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Gamblers GONE - $UFD - UNICORN FART DUST meme coin
Recorded: March 29, 2025 Duration: 0:43:47Space Recording
Short Summary
In a recent live stream, the UFD community leader discussed the resilience of cryptocurrencies amidst market challenges, highlighting UFD's growth potential with a current market cap of $29 million and a trading volume of 12%. The conversation emphasized the importance of responsible investing, strategic partnerships, and the shift towards long-term investors in the crypto space.
Full Transcription
Sign your horn!
Is your horn tinkling?
Don't you have horns!
Horns off! Horns off! Horns off! Horns off! Horns off!
Horns off! Horns off!
We are Unicorn Bunkers! we are unicorn breakfast
hey guys welcome to the live stream welcome to the basement welcome to duster club on saturday
morning yes i know i looked at the chart this morning. I'm seeing what
you're seeing. But I want us to remember one important thing, and that is that every successful
cryptocurrency that's ever existed has gone through prolonged periods of challenge. And I
would say that the last eight weeks, I was talking to a couple of our fellow dusters yesterday, the last six, seven, eight weeks, we've been hit with everything. And this
morning, they're hitting us again. But this is exactly what every single successful crypto has
been through. There's this period of time where the soft-handed, the non-diamond-hooved, in our case, people are weeded out. And that could
be what's going on right now. Now, I want to remind you, as I do every time we talk, this is not
financial advice. I'm not a financial planner. I would recommend that you always invest responsibly.
I will disclose to you that my investment, our investment in unicorn fart dust is our single biggest investment.
So when I speak about what's going on with UFD, with our community, I'm aligned with you and I'm
speaking from our heart. And I think this morning, right, more so than most any other morning lately,
we need to remind ourselves, horns up, dusters, horns up. Let's go look at the chart, right? Hey, you know, we'll take the good days when they come, but we'll also address the challenging days. Let's pull up the chart and see what's going on here. We're at 0.029. So our market cap right now sits at $29 million, $29.1 million.
$29 million, $29.1 million. Look, what I see when I look at this data that is encouraging to me
is that our volume over the last 24 hours as compared to our market cap sits around 12%.
Look, guys, when I go look at other, let's look at pudgy penguins, right? I think we're in the
same category with them.
Looks like they're having a rough day as well.
Look, their volume to market cap, very similar to ours, about 12%.
What that means is that only one in 10 beans or one in 10 coins are being traded over the last 24 hours.
We're not having like a mass exodus of dusters
or anything like that.
Actually, I would argue, right,
that what we could be experiencing right now
is more Diamond Hoove dusters joining our ranks, right?
Day by day by day.
Look, this still holds true.
Nothing changed in the last four, five, six weeks. There's still only 999 million UFD beans. If each day as we move along and the community grows more robust, we do stack up more diamond hood dusters. We can't make more beans. And when we get to a point where we have a large community of people that are holding their
beans and not selling, which it kind of feels like when we look at what's going on in the chart now,
I know the price is down, but the volume, we're not seeing mass numbers. Let's just go look at
some of the other meme coins quickly and compare. Let's see who pulls up here. Let's look at morning routine. You know, a week ago
right now, that was the hottest meme coin on the face of the earth. And if we look at a week ago
right now, you can see it's currently sitting, I think it's about down like 90% in the last week, but they're trading 227% of their volume over the last 24 hours is equal to
227% of their market cap. That means for each coin they have, two had basically traded. For every
100 coins they have, 200 have traded over the last 24 hours, whereas with UFD, we're seeing a number closer to 12 or 13 out of 100.
So at the end of the day, guys, here's another thing, a couple of things that I think are going on.
I think the gamblers are leaving the market right now.
Now what we're seeing is the gambling money leaving the market and more long-term focused investors coming into the meme coin sector.
Look, I don't have a crystal ball.
I can't control the price.
I'm giving you my perspective on what's going on.
And what I feel in the community is still a robust belief, a robust sense of belonging that we've got a real unique situation. I mean, I know it
stinks. Trust me. You know, look, I'm, like I said earlier, this is my biggest single investment
that I have. So I feel the pain. I'm not going to come on here and cry and tell you, you know,
I do cry, but not over the price of the coin, not in public anyway.
But I want you to know that I'm aligned with you.
And I understand, right?
These are challenging times.
But guys, every single meme coin, every single crypto, Bitcoin went through it.
The other big guys that's gone through these periods like this, it happens.
It actually, what is it the crypt wizard used to say?
I got it written down here somewhere.
Diamonds are formed under pressure.
And man, we have been under some, we've been tested.
Just, you know, look, we've been around for about 13 weeks,
but over the last eight weeks, you know everything we've gone through.
Hacks, FUD, FUD attacks, you name it, right?
In a market that has been very challenging.
And I scratched both my
ears at once. I'll tell you this right now, okay? Buttercups and dusters and diamond-hoove dusters,
right? These last eight weeks, what we've proven, yeah, I know, sure, right? The market cap's at 29 million. Guess what? We're better off than 99.
We're better off than 999 out of 1,000,
probably even a bigger number than that in terms of other meme coins.
So let's take a step back and realize what we have accomplished.
I'll argue that we have established ourselves,
that we have established UFD as a surviving force that will make it through whatever happens, whatever they continue to throw at us.
Why?
Because people are looking for a home, a community where they can belong and have shared beliefs and morals.
They're also tired of gambling, okay? And our UFD community
offers just that, a place where people can belong and a fair and level playing field,
an opportunity like none other, right? We didn't, guys, we didn't start with $20 million and a bunch
of investors. We didn't start with a Hollywood movie star or a president or a president elect.
No. Right. We started with this down here and 100 bucks.
And then we got you. And that's what grew this to where it is.
And it is a big deal what we've accomplished. Right.
I mean, if we if we turn the lights out right now, we could look in the
mirror, each and every one of us, and say, we did something great. We did something great, and we
want to continue that into the future. Now, again, invest responsibly, please, okay? Please, please,
okay? I've never sold a bean. I can never tell you to buy beans, sell beans, do anything
like that, but be responsible. And at the same time, be rational about what's going on with
unicorn fart dust. Because I think if we take a step back and look at the big picture, look how
unique things are from the, from the origin, the odds that were against us from day one that we beat to get to where we
are today over three months, okay? This is special. This is unique, all right? When we take a step back
and look at what's going on, right, we can realize where we can be heading in the future. That's all going to depend on us, right, as a community,
what we decide to do, the day in and day out work.
And there's a lot of people with a lot of ideas,
and I encourage all the ideas.
The good ideas will win out.
We've got some unbelievable great people that are being attracted to our community.
I mean, really high quality.
You know the list of people that
have said they like unicorn fart dust. Luca from Pudgy Penguins. Wiley from the Bored Apes had said
it. Who's the guy? Mr. Cena? John Cena? Well, he didn't say that, but he's been liking a lot of
dusters. David Goldstein. Guys, we're sponsored by, and thank you, by the way, Ledger, the leader,
right, in hardware wallet, crypto security. Guys, don't make the same mistake I made,
okay? Don't you do it. Think about security before something happens. I know it seems like
common sense, but I think it's human nature to think, oh, I'll be okay. Oh, I'll be okay. And then something happens and then security
and securing your crypto becomes a top priority. Trust me, learn from me. Okay. There's an affiliate
link you can check out for Ledger as well. And of course, MoonPay, right? Our good friend,
Keith Grossman, Ivan, the CEO, the company's incredible what
they're doing, right? Thank you to MoonPay. These companies are sponsoring us. These companies
believe in us because we're bringing new, good quality people into the crypto world. And guys,
as it happens little by little, look, it's a big deal that we can't make. There's no more beans to be made.
Right? I know. Trust me. I get it. I understand. And I do feel, right? Look, I woke up at like
three o'clock in the morning thinking about all this, which is my problem, not your problem.
I feel a deep responsibility to UFD, to the community. okay? I feel like you guys are part of my family. You know, of course,
I have my organic family, which is my number one priority, which is the case with you,
but I feel like we have a UFD family, and I feel a responsibility. That's why I get on here. That's
why I love seeing you, right, show up in the basement, right, and if we keep doing the right
things, we don't know what, I mean, look, there's no guarantees.
None.
I can't guarantee.
Anybody who guarantees or says,
oh, this will happen, that'll happen,
they're full of it.
Walk the other way.
But the only thing we can guarantee,
that I can guarantee,
is that I'll keep doing my best.
And if you keep doing your best,
and we have discipline,
which means sometimes doing things when we don't feel like it, when it's not fun, but we know it's the best thing to do.
And we know it's something we'd committed to do that that will pay dividends. And that's what I
see in this community. DJ Litmus last night, right? Had a wonderful show. I could only stop in for a
few minutes because I was at work and I usually pass
out at 11 o'clock at night, but I mean, I got, I mean, so much good going on. Emma, I mean, so many
people are doing so many things. And by the way, tonight I will be on the after hours spaces. I
think there's going to be a few giveaways. I'm going to be in there for at least 45 minutes or
an hour from the very start
with crypto art. I think the dark duster will be there. A lot of OB. I think a lot of great
people will be there. So if you want to tune into that, and that's usually my sleep time.
So I'm going to be drinking coffee, but ready to go. And, you know, I know the overnight spaces
are doing a lot for the community.
All right.
Hard work pays off.
Okay.
Let's see here.
The other thing I wanted to mention to you guys, let's talk about this fact that what's going on in the market.
And then we're going to talk about what's going on, some scary things going on in the general economy macro market.
But what do you think about this? What I see almost undeniably
right now in the crypto market is that overall, obviously, the crypto market's struggling. Okay,
I'll say it, right? I mean, when I started UFD on December 16th, Bitcoin was $108,000. The first Solana that I bought through MoonPay cost $225. And where's Solana?
I checked this morning around $100. So on a macro level, crypto is in a bit of a challenging period,
which is normal, right? A surprise to a lot of people because they thought Trump's going to get
in and crypto is going to explode. But the reality has been something a little bit different, okay? A little
bit different. But when I look at the meme coin sector, our sector, our part of the crypto world,
okay? Look, we've got the big dog, Dogecoin, right? The biggies, the ones that have been around for 10
years. Although Dogecoin is able to create more coins every year, from what I understand, which I think sets us apart from them, but I digress.
Then what I've been noticing lately, like a coin like
Fartcoin, and I don't consider us to be a competitor with Fartcoin,
even though we have the word fart in the name of our token, we're
a completely different animal altogether, is how I would
describe that, but I'm seeing, you know,
you're seeing some resilience in Dogecoin. Sure, it's down, but it's not getting destroyed, right?
You're seeing Fartcoin and some of these other coins that were around a little bit longer than us
doing a little bit better than us. And then you have us, right? You have coins that have been around, let's say,
three, four, or five months that have strong communities. That's the big difference. That's
what makes us one out of a million. And we are surviving, right? But we are going through a
definite rough period. We're going through a period of reorganization, we'll call it,
period. We're going through a period of reorganization, we'll call it, distribution,
whatever you want to call it, right? We're gaining more and more dusters and diamond
hood dusters by the day. So there's like those three layers. And then there's a big gap down to
what I would call the gambling coins, right? And I won't name names, but ones that maybe came out
two weeks ago or a week ago that everybody was talking about and they shoot up and they shoot down.
We have set ourselves way apart from those.
And the gamblers, I believe, are starting to leave the market.
OK, so let's keep doing what we're doing.
Right. It comes down to community.
That's really it's that simple.
We can get real
complicated about all these things. Trust me, I've heard them all. Guys, I mean, honestly,
it can be a little stressful at times because on a daily basis, I get experts reaching out to me,
telling me what we need to do, okay? Hundreds of times since the coin was created.
Okay, hundreds of times since the coin was created.
In my opinion, what I'm always focused on is you, the community.
If the community remains robust, the community continues to evolve in a good way, which is what we're doing, right?
Think DJ Litmus, think the contest that Emma is doing, think all, you know, a whole host
of things that are going on, is the community evolves in a positive manner, okay? It doesn't
necessarily mean, hey, you know, we want to add 10,000. If somebody gave me, let me explain that
to you. If you magically came to me right now here in the basement, oh, there you are.
And you said, hey, Ron, you have two choices, okay?
You can either have 1,000 high-quality community members join your community right now,
or I can put 10,000 people in your community, but they're only going to stick around for a little while.
Hey, it's an easy, we want the thousand people.
So as this community continues to evolve, continues to expand with high quality people, I mean, guys, that sets us apart.
That makes us different.
People like Ryan Waller, The Bean, Crypt Wizard.
I mean, I could go on Simon, DJ Litmus, all kinds of you guys.
Everybody, if I didn't name you, don't take it personally. I can't remember everybody's name at once.
But that's what makes the difference. That's what will continue to make the difference. Period.
Now, again, be responsible in how you invest or what you buy, whether you're talking
about stocks, bonds, mutual funds, real estate, cryptocurrency, or unicorn fart dust, right?
Always be responsible. Understand that any investment has risk, but there's no risk
in being an active member in the UFD community. Think about that, right?
That's something that we can control.
That's something that I can control.
I can control whether I choose to have the pleasure and the honor
to get to connect with you on a Saturday morning here in Duster Club, right?
I get to choose that, right?
We can control certain things.
You can control.
If you got an idea, I'm going to
tell you one more time. Duster, I almost called you Buttercup, Diamond Hoove Duster. The only
failure, if you got an idea, go for it, because the only failure is in not trying, okay? If you
have an idea of something you think would help UFD, I got a guy who emailed
me this morning with some idea about a new central repository and, you know, he's supposedly a guru
and it would help the community. I said, Hey, look, I'm all for anything that helps the community.
Talk to the, talk to the whale group, talk to the leaders of UFD and go for it. If it's a good idea, it will stick.
Okay. You guys know, I've been in crypto for three months. This is all fascinating and new to me.
And, you know, here's the other thing I want to bring up. When you think about your ideas,
nobody's an expert guru in this stuff. Okay. Things are always changing, number one,
and number two, number two, right? Meme coins haven't been around for that long. So things
are rapidly changing in the world of crypto. And there's not like decades and decades of
use cases and experience that you can draw upon. So if you have an idea,
of use cases and experience that you can draw upon.
So if you have an idea, excuse me,
I really do encourage you to go for it, okay?
Hey, let's do Duster of the Day.
Boy, I'm rambling.
Let's do Duster of the Day, a special Saturday edition.
And today's Duster of the Day,
we aren't going to look at that much longer,
is our friend Javi. Let's pull up Javi. There we go. Hey, Mr. Javi, look at that. Look at that
cool NFT he's got. I forget what you call that, P-whatever profile picture. Javi was nominated
as Duster of the Day. I got something I'm going to read to you here, but when I look through his timeline, right, there's the dance party. Hey, look at that. I didn't see that. That's cool.
That is very cool. That's what our community is doing, right? Guys, there's value in this.
There is real value. There's value. Oh, wow. Look at that. Live in Times Square. Look, yeah. Oh, wow. Look at that. Live in Times Square. Yeah. Oh, that's cool. I didn't see that one.
No way. Is this a picture of it too? Hold on here. Let's put play.
Hold on here, guys.
There we are. Look at all the people trying to make this full screen what i'm doing wrong here
i can't make that
nope oh there we go
there we are there's ufd right there oh here you make it bigger. Start over. Thanks for sharing this, Javi. There we are. Right there, guys.
Times Square.
I mean, you know,
let me say this as well. Let's go back here.
Then we're going to get back to Javi for Duster of the Day. See if I can get back to where I need to go, which I can.
All right.
Hold on here.
I'm trying to get that to stop playing, okay?
Guys, it's all the things going on, little by little by little, okay?
People worked very hard to get that billboard in Times
Square. DJ Litmus was working very hard for the, you know, Emma works very hard, Crip Wizard. And
again, if I don't name you, please don't take it personally, but it's all the little things,
you know, don't, don't look at what you did or what you do, and if the price of beans goes up
that day or the next day, okay? This is a little by little by little by little. I told you this,
I warned you at the very beginning, that if we were going to go on a long-term ride,
right, that there's going to be ups and there's going to be downs. And the important thing is what we do day by day by day.
Okay. Done preaching. Let's go back out to Javi. Javi, you are the duster of the day and hold on
here. Got him up. Okay. I want to read you guys something that Javi sent to us. Everyone sends
these wonderful messages that I get the privilege of reading to you, the UFD community.
Hello, Ron. Thank you for the honor of being Duster of the Day. My name is Javier,
and I'm from Venezuela, but I live in Argentina. Okay, there we go. Guys, stop. Take a breath.
Think about UFD everywhere. Africa, Europe, South America, living in Argentina, living in both countries has made me very aware of the effects of inflation.
Oh, yeah. I had to leave college and my country because of hyperinflation we were experiencing.
After some years, my family and I stabilized ourselves in Argentina, always saving in USD and some Bitcoin. I was never active on
social media, but the moment I watched your first live stream and looked at the Jerome Powell
toilet paper, I knew that you were, you knew what you were talking about. I had to be part of this
legendary movement. I want to thank you a lot since I've watched how you took the job of becoming a
community leader and saw the potential UFD has. I remember the first UFD streams and how you looked
at a lot of signals that seemed to point that this all was destined to be. Yeah, we call it
destiny. This community is extremely special. I've seen it form and grow. I get goosebumps just being
able to witness the unlimited potential we have.
I want to thank every duster in the herd.
This really is a community effort, and you guys are killing it.
Please put some beans in the jar for me and my family.
Fine regards to upstairs Susie.
Everybody loves Susie.
Mascat Jasper and all the herd.
And you, R Toshi Silver Moto.
UFD Digital Silver.
Go UFD.
Thank you, Javi.
I got to tell you, Javi, where I job, I have at night, every night, guys.
And it's true.
Most of you out there, Javi, you're the duster of the day.
Everyone help me.
And then I'm going to talk more about Javi, put on his golden horn.
But guys, most of us have never lived through what's called hyperinflation.
Hyperinflation means this.
You go to the store this morning, buy a loaf of bread, and it costs $2.
You go back tomorrow to buy a loaf of bread, and it costs $2. You go back tomorrow to buy a loaf of bread and it costs $20.
You go back the next day to buy a loaf of bread and it costs $200. And you go back the next day
and it costs $200,000. That means when the currency, right? And this is, the reality is,
this is a paper fiat currency. It's when the currency rapidly loses value.
Now, I know Javi, right?
Venezuelan living in Argentina.
And I know Argentina's had problems with inflation.
I don't think quite, obviously, Venezuela had a big issue with hyperinflation.
That's because any paper currency can be printed into infinity. Remember after C-19 that the U.S. dollar, the U.S. Federal Reserve printed 40% of the U.S. dollars that were ever created throughout history. That's real. That's a fact. Fact check me on that.
That's why we had that inflation that we had back in, what, 2021, 2022, right, when a loaf of bread in the United, when everything went up twice in price.
You experienced it at the grocery store.
I go to Aldi all the time, and the bags of chips that used to cost $1.10 suddenly cost $1.90 or $2.20.
So it's real.
But how does that relate to Unicorn Fart Dust?
Because of this.
Our old love jug.
This jug cannot get any bigger.
See the $999 million?
$999 million.
That's how many beans there are of UFD.
That's how many beans will fit in this jug.
Even on bad days.
There's a finite.
I don't think Susie likes when I shake the beans.
Anyway, there's a finite number of UFD beans.
They can't print more beans.
They can print more U.S. dollars.
They can print more Venezuelan, I think they were called boulevards, boulevards.
I don't know, right?
It happens in Africa all the time.
It's a sudden loss in value in a currency, okay?
What's different about UFD?
What's different about crypto? Two things,
right? You can't print more UFD, period, period. And you know, day by day, because of you,
the community, we're getting more and more long-term holders. However, what's also critical,
right? What's also critical to remember is that we aren't just in Venezuela or Argentina
or France, right? Or Canada or the United States or any country in Africa. We are all over the
world, people all over. And I want to be in India, but nobody's taken up the cause to spread the UFD message in India. Look, look. Okay,
let me finish. We're everywhere, and we're equal opportunity. Most people in the world, you know,
maybe it's a good thing for them. Actually, ironically, a lot of people in this world
can't even get a bank account. Okay, do you realize that? And they probably don't want them in the countries they're in because their currencies depreciate in value so quickly. But almost
everybody in the world now are more and more and more people are getting these things.
This is called a cell phone. I'm old enough to remember when we didn't have these.
The first cell phone, honestly, I remember it was a Chicago White Sox guy with this guy, Scott.
He was a rich trader at the Chicago Board of Trade or whatever.
And he had this suitcase.
It was a cell phone.
I'll never forget it.
I was like, wow, that's cool.
Anyway, everybody in the world now basically has or is getting access to these.
And these give access to these. And these give access to these. This, I didn't plan this,
but it's a great example. This gives access to this. And not just UFD, but all types of crypto.
Think about that. We're all over the world. Everybody has access to it. And a lot of these
people don't have access to bank
accounts because they don't have enough money and they don't really want access to bank accounts.
Come on, world! I want everybody, somebody please clip this next part. Clip it and make it into a
short. I want, I'm speaking to my friends in India. Welcome. Sorry, I can't speak Hindi, but I would like everyone in India
to buy one UFD bean. Trust me, it would be a very lucrative situation for you, and I promise you,
I guarantee you, we're never going to make any more beans, okay? Let me give you this quick
example of why that's important. Let's say you're a baseball card collector. Instead of buying UFD beans, you collect baseball cards. And I'm a great baseball star, okay? Make believe. I was a great
whatever, MVP, whatever. And you collect baseball cards, and I've never signed a card. And you come
in, and they're saying, oh, Ron's going to be signing cards for the first time. And I say, I'm only going to sign a hundred
cards, period. I will never sign another one. And I sign up a contract. I write it all out.
That would make the value of my signature much higher because there's a limited number. There's
a finite number of signatures. Same thing holds true for that. I'm sorry. I digress. What did I miss here?
Yeah, let's talk about this as well. It's, look, the crud that we're going through right now,
everybody, the stock market's not doing well either. Let's go take a look at this.
You ready for some good news? Sorry, joking when I said that. And again, Javi, congratulations.
You're the duster of the day.
Where is it? Bear with me. Here it is. I'm sharing the right tab. Baby, I'm on fire this morning.
Okay. This is from our friend Kyle Chassie, right? He said, holy poop, 1.25 trillion left the stock market. One day in, one day out. Okay. This is a heat map. This is called
a heat map of the market. You can see Microsoft, Google down 5% meta. When it's red, that means
it's down. Do you see any green on there whatsoever? I guess this is the NASDAQ, but guys, I think the NASDAQ was down.
Here, let's go take a look real quick.
Let me pull this up.
I think the NASDAQ was down 3% yesterday.
Bear with me.
I'm still here.
Are you still there?
You are still there.
Okay.
That's so bad that it even put it on there. Unbelievable. Oh, there's Elon Musk when
he was a little kid. That's cute. Okay. Let's look at the markets. What the heck? How can they,
oh, there it's over here on the right. Make that big. I don't know. Here's the NASDAQ yesterday.
Let's see if I can pull that up. Is that going to pull up? Here it is. Okay,
this is the tech stocks. Wow. Look at that. The NASDAQ was down almost 3% yesterday. Are we on
the right screen? I think we are. Yes. All right. So that was yesterday. Let's look at one month on
the NASDAQ. All right. Not doing too good.
How about six months?
Woof.
So that's where we were on February 19th.
That's where the NASDAQ was.
And now, I mean, as you can see on this chart, let's pull out the crayons.
As you can see, we've been in a big downtrend in the tech stocks. And again, that will,
so that's the, we talk about the macro crypto environment. This is the macro economic and market environment that we're in. Not looking, not looking real optimistic. I don't want to be
negative or anything like that. Here's, this is the big, this is the big problem.
Okay, Javi talked about me and pulling out the Jerome Powell toilet paper thing.
But on Friday, we got higher than expected inflation numbers.
And what that means is then that spooked the market into thinking that the Fed won't be
able to cut rates anytime soon, said the Fed's
inflation dilemma just got more challenging as Trump's new tariffs loom. Now, I'm going to explain
this to you. The Federal Reserve preferred inflation gauge showed prices in February rose
more than expected, reintensifying the central bank's inflation battle at a time when it expects new tariffs from the
Trump administration to push prices higher. Okay, I'm coming back. Don't worry, I'm going to get
them out. Don't you worry, buttercups, dusters, and diamond hooves, those of you who are in the
diamond hooves section. All right, this guy, I'm not supposed to open this, am I? Should I open it?
This guy, I'm not supposed to open this, am I?
Should I open it?
All right.
This guy is in trouble.
Okay.
That's Jerome Powell.
He's the head of the Federal Reserve.
They control all the money in the United States.
And one of their favorite things to do is to print money.
Why?
Real simple.
Because it's an easy band-aid fix for problems that are going on.
But I made this box two years ago.
On one side, I put an R for a recession.
On the other side, an I for inflation.
What did that article just tell us?
We got a big inflation problem.
We already knew that, right?
You've been to the grocery store.
But inflation now, I'm back here, is officially picking up, kicking up again.
And what makes it even more scary is the fact that, what is it, on April 2nd,
we're going to have these new tariffs coming into play,
which is going to kick inflation up even higher.
But, and I like big buts.
This is a big but. There's also, that's why I put him in a
box because he's boxed in. An R on the other side, that's for recession. And we're hearing from
companies like Walmart. We're hearing from data that's coming through, real data, that the economy
is struggling as well. That puts Jerome in a box.
And here's the reason why.
To fight high inflation, okay,
the Fed needs to keep rates high
or even raise interest rates.
But if they do that,
if they raise interest rates,
that makes the recession worse.
And to fight the recession,
they need to cut rates.
Well, that makes the inflation worse. Again, I the recession, they need to cut rates.
Well, that makes the inflation worse.
Again, I'm going to keep doing this until you get it.
And if the inflation goes up, the only thing they can do to deal with that is to raise rates.
But that's why he's in a box, because when they raise rates, that makes the recession worse.
That's why Jerome's in a box. That's why I used to always say, okay, and trust me, guys,
that's like the Wizard of Oz. They like run the world economy, okay? But if you go into the Federal
Reserve Building in Washington, D.C. and say the word stagflation, that's called stagflation,
a stagnant economy with inflation, and it puts the Fed in a box. They're kind of damned if they do, damned if they don't. It's
scary. It's a scary situation. On top of that, we're dealing with a scary situation in the
United States right now when it comes to our fiscal situation, which is the debt that we have
as the country, the deficits that we're running, the interest expense. You know, I've
shown you many times we're in a debt doom spiral, right? Now, I know that they're trying to cut a
bunch of expenses and deal with that in Washington, D.C. This is not a political show, but this macro
environment could lead, let me bring it all home and tell you what it could mean. It could mean
tough economic times and And the only thing
they ever do to deal with tough problems is print more money. And when they print more money,
and I think tinfoil hat conspiracy theory here, I'm not saying I can predict the future,
but when I run it all through the limited superpower supercomputer I have on top of my shoulders, what I think could be going on is that the current administration is fine with the economy slowing down because that will give cover for the Fed to print more money and we'll see where it goes.
Thank you guys for being here.
I went a little longer than I anticipated.
I appreciate you.
Okay. Keep our noses up. Keep our horns up. All right. Because we're in for some, I believe,
you know, we can deal with anything, the UFD community. We already have. Think about that.
Can we deal with anything? What do you think? I think we can. I know that we have.
We've dealt with hacks.
We were born in F-U-D.
We were born in F-U-D.
All right.
And then we flipped the U and the F and made U-F-D.
So whatever they want to throw at us, whatever the market can throw at us,
whatever, we can exist. This is a possibility, guys. Okay. Again, invest responsibly. I'm not
a financial advisor. Okay. However, we can get to a point where we can exist within a more insulated and our own microcosm type environment.
That is not out of the question. Okay. I know it probably doesn't feel like it right now because
we are in the building phase still, although we have established ourselves. We have. I believe
that. And I believe we do have unlimited potential. Okay, guys, I started this down here in the
basement with a hundred bucks. And look at what you've done. Look at what we've done together.
Created this awesome environment, this awesome community where people feel like they belong.
We're creating real value, people helping people. It's all over the world. Okay. So to think that we still don't have potential, right, for unlimited possibilities is an inaccuracy, right? Anything can happen day by day, hoof by hoof. What I see within UFD is people that have grit, people that don't give up,
right? People that will fight for what they believe in and where they belong in the community,
people that are getting real value from being part of UFD. Look, it is real, right? That was one of my wake-up calls
early on. I'm like, it's unicorn fart dust, right? That's what I called it, unicorn fart dust. No,
it is unicorn fart dust. It is magic. The connections, the relationships are real.
You're real. I'm real. We are all together right now. We've got 1,700 people on a live
stream on Saturday morning, right? This is big, okay? Keep up the good work. Do a Saturday
stampede. Oh, let me, wait, did I, okay, yeah, I told the people in India, we need to go to India,
UFD. Trust me.
People from India have money and they're smart and they are growing at a very accelerated rate.
But let's do a Saturday stampede.
I'll put it on you.
I said this last week.
Who can do it? Who wants to come up with an idea for a Saturday stampede?
Put it on the timeline.
Okay.
I'll retweet it. Okay. We will come together.
Let's let people know we're here to stay, right? Or remind them that we're here to stay. Let's have
a good journey. Thank you guys. Okay. Don't forget, if you get a chance, go watch this on YouTube for
a minute or two. We're really, and there's a big benefit to that in that it helps support Ron's
Basement, subscribe on YouTube, but it also helps us reach more and more of the buttercups. A lot of
the, a lot of the people that are, that are buttercups, and I'll put that nicely, are on YouTube
and, and we could reach a lot of people in that, in that regard. And I am going to have a gold and silver focused video.
It's only going to come out on YouTube later today.
You guys have been asking for that.
The crypto community and the gold and silver community has been asking me.
So I made a short video just to highlight so what I thought.
highlights of what I thought. There's supposed to be a big silver squeeze Monday.
There's supposed to be a big silver squeeze Monday.
You know, I've always said silver is the physical form of crypto. I'm a big, you guys probably know,
I was a big silver and gold guy before becoming Mr. Unicorn Fart Dust. Anyway, and I'll be on
later tonight on Crypto Arts Spaces, as long as I'm not like passed out unconscious. No, I'll be there.
Okay, I believe that's at 1055 Eastern. No, yeah, no, 1155 Eastern. Go to Crypto. You can go check
it out on his page. All right, guys, thanks for being here. This is not possible without you.
You take a second. We forgot the three-second rule.
We're all going to smile for three seconds.
I went a little longer.
Yeah, okay.
Be good to yourself.
Be nice to yourself.
Do the best you can today, okay?
Know that you're important, and I'll see you tomorrow.
Thanks, guys.
Bye-bye.
Let's go UFD!
