Yeah, a lot of things happen all day, all day long every day. It's hard to keep up. I was talking to a friend in the space that he essentially said that the last couple of days in the weekend, he just forgot
all about crime tree because he was so tired of not trying to miss him out and stuff and because of that he kind of have a collapse and then he enjoyed the weekend in not thinking about
What's happening? There you go. One more week, one more day and one more story. I will invite Query to join us here as well to speak a little bit.
what's happening in the markets. But yeah, Danny, how was PFB Super High School? How was the meetup that you guys did? How was this all? All things. Oh, very nice, very nice. I saw a lot of art.
I saw Gabriela's name on the wall. I'm very proud, you know, she's my friend and I'm, oh my gosh, she's here. It was great. We talked about PFB Splacol. I gave an early to interview as well about, you know,
now the festival and Tadeus made a tour and show it all the arts there so it was very very cool very nice you know I'm thoughtful there's some some art that some some art that
How can I say that that made me make me think a lot about things Well, it's what I'm supposed to do. No, it's yeah, what I'm saying is that yeah some are just just maybe happen
Exactly. How are you doing goody? GM my friend
GMGM, can you guys hear me? Yeah, sure. Yeah, I'm okay. I'm actually doing real. I'm going back to my city today later. But yeah, it's hot here today as usual. I'm not having another
Now we're keen about hot days but yeah I'm okay just working right now. Later I'm going to go to the airport to work more on a different Indian and I hope that I can sleep on my bed tonight because I love traveling but it's
in time it's so good to like get back home, have your own schedule and do your own things. Oh yeah. How was Rio for you? I asked it Danny and she told a little bit but for you how was Rio? How was PFP Super Echo?
How was the stuff there? Hot. Yeah, yeah, so Yeah, you was okay. I'm not very as I said I'm not very I'm here I said with this all this hardness
and on this shoot. But yeah, the event was great. The people were great, like I love to be able to do this kind of event with the people that I love. So it was awesome and I actually, as Danny said, I was very
proud to see a businessman on the wall. Yes, they were on the B&O representatives wall. So this part was awesome. The part I didn't like it was like how huge an area is very hot and how the people here are not friendly and
Basically don't want you to be here Yeah, just go in a head Then he said something very interesting. We always talk here that we will not discuss prices. We'll not discuss prices
prices, we will not discuss prices, but when prices go up, we are the first ones to talk about prices. So how was your reactions to the East bumping and Bitcoin and all the crypto market bumping in the weekends?
Yeah, so I actually don't do not think that we've bought them yet. I don't know if we're going to get like another don't fall such as we had with FTX, but I don't think like the boom market's back.
That's my personal opinion right now. I think it's good that we have some relief. Nobody wants to live crypto only on bad days. But I don't think the boom market is back yet. We need to be careful and drive
trying to always understand what's happening not only in crypto but only macro economy too so that's my take on that but I'm glad like at the same time it's good to see the price is going up everything's working out because it's very
very tough to weave, not going down on the same slab market as usual or just going down as we saw with FTX and etc. I think it's a good movement but at the same time I'm not very confident on it.
Yeah, how about you then how you felt?
Oh, oh wow, I don't talk about prices. That's so, that's so what's so cold for a moment. So cold. Yeah, I don't know why I think when prices go
I don't have too much hope because I know this is not the time you know this is not the bull time I think so so I can I can see the prices and think okay you
It is just a phase. But we still have to wake to like we are in the worst scenario. We still need to be careful because it's not the time to spend, it's not the time
time to do some dangerous movements and it's to analyze it in a cold way, co-plated in a cold way and study a lot to
see that we are not on a good market. Okay prices got high but I still need to walk to like we are in our in our worst scenario. Yeah exactly. We just separating things
We got huge bumping in pricing in ETH and most crypto assets in general. And NFTs, a lot of collections in the NFT world really pumped.
And this shows a little bit of strength, I would say. I relief sometimes, maybe people can feel a relief that things are going in the green side and the red side.
We need to watch out, we need to stay close to the development mainly on the Gemini first. I would ask you Quiti, what kind of news you want to bring us today?
I don't know what to expect, I don't bring good news just the bad ones. Just the news that I'm going to scare. I like the hot birds in person. I think we should mention here the next case.
That's that's unfolding on Bulgaria. I just saw just some news that the people are saying that all these things are investigation that has been built on next year is because of police issues, but they responded at saying that it wasn't about police
it for issues about price, like social media, tech, and other things. I am following this story but it is very shady. From one point of view, basically every single one of these
We had the last one in the last year following. The last one is actually next to the last big one at least. We actually saw Celcius going down. We have seen X-Linus saw a lot of other ones.
I don't know how they are charging but I know that they include basically money laundering, terrorism and a lot of other crimes. That's never a good intent to say that.
But I don't know man. Do you guys have any any takes on C5 players that are into the crypto but provide some centralized at service? So yeah, I do guys do you guys have anything to add right now? Yeah, always C5 isn't it?
Yeah, absolutely. Or CFI or blockchains that they created that are kind of collapsing. So yeah, always CFI. In a way or another. Yeah.
Guys, I want you to bring a subject here, if you don't matter, just to go off or cycle of telling that Jim and I can, Jim and I in Genesis, there are very close related ones to another and but are different and have
almost the same name. We always talk about what is happening inside of them. But before we go, if we want to go dip in that, I just want to comment on that recent thread I read.
Yes, 30. I follow a guy really closely because I like the type of content called "Idi Greenberg". He is the head of marketing for art NFTs in Samsung.
He did a he bought with a partner PFP project called CC0 called X tools. The main stuff is that is a CC0 project
project that is a merge between X copy, art and cryptode art. And he acquired this project and the main
One thing that I want to discuss with you guys is the thread about how he acquired the project and he compares something like how you galabs acquired crypto banks and Mibites.
He always have this, this don't inspect a roadmap or don't inspect a playbook that Yuga Labs did for this project especially. This is for PF being
the aesthetics of X-copy and cryptos. This is for PFB people. Like keep it simple. We will keep it simple. This is kind of a movement that interests me a lot because it is a requirement of a project
Do you can someone own a project that is CC0 can one be the owner of something that have other people have their assets as products and at the same time can a project be sustained only on pfp collect?
only being simply a PFP collection, PFP as a product and how do you think this can work? I mean this can be seen as a narrative for, I would say,
Not a RIG pool, but a Monday grab. Some can look at some projects like that and not see the value that Irene Dreamberg is seeing. But seeing like a simple Monday grab as we discussed some some spaces ago.
But at the same time, the arguments of Arringgimberg about why they did what they did, why they acquired extorts and what things they want to do is to preserve it, so to create this preserve
of the PFP collection culture and PFP as a product. How do you guys see that? Do you guys see that as a good move or bad move or do you guys want to live your takes here?
Yeah, so like I don't know this is kind of tough like as we were discussing the last town hall that we hosted on our discord like for once from one side of you I think like we should not expect That much like I
A lot of people expect their NFTs to create a lot of things like develop like games, develop the event and a lot of other things. But in the end of the day we should be okay if a collection just wants to be our PSP collection.
and that's it. I think we should be okay with that. Not every single one of the energy collection that we have nowadays should develop to something huge, develop to a brand like. We should be okay with if
free by an NFT just because we love the art and that's it. I don't know, that stuff because we are always changing money in the end of the day. We are always changing the next NFT that we all
basically multiply for 10x or the next token that we will multiply. In the end of the day, we buy crypto because we know that these things will be more value in the future or later, etc. But I don't
I think we should not be doing that for everything that we do on the ecosystem. We should be chasing more than those prices. I know that a lot of times we are chasing more than those prices, but we are still like, why should you invest in Bitcoin?
should you invest in Egypt? I know that we have all this narrative that you don't have to trust the government and I completely agree with that. But in the end of the day, it's numbers. I'm going very, very far here.
So long you didn't read, I don't think that we should be expecting a huge thing on every single thing that we do on pre-tract system. Sometimes we just want to be part of something that we like the art or like the people behind it and that should be okay, at least for my point of view.
No, not actually Well, I agree with Woody totally. Yeah, that's my thing Yeah, I can't agree yet me too because I'm doing
Like for myself, how I evaluate something before I buy it. Most of the times I feel that I want to buy and then I try to rationalize
I often take one or two weeks if it's a big thing that I want to buy an FT or not. I try to rationalize if I need, if I have other options, if it's the best moment, stuff like that.
This comes all after. The first thing is something in my emotional and subconscious level. Just starts, just sparks.
stuff something happen and I feel that something that I like or that I enjoy or that I enjoy the people that are part of something I like to enjoy some people that I like the way they think and they
have the same characteristics or use the same stuff and I feel attracted to it and then I try to rationalize it. I think this is most of our behavior in economy overall but this applies to NFTs
We have been putting a burden on PFB collections to try stuff they didn't want to try. They just wanted to create a fun, simple way of doing PFB stuff.
to identify with one and another, people that like the same niche. And we try to create this, I don't know, this kind of obligation to them to do stuff, you know, text, hard core stuff.
And most of these teams don't have the capability to do stuff like that, to do complex things. And when they do it because of the obligation that the community or the ecosystem puts on them, they fail most of the times. And because of their failings,
I think that this can bring the ecosystem more security than our good things most other times. So yeah, I really believe that we need to separate stuff. We have an FT project that
really promised a lot of things and they wanted they need to deliver and the other side that doesn't is just there because it's fun and because people like that niche and it's fun with and we don't
Just don't obligate to do what they don't want to do because if you if sometimes they do this for obligation to make things right with with the community and not suffer any any further.
most of the time they will fail. Goodie, or do you have anything to add on that? I have another news that I don't remember that. Definitely should talk because if it involves the more
recent drama on Dr. Marcus. So if you want to finish your point with wish we can bring this other news but I will end on safe if she wants to let something. For me you can go ahead
Okay, go ahead. I think it was Friday or Thursday I don't remember but like Basically SEC is going to charge Gemini and Genesis there they're actually there Gemini on program. So that only for guys
I saw it for the men, the men garrigantly basically tweeted last week that they basically considered, I don't know, I didn't get to deep into that but they basically, they are basically considered Gemini, unprogrammed and security.
I don't know how it is going to evolve, but the link of what brothers also that we are tweeting saying that the situation is very bad because their intention is to recover customer's funds and to basically repay them everything that they invested
platform but SEC is going to make that a little more harder. They actually said that they were in touch with SEC for more than a year not only with this other program but about the whole Gemini exchange and they were very surprised about
of this chart is because they are on a tough moment right now and I'm completely aware of them, like they are basically trying to get back basically $1 billion for this art program and SEC doesn't care about that, SEC just want to say that their program, I don't know if it was the program
itself or something inside of it but they basically want just said that all this is a security and if it is a security they have to pay they have to get they're gonna get for it basically so that's what I said I don't see how
that is a huge and definitely going to dive deep into that but I know that that's very tough because the Winkovoss brothers are already like in a tough situation with all these genesis lining problem and now they're going to have
to face SEC and all the charges that they are made in about securities and as we all know like SEC doesn't play with security they are very hard on that but I really hope that they can solve this on a positive matter to Gemini because I think that they
that they are already so very numb. I'm not saying that they are basically innocent of everything, no death or to no, but I do think that right now the top one priority should be like user funds, not defending with SEC if all this shit is
security or not. I don't know if you guys saw that but I actually was very surprised because I did not see that coming especially on this stuff phase that they are there surpassing and I do think I have to to to check this but I do think that they already like stopped
the program on November last year because of all this Genesis trading problem. So I don't know how and why that that allegation from SEC came out just right now but it's actually weird for me. It's very very weird for me
because it's too good to be true. They just now discovered or decided that this is a security. Now that Jim and I, it's not a good financial situation, we've won billion dollars. We are always discussing here that there is a possibility that we have co-orders.
and co-vos broader than south by putting this money to save their centralised exchanges and from Monday to another SEC decided that other things that they are building with this own program are securities. So yeah, I definitely think that this is a new that is worth bringing here.
But I don't know how that is going to unfold. Like, probably that's going to take years, SEC, as we know, it's very harsh, but not that fast. So yeah, let's keep an eye out for the next steps on that and hope for the best for not for Gemini, but for the customers.
Yeah, that's something we need to expect to not have users and customers done right. Yeah, it's a pretty difficult situation when we consider that the last time that
This happened, stuff like that, this topic happened. Things get real fast, in real short of period of time, things, developments happen.
like in in very awake like and people can have a lot of time to to the decisions and most of them are stuck with with their destiny their their money
probably are stuck in there, you don't have the power to do anything. Yeah, that's remember the kind of thought line of thought that we had when
all these targets, mainly with FTAX, that some of these places were considered safe. Germany and I earned, if you look at it, was sold
sold as some safer way to hold crypto and right now is basically the most dangerous that you could ever have in crypto. So it's pretty tough how this
market works because at the end of the day you need to go beyond narratives and really understand then they're lying aspects what what you're doing what kind of risks are you in
exposed because we always have levels of risks and yeah don't don't fall for narrative or comfortable narratives because most of these narratives that we see many
from centralized institutions are showing to be totally fake or not well-based I'd say. I think with this we can end up
space is today. How are you doing guys for today for weeks? For this week? What are your hopes to this week? We can revisit this in the end of Friday to
to revisit this GM and see what are your hopes for this week. What are your hopes in Quiddey? What are your hopes in Danny? I hope to work a lot and to develop a lot for others because like I don't know like a lot of things are happy and I need to say
get any little bit more faster because crypto doesn't stop but yeah so I hope to work a lot and I really hope this Gemini situation gets sold and this genesis trading situation gets some closer and I can't stand no more talking about genesis DCG and very stupid
I think we should press this space and keep on with crypto. Like crypto you're not dying. Anything bad happened. Of course we don't want anything bad to happen but in the end of the day I just want to keep going. Not stopping time and talking about that as we did with FTX for basically six months.
Yeah, and power you then.
Yeah, the same. I always try to work a lot, a lot, a lot. And yeah, I always try to manage things to talk about sleepers.
to talk about NFS of flips. Yeah, that's my main goal this week. We need to talk about sweeps and flips without spoiler.
That was interesting. But thank you guys for being here. Thank you guys for being in our jam Nifty Friday with NosBlue.
I see you tomorrow. Have a good good day guys. Bye bye friends. See you tomorrow.