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Has the tide turned for Litecoin?
Recorded: Aug. 7, 2025 Duration: 2:55:52Space Recording
Short Summary
In a dynamic discussion, crypto enthusiasts explore the rising interest in Litecoin, strategic partnerships like MEI Pharma's, and the implications of new token launches, while emphasizing the importance of adapting to market trends and the evolving landscape of cryptocurrency.
Full Transcription
Music Thank you. so I'm not sure what I'm doing. Let us see, we say the weak I feel the style to act at the time
So there's another target, strike a fear in your full heart
Take it through the tower with lazing clouds, fade the fool in lazy crotch
My eyes start to spin, since they're stopped by the origin of sin
You found gasoline, sing and dance with me, my new family The following image, they're like the end original Is someone down a federal oversight?
Blaze, throw on! Blaze, throw on!
Blaze, throw on, Blaze! All right, all right.
Back to the old style here.
Your first name.
You really, I don't know.
I know it's your first name is your first name.
And you're kind of ironic that they said type in your first name so
you type in your first name but it's really hard to have a conversation with somebody
who labels themselves your first name anyway uh oh he's gonna pop up well this week i mean we
actually recorded it i'm on the old doing the old style just spaces. And hopefully we get some people wrangled
in here. I'll just call you sad frogs. How about that? But most people call me name,
name. Okay. Could be like, yo, you're, yo, you are first name, right? Yo, you are.
Yeah. Last name, first name. So, you know, I'm kind of
feeling like, you know, it's funny. I was thinking about this week because I've been so
just not engaged in Twitter at all. And I'm like
thinking like about, you know, the spaces was how this all started you know just making sure
we had that regular litecoin space every wednesday and um yeah i think for a while it's got it went
so long i was doing it for so long i was like i think i lost track of what the heck the reason
people came in here just to talk about litecoin because in your personal life nobody cares and i think uh
i just got burned down and talking about litecoin so long i know i know and towards the end of it
you really were like crying for help like not crying for help but like hey someone take take
over my shoes right because you you were the only person doing it for a little bit and i know you
had why light coin doing a different style space and you got kyle doing the podcast but you
definitely brought and still bring that to table yeah no i actually started listening to kyle today
on the set for privacy thing and i was like you know he's really I mean he's he puts together a professional thing
you know yeah he's dialed in he's dialed in I uh had the pleasure of being on this show
um a couple days ago wow it really was just a couple days ago and he caught me off guard he's
like can you do this tomorrow and I was like um I can wait no I can't I got family I can do it
tonight and you know by then i'm already well uh
well medicated at that point so i you know i just did it went with it and uh you know i think it
came out fine and especially with the editing you know he actually made me seem like a a person with
a full thought oh no come on now that's how it felt anyways joking about, you know, going back and listening to yourself.
You always got to bust your own balls.
Oh, you know, I always go back and I always agree 100% with everything I said.
I was like, yeah, this guy knows what he's talking about.
I like this guy.
Yeah, I like this guy's got a head on his shoulders.
No, I, yeah, I did this a long time ago.
And he got me ranting about something.
I don't remember what it was, but it was probably something like Bitcoin maximalism or something like that.
And just how ridiculous it is.
And it's actually been interesting to watch it kind of reemerging.
You know what I mean?
Like all the tropes are coming back.
It's like, it feels very programmedging you know i mean like all the tropes are coming back it's like it feels very programmed you know
you know i'm saying it feels like they um i don't know the timing like yeah the market starts
turning around and they're synchronizing the I don't know
the buying or the leverage
with the messaging
because it doesn't change at all it's crazy
like it doesn't matter
what's
transpired
the message stays the same you know
yeah
this song remains the same
what's up you sexy bastards
not much I'm losing feeling in my legs just because of the angle of my freaking chair yeah the song remains the same you know what's up you sexy bastards this thing
not much I'm losing feeling in my legs just because the angle my freaking chair
oh you can't be on the toilet for more than like 20 minutes you know that no
no that's how this chair was like I'm set up in my in my quote-unquote lab
which is just like a downstairs Italian kitchen counter and uh with a test chair sitting in front of my freaking laptop but away yeah i
digress how are you good good yeah i saw you were on uh the 84 million pod bro i haven't i haven't
had a chance to listen to it yet there's been a couple of good ones and like fuck i just i'm
reading a book and i have to finish it before I can do anything else.
But it's on my
playlist.
Yeah, it was a lot of fun on that podcast.
It was great.
Yeah, I saw that you doxxed yourself.
How?
Well, because
in the title of the podcast, you put your real name
in there. Oh, yeah, yeah, yeah.
Yeah, people know me. It's Rob.
Rob the electrician. I mean, Rick and the podcast you put your real name in there oh yeah yeah yeah people know me it's rob rob the
electrician i mean rick in uh underground's done it to me way too many times sorry it's fine
i've done it a couple times and i felt really bad about it too yeah it's all good it's all good you
know if i ever get wrench attacked just remember you played it you played played uh played a role in it
i will i will have a hard time sleeping at night
what'd you say he'll be the one doing it like i know that yeah right no no there ain't it i i mean at this point at this moment in time There ain't shit to run to tech bro
I know right that's what I'm talking about
We are
We are working
We are door dashing
We are paying bills
Yeah right dude
Isn't it crazy how fucking
I mean I know people complain about it all the time
And it's like a broker
It's just like every
other day you have something you're just like what the fuck how is this so expensive you know like i
i've had this going just getting like family we're gonna get mcdonald's on the we're on a road trip
or something and it's my two kids my wife and i and her mom are riding along we get mcdonald's
and we're not like we're even doing like oh well i don't really care for fries i'll get the meal you get my fries
you know that kind of shit and uh like 48 i'm like what the fuck dude how is it almost 10
a person and we're trying to be cheap you know what i'm saying yeah it makes no sense yeah
even up here in canada bro you guys should come to canada
for vacation you might get we had some people coming from new york they're like yo it's so
cheap here you know the kid is like let's go to the let's go to the old port which is like the
the you know the fancy part of town we're going to a super fancy restaurant they're like yo it's
so cheap i'm like yo i just spent 140 on dinner i'm like what the fuck and they're like it's so cheap i'm like yo i just spent 140 on dinner i'm like what the fuck and you're like it's so cheap i'm like from manhattan that's so that's a different world dude yeah i guess yeah
yeah new york city that's totally different well what's 140 canadian minimum wage there's like 30
bucks i don't actually know but it's it's it's it's different than the rest of it's funny when
you get on especially on twitter
and you get you know there's a lot of people in like you know new york san francisco la type of
shit and they're just so clueless about like how the other half of the world lives you know like
middle america where there's like yeah and you're basically the midwest up there rob it's like
you know people making 20 22 bucks an hour not a bad
i mean not a great living but like you can make ends meet where but new york there they'd be like
20 bucks an hour you fucking out like they think it's slave weighted like are you buying groceries
like that's good no 140 canadian is is a hundred dollars us yeah for how many people for yourself No, 140 Canadian is $100 US.
For how many people?
For yourself to eat as an individual?
For yourself, yeah.
That's what I...
Yeah.
Holy shit, man.
What's a nice restaurant, though?
It was nice.
It was like a Syrian restaurant.
It was pretty nice.
Who do you have?
Steak and... I had a rack of lamb, bro. Fucking so good. The rest of the people... uh like a syrian restaurant like it was pretty nice what do you have like steak and you know i
had a rack of lamb bro fucking so good the rest of the people dude they paid like they paid 40
bucks canadian for like some shish bro and it was such dry chicken i felt so bad like three of them
got it you know and i was like i was like let me try something i was like oh it's terrible and they're
like can we try your lamb i'm like okay and get a piece like damn the lamb was so good yeah i split breakfast the other day um in half
and the breakfast fed five people and my half was 75 bucks it's like wow okay five people yeah this
is 150 yeah that doesn't that doesn't shock me five people 135 bucks and then
tip yeah yeah i took my daughter that was at a restaurant yeah so so actually yeah and then i
paid you know 10 bucks tip so i really paid i would pay you know 85 bucks for for half of five
people's breakfast right and it was a good breakfast great breakfast right but it was a
diner and you know
You know you get your get your coffee and if you want the good coffee you pay extra if you want the you get your syrup But if you want the good syrup you pay extra
Good chocolate chips you pay extra if you want if you want the whipped cream the pot, you know
They get you for their for extra
Sausage links, you know that they just tap, tap, tap, tap, tap.
So it's business.
They get you.
Dude, I got this factor meal shit.
I get factor.
You know this shit?
They prepaid meals they deliver to your house.
Yeah, I know what you're talking about.
There's things like that.
Yeah.
Yeah, so that cost me $150 a week.
So I basically had like a week's worth of factor meals
in one meal and uh i don't know the factor meals are pretty good dude they're way but like how
many meals do you get that's like dinner 10. i get 10. 10 full meals wow yeah and they're good you
like every single one of them some are better than others uh but there. And they're good? You like every single one of them?
Some are better than others,
but there are some that are definitely delicious.
All of them are better than the shishtauk that the people
order at this table.
I'll tell you that much.
So they're all better than you can make?
Yeah.
Yeah, yeah, yeah.
Although I make a pretty good breakfast, but I don't know.
I cook really plainly.
I don't put a lot of seasoning, not too much salt.
I try to keep it healthy, simple, and quick and dirty.
You know what I mean?
So this is why I hold on to Litecoin, right?
Let me bring it back to the topic, right?
It's quick and dirty
we got international currency i've been talking to people you know who've been interested in crypto
and trying to wrap their uh heads around it and uh i've been you know framing it away from the stock
number go up mentality and trying to uh kind of pivot towards the forex international currency you know trade against
currencies um and how this is like the first the first uh time in history you know that a we we
you know since 1972 we have a currency backed by uh you know a tangible value that's energy power not instead of gold and it's international it's the
first time that you know everybody around the world has pretty much you know with some caveats
equal opportunity to get this thing yeah and it really does fit the block of of forex a foreign
exchange current I think just as a protection you know even if you said
to people look you know there's a lot of uh wait places to put your money and protect yourself
against maybe the inevitable inevitable hyperinflation or inflation you're going to see
every day and um yeah maybe it's more like what am to try to say here like yeah it's like right you can say
you know maybe yeah like just traditionally people people would like invest in real estate
right they'd buy a house and stuff a lot of cities these days that's like people are getting priced
out of the market.
It's kind of unethical. I was saying this before in another spaces,
but it's kind of unethical to be speculating
on fucking housing. If you've got
one house, that's enough. I think
there should be a fucking rule, and you might disagree,
but in a family,
say you have two or three
kids, you can buy a house for each of your kids,
but not more than that. Beyond beyond that like i think it's just it it's just greed and it during a housing
crisis it's extremely unethical um i mean sure people you know there are people out there that
might lose their jobs like you know the people out there that have like probably the worst
personalities imaginable,
all these real estate brokers,
they might be out of work for a bit.
It's tragic.
I'm crying on the inside.
But at the same time, fuck, man.
We have other tools to invest in.
We can invest in Bitcoin, Litecoin, whatever, in Ethereum.
It's a digital property yeah traditionally people would just buy houses right they just keep buying houses if dad like if they had an extra
million bucks like fuck this buy a house cash boom you know like okay that's
great yeah I guess now we're at a point what other assets are there in that price bracket right for people to actually play
games with that money right people just want something to do with it or people just want to
like like hedge against inflation no right so housing is a good it's a good hedge
gold's a good hedge but that's it's hard to carry around
a house is pretty sweet like a house no one can really steal your house from you right they can
maybe burn it down or something but when someone comes to rob you they're not going to rob your
house right right well and i think more than anything, it's accessible and affordable for most people. It doesn't require, you're not signing any contracts to buy Litecoin, right?
You just log on to an app.
Okay, you got to give your information away, just like signing to a bank account.
But you're free to buy and sell as you choose.
There's no friction to it.
And you don't, I mean, caveat to that that you download core and do work and receive light coin
and stay in that circle circular right yeah that's down the line but i think if you're just talking
to normie because i'm just thinking like oh the simplicity of it to open people up to it i think
is one of the probably one of the reasons it does fluctuate so much is that there's always
you know you're talking about emotions get involved with lots of people and they panic and fucking hey that's normal human behavior they think oh i fucked up
i'm an idiot and it just takes time for people to start feeling comfortable i mean shit like
coin of all coins you just feel like you get re i don't know re-hyped about it from time to time
but you know there's definitely moments we've all had where it's
like jesus christ what am i doing to myself you know the last couple years have been rough yeah
yeah yeah yeah i should have stayed in bitcoin could have should have would have
had a little turnaround i was actually talking about that today when i was like thinking about
where i'm at in life and the person I am.
And the routes that I could have taken.
I could have had Bitcoin in 2014 when I was 14.
And I probably would have done the exact same thing.
I probably would have went up to $1,000 from thousand dollars from 300 or or 10,000, whatever.
Some lower number than now.
And I would have taken my profit and still been kicking myself in the head.
Right. So it might as well take the bandaid off right at the beginning, as well as pay for an education, learn a skill set, actually be a normal functioning human like the rest of society and actually earn the keep.
You know, so there's a lot of ways to look at shit yeah and i mean still like dude like litecoin
litecoin is everything i wish bitcoin was yeah you know what i mean and i still feel this way
i felt that way back then uh and i don't think it's going to change in fact i feel like more
people are going to start to see things my way so yeah that's a good way to put that too it's like it's it's either stubbornness
or conviction and we'll find out which one well my buddy my buddy called me this week he goes
he's like hey and i was thinking like when this thing gets to like like he's always like what are
your plans and he goes i think it's going to get up you know when it gets like 7 800700, he goes, my problem is I don't know that I'm going to want to sell.
Because I won't be able to convince myself.
I'll think, well, what else am I going to do with this money?
You know what I mean?
So I think if you have that long time frame of riding this wave,
I mean, we've been riding the trough, but, you know, good time to come.
Because it is. Yeah, I mean't you don't sell all of it right
no i you sell a bit you buy yourself a new car maybe or like a new computer depending on how
much you got there's lots of breakfast with uh your first name yeah yeah take you guys out for
breakfast you know hell yeah i mean you don't have to go crazy yeah because ideally you guys out for breakfast, you know? Hell yeah, dude. I mean, you don't have to go crazy.
Yeah, because ideally, you don't want to, like, okay, look, I'm going to say a dirty word now, but this is my think of mind.
You don't want a huge tax obligation at the end of the year either, right?
Oh, yeah, sure.
Oh, yeah.
Oh, no, listen, when the time comes, I'll pay.
I always talk about taxes in this form of, like, buying, you know,
oh, I bought a $50 gift card.
People are like, well, I got to report the taxes.
I'm like, that's where I'm going.
I don't know.
Who's really checking that shit?
Nobody.
Yeah, no one.
And you haven't made any money on Litecoin anyway, so fill out.
Yeah, you're welcome to check it all the past years
and give me all the money you owe me
no yeah dude when i got my stem cells i sold my light coin at a loss so like i harvested some
i got money back at the end of the year it's pretty sweet yeah i've heard people do it like
literally you know using the cyclical nature of to just harvest taxes like that's where the profit
comes from with this stuff it's like oh that's interesting so it's like you know it's like a loss
you buy it or you sell it and then you buy it right back the same price well so there's there's
uh i use coin tracker right coin tracker IO. Have you heard of it?
Yeah. Yeah.
Yeah.
So I just, I plug all my wallets into that shit.
And there's a, when you pay for like the premium membership, which you have to, if you have
a certain amount of trades, you can do something called tax loss, loss harvesting analysis,
basically where you're like, and if, if you get to the end of the year, it'd be like,
okay, what happens if I sell like, you know, this much Litecoin? What happens if I sell this much Dogecoin,
you know, or this much Bitcoin? Like how much, what's my tax obligation? And so it's a good idea,
just like, you know, in December with like a week left to the end of the year, just do that,
you know, and make a quick trade. If you're, if you can harvest some losses.
There's no reason not to.
Just take advantage of it because it's, yeah,
there's a limit to how much you can harvest, I think.
That might be a new limit that they impose on people here in Canada.
But, yeah, I mean, I did that last year.
Worked out pretty well,
but then it resets your, what is it?
Your bias, right?
So yeah.
I mean, look, if you still do it,
it could always go lower, right?
You can do that a couple times
a cycle, I feel.
Yeah, I mean, what do you know?
Nobody knows.
I think if you had...
The era where I think
people were probably crushing it
was like...
You could play
with a tax-free IRAa thing like a roth ira or just a regular ira account
buy buy in one and sell in the real world and then vice versa the other way and i'm sure there's ways
to play it but who knows who has the time for that shit you know yeah there's a limit to how
many trades you can do before.
Because we have something similar in Canada with the tax-free savings account.
I think you can do like, it's probably like 500 trades a year without it counting as like a business type of thing.
In which case, your trades are taxed again.
like it's not meant to be like a trading account right right now i've never been
Like it's not meant to be like a trading account, right?
Right.
you know pinched that way but i've heard of people through my accountant who have
who are using like their robin hood account like we don't have robin in canada we've got wealth
simple but people are using their wealth simple account to day trade basically in their tfsa and
they had to pay a ton of taxes that they weren't expecting to pay um yeah if you make a ton of taxes that they weren't expecting to pay.
Yeah.
If you make a bunch of gains,
definitely like the TFSA or the Roth IRA.
Don't go to jail.
I'll say it.
Don't put yourself in a position to go to jail.
You might get a fine.
You might go a little bit.
Whatever.
It was actually my syntax.
It was weird.
Bro, your mic is wrecked, by the way.
Oh, it is?
I don't know if it's just me.
No, you know, I'm outside and I turned it off.
I turned it off.
I put that noise canceling on or voice isolation.
Are the crickets too loud right now?
Or are you good?
I can't even hear the crickets.
Oh, good.
Well, you know, so my city taxes here are weird, and, like, some employers have not properly paid them.
And so, or I'd work in another city, because, you know, I live in a suburb.
So I'd work in the city, and I'd come back here, and back here and some of them would get paid by the employer for my neighboring city,
even though I didn't live there.
And there was this transfer thing and I had somebody doing my...
So for three years, I didn't pay what I thought I didn't pay the taxes.
They sent me a letter like, hey, you didn't pay your taxes three years ago.
And I'm like, there's no way.
I'm looking back.
I'm trying to find.
I can't find the fucking paperwork.
And they said like last year I didn't.
I'm like, I know for fucking sure I hand delivered that shit.
It's like a piece of paper.
But I'm like, oh, shit, dude.
I started adding up like I'm going to owe like $2,500 fucking dollars, you know.
And I go and I turn all my shit in.
And they just they're like oh you're good
you're caught up and I'm like
alright I guess
even though all the forms I've built
said I owed them money
maybe it'll come in like four months when they dig through it all
in that time
well Litecoin will go to $2,500
I'll be alright I can afford one Litecoin
four months bro four months I told you that a Litecoin will go to $2,500. I'll be all right. I can afford one Litecoin. Four months, bro. Four months.
Four months.
I told you that I got
this letter from the
provincial tax
agency. They're like, hey, we know
you've got some crypto exchange
accounts and you haven't been paying your taxes.
If you don't
report them right now,
you're going to go to jail. It was like, holy shit. I now like you're gonna go to job it was like holy
shit like i looked at this i showed my girlfriend's like what the fuck you pay your tax i'm
like yeah i know i paid a fuck ton of taxes what the fuck are these guys talking about
i fucking called them dude and apparently they must have got some kind of list i don't know if
they found on the dark net or if like coinbase or something gave to them like willingly but they basically just fucking
yeah a ledger like they basically sent an email or a letter rather to everyone that was
that was in any kind of crypto thing like yeah it was fucking funny
i called them up to like oh yeah don't worry about it you're good they looked at my history
like yeah no yeah that's you shouldn't have gotten that.
I'm like, okay. I checked on Reddit
and a bunch of people got it and they're like, this doesn't
make any sense.
So yeah, the government's trying to catch
up, man. They're trying to, and I think they do
have a problem with people not reporting
or just not knowing how
because it is so much more accessible, right? You got
like, you know, millennials
and like Gen Z investing.
Do they teach taxes in school in Canada?
They do not.
Yeah, they don't teach it here either.
So I'm actually confused on how they actually expect that out of you.
Yeah.
Right?
Yeah, they don't.
Like it's all just...
They don't teach you anything, man.
Like you'd think you'd fucking
never gotten an official notice like your taxes are due right you know one's like
there's nothing official that says that except if you look into it like nothing comes to your door
nothing you know i think that's probably why you know i think that is i think the reason is probably
the reason like you know whatever they say, the bottom 50%
of people don't
even pay any taxes at the end of the day.
There's probably a certain point at which
they don't even want to bother trying to collect.
They're just like
they take your payroll taxes
they figure if they get that that's probably
as much as they can expect out of you.
And you might be doing them a favor by not
actually filing and getting your returns and shit.
You know what I mean?
You're all your credits.
Right.
Right.
Did I tell you guys,
I spoke to someone at the summit this year.
This guy's pretty cool.
He was telling me some shit.
He's like, yeah, I don't pay taxes.
I'm like, really?
I was like, yeah.
I haven't paid taxes in like 15 years or something.
I'm like, holy shit.
He's like, yeah, I declared bankruptcy at some point.
And they want me to sign this thing saying that I pay back my taxes.
I never signed it.
And he just explained to me all these fucking legal loopholes that you guys had over there.
Or like, if you don't sign it, if you don't acknowledge who you are, you don't tell them what your address is,
they can't even fucking find you to send taxes to you the thing is though this
guy is kind of uh i don't know but he doesn't pay taxes he's declared bankruptcy you know he kind of
engineered his life system he's gaming the system yeah engineer like he he lives he has to live a
certain way in order to get away with this, right?
You've got to have crypto in your back pocket.
It's like a dude who doesn't want to pay child support.
He takes a lower-paying job and just fucking lives like a bum.
It's kind of like...
He's just out of spite, living in spite, yeah.
Yeah, yeah, yeah, yeah.
Kind of the vibe I got, you know?
But interesting that it's possible nonetheless.
And he was like, yeah, it's like, so I called the IRS
and I got someone, he sounded really stuck up
and like by the book.
And I was like, okay, hung up the phone, called back.
And he's like, he got this woman who was kind of,
you know, really had like some attitude, you know, she was kind of sassy. And he was like, he got this woman who was kind of, you know, really had like
some attitude, you know, she was kind of sassy. He's like, ah, this is the one. It's like, yeah.
So he tells her, it's like, look, I don't have any money. I'm not paying my taxes. And she's like,
oh, okay. You don't have any income. All right, honey. Well, look, I'll tell you, I'll put you
on this no tax list. Basically because you have no income,'re not gonna call you to collect taxes anymore once he was on that list you no longer have to pay taxes
so yeah pretty pretty fun I don't think I don't know if we have that in Canada I
don't know if I found I couldn't do that i think he just works under the table i don't know i'd have to
ask him i can introduce you to him if you want you can ask if you don't make any money then yeah you
don't have to pay taxes right well that's the thing like the dude has a job i think he works for crypto i'm not sure but i mean he has to live
somehow he came to the summit right like so he's got money somewhere um i don't know because for a
long time and i feel like this should be the way it should be if you're considering this stuff as international currencies right
um for a long because i feel like you're paying taxes in the ecosystem already with your transactions
it just doesn't happen to be the us government and i feel like if we're not operating in the us dollar this is what this is actually what i thought the case was for a long time um like first two
years of my adult life and way all before that i thought that if you didn't operate using the dollar
you didn't have to pay any any taxes um on what you're doing with that because it's not even in
that that realm like and you know forgive me if i'm wrong you know, you might have to pay taxes if you're working with, I don't know, yen.
But it's not to the U.S. government.
Or am I wrong?
If you're living abroad,
I think if you're a U.S. citizen,
you've got to pay taxes anywhere you live.
You've got to declare your income.
Okay.
As long as you're a declare your income. Yeah, okay. I think, yeah, if you're as long as you're a US citizen, you gotta pay. You gotta prove.
Right.
Right.
So, whereas it's not the same as a Canadian.
Like if I were to live in the States, and like if I were to earn money in the States,
if I had a job at Green Card, for example, right,
I wouldn't have to declare that income to the Canadian government.
Whereas if you're an American,
or if you're living in Canada,
if you've got a dual citizenship,
you've got to declare and pay to the IRS a certain amount.
It's not a lot.
Like it's on the amount that's already been taxed.
So, like, in Canada, you get taxed on basically half your income.
So, it's, like, on the half.
And it's, like, it's a lower rate.
But you still have to pay something, which is kind of ridiculous.
I know this because my girlfriend's in this situation.
Is that half your income is taxed?
Something like that.
Yeah, like 48, 49%, depending on which province.
So every dollar that you make, you make 48 cents or 52 cents?
Yeah.
That's crazy.
Yeah, it's disgusting.
That's crazy.
I thought it was bad when I was looking at the quarter.
We pretty much have a quarter of our stake now.
Yeah.
Which I thought was crazy.
Okay.
Can you guys hear me now?
Yep.
Can I hear you, bro?
Yeah, I can hear you guys.
I didn't know that would work.
So if I made you co-host and I was allowed to close the app and come back,
I guess if I have a co-host, you can do that.
How about that?
That's pretty sweet.
Go ahead.
We're still talking about taxes and how much they suck.
Well, no, you said that about that guy living that lifestyle.
And I was like, it's like when you see a guy who's like running some scam or like jumping from shitty job to shitty job.
Like he's getting away with something or maximizing unemployment and working the system.
And you're like, you know, and it just be easier just to get a normal ass job.
Yeah.
Well, I mean, that's the thing.
So he doesn't have kids.
Right.
I think it'd be very complicated if he did.
You've got to make some compromises, some serious compromises in order to do that.
Or if you do, like, I don't know, man.
You've got to funnel everything to your partner or something.
I don't know.
But someone's, I don't know.
We should have him in here if he wants to talk.
He's a character, man. He can wax lyrical and this stuff all day, I don't know. We should have him in here if he wants to talk. He's a character, man.
He can wax lyrical on this stuff all day, I'm sure.
He'll write a book, man.
He knows all the tricks, that's for sure.
He's all about this life.
Like, that's like, you know, he got into it.
He's a libertarian, you know.
And he got into crypto because of that.
So, yeah. Yeah, no, I get it. to it he's a libertarian you know and he got into crypto because of that so yeah yeah no i get i mean
i get it and no doubt i understand the reasoning behind it and i mean if you could make a way like
let's say his wife works or his live-in girlfriend works they're not technically married or something
and he brings in cash so he's technically not earning any money. You know, I get it.
There's probably a lot of people out there, like,
living girlfriends, like someone who, they never technically got married,
but lives with a guy and doesn't have an income.
They don't pay taxes.
They don't bother.
Yeah.
But you're right.
There's not, like, an announcement.
There's not even, like, a little booklet that gets sent out to you that says here's
your tax responsibility here's how taxes
work you know you'd think there'd be a
fucking manual
but it'd be so thick
it'd be like a you know be a joke
like
you know where we used to
stay you have to sit on a phone book to see over
the wheel kind of thing it'd be the tax
book I mean if people found out about this in school Where we used to stay, have to sit on a phone book to see over the wheel kind of thing. It'd be the tax book.
I mean, if people found out about this in school, they'd probably revolt.
They'd give up on it right away.
They would not get real jobs.
They'd try to live like this dude.
Get away with paying as little as possible.
If we learned the tricks early on, it'd be easier.
Especially with crypto.
I feel like crypto
in the next 10 years is just going to
change taxes.
I think it's just
there's not really an option
because people can opt out.
That's the thing.
You can tax
the on and off ramps
all you want
But if these institutions
That are ready to pay people
Have the asset
Then they can skip it
The people who have it can skip it
It's possible
And where it was not possible before
I'm not saying to do it
I'm not condoning this
This is recorded space
They'll have their ways.
Not financial advice to revolt.
If you're not.
No, no revolting.
If you want to.
That's you. That's your priority.
I mean,
I think it's like you can
become unbanked. I think that's
a fun challenge, but yeah.
Is it legal to become unbanked? I think that's a fun challenge. Is it legal
to become unbanked?
I think it is legal.
Although you still have to pay your taxes.
Yeah, you have to
spend cash in the mail.
Your employer has to
file
paperwork on you.
Does the government
take Bitcoin for taxes
they do
some places
yeah
you can pay your taxes
if bitcoin or litecoin
that's funny
I'm sure listen
if you said
I'm not paying my taxes
for a decade
and then they came to you
and you had
litecoin in an account
they're gonna take that shit
and if you didn't
they'd be like turn it over like I don't know didn't, they'd be like, turn it over.
Like, I don't know where it is.
They'd be like, bitch, we're throwing you in jail until you turn over your coins.
You'd be like, okay, I'll get the coins.
I was in a boating accident.
Well, you can take that story with you to jail.
What's going to happen?
I'll go to jail.
They're just going to watch you.
I'm not proven guilty, motherfuckers.
Yeah, they're just going to fucking spy on you
and the second you buy a car or some shit, they'll be like,
what's this? Where'd you get the money?
I remembered it.
I forgot it right after I did it.
It's crazy.
No, it's...
Man, another friend of mine,
their friend, they had the CRA on their ass because, yeah, well, she didn't have any income.
And she had money, but it was like, I don't know who was paying it.
It wasn't her money.
Someone was giving her money.
And the CRA was like, well, how can you be going on all these vacations and shit and doing all this stuff?
And she was like, yeah, look, I don't have an income.
I don't pay taxes, you know.
I'm a hooker.
What do you want from me?
It wasn't that.
No, no, not at all.
But someone was supporting her, you know.
Right.
And this person paid taxes, but they did it in a way so that they couldn't tie it to her for whatever reason.
Yeah, it was
like a huge thing, and the CRA was
following her, and they would call
her and ask her a bunch
of invasive questions. They came over to her house
and visit her a bunch of times, you know?
That's like
actual people being employed to do that shit.
That's crazy.
Yeah, it's disgusting. That's insane when you think
about people
waking up, many people
starting their days and being like,
alright, here's the plan.
We gotta spy on this in person because we don't know
how they're getting money.
Okay, 10-4, sir.
Go, go, go, go, go.
Like, what are you doing?
Yo, what's going on with that fucking no tax on on crypto is actually happening
hey something's going on with your mic rob and the animal get that air conditioner on again
oh yeah okay hold on hold on i sorry. I'll sweat for you guys.
Is this better? Oh, my gosh.
It's like we were all talking
in the wind or something.
Now you hear those crickets, don't you?
Is mayonnaise in the food?
Is this better?
Nope.
Still hear it.
Really?
Is it my computer
I don't know
fuck
I need
no whatever you turned off
turned it off
turned it up
no did you turn it off
yeah I turned it off
it sounded like it got louder again
anyway
what the fuck was I going to say
well anyway
you got to sit somewhere else
you got to get a different microphone
why don't you just use your phone
I'm going to join
through the web browser
I'm using my phone
just because my girlfriend's in the other room
well she's talking as well
one second I'm going to join from the web browser Because my girlfriend's in the other room and she can... Well, she's talking as well. Oh, gotcha.
One second.
I'm going to join from the web browser.
We got Robbie C. in the house.
Has the mystery been...
Wait, hold on.
You got to do the thing.
You got to do the thing.
Which one is it?
It's this one.
Hey, there it is.
It's been a while.
It's been a while.
So, I did miss
Did we ever
Officially reveal
Who the Litecoin account is
It's being multiple people
Are doing it or something
Is that what I heard
Nobody wants to answer me
It's the Toshi
It's the Toshi
I think
Yeah
We're
There's
I think there's a bunch of people That have access to the account Maybe not a bunch But a bunch of people
that have access to the account
maybe not a bunch but a handful of people
you should give it to Scotty Pippen for a day
he apparently talks to Satoshi in his dreams
that'd be a good one to go with
just say it's Satoshi
be like oh
I'm going to finally reveal who I am
and then the next day you just say you're satoshi or whatever like after a month of build-up
satoshi i made some mistakes with bitcoin and i wanted to fix them
i sent this to charlie in the mail because i knew he could execute it
yeah if it was that kind of build-up. But no, it's a funny joke.
Funny joke. Good one.
That'd be a leptown.
I don't know.
They're doing good, though. I gotta say, it's like I...
Hang on a second.
It's weird. Animal's the
co-host, but he's asking to
speak somehow.
Because he just switched in from the web browser.
Dude, pay attention.
I'm going to remove him
and then bring him back.
No, I mean, they're still doing a good job.
Like, I like the...
I like that they mix it up, you know?
They're able to be funny,
but also give out news
and even just engage in weird
ways whenever they see fit so it seems like there's been uh all hands on deck lately it
seems all pistons are go in the background and i respect that that's good it's good i like okay so
i think we talked about this a couple weeks ago. This MEI Pharma play, right?
Oh, yeah.
So they spent the $100 million this week,
which I was actually surprised they went all in.
You know what I mean?
Yeah.
I thought they'd do like a Thaler thing
and go like $10 million every Monday for 10 weeks or something.
I mean, at this price, I think it's a good move.
It's been pretty stable for like the last two years.
Yeah, like six of the last seven years, something like that.
And something like that just doesn't come out of nowhere, right?
It's not like just because it turned the corner for us, the public, we're like, whoa, this has been something that's been in the work right this has been something that many people's hands are in many people's
uh but you know prominent people in the space they gotta be and uh you know and they gotta be
making stuff happen and you can kind of see the cog starting to turn real slow just
it's been you know I would say content content
it's going straight up
so publicly though like of people we know of
that
have been in this space and made
a ton of money doing it
and know when to pick their spots
Charlie Lee is
he's basically
Midas right King Midas, right?
King Midas, everybody just touches Turner Gold.
He bought Bitcoin low, he bought Ethereum super cheap,
creates Litecoin, sells it at the top.
Nah, that guy doesn't know what he's talking about.
He doesn't know what he's doing.
Well, but he's, what I'm saying is that he's in a way,
by proxy, he's buying back in.
Meaning, if he does truly everything he does, touches, turns to gold,
is this an indication that he's basically, again, by proxy.
He's a savvy investor, right?
I feel like it's not investment, right?
I feel like it's structural positioning,
and it's been that
way since its inception and if you can read between the lines i mean it's just easier to
talk about it's easy to use and the infrastructure is it's there um and i think yeah it's
it's gonna be crazy i think, these next couple of years.
With Charlie, I don't know.
I don't know.
I don't think it's an investment.
I feel like this is the next step to a big move.
What I'm saying is when he makes decisions, it tends to be at the right time.
It tends to be at the right time, whether it's whatever his purposes or his reasoning or logic or motives.
It doesn't seem to matter. His timing tends to be right.
Yeah. I mean, the thing that, you know, the thing that everyone misses when they say about Charlie selling is that I think it was two or three days.
I believe it was before it could could have been a couple days after,
but I'm almost positive it was a couple days before
where he said, hey, you know,
things are really hot right now.
You should consider the fact that Litecoin
is likely to go back to $20.
And I remember everyone being like, what the fuck?
It's $380.
What is he talking about? $20. Like it was just,
couldn't even imagine that ever happening. And sure as shit.
When COVID came, we got down to what? 25.
I think we even got down to like 22 or something at one point.
And it's like to think he was saying that not as like, I don't know,
maybe he could, he understands sentiment.
That might be the best way to understand that he'd been in the space long
enough.
You can understand like the energy is just off here and he got out.
Right.
I also think he's got a unique insight.
Having been in so early,
having created light coin,
he has connections or at least I'm sure he hears people talking,
right?
People that,
people that make decisions and with huge bags.
Right.
So he could probably see something coming that,
you know,
he could see a wave coming that we can't,
that we'll never be able to see.
Well,
just,
just yesterday,
or maybe it was even today,
he said he talked to, again, it's just words,
but he said like he had a dozen companies reaching out to him about light
coin treasuries, just like within the last few days. And yeah,
if you're, if you're that guy in that position and you go, Oh wow.
Like people are starting to get interested.
He can time it.
I mean, you know, if he's being selfish, let's say he is.
He can say, you know what, I want to make sure I position myself properly before I start having these conversations.
Even though he has no official, he's just the voice behind it, right? He's not even, he has no decision making on the network or deals that get made or companies that come on board
but he has he has influence even though he doesn't have any real power
right and i think he's also like he's someone that people like in the space. He's well-respected.
So you might get some heads up.
You know someone, I don't know, hypothetically speaking,
someone at a big exchange, maybe back in the day, say like a Tether or something
like a Bitfinex. Maybe he knows about a hack before it gets leaked to the media, hypothetically.
And if he does know about it and says, yeah, Lightcoin could go to $20,
maybe he had some insider knowledge.
Who knows?
I'm not saying he did, obviously but you know i've been in
dude i've been in the space for a while and i've seen some things happen that were like
kind of obvious right given that you know you had some contacts you knew some exchanges were
going to go down like if you know that there's some trouble somewhere you can predict that the
market's going to take a hit
um so if he has a heads up i don't know he was working for coinbase for a while so
yeah he's he's definitely in a unique position um and here's a bunch of stuff or at least did i don't know if he's still into it the way i think most investors you know like i'm sure some people
who are great at investing or something are like, and I'm sure the investment houses even do this type of
stuff. Like there's, you know, could be possible ice storms in Texas and they go invest in the
things that will succeed if that happens or short the things that will collapse if it happens or
whatever. Right. And then position themselves in a way to protect themselves from the downside or short the things that will collapse if it happens or whatever, right?
And then position themselves in a way to protect themselves
from the downside as much as possible.
And, yeah, they know how to read sentiment quickly.
And that's why I get the sense from him.
Like maybe he's, I feel like he's felt like for the last couple years
that when's the dam going to break kind of thing.
You know what I mean?
I hadn't felt that way in where was 22?
With light point specifically,
right?
Yeah.
Like you're seeing the summits grow.
You're seeing engagement grow.
I mean,
the,
all the metrics are positive.
Every year he comes and gives that,
whatever you call it,
the, the speech at the beginning of the gives that whatever you call it the the speech
at the beginning of the summit and he goes just through the basics and it's like you know there's
no denying that it's growing and i think you know bitcoin's just distorted the market so much
into thinking of what's possible um it's become so it's so speculative right that it's just distorted everybody's
viewpoint of where the value is in this you know and having censorship money right like you were
talking about earlier it's a way to avoid inflation and all that but there's a there's a cap to that
that's what scares me so much about bitcoin is that
you know we've had gold forever you get you had private decentralized money for
thousands and thousands of years and the whole world's supply of gold only reached a certain
value right at some point in time it's like okay i can only this only means so much there's only
you end up competing with investments you
know i mean yeah and the distribution of light coin is so much it's so different from bitcoins
right like there's how many bitcoins i think like a quarter of all bitcoin are on these addresses
these dinosaur addresses right something like that with light coin it's not the case you know
you've got whales out there man if you just look at the
the mweb uh balance chart right remember that transaction uh was it in june of 2023 where
someone sent like 300 000 yeah uh light coin to mweb just for the just for the lulls like
yo who is this guy it's that's a whale that's a singular whale probably i doubt it's an exchange
but someone with like to do something which at the time would have been pretty risky like
because emma had just been released right not even a year um and he tests, or they test it, with like a huge bag.
$36 million.
$36 million, boom.
Just like that.
Just like rolls the dice, you know.
Let's try to break it, right?
Like, who the hell was that?
Poof.
Like, what a lunatic.
Well, you gotta figure i mean in the beginning man 50 coins every two and a half minutes people jumped on board they were probably you know early on you
were probably getting i don't know how many coins a day it was what's 50 times 4, 200, and that's a lot, 2 times 6, hang on, 1,200 an hour?
What's 24 times 12, 144, 288, 288,000?
28,800?
A day?
A day.
Wow.
No, that's all the rewards put together. Yeah. So if you were one of 1,000 miners, you were getting 28 coins a day? A day. Wow. And no, that's all the rewards put together.
Yeah.
So if you were one of 1,000 miners, you were getting 28 coins a day.
It's clink, clink, clink, clink, clink.
And they cost nothing at the time, right?
A couple bucks.
I don't know, but you're right.
There's some whales out there on both of them.
And yeah, I just listen to this michael saylor stuff i just cannot believe how insane the logic is i don't understand
the logic of like we've got a company with like the value is based on the bitcoin's value but
they're never going to sell the bitcoin so what as a stockholder, what am I buying?
I don't even get, I can't like just be, I can't turn in a share of the stock and get coins in return.
So it's like, why not just buy the Bitcoin?
It's just way too weird for me.
And I think so much of that money is
not, I don't want to say not real,
but yeah, like you're saying, not distributed among
normal investors.
Yeah, we could probably find out
because there's an exit address, right?
So if we went back to the
Block Explorer and saw where that
MWeb went to...
Oh, well, you'd have to know how could you link those up yeah right probably create
a new address oh you know exchange actually no hold on a second you would be able to because
the whatever hog x whatever when it comes back that block it's not like many people were using it it probably only had one or
two outs yeah the it's such a huge amount like the guy basically docks his position by doing that
you think it's maybe just an exchange or i feel it was either an exchange or someone who
didn't i don't know i don't want to say like
someone who did it like a mistake in doxing their position but like maybe not knowing that you can
actually see all dm web and then follow it out you know like
i don't know there you go go get the um the, um, what's it called? The, uh, breadcrumbs app.
Yeah. Yeah. I'll find it.
So, okay. Real quick. You've been on Kyle's show. Your first name, you've been on Kyle's show. I think Indigo has been on there. And why light coin? Why is Kyle stealing all the people used to come into spaces come on man
yeah well i mean he's very focused on light coin right so that's i know i know i'm just joking
that's his thing and uh he's he does a good job interviewing i like i like his style i feel like
he's picking up the pace like he's doing a lot more episodes. I think there's just a lot more going on recently with Litecoin, too.
I think there's a lot of people that want an outlet,
a lot of people that want to speak about Litecoin these days.
Obviously, we have the Canary Capital guy, Luxfolio guys.
I don't know if you had anyone from MyPharma yet,
but there's a couple of people on the show i have to watch i have to watch rob
your first names episode sorry oh josh brace yourself man
it was a lot of fun but i i i could not make a cohesive sentence right sentence, right? Why not? Were you nervous?
Were you nervous?
No, I just treated it like how I just talk, right?
In these spaces and stuff.
And so I'm like, you know, at first
I was a little nervous, and then I got
like almost too comfortable.
Or I'm just like,
just waving my hands,
not even looking at it. I don't know.
I guess, maybe I'm being too hard on myself,
but I did have a lot of fun.
He had Seth for privacy on lastly.
That's pretty cool.
Yeah, I still have to watch that one.
I was meaning to watch it at work,
but work has just been stressing me out.
Along with
John Kim and Johnny Lightcoin.
Yeah, he's been doing the rounds, man.
I know.
I didn't make enough effort to talk to all the
Lightcoiners back in the day.
I talked to, I don't know, I guess I
in a roundabout way did something
with all of them, but
Lightcoin Lisa does her thing out
are they still doing that like on fridays her and clint i haven't seen them as much i don't know
i don't know they've got good production they uh oh that's an idea robbie maybe you should do like
maybe you've already done this do a litecoin spaces and just go around and and anybody who's
been making litecoin related content just let them kind of introduce the show where they where
they post you know yeah like just to get people so if someone's new to litecoin they might find
a voice they they like and say oh you know i'm gonna start listening to them you know and you'd
get somebody like miss teen to be happy to do it.
And I don't know who are some other big players.
Yeah.
Yeah.
People who maybe aren't super all in light coin,
but at least are crypto people we know and respect to a degree.
I don't know about Wendy.
but,
maybe that'd be something good to do.
So take that back to the team, Robbie,
and see what you can do.
He's got his spaces, actually, with NIM, the VPN application.
Yeah, I think it's early in the morning for us.
It's 4 a.m., so I'll be asleep.
Oh, yeah.
So you went to the end of the last yeah. Should I call off of work?
Should I quit my job?
Animal, I saw you did a spaces
from this account, right?
I did, yeah.
What was that all about?
I was out of town for...
Wait, you did a space with that?
Yeah, with the
Lightcoin account. There's a bunch of people from
litvm um brock and aztec and the dash account was there and davis schwartz as well
cool basically yeah just talking about the future of light coin you know
oh yes i did see that i did did see that. That was cool.
That was a nice space.
How did it,
did you learn anything about LitVM?
Did I learn anything new about LitVM?
I don't think so.
What is LitVM again?
It's a secondary layer on top of litecoin that's supposed to enable smart contracts
uh on top of litecoin while also plugging into something called the ag layer which is another
layer two uh type of what's ecosystem that ties into ethereum and bitcoin os and yeah so they want to and
from what i understand they want to take all this aglier stuff and all this all these smart
contracts and whatnot and turn them into like a zero knowledge proof that they can then
write to the lightcoin blockchain um
and have it stored there okay i think yeah i remember you telling me that was running yeah
and if i understand correctly again like this is all theoretical they haven't they don't have
it shipped yet or anything but um from what i understand they're going to have some kind of a like a wallet or a plugin perhaps
like a browser plugin which you'll create um a litecoin wallet with and be able to tie into the
i guess the ag layer um and then interact with all these smart contracts um okay yeah
so i i promise i'll bring it back to crypto but i was thinking like
i was actually looking back at stocks and like i was wondering how much tesla has grown in the
last whatever 10 15 years and like from 2012 it's up like 1500x you know i was like holy shit i was
like that's all you know how do you how do
you identify what the next major company is like what's the next thing that's going to come along
and make a freaking fortune and so obviously ai is popular right now i started thinking about like
what is the key to ai like how do you figure out who has the right vision for it and who can monetize it and these types of things.
Right.
And, um, what I always come back to is I think about like the common, your common user,
the 90, the, not the techies, uh, just people who want to use it every day in their life
and what will they be willing to pay for it?
And probably the biggest thing is going to be ease of use, just simplicity, like that you can engage with way when you were just talking about all these things
called Litecoin and some of these convoluted things
and the ETH ecosystem and stuff,
simplicity of use is the most important part of crypto.
That's probably one of the things that
as they add these app layers and second layers and ag layers,
if it's not easy, it's not going to matter.
You know what
i mean it's got to be stuff that your normal everyday person can engage with yeah and i i
mean we're definitely at a point but we're definitely at a point where like it's kind of
like back in the old days with the with the whole railroad boom, right? Where, you know, there was a
huge economic and huge economic investments happening when they were building the railroads,
I think something like 6% of the GDP of the states was going into building these railroads.
It's not that high for AI,
but there's definitely the same kind of like this gold rush mentality going on.
But, you know, back in the day, like all these railroad companies
are all out of business, but the infrastructure they laid is still there.
The railroads are still there.
And I mean, the economy has never been the same since, right?
Like think of all the things that
the you know that infrastructure has enabled i feel like we're kind of at the same stage right
like you know like the same thing with the dot-com boom like we had all these companies building up
the internet right all these companies laying fiber right like the nortels and stuff so many of them went out of business but the fiber is still in the ground right um right so and the internet hasn't like you know the
internet hasn't changed that much like we're still using tcpip um there's been like advancements for
sure and encryption and all this other stuff and like video streaming and whatnot but we're still
running on the same fiber so i
feel like ai is kind of the same thing like they're building these data centers but like
and there's another thing that's kind of that racks my brain a bit data centers um become
obsolete right you can build this you know billion dollar data center but in two or three years it's
can build this you know billion dollar data center but in two or three years it's kind of worthless
right like you need to build another one so all the hardware gets outdated right all the hardware
gets outdated now maybe there's going to be some efficiencies that enable data centers to you know
have a longer lifespan before they need to be upgraded but again i feel like it's a little different from the internet and from um the railroad companies
but similar in a sense because yeah like as ai gets fleshed out as these llms become more efficient
um maybe they won't need like the latest and greatest gpus to run them right
uh maybe they'll be more i don't know there'll be more local llms
running right maybe we'll have little units that are able to to use these giant models right
efficiently makes sense i mean i know they're building actually meta's building one like
uh maybe 10 miles from my house oh yeah cornfield they bought i don't remember how many acres uh god maybe let me
look it up because it's uh way more than i would have expected dude meta's going around offering
people a billion dollars to join their their company you hear this what yeah something like
they're offering like these massive signing bonuses right to these ai engineers basically
these massive signing bonuses, right?
To these AI engineers.
Basically trying to get,
they're offering people a million,
a billion dollars, sorry.
And people are rejecting it.
Like they're just,
they don't like Zuck, I guess.
Yeah, let me see if we can find the article.
So yeah, they're spending
$800 million
to build a
AI data center.
And how many people,
or how should I say how many acres
it's supposed to take up?
But it's only going to employ
like a couple thousand people, I think.
Maybe not even.
100 operational jobs, yeah.
Okay. $800 million. Yeah, that's's a lot it's a little bit of money
uh yeah but I don't know what it's gonna be of your point I wonder if they're
doing that a lot yeah no I mean so we have like this ag layer in the layer twos and stuff and
people are building on it and who knows maybe you know is it is it going to be a theorem i don't
know man like we're building we're building the infrastructure i feel like light coin might be
like the railroads or the fiber like a subway as in underground right or like a subway yeah
so the trains might change but like it's litecoin or bitcoin right and
they made a litecoin stable coin on coinbase i thought that was surprising as much as i'm uh
surprising as much as I'm a,
I mean,
I don't know what they're using it for,
but it just tells me that there's,
it's always included.
You know what I mean?
It's always there.
Watching,
waiting.
On CNBC,
even though it's 20th in the rankings,
doesn't make any sense.
Right? 20th in the rankings. Doesn't make any sense.
Right?
It really doesn't make sense when you think about it.
Why is that?
I'm pretty sure that's how we all feel.
And we're all just like trying not to think we're crazy.
But we're just like, I don't know, man. This is just gut feeling.
That's why I'm into this stuff.
Just a lot of gut feeling.
A lot of gut feeling.
You think I'm into finances?
Well, I do think it's a logical play.
What?
It's such a logical play when you think about it.
Even like these corporate treasury companies.
I mean, that company just bought one 84th of the supply.
Like, think about that. million likely wow yeah that's the equivalent of buying 250 000 bitcoin
that's nuts so think about that dude as far as a percentage of the available coins
and they're talking about buying it again and so is somebody else going to see that
and go wait a second just like with the bitcoin the brush is on right it's like two percent right
of the total supply uh or like one point one and a quarter maybe one and a quarter
i don't have to look at it you figure it out ask the Pope he knows everything yeah this this this one woman dude she didn't like she was
offered a billion dollars by Mike's by Mark Zuckerberg now she was I'm calling bullshit
I'm calling bullshit it's true bro there's multiple there's been multiple offers made
that's not like an NDA they're allowed to reveal that information she is she was the ex-ceo uh or
cto of open ai okay mira marati um and she disclosed it and in her disclosure like she
made headlines um a billion dollars. Imagine being like...
I'm going to make you a billionaire.
Rewind that. What was it for?
Mark Zuckerberg
offered the former
CTO of OpenAI,
Mira Murati, $1 billion
as a signing bonus to join
Meta and to help
build up Lama, I guess,
or their metas ai
nuts right did they take it no what that's a crazy no way there's no way dude i'm sorry
what so there's no that means that means there's quite literally bigger things at play than right
the u.s dollar there's quite she's got better offers or she's
got like something else it's not even dollars at this point it's probably like a safe spot on mars
okay what when i asked about something about what ai is right ai is just really fast computing
right not really it's with years and years and years of conglomerated training data.
Oh, it learned. Okay. It's learned everything exponentially. It's like the sum of all of
human knowledge. How long does it take to spin one up? You know? So it's the language
model that you then. So it understands the versions you can run on your own computer and then you you install it
with its own framework and then it can learn from you but then there's also you know the versions
that these people are working with that it's like all right it's just got all everything and you
know i'm a big believer of you know what we have access to has already been available to you know
right but at the end of the day what i'm saying is that it's just a really,
really powerful computer.
It knows how to, I mean, you say,
it understands language and knows how to retrieve information really quickly
and present it in a way that it, you know,
it can adjust how it even communicates with you based on
its learning right right so it's not self-aware or anything like that no no one's saying that
so it doesn't have a soul yet so when but when did we take this leap to calling it ai it was i remember like what this is like a like a unity-esque type feature in our
in our you guys seen rick and morty yeah right like that it it it's something that we can all
be like okay yeah this is the all-knowing entity like and like we all have an oracle now right
well no but like i remember maybe gosh probably a decade
ago i was golfing with somebody and he goes oh yeah i got he had this new driver and he was like
yeah i guess they got like ai got involved in designing this thing and it was like nasa
engineers and shit and i'm like now i'm thinking okay this is bullshit it's a sales pitch and then
it was the nicest driver ever hit in my life i was like oh man this thing is sweet but at that point in time was that truly ai again it was
just fast i think so so i guess i guess i'm going to question more ai has to do with training data
so if something was ran artificially so you can you can make not you can speed up quote-unquote time in a computer right so you can
have have a simulation ran a million times right and you can find it can yeah and it can find all
of the you know positives negatives uh of whatever yeah and then it can also take training data
from all itself and other professionals and other humans, right?
And then learn off of that.
That whole trio is AI, right?
It's not just a computer.
It's not just training data.
It's not just.
But does it have its own reasoning?
That depends on the models, right?
The models dictate how it traverses this data set
oh so what they're what they're competing for is someone who knows how basically who knows how to
write the prompt who knows how to design the ai in a way to tailor it to whatever meta's trying
to do right like yeah i couldn't tell you what to find to do
to find the most effective way to use this tech and monetize it because again it is it is going
to be like that thing where i feel like you're you're going to have very few choices like you'll
have some you'll have some choice maybe on the stock kind of like apple versus android right
you'll end up with a few options but
ultimately the majority of people will choose to engage with whatever makes them comfortable
and yeah it could just be stylistically some are different right i mean at some point it'll it'll
no longer require us to prompt it specifically it'll be able to assess the situation it'll be
aware of more more context it'll have more context
maybe using external sensors
like microphones and cameras
and it'll be able to truly assist us
without us even knowing we need help
you mean like
in May
2nd it'll go
hey, go buy the
weed whacker cord
for your weeded Whacker
because last year you forgot and it broke on you
and it pissed you off.
No, it'll be like this, okay?
It'll be like this.
It'll be like you'll be sleeping one night.
You'll have this crazy dream,
and it'll be like for your father's birthday, right?
And you wake up and it's like,
wow, I just had this fucking awesome dream.
It was my dad's birthday.
And I'm like, oh, shit, I got to call my call my dad it's his birthday today and you call your dad oh plant we're implanting dreams now i don't got time i like the idea i really like the simple
idea where you got you got c3po and r2d2 and they're just always there right and they're
always know what's going on
and and contextually you could just be like yo c-3po run this and they know exactly what's going on
for that moment do you think c-3po was like a was like meant to be a character that was like the
child like the child that goes unharmed in the situation and just, it's almost like the embodiment of you on the screen.
What?
Or like R2-D2?
Yeah.
Like you just said,
he's there.
He's like almost like a in-person narrator.
He's living the experience,
but he doesn't feel any of the pain or anything.
Well,
the funny thing about these droids.
Okay.
So these droids,
dude, apparently they're they're meant to be reformatted after like a decade or something because there's some kind of defragment or
fragmentation that happens with their memory cores that makes them have like that makes
it's essentially their personalities but some of them develop like homicidal
slash psychopathic personalities
right
they might be more inclined to
commit murder you know like if it's
convenient for their owner
what's so funny about that Ammo why are you laughing
dude well because R2D2
is like one of these R2D2 is one of
these droids who hasn't been formatted
throughout the length of the fucking series and that's why it's got this personality right like that these, R2-D2 is one of these droids who hasn't been formatted throughout the length of the fucking series.
And that's why it's got this personality, right?
Like, that's why R2-D2 is kind of special.
It's imbued with all the adventures it's had.
Yeah.
Whereas most droids don't have that.
Is that true?
Is that part of the, you have to like read the books to know that or something?
Yeah, that's part of the Star Wars lore.
And that's those bounty hunter droids from uh yeah dude with mandalorian
they're i i think that that one was a rogue droid right uh you're talking about from uh
oh my god are we really having a star wars conversation about the books
no this is all mandalorian the show oh i didn't see that
but yeah sorry go ahead there's like a low bounty hunter droid
that i can't recall i might be talking about my um and yeah it's a rogue bounty hunter yeah
exact like a remnant from the clone wars he was an assassin droid right um yeah there's also one in uh have you seen and or
um and or no is that how do you get younger than star wars more than i am
i thought that was my like my friends growing up because star wars is the closest thing to
modern religion and spirituality that we have a we have what about lord of the rings
or harry potter the rings is no that's no harry potter now it's the lord of the rings is a great
story right but star wars is possible uh if you start well you know we have infinite universes
so it's already happened it's already happened or is happened or you know it, so it's already happened.
It's already happened or is happened?
It's actually happening right now.
It's happening right now.
It is far away.
It's dark, light, yeah.
That was actually a real camera.
They brought that back from another dimension through a wormhole.
Because if there's infinite universes
that were in infinite time,
space, everybody's traveled time and space. It's infinite universes that were in infinite time spaces.
Everybody's traveled time and space.
It's the infinite number of times.
But since time and space is infinite,
there's really no time and space,
so it's just always going on.
We're here now.
Infinite over infinite. We're in one, right?
We're in one way.
Yeah, I don't know.
I never got into Star Wars at all. I don't know. I mean, star wars at all i don't know i mean i watched them and i was
like oh like i liked the ewoks when i was like a kid i had a little ewok village but
no one's perfect we have an ewok village yeah i did it's probably that thing that i had is
probably worth like five thousand dollars now you know what i mean these stupid toys you just stuck probably your kid or you know i
could never get the toy i could never get i liked he-man he-man was my shit and bellator and they
have i don't know the little guy that floats around do you know there's a new he-man series
uh no i didn't know that yeah you know who kevin who Kevin Smith is yeah the clerks guy
exactly yeah he directed it
it's fucking amazing dude
where is it
Netflix
cool I might go check that out tonight
you're gonna love it bro
it's good it's not too cheesy
is it the same artist
that was like Thundercats
what's that
same artist it's the same era that was like uh thundercats what's that uh same artist it's the same era
i don't i don't know or battle i don't know what kind of animation that was again if we're gonna
be nerds you know at some point in time animation was like coming out of japan i think
instead of now it's all korea or something right But anyway, what was I going to say?
Oh, yeah, so the thing
I could never get was He-Man's freaking
tiger. I forget what his name was.
Battle Cat. I can only
get fucking Skeletor's stupid
panther or whatever.
But that was the toy I could never get as a kid.
But I didn't care about Star Wars.
That's my point. I cared about He-Man.
And Kiwi Herman.
Teenage Mutant Ninja Turtles.
Would you wake up like at 6 o'clock in the morning to watch it?
What?
He-Man?
Yeah, because when I was a kid.
That was after school.
That was not after school.
Well, you guys have cartoons?
That's crazy.
I only had cartoons on Saturday.
Same.
Saturday morning, WB Kids.
Yeah, Saturday mornings.
It was He-Man, then G.I. Joe.
He-Man started at 6, then G.I. Joe at 6.30.
Then I think it was like...
Did you really?
I guess, yeah.
You're only just a few years younger than me.
All right.
I had the animated Jackie Chan series.
Nice.
Wow.
Yeah, it was Scooby-Doo and Ninja Turtles.
I'm trying to think what else I used to watch.
I loved fucking Bugs Bunny.
I love all that shit.
And then like the Hanna-Barbera Wacky Races and Yogi Bear, Snagglepuss.
I love all that old shit.
Hey, boo-boo!
And, like, when I watch,
you know, a guy I love is Conan O'Brien
because, like, you know,
that's when your humor comes from something
that you have it in your head, right?
So, like, you see the
cartoonishness, things that are cartoony
make you laugh. And that's what I love about Conan O'Brien.
Everything, you can see in his mind everything's a cartoon. And, like, cartoony make you laugh. And that's what I love about Conan O'Brien. Everything you can see in his mind,
everything's a cartoon and like the old timey cartoon.
So I always laugh at that shit.
Conan Looney tunes.
Yeah.
Daffy duck,
all those guys.
I love that stuff and jerky boys and Steve Sparrow.
So we got it all.
Where's chief by the way
good question he wanted to do a show did he tell you this he messaged me and he's like hey
i think you and i should get together and watch old football games and get drunk
okay he just wants to watch i think like he's a cowboys fan you know giants cowboys games and get drunk. I'm like, okay. He just wants to watch, I think, like, he's a
Cowboys fan, you know? Giants-Cowboys
games and
shoot the bull just for fun of it, you know?
Oh, yeah.
Why not, right?
Maybe when football season starts.
Maybe.
Maybe, maybe.
Well, Robbie, do you want to come up and say
anything or are you just listening in?
I didn't mean to box you out.
I have some more context while Robbie decides to come up or not
about this whole Zuckerberg AI recruitment thing.
So I'm just going to read it off here.
Meta CEO Mark Zuckerberg personally attempted to
recruit Andrew Tullock, co-founder of AI startup Thinking Machines Lab, with a staggering $1.5
billion compensation plan over six years, according to Rolsey Journal. But Tullock,
a former researcher at both Meta and OpenAI, turned it down. The offer came shortly after Meta's failed $1 billion acquisition attempt
of Thinking Machines Lab, led by CEO Mira Murati,
OpenAI's former chief technology officer.
After the rejection, Zuckerberg reportedly launched a full-scale raid
targeting more than a dozen of the startup's 50 employees.
Thinking machines? Thinking machines? launched a full-scale raid targeting more than a dozen of the startup's 50 employees. Thinking Machines?
Thinking Machines?
Thinking Machines Lab, yeah.
This is like one of those things, right?
Like, if you can't be first, like, and you're a billionaire, you just buy.
If you're not first in the race, if you're not in it, you try to buy your way into it.
Apple, unfortunately, dude,
is not doing so well.
Apple is not, you know,
they've got a billion dollars,
but they don't have a real AI strategy.
And I can't stand fucking series.
The worst thing to engage with.
Yeah, I'm changing to a Samsung here soon, I think.
And it's actually shocking how bad it is.
There's been some speculation that they might buy Perplexity,
which is, I haven't used it myself,
but apparently a really good agentic type of AI.
Apparently, you can download the Perplexity app onto your iphone and it's able
to do more things than siri can like you can make adjustments to your calendar and stuff or call
people from you know facebook or whatsapp as well as i message so yeah the perplexity app if you pay
for it you have some unique and useful features and people are saying that perhaps apple will buy
that uh well i was i literally was talking i can't
remember i was trying to ask siri to do something simple like i wanted it oh i wanted to turn off a
notification for linkedin because i get some fucking reason you know i don't ever take the
time to click through the menus and i'm like hey siri can you turn off the notification for linkedin
so i don't any notifications and it sends
me it doesn't even open notifications and give me the button and present me with the button
it sends me a web link on how to turn off notifications i'm like what the fuck dude
you know fucking retarded that is read the manual bro come on yeah that's exactly what it is and it
wasn't even here's the manual it was go click a
link on a website to hopefully you get the manual you know and not get along in the process right
oh you're just like how can this be so bad versus i know like i know that like an android's not like
that i'm sure gemini gemini is pretty sweet dude uh just the other week okay so i have these
kettlebells right and um i've been
using them but kind of like in an unstructured way and so i asked like hey can you make me a
program a workout program you know i'm a 40 year old guy i want this i want to do full body whatever
i have these weights um i've got you know whatever, can you make me a program and then put that program
in my calendar, um, and have it start at 8am.
And it did it, man.
It, you know, it made me like a two month program with progression and it put each of,
I guess, each workout in my calendar, you know, three times a week, um, with different
exercises with like progressing in the weights
and stuff like that so it did my whole program and it took like no time for me it was just like
i just you know gave it the exact prompt i just gave you um oh shit and it worked really nicely
yeah and so that like literally i feel like these devices after you know having just engaged a little bit with ai you start to see the potential
of how they could you could maximize all the capabilities of your phone like your phone can do
so much more than we put it to use for you know i mean you could say something like hey you know
like i know for me personally when i wake up in the morning the first thing i do is i check my
calendar just like i'm just checking what appointments I have for that day. Do I have to make any calls? Like for me, what time do I
really need to be up? Right. Do I have something or I got to jump in the shower right now and shave
and get on the road or whatever. And, uh, and the fact that I can't just tell my phone, Hey,
every morning set my alarm at this time. And when i whatever when i hit the button can you bring up
my calendar for me that seems like how how are we not there yet yo android had that for years
like they have this thing called uh routines on android and yeah you can have it you can have it
uh read off your calendar uh along with your alarm and once it's done that it'll start
like playing whatever podcast you want or news uh podcast thing well so yeah that's where like i
look at google and i go man as much as it's hard to say hey are they going to win the next phase
of everything i know they've been i from my understanding they've been uh cutting a lot
of people because they're losing ad revenue because no one's using search anymore.
They're using AI, but they've got the easiest AI to use.
I just saw something today where they've got a photo to video.
Yeah.
Dio or whatever I think it's called.
Vio, yeah, they, they seem to be like way ahead of the curve as far as ease of engagement.
That like,
I don't have to go to a special site.
I don't have to go sign up for anything.
I have to pay a monthly fee like for free.
They're giving me really easy,
good content or good AI engagement.
So is it perfect? Is it as deep learning no so it doesn't there's
no business case for it but for the common public to engage with it and the ability to like say hey
where can i get fried chicken around here and that it's gonna somebody's gonna pay to be that first
person that ai recommends you know what i mean right and so i feel like
google's already got how to monetize it google's already got a huge presence in business yeah um
google maps i mean some businesses live and die by their google maps reputation right
and it's it's become glaringly obvious that apple needs to do something like they need to acquire
someone they can't there's no way they can build their own data centers they're just way too far behind um but they've
got the capital so they can easily buy one of these companies well they can do that or they
could put it by bitcoin and sit on it or they yeah or they could do that but i think another
thing yeah litecoin like but if you consider that these people are turning down billion dollar offers you
know like how are they gonna like who they like do they have enough money well maybe they think
that a billion dollars is uh chump change versus 500 billion dollars
or maybe they're just gonna like i heard that uh amazon is starting to host
um open ai models and they'll be able to do it somehow more economically than previously
like it because yeah previously the only other company that you're was hosting other people's LLMs was Microsoft, right? Copilot.
It's now Amazon and AWS specifically, they're
enabling developers to
spawn
OpenAI
instances.
They're kind of an
X factor in all this, aren't they?
Amazon?
Yeah.
They've got the data centers
they've got the infrastructure um yeah and who are the major players here meta google apple
amazon and who else open it was in terms of data centers yeah i'm just kind of curious like who are the
ones that are data centers you got amazon uh microsoft and google as far as cloud-based
at least for cloud-based providers uh oh so apple so what it is apple probably can't get
enough power for a good AI.
Right.
They would have to build a data center, right?
And they're not in the data center business as far as I know.
They're in the software business.
And hardware business, yeah.
Well, yeah, but you know what I mean.
Yeah.
The customer-facing stuff.
Yeah, they've never been a big business player, which is surprising.
They'll have to they'll have to you know acquire another company um or maybe use maybe use aws or maybe use uh azure
which is microsoft's cloud uh infrastructure create their own super siri or something or
like their own siri flavored co-pilot um i'd see them more moving on aws just because
the whole thing with microsoft you know windows and mac i think there's some black some bad blood
there still um it'll be interesting though so should i get a google pixel i've had an iPhone for, I don't know, I got one for a job in like 2013.
So 12 years I've been on iPhone.
Are you up for a new phone from your carrier?
Is your carrier going to give you a new phone?
We're going to start shifting things around.
My daughter wants a new phone.
I was going to just maybe take her old phone,
but it's making us
all look at what's available to us it wouldn't be much it wouldn't be much to get a new pixel pro
i would try perplexity first um oh i see what you're saying try it on apple yeah because if
the only reason why you're moving is for ai i mean look i prefer i prefer android just because i've
been on android my whole life if you give me an iphone like i would love it prefer i prefer android just because i've been on android my whole life
if you give me an iphone like i would love it but i would have to learn how to use it and
it'd probably be uh more challenging than what it's worth or i don't want to say that but
i don't know i'm not spending like a thousand dollars on a new iphone right i just want i just want a phone that i can just talk to now like i'm i hate punching in
buttons you know hate typing i'm getting old right i just want to be like i want you to do this
hey i'd like to set up can you make a list like i go to google gemini and i'm like i need to make
a list i'd like to be able to tell siri that um i'll say track my food or something right yeah and blah blah is that
possible yeah here's a step-by-step so gemini can tell me how to do that and siri cannot and that's
fucking crazy you know yeah the one the one that that'll be cool is like when when you have it
plugged into your fridge right and be like okay look uh i want to make a burger or something what do i what am i missing am i you know can you
check my fridge garlic and see if i have enough beef and be able to analyze it be like no and
then it makes a shopping list for you yeah if you have um speaking of that did i talk about this a
couple weeks ago i think i'd said this in here.
I was like, man, I was telling my daughter, I was like, it'd be so cool as if you could
get a, a device that you put, you're talking about cooking all your spices in, and then
you QR code a recipe and it just mixes all the spices exactly how they need to be right
in the right proportion, just shoots them out.
And, uh, I was like like that's probably already been invented and i looked it up and it was like a uh somebody got
a patent on it but the product never came out and i was like oh shit i mean people are already doing
that with robots mixing drinks right so it's pretty much the same thing yeah why but how do
we not have that this goes and takes a little scoop here's a quarter scrape it off it seems like that's simple today i think yeah there's just a larger market for people uh
wanting to get wasted automatically i would buy one is all i'm saying yeah oh yeah like for a
thousand bucks that's a lot yeah what would be your price like 200 because to think about this you can just
you can make sauces you know i'm saying you just be like here it's a quarter cup of water in this
mix whatever right that feels so easy it's gonna save you so much money i'd say 200 bucks 250 bucks
it's going to save you so much money.
I'd say 200 bucks,
250 bucks.
Okay.
To have a machine that'll make your sauce,
any sauce.
that I can scan in a recipe.
Okay.
I'm making,
I want to make a shit.
I don't know.
Garlic,
buttery potatoes.
What'd you,
and it portions out.
Here's how much garlic powder.
Here's how much onion powder here's
how much parmesan do do do do i dump it in i'm good right and i'm also making noodles and i've
got some i don't know a cream that i want to spice up for fettuccine alfredo and it will mix all the
proper dry ingredients boom i dump it in i don't have to think about measuring cups, cleaning, none of that shit.
For baking,
I be baking shit all the time.
That's the time-consuming part.
What's that bowl place that's placed in the States?
It's very popular. It makes bowls.
Panera?
You order online and it makes...
Chipotle?
Chipotle.
I think it's Chipotle.
They have
in some places machines that make the
bowls for you. So they have
instead of having like a line of cooks
making bowls, they have
one dude who preps
and fills up the machine with all these ingredients
and then the machine
makes the Chipotle bowls
and puts them in this delivery window.
And the Uber Eats drivers come pick it up.
Yeah, it's not far away.
I mean, they have that.
I'm not sure.
I think it's like half a million dollars or something, this robot.
And this is where people who keep demanding,
look, and I'm sympathetic to people who work
you know in McDonald's
or something like that but
they keep pushing wages up eventually
these franchise owners are going to go god
I could have a really efficient place
if I just got one guy who loads the beef
and loads the fries and loads the cheese
and it all gets done
automatically
yeah and you don't have any problems with you know employees putting
too much or too little or forgetting stealing we're stealing yeah man fuck i used to eat
dude i used to work uh at a restaurant this pizza place and you know how much fucking pepper
yeah italian at a pizza place huh are you just trying to lean into your stereotypes a little bit
at a pizza place huh are you just trying to lean into your stereotypes a little bit
but yeah dude we see fucking pepperoni italian sausage fuck it was bad
yeah i think one of the things that people you know in the crypto space we talk about
credit cards and we're like oh credit cards cost the retailer 2%, 3%. But they probably save in theft in general, right?
Just taking a little off the top or a little loss here and there.
When you're dealing with cash, people are so much more tempted to steal as employees.
But credit cards save them from that problem.
So it obviously hasn't been a motivator because not enough
retailers are doing it man i still can't believe you guys still swipe for in the states
like what do you mean well i don't know like i went to go get gas and i had to swipe my card
well most have tap to pay most have tap okay yeah most do yeah but i know it's janky one
yeah here in canada we've got a problem with um well i've heard some restaurants have problems
with fraud right where people like skimmers or whatever well because we we don't skim we don't
have that skimmer issue in canada so like all the fraud cards are american yeah so like you guys have the skimmers
and like you'll create blanks or whatever send send up the credit card numbers up to canada
and use them up here you know it's funny i just thought of it so when the credit card company
goes oh we want you to do tap to pay it's safer for your protection it's actually for their protection because if
your credit card gets stolen they generally will pay for it so all right anyway go on
yeah no that was it i mean uh it's pretty wild like when i heard that i was like okay so all
your fraud cases like yeah we kind of i felt it was suspicious this guy said he was american
like the credit card didn't pass he had another credit card it passed i was like okay whatever Fraud cases like, yeah, we kind of, I felt it was suspicious. This guy said he was American.
Like the credit card didn't pass.
He had another credit card.
It passed.
It was like, okay, whatever.
And yeah, it turned out to be a fraudulent charge.
It got charged back.
You know, you can do that.
Yeah.
And it's just, yeah.
It's a problem.
I don't know why you guys don't have chips.
You don't use a chip at all. Here for, so tap to pay but we do you have chip readers in the states yeah yeah we've had
that for okay five years five ten years now okay okay i guess it's just not widespread yet or
there's enough places where you still have to swipe that i would say honestly i almost never swipe so i don't know if you just
went to an old place yeah i guess but i would say i'm not i'm not swiping the only times that
happens like at my no even at the hairdresser hairdresser whatever i just went to tap i stuck
with no well they had the chip reader they didn't but i think they had tap
you know i mean now they all do like yeah i think you're i think maybe maybe something where if you
were in new york maybe they have some law in new york that prevents tap to pay from being implemented
or something i don't know but yeah no it's it's pretty widespread chips or tap okay okay and like
even though you have a phone everybody's got Apple Pay now.
Yeah, and that's like Apple Pay, I think, made a huge difference in the last couple
of years.
Because I do know I was able to tap a couple times.
But remember like when we met in Nashville and we were at the bar and I got that round
of drinks and I wanted to pay.
But like I didn't have my cards with me. I me i just i was an idiot i forgot my american credit card
and um i didn't have any cards on me at the time because i was i'm so used to that's great
this motherfucker goes hey everybody wants shots oh it's on me and then he goes to me he's like
hey grant can you buy these shots i didn't realize that he paid me
immediately in light coin that's the thing i didn't realize that you guys just didn't have
tap to pay everywhere like in canada it's you know i i leave the house with just my phone
and my keys you know oh right yeah i can see that at the bar yeah and at the bar that the woman's
like no we don't have that i'm like okay she's like well if you don't whatever you need that you can go there's a cash or atm down the
street i'm like i don't even have my cards with me and thankfully what'd you do you just uh get
somebody to give you cash and you gave them like yeah i had a good friend of mine spot me the well
we made a transaction peer-to-peer real spot. Right. Yeah. And it sold pretty quickly.
And it was anonymous.
It was less than a penny.
Yeah.
Yeah.
Yeah.
Yeah.
It is pretty cool,
man.
I did like that Jack Dorsey came out,
you know,
he's,
I feel like there's two sides of Bitcoiners right now.
You know,
he was saying that if it doesn't become a currency, it's irrelevant.
And then you got the other people that say don't ever touch it, right?
Don't spend it.
Yeah.
Jack Dorsey said that.
If it's not a currency.
Yeah, just this week, yeah.
Interesting.
Well, I say that, but it could have been that
i just saw it this week i think it was current but it could have been an old clip i guess well
i think people are starting to like get over the whole um number go up type of hype i feel like it
and i feel like people are starting to open their minds a little bit to the whole medium exchange is better than just a store of value type of narrative.
I hope so, at least.
Yeah, I mean, if it's not, you know, actually, I was thinking about that MEI pharma thing a little bit today.
I was thinking about that MEI pharma thing a little bit today.
And I was trying to understand, because I was thinking about buying,
I was thinking about buying some shares.
And I was like, I'm like sitting there thinking, okay, well, I don't,
I don't know that I get, like, let's say they make, I don't know,
a billion dollars or something.
What access does a shareholder have to the money in the company treasury so i went on
google gemini and i said hey so if i own shares in a stock and a company is holding x amount of cash
there's no way for me to redeem this share of stock for that cash right like no like and even
if you know what control that money is there, you know,
there's none and all this stuff. And I'm like, okay. And I explained, I said, well, when people
are buying micro strategy stock, they don't have any access to the Bitcoin. They don't have rights
to it in any type of way. So like why, you know, essentially what are they buying? If they don't, you know, they don't have the rights to this cash,
they just have a piece of paper
that says they own part of the company.
He's like, well, yeah, you don't have it directly.
Some people have this roundabout exposure.
This is Google Gemini.
They're using it as a way to get exposure to Bitcoin
without actually owning Bitcoin.
And I said, but what gives the stock value if they if i can't redeem it for this
value um and they said well as the value of bitcoin goes up you know the share the value
of the company goes up because they're holding all this bitcoin and just before that he had said that
microstrategy is never going to sell right i said well if they're never
going to sell then how would you ever access the value of the asset right like it's this weird
circular logic that i don't understand that in order for you to realize the the investment value
because you're buying the share of stock in the United States in U.S. dollars,
they have to sell.
Right.
If the shareholders, if everybody decides to dump MicroStrategy,
then they'll have to sell.
Like if they're forced into position.
Well, they'll sell to buy back their own stock.
Right, to buy back their own stock.
So they are the buyer of last resort.
So if the company's got five billion dollars in bitcoin and their stock value is trading at 10 billion dollars
it's just like it's so it's so crazy that that will never make sense to me you're truly just
hoping that to catch a hype cycle yeah and so i guess if i had a question for because i i saw the the coin
it was a coin telegraph that charlie was on yesterday or today um no it was it's the yellow
coin desk logo coin desk yeah okay yeah coin desk um and then like what is the difference between
and like what is the difference between the pharma company and microstrategy
and nothing well okay microstrategy before it got into bitcoin had a a dying business intelligence
uh software company right they were being leapfrogged by other companies like
tableau their licensing fees were too high people are stopping or cutting
their contracts and going with other providers that were more economical and
effective at doing what they're supposed to be doing okay so microstrategy was
going downhill and for them to like turn
the ship around would have been very difficult if not impossible uh since things move so quickly
and so michael michael saylor in an attempt to save his save his company maybe he just saw the
light i don't know but he uh he throws throws a Hail Mary and goes all in on Bitcoin.
And it plays out well for him, right?
Now, what's the deal with May Pharma?
As far as I understand, they're an oncology research.
They create medications for different types of blood cancers, right?
Donald Trump and his administration cut cancer funding, right? Donald Trump and his administration cut cancer
funding, right?
Okay.
Am I correct in that?
I don't know.
I mean, I don't know to the extent.
I think it's probably been over
played,
overstated, but
was there funding that went to universities i'm sure yeah
i'm just i'm just trying to like make a title because i don't know what their business is like
obviously i'm not uh an oncology research i'm not it's not my field so i have no context for
where this company was before they went into light coin um is this similar thing where they they see like the right
on the wall seeing like okay contracts are going to start drying up should we just throw a hail mary
um i don't know let's see hang on um
let's look before this came to be, right?
It's been very Litecoin focused.
Okay.
Um, I mean, they got like their financials on here.
Yeah, I would be curious to know how this got connected,
but Charlie said he was,
remember he had a lot of people he was talking about doing this with, and so maybe he was,
maybe there was a reason that,
um, he chose to do, to work with them that you and I don't know. Like maybe there's a reason why
he would, um, choose them. That has nothing to do with what they do. Maybe he didn't. Yeah. I mean,
it's not like he took the only one he had an option for.
He was the one making the decisions.
So it would be more like, why did he choose that company?
Was it because they had certain healthy financials, you know?
Was it because the market, whatever the market cap was,
made sense for the size he was bringing
to the table you know it'd be interesting yeah right if they had the liquidity yeah yeah it's
more he's more looking for a vessel I mean from my understanding right him and what was the other company that was doing this with him? Oh, my God.
G something, right?
GRS or GSR?
Yeah, GRS, GSR.
So, yeah, I mean, I think we're talking about people with, like,
some very real cash that are looking to develop the same strategy that, you know, take advantage of the same, I don't want to call it, let's call it what the micro strategy maximalists would call the infinite money glitch of getting stockholder money, borrowing at low rates against it or you know
accessing capital essentially to invest in an asset that can't be invested in
by some people for some reason you know I mean like a proxy yeah well like
family offices and whatnot right yeah would be interesting so they probably it's a game plan to give to give those
same types of investors a different a different asset to speculate upon yeah yeah what would be
interesting is because with micro strategy they're saying they're never going to sell now i don't know
if these guys are ever going to sell if may farm is ever going to sell but it would be kind of cool if hypothetically they did soul so if they did sell
i i do too i agree say like when gets a thousand two thousand dollars and they sold a bit right and
then they were able to put all this money into research and development and come out with this
you know this badass new cancer medicine right kind of like well with with
a commitment that like if we sell and it goes back down we're buying right right we're taking
advantage of the market we're not just removing ourselves from the market which is what microstrategy
has done right you know wouldn't be the best for for likeling holders because it would make the market kind of uh less stable stabilize right yeah but if they did it you know if there's
enough um enough other firms doing the same thing um i don't know i like i think it could be cool
if they sold and if they you know if it made their business
um and the product of their business which is like cancer research and curing cancer ultimately
jesus christ i'm sitting by this fire and getting hit with sparks that's what that is man you're
getting nice well i just i just moved my chair because they were all going in one direction
i moved my chair and they shot out sideways at me.
These big logs I'm burning.
Yeah, dude, I was up north again last week.
I might even try to go back again.
And goddamn, the last two days, you know, it was ruined by wildfires.
Where are these wildfires?
Oh, yeah.
Fucking Canada, dude.
Yeah.
So it was like not a cloud in the sky the last two days.
And it was, you couldn't even barely see the sun.
The sun was getting blocked out just by the smoke.
Yeah, it's wild.
I have a buddy out in BC.
Why did this start happening?
He went out into the shelly he has.
He's got this time-lapse camera looking out into the Pacific Ocean.
Well, he's on the mainland, so there's still Vancouver Island.
He's looking out towards Vancouver Island.
There's just this this in the morning,
like this,
this cloud of smoke rolling over the hill,
over the lake,
or it's not a lake.
It's some kind of a straight over the straight.
And into where he's at.
And it's like,
yeah,
it smells like a fucking,
it smells like there's a fire in the,
in the,
in the cabin,
you know,
and he's got a kid.
It's like smoking like a couple packs a day that
stuff man it's terrible for you well why but what happened because i swear this wasn't happening
this happened uh in 2021 because i was up we had a trip up there and i remember specifically it was
the first time they had all this smoke like i'd never seen in my life in bc and in northern michigan okay i'm saying
the smoke comes from canada so i'm like did our forest fires a new thing well they're like why
is it so severe the last three or four years there's there's always been fires uh on the west
coast right just because it's so much drier in the summer um but what happened to the north of quebec that was an anomaly in 2021
um and there was a whole bunch like these fires were man-made right at first they were saying
yeah it's like lightning storms global warming blah blah whatever but ultimately yeah they
discovered that it was people either accidentally or intentionally setting fires
like an ego terrorist or something yeah yeah the guy the guy was convicted and sent to prison
whatnot i didn't know that is that what he was was that his thing like i don't know i don't know um
i feel like if i like i'm remembering poorly but I think that was the case
I think he did intentionally
because he's like an arsonist right
right
so yeah so what happened in 2021
was that again
like this year there was a bunch of
fires in Canada
most of them were man made
either intentionally or accidentally
i know i saw videos of some people on um on youtube starting fires intentionally like some
you know some crackheads or something going around starting fires with a blowtorch
um so there's definitely some of that there's a lot of i guess sick people out there um
maybe they're being paid animal maybe they're being paid uh to propagate the global warming
narrative okay yeah that's it's possible i guess um yeah
it's possible i guess um yeah
i don't know sorry i'm trying to fire i don't know what would compel someone to do that like
like the probably not for much money others should like get a hit and be like yeah set a
little bushfire here and i'll get you your fix yeah oh yeah that's all it takes
well shit it doesn't even have to be somewhere. It could just be like a radical on the climate side.
It doesn't even have to be a major conspiracy,
just another sick individual.
Yeah.
Well, we really go a lot of directions, don't we,
in these conversations?
Go to AI to
set in forest fires.
Yeah, hopefully.
I'm supposed to be going to BC at the end of the month.
I just hope
the wildfires chill out by then.
It should be better. Normally around the
fall time, it's better.
Yeah, it's just weird that it never happened my whole life.
And then it's happened through the last four years. Yeah, in the West, at least for the last 15 years or so,
it's been a yearly occurrence.
I've been there a couple of times in the summer.
But John Galt doesn't agree with me.
Okay. But maybe it's getting worse i know john do you have something to add but um like i've been to bc a few times in the summer and each time there were fires so
really john why is he's laughing at me now come on john i have the curse to say something
he's got a lot of followers who's this guy he wasn't laughing at you he was laughing at the
fact you reacted to him maybe you misunderstood maybe he was booing me you know okay okay i don't
know yeah i mean this is intended to be a show. Oh, here he comes.
This is intended to be to engage with the audience.
No one's so shy.
It's probably all these bots.
John, are you a bot?
One second.
Oh, sounds very robotic to me, animal.
We could be talking to a robot.
Hello, I am John Galt.
He's from Colorado.
Yeah, okay.
Oh, okay.
He can talk about...
I hope maybe he has
some wildfire information.
I'd love to hear.
If we're talking wildfires,
I can talk all night.
I'll bore you guys to death.
Okay, well, I'll tell you what.
Get started,
and I'll tell you when we've gotten bored
well we had two fire we had two two in the last two days it's crazy
one just where down in colorado yeah somebody just burned themselves up in pooter canyon
he burned his cabin down with himself in it oh jesus i want to start a forest fire
well it could have been because there's a red flag warning out and they did mandatory evacuations for like 500 people.
Oh, no shit.
So are you a firefighter?
Oh, no.
Oh, you're just a citizen?
I'm just a lowly citizen, man.
You're sitting by your ham radio listening to the feed of the...
Yeah, that'd be a CB.
But I hope Animal's correct.
Just October seems to be the fieriest month, if that's a word.
Well, yeah, you've been dry for the whole summer and fall. It makes sense, right? But the way I see
it, California's always been the focal point. They've
burned the most acreage. And then it seems like in the last
20 years, Colorado's been catching up
with our large-scale fires. So it's just a matter of
how much fuel there is to burn.
Right.
So bigger trees,
bigger fires.
Yeah.
Natural cycle,
right?
Yeah,
exactly.
Exactly.
The place that burns is going to have small trees and they're not going to have enough
fuel.
The place that hasn't been burned and grew the large trees.
But if you look at like any, I've got a bunch of different apps.
I mean, you have to be where I live.
You have to have your head on a swivel.
I mean, things can happen so fast.
I've been through many, many fires, some of the biggest ones that we've had here, and they're not fun.
But there's Watch Duty.
There's Fire Source. There's Wildfire Info. that we've had here and they're not fun but there's watch duty there's fire source there's
wildfire info and if you look at any of these apps you'll see there's like hundreds of fires
burning all the time and yeah mostly they're in the west that's correct um i guess that
ontario fire was like a little bit off but but Canada does have a lot of beetle kill.
I mean, we have a lot of beetle kill,
but Canada has an enormous amount of pine beetle kill.
That's a lot of fuel, dry fuel, dead fuel.
Oh yeah, I could see that.
That would make a lot of sense.
An infestation.
Oh, an invasive species leads to wildfires and makes the sky smoky on my vacation.
You know, what the fuck?
Yeah, that is, so, yeah, I mean, it seems like a lot of the wildfire issue would be,
you do have these natural ebbs and flows, but also you have more people moving out into these places.
So you're just more likely to have instances where accidental starts.
Even though that one guy wasn't accidental who set himself on fire, it's more likely to happen the more people that are out living in these places.
Well, the investigation, we have to wait to see and see what they find.
The investigation has been started as of last night.
It was too hot to start.
But yeah, I mean, all sorts of shit.
I mean, some guy's electric fence the other year.
It could be a lightning strike, but it seems like it's more likely, unfortunately, that it's people.
And sometimes it's intentional.
Sometimes it's intentional.
Look at the Alexander Mountain fire.
Look at the Alexander Mountain Fire.
You can look that one up.
That was set intentionally by some dude who was going around.
He was living on this ranch.
And he was like threatening people with a gun.
And then he starts this fire.
And then he dressed up like a fireman trying to look like the hero.
I mean, you can't make this shit up.
Yeah. Jesus. I think i remember that story so you really are wildfires is your thing no i'm just trying to trying to get out of it no i mean you have you have to check your weather
right before you go outside like is it safe to breathe today yeah exactly exactly no i mean
no it's it's a mandatory i mean if you want
to survive i mean if you don't want to i still live in northwest ohio we have no natural disasters
here like we had maybe what about that train well that was natural maybe like one tornado what about
what about maybe one tornado that's hit that hit a high school school. Nobody was even in it at the time, but
maybe one high school gets hit
every decade. We never have
hurricanes. We never have
earthquakes
and a blizzard 45 years
ago. I don't get them, but I can't
imagine what it would be like to live in a place that gets hurricanes
and wildfires.
Wildfires never even...
It's too damp out here.
We just get the remnants, if anything, being in the middle here of hurricanes.
No, wildfires, definitely, I would say, the freakiest.
There's one thing where...
Yeah, that's scary.
There's one thing that's more anxiety-producing than wildfires,
and that
would be probably tornadoes.
Because you
don't know where exactly it is.
That's the whole thing. If you don't have
now freaking, oh my
God, those California people, the last one,
they're so fucking lucky. I would
love to have drone footage, like constant
live feeds of where the fire
is. That would be so helpful.
They don't do that for us. they don't do that here in colorado but those people in california
they had like all the information in the world and yet so many of them perished you know
oh the palisades well the worst one was that well i guess i can't count the uh
the worst one was that well i guess i can't count the uh uh paradise fire but yeah the palisades
the most recent one uh yeah they didn't have much cover and that was probably one of the reasons why
so many so many people died in the paradise fire i think that was called also the i think there was
another name but you you know i'm talking about right you said you sit here you say i go oh you're
so you're like really into wildfires.
You go, oh, no, not really.
No, no, no.
I am.
Labeled five or six wildfires in the last ten minutes.
I couldn't name one.
No, no, no.
I am because I live in the West.
And it's kind of like you have to know.
I mean, you have to know this stuff, dude.
Look, if you live in a city okay no no no but if you live in the foothill
mountains if you live in the mountains if you live around evergreen trees you have to know this shit
you know yeah those fuckers gotta be dry as a bone but it depends i mean things cycle really
like we can get a ton of moisture we got a ton of moisture because of this weird jet stream that occurred
this year and and you know yeah we got a lot of moisture it's no chance of wildflowers and all of
a sudden like the last couple weeks it's been drying out like shit right so now it's like a
tinderbox right so that's how it works so you think like oh moisture is good, but it's going to work against you in the end after it dries out.
See how that works?
Yeah, yeah, yeah.
Man, I never thought about that.
The different places people live. But you've got to know this stuff if you want to survive.
I mean, you just have to know which way to run, when to run.
You can't wait for the fucking...
I would imagine you run into the wind, right?
It's easier in Colorado
because you just go downhill, right?
But no, that's the problem in California.
That's why so many people fuck up in California
is because you have
lots of different kind of elevation
up and down, spread out
and stuff, and people don't know
where the fire is going to go,
and then it surrounds them, and then they're fucked.
Oh, yeah. I was told my kids, I said, don't, I was told my kids, don't be afraid of fire,
but you got to respect it. Like don't fuck around with it.
I got to ask you, I got to ask you, why are you burning a fire in the summer?
Because I live somewhere we don't ever get for it.
No, no. Is it cold?
It's freaking hot as shit right now here.
Oh, actually
right now it's about low 70s.
I'm just out. Oh, okay.
Yeah, it's chilling. Is it
hot in the nighttime? Well, see, I'm going to...
Yeah, we're having heat advisory
until tomorrow. So it's...
Well, it's still 78. It's actually kind of
nice right now. 78's not too bad. But it was... Yeah. But it's, well, it's still 78. It's actually kind of nice right now. 78 is not too bad,
but it was,
yeah,
but it's nine,
it's nine o'clock at night,
you know,
in the mountains up at elevation,
it should be dropping.
right.
Yeah.
my brother actually lived out in Denver.
He just moved back a couple months ago.
where was he living?
Right across from Coors Field.
Nice location. Just, just a single guy no i'm saying
it's like you can either things can either be real kind of cool and chilling or you don't know
what you're going to get into if you're outside yeah oh i mean i think yeah pretty nice i mean a
nice place he's just single room so i don't i don't know it wasn't some ritzy place but it was nice
but uh yeah i don't know he kind of i think just he's getting older and i think he's just coming
back home kind of thing but uh yeah that's become such like a seems like a city just transient you
know so many travelers coming in and it's grown so much it's crazy color Colorado's changed a lot since I moved here several decades ago.
It went from red to
people say it's blue, but it's really
purple. It's just gerrymandering
and all that shit. Boulder, Denver basically
controls all the politics.
But no, it's
still, you know, it's not
a bad place to live.
You just got to make your own. You know what I'm saying?
You got to just not own. You know what I'm saying? Right.
You just got to
not get caught up in all the bullshit.
Ignore your neighbors
is a good kind of philosophy.
So you are, after all,
you are John Galt, after all.
I try my best.
All the speculation.
I was told that I am.
I try my best.
And I do love Litecoin.
Yeah? Absolutely. Dude, I do love Litecoin. Yeah.
Dude, I'm a Litecoin maximalist, man.
There's not many of you out there.
I don't consider myself a maximalist.
Well, I'm kind of joking.
I'm not going to hate to hear you say that.
I'm a little bit of humor in that.
It's just because of the Bitcoin maximalism.
It's like I never understood it, you know?
It's insane, it's insane.
It's just like, do you hear these spaces?
I mean, it was different, okay, 2013, okay, whatever, 2017, 2020,
and then like now you go into the spaces and you listen to these people
and it's like, what is it, you guys, what is it, a fucking cult?
What's going on here?
Like, that's such a turnoff. Yeah. You guys are going to fuck yourselves. Yeah, it's like, what is it? What is it, a fucking cult? What's going on here? That's such a turnoff.
You guys are going to fuck yourselves.
Yeah, it's very strange.
I'm amazed it's still around, honestly.
I always thought the phrase shitcoiner was like
somehow lowbrow enough that it would get itself out of the
whatever, their mouths
and uh now it's just like a word that gets put in the new york times when they're talking about
bitcoin or something it's like well i mean it's become part of their phrase decentralization i
i get it right but there are some drawbacks to that and that's why they use litecoin to basically
test everything on and then they steal it from us so you know it's kind of like yeah or vice versa well say which one is
why would you use one and not the other what's the difference at the end of the day
anything you can do on one you do on the other i think charlie was, pretty smart. He's a really smart guy.
And, you know, if I were to take guess, I'm going to say it.
I'm going to say, you know, who invented Bitcoin, right?
Who's the creator?
If I had to pick one person on Earth.
Is this Shan?
I think that you're Shan, your master BTC with a voice modifier.
I mean, Charlie maybe perhaps wasn't the creator of Bitcoin,
but I would fucking bet that Charlie was.
And then he created Litecoin as a kind of a better Bitcoin to be
more in the public and just
kind of be an administrative type.
So he's going to come out
and sell a million Bitcoin
and then buy
Litecoin with it? I think he's too humble.
Honestly, Charlie's really humbly. I think he's a good guy.
I'm not going to speak for him.
Well, you just called him out as opposed to Nakamoto.
I've done it before, but nobody pays attention to me.
Nobody takes me seriously. It's alright.
And it doesn't even matter. You're living up in the foothills.
You're like a mountain man.
Even if he was, he would never admit it, okay?
Because that's just the type of guy he is.
So it's all right.
It doesn't even matter.
It doesn't matter.
What does matter is that Bitcoin doesn't plummet
because that would probably be bad for all of us.
Yep.
Maybe Bitcoin stabilizing would be like the best thing for like coin
people will get bored with it i'll go what am i gonna what's the next i'd like to see like an
alt season where bitcoin just chills you know yeah could you imagine that like yeah light coins
like everything moves at like 10x versus bitcoin it just sits there
bitcoin doesn't lose anything it can even it can even pump a bit but like
you know you'll see maybe a 20 or 50 increase in the bitcoin price and everything else goes up to
300 yeah and then they just just seethe like i mean yeah just one year where like the ratio
is in our favor
you know that'd be nice
yeah bitcoin gets like 15%
dominance and everyone's just
shitting their pants
I think it's possible
well you guys don't think that bitcoin is kind of going sideways right now
a little bit
it is
let's look at it a little bit let's see well it's done i mean
bitcoin i mean look bitcoin's crushed everything look at the four hour chart for a second here
it's well okay i know you're talking in very very for somebody sitting here talking about 2013 i
mean you're you've been in this game a long time are you you looking at 40-minute charts? No, four-hour.
Four-hour.
Or four-hour.
Well, yeah, but you know what I'm saying.
I'm not a trader.
I'm just saying look at the four-year chart is all I'm saying.
Well, what, the weekly?
Yeah.
That's the difference.
Well, the weekly is kind of like, you know, just up.
It's ugly.
It's ugly.
Yeah, yeah, versus light coin.
But, you know, that's what I'm saying.
It's an ebb and a flow.
Like they're like animals saying that all season will come back.
Cause maybe what's,
what happened in 21 is NFTs and all this shit wrecked so many people.
They start going,
I'm not going to speculate on that stuff again.
And there's a way that comes back to the coins that have actually been here
long enough to be reliably in the market for years to come.
I think there's going to be...
The revenge of the nerds, we'll call it.
I think that the interest, we just need to be patient.
Institutions are going to be... They've already been loading up.
Don't be naive about the institutions not taking advantage of sub 100.
And even at these levels, I bet you there's a lot of people saying, hey, look, you better get in.
You better get in because that ETF is coming.
And then there's going to be a Bitcoin, Litecoin ETF.
And there's going to be all these products for people who don't want to invest directly into
the cryptocurrency and
you know how it is and they're going to have a lot of
inflow and I think Charlie
just made an announcement
the other week that he's
the Litecoin Foundation or him
or they're going to be
doing some type of
injection if you will
no? Hot beef injection? doing some type of injection, if you will? No?
Can I make a...
Hot beef injection?
No, he's going to...
I forget how much money,
but they're definitely going to, like, you know...
Yeah, we were talking about the stock,
the $100 million.
Oh, okay.
Yeah, so, I mean,
so the ETF drops,
and then, let's say,
$9, $10 billion,
like, just directly comes in that day, right?
I know.
Yeah, no, I know.
It's crazy.
That's why I think people, when they look at percentages, that's been the big, you know,
people are going, oh, well, Bitcoin got the ETF, it went 2 to 1 or 2.5 to 1 or something.
So, okay, it increased 150%.
But they're not looking at the absolute dollars that
came in because Litecoin is such a small market cap today. It takes a tiny fraction of the dollars
that did that to Bitcoin in order to actually handle the influx of litecoin right because nine nine billion nine billion dollars on a nine
billion dollar market cap is going to more than double it how much of how much do you think uh
you guys remember when bitcoin posted that picture with litecoin on it in july absolutely yeah i mean
how much goodwill has that put onto Litecoin?
How many people saw that and thought to themselves,
like, shit, are we sleeping on Litecoin?
You know, like, actually?
Because I feel like, yeah,
because the narrative, man, is so convincing, right?
The 21, or everything divided by 21 million
is such a strong image.
I actually made a meme of the meme. If you go to my timeline,
it's the last thing that I posted. Actually, I was really,
I just felt like that was a good time to stop posting. It's
kind of weird, but 600,000 people saw Bitcoin post that
600,000 impressions.
But I made a meme out of it.
Go look.
Yeah, I'm looking at it.
I'm looking at it.
Yeah.
I used chat GPT to make that.
And then I posted a whole bunch of statistics.
And I just felt like, hey, yeah, this is a good time to cut off my timeline.
Anybody wants to see what John Galt's thinking right now.
That's it.
That's all I got.
I mean, how do you think Saylor felt about that?
I think he was probably, you know, he's got a weird history with making comments about like when he's never been negative.
True.
So I don't know.
I don't know what he's doing in the background.
I mean, you know, we're talking about michael sayler here so um you know anything's possible with him he could be
loading up on litecoin very easily why wouldn't he loading up on it i mean yeah yeah why not i
mean it's so cheap compared to bitcoin i mean yeah perhaps i mean it's like 263x the evaluation
um it's it's just ridiculously uh how do you say undervalued look either bitcoin my point was in
one of my i forget where i posted it's in one of those uh recent tweets that i put out but either bitcoin is
overvalued or litecoin is undervalued it's one or the other you know that's why i was saying i hope
that bitcoin doesn't cut itself in half i hope so i mean yeah it might it might. It might, again.
I don't think that's a supply.
Yeah, I think it's still... There's a
constriction.
And, yeah, miners are selling.
I don't think it's going to dip that much.
I really don't.
I could be wrong,
but, you know,
so many people are still buying it.
It seems like the mine reserves are dwindling.
If it does dip, it'll be because of just broader economic issues.
Well, why not just profit-taking?
No, no, I'm with you.
I'm feeling like this is the start of the golden age. Everybody was thinking it would be just like initially January, you know, he's still working out shit. There's a lot of stuff to do.
That's why, you know, I don't think we're just going to all of a sudden go into the golden age.
But I think, you know, everybody's calling for a 2026 recession. I think they're probably,
I hope that they're going to be proven wrong. You know, the Fed, you know, the Fed, the whole
Fed rates thing is interesting.
I'm thinking perhaps maybe Trump, in his weird way, doesn't want hell to cut rates, actually.
I know that's a weird, weird take.
But history has proven that if you cut rates too early or too prematurely, it can create this rebound effect.
And then we can like,
it just, the inflation would last a lot longer actually.
So it depends on your viewpoint.
It's totally speculation.
Don't take my words as gospel,
but I've just been pondering it.
Speaking about Trump,
you guys hear that AI speech
he had about the Genius Act last week?
Who?
No, go ahead.
Anyone listen to his speech?
Oh, I thought you were about to play it.
I should, though.
Fuck.
He was talking about AI, and he was talking about this company called NVIDIA.
Have you ever heard of NVIDIA?
Yeah. Yeah. How do you pronounce that name
nvidia nvidia right well i say in but no it's nvidia it's a envy uh they have a green logo
with their whole thing yeah i said nvidia was to be like to have their competition be green with envy right so nvidia right okay
but trump goes on there he starts saying like nvidia it's just like bro come on do do people
not tell him how to speak like did he not meet jensen wong like what the what the fuck sounds like a hair salon you know like elizabeth warren or whoever it was it was
a treasury secretary it wasn't elizabeth warren um shit the other one i forget
when she said bonance that was cute you know i was like
that was kind of funny these people are old as fuck you know so old yeah so she calls it
you just put that you just put cute and janet yelling together dude oh oh he's we're gonna
put him in a relationship don't do it take it back i mean like it's
obviously janet yelling she's, all these people should retire already.
But, um...
Oh, she's retired, alright.
Has she? Okay.
Oh, yeah, she's done, dude.
That's the thing, right?
Well, I mean, like, you know, it's just the same person
that's right behind her.
It's the 72-year-old
instead of the 78-year-old, you know?
It's not like they're bringing in
some young hipster to run the Fed.
Oh, I heard a rumor that Trump was thinking about James Fishback for a second.
I was like, oh my God, that would be, that would be the youngest Fed.
Who's that?
He's that guy who, what is, oh shit.
So if you look him up on Twitter, let's see.
James Fishback is, oh, right, right.
He's the CEO of Azoria.
What is that?
What do they do?
It's an ETF.
What does he specialize in?
He has like some kind of thing.
He's like a hedge fund type of guy.
Well,
he's like everything kind of guy.
He's,
and he was with,
I think he was working with Doge.
Meritocracy ETF.
Yeah.
Yeah.
But he's got,
you know,
he's definitely has his viewpoints,
very strong viewpoints, very strong viewpoints,
very politically active.
I'm pretty sure he was working with Doge in some way.
I don't know.
I mean, Elon's Doge?
He puts out a lot of content.
I mean, I can't keep up with him.
He's a talker.
Trump has put a lot of, like, influencers in the, um, in his administration, right?
Or people that went out and had media careers and then they came in and had into the cabinet,
you know?
Dan Bongino, right?
What do you say today?
He likes the two cabins for the replacement for J-PAL?
What does that mean, the two Kevins?
Because I was kind of at a rough week.
One of them might be meet Kevin.
No, no, no, no, no, no.
You're joking, right?
I don't know.
No, I don't know what you're talking about.
But, like, I can't think of any other Kevins.
Well, yeah.
Well, I mean, I'm just, that's why I was asking.
I mean, I was thinking Kevin McCarthy.
What?
I mean, is that possible?
I mean, huh?
Yeah.
I'm just trying to catch up, to be honest.
So do you do a lot?
Do you do spaces a lot?
I used to back.
Yeah.
I used to have tremendous spaces.
Yeah.
Yeah.
But things change, you know, I used to have tremendous spaces. Yeah, yeah. But things change, you know.
I just go with the flow.
You just don't like doing them anymore?
Well, I don't really have a reason, to be honest.
And then, you know, the blue checkmark thing, I don't pay for one.
I refuse to, kind of just by my own choice.
Kind of just by my own choice.
I don't want to say anything bad about Elon, but let's just say we don't agree politically speaking at all.
I'll take that back.
Philosophically, we don't align philosophically. And I think that's just due to the fact that I was born here in America. This is my culture. And I don't know what his culture is, to be honest. So that's how I feel about him and what he's doing and monetizing speech. That's not free speech, you know, in my eyes.
Okay.
I can see that philosophical reference.
Yeah, exactly.
But he also doesn't owe you anything.
No, no, no.
I'm not asking for anything.
But yeah, you know, John Gulls.
I mean, I got to stick to my guns.
No, I mean, I hear what you're saying.
You know, free speech is like, it is, it's a tough, this is a tough, you know, conversation
to have because free speech isn't, you know, not all speech is free, obviously, right?
You can take the extreme examples of like child pornography.
You're not allowed to transmit that.
We've all agreed.
So we all agree there are certain limitations on speech but political speech should be protected and i think elon's trying to toe a line
and run a business right because if he doesn't collect well yeah that's the whole thing if he
doesn't collect it from users then he's dependent on advertisers if he's dependent on advertisers
there'll be influence on his platform.
Like I said, I'm not criticizing.
I didn't want to sound like I'm criticizing.
No, it's fine.
I think it's a fair
great view to have.
He has to do what he's got to do.
$44 billion is a very
high price tag, and now it's valued.
Yeah.
I don't know what the valuation is because it's a private um you know he has to do what he's got to do right
it's crazy he bought he spent 44 billion dollars or whatever to buy this company
and even if he ends up losing the entire 44 billion it's just a blip
i think he still owns the banks a little bit. But, yeah, it's just a few billion.
But it's like he, oh, whoops.
It's like he just stumbled on something walking down the sidewalk.
Like, oh, what was that?
Oh, $40 billion.
But you do bring up, you know, basically the crux of the matter is that, you know, there's operating costs. It's not like you just buy it and just like, okay, I own it.
It's like an old Ford and you just like own it.
No, no.
It costs a lot of fucking money to run this shit. And you know, I'm,
I'm thinking that he said it was operating at a loss before.
So it's probably operating at a bigger loss.
So it's basically more F you money on his part is what I assume.
And even if he has to pay, let's say, I don't know,
like $500 million a year, just, you know, eating away at his wallet.
It's better $500 million than a billion.
You know what I'm saying?
Well, ask yourself this.
Let's say your annual marketing budget is $500 million.
You know, maybe he can justify, you know maybe i'll just buy a one of the most
important platform in the media and i only need to market on there i don't need to do any more
marketing except for owning x and pushing my ads out to my users and control you know like he might
just see it as a business expense for his other well i think he thinks it's an expense just for
you know for him himself i mean he can literally do whatever he wants.
Right.
Right?
So why not?
Right.
And for his own entertainment.
Yeah, that's part of it.
That's half of the value of his own entertainment.
Unfortunately, he's proven that with the Fang
and he slid into Fang's DMs.
Like, you want to have my baby?
I mean, it's like, all right, you know.
Hey, dude, I'm not going to criticize. It's like do whatever you want do whatever you want i mean ashley sanclair oh
tiffany st claire had his baby too i mean it's like crazy it's crazy man that is weird it's yeah
it's like you know you know you can't you really can't criticize these billionaires you know they're gonna do whatever the hell they want and it's just silly to just like like what a weird but his fetish is
like he wants prominent people to have his children and like it's like it doesn't even
bother him if they could publicly come out and try to get out here because it's like it's like
the ultimate uh subservience to him.
Have my child. I'm not even going to care about you.
I demand
you have my child.
Fang turned him down. She didn't want the Elon money.
And I don't know. Ashley was
saying some shit.
I don't know. She was getting pretty
mad and she pretty much
said, alright, that's it.
I hate Elon now because he's
not giving me enough money i don't know exactly what her deal is but yeah dude it's not i don't
know man look this is problems we'll never have to worry about right oh no no like going to the moon
and then it's a million dollars.
Is it a million dollars?
Oh, man.
There was a funny post this week.
This guy was like talking about, you know, somebody posted like, oh, in 2010, if you'd spent $100 on Bitcoin, it'd be worth $2 billion today or something.
He's like, OK, yeah.
If you saw it go, you know, your $100 turned into whatever, $2.7 million and chose not to sell it.
And then you watched it go all the way back down to being worth $5,000 and then back up to $20 million.
You still didn't sell it.
He just kind of gave the math of the fluctuations in that.
It's so ridiculous.
Well, you have to...
These people, even if everything goes to a certain price,
you're going to let...
You had to be able to custode...
I mean, it was much harder to not get screwed in 2013. I remember mining Bitcoin and
it was just so archaic. I mean, you couldn't really kind of be semi-secure until after
Mt. Gox. I'd say like what, 2017, there were start to be some options where you can kind of
be safe, you know, a little bit with just holding it and not losing it to some type of, you know, incident, if you will.
But yeah, I mean, it's like, it's easy for people to say back in the Silk Road days, like, oh, yeah, you should have just held on to your Bitcoin.
But shit was so much different, you know, it was so much different.
There was no Robin Hood. You know?
Yeah, I don't know.
It's funny.
I got a buddy who's been in this.
Fuck, he started buying in like 2018, but he just doesn't use it.
He's fucking technologically retarded.
And he's like, calls me the other day, and he's like,
hey, I wanted to move some coins from coinbase to nexus wallet
like you know how would i go about that i'm like dude you've been into this shit for seven eight
years like he's just never bought like when i say into it like he buying and he's excited about the
market and he moves his money like i'll help him move down to a ledger i'll help move it here
whatever but it's like how can you engage in this and not even
know how this shit works at all like my sister was doing that she'd move between exchanges
but like when i talked about well just putting a wallet on your phone and download it's like it was
it was crazy to her that money could not be on the exchange and i don't know how we get past this. I don't know how to get people convinced. Honestly, I never was into the past, you know, the ledgers of the old.
There's just so many, too many things.
Oh, you're going to put one in your safety deposit box, put another one over there,
and passphrases, blah, blah, blah.
No, no, no.
Look at Lark Davis just did a, there's this one ledger that actually I think is actually pretty awesome.
They just came out with it.
I forget what it's called.
But if you go to Lark Davis's YouTube channel, he did a full review on it.
And it's just so seamless, man, with your phone.
No fingerprint or anything like.
Oh, actually, I think it has Touch ID.
Yeah, I think I think it's touch id for your
fingerprint um but other than that everything is so seamless you don't have to worry about
shit there's like automatic backup in case you lose your phone or you lose the ledger
you still have a backup it's actually pretty cool um so yeah that's gonna work out pretty good but if you go fast push fast
forward on the timeline of you know how this is all gonna unfold um what happens when apple
puts a ledger inside of ios it's game over and anybody who didn't get into cryptocurrencies and
decentralized finance is going to be scrambling.
They're going to be like, oh, shit.
Oh, shit.
And look, Tim Cook was in the White House today.
You know, I mean, people are just like you had like you had seven, eight months since
the announcement, like since Trump won.
And he's the crypto
administration crypto czar guy and
Besant and all these people are so pro crypto David Sachs
It's like it's like there was so much opportunity here and now honestly if
Anybody is still talking shit about how to centralize finance is like just a scam or something It like, what are you guys smoking? This is the,
like BlackRock wants to tokenize all the stocks on the NASDAQ. You know, I mean, it's just like
incredible to me that people are still sleeping. And, you know, honestly, it's still, it's still
opportunity. You know, I think these levels are still still viable for sure. So.
Stack them up while you can.
Oh, yeah, shit.
That was a good commercial.
No, that's good.
Oh, no.
In a good way.
It was like, what do you think?
What do you think is going to happen?
I mean, look, my father owned a retail store for 40 years,
so I know how much he was paying the credit cards. Every business pays 3%. American Express
used to cost the most. I don't know if it's on average now, but credit cards are taking a fee
for being the middleman, right? The clearinghouses are taking a fee for closing out all the stock trades. Everybody who's not part of those entities
wants to see change because it's better for them.
And lucky for us, BlackRock is on our side, right?
Yeah, of course.
Yeah, always.
All hail BlackRock.
I didn't mean it like that
because they definitely are enemy in a lot
of respects.
Just think about
any major retailer, Walmart,
Amazon, etc.
Right now,
Newegg has been
accepting Litecoin since
day one. Newegg has always
been accepting of
Litecoin
and nobody's really using Bitcoin too much
for going out to dinner.
But Litecoin, they'll use Litecoin to go out to dinner.
You know, on BitPay, I just looked on BitPay,
you know, they give you a lot of statistics
about the spending.
And what was surprising is that purchases on Bitcoin
on average were $1,000.
Purchases with Lightning Network was like $90.
And purchasing with Litecoin was $70.
So the smaller transactions, the everyday transactions, is what people are using Litecoin for.
Only people who have a ton of money can afford to buy either buy and probably a thousand
dollar credit card or cash cards, right? $5,000 Visa cash card. But for actually using them for
things in your daily life, it's Litecoin. Yeah. And I think the stable coins plays a big part
into it too. So the stable coin legislation passing, I mean, it's done. We're, we're past
that hurdle now the
next uh big bill is to be market structure bill and that's gonna be a little bit harder
but that should hopefully be done by like the end of the year um and yeah that's gonna be huge
that's gonna be huge that's that's when we're talking about like tokenization of stocks and um
you know robin hood i think is gonna play a big part look
at Robin Hood stop oh my god it's like over a hundred bucks now it's fucking crazy man I was
like looking at it when it's ten bucks and I was thinking that I should buy it I really fucked that
one up damn oh well but yeah Robin Hood's not going anywhere. And everybody loves Robin Hood more and more.
And it's easy to see.
And, you know, I think they're – don't quote me on this, but, I mean, I read this.
I don't know why more people aren't talking about it.
But they're going to be using Arbitron to basically tokenize their stuff.
I don't know.
Who's doing that? Robin Hood?
Yeah, that's what i heard and then like you
have ondo is you know um blackrock's really hip on uh chain link and ando i think i don't yeah
the rwa stuff honestly it's a little bit unclear how it's going to play out but you know all these
all these things are going to happen i mean i, I always when I talk into my old man, because, you know, he's real ignorant.
Right. He's like 80.
I always try to explain to him.
It's like, you know, you're sounding like, you know, it's like, what do you think?
We get up to a certain point in time and all of a sudden like, oh, that's it.
We're technologically advanced as much as we're just
gonna stop right here right or um oh john gall oh yeah speaking right now i'm like what are you
just gonna seize the means of production or seize the means of technology right that's because
that's what i'm not gonna name the political political party, but. Ooh, to seize me.
To seize it would be to stop it.
Well, to take control of it.
Not always take control.
But like if your brakes seize up.
No, no, to take control of it.
And the worst, well, the best example of somebody who's so anti us is Elizabeth Warren.
I mean, look at her. Every turn, she's been out there saying that what we're doing is wrong and it's bad and it's going to ruin everything.
She works for the bank at the time.
She is in the pocket of all the banks.
It's crazy.
And she's been propped up since like, remember when she used to be on the Daily Show and do interviews as a professor before she was even a senator professor yeah yeah she got popular because she would go on
you know pbs and always give very passionate interviews and she ended up running for
senator yeah remember she was a professor because she was yeah no it rings a bell
one 256th native american no it rings a bell. One 256th Native American.
No, it rings a bell.
I'm not totally surprised, but I definitely am not an Elizabeth Warren historian, if you will.
Well, that's just how I remember her coming into the room. No, sure, sure.
And she's always been, yeah, she's just been a socialist, and it almost feels like one of those people that's been propped up because she's well she's not even a socialist I mean she's not a socialist because she's so in the pocket with
the banks how could she be a socialist well the banks want well that's true that's true I guess
that's the way you apply the word socialism no for sure no no we agree government government
protection which is why you have to have AML and KYC to engage with any sort of monetary
platform because the banks put those things in place as a barrier to competition.
They want a lot of rules so that, yeah, just like getting a license to cut hair.
You know, you have a license to write a loan, you have a license to own a bank, you got
to apply for a business license, you got to pay a license to write a loan. You got to have a license to own a bank. You got to apply for a business license.
You got to pay all these fees every year, taxes, to be allowed to run your business.
And so banks get a monopoly.
That's socialism, you know?
That's all I'm saying.
You know, you're correct.
But, I mean, I think that, I think that these socialists, it's like, man, I don't know exactly what flavor it is
these days. Is it more towards communism? Is it more
towards laissez-faire socialism? It's kind of
hard to say. Everybody's got their own little kink, it seems.
They're all fucked up in that.
Animal brought up actually a socialist point we
kind of glossed over earlier about preventing people from buying houses with so animal once
you explain your sorry yeah i'll say it but um i'm going to take off actually after this
yeah um yeah like what if uh what if there's some kind of a law limiting people to buying one house per person in the family?
So you have a couple of kids, each of them has a house and you leave it at that.
If you want to invest more in real estate, you can buy a bigger house, but you got to sell one of them.
I don't know. I don't think even like the really wealthy need more than that well how who what made you um come up with that thought i'm just kind of curious where that came
from uh well just because here where i'm living there's a lot of people that just buy a bunch of houses, you know.
A lot of people, like when I was first getting into Bitcoin, people were like, well, you know, I don't like Bitcoin.
I've got this triplex and I've got this other building over here or this other house.
And, you know, I'm just buying, I'm just collecting the rent on it. You know?
So people, I mean, prior to Bitcoin,
that was what people would do, right?
If they wanted to hedge against inflation, they would buy property.
A lot of people don't really mess with the stock market.
They might have some mutual funds and stuff like that, but you know,
day trading and stuff, finding like a good company, it takes takes it takes a lot of skill to make those decisions right uh successfully and for most
people it's it's akin to gambling um so people want to invest in something that they know will
retain its value you know for a long time i guess that was gold and land
right
so yeah
yeah but that would be like
completely unforceable
and also you have entities like BlackRock
who are buying up
as many single
dwelling homes as they can
but they bought a
fuck ton during COVID right but where'd that money
come from
is that capitalism is that or is that well i'm not saying that it doesn't suck for the rest of us i
mean because obviously if you're under the age of 50 right um then you're gonna probably still
be renting i mean of course i know lots of people who are 40 and they, they're, they're homeowners.
Um, but yeah, I mean, I don't know many homeowners who are in their twenties or their thirties and
that's not right. I don't think that it's fair to you guys at all. I mean, don't, yeah, don't,
don't mix up what I'm about to say, which is, but how do you, you know, how do you control, you know, how do you
put this whole like rule into place? And then you start, you know, going down that slope.
I don't have all the answers. No, I mean, look, it's, I definitely don't. I don't know how to fix,
fix that. I mean, I think, well, actually, no, I mean, I do have the philosophy to fix it. I just
don't know if it'll work.
You know, basically, you know, you get rid of all the problems that have led us to this point,
which, you know, obviously high inflation, you know, we've got to bring inflation down. And you just got to bring bring opportunity to people and all these economic ways.
You just got to prop up the poor and just
have people make more money and it's all possible it's just it's like basically
doing the opposite of how we got here and not to bring politics into it but
there's no other way around it but you know that was basically the policies of
certain administrations of the past and I think that you know, that was basically the policies of certain administrations of the past.
And I think that, you know, maybe even some Republicans are guilty of, too, to adding to that problem.
So, you know, we're not we're not we're not done.
We're not dead in the water.
I think there's a lot of hope and a lot to be optimistic about. And I think, I think things can be a lot better and
they might very well be. So, you know, it's not going to happen overnight, that's for sure. But
that's, that's what I want to see. I want to see, I mean, I want it for myself too,
you know, I would like to buy a new vehicle someday, don't, I don't want to be driving my 20 year old truck like the rest of my life.
Right.
You know,
I always think about that.
Like how much,
let's say you suddenly were,
granted 5 million bucks.
How much of your life would change?
Do you think you would dramatically change?
Are you pretty much the person you're always going to be? I probably wouldn't go to bed
right now.
It is almost midnight, which is probably an hour
past. I'm about to turn into pumpkin, guys.
Yeah.
Yeah.
Adam, answer the question before you go.
What would change my life?
Yes. Would it change your life?
Five million bucks. Yeah, for for sure i mean uh would you would
you quit working you think i'd probably spend more time with my father yeah i would probably
quit working at least for the for the company i'm working for now right maybe do something
yeah i'd hang out with my dad more yeah oh interesting
yeah I think that's a pretty
fair answer but for me
honestly I'm going to have to say
I wouldn't change very much
I have to say
but that's because I'm old
you know I'm old man
right
no I know you get like your
comfort zone and you go well what the hell else am i gonna do
well you understand those old guys are like well i feel all right i can keep working
they're like 72 and you're thinking why aren't you quitting they're like what the fuck else am
i gonna do oh my parents are still working i mean it's yeah i mean i don't know i just feel like you
reach a certain age i think it's different for everybody. It could be 40, it could be 50.
And then you're just like, you are who you are, you know,
and you're probably going to have those values for the rest of your life.
I figure, I don't know.
Right. Right. Yep. True.
Hey guys. Hey.
All right. I'm with the animal. Yep. Let's, let's cut it off.
So it was good, good at being back and um i don't plan to be out
of town for a while so hopefully we'll have another one next week pleasure to meet you by the way
just to let you know um i hopefully i'll see your space because i'm following you um but i had to
actually this is like totally just random i just i i didn't see any spaces like they were just all just off-putting bullshit so i typed
in litecoin and that's the only way i found the space it wasn't listed or anything so i i mean
yeah no what yeah well i just oh you're saying well it wasn't up above you you mean yeah it
wasn't like no it wasn't impossible like i had you were just searching random yeah i just had
to search in the spaces for litecoin and it was weird because it didn't pop up and like i had you were just searching random spaces in the spaces for litecoin and it
was weird because it didn't pop up and like i follow robbie and robbie follows me so it's kind
of like huh like why like why wasn't even like listed up there so yeah i don't know what's with
this platform it's too fucking buggy but uh yeah hit me up up, man. Send me over. There's a bunch of freeloaders on it. Can't pay 12 bucks
a month.
Remember, John Galt is a bum, dude.
He's begging the whole
story. He's got his tin
cup out. Hey, who's John
Galt? Who's John Galt?
Alright. See you later, man.
Have a good one, fellas. Take it easy. Bye-bye.
Bye. All right. See you later, man. Have a good one, fellas. Take it easy. Bye-bye.
