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Jan FIRED | The Ordinal Show
Recorded: Aug. 6, 2025 Duration: 5:31:18Space Recording
Full Transcription
Music Thank you. I'm going to go. It's not in the way that you hold me It's not in the way you say you can
It's not in the way you've been treating my friends
It's not in the way that you stare to your hands
It's not in the way you look or the things that you say that you do
For the life
Love isn't always on time
For the life
Love isn't always on time.
It's not in the words that you told me.
It's not in the way you say I'm mine.
It's not in the way that you came back to me
It's not in the way that you came back to me.
It's not in the way that your love said would be
It's not in the way you look or the things that you say that you do
Oh, the line
Love isn't always on time
Oh, oh, oh
Oh, the line Always on time. Whoa, whoa, whoa.
For the line.
Love is always on time.
Whoa, whoa, whoa. so It's not in the words that you told me It's not in the way you say a mess It's not in the way that you came back to me
It's not in the way that your love said it's me
It's not in the way you look for the things that you said and you do
It's all the lies
Love isn't always on time
For the line
Love isn't always on time
Love isn't always on time
For the line
Love isn't always on time.
Love isn't always, love isn't always on time.
Love isn't always on time.
Love isn't always on time.
Love isn't always on time. Love isn't always on time.
Good evening, Bitcoiners.
That's right, you're here at the Ordinals show.
I'm Trevor.BTC, man, new partner of the Bitcoin Frontier Fund and co-founder of Pizza Ninjas.
And I'm here with my co-host, the king of Bitcoin, Sparta, Leonidas, our in-house entity history expert and co-founder of Pizza Ninjas. And I'm here like a host, the king of Bitcoin, Sparta, Leonidas,
our in-house NFT history expert
and co-founder of Org.io.
And I am super excited to be here, guys, today.
And I'm glad that you're all here with me.
I have pinned a tweet at the top,
letting everyone know that we're live.
Please take a second,
look at the tweet,
the post at the top.
Give it a like,
give it a retweet,
show us some love for the algorithms
and walk more people into space.
Also smash that purple button
in the bottom right-hand corner
with your comments and questions.
Throw some GM and LFG posts in there.
We'll read your questions throughout the show.
Don't forget to follow the Bitcoin Ordinal Show
on X at the Ordinal Show.
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as well as the condensed version of this show
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So you never miss what's happening
on the leading edge of Bitcoin.
And with that, I'm going to turn to Leonidas to introduce today's show.
Is he there?
Yo, I'm back.
What's up, guys?
Trevor, can we get an intro for Jan?
I missed Jan's intro.
It was sad not hearing it.
I mean, you've listened to this show 50 times, and you still can't say his name right.
Is it Jan, Jan, or Jan?
Anyway, he's a CSO expert, so my man with the plan.
All right.
Good stuff.
That's proof that Trevor doesn't have a pre-recording, guys.
This is Trevor's voice.
It just naturally sounds that great all the time.
Guys, how's it going?
I've just been catching up, getting back on the line.
Kind of just scrolling through Twitter for the first time as of like 15 minutes ago.
And yeah, excited to chat here.
I'm just super pumped for, I know we kind of teased everyone last Wednesday with Dylan
and Diego kind of coming on at the end there.
And now we have them back to have a proper discussion.
So I'm very excited for that.
But yeah, in general, how are things going, guys?
How are we doing?
Man, we're recovering from your absence because for the past two days, everything that I see on my TL is like, hey, has Leo pulled Satoshi again?
You know, so kind of recovering from your absence.
The Doc Army is not the same without you, man.
You know, it is just facts.
So, but other than that, everything is great.
I'm feeling good.
Just woke up like 20 minutes ago.
So I'm, I probably still need to get some matcha to get me going, you know?
But otherwise, let's go, guys.
Leonidas, welcome back, brothers. Good to have you, man.
Yeah, look, it's good to be back. I feel like, yeah, I should have given a better heads up.
I'm kind of dipping. I scheduled a tweet to go out Sunday morning, like in the middle when I was going to be offline.
scheduled a tweet to go out Sunday morning, like in the middle when I was going to be offline.
But yeah, yeah, yeah, yeah. I was mostly for like four days there, mostly not around. I reposted a
bunch of stuff on Saturday morning, but yeah, I'm just like replugging in. It's crazy how much
stuff happened, how quickly, like four days isn't really that much time, but a lot of shit happens
in this space. So Trevor, what's like, what's's been the biggest crypto Twitter drama in the past four days?
I feel like I've missed way too much.
I don't know.
I don't think there has.
I mean, I don't pay attention to the drama.
You know that.
I mean, I think the biggest thing that happened this week is the Ibiza final boss guy.
Did you see that?
Wait, what is this?
You didn't.
Okay.
Yeah.
So you're just back.
So you didn't see this. Dude, you're just back so you didn't you didn't see this dude i'm just
getting back online dude i'm i've been doing like word.io stuff all morning like like company stuff
that's like unrelated to like what you guys see so um i mean we should also point out that logo
got listed i'm opening x for the first i'm opening x for the first time is my point yeah that's
another i mean yeah the two main things this week so far is like Lobo.
Kraken listed Lobo, that's one.
Wait, okay, see, I did not know that.
That's awesome.
Okay, okay.
Cool, cool, cool.
I didn't know that.
He just messed up on the logo, though, really bad.
The logo of the Lobo is all bad, man.
They used the base logo for the Lobo, but they fixed it now.
But it's kind of funny.
They used the base Lobo logo, which is kind of funny.
Wait, there's another Lobo?
On base.
Yeah, on base.
Yeah, that's interesting, huh?
Yeah, they kind of fucked up there.
We've had issues with this at some exchanges as well with dog.
There's like a, like apparently, so I think I'm going to get this right.
The Dogecoin creator used the meme of a dog to make Dogecoin.
The owner of that dog is not the Dogecoin creator.
is not the dogecoin creator the owner of the actual dog who took the photo of the dog that
became doge on online sold the rights of it to another group of people and that group of people
created a meme coin called dog it's not a very successful dog but it is a dog and that's been
like that is kind of i'll be honest it's kind of confusing having multiple tickers. Maybe Casey was right.
We should have done unique tickers.
I don't know.
I don't know.
Let's let's keep the comment moving here, though.
So Trevor, it sounds like in general, nothing like too nothing like too insane or too crazy.
It's like pretty smooth, pretty smooth couple of days.
Yeah.
Nothing too crazy.
I mean, what is it?
Is Bitcoin Bitcoin kind of dip has been on a dip recently, right?
We're down to, I think, 113 was last night.
Let's see.
We're 115, 116 this morning, I think.
Nice.
So we're ranging in the 110s.
And yeah, it's nice to see Kraken is listing more runes.
And then, of course, since you haven't been on social media for two days,
you missed the Ibiza final boss guy.
That's been the thing.
That's still – I'm shocked that – I think it happened on Monday, but I'm shocked.
Man, I missed it too. I don't even know what it is.
Wait, what is it? I don't even know what it is.
Wait, wait, wait. What is it? I know what Ibiza is.
It's like a video of this guy partying in Ibiza
who has the most retarded mushroom haircut that you've ever seen.
He's literally dressed like a walking meme.
I don't know.
I thought this would kind of disappear yesterday, but it's still going.
I just found a picture.
Yeah, it's pretty cool.
I can see it's a good meme.
Good meme.
Okay, good stuff.
All right, we can stop talking about me getting caught back up.
I want to actually have a conversation here about something meaningful.
Trevor, I know you're a little bit maybe more looped in on what Bitflow is doing.
Maybe you want to introduce these guys. Obviously, it's not their first time on the show, but
maybe kick off this segment for us. Yeah, sure. Actually, I mean, I'll just pass right over to
Diego and Dylan, guys, if you want to kick it off and introduce yourself to the audience who
may not know you. Tell us a little bit about Bitflow. Yo, what's up guys? Yeah, thank you for having me. We did do a little
bit of a teaser there at the end of last week, but happy to do a little bit of a deeper dive here
for you now. This is the coolest stuff we've ever built. It's the HODL MM. If you're not familiar
with Bitflow though, just so you know, we are building the best decentralized exchange
for Bitcoin DeFi. And yeah, the HODL MM really takes things to a whole new level. This is
bringing concentrated liquidity to the Bitcoin ecosystem. Not all concentrated liquidity pools
are built the same, by the way. We can get into that a little bit but um yeah long
story short this means like uh more yield like zero slippage trades uh more tokens and um yeah
i think uh a much like much more realistic path actually to uh the transition between uh like a
fiat standard and the bitcoin standard so we're're, yeah, I mean, we're pumped.
This is really cool.
Awesome. Diego, do you want to jump in?
Yep. How's everyone doing?
Good afternoon. Good morning. Good evening.
Good to be back.
We are excited.
Dylan didn't explain what HODLMM stands for,
but it's high throughput order book style decentralized liquidity market maker. And what the fuck does that mean?
Yeah, say that 10 times fast.
from zero to infinity, right?
And most of it just sits in a pool unused by traders.
Therefore, you're not making any money
and also you're generating a lot of slippage
for traders as well.
With concentrated liquidity,
there's a few models out there in the market
that allows you to concentrate, you know, add liquidity to specific
places or specific bins in this case, where trades are actually happening. So it's a mix of the
order book, right? With the AMM. So you have a bunch of small bins, which are think of the
micro pools, and these micro pools are holding on assets.
So basically I'm saying I'm willing to sell my dog for Bitcoin only for five sets.
And then on the next bin, I'm willing to sell my dog for Bitcoin for 5.2 sets and so forth.
Right.
And then they have different bin spreads.
And then the price action discovery happens between those bins.
So if you have enough liquidity within the
bin, for the trader, there's zero slippage because the AMM is treating this like an order book.
You're saying, oh, I'm willing to buy a dog for five sats and here's my Bitcoin. The order goes
through zero slippage, right? So there's multiple benefits to that as well. But with volatility,
So there's multiple benefits to that as well.
But with volatility, which is normal in meme coins and, you know, most of the market, that's actually, you know, good because it allows you to move.
You know, it is a double edged sword, by the way, because you do have to manage, but it allows you to move in and out of specific price gaps.
So you say, hey, now it's a dog is at 10 sets. So let me move my
liquidity towards 10 sets. So I think the dog is going to hit all time high, let me move it to,
you know, 15 to 25. So there's a lot of strategies that can be done. But the main goal for I think
one of the main things for me, or liquidity providers, is that because you're concentrating liquidity within
a range of price range you don't have to deploy as much liquidity so you know the numbers vary but
10 to 15x less liquidity because you're just providing a specific range you're saying i'm
only willing to sell within this range where most of the activity
happens. We did a post, which there's a bunch of analogies that we can think about,
but imagine like you're watering a whole football field and you don't know where flowers or plants
are going to grow. Where this HODLMM, it's kind of like an advanced irrigation system that is watering just the places where plants are growing.
Right. And that gives users more benefits. It gives LPs more yield and higher, you know, higher fees, basically.
So there's a bunch of ways to play around with it.
ways to play around with it. Even if you want to start single-sided liquidity and you want to start
buying dog or you want to start selling Bitcoin, you can choose the price range that you're willing
to do those trades and then just let the AMM do the work. It's kind of like putting a put or call
option as well. There's a bunch of stuff that we can go in, but it enables advanced trading tools
that are used by market makers so that anybody can play around like market makers.
Okay. Yeah. So what is happening, I guess, in the background and how is this different from another like a normal AMM?
What is the main difference?
Well, have you guys used like a Meteora or have you used a like trader Joe,
anything like that? Yeah. That's, uh, if you're, if you're familiar with those products, then
like that's the user experience that you can expect. Um, like, especially on, on stacks with
the, uh, the transactions times like going down, right. For someone who hasn't, I'm sure we have
people in the audience who haven't heard of those. You want to just break it down without that reference?
Yeah, I can try to.
I would say if you've ever looked at an order book, that's what this is.
This gives you the institutional level tools.
It's very easy for machines and APIs to digest
the numbers, which
is actually very important when you're trying
to think about markets that are priced in BTC.
If you think about
what's the price of Tesla in USD,
you might know that, you might be tracking it,
but unless you're a crazy
quant, you're probably not tracking that
denominated in BTC.
Just for our brands, it's too many decimals to deal with.
So this order book style AMM gives you all the precision tools that you need to determine the prices where you want to provide your liquidity.
where you want to provide your liquidity.
So it's very, very powerful.
So it's very, very powerful.
But then our UX is, you know,
more for someone who wants to show up
and do like an automated strategy, right?
And they're not thinking,
I think people naturally want to think in shapes, right?
Like more so than they want to think in numbers.
So like, do I want to provide this liquidity
over like a bell curve type of shape around the market price do i want to provide this liquidity in uh like a
very flat distribution a uniform distribution right like the just like a flat cliff basically
right and when it's gone it's gone um so you have like so many different tools you could do like a
like a you know a v shape so like an upside down bell curve if you wanted to um it gives you lots of tools but we make it easy
to think in shapes uh that way yeah i mean you can really you can have you know markets that are
denominated in usd like most of them are today but you can also have markets that are denominated
in btc i think that's been you know one of the main challenges for, for, uh, for getting
these types of markets set up.
Um, but you know, the, the other factor here is like, is like profitability, right?
Like market makers are, you know, they're like the, um, like the lifeblood, um, uh,
you know, of trading, right? So um uh you know of trading right so like you know for providing
liquidity so like they're gonna go where the liquidity is right and it's still pretty untapped
on bitcoin to put that btc to work um but yeah i mean our models show that if you you know you
backdate a strategy where instead of borrowing against like UST, like US treasury bills, I mean,
you know, which maybe earn you like 5% a year, right?
If you're borrowing against your Bitcoin instead,
and then you're using that capital to market make
and like a neutral strategy,
like it's just going to vastly outperform in the longterm.
So yeah, I think in terms of simple, I don't know. I don't know,
Trevor, if I, if I gave you what you're looking for there, Diego has this analogy of like, you
know, butter on toast. He has another one for, uh, gardening, you know, like a full soccer field
versus like a very targeted, like irrigation system. Like, you know, you don't need to water
a whole, uh, pitch. You can just, uh, you can just water like a small little garden where
it's like gonna produce the most yield
what's up okay sorry go ahead man jump in no go ahead Leo I just thought that you
had your hand up bro so go for it I'll just ask it after it's fine okay okay um
yeah so this is am i correct that under the hood this is the uniswap v3 concentrated liquidity
uh situation correct like um like you're bringing that technology to stacks basically correct
it's yeah it's very close to that but uh it's actually uh better like you know not all
concentrated liquidity is built the same um so this is more like the meteora trader joe style
approach which uh like as long as there's like liquidity and a little concentrated portion right
like there's actually zero slippage like the prices are like predetermined right and you can
choose to like fill up liquidity
in these little bins.
And so as long as you're trading inside of a bin,
like the slippage is zero.
The price is constant there,
which is really, really nice for traders.
And then, yeah, like, you know,
you have the creativity and like the freedom
to like do whatever shapes that you want in the pool
with whatever tokens.
And I think it becomes a lot easier to visualize how you're providing liquidity
in a way that's very similar to Uniswap.
Their UX is, I think, much nicer than Meteora's and a lot easier to digest.
to digest so uh yes and that's that's what it sounded like to me it was like you guys are
So, yes.
Gotcha. And that's what it sounded like to me.
probably some of these tools just get very intimidating and it sounds like you guys are
kind of inner you're introducing like maybe a kind of new user experience around the interfacing
with it so that it's not this like crazy thing to provide liquidity using this.
Because it's actually, I really like, I don't think of it as super, super complicated.
You're just basically listing tokens at some certain price or something.
It's not like, it's not that crazy of a concept, but I mean, it's obviously extremely powerful.
And I think like pretty much all market making is preferring this and heading in that direction because it uh just allows it allows you to do
a lot more and you kind of don't have as much of this risk of okay i'm just gonna provide to this
kind of more simplistic liquidity pool but um i could end up like losing all my tokens or this
sort of a thing do you know like does this exist on stacks like is this the first time stacks is getting this
tech because i i imagine it's like pretty exciting for the stacks eco to have this um right yeah as
far as i know this is going to be the uh the first uh the first concentrated liquidity on stacks and
on bitcoin as well um but yeah i mean really we've you know there's a lane for us here i think in um and expanding
bitcoin markets like that's been our focus um like you know like hyper liquid for sure is dominating
it's like the usdc uh perps and like they're expanding the spot right but you know um like
our thesis is basically uh you know you you you have market makers have inventory risk when they're pairing against USD, right? And it's actually significantly more profitable if you are market making with the assets that you want to hodl, right? That's the name.
BTC definitely being one of the assets that you want to hold.
And whether it's tokenized equities or your favorite meme coin or governance token or whatever,
if markets are ripping, it makes sense to market make with BTC.
If markets are going sideways, it makes sense to market make with BTC.
And then when markets are tanking, you might want to borrow USD instead and market make with that.
That, I think, is a strategy that is going to perform very well for people.
And yeah, I think our job at the API level is to make it very easy for more institutional partners.
And then at the UX level to make it so that anyone can become a market maker.
Okay, very cool.
And I know that Stacks has some pretty cool custom.
I believe you guys created... It has its own smart contract language and some pretty cool
custom stuff that Muneeb did. You had to obviously do a bunch of custom stuff here. Did you get
audits for these smart contracts? This is not like when somebody from some evm chain comes over and like really what i'm hearing is hey we copy
pasted this contract from this place to our you know version of evm or whatever that's not what
happened here i assume you guys actually had to do like quite a bit of engineering work
um there's security risks like this is a pretty pretty legit situation um yeah like tell us about that process
like how long was this in development um what's what are things like with audits and security and
that sort of stuff like anytime you build something like this um you know yeah like basically it's uh
yeah some serious engineering work you guys i imagined it yeah no doubt i mean i love to talk
about that stuff i don't know if the audience wants to hear it but um yes it definitely was not just something that we copy pasted from ethereum
it's its own programming language you know um it goes through our infrastructure goes through
several audits um and yeah I think um I think probably people care more about like what is
this going to do for them and I think it it like this is something that can really spark the expansion of Bitcoin markets, BTC denominated markets.
And like sort of our, I guess our beachhead here where we're trying to start is with USD and BTC, right?
The like starting off being like the best place to dollar cost average into Bitcoin. People have
already loved the fact that you can take Bitcoin, native BTC on our platform and dollar cost average
into dog. Shout out to the dog army. I know that Diego has been sharing a love on that feature,
and I think it's been pretty well received. um but yeah that also has its own you know automation components where we make it feel
very easy right you send one bitcoin transaction and then you have like this smart wallet working
for you in the background so um and all that has been audited as well like this is really building
on the stuff that we've been doing for uh the past couple of years that we've laid a very solid
foundation there and now it's about like leveling up bitcoin defy with like the uh the security the scalability like the type of infrastructure
with like an order book amm that it deserves for for bitcoin markets to take off uh i would say
kind of like the golden standard right now uh for that is maybe you know on Aerodrome, like with CB, BTC and USDC, right?
But, you know, like it's not always the easiest to onboard
and like you have to go through KYC.
So if you have something that's more decentralized,
you can start with native BTC, you know, bridge through SBTC to Stax,
but you're really sending BTC and it feels like, all right,
your SBTC gets meant to do your smart wallet stacks but you know you're you're really sending btc and it feels like all right your sbtc gets
meant to do your smart wallet and then the swap is handled for you automatically to uh to usdc
like that's that's very nice and um even if you start with usdc right like your swap is locked in
like right away and then you're just waiting to receive bitcoin on layer one um so hang on hang
on this is interesting because i think this warrants a little bit more explanation.
So like there is the liquidity pool,
a concentrated liquidity pool situation on stacks that has SBTC paired with
USDT, you said?
Well, I, there's like an all bridged version of USDC, but.
USDC.
Okay. Yeah. Okay. But it's wrapped USDC, but, um, USDC. Okay.
Yeah. Okay.
But it's wrapped currently.
Yeah.
Yeah.
It's,
it's wrapped currently.
I will say there's like a,
like a major stable coin that,
we'll be deploying on,
on stacks.
it's targeted for,
for Q3.
I don't know if I'm supposed to say which one,
so I'm not going to,
but hopefully it's not like the Eric Trump one.
but, uh, look, uh, yeah, yeah. So that, that makes, So I'm not going to, but hopefully it's not like the Eric Trump one.
But, uh, look, uh, yeah. Yeah. So that, that makes,
Oh, I know which one it is.
That J dog. Wait, how do you know?
Oh, I taught, I don't know if it's the same exact one,
but I'm only guessing, but out of respect for Dylan, I'm not going to say it.
Okay. Dope. Dope.
Or should I just say it? I don't know. Look, I don't, I don't know't know how public this is don't don't get like muni mad at us on the show or something but
um look there's this liquidity pool with the wrapped usdc and sbtc on stacks you're saying
i can come with my bitcoin on bitcoin l1 and basically do the do the transaction through
bitflow you guys kind of handle things behind the scenes, basically.
That's essentially what's happening.
Is that for the liquidity provisioning as well?
Yes.
Not on like the liquidity provisioning.
We won't have that on day one.
But yes, for trading, you'll be able to show up and do DCA,
limit orders, and market swaps, essentially.
With native Bitcoin, right?
Some of the other tokens that are on meta protocol standards, right?
Be able to do those.
Or you can start with tokens that are on the stacks layer.
And if you start with your bank and then you get some insert incoming token, a stablecoin, right?
And then you're able to trade that on the stacks layer for
sbtc right i think that um well like that that rate gets locked in immediately like stacks blocks
are like maybe five seconds now or less um so you're able to uh trade like in a way that's much
more high throughput than is possible on layer one um and you can always you know go back to layer one when
you're when you're ready so and the the smart wallet the keeper services help you automate
this process so that to you it feels like yeah you're just sending a layer one bitcoin transaction
it verifies the funds are in your smart wallet and it executes the swap that you've requested
okay okay very cool and are you guys working with market makers or have plans to work with
market makers i know that a lot of them will not even consider the traditional liquidity pools
that you know all of course want to use this concentrated liquidity way um i assume that
was probably part of the thinking of like putting in all the the kind of engineering work to actually
like build this out um is that eventually you guys can have like some very sophisticated market making around around bitcoin and and sbtc and
stuff so um yeah no situation there no doubt i mean like bitcoin is precious you know like
your hard-earned btc you don't want to put it to work in a pool where it's like just basic
you know playground sandbox level uni v2 uh, which is pretty much everything that you see in Bitcoin
DeFi right now on-chain.
So yeah, this is, I don't even know until 10 or 100x or whatever, the level of tooling
that is available for you.
It's very, very precise market-making tools that's very attractive to institutional players
so that they can come in and execute the
strategies that they're they're used to with order books um to maybe paint like a picture here of
like like i was talking about how aerodrome is like maybe the gold standard currently for this
um you know especially with institutional partnerships as well but they have uh their
their cbbtc usdc pool only has uh i think it's like 25
million in tbl in it right now so it's a it's a pretty low bar for us if our infrastructure is
like at least as good and you know there's no kyc to get started right like this i think it's
a very clear path for this to become the best place to dca into bitcoin um or to get Bitcoin into DeFi or out of DeFi.
So yeah, I think, and that 25 million in TVL, actually, they're able to do, I believe it's
two, yeah, they're doing like two times the volume of UniV3 for the same type of pool,
but they're doing it with a quarter of the liquidity.
So it's just like extremely capital efficient yeah man i feel like part of the reason why i love all of this is like
i think centralized exchanges definitely have their place but i'm like very excited for a
transition to on-chain trading and like decentralized open trading i just think it
fits the crypto ethos a lot better and especially the Bitcoin ethos and would love to just see more market making coming on chain.
I think like, yeah, like this is, this is absolutely the future. And yeah, you guys are like,
uh, in a, in a cool position to hopefully, I think it's like, yeah, like working with a market maker
to really beef it up and like prove this out, get people using it and then find some institution to come do this.
And I think there's money to be made there.
And I agree, like, yeah, Bitcoin's just too big of an asset for like the current situation, even with RAPBTC and the CBBTC.
We can do so much better than this.
Yeah, we should bring Bitcoin much more on chain.
You know, all these other assets, there is like ETH,
so all these things are like much more traded on chain.
BTC is still just, yeah, very behind in this regard.
And I think like you guys are targeting,
obviously massive opportunity,
obviously comes down to execution and stuff,
but the opportunity is there for the taking.
I like that you're focusing on that. Yeah appreciate that i mean maybe talk about some trends that
we're seeing as well that we think are going to be like a catalyst for growth here i think um
well we talked about how the the you know the sptc and you know stablecoin would be like our
first one but you know is that is that the ceiling or is it you know is it uh is it is it
credible that we can create you know more markets that are denominated in uh you know in btc and
expand there right um yeah so i mean some of the trends like where i think this is a nice opportunity
definitely you see more institutional btc accumulation with the the the treasury companies
like trying to scoop up as much as they can.
You see more real world asset tokenization.
So like with stocks going to, you know, coming online on Solana, you know, with, you know,
Arbitrum with Robinhood.
I think that, you know, there's definitely demand for these 24-7 online markets.
I think there's definitely demand for these 24-7 online markets.
Also, stablecoins just have really never been more popular either.
We have more pro-crypto regulation in the US.
You have banks that are all looking to deploy their own stablecoin.
But I guess I would say something unique here.
We think stablecoins are probably going to dominate the payment rails
for the next decade or so.
There's a lot of momentum there.
But payments does not equal markets.
There's a real inventory risk
where we think there's an opportunity for market makers
to be more profitable.
And the transition from like fiat denominated markets to BTC denominated markets can actually
happen like a lot faster than the transition to everything, like all payments being handled in BTC.
But it's definitely going to be profit motivated. So if our thesis is correct and more and more
institutional market makers are interested and they pile into it, we think this is a strategy
that, uh, can, uh, can scale pretty nicely. Um, and yeah, I think this, um, it would really be
great to see more like just like a more smooth transition to a Bitcoin standard. Some people
think it's going to happen like violently overnight, right? I don't know. That's not like my preferred path, but, um, so yeah, this is our way of
contributing to it. And I think, uh, you know, along the way, people will be able to earn more
yield with less, with less capital. Um, they'll be more attracted to bring more tokens to Bitcoin
standard, um, and, uh, or to, to different meta protocol standards, like whether it's on L1 or L2.
And yeah, I think, you know,
we're about to hand this thing over
for the remaining audits,
but I think you guys are really going to love it
when it's live.
How close are you guys kind of working
with like the Stacks Foundation?
I'm forgetting the name of the entity help me out here um
there's like a big entity it's kind of like the consensus for stacks um yeah there's a few i think
um they also just had this like new sip 31 proposal pass that uh helped co-author as well
um which sort of allows for a unified entity
for basically managing a new treasury on Stacks.
It's like growth stage capital
to help get some of the partnerships done,
to help you create the DeFi incentives.
So we definitely work very closely
with a lot of the different players in the Stacks ecosystem.
Diego and I, know i guess when
maybe when we got started like three years ago we're like kind of very much outsiders and uh just
um worked to help solve like you know one problem at a time for people in the ecosystem and the
product kept growing and developing and um and and it, you know, blossomed into what it is today.
Um, but, uh, yeah, it's cool.
It's cool.
I guess, uh, Diego just is like, think about, um, yeah, I don't know if, if outsider is
like the right word or whatever, but it wasn't like, uh, it was like, you know, I saw a tweet
about stacks, like, okay, smart contract for Bitcoins.
Like, what does that mean?
And then I wanted to dive in more and now there's a whole bunch of different l2s and um you know i think that uh they're very interesting but i like we really think the stacks
has a very solid shot um given like the upcoming catalysts with the state like a you know high
profile stable coin incoming and the defy growth incentives um the like the speed of the transactions that that occur
uh and uh and the security as well um like post conditions are something that are pretty
underrated but it's nice to know exactly what's going to happen with your transaction but like
otherwise it gets rolled back so i usually say that's like d5 for grown-ups and you know, adding on to that, we also have confirmed wormhole and axle bridges to Stacks, which is I think is a big catalyst as well, especially if these other chains are looking to, you know, pair up with Bitcoin and the Bitcoin yield that's being generated from the POX from Stacks.
And then one thing that Dylan didn't mention, but also it's obvious that AI agents are dominating trading from a market level, market making professional trading apps, but all the way to retail users on Solana, whatever you go.
machine to machine payments. We do expect that most of the trades, most of the volume is going
to happen between machine to machines, AI agents, AI agents. And then you plug that in with market
makers, professional trading tools, speed, institutional adoption. This is the infrastructure
that we need to bring Bitcoin markets to the masses. And I said this on the DOG Summit on Saturday,
Leonidas, Wall Street, Bitcoin does not need Wall Street. It's Wall Street that needs Bitcoin.
It's pretty obvious where the market is going and the reason that these institutions are holding
on Bitcoin for whatever, lending, borrowing. It's 54% average growth year over year compared to 8%
inflation on the dollar, right? And we don't want to lose to other chains that are so far away from
Bitcoin because we don't have the infrastructure to support these institutions. We don't have the
infrastructure to support market makers and professional trading tools. So the closest we can build, the better.
We don't want to be behind.
And what's going to happen is Bitcoin liquidity is just going to flow out and never come back.
And you see this with centralized exchanges.
Centralized exchanges are also complaining about the fragmented liquidity across Bitcoin, Bitcoin L1 and Bitcoin meta protocols.
I think we need to bring it home. We expect that
these AI agents are also going to help users trade and earn more Bitcoin because DeFi,
we're in this sort of bubble. We play with DeFi. We work with DeFi. But once we leave this space,
there's not a lot of people who want to spend their time day trading. That's not the reality. And if we believe in an AI agent world, then we know that we need
the infrastructure and that's what we're building. So it's pretty exciting to see,
like we're already seeing these types of tools being used on other chains and people with very
little DeFi knowledge being able to do
advanced trading that before was reserved only for market makers with the fanciest
billion dollar type of software. In other words, slap a little AI on it and it gets better.
I think people sometimes mix up automations and AI, or maybe they call,
maybe they treat them the same thing. But yeah, starting know like automations and ai like or maybe they call uh maybe they treat them
the same thing but yeah starting with the automations i think gives the machines the tools
uh that they will need um that you know to to like ingest more data and have context
uh to be able to make more decisions uh like uh you know smarter financial decisions i suppose but
yeah i think uh like initially getting the automations down is key and then it's you know, smarter financial decisions, I suppose. But yeah, I think like initially getting the
automations down is key. And then, you know, you can be having an agent like run a strategy for you.
Right. And before, again, without concentrated liquidity, like what would strategy be? Just
like adding and removing liquidity is all you could do, right? So yeah, like there was no.
Totally makes sense. It's an obvious piece of infrastructure. Stacks absolutely needed this.
The reason I was asking,
Trust Machines was the name, by the way.
The reason I was asking about
just the broader Stacks ecosystem there,
I feel like you're super aligned.
I know there was this big push for SBTC.
And if you want SBTC to be a success,
you need to have pretty bleeding edge
liquidity situation and automated marketing, market making. And yeah, I would
say like if Stacks didn't have concentrated liquidity, and now it does have the Meteora
style concentrated liquidity, I mean, I think that's like a huge upgrade. And it's like,
whoever's incentive aligned, whether that be trust machines or some other entities and Stacks
around SBTC succeeding,
you're definitely going to need this piece of infrastructure in place. And it sounds like you
guys are bringing that to the table and like, yeah, it sounds like there's some natural incentive
alignment there and you guys can work together to maybe get a market maker to do something here.
I don't know. It just seems like extremely obvious. And I agree. It's like, yeah, I think Ethereum,
wrap Bitcoin on Ethereum was very big for a while.
And obviously it's spreading to many chains
and there's the Coinbase version now.
And yeah, I agree.
Ultimately long-term, what I would hope here
is like Stacks and other Bitcoin L2s
are able to get closer and closer and closer
to the Bitcoin L1. And basically be more like other Bitcoin L2s are able to get closer and closer and closer to the Bitcoin L1
and basically be more like the Ethereum L2s are to Ethereum, which we're obviously not at today.
And like, that's the vision I can get behind. And yes, like it would be dope if, you know,
people traded Bitcoin on Bitcoin L2s. That would be pretty, pretty nice. I think that would make a lot of sense.
And it's like everything now is kind of like the proving ground for that huge opportunity in the future, I guess. Right. So I don't know, just, just my, my thoughts there around, like talk to,
you guys probably already know this, but like talk to the SBTC people, they need you guys,
they need your product, like for SBTC to be a success, I think like it's super important
that there is this kind of market,
automated market making on stacks.
So hopefully they can work with you guys
and do something cool
and get a lot of liquidity there.
Yeah, no doubt.
And I appreciate that.
And we talk with like the other DeFi founders
like every week
just to see like how we can support each other
and help grow.
I think like short term, like I appreciate that you called it, you know, obvious.
Like I do kind of feel like this is an obvious win, you know, in the short term with building up like this kind of tooling.
It's better for traders.
It's better for liquidity providers.
I think what's really even more interesting to me is like, is that the ceiling where, you know, where we're, we have deep liquidity on, on stacks and we help service like, you know, maybe liquidations for Granite or Zest and, you know, like the other Aave like platforms where you're borrowing against your BTC.
Or is it something bigger that, you know, we can strive for where like from fiat-denominated markets to BTC-denominated markets?
Sort of creating and popularizing that category and giving market makers the tools to sometimes market make with USD, sometimes market make with BTC, whenever markets are more risk-on, neutral, or risk-off.
Yeah, look, it makes sense.
This is cool.
I have a couple questions for you guys.
So is the way it works basically that I just provide BTC as liquidity and then your backend will route by liquidity to other to other tokens
that are profitable from a transaction view perspective or what how exactly is it working
behind the scenes well maybe we could just think about one pool for example like if you wanted to
do like uh btc and uh usdc or something right then um you know you can provide single-sided
Bitcoin liquidity if you want to.
If there's
no trading occurring over
the... If you provide it at
$1 million plus, that's the
price range, it's going to take you a little while to earn some
fees on that.
Or maybe not. Maybe that's bearish.
But yeah, I think
this is the base level infrastructure
that you can build more like vault
strategies on top of where
you could have different flavors of Bitcoin
if you want to bring more people over from
Ethereum. You could have
a WBTC and SBTC
pool that's like a stable swap
for you in a very trust-minimized
way. Bitcoin yield on Bitcoin holdings. is that kind of what you were uh getting at
not quite i'm still trying to understand like what the what the the flow chart is so it's like
i um like what step one step two step three are in in the benefit so basically if i provide
liquidity you're gonna like what are are you, what are you doing?
How's this better than just providing liquidity? Like,
like you said, like Bitcoin and USDC, like.
Hmm. I see. Yeah. If you, um, I mean, if you're market making,
usually you're, you're providing to both sides, but you don't have to. Right.
Uh, this, like this gives you like with uni V sides but you don't have to right uh this like this gives
you like with uni v2 you have to right but this is different you can like just think of an order
book like you're giving money to one side or the other side or both and if you're doing both it's
usually to capture uh the spreads from from trading fees and you know there's there's different ways
we can do like a neutral strategy with that that we can help support with automation but um yeah in terms like in terms of providing
just btc capital like you know there had to be trades going through that capital for it to for
it to earn you anything right right got it so basically then how is it is it is it different from an order book then i'm like
still confused um it it has like the functionality that you would expect of an order book
but it is decentralized in the way that it's like an automated market maker if someone is
uh like there doesn't need to be someone on the other side of the trade there just has to be
liquidity there that people are looking to earn with um but i think you know this is a good it's
good that you're asking stuff like this too because it's just like uh dieg and i've been
talking a lot about the like meteor is lp army they own lparmy.com which is great uh i'm jealous
that they snagged that domain but we did we did pick up a little domain of our of our own you know
bff.army where i think people can uh it just seems like people are so helpful in the
meteor army like like uh maybe diego you can talk about this a little bit more but just what you've
seen in some of the research with how folks are like outlining different strategies and how they
can earn like down to the hour yeah one and trevor think one thing, one way of thinking about concentrated liquidity is instead of having one pool, imagine having 20,000 pools and each of those pools is a specific price range, a bin, and then you combine them all together into this HODLM, right? So now you have multiple, what I call micro pools.
And instead of the pricing, just, you know,
having everybody just providing liquidity
in one big pool across the whole range,
you're providing, you can choose
where you wanna provide liquidity
and these were called bins.
So your question was, if you wanted to come in
with a single side of liquidity,
that is a strategy, especially for stable.
But it's also a good strategy if you're bootstrapping maybe your new protocol and you have a new token launch and you can fill it up one side, you know, multiple bins, multiple price, and people can start buying on the other side.
So it's kind of like a dollar costing average as well.
But there's multiple strategies that can go in, you know, that could be used for it.
The other way is, you know, simply DCA.
Instead of like right now on Meteora, maybe you want to buy Sol, right?
But you can come in with just USDC and you can say, I want to buy Sol when it's between minus three and plus 2%.
So what's going to happen is that's where your liquidity is going to get concentrated.
And as the market price or the pool price moves, your assets get exchanged, right?
So when you remove it, now you're going to have both assets uh back so there's
multiple ways to to deal with it um and uh that's you know that's just one example but you know from
from step one two three you come in you provided liquidity but you can choose where you want to
provide the liquidity maybe it's above the 50-day moving average. Maybe you want to buy it below the 50-day moving average.
Maybe you want to provide it between, you know, the bulligan bands, you know, and so forth.
So you're kind of looking at the volatility and you're looking at how the price is moving
and you're concentrating liquidity where most of the market demand or where the trade is happening.
And this allows you to provide less liquidity and earn more fees
than somebody coming in and providing a million to a single pool, right? So it's just, you know,
a thousand times better in multiple ways. But there's a lot of strategies. And like Dylan was
saying, it does get complicated for the retail user. And that's why there's stuff like LP Army and what we want to build as well.
But I think the automations will help users at least to keep their position rebalanced.
So let's say you provide liquidity within 100 to 110K Bitcoin.
And then Bitcoin moves to 115Kk so you're out of the range
you have to then withdraw and add liquidity to that range with the ultimations and keepers we
want to allow retails to like just kind of like set it and forget it and it moves the liquidity
for them based on the market demand right so there's multiple ways to do it, but it is a very advanced, complex tool that once all the features are out, we kind of like start stripping and making it easy for the front end user to also benefit from it.
We had Adam from Emblem.
Well, you guys know him very well.
And he was talking about how users are using Hustle AI,
one of his tools, to trade on Meteora.
And one of the benefits is rebalancing the pool.
Like, hey, move down a range.
I'm willing to sell it or buy it at this range.
So there's multiple strategies that can be built on top.
And, of course, we'll get to a point where all these things are automated and we're helping
the user reducing the risk, increasing capital efficiency and so forth. And these are tools
that exist for market makers already. It just doesn't exist on chain, on Bitcoin. And we want
to bring it home. Yeah. I would say that there's not like a crystal ball for a strategy unless
like, well, I mean, there's not like a correct, I should say there's not a crystal ball for a strategy. I should say there's not a correct choice when you're providing liquidity
unless you have a crystal ball for what the price is going to do,
which nobody has.
But your likelihood of making money is higher
because you're using less capital in a more concentrated way.
So you're able to earn more yield with that.
And if you were maybe asking about the user flow,
I think there are maybe two or three inputs
that you have to make for your decision.
That's it.
Thinking about bins, all that can be very confusing.
But I think the inputs,
and we try to show this in a very nice graph
where you can see all the things you need to make a decision are just right there in front of you.
And then you can decide, okay, yeah, I'll put my liquidity here.
We try to make that very simple.
One of those things is the volatility, like the price, like the high and the low over whatever time range you're looking at.
It could be a day, it could be a week, a month, a year, right?
And then the other side is like kind of social proof.
Like where is everybody else adding liquidity right now?
Or where are they not?
And like, is that an opportunity for me?
And then it's just kind of like drag and drop
to select the prices that you, based on that,
like where you want to provide liquidity.
I would say like the third input is maybe like
if you already have the position open,
like how is it doing?
Do you want to like adjust it or like add more on top or something like that?
Okay, got it.
And so like what aspects of these are automated?
So is it basically like, let's say I provide a million dollars in BTC liquidity.
You know, what else do I have to do?
Is it just suggesting me where I can, let's say, you know, I put a million dollars in Bitcoin liquidity, but dog is doing a lot of volume. So I would be getting bigger, more fees if I had provided liquidity for a dog pool. Like, how does your system help me make more fees?
right well if you're providing to a pool right there's a it's a two token pool so you're going
to earn more the more time that you spend around the market price but market prices move right so
what our automation services do is they help um they capture the intent of your position right whether
you did like a bell-shaped curve or something flat right they capture the shape of it and then
it helps re-center that based on like a market price if some trigger uh occurs right like if
it's moved too far away and you're not really earning fees anymore, right?
That, like, that, the, this offers all the tools that you need to have very precise LP strategies,
but the thing for, you know, Average Joe is, like,
it requires, like, market making an order book is tough,
you know, so, but these are, these are some of, like,
the primitive basic tools that you can
do to boost your yield right so that like uh something that requires active maintenance feels
a lot simpler because it's been automated um you can like if you added liquidity in like a bell
curve right and then the price moves up 30 and you're you know trades are no longer happening in your inside of
your bell curve and you say okay well i think it's gonna go maybe just oscillate between this
current price and the old price where i had you know you might add another bell curve on top of
that okay and then like then the full like shape of your position kind of looks like a camel
full like shape of your position kind of looks like a camel um and so if if uh you know the
automation service like you know picks up on the fact that the market price is really deviated from
like the center of mass of your liquidity then it can reposition it for you like uh based on the
intent of your like original shape okay got it. That helps a lot. So basically is it, is it, uh, um, so it's like
we got them with the camel analogy, Diego. The camel. Yeah, I know. So is it, so is it like,
I like the, well, you mentioned like the curve or like the intent of your, your intent of your
strategy. Uh, so that, is it limited to one asset then, or is it multi-asset? I guess.
Uh, every pool has two assets. You can provide single-sided
liquidity, but
you're not going to
earn fees unless the trades
go into that area.
You have to...
You're going to earn fees only
in the active
bin where trades are occurring.
You could actually add single-sided liquidity
just to the active
bin in a pool right every pool has two tokens um the active bin is the only one that has a mixture
of tokens like everything to the left is actually one token everything to the right of the active
bin is the other token um we try to make that very easy to see uh you can even kind of see it
pinned to the top a little bit, right?
But yeah, so you could add it like just there and then be earning fees in that bin.
But if you watch how frequently the active bin is changing
on something like Meteora, it's really cool.
And this is definitely the most complex,
you know, Leonidas, you're asking about the engineering side,
just to replicate the on-chain state, off-chain,
and constantly be pushing data to the user
where they always know the exact state of the pool
every single time a new Stacks block comes through.
I mean, it's really, really awesome and powerful
that you're going to be able to see this stuff moving in what feels like real time.
And I think, I think, Trevor, adding on to what you said, even though we're not saying, hey, you should put, you know, your liquidity on this pool or this other pool.
When we talk about capital efficiency and there's a whole Uniswap article on V3 that compares their own v2 to v3 but they
compared you know like okay bob comes in and adds one million to the die and eat pool and then uh
alice comes in and provides 180 000 to the v3 strategy pool the first thing is now alice has
a hundred eight hundred thousand more provide in other liquidity pools.
And while Bob is providing liquidity to the whole range, Alice is only one concentrated liquidity.
So after one year, Bob's APR is going to be 50% and Alice's APR is going to be 314% because she was focused on just a specific range.
So you do decrease the risk and then you have more capital left to deploy in other liquidity pools, right?
And that is Uniswap's own number.
The ranges are absurd.
We're talking like 1,000x better than the previous pool.
But I like 10 like 10 to 15 percent.
I think that is a very realistic range if you look across.
But LPs on Uniswap v3 has seen almost 4000x capital efficient compared to Uniswap v2.
And this is Uniswap owns article on their own blog.
So that's kind of the benefit as well.
Like, you know, as a market maker,
you want to have a little bit of liquidity spread out.
You're de-risking your, you know,
you got the basket approach,
not all your eggs in one liquidity pool
and still earning high yield.
So that's kind of one of the benefits
of concentrated liquidity for sure.
What are the fees like? Is there like a platform fee? Do you set up your own fee?
Of course, we got to keep the lights on, you know, of course we got to charge something.
But the fees, yeah, the fees you know they can be customized for each pool
um so there's like a there's a base fee you know which could be for a stable swap it could be
something really really low like just a couple of basis points um you know or maybe for more like
premier type of like deep liquid asset pools it might be something more like uh 20 30 bips or so
um you know i think initially we'll probably run something promotional
where it's low for a while.
And like from the protocol perspective,
the protocol takes some percentage of the fees,
the liquidity providers get the majority of the fees.
And then there's something new
that we're adding on with this as well called dynamic fees so when
you know trading activity is really hot the liquidity providers will earn even more because
the trades are in higher demand and that's a toggle that can be turned on and off you know
at the at the protocol level like for each for each pool if you want to deploy a pool and you
don't want dynamic fees you, you have the freedom to disable
that as well when you're creating it.
And it can always be turned on later.
So, yeah, there
kind of is no right answer for the capital
deployment without
the crystal ball for where the price is going to go.
But I think
and what the volume is going to be.
But, yeah,
I think, I don't know,
we're excited to really build out like the BFF army
and help people understand the different strategies
and how their BTC can be put to work more productively.
The dynamic piece is pretty cool.
Nobody's doing that.
Awesome.
Awesome.
Good question, Ghost.
Jan, do you have any questions or anything?
No, I don't have any specific questions.
I think it's dope, guys.
I mean, you keep shipping stuff, so it's always good to kind of listen to you guys, hear the updates.
So it's always good to kind of listen to you guys hear the updates and and yeah
I'm just excited that you guys are gonna bring something new to the market, right?
I thought you're gonna say are you coming to Hong Kong thought that was gonna be your question
Bro, I asked you in DMS three times and you didn't even respond. So like I'm not gonna ask you for the fourth time
So like I'm not gonna ask you for the fourth time
Yawn yawn will give you the VIP treatment Dylan if you go though
He'll hook you up. Listen Diego's the money man. I want to be there. I want to be there young Diego's the guy that has to sign off
Okay, I didn't have a question because I'm not too technical on this and I'm just curious about the process.
I'm always interested, obviously, what's being built on Bitcoin.
But like, how does so we're swapping our Bitcoin for SBTC and that's how we're able to enable all this all this tooling.
Is that correct? Is that would be the process of swapping Bitcoin for SBTC and then using that on the Stacks network with your protocol or how
exactly?
Yeah, correct. But like it doesn't
have to happen
I guess in the way that feels like a bridge
or a swap.
But I don't really think that was like the
intent of your question.
You're more asking like what is the asset that's being
used on the Stacks layer and yes
that is SBTC. So you're saying the stacks layer and yes that is sbtc um
i believe that the user doesn't really notice that we're switching to sbtc that we we just
send it over and then we're already we're already in the network is that is that how i should be
looking at it yeah correct like the there's the smart wallet which makes it feel like you know
ideally like magic like a very magical great user And then like, there is the option to do tough mode, manual mode,
if you would like to. Okay. And I'm going to be able to do this straight through my,
my expert's wallet. Of course. Wouldn't have it any other way.
All right. All right. I'm bullish. Yeah. sounds good to me. Yeah, J-Dog. I mean, I think Bitcoin, because we're a little bit behind Ethereum with the L2 stuff, one of the benefits of that is we get to basically learn from some of their mistakes. And I think one of the key hallmarks, like just plaguing the Ethereum ecosystem is that people complain that it feels like a bunch of little different blockchains that are isolated. And this, this approach, I think like specifically
that makes what Bitflow is doing kind of different than maybe some of the other decks on stacks and
stuff is that they specifically have this model, which I find definitely interesting where it's
like, okay, I'm on Bitcoin L1 with my BTC in a UTXO on Bitcoin L1 as native as possible.
And I go to this app and then basically through my wallet and this app, I can basically say
I want to buy dog or I want to swap BTC for USDC or something like this.
And basically, they're handling the L1 bridging part and the kind of stack stuff for you, basically, so that you're not really caring what's happening behind the scenes.
And that's sort of the beauty of it.
And whether like you're, you know, ultimately the expert wallet supports stacks and BTC.
So, you know, maybe you'll have to get your, you know, you're selling or of course you would never be selling dog J dog.
So you're buying some dog with Bitcoin. You're sending some, you know, BTC, L1 BTC,
and then you're getting dog in return. Who gives a shit if they're doing SBTC in between? All that
you care about is like the end result is that you're getting some dog. And whether that dog,
you know, gets bridged back to your Xverse wallet on Bitcoin L1, like the real official dog,
or it's a wrap dog on Stacks, you know, that's a choice that Bitflow can kind of give to the user,
I guess. And ultimately that's a decision. But I think the idea is like people just want to click
a button and have a swap happen. And exactly how that happens and how that's facilitated
is honestly, I'm just kind of realizing for most people, not as important.
I think what they did here,
it's not really an innovation for the end user,
except that hopefully there'll be more TVL and deeper liquidity for dog and Bitcoin, for example.
This is an innovation for people who want to market make
and want to be able to say,
hey, a pair of BTC and dog,
there's no way I'm going to do that. Uh, if it's not a,
uh, concentrated liquidity pool, you know, that's what people were doing four years ago.
Uh, it was, was the Uniswap B2 style. We're now doing the Uniswap B3 and then now before and the
Meteora stuff. And like, that is the, the gold standard that everybody who is seriously market making is using.
And yeah, basically that's the benefit here.
So hopefully there will just be deeper liquidity for dog when people want to go swap.
They want to put 10K worth of, you know, 0.1 Bitcoin into dog.
They're going to have less slippage.
That's like the end result to the user.
And these guys obviously have a cool experience where it doesn't feel like you're just going to this other blockchain, doing this, waiting for this bridging process. Okay, it bridges,
I come back to my computer 20 minutes later, I do this and I do this. Like, I think the vision for
these guys is like, you know, hopefully eventually it's like send BTC from my L1 wallet, bunch of
shit happens on stacks, I get some dog back in my Bitcoin L1 wallet.
That would be pretty, that's pretty sick.
I like the vision.
And for people who do have an issue long-term with like holding tokens in stacks
or through some multi-sig kind of a thing,
I don't think like you're trusting someone
for like 30 minutes to execute this thing.
I think there's like really good trust assumptions around this model that they
have.
And I think it makes a lot of sense and it abstracts the bridging away.
So I think that's like the sort of long-term vision, Diego and Dylan,
if I correct me, if I said anything wrong, they're oversimplified,
but like the long-term vision is that like the Bitcoin L1 user who,
you know, theoretically, historically has been like, fuck stacks.
I don't care about that.
That person can now leverage stacks and still basically just be doing their bitcoin l1 stuff and just
trust stacks for like 30 minutes i think that's pretty cool that for me i find that cool over
the hey let's just take all of our stuff move it to an l2 and just do everything over there forever
i think this meets meets the needs of a lot of people who really do like the Bitcoin L1.
So, yeah.
Yeah, I do appreciate the simplification because, yeah, I'm not too technical.
And I guess for me, I'm trying to understand this correctly.
Is this basically like a meteora for Bitcoin?
Is that what Bitflow essentially is?
OK, I see a thumbs up.
So, OK.
OK, that helps me understand a lot better.
I mean, I definitely don't want to sell my dog. I want to get yield off my dog if that's possible but i know that's not really possible as of now so and i've heard other options uh like nexus or uh well it
goes to i think you you know more the technical aspects of what you're doing is obviously a little
more complicated and this seems like a more streamlined thing to do uh so yeah yeah i think i think that helps a lot i appreciate you guys yeah thanks for
saying those those those tools are are amazing uh currently like um i use the dot swap nexus
and it's pretty dope like especially the cl CLMM version that they came up with it.
But I can 100% see like how those tools that you were talking about would make the market makers like so much easier.
Because I did realize like it's somewhat like manual, right?
Like you got to stay on top of it or if it goes out the range uh you get you gotta like take the liquidity out and
then redo the range i'll put it at like 3.5 sets to six sets in this case and and if if if your
tools are are like literally just doing that for for the market maker that itself is just amazing
like it takes off of a lot of like a lot of the load and and maintenance off
of it so good stuff like it really like it's it's clicking very well yeah like j-dog for example let's
say you don't want to sell dog below two sats you would just have your range stop there right um
versus in a traditional uh amm you could theoretically be selling dog way below, like the amount you'd want to or
something. Right. So it kind of, it protects you. It's meant to protect you, uh, from, uh,
impermanent loss. Right. So, okay. Very cool. Uh, Diego, Dylan, this has been great. We got,
we got a good show going here, guys. We got 300. This is not a bought it space. We do not bought
in this space. I think people have bought it as once or twice in the past, but we have 315 real
human beings live concurrently tuning into the ordinal show because they're excited about the
future of Bitcoin. They're excited about ordinals. They're excited about runes. They're excited about
Bitcoin meme coins. They're excited about gaming on Bitcoin. They're excited about Dex's and
Villa Diego. Appreciate you guys building here.
This was great having y'all on.
We'll have to have y'all back
when maybe you flip that 25 million TVL.
Okay.
You have at least one bot, right?
Because you've got Jan here,
which is like an absolute beast
running the conference and experts.
So you got at least one.
But no, thank you guys so much for having us.
You guys better book the flights to Hong Kong, Diego.
If I don't see you there.
Can it be a, can it be a, we're going to put them on the blacklist.
Well, we can put them on the ordinal show blacklist, Yon, if they don't go.
Okay.
I'm putting Dylan on, on Spirit Airlines.
You know, he's a six, two type of guy.
He'll be, he'll be well.
So I appreciate it guys.
And, and, and like you just
to finalize what you you said leonidas um the benefits for the retail user comes in from the
flywheel effect right better tools more sophisticated traders more volume higher fees
better tools repeat etc um and the future of finance is bitcoin is orange
And the future of finance is Bitcoin is orange.
Institutions and users are hungry for more yield.
And whatever we can do to stay within, you know, within the Bitcoin layers, the better.
And J-Dog, there is yield opportunities on Dog.
It's not too shabby.
12% LP on Biflo.
All organic yield.
It's not too bad.
The worst case scenario is you get more Bitcoin
or you get more dog. That's the AMM deal. So 12% is not too bad. If your dog is just sitting idle,
check it out. And you said I can do that one-sided liquidity pool that I could just provide the dog
right now, or is it set up right now that you need to provide no it is it is it is double yeah it is double-sided uh liquidity for that okay but that's this is before your product exactly
exactly okay so eventually when you guys launch that product then i would do one-sided liquidity
awesome awesome i love it um well i appreciate the space guys do. Do follow Biflo. Turn on your alerts.
Join our Discord, our community.
We're going to have beta program out, early testers.
There's a bunch of stuff coming through.
Check it out.
We also launched a new status.
I know it's a small incremental change, but now you can see where your Bitcoin funds are.
When you're doing an L1 to L2 swap. You can see how long it's going to take. You can see the swap happening and vice versa. When you're
swapping dog back to Bitcoin, for example, you swap right away, guarantee your rate,
lock in your rate, and then you just have to wait for the Bitcoin transaction to deposit your funds.
Check it out. Give us the feedback. We are building this in the public open,
and we're looking forward to coming back here. So Give us the feedback. We are building this in the public open and, uh,
we're looking forward to coming back here. So I appreciate the space.
Hell yeah. Great stuff guys. Okay. So we have 321 people listening live to the ordinal show right
now. What do we got to do to get 400 people? What do we got to do? Actually, let's do 500 people
live on the show. What do we got to change the space title to do what do we talk about guys let's ordinals are back let's get things going
hey leanitis i did have a question because i was in a debate in another room um what room what room
what space oh alpha alpha co yeah i saw him bolt i just i've been scrolling through x a little bit yeah he's
bullish on ruins yeah i mean i was kind of in there having that conversation we kind of going
back and forth like what's the purpose of ruins why yeah it's just it's getting a little crazy
but we were talking about ordinals and whether or not they are on layer one bitcoin my argument
was that they were i googled it i grokked it and it says it's on layer one bitcoin they said it's not
so i'm curious like yeah yeah it's new it's nuanced right so the uh the file is stored on
layer one bitcoin the state is stored on layer one bitcoin of like ownership but ultimately you have to
But ultimately, you have to basically like parse the data on layer one with an indexer to determine ownership, right?
So basically, Casey's, the whole model, the reason this works is that Casey created this little indexer that you run with your Bitcoin node that basically tracks Satoshi's and says the first, you the first Satoshi created is number zero. The second one is
number one, two, all the way up to like we have quadrillion Satoshis now, right? And it tracks
each of those. And if that Satoshi sits in your wallet, this is like core to ordinal theory,
forget the JPEG part, which is of course, the files are stored on chain, it's on chain file storage on Bitcoin L1. But that ownership of that sat, Casey describes it as putting on a special pair of glasses or a
special lens to view the Bitcoin blockchain. So as long as we all say first in, first out,
UTXO, sat movement, which I can tell you right now and anybody can go replicate,
you know, literally with what I just said, I could say first in, first out, and people should theoretically be able to go replicate an indexer that does first in, first out tracking of UTXOs and say, hey, JDog's wallet holds this SAT number, 1, 2, 7, 4, 3, 3, 5, whatever, blah, blah, blah, and thus is owner of this JPEG.
and thus is owner of this jpeg um it's as good as you can get theoretically there's a world
where like you could get a bit more native where like the bitcoin protocol literally knows about
ordinal theory and everybody who runs a bitcoin node also is running this little piece of sat
tracking software which casey actually has a bit to have happen which has not surprisingly
not made it very far it actually i don't think has even made it technically to a bit yet i'm not
sure i think luke dutch jr didn't like ordinals so we didn't get our bit but the bottom line is
uh is that uh the it's the meta protocol indexer is off chain, right? But ultimately, the like state and the state and the files are stored on chain.
And then as long as we have this consensus around, hey, this is how we're going to track
and index, then as long as we all run that, it's very decentralized in that basically,
like, let's say people will kind of say like, oh, Ordinals is centralized because it's off-chain.
Well, first of all, several of the very key components are fully on-chain on Bitcoin.
And the one component, the indexing, is off-chain. And the indexing is just how you interpret the
on-chain data and make sense of it.
And that specifically, Casey has literally changed in the past, and the Ordinal's ecosystem is like,
that's buggy, we don't like that update, and then people don't update to it. So it's not like
there's some central company that's saying, this is the indexer that everyone has to use, blah,
blah, blah, like this. It's decentralized. So people can and have forked the ordinals indexer and can do other things and view that blockchain data differently. The reality
is though, through consensus, decentralized consensus, people are just going to view it
with the first in first out pretty logical way of tracking sats and ownership of ordinals. And
that's what we've done. So I think the answer is several aspects are like 100% fully
Bitcoin L1. And then there is an off chain. So this isn't Bitcoin L2, this isn't Bitcoin L3,
this is a fully off chain indexer that is basically allowing you to interpret the on-chain data.
So that's the closest you're going to get to an answer. It's not like, is it Bitcoin L1 or Bitcoin L2? It's, there's no L2. It's, it's an off chain component and then several fully on
chain components. Um, yeah, which I, I personally love way more than Ethereum, which is like,
okay, we have the, the tracking on chain, uh, of the, the like index or quote unquote on chain of the transfer kind of a thing
where like, I don't have to interpret the data as arbitrary. I know on chain specifically what
it's doing, but then all of the data is like stored off chain for the actual JPEG and stuff.
So it's an interesting, it's an interesting thing we've done here. Um, it's, it's,
I personally call it Bitcoin L1.
It's,
you know,
not,
it's not 100% Bitcoin L1.
It's like,
I would call it something like Bitcoin L1 with like an apostrophe or something like this.
But yeah,
it's,
it's,
as close as you can like do with Bitcoin L1 today for,
for NFT ownership.
and it's the most native possible
today. And in the future, theoretically, it's possible there could be a Bitcoin upgrade
to have like truly native smart contracts or something like this. But, you know, I think it's
very challenging. It's a harder future. It's hard for Bitcoin to move very fast. So it could be a
while for something like that. Yeah, I guess that was the debate was a nuance in that. But from my opinion, I feel like it's a
better solution, like you said, than Ethereum. And it's an improvement on the NFT protocol in
my mind. And maybe I'm biased because I just love Bitcoin. But I think Bitcoin is going to be here
longer. And then because the metadata is at least stored on chain i don't think it really people don't really care about the indexing uh as long as the social
consensus is that this is uh this is an nft that's on bitcoin and i think the real innovation is that
we actually have art on bitcoin that we can trade um so yeah yeah i think that answers my question
appreciate it it's also like jdog ultimatelyDog, ultimately, when you really break this
down, this all just comes down to social consensus at the end of the day. The 21 million Bitcoin,
it's coded into the blockchain, right? Obviously, 21 million Bitcoin. But if the majority of people
who hold Bitcoin and the ETFs and Coinbase and Saylor and a bunch of Bitcoin influencers and a
bunch of people who hold
Bitcoin all decide there's going to be 22 billion Bitcoin. It's not very hard to just everybody
runs different code on their Bitcoin nodes and Coinbase points to those nodes, right? So,
you know, even things like the 21 million Bitcoin, it's not 21 million Bitcoin because some code
says there's 21 million Bitcoin. 21 million Bitcoin because people are only going to believe
that the Bitcoin chain is the one that has 21 million Bitcoin, right? So if you change that
to 22 million, you would have a really hard time convincing everybody that there's now 22 million
Bitcoin. That's the beauty of Bitcoin is that consensus that happens, right? So Bitcoin,
to me, at the end of the day, it's an idea that exists
in our brains. And it is a set of shared beliefs around what Bitcoin is. And I think if anything,
the core most thing of Bitcoin is that there's 21 million Bitcoin. And that's why Bitcoin works,
is that we all believe that. And to change to 22 million Bitcoin, you would have to convince a ton of people.
It's very easy to fork the GitHub repo and change Bitcoin, but nobody's going to believe that that is Bitcoin, your new 22 million version of Bitcoin.
So it's very similar to that.
And I think people kind of get lost in the nuance of these arguments of things sometimes.
But yeah, I would definitely argue like Ordnall has done a lot more than just, it's not, you
know, Casey could have caught it a day.
It's like, okay, we're doing, you know, NFTs on Bitcoin in the best way we know how, meme
coins on Bitcoin in the best way we know how.
The guy like actually innovated in all these different ways.
So it's like going fully on chain with the file storage.
Can't emphasize enough as someone who's spent years of my life researching old NFTs and not being able to
find the actual files, but knowing who the owner of the token that represents the file is, the file
on chain is like a really big deal. We're not going to have that issue with Bitcoin. When a
quote unquote NFT archaeologist in 20 years comes along like me, the next version of me or whatever,
archaeologist in 20 years comes along like me the next version of me or whatever and is looking for
old nfts and they look on bitcoin versus ethereum i can tell you factually they're going to find our
shit and it's going to be in a perfect state and they're going to look at ethereum and it's going
to be a mess and they're not gonna be able to find anything um that's just the reality people
can argue with whatever they want about that but it's just the truth um so yeah casey also like ordinals doesn't get enough credit
because it's like he did this thing with inscription numbers but also just standardizing
everything so on ethereum you can basically program like it's just a smart contract so you
can change the functions like do whatever you want get pretty. And there's like cool aspects of that. But at the same time, the vast majority of people with their NFTs do mostly want to just know that
this is safely, securely my token that I own that represents this piece of art. And Ordinals does
that extremely, extremely well. And we've gotten very efficient with the storing on chain stuff,
extremely well. Right. And we've gotten very efficient with the storing on chain stuff with
the recursion, a bunch of the stuff that we've obviously covered on the show for multiple years
now. So yeah, I think like Ordnance doesn't get enough credit for the other things that it did
really, really, really well. I don't think it was just successful because it was NFTs on Bitcoin.
I think that was the, that was like the marketing pitch to everyone. But I think people actually
really do like the on chain, fully on chain aspect of the storage, the file. But I think people actually really do like the on-chain, fully on-chain
aspect of the storage, the file storage. I think we actually got the Ethereum ecosystem to have
that conversation and care about that and start to store more NFTs on-chain on Ethereum. I think,
you know, that is a contribution to all of crypto that Casey made that we have had an impact here
in the Ordinal's ecosystem.
And yeah, we're going to have to keep telling the same thing over and over and over to people because I feel like we're having the same conversations over and over when we go to
other spaces.
But yeah, man, Alf is very smart and we'll have to have an Ordinal's Runes conversation
on there sometime.
Again, I think he's been bullish on the
space every time i've gone on there he's asked very thoughtful questions and um holds a bunch
of these assets and i think is generally generally bullish on the space i think you know um he's
obviously not like talking to a bunch of pack of hyenas they're coming at me crazy but tuxedo came
in today help me out so i appreciate that but yeah that was kind of the conversation and the nuance and that so yeah i'm learning a lot here so i appreciate it i i love
actually going to those other so you should definitely come in to those spaces so we can
actually have a real debate um because yeah it was fun dude i i promise you i'll go into that
space that won't even be a debate they'll just agree with me like they're not they like alpha
dude alpha is a good guy he's not out like the people i'm usually debating are like they're not they like alpha's dude alpha's a good guy he's not out like the
people i'm usually debating are like they're like out they like hate ordinals or hate runes like
those guys are totally they're on our same team they most of them have exposure to us they're
just not the most hardcore they also they're like they're like multi-chain right like they
they hold on various different chains um like unlike, which we've all become basically maxis.
Okay, I want to talk to Ghost and then Tuxedo, and then we've got to do something to get 400 people in here.
So I'm thinking we could talk about, I've been scrolling through the timeline, there's this Libitbutus that we could talk about in a second um which seemed to happen
recently which looked interesting i'm curious if anybody has thoughts there but first uh ghost
what's up man what up what up uh uh so one thing that is it's uh it's not a question more like
let's pump the let's pump the viewers on on the on the show and i have the best idea why don't we give one of those
dope ass hong kong edition plushies to someone all you got to do is just repost the show and uh
and we'll have yawn or one of you guys just select the winner uh how about that i mean
it's up to yawn i'm obviously cool with that I think that's awesome up to I'm gonna pay for it, bro
And go goes this paying for it so I can we can give away like
Yeah, we've agreed ghost we just had a little chat you can give away too if you would like
Yeah, you want you you want to do it right now or on another show or you know what let's let's do it
I think I think you know in the words of uh what was it bill o'reilly it let's do it live let's do it
live let's let's let's it let's let's do it bros and uh i'm i'm kind of uh i just got to a location
and i gotta leave but we'll just we'll just have uh jan or or you or trevor just just pick a winner
and and we'll just hand the rest, basically,
when we come back from Hong Kong.
All right, look, I pinned the space above.
Y'all go Bug.
Bug Ghost, so don't let Ghost forget about this, okay?
Repost the space.
He's giving out free plushies.
I may forget, but Bug Ghost,
don't let him flake out of this, guys. He's giving out free plushies. I may forget, but Bug Ghost, don't let him flake out of this, guys.
He owes you guys two plushies, so go repost the space. It's pinned above.
Sweet. Yeah.
Yeah, let's get some more people in here.
We got to win the plushie. We got to have... Repost. J-Dog, all you have to do is repost the space.
Repost. Repost. Yeah.
And Jan, if you could, Jan, if you could, bro,
please post some of the pictures up
because I'm in the middle of something.
So that way at least people know
what these plushies look like
and what they're getting themselves into.
Yeah, I can find the tweet, no problem.
So J-Dog, can you manage this?
Like, how do we pick a winner?
I mean, you repost the space, but how do we pick a winner?
Man, when I do it, I just use an app or something to just do the – to check a repost and then just pick a random winner.
But however you guys want to do it, man, I mean –
Yeah, I can help.
Look, we'll manage logistically.
There's a website, Jan.
You can do it in like 10 seconds.
I'll show you.
It's just a repost picker site.
But guys, go repost the space.
Go repost the space.
There's two plushies.
These are Dog Hong Kong edition, obviously, for the BTC Summit in Hong Kong that Jan is putting on.
Limited edition plushies that Jan is doing in collaboration with Ghost and Dog Bitcoin.
So go repost the space.
You can win them.
Up next, we have Tuxedo, who was raising their hand very patiently.
How are you doing today, sir?
How are you, gentlemen?
I'm a bit upset.
I'm doing better now that I am in a more nice environment than I was before.
Yes, I was with J-Dog at Alpha Spaces. Just to clarify,
Alpha is quite a nice guy. I've been multiple times on his spaces. He's quite an educated guy.
He likes ordinals and runes. One thing that really, really pisses me off though is that
I didn't came to Bitcoin from nothing. I came from ETH and I came from Solana.
And most of us, we didn't just one day realize
that there exists something like ordinals and runes.
We, the majority of us, we came from other networks.
But I don't see anyone actually of us going to other spaces and saying how I don't know Seoul has all these pump
and dump tokens we don't say fuck you Seoul tokens we don't say fuck you cabal representatives that
snipe and have all these insider traders we don't say that we you know, shed a tear and that's it because there shouldn't be any crying at the casino.
I probably hold more Solana FAC tokens than I hold runes and I hold also more NFTs than I hold ordinals.
Well, not as many now because most of my NFTs that I bought four years ago, those links, they point to to nothing which is a bit sad but again i don't go
to spaces and i fad nfts because i like nfts and i like to believe also that there there can be a
world where someone can like both those things again i don't fad them and i don't see anyone
from our side going on spaces and funding them then why the do all these
retards i don't i don't know how else to put it they have an issue with ordnance and runes
you don't like them don't buy them nobody forces you man wait hang on tuxedo are you talking about
the testnet trash scams is that what you're talking about come again i'm sorry i was just i was joking i uh
we have we have dunked on the testnet coins a little bit on this show but
yeah in general it's like look buy what you like you know if you don't like it just ignore it um
um uh yeah man i think look in general i i i have personally come around to the thinking
that uh it's a little bit of FUD and debate is much better.
I think it's better for us to go up on a stage and hold our own on a Solana space, on an Ethereum space.
And it probably makes way more entertainment and more people listen to it when it's, you know, a debate as long as it's not like totally insane.
you know, a debate as long as it's not like totally insane.
I think that's probably better than us just going up and kind of like,
you know, the people are like uneducated and like not that engaged.
I think like when you ask ChatGPT, like I want to learn about pick any topic
and then say, teach it to me in the form of two very like entertaining like debaters, like two people
like debating vigorously with each other. You'll find yourself just naturally wanting to pay
attention to the thing. And you'll just like naturally learn by listening to the debate.
But you're kind of listening because you want to see who's going to win the debate,
but you end up learning stuff. I've personally liked that format. I like when people ask hard
questions and if they're wrong, which it's probably not just that person speaking use wrong. It's probably a misconception
that a lot of people have about, you know, runes or ordinals. Right. And, uh, you know, you can,
you can actually change people's mind, uh, debating them as long as it's in a good spirit.
If it's like this sort of hatred, which again, the alpha space is not that vibe, right. It's like,
uh, I go occasionally on leap and alpha space and it's like, these are, you know, the alpha space is not that vibe, right? It's like, uh, I go occasionally on
leap and alpha space and it's like, these are, you know, these are good. These are in general,
like good people up on these spaces for the most part. I like a lot of the speakers and I think,
you know, they're just trying to engage and learn and they've heard things that some are true,
some aren't true. And if somebody says something that's not true, you can just call them out on it
and respectfully engage in conversation.
And I think that's like the best way for people to learn.
So yeah, I wouldn't, you know,
if people want to flood a little,
I think that that's just an invite
to talk about runes and ordinals.
That's really all that is.
Two really quick points here, bro.
One is, first of all,
I have a much more serious battle to fight and that is with the
bitcoin maxis like the guys from the solana and other networks they don't even really oppose such
a threat they they don't know what they are talking to begin with so i have a more serious
enemy here that's one thing and the other thing is that education is a key point here and unfortunately
most of these people which overnight became from influencers they transformed to key opinion
leaders me now they went to other spaces while everything ended on alpha space they went into
up they went to other spaces where i'm not present j J-Dog is not present. We had also Brian from March there up on the stage.
We had Lord Art.
None of us is there.
But they somehow kept putting roots and ordinals to their entertainment.
And like 200, 300 people were listening to the bullshit they were talking.
So we have a case of misinformation.
And I would say it's a pity, man.
Like, come on.
Nobody is there stop it
yeah i had someone saying that ordinals was layer 10 bitcoin and i was like
i had to tell him he was talking out of his ass so yeah some of these guys yeah there are a lot of
misinformation that's going on we're trying to correct it um i think just really what's
going to happen is number go up and then people are just going to rotate into into these assets and that's just
how it's going to be um yeah man it was interesting we got to get you up there to educate some of
these people as well awesome awesome i'll talk to off and see if we can do a space um do it do even be a debate if we want, but honestly, I usually get up there and people are actually pretty friendly and agreeable in a lot of cases.
People like to talk a big game in the tweets, and then when it comes to the Twitter spaces, not so much most of the time is what I found.
Not so much most of the time is what I found.
I also just messaged Lifo FIFO to see if he wants to come up and talk about the Libit
Booze.
I totally missed it, but would love to have a quick conversation around it.
I think clearly I saw a bunch of stuff on X around that happening over the past couple
of days here and would love to have a conversation with him.
So we'll see if he comes on.
Anybody else wants to be annoying and ping Lifo FIFO, tell him we want you to come on
the Ordinal Show and talk about LibitBooze right now.
I should have been more proactive in lining him up to talk about that, but I am curious
what's going on.
We do have Nomi who has joined us.
How are you doing today, Nomi?
Oh, GM, GM.
Nice to be here.
Nice to be back.
Yeah, you know, I joined a couple of spaces like this as well,
and they were chatting about Ethereum and it doesn't make sense,
you know, to put NFTs on chain on Ethereum.
And I'm like, yeah, for sure, because you can put it on Bitcoin.
So it's also a funny conversation, but, you know, I'm just proud to be there and just represent, hey, I'm a Bitcoin artist and I know why I put my art there.
I wanted to touch on something else.
Jan, I saw you posted Team Drippers coming to Bitcoin Asia.
I think it's awesome.
I feel my contribution a little bit to this as well.
Because like in November last year, I met with him
and I showed him an app that I'm building.
And he was excited and he checked it and he
was asking me questions, you know, why Bitcoin NFTs instead of Ethereum NFTs?
And I was explaining to him of this meta being on chain and he was asking, why do we need
NFTs?
And I was explaining, you know, hey, do you see like the picture on the wall of the art
piece that you see that would be verified on chain.
And that's the future.
And that's the provenance that we're building on blockchain.
And yeah, I just feel so much, you know, like passionate about it right now that he's coming.
Because if you don't know, like some of the people don't know, he's like one of the biggest investors.
And he's one of the biggest holders of Bitcoin.
So it's cool he's into
you know nfts on bitcoin and ordinals and he knows about it now so uh yeah and i'm grateful that they
were one of the first investors that believed in the product and i just launched the app and i'm
super excited that finally it's realized like after half a year uh yeah yeah how how was you know the
connection to him would would he be a speaker tell us more yeah he's gonna be a speaker and he also
um you know there is like entire team of his that is coming to hong kong so uh they have bunch of
funds i know you guys probably know that, as you said,
like Tim Draper, he has probably fingers
in a lot of different,
just like venture capital related organizations,
all kind of under his brand and name,
but some of them are more direct,
some of them are less direct.
They have a fund specifically located in hong kong
which is called draper dragon so the the partner of that fund is also coming and they're even doing
like a like a specific meetup in hong kong for uh their portfolio companies and and even some
other companies they're inviting bunch of people some exchanges as well so you know like if you
guys are interested if you guys like you know like if you guys are interested if you guys
like you know again if you're a portfolio company of tim draper then you should definitely join this
gathering that they're going to be doing so so yeah like you know they they are coming not in
full force i would say not every single person uh is coming but they're sending a few people
they're going to be in hong kong and uh know, my connection to Tim Draper goes way back.
So I actually pitched him X-verse on one of his shows three years ago,
and we won that show.
So X-verse actually won the pitch competition for,
I think it's called Meet the Drapers.
And we won like two rounds rounds and then we were actually,
well, we didn't make it all the way to the finals
because I think the reason for that is that because they didn't invest,
he kind of missed out on investing in experts in one of the previous rounds,
even though I pitched him like three times and he was so excited we won some of the competitions but his team unfortunately didn't follow through on a
timely basis so they missed out and uh and basically that's why i think we kind of didn't
make it to the ultimate finals of that competition but we won two rounds of those competitions. And so I have actually met Tim in person like four times.
And, you know, he's a pretty big fan of Bitcoin.
You guys know that.
He's a pretty big fan of the Bitcoin ecosystem.
The Drapers, I mean, Tuxedo is here.
They also invested in Middle.
They invested in probably 10 other companies in the Bitcoin ecosystem.
So they have been deploying quite substantially.
So again, they're just great people.
I think there's not that many funds.
I mean, there's Trevor with BFF.
There is probably a few other funds that are deploying early stage into Bitcoin just like nonstop.
And I think Tim Draper is one of them.
So I obviously wanted to make sure that he can join us or he can he can contribute
somehow and and his team also like they're they're gonna come and uh they're gonna do some some stuff
beyond the bitcoin summit itself so hopefully you know you guys can get a lot of value out of it
that's awesome i wish we have more investors coming to our space and just contribute to this
space it's It's amazing.
Yeah, we got investment from Bitcoin Fi Accelerator. So it's like their first accelerator on Bitcoin. And it runs, you know, two times per year. So if somebody is interested, you know,
Google Bitcoin Fi dot network. And if you can find, feel free to hit me up because I feel like
it was a great experience to understand, you know, how to build a product and then get the funding and get this accelerator program for like eight weeks. Yeah,
it was great. And I'm so proud, guys. I want to share with you that like my team executed
mobile application that is a marketplace with a wallet and with social media together on mobile.
Like I'm it blows my mind and I'm just like happy to share about it. And I welcome everybody to
explore and just to give me feedback because, you know, as a founder, kind of like sometimes missing
things. So if you can give me this early feedback feedback that would be super appreciated because i want to open it for everybody for the community nomi is it live today like on the app store like
congrats i've been you know you've been coming up on the show a while i know you've been working on
it for a long time congrats it's exciting milestone yeah so it's been like a year since the idea
started and then it's been like half a year since it is in the App Store.
And right now it's like a product that, you know, I can show already because before we were just building, building, building.
And that's why I was not on the spaces so much.
And right now I'm like, OK, now I can share and I can onboard people and show.
There is like my auction running, you know, just to show people how it works.
But in the future, it is open for everybody.
So everybody can participate.
Everybody can launch their auctions.
It's non-custodial, you know, it's auctioned through Multisig.
So it's so much fun.
I think we're going to have just a better space for artists.
I'm sorry.
Could you repeat the name of the app?
I'll check it out.
Yeah, it's the same as my name, Nomi.
And you can see on my bio, I have Nomi.app or, you know, app is there.
And feel free to pen it above too, Nomi, if you'd like to.
Oh, thank you.
That's a big appreciation.
Wow.
Nomi, you've been a very loyal listener and speaker uh on the ordinal show
like people don't realize like i mean you you were here on like the first couple of shows i feel i
mean if i'm remembering correctly you were here the first month of ordinals i believe at least
second month um so you've been you've been here a very long time i mean people come up on this show
and without asking post all kinds of random stuff. So you're obviously more than welcome to share above.
We want to support the ecosystem.
Remember, Leo, like the first year I was like on every show.
Like I remember.
Yes, I definitely remember.
I do.
Those are fun times.
We were like kind of figuring everything out.
You know, it's like the space is pretty.
We were all pretty amateur, honestly, at that point.
I was like figuring out a lot of the UTX bitcoin stuff um but we've we've all grown a
lot we've grown a lot since then um okay so guys lifo did just message me unfortunately he's busy
right now can't come to talk about the libit booze i'm gonna really butcher this i hope somebody else
can step in and talk a little bit but basically uh people started
inscribing like a bitcoin version a digital version of the yon what are they called again
labubus labubus yes it's a bitcoin version of the labubus and it was like kind of the open style of
inscribing and we did a lot of this in the first year so anybody who's
been around ordinals a very long time will remember we do these open inscribing first
first style things i don't know exactly the rules for this one but basically there was i believe
some disagreements about uh the rules and the indexing and it looks like magic eden may have
indexed multiple versions it's unclear which is the legit collection or not.
I'm, again, just catching up really, really quickly here.
But there was a new kind of collection versus first 10K inscription situation.
If anybody wants to share more than that or has thoughts here, please feel free.
I just saw a bunch of tweets about it.
So I know there's people who are collecting these that are probably listening and would want us to talk about it. But I also know very, very little
here. So if anybody wants to come up and share a little bit about what's going on, Farmer, if you're
in the Pup's account, you can come up under the Farmer account and give us any details. You know,
I don't know. But if anybody has thoughts here here please feel free to come up I see King David
is coming up maybe King David's
going to give us the spill the beans
on the little bit booze
and we can
have a short short conversation here what's up King David
welcome to the ordinal show King
okay King's not going to tell us about the little bit booze guys Welcome to the Ordinal Show, King.
Okay.
King's not going to tell us about the LibitBoo's.
Guys, I think that's our wrap on the LibitBoo segment.
Nobody seems very interested.
Jan, did you get a LibitBoo?
Man, I didn't get it.
I have Labubu, though.
Dude, how did you not get a LibitBoo?
You were the one talking about this to us like two months ago.
You're the first person I ever heard about these things talking about la boo boo i i missed out on la bit boo bro like i was uh it was it dropped during the weekend and then i was kind of like
like people were crazy crazy about it and i just i just didn't mint it and uh but i saw it of course
i saw it and i tweeted about it actually uh because
i was asking cb spears if he knows something about it and uh you know i i just look at it as a as a
cool experiment i actually just dm'd the death i dm'd the guy who made it uh if he can join us
instead of lifo so let's see if he's uh he's up if he can join us because i've been dming with him
because you know the obviously the most bullish thing was that you know they used experts for
everything and so that made me like interested in it and i saw it all over my timeline so like i
kind of like started asking questions but but again like yes i missed it because i was like
busy with some other things during the weekend and i I think then the mint, well, I don't know if it closed, but the way they did it is that basically they let everybody to mint unlimited amount, but they cut it at 10K.
So only the 10K actually count, I believe.
I think, I don't know.
The conversation that I saw happening on the TL was that people actually didn't lose money because they would get refunded or something like the UTXO.
So it was basically just a transaction fee.
But again, I am not sure.
I would love the dev to come and explain to us how it works.
Or Tuxedo, if you have any more details, I just observed it from distance unfortunately this time
now i don't have unfortunately any information and while we wait for someone to come up and
bring the information i just wanted to say uh to leo and trevor which which i consider very very
good friends of mine dude we're like the other side bros tuxedo the three the three of us were
like hanging out in other side for like
an hour after everyone else left we were just like climbing this like giant cupcake together
just like trevor was showing us some cool shit it was fun man it was so hey leonidas um i think we
can get cb spears you said he'd be down to come up hell yeah get his ass up here yeah let's get
let's get charlie i DMed the dev and Charlie.
So, yeah, if we can get Charlie, that would be awesome just to get some stuff.
While we wait, I want to share this because I feel like we really bonded in that bubble of ours with Trevor and Leo.
And I consider you much closer than Jan.
And I want to share what Jan did to me.
So two weeks ago on this show, I spoke of another wallet.
I said Phantom, okay?
And Jan got so upset, I didn't expect this, but he did it.
He DMed the Middle Foundation and he requested that either Xverse becomes an official partner
wallet of Middle
or they have to fire me.
Well, guess what?
Xverse is our official partner wallet right now.
That's how truly Jan is.
This is the Jan.
Yeah, Tuxedo, you know, you just keep spreading rumors
and fucking, like, accuse me falsely about shit.
And man, I'm not sure if we're going to have the pizza in Hong Kong, man i don't i'm not sure if we're gonna have the pizza
in hong kong man like i i'm not sure man i told you like first strike was two weeks ago now you're
doing it again brother you know i love you guys i love middle i know that we're doing a lot of
together so you know that's that but man like wait yon hang on is one of the speakers on the
show bullying you again yeah you know tuxedo is, hang on. Is one of the speakers on the show bullying you again?
Yeah, you know, Tuxedo is this kind of guy, you know. Hang on.
Trevor, we're going to need to go have a little chat on the other side
and we're going to discuss how we're going to handle it this time.
I also told Charlie that he can only come up if everybody just kind of roots his name.
Charlie, Charlie.
But he's in the audience.
Charlie, Charlie, Charlie, Charlie, Charlie, Charlie, Charlie.
Jesus, guys.
Hello.
Is this Labitou customer service?
The corporate guy.
The corporate guy came online.
Yeah, I had to put on the suit because everybody's starting a Bitcoin treasury company.
All the hardcore maxis are capitulating and they're like becoming corpos
now so i'm like i've got a got to put on the suit to you got to play the game you know there if all
that's where the money is right now so i thought speculation was evil that's what the maxis told
me i don't understand i apparently just matters what kind of speculation apparently just matters what kind of speculation. Apparently just matters just what your KOLs of Bitcoin Maxi thought say.
Wait, so if my favorite podcasters, Bitcoin Treasury Company, unwinds in 12 months and
retail doesn't get to own any assets because they're 17th in line.
Yeah.
Does that mean it's speculative?
Yeah.
You know what's funny is the exact same fucking mechanics of like insiders getting in on like registered.
You have to be a registered investor.
They have to have a certain net worth and qualified investor to invest in these things.
You literally get an insider pre, you know, token sale, which unlocks in the averages between like 90 and 180 days.
So like these token unlocks, which are pipes.
Okay. I'm already on a soapbox i came on
i came up here to talk about what i actually care about which is jpegs on bitcoin
so bottom line we should all max bid the treasury companies and and when uh the uh when a random l1 foundation restructures their uh restructures their uh token unlock
schedule so that a bunch of their early insiders can uh give tokens to a inside deal on a on a
treasury company that's launching that has a bunch of random tokens in it that we should all max bid that as retail right we should
buy that stock right uh do not take anything i say as an inducement to buy or sell something
something i'm just kidding i this is you know i now that i wear a suit i gotta abide by the
cftc ftc fbi scc whatever the fuck three letter agency rules um because on chain is uh it's just not cool anymore these days it's cool
to put on a suit and um and go shitcoin and trad by markets it's all the same thing
it's all the same thing but on chain it's way more egalitarian i i would have never guessed that like
the way this was going to plan pan out is
like bitcoin maxis would go off chain and start you know basically doing speculative vehicles
and then we would be the ones staying on chain and like investing and like holding like actually
holding assets for longer than they can ipo or whatever Like it's kind of crazy how that's all happened.
But look, I agree.
You're here, you know,
you're not here to talk about treasury companies.
We've got something much, much more important to talk about.
So with that, we on stage right now,
we're not super familiar with the Libitboos.
I know Jan brought up the Libuboos to us.
It's the first time I ever heard about it
was from Jan on this show
a couple of months ago he's a big fan i think he likes them a lot basically and it sounds like
there's a digital version that got launched over the weekend i have been out so i'm just totally
out of the loop and i'm only aware of like a few tweets i saw where people were mad at magic eden
so what what's going on charlie okay so as Jan said, in the real world, there's this consumer collectible item called a Lububu.
Huge in Asia, big in the US now.
Charlie, do you have one?
No, I don't. I don't have a Lububu. I should probably get one. But anyway.
Well, hang on. That's actually very important. Jan Jan how does somebody in the US buy a Lubu well in the US I don't know but I saw the videos that people are crazy about
it so I'm sure that you can buy it on some secondary collector eBay whatever you can
definitely get or come to Hong Kong and I'm gonna hook you up guys like you know I can get you a
blind box I can get you whatever you want you know there is like so many dealers in Asia that
this became like Chinese government wants to ban it now because they look at it is like
it's it's gambling now so so if you if you guys want come to home is that actually true
it is true brother so wow that's so they they they released some i don't know if it's already
official but like a month ago they basically basically released that, you know, it's gambling.
And obviously gambling is illegal in China, as you guys know.
Like you can only gamble in Macau, which is not mainland China, but you cannot gamble in mainland China.
And so they basically kind of start to look at La Bubu's as gambling.
And the rumors started spreading in Asia,
which is the funniest fucking thing, guys.
The rumors started spreading in Asia
that it's all like money laundering.
Like, don't buy it.
It's money laundering.
So it's funny, like, how these things, like,
take over very quickly that, you know,
just people start talking about it in many different ways.
But anyways, like CB Spears, you should get a Labubu for sure, man.
Like, you need to have one.
Yeah, okay.
So we know that these things are really, really popular in, like, the real world.
Huge collector's item.
Forget about that for now.
So, you know, what's funny is this whole like ordinals conversation
and the opposition to it
has caused a lot of like
Bitcoin developers to say
you cannot filter JPEGs from Bitcoin
we've already
everyone we've already exhausted this idea
here on the show and everywhere else
but one of the common points that people make
a lot of the smart devs say is,
Casey just put JPEGs, put inscriptions on Bitcoin in what is like the most reasonable place.
But the thing is, is you can actually put JPEGs or arbitrary data in many, many places on Bitcoin.
You can go outside the witness data. You can go outside the specific
construction of ordinals. So the thing is, we've actually been kind of putting arbitrary data on
Bitcoin for forever. We've talked about this. And so the thing is, when people are arguing about
this, a lot of the ordinals defenders, even if they don't like ordinals, they will say,
ordinals defenders, even if they don't like ordinals, they will say like, well, here's other
places you can do JPEGs. And people like Post Capone would say, well, you can put a JPEG in a
taproot control block. And so what happened was this a couple weeks ago, like people have been
kind of like talking about these ideas in certain developer chats that I'm in for a while. A couple weeks ago in Miami, there was a conference called
PlebFi where there's a hacker, a hackathon. And in the hackathon, some people got together
and I'm acquaintances with most of them. And they put together a hackathon project, which basically demonstrated how to put a JPEG in what's called the Taproot control block.
And they kind of made a little proof of concept.
It was really fun.
And so what they did was in that JPEG, they're like, and we're going to put a labubu because it's a fun goofy popular thing
and uh so they did that they made a few different kinds i saw this i was like oh that's cool um so
i reached out to like one of the guys who's kind of like point man on it his name is stew
you may kind of know his twitter handle by now i was like um you like only the people at this like
hackathon because i was supposed to go but I was busy
only people this hackathon like like did this I would love to like experiment with this can you
like throw up this site again and like spin on this mint thing because I want to experiment
so we did and I was like talking about it I wrote about it and um I am a little guilty here in that
I kind of like kind of hyped it up a bit because I thought it was really cool that you know there's like a different thing and I like do goofy tinkering ideas on Bitcoin.
So basically Stu kind of threw the through this site up where you could mint a Labu change the
name to Labitbu and then it kind of started catching on. And so the thing is,
is you can track these with ordinal theory.
The same way you track your inscription,
you can look at the transaction
in which a Libutbu is created
and you can say that exists on a Satoshi.
This is an identical mechanic to inscriptions.
So we're using ordinal theory to track inscriptions,
which we call ordinals, I guess, these days,
and LibitBus, which are a new asset type, also on Bitcoin,
but tracked with ordinal theory.
So it blew up and people started minting these,
and the site's free, doesn't take a cut.
He's also got his GitHub repo open source
so you could run this yourself.
Very similar to Casey,
because you also have to have a deep parser.
So you have to have a program
which looks at the transactions
and sees that that's a LibitVoo.
What is a LibitVoo? What is a LibitVoo?
What is the taproot control block?
Well, if you are familiar,
some of us have posted these pictures of these like tree looking things on mempool.space.
And that is basically, if you think of the concept of taproot,
we can create like trees with branches off of them.
And each of those branches represents a spending condition.
I won't go into that.
We can make hundreds of levels of these.
And part of the magic of taproot in general is that you can find your way through this tree and find your path through that.
is that you can like find your way through this tree
and find your path through that.
And one of the ways you do that is
there is a thing within that transaction
called the control block,
which helps you basically define the path
of the spending condition.
You find your way through that tree.
I'm being really, really simplistic
because it's also hard for me to understand
and I don't want to confuse anybody.
So basically in the control block,
that is where the arbitrary data lies,
because it is arbitrary which path you take.
So you can instead put a JPEG there.
So the short version is you can put a much smaller JPEG there of 4 kilobytes in size,
and that's where your LibitBoo lives.
When you make a transaction creating LibitBoo, you can assign it to a Satoshi.
So then, obviously, the DGens wanna trade these things
and literally overnight, everyone's like setting up
like Chinese OTC desks.
And it's actually pretty straightforward,
like how to do it because you just track it
just like, you look at the outputs it's on.
And the funny thing is like the wallet ecosystem, while it does not support these,
like you can't go into your X-Force wallet
and like see your LibitBoo,
X-Force allows is very like communicative
about which UTXOs you have.
And so you can take that
and you can manually track which UTXOs
your LibitBoo lives on.
And you can kind of go back
to the first month of ordinals
where everybody was manually tracking like,
here's this inscription and here's where it lives
and we're going to trade this.
So then LifoFifo comes along.
And in classic Lifo fashion, he's like,
oh, I'm just going to quickly code up something
which totally changes the game
because your Libitbu lives on a Satoshi.
So you can inscribe that same Libitbu as an inscription on that same Satoshi.
Think of it like mirroring that.
And that is what he calls wrapping it.
So he quickly threw up the site where you can, finger quotes, wrap your
LibitBoo. And then you can take that wrapped LibitBoo and put it on a marketplace and you can
trade that. That's where it gets on a Magic Eden or SAFLOW. The thing is, is that because this is
also early, Stu is not like testing for edge cases.
LIFO is not testing for edge cases.
Like this is very much fuck around and find out.
Do your own research.
You know, make sure like you have to like, this is so early and nothing's set up to officially, you know, facilitate these transfers.
So like, this is the issue.
So like, this is the issue.
So there's no official collection or people were like,
you know, saying this should be in a collection.
Stu, whoever's like, you know, building on these things,
you should take the first 10,000 of these,
index them and call them a collection.
So Stu's doing that.
One of the problems is there is a little bit of discrepancy
between Magic, Eden, SatFlow, the various indexes one of the problems is there is um a little bit of discrepancy between magic eden uh sat flow
the various indexes that are the first 10 000 and that's just because it's really early and um
and nobody's like really done their research um i think today lifo confirmed and i was actually
worried about this i was not tweeting about this because I didn't want to FUD this.
I was worried that they were all off, frankly.
And then LIFO confirmed today that Stu's index,
so Stu's basically worked the entire weekend,
like didn't sleep for like four days,
basically rebuilding Ord
and like building a full SAT index,
historical SAT index.
So we could basically like reconstruct
where the existence of these little bit boos are so basically um lifeo confirmed that the sat index
he's got it on his site is the same as what stew's got um which is good so the other issue is that
magic eden had been tracking some of these first 10, but they'd set up a script to like automatically ingest certain like something or other.
And they left that running. And so they went it.
They have some Libit Boos, which are either not a either not Libit Boos or or they're like not in the 10,000.
Another one is like there's a Dune dashboard,
whichever he's looking at.
And the Dune dashboard kind of tries to,
you know, there's like an order to inscriptions,
like one through 10,000 to 100,000.
Well, I don't think the Dune dashboard
actually does the ordering correctly.
It just kind of says all the LibitBoo's in this block,
if there's 500 LibitBoo in this
block, we're just going to arbitrary, we're just going to call them zero through 500.
But they don't actually go within that block and make sure that, oh, this is the first LibitBoo
in that block. This is the second one. I think that's the case. There's a lot going on. I've said a lot. But basically, this is open source.
I will say that Stu works for a company named Char that I really like.
Jeremy Rubin started this, and they're building some really, really cool stuff.
So what Char did was basically say, Stu, this is really cool.
The tech that LibitBoo is built on is using a lot of things we plan on
using. We're just going to pay you out of our own pocket to go work on this for a little while
and kind of get it out to market. Maybe it's a good promo thing.
Wait, wait, wait. Sorry. To get the Libitboo out to market?
Well, no, no, no. So to get the, just to get like the, the ecosystem bootstraps so that you have an open source, you know, index,
you have a standard. Yeah.
So the people can like get on with like minting and trading these things.
So like not everybody, you know, it's not proprietary.
I don't speak for them either.
So the bottom line is like,
he's working on a new meta protocol basically. Correct.
Yeah. It's basically, yeah. It's like like a it's like a version of ordinals and um yeah and it's not going to be the same thing as ordinals oh one of the other
things is going back to the start when i was talking about you can pick them it is like it's
it is a ridiculous idea to even try to filter these because the way people try to filter it is pretty easy.
Inscriptions all look like a certain type.
They have a certain structure to them within the transaction.
It's pretty easy to identify that.
But it's not a LibitBoot because you basically are looking
at what looks like a normal transaction.
It's indecipherable except you have to now, if you want to filter,
you have to like run like your own deep parse.
You have to basically run ORD alongside your, you know, filtering Nots node.
And you have to like look at every single transaction,
see if it has a Libit boot.
And then you have to like, look at every single transaction, see if it has a LibitBoot and then you have to like, which is like we filter transaction,
you know, taproot transactions of over depth, like 125, which is a ridiculous thing.
And it's like to unfork taproot to like, to stop it.
It's so fucking stupid.
And I love it because, um, on one, you have to get to stop it it's so fucking stupid and i love it because um on one you have to get to play
around and learn some new stuff two it gives like devs like real devs some you know who are building
cool stuff something to build and like you know the the hackathon team behind this like two years
ago they wouldn't have been doing jpeg stuff but now they are because it's fun they kind
of like i mean and then um i just like to stick it to filter people because it's like fruit it's
futile the filter so okay those are i put it out there that's going on uh i can i can you guys can
lob a little bit blue questions at me i guess i, I feel like the maxis hate to admit this, but like speculation is a great way
to initially create the spark of energy in your kind of builder ecosystem.
Like this is literally exactly how Bitcoin got a builder ecosystem was people rampantly
speculating on a coin that at one point was a million dollar market gap.
Right.
So, um, yeah, like this is, uh, I think this is smart. speculating on a coin that at one point was a million dollar market gap right so um yeah like
this is uh i think this is smart it sounds like what took some lessons from casey's kind of first
first uh sort of situation to bootstrap some attention and yeah i mean i guess honestly like
deeper here because it sounds like there is more than meets the eye this isn't just i'm literally
hearing this for the first time i haven't been paying attention like i said i was offline mostly this week uh are smart smart to go offline
so are libitboos the first collection on this new meta protocol and what is the name of this
new meta protocol and like what are the benefits of this meta protocol because that's to me that's
a little more interesting than the Labibu.
This conversation is actually turning into something.
What if it would be the same name?
Labibu.
Because I'm laughing every time you're saying it.
It's so serious.
It's a goofy name, and it's hilarious, which I love.
So in the hackathon, they use the blue assets.
Now...
Hang on.
You came in and out.
You came in and out
right when you said it.
Sorry.
What's the...
Yeah.
Well, so
the name for...
The name that Stu
ran by me last night,
and he's tweeted out
a couple times,
and Casey
responded positively to it on a
space today. Stu calls them pathologies because you're finding a path through the taproot
and you have to be pathological in order to try to build something like this. So that's what that's
the working title but people are just going to call it what they probably call them a bit booze even when there's things which aren't a bit booze on there
so um wait wait hang on hang on pause pause pause that 10k collection though on magic
eden that life of fifo and stew did are you saying that a bunch of those actually are not pictures of the LibetBoo.
I have not verified.
It is possible.
At least 24 hours ago, there was some issue with some of them not being first 10K. There may have been issues with the wrapped LibetBoo not corresponding to a real LibetBoo.
That is fixed now.
I have not verified myself.
So there is an issue.
Magic Kingdom did kind of fuck up
like disclaimers, like guys,
like they had a big,
they put a whole banner at the top,
which is like, this is experimental.
Like it was experimental. yeah diego i'm sorry as an as an
average buyer uh i thought i would get some you know some explanation which i got but i'm somehow
more confused than i was before about what the hell is a labitbubu. I just want to know where to buy, where to buy this labitbubu or wrapped,
original, what the hell directly.
Labu is a real world toy.
Labitbubu is the name of the first type of JPEG.
Pathologies is the working title for the Meta Protocol. So everybody's
trading LibitBoo's, which are just images that Stu and the hackathon team put up there.
Now, some savvy that there are other images that are not libidboos which have been put on chain
uh yeah there's other people who are like running stew's code it's cool and then i believe
unfortunately there was probably as you would expect like punks like fork but i don't really have been paying attention to
that i think bro we have run this we have run this template so many times now i mean this is
honestly pretty amazing like we've how many how many times have we done this charlie over the
past two and a half years i don't know i own like at least, am I wrong? I own every bullshit beta punk trade ever
just because I'm like,
well, fuck, maybe I got to guess.
It's the original asset.
I guess I've got to get it.
So, yeah.
So, Charlie, I did the same thing.
I'm like, this sounds provocative.
It's Saturday.
My wife is screaming at me to go to launch.
I look at my screen lab to do
whatever i meant but i paid but i didn't finish sweeping or whatever it was called
did i miss it or is there a ghost labib2 coming ah so i don't want to speak for
if you use the mint site you may notice there is a deposit
and a mint function. The deposit does not go to anyone else's wallet. The deposit is actually
more like a setup transaction where the entire site actually goes to side and um so the deposit takes 10 000 satoshis and kind of
tees them up and then the mint takes those like teed up sats creates the libidbu um and then
actually i think refunds the remainder of the unused wallet i think there may be some consideration for like fees on chain um
don't quote me on that but basically i think stewart said something that if you like if you
got stuck in this process there may that they may he may like it in some capacity and i don't really want to speak for him here because the thing is everybody
was like slamming the site and he was just kind of like if like just pushing to prod the whole time
like well there's a million people well you know a bunch of people trying to do this and he's like
and the disclaimer's there he's like you know issues with it so he's like i'm just gonna update it live and so i think that
may have been the issue if i said something false about that specific mechanic i apologize
i'm not this is not like my specialty here and i'm like and he's like i'm not with them although
and a couple of his other close confidants just because it happened to like, I'd be, I'm kind of friends with him and I, uh, and I like, you know,
ended up accidentally being one of the first people to talk about it.
So you're officially, you're officially the PR you're a speaker of the house
down, well, it's Casey is like Casey, like, I just happened to be like the,
I guess like hanging out with Casey before this is like the thing is like I like these things and
sometimes sometimes they like take off and like I don't yeah so that's are you
is there like a little bit of discord Charlie to turn helping people out not
that I know no I I'm tired I'm tired no no there's no uh no there's
not okay okay okay i mean look i so i was just scrolling through my timeline i was kind of
curious i'm just to be super clear i'm not endorsing this collection i'm obviously probably
the opposite of endorsing it but there is i did see a collection called ladDoodoo. There's 300 LaDoodoo's slipping into Bitcoin like a bad idea.
No plans, just chaos.
Website coming soon.
This is minting tomorrow on Magic Eden now.
Just to be super clear, obviously I'm not endorsing this.
It literally says website coming soon.
They didn't have time to create a Wix page.
But my point is, when I see see that my signal is that like maybe
ordinals are back like we might be back guys i cannot remember the last time where we had like
a derivative of a derivative with a website coming soon and 2 000 followers excited for a
mint tomorrow um we may be back we may have, I've been saying on the show for like almost a year now,
ordinals will only truly be back.
Runes will only truly be back when you have that kind of new collection,
new meme culture happening.
And like,
if we don't have ordinals meant happening,
kind of like new collections,
minting,
I'm not saying I'm bullish on the new collections,
just to be clear.
I think there's so much absolute insane amount of garbage that comes, but there's absolutely signal to me when
everybody from the other chain shows up and starts launching Ordinal's collections that we're back,
right? Something is working. That's like some aspect of that is healthy. Obviously,
a lot of it is unhealthy. Same with the runes, meme coins. We need new runes. I think, you know, there's obviously some efforts being made there with RadFi recently, which is really cool.
But, like, it is important to have, like, new tokens being created.
It cannot just be, hey, we only focus on our, like, cult communities of the collections and projects and communities that have now been around for like literally multiple years, right? I think it's healthy as an ecosystem when there is that kind of newer projects, speculation,
kind of vibrant ecosystem of low market cap, newer things.
And I'm seeing that like with the Libitboos for sure.
And then I'm just seeing this LaDudu stuff.
Again, definitely not telling people to buy either of these.
I think the Libitboos is a lot more legit than the LaDdoo stuff. Again, definitely not telling people to buy either of these. I think the LeBippus
is a lot more legit than the LeDoodoos. But my point is, there was a period where like two months
ago, nothing like that was happening. I guess maybe like you could say Alkanes, but like,
honestly, Alkanes was the first kind of spark in a period of kind of deadness, I guess you could
say. And I'm feeling, I'm personally feeling more energy coming back
obviously the BRC 2.0 stuff um I can feel more energy coming back and yeah I just think that's
a in general uh kind of bullish sign to me that people are yeah uh interested in minting stuff
again um even if it's the ladudu derivative yeah we're it's it's not like every week we're just like trying to apologize
for shit going down yeah like that's bullish like that's like that's breaking right yeah like i
enjoy logging on and and i don't really like check my wallet but like i enjoy like logging on now
and like seeing what's happening on like magic eden or the other marketplaces like do you know it is not you seeing go down all the time a bear mark a real bear mark is when you
stop checking and so like um all the time now which is fun and i will make a point that um
i was like doing some back of the napkin math on the top 20 or so.
And I think half of them, a ballpark, maybe about half of them are above mint price.
Or it's like a lot of them are above mint price.
Charlie, that doesn't inspire the most confidence.
Oh, no. Never mind. I'm just a bad comment just maybe don't use that slogan for your pitch
half of our mentors are made in the problem oh man never mind well i don't well okay i'll stop
i don't know i was looking i was like oh too bad it was like this going through my head guys half
of our mentors have made money so far you please buy our project um no man i i think uh i think look to me this is like uh
this is less about the labippus than more about this new meta protocol i think which is interesting
maybe we just need to kind of do more of a deep dive on that at some point i'd love to hear the
kind of pros and cons um and maybe just have a couple things one okay yeah one it can't be
filtered so or i mean it real no reason wait no way to filter it so you
can always like stick it to the filter voice which i don't know if it's like a great like motivation
um two it's actually like the because it's so small it's kind of cute i think we could enjoy
like a little cute um cute meta and then um uh this is not a good place this is not this it's not a good long-term
jpeg protocol so like i would not be like um this as a place to permanently pivot this is a thing to
maybe like mess around on and buy the libidbuoo. I actually think that maybe LibitBoo bull case because it doesn't make sense to
launch many other things.
Maybe it's just one real collection.
More implications for, I would say, the infrastructure ecosystem, because a lot
of these like layer twos, rollups, whatever, yada yada, they need to put somewhere.
And this is actually not the worst place to post data, especially if you have an environment where people are trying to filter.
So this is very good for the design space of Bitcoin opening up because guess what?
design space of Bitcoin opening up because guess what there's like five
There's like five.
meta if you want like something to look at wait for the next like
protocol that is like you know better than LibitVoo and and I it's just a
matter of time before other people do it so you can like sit on your hand the
next meta because
there will be more there's like four or five other good places to put jpegs um and uh you'll just
have to wait till i mean they're there yeah i think big takeaway from this charlie's there's
a lot of places you could actually store data um we could bring we could bring like cypher and post
up here and have them just like you know with like yeah 20 cool places you could
do this the meta the meta has no limits you you can do you have to like listen to it back like
a year later be like oh that's what they're talking about and it doesn't really but um
the real unlock is that we can track these with ordinal theory so like if you put these if you
put jpegs on bitcoin we already know like how can you trade them that's why it was so cool
like oral theory so cool is because it you may be basically deliver in a very very uh simple
straightforward way ownership of assets and that's why it's really cool so like all of these it's not
like you have to like bootstrap every single new major new idea it's like you just have to figure
out where and then the ecosystem
knows how to trade it that's the cool thing so that's what i'll leave you all with um i have
other evening plans and i'm gonna go back to those now but um yeah glad to be back and i'll see you
all at valhalla all your tokens over a billion appreciate you Charlie Have a good evening bro
Guys Labitbu got us
To more than 400
Listeners so
Dude Jan I'm gonna change it
From a Labitbu bull case
To Labitbu rugged and we're gonna get to 500
Yeah let's do it let's do it let's fucking go
I'm gonna do all caps Labitbu rugged
With the caps
I got rugged.
You see how long it took for him to answer what was my money?
I still haven't done it.
Half the mentors that made money, Diego, shut up.
I was the other half.
It wasn't expensive, no?
It was super cheap.
It was like $11, $12, which I'm going to kill myself if it goes up.
So let's put it rug pull.
Yeah, I got rugged.
I'm a first testimonial.
I think this will go to zero.
Oh, shit.
Every time somebody comes up here and gets mad, I'm getting lots of recall of like April
2023, posted phones on stage stage already is like 20 cents.
And he's talking about, you guys cannot do this kind of thing in the order envelope.
It makes no sense.
You guys are retarded.
Like John Trevor, do you guys remember that?
Like I vividly remember him calling us retarded and using the word order envelope like 50 times.
Oh my God.
I don't even remember how many times i've been called retarded you know
over the years so you know it's uh it's okay you know we're we're used to it you know we're kind
of we're just cranking away you know every day um well look look look um we'll have to follow
the libibu stuff i don't actually to be clear i actually think like look some of this libibu
stuff is like kind of interesting um anytime like the basically my signal is the devs who are behind it and there's some smart
devs like building some interesting stuff so you know let's let's let them cook let's see what they
do um i think i think what is interesting here and again like i i don't have any of these i i
missed on it and uh you know like i what i like like based on what CB Spears mentioned is I like the fact that they're actually trying to like build some sort of like, like new tech or a new meta protocol or something like that around it.
And, you know, you guys have heard about Char Network before.
I've met Jeremy Rubin a couple of times and I know they haven't really been public about it too much.
I think we should definitely get him on at some point to talk about it.
I've actually discussed this with him in the past.
I even wanted him to come to Hong Kong, but unfortunately for personal reasons, he cannot make it happen.
But I think these guys are obviously very serious Bitcoin deaths.
They are very deep in like the core community. Like I was in the US at the Opnext event
that also Charlie hosted with Blogspace Media
and it was amazing.
It was like, you know, 100 plus people
and they're all like hardcore Bitcoin developers,
you know, or like Bitcoin OGs.
And so like if these guys are like involved,
if you see this kind of stuff coming out of Plebfi,
which again, I would, you you know i've heard about it but i would consider this kind of hackathon as like much more hardcore
right like like it's really like more hardcore bitcoin and so if this kind of experiment if this
kind of stuff comes out of those those hackathons i think this is extremely bullish right because
that means that even these hardcore deaths are playing around with uh with stuff like ordnance and like they're trying
to like you know maybe improve that and like use it for other purposes so you know i think this is
extremely bullish to me like i i don't really care about the price of the lapid bull i mean
lost 10 bucks if it doesn't work out i'm sorry guys but like you lost 10 bucks if you're buying
it on the secondary speculating then then I don't know, right?
That's always hard.
So that's kind of like I wouldn't do it.
But if you want to do it, then it's up to you then.
But I think the tech behind it is cool.
Yo, Jan, I think we won.
I think the Ordinal show won.
I think, you know, Ordinal and like opened the Overton window for builders
on Bitcoin.
I mean, like, yeah, it is actually pretty wild.
I think the entire culture has changed.
Why it's even wilder, right?
Is that, you know, to some extent, many of these people were kind of, and again, I'm
not saying that it's the LaBitBoo
guys that came up with it, but like, if you, if you remember at the beginning, many of these
deaths, many of these hardcore deaths, they were not, not necessarily against ordinals. I wouldn't
say that they were the crazy ones, like the Bitcoin Maxis that were like shitting on us
all day long, but, but they were not necessarily engaged, right? Like a lot of those guys were kind
of just like, you know, they were like, yeah, it's interesting. It's cool. But they were not necessarily engaged, right? Like a lot of those guys were kind of just like, you know, they were like, yeah, it's interesting. It's cool. But they were not necessarily building
shit around it. Right. And now like, you know, you see these like hackathons and let's say we're
not even there. I wasn't there. I don't think that there was a lot of these like Bitcoin season two
companies there necessarily. And they're still building cool shit like that. Right. So to me,
that's like a like a
point of validation that like yeah we definitely succeeded and i think this is fucking bullish so
so to me like if if this is the stuff that is going to come out of this experiment i think
i'm extremely happy about it you know and i'm here to support it of course that's why i i tweeted
about it i was like i want to learn more about this death. Like, how did it come to be?
And, like, what else are we doing with this?
Be honest.
You were attracted because it was the LaBubu trend.
No, man.
I mean, no, that's not the main reason.
But, man, I think, man, I like LaBubu.
I don't think this LaBubu is necessarily what I had in mind for on-chain Labubu.
Like, I want to see somebody to, and I hope maybe Trevor is going to do it,
but, like, what I want to see is, like, the combination of offline, like, IP
and, like, some blind boxes and ordinals and NFTs, right?
Like, I think that's something that I would like to see
because what the Lab Bubu showed me personally
is like people shit on NFTs,
they think it's bullshit, it's just speculation,
but look at these fucking TikTok videos
where people are opening blind boxes of toys
and they're like, they're even crazier than us
when it comes to minting some stuff on chain,
some JPEGs on chain, right?
And so it's pretty clear that the
product market fit is there and we just have to penetrate both worlds right and uh so that's that's
what i'm personally excited about this lot bit boosting i think it's a different experiment but
again i'm bullish i'm bullish on the tech so that's that's my point of view i would actually
encourage everyone like jan is our little boo boo expert on the Ordinal show and everybody should click that and like that is investment advice.
I would say everybody should.
Jan is like the Michael Saylor of the little boo-boo market.
I'm starting a boo-boo treasury company.
I am buying everything that is available on the market.
100%.
Jan is our expert on the show.
So hopefully everybody who's into the Labu Boos took that advice seriously from Jan about the Labu Boos.
It seems like he's calling for a maybe new Labu potential situation in the future.
We'll have to see what happens.
We have 427 people listening live to the Ordinal show right now.
I'd really appreciate it if everyone goes to the pinned tweet and just throws it a
retweet, throws it a like really quickly.
I pinned it just above smash the like button, you know, let's get 500.
I mean, I think it's a very reasonable goal.
We can get 500 people in here who care about Bitcoin, who care about ordinals, who care
about runes.
You know, if you want to come hang out on stage, like if we fill up the stage, more people will come listen. It's very clear to me
that like we have an uptick in interest. I see people on other Twitter spaces, other crypto
Twitter spaces, Ethereum, Solana, you know, talking about ordinals, talking about runes.
I think it's starting to get exciting again. I think people can kind of in general feel that.
We had another rune logo get listed on Kraken recently.
We've got new Ordinals collections popping up, new Meta Protocols popping up, BRC 2.0 coming out soon.
A lot going on.
It's an exciting time, guys.
I do see we have...
Guys, a lot of stuff is going on.
We can definitely get to 500 people.
Let's make it fucking happen.
We're bad guys.
Everything is fucking going back and I just want to say Leo like you guys have to come to Hong Kong if you
don't if you guys don't come to Hong Kong you're gonna miss out on so much
because you know guys like you're talking about all of these meta
protocols like BRC 2.0 and stuff and like guys you know that Asia matters
like if we're supposed to come back to all-time highs
We need to activate Asia. Okay, we need to get we need to we need to be working together
You know and and Hong Kong is the best place to unite the East and West
And so this is my personal mission guys like, you know, I am I'm here to build a bridge and
You guys just have to come and support that's that's all we have to do
if we unite the east and west and it doesn't really matter which meta protocol people like
and dislike and like you know what is what is the thing but if we can unite people in the bitcoin
ecosystem and east and west like we're gonna win bigly you know guys we're gonna win bigly
so come to hong kong if you don't come i don't know if we're gonna win big Lee. So come to Hong Kong if you don't come
Now I don't know if we're gonna make it guys I'm just gonna
You're on your mission also is to onboard Tim Draper the dog and let him know what's got what's going on over here
Cuz I don't know I was looking through a couple tweets guys
If this is the only thing that I have to do, you know to make sure that we win
I mean like guys like I I can pick up a call and I can make it happen.
Like, I can get, like, I got Tim Draper, guys, and, you know, like, and his team.
I was the guy who set up their X-Force wallet and got them first ordinal.
They got Nulish as the first art that they had, and that that was like two and a half years ago so if you're
just telling me that like all i have to do to get you guys here is to get tim draper some dog guys
come on like you know i can do better than that no i think this is easy job guys come on yeah
actually what happened j-dog was we actually reverse engineered it so the initial goal was
get tim draper to buy a dog and then jan and i plotted to have him create a conference that was at first unassociated with dog and then
we would get tim draper to come do it and then jan would pitch pitch dog to tim draper and then he'd
become a dog holder so that's actually what's going to happen and tim draper's going to join
the dog army and one i mean i feel like the him, right? Like, I don't know.
The way I see it is they're all Bitcoin maxis.
They hold a lot of Bitcoin.
If the Bitcoin meme coins, I don't know.
Arjun is saying this, like, in order for Bitcoin to win, Bitcoin meme coins have to win.
And I don't know if he's too far off.
These Bitcoin maxis start pushing, like, Saylor.
I remember going back into some tweets while you were gone, Leonidas, where you were messaging Saylor.
Saylor already has dog.
I don't know, man. I think this is how we pull capital away from these altcoins into the Bitcoin
ecosystem. And it just bolsters their own investments. So for them, it's, I mean, it's a
smart decision to be pushing the Bitcoin ecosystem. And I think they're already on that path. And
maybe they're just waiting for the right moment. But maybe this is the right time. Maybe Bitcoin
Asia, I mean, Bitcoin Summit over there is the right moment where we get
a sailor and Tim Draper to start pumping dog and take it to the moon.
My life's mission for this month is to get sailor to BTC summit.
And once he gets there, he will also buy dog live on the stage.
Yeah, Lexito, let's make it happen i mean you know like realistically speaking guys
like i think i think yes like i think that the bitcoin asia the whole week i mean bitcoin summit
like again i i love that you guys think that i'm the the biggest guy in ordinals but like i'm not
gonna be able to host a conference for 10 000 people i'm i'm not that big i'm not that powerful
yet but uh but like you know what we're doing obviously we're curating the bitcoin builder
ecosystem and i think we're going to host the best event in that area and it's not even close i think
like a lot of people obviously are supporting a lot of people are coming and i think we're able to
get really amazing speakers to come by and just kind of again like curate a list of speakers that are
both from east and west because i think this is important because like a lot of people like
sometimes look at it and they're like oh yeah you know you guys are just gonna push your own
narrative no like like really the bitcoin summit is to provide a stage and offer every single
builder that is doing something interesting in the bitcoin ecosystem a place to share it and you know
you you know it's it's a fact right like we are gonna have alkanes and you know like xverse doesn't
even support our games we're gonna have people from unisad which you could say oh they're our
competitor like i don't really care about that like i just want to make sure that the bitcoin
ecosystem wins right and so uh so i think we're we're gonna do a really really good stuff but kind of going beyond
bitcoin summit i think the bitcoin asia is really good opportunity because there's gonna be a lot of
eyes on bitcoin in asia and we're gonna be able to introduce all this stuff that we're doing i mean
you guys again i'm gonna talk about dog because you mentioned dog there's many other communities
coming as well but dog is obviously one of the biggest ones and you know these guys
are like they're gonna make mascots they're gonna do some crazy stuff and like this stuff the way
we position bitcoin summit the the reason why we even like decided okay let's partner with bitcoin
asia is because we want to give uh people the opportunity to be exposed to as many people as
possible and the way we set it up is that the
bitcoin summit entrance is literally like like three steps away from the bitcoin asia exit and
so basically every single person who comes through bitcoin asia even if they don't have a ticket for
bitcoin summit even if they don't go to bitcoin summit specifically because maybe they don't care
maybe they're just like a mass market audience. They're just learning about Bitcoin for the first
time. And they're like, oh, this is too advanced for us talking about meta protocols and stuff.
Even if they don't go, they will still see what's going on inside of the Bitcoin summit.
And so this is the reason, because again, we just want to give exposure, as much exposure as possible
to the people that are doing quotient in the Bitcoin ecosystem.
And so, you know, yeah, like, you know, in any way you guys can support it.
I would love for you guys to fly and be there with us.
I understand it's not possible for everybody.
So I'm not going to be like holding you to that.
But just like retweet what we're doing like like talk about
what the dog army is doing for hong kong like talk about this stuff like all that stuff is
is just gonna make that event fucking amazing and we're not so far away from getting michael
sailor i mean he's probably not coming to asia i don't know what the reason is but he has not
attended any of the bitcoin events in asia in the past so to be realistic i don't think we're
gonna be able to get him uh because he would probably already confirm by now because meta
planet is also uh gonna be there so if he was coming he would probably confirm by now he confirmed
many other conferences around the world but he didn't confirm this one but man it doesn't happen
this time it will happen next time like it's fine. Like we're just gonna keep doing our shit
we're gonna show people that we fucking have the best community ever and
They're gonna show up eventually so so I'm not worried about it, but but yeah, that's that's just my spiel
I wanted to share that with you guys, but but let's let's continue Leo
Let's get let's get more people excited about Bitcoin. Let's get 500. We have 440. We're almost there. We're 445.
Yeah, let's go.
Let's go.
What the hell are you talking about, Jan?
Saylor is not coming?
Why are you so pessimistic, man?
Why am I writing articles about Saylor coming to BTC Summit?
Man, I don't know if he's coming.
I mean, Saylor is the kind of guy.
I don't have his phone number, bro.
Like, I wish I had.
But I don't have his phone number to call him up.
Otherwise I would be calling him right now, live on the Ordinal show.
And I would be inviting him to Bitcoin summit if I had his phone number.
But, you know, I am I'm not there yet.
I'm going to get there soon.
Don't worry, but I'm not there yet.
So I cannot promise Michael Saylor, but but let's let's try, bro.
Like Tuxedo, you're leading the way.
Let's make it happen, man.
That's what I see on the timeline.
I'm going to be curious.
Wait, Nomi, Nomi, you're breaking up.
It's kind of hard.
It's kind of hard to hear you.
Who did you say is posting ordinals?
Check it out.
I peed to the time. the top okay okay sweet
oh yeah cdm
yeah i i think because domo has a pretty big ordinal collection um i think that's pretty
public knowledge oh we should we should we should rate this one guys like you know
every single person should go and retweet this post and and like screenshot it and like do the
ordinal side of things like like we we need to do this man like you know this is always good
i mean he he like they're they're pretty bullish on ordinals they've been tweeting about it since
the very beginning as you said leo like they probably have pretty big back so i'm not surprised uh but you know yeah let's rate it let's let's let's fucking go like you know this is awesome
just repost like and reply i just repost liked and replied but if we should yeah if we yeah me too
got every person in here to go repost and like and reply that's you know instantly a viral tweet for
cdm and i'll bet he'll be a lot more interested in talking about ordinals maybe we can uh get their someone from their team to come on the show
um they've been very interested in orals in the past and uh still are very interested in ordinals
so yeah they're collectors they're collectors those guys don't waver you know they don't waver
well yeah they also just love art and i think like the idea of like putting your art uh in in
bitcoin box store it permanently i think like it's a pretty it's a pretty strong pitch for the
people who really care about longevity and long-term um holding holding and collecting um
jaydog you had mentioned arjun had said uh for bitcoin to win bitcoin meme coins have to win and
i saw some people fighting it a little
bit. And I just wanted to call out for people in case it wasn't clear that statement that he made,
it's a little bit of a meme of itself. What he's saying through that is that for Bitcoin to win
the blockchain of Bitcoin, we need to have the ability to issue tokens, to do DeFi, to do NFTs,
to do all of the innovation that we're doing on
other chains but on bitcoin right so that's that's what he's saying there um with that he's not
literally saying he is kind of literally saying because it's like there's no way you do that
we need a scale bitcoin we need a scale bitcoin is really what we're doing scale bitcoin but it's
almost like i would say have it become more programmable, almost in a sense, because when you say scaling, it always brings up these weird conversations around block size and all sorts of stuff like that. basically just saying it's like everything that we believe here like you should be able to issue
tokens and non-fungible tokens on bitcoin and trade them on bitcoin and you know do defy loans
and and you know do like literally just like the pizza pets game that trevor did like that there
should be hundreds of companies doing games like that on bitcoin like we should have a robust
vibrant token economy on Bitcoin,
a DeFi crypto economy on Bitcoin. It is literally the largest and most secure blockchain.
We inherit those properties. We put them towards all of these use cases that these other chains
have basically been testing grounds for. We bring them home now. We issued the tokens on Bitcoin.
We can have a dog coin on Bitcoin. Obviously, that's inherently better than a dog coin on Ethereum or a dog coin on Solana. And I think he's very actually accurate in what he's
saying there. And I don't think it's that silly. And I think the people kind of fighting that
statement were not fully understanding that he was kind of talking. He was kind of talking
cryptically slightly there, but there was a deeper meaning to that. Or at least that's how I
interpreted it. Troy, what's up man how we
doing troy before we go to you guys i have one thing to to announce i have one thing to to share
if we can get to 500 listeners live i have something cool that that i'm gonna i'm gonna
share i'm gonna blow it up it's related to kraken it's related to bitcoin summit It's related to Bitcoin Summit. It's related to their love for runes. And so if we
get to 500 listeners, I will blow something up and maybe we can encourage Argent to come to Hong Kong.
Let's see. Let's see. Okay. So, I mean, look, guys, we only have to get 36 more listeners
and Jan's going to drop some alpha for us. So I think that's pretty,
I'm going to be honest.
I'm just going to wait here until we get to 500 listeners.
That's like,
we should be there very quickly.
Go to the bottom right of the space.
You'll see the little purple button for the replies.
Go reply to the space,
comment on the space.
If you want to come hang out with us up here,
come hang out with us.
Let's get to 500 listeners live on the ordinal show. It's been a minute since we've had 500 live concurrent listeners. I think Ordinals
and Runes are officially back. The Bitcoin ecosystem is officially back. And we're just
excited to continue to host these conversations with you guys and hang out with y'all. It's been
a crazy over two and a half years now that we've been hosting the Ordinal Show. Twice a week,
crazy over two and a half years now that we've been hosting the ordinal show twice a week every
week i think that comes out to like you know almost 300 at least 200 shows somewhere between
200 and 300 shows uh each show goes for many many hours we've already been hosting this show for
three hours now we're going to keep hosting it until we get to at least 500 uh people listening
so if you're listening want to come hang out with us,
I see a lot of familiar faces down below.
Like, please just come request, come hang out with us.
And yeah, hopefully Jan's going to get to drop some alpha for us here in a moment.
But first, Troy, over to you, man.
What's up? How are you doing?
I'm good, man. How are you doing?
Good.
I mean, you seem like you're doing great.
You're on a roll, and I'm glad you brought that part up about readdressing that tweet that the other gentleman was suggesting.
There's degeneracy over here. There are people that trade a lot over here on our side of the coin.
No pun intended with the coin, but it's just it's just not the same as, uh, as like, say something like say Solana, right. I mean, even ETH, ETH main net sort of
coins to struggle. Um, but Solana has that sort of degeneracy that's built in, but it's because
of their, their scale and the, and the, the ease and the feasibility of, of all that stuff. And I,
I know that I imagine that we all understand that. Um, so it you know, it's it's going to take like all hands on deck from all kinds of sectors, you know, whether it's art and, you know, people are going to fud stuff and because something they don't want new things to come into their neighborhood because they're just happy that their neighborhood just kind of settled.
But, you know, and for Cosmo, Cosmo to tweet that just now is great.
I mean, because a lot of people in the space are like, of course, art should belong, should belong on Bitcoin.
They're just not quite totally here yet. And
to have someone like Cosmo on, so you, you, I haven't been on your space in a while, man. I've
just been too busy. Uh, by the time it gets around, I'm just like, whatever. But the point is, I don't
know how many, how many art discussions that you have. Cause I know there's a lot of people here
that are invested in all kinds of different areas and maybe some people don't like art, but man,
having him on there and having a gateway for some new artists old artists to just have discussions in this space whether
it's this space or uh whether it's another space but just like you guys have a major job to do
you know and you're you're doing it but man opening up that door it's like all hands on deck like i
can't say that enough you know um it's you it's, you know, I'm not just art
heavy or trading heavy. I'm just like, I got my, I'm dipped in both and I'm open to things coming
into the neighborhood and checking them out, you know? And as far as cracking, I love cracking,
cracking, best customer service in the space, especially if you're in America. Um, the problem
is they got to up there, they're, they're getting there, but they got to get rid of like David
Portnoy. Like I'm tired of seeing those tick tock out. They got to go with They're getting there, but they got to get rid of, like, David Portnoy.
Like, I'm tired of seeing those TikTok ads.
They got to go with, like, Dave Chappelle.
They just changed their wallet to crack.
Like, they got to just – they're good.
Troy, you should be the spokesperson for cracking, man.
100%.
I was just about to say that.
Let's get Troy and Vincent, and I'm down, guys.
Maybe I will move to the U.S. to use it.
Mr. January.
I mean, Jan, I love you, bro.
I missed you.
I missed your legs.
I missed your legs.
That didn't sound right.
I missed your legs.
That doesn't sound right at all.
And by the way, Leo, if you change the space or added that Leo is finally going to docks
in Hong Kong and he's actually two foot nine, bro, like that is 700 people instantly in
the space. But on a serious note
yeah but let's not waste this guys this is too good we can we can definitely use this this click
bait to get to 10 000 you know listeners at some point we don't we don't have to waste it for 700
man no no no of course yeah but listen if you haven't ended cracking i mean i'm not going to
call our customer service asking for a job and And I'm not desperate, but I love doing content.
And I would do it with you, bro.
We can lift barbells, whatever you want, you know.
And Leo can be on an iPad and just be with us.
Man, all hands on deck.
As you said, Troy, where's Fez, man?
Bro, I'm bringing you back.
I swear to God.
I posted something the other day.
And I think people like it.
People telling me why not.
I said, bro bro i stopped because
board the job club is going into the and it's lost its vibe so you know hey feds shut the
up anyway so that's the that's uh sorry he's taking my phone um but yeah i think i'm gonna
bring him back you know so i'm sorry but like that's and you gotta do it man i to be
honest like i i follow i follow fast and he has not posted in a while and i'm like should i
unfollow this guy so man you better you better bring him back i just posted something like three
days ago i was at lunch having a 22 burger you should go in your la go to father's office it's
the best burger in in the state um but i was there and my buddy goes, you should do it.
I said, all right, I'll just do one right now.
And we just did one for fun.
I forgot to send it to you.
So I'll send it to you, but I'm going to bring it back.
But more importantly, I'm glad to be back here.
Thanks for inviting me up, Leo.
That was a surprise.
I was just going to listen.
And hey, Trevor, what's up, bro?
Not much, Troy.
Good to see you, man.
Good to see you. Are. Good to see you.
Are you going to do a little bit, boo, IP or what?
And should I write lore for that? What's going on?
Should I get Dave together? Are we doing...
What are we doing?
I'm hoping, man. I'm hoping that Trevor is going to do something.
I'm just waiting for somebody to seriously take this on, man.
And let's do some blind boxes, physical toys,
and let's pair it with some fucking dope IP.
That's what I want.
Yeah, I mean, I'm going to say this again.
I know I speak a mile a minute.
I have a lot of thoughts in my head,
but like dog almost hit a billion, right?
Like literally, it's just called that.
We were one penny away from hitting a billion.
Bro, I know, I know.
But like in the scalability,
that is the only one that has danced that close on the precipice.
That's what I'm talking about, that like you can't stop these developers.
Yeah, sure. There's going to be some extractors and, you know, let's do a bit boot 2.0.
And let's oh, the next ones are going to be rug or this BRC after Adderall's.
It's not going to it's just like just like like, like, don't mint then. Like, like FUD or
like criticize, but, but like, like these people are trying to experiment. The first ones at least
are trying to experiment, you know? Like, I'm not perfect. I'm not always right, but it's just like,
we, we, we, we just need some scalability, you know? But everybody knows that, so.
Troy, hang on, hang on, hang on. The real reason I invited you up today and
what everybody has been waiting to hear is what do you think about Jan's new PFP?
I just fucking noticed it.
I'm like an idiot, and I have my readers on, and I see clearly.
What's up?
Is that an honorary?
What's going on?
Trevor, you have some explaining to do.
It took several years to get that.
We added this.
This is a new trait in the in the expansion
awesome guys this is going to be the most popular trade this is going to be the most valuable trade
in the entire pizza ninja collection there's there's going to be some others i don't know i
don't know about the thumbs up though they're holding the dumbbell like maybe they're holding
a sword the same way as the dumbbell or something else in the the right hand trevor if i'm excuse me if i'm speaking out of
turn i haven't been here in a couple of months like i haven't been on this space a couple months
for no other good reason just for timing time poor time poor um have you talked about anything
that the ninjas are doing or that we're doing i mean just like is there not yet not yet all right
all right keeping it close okay all right all right all right all right that's it that's it are doing or that we're doing? I mean, just like, is there any? Not yet, man. Not yet. All right. All right.
Keeping it close.
Okay.
All right.
All right.
All right.
All right.
That's it.
That's it for me.
I just want to listen now.
Troy, no front running announcements.
Okay.
You got to.
Sorry, Trevor.
No front running announcements.
I should have texted him.
I should have.
No, there's no real announcement.
It's just like we're building all the time.
So it's just fun.
It's just fun.
Don't worry, Troy.
There's only 500 people listening.
I'm sure nobody heard that.
So, okay, Jan, do we like the dumbbell over the shake weight?
I think this is the main question a lot of people have been asking.
Obviously, the shake weight, Jan, you weren't a huge fan of the shake weight idea.
The shake weight idea, the dumbbell much better, looks much, much more masculine.
The dumbbell, much better.
Looks much more masculine.
I think you need, I think, I think actually Jan owes a huge apology to my friend and co-host
of Space Trevor because, I mean, I'm seeing a wonderful, beautiful PFP that was crafted,
handcrafted for you.
And there was a lot of shit talked on this show over the past two and a half years.
And Trevor held up his end of the bargain. And know i think troy likes your pfp i think a lot of people
are throwing up hearts right now actually every every single listener right now i'm seeing throwing
up a heart because they love yon's pfp so much and i just wanted to know if you wanted to say
anything to your friend uh trevor man this is the best pfp man this is the best fucking pfp and so uh you know obviously i
appreciate it and uh i'm telling you this is gonna be the holy grail of the entire collection man
like uh people are gonna be putting offers for like you know 10 btc floor i'm telling you man
so uh uh we created a movement we're creating a movement. You know, it's going to be the fifth movement inside of the Pizza Ninja collection.
You know, and nothing beats that, guys.
Like, you know, this is the way.
That's going to be a formagger too, right, Jan?
Of course, this has to be a formagger, man.
This has to be a formagger.
So, what are you going to do with the other other like 300 3.9 megabytes of space are you gonna like should we put a recording of um Hans and Franz from SNL
where they're saying like I'm Hans I'm Franz I'm gonna pump you up you know basically they're your
cousins anyway right so or I'm playing Jan I'll play to Hans and you play well yeah I'm sorry I
can do it let's role play it right now, Jan.
Troy, go.
I don't even know what it is.
I don't know what is the Hans and whatever, but I'm down.
It's these two.
It was SNL.
It was Kevin Nealon and Dana Carvey.
They're two actors, comedians.
And they wore these fake muscles under their sweat suit like whatever
and they were just acting like kind of like arnold schwarzenegger-esque this was like in
the 80s whatever it was very i mean like it was a hit you know on snl and they'd be like
we are hans and this is france and we are here to pump you up and they slap their hands and just go
look it up it's all i like it i like it i like it i like it you know we need we need
more we need more pumping in the in the bitcoin ecosystem you know like like what you mentioned
troy like you know i don't know but i feel like you know we need to send leo on a vacation from
time to time to be honest guys because you know this guy has been grinding so hard non-stop hosting
these things but i feel like today after the three days of of rest man like like leo's
energy is on another level man you know like he's definitely pumping the space like a lot that's why
we i think we have 500 bro do we have 500 oh shit we have 500 you owe us some alpha man we have 500
we have 500 people listening so okay i'm gonna i'm going to tweet it out, guys. Let me – give me a couple minutes.
I'm going to craft the tweet, and I'm going to pin it in a second.
We had 501 when he said his was going to be the highest-priced ninja.
One person left.
I mean, I don't know.
Jan's fitness club, Troy, is pretty cool.
But I'm also starting a dog movement inside the ninjas and have a pretty cool trait cooking as well.
I also have a special connection to the Pizza Ninjas artist.
And, yeah.
But, bro, this is not fair, man.
We have a little mini dog army.
We have a little mini dog army that's, you know, I'm not going to lie.
It's a pretty strong group of ninjas, the ninja dog holders's not fair you're gonna have to step it up man you're
gonna have it's not fair man you have entire army with you i don't have an army i'm just like a
like a single guy lifting weights and trying to get people to bitcoin yeah this is this is a
serious suggestion so like like like yes there's memers on the timeline.
Like you have the dog army, you got like people in Gizmo and like Billy, like they're doing their job, right?
But a lot of these people don't go to IRL events.
They can't afford it or they just can't make it or they're not near.
It's just a lot of money, whatever, even though they'd love to be there.
We got to be able to have memeable things at these events. So like, if you're not like having like 50 shake weights,
like passed out to people to take,
like, just like you got to like to introduce,
let me explain to you in like in a theatrical way,
like, because I've come from the movie business.
If I talked to a producer a long time ago,
I said, how come Turkish people,
cause I'm Turkish are not represented in movies and TV in America America, even though the Turks and the Israelis and the Persians or the Iranians sell the most TV shows to Hollywood?
That's a fact.
Those top three countries.
And he says, because if you're if you you have to learn.
How the culture of like, say, if there's Turks in a a movie they have to be able to make fun of
themselves so it's easy spoon feeding and people feel relaxed like oh even they see like the the
American culture can see that these people have a sense of humor about themselves because it's not
lost on them same thing like I wouldn't take these events so serious that they just become like library sessions.
I mean, listen, a lot of our events are fun parties.
The conferences can be sometimes yawners and some people are interested.
But, like, memeable things.
Like, being able to make fun of ourselves in the least cringiest way.
I'm not saying shake weights is the way.
But, dude, it's hilarious.
Something like that
and then for bro send me send me ideas bro send me ideas i am down for everything guys like
you know what i can tell you the bitcoin summit we have dog army we have the billy cat guys we
have the pizza ninja guys we have the you know else? We have the magic internet money guys. We have like a couple of these like communities
that are really taking it seriously.
They all reached out to me.
They're making mascots.
They're making some like, you know, inflatable stuff
so that people can take pictures and whatever it is.
And so we're definitely gonna make sure
that like the community is represented in a very fun way,
in a very, very in a very very cool
way uh but man if you have some additional ideas like for how could we make something like into a
meme and a movement i don't know like i'm happy to put together some sort of like a photo booth or
some box with something some props so that people can take pictures, videos, like guys, send me ideas. Like, you know, I'm open to anything.
I mean, I mean, it's just coming to me now.
And I'm not saying these are right, but like a couple of months ago, like, you know, like
Udi went hard on the timeline.
And I particularly like Udi.
We have a good relationship, but I also made, I didn't post about it because I didn't want
anybody to get the wrong idea, but it's definitely funny.
I took one of Udi's pictures that I have, and I made a dartboard out of it digitally.
And I just thought, like, that'd be great to have, like, some of our fun kind of, like,
adversaries in this space and have, like, digital dartboard throwing contests, IRL events.
It's just hilarious to me.
I mean, you've got to think outside the box.
Like, people want to have fun.
They don't want to be yawned out of your party.
They don't want to say bye once.
They want to say bye 15 times because it's hard to have fun. They don't want to be yawned out of your party. They don't want to say buy once. They want to say buy 15 times because it's hard to fucking leave. I'm just, I'm giving
you my wisdom as much as I can, you know? So, um, but yeah, if I have any ideas, any more ideas
that are actually good, I'll send them, I'll send them your way. Yeah, please send it to me. Like,
you know, I, you know, man, I, I am, I am more than willing to give a space to everything. Like,
you know, people are free to like,
again, like the way we want to engage with the community,
like, yeah, just come over and do stuff, you know?
Like, that's what we want to do.
Obviously, like, you know, we have a lot of great companies
that are sponsoring us and, you know, we're extremely grateful.
I posted about it yesterday.
Without them, it wouldn't be possible.
So like, we thank every single one of them.
But like, if there is somebody in the community i also understand like there's people that don't
have that crazy budget that cannot do anything like something crazy but like these things actually
don't take that much money like some of the some of the mascots and the things that the communities
are doing that's like you know it's a thousand bucks or something like that and we're not even
charging anything like that's done by them uh we connect them with the right people they can do whatever they want and you know we're
not trying to monetize these things we just want the community to come be represented have fun
and as you said like we just want to make sure that people know about the bitcoin culture they
know about these communities like what kind of assets there are you know what kind of people
there are that's what we want to accomplish, you know, and especially in Asia,
because like, yes, there's obviously a lot of Bitcoin whales.
There's a lot of people that are heavily involved in the Bitcoin ecosystem on the Asia side.
But also there's a lot of people that have no clue what's going on here.
You know, like Asia is kind of entirely new market as well,
because there's just so many people.
And, you know, yes twitter or you know online you
can see a lot of people engaging uh and speculating but but when he goes to these events like people
are just like still learning about it they're still trying to even get on board it to bitcoin
and so if we can do it in a fun way of course like you know it's gonna resonate with a lot of people
so you know like any ideas yeah guys dm me, please. People just want to feel included.
And Leo, I don't know, again, I don't check in on dog every day and I don't know what's going on
ecosystem every day. Like we all have lives and stuff, but I noticed like, I don't know if you
know soul Jakey, but like, he's trying to raise only $10,000 for like animals. And I thought that
was kind of cool. It was a, it was a meager amount. And I'm wondering, does like dog have anything that relates to animal care in some kind of way?
Would that benefit at all? And I feel like there is, but I'm not sure. And for runes in general, like not all runes, because a lot of them are trash.
But like we don't I mean, fungibility is one thing, but like that we're the tokenomics with a lot of these things, you know, kind of thing.
So this is not an anti-dog thing, anti-ruin thing.
This is like thinking outside the box.
Yeah, Troy.
Yeah, yeah, go ahead, bro.
Yeah, I can speak on that.
That's actually something we're doing with the Dog Foundation.
Vito was up here earlier, but we are doing something for dogs, finding shelters for dogs.
Something else, like you guys were talking about in real life events.
That's something that we're also doing.
We have Zach in the audience there, but I actually went to the Wishi and Runes.
It was Runes and Brews meetup a couple weeks ago.
Had a really good conversation with him.
We're kind of planning a dog and WISHI meetup out here in California.
A bi-monthly thing just to do
more of these in-real-life events.
We went to Vegas and
we had the booth.
It was amazing. I met Vincent in person.
We spent time with Vito and a lot of
the other dogs I came to visit.
It brings a lot of value
when you actually have people
seeing each other in person. That's something I'm trying to contribute along with the WISHI community,
great group of individuals, awesome, awesome people to be around, and really trying to grow
the culture and community. I was onboarding, I was orange-pilling someone that was there that
wasn't too into the community. So I don't know, I just see a lot of value in that. But we are,
we want to do more initiatives to help in that regard. And then with the dogs and a lot of community things.
Obviously, I think when we have more resources, we obviously when dog goes to at least a billion market cap, I want to take some time off work.
And I know Vito wants to invest more.
I'm trying to make dog my full time job doing the clothing company and things like that.
But just to continue to push the ecosystem forward in whatever way we can. That's awesome. I didn't know you were doing the clothing company and things like that but just to continue to push the ecosystem forward and in whatever way we can that's awesome yeah i didn't know you're doing the clothing company
what what part of cal i mean well listen i'll say this if you're ever in la i like to help people
oh yeah oh good i have i met you i'm sorry if i forget i'm 96 years old i'm sorry what what
have we met ever i just want to make sure I'm respecting you.
Probably not. I mean, I just went to that Runes and Brews
meetup like a couple weeks ago.
I don't know if you're there.
Yeah, he invited me, but I had to go.
I went to the Getty instead because I had to go.
Yeah, we're going to have another one.
It's going to be the Dog and Wishy meetup.
That's him also. I don't know if he wanted me to share it yet,
but you guys got the alpha there.
So look out for that. But yeah, man, we're trying to bring like runes together.
I'm tired of this PVP shit. Like, like we all want we all want runes to win.
I mean, dog is the highest market cap. And I don't know, like all that money is just going to flow down into the ecosystem.
So trying to be more connecting with people and a great group of people there.
So hopefully to you too,
Troy,
you can come meet us out there.
I told Zach that give me a heads up next time.
Cause he asked me like three hours before that,
that day.
And I was just like,
fuck,
I was about to go,
but I was like,
Getty only does a four nights a summer and you can't miss those.
They're just fucking beautiful.
Like Getty at night.
It's unbelievable.
Anyway,
nice to meet you,
J dog.
Proud of you.
No, I appreciate it. Hopefully we can meet in person pretty soon yo yo guys what's up what's up brun family yo i have a question about uh dog bro on cracking
i'm trying to sorry i've been dc and buying a shitload of dog on cracking you know trying
to win this f1 race but yo i have a i have a lot of i have a lot of dog on Kraken, you know, trying to win this F1 race. But yo, I have a lot of dog on Xverse too.
If I transfer from Xverse to Kraken, would that help with the trading volume?
So that would not help with the trading volume. I would say if you're just trying to like safely
hold your dog, I mean, Xverse is like a great self-custody solution, especially when paired with Ledger. But yeah, I mean, the specific rules are that ending on the 8th, we basically
have to count the prior 30 days of volume on the Kraken app, not the Kraken Pro app.
So it's just normal buys in the normal interface. That's like the kind of more simple interface, not the crazy looking chart stuff.
And it doesn't help at all.
Holding, holding funds, you would have to basically sell your dog.
And like, I would not recommend just selling your dog for this and buying more or something
just because there's like tax implications of that.
So I would tend to say if you're just trying to hold dog, hold it.
If you want to buy more, definitely buying through Kraken is a great way to do that.
That's a support right now. That's literally
going to end in, what, Vincent, like 48 hours?
Like, what's the
time frame exactly? It's like basically
less than two days. Like, we have no time. We have to
push really hard. It's very, very close with
Bonk right now for
We are in P2 right now.
I did see that. I was scrolling through Twitter. I saw some tweets, guys. We are in P2 right now. We are in P2. Yeah, yeah. I did see that.
I was scrolling through Twitter.
I saw some tweets, guys.
Great, excellent work, excellent work.
I still think it's, like, too close to, like,
we have not secured anything yet.
We have to just push for another 48 hours here
and just, like, buy.
If you're going to buy a dog, like,
in the next 48 hours, it's a great time to do it,
and it's a great time to do it on Kraken.
So, yeah.
It's now or never, guys.
Now's the time.
Otherwise, it would really suck if they came back.
Respect, bro.
Respect.
Respect.
Appreciate that.
Hey, what up, Leo?
This is Dog Nitis, a.k.a. Ski.
How y'all doing today?
Just want to say hi to Leonidas, Trevor, Jan, J-Dog, Vincent. I've been here for a couple years now.
I just got out of surgery earlier. I had an artificial dish replaced event in my neck.
I had an artificial dish replacement in my neck.
Thanks to the dog army for praying.
I've been feeling good.
I'm surprised I'm at the hospital.
I've been going through a lot over the past few months, losing my job, surgery coming up.
But I've been hanging the hair tight.
Can y'all hear me fine?
Yeah.
All right.
Yeah.
So I'm kind of still probably under the anesthesia on some pain meds and stuff like that.
But yeah, I don't come on the show that much, but I'm on here.
I'm representing the East Coast Jersey to be exact
And I just love like, you know, the dog army. I love the or knows I've been in
Crypto since 2017 about my first two bitcoins on
Coinbase in August
And I never looked back since Bitcoin never Congrats on want to say congrats on that sorry i just
want to interrupt that's congratulations a lot of people don't even have one bitcoin that that's
pretty amazing man sorry about well i don't have i don't have them now god damn it so sorry
yeah they got sold so i bought them in august of 2017 and sold them that November. August 2017, Bitcoin was trading like $2,800.
And then it got up to like 8,000 apiece that November.
It sucked because that November, towards the end of November, Bitcoin got to like 19,000
and something.
But yeah, it was a heck of a ride.
I didn't know what I was doing.
Just buying and um selling um constantly
on coinbase which i shouldn't have because the fees was like 200 almost every time um but yeah
anyways um i've been in pretty much almost every crypto since then just um dabbling and
everything brought me back to bitcoin uh Believe it or not, I believe
around, I believe this is following 2017 bull run a lot just from the signs that I've been seeing.
So hopefully, like I said, we don't stop come August.
After August, it should, you know, be doing pretty good.
Just as my opinion, no financial advice.
Yeah, I mean, I got, I mean, I just, you know, want to introduce myself.
I was Satoski, but for some reason, x took that account down um i actually was you know uh trevor was
one of the first people in stx that started following me and i followed him back it was
pretty cool um we started with crash punks and stuff like that um i got it i still got a couple of those um bear jugs somewhere that uh i kind of won um but yeah
yeah i mean i'm heavy in dog i love dog i believe in dog i believe in dog is going to a dollar um like i said if not this cycle is going
to come close but uh leo is one of the realest person i ever met in crypto and i respect him for
that and a lot of people do um he always keep it real and that's hard to find, uh, especially in a space where everybody,
you know, trying to come up, make money off you or make money off of something, um, which is not
a bad thing, but as far as Leo being transparent, um, with everything he does, um, he definitely,
uh, you know, it's something that, you know, he set a good standard in this space.
And like I said, that's hard to do.
That's definitely hard to do.
And same with Trevor.
Trevor, like I said, he's been here for a while.
I should have dressed up as a ninja and got my pizza ninja, but I didn't.
I don't know.
I was kind of like shy.
I'm not a shy person.
But anyway, I just wanted to come up here and say hi.
Like I said, I'm feeling good after surgery.
I didn't even expect to be talking or anything. So whatever prayer y'all did, whoever did, 100% thank you. Like I'm feeling good. I know it's the meds. I'll probably be feeling different tomorrow, but I'm ready to ride this thing out. I'm ready to give dog the biggest boost they've ever seen.
I didn't even expect to be talking or anything.
the biggest boost they ever seen. So hopefully everybody is down. Um, I love the beyond which
I love cracking. I was straight on cracking in 2021. Um, and it's really, really probably the
safest exchange that I ever dealt with. And that's real talk. I held only like $30,000 on there at
the time. Um, and I kind of got locked out of that account and um
they kind of helped me got me back into my account um safely and i'll be it was hard
um but like i said cracking is the real deal um if you want to trade like i said i don't know i've
been everywhere cracking crypto.com um i'm i'm always researching i'm
always studying these things i'm always trying to stay ahead of the game if anything i'm always um
too early for everything i get into and i sell too early so that always my biggest mistake um i had
so you know majority of my dog recently for things like I said I had to take care of
but yeah I just you know love this space trying to cook up front end I don't know how it's going
to turn out but yeah I'm just happy to be here happy to meet y'all and finally got the you know
confidence to come up here and talk and show you my personality.
And, yeah, y'all just, you know, keep doing what we're doing, show up every day.
And this thing is going to work.
And for Cosimo to meet Medici, that is Snoop Dogg.
That's who is behind that.
We got to get Snoop up here.
That would be pretty cool.
That'd be pretty cool.
I agree, man.
Definitely.
Yeah.
Dognitis, bro.
I think a lot of the dog armies obviously, you know, knows you've been following you
and knows you're going through a hard time right now.
But I mean, what a, I mean, I think this is something to celebrate.
Like you just had a successful surgery, it sounds like, and you're now in recovery, which is like awesome.
And I think a lot of people are hopefully really happy to hear that, man.
So please, please take it easy and take care of your health first.
It's obviously very important.
Always. Thank you.
Very happy for you, though.
Thank you. Thank you.
We're going to find you two Bitcoin by the end of the year.
It's going to happen.
It's going to happen.
Just will it.
Just will it, man.
You sound like a great guy, man.
Trevor, didn't you have a neck issue?
Did you got that fixed?
Was that doxxed?
Fuck, Trevor.
You got to tell me what I can't say and can't say.
Yeah, no.
I mentioned it on the show.
But yeah, no, I'm much better. Joe has a mentioned it on the show. Troy has a huge liability
on the show.
He's saying random shit.
He was in Japan with a neck brace.
I figured at least 100 people
saw him. It was kind of dox in a way.
Awesome.
Trevor's been cooking a bunch of cool stuff.
I'll say that. I'm not going to do what Troy says
and specifically say things. Trevor's been cooking a lot of cool stuff. I mean, I'll say that. I'm not going to do what Troy says and specifically say things.
But Trevor's been cooking a lot of cool stuff, guys.
Trevor is like workaholic who has big, big, big things going on.
I mean, just like – I don't know, Trevor, like when you're going to share this.
But like that one thing, it's not even like that big of a thing.
But that you were showing Tuxedo and me on the other side the other day.
I mean, that was nuts, dude.
That was absolutely crazy. We got to like have a segment on the Ord uh, the other side the other day. I mean, that was nuts, dude. That was
absolutely crazy. We got to like have a segment on the ordinal show about that. Uh, when that
comes out. Cause I've, I've personally, I've been a like follower of the like, uh, ultra wide
master race, like ultra wide communities, like all of these communities on, uh, Reddit for a long
time, like battle station, the shit you have cooking is pretty nuts, dude.
So we're going to have to talk about it in a little bit.
But Dog Night is Pro.
I appreciate you coming through, man.
Please, please take it easy, okay?
Don't, yeah, take it easy after surgery.
Surgery's no joke.
Yeah, definitely.
Thank you, Lee.
I appreciate the advice and the tip.
Like I said, thanks for having me up here.
I appreciate you guys showing up every day.
And let's, you know, get there together.
Agreed.
100% agreed.
I think Jan was saying something that resonated with me a lot a moment ago
about, you know, let's stop being PvP.
Let's, yeah, like like would it be cool if we
did a show where we invited like the top 10 runes like one spokesperson from each rune
actually how many spots is there whatever it is it'll be like nine or eight uh runes and have
one spokesperson from each of the top runes to come up and basically we can have like a runes
town hall um like is that an idea people would like would that be something fun for us to do yeah i don't know if i'll speak for gizmo but i i just want to make
sure gizmo has a seat and meow i mean gizmo is objectively a top 10 rune so i i agree with that
another reason another reason for you to come to hong kong because the gizmo guys are are making
some merch that will only be available in hong kong bro so gizmo guys are are making some merch that will only be available
in hong kong bro so you better show up can you get those chips yon am i correct that like there's
some uh yeah oh man the chips i mean i can guys i can get you the chips but guys i'm gonna you know
you know that you know i like to hype things up guys but i'm also very realistic guy i'm not gonna
talk shit you would be disappointed from the chips guys because
it's basically just a package uh on the outside that has the gizmo but the snacks inside of the
package are just some random snacks that have nothing to do with gizmo at all it's just kind
of like a collection of yeah what what would gizmo chips be though? I mean you could bless you ever had an animal cracker man brother you could easily have gizmo animal cracker
I I don't know what it would mean. I don't eat chips anymore because
I graduated from chips, but there was this brand I forgot the brand when I was a young young guy
We used to eat it as kids. It's like those not pringles something different
it it really reminds me that you could make kind of like a fluffy one doritos lays no no it's like
it's like ruffle ruffle what is it i think he's talking about munchies yeah have you ever heard
of uh hood of hood chips?
I forgot what they're called.
Wrap snacks.
Wrap snacks.
Yeah, basically, like, I don't know the name.
I need to Google it.
Frito?
Frito?
No, it's like, it basically, it actually resembles, like, an animal or something.
I just don't know what it was fucking called.
But we ate it when we were little kids.
We liked it because it was kind of fun. Dude, are you talking about animal crackers?
Maybe. I don't know. Animal crackers ate it when we were little kids we like Animal crackers Maybe I don't know
Little kids that's he's saying something fluffy or something. I don't know like
Let me let me google it. Let me google it. I will try to find it now guys
But anyways that shit you could make into easily you could make it into gizmo, you know
Like you could you could do that, but obviously that takes a lot of effort to find the factory that is going to do it for you.
It's not easy.
But but anyways, we can get those chips if you guys want to have that that nice pack that looks like gizmo.
But but those snacks actually are not gizmo snacks.
So you may be disappointed, guys.
But but Troy, you know, you could get a fucking dope T-shirt that they're making.
And I think you're only going to be able to get it in Hongong because they're only making like 100 of them so you should come bless are we going or what are we doing we
tagged him again i want to hear bless i want to hear bless this chip idea bless had a great idea
it sounded like yeah yeah so it's you know wrap snacks instead of wrap snacks is ruined snacks
and we just put all the top runes on the chips and they all have their own flavor it's like
instead of just making you know one chip for everybody it's like a conglomerate of the runes
so yeah it's like wrecked drinks but way better because it's like all the communities coming
together and the chips are in the shape we could do chips or cookies right it could be
i feel like it's harder to shape a chip than it is a cookie.
Probably a cookie would maybe be easier or a cracker. Yeah, it works.
Or we could just – the flavor, you know.
What do you think a pizza ninja would taste like?
Of course, some pizza.
Dude, like the pizza goldfish.
Like you guys like those, right?
Yes.
Like everybody likes the pizza ones, not the plain fish.
I love it.
Guys, I found it. I love it. Guys, I found it.
I found it.
So the brand is called Pombar.
Do you guys know that stuff?
Is it US?
No, we weren't born in Czechoslovakia.
We were never heard of it.
This is a European thing.
Okay, so this is a European thing.
Let me tweet it.
Let me tweet it.
Yeah, find a picture.
I will show you. But maybe it's European. But but man this is something we used to eat like kids and this could be gizmo
easily man this could be fucking gizmo where are you uh sharing it oh right let me i'm downloading
let me see i cannot because it probably is like similar to like maybe an american product like i
was thinking munchies too somebody. Somebody yelled out munchies.
Because it's kind of like...
It's almost like a biscuit.
Like an aerated biscuit.
But it's a chip.
And they're fucking delicious as shit.
I think they brought them back, too.
I've been seeing them at the grocery stores a lot recently.
But one thing I haven't been saying recently is Jan's thirst traps.
Jan, what are we doing?
What do you mean?
What kind of thirst traps?
What do you mean?
Leo knows what I mean.
Yeah, Jan.
But Jan, speak into your muscles, bro.
Who just said that?
Who's talking right now?
I have no idea.
Who just said that?
Ganto.
Ganto.
Oh, that was Ganto. Oh, that was Ganto.
Oh, okay.
He's back, man.
This guy was...
I haven't seen Ganto around for like two months, man.
Let's be honest.
Dude, he's around.
Ganto's around, bro.
Ganto's around.
But he used to be in my replies.
Like, he was under every single tweet.
And like, for two months, I haven't seen anything, you know?
No, basically what happened was I was involved in a very big business deal.
We just closed like a week ago.
It was like a million dollar security deal for like a chocolate factory.
It was crazy.
So are we making chocolates or what?
Are we making chocolates now, Ganto?
I mean, you guys know about Lint, right?
Sorry, no, I actually don't. know about Lint, right? Right or no?
Sorry, no, I actually don't.
What is Lint?
It's like a chocolate.
It's like a big chocolate store in the mall.
It's Swiss, no?
It's Swiss brand.
Yeah, I'm pretty sure.
Yeah, I know it.
I know it.
It's scrumptious.
But you know what?
It's not as scrumptious as Jan's thirst traps.
That's something we're missing in the community.
Oh, my days. Guys, what are you talking about? What am not as crumptious as Jan's thirst traps. That's something we're missing in the community. Oh, my days.
Guys, what are you talking about?
What am I not tweeting? Tell me.
You have to subscribe to Jan's OnlyFans for content now.
He only teases us on the X-Time line.
You have to go pay for the rest of us.
Okay, I don't know what you guys are talking about, but okay, that's fine.
I tweeted that thing. okay i don't know what you guys are talking about but okay that's fine uh i tweeted did we do our
troy i tweeted that thing i tweeted the the snacks in the under the show you can check it out but i
think this is european thing i think you're right i think probably in the us this doesn't exist
so uh did we do our daily segment of what did john in for breakfast that's like one of the
main reasons i come over here to be honest.
Hang on, hang on.
We can't skip past the chocolate thing, first of all.
Like, I've been, I went to Switzerland one time.
The chocolate was absolutely incredible.
I went to this place with like a giant chocolate fountain.
They had like this incredible like vegan chocolate gelato.
I've, dude, absolutely Swiss is the best chocolate.
Are you telling me you're like a chocolate entrepreneur now, Gonzo?
No, no, no, no.
I just have a security
company, so my security
agency
secured a contract for their
main
chocolate factory in the area.
Oh, so you guys are guarding the chocolate
factory? Yeah.
That's like even cooler.
That's awesome.
That's sick.
Okay, very cool.
We sneak a little bit of chocolate in our pockets.
We're welcome.
Okay, so if I need to do a heist at a chocolate factory, can you be my insight?
I'm your guy.
I'm your guy, Leo.
Okay, good stuff.
Great stuff.
Leo, if you tell me to jump off the Burj Khalifa, do a 360, no scope, whatever you want.
Leo, for you, I love his dog is going to the moon.
You'll do like a squirrel suit off the Burj Khalifa yelling, dog, go to the moon.
Is that what I just heard?
GoPro.
Leo, can you ask Ganto to come to Hong Kong?
Because he was like, yeah, you know, if you cover my flight, I will show upong kong because he was like yeah you know if you if you cover my
flight i will show up but like now he's like yeah no joke gunto was like gunto yeah like gunto has
that we dow potential bro like you know he he is flexing million dollar deals on us and he cannot
even like you know come to hong kong what like what the hell is going on this
you know jan have you ever watched the first not in for speed uh fast furious of course man i'm a big fan of fast and furious and we even had we even had one of do you guys remember we had the
one of the main actors of fast and furious on the show here do you guys remember that which one
that is that is actually true we that is actually true we had one of the main actors
from fast and furious what's his name what's his name let me look it up really good hang on
how do you not remember that that's crazy oh i read yeah yeah yeah yeah yeah yeah
oh yeah we had diaries on the show. What was he chilling? What was he chilling? He was chilling some shit coin, man.
Kiki, Kiki, uh, freaky Kiki.
Oh, freaky Kiki.
He was really into freaky Kiki, bro.
I don't know what the deal was, man.
He, like, some...
Man, it's such a shame, man.
It's such a shame.
I really hope, like, these actors are, like, a little bit more classy.
Like, you know, I kind of lost respect for him.
But, like, I wish he actually joined and wanted to learn about Bitcoin so that we can hang out
In person sometime and talk about fast and furious and Bitcoin
But he started feeling this fucking freaky kiki bullshit. So I don't have respect for him anymore
But but it's okay. It's fine. It happens
Is it bad that I get like starstruck and even if they're filling a scam like I'd like dude
We have the fast and furious guy on stage but leo but leo i i can't answer that question but you like look at
your look everybody look at their phone and look at all these pictures besides well nobody has like
how do you talk in a space when you just walk in and you hear about it on the outside of the space
and you go hey tyrese you should come to space. And then he's looking at all these pictures.
Like he probably thinks it's okay to talk about shit like that.
And instead of having the chance to like, Hey,
just be real with us and stay around. You know what I mean?
Don't be too cool for your, uh, what's your advice.
What's your advice for these like fellow actors? It's like, they come in,
They come in, they do this like shit.
they do this like shit they're, you know, gone. Like what, like, like,
They're, you know, gone.
Like what, like, what do you do to like revitalize the kind of image of like the actors that come to crypto?
It's like you're obviously a great example.
What is your advice to like more of these guys?
So, you know, ultimately, I think like some of them don't like that their reputation gets hurt.
I think there's some ignorance, some just blatant, you know ultimately i think like some of them don't like that their reputation gets hurt i think there's some ignorance some just blatant you know not good stuff but like
what's your advice to to somebody like tyrese or like anybody else i i i would tell i mean he's
kind of like even though he's in that franchise he's kind of like a b-list level he's kind of
been like real real rough and tumble on on his own life right so forget him i'm talking about
generally what i would say if they're like super famous, like, it's just like, like, listen, or just famous in general,
you know, it's like, like, put your soul, like relax your shoulders, stick around. Don't like,
don't think you're so big. Cause you've been on a marquee, like, let that shit go. Like,
don't get rid of your accolades, but like, like you're not you're not relevant in what you do on
a marquee and in the movie business as relevant to the conversation that's happening here you know
what i mean and and it's it's like yes some of them might need security and stuff like that i
mean i don't i'm not that famous i i'm just work hard and i have a good career, but I was very early. I was lucky. I was in NFTs in 2020.
So different, different scope.
But in general, you know, it's like, I just think some of them are too cool and they're
talking to the wrong gatekeepers in the space that know it's like they can get in and out
with a token or something like that.
Or maybe in 2021 doing an NFT project.
And they did.
They did. I mean,
Snoop Dogg wasn't, he, you know, he had, he had an ape and he also was doing that, that one drop
during the Ape Fest 2022 and it didn't go well. Mint was 0.3. I wasn't interested. Of course,
I, you know, I, I got my bags already. I'm good. I was early to the ecosystem. But the thing is, is that he wasn't on the spaces and being a part of the community.
I get it.
He has a different level.
But like, have better people.
Who is speaking to these people?
You know what I mean?
Kind of thing.
Now, I don't really care about that.
But if I was in a room in front of the entire, like if I was at the Academy Awards and I just got to do a speech, like didn't get an award, but just got to do a speech. Like I would do a two hour fucking Ted talk and, and, and I
would, I would get believers because I don't re like, I'm just like, I don't fucking shill. I just
tell the facts from my point of view and how I feel. And that's just the fucking truth of it.
and how I feel. And that's just the fucking truth of it. And I have the friends that I do.
And, and, and, and that's the kind of vibe that opens doors and opens people into this space.
Like Leo, when I see you relax and getting loose because you're incredibly smart, right? So it's
Trevor, when y'all get loose, cause I've seen you get loose. Why didn't you mention Jan? Why
didn't you say Jan? Oh, Jan, Jan yawn is already yawn i love dude yawn
is is great uh by the way i want to point everybody's attention to uh boozy drew the
fact that i missed i i kept missing yawn's legs and he drew those legs during the space i guess
wow boozy you're incredible but but but leo it's just that like just come and hang out like hang
out with us like see if you can take a little bit of criticism without leaving the fucking space.
There's a lot of weak spines in the world and there's a lot in this space, but a lot
of those spines have hardened because they understand after one, you know, like what,
what's, what is the better to do?
Cry and leave and then show yourself in that way or just stick this fucking take it just be there
like you like in this space you gotta you gotta pivot on day if the mint goes wrong you have to
instantly pivot you can pivot into a bitch or you can pivot into a fucking hero or just some
honest person that looks like a hero because they were honest, right? It's like, tell the truth.
It's easier to remember. Believe me, it's a fucking fact. Like, so like, yeah, I talked about a lot
there, but if I had a chance to talk to some of these stars, I would not, I'd be talking to them
very differently than the people that onboarded Trump to a token and onboarded all those other
people, you know, to a token. And also I wouldn't do the token with them. I would just be like, yo,
you just like, like, what are you doing here? like like what are you doing here like what are you doing here what do you want to learn are you
just trying to stack a bunch of money or do you actually want to learn about the culture
and hang out with some people where it's so transcendent that they forget you're
this person or you're that person you're just like a person man and so it takes time bro it
takes time and nobody wants to take that nobody wants to do the
effort right that's the problem it's not just the celebrities but in general it's a lot of people
right like they just feel like they want to get rich quick and if it doesn't work they just dip
right and uh unfortunately we have seen this uh many times in the past three years also in ordinals
and and ruin some of these celebrities coming in and launching and and then like it doesn't go exactly as they wanted and then kind of like you know they
just dip right so it's it's interesting but like i don't think we can fix this try like you know
it's just uh yeah yeah you you can't really fix it but leo is asking the thing is is that
a star would get as many dms as a thought or a girl that posts thirst traps on
the time or just a regular professional girl who's not posting thirst traps they just get dms
anyway unwanted shit like how do you think like think about how the the women have to pivot in
this fucking space and have to tolerate that stuff that's crazy man i mean it is kind of crazy
troy it's like this is why it's kind of like hilarious to me because it's like the bar is not that high to be like a crypto influencer i'm just going to be
honest it's like bar's not that high i'm thinking of like the top kind of crypto influencers bar is
not that high you would think somebody could come in with like actual like you know a list celebrity
type status and just like yeah like be authentic the way you
are and stuff, Troy. It's like, I just don't, I don't think the bar is that high. I don't,
yeah, I don't know why. I don't know. Yeah, I don't, I guess I don't really understand what
their goals are, I guess. You know, so like, I'll say this, you know, I don't know if anybody likes
to do content down there. I'm not just talking about meme content, which is fucking fantastic.
We need that shit all the time.
Makes the world go around.
But like, just like video content where you're actually like playing yourself or you need
another person.
Dude, I'm talking to my actor friends because we're going to run circles around the people
in the space.
And I would only hope that they would be inspired by that to want to fucking ask me and get
a little coaching for free to help to make just them shine better. Cause some of these people are just phoning it the fuck in they're
phoning it in. And these companies are paying them top dollar. And it's, it's like, what?
Some of these, like it's, it's, and they know it and it's, it's disappointing. And I'm just like,
I don't want to run circles around people. because it's like fun to run circles around people and like point at them while i'm in the end zone it's
more like bro how how come we haven't worked together how come you haven't asked me bro i'm
like literally working in the space as a dj in 2020 building and you know minting nfts and coins
and whatever the and know a lot about the space Like anybody else that's been here that long or knows that much.
I'm like, yo, I'm a polished fucking working actor.
Let's go.
And I'm, you know, I've been a screenwriter just as long let, you know,
but the only people that see that are like Trevor.
So I'm working with pizza ninjas, right?
Gutter cat gang, me and Dave who are now working with pizza ninjas, right?
Like it makes sense i
follow the breadcrumbs right it's just they're smart to see it and they take the risks and these
other people i think generally they either don't see my shit or they don't care or maybe they think
i'm too old or they think i they can't pay me or they think you know or you said you're 96 years
old try you know so like you know of course. Of course they think you're too old.
Or that they're threatened.
I'm like, bro, don't be threatened.
That's not how legends work.
Other legends go, man, you're a legend too.
You're fucking good.
Let's fucking work together.
Let's win some championships.
And it's just like there's a positive way to inspire.
And too many weak-minded people and weak-spined people are too threatened by a lot of the talent out here on every sector.
And that's no way to be.
That's no way to lead.
Hang on.
Stop.
It still doesn't answer to me.
It's like you're this – like let's say there's some celebrity, this stereotypical example, came into space, dropped a BFB collection or dropped like meme coin or something.
They're significantly putting their reputation on the line.
It's not like these things just totally get forgotten.
There's like YouTubers who cover this kind of thing.
They're going to have YouTube videos about them doing this.
People don't totally forget this stuff.
Why is it so hard for them to just come on a Twitter space for two hours?
They actually are making a bet with their reputation that is significant
by doing a crypto project or something.
Why can they not come to a Twitter space for two hours?
Why are they so completely disconnected from crypto Twitter?
Because I think everything, unless it was their own platform where they were getting
the engagement and like, and they were getting the retweets and the impressions where they
actually getting paid from Twitter or TikTok, let's say that's the algorithm because it's
better than Twitter.
It definitely is.
It is is that they get paid for all their engagements.
So they're used to that fucking well tap.
They're used to that water.
They're being dripped out rather than I got to talk to some people I don't know.
Yeah, that's the beauty of it.
You're not getting paid.
That's what makes it priceless.
You're meeting people you will never probably see any. you will never see their face. Give it a year. There's, there's
people here that I haven't seen or heard for four years, but I'm giving them crypto and I get it
right back. You know, somebody said that on my space today, like they wouldn't, they would rather
give it to somebody they've seen just on a Discord they have never met than their own cousin.
Like, that's the beauty of it.
It's a very, it's an inverted space.
You don't see, you don't see face or gender.
Yes, you hear a person's voice, you know their gender.
But in a Discord, right, it's about their skill set.
Are they bringing vibes?
Are they bringing memes?
Are they being a positivity?
Are they a dev?
Are they an artist?
What are they bringing to the fire? Everybody brings some kind of food, right? Everybody
brings the drink, whatever you got the house, but like, how are they acting? And it's just like,
let go of your ego and just come like two hours priceless, learn 50 fucking things that you never
learned before. Walk away feeling like a hundred bucks. Like you just got your haircut out of the
barber. Right. Cause that always feels good. And so that that's, that's my take on that. I really don't
like, I have a lot of friends in Hollywood, but like a lot, I just don't go to the Hollywood
parties because it's very stratified. It's like, well, what do you do? I'm an actor. What do you
mean? What do I do? I was on the show with you, bro. Like, what do you mean? Like, you know,
or like, what, like, Hey's it's not it's not a
line yes it's in acting but it's very tiered you're you know when at the SAG Awards Brad Pitt
was in a fucking like roped off area that you could see him right I'm right next to him with
he's with like uh Leonardo DiCaprio why are we gonna touch you bro we're all in this is screen
actors guild this is four actors like you know bro like you know and it's it's
just very interesting like who wants that could you imagine seeing trevor roped off and we got
to stand right next to him or anybody else here it's a you know it's it's it's silly man all right
you're you're uh the 50 you paid us to come on stage you're standing you're gonna have to go down
guys literally i have a question for troy this is an open space. Request to come up.
Come on stage.
Hang out with fucking Troy and Jan and Trevor and Benson and Blass and J-Dog and Gunto and J-Lo.
And, like, let's hang out.
And Dog Naitis.
Let's do it.
Literally, Dog Naitis just got out of surgery, like, hours ago.
Like, you know, that's the beauty of this, Troy.
I agree, man.
Man, but, Troy, I have a serious question.
And you mentioned that Tyrese had,
I'm really kind of baffled in a sense
because Fast and Furious is one of the biggest franchises
in the world.
There's no other franchise that has probably had
like 10 movies in a row.
And they probably made like i don't know 10 billion dollars on all the movies in revenues probably maybe more than that so you're telling
me that like one of the biggest actors from the franchise like doesn't even like he's not good
financially that he needs to go and chill some fucking fanky banky bullshit like exactly
like really surprised yeah well well don't be surprised think about it think about it think
about how he was probably told yo just make the money we'll wash it out we'll send it to an
exchange nobody over whatever i don't know i'm not saying i was a part of those any of those
discussions but you could imagine that some people don't want to pay their
taxes especially actors especially actors who make a lot of money and that are getting reamed
you know and uh i mean wesley snipes he didn't pay his taxes and we i loved his shit and now he
his career's you know he's older now but like yeah i mean like and also like making that much money why do you
need to do an nft collection if you're making if you're if your net worth is 100 million dollars
why do you want to come here and mint stuff that's like that that well i would understand
i would understand that like if let's say you're wealthy or at least like maybe you're not a
billionaire but probably you can retire and so you you just do shit that you love to do, right?
So you keep on making movies
because you love to do it and you're good at it
because like, I like Tyrese
because he's fucking funny, right?
So like, he's like the funniest character
of the entire Fast and Furious, right?
Like, so he's fucking funny.
He's good at it.
So he can keep on making movies,
make a couple million dollars,
maybe tens of millions of dollars every year or every two years when he makes a banger.
And, and that's it.
Right.
And then, then he would come to the space not to like make a hundred grand just because somebody told him like, Hey, you can make a quick hundred grand or maybe quite quick,
quick million.
But like, you would actually want to do something that is going to like have a legacy. Right. So then I would be like, okay, then mint the fucking
collection, not to make money on it, but to create legacy. Right. And like, if the money happens,
then it's fucking great, but it will only happen just because you're great. You're cool. People
like your brand and they will be buying the stuff, not just because like you mint it for 20 bucks and you want to sell it the next day for 50. But like maybe you
actually want to keep it because he's great, right? And then eventually it's going to become
something unique, limited supply, and like you have a legacy and you can build on that, right?
So I don't know. I'm just like surprised that these guys like again maybe
they're just so bad at managing their finances that they're broke maybe that's also reason i
don't know it wouldn't be the first time where somebody who made like 50 million dollars is
broke the next day because they just got got greedy or they partied or they gambled whatever
i don't care that's their life but you know it, it's just like, yeah, it's just sad,
a little bit sad that, like, people want to ruin their reputation.
I get it.
Crypto is small, so they're not ruining their reputation
in front of all of their fans.
But it's just like a stigma, right?
Like, if you come and you rock some fucking coin
because some friend that just wants to make 100 grand told you so,
it's just kind of sad, right?
Like, why?
What is the fucking reason?
Y'all, let me reframe something for you.
Or frame something like this.
What a person like that should be doing, instead of looking out for their own...
I don't know what the coin was.
I don't know if it was for a brand or a t-shirt.
I don't know what he was doing.
I don't know.
But a person like that... I don't know what the coin was. I don't know if it was for a brand or a t-shirt. I don't know what he was doing. I don't know. But it was the premier meme coin on the slot of blockchain called Freaky Kiki. Very bullish coin. So it was a coin. But like, what did that do? This guy is in
a franchise, 10 installments, right? Franchise. What that person and people like that at that caliber, at that level, that echelon should
be doing is strong arming in a very inviting way, if I might say, the Hollywood industry
to pay more attention to how things work over here and how blockchain can utilize funding
and indie creators and also the people that are actually at those levels in Hollywood.
Like, for instance, Steven Soderbergh, top five director in the 90s.
Like, and he still is working.
He three years ago, he made Khaledita film.
I forget the name of it, but it was.
Yeah, I think that was it.
It was Khaledita.
Khaledita, I think it is.
I'm not sure.
But he made that.
He funded it all through blockchain and it was
funded through a decentralized uh uh film company called decentralized pictures built from the
bottom up not top down as it is in hollywood and old uh web2 infrastructures in general
so like like keep ushering that that's steven soderbergh right who makes like you know you
know sex lies and videotape highly recommended. If you
haven't seen it, it is, it was this big hit in the nineties with James Spader and like that guy,
things like that, like two, two VPs at Zootrope films, which is Francis Ford Coppola's film
company. They're ahead of that. They were the heads of decentralized pictures. We need people
like that. Like actually having, bringing people to the table, bringing people to these spaces,
especially Trevor. I tell like, I'd love to get one of the agencies and film companies to be like
fucking let's hear us out because they hear they know about us they just they're like why why now
just like game developers in web 2 did they don't need web 3 jobs right now they're already making
money they know we're here they see yeah that's great those are games and yeah they probably would work but i'm getting paid in web 2 money is money why do i need it
in why do i need to work with a web 3 it's just not the tide hasn't turned yet we need tide
like in every aspect of the phrase whether it's memes whether it's dog with scalability of bitcoin
whether it's gaming art we need we just need more bigger people outside
coming to the table and we need the right ushers ushering them in. And we need, I want to know
about it. I want to know about it. I want to know. I want to, I wish there was an aggregator for a
bulletin report or a bulletin board in on Twitter that goes, Oh, that's what, Oh, that's what's
happening. Oh, okay. You know, like shit like that. I'm sorry. I'm giving a lot of ideas, but I mean.
No, man, but Troy, like it's funny, right?
Like I, for instance, like one thing, funnily enough, right?
What I think, and again, like this is.
Hey guys, super quick.
I have to leave for like five minutes.
I'll be right back.
Okay.
Keep it going.
Okay.
Bye.
Okay.
Leo, just make me host.
Just make me host.
Sounds good, brother.
So like funnily enough and of course
like you know peter schiff is not let's say a celebrity i mean he is an influencer he's a big
dude he has a lot of followers but like funnily enough i kind of like the approach that he took
with ordinals because he has a story he has like know, he's talking about Bitcoin in one way or another.
You know, people kind of love him, hate him.
At the same time, he sometimes tweets some dumb shit, but I think it's for engagement.
He's probably a smart guy.
And then he like sees Ordnose and he does it in a way that like he didn't really like make millions on it.
He just did it because I guess like he made a little bit of money, probably not himself personally, probably the guy who helped him with it. He just did it because I guess like he made a little bit of money, probably not himself
personally, probably the guy who helped him with it probably like pocketed most of the money or
half of the money from the mint. I don't know. But basically they did it. They did like a collection
that has a lore that is kind of funny. And and like at some point, like, yeah, if Peter Schiff
continues to talk about Bitcoin and like this and like this stuff continues to grow, I think it could actually have some significance or it could have some value.
Right. And so like like if these actors or if these people that have some sort of following elsewhere did something similar and actually like, you know, created some lore around it, I think this would be the way to go.
You know, like I don't think that everybody expects that they're going to be tweeting on the on the crypto twitter about their collection every day and just pumping it of course the dgens
would like it because they would gamble on it but like just in in in regards to like like just doing
something cool that that is going to survive that is going to have some value that could be like
perceived like that it's actually professionally made i I think, I think this could be the way to go, you know, like, and yeah, again,
like some people are not going to like it because like they cannot make money on it quick.
But like, I kind of like that approach, you know, because, you know, there's no promises.
Like everybody knows that Peter Schiff is kind of against all this stuff anyways.
Like he's like, oh, fuck Bitcoin and ordinals are stupid and this and that.
But like like you know
that's the lore and i think that's kind of funny and also like the way they did it because they
didn't extract like a lot of money they just wanted to do it and they engaged with the community
he came on the show a couple times and like i don't know like i think i think this is the way
probably these big guys could execute stuff again maybe, maybe I'm wrong about it, but it kind of feels to me
that this is kind of the closest.
I don't expect that these guys are going to be
like coming here every day
and engaging with the community.
I don't think that's reasonable to expect,
but like at least engage a little bit,
come up with some storyline,
something that makes sense,
work with the right people.
As you mentioned, Troy,
don't work with some fucking scammers,
like work with people that actually understand what's going on
and yeah like don't try to fucking pocket millions just like pocket a little bit
that's fine like everybody wants to make sure that like you know you make some
money on whatever then nobody nobody's against it but but like yeah do it in a
sustainable way so I don't know that's my that's my two cents here but but yeah
I mean you guys think no I I've thought about that is that this this space is it in a sustainable way so i don't know that's my that's my two cents here but but yeah i mean
no i i haven't thought about that is that this this space is so fucking addictive and the story
is so good like story of blockchain like everything that's involved like even the bad like the bad
stuff all included right like that's all there like right whatever that is it's so minute by minute growth you can't even catch your tail sometimes unless you's you know
and yet we want things now onboarded now bags up now we all want that right knowing that
law this is a long run marathon shit like we're still figuring like you know me and donnie were
talking about it today like we're like we're still learning how to crawl and sometimes standing and
then falling back and then oh taking a left oh shit shouldn't shouldn't take that left oh stay
back on track whatever it's like we are lucky to be if there's 500 people in this room right now
we're so lucky dude like we've been here for a long time people are gonna be bragging the day
they get in they're gonna be bragging when they buy Bitcoin at 120K.
They're going to be bragging.
That's going to be their bragging point.
Like, because if it goes to 400K,
like Udi says by the end of this year
or a million in two years, whatever,
that's the bragging point.
They got into 120K.
And they got here when they did, right?
So I guess like, it's going to take time.
All these ideas,
like even stuff that you're going to do in Hong Kong.
Like, you should be doing an arm wrestling contest, bro.
Like, why not?
Get women involved, too.
That's fun.
People would take pictures of that.
Notice how the photographer—
Troy, come over, and I need you to be the leader of this.
Let's make it happen.
Troy.
All right, hit me in DMs.
I sent you the Fez video, but anyway.
But, like, that last speech was inspired.
I don't know why.
But I was thinking of Bunsy down there.
Like that guy is just like the guy just constantly is building.
Right?
And like everybody else here.
But like I was thinking of him for some reason.
Because he's my son as well.
And I love seeing my son up here.
But it's just like he's going a mile a minute
and enjoying what he's enjoying.
I'm following, like he is the signal right now.
There are a few people that are like are noise
and he's the signal kind of thing.
You know, he's kind of telling you, you know,
kind of stuff.
It's like right on the nose, not hiding anything,
you know, AI, whatever he's building, you know.
And that is just going to take time.
I think Bless is going to be famous in a year, maybe two, maybe sooner.
And he's going to probably, you know, have to like, you know, peel the people off of him, you know, kind of thing.
I mean, Bless is already famous in the like Bitcoin Eco, dude.
I feel like there's a lot of people who didn't know about Bless until he did that kind of stunt thing.
keys i feel like there's a lot of people like didn't know about bless until he did that kind
of stunt thing and now bless is kind of known as like the artist who did uh the the kind of like
one week isolation thing um but that i still think that was like one of the most legendary things i've
ever witnessed exactly it's about to be a a year like a anniversary of that so kind of an interesting
fun fact bro bro bless if it's an anniversary you have to do v2 in Hong Kong, bro
Can you imagine bro?
Can you imagine that like you're gonna you know like Asia
They live in VR man like they live in virtual reality much more than anybody else in the world
So man like, you know what we can do i can i can find your room
at bitcoin summit i can lock you there during the duration of the events and uh maybe people can
people can come and you know like maybe they can i don't know they can send you some tips you know
i think troy gave me this idea they're like he's like just do one more day just like run it back and i was like oh my god
you know it's funny because i got a real inspiration this is not a joke it's not a joke
uh-huh so when you when you were doing that when you told me that i i had shiver went down my back
i go and i didn't i didn't tell you right away i was like oh this guy this is fake this is like a
famous this would make a person famous if it's marketed right. That's the feeling.
So now, because it's already done, you should be reaching out to David Blaine and do a fucking collaboration.
He's in something else.
I'm telling you, bro.
Like, just send him the fucking, the whole story.
I'm not saying you want to do that.
Guys, slow down, slow down, slow down, slow down.
Troy, for the audience who maybe isn't aware.
Oh, David Blaine? Can you guys explain what you're talking about?
Obviously, there's a lot of people who know,
but there's some that probably don't.
I'll reset the room really quick.
Actually, Bless, why don't you say it?
Do you like when I say it?
It's up to you.
It's your show.
I mean, it's your art.
Bro, you can say it, really.
Okay, so a year ago, Bless, he's an artist.
He put out some work, was this notion came across to him that people are asking, what's the utility?
Oh, can I? Well, what else? What else am I going to get? And he's like, wait, I'm the artist. That's the art. That's the utility.
So he decided to put himself in a building that was like blackened. It was already the way it was, no windows, nothing.
And he had a crew on the outside monitoring him
and he live streamed for seven days in a row
wearing a suit with a tie,
doing 3D digital art every day with just water,
no food, no connection to the outside world.
And he did that for seven days and to walk-
In a VR headset.
In a VR headset, in a VR, in a VR, in a VR headset
and, and going to the bathroom, wearing a VR headset, eating, wearing a VR headset,
all live stream basically. Right. I didn't, I didn't eat at all. Well, well, well,
Oh, I forgot my bathroom. It was also a fast, but it was definitely a fast and it was, he was
definitely thin when he got out.
He looked like a hanger. Like you could hang clothes on him.
And, and it's like that kind of thing before that even happened.
I go, this is David Blaine type shit.
It's not a magician.
David Blaine is like, he's kind of a magician, but he also does like, how long can I stay
in this ice thing for whatever, or hang whatever the case is um i met him at the
moonbirds party that was fucking cool uh but i don't know him so bless i'm telling you like that
is an idea like that's inspiring so i don't know you know you know what it is to me it's like i
think something that the space needs and what when i was doing it I was also thinking of this like people need to do cool
shit and like random shit and crazy stuff for the space to keep having these like moments and
things to be like historical because that's that adds the full overall ordinal's lore you know
the more artists come out and do cool stuff the more people like what's on here you know and it's it was hard to me for me
to just be like ah this is uh you know i could have just dropped the collection right after and
been like yeah let's let's get this money real quick but to me it was just i'm not glad i kind
of it's been a year i just did it for the vibes at this point i have the collection and i just like
i've just been sitting on it i'm like yeah it's, it's, it's, you know, it's to me, it's like still part of like Bitcoin
or no history.
Cause I had it in mind the whole time I was counting, like in my head, I'm like, I could
find the blocks that, you know, I did this all through.
And this was all inspired because I think at the end of the day, as an artist, you have
to realize like, yeah, people are going to gonna ask for things but the best way for you to like continue to have like um grow your fan base and grow people who
appreciate you and what you do is to just keep making artwork that's all people really should
want from an artist because you know 10 5 years from now or whatever when people want to look
back and you want to sell your bags, that artist should
have been just fucking making artwork the whole time. You know, I think that's what really people
want, right? They want long-term investments or short-term investments, whatever it is.
What you really want is just to find an artist to support, buy some of their art and just fucking
sit on it and just maybe they'll fucking be the next keep hearing or some shit like that. You
know, it's like, maybe they'll be the next themselves and that'll be even better.
And you guys will have like something cool, but it's not even about like the promise of like future money.
Some people just want to support artists.
And I think those are my favorite type of collectors that I find.
But it's now been a year.
Can we do a retro?
Did it work?
Did your holder stop asking for utility?
Or, like, what's happened over the last year?
Uh, shit.
Every once in a while, I'll go into my Twitter group chat, and I'll say BM.
They say BM back.
And you know what?
I think it's almost time to, you know, to your anniversary.
It's almost time.
So I think the people will see and
Shit the blocks looking pretty juicy right now, you know under one V by
Actually any artist should be like fucking inscribed right now. That's right. That's a perfect time
But yeah looks looks pretty juicy. I think it's it's time to do some some 3d artwork on chain
So yeah, well bless you know, you know, you were in Marfa this past year, every year in Marfa artists,
there's a couple of artists that try to or three or four that do some
interesting, like outdoor. Cause Marfa, Texas is fucking cool.
The art blocks thing. If you've never been is a,
one of the best IRL meetups in the world to me that I've ever been to.
Every year I go.
And they outdo each other kind of like, that's the vibe of Marfa.
Every year is going to be bigger in some way,
and an artist is going to outdo the next artist or whatever.
And it's kind of like the spirit.
They don't get in touch with each other like, let's compete.
But it's just that they're just trying to make it memorable
by doing some interesting, well-thought kind of mints and so like little secret
treasure hunts, but you, you know, it's crazy. And so bless, I think you're, you're right about,
I mean, not everybody's going to do art like that. I don't think that's the point,
but just do your art, man. You're going to get, you're going to get people huddling around you.
Like stop comparing your huddle to somebody else's bigger huddle.
Like maybe your huddles are supposed to be the way it is. And it's going to be different. You
know what I mean? You're not going to be Tyrese. You're not going to be blessed. You're not going
to be Leo. You're not going to be me. You're not going to be yourself. And that's what's
fucking beautiful about it. You know, just like, you know, clear your desk and get to work on
yourself and what you're trying to present. And don't DM everybody saying,
I got an idea. Well, is your, like, if you have one call, I'll say this. If you have one call
with like a famous director, like Steven Spielberg or something like that, I've said this before at
some point in my life. And, and you think your script is ready, right? And I asked you, okay,
I'm going to introduce you. You, you got this one call, but if he reads the first page and he
doesn't like it, it's going in the trash. Is it so good that you shared it with your
writer's group, got the notes, repolished it, and then it's ready to go. It's like ready to be read
and he throws it away. You're never going to talk or call or get to call that person again.
So it's like, that's not how you get people to you. You, you, you be inviting,
you just be a person. Stop handing out your card before you say your name. Right. So I, I,
I think like in these spaces I've been in the last week or so I've been trying to like inspire
without even saying the actual words, like, like getting to know who people are, man, like you only know one thing about most people in this space and they got depth in their lives.
They just probably haven't been asked. Right. Or they don't have the honesty, the balls to say it.
And I think that that would people see and check in on this space when they hear us talking like this on top of the tech and art and gaming and whatever the fuck and the jokes that we have.
That's what is attractive because they're like, wait talk like that or like hey these guys are inviting okay now
i feel comfortable bro try i want to hear what the next 100x is bro like what is dude i missed out
i should have minted 100 lip bit booze i missed out on that wave like dude what the hell is going
on dude like uh what's the next 100x troy if you had to say one thing about yon that comes to mind what is it
like what give it give us the you said one everybody can have one thing. What would Yon Sing be?
Instantly my brain goes to X-Pherson Flag Day.
These are like instantly popping into my head.
Rip.
Okay.
Boozy's picture.
Dude, you try to get Troy to talk and then he does the opposite.
And then we try to get him not to talk. Dude, I left to go pick up my door dash.
No, my mic was jittery, and it was clicking on and off, so I just couldn't stop it.
But yeah, I would go to Boozy's picture, which is his legs.
So yeah, Jan's legs.
Leg day.
Okay.
We like it.
Cool, cool.
Okay, guys.
Are you ever going to give out these plushies that's a great that's a good point
um i mean ghost was that was kind of ghost brought that up and then
and then he ghosted us man and then he goes this i mean jan is that up to us to do right like we
gotta do we gotta give it away live on the stage here yeah i guess if you have that tool if you
can just uh do the check,
because I don't know how to do this stuff.
Yeah, I'll do it. I'll do it. Hang on. Hang on.
Y'all talked about something. It's going to take me a second.
We can do it, and J-Doc can then make a mark of those people
and make sure that Vito doesn't forget about it.
Yo, Jan, what's up with this ketchup flavor?
Is that like a European thing too?
Bro, like, man, I haven't had these things for like
15 years probably i used to eat this when i was a little kid we used to have we used to have this
at home it feels like it's a european thing but that shit i remember it's delicious because it's
crunchy yes you can do a ketchup flavor you can do all these different flavors and Ketchup is a crazy flavor. I feel like I'm in America
Like you guys don't have ketchup guys put ketchup onto everything
Yes, but you don't have a ketchup flavor chip like that to me
It was like, you know where I first saw that like some random like Korean like Japanese store or something like that
I've never seen it outside of that. So that's why when you post it. I'm like Joe Is everybody outside of America into ketchup chips? I guess I think this is the US culture brought upon us
Because like I remember again, like when I used to eat these things, I don't really do fries
I don't really do these things anymore
But I think McDonald's brought the culture that you just put everything into fucking ketchup, man
Just take fry you take something and. Just steak fry, you take something.
And I even remember like, you know,
you obviously have like these hot dogs and shit,
just put shit ton of ketchup on it.
And like, you know, like that used to be a thing, you know,
like we wouldn't do barbecue back in the days
without fucking ketchup.
And now I cannot do it, man.
I just make my own ketchup at home,
just like fucking smashed tomatoes. And that's what I do because I cannot smell it, man. I just make my own ketchup at home, just like fucking smash tomatoes.
And that's what I do because I cannot smell ketchup, man.
It's like full of bullshit, sugar.
It's probably even made from some tomatoes that are not even tomatoes.
So I don't really do that stuff.
But like I remember when I was a little kid, we would just put fucking everything into ketchup.
I mean, ketchup is sugar in tomatoes. So if you just mash tomatoes,
it's just like, it's like tomato sauce. Yeah, but it's funny because you don't need sugar, man.
Like, you know, if you buy good tomatoes, like they're fucking sweet already. And you just,
you just, you know, mix them like the way I do it. When I make pasta at home,
I will just make some good pasta. I will just put, you know, some onion, some garlic and tomatoes into a pan. I just like, you know, do it for 15, 10 minutes, you know, like it becomes like really good sauce. Maybe put some oregano on it or like whatever, some sort of like spice. And that's it, bro. And you have fucking healthy shit that tastes 10 times better than a fucking heinz ketchup man so i don't know why people do it so yes i i know quite a bit about cooking so uh
i went to culinary school but you know the thing is is that no it's great i'm agreeing with you but
like yeah so when you're when you're roasting it and not not in a big sauce pot you're actually
caramelizing it so you don't need the sugar and it's a natural fruit right but a classically a great pizza sauce
will have sugar and salt in it so i'm just yeah yeah bro i agree in italy they don't put sugar in
it i'm i guarantee no but like i guarantee like like like in our in our in our country it's like
a little a little pinch of either it just goes a long way really and just like on a steak i mean
i get it like i am not saying that it tastes bad it's just like
it's not good for you like why would you add sugar when you don't have to you know um yeah and i
looked up i looked up some czech food uh dude what's uh goulash oh goulash i know goulash um
yeah man i mean what's kolache i mean goulash it's it's czech but it's also hungarian so uh
again you can you can make it healthy
you can make it unhealthy but like the way the way like originally it's made you just basically
like put some vegetable you put uh you put some meat and uh you know you mix it with a little bit
of water and some spice and you just you just have it cooked like slow cooked for like fucking six hours and
What happens is then you have basically
Super dense sauce that is made from all the onions all the peppers and stuff that you put into it
And also it's mixed with the with the meat right usually you do beef goulash
So you will have beef that is slow cooked. it's like when you eat it it literally melts
down in your mouth it's awesome it's delicious it takes time to make it if you want to make it
healthy obviously you know you avoid putting some extra ingredients you just put like literally
caramelize a little bit of onion and then you put all the all the vegetables the meat and you just
you just put a little bit of salt and pepper and that's it man
and it can be really awesome it just takes time to make you know thanks john we got two winners
wait what we got two winners we got a we got winner number one is BuyBitcoin246, who retweeted the post today.
They will be getting a free plushie.
Ghost and BTC Summit will be providing that plushie, so congratulations.
J-Dog, should I message you or should I just message Ghost directly?
Either or.
I mean, he's in the audience, but yeah, we'll make sure we get it.
All right.
I'm going to just message you.
Then you will be in charge of making sure these guys get their plushie.
I really appreciate you helping out here.
And then number two, let's get another drum roll.
Drifters.
Congrats, Drifters.
Drifters is listening right now, so congratulations.
You just won.
A plushie.
Congrats.
And also a member of Dog Army.
So very cool, guys.
That'd be crazy if Drifters shoot. Hey, bring him up here.
Bring him up.
Drifters, like, you're welcome to come up.
I'll invite you up.
No pressure if you don't want to, but we'll invite you up right now.
Yeah, that'd be crazy if Drifter shoot was the one drifter shoots
was the one who won and we were like oh that's the famous guy that's in the that was the guy
that was in the space the whole time that you know anyway it's awesome congratulations is drifter
shoots not like able like i know he went to jail that's the last i heard is he able to like do
stuff still i'm not sure and i i felt like part of that at first, some people were like, is this a setup?
Like, meaning like, was this a setup content shot?
But I found out that it may not admit it was it was I think it was real.
But I don't know, man.
I don't I haven't been up to the date, up to up to the minute with his career.
I'll look it up
I'll look it up.
okay sweet J dog I just sent you the two winners obviously the scam with
giveaways is people will message you you have to message them directly and tell
it goes the same thing I've learned that one the hard way people just change
their name to the winner and then message you they're not the winner so
yeah I'll throw this out as well
We the plushie will be completely free but all you have to do is cover the shipping but plushies is free on that
Okay, or you come to Hong Kong
To pick it up
Okay, okay cool cool cool
All right. Well guys on that note. i mean we got 561 people still guys
like you know we're we're going man leo like we're going up up up up up it's not stopping man
dude i'm telling you guys like bitcoin ordinals runes like we're back guys we are actually back
it's not a joke it's not like when i said we were back in March. We're actually back, I think, this time.
I think it's going to get crazy in crypto.
And I think, yeah, art on Bitcoin, memes and meme coins on Bitcoin, doing DeFi on Bitcoin.
I think this makes a lot of sense.
I think a lot of people will also agree it makes a lot of sense and will want to be here as well.
A little update on Drifter's shoots.
Yeah, he was arrested in 2025.
And he's currently not behind bars.
And he's free and continuing his work.
I feel like I did my job for the day.
And, you know.
Troy, you already had done your job, man.
You had already crushed it.
You had a great performance on tonight's show.
It was very inspiring.
And I like the takeaway.
Like, just be authentic.
Be yourself.
Like, if you're.
It's not even advice for just actors. It's like, come to be yourself like if you're it doesn't it's not even
advice for just actors it's like come to crypto and just you know yeah hang out and talk to people
don't be a piece of shit you know don't be super manipulative like uh like get to actually know
people make friends with people it's not like that crazy just be a human being right
leo you actually got somebody in the crowd who knows you is a follower of you and part of the Make friends with people. It's not like that crazy. Just be a human being, right?
Leo, you actually got somebody in the crowd who knows you as a follower of you and part of the dog army.
Or they said, oh, no, the dude who had the surgery.
And he, you know, he, that nice guy.
You know, he shouted you out.
You know what I mean?
And, you know, you get a lot, you've gotten a lot of fun in this space. But that comes with being on, you know, uh, sort of having the account
that you have and the, and the notoriety that you have. Right. But I always think that you,
I, I, you just sound, you sound pretty real. So, so that's good. You know what I mean?
Not everybody's going to like you. You're not everybody's cup of tea. I'm talking about
everybody just in general, like, you know, so, so so so i gotta hand it to you but i don't know how you deal with it cheers
it's yeah man it's weird it's weird like uh i mean i'm like i'm definitely not like that
known or something but in this like specific kind of niche of a thing yeah like there's people that
like i can tell like they don't like something that i do and I can tell they're like bothered by something or like
It's just weird. There's literally there's nothing you can do where it's like everybody's gonna be happy and that's just how it is
I'm not and I'm not trying to make everyone happy. So not kind of got over it
Yeah, I don't know I literally think like Twitter is just so we it's a weird place where you love or hate things. There's just no in between. And I think it's a little bit unfortunate,
but it's just how it is. And you have to, I mean, literally everyone on this app, I'm sure,
has experienced like shitty stuff that's like not fun that nobody would ever really tell you in
real life. And yeah, if it happens to you like a thousand times, it just quite frankly desensitizes you, I guess.
And you kind of realize like, why should I give my time to people saying like mean things or just being jerks or don't really, they're like, they don't have very pure intentions. They're like incentive aligned for some weird other thing that they want to succeed or whatever it is.
Give attention to like the cool people that aren't like these like squeaky wheels like trying
to get all of your attention or something right it's like yeah i don't know i don't know um okay
guys uh we're probably maybe about to wrap we've uh been going for four and a half hours here it's
been a great show enjoyed getting to uh talk to all of you guys and basically
cover a lot of stuff, starting with Bitflow, with Bitboos, now ending with this great
conversation with Troy and Bless. Final shout out for BTC Summit, guys, it's coming up in a few
weeks here. Really, I mean, seriously, like you don't want to be the guy buying your plane tickets
like in the last two days and like overpaying for hotels and planes and stuff. Like go,
go get your tickets to BTC Summit. Obviously go to BTC Bitcoin Asia while you're there,
make a week out of it. Maybe even make a vacation out of it. Jan suggested you could go to like
Thailand after because you're already over there. You know, there's make a vacation out of it and
get your tickets and get that all locked away.
I really do think it's kind of like the last the last minute to be doing this.
You don't want to be doing it right before.
Just overpaying for no reason for stuff.
So go get your tickets.
Trevor, do we have any final words of wisdom?
I just want to say, Leo, just want to say on the BTC summit, obviously, I appreciate the plug.
I pinned the tweet one more time.
I know a bunch of you guys already retweeted and engaged.
I would really appreciate if you can go to the pinned tweet,
like it, comment, repost, because the mission is clear, guys.
I'm trying to get Arjun from Kraken to come to BTC Summit.
I am in DMs with him.
He said it's possible.
He said he's not sure if he can make it
because of time,
but he's open to it.
Like he knows about the event.
He obviously loves the Rune communities.
Many of them are going to be showing up in person
and going to be shilling to people in Asia
about everything that we're doing here.
So, you know, if we can get more engagement,
if we can push him a couple more times, maybe he's gonna, he's gonna make it. I even saw that some of the people from Kraken team, I think that are based in Singapore are already registering for
the event. So like Kraken is going to be represented at Bitcoin summit, but I would
definitely want to have Arjun to show up and maybe just get the people excited.
So if you can go to the tweet, if you can like it, repost,
doesn't cost anything, would really help a lot.
And maybe we can make it happen and we can pump it up.
Hey, Lee.
Oh, go ahead, Tuxedo.
Guys, what the hell?
I was here for three hours.
All right, hang on. I can just tell tuxedo is going to derail
this we're going to go for another hour um tuxedo you have like one minute and then i want to it's
like it's like 4 a.m for him you know or or like 6 a.m he probably just slept for one hour
go to sleep tuxedo um we're gonna let tuxedo talk for one minute, and then we're going to let Cynthia have the final word.
I want to hear how she's doing.
And then Trevor's going to have the final, final word of wisdom
for everybody this evening, and then we're going to wrap up the show here.
So in that order, what's up, man?
What's up, Tuxedo?
Man, I was going to say different things, but if I have only one minute,
then there is no other thing that I can say other than praise dog.
If I'm given only one minute, then the only thing I can say is dog to the fucking moon.
And all the ordinals and runes and even some other asset classes on Bitcoin, which I will never name on this show, go to the moon.
And yes, this fucking feels like we are back. Leo, every month he says that we are back,
and sometimes we are not back. But this time, fuck, it feels like we are back. Thank you,
guys. Be well. I had some thoughts. I had some thoughts being back moments, but I think we're
actually back this time.
Tuxedo, we'll have a top secret meeting in the other side at some point.
And we can chat in more detail about plotting plans and stuff.
But for the meantime, appreciate you coming through.
Hope you're able to get some sleep.
Cynthia, you're going to have the final word tonight.
How's it going?
Good evening, everyone.
Nice to be here. I've been here, I think, since the beginning of the space, really. And it's been a lively discussion. Lovely to hear everyone's thoughts. There's a lot going on in the space right now, I think. Like, it's been a busy sort of week a little bit. And like Leo said much earlier, maybe we're back. We might be back with everything happening. And that would be very exciting.
be back with everything happening and that would be very exciting i'm sure the you know bitcoin
summit and the event in asia will be helping us uh climb this mountain that we're there cynthia i
know you you promised oh wait have you have you booked uh you've booked the hotels and flights
for mr e and i jan we have to get into dms about that and figure that out if you don't mind we need we need a sponsorship for Bitcoin cyborgs VIP treatment man
you know no no joke somebody messaged me Cynthia I don't know you have some
really powerful friends because somebody messaged me I need to follow up with that
guy somebody messaged me like like two weeks ago and said I'm gonna sponsor
Cynthia and mr. E2Go.
So I need to follow up with the guy if he's actually serious or he was just joking.
But, you know, obviously I would love for you guys to come
and it would be awesome if you could represent
that side of the world in Hong Kong.
So let me ping the guy and see if he was actually serious about it.
Oh my goodness. I need to know who this mystery person is.
I'll just say yes. Say yes right here. Cynthia, you're welcome. Enjoy.
Oh my goodness. Troy, what a legend. Oh my God. Troy, that is amazing. I hope you're going to
be there as well. So I can see you again i'll be
i'll be i'll be on an ipad sharing the the ipad with with leo so you can carry us around troy
you're gonna be you're gonna be monitoring blast while he's in that room bro oh dude i'm gonna
yeah yeah i have no problem carrying an ipad around i'm sure uh mr e will be just as happy
uh to strap one to himself.
Maybe we can get a GoPro or one of those like, I don't know, you know, those little cameras that people put on their cats and their kids and it just kind of sticks.
You can stick it onto your shirt with like a little magnet. And it's really great.
Maybe we need those to walk around the conference with.
But there are so many innovations these days that I know we can figure something out and it's going to be beautiful.
But of course, it would never match the wonderful feeling that everyone would have if Leonidas were to actually show up in person to one of these events.
That would be, I think, like I've said before, and I'll say it again.
And once we see Leonidas in person at these events, that dog is going to fly so fast into the moon that he's going to have to hit the brakes so he doesn't crash.
I think that's what I think is going to happen.
So you guys better install some brakes onto that dog and then get Leonidas to an event.
That's just going to blow everything up beyond our wildest imaginations.
I really believe that's what will happen when Leonidas also shows up along with Trevor and
Jan.
What a trifecta that would be.
What a holy trinity that would be at the crypto conference, wouldn't it?
The three of them together.
Oh, my goodness.
So we got to get that going.
I have demands. If I'm ever going to do a theoretical in-life event, Jan would need to have a, like, Hollywood-level spotlight.
The stage must go completely black.
The spotlight turns to the stage.
A bunch of smoke kind of appears on the stage.
So we got to get, like, a good smoke machine, Jan.
I'll kind of walk out.
We'll give, like, a big fist bump with, like, some crazy music. We'll give like a big fist bump with like some crazy music.
I'll give Jan a huge fist bump.
I'll dab Trevor up.
We'll have like a big live ordinal show.
But it's got to be like,
it would have to be like top level production.
It would have to be like.
Done.
We know people.
We know people.
That's done.
Done.
Okay.
This is only theoretical.
And I'm, guys, it's probably, it's not going to happen this time in a few weeks.
But at some point in the future, and I'm not literally.
You know, Leonid is underestimates my capabilities.
You know, this really hurts, man.
Like, you know, I cannot organize a fucking smoke machine.
In the future, I think it could happen.
I actually would like to meet you guys in real life at some point.
And I do think at some point I will probably get doxxed
and then there's no reason not to go.
So that is what it would need to be like, though, Jan,
in a theoretical situation in the future.
So, guys, here you have it, okay?
Yo, that's crazy.
He just said he would get dogs?
The plan is clear.
Guys, you gotta come.
You gotta support Bitcoin Summit.
We need to make it fucking great.
We need to blow it up.
So that the next event, next year,
when we get Leonidas to dogs himself,
it's like the top of the cycle.
Bitcoin is 500K.
Dock is $300 billion market cap.
And we're going to make it happen, guys.
So that's what you got to do, guys.
It's very simple.
Like, we don't really have to over-engineer this.
Like, we just got to show up.
That's it.
We just need a burlap just need a burlap sack and
just like and then i mean we could just gotta we could get a burlap sack and throw leo in it find
him first and then bring him there but but like like top tier burlap sack because he he has
requests it's not gonna be scratchy on the inside it's gonna be no line so it's not line or felt
felt maybe there's a kitten in there so he is you know because he's gonna be no line so it's not a line or felt felt maybe there's a kitten in there
so he is you know because he's gonna be on a plane under the luggage you know what i mean
we don't want him talking during the flight we just don't we don't want we want him to save
for the speeches he's gonna do for the long speeches what's up leo
remember that the smoke and the fist bumps i was like how old is this guy
were you raised in the 70s that's so funny that's tuxedo it's funny because i was thinking he's
gonna do a huge one so i was like does he have a huge hand is he tall enough to reach what level
like there's there's keys to words people you gotta so it's funny you were thinking about that
i was thinking about, you know.
Bro, Troy, when he started describing it,
I started immediately picturing Mariah Carey before a concert.
And then he said, I will fist bump Jan.
And I was like, okay.
He's like, I'll do the hokey pokey.
We'll get down.
We'll do the boogie woogie.
And it's going to be far out.
I'm like, Leo's older than me?
Leo, bro, you might as well go and finally send us to the moon dog.
I finally decided to make this trip to those conferences.
Nashville is fantastic.
Vegas.
Well, um, ah, shit, Vegas.
That was a time.
I guess we have to go there again.
It'll be a great time.
Uh, Cynthia, I do not think we should walk around with cameras in the middle of the night at casinos. Otherwise, you'll find me like hurled over a craps table at four in the morning, losing all my money. Otherwise, in that though, they're a great time, dude. It would be great to have everyone out. I've met most of the people on the stage here out of these conferences and stuff. They're great times. Apart from just the networking stuff, we have a blast together.
out of these conferences and stuff.
They're great times,
apart from just the networking stuff.
We have a blast together.
So Cynthia and I always manage to come across each other
at like four in the morning,
both stumbling around like,
oh, the sun's up already.
I watched this man play crab.
Troy comes out of the blue.
He's like, sleepless.
You need to go to bed, bro.
It's time to go to bed finally.
I'm like, all right, Troy.
I love the craps.
You have sleep, sleepless.
Just for the general degenerate crowd,
are you minting? Everybody can hear me. Everybody can hear me. I don't want to, I'm
not trying to shill. I just came across my desk. Are you, is anybody minting spreadsheet,
spreadsheet monks right now? And ordinal Genesis? I was on a whitelist, so I did grab some.
Um, I personally just got back, so I haven't touched anything tonight. I, I, I hit it. I,
I minted a good amount of this a bit boost though so i was pretty happy about that but um yeah a
bunch of people in our server minted this i think neighbor did too yeah i just dropped everyone has
their phone i just dropped it in your server anyway so i saw you here so i figured people know
if you don't know who sleepless is he like runs one of the best alpha groups in the the whole town
the whole town what the fuck how old am i anyway nice to
have you bro yeah man we did something in vegas um for anyone that missed we missed you we had
some dope shirts and merch and we we passed out um these sack of cat stickers which is pretty
funny um i don't know if anyone's seen the sack of cat before with the puppet face on it but
um one of the big bitcoiners actually somehow
found those and when he was going through the airport he posted a picture when he was in tsa
with the sack of cat thing and was like oh i got stopped by tsa for a bag academy and i'm like oh
it's pretty funny but yeah we're gonna do something again uh next year for vegas i believe it's the
end of april uh tickets were pretty cheap or they were free for a while so check it out it's one i
mean if you're here right now and you're you stuck around from the beginning and all the the bears and stuff
I mean hey the ordinance crowd IRL we have a great time and it's not stopping and even just going to these events like
It kind of indoctrinates you even a little bit more because you get to meet all the faces to the names and the people
actually see the support behind the projects and people wear all the merch and kind of be this one big ideology together
It's a lot of fun. Um, if anyone you know, you got a year to plan it out
I would definitely suggest going and none none of the great troll trolls and memers are are they're just like fucking cool people
They're just don't take things so seriously on the timeline. Have fun have thicker skin and
Yeah
sleep as I agree have fun have thicker skin and uh yeah sleepless i agree
have you guys met like uh degentralized in person like yeah degentralized is awesome
it was so fun to meet him i met a ton i met troy met sleepless obviously mystery's down there i
met him i got to meet trevor which was fantastic i'm looking if anyone else oh yeah so shout out hills
because one of the best days for the puppets other than the the trio house event was hills
was like you know what we have a little bit left in our fundraising budget i want to do something
cool like the last day that everyone's there so at the hotel that most of the puppets say that
she rented out like two cabanas with like bottle service and the whole deal so that was like
really like a time where it was just the puppets up there and everyone got to me and you know
degenitalized there wanky elmo hills cynthia queen alma you name it we were all there um it was
actually kind of funny because they had all the leftover merch so there's this like family next
to us that had a cabana with bottle service grandma was literally throwing up in a bucket i was like what is going on over here like literally thrown up in a bucket
but all the girls that were part of that group like came over and all the moms and they're like
we love you guys like we love your hats like can we have some and like when i walked in some random
person walked up to me and said i don't know what this is it's a hat with a smiley face but i said
plug bitcoin puppets and i I was like, okay then.
So it was cool. They were putting stickers on themselves and just danced around the pool.
We had a great time. Mr. E was literally in the pool jamming out to EDM music.
Fantastic sight to see.
So yeah, it was a great time.
I have to add something here.
Even though obviously I love Dog and the party party that dog held was great but a bit weird
because it was at the male strip club which I cannot say whether I love or not this is a
different discussion I have to say that the best event was by pizza ninjas at the planetarium if I
had no idea what ordinals are what crypto is and, and at that moment, as just a visitor, I would walk into the planetarium.
I would say, okay, probably some Hollywood type shit is going on here.
Top level design of everything, of all the animations.
Obviously, Pichaninza, it's like by itself as a collection, is a great IP.
It was awesome.
The best event, probably.
I'm so sad I missed that because I was in Japan.
I was in the Tokyo Tower.
And I was with Jan because we were doing a little interview.
But I got to meet the fucking owner of the Tokyo Tower.
And I think Jan did too, bro.
And he was like...
Yeah, that was funny, right?
That was fucking funny.
Yeah. Yeah. And he was like, yeah, that was funny, right? It was fucking funny. Yeah.
Yeah.
And he was like, yeah, listen, I want to do this coin.
I'm like, bro, I just met you.
Yeah, they started building up on a coin, man.
I'm like, what the fuck?
I actually connected them to that one exchange.
I didn't want anything to do with it.
But he liked.
Anyway, but Trevor, all my friends dave and my friends who were there they
go dude you missed it everybody had their shoes off i'll leave it at that um because there was
like water i was like what that would have been cool um anyway let's reset the room we're here
with leonidas leonidas where did it all start for you man tuxedo just completely derailed tuxedo and
cynthia just completely derailed us i wasuxedo and Cynthia just completely derailed us.
I was just doing my little speech that you asked for.
I didn't tell everyone else to jump in and start talking.
Please do not blame me.
You know, don't blame the woman on stage, okay?
Trevor, I think we need to re-talk about we were considering Cynthia being a co-host replacement for Jan.
I'm not so sure she can handle it.
She's got a great voice.
Her timing around segments isn't very good wait a second leo comes out and says i'm going to dox myself next year
and i'm derailing the show what did you expect to happen after this announcement bro
that's that is not even remotely what i said i said i will probably get doxed at some point
and when that happens, like, why?
Like, that is literally the only reason.
Leo, now you know how it feels when people misrepresent your fucking words that you say on the show.
And you do this to me very often, my brother.
Every single person listening right now heard you say this.
People remember January.
You were saying, I believe your, like, bull case was always 150.
I'll give you that. But you thought you thought like a reasonable case would be 120 i said this and you said dog might go to 1.2
i said this year i didn't say top of the cycle i said this year and if the top of the cycle comes
next year then i will re-evaluate my price targets. But this year I said 150K.
And yes, like, you know, it, guys, like, you know,
it feels maybe a little bit bearish, but, you know,
if we go to fucking 300K, I will be happy as fuck.
So let's make it happen.
And, dog, I said, I said 3 billion or something like that,
I believe.
300 billion. He said 300 billion. No, no, no. But, yeah, I said I said 3 billion or something like that. I believe 300 billion 300 billion 300. No, no, no
but yeah, I guys go find the recording go find the recording earlier earlier
I said 3 billion so we can find the recording man. That's fucking 10x from here
I would be fucking happy for that Leo. Don't call me a bear
You guys know the meme of the guy?
He's like, it's like a GIF and he's like sweating really, really fast.
That's what I, every time I saw Bitcoin going from 100 to 105 to 110, to 115, to 120, to
120, I was just imagining that was Jan.
Yeah, Leo, that's fucking true.
You're right.
You're right.
You're right.
Jordan, that guy's Jordan Peele, dude.
He's one of the, he's a key and P funny. I think, I think that's who you're talking about.
Anyway, I don't want to get into color. I think you're right, Troy, but that's true.
I don't want to get right. It was, it was key. I think, right? No, key is the,
sorry, my bad. It was a feel. I just guessed it was a 50 50. okay um but yeah it's hardly jan is like he's like very
very nervous when bitcoin's going up because he's you know if bitcoin goes up 10 it shatters
john's all-time high prediction so leo you could also do it all time oh my god he's got all-time
predictions again oh my god this guy this I'm gonna, I don't know.
Guys, I mean, I don't think I'm like, I might be like slightly twisting it,
but I'm not misrepresenting the sentiment of that show in January.
And people can go listen to it.
That's true.
I mean, I mean, your target is 250.
We were at like the bottom, everything was down, and Jan had fully like capitulated.
Your target is 250 to 300 if I'm not mistaken right 300 is like my bull case
that i'm hoping for yeah so i have to give you that i have to give you that you're definitely
your bull you're a bitcoin bull i'm a bitcoin bull too let's just see man like i i really hope
if we can hit 150 by the time of bitcoin summit i'll be very happy about that because that's kind of the prophecy, right?
Because I don't know if you guys remember,
but last year when we did Ordnose Asia,
we were at Bitcoin all-time high.
And that time, I don't remember what it was,
but it was maybe 70K or something
or maybe more than that.
I don't remember, but we were very,
I actually read through like our PR
that we published in some media publications last year about our event.
And in that PR, we specifically had like, yeah, Bitcoin is very close to its all time high last May.
And obviously you guys know that runes were popping, right?
Because the event was hosted two weeks after runes launched.
And so I think that was the time when Doc was like almost at a billion, right?
Because like it was basically the most hyped time of runes.
So like we have work to do, but I want to make sure that by the time Bitcoin Summit happens,
which is three weeks from now it's end of august
we're gonna be close to those why do you have to make all these like weird stipulations and talk
for like two minutes you can just say that you have like a very low price target for bitcoin
this cycle that's okay to admit like everybody heard you say it there doesn't need to be all these contingencies and like special conditions about it okay okay okay sounds good for having recorded spaces
i remember what jan said clear as day i he was so bearish i was there everybody was there he was so
bearish he started looking for web 2 jobs. He was browsing Web2 jobs.
He was DMing me and saying, hey, man, I found this executive officer spot at Toyota.
I was like, what the fuck, man?
What are you talking about?
I literally, I'm not kidding.
That space was the space where I think I messaged Cynthia and thought, like, we might need to find a new co-host.
And that's when that started because like i was literally just sitting there with trevor and we were just
like awestruck that like this guy we've been like literally spinning you know 10 hours a week with
on these live spaces for two years has this crazy prediction that bitcoin's gonna go up like 18
that's his like exciting prediction he's going to give on the show and like i i just
that's his like exciting prediction he's gonna give on the show and like i i just
the the disconnect to me there was very strong um it would be pretty funny if jan ended up being
like correct and it like topped perfectly at 150k and then he gets to talk shit for the next four
years but man i just i don't i don't see a world i don't i don't see i don't want to be i don't
want to be correct guys everything is about timing you know it's everything is about the
the time that we consider this stuff to happen it's not that bitcoin is only gonna get 150 and then we're going down to 50 you know like that's that's obviously not what i said or what i implied
but anyways that's fine let's let's look back we still have three months to go. We'll see what happens.
I really wish we had at least 300, 400, 500. I really wish we go there because that would
obviously mean a lot of good things for us in this ecosystem. So, you know, let's make it happen.
And Tuxedo, by the way, it wasn't Toyota. I was applying for CEO of Middleman. And you guys didn't even accept my application.
So, you know, unfortunately, I don't know.
You don't have to be spreading the rumors here.
You tried to get me fired last week.
Now you're trying to be the CEO in order to fire me.
I mean, come on, give me a break.
And as Leo said, to quote his words, I don't like to live in a world where Jan is right.
But yeah, I hope Bitcoin hits all time high while we are at BTC summit so that this marks
like a, let's say, connected event so that people for the next year will be even more
bullish.
Even though you want to get me fired
i still wish the best for you and the event as well sleepless i want to get somebody objectively
to give some thoughts here that like you know doesn't have like any major favoritism towards
one of the co-hosts so sleepless you know you've listened to the ordinal show some in general
jan kind of has these predictions that like you you know, ordinals, some of the
ordinals collections might go up, you know, to half their all time highs is kind of his
big predictions and that some of the ruins might, you know, like I think dog might hit
a billion again, Jan predicted.
And then that Bitcoin, this cycle, it would hit 150K.
Would you say for somebody who hosts a Bitcoin space and hosts, you know, Bitcoin conferences
that this is good predictions or is Jan bearish on the eco?
I think it's definitely an interesting question to ask me because the majority of money I've
made on chain was for making very speculative decisions in early ecosystems or whatnot. But
all I'm going to say is, and all of this kind of made me laugh and think of it,
but I don't know if any of you guys
were at Art Basel last December,
but it was a great time.
By the way, Magic Eden threw on some awesome events.
I believe other groups and stuff
threw on some great events.
It's really Troy and I were kicking.
We had a great time there,
but that was the first time Bitcoin broke 100K.
Now, I've only been in the
space since 2021. Actually, I joined in like January of 2022. So it was the first time I
bought Ethereum. If you know, about like five months later, it was worth like $900. So needless
to say, I was shocked and had no idea what was going on. So I'm definitely not like mature enough
saying I've been here like eight, 10 years to judge cycles or macroeconomics.
But I, as a younger generation, I'm 25, we have this belief in Bitcoin. Once you go to these conferences, you kind of realize Bitcoin's not just finance or a way to make money, but it really
is like an ideology. And you start talking to a lot of people and you kind of get sucked into
this atmosphere. And ultimately that kind of radicalized me
So my long-term targets whether or not
It's this year or next year or four years from now or ten years or much higher than 150 K
I think over the course of ten years
I mean even if you just if you pace that against the inflation of the dollar and one
I mean, I think the dollar was down like 10% this year last I checked
Maybe it's a little less now, but you you know it's like things like that that scares me it scares my generation the whole
we'll never own a house we'll never own anything thank you black rock whatnot um but thank you
leonitis for sending all the black stones because that definitely gave us a good boost to uh to our
young economy you know you black rock but yeah so i mean my targets are higher i mean realistically like
ultimately i think when all the trade war stuff is settled and hopefully the economy's in a decent
spot and everyone's in a harmonious place with world economics and geopolitical situations and
wars are subsided i think it's much much higher than 150. so hang on hang on i want to i think we
we see eye to eye sleepless you know like i think
i think we understand each other so sleep is if you had to rate on a scale of one to ten ten being
extremely bearish or sorry ten being extremely bullish on the price of bitcoin one being
extremely bearish where does the onset with his prediction that bitcoin may hit 150k someday
for this year okay i mean For this year, not forever.
I think it was the cycle.
Not the year that we'll only hit 150k and it's over.
I think it was the cycle.
It may have been the year.
It may have been the year.
But it was at least the year and maybe the cycle.
He said cycle.
I mean, maybe the year we go over 150k by any year.
I mean, that would be a pretty good spot. I'll be it like all things considered.
It's the middle of the summer.
Like people didn't really take the whole sell in May and walk away thing in serious.
Like we're only like a couple of percentage off all time high.
So it's like Bitcoin holding 115, 114 right now with all this other bullshit and more
tariffs and whatever.
Like that's a pretty good spot in the middle of the summer, in my opinion.
And all I know is like weird shit happens in Q4. I i don't really know why i don't really know for what reason um
i went to miami and bitcoin was 80k and i woke up the next morning and it was 100k and everybody at
the inscribing events in our basil they literally had like uh coffees and they were printing dollar
sign 100k btc on it and we were all just like yeah
Fuck yeah, like go Bitcoin, but the last thing I'll make it a small point
But you asked the question about ordinals and runes
I think a lot of collections at least the established ones that have held their base from now will go to their respective all-time highs
But there's someone in our server. He's a really good trader. His name's Prometheus
We're Prometheus 100x on Twitter. Really,
really one of our best leverage guys. He's also in the same boat. It's made me think a lot.
I think that we'll see a lot of collections pump up to USD valuations, but trend kind of down
against Bitcoin. So you might see like, you know, puppets at 25K again, but the question is,
will Bitcoin be 200K at that point you know so what will be the
satoshi value of that so i think it's an interesting way to look at stuff because if you're a true
bitcoin bull you believe that everything trends to zero against bitcoin over time uh and you know
all they're all assets whether or not they're on bitcoin chain or other chains ultimately they'll
probably do the same so i think they're all a good way to stack Satoshis in the short term and midterm. But if you think Bitcoin's 500k or at some point, you'd probably
be better off holding a stack rather than trying to trade it on chain and thinking you'll outperform
it. But in the short term, using ordinals and runes and all this stuff to chase narratives
and outperform, absolutely. Great way to stack stuff. I completely endorse it.
I feel like that was a very diplomatic answer especially for a 25 year old i liked it i really liked it i mean dodged
completely dodged both of my questions i really tried to pin him down with a very specific single
digit number answer couldn't do it sleepless you did a good job man um yeah you've remained
the co-host for the rest of the show cynthia i'm sorry we were trying to throw you on
okay leo you have to give me some credit look at look at the show man
the numbers are 600 right now you know do you think that like if we had a
conversation where we like agree on a number without
conversation like this do you think that it would be
entertaining show?
I don't think so.
Can y'all do a fake fire?
Can y'all well act a fake firing on the next show?
Just like fucking out of nowhere.
Like you just really, just for the context. You're fired.
No, but like, you know, just like spit coming out of your mouth,
you know, kind of thing.
Like slobbering almost.
But we're not going to see it.
We need to see that.
But I do have to point out that the number has gone up since I joined the stage.
Just saying.
Just saying.
I don't know if there's a correlation.
I think it was Jan's legs.
I think it was Jan's legs when they posted them up to the top.
Cynthia has the best voice on the stage right now.
Guys, before we miss this.
Aw, thank you, Troy.
Let's point something out before we totally skip it.
Sleepless said that he joined the industry January 2022, and the guy didn't leave.
He stayed.
What are your balls made out of, bro?
Yeah, that is pretty wild.
You had a rough game.
They're made out of 25-year-olds.
You got to understand.
You got to understand. So I actually finished the degrees i had in college at the time i was i think i was a junior yeah it was 2021 i i so i lived in a house with 13 or 14 people and uh two
of my roommates got they're real big like resellers for shoes and collectibles and random annabelle
dolls that would show up at the house. You name it. Random shit.
They got big into crypto. They did those top card flips, whatever those NBA cards were originally.
Basically, one of my roommates minted a Neo-Tokyo Genesis for free and printed money.
After a certain point, I was like, all right, bro. I'm figuring this out. My family's in tech.
I built computers. I'm learning this so i bought eth like literally like december 30th
of 2022 and i think like five months later it was like 900 but i accidentally bought like a creeps
nft i had no idea what it was i just saw them trending so i was like i'm gonna buy this invasion
pass thing and then i flipped that for an eth and then two
days later bank shielded it and it went to like 90. yeah oh bro so i was like yeah i was like two
days from like a massive amount of like that i think it would have been like i don't even know
all the looming bro it was a lot it was like 60 cents on the dock the math is stupid um that hooked
me because i flew so close to the sun but you know didn't actually make it there so
eventually we found ordinals and that was a new chance and a new life and you know we kind of
went from there that tracks you said january 20 the tuxedo or somebody said 2022 uh 2022
february is when that that drop azuki drop like zipsy like that was like if you were there you would you could have fell on
your phone and made like tens of thousands of dollars easily and when creeps had a staking
mechanism too as their floor was at nine east then they were printing it was just unbelievable it was
just like it was just stupid you know it's crazy to just something clear, in order for someone to make money in February 2022,
it means that you didn't burn your money the months before that.
I was in London attending NFT London back then when it was hosted then,
and everything was going smooth.
It was late November.
After NFT London started token 2049 in London also which by that time it was hosted there
and the FTX collapse happened on that day I've never seen a more grim conference everybody was
ready to cry we saw our assets collapse I mean these people probably missed every other opportunity that came in december
january february march until they were able to recover so i get your point but it's like saying
buy the dip with what
you know what that's fair that was my experience of it you know i was here in 2020 so obviously i
i did it right a lot of people did do
it right you you'd have to everybody thought they were a good trader in 2021 generally i mean
generally you just it was all new right to a lot of people and by 2022 2023 it started after 20
like no 2022 like april it started dying down like it was like feeling bearish like you didn't want to check
and then goblins came out of nowhere it was the anti-perfect storm like the apes had when they
when they entered like apes just came in at the right time it was just the right perfect storm
and then goblins freemint just went crazy and obviously that was a crazy time but yeah it's uh
but that's a fair assessment but i just remember i mean troy is this all
basically maps and trevor correct me if i'm wrong on dates here but this maps with like the stimulus
checks in the u.s and like the the printing money like low interest rates all that stuff and
the conversations i'm having with people is that like towards the end of this year interest rates
may start coming down again we may enter some sort of phase like that. Markets are already at all time highs. So if you're,
I'm starting to see things like people talking to me about Pokemon cards, Rolex watches.
I'm starting to see some of the signs again, just like outside of crypto even,
that very much resemble 2021. Just some of this AI stuff is like kind of going nuts.
Yeah, I could easily see us if interest rates truly do keep getting cut like people think
they will towards the end of the year here.
It could get very interesting.
Well, isn't it the next Fed meeting that it's going to be cut?
There's like a 97% chance or something.
Yeah, yeah.
J-Dog, I think.
Can you, J-Dog, can you pull the Polymarket for me? I'll do it. I'll do it.
It's looking very good.
The market feels
very, very strongly that there will be at least
I think it was like 0.5% is what
it was looking like.
Let me see here.
Okay, yeah, 79%
chance of a 25 basis point points of 0.25 uh reduction and then 6.5 chance for 50
points so and then 15 chance no change so it's not it's not 100 but if you look at it it's trending
up massively so probably we'll get it looks like we're gonna get 0.25 uh percent you said you're
looking at that polymarket or yeah go to like polymarket.com and then okay but i think you i
think you were leading to a point there you were saying something like people on the outskirts
you're hearing things like what were you saying you were getting at something besides polymarket
yeah just basically just in general um i think like, my general understanding, I took,
you know, a macro, one macroeconomic class, I'm not, I'm absolutely no expert, I can understand,
like, you know, basic kind of stuff, like this goes up, and this goes down kind of stuff.
But my basic understanding is that, you know, if you're trying, if you have a bunch of capital,
bunch of value, you're trying to basically preserve that. And people, you know, if you're trying, if you have a bunch of capital, a bunch of value, you're trying to basically preserve that.
And people, you know, let's say somebody has $100 million.
Well, if you just kept it in fiat, you're going to end up with inflation and you're going to end up with less and less and less money over time.
Right.
So obviously nobody, nobody keeps their money in fiat.
So you can basically buy bonds, basically get this sort of like guaranteed return on your money.
And it's like, OK, so if I can get some guaranteed, you know, five or six percent or something from the government, why would I then put why would I invest in the S&P 500?
That also, you know, gives me similar returns across time or whatever. It's like, why would I invest
in other things? I can get this guaranteed kind of money because interest rates are higher.
As interest rates come down, all of a sudden, it's like, okay, I have to put my capital. I
have to do something. I cannot just sit here with bonds and stuff. I have to, you know, go invest in companies or start my own company.
This is basically what ends up happening. And I think the really long tail of that
is sort of just crazy, frothy speculation with companies like Nikola flipping forward,
I think was sort of the one of the keystone moments of that 2021 stuff and i would argue unhealthy but
fundamentally that's that's part of the phenomenon and i think crypto as intangible assets uh
yes there are scams promising utility blah blah but we're not like that nicola company where it's
like hey like we're gonna build this pickup truck and do all this stuff like, you know, meme coins, PFP collections, art, Bitcoin, like they don't have to do anything.
We just need to get the world to adopt these things.
And then as more people adopt them, they sort of have this inherent value that happens where it's like Bitcoin as it grows, becomes a stronger, more secure, stable store of
value. And actually its properties improve the more people that hold it and the higher the price
goes. Right. And then eventually I think the end game is that it actually becomes money. Like I
think, uh, you know, Bitcoin at a hundred trillion dollars or something is not as volatile as it is
today. And then people can actually reasonably say, I'm going to,
you know, go buy milk at the grocery store with my Bitcoin. I don't think people want to do that
today, obviously. But my point is that when people feel like they have to spend their money or,
sorry, invest it in things to preserve their wealth, because they can't just get the free percentage interest every year from the
government and from, you know, savings accounts, because now the savings accounts are actually,
you know, you're literally paying the bank to, like when we went to zero interest rates,
you're paying the bank to store your money. There's like, you're not getting any interest.
You're paying a fee, right? If we head back to that environment, nobody puts their money
in savings accounts anymore. They're going to start to buy gold and they're going to buy Bitcoin.
And the long tail of that is they're going to buy meme coins and they're going to buy
10K PFP collection sort of a thing. That's just generally how it sort of works. And I think
collectibles as a category is the category I think of NFfts then nfts are digital collectibles so
when i see people are excited about buying uh extremely rare pokemon cards or labubu speculation
or collecting rare watches and and these are just people's way of storing value over time
in my opinion there's obviously all there are gambling aspects to it.
There are various aspects to it.
But I think a lot of people that like,
maybe they're not the guy with $100 million.
They have $1 million.
You know, that person is choosing to have a Rolex watch.
They get some utility for various reasons
why people have Rolex watches.
But also probably that watch
is gonna hold its value actually.
And they're preserving their money by holding that watch is going to hold its value actually. And they're preserving their money
by holding that watch, right? They're preserving value. So it solves an actual problem that the
government basically forces you to, you want to keep the value you've created, you need to
basically invest it in things. Otherwise you're just going to basically tick down over time
because the US dollar is a terrible store of value it's just objective it's on purpose a bad store value to force you to go
start companies and to invest in companies and to do stuff like that so that's that's my general
understanding so if interest rates go down i think extremely extremely extremely bullish for crypto i
think bitcoin literally could you know like let's say in some crazy world that the Fed drops 1%
in this next rate cut, right? Like goes 100 basis points, like crazy. I literally think Bitcoin
could jump to like 180K overnight. I think it's literally that correlated. I think it's
highly, highly, highly correlated. I think it's a real problem that people have and a lot of capital during the
kind of bear market, leaving crypto, moving to these like very more safe, proven stores of value,
very, you know, less speculative, just kind of guaranteed returns. That is a little less in
favor now. And people are more interested in making sure that they are part of the AI wave
and having exposure there, making sure they're part of the AI wave and having exposure there,
making sure they're part of a diverse portfolio, I think probably involves some percentage of
crypto for the future of finance and AI for the future of basically software and digital
intelligence, right? I'm not saying this is like everybody's like going, you know, 50% of all their
money into AI and crypto. I'm saying that it's becoming
normal for a lot of people to have exposure in their portfolio to both of these things.
And as interest rates go lower and lower, their financial advisors are going to be saying,
okay, let's do a little more AI, let's do a little more crypto. And as long as they have decent
advice, and they, you know, have decent risk management and have a diverse portfolio,
I think it makes a ton of sense for like a lot of these people to be buying some Bitcoin. They probably should have been buying
it a long time ago. You know, probably you should have had 1% of your money in Bitcoin pretty much
for as long as it's been around. But yeah, it's an interesting environment we're heading into.
And that's like the interest rates are trending down is the bottom line and as that happens and we actually materialize that expectation i think it's very very bullish for
crypto and the collectibles in general you know when you the whole time when you were saying that
you know i was just thinking about like it's like some something that is um common to think about
like like the so when we get stimmmies like when we during code we got stimmies
right like these the government needs you they want it like if you spend money right they want
you to spend it you your spending boost the gross domestic like the gdp it supports jobs and it it
just keeps the machine running, right?
So money sitting still is like useless to, it's useless to them. Money moving is power. So like
investing in other things, I think is an infrastructure that helps move things. So
they realize like, give people money, not to give it to them like every once in a while,
but when people have money, they like to buy things. If you're buying a meme coin,
not everybody's going to make money.
It's the gambling.
It's the casino in the sky, as this one guy likes to say, that it's usually a few winners
and obviously the market makers and also the dev that initially sold and also the CTO dev,
also whatever the case is, you know, for like the top coins.
Other than that, there's a few people winning over there.
But like a good onboarding mechanism that would come with education is like, man, could you imagine an arena with like 10,000, 20, 30,000 people that were all normies?
Like, yo, you all got phones?
Okay.
Doesn't have to be Bitcoin.
But like, yeah, here, like open up this app.
You have it.
You have a wallet address.
All of a sudden you just got air educating them.
What Web3 is about showing a big fucking chart on a large scale of saying, this is what we
just airdropped you do not sell just yet.
Watch how this, you know, kind of thing.
It sounds like a very grandiose kind of like out of the ass kind of idea.
And it is right.
But the idea is that people will work for money if they know they're going to get it.
But they also just give them money because they will spend it.
They'll they'll spend it. They'll collect shit.
They'll collect art and buy shit they shouldn't buy.
But that's a healthy thing.
They need your money to move, even though it gets depressing every other cycle.
You know, every so so often the market is down and you
feel it and then it's up all of a sudden. Why does that wave happen? It's not just natural.
It's, it's all manipulated, right? Anyway, I'm talking about a lot of things, but I think
keeping your, keeping your things in movement vehicles is obviously
is the way to me, you know?
Troy, I mean, look, dude, you're 100% right, man.
It's like, I think in general, you know, this is not an exact situation, but I think it's
a very common example.
It's like a lot of people feel like, okay, like they work this job, they have not gotten
a raise in many years yet.
The like, they like the prices in the grocery store keep going up, basically.
So it's like they're feeling this obvious inflation, and yet they're basically making less money every year.
And the cost of everything is going up every year that they're buying.
This equation is not working.
Something is wrong. And in general, the sentiment is like, okay,
this idea of I'm going to park it in my like Bank of America or Wells Fargo savings account,
which doesn't actually give you interest. It gives you like 0.01% interest. It's like a scam.
In my opinion, there's real banks that offer real interest on their savings accounts.
And people aren't necessarily using, most people aren't using those. They're using the Bank of
America, Wells Fargo ones.
And they're like, okay, well, I, you know,
maybe you're not the most financially literate person ever,
but you're like not stupid either.
And it's like, okay, if I just leave my money
that I made in my savings account,
that's just going down.
I'm making less money every year.
Everything's getting more expensive.
The general reaction is like,
I have to do something to preserve value.
It's the exact same problem that a billionaire has.
It's like, you're forced to do something.
And the answer literally is like Bitcoin and like diversifying into basically, yeah, some
sort of diverse portfolio that allows you to preserve value over time versus money like
fiat is just a terrible, terrible way to do that.
It's literally on purpose designed to terrible, terrible way to do that. It's literally on
purpose designed to be a terrible way to do that. And yeah, basically people, people realize like,
Hey, I probably should not be doing the thing of like, just going to work, collecting my paycheck,
putting it in a savings account in banks of America and you know, buying things to grocery
store. That equation doesn't work anymore. And people
have to do something. And whether that's, you know, Robin Hood, where you're buying stocks,
and I'm not talking about like, yes, people are also there is like a super hyper speculation if
you're trading a lot. But I think there's a lot of people that are also just buying and holding
things. And they're understanding like, this is a chance at growing value, or at least preserving
value. And I have to do something because the other thing that
I was told to do doesn't work at all, obviously. And like what that ends up being is people
buying watches or buying collectibles or buying NFTs or buying meme coins, buying Bitcoin,
buying ETH, buying Sol, and trying to basically do the same thing that everybody else is doing,
And trying to basically do the same thing that everybody else is doing, which is basically grow and preserve value because fiat is an absolutely a just horrible, horrible, horrible way of doing that.
You cannot hold fiat.
And even if you like you, again, do not have to be some like economic expert to understand this.
It's intuitive.
It's obvious that fiat gets you less and less every year.
Everybody knows this. I think we can all remember going to, uh, McDonald's 10 years ago and, or subway 10 years ago, and you could get $5 foot
longs. You could get like a soda and a French fries and a cheeseburger for like $7. Now it's
like, you know, all these things are like $13 and it's like, what the fuck? Right. So yeah,
in general, everybody feels that. And I think they, in general, are kind of catching on that it's like, okay, you have to not store value in fiat and you have to put it somewhere.
And people are figuring out ways to – places to put that value. Diverse portfolio investing in probably like stocks and Bitcoin and gold and some high risk things like meme coins or some AI companies that you're OK going to zero.
That that is how you basically preserve value.
It's how people have been preserving value forever, basically.
And like, you know, Bitcoin is just a new version of gold.
And, you know, NVIDIA is the new version of microsoft or whatever
it's like it's the same thing um you have to you have to grow with the global economy as the global
economy grows and fiat is not the way you do that yeah and like on the one side like say uber eats
right like say you're like okay uber eats all right goddamn 45 49 for a large pizza because
of all the other fees besides a 27, whatever. And then you're
like, you, then you start thinking, I'll just drive there. It's five minutes away. Right?
So that's like, the more that it gets egregious on one side, the more you start becoming resourceful.
It's like looking at a mint site comparatively, look at a mint site. You go at one point in a
down market, you're like you're
still minting stuff to just try to feel something hopefully for a flip or whatever you're doing it
for and then you just keep noticing these fees these fees and you're like wait a minute you get
tired there there are devs out there that will get tired enough to build something that is does
the same thing just less less fees, right?
So like when things get egregious, it's going to eat itself on one side.
And the answer is like, you know, all roads will lead to why this show that you do every week, twice a week since ordinals, let's say.
Like it's all on Bitcoin, right?
At some point.
And like not everybody is going to chant that right away.
But the people that fly to Bitcoin events, they know.
They don't have to chant.
They don't have to chant.
They already know.
So anyway.
I actually have a very short story on probably my most successful onboarding.
And if any of you guys, I'm sure you guys all know, it's incredibly hard to onboard people, even just to Bitcoin.
More or less understand what it is.
Or even it's like you can send them a sailor video and be like hey this is his presentation he outlines
everything like anything you could ever want to know all your questions will be answered
and they still won't watch the video but um my my one best friend from home before i moved away
um down to florida he uh he works as a trauma nurse and and he knows that I've been doing this for a few years now and
ultimately kind of found a place in that. And I've been trying to get him into Bitcoin since it was,
I think, 46. It was before the presidential election and before Trump had that
assassination attempt, the whole deal. It was like we were watching Dumb Money at his house,
I remember. It was like 48 grand at the time. And I was even telling his brother was about all
drunk just by one Bitcoin or something. It was something stupid, but they never did. It went
up, so on and so forth. And then it was his birthday back in January before Trump gets
inaugurated. So we were still cooking really hard and we were all hammered and I FaceTimed him. So
I sent him $150 in Bitcoin. I said, hey, download this thing. It's called Xverse.
Send me this stuff.
I'm going to send it to you.
So I sent him some Bitcoin.
And then I sent him... I'd minted a ton of this one project.
It doesn't matter which one it is.
At the time, it was doing considerably well.
And it was a very cheap mint.
So I sent him like four of them.
And they ran him to like $400 each.
So now he had a stack.
So now whether he wanted to be or not, he was invested.
And now this motherfucker every other day, he texts me two days ago, Bitcoin's like 112.
Should I buy?
And like, I didn't even reply or anything.
And he goes, I just bought another grand.
And he's been doing that and just texting me.
I just bought another grand.
I just bought another grand every time since it's been 100K.
And he's sitting on a good stack now.
So like, and that's, and he works as a trauma nurse, you know, he does well.
But even he is like, dude, like this shit sucks. So like, and that's, and he works as a trauma nurse, you know, he does well, but even he
is like, dude, like this shit sucks.
It's overtime.
It's all these things.
Like you just can't get out of it.
And I was like, I understand brother, like welcome to the new world.
And now he's addicted to Bitcoin and people in his family own Bitcoin, people in my family
own a few Bitcoin.
Like, so, you know, it's, it's kind of cool to see that world slowly start to expand as
the other's greater social sphere starts to accept it as well.
Very quick, very quick story on my side, how I got to get every day free coffee.
So the coffee shop in my neighborhood, I get coffee every day.
The owner at some point, we started, you know, speaking more about different stuff.
He said, hey, man, what do you do for a living?
Initially, I don't like to tell people I'm in crypto.
Sometimes I'm embarrassed of the industry overall.
But at some point, I told him.
And he said, hey, I'm watching some dudes on YouTube,
and they are promoting some courses.
I want to buy into those courses and start trading.
I said, no, don't do any of that stuff.
Just buy Bitcoin.
At that time, Bitcoin was 35K.
And he started buying Bitcoin every week.
He was putting like $200 at best, $500.
He only bought Bitcoin for the last two years.
Of course, I'm getting free coffee every day now.
Hell yeah.
Hell yeah. Good stuff.
Tam, has this been a five-hour show? How long has it been
already? Guys, like, and it's
climbing, man. Like, you know, you guys are
not giving up. I, you know, I
am kind of, like, surprised
24 hours. So we're not so we're not we're not
stopping here folks yeah like for me you know i'm just chilling guys like i i woke up at 6 a.m
i had my matcha i had my beautiful breakfast and i'm just like chilling listening talking
working at the same time you know
same time you know you see there is no closure yann didn't rock once now that he rocked i feel
like the show is back to normal thank you tuxedo thank you it's your first day on the job what do
you think they did we looked at your office yet you do you want us to like sage it to get the
bad spirits out you know the check the czech spirit you know he's from check check republic
out the Czech
spirit. He's from Czech Republic.
We're
trying out a new co-host to the space.
kept talking like he was the
reason the show was getting lots of viewers.
Cynthia, we were at 6.30
when Cynthia joined.
We were at 6.30 when Cynthia joined. Let's see
what we can get the space up to. This is
tryouts for the third co-host spot.
Cynthia, if you perform well with the numbers here and we go up from 630,
this would be a great potential indicator that maybe we need to reconsider the situation.
Another thing I wanted to say before, and I forgot.
Leo, since you decided to reveal yourself to the public at some point next year
and you will be completely
doxxed and you also like hiking,
I would like to invite you to
Greece and go hiking on the
mountain of Olympus.
What do you say?
I mean, that sounds cool.
I'm not going to lie. That does sound
fun. Guys, I think Jan's actually mad
he left. I think he's pissed. I got to go check. Guys, I think Jan's actually mad he left.
I think he's pissed.
I got to go check the Discord.
I got to get out of my love sack.
Man, you got to go hard. Y'all probably messaged me angry.
Let me check.
Let me see what Jan said.
Yo, Tuxedo, I looked at your bio about a couple hours ago
because this face is going on for 75 hours already.
No, I'm kidding.
But what's the Istanbul thing that you have in your Twitter thing?
I'm interested because I'm, you know, whatever.
And you said you might be Greek, but I hope we can be friends.
But yeah, what is that?
What is the Istanbul thing?
Yeah, I am Greek, but I have many Turkish friends.
But I have many Turkish friends and I used to work for a number of years with
Castrum Istanbul which is probably the biggest web3 VC in Turkey actually in 2024 I did token
analysis and revenue analysis for almost 70% of all new projects in the industry with them. Fuck yeah, dude.
Friends for Life. Follow?
Okay, cool. Are you Turkish?
I was born in America, but
my parents are... I'm 100% Turkish.
Cynthia, don't be afraid to use that mute button.
Don't be afraid to use that mute button, Cynthia.
It's sitting right there.
You can moderate however you want.
Hey, Leo, that means you want to mute us.
That's not... Ah, see? Cuts like a Leo, that means you want to mute us. That's not – aww.
See?
Cuts like a knife, bro.
Cuts like a knife.
Should we get businessman up here?
Trevor, Cynthia.
Yes.
Leo, you literally removed me, man.
I'm not sure if we can be friends anymore, man.
We're giving – I said we're going to give Cynthia a tryout as co-host of the Ordinal show.
So we're going to give like a little tryout, 10, 15 minutes here, see how Cynthia does.
Cynthia, the show is yours.
What's the first order of business tonight?
Oh, my goodness.
Well, you have me for the next six and a half minutes because at that time, the mystery show is starting.
Oh, the mystery show.
That would be a great time for us to end.
Yeah, yeah, yeah.
Wait, wait.
Cynthia, Cynthia, yes, we, wait. Cynthia, Cynthia.
Yes, we should get Businessman up here.
If it's only last for five more minutes, it's fine.
Leo, remember we all in this space, this is like last year, we asked what happened to
what was the guy that sounded like Elon?
What's his name?
Adrian Dittman.
Adrian.
And then we all decided to go to his space and we both got called up and we're like
he was like no shilling crypto no shilling we don't talk you know whatever he sounds like i
can't do elon yeah i haven't worked on that it doesn't matter point is we should all just
fucking flood mr e's face just at least for for at least for 10 minutes let's do it other people
let's do it just fucking just crush it we all did the whole space guys stay for the minutes. Let's do it. Just fucking crush it.
Stay the whole space, guys.
Stay for the whole thing. It's going to be an absolute
banger, of course, with everyone there.
Guys, this is actually shocking.
Yanis is DMing me saying,
hey, Tuxedo, let's
create our own show. Fuck these guys.
We will call it the Better Ordinal show.
I don't know how to respond.
I don't know how to respond. I don't know how to respond.
That last part was great.
Tell him to kick rocks, bro.
Tell him, dude, do more leg day, bro.
Work on your legs.
Oh, my goodness.
So I finally came up to speaker panel after I don't know how many years it's been.
But I literally always chicken out.
So thanks for letting me come up here.
And it's pretty cool to actually go up on the speaker panel.
I got to say, I am a little shy, but, you know, it's cool.
Welcome up. a little shy but you know it's cool welcome welcome up you've joined the first ordinal show ever without jan is the ghost so it's a very special show today monumental it's the start of a new era i think see i didn't even
know you sounded like that i've been talking to you for like, you know through dams I I you sounded like Cynthia because I can't my phone's like I don't know
I just received a message from mr. Ian. He said that
He considers this a betrayal Cynthia that you would basically want to team up with Leo and Trevor instead and so
I'm sorry guys. We just had a speaker speaking out of turn. If you need to talk, you need to raise your hand and request to speak.
Yeah, clip that shit.
Okay, so Seed, tell us what the situation is. How's it going?
Well, you know, I've obviously been listening to this show for quite some time, and I've always just been like oh you know and then just
chicken out every single time but yeah i love the show i i love what you're doing with bitcoin
obviously and yeah dog to a dollar
who's your favorite co-host of the show if you had to pick your favorite co-host
oh um well oh that's so rough because you're all really cool i mean i would go with cynthia
that's a good choice that's the wise choice i think that's a good choice oh my goodness thank
you so much cede i appreciate you you're the best and I'm so glad that you decided to join the speaker's panel. Welcome.
I know. It's so crazy. Here I am. Yeah. So I know you guys were talking about the summit,
which I get, I'm assuming is going to be in Vegas again this year or did it, did I already?
Hong Kong, Hong Kong. Oh, well, I guess what happened a couple months ago.
Yeah, I feel like I had just missed it maybe by a few months, but I was waiting for my passport. And now that's here. So I'm kind of excited to go check out some more conferences.
I got to go down to Miami for Art Basel and I was at the um the event I can't remember what it was
called now just one of that there was the it was just the yeah yeah many events but they're they're
all kind of uh mushed together in my memory yeah the the speakers during that one part. Why can't I remember what it was called now?
Oh, my God.
Anyway.
What seed was it a bit?
I remember they had an Ordnance Basil,
but I remember I left the Rug Radio breakfast in an Uber,
in, like, one of the comfort Ubers, like, the nicer ones,
and it got T-boned on the way to Magic Eden's house.
Wait, are you serious?
I swear to God, I literally,
dude, I literally posted on X first thing.
I didn't even text anybody.
I was like, yo, this shit's going right on Twitter.
So I posted it and Uber support literally messaged me
and was like, hey, are you okay?
The whole deal.
I was like, yeah, I'm good.
And there was like six crackheads having a fire
just like laughing and watching.
And I was like, okay, called a new Uber and went to Magic Eaton. The traffic was insane trying to
get to that house. And yeah, it was like a whole thing where you couldn't really drive onto the
island and whatnot. I don't know. I was like stuck in traffic for like a good hour at one point.
I don't know. I was stuck in traffic for a good hour at one point.
And I think I gave up at some point.
I was like, you know what?
I never made it out to the mansion.
So I did hear...
Those Ubers were expensive too.
I made the biggest mistake of just flying solo.
Because we didn't really know.
In our group, otherwise it would have had Naver and Slutty and Nightcom.
But we didn't really know how heavy the crypto crowd would be there so i was like fuck it i live five hours
away i'm gonna drive like um the ubers were like 90 to go a mile and you would sit in the car for
an hour and a half and like i was alone so i was just getting fucked by uber just like repeatedly
fucked with no lube by uber like i couldn't even do anything about it yeah yeah luckily i had a rental while i was there but even with like a car it was impossible
to go from a to b so i just kind of stayed put i also made the mistake so i drove my car there
and then i had to pay 60 a night um it is just about to hit midnight. I'm sorry to interrupt you.
I do have to go because I am scheduled to start the mystery zone in just any second now.
And I'm sorry.
You know what?
This has been an absolute insane banger of a space, Leo.
I mean, five and a half hours is how long this has been going on.
It's because of me, guys.
Because of you, Tuxedo.
Or is it because of Jan?
Guys, it was a team effort tonight.
It was a team effort.
Lots of people involved.
But an absolute wonderful space.
The best time ever
with the absolute best co-hosts
you could imagine.
Alongside Mr. E, of course.
Because I would never, ever forget him or
be disloyal to him. But, you know, I've had the best time here, as I always do. Amazing conversations,
the best people. And I appreciate each and every one of you. This is the best audience. Look at
the crowd. Just seas and hordes of the best of the best. Just legends everywhere around me.
And I appreciate all of you.
And I hope you guys do come swing by the Mystery Zone.
Give Leonidas a bit of a break here.
And let him rest.
But we will be over in the Mystery Zone right now.
So everyone's welcome to come.
Whenever Leonidas lets class go, that is.
But, you know.
I love how Smithia just commanded the stage
there and just completely shut down Sleepless
whenever she wanted like that.
That's a good co-host right there.
We gotta work on that, Yon.
I think she's hired. She's hired.
That was right when I was
at the craps tables and I had no idea
what was going on. I was actually calling a baccarat for like three hours and eventually the guy, his name was Dennis, I was at the craps tables and I had no idea what was going on.
I was actually calling a baccarat for like three hours.
And eventually the guy, his name was Dennis, who was running the table.
He goes, brother, this is dice.
And she would come up and be like, sleepless.
Nice to see you again.
I think it's time to call it.
In a haze of your drunken glory or whatever you were on, you remembered the fucking dealer's name at the wrong table that you were on. Bro, because it was
the only night I left positive.
It was the only night, and I had no idea
what was going on. Okay, guys, I'm sorry to
mute you. Love you all. Much love.
I'll see you guys in the Mystery Zone. Let
Leonidas Rast. Leonidas, you better get your
ass over there as well. And
we'll see you guys on Monday morning as well
at 10.30 a.m. Eastern Time for the next
Ordinal Show. But until then, you'll see us every single night at midnight Eastern Standard Time in the Mystery Zone.
Every single night, today, tomorrow, Saturday, Sunday, all the nights.
All right.
Love you guys.
And keep your bags pumping.
Dog go to the moon.
Mint your Bitcoin cyborgs.
Grab some of my art.
Support the people you like and love.
Because that's who you need to support.
Support the people you want to see succeed.
Can't wait to see you all at Bitcoin Summit in asia with yon oh my god i love you guys
okay awesome we're gonna bring yon back to coast for like five minutes here then we're gonna all
head over to the mystery zone once it gets started we're gonna pin it above and we can start
filtering and making our way over there guys but uh yon i think you deserve i think we were a little
harsh on you there and i actually think you were doing I think we were a little harsh on you there.
And I actually think you were doing really good.
We had a great show today.
And Jan had a lot to share in the conversation, a lot to add.
And we enjoyed Jan as a co-host.
So I think maybe Jan can keep his job.
I think we all can agree Jan was a good co-host this evening.
Of course, Jan left the space now. I don't know
what. Maybe Jan's going to
go be co-host on their space.
Sam, one time you're giving him
his flowers and then he leaves. I'm actually
kind of glad he didn't hear that. I'm already regretting that I said
that. This is unbelievable,
man. You betrayed him. You threw
him like a dog. By the way, dog
go to the moon. And then you brought up
a co- host that started
chilling another show while while yan was on the you know streets like a dog and he was
watching the whole thing it's crazy man the mystery zone is the official uh sibling show
to the ordinal show so i've been to the mystery zone more than more times
um okay so let me let me find this space real quick i don't think they started okay here they
go they did start it all right mystery zone all right all right we're gonna go raid this space
in a minute guys for anybody who wants to um keep hanging out we're gonna shut down this space in a minute guys for anybody who wants to keep hanging out we're going to shut down this
space in a moment
I think that's about a wrap
Trevor
it's been a long space man
do we have any final thoughts for people before
we head out here
not much I mean
it's incredible I think there's
definitely some strong vibes
coming back to the scene.
So everybody has a great rest of their week.
And, yeah, we'll see you guys next week.
Awesome.
Join the space tank.
It's above.
Join the mystery zone.
It's posted above.
We're heading over there.
Sucker, love this heaven sent you, pucker up our passion spent My heart's tarts, your body's rent, my body's broken, yours is spent
Carve your name into my arm, Instead of stressed I lie near charms
Because there's nothing else to do
Every me and every him
Sucker love a box I choose
No other box I choose to use
Another love I would abuse
No circumstances could excuse
In the shape of things to come
Too much poison come undone
Cause there's nothing else to do
Every me and every you
Alright, I'll see you guys over on the Mystery Zone
Pinned to Bob, I'll for a flight to folks of the states Guys, I'll see you guys over on the Mystery Zone. 10 to Bob, I also reply to folks of the space.
Guys, I'll see y'all over there.
Everybody have a great weekend.
We will see y'all on Monday back in the World War II show as well, guys.
Peace.
Peace.
Peace.
Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace. Peace.
Peace.
