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Crypto Mass Exodus & How to Win on Coffee with Captain #1,090
Recorded: Feb. 5, 2026 Duration: 2:17:33Space Recording
Short Summary
In a dynamic discussion, crypto enthusiasts explored the latest trends in NFT partnerships, project launches, and the implications of aggressive market strategies like CyberKong's Death Star. The conversation highlighted the resilience of VFriends amidst market fluctuations, while also addressing the potential risks associated with new NFT strategies.
Full Transcription
I'm telling ya, I sell you a percentage
on Nebula, shout out to Vibs, yo set it up.
Surfing on the web and I'm shooting at three, I've been golden when I got my T, I'm an
alien boy from a different planet, yeah.
So I got my drink, I'm riding in the 1920s, Model T, Ford, car, era, Lord, call me Levi
playing on the keys, what?
And I'm about to put my gloves on, if I said it then I meant that
Yeah, I like that one, I'm about to get that
Crash that whip for the drumsticks, whiplash
I'm about to get them all, are you with that?
In a white boat, surrounded by blue
I want one, but I got a cop turned
I wanna fly high in the sky, arms out wide
Trying to swim from a bird's eye view
I'm on fire, Ricky, Bobby
Cracking the pavement, Whitney, Bobby I'm a Saki, Cracking the pavement Whitney Bobby
I'm a Saki bomb Hiroshima Nagasaki Bruce Wayne been a dog
And I keep it 101 Cause I'm feeling kinda spotty
Sippin on some rock and I'm sippin on octane The only thing around my neck is the blockchain
Now I got coin I see where y'all goin'
Man poppin' since web 1 Hella hooked on web 2
I was livin' the going, been popping since web one, hella hooked on web two, I was living
a dream, now I'm on web three, and it ends with the scenes, topping the pyramid schemes,
I'm telling you, I sell you a percentage on that now, and they'll sit it up.
NFT, Twitter, blockchain, see them with the ghosts and we balling like a brown jay, crypto,
crypto, we can make a trade, get the memos, but feels not falling for the FOMO.
Listening to coffee with Kappa, you know we were a wild day loco.
I ain't never gon' stop rapping.
Orlando, yeah, we workin' magic.
We rockin' Ethereum entities.
I just went and caught me a half bass.
Man, I gotta shut up the 40s.
Now I got coin.
I see where y'all goin'.
Been poppin' since Web 1.
Hella hoops on Web 2. I was livin' the dream. Now I'm coin, I see where y'all goin' Been poppin' since web one, hella hope you goin' web two I was livin' the dream, now I'm on web three
And it is with the seams, toppin' the pyramid schemes
I'm tellin' ya, I sell you a percentage on Nebula
Shout out to Vince, yo, set it up
Breakin' them all the truth, why?
But they got knowledge to move, son
I'm shockin' in shades with my brother in suits
Yeah, them blues is comin'
Even though it's hard to pick, eenie,coin, where we dive into all things crypto, NFTs, Web3, and cutting-edge technology.
Remember, nothing here is financial advice.
Early-stage tech can be exceptionally volatile and risky.
So grab your coffee and join Cap and C for today's conversation.
Welcome to the future.
Welcome to Coffee with Captain GM.
GM, thanks so much for joining us.
Appreciate y'all being here.
Appreciate those early GMs, Web3 Warhead and Machiavelli over in the YouTube chat.
They are grinding for our community member of the month.
That's going to come directly from one of our YouTube subs this month.
We are, I'd say a thousand, which we do need to get to a thousand so we can compete with the sun front.
It's really 500.
500 is the magic market. Unlock some fun stuff over there for us.
So I promise you we'll be shilling YouTube subs forever,
but if you haven't yet,
I would truly greatly appreciate you heading over to YouTube real quick,
hitting that sub button.
You'll just get notification for the show,
maybe some,
maybe some shorts,
but it would be a big help for us to get into that next tier to unlock some of
those, some of those YouTube features so we can even further level up the show. And as if you
were here, you saw Katie, Teacher Katie won our first community member of the month in January.
Our February winner is going to be selected from our YouTube subs. Appreciate you all.
In advance, speaking of Teacher Katie, I know she's dropping
those GMs in the abstract chat before I even added over there. And sure enough, she's the first GM
over there, along with Machiavelli, who's double dipping, and Mel back winning in the X chat,
winning, beating everyone with the early GM this morning. I hope everyone's doing okay.
Bloody market. It's read mostly across the board except for my favorite hyperliquid.
That said, if you're looking for a doom and gloom, a bearish space this morning, this coffee will not be won.
I am not saying it's the best time to trade.
I don't know where the market goes from here, but I truly mean this when I say I don't know if I've ever been more bullish crypto as an industry than I am now at this very time in February of 2026.
It's not lost on me.
We'll talk about some of the early title mass exodus, crypto mass exodus rather.
There are some people leaving.
Some of them have booked their wins and they're moving on and doing their next thing, like generational wins.
And that's fine. I don't fault anyone for that. have simply moved on, some quietly, some loudly moved on to TradFi or equities or metals or
prediction markets and to each their own. I'm not rooting against anyone. I hope them all well.
That said, with the death of InfoFi and the crypto creator timeline being cleaned up a little bit, not just from a creator standpoint, I think from a builder standpoint, there's maybe never been a better time.
Now, there's been better times to fundraise in crypto, but I don't know if there's ever been a better time to build in crypto.
And I'll explain why or why I feel that way later in the show.
I'm not the only one who says this, but I'm definitely in the minority right now in terms of my bullish sentiments towards crypto as an industry. I know there's some things still hanging out there.
The House opened an investigation into the $500 million investment into World Liberty Financial.
I don't think that's stuff going to go away. I do think for all the pro-crypto stance and regulation that the current U.S. administration has, you could say it's canceled out with some of the black eyes from the meme coins to World Liberty Fi and backroom deals.
So we kind of saw this coming. Steve actually was one who was concerned from the jump about the Trump meme coin and just some of these
backroom deals. I would say this. I'm apolitical because of a lot of the shady stuff that goes on,
backroom deals included. It didn't just start with crypto. Maybe it's a little more transparent now.
Maybe it's more in the public eye because of these open general public ledgers,
but I don't think this is new stuff. It's not great for the industry, but if you remove price
action, which is very doom and gloom, let me do a quick check-in on fear and greed. I'm guessing
it's even down from yesterday. And we talked about this lags a little bit. Typically, the stock fear and greed is still 42. It actually is up from closing yesterday at 40. So heading, I guess, the right direction there. Crypto fear and greed, however, is nearing not all time lows, but actually, I thought we hit 10. Maybe I thought we hit single digits last year. Yeah. Okay. So November
22nd, a month after 10, 10, we'll call it five, six weeks after 10, 10 fear and greed was 10.
It took, you know, that it was pretty much down only for a month following 10, 10. You can see
things were running up. We were doing pretty good. We're actually
in greed. I think what is the...
What's neutral and what's greed? I got to go to the other chart here. Sorry.
I will get this. As always, thanks for joining. I'm Cap. The stage is always open. If you have
questions, comments, thoughts on any of the
conversations today, feel free to add those in the chat or throw in a request to come up on stage.
I'll do my best to multitask and get everyone up here as requested. Yeah, greed is like 55 to 75,
and then extreme greed is over 75. We were in the greed. I guess I could have looked right here.
This shows extreme greed over 80.
So maybe, again, it's directional more so than it is precise, I feel.
But 10-6 kind of peaked at 62 in the greed area.
And then 10-10 hits and just boom, we dropped a little bit of dead cat bounce.
And then boom, back down to the bottom.
The local bottom, last local bottom was 10 in terms of fear and greed.
At that time, Bitcoin was 85K.
So it ran up from all-time highs to 10.10.
It dropped all the way down to 85K.
You can see this morning at 11, we're at 60.
I can't even get it on the chart.
It's bad.
Let me just go pull up an actual.
I'll pull up the actual price action.
And it's bad across the board, like I said, except for hype.
But majors are just getting pummeled.
Bitcoin down 8% on the day.
ETH down 7% on the day. BNB down 10% on the day. ETH down 7% on the day. BNB down 10% on the day. XRP down
14% on the day. It seems like yesterday that was above three bucks. It's down to $1.36.
Solana, after being the biggest loser of the day before, pretty much chopped. It is below $90 now
at 89, but it's only down 0.3% on the day. The interesting thing here is memes are kind of holding up,
where majors are just getting absolutely murdered. Excuse me, I was looking at the one hour. So let
me redo that. Bitcoin down 8%, ETH down 7%, XRP down 14% on the day, Solana down 6% on the day.
on the day. Solana down 6% on the day. It is down across the board. Doge, I said yesterday,
was about to go into single digits. It is at $0.09 now. It lost that $0.10 threshold.
Cardano, we joked about the 80, pegged at $0.85. It's down to $0.27, down 70% on the day.
Hyperliquid still at 32, only down 4% on the day. And that's a victory lap in this market. I don't want to, I don't want to, I don't want to neg anyone out by focusing on these numbers, but it is, I don't know, could be like catch a falling knife type situation.
maybe we get a bounce.
Historically, when fear and greed gets this fearful,
when we get these sort of massive sell-offs,
you buy dips and you sell rips.
I'm not saying buy any dips today.
This is very well could be catch a falling knife.
The overall crypto market cap down 7.69% on the day.
And we'll get more in like the business and where opportunities
lie here in a bit. But just wanted to get that out of the way before we got into the fun stuff
is why the market or where the market is at. And then we'll talk about maybe how to play this.
And sometimes playing isn't always making a trade, but observing and finding things that you can participate in.
Sands capital, whether you're building yourself or you are just participating the, on the NFT
front, if you look at USD, most things are probably down as well with ETH getting hammered,
but the, there is some shining, you know, some good stories. Some of the teams that have been
winning over the past year continue to win.
In particular, Good Vibes Club up 7% on the day.
Like, I don't care if East Down, like, in a day like this where you're seeing just, like, I haven't even seen the liquidation numbers.
I'm sure there was hundreds of millions liquidated in the last 24 hours.
Once again, when you're seeing those sort of liquidations, most things go down.
And to see an NFK collection, this is an all-time high.
Has Good Vibes Club hit 1 ETH yet or is 0.91?
This might be an all-time high.
Up 7% of the day.
And I think it just further confirms how they're building.
The community they built, the collector base they're building.
It's pretty impressive that there's not
a massive sell-off. You're not seeing people run to the exits. You're not seeing people that are,
oh, I'm over-leveraged and about to get liquidated on Hyperliquid. I need to go move some cash
around. Therefore, I'm going to liquidate my further risk on assets like NFTs. You're just
not seeing that. Did some people sell people sell sure but to be up seven
percent on a day like this is is certainly noteworthy uh eight mutants up three percent
apes up a percent pingu's pudgies are flat again i this is an e-term so yes u.s dollars everything's
most everything is down but are you are seeing some uh some some wins in pockets. And I think it is, even MFers up 5% on the day.
I think some of these
that have built a community
of collectors and brand ambassadors
over short-term traders and flippers,
I think not only are winning right now,
I think there's a reason
you could build a thesis
as to why they could continue to win, continue to grow slowly during a market that is just getting hammered and potentially see some really nice price action if we actually do return to a bull at some point.
That's it.
Let me flip the title here on spaces,
and then we'll dive into some of these other news items.
But it's not just crypto stocks also getting hammered.
And we talked about,
I mean, we've been talking about AI.
I think the, help me,
did we talk about
the Claude
commercials yesterday or was that after the show
when those came out? I'll go pull them up
if so. We probably won't watch them in detail but
I think the AI
wars continue and not only
is it AI wars in terms
of the large
LLMs going toe to toe
against each other, it's also having an impact,
I believe, on tech stocks.
You know, traditional equities are, you know, there was a Bloomberg article, massive sell-off
on several of those, you know, the SaaS apocalypse, if you will.
And, you know, we did talk about ephemeral software.
I know we went down that conversation.
I just can't remember if the chat GPT dunking.
I know we didn't talk about Sam Altman's response.
I thought it was Steve, who's more of a PR expert than me.
He thought it was fine.
I lean, I think it was kind of a self-own.
I think it shows fear.
I think it shows lack of confidence. And I've become not a Sam Altman fan. And I just, I think it's, I mean, he wasn't even named. Like, it could have been any other AI company is not going to be the only one but it also just drives home how good of an ad
it was that not only were they taking shots at like everyone knew if you're connected if you
follow this you knew you knew it was they were taking shots at chat gpt open ai just on the
the verbiage you know and open ai is the one that recently announced they're going to introduce ads, but how well done the ad actually was in terms of the language, it sounded like
something you hear almost verbatim conversation with ChatGPT, even the cadence, how there'd be
a slight delay and how it'd respond, like they nailed it. And while Sam came out and said you know it was funny but i just i i don't know i
thought it was a cell phone i thought it was pretty weak and i think he just called more just
drew more attention to it as opposed to just letting it go and he's very clearly impacted
by it and i think it shows more fear.
And it wasn't just like a, oh, that was funny, but it was pretty long winded rant. They got
7 million views. I got it pulled up on video here. I will read a little bit, maybe paraphrase the end
for those listening in and don't have video pulled up. If you are looking for video, you can go find
the X chat or the X video stream as well as abstract and YouTube are pinned up top.
And quick reminder, if you're heading over to YouTube, hit that subscription button while you're over there.
Sam said this. First, the good part of the Anthropic ads, they are funny.
And I laughed. But I wonder why Anthropic would go for something so clearly dishonest.
Our most important principle for ads says that we won't
do exactly this. We would obviously never run ads in the way Anthropic depicts them.
We are not stupid, and we know our users would reject that. I guess it's on brand for Anthropic
doublespeak to use deceptive ads to critique theoretical deceptive ads that aren't real,
but a Super Bowl ad is not where I would expect it. More importantly, we believe anyone deserves, everyone deserves to use AI
and are committed to free access because we believe access creates agency. More Texans,
shout out Hizzy, use ChatGPT for free than total people use Claude in the US. That's changing.
I wish there was, if there's a prediction mark on that, I would bet that that
is flipped probably shortly following the Super Bowl. There's a lot of people, the only reason
that is the case, I believe, is most quote unquote normies aren't even aware of Anthropic or Claude
yet. ChadGPT was first and it's very normal for tech adoption. You know, there was a time I'm old enough to remember when BlackBerry had won the smartphone race.
It was over.
Like who would even be silly enough to compete against BlackBerry?
That's every business executive in the world is carrying a BlackBerry.
Like BlackBerry won.
It's game over.
Now I challenge all of you to go try to find someone using a BlackBerry today.
Except I see like Girl in the Verse.
There's probably some of you in Canada that could probably walk.
If you're close to Waterloo, you could probably go on the streets and find someone still rocking a BlackBerry today, except I see like Girl in the Verse. There's probably some of you in Canada that could probably walk. If you're close to Waterloo,
you could probably go on the streets and find someone still rocking a BlackBerry. But in the US, I think you'd be hard pressed as most parts of the country. Anyways, I digress. Back to Sam's
post here. We have a differently shaped problem than they do. If you want to pay for JetGPT Plus or Pro, we don't show you ads. So let me ask you this. I still do have my, it's just the $20 subscription,
but I still have the paid version of JetGPT. I've never seen an ad in there. Are ads already on
in the free version? Does anyone use free version of JetGPT? And if so, are you getting served ads
today? And how are you getting them served? I would be curious to know that.
Oxi's joining us, maybe filling some gaps here.
Sam goes on to say, Anthropic serves an expensive product to rich people.
Okay.
Yes, there's a $200 pro subscription, which is the same as ChatGPT's pro subscription,
but you can also access it for free.
And most people, if they're not using it
for Google searches, but actually using it to do things, the free version is, it's a good start.
I don't think it's exclusively for rich people. So if you want to talk about being untruthful
and double speak, anyways, back to the post. We are glad to do that. And we are doing that too,
but we also feel strongly that
we need to bring AI to billions of people who can't pay for subscriptions. Maybe even more
importantly, Anthropic wants to control what people do with AI. They block companies they don't like
from using their coding product, including us. Then they write the rules themselves for what
people can and can't use AI for. And now they also want to tell other companies what their business model can be.
He's making a lot of inferences here and assumptions that, dude, it was a joke. It
was a joke ad, and they nailed it. You could laugh. And if you're going to take shots at them
for taking shots at you, it's like you're stooping to their level
if I'm reading this correctly. Anyways,
we're committed to a broad democratic decision
making in addition to access.
We're also committed to building the most resilient
ecosystem for advanced AI.
We care a great deal about safe,
broadly beneficial AGI
and we know the only way to get there is
to work with the world to prepare.
One authoritarian company won't get us there on their own
to say nothing of the other obvious risks.
It's a dark path.
As for the Super Bowl ad, it's about builders.
As for our Super Bowl ad, it's about builders and how anyone can build anything.
We are enjoying watching so many people switch to Codex.
There have been half a million app downloads since launch on Monday,
and we think builders are really going to love what's coming in the next few weeks.
I believe Codex is going to win.
We'll continue to work hard to make even more intelligence available for lower and lower prices to our users.
This time belongs to the builders, not the people who want to control them.
Again, I think it was just a poorly worded response to something that didn't necessarily need a response.
But I'm also not the CEO of one of the largest AI companies in the world.
I'll put this up top for anyone who wants to follow up with it.
I'll bring Oxy in here in a second, and I'll also grab the original.
So, yeah, I don't often agree with Nikita.
I'm just seeing this for the first time.
I wholeheartedly agree.
This was my, like, removing everything from the,
like, removing all the details,
removing ChatGPT and Claude
and how I might feel about the LLMs.
Nikita nails it.
Com's advice, never respond to playful humor with an essay.
Just say, damn, they cooked this
or make a joke about them and move on.
Like, that's the whole point is it was a joke.
It was a joke ad and they landed the joke.
And by responding like this, it's like,
like you're just like, no one's reading this whole thing.
They're like, oh man, Sam just got owned.
Like he said, it was funny.
Everyone else laughed.
And now we're also laughing at you for,
for trying to create some
serious essay in response to a joke that they didn't even name your company by the way autism
capital says it's funny ad you should have just rolled with it your tweet should just said the
anthropic ads are funny and i laughed and said it's cope and then zach xbt says scam altman
so you can see the comments mostly as I'm skating.
I'm skating.
I'll leave you to read the rest here.
The only one that gets serious is FFV who says, why are you adding ads?
What could possibly be the reason for this?
Austin says someone insensitive. I love how where the ex-elgo works is it absolutely prioritizes crypto Twitter in the comments, at least for me.
And crypto Twitter,
I don't care what anyone says,
like crypto Twitter wins.
Like Autism Capital,
ZachXBT, both out.
Now, I guess Nikita's
just happened three hours ago.
So his will be the most
liked comment here soon.
But point being is
I'm patting myself on the back
because I didn't see that until now.
And it appears that most of the comments agree with me that Sam self-owned himself here with this, I think, ridiculous response to what were funny ads and a joke.
Go ahead, Oxy. GM, what's your take on the open AI versus anthropic war?
Yeah, good morning.
Yeah, so not like, obviously not defending open AI at all,
but so I use both of them.
And I think we're kind of getting to this point where these AI companies are leaving the customer acquisition phase
and they're starting to get into the phase
where they're like, shit, okay,
now we need to start making some money.
And as everyone knows,
it's incredibly expensive to develop these models,
maintain them.
Every time there's a new graphics card that comes out
or a new processing unit that comes out,
they have to buy a bajillion of them
and spend billions of dollars to get the right processing power that they need to compete.
So I think there is something there where a free model and then, honestly, a $20 a month
model does not feel like it's, it's sustainable for any
company, whether it's Anthropoc, OpenAI or Google, anyone like that, based on how much money that
they have to spend to keep these, like to keep these things up and running and going. So like,
I think they're like, I think this is probably just the tip of the iceberg. I know, I know,
you know, Anthropoc's clowning on them and whatnot, but there is something there to where I think this is probably just the tip of the iceberg. I know, I know, you know, Anthropics is sounding on them and whatnot, but there is something there to where I think at a certain point it's going to become unsustainable to allow all these people to use these models for free.
And even I think the $20, like spending $20 a month on something so incredibly powerful isn't realistic.
We can't see into the financials
OpenAI and Anthropic.
What's that?
OpenAI is definitely losing
money right now.
I think Claude is actually doing
well. I think part of this, the unspoken,
I think it's kind of a flex that they're doing
fine financially by saying, hey, we don't need ads.
Oh, by the way, we're running Super Bowl commercials, which aren't free.
And yes, I agree.
It's not sustainable to have a free or $20 product.
But the power users and the enterprise, that's where I think, that's why I think going to pay the bills.
If just like play this out, let's say there is an actual SaaS apocalypse.
And so many of these SaaS, like you and I might think like, I'm not like saying you
I'm not insulting your intelligence or what you do for a living.
Like, but like your average person might use, we might, you may or may not have like a DocuSign
subscription.
You may or may not have a DocuSign subscription. You may or may not have an Adobe subscription.
You may be paying for Office 365, but it's probably minimal.
Most individual users might have $100 in tech subscriptions and software subscriptions,
not counting any sort of content like Netflix or YouTube, etc.
Just software.
In the enterprise world, though, vastly different.
Even small-meaning businesses are probably spending six figures on software subscriptions.
It always blew my mind how expensive it was.
If you've ever used Salesforce in
a corporate environment, or if you've ever been involved in a, in a RFP for a CRM in a corporate
environment, my, I had to pick my jaw up off the floor. The first time we got a, a Salesforce
quote for when we, you know, we sold it,
got acquired by a Fortune 500 company and we're looking to,
they had Salesforce subscriptions
and even though they were already bought and paid for,
our business division still,
like if we use them,
we were responsible for the cost.
So we hit our P&L.
It blew my mind.
Like I just,
and I should have known this,
but it's like,
like basic, basic, basic seat is like $1,500 for a freaking CRM, which I mean,
Von Fronten, I tried to add you, looks like we're having some connection issues. We'll try again here. There we go. So I'm going to go back to Oxy and then we'll go to Von Fronten and it probably
isn't why he jumped up, but I know he's been, I believe, if he doesn't mind sharing, talking about the CRM he's been building with his CloudBot for his Vonga business.
And I think CRM, Salesforce is one that I don't see how they don't get disrupted because they're so freaking expensive.
And while most human individual users might use the free version of Cloud or OpenAI, businesses aren't.
And not only are businesses not going to use the premium version, they or OpenAI, businesses aren't. And not only are businesses not going to use
the premium version,
they're going to be paying for APIs.
While I do think a lot of SaaS businesses are cooked
in the Salesforce of the world
are going to be in a tough spot,
I don't think these businesses are just going to go from,
okay, we spent $1.7 million last year on software to zero. I think it's going
to shift. We spent 1.7 million on these old school SaaS products to where now we're, they might even
spend more. No, we actually spent 2 million on software, but it was all on AI and tokens and
APIs. Like I just, I think that's where, from a business model standpoint, I don't know. I've
never worked for any of these companies. It's how I see this thing playing out. I think the
enterprise giants of the world are so big and they spend so much money on software that for
all intents and purposes, it's just not as good as where we're heading with, and we say ephemeral
software we're talking about from the individual user standpoint and the end of the app era we were talking about yesterday.
I think for these businesses, instead of using Salesforce, which is feature-rich, it can be extremely customized, but it's also insanely expensive.
And with AI, you can build custom CRMs exactly like you want to see without having the bloat that's built in there and the things you got to pay for that you may not be using. Anyways, back to Oxy, and then I am
curious about Fronten's take on enterprise and in particular CRMs and how AI might be, you know,
truly disrupting the traditional CRM business. Go ahead, Oxy.
Yeah, no, I was going to say, yeah, I completely agree. I think OpenAI is losing tons of money every year on what they've built and then their costs associated. And I agree. I think the enterprise side of the house is going to be where the money's made.
you know, in the enterprise version now from OpenAI.
So like, I completely agree.
I think that's where the money's gonna be made.
I think, I just think the issue is going to be the consumer,
like the retail, everyday person side of things.
If you don't have an enterprise version,
I don't think it's going to be like price appropriate
for someone like an everyday user to,
to be able to use these models at a certain point,
unless there's something changes drastically. Like, like, I mean,
if you look at, look at like, like SAP or an Oracle or something like that,
if I wanted to use their, their ERP or in,
in my like local mile pop business, no shot I could ever do that.
I've got to settle for some like shitty off the shelf thing that maybe I can or in my local mile pop business. No shot I could ever do that.
I've got to settle for some shitty off the shelf thing that maybe I can customize a little bit or whatever.
But unless I have mega money,
there's no world where I can use
some of these premium products.
And that's what I think AI is going to kind of turn into.
Yep. Yep. I agree. I agree. Well said.
Vaughn Fronten, GM, sir. Always a pleasure. Feel free to take in whichever direction you like, but if you don't mind sharing, I am curious your specific take on this, not only this SaaS war and the death of SaaS by the hands of AI, but also even something as specific as CRMs and you don't mind sharing a little bit of your personal journey or what you're using it for. I'm like curious as a, as a individual, as a human,
but also I think our audience might find it interesting as well.
Yeah, sure thing. GM everybody. So a few things,
then I'll get into the kind of the SAS CRM thing. So one,
like I'm not a comms guy, but Sam had to defend his mans.
These are two companies that are racing to go public at massive, massive valuations.
I think this is the first blow of what will be an 11-month slog between now and the end of year, between these two companies, because they were both trying to go public.
They are both trying to raise a ridiculous amount of money.
And so they both have to be seen as the leader to get to the valuations that
they need. So I'm, I'm, I'm buckling up. I'm getting my popcorn.
I'm ready for it. This is going to be fun.
The second real quick,
for those who don't pay as much attention
of the actual product releases
and things like that,
I think Anthropix timing
is really, really interesting.
So they are rumored to be releasing Sonnet 5,
which is their latest model.
Sonnet is their cheap, fast model.
Opus is their big, heavy, deep-thinking model. But the rumors are that Son Sonnet is like their cheap, fast model. Opus is like their big, heavy, deep thinking model.
But the rumors are that Sonnet 5 is faster than anything,
smarter than everything they've ever put together,
and ridiculously cheap to use.
So we talked about how much money these companies are burning,
building, and using these products.
I do wonder if Sonnet gives them the efficiency to now go after the $20 a month mass market kind of thing
that ChatGBT has owned up until now.
So I think it was supposed to be released either yesterday or two days ago.
The rumors were they had some issues.
They had to roll it back, and they're going to try again today.
But for them to release their hyper-efficient
mass-market enabling product
and then two days later put out a bunch of Super Bowl ads
is really interesting timing if it all works out.
So to my journey,
so as Cap said,
I've talked about it on the show a long time ago.
I'm building a company, Vanga.
And I always used to joke that ChatGPT was my co-founder.
I have zero full-time employees.
I do work with people to contract.
We do make physical items.
James Costa is my designer.
We have a supply chain.
There are humans involved in the running of my business,
but I don't actually employ anybody.
And I've always like, for many reasons, one, people, you know,
you got to pay people and trying to run a lean business.
And then two, every time I've hit a wall of saying, oh gosh,
I'm going to have to go spend money on something.
The AI tools have evolved to such a point that I'm like, oh, actually I can do this with AI now.
So for the longest time, that was just thought partnership and the things that most people use
the LLMs for, right? It's like, hey, help me work out this business idea. And they made South Park
episodes about making fun of people who do that now.
Then it got to content creation, image creation, video creation, you know, all that kind of stuff where it's like, oh, cool.
Like, I don't have to go and hire photographers and do shoots and things like that.
I can actually go start to make some, you know, creative assets with AI.
and actually go start to make some creative assets with AI.
And so the phase of the journey I'm in now,
for the past, whatever it is now, week and a half,
is I had an old Mac Mini laying around
that I turned into a CloudBot or MoldBot
and now OpenSlaw or whatever it's going to be called next week.
And I'm deep down that rabbit hole. What I will say,
don't believe everything you read on social media. They're not creating their own religion.
They're not renting out their own humans. They're not trying to rebel. It is also not the one-stop
shop. Oh my God, I put in one line of code and it runs my life and i just traded a million
dollars on polymarket 99 of that stuff is timeline you know lies just to get you to watch and click
and get their views up so they can get paid by elon right so be very careful with what you actually
see out there this is not consumer ready product this developer. Get your hands dirty. It will break more times than
it works, but you try to continue to move forward. So Kat mentioned CRM. One of the things that I
do as a business owner is keep track of my customers, right? And you have a sales and
marketing funnel, and you reach out to 100 people,
maybe 10 get back,
maybe three actually schedule a demo,
maybe one actually becomes a paying customer, right?
And it's a numbers game.
It's how all marketing works.
And so I started looking around.
I actually have a really good friend
who used to work at Salesforce.
I started talking to him.
I was like, hey, should I use Salesforce for this?
And he's like, dude, you can't afford it.
You are not my customer.
My customer are Fortune 500 companies
that can drop six figures a month
and have sales forces in the thousands
that they need those for.
I don't make a product for you.
So he's like, okay, cool.
Thanks for being honest.
So then you start looking at smaller versions, right?
And it's not all crap.
Like HubSpot.
HubSpot is a very legitimate, very sizable,
very well-resourced company
who makes a CRM targeted at small and medium-sized businesses.
So I started looking into that.
to that. And they've got some free tiers. They've got some 20-buck-a-month tiers. It's not horrible,
And they've got some free tiers.
They've got some 20-buck-a-month tiers.
It's not horrible.
but they probably have a hundred features in their system that you have to learn and set it up in the
way that they want you to learn and set it up. And they have an API. But of the hundred features
that they have, at the point of the journey that my company is in, I need five to 10.
So I basically, one of the first things that I asked my, you know,
Claude bot to do, you know,
after I had it kind of overhauled some stuff on my website is, Hey,
like I need a CRM. I need, you know,
I need to find a way to research customers to reach out to.
I need a way to track my interactions with them.
And, you know, I'm going to need to be able to analyze what works and what doesn't as this thing continues to go forward.
What can you do?
And it maybe took two or three times to get it to a working spot.
But now I have a custom CRM. I have a web dashboard that it shows me if I want to kind of work with it in that way.
I can just talk to my bot through Telegram. It's one of the cool things about Clogbot. You can talk
to it through Slack, Discord, Telegram, WhatsApp, text, whatever. And I just ask you questions.
And I said, hey, I need to go find 10 more customers
to reach out to today because you don't want to get
nerfed by LinkedIn and look at spammy
and it'll say cool
I did research, I found these 10 customers
here's what they are, here's a custom message
for them based on some recent news articles
about what they're doing, like it does all that
right?
to my knowledge
the HubSpots and the sales forces of the world
and everything has AI
built into it, don't do that.
So I did it. It cost
me a
partial usage
of my Claude subscription
and it does exactly what I need it to do.
So I think Salesforce is going to be
fun in the short term because
Fortune 500 companies aren't going to set up cloud bots.
They need something that is much more enterprise scale.
But I do think that the hub spots of the world, the people who are targeting me as a customer, are in a lot of trouble.
Because I can take a week and a half and build exactly what I need for a lot cheaper than to pay for something
that's kind of what I need. Oh, by the way, even if you pay for the HubSpot, I've never, I don't
think I may have played around with HubSpot. I never used it, actually deployed it. But every
other CRM that, I mean, sales stores include every CRM I've used, you're going to spend a week just
setting it up and customizing it to getting what you want anyways. Like it's not, I've never found a CRM that's just plug and play.
You open it up and it works perfectly and it's, they're either way bloated
and they have way too many fields and features and steps in the sales process that you never use,
or you got to add all that stuff in.
And you're probably going to spend about the same amount of time
customizing any of the CRMs in the marketplace today
when you could build your own for next to nothing using AI.
It's just like, and I do agree,
like probably the most successful,
I can't speak.
Susceptible.
Susceptible in the short term
are the hub spots of the world,
those that are targeting
solo producers, small media businesses.
But I also think it's only a matter of time before... I think it'll actually be either Claude, Anthropic, OpenAI,
Google, someone will build these sorts of products or the ability for enterprise to spin up these
sort of products. And that'll just be part of their, as I mentioned, they will, maybe it saves them a little bit of money, but it's just going to be
better. Or there'll be some entrepreneur like yourself that builds something for their own
use. And then they see this, wow, this is a pretty large market. HubSpot did how many billions in
revenue last year? If I can just go get 10% of that, I'm in business. I think this sort of stuff,
while could someone do it on their own, what Von Fronten did? Yeah. And real quick flyover on,
because you mentioned the cost of stuff coming down. I too am excited for Sonnet. It's not just
the tokens and how efficient it's going to be. Hardware costs are coming down as well.
you know, the tokens and how efficient it's going to be,
hardware costs are coming down as well.
As the models become more efficient,
I know RAM and GPUs are still extremely expensive,
but here I saw this earlier today
where 10-Yan, I'll pin this up top,
he, instead of going to get a Mac mini,
you know, five, 600 bucks,
he just pulled three old Android phones
out of his desk drawer and linked them together.
Now, do you need some technical know-of-all to be able to do this?
Sure.
But he's running CloudBot 24-7 off of three old Android phones.
He says almost zero cost because they were his.
If you don't have the old Android phones, you would have to go buy them.
You can probably buy three of them for less than $100.
It would get the job done.
I joked, I kid you not, I gave away literally hundreds
of old Android phones I had in a box
from my reign in the
repair slash pre-owned business
just months ago.
Kind of regretting that move now, but I digress.
One front, go ahead and get back in here.
Yeah, I think
hardware is going to come down. I mean, the fact that we even started
at Mac Mini and not at a server. you know your own dedicated server is pretty impressive
um and it's only going to go down from there right somebody will find a market here and whether it's
you know right now again we're in hobbyist world right i had an old mac mini i had some old android
phones i had some old cheap stuff let me go tinker around and see how it works and it breaks a lot but boy this is fun to experiment right we're in that mode right now
there you're already seeing companies in china selling prefabbed you know mac mini like
hardwares you know on you know timu or whatever that are cheaper than the 500 right somebody's
going to find a market they'll keep undercutcutting. Hardware's going to come down.
It's tail as old as time, right?
I do say the market that I'm really interested in,
and I put this on the back burner
because I can't walk and chew them at the same time.
So I'm going to build one company
and not try to build five at the same time.
But a friend of mine is actually doing this.
So he's a freelance designer, right? So he does UX, UI design, has worked for huge companies,
startups, Salesforce, all things like that. Many of us hated corporate life, wanted to go out and
find something on his own, did a lot of freelance stuff. He started, he was mad because like, like I just
said, right, the tools that he needed were either they didn't exist or it was, I had to go sign up
for seven subscriptions to piece together something to get my job done. So he started building these little tools for himself just to make his life easy.
Then he started putting it out there on LinkedIn just as a service to fellow designers. Like,
hey, here's something. It's a tool. It does exactly one thing.
But if you ever need this one thing, I put it out there.
It's free.
Here's the website.
Go, right?
And so he started getting traction in this space.
So now he has a company that he is basically saying, hey, if you need, I'll come and you can come use my tools.
if you need, like, I'll come and you can come use my tools.
I don't think he's charging yet.
I don't think he's charging yet.
So he has a portfolio of, like, a dozen or so of these little one-purpose tools
that are out there for designers.
And what that's doing is two things.
One, he's developing his own little following community of designers.
Two, he's getting the attention of other companies now
that want to bring him in and do, like, hey, we don't want to pay for all this enterprise software.
We don't have the know-how or the people.
I'm at least technically able to tinker in this space.
I'm no dev, but I'm in my way off around CloudBot and Mac Mini.
But there are people that have zero skill, and it scares the crap out of them to even touch this stuff right so he's going to come in and he says like i'll
start work monday i will deliver to you the app by friday um and you know and he has a scale that
he charges and that's what he does so he is building an entire little ecosystem uh and business
off of i'll just come in and build your ephemeral software, right?
You don't need to hire me full time. You don't need an IT department. It's going to do the one
thing and then I'm out. And hey, if you two weeks later, two months later, you want a second thing
built, you got my number. Give me a call. So these are the things that this is why I think the hub
spots and things like that of the world are going to be cooked. Not because everybody's going to get
their own cloud bot and build their own stuff, but because there is going to be a market for the people who do know how to do this to go out there and undercut the sales forces and the HubSpots of the world like crazy by building really specific software for people.
100%.
And I don't think I finished my thought earlier, but that's exactly where I was going to go with it.
In fact, most small business owners,
most entrepreneurs won't want to mess around with this.
They would rather, I think,
especially those like think of like your average plumber or electrician or
HVAC company.
Do some of them have a CTO or director of IT that they've been playing around with AI like this for they're
deeper in it than we are sure some do most if they don't have that person on their team I think
they're much more likely to go the route you just said pay someone to come in and help them set up
build them something custom and keep them on retainer. In fact,
has anyone done this yet? There's got to be like, you know, there's like a, you know, fractional CFO and, and, and, you know, like these,
these C-level positions that most small opinion businesses don't necessarily have early on. And
so they, you know, CFO, director of IT, you know, they outsource it and that person,
they base that person becomes a retainer. Have we seen yet like fractional head of AI? Have we seen someone that's
the AI guru that instead of going and working for a company, they, these small media businesses are
just clients and they go in like exactly like you just described as anyone. Like I got to imagine
if, if no one's built a, like a scale to business, like there has to be some in the wild. And I think this is probably, not probably, like this is going to be an emerging market.
Like I'm near certain that when we say like it's not, like talking about how to win, crypto and otherwise.
If you're in an industry where you're concerned that AI could eliminate your role or what you do for a profession,
how is AI going to eliminate that? And maybe you're the one that does it. You're the one that helps build it. And then now you go from working for someone else to you're the one that's
helping all these other businesses get set up and replace your peers across the industry. Are you aware of any director of AI in a box
or fractionalized chief AI officer?
I haven't seen any of scale.
I have to imagine they exist.
Are you aware of any of them?
Not the fractional one.
I mean, most big companies now
have a very senior level head of AI.
Big, but I'm talking-
Executive position.
I haven't seen the fractional ones.
There's a ton of consultants out there, right?
And so I think it'll evolve, right?
So it'll go from, hey, I know something and can tell you how to do something,
even though I can't do it.
You still have to go hire people, but I can help you integrate AI into your systems, right?
And that's probably what's the past two years have been. It's probably what led to all these, the hiring of a chief AI officer
because some consultant came in and said, here's how I can use AI. And by the way, you're going
to need somebody to babysit this. You need to go hire a very expensive person to do it.
I think it'll, I agree. I think it is, there will be a market for that, right?
And again, the Coca-Colas of the world,
the giant companies of the world
will not go down this route.
They're gonna, they need stability.
They need people, they need security
that their stuff's gonna be running 24-7, 365.
But a lot of the smaller ones,
a lot of the ones that are like AI curious or have a really good use case for
it, but not the funds, there's a market to service that entire place.
And like, look,
it's going to be a $500 billion for, you know,
valuation company like Anthropic and open AI. No,
will it be a damn good business to run
that you can, if this is your thing, you can do what you really enjoy and make a damn good
living off it? I believe so. Absolutely. Great. And that's like, if you have a expertise,
if you've been a professional in any industry, you have skills that you could help hone and train niche AI solutions.
Like most of the, like I know, like all the big LLMs, they have something, most have something
that is like their best at that, you know, like, you know, the, the, if you're going
to be vibe coding, most would say, go to Claude for that.
If you're looking for, I don't even know what the best image generator is.
If you're looking for video, I think it's still Nano Banana from Google.
I'm really not certain because they keep changing so quickly.
But from a niche industry specialization, I think the knowledge base that you have could really help fine- fine tune localized models, custom solutions. And yeah,
I think while large enterprise, they already have chief of AIs, most probably will or will be adding
it this year. I don't think many small medium businesses will add that position right away.
I think there's probably a very large market that's only going to get larger because most
won't. It's funny, I was going to drop in the war room this morning. One of my best friend's neighbor
just had a multi-billion dollar exit. They were the CFO of, I think it's public,
they were CFO of an energy company. And like for instance purposes, this guy's done, done. Like,
I don't know the exact, but I'm pretty sure it was
like a nine figure exit and he's starting a family office. And the immediate where my brain went is
like, oh boy, boring businesses are back on. And how do we incorporate this sort of stuff
into the boring business model? Let's say it's just like, I mean, this was happening before
AI got to where it is today.
We've been having the boring business roll-up conversation for, I think, years now, plural.
It just got put on steroids.
Like the ability to make these boomer businesses that have done well, they're profitable, they have a large customer base, to make them more efficient,
to help them grow, to drive cost savings. I don't notice that there's ever been a better time.
And I know it's not easy. I know there's still a lot of unknown. And could things change again
that we're not foreseen in six months from now? Yeah, it's very possible,
but it gets me really excited about... As I opened the show, I've never been more excited to be building in crypto than I am right now in terms of the opportunities that exist.
If you remove price action, a lot of things that we'd hoped for that were like pipe dreams,
like pipe dreams, even a couple of years ago, are now in place.
even a couple of years ago, are now in place. It's happening. The world is coming on chain.
It's happening.
The world is coming on chain.
Real world assets are getting tokenized from collectibles to traditional equities to real estate.
It's happening.
And it's happening on chain.
Not only that, but the new internet, yeah, it's new internet for humans and everything
that can be tokenized and how it can make things better on chain.
It's going to be the internet for agents, I believe.
And you're going to see more and more and more agents.
And so the opportunities here, I think, are near limitless.
It's just different than it's been in the last four, five, six years.
And I don't think that's necessarily a bad thing.
If you look at a lot of these valuations,
even though numbers are down,
if you compare Solana at 90 bucks and its current market cap and the revenue it generates and that
multiple, which is, I don't know, 50 to 100x, just guessing off the top of my head, I'll go do some
actual math here after I hand it off to Fawn Fronten and Oxy. They're not unheard of, but
they're insane multiples of earnings. Everything is overinflated. Even after this massive sell-off, you could maybe make the argument that Bitcoin is a store of value in
digital gold. It's not overpriced. But everything that actually generates revenue, it's really hard
to justify even its current valuation based on the revenue it generates. And I think it's kind
of healthy. I think made this partially as maturing as a space. And while some VCs are leaving and it might be harder to fundraise, I think we're
getting closer to being baked in reality, not just hype and speculation. And I think that's
a good thing. I think a lot of the scammers, grifters, I said tourists earlier, but I think
those that are just purely here for
short-term financial gain, doing some copy pasta stuff. It's not just L2s that are not going to be
able to pull that off anymore. I just think that you're going to have to build meaningful stuff.
You're going to have to, before you have a billion dollar valuation, you're going to have to find
product market fit and start generating some real revenues. Whether we talk about equity,
those tokens tying to equity or not, I know that's tugging on Oxy's heartstrings with that one as well. I just think that it's all still overpriced, mostly, if you're comparing it to traditional businesses, and how they're often valued on some sort of multiple of earnings. It's off the charts, most of them.
off the charts, most of them.
So, again,
back to the more
of the AI conversation, but I think this all does dovetail
well together and enjoying
the chat, looking forward to
there's like one other,
I'm going to go back, we hit on the
Cyberkong's Death Star
yesterday. I misunderstood what it was.
I now understand what it is. I think it's awful.
I think it's blur farming on steroids and I hope
the space does not, I hope it's DO doa i hope it does not even take off at all
because if so it could be really bad for nfts but i'll get to that later let's stick with uh this ai
conversation now hopeful soul ads i just i was just talking to a friend about this exact thing
last night uh she does software development dobbins also in the chat uh mentioned something
similar have an engineer friends who work with claude at their company, having them Claude code something, then recheck by another AI that shipped was complaining on IG yesterday. So interesting. And I think to that point, I don't think everyone is going to love this change. Most people don't like change. They certainly don't like change if they think it's going to take their job.
They certainly don't like change if they think it's going to take their job.
Again, call me the delusional optimist if you want.
I don't care.
I think when there's blood in the water, when people are fearful of change, in my life, in my professional career, that's when I've had the biggest wins is when other people are – I built my first business.
I pulled the open sign on November 17th
of 2008. 2008 was not an ideal time. And the following financial crisis was not a good time
to leave a cushy corporate gig and go into business for yourself. It was not. But where
most of my peers that were way ahead of me in that business were freaking out and concerned
about the economy and what the hell was going to happen. I just put my head down at work and did what I could control. And we opened up 10 stores
in our first year. Fastest growing company in the company's 30 year history from a franchise
standpoint, because I wasn't, I was just worried about, I was looking a little bit ahead in that
case, again, dating myself here, but I thought smartphones were going to change everything.
At the time, like Verizon customers, like a 3% smartphone take rate and 97% of those were BlackBerrys.
I was just like, this is going to change.
And it did.
I could have been wrong, but I ran really hard at a thesis that I thought it'd be right and turned out it was right.
I think we might be wrong on this. Maybe Salesforce, they figure out their own AI solution and they're
better than anything else out there. And they have a banner year next year. Same thing with HubSpot.
That's in the range of outcomes. I just don't think it's likely. And I think the opportunities
exist because a lot of people are freaking out right now. A lot of people in crypto are freaking
out because price goes down. Find me the meme of, you know, first time, you know, on the news.
You know, the, I don't even know what that's from, but you probably don't know what I'm talking about.
Let's do this.
I will get, we'll go Oxy and then back to Von Fronten.
Actually, go Von Fronten for response and go back to Oxy and remind me, Oxy, on the, yeah, I guess if you want to hit on the token thing the equity side you can but
continue continue just you know the ai combo wherever you'd like to take it go ahead von
fronten yeah thanks and i'll be brief because i gotta hop off so i'll switch to listening after
this but um what i will
um so i the i actually i i can you hear me sorry yeah we got you um yeah so this is a no way
page shell i this is actually a service i pay for but there's a free version um if what i
talked about sounds interesting or you're like boy i wish i could find a way yeah it's like the
i think you should leave me like i wish it was just a way i could make some money off this
um and you're wanting to know hey hey, how can you use AI? Things
like that. There is a website. It's called ideabrowser.com. And there's like a free
email newsletter you can sign up. And all it is, is every day they have is, it's all AI driven,
that it goes and says, hey, here is usually a boring business idea that one to a few people can launch.
They do all the research.
They give you all the prompts.
Here's how to set up the web.
Here's the prompt to set up the website.
Here's the prompt to set up the email funnel.
Here's the prompt to set up social media.
They give it all to you.
They are crazy, boring business type ideas, right? It is helping plumbers
with billing. It is doing all these things. But if you are interested in like tinkering and doing
these things, I recommend you check it out. You can, you know, if you don't like it, unsubscribe
from the email, but I, it's, I have found value in it because it helps me. I've done exactly zero
of the things it suggests, but it does help me think of use cases for building and using AI that
I hadn't thought of before. So if you're sitting here wondering, how could I use AI to go build a
business? I recommend giving it a look, ideabrowser.com,
and seeing if any of those things hit.
So again, not a paid shill,
just a tool that I found value in,
wanted to share.
Mesh Mesh was asking,
what's this out again?
It's ideabrowser.com,
I-D-E-A-B-R-O-W-S-E-R.com.
I'll see if I can go find an actual link
and pin it up top.
But again, I just like you can probably tell like I'm genuinely excited and my brain is racing.
I don't I don't really feel that I'm falling behind, but I have an extreme sense of urgency
to not fall behind. And I like we can say, hey, the world's going to change very, very fast over
the next six to 12 months. And then we're going to be six to 12 months out and we're going to be
in that changed world. I don't think we've hit that actual tipping point yet, but most people
probably won't realize it's here until after it's here. And then you're probably in catch-up mode.
Like this, even the concepts we've talked about today, I would be surprised.
Fast forward six, 12 months, like there's probably multiple chief of AI in a box or fractionalized chief AI officer that's supporting small, medium businesses for this exact sort of stuff.
And it's going to happen fast. It's going to happen fast, A,
because AI's evolution is almost unheard of. I saw another chart I'll go pull up here in a second
about how the, why it's, you know, to give you an idea of how fast it's moving relative to other
technologies and hitting critical mass and mass adoption. It's that, it's the rate of
It's that, it's the rate of its evolution, how quickly it's getting better, combined with how quickly it's getting adopted, and then you add in the societal changes it's driving.
It's just, I don't think most are prepared for how different our world's going to look in the very near future.
for how different our world's going to look in the very near future. Go ahead, Oxy.
Go ahead, Oxy.
Yeah, so I want to come back on the needing somewhat like a fractional AI, like I think,
or head of AI or whatever. I think there's probably going to be a world where that's a real
thing. But I also think there's going to be, like, AI is just so powerful
for people that are curious. And obviously, there's going to be a lot of people that aren't
curious. But if I had to look at my company, for instance, my leadership and the people around me
are so curious about tech. I mean, we're all in crypto, so we have to care about this kind of
thing. And we just figure it out like ourselves. And then we create the things
that we need, just like what Von Fronten is saying, because we have this startup and fast
moving mindset to where we want to be more efficient ourselves. So we just figure out
and problem solve a way to do this. And I think more and more people, especially the younger
generation, are just inherently good at this and inherently want to do this and want to learn about the new tech and the new, you know, the new thing.
So I think the idea of a fractional AI, you know, executive or whatever it is, is a great idea.
But I think at a certain point, it's just going to be inherently within us to want to learn and want to get better.
inherently within us to want to learn and want to get better. So we just do it ourselves and
figure it out ourselves because all the tools are basically going to be at our fingertips
if it's affordable, obviously going back to my original point. So yeah, I like the idea for sure,
but I think there is something there about we're just going to figure it out ourselves
and become more efficient and effective at using these tools as,
as we become more familiar with them.
That's really interesting.
I hadn't given this actual conscious thought that
part of what like this adoption in the solo entrepreneur and building these
solutions is not only are like a lot of the, your tinkers, your learners, but it, it, it's
enhancing is the right word or accelerating the learning curve. Like it's, it's helping us
learn faster, right? Like it's, it's almost like a, uh, I'm going to use the word flywheel because I can't think of anything else right now, but it is like a learning flywheel. It's an educational flywheel that's as you learn more, you're like.
on probably anything.
I know Von Fronten had to step down,
but think about Von Fronten.
Now that he's built a CRM that's better
than what he could have got with HubSpot
or Fraction of the Cost of Salesforce,
the next time he needs some sort of software solution,
I'd bet a lot of money that before he goes
and pays for something out of the box
that doesn't fit his exact use case,
he's probably going to at least attempt to build the solution himself.
Right, Oxy?
Like, this is just like, that's, it really is a self-perpetuating learning loop.
And the more people build with, and I guess this is like, I say this not as a dev, not as a programmer.
Maybe programmers and devs, like, this is just how they're wired and how they've always thought. As a non-technical person, as a non-technical founder and business owner,
but yet somewhat technically driven to where I'm okay not having an IT person, a CTO,
and still customizing a CRM or still doing some basic stuff, doing some
basic troubleshooting, but I've not been the one that's going to go solve it. Right. And now
I think before I go pay for anything out of the box, it's not built for exactly what I'm looking
for. I'm going to at least attempt to build it myself. Go ahead, Oxy. No, without a doubt. I am the least technical person when it comes to coding and how APIs work and how memory systems work, whether it's within MD files or whatever it is. I have no idea how any of that works. Python scripts, I don't know how any of that works.
works python scripts i don't know how any of that works but over the last three to six months i've
learned so much just because i've been digging into this vibe coding stuff i've been trying to
learn as much as i can and obviously ai is at the at the you know at the front of all of this because
it's allowing me to learn all of these different things like for instance my wife has an etsy shop
and she was like gosh i really wish i could automate this whole process where if i want to print something, like I could just go into Telegram, send it, send a message and it would print exactly what I want it to.
I was like, you know what? I could probably figure out how to do that.
And I literally built a bot that doesn't use AI, fortunately, like I could use HTML, like scraping of a site to where it could she could literally go go onto Telegram, send a message to this bot.
It doesn't use AI or parsing or anything like that. And it just, it can inherently scrape the
website. And I learned about how the websites are built and how that works. And I built it for her.
And it's just because I had this tool at my fingertips, the eagerness to learn and wanting
to figure it out. And I just, and I figured it out. And it's, it's like, I could have never done that before. I
would have watched hours and hours and hours of YouTube videos and I still wouldn't have been
able to do it. Um, and I don't know, it's just incredible. It is incredible. And I, I am tempted
to be empathetic to those who aren't wired like this. Like to me, it's insanely exciting. I also
can appreciate
how if you're not a builder, if you've never been an entrepreneur, if you've never worked for
yourself, this could be frightening. I get that. And I'm not trying to paint it all as like rainbows
and butterflies. Like I get it. It's a lot of unknown, a lot of uncertainty. I'll just
reiterate again, in times of uncertainty, in times of change,
I think it's some of the greatest times ever for opportunity. It's just, you have to seek it out a little bit. It's not, it's probably not just going to fall in your lap or your email inbox
or a DM today where someone's going to say, Hey, I saw you were tinkering with this thing, or,
Hey, can you come build this for like, it does take a little bit of motivation is not the right word. Like, you're going to have to take some shots and
in doing so, it's likely that you don't hit the first one or the second one or the third one.
And that also is scary for a lot of people. Like, I enjoy getting told no. I, in fact, we're getting ready to go on a,
like a sponsor blitz and do a lot of outreach.
A lot of our sponsorship deals,
a lot of our partnerships have been inbound thus far.
We don't have a sales team
other than Joey landed a nice deal for us
about a year ago, actually.
It's mostly inbound.
People hear the show or a friend of the show
and they reach out to us
and if it's someone we like to work with, then we talk about it and ultimately get a deal done.
We're getting ready to really implement an outbound strategy for not the first time ever, but the first time in a while.
not the first time ever, but the first time in a while. And I'm excited about it, knowing that
And I'm excited about it.
I'm excited about it in this market, which some people probably think is crazy. Like,
oh my gosh, like, especially those that had a lot of their treasury and their budgets in tokens and
not stables. Like they got, there's some that probably have half the amount of marketing
budget that they thought they had coming into the year because of poor treasury management.
I get that. And I understand there's just going to be a lot of no's along the way or not now.
And I enjoy that.
I'm also wired kind of weird.
And I know it's not for everyone.
So I am attempting to be empathetic to those who have never done this sort of thing or it's not for you.
not for you. Whether it's crypto or outside of crypto, I can't stress enough how important I
think it is to experience, to use this new tech, at least familiarize yourself with it and be open
to change, be open to new ideas, be open to potentially doing something a year from now
that's completely different than anything you've ever done before. And I think you're, as a result, I think you're going to see a lot of success stories. I
think you're going to see a lot of individuals that seem like overnight successes. And the reality is
they probably were tinkering and experimenting with AI and some of this new technology for
months, if not years, before one eventually clicking. We'll go back to Oxy and then we'll
bring Joey in here. Before I do so, I want to, before I forget clicking. We'll go back to Oxy and then we'll bring Joey in here.
Before I do so, I want to, before I forget,
I want to show a post from OX Designer.
Von Fronten mentioned it earlier
when he was talking about Claude Bod
and it's not perfect.
It does take, you know,
take everything you see on the timeline
with a grain of salt.
Some of that is purely for engagement.
I thought this was a good honest review of OpenClaw as a non-technical. It requires lots of technicals
to set up, API setup, doing things in your terminal, whatever, but it's the most non-technical
friendly assistant I've ever used. No prompt tricks, no file management, no architecture or
or database designing thingy, whatever.
database designing thingy, whatever. You can just ask it to change its programming and it will,
You can just ask it to change its programming
and it will, especially with its memory
and whatever this new QMD database update is.
No clue, but I installed it.
It remembers things.
Of course, it can be dumb at times,
but you don't need a planning mode
or any fancy approaches.
It has a genuinely good personality out of the box
and just does things.
I really love it.
So I think that's the other thing too,
is don't be scared of it.
Just kidding. You can't, I mean,
if you're, especially if you're doing CloudBot or something like OpenClaw,
you start with a new machine. Don't put it on your primary device.
Don't log in with your bank account or your emails.
Like start with a fresh email specifically for the agent.
Start with a fresh computer or a couple of Android phones,
but you can't break it. You can always start over. Just get an experiment, start using it.
Just like I said, I'm going to start doing one trade a day, even during this market,
just to force myself to, while I shift from trading and markets to, we'll still talk about
on the show, don't get me wrong, but as far as like, I'm not out there flipping NFTs. I'm not out, you know,
having a perp decks on a monitor 24 seven. It's more as I, as I make that shift, it's,
it's the one trade a day will help kind of anchor that I don't get completely out of touch. And I
do keep a pulse on some things. I'm not saying one trade a day is perfect for everyone. Sometimes
it's okay to not make any moves or you're just setting up some
auto DCAs and set it and forget it. But I think it applies not just with trading, it applies with
this tech as well. Like don't let a month go by and you didn't do anything new. You didn't
experiment or learn anything new in the realm of AI. I think that is falling behind. You don't
have to go as deep. You don't have to be running open claw, but just don't let months go by and you haven't learned any new
skills as it relates to AI. I think that is putting yourself at a disadvantage to where we're heading.
Go ahead and get back in here, Oxy, and then we'll bring Joe into the chat.
Yep. And I was just going to say, I think we're in a really good place. And I think a lot of the
listeners of this show are probably in the same mindset.
If we're in crypto, we're clearly very curious about technology and learning new things and
something that, being at the forefront of something new. So I think you're preaching
to the choir with a lot of the folks listening in. And I think it's just important to reiterate
that, which you did a great job of. So stay curious outside of just the thing that you came into.
Bichak said on the show, on the Modern Market show this morning, he's like, we came into
this space and started doing the show as an NFT show.
He said, we couldn't survive as an NFT only show.
So we got more deeper into crypto and DeFi and investments and all these different things.
And it's just so important that I came into the space in NFTs and I know a lot of you guys did.
And it's just like broaden your horizons and make sure that you're upscaling yourself at every chance you can.
So, I mean, I think you said it perfectly, but it goes beyond just crypto and it goes into AI and all the different tech that's coming out.
Yep, absolutely. Appreciate it. I mean, appreciate the kind words, but I'm not agreeing just because
you're agreeing with me. But yeah, it is, be curious, experiment, have some fun. And it doesn't
have to be, I'm doing this to create a new business or I'm doing this to make a big trade.
this to create a new business, or I'm doing this to make a big trade. That monetization
opportunity could come three or four or five or 10 experiments down the road, but you're never
going to get to experiment number 10 if you don't start. And not to be cheesy, but getting started,
it truly is step one. And like, why not today?
Like find something, maybe it's one new skill a month.
Maybe it's one a week.
Maybe it's one a day.
Start forcing yourself to learn, embrace this new tech.
And maybe it's, maybe it's this week,
I'm going to experiment with one new LLM.
I've never done anything with Notebook LM. I'm going to use Notebook LM
every day this week for something. I've never used Claude. Whoa, start there. A friend was
asking me about OpenClaw, and he primarily was ChatGPT and Grok. And I said, listen,
you don't need to run OpenClaw yet. If you want to, set aside time this weekend, fire up a new machine and get it started.
But at first, download the Cloud app on your phone, start using Cloud.
And he's like, well, I've got so much memory.
And I go, I just full-ported.
I full-ported my – you can export your memory from ChatGPT, import that into Cloud and go.
And then you've got that memory stored in two places.
Just get started and see where it takes you.
Joey, GM, welcome to the stage.
What brought you up, sir?
GM, guys, you were talking about like entrepreneur startup, blah, blah, blah, all that stuff.
And like one, I feel like one word you didn't use was we got to be a little like crazy, right? To be, to be an entrepreneur,
to be like part of a startup, you gotta be a little like off your rocker because like the,
the, the type of risks and the type of time and the type of effort and money and all that stuff that you're willing to do to achieve greatness,
I don't think is like hard coded in most people. Like a lot of people, they see the end result,
like they look at like, you know, an Elon Musk and they're like, oh my God, he's worth $850
billion. He's going to be the first trillionaire, you know, or it's even the same when it comes to like fitness, right? Like you see a lot of
these fitness people and people are constantly like, Oh my God, you have such good genetics and
blah, blah, blah. And then it's like, Hmm, this is where I started. I work out, you know,
two hours a day. This is what I eat. Right. And it's the same for business. Like,
you know, you don't just wake up one morning and have like a multi-billion dollar company. You know, I mean,
Bezos is a great example. I mean, that picture of him in his garage in front of a computer, like,
you know, this is where Amazon started. It just, it's, it's you gotta be a certain kind of crazy to want to, to be an entrepreneur.
But at the end of the day, that's why it's also the most rewarding,
the most rewarding career path, maybe, because if you are successful, you've built something that
can probably last generations in your family that gives you time and financial
freedom that allows you to get up every morning and do something you love. But it's hard, man.
Like we're, we're almost three years into BZ. I'm not one of the founders. I'm technically like
the first person they ever hired. So I I'm on that same grind as them. And it's hard. It's long,
it's tiring, it's stressful, but you just got to keep,
keep pushing and believe that, you know, you're going to achieve greatness.
Great take. I agree. And also you don't have to go all in, like start doing this now while you
have a job and it's, you know, your evenings, weekends, instead of watching a two hour movie
tonight, spend a couple hours learning a new skill. Get a little crazy, start experimenting,
have some fun, but it doesn't have to be all in. It doesn't have to be all at once.
I shared this earlier. It was my open to it, which I just got
a like from the legend himself. He says, I have never been more bullish
on crypto because the rules-based order is collapsing and the code-based order
is rising, so short-based order is rising.
So short-term price doesn't matter. As international law breaks down, we will need not just on-chain currencies, but on-chain companies. As post-war order breaks down,
we'll similarly need post-internet order. States will fail and the network will take their place.
We need internet capitalism. We need internet capitalism. We need internet democracy.
We need internet privacy. So we need cryptocurrency. This was him quote tweeting
Cammie from FOMO who says, I'm telling you guys the next three months are about to get wild.
All the smart people will either try to go to one of the few crypto projects with sustainable
revenue and growth, or they will leave crypto completely. We saw three of the smartest people
outright leave crypto in the last 48 hours. She was, quote, tweeting Linda, who said, regardless how I feel about it, I've never
had so many people I respect tell me I should leave crypto. And a couple of comments,
which I missed earlier, was, I pinned this up top, a great protocol politics says enforceable
internet law may become synonymous with decentralized smart contracts, at least in the context of international trade.
And beyond trade, crypto protocols provide transnational protection for civil liberties like freedom of speech and privacy.
This is not yet the entirety of what rules-based order purports to protect.
I don't know why I'm struggling with words today.
But the ability to guarantee free speech and free markets to anyone with internet connection is a major step. And that was from
2021. And Mert, I thought this is also, we might have to coin this phrase. It says,
this is the year we evolved from Web 3.0 to Capitalism 2.0. And yeah, it sums up my thoughts well. I do think that it's a very bullish time
to be a builder in crypto. They also say, you know, builders build in a bear, you know,
the tourists leave and we're there. Like, again, I think that this is a time where,
that this is a time where, while if you're overextended in crypto assets, it's probably
a tough time. And I am empathetic to that. My bags don't feel good, but I'm desensitized from
that. To me, they're numbers on a screen. They'll go up, they'll go down. And would it,
I'm not saying, would it, does it impact my life? Yeah, I guess probably more so in terms of,
as I mentioned earlier, like I would say I'm likely as we start doing more outbound
outreach for partners and sponsors, it will impact in a sense that it'll lead them to probably more
no's. But at the same time, there's a lot less competition.
A lot of others are giving up or partially giving up.
And therefore, it's while there might be less VCs are leaving, fresh money's not coming in, there might be a smaller pool of funds.
I think there's less people looking for their slice.
Oxy, I saw your hand up there.
We'll go back to Oxy and then back to Joey.
Yeah, and you kind of started leading into the area I wanted to talk about. slice oxy i saw your hand up there we'll go back to oxy and then uh and then back to joey yeah and
um you kind of started leading into like the the area i wanted to talk about and um i think it was
you you don't have to go all in on something i think is what the quote that you said and
that i think that goes i mean it goes for everything and leading into this you know
working in crypto side of things a lot of of things, a lot of people are leaving. A lot of people are leaving the industry, whether they had,
you know, good, valuable positions, or they were just, you know,
at something that was never going to survive anyway, a lot of people are leaving. And I think
this offers a tremendous opportunity for people to work in the industry when the competition is very,
very limited. And just like what I've talked about this before on the show, I started in crypto,
and it was a part-time thing. I worked at night or early in the morning just to get the experience
that I needed to land the position I am in today. And it's because I knew what I wanted,
to land the position I am in today. And it's because I knew what I wanted, but I knew that
I couldn't like full port gamble with my career by, you know, you know, trying, you know, trying
to take on a job that, you know, wasn't sustainable or didn't have the long-term range or whatever it
was. So I did it part-time and it took a lot of work. Obviously I worked, you know, at nights and
in the mornings and, um, and all of that. So like you said, you don't have to go all in and just like, be like, all right, fuck
Like you can, but you don't have to, um, especially now that you have an opportunity to get, get
experience when the competition is, you know, shrinking because people are leaving, get
the experience that you need and then find that position that is sustainable and long term and in the right role for you.
Because I don't foresee once regulation comes through, once this kind of cycle that we're in ends, it's really hard for me to see another opportunity like today come around in the next 10, 15 years.
Great way to put it. And I'll say this, hey, maybe we're wrong. Maybe things just go completely to
zero and there's no one left in crypto. All these businesses that are coming on chain, all these
banks and everything is getting, maybe it all just, it goes to zero and everyone pivots back and no one uses this stuff. It's possible, I guess. But as far as opportunities go,
those opportunities are far more, far less competition today than in the world where
all Bitcoin and ETH and everything's at all time highs and VCs are flooding back in. Like,
it's much more challenging to get a foot in the door
in those times than it is right now.
And again, you don't have to be trading every day.
You don't have to be buying anything.
You don't even have to touch the markets.
But I can't stress enough, pay attention to all this.
Pay attention to what's happening on chain.
Pay attention to AI.
Experiment.
Zane, I think, says it great in the war room. I hope he doesn't mind me quoting him,
but it's spot on. He says, I think a good place to start with AI is to be super selfish.
You don't need to learn everything. Just learn the things that will make your life easier and
give you time back to do more of what you actually want to do. I've used AI to automate reporting
slash data so I can have way more time for actual
creative work. And I've created a system that creates really solid YouTube thumbnail mock-ups
based on my prompts that I can attach to my creative briefs for YouTube thumbnail designers.
But I'm not learning how to vibe code a website or set up automated bot that manages my finances
or whatever. And I think that is everyone's journey is going to be different.
And maybe some need to go deeper than that.
I think for most people, that's the proper approach.
How can it help you in your day-to-day life?
I'm similar in the sense that I've not vibe coded a website or a new
app or even a CRM, but I use AI every single day and it makes me more efficient every single day.
Like I'm not just using it for what I would use a Google search for. It's sometimes it's for the
show. Sometimes it's for research on the upcoming NFLfl draft because i'm feel like i have an i feel
like i have an edge and i'm drafting justin field so that's a whole nother story for another day i'm
not gonna go there i promise pain um i'm gonna i'm gonna save myself because my brain just it
hard pivoted into best ball drafts and football and uh good luck to the patriots this weekend by
the way i'm i'm rooting hard for the Patriots.
All my player prop parlays involve a,
either Patriots money line or Patriots plus four and a half.
So I'm hoping they pull out some Tom Brady moxie this weekend and win it,
win, win another one. But let's do this.
Let's go back to Joey and then front to gone. And then,
and welcome to the stage, by the way, Joey,
take it whichever direction you like.
I actually do have not the exact
post that you shared in the war room
we don't need to go
comment on individuals but I
do have that
Death Star thing queued up to talk about here in a minute
but take it whichever direction you like
then let's go Frentagon and then Joey if you don't mind I am
going to go I'm going to go grab a coffee
I'll be right back if after you go
hand the mic to Frentagon and when Fagon, when, when Frentagon's done, if you want to come back in
and hit on that Death Star thing, I'll be back by then. Yeah. Um, the, I post, I shared something
in the thread for the, for, for the show. And I, I don't, if you're a big believer in crypto, and what I shared was, we all wish we bought more
Sol when it was sub $10. We all wish we bought more Bitcoin when it was sub $30,000. We all wish
we bought more Ethereum when it was sub $1,000. We could all look back and be like, man, I wish
I bought more. I'm not an expert. I don't know if this is the bottom.
But if you're a big believer in what's being built here, there's no reason to stop DCAing and are we at the bottom and all that stuff like that. So I would just say,
like, you know, and the wealthiest people in the world, like 2008, when the real estate market
crashed, the wealthiest people in the world didn't sell off their assets.
They bought more assets.
And I know we're not seeing that right now in crypto.
We're seeing a lot of people sell off.
But if history repeats itself, people are going to start buying and it's going to change.
I'm not an expert.
Don't listen to what I'm saying.
But I think we've all been here long enough to see that when it's an opportunity to buy,
you probably should buy.
Go ahead, Frennegan.
Hey, GM, everyone.
I haven't been here in a while,
so it's good to be back.
I just want to go back to the topic
that you guys were talking about, AI.
It's important for people to know that
AI, it's moving in a very fast pace.
And there's a little, unfortunately,
there's a lot of people that they're going to fall behind,
especially the people that they're using, for example,
ChatGPT to fix an email or help me to create a caption.
That chatbot thing, it's two years behind.
The entire internet is gonna be re-engineered
in my point of view.
There's no need right now, for example,
for you to go and pay that subscription
because you can, if you have certain type of knowledge you can build your own
things and that's when the sas model it's um it's about to change um so my recommendation is
for example um open clawed or clawbot like people call it it's a first layer uh for people to start
touching ai um and i suggest people to just start like interacting and because it's i i think that
it's a lot of um a lot of things are going to change in the sense that we're probably
not going to do browsing anymore. Um, we probably not going to use a thousand apps anymore. Um,
so it's a good time for, to build something just to have a product out there when everything,
um, change, um, because this is going to be stupid and crazy.
And it's good for everyone to start such an AI.
Yeah, no, I agree.
It is not only good.
I don't want to say it's required, but I do, I think that those who aren't experimenting, those who aren't at least attempting to use some of this stuff at some level, I do think that's where regret sits in six to 12 months from now.
I don't want to say it's required, but I do.
Really enjoy the conversation.
Captain, let me just say something else.
Captain, let me just say something else.
AI right now is limited by humans.
In what sense?
In the sense that the AI that we know today, probably in December, is going to be crazy smart.
So creativity is going to be the new restraint uh in the market it's not going to
be compute it's not going to be how smart is the the model it's going to be credit um creativity
so um that's uh where we're heading and i think that we need to start thinking out of the box
we need to start thinking that someone can create a new Spotify that maybe works different or act differently.
A lot of things will change.
And it doesn't matter how big is the corporation.
I think the disruption is imminent.
And, yeah.
Yep, I agree.
I do want to hit on, I really enjoyed the AI conversation.
There's a couple other topics I want to hit on before we get out of here this morning. But before we move too far away, on the topic of vibe coding and using AI,
got to give a shout out to one of our favorites.
Dort has vibe coded his first website, vibe coded website here over the weekend.
I will share the post as well.
He says, want to do experiment with vibe coding on Claude.
So I made spottyvibe.xyz
for the Good Vibes Club community. It answers a simple question based on its traits. What music
might my vibe be listened to? This is just for phone only and not officially affiliated with
the project or team. Just took a couple of days of casual coding and obviously a work in progress.
You can take 30 seconds just to check it out or pull up a random GVC NFTs for a while to explore
the collection. Probably best enjoyed on desktop.
And if you have a Spotify account, check it out.
Break it.
Let me know if you like it or don't.
Literally just a little fun exercise for me
so I can wrap my brain around vibe coding concept.
I'll keep casually working to improve things
and or add little features as time allows.
Zoom in, vibe out.
I love it, man.
Well done.
Proud of you.
And this is exact. I mean, not exactly what I'm
talking about, but this is what I'm talking about. If you want to go beyond just using
these LLMs on a daily basis to help make your life more efficient and you do want to start
vibe coding, do something like this, do something fun. You don't have to disrupt the CRM industry with the next greatest, you know, vibe-coded CRM.
You don't have to go that deep.
Start around with something fun, something that you'll get a kick out of, something that's fun to experiment with.
And I appreciate you sharing because this is, I mean, this is, pun intended, spot on.
And I love it.
I will play around a little more later.
I'm going to pin this up top for those that haven't seen it yet. But go give, not only go give Dort some, some love on this, go check it out,
but also go give that post some love as well. That would be in addition to the YouTube sub this
morning. If you're going to do two things for us here on the show, go give, go give Dort some love
on that tweet for leading by example and, you know, great.
Appreciate him as a friend
and also just being a leader in this space.
This is, when we talk about
builders building a bear,
this is a very simple example of that.
You know, he's, you know,
might Dort buy NFTs over the next six to 12 months
by buying crypto? I have no idea, but I don't see him going anywhere. You know, he Dort buy NFTs over the next six to 12 months by buying crypto.
I have no idea, but I don't see him going anywhere.
You know, he's going to continue to do what he does in his day to day life.
And there's a lot of community here.
There's a lot of great people.
There's a lot of ways to engage others, to build relationships, to have some fun in this
space.
And we are at the intersection of blockchain tech and
AI, the bleeding edge, I would say. And there's, you know, you never know, you might vibe code
something as a fun casual project that catches the eye of someone else that leads to the next
opportunity. The next door is opened because you took, you know, a weekend and vibe coded a fun
website that is just for fun. He's not looking, I don't think anyways, to monetize this
or make it the next big thing, but it's a great start.
And another place to start, shout out to Katie for sharing this
because I missed it before we get into the last topic of the day,
which is going to be this death strategy.
And boy, I'm not a fan and it doesn't seem like the space is either.
So I hope it is not well received.
If so, it could be bad news for NFTs.
But this, Katie shared from ex-creators, it wasn't just the $1 million prize.
They're running it back.
This weekend, video takes center stage on the timeline.
We're awarding $1,500,000 and $250,000 to the top three videos about Grok created with Imagine 1.0.
created with Imagine 1.0.
Create an ad that shows off what makes Grok powerful,
hilarious, truthful, or game-changing.
Your video must be created with Grok Imagine 1.0,
be 30 seconds or less,
and be submitted by quoting the original post in this thread.
Entries will be judged primarily
on verified home timeline impressions.
Only U.S. users are eligible.
Apologies to all of our Canadian friends, but the Super Bowl is a U.S.-based sport, I guess, for now anyways.
As always, content that violates our policies is not eligible.
The full terms are there.
And the last post, they say, this is what Video on X is about.
Creativity, impact, and culture colliding in real time.
Bring an idea big enough to shape the timeline.
Agent says, US users only, so lame.
I'm not sure what that's about.
I don't know why they would just limit it to the US.
I'm guessing there's some,
I'm guessing there's probably some sort of like internet – some sort of sweepstakes law.
I mean it's not a secret.
They've been getting just lambasted with fines and fees in Europe.
And so I'm guessing it's probably just them playing it safe to where if they did roll this out globally or included Europe, for instance, they would likely get hit with some sort of fine or fee for doing a raffle
that some administration or regulating body over there didn't approve. I don't know. I'm just
guessing. But I'm going to experiment this weekend. This will force me to create some videos
with Grok Imagine. Was not on my to-do list this weekend. Haven't done that yet. Do I have any...
not on my to-do list this weekend. Haven't done that yet. Do I have any, like I'm a delusional
optimist, but I don't have any visions of actually winning the million, the 500K or 250K,
but I'll experiment with a little bit. I'll create, maybe I catch lightning in a bottle,
have some fun. I think while I'm not expecting to win six or seven figures here,
like while I'm not expecting to win,
you know,
six or seven figures here,
I do think we'll see a lot of this on the timeline.
Some of you are going to hate it.
I think it's possible.
We talked Monday morning and our favorite Superbowl ads,
mine's probably going to be Claude,
the ones they've already teased,
but I think our favorite Superbowl ads,
it's likely if not
certainly possibility that some of those are not on the tv but rather they hit our timeline during
the game and it's the the you know maybe not even the winners but i think you'll see some some good
creative content out of this and i think more so than don't do it for the prize. The prize is going to drive it.
And like I said, some I know will hate the cluttered timeline of Grok and Magic videos.
But use it as a little bit of extra motivation or incentive to learn something new.
And open up your mind to what you possibly could create using AI.
In this case, videos.
But yeah, Katie, thanks for sharing.
I appreciate it.
That's just X creators is the handle and go.
Good luck.
I do hope someone from CT takes that down again.
I'm not going to share it because it's.
Well, I'll just say this.
I'll just say this. Beaver, who won the last million dollar prize,
Beaver who won the last million dollar prize.
rocks in the lady PFP and has had some colorful commentary on the timeline to where some reporters
reached out in the DMs and questioned things about that. And he quote tweeted, he screenshot
it and quote tweeted and said, you no longer need a PR agent. So I'm going to say on the topic, if you want to go explore yourself by all means. Yeah. Anyways, hard pivot into CyberKongs and
this Death Star. I don't get it. I don't know why they would do this. We mentioned yesterday,
it had just launched and there was a sweep on
CyberKong. It sent the floor up like 60 some percent or something. And a second here, I'll
go check and see where it's at currently. I've got two postal share that if anyone wants to get
in here on this or anything else I've talked about today during the homestretch, feel free to do so.
This Roto says, CyberKong are launching a strategy and they want to nuke NFT collections
to zero. Their variation of
TokenWorks NFT strategy. So yesterday
I thought it was a TokenWorks
token.
And that's what sent the floor
small collection, only a thousand of them.
So without doing the deep research, I just
thought, oh, that was
it's just they're launching their own strategy token.
And I thought it was weird that it would send their floor running so much.
That's actually not.
They're launching their own version of TokenWorks, which instead of relisting an NFT 20% above floor when they buy it, they're going to relist it 20% below floor.
They call it an arbitrage opportunity that offers users an opportunity to trade and collect NFTs.
They must have been hibernating because the last time I checked, nobody is buying NFTs.
Over the last month, major collections are already down 20% to 40%.
If they have balls, they will launch with Kongs because it will get sent to absolute zero.
When Vibster launched, they accumulated 29 NFTs during the first day of trading.
In the case of CyberKongs, this would cause the floor to drop from 1.75 ETH to 0.004 ETH. Surely at these price levels
people will buy, but it remains a net negative. Why buy when it's guaranteed that the floor will
get nuked again? And not even talking about the 20% value that is destroyed with each listing,
oh, the best part, Death Star holders can vote every three days on which project
becomes the next strategy target.
So if you really hate the collection, if you really hate a collection, make sure to accumulate Death Star and go vote.
This is like blur farming on steroids.
So we shared this yesterday. I did not read the full article. Shame on me.
But yeah, it is not a NFT strategy Death Star token. It is like they're really leaning into the dark side here
in attempting to speedrun NFTs to zero. J-Bond had something similar to say.
CyberCox came out with their own strategy. Maybe I'm mistaken, but I do not believe it
has anything to do with token works. I think they're building their own platform calling it death star you using that same str at the end to to connect it to strategy says death star inspired by vader
death star selects nfts buys it at the floor lists at 20 lower that detonates nft floors
gives holders buying opportunities here's how it works every three days holders of at least one
death star get a vote which collection they would target among predetermined lists death star uses
nine percent of its trading fees to sweep the floor of targeted NFT collections.
Death Star then lists the swept NFTs 20% lower than the floor price.
Sold NFT proceeds go back to their treasurer by Death Star and burn it.
Why?
This has a chance to increase liquidity flow as humans and bots will likely go for NFTs listed at lower price.
However, it could also detonate collection floors.
Now, going back to Kongs,
I just wonder if CyberKong's NFTs would be airdropped
or dibs in buying Death Star first.
If yes, that could explain why the collection pumped
leading up to the announcement.
In any case, we'll be watching this.
It'll be a fun experiment.
Kudos to CyberKong's.
I disagree with the fun experiment and giving them kudos.
It is an experiment, so I guess they get credit for that.
But man,
seems like,
yes,
with most things,
there's a range of outcomes.
It just seems much more likely to be a very bad outcome than a positive one.
And I,
I'm not,
I'm not looking forward to this experiment played out.
What'd it say to you,
Joey?
Yeah,
I think,
well,
first off the floor at cyber Kongong is 1.6899.
So I guess it's down 15%.
It looks like it went all the way up to like 2 ETH.
And then it's kind of gone down from there.
So here's the thing.
Depending on the, first off, clearly kong's is on their villain arc
because i don't see how anybody in this space is going to be happy about this
but what's interesting is depending on the collection they go after will determine the
outcome because you look at a collection like gvc that has a strategy token that eyes up the floor NFTs and relist them,
it's not going to have, maybe I'm wrong, I haven't done the math,
but I don't think it's going to have a huge impact on a collection like Chimpers or GVC
if they go after them because their bot, their strategy, I don't know,
I guess it's their strategy bot or whatever, has liquidity to go up and buy these relisted NFTs and then list them 20% higher.
But I'm tracking until do they have the liquidity?
Because I don't like, let me, I'm just going to do the math, right?
Like, go ahead.
Sorry.
I was just going to say, like, I don't think most of them are, because they constantly buy, I don't think many are sitting on a ton of ETH in their vault.
I'm just looking at Vibester now.
vibster now they're heard they're holding 0.75 eath so if death star goes after gvc and they buy
They're holding 0.75 ETH.
one and they're currently at 0.9 they relisted at 0.75 yeah the vibster contract can buy one of
them but that's yeah well yeah so i guess you know i'm saying there's just they're not they're not
sitting on a ton of eath because they constantly are buying so i just maybe maybe i'm missing it maybe it's just my brain has i didn't realize they only
had 0.75 i didn't check the contract i was just thinking in my head that maybe those collections
would be able to withstand this but the collections that don't that like if they went after i don't
know like if they went after who's around one ETH right now, like Azuki.
Right. Let's say they went after Azuki who doesn't have a treasury, like a like a strategy treasury to buy up NFTs.
They could realistically, like like people are saying, send Azuki to like point two point two five.
Right. Like and then like, how is that good?
And especially for a collection
that doesn't have royalties,
how does that benefit them?
Now, like, or even like a Moonbird, right?
Like if they went after a collection like Quirky's,
that actually could help
because Quirky's migrated to the royalties contract.
So, and they have a strong community.
So that community is like, okay, hey, listen,
you want to buy?
We're making royalties off of all your buys.
Our strong community,
we know that they'll buy them up
because they're so cheap.
So like, I guess it could have a positive impact on some,
but I think as a net net,
this whole idea is probably a bad idea
and you're going to have a negative impact.
I feel the same.
Maria adds, they already have favorite friend collections that are quote unquote safe and won't be included like GBC and I can't remember who else.
So it does seem like they're going on their villain arc.
And while I I guess
collections
yeah I guess that
yes it could work out maybe it's a
positive thing
I hope
that's the case to me it seems
more likely that it'll be very PvP
and it'll be like Cyber Kongs
going after other collections it just
just feels gross uh i'm i'm i'm this is i just one opinion uh i love zane who says okay this
death star thing is awesome i don't know how many people will be interested more than the day
especially in this environment but he thinks the mechanics are fun it's different i'll give them that but i can see it going really bad uh i mean maybe not
really bad but i like if it just destroys one collection imagine being on the team that that
like you're you're working hard you're shipping you're on everything right and then this mechanic
this this contract comes in and you wake up tomorrow morning and your floor is down, not 20%, but your floor is down.
You went from using Izuki's example. Just imagine if it plays out like Izuki goes from 0.75 to
0.0075. Now you would think, okay, so there's more buyers can step in. I just,
or more buyers can step in. I just, this, I think the experiment would be more fun in a raging bowl
or even a mini bowl, even just where people are collecting again, speculating again,
volume's just down. And I don't know. But it would also help with royalties, right? Like if
you're going after collections that don't have royalties yep what's
the benefit like the benefit is what new people can buy because it's cheaper so you get new holders
i mean that's not spending it i don't my read is that that's this isn't like oh we're gonna help
more we're gonna we're gonna help new people get into these collections they want to get into that's
how they're spinning it i think it's more of like this villain arc and they're just trying to take
out other collections is how I interpret it.
But that's just,
I agree with you.
But again,
if it's a collection that has enforced royalties,
that hasn't had a lot of sales.
Right.
So like,
like,
like think of a collection,
maybe that is still surviving,
but there isn't a lot of trading.
And if they haven. And if they have
enforced royalties and Death Star comes in and starts buying up NFTs and then relisting them
and kind of igniting a little bit of some trading with those enforced royalties,
that's a nice little influx of money for that team. But again, that's only if you have
enforced royalties. If you don't have enforced royalties, all you're doing is just crashing a
floor without any benefit to the team. Yep. It's an experiment. I'm not going to be too hard on
people experimenting in this place. Dor Dort says Kongs versus punks.
Can't wait.
I mean,
core memory for me in my NFT journey was the war on the floor.
And then apes versus punks early on before PVP got out of control.
I actually think I like producer Payne's take on this.
I think this would be an interesting mechanic.
This would be one I could get behind.
So I was hoping it was going to be
some kind of burn mechanic
where it could do my dead NFTs
for pennies on the dollars,
not a Death Star,
not really a Death Star what they're doing.
Like instead of relisting them
for 20% below four,
or simply burning everyone,
that, I mean,
now you're reducing supply.
Now you're, you know,
I don't know.
I think
it's probably going to be close to a nothing burger
because
volume is down right now
and I just... I don't know.
It's certainly going to capture some attention.
It's certainly going to drive some
views and eyeballs.
Especially if it does play out like Roto
described and you see a collection
again, I'll use
the Izuki example, you see a collection that goes
from .7 to .007
like
it'll be flat out war on the timeline.
People will be pissed.
The people coming into that collection, it's like I don't think
they're going to be welcomed with open arms. I could be wrong.
I hope I am wrong. Jeremy, welcome to the stage please tell me that
v friends isn't uh isn't the target number one from the death star team hey cap good morning
uh it's been a minute um honestly i wouldn't mind it personally okay oh and i i'm a little i'm very open on this i would i love to see like the narrative flip
i don't know how it's going to play out but i hopped up because i think there's a very important
variable that hasn't been discussed and you just brought it up it's like which collection is it
going to be targeted at yeah because if you target it at a collection like Azuki, which has had such a legacy premium, you're like, you know, kicking someone while they're down.
If you targeted a collection like BeFriends, we've got dozens of people who would love a 20% discount on an entry.
on an entry and you know we're going to welcome them with open arms wow i think i think the the
And, you know, we're going to welcome them with open arms.
Wow.
other variable is like there's a big difference between targeting the death star at a collection
on launch versus a month from now when there's not you know i think conservatively you see like 25
to 50 eth get loaded into these strategies on launch from all the startup volume so i mean on the one hand
like i almost feel like they should target it at themselves like i feel like that's maybe the
noble thing to do but but more realistically they should target it at punks or something that has a
really high floor that people would love to get into at that discount and because 20 is so steep that for
a lot of these collections there's just going to be that instant arbitrage the bot will buy it
except the weath offer and then list it and then and then it'll probably get listed again
for to whoever that flipper is right but if you if you target it punks like i think punks will
recover like i don't know maybe a sam spratt collection or a Fidenza's or a Squiggles.
I feel like even Squiggles is a little too low.
You need to target this at a double-digit ETH collection
so that people who are on the sidelines looking at the USD conversion of ETH right now
and otherwise have a kind of grail,
like it's their grail to be able to grab a punk
and suddenly a 20 or a 10% discount
after the ETH offer gives them that opportunity.
And because three days is a long time
to deploy 20 ETH into a collection that's sub one ETH,
then you're making a wall that is 20% lower
versus actually giving an entry.
So I think the target collection is really the big variable here.
I agree. Well said.
And I'll back down my dislike of it.
It is an experiment. It's different.
You bring up some very good points.
And the mechanics matter, right? Like the collections they choose matter. The timeline, the timing matters. And it's Maria did appreciate the help there. She grabbed the, there's a video from yesterday and live with another episode of chart monkeys uh she also i think it might be going to maybe it's
a daily stream it says says start oh no around 15 minutes into that video is when they start talking
about uh this death star thing uh so that's pinned up top i'm probably gonna go watch it after the
show if anyone else wants to check out she mentions their stream in the stream they mentioned that
doodles azuki and moonbirds are already selected, not sure which one will be first.
Moonbirds would be interesting.
And if I'm not mistaken, they'll launch the token and those that hold 1,000 are going to vote of those collections.
Moonbirds would be interesting because it has somewhat of a floor because of the token allocation that,
that like moon birds aren't going to go to zero because as long as,
unless the bird price goes to zero,
because you're,
you know,
the,
you've got future token allocate for future burb allocation there,
by the way,
did pull back.
the,
the market makers were not,
did not hold 300 million floor.
It's right now down to about 230.
I don't know why I can't see the act,
but we'll call it 230 fully diluted.
And those will be interesting to follow.
But my point being is that
their buyers will certainly step in on Moonbirds because there's a financial incentive to do so.
Azuki and Dude, though, I don't know.
And it just like.
You know, I think I think it's probably somewhere in between.
Right. I think it's probably somewhere in between that, like, oh, this just plays out perfectly and brings in in some new great community members and they get in at a discount a grail that they've
been looking to accumulate forever now they had a chance to do so whereas roto was on the complete
other end of the spectrum is like this is going to send he didn't use azuki like this is going to
send azuki from 0.7 to 0.007 that's probably also unlikely right right? At some point by our step in, I just,
I guess where my brain first went,
I really don't want to see a team that's actually really out there building
get decimated by this.
To like get just
like truly killed by this.
Not truly, but you know what I mean?
Which as much as we might not like it
is kind of the emotional
objective, right? Like the Death Star branding is incredibly creative. which as much as we might not like it is kind of the emotional objective right like the death star
branding is incredibly creative like credit for that like i you know you just got a hat tip even
if i don't like yeah i'm kind of like queasy at the thought of like how it's gonna play out
but i wish they would target it at something that they know has latent demand versus something like a Doodles or a Zuki, which they do have latent demand, but it's not like, it doesn't feel like a powder keg.
It's not like there's a short-term catalyst that people are, yeah, I just don't know that people are like space-wide looking for an entry versus something like, I don't know, Punks comes to mind as like, it would be a really good win for a lot of people.
Otherwise, like, I'm worried about, yeah, I don't love those first three options.
That's where, like, I don't mind Moonbirds.
I really do think Moonbirds, not just because of the token,
but they've got a little more motion right now.
They've got, you know, I mean, I don't know. Like, it's going to
be interesting. I'm going to be paying attention. That's for sure. Like, not even as a, probably
not as an actor participant, but I just, it is something new. It is something novel. Holy cow.
And I guess that was my first gut reaction is it made me queasy. That's a good word. Like,
maybe queasy, like for doodles for a Zuki, like, oh man, this could do real bad. Probably doesn't.
But yeah, do it on the V1 Punk. I'd like a 21%.
Even at 20% off, I'm not buying a Punk right now.
And I also think there's also Punk. Buyers would step in.
But yeah, fire off at a V1 Punk. Bring that down from 1.6 to like 0.68 and I'm in.
Doodles, just to give the numbers, Doodles sitting at 0.42, down a percent on the day. Azuki at 0.7, down 2% of the day.
And Moonbirds are back up to, or they're down a percent, but still 1.14. Like I said,
because they have that token allocation, there's also some buyers will step in at some point.
I was talking about the NFT winners over the last day, and I would be remiss if I didn't shout out VFriends, especially with Jeremy on stage here.
Not to glaze him, but up 8% on the day during this crypto bloodbath up to 1.26 each floor.
And I've said it on the show, so I can say this without coming across as a pure glaze because
you're on the stage v friends isn't getting enough credit from the collector base they built
the fact that in in this current market they've held up it's like i don't want to say it's a it's
a it's a stable coin of nfts but you know relative to the other NFT collections,
VFriends has outperformed almost all of them,
except for maybe Good Vibes Club and Chimpers
and some of those that have had to come up,
you know, in the past year.
It is really impressive.
And I think it's a testament to Gary, the team, yourself,
and how you're building with this this collection and i would love to say
it is just the rookie card but i i am appreciative of you've found ways to while no promised utility
any promise utility is done the three years the conference came and went but there's i think part
of i think a big part of utility is access.
And I think that's one of the things that VFriends does as good, if not better than anyone in the space, by making your brand loyalists, your brand ambassadors really feel a part of something and getting that support from the team, from, you know, from Gary.
It's just like, it isn't, I think Payne might have reached out, but it's one where I sometimes
need a reminder.
It may not hit my timeline.
I may not hit my feet all the time, but I'll tell you to your face or at least your ear
since you're on the stage here, don't be shy.
If there's an activation, if there's something newsworthy, feel free to ping me with a DM
or Payne and we can do our part to better amplify some of the things be friends are
doing. It's not just a price thing either.
It's not just because rep 8% of the day or 1.26. It's,
I do believe that there's correlation causation there that the reason they've,
they've held or climbed is because a lot of the things the team is doing and
Gary from the jump has been building with a, you know,
a long-term timeline.
And I think you're seeing some of that play out now in,
in this current market. So well done, please pass along my kudos to the rest of the team. And I think you're seeing some of that play out now in, in this current market.
So well done.
Please pass along my kudos to the rest of the team.
And, and like I said, don't,
don't be shy if there's ever anything newsworthy or anything you'd like to
help amplify, uh, fire it or wet.
I appreciate that so much.
I switched from, I switched to wifi.
Do you still have my cert?
Yep.
Um, yeah, that was, that was great.
Oops.
It was really kind.
Um, you know, something fun that happened yesterday, which is driving that increase is we worked
with Rarible for a while to streamline onboarding with Privy Wallet and Cross Mint.
And that's been really great.
You know, three clicks and you can get an NFT.
In the background, you know, we're very bullish on live shopping we've been live streaming on
fanatics live on whatnot ebay live tiktok live we really think that not just for nft projects but
just for businesses in general that's going to especially like in the ai conversation it feels
even more relevant um there will there will be ai driven live commerce channels but you know human is still human
um but rarible to their credit when they heard that we were so interested in live commerce they
were like well what would it take to do that on rarible and so we've been working with them on
that for i don't know four or five months and it got to the point where yesterday we did the first
kind of alpha test so yesterday was the first time we i don't know uh we we don't sell our own nfts right
we can just pin and talk about listings that are on the market we sold eight or nine thousand dollars
worth of nfts yesterday from different collections and um it was a success there's a there's a long
way to go for a for a user experience like that but overall i was i was. There's a long way to go for a user experience like that.
But overall, I was really proud and a couple new holders and, you know, one day at a time.
And by the way, VCon is coming back.
I wish I knew when.
I wish I could tell you when. But, like, that's also a big part of, I think, the outlook is IRL events, whether it's at Comic-Con or our trading card game tournaments,
or eventually a VCon, I think the IRL component of the VFriends community is still a big part of the value offer.
I would agree. I would agree wholeheartedly.
For those that aren't in the weeds and don't want to wait for the next VCon,
aren't in the weeds and don't want to wait for the next vcon are there localized events are there
are people getting together to play the the game like is there anything between now and the next
vcon is it around like the national card shows like where might people be able to experience
that vfriend community in real life between now and the next VCon? It's a great question. We're actually working on a more publicly visible calendar of our events.
So it's easier to discover that.
We have a tournament in Texas in March that we're collaborating with some
community members on.
They do this thing called the Texas meetup.
It's the third year running.
And we're using that opportunity to host our next event.
But no, most of the stuff is pop-up at conventions, and people organize amongst themselves.
I think something that we can really do better is encouraging the organizers to organize.
People want to get together, and they just need a signal boost and a good reason to get together.
And I think, you know, for VFriends and for all projects, like the ones that lean into the network value and help facilitate that relationship building is really important.
Like because it goes a very long way when you're otherwise dealing with the volatility or, you know, holding on to something you can't actually hold.
Right. Reminders of the real value is key. Agreed. why is dealing with the volatility or, you know, holding onto something you can't actually hold, right?
Reminders of the real value is key.
Agreed. Agreed.
I know I've said it before, but if you haven't heard it,
VCon, I made it to two of the three.
I wasn't able to make the LA one,
but the best crypto conferences I've been to,
and it's not even particularly close.
I would say, in fact, maybe the best conference I've ever been to, just from the speaker lineup to how they treated their speakers to the community that's there.
Like, it's really, it's hard to be in that environment and, like, have a frown on your face.
It's hard.
Like, you know, Teacher Katie, our reigning community member of the month here on Coffee with Captain, is like, she's like a, you know, walks around VCon like a queen.
Not that she's walking around like that.
It's just like, she's so well, you know, loved in that community.
And it's like a VCon is you get to meet hundreds,
if not thousands of people like-minded that are kind and friendly individuals.
Like it's just, it's the environment is second to none.
It doesn't,
I mean,
I know it's not,
it's VCon,
it's not a crypto conference per se.
It's just,
Speaker Lightup was great.
Yes.
And I think that goes toe to toe
with any conference I've been to,
but the environment is a one-of-one.
Like I've never,
I've been to hundreds of conferences
and trade shows,
never been in an environment like VCon is with the people that are there.
From the main stage to the side events, it really is taking over a city.
I was in Minneapolis and Indianapolis, and just incredible experiences.
I will be looking forward to the next VCon.
I've had a flash up here a bit ago, but it wasn't just,
you know, this, this activity, the other thing, I think it does speak volumes for the collections and collectors collecting in the community that's being built is within the last day,
you had a entrepreneur elf that sold for three ETH, sending the current floor on that,
on that addition to 80 ETH if you want one now. And then another Gratitude Gorilla also sold for three ETH.
Top offer on them right now is 2.25 and a five ETH floor. Like, correct me if I'm wrong,
there's no immediate or short-term utility on a Gratitude Gorilla or an Entrepreneur Elf,
or is there? Is this just people collecting what they want to collect and maybe they're going for
a rare? Like, it is really the collectabilityability aspect not oh i'm getting a gratitude gorilla
because that's going to get me front row at the next vcon is that my accurate saying that it's
just yeah that's right i mean entrepreneur elf got a lot of attention in our chrome set because
we had an insert called entrepreneur elf's favorite entrepreneurs that featured you know
characters like uh like gary of course but um there was dana white steven ross michael rubin they all had autos
in the product that was fun uh grad like those characters they're just in the list of you know
arguably top 10 to top 20 so it's it's a it's a moving target you know because some person's
number one character is another person's like top 50 or top 100 but the the gratitude gorilla i think has always stood out because number one
apes are important in crypto you know starting from crypto punks and then really established
further with basie um and you know gratitude is massive in the kind of mind share of the things
that gary gary thinks are the values that people need right and entrepreneurship is massive in the kind of mindshare of the things that Gary, Gary thinks are the values that people need.
Right. And entrepreneurship is just in his blood. Right.
Like for all I know, Entrepreneur Elf is Gary.
We'll see. We'll see as the stories as the stories roll out.
But actually, you reminded me. Big shout out to teacher Katie.
I love her the most. And she's doing a meetup in Boston
for V friends to celebrate tech. There's another V friend. They're doing a baby shower for him
on the 21st. So just, uh, what is that two weeks from now, uh, in Boston, if you're in the area or
can make it in hit up Katie, they hosted at tech's restaurant. They've done it many, many times. Fun,
fun time. There's a, there's a good contingent out there.
I love it.
It drives home everything I was saying
about the VFriends community,
about Teacher Katie.
People, we joke,
oh, we're here for the friends
we made along the way.
Find yourself another industry
where people have met online
and you have people throwing local meetups
to have baby showers
for their internet friends.
I'm sure it happens.
I'm sure it exists.
But I don't think it's anything close to the, the,
the volume that you see here.
It's not just the friends that does this,
but it's like,
it's very real.
Like we don't just say this about people making,
you know,
building great relationships and,
and,
and,
and making new friends.
Like it is very real.
And,
it's,
it's one of the things I'm most grateful for.
Like I'm in,
I'm in,
I'm not middle-aged yet.
I'm still in the first quarter of my life.
You're young as fuck, Cap.
You're young as fuck until the day you die.
There's very few opportunities for people my age
or even, I'll just say post-college,
where you can make hundreds of new friends
over the course of a few years.
Like real friends, not just passing by acquaintances
or coworkers or colleagues that it seems like I'll never talk to again. Like, you know, if I see
Jeremy walking down the street, I'm giving him a big hug. Like, and we're not like, we're not
DMing every day. We're not, you know, but same with teacher Katie. Like, like these are my,
I consider you all friends and I'm grateful that you're all here. I'm grateful that you,
you tune in every day, you add your value to the show.
And it is like it's why I'll keep coming back every day because whether there's a thousand people in here or ten people in here,
if we're having an impact on even one person's life, it's worthwhile for me to keep showing up. And I really enjoyed the conversation today. I think we kind of ran a conversation that I wasn't planning on.
the conversation today i think we kind of ran um i mean cover something i wasn't planning on we did
get deep on the ai crypto doomer talk and how to spin that into a positive and search for some
opportunities and to tie it all together someone was saying earlier like if you're not sure where
to go if you're not sure what to do if you're looking to make deeper connections find it in
real life event find one of these meetups. Find one of these events that resonates with you, something you're interested in, and
show up. I know there's, Jack was on here yesterday. He's talking. He's
going to Hong Kong Consensus, I think, next week or coming up soon.
Maybe that's a 24-hour flight if you're here in the
States. You don't have to go to everyone, but find one that's close to you. Find somewhere, whether
it's a big conference or a localized meetup. I do think you're hard to imagine going
and leaving that and feeling all that was a waste of time, especially if you find one that is things
you're interested in, it's people you already have at least some sort of basic connection to
or relationship with online, real power in those in real life meetups and big big fan and as i said really looking forward to vcon coming back and i think when it does come
back i think it breaks out of like where there's people like myself that have called it you know
the best conference i've attended in crypto i think it becomes more widely accepted especially
because kind of like we were talking about earlier, as people leave and less conferences, there's less builders, there's less people, less participants, less
conferences, the pie might shrink a little bit, but the opportunity to grow your piece of the pie
becomes much more realized. And I'll end with this. Zane's on one today. He's talking about
the death strategy, death star strategy star strategy death star i don't
know exactly what that's called but anyways he says you're going to be a villain go all in be a
real villain pulling back punches on mechanisms like this make no sense so he's here for the
blood uh it's going to be interesting it's going to be i guess we could say fun um it's going to
be fun to watch uh it may not be fun for collections to get targeted, but I don't see how it doesn't bring back some PvP mentality,
and hopefully it's the fun sort of PvP
and you get a little bit of back and forth on the timeline and good fun.
But I will remain a little queasy for some of the doodles and the zookies of the world
until we see how this thing plays out.
But like I said, it's probably somewhere in between the doom and gloom
and it's going to send it to zero
to it's going to be the best thing that ever happened to the collection.
I do appreciate something new
and especially in markets like this
you don't have to buy
any of this, you don't have to go buy Death Star
but it gives you something to follow and pay attention to
while majors
seemingly bleed out and don't find a bottom.
That said, I will leave you with
a high note
and then we'll get you out of here
and enjoy the rest of your Thursday.
Walter Bloomberg says,
for JP Morgan,
Bitcoin now more attractive than gold long-term.
JP Morgan says,
Bitcoin's long-term appeal versus gold has improved
after gold's strong outperformance
and rising volatility.
Despite recent crypto weakness,
liquidations have been modest,
though spot Bitcoin ETFs continue to see outflows.
The bank notes Bitcoin is trading
well below its estimated production cost of 87,000,
historically a soft floor.
JP Morgan's key point,
Bitcoin's risk-adjusted profile versus gold has strengthened.
Its volatility relative to gold has fallen.
That's wild to say.
I'm going to read that again.
Clip this, StreamYard.
Bitcoin's volatility relative to gold has fallen to a record low,
implying significant upside potential over the long term.
That deserves a like.
Hopefully he's right for all of our bags.
And if not, just what we're talking about,
if the floor keeps going low,
better time to DCA,
take that discount on your Bitcoin.
Just don't do so thinking you need to
liquidate it tomorrow. It may very well be a falling
knife. But we will see.
Maybe we got, I'll go check, maybe we got a
coffee with Captain Pump on the way out of here.
Not quite yet. We're down to 68k,
down 6.69%
on the day.
Almost $5,000 less than it was yesterday.
So stay safe out there. If you're opening any sort of longs or shorts, don't walk away from your computer.
Extremely volatile. Have some fun. Create some Imagine Grok videos this weekend.
Go win a million bucks. All I ask, if you win a million bucks and you did it because we told you about it on this show,
let's sponsor a Grok Imagine segment next month.
With that, hope everyone has a wonderful day.
We'll be back tomorrow to finish off the week heading into the weekend,
and maybe we'll do some Super Bowl squares or something for some fun stuff. But as always, appreciate y'all being here, and have a wonderful, wonderful day, everyone. Bye.
