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🚨CRYPTO TALK RADIO: RECAPPING THE ENTIRE WEEK IN CRYPTO & POLITICS
Recorded: March 21, 2025 Duration: 2:42:30Space Recording
Short Summary
Crypto Talk Radio dives into the latest trends and growth in the cryptocurrency market, highlighting Bitcoin's price movements, the rise of meme coins, and the impact of economic conditions on investor sentiment. The conversation emphasizes the importance of financial literacy and community engagement in navigating the evolving crypto landscape.
Full Transcription
["Sweet Home Alone"] I got a show today It's all I'm tryna do, hustle and motivate
Choppers are throw away, hustle the overweight
That's why they follow me home
They think I know the way
Cause I took control of things
Calling the silhouette
And if you pattern my trend
I make you my protege
Scrossing that soldier race Niggas don't know them days
Take you in back of the buildings, make you exposure rage
Take you across the tracks, make you explode a face
Now you official now, but you got a soda say
I just been cooking that nook, I'm bout to drop in the field
Think if I call it the great, The people gon' call it the truth
Ain't really trip on the credit I just paid all of my dues
I just respected the guy Got my name all in the news
Tripping on all of my moves Call me on this, got a lot more to prove
Remember I came in this bitch Fresh out the county with nothing in it Don't want nothing, no, just wanna count on you
But I don't do this shit for nothing No, no, not at all, you
But my money, money, money, that you way, not you do
Oh, you lost
So I don't do this if you're not there
Oh, not at all
Oh, I told her I got it, got it all
Oh, yeah, I'm sorry
So I don't do this if I know that
Got it all, got it all, got it all
That's in the motor bay
Back in this bitch like I never left
Stand for some shit that you never read
Passing through stages and light through the ups
And the dabs like it's all just another test
Lit by the booze like a fucking wreck
I got respect and a hundred checks Till when he change need another test Glad no games by the booze like a fucking rest, I got respect in a hundredths test, Till when he change need another test,
Glad no games if it wasn't test, Come from that cross that you couldn't stretch,
Come from that circle you couldn't test, Heavily pressured and understressed,
Even though niggas ain't sure we was a mess, Honest and template to the left,
Judges young nigga by their address, Left us no option what they expect,
Only thing we knew for sure is the baby sack Fuck living basic, I'm taking risks
Fuck what they said, I'm saying this
Don't waste your time and don't make you rich
It don't mean nothing, so fuck em, let's make the grip
Double up, triple up, make a six
Haulin' so hard you could play your bitch
Lead to the lake if they wanna fish
May show them niggas around you, stick to the script
It should be written in stone
You should come visit my zone
Don't take my word
Double check all of my flows, ask somehow, I still got on
But suck what you earn, this for who I got that wrong
Sold everything but they slow, straight off the curb
Real niggas rich as you nerds, address the home and make it sound
I don't do this for nothing
I don't cut it off
Yeah, but I don't do this shit I'm nothing, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, I don't do this if I'm not in the mood for nothing I sell the motor, not at all
I sell the motor, not at all
I do like my idea
Oh, I'm scared of the outside
So I don't do this if I'm not in the mood
Not at all, I sell the motor, not at all
I sell the motor, I saw the motor pay
I saw the motor pay I saw the motor pay
I saw the motor pay I saw the motor pay
I saw the motor pay I saw the motor pay
I almost forgot what I was doing Baby I'm just riding through the city, and ain't nobody rolling with me And ain't nobody rolling with me, it ain't a problem I'm gon' get it
It ain't a problem I'm gon' get it, this is trip, trip, trip, trip
Ride around smoking by myself, don't you know I do it so well
Dollar signs all on my ear, rolling solo dollar
This is trip, trip, trip, trip Ayy, almost forgot what I was doin'
Almost forgot what I was doin'
I've been drivin' now to something
Almost forgot what I was doin'
Almost forgot what I was drinkin'
What the hell am I even thinkin'?
I'm back from my section
Rollin' with my protection
Who gon' die next?
Ayy, tryna get electric
Ridin me by myself
Time for some reflection
I feel like a young boss
Nigga that stuff if I was blessed
I can't even lie
I ain't even flexed
Blocked for me black man
Know they tryna stretch us
I ain't tryna preach
I ain't tryna lecture
When you make your first mill of cash
You gon' feel the pressure, just wanna feel the thrust
Wanna feel the tension, wanna feel the drop top breeze
Wanna feel successful, wanna chase a guy
Never take some messages, never stop crying
Cherish no possessions, we ain't get accepted
I'm just real fast, thanks what I expected
Cause we ain't even set you, 60 up the magic I
Will go start in a few minutes
Yeah, I want to retreat this room you can actually not this room this show I can hear it trickling down your cheek
Your heartbeat sound like Sasquatch feet
Thunderin', shakin' the concrete
Then this shit stop when I fall the plot
Neighbors call the cops and they heard mad shots
Saw me in the drop, three and a quarter
Slaughter, electrical tape around the daughter Old school news, school news I Y'all Gia they safe, I make the skin tape Rashes on the masses, bumps and bruises, blunts and leg bruises
Big papa smash fools, bad fools Niggas mad because I know the cash rules Bella, la, taking the streets over motherfuckers
Don't get it twisted, yeah, ay yeah, ay yeah, ay yeah
Yo shut the fuck up before I blast and ban from TV yo ass
With no mask, look at the camera like gawp
Yeah I did it like a sick white boy in the co-committed
To the deaf in me I stash like I'm on ecstasy
Drop a hundred bars for real like I'm looking for a deal
Fine homie who the fuck is? I'm worse than a Mexican kid
I ain't straight so my numbers match the Motorola bears
I'm off the streets living wild like I don't fucking care
If I ain't strapped that means I took them off my Nike S
Get off mine, y'all talk shit like little children
Wanna ride mine like bitches when I walk up in the building
Cause I catch tans in the winter with wild horse
Just skiing while you keep warming corner stores
I make it hot, flooding your block the best way, professional ain't no five boys in your x-ray
As I get roasted, lookin' at Biggie Poe, sit on my wall, takin' shots of Louis till I fall
Nothin' to lose, just load the clip up in the groove, and kick rhymes to the poster, till I swear big moves
My team, you would think we're doing four zines, how we flossin'
Don't give a fuck what it's costin'
Yo, yo, punch the bucket pipe, it's time for a fight now
Stick out a quiet town and tie it down Make niggas lie it down y'all know where to buy it now
Being mac, I supply it now
All right, we're gonna get started
We get started get retarded
I'm out in Tokyo because I'm big in Japan I'm the hitmaker y'all depend on
Backstage in my city it was friendzone You won't ever take no chain off of us
How the fuck you big steppin' with a size 7 manzone?
Just a bark with a bite nigga what's up?
I know my picture on the wall when y'all cook up
Extortion Bailey, hope the red you been shook up
This top so you drop it give me 50 likes or push ups
Cool, your last one brick, you really not on shit
They make excuses for you, cause they hate to see me lit
Pull your contract, cause we gotta see the split
The way you doin' splits, bitch, your pants might rip
You better do that motherfuckin' show inside your bitty
Maroon 5 need a verse, you better make it witty
Young me need a verse for the Swifties
Top say drop, you better drop and give em 50
Pipsqueak, hiked down, you ain't in no big three
Shizza got you wiped down, Travis got you wiped down
Savage got you wiped down
Like your label boy, you in a scope right now
And you gon' feel the aftermath of what I write down
I'm at the top of the mountain so you tight now
Just to add this talk with your ass, I had to hike down
Big difference between Mike Dan and Mike now
What the fuck is this a 20 v 1 nigga?
What's a prince to a king? He a son nigga
Get more love in a city that you find nigga
Metro shut your whole ass up and make some drums nigga
Yeah I'm a six god I'm a front runner
Y'all nigga manager with Charles Lil' Grunt Runner
Clean a six and you boys ain't even come from it
And when you boys got rich ain't even come from it
And when you boys got rich you had to run from it
Cash blowin' able bread out here trickin'
Shit we do for bitches, he doin' for niggas
Jet switch changed, wiki wiki wiki
Spinning like you tryna fuck, boy you trippin', boy you trippin'
Drizzy Chippendale, probably got your bitch in there
I just got him done, boy don't make me at the Chippendale
Rolling live stage, I would turn that was sick
It's here should have probably changed if you're being started kissing to cause you kisses man. Don't tell me about no switches
I'll be rocking every fucking chain. I own this busy
Hey, I'll be with somebody guys like big mean top say try your little midget ass better fuck All right. Good morning.
Crypto Talk Radio the wrap up for the week.
I really don't look at charts for the last few weeks. I've unless I'm on
Let's come on here doing the show
Doing a live. I really don't look at the charts
unless I decide that I like unless I decide to accumulate on something and obviously I'm looking for entry points, but
But let's look let's look at this charts real quick
And we'll get to talking I so we got Bitcoin at a 83
83 6
Ethereum under 2000 again at 1944 Jesus Christ a theory. I'm fucking do something, bro
And at 1944 Jesus Christ a 30m fucking do something, bro
Tether at a dollar XRP at 2037 cents BNB at 634
Let me turn off the music cuz I hear
Drop and gave me 50. All right, hold on
Dropping gave me 50. All right. Hold on
You know, it's one day as fuck out here is windy as fuck out here
Solana's at a hundred and twenty six dollars. Shout out to salami
An email backs to go up USD see at a dollar holding strong at a dollar Cardano at 70 cents
It was at 71 72 yesterday those coin s 16. It was at 17 and
Tron is trying to take over the game. Justin Sun is trying to take over the meme game
Tron is at 23 cents. Let's move over to the memes because nobody cares about utilities
I mean I have utilities you guys don't care about utilities, but let's go to the memes
Those coin and number one she being you know, number two with seven point three Billy as that market cap
Pepe's at number three at three Billy
three Billy
Trump two point one billion and then the rest is in the millions. It was crazy man. A lot of these
We had I think we had about ten things in the in the billion dollar area
But we got bong flokey dog with half
That's how I fucking call it dog with half
She got cut in half
uh spx 6900
399 399 million. That's crazy
pudgy penguins
380 excuse me 395
What else is interesting here? What is interesting? What would I buy on this list?
Mog is back at 172
Toshis at 132
What else is here what else a poo is that 63 million?
Yeah, and what else what else what else where is Bobo West Bobo?
Damn fucking unicorn fart. This is at 39 million men should be fluctuating crazy, bro
Where are you where are you where are you and
Where are you? Where are you? Where are you and
And but was going back from like 19 to 22 19 to 22, it's okay, you know what I'll take it
I'll fucking take it. I will fucking take it. No problem
Anyway, that's your that's the breakdown yesterday
I've said to the recap show and I can pull this up because I don't know there's really I
Don't know what the fuck this is to report about I'm being serious. I don't even know what the fuck
I'm tired of just talking about the same shit over and over a
Lot of great news coming out for crypto. Obviously it has absolutely no effect on the markets
Trump's out here He's saying all the right things the markets. Trump's out here.
He's saying all the right things for crypto.
Nothing's happening.
Nothing.
Not even with Bitcoin, not even with Bitcoin Bitcoin strategic reserve.
You got Bo coming out here saying that we're going to buy more. We'll go figure out a way to buy more.
You got Lo lumas out here
Presented the bill five-year plan of buying Bitcoin. None of this shit
None of this shit is doing anything
Nothing nothing. Okay. It's doing nothing. I
Think It's doing nothing. I think obviously stimulus checks, I hate relying on fucking stimulus checks, but these
stem is or refunds or whatever you want to fucking call them.
The economy rate cuts that should help push all the markets, not just just crypto all the markets to move. I mean right now
Peter shift he's
He's looking like a G out here man. He's he's talking his talk. He's like gold. We we hit all-time high
Gold precious metals we're about that life fuck crypto that that's what he's saying
Russia just bought more gold
Think it makes up a man I gotta check that out
I'll check that out real quick. Hold on check that out. That was interesting yesterday
Where is this um
where is that where is it give me as of march 1st russia has increased its gold reserves to a historical high of 217.4 billion dollars with gold now making up 34.4% of the nationals total foreign exchange reserves.
I mean gold is never going to go away but obviously,
obviously Bitcoin is way more scarce than gold. And I do see the gold bugs scaling out a bit of their gold positions going into Bitcoin.
But here's the thing.
When they go into Bitcoin, are they going to acquire the physical or are they getting
paper?
And for the most part, people that don't want to come into first of all
60 year olds are not the boomers. They're not trying to deal with seed phrases
Hey, they're not trying to deal with any fucking seed phrases the calling people. Hey, I want Bitcoin I want to get into the CTF get me in that's it
They're not coming here opening up wallets
Writing down seed phrases screenshot and see screens and none of that's happening. None of that is happening
Retail needs to get out of debt
Retail needs to get out of debt. Retail needs to get out of debt.
That's it.
Bottom line.
Go look at the numbers.
Go look at the fucking numbers.
Just look at the people in debt in the United States of America.
Just look at it
We didn't have this last time it wasn't that bad last time
It wasn't bad that it wasn't and ah
Anyway, let's go to let's go to some people in the crowd
Next week. I'll also talk about the new format that we're going to
We'll be going to a new format next week. But let me hold on.
I know I got to restart the app.
Give me a second. Yn ystod y cyfle, mae'r cyfle wedi'i ddod yn ystod y cyfle. Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle.
Mae'r cyfle wedi'i ddod yn ystod y cyfle. Mae'r cyfle wedi'i ddod yn ystod y cyfle, mae'r cyfle yn ystod y cyfle. Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle. Mae'r cyfle yn ystod y cyfle. Oh my God, tell me I just tell me I was just talking and nobody heard a fucking word I
said.
Not a word.
I literally said good morning to you guys and thank you for showing up whether it's
1100 people or three people I
appreciate
Everybody coming here and tuning in
To this show in the morning where we recap
You know all the current events
Obviously, we talk crypto. We love crypto, right? We all love fucking crypto
Crypto is great. It's life-changing. You know
I was listening to a space yesterday. It was crash's space and I found it very interesting
I I found a lot of it interesting because
You know this you got a lot of motherfuckers out here
pretty much saying the same thing and some people put it in different ways.
And he has his audience and he's talking to his audience and he's and you can see he has
a lot of people that really, really, really fucked with him.
And he's out here saying like, I hope you guys have a safety net. I
hope you guys legit have a safety net. And, you know, I said, and again, it's just like you're listening to the conversation and how many people really
do have that safety net that have put away enough money for three years to survive in
crypto.
I feel like a lot of people come into crypto.
They quit their jobs and they go full in on crypto and then you depend on crypto.
And I talk about this a lot, right?
I've given you shit about going 99.9% into memes.
It's not that I don't appreciate.
It's not that I don't appreciate you willing to risk it all and take a chance because that
chance might bring you back 50 million or 60 million.
It's more so if markets, if the market acts up like it is right now, and you need money,
you need money to pay rent, you need money to pay for your bills, but you're so over leveraging crypto and now you're
pulling out shit at a loss.
But you had that money in the first place to put that's fucked up.
Because you did work hard.
You did work extremely hard to put yourself in a especially when you know the markets were
even though I don't believe retail has come in here. You know what I mean by when retail hasn't
come in here just because like 15 people from the retail side decided to come into this space doesn't
mean that retail has really come in here to participate.
We were up at a time when Bitcoin hit 109, all the memes are up.
That was a perfect time for people to scale out a bit.
Just scale out enough.
You don't have to take everything out.
Just scale out enough so when the bills come in, you can pay them.
And you don't have to worry about and you don't have to worry about
You don't have to worry about anything else you don't have to worry like your memes are there I
Think you know what you know what I think psychologically it is
You don't want to pull out of your positions
Because if it does go parabolic you feel like you're not going to get the most out of that transaction.
So you're not willing, like, let's say you're sitting on a million dollars right now on
a certain meme, you're not willing to pull out 500 grand because you feel like, fuck,
if this shit now runs, I'm going to miss out on money.
And that honestly is a stupid ass mindset.
That really is.
It's a dumb mindset.
A lot of you, look, a lot of you guys have never made $300,000 in your lives.
Replay the tapes.
I say this all the time to you guys.
A lot of you guys, some people have never even made $150,000 in their entire career.
Now you have it.
I'm telling you right now, greed will kill you.
Greed will definitely kill you.
Every single human being on this planet is greedy.
You got the DNA in you.
That greed's there.
It's like, Oh my God, from the standpoint of shit, this can go up
another, this can go up another few cents here and I bro, you're never
going to catch the top or the bottom, man.
At some point you
gotta make a fucking decision.
You can make better decisions when you have money.
You make better decisions when you have money.
You make bad decisions when you don't.
A lot of you guys know this too.
A lot of you motherfuckers in here, I know for a fact, you pulled out at a loss to go ahead and pay bills.
A lot of you guys have to pay taxes right now.
And you're going to be pulling out money from your crypto
to pay it.
Good morning, Good morning. D. Great to see you, bro.
How you doing?
Good.
Listen, I think that was a good, I think that was a good space.
I came in there, I think at the tail end, but I think it was a good space.
I think he, you know, crashes a smart cat, man. He broke it down.
You know, he broke it down.
And I think, you know, every, every old head has said that convey that
message to the entire public, Hey, like bro, like have money, you know, like one thing he also said, which is it's so true, like.
Get yourself like.
You know, you work so hard, right?
You guys grind away.
Yo, I literally feel like we talked about this yesterday.
You grind so hard at this shit, right?
Fucking reward yourself.
Reward yourself. Yeah.
I, um, I, I pinned it to the top, by the way, for anyone that doesn't know what we're talking
about is a really incredible, um, I'm actually, I know, I know crash pretty well, uh, better
than 99.9% of the people in this space, that's for sure.
And I've never seen that side of him.
Public facing like that. That was, that was, that's for sure. And I've never seen that side of him public facing.
Like that was really different. Like none of y'all have ever seen that side of him. That was crazy.
He cried and that's okay to be emotional about. Listen, don't come into your head about where you were at one point in your life and where you are now. And like I said, like yesterday, it's tough.
Yo, 99% of the time as you're climbing to the top, it's tough.
You're going through hell.
Yeah. I mean, so for context, like, you know,
he showed passion and what was inside of him around the specific subject of
he's watching. He watched, he watched someone round trip
and lose, you know, eight figures, someone that he cares very, very, like he cares a
lot about this individual and watched them just completely shipwreck their whole situation
and the effect that it had on their mental and their life and all that.
And, you know, Crash kind of gave an impassioned plea around. How do you cap your downside while still maximizing upside?
What price, you know, secure piece.
That was the context of the conversation.
So it's been in the top.
You know, a lot of people round trip because they get greedy.
Yeah.
It's not even about money management.
It's, you know, like I would
I would actually blame it on money management, but it's not it's it's about greed. It's like
you really do. Number one, it also it's it's who you surround yourself with. I think that's
a big thing because like on the real real talk, right? Yeah, if you surround yourself with people that are consistently like yo
Look, I'm a bull tart. Yep, right? Like I I say that flat out like I'm bullish on I'm always bullish. I'm I'm positive. Yeah
but and sometimes like if I wasn't surrounded by the right people like I would
Maybe I wouldn't take out money at certain points. Like right now I'm holding
because I don't like I don't need you know when you don't like you've put yourself in a position
where you don't need money. Yeah bro. It makes it a lot easier to trade and what I mean by that is
like you know you could take out $50,000 it just depends on your lifestyle your expense like
you can take enough out to where like you can live through this market for
the next two years without even blinking an eye.
Yeah, that's um, and I this is that's important.
Actually, we need to talk about that.
And that's why I was like, you know, I wasn't getting you know, we get out, you know, we
get into our shit and stuff.
But when I was telling you about Bitcoin, right?
It was more like, yo, like you have a safety net where you can use Bitcoin towards getting like, you can borrow against it and shit like that.
Times like this, when you borrow against it, you're not taxed.
All that stuff.
The only reason I said that is because I wasn't trying to belittle you.
I was just trying to say like, yo, bro.
So you don't have to go into your pockets or
go and sell off crypto, the crypto that you like, maybe just look at this.
But you know what?
Again, I don't even think it's about money management anymore.
It comes down to how greedy you are.
I'm not talking about you being greedy.
I'm just saying in general, like people have this,
I'm, the top's not in.
And most people round trip when they have that mindset,
take out money, man.
Scale out, pay yourself, appreciate yourself.
Yo, we're here fucking 15 hours a day, man.
When are you going to take out money and say,
you know what?
I appreciate myself. And I think it's time to wrap myself a check.
I think, I think you can always, you can always take a million dollars out and
make you can turn that million into 5 million, right?
Doesn't mean like you take out money and you can't make money on that million.
I think that's, you know, I think that's one of the most, that's what I hear a lot.
Right?
If I take out money, then that's it, it's over.
No, like you could take a million out, take a hundred grand and start fucking going into
the, imagine if you took out at the, at like at the, I don't want to say it's the top,
but when we topped sort of here before we pulled back, you took our money.
Now you have it on the, on the sidelines.
Now you go back into your favorite assets. You're doubling, tripling your positions. Now this shit goes
up like you turn that very easy.
So look, we're not miss Cleo. We can't predict when this shit's going to pull back either,
right? But, but I'm saying like, if you have money on the sidelines, a lot easier to make these type of decisions.
Now you got people running around, getting out of positions at a loss, trying
to get into new positions, they're just wrecking themselves.
So I don't know either way.
I think it's nice to hear others, you know, get on their
platforms and talk about that stuff.
Yeah.
Especially with, if there are new people coming in, they need
to know that. And I know a lot of people say you have to experience it. And yeah, you do
need to get that experience. Yep. You need a round trip once or twice to finally understand
like bro, like I'm taking money out next time. But um, yeah, I thought it was a really good
conversation. So I got to get the way I would contribute to the conversation is I'm not
going to tell you like when to sell how to sell what to do. What I got to get to the way I would contribute to the conversation is I'm not going to tell you
like when to sell how to sell what to do. What I'm going to
tell you that you must do though, is you must have a plan.
So let me give you a really good one that almost everyone in this
space can execute very easily. This space glorifies being
full time crypto. It's a privilege. It's honor. It's a
miracle. And it's the craziest ride ever. It's thrilling.
But we need to also platform and glorify having a job, having another source of income,
having passive income, having something coming in so that having or fine, I'll do this,
having a plan in place that allows you to extract revenue and deploy that revenue into your bills
so that you're not having to sell projects at a loss during downturns. This is so critical for
so many of you who this is your first cycle of means. If you can put yourself in a position
where you're able to take care of bills for an indefinite period of
time. David's number was two years, whether it's six months, a year, year and a half, two years,
and you're able to just sit on those bags no matter what. Because here's the reality. It is
impossible to predict markets and market conditions. None of you were saying that we were going to go
down for months and nothing was going to happen in memes for the first four months of 2025.
None of you were saying that.
None of us were saying that, which means we didn't see this coming per se.
And if you did see it coming, you were quiet and most of you didn't do anything about it.
So the point is there was a moment where we were at all time highs, your bags are worth
millions, you thought it was just going to keep running up.
It didn't.
We all ran into this massive brick wall called a downturn. And so now what? So you clearly have demonstrated that you don't have the
ability to predict the market perfectly. So if that's a true statement, that you can't
see what's coming around the corner, then it's very critical to have that piece, have
that safety net underneath you at all times in case said brick wall hits you when you
least expect it, which is what it always does. It always hits you when you least expect it, which is what it always does.
It always hits you when you least expect it.
So if you could be in a place where you're trading memes,
investing in memes, holding memes,
and maybe you have your targets,
you expect it to go to this number by the end of the year,
but just in case you're wrong
and you have to have enough humility to go,
I might be wrong.
I might not see all-time highs until 2026.
Can I still pay my bills?
Can I operate without having to sell my tokens? Right.
And maybe that looks like you having to sell your beta plays near all time highs.
Like some of us did. That's how I did it.
I'm 99% deployed in memes, but I've also got a business that generates, you know,
uh, I'll just say like enough, you know, like, like enough, more than enough.
So I'm fine. I'm good. Right. And I've got reserves too. So I can
sit here for years and not have to touch my alpha plays. I sold off a lot of my beta plays. Once I
saw what was coming in December, I didn't see it in November, but I saw what was happening in December.
My crew let me know. I let my crew know. And I did what I had to do to make sure that I was good in
case I was wrong about what I thought 2025 would bring. So whatever your strategy is, selling off your beta place, having a job, having a business
that produces revenue, having real estate property.
I was on the phone with Life and Glory, like on a phone call, older gentleman that I just
got to sit down and learn about annuities from because I don't know jack about annuities.
I'm just getting to sit there and take notes and learn.
And like the passive income strategy with that asset class,
whatever your plan is, it doesn't matter.
The point is have a plan, because whatever you think
is going to happen, you have literally
been wrong your entire life about.
And that's not even just true about your memes.
The market, your body, your family,
look at every area in your life.
Did you really predict all an architect all this out a year ago? A year? Did you think you would
be here right now in this moment? Three years ago, five years ago, 10 years ago? No. Which means it's
very clear that you have an entire life that has given you evidence that you don't know the future,
you don't know what's coming, and you don't have it all figured out. You've always been guessing
and groping in the dark. Sometimes you've been right, sometimes you've been future. You don't know what's coming, and you don't have it all figured out. You've always been guessing and groping in the dark.
Sometimes you've been right, sometimes you've been wrong.
You need to mitigate against those times when you're wrong.
Have that safety net underneath you, and that is a plan.
And the plan might be, you know what, I'm working a job to cover my bills so I can sit
on my bags for 14 months, because I've always been wrong about how long it takes for me
to make it.
Maybe I'm wrong this time around too.
So yeah, I would just encourage you to consider whatever your plan is, just run it and execute it.
Good job, Hanauk.
I think this is the first time an L wasn't found.
Sakasta, good morning to you.
This guy's gonna just hold his hand up in protest.
Yo what's up, what's up?
Uh, solid take.
Y'all sound so surprised.
You know, I'm actually a genius.
Y'all kind of got nothing on me.
I'm actually the smartest, most brilliant, handsome got nothing on me dog. I'm actually the smartest most brilliant handsome
Yeah, relax relax relax. Right? Yeah. Oh, here we go. It's one thing good to see you my brother
It's one thing it's one thing. It's one thing. Let's not get so so
It's an interesting topic because obviously it's not one size fits all to
Look at the Taken Prophets piece as like the other side of the yin-yang as the reactive
impulse for self-preservation to sell red candles.
Like, you have to rewire that reactive impulse that all of us kind of, you know, the self-preservation
that we have with selling on the red that we feel
like you really have to transform that as a skill. It's not easy to do because most
people it's like a survival instinct. And on the flip side, when you see shit going
up really fast, we have to wire you know, you got to wire yourself. That's another skill
you got to hone because it's very hard when shit's going fucking high octane up, um, not to just like
see where it goes. Um, but I do think there's a nuance to it. That's important, right? Because
especially with the lower cap, like I, I believe that if you're going to get involved with a project and you're going to
put your name behind it, right?
You're assuming a responsibility that's different than if you're maybe saying, not one size
fits all like I do view the lower caps as early stage companies and you just
don't sell equity of early stage companies that you don't have the ability to you have
to do rounds of fucking raisin till you hit a liquidity event.
That's just reality because if you if you had everybody with that mindset it it will
implode there's just it can't sustain it until a certain point.
If it hits, you know, 10 mil, 50 mil, yes, of course,
like take, but you gotta kind of take like,
like responsible profits on those.
But that's why it's important, I think,
to have higher cap investments
that you're not as like emotionally bound to, or that you're not like committed to it in a different way that you're not like, emotionally bound to or that you're not like committed
to it in a different way that you're not like, Hey, I'm here to build.
Some people aren't with that with anything.
Some people are just out here to like the sport of the flip is an art in of itself.
And a lot of people pursue that path.
So it definitely doesn't apply to everyone.
But like I do think some of
us like get attached to certain projects and that we were trying to actually like build
them and you're able to build stakes in them. So you had to be cognizant of how much you're
going to take and are you going to buy back on the red if you're really about it? Like
that's, that's important too. But it's really hard to get yourself to sell like a gig a green candle.
You have to you have to really get yourself there to a Hennix point.
A lot of people who come into crypto just don't have that luxury.
Even if they're doing the job, usually it's like, OK, they got the job.
And it's very fucking frustrating.
I would imagine for some people to hear all just just make sure you have your
secure your passive income when they're like trying to take the $500 Delta
between their bills and what they're getting to be able to put it to work.
And they got rugged the first time and the second time they got fucking like,
you know, there's that is a it's a fine line, right? When we're, we're trying to tell everybody,
oh, make sure you secure yourself passive income. Cause a lot of people aren't in that situation,
but ultimately it is the right answer. Like you've got to figure out how to grind in a way where it's
outside the income and the, the self preservation is outside of this arena.
Because if you're operating from, as you said, David, from a place,
choices, you're going to be forced to do shit that you know is not the right move. And that's
just out of necessity. And that is no way to be approaching your fucking strategy in general, because it forces
you to be emotional with your trading and you do shit that is not the right move.
So I don't know, it's hard to hear people say, like, make sure you secure the IRL jobs like some people got IRL jobs and you
know they're not able to support whatever they're doing in crypto and that just is what
it is maybe is next cycle for them whatever like you got to also put in the reps you got
to fucking learn through going through the motion sometimes like it's just that's just
part of it but I think like one of the most helpful things for me has been connecting the
like flip side the yin yang of selling on or buying on red and selling on green
like that there those are two very connected reactive impulses that need to be rewired.
But I do think there's also a cadence that has to be respected. If you're talking about the lower caps that some people, you know,
sign up for because they want to, you know, be a part of it. And some people just don't
have to because they're not really aligning their reputation. I'm an effort or whatever
within all of those are okay. Let me let me ask you this question because obviously there are people on stage right
now that have been through.
I would say multiple cycles.
Do you think it's easier for somebody who is just coming into the space to take profit
versus somebody who's been here?
Well were they investing in the stock market prior or no?
No, no, no.
Let's say they've never invested.
They come into this, you know, they come into crypto.
Do you think it's easier for somebody just coming in?
If you don't have the context of like recognizing that we are all wired to basically sell red and
buy green. If you don't have that context, that frame of reference, it's very difficult
from like just a primal standpoint to be able to get yourself there. Like you need that
knowledge and that's why these spaces are so invaluable for people that are new to the
space in my opinion. And that's something that a lot of us didn't have, you know, our first or second cycle.
That's right. I would say it's not normal or common.
And the common denominator is something of experience and actually like discipline or personality type.
Meaning to sell on green, I'm sorry, to buy red is so counterintuitive.
Like right now, imagine like someone telling you to buy these charts like Bobo, Pepe, Brett,
whatever, Bitcoin, whatever.
There's something inside of almost all of you that says, bro, I'm not buying right now.
It's been bleeding for four months straight.
Like this is like, it's just going to keep going down.
Like you're literally conditioned by whatever's happening in your circumstances
to determine what decision you make, which is insanity.
That's actually insanity.
That's not logical.
It's just emotions.
Um, it's not even real.
And so you have to have the discipline to do what you hate.
You have to, it kills you to hit that buy button in this moment.
And the inverse is true too.
So when it's green and the market is running and it's 48 days in a moment and the inverse is true too. So when it's green and the market is running
and it's 48 days in a row and it's crack cocaine
and it's 98K Bitcoin on its way to 104,
do you have that discipline in that moment
when nobody is talking about selling
or a downturn or a contraction,
everyone we're going higher, 150K Bitcoin next,
Trump's not even in office, rate cuts are on the way.
Do you have the discipline in that moment to do what you hate? This is a game of doing what you hate.
And what's interesting about most of you, look at your life. Your life doesn't live that way.
You're not drinking one-off water. You're not hitting that gym. You're not consistent in any
area in life and all of a sudden you're gonna be disciplined over here Fighting against your emotions and what you feel like doing so it really is contingent upon the type of person in this person do
What they hate can they eat their vegetables drink their water be consistent when they don't feel like it because if you're relying on your
Feelings in this game you will get eaten up for breakfast lunch and dinner in this jungle. I
Think it's also hard for people in this space who've been here to pull
part of the, to take out profits.
Uh, like I think, I don't think I'm, I don't think I'm wrong on that.
I, there are people that have been through two cycles, one cycle.
This is their second cycle.
And, you know, you could take this cycle for instance
you know obviously this is different. I think we can agree like this cycle is a bit different.
You have an administration now that's in place that is super bullish on crypto which
That is super bullish on, on crypto, which, you know, um, maybe people would
have pulled out profit, but Trump comes into office and everybody was like, man,
this is, this is just going higher.
And, you know, obviously the opposite happened, you know, it pulled back.
Um, but, but still like when things are going up and things are in the green
People just really like I know people that I speak to they like they refuse to take out profit
Like no, I'm going to ride this because I know it's going you know
This is also like there are the big talking heads that come out and they go like this is going to 40 billion
This is going to 25 billion. This is going to 69 billion. So like, why would I take out?
Like, why would I take out right now when, when the shit is, let's say 800 million.
When everybody is saying that this is going to like fucking 30 billion or 40 billion.
I have no incentive to take out.
I think that that's the mindset here.
Like I'm not, I will not even, I won't even take 10% now because I wanna you know, they
want to get the most out of it.
But it's fine though.
Like it's fine to take money out.
It's fine to take a little bit out to like I'm gonna say this again to pay yourself.
You've been here for the month, right? You've been here for the month.
Why don't you pull out some money for yourself and just go enjoy yourself?
Why is there such a, I'm actually speaking to the veterans here.
I think, I actually think it's easier for people that are just coming into the space
of full profit because they're not emotionally attached I don't think they're so emotionally attached like the people that have been here
So the people you're right David it is a little bit. It's still hard for all parties, but I do agree daddy
It's a little bit easier. Here's another issue like another layer
Like the people who have been here the problem is we've made some money or we've roundtrip
So we've actually seen the number. We've actually seen the charts
We know what it looks like to be in euphoria
We know what it's like to hold for months and see that number on the screen and it's a dopamine addiction
like for real and so
You know whereas the newer person may not have ever had that experience and they're like, you know
I just made a 4x in a week. So I graded it's a little bit easier for them
It's the heart for all parties, but it might it might be a little bit easier for that individual as well
But you're right in that greed its emotions. It's that human nature
It's that inability to do what you hate you have to fight against yourself
You have to do what you hate sell whenever no one thinks to sell by when everyone is done buying man. It's so hard, bro
I genuinely think it's harder for me to sell than someone who may be coming into their first or second cycle because I've been here for
a while as well and
I am emotionally attached as much as I hate to say it like I believe in the technology in the space
I believe in the development of the economies in the space
So it kills me to like want to sell but at the same time
I don't really quote-unquote sell that I do like more like what David saying is like like when I'm up, you know, like I go to the store. I go buy like a nice watch
I go buy like some shit. I order a vacation like that kind of stuff. I pay ahead of time and that way
I don't really like sell it
I just cash it in what's that high value for a substantial object or like event or that I want to do and then I just
hold long term
I you know, I, I feel like I'm right on this because if you look at pump.fund,
you look at just the numbers there, right?
All those motherfuckers are practically new and they will pull out for a $3 profit.
I'm not even joking. Like when I say that they will pull out for a $3 profit. I'm not even joking when I say that.
They will pull for $10.
So I think it is way harder for somebody
who's been here for a while to pull out
because the line of thinking is,
okay, we're down right now, this is all gonna pull back,
so I'm still good here
And you know what the markets will recover. I believe that too. I believe the crypto like this crypto ecosystem
We're not done yet
We are not done yet and we're going to see these numbers. We're gonna see the numbers that we talked about
We're going to see the numbers that we talked about during the bear market.
during the bear market
But imagine if you could have tripled your bags.
That's really it.
That you could have took out money and tripled your bags right now and made triple the money.
I mean, like it.
I guarantee you the new cast that came in here.
They did that. They pulled did that they pulled out they pulled out their pull
out game is good their pull out game is good i know uh i see remarks that people are you know
i like in the talk a topic about pulling out profits sir crypto was going on i seen your comment
Sir, crypto was going on.
I seen your comment.
Sir, crypto.
Good morning.
What's going on, David?
Good morning.
What's going on?
I saw that you said, finally, we're talking about taking out profits.
What's your take on it?
You got to man.
And, and, you know, back in 21, like the reason bags ran so much, so high. the The people that were already here, you know, there was a lot of self shaming, you know, don't take profits, just wait like you're going to be rich if you just wait.
As in your voice, our crypto was telling people the whole time, bro,
I'm not saying take the bag. I'm saying take profit. Like just, and people,
nobody knew what that looked like. So, you know, when somebody did take profit, they full clip
because they didn't know what else to do. When they saw the bag, they froze or either they full the Let me ask you guys this question. Do you think that a lot of the people, so you know what? I think this applies to my line of thinking that people that are new into the markets,
they have an easier time taking out money versus people that have been here because
of self shaming.
Do you think self shaming plays a part of people not taking out profits because then
a threat will be written about them.
They'll be, you know, they'll be put into, you know, they'll put, they'll be taken
to Times Square and they'll be hung in front of everybody.
Is the cell shaming stopping you from taking profits when the green candles pop off?
It did last cycle.
That's not the case today.
You know, the younger generation that's here now road, they saw the error in Green candles pop off. So anybody that's come in since 22, that's all I've heard is how, oh shit, I should have took the money while I was there.
That's so that's all I know.
They're so they, and they've taken it to the other extreme.
You know, that's why they're selling for, for a $10 profit. And I'm just like, you cannot even get a
I think honestly, like I'll speak for myself.
I think, um, like fucking lazy line, lazy lions really fucked up my mind from the standpoint
that I held like 13 NFTs of lazy lions.
I sold one. They held a Times Square or a Town Square about me selling an NFT and
not holding the line. And I was like, yo, hold on. Why am I not allowed to sell? And
the thing was, they had so many things.
You're such a big name,
you got a platform.
That's like funding the project.
Now you feel this guilt.
Now this guilt comes over.
And I would love people to come up
here and just be super honest.
Like you feel this guilt of men I
Can't sell I got to hold it down. They put this diamond hand shit in your head. We're all gonna make it diamond hands hold the floor
Yet these are the same people
That are taking you to task hanging you on the fucking cross a fucking
Dumping on your head while cheering on this whole
hold hold hold right yeah that was they were the ones holding those spaces the ones dumping they
were the ones holding the spaces criticizing everybody who was trying to take profits well
you know what sometimes sometimes i feel like turning into a motherfucker
Sometimes I feel like turning you know, you know what?
I wonder if any of you guys ever felt this but after being so shamed and look he's gonna dump and he's got
Sometimes yo, I think about this. I'm like I should full clip on you motherfuckers
You are so lucky. Yeah that I don't full clip on you motherfuckers. You are so lucky that I don't full clip on you.
You motherfuckers don't even know the type of fucking risks I got.
Look, I hold through fucking storms.
I fucking F fives are coming through the neighborhood and I'm out here.
Like I'm holding, I'm not going inside.
I had a really good learning experience David
And I'm never ever gonna do it again, man
I had the option to sell with the 76%
Price impact candle on a meme coin I was in and I said, you know what?
I'm not gonna do that. I come back five minutes later. That shits at fucking zero. I just looked fumbled like 50 bands
fucking click the button you know what when I when I was doing live
pair trading with a photon shoutouts a photon I wanted my first thing was like
because I just I was just doing shit for the company and then I'm like fucking
let me just fuck around here.
I wanted to get right. I didn't know honestly like I just went in like I didn't know who
was the guy on YouTube running around is you know, BBL I had no no no knowledge. Okay.
The shit starts popping off and everybody so shout out to the homies. Everybody was
like yo at a certain point they're like like, yo, Dave, take profit.
And the people that were telling me to take profit, they were like, yo,
they know me, they know that I'm about holding, right?
Because I get excited, yo, what if we can really take this to the next,
that shit fucks you up.
But that's what I said in the beginning of this whole conversation.
When you're surrounded with people that actually can tell you, yo, yo, Dave, yo, I think you
should take this now.
Take it now, bro.
Like, listen, just take, look, some people say, but somebody's giving out financial advice.
Listen, you need people around you to tell you, yo, you go around, but somebody's giving out financial advice. Listen, you need people
around you to tell you, yo, you go around, trip this shit again. Get out, get the fuck
out. Who gives a fucking digglet cell shame? You get out.
I think that's a major problem too. The cell shaming creeps into the head of good and honest
people because like, you know what, you got people who have money that
go into these things and
you're holding this shit down.
You really are.
You're really holding this fuck,
you're holding a lot of these
projects on your fucking shoulders.
But you're trying to showcase
to the community like yo,
I ain't cheating.
I want to see this shit go to
billions.
I'm not going to leave or
even think about taking anything
until we get to that fucking point.
I get excited when I see people who
are OGs, E-Teds that are fucking
holding, that are staying
the course holding.
But at some point, you know what,
you gotta pay the bills.
If you're going to be in these
cycles, you gotta take money out. You got to, you got to lead. You got
to have a story during the bear market that like, Hey, I did make 20 million. You know,
I made 20 million, I made 30 million. And here's how I did it. You know, walking into
the bear market, you imagine we stood in the, in a horrific bear market for two and a half years.
And here we are, we get this and you walk back into a bear market to only say, man,
I made 20 G's though I was up 15 mil, but, but, uh, you know, I got that 20.
That is a horrific feeling.
Yeah. That is a horrific feeling Yeah, the community man like the
I literally I saw so, you know, this is an og bro somebody who's been here
They they're a big name in the space. They they had this poll on their on their page not long ago. They said what's more important?
liquidity or community
Well, what kind of question is that obviously without liquidity you have nothing
but Their point was without liquidity you have nothing.
But their point was without community you have nothing. But if you have liquidity,
at least I can cash out. Community you can't cash out with no liquidity. And so like to see
stuff like that to me it just confuses especially new people. But you know if you have any money, you got it somehow,
unless you just looked up on it, which is so rare.
It's the people, bro, that are coming in
that don't have a clue.
That's the people that are holding
more so than David, me, and you.
Where I'm the same way, bro.
I didn't come here for a 2X.
That's not what I came here for.
I came here to multiply, like multiples, not just 2X. that tokens in it when I die. I'm not fucking selling it. Yeah, there's some bad words.
Jail school, Booner, Booner, bus type shit.
But during the NFT days, that shit was the worst, bro.
The self-shaming was the worst during the empty days.
I don't think I don't think it's really self-shaming during the meme
quite is more like they get mad when you stop bull posting
and when you stop posting shit, because obviously people stop posting
once they sell, you know what I mean?
So they people sell shame people here right now. Bull posts and when you stop posting shit because obviously people stop posting once they sell you know, I mean so
They people sell shame people here right now. I've seen it more now than ever before and I feel like you know what?
Maybe you have to meet be anonymous because like
You're anonymous. No who gives a fuck like, okay
Take your PFP and put it out there this man sold
But like you're out here you held to a higher standard you must hold you must hold for us and it's like
Motherfucker I came here for the same reasons you came here. I
Think self-shaming is a big thing and that's why I Go through the space. I brought money to the space. I came here with money. Do you think I came to give it away?
No, that's not what I came here for
No, I just you know, I oh
You know, I think you know I
Just think that the new cats that come in here
They just have an easier time because
like they're like they're getting in, they're listening to spaces like this, right?
They get in.
If something is mentioned, they get into it.
And then I mean, for them to get out, there's no problem.
There's no self shaming.
Nobody knows them.
Yeah, you have a bunch of people that are building that you know are OGs. They're holding their holders and you know, people just hold them to a higher standard.
It's almost like yo guys, at what point can a motherfucker take profit without being,
oh, let's go ahead and write a thread about him.
Like every and by the way, I love this shit goes from like let's say 500 K to fucking
300 million and people are all like, you know, people decide to take profits.
They're like scammer.
How so you're telling me that people that invest into the stock market and they pull
out at a, you know, at a certain point, they're scammers.
Like what are we talking? Do you understand like how confusing the space is?
David, I had, they held a space about me on one, on a particular project.
And this was just after the, after the bull run, just kept going into the bear.
And they said, see, he sold a hundred times at a quarter each cell.
I said, you know
I could have clipped that whole motherfucker and took all the money
But I didn't like I showed you how to take profits and you're holding the space
Trying to turn to shame me and they dox me and everything else
but I mean not so it don't even matter anymore if I'm just a PFP because
They put all that shit out there, but they
know but I think that's all the cell shaming the cell shaming is wrecking a lot of people that
Have prepared themselves
That put together a game plan
But they can't pull the trigger. It's one of the reasons why but I really do believe like it's one of the reasons
why people are scared to pull the trigger is because
As soon as they do somebody's gonna say they sold look they're a scammer
These people use scammer grifter and bad actor like I mean that shit is so watered down its meaningless at this point
Which allows real scammers to get into the space and do, you know, scammy
shit. That's how bad it is now. Y'all made that word so obsolete, man, like you got real
motherfuckers coming in here and fucking really sending people into bankruptcy have really
bad intentions for people.
Meanwhile, the people that are here building, building for real, that really want to see
these numbers pop off, they're ashamed.
They're consistently ashamed.
It's really weird.
It's weird energy.
Especially when it's the motherfuckers that are doing grimy shit.
Maybe just maybe the community starts fucking calling it out
That'll be nice. Yeah, you know
it's like
Welcome to the crypto talk radio show recapping the entire week in crypto and politics who might go into politics
I you know, I just like this conversation. When do you pull out profits?
When after the, maybe the eighth or ninth time you've round trip, do you, you start
thinking, Hey, maybe I should take profits.
Like are you got, by the way, I wanted to ask this question.
Do you guys think it's over?
I'm allergic to profits, David.
I can't do that.
Do you think it's over?
You said, I don't think it's over, you said.
I don't think it's over, but I have to ask the question, do you think that the cycle is over?
Yes, it's far from over.
Yeah, I've been telling all this and talking like last month.
It's cooked, so it's done.
So Andrew says it's done.
Keep Bitcoin, Papa.
I'm not trying to fudge you, Andrew, but it sounds like you bought a 90k Bitcoin.
Now, you know, my my my community says they're free.
You don't say I've been right about Bitcoin since 25.
I've been writing about it.
You know, I'm a science.
Did you really just say that Bitcoin to 10k?
Did you really? I'm playing. I'm joking.
But do I think the cycle is over?
I think it had it. It could be over because I think about influence wise and why would Trump want to pump the market in the
Beginning of his term why not pump at the end of his term?
So then he has more influence again, like why not farmers at the end?
At the end of his time, he's not gonna give a fuck about influencing. He's fucking 90 years old
Yeah, but no he cares because guess what?
He wants he wants his influence to pass on to the next president.
And if he pumps the markets at the end of the term, guess what?
People are going to be like, you know what?
If Trump was going to pump it at the end to Andrew,
why won't he pump it and have the happening?
Why don't they pump it both times?
Why does that be one time?
Because we need to have a bear market like we need.
We need a bear.
The part of the bear.
I agree with you.
And we haven't had a bull market. Right need. I mean, we need to have a bear. The part of the bear. I agree with you.
Andrew, you haven't had a bull market, right?
Exactly.
What the fuck are you talking about?
Bitcoin hit one hundred and six hundred six thousand.
What are you all talking about?
I guess Andrew, Andrew replaced fucking Hanuk today.
What the hell takes shout out to Andrew.
People are saying we have seen a
more statistically speaking, Andrew, we haven't because we should be over 200k Bitcoin based upon TA from all the previous cycles of Bitcoin.
At least, minimum.
What about Bitcoin tether dominance? What about that whole thing? What about euphoria?
Like, nobody...
I have been pretty euphoric. I'm not gonna lie.
That's what I'm saying.
Yeah, Mr. Krysto, you could be euphoric in any state because you know what the fuck you're doing
So you would love a bear no matter what right? So wait, okay
So you feel like we where we have talked and my dad inside
I think that we're in for a period of stagflation
Which most people have no clue about but I do think that we are in for at least a period of that before we see.
Memes or alts run.
How long in 2000?
Guys, 2025, does the market erupt?
Yay or nay? No. Yes.
Trading market.
No. So. Trading market.
He said give it to me.
So hold on, you said no. Why?
I just think there's just too much burnout. I think Bitcoin might have topped for the year.
And I just think there's just been so many top signals.
Like every celebrity has launched a coin Trump launched a coin
But but I also don't think the bear is gonna be as bad as it has been previous cycles
Maybe big maybe the bear this time is only
12 to 16 months long and maybe it's just Bitcoin hitting, you know 60 65 and then it rebounds
If it goes to 65, it's got to go to 61 to clear out that fucking big ass
swath of money sitting there.
It's like over $6 billion in liquidation sitting there at 60 61 or 60.
And if it goes to 61 and got to go to 40.
And if it goes to 40, you got to go to zero.
And if you want me to be honest, they're just harvesting all the losses from all these liquidations.
And if you want me to be honest, they're just harvesting all the
losses from all these liquidations.
I have to disagree with the whole panel.
I don't think we topped out anywhere. I would say you're agreeing with me then.
So, David, you know, I went through a bull market, bro. So you're telling me from 15k? No, we haven't
even entered the bull market. Look, look, look, look, this is what we've gone through. In my opinion,
we've gone through and we still are going through a Bitcoin run.
We have yet to go into the old coins or the memes.
What? And how do we not go into the memes bro?
Okay, let me ask you a question tell me about tell me about this tell me about the liquidity that you speak of Tell me go ahead cycle the look tell me about the spread between multiple block chains
Well, that's why we didn't see let me have the like like last like we only had a couple of options now, bro
There are there are numbers and there are numbers
You know there are numbers. There are numbers like we weren't seeing a hundred thousand tokens being made every day
We also had all these new people come into the space
I digress or you're seeing baby doge at 8 billion like we're not even this is this is a baby
Yeah, but there was a question Bitcoin Bitcoin. Is that not true? Is there not less often? What are you talking?
That's like, oh my my bugging. It doesn't matter.
It was more liquidity. There wasn't ETFs.
The let me break it.
Andrew retail came in here.
Yes or no. If Donald Trump can't bring retail and who the fuck? No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, holding NFTs who then switched over to memes when they saw a Pepe take off in April.
Okay, that's what happened.
You had a bunch of NFT bros that no longer could have fucking they could they finally
figured out holy shit.
You need another buyer for an NFT.
Okay so first they were pushing back against Pepe.
Okay I saw it all in 4k.
So if Trump man they were pushing retail Who's not listening? Hold on. First of all, you keep on, you'll keep on talking
about retail. Retail is broke. How many times do I have to explain it to you? Americans.
Hold on. Hold on. Hold on. Hold on. Americans are in debt. okay? They are in debt. They don't have money to participate,
so retail is not in yet, okay? They're not in yet.
No, they're not.
No, they're not. The money that you see is old money that's been recycled here. That's it.
Memes haven't pumped, okay? Memes haven't done anything yet.
Old coins haven't done the real old coins haven't even touched the service yet.
Okay.
Bitcoin Bitcoin is the only thing that's going because you have fortune 500
companies.
You have institutions that are pouring money into,
into the asset and not all of it yet.
Fart coin, unicorn fart dust, giga.
You had a few.
All these AI16z.
That ran like they ran like a month.
Yes.
The problem is this cycle compared to the last cycle is there's a lot more circulation,
right?
So guys, there's fake volume.
There's just there's so many of them. All right, guys, if I show you the stats, I show it's funny.
If I show you the stats from 17 and 21 to the stats that you're trying to provide here,
it's fucking hilarious.
You have an extreme amount of fake ass volume here that is making it seem like that retail
was here when retail never stepped in.
Retail never stepped in retail never stepped
into this playground they didn't because they don't have money I don't know how
much how many times I have to say this would you guys like me to post up all
the data David if they don't have money that is they don't have money they don't
have they're not here we're gonna go into a you're not understanding the
answer that we're trying to you're not gonna get it. I'm trying to get to it.
You're going to see it's going to go.
Forget about the stimulus check.
I know it's hard for a lot of people to grasp this, but when, when the rates go
down, that means when we get a stimulus right off the bat from that, forget about
getting sent a check on rates, go low.
That allows people to buy stuff the economy
The economy will start to fucking kick up. They're buying houses. They're buying houses though and groceries
I'm great. You know what? Yes, they are because when they buy a house then they buy a car and then they go investing
You know, please
How much money do you retail got? How much bro retail got a lot of money. You know what retail did last year? Do you
know what retail did last year? Or no? Billions and trillions of dollars overseas. Retail
got stimulus his last cycle. Let me ask you a question. What was the total market? What was the total market cap for?
Uh, what was the total market cap for last cycle?
Andrew?
Oh, sorry.
God, the crypto sirs.
So you don't see no, it's $3.7 trillion.
That was a total market cap last cycle.
That was lower than that.
No, no.
In total combined at total all time high, it was 3.2. It was lower than that. No, no. In total combined at total all time high.
It was 3.2.
It was the biggest.
It wasn't 3.2.
It was 3.3.
It was 3.5 to 3.7.
Let's not rock coin market cap was 3.5 3.7 on coin.
Gekko like hover around in those averages.
We were in the three, three trillion dollar area. And that was retail.
That had nothing to do with institutional money. That was just retail. And that was retail when
the catalyst was Wall Street bets. Motherfuckers went into AMC. They went into GameStop.
And then they were all using, they were all using Robinhood all using Robin Hood and Robin Hood brought in a lot of motherfuckers in here a
lot a
lot and those stimulus checks obviously fucking helped and then you had
Robin Hood changed the game when that money came in Robin Hood provided a way to use it in the crypt
And put it into crypto and that was that was the game changer in my opinion.
We're literally right now we're sitting here and this is really like, if you
calculate it, if you, cause the numbers don't lie, we're at 2.75 trillion dollars
as a market cap during, during a choppy time, 2.7 trillion during a choppy time.
And guess what?
One point, you can literally say $1.7 trillion is what Bitcoin is worth.
That's why I keep on saying this is more of a Bitcoin run right now.
Trump is going to fix the economy,
very bullish on that.
Trump has been bullish on fucking
crypto.
There has not been one negative
thing that has come out from this
administration about crypto.
It's been about making America the
crypto capital of the world.
Bitcoin reserves, crypto reserves,
everything crypto.
Bullish members in the SEC for crypto, CFTC, every which way you look, bipartisan bills,
everything pro crypto.
We're just waiting here.
We're waiting.
He's fixing other things before, he's fixing things that will affect the economy
in a positive way.
Rates will come down.
I'm pretty sure they're going to cut rates two to three times in 2025.
That in itself is a stimulus package.
I don't know why nobody ever fucking mentions that, but the rates go low.
That allows people to spend and watch the new people come in.
Go ahead, Sarkozy.
We've got legislation on the table right now that has full support from the president to
purchase a million Bitcoin.
We've got the ETFs that have not fully deployed in Bitcoin and the ETFs approved with the
Solana ETF set on deck.
Like the amount of liquidity that comes with these ETFs,
we haven't even seen the full scope from Bitcoin.
And people say, oh, yeah, that's not going to affect us directly.
It does, man.
When there's the attention, the adoption, all of the stigmas that were around crypto last cycle have dissipated.
So it's a very different beast right now. Then you got quantitative
tightening that is going to cease from being in the mix eventually. We had quantitative
eating last time. As you mentioned, the rate's going down. We literally have all the ingredients
in place to fucking send, especially with the regulatory backdrop. And then you want to talk about like last
cycle. Yeah, there were more options of means, but there were also way more people in these
DeFi fucking Ponzi's that so all the people that were going there, they're not as much
in these like fucking 5000% API, API bullshit. There's obviously some of that and it's going
to different chains. But a lot of people got burned last time.
But when you see the regulatory shift in the way it is and it's being front and center
with a lot of new people that were saying crypto is a scam last time
and big banks and Morgan Stanley, all these motherfuckers are not even yet dipped a toe.
And you got all the unions, all these different fucking multi-trillion dollar institutions
that are going to be allocating a percentage of their investment into this sector.
With the ETFs not even started yet for Ethereum, this is insanely bullish and it's unprecedented.
I think it's crazy to think that we're anywhere close to where that sweet spot is.
Yeah, I'm sorry, go ahead.
Now as you say, I agree.
I mean, like, I mean, we, I said back here, I'm like, I'm, I just like numbers, numbers just don't lie.
And like I just feel like this has been really just like a Bitcoin run.
For the time being, it's just been a Bitcoin run.
Like if this is a cycle, if this this it can be like for it hasn't done anything.
Ethereum has done nothing.
So the Bitcoin has been extended.
I'll be no, I'll give you the mic.
I would be so fucking surprised.
Like if we end this cycle air quote and big and Ethereum just fucking never
passes $2,500 again.
The Bitcoin one last point is the Bitcoin dominance, you know, where you would think
it would not be as drawn out has been extended because the artificial manipulation that the
institutions have the capacity to enact in order to get the entry price that they need
to get for their their investors.
And so that is obviously unprecedented and a bit of a blip in what we would think in
the normal four-year cycle.
But to ignore the power that they have for price manipulation and to see these like FUD
articles coming out with no name authors and like that reach the Facebook algorithm.
So you got your uncle calling be like, yo, is crypto.
They say Ethereum is going to go fucking down and that these are these are fucking
cyops, man, and this is something they're able to do with all markets.
It's not just crypto.
And so people should just take note of where these, you know,
bearish sentiments are coming from.
They control the they really do control the mainstream media man
And I don't think people take that into account life and glory is up
Greg good morning. I love the conversation. I one thing I want to say is I
Don't and we'll never know whether it's the top the bottom shop
I can never call a top or a bottom but in terms of retail one thing
one thing that I have to say is I have, how do I say this?
There's a lot of people that I, it's kind of like eyes, boots on the ground kind of
thing that I talk to that are my age, right?
It's a little older and they're still unsure.
They're still sitting here thinking, is it a scam?
I try to give all the thesis that I have
in the most articulate way that I can,
which isn't always the greatest.
But they're not even ready to dip their toe yet, right?
And these are cats and kittens that have,
they're the ones that have the money.
They're not getting stimulus checks. They're not, they're the ones that have the money. They're not getting stimulus checks.
They're not, they're looking to invest in TradFi still
and to hedge funds and to real estate.
And they're not, I just don't think
and I don't know if they're coming.
So what part of retail are we talking about?
You know what I mean?
Like I look at the people that I know
that I would consider retail and I'm screaming
as much as I can from the mountaintops. I show them what I mean? Like, I look at the people that I know that I would consider retail and I'm screaming as much as I can from the mountaintops.
I show them what I've done, what I've made in a short period of time.
They still don't have the bandwidth to sit here and learn it and love it.
Do they want to go into an ETF where they don't have to think about it and allocate
a small portion of their net worth into it?
Sure, maybe.
Like let the advisor do it.
But I don't know what, when we talk about retail,
what are we talking about, right?
Like, is it fiduciaries that are part of brokerage firms?
That's retail to me, that haven't been allowed to come in
until they've done the research that they're allotted
and have to do before they put other people's money in.
Like, what part of retail are we talking about?
I think it's the normies.
It's the guy who's going to put $100 in.
The guy who's gonna put $1,000 in.
Is that enough to make it fucking go
to where we're talking about?
A bunch of people putting 50 bucks in?
Is that how that works?
I think that in my, every single time the normie comes in, that's when big
money decides to also write in and they write into assets that look, Vanik started posting
about you've seen, hopefully everybody knows who Vanik is.
Vanik started posting up fucking me and like they started just posting memes.
Like they will put Pepe in the goddamn meme.
They will put Bobo shout out to Bobo a forced meme right into into their memes.
They understood where the crowd was.
They understood that people were going into the meme economy and they were playing to
it and then they came out with the meme index, right? And I and I think the people that will be coming in here
The you know the hundred dollar buyer the $2,000 buyer the $5,000 buyer
That normies going to come in and they're going straight into memes first and there's a lot of them
If you think about it, there are more people that have a hundred dollars to their name then
10,000 to 20,000. I think we lose sight of that because we're so here If you think about it there are more people that have a hundred dollars to their name then ten thousand to twenty thousand.
I think we lose sight of that because we're so here.
In this fucking space in our own eco chambers when i mentioned a hundred dollars is like you guys brush it off you give that out to the waiter you know after you done you know having dinner.
You know meanwhile that guy with a hundred dollars is hoping that he can turn that hundred
into a thousand, a thousand into ten and so forth and so on.
Those people aren't here.
They're not.
So here's another question.
Here's my next question.
Sorry if I can write like so two things like I go to a certain dog park, right?
And there are a couple of people that, you know, this one girl she's owned, she's owned XRP. She
bought it at a, you know, right before the lawsuit and she's been underwater forever. She's like,
you know, that, like, I feel like those hundred, those buyers, are they, are they really coming in
for the memes or are they looking for something that might be a little bit more, you know,
something that sounds more not, not, not, not that's just, don't take this the wrong way, that's more legit with air quotes, right?
And since 2023, when you guys are talking about SPX and XYZ,
all these tokens that have fucking mooned
from where they've mooned to,
does that not feel like it's been
some sort of euphoric bull run that could have
possibly been the top?
I don't think it is.
I feel like that's like old money that's been in this space for such a long time.
If you look at the way that everything has circulated, like just go back to it, rewind
it and look at the charts.
It's just like, that's not new money that's old money just
going in and getting out and going in and getting out it's just it's just big time recirculation
so that me personally again i go back to this bitcoin is running nothing else is running
the focus is on bitcoin michael Saylor is acquiring Bitcoin every fucking
week. You got you got who knows how many other people are acquiring Bitcoin and just not
Michael Saylor is out there telling you that he's acquiring Bitcoin. How many people are
acquiring Bitcoin and not saying a word? You know, that's why like me when people are like, it's done, it's not done.
It's not done.
Not because, believe me, I'm good, I can walk away.
But for me personally, this cycle hasn't even begun.
I talked about this on the street.
And I talked about this with people that analyze this shit for Coinbase and shit like that
behind the scenes.
They're like, this shit didn't even start.
And they would know better than
anybody else.
Like they're talking to these
people, they're talking to big
money.
There is money on the sidelines
that has yet to come in.
And we're still at 2.75 trillion.
My biggest thing is that there are
more people that have $100 to their name than 100 grand.
So right now what we're looking, we're talking in an echo chamber.
We really are.
On this application, we are really talking to a bunch of people that don't really consider $10,000 to be money.
And I can say that knowing that that is 100% the motherfucking truth. The people, there
are more people, and we'll say this again, there are more people in this world.
And by the way, don't focus just on the United States of America.
Now that the United States of America has embraced crypto, it's going to spread like
not that the United States is the end all, but now but people feel better.
Countries feel better now participating in crypto, they will use US, as they always have done, they
will use US legislations and implement that into their fucking countries to operate or
use it as a stepping stone to operate with crypto.
I believe that 100%. Watch, I am going to die in this hole, but within the next few months, the green candles
will pop off.
And I know like life and glory, you just made that comment like more legitimate, right?
You know what, I can say this.
All these fucking projects promise the world.
Okay, they promise everything.
We're faster,
we have a partnership.
I've been hearing this for
eight, nine years.
90% of them have never delivered
anything, zero, okay?
Here, I'm going to get murdered for
this, but fuck it, polygon, I'm going to get murdered for this, but fuck it.
Polygon, okay?
Matic to polygon, all the partnerships, Disney, Reddit, dah, dah, dah, dah, dah.
Yo, my friends were putting NFTs on fucking polygon.
It took me nine years to acquire an NFT off a polygon.
I wanted to support my friends.
It took me nine years to acquire the fucking NFT.
And it wasn't because I'm an idiot.
It's because Polygon sucked.
So when people say, well, what's what, but, you know, that's the thing.
Are they going to get the retail people again?
Yeah, but no, but hold on.
It's not even about getting the first thing that retail is going to do.
They're going to go into the easy entry points and that is memes are relatable.
You can't tell me near protocol, polygon, fuck, I'll name out all these names,
polka dot, like nobody gives a fuck, like Vomu, I don't know what the fuck you're talking about.
Oh, the yields are crazy. Motherfuckers don't know what a yield is,
they don't even have a bank account. So they come in through memes because it's relatable,
they know what the fuck that is. They know what the fuck that is.
They know what a Nike symbol is.
They know, they just know.
They've been on fucking Reddit,
they've seen Pepe.
They've seen Dogecoin.
They must have walked into an AMC
movie theater and they saw like,
we accept Dogecoin.
And that's stuck in their head.
And they can easily come in to this space through the memes.
A lot of my friends have come, people who I know and I'm close with now, have come in
through Dogecoin.
And they're doing very well for themselves because Dogecoin allowed them to acquire Bitcoin.
And when I say that, I say that from the standpoint of
it was just easier to get educated about Bitcoin because you go into a Bitcoin maxi room, it is horrific. They're not even trying to teach you, they're belittling you.
So I think that we haven't seen retail and retail will come in through the memes.
But I think that we haven't seen
retail and retail will come in
through the memes.
We will have a legitimate meme run,
the alts would run, and
we will end with NFTs.
And I've been saying this for
months, we will end with the NFT
market just because the reason why
I keep saying this,
people will have money.
People in this space will have money.
People in this space will have
money to flex.
And their flex will be not cars,
not houses, because they live in
their grandma's basement and
they will be very wealthy.
Okay, they live with mom,
they don't need to buy a house.
They are not interested in the car,
they can't pass the driver's license
Test okay, they can't the road test they can't pass
So what they're I'm gonna buy a board ape. I'm gonna buy crypto punks and we'll get myself Bitcoin puppets
Rooms I'm gonna get all these
Bro that is I'm not gonna lie that is an L take that's an L take
Watch this NFTs and the the cycle people will get into NFTs. They will buy a Zucches
They will buy pudgy penguins. They will buy all the top tier
Speaking if you have a couple mutant apes or board border if you still have more money than the average American.
I don't I don't see that happening.
Another thing to you talk about retail coming and stuff like that.
I'm going to say this point.
So right now you're saying that Trump's going to build the economy, make the economy better. Right. So why is big money going to go take their their cash and go buy
cryptocurrency? Like when it would be smarter for them to have cash on hand
while the economy is getting better than going to buy crypto right now.
Like like, bro, when you have money, they do it so they multiply.
No, when you're making millions of dollars a month, there's no point of buying any type of crypto. the value on your cash and that's being conservative. Nobody is going to hold. Isn't the economy getting built back better?
I thought Trump's going to build the economy better.
Yeah, but but Andrew, Andrew, I got friends.
That doesn't change the fact that inflation is killing your cash.
It's always going to be better.
When you inflation, you get it on the way.
Isn't it?
I'm sure we are plenty.
I'm sure we are plenty of people that
faded crypto many times that have now been hitting this up like, hey, yo, the and all this stuff, it's different than the people that are serious investors have plenty to invest, but they're seeing the stock market and the situation is in a lot of uncertainty.
And meanwhile, gold, all that stuff with Ford Knox, like people are talking about Bitcoin
as a store of value, a real store of value that makes sensible fucking that makes it
that makes a legitimate sense. You don't have to carry around clunky fucking gold bars.
Even that alone resonates.
And now that it's front and center,
now that there's made such a concerted effort
to elevate and put America as the source for it,
people are viewing in a very different.
Yeah, but see, Kosta, think about this too.
How are people gonna feel safe about holding Bitcoin,
right, when billion dollar exchanges
with billion dollar security teams are getting hacked? How do you feel safe with cash? You're not understanding the crisis, Andrew. Bitcoin right when billion-dollar exchanges
How do you feel safe with cash you're not you're not understanding the crisis Andrew
It is decaying and dying every moment of every day and it's been this way and all the institutions are accepting
like
Every currency last about 80 years the next one up is the great British pound the Solana right now, you said they don't feel safe buying Bitcoin. Are they going to go into meme coins? I mean dude, like I get it. Maybe they're not gonna play the hyper gambling game,
but it's not as complicated as people are making it out to be. If you feel you've been in the hole and
then the economy turns around and you have some spare change. I mean, Andrew, you made a big play and then you grounded yourself in like, I'm going to
go into large caps.
And then like three weeks later, you're like, nah, fucking I'm going to the trenches.
I'm about to multiply this shit.
So it's kind of what Sikasa said about multiplication.
If people feel they're in the hole and then the market,
the economy is better, the market is better,
then people will gamble.
It's just a human thing.
That's why the trenches will never air quote die, right?
Because people wanna make money.
It's not that complicated.
The people with money, that's what I was saying earlier the people with money
like some of the people that I'm I'm talking to they're they're a little they're the I have to say under there they
They just kind of want to be in a Bitcoin or or eath
Like they they want to be in something 100% they want to be in something that they trust, like we're talking about.
It's becoming more mainstream.
It's becoming talked about with the President of the United States, everything we're all
talking about.
These cats, they're like, if I'm going to do it, either it's 2% or 3% allocated from
my net worth into an ETF, which is safe, which is managed.
And if they want to do it on their own, then that's kind of what they're going into. That's just that
sector, if that makes sense.
You're talking about the difference between getting rich, which is going from zero to whatever your magic number is
versus the person who hit that magic number and now never wants to go back to the hood. Those are two radically
completely different strategies
And this is the reason why Bitcoin was created you guys better understand that there is a crisis
Y'all you know what's funny about the hood wrap the hood culture America will teach you go get cash go get cash go get
Bro, cash is poison cash is dying. It's a cancer
It's literally decaying every single month of every year in perpetuity
Whatever your cash a hundred million today is gonna be like in ten years from now, bro
It might as well be ten million like not quite those numbers, but it's dying
It is a crisis and investors like real whales know that so you got to put that money
You got to put that cash into something that is appreciating
protected and growing while capping your downside wouldn't that go against that no you know
andrew you gotta understand what fixing the economy means you cannot reverse the decay of
the dollar nobody can do that in a four-year term it's over it is done for currency bro at this point your job. It's a waste so everybody up here agree to the dollars
That juice cash. I'm coming here wild
Yeah, I'll tell you right now the UAE just went ahead and invest in like one point something trillion dollars
I'll tell you right now the UAE just went ahead and invest in like one point something trillion dollars
And you know trust me the dollar ain't dead the greatest shit coin of all time got more liquidity
I didn't I didn't I didn't say it's dead. I said it's dying. It's decaying. It's losing its value
Seven to twenty percent every year and so my end of trouble don't be an entrance term David
Do you believe that the dollar will be up or down?
Do you believe that the dollar will be up or down?
Like, it'll be up.
It'll be I'll be up. I'll be up
It'll be up on the option.
Why do you think your eggs and your house and everything has been going up every single year of your life?
Eggs are going down though.
What are you talking about? Eggs are going down.
That's what I'm saying. Your dollar is losing it.
Yeah, that's the same thing bro. Your dollar is losing its power as time goes on.
You know, you started with a fucking W.
You do know your dollar has lost 99% when I did the last 99% you started with a W take and you went to the L's
hold on, hold on, speaking of L
I agree with you now, I wish Landy would cook y'all
first of all, he's not gonna agree with your take
and second, let me just get Landy up here
cause he's had his hand up
and we've had to listen to Hanak's obnoxious takes
go ahead Landy, what's going on I just want to say I
individuals on this
Okay, why you guys that's wild?
Well, I don't agree on it because I really do believe that you know
number one you guys don't want the dollar to go and come to an end that's kind of
Crazy fucking see that that's the That's kind of crazy fucking.
See, that's that's the it's one of the things that was going to replace.
You're not listening to me.
I didn't say it's gone and being.
Let me shut you the fuck up for a second. OK.
You like present my position correctly.
Can you please hold on, hold on, hold on the rupee?
I guess you guys want the ruble to be the world currency here, but what I wanted to
say is, I think we got the right people in office right now to get the dollar healthy
again and put it in the right direction.
But I don't see the dollar disappearing the way that, you know, and it's always in crypto where I sit back and listen to everybody
Say the dollar is done the dollar is done
Yet if you want to listen to Michael sale of the mic Michael sale it says well Bitcoin can help the dollar
So I don't know. I'm kind of not really
Interested and I know this is going to sound harsh interested in what?
You guys deemed to be the downfall.
You know, you guys need the dollar.
You guys are thumbing me down.
Yeah you're in these memes.
What do you think people?
How do you think people go on to buy your memes?
It's funny.
Anyway, let me let Landy speak man.
Landy, go ahead man.
Morning David.
Look, the dollar's not going anywhere. What's going to
happen is the dollar will change over time. And, Andrew, to kind of, I understand the point that
you're trying to get to. If the economy's improving and the dollar strengthens, then inflation slows
down. And then, you know, then you're like, okay, well, why wouldn't people just
stay in the dollar? I'll tell you why. Because we can't go backwards on the printing, right?
And just because the velocity of printing slows down, that doesn't destroy any existing
dollars. I'm sorry, MMT isn't real for all the folks that want to subscribe to MMT because
that liquidity stays in the system.
Once printed, it doesn't go anywhere.
So then you look at, okay, what are the biggest vectors that we see the movement towards right
now at a much faster pace than many even expected in traditional markets?
Well, the first big one is Bitcoin and now Ethereum via
traditional market sectors. We've already had the older big cap
cryptos have been well established and they've been around for a long time. If
you're talking about some of the oldest, you're looking at Bitcoin,
Ethereum, XRP and other majors and as they get ETFs, spot ETFs especially, then you're going to see
a movement of money towards that.
But the big billboard, the big advertising sign to get into crypto is the main limited
asset.
Who's the headliner?
It's Bitcoin.
Once they start moving over to Bitcoin, they will then naturally start to come into all
of the other cryptos, even if that's their only thing.
It's like, okay, we have an infinite amount of money on a technical side in the fiat system
moving into a limited asset.
And then once they're in that, when you're looking at traditional market players and
investors and portfolio managers,
what they'll do is they'll go down the stack, right? And they'll start getting more and
more and more. And what you have then is crypto hoovering up the dollar. That's really the
only vector, right? Because then everything is still going to unless we're going to go
and say, okay, the dollar is no longer a thing. That's not really, I don't ever see that really
happening. I think we'll always have. Yeah, nobody said that either, by the way. I'm just,
this is, I'm not trying to mischaracterize what you're saying. I'm saying that the inflation that
already exists isn't going to go away. And there will continue to be inflation. We're hoping for less inflation under a Trump administration, possibly
if there is a continuation of the lineage of that administration with JD Vance or others,
and that they carry the torch for fixing the underlying economy, which Trump likes a strong
dollar. This is actually one of the reasons why the market is concerned, because deflationary
pressures create a stronger dollar.
Dollar goes further.
I think even though the dollar is down, I think by the end of his term, it will be up
again.
One of the bigger things that you're going to have to look at is as crypto gets integrated
into the traditional market systems and exposed to more people, you're going to have the net
move over is going to become bigger and bigger and bigger into the crypto side of things.
And the ultimate goal is with an SBR, I think, will eventually be to have enough Bitcoin
to back Treasury assets as a vector and probably see other cryptos go in that are yield bearings
for proof of stake assets.
I bet you that we will see that at some point.
I think that's not going to be for a little bit longer.
There's no reason not to earn interest on the other side and then link that to treasury
assets and now you've got a big reciprocal system, a circular system that's earning yield,
kicking out yield from crypto markets to traditional markets and going back and forth.
We're already seeing how they want to do this in traditional markets with a proof of
stake assets for the yield. And there's going to be these types of products for Bitcoin.
And there already are, but they're going to start working their way into traditional markets as
well. So I don't see the dollar going away. Also, I don't see, Andrew, I just don't agree
with one aspect of what you had mentioned.
And that is that no, they're just going to want to sit in cash.
They're not going to want to sit in cash because what a real investors do, they invest.
They don't sit on the sidelines in cash because they're looking to earn on what they have
and crypto.
Yeah.
But when interest rates get cut, their cash has more power now.
Now they can go buy property that generates passive income
instead of holding a crypto asset that's not generating.
No, no, no, it's the opposite.
They're not gonna use cash to buy anything.
They're going to borrow money
because the rates are fucking low.
Exactly, exactly.
This is, and Andrew, I get what you're saying.
You can still put down payments, bro.
They're still gonna buy all of those things and guess what? They're still gonna buy Rolexes
Oh why?
Can I jump in?
What smart companies do is that they loan money out at low rates, okay?
They don't use the cash that they have
They use the cash to actually invest into stuff and then they pay off the shit that they borrowed like bro like
Holy fuck
Yeah, but you need that cash you need you know
Go take a fucking
Loan and I have no cash on me bro Apple if Apple wants to take out a loan
They're getting the fucking money for the loan. Okay. Yes
Apple told my retail but that's who do you think's buying
land retail? No people who have money people with people with a good net worth can go to
the bank to their private bankers and they can get their loan and they will use their loan rather than cash
Smart people smart people use
good debt But you need a certain amount of money in order like you go put 20% down and now you want to pace
Hold on real quick. Let me ask you a question.
If a car, if you want to get a car and there's a 0% deal on it,
are you going to buy that shit in cash or are you going to take the finance on for 0%?
I'll probably buy it because if I take the finance for 0%
You're an idiot. You're an idiot. I'm going to get taxed for that.
I'm probably going to pay double. I'll pay double for the car.
Forget the car. Hold on. You're going to get what are the what are you talking? You'll get tax double on the car
I mean
Hold on I just asked you what would you do if you had the cash to buy a car which was?
250 thousand dollars, but there's a 0% interest rate on it. What would you take?
Would you take out your cash or would you take on the 0% interest rate? Oh, you said I thought you said 0% down. I thought you
were saying that. No, no, I said 0% interest rate. Yeah. Yeah. If it's a 0% interest rate,
that's an obvious. Why are you taking the 0% interest? There's a second part to that
question. And what are you doing with the cash instead of buying the car? Wait, what
am I doing with the cash? I'm investing it. I'm going to double my money
and then I'm going to pay that shit off. So now I'm using my money. I'm using my money.
I'm allowing my money to work for me. Yeah. Okay. While I borrow the bank's money. Opportunity
costs. I have good debt. You need good debt. You want to have good debt, not bad debt.
Okay. Spending on your credit card and buying Montclair jackets, bad debt.
You're going to take your money and go get it.
Hey, real quick, real quick, real quick.
Hey, real quick, real quick.
I just want to make one point and I'll stand down for half an hour. Here's my point.
There's an opportunity cost if you don't deploy that capital into the right vehicle. So if you just hold a million dollars in cash today,
a year from today, that million dollars has maybe 900k,
930k, 950k, whatever the number is in purchase power by this time next year.
Your cash is decaying.
But if you'd have bought Bitcoin instead,
and we follow the same path that Bitcoin has been on for the last 16 years,
you could have had a return of maybe 20%, 30%. But why would I rather make a percent a year instead of a percent each month
of a property that's giving me passive income like it does?
Like, I don't know.
Like, it doesn't make any sense.
The reason why the reason why.
No, it's the same.
It's the same exact answer, bro.
Real estate also appreciate the right real estate appreciates, too.
So I'm not even arguing about which vehicle you choose.
The point is cash is a problem because it decays every year and you've got to move
that cash into some sort of asset, real estate, Bitcoin.
Everyone has an argument on which one is the best, but you got to do something with it.
That's the point.
I need to I need you to answer a fundamental question for me, Andrew.
Do you consider crypto asset an asset?
Yes or no.
Consider Bitcoin asset. OK, so you don't consider any other crypto an asset. Yes or no. Consider Bitcoin asset.
Okay. So you don't consider any other crypto and asset.
No. And I hold that one just in case anyone's wondering, I'm not
bearish on Bitcoin, but I get it.
I get it. And like I also was in that camp for a really long time
where Bitcoin is the only asset. There is no second best.
And here's the thing though, we have banks that can now
hold crypto on the asset side of the balance sheet. Okay? That you cannot discount. Why
would they want to hold crypto on the asset side of their balance sheet? Not Bitcoin,
crypto. Do you know why they would want to do that?
Also more people can take loans on their crypto.
Exactly.
There you go.
There you go.
There it's an asset.
There you go.
What you're going to see is, is you're going to see a big movement.
No matter what, I don't care how they get in or if they get in via
memes or if they get in via packaged products or they get in through
the banks, you're going to see a massive amount of capital moving to crypto to take
advantage of the assets themselves so that they can potentially lean against those for
good rates, especially if you have what Bitcoin is and the Bitcoin DeFi ecosystems and yield, and
then proof of stake ecosystems and yield, because it can offset the interest rate.
This is massive.
They're going to view this as a money glitch.
They are already building products around this quote unquote money glitch.
There's no such thing as a free ride though.
So it's got to come from somewhere.
And it's coming from the continuous flow of cash into these assets. Right. And that is where the power lies. You're
going to see it. It's just on that path. And like, I know that you have a stance of like,
I would rather go buy real estate, I'd rather go buy all these other things. Well, guess
what? They're all going to be tokenized anyway. So you're going to be dealing with crypto anyway at the end of the day.
They're all going to be tokenized.
If you don't think that we're going to tokenize.
I mean, we'll see.
No, they're tokenizing.
Not all of it.
Not all of it.
Not all of it, bro.
They're going to tokenize.
They're going to tokenize literally everything.
This is the path that we're on.
Now it's just about your time horizon.
All right. Let me get to time. literally everything. This is the path that we're on. Now it's just about your time horizon.
Let me get to Tammy. Tammy, what's up?
I just wanted to reiterate what you were saying, David. And yes, this is financial advice
because I feel like I'm qualified to give that. There is such a thing between good debt and bad debt. So he's absolutely right with there being things
such as, you know, good debt.
So he's absolutely right with the vehicle analogy.
So typically what the manufacturers will give you,
they'll either give you a 0% or they'll give you cash back.
So you have to really do the math.
And these are the things that they don't teach you in school,
but you absolutely have to do the math and these are the things that they don't teach you in school but you act absolutely have to do the math on that and you always always use someone else's money before you're on.
So you keep yourself whole if if they've got a zero percent deal you take that all day long because you are keeping yourself whole.
whole and you're making those payments you can pay it off at any time whatever
you want to do with that but if it is a 0% deal every time take the loan and
that's just my financial advice to you people that are wealthy that know this
system know the game know that you always use someone else's money first
especially if it's 0% or cheap money. So I just wanted to reiterate
that.
Look at look, look, look, look at Grant Cardone, Grant Cardone uses everybody else's money
to buy shit like it.
But don't forget, don't forget what else he does though. Because there's a there's a lot
of people taking 0% rates that are poor or middle class. You have to also simultaneously
redeploy the cash.
If you're just taking loans and you're not investing and turning it into more,
you are sinking yourself into a hole. You also have to do both, redeploy the cash too.
And I'll tell you guys this too, you know, with credit cards, you can use those to your advantage.
I'm not a big credit card person. But obviously there are some that offer reward programs
that you can do as long as you are disciplined with those.
You have to be disciplined.
You have to pay it off every month.
Don't put bullshit on there like,
I'm gonna run and get some groceries.
I'm gonna run and grab something to eat
and put that on there.
Don't do that unless you are gonna be disciplined
and pay it off each month.
Then you can absolutely do that
and reap the reward on the other end.
And I'll give you another little tip.
I did wanna make a post about this
and I'm probably going to.
Something else they don't teach you on installment loans.
If you do have an installment loan,
and let's say, I don't know,
you wanna go buy a car right now
and the rates are relatively high.
So if you have any sort of installment loan, this is going to work on just a normal simple interest loan, and you get paid weekly, you get paid biweekly, however it is that you're paid, take whatever that payment that a vehicle or whatever it may be, just a simple
interest installment loan. Make that payment if you're paid every two weeks, do 250 every two
weeks because that interest compounds daily. So you're compounding that interest on a lesser
balance each time you cut into it every 14 days that rather than waiting 30 days, all that interest
is occurring. You make that payment, they take the interest first,
and then you go on to another 30 days.
If you can cut in,
you're not paying anymore.
I give kudos to people that do.
I think that's great when they pay
more than what they should
because you're just going to pay it off faster.
But with the interest rates being what they are right now,
and I know people have gotten themselves in trouble.
I know David has talked about this. I haven't gotten the new numbers to see what the you know, our national credit card debt is right now. I can't even imagine people are just suffering with that.
What time? Oh, it's awful. It's awful. But what what people need to realize is, they're not being paid as much. So yes, they are using those credit cards
because they're supplementing their income with it. So they don't have enough at the
end of the month or during the week and they're using their credit cards and they're just
burying themselves. So what I give you to you real quick. It's 1.2 trillion. It's disgusting. It's awful. And people are using that because they have
no other choice. And that's what's so sad to me. And credit cards will ruin you. They
will.
And I've seen it time and time again. I had someone when I was in finance that came into
me over $100,000 in credit card debt
that they had racked up and just couldn't even tell me
like what the accounting was for.
I'm like, well, you know, what did she spend this on?
This was a husband coming to me.
His wife had spent over a hundred grand
on their credit card.
And here he is coming in to get a home equity loan,
pay it off.
So it happens, it happens.
But just try if you can to stay away from that.
If you do have an installment loan,
try and break that up.
If you get paid like people that have normal jobs
that get paid every week, get paid every two weeks,
whatever it is, just split that payment up.
It's not hitting you at one time during the month
harder than the other.
And I'm telling you, it will shave time and it will shave interest off that low
and it will save you money.
So just think about those things and the people that are it does not work for
credit cards, unfortunately.
But there are some tricks to that too.
They send you 0% deals do that do it.
You've got to pay a small fee to transfer it and just attack it, go after it and pay it down. So someone else's money first. I just wanted to say,
I want to add into this before everybody goes crazy. The total, the total household debt is at eighteen point one trillion dollars
So when I tell you that retail isn't in here yet, I mean that
It's not just me throwing shit out there and that data is available for you. You can go to the New York
The Federal Reserve Bank of New York to that just one
Area that you can go ahead and and look at the. There are plenty of other websites that provide it.
The higher that goes, the more likely retail is coming because they need a way out.
Okay, you don't understand what I'm saying to you.
This is the all time high for debt.
They don't have money to spend.
It'll be all time high for them to be here.
Okay, let me explain this again.
I'm going to explain this again.
Hanok, their
accounts are maxed. They have no money. Right now maxed and they're behind on payments.
Coming here.
You can't say this and still believe in the bull market.
No I can say this and know that we are in a bull market 100%.
Holy shit. You guys like it just want to, you know,
Hanuk and Andrew like you guys are tag teaming, but you're like,
I will love to have a great debate. And hold on.
I would love to have a great debate with you guys,
but you just waiting for somebody to finish to reply? That's not debating. It's like you're debating on
based on what are we debating on? I'm telling you factual numbers and you're like, well,
this is more reason why they should come in. I'm telling you they're, they're capped out.
They got a second mortgage out. They got a line of credit out. Like they're max. They're
tapped and they're coming. That's the reason. You're saying that of credit out like they're max they're tapped and they're coming that's
the reason you're saying that's the reason why they're not coming i'm telling you okay
so let me ask you a question what money are they coming with bro they still get paid every
two weeks you're not understanding what i'm saying to you think they're gonna come in
here first before they paid the rent before they paid the insurance medical you think
everybody you think everybody has medical coverage bro i'm telling you oh my god i'm the very fiscally responsible person just called me up two weeks ago and is going to be taking
on a business loan to buy Bitcoin for $70,000 because he did the math.
He did the math on how much he's putting into crypto a month, which is $1,000, and he did
the math on the payment.
And he said, I don't have the patience because I do have, I don't know
a lot about crypto, but I believe that Bitcoin will go up over time because that's what the
Bitcoin podcasts are saying that I listened to. And that's what, you know, this guy that
has this company called MicroStrategy said. And so I'm not going to do my little thousand
dollars a month right now. I want to get as much Bitcoin as I can.
I mean, on the back of just saying that debt is at an all time high, I was reading a report
the other day that in the real estate sector that the shady practices of what they're
doing are at an all time high.
Banks are handing out credit cards like
it's fucking candy. Obviously, we're at an all-time high of debt. I know two people in
this space. One of them is sitting on stage. I do not encourage people to do this that
have taken out a loan recently to go into crypto. So if we think because the economy is bad, but then we also say that, so they don't have
disposable income, but then we also say that debt is at an all time high.
Of course people are going to get out loans and max out credit cards and do bullshit.
I don't think that's smart, but I do not think that's smart.
I do not think people's smart. I do not think people
should do that personally. But Jules, the only reason I'm saying all this stuff is because there's
a delay right now. So like a lot of people think that this bull cycle is over with. A lot of people
think that retail came in. I'm telling you that none of this has happened yet.
This has been purely a Bitcoin things.
That's it.
That has I, and while I agree with you on that, that retail is not really here,
that doesn't have anything to do with if people are in debt, are they going to
come to crypto?
I mean, we could even talk about the expansion of this industry to the
point that right now there's what a hunt, each dominance on stable coins is 50 almost
at an all time high for at least for this cycle. It's almost at 55%. There is a hundred
and twenty like two billion dollars and I won't nerd out on all the details. But my
point is my thesis that I've had,
and I could be wrong, is we're at the expansion
of this industry to the point that even if retail
doesn't completely show up, the cycle will still do
what it's going to do.
These people with their $50 and everything like that,
the best that they do is they build communities
because they believe in h hotling and they think
that if they get a trillion tokens of something that they'll all become millionaires if it
goes to a penny or something like that.
That's dumb shit.
That's retail shit.
But we currently have enough money in crypto that the memes at least can still send without
any new people coming into the market.
Because this industry is large enough now that we're still having this
conversation of if retail will get here.
And if you believe that retail is not here, I believe that in fact, I have
numbers to support that and you are here of Solana meme coins doing their thing.
And there was not hardly any retail that was here like what are we talking about?
You know what I mean? It's a tools. How old is your brother-in-law?
He is
45 years old
Okay, so he's got a little bit of a time horizon, right?
I just I I want to just say one thing to Tammy to a whole credit card thing
My mom once told me when I was a young man
If you ever use credit card for dinner,
you're paying interest on something you shit out,
you're an idiot, don't ever do it.
So I've learned to, and here's the thing,
I am now debt free.
And my journey was kind of what Andrew was trying
to explain is every time I got a chunk, the way I got it, I put it down
on a property and I did the math so that I knew the mortgage was always paid.
So someone else is paying my mortgage, right?
And if I had a little extra on top of it, gravy, because I knew in the future, 30, 20
years later, at some point they would be paid off. And I get using other people's money.
Everything I do at this point now for me, I pay cash. I don't take loans out. I don't
make payments. And I can because I have passive income coming in. I'm going to have more passive
income at 60, at 63 and 65. It's all set up. But for now, I am debt fucking free, which
is why 90% of the time I'm in a jacuzzi
when you guys hear me talking, because I don't got to do shit. I don't want to be a Grant Cardone.
I don't want to be working and looking. I don't need to buy the Dallas Mavericks like Hennep wants
to. I just want decent income where I can fuck off and do whatever the fuck I want for the rest of
my life. And that's what I'm doing. So that's something-
Life and value. Like that was my biggest, in my opinion, what Tammy said,
bro, that's like, that was my biggest mistake is I own, and I still own everything that
I have. I own it. I don't know anybody on it. I didn't use, I didn't use good debt.
Like I waited until I had the cash to buy it. You know, a seven figure real estate portfolio was paid for in cash when I
could have took the bank's fucking money cheap and had my own money in my pocket.
Still.
And I want to break breaking breaking news from the G media newsroom.
The U S government lifts tornado cash sanctions and, uh, and all, all know.
Thank you. God crime season continues. Thank you, God. Crime season continues.
Let's go, baby.
Wait, can I just reply to life and glory real quick?
Yes.
Yes.
Can I go after Tammy?
No, no, no.
Look at everybody adulting.
Look at everybody adulting.
Holy shit.
Because I'm on the stage, I'm just saying.
Yes, it is, Tammy.
Life, and here's the funny thing, right?
So I don't advocate people take loans.
I'm in the same position as you
in the sense that I have zero debt.
Guess how I got to zero debt?
It wasn't a fucking nine to five.
I was on so much fucking credit card debt
when I was working a nine to five.
You know how I got out of debt?
I put six hundred dollars in this bitch. That's it
I am debt free with a cash surplus
And I am literally the story of a complete moron who doesn't understand how to read the blockchain
Who comes in at the end of the last bull run and thinks he found the money glitch and then still fucking stuck here for two
Years went to zero, right?
I do not have any fucking debt.
And I will tell any of my friends who ask me, I think you trying to get out of debt
doing your nine to five, you're either going to need to do a second or a third
job and have no fucking life and no family or lock in in fucking crypto.
Do not take out a loan.
That is not what I'm saying.
I am saying I came to this bitch and what I owe crypto is that I do not live with any
fucking debt.
Guess what?
I had a lot of fucking debt when I came here.
The only smart thing I did before at the end of the last came here. The only smart thing I did,
at the end of the last bull run, the only smart thing I did,
I did not stack a cash surplus,
I went to fucking zero twice in the bear market,
but I paid off all my debts, all my debts.
And I could not have done that with my head under water
for nearly my entire fucking life working a nine to five.
And that is why I love crypto and I owe a lot to crypto.
The plan of getting out of debt is temporary people.
It's worth it.
It is worth it.
And you know, back to your point, Sir Crypto and Life and Glory, I as well, I mean, obviously,
because the profession I was in, I'm such a proponent
of being debt free.
We are debt free.
That's just something that you strive for.
And to be able to do that and to clear yourself of that.
And this is not to insult anybody.
And I hope it doesn't come across that way, but it does come back to financial literacy.
And it's sad to me, it's such a disservice
that schools don't teach it. It's something that I used to go into schools and teach.
That was another thing about, you guys know how I feel about credit unions. That was something else,
you know, being a part of the credit union that I absolutely loved is to teach students, to teach
young people how to do it when they get out in the real world because
even their parents weren't even taught.
So that is, to me, it just falls back on financial literacy.
And just so you know, too, I mean, it can be a case where you're using your own money.
You know, I completely understand that if you can pay for it, pay for it.
I look at things a little bit differently.
If the money is free, I'm always going to use someone else's money first and keep myself whole. But there is one other
caveat to that that they probably don't tell you because banks are greedy. They don't want you to
know this. Even if you have your own money, let's say if your money is sitting in your savings
account or you've got a CD, whatever it may be, you want to get a loan. You realize that you can,
just as they're doing on crypto,
you can do that with a savings account as well.
You've got $10,000 sitting there.
You want $5,000, but you don't want to deplete yourself
of that.
So basically you take out a loan
and it's a very small interest rate.
You're still getting interest on whatever account it's in
and you're basically paying yourself back.
So you can
use your own money as well, just FYI. So just as they're doing with crypto, you can do the same
thing with your own money that's sitting. So those are just some little things. Obviously,
I nerd out on numbers. I'm very much in finance, but I just wish people were taught early on how to do these things
because I just see them, people bury themselves and it just, it hurts my heart to see it because
I knew that that's what was happening over the last few years and seeing the credit card
debt just increase, increase, increase just made me sick because I knew what was actually
happening and people are never taught with these credit cards.
And there was a small clip that I put on where, um, I believe it was the big ones.
It was MasterCard, uh, Visa and American Express were sitting in some sort of
congressional hearing and to hear them speak about the interest rates that they
were actually charging and what they pocket from that would make you absolutely sick.
And I did talk to a friend of mine recently
that is trying to pay off credit card debt
that they got themselves into
and they're actually using a home equity to do so.
But the interest rates that they were paying
on the lowest interest rate they had was like 29 to 30%.
That's disgusting.
And the balances were high.
Tami, I think you're talking about that time, uh, the Senate hearing where they
asked mass accord and visa about the charges from both ends, which totaled out
to $15 billion a year and that they have, and they had them and they have a 80%
monopoly on their entire game.
So they can't go anywhere else like businesses
Obviously can't you know can't go get anybody else as a merchant and shit. So yeah, that's crazy, man
but that is crazy the interest rates the interest rates when I first started doing what I was doing for a
Mortgage loan was like nine ten percent. I
Mean they were high interest rate.
You just have to do the right math to know that you're more do the
comps in the areas that you're in.
Make sure your rent that you command pays your mortgage.
So it didn't matter.
And then you can refinance.
Obviously I did over and over and over.
And then the rents went up and the, you know, it's just, you can use the good
credit, the good debt, but in the end, I think the end result in the end game is to pay those things off in time, and then you're right and clear and free.
Exactly. Can I add one thing?
Yes, can I add one thing just to life and glory, what he just said, I am so sorry. I think that was life and glory, right?
Yeah, it was, you're right. Okay, you're showing as a listener,
so that's why it's, I don't know,
I think spaces are glitching.
But what I was gonna say about that too,
with the home loan, you're not married to a rate.
So if you do get something like that,
like you just said, to refinance, to refi it,
and the people that made out truly are people that bought properties.
And let's say their interest rate, I don't know at the time, you know,
going rates were maybe 4%, 5%.
And then when that dip happened, a lot of people refied and I would never,
ever suggest to somebody to pay, like to go in and refi into another 30 year.
See if you can actually make it a 15 year you'd be shocked at what the interest rate just 2% whatever it may be will do to
the payment. If you can refi, refi into a 15 year, look at a 20 year, look at a 10 year
because you've already paid into that you don't want to extend yourself out another
30 years. And one little tip for you,
it probably depends by state,
but if you do have your mortgage free and clear,
obviously we all pay property taxes.
I discussed it at what we pay for property taxes,
but if you own your home free and clear
and you want that still to have that exemption,
get yourself a home equity line of credit.
You don't have to use it.
They probably will make you pull on it for the initial
and then just pay it back.
But at least you get an exemption for that.
You get a homestead.
So it's like having a mortgage,
but it has to be a line of credit.
They won't do a closed end,
which you wouldn't want to do that anyway,
but at least take advantage of that tax advantage
if you can.
Tammy, I'm laughing because like,
I'm just like harkening back to my mortgage payment.
I feel like I'm next to you with the cubicle
listening to yourself.
I know, I feel like I'm back in my finance days, y'all.
Oh my God.
I'm seriously, I'm not a banker anymore, y'all.
I'm so dead, I love it though.
To me, one other thing I just wanna encourage you guys
to consider too, so for me, like, my motivation shifted.
There was a long time where like,
the goal was to get out of debt,
and like I fought for so many years to get there.
But it wasn't until like I had a higher aspiration that got me over the hump.
And so like there might be some of you, you know, maybe that'll motivate you to like for
me like I realized I can't deploy capital.
I can't like reinvest and multiply and get ahead until I get my overhead down so I could
take my revenue so I could take my revenue, so I could take my income.
You know, because so much of my income was being deployed into bills and debt.
So I knew that once I can get out of debt, I can then still keep my same lifestyle, don't
increase the expenses.
That's what every dumb person does.
And I did that at first too.
Every time I, you know, make more money, I'd always increase my expenses, thereby keeping
myself in the hole.
But you keep your lifestyle the same or even lower and take that margin that you just built
and redeploy the capital.
You need to look at money like you didn't look at your cash as like a problem.
Like every dollar that you're not like, I'll give you one example that I personally use.
Every dollar that I'm not deploying into Bitcoin is costing me the easiest
100 X of my entire lifetime right now, because I believe Bitcoin does a 100 X from here over
the next two decades.
And I believe I can see those gains and realize those gains very safely without having I don't
think I'm going to lose my money.
I to me in my head and nobody I'm not saying this for anyone else
But in my head it's guaranteed like it's it's engineered money
It's just so clear to me that Bitcoin will do a minimum
100 X from here and every dollar that I'm wasting on bodyguards or a drink at Starbucks or whatever is
It's not a hundred not a dollar that I'm losing
It's a hundred dollars and that eight not a dollar that I'm losing. It's a hundred dollars. And that eight grand a month that I was spending
on my $140,000 worth of debt, right?
Between like credit card, student loans, installment loan,
all those dumb loans that I took out
to pay for school or whatever.
Like every dollar that I'm wasting,
every eight grand a month that I'm wasting on that debt
for the eight years that I spent like on that debt was opportunity cost in Bitcoin.
And that's where Bitcoin is right now, let alone where it was like back then.
And you might say, I don't believe in Bitcoin that much.
Fine.
Insert whatever vehicle you want.
Maybe, if you're psychotic, your memes, real estate, I learned about annuities from Life
and Glory on a phone call earlier
this week.
That was an impactful phone call for me.
So whatever your reinvestment vehicle is, you need to look at every dollar you're wasting
right now as opportunity cost.
Charlie Munger, Warren Buffett's partner said, the wise always look at life through the lenses
of opportunity cost.
What does it cost me to make the decision that I'm making today? everybody looks at what is it gain you but you need to look at well
What are the alternatives that you're missing out on by engaging in said decision?
So hopefully that'll hopefully you know, maybe motivate you or encourage you, you know to get out of debt so that you can then redeploy
That capital and actually get ahead
Appreciate you guys. What a fucking good conversation today
What a good fucking conversation. Yeah, it's the future you we all should be looking at
I mean like like some people have longer time horizons obviously based on age, right?
so depending on your time horizon this is
something you really need to take into consideration right and? And what your end goal is, if you want to continually work, like I know a lot
of people love the idea of working and making money, like I just, I think it
depends on your time horizon and what you really want to do, right?
But the, but the end goal should be, think about, we have a longer life span
these days with modern technology, bio
hack, I'm trying to stay alive and healthy as long as I can, I want to I
don't want to have to go to work. I don't want to have to do anything but what I
want to do. I look forward to the future because getting old ain't for sissies, man.
I'm a beat-up bag of bones, man. You want to be prepared so that you don't have to
worry when you're older. That's that's's, that to me, that's the number one goal is health is wealth.
So, you know, look, look forward towards the future and be smart about it and live beneath
your means.
If you have to live within your means when you get it and be smart about it for when
you get older and for your family.
I want to thank everybody for it's, it's Friday by the way.
It's Friday.
It's, it's a beautiful day out by the way.
It's beautiful out here in New York.
Um, maybe just maybe, man, take the weekend.
Uh, I know, I know I'm gonna get hit with I'm locked in right now.
I'm locked in, but maybe just maybe take four or five hours. We in right now. I'm locked in but maybe just maybe take me the base for five hours
We in the fucking basement
Yeah, poor if you're in debt and none wrong being locked in you should not be going out get yourself
Get you know, Solomon said in Proverbs
He said if you are the gazelle and the lion's mouth you do everything you can to get out as fast as you can
Is you everything possible life and life and glory always says I Appreciate everybody If anybody wants to watch that video
Appreciate everybody
Shouts to everybody follow follow the people on stage if you fuck with them
and I'll be back on Monday, man. I will be back on Monday
No, no You deserve Yeah, we can Know no, you deserve you deserve
Tune into all the g-media fucking shows going on today
If you're into crypto if it
Can't say some politics tune in we got the schedules out
I think the schedule is going and we get the schedule out there Tammy Tammy Leslie. Can we get the schedule out there?
I'm tired. I get winded. You're winded out here, man
It winded out here, man.
The shoutouts everybody man
But shout out to everybody, man.
We need to get the schedule out here.
Guys stop beefing, man.
Stop beefing.
Be good to each other.
Sit at the same table, make money with each other and then do what the fuck you
want to do in the bear market.
Any painters?
Yeah.
I, I am, uh, I'm taking the weekend.
Who takes the weekend.
800 million in big.
I'm back. No more.
It's the weekend every day for some of us.
Yo, yo, yo, life and glory dropping his dick out here, bro, this is crazy
Dropping his dick out here and shit, but uh, yeah
Appreciate you guys appreciate it
There you go
Shout out to everybody who supports the gmedia network and all the shows on there appreciate you guys next week. We'll have a
Hopefully we can get it out today, but next week. We'll definitely have the lineup out there
We'll have a few more personalities to go ahead and talk about but I appreciate everybody man. Do you think keep keep killing it?
keep a keep working on on trying to get these gains and you know lifting up your
brands to new levels and appreciate again I appreciated this motherfucking
conversation today and by the way god damn it Bobo I gave you a fucking co-host
request and you're gonna take it on but bears do what bears want to fucking do But This ain't even everything I know don't wait to be
Don't wake the demon up
Bro drop and give me 50, drop and give me 50, bro. Drop and give me 50.
I just put this work in the gym.
Who can't even give me five?
What's up, niggas?
And yo, I know you ain't talking about me, dog.
Yo, Kanye lost his mind.
You been on my drip, nigga.
You love my style, nigga.
Crazy.
Fuck with your soul like ether.
When he teach you the king, you know you're a godson across the You love my style, nigga I'm crazy Fuck with your soul like ether
When he teach you the king you know you're a star son across the board
Yo, Hanau can kill a wet dream, bro
For the main event
Y'all impatiently waitin'
It's like an age test
What's the results?
Not positive
Who's the best?
Poc Nas and Big
Ain't no best
East, west, north, south and fourth out
I embrace y'all with knee palm
Blows up, no guts.
Left chest, face gone.
How can I be garbage?
Send me autos at your college.
Burn it at the side of your dome.
Come out of my throne.
I got this.
Lots since 91.
I am the truest.
Name a space host.
I am influence.
Gave y'all chapters, but now I keep my eyes on the Judas.
With the Y and Sophie fame, kept my name in his music.
Check it out.
Fuck with your soul like ether. Well. Hit you the king you know you. Shots on across the belly. My eyes on the Judas with Hawaiian Sophie fame kept my name in his music Check it out
Fuck with your soul like ether
Kick you the king you know you
Shots on across the belly
You were any lost already
Ayo pass me the weed, put my asses out on these niggas man
Ayo you spaggots, y'all kneel and kiss the motherfucking ring
Fuck with your soul like ether
Kick you the king you know you
Shots on across the belly
I'll prove you lost already
Fucked over, left for dead, distance, forgotten, luck ran out
They hope that I be gone, stiff and rotten Y'all just piss on me, shit on me, spit on my grave
Talk about me, laugh about my back but in my face shots
I'm well-wishing, friendly acting, envy hiding snakes
With your hands out for my money, man how much can I take
When the streets keep calling, heard it when I was asleep
That this gazy and cock-a-fella records wanna
beep, started cockin' up my weapon slowly, loadin' up this ammo to explode it on a camel,
and it's soldiers I can handle, this modolo and its manuscript, shit sounds stupid when
KRS already made an album called Blueprint First, Biggie's your man, then you got the
nerve to say that you better than Big, dick-suckin' lit, won't you let the late great veteran live?
to say that you better than big dick sucking lips
want you lit the late great veteran lids
will not
lost and across the belly
I prove you lost already
the king is back
where my crown at?
ill wear rest in peace
let's do it niggas
fuck with your soul like ether
hit you the king you know you
lost and across the belly
I prove you lost already
y'all niggas deal with emotions like bitches
what's sad is I love you cause you're my brother
You traded your soul for riches
My child I watched you grow up to be famous
And now I smile like a proud dad
Watching his only son that made it
You seem to be only concerned with dissing women
Where you abused as a child
Scared to smile they called you ugly
Well life is harsh hug me, don't reject me
Or make records to disrespect me
Blatant or indirectly
In 88, you was getting chased to your building
Calling my crib and I ain't even give you my numbers
All I did was give you a style for you to run with
Smiling my face, glad to break bread with a god
Wearing jazz chains, no text, no cash, no cost
No jail bars, jigger, no pies, no case
Just Hawaiian shirts, hanging with Lil Chase You a fan, a phony, a fake, no pies, no case Just Hawaiian shirts hanging with Lil Chase
You a fan, a phony, a fake, a pussy, a stan I steal with your ass, you 36 in a karate
class You Tibo Ho, tryna work it out, you tryna
get brolic Ask me if I'm tryna kick knowledge?
Nah, I'm tryna kick the shit you need to learn though
The ether, the shit that make your soul burn slow
Is he Dame Diddy, Dame Daddy, or Dame Dummy?
Oh, I get it, you Biggie and he's Puffy
Rockefeller, daughter, age, that was the end of his chapter
And that's the guy I chose to name your company after?
Put it together, I rock hoes, y'all rock fellas
And now y'all trying to take my spot, fellas
Hold on, hit him back with this one, dawgs
I rock hoes, y'all rock fellas And now y'all trying to take my spot, fellas Hold on, hit em back with this one, Nars. Negro please, you know mustache having with whiskers like a rat compared to beans you
whack and your man stabbed on and made you take the blame you ass went from dastard hanging with
kane to erv to big and m&m murdered you on your own shit you a dick rotting faggot you lured
your attention queens niggas run you niggas axe rush from Simmons, ROC get gunned up and clap quick. JJ Evans get gunned up and clap quick.
Your whole damn record label gunned up and clap quick.
Sean Carter to Jay-Z, damn you on Jazz Dick.
The little shorties getting gunned up and clap quick.
How much of Biggie's rhymes is gonna come out your fat lips?
Wanted to be on every last one of my classics.
You pop shit, nigga just ask kids
First person shoot em old Return to your son to a funeral
Tell them niggas to say they don't office
You better be talking about working in cubicles
Yeah them boys had a lot but I knew the code
Lotta niggas debatin' my numero
Not the three, not the two, I'm the UNO
Yeah
Numero UNO
Me and Drizzy this shit like the Super Bowl
Man this shit done it big as the
Big as the what?
Big as the what?
Big as the what?
Big as the Super Bowl but the difference is
It's just two guys playin playing shit that they did in the studio
Niggas usually say they verses back to me and they be terrible just like a two-year-old
I love a dinner with some fine women when they start debating about who to go to I'm like go ahead
Say it then who to go who to go who to go who to go
Who you bitches really rooting for like a kid that had there from January jay wearing to november nigga, it's just you and co
Biggest of what? Biggest of what? Biggest of what? Biggest of super bowl
Niggas so thirsty to put me in beef, I said them my words and start looking too deep, I look at the tweets and start sucking my teeth
I'm letting it rot cause I love the mystique, I still wanna give me a song where I be Can't trust everything that you saw on IG Just know if I diss you I make sure you know
that I hit you like I'm on your call ID I'm naming the album to fall off, it's pretty
ironic cause it ain't no fall off for me Still in this bitch getting bigger, they waiting
on the kid to come drop like a father to be Love when they argue the hardest MC, is it
K-dai, is it Aubrey or me?
We the big three like we started a league But right now I feel like Muhammad Ali
Yeah, Muhammad Ali The one that they call when they shit ain't
connected No more feel like I got a job in IT
Rhyming with me is the biggest mistake The Spider-Man meme is me looking at Drake
It's like we recruited your homies to be demon deacons
We got them attending your wake Hey how the gang got away from the boss man
and shit like a prison escape
Everybody's step is we're fucking everybody breakfast and I'm about to clear my plate
When I saw this motion picture blockbuster to go with the don't depend the top toucher despite Russia
Straightest old shit up the crop duster not Russia, but a plot pressure to your cranium
Coals automatic when aiming on with the boy in the status of stadium
nigga
Hey, I'm about to
I'm about to yeah, yeah
Yeah I'm not She call my number, leave her hanging, she got drug clean She got an Android, her messages is long green
I search one name and end up seeing 20 teens
Nadine, Christine, Justine, Kathleen, Charlene, Pauline, Claudine
Man I pack them in these phones like some sardines
And they send me naked pictures, it's a small thing
You niggas still taking pictures on a golf stream
My young is richer than you rappers
and they all stream I really hate that you been sellin' them some
false dreams Man if your pub was up for sale I'd buy the
whole thing Would they ever give me flowers?
Well of course not They don't wanna hear they talk cause it's
a sauce spot They know the boy the one that got a boycott
I told Jimmy Jam I use a Grammy as a doorstop Girl give me some hair because I need it
And if I fuck with you then after I might eat it
Niggas talkin bout when it's gon' be repeated What the fuck bro I don't wanna wait for Michael Nigga beat it, nigga beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it, what, beat it what, beat it what, beat it what, beat it what, don't even pay me back on none of those favors I don't need it
Yeah
What Yeah, more.
Yeah.
More time with family and friends, more life, more time to get it right It's only me but I'm seeing four shadows in the light
My demons visit me every night To the most high I'm forever indebted
I know I gotta pay something I know that day's coming
I put it all in the music because if I don't say a hit then I won't say nothing
Can feel my head getting tired from holding the grudges
Two birds, one stone, my aim is amazing I need to start losing my shit on you niggas that's hating
Two is early like I caught a hit for me and my lady
Free C5 how the fuck we got the balls waiting
Ever since the blue basin I found God and I lost patience
Between rocks and hard places of all places Spotted everywhere like y'all mation
Cops snoop around now cause all of my dogs famous
Please welcome the October fall baby Von rote academy star player my mind's not
all there used to carry a lot of dead weight like a paw bear people too scared
to tell the truth so it's all theirs counted it's all there and we all square
quick money I'm in and out my dad used to use a soap bar till it's thinning out
but shit look at Dennis now all Stacey Adams and Lennon Dow
More blessings for Sandy and him, more life
My parents never got it right but
God bless them both, I think we all alike
We all got away late at night
Thinking on what to change
If we do get to do it twice in another life
Scared to go to sleep now
Was being awake cause what all my dreams were like
Back when the bar that I had set for myself was out of sight
Tell me how I went and did chin-ups on this shit when I can't see it
Pinups are making good and pan breads so sisters, inspired my old scriptures
Now that feeling's gone like them old pictures, mixing liquor got us both twisted
Oh man, oh man, oh man, not again
Yeah, I learned a game from William West and you could never check me
Back to back for the niggas that didn't get the message
Back to back like I'm on a cover of Lethal Weapon
Back to back like I'm Jordan 96, 97, whoa
Very important and very pretentious When I look, I might be mad that I get his attention.
Yeah, but it's weighing heavy on my conscience.
Yeah, and fuck you left the point on options.
I wanna see my niggas go insane.
You gon' make me step out of my fucking frame.
You gon' make me buy bottles for Charlamagne.
You gon' make me go out of my fucking way.
I waited four days, nigga, where y'all at? I drove here in a Wraith playing ARM. I This for y'all to think that I don't write enough They just mad cuz I got no mind to touch
You love her then you gotta get a world tour Is that a world tour or your girl's tour?
I know that you gotta be a thug for her This ain't what she meant when she told you to
open up more Yeah, trigger fingers turn to twitter fingers
Yeah, you getting bodied by a singing nigga I'm not the type of nigga that'll type the niggas
And shout to all my boss bitches, wifey niggas
Make sure you hit them with the preen up
Then you tell them, man, they ease up
I get another one, I get another one
You still ain't did shit about the other one
Got the drink in me, going back to back
Yeah, going back to back
I got the drink in me, going back to back, yeah Going back to back I got the drink, get me going back to back, yeah
I'm going back to back
I don't wanna hear about this ever again
Not even when she tell them that they better as friends
Not even when you saying Drizzy tell them again
I been putting on the show, it was a sell out event
Oh, you need better seated
I didn't wanna do it, gave me every reason The point I'm tryna make is I don't ever
need it Seen what you do for fame or what you do for
freedom, please Checkin' for a wild, hard earpiece, please
Please do not let these niggas near me, please Think before you come for the great one, please
Who's a real nigga and who ain't one please somebody stop me I'm talking
ballsy and guanan wasi I got the fence in five days and it's my shit soon as a nigga hit the stage
they gon they gon ask if I can play this shit back to back yeah they want it back to back they
gon ask if I can play this shit back to back I took a break from views that's bad today
Bobo billions Bobo billions Bobo billions
Since there's a delay Bobo Bobo Bobo Bobo Bobo Bobo billions Bo Bo Bo Bo Bo Bo Bo Bo Billions! Mission, mission, mission.
