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2021 NFT COMEBACK
Recorded: May 25, 2023 Duration: 2:53:07Space Recording
Full Transcription
Yo, yo, yo, welcome. This is the Really Good Web 3 Show. I'll be your host for tonight.
Hi, I'm Dancing Eddie. Co-host Ruto is very, very, very busy tonight, so he will not be
coming through, but that's all right. That's okay. We will replace him with someone worthy
of the sport. In the meantime, I'm going to play some tunes, get some things rolling,
and go from there. I think we've got some fun topics for tonight, so if you're joining
in, if you're joining in and hoping for some bumping tunes, we're going to play them for
two minutes or so, and then get back into the action. We've got a lot to talk about, namely
politics, of course, considering some of what's been going on today and what was said about
Bitcoin specifically, as well as some other conversations surrounding, you know, whether
that's comebacks and NFTs or just whatever it may be. So give us a minute. We're going
to get things rolling. What are we playing tonight? Let's see. I think... I think the
one. I think the one by NG. Let's see.
I think the one by NG. Let's see. I think the one by NG. Let's see. I think the one by NG.
I think the one by NG. Let's see. I think the one by NG. Let's see. I think the one by NG.
I think the one by NG. Let's see. I think the one by NG. Let's see. I think the one by NG.
I think the one by NG.
I think the one by NG. Let's see. I think the one by NG. Let's see.
I got one minute, then I got to go, cause I'm too pretty to be on my own. But the three is
a crowd and four is a party g5 engine six gear ferrari just a dream that we all have
because john's doing pretty and it's hot wow these boys trying to shoot the shot
i know why that he's not that hot
there's a car seat like john joe's job and kevin seems to hold the key
the key for me let's go with all of y'all together
like literally all had it up still not good enough for me
i got two three levels in my life
four five
dollars on my mind six seven
eight
telling me i'm fine
two three levels in my life
four five dollars on my mind six seven
one up my mind eight
i'm gonna go find the one
i'm gonna go find the one
count to seven
the date fight it's armageddon all of these boys be begging
money on the floor on a wedding
i think you got the wrong impression i got a whole coupe car collection
and watch follow that blah blah blah blah so please don't leave a message
i just need the word
oh yeah that one rocks i love that song let's see here
okay all right we're gonna be we're gonna be cruising i think jonah's gonna be here in a bit
i think he's gonna be our co-host probably for the night we'll see how things roll um guys i'm i
appreciate you guys popping on in here i know there's plenty to talk about uh obviously
i want to talk about a few things tonight like i want to talk about the uh i want to talk about
comebacks and nfts and two two one two namely come to mind i i'm looking heavily at oni force and
looking heavily at mladies of course pudgies have been talked about at length and i'm happy to talk
about them as well but that's something that's come to mind but also i definitely want to talk
about you know what i think is going to be basically the next i want to say i want to say it's going to
be the next like year and a half of crypto twitter discussion or at least like a big part of it at
least in my opinion um and that's that is crypto twitter x politics i think we're about to come into
uh i think today was the first day that that really began in my opinion in terms of like in an outward
way it's been angling that way for some time it's been angling that way for a few days few weeks
whatever you want to say um but i think today with what was discussed between elon musk and and
governor de santis a presidential candidate governor governor de santis uh was pretty fascinating
right um now let's uh let's let's do like a quick briefer on what happened and also just
really quick if you guys in the audience and you guys in the room uh if you want to help out this
space the best way that you could do so and the best way that i would appreciate you doing so
personally is a like and a retweet that actually helps quite a lot in terms of spreading the space
around getting some speakers up in here and then getting this conversation rolling so i do appreciate
that and beyond that if you've got like i don't know uh if you've got a comment and let's say that's
here's what you should comment about uh did you listen to the space or were you rugged uh and that's
that's all i'm curious about were you rugged or did you get a chance to listen so plenty to talk
about today um and just to kind of give you guys a briefer if you happen to miss it if you live under a
rock we had one of the biggest spaces that we've seen on twitter in a hot minute uh elon musk hosted
a space in which it was him uh what was his name i'm blanking on the other dude's name oh my god
um some other guy some other guy and then governor de santis um and it was basically governor de santis
announcing to the world via twitter what we all already knew but he has to formally announce it
that he's going to run for run for president now that i thought was uh it was obviously an interesting
decision of his own of his accord to do it via twitter um he also it was so big it crashed uh
the first time around like they spent 20 minutes or so trying to get it to run on elon's end and
it didn't it didn't run on his end um because you combined how big you combined how big his twitter
account is um with how much attention was going towards that and how many multi-million follower
accounts were going in like obviously things were going to go haywire and awry to say the least so
yeah that one that one that went pretty poorly but they figured it out they figured it out shortly
thereafter and they had the other guy which you know what let me find out what the other david sacks
thank you there we go david sacks uh what a great name we had david sacks uh run the other one
and because his account is smaller it was uh it was more workable now um that was a fan that was a
very fascinating conversation and frankly it covered a lot of things that a lot of political agendas that
many of us in the us are very well aware of things like well the drug war um and and you know florida
and especially of course wokeism was was was mentioned um but notably for us here in the
crypto world uh elon musk and david sacks took it upon themselves to bring up the fact that bitcoin and
also dogecoin um like what's our what what's our status on them and they actually they did a really
good job of pointing out specifically they're like forget scams like ftx um look at publicly
traded solid and respectable companies like coinbase and they want to run in the us but they just can't
because they don't have any clarity as to how to do so and what's what's the what's his positioning
what's ron's positioning on that and let's just be clear about something ron desantis is uh one of the
foremost faces in the republican republican world um like how do i say this in the republican political
sphere he is it's like him and trump are the two big ones and for for desantis to be so outwardly
positive towards bitcoin was pretty cool and frankly i expect that trump considering the fact that he has
mfts is probably highly aligned if not basically the same in his thought in his thought process there
um also jonah got jonah by the way for anyone who's not aware uh normally co-host these with rudo uh
rudo is very very very busy tonight he's got some big meetings actually that were kind of like last
minute called up upon him which blessings to him i hope that he he nails those meetings out of the park
uh but as a result he is not able to come is he having a baby no no not a not a baby but maybe he
you know they're not important uh well well okay fair jonah how are you doing tonight good
how's your monday good just finishing up my shower so if you're an echo give me a minute sure sure
we'll do um all right let's toss things around the room real quick let's say hello to some of
our speakers and guys again if you're in the audience and you want to come speak feel free
feel free to send up a request i'd love to have you up and chit chatting tonight um it is a wonderful
wonderful hump day it was also leg day for me so also the worst day of the week uh let's toss things
over first to eric what's going on eric how's things treating with you it's good man it's five
o'clock popping a beer just setting in been a long day grinding you know on the whole elon thing
you think if you owned a communications platform you would always allocate enough bandwidth that like
if you hosted a spaces like like out of anyone you would have the bandwidth to host it i just
think that like you know in order for elon to host a space he has to have somebody host a space
because he's too big that just seems like an oxymoron almost you know right like it's your
fucking platform bro yeah it's like the guy who has a few hundred k can host it so but i did like
what i was hearing on it and i thought it was funny too that like it's funny when he mentioned doge and
david sack i like went to deck screen and i was looking for the doge pump and it didn't come and
that might have been the first time that they ever mentioned doge and it didn't pump so i don't know
what that means it didn't immediately pump there was no pompage no nothing i think it's still down
on the day to be honest which never happens right like i guess it's maybe because it's political talk
right and it's like ah doge and politics it's like bearish versus if it just would have been like
a doge like a one-word tweet it's just funny right like it just i was totally expecting it the
second he said i was going to go to deck screen or grab a screenshot and post it for engagement
and then it was down and i was like oh that's not going down
they're selling on this this never happens oh man i i mean i i think i would assume it would be more
to be honest like a shit coin some random shit coin that would have popped off as a result
like someone tweeting just like dollar sign desantis or something like that would have been the go-to
no yeah probably so you dropped i was a little add mode when i when i joined the space but what i
thought was funny was caitlin jenner was randomly in there like bullish that is so funny i mean like
i feel like a lot of people who never knew what a twitter space was joined twitter spaces for the first
time today did you guys see amy street comment amy street's post from yesterday it was so funny
she was like legacy media trying to describe twitter spaces and it was like it was like someone being
like hey uh we've got you know zooms without people's faces it's just the audio and it's like
oh my god these people they're so far in the past they're aging no i'm kidding uh it's this is a
this is a very niche um very niche mode medium of of conversation which is actually really fascinating
considering the fact that twitter is massive and basically everyone especially in media
knows about twitter because people are always posting tweets from politicians from business
leaders from whoever someone's always said something wild so everyone knows twitter
twitter but it's like twitter has text and they have video and then they also have spaces but no
one knows about the spaces in large it's really fascinating at least to me um but yeah it was just
fun to watch and and whatnot i'm gonna keep things rolling bella also let's just say hello to you
actually like formally how's your how's your wednesday treat you good good to see you can see from
you yeah i know it's been a minute i was like i'll hop in and say hi to eddie i feel like i just
haven't interacted with you in a while what is up bella it has been a minute i don't think i've
spoken to you in a while and i i see the mad last now she's looking great yeah for sure it's like a
rainy rainy evening in new york city so i was like let's make it a space tonight hop on chat see what's
good you know bella for as close as we live i've not said hello to you irl should do that so i might
might dm you um okay sorry the total derailment but i just forgot that you're in new york and i'm
like i want to meet everyone who's in new york um but okay otherwise all chill it's like getting
really nice out in this area the new york back from my shower okay thank you jonah thank you
uh we're gonna get to you in just a moment jonah because i've got some other lovely people here
on stage that i have to say hello to like sandman what's up sandman how's it hanging with you man
good man i'm doing great for this wednesday dude
okay i'm jumping back into my car from uh dropping my kid off but
we are we are doing good um but not all of us are dropping our kid off
i certainly am not um let's keep things
begin what's going on dude good to see you did you listen to the space with the santas
i actually didn't listen to space but as a developer who sold an audio platform i got to defend
if you're doing an elon space it's going to be more traffic than they've ever got before and even if
you do performance tests they're fake you never have the same type of activity as other people
that's the most it's ever been put and it's not just booting up one server everything is a complex
series of different services intertwined and whatnot so you know i feel for them you know i've been on
many a space in the back end in the back panicking while a host is disconnected or something and
there and you know i you know i bill simmons yelling saying i'm gonna fucking quit this goddamn
fucking platform you don't get it up so i feel sorry that's all i'm gonna be here i don't know
what happened to you uh it seems like you've gone through some trauma related to
development for audio platforms uh i i pray that you can overcome that one day begin i did
we're on we're on like to chime in like it's literally a session size begin that's it right
like he's this like whoever allocated like his average session size for him did not account for
how big he is but yet the session size for everyone else is big enough that if it's not as many people
joining it's fine yeah well it'll be based on how many connections so there's a bunch of different
factors right so it could be simply as like um okay so elon's obviously got the most followers right so
inside their algorithm they're going to have something saying okay put out notifications that elon's into
a space so when they put out the notification from elon's account versus someone else's it's
fuck make sure they did that okay we got to make sure everyone has audio for them right more people
are just going to join elon space and other other people's here and just random shit will happen with
just like the spread of how many people are you know there's it's a it's a very annoying complex
problem you know this is why when i sold the company to spotify i quit you know so on the new
problem uh that sounds pretty cool i didn't know that you wait wait whoever just whoever sorry eddie
whoever just said i sold the company to spotify i it reminds me of this show or it was on netflix it
was like all about this dude that was like coding this like spotify music app it just reminded me of
that a hundred percent i don't know if you've seen it was it a good show i have no idea what show
you're talking about to be honest you should watch it it's good okay all right all right all right
uh let's see here who else we got on stage let's see yalla yalla habibi uh kif uh what's it oh my
god what's tonight oh my god i'm blanking what's the word damn how are you doing tonight come on bro
how you doing man i'm doing good man just hanging out you know coming to say what's up and talk about
uh some bitcoin dissenters uh it was a pretty cool uh experience i like how elon kind of has like an
open platform so yeah it was pretty cool honestly i liked it uh it was it was cool um it was pretty
interesting hearing them talk about certain things and certain topics that uh have generally been
considered rather taboo to talk about on on most socials um but it's been interesting it's been
interesting and let's see let's hear from schnuffalo before i toss to jonah schnuff what's going on dude
what's good eddie what's good with you how are you man i'm chilling i'm having a good night we've
got plenty to talk about and plenty's on my mind so overall a good night um apparently my voice is
not perfectly there which i apologize if you guys hear some crackling here and there uh i'm trying
i'm working through it i guess uh this is this is new this happened uh five minutes ago so apologies if
my voice isn't in tip top form but um we're having a good night and overall feeling good
that was a fun space and also you know it's it's fascinating to hear some some topics of
conversation that normally normally are are either ignored um or just rarely discussed at length um
especially not in one not in a fashion that seems like very native to us like this is
this is this is really interesting at least to me because it's like i can imagine myself being in
david sacks position and looking through the audience of just like you know world leaders
and just seeing requests and being like i'm gonna have to deny that person
like that person is the government is like the you know literally leader of xyz country and i'm like
ah he's gonna stay on the requests for the night you know it's weird it's weird knowing that how this uh
how this platform how this medium works but it's fascinating all right jonah oh sam man what's going
no i was just gonna ask like i missed it so like what's the tldr like what were the highlights that
he had kind of tldr um all right let's see tldr basically desantis running for president we already
knew that um he covered a bunch of just general topics they they they were very against uh
being woke quote unquote and that whole thing um and like they talked about a little bit about
like you know things like their i think it was like the book ban related issues and and whatnot they
also definitely mentioned that they were going to build the wall which is fascinating that that was
brought up and he was like we will actually do that uh which was interesting um for those
people who don't know talking about the wall between the us and mexico uh which which again
interesting interesting point to bring up uh there was some light shade thrown towards trump uh not by
desantis explicitly but by a question asked and desantis didn't immediately dispute it which was you
know in terms of like political wagering a fascinating position um and of course there was a more more
pertinently to us here in the crypto world uh let's see bitcoin and also dogecoin were brought up and
there were questions asked namely about like hey uh are we gonna get some regulation and some clarity
like what's what's happening here especially because they they brought up examples like ftx and they said
well ftx sucks so don't think about that don't use that as your example like that's a scam when you think
about crypto what do you think about people like coinbase which coinbase is a legitimate and like
reputable company that's gone public and that you know actually wants to work in the united states but
can't because they have no clarification and that was like a pretty interesting thing to hear live
like politicians speaking like big politicians governor desantis is not a small one he's he's
literally it's like him and trump for the republican nominee for presidency um that was to hear them
speak positively of companies like coinbase or at least like remark on them in a way that wasn't
immediately dismissive was very cool um and it sounded like it sounded like
clarification was very much in the plans so that's your tldr at least from what i caught
no it's fascinating dude uh and i think like obviously doing this in a twitter spaces forum
um is quite it kind of reminds me of like the first obama campaign where they like for the first
time used social media and politics and so i i wonder if this is like kind of a primer to like
a web 3 oriented campaign um i'm curious in your thoughts on that
oh sorry i was muted i actually would like to get into that we will but first things first i want to get
to jonah say hello to jonah jonah before you got in your shower uh which you know as a as a hopeful
wizard um props to you on taking a shower i'm curious did you listen to the desantis like you're
a forlurity and i feel like this is right up your alley did you listen to the desantis talk with elon
yeah absolutely i mean it was actually an interesting day for many things i'm trying to find the story i
saw earlier on linkedin because you won't see it on twitter of a they call themselves digital asset
securities but they're basically listing certain tokens on an sec um registered type of market that
i've never seen before and i'm forgetting the name of it primorius or primidian starts with a p
uh the chairman is a guy who who runs one of the top legal um white collar law firms for securities and
regulation in the country and his two sons are running it which is interesting i think gravener
something i need to go back but this was hidden and funny enough was kind of announced while this
whole thing was happening today uh convenient um i'll have to go back and find it because i saw
something on coindesk very small about it but they didn't talk about it too much and then yet uh today
i was i did my own space and um i was talking about how nvidia is probably a very good opportunity and not
till two hours after that space um it jumped 26 percent in a 300 billion dollar rally so
if you're in my space and you bought that stock you made some good money that's like imagine if
everyone sold every piece of ethereum that ever that they had and just bought nvidia with it instead
that's well if you if you listen to what i said there not that i want to be giving anyone
financial advice it was more like explaining why i thought it made sense it was made a lot of money
see like i actually i've been very interested in nvidia for a while um it's just it just makes so much
sense dude like they're they're literally the lead like they are the lead on ai um not in terms of
the developers of it but more so the infrastructure behind it as well as in some expected revenue
fyi was 6.5 billion the the actual target which surpassed analysts by a substantial amount was 7.1 billion
damn yeah yeah they're crushing it that's like actually amazing they're up they're up 109 this
year that company is going to change the game um i mean they already have done so but man like that's
really impressive begin you have a thought there yeah i should say like well obviously they are they
are crushing on the ai front and i'm actually finally going to just switch my main streaming computer
to uh nvidia i'm like an amd right now but the new features and how they can integrate with obs it's
insane if anyone's like deep into the obs world like one of the hot plugins that people use to move
around it's called like move transition it's now has direct thanks to the amazing developer explorado
who uh made it it is direct interaction with the nvidia uh face tracking so you can do just anything
you want right inside obs your face tracks the screen moves it is wild before this took an annoying
amount of programs and computers running and it's just like yeah just upgrade your gpu and then
boom crazy new features are coming so i think it's going to keep happening so that's all i'm curious
does everyone's computer here run on nvidia like it's mine runs on it um i've got what is it i've got a
3060 ti that thing is fast as hell um i don't know it's just like i've been watching nvidia for a
hot minute and it's just like everything that they do is killer especially when it comes to ai
they're like i said building the infrastructure like everything that you know about ai they're not
necessarily developing it outside of in my opinion like i think they're they're killing it mainly with
the graphical side of ai but not so much on like the you know they're not they're not really playing
with the chat gpt's or specific implementations one way or another but it's more so like across the
board they are developing the infrastructure the the the the chip types the architecture whatever that
makes ai in the ways that we know it and want it and need it possible and it's like
people just people just faded them and they faded them you know you know why they faded them they
faded them because of like hong kong related stuff um which was weird jonah you know what i'm talking
about so so i do um and we'll get back to nvidia there's a whole lot of stuff i'm following now but
this was hidden in plain sight not intentionally but i think everyone's so interested in all this
retail stuff that they miss what's happening behind the scenes i found the so the law firm is guspray
kaplan uh the founder or one of them is martin kaplan he's had that law firm since 1975 and it's in the
securities and white collar division so that should tell you he's seen a lot of people who work in that
field and his sons uh who are much older now they're adults have have a significant background
as well worked for his father at the law firm or at least one of them did they founded a company
called prometheum uh and this was announced yesterday primarily on linkedin you wouldn't
see it on uh twitter uh prometheum has made history as the first sec registered broker dealer and finro
member firm approved to operate as a special purpose broker for digital asset securities so
uh essentially it's a subsidiary of prometheum inc um with the approval of the special it's like so
new i don't even know special purpose broker dealer prometheum capital service qualified custodian
uh i believe to hold these tokens sitting in contrast to crypto exchanges and other trading
platforms in the u.s isn't that exactly what um it's not exactly the kind of thing that's
sailor was talking about at least like speculatively doing with microstrategy like he had mentioned
that he wanted to do something where he used let's say um ordinals and inscriptions to to tokenize
stocks and and put them on bitcoin which was like whoa that's interesting because he was talking more
so about actual you know quote-unquote sovereign ownership which really isn't sovereign ownership unless
you literally changed the nasdaq to being run on bitcoin rather than so here's like their big note
that's quite interesting um unlike crypto exchanges and other trading platforms in the u.s that operate
only under state licenses prometheum capital is subject to the securities and exchange act 15c3-3
customer protections rules required under federal securities law digital asset investors in the u.s are
currently custodian cryptocurrencies or securities they they like lean into it they say it's all
securities that are securities through platforms that don't offer the same protections as 3-c customer
protections required by federal securities law these platforms non-compliance may pose serious risk
both to retail institutional investors this is what the founder said aaron kaplan that's the son of
martin kaplan of a very large law firm i don't know very large but pretty been around long enough to have
respect we i'm not trusting lawyers today though i don't know i'm not saying i'm just saying twitter
won't show this because it's not popular and this is what's really happening and some in like at the
deep level we expect that custodian custodian assets in an sec registered broker dealer provide
the regulatory protections needed to re-establish investor confidence blah blah blah blah blah blah blah
the status marks the first time the digital asset securities will be custodied custodied by
in a finra member firm and an sec registered broker dealer subject to federal law
yeah it's a pretty big deal separately prometheum ats a finra member firm and sec registered
ats launched in october 22 in 2022 subject to the federal securities law
ats can integrate with its client securities trading systems to allow access to and trading of digital
asset securities is that is that like did they know at all did they mention at any point in that
article like literally once any chain in specific terms so you want me to give you the alpha
sure why not so so they won't say what cryptocurrencies are custodian but they did have a
poster of some of the sample currencies and there were a couple like file coin and some of the more
history ones gotcha okay let's go for it sam yeah eddie uh it's funny man i uh i actually texted ruto
this today because i was on a phone call with a client and uh nasdaq is launching a trading brokerage
platform in q2 of this year so like just let that sink in and think how that maybe changes like supply
side institutional involvement in this space how's robin hood gonna feel about all this
bullish i don't know q2 means like that means like that means like immediately no
that's right yeah i can't figure out how to post up on top here but you can go to nasdaq's website
and it's like right on their site fascinating okay all right in the meantime what's up watch the dude
how are you feeling today what's on your mind how's uh how's your thursday no wednesday when
oh good um i'm just trying to hide the fact that i'm an attorney today so i don't get any shots fired
from the timeline um jonah i just i i only i only caught the end of what you were just talking about
did they get approved for this or are they applying for this as a like registered broker of crypto
jonah oh sorry i was on mute it said on their site and on their linkedin page it said we've
made history promethean ember capital has been approved to operate a special purpose broker
dealer under the sec and fenra all right that's interesting since there's not like actual like
sec won't take a stance on what you know if yeah but you should read who the chairman of this
company is it's deep wall street you should read about his mark look up martin kaplan this guy's
been around since oh i know 75 i've heard that name a bunch of times martin h kaplan man can you
post can you post it here uh i don't i don't want to get like down algorithm by posting external links so
no uh people can post it i don't want to do it just dm it to me and i will post it under the space
okay yeah yeah i got you yeah i got you give me a sec uh i'll take the algorithmic and i am not an
attorney i am not an attorney but i think they're doing it under like reg a or reg d just fyi this is
this is why i want to go to law school like this is why i'm going to law school in august
because i want to like i want to fully understand all this stuff very very well such one so that i
can speak on it better um and also just because it's fascinating like this is this is how the what's
it called this is how the salad is definitely not how the salad is tossed that's what i was going to
say um this is how the i'm not even gonna finish that sentence why did i say that this is how the
cookie crumbles yeah but i was like i wanted to come up i sent you the uh business wire press release
and it's one of the other two documents perfect okay so this is why you're on this is why you go
to linkedin because the people who make the rules they don't post things on twitter they post them on
linkedin and then i can go talk about it on twitter do you um i should go on linkedin i actually have
basically never gone there hold on i'm pulling up this link right now in the meantime what's up
jappy welcome to the space tonight how's things hanging uh it's good i mean i just came on and
you're like that's not how you toss salads i don't know what i missed daddy knows how to toss a salad
apparently i'm here to learn that's what we're here for that was definitely not the the proper
wording that i should have gone for um apologies for any double entendres that were uh
never mind um anyway no i'm i'm just i find this this conversation fascinating and it's like
we also have the hong kong information going on at the same time like hong kong what is it june 1st
is when you could start buying crypto again so a lot of people are like a lot of people are calling a
lot of the uh the upward momentum in the overall market right now a direct result of that also by
the way separately i posted the business wire a link to the top so if you want to check that out
you can uh but like a lot of people are saying that there's the the reason why the crypto markets
generally have been pumping as of late is a direct result of anticipating the or people trying to front
run the hong kong the hong kong opening of crypto now for any of us you know any of us that we we always
say oh guys wait just wait the asian markets are going to wake up well literally they're waking up
as of as of june 1st first now i have seen some pretty good traders uh like gainzy and uh wizard of
soho say like hey you know we've seen this before and while we think that this is like
ultimately a bullish thing and a bullish catalyst and a good thing for crypto
we think that this is going to be kind of like a fake pump where it's not something i would short
because these type of things go way higher than you expect but at the same time they still expect
a turbo nuke down at some point so i'm not going to say like this is you know the bull market is on
baby let's go let's run this thing that's not something i'm going to be saying or espousing
but more so it's just fascinating because it's like we're seeing a rise in general crypto market
interest as one um on the political side the republican side of things seems very much in favor
of crypto so there's like at least a clear stance in one half of the u.s politics that's like
go crypto uh the other half the democratic side is at least it's actually like kind of split in my
opinion like there's at the top of it they're very much against it you've got people like biden i think
warren that are very much against it but you also have people um i was at btc miami and you had robert
f kennedy who was talking at the btc miami stage and it was definitely written by someone who knew all the
knew all the the topics to hit to make people in bitcoin happy because people on bitcoin were like let's go
oh sovereignty of our assets you know people were excited um and i think it's interesting because
it's like there's at least in the u.s what seems to be a split left or at least a partially split left
on crypto which is you know it's not like unified against it and on the right it seems like very
strongly pro crypto so it feels like in the u.s there's like a lot of pro crypto sentiment and then
of course in the west or uh sorry the far east i don't know wherever are you are in the world asia
um only only applies to americans when you say that um asia seems to be gradually opening more to it
namely like the uh the westernized countries like hong or westernized localities like hong kong for
example um and that's like i don't know i think we're at an interesting place obviously i know jonah i think
you probably agree with me i think we're like still potentially two to four years out before
we actually get any actual adoption or real real real momentum that's like kicks us off into whether
that's another bull run or just generally more like you know actual real adoption beyond speculation
but i don't know before i toss to jappy jonah you got any thoughts on that generally as a concept
i'm gonna go with no i'm gonna go with no um all right fair enough so let's go let's talk straight
to jappy what's going on jappy uh so i don't know if you discussed this already but um what i don't
understand is you know they're they're talking about how china is getting a little bit more leaning
towards crypto and hong kong is you know starting discussions with exchanges and whatnot but it feels like
at least from what i understand that people that are interested to uh investing in crypto
in china and hong kong already can so is that changing is that like what what am i missing here
with that so i i think i i think you're right but i think that that's also kind of on like a i think
that's more so if you are an institution in hong kong directly and like you want to invest as a hong kong
institution you previously would have to find like a workaround or you know some other way that
wasn't explicitly buying or investing in in crypto normally um but now you can just do so like fairly
freely i don't know the specifics here i can't talk on it with like confidence uh but i do know that
it's it's a substantial enough change that it's worth noting and it's been worth noting for i want
to say the better part of the past six months it's just in crypto we and in general markets it seems
like information can be known years ahead of time but people will only respond and try to front run
like two or three weeks right before before before things actually kick off um which is people are
weird like that i don't know i think it's weird but it's something at least that's worth noting waj i'm
curious uh if you have any thoughts on that as well i'm just just i know i'm tossing to you randomly
but i'm just that's okay um i mean like that is i think what you said like it's people can still
invest in it like just like we can in the united states right but the how legal is it how are these
exchanges like are they operating under the law it's kind of an unknown and hong kong's kind of taking the
first step where they're gonna allow the different exchanges to apply for the licensing to be able to
the people to do it like in a fully legal way like the same as trading stocks so it gives some
confidence to like the institutional investors who are already doing it but they're doing it more on
like backdoor channels and hiding it and now they can do it up front put it like i'll probably on their
financials and kind of just fully disclose that they're doing it um trying to think about like if
hong kong is the best place for it to start and i think it depends on how it all goes right the hope
is that hong kong regulates it but in a very laissez-faire approach where they just kind of
let the market run and they don't try to control everything and take like you know full custody of
everything and make it just like uh fiat is and if we as a crypto culture can like live within that
boundary and not fuck each other over left and right every day and make like a huge cry for regulation
like that'll be good because then the rest of the world will have to adopt those same
laissez-faire principles towards it but if hong kong goes in hard on the regulations and makes these
like um you know all the exchanges go through like all these hoops and every like person kyc and
everything like be super regulated like fiat and that's like the precedent that kind of hurts overall
right because then everyone's going to follow their lead or if they go really laissez-faire and we
fuck each other over like we like to do and scam everyone out of the money and all these exchanges
fail well then it's just going to lead the rest of the world to like really strict strict regulations
so it kind of i mean it can go either way good or bad but we're hoping for like you know i think
everyone here wants there to be less government control less regulation over this than there is fiat
so that there's more of like a free market there but we kind of have to behave to get there and we've
shown that we don't do a good job of that oh stop it stop being so negative you nancy no i mean i
you're right you're right but it's frustrating to that extent but at the same time i do i
want to say that i think it'll just kind of work out regardless like i think there will always your mic
sounds oh i'm sorry my finger was covering it apologies thanks um yeah i mean it's a fair
take i think we'll figure it out though to be honest like i i take more of a a net a net positive
thought or or general how do i say this not thought but like positioning towards this type of stuff and
i think we'll ultimately figure it out how so how exactly we'll have to see but yeah jonah are you
are you there by the way for chance yeah i'm here i was just in a ordinals debate yeah are you on
another space at the same time as well no no i was responding to um to a comment about like
digital someone said yeah well all bitcoin nfts or whatever are digital artifacts but not all
eth nfts are digital artifacts i'm like well not all people are fucking stupid
some of them are just mentally challenged but some people who are mentally challenged are also
fucking stupid so but but like it's kind of like there's there's almost there's almost no some
people who are mentally challenged are brilliant that's my whole point that was the exact example
i made but like it's just simple can we like make that a quote it's like simple supply and demand
right like there's 10 million ordinals there's barely a hundred thousand people who want the goddamn
ordinals it's the same thing as eth nfts and also they're not any different from eth nfts when it
comes to on chain yes i know that like bitcoin is a more sovereign chain i know all that shit
but just realistically speaking if it's on chain and doesn't require ipfs which you can do on eth
then it's not that different from bitcoin when it comes to quote-unquote digital artifacts you know it's
like kind of smoke and crack i like i believe in ordinals i think there's a place for them
but you know just don't sniff your own ass too hard well we don't have native assets on eth so
technically we don't even know in the nft wait if it's on chain it's not like it's not the same
is it not the same thing no no so okay this is like almost a cardano shouldn't put um but
on on in the smart contract like you don't own the nft as a native asset like it's not actually
belonging to you in your wallet um you have a smart contract pointer which says like
you own this particular index in that smart contract but that you like it doesn't exist
in your wallet if that makes sense it's just a pointer right but that's if it's using ipfs if
it's not using ipfs how is it the same thing regardless no no i'm talking about the ownership on
chain of the nft like there isn't a native asset nft that exists in your wallet it's the smart
contract like your your wallet wallet app talks to the smart contract and ask does this person own
this nft and then it tells you yes or no but like on other chains you have that asset in your wallet and
there is no smart contract to consult to like determine if you own that nft or not does that
make sense so it makes sense but it's like all right like why should i care right like if there's
10 million ordinals and there's only a hundred thousand people who want it like okay maybe i want
a bit god ordinal because bit god or i want you know udi like i want but like i hate the word
artifacts because artifact would mean that it has value in civilization and it hasn't like bitcoin has
proven that as itself but ordinals have not proven that yet so it's like kind of pre it's like a little
too early to call them artifacts because like these these ordinals don't have the value in themselves they
have value based on the desire to want them because of their affiliation to who made them
um a lot a lot of people a lot of people are very much gung-ho on the uh calling themselves like
forensic analysts basically or or what are they called like reading a chain doesn't make you like
you're not chain analysis yeah archaeologist dude there's there's a vintage nft guy who insists that
he doesn't he's not an archaeologist and that he's not looking for historic nfts he's looking for
vintage nfts the fuck does that mean what's the difference dude i don't even fucking know but
it was i think what he means by vintage entities he does this on east um he he's he claims that
vintage nfts are nfts that existed before erc 721 so effectively erc 20s that but do you get what
do you understand what i'm saying though like all right here let me let me give you an example
if if you go to a college and and you go to your dorm and there's a used condom on your bed
you don't go holy shit that is provenance that has been there before i even saw it like we can't
touch this fucking thing like you understand i'm saying or like finding a dildo from the roman empire
like just because it's old doesn't mean people give a fuck about what it is one thing you do do
jonah though is in either of those scenarios you definitely smell it no well that that's that's
just vintage definitely not now i'm going to toss to these other hands begin and eric uh but i also
will say wab i'm going to come back to you because i saw that you were listening to the desantis space
and i'm going to want your thoughts on that but first going to toss to begin and then eric yeah don't
worry i stalk you classic begin what's going on yeah you know actually i'm thinking about this right
now and i'm kind of wondering because i always like the whole digital artifact thing and all
every single ordinals digital artifact but what if i inscribe an ipfs link or what if i inscribe an
s3 link is that still we still consider a digital artifact um if not if they do actually i'm about
to make a bunch of ordinals right now so but yeah just curious what people think they don't like that
like that those aren't legit those aren't real okay so it's considered not real
it's not an ordinal banner well then providence providence doesn't history doesn't matter then
but because if he if he if he meant whatever a link to something but it's not an actual link it's
just like the archive of a link and someone says well that's not real well how do you know it was it
it was inscribed on the ordinal chain that must have historical significance
it's a link to nothing so are all these others
well the link itself could be the art right there is some art in a beautiful url occasionally but you
know i'm artist objective i could make that case too maybe maybe i fucking love html
fucking links maybe that's my thing then you should pick up a happy satoshi digital you should
do that you should do jonah um i heard that the floor on those was like 0.25 bitcoin which is pretty
bullish that was awesome uh let's toss to eric what's going on dude
yo jonah had to be fucking dying on that comment about the providence piece and the fact that just
because it's old because that's so i said this like three four months ago the second i saw ordinals
because i thought man this is gonna this this is gonna be the scammiest shit in the world to sell a
satoshi for anything more than a satoshi is worth just because someone's like no it's stamped you don't
understand it's dancing so that makes this satoshi worth more it's this satoshi is worth a bitcoin the
first thing i thought was these fucking btc pioneers built a laundering mechanism on btc finally they can
trade these fucking satoshis for way overpriced value because somebody like a caveman you know
fucking inscribed something on it so i'm not saying that like there's not a piece for it but i think like
i know a lot of guys that meant a lot of fucking ordi and did a lot of early inscriptions
and like are playing these systems the same way as they played shit coins on eath and so i think
there's something to what jonah's saying as far as like like one percent of ordinals just like one
percent of all the shit on eath is going to be yeah that's exactly the other 99 is just garbage that's
just floating in the sea right and like i think that's like a fair assessment and then at least and
i get i get wild point of like hey tokenizing right like hey this isn't a native asset like a
satoshi where its inherent value is like part of the ecosystem it's you know these nfts have these
contracts that you know basically require indexers and they tell you and that's a programmable layer
on top of eath like i get that argument too but that's kind of like it's supposed to be that way
because it's like i don't know what we would call it if we were inscribing on eath right whatever a
fractionalized version of eath is i'm not sure yet i don't think you can do that because we don't
have a utxo model yeah like yeah so like i don't know that was that was the only thing i get both
sides i think there's going to be a huge prominence and like you're going to have all the legacy of
like these ordinal pieces but i you know i think 99 of it's just like noise on the network you know i'm
while i run spaces i almost always check out like what other spaces are going on concurrently
just out of curiosity um and i see one and i'm not going to name any names because i actually like
the space a lot but there there's one other space uh in which the co-hosts of said said space
includes in their name nft archaeologists and in their banner historical nfts it's like
i know you're talking about it's it's so funny dude listen you ever seen um you ever seen uh pawn stars
fucking yeah like you ever like i imagine we should have like a digital version or like an
animated version of bitcoin inscriptions and like wob is like you ever see this sappy sale bruv
this is this is a five million inscription bruv and then the guy and the guy's like let me let me
call in an expert and then and then that guy comes in he's like well if you just look at the
inscription five five six nine six inscribed to satoshi day 2024 you'll see that and just like
do a whole thing yeah they'll they'll get into the what would you have you seen what they're doing
now with the um the epic and legendary satoshis and like the different making a video game got it
yeah no they're literally and it's called that it's called that because because casey the guy who made it
was like yeah uh we're gonna just roll with this like we're gonna casey rottermore the the guy who
made the ordinal i i guess you call it protocol um he's like yeah so that you could also have mythic
and legendary uh or like satoshis and i think it's so bs but because casey himself was the one that
wrote about it they're like yep this is this is official you guys are gonna love so i i'm signing the
deal tomorrow but there's a new partner coming in for our company like a sponsor it's it's so dgen
friendly and it it involves loot boxes you guys are gonna be able to roll for nfts and it's
fucking amazing basically i know a guy he's ex microsoft he's a good friend of mine in real life
he basically built csgo cases for nfts and we're gonna be like debuting it oh it's so
fucking good you guys are gonna love this shit i'll check it out and again if you guys are enjoying
the space bottom right a like and a retweet do go a long way now i'm gonna toss i i see the hands i
will get to you guys but i am gonna toss quickly to wob wob i saw that you were sitting in the uh
in the elon space or not it wasn't elon it was david sax um you know extraordinaire of all things uh
crypto and politics politics um so you're sitting in the david sax space with elon and desantis and
eventually they brought up dogecoin and bitcoin and i you know i'm not gonna ask you wob on your
thoughts regarding the mexican american wall that's uh that's definitely not what i'm gonna i'm really
curious as to you know what you think about there but i am curious i am curious like what your thoughts
were as they discussed generally crypto i wasn't really listening to be honest i didn't know who the
fuck desantis actually is or was um so yeah i wasn't paying hey what do you call what do you call
a fat ron desantis at fat camp i assume well he's already fat you know he's actually has terrible
contacts if he's at fat camp there's like contact schools he's already fat but what do you call ron
ron desantis at fat camp
ron desantis
what the hell are you on about that was lame
actually cancer while i'm welcoming you to the stage uh did you did you hear this the santa's
speech i'm curious so i only heard the ends of it um i was handling something
so i unfortunately could not hear most of it but this is actually interesting because i was going
to make a post and i was going to tag or cc jonah and hantau but since jonah's here i might as well
ask because it's literally perfect um in terms of a live streaming event right since you're in gaming
you look at twitch and and the other uh live streaming platforms for uh video games like youtube and
others with this i when i got right off it said 5.9 million listened in obviously it's much more
than that right now because that's what it said at the beginning of its ending like it's been maybe
what a couple hours i don't even know anymore because it's anyways um with the viewership i said
300 there's about 300 000 330 000 concurrent unique listeners apparently and we don't know remember this
we do not know what the real number is because i don't think twitter was able to handle it because
it went down the first time so in terms of viewership in terms of overall volume of internet
in terms of bandwidth does this keep up with some of the top video game streams or top internet streams
in general currently because i haven't seen something on twitch in a long time that has 300 000 unique
uh i don't i don't think there's actually ever been a time i i'd have to go look i've never even
seen there's only one time there's ever been one million concurrent i think it was ebi it was a spanish
streamer uh who came pretty close um but i don't think there's ever been a time in twitch's history where
there's ever been uh past a million even lcf didn't have 300 000 well concurrent is different than
total or aggregated concurrent no no i know i know right but concurrent is really important
because they now they're doing metrics like twitch so you have you have your concurrent and then you
have your aggregate and then you have like at one point during the concurrent where it was like your
peak um in viewership or like your most engaged got it like those are the three things so let me make
the question very simple so that way because because i don't want us to go on forever and then begin
and yalla hate us so like tldr this is the main answer i'm looking for because i've been wanting to ask
you this for the past hour anyways are you impressed a with the turnout in terms of the number and b do you
see this as a potential change in internet viewership because it's not viewable and it's just listening
can this draw in larger crowds than video streams content i don't because there's less input you can
listen to it in the car so the the short answer is yes the very quick answer is i don't i would i would
argue that there aren't even five million people watching twitch right now like on the whole
platform concurrently i mean currently i'm not talking web traffic like for a day i'm talking
concurrently at once i would argue there are not five million people on that app because it's in such
a niche versus this is like every demographic is on twitter over the age of 18 versus twitch is very much
like 15 to like 35 this is like everyone so um this this in my opinion this might break any record
i've seen other than other than major concerts on youtube even like youtube i was gonna say youtube
no but like for example the drake concert i think was very close like there was a live drake and kanye
concert that i think was very close if not the same so bandwidth wise on audio for everyone's making
fun of twitter it's pretty fucking crazy for for uh even ott to have that um if this was video plus
audio this whole app would have crashed because the video bandwidth oh i mean there's a there's a chance
that it did crash that's why i went down no but i mean crash and not come back online for like an hour
or two no i feel you i feel you um yeah i mean that was the only thing i was gonna ask because in general
i found that this app is actually very healthy and like this actually like if you invested your time
building a platform here i think you should be quite happy because there is no app that i'm aware of on
the planet other than if you had drake and kanye which that's the only thing i can recall or the nba
finals is one ufc like the like things of that level like that level sports like super bowl like those
are the only things that contend with it but one individual for our presidential debate that's still
so early on in a campaign uh very impressive all right we've got a lot of hands here and also
some people uh if i cycle you by the way there's no love loss like i i want to get you back on stage
your request will get you back on don't worry uh but let's get through some of the hands i'm gonna
hit yellow and then begin and then go from there so yellow what's on your mind man yeah just like the
whole bitcoin and uh the ordinals and satoshis and everything i think it's cool to see um all these
new communities coming together and you know people getting excited about bitcoin only thing
that concerns me is just like you guys were saying the rare satoshis and now like they have those
curse ordinals and i feel like you know the ens uh run when people were just like making all these
different clubs like negative numbers underscore numbers passport clubs and all that ended up going
to zero so i think the narrative of what's being pushed is just kind of important with bitcoin right
now because if they just keep creating these new metas and you know it's it's gonna get a little
crazy and out of hand so just to focus on people that are really building or you know projects that
are actually passionate about bitcoin and not just creating these new metas left and right what the
hell is a cursed order i guess we're gonna find out from cypher like if anyone if anyone knows that a
cursed ordinal is it's gonna be cypher so we're gonna go to you at some point uh i promise but first i have
to get through some of these other hands that have been begging uh but cypher i'm glad to see you around and
also if you've got cypher if you've got friends who uh who've got thoughts on the desantis conversation
and or or knows bitcoin whatever generally invite them on in uh but first let's go to begin what's
going on being first i'm not begging i'm vegan okay sorry uh i was gonna say on the twitch thing uh
because you know i'm in that field too uh twitch averages like 2.5 million people around right and
it swells up during various events right a couple people this year have hit 400 or 500 000 but those are
like one-off giant events and in the past a couple random streams like i think jonah mentions the e-buy
one he had like 1.5 million um however i will say it's doesn't actually limit having video compared
to saying all the audio people people don't realize huge huge percentage of people just listen to twitch
and listen on their phone and it's accompanying them all day and that's because streams are like long
you know it's crazy if you ask a ton of people like people don't sit there and watch you stream for
six hours like it's tv right they are doing their laundry they're working they're doing all this
other stuff and so like that's why audio is like the most important thing on twitch so in my mind
that actually helps the cap go off it a little bit more right there's more entertainment and then i
know a ton of people who like they don't even i swear to god they don't know what i look like they
just know my voice so that's just my thoughts around which you know it's like uh i was talking with uh
i was talking with someone i think it was oh evil plan evil plan and he used to be running like 24
hour spaces and he was taking some analytics and at one point in time the average listen for
someone that was coming into his spaces was like six to eight hours which like oh my god you know
i mean obviously you can't really do that with with video because no one's going to passively
watch video for six to eight hours it's very difficult or at least like very small percentage
of people do that but certainly they do with audio so i'm sure that there's gonna be people that have
joined at the very start of the space like this space is in particular and we'll stick to the
end which is going to be two and a half hours to three hours which is like that's a pretty long
amount of time to just sit in one one spot and listen to the same thing listen to me ramble on and
on again but it's fascinating let's go to wajda i would just touch on like the de santos thing i i mean i
looked at it as like um elon testing it and i think he's friends with santos and like just trying
to see how much bandwidth they could run see how big they could get it and i think it's just like
a test phase to move on to try to go further and further elon from the beginning when he took over
twitter said he wanted to get people to move away from mainstream media so this is kind of like a big
step actually for somebody to announce their presidential candidacy on twitter versus going on like
fox news or cnbc or something like that so i think it's a good get and i think it's somebody said it
but like whoever's been building their you know brand on twitter this is definitely like a bullish
sign that they're going to put real money into twitter faces because otherwise there was no point in like
testing it on this type of level i'm curious again um and i actually have again more thoughts and
questions regarding like the actual content of what was discussed in the de santos space but just generally
um if if i could if i could have video on this twitter space i mean i probably would use it but i'm
curious like would you guys actually want to watch um video so like if i was streaming this concurrently
and had like you could just tap on my profile or whatever or like the interface was different
whatever would you want to see me during this space would you would you be dancing for the full
two and a half hours or just sitting there i don't know why we figure out something
probably a little all right because if you're dancing i would watch but if you're just sitting
there i have to look at your face the whole time what's wrong with my face anyway no i think i
i think i'd find a way but like i you would actually in under the right circumstances actually
watch it okay good to know um jappy what's going on uh just to give some context on the
numbers of viewers for the spaces uh and if you wanted to know anything about content i was listening
to most of the two but um from a what they stated the issue was with the spaces crashing and crashing
a bunch of other spaces was not the amount of people what but it was because it was elon was hosting
it and he has 100 million followers so the speed at which followers were or people listeners were
joining the spaces is what continuously crashed the spaces not the amount of people and i think the
capped at 680 000 before it crashed um as a follow-up i'm pretty sure the elon bbc interview
had i think like three million concurrent so it didn't even get to that point and that's why there
was no issues when david sacks was hosting it was just because too many people were joining at once
yes small david sacks tiny sack he was is he short
i don't know but that's a hilarious joke yeah we could spread that around no uh he he will he
will uh de-boost you though because he's a big investor in twitter so oh is he oh okay well yeah
why that's why he was doing it i'm a big investor i'm a short guy though like i you know he's short
guy there there is no honor among short kings uh all right whatever cypher dude what's going on how's
your uh how's your wednesday treating you and i've got questions for you regarding both the
santa's pump and get bitcoin as well as if you want to just like briefly mention what the hell
is a cursed ordinal cypher good to see you around what's going on absolutely good to see you eddie
always uh you always appear in all the best places to be so when i see an invite i'm gonna be here you
know uh with that in mind cursed inscriptions are so i'm gonna preface this by saying that i am
personally opposed to this method and idea for solving this problem but we're we're here so
this is where we're going uh they are the idea that there was an indexing issue where certain things
were not indexed in ord for a long time uh some of you may remember this if you were involved with
ordinals like a month and a half ago at this point uh instead of resolving this in a timely and efficient
manner you know whether it's a scalpel or a hammer we delayed and then now the solution is going to be
to just move a bunch of these two negative inscription numbers again i may not agree with
it but if it's the direction we're going i'll cooperate so yeah it's basically just fixing the
indexing issue by putting it behind the house you know if you got a rusted car why keep it in the driveway
what i'm so confused so basically basically if a ordinal is shitty we can hide it
uh no if your ordinal didn't meet the standard of being indexed previously but it will meet the
index or the signature it would be in quote cursed and it would be assigned a negative number in the
meantime um so if that sounds if it sounds abnormal to you you're probably right but hey i think it'll be
fun it's led to some chaos it's led to some really great art as people are making uh i've been calling
it cursed art where they're taking collections that they had made a lot of the like first party
collections that dropped as ordinals first and you know not the clones coming from ethereum uh a fair
number of them are dropping brand new art for the cursed inscriptions where they're purposely screwing up
transactions to make them be have a negative number and then they're putting really dope art on there
uh iko's my girlfriend's project she dropped uh i believe she's calling them the royalty of hell
or something it's like a prince and a princess um the booze dropped a whole collection of uh cursed images
uh the guy who did astral babes if any of you know him or those he dropped a bunch of them that are now
very witchy honestly they kind of give me the vibes of the uh the coven from the ethereum side so it's it's
awesome to see art come back right like because brc20 doesn't really get my engine revving so it's
really cool to instead see all these projects that i already liked their art that are like let's make
more cool art fascinating and that's pretty interesting okay and then also so that's good to
know all right so thanks for that update and also i guess at some point we'll probably talk about that
more um i'm curious though cypher did you listen to the uh did you listen to the desantis talk and
i don't know how you feel in regarding politics as it's beginning to enter crypto very heavy
um so as a as a very cypher punk aligned person i tend to avoid politicians whenever possible
unless they become a direct threat to my objectives personally so with that in mind not
fuck desantis i don't i don't care about anything he has to say he's some random dude who is in a
political office in the u.s um honestly politics is the most banal thing or banal thing we've ever
created like let's decide somebody else should be in charge and then let's make it a a like popularity
contest it's like high school almost like we we basically we're like you know what we all really
loved was high school let's recreate that as a system of governance let's do uh dowels instead
where like nobody participates and whales control everything i mean did you see our voting rates for
the last election we're already a doubt if we had that that's the best voting rate for any doubt in the
world the u.s election i i think it's actually you should look at most doubts it's pretty bad
it's like six people from a dow of two million are like i think i'll consider voting i'm gonna go to
toss to death and then i want to welcome the two new voices savage and boot to the stage but death
what's going on yeah so i was just gonna make a quick comment on the the audio side i believe um audio
is something that is more universal than video um even like seeing like as youtube has like grown over
the years i know there there's like a wave of like influencers that are like here's how to start your
new youtube channel and they all use the same information right it's all like you know regurgitated
information throughout the years but one thing that it's all true that they all say with like
resilience is buy a microphone before buying a new camera because it's intolerable to hear your voice
echoing or just sound like you're in a bathroom or you know in a dumpster it's like i don't care if
you literally look like you just shot a christopher nolan movie if you sound like you're talking
through a tin can so yeah that that definitely applies i think it's much easier people can listen
for longer than they can watch for um i think it's important especially part of this conversation you
know oh you change the title to santa's pumps bitcoin but it is an important part of the conversation that
only desantis and uh rfk jr um are the only two vocally opposed to cbdc's um both seemingly uh
interested in crypto uh both anti-cbdc uh so i think that's important note that desantis is in alignment
at least uh with rfk jr there so i think that contributes to the conversation also i'd be interested
in seeing uh if elon made a donation to desantis uh i think it's a big big staple or big big point
for twitter to have somebody announce their presidency um on twitter versus uh another medium
or traditional media um that's just speculation you know i'm not saying that he would donate but
it would be an interesting way of you know uh treating your donors well by coming onto their
platform and being the first president wait a minute to announce on twitter do you think if i
gave desantis like a hundred dollar donation he'd come to my spaces you'd probably be looking at like
maybe ten thousand dollars or more eddie maybe maybe okay all right whatever i'll consider it i was i saw
that your hand rocketed up i i don't know if i don't know if that was like especially on the point
oh it was just the political point um that i think uh with people talking about like politicians
get involved in crypto um it's like not something we should wish for uh if people aren't like overly
familiar with the u.s voting system like the only job of a politician is to get re-elected and the only
way to get re-elected is to pump short-term benefits on people so everything they do as far as passing laws
and things they take stances on are always like for a two-year time horizon um and if you're looking
at crypto long term as something we want to stick around like that's not a good way to attack it
so they're always going to pump things that just like get their voters excited for like the short
term which i don't think is beneficial obviously not beneficial long term i think most of us are here
for a longer time horizon and unfortunately people in america are sheep and they follow these idiots
just because they say something on tv or on twitter spaces so like the more they talk about it the
more the dumb masses that live in america will follow their lead so if they start like anti-crypto
crusades it'll just get worse and worse so i'd actually prefer they stop talking about it and just
leave it alone but that's my personal political take on it
hot take that was a fairly hot take i mean i get you and i i get the fact that
i get the fact that much of what much of what politicians will discuss are targeted at very
short term kind of like the exact type of hype fundamentals that work in crypto and then a lot
of our favorite nft projects um and the same reason that people are like oh frank d gods is the world's
best founder um i you know there's not shade towards frank but it's the same thing that makes people say
that make people want to vote right for uh for an individual just it's just interesting to watch
happen um and yeah i guess uh bah bah like a sheep all right let's keep things rolling um i said i
wanted to say hello to boo so i'm gonna quickly say hello to boo and then get to these hands of boo
also welcome to the stage dude how's your wednesday i i'm are you having fun with these cursed ordinals
which we're just now learning about dude i'm so stressed like i got 333 cursed inscriptions done
like earlier today and i grinded all night right like straight six hours straight slept at like 8
a.m and i knocked out blissful dreams and i woke up at 10 a.m and you know i was getting pinks people
were like whoa are you inscribing i'm like yeah i'm like fuck i gotta inscribe like 333 more and then
i restarted my pc because i because it was like bugging from staying up all night and my bitcoin
cord just stopped so i can't finish the whole collection and it's been it's just i'm watching
people just roll over 10k and it hurts it's so painful bro but besides that i'm
i'm doing great i feel excited but bug dude ornals is like blowing up i've never been so stressed in
my life like it's great bro everyone entering the space is great but jesus that's all that's all that
was that was my mini rant dude and it's like everyone's orange look at yalla look at yalla
habidi he was never orange by the way there isn't everyone getting orange filled it's great
regarding fantastic regarding udi by the way because he's like sus play i guess target number one for
laser-eyed people i did read and i don't know if this is true there's a new type of uber it's
like a new company it's called black wolf and it's uber but it's an armored car and each driver
and the passenger have guns and um what country is this available in jesus christ america i'm pretty
sure it's real i read it but it's called black wolf it's a new type of uber company the funniest comment
i saw when i read this story was imagine it wait i saw this this is a real thing huh real thing i
saw there's a whole video about it the funniest shit about it though i read a comment on one of
the stories about this and like i didn't know like i wish there was a like a donate button i would have
paid this guy because i laughed so hard it was some guy he said i imagine calling up an uber to spin
on the block or like oh spin on the ops that's you can see how white i am i'm so white i could
even say ops correctly uh knowing me i'd say spin on the opposition like an idiot but uh
but uh yeah you said imagine ordering ordering an uber to spin on the ops i was like i was dying
laughing it was the funniest shit i read in almost a year dude that's crazy oh my god i could just
imagine like imagine you're going on a date with someone you're like hey um all right are you gonna
get the car yeah i'll get it hold on one second it's just like an armored fan with guns joda can
you please tweet that out like just tweet a picture of the company and be like when you need to roll
up on the block against the opposition please just like make it like a dad tweet all right i'll do
right now i'm fucking crying let's get back to the conversation um although i will ask wab do you
think you'll need to order a black wolf uh at any time soon i know that the knives are pretty crazy out
in uh the united kingdom listen uh we don't need any of that we're all strapped anyway we uh keep knives in
our belts i don't know if you've seen that that's not what's trapped is wab well that's what we call
it in the uk mate um yeah people have these things called rambos which are like machetes that they like
slide into their their belt line um so that's all you need mate i think you've just turned down the
street cred of uh uk trap by saying when they're talking about straps they're talking about machetes
no what are you talking about stabbing someone is way more hard than it's way more difficult
yeah you can't put a red dot you can't put a red dot on a machete though i mean it's hard to sell
man yeah but it's so much more personal somebody's weapons trust me it's so much more personal though
you got a laser on it you have to get in intimate you know what i'm saying like that's weird
yeah but you can't shoot the ops across the block can't i don't care about shooting what
do you stop stop stop chris what's going on
i'm making a margarita in my family's loudest fucking background okay two quick things number one
eddie anytime you want to actually do the video thing let me know i will produce that for you it's
simple i do it lots of times every week and i did twice today and i'm exhausted i passed out after
the desantis thing so that sucked other thing is uh because vegan's here and because other people are
here that can weigh in uh who know jonah what should i make jonah say with ai because he's got the perfect
voice to just copy and train ai i can make this motherfucker say anything we want so you tell me
what you did nothing please that's all i ask booty booty booty booty rocking yeah as long as i like
that's a completely fair game as long as it's not racist or something that will actually get me in
trouble other than that totally fair game i'm gonna send you a dm in a second not you jonah
yeah just roll those dms in and uh be as off the wall as you want it'll be a good time
make it with this fud web 3 gaming bro yeah that's a scary like they're so evolved now wait
that's a good one you should do one where like it's a private phone call i'm like yeah i don't
five through game is fucking bullshit i'm just writing this thing for money like do a whole thing
like just like make me look like a complete clip that clip that he said it clip it yeah you go
yeah track clip that bad timing
let's toss back around to finn dude welcome to the stage finn how's it going
it's good it's good i was gonna say if anyone uh wants a good ai service uh 11 labs
is the uh is the killer ai voice tool uh takes like 10 minutes to set up uh it's really amazing
it's whenever you hear like the really good ones like i don't know if anyone remembers the first kind
of couple that popped up of like joe rogan and uh obama and elon musk and joe biden playing like
minecraft together uh all of that's 11 labs um you basically like the easiest way this is the trick
of it find a podcast uh add the clip to premiere pro or like your editing software chop up just their
voice for five minutes straight upload the audio clip and it'll spit out perfect intonation you can
actually like mess with the intonation and stuff uh it'll catch it on like speaking cues so like
if someone says um or and in their sentences it'll actually add those in uh periodically it's really
fucking creepy but it works really well yeah that's what i did yesterday twice exactly as you said
and it's a dollar for the first month on 11 yeah it's so cheap it's horrifically cheap uh and kind
of scary like what it can do i remember we were messing around with it and wob hates it because
you know he was obviously like the the test at first and um it picked up on like a weird um that
he kept on saying uh in the clips and it literally would like interject it in random places
man-made horrors i just posted the thing that you guys told me to post
thank you thank you jonah all right let's toss things over to wob
yeah i've got a uh it's back on the governance topic it's i don't even know if this is a hot take
it's like a mild take to be honest um the solution to governance is gaming um mainly because people
are super engaged and like could you imagine if you had like a steam overlay that in the top left
it always just had the amount of like proposals you need to respond to and like how many tokens
you own and like has that always constantly in the corner of your screen while you're playing i
feel like that would engage people way more and like they would feel like they needed to
engage in governance and have it all in one spot i thought that that solves everything
but it still doesn't it still doesn't solve for the most important part of dao governance which is
that you have to be producing like governance that people care about enough to vote on
daos are bullshit and like daos for the most part like i i love that there are daos but like
what dao have we really seen that's put forward like really good consistent proposals because it's
community-led and at a certain point people stop they put together a lot of shit proposals though
like there are some good ones that have come out but like they also tried to spend what was it like
a few million dollars on reviving the water brand is that a good use of funds no because you're
letting a bunch of people who don't have experience with any form of running business or running a
business uh and democratizing it interesting also i will just say this i'm just going to comment on
the state of the space like this space particularly um if you've noticed it's been very difficult to
remain concentrated on a single topic for any longer than maybe 30 seconds so i think in like
a few minutes we are going to find a topic that we're going to lock in on um trust me i'll i'll fit
that's because of me i have addt that's fine that's fine we're all right we're chilling uh but
it's just can i switch it okay you got something on your mind boo yeah okay so speaking of elven labs
bro there's some tight things being made in vr where it's basically ai npcs using elven lab voices and
you can just talk to them and we'll talk back to you they'll like respond to the game i think it's
crazy bro i think video games are gonna like ramp up in the next couple years next year and like we're gonna
see some insane things being made so i'm just excited for the future of gaming oh we'll we'll
get it actually tomorrow is probably gonna be the best day to discuss that because i think uh
tomorrow ruda and i are gonna have like alluvium on supposedly uh we should have alluvium we should
have a few other big names on and uh wait what time is that space 8 p.m 8 p.m 8 p.m 8 p.m eastern eastern
okay bad bad do you want to hog i'm gonna run we're gonna do like a since ordinals is blowing up we're
gonna do a sub 100k sub 10k mega spaces so if you or anybody else wants to speak like come on bro
it's like i'm making like a community thing i want to have a chill spaces going sure hopefully
hopefully it's loud so that'd be cool and then i'll tune in for that that sounds fun clock
if it's at 8 o'clock then we're just gonna no no it's at it's at it's at 2 p.m pst tomorrow oh
okay i should be good yeah just show me that bet all right i'm gonna toss quick to yellow yellow
what's going on oh no you're fine it was actually we we passed the topic or a few different topics
already it was just like back to like the whole video and audio thing and about how like you know
i mean i guess if you did video content on here it could work but the thing is like the reason why
spaces works is because people are okay with like listening to something versus just like watching
the same thing for hours so like on spaces they have the live broadcast but you can do anything if
you're on there like you just have to watch it and it just kind of like takes away from all the
other things you can do on twitter or anything else so i think that's why audio has a an advantage over
video okay i i agree with that all right i'm gonna go to death and then i've got a totally separate
topic i'm gonna switch gears um asks i've got a totally separate thing on my mind and i actually
want to hear from jonah and wob and a few others on this um it will not be bitcoin related so
sigh and boo you guys are welcome to stay but i totally understand if you're like
fuck this amount but that was okay i got you i'll switch sorry that's what's going on yeah so this
is since we're going to be pivoting this is perfect because this is just last comment on the politics
deal here on a scale of one to ten eddie with ten being the most likely how high do you think or how
possible do you think it will be that there will be campaign ads that have like gta gameplay
underneath of them like fortnite gameplay underneath of them to market to uh a younger generation
oh my god don't i don't i want your rating too because you'll be all right so if you guys don't
know what he's talking about all right like i don't know if all you guys have the algorithm that he's
talking about but this is this is a meta on on tiktok on instagram reels like any short form video
content you take let's say audio or like let's say a podcast clip you put it in the top half of the
screen but not everyone likes watching that um like that doesn't you know that's intellectually
stimulating but visually not super stimulating so underneath they'll put like a gta clip where it's
a modded map or whatever and they're just doing some stupid thing like driving down a hill and
crashing their car over and over and over but what that does is your eyes fixate on the car while your
ears fixate on the conversation and what you're left with is like a highly stimulating um piece of
content that is really good at pulling an engagement and oh my god dude i could totally see i could totally
see like they left that talking about they're totally gonna and there's like new legend of
zelda playing on the bottom the new one whatever reason is like someone fucking like ripped the entire
orville show like all the seasons and all i fucking see on my tiktok is a clip of the fucking orville
i've seen the entire orville show on tiktok through a series of clips and you know what they
fucking got me because i'll watch a clip i'm like holy shit like that actually looks interesting i'll
click the fucker's profile i'll scroll down and i'll click every single episode until i complete
the fucking episode
he completed the entire
actually would you guys take 10 out of 10 then on the likelihood by the way orville is a
fucking great show and i wish i had known that earlier it's fantastic you know what though honestly
you know what i should be doing um i've been wanting to get into video but i never really
liked posting videos of or like i didn't like the uh the concept of posting videos of just like
spaces discussion because frankly no one watches like no one watches uh people's spaces highlights at
least not like in mass but now that you say that it just clicked like why am i not why am i not
making the spaces video on top and then on bottom just have like gta oh my god that's that's so
perfect okay i'll take 10 eddie uh but yeah i will actually consider that that's brilliant and side
before before i switch you got any thoughts on that yeah uh so i was kind of wanted to throw one
last wrench in here my boomer opinion if you will so yeah audio is probably better than video but text
is better than audio and the only thing better than text is audio sped up to 1.4 times normal speed
okay so i like the ones that have subway surfers on the bottom they'll get me oh yes dude okay so we'll
have we'll have we'll have a subway surfer on the bottom we'll have to get the bike riding one the
one where the guy's on the bike and he's fucking going downhill it's the the ubisoft game i forget
the name it's uh i'll figure it out but yeah that one and on top and on top we'll have the audio in
a video like an edited spaces clip but then also have that sped up to one one point you should you
should do it even further on the but on the bottom left have the gameplay on the bottom right it's like
dogs sneezing and then at the top is the actual content
you know what honestly i am willing to use my account as a potion
literally i am i will use my account as an experimental place to test out what is the best way
to transmit spaces video content in the most aggressively engagement farming mechanism and
this is legit the actual psyop that ben wanted all along i'm not gonna lie this is a really good
idea and i'm like like i'm i'm proud of you i think you should take it and run with it before
everyone else does but honestly i might spend the weekend trying to figure out how to make that
possible would you be using ai or would you be using existing video content uh i don't know i think
i'd be open to any like a bunch of different things i'd be open to whether that's ai facilitating it
or um or you know literally just a producer uh don't care like whatever works boo i'm not boo sorry
death you're just right next to each other yeah i was just wondering out of one to ten you and joe
and i had never got the scores wait what the likelihood the likelihood of the ads uh for the
political campaigns which i'm assuming okay eight jonah oh this is gonna work but actually what you
need what you need is the only way to do this for real is to get trump the trump ai videos of trump
playing minecraft and then having ronda santa's ad at the top
that's brilliant oh my god like it's like a video game fails like joe biden is like the player he has
like the headset we actually if we need to get ronda santa's ai playing a game because like all right
honestly political video game content is gonna fucking moon for the next year because now now
there are gamers who like actually have bank accounts and understand the world and so they
are way more likely to like understand if there's a mod of ronda santa's in gta as he has to like kill
franklin or whatever or he has to kill like uh trevor then like anything else there's gonna be a trump
meme like get rid of that yes haircut and get some bitches on your dick i can see it literally straight
from gta well you know well by the way i'm gonna call them ron de sanctimonious
before but wow that's amazing before we do the hard swap on topics i i do have to throw things over
to the milady on stage haiku milady what is on your mind i know you've been cooking for the last few
minutes uh i'm sure that the audience is ready ready for whatever you've got to say
please talk about anything but bitcoin and ordinals it is so so boring also
be careful of profits she should not be trusted i saw she was a co-host recently not a good idea and
fidgetle well enough said about fidgetle i always thought he was an i also saw you had this person
named mika on recentee mika is a poser too and plays a character wonder which influencer will be
next it'll be me i'm a scammer and i'm just gonna tell you that's the ultimate psyop
haiku i have a bitcoin milady um by the way his name's official is shalom shalomi
okay all right just just to be clear just to be clear i'd rather not discuss uh the fidgetle
situation tonight which is an unfortunate situation because you can't uh mute me uh shalomi shalomi
did legal bad kuro very unhappy not get paid goodie forge signatures supposedly
mario navfall bot criminal espionage something solved
and that's that okay great let's move on now i've i'm serious i'd actually rather not discuss
that tonight i know that this is the last thing i'm posting i just found out
no it's not no i mean like honestly just to be straight with you guys that if i made a space on
that would probably pop off uh but yeah i'm not interested do it because he's your employer
actually no i i've not been paid anything from any of them in case of any federal investigation i
don't know how i was brought here probably by a third party what the fuck why wouldn't you let me
change the title i was it gave me the permission and then it went oh my god why did you see there
it goes hey yo you changed the goddamn title you're a menace just like leave it up for five minutes just
leave it up for five minutes and just keep going yeah you're fucking wild okay no no and he's about
to get fired i i'm actually i literally will not have any reprimand look at the numbers they're skyrocketing
come on leave it up uh oh yeah i'm sure i'm sure it went down like two um i actually am like sure
that that would perform well but at the same time i literally like that's just not something i super
want to comment on um if you were interested in it you could just go check out literally their twitter
accounts and there's plenty of stuff there to to um feed your fit you know i'm gonna say don't
fucking lie you're gonna say you were gonna wear your fetish after saying you you know how to toss
a salad like no shut up no it's just that this is literally okay i will comment on this um i've been
aware of the situation for the better part of the last like two months um and it's been a drain and i
would rather just not not deal with it like that i you know the amount of times that i've said uh i'm
not gonna ask questions i just don't want to know your lawyer is the job to know
no it's not and that's not watch is it is it the job of a lawyer to know or is it the job no i mean
it's possible for a lawyer but you don't have to do shit exactly just get paid fucking 1200 an
hour and say you did something bro an hour he's not he's not like uh an intern at the sec going to
a fucking law firm right here's the thing i here's a god damn he is a glass cannon lawyer
where he's going to become a digital asset lawyer where like normal normally like super
no yeah like yeah like no but it's going to become massive because what's going to happen
is like he's going to intern at some like bergdorf and goodman llc or some whatever
fucking law firm it's called right and he's he's going to intern he's an intern and they're
going to get like the fucking weirdest criminal like oody with ordinals apparently like apparently
cursed images as a securities fraud or something and they'll be like who we have no one at the
firm who can take this case and eddie's gonna be like i i happen to know this and he's gonna make
fucking partner in like one case i'm telling you he's glad he's a glass i mean i'd fuck with that
i'm wishing eddie the best you know i hope he uh you know does a fucking class action and bangs his
first 10 milli in a year or something you know fuck it he's looking for the harvey weinstein of
crypto oh my god eddie you don't want to be a lawyer trust me you can make a lot more money
what you should do is go the john grisham route just write about fake law no no little book about
being a web sir have you not seen the newest bmw only a lawyer can afford it every lawyer drives a bmw
i don't know why the fuck that is but every lawyer in fucking boca drives a bmw
well no i've read john grisham books you gotta work we can prove this we can prove this wajda
what car do you drive i do not drive a bmw i fucking told you the point the uh the amount
of legal knowledge that just went through this space is amazing um yeah none of that
shit actually happens by the way that's all fake which part being a lawyer is being a lawyer is about
uh reading paperwork and then writing more paperwork and then reading more paperwork and then
filing that paperwork and then reading more paperwork and writing more paperwork and sitting
in your office for nine hours and then don't pass the bar and become like a business executive
see i well i want to pass yeah but but here's the thing you don't have to like actually do work you
just need to pass law school like head up vice president of whatever the fuck dot com and just
fucking roll on that check because all you're gonna do is like everyone who goes to business school
they're just there for networking but they never actually went to law school so they have no
understanding of contract law and so you're just gonna earn bonuses on contract
basic contract law and i've been like genius shit like figured out simple stuff
higher congrats you just figured out my strategy it's literally exactly what i'm hoping to do
um so congrats figured it out i mean that's the right thing to do i'm not gonna lie like
you know i have a series 65 and series three but i'm using that to help myself in regards to
putting together all the corporate strategy like everything like it really is you're learning something
to utilize in a very specific execution in what you want to do you know i could easily go to jp morgan
or state street or whatever and work a desk job but like i would rather not because i have vision for
my own thing and you're utilizing the skills that you're gaining from the quote-unquote professional
realm and bringing it into a hyper niche industry in an infancy so i i think it's the right move i mean
that's not financial advice but i mean i think it's a really cool strategy eddie i got alpha for
you okay there used to be this psyop back in the day by the way real quick just real quick death i'll
let you finish but just so that you guys know no one else cares about this like no no one else cares
but that you could you could you could go on this good okay this will apply for everybody not not
just eddie um so there used to be a value city psyop so if you remember value city they used to
say it was like a shitty best buy um and when they went out of business people would start to
apply and add like tenured positions at value city because there was no one to call to check on the
resume so essentially you could either do that eddie or you could do twitter because with twitter um
with their transition period they've essentially fired everybody that previously worked there including
hr and a lot of their lawyers so if you want to say that you interned under twitter
on their law team you can use that and there's nobody to verify or you know uh unless they listen
to this recorded space that could you know uh disprove your claims and there's no one to call to uh
double check that um so you already have a work experience eddie just do the rest of your alpha and
then go perform baby jona with the with the title swap sarah what's going on good to see you tonight
good to see you too um i saw this on a like on a meme tweet account that says the gap in your resume you can
just say you signed an nda and so you can't say anything
that's amazing oh my god that's quite simpler thank you for that sierra wow i literally yeah
yeah i signed an nda it was a yeah with the government actually yeah like low-key witness
protection but i'm prepared for this job you can tell your interviewer you don't have clearance for
that knowledge you don't have clearance and they come at you with like an fbi card and they're like
actually i do um anyway i'll you know what i'll i'll ask real quick so this is this is actually the
topic that i wanted to swap to um and it's more so just because i'm curious i would have liked to hear
wob's thoughts on this but it's fine it's fine it's fine it's fine um and you know uh if we if no
one's got thoughts it's also totally fine but i'm just actually genuinely curious so today began
the day uh today was the first day of the quote-unquote comeback for oni force and i'm actually
just genuinely curious like we're we've seen oni force start to really come back um like they're
kind of having the the beginning of you know legwork in that direction pudgy penguins have clearly come
back with a vengeance and also people don't really refer to it as a comeback story but honestly
the mladies are a comeback story um i'm i'm curious like what what what has to happen
to make a nft project a comeback what what do you think are the possibilities or likelihoods of
comebacks within some of these things like do we think oni force is actually going to come back or
is it kind of just a lot of hopium i i like do you guys know what i'm talking about do you guys get
get this just as a topic it's got it's got me kind of interested and i'm curious what other projects
like you know for example i really like the kaiju kings i'd love for them to be a comeback story but
i'm just curious like what has to happen for comebacks like this to happen um i guess i'll ask
jonah first put you on the spot i'm curious what do you think what do you think about this stuff
uh say it again
oh my gosh i'll take it yeah go for it
um no oh um i think like for oni force and um and pudgy penguins it's just a clear focused
leader um with a business plan for goals that they want to achieve um and i feel like star lordy or
henry for oni force and then um luca are just like achieving those goals um milady's is certainly a
comeback story as well although i'm not sure like about that um community but um yeah i i don't know
i i definitely regret selling my oni force um so yeah but i mean they had like one of the best
discords in the very beginning like best storytelling best like place to hang out and
play games and and that was like when things were still kind of like locked down and there was nothing
really to do um so yeah i think clear for the leadership i've seen tweets that are like your
2021 nft or 2020 nft is dead and dying it's never coming back it's gone good good luck nerd like
the what's it called the koalas do you guys remember those koalas like the the super like
the top secret ninja koalas or whatever those are dead um what else gutter cat gangs quickly dying
like i a lot of people are looking at a lot of these especially 2021 nfts and they're like well
they're officially dead officially dying and i'm i'm just curious like what does it actually take
for one of these things to come back and and how are these some of these comebacks working out i'm
going to toss to begin first yeah so i mean watching the pudgy thing was definitely pretty
surprising that what luke has been able to do and you know super impressed and i think it definitely
reframes a lot of our minds about what the comeback could be one thing i wonder with the oni force thing
though is like i mean pudgy penguins they're selling some kid toys and you know making cute stuff doing
gifts that's great the pudgies are they're cute enough right they're not like amazingly unique right
but like they're they're cute enough and there's something oni force it was like okay it's early anime
but then when azuki came out and all the others came out it they just looked so much better like
the base oni force i always call them ketchup and mustard because every other one is like just
bad in my mind so i don't know if the ip is like that worth saving that much so i think they gotta
like you know clean up a bunch more stuff about like the original collection because it doesn't feel
like worth owning to me although like the new marketing stuff coming out does look higher quality so
that's all new marketing stuff looks really good actually um though i don't know i mean it doesn't
feel i don't know what they're doing outside like i don't know explicitly what they're doing because
i've not been tracking them too closely i'm not going to say they're not doing anything i just i don't
know i've heard rumors about crunchyroll come back while what the hell i've heard rumors about crunchyroll i
don't know what exactly is happening there it fascinates me but i'm just like okay the pudgies is clear
right like obviously people really like luca and frankly i think that's with merit like i think
what luca is doing is solid and i like the way he's thinking about things so i personally i get it
i get it but is it is that what it takes like do you have to one have luca level founder uh not founder
luca level person take over the project and then also two people often forget like the pudgy penguins
it wasn't just luca it was also that the holders the previous holders of the pudgies were rich like
there there were a lot of the crypto twitter guys there are a lot of like big name crypto twitter
maniacs with lots of like deep pockets of eth bags i don't know cypher what do you think
so three pieces uh we're in what i would call a very diluted market state basically low demand also low
supply because most of us who are holding stuff don't want to sell it so we've reached kind of an
equilibrium point so it doesn't take much to push us away from that and we have i in my opinion these
are hypothetical theoretical whatever you want to call them uh we have two effects that come into play
socially the first being if you've ever been to a party i know we're all in nfts and bitcoin and
whatever else so you know if you've ever been to a party you've seen people form into these circles or
groups and very rarely do you see people who bounce between them other than eddie because he's awesome
so you have this kind of an insular effect where communities have isolated themselves i mean other
than wab how many penguins do you guys talk to on a regular basis and then it's compounded when you start
looking at social media where the algorithm is designed to create an in-group and keep you
looking at that in-group or the people you absolutely hate instead of interacting with the
people you're likely to find some common ground with i mean i'm a good example i'm just a grouchy
developer who does bitcoin stuff some of you probably wouldn't associate with me normally if eddie
didn't pull me in here so i think all it takes is that first push whether you consider that uh opening
up a circle so now there's room for people to walk into it at a party or if that's uh somebody makes
a post outside of the standard in-group for a collection and now there's a reason for people
to see that the algorithm freaks out it tries to find a new in-group you know recalculate a little bit
and i think with a fully diluted market that's enough to drastically shift the prices any shift
in price sends people into a frenzy and obviously that changes how the game works temporarily
by the way let me just say real quick when it comes to like resetting your algorithm of sorts
and getting involved in different in-groups and whatnot um this is something like i i appreciate
you for bringing it up uh it is something i actually do try and do pretty aggressively and i like the
first time i really tried to do it i want to say was um early spring of last year when it came to
solana like i was very very adamant about looking for solana uh activists if you want to call it that
people that were actively using solana and trying to get involved with that community and see what
the hell was going on and i started doing that in in spring but it was like you actively have to try
and do it it doesn't like it doesn't passively happen if you sit and just like engage in the same
way that you use twitter you have to go and find those users make sure that you follow all of them so
that you you show twitter like hey uh this is who i want to hear from and then you have to like force
literally force like posts on their on all their profiles so you start getting promoted that and
you have to do it aggressively for like three to four days straight before your before your uh your
algorithm will start showing you it aggressively and also here's what i'll say if you guys actually
want to know like who are the foremost thoughts or former foremost leaders on ordinals that aren't
say bit god or oody or trevor um boo and cypher here are two of my actual favorites
no like seriously follow both of them and turn on notifications because while their accounts aren't
the biggest and while you might not always you know they might not be the first people that you
think of when it comes to ordinals they're just as qualified and just as understanding if not more so
than anyone else that you're going to be seeing on the timeline talking about them
so if you want to actually know what the hell's happening follow them too seriously that's not
like that's not a shill it's like it's literally where i would go so but yeah it's it's just fascinating
um especially watching some of these older like what would be another project that you guys think
is kind of i don't know flying under the radar wait can i pitch in real quick yeah yeah yeah
okay i wanted to say anybody wanting to get into ordinals whether it's like tech or support or
whatever just dm me bro join my discord like at me add me on discord whatever any questions you
have just let me know i'm here to onboard everybody i've been doing that for the past four months and
it's finally paying off so yeah just let me know i'm here thank you eddie of course dude boo's a real
one also wow um twitter space is definitely bugging because i've got some weird graph glares on my screen
you know fantastic you'll love to see it um no it's just it's just interesting like especially
what are we now um i think like a year and a half almost getting closer to two years removed from the
launch of a lot of bigger projects um and a lot of projects that kind of hit all the headlines back in
2021 that got all of us excited and most of them are either dead or only beginning now to finally start
the living on their on their roadmaps but maybe too little too late i don't know it's just like i
don't know what it would take for some of these projects to come back star lordy has kind of revered
in in certain circles but at the same time like it feels like it's luca or bust when it comes to uh
founders who have assumed a previously dead project and brought it to new light but let's hear from
some of the wow everyone now everyone's ready salty what's going on what's up guys since we're talking
about nft comeback you know what i really want to make a comeback is cyber kong's man i've been
waiting for cyber kong to make a comeback for so long i want it too man
cyber kong is one of my first eth nfts they hold a special place in my heart
same man same i've been in cyber kong's like like shortly after mint i bought a couple i've been holding
them for a long ass time like like early 2021 late 21 like best times in the discord thousand dollar
floor yes sir oh my god i don't like to talk about it oh i'm sorry that's wild that was literally one
of the highest floors i think we've ever seen in nfts no cyber kong's had the highest all-time
high floor of any nft pfp project ever and i held through that too because uh wait what was it
bag holder it was like 240 something i think why that was at a 4 000 each
but you were getting your bananas every day you were making yeah it was worth it we were getting like
um roughly a hundred dollars per day probably a little more depending on how much you held
something like that but it was good it was very good it was definitely more than 100 bucks today
it was it was a lot it was definitely more i just i remember nana at eight dollars and we were getting
i don't remember the exact emissions of nana per cyber kong but it was it was good money
at the time which is why nobody ever fucking sold
yeah that was literally insane like actually insane numbers were going through i remember with
alex becker it was like uh people were literally calculating how much money they were making on a
yearly basis and they were like actually if i just you know i could sell my cyber kong for eight
hundred thousand dollars or i could just hold it and make four hundred thousand dollars a year for
the rest of my life and i was like that seems questionable but that that was well to be fair
i think i gained a lot more value out of like holding it and the like and the connections and
the people that i met and like the alpha that was shared in those discord channels and like what i learned
then maybe selling at x4 price like that that kind of led me to like the type of trader that i am today
rather than just making my bag and moving on
sorry the the ui again screwed me over uh but yes yeah no i agree with you like it was just that
was a wild that was really probably the wildest time in nfts watching cyberkongs go to that floor
actually insane oh good times begin or be vegan yeah whatever i don't care uh i was gonna say
great timing though because you want to know how a project come back it's just a nice little
maybe 12 million dollar acquisition tape is coming back i remember i was in the board
of discord and they used to always say it's gonna take over it's back
wait hold on what are the vertex vertex labs bought hate for 12 million
okay um jonah what do you think about that
okay i'm here i was literally typing so like twitter doesn't work in like another box uh that's
fucking dumb pretty fucking dumb uh why why did they buy them for 12 million
no vertex labs i'm just reading it that it was protocol
i i don't know um did they did they buy themselves
the shared i don't know oh god this is like this is so dumb sharing that this makes no sense at all
these are people who who uh couldn't have apes uh ears properly go through a hat it looked clipped
but apparently it was on purpose i remember this so um i mean good for them if they got to exit
i've looked at buying nft communities i've looked at a lot i've talked to a lot actually through our
group like we actually looked at buying and i told you about this eddie and like man most of them are not
worth anything like i won't say which communities because it's not nice but like after you learn
about like their books and how much money they have actually on the balance sheet and how much
they think their company is worth you realize that it's probably cheaper to just build your own thing
from scratch and it doesn't come with a lot of community debt community debt's the worst because
some of these communities have very toxic communities that you will you like basically
you'd buy the community and they would pump to exit as quickly as possible and it would go right back
down i think everyone wants to do what pudgy penguins did and i think that was just a rare occurrence
in time i think it can still happen with some projects but you're really buying the community
aside from whatever the valuation and the assets held are and usually the community is non-existent
when they're distressed assets so you know there is a discrepancy between what the thing might
actually be valued and what they consider the value to be because they want to get a golden parachute
is there a better way to say like or to describe like buying an nft project other than community
because it's so bizarre like you're essentially buying quote unquote like a group of people who trade the
same asset or who are interested in the same asset like i just it feels like slightly icky to me to
use the word community which is like to me that's like a group of people that do things for the greater
good or whatever and this is not that necessarily like this is more like a group of people with a
shared interest in something you know and it's not like i mean i know it's like semantics but i just
feel like we're co-opting that word in like such a such a weird way but that word's always been co-opted
and always will be you know for me it is just semantics because this is this happens on the stock
market too this is not like only like nfts have figured this out there are companies who who acquire
it's called spax i mean they literally do this they will find companies and fill it so they can
buy their community and get them trading and get volume up not that i agree that spax are good in
fact most spax are not good and they've shown that they don't perform well at all but this is not like
an nft only thing where there it's like evil um but there really isn't many other there for most of
these there is no other way to assess the value of the company because one they don't actually have a
brand because they don't have any like sales or like they haven't even been around for like at
least a year and a half so they don't really have a brand they just have ip that is not a brand
just because you have ip does not mean it is brandable you know like not i not all ip is worth
something um they don't really have product or even recurring revenue like royalties are no longer
recurring revenue even then they're not very predictable because it's dependent on often hype and
so really the only thing you can value it on is like well how active is the community whether
you know whether you call that something or not um and oftentimes there is no community there and
that's why it doesn't get acquired because as you said sarah there aren't people pushing towards
a specific mission of interest it's just people who are trying to pvp each other into exiting
justin i'm curious you have any thoughts on any of this welcome to the stage hey man um yeah um
there's just not enough info to make any really sound opinion about it i don't i don't know anything
about none of us know what's going on internally there um i don't know what they've built technologically
i don't know their assets i don't know their pnl like i mean there's no one can actually give
every and 12 million is not a big acquisition generally you know and nfts it is i don't know
and nfts it for for acquiring a company yeah you should see the valuations i promise you that's
considered a lot well it's just it's not a lot it's not a lot in normal land in nft land it is a lot
what was the number again what but it doesn't matter in nft it does that doesn't matter it's a
it's a vertical it is a specific like if we're going to actually analyze a market we'll analyze
a section of the market aka pfp land which has its market and that is way above the acquisition price
of what others would even be offering to sell their communities for so yes in fact that is the case
so i don't view nfts as a vertical um at all so i guess we just differ on that point of view well
when you're acquiring things you would do a comparative analysis and the next best competitor
are other nft projects so by definition whether it's a market or not that's how you would assess it
okay so who's had the largest valuation of any company in their seed round in history
an nft brand four billion dollars so there you go yeah and you know there was also people who
you know smoke crack indoors during covet like you know i don't have to tell you that doesn't
it's like normal okay that's great jonah you're comparing a16z to crack yeah yeah that's a good one
what is that what it's not virtue signaling but that's another one where he he picks a specific
thing oh he said that oh you think a16z is so bad you fucking idiot like come on bro like it's
ridiculous it's not like there are other people who are invested not just andreason
oh my god i'm like sensing some angst uh me and me and dustin have had a long-standing
anyways let me just let me just like have a discussion jonah with eddie for a second no i'm
a co-host um so so eddie um yeah look i don't think anyone can what i was saying before i don't think
anyone can really evaluate whether this is a good deal or not just because none of us are privy to
just anything internal to the deal so like there's you know it's really difficult to say
i know they have some like they have brand deals for example i don't know like exclusivity in the
contracts i don't know the ip that they're sitting on um i looked briefly at the volume i mean you know
they overall they've had a lot of volume over the past 30 days they've had like 100 eth in volume but
that doesn't go to them right so i don't know it's it's it's difficult to say i'm not going to
say like automatically conspiracy theory that this is like uh like uh just a smoke and mirror show
because i don't have any information on that either it's not a smoke and mirror show it's a smoke and
crack show justin but um i'm kidding uh but i'm actually less so interested to be honest in hate and the
ongoing is there which fascinating by but doesn't seem like a smart one in my opinion regardless um
i'm less so interested in hate and more so interested in just generally like 2021 nft comebacks
namely obviously we've seen pudgy penguins and their pat their move over the past few days
or not few days few months um especially and then of course you know today is the beginning of the
oni force comeback tour and then another one is just people forget about it but the mladies
are a comeback story so i'm just curious like what if anything else do you think could come back
how do you feel about just generally 2021 comebacks well so interesting i actually think that you know this
quote bear market i i think macro bear but micro with nfts i'd say that it was much more of a course
correction than a bear market i think that you know let's just take ourselves outside of this
ecosystem for a second and you go to pretty much anyone you know in the general population and you
show them let's say uh an ip related to a cartoon character and say like hey you know this right now
you could sell this for two to four thousand dollars most people would say whoa really like that's a lot
of money but in our world you know people would say wow doodles is only two to three years right
and so i think that there's been a course correction that i think is super healthy like long-term
import like necessary in order for the ecosystems to survive for then more organic growth comebacks um
so with that so i would i wouldn't view a lot a lot of this is like okay people failing and then
there's a comeback but i think i would look at it more in terms of
the brands that i see building for the long term um are not the brands that in my view are being
hyped right now um two specifically one just i'm very close with their their brand lead um me bits
within yuga but i i mean what danny's doing over there is amazing and what daniel brought to the table
and gave the resources to danny is amazing and just to see what they've been building without
resources now building with resources um there's a lot of things in my view that are coming down the
pipeline with me bits that um i think are going to delight people within web3 but also people who
haven't stepped foot the other one which i most people disagree with me on this one um i think doodles
is doing it right i think if you compare a brand like doodles compared to pudgy penguins i think
doodles is building for long term much more so than i'm not saying pudgy penguins won't survive
but much more than pudgy penguins in the sense that doodles is trying to build the franchise first
and build like all of the you know brand equity around a brand and a franchise and then you know start
launching um product for a mass market rather than launch launching a character first and then
building franchise around it which is much more difficult um and so look all these anyone who's
going to survive is going to have to penetrate the 99 of the world that have yet to trade an nft
so kind of like what's hyped within our circles doesn't really matter unless it's the pure survival
of the brand to have capital in order to buy another day buy another month buy another year
in order to figure it out i think the doodles team has already figured something out
that just a lot of people within the ecosystem aren't paying attention to um but other comebacks
i don't know i mean i'm i'm pulling for the my i'm pulling for the yetis the super yetis i think
how are the cult classic there i i i think that and and and i we'll see what happens though
how you feel about the wassies um i i actually the i never really actually got super involved in that
community did you oh you did early on huh me no no no i i never i'm only blocked by a wassee a very
famous one um but no i i don't i never got super
hi hi charlie good good evening i was talking to you in a while how you been
i good what's going on nothing i just saw the title it says a 2021 nft comeback what you think some of the
the 2021 uh nfts are going to make a comeback you know what harry i like this energy let's roll with
this for a second um well some have some have uh particularly the pudgies and of course we're
looking at the the only force as a possible runner-up to do so and then my ladies also have done so as
well and we're also looking at a few others like doodles may or may not be on that path we'll have to
see but yeah that's kind of the topic right now what's on what's on your mind yeah that's it really
i mean at this point due to how stagnant everything has been the crypto markets nft markets just just
the world markets in general um any sort of buzz at the minute would help with a little short-term
rally little short short-term rallies here and there is what we'd need to sort of boost our portfolios
but we need to know when to pull out obviously because you know you not know when to pull out is
what they bank on so you need to obviously time that well that's it that's that's why it's that's
what my take on that is um hopefully if like you said if if this is true hopefully i can get in early
on it and catch some of it i mean i saw the okay so the other day we had uh we had one of the
the creators of erc 6551 on which is the um that's the protocol that allows for nfts themselves
to basically have their own wallets excuse me from and and he was like just so that you guys
know crypto kitties are actively making a comeback and i'd seen crypto kitties pop across
my timeline like two or three times that day and i was like okay i don't know what's happening here
but maybe he's right i don't know but i feel like some nfts might be actually making some comebacks
here it's fascinating what what ones would you what ones would you recommend me to go and have a look at
what ones ah i don't know i mean like there's it's tough right i still like the kaijus but i'm
curious if they're actually gonna be able to like do things that actually make people excited
we'll see like i think they're good but i don't know if they're they're great at like making people
actually excited the one i am very interested in like actually beginning to get more and more
interested in honestly is the wassies because i know that they're what they called wassy how's it
how's it spelled w-a-s-s-i-e-s they're like ducks it's from loom lock i think wait i thought they're
duck-billed platypuses uh yeah wassies yeah wassies yeah all right i'll have a look at them as well
well because the reason being like everyone a lot of people forget with the pudgies that the pudgies
do did so well because okay so you had to put the board apes popped off and um and after the board
it popped off like crypto twitter a lot of the defy guys were like we want to make money so our thing
and the next best thing after after board apes quickly became the pudgies so that's where a lot
of money filtered and that's why you had a lot of like deep wallets from some of the defy guys there
but but now like the only other one that i can think of that hits like an entirely different
sector of people with deep pockets that hasn't yet pumped is wassies yeah okay wassies i've noted it
down i'll just have a look i'm making cheeseburgers wait eddie you uh you mentioned crypto kitties
comeback are they still owned by dapper are they i i mean that's yeah that's you i mean that's that's
you built them yeah dapper labs i think i think they are i think they are oh that's interesting
um the other thing that's interesting about them and several other nft projects and non-nft with
niantic and peridot there's kind of like this like digital tamagotchi like trend i'm noticing you know
which kind of i mean you could you could say the crypto kitties are kind of like the the og version of
that which is interesting if they are making a comeback there well i guess we're gonna have to
see also i'm sure you guys can hear that my voice is quickly devolving so you know what i think we're
just do us all a favor and wrap this one like 15 minutes early but i think we're in i think we're
in like yeah i don't know why my voice is just giving up on me i need water but i don't know it's
we're in a weird situation so i guess like wrap my thoughts on the space that we had
one it's clear that the next year and a half is going to be politics x something like in terms
of whatever is going to perform best on twitter if it's bitcoin related it'll be how bitcoin relates
to to politics if it's nft related it's our nft securities as determined by these political stances
like i feel like politics is going to infiltrate every aspect of twitter and discussion and just
about literally everything for like the next year and a half starting basically today jonah you have
a thought on that do you agree with that yeah i've always thought that and uh this will be a more
right-leaning platform so if you don't like that then twitter you're not going to enjoy twitter
and uh that that's for a number of reasons one the democrats don't support crypto they've made
it clear that their stance is an anti-crypto republicans have largely chosen that they're
pro-crypto so if you're a single you know opinion or single subject voter you're gonna have to vote
republican and that'll coincide with twitter and uh yeah i think if you are more conservative to
closer to right-leaning you're gonna have significantly better engagement on this platform than if you were more
liberal such as tick tock youtube and twitch
that's really interesting i think that's where things are going at least at least for the next
year and a half and then beyond that speaking of nft projects i would i would just say it seems like
there's growing trend around consolidation into projects of people's interest because there's
there's not so much new projects that i've got in people's eye especially as of late like name name
a new nft project on eath that's taken off in the last three months name one i can't think of one so
but i got one i got one i got one you got one yeah yeah it was on it was unordinals it took
off on eve because they burnt on ordinals so nice okay
so you cheated okay all right fair enough so yeah like nothing basically and it was like mad
lads was the only thing on solana so everyone is kind of like consolidating and moving around
pre-existing communities and it's like all right well what are we gonna look at and then might as
well look at things that are old because at least they're still potentially alive so i guess
it's just like it's fascinating we're hitting a weird part in crypto twitter in my opinion i think
i think this summer is going to be a cold one honestly wait eddie but there's something that
you're talking about 2021 and pre-merge so last night leaf myself zk shark and others uh went into the
rabbit hole of the proof of work ethereum blockchain and the pre-merge blockchain and there's
activity there there's layer two
it's it's the beatles i've been i've been talking no no it's beyond beatles so check this out this is
the massive discovery well it's not discovery it was we all expected it would be there but we never
like went through that like portal um and and we entered the portal last night so i decided to connect
one of my wallets to yayasi which is the clone complete clone of open sea but in chinese where you can buy
these beetles that are on proof of work not financial advice whatsoever um just bridging
is just wild um but um i connected one of my wallets and you know what appeared goblins that i had
sold post-merge so all of our post-merge sales are still preserved in our wallets in their pre-merge
form you sold a board ape you still have a board on proof of work you sold a doodle you still have
a doodle uh uh pre uh merge you didn't sell you now have two you have your carbon copy and your newly uh
post-merge edition if this becomes the new historical meta there are going to be a lot of new wealthy
people out there gross i hope i i really hope that doesn't become a meta that would be the most
annoying and frustrating meta if that were to happen i would not want that i really wouldn't
yeah no i'm joking about the financial stuff but it is kind of fascinating just to like
go into wallets and see oh wait a second like there's like the the pre-merge like proof of work
nfts are still there even if um you know the post-merge ones were transacted on you can still
see them right yeah yeah you can see them they point to the same ipfs yeah yeah what a world
what a world we're we're definitely we're we've definitely quickly become archaeologists of blockchain
again all of us it seems definitely don't deserve to be though i don't i don't think we should put
away our shovels just move on it's like of all the things you could be in this world you're really
gonna become a blockchain archaeologist really really can you imagine the the digital archaeologist in
100 years from now studying us like they might think that we were all we were all committed to some
sort of digital asylum and like it's it's and we're and and now we're we're running i mean we literally
were covet 19 made everyone sit on clubhouse and it was like basically you ever sit in a room and
you get so bored you start like i've never had this but i'm saying if you sit in the room and there's
nothing to do you start seeing shit like that's what happened and then clubhouse was just basically
a projection of our insanity and some people never let that go and that's twitter yeah we are
the future version of one flew over the cuckoo's nest you know like i don't know if people have
watched it's like like now like a classic movie i actually i don't know if i've seen it i think i
probably have jack uh jack nicholas in place the the crazy lead character i'm trying to think is that
alex is that thread guy i think he was quite loud in that movie so i think we have some leading actors
to fill that well don't worry after this space i'm going to enjoy whatever the drama is on leap space and
indulge in my greatest fantasies which is um shot and fried
yeah i don't know what that drama is um yes you do there's always
i i actually as pertains specifically to leap i don't oh basically uh
there's new leap no no it's more like leap is like talking about the drama because i guess
um one individual who is obviously in distress you know i feel bad for this person who's in
distress who hasn't been paid said that there's been no you know there's no one here for him and
i guess leap didn't answer one of the dms related to that i don't know whole thing you know um
enjoyable high school stuff it's fun sorry man i was gonna ask one more question uh do you know any
good ai drawing programs or any good ai art programs that could that are good for generating art
mid-journey besides mid-journey besides mid-journey all the obvious ones there's some gates that use
stable diffusion that's like mid-journey but freer and it's pretty optimized runway
yeah i have to look into that what runway ml and what else
uh anything that uses stable diffusion stable diffusion yeah nice nice for ai that's mainly
it and yeah um oh yeah go on go sorry sorry may i cut you off there actually no no you're good it's
just uh and then yeah other than that guys i you know i think it's just it's just like
you gotta figure out something here all right because where it stands today in the world of
crypto twitter it seems like it seems like the only thing that people seem to care about at least for
like the last four four weeks have or longer like eight weeks really are just garbage coins which
are useless and i hate talking about those um yeah uh shit coin season finally yeah you're
going to an end pop of the last nftc no it's not it's not even coming the ben spaces are popping
off like dude it's not even close to being at the end so uh we it just has to be like the final like
ben has to be the final one i think it's not no i think there's gonna be more i think it's just too
there's too much it's so long it's like it's like the greatest it's like the best of gambling and
conversation so it's gonna go on for a little bit longer um well i think you have to come to a
decision of around you know i i don't think i don't think we're gonna be in a in a situation
here where people can unless you're you're an art right like proof or something or you're in bitcoin
i don't think there's gonna be a world where you can just talk about nfts all day and have that be
an interesting point of conversation i think it's a slowly dying thing in terms of a spaces conversation
and you have to choose either one do you want to be like a news sort of spaces like what mario
naufel does not just politics but just everything generally or do you guys like it uh he's all right
i mean it's okay well i mean um a lot of the spaces i'm involved in i'm i'm in there with quite a lot of
the troll spaces and quite friendly with them and uh obviously that they've got beef with people like
mario naufel they they bring mario naufel comes in occasionally like they bring him into the group
chat sometimes they sometimes go over there talk to him on the spaces but there's a bit of beef
between that side and outside sort of yeah i'm just i'm just saying you're gonna have to make a choice
either you do something more and i'll fall but make it more like not uh mario naufel or you're gonna
have to pick a specific topic that has a large enough market where you do have new things to talk
about on a day-to-day basis you know i obviously you know i'm i have my corner of the world but
you're gonna have to figure that out and you know i think a lot of people here uh you're gonna find
out that their true first principle isn't nfts but they just like high risk trading and there's plenty
of that many other sectors um that aren't just nft so if they die they're gonna switch over to stock
conversation or some other crazy thing you know what uh you know what stocks to look out for now
at the minute do you know what to look out for so i don't you should i tell you what
i don't i don't know if i want to dive into like stock talk i'll quickly tell you look out for
precious metals are gonna make a big uh make gonna blow soon boron so b-o-r-o-a-n a b-o-r-o-n
yeah yeah boron because because it's 2023 turkey turkey's independent turkey's independent they now
have access to all of their resources or they're going to and turkey's got most of the world boron
sources so boron is going to probably fly and also um chinese corn syrup chinese corn syrup so see but
this is what i'm talking about eddie like this is like if and like the reality is that nfts i agree with
justin very seldomly but i do that nft should not be viewed as its own market but they currently are
that's why i price them accordingly it's a subsection of crypto just like these ones but
it's such a niche subsection and i think you're seeing that evidence to that which is like meme
coins scale better than nfts on a entertainment basis not on a collecting basis i think nfts are
way more important but on a on a entertainment basis they do substantially scale better um
and you you're just gonna have to pick things that have higher volume in conversation and i think
i don't i don't see a world where you can just have an nft show unless you do it as vod i just i
don't unless you're like a high art collector in fact there's a guy that collects a bunch of stuff
not just nfts and he's like a collectible show guy and he does a vod and he's like the collectible guru
and he collects everything including nfts and there's a huge market for just like collectible
content of course of course and it's it's fascinating because you're seeing drop off across the board
it's like literally every single and like any every single web 3 specific show i guess you would say
is experience considerable considerable drop off but i i wouldn't i don't think you're seeing that
across the board in terms of all all content the space alive doesn't it all this nft drama keeps
the space alive obviously i've contributed to it by trolling people getting into getting into
arguments with people here and there and then it's fun it's all fun and games because we're all adults
we're all adults and we should be able to take the piss out of each other because we are grown
adults probably at the end there and i know like for example with canter like canter has been saying
for a minute that like he believes that we're going to be seeing you know at least for in the short term
an nft pop off where they actually you know start to blow up a little bit for the next month month
two months three months whatever it is um but then experience like severe depression and i know
that gainzy and and a lot of like serious really good traders echo the similar sentiments cancer you
got a thought there yeah i'll make it quick because i do have to finish this fucking contract um that is
what being a lawyer is i'm not even a fucking lawyer and i'm doing contracts um yeah so go to the
block.co go to dap radar um very very easy way to tell uh if you look at the ethereum mints per date
on the one month and three month uh charts you and it's free uh you don't have to use like the pro or
anything uh you'll see that we currently made a breakout of a resistance we've had for a month and
a half of the amount of new mints happening in terms of successful mints um as well as the amount
of traders that are on open scene blur for both the daily and weekly have been increasing over the
past couple of weeks um i think psychologically what a lot of large traders are doing especially
like automated market makers and uh people utilizing like bots with like funds because there are nft funds
there's not a lot of them but there are i i do know of people who literally have limited partnerships
that only trade nfts um and you know what i'm feeling like is it's all about psychology at the
end of the day like we can talk about resistances and supports and all this other shit but the end of
the day people are psychologically and emotionally driven i think once you have over a hundred thousand
uh weekly traders on open sea on ethereum just straight up ethereum a hundred thousand traders
i think people are going to say okay there's a little bit more movement here and then eventually
it's going to come down to how high does it get on the daily right like will we see 50 000 traders a
unique traders a day on open sea will be a hundred thousand jobs whatever it is when people start to see
that much more activity and that ultimately will increase the liquidity that's being traded which means that
when people go on to open sea and blur they're going to see the trending areas and they're going
to see on the hourly and the and the 24 hour and yada yada they're going to see much bigger numbers
so when those larger numbers go people are going to start paying attention right but ultimately like
that that is short term oh yeah i don't see this lasting more than two months right like i think this
i think liquidity from meme coins pepe then psyop yada yada i think it's starting to be
moved into defined nfts um whether or not that ends up going one or the other or both at the
same time and how long it lasts i've absolutely no idea and it's not financial advice it's just kind
of what the analytics are showing is where the liquidity is going and also the other thing i was
going to say this will be my last piece is um when you look for really large consistent sales like
sotheby's and christy's and other really large sales like that punk that just went for 174 like
when you're in a market like this and you're seeing consistent back-to-back sales someone has
to know something because you would not be purchasing uh a one million dollar a five hundred thousand
dollar fidenza right now if there was no reason to do it yeah i just i just think that uh once that
light goes out it's especially from like uh you know from the content side of things it'll be just as
bad like once once general interest fades the last thing people are going to want to talk about or listen
to it's gonna be the same audio or like similar similar types of audio around things that are
dying yeah i think crypto will see a double bottom macro and i think traditional finance will find a
new bottom when you say a double bottom are you saying like 16 000 bitcoin yeah roughly damn i think
because because crypto and everything and i don't want to go on forever because i know begin has his hand
up and and so forth but the reason i feel that way and the reason my mentors feel that way too
is just the fact of the matter is there is one more leg down on a macroeconomic perspective we all
know it we all know people are bearish on the dollar we all know everyone thinks that some
shit's about to hit the fan there's various industries whether it's treasuries or mortgages or
anything there's all negative signs around so there's going to be another leg down in the traditional
market why i don't think there will be a lower low and it'll be a double bottom for crypto is because
i think crypto when another black swan event happens i think people are going to say fuck
this there's nothing even to touch anymore like if we're bearish on the dollar where else is there to
go and i think people will end up saying you know what i'm going to double down put it all on black
and basically go with risk assets because it's the only thing that's going to be able to keep up to
either a be enough of a gamble because you're fucked no matter what you have except for generalized
large assets like rare land and rare materials and food and water and resources people are going
to go for super hard risk shit because they're going to say i have nothing else to lose like i'm
fucked if i go in a blue chip and i'm fucked if i go in crypto so i might as well just go with the
thing with the highest return and i think people are going to say i truly now see a purpose in crypto
as a decentralized hold of value because at the end of the day if the dollar loses confidence and we go
down to a double a and god forbid we go down to an a rating on treasuries people are not going to
know what the fuck to do and i think that crypto is kind of the whole purpose of bitcoin being created
back in the day was for an event like this begin you have a thought no sorry this conversation is
too smart for me i was going to talk about content with jonah you know but no no you should that's what i
prefer yeah that's actually no i like i don't know i'm just i'm just not i'm just not smart enough
to know what you're saying i'm i'm chat chipping as fast as i can begin just just to be clear just
to be clear sorry well like all that to say all that to say the reason why i asked cancer is because
i know cancer would talk on the market and the market and the market like when the market is super
frothy the discussion surrounding it is equally frothy and when it's super dead the market the
discussion surrounding it is also super dead barring like crazy crazy drama that brings people in and
the reason why i ask is like if we are going to be double bottoming especially if we do so like
moderately slowly that's just going to be a super dead market and i just i just see i i just
it's going to be quick oh okay well for the day or for like the week that it happens it'll be
it'll be great conversation but like outside of that like if you're in my position right and like
you want to make sure that you're able to constantly have something that's like fairly interesting to talk
about that does not seem like creating creating conversations surrounding something that's going to
go basically dead for like six months at a time seems rough you know what i mean i don't think
it'll be that i think i think it'll be like at most a month six weeks and then i think crypto enters
bull market cycle truly what year maybe five no no no no like i think we go down heavy as
fuck the end of the year and then i think 2024 is gonna be mega bull because again i think crypto is
also gonna be a very contested subject in the political spectrum massive i think it's gonna
be brought up in all ron de santa said if he's president there won't be a cbdc
well i mean cbd we could go on forever and i know eddie's about to kill us because he probably needs
like halls cough drops and shit but no you're good honestly yeah i'm gonna i i need to like set a few
topics for me to research in depth such i could talk talk about them in depth one of which you
need cbdc just go to cbdctracker.org and it has all the pilot programs and all of what's happening
with cbdc's in every single country and where it's going i mean that because i need to like fully
research that i need to have like very in-depth knowledge on that because that that is going to be
a talking point um and something i actually personally am interested in so send me whatever you
think is going to be like reasonably relevant send me so i can do research on it because i'll tell you
one thing people especially space in the space just do not do any research like they i i did like i
did some level of research on blur and perpetual loans and people were like this guy is an expert
he needs to be on our space talking about this because he knows what he's talking about it's like
i did i did like a base level of research here um i read the white paper and people are like yep
this guy's know-it-all wow you finished a whole white paper that's more than like 99 of us i know
right and then that's um so i need that's what i need to do um and then i need to take all that
and i need to put it on a tick tock and on the bottom half i need to have gta 5
oh boy begin you had a thought on the content before i wrap things yeah i was gonna just maybe
say one thing about i'm like scaling up uh coin communities versus like nfc communities and i do
agree like in the beginning it's definitely easier to scale up a coin community initially to a larger
size simply because it's easier to get in right it's so easy to say okay you see it all time i'm
putting 15 in let me go and then at the same time it's also easier to pump those things so i think
there's a lot more incentive to be in these spaces everyone's like i'm in the space we're in the
space it's going up we're pumping it we're doing it but at the same time right those topics are only
interesting when it's euphoria and it's pumping so they have the higher peak but they will have
a harder time maintaining good conversations over time right those spaces weren't happening every
single week just like okay don't you know still believe i'm he waiting for that elon tweet
so i mean up fast but and that doesn't necessarily um last the longest so that's all i was going to
say earlier thanks yeah no don't get me wrong like the ben conversation will die out uh the pepe
conversation will die out but like the that is around a greater conversation of just generally
meme coins um and the meme coin conversation will last way longer than any specific meme coin
but of course that may eventually die out as well in the same way that like general nft conversation
is currently i just think that you need to like i think that the best people you either get two
choices you need to run a media network like a rug radio and have yourself seated like a faroq or
no more enough all where it's not really about what you know but the guests that you bring on that's one
way and you just are very good at that and you scale it or you are an expert in a specific niche and you
dominate it like for me it's gaming because like i know the volumes of web 2 i know enough about both
and nobody else wants to tackle it on twitter in our whole certain bubble so like easy for me to take
um you you need to find something either that like that or you need to scale it as like
the ultimate interviewer of guests yeah and i think i think honestly with you and i guess
so we're workshopping for like another minute or two um there is there is like potentially
something that's going on on the back end um talking with someone that that's looking to i
think put together something like that tomorrow we'll see i'll talk with them and see what's going
on but i think at least for myself and correct me if i'm wrong but at least i and i think you've got
a good pulse on this you guys i think trying to lean more into the latter concept where it was
trying to be more of like um an expert in a niche or like maybe up to two niches is kind of better
than at least for me specifically then like i probably especially with my account where it is
do not have the pull to be like all right i'm gonna go and get like you know freaking
like name name x political advisor on this space like mario and all falcon well so there's there's
another reason though it's not just about poll it's about dollar value so like if you're gonna make this
into a business where you make money either you have amazing curation and scale so you can drum up
guests that you can sell against and that's not the easiest thing but people can do it or you're highly
targeted and even if like my metrics are lower compared to everyone else's but my my targeting
of users is far superior than most because i've claimed uh a subset of the crypto market which is
gaming and there's only maybe 10 other people who create content around that or even making content
that is sellable and so like yes those same deals will go to the curators but there will always be
allocation for me or for someone like me it doesn't have to be me i'm just making an example
where a game or someone trying to appeal to the gaming market will spend dollars to activate so long
as i have a certain threshold of users who follow what i do and so the best thing to do is scale
from a niche so if you're like very good in legal right if you're very good in legal then you probably
can take out a few other niches and slowly scale it into a larger thing same thing with gaming same
thing with finance those are three that have enough interest that you can scale out of a niche but if you
never scale out of a niche and you just make good money that's pretty good as well and music yeah music
yes but music is a lot harder for because like trust me yeah if you're making content on music
like it's you need to either be really good at remixing music be really good at music business
which doesn't perform well on youtube or twitter that's like more like billboard type stuff or you
need to be in the manager business of many artists and it's just hard to make content on but if you are
good at it yeah you make you make all the money yeah what i've noticed is experiential type
of things are are what music is done best with i mean there's a reason like a large majority of
the money made is from live performances um it's all experiential you know
or or hear me out i'll just get into sports betting and we'll just go from there i feel like
that's probably yeah i think that's probably no absolutely not dude no shit you will not see me
being a sports betting chiller like there's a lot of money in it dude i know i was if you're really
good at sports like the sports betting sponsors they pay big money oh i i'm aware i have a friend
um who works as an alpha caller for a discord um and has recently begun doing sports betting calls
and he's very very small time and the amount of like the volume that he uses is small time
i would say every weekend there's less than like let's say thirty thousand dollars um out of his own
pocket uh on you know on the platform whatever sports betting platform he's using okay well he's
using rollbit and rollbit has like a 10 kickback or something like that um so if you lose a hundred
dollars he'll give you ten dollars i think if you use like a certain referral code or whatever
and that also you like whoever referred you also gets i think like a ten percent kickback as well
on other people's losses so this person who's very small time probably again has like no more than
let's say like thirty thousand dollars up for grabs each weekend um already in less than a month has
around three thousand dollars and kickback okay and i was like that seems pretty ridiculous like
that's a lot of money for someone that's got you know kind of small size like 30 grand a weekend like
when i that's small people have like millions and he's got you know maybe like 30 grand i was like
that's kind of nuts and then i found out that gainzy accounts for like 60 of the rollbit referral
rewards gainzy is probably making two to four million dollars a month off of rollbit just like
as a referral no way i i swear to god i think he's actually pulling that much in revenue or profit i
like i think he himself in terms of revenue profit like to profit like rewards that go to him is in
excess of like one and a half to two million dollars but then that means he would be trading
like 12 million dollars a month he has to do nothing his audience is very large but but they
may have a special contract for him though because like certain companies sometimes like if you are too
good they'll just give you a direct contract where they're just paying you directly rather than your
performance because if your performance performance is too good it actually eats into the revenue so
like they may just be paying him a you know 500 000 to 1 million a month like on a yearly basis or
something and like where he just gets guaranteed money no matter what he posts because he just
draws in that kind of crowd him they also may give him give him a line that's just insane like
like any credit line he needs to like place bets he also may like the amount of benefit he probably
also gets tickets to any game he wants in person like he's going to be getting a lot of different things
but ultimately we're talking like probably a million a month at least you should see the
the people at stake they were paying um train wrecks uh he's made about 400 million two to 400 million
from his yeah it's a big business that's why like yeah oh yeah dude he he's probably a secret
billionaire he just can't say it because you know girl you're talking about he's making more money
than this than the new ceo of fucking uh blizzard people don't understand how much money that gambling
actually makes and if you're like the ultimate funnel to a gamble like the money is insane
he is literally 60 of the referral yeah the dude the dude is probably making throughout the deal at
least 10 million dollars like at least
enough money enough money where retiring is not like
out of the question if he wanted to just fuck around and find out
which that's gainsy i think that's what he does anyway to be honest that's crazy dude
like all you don't even have to be amazing at picks just like hilariously funny as you do your picks
sports and that's it you could get into gambling content i mean like it's not hard
no i i don't think it's for me to be honest like i i don't i'm not that interested in enough sports
i'm interested in like football and formula one formula one has a massive gambling market
i know they do you're you're one you're one unethical video away from being rich just
he's trying to make a hundred thousand a month not a hundred million and you can and you could
not that greedy you could
this could be you but you're tripping i'm actually curious hold on real quick while we still have
an audience of any size here um if you guys can can help me out give me i'm curious if i if i told
you if i told you where to place a bet on a formula one race with yes or no thumbs up would you would
you listen thumbs down thumbs up i'm just curious i'm seeing literally nothing from the audience oh
okay boo and canter are like let's go that's hilarious um eddie i'll follow your calls of my
life no i don't don't do that definitely don't do that teach me teach me how to get a 100k loan on
blur so i get nft trade again i do i do actually i i wanted to uh i reached out to the guys at liquidium
um that are trying that are doing it on on on uh bitcoin and i wanted to like
like be one of their ambassadors and they're like uh we'll get you what's your what's your
opinion on them because i'm super i'm super interested i don't that's all i'm talking with
the guys i around and it's fucking dope i don't have an opinion like i i want to be on their platform
so i i reached out and i was like please put me on the platform and they they first thing that they
assumed was that i was gonna like that i was asking them to pay me like a thousand dollars a
tweet and i was like no just just like put me on like i just i just want to use your platform
just give me access and they're like oh oh okay that's way easier
yeah though the whole team behind the liquidium is dumb so i really hope their services success
because if we could get like it's just it's just another form of proof bro that if you could do
peer-to-peer like like loaning like ultimate degeneracy on bitcoin one another like that's so
guys no i want to see how it works and i'm also interested i i want to be doing it on um
on ombs that's probably gonna be the first place i try it like i'm gonna probably go straight to
ombs and see if i could try it there but we'll see uh i i find that fascinating like the loan market
for nfts although if we're gonna talk freaking specific niches to be to be involved in for content
purposes oh my god talk about a specific niche and one that is like very boring to anyone who's
not in it yeah imagine telling a girl hey yeah i'm in nft loans god shoot me
that's like the most boring thing ever anyway let's wrap there guys thank you for coming this
has been the really good web 3 show uh jonah filled in as a co-host and this is a tda brand
space if you if you like this kind of conversation and you like alpha it's uh tuesdays through saturdays
10 45 a.m eastern to 1 45 p.m eastern chief and ruto uh chief excuse me chief and espresso hold it
down and it's always amazing i appreciate you guys coming out tonight and we'll see you tomorrow
tomorrow's gonna be a gaming gaming uh heavy space so jonah you might want to come through
um but yeah we should be a fun one and again also jonah thanks for uh thanks for like super
last minute hopping on it's just fun we'll talk soon guys enjoy the rest of your nights and uh
go get some water have a good night eddie have a good day
