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Chillin’
Recorded: April 10, 2025 Duration: 1:02:28Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the latest trends in Bitcoin, the impact of a new NFT documentary, and the potential for growth in the market, while sharing insights on yield opportunities and token dynamics.
Full Transcription
Thank you. You
They want my chicken I am Steve. I'm Steve.
They want me to find the chicken?
Hello, hello, hello.
Welcome to Chillin'.
Chillin', Jockeys.
What's up, agents?
What was the opening song?
It probably wasn't coming through.
It was like a trap version of Chicken Jockey.
Or Steve.
It came through just fine.
It was banging.
Oh, it was playing for you?
Oh, yeah.
Certified banger, bro.
Okay.
Good thing there.
Certified banger.
Certified banger.
Nothing much, man.
We're on the upswing of the roller coaster.
So, I'm feeling good.
How are you doing?
Hey, I hope it's the beginning of the roller coaster.
I'm doing great i think um
you know we're at we're at the stage right now where the kids not get much sleep at night
like it's uh so i'm hoping that's a phase because my god last night i probably got
two hours of sleep and uh woke up very very uh angry and groggy, but
I'm doing better now.
The miracle of life.
Yeah.
Alright, well, if you're in this space and you haven't
already, bottom right-hand corner,
quote, retweet the space
with the following, come chill,
and now we
highlight the community members
who have already understood the assignment.
That would be Peanut, Rectful Ken, Dow Jones.
You and I don't count, PP.
It's expected of us.
I definitely have, you know know I definitely count
So whatever you say brother
Yeah but we don't get any of the rewards
Wow is that a moon bird in the audience
Dude we they get rewards
Yes it's the
It's the reward of
Friendship
Alright
We have a
I don't know if this is a wild card
super early wild card moment.
Casey
asked to join on stage
and the pinned tweet on Casey's
profile is very interesting.
what's up, Casey?
Casey might be a wild card to you guys.
Oh, wow. Yeah, Casey? Casey might be a wildcard to you guys. Oh, wow.
Yeah, Casey, that is a crazy
pinned tweet, but Casey's actually pretty chill.
Casey's, I think
I'm quoting Casey when I say that Casey's
been following me around recently.
Dude, how do all the wildcards
follow you?
Yeah.
I don't know, dude.
Maybe I'm their original wildcard. Honestly, Luke. Yeah. I don't know, dude. Maybe I'm the original wild card.
Honestly, yes.
I would dub you that crown.
He kind of is the original wild card, though, PP.
This guy came out of nowhere after the chillin'.
Yeah, he is.
The chillin' season two started, and then Luke just showed up on the scene.
And he's been an omnipresent force.
So he's here every Monday,
Wednesday,
Friday.
And honestly,
Luke,
like we thought we may lose you too.
Cause like,
you're like,
Hey guys,
should I drive into a fire?
We're like,
I don't know,
man,
but you did it.
Wasn't that like the first time I pulled up?
I was like,
Hey,
I don't know you guys that well.
I think so. I think so.
I think so.
It had to be our optimism and worry for you that kept bringing you back.
So glad you made it.
Nice bearish, by the way.
Yeah.
You know, I figured I had to represent for my guys.
Anyway, I switched up bears too.
The other bear was my PFP, but
with this bear, I get to say that the hat stays on
and that's kind of fun.
I have a bearish with a hat as well
and like an ice coat or something.
I own no bearish.
Bro, what?
I just don't, man.
I don't.
We should change that.
All my extra liquidity on abstract has been funneled into I just don't, man. I don't. We should change that.
All my extra liquidity on abstract has been funneled into Bitcoin.
Oh, me too, brother.
I'm obsessed.
We'll talk about that more.
But, oh, my God, I'm obsessed with Bitcoin.
Go ahead, Casey.
I just want to say that Luke's, I don't know if he's pink.
I'm kind of colorblind.
I don't know.
But I think he's pink.
But if he's pink, yeah, then he probably got it because of Aurelius, man.
Because Aurelius wears a pink bearish, too.
And, yeah, I don't know.
If I'm colorblind, you all tell me if he's pink.
It's pink.
It's pink.
I wouldn't lie to you, Casey. I know we just met, but it's definitely pink.
All right, thanks.
Casey, where are you from?
Man, I'm from the deepest, most unrecognizable labyrinth of, you know, destruction and chaos, bro.
All right, cool. Alabama.
Alabama.
I was thinking the same thing, bro.
I was thinking the same thing, bro.
I don't know.
All of Luke's alter accounts,
they're always some form of British.
It is true.
A little bit of it in the accent.
A little bit.
Am I off base?
You can thumbs up and thumbs down, Casey.
Can you and Luke talk
the exact same time?
Like, talk over each other?
We just want to rule something out real quick.
Hello.
Casey, say something right now.
Casey.
Casey.
Luke.
I'm here, Luke.
You guys got to talk at the same time.
Casey.
He's a good ventriloquist.
He's not fooling anybody.
Casey, say your name.
Say Casey.
Casey. Luke. Luke.
Dude, I'm about to invite Cakes to this.
What's going on? Please do.
Yeah, get Cakes back in here.
Miss that guy.
What's up, ST?
Yeah, what's up? Thanks, Dow Jones,
for reminding me about the space.
I totally forgot.
I want agents to see the graphic that I put up.
It's so good.
Did you see it, agents?
Did you DM it to me?
I'm just kidding.
Don't be a menace and quote retweet the space with the words.
Come chill.
What's the restricted warning?
Under 17 requires a company.
Wait, it put a restricted?
Oh, the penguin on the bottom.
I got it.
It's good.
I like it.
It's Dow Jones' idea.
I like how you gave Pepe a water gun and I got a Mac 10.
Do you know the movie?
Please tell me.
Oh, agents, you poor sweet soul 10. Do you know the movie? Please tell me. Oh, agents.
You poor sweet soul.
Do you not know the reference?
I see your hobbies include smoking weed and all sorts of other dope shit.
Oh, brother.
Now what's the reference?
Oh, sad.
I've never been so disappointed.
Marlon Wayans and is it Damon Wayans?
No, it's Sean and Marlon.
Okay. I know it's Marlon.
You gotta watch this movie, bro.
Alright, well, you know,
maybe I'd be more inclined if y'all weren't
making fun of me for not having
seen it already.
He's sheltered, guys. We gotta be easy on him.
People don't know
some things, okay? I know things
you don't know.
Like what?
Counterbutter.
I knew about counterbutter.
Everyone in here knows about counterbutter.
I don't know.
There's another thing I don't know.
I don't know what you don't know.
We'll find it tonight.
We'll figure it out.
You can just Google image the picture, too.
Just Google image the movie, and you'll see how amazing that is.
What's the movie called?
Don't be a menace to South Central while drinking your juice in the hood.
Okay.
Well, thank you.
Now I have something to go on.
Is it really that long of a name?
Yes.
That's the exact DVD cover.
It's just the penguins got switched out.
Go ahead, Phoebe.
Pierre.
Beautiful.
Yes.
Pierre!
Hears are bleeding now.
Bro,
I did a meme school. was it st was it yesterday or
monday my days are running together yesterday okay thank you i did a meme school yesterday
uh in the discord st joined me where i was just basically cooking ai memes and it got me thinking
i was like uh i i want to just i want to learn video yeah and so i spent a few hours
yesterday learning video and i've just been obsessed with doing stuff with it like all day
um it's a lot of fun wait then i realized it's two days ago okay no was it yeah i don't know
because i think you did you worked on all that yesterday, but I think it was, I can't remember now, too.
It was three tariffs ago.
Yeah.
But no, that stuff's amazing.
The stuff that you did with the video was fantastic.
Thanks, dude.
I'm working on another one right now, but I don't know if I'll get that one done tonight, but I'm thinking about like every other day.
Yeah, I was just looking at that.
I was looking at the membership things for that program.
I'm going to take a look at it.
It's not expensive.
No, it's not.
Yeah, Kling, AI, that's what I use.
That with a combo of ChatGPT.
You have those two things.
You can make whatever you want, honestly.
you want, honestly.
Give me a video
of Luke Sparish running
into a wildfire
to retrieve a legend.
But not really.
No, you have to focus on
the space, PP.
Let's get into it.
So, crowd consensus. Are we so back is this a
bull trap is there anybody smarter than me who actually knows what's going on is there anyone
dumber than me who doesn't realize they're dumber than me and wants to give their opinion
go ahead casey no no i don't feel like i'm dumber than you, so, you know, that's what I'm going to say.
Alright, that gets a follow right there, Casey.
I respect it, Casey. Thank you for recognizing your place.
But what I will say, Casey, is you are not dumber than agents.
Okay, okay. I'm just going to give you my own analysis of what's going on.
Absolutely.
Please.
I feel like I knew that it was going to come back because, you know, I think that, you know, it was just like a reflection of what, you know, Trump did to the market, to the stock market.
That's what crypto was on.
And I still feel that the worst is yet to come.
You know?
Like, I don't even need to even tell myself.
I don't even need to even, you know,
call my wife and tell her, you know,
let's fuck.
I say crypto's fucking me every day.
So I don't need to do all those things, bro.
All I can say is that...
Yes, it's a good wild card, Casey.
I think, and this is coming from a guy.
I got your pinned tweet.
Is this a quote?
Do not read my pinned tweet, bro.
Please do not read my pinned tweet, bro.
How did you pin it?
When your ass hair becomes so jealous
that your diarrhea is now completely filtered
and it creates drinkable water.
That's a... I just want to say I can really relate to that as someone who has a lot of diarrhea.
Why do we talk about this?
Love, bro. Love, bro.
I think I was just letting people know who Casey was.
I think I was just letting people know who Casey was.
Just in case you're vibing with his message on market sentiment,
this is an insight into who you're listening to.
Honestly, we do have NB requesting,
and he's one of the most original wildcards I think we've ever had in the back.
How you been, NB it's me what's up ponzi
penguins i'm doing great nb uh how have you been i i have a exciting news and i have a bit of
nostalgia which do you want first nostalgia remember that time when I went on Walmart.com
and I left to review?
Yes. And I said it was
cute but
dangerous. No, that
wasn't it. Yes, it was. Trust me.
It became lore.
Cupid Danger? No, it wasn't cute but dangerous.
It was something else. It would
have been more alliterative.
I'm pretty positive it was cute but dangerous.
No, cute but with caveats.
That's it.
Yes.
That's something I would say.
That is alliterative.
Yeah.
Because I know myself, bro.
It had to be alliterative.
I wouldn't have to say it.
That's right.
We dumbed it down to turn it into a meme.
But yes, go ahead.
Okay, so that was the nostalgia.
Now, the fun part, there's a movie that came out today a documentary on netflix on nft is you're in it
really or your likeliness or your project rather but still i mean it's kind of hard to watch it
i have to watch it is it yeah i mean so it follows it all the way from like 2021 till now and um it's called minted
it's really easy to remember honestly part of it put me to sleep but if you skip around it's
fucking great and you can like i don't know i was surprised to see the the pudgy penguins
why would you be surprised to see the pudgy penguins in a movie about nfts
i'll say it again i was surprised to see the alien friends there too okay i mean like there's a lot of
like different pfps running around like i didn't really it's called minted that's
fucking i'm loading up netflix right now i am too. So it just came out today. It's called Minted.
The Rise and Fall?
Of NFTs.
Honestly, bro, it looks like it would get a lot of clicks.
It's a 2023 movie.
I think I've seen this.
It's just now getting put on Netflix, yeah?
No, and Netflix bought it.
So they straight up bought it from the guy,
and they're going to push the fuck out of it, probably,
if they did actually buy it.
And, like, I don't know.
I mean, it could be...
I could see it bringing people in,
maybe not in the best way, or...
I don't know.
It's kind of interesting.
Yeah, I'm kind of scrubbing through it.
It kind of starts off with Beeple's story.
That's cool. Yeah, that part was boring.
There's a part
with some kind of traitor.
Some PFP traitor. He's like
wearing a hood. Like a dark
hood in part of it. I don't
remember what his name is. They'd say it. But that
was interesting too. I don't
know. Parts of it were interesting. It's definitely a
movie to skip around.
But, yeah, at some point, there are a bunch of pudgy penguin things.
You got me skipping all the way through this thing, just skipping around.
That's basically what I did, and I fell asleep to part, and I woke up.
So I took a shower, and now I'm making noodles and talking to you.
Back to you at the studio, PP.
Yeah, thanks for stopping by, NBA.
It's been a while.
Hey, we may have a wild card, PeePee.
You gotta get a handle on Adam, too, by the way.
What's going on, Adam?
He's in Miami with his Porsche,
and he's going out of control.
He's got some stupid fucking branding
all over the thing, and people
are throwing Starbucks at him
as he's driving.
Literally, ask him.
NB, can I Venmo you
some money for a Starbucks to throw
at him?
Yeah, buy me
a Brightline ticket
and a Starbucks and
tell me where he is and I'll go down to Miami
and throw it at him.
I thought you lived in Miami.
Boca Raton.
Oh, shit, dude.
I actually need to come out there soon.
Luke and Nets wants to come here, too.
Really?
Yeah, his Rolls Royce would fit in well here.
Do you know Michael K. from Wallet Guard?
Have you ever hung out with him, IRL?
Yeah.
Oh, sick.
Well, yeah, he's amongst the Web 3 homies and then some pretty blonde girls.
So Boca Raton's, you know, it's a place.
There's pretty blonde girls that live in Boca?
Yeah, apparently.
In Web 3?
No, not in Web 3.
Well, probably, but no.
Oh, no, there's pretty everything everywhere.
Yeah.
I mean, that's not special.
He lives in a, go to his house.
He lives in a very cool place.
I'll put it that way.
I will.
I mean, I hope to see you there.
I'm here.
Roll up on me, bro.
Brain pasta rolled up on me when I was getting coffee.
It's fun.
I don't think Envy's a wild card, you guys.
Envy's definitely a wild card.
He's elevated, Luke. Relatively, NB's definitely a wild card. He's elevated, Luke.
Relatively 10.
He's an elevated wild card.
Yeah, thanks for the recommendation, NB.
I just scrubbed through the entire thing.
He basically watched it.
Yeah.
I didn't see one pudgy penguin in the frames.
I'm going to go.
I have to go find it for you fucks.
Fake news, NB.
Come with timestamps. No, like the whole fucking website, too. It wasn to go find it for you fucks. Fake news, NB. Come with timestamps.
No, like the whole fucking website, too.
It wasn't even like just a tweet or whatever.
It was like the full fucking.
It was it was relatively early, like like right after the.
The people interview kind of around there, like just a little after that.
But like they would have been talking about like I don't know
PFPs I guess or some shit
I got you
is Toby connected yet
but like all the people on it they're just
talking about how like they never
thought I'd be able to own a house
I never thought I'd be a house owner
I never thought I'd have a Ferrari I never thought I'd do this YZ and house. I never thought I'd be a house owner. I never thought I'd have a Ferrari.
I never thought I'd do this YZ.
And they all get stupid rich by the end of the movie.
I never thought I would not be a virgin for them.
Casey, you're married.
That's a bit of a spoiler alert.
There's the Casey.
I know and love.
John Pudgy, how you doing?
Yo, just another beautiful day in Bali.
Not yet powered by nuclear energy, but we're working on it.
But all good.
Big things happening.
Very excited for our chat on Friday.
Friday morning.
I got it in my calendar.
I told Alan I'm down.
So, looking forward to it.
You buying uranium, PP?
Dude, I need to buy
uranium.
Yeah, we can get you
some uranium cubes
also.
They're the most, let's call it,
radioactive merch out there.
Our lawyers say it's fine, so don't worry about it.
Yeah, I need it.
I'll just keep it away from the baby.
Yeah, I don't know.
Maybe you'll get like a Bruce Banner type situation.
Yeah, what a bad dad.
You don't want a super baby?
I definitely want a super baby, but not a uranium-powered baby.
That would be the end of your bloodline.
I know.
I know, NB.
You know, actually, I'm not visiting NB, the blonde girls, and Michael K.
I want to go visit John in Bali, to be honest.
Do you not have blonde girls by you?
I don't understand why the blonde girls are such an interesting part of Boca to you.
Because the blonde girls who I know in Boca have taken a liking to me.
And the ones here are tired of me.
Oh, well, fucking hit them up, bro.
They're all fucking, like, daughters of very wealthy men.
That's why you gotta keep moving.
Exactly.
Casey, you're coming with us.
You tell them, Casey.
I didn't realize that's why you're coming here.
Yeah, bro.
You can sleep on my fucking couch if you need to.
Get that money, brother.
Let's get you a sugar mama.
NB gets a cut.
I don't think he's coming to get money.
Invite me to when you have events and stuff.
There's free food.
Anything with free food, just invite me.
And B's getting taken to dinner.
Bro,
I just do it for the free food.
That's the whole reason I,
throughout my college career,
I basically made it my goal to get on as many guest lists as possible for
corporate,
mostly automotive brands and solely for the free food.
Cause they, the car companies would
come out with a new fucking car. And like, you know, Ferrari, Audi, Lamborghini, you fucking
name it, they all have a new car every year. And they would throw this big party. And it would be
like the best fucking catering. And the catering, I would get a little deal with the lady. And like,
she can't go back to the kitchen till her trays empty. And I'm like, Hey, if you got issues clearing that tray, just swing by
me. I'll clear that thing for you. I was eating good. I was eating good. Sounds like a Kramer
B plot from a Seinfeld episode. I haven't befriended the people from Louis the fourth,
the 14th. I think, I don't know. Some kind of stupid, expensive Cognac. Crown Royal.
So I was getting a bunch of that shit for free.
It was really great.
It's Crown Royal, isn't it?
Crown Royal.
They're the ones who make Louis XIV.
Whatever it is, it's 100 years old,
which was fucking wild to me
because the guy who's mixing it,
so there's like a guy
who's in charge of mixing the alcohol right yeah i'll never take it for 100 years so the guy never
actually gets to taste what the fuck he's made so like this guy can go through a whole lifetime
of being a fuck up and you would never know until 100 years later. And there's nothing you can do about it.
And I'm so kind of interested in that.
Like, for his entire life, he will never get to taste his output.
I've never thought about that.
They taste it as it ages.
Yeah, but you don't get to taste the final thing.
You just get to taste the generation before you.
Like, it's kind of, I don't know.
Yeah, your grandchild grand sounds like a good gig
can never get fired who was the first guy to do it though and like get gainful employment
i don't know but this can be like you're not gonna have it you're not going to have it. You're not going to have it until I'm long gone, but trust me,
you're going to want to pay me 30
years and a pension.
It's $400 an ounce and they pour it out
like it's water at their brand events.
Well, get me on those lists.
I'm not
getting you on that one, bro.
Get me on the list.
That's the best list to get on, bro.
Come on.
You get on the Ferrari, and Ferrari will send you out to California
if they think you're going to buy a car.
Fly you out, have a whole dinner.
Get me on the list.
I'll bring brunettes to Boca.
Whoa, you're going to take Boca, huh?
You realize we have like three colleges here, right?
Okay, we're coming to Boca.
Alright, I'll bring beer koozies to that.
The fuck is that?
This poor guy's drinking warm beer.
Yeah, man.
I'm a wine guy.
Can I butcher a story for you guys?
Yeah, absolutely.
Be my guest. Toby's really struggling.
Yeah, Toby's like on dial-up
trying to connect to this thing.
So there's this dude who
my mentor from Web2
is friends with. My mentor from Web2 is like
63. This dude's probably like
75. Really funny dude.
He owned an oil
company and sold it. He's just been well off
since trying to do deals. Apparently a lot of his real estate deals that he's trying to develop fall through. He owned, uh, I think he owned an oil company and sold it. And he's just been well off since trying to do deals. And apparently a lot of his real estate deals that he's trying to develop
fall through. But anyway, he has funny stories, like just an example. One of them's like he was
interviewing him and his partner, both interviewed each other's kids for them to come work for their
company. And his partner's kid came in like already to actually interview. And then he was
like super nervous and kind of talking about his credentials. And he was like, look, son, do you like to eat pussy? And then he said, yeah. And then he was, like, super nervous and kind of talking about his credentials.
And he was like, look, son, do you like to eat pussy?
And then he said, yeah.
And then he was like, okay, you're hired.
But obviously, it's his partner's kid.
Like, he's not going to not hire him, right?
Anyway, so he was saying that when he was in college.
Stop it.
Help me not here.
Luke.
That's not me, dude.
Can you keep getting out of the Chinese restaurant kitchen?
I'm laying on my couch.
I got to Big Wong in New York.
Toby finally connected.
I'm laying on my couch playing fucking roach racing, bro.
Big Wong restaurant.
Check it out.
Chinatown.
Look, the actual story that I was going to reference that was similar to NB's is that
when he was in college, he had a kid, right?
And he's a super broke college student.
He was playing football.
So he had these football friends.
He was on the line.
And so they're these big dudes, right?
And the one dude told him that they were going to go have an amazing dinner with these women.
And then they went to the dinner.
And they just sat at the dinner alone, actually.
But the women had it, like like on their tab at the restaurant.
And he was like, best meal I've ever had at that point in my life.
Like amazing, like, you know, courses, amazing alcohol, like all good.
And then his friend was like, you're going to want to drink a little more.
And he was like, why is that?
And he was like for the after party.
And then the after party, the reciprocation they had to return for the dinner was going
up to the penthouse like on top
like in New York City like at the top of whatever building the restaurant was in and they go up to
the penthouse and the women that their dinner was on behalf of or who covered their dinner even
though they didn't show up were like I don't know how many and how many friends there were but they
were just these huge huge older women that um that had the money money to pay for these college football players' meal,
and then they had to reciprocate the favor.
So NB got the better end of the deal.
He just got to go look at nice cars and not have to pay back.
Look, I think you need better friends.
Ladies dinner.
That's a wild story.
I don't even know if I understood it.
Honestly, you could say no to that, right?
No, that wasn't me, dude.
Wait, you're saying they were male escorts
and they got stood up, but they still got to go out?
Yeah.
No, they horde themselves out for a free meal.
While they were broke in college and they were eating ramen.
While they're broke, like they're not broke now?
No, he's balling
now i think he has like he probably he probably had 100 mil at some point but he's lost quite a
bit in his real estate deal is not going well no this guy i said he's like 75 did say that's the
this was like in the 60s or 70s an oil company bro he's probably a billionaire i'm dying to know
what college football teams in new york city i don't even know, dude. I'm not
a participant other than sitting
at dinner with this guy and laughing
my ass off.
It just seems like a Queen's night.
I don't know if I was in that predicament. I would just be like,
yeah, I'm out. It sounds like
catch, honestly. I kind of
feel like I know exactly where they were.
It sounds like catch, and then the
penthouse on the roof is like this shitty little club but people like it because it's like exclusive and um yeah
i don't know i it's it is what it is there used to be a place called caden that was really cool
and essentially it was like a brownstone so like a walk-up kind of thing but like each floor was
a different nightclub and then the party and the
basement was open to the public and ticketed and the rest was like a private members club it's like
a private nightclub and each floor is a different genre but nobody was actually a member so it went
out of business really quick and and the kids lost the the property i guess they inherited the
building and just lost it.
It was fun, though.
MB, have you ever been on any football teams and wanted free meals?
No, I went to NYU, which noticeably doesn't have a football team.
That's true.
But they sell the t-shirts, so I did get an NYU football t-shirt because I thought it was funny.
And then the rest of the teams at NYU, the mascot, I think, was a flower.
It was the violets.
So I just I never really took an interest in any of that.
I want to know, Carlo, what do you think about all this?
You've been suspiciously quiet.
I was just waiting for my time to chill with the chilling penguins.
No, I think it's having met Luke in person at ETH Denver.
I'm well confident that he could find himself a sugar mama down in Boca Raton if he's willing to do the deed.
He's got the face for it.
He's got one person betting money line for you.
Yeah, Luke's a good dude.
I hung out with him in Denver.
Carlo, what do I have to do for a bear?
What do you have to do for a bear?
Don't you have a bear?
No, I'm kidding.
What do you want to do for it?
Oh, you have to do the deed?
Is that what you're saying?
He's asking if you know of a penthouse he could go up to and reciprocate yeah i think i can find one um i won't uh well i
guess in the nftnyc i'll probably see you there and uh you can come up to the uh to the penthouse
and um i'll give you some ice blocks you can crack open dude we got to do that ice bowl thing with
the bearish folks i know this uh this this Rich Webb 3 kind of scammer guy.
He's got a Rolls-Royce Cullinan.
That might be an interesting person to hit up.
I've been in the back of many a Rolls-Royce,
but only when Luca's been driving.
I think his name's Luca. Oh, his name is Luca. Oh, yeah, okay. So I know the guy another guy
You might have a penthouse you could borrow
It's actually it's actually a peng house
So see what you did there I like that
Cause were you were you in Denver did I meet you I can't
remember I think we might have crossed paths a little bit I was I was hanging
out with totally and Scott yeah from from bearish and drip and and hanging out
with Vanna to Vanna 3000 yeah I remember totally he's great give me a
hat and we hung out at the abstract uh table service at the party yeah right
on yeah i can't yeah he's a great dude um yeah i've been working with them uh since probably a
couple weeks before they minted on abstract and um yeah just kind of helping out with operational
stuff and uh community and socials and things like that but um yeah no great dudes i went through the peng uh
the pengu plaza and uh was at the uh the rave on friday night it was uh it was a blast man
it was fun i really liked the way you guys did that mint it was uh it confused me at first
because i minted and like when it came time to reveal i was like where the fuck is my nft and then i realized like i had to like actually i had uh
what was it bearish like token yeah yeah yep the bird token yeah most people were confused because
they didn't realize that bearish is actually a 404 so each each bear represents 10,001 bird token
and some people were seeing the bird token first um and not the nft side so
we kind of developed switch sets on our website so people can switch it over and see their nft
yeah man that was a fun yeah that's fun we got it was fun know that until just right now
there you go i mean we've been pretty it was supposed to be secret we weren't we weren't
going to reveal that it was if it is a 404 can you convert it back to
burr token yeah you you can um there's a switch on our our website you just can't you just can't
fractionalize it yet you can't transfer it yet um there's a toggle switch that we can enable
when the time is right or um it'll it'll automatically uh be fractionalized on the
one year anniversary of mint um so that the the contract has a fail switch that it'll automatically be fractionalized on the one-year anniversary of mint.
So that the contract has a fail switch that it'll automatically go into a
fractionalized state.
Have you guys seen like the board,
the bar token trade at like a,
what was it?
50,000 or 10,000 you had to have for the NFT.
it's 10,001.
10,001.
Have you seen it trade at like
equal values of the nft so if i bought ten thousand one burr could i convert it to nft
you can't buy it yet um but as soon as as soon as it is fractionalized then you can buy it and
then you could potentially convert your nft into token um and sell it that way or you can buy token and convert it into a bear um we are we're kind of
waiting on to the point where we're essentially we're kind of taking like meme coin from a
different from a different um perspective we're trying to build a community around it first
through nfts and our kind of our building programs and stuff like that and then at a certain point
when it feels right then we can kind of turn on fractionalization let the community go at it and um and really kind of explore like the mean coin
side of what bearish is about i like it yeah so no but i had a good time um i'm looking forward
to nfc nyc i've been talking to um i don't know if you know if you know dong lee yeah yeah love
dong yeah she's awesome she is very awesome. She did a lot in Denver.
Yeah, for sure.
We'll be talking back and forth,
trying to get some cool stuff together for New York.
I think there's a Solana thing that the Monkey Dough guys are throwing around the same time.
Right on.
Yeah, I think it's Summer Solstice is what it's called.
That sounds cultish yeah yeah i actually what's that one movie um midsummer have you guys seen that that movie's fucking crazy actually i watched it on a plane
is that the one where they dance around the maple um no that's agents he dances around maple no it's
like from the 1970s and there's like a cult on an island.
No, this one's an A16Z.
No, it's not A16Z.
A24.
Holy crap.
This one's an A16Z film.
Oh, man, I'm down bad.
Actually, I really like that movie.
But, yo, fuck, I had a couple questions for you, Carlo.
Okay, I guess this this question so
i as you know i have a lot of bears on ice i'm actually looking at because i had you know i had
three wallets that i max minted the cubes on so i just claimed bees across each of those wallets
because i haven't moved the cubes yet so gg i got a couple extra free bees sorry not sorry um
if you don't know what bees are neither do i i'm just having
fun here um but you know so i have these unrevealed bears which are you know almost twice the value of
the bears on the floor because they're unrevealed what happens when you can exchange in and out of
burr as it's a 404 isn't that re-roll the traits on your nfts and then doesn't that make the
unrevealed bears less valuable when that's live um i don't yeah so those are good questions so
let's just talk about the fractionalization part first real quick um so when you when we turn on
fractionalization um and you say say you trade you sell 5,000 bird tokens, you no longer have an NFT.
You've got 5,001 remaining bird tokens.
That NFT that you, that you've kind of forfeited goes into a pool of, of available NFTs of
available bears, right?
If you were to buy 5,000 bird tokens back and then convert it into anft um a bear would come out of that pool
it's not necessarily going to be a new reveal essentially but it would be a random draw from
that pool um now the ice blocks i don't i i think the ice blocks as long as they remain unrevealed
are going to have that kind of uh premium value the same way that you know renga black boxes still have premium value like the unopened renga black boxes still have premium value um and i doubt that anyone would
i would not suggest turning your ice block into burks i think that the value of the of the
unrevealed is going to be um at least initially higher so that's what i would recommend um but
again we'll kind of know once that happens and how people will react.
And some people might do that.
I don't know.
Dude, there's no chance that anyone, I don't know, that's silly.
If you know anything that's going on, I don't think you do that.
But who knows?
I agree.
But I like that.
I like that.
Because I guess there are multiple ways to do 404.
You can either do a pool of the NFTs or you can do re-rolls.
I think one of our other friends
who has a 404 coming out,
I think they're re-rolls, but maybe I'm incorrect.
Pools are way better, in my opinion,
just because it keeps your rarity intact.
If you do re-rolls,
it kind of fucks with all of the rarity.
Yeah, I agree with that.
That is a damn good point, actually.
Especially when collectors who are collecting rarity
and they've collected...
I mean, we already have a situation where
we have these unrevealed
and rarity is still shifting until
all the unrevealed...
all the ice is uncracked, right?
So we already have that going on.
I don't know if we'd want to introduce a reroll to the situation where someone
who's already has like a, you know, I don't know, like a top 1% rarity that
they, they paid a premium for.
We don't want to introduce a reroll into it.
As well.
One of the best, two best pieces of advice I would give you as an empty project. Don't do rerolls keep and
Never change your art
Yeah, I would agree with that having collected a lot of NFC's over the years. I definitely agree with that
The only people who want rerolls are the ones who like minted and they didn't get a rare and then everyone who bought a rare or
Got a rare will be pissed off right unless you
just not touch it exactly unless you know going into a project that you're minting a dynamic nft
where that is going to change over time um but if you if you throw that into the mix like
months after mint or years after mint it just really it just kind of people over
we got approached a couple times about
upgrading our art and we
basically all put our foot down and said no.
There's no
upgrading this art, bro.
It's perfect. What are you talking about?
This is the best art of all time.
Are we going to tell them about the real
original NFT project,
Treatdown?
Oh my god
no way
dude
TreatDow
is it still a thing?
I think Dan's like still trying to make it work
but you can't do
TreatDow and a casino and expect both to work.
Yeah, no.
Do you remember when we were on my bachelor party trip and we were talking about tree?
Yeah, I do. I used to.
Oh my god. That was wild.
It was a long time ago.
Casey, did you throw your hand up? Did you have something to add?
Did you throw your hand up?
Did you have something to add?
No, I wanted to ask...
I wanted to ask...
I wanted to ask Carlo if, you know,
Beirish's SVG, if it's like...
If it's fully on chain or something.
Oh, no, it's...
They're PNG files.
It's not SVG.
Okay, so...
They're not SVG, okay.
Is that bad, Casey?
Um... In a way, yeah.
Should I sell?
Yes, sell them all.
Sell them all.
Yeah, sell your pink beer, bro.
Sell your pink beer now.
Now.
No, I know you're...
know um yeah so basically kind of like the decentralized uh storage of assets right so
Yeah, so basically kind of like the decentralized storage of assets, right?
you know putting in putting the the image on chain ensures that you know should the server that's
hosting the images right now if it ever goes down you'll still be able to see your ass your your nft
essentially um now that being said we do all of our own dev work in-house with scotty and the team
we do all our own artwork in-house we've got a team of six artists if for any reason we decide to
move to that's really just a metadata update we could move those assets on
chain it's not a it's not that big of a lift it's just something that we didn't
do it the initial mint you know that as soon as the hosting service goes down the art immediately
you know gets vectorized doesn't actually you know display anymore yeah for sure we are all of our all
of our um all of it's hosted on aws amazon web services so if something ever happens to jeff
bezos um then maybe we'll be concerned but I think they're
pretty secure
they're fine
I know everybody in this room has a Prime membership
and paying for our hosting fees
so we're good
like hosting the art on chain
we've actually looked into it, it's so expensive
unless the art makes
sense to be on chain
like as an SVG, it's better to just keep it
as a png honestly and just for sure if you always have access to the the metadata and you need to
change like ipfs servers you can do it but yeah exactly that's a good question i mean i've and
there's a lot of like on-chain maxis like i i've been i've
been group chats with them and you know obviously they're not holding bears but
but uh there's i mean there's a whole like subculture that's all about like it should
be on chain it should be on chain but you know i i respect both sides so being on abstract uh carl
i don't know i love how we turn this into car's Q&A but I don't know
It just kind of happened
Sorry Carla
Besides bearish what's one of your favorite things
That's popped out of abstract recently
Recently Bitcoin
Yeah
I can't help it
Could you say that three more times please
Bitcoin
Bitcoin
Yeah I was upgrading
while I was in the space, actually.
Dude, it's addicting.
Agents, how did... I meant to call you
the day it came out. I was like, hey, how about
a little heads up when stuff like this comes out, bro?
How about what I know?
I don't know, man.
I texted Finn, too. I was like, this is awesome.
I got in.
I started buying and upgrading my rigs when it was like a dollar.
But the whole premise behind it, you can ask agents.
A day before in the meeting, I was like, man, Abstract, all it needs is one hit DeFi app that's fun.
And it'll start bringing people on change.
Sure enough, dude.
Is this DeFi? It's totally DeFi. app that's fun and it'll start bringing people on change sure enough dude like i had uh is this
defy yeah it's totally defy it's it's it's reminds me so much of like defy summer stuff
like that got me on chain and a lot of other people on chain wait you classify this as defy
100 yeah for sure it's defy adjacent it's a defy ponzi it's the if it has ponzinomics and it has like ways you can
burn uh supply while also like increasing your uh your stake and whatever it is it's definitely
defile like i sent it off to a couple of my friends who only like are interested in defy
stuff and they're like oh yeah like. They bridge to Abtract immediately.
Because they
see the promise in
having something fun that they can
throw money at.
And when you earn money
off of it, you basically just keep funneling
it back in. It's sort of like yams.
Yeah.
I mean, listen, don't get me wrong. I got the
upgraded space. I got the upgraded space.
I got two of the 20 giga hash miners going.
I think I was earning like 1,200 Bitcoin a day this morning.
And it went down.
Well, I got in like real early when they did that upgrade switch.
Like the yield for like an hour was absolutely insane.
That's what caused the price
spike.
Let's call a spade a spade.
It's a shovel.
How big
can big coin get?
It just depends, dude.
I'm buying the coin more than, I reached a point where it doesn't make sense for me to upgrade anymore.
And I can buy the coin.
I'm with you.
Because that yield dropped so fast.
And you can get the yield whenever you want that's the thing i think what makes it sticky
for me and what i found interesting is like if you're making like your first wallet like you
get a free miner and it just gets like it's a good funnel piece to like get people who have
no money talking about it which is you you need those people um and to me i feel like it's like a really
really good introduction to abstract because a lot of my friends that i would say that too yeah
yeah they love it bro it's a punsy but they love it yeah go ahead luke
luke you lagging, fam?
Luke, use the mic.
Dude, my phone's charging and on this base it's just so hot and slow,
but I was literally just sending the link to my homie so that he could hopefully come through. But, I, I'm interested in the big thing.
My thing is just like,
I've seen a couple,
you know,
fun gamified little,
proof of work,
like mining type of things where it's supposed to be kind of similar to
Bitcoin.
But every time it seems like,
although it gets more scarce and then,
you know,
it's thus deflationary.
It's definitely not proof of work though. Well, it's, it's not proof of work, but you know, that's thus deflationary. It's definitely not proof of work, though.
Well, it's not proof of work, but, you know, that's kind of what it's supposed to be, right?
Like, it's just LARPing as proof of work.
Yeah, it's a proof of LARP, I would say.
So, yeah, but every time I see one of these that comes out, like, you would, you know,
Bitcoin, it's like Bitcoin has value and people value bitcoin
and respect it so it has like that intrinsic value that people place on it so although there's more
bitcoin being produced it is deflationary in the sense that less and less is coming out but then
although there's less and less bitcoin that's hitting the market per you know bit of hash rate
that you have or like whatever percentage of the overall hash rate you have mining or whatever you can call it larping to mine bitcoin like i feel like the more that hits
the market like the demand never outweighs the supply for things like these so but of course
then bitcoin's getting burned for more people that come in so i suppose that helps but i think
what they did today was smart if you if you have to like keep it interesting and like
constantly provide like updates um and keep kind of people guessing uh at first I didn't know what
to think about it but then I like I don't know I kind of like what they did you have to keep people
interested in the game because essentially like like you said like the only reason the only way
you have demand on that supply is if the game
is still interesting.
Yeah, for sure. I like the way that they
brought in the tariffs into
the lore. I think it's just
cool little storytelling there, too.
Agreed.
Hey, people, you should
bring up BG and see what she's got to say about it.
Who?
BG down there.
Have them request. I'll bring them up.
BG, I know you can hear this.
A different question.
You should bring up Sad Boy and
Paul and Dup.
Dup's always welcome.
How about Sad Boy and Paul?
Those are my friends.
Sad Boy is welcome. Cakes is definitely
welcome. Well, how about Paul, dude? Paul is welcome welcome. Cakes is definitely welcome.
Well, how about Paul, dude?
Paul is welcome, too.
I'm looking for him.
I'm looking for him.
There's Cakes.
Cakes is back, yes.
Cakes, how you doing on Liberation Day?
The real Liberation Day.
Good evening, everyone.
Hey, Penguins.
Hey, Peep, Peep. Hey, Ajax.. Hey PP. Hey, hey how's it going? How you been? Not bad. You know, just prepping for NFT LA.
Dude, I'll tell you what, like ever since I saw your dar dar sale, it made me hop on OpenSea and
start shopping around for some. Yeah, I picked up some this week week too I try to buy one a month
you know 50 bucks isn't too bad so floral soon I'll have the whole
collection
they're still in NFC LA how many did you collect PP I didn't buy any cakes I
just looked at them because I was missing you. Oh, thank you, buddy. That means a lot.
Well, just wanted to say
hello and I'll talk to you
all later. Love you.
Before you...
Luke!
Luke!
Luke!
You were muted
that entire time, Luke.
Yeah, that's because I was talking.
Bring him back up.
He left, dude.
He left the space. Wait, Cake left?
I followed him back today.
Luke, it's you.
He left, left.
Wow.
Carlo, we're convinced that Cakes is Luke.
Yeah, I'm pretty sure it was Luke.
Because look at the emoji in Luke's name.
Carlo would say, I heard Luke talk to girls.
That's exactly how he talks.
That's how he maxed on the ladies.
I was at the Pudgy Rave on Friday night.
He had DM'd me and said, hey, let's get a selfie.
And I went up to him.
I said hi to him like three times.
He totally ignored me.
But he was just like,
Wait, no, he was.
Oh, that was Luke.
Yeah, that was Luke.
Ah, Luke.
Why do you do this to us, man?
Okay, so it's confirmed.
Cakes is Luke.
How do you keep up with two profiles like that, bro?
He's, uh,
I mean, he's got two hands.
That is true.
I will not deny that I have two hands.
I have two eyes as well, unlike a dower Darcel.
So it is. You're confirming your cakes, right?
After gaslighting us for two weeks straight?
I mean, I already denied it.
I wasn't gaslighting you.
I don't think it's him.
Remember when you guys
were like, Luke is neither
that clever nor
cunning. No, PeePee said that.
I thought you were clever and cunning and calm and collected.
I thought you were clever and
cunning and
common.
And cunning.
And cunning.
What's up, Sad Boy?
Nope, he's gone.
Is that you too?
You hurt feelings.
I didn't hurt his feelings.
You hurt his feelings.
Wait, Sad Boy can only talk if Luke stops talking.
So Luke stops talking.
Come back, Dan.
Actually, Luke is Tom Bibian.
That makes sense.
Fuck you guys.
I think I'm still in a group chat with him on X.
I'm afraid to leave it.
You just don't want to bring attention, dude.
Yeah, I just want to bring attention to myself.
Yeah, I'm just quietly sitting in the background.
I don't want him to see my name.
I'm not interacting with my tweets.
Today I saw one of the...
Like I said before, I know people that go into his spaces.
Today I saw one of the homies join his space.
And I was like, what the...
I didn't say anything, but in my head I i'm just like what the fuck's going on here like next up someone's gonna give
him a fucking bear oh please don't nobody give a bear please oh hey if you guys are big tv fans we
can uh hook him up with a free bear no thank you please tuberculosis i've dealt with i've dealt with
him i've dealt with him in a discord before,
like in another discord before. It was not fun.
I think they
had to ban him eventually.
Honestly, it's impressive.
It's impressive that
one person could
touch so many.
There's a lawsuit
to prove it.
AC, hello.
AC three.
Hello.
How's it going, AC?
It's going.
I was just telling someone earlier today that it feels like a Monday, Friday, but on a Wednesday, where tomorrow I think it's going to be Saturday morning.
And I've got to wake up and go to work right away.
I'll be honest with you, too. I've been asking myself
what today was all day,
and it's just been a weird
day for me. Not a bad
way, but just like,
I didn't get much sleep last night
for the kid, but I need you to do something for me.
Can you please talk the same time as
Luke? We have to clear everybody
that comes up here. No, I can't
do that. Damn it, Luke.
Luke filled
us again. I'm so sorry,
you guys.
Bamboozled again by Luke.
If you could talk like this all day long,
wouldn't you rather do that? Hang on real quick. I see Luke. Can you talk like this All day long Wouldn't you rather do that
Hang on real quick
Can you talk like that
Not to you guys
Yeah you can
Pint houses Luke
Pretend I have a flat tire
Help him fix it
You don't know how to change a flat tire
Motherfucker
Help him fix the tire
There's that charm Help him fix it. You don't know how to change a flat tire, motherfucker? Help him fix the tire.
There's that charm.
Dude, there's no chance I can imitate AC's voice.
You could do it, man.
First open the trunk and pull out the jack.
All platonic, bro.
AC's got the most soothing voice in all his CT.
It is a very nice voice. You know what?
Okay, Luke, this is
not even.
This guy calls me up
just to have me put him
to sleep at night. I mean,
I don't have
that type of time.
I'm nobody's mommy
or whatever that was.
Wait.
Simp. Pause. Wait. Simp.
Pause.
Pause.
Is this a bit?
Luke, did you actually fall for a good night
story?
I will
recount. No, no, no. These were my
IRL friends. A couple years ago,
my IRL friends asked me what I wanted for my birthday.
They were all girls. I told them I just wanted them to
tuck me in and read me a story it didn't happen but um I maybe I've said
that to AC on a space but I don't think I've ever directly requested it although if you launched a
PFP collection and said that you had to own 10 of them and they were wanting each for you to read
me a bedtime story a couple times I would own 10 of them oh man if it was a multimedia NFT where it just was the bedtime story sound file embedded in the NFT, that'd be a buy.
Luke, you didn't even hear me, bro.
She said she's no one's mom.
I was like, can you be my mom, bro?
What about stepmom?
Can we be stepmom?
Okay, dude, I gotta...
I prefer stepmom, you know, stepmom? Okay, dude. I gotta... I prefer stepmom.
You know, just unrelated.
Oh, my God.
We're losing the plot.
No one's chilling today.
The Luke lore is getting deep.
I'm just glad that I'm not in anybody's crosshairs tonight.
I think it's the first night.
It's been a good night for agents.
It's time for you to get some... No, no. Yeah, it is. This was a a good night for agents. It's time for you to get some...
No, no.
This was a good sesh for agents.
I hope it got made fun of once for being ignorant about some movie from the 90s.
We are coming from...
What was the movie?
Don't be a menace to South Central while drinking your juice in the hood.
That's your homework before the next show.
Why didn't you finish it for me?
You know, you couldn't let me have the victory of remembering something?
You had to finish the line for me?
I was well on my way.
It wasn't that he couldn't let you have the victory.
It was a lack of confidence.
You want my chicken?
Thank you, Jonathan.
I think so. we're gonna watch that movie next sleepover agents yeah what 19 right next I'm supposed to come down? 18th, my friend. Good Friday.
That's the 19th. It's the 18th.
I'm going to make this song my ringtone.
You want my friend to see?
Ringtone?
I got trackers.
I got trackers. Tracking Tracking Tracking Tracking
Hi! Kuski You want me to find the chicken? You guys are still here
Alright, that was a good chillin
Agents, I just had
Papa John's pizza delivered for me and the kids
Enjoyed that, PP
Enjoy that
Shameless shill for
Minecraft movie
I've been singing every single song
from the movie.
Go see it even if you
were deciding it was going to be trash.
Highly recommend.
Later.
Peace.
