NFT Speculation ⁉️ FUD & ALT COINs Where To Put Your Money 💰 In Web3

They thought Kylie Jenner and shit was going to be at none of those people even went all the celebrities just dropped out and they basically ended up in like a disaster situation.

1:38:50 - 1:38:52

So like then it's scary.

1:38:52 - 1:38:52

Oh,

1:38:52 - 1:38:54

the first night people are like,

1:38:54 - 1:38:55

oh shit,

1:38:55 - 1:38:56

there's no electricity.

1:38:56 - 1:38:59

There's just fucking FEMA tents and it turned into like anarchy.

1:38:59 - 1:39:01

And yeah,

1:39:01 - 1:39:09

they're still trying to pay back the debt to all the Bahamas workers because they got thousands of people down there to do all this work to set it up.

1:39:09 - 1:39:10

And of course,

1:39:10 - 1:39:10

you know,

1:39:11 - 1:39:17

those are the people that probably got the most screwed out of the whole thing who probably spent months of their lives working and then didn't get paid.

1:39:17 - 1:39:18

So anyway,

1:39:18 - 1:39:20

this guy's a mega scammer.

1:39:20 - 1:39:22

You can watch the Netflix about it.

1:39:22 - 1:39:26

And the takeaway is that it wasn't just an accident.

1:39:26 - 1:39:38

He's a big freaking liar who just did a bunch of false promises and he had like 10 different chances to back out of it before he could have avoided sending people into a disaster situation.

1:39:38 - 1:39:39

So anyway,

1:39:40 - 1:39:42

this guy is now apparently back with his new,

1:39:43 - 1:39:44

he's doing it again apparently.

1:39:46 - 1:39:47

He went to jail already.

1:39:47 - 1:39:48

He already went to jail.

1:39:48 - 1:39:52

I remember seeing that on the news.

1:39:52 - 1:39:53

It was on the news.

1:39:54 - 1:39:54

Not only,

1:39:55 - 1:39:56

especially the credit card bit.

1:39:58 - 1:40:02

I made a Netflix documentary about this shit because it was so fucking,

1:40:03 - 1:40:07

it was like one of the biggest party rugs that there ever been.

1:40:07 - 1:40:12

And not only did they thought that they were going to have hotel luxury suites,

1:40:12 - 1:40:16

they're eating fucking crackers and cheese like fucking Lunchables back when you're in grade three.

1:40:16 - 1:40:18

So God damn it.

1:40:18 - 1:40:20

They hit them hard though.

1:40:20 - 1:40:24

But here's the thing is like history always repeats itself.

1:40:24 - 1:40:26

Everybody bleeds blood.

1:40:26 - 1:40:27

Everybody has greed.

1:40:27 - 1:40:30

Every single person in this room has some sort of,

1:40:30 - 1:40:31

you know,

1:40:31 - 1:40:32

greed in their body.

1:40:32 - 1:40:33

And unfortunately,

1:40:33 - 1:40:33

you know,

1:40:34 - 1:40:35

we just burn in the community.

1:40:35 - 1:40:36

Unfortunately,

1:40:36 - 1:40:37

we're just putting people down.

1:40:37 - 1:40:37

Unfortunately,

1:40:38 - 1:40:42

we're taking their hard earned liquidity and exchanging no value.

1:40:42 - 1:40:42

And to me,

1:40:42 - 1:40:43

that's a broken business.

1:40:43 - 1:40:44

That's a failing business.

1:40:44 - 1:40:45

You know,

1:40:45 - 1:40:47

if Walmart was selling empty boxes,

1:40:47 - 1:40:48

believe me,

1:40:48 - 1:40:51

the government would be cracking down on their skulls.

1:40:51 - 1:40:52

But here as a community,

1:40:53 - 1:40:57

I think social justice is really the only thing that we can,

1:40:57 - 1:40:58

you know,

1:40:58 - 1:40:58

do.

1:40:58 - 1:40:58

There's,

1:40:58 - 1:41:02

there's not a lot of legislation really tackling some of these rug pullers.

1:41:02 - 1:41:02

You know,

1:41:02 - 1:41:04

she just made 150,000.

1:41:04 - 1:41:08

How long will it take for her to actually be caught,

1:41:08 - 1:41:09

you know,

1:41:09 - 1:41:10

brought to justice,

1:41:10 - 1:41:12

maybe even brought to trial.

1:41:12 - 1:41:12

Like,

1:41:12 - 1:41:13

you know,

1:41:13 - 1:41:15

there's a lot of evidence that needs to add up to these,

1:41:15 - 1:41:18

to these cases for a jurisdiction to actually,

1:41:18 - 1:41:18

you know,

1:41:18 - 1:41:21

give out some time or it's just not an easy thing.

1:41:21 - 1:41:22

And I think that,

1:41:22 - 1:41:22

you know,

1:41:22 - 1:41:24

being social here is going to help that.

1:41:24 - 1:41:25

I have a question though.

1:41:25 - 1:41:26

Like,

1:41:26 - 1:41:26

what are,

1:41:26 - 1:41:30

what are we doing as a community to make sure that like cold markets outside of

1:41:30 - 1:41:36

our community are understanding what's happening in our market,

1:41:36 - 1:41:40

like with NFT speculation going on as well as like the documentaries like that

1:41:40 - 1:41:41

dropping on Netflix.

1:41:41 - 1:41:46

And we have all these spaces where us as content creators and collectors and

1:41:46 - 1:41:48

just traders alike are in this community,

1:41:49 - 1:41:49

in this space.

1:41:50 - 1:41:55

And I feel as though there's so many people that don't really know exactly how

1:41:55 - 1:41:58

the process of buying an NFT works and stuff.

1:41:58 - 1:41:58

And like,

1:41:58 - 1:41:59

I would say,

1:41:59 - 1:42:01

what are we doing as the people who are actively a part of the community to

1:42:01 - 1:42:04

make sure that this information is mutable to the everyday person,

1:42:04 - 1:42:07

like decentralization is the future.

1:42:07 - 1:42:08

It's like right now,

1:42:08 - 1:42:11

like look at the fed and what's going on with the fed and like the U S dollar

1:42:11 - 1:42:15

and how they're trying to force everybody onto that fed now crap.

1:42:15 - 1:42:19

Like no countries want to deal with the United States with gold anymore.

1:42:19 - 1:42:22

So now they're trying to like force people onto the government's cryptocurrency

1:42:22 - 1:42:23

and stuff like that.

1:42:23 - 1:42:24

But,

1:42:24 - 1:42:28

and this is why I say like NFT speculation is happening because no,

1:42:28 - 1:42:31

not many people know about decentralized development,

1:42:31 - 1:42:32

like,

1:42:32 - 1:42:34

like smart applications and the use of smart,

1:42:34 - 1:42:40

contracts and how we can actually utilize these brand new inventions and

1:42:40 - 1:42:45

brand new techniques to actually make our community as everyday individuals

1:42:45 - 1:42:46

thrive,

1:42:46 - 1:42:49

owning 100% of our data rather than like shelling it out to these big ass

1:42:49 - 1:42:51

corporate American companies.

1:42:51 - 1:42:52

I don't think,

1:42:52 - 1:42:54

I don't think many people care to be honest.

1:42:54 - 1:42:57

I would say about 95% of the people really don't care.

1:42:57 - 1:43:01

They see something like Pepe and they think about getting rich quick,

1:43:01 - 1:43:02

getting in like that,

1:43:03 - 1:43:03

even gambling.

1:43:04 - 1:43:07

But what you're talking about is a hundred percent accurate.

1:43:07 - 1:43:12

I just don't think people have the attention span or really care to really be

1:43:12 - 1:43:12

invested in,

1:43:12 - 1:43:14

in what you're talking about and learning.

1:43:15 - 1:43:16

And it's kind of the,

1:43:16 - 1:43:17

the cold,

1:43:17 - 1:43:19

hard truth from my perspective.

1:43:20 - 1:43:21

So let me,

1:43:21 - 1:43:22

let me,

1:43:22 - 1:43:23

let me say something real quick.

1:43:23 - 1:43:27

Let me say something to that onboarding thing of the people have already been

1:43:27 - 1:43:28

onboarded just with a credit card in general.

1:43:29 - 1:43:32

And that's how they will be on board onboarded because it's just digital in

1:43:32 - 1:43:32

itself.

1:43:32 - 1:43:33

So that's,

1:43:33 - 1:43:35

that's for the people like us.

1:43:35 - 1:43:35

Sure.

1:43:35 - 1:43:39

You may have been onboarded in a sense of learning crypto and things like that.

1:43:40 - 1:43:43

Normies or things like society will not be an onboarded like that.

1:43:44 - 1:43:45

Maybe they're already onboarded.

1:43:45 - 1:43:46

It will be with their debit card.

1:43:46 - 1:43:48

It's simplicity that form,

1:43:49 - 1:43:49

just like that.

1:43:50 - 1:43:50

If you want to,

1:43:50 - 1:43:51

how do you,

1:43:51 - 1:43:52

how do you,

1:43:52 - 1:43:54

how do they understand the difference between,

1:43:54 - 1:43:55

um,

1:43:55 - 1:43:56

that's the point.

1:43:57 - 1:43:57

They have a credit card.

1:43:58 - 1:43:59

They don't need to understand how it works.

1:44:00 - 1:44:01

That is true.

1:44:01 - 1:44:02

Yeah.

1:44:02 - 1:44:04

When I heard him raise the question,

1:44:04 - 1:44:04

I,

1:44:04 - 1:44:06

I took it as he was asking,

1:44:06 - 1:44:06

like,

1:44:06 - 1:44:08

cause we're talking about speculation and FUD and all of this stuff.

1:44:08 - 1:44:11

So what happens when you onboard a bunch of new people and they fall

1:44:11 - 1:44:14

susceptible to the same scams we've already seen?

1:44:14 - 1:44:15

Um,

1:44:15 - 1:44:17

and how is that going to keep those folks who,

1:44:18 - 1:44:18

who,

1:44:18 - 1:44:19

who come from web to,

1:44:19 - 1:44:20

or from other spaces?

1:44:20 - 1:44:21

Right there.

1:44:21 - 1:44:22

It's like those people,

1:44:22 - 1:44:25

they're not even here to begin with because they're not here now.

1:44:25 - 1:44:27

So that's how that is.

1:44:28 - 1:44:28

Well,

1:44:28 - 1:44:28

I say,

1:44:28 - 1:44:30

I say these people actually are here.

1:44:30 - 1:44:31

Like just,

1:44:31 - 1:44:31

just like for me,

1:44:31 - 1:44:32

I joined,

1:44:32 - 1:44:33

I follow you guys though.

1:44:33 - 1:44:33

I,

1:44:33 - 1:44:34

I,

1:44:34 - 1:44:34

um,

1:44:34 - 1:44:35

I know you guys talk a lot,

1:44:36 - 1:44:36

always on spaces,

1:44:36 - 1:44:37

but,

1:44:37 - 1:44:37

um,

1:44:37 - 1:44:39

at first before I knew it,

1:44:39 - 1:44:40

did not know anything about you guys.

1:44:40 - 1:44:44

I just saw your space and I saw your title.

1:44:44 - 1:44:45

You caught my attention.

1:44:45 - 1:44:46

I wanted to know what was going on.

1:44:46 - 1:44:47

And like,

1:44:47 - 1:44:47

I may have,

1:44:48 - 1:44:49

I may be a little biased.

1:44:49 - 1:44:49

Yes.

1:44:49 - 1:44:53

I have my own preconceived knowledge about the industry and the markets,

1:44:53 - 1:44:55

but I remember when I first started,

1:44:55 - 1:44:57

did not know anything about the market back in 2012.

1:44:58 - 1:44:58

And,

1:44:58 - 1:44:58

um,

1:44:59 - 1:45:01

I was just learning just like how you,

1:45:01 - 1:45:01

from,

1:45:01 - 1:45:03

from people like you guys having these conversations.

1:45:03 - 1:45:07

And I'd say that what I find in our community,

1:45:07 - 1:45:14

there is not a specific platform or any specific group that is actually like group of it.

1:45:14 - 1:45:16

Like as we are right now on this space,

1:45:16 - 1:45:16

we're a small group,

1:45:16 - 1:45:17

just like how you said it,

1:45:17 - 1:45:18

they're not here.

1:45:18 - 1:45:22

There is no official like platform or like a group of content creators,

1:45:22 - 1:45:24

like all of ourselves together,

1:45:24 - 1:45:29

like having a place where we can generate or direct traffic from like specifically the cold market,

1:45:30 - 1:45:33

cold market being the people that do not know anything about NFTs,

1:45:33 - 1:45:34

anything about cryptocurrency,

1:45:34 - 1:45:39

anything about decentralization finance or smart contracts or smart applications.

1:45:39 - 1:45:41

And or just web three period.

1:45:41 - 1:45:44

I feel like we are presenting like we,

1:45:44 - 1:45:51

it's our responsibility to present a platform where people can actually understand what we're talking about.

1:45:51 - 1:45:54

We know what we're talking about in terminology because we've been in the community,

1:45:54 - 1:45:55

but for a person that's not in the community,

1:45:55 - 1:45:58

how do you make our information mutable to them?

1:45:58 - 1:46:00

I think that person needs to invest in themselves.

1:46:00 - 1:46:01

I cannot hold any,

1:46:02 - 1:46:04

every individual's hands to go by beats by Dre,

1:46:04 - 1:46:06

even if they're phony or fake,

1:46:06 - 1:46:06

you know,

1:46:06 - 1:46:08

or Jordans or anything like that.

1:46:08 - 1:46:12

An individual has to invest in themselves and what they want to,

1:46:12 - 1:46:14

if they're going to buy it or get into this,

1:46:14 - 1:46:15

uh,

1:46:15 - 1:46:15

our realm,

1:46:16 - 1:46:18

they need to learn for themselves.

1:46:18 - 1:46:20

That's how I see that.

1:46:20 - 1:46:22

But that's not how fiat money works.

1:46:22 - 1:46:25

When they introduced fiat money to large groups of people,

1:46:25 - 1:46:27

there was an explanation.

1:46:27 - 1:46:28

The same thing with credit cards.

1:46:28 - 1:46:30

When credit cards were introduced to Americans,

1:46:30 - 1:46:36

there was a paper delivered to the gut from the government of explaining how a credit card and how the credit system works.

1:46:36 - 1:46:38

And I thought we don't have that amongst,

1:46:38 - 1:46:39

our community.

1:46:39 - 1:46:40

Um,

1:46:40 - 1:46:44

so like we have coin days and not by judgment in yourself and,

1:46:45 - 1:46:45

uh,

1:46:45 - 1:46:48

and your common sense and things in life and experience.

1:46:48 - 1:46:48

Well,

1:46:48 - 1:46:49

I think experience is what,

1:46:50 - 1:46:51

what are the most important things in life.

1:46:51 - 1:46:53

So I think experience is just what gets you anywhere in life.

1:46:53 - 1:46:54

So,

1:46:54 - 1:46:54

yeah,

1:46:55 - 1:46:55

that is,

1:46:56 - 1:46:56

that,

1:46:56 - 1:46:56

that is true.

1:46:56 - 1:46:58

But I think that most of the people,

1:46:58 - 1:46:58

um,

1:46:58 - 1:46:59

have a problem with,

1:46:59 - 1:47:00

um,

1:47:00 - 1:47:01

I say technological innovation,

1:47:01 - 1:47:02

um,

1:47:02 - 1:47:03

specifically like,

1:47:03 - 1:47:03

you know,

1:47:03 - 1:47:03

immigrants,

1:47:04 - 1:47:04

um,

1:47:04 - 1:47:05

third world countries,

1:47:05 - 1:47:06

second world nations,

1:47:06 - 1:47:09

America is behind the curve when it comes to technology innovation.

1:47:10 - 1:47:10

Dumb crazy.

1:47:10 - 1:47:11

I've been overseas.

1:47:11 - 1:47:12

I've been to,

1:47:12 - 1:47:13

um,

1:47:13 - 1:47:13

Europe.

1:47:14 - 1:47:22

I've been to New Zealand and these countries actually have decentralized smart applications integrated into their everyday society.

1:47:22 - 1:47:25

Like metaphor and stuff is actually being used and stuff.

1:47:25 - 1:47:27

Our country's not even doing that.

1:47:28 - 1:47:29

I understand that.

1:47:29 - 1:47:29

And I,

1:47:29 - 1:47:29

you know,

1:47:29 - 1:47:32

I would not believe anything or anything that I see on the television,

1:47:32 - 1:47:35

which is what I feel like that comes from.

1:47:35 - 1:47:35

Uh,

1:47:35 - 1:47:36

I would believe in yourself.

1:47:37 - 1:47:39

Nothing is better than believing in yourself and,

1:47:39 - 1:47:39

uh,

1:47:39 - 1:47:42

you can't save the world just do by you and your family and who you love.

1:47:42 - 1:47:43

And,

1:47:43 - 1:47:43

uh,

1:47:43 - 1:47:44

let's go.

1:47:45 - 1:47:46

That is true.

1:47:46 - 1:47:48

But I still see that that's the reason why we have the problem.

1:47:50 - 1:47:51

No,

1:47:51 - 1:47:53

everyone's talking about what we're talking about,

1:47:53 - 1:47:55

but no one wants to even coin base,

1:47:55 - 1:47:56

like the most prominent,

1:47:56 - 1:47:58

like Meta mask,

1:47:58 - 1:47:59

all these wallets that hold these things.

1:48:00 - 1:48:02

There aren't like actual decisive.

1:48:02 - 1:48:04

I would say in from an informative videos,

1:48:04 - 1:48:05

you kind of,

1:48:05 - 1:48:05

kind of got,

1:48:05 - 1:48:06

you got to piece all this to you.

1:48:07 - 1:48:07

Okay.

1:48:07 - 1:48:07

Here's the thing.

1:48:08 - 1:48:08

Listen up,

1:48:08 - 1:48:09

big Papa.

1:48:09 - 1:48:09

Listen up.

1:48:10 - 1:48:11

Sorry to interrupt,

1:48:11 - 1:48:13

but I got to do it.

1:48:15 - 1:48:16

Yeah.

1:48:16 - 1:48:16

Yeah.

1:48:16 - 1:48:16

Word up.

1:48:17 - 1:48:17

What's up?

1:48:20 - 1:48:20

No one.

1:48:20 - 1:48:21

Accountable.

1:48:22 - 1:48:22

No.

1:48:29 - 1:48:30

You're rugging doodle.

1:48:30 - 1:48:31

You're rugging.

1:48:32 - 1:48:32

Yeah.

1:48:33 - 1:48:33

I can't.

1:48:33 - 1:48:34

I can.

1:48:34 - 1:48:35

I can.

1:48:35 - 1:48:35

I can't hear.

1:48:35 - 1:48:36

So meals.

1:48:40 - 1:48:40

Yeah.

1:48:40 - 1:48:41

He's rugging.

1:48:41 - 1:48:41

I think.

1:48:43 - 1:48:44

Yeah.

1:48:44 - 1:48:45

I think it's lagging a little bit.

1:48:46 - 1:48:47

But what are you?

1:48:47 - 1:48:48

I heard him say,

1:48:48 - 1:48:49

I heard him say,

1:48:49 - 1:48:50

no one wants to be accountable.

1:48:51 - 1:48:52

I think he's trying to say,

1:48:52 - 1:48:57

no one wants to take responsibility for what other people do with their wallets.

1:48:58 - 1:48:59

No,

1:48:59 - 1:49:01

I'm not talking about what other people do with their wallets.

1:49:01 - 1:49:04

I'm talking about the very platforms that promote the wallets.

1:49:04 - 1:49:05

There,

1:49:05 - 1:49:05

there are,

1:49:06 - 1:49:06

there aren't,

1:49:06 - 1:49:12

there isn't enough informative information for a regular everyday person that's brand new to it.

1:49:12 - 1:49:13

If I were to open MetaMask right now,

1:49:14 - 1:49:16

want to make a MetaMask wallet,

1:49:16 - 1:49:18

it's going to give me,

1:49:19 - 1:49:19

if I,

1:49:19 - 1:49:22

the website will show me an explanation of what a wallet is.

1:49:22 - 1:49:25

And it will explain like what the markets are.

1:49:25 - 1:49:29

But when it comes to actually utilizing it in every day,

1:49:29 - 1:49:34

there's tons and tons of different content on YouTube to the internet that people don't even,

1:49:34 - 1:49:34

like you got a piece of,

1:49:34 - 1:49:35

you got to,

1:49:35 - 1:49:35

like he said,

1:49:35 - 1:49:37

you got to put in the work yourself.

1:49:37 - 1:49:38

You got to want to know it.

1:49:38 - 1:49:40

And I feel like that is the,

1:49:40 - 1:49:43

that's not how advertisement works in business period.

1:49:43 - 1:49:45

Even if it's decentralized,

1:49:45 - 1:49:46

it's still business.

1:49:46 - 1:49:47

This is still Congress.

1:49:47 - 1:49:48

And you got to know,

1:49:49 - 1:49:54

you got to know how to make information mutable to your cold markets.

1:49:54 - 1:49:58

The cold markets are the markets that don't know shit about what you were doing.

1:49:58 - 1:49:58

Gio,

1:49:58 - 1:49:59

can you hear me?

1:50:00 - 1:50:01

Yeah,

1:50:01 - 1:50:01

I can hear you.

1:50:01 - 1:50:02

All right.

1:50:02 - 1:50:02

All right.

1:50:02 - 1:50:02

I'm back.

1:50:02 - 1:50:03

I'm back.

1:50:03 - 1:50:03

My,

1:50:03 - 1:50:06

my bad fucking Twitter's rugging like a motherfucker today.

1:50:06 - 1:50:07

Uh,

1:50:07 - 1:50:07

Gio,

1:50:07 - 1:50:08

let me ask you this.

1:50:08 - 1:50:08

Do you have a girlfriend?

1:50:10 - 1:50:11

I do have a lady friend.

1:50:11 - 1:50:14

Have you had a girlfriend before this lady friend?

1:50:15 - 1:50:16

I hope she's not listening.

1:50:16 - 1:50:16

God bless her.

1:50:16 - 1:50:17

So she's going to hate.

1:50:17 - 1:50:17

No,

1:50:17 - 1:50:19

she's not technically my girlfriend right now.

1:50:20 - 1:50:22

We just like trying to see if I've had a girlfriend officially.

1:50:22 - 1:50:23

Yes.

1:50:23 - 1:50:23

Before this lady friend.

1:50:24 - 1:50:27

Have you ever been misled or,

1:50:27 - 1:50:28

you know,

1:50:28 - 1:50:30

had high hopes about a lady friend and,

1:50:30 - 1:50:31

you know,

1:50:31 - 1:50:32

things just didn't work out?

1:50:34 - 1:50:34

Of course.

1:50:34 - 1:50:37

That's what was it more so a financial investment?

1:50:37 - 1:50:39

Or more so emotional investment?

1:50:40 - 1:50:42

I'd say it was a combination of both,

1:50:43 - 1:50:44

but more so emotional than financial.

1:50:45 - 1:50:46

All right.

1:50:46 - 1:50:47

I love you because you're an honest man,

1:50:47 - 1:50:47

my brother.

1:50:48 - 1:50:48

So listen,

1:50:49 - 1:50:51

we all get emotionally invested into things,

1:50:52 - 1:50:53

whether they be vehicles,

1:50:53 - 1:50:54

whether they be houses,

1:50:54 - 1:50:55

whether they be schools,

1:50:56 - 1:50:57

whether they be moments,

1:50:57 - 1:50:58

whether they be parties,

1:50:58 - 1:50:59

whether they be drugs,

1:50:59 - 1:51:00

whether they be people,

1:51:01 - 1:51:03

whether it be influencers here on Twitter.

1:51:03 - 1:51:06

And I think sometimes we hang out in the space.

1:51:06 - 1:51:12

We maybe like a certain influencer and we like a certain project.

1:51:12 - 1:51:12

You know,

1:51:12 - 1:51:14

it resonates with us for some reason,

1:51:14 - 1:51:16

maybe it's a nostalgic reason.

1:51:16 - 1:51:20

And it takes us back to a time where we were comfortable.

1:51:20 - 1:51:21

It was happy.

1:51:21 - 1:51:22

It was in a joyful moment for us.

1:51:22 - 1:51:26

So we have some optimism for that project,

1:51:26 - 1:51:27

for that coin,

1:51:27 - 1:51:28

whatever it may be.

1:51:28 - 1:51:31

Taking it back to the original topic of conversation,

1:51:31 - 1:51:33

there was a coin yesterday called Jugs.

1:51:33 - 1:51:36

They rugged out for 72 Ethereum.

1:51:36 - 1:51:40

72 Ethereum roughly is about 150,000 US.

1:51:40 - 1:51:42

This lady came back to the space.

1:51:42 - 1:51:44

This Twitter host had the balls,

1:51:45 - 1:51:46

had the guts.

1:51:46 - 1:51:50

She had the call to come back to the space and just,

1:51:51 - 1:51:51

oh,

1:51:51 - 1:51:52

just pretend like it was just like,

1:51:52 - 1:51:59

pretend like it was like a walk in the park.

1:52:00 - 1:52:01

He's in Uganda.

1:52:01 - 1:52:01

I mean,

1:52:01 - 1:52:02

no,

1:52:02 - 1:52:03

now he's in legal Nigeria.

1:52:05 - 1:52:07

Everywhere and anywhere was,

1:52:08 - 1:52:09

wasn't their money.

1:52:09 - 1:52:09

So they,

1:52:09 - 1:52:10

they dipped off with the money.

1:52:11 - 1:52:13

We've seen projects like the knock amigos.

1:52:14 - 1:52:14

I'm not butting them.

1:52:15 - 1:52:15

I'm just,

1:52:15 - 1:52:21

I'm just saying there are investment.

1:52:23 - 1:52:24

Project.

1:52:24 - 1:52:24

They have community.

1:52:25 - 1:52:27

A little bit.

1:52:27 - 1:52:28

So taking it back,

1:52:29 - 1:52:31

do we get sometimes emotionally invested into people,

1:52:32 - 1:52:34

coins and projects are,

1:52:34 - 1:52:35

of course we do.

1:52:35 - 1:52:41

Do we get invested emotionally into people specifically?

1:52:41 - 1:52:45

That is,

1:52:45 - 1:52:45

we,

1:52:45 - 1:52:45

we,

1:52:45 - 1:52:45

we,

1:52:45 - 1:52:46

we do.

1:52:47 - 1:52:49

Maybe put in the space in front of others.

1:52:50 - 1:52:51

Investors.

1:52:51 - 1:52:52

And it's not just the investment.

1:52:52 - 1:52:52

It's,

1:52:53 - 1:52:54

what do you feel like?

1:52:54 - 1:52:54

Like,

1:52:55 - 1:52:55

but my thing,

1:52:55 - 1:52:56

my thing is,

1:52:56 - 1:53:00

my overall sentiment to the topic of this conversation,

1:53:00 - 1:53:01

the topic of the space though,

1:53:01 - 1:53:02

is,

1:53:02 - 1:53:03

we all are agreeing.

1:53:04 - 1:53:06

There's nobody disagreeing in this conversation.

1:53:06 - 1:53:07

We all are on the same page.

1:53:07 - 1:53:08

Now I,

1:53:08 - 1:53:10

I present the question to the group.

1:53:10 - 1:53:16

What do we do as a community to make sure that like we,

1:53:17 - 1:53:17

like I said,

1:53:17 - 1:53:18

you just went over.

1:53:19 - 1:53:22

Like the answer is we do the same things we always do.

1:53:22 - 1:53:22

We,

1:53:22 - 1:53:25

we bring more people from web to,

1:53:25 - 1:53:27

and we help them set up wallets.

1:53:27 - 1:53:28

We help them find great communities.

1:53:28 - 1:53:30

We help them get into great spaces.

1:53:30 - 1:53:35

We bring them to IRL events like doodle genics and web stock and watch

1:53:35 - 1:53:35

they'll perform.

1:53:36 - 1:53:36

We,

1:53:36 - 1:53:38

we do the things we do every day.

1:53:38 - 1:53:39

We don't do anything different.

1:53:39 - 1:53:40

We just got to amplify that.

1:53:40 - 1:53:41

Hey,

1:53:41 - 1:53:41

listen,

1:53:41 - 1:53:44

there's not just good things happening here in the community.

1:53:44 - 1:53:46

There's also some shoddy investments.

1:53:46 - 1:53:47

That is true.

1:53:47 - 1:53:48

But I'm saying like,

1:53:48 - 1:53:52

in terms of like how we have like web con and stuff like that,

1:53:52 - 1:53:53

I'm saying like,

1:53:53 - 1:53:53

do we,

1:53:53 - 1:53:55

do we utilize web three,

1:53:55 - 1:53:57

how the internet is used?

1:53:57 - 1:53:58

And like,

1:53:58 - 1:53:59

I'm talking about in terms of the social,

1:53:59 - 1:54:03

is there a social media like a prominent one you guys are aware of that's on

1:54:03 - 1:54:08

web three opposed to the internet that can like help support like the whole

1:54:08 - 1:54:15

like decentralization and like promotion of like in real life conventions and

1:54:15 - 1:54:15

stuff like that.

1:54:15 - 1:54:18

I feel like the problem with it is it's a,

1:54:18 - 1:54:18

it's a muted,

1:54:18 - 1:54:20

it's a mutability conversation problem.

1:54:21 - 1:54:23

It's like you have the internet and then you have the web.

1:54:23 - 1:54:25

The web is not the internet.

1:54:25 - 1:54:26

The web is what you,

1:54:26 - 1:54:28

is what we are all using for decentralization.

1:54:29 - 1:54:30

The internet,

1:54:30 - 1:54:32

we are trying to figure out how to communicate the web to the internet.

1:54:32 - 1:54:34

The internet is just for applications,

1:54:34 - 1:54:37

smart contracts and smart applications do not belong on the internet.

1:54:38 - 1:54:38

They are,

1:54:38 - 1:54:40

they are torrents on the web.

1:54:40 - 1:54:43

And I think that we should have like social media,

1:54:43 - 1:54:46

freaking smart applications,

1:54:46 - 1:54:46

like,

1:54:46 - 1:54:49

like something similar to Facebook or something similar to like Twitter,

1:54:49 - 1:54:52

like on like MetaMask or like on Coinbase.

1:54:52 - 1:54:53

Coinbase.

1:54:53 - 1:54:53

Like,

1:54:53 - 1:54:54

you know what I'm saying?

1:54:54 - 1:54:54

Like,

1:54:54 - 1:54:54

are we,

1:54:55 - 1:54:55

are these,

1:54:55 - 1:54:56

are there,

1:54:56 - 1:54:59

are these concepts or projects that you guys are aware of that are being

1:54:59 - 1:55:00

worked on or,

1:55:00 - 1:55:05

or do you guys know anybody that like would do things like that?

1:55:05 - 1:55:06

Cause I think like these things would help.

1:55:07 - 1:55:07

Um,

1:55:08 - 1:55:12

I don't think Instagram and all these places are good for promoting like Twitter

1:55:12 - 1:55:14

and all these places because they don't,

1:55:14 - 1:55:16

they don't operate on the very thing that we are talking about.

1:55:17 - 1:55:18

Unless,

1:55:18 - 1:55:22

unless the developers and the owners of these applications wanted to convert and

1:55:22 - 1:55:22

switch,

1:55:22 - 1:55:26

which I don't see freaking happening anytime soon because they're,

1:55:26 - 1:55:26

they're,

1:55:26 - 1:55:27

they're,

1:55:27 - 1:55:29

they're a fiat money brand business.

1:55:29 - 1:55:34

How much information do you think you own of yourself that you have put out

1:55:34 - 1:55:35

there?

1:55:35 - 1:55:36

Um,

1:55:36 - 1:55:36

right now,

1:55:36 - 1:55:38

as it stands on the intranet,

1:55:38 - 1:55:39

um,

1:55:39 - 1:55:39

shit,

1:55:40 - 1:55:44

not like I say 2% of it because the rest of it is all owned by,

1:55:44 - 1:55:44

you know,

1:55:45 - 1:55:45

shell companies.

1:55:46 - 1:55:46

That 12%,

1:55:46 - 1:55:48

what do you consider that 12%?

1:55:48 - 1:55:48

What do you think?

1:55:48 - 1:55:49

I say,

1:55:49 - 1:55:50

I say,

1:55:50 - 1:55:51

I say 2%.

1:55:51 - 1:55:51

2%.

1:55:51 - 1:55:52

So that 2%,

1:55:52 - 1:55:53

what do you think that's considered?

1:55:54 - 1:55:58

My 2% would be just my digital mechanical royalties,

1:55:58 - 1:55:58

like in,

1:55:58 - 1:55:59

in,

1:55:59 - 1:55:59

um,

1:55:59 - 1:56:00

everything that I only publish,

1:56:00 - 1:56:04

but the fact that it's the fact that it gets put on to your webpage,

1:56:04 - 1:56:06

it's not my webpage.

1:56:06 - 1:56:08

I have my own domain,

1:56:08 - 1:56:09

but even my domain,

1:56:09 - 1:56:11

I have to shell off to Google suite.

1:56:11 - 1:56:12

You see what I'm saying?

1:56:12 - 1:56:12

Absolutely.

1:56:12 - 1:56:13

Oh,

1:56:13 - 1:56:14

I absolutely know.

1:56:14 - 1:56:14

Um,

1:56:15 - 1:56:16

you know what web three is.

1:56:17 - 1:56:18

I'm sorry,

1:56:18 - 1:56:18

sir.

1:56:19 - 1:56:21

You know what web three is.

1:56:22 - 1:56:22

Yes,

1:56:22 - 1:56:24

I do know what web three is.

1:56:24 - 1:56:24

I know the difference.

1:56:24 - 1:56:25

In one sentence,

1:56:25 - 1:56:27

please give me the definition.

1:56:28 - 1:56:30

Complete 100% ownership of your data.

1:56:31 - 1:56:32

There you go.

1:56:32 - 1:56:33

That's web three.

1:56:34 - 1:56:34

Yes.

1:56:35 - 1:56:36

So where are you at on that?

1:56:36 - 1:56:40

So where I'm at on that right now is again,

1:56:40 - 1:56:48

I don't see us being able to promote the very thing that we were talking about on applications that don't let us control our data,

1:56:48 - 1:56:49

because the information that we're talking about,

1:56:49 - 1:56:51

I feel is being funneled,

1:56:51 - 1:56:54

not toward the communities and people that we're trying to reach.

1:56:54 - 1:57:03

So do you think it would be better to focus more on yourself and pushing forward than asking?

1:57:03 - 1:57:04

I mean,

1:57:04 - 1:57:04

just,

1:57:04 - 1:57:04

um,

1:57:04 - 1:57:07

it seems like you're arguing with yourself and a lot of other things.

1:57:07 - 1:57:09

And that's just my opinion on that.

1:57:09 - 1:57:09

No,

1:57:09 - 1:57:10

I can see what you're saying.

1:57:10 - 1:57:11

You're right.

1:57:11 - 1:57:12

I actually understand what you're saying.

1:57:12 - 1:57:12

Uh,

1:57:12 - 1:57:15

you mean well,

1:57:15 - 1:57:16

and you want to do well.

1:57:16 - 1:57:16

And it's just like,

1:57:16 - 1:57:17

um,

1:57:17 - 1:57:18

you're getting caught up in,

1:57:18 - 1:57:18

in a web.

1:57:19 - 1:57:19

Okay.

1:57:19 - 1:57:20

You know what I'm saying?

1:57:20 - 1:57:20

Yeah.

1:57:20 - 1:57:21

Fuck that word.

1:57:21 - 1:57:23

I get what you're saying though.

1:57:23 - 1:57:23

Yeah.

1:57:23 - 1:57:24

I see what you're saying though,

1:57:24 - 1:57:25

because yeah,

1:57:25 - 1:57:26

I'm posing,

1:57:26 - 1:57:28

I'm posing a problem that already has a solution.

1:57:28 - 1:57:29

That's what you're saying.

1:57:29 - 1:57:32

We got to be linear with these things because here's the thing.

1:57:32 - 1:57:33

As we,

1:57:33 - 1:57:34

you know,

1:57:34 - 1:57:39

sit here and talk about it and speculate more of them just come to the market.

1:57:39 - 1:57:42

So it's just keeping the awareness up,

1:57:42 - 1:57:45

educating people on how to reach smart contracts,

1:57:45 - 1:57:46

where liquidity is actually going,

1:57:47 - 1:57:49

seeing what real value is,

1:57:49 - 1:57:51

just understanding what you're investing is,

1:57:51 - 1:57:52

is so,

1:57:52 - 1:57:54

is so important here in web three,

1:57:54 - 1:57:54

but Julie,

1:57:55 - 1:57:55

I love your perspective,

1:57:56 - 1:57:56

brother.

1:57:56 - 1:57:58

I want to go to another speaker right now.

1:57:58 - 1:58:00

I'm going to toss the mic to a time Lord.

1:58:00 - 1:58:02

See what he has to say about this topic.

1:58:02 - 1:58:02

I appreciate you,

1:58:03 - 1:58:03

brother.

1:58:08 - 1:58:08

Doodle,

1:58:08 - 1:58:08

doodle,

1:58:08 - 1:58:09

doodle.

1:58:09 - 1:58:10

This is a great conversation.

1:58:10 - 1:58:11

You guys got going today.

1:58:12 - 1:58:12

Uh,

1:58:12 - 1:58:16

I just thinking about the conversation just had and even onboarding new people.

1:58:16 - 1:58:16

Like,

1:58:16 - 1:58:17

uh,

1:58:17 - 1:58:17

we,

1:58:17 - 1:58:21

we think that even the people we onboard and bring into are going to be just

1:58:21 - 1:58:21

nice,

1:58:21 - 1:58:22

benevolent folks.

1:58:22 - 1:58:24

And honestly,

1:58:24 - 1:58:26

there are a lot more scammy,

1:58:26 - 1:58:29

scammy folks in web two than there are in web three that will come over into

1:58:29 - 1:58:30

web three,

1:58:30 - 1:58:30

um,

1:58:30 - 1:58:35

with a lot more sophisticated schemes than even the ones we've seen now.

1:58:35 - 1:58:40

And so even like thinking about like how to avoid these types of traps,

1:58:40 - 1:58:42

I think needs,

1:58:42 - 1:58:45

we need to have more deep dive sessions into,

1:58:45 - 1:58:46

um,

1:58:46 - 1:58:50

cause the greed,

1:58:50 - 1:58:52

the greed in web three is always going to get the best of folks.

1:58:52 - 1:58:54

A lot of folks coming to web three to make,

1:58:55 - 1:58:55

make a quick buck.

1:58:56 - 1:58:57

Um,

1:58:57 - 1:58:58

and they're trying to get rich quick.

1:58:58 - 1:58:59

And,

1:58:59 - 1:59:02

and that's the same stuff that gets people in trouble in like IRL.

1:59:02 - 1:59:02

Like,

1:59:02 - 1:59:04

like it's,

1:59:04 - 1:59:05

if it's too good to be true,

1:59:05 - 1:59:06

it probably is.

1:59:06 - 1:59:09

And folks in web three fall for that a lot.

1:59:09 - 1:59:11

And they don't even realize even with like a lot of these,

1:59:12 - 1:59:12

these,

1:59:12 - 1:59:14

these mean coins or shit coins or whatever you call it.

1:59:14 - 1:59:15

Like it's a,

1:59:15 - 1:59:16

it's a zero sum game.

1:59:16 - 1:59:18

And so if you don't get in really early,

1:59:18 - 1:59:20

like in order for somebody to win,

1:59:20 - 1:59:21

somebody has to lose.

1:59:22 - 1:59:25

And a lot of new people go into it and they put money into it.

1:59:25 - 1:59:25

They don't realize.

1:59:26 - 1:59:26

Yep.

1:59:27 - 1:59:28

And so it's like,

1:59:28 - 1:59:31

they don't really understand the game and they go into it.

1:59:31 - 1:59:32

And a lot of newbies go into it.

1:59:32 - 1:59:37

And even folks that are vets go into it and they may FOMO late and you're going

1:59:37 - 1:59:39

to lose because someone else is going to win.

1:59:39 - 1:59:40

And we see the,

1:59:40 - 1:59:40

the,

1:59:40 - 1:59:40

the,

1:59:40 - 1:59:41

the,

1:59:41 - 1:59:42

the post from folks who are winning big,

1:59:42 - 1:59:45

but you don't see the post from folks who are losing.

1:59:45 - 1:59:47

And people are losing for,

1:59:47 - 1:59:50

for somebody to go from a hundred bucks to a 5,000 bucks.

1:59:50 - 1:59:55

Like somebody else had to go like put in five grand and probably lost some.

1:59:56 - 1:59:56

And now they're at three.

1:59:56 - 1:59:57

Like,

1:59:57 - 1:59:59

and so it,

1:59:59 - 1:59:59

it,

1:59:59 - 1:59:59

it,

1:59:59 - 2:00:00

we,

2:00:00 - 2:00:01

but we don't look at it both ways.

2:00:01 - 2:00:02

And so that's,

2:00:02 - 2:00:03

that's something we really have to look at.

2:00:05 - 2:00:06

So what do we do?

2:00:07 - 2:00:08

It's so here's the thing.

2:00:08 - 2:00:10

Like there's so like,

2:00:10 - 2:00:10

cause,

2:00:10 - 2:00:10

cause,

2:00:10 - 2:00:12

cause the stock market goes through this too,

2:00:12 - 2:00:12

right?

2:00:13 - 2:00:14

There's a lot of things that,

2:00:14 - 2:00:15

that,

2:00:15 - 2:00:17

that we do in the,

2:00:17 - 2:00:19

in the centralized world that are good,

2:00:19 - 2:00:19

that,

2:00:20 - 2:00:20

that,

2:00:20 - 2:00:23

that kind of gets demonized.

2:00:23 - 2:00:24

And so folks in,

2:00:24 - 2:00:26

and we have to figure out what they want.

2:00:26 - 2:00:26

Like,

2:00:26 - 2:00:30

do you want things totally decentralized and everyone can kind of do what they

2:00:30 - 2:00:30

want?

2:00:30 - 2:00:32

And it's kind of every man for themselves.

2:00:33 - 2:00:34

And you're going to always have situations like this,

2:00:34 - 2:00:36

or like,

2:00:36 - 2:00:36

do we like,

2:00:36 - 2:00:37

it's,

2:00:37 - 2:00:41

it's going to be hard to have it 100% one way or a hundred percent another way.

2:00:41 - 2:00:44

It's going to have to be some type of like mixed mold type of thing.

2:00:44 - 2:00:46

For it to really work.

2:00:47 - 2:00:47

No,

2:00:48 - 2:00:49

no,

2:00:49 - 2:00:49

no,

2:00:49 - 2:00:50

no.

2:00:50 - 2:00:51

We want decentralization.

2:00:52 - 2:00:55

We are all here today because we've decided we,

2:00:55 - 2:00:55

you know,

2:00:55 - 2:00:56

we're not going.

2:00:56 - 2:00:57

It's so,

2:00:57 - 2:00:57

but you,

2:00:57 - 2:00:57

you,

2:00:57 - 2:01:00

you have money from all over the world being followed.

2:01:00 - 2:01:00

I don't have money.

2:01:00 - 2:01:02

People think I have followers because I have money.

2:01:03 - 2:01:03

Like,

2:01:03 - 2:01:03

well,

2:01:03 - 2:01:04

that's not a quarter.

2:01:04 - 2:01:04

No,

2:01:04 - 2:01:04

no,

2:01:04 - 2:01:04

no,

2:01:04 - 2:01:04

no,

2:01:04 - 2:01:04

no.

2:01:05 - 2:01:06

I'm saying,

2:01:06 - 2:01:09

but you have money being moved around all over the world.

2:01:09 - 2:01:11

My NFT collection is worth more than my,

2:01:11 - 2:01:11

uh,

2:01:11 - 2:01:12

oh wait,

2:01:12 - 2:01:12

uh,

2:01:13 - 2:01:15

E90 pieces should be in W.

2:01:15 - 2:01:15

God damn it.

2:01:15 - 2:01:16

I swear on my life.

2:01:17 - 2:01:17

No,

2:01:17 - 2:01:18

I get it.

2:01:18 - 2:01:18

I get it.

2:01:18 - 2:01:20

The youth is probably half the cost.

2:01:20 - 2:01:21

Jesus.

2:01:21 - 2:01:22

I get it.

2:01:22 - 2:01:23

So here's the thing.

2:01:23 - 2:01:24

If folks can still do what the,

2:01:24 - 2:01:25

uh,

2:01:25 - 2:01:27

So we are trading the speculative market.

2:01:27 - 2:01:30

It's like trading like a certain class of cards,

2:01:30 - 2:01:32

like trading American muscle,

2:01:32 - 2:01:33

you know,

2:01:33 - 2:01:35

between the seventies and the eighties.

2:01:35 - 2:01:36

Like NFTs is such a,

2:01:36 - 2:01:37

a small market.

2:01:37 - 2:01:43

And I think people still fail to realize it because many people still haven't

2:01:43 - 2:01:44

adopted it.

2:01:44 - 2:01:48

Many people still haven't saw value behind,

2:01:48 - 2:01:48

uh,

2:01:48 - 2:01:49

JPEG or a PNG.

2:01:50 - 2:01:50

If,

2:01:50 - 2:01:53

if I try to convince my grandparents or my fucking pops,

2:01:53 - 2:01:54

Hey pops,

2:01:54 - 2:01:54

listen,

2:01:54 - 2:01:55

this is a,

2:01:55 - 2:01:57

a hundred thousand dollar board aid.

2:01:57 - 2:01:58

He's going to be like,

2:01:58 - 2:01:59

what the fuck does that mean?

2:01:59 - 2:02:00

He's like,

2:02:00 - 2:02:03

this picture here is worth a hundred thousand dollars.

2:02:03 - 2:02:03

He's like,

2:02:03 - 2:02:05

I can print that and put this on my wall.

2:02:06 - 2:02:08

Why is that not worth a hundred thousand dollars?

2:02:08 - 2:02:08

I'm like,

2:02:08 - 2:02:08

ah,

2:02:08 - 2:02:10

it doesn't work like that.

2:02:10 - 2:02:11

It's validation of tokens.

2:02:11 - 2:02:11

You know,

2:02:11 - 2:02:13

it's the blockchain doesn't lie bullshit.

2:02:13 - 2:02:14

And he's like,

2:02:14 - 2:02:15

well,

2:02:15 - 2:02:15

who gives a fuck?

2:02:15 - 2:02:17

Who really gives a fuck?

2:02:17 - 2:02:17

And I said,

2:02:17 - 2:02:17

well,

2:02:17 - 2:02:19

collectors give a fuck.

2:02:19 - 2:02:22

It's like you fabricating a card to make it look like another card.

2:02:24 - 2:02:25

Doesn't make sense,

2:02:25 - 2:02:25

you know,

2:02:25 - 2:02:27

but like what,

2:02:27 - 2:02:28

what really is it?

2:02:28 - 2:02:30

Is it speculative at that point?

2:02:30 - 2:02:33

Is the value real of that fucking board ape?

2:02:33 - 2:02:35

That it's a hundred grand or,

2:02:35 - 2:02:38

or that the coin could potentially reach,

2:02:38 - 2:02:38

you know,

2:02:38 - 2:02:39

a billion market cap,

2:02:40 - 2:02:40

you know,

2:02:40 - 2:02:41

what is it time?

2:02:41 - 2:02:42

Like,

2:02:42 - 2:02:43

are we just,

2:02:43 - 2:02:44

are we just losing our minds?

2:02:44 - 2:02:46

Are we all just betting on things now?

2:02:46 - 2:02:48

Like the world is just betting on the,

2:02:48 - 2:02:48

the,

2:02:48 - 2:02:50

the price of corn,

2:02:50 - 2:02:50

a bushel.

2:02:51 - 2:02:52

They're betting on gold.

2:02:52 - 2:02:53

They're betting on fucking,

2:02:53 - 2:02:54

uh,

2:02:54 - 2:02:56

Elon Musk going to Mars and toodle.

2:02:56 - 2:02:57

What are we doing here?

2:02:57 - 2:02:59

So before you go time,

2:03:00 - 2:03:00

doodle,

2:03:00 - 2:03:00

are you,

2:03:00 - 2:03:02

are you emoting and talking?

2:03:03 - 2:03:04

I'm a Don.

2:03:04 - 2:03:09

I got the highest rate on super spaces for emojis and talking at the same time.

2:03:09 - 2:03:12

This doodle bear is absolutely on this rocker,

2:03:12 - 2:03:12

baby.

2:03:13 - 2:03:13

But,

2:03:13 - 2:03:13

uh,

2:03:13 - 2:03:15

let's go back to time and then we'll go to you.

2:03:15 - 2:03:16

So it,

2:03:16 - 2:03:17

it depends what you're,

2:03:17 - 2:03:18

what you're trying to do with that board.

2:03:18 - 2:03:19

If,

2:03:19 - 2:03:19

if,

2:03:19 - 2:03:21

if you're just using it to flip and make money,

2:03:21 - 2:03:22

then you,

2:03:22 - 2:03:23

you may value it different.

2:03:23 - 2:03:26

There's someone trying to get into that community and,

2:03:26 - 2:03:27

and,

2:03:27 - 2:03:27

and,

2:03:27 - 2:03:29

and use that community for,

2:03:29 - 2:03:29

for,

2:03:29 - 2:03:30

for a certain thing.

2:03:30 - 2:03:31

And so it,

2:03:31 - 2:03:31

web three is,

2:03:31 - 2:03:33

is different in a way where you,

2:03:33 - 2:03:35

you have things being merged together.

2:03:35 - 2:03:38

You got DGEN flippers and then you got folks looking for a community.

2:03:38 - 2:03:40

And then even in the NFT,

2:03:40 - 2:03:43

you have some people looking for like art and they value the art.

2:03:43 - 2:03:45

Some people looking to flip the art,

2:03:45 - 2:03:48

some people wanting to be connected to the artists and to the community

2:03:48 - 2:03:50

that they offer and some of the things that they offer.

2:03:50 - 2:03:51

And so it,

2:03:51 - 2:03:51

it,

2:03:51 - 2:03:52

it,

2:03:52 - 2:03:54

and all that is lumped into one thing.

2:03:55 - 2:03:55

Um,

2:03:56 - 2:03:56

and,

2:03:56 - 2:03:56

and we,

2:03:56 - 2:03:57

I think we,

2:03:57 - 2:03:59

we haven't found a way to kind of separate,

2:03:59 - 2:03:59

uh,

2:03:59 - 2:04:00

those things.

2:04:00 - 2:04:01

So like,

2:04:01 - 2:04:01

so,

2:04:01 - 2:04:02

so it's,

2:04:02 - 2:04:04

it's the whole thing that we have with like blur.

2:04:04 - 2:04:05

Some people love blur.

2:04:05 - 2:04:07

Some people really hate blur.

2:04:07 - 2:04:08

And so,

2:04:08 - 2:04:09

and all that it brings.

2:04:09 - 2:04:09

And it,

2:04:09 - 2:04:10

and it's just because.

2:04:10 - 2:04:10

Who are you?

2:04:11 - 2:04:11

Who are you?

2:04:11 - 2:04:13

Are you someone that loves it or hates it?

2:04:13 - 2:04:13

So it,

2:04:13 - 2:04:15

so it,

2:04:15 - 2:04:15

it,

2:04:15 - 2:04:15

it,

2:04:15 - 2:04:17

it depends what day you talk to me on.

2:04:17 - 2:04:18

So if,

2:04:18 - 2:04:19

if,

2:04:19 - 2:04:19

if,

2:04:19 - 2:04:19

if,

2:04:19 - 2:04:20

if,

2:04:20 - 2:04:20

if I were to find.

2:04:20 - 2:04:22

If he's trying to get his bag right,

2:04:22 - 2:04:24

he fucking is blur farming like a farmer,

2:04:24 - 2:04:25

an engagement farmer.

2:04:26 - 2:04:26

I fucking love it.

2:04:26 - 2:04:27

Exactly.

2:04:27 - 2:04:28

Exactly.

2:04:28 - 2:04:28

So if,

2:04:28 - 2:04:28

if,

2:04:28 - 2:04:28

if,

2:04:28 - 2:04:31

if I would have found about out about Pepe and it's very,

2:04:32 - 2:04:32

very early days,

2:04:33 - 2:04:33

I would have,

2:04:33 - 2:04:34

I would have ate.

2:04:34 - 2:04:34

Oh,

2:04:34 - 2:04:34

what?

2:04:34 - 2:04:35

Okay.

2:04:35 - 2:04:35

So here's the thing.

2:04:35 - 2:04:36

Looking at it now,

2:04:37 - 2:04:37

I'm,

2:04:37 - 2:04:39

I'm very cautious and I'm like,

2:04:39 - 2:04:39

I don't know.

2:04:39 - 2:04:40

Cause I know for like,

2:04:41 - 2:04:46

like there's a lot of folks already in it and they're going to be looking to exit at some point.

2:04:46 - 2:04:47

How much some people are,

2:04:47 - 2:04:48

how much.

2:04:49 - 2:04:50

So I don't have any.

2:04:51 - 2:04:51

Okay.

2:04:51 - 2:04:52

So hold up.

2:04:52 - 2:04:52

Hold up.

2:04:52 - 2:04:53

Wait a second.

2:04:54 - 2:04:55

So you're talking about Pepe,

2:04:55 - 2:04:55

right?

2:04:56 - 2:04:57

Everyone's talking about Pepe.

2:04:58 - 2:05:01

If you invested a thousand dollars and that,

2:05:01 - 2:05:03

that gave you $10,000,

2:05:03 - 2:05:05

what would that $10,000 do for you?

2:05:07 - 2:05:08

So I,

2:05:08 - 2:05:09

so I can give you a real life example.

2:05:10 - 2:05:10

So I,

2:05:10 - 2:05:11

like if you're a business,

2:05:11 - 2:05:12

you make gold,

2:05:12 - 2:05:13

you don't just,

2:05:13 - 2:05:13

you don't say,

2:05:13 - 2:05:14

Hey,

2:05:14 - 2:05:15

I'm just going to speculate.

2:05:15 - 2:05:15

No,

2:05:15 - 2:05:15

no,

2:05:15 - 2:05:15

no,

2:05:15 - 2:05:15

no,

2:05:15 - 2:05:15

no.

2:05:15 - 2:05:16

I can come in and trade.

2:05:16 - 2:05:18

I can give you a real life example.

2:05:19 - 2:05:19

So I,

2:05:20 - 2:05:20

so I,

2:05:20 - 2:05:28

I bought like Doge coin for like 180,000 of them for like 800 bucks when it was like,

2:05:28 - 2:05:29

had a couple of zeros in front of it.

2:05:30 - 2:05:31

Right.

2:05:31 - 2:05:33

And I sold when it was like 10 cents.

2:05:34 - 2:05:34

Um,

2:05:34 - 2:05:36

and so like,

2:05:36 - 2:05:36

I,

2:05:36 - 2:05:38

I made a lot for,

2:05:38 - 2:05:39

for really,

2:05:39 - 2:05:40

you know,

2:05:41 - 2:05:41

not a,

2:05:41 - 2:05:42

not a huge investment.

2:05:42 - 2:05:44

What did it do for you though?

2:05:45 - 2:05:45

Well,

2:05:45 - 2:05:46

I make a,

2:05:46 - 2:05:47

so here's the thing.

2:05:47 - 2:05:47

What it,

2:05:48 - 2:05:49

it was a learning experience.

2:05:49 - 2:05:49

What did it do for you?

2:05:49 - 2:05:50

Cause here's the thing.

2:05:50 - 2:05:50

They're just financial.

2:05:51 - 2:05:51

You,

2:05:52 - 2:05:52

you cashed out,

2:05:52 - 2:05:53

you made some profit.

2:05:54 - 2:05:54

Congratulations.

2:05:55 - 2:05:55

Guys,

2:05:55 - 2:05:57

give them some round of applause.

2:05:57 - 2:05:59

Not everyone makes profit when they invest.

2:06:01 - 2:06:04

Not everyone does make profit when they invest.

2:06:04 - 2:06:05

That's a sad reality.

2:06:05 - 2:06:05

You know,

2:06:05 - 2:06:08

people just buy useless things that we'd like,

2:06:08 - 2:06:10

but he made some profit,

2:06:10 - 2:06:11

but what did it do for you?

2:06:11 - 2:06:12

That's the question.

2:06:12 - 2:06:14

So again,

2:06:14 - 2:06:16

it depends on what you're doing and your perspective.

2:06:16 - 2:06:17

Right.

2:06:17 - 2:06:17

And so I,

2:06:18 - 2:06:21

I'm a programmer and I work in tech and I make a pretty big salary.

2:06:21 - 2:06:21

And so,

2:06:21 - 2:06:22

you know,

2:06:22 - 2:06:24

certain like monies that are,

2:06:24 - 2:06:25

that are going to change other people's lives.

2:06:25 - 2:06:27

That doesn't really have a huge effect.

2:06:27 - 2:06:30

It'll take a large sum of money to really change my,

2:06:30 - 2:06:31

my day-to-day living.

2:06:31 - 2:06:32

But for someone,

2:06:32 - 2:06:33

someone else,

2:06:33 - 2:06:34

like it could like,

2:06:34 - 2:06:35

like you say,

2:06:35 - 2:06:36

like some people that are in Nigeria,

2:06:36 - 2:06:38

somewhere like if you profit 20,

2:06:38 - 2:06:39

30 G's,

2:06:39 - 2:06:41

like that could change your life there.

2:06:41 - 2:06:44

And so I understand pulling it out and doing what you need to do.

2:06:45 - 2:06:46

But each,

2:06:46 - 2:06:49

each person in web three is kind of looking for,

2:06:49 - 2:06:49

like,

2:06:49 - 2:06:52

it just depends at what point they are in their life and what they're really

2:06:52 - 2:06:53

looking for.

2:06:54 - 2:06:55

You got DGNs.

2:06:56 - 2:06:58

You have folks that just want community.

2:06:58 - 2:06:58

Me,

2:06:58 - 2:07:01

I'm more here for community at this point.

2:07:01 - 2:07:03

And so I enjoy coming into these spaces,

2:07:04 - 2:07:04

speaking with folks,

2:07:05 - 2:07:06

learning what folks are doing,

2:07:06 - 2:07:08

looking at new technologies and just the whole community of it.

2:07:09 - 2:07:10

What bad communities have you joined?

2:07:10 - 2:07:12

Ones that haven't been so successful.

2:07:13 - 2:07:16

Ones that you looked at your portfolio and you start just crying your doodle

2:07:16 - 2:07:17

heart out.

2:07:18 - 2:07:19

So you,

2:07:20 - 2:07:20

you,

2:07:20 - 2:07:21

you have a,

2:07:21 - 2:07:21

what,

2:07:21 - 2:07:21

what,

2:07:21 - 2:07:24

what some folks like to call like one night stand NFTs,

2:07:24 - 2:07:24

right?

2:07:24 - 2:07:26

And so you might have NFTs where you just supporting the artist.

2:07:27 - 2:07:28

You don't really expect anything from it.

2:07:28 - 2:07:30

And so I would say a lot of the NFTs,

2:07:31 - 2:07:33

NFTs I've bought have been that type of situation,

2:07:33 - 2:07:34

but I have bought some.

2:07:34 - 2:07:36

He hits it and quits it.

2:07:36 - 2:07:36

Oh,

2:07:37 - 2:07:41

there are some that I bought just for like the community.

2:07:41 - 2:07:41

Like,

2:07:41 - 2:07:42

like,

2:07:42 - 2:07:42

you know,

2:07:42 - 2:07:42

like,

2:07:43 - 2:07:44

like for example,

2:07:44 - 2:07:45

like what my PFP is now.

2:07:45 - 2:07:49

And so I bought those just to like get access to the people there.

2:07:49 - 2:07:51

I'm going to be honest with you.

2:07:51 - 2:07:52

That's fair.

2:07:52 - 2:07:54

Cause it is a social club.

2:07:54 - 2:07:56

It is a luxury to own an NFT,

2:07:57 - 2:08:00

especially a PFP that costs a couple of thousand.

2:08:01 - 2:08:01

Yes.

2:08:01 - 2:08:04

And if you want it to be really successful in web too,

2:08:04 - 2:08:05

you would kind of,

2:08:05 - 2:08:06

I know folks who do the same thing.

2:08:06 - 2:08:06

And like,

2:08:06 - 2:08:08

what are you doing with your IP?

2:08:08 - 2:08:08

Are you doing anything?

2:08:09 - 2:08:11

I haven't done anything yet,

2:08:11 - 2:08:14

but I have some things that I'm working on behind the scenes with like

2:08:14 - 2:08:15

merch and other things.

2:08:15 - 2:08:16

Come to the discord.

2:08:16 - 2:08:20

Let's talk to my men and we'll see if we can import that into a spatial or

2:08:20 - 2:08:20

something.

2:08:20 - 2:08:22

You can run around with that thing.

2:08:22 - 2:08:23

Most definitely.

2:08:23 - 2:08:23

Most definitely.

2:08:23 - 2:08:24

I have actually a four of them.

2:08:24 - 2:08:25

So.

2:08:25 - 2:08:27

Oh shit.

2:08:27 - 2:08:28

God damn it.

2:08:28 - 2:08:30

He just showed us his hand.

2:08:30 - 2:08:31

God damn it.

2:08:31 - 2:08:32

He just put doge.

2:08:33 - 2:08:34

Raise them.

2:08:34 - 2:08:35

Double raise them and push his ass.

2:08:35 - 2:08:37

But I have,

2:08:37 - 2:08:39

I have more doodle bears than I have of these.

2:08:39 - 2:08:40

And I expect,

2:08:40 - 2:08:40

I expect,

2:08:41 - 2:08:41

you know,

2:08:41 - 2:08:43

those to be just as valuable once,

2:08:43 - 2:08:43

once,

2:08:43 - 2:08:44

once we reveal those.

2:08:47 - 2:08:48

Good answer.

2:08:49 - 2:08:50

Now he's pumping my head.

2:08:50 - 2:08:50

But even,

2:08:51 - 2:08:51

even,

2:08:51 - 2:08:52

even with,

2:08:52 - 2:08:53

even with the doodle bears,

2:08:54 - 2:08:54

it's,

2:08:54 - 2:08:57

it's supporting your community and what you're offering.

2:08:57 - 2:08:58

And so really I'm,

2:08:58 - 2:08:59

I'm,

2:08:59 - 2:08:59

I'm,

2:08:59 - 2:09:00

I'm buying into doodle.

2:09:01 - 2:09:01

Right.

2:09:01 - 2:09:02

And the things he's doing,

2:09:02 - 2:09:03

cause I know he's going to show up every day.

2:09:03 - 2:09:05

He's going to provide spaces and platforms.

2:09:05 - 2:09:06

For,

2:09:06 - 2:09:10

for me to come on and speak other folks to come on and speak for us to see

2:09:10 - 2:09:11

more artists and,

2:09:11 - 2:09:11

and,

2:09:11 - 2:09:12

and,

2:09:12 - 2:09:14

and where there's a music artist or,

2:09:14 - 2:09:14

you know,

2:09:15 - 2:09:18

a real life canvas artist like Pika or just different folks.

2:09:18 - 2:09:20

I've met so many people through,

2:09:20 - 2:09:21

through your space.

2:09:21 - 2:09:21

It's like,

2:09:21 - 2:09:22

well,

2:09:22 - 2:09:22

that's,

2:09:22 - 2:09:22

you know,

2:09:22 - 2:09:24

that's a small marketing.

2:09:24 - 2:09:25

Cause that's a real community,

2:09:25 - 2:09:25

brother.

2:09:26 - 2:09:26

That's,

2:09:26 - 2:09:27

that's what,

2:09:27 - 2:09:27

you know,

2:09:27 - 2:09:30

being a part of something that's actually people,

2:09:30 - 2:09:35

people that are going to fucking show up on a daily basis and work

2:09:35 - 2:09:35

hard.

2:09:35 - 2:09:38

And you guys are those founders and project leaders.

2:09:38 - 2:09:39

So dude,

2:09:39 - 2:09:40

we believe in you guys,

2:09:40 - 2:09:40

you know,

2:09:40 - 2:09:42

that's why I show up on a daily basis.

2:09:42 - 2:09:44

I'm the first one to say,

2:09:44 - 2:09:44

I'm not perfect.

2:09:44 - 2:09:45

I don't know everything.

2:09:45 - 2:09:47

And you guys inspire me.

2:09:47 - 2:09:50

I learned a whole bunch here in the space and whether it's,

2:09:50 - 2:09:50

you know,

2:09:51 - 2:09:51

spaces like this,

2:09:52 - 2:09:53

that a little bit more devil advocate,

2:09:54 - 2:09:54

you know,

2:09:54 - 2:09:56

we're looking on both sides of the spectrum of,

2:09:56 - 2:09:57

you know,

2:09:57 - 2:09:59

investing into NFTs and crypto,

2:09:59 - 2:10:02

or we're just supporting one of one artists and speaking to some of the

2:10:02 - 2:10:05

top project founders here in the NFT and web three space.

2:10:05 - 2:10:06

So yeah,

2:10:06 - 2:10:09

it's awesome to be here with each and every one of you guys,

2:10:09 - 2:10:10

just to reset the room.

2:10:10 - 2:10:11

If you're tapping in right now,

2:10:11 - 2:10:13

it's NFT speculation.

2:10:13 - 2:10:18

There's been a lot of speculation in the market lately recently,

2:10:18 - 2:10:20

and there's been some jug coins.

2:10:20 - 2:10:21

I've been rugging down.

2:10:22 - 2:10:26

There's been some NFT projects that are slow rugging and,

2:10:26 - 2:10:27

Oh,

2:10:27 - 2:10:30

we want to find who's behind all of these things.

2:10:30 - 2:10:32

And don't blame your developer when shit goes sour.

2:10:33 - 2:10:33

All right.

2:10:33 - 2:10:36

You were the one pumping everyone's bag here in this space.

2:10:36 - 2:10:39

You were telling everyone why the project was so fucking juicy.

2:10:40 - 2:10:42

You were telling them why they were about to move.

2:10:43 - 2:10:43

Tony.

2:10:53 - 2:10:55

I think I'm really talking.

2:10:56 - 2:10:58

Now it sounds quiet to me too.

2:10:58 - 2:10:58

I can't hear anybody.

2:10:58 - 2:10:58

Hey,

2:10:59 - 2:10:59

Hey.

2:10:59 - 2:10:59

Anybody talking?

2:11:01 - 2:11:01

Let,

2:11:01 - 2:11:03

let lead us to the question.

2:11:03 - 2:11:03

Okay.

2:11:03 - 2:11:03

So,

2:11:03 - 2:11:04

so I can,

2:11:04 - 2:11:04

I can,

2:11:04 - 2:11:08

I can reply on what's on the topic that was like raised before.

2:11:08 - 2:11:14

So basically like for,

2:11:14 - 2:11:15

for me personally,

2:11:15 - 2:11:15

uh,

2:11:15 - 2:11:18

when it comes to the Web3 space and specifically the NFT,

2:11:19 - 2:11:20

can you like,

2:11:20 - 2:11:26

like the utility of the NFT that you hold for thousands of dollars is for the

2:11:26 - 2:11:26

community,

2:11:26 - 2:11:29

like 90% of the projects,

2:11:29 - 2:11:30

because like,

2:11:30 - 2:11:31

let's say,

2:11:31 - 2:11:31

uh,

2:11:31 - 2:11:32

if I,

2:11:32 - 2:11:32

if time Lord,

2:11:33 - 2:11:35

we can open this discussion with no harm,

2:11:35 - 2:11:36

with no feelings,

2:11:36 - 2:11:37

just the discussion.

2:11:37 - 2:11:37

I would love to.

2:11:38 - 2:11:39

So basically you,

2:11:39 - 2:11:41

you are a holder of a killed cold beast.

2:11:41 - 2:11:42

Yeah.

2:11:42 - 2:11:43

So tell me like,

2:11:43 - 2:11:49

what is the utility of your actual NFT other than the IP that you can use on

2:11:49 - 2:11:49

the side?

2:11:50 - 2:11:51

Like you told me that,

2:11:51 - 2:11:52

uh,

2:11:52 - 2:11:54

you are there because of the community,

2:11:54 - 2:12:00

but there is this project or other projects give you a big utility for what

2:12:00 - 2:12:01

you are paying,

2:12:01 - 2:12:02

like for a couple of dollars.

2:12:02 - 2:12:05

We are all here technically to make money,

2:12:05 - 2:12:06

to make some profit.

2:12:06 - 2:12:06

Yes.

2:12:06 - 2:12:07

You are here to support artists.

2:12:07 - 2:12:08

You are here to support,

2:12:08 - 2:12:09

uh,

2:12:09 - 2:12:09

musicians.

2:12:09 - 2:12:11

You are here to support projects that you believe in,

2:12:11 - 2:12:14

but technically we are here like to,

2:12:14 - 2:12:16

to make the return on our investment that we did.

2:12:16 - 2:12:21

So what is the utility that all of the projects are giving to us as

2:12:21 - 2:12:22

holders?

2:12:24 - 2:12:24

So hold up,

2:12:25 - 2:12:25

hold up.

2:12:25 - 2:12:26

I can,

2:12:26 - 2:12:27

I can answer it.

2:12:27 - 2:12:27

Hold up.

2:12:27 - 2:12:28

You're not,

2:12:28 - 2:12:30

you're not obligated to answer that,

2:12:30 - 2:12:31

but I can,

2:12:31 - 2:12:32

so I can answer.

2:12:32 - 2:12:33

So I think,

2:12:33 - 2:12:34

I think if you want to,

2:12:34 - 2:12:35

after I say something,

2:12:36 - 2:12:36

you.

2:12:38 - 2:12:38

Yeah.

2:12:38 - 2:12:38

And,

2:12:38 - 2:12:39

and time Lord,

2:12:39 - 2:12:40

I'm very,

2:12:40 - 2:12:41

very friendly.

2:12:41 - 2:12:41

Like I'm not attacking,

2:12:41 - 2:12:44

you or something just for the sake of discussion.

2:12:44 - 2:12:44

That's it.

2:12:45 - 2:12:45

No,

2:12:45 - 2:12:46

this is speculation.

2:12:46 - 2:12:48

This is great speculation.

2:12:48 - 2:12:48

No.

2:12:49 - 2:12:49

So here's the thing.

2:12:49 - 2:12:50

So I,

2:12:50 - 2:12:50

so any,

2:12:51 - 2:12:51

I,

2:12:51 - 2:12:53

and we probably have some business owners in the audience.

2:12:53 - 2:12:57

And so if you own a business or you do anything where even you're

2:12:57 - 2:12:57

trying to,

2:12:57 - 2:12:58

to,

2:12:58 - 2:12:58

to make money,

2:12:58 - 2:13:00

like you have different budgets.

2:13:00 - 2:13:02

You may even have a marketing budget.

2:13:02 - 2:13:02

Um,

2:13:02 - 2:13:05

if you have a street team and you're going to conferences,

2:13:05 - 2:13:07

I know the employee I work for,

2:13:07 - 2:13:11

they send us the conferences and we talk to people at scientific conferences and do

2:13:11 - 2:13:11

different things,

2:13:11 - 2:13:14

there's a whole networking aspect that,

2:13:15 - 2:13:19

that goes into even like building a successful business.

2:13:20 - 2:13:20

And so,

2:13:20 - 2:13:21

um,

2:13:21 - 2:13:22

I know what my kid called beast,

2:13:22 - 2:13:24

like in,

2:13:24 - 2:13:24

in their discord.

2:13:24 - 2:13:26

And even like in some of their beast channels,

2:13:26 - 2:13:27

um,

2:13:27 - 2:13:28

I've met so many folks,

2:13:29 - 2:13:29

um,

2:13:29 - 2:13:29

developers,

2:13:30 - 2:13:30

um,

2:13:30 - 2:13:31

whether they're web developers,

2:13:31 - 2:13:32

folks that do,

2:13:33 - 2:13:37

do social media marketing and just so many different talents that I can tap

2:13:37 - 2:13:37

into,

2:13:37 - 2:13:38

um,

2:13:38 - 2:13:40

that I wouldn't have necessarily had just,

2:13:41 - 2:13:44

just on Facebook or just general Twitter or,

2:13:44 - 2:13:45

and I could have gotten those,

2:13:45 - 2:13:49

but it would have taken a lot longer where they concentrated like different

2:13:49 - 2:13:50

talents and different,

2:13:50 - 2:13:51

um,

2:13:52 - 2:13:53

beast hoods as they,

2:13:53 - 2:13:53

I agree with you.

2:13:53 - 2:13:54

I agree.

2:13:54 - 2:13:55

So,

2:13:55 - 2:13:56

so basically networking is so important.

2:13:57 - 2:13:58

PR is so important in life as well,

2:13:59 - 2:13:59

the IP.

2:13:59 - 2:14:01

So another,

2:14:01 - 2:14:02

another like direct,

2:14:02 - 2:14:03

like staking for,

2:14:03 - 2:14:03

for example,

2:14:03 - 2:14:04

is not a utility.

2:14:04 - 2:14:05

We agree on it.

2:14:05 - 2:14:06

Yes.

2:14:06 - 2:14:07

Like for the product,

2:14:07 - 2:14:08

like,

2:14:08 - 2:14:08

like it's,

2:14:08 - 2:14:10

it's the bare minimum that the community,

2:14:10 - 2:14:13

like a project can give to its holder so they can make like extra money or

2:14:13 - 2:14:14

something.

2:14:14 - 2:14:19

So what's the utility of the projects that now they are cost like thousands of

2:14:19 - 2:14:21

dollars that are rewarding our users off.

2:14:24 - 2:14:27

I think you've answered it for yourself.

2:14:27 - 2:14:29

It's networking just in general.

2:14:29 - 2:14:29

In a sense,

2:14:29 - 2:14:29

if you,

2:14:29 - 2:14:30

if you already said,

2:14:30 - 2:14:30

yeah,

2:14:30 - 2:14:30

okay.

2:14:31 - 2:14:31

So,

2:14:31 - 2:14:31

so,

2:14:31 - 2:14:32

so what you,

2:14:32 - 2:14:33

what you gain from that,

2:14:33 - 2:14:34

it's just that in general.

2:14:34 - 2:14:34

Yeah.

2:14:34 - 2:14:34

Yeah.

2:14:34 - 2:14:34

So,

2:14:34 - 2:14:34

so,

2:14:34 - 2:14:35

so that's,

2:14:35 - 2:14:36

I'm not,

2:14:36 - 2:14:37

I'm not arguing or saying something,

2:14:37 - 2:14:38

but I'm just saying like,

2:14:39 - 2:14:43

like if networking is the purpose of the NFT project,

2:14:43 - 2:14:49

then let's work on building like some great partnerships and connections to

2:14:49 - 2:14:51

use these networks more and more like we are doing now.

2:14:51 - 2:14:53

Like I'm new to the space and I love the spirit.

2:14:54 - 2:14:57

Like when you can talk and no one will judge you in a negative way or we just

2:14:57 - 2:14:59

open a discussion or something.

2:15:00 - 2:15:01

Decentralized conversation.

2:15:02 - 2:15:03

That's what I like to call it.

2:15:03 - 2:15:03

A decent.

2:15:03 - 2:15:05

I don't like to mute people.

2:15:05 - 2:15:05

You know,

2:15:06 - 2:15:07

it's not nice.

2:15:08 - 2:15:08

It's rude.

2:15:09 - 2:15:11

Web three is all about decentralization.

2:15:11 - 2:15:11

Back to you,

2:15:12 - 2:15:12

brother.

2:15:12 - 2:15:14

No,

2:15:14 - 2:15:14

no,

2:15:14 - 2:15:15

that's it for my side.

2:15:15 - 2:15:17

My point is like,

2:15:17 - 2:15:20

where was open heart is we need more,

2:15:20 - 2:15:21

uh,

2:15:21 - 2:15:22

project.

2:15:22 - 2:15:26

We need more spaces like this space and other spaces that great hosts are

2:15:26 - 2:15:28

doing to raise awareness on,

2:15:28 - 2:15:32

on the utilities that the projects are giving in order to,

2:15:32 - 2:15:35

to not be rugged in the future from like thousands of dollars project.

2:15:35 - 2:15:38

Now we are seeing like projects rugging us,

2:15:38 - 2:15:38

um,

2:15:39 - 2:15:40

on small scale,

2:15:40 - 2:15:45

but what if like bigger project that give the users like the image that they are

2:15:45 - 2:15:49

repeatable and a big companies or big founders or big teams.

2:15:49 - 2:15:51

And in the future,

2:15:51 - 2:15:53

let's say you remember pixel mom.

2:15:54 - 2:15:55

Hold up running.

2:15:55 - 2:15:56

Do you remember pixel mom?

2:15:56 - 2:15:57

Definitely.

2:15:58 - 2:16:01

So that was that not a large scale rug?

2:16:01 - 2:16:01

Yes,

2:16:01 - 2:16:02

it was a large scale.

2:16:03 - 2:16:03

Yeah.

2:16:03 - 2:16:03

Yeah.

2:16:03 - 2:16:03

Yeah.

2:16:03 - 2:16:04

You know,

2:16:04 - 2:16:04

like,

2:16:05 - 2:16:06

like what about the,

2:16:06 - 2:16:06

yeah,

2:16:06 - 2:16:06

tiger.

2:16:07 - 2:16:08

You remember the,

2:16:08 - 2:16:08

uh,

2:16:08 - 2:16:08

tiger.

2:16:09 - 2:16:09

No,

2:16:10 - 2:16:11

not.

2:16:11 - 2:16:12

They're a Solana project.

2:16:13 - 2:16:13

Like,

2:16:14 - 2:16:14

you know,

2:16:14 - 2:16:18

there's so many of them that just come to market and over promise and just

2:16:18 - 2:16:19

under deliver.

2:16:19 - 2:16:21

You talked about like,

2:16:21 - 2:16:23

what are the actual utilities with some of the NFTs.

2:16:23 - 2:16:25

There's also projects on Solana,

2:16:25 - 2:16:26

like the Fox Federation.

2:16:27 - 2:16:29

It's like 40 Solana right now,

2:16:29 - 2:16:31

maybe like a thousand bucks,

2:16:31 - 2:16:32

900 bucks,

2:16:32 - 2:16:34

but you get all sorts of different utilities,

2:16:34 - 2:16:35

like,

2:16:35 - 2:16:35

uh,

2:16:35 - 2:16:38

software to do swaps and airdrops and,

2:16:38 - 2:16:39

uh,

2:16:39 - 2:16:40

launch pads.

2:16:40 - 2:16:43

Like some communities are actually doing it right,

2:16:43 - 2:16:46

but there's far and few of those communities out here,

2:16:46 - 2:16:47

you know,

2:16:48 - 2:16:49

hosting Twitter spaces,

2:16:49 - 2:16:52

putting on and really giving back to their community and,

2:16:52 - 2:16:52

uh,

2:16:52 - 2:16:53

the people that are highly invested.

2:16:53 - 2:16:55

It's just like you said,

2:16:55 - 2:16:55

you know,

2:16:55 - 2:16:56

they're just focused on the bottom line.

2:16:56 - 2:16:58

They're focused on just making money.

2:16:58 - 2:17:01

But I think once you mint out a collection,

2:17:01 - 2:17:02

especially a collection,

2:17:02 - 2:17:05

that's doing multi-million on a secondary,

2:17:05 - 2:17:08

like collections have thousands of E's.

2:17:08 - 2:17:10

Some of them even have like 13,000 E's.

2:17:10 - 2:17:12

Some of them have like 150 million,

2:17:12 - 2:17:13

like the doodles,

2:17:13 - 2:17:16

like there's like almost no incentivization for that.

2:17:16 - 2:17:17

Collection.

2:17:17 - 2:17:17

They just,

2:17:18 - 2:17:19

they're all slow rugs.

2:17:19 - 2:17:20

Like I put out a tweet,

2:17:20 - 2:17:21

uh,

2:17:21 - 2:17:21

earlier,

2:17:21 - 2:17:22

uh,

2:17:22 - 2:17:22

today.

2:17:22 - 2:17:25

I think I said they have a shelf time or something.

2:17:25 - 2:17:26

What did I say?

2:17:26 - 2:17:27

I don't even fucking remember,

2:17:28 - 2:17:28

but anyways,

2:17:29 - 2:17:29

they all,

2:17:29 - 2:17:30

they all have a,

2:17:30 - 2:17:33

they all have a shelf time unless they're doing real things in IRL,

2:17:34 - 2:17:37

unless they're doing things that bring more value to the community.

2:17:38 - 2:17:38

Uh,

2:17:39 - 2:17:39

you know,

2:17:39 - 2:17:44

you know,

2:17:44 - 2:17:45

there has to be some innovation in the community.

2:17:45 - 2:17:47

There has to be something new,

2:17:47 - 2:17:48

whether it be music,

2:17:48 - 2:17:49

whether it be software,

2:17:50 - 2:17:51

whether it be IRL events,

2:17:51 - 2:17:51

like,

2:17:52 - 2:17:52

you know,

2:17:52 - 2:17:54

I'm buying NFT is like buying a star.

2:18:03 - 2:18:03

And this guy,

2:18:04 - 2:18:05

except Dr.

2:18:05 - 2:18:06

Rex,

2:18:06 - 2:18:07

I haven't heard from you.

2:18:07 - 2:18:08

You're the NFT doctor.

2:18:08 - 2:18:10

I want to toss you the mic.

2:18:10 - 2:18:10

What's up,

2:18:10 - 2:18:10

brother?

2:18:16 - 2:18:17

You talking to me,

2:18:17 - 2:18:18

Tony?

2:18:20 - 2:18:22

We got a doctor on line number one.

2:18:22 - 2:18:24

Oh,

2:18:24 - 2:18:25

sorry.

2:18:25 - 2:18:27

The doctor was degeny buying some shit coins.

2:18:27 - 2:18:27

So sorry,

2:18:28 - 2:18:28

guys.

2:18:32 - 2:18:33

Let's fucking go,

2:18:33 - 2:18:33

baby.

2:18:34 - 2:18:34

See,

2:18:34 - 2:18:36

there's always two sides of the coin.

2:18:36 - 2:18:36

You know,

2:18:37 - 2:18:37

that's what they say.

2:18:38 - 2:18:39

It is what it is.

2:18:39 - 2:18:40

She did what she did.

2:18:40 - 2:18:41

She does what she does.

2:18:41 - 2:18:43

And I love what I love.

2:18:43 - 2:18:43

Dr.

2:18:43 - 2:18:44

Rex,

2:18:44 - 2:18:44

I love you,

2:18:44 - 2:18:44

big papa.

2:18:44 - 2:18:45

What is shaking bacon?

2:18:45 - 2:18:46

Oh,

2:18:48 - 2:18:48

GM,

2:18:48 - 2:18:48

GM,

2:18:48 - 2:18:48

everyone.

2:18:49 - 2:18:49

I am,

2:18:49 - 2:18:50

I'm doing well,

2:18:50 - 2:18:50

you know,

2:18:50 - 2:18:52

just listening to the conversation.

2:18:53 - 2:18:53

Uh,

2:18:53 - 2:18:54

you know,

2:18:54 - 2:18:54

I,

2:18:55 - 2:18:56

I have been here for,

2:18:56 - 2:18:57

for seven months.

2:18:57 - 2:19:00

I don't have a trading background.

2:19:02 - 2:19:02

And,

2:19:02 - 2:19:06

I was attracted by Bitcoin.

2:19:06 - 2:19:06

You know,

2:19:06 - 2:19:07

when I found out,

2:19:07 - 2:19:08

check Bitcoin,

2:19:09 - 2:19:10

started to talk about,

2:19:10 - 2:19:11

uh,

2:19:11 - 2:19:12

Ethereum.

2:19:13 - 2:19:13

And,

2:19:13 - 2:19:14

uh,

2:19:15 - 2:19:15

I started to look at,

2:19:15 - 2:19:16

look into it,

2:19:16 - 2:19:16

you know,

2:19:16 - 2:19:18

and then I started to create my own NFTs.

2:19:19 - 2:19:22

I have a lot of different coins.

2:19:22 - 2:19:24

I have a lot of different NFTs.

2:19:25 - 2:19:25

Uh,

2:19:26 - 2:19:28

like everyone else,

2:19:28 - 2:19:29

I'm waiting for the bull run.

2:19:30 - 2:19:32

Nice change in the market to,

2:19:33 - 2:19:35

actually to see some returns.

2:19:35 - 2:19:35

But,

2:19:35 - 2:19:35

uh,

2:19:36 - 2:19:37

regarding,

2:19:37 - 2:19:38

uh,

2:19:38 - 2:19:39

the NFTs.

2:19:40 - 2:19:41

In crypto,

2:19:41 - 2:19:44

this reminds me a little bit of the web too.

2:19:44 - 2:19:45

You know,

2:19:45 - 2:19:45

I,

2:19:45 - 2:19:51

I was finishing university when the web to revolution started and,

2:19:51 - 2:19:51

uh,

2:19:52 - 2:19:53

you know,

2:19:53 - 2:19:54

there was a lot of speculation,

2:19:54 - 2:19:58

a lot of billions and trillions of dollars were invested.

2:19:59 - 2:19:59

Uh,

2:19:59 - 2:20:01

the same way we are seeing now with the,

2:20:01 - 2:20:02

with the different blockchains.

2:20:03 - 2:20:04

Um,

2:20:05 - 2:20:08

I remember I need a guy that was my colleague in university.

2:20:09 - 2:20:11

He was a very good salesman.

2:20:11 - 2:20:19

So the guy was able to grab a funding like for 100 billion euros to do nothing.

2:20:19 - 2:20:20

You know,

2:20:21 - 2:20:21

he would say,

2:20:21 - 2:20:21

Oh,

2:20:21 - 2:20:23

I'm going to create this website.

2:20:23 - 2:20:24

He's going to do this and that.

2:20:25 - 2:20:27

He never created anything and he got the money,

2:20:27 - 2:20:27

you know?

2:20:27 - 2:20:29

So this is a rug,

2:20:29 - 2:20:29

right?

2:20:30 - 2:20:30

Uh,

2:20:30 - 2:20:32

so right now,

2:20:32 - 2:20:33

this is the,

2:20:33 - 2:20:33

the,

2:20:33 - 2:20:35

the FOMO of the investors.

2:20:35 - 2:20:36

They know it's coming.

2:20:36 - 2:20:37

It's going to be huge.

2:20:38 - 2:20:39

But,

2:20:39 - 2:20:39

uh,

2:20:39 - 2:20:39

you know,

2:20:39 - 2:20:40

if I,

2:20:40 - 2:20:43

if I get the very nice speech of saying,

2:20:43 - 2:20:43

you know,

2:20:43 - 2:20:43

I,

2:20:43 - 2:20:45

now I got this blockchain.

2:20:45 - 2:20:45

It's going to do this,

2:20:45 - 2:20:46

this,

2:20:46 - 2:20:46

and this.

2:20:46 - 2:20:47

I put up a nice website,

2:20:48 - 2:20:49

some nice technical jargon,

2:20:49 - 2:20:52

probably I'm going to get funding without even delivering anything.

2:20:52 - 2:20:53

So yes,

2:20:53 - 2:20:54

it's all about speculation.

2:20:54 - 2:20:56

It's a speculative market.

2:20:56 - 2:21:00

If the regulated market is already speculative,

2:21:00 - 2:21:02

what do you expect from a regulated market?

2:21:07 - 2:21:07

Well,

2:21:07 - 2:21:08

it's not a rhetorical question,

2:21:09 - 2:21:09

guys.

2:21:09 - 2:21:11

He's asking all these amazing speakers here on the panel.

2:21:18 - 2:21:19

I'm sorry.

2:21:19 - 2:21:19

I'm sorry.

2:21:19 - 2:21:21

Can he like run that question back one more time?

2:21:21 - 2:21:22

I was away from the mic real quick.

2:21:22 - 2:21:25

If,

2:21:25 - 2:21:27

if the regulated,

2:21:27 - 2:21:29

regulated markets,

2:21:29 - 2:21:31

it's already a bunch of speculation.

2:21:32 - 2:21:33

Uh,

2:21:34 - 2:21:39

how do you can expect from a web free deregulated market on cryptocurrencies and

2:21:39 - 2:21:39

NFTs?

2:21:42 - 2:21:45

A bunch of DGEMs.

2:21:46 - 2:21:48

I actually don't really have an answer to that question.

2:21:49 - 2:21:49

I don't,

2:21:49 - 2:21:50

I wouldn't know how to answer that.

2:21:50 - 2:21:50

Honestly,

2:21:50 - 2:21:54

I think you're going to get much more speculation,

2:21:54 - 2:21:55

speculation on steroids.

2:21:55 - 2:21:56

It's like,

2:21:56 - 2:21:56

it's,

2:21:56 - 2:22:00

it's going to be,

2:22:01 - 2:22:07

because the whole point of like a D like decentralization is not being able to control.

2:22:07 - 2:22:10

That is true.

2:22:10 - 2:22:11

Yeah.

2:22:11 - 2:22:12

Yeah.

2:22:12 - 2:22:12

So what,

2:22:12 - 2:22:18

so then what would be the point of what he's trying to get to then with his question?

2:22:19 - 2:22:19

Well,

2:22:20 - 2:22:20

what I,

2:22:21 - 2:22:21

what I'm,

2:22:21 - 2:22:24

what I'm trying to get to is right now,

2:22:24 - 2:22:25

it is like this.

2:22:25 - 2:22:26

It's,

2:22:26 - 2:22:26

it's,

2:22:26 - 2:22:26

it's,

2:22:26 - 2:22:26

it's,

2:22:26 - 2:22:26

it's the wild,

2:22:27 - 2:22:27

the wild west,

2:22:27 - 2:22:27

right?

2:22:28 - 2:22:31

Anyone can make it transform 100 bucks in,

2:22:31 - 2:22:32

in 1 million.

2:22:32 - 2:22:33

But,

2:22:33 - 2:22:33

uh,

2:22:34 - 2:22:38

what I want to say also is that the crypto as you know it nowadays is not going to be the

2:22:38 - 2:22:43

crypto that's going to be mass adopted because the crypto market is going to be regulated.

2:22:43 - 2:22:44

And without regulation,

2:22:45 - 2:22:45

there'll be no mass adoption.

2:22:46 - 2:22:46

This is,

2:22:47 - 2:22:50

I think everyone should be clear on this without regulation,

2:22:51 - 2:22:54

without the simplified ways of buying and sell crypto,

2:22:55 - 2:22:56

uh,

2:22:56 - 2:22:57

there'll be no mass adoption.

2:22:58 - 2:23:03

And how would it be regulation if it's supposed to be decentralized?

2:23:04 - 2:23:04

And so,

2:23:04 - 2:23:06

and that's what I was talking about earlier,

2:23:06 - 2:23:07

where it's,

2:23:07 - 2:23:10

it's going to have to be some type of hybrid model,

2:23:10 - 2:23:12

like in order to get mass adoption.

2:23:13 - 2:23:16

It's not going to be completely like one way or the other.

2:23:18 - 2:23:18

Yeah.

2:23:18 - 2:23:18

Yeah.

2:23:18 - 2:23:19

I agree.

2:23:19 - 2:23:20

I agree.

2:23:20 - 2:23:22

There would have to be a component of each thing,

2:23:22 - 2:23:24

but it would have to be built in a way where,

2:23:25 - 2:23:25

again,

2:23:25 - 2:23:28

like the whole point is to stop corruption.

2:23:28 - 2:23:28

Right.

2:23:28 - 2:23:29

So it's like,

2:23:30 - 2:23:34

it would have to be in a way where it gets tricky.

2:23:34 - 2:23:35

How,

2:23:35 - 2:23:38

how do you stop corruption if you can't track it down?

2:23:39 - 2:23:39

Well,

2:23:39 - 2:23:41

I would say based on,

2:23:41 - 2:23:45

I would say the based on the laws of how the system or the structure

2:23:45 - 2:23:46

operates,

2:23:46 - 2:23:47

depending on whatever you're using,

2:23:47 - 2:23:50

whichever coin or blockchain you're on.

2:23:51 - 2:23:51

Yeah.

2:23:51 - 2:23:52

I mean,

2:23:52 - 2:23:52

it's,

2:23:52 - 2:23:54

so even like what homegrown did yesterday,

2:23:54 - 2:23:56

it's going to take like some folks going to jail.

2:23:57 - 2:23:58

Joe,

2:23:58 - 2:23:58

well,

2:23:58 - 2:23:59

listen,

2:23:59 - 2:24:00

everything is corrupt.

2:24:00 - 2:24:01

Magic Eden is corrupt.

2:24:02 - 2:24:04

Fucking open seas corrupt.

2:24:04 - 2:24:05

Blur is corrupt.

2:24:06 - 2:24:06

All right.

2:24:06 - 2:24:06

Listen,

2:24:07 - 2:24:08

I have a new tweet out.

2:24:08 - 2:24:09

I just pinned it up to the top.

2:24:09 - 2:24:11

I need everyone's attention right now.

2:24:11 - 2:24:11

Guys,

2:24:11 - 2:24:13

jump the fuck back onto your phone.

2:24:13 - 2:24:14

Slap yourself in the face.

2:24:15 - 2:24:16

Pour some doodle juice on yourself.

2:24:17 - 2:24:17

Wait,

2:24:17 - 2:24:19

the flux up at the top,

2:24:20 - 2:24:21

right at the top.

2:24:21 - 2:24:27

That's the question.

2:24:28 - 2:24:29

That's the motherfucking question.

2:24:30 - 2:24:31

Tony,

2:24:31 - 2:24:31

Tony,

2:24:31 - 2:24:32

Tony,

2:24:32 - 2:24:34

before I forget what I was going to say.

2:24:34 - 2:24:35

I'm bringing the buggy man out of the bag right now.

2:24:38 - 2:24:38

One,

2:24:38 - 2:24:44

one evidence of that even open seas corrupt is that when open sea bought

2:24:44 - 2:24:45

jammed x,

2:24:45 - 2:24:46

dot xyz,

2:24:46 - 2:24:50

they removed the functionality of doing the holders analysis where you can see

2:24:50 - 2:24:52

all the wash trading inside the project.

2:24:52 - 2:24:56

This is the ultimate evidence that open sea is corrupt also.

2:24:57 - 2:24:59

And they don't want to have clarity.

2:25:03 - 2:25:04

I retweeted.

2:25:13 - 2:25:13

And just kick.

2:25:15 - 2:25:16

Wait,

2:25:16 - 2:25:17

it's getting choppy.

2:25:18 - 2:25:18

I can't.

2:25:20 - 2:25:23

Anyways,

2:25:24 - 2:25:25

I can't hear you.

2:25:26 - 2:25:28

We're pulling and we're rolling.

2:25:28 - 2:25:30

I hear deal token right now.

2:25:30 - 2:25:31

He's smoking this deal.

2:25:32 - 2:25:32

We too.

2:25:32 - 2:25:32

It kills me.

2:25:33 - 2:25:34

Go give Dilla follow.

2:25:34 - 2:25:36

Give dogecoin ride a follow.

2:25:36 - 2:25:37

Dr.

2:25:37 - 2:25:37

X,

2:25:37 - 2:25:39

all these amazing speakers here on the panel.

2:25:39 - 2:25:39

Make,

2:25:39 - 2:25:41

make some noise for yourself.

2:25:41 - 2:25:45

You guys are all coming out here and all investing into some speculative shit.

2:25:45 - 2:25:46

God damn it.

2:25:46 - 2:25:50

And I'm not financially responsible for anybody's wallet.

2:25:50 - 2:25:51

That's all I have to say.

2:25:52 - 2:25:52

Anyways,

2:25:52 - 2:25:53

to the top,

2:25:53 - 2:25:54

we have a question.

2:25:54 - 2:26:00

Do you think people's Twitter fingers move NFT floor prices?

2:26:00 - 2:26:01

That is the question.

2:26:02 - 2:26:07

Zero percent chance or 1000% manipulation?

2:26:07 - 2:26:09

What do you guys think?

2:26:10 - 2:26:10

Doodle.

2:26:10 - 2:26:10

I mean,

2:26:10 - 2:26:11

it's like sirens,

2:26:11 - 2:26:12

you know,

2:26:12 - 2:26:13

that's,

2:26:13 - 2:26:14

it's a day as old.

2:26:14 - 2:26:16

It's a story as old as time,

2:26:16 - 2:26:16

you know,

2:26:16 - 2:26:21

people fall for attractive people and stuff like that.

2:26:21 - 2:26:21

So yeah,

2:26:21 - 2:26:22

fingers move,

2:26:22 - 2:26:24

attractive bodies move,

2:26:24 - 2:26:26

and you got to watch out.

2:26:26 - 2:26:27

Get,

2:26:27 - 2:26:27

you get,

2:26:27 - 2:26:29

you get caught and then,

2:26:29 - 2:26:30

and then you learn.

2:26:30 - 2:26:33

And then you learn from the mistakes.

2:26:33 - 2:26:34

Like how you said,

2:26:34 - 2:26:35

someone has to go to jail.

2:26:36 - 2:26:40

If I have 1 million followers or 100 million followers,

2:26:40 - 2:26:40

if I tweet something,

2:26:41 - 2:26:45

there's going to be a percentage of them that will believe in what I say and invest.

2:26:46 - 2:26:46

Yeah.

2:26:47 - 2:26:47

One,

2:26:47 - 2:26:47

I,

2:26:47 - 2:26:48

yeah,

2:26:48 - 2:26:48

I mean,

2:26:48 - 2:26:52

I would say like a single retweet can like start a whole career,

2:26:52 - 2:26:52

like can,

2:26:52 - 2:26:53

can launch a career,

2:26:53 - 2:26:54

you know,

2:26:54 - 2:26:55

you know,

2:26:55 - 2:26:56

it really like,

2:26:56 - 2:26:57

like,

2:26:57 - 2:26:59

even in,

2:26:59 - 2:26:59

in any,

2:26:59 - 2:26:59

yeah,

2:26:59 - 2:27:00

definitely.

2:27:00 - 2:27:02

Definitely fingers move it.

2:27:02 - 2:27:02

Yeah.

2:27:02 - 2:27:02

Oh yeah.

2:27:03 - 2:27:05

I think that might be like a big one to be honest.

2:27:07 - 2:27:07

Now,

2:27:07 - 2:27:08

the question,

2:27:08 - 2:27:09

but I would say like,

2:27:09 - 2:27:10

how do you,

2:27:10 - 2:27:11

how do you keep that like,

2:27:11 - 2:27:12

you know,

2:27:12 - 2:27:13

organic sense of it?

2:27:14 - 2:27:14

Well,

2:27:14 - 2:27:15

without,

2:27:15 - 2:27:16

like,

2:27:16 - 2:27:16

how do you,

2:27:16 - 2:27:18

what is the accountability system?

2:27:18 - 2:27:19

If things happen,

2:27:19 - 2:27:20

like,

2:27:20 - 2:27:20

what are we like,

2:27:20 - 2:27:22

what type of things should we be thinking about?

2:27:23 - 2:27:27

If we're going to like talk about this and being integrated in society,

2:27:28 - 2:27:28

like,

2:27:28 - 2:27:29

if we want to,

2:27:29 - 2:27:30

if we want to like this,

2:27:30 - 2:27:32

how do you hold people accountable for,

2:27:33 - 2:27:33

you know,

2:27:34 - 2:27:36

you're accountable because you fell for it.

2:27:36 - 2:27:37

True.

2:27:37 - 2:27:37

You find yourself accountable.

2:27:38 - 2:27:38

Accountable.

2:27:38 - 2:27:38

So it's like,

2:27:39 - 2:27:39

I'll start like a casino.

2:27:39 - 2:27:40

Don't blame nobody else.

2:27:40 - 2:27:41

You find yourself accountable.

2:27:41 - 2:27:42

That's it.

2:27:43 - 2:27:43

I mean,

2:27:43 - 2:27:43

so it's like,

2:27:43 - 2:27:44

it's like walking into a casino.

2:27:45 - 2:27:45

I mean,

2:27:45 - 2:27:46

or penny stocks.

2:27:46 - 2:27:47

Um,

2:27:47 - 2:27:47

I mean,

2:27:47 - 2:27:53

I think I think I like to fudge himself.

2:27:53 - 2:27:55

That's what I'm going to do.

2:27:55 - 2:27:55

Who are you?

2:27:59 - 2:28:00

Wait,

2:28:00 - 2:28:00

what?

2:28:01 - 2:28:02

Shelby,

2:28:02 - 2:28:02

where did you go?

2:28:02 - 2:28:03

You dirty dog.

2:28:03 - 2:28:04

I'm right here.

2:28:05 - 2:28:05

What up,

2:28:05 - 2:28:05

bro?

2:28:07 - 2:28:08

Who are you fudding today?

2:28:08 - 2:28:08

You know,

2:28:08 - 2:28:09

the title is speculation.

2:28:09 - 2:28:10

I'm not fudding anybody.

2:28:10 - 2:28:11

Fud and shit.

2:28:12 - 2:28:12

Well,

2:28:12 - 2:28:12

listen,

2:28:12 - 2:28:13

man,

2:28:13 - 2:28:13

then you,

2:28:13 - 2:28:14

what the fuck you doing up here?

2:28:14 - 2:28:16

You gotta be fudding somebody.

2:28:16 - 2:28:16

Oh shit.

2:28:17 - 2:28:17

All right.

2:28:17 - 2:28:18

All right.

2:28:18 - 2:28:18

So I'm fudding,

2:28:18 - 2:28:19

I'm fudding,

2:28:19 - 2:28:19

I'm fudding.

2:28:19 - 2:28:21

There's been some speculation.

2:28:21 - 2:28:21

All right.

2:28:21 - 2:28:22

Let me tell you.

2:28:22 - 2:28:22

I'm fudding,

2:28:22 - 2:28:23

I'm fudding animated.

2:28:23 - 2:28:26

What animated said is like,

2:28:26 - 2:28:29

like that perspective is going to bring some heavy regulation into this space.

2:28:29 - 2:28:31

So I'm fudding that a bit because I think that,

2:28:31 - 2:28:32

uh,

2:28:32 - 2:28:33

I,

2:28:33 - 2:28:33

you know,

2:28:33 - 2:28:33

I think,

2:28:34 - 2:28:34

I think accountability,

2:28:35 - 2:28:36

like God,

2:28:37 - 2:28:37

it's like,

2:28:37 - 2:28:39

it's like in the film industry for a very long time.

2:28:39 - 2:28:39

We,

2:28:39 - 2:28:43

the filmmakers all tried to hold themselves to certain standards.

2:28:43 - 2:28:44

So they didn't get heavily regulated,

2:28:44 - 2:28:44

right?

2:28:44 - 2:28:48

Like they would limit themselves a little bit to keep the,

2:28:48 - 2:28:49

to keep from getting regulated.

2:28:49 - 2:28:49

Um,

2:28:49 - 2:28:50

and I think like,

2:28:51 - 2:28:51

you know,

2:28:51 - 2:28:52

uh,

2:28:52 - 2:28:52

it,

2:28:52 - 2:28:53

it,

2:28:53 - 2:28:55

I think it's on founders a lot in the space to,

2:28:55 - 2:28:59

to make sure that the space exists in the future because,

2:28:59 - 2:29:00

um,

2:29:00 - 2:29:00

you know,

2:29:01 - 2:29:01

it,

2:29:01 - 2:29:01

you know,

2:29:01 - 2:29:05

if there's a ton of rugs that happen in the next year or two,

2:29:05 - 2:29:08

there won't be a lot of interest in NFCs generally.

2:29:08 - 2:29:09

I just want to say that.

2:29:09 - 2:29:10

Yeah,

2:29:10 - 2:29:10

I,

2:29:10 - 2:29:11

I hear you Shelby.

2:29:11 - 2:29:13

And even as a founder or anything of anything,

2:29:13 - 2:29:14

you can't keep every customer happy.

2:29:14 - 2:29:17

So that's one of the fucked up things with what you just said.

2:29:17 - 2:29:18

You know,

2:29:18 - 2:29:19

you can't sit there and kiss everybody's ass,

2:29:19 - 2:29:20

you know,

2:29:20 - 2:29:21

cause you can't do that.

2:29:22 - 2:29:23

You can't make everybody happy.

2:29:23 - 2:29:24

Isn't it like,

2:29:24 - 2:29:24

I'm just,

2:29:24 - 2:29:25

I'm just saying in that in general.

2:29:25 - 2:29:26

So,

2:29:26 - 2:29:26

uh,

2:29:26 - 2:29:26

you're,

2:29:26 - 2:29:27

it's always going to be somebody crying.

2:29:27 - 2:29:29

There's always going to be somebody just boohooing.

2:29:29 - 2:29:30

That's the way it is.

2:29:30 - 2:29:33

But if you have a perspective on what's going on,

2:29:33 - 2:29:34

if you got fucked,

2:29:34 - 2:29:34

you got fucked.

2:29:34 - 2:29:36

And that's because you got played.

2:29:36 - 2:29:36

So,

2:29:37 - 2:29:37

yo,

2:29:37 - 2:29:39

maybe you take that experience into general,

2:29:39 - 2:29:40

your life and,

2:29:40 - 2:29:40

uh,

2:29:40 - 2:29:41

learn from it.

2:29:41 - 2:29:42

That is,

2:29:42 - 2:29:42

that is,

2:29:42 - 2:29:43

that is some real,

2:29:43 - 2:29:46

that's some real talk you're saying right there.

2:29:46 - 2:29:48

But I also am thinking about like,

2:29:49 - 2:29:49

you know,

2:29:49 - 2:29:49

have you,

2:29:49 - 2:29:50

have you seen the,

2:29:50 - 2:29:50

um,

2:29:50 - 2:29:51

the movie I robot?

2:29:51 - 2:29:53

I'm pretty sure everybody's in the movie I robot.

2:29:53 - 2:29:54

Like the law of robotics,

2:29:54 - 2:29:54

right?

2:29:54 - 2:29:59

It's like the contradiction right there is how the founder tried to create

2:29:59 - 2:30:01

something and give it the rules.

2:30:01 - 2:30:04

And it didn't work out.

2:30:04 - 2:30:05

I guess is that what they're trying to say?

2:30:05 - 2:30:06

Like you can't lose anybody.

2:30:10 - 2:30:10

Well,

2:30:10 - 2:30:11

that,

2:30:11 - 2:30:13

that came apart depending on something also.

2:30:13 - 2:30:14

So that,

2:30:14 - 2:30:15

it had to make a decision,

2:30:15 - 2:30:17

you know what to save.

2:30:17 - 2:30:18

So that,

2:30:18 - 2:30:18

that,

2:30:18 - 2:30:18

that,

2:30:18 - 2:30:19

that's a very,

2:30:19 - 2:30:19

uh,

2:30:20 - 2:30:21

yeah.

2:30:22 - 2:30:23

And I think,

2:30:23 - 2:30:23

uh,

2:30:23 - 2:30:27

if you have somebody that has lived a life of 50 and somebody that has

2:30:27 - 2:30:27

lived a life of 20,

2:30:28 - 2:30:29

let the 20 year old live.

2:30:30 - 2:30:30

That's my decision.

2:30:32 - 2:30:32

Okay.

2:30:33 - 2:30:34

No,

2:30:34 - 2:30:34

that's fair.

2:30:34 - 2:30:35

I would just say like,

2:30:35 - 2:30:36

you know,

2:30:36 - 2:30:38

founders looking to make millions of dollars,

2:30:38 - 2:30:40

that's millions of dollars responsibility they're taking on.

2:30:40 - 2:30:42

I want to keep it on topic right now.

2:30:43 - 2:30:43

Hold up.

2:30:43 - 2:30:43

Hold up,

2:30:43 - 2:30:44

Shelby.

2:30:45 - 2:30:49

Hold up.

2:30:49 - 2:30:49

Hold up.

2:30:51 - 2:30:52

Hold up.

2:30:52 - 2:30:53

We're going to reset the room right now.

2:30:54 - 2:30:54

Guys,

2:30:54 - 2:31:00

I appreciate everybody sliding in right now.

2:31:00 - 2:31:03

Don't you disrespect daddy deal.

2:31:04 - 2:31:05

Don't you disrespect that.

2:31:05 - 2:31:23

You're rugging again,

2:31:23 - 2:31:24

man.

2:31:24 - 2:31:26

dude,

2:31:26 - 2:31:26

you're rugged hard there,

2:31:26 - 2:31:27

bro.

2:31:30 - 2:31:30

To your chocolate,

2:31:30 - 2:31:31

to your chocolate.

2:31:31 - 2:31:36

What do you think about this conversation?

2:31:36 - 2:31:42

Oh,

2:31:42 - 2:31:43

man,

2:31:43 - 2:31:44

I've had a bunch of rugs,

2:31:44 - 2:31:44

G.

2:31:46 - 2:31:47

A bunch of rugs.

2:31:47 - 2:31:49

My first project that I invested in was a rug.

2:31:49 - 2:31:52

And that was back when NMTs was,

2:31:52 - 2:31:52

they were not,

2:31:52 - 2:31:53

they was expensive.

2:31:53 - 2:31:55

People was charging those retarded prices.

2:31:55 - 2:31:57

So actually,

2:31:57 - 2:31:58

shit,

2:31:58 - 2:31:59

to be honest,

2:31:59 - 2:31:59

sitting here,

2:31:59 - 2:32:04

the first NMT I bought was around like $247 a piece U.S.

2:32:05 - 2:32:10

And I fell into a trap thinking the utility was what it was going to be.

2:32:10 - 2:32:11

And I bought like eight of them.

2:32:12 - 2:32:18

And it was backed up by a person that had a real store and all kind of shit in Cali.

2:32:18 - 2:32:20

And it was just hype,

2:32:20 - 2:32:20

bro.

2:32:20 - 2:32:21

And then they just.

2:32:22 - 2:32:23

What was the utility?

2:32:23 - 2:32:24

I'm curious.

2:32:24 - 2:32:25

Okay.

2:32:25 - 2:32:25

The utility.

2:32:26 - 2:32:26

Oh,

2:32:26 - 2:32:26

shit.

2:32:26 - 2:32:28

It was a lot that was in there,

2:32:28 - 2:32:33

but most of the utility was part of being able to stake your NFTs,

2:32:33 - 2:32:35

to redeem a certain amount of points.

2:32:35 - 2:32:40

And those points would be able to be redeemed and spent within this specific store.

2:32:42 - 2:32:45

This store that I'm talking about is called Cookies and Kicks.

2:32:45 - 2:32:46

I don't know if you've heard about it.

2:32:46 - 2:32:47

It's in California.

2:32:47 - 2:32:48

It's on Melrose.

2:32:51 - 2:32:52

After,

2:32:52 - 2:32:53

after going through what you went through,

2:32:53 - 2:32:55

do you consider friendship a,

2:32:55 - 2:32:57

a utility for a,

2:32:57 - 2:32:59

I think something like that,

2:32:59 - 2:33:01

like a friend friendship.

2:33:03 - 2:33:07

I can't say that I would consider friendship a utility.

2:33:07 - 2:33:09

I would consider connections.

2:33:10 - 2:33:11

Now,

2:33:11 - 2:33:14

I got friends in my life that I've known for,

2:33:14 - 2:33:15

in my life that ain't worth a shit.

2:33:15 - 2:33:16

They can't even,

2:33:17 - 2:33:19

didn't get a job,

2:33:20 - 2:33:20

can't take,

2:33:20 - 2:33:22

take care of their own family in certain situations.

2:33:22 - 2:33:23

So friendships ain't shit.

2:33:24 - 2:33:25

But I will say,

2:33:25 - 2:33:34

one of the people that I'm still entrusted with right now that taught me how to use Blender was from that community.

2:33:35 - 2:33:35

So I do,

2:33:35 - 2:33:37

I did meet a lot of people in that community.

2:33:37 - 2:33:38

That community is really,

2:33:38 - 2:33:39

honestly,

2:33:39 - 2:33:44

the real reason why I love being in discord and being in VC.

2:33:44 - 2:33:52

That we chilled in and hung out face to face.

2:33:52 - 2:33:53

I couldn't beat that.

2:33:53 - 2:33:57

And that's why I try to carry it to every server I go to.

2:33:57 - 2:33:59

I still want to be in VC.

2:33:59 - 2:34:00

I still want to hang up.

2:34:00 - 2:34:01

Cause that's where I found genuine people.

2:34:01 - 2:34:08

Even though those genuine motherfuckers that was in that situation turned out to be paid to be hanging out with us.

2:34:08 - 2:34:10

but you know,

2:34:11 - 2:34:11

you,

2:34:11 - 2:34:12

you live and you learn in this shit.

2:34:21 - 2:34:22

So I got a question.

2:34:22 - 2:34:22

So,

2:34:22 - 2:34:23

so like you said,

2:34:24 - 2:34:24

the,

2:34:25 - 2:34:25

the,

2:34:25 - 2:34:27

even the people who put you on Blender was from that.

2:34:27 - 2:34:29

So would you consider that like a loss then?

2:34:29 - 2:34:33

Cause you gained so much from it outside of the value of your NFT.

2:34:34 - 2:34:35

Okay.

2:34:35 - 2:34:36

As far as money,

2:34:36 - 2:34:36

man,

2:34:36 - 2:34:37

I've seen,

2:34:37 - 2:34:39

not to say I've seen a lot of money,

2:34:39 - 2:34:41

but I've seen spent loss game,

2:34:41 - 2:34:42

got back up,

2:34:42 - 2:34:43

failed to go over again.

2:34:43 - 2:34:46

So when I spend money personally,

2:34:46 - 2:34:47

just my personal opinion,

2:34:47 - 2:34:49

it's gone to me.

2:34:49 - 2:34:50

It's already gone.

2:34:50 - 2:34:53

So that 2,400 or whatever that was,

2:34:53 - 2:34:56

it was gone when I first spent it on the project.

2:34:57 - 2:34:58

At the beginning,

2:34:58 - 2:35:02

whether or not it performs and gives me the utility that it's supposed to.

2:35:03 - 2:35:05

So considering that's a loss,

2:35:05 - 2:35:05

hell yeah,

2:35:05 - 2:35:07

it was a loss at the beginning because,

2:35:07 - 2:35:08

I can't get that money back.

2:35:08 - 2:35:09

And even if I did,

2:35:09 - 2:35:09

it would be in crypto.

2:35:10 - 2:35:15

But by the time I changed the money and turn it over a bunch of times to get it back into my bank account,

2:35:16 - 2:35:18

it may not be years from now.

2:35:18 - 2:35:19

Even like with doodogenics,

2:35:20 - 2:35:25

I'm not going to plan on turning that money over once this reveal comes and want to get that money back into my bank.

2:35:25 - 2:35:26

No,

2:35:26 - 2:35:26

I'm going to keep it in crypto.

2:35:26 - 2:35:29

So it's a loss because I spent the damn money.

2:35:29 - 2:35:30

It's gone.

2:35:30 - 2:35:31

It's out of my own bank.

2:35:32 - 2:35:33

It may be in crypto,

2:35:33 - 2:35:33

which,

2:35:34 - 2:35:34

you know,

2:35:34 - 2:35:35

just like these coins,

2:35:35 - 2:35:36

y'all talk about that.

2:35:36 - 2:35:37

Anything like,

2:35:37 - 2:35:38

just like ETH right now,

2:35:38 - 2:35:40

anything could just go down.

2:35:40 - 2:35:43

So it's a loss,

2:35:43 - 2:35:43

G.

2:35:43 - 2:35:44

Everything that you spent,

2:35:45 - 2:35:45

honestly,

2:35:45 - 2:35:47

could just drop out the sky right now.

2:35:47 - 2:35:47

So,

2:35:48 - 2:35:48

but yeah,

2:35:48 - 2:35:49

but you do have,

2:35:49 - 2:35:51

but would you consider your,

2:35:51 - 2:35:51

uh,

2:35:52 - 2:35:53

gotcha.

2:35:53 - 2:35:55

Would you consider your blender skills that you,

2:35:55 - 2:35:58

you've accumulated work would be worth more than your investment?

2:35:58 - 2:35:59

Hell yeah.

2:35:59 - 2:35:59

To you.

2:35:59 - 2:36:00

Okay.

2:36:01 - 2:36:02

The relationship that I,

2:36:02 - 2:36:02

so see,

2:36:02 - 2:36:03

yeah,

2:36:03 - 2:36:04

hell yeah.

2:36:05 - 2:36:06

Cause it's been able to,

2:36:06 - 2:36:06

so still,

2:36:06 - 2:36:07

even in the long run,

2:36:08 - 2:36:08

you,

2:36:08 - 2:36:09

you lost the money,

2:36:09 - 2:36:09

but you,

2:36:09 - 2:36:10

you gained something that,

2:36:10 - 2:36:11

that,

2:36:11 - 2:36:11

that,

2:36:11 - 2:36:12

that,

2:36:12 - 2:36:12

that,

2:36:12 - 2:36:12

that,

2:36:12 - 2:36:12

that,

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