", "text": "Bulmania, which means that we now have"}, {"start": "00:26:15", "end": "00:26:20", "text": "more demand for Bulmania ever. So I'm"}, {"start": "00:26:17", "end": "00:26:23", "text": "just showing you an example here of AI"}, {"start": "00:26:20", "end": "00:26:25", "text": "making more revenue because businesses"}, {"start": "00:26:23", "end": "00:26:27", "text": "can now offer better product. I mean"}, {"start": "00:26:25", "end": "00:26:30", "text": "Bulmania is prime example which means"}, {"start": "00:26:27", "end": "00:26:32", "text": "that obviously we pay for the freaking"}, {"start": "00:26:30", "end": "00:26:35", "text": "AI get the modeling, get the different"}, {"start": "00:26:32", "end": "00:26:38", "text": "models. We have a whole AI infra to to"}, {"start": "00:26:35", "end": "00:26:41", "text": "pick the correct model yada yada. Uh and"}, {"start": "00:26:38", "end": "00:26:45", "text": "so yeah, we are a prime example how the"}, {"start": "00:26:41", "end": "00:26:47", "text": "AI revolution has gone from the client"}, {"start": "00:26:45", "end": "00:26:48", "text": "people who are joining bulmania all the"}, {"start": "00:26:47", "end": "00:26:50", "text": "way to these big takes in the data"}, {"start": "00:26:48", "end": "00:26:52", "text": "center where they are I don't know some"}, {"start": "00:26:50", "end": "00:26:53", "text": "data center they're building Elon"}, {"start": "00:26:52", "end": "00:26:56", "text": "building the biggest data center in the"}, {"start": "00:26:53", "end": "00:26:58", "text": "world etc. So from this perspective uh"}, {"start": "00:26:56", "end": "00:27:01", "text": "anthropic and open AAI they have a good"}, {"start": "00:26:58", "end": "00:27:03", "text": "chance to do this massive IPOs okay"}, {"start": "00:27:01", "end": "00:27:07", "text": "because now at least right now the"}, {"start": "00:27:03", "end": "00:27:08", "text": "market seems to be bullish AI and not"}, {"start": "00:27:07", "end": "00:27:10", "text": "that worried like a few months ago about"}, {"start": "00:27:08", "end": "00:27:12", "text": "the bubble okay so they they really need"}, {"start": "00:27:10", "end": "00:27:13", "text": "to use the time because this can change"}, {"start": "00:27:12", "end": "00:27:15", "text": "I mean in a month maybe it's different"}, {"start": "00:27:13", "end": "00:27:17", "text": "in a month maybe bad data starts coming"}, {"start": "00:27:15", "end": "00:27:19", "text": "out in a month you know things change"}, {"start": "00:27:17", "end": "00:27:20", "text": "very very fast in the financial markets"}, {"start": "00:27:19", "end": "00:27:22", "text": "because it all depends you know what"}, {"start": "00:27:20", "end": "00:27:23", "text": "what kind of revenue numbers they get"}, {"start": "00:27:22", "end": "00:27:26", "text": "etc etc"}, {"start": "00:27:23", "end": "00:27:28", "text": "If they do this big I IPOs, there's"}, {"start": "00:27:26", "end": "00:27:30", "text": "going to be a lot of money transferred"}, {"start": "00:27:28", "end": "00:27:32", "text": "from Tradfi into the hands of all of"}, {"start": "00:27:30", "end": "00:27:34", "text": "these gigs that work there and create"}, {"start": "00:27:32", "end": "00:27:36", "text": "all of these AIs. And the question is"}, {"start": "00:27:34", "end": "00:27:38", "text": "going to be, what are the gigs going to"}, {"start": "00:27:36", "end": "00:27:40", "text": "do with the money? What are they going"}, {"start": "00:27:38", "end": "00:27:44", "text": "to do with the money? Employee lockups"}, {"start": "00:27:40", "end": "00:27:47", "text": "expire usually 180 days from IPO. And"}, {"start": "00:27:44", "end": "00:27:49", "text": "you will likely see San Francisco real"}, {"start": "00:27:47", "end": "00:27:51", "text": "estate get a nice pump. Although, if you"}, {"start": "00:27:49", "end": "00:27:53", "text": "are rich, I would not buy San Francisco"}, {"start": "00:27:51", "end": "00:27:55", "text": "real estate. Instead, I would start"}, {"start": "00:27:53", "end": "00:27:57", "text": "building my connection to a low tax"}, {"start": "00:27:55", "end": "00:28:00", "text": "jurisdiction instead of San Francisco"}, {"start": "00:27:57", "end": "00:28:02", "text": "buy in Florida or whatever. You if you"}, {"start": "00:28:00", "end": "00:28:04", "text": "get the money, you the last thing you"}, {"start": "00:28:02", "end": "00:28:06", "text": "want to do is to establish yourself in"}, {"start": "00:28:04", "end": "00:28:08", "text": "the high tax jurisdiction. Okay? You you"}, {"start": "00:28:06", "end": "00:28:10", "text": "still have to tax it. Uh now that you"}, {"start": "00:28:08", "end": "00:28:12", "text": "get the money and you are there, but uh"}, {"start": "00:28:10", "end": "00:28:14", "text": "if you plan to not work, you you need to"}, {"start": "00:28:12", "end": "00:28:16", "text": "get out. So, don't buy San Francisco"}, {"start": "00:28:14", "end": "00:28:18", "text": "real estate. Buy low tax jurisdiction"}, {"start": "00:28:16", "end": "00:28:19", "text": "real estate. But anyway, that that's"}, {"start": "00:28:18", "end": "00:28:20", "text": "likely going to go up some shisk real"}, {"start": "00:28:19", "end": "00:28:23", "text": "estate because people don't think too"}, {"start": "00:28:20", "end": "00:28:25", "text": "much and crypto and crypto. Okay?"}, {"start": "00:28:23", "end": "00:28:28", "text": "Because crypto is the best opportunity"}, {"start": "00:28:25", "end": "00:28:28", "text": "uh for everyone now. It's so low and a"}, {"start": "00:28:28", "end": "00:28:30", "text": "lot of these geeks they understand"}, {"start": "00:28:28", "end": "00:28:33", "text": "crypto. That's the thing. A a lot of the"}, {"start": "00:28:30", "end": "00:28:35", "text": "nerds, the the the coders, they got it."}, {"start": "00:28:33", "end": "00:28:37", "text": "They got it. I mean, for them, it's uh"}, {"start": "00:28:35", "end": "00:28:39", "text": "easy. It's easy, easy, easy. Uh look"}, {"start": "00:28:37", "end": "00:28:43", "text": "here. This is another bullish thing with"}, {"start": "00:28:39", "end": "00:28:44", "text": "Scott Bessant that and Scott Bessant and"}, {"start": "00:28:43", "end": "00:28:47", "text": "him speaking about the fact that they"}, {"start": "00:28:44", "end": "00:28:50", "text": "can increase the debt. He's saying that"}, {"start": "00:28:47", "end": "00:28:51", "text": "debt is not a problem. Okay, there's no"}, {"start": "00:28:50", "end": "00:28:53", "text": "concern of a rising debt. He's saying"}, {"start": "00:28:51", "end": "00:28:55", "text": "that the US market is the best"}, {"start": "00:28:53", "end": "00:28:57", "text": "performing among his global peers. Ya da"}, {"start": "00:28:55", "end": "00:28:59", "text": "da da. Okay, very important. So, this is"}, {"start": "00:28:57", "end": "00:29:02", "text": "another bullish thing. The money will"}, {"start": "00:28:59", "end": "00:29:07", "text": "keep coming. The money will keep coming."}, {"start": "00:29:02", "end": "00:29:09", "text": "Uh, now this guy this guy say um"}, {"start": "00:29:07", "end": "00:29:12", "text": "yeah, you can read here basically, but"}, {"start": "00:29:09", "end": "00:29:13", "text": "Besson has a bit of a spicy takes on"}, {"start": "00:29:12", "end": "00:29:14", "text": "Canada. Uh, I don't know if they're"}, {"start": "00:29:13", "end": "00:29:17", "text": "going to go and take over Canada or"}, {"start": "00:29:14", "end": "00:29:20", "text": "whatever, but listen to this. And uh"}, {"start": "00:29:17", "end": "00:29:21", "text": "basically yeah um yeah I don't want to"}, {"start": "00:29:20", "end": "00:29:22", "text": "say it on YouTube you can read yourself"}, {"start": "00:29:21", "end": "00:29:24", "text": "here"}, {"start": "00:29:22", "end": "00:29:25", "text": ">> to figure out and when the next"}, {"start": "00:29:24", "end": "00:29:27", "text": ">> see I mean this is the best thing with"}, {"start": "00:29:25", "end": "00:29:29", "text": "Twitter Twitter they are number one"}, {"start": "00:29:27", "end": "00:29:31", "text": "there is no issue with copyright on"}, {"start": "00:29:29", "end": "00:29:33", "text": "Twitter you know people can post song"}, {"start": "00:29:31", "end": "00:29:35", "text": "without uh like you know getting"}, {"start": "00:29:33", "end": "00:29:37", "text": "copyrighted if it's fair use no problem"}, {"start": "00:29:35", "end": "00:29:39", "text": "and also you can be more edgy on Twitter"}, {"start": "00:29:37", "end": "00:29:42", "text": "of course uh let's listen to Scott"}, {"start": "00:29:39", "end": "00:29:44", "text": "Bessant and his attack on Canada"}, {"start": "00:29:42", "end": "00:29:45", "text": ">> to gear up in in the next three months"}, {"start": "00:29:44", "end": "00:29:46", "text": "and finally are you meeting with your"}, {"start": "00:29:45", "end": "00:29:47", "text": "Canadian"}, {"start": "00:29:46", "end": "00:29:48", "text": "counterpart here."}, {"start": "00:29:47", "end": "00:29:50", "text": ">> I am"}, {"start": "00:29:48", "end": "00:29:52", "text": ">> because I guess market's wondering if"}, {"start": "00:29:50", "end": "00:29:52", "text": "we're now in a tit fortat trade war with"}, {"start": "00:29:52", "end": "00:29:53", "text": "Canada."}, {"start": "00:29:52", "end": "00:29:55", "text": ">> Well, I don't think you can be in a tit"}, {"start": "00:29:53", "end": "00:29:57", "text": "for tat with someone who's 13 times"}, {"start": "00:29:55", "end": "00:29:59", "text": "larger than you are."}, {"start": "00:29:57", "end": "00:30:01", "text": ">> They say they're doing okay."}, {"start": "00:29:59", "end": "00:30:02", "text": ">> What else are they going to say? You"}, {"start": "00:30:01", "end": "00:30:05", "text": "know, look, I I think this is very"}, {"start": "00:30:02", "end": "00:30:08", "text": "unfortunate that Prime Minister Carney"}, {"start": "00:30:05", "end": "00:30:10", "text": "has turned this into the uh a political"}, {"start": "00:30:08", "end": "00:30:11", "text": "shouting match. I mean, we're not at war"}, {"start": "00:30:10", "end": "00:30:12", "text": "with Canada. How are we going to be at"}, {"start": "00:30:11", "end": "00:30:14", "text": "war with Canada? what they're going to"}, {"start": "00:30:12", "end": "00:30:17", "text": "take their two sub submarines from the"}, {"start": "00:30:14", "end": "00:30:21", "text": "Edmonton mall and sick them on us that"}, {"start": "00:30:17", "end": "00:30:23", "text": "you know he he came to power they uh"}, {"start": "00:30:21", "end": "00:30:25", "text": ">> he doesn't say anything more than he"}, {"start": "00:30:23", "end": "00:30:27", "text": "just but I love Scott you don't mess"}, {"start": "00:30:25", "end": "00:30:29", "text": "with Scott Besson I can tell that you"}, {"start": "00:30:27", "end": "00:30:30", "text": "don't mess with Scott Besson Elon Musk"}, {"start": "00:30:29", "end": "00:30:33", "text": "tried messing with Scott Bessant he got"}, {"start": "00:30:30", "end": "00:30:35", "text": "a black eye you can uh Google that Elon"}, {"start": "00:30:33", "end": "00:30:37", "text": "Musk Scott Besson ninja moves literally"}, {"start": "00:30:35", "end": "00:30:40", "text": "Google it okay I'm not kidding I'm not"}, {"start": "00:30:37", "end": "00:30:42", "text": "making it up ninja uh Scott Bessent"}, {"start": "00:30:40", "end": "00:30:44", "text": "ninja moves Elon Musk blackout. You're"}, {"start": "00:30:42", "end": "00:30:46", "text": "going to see that before before this"}, {"start": "00:30:44", "end": "00:30:48", "text": "administration really got going. You"}, {"start": "00:30:46", "end": "00:30:51", "text": "remember Elon Musk tried to do a lot of"}, {"start": "00:30:48", "end": "00:30:53", "text": "cuts, a lot of cuts and uh Scott Besson"}, {"start": "00:30:51", "end": "00:30:55", "text": "did not like Doge. He did not like the"}, {"start": "00:30:53", "end": "00:30:58", "text": "cuts because it messes with his budget"}, {"start": "00:30:55", "end": "00:31:00", "text": "GDP if you have a bunch of unemployment."}, {"start": "00:30:58", "end": "00:31:02", "text": "There's there was a big conflict of"}, {"start": "00:31:00", "end": "00:31:04", "text": "interest between Elon Musk and Scott"}, {"start": "00:31:02", "end": "00:31:06", "text": "Besson because Elon Musk wants the doge"}, {"start": "00:31:04", "end": "00:31:09", "text": "the cut efficiency yada yada. Scott"}, {"start": "00:31:06", "end": "00:31:10", "text": "Besson man if you cut so much job it's"}, {"start": "00:31:09", "end": "00:31:11", "text": "going to be on unemployment. It's not"}, {"start": "00:31:10", "end": "00:31:15", "text": "good. It's not good. I mean, all of"}, {"start": "00:31:11", "end": "00:31:16", "text": "these different uh people in government,"}, {"start": "00:31:15", "end": "00:31:18", "text": "they they're needed for economy to"}, {"start": "00:31:16", "end": "00:31:19", "text": "function. Okay, you remove them. What"}, {"start": "00:31:18", "end": "00:31:21", "text": "they going to do? They're going to go"}, {"start": "00:31:19", "end": "00:31:22", "text": "unemployed. What are they going to do?"}, {"start": "00:31:21", "end": "00:31:24", "text": "Yes. Ideally, you should have people"}, {"start": "00:31:22", "end": "00:31:26", "text": "making their own money in the private"}, {"start": "00:31:24", "end": "00:31:28", "text": "sector. Ideally, I mean, listen, I'm a"}, {"start": "00:31:26", "end": "00:31:30", "text": "capitalist. I don't want anyone to be in"}, {"start": "00:31:28", "end": "00:31:33", "text": "government. Okay? I So, ideally, you you"}, {"start": "00:31:30", "end": "00:31:36", "text": "should have people working in private"}, {"start": "00:31:33", "end": "00:31:38", "text": "sector, making business, making money,"}, {"start": "00:31:36", "end": "00:31:39", "text": "providing service, and then a few guys"}, {"start": "00:31:38", "end": "00:31:41", "text": "just administering the government."}, {"start": "00:31:39", "end": "00:31:43", "text": "That's it. I mean that that's my best"}, {"start": "00:31:41", "end": "00:31:45", "text": "that's my best but listen in the US when"}, {"start": "00:31:43", "end": "00:31:47", "text": "you have such a big country you cannot"}, {"start": "00:31:45", "end": "00:31:50", "text": "be that much capitalistic I mean because"}, {"start": "00:31:47", "end": "00:31:51", "text": "you have so many people who you know"}, {"start": "00:31:50", "end": "00:31:52", "text": "they work in government their whole life"}, {"start": "00:31:51", "end": "00:31:53", "text": "what they going to do man what they"}, {"start": "00:31:52", "end": "00:31:54", "text": "going to do you have millions and"}, {"start": "00:31:53", "end": "00:31:56", "text": "millions and millions and millions of"}, {"start": "00:31:54", "end": "00:31:58", "text": "them okay in Singapore Hong Kong small"}, {"start": "00:31:56", "end": "00:32:00", "text": "jurisdiction you can be you can live the"}, {"start": "00:31:58", "end": "00:32:02", "text": "capitalistic dream you can live"}, {"start": "00:32:00", "end": "00:32:04", "text": "capitalistic dream that's why they're so"}, {"start": "00:32:02", "end": "00:32:06", "text": "great for business but in a big country"}, {"start": "00:32:04", "end": "00:32:07", "text": "you have such a big you know big groups"}, {"start": "00:32:06", "end": "00:32:09", "text": "of players they don't want to work but"}, {"start": "00:32:07", "end": "00:32:12", "text": "they vote for you so you need to ensure"}, {"start": "00:32:09", "end": "00:32:14", "text": "they're happy. Okay. Okay. In big that's"}, {"start": "00:32:12", "end": "00:32:16", "text": "why big countries normally they're not"}, {"start": "00:32:14", "end": "00:32:18", "text": "they're not the best jurisdiction for uh"}, {"start": "00:32:16", "end": "00:32:20", "text": "for business because they have so many"}, {"start": "00:32:18", "end": "00:32:22", "text": "interest groups they have to cater to"}, {"start": "00:32:20", "end": "00:32:23", "text": "that it's going to be somewhere in"}, {"start": "00:32:22", "end": "00:32:25", "text": "between. Okay. Maybe not super high"}, {"start": "00:32:23", "end": "00:32:28", "text": "maybe it's going to be somewhere in"}, {"start": "00:32:25", "end": "00:32:29", "text": "between. Okay. And the creme de la creme"}, {"start": "00:32:28", "end": "00:32:31", "text": "for business is always the small"}, {"start": "00:32:29", "end": "00:32:32", "text": "countries where they don't have too much"}, {"start": "00:32:31", "end": "00:32:34", "text": "of these playbook groups they have to"}, {"start": "00:32:32", "end": "00:32:35", "text": "appeal to and they can say listen we are"}, {"start": "00:32:34", "end": "00:32:37", "text": "open for business. We have small"}, {"start": "00:32:35", "end": "00:32:39", "text": "government efficient bum bum bum bum"}, {"start": "00:32:37", "end": "00:32:40", "text": "bum. Everyone go do business. Benefit"}, {"start": "00:32:39", "end": "00:32:42", "text": "zero benefit. You no one has benefit."}, {"start": "00:32:40", "end": "00:32:45", "text": "You have to do business. Business"}, {"start": "00:32:42", "end": "00:32:46", "text": "business business. Make your own monies"}, {"start": "00:32:45", "end": "00:32:49", "text": "as much as possible. Very important."}, {"start": "00:32:46", "end": "00:32:51", "text": "Okay, moving on guys. A bit of a side"}, {"start": "00:32:49", "end": "00:32:53", "text": "note, but uh health guys. Very"}, {"start": "00:32:51", "end": "00:32:56", "text": "important. Health very important. Uh you"}, {"start": "00:32:53", "end": "00:32:59", "text": "know, I was uh not in in the best shape"}, {"start": "00:32:56", "end": "00:33:01", "text": "earlier this year. This is me uh last"}, {"start": "00:32:59", "end": "00:33:03", "text": "few days. Way better. I can tell you"}, {"start": "00:33:01", "end": "00:33:05", "text": "health is so so important. It doesn't"}, {"start": "00:33:03", "end": "00:33:07", "text": "matter how much Bitcoin you have. um you"}, {"start": "00:33:05", "end": "00:33:09", "text": "know you have the best watch, the best"}, {"start": "00:33:07", "end": "00:33:11", "text": "plane. If you're not healthy, you're in"}, {"start": "00:33:09", "end": "00:33:13", "text": "bad shape, it all doesn't matter. For"}, {"start": "00:33:11", "end": "00:33:16", "text": "example, you know, we all work here to"}, {"start": "00:33:13", "end": "00:33:18", "text": "make money this and that in crypto to to"}, {"start": "00:33:16", "end": "00:33:20", "text": "earn, to trade, to get money. But the"}, {"start": "00:33:18", "end": "00:33:22", "text": "thing is, you can have the cheapest"}, {"start": "00:33:20", "end": "00:33:23", "text": "clothes and look amazing if you're fit"}, {"start": "00:33:22", "end": "00:33:25", "text": "or you can have all wealth and have"}, {"start": "00:33:23", "end": "00:33:28", "text": "expensive things and they will not make"}, {"start": "00:33:25", "end": "00:33:29", "text": "you look good if you are fat. Okay? No"}, {"start": "00:33:28", "end": "00:33:32", "text": "clothes can make you look good if you're"}, {"start": "00:33:29", "end": "00:33:35", "text": "out of shape. Okay? Very important. And"}, {"start": "00:33:32", "end": "00:33:38", "text": "and for me personally, I was a million%"}, {"start": "00:33:35", "end": "00:33:41", "text": "focused on crypto, on trading, on uh on"}, {"start": "00:33:38", "end": "00:33:43", "text": "business. I was so so focused on wealth"}, {"start": "00:33:41", "end": "00:33:46", "text": "that uh health for me was a bit"}, {"start": "00:33:43", "end": "00:33:48", "text": "secondary. Okay. But uh you see a big"}, {"start": "00:33:46", "end": "00:33:51", "text": "difference. I think after the the age of"}, {"start": "00:33:48", "end": "00:33:53", "text": "approximately 25, you become very ugly"}, {"start": "00:33:51", "end": "00:33:55", "text": "very fast if you if you don't don't take"}, {"start": "00:33:53", "end": "00:33:58", "text": "care of yourself. And also, you know,"}, {"start": "00:33:55", "end": "00:34:00", "text": "energy level. After the age of 25, like"}, {"start": "00:33:58", "end": "00:34:02", "text": "all of the freebies that you get from"}, {"start": "00:34:00", "end": "00:34:04", "text": "nature, they end. there are no more"}, {"start": "00:34:02", "end": "00:34:08", "text": "freebie. Okay, you eat too much fat"}, {"start": "00:34:04", "end": "00:34:09", "text": "going to be going very very fast. So you"}, {"start": "00:34:08", "end": "00:34:11", "text": "see also big difference especially after"}, {"start": "00:34:09", "end": "00:34:13", "text": "you know 30 35 people that take care of"}, {"start": "00:34:11", "end": "00:34:15", "text": "themselves and you know the the ones"}, {"start": "00:34:13", "end": "00:34:17", "text": "that don't. It's such a big deviation"}, {"start": "00:34:15", "end": "00:34:21", "text": "such such a big deviation. So as we"}, {"start": "00:34:17", "end": "00:34:24", "text": "enter the uh the bull market just a"}, {"start": "00:34:21", "end": "00:34:26", "text": "reminder guys health is very important"}, {"start": "00:34:24", "end": "00:34:28", "text": "and you know this is not even my words"}, {"start": "00:34:26", "end": "00:34:30", "text": "if a few years ago I was even bigger."}, {"start": "00:34:28", "end": "00:34:32", "text": "Okay, I'm going to make you a full story"}, {"start": "00:34:30", "end": "00:34:34", "text": "very very soon about you know me from"}, {"start": "00:34:32", "end": "00:34:36", "text": "going like a big freaking whale, like a"}, {"start": "00:34:34", "end": "00:34:39", "text": "blue whale in the middle of the ocean."}, {"start": "00:34:36", "end": "00:34:41", "text": "Uh I mean my fat percent was so big it"}, {"start": "00:34:39", "end": "00:34:42", "text": "was crazy. I barely fit in the frame."}, {"start": "00:34:41", "end": "00:34:46", "text": "You you guys remember those times? I"}, {"start": "00:34:42", "end": "00:34:48", "text": "think it was like 2022. I I turned on"}, {"start": "00:34:46", "end": "00:34:50", "text": "the stream. I barely fit in the frame. I"}, {"start": "00:34:48", "end": "00:34:54", "text": "I I I don't I didn't fit in the frame."}, {"start": "00:34:50", "end": "00:34:54", "text": "Okay. I had to like zoom out."}, {"start": "00:34:55", "end": "00:34:59", "text": "I had to zoom out so much. So very very"}, {"start": "00:34:57", "end": "00:35:01", "text": "important. Oh, and another thing guys,"}, {"start": "00:34:59", "end": "00:35:03", "text": "another thing guys, I want to give you a"}, {"start": "00:35:01", "end": "00:35:06", "text": "bit of motivation because uh okay, most"}, {"start": "00:35:03", "end": "00:35:07", "text": "guys, most people when they see this,"}, {"start": "00:35:06", "end": "00:35:09", "text": "they get inspired. But there's a small"}, {"start": "00:35:07", "end": "00:35:11", "text": "uh percent who is like, \"Oh no, I I"}, {"start": "00:35:09", "end": "00:35:13", "text": "haven't I I haven't to go. I haven't"}, {"start": "00:35:11", "end": "00:35:15", "text": "took this and that.\" And you know what"}, {"start": "00:35:13", "end": "00:35:16", "text": "kind of mindset do you have to be in to"}, {"start": "00:35:15", "end": "00:35:18", "text": "think that to lose weight, you need"}, {"start": "00:35:16", "end": "00:35:20", "text": "chemical? Because at the end of the day,"}, {"start": "00:35:18", "end": "00:35:21", "text": "losing weight, it's simple. It's not"}, {"start": "00:35:20", "end": "00:35:24", "text": "easy, but it's simple. Like it's a"}, {"start": "00:35:21", "end": "00:35:26", "text": "caloric deficit. It is you need to lift"}, {"start": "00:35:24", "end": "00:35:28", "text": "heavier in the gym. But that's like it's"}, {"start": "00:35:26", "end": "00:35:31", "text": "not complex and you know having down"}, {"start": "00:35:28", "end": "00:35:33", "text": "gone down in weight and then you know"}, {"start": "00:35:31", "end": "00:35:35", "text": "seeing how many people think that you"}, {"start": "00:35:33", "end": "00:35:36", "text": "have to do something external to lose"}, {"start": "00:35:35", "end": "00:35:38", "text": "weight is crazy because it also means"}, {"start": "00:35:36", "end": "00:35:40", "text": "that people don't really believe in"}, {"start": "00:35:38", "end": "00:35:43", "text": "themselves. Okay, if you think that you"}, {"start": "00:35:40", "end": "00:35:44", "text": "need external chemical to go down uh"}, {"start": "00:35:43", "end": "00:35:45", "text": "it's very bad because you can do it"}, {"start": "00:35:44", "end": "00:35:47", "text": "yourself. I mean maybe we're going to do"}, {"start": "00:35:45", "end": "00:35:49", "text": "a whole video on it. Let me know if"}, {"start": "00:35:47", "end": "00:35:52", "text": "you're if you guys are interested. But"}, {"start": "00:35:49", "end": "00:35:54", "text": "don't take any any chemical. I I highly"}, {"start": "00:35:52", "end": "00:35:56", "text": "highly advise not to take chemical"}, {"start": "00:35:54", "end": "00:35:57", "text": "because you need to change your"}, {"start": "00:35:56", "end": "00:35:58", "text": "lifestyle otherwise you're going to be"}, {"start": "00:35:57", "end": "00:36:00", "text": "addicted for the rest of your life to"}, {"start": "00:35:58", "end": "00:36:02", "text": "chemical and it's not good and it's and"}, {"start": "00:36:00", "end": "00:36:04", "text": "thing is it's not hard like the thing"}, {"start": "00:36:02", "end": "00:36:05", "text": "it's not hard to not be fat it's not"}, {"start": "00:36:04", "end": "00:36:08", "text": "hard it's not hard it's not hard at all"}, {"start": "00:36:05", "end": "00:36:10", "text": "to not be fat it does like it does take"}, {"start": "00:36:08", "end": "00:36:11", "text": "a bit of a transformation in your brain"}, {"start": "00:36:10", "end": "00:36:14", "text": "because it's simple but it's not easy"}, {"start": "00:36:11", "end": "00:36:17", "text": "because people have bad mindset such"}, {"start": "00:36:14", "end": "00:36:20", "text": "such a bad bad mind and I was there"}, {"start": "00:36:17", "end": "00:36:22", "text": "myself okay you just have to not eat as"}, {"start": "00:36:20", "end": "00:36:25", "text": "much as you ate before and go to the gym"}, {"start": "00:36:22", "end": "00:36:26", "text": "and lift heavier every day. That's on a"}, {"start": "00:36:25", "end": "00:36:28", "text": "big picture that's it. Obviously, there"}, {"start": "00:36:26", "end": "00:36:29", "text": "are many details, but on a big picture"}, {"start": "00:36:28", "end": "00:36:31", "text": "that's it. You don't need any chemical"}, {"start": "00:36:29", "end": "00:36:33", "text": "for that. Okay? If you want to be Arnold"}, {"start": "00:36:31", "end": "00:36:35", "text": "Schwarzenegger, you want to be Mr."}, {"start": "00:36:33", "end": "00:36:38", "text": "Olympia for that natural, you cannot be"}, {"start": "00:36:35", "end": "00:36:40", "text": "Mr. Olympia natural, obviously. But for"}, {"start": "00:36:38", "end": "00:36:41", "text": "this to be in good shape, no one needs"}, {"start": "00:36:40", "end": "00:36:43", "text": "chemical to be in good shape. You don't"}, {"start": "00:36:41", "end": "00:36:45", "text": "need chemical. You just need to lose the"}, {"start": "00:36:43", "end": "00:36:46", "text": "freaking fat. Anyway, that's that guy."}, {"start": "00:36:45", "end": "00:36:48", "text": "As we get in bull market, it's very"}, {"start": "00:36:46", "end": "00:36:50", "text": "important. It's very important. Why?"}, {"start": "00:36:48", "end": "00:36:52", "text": "because uh uh I know but for myself in a"}, {"start": "00:36:50", "end": "00:36:55", "text": "bull market uh in the past I never take"}, {"start": "00:36:52", "end": "00:36:58", "text": "care of myself. I only look at the"}, {"start": "00:36:55", "end": "00:37:00", "text": "charts the cryptos it's 247 it's uh you"}, {"start": "00:36:58", "end": "00:37:02", "text": "know but you have to take care oh guys"}, {"start": "00:37:00", "end": "00:37:05", "text": "by the way another thing as as we are"}, {"start": "00:37:02", "end": "00:37:06", "text": "posting content from uh from the jet"}, {"start": "00:37:05", "end": "00:37:09", "text": "it's another thing exactly about the"}, {"start": "00:37:06", "end": "00:37:12", "text": "same topic many people are like oh Ivan"}, {"start": "00:37:09", "end": "00:37:15", "text": "Ivan AI generated the plane oh Ivan did"}, {"start": "00:37:12", "end": "00:37:18", "text": "you use AI to it it's also such a"}, {"start": "00:37:15", "end": "00:37:20", "text": "interesting thought like people really"}, {"start": "00:37:18", "end": "00:37:22", "text": "think that flying on a jet that is like"}, {"start": "00:37:20", "end": "00:37:24", "text": "out of their reach so much that when"}, {"start": "00:37:22", "end": "00:37:26", "text": "they see someone else. Oh, it's going to"}, {"start": "00:37:24", "end": "00:37:28", "text": "be I it's going to be AI. Man, listen."}, {"start": "00:37:26", "end": "00:37:30", "text": "Private jet, it's a few tens of"}, {"start": "00:37:28", "end": "00:37:33", "text": "thousands. If you have a few million,"}, {"start": "00:37:30", "end": "00:37:36", "text": "you literally get it for free from US"}, {"start": "00:37:33", "end": "00:37:38", "text": "government. Okay? You buy treasury. I"}, {"start": "00:37:36", "end": "00:37:40", "text": "mean, I I never pay for any jet because"}, {"start": "00:37:38", "end": "00:37:44", "text": "Donald Trump pays it, Scott Besson pays"}, {"start": "00:37:40", "end": "00:37:45", "text": "it. You put it in US Treasury, you get"}, {"start": "00:37:44", "end": "00:37:47", "text": "yield. Obviously, you need initial"}, {"start": "00:37:45", "end": "00:37:50", "text": "capital. You need initial capital to"}, {"start": "00:37:47", "end": "00:37:52", "text": "have yield. In Bullmania, we have a stay"}, {"start": "00:37:50", "end": "00:37:54", "text": "rich section about uh bonds, money"}, {"start": "00:37:52", "end": "00:37:56", "text": "market funds, how to spread your money"}, {"start": "00:37:54", "end": "00:37:59", "text": "across different asset classes where you"}, {"start": "00:37:56", "end": "00:38:01", "text": "have growth in stocks and crypto. Then"}, {"start": "00:37:59", "end": "00:38:03", "text": "you have defensive strategy in bonds."}, {"start": "00:38:01", "end": "00:38:05", "text": "But literally bonds now give you 5% per"}, {"start": "00:38:03", "end": "00:38:07", "text": "year. Okay? You have a few million, man."}, {"start": "00:38:05", "end": "00:38:08", "text": "You can fly private jet for free. Like"}, {"start": "00:38:07", "end": "00:38:12", "text": "literally for free. Literally Donald"}, {"start": "00:38:08", "end": "00:38:14", "text": "Trump paid for this. I don't pay for"}, {"start": "00:38:12", "end": "00:38:15", "text": "Donald Trump paid for it. Just passive"}, {"start": "00:38:14", "end": "00:38:17", "text": "treasury. You don't do anything. And I"}, {"start": "00:38:15", "end": "00:38:19", "text": "didn't do anything. I just sat on my ass"}, {"start": "00:38:17", "end": "00:38:21", "text": "and money came from Donald Trump and"}, {"start": "00:38:19", "end": "00:38:23", "text": "Scott Besson and Scott Besson together."}, {"start": "00:38:21", "end": "00:38:25", "text": "And we're going to pink the White House."}, {"start": "00:38:23", "end": "00:38:27", "text": "Uh we're going to paint the White House"}, {"start": "00:38:25", "end": "00:38:28", "text": "pink if we get Scott Bessent as"}, {"start": "00:38:27", "end": "00:38:31", "text": "president and he's going to go hard"}, {"start": "00:38:28", "end": "00:38:31", "text": "after Canada."}, {"start": "00:38:31", "end": "00:38:36", "text": "But yeah, guys, it's a bit of"}, {"start": "00:38:33", "end": "00:38:39", "text": "motivation. You losing fat, not complic"}, {"start": "00:38:36", "end": "00:38:43", "text": "complic uh flying private. Uh listen, if"}, {"start": "00:38:39", "end": "00:38:44", "text": "you get initial capital, don't worry."}, {"start": "00:38:43", "end": "00:38:46", "text": "Don't worry. It's not, you know, this"}, {"start": "00:38:44", "end": "00:38:47", "text": "this kind of thing that, oh, oh my god,"}, {"start": "00:38:46", "end": "00:38:49", "text": "you know, it's impossible. It's very"}, {"start": "00:38:47", "end": "00:38:51", "text": "possible. It's very, you can do it. Very"}, {"start": "00:38:49", "end": "00:38:53", "text": "possible. Uh, join Bulmania. Very"}, {"start": "00:38:51", "end": "00:38:55", "text": "important. Uh, we teach you how markets"}, {"start": "00:38:53", "end": "00:38:58", "text": "work. Join the Booming newsletter for"}, {"start": "00:38:55", "end": "00:39:00", "text": "free. You link below. Very important."}, {"start": "00:38:58", "end": "00:39:02", "text": "Very important. Okay. And now is the"}, {"start": "00:39:00", "end": "00:39:04", "text": "time, I mean, now that we really enter"}, {"start": "00:39:02", "end": "00:39:06", "text": "bull market, very, very much time to get"}, {"start": "00:39:04", "end": "00:39:08", "text": "serious about crypto. But don't forget"}, {"start": "00:39:06", "end": "00:39:10", "text": "health. Very important. Look here. Uh,"}, {"start": "00:39:08", "end": "00:39:11", "text": "another signal that bull market is"}, {"start": "00:39:10", "end": "00:39:13", "text": "coming back, and that's that the"}, {"start": "00:39:11", "end": "00:39:15", "text": " are flying. Uh we're not in the"}, {"start": "00:39:13", "end": "00:39:18", "text": " currently, guys. Uh I'm not in"}, {"start": "00:39:15", "end": "00:39:20", "text": "the trenches right now. Uh you have a"}, {"start": "00:39:18", "end": "00:39:22", "text": "big big volume on Robin Hood. The reason"}, {"start": "00:39:20", "end": "00:39:24", "text": "why I'm not in the trenches is because"}, {"start": "00:39:22", "end": "00:39:26", "text": "Bitcoin is still bearish. We don't"}, {"start": "00:39:24", "end": "00:39:28", "text": "really have bull market fully confirmed"}, {"start": "00:39:26", "end": "00:39:29", "text": "and the odds are stacked against you."}, {"start": "00:39:28", "end": "00:39:32", "text": "But that being said, if you are"}, {"start": "00:39:29", "end": "00:39:33", "text": "interested in uh fantastic. I"}, {"start": "00:39:32", "end": "00:39:36", "text": "mean, there are opportunities. For"}, {"start": "00:39:33", "end": "00:39:37", "text": "example, lately you've you had this um"}, {"start": "00:39:36", "end": "00:39:39", "text": "you know, pawns. Everyone's speaking"}, {"start": "00:39:37", "end": "00:39:41", "text": "about how much money they made on pawns"}, {"start": "00:39:39", "end": "00:39:43", "text": "fly. But here is why I think it's too"}, {"start": "00:39:41", "end": "00:39:45", "text": "early to participate because the again"}, {"start": "00:39:43", "end": "00:39:46", "text": "the odds are stacked against you. Uh"}, {"start": "00:39:45", "end": "00:39:48", "text": "you're going to lose so much money on"}, {"start": "00:39:46", "end": "00:39:50", "text": "the before you get any runner."}, {"start": "00:39:48", "end": "00:39:52", "text": "But this one has been a bit of a runner"}, {"start": "00:39:50", "end": "00:39:54", "text": "this pawns one. But I just want to"}, {"start": "00:39:52", "end": "00:39:57", "text": "highlight that the liquidity in it is"}, {"start": "00:39:54", "end": "00:39:59", "text": "3.8 million. Okay. This is the important"}, {"start": "00:39:57", "end": "00:40:02", "text": "thing about all of the trenches. Uh you"}, {"start": "00:39:59", "end": "00:40:04", "text": "are uh you are basically most likely not"}, {"start": "00:40:02", "end": "00:40:06", "text": "to make any money especially now because"}, {"start": "00:40:04", "end": "00:40:08", "text": "again we're still not bull trend guys."}, {"start": "00:40:06", "end": "00:40:12", "text": "when we are bull trend then you have"}, {"start": "00:40:08", "end": "00:40:14", "text": "more uh uh more odds but you know now"}, {"start": "00:40:12", "end": "00:40:16", "text": "you have such small liquidity let's say"}, {"start": "00:40:14", "end": "00:40:17", "text": "you made some money like this guy for"}, {"start": "00:40:16", "end": "00:40:20", "text": "example this guy has been tweeting that"}, {"start": "00:40:17", "end": "00:40:22", "text": "he made like 3.5 million in pawns he"}, {"start": "00:40:20", "end": "00:40:23", "text": "cannot take it out okay he can he can"}, {"start": "00:40:22", "end": "00:40:26", "text": "maybe take out you know a few hundred"}, {"start": "00:40:23", "end": "00:40:28", "text": "thousand okay uh because he starts"}, {"start": "00:40:26", "end": "00:40:30", "text": "selling this liquidity goes to zero very"}, {"start": "00:40:28", "end": "00:40:33", "text": "very fast so when you see all of the"}, {"start": "00:40:30", "end": "00:40:34", "text": "screenshots follow the strategy because"}, {"start": "00:40:33", "end": "00:40:36", "text": "I I see many people uh writing me oh"}, {"start": "00:40:34", "end": "00:40:38", "text": "Ivan what's the next spons What's the"}, {"start": "00:40:36", "end": "00:40:39", "text": "next pawns? I want the next pawns. I"}, {"start": "00:40:38", "end": "00:40:41", "text": "missed the pawns. And pawns is like a"}, {"start": "00:40:39", "end": "00:40:43", "text": "launch. It's like pan on Robin Hood."}, {"start": "00:40:41", "end": "00:40:44", "text": "People are ran. So what's the can you"}, {"start": "00:40:43", "end": "00:40:46", "text": "give me the next pawns? I tell them"}, {"start": "00:40:44", "end": "00:40:48", "text": "listen, it's not the time yet. When"}, {"start": "00:40:46", "end": "00:40:50", "text": "Bitcoin goes bull, we have confirmation"}, {"start": "00:40:48", "end": "00:40:52", "text": "of the bull market. Okay, we can be more"}, {"start": "00:40:50", "end": "00:40:54", "text": "into the into the trenches because then"}, {"start": "00:40:52", "end": "00:40:57", "text": "the liquidity is going to be proper. I"}, {"start": "00:40:54", "end": "00:40:58", "text": "mean, for you for most people who are"}, {"start": "00:40:57", "end": "00:41:00", "text": "not in trenches, I mean, for you to be"}, {"start": "00:40:58", "end": "00:41:03", "text": "able to participate there and have a"}, {"start": "00:41:00", "end": "00:41:06", "text": "good riskreward, you need a massive bull"}, {"start": "00:41:03", "end": "00:41:09", "text": "market. So most things you buy go up at"}, {"start": "00:41:06", "end": "00:41:11", "text": "least temporarily. Now it's still too"}, {"start": "00:41:09", "end": "00:41:14", "text": "much PvP. You buy some on in"}, {"start": "00:41:11", "end": "00:41:16", "text": "trenches. It's so much PvP"}, {"start": "00:41:14", "end": "00:41:18", "text": "odds are is going to go down. Sometimes"}, {"start": "00:41:16", "end": "00:41:20", "text": "occasionally you will have a runner like"}, {"start": "00:41:18", "end": "00:41:23", "text": "pawns or like Anom. Basically we have"}, {"start": "00:41:20", "end": "00:41:26", "text": "two runners pawns and anom. But it's two"}, {"start": "00:41:23", "end": "00:41:28", "text": "out of like a trillion that went to"}, {"start": "00:41:26", "end": "00:41:31", "text": "zero. Okay. And even if you make any"}, {"start": "00:41:28", "end": "00:41:33", "text": "kind of money if it's meaningful amounts"}, {"start": "00:41:31", "end": "00:41:34", "text": "you cannot even take it out. currently"}, {"start": "00:41:33", "end": "00:41:36", "text": "the way it is with all of the liquidity"}, {"start": "00:41:34", "end": "00:41:38", "text": "that's so low you cannot even take it"}, {"start": "00:41:36", "end": "00:41:40", "text": "out. So just a reminder to follow the"}, {"start": "00:41:38", "end": "00:41:42", "text": "strategy. There is no need to you know"}, {"start": "00:41:40", "end": "00:41:45", "text": "FOMO into anything because look at all"}, {"start": "00:41:42", "end": "00:41:47", "text": "of this Robin Hood coins. There is a lot"}, {"start": "00:41:45", "end": "00:41:49", "text": "of volume but uh you know liquidity 3"}, {"start": "00:41:47", "end": "00:41:53", "text": "million 2 million like 600k liquidity."}, {"start": "00:41:49", "end": "00:41:55", "text": "Um 131K uh okay this one has five. So"}, {"start": "00:41:53", "end": "00:41:57", "text": "this one is a bit bigger but still just"}, {"start": "00:41:55", "end": "00:41:59", "text": "five. So any any kind of meaningful"}, {"start": "00:41:57", "end": "00:42:01", "text": "amount you make you will have to give it"}, {"start": "00:41:59", "end": "00:42:03", "text": "back. But then of course it depends on"}, {"start": "00:42:01", "end": "00:42:07", "text": "your interest. Some people, for example,"}, {"start": "00:42:03", "end": "00:42:10", "text": "in Bullmania, we have Tio. Tio, he posts"}, {"start": "00:42:07", "end": "00:42:12", "text": "all the time. How much uh he's making"}, {"start": "00:42:10", "end": "00:42:15", "text": "with all the different memes. Let me see"}, {"start": "00:42:12", "end": "00:42:17", "text": "if I can pull up here. Uh how much he"}, {"start": "00:42:15", "end": "00:42:19", "text": "made? He made like 50x with pawns. He's"}, {"start": "00:42:17", "end": "00:42:24", "text": "posting all the time. Uh so yeah, here"}, {"start": "00:42:19", "end": "00:42:26", "text": "for Okay, 45x. He made 45x with pawns."}, {"start": "00:42:24", "end": "00:42:29", "text": "Uh fantastic, fantastic, fantastic. So"}, {"start": "00:42:26", "end": "00:42:30", "text": "if this is your passion, this is your"}, {"start": "00:42:29", "end": "00:42:32", "text": "interest, it's another story. If you"}, {"start": "00:42:30", "end": "00:42:34", "text": "really know monitoring the market all"}, {"start": "00:42:32", "end": "00:42:36", "text": "the time, we have a full course on meme"}, {"start": "00:42:34", "end": "00:42:38", "text": "trading in bullmania also. But uh for"}, {"start": "00:42:36", "end": "00:42:39", "text": "most people and you know for you guys"}, {"start": "00:42:38", "end": "00:42:41", "text": "who are watching I just know our"}, {"start": "00:42:39", "end": "00:42:43", "text": "audience. I mean if I know you correctly"}, {"start": "00:42:41", "end": "00:42:47", "text": "guys, you're not you know this 20 year"}, {"start": "00:42:43", "end": "00:42:49", "text": "old HDHD uh kid. Many of you guys are,"}, {"start": "00:42:47", "end": "00:42:52", "text": "you know, 30, 40, 50, and for you to"}, {"start": "00:42:49", "end": "00:42:54", "text": "come in there and, you know, hey, let me"}, {"start": "00:42:52", "end": "00:42:58", "text": "make some money of the 20 year old, 18,"}, {"start": "00:42:54", "end": "00:43:00", "text": "15 year old Gen Z's, uh, because you"}, {"start": "00:42:58", "end": "00:43:02", "text": "think you understand the meme culture or"}, {"start": "00:43:00", "end": "00:43:03", "text": "whatever."}, {"start": "00:43:02", "end": "00:43:05", "text": "The odds are stacked against you're"}, {"start": "00:43:03", "end": "00:43:09", "text": "going to be robbed. You're going to be"}, {"start": "00:43:05", "end": "00:43:11", "text": "robbed. It's like um we discussed a few"}, {"start": "00:43:09", "end": "00:43:13", "text": "of these memes last year uh before the"}, {"start": "00:43:11", "end": "00:43:16", "text": "bull market ended in like you know"}, {"start": "00:43:13", "end": "00:43:18", "text": "March, April last year and we discussed"}, {"start": "00:43:16", "end": "00:43:21", "text": "a few of these trenches and then I see"}, {"start": "00:43:18", "end": "00:43:23", "text": "you know some poor guy telling me Ivan"}, {"start": "00:43:21", "end": "00:43:25", "text": "what about this meme you spoke about"}, {"start": "00:43:23", "end": "00:43:27", "text": "three months ago. Like, what do you"}, {"start": "00:43:25", "end": "00:43:29", "text": "mean? It was three months ago. It was"}, {"start": "00:43:27", "end": "00:43:30", "text": "trenches, man. What do you mean? Yeah, I"}, {"start": "00:43:29", "end": "00:43:31", "text": "bought it for the long. I'm like, man,"}, {"start": "00:43:30", "end": "00:43:35", "text": "what do you mean? It's freaking"}, {"start": "00:43:31", "end": "00:43:38", "text": "trenches. Since the trenches, the the"}, {"start": "00:43:35", "end": "00:43:40", "text": "Gen Z's, they went on to like 20 new"}, {"start": "00:43:38", "end": "00:43:42", "text": "coins and your coin, no one cares about"}, {"start": "00:43:40", "end": "00:43:44", "text": "it. Like, it's not Bitcoin. Okay. So, if"}, {"start": "00:43:42", "end": "00:43:46", "text": "you're not that person that moves from"}, {"start": "00:43:44", "end": "00:43:48", "text": "narrative to narrative to narrative very"}, {"start": "00:43:46", "end": "00:43:49", "text": "fast, you understand? You see, you see"}, {"start": "00:43:48", "end": "00:43:51", "text": "where the wind is blowing on social"}, {"start": "00:43:49", "end": "00:43:54", "text": "media, all of the culture, meme, all of"}, {"start": "00:43:51", "end": "00:43:55", "text": "the references, stay out of the trench"}, {"start": "00:43:54", "end": "00:43:58", "text": "for you. stay out of the trench is going"}, {"start": "00:43:55", "end": "00:44:00", "text": "to be enough uh profit from the uh the"}, {"start": "00:43:58", "end": "00:44:02", "text": "proper coins. And the only exception is"}, {"start": "00:44:00", "end": "00:44:04", "text": "when you have crazy altcoin season,"}, {"start": "00:44:02", "end": "00:44:06", "text": "crazy bull market, then it's better"}, {"start": "00:44:04", "end": "00:44:08", "text": "riskreward because most of the trench"}, {"start": "00:44:06", "end": "00:44:09", "text": "crap goes up, but it's going to go down"}, {"start": "00:44:08", "end": "00:44:11", "text": "to zero anyway sooner or later. So, it's"}, {"start": "00:44:09", "end": "00:44:14", "text": "a bit of musical chairs. So, yeah, hope"}, {"start": "00:44:11", "end": "00:44:17", "text": "that makes sense. By the big shout to"}, {"start": "00:44:14", "end": "00:44:19", "text": "Zamil and Nerd Warrior now that the that"}, {"start": "00:44:17", "end": "00:44:23", "text": "the volatility is back, we have uh"}, {"start": "00:44:19", "end": "00:44:27", "text": "people printing 77% with uh hype. This"}, {"start": "00:44:23", "end": "00:44:31", "text": "guy 300 this from Bulmania uh chat this"}, {"start": "00:44:27", "end": "00:44:34", "text": "guy 41% fantastic ENA 85%. This guy"}, {"start": "00:44:31", "end": "00:44:37", "text": "Banksy 95% very very good. Oh guys we"}, {"start": "00:44:34", "end": "00:44:38", "text": "have to speak about this uh G European"}, {"start": "00:44:37", "end": "00:44:42", "text": "Commission European Commission they now"}, {"start": "00:44:38", "end": "00:44:45", "text": "have said that they designated chat GPT"}, {"start": "00:44:42", "end": "00:44:46", "text": "as a very large online search engine. Oh"}, {"start": "00:44:45", "end": "00:44:47", "text": "my god. I mean the bure I see the"}, {"start": "00:44:46", "end": "00:44:49", "text": "bureaucrats here you know the"}, {"start": "00:44:47", "end": "00:44:51", "text": "bureaucrats they're they're salivating"}, {"start": "00:44:49", "end": "00:44:54", "text": "the bureaucrats they love this. Look"}, {"start": "00:44:51", "end": "00:45:00", "text": "here they designated Chad GPT as a very"}, {"start": "00:44:54", "end": "00:45:04", "text": "large online search and oy they are they"}, {"start": "00:45:00", "end": "00:45:06", "text": "are wetting themselves I think just by"}, {"start": "00:45:04", "end": "00:45:09", "text": "you know having document designation and"}, {"start": "00:45:06", "end": "00:45:12", "text": "they have a designation very large"}, {"start": "00:45:09", "end": "00:45:14", "text": "online search oh man the bureaucrats"}, {"start": "00:45:12", "end": "00:45:16", "text": "they love themselves"}, {"start": "00:45:14", "end": "00:45:18", "text": "when I I think when they came up with"}, {"start": "00:45:16", "end": "00:45:22", "text": "this they weted themselves uh of"}, {"start": "00:45:18", "end": "00:45:22", "text": "excitement of course like in the wet"}, {"start": "00:45:22", "end": "00:45:31", "text": "and Reddit and Roblox here. They're very"}, {"start": "00:45:26", "end": "00:45:33", "text": "large online. Oh, you guys,"}, {"start": "00:45:31", "end": "00:45:35", "text": "big shout out to bureaucrats. If you"}, {"start": "00:45:33", "end": "00:45:39", "text": "work in the EU, big big shout out"}, {"start": "00:45:35", "end": "00:45:40", "text": "European Commission, European Commission"}, {"start": "00:45:39", "end": "00:45:43", "text": "designating"}, {"start": "00:45:40", "end": "00:45:45", "text": "big swings, big names just like they did"}, {"start": "00:45:43", "end": "00:45:48", "text": "this rule with the cap so you cannot"}, {"start": "00:45:45", "end": "00:45:51", "text": "drink water properly. Chad GBD is a very"}, {"start": "00:45:48", "end": "00:45:52", "text": "large fantastic fantastic I don't think"}, {"start": "00:45:51", "end": "00:45:56", "text": "anything more has to be said uh big"}, {"start": "00:45:52", "end": "00:45:59", "text": "shout to EU the greatest regulation the"}, {"start": "00:45:56", "end": "00:46:01", "text": "greatest innovation the greatest moves"}, {"start": "00:45:59", "end": "00:46:04", "text": "forward when it comes to AI when it"}, {"start": "00:46:01", "end": "00:46:08", "text": "comes to AI you see without EU what"}, {"start": "00:46:04", "end": "00:46:11", "text": "would chb how would you use GPT without"}, {"start": "00:46:08", "end": "00:46:14", "text": "it being properly designated as a very"}, {"start": "00:46:11", "end": "00:46:16", "text": "large online you it wouldn't go anywhere"}, {"start": "00:46:14", "end": "00:46:19", "text": "so everyone should be thankful to you"}, {"start": "00:46:16", "end": "00:46:22", "text": "for giving us clarity, regulatory"}, {"start": "00:46:19", "end": "00:46:24", "text": "clarity on the fact that Chip is a very"}, {"start": "00:46:22", "end": "00:46:26", "text": "large online search engine. Fantastic."}, {"start": "00:46:24", "end": "00:46:28", "text": "But without you, I don't know how I"}, {"start": "00:46:26", "end": "00:46:30", "text": "would understand that guys. Uh going"}, {"start": "00:46:28", "end": "00:46:33", "text": "back to Robin. So Robin Hood has a lot"}, {"start": "00:46:30", "end": "00:46:34", "text": "of volume. So"}, {"start": "00:46:33", "end": "00:46:37", "text": "while is I don't think it's a good idea"}, {"start": "00:46:34", "end": "00:46:39", "text": "to be in the trenches now because again"}, {"start": "00:46:37", "end": "00:46:40", "text": "Bitcoin is b we're not there yet. We're"}, {"start": "00:46:39", "end": "00:46:41", "text": "not we're still accumulating Bitcoin"}, {"start": "00:46:40", "end": "00:46:43", "text": "slowly. So we're not there even in you"}, {"start": "00:46:41", "end": "00:46:45", "text": "know in most altcoins especially not in"}, {"start": "00:46:43", "end": "00:46:47", "text": "in trenches yet because low liquidity"}, {"start": "00:46:45", "end": "00:46:48", "text": "you saw yourself this pawns the biggest"}, {"start": "00:46:47", "end": "00:46:50", "text": "thing of the biggest stock of the town"}, {"start": "00:46:48", "end": "00:46:53", "text": "just has 3 million liquidity it's very"}, {"start": "00:46:50", "end": "00:46:55", "text": "small uh but uh Robin Hood chain itself"}, {"start": "00:46:53", "end": "00:46:56", "text": "is is having a lot of adoption I mean"}, {"start": "00:46:55", "end": "00:47:00", "text": "people are trading there is a lot of"}, {"start": "00:46:56", "end": "00:47:01", "text": "adoption so there's no way to buy Robin"}, {"start": "00:47:00", "end": "00:47:02", "text": "Hood chain as a coin you have to you can"}, {"start": "00:47:01", "end": "00:47:06", "text": "buy the stock the stock is actually"}, {"start": "00:47:02", "end": "00:47:08", "text": "quite good it is in bull trend uh it it"}, {"start": "00:47:06", "end": "00:47:11", "text": "has resistance now so just be aware that"}, {"start": "00:47:08", "end": "00:47:12", "text": "uh potentially it just gets rejected"}, {"start": "00:47:11", "end": "00:47:14", "text": "from resistance but you know"}, {"start": "00:47:12", "end": "00:47:16", "text": "accumulating Robin Hood stock if you are"}, {"start": "00:47:14", "end": "00:47:18", "text": "bullish on the Robin Hood chain uh good"}, {"start": "00:47:16", "end": "00:47:21", "text": "idea it's it's in bull trend so yeah"}, {"start": "00:47:18", "end": "00:47:24", "text": "fantastic fantastic uh guys listen"}, {"start": "00:47:21", "end": "00:47:26", "text": "that's it let's go to Q&A uh pump doing"}, {"start": "00:47:24", "end": "00:47:28", "text": "well for app doing well memes coming"}, {"start": "00:47:26", "end": "00:47:31", "text": "back it's one of the signals that the"}, {"start": "00:47:28", "end": "00:47:33", "text": "bull market is back now is not the time"}, {"start": "00:47:31", "end": "00:47:35", "text": "to be cute and try to time the bear the"}, {"start": "00:47:33", "end": "00:47:37", "text": "the bottom perfectly don't don't try to"}, {"start": "00:47:35", "end": "00:47:39", "text": "time the bottom perfectly instead now is"}, {"start": "00:47:37", "end": "00:47:42", "text": "the time to go to bullming.com/subscribe"}, {"start": "00:47:39", "end": "00:47:45", "text": "Okay, first link of description, sign up"}, {"start": "00:47:42", "end": "00:47:46", "text": "for a free newsletter. Every week I send"}, {"start": "00:47:45", "end": "00:47:49", "text": "you a very important update. For"}, {"start": "00:47:46", "end": "00:47:50", "text": "example, um on August 4th, we said that"}, {"start": "00:47:49", "end": "00:47:52", "text": "it's time to be bullish. Back in"}, {"start": "00:47:50", "end": "00:47:53", "text": "October, we said time to be bearish. I"}, {"start": "00:47:52", "end": "00:47:55", "text": "mean, it is the best and it's free. It's"}, {"start": "00:47:53", "end": "00:47:59", "text": "freaking free. So, do do it, do it, do"}, {"start": "00:47:55", "end": "00:48:01", "text": "it, do it. And let's go, guys. Two Q&A"}, {"start": "00:47:59", "end": "00:48:04", "text": "questions, answers, debates. And big"}, {"start": "00:48:01", "end": "00:48:06", "text": "shout out to Guzman for timestamping us"}, {"start": "00:48:04", "end": "00:48:09", "text": "today. Very very, very nice. So, what's"}, {"start": "00:48:06", "end": "00:48:09", "text": "happening? What's happening?"}, {"start": "00:48:12", "end": "00:48:15", "text": "thoughts on Monut. Let's see. Monet, it"}, {"start": "00:48:13", "end": "00:48:18", "text": "did pump, right? I remember it did pump"}, {"start": "00:48:15", "end": "00:48:19", "text": "a bit. Uh, so as I chain, I have no"}, {"start": "00:48:18", "end": "00:48:21", "text": "thoughts. I don't because I don't see"}, {"start": "00:48:19", "end": "00:48:23", "text": "too much was happening there. Like it's"}, {"start": "00:48:21", "end": "00:48:25", "text": "okay, Mon. I remember now. It needs to"}, {"start": "00:48:23", "end": "00:48:26", "text": "go above this yellow line for us to be"}, {"start": "00:48:25", "end": "00:48:28", "text": "interested because it went bull trend"}, {"start": "00:48:26", "end": "00:48:30", "text": "then it lost the initiative and now we"}, {"start": "00:48:28", "end": "00:48:32", "text": "just need to confirm the breakout here"}, {"start": "00:48:30", "end": "00:48:34", "text": "on Mon. But in terms of the chain, I"}, {"start": "00:48:32", "end": "00:48:36", "text": "have no I don't see any stats. I don't"}, {"start": "00:48:34", "end": "00:48:38", "text": "see anything. We can ask Bulmania AI. I"}, {"start": "00:48:36", "end": "00:48:41", "text": "mean this is a perfect example of the"}, {"start": "00:48:38", "end": "00:48:42", "text": "use case. What's this? How you use it?"}, {"start": "00:48:41", "end": "00:48:47", "text": "By the way, if you have Bulmania, open"}, {"start": "00:48:42", "end": "00:48:51", "text": "Bulmania AI. What's the latest on Monad?"}, {"start": "00:48:47", "end": "00:48:54", "text": "Uh narrative adoption,"}, {"start": "00:48:51", "end": "00:48:56", "text": "uh buzz,"}, {"start": "00:48:54", "end": "00:48:58", "text": "I mean price we know, but let's see"}, {"start": "00:48:56", "end": "00:48:59", "text": "what's what's like the narrative. And"}, {"start": "00:48:58", "end": "00:49:02", "text": "you see instantly here. Let me zoom out"}, {"start": "00:48:59", "end": "00:49:06", "text": "a bit. You see the biggest accounts."}, {"start": "00:49:02", "end": "00:49:07", "text": "Kon, he is the founder of it. Uh"}, {"start": "00:49:06", "end": "00:49:09", "text": "Phantom did Oh, they're going to add"}, {"start": "00:49:07", "end": "00:49:11", "text": "Mon, right? Phantom or they're they're"}, {"start": "00:49:09", "end": "00:49:13", "text": "removing Mon. Oh, no. They removed Mon."}, {"start": "00:49:11", "end": "00:49:17", "text": "Exactly. Very bearish on Mon. They"}, {"start": "00:49:13", "end": "00:49:19", "text": "removed Mon. Exactly. Um let's see what"}, {"start": "00:49:17", "end": "00:49:21", "text": "AS says. But in terms of price, just"}, {"start": "00:49:19", "end": "00:49:26", "text": "wait for that uh pump to to happen. It"}, {"start": "00:49:21", "end": "00:49:28", "text": "hasn't happened yet. And uh yeah."}, {"start": "00:49:26", "end": "00:49:29", "text": "Uh while we we are waiting for this,"}, {"start": "00:49:28", "end": "00:49:33", "text": "let's check some other ones. For"}, {"start": "00:49:29", "end": "00:49:36", "text": "example, SPX. I see Guzman is writing"}, {"start": "00:49:33", "end": "00:49:36", "text": "SPX."}, {"start": "00:49:36", "end": "00:49:42", "text": "Let's see. SPX. Oh, bullish, bullish,"}, {"start": "00:49:38", "end": "00:49:45", "text": "bullish. Plus 6%. So, yeah,"}, {"start": "00:49:42", "end": "00:49:47", "text": "very very good. S&P bullish. Murad is"}, {"start": "00:49:45", "end": "00:49:50", "text": "redeeming himself."}, {"start": "00:49:47", "end": "00:49:53", "text": "Nice."}, {"start": "00:49:50", "end": "00:49:53", "text": "Uh,"}, {"start": "00:49:53", "end": "00:49:56", "text": "XMR"}, {"start": "00:49:57", "end": "00:50:04", "text": "XMR bullish up 8% since the bull flip uh"}, {"start": "00:50:02", "end": "00:50:06", "text": "yesterday."}, {"start": "00:50:04", "end": "00:50:09", "text": "Very good."}, {"start": "00:50:06", "end": "00:50:12", "text": "So uh monad monad is quiet but solid"}, {"start": "00:50:09", "end": "00:50:14", "text": "post mainet phase"}, {"start": "00:50:12", "end": "00:50:19", "text": "the network just hit a major liability"}, {"start": "00:50:14", "end": "00:50:19", "text": "milestone builders keep shipping good"}, {"start": "00:50:23", "end": "00:50:27", "text": "and the culture stickiness is real the"}, {"start": "00:50:25", "end": "00:50:29", "text": "same account remind everyone that Gimona"}, {"start": "00:50:27", "end": "00:50:31", "text": "Gon is still the best greeting in"}, {"start": "00:50:29", "end": "00:50:35", "text": "crypto. Okay. Yeah. Basically guys, they"}, {"start": "00:50:31", "end": "00:50:39", "text": "have Gmonad and Gon Gon"}, {"start": "00:50:35", "end": "00:50:40", "text": "uh as a fundamental. Okay, it just needs"}, {"start": "00:50:39", "end": "00:50:42", "text": "to go bull tread. I I I don't know what"}, {"start": "00:50:40", "end": "00:50:44", "text": "to say more. There's there's obviously"}, {"start": "00:50:42", "end": "00:50:47", "text": "not like on Robin Hood that you have all"}, {"start": "00:50:44", "end": "00:50:49", "text": "of this memes, all of this trading. I"}, {"start": "00:50:47", "end": "00:50:54", "text": "mean, if you compare to compare Monad"}, {"start": "00:50:49", "end": "00:50:55", "text": "compare Monad chain to Robin Hood chain."}, {"start": "00:50:54", "end": "00:50:56", "text": "I mean, it's like night and day. It's"}, {"start": "00:50:55", "end": "00:50:58", "text": "not even comparable, but there's no way"}, {"start": "00:50:56", "end": "00:51:00", "text": "to buy Robin Hood chain. You have to buy"}, {"start": "00:50:58", "end": "00:51:03", "text": "the Robin Hood stock. So, Monad, it"}, {"start": "00:51:00", "end": "00:51:05", "text": "needs to pump. I mean, that's it"}, {"start": "00:51:03", "end": "00:51:06", "text": "because there's not not too much"}, {"start": "00:51:05", "end": "00:51:10", "text": "otherwise. There's no revenue share."}, {"start": "00:51:06", "end": "00:51:12", "text": "There's no big up. There's no um not too"}, {"start": "00:51:10", "end": "00:51:15", "text": "much basically."}, {"start": "00:51:12", "end": "00:51:17", "text": "Yo, thanks for donation. Any anything on"}, {"start": "00:51:15", "end": "00:51:19", "text": "Kaspa? Let's check Kaspa."}, {"start": "00:51:17", "end": "00:51:20", "text": "As far as I remember, it was bare trend"}, {"start": "00:51:19", "end": "00:51:22", "text": "when someone asked like in the live"}, {"start": "00:51:20", "end": "00:51:24", "text": "stream. People ask about it now and"}, {"start": "00:51:22", "end": "00:51:28", "text": "then. Yeah, it's bare trend. Don't worry"}, {"start": "00:51:24", "end": "00:51:30", "text": "too much. Wait for it to be bullish. Uh"}, {"start": "00:51:28", "end": "00:51:32", "text": "that's it."}, {"start": "00:51:30", "end": "00:51:34", "text": "I think we discussed it the other day. I"}, {"start": "00:51:32", "end": "00:51:36", "text": "don't want to repeat. I think we"}, {"start": "00:51:34", "end": "00:51:41", "text": "discussed it and we said the same thing"}, {"start": "00:51:36", "end": "00:51:41", "text": "is bare trend and that's it."}, {"start": "00:51:47", "end": "00:51:52", "text": "Thoughts on Pangu?"}, {"start": "00:51:50", "end": "00:51:55", "text": "Let's first check Mona versus Robin Hood"}, {"start": "00:51:52", "end": "00:51:57", "text": "just so you understand that. I mean it's"}, {"start": "00:51:55", "end": "00:51:59", "text": "currently at least is is it's not even"}, {"start": "00:51:57", "end": "00:52:00", "text": "close but it may change. I mean that's"}, {"start": "00:51:59", "end": "00:52:03", "text": "the thing you it may change but it"}, {"start": "00:52:00", "end": "00:52:05", "text": "doesn't look like like that currently. I"}, {"start": "00:52:03", "end": "00:52:08", "text": "don't see monad"}, {"start": "00:52:05", "end": "00:52:10", "text": "meme. Well, what's the monad meme? Is"}, {"start": "00:52:08", "end": "00:52:13", "text": "there some meme? But I don't know about"}, {"start": "00:52:10", "end": "00:52:15", "text": "it. See that's the problem. If it was"}, {"start": "00:52:13", "end": "00:52:17", "text": "something I I would have known. So"}, {"start": "00:52:15", "end": "00:52:18", "text": "latest snapshot is a high performance."}, {"start": "00:52:17", "end": "00:52:20", "text": "Yep. Yep. They solve different problems."}, {"start": "00:52:18", "end": "00:52:24", "text": "Barely compete head-on right now. One is"}, {"start": "00:52:20", "end": "00:52:28", "text": "pure crypto infrastructure. Okay."}, {"start": "00:52:24", "end": "00:52:28", "text": "Parallel EVM"}, {"start": "00:52:30", "end": "00:52:34", "text": "core strength thrust throughput plus"}, {"start": "00:52:32", "end": "00:52:36", "text": "EVM. Okay. But you need users. You need"}, {"start": "00:52:34", "end": "00:52:39", "text": "users. I mean yeah I mean as an infra is"}, {"start": "00:52:36", "end": "00:52:41", "text": "good but what who's build who builds"}, {"start": "00:52:39", "end": "00:52:43", "text": "their monitor build EVM? Community voice"}, {"start": "00:52:41", "end": "00:52:45", "text": "keeping how fast but all chains are"}, {"start": "00:52:43", "end": "00:52:49", "text": "fast. Salana is I mean everything is"}, {"start": "00:52:45", "end": "00:52:51", "text": "fast. Su is fast."}, {"start": "00:52:49", "end": "00:52:53", "text": "Is Cardano fast? You guys who use"}, {"start": "00:52:51", "end": "00:52:56", "text": "Cardano is instant confirmation. I don't"}, {"start": "00:52:53", "end": "00:52:59", "text": "use it. So I don't know. Robin chain has"}, {"start": "00:52:56", "end": "00:52:59", "text": "far less"}, {"start": "00:52:59", "end": "00:53:04", "text": "public tech detail. I mean one thing."}, {"start": "00:53:02", "end": "00:53:06", "text": "Okay. One thing is that Monet is"}, {"start": "00:53:04", "end": "00:53:09", "text": "probably more decentralized than the"}, {"start": "00:53:06", "end": "00:53:11", "text": "core corporate chain. Okay. So maybe"}, {"start": "00:53:09", "end": "00:53:16", "text": "that's"}, {"start": "00:53:11", "end": "00:53:18", "text": "SoFi USD. There you go. Via BitGo Abound"}, {"start": "00:53:16", "end": "00:53:21", "text": "building its global finance remittance."}, {"start": "00:53:18", "end": "00:53:25", "text": "Okay. Good. So, there's something here"}, {"start": "00:53:21", "end": "00:53:25", "text": "we can read here."}, {"start": "00:53:29", "end": "00:53:33", "text": "But yeah, that's that. Let's see. Pango,"}, {"start": "00:53:31", "end": "00:53:35", "text": "Pango, Pango, Pango, Pango, Pango,"}, {"start": "00:53:33", "end": "00:53:38", "text": "Pango, Pango, Pango, Pango, Pango,"}, {"start": "00:53:35", "end": "00:53:38", "text": "Pango."}, {"start": "00:53:39", "end": "00:53:41", "text": "Guys, it's Christmas soon. It's already"}, {"start": "00:53:40", "end": "00:53:44", "text": "September. It's Christmas. You guys"}, {"start": "00:53:41", "end": "00:53:45", "text": "ready for Christmas?"}, {"start": "00:53:44", "end": "00:53:47", "text": "See, Pango is bullish here, but it's"}, {"start": "00:53:45", "end": "00:53:49", "text": "bearish everywhere else. Let me just"}, {"start": "00:53:47", "end": "00:53:52", "text": "see. Yeah, it didn't flip bullish on"}, {"start": "00:53:49", "end": "00:53:53", "text": "across the across the major exchanges."}, {"start": "00:53:52", "end": "00:53:56", "text": "So So you actually got a bit of"}, {"start": "00:53:53", "end": "00:53:58", "text": "rejection here."}, {"start": "00:53:56", "end": "00:53:59", "text": "You need uh biggest exchanges to agree"}, {"start": "00:53:58", "end": "00:54:02", "text": "on a flip. If it's like on the dollar,"}, {"start": "00:53:59", "end": "00:54:05", "text": "we need the So yeah, it's just bearish."}, {"start": "00:54:02", "end": "00:54:05", "text": "Bango"}, {"start": "00:54:06", "end": "00:54:11", "text": "is Cardanzo. Cardano. Let's see."}, {"start": "00:54:16", "end": "00:54:20", "text": "Uh yeah, he's better chance still."}, {"start": "00:54:26", "end": "00:54:33", "text": "Oh yeah, seeker. Let's Let's see. Seeker"}, {"start": "00:54:30", "end": "00:54:33", "text": "SKR."}, {"start": "00:54:33", "end": "00:54:39", "text": "Seeker is up a lot. Up a lot. Boop. And"}, {"start": "00:54:37", "end": "00:54:41", "text": "now continuing."}, {"start": "00:54:39", "end": "00:54:42", "text": "What can we say about this? Well, I"}, {"start": "00:54:41", "end": "00:54:44", "text": "mean, Sulana is bull trend. This is like"}, {"start": "00:54:42", "end": "00:54:46", "text": "a you know you can say derivative of"}, {"start": "00:54:44", "end": "00:54:49", "text": "Solana."}, {"start": "00:54:46", "end": "00:54:51", "text": "Uh so yeah uh personally guys I'm not a"}, {"start": "00:54:49", "end": "00:54:54", "text": "big fan of this like Insta candle"}, {"start": "00:54:51", "end": "00:54:56", "text": "because I want like a proper trend where"}, {"start": "00:54:54", "end": "00:54:58", "text": "there is supply and demand, there is"}, {"start": "00:54:56", "end": "00:55:02", "text": "volume, there's coins changing hands."}, {"start": "00:54:58", "end": "00:55:06", "text": "This when you have such a big spike like"}, {"start": "00:55:02", "end": "00:55:10", "text": "this one did like a you know it's"}, {"start": "00:55:06", "end": "00:55:11", "text": "this can be anything 200% in a week."}, {"start": "00:55:10", "end": "00:55:13", "text": "This can be anything. This can be a fat"}, {"start": "00:55:11", "end": "00:55:15", "text": "finger. this can be not too many people"}, {"start": "00:55:13", "end": "00:55:17", "text": "participated in this you know not not"}, {"start": "00:55:15", "end": "00:55:18", "text": "many coins change hands but that being"}, {"start": "00:55:17", "end": "00:55:19", "text": "said it's still bull trend it's still"}, {"start": "00:55:18", "end": "00:55:21", "text": "bull trend but you see when you have"}, {"start": "00:55:19", "end": "00:55:24", "text": "such a big spike you see the bare trend"}, {"start": "00:55:21", "end": "00:55:27", "text": "is so low you so you have just bigger"}, {"start": "00:55:24", "end": "00:55:29", "text": "risk so if you trade it take good stop"}, {"start": "00:55:27", "end": "00:55:33", "text": "loss uh mechanical rules follow"}, {"start": "00:55:29", "end": "00:55:34", "text": "mechanical rules um but ideally I want"}, {"start": "00:55:33", "end": "00:55:37", "text": "more that it comes more more like this"}, {"start": "00:55:34", "end": "00:55:39", "text": "you know it comes it uh confirms it's"}, {"start": "00:55:37", "end": "00:55:41", "text": "you see Sana for example many coins"}, {"start": "00:55:39", "end": "00:55:42", "text": "change hands here many coins change"}, {"start": "00:55:41", "end": "00:55:45", "text": "hands which means that you have"}, {"start": "00:55:42", "end": "00:55:47", "text": "confirmation that the market really"}, {"start": "00:55:45", "end": "00:55:49", "text": "thinks that Sana should be at 102. When"}, {"start": "00:55:47", "end": "00:55:50", "text": "you have a big candle like this, it"}, {"start": "00:55:49", "end": "00:55:54", "text": "could be that you know people are like,"}, {"start": "00:55:50", "end": "00:55:56", "text": "\"Holy let me dump this this crap."}, {"start": "00:55:54", "end": "00:55:58", "text": "Let me dump it.\" It went up so much. No"}, {"start": "00:55:56", "end": "00:56:00", "text": "one had time to dump here."}, {"start": "00:55:58", "end": "00:56:02", "text": "So that that's the only thing low"}, {"start": "00:56:00", "end": "00:56:05", "text": "volume, but at the same time is the"}, {"start": "00:56:02", "end": "00:56:08", "text": "nature of small caps. So"}, {"start": "00:56:05", "end": "00:56:09", "text": "yeah, but this is not my best chart. I"}, {"start": "00:56:08", "end": "00:56:11", "text": "don't I don't like when it's like this."}, {"start": "00:56:09", "end": "00:56:14", "text": "I don't like when it's a boop 3x out of"}, {"start": "00:56:11", "end": "00:56:15", "text": "nowhere, low liquidity. Yeah, but that"}, {"start": "00:56:14", "end": "00:56:17", "text": "being said, it's it's bullish now. It's"}, {"start": "00:56:15", "end": "00:56:19", "text": "bullish now. Uh just close bullish right"}, {"start": "00:56:17", "end": "00:56:22", "text": "here."}, {"start": "00:56:19", "end": "00:56:24", "text": "And uh don't uh I'm not chasing it."}, {"start": "00:56:22", "end": "00:56:25", "text": "That's the thing. Uh some people will be"}, {"start": "00:56:24", "end": "00:56:27", "text": "saying, \"Oh, but next time I will try to"}, {"start": "00:56:25", "end": "00:56:29", "text": "predict it.\" There's no way to predict"}, {"start": "00:56:27", "end": "00:56:30", "text": "it. How are you going to predict it? Uh"}, {"start": "00:56:29", "end": "00:56:32", "text": "how there's no way to predict it. The"}, {"start": "00:56:30", "end": "00:56:34", "text": "only way we can have nice riskreward is"}, {"start": "00:56:32", "end": "00:56:37", "text": "when a new bull trend happens. If it"}, {"start": "00:56:34", "end": "00:56:38", "text": "blasts like this from the bottoms to 3x"}, {"start": "00:56:37", "end": "00:56:40", "text": "it now, it is bull trend. I mean that's"}, {"start": "00:56:38", "end": "00:56:42", "text": "the thing it can easily consume to the"}, {"start": "00:56:40", "end": "00:56:46", "text": "upside. So if you want exposure to"}, {"start": "00:56:42", "end": "00:56:49", "text": "seeker uh is is way better now than you"}, {"start": "00:56:46", "end": "00:56:51", "text": "know during bare trend. Um but yeah it's"}, {"start": "00:56:49", "end": "00:56:53", "text": "a very big low low liquidity candle. So"}, {"start": "00:56:51", "end": "00:56:54", "text": "you have just higher risk. So set a nice"}, {"start": "00:56:53", "end": "00:56:57", "text": "stop loss and that's it. That's it and"}, {"start": "00:56:54", "end": "00:56:59", "text": "you're good."}, {"start": "00:56:57", "end": "00:57:02", "text": "So conclusion bullish but set nice stop"}, {"start": "00:56:59", "end": "00:57:04", "text": "loss. And just know this theory about uh"}, {"start": "00:57:02", "end": "00:57:07", "text": "when you when it's a gold candle like"}, {"start": "00:57:04", "end": "00:57:10", "text": "this on a shitcoin that is low"}, {"start": "00:57:07", "end": "00:57:12", "text": "liquidity, it may just be not too many"}, {"start": "00:57:10", "end": "00:57:15", "text": "coins changing hands and yeah, the"}, {"start": "00:57:12", "end": "00:57:19", "text": "market hasn't really confirmed it."}, {"start": "00:57:15", "end": "00:57:21", "text": "What about the Trump Trump gold there?"}, {"start": "00:57:19", "end": "00:57:25", "text": "Iranians hacked his social media now"}, {"start": "00:57:21", "end": "00:57:25", "text": "using those funds."}, {"start": "00:57:25", "end": "00:57:30", "text": "No idea. Haven't heard that. every time"}, {"start": "00:57:28", "end": "00:57:35", "text": "price at the discount people just think"}, {"start": "00:57:30", "end": "00:57:37", "text": "to sell like no way can earn gold candle"}, {"start": "00:57:35", "end": "00:57:40", "text": "every every time price. So when it comes"}, {"start": "00:57:37", "end": "00:57:43", "text": "to uh discount if you are in bull trend"}, {"start": "00:57:40", "end": "00:57:45", "text": "discounts are for buying. Uh why?"}, {"start": "00:57:43", "end": "00:57:48", "text": "Because bull trend definition bull trend"}, {"start": "00:57:45", "end": "00:57:51", "text": "continues up with highest likelihood."}, {"start": "00:57:48", "end": "00:57:53", "text": "When you have bare trend you don't want"}, {"start": "00:57:51", "end": "00:57:54", "text": "to be in it. You want to confirm bull"}, {"start": "00:57:53", "end": "00:57:56", "text": "trend first because whatever you buy in"}, {"start": "00:57:54", "end": "00:57:58", "text": "bare trend expected value is that it's"}, {"start": "00:57:56", "end": "00:58:01", "text": "going to go lower. You always want to"}, {"start": "00:57:58", "end": "00:58:04", "text": "look at expected value. Very important."}, {"start": "00:58:01", "end": "00:58:07", "text": "Expected value always always. And the"}, {"start": "00:58:04", "end": "00:58:10", "text": "thing is if you uh if you want more"}, {"start": "00:58:07", "end": "00:58:12", "text": "volatility you can create it by using uh"}, {"start": "00:58:10", "end": "00:58:14", "text": "uh buy bit or weeks. You can see"}, {"start": "00:58:12", "end": "00:58:17", "text": "exchanges I use in the description for"}, {"start": "00:58:14", "end": "00:58:19", "text": "leverage. See for example here with good"}, {"start": "00:58:17", "end": "00:58:22", "text": "risk management which we teach in bull"}, {"start": "00:58:19", "end": "00:58:25", "text": "mania. you actually can use leverage. So"}, {"start": "00:58:22", "end": "00:58:28", "text": "for example here this guy got 300% in a"}, {"start": "00:58:25", "end": "00:58:30", "text": "confirmed bull trend without trying to"}, {"start": "00:58:28", "end": "00:58:31", "text": "guess the bottom without trying to you"}, {"start": "00:58:30", "end": "00:58:33", "text": "know because it's impossible to guess"}, {"start": "00:58:31", "end": "00:58:35", "text": "the bottom like no one can do it. Uh if"}, {"start": "00:58:33", "end": "00:58:36", "text": "you try to guess the bottom to catch"}, {"start": "00:58:35", "end": "00:58:39", "text": "such a candle you're doing yourself a"}, {"start": "00:58:36", "end": "00:58:41", "text": "big disservice because like we discussed"}, {"start": "00:58:39", "end": "00:58:44", "text": "a few streams ago in a bare trend"}, {"start": "00:58:41", "end": "00:58:47", "text": "bottoms they become new bottom. That's"}, {"start": "00:58:44", "end": "00:58:49", "text": "the expected value. If you run"}, {"start": "00:58:47", "end": "00:58:50", "text": "simulation a million times a bottom is"}, {"start": "00:58:49", "end": "00:58:52", "text": "going to be new bottom. So whatever you"}, {"start": "00:58:50", "end": "00:58:54", "text": "think is the bottom likely is not the"}, {"start": "00:58:52", "end": "00:58:57", "text": "bottom in a bull trend. It's vice versa."}, {"start": "00:58:54", "end": "00:59:00", "text": "In a bull trend a new high is expected"}, {"start": "00:58:57", "end": "00:59:01", "text": "to produce a higher high. That's why uh"}, {"start": "00:59:00", "end": "00:59:03", "text": "many people they get confused when we"}, {"start": "00:59:01", "end": "00:59:05", "text": "teach them that actually alltime high in"}, {"start": "00:59:03", "end": "00:59:07", "text": "a bull trend is not bad. It's not as"}, {"start": "00:59:05", "end": "00:59:08", "text": "good as going in early bull trend like"}, {"start": "00:59:07", "end": "00:59:10", "text": "now Solana for example or ETH or there"}, {"start": "00:59:08", "end": "00:59:12", "text": "are many new bull trends. That's the"}, {"start": "00:59:10", "end": "00:59:14", "text": "best. But the second best is when you"}, {"start": "00:59:12", "end": "00:59:16", "text": "have a break of psychological round"}, {"start": "00:59:14", "end": "00:59:18", "text": "numbers or for example when you have a"}, {"start": "00:59:16", "end": "00:59:19", "text": "new alltime high in a bull trend because"}, {"start": "00:59:18", "end": "00:59:21", "text": "highs they become new I mean that's the"}, {"start": "00:59:19", "end": "00:59:23", "text": "definition of bull trend look at S&P"}, {"start": "00:59:21", "end": "00:59:25", "text": "look at bitcoin whenever there is a high"}, {"start": "00:59:23", "end": "00:59:26", "text": "in a in a bull market likely there's"}, {"start": "00:59:25", "end": "00:59:28", "text": "going to be a higher high okay you"}, {"start": "00:59:26", "end": "00:59:30", "text": "understand not always I mean at some"}, {"start": "00:59:28", "end": "00:59:31", "text": "point it's the like it's the final high"}, {"start": "00:59:30", "end": "00:59:33", "text": "and then it's bare but then you have"}, {"start": "00:59:31", "end": "00:59:35", "text": "stop loss you're good anyways see if you"}, {"start": "00:59:33", "end": "00:59:36", "text": "have a strategy you don't have this pleb"}, {"start": "00:59:35", "end": "00:59:38", "text": "question but what if what what if what"}, {"start": "00:59:36", "end": "00:59:40", "text": "if it's all handled man any question you"}, {"start": "00:59:38", "end": "00:59:41", "text": "have believe me there's no new question"}, {"start": "00:59:40", "end": "00:59:43", "text": "for me for me there's no new question"}, {"start": "00:59:41", "end": "00:59:45", "text": "and I know all your questions beforehand"}, {"start": "00:59:43", "end": "00:59:47", "text": "whatever you you think you have a"}, {"start": "00:59:45", "end": "00:59:49", "text": "question we have answers to everything"}, {"start": "00:59:47", "end": "00:59:52", "text": "so here for example instead of guessing"}, {"start": "00:59:49", "end": "00:59:54", "text": "the bottom you have a confirmed uptrend"}, {"start": "00:59:52", "end": "00:59:56", "text": "you enter you can use leverage if you"}, {"start": "00:59:54", "end": "00:59:58", "text": "know mechanical rules bulmania you can"}, {"start": "00:59:56", "end": "01:00:01", "text": "ride the uptrends you have good"}, {"start": "00:59:58", "end": "01:00:02", "text": "riskreward and uh you don't have to"}, {"start": "01:00:01", "end": "01:00:06", "text": "guess anything you don't have to guess"}, {"start": "01:00:02", "end": "01:00:08", "text": "look hyperlid 77% bam fantastic this guy"}, {"start": "01:00:06", "end": "01:00:10", "text": "ena soul it's it's upren like all of"}, {"start": "01:00:08", "end": "01:00:12", "text": "these are uptrends meaning that Expected"}, {"start": "01:00:10", "end": "01:00:14", "text": "value is higher. Always always think"}, {"start": "01:00:12", "end": "01:00:16", "text": "about expected value. Guys, we're at 1"}, {"start": "01:00:14", "end": "01:00:19", "text": "hour mark. Fantastic. Fantastic time"}, {"start": "01:00:16", "end": "01:00:22", "text": "together. Big shout out to Guzman for"}, {"start": "01:00:19", "end": "01:00:23", "text": "time stamping us today. Very, very good."}, {"start": "01:00:22", "end": "01:00:25", "text": "U guys, it's only the beginning. I'm"}, {"start": "01:00:23", "end": "01:00:28", "text": "now, you know, I'm I'm now back in my"}, {"start": "01:00:25", "end": "01:00:31", "text": "studio, the normal studio. We were a few"}, {"start": "01:00:28", "end": "01:00:32", "text": "months in another one, but guys, it's so"}, {"start": "01:00:31", "end": "01:00:35", "text": "nice. I I feel like I'm ready. I'm ready"}, {"start": "01:00:32", "end": "01:00:38", "text": "to lock in. I'm ready to lock in for Q3,"}, {"start": "01:00:35", "end": "01:00:41", "text": "Q4, October. We bottom out. Balhalla."}, {"start": "01:00:38", "end": "01:00:43", "text": "I'm ready, guys, to lock in. I'm going"}, {"start": "01:00:41", "end": "01:00:45", "text": "to be sitting here every day. We're"}, {"start": "01:00:43", "end": "01:00:46", "text": "going to be I'm going to be holding you"}, {"start": "01:00:45", "end": "01:00:47", "text": "by the hand. And what are you going to"}, {"start": "01:00:46", "end": "01:00:49", "text": "be doing? You're going to be smashing"}, {"start": "01:00:47", "end": "01:00:51", "text": "the like and you're going to be going to"}, {"start": "01:00:49", "end": "01:00:53", "text": "first link of description and you're"}, {"start": "01:00:51", "end": "01:00:55", "text": "going to be uh entering your email here"}, {"start": "01:00:53", "end": "01:00:57", "text": "and subscribing to our newsletter. Very"}, {"start": "01:00:55", "end": "01:00:59", "text": "important. YouTube may decide not to"}, {"start": "01:00:57", "end": "01:01:00", "text": "show you our content. I don't know. Like"}, {"start": "01:00:59", "end": "01:01:02", "text": "I don't trust anything I don't control."}, {"start": "01:01:00", "end": "01:01:04", "text": "You should be the same. If you like the"}, {"start": "01:01:02", "end": "01:01:06", "text": "videos, don't trust anyone to send to"}, {"start": "01:01:04", "end": "01:01:08", "text": "send you notification. Go to the"}, {"start": "01:01:06", "end": "01:01:10", "text": "newsletter. Sign up. Sign up. Sign up."}, {"start": "01:01:08", "end": "01:01:14", "text": "Sign up. Okay, guys. Thank you very"}, {"start": "01:01:10", "end": "01:01:14", "text": "much. Have a good day and goodbye, guys."}]

[{"start": "00:00:01", "end": "00:00:08", "text": "Hello everybody."}, {"start": "00:00:04", "end": "00:00:11", "text": "Welcome back for another video. Hope"}, {"start": "00:00:08", "end": "00:00:14", "text": "you're all doing well. Hope you're all"}, {"start": "00:00:11", "end": "00:00:16", "text": "doing fantastic"}, {"start": "00:00:14", "end": "00:00:19", "text": "and that you're all having a great day."}, {"start": "00:00:16", "end": "00:00:23", "text": "Hope that you're all remembering"}, {"start": "00:00:19", "end": "00:00:26", "text": "to invest. Yeah, I know someone said it."}, {"start": "00:00:23", "end": "00:00:29", "text": "It's very important. Uh the amount of"}, {"start": "00:00:26", "end": "00:00:32", "text": "people not investing uh continues to"}, {"start": "00:00:29", "end": "00:00:35", "text": "rise. The amount of people who uh want"}, {"start": "00:00:32", "end": "00:00:37", "text": "to retire also continues to rise, but"}, {"start": "00:00:35", "end": "00:00:39", "text": "you got to make sure you have some kind"}, {"start": "00:00:37", "end": "00:00:41", "text": "of money. Not going to get into that"}, {"start": "00:00:39", "end": "00:00:42", "text": "conversation."}, {"start": "00:00:41", "end": "00:00:45", "text": "[clears throat] Jess was chatting with"}, {"start": "00:00:42", "end": "00:00:47", "text": "someone two days ago about that and I"}, {"start": "00:00:45", "end": "00:00:49", "text": "was like, \"Yeah, a lot of people don't"}, {"start": "00:00:47", "end": "00:00:53", "text": "realize you have to make moves. That's"}, {"start": "00:00:49", "end": "00:00:56", "text": "how you uh get money and retire early.\""}, {"start": "00:00:53", "end": "00:01:00", "text": "A very big thank you to Finley Bass,"}, {"start": "00:00:56", "end": "00:01:03", "text": "Gilboa Snake, Trent Jackson, Gypsy"}, {"start": "00:01:00", "end": "00:01:09", "text": "Queen, Alexander the Greek, Lyall"}, {"start": "00:01:03", "end": "00:01:12", "text": "Austin, FT Clown, and Livio C. Very big"}, {"start": "00:01:09", "end": "00:01:15", "text": "thank you to all of my Patreon"}, {"start": "00:01:12", "end": "00:01:18", "text": "supporters. Without any further ado,"}, {"start": "00:01:15", "end": "00:01:21", "text": "let's jump right into it. How is"}, {"start": "00:01:18", "end": "00:01:23", "text": "everyone? What's new? How's life? What"}, {"start": "00:01:21", "end": "00:01:27", "text": "have you been up to lately? What have"}, {"start": "00:01:23", "end": "00:01:31", "text": "you been investing in? The news the last"}, {"start": "00:01:27", "end": "00:01:34", "text": "like five or six days is kind of I"}, {"start": "00:01:31", "end": "00:01:38", "text": "assume it's because of everything going"}, {"start": "00:01:34", "end": "00:01:41", "text": "on, but a lot of the news has been I"}, {"start": "00:01:38", "end": "00:01:43", "text": "mean it's not bad. You know, I I think I"}, {"start": "00:01:41", "end": "00:01:46", "text": "sometimes have the tone that the news"}, {"start": "00:01:43", "end": "00:01:48", "text": "might be difficult andor negative. No,"}, {"start": "00:01:46", "end": "00:01:52", "text": "it's it's been it's been exceptionally"}, {"start": "00:01:48", "end": "00:01:55", "text": "good as usual. It's just a lot of like"}, {"start": "00:01:52", "end": "00:01:58", "text": "intensity price-wise. A lot of the news"}, {"start": "00:01:55", "end": "00:02:02", "text": "the last couple of days has revolved"}, {"start": "00:01:58", "end": "00:02:04", "text": "around uh Bitcoin successfully having a"}, {"start": "00:02:02", "end": "00:02:07", "text": "golden cross on the charts, which would"}, {"start": "00:02:04", "end": "00:02:11", "text": "then mean prices going higher. Uh it's"}, {"start": "00:02:07", "end": "00:02:15", "text": "been about XRP showing signals and signs"}, {"start": "00:02:11", "end": "00:02:18", "text": "that it hasn't shown in years. or if it"}, {"start": "00:02:15", "end": "00:02:21", "text": "is showing signs and signals. These are"}, {"start": "00:02:18", "end": "00:02:25", "text": "mimics of price movements"}, {"start": "00:02:21", "end": "00:02:27", "text": "[clears throat] from 2016 to 2017, which"}, {"start": "00:02:25", "end": "00:02:30", "text": "is when we had all the gargantuan pumps."}, {"start": "00:02:27", "end": "00:02:33", "text": "There's a lot of news about reallocation"}, {"start": "00:02:30", "end": "00:02:35", "text": "of funds. There's news about AI"}, {"start": "00:02:33", "end": "00:02:37", "text": "potentially"}, {"start": "00:02:35", "end": "00:02:40", "text": "struggling over the coming years as"}, {"start": "00:02:37", "end": "00:02:42", "text": "we're seeing a lot of uh data centers no"}, {"start": "00:02:40", "end": "00:02:46", "text": "longer being built. Uh there are like"}, {"start": "00:02:42", "end": "00:02:49", "text": "famous rich people who are weirdly out"}, {"start": "00:02:46", "end": "00:02:52", "text": "of nowhere uh talking negatively about"}, {"start": "00:02:49", "end": "00:02:54", "text": "AI and I mean like like Bill Gates, not"}, {"start": "00:02:52", "end": "00:02:56", "text": "like random like people in movies but"}, {"start": "00:02:54", "end": "00:02:59", "text": "like people who kind of backed the"}, {"start": "00:02:56", "end": "00:03:01", "text": "sector before are now talking about yeah"}, {"start": "00:02:59", "end": "00:03:03", "text": "you know we're not expecting big money"}, {"start": "00:03:01", "end": "00:03:05", "text": "anymore. And then you have all these"}, {"start": "00:03:03", "end": "00:03:08", "text": "people talking about that a lot of the"}, {"start": "00:03:05", "end": "00:03:11", "text": "capital and money that was in other"}, {"start": "00:03:08", "end": "00:03:13", "text": "speculative markets is now moving into"}, {"start": "00:03:11", "end": "00:03:15", "text": "the cryptocurrency space. People are"}, {"start": "00:03:13", "end": "00:03:17", "text": "expecting big movements over the course"}, {"start": "00:03:15", "end": "00:03:19", "text": "of the next couple of weeks into the"}, {"start": "00:03:17", "end": "00:03:22", "text": "next couple of years within the it's"}, {"start": "00:03:19", "end": "00:03:26", "text": "just been a lot like every day is kind"}, {"start": "00:03:22", "end": "00:03:29", "text": "of this and it's not hypy. It's it's all"}, {"start": "00:03:26", "end": "00:03:32", "text": "I use the word accurate like kind of"}, {"start": "00:03:29", "end": "00:03:34", "text": "news representative of what might"}, {"start": "00:03:32", "end": "00:03:37", "text": "potentially happen to our space, but"}, {"start": "00:03:34", "end": "00:03:39", "text": "it's kind of like it's it's it's"}, {"start": "00:03:37", "end": "00:03:41", "text": "overwhelming. Overwhelming is a great"}, {"start": "00:03:39", "end": "00:03:43", "text": "word"}, {"start": "00:03:41", "end": "00:03:45", "text": "for everything that's currently uh"}, {"start": "00:03:43", "end": "00:03:50", "text": "happening right now. Uh, for those of"}, {"start": "00:03:45", "end": "00:03:52", "text": "you not looking at the screen,"}, {"start": "00:03:50", "end": "00:03:56", "text": "it says,"}, {"start": "00:03:52", "end": "00:04:00", "text": "\"Bitcoin only goes up.\""}, {"start": "00:03:56", "end": "00:04:04", "text": "That's the title. Bitcoin only goes up."}, {"start": "00:04:00", "end": "00:04:08", "text": "What the 200 week and 50Week MAS say"}, {"start": "00:04:04", "end": "00:04:09", "text": "about the cycle transition. So, I've"}, {"start": "00:04:08", "end": "00:04:11", "text": "been telling you this for the past"}, {"start": "00:04:09", "end": "00:04:13", "text": "couple of months. No, no, no, no, no,"}, {"start": "00:04:11", "end": "00:04:14", "text": "no. Yeah, yeah, yeah, yeah, yeah, yeah,"}, {"start": "00:04:13", "end": "00:04:16", "text": "yeah. It's it's it's been about two"}, {"start": "00:04:14", "end": "00:04:21", "text": "months now give or take roughly around"}, {"start": "00:04:16", "end": "00:04:24", "text": "that time period. It is believed"}, {"start": "00:04:21", "end": "00:04:28", "text": "that October will bring about the"}, {"start": "00:04:24", "end": "00:04:31", "text": "literal transition from the technical"}, {"start": "00:04:28", "end": "00:04:35", "text": "bare market which is what we are"}, {"start": "00:04:31", "end": "00:04:36", "text": "expected to currently be in into what is"}, {"start": "00:04:35", "end": "00:04:39", "text": "usually"}, {"start": "00:04:36", "end": "00:04:41", "text": "a multi-year bull run. It happens every"}, {"start": "00:04:39", "end": "00:04:46", "text": "single cycle. We've been going over the"}, {"start": "00:04:41", "end": "00:04:49", "text": "charts. It's uh 364 days down and over a"}, {"start": "00:04:46", "end": "00:04:51", "text": "thousand days moving up. Of course, it"}, {"start": "00:04:49", "end": "00:04:53", "text": "will not be a continuous movement up."}, {"start": "00:04:51", "end": "00:04:56", "text": "There will be ups and downs, but by the"}, {"start": "00:04:53", "end": "00:04:57", "text": "end of the road, we're at a half a"}, {"start": "00:04:56", "end": "00:04:59", "text": "million dollar Bitcoin, or so they're"}, {"start": "00:04:57", "end": "00:05:03", "text": "saying. [clears throat]"}, {"start": "00:04:59", "end": "00:05:06", "text": "Apparently, Bitcoin has provided all the"}, {"start": "00:05:03", "end": "00:05:08", "text": "metrics that we've been waiting for, and"}, {"start": "00:05:06", "end": "00:05:12", "text": "100,000"}, {"start": "00:05:08", "end": "00:05:15", "text": "per coin plus is now currently inbound."}, {"start": "00:05:12", "end": "00:05:18", "text": "This is kind of as I was saying the last"}, {"start": "00:05:15", "end": "00:05:21", "text": "like couple of days we were having some"}, {"start": "00:05:18", "end": "00:05:23", "text": "news before a lot of it"}, {"start": "00:05:21", "end": "00:05:26", "text": "revolved around the clarity act. A lot"}, {"start": "00:05:23", "end": "00:05:29", "text": "of it revolved around is still revolving"}, {"start": "00:05:26", "end": "00:05:32", "text": "around interest rates, but now there are"}, {"start": "00:05:29", "end": "00:05:34", "text": "a lot of articles discussing uh like"}, {"start": "00:05:32", "end": "00:05:36", "text": "chart movements and more technical"}, {"start": "00:05:34", "end": "00:05:38", "text": "things and it looks like it's going to"}, {"start": "00:05:36", "end": "00:05:39", "text": "do this and we're waiting for this kind"}, {"start": "00:05:38", "end": "00:05:43", "text": "of event to happen and then this is"}, {"start": "00:05:39", "end": "00:05:46", "text": "going to that's a lot of the crypto news"}, {"start": "00:05:43", "end": "00:05:49", "text": "right now. It says, \"Bitcoin's 200W and"}, {"start": "00:05:46", "end": "00:05:52", "text": "50W moving average have historically"}, {"start": "00:05:49", "end": "00:05:55", "text": "offered two of the clearest signals for"}, {"start": "00:05:52", "end": "00:05:58", "text": "identifying where a bare market bottoms"}, {"start": "00:05:55", "end": "00:06:02", "text": "and when a new bull market begins."}, {"start": "00:05:58", "end": "00:06:04", "text": "Bitcoin's 200 WMA has only gone up."}, {"start": "00:06:02", "end": "00:06:07", "text": "While both gold and the S&P 500 have"}, {"start": "00:06:04", "end": "00:06:11", "text": "experienced periods where this long-term"}, {"start": "00:06:07", "end": "00:06:13", "text": "trend line declined, the 200 WMA moving"}, {"start": "00:06:11", "end": "00:06:16", "text": "average has historically marked"}, {"start": "00:06:13", "end": "00:06:18", "text": "Bitcoin's bare market floor. Though"}, {"start": "00:06:16", "end": "00:06:20", "text": "reclaiming it alone does not confirm the"}, {"start": "00:06:18", "end": "00:06:23", "text": "bare market is over, the 50week moving"}, {"start": "00:06:20", "end": "00:06:25", "text": "average is the key confirmation level. A"}, {"start": "00:06:23", "end": "00:06:27", "text": "decisive weekly re reclaim would"}, {"start": "00:06:25", "end": "00:06:30", "text": "significantly strengthen the case for a"}, {"start": "00:06:27", "end": "00:06:32", "text": "new bull run."}, {"start": "00:06:30", "end": "00:06:34", "text": "My goodness."}, {"start": "00:06:32", "end": "00:06:37", "text": "So, you are going to, this isn't going"}, {"start": "00:06:34", "end": "00:06:40", "text": "to be a a thing in passing. the next"}, {"start": "00:06:37", "end": "00:06:44", "text": "couple of weeks you are going to hear a"}, {"start": "00:06:40", "end": "00:06:49", "text": "lot of news about charts about movements"}, {"start": "00:06:44", "end": "00:06:55", "text": "because if and I dare say the majority"}, {"start": "00:06:49", "end": "00:06:58", "text": "if the majority of these uh charts"}, {"start": "00:06:55", "end": "00:07:03", "text": "show officially on the 6th or 7th of"}, {"start": "00:06:58", "end": "00:07:05", "text": "October of 2026 that Bitcoin has moved"}, {"start": "00:07:03", "end": "00:07:07", "text": "above a certain number. if it has marked"}, {"start": "00:07:05", "end": "00:07:10", "text": "a certain thing, if it's showing the"}, {"start": "00:07:07", "end": "00:07:12", "text": "exact same symbols that we have seen"}, {"start": "00:07:10", "end": "00:07:14", "text": "before in other cycles over the course"}, {"start": "00:07:12", "end": "00:07:16", "text": "of four years and that Bitcoin is going"}, {"start": "00:07:14", "end": "00:07:20", "text": "to go back up, I think we're going to"}, {"start": "00:07:16", "end": "00:07:22", "text": "like experience madness"}, {"start": "00:07:20", "end": "00:07:25", "text": "within this market. Everyone's expecting"}, {"start": "00:07:22", "end": "00:07:29", "text": "prices to go higher. I think a really"}, {"start": "00:07:25", "end": "00:07:31", "text": "good catalyst would be a for prices to"}, {"start": "00:07:29", "end": "00:07:36", "text": "begin to move up a bit higher, but then"}, {"start": "00:07:31", "end": "00:07:40", "text": "to also hear we are officially in the"}, {"start": "00:07:36", "end": "00:07:44", "text": "bull run. This chart shows that four"}, {"start": "00:07:40", "end": "00:07:48", "text": "other times when this happened, Bitcoin"}, {"start": "00:07:44", "end": "00:07:52", "text": "went up a lot higher. I think if that"}, {"start": "00:07:48", "end": "00:07:55", "text": "happens on social media and if Bitcoin"}, {"start": "00:07:52", "end": "00:07:59", "text": "goes up by a couple thousand dollars"}, {"start": "00:07:55", "end": "00:08:00", "text": "that day, it is it's go time. We've been"}, {"start": "00:07:59", "end": "00:08:03", "text": "hearing for a while and if you haven't"}, {"start": "00:08:00", "end": "00:08:05", "text": "missed any I mean happen to miss any of"}, {"start": "00:08:03", "end": "00:08:08", "text": "the actual price predictions and stuff"}, {"start": "00:08:05", "end": "00:08:11", "text": "for the end of this year. They've been"}, {"start": "00:08:08", "end": "00:08:14", "text": "quite staggering. Everyone's announcing"}, {"start": "00:08:11", "end": "00:08:19", "text": "minimum"}, {"start": "00:08:14", "end": "00:08:23", "text": "150k Bitcoin, $5,000, $6,000 Ethereum."}, {"start": "00:08:19", "end": "00:08:26", "text": "It's like the the the most concrete"}, {"start": "00:08:23", "end": "00:08:29", "text": "consistent thing that we are hearing"}, {"start": "00:08:26", "end": "00:08:31", "text": "right now about the cryptocurrency"}, {"start": "00:08:29", "end": "00:08:34", "text": "market."}, {"start": "00:08:31", "end": "00:08:40", "text": "It says"}, {"start": "00:08:34", "end": "00:08:43", "text": "XRP has entered a rare technical zone"}, {"start": "00:08:40", "end": "00:08:46", "text": "that has come before some of its biggest"}, {"start": "00:08:43", "end": "00:08:52", "text": "price moves. This is according to the"}, {"start": "00:08:46", "end": "00:08:55", "text": "analyst known as Chart Nerd. Great name."}, {"start": "00:08:52", "end": "00:08:57", "text": "He highlighted 2014,"}, {"start": "00:08:55", "end": "00:08:58", "text": "2017,"}, {"start": "00:08:57", "end": "00:09:00", "text": "2020,"}, {"start": "00:08:58", "end": "00:09:04", "text": "2022,"}, {"start": "00:09:00", "end": "00:09:08", "text": "2024, and the current 2026 setup as"}, {"start": "00:09:04", "end": "00:09:10", "text": "examples of times when XRP reached the"}, {"start": "00:09:08", "end": "00:09:14", "text": "lower end of the Gausian channel before"}, {"start": "00:09:10", "end": "00:09:16", "text": "a major price move."}, {"start": "00:09:14", "end": "00:09:21", "text": "I need you to understand how popular all"}, {"start": "00:09:16", "end": "00:09:24", "text": "of this news is. it is. I have not at"}, {"start": "00:09:21", "end": "00:09:27", "text": "the moment personally found any kind of"}, {"start": "00:09:24", "end": "00:09:30", "text": "negative price news. There are still"}, {"start": "00:09:27", "end": "00:09:32", "text": "some websites who do report on uh Peter"}, {"start": "00:09:30", "end": "00:09:35", "text": "Schiff, the guy who loves gold. I"}, {"start": "00:09:32", "end": "00:09:37", "text": "sincerely don't understand"}, {"start": "00:09:35", "end": "00:09:40", "text": "how this guy is still making it into"}, {"start": "00:09:37", "end": "00:09:43", "text": "crypto news. I really don't get it. He's"}, {"start": "00:09:40", "end": "00:09:46", "text": "the only person."}, {"start": "00:09:43", "end": "00:09:49", "text": "Everyone else, every other chart,"}, {"start": "00:09:46", "end": "00:09:51", "text": "everything else is based off of prices"}, {"start": "00:09:49", "end": "00:09:53", "text": "are going higher. We have a couple of"}, {"start": "00:09:51", "end": "00:09:55", "text": "weeks left. The charts are showing this."}, {"start": "00:09:53", "end": "00:09:58", "text": "XRP just did that. Ethereum just formed"}, {"start": "00:09:55", "end": "00:10:01", "text": "a movement that we haven't seen since"}, {"start": "00:09:58", "end": "00:10:04", "text": "the beginning of 2017 when Ethereum rose"}, {"start": "00:10:01", "end": "00:10:06", "text": "by 800x. Bitcoin just did this. The"}, {"start": "00:10:04", "end": "00:10:09", "text": "charts are showing that this is this is"}, {"start": "00:10:06", "end": "00:10:11", "text": "like real. Like this is like all over"}, {"start": "00:10:09", "end": "00:10:15", "text": "the place."}, {"start": "00:10:11", "end": "00:10:18", "text": "So, the issue for us ends up being"}, {"start": "00:10:15", "end": "00:10:20", "text": "uh just how much of this actually ends"}, {"start": "00:10:18", "end": "00:10:23", "text": "up uh transpiring."}, {"start": "00:10:20", "end": "00:10:26", "text": "We're all expecting higher prices. By"}, {"start": "00:10:23", "end": "00:10:29", "text": "the time we get to October, this should"}, {"start": "00:10:26", "end": "00:10:31", "text": "revalidate that we're actually in the"}, {"start": "00:10:29", "end": "00:10:34", "text": "four-year cycle. Even though some people"}, {"start": "00:10:31", "end": "00:10:37", "text": "say we have shifted backwards or shifted"}, {"start": "00:10:34", "end": "00:10:39", "text": "forwards, we're currently in a bull"}, {"start": "00:10:37", "end": "00:10:41", "text": "cycle, but no one's announcing it or"}, {"start": "00:10:39", "end": "00:10:43", "text": "that we might be a couple of weeks"}, {"start": "00:10:41", "end": "00:10:46", "text": "forward or that we might have to wait"}, {"start": "00:10:43", "end": "00:10:46", "text": "until November."}, {"start": "00:10:46", "end": "00:10:53", "text": "The core of it is that prices are going"}, {"start": "00:10:50", "end": "00:10:55", "text": "to go higher as we've been going over."}, {"start": "00:10:53", "end": "00:10:57", "text": "But I I need to show you the news so"}, {"start": "00:10:55", "end": "00:10:59", "text": "that you actually also properly"}, {"start": "00:10:57", "end": "00:11:03", "text": "understand what I'm saying. This isn't"}, {"start": "00:10:59", "end": "00:11:05", "text": "like a one article kind of thing. It's"}, {"start": "00:11:03", "end": "00:11:10", "text": "everywhere."}, {"start": "00:11:05", "end": "00:11:12", "text": "Even with news of what the Fed might"}, {"start": "00:11:10", "end": "00:11:15", "text": "continue to do over the course of this"}, {"start": "00:11:12", "end": "00:11:17", "text": "year and next year, if you haven't seen"}, {"start": "00:11:15", "end": "00:11:20", "text": "the bank's predictions for interest"}, {"start": "00:11:17", "end": "00:11:24", "text": "rates rising or falling or being kept"}, {"start": "00:11:20", "end": "00:11:26", "text": "the same, crypto news, even with that"}, {"start": "00:11:24", "end": "00:11:29", "text": "information in the articles, revolves"}, {"start": "00:11:26", "end": "00:11:34", "text": "around prices are going to go much"}, {"start": "00:11:29", "end": "00:11:34", "text": "higher for the cryptocurrency market."}, {"start": "00:11:34", "end": "00:11:41", "text": "It's like a foundation"}, {"start": "00:11:37", "end": "00:11:45", "text": "of the idea of crypto uh right now. So"}, {"start": "00:11:41", "end": "00:11:47", "text": "yes, we will see what happens. We have"}, {"start": "00:11:45", "end": "00:11:51", "text": "no choice. Time will move forward. Uh"}, {"start": "00:11:47", "end": "00:11:56", "text": "but the anticipation is"}, {"start": "00:11:51", "end": "00:11:58", "text": "sky high that we could"}, {"start": "00:11:56", "end": "00:12:03", "text": "potentially be entering into a"}, {"start": "00:11:58", "end": "00:12:07", "text": "three-year bull run. And that's with"}, {"start": "00:12:03", "end": "00:12:10", "text": "news of 2 million Bitcoin"}, {"start": "00:12:07", "end": "00:12:13", "text": "having been accumulated by companies,"}, {"start": "00:12:10", "end": "00:12:16", "text": "two three"}, {"start": "00:12:13", "end": "00:12:18", "text": "companies over the course of the last"}, {"start": "00:12:16", "end": "00:12:22", "text": "two years. If you didn't see the other"}, {"start": "00:12:18", "end": "00:12:26", "text": "videos, apparently the uh ex the gez"}, {"start": "00:12:22", "end": "00:12:29", "text": "Louise, the cryptocurrency ETF inflows"}, {"start": "00:12:26", "end": "00:12:32", "text": "are also extremely off the charts. one"}, {"start": "00:12:29", "end": "00:12:35", "text": "day had like $900 million in Bitcoin."}, {"start": "00:12:32", "end": "00:12:36", "text": "There was a a cluster of days where it"}, {"start": "00:12:35", "end": "00:12:40", "text": "was $3.6"}, {"start": "00:12:36", "end": "00:12:42", "text": "million worth of inflows for Bitcoin."}, {"start": "00:12:40", "end": "00:12:46", "text": "The money's there. So, now it's just"}, {"start": "00:12:42", "end": "00:12:49", "text": "time for prices to move up accordingly."}, {"start": "00:12:46", "end": "00:12:54", "text": "That's the price news. I don't really"}, {"start": "00:12:49", "end": "00:12:57", "text": "know how to frame that one, but yeah,"}, {"start": "00:12:54", "end": "00:13:00", "text": "let's move on."}, {"start": "00:12:57", "end": "00:13:03", "text": "Also in the news, uh, Strive,"}, {"start": "00:13:00", "end": "00:13:06", "text": "not to be confused with Stripe or"}, {"start": "00:13:03", "end": "00:13:09", "text": "Strike. Uh, I don't know why many crypto"}, {"start": "00:13:06", "end": "00:13:13", "text": "companies start with Stry, but okay. It"}, {"start": "00:13:09", "end": "00:13:16", "text": "says Strive adds 1,075"}, {"start": "00:13:13", "end": "00:13:20", "text": "Bitcoin in a"}, {"start": "00:13:16", "end": "00:13:23", "text": "19 million Treasury buy while strategy"}, {"start": "00:13:20", "end": "00:13:25", "text": "pauses. That one's a bit dramatic. We"}, {"start": "00:13:23", "end": "00:13:28", "text": "heard from Micro Strategy recently. they"}, {"start": "00:13:25", "end": "00:13:30", "text": "had just purchased more Bitcoin. Michael"}, {"start": "00:13:28", "end": "00:13:33", "text": "Sailor announcing that their conviction"}, {"start": "00:13:30", "end": "00:13:36", "text": "has not faded and they're only going to"}, {"start": "00:13:33", "end": "00:13:38", "text": "continue buying more Bitcoin. Obviously,"}, {"start": "00:13:36", "end": "00:13:40", "text": "what they were doing before was just an"}, {"start": "00:13:38", "end": "00:13:43", "text": "appeasement to their investors so that"}, {"start": "00:13:40", "end": "00:13:46", "text": "they have multiple years worth of"}, {"start": "00:13:43", "end": "00:13:49", "text": "dividend payments for them."}, {"start": "00:13:46", "end": "00:13:53", "text": "Uh secondly, yeah, um a lot of these"}, {"start": "00:13:49", "end": "00:13:53", "text": "companies typically"}, {"start": "00:13:53", "end": "00:13:59", "text": "purchased around like we would hear in"}, {"start": "00:13:56", "end": "00:14:02", "text": "the news they purchased 24 Bitcoin. This"}, {"start": "00:13:59", "end": "00:14:05", "text": "company bought 89 Bitcoin. Uh they've"}, {"start": "00:14:02", "end": "00:14:06", "text": "upped their purchases"}, {"start": "00:14:05", "end": "00:14:10", "text": "massively"}, {"start": "00:14:06", "end": "00:14:13", "text": "and I assume that is probably because of"}, {"start": "00:14:10", "end": "00:14:15", "text": "the expectation of higher prices. If"}, {"start": "00:14:13", "end": "00:14:18", "text": "your company has a goal of accumulating"}, {"start": "00:14:15", "end": "00:14:21", "text": "X amount of Bitcoin and you are hearing"}, {"start": "00:14:18", "end": "00:14:25", "text": "that Bitcoin's price might"}, {"start": "00:14:21", "end": "00:14:27", "text": "do a 5x in price over the course of the"}, {"start": "00:14:25", "end": "00:14:31", "text": "next three years, you're going to start"}, {"start": "00:14:27", "end": "00:14:35", "text": "ramping up your purchases. Uh Strive now"}, {"start": "00:14:31", "end": "00:14:35", "text": "has 24,000"}, {"start": "00:14:35", "end": "00:14:40", "text": "531"}, {"start": "00:14:37", "end": "00:14:43", "text": "Bitcoin for reference. That's another"}, {"start": "00:14:40", "end": "00:14:43", "text": "24,000"}, {"start": "00:14:44", "end": "00:14:49", "text": "530"}, {"start": "00:14:46", "end": "00:14:52", "text": "millionaires and billionaires on the"}, {"start": "00:14:49", "end": "00:14:54", "text": "planet who will never have an entire"}, {"start": "00:14:52", "end": "00:14:58", "text": "coin"}, {"start": "00:14:54", "end": "00:15:02", "text": "ever. If Bitcoin does indeed become the"}, {"start": "00:14:58", "end": "00:15:05", "text": "mega world ultra currency in 20 30"}, {"start": "00:15:02", "end": "00:15:08", "text": "whatever something years, there are"}, {"start": "00:15:05", "end": "00:15:11", "text": "going to be tons of millionaires uh who"}, {"start": "00:15:08", "end": "00:15:13", "text": "only have like Satoshi's. They will"}, {"start": "00:15:11", "end": "00:15:17", "text": "never"}, {"start": "00:15:13", "end": "00:15:19", "text": "ever be able to own an entire coin."}, {"start": "00:15:17", "end": "00:15:21", "text": "Fascinating. That's where that we and we"}, {"start": "00:15:19", "end": "00:15:26", "text": "still don't have an update. Uh there's"}, {"start": "00:15:21", "end": "00:15:28", "text": "been no updates at all of the uh 0.28"}, {"start": "00:15:26", "end": "00:15:30", "text": "Bitcoin,"}, {"start": "00:15:28", "end": "00:15:32", "text": "nothing. So we have no idea how much or"}, {"start": "00:15:30", "end": "00:15:35", "text": "how little"}, {"start": "00:15:32", "end": "00:15:41", "text": "Bitcoin you need to have to be in the"}, {"start": "00:15:35", "end": "00:15:43", "text": "top 1%. Back in 2018, it was 0.28."}, {"start": "00:15:41", "end": "00:15:46", "text": "If you had just a smidge above a quarter"}, {"start": "00:15:43", "end": "00:15:51", "text": "of a Bitcoin, you were in the top 1%. I"}, {"start": "00:15:46", "end": "00:15:54", "text": "assume that number is like 0.05. 05."}, {"start": "00:15:51", "end": "00:15:58", "text": "Like realistically,"}, {"start": "00:15:54", "end": "00:16:01", "text": "keep in mind in the last decade, we've"}, {"start": "00:15:58", "end": "00:16:05", "text": "seen about four to five million Bitcoin."}, {"start": "00:16:01", "end": "00:16:09", "text": "Last decade, four to if not more, four"}, {"start": "00:16:05", "end": "00:16:11", "text": "to five million Bitcoin plus enter the"}, {"start": "00:16:09", "end": "00:16:14", "text": "hands of governments, institutions,"}, {"start": "00:16:11", "end": "00:16:18", "text": "companies, and banks."}, {"start": "00:16:14", "end": "00:16:21", "text": "So, I assume if you have 0.05 05"}, {"start": "00:16:18", "end": "00:16:23", "text": "Bitcoin, you are probably in the top 1%"}, {"start": "00:16:21", "end": "00:16:26", "text": "of holders"}, {"start": "00:16:23", "end": "00:16:27", "text": "everywhere on the planet."}, {"start": "00:16:26", "end": "00:16:32", "text": "Something to think about. Just, you"}, {"start": "00:16:27", "end": "00:16:35", "text": "know, throw in some logic your way."}, {"start": "00:16:32", "end": "00:16:39", "text": "That's the Strive has purchased more"}, {"start": "00:16:35", "end": "00:16:42", "text": "Bitcoin news. And yeah,"}, {"start": "00:16:39", "end": "00:16:45", "text": "let's move on."}, {"start": "00:16:42", "end": "00:16:48", "text": "I saw almost no one talking about this,"}, {"start": "00:16:45", "end": "00:16:50", "text": "which I personally find"}, {"start": "00:16:48", "end": "00:16:52", "text": "special. It's actually the only word"}, {"start": "00:16:50", "end": "00:16:54", "text": "that I can use just because of how"}, {"start": "00:16:52", "end": "00:16:58", "text": "ridiculous this actually is. If you"}, {"start": "00:16:54", "end": "00:17:00", "text": "didn't see last year,"}, {"start": "00:16:58", "end": "00:17:04", "text": "there was something in the news"}, {"start": "00:17:00", "end": "00:17:07", "text": "regarding the idea of being able to use"}, {"start": "00:17:04", "end": "00:17:09", "text": "Bitcoin as collateral for debt. So there"}, {"start": "00:17:07", "end": "00:17:13", "text": "are many places that already run like"}, {"start": "00:17:09", "end": "00:17:15", "text": "Bitcoin debt services where and it's not"}, {"start": "00:17:13", "end": "00:17:17", "text": "as popular anymore where you can like"}, {"start": "00:17:15", "end": "00:17:20", "text": "lend out your Bitcoin and then you make"}, {"start": "00:17:17", "end": "00:17:22", "text": "a return on it. That transformed for"}, {"start": "00:17:20", "end": "00:17:25", "text": "some reason at the end of last year into"}, {"start": "00:17:22", "end": "00:17:28", "text": "this idea of being able to use your"}, {"start": "00:17:25", "end": "00:17:31", "text": "Bitcoin slashcrypto"}, {"start": "00:17:28", "end": "00:17:34", "text": "for a mortgage. So for instance, you go"}, {"start": "00:17:31", "end": "00:17:36", "text": "to the bank and say, \"Hey bro, I want to"}, {"start": "00:17:34", "end": "00:17:38", "text": "buy a home.\" home and they go, \"You got"}, {"start": "00:17:36", "end": "00:17:39", "text": "any monies?\" And you're like, \"Yeah, the"}, {"start": "00:17:38", "end": "00:17:41", "text": "money is right there.\" And they go,"}, {"start": "00:17:39", "end": "00:17:45", "text": "\"Awesome. That's really cool.\" And then"}, {"start": "00:17:41", "end": "00:17:48", "text": "you get the mortgage. Uh now, uh because"}, {"start": "00:17:45", "end": "00:17:53", "text": "of Coinbase and a Fanny May in the"}, {"start": "00:17:48", "end": "00:17:57", "text": "United States, you can now use Bitcoin."}, {"start": "00:17:53", "end": "00:18:00", "text": "I feel like people don't understand the"}, {"start": "00:17:57", "end": "00:18:02", "text": "actual And I know many of you I I get"}, {"start": "00:18:00", "end": "00:18:04", "text": "it. I know, calm down. I know many of"}, {"start": "00:18:02", "end": "00:18:08", "text": "you probably understand, but I think the"}, {"start": "00:18:04", "end": "00:18:11", "text": "masses don't understand what it means to"}, {"start": "00:18:08", "end": "00:18:13", "text": "have something like this happening. I"}, {"start": "00:18:11", "end": "00:18:17", "text": "also don't know why"}, {"start": "00:18:13", "end": "00:18:20", "text": "people overreact for everything."}, {"start": "00:18:17", "end": "00:18:23", "text": "Like a potato chip will like fall on the"}, {"start": "00:18:20", "end": "00:18:25", "text": "ground and people will like panic like"}, {"start": "00:18:23", "end": "00:18:27", "text": "they'll run back into their homes. I"}, {"start": "00:18:25", "end": "00:18:32", "text": "don't understand how this isn't making"}, {"start": "00:18:27", "end": "00:18:35", "text": "more news that we are actively seeing"}, {"start": "00:18:32", "end": "00:18:40", "text": "crypto take even a slice of the market"}, {"start": "00:18:35", "end": "00:18:44", "text": "share of the dollar and fiat currencies."}, {"start": "00:18:40", "end": "00:18:46", "text": "If you talk about the the inind"}, {"start": "00:18:44", "end": "00:18:50", "text": "redemptions for crypto ETFs, we've gone"}, {"start": "00:18:46", "end": "00:18:52", "text": "over this. You can now like"}, {"start": "00:18:50", "end": "00:18:54", "text": "not be paid out in dollars, but you're"}, {"start": "00:18:52", "end": "00:18:56", "text": "paid out as you cash out from the ETF"}, {"start": "00:18:54", "end": "00:18:58", "text": "like in crypto. That's quite"}, {"start": "00:18:56", "end": "00:19:00", "text": "significant. You're circumventing the"}, {"start": "00:18:58", "end": "00:19:04", "text": "usage of the US dollar."}, {"start": "00:19:00", "end": "00:19:06", "text": "The idea of like stable coins rising."}, {"start": "00:19:04", "end": "00:19:08", "text": "Stable coins are mimic of the US dollar,"}, {"start": "00:19:06", "end": "00:19:12", "text": "but they're not the US dollar. And then"}, {"start": "00:19:08", "end": "00:19:14", "text": "these things go on to our chains and"}, {"start": "00:19:12", "end": "00:19:16", "text": "they like strengthen and have more real"}, {"start": "00:19:14", "end": "00:19:21", "text": "world value as we see people literally"}, {"start": "00:19:16", "end": "00:19:25", "text": "using less dollars and paper currencies,"}, {"start": "00:19:21", "end": "00:19:28", "text": "choosing to use crypto or digital forms"}, {"start": "00:19:25", "end": "00:19:29", "text": "of money more and more every day. When"}, {"start": "00:19:28", "end": "00:19:32", "text": "you talk about I told you this last"}, {"start": "00:19:29", "end": "00:19:36", "text": "year,"}, {"start": "00:19:32", "end": "00:19:38", "text": "you've only ever been able to use"}, {"start": "00:19:36", "end": "00:19:40", "text": "your dollars"}, {"start": "00:19:38", "end": "00:19:43", "text": "as"}, {"start": "00:19:40", "end": "00:19:45", "text": "like your down payment for a home within"}, {"start": "00:19:43", "end": "00:19:49", "text": "the United States. The US dollar is like"}, {"start": "00:19:45", "end": "00:19:51", "text": "the US dollar is the US dollar."}, {"start": "00:19:49", "end": "00:19:53", "text": "the idea of being able to get a mortgage"}, {"start": "00:19:51", "end": "00:19:56", "text": "for a home using crypto."}, {"start": "00:19:53", "end": "00:19:59", "text": "You've circumvented"}, {"start": "00:19:56", "end": "00:20:02", "text": "the US dollar."}, {"start": "00:19:59", "end": "00:20:06", "text": "So, what I mean is I I I always expect"}, {"start": "00:20:02", "end": "00:20:10", "text": "more of a reaction from people regarding"}, {"start": "00:20:06", "end": "00:20:13", "text": "this idea of like, yeah, crypto's"}, {"start": "00:20:10", "end": "00:20:17", "text": "kind of taking over everything. And if"}, {"start": "00:20:13", "end": "00:20:19", "text": "this is the trend from the last 11"}, {"start": "00:20:17", "end": "00:20:22", "text": "months,"}, {"start": "00:20:19", "end": "00:20:23", "text": "where are we in 10 years?"}, {"start": "00:20:22", "end": "00:20:25", "text": "We know that we're expecting higher"}, {"start": "00:20:23", "end": "00:20:28", "text": "Bitcoin prices. Ethereum's to the moon"}, {"start": "00:20:25", "end": "00:20:30", "text": "and XRP is 900 bajillion dollars per"}, {"start": "00:20:28", "end": "00:20:32", "text": "coin."}, {"start": "00:20:30", "end": "00:20:35", "text": "Are we still talking about the dollar?"}, {"start": "00:20:32", "end": "00:20:38", "text": "Are people still investing in gold?"}, {"start": "00:20:35", "end": "00:20:40", "text": "Like, have we just It's very important"}, {"start": "00:20:38", "end": "00:20:43", "text": "to think about. Uh no one was talking"}, {"start": "00:20:40", "end": "00:20:47", "text": "about this. Nope. completely uh flown"}, {"start": "00:20:43", "end": "00:20:51", "text": "over. Uh so Coinbase has apparently"}, {"start": "00:20:47", "end": "00:20:54", "text": "officially opened uh their their Bitcoin"}, {"start": "00:20:51", "end": "00:20:54", "text": "uh mortgages."}, {"start": "00:20:54", "end": "00:21:00", "text": "It says tokenbacked mortgage reaches"}, {"start": "00:20:58", "end": "00:21:03", "text": "general availability."}, {"start": "00:21:00", "end": "00:21:06", "text": "It says, and I quote, \"These first of"}, {"start": "00:21:03", "end": "00:21:08", "text": "its kind mortgages will be originated"}, {"start": "00:21:06", "end": "00:21:10", "text": "and serviced by the company called"}, {"start": "00:21:08", "end": "00:21:14", "text": "Better.\" Terrible name for a company."}, {"start": "00:21:10", "end": "00:21:18", "text": "Like if so many times like you if I type"}, {"start": "00:21:14", "end": "00:21:20", "text": "in better like better company"}, {"start": "00:21:18", "end": "00:21:22", "text": "like how am I supposed to find you? What"}, {"start": "00:21:20", "end": "00:21:26", "text": "there's so many words in English. Why"}, {"start": "00:21:22", "end": "00:21:29", "text": "are you choosing like bread"}, {"start": "00:21:26", "end": "00:21:31", "text": "water? Like your company's called water."}, {"start": "00:21:29", "end": "00:21:35", "text": "Like how the how am I supposed to find"}, {"start": "00:21:31", "end": "00:21:37", "text": "you? Serviced by the company better and"}, {"start": "00:21:35", "end": "00:21:40", "text": "powered by Coinbase and designed in"}, {"start": "00:21:37", "end": "00:21:44", "text": "accordance with guidelines from Fanny"}, {"start": "00:21:40", "end": "00:21:47", "text": "May making it the first lean a standard"}, {"start": "00:21:44", "end": "00:21:51", "text": "conforming mortgage."}, {"start": "00:21:47", "end": "00:21:54", "text": "They said weight list data also revealed"}, {"start": "00:21:51", "end": "00:21:58", "text": "over $260"}, {"start": "00:21:54", "end": "00:22:01", "text": "million in projected loan volume. This"}, {"start": "00:21:58", "end": "00:22:05", "text": "is before general availability."}, {"start": "00:22:01", "end": "00:22:08", "text": "better and Coinbase are now scaling that"}, {"start": "00:22:05", "end": "00:22:12", "text": "early success, bringing traditional"}, {"start": "00:22:08", "end": "00:22:15", "text": "mortgage and Hel offerings to Coinbase's"}, {"start": "00:22:12", "end": "00:22:17", "text": "broader membership."}, {"start": "00:22:15", "end": "00:22:20", "text": "That's now"}, {"start": "00:22:17", "end": "00:22:23", "text": "they got a quarter of a billion dollars"}, {"start": "00:22:20", "end": "00:22:26", "text": "in projected loan volume before it"}, {"start": "00:22:23", "end": "00:22:28", "text": "reached the masses."}, {"start": "00:22:26", "end": "00:22:31", "text": "My friend, what happens if Bitcoin goes"}, {"start": "00:22:28", "end": "00:22:33", "text": "up to $740,000"}, {"start": "00:22:31", "end": "00:22:35", "text": "per coin?"}, {"start": "00:22:33", "end": "00:22:37", "text": "You know how many more people are going"}, {"start": "00:22:35", "end": "00:22:40", "text": "to get mortgages based off of like the"}, {"start": "00:22:37", "end": "00:22:42", "text": "higher crypto prices go,"}, {"start": "00:22:40", "end": "00:22:46", "text": "the more people are going to be using"}, {"start": "00:22:42", "end": "00:22:49", "text": "this? This literally puts people who are"}, {"start": "00:22:46", "end": "00:22:52", "text": "holding crypto. You bought crypto a"}, {"start": "00:22:49", "end": "00:22:54", "text": "couple of years ago. Crypto prices go"}, {"start": "00:22:52", "end": "00:22:56", "text": "up. You reach the front of the line of"}, {"start": "00:22:54", "end": "00:22:59", "text": "people who are able to get their own"}, {"start": "00:22:56", "end": "00:23:02", "text": "home."}, {"start": "00:22:59", "end": "00:23:04", "text": "All because, and I say this nicely, all"}, {"start": "00:23:02", "end": "00:23:08", "text": "because you invested."}, {"start": "00:23:04", "end": "00:23:10", "text": "All because you freaking invested in"}, {"start": "00:23:08", "end": "00:23:13", "text": "crypto. I keep saying all the time,"}, {"start": "00:23:10", "end": "00:23:16", "text": "don't forget to invest. It leads to"}, {"start": "00:23:13", "end": "00:23:19", "text": "greater things."}, {"start": "00:23:16", "end": "00:23:21", "text": "By the time we I say it again, by the"}, {"start": "00:23:19", "end": "00:23:23", "text": "time we get to a million-dollar Bitcoin,"}, {"start": "00:23:21", "end": "00:23:25", "text": "I know tons of people who aren't in"}, {"start": "00:23:23", "end": "00:23:27", "text": "crypto are going to be really mad. I"}, {"start": "00:23:25", "end": "00:23:30", "text": "don't know how this news doesn't enter"}, {"start": "00:23:27", "end": "00:23:30", "text": "the public."}, {"start": "00:23:30", "end": "00:23:35", "text": "You are going to Oh, you want to hear"}, {"start": "00:23:33", "end": "00:23:37", "text": "something even crazier? This is last"}, {"start": "00:23:35", "end": "00:23:40", "text": "thought and then we'll move on. So,"}, {"start": "00:23:37", "end": "00:23:44", "text": "Coinbase and Fanny May are currently I"}, {"start": "00:23:40", "end": "00:23:47", "text": "believe I believe starting with Bitcoin"}, {"start": "00:23:44", "end": "00:23:49", "text": "and Tether if I remember correctly and"}, {"start": "00:23:47", "end": "00:23:53", "text": "maybe maybe Circle Coin because it's"}, {"start": "00:23:49", "end": "00:23:55", "text": "created by Coinbase. Okay, awesome."}, {"start": "00:23:53", "end": "00:23:58", "text": "When you're able to"}, {"start": "00:23:55", "end": "00:24:00", "text": "stake, so in the future they will add"}, {"start": "00:23:58", "end": "00:24:02", "text": "Ethereum, they will add XRP, they will"}, {"start": "00:24:00", "end": "00:24:04", "text": "add all the coins that have high market"}, {"start": "00:24:02", "end": "00:24:07", "text": "caps and huge amounts of liquidity."}, {"start": "00:24:04", "end": "00:24:11", "text": "Imagine in the future, and I'm talking"}, {"start": "00:24:07", "end": "00:24:14", "text": "about a good like five years away,"}, {"start": "00:24:11", "end": "00:24:20", "text": "$1.2 million Bitcoin, Ethereum's at"}, {"start": "00:24:14", "end": "00:24:22", "text": "100K, XRP is at $62 per coin."}, {"start": "00:24:20", "end": "00:24:24", "text": "Now, imagine you're staking all of those"}, {"start": "00:24:22", "end": "00:24:26", "text": "coins. And because you're staking them"}, {"start": "00:24:24", "end": "00:24:29", "text": "through Coinbase, Coinbase has a"}, {"start": "00:24:26", "end": "00:24:32", "text": "validated way to see that you are like"}, {"start": "00:24:29", "end": "00:24:34", "text": "actually making money from those coins."}, {"start": "00:24:32", "end": "00:24:36", "text": "In five years, they'll have a button"}, {"start": "00:24:34", "end": "00:24:38", "text": "looking for a mortgage. You'll click"}, {"start": "00:24:36", "end": "00:24:39", "text": "yes. And they go, \"Hey, okay, we're"}, {"start": "00:24:38", "end": "00:24:41", "text": "going to check your crypto holdings to"}, {"start": "00:24:39", "end": "00:24:44", "text": "see, you know, if you have enough for"}, {"start": "00:24:41", "end": "00:24:47", "text": "collateral. We see that the last two"}, {"start": "00:24:44", "end": "00:24:49", "text": "years you've been staking your coins."}, {"start": "00:24:47", "end": "00:24:51", "text": "You you're receiving about a good 2 to"}, {"start": "00:24:49", "end": "00:24:52", "text": "3,000 per month in passive income from"}, {"start": "00:24:51", "end": "00:24:55", "text": "the coins that you're staking through"}, {"start": "00:24:52", "end": "00:24:57", "text": "Coinbase. Would you like to use this to"}, {"start": "00:24:55", "end": "00:25:00", "text": "be able to pay your mortgage every"}, {"start": "00:24:57", "end": "00:25:04", "text": "single month?\" Click yes."}, {"start": "00:25:00", "end": "00:25:07", "text": "You not only not have you you you have a"}, {"start": "00:25:04", "end": "00:25:10", "text": "mortgage for a home as more and more"}, {"start": "00:25:07", "end": "00:25:14", "text": "people get pushed out of home ownership,"}, {"start": "00:25:10", "end": "00:25:19", "text": "you're also your passive income is"}, {"start": "00:25:14", "end": "00:25:19", "text": "literally paying for your mortgage."}, {"start": "00:25:22", "end": "00:25:29", "text": "Anyway,"}, {"start": "00:25:24", "end": "00:25:32", "text": "um this was not everywhere news. a"}, {"start": "00:25:29", "end": "00:25:35", "text": "little disappointed just because I"}, {"start": "00:25:32", "end": "00:25:38", "text": "expect people to understand the actual"}, {"start": "00:25:35", "end": "00:25:42", "text": "uh power of what this all means and"}, {"start": "00:25:38", "end": "00:25:43", "text": "who's going to benefit the most. Um I"}, {"start": "00:25:42", "end": "00:25:46", "text": "applaud"}, {"start": "00:25:43", "end": "00:25:48", "text": "any of you who are in the crypto market"}, {"start": "00:25:46", "end": "00:25:50", "text": "and have especially been here for a"}, {"start": "00:25:48", "end": "00:25:53", "text": "while who continue to dollar cost"}, {"start": "00:25:50", "end": "00:25:55", "text": "average and uh pay attention to all the"}, {"start": "00:25:53", "end": "00:25:57", "text": "insanity that we keep getting every"}, {"start": "00:25:55", "end": "00:26:00", "text": "single day in the United States of"}, {"start": "00:25:57", "end": "00:26:03", "text": "America. You are no longer required to"}, {"start": "00:26:00", "end": "00:26:07", "text": "just use the US dollar"}, {"start": "00:26:03", "end": "00:26:10", "text": "for a mortgage to buy a home."}, {"start": "00:26:07", "end": "00:26:13", "text": "You can now use crypto."}, {"start": "00:26:10", "end": "00:26:15", "text": "And as it opens up to more coins, I"}, {"start": "00:26:13", "end": "00:26:18", "text": "still assume more people won't be paying"}, {"start": "00:26:15", "end": "00:26:20", "text": "attention to it. But um I've had a"}, {"start": "00:26:18", "end": "00:26:22", "text": "theory for a while and it goes a little"}, {"start": "00:26:20", "end": "00:26:24", "text": "something like this. Uh those who invest"}, {"start": "00:26:22", "end": "00:26:26", "text": "will be better off in the future. I know"}, {"start": "00:26:24", "end": "00:26:28", "text": "we I [laughter]"}, {"start": "00:26:26", "end": "00:26:30", "text": "it's still a work in progress. I haven't"}, {"start": "00:26:28", "end": "00:26:32", "text": "really like, you know, smoothed it out"}, {"start": "00:26:30", "end": "00:26:35", "text": "yet. Um, but we're entering a world"}, {"start": "00:26:32", "end": "00:26:36", "text": "where crypto takes over everything,"}, {"start": "00:26:35", "end": "00:26:38", "text": "where because of crypto, you're no"}, {"start": "00:26:36", "end": "00:26:39", "text": "longer going to have to work in the"}, {"start": "00:26:38", "end": "00:26:42", "text": "future, where you're going to be able to"}, {"start": "00:26:39", "end": "00:26:45", "text": "like buy a home"}, {"start": "00:26:42", "end": "00:26:49", "text": "and move into it because of the crypto"}, {"start": "00:26:45", "end": "00:26:50", "text": "that you purchased before."}, {"start": "00:26:49", "end": "00:26:53", "text": "I don't know how many people are"}, {"start": "00:26:50", "end": "00:26:54", "text": "catching on to this, especially as we"}, {"start": "00:26:53", "end": "00:26:57", "text": "keep hearing about countries and"}, {"start": "00:26:54", "end": "00:27:01", "text": "governments and central banks actively"}, {"start": "00:26:57", "end": "00:27:04", "text": "accumulating cryptocurrencies."}, {"start": "00:27:01", "end": "00:27:06", "text": "So, yeah. Yeah. Yeah. Yeah. Yeah. Yeah."}, {"start": "00:27:04", "end": "00:27:09", "text": "Yeah. Yeah. Yeah. Well, I mean, I think"}, {"start": "00:27:06", "end": "00:27:11", "text": "most of my friends, uh, I think they get"}, {"start": "00:27:09", "end": "00:27:13", "text": "it. I think I've done my best in the"}, {"start": "00:27:11", "end": "00:27:15", "text": "last couple of years to try to get them"}, {"start": "00:27:13", "end": "00:27:18", "text": "to understand, but I'm on this never-"}, {"start": "00:27:15", "end": "00:27:21", "text": "ending crusade to try and make people"}, {"start": "00:27:18", "end": "00:27:24", "text": "How don't people get it? Even even from"}, {"start": "00:27:21", "end": "00:27:25", "text": "the first time that we heard Black"}, {"start": "00:27:24", "end": "00:27:29", "text": "Rockck was in this I mean this was like"}, {"start": "00:27:25", "end": "00:27:33", "text": "2018. I was like what what are you"}, {"start": "00:27:29", "end": "00:27:35", "text": "talking about? Confirmation in 2024."}, {"start": "00:27:33", "end": "00:27:39", "text": "You know the amount of and this isn't"}, {"start": "00:27:35", "end": "00:27:42", "text": "judging but it's okay. the amount of"}, {"start": "00:27:39", "end": "00:27:45", "text": "videos when I scroll on YouTube, like"}, {"start": "00:27:42", "end": "00:27:48", "text": "like it shows you random recommendations"}, {"start": "00:27:45", "end": "00:27:52", "text": "about like the best thrift shops to go"}, {"start": "00:27:48", "end": "00:27:55", "text": "to in New York, how to buy Louis"}, {"start": "00:27:52", "end": "00:27:58", "text": "Vuitton, you know, discounted and not at"}, {"start": "00:27:55", "end": "00:28:01", "text": "at full price, like how to get and I'm"}, {"start": "00:27:58", "end": "00:28:04", "text": "like, you people are wasting all of your"}, {"start": "00:28:01", "end": "00:28:07", "text": "money. And and and the odd contrast is"}, {"start": "00:28:04", "end": "00:28:11", "text": "those videos, if I scroll down a little"}, {"start": "00:28:07", "end": "00:28:13", "text": "bit more, those are contrasted by these"}, {"start": "00:28:11", "end": "00:28:17", "text": "other videos of young people, and I say"}, {"start": "00:28:13", "end": "00:28:21", "text": "young in their early 20s, really early"}, {"start": "00:28:17", "end": "00:28:23", "text": "30s being like, I can't afford anything."}, {"start": "00:28:21", "end": "00:28:25", "text": "You know, I'm a h 100,000 in credit card"}, {"start": "00:28:23", "end": "00:28:27", "text": "debt because I wanted to buy a bunch of"}, {"start": "00:28:25", "end": "00:28:29", "text": "cool stuff. I don't know why I'm so in"}, {"start": "00:28:27", "end": "00:28:31", "text": "debt. Why can't I afford anything?"}, {"start": "00:28:29", "end": "00:28:32", "text": "There's a difference between not being"}, {"start": "00:28:31", "end": "00:28:34", "text": "able to afford something because the"}, {"start": "00:28:32", "end": "00:28:36", "text": "cost of living continues going up and"}, {"start": "00:28:34", "end": "00:28:39", "text": "you have no like you're not the"}, {"start": "00:28:36", "end": "00:28:41", "text": "government you like you can't control"}, {"start": "00:28:39", "end": "00:28:44", "text": "inflation etc etc. But there's another"}, {"start": "00:28:41", "end": "00:28:47", "text": "thing to kind of like live your life and"}, {"start": "00:28:44", "end": "00:28:50", "text": "like in your 20s in this really carefree"}, {"start": "00:28:47", "end": "00:28:54", "text": "way where you just your 20s and your 30s"}, {"start": "00:28:50", "end": "00:28:56", "text": "and your 40s and your 50s and your 60s"}, {"start": "00:28:54", "end": "00:28:59", "text": "thinking that like you just won't have"}, {"start": "00:28:56", "end": "00:29:03", "text": "to save money."}, {"start": "00:28:59", "end": "00:29:06", "text": "I I I I I find it very perplexing. So,"}, {"start": "00:29:03", "end": "00:29:08", "text": "um I commend all of you who save, who"}, {"start": "00:29:06", "end": "00:29:11", "text": "invest, who put money away, who think"}, {"start": "00:29:08", "end": "00:29:13", "text": "about the future, uh who, you know, put"}, {"start": "00:29:11", "end": "00:29:15", "text": "money away for your kids or who, you"}, {"start": "00:29:13", "end": "00:29:16", "text": "know, you you open up like another"}, {"start": "00:29:15", "end": "00:29:19", "text": "account just for them so that you're"}, {"start": "00:29:16", "end": "00:29:22", "text": "putting something to the side because"}, {"start": "00:29:19", "end": "00:29:26", "text": "apparently tons of people aren't. I hate"}, {"start": "00:29:22", "end": "00:29:28", "text": "I hate hearing people in these videos"}, {"start": "00:29:26", "end": "00:29:31", "text": "being like,"}, {"start": "00:29:28", "end": "00:29:33", "text": "I know that I messed up like 15 20 years"}, {"start": "00:29:31", "end": "00:29:35", "text": "ago financially, but it's not fair. Why"}, {"start": "00:29:33", "end": "00:29:39", "text": "can't someone take care of me? Why isn't"}, {"start": "00:29:35", "end": "00:29:41", "text": "the government doing something? And it's"}, {"start": "00:29:39", "end": "00:29:44", "text": "and then even then even then this last"}, {"start": "00:29:41", "end": "00:29:47", "text": "thought last thought even then I'm like"}, {"start": "00:29:44", "end": "00:29:49", "text": "well you have the chance now"}, {"start": "00:29:47", "end": "00:29:52", "text": "like person sitting in the car making"}, {"start": "00:29:49", "end": "00:29:56", "text": "this video you're you're you're 43"}, {"start": "00:29:52", "end": "00:29:57", "text": "you're not 67."}, {"start": "00:29:56", "end": "00:29:59", "text": "You still have time but that never comes"}, {"start": "00:29:57", "end": "00:30:01", "text": "up in the discussion. It's never like"}, {"start": "00:29:59", "end": "00:30:03", "text": "well I messed up before. Let me start"}, {"start": "00:30:01", "end": "00:30:05", "text": "saving and selling things that I don't"}, {"start": "00:30:03", "end": "00:30:08", "text": "need now. It's always just kind of like"}, {"start": "00:30:05", "end": "00:30:10", "text": "how do I how do I get ahead?"}, {"start": "00:30:08", "end": "00:30:12", "text": "Well, you sell all the garbage that you"}, {"start": "00:30:10", "end": "00:30:15", "text": "have. You must have seen some of these"}, {"start": "00:30:12", "end": "00:30:17", "text": "videos. Even like these these TV shows,"}, {"start": "00:30:15", "end": "00:30:18", "text": "not hoarders, but there are certain TV"}, {"start": "00:30:17", "end": "00:30:21", "text": "shows where they show people who like"}, {"start": "00:30:18", "end": "00:30:22", "text": "are in debt. So, they're all on YouTube"}, {"start": "00:30:21", "end": "00:30:24", "text": "now. They show people who are in debt,"}, {"start": "00:30:22", "end": "00:30:26", "text": "but they have like shopping addictions"}, {"start": "00:30:24", "end": "00:30:27", "text": "or like something similar to that. They"}, {"start": "00:30:26", "end": "00:30:30", "text": "they keep buying stuff. [snorts] And"}, {"start": "00:30:27", "end": "00:30:31", "text": "then the person on the show, they"}, {"start": "00:30:30", "end": "00:30:33", "text": "present them like with the numbers and"}, {"start": "00:30:31", "end": "00:30:34", "text": "they're like, \"You got to stop. you have"}, {"start": "00:30:33", "end": "00:30:37", "text": "all this stuff in your and I mean the"}, {"start": "00:30:34", "end": "00:30:39", "text": "closets are full. They they they use"}, {"start": "00:30:37", "end": "00:30:41", "text": "another bedroom that they have as like a"}, {"start": "00:30:39", "end": "00:30:43", "text": "whole another closet and the person's"}, {"start": "00:30:41", "end": "00:30:46", "text": "like if you just sell these shoes and"}, {"start": "00:30:43", "end": "00:30:48", "text": "these bags and these hats and the extra"}, {"start": "00:30:46", "end": "00:30:50", "text": "car like you will be fine. We can put"}, {"start": "00:30:48", "end": "00:30:51", "text": "you on a savings plan and then sometimes"}, {"start": "00:30:50", "end": "00:30:53", "text": "by the end the person's like I don't"}, {"start": "00:30:51", "end": "00:30:55", "text": "want to do that."}, {"start": "00:30:53", "end": "00:30:57", "text": "I have I have no I have no desire to"}, {"start": "00:30:55", "end": "00:30:59", "text": "like what are you talking about? But"}, {"start": "00:30:57", "end": "00:31:02", "text": "like what do you mean I can't I can't"}, {"start": "00:30:59", "end": "00:31:02", "text": "buy more stuff?"}, {"start": "00:31:03", "end": "00:31:09", "text": "So uh always remember how early you are"}, {"start": "00:31:06", "end": "00:31:12", "text": "in the market and how lucky you are to"}, {"start": "00:31:09", "end": "00:31:16", "text": "have this opportunity uh laned before"}, {"start": "00:31:12", "end": "00:31:19", "text": "you. I do sincerely hope that you're all"}, {"start": "00:31:16", "end": "00:31:22", "text": "doing well. I do sincerely hope that"}, {"start": "00:31:19", "end": "00:31:25", "text": "you're all having a great day. More I"}, {"start": "00:31:22", "end": "00:31:28", "text": "almost said mortgage. I'm not even"}, {"start": "00:31:25", "end": "00:31:29", "text": "joking. Uh great day, great morning,"}, {"start": "00:31:28", "end": "00:31:31", "text": "great afternoon, great evening wherever"}, {"start": "00:31:29", "end": "00:31:33", "text": "you are, wherever you might be. I do"}, {"start": "00:31:31", "end": "00:31:36", "text": "hope is absolutely fantastic. Thank you"}, {"start": "00:31:33", "end": "00:31:39", "text": "all once again for watching, listening,"}, {"start": "00:31:36", "end": "00:31:43", "text": "liking, commenting, and supporting. And"}, {"start": "00:31:39", "end": "00:31:47", "text": "I will most certainly be talking to you"}, {"start": "00:31:43", "end": "00:31:47", "text": "all soon."}, {"start": "00:31:47", "end": "00:31:50", "text": "See you."}]

[{"start": "00:00:02", "end": "00:00:09", "text": "Hello everybody."}, {"start": "00:00:05", "end": "00:00:12", "text": "Welcome back for another video."}, {"start": "00:00:09", "end": "00:00:16", "text": "Hope you're all doing well. Hope you're"}, {"start": "00:00:12", "end": "00:00:19", "text": "all having a great day. Welcome back."}, {"start": "00:00:16", "end": "00:00:23", "text": "Very big thank you to Finley Bass,"}, {"start": "00:00:19", "end": "00:00:26", "text": "Gilboa Snake, Trent Jackson, Gypsy"}, {"start": "00:00:23", "end": "00:00:32", "text": "Queen, Alexander the Greek, Lyall"}, {"start": "00:00:26", "end": "00:00:34", "text": "Austin, FT Clown, and Livio C. Very big"}, {"start": "00:00:32", "end": "00:00:36", "text": "thank you to my Patreon supporters. For"}, {"start": "00:00:34", "end": "00:00:38", "text": "those of you looking to support the"}, {"start": "00:00:36", "end": "00:00:39", "text": "channel, there are links in the"}, {"start": "00:00:38", "end": "00:00:41", "text": "description"}, {"start": "00:00:39", "end": "00:00:44", "text": "below. Why did I take a breath like"}, {"start": "00:00:41", "end": "00:00:46", "text": "that? Below."}, {"start": "00:00:44", "end": "00:00:49", "text": "My nose is a bit stuffed, so I I I kind"}, {"start": "00:00:46", "end": "00:00:52", "text": "of have an excuse, but not really. Uh,"}, {"start": "00:00:49", "end": "00:00:56", "text": "without any further ado, uh, let's jump"}, {"start": "00:00:52", "end": "00:00:59", "text": "right into it. Welcome back to another,"}, {"start": "00:00:56", "end": "00:01:02", "text": "uh, what the fudge is about to happen to"}, {"start": "00:00:59", "end": "00:01:06", "text": "the cryptocurrency market. The last few"}, {"start": "00:01:02", "end": "00:01:08", "text": "days, the news has been So, wait, so the"}, {"start": "00:01:06", "end": "00:01:13", "text": "news is good. Let me throw that out"}, {"start": "00:01:08", "end": "00:01:14", "text": "there. But it's also been like intensely"}, {"start": "00:01:13", "end": "00:01:19", "text": "good."}, {"start": "00:01:14", "end": "00:01:27", "text": "question mark. Uh fears right now are"}, {"start": "00:01:19", "end": "00:01:30", "text": "that uh the US debt levels are so terra"}, {"start": "00:01:27", "end": "00:01:33", "text": "that they're going to potentially force"}, {"start": "00:01:30", "end": "00:01:37", "text": "the Federal Reserve to actually raise"}, {"start": "00:01:33", "end": "00:01:41", "text": "interest rates. Um that is then also"}, {"start": "00:01:37", "end": "00:01:42", "text": "causing a lot of shock in world markets."}, {"start": "00:01:41", "end": "00:01:46", "text": "Uh"}, {"start": "00:01:42", "end": "00:01:50", "text": "inflation also uh isn't isn't helping"}, {"start": "00:01:46", "end": "00:01:52", "text": "there. Uh the Japanese economy is also"}, {"start": "00:01:50", "end": "00:01:57", "text": "weighing down on the world because the"}, {"start": "00:01:52", "end": "00:02:01", "text": "free money isn't there anymore. Um, if"}, {"start": "00:01:57", "end": "00:02:06", "text": "the Fed raises interest rates, it it is"}, {"start": "00:02:01", "end": "00:02:09", "text": "expected to cause a lot of fear in the"}, {"start": "00:02:06", "end": "00:02:10", "text": "stock market for potential other future"}, {"start": "00:02:09", "end": "00:02:13", "text": "raises"}, {"start": "00:02:10", "end": "00:02:16", "text": "because the news that we're getting, and"}, {"start": "00:02:13", "end": "00:02:21", "text": "this is no longer really speculation,"}, {"start": "00:02:16", "end": "00:02:23", "text": "this is like real life elation. Um,"}, {"start": "00:02:21", "end": "00:02:26", "text": "inflation's going to continue to be"}, {"start": "00:02:23", "end": "00:02:29", "text": "really bad. And the only tool that"}, {"start": "00:02:26", "end": "00:02:33", "text": "governments and the Federal Reserve have"}, {"start": "00:02:29", "end": "00:02:36", "text": "on their side is uh raising interest"}, {"start": "00:02:33", "end": "00:02:41", "text": "rates to try and cool inflation, which"}, {"start": "00:02:36", "end": "00:02:46", "text": "uh doesn't always work and has led to"}, {"start": "00:02:41", "end": "00:02:49", "text": "uh rough times uh before in the past."}, {"start": "00:02:46", "end": "00:02:52", "text": "However, in"}, {"start": "00:02:49", "end": "00:02:56", "text": "uh we are"}, {"start": "00:02:52", "end": "00:02:59", "text": "different news, the crypto market is"}, {"start": "00:02:56", "end": "00:03:02", "text": "still expecting higher prices across the"}, {"start": "00:02:59", "end": "00:03:04", "text": "board. Uh we're getting a lot of"}, {"start": "00:03:02", "end": "00:03:07", "text": "institutional buying news the last"}, {"start": "00:03:04", "end": "00:03:11", "text": "couple of days. A lot of uh I I I think"}, {"start": "00:03:07", "end": "00:03:15", "text": "it was like 3.6 billion"}, {"start": "00:03:11", "end": "00:03:19", "text": "3.6 6 billion worth of inflows just into"}, {"start": "00:03:15", "end": "00:03:21", "text": "like the Bitcoin ETF"}, {"start": "00:03:19", "end": "00:03:23", "text": "sector which is which is a lot of"}, {"start": "00:03:21", "end": "00:03:24", "text": "monies. I don't know if you if you"}, {"start": "00:03:23", "end": "00:03:27", "text": "realize that because I think it happened"}, {"start": "00:03:24", "end": "00:03:32", "text": "within like four or five days. Uh so"}, {"start": "00:03:27", "end": "00:03:34", "text": "there is some kind of a capital rotation"}, {"start": "00:03:32", "end": "00:03:36", "text": "that's taking place. uh we hear big"}, {"start": "00:03:34", "end": "00:03:38", "text": "numbers but we don't know the full"}, {"start": "00:03:36", "end": "00:03:42", "text": "extent because a lot of times we are"}, {"start": "00:03:38", "end": "00:03:45", "text": "hearing the money that has gone in into"}, {"start": "00:03:42", "end": "00:03:47", "text": "uh ETFs and we're also sometimes hearing"}, {"start": "00:03:45", "end": "00:03:48", "text": "the amount of money that has left"}, {"start": "00:03:47", "end": "00:03:50", "text": "cryptocurrency"}, {"start": "00:03:48", "end": "00:03:52", "text": "exchanges. Uh so we're not even getting"}, {"start": "00:03:50", "end": "00:03:55", "text": "like the full like buy orders that are"}, {"start": "00:03:52", "end": "00:03:58", "text": "happening over the place of a day,"}, {"start": "00:03:55", "end": "00:04:02", "text": "hours, multiple weeks for a lot of these"}, {"start": "00:03:58", "end": "00:04:05", "text": "coins. However, it would appear in"}, {"start": "00:04:02", "end": "00:04:09", "text": "typical fashion that uh while we hear of"}, {"start": "00:04:05", "end": "00:04:12", "text": "this economic chaos, uh these companies"}, {"start": "00:04:09", "end": "00:04:15", "text": "are not waiting. They're trying to get"}, {"start": "00:04:12", "end": "00:04:18", "text": "all the crypto that they want right now."}, {"start": "00:04:15", "end": "00:04:22", "text": "Uh because, you know, you can't really"}, {"start": "00:04:18", "end": "00:04:24", "text": "accumulate uh 210,000"}, {"start": "00:04:22", "end": "00:04:26", "text": "Bitcoin if the price goes higher. You"}, {"start": "00:04:24", "end": "00:04:29", "text": "know, it gets a lot"}, {"start": "00:04:26", "end": "00:04:30", "text": "gets a lot more expensive. In the news"}, {"start": "00:04:29", "end": "00:04:35", "text": "today,"}, {"start": "00:04:30", "end": "00:04:41", "text": "Bitine is of course back. Is anyone"}, {"start": "00:04:35", "end": "00:04:45", "text": "surprised? No. Bit mine adds 28,86"}, {"start": "00:04:41", "end": "00:04:48", "text": "Ethereum as their Ethereum treasury hits"}, {"start": "00:04:45", "end": "00:04:51", "text": "14.8"}, {"start": "00:04:48", "end": "00:04:55", "text": "billion US."}, {"start": "00:04:51", "end": "00:04:56", "text": "Bitmine now controls about 5.93 million"}, {"start": "00:04:55", "end": "00:05:00", "text": "Ethereum,"}, {"start": "00:04:56", "end": "00:05:02", "text": "worth about 14.8 billion,"}, {"start": "00:05:00", "end": "00:05:04", "text": "putting it within, please just get there"}, {"start": "00:05:02", "end": "00:05:07", "text": "for for the love of goodness, putting it"}, {"start": "00:05:04", "end": "00:05:10", "text": "within touching distance of its 5%"}, {"start": "00:05:07", "end": "00:05:13", "text": "Ethereum supply goal."}, {"start": "00:05:10", "end": "00:05:15", "text": "With most of that position staked, the"}, {"start": "00:05:13", "end": "00:05:17", "text": "company is turning its balance sheet"}, {"start": "00:05:15", "end": "00:05:20", "text": "into one of the biggest single bets on"}, {"start": "00:05:17", "end": "00:05:24", "text": "Ethereum anywhere in public markets. Tom"}, {"start": "00:05:20", "end": "00:05:26", "text": "Lee is one of the founders, runners of"}, {"start": "00:05:24", "end": "00:05:28", "text": "this company."}, {"start": "00:05:26", "end": "00:05:31", "text": "He"}, {"start": "00:05:28", "end": "00:05:35", "text": "is expecting along with many others, he"}, {"start": "00:05:31", "end": "00:05:39", "text": "is not alone. He's expecting a $6,000"}, {"start": "00:05:35", "end": "00:05:44", "text": "Ethereum sometime in December. Not"}, {"start": "00:05:39", "end": "00:05:46", "text": "December 2027, December 2026."}, {"start": "00:05:44", "end": "00:05:49", "text": "Does that year sound weird to anyone"}, {"start": "00:05:46", "end": "00:05:50", "text": "else? Every time I I think of the year"}, {"start": "00:05:49", "end": "00:05:52", "text": "2026,"}, {"start": "00:05:50", "end": "00:05:55", "text": "my mind is like, \"Wow, that's so far"}, {"start": "00:05:52", "end": "00:05:59", "text": "away.\" Re maybe I'm just I'm maybe I'm"}, {"start": "00:05:55", "end": "00:06:02", "text": "losing it. The last few months, my brain"}, {"start": "00:05:59", "end": "00:06:05", "text": "is kind of stuck on like 2014, 2015,"}, {"start": "00:06:02", "end": "00:06:08", "text": "2016. So when I think about the year"}, {"start": "00:06:05", "end": "00:06:11", "text": "2027, I'm like"}, {"start": "00:06:08", "end": "00:06:13", "text": "13 years away like that. Like what, you"}, {"start": "00:06:11", "end": "00:06:15", "text": "know, will we have flying cars? And I'm"}, {"start": "00:06:13", "end": "00:06:16", "text": "like, \"Oh, that's"}, {"start": "00:06:15", "end": "00:06:18", "text": "it's like a couple weeks away at this"}, {"start": "00:06:16", "end": "00:06:22", "text": "point.\" This year went really fast. This"}, {"start": "00:06:18", "end": "00:06:26", "text": "year went really insanely fast. Anyway,"}, {"start": "00:06:22", "end": "00:06:28", "text": "um so besides the 2027 price predictions"}, {"start": "00:06:26", "end": "00:06:31", "text": "as well, which are also hovering over"}, {"start": "00:06:28", "end": "00:06:34", "text": "us, um these companies, as you might"}, {"start": "00:06:31", "end": "00:06:36", "text": "have imagined, if you're expecting a"}, {"start": "00:06:34", "end": "00:06:39", "text": "22,000"}, {"start": "00:06:36", "end": "00:06:41", "text": "28,000 Ethereum, you're going to try and"}, {"start": "00:06:39", "end": "00:06:44", "text": "buy as much as humanly possible. They"}, {"start": "00:06:41", "end": "00:06:46", "text": "made headlines last year by announcing"}, {"start": "00:06:44", "end": "00:06:50", "text": "that they wanted 5%"}, {"start": "00:06:46", "end": "00:06:53", "text": "of all Ethereum that there is. They're"}, {"start": "00:06:50", "end": "00:06:55", "text": "and and they're like slow they're slowly"}, {"start": "00:06:53", "end": "00:06:57", "text": "getting there and it's so frustrating."}, {"start": "00:06:55", "end": "00:07:01", "text": "Like the other day we had news that they"}, {"start": "00:06:57", "end": "00:07:03", "text": "were it was like 4.6%."}, {"start": "00:07:01", "end": "00:07:08", "text": "4.71%."}, {"start": "00:07:03", "end": "00:07:10", "text": "4.8 4.83 4 And it's like can you I know"}, {"start": "00:07:08", "end": "00:07:12", "text": "you have the money. I know you have the"}, {"start": "00:07:10", "end": "00:07:14", "text": "freaking money. Can you please just go"}, {"start": "00:07:12", "end": "00:07:16", "text": "over 5% at this point? So hopefully in"}, {"start": "00:07:14", "end": "00:07:18", "text": "the next couple days they do it and then"}, {"start": "00:07:16", "end": "00:07:22", "text": "maybe we won't have to hear about Bit"}, {"start": "00:07:18", "end": "00:07:24", "text": "Mind as much anymore. But we all know"}, {"start": "00:07:22", "end": "00:07:27", "text": "we listen, we all know they're going to"}, {"start": "00:07:24", "end": "00:07:28", "text": "continue buying even after the 5%. You"}, {"start": "00:07:27", "end": "00:07:33", "text": "don't"}, {"start": "00:07:28", "end": "00:07:36", "text": "one does not leave money on the table."}, {"start": "00:07:33", "end": "00:07:37", "text": "If you if you figure out that every"}, {"start": "00:07:36", "end": "00:07:39", "text": "single"}, {"start": "00:07:37", "end": "00:07:41", "text": "$2,000"}, {"start": "00:07:39", "end": "00:07:45", "text": "$2,000"}, {"start": "00:07:41", "end": "00:07:48", "text": "that you spend in the eyes of Bitine"}, {"start": "00:07:45", "end": "00:07:51", "text": "would do a 50x."}, {"start": "00:07:48", "end": "00:07:53", "text": "Yeah. They're expecting a $100,000"}, {"start": "00:07:51", "end": "00:07:55", "text": "Ethereum"}, {"start": "00:07:53", "end": "00:07:56", "text": "by 2030."}, {"start": "00:07:55", "end": "00:07:59", "text": "I'm going to tell you this right now."}, {"start": "00:07:56", "end": "00:08:01", "text": "This is how I function."}, {"start": "00:07:59", "end": "00:08:03", "text": "If someone tells me that I can make a"}, {"start": "00:08:01", "end": "00:08:06", "text": "huge amount of money for in this case"}, {"start": "00:08:03", "end": "00:08:09", "text": "very little effort, I'm not going to"}, {"start": "00:08:06", "end": "00:08:12", "text": "back down. There there's almost no"}, {"start": "00:08:09", "end": "00:08:14", "text": "chance that I would go, hm, well, let's"}, {"start": "00:08:12", "end": "00:08:17", "text": "see what happens in 2030. If Ethereum"}, {"start": "00:08:14", "end": "00:08:23", "text": "goes from 2000 something or other to"}, {"start": "00:08:17", "end": "00:08:23", "text": "100K by 2030, that that is a 50x."}, {"start": "00:08:25", "end": "00:08:31", "text": "There's there aren't many assets on this"}, {"start": "00:08:28", "end": "00:08:34", "text": "planet that can make you that much money"}, {"start": "00:08:31", "end": "00:08:37", "text": "in such a short period of time."}, {"start": "00:08:34", "end": "00:08:39", "text": "So, I just assume that this company is"}, {"start": "00:08:37", "end": "00:08:42", "text": "going to continue throwing money at"}, {"start": "00:08:39", "end": "00:08:44", "text": "Ethereum and and also helping to push"}, {"start": "00:08:42", "end": "00:08:46", "text": "its its price a lot higher. I told you"}, {"start": "00:08:44", "end": "00:08:47", "text": "about that thing years ago. I forgot"}, {"start": "00:08:46", "end": "00:08:51", "text": "even what it was. I have like a vague"}, {"start": "00:08:47", "end": "00:08:53", "text": "memory of it. There was this story like"}, {"start": "00:08:51", "end": "00:08:56", "text": "news news stories always do like these"}, {"start": "00:08:53", "end": "00:08:58", "text": "kind of weird exposees on like people"}, {"start": "00:08:56", "end": "00:09:00", "text": "who we are supposed to think are like"}, {"start": "00:08:58", "end": "00:09:03", "text": "geniuses but like it's just kind of"}, {"start": "00:09:00", "end": "00:09:04", "text": "logic. There was that one kid this was"}, {"start": "00:09:03", "end": "00:09:08", "text": "it must have been over it might have"}, {"start": "00:09:04", "end": "00:09:10", "text": "been 2014. Uh there was some kid his"}, {"start": "00:09:08", "end": "00:09:12", "text": "mother had like raised him properly like"}, {"start": "00:09:10", "end": "00:09:14", "text": "she taught him about math and about"}, {"start": "00:09:12", "end": "00:09:17", "text": "money and about saving. So, at some"}, {"start": "00:09:14", "end": "00:09:19", "text": "point by the time he was like 14 or 15,"}, {"start": "00:09:17", "end": "00:09:21", "text": "he didn't want like toys. He didn't want"}, {"start": "00:09:19", "end": "00:09:23", "text": "so- and so. He was just buying like"}, {"start": "00:09:21", "end": "00:09:25", "text": "stock like like like whatever company he"}, {"start": "00:09:23", "end": "00:09:27", "text": "liked, he was just buying stock. And the"}, {"start": "00:09:25", "end": "00:09:29", "text": "news expose was like look at how smart"}, {"start": "00:09:27", "end": "00:09:31", "text": "this kid is. And he was like, \"No, like"}, {"start": "00:09:29", "end": "00:09:34", "text": "someone taught him the value of"}, {"start": "00:09:31", "end": "00:09:35", "text": "investing and like he was just simply"}, {"start": "00:09:34", "end": "00:09:37", "text": "doing it.\" Anyway, there was another"}, {"start": "00:09:35", "end": "00:09:39", "text": "like news expose years ago where they"}, {"start": "00:09:37", "end": "00:09:42", "text": "were following he was talking about the"}, {"start": "00:09:39", "end": "00:09:44", "text": "actual money like that you put into a"}, {"start": "00:09:42", "end": "00:09:46", "text": "market and he was saying he's like"}, {"start": "00:09:44", "end": "00:09:50", "text": "according to my research he's like every"}, {"start": "00:09:46", "end": "00:09:52", "text": "$1 that you put into the stock market"}, {"start": "00:09:50", "end": "00:09:54", "text": "over the course of a I think it was like"}, {"start": "00:09:52", "end": "00:09:56", "text": "a fiveyear period I forgot the it's very"}, {"start": "00:09:54", "end": "00:09:59", "text": "vague in my head over the course of a"}, {"start": "00:09:56", "end": "00:10:01", "text": "fiveyear period becomes like $7. So he's"}, {"start": "00:09:59", "end": "00:10:04", "text": "like, I sit there and think sometimes"}, {"start": "00:10:01", "end": "00:10:07", "text": "like, do I want to buy that candy bar?"}, {"start": "00:10:04", "end": "00:10:08", "text": "Do I need that car? Do I want to buy"}, {"start": "00:10:07", "end": "00:10:09", "text": "this thing? Cuz like he was talking"}, {"start": "00:10:08", "end": "00:10:11", "text": "about the stuff that his friends buy"}, {"start": "00:10:09", "end": "00:10:14", "text": "that they he knows that they won't need"}, {"start": "00:10:11", "end": "00:10:17", "text": "or want in the next couple of years."}, {"start": "00:10:14", "end": "00:10:22", "text": "He's like, if every 1 equals 7, every 10"}, {"start": "00:10:17", "end": "00:10:23", "text": "equals 70, every 100 equals 700. No."}, {"start": "00:10:22", "end": "00:10:26", "text": "Yes. Yes. Yes. Yes. Yes. My was like"}, {"start": "00:10:23", "end": "00:10:27", "text": "what? 9,000."}, {"start": "00:10:26", "end": "00:10:30", "text": "uh he was talking about like how much"}, {"start": "00:10:27", "end": "00:10:31", "text": "extra money he'd have in the future just"}, {"start": "00:10:30", "end": "00:10:33", "text": "by investing over the short period of"}, {"start": "00:10:31", "end": "00:10:35", "text": "time and then he extrapolated he's like"}, {"start": "00:10:33", "end": "00:10:37", "text": "over the course of 20 years I'll have x"}, {"start": "00:10:35", "end": "00:10:40", "text": "amount of money and the the news person"}, {"start": "00:10:37", "end": "00:10:42", "text": "was like"}, {"start": "00:10:40", "end": "00:10:45", "text": "they were like oh my gosh did you go to"}, {"start": "00:10:42", "end": "00:10:47", "text": "college and he was like yeah but this is"}, {"start": "00:10:45", "end": "00:10:49", "text": "this is also just basic math just by"}, {"start": "00:10:47", "end": "00:10:52", "text": "looking at the stock market I think of"}, {"start": "00:10:49", "end": "00:10:56", "text": "these things a lot anyway that was that"}, {"start": "00:10:52", "end": "00:10:59", "text": "was the point to be made was the 2,000"}, {"start": "00:10:56", "end": "00:11:01", "text": "into 100K."}, {"start": "00:10:59", "end": "00:11:05", "text": "That would, you know, how crazy that is?"}, {"start": "00:11:01", "end": "00:11:08", "text": "That would essentially mean 6,000"}, {"start": "00:11:05", "end": "00:11:11", "text": "would become 300K."}, {"start": "00:11:08", "end": "00:11:14", "text": "300K depending on where you live and"}, {"start": "00:11:11", "end": "00:11:17", "text": "where you look, is enough to like buy"}, {"start": "00:11:14", "end": "00:11:19", "text": "property outright,"}, {"start": "00:11:17", "end": "00:11:23", "text": "like completely like no mortgage. Like"}, {"start": "00:11:19", "end": "00:11:25", "text": "that property is is mine."}, {"start": "00:11:23", "end": "00:11:26", "text": "I this is all so fascinating to me"}, {"start": "00:11:25", "end": "00:11:30", "text": "because I I keep saying like what if we"}, {"start": "00:11:26", "end": "00:11:33", "text": "get to those prices? I don't not think"}, {"start": "00:11:30", "end": "00:11:35", "text": "yes double negative that Ethereum is"}, {"start": "00:11:33", "end": "00:11:38", "text": "going to get to 100K but of course I sit"}, {"start": "00:11:35", "end": "00:11:41", "text": "here sometimes and I'm like by 2030 you"}, {"start": "00:11:38", "end": "00:11:44", "text": "know I I love the idea but then I'm like"}, {"start": "00:11:41", "end": "00:11:46", "text": "what if it does happen?"}, {"start": "00:11:44", "end": "00:11:48", "text": "That's part of the devastation that I'm"}, {"start": "00:11:46", "end": "00:11:50", "text": "always talking about."}, {"start": "00:11:48", "end": "00:11:54", "text": "I think the public is going to lose it."}, {"start": "00:11:50", "end": "00:11:57", "text": "And I mean like not in a so good way."}, {"start": "00:11:54", "end": "00:11:59", "text": "You know how you've sat the reason why"}, {"start": "00:11:57", "end": "00:12:02", "text": "you're in crypto right now is because"}, {"start": "00:11:59", "end": "00:12:05", "text": "you understand it. Yes. But at some"}, {"start": "00:12:02", "end": "00:12:08", "text": "point you also sat there and you were"}, {"start": "00:12:05", "end": "00:12:11", "text": "like if I had put a dollar into Bitcoin"}, {"start": "00:12:08", "end": "00:12:14", "text": "in 2010, you'd have several million"}, {"start": "00:12:11", "end": "00:12:16", "text": "dollars right now.$1."}, {"start": "00:12:14", "end": "00:12:20", "text": "A lot of you the wave might have caught"}, {"start": "00:12:16", "end": "00:12:23", "text": "you in 2016 2017 because back then if"}, {"start": "00:12:20", "end": "00:12:25", "text": "you had put a thousand"}, {"start": "00:12:23", "end": "00:12:30", "text": "if I remember correctly if you had put"}, {"start": "00:12:25", "end": "00:12:32", "text": "$1,000 into XRP in 2016 by 20 by the end"}, {"start": "00:12:30", "end": "00:12:35", "text": "of 2017 I think it would have been like"}, {"start": "00:12:32", "end": "00:12:38", "text": "$30 something thousand."}, {"start": "00:12:35", "end": "00:12:41", "text": "That's a That is a staggering amount of"}, {"start": "00:12:38", "end": "00:12:46", "text": "money. That equates"}, {"start": "00:12:41", "end": "00:12:46", "text": "to if you had put $3500"}, {"start": "00:12:47", "end": "00:12:54", "text": "$3500 into XRP in 2016, you would have"}, {"start": "00:12:51", "end": "00:12:59", "text": "had a million dollars in 2017. So, it's"}, {"start": "00:12:54", "end": "00:13:03", "text": "not it's not undoable in crypto."}, {"start": "00:12:59", "end": "00:13:05", "text": "But what that does to the mind for for"}, {"start": "00:13:03", "end": "00:13:07", "text": "crypto investors like it lets you know"}, {"start": "00:13:05", "end": "00:13:09", "text": "cool it's possible that's why you dollar"}, {"start": "00:13:07", "end": "00:13:12", "text": "cost average that's why you buy crypto"}, {"start": "00:13:09", "end": "00:13:15", "text": "for you I'm talking like directly to you"}, {"start": "00:13:12", "end": "00:13:18", "text": "but people outside the market they're"}, {"start": "00:13:15", "end": "00:13:19", "text": "not here for all of this is why a lot of"}, {"start": "00:13:18", "end": "00:13:22", "text": "times when when the crypto market goes"}, {"start": "00:13:19", "end": "00:13:25", "text": "up these people think that you made"}, {"start": "00:13:22", "end": "00:13:27", "text": "money instantaneously well how do I also"}, {"start": "00:13:25", "end": "00:13:29", "text": "make a million dollars in a day you're"}, {"start": "00:13:27", "end": "00:13:30", "text": "like dude it wasn't like it was a"}, {"start": "00:13:29", "end": "00:13:32", "text": "struggle like it took a long time. It"}, {"start": "00:13:30", "end": "00:13:36", "text": "took a lot of patience."}, {"start": "00:13:32", "end": "00:13:40", "text": "I think when inflation continues going"}, {"start": "00:13:36", "end": "00:13:42", "text": "up, when we get to an $11 milk, when"}, {"start": "00:13:40", "end": "00:13:46", "text": "bread is actually like $9.99 and you're"}, {"start": "00:13:42", "end": "00:13:48", "text": "like, what is happening,"}, {"start": "00:13:46", "end": "00:13:51", "text": "I think it's going to hit the public in"}, {"start": "00:13:48", "end": "00:13:54", "text": "a very dramatic way when they realize"}, {"start": "00:13:51", "end": "00:13:58", "text": "those numbers as well. Imagine it's the"}, {"start": "00:13:54", "end": "00:13:59", "text": "year. So imagine it's 2030 and you're"}, {"start": "00:13:58", "end": "00:14:01", "text": "sitting down with a couple of friends"}, {"start": "00:13:59", "end": "00:14:03", "text": "and you hear them talking about how"}, {"start": "00:14:01", "end": "00:14:04", "text": "expensive everything has gotten. It's"}, {"start": "00:14:03", "end": "00:14:07", "text": "also expensive for you because you live"}, {"start": "00:14:04", "end": "00:14:10", "text": "in the world, but it's not affecting you"}, {"start": "00:14:07", "end": "00:14:13", "text": "as much because you made money from the"}, {"start": "00:14:10", "end": "00:14:15", "text": "crypto market. Stay with me here."}, {"start": "00:14:13", "end": "00:14:17", "text": "Imagine telling your friend, looking"}, {"start": "00:14:15", "end": "00:14:21", "text": "them dead in their eyeball, and being"}, {"start": "00:14:17", "end": "00:14:24", "text": "like, \"Yeah, bro. Remember 2026?"}, {"start": "00:14:21", "end": "00:14:27", "text": "If you had put $2,000"}, {"start": "00:14:24", "end": "00:14:29", "text": "into Ethereum, you would have a h 100k"}, {"start": "00:14:27", "end": "00:14:30", "text": "right now,"}, {"start": "00:14:29", "end": "00:14:34", "text": "that's going to cause some of their"}, {"start": "00:14:30", "end": "00:14:36", "text": "neurons to like begin to melt in place."}, {"start": "00:14:34", "end": "00:14:38", "text": "If you tell the average person like that"}, {"start": "00:14:36", "end": "00:14:42", "text": "they could make like big money like"}, {"start": "00:14:38", "end": "00:14:43", "text": "that, I not it's it's not pessimism"}, {"start": "00:14:42", "end": "00:14:47", "text": "because I I tend to look at the world in"}, {"start": "00:14:43", "end": "00:14:48", "text": "like very rosecolored glassesy way. I"}, {"start": "00:14:47", "end": "00:14:51", "text": "think a lot of people are going to be"}, {"start": "00:14:48", "end": "00:14:54", "text": "really upset and it's not and I say this"}, {"start": "00:14:51", "end": "00:14:58", "text": "in the nicest way possible. The issue is"}, {"start": "00:14:54", "end": "00:15:00", "text": "is that just about just about everyone"}, {"start": "00:14:58", "end": "00:15:02", "text": "has access to crypto. It's not really"}, {"start": "00:15:00", "end": "00:15:05", "text": "restricted. You can kind of go to any"}, {"start": "00:15:02", "end": "00:15:07", "text": "website, any crypto ATM and and buy"}, {"start": "00:15:05", "end": "00:15:09", "text": "crypto. It's the people who like want to"}, {"start": "00:15:07", "end": "00:15:10", "text": "miss out. It's the people who were"}, {"start": "00:15:09", "end": "00:15:13", "text": "waiting for crypto to fall so that they"}, {"start": "00:15:10", "end": "00:15:14", "text": "can go, \"Well, told you so.\" And then"}, {"start": "00:15:13", "end": "00:15:15", "text": "when it doesn't do that, they get upset"}, {"start": "00:15:14", "end": "00:15:17", "text": "with themselves that they didn't get"}, {"start": "00:15:15", "end": "00:15:19", "text": "into the market. And then they also get"}, {"start": "00:15:17", "end": "00:15:22", "text": "frustrated with you that you made so"}, {"start": "00:15:19", "end": "00:15:24", "text": "much money."}, {"start": "00:15:22", "end": "00:15:26", "text": "Imagine if"}, {"start": "00:15:24", "end": "00:15:28", "text": "$67,000"}, {"start": "00:15:26", "end": "00:15:31", "text": "equates into 300K in the next three"}, {"start": "00:15:28", "end": "00:15:31", "text": "years."}, {"start": "00:15:32", "end": "00:15:37", "text": "Like really like that's for those of you"}, {"start": "00:15:35", "end": "00:15:40", "text": "who who aren't even aware, 300K is"}, {"start": "00:15:37", "end": "00:15:43", "text": "life-changing money. 300k is like if you"}, {"start": "00:15:40", "end": "00:15:46", "text": "especially live below your means, you"}, {"start": "00:15:43", "end": "00:15:48", "text": "can buy like a nice sized apartment,"}, {"start": "00:15:46", "end": "00:15:50", "text": "nicesized house if you like leave"}, {"start": "00:15:48", "end": "00:15:53", "text": "outside the city, that's enough to like"}, {"start": "00:15:50", "end": "00:15:58", "text": "have like extra money to like sit on and"}, {"start": "00:15:53", "end": "00:16:00", "text": "also still like perpetually invest."}, {"start": "00:15:58", "end": "00:16:03", "text": "Anyway, I I have I have many thoughts on"}, {"start": "00:16:00", "end": "00:16:05", "text": "this on this topic, but this why I keep"}, {"start": "00:16:03", "end": "00:16:08", "text": "saying like like remember how early you"}, {"start": "00:16:05", "end": "00:16:10", "text": "are in this market. We're not in 2041."}, {"start": "00:16:08", "end": "00:16:12", "text": "We're not in the year 2050 and you and I"}, {"start": "00:16:10", "end": "00:16:15", "text": "aren't here reminiscing about like how"}, {"start": "00:16:12", "end": "00:16:18", "text": "we could have gotten into crypto in"}, {"start": "00:16:15", "end": "00:16:21", "text": "2026. Like we're here right now."}, {"start": "00:16:18", "end": "00:16:23", "text": "That's the uh"}, {"start": "00:16:21", "end": "00:16:26", "text": "that's the point to be made. Um anywh"}, {"start": "00:16:23", "end": "00:16:28", "text": "who that's the uh bit mine accumulation"}, {"start": "00:16:26", "end": "00:16:30", "text": "news."}, {"start": "00:16:28", "end": "00:16:34", "text": "Fantastic."}, {"start": "00:16:30", "end": "00:16:37", "text": "Also in the news everywhere, an analyst,"}, {"start": "00:16:34", "end": "00:16:41", "text": "many of them, but an analyst says XRP is"}, {"start": "00:16:37", "end": "00:16:44", "text": "repeating its 2024 pattern before a"}, {"start": "00:16:41", "end": "00:16:47", "text": "potential 650%"}, {"start": "00:16:44", "end": "00:16:48", "text": "surge. You would not believe. Or maybe"}, {"start": "00:16:47", "end": "00:16:53", "text": "you would if you're here every day,"}, {"start": "00:16:48", "end": "00:16:56", "text": "you're like, \"No, I I get it.\""}, {"start": "00:16:53", "end": "00:17:02", "text": "Uh there are a lot of companies"}, {"start": "00:16:56", "end": "00:17:04", "text": "releasing analytical reports for crypto"}, {"start": "00:17:02", "end": "00:17:05", "text": "talking about uh past movements of"}, {"start": "00:17:04", "end": "00:17:08", "text": "Bitcoin"}, {"start": "00:17:05", "end": "00:17:11", "text": "where Cardano's price chart was before"}, {"start": "00:17:08", "end": "00:17:13", "text": "and the movements that repeated and this"}, {"start": "00:17:11", "end": "00:17:18", "text": "happening with so and so there are it's"}, {"start": "00:17:13", "end": "00:17:21", "text": "it's it's very safe for me to say people"}, {"start": "00:17:18", "end": "00:17:25", "text": "are expecting uh some pretty nice"}, {"start": "00:17:21", "end": "00:17:28", "text": "looking prices over the course of 2027."}, {"start": "00:17:25", "end": "00:17:31", "text": "And I'm also glad, this is a personal"}, {"start": "00:17:28", "end": "00:17:34", "text": "thing. I'm not finding"}, {"start": "00:17:31", "end": "00:17:36", "text": "as much news"}, {"start": "00:17:34", "end": "00:17:40", "text": "about the Clarity Act as I was before,"}, {"start": "00:17:36", "end": "00:17:42", "text": "which is lovely. Um, I don't know if"}, {"start": "00:17:40", "end": "00:17:45", "text": "that's a collective everyone realizing"}, {"start": "00:17:42", "end": "00:17:49", "text": "that we don't need to lean on the"}, {"start": "00:17:45", "end": "00:17:51", "text": "Clarity Act, but the last week was quite"}, {"start": "00:17:49", "end": "00:17:53", "text": "intense. Clarity Act news was"}, {"start": "00:17:51", "end": "00:17:54", "text": "everywhere. I'm not seeing a lot of it"}, {"start": "00:17:53", "end": "00:17:57", "text": "anymore. I'm seeing a lot of like kind"}, {"start": "00:17:54", "end": "00:17:59", "text": "of more downto-earth crypto news about"}, {"start": "00:17:57", "end": "00:18:01", "text": "accumulation about ETF inflows, if you"}, {"start": "00:17:59", "end": "00:18:02", "text": "can call that down to earth, about"}, {"start": "00:18:01", "end": "00:18:05", "text": "people looking at charts and saying,"}, {"start": "00:18:02", "end": "00:18:07", "text": "\"Okay, this date this, this line did"}, {"start": "00:18:05", "end": "00:18:09", "text": "that.\" This is why we recently had like"}, {"start": "00:18:07", "end": "00:18:12", "text": "Bitcoin uh golden cross news. Like a lot"}, {"start": "00:18:09", "end": "00:18:15", "text": "of the news is kind of moving back to"}, {"start": "00:18:12", "end": "00:18:17", "text": "the charts to look to see where crypto"}, {"start": "00:18:15", "end": "00:18:20", "text": "prices are going as opposed to being"}, {"start": "00:18:17", "end": "00:18:22", "text": "like the only way that XRP can go up in"}, {"start": "00:18:20", "end": "00:18:23", "text": "price is with the Clarity Act. That's"}, {"start": "00:18:22", "end": "00:18:25", "text": "what a lot of the news was around like"}, {"start": "00:18:23", "end": "00:18:28", "text": "May and June if you weren't here. A lot"}, {"start": "00:18:25", "end": "00:18:33", "text": "of it was like XRP and Ethereum are"}, {"start": "00:18:28", "end": "00:18:35", "text": "going to go to $9 trillion per coin if"}, {"start": "00:18:33", "end": "00:18:37", "text": "we get the Clarity Act. And then every"}, {"start": "00:18:35", "end": "00:18:39", "text": "single article was like if we don't get"}, {"start": "00:18:37", "end": "00:18:43", "text": "it, we're expecting lower prices. Why?"}, {"start": "00:18:39", "end": "00:18:46", "text": "We don't have the bill now. If we don't"}, {"start": "00:18:43", "end": "00:18:48", "text": "have it in a couple of days, nothing has"}, {"start": "00:18:46", "end": "00:18:50", "text": "really changed. Like we we you didn't"}, {"start": "00:18:48", "end": "00:18:52", "text": "have the money before, you don't have it"}, {"start": "00:18:50", "end": "00:18:56", "text": "now."}, {"start": "00:18:52", "end": "00:18:58", "text": "So, uh yes, a lot of news is floating"}, {"start": "00:18:56", "end": "00:19:02", "text": "around about these coins. It is going to"}, {"start": "00:18:58", "end": "00:19:05", "text": "be a very fascinating autumn and winter,"}, {"start": "00:19:02", "end": "00:19:07", "text": "my friends. uh simply because"}, {"start": "00:19:05", "end": "00:19:09", "text": "we are"}, {"start": "00:19:07", "end": "00:19:12", "text": "minimum"}, {"start": "00:19:09", "end": "00:19:15", "text": "minimum expecting anywhere from two to"}, {"start": "00:19:12", "end": "00:19:16", "text": "4x in prices by the end of the year. If"}, {"start": "00:19:15", "end": "00:19:18", "text": "you haven't seen the news in the last"}, {"start": "00:19:16", "end": "00:19:20", "text": "couple of weeks, that's what it comes"}, {"start": "00:19:18", "end": "00:19:21", "text": "down to. That's what everyone's talking"}, {"start": "00:19:20", "end": "00:19:23", "text": "about. That's what everyone's expecting."}, {"start": "00:19:21", "end": "00:19:24", "text": "That's what all the charts are showing."}, {"start": "00:19:23", "end": "00:19:26", "text": "Everyone's looking at October."}, {"start": "00:19:24", "end": "00:19:27", "text": "Everyone's looking at this date. Like it"}, {"start": "00:19:26", "end": "00:19:29", "text": "just"}, {"start": "00:19:27", "end": "00:19:33", "text": "awesome. We'll see what ends up"}, {"start": "00:19:29", "end": "00:19:35", "text": "happening. Uh, but I myself"}, {"start": "00:19:33", "end": "00:19:38", "text": "it's it's it's difficult not to be"}, {"start": "00:19:35", "end": "00:19:42", "text": "hyped, but I but I do what I can on a"}, {"start": "00:19:38", "end": "00:19:45", "text": "daily basis to try and stay uh calm"}, {"start": "00:19:42", "end": "00:19:51", "text": "because let's be completely honest here."}, {"start": "00:19:45", "end": "00:19:54", "text": "I would love a $100,000 Ethereum. And I"}, {"start": "00:19:51", "end": "00:19:57", "text": "mean not like normal love, like almost"}, {"start": "00:19:54", "end": "00:20:02", "text": "like creepy. Like I would I don't know"}, {"start": "00:19:57", "end": "00:20:07", "text": "what I would do. a $100,000 Ethereum, a"}, {"start": "00:20:02", "end": "00:20:10", "text": "million dollar Bitcoin, and like a $38"}, {"start": "00:20:07", "end": "00:20:10", "text": "XRP."}, {"start": "00:20:10", "end": "00:20:13", "text": "Like you just"}, {"start": "00:20:12", "end": "00:20:15", "text": "you just have to like go somewhere and"}, {"start": "00:20:13", "end": "00:20:17", "text": "party, right? Like like like you just"}, {"start": "00:20:15", "end": "00:20:20", "text": "have to like like seclude yourself on an"}, {"start": "00:20:17", "end": "00:20:25", "text": "island and just kind of Anyway, uh"}, {"start": "00:20:20", "end": "00:20:27", "text": "awesome. Whoa, XRP 650%."}, {"start": "00:20:25", "end": "00:20:29", "text": "That's that's crazy talk. Can't believe"}, {"start": "00:20:27", "end": "00:20:33", "text": "those numbers. That's what everyone's"}, {"start": "00:20:29", "end": "00:20:35", "text": "expecting. Okie dokie."}, {"start": "00:20:33", "end": "00:20:38", "text": "Let's move on."}, {"start": "00:20:35", "end": "00:20:40", "text": "Also, as I've been going over heavily in"}, {"start": "00:20:38", "end": "00:20:43", "text": "the news,"}, {"start": "00:20:40", "end": "00:20:47", "text": "Kevin Walsh and the Federal Reserve,"}, {"start": "00:20:43", "end": "00:20:51", "text": "what are they going to do next? Uh, a"}, {"start": "00:20:47", "end": "00:20:55", "text": "lot of people I I think the most likely"}, {"start": "00:20:51", "end": "00:20:59", "text": "is leaving interest rates the same. It's"}, {"start": "00:20:55", "end": "00:21:01", "text": "now literally almost 5050."}, {"start": "00:20:59", "end": "00:21:04", "text": "for expectations of either raising"}, {"start": "00:21:01", "end": "00:21:08", "text": "interest rates or keeping them where"}, {"start": "00:21:04", "end": "00:21:12", "text": "they are. The you you need to really put"}, {"start": "00:21:08", "end": "00:21:14", "text": "into context how bad debt levels"}, {"start": "00:21:12", "end": "00:21:16", "text": "actually are. This isn't like some"}, {"start": "00:21:14", "end": "00:21:19", "text": "random conversation. This is a"}, {"start": "00:21:16", "end": "00:21:23", "text": "discussion about the world reserve"}, {"start": "00:21:19", "end": "00:21:27", "text": "currency like buckling and crumbling."}, {"start": "00:21:23", "end": "00:21:30", "text": "As I've told you before, if the news is"}, {"start": "00:21:27", "end": "00:21:33", "text": "the world reserve currency ain't doing"}, {"start": "00:21:30", "end": "00:21:37", "text": "too hot, that means the other currencies"}, {"start": "00:21:33", "end": "00:21:41", "text": "around the world are doing terribly like"}, {"start": "00:21:37", "end": "00:21:45", "text": "really really bad."}, {"start": "00:21:41", "end": "00:21:47", "text": "So, uh, all the Fed can literally do is"}, {"start": "00:21:45", "end": "00:21:50", "text": "to raise interest rates. They will not"}, {"start": "00:21:47", "end": "00:21:51", "text": "stop printing money. They they"}, {"start": "00:21:50", "end": "00:21:54", "text": "essentially cannot, especially with debt"}, {"start": "00:21:51", "end": "00:21:56", "text": "levels this high. money has to be"}, {"start": "00:21:54", "end": "00:21:59", "text": "printed to actually pay back some of"}, {"start": "00:21:56", "end": "00:22:01", "text": "that debt. But the problem is is that as"}, {"start": "00:21:59", "end": "00:22:04", "text": "you print trillions of dollars to pay"}, {"start": "00:22:01", "end": "00:22:07", "text": "back the debt, the other money printed"}, {"start": "00:22:04", "end": "00:22:10", "text": "before it has lost value because you"}, {"start": "00:22:07", "end": "00:22:14", "text": "printed a trillion."}, {"start": "00:22:10", "end": "00:22:18", "text": "So, we're witnessing history and um it"}, {"start": "00:22:14", "end": "00:22:18", "text": "would appear"}, {"start": "00:22:18", "end": "00:22:25", "text": "that people with assets are going to uh"}, {"start": "00:22:22", "end": "00:22:27", "text": "do the best here simply because uh"}, {"start": "00:22:25", "end": "00:22:29", "text": "that's what happens during inflation."}, {"start": "00:22:27", "end": "00:22:32", "text": "People put their money into assets, the"}, {"start": "00:22:29", "end": "00:22:37", "text": "asset prices go up relative to inflation"}, {"start": "00:22:32", "end": "00:22:37", "text": "or higher. And yeah,"}, {"start": "00:22:37", "end": "00:22:47", "text": "uh it says traders using the CME's Fed"}, {"start": "00:22:41", "end": "00:22:52", "text": "watch tool put the FOMC September 2026"}, {"start": "00:22:47", "end": "00:22:55", "text": "odds of a 25 basis point rate hike,"}, {"start": "00:22:52", "end": "00:22:58", "text": "that's a 0.25 hike at the Federal"}, {"start": "00:22:55", "end": "00:23:02", "text": "Reserve's 16th of September meeting at"}, {"start": "00:22:58", "end": "00:23:08", "text": "nearly 56%."}, {"start": "00:23:02", "end": "00:23:10", "text": "CNBC has reported people are um getting"}, {"start": "00:23:08", "end": "00:23:13", "text": "a bit jittery trying to figure out"}, {"start": "00:23:10", "end": "00:23:17", "text": "what's going to happen. a raise in"}, {"start": "00:23:13", "end": "00:23:20", "text": "interest rates uh could have a number of"}, {"start": "00:23:17", "end": "00:23:25", "text": "implications and one of them is is it"}, {"start": "00:23:20", "end": "00:23:28", "text": "could cause the stock market to begin to"}, {"start": "00:23:25", "end": "00:23:32", "text": "uh tumble a bit and the AI sector is"}, {"start": "00:23:28", "end": "00:23:35", "text": "apparently already looking a bit shaky"}, {"start": "00:23:32", "end": "00:23:36", "text": "and it might just need one more little"}, {"start": "00:23:35", "end": "00:23:40", "text": "push"}, {"start": "00:23:36", "end": "00:23:42", "text": "uh to actually like fall fall. So, as"}, {"start": "00:23:40", "end": "00:23:43", "text": "we've been going over for a while, and"}, {"start": "00:23:42", "end": "00:23:47", "text": "this will continuously be the news. This"}, {"start": "00:23:43", "end": "00:23:48", "text": "this will not disappear. Understand that"}, {"start": "00:23:47", "end": "00:23:52", "text": "we're talking about the end of the US"}, {"start": "00:23:48", "end": "00:23:54", "text": "dollar. We're talking about uh soon to"}, {"start": "00:23:52", "end": "00:23:58", "text": "be"}, {"start": "00:23:54", "end": "00:24:01", "text": "$41 trillion worth of of debt. The these"}, {"start": "00:23:58", "end": "00:24:04", "text": "numbers do they desensitize you because"}, {"start": "00:24:01", "end": "00:24:08", "text": "you hear them and you you get used to"}, {"start": "00:24:04", "end": "00:24:10", "text": "it. When you were a kid, someone said a"}, {"start": "00:24:08", "end": "00:24:12", "text": "dollar and you're like, \"A whole dollar?"}, {"start": "00:24:10", "end": "00:24:15", "text": "That's crazy.\" You get older and go to"}, {"start": "00:24:12", "end": "00:24:17", "text": "work and you go, \"Okay, a $100.\" It's"}, {"start": "00:24:15", "end": "00:24:19", "text": "it's it's an okay amount of money to be"}, {"start": "00:24:17", "end": "00:24:21", "text": "able to do stuff with. You hear a couple"}, {"start": "00:24:19", "end": "00:24:23", "text": "thousand. You watch these TV shows with"}, {"start": "00:24:21", "end": "00:24:24", "text": "these millionaires. A million becomes"}, {"start": "00:24:23", "end": "00:24:26", "text": "quite cemented in your mind as a lot of"}, {"start": "00:24:24", "end": "00:24:29", "text": "money. You hear billions all the time."}, {"start": "00:24:26", "end": "00:24:34", "text": "Wow, that guy's a billionaire. So the"}, {"start": "00:24:29", "end": "00:24:36", "text": "idea of like a an $18 million inflow to"}, {"start": "00:24:34", "end": "00:24:38", "text": "an ETF doesn't seem as amazing anymore"}, {"start": "00:24:36", "end": "00:24:41", "text": "because you're used to billions. So when"}, {"start": "00:24:38", "end": "00:24:44", "text": "we start hearing trillions of dollars"}, {"start": "00:24:41", "end": "00:24:47", "text": "normally red flag like it is an"}, {"start": "00:24:44", "end": "00:24:49", "text": "indication that things have like"}, {"start": "00:24:47", "end": "00:24:52", "text": "remember Yeah. Remember when you were"}, {"start": "00:24:49", "end": "00:24:54", "text": "younger and there were always those"}, {"start": "00:24:52", "end": "00:24:57", "text": "things in the news about I believe it"}, {"start": "00:24:54", "end": "00:24:59", "text": "was Zimbabwe. I believe it was Zimbabwe."}, {"start": "00:24:57", "end": "00:25:02", "text": "uh they had like a hundred trillion"}, {"start": "00:24:59", "end": "00:25:03", "text": "dollar bill, remember that? And people"}, {"start": "00:25:02", "end": "00:25:06", "text": "were always like their economy is"}, {"start": "00:25:03", "end": "00:25:08", "text": "terrible. And then you talk about $40"}, {"start": "00:25:06", "end": "00:25:12", "text": "trillion worth of debt, which will only"}, {"start": "00:25:08", "end": "00:25:16", "text": "continue. So at some point"}, {"start": "00:25:12", "end": "00:25:20", "text": "in our lifetime, and I mean, let's be"}, {"start": "00:25:16", "end": "00:25:22", "text": "honest, I I give it a good 15, 20 years,"}, {"start": "00:25:20", "end": "00:25:26", "text": "we're going to hear that the US is a"}, {"start": "00:25:22", "end": "00:25:26", "text": "hundred trillion dollars in debt."}, {"start": "00:25:26", "end": "00:25:31", "text": "Yeah. See, when you put it into that"}, {"start": "00:25:28", "end": "00:25:37", "text": "context, it's like, oh no, that's awful."}, {"start": "00:25:31", "end": "00:25:40", "text": "Um, also in the news, um, Scott Basent,"}, {"start": "00:25:37", "end": "00:25:43", "text": "the US Treasury Secretary,"}, {"start": "00:25:40", "end": "00:25:47", "text": "uh, it says Basent's fever quelling debt"}, {"start": "00:25:43", "end": "00:25:51", "text": "buybacks put Wall Street on edge. Yeah."}, {"start": "00:25:47", "end": "00:25:51", "text": "So they're talking"}, {"start": "00:25:53", "end": "00:25:59", "text": "the dollarization is ramping up. Uh the"}, {"start": "00:25:57", "end": "00:26:03", "text": "amount of people"}, {"start": "00:25:59", "end": "00:26:05", "text": "even people buying US debt has fallen."}, {"start": "00:26:03", "end": "00:26:07", "text": "Buying US debt is usually seen as like a"}, {"start": "00:26:05", "end": "00:26:09", "text": "uh like like a surefired way of getting"}, {"start": "00:26:07", "end": "00:26:11", "text": "your money back. You know that you'll"}, {"start": "00:26:09", "end": "00:26:15", "text": "you know do well. This is the way that"}, {"start": "00:26:11", "end": "00:26:16", "text": "debt usually works. Um people aren't"}, {"start": "00:26:15", "end": "00:26:20", "text": "buying you as debt. They're not buying"}, {"start": "00:26:16", "end": "00:26:24", "text": "the bonds. Uh they're not buying uh"}, {"start": "00:26:20", "end": "00:26:26", "text": "Treasury bills. And uh the US recently"}, {"start": "00:26:24", "end": "00:26:28", "text": "announced,"}, {"start": "00:26:26", "end": "00:26:31", "text": "if I remember correctly, that they're"}, {"start": "00:26:28", "end": "00:26:34", "text": "going to try and do like a trillion"}, {"start": "00:26:31", "end": "00:26:34", "text": "dollar buyback."}, {"start": "00:26:34", "end": "00:26:40", "text": "Red flag. And uh Wall Street doesn't"}, {"start": "00:26:37", "end": "00:26:42", "text": "like that. when you announce so"}, {"start": "00:26:40", "end": "00:26:44", "text": "historically if something's bad you know"}, {"start": "00:26:42", "end": "00:26:47", "text": "how like I always say like when we hear"}, {"start": "00:26:44", "end": "00:26:50", "text": "about it like that's that's always the"}, {"start": "00:26:47", "end": "00:26:52", "text": "tipping point normally things are always"}, {"start": "00:26:50", "end": "00:26:56", "text": "bad throughout history what ends up"}, {"start": "00:26:52", "end": "00:26:58", "text": "happening is that at some point 20 30 40"}, {"start": "00:26:56", "end": "00:27:00", "text": "years later we get like an unsealing I"}, {"start": "00:26:58", "end": "00:27:02", "text": "don't know if it works everywhere this"}, {"start": "00:27:00", "end": "00:27:05", "text": "way around the world we get like an"}, {"start": "00:27:02", "end": "00:27:07", "text": "unsealing of documents and then we the"}, {"start": "00:27:05", "end": "00:27:09", "text": "the people in in the US we will hear"}, {"start": "00:27:07", "end": "00:27:11", "text": "that, you know, something happened in"}, {"start": "00:27:09", "end": "00:27:14", "text": "the 80s. Oh my gosh, like we were this"}, {"start": "00:27:11", "end": "00:27:16", "text": "close to disaster. That's crazy."}, {"start": "00:27:14", "end": "00:27:18", "text": "When you hear people say it out loud,"}, {"start": "00:27:16", "end": "00:27:21", "text": "that means it's far worse than we're"}, {"start": "00:27:18", "end": "00:27:24", "text": "actually imagining. Like imagine you"}, {"start": "00:27:21", "end": "00:27:28", "text": "have, for instance, let's say somebody"}, {"start": "00:27:24", "end": "00:27:31", "text": "has a million dollars in debt"}, {"start": "00:27:28", "end": "00:27:33", "text": "and you normally, if you're in debt, you"}, {"start": "00:27:31", "end": "00:27:35", "text": "wouldn't be able to pay that whole"}, {"start": "00:27:33", "end": "00:27:38", "text": "million dollars back. Stay with me. So,"}, {"start": "00:27:35", "end": "00:27:41", "text": "what you would normally do is you would"}, {"start": "00:27:38", "end": "00:27:44", "text": "tell the bank, \"Hey, can we figure this"}, {"start": "00:27:41", "end": "00:27:48", "text": "out? I don't have a million. I might"}, {"start": "00:27:44", "end": "00:27:50", "text": "have a 100K. Could I do 50,000? Would"}, {"start": "00:27:48", "end": "00:27:53", "text": "that would that help?\" And they go,"}, {"start": "00:27:50", "end": "00:27:56", "text": "\"Yeah, sure. 20 thou know, 50,000 would"}, {"start": "00:27:53", "end": "00:27:57", "text": "help tremendously towards your actual"}, {"start": "00:27:56", "end": "00:28:00", "text": "debt.\""}, {"start": "00:27:57", "end": "00:28:02", "text": "If the US is announcing a trillion"}, {"start": "00:28:00", "end": "00:28:05", "text": "dollar buyback,"}, {"start": "00:28:02", "end": "00:28:07", "text": "that means the situation is far worse"}, {"start": "00:28:05", "end": "00:28:09", "text": "than a trillion dollars. Because if the"}, {"start": "00:28:07", "end": "00:28:10", "text": "if the issue was just a trillion and"}, {"start": "00:28:09", "end": "00:28:14", "text": "they said we're going to buy back a"}, {"start": "00:28:10", "end": "00:28:17", "text": "trillion, stock markets would skyrocket,"}, {"start": "00:28:14", "end": "00:28:20", "text": "US debt is over. That means that the"}, {"start": "00:28:17", "end": "00:28:22", "text": "issue goes way deeper. to have to even"}, {"start": "00:28:20", "end": "00:28:24", "text": "announce openly that you're having so"}, {"start": "00:28:22", "end": "00:28:27", "text": "big of a problem that you need to buy"}, {"start": "00:28:24", "end": "00:28:30", "text": "back your own debt."}, {"start": "00:28:27", "end": "00:28:33", "text": "Yeah, this is also and I mean as we've"}, {"start": "00:28:30", "end": "00:28:35", "text": "been going over this is part of the"}, {"start": "00:28:33", "end": "00:28:38", "text": "expectations"}, {"start": "00:28:35", "end": "00:28:41", "text": "of the crypto market going a lot higher."}, {"start": "00:28:38", "end": "00:28:43", "text": "It's basically um capital rotation and"}, {"start": "00:28:41", "end": "00:28:46", "text": "people realizing I mean I don't know if"}, {"start": "00:28:43", "end": "00:28:52", "text": "you've caught on in the last uh two"}, {"start": "00:28:46", "end": "00:28:52", "text": "years around $150"}, {"start": "00:28:52", "end": "00:28:58", "text": "billion dollar worth of Bitcoin was"}, {"start": "00:28:55", "end": "00:29:00", "text": "purchased."}, {"start": "00:28:58", "end": "00:29:05", "text": "Did anyone catch on that something might"}, {"start": "00:29:00", "end": "00:29:08", "text": "have been wrong? When I keep saying"}, {"start": "00:29:05", "end": "00:29:10", "text": "why did black I mean like I'm I'm giving"}, {"start": "00:29:08", "end": "00:29:14", "text": "you a question but it's also an answer."}, {"start": "00:29:10", "end": "00:29:19", "text": "Why did BlackRock purchase $60 billion"}, {"start": "00:29:14", "end": "00:29:21", "text": "worth of Bitcoin in 20 months?"}, {"start": "00:29:19", "end": "00:29:25", "text": "Why does Micro Strategy have over"}, {"start": "00:29:21", "end": "00:29:29", "text": "800,000 Bitcoin in two years?"}, {"start": "00:29:25", "end": "00:29:35", "text": "Why are the inflows in a week for"}, {"start": "00:29:29", "end": "00:29:35", "text": "Bitcoin ETFs at 3 6 billion"}, {"start": "00:29:35", "end": "00:29:40", "text": "there. These are questions, but they're"}, {"start": "00:29:37", "end": "00:29:44", "text": "answers. It's because everything is so"}, {"start": "00:29:40", "end": "00:29:48", "text": "bad. Wall Street, and I don't use the"}, {"start": "00:29:44", "end": "00:29:50", "text": "term smart money, but big money and even"}, {"start": "00:29:48", "end": "00:29:52", "text": "everyday investors, the alarm bells are"}, {"start": "00:29:50", "end": "00:29:55", "text": "going off in your head. I I tell you"}, {"start": "00:29:52", "end": "00:29:57", "text": "often like you you feel something's"}, {"start": "00:29:55", "end": "00:29:59", "text": "wrong, right? like something feels"}, {"start": "00:29:57", "end": "00:30:01", "text": "terribly off"}, {"start": "00:29:59", "end": "00:30:03", "text": "like offkilter. Something something"}, {"start": "00:30:01", "end": "00:30:06", "text": "something's not too high. Like what"}, {"start": "00:30:03", "end": "00:30:08", "text": "what's going on here? That's what's"}, {"start": "00:30:06", "end": "00:30:10", "text": "going on is these people are openly"}, {"start": "00:30:08", "end": "00:30:14", "text": "telling us"}, {"start": "00:30:10", "end": "00:30:18", "text": "we are invested in Bitcoin, Ethereum,"}, {"start": "00:30:14", "end": "00:30:20", "text": "XRP, Salana, and Polygon."}, {"start": "00:30:18", "end": "00:30:21", "text": "Hey Goldman Sachs, you're in crypto,"}, {"start": "00:30:20", "end": "00:30:23", "text": "right? What are you buying? Well, we're"}, {"start": "00:30:21", "end": "00:30:26", "text": "really into Bitcoin, XRP, and Ethereum"}, {"start": "00:30:23", "end": "00:30:29", "text": "right now. They're actively telling us"}, {"start": "00:30:26", "end": "00:30:32", "text": "what they're buying as the US dollar is"}, {"start": "00:30:29", "end": "00:30:34", "text": "collapsing."}, {"start": "00:30:32", "end": "00:30:37", "text": "It's a question, but it's also the"}, {"start": "00:30:34", "end": "00:30:38", "text": "answer."}, {"start": "00:30:37", "end": "00:30:41", "text": "Anywho,"}, {"start": "00:30:38", "end": "00:30:42", "text": "I hope you're all doing well. Hope"}, {"start": "00:30:41", "end": "00:30:45", "text": "you've all been paying attention. Hope"}, {"start": "00:30:42", "end": "00:30:47", "text": "you've all been buying assets. It's very"}, {"start": "00:30:45", "end": "00:30:49", "text": "important. Uh, no one else is going to"}, {"start": "00:30:47", "end": "00:30:53", "text": "do it for you."}, {"start": "00:30:49", "end": "00:30:55", "text": "I do sincerely hope that you have all"}, {"start": "00:30:53", "end": "00:31:00", "text": "enjoyed."}, {"start": "00:30:55", "end": "00:31:01", "text": "Um I feel like taking a nap. I'm just"}, {"start": "00:31:00", "end": "00:31:03", "text": "I'm just out of it. Could be the change"}, {"start": "00:31:01", "end": "00:31:07", "text": "in in weather as well. It's getting more"}, {"start": "00:31:03", "end": "00:31:09", "text": "autumny. Anyway, um do hope that you've"}, {"start": "00:31:07", "end": "00:31:12", "text": "all enjoyed. Do hope that you all are"}, {"start": "00:31:09", "end": "00:31:14", "text": "having a great day, morning, afternoon,"}, {"start": "00:31:12", "end": "00:31:16", "text": "evening, wherever you are, wherever you"}, {"start": "00:31:14", "end": "00:31:19", "text": "might be. I do hope it's absolutely"}, {"start": "00:31:16", "end": "00:31:22", "text": "fantastic. Thank you all once again for"}, {"start": "00:31:19", "end": "00:31:25", "text": "watching, listening, liking, commenting,"}, {"start": "00:31:22", "end": "00:31:28", "text": "and supporting. And I will"}, {"start": "00:31:25", "end": "00:31:31", "text": "most certainly be talking to you all"}, {"start": "00:31:28", "end": "00:31:31", "text": "soon."}, {"start": "00:31:31", "end": "00:31:34", "text": "See you."}]

[{"start": "00:00:01", "end": "00:00:10", "text": "Hello everybody."}, {"start": "00:00:04", "end": "00:00:12", "text": "Welcome back for another video. Hope"}, {"start": "00:00:10", "end": "00:00:15", "text": "you're all doing fantastic. Hope you're"}, {"start": "00:00:12", "end": "00:00:18", "text": "all having a good morning, afternoon,"}, {"start": "00:00:15", "end": "00:00:21", "text": "and or evening. Uh, wherever you are,"}, {"start": "00:00:18", "end": "00:00:23", "text": "wherever you might be,"}, {"start": "00:00:21", "end": "00:00:24", "text": "you you know, I just woke up. Why are"}, {"start": "00:00:23", "end": "00:00:27", "text": "you Why are you sitting there confused?"}, {"start": "00:00:24", "end": "00:00:30", "text": "You can hear it in my voice. I actually"}, {"start": "00:00:27", "end": "00:00:32", "text": "slept well, which was fantastic. That"}, {"start": "00:00:30", "end": "00:00:34", "text": "was know the last time I had a good"}, {"start": "00:00:32", "end": "00:00:37", "text": "night of sleep."}, {"start": "00:00:34", "end": "00:00:39", "text": "Woo. Uh, very big thank you to my"}, {"start": "00:00:37", "end": "00:00:41", "text": "Patreon supporters. Very big thank you"}, {"start": "00:00:39", "end": "00:00:45", "text": "to Livioc,"}, {"start": "00:00:41", "end": "00:00:49", "text": "FT Clown, Lyall Austin, Alexander the"}, {"start": "00:00:45", "end": "00:00:53", "text": "Greek, Gypsy Queen, Trent Jackson,"}, {"start": "00:00:49", "end": "00:00:57", "text": "Gilboa Snake, and to Finn Lee Bass. Very"}, {"start": "00:00:53", "end": "00:01:03", "text": "big thank you to all of you."}, {"start": "00:00:57", "end": "00:01:08", "text": "I recently released a book around XRP"}, {"start": "00:01:03", "end": "00:01:12", "text": "and Ripple and where I personally think"}, {"start": "00:01:08", "end": "00:01:14", "text": "the coin and company are going. Um, very"}, {"start": "00:01:12", "end": "00:01:16", "text": "big thank you for all of the support on"}, {"start": "00:01:14", "end": "00:01:19", "text": "the book. For those of you who are"}, {"start": "00:01:16", "end": "00:01:23", "text": "interested, there are links in the"}, {"start": "00:01:19", "end": "00:01:27", "text": "description below this video. Without"}, {"start": "00:01:23", "end": "00:01:29", "text": "any ado, that is further."}, {"start": "00:01:27", "end": "00:01:32", "text": "Yeah, let's jump right into it. It seems"}, {"start": "00:01:29", "end": "00:01:38", "text": "we're getting down to the wire"}, {"start": "00:01:32", "end": "00:01:41", "text": "uh regarding expectations and bountiful"}, {"start": "00:01:38", "end": "00:01:45", "text": "promises of cryptocurrency prices. If"}, {"start": "00:01:41", "end": "00:01:48", "text": "you have somehow missed the last few,"}, {"start": "00:01:45", "end": "00:01:50", "text": "I'll say weeks worth of news. There's a"}, {"start": "00:01:48", "end": "00:01:53", "text": "lot of We're not even in the euphoria"}, {"start": "00:01:50", "end": "00:01:56", "text": "phase. If you've been through the crypto"}, {"start": "00:01:53", "end": "00:02:00", "text": "market before, through the other cycles,"}, {"start": "00:01:56", "end": "00:02:04", "text": "the euphoria phase typically happens as"}, {"start": "00:02:00", "end": "00:02:08", "text": "like prices are like pumping."}, {"start": "00:02:04", "end": "00:02:11", "text": "I mean, Bitcoin goes from $1,000"}, {"start": "00:02:08", "end": "00:02:13", "text": "to 16,000. Everyone's euphoric."}, {"start": "00:02:11", "end": "00:02:16", "text": "Everyone's making good amounts of money."}, {"start": "00:02:13", "end": "00:02:19", "text": "We have already kind of entered this"}, {"start": "00:02:16", "end": "00:02:23", "text": "kind of idea of where the cryptocurrency"}, {"start": "00:02:19", "end": "00:02:27", "text": "market is going to go. As we tiptoe into"}, {"start": "00:02:23", "end": "00:02:29", "text": "the beginning of it, the expectations"}, {"start": "00:02:27", "end": "00:02:32", "text": "for the Clarity Act are quite high. But"}, {"start": "00:02:29", "end": "00:02:34", "text": "as we've been going over, uh there are"}, {"start": "00:02:32", "end": "00:02:36", "text": "now murmurss"}, {"start": "00:02:34", "end": "00:02:38", "text": "coming out of Washington that it might"}, {"start": "00:02:36", "end": "00:02:40", "text": "not happen. We're not going to go over"}, {"start": "00:02:38", "end": "00:02:43", "text": "that once again, but I've already told"}, {"start": "00:02:40", "end": "00:02:47", "text": "you even if it does not happen. Uh we"}, {"start": "00:02:43", "end": "00:02:52", "text": "will be just fine. Uh because of the"}, {"start": "00:02:47", "end": "00:02:56", "text": "proposed laws from the SEC and the CFTC,"}, {"start": "00:02:52", "end": "00:03:00", "text": "there are an enormous amount of price"}, {"start": "00:02:56", "end": "00:03:03", "text": "predictions for the end of this year"}, {"start": "00:03:00", "end": "00:03:06", "text": "beginning to float around. Not some, a"}, {"start": "00:03:03", "end": "00:03:09", "text": "lot. We are getting a gargantuan amount"}, {"start": "00:03:06", "end": "00:03:11", "text": "of where XRP is going to be. We had"}, {"start": "00:03:09", "end": "00:03:16", "text": "something if you weren't here a few days"}, {"start": "00:03:11", "end": "00:03:19", "text": "ago. There were multiple uh higherups"}, {"start": "00:03:16", "end": "00:03:22", "text": "and well-knowns within the crypto market"}, {"start": "00:03:19", "end": "00:03:24", "text": "announcing their expectations for the"}, {"start": "00:03:22", "end": "00:03:28", "text": "next couple of weeks"}, {"start": "00:03:24", "end": "00:03:31", "text": "for a $5,000 and a $6,000 Ethereum,"}, {"start": "00:03:28", "end": "00:03:34", "text": "which would of course push uh altcoin"}, {"start": "00:03:31", "end": "00:03:37", "text": "prices up a lot higher. Uh the"}, {"start": "00:03:34", "end": "00:03:39", "text": "expectation and I say it this way for a"}, {"start": "00:03:37", "end": "00:03:44", "text": "100,000"}, {"start": "00:03:39", "end": "00:03:46", "text": "Bitcoin again are apparently days away"}, {"start": "00:03:44", "end": "00:03:50", "text": "because a lot of the news clustered"}, {"start": "00:03:46", "end": "00:03:52", "text": "recently around this idea that we are"}, {"start": "00:03:50", "end": "00:03:54", "text": "like going through the threshold."}, {"start": "00:03:52", "end": "00:03:57", "text": "something amazing is about to happen and"}, {"start": "00:03:54", "end": "00:03:59", "text": "it's going to translate into a higher"}, {"start": "00:03:57", "end": "00:04:02", "text": "Bitcoin price which then pushes Ethereum"}, {"start": "00:03:59", "end": "00:04:04", "text": "up which then pushes XRP up which then"}, {"start": "00:04:02", "end": "00:04:06", "text": "pushes all the altcoins up and this is"}, {"start": "00:04:04", "end": "00:04:09", "text": "before"}, {"start": "00:04:06", "end": "00:04:11", "text": "we've even spoken about 2027"}, {"start": "00:04:09", "end": "00:04:13", "text": "which is also meant to be a tremendous"}, {"start": "00:04:11", "end": "00:04:17", "text": "year for money making in the crypto"}, {"start": "00:04:13", "end": "00:04:21", "text": "market which then slides us into 2028"}, {"start": "00:04:17", "end": "00:04:24", "text": "which is the having which then procures"}, {"start": "00:04:21", "end": "00:04:28", "text": "the half a million dollar to a $1"}, {"start": "00:04:24", "end": "00:04:30", "text": "million Bitcoin by 2030. Everyone seems"}, {"start": "00:04:28", "end": "00:04:32", "text": "adamant that these things are going to"}, {"start": "00:04:30", "end": "00:04:36", "text": "happen. This isn't like a uh from from"}, {"start": "00:04:32", "end": "00:04:38", "text": "our vantage point, you and I, this isn't"}, {"start": "00:04:36", "end": "00:04:41", "text": "some kind of a a question mark in the"}, {"start": "00:04:38", "end": "00:04:43", "text": "air. These people are telling us"}, {"start": "00:04:41", "end": "00:04:46", "text": "explicitly this is where things are"}, {"start": "00:04:43", "end": "00:04:48", "text": "going to go. That's once again, if you"}, {"start": "00:04:46", "end": "00:04:52", "text": "haven't been here, I'm just informing"}, {"start": "00:04:48", "end": "00:04:55", "text": "you of what's been going on. For those"}, {"start": "00:04:52", "end": "00:04:59", "text": "of you not looking at the screen, it"}, {"start": "00:04:55", "end": "00:05:03", "text": "says Bitcoin confirms golden cross. It"}, {"start": "00:04:59", "end": "00:05:08", "text": "is eyeing $100,000"}, {"start": "00:05:03", "end": "00:05:13", "text": "per coin as ETF inflows hit $3.8"}, {"start": "00:05:08", "end": "00:05:16", "text": "billion US. This is tied"}, {"start": "00:05:13", "end": "00:05:19", "text": "[snorts] heavily around current world"}, {"start": "00:05:16", "end": "00:05:21", "text": "events. if you haven't seen or just"}, {"start": "00:05:19", "end": "00:05:24", "text": "maybe you avoided them. I get it."}, {"start": "00:05:21", "end": "00:05:25", "text": "Sometimes, you know, the news can be a"}, {"start": "00:05:24", "end": "00:05:27", "text": "bit newsy."}, {"start": "00:05:25", "end": "00:05:30", "text": "US debt levels are actually"}, {"start": "00:05:27", "end": "00:05:32", "text": "unsustainable. This isn't like a a 2012"}, {"start": "00:05:30", "end": "00:05:34", "text": "2013 conversation where we're like,"}, {"start": "00:05:32", "end": "00:05:36", "text": "\"Yeah, in the future things are going to"}, {"start": "00:05:34", "end": "00:05:41", "text": "be bad.\" No, they're actually like"}, {"start": "00:05:36", "end": "00:05:41", "text": "horrifically awful."}, {"start": "00:05:41", "end": "00:05:44", "text": "Personal debt levels are also"}, {"start": "00:05:42", "end": "00:05:48", "text": "skyrocketing as well within the United"}, {"start": "00:05:44", "end": "00:05:50", "text": "States. The US has a current problem"}, {"start": "00:05:48", "end": "00:05:52", "text": "where no one's buying their bonds. Their"}, {"start": "00:05:50", "end": "00:05:56", "text": "treasuries are basically sitting there."}, {"start": "00:05:52", "end": "00:06:00", "text": "A lot of the hope is resting on the idea"}, {"start": "00:05:56", "end": "00:06:02", "text": "that if the Clarity Act passes, a number"}, {"start": "00:06:00", "end": "00:06:05", "text": "of high ranking companies within the"}, {"start": "00:06:02", "end": "00:06:08", "text": "United States are going to legally then"}, {"start": "00:06:05", "end": "00:06:10", "text": "have the clarity and rules that they"}, {"start": "00:06:08", "end": "00:06:13", "text": "need or want to be able to make their"}, {"start": "00:06:10", "end": "00:06:17", "text": "own stable coins. that would in turn"}, {"start": "00:06:13", "end": "00:06:19", "text": "allow Apple, Amazon, etc., etc. to be"}, {"start": "00:06:17", "end": "00:06:22", "text": "able to make their own coins and they"}, {"start": "00:06:19", "end": "00:06:24", "text": "would then buy the treasury bills that"}, {"start": "00:06:22", "end": "00:06:27", "text": "no one else is buying."}, {"start": "00:06:24", "end": "00:06:31", "text": "So, because we're seeing the heavy"}, {"start": "00:06:27", "end": "00:06:33", "text": "buckling of the US economy as well as"}, {"start": "00:06:31", "end": "00:06:35", "text": "the Japanese economy, which you might"}, {"start": "00:06:33", "end": "00:06:36", "text": "have been seeing more in the news"}, {"start": "00:06:35", "end": "00:06:39", "text": "recently, like why is Japan in the news"}, {"start": "00:06:36", "end": "00:06:43", "text": "so much? Basically, wealthy people,"}, {"start": "00:06:39", "end": "00:06:46", "text": "wealthy people since around 1992,"}, {"start": "00:06:43", "end": "00:06:48", "text": "yeah, that long ago, have been using"}, {"start": "00:06:46", "end": "00:06:50", "text": "Japan as a place to get free money"}, {"start": "00:06:48", "end": "00:06:53", "text": "because they had 0% interest rates"}, {"start": "00:06:50", "end": "00:06:56", "text": "because Japan's currency is slamming"}, {"start": "00:06:53", "end": "00:06:59", "text": "into the ground and people within Japan"}, {"start": "00:06:56", "end": "00:07:02", "text": "are beginning to worry about their"}, {"start": "00:06:59", "end": "00:07:05", "text": "economic future. The Japanese government"}, {"start": "00:07:02", "end": "00:07:09", "text": "is raising interest rates as a way to"}, {"start": "00:07:05", "end": "00:07:12", "text": "slow down inflation and to appease"}, {"start": "00:07:09", "end": "00:07:14", "text": "people from not losing it. Uh that has"}, {"start": "00:07:12", "end": "00:07:18", "text": "of course spooked world markets because"}, {"start": "00:07:14", "end": "00:07:20", "text": "for almost almost 40 years they've been"}, {"start": "00:07:18", "end": "00:07:23", "text": "using Japan as a place to get free"}, {"start": "00:07:20", "end": "00:07:25", "text": "money. That's no longer the case as we"}, {"start": "00:07:23", "end": "00:07:27", "text": "are apparently hearing that Japan might"}, {"start": "00:07:25", "end": "00:07:31", "text": "continue to raise their interest rate."}, {"start": "00:07:27", "end": "00:07:33", "text": "So, uh, one of the theories has been,"}, {"start": "00:07:31", "end": "00:07:37", "text": "we've actually heard this from multiple"}, {"start": "00:07:33", "end": "00:07:40", "text": "people, that as it would appear, the AI"}, {"start": "00:07:37", "end": "00:07:44", "text": "sector might be stumbling, who can say"}, {"start": "00:07:40", "end": "00:07:47", "text": "for certain, I sure can't. Um, a lot of"}, {"start": "00:07:44", "end": "00:07:48", "text": "these richer people have begun to say"}, {"start": "00:07:47", "end": "00:07:51", "text": "that because of what's happening in"}, {"start": "00:07:48", "end": "00:07:55", "text": "Japan, because of the"}, {"start": "00:07:51", "end": "00:07:58", "text": "shakes in the AI sector across Asia,"}, {"start": "00:07:55", "end": "00:08:00", "text": "across the states, it would appear that"}, {"start": "00:07:58", "end": "00:08:04", "text": "a lot of people are rotating their"}, {"start": "00:08:00", "end": "00:08:06", "text": "capital out of the AI market"}, {"start": "00:08:04", "end": "00:08:08", "text": "and they're moving it back into the"}, {"start": "00:08:06", "end": "00:08:13", "text": "cryptocurrency space looking for good"}, {"start": "00:08:08", "end": "00:08:16", "text": "returns. If the AI sector was promised"}, {"start": "00:08:13", "end": "00:08:19", "text": "180% returns year onear and that might"}, {"start": "00:08:16", "end": "00:08:21", "text": "not potentially be the case, so saith"}, {"start": "00:08:19", "end": "00:08:23", "text": "the news. They're now looking towards"}, {"start": "00:08:21", "end": "00:08:27", "text": "the cryptocurrency market as a very"}, {"start": "00:08:23", "end": "00:08:31", "text": "opportune time as we"}, {"start": "00:08:27", "end": "00:08:34", "text": "might be entering the bull market again"}, {"start": "00:08:31", "end": "00:08:36", "text": "and with expectations of Bitcoin's price"}, {"start": "00:08:34", "end": "00:08:39", "text": "doing a"}, {"start": "00:08:36", "end": "00:08:43", "text": "a 7 8 9x"}, {"start": "00:08:39", "end": "00:08:46", "text": "Ethereum potentially doing a 22x in"}, {"start": "00:08:43", "end": "00:08:48", "text": "price over the next three years. That's"}, {"start": "00:08:46", "end": "00:08:52", "text": "where we're seeing all this money. We"}, {"start": "00:08:48", "end": "00:08:55", "text": "had a slowdown in uh ETF accumulations"}, {"start": "00:08:52", "end": "00:08:58", "text": "through I want to say late winter, early"}, {"start": "00:08:55", "end": "00:09:02", "text": "spring if you weren't here. Uh it's not"}, {"start": "00:08:58", "end": "00:09:05", "text": "that it was even bad. Instead of having"}, {"start": "00:09:02", "end": "00:09:10", "text": "$128 million worth of accumulations per"}, {"start": "00:09:05", "end": "00:09:12", "text": "day, it was like 22 million, 14 million."}, {"start": "00:09:10", "end": "00:09:15", "text": "Even the outflows once again became"}, {"start": "00:09:12", "end": "00:09:17", "text": "inflows of the exact same amount. But"}, {"start": "00:09:15", "end": "00:09:22", "text": "now this is different because these are"}, {"start": "00:09:17", "end": "00:09:25", "text": "like these are bull run inflows."}, {"start": "00:09:22", "end": "00:09:27", "text": "These are the $3.8 billion. This is over"}, {"start": "00:09:25", "end": "00:09:29", "text": "the course of of of I think like a"}, {"start": "00:09:27", "end": "00:09:32", "text": "couple of days if not like maybe two or"}, {"start": "00:09:29", "end": "00:09:35", "text": "three weeks."}, {"start": "00:09:32", "end": "00:09:37", "text": "So the accumulation levels are"}, {"start": "00:09:35", "end": "00:09:40", "text": "deepening. They're getting a little bit"}, {"start": "00:09:37", "end": "00:09:45", "text": "crazier than we could have imagined. And"}, {"start": "00:09:40", "end": "00:09:48", "text": "this relies on the idea that the US"}, {"start": "00:09:45", "end": "00:09:51", "text": "economy might actually be in trouble. We"}, {"start": "00:09:48", "end": "00:09:54", "text": "could be entering some kind of a not"}, {"start": "00:09:51", "end": "00:09:56", "text": "even a recession like just worldwide."}, {"start": "00:09:54", "end": "00:09:58", "text": "We're seeing more and more even like"}, {"start": "00:09:56", "end": "00:10:01", "text": "normal people. We're not talking about"}, {"start": "00:09:58", "end": "00:10:03", "text": "governments accumulating crypto. We're"}, {"start": "00:10:01", "end": "00:10:05", "text": "talking about from a a normal basis."}, {"start": "00:10:03", "end": "00:10:08", "text": "There are a lot of reports the last few"}, {"start": "00:10:05", "end": "00:10:10", "text": "weeks from the International Monetary"}, {"start": "00:10:08", "end": "00:10:12", "text": "Fund and the Bank for International"}, {"start": "00:10:10", "end": "00:10:14", "text": "Settlements, if you haven't been here,"}, {"start": "00:10:12", "end": "00:10:16", "text": "reporting that a lot more people around"}, {"start": "00:10:14", "end": "00:10:19", "text": "the world are beginning to actually use"}, {"start": "00:10:16", "end": "00:10:22", "text": "crypto as a way to avoid their"}, {"start": "00:10:19", "end": "00:10:24", "text": "depreciating uh currencies and or have"}, {"start": "00:10:22", "end": "00:10:26", "text": "some kind of stability. If you weren't"}, {"start": "00:10:24", "end": "00:10:28", "text": "here, the most recent one that we had,"}, {"start": "00:10:26", "end": "00:10:31", "text": "not the one from Brazil, we had one"}, {"start": "00:10:28", "end": "00:10:33", "text": "about South Korea, is that apparently a"}, {"start": "00:10:31", "end": "00:10:36", "text": "large amount of people in South Korea"}, {"start": "00:10:33", "end": "00:10:38", "text": "are beginning to use uh Tether to"}, {"start": "00:10:36", "end": "00:10:42", "text": "actually uh"}, {"start": "00:10:38", "end": "00:10:44", "text": "spend send money back and forth as a"}, {"start": "00:10:42", "end": "00:10:48", "text": "means of getting around the wan. And"}, {"start": "00:10:44", "end": "00:10:50", "text": "also this constant news of people buying"}, {"start": "00:10:48", "end": "00:10:53", "text": "in many different countries"}, {"start": "00:10:50", "end": "00:10:56", "text": "buying small amounts of Bitcoin as like"}, {"start": "00:10:53", "end": "00:10:58", "text": "a savings account because also if we are"}, {"start": "00:10:56", "end": "00:11:02", "text": "hearing the news does trickle down. If"}, {"start": "00:10:58", "end": "00:11:04", "text": "we are hearing that Bitcoin is going to"}, {"start": "00:11:02", "end": "00:11:06", "text": "half a million dollars, these people are"}, {"start": "00:11:04", "end": "00:11:08", "text": "also like okay cool well my bank"}, {"start": "00:11:06", "end": "00:11:11", "text": "account's not giving me that money. My"}, {"start": "00:11:08", "end": "00:11:13", "text": "paycheck sure as heck is not about to do"}, {"start": "00:11:11", "end": "00:11:17", "text": "an 8x from what it currently is. So"}, {"start": "00:11:13", "end": "00:11:19", "text": "people are throwing money into the"}, {"start": "00:11:17", "end": "00:11:22", "text": "crypto space into Bitcoin which is also"}, {"start": "00:11:19", "end": "00:11:23", "text": "probably causing this rush for these"}, {"start": "00:11:22", "end": "00:11:26", "text": "institutions to throw billions of"}, {"start": "00:11:23", "end": "00:11:28", "text": "dollars into the ETF market because they"}, {"start": "00:11:26", "end": "00:11:30", "text": "have this fear that they simply won't"}, {"start": "00:11:28", "end": "00:11:33", "text": "have enough but you know they"}, {"start": "00:11:30", "end": "00:11:36", "text": "I would dare say several million is is"}, {"start": "00:11:33", "end": "00:11:40", "text": "probably fine. The idea of the Bitcoin"}, {"start": "00:11:36", "end": "00:11:42", "text": "Golden Cross has been uh huge. It says,"}, {"start": "00:11:40", "end": "00:11:46", "text": "\"Bitcoin golden cross confirmed as"}, {"start": "00:11:42", "end": "00:11:50", "text": "50-day SMA overtakes the 200 day."}, {"start": "00:11:46", "end": "00:11:54", "text": "Bitcoin printed a grow a groen cross a"}, {"start": "00:11:50", "end": "00:11:57", "text": "golden cross as the 50-day SMA crossed"}, {"start": "00:11:54", "end": "00:12:02", "text": "the 200 day. Only three of the past 12"}, {"start": "00:11:57", "end": "00:12:07", "text": "crosses held for a year, averaging 250%"}, {"start": "00:12:02", "end": "00:12:10", "text": "gains over the course of 12 months."}, {"start": "00:12:07", "end": "00:12:14", "text": "Everyone's quite hyped"}, {"start": "00:12:10", "end": "00:12:18", "text": "for uh what apparently is going to be uh"}, {"start": "00:12:14", "end": "00:12:21", "text": "coming next. Also in the news,"}, {"start": "00:12:18", "end": "00:12:24", "text": "um the company called Winter Mute. It"}, {"start": "00:12:21", "end": "00:12:26", "text": "says Winter Mute flags historic shift."}, {"start": "00:12:24", "end": "00:12:30", "text": "Bitcoin [snorts] bottoms are getting"}, {"start": "00:12:26", "end": "00:12:33", "text": "less brutal. Uh this has to do with the"}, {"start": "00:12:30", "end": "00:12:37", "text": "institutional capital uh moving in and"}, {"start": "00:12:33", "end": "00:12:39", "text": "staying in place. Remember the the idea"}, {"start": "00:12:37", "end": "00:12:42", "text": "that I gave you? If you have a million"}, {"start": "00:12:39", "end": "00:12:44", "text": "homes and there are a million people who"}, {"start": "00:12:42", "end": "00:12:46", "text": "own those homes and there is some kind"}, {"start": "00:12:44", "end": "00:12:50", "text": "of an economic downfall, you're going to"}, {"start": "00:12:46", "end": "00:12:52", "text": "see around 50 60 70% of those homes go"}, {"start": "00:12:50", "end": "00:12:54", "text": "on sale by the people owning them for"}, {"start": "00:12:52", "end": "00:12:56", "text": "whatever the thousands of different"}, {"start": "00:12:54", "end": "00:12:58", "text": "reasons might be. A huge amount of homes"}, {"start": "00:12:56", "end": "00:13:01", "text": "are going to hit the market and housing"}, {"start": "00:12:58", "end": "00:13:03", "text": "prices will fall. Now, if you have a"}, {"start": "00:13:01", "end": "00:13:05", "text": "million homes and they are owned by,"}, {"start": "00:13:03", "end": "00:13:07", "text": "this is the idea,"}, {"start": "00:13:05", "end": "00:13:10", "text": "you have a million homes and they are"}, {"start": "00:13:07", "end": "00:13:13", "text": "owned by 10 companies, you have some"}, {"start": "00:13:10", "end": "00:13:16", "text": "kind of massive economic downturn, you"}, {"start": "00:13:13", "end": "00:13:19", "text": "might see around 3,000"}, {"start": "00:13:16", "end": "00:13:21", "text": "of those million homes actually enter"}, {"start": "00:13:19", "end": "00:13:22", "text": "the market. Why? It's because of, first"}, {"start": "00:13:21", "end": "00:13:25", "text": "of all, the economic stability that you"}, {"start": "00:13:22", "end": "00:13:27", "text": "get from just holding on to those homes"}, {"start": "00:13:25", "end": "00:13:28", "text": "and getting the rent from them to be"}, {"start": "00:13:27", "end": "00:13:30", "text": "able to pay off any additional debts"}, {"start": "00:13:28", "end": "00:13:32", "text": "that you might have. is, you know, it's"}, {"start": "00:13:30", "end": "00:13:35", "text": "too good to let go. The same exact thing"}, {"start": "00:13:32", "end": "00:13:38", "text": "holds true for crypto. Right now, crypto"}, {"start": "00:13:35", "end": "00:13:41", "text": "has moved into this uh while we may be"}, {"start": "00:13:38", "end": "00:13:45", "text": "over a $1 something trillion market, we"}, {"start": "00:13:41", "end": "00:13:47", "text": "are performing like we have 20 trillion"}, {"start": "00:13:45", "end": "00:13:50", "text": "in our space. The way that it works is,"}, {"start": "00:13:47", "end": "00:13:52", "text": "as we've been going over for the last"}, {"start": "00:13:50", "end": "00:13:55", "text": "two years,"}, {"start": "00:13:52", "end": "00:13:59", "text": "anytime Bitcoin has been sold off,"}, {"start": "00:13:55", "end": "00:14:01", "text": "anytime any people let go of their XRP,"}, {"start": "00:13:59", "end": "00:14:03", "text": "anytime people were like, I don't really"}, {"start": "00:14:01", "end": "00:14:06", "text": "like Ethereum anymore, and they sold it"}, {"start": "00:14:03", "end": "00:14:10", "text": "on Coinbase, Kraken, or Binance, those"}, {"start": "00:14:06", "end": "00:14:13", "text": "coins were immediately"}, {"start": "00:14:10", "end": "00:14:14", "text": "immediately purchased by Wales. How do"}, {"start": "00:14:13", "end": "00:14:17", "text": "we know that? because we've had this"}, {"start": "00:14:14", "end": "00:14:23", "text": "news at least"}, {"start": "00:14:17", "end": "00:14:26", "text": "at least 400 times in the last 700 days."}, {"start": "00:14:23", "end": "00:14:28", "text": "So what happens is is that as people"}, {"start": "00:14:26", "end": "00:14:30", "text": "capitulate, as people leave the market,"}, {"start": "00:14:28", "end": "00:14:33", "text": "as people sell off, normally we would"}, {"start": "00:14:30", "end": "00:14:34", "text": "see a cascade in prices, like something"}, {"start": "00:14:33", "end": "00:14:37", "text": "quite dramatic. We went over this a"}, {"start": "00:14:34", "end": "00:14:41", "text": "couple days ago. What we would normally"}, {"start": "00:14:37", "end": "00:14:44", "text": "see is around a 70 80% drop in Bitcoin's"}, {"start": "00:14:41", "end": "00:14:48", "text": "prices. If you haven't been here before,"}, {"start": "00:14:44", "end": "00:14:51", "text": "when the bull market is over, I did air"}, {"start": "00:14:48", "end": "00:14:54", "text": "quotes. Bitcoin's price would slide."}, {"start": "00:14:51", "end": "00:14:56", "text": "Altcoins would collapse. Bitcoin over"}, {"start": "00:14:54", "end": "00:15:00", "text": "the course of three or four months would"}, {"start": "00:14:56", "end": "00:15:02", "text": "go down around 30, 40, 50, 60%. Finally"}, {"start": "00:15:00", "end": "00:15:04", "text": "bottoming somewhere around 80%. This is"}, {"start": "00:15:02", "end": "00:15:07", "text": "when you would hear in the news from all"}, {"start": "00:15:04", "end": "00:15:08", "text": "these like uh these losers who are"}, {"start": "00:15:07", "end": "00:15:10", "text": "always in the news and like I told you"}, {"start": "00:15:08", "end": "00:15:13", "text": "Bitcoin was going to fall. the these"}, {"start": "00:15:10", "end": "00:15:18", "text": "kinds of people talking about how low it"}, {"start": "00:15:13", "end": "00:15:21", "text": "went, altcoins would fall by 90 to 99%."}, {"start": "00:15:18", "end": "00:15:23", "text": "That is not a fake number,"}, {"start": "00:15:21", "end": "00:15:28", "text": "99%."}, {"start": "00:15:23", "end": "00:15:32", "text": "But because of the year-long selloff by"}, {"start": "00:15:28", "end": "00:15:36", "text": "retail investors and the slow slashfast"}, {"start": "00:15:32", "end": "00:15:40", "text": "accumulation over the course of 365"}, {"start": "00:15:36", "end": "00:15:42", "text": "days, the we didn't slam down. We didn't"}, {"start": "00:15:40", "end": "00:15:44", "text": "fall down as much as we normally would"}, {"start": "00:15:42", "end": "00:15:48", "text": "have. This is why the expectations for a"}, {"start": "00:15:44", "end": "00:15:51", "text": "bounce up are so high. If Bitcoin had"}, {"start": "00:15:48", "end": "00:15:54", "text": "gone from 125,000"}, {"start": "00:15:51", "end": "00:15:56", "text": "back to 35,000, the expectations for"}, {"start": "00:15:54", "end": "00:16:01", "text": "future prices would be, okay, Bitcoin's"}, {"start": "00:15:56", "end": "00:16:03", "text": "going to 180. Maybe we can hit 200,000."}, {"start": "00:16:01", "end": "00:16:05", "text": "Bitcoin didn't fall that far. Ethereum"}, {"start": "00:16:03", "end": "00:16:07", "text": "didn't fall that far. XRP didn't fall"}, {"start": "00:16:05", "end": "00:16:09", "text": "that far. This is why we keep getting"}, {"start": "00:16:07", "end": "00:16:12", "text": "these like bigger numbers because the"}, {"start": "00:16:09", "end": "00:16:15", "text": "downfall wasn't as large. It says"}, {"start": "00:16:12", "end": "00:16:20", "text": "Bitcoin's latest downturn looks less"}, {"start": "00:16:15", "end": "00:16:22", "text": "severe than previous bare markets with"}, {"start": "00:16:20", "end": "00:16:27", "text": "Wintermute noting that Bitcoin is now"}, {"start": "00:16:22", "end": "00:16:30", "text": "about 50% below its peak for 340 days"}, {"start": "00:16:27", "end": "00:16:33", "text": "after the top compared with average"}, {"start": "00:16:30", "end": "00:16:38", "text": "losses around 75%"}, {"start": "00:16:33", "end": "00:16:40", "text": "at the same stage in 2018 and 2022."}, {"start": "00:16:38", "end": "00:16:43", "text": "The trading firm argues that Bitcoin"}, {"start": "00:16:40", "end": "00:16:46", "text": "cycles are bottoming at progressively"}, {"start": "00:16:43", "end": "00:16:48", "text": "smaller down draw downs, although it"}, {"start": "00:16:46", "end": "00:16:51", "text": "stopped short of confirming that June"}, {"start": "00:16:48", "end": "00:16:54", "text": "was the final low. If you weren't here"}, {"start": "00:16:51", "end": "00:16:57", "text": "in summertime, like summer summertime,"}, {"start": "00:16:54", "end": "00:16:59", "text": "uh the expectation, if you remember, was"}, {"start": "00:16:57", "end": "00:17:03", "text": "that Bitcoin would bounce, I think it"}, {"start": "00:16:59", "end": "00:17:06", "text": "was bounce off of 59,000 and we did. It"}, {"start": "00:17:03", "end": "00:17:08", "text": "went up to 60, 70, and 80. This is where"}, {"start": "00:17:06", "end": "00:17:13", "text": "all the the hype is coming from because"}, {"start": "00:17:08", "end": "00:17:16", "text": "everyone's like we if you weren't here"}, {"start": "00:17:13", "end": "00:17:18", "text": "when Bitcoin was at 59,000."}, {"start": "00:17:16", "end": "00:17:21", "text": "How many of you remember this? Uh there"}, {"start": "00:17:18", "end": "00:17:23", "text": "were a number of analysts"}, {"start": "00:17:21", "end": "00:17:26", "text": "Uhhuh. on Twitter and other places who"}, {"start": "00:17:23", "end": "00:17:28", "text": "were like, \"Yeah, you know, Bitcoin has"}, {"start": "00:17:26", "end": "00:17:31", "text": "to fall lower. Bitcoin has historically"}, {"start": "00:17:28", "end": "00:17:34", "text": "always fallen lower. So Bitcoin's"}, {"start": "00:17:31", "end": "00:17:36", "text": "definitely going to $30,000 a coin.\" And"}, {"start": "00:17:34", "end": "00:17:40", "text": "I was like,"}, {"start": "00:17:36", "end": "00:17:42", "text": "have have you missed all the news from"}, {"start": "00:17:40", "end": "00:17:44", "text": "the last year? You don't see these"}, {"start": "00:17:42", "end": "00:17:46", "text": "institutions buying up all these coins"}, {"start": "00:17:44", "end": "00:17:50", "text": "every time we got some kind of news"}, {"start": "00:17:46", "end": "00:17:53", "text": "about $27 million worth of outflows from"}, {"start": "00:17:50", "end": "00:17:56", "text": "the ETFs. I was like, well, we also we"}, {"start": "00:17:53", "end": "00:17:59", "text": "also just got news that like $1 billion"}, {"start": "00:17:56", "end": "00:18:01", "text": "was just taken off of crypto exchanges"}, {"start": "00:17:59", "end": "00:18:04", "text": "in the like in the form of Bitcoin. And"}, {"start": "00:18:01", "end": "00:18:06", "text": "then a week later, the inflows to the"}, {"start": "00:18:04", "end": "00:18:07", "text": "ETFs was a billion dollars. And I'm"}, {"start": "00:18:06", "end": "00:18:09", "text": "like,"}, {"start": "00:18:07", "end": "00:18:11", "text": "I feel like you didn't carry the one."}, {"start": "00:18:09", "end": "00:18:13", "text": "Like I I [laughter] just kind of feel"}, {"start": "00:18:11", "end": "00:18:17", "text": "like you're not paying attention to the"}, {"start": "00:18:13", "end": "00:18:20", "text": "actual numbers. Yeah. So,"}, {"start": "00:18:17", "end": "00:18:23", "text": "uh, this it's not even that it's obvious"}, {"start": "00:18:20", "end": "00:18:26", "text": "so much as we should have all been able"}, {"start": "00:18:23", "end": "00:18:28", "text": "to recognize that, uh, the people from"}, {"start": "00:18:26", "end": "00:18:31", "text": "Black Rockck and Fidelity and Morgan"}, {"start": "00:18:28", "end": "00:18:35", "text": "Stanley and JP Morgan and Goldman Sachs"}, {"start": "00:18:31", "end": "00:18:37", "text": "in the last six months getting on stage"}, {"start": "00:18:35", "end": "00:18:40", "text": "talking about like how amazing Bitcoin"}, {"start": "00:18:37", "end": "00:18:43", "text": "and crypto are and how they're"}, {"start": "00:18:40", "end": "00:18:46", "text": "tokenizing stuff. Like did people did"}, {"start": "00:18:43", "end": "00:18:48", "text": "people miss the part where JP Morgan and"}, {"start": "00:18:46", "end": "00:18:50", "text": "Black Rockck were like, \"Yeah, like"}, {"start": "00:18:48", "end": "00:18:51", "text": "we're tokenizing like billions of"}, {"start": "00:18:50", "end": "00:18:53", "text": "dollars worth of stuff on Ethereum right"}, {"start": "00:18:51", "end": "00:18:56", "text": "now.\" And people were just like, \"Yeah,"}, {"start": "00:18:53", "end": "00:19:00", "text": "prices go lower.\""}, {"start": "00:18:56", "end": "00:19:03", "text": "So, um, even wilder is that of course"}, {"start": "00:19:00", "end": "00:19:07", "text": "people are expecting much higher prices."}, {"start": "00:19:03", "end": "00:19:10", "text": "Like I said, we are days away days away"}, {"start": "00:19:07", "end": "00:19:12", "text": "from seeing what transpires."}, {"start": "00:19:10", "end": "00:19:14", "text": "uh just because everything is kind of on"}, {"start": "00:19:12", "end": "00:19:16", "text": "the table right now. We don't know if"}, {"start": "00:19:14", "end": "00:19:18", "text": "people participating in the stock market"}, {"start": "00:19:16", "end": "00:19:21", "text": "are going to be terrified of what's"}, {"start": "00:19:18", "end": "00:19:24", "text": "happening uh with markets right now. We"}, {"start": "00:19:21", "end": "00:19:25", "text": "don't know if AI is going to rebound. We"}, {"start": "00:19:24", "end": "00:19:27", "text": "don't know what's happening with a lot"}, {"start": "00:19:25", "end": "00:19:30", "text": "of these different companies. We're"}, {"start": "00:19:27", "end": "00:19:34", "text": "getting so many discussions about like"}, {"start": "00:19:30", "end": "00:19:36", "text": "debt and debt levels and uh inflation."}, {"start": "00:19:34", "end": "00:19:38", "text": "If you haven't seen, people are like"}, {"start": "00:19:36", "end": "00:19:41", "text": "there a number of publications they're"}, {"start": "00:19:38", "end": "00:19:44", "text": "already releasing uh projections for"}, {"start": "00:19:41", "end": "00:19:49", "text": "where they see inflation"}, {"start": "00:19:44", "end": "00:19:53", "text": "uh next year and it's like it's like bad"}, {"start": "00:19:49", "end": "00:19:56", "text": "bad bad bad like they're so you know how"}, {"start": "00:19:53", "end": "00:19:59", "text": "like the normal numbers that we keep"}, {"start": "00:19:56", "end": "00:20:01", "text": "getting are like 2.9 3.1 when we know"}, {"start": "00:19:59", "end": "00:20:02", "text": "that it's higher. They're saying that"}, {"start": "00:20:01", "end": "00:20:06", "text": "they're expecting governments to"}, {"start": "00:20:02", "end": "00:20:08", "text": "announce openly that inflation rates in"}, {"start": "00:20:06", "end": "00:20:10", "text": "2027 are going to be around like 5 to"}, {"start": "00:20:08", "end": "00:20:12", "text": "7%."}, {"start": "00:20:10", "end": "00:20:16", "text": "Which means the actual inflation rates"}, {"start": "00:20:12", "end": "00:20:18", "text": "are around 35% plus depending on how you"}, {"start": "00:20:16", "end": "00:20:22", "text": "look at real world things. Anyway, um"}, {"start": "00:20:18", "end": "00:20:24", "text": "yes, lot of weight, lot of weight on the"}, {"start": "00:20:22", "end": "00:20:26", "text": "shoulders of the crypto market right"}, {"start": "00:20:24", "end": "00:20:30", "text": "now."}, {"start": "00:20:26", "end": "00:20:32", "text": "Uh, 21 shares is in the news. For those"}, {"start": "00:20:30", "end": "00:20:36", "text": "of you not looking at the screen, it"}, {"start": "00:20:32", "end": "00:20:39", "text": "says 21 shares defends Ripple and 21"}, {"start": "00:20:36", "end": "00:20:44", "text": "shares has set a $245"}, {"start": "00:20:39", "end": "00:20:48", "text": "XRP price target for 2026."}, {"start": "00:20:44", "end": "00:20:54", "text": "uh we have and I mean it's it's just a"}, {"start": "00:20:48", "end": "00:20:56", "text": "matter of time but my impatience is is"}, {"start": "00:20:54", "end": "00:21:00", "text": "mounting in a multitude of different"}, {"start": "00:20:56", "end": "00:21:03", "text": "ways. I think we just need Bitcoin to go"}, {"start": "00:21:00", "end": "00:21:05", "text": "over 100,000 and then this this kind of"}, {"start": "00:21:03", "end": "00:21:08", "text": "discussion about anything else will kind"}, {"start": "00:21:05", "end": "00:21:11", "text": "of evaporate in some in some form or"}, {"start": "00:21:08", "end": "00:21:13", "text": "fashion. The amount of pri I told you"}, {"start": "00:21:11", "end": "00:21:16", "text": "the amount of price predictions for"}, {"start": "00:21:13", "end": "00:21:19", "text": "these coins are kind of everywhere."}, {"start": "00:21:16", "end": "00:21:22", "text": "The expectations for XRP next year are"}, {"start": "00:21:19", "end": "00:21:26", "text": "ranging roughly around like $8 to $10."}, {"start": "00:21:22", "end": "00:21:30", "text": "This is the momentum of us getting into"}, {"start": "00:21:26", "end": "00:21:33", "text": "uh a 105 $20,000"}, {"start": "00:21:30", "end": "00:21:36", "text": "Ethereum and all these other kinds of"}, {"start": "00:21:33", "end": "00:21:39", "text": "things. This isn't uncommon. This isn't"}, {"start": "00:21:36", "end": "00:21:41", "text": "unorthodox. It might even be a bit low"}, {"start": "00:21:39", "end": "00:21:42", "text": "as there are a lot of if you've checked"}, {"start": "00:21:41", "end": "00:21:46", "text": "around online, if you've heard the"}, {"start": "00:21:42", "end": "00:21:51", "text": "whispers, a lot of people are expecting"}, {"start": "00:21:46", "end": "00:21:55", "text": "a a three to5 XRP sometime in winter."}, {"start": "00:21:51", "end": "00:21:57", "text": "The way that it would work out is"}, {"start": "00:21:55", "end": "00:22:00", "text": "as we historically"}, {"start": "00:21:57", "end": "00:22:02", "text": "usually have a a bare market for roughly"}, {"start": "00:22:00", "end": "00:22:06", "text": "around a year."}, {"start": "00:22:02", "end": "00:22:10", "text": "This would, if the numbers are correct,"}, {"start": "00:22:06", "end": "00:22:12", "text": "uh, reset on the 7th of October."}, {"start": "00:22:10", "end": "00:22:14", "text": "At that point, people are expecting, if"}, {"start": "00:22:12", "end": "00:22:15", "text": "you haven't seen the other ones, uh,"}, {"start": "00:22:14", "end": "00:22:20", "text": "it's Tom Lee and a bunch of other"}, {"start": "00:22:15", "end": "00:22:23", "text": "people, they are expecting a $150,000"}, {"start": "00:22:20", "end": "00:22:26", "text": "Bitcoin price by the end of the year."}, {"start": "00:22:23", "end": "00:22:30", "text": "December, Bitcoin's at 150,000. This"}, {"start": "00:22:26", "end": "00:22:32", "text": "isn't a then okay, well, we pause for a"}, {"start": "00:22:30", "end": "00:22:34", "text": "while. it's that the prices would"}, {"start": "00:22:32", "end": "00:22:36", "text": "continue to slowly go up. We're not"}, {"start": "00:22:34", "end": "00:22:39", "text": "talking about an incredible gains month"}, {"start": "00:22:36", "end": "00:22:43", "text": "on month. We're talking about like a a"}, {"start": "00:22:39", "end": "00:22:45", "text": "movement up of 3 4 5 6 7 8 9 somewhere"}, {"start": "00:22:43", "end": "00:22:48", "text": "around there% which is also gargantuan"}, {"start": "00:22:45", "end": "00:22:51", "text": "but for crypto it's quite common over"}, {"start": "00:22:48", "end": "00:22:52", "text": "the course of time. This is how we and I"}, {"start": "00:22:51", "end": "00:22:55", "text": "have to use the word slowly but it"}, {"start": "00:22:52", "end": "00:22:57", "text": "doesn't really apply. This is how we"}, {"start": "00:22:55", "end": "00:23:00", "text": "slowly"}, {"start": "00:22:57", "end": "00:23:02", "text": "get to a million dollar Bitcoin over the"}, {"start": "00:23:00", "end": "00:23:05", "text": "course of a like"}, {"start": "00:23:02", "end": "00:23:08", "text": "1,000 day period. I know it sounds"}, {"start": "00:23:05", "end": "00:23:12", "text": "insane, but this is quite typical for"}, {"start": "00:23:08", "end": "00:23:14", "text": "the crypto space. And as we"}, {"start": "00:23:12", "end": "00:23:16", "text": "keep hearing that all these companies"}, {"start": "00:23:14", "end": "00:23:19", "text": "and institutions are in the space of"}, {"start": "00:23:16", "end": "00:23:21", "text": "there's there's there's no way to unhype"}, {"start": "00:23:19", "end": "00:23:24", "text": "the market right now."}, {"start": "00:23:21", "end": "00:23:27", "text": "You can't tell us that ETFs, Bitcoin"}, {"start": "00:23:24", "end": "00:23:30", "text": "ETFs, had $3 billion worth of inflows in"}, {"start": "00:23:27", "end": "00:23:33", "text": "like six days and not have people go,"}, {"start": "00:23:30", "end": "00:23:36", "text": "that's a lot of monies. So, everyone"}, {"start": "00:23:33", "end": "00:23:38", "text": "knows that something is coming. everyone"}, {"start": "00:23:36", "end": "00:23:40", "text": "knows there's also I mean if you want to"}, {"start": "00:23:38", "end": "00:23:44", "text": "get even weirder about it the"}, {"start": "00:23:40", "end": "00:23:47", "text": "projections for just how low the US"}, {"start": "00:23:44", "end": "00:23:51", "text": "dollar is going to be in value by 2030"}, {"start": "00:23:47", "end": "00:23:53", "text": "is also like it's also like um is the"}, {"start": "00:23:51", "end": "00:23:56", "text": "word eye-catching I I don't even know"}, {"start": "00:23:53", "end": "00:24:02", "text": "traumatizing uh if Bitcoin goes to half"}, {"start": "00:23:56", "end": "00:24:06", "text": "a million dollars per coin by 2028 2029"}, {"start": "00:24:02", "end": "00:24:10", "text": "it's indicative of a large like"}, {"start": "00:24:06", "end": "00:24:13", "text": "massive loss of of capital in in the US"}, {"start": "00:24:10", "end": "00:24:16", "text": "market in in US bonds and US treasuries"}, {"start": "00:24:13", "end": "00:24:19", "text": "and US everything. Uh that money will"}, {"start": "00:24:16", "end": "00:24:24", "text": "have moved into the cryptocurrency"}, {"start": "00:24:19", "end": "00:24:26", "text": "sector quite quickly. Uh so we're in for"}, {"start": "00:24:24", "end": "00:24:29", "text": "something interesting over the course of"}, {"start": "00:24:26", "end": "00:24:32", "text": "the next few years. That's just going to"}, {"start": "00:24:29", "end": "00:24:33", "text": "that's the long and short of it. But uh"}, {"start": "00:24:32", "end": "00:24:36", "text": "yeah, these things are flowing around"}, {"start": "00:24:33", "end": "00:24:39", "text": "everywhere as people are just expecting"}, {"start": "00:24:36", "end": "00:24:42", "text": "uh much higher prices. For those of you"}, {"start": "00:24:39", "end": "00:24:44", "text": "not looking at the screen, it says XRP"}, {"start": "00:24:42", "end": "00:24:47", "text": "futures just posted their biggest month"}, {"start": "00:24:44", "end": "00:24:51", "text": "in six biggest month in in half a year,"}, {"start": "00:24:47", "end": "00:24:52", "text": "six months. Here's what changed. Money"}, {"start": "00:24:51", "end": "00:24:55", "text": "expectations."}, {"start": "00:24:52", "end": "00:24:58", "text": "Usually futures of all sorts. This isn't"}, {"start": "00:24:55", "end": "00:25:00", "text": "just an XRP thing. Bitcoin futures,"}, {"start": "00:24:58", "end": "00:25:02", "text": "Ethereum futures, they don't they don't"}, {"start": "00:25:00", "end": "00:25:05", "text": "have"}, {"start": "00:25:02", "end": "00:25:09", "text": "that much interest behind them. Bitcoin"}, {"start": "00:25:05", "end": "00:25:11", "text": "futures were very popular in 2017 and"}, {"start": "00:25:09", "end": "00:25:14", "text": "2018"}, {"start": "00:25:11", "end": "00:25:17", "text": "because we didn't have ETFs. People were"}, {"start": "00:25:14", "end": "00:25:20", "text": "looking for some kind of exposure to"}, {"start": "00:25:17", "end": "00:25:23", "text": "cryptocurrencies back then, but their"}, {"start": "00:25:20", "end": "00:25:25", "text": "only option was futures."}, {"start": "00:25:23", "end": "00:25:27", "text": "Period. like that that's that's that's"}, {"start": "00:25:25", "end": "00:25:29", "text": "that's the end of the entire"}, {"start": "00:25:27", "end": "00:25:32", "text": "conversation there. So what ended up"}, {"start": "00:25:29", "end": "00:25:36", "text": "happening was uh is by the time we got"}, {"start": "00:25:32", "end": "00:25:38", "text": "to 2019 2020 you might remember famously"}, {"start": "00:25:36", "end": "00:25:41", "text": "the New York Stock Exchange had their"}, {"start": "00:25:38", "end": "00:25:44", "text": "own uh Bitcoin futures and the volume"}, {"start": "00:25:41", "end": "00:25:47", "text": "was zero"}, {"start": "00:25:44", "end": "00:25:49", "text": "like like zero dollars like like no"}, {"start": "00:25:47", "end": "00:25:53", "text": "inflows nothing like there was just no"}, {"start": "00:25:49", "end": "00:25:56", "text": "interest in it because once we also then"}, {"start": "00:25:53", "end": "00:25:59", "text": "got the actual uh spot ETFs and exchange"}, {"start": "00:25:56", "end": "00:26:01", "text": "traded notes and ETPs around the world,"}, {"start": "00:25:59", "end": "00:26:04", "text": "all the money began to shift into those."}, {"start": "00:26:01", "end": "00:26:06", "text": "So, a movement in futures shows that"}, {"start": "00:26:04", "end": "00:26:09", "text": "there's actual like interest flowing"}, {"start": "00:26:06", "end": "00:26:12", "text": "back in the cryptocurrency market in the"}, {"start": "00:26:09", "end": "00:26:14", "text": "form of billions of dollars as people"}, {"start": "00:26:12", "end": "00:26:18", "text": "are looking for any kind of exposure to"}, {"start": "00:26:14", "end": "00:26:20", "text": "this actual uh market, but I've"}, {"start": "00:26:18", "end": "00:26:24", "text": "predicted for a while, and this isn't"}, {"start": "00:26:20", "end": "00:26:26", "text": "anything special, we're going to see"}, {"start": "00:26:24", "end": "00:26:28", "text": "futures probably collapse in general"}, {"start": "00:26:26", "end": "00:26:30", "text": "within the cryptocurrency space when"}, {"start": "00:26:28", "end": "00:26:32", "text": "people realize that they're dealing in"}, {"start": "00:26:30", "end": "00:26:34", "text": "US dollars. That was part of the problem"}, {"start": "00:26:32", "end": "00:26:36", "text": "before. So, of course, institutions and"}, {"start": "00:26:34", "end": "00:26:40", "text": "big money, they know that they're not"}, {"start": "00:26:36", "end": "00:26:43", "text": "dealing with actual crypto for futures,"}, {"start": "00:26:40", "end": "00:26:45", "text": "but the problem is is that when you cash"}, {"start": "00:26:43", "end": "00:26:47", "text": "out of those futures, you redeem them,"}, {"start": "00:26:45", "end": "00:26:50", "text": "you get US dollars back. If we're"}, {"start": "00:26:47", "end": "00:26:52", "text": "expecting a half a million Bitcoin, if"}, {"start": "00:26:50", "end": "00:26:55", "text": "we're expecting a $16 XRP, if we're"}, {"start": "00:26:52", "end": "00:26:57", "text": "expecting a $44,000 Ethereum, you're not"}, {"start": "00:26:55", "end": "00:27:00", "text": "going to want to cash back into the US"}, {"start": "00:26:57", "end": "00:27:03", "text": "dollar. That was the which also people"}, {"start": "00:27:00", "end": "00:27:05", "text": "looked over that was the part of the"}, {"start": "00:27:03", "end": "00:27:08", "text": "inkind redemptions. Do you remember"}, {"start": "00:27:05", "end": "00:27:10", "text": "those? The uh Black Rockck and Fidelity"}, {"start": "00:27:08", "end": "00:27:14", "text": "they announced last year they're trying"}, {"start": "00:27:10", "end": "00:27:18", "text": "to get their um ETFs uh transferred into"}, {"start": "00:27:14", "end": "00:27:21", "text": "inind which basically means"}, {"start": "00:27:18", "end": "00:27:24", "text": "um both ways you"}, {"start": "00:27:21", "end": "00:27:27", "text": "would be able to either put US dollars"}, {"start": "00:27:24", "end": "00:27:31", "text": "and or crypto into the actual ETF. So"}, {"start": "00:27:27", "end": "00:27:33", "text": "like I want 10,000 shares, do you want"}, {"start": "00:27:31", "end": "00:27:35", "text": "to spend X amount of dollars or do you"}, {"start": "00:27:33", "end": "00:27:36", "text": "want to spend X amount of Satoshi's? And"}, {"start": "00:27:35", "end": "00:27:40", "text": "then when you have your money in the"}, {"start": "00:27:36", "end": "00:27:42", "text": "fund and you see that the amount of uh"}, {"start": "00:27:40", "end": "00:27:44", "text": "you know the fund has done a 3x, it's"}, {"start": "00:27:42", "end": "00:27:46", "text": "doing extremely well, money, money,"}, {"start": "00:27:44", "end": "00:27:49", "text": "money, y'all. And you go, I want I want"}, {"start": "00:27:46", "end": "00:27:51", "text": "my money back. You would be able to take"}, {"start": "00:27:49", "end": "00:27:53", "text": "out Bitcoin"}, {"start": "00:27:51", "end": "00:27:56", "text": "as opposed to having to get back US"}, {"start": "00:27:53", "end": "00:27:58", "text": "dollars. That's that's very powerful."}, {"start": "00:27:56", "end": "00:28:00", "text": "It's circumventing the usage of the US"}, {"start": "00:27:58", "end": "00:28:02", "text": "dollar and also making sure if you had"}, {"start": "00:28:00", "end": "00:28:04", "text": "your money in that fund over the course"}, {"start": "00:28:02", "end": "00:28:07", "text": "of three years and Bitcoin did a 5x in"}, {"start": "00:28:04", "end": "00:28:11", "text": "price and you saw that essentially the"}, {"start": "00:28:07", "end": "00:28:12", "text": "US dollar did a 5x down"}, {"start": "00:28:11", "end": "00:28:15", "text": "in value. You don't want dollars"}, {"start": "00:28:12", "end": "00:28:18", "text": "anymore. Give me my Bitcoin."}, {"start": "00:28:15", "end": "00:28:20", "text": "So it is a natural prediction. We're"}, {"start": "00:28:18", "end": "00:28:24", "text": "just going to see a lot a lot more"}, {"start": "00:28:20", "end": "00:28:26", "text": "attention paid to uh spot purchases."}, {"start": "00:28:24", "end": "00:28:28", "text": "That is to say, over crypto exchanges,"}, {"start": "00:28:26", "end": "00:28:29", "text": "people want to hold their crypto. They"}, {"start": "00:28:28", "end": "00:28:30", "text": "want to look on the screen and say that"}, {"start": "00:28:29", "end": "00:28:32", "text": "this is mine. This is what I bought."}, {"start": "00:28:30", "end": "00:28:34", "text": "This is what I hold. Futures will"}, {"start": "00:28:32", "end": "00:28:35", "text": "dwindle and everyone is going to start"}, {"start": "00:28:34", "end": "00:28:38", "text": "to put a lot more money, especially"}, {"start": "00:28:35", "end": "00:28:42", "text": "institutions, into actual ETFs because"}, {"start": "00:28:38", "end": "00:28:45", "text": "in many cases, these kind of um these"}, {"start": "00:28:42", "end": "00:28:49", "text": "securitized versions of assets and of"}, {"start": "00:28:45", "end": "00:28:54", "text": "cryptocurrency, they do offer um what's"}, {"start": "00:28:49", "end": "00:28:56", "text": "the word? uh bigger tax incentives for"}, {"start": "00:28:54", "end": "00:29:00", "text": "large companies."}, {"start": "00:28:56", "end": "00:29:02", "text": "So yes, what what have you. But yeah, of"}, {"start": "00:29:00", "end": "00:29:04", "text": "course, the futures are also doing well"}, {"start": "00:29:02", "end": "00:29:05", "text": "because everyone's move the larger"}, {"start": "00:29:04", "end": "00:29:07", "text": "institutions"}, {"start": "00:29:05", "end": "00:29:11", "text": "are moving back into the cryptocurrency"}, {"start": "00:29:07", "end": "00:29:13", "text": "market. I am desperate to see"}, {"start": "00:29:11", "end": "00:29:16", "text": "when"}, {"start": "00:29:13", "end": "00:29:18", "text": "Bitcoin goes over 150,000, how many"}, {"start": "00:29:16", "end": "00:29:20", "text": "people around the world are going to"}, {"start": "00:29:18", "end": "00:29:24", "text": "actually like move into this market."}, {"start": "00:29:20", "end": "00:29:27", "text": "because it's not that it's not that time"}, {"start": "00:29:24", "end": "00:29:28", "text": "is running out per se, but there's a big"}, {"start": "00:29:27", "end": "00:29:32", "text": "difference in being able to accumulate"}, {"start": "00:29:28", "end": "00:29:34", "text": "XRP at a dollar as opposed to $15."}, {"start": "00:29:32", "end": "00:29:37", "text": "There's a big difference in being able"}, {"start": "00:29:34", "end": "00:29:40", "text": "to accumulate Ethereum or fractions of"}, {"start": "00:29:37", "end": "00:29:43", "text": "Ethereum at 2,000 something or other as"}, {"start": "00:29:40", "end": "00:29:44", "text": "opposed to like $67,000."}, {"start": "00:29:43", "end": "00:29:46", "text": "There's a big difference in being able"}, {"start": "00:29:44", "end": "00:29:51", "text": "to accumulate, you know, over the course"}, {"start": "00:29:46", "end": "00:29:53", "text": "of time, you know, 0.01 01 Bitcoin"}, {"start": "00:29:51", "end": "00:29:56", "text": "at $80,000"}, {"start": "00:29:53", "end": "00:30:00", "text": "as opposed to $743,000"}, {"start": "00:29:56", "end": "00:30:04", "text": "per coin. A big massive difference. So,"}, {"start": "00:30:00", "end": "00:30:06", "text": "let's hope that more normal people get"}, {"start": "00:30:04", "end": "00:30:08", "text": "into the market so that we can all"}, {"start": "00:30:06", "end": "00:30:12", "text": "benefit and that we can all go on fancy"}, {"start": "00:30:08", "end": "00:30:14", "text": "vacations cuz, you know, it's boring to"}, {"start": "00:30:12", "end": "00:30:17", "text": "do it alone."}, {"start": "00:30:14", "end": "00:30:20", "text": "Okay. I I I didn't wake up further. No,"}, {"start": "00:30:17", "end": "00:30:22", "text": "no surprise to myself, but um maybe I"}, {"start": "00:30:20", "end": "00:30:25", "text": "should Okay. Okay. I I think if I have"}, {"start": "00:30:22", "end": "00:30:28", "text": "breakfast, that'll that'll probably like"}, {"start": "00:30:25", "end": "00:30:30", "text": "Maybe I'm hungry. Yeah, that'll that'll"}, {"start": "00:30:28", "end": "00:30:33", "text": "do it. Okay, everyone. I do hope that"}, {"start": "00:30:30", "end": "00:30:36", "text": "you've all enjoyed. I do hope you're all"}, {"start": "00:30:33", "end": "00:30:38", "text": "doing well. Or wow, I hope you're all"}, {"start": "00:30:36", "end": "00:30:40", "text": "having a great day, morning, afternoon,"}, {"start": "00:30:38", "end": "00:30:41", "text": "evening, wherever you are, wherever you"}, {"start": "00:30:40", "end": "00:30:44", "text": "might be. I do hope it's absolutely"}, {"start": "00:30:41", "end": "00:30:46", "text": "fantastic. Please don't forget to invest"}, {"start": "00:30:44", "end": "00:30:48", "text": "in some sort of way, in some sort of"}, {"start": "00:30:46", "end": "00:30:51", "text": "fashion. Buy some sort of asset today. I"}, {"start": "00:30:48", "end": "00:30:53", "text": "don't care what it is. Even if the asset"}, {"start": "00:30:51", "end": "00:30:55", "text": "is only three, four, five dollars, I"}, {"start": "00:30:53", "end": "00:30:57", "text": "don't care. Accumulate assets, get"}, {"start": "00:30:55", "end": "00:30:59", "text": "richer. No one else is going to do it"}, {"start": "00:30:57", "end": "00:31:01", "text": "for you. Uh, thank you all once again"}, {"start": "00:30:59", "end": "00:31:04", "text": "for watching, listening, liking,"}, {"start": "00:31:01", "end": "00:31:07", "text": "commenting, and supporting. And I will"}, {"start": "00:31:04", "end": "00:31:09", "text": "most certainly be talking to you all"}, {"start": "00:31:07", "end": "00:31:13", "text": "soon."}, {"start": "00:31:09", "end": "00:31:13", "text": "See you."}]

[{"start": "00:00:01", "end": "00:00:09", "text": "Hello everybody."}, {"start": "00:00:04", "end": "00:00:11", "text": "Welcome back for another video."}, {"start": "00:00:09", "end": "00:00:13", "text": "Hope you're all well. Hope you're all"}, {"start": "00:00:11", "end": "00:00:16", "text": "doing good. [snorts] Hope you're all"}, {"start": "00:00:13", "end": "00:00:20", "text": "having a fantastic"}, {"start": "00:00:16", "end": "00:00:25", "text": "day wherever you are, wherever you might"}, {"start": "00:00:20", "end": "00:00:27", "text": "be. Uh I of course just woke up. So"}, {"start": "00:00:25", "end": "00:00:29", "text": "yeah, you're going to be going to be"}, {"start": "00:00:27", "end": "00:00:35", "text": "with me through the groggginess right"}, {"start": "00:00:29", "end": "00:00:39", "text": "now. Uh very big thank you to Livio C,"}, {"start": "00:00:35", "end": "00:00:44", "text": "FT Clown, Lyall Austin, Alec Xander the"}, {"start": "00:00:39", "end": "00:00:47", "text": "Greek, Gypsy Queen, Trent Jackson, Gil,"}, {"start": "00:00:44", "end": "00:00:49", "text": "Boa Snake, and Finley Bass. [snorts]"}, {"start": "00:00:47", "end": "00:00:52", "text": "Enormous thank you to my Patreon"}, {"start": "00:00:49", "end": "00:00:55", "text": "supporters. Uh, don't forget to leave a"}, {"start": "00:00:52", "end": "00:00:58", "text": "like on the video, subscribe, and that"}, {"start": "00:00:55", "end": "00:00:59", "text": "little button that's supposed to be a"}, {"start": "00:00:58", "end": "00:01:01", "text": "bell. It doesn't look like a bell to me."}, {"start": "00:00:59", "end": "00:01:03", "text": "Like, it kind of looks like a squiggle."}, {"start": "00:01:01", "end": "00:01:06", "text": "But, uh, don't forget to hit it because"}, {"start": "00:01:03", "end": "00:01:09", "text": "apparently it's important. Uh, without"}, {"start": "00:01:06", "end": "00:01:12", "text": "any further ado, let's jump right into"}, {"start": "00:01:09", "end": "00:01:16", "text": "it. It's a bit of a weird kind of news"}, {"start": "00:01:12", "end": "00:01:20", "text": "day. We seem to be almost"}, {"start": "00:01:16", "end": "00:01:23", "text": "stuck in stasis kind of just because"}, {"start": "00:01:20", "end": "00:01:26", "text": "everything is relatively close by and"}, {"start": "00:01:23", "end": "00:01:28", "text": "we're all anticipating"}, {"start": "00:01:26", "end": "00:01:32", "text": "uh generally the same things."}, {"start": "00:01:28", "end": "00:01:36", "text": "Discussions have of course ramped up"}, {"start": "00:01:32", "end": "00:01:39", "text": "around and regarding anything to do with"}, {"start": "00:01:36", "end": "00:01:43", "text": "the Fed. Apparently, the date to look"}, {"start": "00:01:39", "end": "00:01:46", "text": "out for is the 15th of September."}, {"start": "00:01:43", "end": "00:01:48", "text": "There's a lot as usual kind of uh"}, {"start": "00:01:46", "end": "00:01:51", "text": "clustered together within the"}, {"start": "00:01:48", "end": "00:01:54", "text": "cryptocurrency market between the"}, {"start": "00:01:51", "end": "00:01:55", "text": "interest rate hikes andor keeping the"}, {"start": "00:01:54", "end": "00:01:58", "text": "same."}, {"start": "00:01:55", "end": "00:02:02", "text": "There's a lot also happening with uh"}, {"start": "00:01:58", "end": "00:02:05", "text": "Japan right now. If you haven't seen"}, {"start": "00:02:02", "end": "00:02:08", "text": "uh my Instagram and every other social"}, {"start": "00:02:05", "end": "00:02:12", "text": "media thing is ticking up quite a lot"}, {"start": "00:02:08", "end": "00:02:14", "text": "discussing what Japan is going to do."}, {"start": "00:02:12", "end": "00:02:17", "text": "Their currency is not doing well. If you"}, {"start": "00:02:14", "end": "00:02:20", "text": "missed about it, has it been a month"}, {"start": "00:02:17", "end": "00:02:23", "text": "already? the US had to intervene with"}, {"start": "00:02:20", "end": "00:02:27", "text": "billions of dollars to try and save the"}, {"start": "00:02:23", "end": "00:02:31", "text": "yen from collapsing because historically"}, {"start": "00:02:27", "end": "00:02:35", "text": "uh the world's richest have used Japan"}, {"start": "00:02:31", "end": "00:02:39", "text": "as a cheap money fountain or free money"}, {"start": "00:02:35", "end": "00:02:42", "text": "fountain as they historically had 0%"}, {"start": "00:02:39", "end": "00:02:46", "text": "interest rates like zero not like not"}, {"start": "00:02:42", "end": "00:02:48", "text": "0.25 25 or zero like it was just zero."}, {"start": "00:02:46", "end": "00:02:49", "text": "And since they've begun to try and raise"}, {"start": "00:02:48", "end": "00:02:51", "text": "their interest rates to try and get"}, {"start": "00:02:49", "end": "00:02:54", "text": "their economy under control because"}, {"start": "00:02:51", "end": "00:02:56", "text": "inflation is also going absolutely"}, {"start": "00:02:54", "end": "00:02:58", "text": "bananas there as we've been going over"}, {"start": "00:02:56", "end": "00:03:01", "text": "for the last two years. You probably"}, {"start": "00:02:58", "end": "00:03:02", "text": "more than might have even been you. You"}, {"start": "00:03:01", "end": "00:03:05", "text": "went to Japan. A lot of people were"}, {"start": "00:03:02", "end": "00:03:06", "text": "going to Japan because the yen was so"}, {"start": "00:03:05", "end": "00:03:10", "text": "weak."}, {"start": "00:03:06", "end": "00:03:12", "text": "If you had the dollar or the euro, you"}, {"start": "00:03:10", "end": "00:03:14", "text": "could stay there for months and it would"}, {"start": "00:03:12", "end": "00:03:15", "text": "barely cost you anything. Like, not even"}, {"start": "00:03:14", "end": "00:03:17", "text": "joking. I had tons of friends who went"}, {"start": "00:03:15", "end": "00:03:19", "text": "there and they were like, \"This hotel"}, {"start": "00:03:17", "end": "00:03:23", "text": "was like 20 a night and it was super"}, {"start": "00:03:19", "end": "00:03:25", "text": "nice, beautiful view.\" Um, so Japan's"}, {"start": "00:03:23", "end": "00:03:27", "text": "trying to get it under control, but the"}, {"start": "00:03:25", "end": "00:03:30", "text": "issue is is that uh they've been doing"}, {"start": "00:03:27", "end": "00:03:34", "text": "this since like the early 90s. And I"}, {"start": "00:03:30", "end": "00:03:36", "text": "know it doesn't sound that far away uh"}, {"start": "00:03:34", "end": "00:03:40", "text": "depending on your age, but it was 30 it"}, {"start": "00:03:36", "end": "00:03:41", "text": "was over 30 years ago. And now Japan's"}, {"start": "00:03:40", "end": "00:03:44", "text": "economy is the weakest that it's been"}, {"start": "00:03:41", "end": "00:03:50", "text": "since 1986,"}, {"start": "00:03:44", "end": "00:03:52", "text": "40 years ago, right? Uh so uh basically"}, {"start": "00:03:50", "end": "00:03:55", "text": "everything's kind of hitting the fan at"}, {"start": "00:03:52", "end": "00:03:58", "text": "the exact same time. A lot of news"}, {"start": "00:03:55", "end": "00:04:01", "text": "sources are run by the billionaires who"}, {"start": "00:03:58", "end": "00:04:04", "text": "were getting their free money and they"}, {"start": "00:04:01", "end": "00:04:06", "text": "will not print in their publications"}, {"start": "00:04:04", "end": "00:04:09", "text": "uh that the ship is basically going"}, {"start": "00:04:06", "end": "00:04:12", "text": "down. So we have interest rates, we have"}, {"start": "00:04:09", "end": "00:04:16", "text": "the potential upcoming clarity act. The"}, {"start": "00:04:12", "end": "00:04:18", "text": "tone has lightly shifted the last few"}, {"start": "00:04:16", "end": "00:04:22", "text": "days. There was a lot of hype and"}, {"start": "00:04:18", "end": "00:04:24", "text": "optimism at the very beginning of"}, {"start": "00:04:22", "end": "00:04:26", "text": "September. if you weren't here that the"}, {"start": "00:04:24", "end": "00:04:28", "text": "Clarity Act was going to pass."}, {"start": "00:04:26", "end": "00:04:31", "text": "Apparently somewhere behind the scenes"}, {"start": "00:04:28", "end": "00:04:34", "text": "someone said something a tone has"}, {"start": "00:04:31", "end": "00:04:37", "text": "shifted and now there's a lot of like"}, {"start": "00:04:34", "end": "00:04:38", "text": "it's not negativity per se but kind of"}, {"start": "00:04:37", "end": "00:04:42", "text": "like a question mark like will this"}, {"start": "00:04:38", "end": "00:04:44", "text": "thing actually get passed now and the"}, {"start": "00:04:42", "end": "00:04:47", "text": "speculation is now resting on the"}, {"start": "00:04:44", "end": "00:04:49", "text": "shoulders of the SEC and CFTC to kind of"}, {"start": "00:04:47", "end": "00:04:52", "text": "get things done. But then we're also"}, {"start": "00:04:49", "end": "00:04:54", "text": "moving towards midterms. Uh what else is"}, {"start": "00:04:52", "end": "00:04:56", "text": "happening? Something else is happening"}, {"start": "00:04:54", "end": "00:04:58", "text": "at the end of September. There's a lot"}, {"start": "00:04:56", "end": "00:05:00", "text": "there's a lot going on at the exact same"}, {"start": "00:04:58", "end": "00:05:03", "text": "time. I don't think it's random. I think"}, {"start": "00:05:00", "end": "00:05:07", "text": "all these things kind of align with each"}, {"start": "00:05:03", "end": "00:05:12", "text": "other in some form or fashion on uh on"}, {"start": "00:05:07", "end": "00:05:14", "text": "purpose, but uh indications are as far"}, {"start": "00:05:12", "end": "00:05:17", "text": "as we've been told that things will be"}, {"start": "00:05:14", "end": "00:05:19", "text": "aok. Okay,"}, {"start": "00:05:17", "end": "00:05:22", "text": "that's usually the general like"}, {"start": "00:05:19", "end": "00:05:25", "text": "underlying factor for a lot of this. So,"}, {"start": "00:05:22", "end": "00:05:28", "text": "we're hearing a good amount"}, {"start": "00:05:25", "end": "00:05:30", "text": "uh regarding prices where people are"}, {"start": "00:05:28", "end": "00:05:35", "text": "expecting them to be. If you have it, I"}, {"start": "00:05:30", "end": "00:05:38", "text": "mean about 16 people the last two weeks"}, {"start": "00:05:35", "end": "00:05:42", "text": "have told us they're expecting a $6,000"}, {"start": "00:05:38", "end": "00:05:45", "text": "Ethereum, a $5,000 Ethereum. There's"}, {"start": "00:05:42", "end": "00:05:50", "text": "been a bunch of news regarding a $28"}, {"start": "00:05:45", "end": "00:05:54", "text": "XRP. We're getting a huge amount of"}, {"start": "00:05:50", "end": "00:05:58", "text": "Bitcoin is going back over $100,000"}, {"start": "00:05:54", "end": "00:06:03", "text": "soon news. A lot of November December"}, {"start": "00:05:58", "end": "00:06:06", "text": "time frame for an over $150,000"}, {"start": "00:06:03", "end": "00:06:11", "text": "Bitcoin. This has been the general once"}, {"start": "00:06:06", "end": "00:06:15", "text": "again the general idea is price go up as"}, {"start": "00:06:11", "end": "00:06:18", "text": "far as uh we've been told"}, {"start": "00:06:15", "end": "00:06:21", "text": "in the news is Tom Lee once again"}, {"start": "00:06:18", "end": "00:06:24", "text": "[snorts] one of the predictors of a"}, {"start": "00:06:21", "end": "00:06:30", "text": "massive bull run being right around the"}, {"start": "00:06:24", "end": "00:06:33", "text": "corner for both Bitcoin and Ethereum"}, {"start": "00:06:30", "end": "00:06:34", "text": "as we've been hearing as well. There's a"}, {"start": "00:06:33", "end": "00:06:39", "text": "lot of if you haven't seen the levels of"}, {"start": "00:06:34", "end": "00:06:43", "text": "accumulation as well, it does slightly"}, {"start": "00:06:39", "end": "00:06:46", "text": "match up with this logic. The amount of"}, {"start": "00:06:43", "end": "00:06:48", "text": "companies and the amount of XRP"}, {"start": "00:06:46", "end": "00:06:51", "text": "accumulation, whether it be spot,"}, {"start": "00:06:48", "end": "00:06:54", "text": "whether it be ETF-wise, whether it be"}, {"start": "00:06:51", "end": "00:06:56", "text": "XRP being taken off of exchanges, has"}, {"start": "00:06:54", "end": "00:06:58", "text": "risen dramatically."}, {"start": "00:06:56", "end": "00:07:02", "text": "A lot of the companies who were"}, {"start": "00:06:58", "end": "00:07:05", "text": "previously purchasing 20 Bitcoin, 18"}, {"start": "00:07:02", "end": "00:07:08", "text": "Bitcoin, they're now announcing we just"}, {"start": "00:07:05", "end": "00:07:12", "text": "bought 800 Bitcoin. We just purchased"}, {"start": "00:07:08", "end": "00:07:15", "text": "1,200 Bitcoin yesterday. Tom Lee has"}, {"start": "00:07:12", "end": "00:07:16", "text": "upped purchases of Ethereum massively. I"}, {"start": "00:07:15", "end": "00:07:19", "text": "told you that before. Like a lot of"}, {"start": "00:07:16", "end": "00:07:23", "text": "their purchases were not that they were"}, {"start": "00:07:19", "end": "00:07:25", "text": "small, but it was like 12 million here,"}, {"start": "00:07:23", "end": "00:07:28", "text": "18 million here. They're now purchasing"}, {"start": "00:07:25", "end": "00:07:31", "text": "like 50 60 70 80 million dollars worth"}, {"start": "00:07:28", "end": "00:07:36", "text": "of Ethereum per week. They're also"}, {"start": "00:07:31", "end": "00:07:39", "text": "extremely close to their 5% target of"}, {"start": "00:07:36", "end": "00:07:42", "text": "having 5% of all Ethereum."}, {"start": "00:07:39", "end": "00:07:45", "text": "Speaking to CNBC,"}, {"start": "00:07:42", "end": "00:07:49", "text": "Tom Lee, head of research and chief"}, {"start": "00:07:45", "end": "00:07:52", "text": "investment officer at Fund Strat, shared"}, {"start": "00:07:49", "end": "00:07:55", "text": "his latest expectations regarding the"}, {"start": "00:07:52", "end": "00:07:58", "text": "Fed's September policies and global"}, {"start": "00:07:55", "end": "00:08:00", "text": "markets. Noting that September has"}, {"start": "00:07:58", "end": "00:08:02", "text": "historically been a weak month for"}, {"start": "00:08:00", "end": "00:08:04", "text": "markets [snorts] and highlighting"}, {"start": "00:08:02", "end": "00:08:08", "text": "uncertainties regarding interest rate"}, {"start": "00:08:04", "end": "00:08:11", "text": "scenarios, Lee argued that contrary to"}, {"start": "00:08:08", "end": "00:08:15", "text": "general expectations, markets could"}, {"start": "00:08:11", "end": "00:08:18", "text": "spring an upside surprise. The renowned"}, {"start": "00:08:15", "end": "00:08:21", "text": "analyst stated that the Federal Reserve"}, {"start": "00:08:18", "end": "00:08:25", "text": "meeting on the 15th of September is a"}, {"start": "00:08:21", "end": "00:08:28", "text": "critical turning point and that if"}, {"start": "00:08:25", "end": "00:08:30", "text": "the central bank does not make any"}, {"start": "00:08:28", "end": "00:08:33", "text": "changes to interest rates, the stock"}, {"start": "00:08:30", "end": "00:08:36", "text": "market could trigger a very strong"}, {"start": "00:08:33", "end": "00:08:38", "text": "rally. The analyst pointed out that"}, {"start": "00:08:36", "end": "00:08:42", "text": "regulatory changes could be the biggest"}, {"start": "00:08:38", "end": "00:08:44", "text": "catalyst for the sector, stating, and I"}, {"start": "00:08:42", "end": "00:08:47", "text": "quote, \"If"}, {"start": "00:08:44", "end": "00:08:50", "text": "the Clarity bill passes Congress this"}, {"start": "00:08:47", "end": "00:08:53", "text": "year, Bitcoin and Ethereum will have an"}, {"start": "00:08:50", "end": "00:08:57", "text": "extremely strong and massive fourth"}, {"start": "00:08:53", "end": "00:09:02", "text": "quarter.\" End quote. This has been the"}, {"start": "00:08:57", "end": "00:09:05", "text": "idea for a year now. everything resides"}, {"start": "00:09:02", "end": "00:09:07", "text": "on the Clarity Act, even though it"}, {"start": "00:09:05", "end": "00:09:11", "text": "doesn't because we know that we're going"}, {"start": "00:09:07", "end": "00:09:14", "text": "to it's just it's and I I'll I I'll give"}, {"start": "00:09:11", "end": "00:09:16", "text": "you my opinion on this. This doesn't"}, {"start": "00:09:14", "end": "00:09:19", "text": "feel like manipulation, but I think it"}, {"start": "00:09:16", "end": "00:09:21", "text": "will result in manipulation if this"}, {"start": "00:09:19", "end": "00:09:24", "text": "doesn't get passed. I think this is"}, {"start": "00:09:21", "end": "00:09:28", "text": "going to be wholeheartedly. I think this"}, {"start": "00:09:24", "end": "00:09:31", "text": "is going to be another uh FTX scenario."}, {"start": "00:09:28", "end": "00:09:35", "text": "I think this is going to be another uh"}, {"start": "00:09:31", "end": "00:09:37", "text": "Coinbase is is down for for 12 hours for"}, {"start": "00:09:35", "end": "00:09:40", "text": "maintenance kind of thing. Years ago,"}, {"start": "00:09:37", "end": "00:09:43", "text": "whenever and I mean still now, people"}, {"start": "00:09:40", "end": "00:09:45", "text": "try to push this kind of fear into the"}, {"start": "00:09:43", "end": "00:09:49", "text": "crypto space all the time. It's nothing"}, {"start": "00:09:45", "end": "00:09:52", "text": "new. If FTX crashes, and FTX has nothing"}, {"start": "00:09:49", "end": "00:09:54", "text": "to do with Bitcoin, we're told that it's"}, {"start": "00:09:52", "end": "00:09:57", "text": "scary and cryptocurrency prices have to"}, {"start": "00:09:54", "end": "00:09:58", "text": "crash. A number of years ago, this this"}, {"start": "00:09:57", "end": "00:10:00", "text": "would happen on Kraken, this would"}, {"start": "00:09:58", "end": "00:10:03", "text": "happen on Coinbase, this would happen on"}, {"start": "00:10:00", "end": "00:10:05", "text": "Binance. They weren't expecting so many"}, {"start": "00:10:03", "end": "00:10:08", "text": "people to actually use their systems."}, {"start": "00:10:05", "end": "00:10:11", "text": "So, the idea was every couple of hours"}, {"start": "00:10:08", "end": "00:10:14", "text": "you would see maybe 200, 300, 400,000"}, {"start": "00:10:11", "end": "00:10:17", "text": "people on their systems. The issue was"}, {"start": "00:10:14", "end": "00:10:19", "text": "is if crypto prices are pumping, you're"}, {"start": "00:10:17", "end": "00:10:21", "text": "going to have two, three, four million"}, {"start": "00:10:19", "end": "00:10:23", "text": "people on per hour on these crypto"}, {"start": "00:10:21", "end": "00:10:26", "text": "exchanges. And they they they couldn't"}, {"start": "00:10:23", "end": "00:10:28", "text": "handle the load. So they would go down"}, {"start": "00:10:26", "end": "00:10:32", "text": "as many websites do when they have too"}, {"start": "00:10:28", "end": "00:10:34", "text": "much traffic. Uh however, if Coinbase,"}, {"start": "00:10:32", "end": "00:10:36", "text": "Binance or Kraken, etc. would go down"}, {"start": "00:10:34", "end": "00:10:38", "text": "for a couple of hours for maintenance or"}, {"start": "00:10:36", "end": "00:10:41", "text": "to try and like, you know, reboot their"}, {"start": "00:10:38", "end": "00:10:43", "text": "systems, uh news outlets would report"}, {"start": "00:10:41", "end": "00:10:45", "text": "that Bitcoin was down. Something's wrong"}, {"start": "00:10:43", "end": "00:10:46", "text": "with Bitcoin. People cannot buy Bitcoin."}, {"start": "00:10:45", "end": "00:10:48", "text": "What's going on with Bitcoin right now?"}, {"start": "00:10:46", "end": "00:10:52", "text": "Why is Bitcoin's price down? It would"}, {"start": "00:10:48", "end": "00:10:55", "text": "cause, of course, panic everywhere. Uh"}, {"start": "00:10:52", "end": "00:10:57", "text": "unwarranted completely. So what I think"}, {"start": "00:10:55", "end": "00:11:00", "text": "is going to happen is either the clarity"}, {"start": "00:10:57", "end": "00:11:03", "text": "bill is going to clarity act is going to"}, {"start": "00:11:00", "end": "00:11:05", "text": "pass and things will be fine. It'll"}, {"start": "00:11:03", "end": "00:11:07", "text": "completely disappear from the news."}, {"start": "00:11:05", "end": "00:11:10", "text": "It'll be as if it was never even trying"}, {"start": "00:11:07", "end": "00:11:12", "text": "to go through whatever or this is not"}, {"start": "00:11:10", "end": "00:11:14", "text": "going to pass for whatever reason and"}, {"start": "00:11:12", "end": "00:11:17", "text": "then we are going to be told by a number"}, {"start": "00:11:14", "end": "00:11:20", "text": "of politicians and and people on the"}, {"start": "00:11:17", "end": "00:11:22", "text": "news how terrible and awful this is for"}, {"start": "00:11:20", "end": "00:11:24", "text": "crypto. But it's just another stupid"}, {"start": "00:11:22", "end": "00:11:26", "text": "narrative that people are going to be"}, {"start": "00:11:24", "end": "00:11:29", "text": "told to listen to. Bitcoin will be just"}, {"start": "00:11:26", "end": "00:11:32", "text": "fine. Bitcoin's adoption around the"}, {"start": "00:11:29", "end": "00:11:34", "text": "other 189 other countries will still"}, {"start": "00:11:32", "end": "00:11:36", "text": "continue to grow. People in the United"}, {"start": "00:11:34", "end": "00:11:39", "text": "States will still be buying Bitcoin."}, {"start": "00:11:36", "end": "00:11:41", "text": "People aren't going to immediately think"}, {"start": "00:11:39", "end": "00:11:43", "text": "that something's wrong with altcoins."}, {"start": "00:11:41", "end": "00:11:45", "text": "And then secondly, which is something"}, {"start": "00:11:43", "end": "00:11:48", "text": "that no one is talking about because"}, {"start": "00:11:45", "end": "00:11:51", "text": "everyone is so obsessed just with the"}, {"start": "00:11:48", "end": "00:11:56", "text": "bill trying to get passed,"}, {"start": "00:11:51", "end": "00:11:59", "text": "the SEC and CFTC have already confirmed"}, {"start": "00:11:56", "end": "00:12:02", "text": "that if it does not pass, they"}, {"start": "00:11:59", "end": "00:12:06", "text": "themselves will give proper regulation."}, {"start": "00:12:02", "end": "00:12:09", "text": "That tells me if I'm asking for a"}, {"start": "00:12:06", "end": "00:12:12", "text": "sandwich from the person on the left and"}, {"start": "00:12:09", "end": "00:12:13", "text": "they say, \"We got you.\" And one minute"}, {"start": "00:12:12", "end": "00:12:15", "text": "before they say, \"I'm sorry, we don't"}, {"start": "00:12:13", "end": "00:12:17", "text": "have any bread. We don't have any meat."}, {"start": "00:12:15", "end": "00:12:19", "text": "We don't have any cheese.\" And I turn to"}, {"start": "00:12:17", "end": "00:12:22", "text": "the person on my right and they say,"}, {"start": "00:12:19", "end": "00:12:24", "text": "\"Actually, I can go across the street."}, {"start": "00:12:22", "end": "00:12:26", "text": "It might take an extra 5 minutes, but I"}, {"start": "00:12:24", "end": "00:12:27", "text": "can still make you that exact sandwich."}, {"start": "00:12:26", "end": "00:12:30", "text": "That lets me know I'm still going to"}, {"start": "00:12:27", "end": "00:12:32", "text": "eat.\""}, {"start": "00:12:30", "end": "00:12:35", "text": "That's all that it means to me. No one's"}, {"start": "00:12:32", "end": "00:12:37", "text": "making sure to point out that we don't"}, {"start": "00:12:35", "end": "00:12:41", "text": "need the Clarity Act and that things"}, {"start": "00:12:37", "end": "00:12:45", "text": "will be just fine. This is everywhere."}, {"start": "00:12:41", "end": "00:12:47", "text": "It's all everyone's talking about."}, {"start": "00:12:45", "end": "00:12:49", "text": "We have a couple days. We have a couple"}, {"start": "00:12:47", "end": "00:12:54", "text": "more days to see what ends up happening,"}, {"start": "00:12:49", "end": "00:12:58", "text": "but crypto will be fine either way."}, {"start": "00:12:54", "end": "00:13:00", "text": "Um, that's the I mean, I don't even know"}, {"start": "00:12:58", "end": "00:13:02", "text": "what that was. price prediction news,"}, {"start": "00:13:00", "end": "00:13:06", "text": "massive bull run news, Clarity Act news,"}, {"start": "00:13:02", "end": "00:13:09", "text": "they're all kind of tied together as we"}, {"start": "00:13:06", "end": "00:13:12", "text": "keep hearing that all these things are"}, {"start": "00:13:09", "end": "00:13:15", "text": "uh smooshed together in the same exact"}, {"start": "00:13:12", "end": "00:13:17", "text": "room. Um, very excited, this is"}, {"start": "00:13:15", "end": "00:13:19", "text": "personal, very excited to see where"}, {"start": "00:13:17", "end": "00:13:22", "text": "crypto prices are by the end of this"}, {"start": "00:13:19", "end": "00:13:24", "text": "year. Just because if you remember since"}, {"start": "00:13:22", "end": "00:13:27", "text": "January,"}, {"start": "00:13:24", "end": "00:13:30", "text": "we you and I have been told over and"}, {"start": "00:13:27", "end": "00:13:32", "text": "over about these like astronomically"}, {"start": "00:13:30", "end": "00:13:34", "text": "high cryptocurrency prices. We've seen"}, {"start": "00:13:32", "end": "00:13:36", "text": "the adoption. We've seen the Goldman"}, {"start": "00:13:34", "end": "00:13:37", "text": "Sachs. We've seen the Wells Fargo. We've"}, {"start": "00:13:36", "end": "00:13:39", "text": "seen the Fidelity. We've seen the Black"}, {"start": "00:13:37", "end": "00:13:42", "text": "Rockck. We've seen all these new ETFs"}, {"start": "00:13:39", "end": "00:13:44", "text": "being uh signed for and trying to be"}, {"start": "00:13:42", "end": "00:13:46", "text": "launched and stuff like that. We've seen"}, {"start": "00:13:44", "end": "00:13:48", "text": "all the tokenization beginning. We've"}, {"start": "00:13:46", "end": "00:13:50", "text": "seen all the stable coins starting to"}, {"start": "00:13:48", "end": "00:13:55", "text": "happen. Now for the public, I think it's"}, {"start": "00:13:50", "end": "00:13:57", "text": "just uh this should be translating into"}, {"start": "00:13:55", "end": "00:14:00", "text": "much higher prices."}, {"start": "00:13:57", "end": "00:14:03", "text": "Okie dokie."}, {"start": "00:14:00", "end": "00:14:05", "text": "Let's move on."}, {"start": "00:14:03", "end": "00:14:08", "text": "Also in"}, {"start": "00:14:05", "end": "00:14:11", "text": "popular news, I don't know where to"}, {"start": "00:14:08", "end": "00:14:13", "text": "place this. Uh every day, every other"}, {"start": "00:14:11", "end": "00:14:16", "text": "day, we're hearing from some kind of a"}, {"start": "00:14:13", "end": "00:14:18", "text": "company uh that they're buying more"}, {"start": "00:14:16", "end": "00:14:20", "text": "crypto, buying more Bitcoin. It's not"}, {"start": "00:14:18", "end": "00:14:24", "text": "unsurprising"}, {"start": "00:14:20", "end": "00:14:27", "text": "if if you and I are being told"}, {"start": "00:14:24", "end": "00:14:29", "text": "that prices are going to go higher. I"}, {"start": "00:14:27", "end": "00:14:31", "text": "assume it's the exact same thing for"}, {"start": "00:14:29", "end": "00:14:32", "text": "these companies. I assume it's the exact"}, {"start": "00:14:31", "end": "00:14:34", "text": "same thing if they're sitting in a room"}, {"start": "00:14:32", "end": "00:14:36", "text": "together. They're showing each other"}, {"start": "00:14:34", "end": "00:14:39", "text": "their charts and where they're expecting"}, {"start": "00:14:36", "end": "00:14:42", "text": "prices to go. So, if if we're hearing"}, {"start": "00:14:39", "end": "00:14:45", "text": "milliondoll Bitcoin, of course, these"}, {"start": "00:14:42", "end": "00:14:48", "text": "companies are as well. The French"}, {"start": "00:14:45", "end": "00:14:54", "text": "Bitcoin treasury company, they're called"}, {"start": "00:14:48", "end": "00:14:58", "text": "Capital B, has acquired another 376"}, {"start": "00:14:54", "end": "00:15:01", "text": "Bitcoin for 25.3"}, {"start": "00:14:58", "end": "00:15:03", "text": "million euros or 29.5"}, {"start": "00:15:01", "end": "00:15:08", "text": "million US,"}, {"start": "00:15:03", "end": "00:15:08", "text": "bringing their total holdings to $3,521"}, {"start": "00:15:09", "end": "00:15:14", "text": "BTC. I just saw something online like"}, {"start": "00:15:11", "end": "00:15:15", "text": "right before this. It was very funny. I"}, {"start": "00:15:14", "end": "00:15:17", "text": "don't know why people do it, but it's"}, {"start": "00:15:15", "end": "00:15:21", "text": "it's just a thing. Uh there was a news"}, {"start": "00:15:17", "end": "00:15:24", "text": "article talking about like uh Bitcoin"}, {"start": "00:15:21", "end": "00:15:26", "text": "years ago on Reddit. Not that this is"}, {"start": "00:15:24", "end": "00:15:28", "text": "something you need to do, but if you"}, {"start": "00:15:26", "end": "00:15:31", "text": "ever get bored, uh people like will"}, {"start": "00:15:28", "end": "00:15:34", "text": "scour through Reddit in like the year uh"}, {"start": "00:15:31", "end": "00:15:38", "text": "2010 2011 to see what people thought"}, {"start": "00:15:34", "end": "00:15:40", "text": "about Bitcoin and its price. And there"}, {"start": "00:15:38", "end": "00:15:43", "text": "was an article that just popped up about"}, {"start": "00:15:40", "end": "00:15:46", "text": "2010 with people just getting into"}, {"start": "00:15:43", "end": "00:15:48", "text": "Bitcoin. And one of the people was"}, {"start": "00:15:46", "end": "00:15:50", "text": "saying like that it just wasn't worth"}, {"start": "00:15:48", "end": "00:15:53", "text": "it, that Bitcoin was way too expensive"}, {"start": "00:15:50", "end": "00:15:55", "text": "and it was way too expensive to mine any"}, {"start": "00:15:53", "end": "00:15:57", "text": "Bitcoin."}, {"start": "00:15:55", "end": "00:15:59", "text": "For reference, the person was"}, {"start": "00:15:57", "end": "00:16:02", "text": "complaining saying that because back"}, {"start": "00:15:59", "end": "00:16:04", "text": "then in 2010,"}, {"start": "00:16:02", "end": "00:16:07", "text": "you could use a laptop"}, {"start": "00:16:04", "end": "00:16:10", "text": "from 2007"}, {"start": "00:16:07", "end": "00:16:14", "text": "to mine Bitcoin. That's how early in"}, {"start": "00:16:10", "end": "00:16:17", "text": "like how early it was. And they were"}, {"start": "00:16:14", "end": "00:16:22", "text": "saying that the electricity cost"}, {"start": "00:16:17", "end": "00:16:22", "text": "the electricity cost was I think $526."}, {"start": "00:16:22", "end": "00:16:30", "text": "Do you know how many Bitcoin you got"}, {"start": "00:16:25", "end": "00:16:32", "text": "from paying electricity cost of $526?"}, {"start": "00:16:30", "end": "00:16:36", "text": "You got 50 Bitcoin."}, {"start": "00:16:32", "end": "00:16:37", "text": "50. Like 50 Bitcoin. And the person was"}, {"start": "00:16:36", "end": "00:16:39", "text": "like, \"Yeah, you know, I don't want to"}, {"start": "00:16:37", "end": "00:16:42", "text": "do that to my electric bill. You know,"}, {"start": "00:16:39", "end": "00:16:45", "text": "Bitcoin's expensive as is. There are all"}, {"start": "00:16:42", "end": "00:16:46", "text": "these old things online where people are"}, {"start": "00:16:45", "end": "00:16:49", "text": "like, \"Yeah, Bitcoin is a dollar. It's a"}, {"start": "00:16:46", "end": "00:16:51", "text": "bubble. Like, Bitcoin's definitely going"}, {"start": "00:16:49", "end": "00:16:53", "text": "back down to a penny.\" This was a nice"}, {"start": "00:16:51", "end": "00:16:56", "text": "run. Uh, not even the pizza guy. There"}, {"start": "00:16:53", "end": "00:17:00", "text": "were multiple people who had like 13,000"}, {"start": "00:16:56", "end": "00:17:03", "text": "Bitcoin. And there's one famous one. I"}, {"start": "00:17:00", "end": "00:17:05", "text": "think he I think he sold all his Bitcoin"}, {"start": "00:17:03", "end": "00:17:08", "text": "when they were like at A$1.25."}, {"start": "00:17:05", "end": "00:17:10", "text": "Bitcoin's price did did then fall down"}, {"start": "00:17:08", "end": "00:17:12", "text": "to 97."}, {"start": "00:17:10", "end": "00:17:13", "text": "And he was like, \"Yeah, I'm so glad I"}, {"start": "00:17:12", "end": "00:17:16", "text": "got out of there.\" I think he bought a"}, {"start": "00:17:13", "end": "00:17:18", "text": "used car. Uh, he said he paid his rent"}, {"start": "00:17:16", "end": "00:17:19", "text": "for like 3 months. And I forgot what"}, {"start": "00:17:18", "end": "00:17:21", "text": "else happened, but he was like, \"Yeah,"}, {"start": "00:17:19", "end": "00:17:23", "text": "you know, good luck, guys. I hope it"}, {"start": "00:17:21", "end": "00:17:25", "text": "works out.\" So, people always reference"}, {"start": "00:17:23", "end": "00:17:28", "text": "these things and they're like,"}, {"start": "00:17:25", "end": "00:17:32", "text": "\"Yeah, I hope it I sincerely hope that"}, {"start": "00:17:28", "end": "00:17:34", "text": "it actually worked out.\" So, I always"}, {"start": "00:17:32", "end": "00:17:38", "text": "think of these things whenever we hear"}, {"start": "00:17:34", "end": "00:17:40", "text": "news like 376 Bitcoin because you and I"}, {"start": "00:17:38", "end": "00:17:45", "text": "are so used to hearing this company"}, {"start": "00:17:40", "end": "00:17:48", "text": "bought 44,000 Bitcoin. know 376 Bitcoin"}, {"start": "00:17:45", "end": "00:17:51", "text": "is an enormous amount. $25 million worth"}, {"start": "00:17:48", "end": "00:17:55", "text": "of anything is crazy. The purchase was"}, {"start": "00:17:51", "end": "00:17:59", "text": "funded after Capital B completed roughly"}, {"start": "00:17:55", "end": "00:18:02", "text": "uh $35 million in capital raises,"}, {"start": "00:17:59", "end": "00:18:06", "text": "including a private placement"}, {"start": "00:18:02", "end": "00:18:08", "text": "backed by investors Adam Back and Tobam."}, {"start": "00:18:06", "end": "00:18:11", "text": "Tobam."}, {"start": "00:18:08", "end": "00:18:14", "text": "I've never heard that before. T O Bam"}, {"start": "00:18:11", "end": "00:18:16", "text": "Tab Bam. According to an announcement,"}, {"start": "00:18:14", "end": "00:18:19", "text": "the company bought the Bitcoin at an"}, {"start": "00:18:16", "end": "00:18:22", "text": "average price of 67,000"}, {"start": "00:18:19", "end": "00:18:25", "text": "euros a piece with Swiss Coat uh Bank"}, {"start": "00:18:22", "end": "00:18:27", "text": "Europe executing the purchase and Tauros"}, {"start": "00:18:25", "end": "00:18:30", "text": "providing custody. The latest"}, {"start": "00:18:27", "end": "00:18:33", "text": "acquisition was Capital B's largest"}, {"start": "00:18:30", "end": "00:18:37", "text": "since September 2025"}, {"start": "00:18:33", "end": "00:18:41", "text": "when it purchased 551 Bitcoin for 54"}, {"start": "00:18:37", "end": "00:18:44", "text": "million euros. The company also holds 61"}, {"start": "00:18:41", "end": "00:18:46", "text": "Bitcoin for operational purposes per"}, {"start": "00:18:44", "end": "00:18:48", "text": "purchases. Why can't I speak English? I"}, {"start": "00:18:46", "end": "00:18:50", "text": "I I just woke up. Leave me alone. Uh"}, {"start": "00:18:48", "end": "00:18:52", "text": "which it keeps separate from its"}, {"start": "00:18:50", "end": "00:18:55", "text": "Treasury reserve and excludes from its"}, {"start": "00:18:52", "end": "00:19:00", "text": "Bitcoin related performance metrics."}, {"start": "00:18:55", "end": "00:19:03", "text": "Yeah. Not surprised at all. We had some"}, {"start": "00:19:00", "end": "00:19:04", "text": "MetaPlanet news recently as well. I"}, {"start": "00:19:03", "end": "00:19:06", "text": "think they just purchased another"}, {"start": "00:19:04", "end": "00:19:09", "text": "company. I think they're also still"}, {"start": "00:19:06", "end": "00:19:12", "text": "announcing that their goal is to Good"}, {"start": "00:19:09", "end": "00:19:13", "text": "luck y'all. Uh to get to their uh"}, {"start": "00:19:12", "end": "00:19:16", "text": "100,000"}, {"start": "00:19:13", "end": "00:19:20", "text": "Bitcoin quota by the end of this year."}, {"start": "00:19:16", "end": "00:19:23", "text": "Uhhuh. There was also um Micro Strategy"}, {"start": "00:19:20", "end": "00:19:25", "text": "news. This was like two weeks ago."}, {"start": "00:19:23", "end": "00:19:27", "text": "people people were falling into the"}, {"start": "00:19:25", "end": "00:19:30", "text": "streets when this happened. Uh Micro"}, {"start": "00:19:27", "end": "00:19:32", "text": "Strategy finally purchased more Bitcoin."}, {"start": "00:19:30", "end": "00:19:35", "text": "People were elated. They thought it was"}, {"start": "00:19:32", "end": "00:19:39", "text": "just, you know, just the the literal"}, {"start": "00:19:35", "end": "00:19:42", "text": "bees knees um because of how awesome it"}, {"start": "00:19:39", "end": "00:19:46", "text": "is that one company is holding 800,000"}, {"start": "00:19:42", "end": "00:19:49", "text": "Bitcoin. Yeah, this was and I use the"}, {"start": "00:19:46", "end": "00:19:51", "text": "word slightly"}, {"start": "00:19:49", "end": "00:19:55", "text": "slightly popular news. It was heavily"}, {"start": "00:19:51", "end": "00:19:58", "text": "discussed. I think anytime there's some"}, {"start": "00:19:55", "end": "00:20:00", "text": "kind of institutional support for"}, {"start": "00:19:58", "end": "00:20:02", "text": "Bitcoin, it does end up making headlines"}, {"start": "00:20:00", "end": "00:20:05", "text": "just because"}, {"start": "00:20:02", "end": "00:20:09", "text": "that's what a lot of people like. Yeah,"}, {"start": "00:20:05", "end": "00:20:11", "text": "that's the capital B news."}, {"start": "00:20:09", "end": "00:20:14", "text": "And yeah,"}, {"start": "00:20:11", "end": "00:20:17", "text": "let's move on."}, {"start": "00:20:14", "end": "00:20:22", "text": "Um, also in the news as well in part of"}, {"start": "00:20:17", "end": "00:20:24", "text": "uh Oh. Oh, cool. That's That's awesome."}, {"start": "00:20:22", "end": "00:20:27", "text": "Um we're not getting as much as before,"}, {"start": "00:20:24", "end": "00:20:30", "text": "thank goodness, but"}, {"start": "00:20:27", "end": "00:20:32", "text": "um a lot of companies, and I I say"}, {"start": "00:20:30", "end": "00:20:35", "text": "companies because this is the Ethereum"}, {"start": "00:20:32", "end": "00:20:38", "text": "Foundation, are announcing like exact"}, {"start": "00:20:35", "end": "00:20:40", "text": "dates when they want their chains to be"}, {"start": "00:20:38", "end": "00:20:43", "text": "prepared. Uh for those of you not"}, {"start": "00:20:40", "end": "00:20:46", "text": "looking at the screen, it says Ethereum"}, {"start": "00:20:43", "end": "00:20:50", "text": "Foundation is targeting Ethereum quantum"}, {"start": "00:20:46", "end": "00:20:52", "text": "resistance for layer 1, that is Ethereum"}, {"start": "00:20:50", "end": "00:20:54", "text": "for 2029."}, {"start": "00:20:52", "end": "00:20:58", "text": "The Ethereum Foundation is aiming to"}, {"start": "00:20:54", "end": "00:21:02", "text": "make Ethereum's layer 1 fully resistant"}, {"start": "00:20:58", "end": "00:21:05", "text": "to quantum computing attacks by December"}, {"start": "00:21:02", "end": "00:21:08", "text": "2020. Oh gosh. Oh boy. Every single time"}, {"start": "00:21:05", "end": "00:21:11", "text": "that Ethereum says or [snorts] chooses a"}, {"start": "00:21:08", "end": "00:21:14", "text": "date, it's usually like four or five"}, {"start": "00:21:11", "end": "00:21:16", "text": "months off. So, I assume this will"}, {"start": "00:21:14", "end": "00:21:19", "text": "happen March 2030. It sounds like I'm"}, {"start": "00:21:16", "end": "00:21:23", "text": "joking. I'm not. This is This is what"}, {"start": "00:21:19", "end": "00:21:26", "text": "they always end up doing. We had news"}, {"start": "00:21:23", "end": "00:21:30", "text": "recently from Charles Hoskinson uh about"}, {"start": "00:21:26", "end": "00:21:33", "text": "Cardano. Apparently, Cardano is also"}, {"start": "00:21:30", "end": "00:21:36", "text": "working on uh quantum resistance as"}, {"start": "00:21:33", "end": "00:21:37", "text": "well, as one might have imagined. Uh but"}, {"start": "00:21:36", "end": "00:21:39", "text": "I think they said that they're going to"}, {"start": "00:21:37", "end": "00:21:43", "text": "go month by month. So instead of doing"}, {"start": "00:21:39", "end": "00:21:46", "text": "one massive gargantuan upgrade that"}, {"start": "00:21:43", "end": "00:21:49", "text": "could potentially wobble the system"}, {"start": "00:21:46", "end": "00:21:52", "text": "every month or so they will add extra"}, {"start": "00:21:49", "end": "00:21:55", "text": "layers of protection so that by the year"}, {"start": "00:21:52", "end": "00:21:57", "text": "2029 which is kind of the number that"}, {"start": "00:21:55", "end": "00:22:00", "text": "everyone is throwing out there. Cardano"}, {"start": "00:21:57", "end": "00:22:04", "text": "will also be quantum resistant. There"}, {"start": "00:22:00", "end": "00:22:07", "text": "are multiple proposals still for uh"}, {"start": "00:22:04", "end": "00:22:12", "text": "Bitcoin being thrown around also being"}, {"start": "00:22:07", "end": "00:22:15", "text": "told 2029. I don't think we've been told"}, {"start": "00:22:12", "end": "00:22:18", "text": "an exact date for XRP quantum"}, {"start": "00:22:15", "end": "00:22:20", "text": "resistance, but we know that it's being"}, {"start": "00:22:18", "end": "00:22:24", "text": "worked on. Uh this is just kind of if"}, {"start": "00:22:20", "end": "00:22:26", "text": "you haven't seen any like quantum news,"}, {"start": "00:22:24", "end": "00:22:30", "text": "not that you might have or would have."}, {"start": "00:22:26", "end": "00:22:32", "text": "It's been popping up uh slightly a lot"}, {"start": "00:22:30", "end": "00:22:35", "text": "more online."}, {"start": "00:22:32", "end": "00:22:37", "text": "I think it's just a very easy way to get"}, {"start": "00:22:35", "end": "00:22:40", "text": "people to like click news articles. If"}, {"start": "00:22:37", "end": "00:22:43", "text": "you tell people that the entire internet"}, {"start": "00:22:40", "end": "00:22:46", "text": "is going to be ripped to shreds by"}, {"start": "00:22:43", "end": "00:22:49", "text": "quantum computers in the year 2033, it's"}, {"start": "00:22:46", "end": "00:22:50", "text": "going to cause some clicks. Uh, but it"}, {"start": "00:22:49", "end": "00:22:53", "text": "entered the crypto news around"}, {"start": "00:22:50", "end": "00:22:55", "text": "springtime when everyone was told that"}, {"start": "00:22:53", "end": "00:22:58", "text": "quantum computers would be strong enough"}, {"start": "00:22:55", "end": "00:23:00", "text": "to"}, {"start": "00:22:58", "end": "00:23:03", "text": "break apart blockchains."}, {"start": "00:23:00", "end": "00:23:06", "text": "So now every single coin is I I guess"}, {"start": "00:23:03", "end": "00:23:07", "text": "for shareholders, I don't really know,"}, {"start": "00:23:06", "end": "00:23:09", "text": "announcing that they're going to fix it."}, {"start": "00:23:07", "end": "00:23:12", "text": "And I"}, {"start": "00:23:09", "end": "00:23:14", "text": "am am typically annoyed by the news"}, {"start": "00:23:12", "end": "00:23:15", "text": "because this was probably never really"}, {"start": "00:23:14", "end": "00:23:18", "text": "an issue. Like I told you, this is like"}, {"start": "00:23:15", "end": "00:23:20", "text": "the Y2K of crypto."}, {"start": "00:23:18", "end": "00:23:22", "text": "It was never really an issue because it"}, {"start": "00:23:20", "end": "00:23:25", "text": "was going to be fixed. The average"}, {"start": "00:23:22", "end": "00:23:28", "text": "person who like complained about this or"}, {"start": "00:23:25", "end": "00:23:32", "text": "was talking about this online, on"}, {"start": "00:23:28", "end": "00:23:35", "text": "Twitter, on Reddit, in the interwebs,"}, {"start": "00:23:32", "end": "00:23:37", "text": "they they hold like half an Ethereum."}, {"start": "00:23:35", "end": "00:23:39", "text": "The people who hold like 10,000"}, {"start": "00:23:37", "end": "00:23:41", "text": "Ethereum, like in the Ethereum"}, {"start": "00:23:39", "end": "00:23:42", "text": "Foundation, they knew that this was"}, {"start": "00:23:41", "end": "00:23:44", "text": "going to be a thing. So, it's going to"}, {"start": "00:23:42", "end": "00:23:47", "text": "be worked on. There's a difference"}, {"start": "00:23:44", "end": "00:23:50", "text": "between in the future Ethereum's price"}, {"start": "00:23:47", "end": "00:23:52", "text": "goes up and the average that person"}, {"start": "00:23:50", "end": "00:23:54", "text": "they're holding $38,000 worth of"}, {"start": "00:23:52", "end": "00:23:57", "text": "Ethereum compared to the people in the"}, {"start": "00:23:54", "end": "00:23:59", "text": "foundation who have $1.7 billion. It"}, {"start": "00:23:57", "end": "00:24:02", "text": "means a lot more to them. So, it's going"}, {"start": "00:23:59", "end": "00:24:05", "text": "to be fixed. Anyway, that's just my kind"}, {"start": "00:24:02", "end": "00:24:09", "text": "of thing. So, this was also popping up a"}, {"start": "00:24:05", "end": "00:24:13", "text": "lot. uh whenever we get exact dates for"}, {"start": "00:24:09", "end": "00:24:16", "text": "stuff, it tends to calm the mind in some"}, {"start": "00:24:13", "end": "00:24:18", "text": "sort of way. December 2029, we're going"}, {"start": "00:24:16", "end": "00:24:19", "text": "to work on this. I think many other"}, {"start": "00:24:18", "end": "00:24:21", "text": "chains will have it done before, so"}, {"start": "00:24:19", "end": "00:24:25", "text": "they'll be able to stand on the pedestal"}, {"start": "00:24:21", "end": "00:24:29", "text": "and celebrate. Ethereum historically"}, {"start": "00:24:25", "end": "00:24:31", "text": "tends to take a little bit longer. I"}, {"start": "00:24:29", "end": "00:24:34", "text": "mean, same with Cardono. Let's not let's"}, {"start": "00:24:31", "end": "00:24:39", "text": "not lie to ourselves here. So, uh, we"}, {"start": "00:24:34", "end": "00:24:44", "text": "might see some like middle 2030 quantum"}, {"start": "00:24:39", "end": "00:24:46", "text": "resistance kind of thing. Uh, 2029 also"}, {"start": "00:24:44", "end": "00:24:50", "text": "supposedly"}, {"start": "00:24:46", "end": "00:24:55", "text": "the year where Ethereum is at $50,000"}, {"start": "00:24:50", "end": "00:24:59", "text": "per coin just because in Oh, wow. Yeah."}, {"start": "00:24:55", "end": "00:25:02", "text": "In less than four weeks."}, {"start": "00:24:59", "end": "00:25:05", "text": "in less than four weeks. It's supposed"}, {"start": "00:25:02", "end": "00:25:07", "text": "to be the official beginning of the next"}, {"start": "00:25:05", "end": "00:25:10", "text": "three years."}, {"start": "00:25:07", "end": "00:25:14", "text": "Three next three years of prices going"}, {"start": "00:25:10", "end": "00:25:19", "text": "up. So, we have a lot to look forward"}, {"start": "00:25:14", "end": "00:25:22", "text": "to. Uh tying I'll say directly this this"}, {"start": "00:25:19", "end": "00:25:27", "text": "feels directly compatible. Uh more"}, {"start": "00:25:22", "end": "00:25:30", "text": "Ethereum update and upgrade news. It"}, {"start": "00:25:27", "end": "00:25:34", "text": "says Ethereum is moving towards a major"}, {"start": "00:25:30", "end": "00:25:37", "text": "transaction redesign that could let"}, {"start": "00:25:34", "end": "00:25:40", "text": "users pay network fees without holding"}, {"start": "00:25:37", "end": "00:25:43", "text": "Ethereum itself. Yeah, most network fees"}, {"start": "00:25:40", "end": "00:25:46", "text": "for the network usually has to be paid"}, {"start": "00:25:43", "end": "00:25:48", "text": "in that coin. You pay XRP transaction"}, {"start": "00:25:46", "end": "00:25:52", "text": "fees with XRP."}, {"start": "00:25:48", "end": "00:25:57", "text": "That's that's how it works. Developers"}, {"start": "00:25:52", "end": "00:25:57", "text": "have scheduled EIP8141"}, {"start": "00:25:57", "end": "00:26:05", "text": "called frame transactions for the"}, {"start": "00:26:00", "end": "00:26:08", "text": "planned 2027 Higota upgrade. Ethereum is"}, {"start": "00:26:05", "end": "00:26:11", "text": "supposed to have an upgrade I think or"}, {"start": "00:26:08", "end": "00:26:12", "text": "an update to the system in the next"}, {"start": "00:26:11", "end": "00:26:15", "text": "couple of weeks. There's also I believe"}, {"start": "00:26:12", "end": "00:26:18", "text": "one planned for the end of the year and"}, {"start": "00:26:15", "end": "00:26:20", "text": "then uh what was the other one? There's"}, {"start": "00:26:18", "end": "00:26:22", "text": "another interesting named sounding one"}, {"start": "00:26:20", "end": "00:26:26", "text": "because they named them after places and"}, {"start": "00:26:22", "end": "00:26:27", "text": "things. Uh, still no burrito though. Um,"}, {"start": "00:26:26", "end": "00:26:30", "text": "yeah. So, Ethereum is supposed to be"}, {"start": "00:26:27", "end": "00:26:33", "text": "getting all these upgrades to the system"}, {"start": "00:26:30", "end": "00:26:37", "text": "and this is namely because Ethereum is"}, {"start": "00:26:33", "end": "00:26:41", "text": "still insanely slow compared to what"}, {"start": "00:26:37", "end": "00:26:43", "text": "it's supposed to be capable of doing and"}, {"start": "00:26:41", "end": "00:26:46", "text": "for the attention being paid to it."}, {"start": "00:26:43", "end": "00:26:51", "text": "Ethereum's layer 1 and layer twos"}, {"start": "00:26:46", "end": "00:26:55", "text": "combined do not equal the speed capacity"}, {"start": "00:26:51", "end": "00:26:58", "text": "for Visa or Mastercard. So we have been"}, {"start": "00:26:55", "end": "00:27:03", "text": "told once again very similar to 2016 and"}, {"start": "00:26:58", "end": "00:27:07", "text": "2017 that in 2027 Ethereum and its"}, {"start": "00:27:03", "end": "00:27:10", "text": "layers combined will be able to do"}, {"start": "00:27:07", "end": "00:27:13", "text": "gargantuan amount of transactions. Will"}, {"start": "00:27:10", "end": "00:27:16", "text": "that transpire? probably not cuz this is"}, {"start": "00:27:13", "end": "00:27:18", "text": "just the way that that project works."}, {"start": "00:27:16", "end": "00:27:21", "text": "So, in between twix all of this, there"}, {"start": "00:27:18", "end": "00:27:24", "text": "are always tons of little extra upgrades"}, {"start": "00:27:21", "end": "00:27:27", "text": "that they're trying to get through or to"}, {"start": "00:27:24", "end": "00:27:29", "text": "make it easier to use, whatever the case"}, {"start": "00:27:27", "end": "00:27:34", "text": "might be. I don't understand why there"}, {"start": "00:27:29", "end": "00:27:36", "text": "simply isn't just a cap"}, {"start": "00:27:34", "end": "00:27:39", "text": "on top of transaction fees, why there"}, {"start": "00:27:36", "end": "00:27:41", "text": "are always fluctuations. I understand if"}, {"start": "00:27:39", "end": "00:27:43", "text": "the network is being used more that"}, {"start": "00:27:41", "end": "00:27:46", "text": "would raise transaction fees but may"}, {"start": "00:27:43", "end": "00:27:48", "text": "maybe no because there are multiple"}, {"start": "00:27:46", "end": "00:27:52", "text": "there are multiple other chains that"}, {"start": "00:27:48", "end": "00:27:54", "text": "when you transact on them the fee is 1"}, {"start": "00:27:52", "end": "00:27:55", "text": "cent or less"}, {"start": "00:27:54", "end": "00:27:58", "text": "why are we still talking about"}, {"start": "00:27:55", "end": "00:28:00", "text": "fluctuating transaction fees and then"}, {"start": "00:27:58", "end": "00:28:02", "text": "since we talk about that discussion goes"}, {"start": "00:28:00", "end": "00:28:04", "text": "well okay well if transaction fees get"}, {"start": "00:28:02", "end": "00:28:09", "text": "too high then you can pay with a stable"}, {"start": "00:28:04", "end": "00:28:12", "text": "coin how about you just put a cap on it"}, {"start": "00:28:09", "end": "00:28:14", "text": "to make sure that the transaction fee is"}, {"start": "00:28:12", "end": "00:28:17", "text": "1 cent or lower. Like it can it can"}, {"start": "00:28:14", "end": "00:28:20", "text": "never go higher than 1 cent. Why is why"}, {"start": "00:28:17", "end": "00:28:22", "text": "is that not an upgrade that's happening"}, {"start": "00:28:20", "end": "00:28:26", "text": "to the system? Why is it that during"}, {"start": "00:28:22", "end": "00:28:28", "text": "really intense bull run times, Cardano's"}, {"start": "00:28:26", "end": "00:28:32", "text": "transaction fee is 1 cent, XRP's"}, {"start": "00:28:28", "end": "00:28:32", "text": "transaction fee is 1 cent."}, {"start": "00:28:33", "end": "00:28:40", "text": "A lot of important progress on EIP8141"}, {"start": "00:28:37", "end": "00:28:44", "text": "has been quietly happening over the past"}, {"start": "00:28:40", "end": "00:28:46", "text": "few months. Uh yada yada yada. Oh, this"}, {"start": "00:28:44", "end": "00:28:48", "text": "is this is um a tweet from Vitalic. He"}, {"start": "00:28:46", "end": "00:28:52", "text": "said, \"Highly recommend reading this."}, {"start": "00:28:48", "end": "00:28:55", "text": "It's an upgrade to it. Core developers"}, {"start": "00:28:52", "end": "00:28:58", "text": "uh scheduled EIP8141"}, {"start": "00:28:55", "end": "00:29:01", "text": "during the 27th of August. All core"}, {"start": "00:28:58", "end": "00:29:03", "text": "developers execution call. The proposal"}, {"start": "00:29:01", "end": "00:29:05", "text": "remains a draft. So developers could"}, {"start": "00:29:03", "end": "00:29:10", "text": "still change its technical design before"}, {"start": "00:29:05", "end": "00:29:13", "text": "deployment. Fantastic. I I just"}, {"start": "00:29:10", "end": "00:29:16", "text": "I listen, I'm I'm not a coder. I'm not a"}, {"start": "00:29:13", "end": "00:29:18", "text": "developer, but I just always wonder uh"}, {"start": "00:29:16", "end": "00:29:21", "text": "why some chains are capable of doing it"}, {"start": "00:29:18", "end": "00:29:24", "text": "and others simply don't. That's always"}, {"start": "00:29:21", "end": "00:29:27", "text": "been a bit of a conundrum to me. The"}, {"start": "00:29:24", "end": "00:29:30", "text": "last 10 years with Ethereum have just"}, {"start": "00:29:27", "end": "00:29:32", "text": "kind of been this really weird"}, {"start": "00:29:30", "end": "00:29:35", "text": "discussion about upgrading the system"}, {"start": "00:29:32", "end": "00:29:37", "text": "and updating it and doing so and so. It"}, {"start": "00:29:35", "end": "00:29:39", "text": "made more sense when there were people"}, {"start": "00:29:37", "end": "00:29:42", "text": "mining"}, {"start": "00:29:39", "end": "00:29:44", "text": "Ethereum with like all the machines a"}, {"start": "00:29:42", "end": "00:29:46", "text": "decade ago and they were trying to make"}, {"start": "00:29:44", "end": "00:29:47", "text": "sure that these people would continue"}, {"start": "00:29:46", "end": "00:29:49", "text": "mining Ethereum. They were appeasing"}, {"start": "00:29:47", "end": "00:29:51", "text": "them, saying it's okay, we can have"}, {"start": "00:29:49", "end": "00:29:53", "text": "higher transaction fees so that the"}, {"start": "00:29:51", "end": "00:29:56", "text": "people who are mining it would be paid"}, {"start": "00:29:53", "end": "00:29:58", "text": "or rewarded in some sort of way. But"}, {"start": "00:29:56", "end": "00:30:01", "text": "proof of stake seems completely"}, {"start": "00:29:58", "end": "00:30:03", "text": "pointless if you're going to not lower"}, {"start": "00:30:01", "end": "00:30:06", "text": "transaction fees and just simply"}, {"start": "00:30:03", "end": "00:30:08", "text": "increase the actual transactions"}, {"start": "00:30:06", "end": "00:30:10", "text": "on the system. I don't understand why"}, {"start": "00:30:08", "end": "00:30:11", "text": "there's always like a workaround all"}, {"start": "00:30:10", "end": "00:30:14", "text": "these things because as I mentioned"}, {"start": "00:30:11", "end": "00:30:17", "text": "before"}, {"start": "00:30:14", "end": "00:30:20", "text": "while Ethereum is the number one altcoin"}, {"start": "00:30:17", "end": "00:30:23", "text": "Cardano works and I and I say this"}, {"start": "00:30:20", "end": "00:30:26", "text": "nicely. Salana works."}, {"start": "00:30:23", "end": "00:30:27", "text": "XRP works."}, {"start": "00:30:26", "end": "00:30:29", "text": "There are other chains. There are other"}, {"start": "00:30:27", "end": "00:30:33", "text": "coins that actually move a lot faster"}, {"start": "00:30:29", "end": "00:30:35", "text": "and have much lower transaction fees. So"}, {"start": "00:30:33", "end": "00:30:38", "text": "you got to do something at some point."}, {"start": "00:30:35", "end": "00:30:40", "text": "Okay, everyone."}, {"start": "00:30:38", "end": "00:30:43", "text": "That is definitely going to do it for"}, {"start": "00:30:40", "end": "00:30:45", "text": "this video. I still sound tired, I know,"}, {"start": "00:30:43", "end": "00:30:46", "text": "but it's because I am. What what what am"}, {"start": "00:30:45", "end": "00:30:49", "text": "I supposed to do? I, you know, I can't I"}, {"start": "00:30:46", "end": "00:30:52", "text": "can't I can't fix it. Um, hope you're"}, {"start": "00:30:49", "end": "00:30:55", "text": "all doing well. Hope you're all uh"}, {"start": "00:30:52", "end": "00:30:57", "text": "remembering to invest. Don't forget to"}, {"start": "00:30:55", "end": "00:31:00", "text": "buy an asset today. I don't care what it"}, {"start": "00:30:57", "end": "00:31:03", "text": "is, as long as you invest in something,"}, {"start": "00:31:00", "end": "00:31:07", "text": "it is very important for your future. I"}, {"start": "00:31:03", "end": "00:31:09", "text": "do hope that you have all enjoyed. I do"}, {"start": "00:31:07", "end": "00:31:10", "text": "hope you're all having a great day, a"}, {"start": "00:31:09", "end": "00:31:12", "text": "great morning, a great afternoon, a"}, {"start": "00:31:10", "end": "00:31:14", "text": "great evening, wherever you are,"}, {"start": "00:31:12", "end": "00:31:17", "text": "wherever the heck you might be. I do"}, {"start": "00:31:14", "end": "00:31:20", "text": "hope that it is absolutely fantastic."}, {"start": "00:31:17", "end": "00:31:22", "text": "Thank you all once again for watching,"}, {"start": "00:31:20", "end": "00:31:25", "text": "listening, liking, commenting, and"}, {"start": "00:31:22", "end": "00:31:30", "text": "supporting the channel. And I will most"}, {"start": "00:31:25", "end": "00:31:34", "text": "certainly be talking to you all soon."}, {"start": "00:31:30", "end": "00:31:34", "text": "See you."}]

[{"start": "00:00:01", "end": "00:00:07", "text": "Hello everybody."}, {"start": "00:00:04", "end": "00:00:10", "text": "Welcome back for another video. Good"}, {"start": "00:00:07", "end": "00:00:12", "text": "[clears throat] morning, good afternoon,"}, {"start": "00:00:10", "end": "00:00:12", "text": "good evening."}, {"start": "00:00:12", "end": "00:00:15", "text": "Uh,"}, {"start": "00:00:12", "end": "00:00:16", "text": "wherever you are. Hope you're all doing"}, {"start": "00:00:15", "end": "00:00:18", "text": "well."}, {"start": "00:00:16", "end": "00:00:22", "text": "Sincerely hope you're all doing"}, {"start": "00:00:18", "end": "00:00:25", "text": "absolutely fantastic because there's"}, {"start": "00:00:22", "end": "00:00:27", "text": "just like eight 8,000 is the number."}, {"start": "00:00:25", "end": "00:00:30", "text": "8,000 things"}, {"start": "00:00:27", "end": "00:00:32", "text": "going on in the world right now. So, I"}, {"start": "00:00:30", "end": "00:00:34", "text": "hope you're all"}, {"start": "00:00:32", "end": "00:00:35", "text": "doing great."}, {"start": "00:00:34", "end": "00:00:37", "text": "Um"}, {"start": "00:00:35", "end": "00:00:39", "text": "Gigantic thank you. Oh, also just woke"}, {"start": "00:00:37", "end": "00:00:40", "text": "up."}, {"start": "00:00:39", "end": "00:00:41", "text": "What What am What What am I supposed to"}, {"start": "00:00:40", "end": "00:00:43", "text": "do? So,"}, {"start": "00:00:41", "end": "00:00:46", "text": "um yes."}, {"start": "00:00:43", "end": "00:00:48", "text": "Uh, very big thank you to Finley Bass,"}, {"start": "00:00:46", "end": "00:00:52", "text": "Gil Boa Snake,"}, {"start": "00:00:48", "end": "00:00:53", "text": "Trent Jackson, Gypsy Queen, Alexander"}, {"start": "00:00:52", "end": "00:01:00", "text": "the Greek,"}, {"start": "00:00:53", "end": "00:01:02", "text": "Lyle Austin, FT Clown, and Livio C."}, {"start": "00:01:00", "end": "00:01:05", "text": "Very big thank you to all of my Patreon"}, {"start": "00:01:02", "end": "00:01:08", "text": "supporters. Uh, for those of you looking"}, {"start": "00:01:05", "end": "00:01:08", "text": "to be awesome,"}, {"start": "00:01:08", "end": "00:01:10", "text": ">> [laughter]"}, {"start": "00:01:08", "end": "00:01:13", "text": ">> I don't know. There are links in the"}, {"start": "00:01:10", "end": "00:01:15", "text": "description below the video. Uh, without"}, {"start": "00:01:13", "end": "00:01:17", "text": "any further ado,"}, {"start": "00:01:15", "end": "00:01:20", "text": "let's jump right into it. How's everyone"}, {"start": "00:01:17", "end": "00:01:21", "text": "doing? What's new?"}, {"start": "00:01:20", "end": "00:01:24", "text": "What have you all been investing in?"}, {"start": "00:01:21", "end": "00:01:25", "text": "That's a real question."}, {"start": "00:01:24", "end": "00:01:27", "text": "I've been"}, {"start": "00:01:25", "end": "00:01:29", "text": "I don't know. I've kind of been all over"}, {"start": "00:01:27", "end": "00:01:32", "text": "the place when it comes to investing"}, {"start": "00:01:29", "end": "00:01:34", "text": "recently. I'm trying to Maybe I'm doing"}, {"start": "00:01:32", "end": "00:01:37", "text": "too much. I'm trying to invest in like"}, {"start": "00:01:34", "end": "00:01:41", "text": "five different things at the same time,"}, {"start": "00:01:37", "end": "00:01:45", "text": "while also trying to remember to save"}, {"start": "00:01:41", "end": "00:01:47", "text": "money and allocate funds in the future"}, {"start": "00:01:45", "end": "00:01:49", "text": "to real estate purchases, but it gets"}, {"start": "00:01:47", "end": "00:01:51", "text": "kind of difficult because I see stuff"}, {"start": "00:01:49", "end": "00:01:54", "text": "sitting in front of me right now that I"}, {"start": "00:01:51", "end": "00:01:55", "text": "immediately want to invest in."}, {"start": "00:01:54", "end": "00:01:57", "text": "Real estate investing, at least for me,"}, {"start": "00:01:55", "end": "00:01:58", "text": "is like very uh"}, {"start": "00:01:57", "end": "00:02:00", "text": "uh"}, {"start": "00:01:58", "end": "00:02:02", "text": "the word's not zen, but like it takes"}, {"start": "00:02:00", "end": "00:02:04", "text": "like a lot of discipline"}, {"start": "00:02:02", "end": "00:02:06", "text": "to kind of not put funds somewhere else."}, {"start": "00:02:04", "end": "00:02:08", "text": "Real estate is one of my like favorite"}, {"start": "00:02:06", "end": "00:02:09", "text": "things in the entire world. I don't know"}, {"start": "00:02:08", "end": "00:02:11", "text": "why. I just"}, {"start": "00:02:09", "end": "00:02:14", "text": "completely love it."}, {"start": "00:02:11", "end": "00:02:16", "text": "Um a lot of crypto news right now is"}, {"start": "00:02:14", "end": "00:02:18", "text": "revolving obviously"}, {"start": "00:02:16", "end": "00:02:21", "text": "around the future"}, {"start": "00:02:18", "end": "00:02:22", "text": "around the expectations for the Clarity"}, {"start": "00:02:21", "end": "00:02:25", "text": "Act."}, {"start": "00:02:22", "end": "00:02:27", "text": "It I It either is or isn't going to"}, {"start": "00:02:25", "end": "00:02:31", "text": "happen. There has been some news in the"}, {"start": "00:02:27", "end": "00:02:33", "text": "last day that's popping up where a lot"}, {"start": "00:02:31", "end": "00:02:35", "text": "of politicians are kind of saying they"}, {"start": "00:02:33", "end": "00:02:38", "text": "don't expect it to happen."}, {"start": "00:02:35", "end": "00:02:40", "text": "We're then having a lot of counter"}, {"start": "00:02:38", "end": "00:02:41", "text": "arguments with people being like, \"Yeah,"}, {"start": "00:02:40", "end": "00:02:43", "text": "we're going to get this done. It's going"}, {"start": "00:02:41", "end": "00:02:45", "text": "to happen.\""}, {"start": "00:02:43", "end": "00:02:47", "text": "You and I aren't a part of these"}, {"start": "00:02:45", "end": "00:02:50", "text": "billion-dollar conversations. We're not"}, {"start": "00:02:47", "end": "00:02:51", "text": "in the rooms with these people, so we"}, {"start": "00:02:50", "end": "00:02:53", "text": "don't know"}, {"start": "00:02:51", "end": "00:02:55", "text": "what's going to be, but"}, {"start": "00:02:53", "end": "00:02:58", "text": "as I keep saying, either way the crypto"}, {"start": "00:02:55", "end": "00:03:00", "text": "market will do just fine. There are a"}, {"start": "00:02:58", "end": "00:03:02", "text": "lot of discussions right now, and I I I"}, {"start": "00:03:00", "end": "00:03:04", "text": "don't know how how we keep"}, {"start": "00:03:02", "end": "00:03:04", "text": "getting here."}, {"start": "00:03:04", "end": "00:03:07", "text": ">> [snorts]"}, {"start": "00:03:04", "end": "00:03:09", "text": ">> There's like a really weird obsession"}, {"start": "00:03:07", "end": "00:03:12", "text": "that people have"}, {"start": "00:03:09", "end": "00:03:14", "text": "with Bitcoin overtaking gold."}, {"start": "00:03:12", "end": "00:03:18", "text": "I guess historically gold is meant to be"}, {"start": "00:03:14", "end": "00:03:21", "text": "this kind of like basis for wealth, and"}, {"start": "00:03:18", "end": "00:03:25", "text": "if Bitcoin can surpass that,"}, {"start": "00:03:21", "end": "00:03:26", "text": "then therefore Bitcoin comes out on top."}, {"start": "00:03:25", "end": "00:03:28", "text": "There have been I mean, this was This is"}, {"start": "00:03:26", "end": "00:03:30", "text": "like old-school kind of"}, {"start": "00:03:28", "end": "00:03:32", "text": "the amount of speculation"}, {"start": "00:03:30", "end": "00:03:35", "text": "for the future of Bitcoin's price and"}, {"start": "00:03:32", "end": "00:03:37", "text": "what then happens to gold kind of"}, {"start": "00:03:35", "end": "00:03:39", "text": "revolves around Bitcoin's price"}, {"start": "00:03:37", "end": "00:03:40", "text": "obviously and market cap going past"}, {"start": "00:03:39", "end": "00:03:43", "text": "gold."}, {"start": "00:03:40", "end": "00:03:46", "text": "The expectation is is slightly that we"}, {"start": "00:03:43", "end": "00:03:48", "text": "would start to see a lot of people who"}, {"start": "00:03:46", "end": "00:03:51", "text": "hold gold and other precious metals"}, {"start": "00:03:48", "end": "00:03:53", "text": "begin to then slowly"}, {"start": "00:03:51", "end": "00:03:55", "text": "allocate some of their gold power"}, {"start": "00:03:53", "end": "00:03:57", "text": "into Bitcoin. So, you would see"}, {"start": "00:03:55", "end": "00:03:58", "text": "Bitcoin's price go over a certain"}, {"start": "00:03:57", "end": "00:04:00", "text": "number."}, {"start": "00:03:58", "end": "00:04:02", "text": "And then the people who are holding gold"}, {"start": "00:04:00", "end": "00:04:06", "text": "will go, \"Okay, fine."}, {"start": "00:04:02", "end": "00:04:08", "text": "I'll move 1 oz of gold into Bitcoin.\""}, {"start": "00:04:06", "end": "00:04:10", "text": "Bitcoin's price goes to a million. They"}, {"start": "00:04:08", "end": "00:04:12", "text": "go, \"Okay, fine."}, {"start": "00:04:10", "end": "00:04:13", "text": "2 oz.\""}, {"start": "00:04:12", "end": "00:04:15", "text": "And that would then dwindle, if you"}, {"start": "00:04:13", "end": "00:04:17", "text": "will, the demand for gold and push it"}, {"start": "00:04:15", "end": "00:04:19", "text": "into"}, {"start": "00:04:17", "end": "00:04:20", "text": "Bitcoin. I"}, {"start": "00:04:19", "end": "00:04:23", "text": "I'm I'm I'm I'm trying to be frank with"}, {"start": "00:04:20", "end": "00:04:24", "text": "all of you. It's so weird to be here."}, {"start": "00:04:23", "end": "00:04:26", "text": "It's so weird to be in the"}, {"start": "00:04:24", "end": "00:04:27", "text": "cryptocurrency market. It's so odd to"}, {"start": "00:04:26", "end": "00:04:29", "text": "think about all of this."}, {"start": "00:04:27", "end": "00:04:32", "text": "It's like wh- wh- wh- when I was"}, {"start": "00:04:29", "end": "00:04:34", "text": "younger, there was a very clear"}, {"start": "00:04:32", "end": "00:04:35", "text": "definition"}, {"start": "00:04:34", "end": "00:04:38", "text": "of what like wealth was or like what"}, {"start": "00:04:35", "end": "00:04:40", "text": "wealth meant."}, {"start": "00:04:38", "end": "00:04:43", "text": "Wealth meant having a house,"}, {"start": "00:04:40", "end": "00:04:45", "text": "uh white picket fence."}, {"start": "00:04:43", "end": "00:04:47", "text": "You you had like a job, and that was the"}, {"start": "00:04:45", "end": "00:04:48", "text": "job that you basically had until you"}, {"start": "00:04:47", "end": "00:04:50", "text": "retired."}, {"start": "00:04:48", "end": "00:04:52", "text": "You had some savings. The idea, even"}, {"start": "00:04:50", "end": "00:04:54", "text": "when I was younger, of like gold was"}, {"start": "00:04:52", "end": "00:04:57", "text": "almost something like mythical."}, {"start": "00:04:54", "end": "00:04:59", "text": "Like kings have gold. Normal people"}, {"start": "00:04:57", "end": "00:05:02", "text": "don't have gold. There were very like"}, {"start": "00:04:59", "end": "00:05:05", "text": "clear-cut definitions of like what would"}, {"start": "00:05:02", "end": "00:05:07", "text": "make someone wealthy and rich."}, {"start": "00:05:05", "end": "00:05:10", "text": "The the the cryptocurrency space has"}, {"start": "00:05:07", "end": "00:05:11", "text": "been a a journey for me because it has"}, {"start": "00:05:10", "end": "00:05:14", "text": "completely"}, {"start": "00:05:11", "end": "00:05:17", "text": "shattered any kind of idea of what I"}, {"start": "00:05:14", "end": "00:05:19", "text": "could have thought money or wealth"}, {"start": "00:05:17", "end": "00:05:20", "text": "actually were."}, {"start": "00:05:19", "end": "00:05:22", "text": "I have something similar with art. We're"}, {"start": "00:05:20", "end": "00:05:23", "text": "not going to talk about art, but I have"}, {"start": "00:05:22", "end": "00:05:26", "text": "something similar with it where I"}, {"start": "00:05:23", "end": "00:05:27", "text": "thought art my entire life was just one"}, {"start": "00:05:26", "end": "00:05:28", "text": "thing."}, {"start": "00:05:27", "end": "00:05:29", "text": "And then I found some artists, and I'm"}, {"start": "00:05:28", "end": "00:05:31", "text": "like,"}, {"start": "00:05:29", "end": "00:05:33", "text": "\"No, this is this is something else"}, {"start": "00:05:31", "end": "00:05:35", "text": "entirely.\" Which I guess is"}, {"start": "00:05:33", "end": "00:05:36", "text": "the fascinating part of life."}, {"start": "00:05:35", "end": "00:05:39", "text": "But,"}, {"start": "00:05:36", "end": "00:05:39", "text": "the discussions are like"}, {"start": "00:05:39", "end": "00:05:45", "text": "It sounds fun"}, {"start": "00:05:41", "end": "00:05:50", "text": "for us being in crypto"}, {"start": "00:05:45", "end": "00:05:52", "text": "for XRP to take over the banking sector."}, {"start": "00:05:50", "end": "00:05:55", "text": "It sounds really cool for bit for"}, {"start": "00:05:52", "end": "00:05:57", "text": "Bitcoin to be used by governments like,"}, {"start": "00:05:55", "end": "00:06:00", "text": "you know, Bitcoin goes to a million, it"}, {"start": "00:05:57", "end": "00:06:01", "text": "takes over the US dollar."}, {"start": "00:06:00", "end": "00:06:04", "text": "Have you Have you thought about like"}, {"start": "00:06:01", "end": "00:06:07", "text": "what comes after? Like what that means"}, {"start": "00:06:04", "end": "00:06:09", "text": "for you and like your family?"}, {"start": "00:06:07", "end": "00:06:12", "text": "The amount of wealth that you're then"}, {"start": "00:06:09", "end": "00:06:14", "text": "holding. Like gold has been gold for"}, {"start": "00:06:12", "end": "00:06:16", "text": "thousands of years, as long as we can"}, {"start": "00:06:14", "end": "00:06:19", "text": "tell."}, {"start": "00:06:16", "end": "00:06:22", "text": "Imagine if in 20 years"}, {"start": "00:06:19", "end": "00:06:24", "text": "20 a new technology comes and like"}, {"start": "00:06:22", "end": "00:06:28", "text": "erases 5,000"}, {"start": "00:06:24", "end": "00:06:30", "text": "years of momentum behind gold."}, {"start": "00:06:28", "end": "00:06:32", "text": "Have you thought about that?"}, {"start": "00:06:30", "end": "00:06:35", "text": "Like what happens"}, {"start": "00:06:32", "end": "00:06:38", "text": "if this idea of what money is that we've"}, {"start": "00:06:35", "end": "00:06:40", "text": "relatively had for 300 or 400 years."}, {"start": "00:06:38", "end": "00:06:41", "text": "Money has of course shifted in the last"}, {"start": "00:06:40", "end": "00:06:44", "text": "couple hundred years, but you know,"}, {"start": "00:06:41", "end": "00:06:46", "text": "paper currency, coins, you know,"}, {"start": "00:06:44", "end": "00:06:49", "text": "whatever."}, {"start": "00:06:46", "end": "00:06:51", "text": "What if that just exclusively becomes"}, {"start": "00:06:49", "end": "00:06:53", "text": "digital?"}, {"start": "00:06:51", "end": "00:06:54", "text": "We keep hearing that all this stuff"}, {"start": "00:06:53", "end": "00:06:57", "text": "is being like integrated by governments"}, {"start": "00:06:54", "end": "00:06:59", "text": "and these other systems like"}, {"start": "00:06:57", "end": "00:07:02", "text": "I I I I I stop and think about these"}, {"start": "00:06:59", "end": "00:07:04", "text": "things sometimes just because of how"}, {"start": "00:07:02", "end": "00:07:07", "text": "weird it kind of seems to me. Like what"}, {"start": "00:07:04", "end": "00:07:08", "text": "if we are in"}, {"start": "00:07:07", "end": "00:07:11", "text": "the future? Like what if we are the"}, {"start": "00:07:08", "end": "00:07:14", "text": "shift? What if we are like the beginning"}, {"start": "00:07:11", "end": "00:07:16", "text": "adopters of like a literal brand new"}, {"start": "00:07:14", "end": "00:07:16", "text": "world?"}, {"start": "00:07:17", "end": "00:07:20", "text": "It feels odd to even say that out loud"}, {"start": "00:07:18", "end": "00:07:23", "text": "cuz I always"}, {"start": "00:07:20", "end": "00:07:26", "text": "I always think it. Uh Changpeng Zhao is"}, {"start": "00:07:23", "end": "00:07:30", "text": "in the news today. He's the former uh"}, {"start": "00:07:26", "end": "00:07:32", "text": "CEO of Binance and people always link"}, {"start": "00:07:30", "end": "00:07:35", "text": "him with Binance still, no matter what"}, {"start": "00:07:32", "end": "00:07:39", "text": "this man uh might be doing."}, {"start": "00:07:35", "end": "00:07:41", "text": "He's also uh lending kind words to the"}, {"start": "00:07:39", "end": "00:07:45", "text": "cryptocurrency market about the"}, {"start": "00:07:41", "end": "00:07:47", "text": "potential of a future gigantic bull run."}, {"start": "00:07:45", "end": "00:07:49", "text": "If you haven't seen sprinkled about the"}, {"start": "00:07:47", "end": "00:07:52", "text": "last 2 months,"}, {"start": "00:07:49", "end": "00:07:53", "text": "there's been a rapid uptick in the"}, {"start": "00:07:52", "end": "00:07:57", "text": "amount of"}, {"start": "00:07:53", "end": "00:07:59", "text": "uh timing news as far as like everything"}, {"start": "00:07:57", "end": "00:08:02", "text": "is kind of meant to happen around the"}, {"start": "00:07:59", "end": "00:08:06", "text": "same time for the cryptocurrency market."}, {"start": "00:08:02", "end": "00:08:09", "text": "It would appear that it would appear"}, {"start": "00:08:06", "end": "00:08:12", "text": "that a number of um AI sectors around"}, {"start": "00:08:09", "end": "00:08:14", "text": "the world are beginning to flounder."}, {"start": "00:08:12", "end": "00:08:16", "text": "We don't know the exact reason why other"}, {"start": "00:08:14", "end": "00:08:18", "text": "than"}, {"start": "00:08:16", "end": "00:08:21", "text": "uh the money that these companies said"}, {"start": "00:08:18", "end": "00:08:25", "text": "that they had, they do not have. Um the"}, {"start": "00:08:21", "end": "00:08:29", "text": "expected usage of AI isn't as big as"}, {"start": "00:08:25", "end": "00:08:31", "text": "they thought. And now, weeks ago,"}, {"start": "00:08:29", "end": "00:08:34", "text": "we got news from Tom Lee and someone"}, {"start": "00:08:31", "end": "00:08:36", "text": "else talking about capital rotation."}, {"start": "00:08:34", "end": "00:08:39", "text": "And that capital rotation"}, {"start": "00:08:36", "end": "00:08:41", "text": "revolved around uh people in the last 2"}, {"start": "00:08:39", "end": "00:08:43", "text": "years have made really good money from"}, {"start": "00:08:41", "end": "00:08:46", "text": "the AI sector."}, {"start": "00:08:43", "end": "00:08:49", "text": "And now that that appears appears to"}, {"start": "00:08:46", "end": "00:08:52", "text": "potentially be ending,"}, {"start": "00:08:49", "end": "00:08:54", "text": "that money now looks like it's beginning"}, {"start": "00:08:52", "end": "00:08:56", "text": "to start rotating into the"}, {"start": "00:08:54", "end": "00:09:00", "text": "cryptocurrency space,"}, {"start": "00:08:56", "end": "00:09:02", "text": "which could then also make our bull run"}, {"start": "00:09:00", "end": "00:09:04", "text": "even more intense than we were"}, {"start": "00:09:02", "end": "00:09:08", "text": "originally expecting."}, {"start": "00:09:04", "end": "00:09:10", "text": "Binance founder, Changpeng Zhao,"}, {"start": "00:09:08", "end": "00:09:12", "text": "said that some of the speculative"}, {"start": "00:09:10", "end": "00:09:15", "text": "capital"}, {"start": "00:09:12", "end": "00:09:17", "text": "directed towards artificial intelligence"}, {"start": "00:09:15", "end": "00:09:20", "text": "is beginning to return to the"}, {"start": "00:09:17", "end": "00:09:23", "text": "cryptocurrency market."}, {"start": "00:09:20", "end": "00:09:25", "text": "Zhao's assessment points to a recent"}, {"start": "00:09:23", "end": "00:09:28", "text": "trend of [snorts] investors rotating"}, {"start": "00:09:25", "end": "00:09:32", "text": "capital among different high-risk asset"}, {"start": "00:09:28", "end": "00:09:34", "text": "classes. Crypto is still insanely"}, {"start": "00:09:32", "end": "00:09:37", "text": "high-risk. I don't know who didn't know"}, {"start": "00:09:34", "end": "00:09:39", "text": "that, but this is all like"}, {"start": "00:09:37", "end": "00:09:41", "text": "this is all meant to be like futuristic."}, {"start": "00:09:39", "end": "00:09:43", "text": "So, when we talk, we talk about like"}, {"start": "00:09:41", "end": "00:09:45", "text": "crypto prices going higher,"}, {"start": "00:09:43", "end": "00:09:48", "text": "but we're talking about like the"}, {"start": "00:09:45", "end": "00:09:50", "text": "mid-2030s and 2040s as when like crypto"}, {"start": "00:09:48", "end": "00:09:52", "text": "is"}, {"start": "00:09:50", "end": "00:09:54", "text": "officially adopted. Like there's no more"}, {"start": "00:09:52", "end": "00:09:56", "text": "question about it. But we're still like"}, {"start": "00:09:54", "end": "00:09:59", "text": "at the point where companies are just"}, {"start": "00:09:56", "end": "00:10:03", "text": "now launching"}, {"start": "00:09:59", "end": "00:10:04", "text": "ETFs. Companies are just now announcing"}, {"start": "00:10:03", "end": "00:10:06", "text": "that you'll be able to do this with your"}, {"start": "00:10:04", "end": "00:10:08", "text": "crypto. In the future, it will be"}, {"start": "00:10:06", "end": "00:10:10", "text": "commonplace, but like we're still at the"}, {"start": "00:10:08", "end": "00:10:13", "text": "very beginning."}, {"start": "00:10:10", "end": "00:10:16", "text": "So, one of the theories has been that"}, {"start": "00:10:13", "end": "00:10:19", "text": "since uh dedollarization has taken"}, {"start": "00:10:16", "end": "00:10:22", "text": "shape, since more people are moving away"}, {"start": "00:10:19", "end": "00:10:24", "text": "from US bonds and treasuries, we've been"}, {"start": "00:10:22", "end": "00:10:26", "text": "hearing about this nonstop the last few"}, {"start": "00:10:24", "end": "00:10:29", "text": "weeks. Debt levels have been"}, {"start": "00:10:26", "end": "00:10:32", "text": "exceptionally high. Basically, investors"}, {"start": "00:10:29", "end": "00:10:34", "text": "are looking for like a place where they"}, {"start": "00:10:32", "end": "00:10:36", "text": "can"}, {"start": "00:10:34", "end": "00:10:39", "text": "safely"}, {"start": "00:10:36", "end": "00:10:41", "text": "make quick money through high-risk"}, {"start": "00:10:39", "end": "00:10:43", "text": "assets, trying to basically outpace"}, {"start": "00:10:41", "end": "00:10:46", "text": "inflation as best they can."}, {"start": "00:10:43", "end": "00:10:50", "text": "So, it's no longer adequate enough for"}, {"start": "00:10:46", "end": "00:10:53", "text": "your asset to just simply give you 5%"}, {"start": "00:10:50", "end": "00:10:56", "text": "per year when inflation is at 1.5%?"}, {"start": "00:10:53", "end": "00:10:59", "text": "If inflation is at 5%, you now want"}, {"start": "00:10:56", "end": "00:11:02", "text": "something that's giving you 35% of a"}, {"start": "00:10:59", "end": "00:11:07", "text": "return to like swiftly outpace"}, {"start": "00:11:02", "end": "00:11:10", "text": "inflation. And AI offered that."}, {"start": "00:11:07", "end": "00:11:13", "text": "And now crypto is offering it once again"}, {"start": "00:11:10", "end": "00:11:16", "text": "as we get news and announcements"}, {"start": "00:11:13", "end": "00:11:20", "text": "that starting soon, we could ramp back"}, {"start": "00:11:16", "end": "00:11:21", "text": "into the bull run. Like the bull bull"}, {"start": "00:11:20", "end": "00:11:25", "text": "bull run, not just prices going up a"}, {"start": "00:11:21", "end": "00:11:27", "text": "smidge, but like heavily going up."}, {"start": "00:11:25", "end": "00:11:30", "text": "Changpeng Zhao stated"}, {"start": "00:11:27", "end": "00:11:31", "text": "that some of the, and I quote, \"hot"}, {"start": "00:11:30", "end": "00:11:34", "text": "money\""}, {"start": "00:11:31", "end": "00:11:37", "text": "flowing into the AI field is returning"}, {"start": "00:11:34", "end": "00:11:40", "text": "to the crypto market."}, {"start": "00:11:37", "end": "00:11:42", "text": "It is believed that speculative capital"}, {"start": "00:11:40", "end": "00:11:46", "text": "moving quickly with the expectation of"}, {"start": "00:11:42", "end": "00:11:49", "text": "high returns can switch between AI"}, {"start": "00:11:46", "end": "00:11:52", "text": "and crypto assets depending on market"}, {"start": "00:11:49", "end": "00:11:54", "text": "conditions. This is quite logical."}, {"start": "00:11:52", "end": "00:11:56", "text": "We've seen this all the time before."}, {"start": "00:11:54", "end": "00:11:58", "text": "This is usually what a lot of"}, {"start": "00:11:56", "end": "00:12:01", "text": "cryptocurrency cycles have been about."}, {"start": "00:11:58", "end": "00:12:03", "text": "It is usually someone sees uh hey, that"}, {"start": "00:12:01", "end": "00:12:05", "text": "over there is making more money than I"}, {"start": "00:12:03", "end": "00:12:07", "text": "made and they begin to move in, their"}, {"start": "00:12:05", "end": "00:12:09", "text": "friends move in, their family moves in,"}, {"start": "00:12:07", "end": "00:12:11", "text": "everyone's making extra money, everyone"}, {"start": "00:12:09", "end": "00:12:14", "text": "around the world then goes, \"Wait, I"}, {"start": "00:12:11", "end": "00:12:16", "text": "also want to make tons of cash.\" This is"}, {"start": "00:12:14", "end": "00:12:18", "text": "why you've seen tons of articles"}, {"start": "00:12:16", "end": "00:12:19", "text": "discussing how like this time is"}, {"start": "00:12:18", "end": "00:12:22", "text": "different. It's not just an"}, {"start": "00:12:19", "end": "00:12:24", "text": "exaggeration."}, {"start": "00:12:22", "end": "00:12:26", "text": "This time is different because"}, {"start": "00:12:24", "end": "00:12:29", "text": "all the attention that we have been"}, {"start": "00:12:26", "end": "00:12:33", "text": "seeing for the cryptocurrency market,"}, {"start": "00:12:29", "end": "00:12:36", "text": "we would not see, would not"}, {"start": "00:12:33", "end": "00:12:39", "text": "see until the end of 2027, the beginning"}, {"start": "00:12:36", "end": "00:12:41", "text": "of 2028. That's always when the capital"}, {"start": "00:12:39", "end": "00:12:44", "text": "really begins to roll in. The last 2"}, {"start": "00:12:41", "end": "00:12:46", "text": "years have been unprecedented."}, {"start": "00:12:44", "end": "00:12:49", "text": "We have all these companies buying"}, {"start": "00:12:46", "end": "00:12:51", "text": "millions of Bitcoin collectively, but"}, {"start": "00:12:49", "end": "00:12:52", "text": "it's still it's exceptional. Millions of"}, {"start": "00:12:51", "end": "00:12:55", "text": "Bitcoin have been taken off of the"}, {"start": "00:12:52", "end": "00:12:59", "text": "market. We would not see that momentum"}, {"start": "00:12:55", "end": "00:13:02", "text": "until around November, December 2027."}, {"start": "00:12:59", "end": "00:13:03", "text": "We started seeing it in 2024."}, {"start": "00:13:02", "end": "00:13:05", "text": "So,"}, {"start": "00:13:03", "end": "00:13:07", "text": "it's no longer, and I have to say this"}, {"start": "00:13:05", "end": "00:13:09", "text": "this way,"}, {"start": "00:13:07", "end": "00:13:11", "text": "it's no longer that crypto is highly"}, {"start": "00:13:09", "end": "00:13:13", "text": "speculative"}, {"start": "00:13:11", "end": "00:13:15", "text": "so much as"}, {"start": "00:13:13", "end": "00:13:17", "text": "these companies are changing the way"}, {"start": "00:13:15", "end": "00:13:19", "text": "that people look at crypto. That"}, {"start": "00:13:17", "end": "00:13:22", "text": "companies in the future. That company's"}, {"start": "00:13:19", "end": "00:13:23", "text": "been holding crypto for 5 years. It's on"}, {"start": "00:13:22", "end": "00:13:25", "text": "their order books, they're making a lot"}, {"start": "00:13:23", "end": "00:13:27", "text": "of money, we have to do the exact same."}, {"start": "00:13:25", "end": "00:13:30", "text": "It then becomes commonplace for everyone"}, {"start": "00:13:27", "end": "00:13:32", "text": "just to simply buy and hold crypto in"}, {"start": "00:13:30", "end": "00:13:34", "text": "some form or fashion as like a wealth"}, {"start": "00:13:32", "end": "00:13:35", "text": "generating tool."}, {"start": "00:13:34", "end": "00:13:38", "text": "So,"}, {"start": "00:13:35", "end": "00:13:39", "text": "yeah, as I said in another video,"}, {"start": "00:13:38", "end": "00:13:41", "text": "it is"}, {"start": "00:13:39", "end": "00:13:44", "text": "uh difficult daily for me to"}, {"start": "00:13:41", "end": "00:13:48", "text": "continuously go over crypto news and not"}, {"start": "00:13:44", "end": "00:13:50", "text": "get super hyped myself. I try to remain"}, {"start": "00:13:48", "end": "00:13:52", "text": "down the middle. You know, it's either"}, {"start": "00:13:50", "end": "00:13:53", "text": "here or there. Something will happen."}, {"start": "00:13:52", "end": "00:13:55", "text": "Prices will go up, prices go down,"}, {"start": "00:13:53", "end": "00:13:57", "text": "prices go up, prices go down. It's just"}, {"start": "00:13:55", "end": "00:13:59", "text": "part of the ebb and flow."}, {"start": "00:13:57", "end": "00:14:01", "text": "But, all these people talking about like"}, {"start": "00:13:59", "end": "00:14:03", "text": "extra capital moving in, all this money"}, {"start": "00:14:01", "end": "00:14:04", "text": "moving in, prices going up here, and"}, {"start": "00:14:03", "end": "00:14:06", "text": "this is going to do that, and things are"}, {"start": "00:14:04", "end": "00:14:09", "text": "going to go so much higher,"}, {"start": "00:14:06", "end": "00:14:12", "text": "it's difficult not to get excited. Uh"}, {"start": "00:14:09", "end": "00:14:15", "text": "this also ties"}, {"start": "00:14:12", "end": "00:14:17", "text": "directly into it. If you didn't see, a"}, {"start": "00:14:15", "end": "00:14:20", "text": "day or two ago, Changpeng Zhao was"}, {"start": "00:14:17", "end": "00:14:23", "text": "talking about um Bitcoin overtaking"}, {"start": "00:14:20", "end": "00:14:25", "text": "gold."}, {"start": "00:14:23", "end": "00:14:28", "text": "Uh-huh. Uh Binance founder Changpeng"}, {"start": "00:14:25", "end": "00:14:33", "text": "Zhao said that Bitcoin could soon"}, {"start": "00:14:28", "end": "00:14:36", "text": "overtake gold in total value."}, {"start": "00:14:33", "end": "00:14:38", "text": "He pegged the current gap at only about"}, {"start": "00:14:36", "end": "00:14:40", "text": "10-fold."}, {"start": "00:14:38", "end": "00:14:43", "text": "\"That gap could close within the next"}, {"start": "00:14:40", "end": "00:14:45", "text": "market cycle,\" Zhao said, \"if nations"}, {"start": "00:14:43", "end": "00:14:49", "text": "keep treating Bitcoin as a reserve"}, {"start": "00:14:45", "end": "00:14:52", "text": "asset.\" If you didn't see, this is this"}, {"start": "00:14:49", "end": "00:14:54", "text": "is incredibly significant, and I wish"}, {"start": "00:14:52", "end": "00:14:56", "text": "more people focused on this kind of"}, {"start": "00:14:54", "end": "00:14:59", "text": "news."}, {"start": "00:14:56", "end": "00:15:01", "text": "We had the last 2 years, we've had a lot"}, {"start": "00:14:59", "end": "00:15:04", "text": "of news"}, {"start": "00:15:01", "end": "00:15:05", "text": "around wealthy individuals and their"}, {"start": "00:15:04", "end": "00:15:07", "text": "connections with governments and"}, {"start": "00:15:05", "end": "00:15:09", "text": "countries."}, {"start": "00:15:07", "end": "00:15:11", "text": "And they were telling us that they had"}, {"start": "00:15:09", "end": "00:15:14", "text": "spoken to this person from that country,"}, {"start": "00:15:11", "end": "00:15:16", "text": "or I was recently in that country, and I"}, {"start": "00:15:14", "end": "00:15:18", "text": "was hanging out with the kings and the"}, {"start": "00:15:16", "end": "00:15:21", "text": "queens and the the people from"}, {"start": "00:15:18", "end": "00:15:23", "text": "so-and-so, and yeah, they're they're"}, {"start": "00:15:21", "end": "00:15:25", "text": "they're buying Bitcoin. They're buying"}, {"start": "00:15:23", "end": "00:15:28", "text": "huge amounts of Bitcoin. About a month"}, {"start": "00:15:25", "end": "00:15:29", "text": "ago, we had news from one of the people"}, {"start": "00:15:28", "end": "00:15:32", "text": "from Coinbase"}, {"start": "00:15:29", "end": "00:15:36", "text": "who said that they"}, {"start": "00:15:32", "end": "00:15:40", "text": "know of 40 countries."}, {"start": "00:15:36", "end": "00:15:45", "text": "40 countries that Coinbase is aware of"}, {"start": "00:15:40", "end": "00:15:47", "text": "who are actively all buying Bitcoin."}, {"start": "00:15:45", "end": "00:15:50", "text": "These count- Listen, listen."}, {"start": "00:15:47", "end": "00:15:53", "text": "These countries are are are are"}, {"start": "00:15:50", "end": "00:15:56", "text": "When you hear Changpeng Zhao,"}, {"start": "00:15:53", "end": "00:15:59", "text": "the creator of Binance,"}, {"start": "00:15:56", "end": "00:16:02", "text": "talk about Bitcoin soon overtaking gold,"}, {"start": "00:15:59", "end": "00:16:04", "text": "I don't think that's wishful."}, {"start": "00:16:02", "end": "00:16:07", "text": "I think that's him saying like, \"Listen,"}, {"start": "00:16:04", "end": "00:16:10", "text": "this is actually happening.\""}, {"start": "00:16:07", "end": "00:16:13", "text": "If Changpeng Zhao, the creator of"}, {"start": "00:16:10", "end": "00:16:16", "text": "Binance, says out loud,"}, {"start": "00:16:13", "end": "00:16:19", "text": "\"If nations keep\""}, {"start": "00:16:16", "end": "00:16:21", "text": "You know what keep means? It means like"}, {"start": "00:16:19", "end": "00:16:22", "text": "it's already had. It is already being"}, {"start": "00:16:21", "end": "00:16:25", "text": "kept."}, {"start": "00:16:22", "end": "00:16:27", "text": "Nations are already treating Bitcoin as"}, {"start": "00:16:25", "end": "00:16:29", "text": "a reserve asset."}, {"start": "00:16:27", "end": "00:16:33", "text": "If nations keep treating Bitcoin as a"}, {"start": "00:16:29", "end": "00:16:36", "text": "reserve asset, he's expecting Bitcoin to"}, {"start": "00:16:33", "end": "00:16:36", "text": "overtake gold."}, {"start": "00:16:37", "end": "00:16:43", "text": "Like it's constantly like laying out in"}, {"start": "00:16:40", "end": "00:16:46", "text": "front of us, and this is the"}, {"start": "00:16:43", "end": "00:16:47", "text": "the part that always gets me. A lot of"}, {"start": "00:16:46", "end": "00:16:49", "text": "times"}, {"start": "00:16:47", "end": "00:16:52", "text": "it and then once again, it it might not"}, {"start": "00:16:49", "end": "00:16:55", "text": "be here. I once again assume"}, {"start": "00:16:52", "end": "00:16:57", "text": "you all have brains that work if you are"}, {"start": "00:16:55", "end": "00:16:59", "text": "listening to this channel cuz I try not"}, {"start": "00:16:57", "end": "00:17:00", "text": "to be hypey. I try to give you whatever"}, {"start": "00:16:59", "end": "00:17:02", "text": "news that there is."}, {"start": "00:17:00", "end": "00:17:03", "text": "But a lot of times"}, {"start": "00:17:02", "end": "00:17:05", "text": "I'll I'll meet people. I'll talk with"}, {"start": "00:17:03", "end": "00:17:07", "text": "people. People find out that I'm in"}, {"start": "00:17:05", "end": "00:17:08", "text": "finance, what have you."}, {"start": "00:17:07", "end": "00:17:11", "text": "And I tell them these things that are"}, {"start": "00:17:08", "end": "00:17:13", "text": "happening, and it means nothing to them."}, {"start": "00:17:11", "end": "00:17:14", "text": "They don't know who Changpeng Zhao is."}, {"start": "00:17:13", "end": "00:17:16", "text": "They haven't heard from the the the the"}, {"start": "00:17:14", "end": "00:17:18", "text": "person from Coinbase who was talking"}, {"start": "00:17:16", "end": "00:17:20", "text": "about 40 different countries. They don't"}, {"start": "00:17:18", "end": "00:17:21", "text": "care about the devaluation of gold. Like"}, {"start": "00:17:20", "end": "00:17:24", "text": "it doesn't mean anything to their"}, {"start": "00:17:21", "end": "00:17:26", "text": "immediate lives until it does."}, {"start": "00:17:24", "end": "00:17:28", "text": "Until inflation affects them, then they"}, {"start": "00:17:26", "end": "00:17:30", "text": "care. Until they lose their job, then it"}, {"start": "00:17:28", "end": "00:17:34", "text": "becomes a thing."}, {"start": "00:17:30", "end": "00:17:34", "text": "We're hearing from all of these"}, {"start": "00:17:35", "end": "00:17:39", "text": "all of these people who are talking"}, {"start": "00:17:37", "end": "00:17:42", "text": "about"}, {"start": "00:17:39", "end": "00:17:46", "text": "like the next step."}, {"start": "00:17:42", "end": "00:17:49", "text": "What happens if 5,000 years of gold"}, {"start": "00:17:46", "end": "00:17:52", "text": "begins to dwindle? What if by the time"}, {"start": "00:17:49", "end": "00:17:55", "text": "we get to 2050"}, {"start": "00:17:52", "end": "00:17:57", "text": "Bitcoin's at 18 19 million dollars per"}, {"start": "00:17:55", "end": "00:17:57", "text": "coin?"}, {"start": "00:17:58", "end": "00:18:02", "text": "And people are barely like gold is just"}, {"start": "00:18:00", "end": "00:18:03", "text": "mainly used in like phones and like"}, {"start": "00:18:02", "end": "00:18:05", "text": "electronics. What if everyone has like"}, {"start": "00:18:03", "end": "00:18:07", "text": "almost shifted over completely to"}, {"start": "00:18:05", "end": "00:18:10", "text": "Bitcoin by then?"}, {"start": "00:18:07", "end": "00:18:13", "text": "Why would Changpeng Zhao say out loud"}, {"start": "00:18:10", "end": "00:18:13", "text": "during an interview"}, {"start": "00:18:14", "end": "00:18:18", "text": "that if the countries he's been working"}, {"start": "00:18:16", "end": "00:18:20", "text": "with cuz Binance is also working with"}, {"start": "00:18:18", "end": "00:18:22", "text": "for those of you who missed that news it"}, {"start": "00:18:20", "end": "00:18:25", "text": "was around May. Binance is also working"}, {"start": "00:18:22", "end": "00:18:29", "text": "with a number of countries also helping"}, {"start": "00:18:25", "end": "00:18:29", "text": "them accumulate Bitcoin as well."}, {"start": "00:18:30", "end": "00:18:36", "text": "Have you thought about like what happens"}, {"start": "00:18:34", "end": "00:18:38", "text": "if the dollar is no longer money or like"}, {"start": "00:18:36", "end": "00:18:39", "text": "no longer respected?"}, {"start": "00:18:38", "end": "00:18:42", "text": "Like imagine the amount of crypto that"}, {"start": "00:18:39", "end": "00:18:43", "text": "you have right now."}, {"start": "00:18:42", "end": "00:18:44", "text": "You're able to like you never have to"}, {"start": "00:18:43", "end": "00:18:46", "text": "sell your crypto. Like you're able to"}, {"start": "00:18:44", "end": "00:18:49", "text": "stake that crypto and you make passive"}, {"start": "00:18:46", "end": "00:18:52", "text": "income constantly. It pays all of your"}, {"start": "00:18:49", "end": "00:18:54", "text": "bills. You never have to work again."}, {"start": "00:18:52", "end": "00:18:55", "text": "You assume"}, {"start": "00:18:54", "end": "00:18:57", "text": "I don't know like what do you what do"}, {"start": "00:18:55", "end": "00:18:58", "text": "you think the future of crypto looks"}, {"start": "00:18:57", "end": "00:19:00", "text": "like?"}, {"start": "00:18:58", "end": "00:19:03", "text": "I think and I'm I I hope we've gotten"}, {"start": "00:19:00", "end": "00:19:04", "text": "past this phase. A lot of people had"}, {"start": "00:19:03", "end": "00:19:07", "text": "this thing years ago. They just wanted"}, {"start": "00:19:04", "end": "00:19:09", "text": "to make quick fast money to buy a car."}, {"start": "00:19:07", "end": "00:19:10", "text": "You know what's crazy?"}, {"start": "00:19:09", "end": "00:19:12", "text": "I must have told you this story before."}, {"start": "00:19:10", "end": "00:19:16", "text": "When I was a little kid,"}, {"start": "00:19:12", "end": "00:19:18", "text": "I remember one of my uncles, he was so"}, {"start": "00:19:16", "end": "00:19:20", "text": "into cars, it was crazy. Well, first of"}, {"start": "00:19:18", "end": "00:19:22", "text": "all, we grew up poor. So, I I"}, {"start": "00:19:20", "end": "00:19:24", "text": "I remember like the the stuff you"}, {"start": "00:19:22", "end": "00:19:27", "text": "remember from being a kid. I remember"}, {"start": "00:19:24", "end": "00:19:27", "text": "sitting down with my uncle on the couch."}, {"start": "00:19:27", "end": "00:19:29", "text": "And [snorts] he would always watch"}, {"start": "00:19:27", "end": "00:19:31", "text": "Baywatch."}, {"start": "00:19:29", "end": "00:19:32", "text": "As a kid, I didn't get it, but as a as"}, {"start": "00:19:31", "end": "00:19:34", "text": "an adult, I'm like, \"Oh, okay. I know"}, {"start": "00:19:32", "end": "00:19:35", "text": "why you were watching Baywatch.\""}, {"start": "00:19:34", "end": "00:19:37", "text": "And I remember there were always like"}, {"start": "00:19:35", "end": "00:19:39", "text": "people driving fancy cars or like"}, {"start": "00:19:37", "end": "00:19:41", "text": "Lamborghinis and like he he would always"}, {"start": "00:19:39", "end": "00:19:42", "text": "like \"Oh, look at that car.\" You I I I"}, {"start": "00:19:41", "end": "00:19:43", "text": "can hear him saying it. I can hear his"}, {"start": "00:19:42", "end": "00:19:44", "text": "voice."}, {"start": "00:19:43", "end": "00:19:45", "text": "When it would be like a car commercial,"}, {"start": "00:19:44", "end": "00:19:48", "text": "he would he would perk up. He would"}, {"start": "00:19:45", "end": "00:19:51", "text": "always look at those cars."}, {"start": "00:19:48", "end": "00:19:54", "text": "As a kid, I thought"}, {"start": "00:19:51", "end": "00:19:55", "text": "that those like that that that that that"}, {"start": "00:19:54", "end": "00:19:57", "text": "was kind of it."}, {"start": "00:19:55", "end": "00:19:59", "text": "That was the most beautiful car that"}, {"start": "00:19:57", "end": "00:20:01", "text": "there would ever be."}, {"start": "00:19:59", "end": "00:20:03", "text": "So, by the time the early 2000s were"}, {"start": "00:20:01", "end": "00:20:05", "text": "happening,"}, {"start": "00:20:03", "end": "00:20:07", "text": "I remember asking him like, \"Did he get"}, {"start": "00:20:05", "end": "00:20:08", "text": "that car?"}, {"start": "00:20:07", "end": "00:20:09", "text": "I remember when I was little, you wanted"}, {"start": "00:20:08", "end": "00:20:10", "text": "that car.\""}, {"start": "00:20:09", "end": "00:20:11", "text": "He's like, \"What car?\" \"The one that we"}, {"start": "00:20:10", "end": "00:20:14", "text": "saw in the commercial, like the red"}, {"start": "00:20:11", "end": "00:20:16", "text": "one.\" He's like, \"Ah, that's old.\""}, {"start": "00:20:14", "end": "00:20:18", "text": "He he wanted the newer version that he"}, {"start": "00:20:16", "end": "00:20:20", "text": "couldn't afford."}, {"start": "00:20:18", "end": "00:20:21", "text": "But he he he wanted the newer, nicer,"}, {"start": "00:20:20", "end": "00:20:23", "text": "shinier version."}, {"start": "00:20:21", "end": "00:20:26", "text": "And in my head, I sat there thinking out"}, {"start": "00:20:23", "end": "00:20:29", "text": "as when I got older and into investing,"}, {"start": "00:20:26", "end": "00:20:32", "text": "\"What if he had purchased that car? The"}, {"start": "00:20:29", "end": "00:20:34", "text": "one that he saw during the commercials"}, {"start": "00:20:32", "end": "00:20:35", "text": "while watching Baywatch.\" He wouldn't"}, {"start": "00:20:34", "end": "00:20:38", "text": "want it anymore. That car's old and"}, {"start": "00:20:35", "end": "00:20:39", "text": "completely outdated. He he didn't think"}, {"start": "00:20:38", "end": "00:20:40", "text": "of none of us."}, {"start": "00:20:39", "end": "00:20:42", "text": "We didn't think of buying a real estate."}, {"start": "00:20:40", "end": "00:20:43", "text": "We didn't think of buying assets. He"}, {"start": "00:20:42", "end": "00:20:46", "text": "just wanted that pretty car to be able"}, {"start": "00:20:43", "end": "00:20:49", "text": "to show off to people."}, {"start": "00:20:46", "end": "00:20:50", "text": "Around 2017, listen to this."}, {"start": "00:20:49", "end": "00:20:54", "text": "For those of you who've been with the"}, {"start": "00:20:50", "end": "00:20:57", "text": "channel for years, hello again."}, {"start": "00:20:54", "end": "00:20:59", "text": "Remember back in 2017, the amount of"}, {"start": "00:20:57", "end": "00:21:01", "text": "people"}, {"start": "00:20:59", "end": "00:21:02", "text": "who got into crypto to make quick fast"}, {"start": "00:21:01", "end": "00:21:03", "text": "money."}, {"start": "00:21:02", "end": "00:21:05", "text": "And then these people sold off their"}, {"start": "00:21:03", "end": "00:21:07", "text": "crypto"}, {"start": "00:21:05", "end": "00:21:09", "text": "and bought a car."}, {"start": "00:21:07", "end": "00:21:10", "text": "like one."}, {"start": "00:21:09", "end": "00:21:13", "text": "They bought with some car that was like"}, {"start": "00:21:10", "end": "00:21:15", "text": "half a million dollars."}, {"start": "00:21:13", "end": "00:21:16", "text": "I thought it was a joke."}, {"start": "00:21:15", "end": "00:21:19", "text": "Cuz like the"}, {"start": "00:21:16", "end": "00:21:22", "text": "the idea of like Lambo bros and crypto"}, {"start": "00:21:19", "end": "00:21:25", "text": "bros were very like tied together"}, {"start": "00:21:22", "end": "00:21:27", "text": "in this in this odd marriage"}, {"start": "00:21:25", "end": "00:21:29", "text": "where, you know, people were getting"}, {"start": "00:21:27", "end": "00:21:31", "text": "these nice nice super awesome cars and I"}, {"start": "00:21:29", "end": "00:21:35", "text": "was like I remember from being a kid"}, {"start": "00:21:31", "end": "00:21:36", "text": "being like that car is going to get old."}, {"start": "00:21:35", "end": "00:21:37", "text": "You're not going to want to show off"}, {"start": "00:21:36", "end": "00:21:39", "text": "that car"}, {"start": "00:21:37", "end": "00:21:42", "text": "from 2017"}, {"start": "00:21:39", "end": "00:21:45", "text": "in 2026. It isn't isn't You're going to"}, {"start": "00:21:42", "end": "00:21:46", "text": "need and want the newer latest version."}, {"start": "00:21:45", "end": "00:21:49", "text": "So, this is what I was saying. I hope"}, {"start": "00:21:46", "end": "00:21:50", "text": "we've gotten hopefully we've gotten past"}, {"start": "00:21:49", "end": "00:21:52", "text": "that point of"}, {"start": "00:21:50", "end": "00:21:54", "text": "uh"}, {"start": "00:21:52", "end": "00:21:56", "text": "I'm in the crypto market so that I can"}, {"start": "00:21:54", "end": "00:21:58", "text": "buy something pretty."}, {"start": "00:21:56", "end": "00:22:02", "text": "Because"}, {"start": "00:21:58", "end": "00:22:03", "text": "the people who used"}, {"start": "00:22:02", "end": "00:22:07", "text": "their returns"}, {"start": "00:22:03", "end": "00:22:09", "text": "to buy real estate in 2016, 2017, and"}, {"start": "00:22:07", "end": "00:22:12", "text": "2018"}, {"start": "00:22:09", "end": "00:22:15", "text": "they're doing extremely well right now."}, {"start": "00:22:12", "end": "00:22:18", "text": "They own property that has like"}, {"start": "00:22:15", "end": "00:22:21", "text": "gone up by 50, 60% in value. They've"}, {"start": "00:22:18", "end": "00:22:23", "text": "been able to raise rents"}, {"start": "00:22:21", "end": "00:22:24", "text": "year on year depending on where you live"}, {"start": "00:22:23", "end": "00:22:27", "text": "and you know, what what the laws"}, {"start": "00:22:24", "end": "00:22:32", "text": "actually are."}, {"start": "00:22:27", "end": "00:22:32", "text": "But the person who There are people"}, {"start": "00:22:32", "end": "00:22:38", "text": "who in 2017"}, {"start": "00:22:34", "end": "00:22:41", "text": "bought a Lamborghini, bought a Maserati"}, {"start": "00:22:38", "end": "00:22:42", "text": "bought a something."}, {"start": "00:22:41", "end": "00:22:44", "text": "I almost said a Honda. I'm not even"}, {"start": "00:22:42", "end": "00:22:46", "text": "joking."}, {"start": "00:22:44", "end": "00:22:47", "text": "They're looking at that car like I don't"}, {"start": "00:22:46", "end": "00:22:51", "text": "want it."}, {"start": "00:22:47", "end": "00:22:53", "text": "I want the newer thing. So, just"}, {"start": "00:22:51", "end": "00:22:54", "text": "throwing it out there."}, {"start": "00:22:53", "end": "00:22:56", "text": "Um"}, {"start": "00:22:54", "end": "00:22:59", "text": "Yeah. No, it's it's it's very The human"}, {"start": "00:22:56", "end": "00:23:01", "text": "mindset is very fascinating. It's this"}, {"start": "00:22:59", "end": "00:23:03", "text": "kind of just think about today kind of"}, {"start": "00:23:01", "end": "00:23:05", "text": "thing. You should be training yourselves"}, {"start": "00:23:03", "end": "00:23:08", "text": "to think about the future all the time,"}, {"start": "00:23:05", "end": "00:23:10", "text": "not sometimes. It should be your main"}, {"start": "00:23:08", "end": "00:23:11", "text": "goal. You're always looking ahead, not"}, {"start": "00:23:10", "end": "00:23:15", "text": "in like an obsessive way. You shouldn't"}, {"start": "00:23:11", "end": "00:23:16", "text": "be like, \"