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FOMO HOUR: MARKETS, IRAN, CLARITY ACT, ALIENS AND MORE
Recorded: Feb. 20, 2026 Duration: 0:55:00Space Recording
Short Summary
In a dynamic discussion, key topics included the Supreme Court's ruling impacting market sentiment, the Clarity Act's potential passage, and significant fundraising efforts in the crypto space, including a $62 million raise by the DBA fund and a $650 million raise by Dragonfly. Additionally, the conversation highlighted the evolving landscape of prediction markets and the bullish sentiment surrounding Bitcoin's future.
Full Transcription
Thank you. Unmute.
Perfect.
And it's working.
All right.
All right.
All right.
We're excited.
We are back, baby. All right. all right, all right. We're excited. We are back, baby. All right,
let's kick it.んん
ん I'm sorry. I'm sorry. I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry. I'm sorry. Good morning, good morning, G-M-G-F.
Hey, Friday.
Oh, baby.
Friday is actually starting off pretty strong.
February 20th. Happy birthday to my little brother. 20 strong. February 20th.
Happy birthday to my little brother.
2026.
Look at that.
Another beautiful day to have a beautiful day.
I am back.
Oh, my God.
I miss you, Tyler.
I miss Mando and he's coming soon.
Two weeks off the show now.
Jeez.
And boy, oh, boy, did I pick quite a day to come back.
It feels good to be back, Tyler.
How are you doing?
I'm good.
Much better now that you're back in the studio with us.
Very excited to have you back.
The reality is, I don't know if you missed a whole lot.
Maybe a little bit.
But we'll catch you.
I mean, last week, everybody was in Hong Kong.
So when I was in Hong Kong, everything was there.
And then the last few days, I don't think it's been too much.
But we do have some breaking news here.
It looks like the Supreme Court just ruled against the terrorists.
Literally just now.
I just sent it to you in the chat.
So I know we're meant to talk about the Clarity Act
aliens
a lot of stuff
but it looks like
something just piled on
I just saw that
Supreme Court
rolls 6-3
against Trump
on tariffs
I'm trying to
see market reaction live
it looks like
crypto legged up briefly, it looks like.
And don't worry.
But now we're selling off.
Yeah.
Oh, wow.
Big candles at 68, but now totally reversing.
Yeah.
Don't you worry.
Don't you worry about that.
Anyways, it's on the show.
I mean, like we said, there's actually quite a bit to cover on the show today.
We'll go through the markets etc
I'm excited to have markets with you guys
it's been a minute since I've
actually looked at coins, I've not looked at coins
at all, that's one of the perks of not being
on, is I haven't looked at coins
and I came back two weeks later, Tyler, and we're at the same prices
like high 60s
high 80s
and like 2000-ish
for ETH, 1900s nothing's changed, so ifs, and like 2000-ish for ETH, 1900.
So it's like nothing's changed.
So if anything, that's very telling.
Looks like I may have missed a runner,
but besides that, we'll go through markets.
I see my new just join us.
Then we'll go through today's news.
There's quite a bit on the news side I believe to talk about.
And then today, we're actually going to have to take a whole 15-ish minutes.
It is a yeet gambling giveaway galore.
We have nine winners.
Not one, not two,
not three, not four, not five, not six, not seven, not eight.
Nine people are going
to win. Well, there's already been eight winners selected,
but I wasn't here to do the giveaway stuff, so
we're going to pick one more. There's
going to be nine yeet
giveaways today on the show.
We're going to play some Omaha. We're going to play some maybe some Lamb Chop. We'll see, depending on time. We're going to be nine yeet giveaways today on the show we're gonna put some omaha we're gonna play some
maybe some lamb chop we'll see depending on time we're gonna place everything we're gonna try every
single gate game there is so make sure you sign up beat.com uh using the code fomo hour uh to have
a new game coming next week coming next week man good morning i I missed you, man. How you doing? Oh, just so busy at the moment.
So busy.
I'm sure.
I'm sure.
I'm sure.
Running the casino.
Doing a little bit of fundraising.
Doing a bit of everything.
Fundraising, huh?
Yeah.
You know, I go to these conferences.
Honksman phone calls.
I go to these conferences and I hear the word here and there. I'm in all these dinners, talking to all these funds, talking to all these market makers, I'm talking to all these big people.
And Yeet is coming up here and there, you know, a few conversations, you know. Actually, Wiz was chilling Yeet at Mar-a-Lago.
Yeah. Yeah, he was, literally.
we've been hearing about it.
But anyways, so...
Shout out, Wiz, man.
Shout out, Wiz.
Should we get DJT on the cat
table? Is that what's happening?
That would be nice.
That would be nice. That would be nice.
Yeah, that would be pretty.
He wasn't there.
Trump's a big casino guy, right?
He's owned casinos all his career.
Do Trump hotels have casinos?
Dude, that's how he came up.
He was like half of Atlantic City.
That's why he got involved with all the boxers.
That's why he knows Mike Tyson and all that.
He owned like three or four casinos in Atlantic City.
Oh, I didn't watch the movie.
It was like the whole, it was the Apprentice movie or something.
Did you see that? No, no. I mean, he's just
known that. Because he got involved in real estate
and then he got involved in casinos.
I didn't know that. That Mar-a-Lago property, though, let me tell you guys.
It is sick.
Like,
sick. When I was there last year for the
interview, it was under construction.
It was in September.
It was like off-season, like end of step.
But now it was like peak, like, you know,
Florida winter season, you know,
like the right time to be there.
And it was a lot of fun.
But we could also talk about that.
We can also give you guys a little TLDR
of my couple of days out there.
It was a lot of fun.
But first, but first, but first, was first.
Mando, it's been a while since I've heard about the markets, etc.
And we just got the tariffs news.
So let's see how that reacts.
Let's go to you.
You is the man, black old daddy of the land.
Can you dig it?
Well, I don't think you've missed much, actually, Farouk.
I actually missed yesterday's show in the end,
but I don't feel like I missed much yesterday either.
We've been in very tight range here for most of the majors.
Bitcoins just hanging out in this 66 to 70k range.
Most majors are kind of in about where they've been the last couple of months he's
just shy of 2k and solana just above 80 um it's been there's just what i would also say there's
hasn't been that many winners you know the winners also have just kind of like slowed down. So Hype is back below 30 again.
Privacy coins kind of hanging
out again. I mean, I'd
barely even look at this Monero bag, but it's still at 3.30.
This is where I came on the show last time,
3.34.
And then
gold.
Gold looked like it was going to be the strongest out of all
assets, but is kind of
summing off just on the back of this headline just now.
I don't really know.
It feels like the main thing that people are worried about right now is Iran,
and the idea that that isn't going to be resolved.
It looks increasingly like this isn't going to be resolved, in my opinion.
So I think it looks like there's most probably going to be resolved in my opinion. So I think it looks like
there's most probably going to be some form of a
strike coming. I think
it gave them 10 to 15 days, I think it was,
to come to a deal.
It does not look like we're
getting anywhere close to a deal, that's for sure.
Yeah, I just don't think that
Iran's maybe interested.
That's my honest view.
We're in a situation where we can see strikes pretty quickly.
And then what else have we got?
And then the tariffs just came out.
But I don't think that was new.
People were waiting for that exact headline to come.
Do you know what I mean?
It was just like everyone knew it was very much expected.
The tariffs would be struck down.
But it was just like, when are they going to do it?
And what I would say is that I think there is some get around
that Trump has necessarily to keep the tariffs going.
So I don't think this is like the end of the legal fight.
It's just the next stage of it, potentially around these tariffs.
So that's still going obviously the government
there's a bit government shutdown going on at the moment as well but other than that it's been tech
and one thing i would say is open ai a company i've been very very bearish on looks like it is
going to raise 100 billion and so the story around that continues, really.
And I think that looked really bad second half of this year, last year.
I still think that story doesn't end well, but they've got $100 billion.
So they've probably got about $300 billion. They've got all Chad now, too.
Yeah, but I think you need to look into that deal somewhat.
I think, honestly honestly that deal got them
100 billion what made them relevant again uh yeah because like it was like a media deal it was like
a good grace it's a media deal that's exactly what it is it's a media deal you know they spend a
billion to get 100 billion great well allegedly it's 30 million so we don't know the number
like remember yeah they haven't bought OpenClaw.
OpenClaw is staying open source.
They are just helping, I think, fund for some of the tokens, as we said.
And he is just coming to go and work for OpenAI, essentially is what it is.
So I don't think, I think that was just a really good bit of business for all parties
and probably secured the bag.
And then now they got $100 billion.
They burn about $20 billion a year, so maybe more, I think.
Maybe that's a quarter.
Yeah, who knows?
But OpenAI is looking like it's going to fight another day.
I'm a little more of an open ai bull than yeah you are you're you're there well i mean i think there's it got a little
the pendulum swung a little too far that like anthropic and claude were significantly better
i don't know they ever really were significantly better um i've used both and And to me, it's always felt like codex was slightly was,
was better at a lot of the technical aspects anyway.
And I'm talking about this is above my pay grade,
but just,
just my experience with it.
Now they're saying the next version,
the next model released out of opening is supposed to be very,
very good.
I also saw that they're getting into like smart speakers.
They're starting to roll out more consumer products.
I think they clearly understand they have to generate revenue.
So anyways, my whole point is I'm not – I haven't been as worried.
I'm still worried.
I'm still worried.
I think Google just brought a new model.
Looks like it's better than all the other models already,
but this is kind of how it goes.
I think the whole Google Maps thing, yeah.
It's this, you know, Claude, then OpenAI, then Google,
then Claude, then OpenAI, then Google.
I know you're seeing it more from a bearish lens for OpenAI,
but isn't that competition just pushing out?
It's great for us.
Oh, it's great for us, but it means the spend is insane,
so you need to have a business behind it.
Google has a massive business behind it.
Sure.
Google has a massive business behind it.
Anthropic is slightly different,
but them and OpenAI are a bit more like AI first,
but there is an enterprise bit to Claude,
which seems to be doing quite well.
And that's where the real money can be made.
But Google's the only real one, which is like, they could spend a lot of money and still
be fine.
Meta as well could spend a lot of money and still be fine.
People have been just saying that Apple, strangely, has kind of played the blinder here.
Yeah.
Because it didn't spend anything.
And it's just sitting on a ton of cash.
And remember, Google already has a deal with Apple for search.
So when you automatically search anything on an Apple phone,
it goes straight to Google search, right?
And I think they pay them like tens of billions of dollars a year.
I don't know how much the deal is worth.
Well, Apple is sitting on so much cash.
And everybody else is like 10x over the last couple of years.
And Apple is just laughing here, right?
Why build your own in a way
when you can just partner
with the other largest companies in the world
and we've seen the stock.
How's the Apple stock?
I don't think it's...
It's done pretty well.
It's doing well right now
because people are doing this sort of math.
But I think about what
everyone got bullish about with OpenClaw.
OpenClaw is actually
not a model, right?
OpenClaw is a,
almost sits above
your Claude
and your
ChatGPT
or potentially Gemini models, right?
And Apple could just get into that
and just be the layer above
with devices and with
whoever and everyone wants to have access to apple phones so they are kind of in a good position to
just not have to play that game so it's been interesting to see uh them because everyone was
very bearish in the fact they weren't spending money, but because they have such dominance in devices,
it means that they can basically just play the layer above
and capture quite a lot of value, it seems.
It looks like it's going to work out.
Another headline from this week we haven't had a chance to talk about
is they announced their wearables, or they teased their wearables.
So they're going to do their version of the meta glasses,
the smart glasses, with voice activated in connection to some of the models.
So that's another way they can potentially win on this.
And of course, the Apple minis have been flying off the shelves, right?
So they're in a good spot selling devices and picks and shovels during all this.
Yeah.
Well,
that'll work out.
I mean,
the last time Apple did glasses didn't work out to OM-D.
What was the last one they did?
But like those little glasses
and stuff,
that works out so well.
People love that stuff.
Eventually,
we're going to get the good glasses.
Yeah, exactly.
I feel like we have time to be.
I don't know what I'm wearing now
without,
you know,
with just having all my,
that would be perfect.
The day we get to that i think
will be a great day you know something i saw like while we're going down this rabbit hole
yeah uh the airpods have like a patent for reading your brain waves they don't have the
tech developed yet but in theory if they're able to develop this, they would be able to read your mind via your AirPods
and then act on that.
So if we get there, I think you want a long apple even harder.
Wow.
Okay.
Part of the reason why I'm saying this is there is no headline right now
that seems outlandish enough that it can't be real.
And this comes on the back of our alien
disclosure last night.
Trump's going to release the alien files.
The X-Files.
Yeah, release the alien files, that's for sure.
Okay, well, yeah, like I was saying,
I was also saying that at the beginning of the show, man, I was like, well,
I left two weeks ago. I came
back today and we're at the same exact price when I left
with no major kettlebells,
no way up or down.
Besides the Clarity Act conversations that's going on,
that seems like Polymarket had that about 90%
of 80 to 90% of passing after the forum.
Everybody at the forum seems to think this thing's going to pass
and was really bullish on it and really wants to push it.
Everyone's talking about that.
It was like Clarity Act and Prediction Markets,
like the two things I've heard talked about the most
by banks and large players in the industry.
So I think that's going to pass.
And then the last thing, and then we'll go to the topics
because we do have quite a bit of things to talk about.
On the strike side, man, though, it's weird because you see
the biggest deployment in the history of America pretty much.
The odds of a strike this weekend are extremely low.
So I'm just curious here to see what happens.
It's all outside the 10-day window, right?
So yesterday he's like, we're going to see 10 days.
Give them 10 days to make a deal.
So that 10-day day window when did it start
because I missed that headline
yesterday or Wednesday
or Thursday
yeah so basically
end of February
yeah
I think the way
they're going to approach this
like they're throwing a deal
at the wall
that's probably really shitty
and it's like
my way or the highway
and then they're just
going to go for it
we shall see
where that takes us.
We do know that if it happens,
it's probably on the Friday night
after the markets close.
So definitely set your stink bits
over here on that front.
All right.
Well, that's it on the markets.
It's a little bit boring.
Not much should happen.
But you know what?
There is a lot happening in the trenches right now
and in the news with Tyler Zulia.
For the NFT and crypto analysis. know what there is a lot happening in the trenches right now and in the news of tyler folks crypto majors are on an absolute roller coaster here this morning over the last hour
since this breaking news about the trump tariffs being ruled illegal by the Supreme Court. We've got Bitcoin live up 2% on the day at $67,300.
It did wick to $68 briefly, sold back off into the 66s,
but now rocketing back above $67,250, flying, puking.
We've got ETH up 2% in 1954.
It's like 10-10 all over again in here, man.
Oh, my gosh.
Solana up 4%, $83, man. Oh, my gosh. Solana, 4%, 83.50.
A few macro headlines.
We had U.S. Q4 GDP come in well under expectations.
2.9% came in at 1.4%, so over 50% below.
The White House has blamed the government.
Shutdown for a big part of that.
Consumer spending was also down.
And at the same time, inflation was slightly high.
So a tick over expectations.
So GDP was down.
Inflation was up.
Not the best combo there.
In headlines, we had the CME Group announced 24-7 crypto derivatives trading starting May 29th, pending their regulatory reviews.
That was a big one. The White House is seemingly pushing the banks forward on this stablecoin yield
for the banks to give in a bit here to help get this Clarity Act across the goal line.
So we will see what continued pressure comes out of Washington on that.
Eric Trump reaffirmed his $1 million Bitcoin prediction,
saying long-term demand and a weaker dollar as key drivers.
And then Blockbills, after their incident over the past few weeks, is now seeking a buyer after reporting their $75 million in losses.
And ETFs and corporate treasury Sharplink reported they now have a record level of institutional ownership.
Maybe not a huge surprise there.
In token airdrop and protocol news, the DBA fund announced a $62 million raise for its
second crypto fund.
This comes just a few days after Dragonfly raised their $650 million.
So crypto funds are still able to raise pretty substantially here in Q1.
USDAI announced season two of points.
They're pushing an airdrop as well.
Trade XYZ eventually launched Korean equities.
And then in a big headline for prediction markets,
a federal judge in Tennessee has
blocked states from
enforcing state-level betting laws
against Koushi and prediction markets
saying sports contracts qualify as swaps.
So that was a big one.
And then rounding this out in
memes, Punch,
the story
of the day, the lovable monkey who's been bullied
and has his support stuffed animal up 170%,
32 million, maybe even higher now,
leading all meme movers.
It kind of ignited the trenches
in what had been a very slow week.
I looked at the board this morning.
This Lobstar token was up 60X,
HODL's up 12X,
this Aliens token was up 35X.
So there was a lot of green on the
meme board this morning although meme majors are basically still flat and that is our end up
yeah what's this lobster thing we have a comment right now on youtube that says can we talk about
how an open ai dev launched a solana ai coin i uh this this all happened after i went to bet
so i'm actually
this one's from YouTube
so someone's picking up on the show there
at the same time as you're saying that
what?
it is said that Lobstar was created by OpenAI's Nick Pash
are we running the AI meta back?
is that what's going on, boys?
actually
the headlines that you've missed
over the last couple weeks,
I think I wrote about Coinbase things several times, then it was AI.
So OpenAI launched their dev bench, so they're leaning into smart contracts now.
We had more progress on just agentic wallets.
We had Web 4.0 launch with Conway.
So there has been a lot of action there.
So next to your lovable monkey memes memes the AI memes have been arguably the hottest
it's nice having you guys
as newsletters when I'm away
I have to say because when I'm here
I don't have to go through it every day
I host a show with you guys five days a week
and we kind of go over both of y'all's newsletters
but I have to say when I'm away
get a little notification from Ty
check it out real quick
and I'm up to date.
It definitely feels good.
Anyways, where should we start?
We could go towards institutional, maybe a little more.
Clarity Act, and you were just talking about it.
I was talking about it.
I can give maybe a recap of what I heard over the week as well.
But we're looking like this may pass, Ty.
I don't know.
What are you reporting here?
Not a whole lot of major news.
I was going through the Decrypt article.
So Decrypt published White House kind of leaning on the banks to give in a bit on the Stable Corner Awards.
They had their third meeting here this week.
It looks like there's soft progress, but no significant progress that still remains the primary issue.
So I think it's a little bit of a nothing burger headline other than just the fact that
it's on top of mind for a lot of leaders out in Washington.
And of course, the clock is ticking.
But I would love to hear more about your firsthand experience at the forum and kind of what the
discussion looked like, who some of the players there were. Yeah. to hear more about your firsthand experience at the forum and kind of what the discussion
looked like, who some of the players there were.
Yeah.
I mean, what was interesting at this forum is like the panel was actually really interesting.
Like you had like what, the president of Goldman Sachs, Franklin Templeton, NASDAQ, CME
Group.
So a lot of those folks, you know, a lot of the suits, a lot of the banks.
And then you had CZ and Brian Armstrong that were there.
Although CZ didn't share the stage.
It was just Brian that did a panel with Zach Wyckoff.
And also Kevin Leary.
But a bunch of people like the Clarity Act was mentioned.
Also, a couple of senators were there on the panel as well.
I believe Ohio and Florida, if I'm mistaken.
And the Clarity Act was like really the main topic of conversation.
Weirdly enough, and I don't know if that's a good thing or a bad thing,
I don't know if that's how it should be,
but it feels like everybody's stuck on that.
Like from the institutional players to participants,
even I guess the people in our space now, maybe the traders.
I feel like, I hope this is a catalyst that's going to open up the floodgates,
but I feel like everyone's just waiting for that to pass.
Everyone's talking about it.
Everyone's mentioning it.
Everyone's saying, oh, we should work towards this.
We need to pass it fast, da-da-da.
It's like, it's kind of the main topic of conversation.
And then, of course, Brian, as you know, who was, it's kind of one of the main, you know,
characters here when it comes to this act, you know, when he puts his tweet out calling
out the banks that started kind of the whole thing, You know, the debate on social media and behind the scenes
seems pretty bullish that it's going to pass.
Like, it was after his comments at the forum
that the polling market line moved 90% immediately after.
And he seems to think that it's going to go through.
Like, he talks about it openly, right?
So, I don't know. We'll see. But my takeaway from there is that this thing's going to go through um like he talks about it openly right so i don't know we'll see but my
takeaway from there is that this thing's going to pass um and i really think it will and i'm not
nobody told me frock it's going to pass i'm just saying my takeaway after listening to
and i sat down and i listened to a lot of panels and i don't listen to panels usually because
usually it's freaking boring but these were very interesting um you know there's people
with whom i don't usually share a stage,
no room.
And a lot of them are bullish.
So I don't know.
What do you guys think?
Do you guys think this thing passes?
And then like, I don't think crypto just rips.
Like I think there's just no liquidity in the market right now.
What do you guys think happens?
Like South News event, Biden News event?
Definitely a positive thing.
Definitely a positive thing.
I think it does pass now because Coinbase are for it.
And there's a massive amount of pressure to get it done.
And I think that it's a medium-term big thing,
probably a short-term...
It's not going to be some massive headline where everything 10X is.
There's a lot of these headlines where everyone
goes, oh, this is the thing that's going to mean
all this money flows into the space.
I think that this is another
incremental step of money flowing into the
space, so I do think it's a good thing.
But I don't think it's going to be some day
one thing.
This is my read as well. I struggle... While I want going to be some day one thing. That's my read as well.
I struggle while I want it to be like this miracle catalyst that's that
sends us up 10% in the candle.
I don't see like who are the players who are just going to shove in like
the second this this passes and like what would be preventing them,
I guess, from starting to get in ahead of time. So I do think it's,
it's broadly a good thing. Um, but more over a long, long period. Um,
as for whether or not it's going to pass, I don't know. I mean,
I feel like taking folks like Brian Armstrong's word,
I mean, they're the guys in the room, right?
So they would have a better pulse on it than me i guess these these
meetings aren't making much progress i think that is the reality so like they're like deadlines are
being put forth and they're like actively trying to get these groups these working groups together
to try to reach through it um but it doesn't feel like they've really made a ton of progress which is like
and it's over the yield story right yeah that's the big sticking point because
the bank see that as their biggest competition well I think as much as I
mean there are some people that pointed the fingers towards Brian Armstrong and
some people are not happy about him like you know coming out that way that's
what I'm hearing but also a lot of people are like, no, but we need someone to do that because it's stupid
to have an act that's not going to be positive for the crypto space.
So it's an interesting dynamic going on here between TradFi and the core crypto community
founders. But I'm remain positive this is going to pass.
I hope it does.
Definitely the headline of it not passing
wouldn't be very good for us
given where we already are right now.
Bigger impact for Bitcoin, ETF approval
or collateral passing?
I don't know.
It's a good question.
I think it has to be ETS.
ETS was pretty significant.
Maybe crypto in America, you can argue,
Clarity Act.
Yeah.
Yeah.
I mean, you definitely want it to pass
before the midterms, right?
That's for sure.
So, I don't know.
Everyone, like, on the administration side,
like, people really want to work.
Like, there was a lot of politicians there this week.
The chair of the CFTC was there.
I got to meet him, actually.
What a cool guy, by the way.
The one who's, like, really pushing towards,
for prediction markets, like, really fighting for them.
We got to chit chat a little bit.
Actually, we're going to be doing an interview soon as well.
But he went out there and was like actually fighting for prediction markets, etc.
And there's been, you know, a lot of that administration is just like really pro and
really wants to work hand in hand with the crypto founders.
So it seems like everybody has an understanding and wants to make something happen that we
just got to like
get it through
and push it forward.
That's where we're at.
And the Goldman Sachs president
finally admitting
that he owns a little Bitcoin
was nice.
Finally!
So who was there?
Tell us who was there.
Who was on the fucking list?
Let me tell you, brother.
You know,
I know a lot of people
like when you look at CT, you know, there's a lot of people, like when you look at CT,
you know, there's a lot of hate
and funny tweets
and memes and stuff.
But, you know,
there was 400 people there, man, though.
4 to 450, I think that's what
the boys told me in the end.
Out of thousands of people
asking to get invited.
And it was by far
the craziest room I've ever been in.
From obviously like the CZs
and Brian Armstrongs
just like roaming around
and hanging out with people.
It wasn't like a situation
when you go to a conference
with like security
and you can't talk to people.
They were just in between us.
Because you could have said
Mar-a-Lago,
so it's already like heavily secured.
And then the president of Goldman Sachs
and the CME group
and NASDAQ.
And like,
then you had a lot of big reporters.
So there was a few press in the room,
like on top of the Crips.
And there was like CNBC, Fox, etc.
And then man, like... Wizard of Sohos and there was like cnbc fox etc and then man like
wizard of soho wizard of soho yes one but like all the big like all the big like companies within
crypto had at least one representative there which was really awesome and like and then all
the big fonts like falcon x and jump and oros and all those guys. So it was really like all sorts of founders from like media, prediction markets,
TradFi, so meaning like banks, press, etc.
And then like, and then our industry.
So I, personally speaking, like,
I thought it was incredible.
And the cool thing is like,
everybody was there for one reason.
It was like to connect with people.
So like everybody would just go up to
and you will go up to anyone
and just like chat with them.
And they were like eager to do it.
Like, I'm gonna tell you something something for the myriad side of the business
it was the best place i've ever been to it was worth the 48-hour trip back and forth um like
where else would i be able to just run into the chair of the cftc pull up on him and have like a
10-15 minute conversation one-on-one like in what other place would i be able to do this
nowhere i would have to pull so many strings to try and get on the call whereas there he gets on in a conversation one-on-one. Like in what other place would I be able to do this? Nowhere.
I would have to pull so many strings
to try and get on the call.
Whereas there, he gets on the panel,
then he goes down
and he just starts talking
within the people.
So that was cool.
I thought it was funny.
Gianni Infantino,
the president of FIFA,
was there like 8 a.m. to 5 p.m.
like all day just hanging out with people.
And then at the end
we had Nicki Minaj,
which was hilarious.
But point being,
like it was a lot of big founders in the space
and I thought it was cool
a lot of funds
actually
Trad and Crypto
were there
so it was just
a cool room dude
you know
it was just great
I thought
I thought it was great
I hope they do that again
I think they're going to do it
at a yearly occurrence
it was definitely worth it
it was worth it
on every level
no matter what people
I feel like a lot of people on the timeline will say anything
but it's mostly because they're not in there
and I feel like if you were in there you would be like wow
it's a good room to be in
for example you're talking about fundraising right now
I think everybody was there
for something like that
it was good, I was very happy
and then again they organized it
they actually made people focus on the panel so you it's like you would mingle within panels and then go in there and listen. And the thing is, the panel is high quality, right? It's not every day that you get the president of Goldman Sachs to come down and talk about crypto specifically and get asked all these questions about stuff like that. So it was good.
Had a great time.
Big shout out to the team.
I think one of the founders may come on the show next week and give kind of his side of his view and their take on that.
But had a great time.
Definitely worth it.
Awesome.
Yeah.
Very happy.
Very, very happy.
Anyways, Tyler, what else?
We're getting a little bit more info on the Supreme Court ruling.
So it looks like they're not addressing eligibility for refunds.
So I think that's the other huge component of this,
right?
So one,
one,
a ruling is basically stopping tariffs going forward.
The big overhang is,
is it going to force hundreds of billions of dollars in refunds?
And it's seemingly no Trump's come out and called them a disgrace.
He has also said he's got a backup plan.
I don't know how markets react to this one way or another.
There's still so much uncertainty about this,
but I feel like there's like kind of a,
is the golden scenario for markets that tariffs are taken down,
but there's no refund.
That's my initial reaction.
But I feel like it's going to be messy.
I don't think Trump's going down without a fight.
I mean, this was a pretty huge component of his economic plan for the second administration.
So I don't think we're out of it yet.
But I thought that was
interesting
and other than that
you kind of went there with the CFTC
but arguably one of the bigger headlines
in the day was this judge, this federal judge
in Tennessee who is now
has ruled that states
cannot enforce
their state level
gambling rules against Koushi
because they're federally regulated.
And this comes after several states have kind of been ruling against them
and trying to prevent them from operating.
They went out and said that it's not a sports book
and that these swaps are different than gambling.
I'm telling you something.
Prediction markets is something that they're heavily backing
and that they're going to get behind.
They're not treating it as gambling at all.
They're not treating it as just betting.
They're treating it as a new asset class within today's economy,
the financial system.
And it's something that they're getting behind very heavily.
Whether it's the president of NASDAQ or the chair of the CFTC
where there was two regulators, two senators that were there on stage as well.
Everyone's talking about prediction markets.
It was the same in Hong Kong, by the way.
But that was more like, obviously there's more niche,
there's more crypto and prediction markets are a whole big thing right now.
But everybody in the room is from prediction markets.
And then when I go one-on-one and have conversations with people,
they're like really excited about the fact that I'm building prediction markets.
And even the funds are still looking to deploy capital
within prediction markets and next generation ones
because most of them missed Polymarket and or Calci early on.
So it's like, it's still very, it's like very hot.
And the second there's more recognition around them,
which is really good.
If you think the volumes you've seen so far
in Polymarket and CalShare a lot,
that's just nothing, dude.
Like, those ones got 100x.
I mean, ETFs are being formed around individual markets.
It's wild.
So yeah, expect it to continue.
And that, yeah, you know And the CFTC chair seemingly is...
Very bullish.
Yeah, he wants it.
Very, very bullish.
And he's very well-spoken too.
I don't know if you guys saw the video he made.
I think Tom reposted and tagged us on it, etc.
But they're really getting fully behind it.
And they want to support the shit out of them.
So it's exciting.
I think the next big conference where they're going to discuss all this is DAS, right? Next week, next month in the Digital Ass of them. So it's exciting. I think the next big conference where they're going to discuss
all this is DAS, right?
Next week, next month
in Digital Asset Summit,
the Blackworks one.
Next month in New York City.
So it should be quite interesting.
But you can tell
this is a priority over there.
So very exciting
to see this asset class
legitimize for time.
All right.
Should we talk about the most important animal meme coin since mood ending?
Dude, yesterday, I'm literally at the Miami Airport Lounge.
I'm seeing this video and it breaks my heart.
I couldn't even watch the video.
It was a horrible video to watch, by the way.
It's so sad.
And I text the boys.
I'm like, guys, is there a meme coin for this and it was already like 25 mil like what yeah that's the that's the hard
reality of this one uh so so punch the punch went viral as a monkey with a support animal because
it had been bullied by other monkeys in its tribe or group, whatever our group of monkeys is called. I personally,
so it ran last weekend.
It like soared to 15 million.
And then you can kind of see it basically sold off across four days.
I personally thought it was over.
Are you in?
So I've been punchlined the entire time on this one.
Sad.
These are too funny.
And then the next video was so so like and then there's i forget
what country they're in but like the prime minister donated a bunch of new like plushy support monkeys
for this so like it was getting a lot of coverage but seemingly slowing down until yesterday when
he got bullied again people did not like it uh you've got a lot of folks, you know, threatening to go take out the bully.
Andrew Tate is saying he's going to go
and buy the monkey or some shit.
Did you guys see the update, though?
Today it seems like he got nurtured.
He got some care.
Oh, so that's bad.
So is that a bad thing?
You want him being bullied, I think,
as a punch holder.
So we have to be analyzing every one of these videos
for what this means for the market.
Oh, my God.
Apparently, someone's up.
Still one punch receiving some care.
Yeah.
Someone's up $2.5 million,
so they're taking some profits here today.
But the token's holding up.
It's still $33 million.
Dude.
Look at this.
I mean, could GG's to whoever found out about this token
February 5th?
I mean, what?
So it's a 15-day-old token?
So what?
I don't get it.
That's what I don't get either.
And like, yeah, how do you hold through that?
But shout out to anyone who held it.
A lot of comparisons to Mudang.
I saw a tweet this morning that was pretty unhinged.
I'm just going to read it because it's Friday.
Don't you dare compare Punch
to Mudang. Punch came from the mud. He was
abandoned. All the other monkeys hate him. Mudang
was a fat pampered slob. Don't
ever compare my goat to that fat little bitch.
I just saw that. Is this your alt?
Is this your alt, Tom?
We found Tyler's alt, guys.
Oh, he follows me.
He's got the gambling name, too.
That is for sure his alt.
That was the best tweet I've read today
on the internet. I've read a lot.
Oh, my God.
Let's see.
All right, is this Tyler's alt?
But you know what, though?
I have to say, despite this practice action
on majors, there's been a lot of these
runners. A lot. Now there's more than lot of these runners. Like, a lot.
Like, now there's, like, more than a dozen tokens
that have gone above 25 mil.
So, and you could have caught them the day after
and still caught a 2-3x,
which is not insane on meme coins,
but a 2-3x in this economy is not that bad.
But there's quite a lot, man.
Volumes are big everywhere.
I mean, I know you guys are absolutely
crushing on volumes we're having the best month we've had in like four months um as well or two
three months i think our best month is october even in terms of user like actual like net users
are going up um so there's just january was actually quiet but, but then I'd heard anecdotally that January is the quietest month for this sort of stuff.
And then February is looking like it's going to be double January.
And January wasn't like... January was the same as December.
Or like down by 5% on December.
So it's just like February's just been huge.
We're in the same boat as you.
January was very quiet.
And so far, February is actually 3.5x January.
Wow.
Yeah.
People can come back.
24 to $80 million.
Yeah.
We're here to...
Not gamble.
We're here to predict.
Well, I mean, I don't know about you.
You're gambling.
We are predicting. We are first to market. We're not... We're here to predict well i mean i don't know about you you you're gambling we are
predicting we are first market we're not we're still gambling should we do some predicting on
each we do some predicting on coin race we that would be nice also um if you could do a little
top up on the account because we have nine winners oh yeah sure sure while we do that
while we do that i need to defend myself against some of these comments. So when Tyler super-hooked about a meme, it is almost at the top, mostly.
Fair comment.
No, no, no, no, no, no, no, no.
This is true.
This is true.
Tyler tells us at the top.
He's been in since last weekend.
He's not even in and out.
So he gets us on the second bounce.
And then he tells us.
To his defense, he always ends up holding to zero.
What do you have to say about that comment, Tyler Tyler I'm honest I I have never traded this I don't hold any so this is not me
pumping my bag and I mean it was it's a terrible trade by me a terrible miss by me I should be in
this uh so I used to be in this one you're like always oh because you were off the date pumped
or something and forgot you were saying you were not on your it's so hard to buy something
over 10 million in this market and yeah i missed the first round there is emotionally
and naturally attached to that monkey good comment good comment you know the thing is you can read
kind of like a fucking book right when he talks about a meme that he's involved in versus a meme
that he's missed it's it's you can read. It's straight away. You're a terrible liar.
Yeah, that's true.
I'm not a great poker player.
Oh my God, you guys are so funny.
Did we miss anything, Ty?
Or should we just gamble?
Let's predict.
Let's do some predictions on them.
You top us up.
In the meantime, Charlie,
let's pick the ninth winner.
So it's a subscriber today,
right?
I believe.
And then we're just going to rip nine winners.
We have to see what we want to do.
Tyler had some ideas,
but we decided why not just like wing it once Mando comes on as well.
Okay.
Okay.
If you want to top up the account called Faroque Mando while you're at it.
Anyone else want to top up guys?
Anyone else?
Maybe. You get a top. Hey guys. Anyone else want to top up, guys? Anyone else? Me?
You get a top up.
Hey, guys, if you want to top up,
this is the time.
Put your username in the chat.
You never know.
Mando's feeling generous.
Trump tariff top up Friday.
Here we go.
Tariff top up Friday.
I just wanted to say, Mando,
I will be home for the next four weeks.
So if you want to rip a little night stream
in the next month
I'm definitely down
yeah
rip a few things
yeah
I'm going monk mode
for 30 days
but that was a really
hectic month
for your boy
yeah
man I went to Miami
came back
went to Hong Kong
came back
and then three days
I went back to Miami
came back
65 hours of flights
in 30 days it's wild yeah you Miami, came back. 65 hours of flights in 30 days.
That's wild. Yeah, you did a lot of flights.
A lot of flights.
It's going fucking wild here, guys.
There you go. Put your username.
You never know. You never know how Mando's
feeling.
I'll choose one person.
I'll choose one person that puts their username
in the chat.
We let you handle that. Charlie, you handle the ninth winner.
Put your username and Mando's
going to give you a top-up. So that's almost like we have
ten winners.
Whoa!
That's his second win in the
last few months.
After months and months and months and months and months of not winning.
This guy never wins though, right?
This guy never wins.
Oh my God.
There he is.
He's going to be the number 10th winner today.
So we have 10 winners.
I believe I have the list.
Let me.
No, it should be nine.
Oh, nine.
Sorry.
Sorry.
I mean, Mando has it.
He's going to himself hang on a 10th.
So we have...
Just so I remind you.
So Arizona Fred, which is Don't Stay Away on Yeet.
Gensby.
Looks13.
ABeast11.
SirRobot.
Trundle.
Ecolando.
Mr. D. Oaks.
And now Cola.
Love to see that.
So a lot of familiar names on that list.
Okay, boys.
So we have time.
We have money now.
How the fuck do we pick...
We're not going to do
any Lamb Chop action, right?
Because it's too hard
when they're here
unless we play for them.
What are we doing?
To me, the games are
Coin Race,
Omaha,
and or Planko. We can pick one one do it for all of them we can do like
three three three so first and foremost i do want to mention all nine of them automatically win
five hundred dollars so that's 4 500 usdt already given thanks to yeet so that's already you already
all made five hundred dollars so that's that and And then you get an extra $500 to play with.
Where do we start?
We can do nine different ones if you want and just play.
But we rip $500 hands for each.
So not like two rounds of each, right?
Or else like 18.
Let's go to the originals.
I don't mind doing three.
We can do nine Plinko Bowls.
That's... That's degenerate as fuck. Nine 500-Buck Plinko Balls. That's degenerate as fuck.
Nine 500 Plinko Balls? That's pretty fun.
And so we do just one round.
Or one at a time each.
One ball, nine rounds.
Yeah.
You guys really want to do that?
Why not? Let's do it.
You want to do nine
Plinko balls at 500
each.
So 4,500. But then how do we know
who won what? Let's do the long ball.
We can see our results,
I think.
Just do each one.
Just note it down at the end of each one.
Okay, so...
Five...
Okay.
So it would be...
But you want to do one ball, like a $500.
You're talking about...
I think we do one ball.
Wait, we have a limit?
Yeah, because you're on high.
Switch to low.
Or like medium. It would be high. You're on high. Switch to low. Or like medium.
Or switch to medium.
It'd be fine.
So it would be like medium speed, one bet.
Yeah.
Yeah.
So it would be, sorry, medium, 16, like this.
Like it would be 16 rows, medium.
Because you can't do high.
Yeah, okay.
So medium, $500.
And you want me to rip that nine times.
One at a time. Yeah. Okay, so the lowest they're going to So medium $500. And you want me to rip that nine times. One at a time.
Yeah.
Okay.
So the lowest they're going to get is $250.
And they could get 100x.
So 100x times 500.
Yeah.
That would be huge.
I like it.
Yeah.
Okay.
Yeah.
Okay.
So Charlie, take notes.
So this is before the nine balls.
Three, six, six, two, three, four.
So, we just have to note the amount after each ball hits.
Okay.
So, I take a screenshot after each game.
Yeah.
Or he can just write it in a...
Okay.
So, Arizona Fred, aka Don't Stay Away on Yeet,
this $500 ball is for you.
Okay, so I got it all right, right? I'm good?
Yeah, real quick.
So there's a question in the chat from one of the winners.
So are we just splitting? No, we're not.
So each of you are going to get one ball.
I'm going to call your name.
Each of you get one call.
This one is for Arizona Fred.
Guys, if 100x hit, I'm going to be fucking fucking losing my shit are we able to get sound hold on oh this is so good this one there's no music on all right do you guys think
oh so we'll just keep okay so this is i take another screenshot so yeah i'll just note it
down yeah fuck all right next one next Next one. Next one is for...
Next one is for Gensby.
All right.
Here we go.
Come on.
Let's go.
Here we go.
Let's go.
Here we go.
Here we go.
Crazy.
Go left, left, left.
This is not looking so good.
What?
All right.
I'm just keep taking screenshots here.
One second.
Yeah.
Next one is for Lux13.
All right, here we go.
Oh, that's a good start.
That's a great start.
That's a great start.
Oh, that's a good start.
Yes.
Yes.
Oh, nice.
Oh, still nice.
Still nice.
That's 750.
Yeah.
He made a bit of money at 1.5x.
Yeah, it's 1.25.
It's 1.25k now. Dude, that's a lot of money. That's a nice one Yeah. He made quite a bit of money at $1.5K. Yeah, it's $1.25. It's $1.25K now.
Dude, that's a lot of money.
That's a nice one for looks.
All right.
$1.25K for looks.
So we're giving away like $10,000 today, at least.
Yeah, that'll be $10,000, roughly.
Maybe still.
It's a 1% house edge game.
All right.
Go, go, go.
Left to right.
Left to right.
Yes, yes, yes, yes.
Oh, no. Straight down the middle Yes, yes, yes, yes. Oh, no.
Straight down the middle.
I'm going to screenshot again.
This is so funny.
Dude, your Plinko needs a little music,
I'm going to say.
Sir.
Sir.
Plinko's music?
Yeah, maybe not.
Sir Robot.
I'm going to go smack
in so many different balls
that it doesn't.
I know, it's true, it's true.
It makes sense.
This one's. No. God, we're not doing so't… I know. It's true. It's true. This one's… This one's… No.
God, we're not doing so well here, guys.
0.5.
They still make 250 on top of their 500, right?
Yeah. So they're still getting 750.
All in.
Okay. So Trundle next.
Trundle.
I think he's here.
Let's go.
Come on.
Let's get a win.
Let's get a big win.
Can we get at least…
This is good. Go left. Go left. Let's get a big win. Can we get at least one? Oh! Oh! This is good.
Go left.
Go left.
What's going on?
Boom!
Is that a three?
That person just...
Yeah, it was a 3X.
That's a three.
That's a 2K win.
Wow.
2K win.
Trundle, he's here.
I'm pretty sure I saw his name.
All right.
Next is Eco Lando.
Another big...
Oh, Sir Robots here too.
Trundle, everyone's here.
Let's go.
$2,000 win?
On top of the 500 bucks they take home?
Well, $1,500 plus.
Yeah.
Oh, that's true.
Yeah, my bad.
All right, let's go.
This one's looking.
Come on.
Yeah, yeah.
Left, left, left, left, left, left.
Oh, run out of the mill.
Rando wins again.
All right, next is Mr. D. Oaks. Two left. Two left.. Next is Mr. D. Oaks.
Two left.
Two left.
All right, Mr. D. Oaks.
Come on, dude.
Come on.
Yes.
Go left.
I like that.
I like that.
Oh, no.
One of the worst.
One of the worst.
Last one.
All right.
We'd be hilarious if Kola gets like 100x now. All right, Kola. All right, K would be hilarious if Cola gets like 100x now.
All right, Cola.
All right, Cola.
Give him the max.
All right, give it to him.
Give it to him.
Yes, yes.
Oh, it's coming.
Hold on.
Hold on.
All right.
Decent.
So you got a... That's $12.50. That's dope. All right. Decent.
That's $12.50.
Let's go.
All right.
Well.
All right.
I'm going to pick someone, right?
Let me just scroll up.
Yeah, you pick someone in the audience.
Okay.
I'm just going to scroll up randomly.
Okay, guys?
Yeah.
And we stopped.
And the first one I see is... I mean, we went too high.
Hold on.
I'm going to go down.
I see.
I just can't even see no one yet.
Dude, there's so many comments right now.
It's insane.
Oh, really?
Yeah.
I see the comments on Cinead right now are going nuts.
People are just...
All right.
I'm stopping right now.
Oh, this is so... I can't even insane no it's insane the chat right now is
guys this is insane how the fuck can i do this okay i'm doing stopping right now sosa sosa sosa
wins who's sosa black icm I see him. I see him.
Yeah.
So what?
You want to top them up or you want me to run a game for them?
No, just run it for him.
Okay, perfect.
So let's just run another one.
And the last one's Sosa.
Sosa?
Sosa?
What an N.
What a name indeed.
All right, let's go.
All right, let's go.
Come on.
Come on, let's go.
Let's MTE. Left, left, left. Left, left, left, left, left. All right, let's go. All right, let's do it. Come on. Come on, let's go. Let's empty yeet.
Left, left, left.
Left, left, left, left, left.
All right, but do something.
0.5.
It's so good.
It's not that bad.
I mean, look, I think the worst summer goal is 0.3.
So, like, I think we must have at least given 12, 13 grand today.
Not a bad Friday.
In this economy?
In this economy? In this economy?
Jeez, that's
alright. Well, that being said,
gentlemen, I wish you
a great weekend, and we'll
see you on Monday morning, 10 a.m. is your standard time.
Peace out.
Bye. Thank you.んんん
