Runestone cannot be stopped

Recorded: March 24, 2024 Duration: 3:12:15

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Snippets

I'm a chip boss man
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I got this
I don't get it started, I don't get it right
I'm down to music, I'm down to my mind
I'm with my own music, I'm with my own music
I'm with my own music, I'm with my own music
I say, I'm a lock-riner, I'm gettin' my way
I'm pimpin' my hoes, shakin' my pose
I'm bein' a police, end up my P.O.s
I ain't goin' to court, you be callin' judge
Tellin' I kiss my ass, cause I ain't go bug
And I ain't goin' back to lock-up
You tryin' to knock a mop up
I ain't goin' back to bug
And I'm never gonna stop the puffin'
Now for nothing, the path they needin'
The speech they needin'
The coffee, nigga, it's my believin'
Don't believe it, can't be touched
Can't even stop, can't even move
Can't even walk, can't even be shook
We're friends and friends and sisters
Yeah, I'm a get cold, I'm a bring a wine
I'm a get started, I'm a get away
I like that I'm a music, I love my mind
I'm with my own music
Open your heart for me, look what I got for ya
You and your presence, the greatest
I make an eye for ya, pass the rock to me
Lock it, I run with it, here for the game
And all the pussy that comes with it
I'm full of puppers, I been sittin' on the illegal
Your friends, I like that they needin' my own
Expect attention, I'm familiar with bein' ignored
The true back kid lockin' him close to the door
Rick wall in the road, I won't move
The king, I'm like Roy in the ring
I can't do shit, the face of a combatter
Man, you wanna walk?
Mothafucka ain't hard to find, I holler back, nigga
Can't be touched, can't be stopped
Can't be moved, can't be rocked
Can't be soaked, be hot
We went to major schools
Came to get cold, came to bring light
Came to get distorted, came to get it right
I'm a get on the music, I love my mind
I'm with my own music
I move when my heart stay warm
Feels like a lion's got nothin' to prove
I would never hot tell you
God in my corner, we can't move
Tryin' to pick me up, my hot damn shoes
See how quick I jump up and get you just a blue
They gon' see you on the hot damn move
And I ain't even nothin', nigga you to the crime
Not a print, not a hot damn move
Beat these niggas down, it's what I came to do
And I ain't playin' bout hot damn moves
Check you niggas down, it's yeah, yeah, it's true
We passin' up, go back and move
Don't call my head cause you gon' make me act hot damn move
Dead discussion, you will not work
Cause I feel like you can't be touched
Can't be stopped, can't be moved
Can't be locked, can't be soaked
We went to major schools
Came to get cold, came to bring light
Came to get distorted, came to get it right
I'm a get on the music, I love my mind
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
I'm with my own music
Alright, let's kick this off guys
Appreciate everyone for coming
So, this was like sort of an impromptu space
I decided to spin up about two hours ago
Thought it would just be good for the community
To touch base, I realized that
A lot of people aren't around
I get that it's like Friday night at midnight eastern
So, if you are able to be here
That's awesome
We're not, there's no major announcements being made
There's no
Yeah, like there's
This is a community hangout
I'm gonna address a little bit of FUD
And just kind of go over
The allegation that was made earlier
I put out a tweet about it
We can just go through that
This definitely does not need to be
Us discussing that for
Two hours
Definitely want to answer questions
Have this just be a community space
I think these spaces are just super
Important for us so that we're not just
Being able to actually talk to you guys means a lot to me
Right, and
I can go on Discord and we can
Shitpost and do all of this, but
Spaces are just super important
So, I'm gonna try to host Runestone spaces every now and then
This is definitely
Meant to be pretty casual
I'm just gonna kick things off here
Just super briefly
I'm gonna pin a post above, so
That'll hit in a second
And I'm just gonna address the
And then we can hopefully
Have a good space, I'm happy to answer any questions
And stuff
And yeah, like guys, Runestone cannot be stopped
You can't just put out a little tweet
And stop Runestone
We're fundamentally
Like, I'm not going anywhere
Right, the Runestone holders aren't
Going anywhere, we're gonna keep doing our thing
And we're gonna keep moving forward
So, the FUD
I'm assuming there's some people like, oh my god
What happened? Well, the reality is nothing happened
Right, there is no
There is no event that occurred
Or anything like this, right? Someone just
Captain Teemo Tweeted earlier today
Money went to Leonidas's
Runestones
Leonidas had created filter criteria
Based on how max of his
Wallets would get the Runestones
Leonidas kept selling
His 10k plus alt wallets
From his 10k plus
Alt wallets, money is now out of Ordinal's ecosystem
Congrats on being made a fool
So usually tweets like this don't
Get that much attention
Because it's not a
Very well backed up tweet, but
I think clearly
We hit a point where
I mean, we flipped
Board Apes for like two minutes the other night
We became like the third project
By MarketCap, we were very successful
Essentially, Runestone dropped last weekend
Right, so we're a very new project
And I think there's sort of
A healthy test that the space does
To projects that are
Being very successful in a very short
Period of time, and I've come to realize that
I actually think a lot of it's healthy
My critique to
If you're going to put out tweets like that
Frame it as a question where you're asking me
You know, this is my theory
I don't have proof
Can you respond to it?
Frame it as a question, putting it as this
Definitive statement is just
Intentionally sort of provocative
And trying to get engagement on the timeline
Like I obviously know it's not true
You guys all essentially have to make up
Your minds whether it's true or not
This is just the nature of Twitter
If you're going to make an accusation
Provide some wallets
The reason obviously they didn't provide
The 10,000 wallet addresses
Is because I would just go in
And be able to look
I'm pretty decent at doing research
So I can go grab some wallets in there
Very quickly plug them into Word.io
Into Twitter, into stuff
Find that they're tied clearly to other people
In this space
We're talking about 10% of the addresses
So that's essentially the flood
Of the first people
Go just read my response to it
It'll outline in a little bit more detail
My thoughts
We definitely do not need to
Have this space be, you know
It was really not honestly the best
Flood attack
We will probably get better flood attacks
Like that in the future
I'm going to rank this like a 3 out of 10
The more successful we are
If we actually get close to achieving
Our goal ever in this cycle
Being the top viewpoint in the world
I'm going to 100% assure you
That will create more haters
And that will create lots more
Flood than this grammatically
Poorly grammatical
Tweet that was put out
That was not very well thought out
But that clearly did demonstrate that
There is sort of an energy out there
That doesn't want to see us succeed
And doesn't like the fact that
Overnight we've been so successful
And wants to see us fail
And that's fundamentally that's okay
That's normal
This dynamic literally exists between every
Project on every blockchain
And even between blockchains, right
I even will flood ETH a little bit
You know, ETH people will flood Bitcoin
This is how this space works
None of this is that huge of a deal
I think that people who kind of like
Myself and a lot of people I'm seeing listening
Who spend way too much time on this app
Especially for several years
And live through 2021
Sort of realizes that this is part of the course
And I'm 100% confident that there will be
Better FUD attacks like this
Than this one in the future
And ultimately I think the FUD
Or if it's legitimate FUD, right
If they actually had proof of this
That would be really important, right
I think it's pretty easy to sort of
You know, spend 30 seconds and analyze
That this is not a very high quality FUD
There's not proof
And it's sort of a silly accusation
But fundamentally there will be
You know, just better people FUD
More people hating us as we're successful
And it's just the situation, right
Because ultimately this person doesn't have
That many followers, right
So they got an insane amount of engagement
From this
And people do farm engagement by like
FUDing things, right
And there's these accounts that
Specifically all they do is FUD
And I've watched these accounts
Over two or three years
And they pretty much all end up
Using their followers as exit liquidity
At some point, in some way
And it's just a really great growth act
For your account
Like if you want to get to
10,000 followers as fast as possible
Start tagging people
And sort of making up stuff
Or extending the truth
You'll get in the people's timeline
Because it's extremely entertaining
To read this in the timeline
And it's just the dynamic of the space
Where if you're sort of new or here
You might not understand necessarily
How there's definitely that dynamic to the space
It's an important dynamic
I wish more of these FUDders were like
Zach XBT who essentially
Professionally FUDs accounts
And has a reputation around it
So when he FUDs something
He's got a reputation
Or if he FUDs something incorrectly
That damages his reputation
A lot of these small accounts
Like this Captain account
It doesn't really matter
Like they weren't
It just doesn't matter
They pretty much don't lose anything from this
They probably just gain a bunch of followers
People forget about it in a month
I will say on this
This one individual's account
They balked me
But somebody was screenshotting
They have another tweet
Or like they have an ordinal PFP
And they're just like dunking on ordinals
And shitting on ordinals
And saying like
I don't know
It's yeah
It's a little bit of a weird situation
I don't know what the deal is
We don't need to micro analyze this tweet too much
There's really not that much to it
But wanted to just go ahead
Spin up a space
And really just hang out with y'all
For a bit here
Like we can
I'm happy to answer questions
But also happy to just
Talk about the future of Runestone
I know a lot of people have questions
I've not done the best job communicating
Just sort of logistical type things
I know that there's a lot of people who
I'll say basically
They don't spend all their time on this app
So they're not fully looped in
They're just
You know maybe they received a Runestone
They bought a Runestone
Something like this
And they're
You know trying to catch up and learn things
So I'm sure a lot of listeners right now
We've got about 545 listeners
They're in that category
So no questions are dumb
Please feel free to come up and ask questions
Yeah I'm extremely excited for the having in 26 days
I believe we're going into this giant crypto cycle
And I think the next year is just going to be absolutely insane
If you've lived through these before
And anything like the prior ones happens again
We're going to have a really fun year
And this is going to be an awesome project
There's absolutely no promises
It's a non-utility project
But I can ensure that you've got your Runestones
And I can ensure that you will get the Rune meme coin
And that I will make sure those two things happen
Jake I saw your hand
Shoot it up
What's up dude
How are you doing?
A three of ten
Over the last three years
This is a one of ten bro
This dude
Yeah like
One of ten
Are you kidding me?
The three of ten was giving me too much credit
Like if you do the
If you do the giant like
Graphics with tying like a thousand wallets together
That's like ten out of ten
Right like
That's the
That's the like bar of like excellence
If you're going to do something like this
They didn't even have the graphics
They didn't even have the address list
In like a spreadsheet
You were a pro at FUD now
Over the last three years
I think there was a few
I think it was Vidpat
That put a thread of threads
Of all your FUD posts
Over the last
What was over the last three years
And the one thing you do well with FUD
Is you do show up to the spaces
I don't know if anyone in the space was around
Emergency historical NFT space
Where Leo showed up to a space
For six hours
Answering questions
Six hours
And if you guys know Leo
He's a very long winded person
And so he'll come in with
Just a very kind of authentic approach to it
And so I give you props
You know I came
I listened to kind of the space a little bit earlier
And to meet 10,000
10,000 wallets
Of doing this
I think you'd be better off trading
But it did kind of lead me to kind of this
Kind of larger idea
Or kind of thought
Which I get your opinion on
Like FUD posts in ordinals
Versus you know
Kind of like FUD posts
In I guess soul and eath
In terms of meme coins
Because Runestone
You're considering it a meme coin
Or it is a meme coin
I don't think a lot of people are really seeing that
But in the meme coin space
You know people have just such
Vigorous PSD
Of people dumping on them immediately
That there's
Right there's no true kind of like
Fair mint
Or fair kind of meme coin distribution
Right there's
Tons of insiders
Right I think this was like the main critic of Pepe
For a long time was
The original founder
Like had multiple wallets
And was an insider
And they were interacting with each other
And so just made me think like
That doesn't really exist in the ordinal space
I think also to the block time
Of transactions makes it a little bit difficult to do that
I just wanted to get your thought on like
Is it even possible to do something like that
In ordinal community
Where you can have
I guess pre-mine
Or I guess pre-inscribe
A large supply
And then try to dump it
Without people really noticing
Do you think that's even possible to be honest?
I think it is possible
Like it's definitely
I would not say it's impossible
That I had orchestrated
Some sort of cyber situation like this
It's definitely not impossible
I've seen people do some really crazy shit in this space
I think specifically
We specifically decided
To use a snapshot date
That was prior
To my tweet of this idea
And prior
To the RSIC airdrop
Which is the moment that this airdrop
Sort of meta
And just airdropping ordinals airdrops
Became a conversation on Twitter
I certainly was not thinking about it
Anybody who was here in January
Knows that
This idea of airdropping ordinals
Was just not being talked about prior to that
Fundamentally because we chose a snapshot moment
Prior to that
I think that mostly de-risks us
To a farm
Like it's not just me farming that
Theoretically anybody could
Farm something
Most projects
What most companies do
Is they will say
Hey we're going to potentially be doing an airdrop
And they'll tease it for like six months
And they'll have you try to go do a bunch of things
To try to farm it and stuff
And people game it
There's instances in the last bull run
Where, you know, there was this VC fund
That was invested in a company
And they basically got insider knowledge
That there was an airdrop coming
And they just farmed the airdrop
And made like five million dollars
Of the token right
So this stuff does happen
It's not unheard of at all
But intentionally picking a time
In the past
Weeks prior
I think that de-risks us from that happening
And you would have basically had to have been a genius
To predict the ordinal airdrop meta
Kicking off like this
And creating an insane amount of wallets
I would say also specifically for this project
Runestone
We didn't do a traditional airdrop
So it would have been really hard to guess
Like most projects
Will airdrop based on
Volume activity on exchanges
Based on the collections that you hold
This kind of thing
It's a really weird airdrop
And you can watch the process
Like you can watch as I tweet the original idea
For what I thought the algo should be
You can watch and see in that tweet
And in the Discord
People shitting on that idea
You can then see the idea evolve
Through these thousands of messages
As the community gives feedback
And designs this algorithm
And we go through this three week process
Of independent verifiers
The, you know, process
Of getting these address lists generated
People creating tools
Then making a few tweaks to the algorithm
Which took like an entire week of feedback
And people were like, Leo just dropped this
Stop, you know, trying to have this conversation
So very intentionally
It was a very strong attempt was made
To have a conversation
Around getting feedback on
And evolving this algorithm
That said, it is not impossible
That somebody could have assumed
That there would be airdrops
With similar criteria to wallets
I think it's just hot
Like the probability is extremely low
And everyone I've talked to
Who got 50 rune stones
100 rune stones
There's a handful of these people, right
And they basically got extremely lucky
From their wallet configuration, right
Most people that I know
They have an X-verse wallet
They have like five accounts in it
Pretty standard situation, right
This is mostly what I do
Except I have
I've tested all the different wallets
I've tested in weather and everything
In Sparrow back in the early days
So I've used a bunch of the tools
But I think it's like kind of
It would be very weird
To have a configuration
Where you have more than 100 addresses
With three JPEGs in each
A lot of people have many addresses
With one JPEG in each
But not many people have
Like, you know, many
Spread across many addresses
So that's sort of what I'll say there
I will say like
I don't mind the question
I think it's an important question
People will do airdrops and stuff
In the future and game them
Like people will farm airdrops
There's a whole industry around farming airdrops
That existed in 2021, right
I think it was like
$23 billion of value airdrops
So that is absolutely incentive
To game airdrops
But in this specific case
There were measures taken
To try to address that
And make it really hard
To farm the airdrops
Because you simply cannot go back in time
And do something
So that's the best I can say there
I think people are giving me
A little too much credit
If I had not only
One predicted the airdrop meta
But two navigated fake ideas
For the algorithm
And then navigated the community
To a specific idea
You know what I'm saying?
Like it's just a lot of pieces
To come together
And I'm not that gigabrained
And I'm also not gonna like
Just pathologically lie to people
On Twitter every day
So that is the best I can give you
We don't have actual addresses
To analyze
Because the individual did not
Put a list of addresses forward
So I can't literally sit here
And prove to you anything
Because they did not put forward
Which of the 112,000 receiving addresses
They thought were my 10,000 plus
So if they do that
I would love it
Because it would be very, very easy
For me to just point out
You know, look at this address
You put in the list
Yeah, this is owned by this person
That was not Leonidas
So I'm hoping they do that
Given sort of the effort
Put into the tweet
And the grammatical
And all this stuff
I imagine that's not gonna happen
And I don't take this fund super seriously
And like you said
This is like
One or two out of ten
I'll go to the other hands now
But it was a good question, Jake
So I believe Chapin
You had your hand up
I really appreciate you
Waiting for you
Yo yo, what up fam
How's it going?
I don't have any questions
I just wanted to share you
Share my story
Why I bought a runestone
First of all
I am in a couple of
Hispanic group chats
My native language is Spanish
So one guy told us
Like that story
That's going on on Twitter right now
And I'm like
Oh shit, yeah
I'm just gonna fucking buy my airdrop
So I floored it
But then I was talking with
Smart people than me
And they were like really
Bullish on runestones
So I decided to buy again
To buy back again
Because they were really bullish
Right now after we saw that tweet
The following tweet
I started to ask my friend
Hey, why do you think about peace
And there is like more than
200 people in our group chat
And they were like
Just let him put
We got the nighters back
We just hold it to zero
Or fuck it
But we're not selling
So I just wanted to share that
We have your back
And we're not selling
And we're gonna hold it to zero
And that's what I was gonna share
And I see down there
I see Bongo
I see NFT down there
Fuck you all
Fuck you motherfuckers
Nah, I'm just kidding
No, I love you all
We got you back
Wait, were you saying Bongo was flooding Chappan?
You said Bongo was one of the fudders?
No, I don't know
Did you say Bongo?
Was that what you said?
Bongo was flooding the
No, when I say fucking to anybody
He's like, I love you
Yeah, I appreciate the story
And I appreciate the story
And love the conviction
Again, there's nothing wrong with selling your Runestone
At the end of the day, guys
This is a highly speculative thing, right?
It literally could go to zero
And it literally is possible that it becomes the top meme coin in the world
And it's like
I have no idea which of the two is gonna happen
That's the point of the free market experiment
So, appreciate the conviction, though
And you having the projects back
And, yeah, look forward to seeing you around
Appreciate you sharing, Chappan
I think, Alan, you were next
What's up, Alan?
What's up, what's up?
I think, man, Chappan, Bongo, Ivari, who's down in the listeners
They're all legends
You don't know how much they're pushing the Runestone narrative
With the Hispanic community, bro
It's honestly been amazing to see
Social media has always been that way, right?
People say things without any form of accountability
And I think a good way to show how strong the Runestone family is
Is to just do a community note under his post
With actual, you know, accurate information
I think that would be the best way to make an example
Of people who want to keep fighting Runestones
Even though it's, as you said, it's on a scale of 1 to 10
It's maybe a 1, like Jake said
So, yeah, I think making a community note would be a perfect segue to this
By the way, saw Runestones were getting made into in-game items
Bro, amazing, amazing
Yeah, so I've had a couple people DM me that they're working on that
And trying to integrate it into different games, which is super cool to see
This was the whole point
For people who don't know, I've been this CC0 sort of maxi for a long time
It's a sort of controversial stance to take
I know a lot of people like the idea of IP
That's totally fine
That's another experiment, right?
This is all experimental sort of business models
I love the idea of CC0 because it gives everyone the freedom to go take Runestone
And just spread it everywhere, right?
You can literally do whatever you want with the Runestone art and image
Take that file, it's on chain, pull it down, put it in video games
You know, somebody just created this physical Runestone that I saw the other day
Leo, the artist, is going to be using this
I've been talking about this with him for a while
I'm not involved with this financially
But obviously I talked to Leo, the artist, of the Runestone
And he wants to get this very exquisite marble
And create physical Runestones
And he's got some cool stuff he's going to share with you guys
And not just related to what he's doing with Ordinals
But just like, he has real, outside of crypto collectors
That, I don't know, he has a really cool job
Because he basically has all these people coming to him
And wanting him to create these incredible things
And now people are coming to him wanting him to create these insane Runestone things
I'm super excited to see physical Runestones, I guess, is all I'm saying there
And you can't really do that if we say, oh, this artwork has all these copyright limitations
So you can't put it in your video game
We want this to be spread all over the internet by everybody
And ultimately the idea is that value then accrues back to the Runestone holders
So I love CC0, that's why this project is CC0
Casey's the CC0 maxi
You know, I would imagine Satoshi wouldn't like the idea of bringing in nation states
To come, you know, determine if one JPEG is allowed and the other JPEG is not, right?
So very much a fan of the idea of CC0
And that people are actually going and taking that and doing super cool stuff
And integrating it into their own projects
And, you know, there's a lot of these, I'll just say, like, kind of not super high quality mints
And stuff using the Runestone art and name and stuff like this
And ultimately, like, that's totally fine
It's just, it's a choice
You guys are adults, you can decide if you want to mint something or not
I think it's cool that, you know, people can create quality things
People can create, not very quality things
You can do whatever you want with it, that's the point
It's freedom to do whatever you want
That feels like the Bitcoin way to me
So, Alan, appreciate that
Do you have one more thing?
Yeah, so what you're saying is Runestone is open IP
I can make a, let's say I want to make a Runestone t-shirt that says Runestones cannot be stopped
The team won't stop me from doing something like that
Yeah, so there isn't even a team, right? Like, this is a community driven effort
I'm the closest thing that would look like a team, right?
So, CC0 means that you can use it even for business commercial purposes
So you can use it to make money from it
That's what it means
So it's the most extreme of do whatever you want
Most licenses will say, oh, you can do whatever you want, but you can't profit from it
Here, this is saying, go create a Runestone collection
You know, if people want to buy it, that's okay, right?
Like, you got to be careful because, like, there's a Runestone token on Ethereum
That has an account with a bunch of followers
I would consider that more like a scam
Because just uneducated people literally think that's Runestone and they buy the token
So, it's allowed
I'm not, like, no one's going to stop that
It's completely CC0, you're allowed to do that
But ultimately, there's a spectrum of, like, are you trying to do something in the spirit of the Runestone ecosystem
Or are you just kind of grifting on the language and stuff
So, people can determine that for themselves, you guys are pretty smart
So, I think, William, you are next
And then, Mr. E will be after that
Hey, Leo, how are you doing?
Hey, doing good, how are you, William?
Good, I was in the space earlier, so I heard everything
And, you know, you're good with me on your explanations
But I just wanted to bring to your attention, we're, like, 9 BTC away from a thousand in sales
Yeah, that's crazy, on Magic Eden
We're about to hit a thousand volume
Which is crazy, because we're the fastest collection to ever do that, right?
On Bitcoin, which is pretty nuts
Thousand BTC is no joke, right?
That's, like, we're talking, like, 70, 60-some million dollars of volume in a week
That's absolutely insane
You guys are animals
And it's pretty exciting, right?
It's obviously an arbitrary number, so it doesn't actually mean anything
But it's definitely a cool thing to celebrate, because it's just another metric that something really unique is happening here
So, definitely really cool, we're closing in on that, I'm sure
I would assume we'll probably hit that in the next few hours
Mr. E, what's up?
Yeah, man, those are incredible numbers, congratulations on that, and thanks for having me up
I appreciate the airdrop, and I wanted to give kind of a heads up for people who might not know this
But, like, if you had an OrgSwap account, like, in the early days of Ordinals
And you had, like, three Ordinals in that account, like, you probably did get a Runestone
And that actually happened to me
I was recovering my wallet, because, like, for people who don't know, like, last year
Like, there wasn't really any clear winners for the wallets and whatnot
So, like, you had to log into this website using MetaMask, and then the website was like your wallet
But the website got compromised
So, like, if you go to the OrgSwap Twitter, there's a link to a GitHub
And I went there, I went, I scrolled down to the bottom of the GitHub
There's a thing you can click, you can connect your MetaMask to it
And then, like, I did that, and it gives you, like, a width kind of code to import into Unisat wallet
And, yeah, I did that, and suddenly, like, I had three Pixar gets in there
And then I was like, what the fuck, there's a Runestone in here too
So, you never know, like, if you were collecting last year, and you lost that wallet, it might be worth checking
100%, I would estimate there's probably a lot of wallets out there
Where they are not super plugged in, you know, you forgot that you set up your exactly OrgSwap
Generative XYZ, these other sites, I mean, there's definitely Runestones out there
I get DMs every day
Literally every day I get a DM, like, I just realized I got my Runestone
Multiple a day like this, and they just, like, last weekend, you know, you guys were all plugged in
You knew you were getting Runestones, you knew your wallets were eligible
A lot of people were not as plugged in, right
And they're just finding their Runestone right now
And people will continue to find their Runestones
So that's, like, definitely a cool aspect of this
Just because of the scale of so many addresses that will, I assume, continue happening for a while
Yeah, man, that was, like, really cool
Because it was, like, a bonus
I was, like, A, I went in there originally just trying to rescue my Pixar yet
And then I was, like, oh, shit, this is, like, a bonus
So it paid to look, you know, so, like, let's fucking go
Yeah, I mean, look, if you have addresses, I would check all of them, right
Literally, it's, like, the easiest thing to do
Go check all of your addresses, like, rack your brain
Think about any Bitcoin addresses you've created
That you've done anything ordinals related with
Go just check them
You can check them on the OKX site as well
If you don't want to actually, like, deal with, like, plugging it in
And seeing if the actual Runestone's there
How does that work with OKX?
Like, does the volume that's traded on OKX show up on Magic Eden?
Or does Magic...
It does not
So we actually passed a thousand, like, three or four days ago
But, you know, I...
OKX is, like, it's really cool
I'm in contact with them and everything
They just don't have marketplace fees
So, like, we've had instances in the past with watch trading and stuff
Like, I've just seen projects where I just know it's not, like, organic
What's happening
And you can just...
If there's zero fees, you can just watch trade back and forth
And there's effectively the only fee you're paying is a network fee
So, you know, like, I look the most at Magic Eden volume because of that
Because it has the fee associated with it
But I would imagine most of the trades on OKX are legit trades
So it is, like, pretty legitimate volume to count
It's just always...
I put out a tweet calling out this project that was getting coverage on all of these NFT sites
That they had these crazy amount of volume
And I looked into it and it was just, like, it wasn't like it was a little bit watch traded
It was all 100% watch trading
And this person was selling these things back and forth for 30 Bitcoin
It was, like, the highest sale ever for an ordinal
And it was getting coverage and people were talking about it
And nobody was, like, asking a question of, like, this is happening on a site that has no fees
No one's ever heard of this project
How is the journalist picking this up and covering it, right?
So I had to, like, put out a tweet
So I'm always, like, slightly skeptical of volume on pretty much any exchange
Including Blur and stuff, right, guys?
Like, when I look at Blur volume, everyone's like, Blur flipped OpenSea by volume
I mean, Blur has 12 people that are millionaires who are selling to each other
Back and forth over and over to farm points
I don't know how organic that is, right?
Like, I...
Like, we have not seen organic Blur traction, ever
It's been a farming from day one
So there are real people mixed in there
There's no doubt about that
Like, they have a sick product
But it's really hard to gauge volume because people play games, basically
So Magic Eden, like, you know, pretty authentic volume, I would imagine
You're gonna be...
You're gonna be paying Magic Eden a lot of money if you want to watch straight there
So that's why I can tell it's pretty legit on Magic Eden
That's actually really interesting to hear
And I appreciate that because I was just, like, debating
Like, I'm on Magic Eden and I like it
And I was like, you know, does it make sense to go to each individual marketplace
Or, you know, just stick to one
So thanks, man, appreciate the perspective
Yeah, dude, great, great stuff, great questions for you coming up
Trevor, dude, appreciate you having my back earlier today
Like, I hop on and I just see Trevor in this space, like, sending off all these people
Yeah, dude, you know I got your back
But anyways, if you did fuck up, bro, I would also, you know, jump you as well at the same time
So, with the rest of the mob
But, yeah, dude, it's after midnight here
I'm feeling a little loosey, so I want to tell a story
Some people are gonna hate me for this
I'm also gonna embarrass Leo a little bit, probably
But, dude, like, I've been hosting space with this guy for a year
Don't know who he is, don't know what he looks like
He's either a, like, average height, whipped skinny, luscious long hair
Stone chiseled jaw looking dude
Or he's like 6'5", like, bulky
But could still probably lift more than Jan
You know, one of those two, there's nothing in the middle
But nonetheless, like, we started hosting space together
Dude, there were, like, a lot of people coming to me, like, fighting Leo
They were, like, and there were also people saying, like, oh, I didn't want to get into Ordinals because of the grifter
You know, they kept saying, like, that grifter without saying, like, Leo's name or whatever, right?
So I get people coming to me
And, dude, like, I kind of, I usually don't trust people who are not dogs personally
But I went on a limb with Leo just because I knew he was tight with Matt Medved
And, like, Matt has very, very good judgment of people and is very careful
And so, and also just, like, my intuition on, like, knowing Leo
You know, we have a little girls chat with me, Leo and Jan
You know, like, talking about all the gossip and rumors and everything like that
And, like, every time, dude, like, Leo is very principled in everything he does
And, like, also just his investment thesis is very, like, is very
I don't want to say narrow, but it's very specific
And, you know, he's someone who just, like, truly believes, like, his principles and stuff like that
And so I never really dug into this whole crypto skulls thing, right?
But I had people, like, coming to me every now and then, like, fighting Leo and, like, mentioning this
And, oh, didn't you hear what happened about that, right?
And for me, I just, like, rare situation where I trust my intuition
You know, like, as a VC, like, my job is to sniff bullshit, right?
So I hope I'd be pretty good at it
And, you know, just knowing that Matt trusted him and whatnot
And so this whole time, and then, like, I never really looked into it, you know
And in our girls chat, like, whenever these, like, things come up
Like, Leo's very principled, like, Jan, on the other hand, dude, like
Man, Jan needs some help here, like, if you were to explain to Jan, like, the trolley problem
We were like, okay, the trolley's gonna hit and kill five people
But if you pull the switch, you'll be able to change it to only kill one person
Like, do you pull the trolley? Like, Jan can probably test
He's never heard this before and never even pondered it
And he's not sure about the answer
But Leo, dude, Leo would not, Leo would, like, give you the essay
Like, the essay explanation of all the nuance on what the principled thing to do is
And so, you know, come today, I'm looking into this
And I'm seeing, like, all the fud from this guy
I'm like, first of all, this is a very dumb thing to say
Like, you know, if you know that the snapshot was before he even had the idea
Before the whole airdrop meta came, it'd be pretty difficult to do that
And just the dude is busy, right? Like, he's got a company to run
He's running a sick company
And so, but I was looking at the Crippleskulls thing and, like, people were calling it a pump and dump
And dude, like, in my mind, like, I had my own picture painted of this, like
That, like, Leo bought, like, 2,000 of these
And then he dumped, like, 1,500
But then, like, you know, he made 1,000 each
But then, you know, he kind of stopped or whatever
The way people were telling this story, right?
Come to find out today, I look at it
The claim is that he bought 800, right?
And someone's like, look at the evidence, look at the evidence
You look at the evidence in his wallet
And there's, like, 600 left
Like, there's, like, 600
So, like, the people who were coming to me for a year
Like, calling this a pump and dump
Were, their evidence was that it was
That he bought 800 and there's 600 left in his wallet
Like, that's, like, the evidence, right?
I'm thinking to myself, like, dude, like
Do you know, like, the trades that I've made in 2021?
Like, there's projects like Cittoshebles, dude
Where, dude, I'm not gonna lie
I'll tell you guys the full deal here
Like, I sold 90%, it was a trade, right?
I tweeted about it, I rocked as a PFE
I liked the project as well
Like, these two things can coexist, right?
And later, I got involved in the community
I've actually invested in the company
And I run Orinalsbot, by the way
But I made a trade, I tweeted about it
I sold 90%, like, it was a trade
But I also liked it, and I tweeted about it
Because I liked it
And, like, so what, right?
So, like, I'm, like, comparing it to that in my head
And then, on the FUD space earlier today, it turns out
Not only did this dude only sell, like, 200 of these
But he bought back into the project with all of his profits
Like, people pressured him into whatever, buying back
Into the project, and he made no money on it
He, not only that, he, like, lost money for taxes
So, this whole time, I'm thinking, like, you know
Like, I know the dude's principled
I know Matt trusts him, whatever, whatever
Like, yeah, like, he probably made, like, a thousand ETH on the trade
Or something like that
The dude made nothing, like, I thought this dude was packing ETH
You know what I mean?
And he covered all the Bitcoin
He's some big NFT whale
And, dude, turns out he's, like, probably poor
You know what I mean?
He's probably, like, a poor, you know, like
Because he didn't make any money, he's lost money
He's been losing money on the most, like, historic trade
And for a year, people are coming up to me
Yeah, look, look, look, look, look
Here's the deal
I, yes, I think people don't fully understand, obviously, what happened there with crypto skulls
You know, ultimately, I took a reputational hit, right?
Because, basically, I decided to get excited and tweet about it
Gary Vee and stuff when it was, like, blowing up on the timeline
At the same time, you know, I sold some of my crypto skulls
Like, obviously, I fucked up, like, in my head, this was my thinking
I did not organize anything with anyone
I get this message saying, have you looked at this project?
I spent 30 minutes looking into it
Nobody had bought it, had, like, no activity
It did check out to me
As it had a very high probability of being the second 10k PFE
So then, I spent 250k buying crypto skulls on the floor
I just swept the floor
And, basically, these alpha groups saw that activity happening
I didn't, like, message someone
I was like, guys, we're gonna pump this up, go pump this up
Yeah, they saw it on Ninjalar's project
They saw it on Ninjalar's project
They probably did, Trevor
Like, you're not joking, right?
Like, probably, like, they see this thing popping off on Ninjalar's project
But the point simply is, like, I thought, you know, I'm in the clear
You know, I didn't tweet about it, I didn't do anything
Except buy these
And then they're up 10x
And I checked Twitter to see what happened
And I see, okay, this is what happened
Gary V tweeted about it
And an alpha group got behind it
That happened with zero coordination by me
So, in my head, I'm like, the right thing to do is, like, take some off the table
Because it just went up 10x
I was expecting nobody to give a shit
And I hold on to this for a long time
So I sold some, right?
And then, ultimately, like, sort of basically, like, that was
It's like a coming-of-age moment as, like, an influencer or something
I didn't have as many followers
Then I had, like, 10,000 followers
I blow up overnight to, like, 30,000 followers
And it's like, okay, you know, the CryptoSkulls community was, like, super behind me
And there was a lot of people, like, I think rightfully calling out that, like, you know, if I bought it, I just shouldn't sell any
And that's sort of the trade-off of having the Twitter account and then buying things
If I wanted to sell, I just should have not created a Leonidas Twitter account
I should have just been a trader, right?
So there's a very large responsibility that comes with that
So, basically, what I did was, to summarize this, I then bought back in
So I, in total, sold $450,000 worth
Paid $450,000 worth buying CryptoSkulls
And then, yes, like, this is, again, me being an idiot
A year later, I'm having to pay taxes on this
So I'm paying, like, you know, I live in the U.S.
Like, you're paying very high taxes, capital gains taxes
Obviously, short-term, it's, like, hours later
And you're paying taxes, like, you know, 47% taxes or whatever
On those gains
So I then spent the next year helping to build this community
Helping to create a DAO, gave away over $100,000 of the CryptoSkulls
You know, watched it go to $10 million
Watched my holdings go to $10 million
And then I, back to where they are right now, held completely through the entire time
You know, said I would not sell anymore, have not sold anymore
And that's where we basically get to today
So, ultimately, I learned a lot
I think it gets mischaracterized drastically
I think a lot of the people that do that
Have some other incentive to not like something
Like, I have maybe, you know, they think some project that I'm doing is bad for their projects
Like, a lot of the time when I see any sort of flood towards Runestone in the timeline
I just click the account and I just go see
And, like, you guys know what projects they're holding right
So, it's just, it's, this is part of the space
It's what you sign up for when you are doing something that then gets attention
And stuff like this
And, yeah, like, obviously CryptoSkulls, I took two wells
I didn't make money, and I had a refitational hit
Like, just the whole thing was sort of a fiasco to me, basically
Dude, that happens to me every fucking day
Like, Gary V starts buying shit that I'm buying
And, like, it all just turns into this huge fiasco
Like, who the fuck doesn't that happen to you these days?
Yo, half the people in this audience right here
Were in someone's DMs begging for a whitelist
And, first of all, I love the audience here
I'm not trying to paint on you guys, but
You know we all do this
Last week, you were in someone's DMs for the whitelist
You got it
You minted
You changed your PFP
And then you sold and changed your PFP back, like, the next week
Like, half the people in the audience said that
You know, no shame
Like, rule number one of trading is, like, sell a third, right?
Like, that's what we say in all these spaces to everybody
Like, general advice
Like, no matter what you do, you buy into a project
And if you're, even if you're a conviction trader
Like, you want to hold for the long term
You sell a third of your holding to get back your principle
Like, that's just, like, rule number one
And, dude, I couldn't believe that for a year
People were coming up to me, being like, oh, you know
Whispering in my ear, oh, you know what Leo did
He did this bad thing
And it's, like, their evidence is that you bought 800
And you have 600 left in your wallet
Like, it just fucking blows my mind
Yeah, ultimately, you know, we don't have to go down
Too much of the rabbit hole
Because I think a lot of the people here
I mean, we're talking about stuff that happened
Over two years ago now
So, like, we don't have to rehash too much
Because I think probably just the people in the space
Just really don't care too much
They're here for Runestone
But I do appreciate you bringing up, bringing that up
And, like, giving me a chance to talk about it
And, like, ultimately, I'm down to talk about whatever here
I just know the sort of sentiment I hear
And, like, I try to think of everyone
When I'm, like, doing things
Is for, like, for example
You guys know how I was tweeting
Are you ready to get stoned for, like, eight weeks straight
And people were like, drop it, just drop it, just drop it
You know, again, this is me in my head thinking, like
Well, I think the right thing to do is drop a four meg or
Inscription, like, that would be really cool
And I'm thinking, you know, we
I really did have this vision of, like, let's have this
Be this open discussion, designing the algorithm
Independent verifiers, all of this
All that takes time
This is not just me with a team where I tell two engineers
You know, go do this, we're gonna drop next week
And it's sort of this trade-off of, like
I have to sort of think, like, two, and it's a good lesson
Of, like, what, ultimately, do people want
And it's, like, I'm creating this space
So that we can kind of discuss, you know, this specific
Accusation and just discuss any fud
And then we can move on, because, ultimately, right,
Like, this accusation's absurd
Like, obviously, I did not make 10,000 addresses
Again, if I wanted 10,000 runestones
I would have just given myself 10,000 runestones
And that's still under a 10% allocation
That's, like, a 9% allocation
This is completely within the norm of what projects do
And, again, the entire point of runestone
Is that we're testing what
Specifically free and fair
Like, engineered to try to be as fair as possible
Project, how the free market treats that
That is the experiment that we're running
That's the point
So it's, like, super
Like, if this was correct that I had
Created 10,000 addresses, that's, like, a huge problem
That's, like, why this tweet went viral
It's, like, it's good fud in that
It would sort of break everything
That, like, people are talking about with it
Being the free and fair meta on Twitter
So I get why people, like, engaged with it
And made it a thing
But, ultimately, I'm also just creating this space
I'm just drawing more attention to that
And, ultimately, like, the goal is, like,
They want some other projects to go up
And they don't like this one
And they want engagement
Like, we're giving them all of that
We're giving them what they want, right?
This is creating a distraction for our community
They are getting engagement
They're getting talked about a lot
Their, you know, account isn't very big
So they're getting way more retweets than they've ever gotten
And there's a balance of
Addressing stuff like this
And sort of feeding into the accusation
That I had 10,000 runestones given to me
And I've just dumped them all
And there's a balance of just, like, moving on
With our lives as well
So want us to sort of address it
And then move past it, right?
Because, ultimately, you guys see this dynamic
With many projects, right?
Like, people just fud
And they're fudding
Because it's, like, it's an incredible way
To get engagement on Twitter
If you say, look how cool this is, I like this a lot
You'll get some people who also like that engaging
But if you tag Vitalik
Like, if you're a Bitcoin maxi
Like, Cory from Swan
And you, you know, want engagement desperately
And you just tag Vitalik saying
Vitalik is the biggest scammer of all time
Vitalik did this, this, this, this
It's gonna be your most retweeted content ever
And, like, for people who don't know, like, Cory did that, like, a year and a half ago, right?
And, you know, these things just absolutely blow up
Because it's very highly entertaining
If anything, Twitter is, like, this very addictive entertainment app
And, like, I'm not gonna lie
When I see, you know, Luca has this fud moment, like, three months ago
I mean, I went and read the whole thing
I wanted to know
They were essentially accusing him of being a dropshipper
Was the end of it, so it was, like, completely stupid
But it is very entertaining to watch people try to get cancelled
For whatever reason, I sort of view it as, you know, the free market is testing
It's like testing things, right?
So Luca, like, went through that test
And, like, the free market wanted to see how he would handle
Being accused of being a dropshipper
Like, whatever that means, again, if people are not in the loop
And have no idea what I'm talking about, but, like, there was a legitimate effort
To cancel that guy because he was a dropshipper
They were, like, framing it as the most horrible thing ever
This guy was dropshipping stuff
So all of this is to say
The scrutiny is good
I think there's a right way to do it, though
This person should have asked the question and said, you know,
I don't have proof of this
But I had this idea where what if you had gotten, you know,
10,000 addresses lined up to receive this airdrop
And, you know, what is your response to that
That is the correct way to do this
Talking definitively and making a statement that is not true
Like, first of all, you're not allowed to do that
Like, you can't do that, right?
You're not supposed to do that
So you just need to be sort of thoughtful
When you're going to fud things
Do it in a way where you're sort of asking a question, right?
I try to be super careful if I'm ever going to fud something
That I'm speaking with some sort of, some receive something to back up
This thing that I'm saying, right?
So that it's not just some idea that I had that I'm tweeting
And making it sound definitive
Otherwise, you want to just make it a question
So I encourage people to keep asking questions
I see a lot of shit, even in the ordinal space, that I really don't like
And I think should be called out
But I think there's a way to do it
And this is all very, ultimately healthy for the space
But at the same time, there's a right and wrong way to do it
And I'm like, this tweet by this captain person
It's not the move, it's not the way to do it
That's just my sort of point
So if you guys see something you don't like, it's not like
Don't call it out, don't say something about it
But in this case, someone just made up a thing and tweeted it
Probably just to get attention
So that's very different than saying, I didn't like this
I want to know a little bit more information
I want the founder to be a little more accountable
I'm going to tweet out this thing and sort of like post this question
That's a very different sort of situation
I think Jake and then Mr. E, then I see bless, what's up bless
Jake, go ahead
Yeah, we've kind of moved past it a little bit
But I'll just add a little, who's going to add a little bit of color to the crypto schools
And I guess kind of all of the FUD that you've gone through over the last three years or so
I mean, people don't realize that that crypto schools thing went on for months
Literally, I kid you not, it ended up that FUD
And then a few things afterwards was kind of like the cause
Or like kind of the beginning of the breaking point for the historical NFT community, unfortunately
So, you know, it's good to have FUD and to contest things
But also as a community, it's very important to be aware of where to draw the line
And know when it's unwarranted FUD
So with crypto schools, I actually wrote like a whole report about it
I was kind of like the community podcaster at the time
Leo and I had to get on a literal podcast and talk for an hour
We had like a two hour podcast, Jake
We had to talk about this for literally like an hour on my podcast to figure out what the hell was going on here
Ultimately, it was pretty crazy
I think at that time crypto schools actually broke the OpenSea record
I think it was over 10,000 transactions in a single day when that happened
This is like how crazy of a day that was
I think crypto schools at the time was at like a 0.05 floor
And went up to like I think for ETH or something like that over the course of a few days
It was pure chaos, ultimately Leo
What's up? It was like 888 or 800, something like that
And a bunch of these teams picked up and started trading it
And then everyone, Gary Vee bought in, GMoney
Like all of the biggest pranksy, all of the biggest like
ETH NFT accounts that you could think of started piling into this
And yeah, it was a lot of commotion
Ultimately, I actually had to interview Matt Medved as well to get his part of the story
Because he also went on record saying that
He had texted Leo or tweeted or DM'd him or something about it
And a bunch of people had
And so it was just, it was a pretty chaotic time
And yeah, one thing Leo does well is takes FUD pretty well
And also he'll line you up with a fucking essay of a response
To where you just don't even want to read it
And you're just like, okay, I get it, you win
But yeah, Leo, you've come a long way, my friend
And yeah, if anyone wants to hear more about that story
Just the podcast and actually have a whole essay and stuff about it as well
It was pretty crazy times
But ultimately for the ordinal community where it is today
I think the whole community did really well
At identifying that this person didn't really have any proof
And that really the only people that I saw really commenting on it
Were just people from the last two years beforehand
Who are just kind of already upset at you
And just never really got over it
And so yeah, really good job
I don't know if we're going to continue talking about the FUD
I did want to talk about this kind of potential new meta
Or trend that's popping up in ordinals
But I know there's a lot of hands
So come back to me and then we'll talk about that
Yeah, to remind me when we get through the hands
Definitely want to chat about it
I just want to make sure we go through the hands
I think it's a mystery plus Jan and then Alan
Yeah, what's up in the street?
Yeah, yeah, there was really interesting story there Jake
Sounds like you lived through some cool times
And I just wanted to kind of talk about
You know, like kind of the future of runes here
Like kind of like what get your guys perspective
And what you think maybe the first week or two after runes
After having what's that going to look like
You know, I mean, it's probably not going to be
I mean, like no special tickers or anything like that
I'm not really saying
But like we probably won't have exchanges yet
I don't know if like the rune stones would immediately just drop the
Whatever that ticker ends up being the same day
Or would that come later or like
Like, you know, it's like is it going to be a shit coin pattern that we see
Like where everybody just speculates shit
And then it just like dumps on one of the things
And are people going to reject the first 10 runes
Because they're hard coded, right?
Are they going to choose the 11th one as the people's rune, right?
As rune zero, right?
Like it's so many fucking questions
I'm like hyped up to see what happens, right?
What do you guys think?
I mean, I'll go ahead and answer the rune stone question
You know, we're not going to be dropping the rune stone token on the first day
We're going to likely be doing a situation where
We let everyone sort of vote and decide on which ticker we want to do
And you can only have that conversation and do that once the protocol's out
Because you actually have to secure the ticker
So we'll likely have an address where we'll decide on some supply
You know, for example, 21 trillion
And anybody can go etch a ticker 21 trillion supply
Send the entire supply to this address
And then we have a list of tickers that we can actually choose from as a community
And the community can kind of sort through the ones that it likes the most
So that's essentially the plan for that
We've never claimed to be the first rune or anything like that
Like that's not what a rune stone is
So it'll likely be, you know, a week, two, three weeks even after
Before rune stone actually decides to drop the token, the meme coin
So don't expect that on day one or something like that
I think that's an important thing to realize
The extreme case of what could happen
And I'll just paint a picture for you all of
It's very likely doesn't happen
But it's the extreme case
Is some miner wins block 840,000, gets an epic stat
And some other miner colludes to do a reorg
And we have like an unprecedented reorg in Bitcoin
As miners fight for that block
That is one thing that could happen
There's people that speculate that'll happen
It very well may not
There's also a scenario where, for example, Casey decides
We don't know the mechanics of rune zero
But if Casey said rune zero will be open from block 840,000 to block 850,000
And the supply will be capped after block 850,000
What that'll essentially do is an efficient market
If they value rune zero similar to orty
So we're talking orty is over, you know, one and a half billion dollar market cap
Theoretically rune zero, runes is like a more hyped protocol, more anticipated
Theoretically that rune zero could be very valuable
I'm not going to try to speculate on the exact value
But that would mean there would be an insane amount of transactions
To mine and mint that rune
So this would jack up the fees on Bitcoin
To theoretically sustained 10,000 plus sat per b byte
Unprecedented situation on Bitcoin
You will see all of the maxis whining like crazy
That, you know, we're hurting people in Africa
You will see Binance tweet out that you can't withdraw Bitcoin
Because the fees are so high
That is another situation that could occur
As far as the actual market situation goes
You know, my guess is it's mostly shitcoins
Like it's going to be meme coin season on Bitcoin for a little while
And the market will mature and like all of these ordinal startups
Lots of them will have utility tokens and they'll drop utility tokens
And a lot of them will be airdrops
Because it's essentially illegal to do an ICO or a presale
So there will be probably an insane amount of airdrops
To buy the companies in this space that you guys are all using
And I believe they'll use the runes protocol
I could be wrong, but I think it would make a lot of sense
That they'll choose runes
And that is almost like the second season
That'll probably happen like later in the summer
So that's my that's my predictions of like the extreme situation
It might be way less extreme than this
I might be way over blowing this up
But there is certainly a lot of hype and excitement around it
So it's probably like a coin flip
Whether the scenario I just said happens or not
That's actually crazy 10,000 sats per view
But like that would be so wild to see play out
Like, yeah, really great answer, appreciate that
Did anybody else want to give their thoughts before we move on to other hands?
Awesome, okay. Yeah, what's good, dude?
Yo, what up?
I'm just curious like what community you think was like mad
Also, I saw the fun that kind of just like got over it
Like I was too long to be honest
It just I had no idea what the fuck they were talking about
I only care what's on chain and what's on chain is like a four mega
And it looks really cool. It's a GOP
So I don't know like everything else is kind of like noise
And I think what really matters is what's on chain and what's on chain
Is that 100,000 addresses got air dropped
You know shit, maybe I got like a couple and maybe I'm a little biased
But also it just looks fucking cool. I guess
Rolling stones are, you know, are cool
So I readied the FUD a little bit, but now I got over it
And I feel like, you know, you definitely put in work in the space
You did some cool shit
And so even if I'm not saying you did
But even if you took some
You know, you fucking deserve a little bit
But I don't think you did
You know, what's funny
I was listening to someone talked the other day
And they're actually like
They were asking them questions on the how to air drop people
Who would scribe using the org client
So that that could be something to pay attention to too
That's that's something I'm just gonna throw out there
So if you haven't used the org client to describe anything
I would at least try it out
You got to download a full note though
So go ahead go fun
This person had an OMB
Are they like part of the OMB community
Because they were in the same thing just shooting on ordinals for some reason
Which was like really bizarre
I'm just like
Do you see that
I don't know like I'm be real
And this is something I want to make clear
Not everybody who has an OMB
PFP is an OMB
Like I've seen like
I've literally seen my friend
So you're throwing this guy under the bus right now is what you're doing
Sounds like
Guys what you're saying
No, I'm just gonna be real with you
Like I've seen people all the time
Nowadays just rock OMBs and that I literally know who owns that OMB
I'll be like dude that's that's not you
Like you're just like right click saving it
It's a thing now right
I have seen a few of those
Because OMBs went up so high in floor price
It just became like the status symbol
And then like look
I think it's a little ridiculous
Just there are PFPs you can buy that are much less expensive than an OMB
But yeah like people rock
I'll see people rocking Taproot Wizards that
Like we know that it's not their Taproot Wizards right
And I see people do it with OMB too
And I agree it's like kind of silly
You really like
You should just rock a PFP that you hold
And it like
Let's say you just don't have the money to buy a PFP or something
You can you can still pay
$10 to like inscribe some cool pixel art you made
And like inscribe that into Bitcoin
That can be your PFP
I really do think it's a little silly
This sort of
You know when they do it though right
It's like credibility
It's like they want to have the credibility
They want to be like
Yeah I agree
I got the OMB
You know I know what I'm talking about
Like it's
It happens but realistically
Like I don't think anybody in OMB like
Putting me fucking cares that
You know like
I didn't read through it like that crazy
I'm looking at what's on chain
That's my research
I don't think you made 10,000 wallets
And airdrop yourself 10,000
I don't know
He should have said a thousand
It would have been like
This is like
Here's a tip for people making up buys like this
That would have gotten people stirred up
The problem is
Gave people ammo bro
What I'm saying is
It's like
The attempt
The fight attempt
I'm dialing down
One out of ten
Giving this a one out of ten
It was so
It was mint bro
I didn't even like believe
As soon as I saw it
I was like
First of all
It's kind of embarrassing
You know how many people are looking at
I get people updating me on
Like so much random shit
All the time
And it's fucking insane
Like people are not
Gonna let any of this shit slide it
So the fact that they think
This is gonna be something
That's gonna slide
Out of everybody's nose
Like is ridiculous bro
It's kind of like insult to like
Everybody
It's like one out of every 11 addresses
You would have just looked at it
And it would have been like
Some really weird fake pattern
Because like you can't actually fake activity
Like it would just be like
Fresh wallets or something
And it's just not
I don't know
I don't know
Obviously like
I'm the only one who knows
100% sure how bullshit it is
It's up to them
If they want to try to prove to you guys
The right one
In this situation
They need to produce the list
And that will be very entertaining
Because I'm gonna, you know, do my research
On that list as well
And write a thread
So we'll see
We'll see what happens
Um, I highly doubt these people
Are gonna like go and try to make up
A list of 10,000 addresses
And give it to you guys
So probably very unlikely
That's gonna occur
I think Jan, you're next
Jan, do you want to respond to that thing
That Trevor just said earlier
He was fighting you a little bit
Is that why you came up?
Man, I actually
I actually didn't hear anything
I am in the gym
I'm just doing my set
And I come up
And he's just saying something about me
So I would like to clarify that
Okay, let's do it live, dude
So you have the trolley
You have a switch
And the trolley's gonna kill one person
Hello, Leo
Can you pick up riddle and help me with the translation?
My English is not very good
Bro, I don't hear you right now
Are you saying something?
Is this Chico?
Are you typing into a translator?
I guess the communication is gonna be kinda hard to hear
Dude, that totally derailed this
But anyway, for Jan
Go ahead, Jan
Would you derail the trolley?
Hello, Leo
Can you pick up riddle and help me with the translation?
I didn't hear the whole sentence, but if you said
Okay, speak to me
I'm gonna have to remove it from the speaker
Because it's a little disruptive
I'm sorry
Go ahead, Jan
Of course, I would say
I would say
I would save the person that
You said that it's gonna hit a person
But I didn't hear the second part of the sentence
So I don't know
Yeah, so the train
Sorry, the correct way to do is
The train is heading towards five people
That are laying on the tracks
And they're gonna
The train is gonna kill five people
You can pull a switch
That will redirect the train
But then it will kill one person
And so, you know, you will actually be directly responsible
For the murder of that one person
Because you'd be the one
And so, you know, you will actually be directly responsible
For the murder of that one person
Because you'd be the one
The train is heading towards five people
That are laying on the tracks
And they're gonna
The train is gonna kill five people
You can pull a switch
That will redirect the train
But then it will kill one person
And so, you know, you will actually be directly responsible
For the murder of that one person
Because you'd be the one pulling the lever
So do you pull the lever or not?
That's the trolley problem
What's your answer?
Bro, you know, I'm a superman
I would basically take the train and put it on the moon
You know, so that it doesn't do anything to anybody
So, you know, that's what I would do
Because I have such a big biceps
As you always tell everybody
That I would be able to do it
See, I told you guys
He would dodge the question
You know what I'm saying?
By the way, by the way
Yeah, go ahead
By the way, guys, so, you know, I wanna
I wanna go back to Runestone
So, I think, you know, to your point, Leo
You know, the guy that
I said 10,000 isn't a FUD
For the fund that I created earlier
Would it be like 0.1 out of 10?
You were kind of rugged there
What was your FUD that you did?
I kind of, Jon, we didn't
I didn't fully catch that
You were rugged, unfortunately
But I assume your FUD
It's not very strong
Yeah, my FUD is not very strong
But, no, I wanna be serious now
Yeah, this is also a weak FUD at that point
To your point, guys
Yeah, you know, so I wanted to say
Jon would say that
Basically, every time
Okay, you're right
Go ahead, Trevor
Okay, go ahead
Man, I cannot hear you, man
Is it me?
Like, Trevor sounds super quiet
All of a sudden
Hey, Jon, by the way
Yeah, exactly
Jon, I just wanna say, by the way
Like, you're fucking
I just, I didn't realize
You worked with X-Verse
But I've used a lot of different wallets
And I like X-Verse the best
And I recently used it
To onboard, like, 80 people
From, like, ETH
Over to Ordinals
With my collection over there
So, fuck yeah, let's go, man
I really appreciate
What you guys are doing
Holy shit, man
That's awesome to hear
Appreciate you
I'm gonna DM
And, you know, let's make sure
That, you know, we make something happen
But, you know, Leo, I was actually
You know, just on a serious note
When it comes to, like,
You know, to be frank, like, for the past
Like, maybe, I don't know
It hasn't been even a month
It has been a couple weeks, basically
Just tweeting about Runestone
I would get
Every time I tweet something about Runestone
I would get, like, at least two people
In the comments
Basically saying something like this
You know, like, saying something about
You know, that Runestone was, like, controlled
And was airdropped to your wallets
Like, you know, this is a rag, this is a scam
And what the fuck
And so, like, I'm just, like
You know, I wasn't here from the beginning of the space
Obviously, I didn't even catch this
This fuck, to be honest
This guy just, like, clicked on this tweet
I didn't even see it, man
Because I was sleeping
I woke up a couple hours ago
Now in the gym
And didn't really have time to check everything
But I think it's actually important for you to talk about this, right?
Like, you know, to address this
I think there is no single project
In the world, in the crypto space
That is successful
And that didn't receive any fuck
Like, every single project
That everybody is rocking right now in this space
You know, have seen some sort of level of flooding
And I think it's important to address it
So I just want to say that, like, appreciate you
Like, you know, talking about it
Because I had no clue
People were accusing things
And, like, I'm like, okay, what's your evidence?
Like, if you're saying, like
You know, Leo has 10,000 wallets
Or, like, maybe even more than that
Like, you know, show me some evidence
But if you don't have any proof
Like, you know, if you're just, like, saying that
Like, what does it even mean, right?
About anybody I want
But if I cannot really even, you know, show somebody
Like, hey, this is real
Then, like, what the fuck is going on, right?
So I just think it's good that you talk about it openly
And, you know, again, I don't even know
You know, like, you know, transparency is important in this space
Like, can we get 100% transparency?
Probably not
But, you know, just talking about it with the community
I think it's important, bro
Yeah, I think you actually bring up a good point, like, other FUD
I see every day this common theme that's a FUD that sort of comes up
Of people, like, look through the addresses
And they see there's this one address that holds an insane amount of runestones
And their, like, default assumption is that it's Leonidas' secret address
And they're the first person to find this address
And the reality is, like, the same thing repeats over and over
It's the Merlin staking address
Merlin's this L2 that has a multi-sig
They're kind of doing what BLAST did
Where you send your assets there
And then you'll essentially, like, earn and farm and get this token for doing that
So they said, you know, if you send your runestones to their address
You'll get their Merlin token when it launches
So that's all that is
There's this one address that holds way more runestones than everyone else
It's not mine
It's very publicly the Merlin staking address
And I think, you know, there's 800 or so people on this call
You are all hearing that, so now you don't need to freak out when you see somebody do that
Because I'm just watching that same little thing repeat over and over
And it's like, it's just, it's verifiably not my address, right?
There's a huge company that has tweeted that it's their address
And they're telling you to send their runestones there
So that's another piece of FUD that I think would be good to address
Because I do, I see that being a very common theme
That seems to be happening over and over
I think, let's go to Alan and then flame Josh Drake and then Whittle
Yeah, so I think Trevor inspired the perfect segue
Leo, imagine you're on a trolley, right?
And you get to, on the one lane, you get to run over community favorite
I just got stoned, right?
And if you flip the switch, you get to run over
Runestones cannot be stopped
Which one are you saving?
Definitely get stoned, dude, definitely, that's like the original
I mean, I like the idea of getting restoned
Somebody said that the other day and it's like, yeah, we're gonna get restoned with this meme coin
So you guys get ready, like if you got tired of me asking if you're ready to get stoned
Get ready to get ready for me to ask you about getting ready to get restoned
Cause that's, that's coming
I mean, but technically anyone who buys on secondary is still getting stoned, no?
Oh yeah, absolutely, like when you buy a runestone, you're absolutely getting stoned
Obviously the initial stoning was when we all got stoned with the airdrop
And then, you know, some people who got stoned said, you know, I like getting stoned
But I'm done with getting stoned, I'm gonna
I am so high
Yeah, I'm stoned right now
Mr. E's stoned right now, you see what I'm saying?
Drake, I saw your mic come off
We're gonna get to you in one second for you being patient
Flame, saw your hand up, what's up, welcome up
Hey, what's going on?
Yeah, you know, I kind of hope after like today
For people who are listening in
We can put just a lot of this fud to rest
And like I said in a space earlier today
If we could all just pause a little bit before we jump to conclusions, you know
And start flexing a little more emotional intelligence
When we're in this space
It'd probably save us all a lot of time
And this is coming from somebody who's been quick to react
You know, like I'm not
I'm not special
I've fallen for this trap too
And the reason that I've fallen for it is the same reason everybody has
Because there have been scams that have been uncovered
You know, there have been griffs that have been sniffed out
And sometimes it's somebody who's basically known as this sort of, you know, crypto detective
And then sometimes it's just somebody who, you know, started putting two and two together
And so it's normal to like wonder, is this for real?
You know, and it's smart on some level because hero worship is a fool's errand in any realm
Definitely in this space
I mean, we all saw what happened with Sam, the wonder kid
You know, so it makes sense to like be skeptical
But it's also helpful when you take the time to like merge that skepticism with education
And when you can do that, it saves you a lot of trouble, you know
So, yeah, I'm just kind of hoping a lot of this stuff can get put to rest and we can focus on what's important
You know, now that hopefully everybody understands that Leo's been on the level this whole time
And, you know, there have been issues that have come up in the past, but he's addressed them over and over and over again
So find the recordings, man
You know, it's all the information is there for you to make an informed decision
And also on the flip side, I just want to say, whoever this guy is, you know, sounds like he's probably not like maybe the healthiest person
So remember that when you want to dunk on him too
Yep, it's a great point, it's a good point
It's a strong point, I agree
I'm not saying that to you personally, I'm just saying that in general
Yeah, please don't go just shit on this guy on Twitter and stuff, guys
Like, there's a lot of people for their mental health, they don't handle stuff like this well at all
And yeah, don't be like really nasty to them back
I think you do have to push back some, there's just an appropriate amount to push back
And we don't want to try to cancel this person completely as well, right?
That's all I'm saying
I'm sure, you know, in their head they think this is not an issue kind of stuff
Whatever, yeah, whatever spot they're in right now to make something up like that and tweet out it
You know, that's where their heads at, it's probably not the best spot, right?
So I agree, don't be too much of an asshole, just respectfully push back
Yeah, respectfully push back and just look the other way
I don't mean look the other way and ignore what happened, but just like
You don't need to spend your time worrying about this guy anymore, right?
Just move on to something else because he basically solved his own problem
You know, and he doesn't probably need anybody dog piling him on it
Like he probably knows at this point like oops I fucked up
So I'm pretty sure he's good on that front
Yeah, but not really, he would have deleted the tweet, right?
You like the engagement if you keep the tweet up
That's true, that's true, maybe he's just a bona fide troll
You know, like either way, what you're saying makes sense, Leo, Leonidas
Like I said, I hope we can move on and just try to be respectful
Try to pause when skeptical and just make sure we're getting all the facts
Before we jump to conclusions and support stuff like this
And fan it into a flame that requires, you know, these people that have to like
Jump into space and explain themselves even though they've probably already done it before
And they probably don't deserve to have to do it again
But they're doing it, you know, because they have integrity
Like, let's just, that's just my suggestion, you know
I mean, flame, you're right, like, let's be honest
Like, people don't, like, this is Twitter, right?
It's a wild place, right?
I would imagine it's possible Captain's in like a really weird spot
Captain also might just be listening anonymously to this space
Laughing at how a tweet he spent 60 seconds writing
Resulted in like the largest Twitter space of the day
So there's also that
Where, like, he probably gets the last laugh on all of this
Like, probably just a normal person wrote a fun tweet
Because fuck it, and fired it off
And is enjoying the entertainment with some popcorn listening to this space
Like, I would imagine that's probably the case
But there's also a case, and I've definitely interacted with people on this app
Where I'm like, you know, they have a different mental situation than most people
And you want to try to be respectful and understand that everyone's sort of coming from their own personal perspectives
And maybe they literally believe that this is the case
And they, even though they don't have proof in their head, they've convinced themselves that I did this
That's also possible
And there are people like that
So I do agree, you have to be sort of
Try to have empathy and sort of understanding as well
And definitely do not be in this guy nasty stuff
You know, I get really nasty kind of
You know, I'll get really nasty, like, bad threats and stuff, right?
I think everybody with a kind of account over 100k followers, this unfortunately happens to
And usually it's like nothing to do, like, it's not even a legit reason
They're upset or something
They're just angry at the world or something
And they're giving you a threat
And this stuff happens, unfortunately
Like, if you watch the sort of laser eyes amongst themselves
They do all kinds of crazy stuff like this with each other
Because it's just a highly, like, Bitcoin governance is just highly, highly political
And it's just, the internet's the wild west and I, like, you should not take it so serious
I think people like Kevin Rose, fundamentally, his community was just trying to tell him for a year and a half
All we want you to do is just show up for an hour in the Discord and on Twitter with us every day
That's really all the community wanted
Even if they failed and the price went down and everything
If he just kept showing up and was just authentic with them
That's really what that community wanted
What they really didn't like was that they took, you know, they raised a ton of money and had this huge mint
And like 50 plus million dollars raised
And then ultimately the founder doesn't have the respect for his community to show up, right?
So it's like, unfortunately, Kevin took the critiques as if, like, these people hated him
And the reality was, it's like, yeah, maybe some people did hate him
But most people, they bought a moon bird because they liked him
They believed in him
And all they wanted to see him do was show up
So all you had to do was just keep showing up
And it's just unfortunate because, like, he literally, you know, it's very sad
He went on a podcast and explained that because people were so mean to him on Twitter and Discord
You know, in his Discord, he started taking ketamine and, like, could not bear to show up to Twitter and Discord
That's a super just sad situation all around
It's sad for the holders
I genuinely feel sad for Kevin
It's so ridiculous that I get that people laugh about it
I have laughed about it
But at the end of the day, like, deep down, it's just a fucked up situation
Because that person could not handle somebody saying bad things about them on Twitter
They just couldn't, they could not deal with it because it felt too real to them
And it felt like there's somebody next to them in real life screaming at them or something
And that's not really the energy
Ultimately, it's just people on Twitter are going to go to the extreme when they say things
You stop showing up, I paid money for this, and you left the space, why?
That's really all that was trying to be communicated
Twitter just communicates that in, like, a very...
Like, people communicate that in, like, different words than I just said
But that is all it was, and he took it
I don't know, my point is just, yeah, be very thoughtful
Don't DM people like really nasty stuff
Do not be super nasty
Try to keep your critiques and things on point and focus on specific criticisms
And I think it's a lot healthier app if we all do that
Hey, man, I'm going to jump down, but yeah, I agree
Just, like, chill on the keyboard, cowboy stuff, man
Like, there's enough of them out there, and look at what...
Look at the trouble they caused today, right?
Like, we don't need to contribute to that
Like, we've got better things to focus on
There's so many cool things happening in this space
We don't need to give those people oxygen, that's all I'm saying
You're asking, like, good questions, right?
You're asking questions about the narratives being created
And what people are raising millions of dollars for, right?
And I think that's important
But, you know, shout-out to you and, you know, you taking hold of the Moonstone Initiative
I thought I was late for ordinals
And then I got my Moonstone aircraft
And, like, oh, maybe I wasn't so as late as I thought I was
And I picked up more
But, yeah, I appreciate everything you do
And, you know, keep doing it
This is just part of doing something that people had not seen before
At the scale that it has, you know, gotten to
Appreciate that, Josh
And you're bringing up excellent points
I know you used to host a lot of spaces with Morgan
And you guys covered some good stuff
And had important conversations there
And just, yeah, dude, appreciate you coming up
And didn't know you got stoned, but super happy for you, man
That's awesome
I believe that we got Drake
Really appreciate you waiting patiently
And then we'll go to Whithole
Yo, yo, yo, how's it going?
I'm so stoned
So I was curious if you had any plans to do anything at, like, NFT, NYC
Or maybe VCon and LA, you know, make an appearance there
I don't know, some sort of Runestone Easter eggs, you know
So this project has no roadmap, and it's internet-based
So, you know, I will not be the one doing that
People have DM me that they want to plan stuff for NFT, NYC
That's ultimately going to be up to them to do this
This is a volunteer situation
Where people are just donating to make things happen
If you guys want to throw, just to get together at NFT, NYC
Organize it, make it happen, right?
This is the beauty of the Bitcoin blockchain and a permissionless network
You guys all can organize amongst yourselves, right?
I am not, this is not, there's no company
I have five Runestones, right?
So I can't, like, fundamentally what I'm saying is
Is that this is a meme coin, right?
So it's a non-utility project, it's an art collection
And then there's a meme coin that comes out of it
So I'm not, like, going to get a team together and say
We need to go all do this big event at NFT, NYC
There are other types of projects, they're called utility projects
Where that's part of the utility
Is that there will be parties at these conferences
And you will get, like, really sick hoodies and this kind of stuff, right?
No, I understand
That said, I do hope people throw some parties
I think that would be pretty sick, right?
Like, I'm not saying I would never go to one either
I just don't, you know, make appearances in real life very often
Sweet, well thanks for answering, man
Thanks for addressing the FUD too, you know
Old FUD and new FUD
You know, it seems like it's all bullshit anyway
So, you know, the 700 people in there
I hope they take your word for it
Because I'm super stoned
Well, congrats on getting stoned
Hopefully, metaphorically and literally
Mystery, what's up?
Bro, man, I'm just loving the fucking vibes in here, man
We got Josh, fucking
I'm so happy that Josh got stoned
I didn't realize you were so deep in the ordinals, man
That's so wicked, like
All the homies are winning in ordinals
And you love to see it
Let's fucking go
Dude, I'm fucking everywhere
And there's a lot of new coins
And I'm fucking based in ordinals
Like, everywhere out here
Yeah, man, that's the way to do it
Love it, love it
I think it is interesting watching the fragmentation
Where we were all right or die, like, Ethereum
For a long time, right?
Like, there's a lot of people in here that cohort from 2021
And it's definitely fragmented
And now Solana and Bitcoin are, like, these major players here
It's a very different ecosystem
It's a very different situation than two years ago
I, like, didn't fully predict that this would happen, either
And there's a few people on here, like, Trevor, who predicted it
And, like, stuck around, like, and, you know, we're focused just on Bitcoin
And not ETH back then, but, like, pretty much Josh
Like, dude, I remember you from the ETH days and stuff
Like, you know, that community now is, like, a multi-chain, basically, community
And some of us are becoming slowly Bitcoin maxis over here
Dude, I am
I know that, I'm becoming a Bitcoin master myself
Yeah, it's pretty funny
It's funny how charming it is, like, it's funny how charming, like, Bitcoin is
Because it's not, like, you know, Solana where you click the button and it's instant
It's, like, you know, you click the button and you hope you set the gas right
And then all of a sudden the gas spikes and there's a 45-minute block
And now you're sweating, like, are you going to get the ordinal that you wanted?
Somebody going to snipe it
So there's, like, there's kind of, like, an element of, like, fuckery to the whole thing
That is, I love it
Dude, we literally cannot be more different than Solana
Like, when you use Solana, it's like using Facebook
When you use ordinals, it's like using dial-up internet with, like, you know
Like, really, really, really, like, when you guys, like, there's a lot of people alive who remember the
The JPEG would slowly load on your screen from, like, the bottom
Yes, slowly going down
Interlacing, interlacing
Interlacing, yeah
It's like that, that's Bitcoin, isn't it
Alright, alright
Hey, Leonidas, you just dated yourself
What's up, guys? That's so fucking crazy
Hey, I actually wanted to come on here to blow smoke up Leonidas' ass
In the most respectful way
Hey, hey, can you ask a question?
Yeah, I agree, and I'm sorry, just really quickly
Withole was waiting super patiently
We'll let you know if you woke up my ass in just one moment
If you can stick around
Withole, I appreciate you having your hand up and waiting patiently
Okay, so good, thank you very much for having me here
And first of all, I really appreciate all the effort you put into the community
And I personally have the stone that I feel so lucky to have hit in the early stage
Yes, and second of all, I heard what you've been talking about
I just wanted to say, don't give a shit to people saying very nasty things to you
Or something
Sometimes, because you did a very good job, you built a big business
So they maybe just want to find some trouble from you
And hopefully they want to give some profit from you
Because they see you as a very big meal, they want a piece of it
Yeah, that's how the trouble sometimes happens when the business is beating bigger
And lastly, do you remember the one who kicked out Chico?
Actually, he was asking me to translate for him
And it was a little bit embarrassing
And he is actually the manager, the owner of Chinese Runestone community
And we got over 6,000 people in it
So he actually wanted to talk really real
But I think it seems like you blocked him
Yes, I just had to remove him
I didn't block Chico
I messaged with Chico and I know who Chico is
I definitely, you can invite Chico back up
Chico is going out of turn
I understand there's a language barrier, so it was hard to tell
But if you basically put your hand up and wait your turn, you can go
And if you want to get Chico back up here, we can do a translation situation for a moment
If you want to do that, I'm totally down with that
Just didn't, you got to go in order, right?
Because there was an interruption situation going on
Yeah, I knew it
He didn't know that you pointed out in order
And suddenly he opened Mac and translated some video things
It was a little bit fun though
And actually I wanted to give an idea
That our Chinese Runestone community actually want to hold a space to invite you
And to talk more about Runestone
And also our community has another project called MB
And we want to, we keep having some cooperation like airdropped with Runestone holders to get free MB
Yeah, so we would love to have you in our space if that's possible
Yeah, when do you guys host your spaces?
We are still deciding, so how about like, can we have a TG chat group to talk about this
And I think the space would be, it goes very well
Yeah, I followed you so you can DM me the details
And I'll see, I'll see, but yeah, that's awesome
With 6,000 people, that's pretty nuts
Yeah, that's a whole lot of people
Check it out, later I will share the Twitter account of his
And show you how big the community is
It's very, like, strong, powerful of the Chinese community
And they are so dedicated, put into a lot of effort to, like, forward Runestones
And also the other project on Runestone Protocol
Yeah, so I think that's a good opportunity to cooperate
Especially in this real market, and that Runestone Protocol thinks it's the next trend, right?
Yeah, I love it, look, I appreciate you coming up here
She goes walking to come back up, we can try to do a translation
But yeah, I appreciate you coming through, I love this
I think Ann, who talked before you, might have jumped off the stage
So if they want to come back up and say something, they're welcome to
But otherwise, I think Phoenix was next
How's it going Phoenix?
Hey Phoenix, your mic's on mute if you are trying to talk right now
I see your hands up, and you just came up here, so I assume you're listening
Maybe they got stage fright, you know, you get up in front of 700 people
It's not easy
I got nervous
Maybe you got two stone
He got two stone, exactly
Hell, I'm getting stoned right now
Yeah, guys, I made this Vince
Can I share something?
Oh hey, what's up, bro?
Hey, what's up, Leo, we got another Leo
Yeah, go ahead, Leo
What's up?
First of all, I want to show my respect to Leo
This morning, I already did, so I want to see
Ignore the noise
And lots of people will stand behind you
And our Chinese community will support you
And, you know, you can find the different culture
East and West people
So, you know, there are different culture
This is different culture
So our community discuss to edge up the holder
To edge up our coins to the hold of round stone
Although I have only two stones, but I think
This is a very magic entity I have got to know
So thank you so much
Yeah, Leo, I really appreciate you coming up here
Saying that is very, very kind
And I'm super happy that you got stoned
And, yeah, like, ultimately
This is very much an international collection
And an international community
And I love going and hanging out on different spaces
And hopefully we'll get to get on with some point
So, can you hear me?
I just want to see your guys do a very good job
I love these wholesome vibes
You know, you love to see the wholesome vibes
No matter where you are
The problem is, Mr. Ed
The wholesome vibes are not good for the engagement
We need to get the fudge really bad right now
Yeah, yeah, yeah, right
We need the fudge, man
We need the fudge
We need to fudge this shit for max engagement
Yes, yeah, we need to increase it
We need to get, like, 2,000 people in this space here
We need to call this thing a ruined stone rugged
I mean, it does work
Leap does that
Yeah, right
Sijin, what's up?
Dr. Emilio
Hey, how's it going?
I'm fine, man
Thank you for the stones, man
I'm so glad you did this
And for the appreciation
I'm going to do a free mint for ruined stone holders
On a dry gamma or on gamma
So when it's live, I'm going to post it
And thank you, guys
And let's motherfucking go
Let's motherfucking go
We have some interesting energy up here tonight
Appreciate it
I really appreciate you coming up
I love that you're obviously doing a free mint for the community
Yeah, like, I dig the energy
I think, Alan, you're up
What's up, dude?
Bro, immaculate vibes
But, Leo, have you ever thought of showing up to different events internationally?
Like, have you ever thought about
I don't know if your thoughts are not
But I don't know if you have ever, like
If you have an event in China, Puerto Rico, South America
Have you ever planned on, now that you have one of the biggest
Even though it's not yours, so to speak, quote-unquote
Do you ever plan on showing up to all of these ruined stones events in the future?
So, you know, I really don't make appearances in real life very much
I will be making one at a conference later this year in December
And I won't be, like, I'll be wearing a mask
And, you know, it's a little bit hard to be anonymous
And show up to things in real life for, I think, very obvious reasons
But, you know, I'm not fully ruling it out
I will eventually likely be doxxed
And it just won't matter that much
And I'll just come to stuff
But, you know, until that point, I'm somewhat conservative about it
So, you know, first of all, you know, I'm not promising that there are, in real life, ruined stone events
It's up to you all if you guys want to organize stuff like that
But, you know, in the future, I could definitely see myself coming to something
Like, obviously, that sounds awesome
But, just like right now, it's a little bit of a unique situation
Yeah, the community has already organized, like, an ice fishing expedition up north
It's not going to be fun, but it's not going to be pretty
It's not going to be pretty, but it's on the table
So, the community has put that forth
And we're not sure it was a good idea
But, hey, it's out there
Will Eggman be the expedition leader?
Absolutely, absolutely, yeah
Perfect, I approve that
I'll get totally behind that
I'll be there
You can count me in
You can count me in
I'll definitely be there for that
That and NFT NYC, just ideas
You could, like, you know, BlackRock has this office in Manhattan
You could, like, go do something outside of that
That's a good option
There's all kinds of fun stuff you guys should do
So, I'm all for it in real life
Hey, Liam, speaking of BlackRock, is there any connection between your BlackRock and BlackRock?
Yeah, we can't solve it
I'm not able to comment on that right now, Detrentialand
I have no ability to comment on that right now
There won't be a comment on that topic
I was out of here by a third party
I don't know how I got here
Yeah, just in case anyone's listening
You know, I have no affiliation with this group of people on this stage
In no way does any comment I reflect any sort of financial advice
BlackRock has currently no affiliation with the Runestone Project
And cannot comment any more than that
In case of an FBI investigation
There's currently no public information about an ETF for the meme coin
I can provide no further information
Extremely bullish due to the mystery, the mystique
Hey, Leo, I'm on desktop so I can't raise my hand
But I've got a question for you on Runestones
Can you hear me?
Yeah, and feel free, no one's actually got their hand up
So you waited for yourself
Okay, cool. Well, what's up, man?
It's been a while since we've chatted
I haven't been really involved in inscriptions since the very beginning
So forgive me if I, you know, ask a question that's already been asked
But obviously inscriptions are quite controversial
Or maybe that's news to y'all, just kidding, obviously
They are controversial, especially to a lot of my maxi friends
And what they would say is they would say that these shitcoins, inscriptions and whatnot don't have a purpose
And I know that the goal of Runestones is to become the number one meme coin on Bitcoin
And there's obviously a real market for that
I'm not saying that there is it and I don't think anybody would argue that
But I guess beyond being the number one meme coin
What is the reason why you're doing this?
I'm not trying to be rude when I say this
What is the point beyond being the number one meme coin on Bitcoin?
Yeah, so it's a really good question
So fundamentally, this experiment, like the genesis of the tweet
Remember I spent five minutes thinking about this idea before tweeting it out
The idea was let's try to engineer the fairest, most free distribution event possible for essentially a token
And let's see how far to the extreme we can take it
And then have this experiment in the free market
Where if the free market values this, we basically set a precedent for other projects
And the market starts to expect more from founders
And starts to basically expect a higher standard of distribution events of tokens
Remember this is literally coming at the same time, we're on Savannah
Just doing essentially illegal pre-sales and rucking your Twitter account
It's not like it's some rare thing, it happens every day, millions of dollars
So I really, really, really don't want a lot of that stuff from Web3 to come over to Bitcoin
Bitcoin is sacred ground, Bitcoin is extremely important for the future of humanity
And we can take a lot of the technologies and use cases for boxchains
That found product market fit over on Ethereum and other chains, bring them here
But apply sort of more sound Bitcoin or type values to them when we do them
And this is just essentially an experiment at its core
See what the market will value
Something that was attempted to reward OGs, not reward whales any more than it rewards normal collectors
Doesn't have a pre-sale, doesn't have a team allocation
Tries to be very large in supply, so many people get to participate
It's over 100,000 supply
And to me, the work has almost been done
Where it's like that distribution event is the story
And if the market values a meme coin like that, that pretty much none of these other meme coins can hold a candle to that distribution
Then that'll be an interesting experiment to see play out in the free markets
That was my initial personal intrigue with the idea
Like I was personally very curious to put to test the thesis of a meme coin engineered in a very, very specific way
So that is the most honest answer I can kind of give you there
The larger answer is let's onboard a shit ton of people to Bitcoin
Like if you have a meme coin with a massive market cap on Bitcoin, it's going to pull in people from everywhere
People who have not held Bitcoin assets before are going to come buy these assets
And to do that, they're going to have to buy Bitcoin
And they're going to have to set up a Bitcoin wallet
And that's bullish for Bitcoin, that's bullish for the finance bros, that's bullish for the laser eye maxis
That's bullish for the ordinals and joyers
That's bullish for runes people
That's bullish for the VCs in the space
That's bullish for the entire ecosystem
I was of the belief a year and a half ago that Ethereum was going to flip Bitcoin eventually
Because I didn't see Bitcoin sort of having the ability to even do any of these new applications
That I thought was just going to onboard people to these chains and create network effects faster than Bitcoin could
And I've always sort of had that belief that you can get a lot of people to like the whole narrative around Bitcoin
And just like hold some Bitcoin and it's like number go up thing and you can hold it as a store of value
But if you create a video game that has 100 million players and they're all trading in ETH as their currency on an L2 or something
That's a serious threat to Bitcoin that I don't think people take seriously enough
And this is representing an opportunity to really reinstate Bitcoin as number one very clearly again
Which it is not in a lot of people's heads for a while
Because people thought that it was inferior of a technology and could not keep up with all of these new applications like DeFi and NFTs
And we're proving that, no, that's bullshit
You can do it all here, we can do it even better here
And this is going to be a project whose goal is to be the number one meme coin not just on Bitcoin but in the world
And if we succeed in that, there will be people smashing the buy button on Robinhood thousands of times a minute at the peak
And they will all be buying into not Ethereum meme coins and not the Ethereum ecosystem but the Bitcoin ecosystem
And just starting to plant seeds of Bitcoin essentially having this very bright future
And being the crypto economic network for the world
So that's sort of the vision behind this that's a little broader than just the kind of basic stuff like tweets
Leo, I'm going to let you finish but I just want to say, you guys suck at fudding, dude
The price is not even down that much, like holy shit, we've spent all day talking about this shit
And the price has dropped like 0.0 fucking 5, like, you guys, oh, come on guys, come on
Do better, do more fun
Leo, do you even smoke weed, bro? You've been asking, will they get stoned for like three months now? Do you even smoke weed?
Um, I'm not going to comment
See, that's all you guys got to say, he's larping, bro
He doesn't even smoke weed, he doesn't even get stoned
Like, I've been getting stoned on the daily, I can ask him to be ready to get stoned, you know
Leo, prove it, show it to him
I do have a follow up to that
Yeah, go ahead, please, please, please
It's certainly true, you know, you've been sending this since, what was it, January of 23
And, like, for those of you all that weren't there, around the NFT land, JPEG land, it was infeasible to possibly imagine
Bitcoin leaving it to him, especially even the people who, like, I never ever mess around with IFS, BULSH
I've always, anytime I've experimented with JPEGs, it's on-chain only
And he went on that insane run from, like, January to March
So, no one's possible to fathom Bitcoin being the leader, so
But, I guess, even with tokens, because the message is less than 5 sets per vbyte
And people are inscribing, you know, whatever they possibly desired on the blockchain
And then tokens came out, so I'm not sure how long you've been around Bitcoin
This idea of giving create tokens has been, like, various Antonopoulos, Joe Rogan pods from 2014
Three of them that year, and that was, like, right around Mt. Gox happening
So, even back then, God, it's been 10 years
10 years ago, he was talking about this idea, so that was a long way of saying, like, are you drawing any inspiration from these early
Antonopoulos ideas, or is that something that you just haven't thought about yet? I'm curious to hear your thoughts
So, yeah, when I came into crypto initially, Antonopoulos was, like, one of the big figures that was, like, really looked up to
I honestly haven't followed him super well to know, like, what's going on now
Honestly, here, I don't think he's that much of a public figure anymore, I guess
But at the time, yeah, in 2014, he was the fucking goat
And, like, going around the world, like, sharing Bitcoin with everyone, I hope he's doing well
Not, yeah, there's no, like, specific tie, like, I think fundamentally, of course, Bitcoin is not
Like, Bitcoin is a currency, but that is an application on a technology called a blockchain
And that blockchain is effectively this cryptoeconomic network, and you can apply that cryptoeconomic network to create lots of different types of digital assets
Fungible, non-fungible, semi-fungible, and I think they should all be on Bitcoin
And I literally don't think there's anything people can do to stop them from coming to Bitcoin
It's just the demand is there, and people will figure out a way to meet that demand, one way or another
So, this ship has sailed, in my opinion
Like, Bitcoin is going to get all of the Web3 stuff, and the only thing we really have control over is how we want to do it
And I think Runestone is kind of just taking a stance of, you know, I think this is one good way to do this
People can do other ways, there's no such thing as right and wrong, necessarily
But Runestone is a way that I think would be a great model
And was mostly inspired by Casey in the way he released the Ordos Protocol
And Domo in the way he released BRC20
There's like really cool mechanisms built in there that were meant to try to do something differently
And not just copy-pasting Ethereum to Bitcoin
So, that's pretty cool, I respected those guys, and I want Runestone to launch with a similar sort of ethos there
And I think the story of this meme coin with a massive market cap on runes was airdropped to the OGs in this space, 100,000 of these OGs
That is badass, that's epic
Like, that is us saying, fuck the way it was done before, we're doing it differently here, this is how we make our meme coins
And that's really cool, so inspiration would mostly be those protocols, like Ordinals and BRC20
Yeah, I mean, Antigone, I haven't touched on it since January of 2023, and because there's Runestones in there
You know, a little friend, JPay, has been doing interest across just people using Bitcoin
And I'm sort of neutral towards it, honestly, I'm really just pro-freedom, I guess
So, I think having people transact in Bitcoin, sell custody in Bitcoin, learn about the mempool, learn about SATs per V-byte
Dude, 99.9% of the fucking world has no idea what a SAT per V-byte is, 700 people in this room that do
So there's definitely a positive aspect to that, and a lot of my maxi friends, I apologize that some of them are so mean
You know, it's just, they really, really care about Bitcoin, all of us do, so in the end, I think this is gonna happen, but it's cool
So yeah, thanks for answering my questions
Yeah, it's great questions, and I think ultimately, I do, I think we're actually all very aligned on that, we love Bitcoin
I think just this group of people listening here is mostly just a little more open-minded about, you know, how to onboard people to Bitcoin, right
And there's a very specific way the maxis want to do it, and we're just a little bit more rational, kind of realist, kind of people who are like, you know, this is what people are actually doing on all the other boxchains
There's clearly a huge interest in doing those things, so if we did those on Bitcoin, we'd probably bring an insane amount of people to Bitcoin
And I think that's what's gonna happen over the next couple years
So ultimately, I think we're all aligned on Bitcoin, and I don't think just having the box space be used for a JPEG versus a transaction of a currency moving from one address to another
I don't fundamentally think that matters to Bitcoin
So, you know, the demand for box space going up is a great thing
It means Bitcoin's an in-demand blockchain that people actually want to use, and, you know, it's gonna have a lot of use cases
Excuse me
Leah, did you hear what you just said there? You said the demand for block space going up
Wink, wink
Soon enough, you guys will get it
God damn it, DeGentra, you're bringing the block space fucking wars up now
I knew it
Obviously, what I meant was the demand for box space increases with the finite amount of box space that we have to work with
Ash, what's good?
Ash, how we doing, dude? What's up?
How are we holding up there, Ash?
Hi, Leo, I'm good. How are you?
I'm good. Yeah, I appreciate you coming up
What's up? Did you get stoned over the past week?
Yeah, I got some, I got two, and I bought one from secondary
And yeah, all good. I'm holding all of them
And I'm enjoying the ride, and I'm enjoying everything that you, that I'm getting from the stones
So before I fud, whatever I want to fud, or it's not really a fud that I'm going to do
No, go ahead, say whatever you want, say whatever you want, like seriously
We're down to under 700 listeners, so
Yeah, I know
It is not a fud, but it's a question that I want to ask you
And I've been asking it for a couple of times, or just mentioning it on my replies to you
But before that, I just want to congratulate you on your lunch
I mean, the wrong songs, and shout out to you
The wrong songs, what you did is a precedent
And it's an ingenious initiative that no one has thought of before
And I congratulate you about it, and it's been a blast
So that's the first thing
And in regards to whatever the other guy said about in his tweet
I don't know, and I can't verify it
And he didn't give us, as the other guy said in the other spaces
He hasn't provided any evidence, on-chain or off-chain
Or whatever, it was just a dumb post on X
And it's up to him to prove his point
It's the allegation that has to be proven
It's not the guy who is accused, who has to prove his innocence
The innocent is all the time innocent until the accusation is proved
So that's the second thing that I wanted to know
My question is, just in regards to your support to some people
To some players who are playing in the ordinal community
And who has done nothing to, I mean, next to nothing to the community
And I hope that that person to whom I'm alluding is still here
But I'm talking about BitGod, who launched the OxBT
And you endorse him as an OG and as a legend
And someone who contributed to the ordinal community
Something that is great
We can compare him to Casey or to you or to the biggest OGs
And the biggest project who are still present till now
So my question is, since you've been here before him
Or since the inception of the ordinals
And you know that OxBT was a failure
And he overpromised and he didn't deliver anything
He didn't deliver the OxBT
He didn't deliver on the Redacted
And you still support him and you endorse him
While he should be impeached
Like the other guy who posted that tweet or that expose
Or should be impeached or should be just said by his community that he shouldn't do that
So I'm just asking why
Is there anything that I'm missing or that I don't know
Because the first inscription that I inscribed was the OxBT inscription
And I opened ten wallets
And I tried them, I took some profit and I kept some to move
But nothing happened after that
So that is my question
It's just because for me, your credibility gets a little bit lower
And yeah, it diminishes
When you endorse these people that I know that
Maybe it's their mistake or they didn't intend it
Or they did it in purpose or whatever
It's just that they are still here in...
Dude, get to the point, come on
Yeah, I'm done
Yeah, so look, I think fundamentally I would like to get Big God up here to answer some of these things himself
Like I don't want to speak for someone else fundamentally
My two cents here is Big God is someone who showed up as an applied guy to my account a year ago
I instantly liked him, he was funny, we became friends, I'm still friends with Big God
So Big God launched a project last summer, it was a token called OxBT
And essentially I think the issue there was, I think there were like team issues or something
For whatever reason, they did not end up launching the things they were going to launch
And moved on, I think the majority of projects in this space fail
I think they basically cut their losses and moved on or something like this
I think somebody is still...
Somebody that's not Big God is behind that project or something
I'm not sure of the full situation, 100% there
I have not seen anything proving that Big God made money from that or something
If somebody has proof to show otherwise, that would definitely potentially change my opinion
If he made millions of dollars there, I just haven't seen any proof of that
And if somebody proved that, I would look at that evidence and look differently
But up until now, Big God, fundamentally he created a project that failed
A lot of people create projects that fail
It was a free man too
And it was a free man as well
So the team didn't have the ability to execute on this thing ultimately I think
And that was the situation
They should have just not promised a bunch of things
And I think it would have been a little bit different
So that's my sort of take there
I still like Big God and I stand by Big God
And I get that people lost money on OXBT and they're upset
And that's the nature of that
And you have the right to be upset if you want to be
No, no, no, let me just...
I didn't say that it wasn't a free man
It was a free man and I didn't lose anything on it
I made money on it
The point is that he promised
And he over-promised and he didn't deliver at all
Yeah, and if he was up here right now
He would probably tell you that he fucked off
And wasn't able to deliver on what he said he would
I imagine what he would tell you
And there were team issues with the execution of stuff
And they all just went different ways and moved on
And are building other things in the space
That's basically, I think, what he would tell you
I don't really know the super details on that
He hasn't to tell me...
Sorry if I interrupt you, Leo Lyons
He hasn't to tell me as a person
But he has to tell all the community
It's not about me
I made money on it
I didn't lose anything
He has to tell the community overall
That's my point
So he can tell them, okay, I fucked up
And because I'm on the discord
And he was...
Just two months ago, three months ago
He was still promising and saying that there is a reduction
Will come and nothing happened
And I'm not angry at all
I'm just...
I'm just saying that we, in this space, we have to
Keep each other responsible
Everyone has to be responsible for his...
You yourself, Leo Lyons
What I admire about you is that
You have this self-awareness and self-reserve
And you have high standards
And you take yourself responsible
You don't associate yourself with anyone
You don't endorse other people
That's why I said...
That's the only question
Yeah, I don't endorse many other projects
So fundamentally, I have a relationship with BitGod as a friend
I did not hold OXBT, I've never held OXBT
We don't talk about OXBT ever
That's not something I talk about with BitGod
Fundamentally, I can sort of look at a person
And make a read and make a judgment
And my judgment on BitGod is that that was a situation
Where they were under
They were not prepared to deliver on the things they said they would deliver on
And got themselves in a shitty situation
When they couldn't ultimately execute on what they needed to execute on
But I did not see a team, and this is the pattern that I really don't like
That comes in, extracts value, and then leaves
That is not what BitGod did
BitGod did stay in this space every day for the last year
Even when ordinals were dead, showed up every day
And ultimately, had he extracted value from the space
And left, it would have been very, very different
I see a situation where instead he just didn't execute on the thing
And basically sort of fucked up a little bit there
With over-promising, you know, a lot there
Obviously, like, he was promising things were coming, getting people excited
And I'm sure he would just tell you that that was a mistake
They weren't prepared to deliver the things he said they were
Had he extracted value, it would have been a different situation
I've just seen no proof that he extracted value from that
And the sort of archetype that I'm super hyper-looking out for
Is the people who show up, and they extract value, and then they leave
BitGod didn't extract value, and he stayed in the space
He just decided to work on something else because it wasn't working with that team
I agree with you
So that's a little bit different in my head
And that's why I put him in a very different box than just a true
Sort of, like, stereotypical grift that's happening a lot in the space
I agree with you that I didn't mean that he extracted any value from the space
So I was just saying that he over-promised, and he didn't deliver
That's what I was saying
He would tell you that you're right, I think
I can't speak for him on that, right?
Yeah, yeah, yeah, yeah, I understand
As you said, he fucked up
But I'm not saying that he extracted any value from that
It was a free mint, and everyone mentioned it was on April, like, in a month
But I was just curious, and now I got my question
But I would have hoped that he would be sitting here
But I was waiting to get here to ask him the question
But anyway, thank you for your question, and sorry for being too long
No, you're good, it's a valid question
You, baby, what's up?
Yo, Leo, thank you so much for letting me up
Well, thank you for coming up
Yes, sir, I really do appreciate all the work you've been putting in through the book and back
You are a real beauty, close to you, I'm a huge fan of you
And before I go off, I'm going to sell some to Hesh
I think we should show some more respect to Big God
Because of what he did to the ordinal space
He onboarded so many people, including me
And I'm saying, I'm from Africa
And OSBT had lots of people talking about ordinals and BLC20 in Africa
That's something like, I've never seen something like that before
Like some common magazines talking about Bitcoin like that
Talking about ordinals, BLC20, because of Big God
I think he did great
And I don't see that project as a failure
Because I don't think anybody that meets that project will be at loss right now
You're in profit still
You've been always in profit
How is it a failure? Because you didn't get some price to get you set
So I think the expectations from Hesh are unrealistic
I don't know if you get what I'm saying
I maintained OSBT myself and I intended on holding
Because before I got hit with real life problems
Then I had to sell off
I don't know if you get what I'm saying
So that's my take on Big God and OSBT
So what brought me up here is Leo
I actually have been in the ordinal space for a while now
I came into the ordinal space during the OSBT era
And I stayed active, I stayed showing up through the booth
Sorry, through the bay
Now the booth
And I was just surprised that I didn't get stoned
Like that was my greatest surprise if I'm being very honest
I don't know how that happened
But I checked my two ordinal wallets
I didn't see anything, I was so half-broken
To be honest with you
Yeah, so like look, I'm sorry that you didn't get stoned
Essentially the algorithm was
My guess is you're a situation where you didn't collect
That sort of are the JPEGs
You were just doing BRC20, is that an accurate characterization?
I was doing BRC20 mostly
But I had some ordinals too, to be honest
Yeah, so it's pretty straightforward
If an address had three or more inscriptions
That were not text or JSON
Then it got stoned
And if it didn't, it didn't
That was just as straightforward as I can be
So my guess is you probably had one address that maybe had two
And you just didn't make the cut, unfortunately
So two baby, I'm very sorry about that
Obviously I wanted, you know
I don't like hearing things like that
And just fundamentally this is what the algorithm was
And we could have made it, I guess, a little bit broader
And there could have been more runestones or something
But ultimately it just seemed like it was already a lot of runestones
And it was already a little bit of a feat to pull off that
And this is what was decided
So I'm sorry, it couldn't have been extended a little bit more to you
But, you know, you're obviously a valued member of the ordinals community
And, you know, you should know that
Just because you didn't get a stone doesn't mean you're not an OG
Hey Leo, can you do another airdrop, please?
We're gonna do another airdrop, but
No, like another, I need another like Runestone 2.0
It needs to be like Crimson Red Runestone
And I need to, everybody that owns more than 20 inscriptions should get it
You guys are getting so greedy with these airdrops these days
We don't go 12 hours without everyone getting an airdrop
And you guys are asking for more airdrop
Like, you guys just all got airdropped that game token thing yesterday
And like, what's the deal? Are you getting some BCC Machine airdrop?
The BCC Machine is trying to do it specifically a larger airdrop than Runestone
Just to overtake our title
So I'm actually gonna, I'm working on Loomdart
I told him he should do a high def blueberry just like the Runestone
With like some, with some like water on it
So he can like, you know, you can zoom in and like see the blueberry and like roll it around
And I was like Loomdart, you just need to do it bigger and better
And better than this guy Leo, this random guy no one knows about, his name is Leo
And you Loomdart, the influencer of influencers, the grandfather of CT itself
You could give everybody on all of Ethereum and all of Barcelona a fucking blueberry
And I think if we all tag him and ask him every day
Loomdart, when blueberry, like we're gonna get a bigger airdrop
Like 200,000 blueberries or something like that
Oh my god, when blueberry
When blueberry guys, when blueberry
Also, is this entire space a psyop to like distract us from the puppets?
I mean, all we've been doing is talking about shit from like a year ago
And like if Leo smokes weed and if Leo likes to get stoned
Like, why aren't you guys onboarding in world equality?
You're the one who asked that question
That wasn't me, I was talking about that
That wasn't me
I mean, look
Why aren't we talking about puppets, you know?
Like, why isn't that the front-end conversation?
Do I change the title to puppets can't be stopped?
Does that have to be weird?
Yeah, that's perfect
I've got decent airdrop ideas
Like, I'm not gonna be doing more airdrops
But if people want to do airdrops
Like that titanium Cheetos stuff you guys did
You drop 100k of those things to the space
I mean, that's probably a good idea
That's probably a pretty good idea right there
So just throwing it out there if you guys want to do that
And if you want to whitelist rude stone holders
Like, drop them to rude stone holders
If they would dig it
I know, straight up though
How much does that cost?
Like, what's the logistics on airdropping 100,000 addresses right now?
What do you think?
Give me one sec
I'm just gonna look at the mempool really quick
Give me like 10 seconds
Because I hear we can just do pre-sales
Where we tweet out addresses on Twitter
And say, like, send money here
And everyone says millions of dollars shows up
Yeah, that's not the move
The move is to do an actual airdrop to people's addresses
So right now, at 9 sat per v-byte
It would cost 0.7 BTC
Plus 0.6 BTC for padding to do what rude stone did
So fees are really good right now if you want to share it
That's really cheap
So what you're saying is you're working on another airdropper
You can drop a shitload of Cheetos right now
If you guys wanted to
And I can connect you to Ordinal's Vibe and make that happen
If you guys want to do that
I'm all for the airdropping
Let's do a ton of airdrops for airdrops, Samaria
I'll talk to my people
We need to be getting like $10,000 of airdrops per month
For this to be worth it
So let's fucking go
What do you mean for this to be worth it
The pain and suffering we went through
We went through the bear right
The entitlement of this airdrop shit is unbelievable
You guys are so greedy with these airdrops
We suffered through the bear
Now we need $10,000 per month from airdrops in the bull run
Let's fucking go
I mean I saw a tweet yesterday where I was just like praying to God
The SEC never sees this tweet
Someone was like
I don't do work
I let my runestone do work for me
You guys are so entitled to these airdrops
We've literally been
We've become extremely entitled
And our entitlement is only going to get worse
Soon it's going to become like $20k per month
We need $30k per month
Dude, these runestone holders are walking around
They run the fucking space
They're like I will not connect my wallet
You want my attention
You will drop it directly to my wallet
I don't pay attention
You're not getting any of my loyalty without dropping it
Straight to my wallet
Come on guys
They're giving you free shit
I don't want to learn the rules
The entitlement
I'm not going to play a game
Just drop it in my wallet
That's it
I mean people are going around here
The runestone is like the ultimate status symbol
You will bend down and bow to me
If you want my attention
These airdrops
They're just seeing all these airdrops
And they're like this airdrop isn't even remotely worth my attention
I've got a better airdrop coming tomorrow
The airdrop shit is out of control
We've got to do something guys
Leo, I've got to give you a thanks bro
So I totally floored one of those yesterday
And I swept the Le Popettes
And I gave away like 12 Le Popettes so far
So you kind of funded me onboarding a bunch of females
Into the Le Popettes community
So I appreciate that
I didn't have to go out of pocket on that one
That's actually genius
You really did onboard like so many women to the Le Popettes
That was amazing man
It was like I was blown away by DeGentra's efforts
And to find out the funding inadvertently came from Leo's sky rocks
This is incredible, wow
Magical Bitcoin rocks
Magical Bitcoin rocks
Futuristically rocks
So I think we have
I think early and then TomΓ‘s then too baby
Hey TomΓ‘s, sorry
One second, I want early to go
I think early
You're up right after, okay
Sorry guys
Yeah, you'll be up right after early
Yeah, y'all are friendly with the airdrops bro
I was going to say, airdrops me a house
I mean, somebody DM'd me, they said
This is a DM I got
I'm not going to say who it was
They said, I just bought a Model 3 and bought a trip to Disney World
Holy shit, it's like, let's go
It's pretty crazy, right?
Like, a couple people got a few Runestones
And just like, if you want to go for the ride, you can hold them
But if you want to sell it, there's nothing wrong with selling your Runestone
You shouldn't do something that's like
If you're feeling really nervous holding your Runestone when it goes from 0.05 to 0.04
Because this highly grammatical tweet came out earlier today
Then probably you shouldn't be holding a Runestone to be completely honest with you
You probably should sell the Runestone and go to Disney World
So there's absolutely nothing wrong with selling your Runestone
I don't want people being super nervous and freaking out and having anxiety about this dude's tweet
Like, ultimately, these things are very volatile
Runestone went way up, it's very likely it will go way down
And then we will see if it goes way up again
And then it will very likely go way down
And ideally the trajectory is going upwards to be the top meme coin in the world
And if it doesn't do that, it will be worth $0 at some point in the future
That is how space works
I think, Tomaz, you were waiting super patiently
Yeah, sure
Hey guys, once again, greetings from Poland
It's 7 in the morning right here
So I'm drinking coffee and listening to these great spaces
So I was quite, maybe, even very active in NFT space since 2021
And I'm going deeper to the rabbit hole with ordinals
Of course I've got my Runestone, but I have to buy it because I was a bit late
And this week, next week, sorry, we are launching on our YouTube channel some sort of ordinal show in Polish
Because in Poland there are only a few people who are talking in Polish about ordinals
So we want to activate more people to know more about the whole BTC blockchain, of course, ordinals
As I'm coming to New York City for NFTNYC, I wanted to ask if there is any event organized by you along with us
And maybe are you coming for a tamper wizard party?
So I'm not coming to NFTNYC
People have DMed me saying that they're trying to plan stuff for Runestone
Completely up in the air if that will happen or not
You'll see it on Twitter, if it does, I'll tweet about it
Ultimately, there's going to be a ton of parties
I hope you guys have a lot of fun
I have a lot of friends who will be there
Trevor, are you going to be there?
Bro, you're supposed to be chilling my pizza bus right now, dude
Oh, shit, yeah, exactly
Guys, if you're going to be in NFTNYC, forget the Runestone party
You can go, actually this is kind of legit
Trevor's like a legit pizza connoisseur, so he has these two buses
And they're going to be driving around to the top, I think, for essentially the best four pizza places
And all of the...
All the five boroughs, baby
The five boroughs, so this is no joke
If you want really, really, really good pizza
This is probably essentially the best pizza in the US
In the world, dude
I don't want to piss Italians off, Trevor
I spent some time in Italy, they would maybe disagree with you a little bit
But it's definitely the best pizza in the US
So, go have some of the best pizza in the US, Trevor, on these buses
Dude, that was a...
Trevor, I'm always disappointed
You want me to piss off our Italian listeners
You know it's like they're waking up right now
New York pizza sucks, and it's only because the water's dirty, guys
Get it right
Dude, the water is so good in New York
I mean, dude, listen
The real Italians will say that the New York pizza is pretty fucking good
Like, come on
No, I agree, no, no, no, I definitely agree
I'm just saying, there's people in Napoli who would be really pissed right now
If I said the best pizza in the world is in New York
Because the best pizza in the world has pineapples on it, okay?
Dude, those people will be pissed if you say the pizza in Sicily is good
Or the pizza in Rome is good
The pizza in Rome in Sicily is good
I mean, that's what I'm saying
Look, I'm not going to start
Like, we've already been flooded by this one dude
And then we just got flooded some more on this space
And then now we're going to get flooded by the Italians
Like, I'm not going to allow it on the space trip
Dude, it's a small country, man
You know, it's a small country of extremely well-dressed
Yeah, the small country happened to be the inventor of pizza
Extremely well-dressed people
I don't need Violeta coming up here and freaking out, dude
Beautiful culture, beautiful art
Literally the original Leonardo da Vinci, you know what I'm saying?
From this country
But, dude, the New York City pizza is better
Let's just be honest
I make a mean pizza as well
So that's on the table
But it's up here in Canada, so it's...
Canadian pizza?
Canadian pizza is ready
Is the Canadian pizza scene pretty good, Mr. E?
It's the best
They're sleeping on it
And you know what they say
When they're sleeping on you
You gotta tuck them in
So let's fucking go
You have to try Polish pizza
Because we put a lot of sausage and cheese
So it's awesome
Oh, let's go
Trevor, so do you have any issues with me
Ubering behind the bus
To just follow you guys, or...?
He's going to be hanging off the back of the bus
Trying to get...
You can probably just afford a pizza ninja
For that price, bro
Like, grab one
It's going to be like the intro
The guy's hanging off the back of the bus
And there's crazy music playing
And he's just trying to get a piece of pizza
He's on a skateboard, I think
Yeah, it'd be so sad
Honestly, it's going to be so sad
If you're just following by us in Uber
That would be so depressing
That is so depressing
That's like...
Trevor, aren't you charging like $10 for this bus?
It's like...
I thought I had to be a pizza ninja holder
And I don't think my world peace pizza ninja counts
As like the token gated
I was just assuming I was going to get denied
Does the prophecy get us on the bus?
Come on, let's go
Yeah, there's a website called Magic Eden
Like, you know, you go to that website
You type in pizza ninjas
You click the plus button
And then you click the sign transaction button
And then you get access to the fucking pizza bus, guys
Like, let's go
And a pizza satin
You guys should also spend some time playing video games
Also spend time playing video games on there
That shit's fun as fuck
Or crush your score at the worm game, y'all
Just know that
Yo, I feel like nobody has any idea what you just said there
We see that's the problem, though, Leo
That's the problem, you don't know
You guys...
You guys, if you get a ninja
You literally can play video games in your BFE
It's like...
Some pretty wild shit
I'm with Trevor
Like, if you want to get some very delicious pizza
At the NYC
The ninja is...
I mean, that's like legitimate utility
Like, let's be honest, right?
Like, that's...
Trevor's delivery is utility utility, yeah
That's...
That's gonna be dope
And I know, yeah
I think Teppert Wizards is having a Teppert Wizards and Quantum Cat party
And I'm sure there's gonna be...
I think there's like a halving party
Somebody's doing...
There's a ton of stuff going on, Ordinals related, so
I think we should call...
There's a milady rave
If you guys like to do that kind of stuff
I hear you guys like to, you know, get all sweaty in small rooms, so
Oh my god, please tell me that's a joke
Is that actually happening, or are you joking or serious?
That's actually happening
It's actually a milady rave
Oh my god, that's one
I signed up just to waste the spot
And I do not intend to go
It's being called by a milady
Do Teppert and milady's work?
Do those count? Are those valid?
I think it had something to do with like, the Solana milady's
Remilia, like, Retardio or something
I don't know
Interesting, interesting
The milady's are just trying to take over the globe
So they're everywhere now
I mean, if that actually happens
There's gonna be some funny footage out of that, I would imagine
Um, two baby, what's up?
Okay, thank you so much
Um, please, I wanna say, right?
Seeing the prize stones are right now
Actually, I could work over five years
On minimum wage in my country
And not make that money
So I'm not saying anything
I know it's a very hard task
But I could send you over my wallet
To like, scan and see that I'm a complete OG
In the autonomous space
Like, I've been real active
Both on Twitter and everywhere
But my actual Twitter got suspended
By Twitter for Famine Portal
So please, I'm asking
Is there a way I can at least
Even if it's get quite listed
To like, enjoy the benefits of holding wrong stones
Even if I'm not holding
Because actually, I'm putting a lot of work in this space
And I haven't been lucky with these airdrops
I don't know why
I've participated in over 50 airdrops
But I've never gotten any
I don't know why I'm not, like, lucky to be getting these
I think it is kind of luck
At least it could be
Baby, I think it is kind of luck, it sounds like
It's just like you got unlucky
Not getting a room stone
I would not read into it too much
It was a very broad algorithm
Nobody was specifically picked or not picked
Or something like this
And, you know, that's just sort of how the cookie crumbles sometimes
I'm sure if you were active in this space
And continue to be active
Eventually, like, you're going to get some airdrops
I would imagine
I think that's very likely
So, you know, awesome that you were here
You're definitely an OG
And I would not read into it too much
Or think too much about it
There was nothing specifically saying
Like, these people don't get it or something like that
That's not how things went down
I think, yeah, Ward and then Tomaz
Yo, yo, thank you for bringing me up here
I had a question about runes first
But then I heard there's like a guy from Canada
So I had to ask
Do they call Canadian bacon
Canadian bacon
Or is just bacon over there
You want to answer that?
I think it's ham
Mr. E is a cyborg
He's probably recharging real quick
I'm pretty sure it's just Canadian bacon to us
And it's just bacon up there
You know what the crazy thing is?
We have the best bacon up here at Costco
But, like, I went to the UK
I don't know what the hell they're doing with the bacon over there
It's like
It's the worst bacon in the UK, dude
Yeah, man
All of our British friends
You should be ashamed of yourself for that bacon
Seriously
What the hell is that?
It's almost like what people would call
I guess Canadian bacon
Only I think Canadian
What they call Canadian bacon
Is like a step up from
What the fuck, Raj?
And I say that with love
The most love
Yo, it is what it is
Thank you, thank you
Hey, but yeah, I just wanted to
Actually just mention something about
This whole ordinal community
Everything that's been happening
You know, being in the
In just collecting art overall
In, you know, some other blockchains
Didn't have the best luck, kind of disappointed
One of my friends, you know, he told me about ordinals
Back in February last year
And ever since then, it's been nothing but just
Collecting for the shits of it
And, you know, fucking around just to find out
And it leads us to this fucking
Amazing thing that's happening
It's one of, you know, not only thank Leo
But, you know, everybody that fucking makes this space
It's fucking dope
And let's keep on fucking collecting
And let's get fucking stoned
And see what happens
And yeah, let's get a fucking airdrop
Every minute of the weekend, Leo
That'll be fucking dope
Let's get fucking stoned
Yeah, I mean, somebody DMed yesterday
They said they intentionally sold their runestone
And then bought one back just so they could get stoned again
Because they hadn't been stoned in like two hours
So if you're not getting enough airdrops
You just lift your runestone and buy another one
You can just keep getting stoned as much as you want
That's an infinite stoned glitch
It's just perfect
Tomas, what's up?
Yeah, another question
Because there's a lot of scams in our space
So I wanted to ask if there's any official page
Where can I find and check if the airdrop is legit or not
So the runestone airdrop already happened with the inscriptions
Yeah, but for holding, for holding runestones
Yeah, so pretty much it's very chaotic
Because basically what happens is
It's all on-chain information which addresses hold runestones
And literally anybody can tweet out
Any project can tweet out saying, we're going to do a whitelist
We're going to do a free mint
We're going to do an airdrop to runestone holders
I intentionally do not want people to be coming through me
I have all these projects vested in me
And I'm like, guys, I'm not endorsing this one over this one
I'm not playing those games
You guys can come try to earn the respect of the runestone community
Do something that gives them value
They will likely reward you for giving them value
And that's the way to do that
There's, you know, I think somebody's put out threads of like 20, 30 projects
Are doing these sort of airdrop things
And you guys need to evaluate for themselves
Like, I am not going to sit down and sort of create a list
If I think this one's good and this one's not
Because then I'm effectively endorsing projects
So I'm trying to treat all of these projects equally
I do obviously have feelings about certain ones over another
And I'm not going to be too involved with curating these drops too much, okay?
So it's up to you guys just like, you know, there's projects that tweet out
That they're launching this project
You have to evaluate for yourself if you want to buy it or not
It's the same exact thing here
So be very careful, like, personally
Unless somebody has credibility in the space
And I know that person
I don't touch or connect to anything
So I just, I don't mint like new stuff I've never heard of
People I know and companies and projects that I'm already familiar with
Yeah, sure, but yesterday I was offline
And I was with my son on his tournament
And I've seen some fake Leonidas who put a tweet about some airdrop
He has, I don't know, almost 50k followers
So for the first view, I thought that it was you
But then when I checked his Twitter handle
I knew that it was fake
But I think that couple, maybe, I hope so
Not so many people have been wrapped
So yeah, there's always problem with checking eligibility for this kind of project
So that's why I'm asking
Yeah, so this is, sorry, I misinterpreted your question
So this is like an impersonation issue
And like a legal type online scam issue
So there's an issue right now
Where yeah, there's all these Leonidas accounts
It turns out it's very easy to just go to a third party website
Buy someone else's password for their Twitter account
They already have 50k followers
Change the PFP and the name
And then it looks a lot like me
So unfortunately, Elon has not addressed that issue at all
You can do that on Twitter as much as you want
What they do is they will reply to my tweets
And block me so I can't see them
So I can't, because I'm blocked, I can't unhide
I can't hide the tweet, the reply
And pretty much they'll also just tweet out from their own account
And give it a bunch of fake retweets saying
I'm doing this big giveaway thing
Connect your wallet and you'll get a free Leonidas Runestone
So they're targeting pretty much a lot of the essentially top projects
In the ordinal space right now
Essentially, I'm sure it's just one group of people
Who they figured out the technology to drain a Bitcoin wallet
Which they hadn't really figured out before I guess
And they finally figured it out
And they're now targeting Bitcoin community
So this scam always existed
It's happened on Ethereum for years
And it's very unfortunate that there's not like a setting in Twitter
Where if someone has, like if the AI should be able to really easily see
That someone replied to my tweet
And the accounts PFP and name look something like mine
And I have more than a certain amount of followers
That is like a super simple problem to solve
And it's very unfortunate that like the X team seems to not be prioritizing
Taking that seriously
Because they've been doing that to Frank for years
Right, they've been doing this sort of impersonation scam
For a really long time
And it's like super, super messed up situation
And it's like pretty much what some people are telling me is like
The only other thing I could do is after every tweet I put out
Say this is the last tweet
And then I'm not allowed to ever reply to you guys anymore basically
And that's literally the final step that I could take
I put announcements out in the Discord
People DM me these things, I blocked them
But ultimately like it's a very tough situation because
Twitter just doesn't have good tooling to basically stop this type of scam
Yeah, so I think that the best way is to go to Runestone Discord
And ask if there's project logic or...
Yeah, absolutely
Like guys, you're never just going to see a random ass tweet
With like a link to connect your wallet, right?
Like if I ever did something like that
It would be, everyone would be talking about it
That Leonidas just dropped this thing
If you're just seeing some random reply
That's not how...
Red flags should be going off in your head
This is way too good to be true
And I think most people are aware of that
The problem is these scammers just need to trick one or two people a day
And drain a wallet and make an insane amount of money to keep going
All you guys have to do is just check if it has equal amount
When you click Leo's profile it says 150 followers of people you know
Every scammer is going to have 0 followers that you know
Maybe one or two
And then you click and you say, oh, okay
Well, you spend five seconds using your brain
And usually it's going to solve the problem for you
Yeah, sure, you're right
But I've asked about some sort of official page
Where I can check some air drops
But yeah, you're totally right
That's the best way to check if someone of your colleague's friends
Is following this exact account
I'm doing this all the time
But I want to protect others
So that's why
Yeah, it's a really important point
I try to tweet it out occasionally and put announcements in the Discord
I don't have a great solution to this problem, unfortunately
If you guys like really organize
You could theoretically mass report the account
And quickly get it removed
But it still would sit up there for a few hours
And tweets have a several hour life cycle on Twitter these days
So there's not
Yeah, the team at X does not seem to be attempting to address this problem
And it's just going to get worse on this script cycle, unfortunately
So I don't have a great answer for you guys on that
Just literally be super, like, high, high alert, right?
I get an email in my inbox from Trevor last week asking me to do this thing
And I'm getting, you know, alerts are going off
Because why the hell would Trevor be emailing me, first of all?
And two, why would Trevor be emailing me asking me to do something I've never heard about?
So my point is, you just have to have a high, high, high alert in this space
Because scammers are just, they're like feeding off of us
It's, they're parasites, they're everywhere
You got to be super, super, super careful
This is draining issues, just getting out of control
So be very, very smart about what you're connecting to and what websites you're clicking on
Yeah, that's a good point
Also, like, if you, even on, like, Discord, they do the same thing
Where they'll, you know, they'll go into the Discord
They'll use the same name as, like, the moderators or whatever
In the Discord and then they'll drop a link
So just be careful, because, like, usually the moderators have a different colored name
So you can tell that they're moderators, right?
Like, two seconds of, like, looking, right?
Versus, like, the normal members might have, like, a blue or whatever color, right?
So just, like, kind of pay attention to little things like that
Or, like, DeGendre said, like, if it's on Twitter
Check how many, like, people that you know are following
If it's nobody, then it's probably, like, a total scam, right?
So, like, sometimes slow is fast, I think, in this space
You know, you don't want to just jump the gun and try to connect to things
And do whatever, and do the research after the fact
Because that's how you get burned, right?
So, yeah, do the research up front
Take a little time to check, and then you'll be safe
Are you sure that Trevor wasn't actually trying to drain you?
I heard earlier on the space he said last week he thought you were rich
And, like, he thought you got a thousand rune stones
So maybe he was just trying to get, like, five hundred of your rune stones in that email?
A hundred percent, dude
Yo, but the funny thing is I got the same email from Leo
Like, the same freakin' attachment email
It literally looks exactly like
I don't know if you guys saw that Izuki
The guy who got drained had a bunch of Izukis
He was, like, another investor in the space
But they, like, send you a PDF
Being, like, this is the latest stablecoin report
But it's, like, bad grammar and shit like this
But this guy actually opened it
And then it popped some malware into his wallet
So he signed a transaction that looked like a normal transaction
Like, he would go to OpenSea and it would pop up with the transaction
And it got drained that way
So it's, like, literally that same scam from, like, three years ago
That's crazy, yeah, and I know a lot of artists fell for that scam
Because, like, they'd have people say, like,
Oh, I'd like to commission something from you
And then they'd, like, send them a PDF
But it's not, it's not really a PDF
It's actually, like, a desktop background file
That I guess you can change to
Yo, that one was wild, dude
That scam was wild
That was actually, like, like, a serious social engineering effort
Where someone would spend, like, four weeks to drain you
Or something like that
That was nuts, yeah
Like, I got some people that I knew
And I was, like, holy shit
And then it turned to, yeah
Like, they could make the file look like a PDF
But it really wasn't
Like, that's just unreal, like
So, yeah, we've really got to be on our toes
This cycle, like, don't click things
You know, like, if you have to go through something
Like, check through the, I like to go through the Twitter
Like, if I'm ever going to, like, X-verse
I'll go to the X-verse Twitter
And then click the link through that, right
Instead of, like, Googling it
Because sometimes Google can get compromised, I think
Sometimes, like, some scam
One can be the first listed one
And then you click that
I've heard people get caught like that
So, man, man, oh, man
You know, I treat the internet like the biggest, scariest city in the world
And I like moving around big, scariest city, drive-by
The truth about internet security is, like, it's a personal issue for everybody
Like, everybody's security protocol is and should be a little different
Right? The minute we start all going along
Along the same exact security protocol
That's when all of us get ganged up in the wrong social engineering scene
Actually, that's a good point, man
You know, it's almost like decentralization
Yeah, so check it, like, imagine this, right
You're, like, rolling around a big city
This is how we act in this industry, which is the scary part
Like, you roll around a big city
You're just, like, knocking on random doors asking if they got deals
Right? Like, when you click on a random link trying to get paid
Essentially, that's equivalent to, like, rolling up in one of the scariest neighborhoods in the world
Knocking on the door and asking if they got a plug
Right? If they can hook you up
Now, like, none of us would really do this in real life
But for some reason, we use our fingers and do this online
And, like, when my friends get, you know, like, I'm a dad
And, like, when my friends get drained
Automatically, they hit their dad friend up
Like, hey, I got drained, like, what can I do?
And I'm like, nothing, really
Other than, like, now, like, shore up what you've been doing
And, like, then I give them that city speech
It's like, you would, you'd put your GPS on
Make sure you know exactly where you're going
And you're only gonna land at your best friend's house, your auntie's house
Or, like, whoever's, you know, chaperoning you that week
So it's like, people should treat themselves the same on the internet
Like, I click links every day
But I don't click links that I wasn't on my way to already, let's say
Like, I had it in the GPS
I'm ready to go there
I got my piece under the seat
Ready for flame, right?
But, like, I'm not going to drive into havoc
Right, so I think people should actually check themselves
Before they wreck themselves
Because, like, the internet is scarier than the biggest city in the world
You know, it is, like, literally the biggest city in the world
You should treat it as such
Dude, I love that
That's a great analogy
Yep, I really like the analogy
I agree, people don't treat this as seriously
It's like, you're literally doing all that shit
And you have, like, 100k in your pocket, too
It's like, the whole thing is fucked
Alright, Ford, what's up?
You know, a fucking really wild thing that you just mentioned, Mr. E, about that analogy is that
You know, like, taking away the biases that comes with being able to deal with people over the internet
In a way, also fucking exposes you like a motherfucker
I mean, I've gotten, like, drained
Or, like, scammed way too many more times than I care to meet over the internet than in real life, dude
At least we can fucking break some people by being a little bit judgy sometimes
Yeah, man, you gotta be so careful
And, um, I think, like, I was talking to some devs because I was, like, concerned
You know, can you connect your wallet with ordinals? Are you safe connecting your wallet to sites or things like that, right?
What some of the devs were telling me was that, like, as long as you're just signing, like, a message or whatever
Like, you're safe, but if you're actually paying a transaction fee, like, that's where things can get sketchy
Right? Because you're, like, actually authorizing
I don't know how true that is, but, like, does that seem right?
Like, as long as you're not paying anything, you should be, you should be good
You're not actually authorizing anybody to do anything, right?
I mean, the thing is, on ETH, that's not the case
But you're pretty much, it's like, you have to look in the wallet and actually read what the wallet's saying
Because someone could say, this is just a basic connecting your wallet, identifying who you are
And it can be a pop-up
And then your ex first, you're actually clicking a button that transfers Bitcoin
So you've got to, like, look in your ex first and see what's actually happening on everything
Yeah, that's true
And it does have a message that says that too, right? You can read, so that's a good point
Absolutely
So you've got to read what the ex first message is, like, that's super important
This whole thing of just clicking around, signing things all the time
If you are doing that, you better have a hot wallet
Like, you better have a cold storage for your valuable stuff and then a hot wallet
Because just clicking around all the time and having all your valuable stuff there, that's when you're going to get really screwed
So it doesn't matter if you lose a little bit of money in your hot wallet, ultimately
But it does matter a lot if you're, you know, clicking around a ton in your super valuable wallet
You don't want to be clicking around and connecting to too much stuff
Yeah, that's actually a really good point
And that's one thing that I kind of was surprised to find that I love about ordinals
Is, like, there's websites like Inscribe now or now there's Ordinal Genesis
And they basically allow you to mint things without actually connecting your wallet
Like, you can literally just, you can either, you can choose to pay with your wallet by connecting it, or you can say, pay manually
And then it will just say, like, send the Bitcoin to this address
And, like, within a few seconds of you sending the Bitcoin, it'll say, okay, we've detected the payment transaction
Now we're going to start inscribing the ordinals
So it's really kind of interesting, it's almost like, it's, like, risk-free to do either Inscribe now or Ordinal Genesis mints
Because, yeah, you don't have to connect your wallet at all
You just literally tell the receiving, you say, this is the receiving address I want
And then it generates an address for you to send the payment to
So it's, like, really, really interesting that there, like, I never saw anything like that on ETH
Or it was, like, just send the payment to this thing and we'll send you the NFT
And it's, like, you don't have to connect anything
So I kind of like that, I feel like you're a little safer that way, right?
Yeah, it's a good point, there's, like, a triangle situation going on there
That's sort of the risk situation a little bit
But, ultimately, this all just comes down to being, like, really, really aware when you're doing stuff, right?
Like, people, before this drainer things become super prevalent, the OTC scams were prevalent
So people would pretend to be, for example, me and message people
I probably got a dozen messages in the last year asking, is this you talking to me on Discord about doing a trade?
In all the instances it was not me
And it's somebody pretending to be me, just messaging people they see in these Ordinals Discord
And, you know, they're going to have you go first
And then, because they think it's me, they're like, oh, I trust Leo, so it's fine
And then, of course, they don't get their thing in return because the person never had it
So you've got to be just super, super careful here, guys
Like, we, you really can't talk about the scam thing enough because it's happening too much right now
And people are not, people are not adequately aware of the risk of these scammers right now
It's just terrible, it's really, really shitty
I would definitely be very, just high alert about everything
Everything you need to be questioning before you sign anything you're reading at an X-verse
Before you click links on Twitter, you're really thinking, is this the real person? Is this the real thing?
I would even go further than that and say, don't download files
If you're not, like, technically capable and, like, you don't know what a PDF file is capable of
You probably shouldn't be downloading PDF files in the future, just accept it
Or get a different computer, like, have a whole other computer for your crypto
Than you use for anything else, and then you're safe
Like, if you have just a normal old computer that you're a little shitty laptop with no crypto on it
And you're clicking links on that thing, like, nah, it's not really the end of the world, you know
You could download a virus, it's not gonna, like, necessarily have an issue
But if you download it on your crypto computer, yeah, you're gonna lose all your money
Well, I think, frankly, like, you know, and I have to force myself to do this
It sucks to do it, but it's good to do regular, at least, like, once every two months
Is, like, take everything on your computer that's important to you
Put it on your hard drive, like, back the shit up in a time machine, whatever you have to do
And then wipe and reversion your computer from scratch
And it's the cleanest thing anyways, the cleaning your room
It's fucking sweet
No better feeling than having a nice, fresh computer with everything you actually want on it
And all the garbage gone, right?
And that's, like, a really easy way to, like, just, like, clean your slate
Like, also use the tools that are already available to you on all these different platforms
To, like, actually clean your shit up
Like, like, self-auditing is huge, but, like, if you're fucking with big bags
You might wanna, like, get to a real auditing firm and have them audit your shit
If you're, like, daily, like, throwing around 200,000, 500,000, a million dollars
Like, it's worth the 10, 12 grand to go pay somebody to do the shit right
And make sure everything's secure
Because, like, the last thing you wanna do is have one of these guys get you for 20 mil
Because you actually came up, and then they're targeting you
The minute you got that much money in one place
Like, guys that got the brains to actually get you
Are now after you in a group of five
So, like, remember that
Like, they're chilling in a discord all silent, like, trying to get you
And this isn't to scare you, just to make you prepared, you know
Because, like, remember, like, when a dev comes to save your ass
Or an auditor comes to save your ass, like, your lack of preparation is not their emergency either
And they're gonna charge you up the ass if it needs to be an emergency situation
So, lock your shit up and, you know, use your cold storage properly, guys
Yeah, great callouts, I appreciate we had that conversation
I wanna ask Jake a question now
So, Jake, are you there?
Yeah, is there? It was good
Yeah, so, did you have a chance to look into that sphere situation
And, like, the pricing and that kind of stuff?
I mean, Jake, I'm not joking
Like, what's the situation? Did you get to look into whatever?
Are you gonna hook us up?
You know, let me, I'm gonna go call, I forget what his name is
The owner of the sphere, he owns the New York Knicks
I'm just gonna text him tomorrow and let him know that we need to get stoned
And that the world needs to see it on the largest screen that exists in the world
It's just gonna be, like, $650K, do you think we can airdrop him some of those stones from those wallets that you've been hiding?
I'm not sure, I'm not sure that's gonna be able to work out, unfortunately, because of the situation with me not holding the addresses
But, what's the deal with that thing?
So, wherever you live, can you, like, when you're in Vegas, can you just see that thing from everywhere?
Because it's so bright
I can literally see it from my apartment, I live downtown
I could literally see the apartment right now
The light pollution around this thing is quite wild
Yeah, I was about to say, I would imagine it is probably really bright
Like, it's shining into the other buildings, isn't it?
Yeah, so I'm about, like, a mile and a half away from it
And it is, it's quite bright from where I'm at
You can literally even see it from a plane when you fly in
But, I did ask, so one of my friends actually works for corporate for the sphere
And as long as you give them 650k, and there's no, like, provocative stuff around it, they're about it
It's 650k, gets you a week, and it's intermittent advertising
And you can even request, like, a certain time of the day that you want it to be shown at
I know there's, like, different premiums for, like, the night
And then they get, they have, like, a camera set up across the street that they record
And they do, like, a bunch of marketing and stuff for you as well
Or you could do one day, it's 150k
Okay, so you're saying it's not the full day, though, if you did 150k for the day
Because there would be, like, other stuff showing
You would get, like, a certain percentage of the day
Or something like that, right?
Yeah, correct, yeah, it's not the entire day
You have to share it
That's just expensive, dude
It's interesting because the way that they market or advertise it is by the amount of views
And, like, the amount of eyeballs
And they rate it based off of, a lot of it's through the internet traffic
And they rate it through, like, all the different social media platforms
And the marketing companies that they work with
And then they include the people who are walking by it
And it's, like, millions of views
And they get this, like, very wild number of $150,000 for one day
Do you think they'd take into account, like, how many blackout trunks are there, like, in relation?
No, I'm kidding
That's fire, though
I think, like, communities should, like, all gang up on that
I mean, they're throwing $20 million at whatever
To just get burnt to whatever
Like, that seems like a good place to burn, you know, a million dollars, if you ask me
Yeah, I mean, let's fucking go
That's the most puppet thing that's ever happened
Like, they didn't know it was a crypto project, so the puppets get through
Like, that's just, like, the ultimate puppet lore, like, yeah
Yeah, they didn't use one of their offensive puppets, either
It was, like, a really friendly-looking puppet
But, yeah, like, I don't know
Like, I don't know
I don't know
I don't know
I don't know
I don't know
I don't know
We're 0 for 1 on the billboard, so
If people want to organize that, it would be pretty sick, right?
Maybe we should
Jake's got to hook us up with the details
I'm trying to imagine the creative director of that company, like, looking at the puppets, like
And just, like, what is...
Just trying to imagine the conversation around that table right then
Imagine being in Times Square, you look up, there's, like, all these, like, beautiful people
with their cologne
And there's, like, a giant Coca-Cola, and then you look at this
It's like, what is this shit?
There's nothing to do, like, there's no context
It's not, like, buy this, buy that
It's just this puppet, dude
And it's, like, I mean, it's good part
It looks like Microsoft Paint
Took a shit on the fucking billboard or something
No, that's exactly what my little brother showed him
He said, did they do those in MS Paint?
But he didn't say, like, all, like, angry or, like, disgusted
He said it, like, all curious, like, did they do that in MS Paint?
I think he saw the volume before he said it, too, though, you know
He saw how many bitcoins it had, how many bitcoins
Dude, puppets are doing well, like, puppets are doing well
Dude, puppets are, like, number nine in the world in the NFTs
Like, that's not something to mess around with
I mean, you can shit on the art all you want, but you cannot deny
There's no reason, like, dude, like, art is what you make it with
How you take it in, like, you know, it's expression of, you know
No, I agree, when I go into the puppets
That's what they're talking about, they're talking about self-expression
And they're talking about the conceptual nature of the project
They're all having these deep academic art conversations in there
So I completely agree
Well, like, the first time I saw Basquiat, for instance, like, I didn't like it
I cringed, I was like, like, this looks like a five-year-old, did it
And then, like, the more you look at certain things, the more they grow on you
And I think that's, like, the magic of certain art
It's, like, it doesn't have to be for everybody, but as long as it's for you, it's dope
And that's the fun part about, I think, art appreciation is, like, when you start to appreciate things
Like, music, especially for me, like, I try to find what I like in a song, not what I don't like in a song
Right, because that's an easy turn to make for me
It's like, I might hate the song at first, but then the minute that happens, I try to train myself to be like
Now, what is everybody liking this?
And then I find that, what I actually like in it, that everybody else might
You know, and I think, like, that's the beautiful thing about just sharing art in general
It's like, you never know somebody's response
You might be fucking deathly in love with something that your friend's like, oh my god, that's disgusting
You know, and there comes the conversation, the growth, I think, in humanity
I think puppets are really the only ordinals collection I've seen that's had a really strong derivatives meta
I think puppets have done, what, now four or five different collections that have done pretty well
I think we're up to, like, six right now, actually, on the top 20
I just want to clarify that misinformation
So you're telling me the top 20 ordinals collections by volume right now
Six of them are puppets related, or five are derivatives, right?
Yes, yes, we are actually taking over the blockchain
I'm checking that
I'm going to check it
It's like a $24 volume right now
Yeah, so fucking...
So you're basically telling me that sweep lip puppets is what you're telling me
Okay, I caught the whiff
Yeah, yeah, I wasn't trying to be obvious about it, but if you want to put it out there like that, yeah, definitely
Okay, so I'm looking...
There's been, like, little puppets, there's been...
Yeah, Bitcoin puppets is four
Little pups is, like, seven
Not puppets
Room Pups is nine
Lip Pup Bats is, like, eleven
So that's four
So Opium is, like, fourteen, that's five
Puppet Maxie Biz is, like, fifteen or sixteen
So that is...
Actually, Leo, Leo, when I lie to you on your own space
No, yeah, I mean, look, I need to pay more attention to the space because I didn't know that
I knew the lip puppets things, I see these...
I see these things on my timeline
And then I...
Obviously Opium's legit
Like, I've always been saying, like, how is it pups?
You guys realized the puppets flipped Opium
How just messed up that was, right?
Like, what are you guys...
Like, what kind of collector base is this?
That's the OTA board
The problem is that, Leo, is that we never taught the puppets how to do math
There was this one guy in Discord who, like, tried it for, like, the first week
And then he realized that all these puppets are not gonna learn math
So he gave up
He hasn't been in Discord since, I think he's a little scared now
They don't understand that there's, like, nine thousand less of the Opium
One of my favorite things about the timeline now is just watching Yala Habibi flex some motherfuckers
Like, I just love this shit
I sit there, I have my coffee some mornings
And I just scroll through Yala's frickin' tweets like, oh, yes, this is fuckin' amazing
Fuckin' inshallah, he made it, bro
Like, big ups to my boy
I'm drinkin' coffee to him right now
Oh, man, I love those motherfuckers out there
Doin' the timeline good every day
Oh, my God, I've seen this collection now called Cox
Guys, this is what happens to me
But I, like, I haven't been, like, collecting or trading too much, like, this week
So I'm just, like, going through this
Like, what's happening to the space?
I made an unhinged collection
This is unbelievable
What are you guys doing?
We made Bitcoin cyborgs
It's a new collection, also, and it's just, it's just crazy
Who's behind this?
What is Cox?
Leo, don't let him shill his cyborgs, please
Let the floor go to zero
Also, Leo, you clearly haven't heard of the pink eye movement, okay?
I'm not gonna expand on what that is, but I just want you to know
There's a pink eye movement going on in the chain now
Pink eye cannot be stopped
You're talking about instead of, like, Orangizer or the OMB stuff
Somebody did a derivative
I'm talking about when you bend over and you fart on
When fart on your face, you get pink eye, right?
But in the digital blockchain format
Because we're just being lazy
But you can self-inscribe your own pink eye
And we will index it for you
Onto the pink eye collection
So you just accused the cumulot pink eye
It has to be on an uncommon, though, because we are bougie
It's an uncommon
Uncommon pink eye is interesting
Yeah, I'm just scrolling through
It's just an interesting state the market's in right now
Because you get a lot of pre-rune stuff
You got this puppet shit taking over for some reason
You've got, yeah, like, Quantum Cats
Node Monkey, or no MaxiBiz
Like, the Nat Cats people, all the bitmap people are doing their stuff with the Nat Cats
Cox, first time ever seeing that
The Pepe's
Did you see the toilets, Leo?
You missed the toilets, didn't you?
The toilets?
I don't think so
I'm really dope, toilets on the chain like a month and a half ago
Aw, man, I don't even know what they're called because they died instantly on launch
Yeah, I was about to say, dog, no offense, but it's not showing up here when I'm booking
Oh, it's total dog shit collection, but, like, it was hilarious
They were, like, trippy toilets or something, it was funny
Did you get a bunch of those?
Hell no, I would not know, no
I meant fine art like puppets, guys, okay? Don't put that on my name
Yeah, good, good, I just had to test you, just had to find out
We draw the line of toilets, I got it
Tomas, we're not doing hands anymore, you can just talk to him
Thanks, I wanted to ask about another thing because I'm mostly in the art, so I'm collecting digital art
And I wanted to ask you if there's, if you know any projects, projects which are giving some sort of passes
And then you can mint digital art from artists on Bitcoin, blockchain
I've got some glitch code passes, and maybe you know any other projects which are launching digital art on, or, you know, by inscribing
So you're saying there's like a path where it's giving you the ability to mint different projects that are art?
Yeah, no, no, you're minting different art from different artists
So last week I've minted, I've inscribed three pieces from three different artists holding glitch codes in my wallet
So there's some sort of paths to mint every, I don't know how to say, package of art minted by artists
So I wanted to ask if there's something that you know, maybe other projects which are making some sort of...
You know, the only thing that I know close to that is what the Bitcoin sideboards are doing right now
They've gotten the white list for several projects right now
They've gotten the Bitcoin hamsters, 100% of the holders were whitelisted for that, as well as the laptopettes, 100% whitelists
They're punching above their weight class, and you know, we're not gonna stop, we're never gonna stop
I think you're talking about the Joseon Pass?
Yeah, don't let him do that
Leo, if you let Mr. E. Shill, he'll do it all day long
This is what happens when I say no hands, people just start showing their projects
Let's keep Shill, let's keep Shill
You guys want to talk about other projects, you have to give Runestone holders whitelists if you want to talk
Facts, facts
There is the OCM Pass, I don't know if that's important, but they just minted that the other day
And it's like this like, there's different tiers to the Pass
I don't know if they're gonna do it like separate artists or something, but they have a Pass
There's an Ordinal Revolution OG Pass, which is like shizzy in his YouTube show
And then there's one more, I don't remember what it's called right now
But there's only like three or four of them really in this space right now
I think Bean, Bean has a based Pass, you know who Bean is
It's like get access to his chat, and then he's just the artist in the Ordinal Space
He's doing the hoodies, actually, these hoodies that you guys see in the crowd
All these like scary hoodies, these gangsters
Yeah, he's working on it, but you have to list it above a Bitcoin though
I'm seeing a lot of people with those, can you explain?
So it's actually a gang literal
Bean, just come up here
Yeah, yeah, yeah, explain
If you want a hoodie, you got to send Bean feet pics apparently
And if you list it under one Bitcoin, you get unindexed
Yeah, he takes you off of magic
He will unindex you
These are pretty cool, I'm not gonna lie
I've always been, I obviously have the hoodie on, right?
And I've been a huge fan of the hoodie meta across all collections
And I mean, you're gonna have a hard time convincing me that
The rares and collections are better than hoodies
So do it father, you got your hand up
We'll try to get Bean up here in a little bit
They're probably, yeah, they're probably just like in the space but not totally listening
Do it father, what's good dude, how are you doing?
Yeah, I just woke up and saw the space and thought maybe that's something
And maybe I can find someone who is just summarizing the last five hours or so
That I'm up to speed, that I'm not repeating everything
Yeah, I just saw that yesterday before I went to bed
And then you guys destroyed my whole sleep
I was then thinking about some test battery to really look into the data
Because these accusations typically come without any data
Just like throwing something at the wall
And so I have some ideas but it's not that easy
But I think we are in blockchain, right?
For some, in Web3 for some reason
And I mean, I would really like to have a look at some data points
And hopefully I find some time today
Everything is better than doing crypto techs, right?
So it's pretty cool
So let's have a look whether I can find something interesting
Yeah, Dogefather, here's a summary
Runestones has been taking L's all day
Basically, this puppet collection was able to get on the Times Square billboards we weren't
That was really just a very aggravating experience
Then this guy put out the most well thought out investigative
Journalist research report on Runestone I've ever seen
So that was just having a really difficult time
Fending off these very hard to deny attacks that were made today
And then here we are, and it's 3.07am
And we're talking about Cox and the puppets
And that's what's happening
So if the jokes aside, if you could actually analyze the 112,384 addresses
That would be pretty sick
Because you could probably give a pretty nice breakdown
Of the collection distribution
And there's probably some interesting facts you could have there
I would imagine most of them were just spread out from activity all over the last year
And it would be interesting
If there are 10,000 that were freshly created last month
Or a month before the airdrop
I would like to know that myself
So yeah, I think there's probably some interesting analysis to do there
And just seeing address age, address activity, collection tell
Like what they're doing, this kind of thing
If somebody suspiciously has 1,000 addresses with the same three random things in it
This would be a great way to prove that somebody who knew something was up
Do the analysis, I'm fairly confident it's too hard to go back in time and do this kind of thing
And you have to be a genius to plan for this specific thing
But I would like to know if there's just for some random situation
Somebody that was eligible with a bunch of addresses like more than 100
I've seen a few people say they got like 50, 100
But if there's somebody with 10,000, that's something we should find out
I would assume somebody would have found it up by now
Because that's just like 1 out of 11 addresses you'd click it
And it would be like the same pattern
But I would love to see some analysis there
You're obviously the goat of doing that
You and Ordata have created some awesome stuff
Yeah, exactly. That's the idea, right?
You just look before the snapshot date
Whether there's anything like odd pattern
You know, something like
If this is like really planned
The cheapest way would be just to inscribe some very tiny image files or non-text files
Just three, right? That you don't overspend and then you spread it out
And that would be typically in new addresses
So we have wallet H already in our Ordata dashboard in there
Though it's not too complicated
We would just look at time series pattern
Where you see that the number of three inscription wallets
Just peak in terms of creation right before the snapshot
While afterwards it's not
And this pattern is not observable for something that is pretty much related
Like two inscription addresses and four inscription addresses
Where you don't see that pattern
But that would look suspicious
And yeah, let's see
I don't know how much work that is
But let's see, I will start something preliminary today
And maybe Ordata can take over next week
If he's not too busy
I'm just imagining
Captain's listening to this recording of this space tomorrow
Just on his couch listening to the whole thing
And then he starts hearing you talk and just starts sweating
Just like getting nervous
Because everything you said just sounds so legit
Yeah, you should do it, dude
Hell yeah, do it
You guys do know that guy is one of the puppets volunteer community managers
You probably shouldn't trust anything that comes out of his mouth
Or goes onto his tweets
He's a fucking puppet
We're probably going to wrap this space up in a second here
I don't know
It's getting late
And I feel like we've established Runestone cannot be stopped
So appreciate everyone for coming and hanging out
And on a little more serious note appreciate everyone
Kind of just protecting the project today
I got to say I enjoyed the stoning of Leonidas big time
This has to go down in history
The stoning thing obviously is to play on words about getting baked
But it translates in every language to are you ready to get stoned to death
So apparently I've been tweeting out are you ready to get stoned to death
For like most of the languages around the world
Because they don't have the idea of the marijuana angle
So yeah, I mean look
We need a description that describes today
Like a picture of just Leonidas in the middle
With like all these rocks coming
All these like Runestones coming from all sides
Like at him
Like that would be the perfect inscription
And then we could put it on gamma
And Trevor could allow us to emit like another 30,000 of them
And we'll call it the sacrifice
We don't need to do that
I'll tell you this
So I called my old basalt plug from back in the day
He has a lot of bit
I'm joking
He has a lot of Bitcoin
My favorite friend
And this guy
I told him about Runestones
And he looked on magic
And he said
This is it
And that's all
That was like
That was the bit of the conversation
Like I told him
He had no clue that
These things
That this was even a thing
Ordinals were even a thing on Bitcoin
So I encourage all you guys
Just like blow your friend's world bro
Like you got that old
Old basalt plug from back in the day
Holler at your boy on Facebook
Like hey you still around
You got Bitcoins here
Check this shit out
Because a lot of them like don't know
And you know
If you want to help yourself
Help them
Excellent
Excellent advice Saul
On that note
We're going to wrap up your
Jake Priscilla co-hosting dude
For some reason
Trevor wouldn't let me
Invite you to co-host
But appreciate everyone
For sneaking around
And appreciate everyone
For having my back today
And you know seriously
I think these are
Important conversations to have
Keep asking questions
We're going to keep moving forward
Super excited for the having
Super excited for Runestones
Meme coin
It's going to be an epic year
This is unprecedented
What's happening on Bitcoin
And this free and fair meta movement
That we're pioneering
And pushing forward
I think it's starting to resonate
And this is going to be really fun
So appreciate all of you all
Listening
So late at night
And we will talk soon
Monday 10 30 a.m. Eastern time
We're going to have the ordinal show
Come through
Interviewing
Ghostface Killa on Friday
And I'll see you guys later
Have a good one
Ready to get stoned Leo?
I'm ready to get stoned
See you guys