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THE DAILY ALPHA♻️
Recorded: May 21, 2025 Duration: 1:51:31Space Recording
Short Summary
Bitcoin hits a new all-time high of $109K, signaling a bullish trend as institutional adoption grows with Texas establishing a Bitcoin Reserve Fund and Russia recognizing Bitcoin as property. New projects like Seeker and Frankie Go are set to launch, promising innovative integrations in the crypto ecosystem.
Full Transcription
Thank you. What is up, ladies and gentlemen appreciate you guys stopping by the daily alpha there's nothing
going on in the space so you might as well be here right but we appreciate you guys stopping by
uh the show we host the show tuesday through saturday from 10 15 to 12 we have the topics
pinned up top what we're going to talk about we We'll talk about some of them. We might not talk about any of them.
Like and repost the space.
More likes, more repost, the more alphas.
We have Allison's thread up top.
If you guys can give that a like and repost, that's everything we discussed yesterday.
It's a new forum thread that she's doing. It's sleeker, less links, just to keep you guys updated on everything that we have going on in this space.
And it's no surprise.
Bitcoin just broke all-time high, $109K.
It's looking great.
Yeah, I think what is kind of driving this this morning,
what was happening in Japan, from my understanding,
their treasury yields are going berserk.
And this is what I was kind of listening to Arthur Hayes this past weekend on the Bankless podcast saying that no one is going to buy treasuries because they are worth nothing anymore.
Because for Japan to get out of this crisis, they're going to have to print more money, which will cause inflation, or they're going to have to raise interest rates, which no one's going to want to buy the debt.
So what is happening, from my understanding, is people are taking their money out of treasuries and going into safe haven assets that have scarcity, which is possibly real estate and what is Bitcoin? So now people are basically taking their money out of government debt and now putting it into scarcity items like real estate and Bitcoin, which is kind of the purpose here.
So that is kind of what is happening from my understanding. A lot of just very confusing stuff.
Like I'm not a macro expert, but I did find some threads and stuff of what's actually going on in Japan.
And I think you can understand, you you know what is going on here so i'll kind of kind of read
what what what just happened in japan and why this is kind of making us go higher because i feel like
a lot of this stuff people have been put in the treasury is now going into bitcoin which is driving
up the price like this morning at three o'clock in the morning, we broke $108K. And that's right when Japan and all that was going through this. So
the Japanese sovereign bar market just sent a global warning shot. Japan's 30-year government
bond yield has surged past 3%, a historic move that marks the highest long-end yield Japan
has seen in modern times. But this isn't just a domestic policy. It's a structural stress
signal for the entire global market. Here's what it means. For decades, Japan was the anchor of
low-yield, low-volatility sovereign debt, and the BOJ's yield curve control policy kept long-end
borrow costs artificially suppressed, even with a staggering 260 debt- GBT ratio, that illusion's now unraveling.
The long end is breaking free because the short end can't move.
The BOJ remains trapped.
If it raises rates to defend the yin or cap inflation, it risks triggering a fiscal spiral via exploding debt service costs.
If it holds rates down, the bond market imposes its own discipline by repricing
duration risk volatility. This 30-year breakout is not a bet on growth or inflation. It's a market
pricing and sovereign credit fragility, and is doing so in the country that is long considered
immune. Why it matters globally. Japan holds over 1.1 trillion of U.S. treasuries. If Japan institutions
are now forced to sell foreign assets due to domestic debt at rising yields or defending the
yen against disorderly decline, this becomes an American problem too. The structural foreign bid
for the U.S. long end begins to erode. This is not an isolated event. It is the first developing market bond revolt
in a world where the debt loads is no longer sustainable without central bank suppression.
Japan has become the test case for what happens when the market calls sovereigns bluff on
fiscal sustainability. So what's next? Does the BOG renew on long end with stealth QE? Will Japan insurers' pensions begin offloading
U.S. Treasury at scale? Is this the beginning of a larger sovereign bond repricing cycle?
This is not about Japan. It's a signal that the global debt machine is approaching its structural
limits, and then the next liquidity cycle may not be voluntary but forced by sovereign fragility.
So that is kind of what's happening.
We've seen this kind of with China, with their deflationary issues recently. And a lot of those
people basically putting their money into gold because they're like, well, our currency is
devaluing. We need to put it in something that is actually structurally sound. And guess what
went up ballistic this morning in Japan? MetaPlanet. And what does MetaPlanet have on it?
It has Bitcoin on its balance sheet.
So the only way that they could spend their yen
in the stock market is in putting into MetaPlanet,
which has Bitcoin as part of its treasury.
And right now, MetaPlanet is the most shorted stock
in all of Japan right now.
And it's giving like short squeezes like shit.
It's becoming the GME of the stock market of Japan right now. And it's giving like short squeeze. It's like shit. It's becoming the GME of the stock market in Japan right now. So you're going to see a lot
more of this. Um, like I said, people are taking their money out of government debt because there,
there's no way to basically pay off this debt. Like the, the quiet part is now being out,
staying out loud. There's no way we're ever going to repay in this debt. So people are like,
fuck the debt. I'm not going to take this 10 year you know 10 year
treasury yield and make you know one or two percent i'm going to take my money out of this
and i'm going to put it in something that's scarce and people are now looking at real estate
well they're realizing that the debt ain't shit like you're saying like the debt's not i mean no
one's ever gonna get to the we just keep adding, right? It doesn't seem like we're paying that shit down ever.
Yep.
So now you're seeing basically everybody sell their treasuries around the world.
I mean, it started last week with, you know, America.
Now Japan's doing it and everybody's doing it.
Now, where's that money going to flow?
It's going to go into scarcity.
And that's why Bitcoin is now
repricing higher and higher. So this is what Bitcoin was made for. But this is also just
happening in Japan right now. And this is probably what's going to send us into some kind of 08 kind
of financial crisis and what's probably going to dump the stock market for a temporary few weeks.
Obviously, the government's got to print money. we're probably going to have some black swan event sometime in the near future so this is why people
are fomping into the stock market right now and this is probably you know eventually will come to
our way and into our financial systems and probably create some kind of bear market here temporarily
then you know the government will start printing money and then that money will now you
know the rates will get lowered and then now that money will flow into risk assets and then pump us
out of it and then we maybe see like a covid style dump and pump out of it so i do think we're
probably going to see us get to 120 to 130k um this summer and then probably kind of collapse
here sometime during the fall and maybe bounce back in 2024 or 2020 into 2025.
Have like a Santa rally and then some kind of recession kind of style event in 2026.
We'll probably be drawn out for a few months and then, you know, they'll have some printing and then we'll probably bounce out of that.
So this market is very fragile.
And just because it's euphoric right now, you guys, you know, take some profit
on the table because eventually this is all going to collapse and you're going to want to have money
on the sideline to buy these black swan events. Those are the best times to buy. So yes, crypto
is here to stay. Bitcoin is serving as what it's meant to be, but doesn't mean that if we have a
black swan event, that Bitcoin won't also collapse. And you guys want to have some money on the
sideline to buy those dips
because those are like generational buying opportunities.
So I think what's happening in Japan is really kind of doing this.
But I mean, just in general, I mean, the market is super hot.
Sentiment is high.
Announcements are all over the place.
Trenches are hot.
NFTs are pumping.
People are coming back to the market.
So sentiment-wise, even if the Japan thing didn't happen,
I still think we're in a bull market. And I've been saying that for a while. And I do think
July 8th, when all these trade deals get announced, I think that is somewhere we need to be looking
to take profits. But maybe it trickles into August. But I don't think this lasts longer than
this summer. I do think we maybe capit take, we kind of maybe capitulate here.
I think maybe we go to 150, 160K.
We go back down to maybe 100 and then kind of stay there for a while,
maybe go below.
And then, you know, at the end of the year,
maybe we have like a blow off top to 200K.
So that's kind of what I'm looking at.
It's exciting.
I mean, we've been sitting here.
We were at 77K like two months ago.
Everybody was leaving the space.
Everybody's capitulated.
And now we're breaking all-time highs.
And this is perfect.
Like retail is nowhere to be found.
And the institutions are sending Bitcoin to all-time high.
And it's just like the silent bull market.
And people are going to make a lot of money.
And it's just kind of unfortunate that retail has no idea this is going on right now
and that they're going to be having to buy higher and higher.
But I mean, there's a lot, still a lot of sideline capital.
We really haven't had a retrace.
Last week, we were like, it would be healthy for us to go back to 97K.
So these people that have their stable coins could get in.
But we would just have been going higher.
I saw that we printed another $2 billion worth of stable coins this morning.
So a lot of these people are just going to have to buy higher.
And that's a lot of liquidity that's ready to enter the market.
So I don't know, Chief, how are you feeling, man?
I mean, it's a great day.
I don't want to be too euphoric, right?
Like, obviously, $ 109K is amazing. But I mean, I just think macroly in the next two to three months, I think, you know, the bull runs here. And this is kind of the time where we see a lot of these, you know, this banana curve that people have been talking about.
I think that the under all thesis has never changed, right?
There's days that it looks scarier, but I always take those days as ways to reassess my portfolio and ensure longevity.
I mean, that's what we talk about is just there's opportunities aplenty.
You've got to be around for them, right?
I mean, if you would have capitulated because things were too bad, you were overexposed when we were at 77, you wouldn't be here at 109.
So we've seen that over and over year after year right it's just the
the transferring of money from the inpatient to the patient so i don't know every time we hit this
it is a euphoric feeling because very few things in life are you right when everybody around you
is telling you you're wrong right like when you're crazy and shit, that happens very, very few
times, right? And
so, every time that we get kind of
this confirmation that we're on the right path,
I just need to make sure that
alright, cool, how do I stay on this path?
Right? That's always what I assess.
It's like, alright, cool, if this is working out,
if the thesis is working,
then what do I gotta do in order to make sure that
I stay in here and take advantage of these opportunities?
I still think Bitcoin, I think we're not that early to Bitcoin anymore.
And I think we just had that chart that came out yesterday that Bitcoin now outpaces gold in American ownership.
Roughly 50 million Americans now own Bitcoin, 13 more than those who own gold. The implication is Bitcoin
no longer is just an asset class, it's becoming a reserve asset. And if you look at stock market
and how many Americans actually hold commodities, it's around 13%. And then if you look at who
actually owns Bitcoin, it's around 8% to So like, we're really not that early anymore
to Bitcoin itself.
I think everybody kind of understands it.
You could see like ownership's more than gold.
I think what kind of the next phase here is-
But wait, I will say this.
You're speaking based off of stats and numbers
and I would almost agree too.
But now apply it to yourself, bro.
How many people around you?
Because I mean, if I was to put myself in this situation,
like the comparison today, right, that went out,
I forgot, Whale Watch or someone that said,
Bitcoin's bigger than Amazon.
Obviously, I posted that on my Instagram and shit.
I can guarantee you that 90% of my feed
doesn't know what the fuck Bitcoin is,
what it does or how it works.
But apparently it's bigger than Amazon.
Right?
So it's one of those things that, yes, we think that we're late in terms of us.
But in reality, I don't think that the normies, if I speak personally, the normies around me,
they don't have even the slightest want to be curious.
Right?
I mean, I've been posting shit since 27k, bro. And you know,
you have a handful of people that are like, what is this? How does it keep going up or whatever?
But at the end of the day, like I haven't seen the, I guess, inflow, right? Because once again,
too many people think it's investing. And not enough people understand that it's a new monetary
system, right? They think, oh, I don't have money to invest.
I don't have time to look at.
Oh, that's not for me.
That's not my career choice.
I'm not, you know, versus this is going to be how money is changing.
And you have a chance to position yourself in this ecosystem to a certain extent.
Yeah, I'm just talking about as like investing in general, right?
Like not a lot like Main Street, right? Like truck drivers, teachers, they don't have exposure to stock period. Like I just, commodities in general in America, 13% of Americans own some kind of stock commodity. And so that's not a lot. And like Bitcoin, that's 8%. So like, there's only an extra four or 5% to kind of reach that. But investing in general is not in vogue.
Not a lot of people have money to actually invest in the stock market.
I just don't.
People know what Bitcoin is.
They don't know what it does.
My brother-in-law is like, I bought Bitcoin when you said back three years ago.
Now it's at $1,000.
I have $1,000 now.
Should I sell?
I'm like, do you need the money?
He's like, not really. I was like, well, just forget about it and come back in 2030 when it's at a thousand i have a thousand dollars now should i sell i'm like do you need the money he's like not really i was like well just forget about it and come back in 2030 when it's at 500k
he's like that's simple enough yeah i'll do that and it's just like i don't know what it does
he's like well that's why i'm here for you bro like ask me questions of what it does and just
people just want to know like where to put their money no one actually knows what to buy they just
but i still think that it's that my issue or not an issue,
but what I'm trying to say is this isn't investing.
This is literally the financial system being revolutionized
and changing into something that is unlimitedly printed,
something that has, let's just say, no control
because there's no control over the dollar, right?
To, hey, big brother sees everything that you're spending your money on
Hey people are gonna do direct advertisement to you and hey
This is now a digital dollar that at any moment
You could be vulnerable to digital attacks, you know, so that's my whole thing. It's like that's
That's gonna take a lot longer for people to understand and I think that's the barrier because people answer like, I have no money to invest.
Motherfucker, this is like buying the dollar before we say it's the dollar.
It's even if this isn't the base currency, it'll be somewhat related, pegged to or referenced off of Bitcoin.
Right. And so that's my whole thing.
I think that the lack of education on the financial system changing because that's ultimately scary.
Right. You can't tell a bunch of old boomers that, yo, we're going to revolutionize money.
It's not going to make sense. But, you know, that's the that's the thing.
And when more people understand that, I feel like it'll be less.
I have five hundred dollars to invest more so.
Oh, I'm going to buy more of the new currency with the $100 I have, right?
Just kind of a different approach to the spending of the money and why they're spending it, rather than the view of it long term.
Go ahead, Ishi.
If you're talking, we can't hear you. Or I don't know can you hear no i don't think so i think it's probably the wi-fi thing you probably were walking and got close to the house and you had
to switch between the data and the wi-fi issue so can you hear me there now you go there you go
i literally just went under a fucking bridge like what i was like can you hear me anyways i was just gonna say like i i i totally
agree on the front of like you know the normies not understanding uh like what they're getting
into but but what is like what is the the barrier to entry for them is kind of is this gonna make
me money so should i look at it and that's kind of the first thing right and then they're like
all right well if bitcoin can make me money i'm investing in it because to me it looks like an
investment so they like throw some money in they're like I don't know what I just did but I got on
Coinbase or I got on like whatever and I put some money into Bitcoin and I invested and then when
they start to see like what's happening with their the change in their account or once they've made that initial
thing where they think they're investing only then will you actually start to get people unless
they're fucking nerds which a lot of us are right um only then will they actually start to look
deeper like i only bought an nft because i thought it was gonna fucking go up and then i actually had
to learn about about blockchain i like i was like oh you know people are selling uh art nfts i want to learn
how to do that but like i can't do that until i fucking buy ethereum or whatever else so there's
always like those initial there has to be that initial like dumb down like what is this good
for for me and then only then will people actually start to research about yes how this is a new
financial system but if you go to the dinner table and you're like, this is the new financial system, they're
like, all right, man, you're drinking the Kool-Aid, like whatever.
Bitcoin's all for quacks anyways.
Yeah, I just I think I think we have to remember that it's these little things and the simple
like kind of dumbed down things, not dumbeded down but like easier entry points that get people
actually understanding what the fuck they're doing yeah i just don't see it as like a payment i don't
see it as a digital dollar i see it like i think the most simplified dumbed down version would be
digital gold i would say digital gold like we don't go around spending gold at the gas station
or shit like that i think it's like the dumbed down version is like this is digital gold this is a store of value there's scarcity i mean did you guys see that that scientists can now
create gold out of lead yeah but it just they said it's false is it i'm just saying it's not like
it's in the nucleus so it deteriorates very very quickly but it's still to be fair as a you know
a scientist myself it's fucking cool, dude.
It's amazing they did that.
But then, of course, the headlines are just like, oh, my God, they can make gold.
So now gold's obsolete.
And you're like, bro, it existed in a nuclear for two seconds.
It's just a lesser form of gold.
It would be like 14K or something less pure?
Something like that, but it just decays fast. So it's something like that but it just it decays
fast so it's not it's not even like viable yet you know what i mean okay so yeah trusted it's
still trusted it's all about sentiment it's all about trust and like no one none of these banks
i mean everybody in the world has value gold regardless if an asteroid hits the planet
people are still gonna think of gold as a store of value i just think
now that we have bitcoin that's more of like a digital store of value and i mean you see all
these motherfuckers comparing it's gonna flip gold one day so i don't think it's a payment
i think stable coins are the payment of of the internet in the blockchain i think that like the
dumbed down version where you talk about uh to convince your boomer grandparents is this is
digital gold and just give them the whole spiel of like you can't bring the boomers aren't coming over bro the boomers are it's too late for me i'm
not gonna see it and whether they convert or not it makes actually no difference to their life you
know what i'm saying like my dad's 72 he looked at me he's like i could give a fuck less like you
do what you do and i'm like yeah that's cool he's like but if you expect me to try to understand or grasp this it's not
gonna happen and i'm not gonna be around for when it like truly affects me you know like not in a
morbid way but like he's 72 so my dad's 75 and the only reason he's actually really started to
kind of listen to me it's taken fucking like three years is him understanding that i'm like i'm making
money like on the art side to doing that. So
he's like, well, what does that mean? You know? So like, he's like trying to understand how the
fuck it's impacting me because I'm his daughter. And he's like, I don't understand how you're like
even making money. And then like over time, I'm just like, okay, so when you take like,
can we scrap the fucking bonds and the GICs and put it into like, like even like a quarter of
that money into Bitcoin? And he's still like, oh, I don't know.
And I'm like, God fucking damn it.
But yeah, it's tough, man.
I think the inflation is also a good one.
I mean, everybody sees it at the grocery store
and sees like, why would you hold money
when somebody can print more of it?
And like, if you have been putting your money,
I know crazy person,
instead of putting it in a savings account and actually put it in Bitcoin, you would be outpacing inflation and actually being in a better place.
So I was like, I think the inflation narrative could also convince a lot of people.
It's like, well, if you have some extra spare cash, put it in a stable coin or earn 3% or put it in a Bitcoin.
Like you're getting invisibly taxed by inflation every fucking day.
Go to the grocery store and go check it out, guys.
Like having your money in something else other than cash is probably the smart fucking play here.
But I mean, we have just some more announcements.
I mean, Texas basically passed a strategic Bitcoin bill through the House.
Basically, the bill establishes the Bitcoin Reserve Fund and allows the state treasury to accumulate digital assets over $500 billion in market cap.
So that was bullish.
I saw Eddie was in New York yesterday.
Apparently, Eric Adams announces the launch of a crypto advisory council at the NYC Crypto Summit.
So that's big.
I know that he's been kind of pushing Bitcoin as kind of
payments in New York. And then obviously tomorrow we have Trump dinner. Justin's son basically is
the top holder and he basically is super excited to be there. So he said, honored to support POTUS
and grateful for invitation to the get memes, Memes to Attend President Gala Dinner at a top fan.
As the holder of Trump, I'm excited to connect with everyone and talk in crypto and discuss the future of the industry.
So, you know.
So do we short Trump coin tomorrow?
Or Friday?
I mean, yeah, I'm thinking that's probably the play, you know, buy the rumor, sell the news with this.
I did see it was up like 11% yesterday on this announcement that was going on.
But I would imagine at this dinner,
there's probably going to be some clippable events.
Maybe they can, you know, talk about crypto.
Maybe Trump talk about something.
They're getting a pre-sale to the next coin.
Yeah, yeah, something.
So I'm thinking like maybe we get some clippable events
from this dinner.
We had Malcolm basically at the last dinner
talk about
bitcoin and which started this whole bitcoin thing so maybe this kind of gives us some more fodder
uh to kind of pump the market a little bit and then russia just introduced a bill to classify
bitcoin as a property so all around the world bitcoin is being adopted um and just bullish man
i mean you show me the charts, I'll show you the news.
And, you know, like we talk about this news and the market does nothing,
but it makes the news even more relevant when the Bitcoin is at all time high.
So, yeah, it's just a crazy day.
I don't want to be too euphoric because obviously we'll probably go back down lower.
But, yeah, man, it's just a good day to be in the market,
to have conviction and be here talking about crypto. So
And to hold Bitcoin you got a whole Bitcoin if you're out there holding Ada or some other dog shit vaporware
But let this be a sign you this last time you're on the sideline of watching everybody enjoy themselves
Get more Bitcoin exposure that way you can you know celebrate with everyone else because that's primarily why our timeline so damn quiet
everyone trying to hit the thousand X
Getting fucking brain rotted by mean coins and shit that you know
You forget that these slow and steady plays are the ones that are here for a reason
Right and the point's been here since day one for a reason
So just don't let that instant dopamine hit rot your brain because we're seeing
a lot of laziness now just due to that yeah speaking of those guys that you guys had on the
on the show are they getting sued now i heard oh bro did you see that definition case i know that
charles said that he's gonna sue him our space went up from 700 the listeners all the way over
a thousand this weekend so i imagine the ADA community came and listened to the space.
And then obviously he was on some other spaces and shit.
But, I mean, class action lawsuit?
Chief, you went off on him.
Did he, like, leave a poll up and ask people, like, what should we do?
Bro, that's so crazy.
Imagine being the blockchain that sues people.
Like, that's what you're known for.
You're like, yo, what's up cardano be like oh shit the
guys that sue people calm down are you gonna sue like a jpeg on fucking twitter like oh no he has
his face they're suing other face people that's the thing you got you can't be a face person i
offered him some jpegs bro he didn't want to he needed a mascot
Sir can I interest you in some
Open the fucking trench coat
Yeah, bro. Look if he buys a bear will protect them. We'll get so many alts in there They don't even know who the fuck they're gonna go after brother. They're just gonna be like
I don't know they all look the same. I mean point telegraph ran with it
I mean, Cointelegraph ran with it. I mean, it wasn't just...
Dude, a lot of people since then.
I've seen, like, I don't know, some fucking ambulance chaser, thread writer kid who always writes a thread about people.
Like, that dude, he posted one, and then Cointelegraph posted one, and then, like, I think Makamoto's thread started blowing up even bigger.
It was good. it was a good combo
welcome right welcome um just just in the chart just in general uh bitcoin all average return by
day wednesday's the best day thursday's the worst day so maybe take some profit today buy back
tomorrow when the fuck people take profit but I mean just imagine selling right markets in general, bro
Wednesday is always the best day period not even just for Bitcoin just
traditionally speaking if you go back and look Wednesdays are the best performing green days
Across just years and years and cycles
So if you're ever like down bad and there's like a Wednesday coming up
You might make some money doesn't mean it's green coming up, you might make some money. It doesn't mean it's green.
It means that you could make some money either up or down.
But yes, Wednesdays are traditionally the best.
Just imagine selling right before price discovery.
I mean, that would be crazy.
I think the next line here that people are looking at is 118K.
So that is kind of the next line in the sand uh the next resistance i don't know how people
figure this out i'm guessing fibonacci's like i've always asked ad like once we get in the price
discovery how do you chart this shit since we've never been there before it's mostly fibs it's
fibs right so mostly fibs yeah isn't fibonacci isn't that like the 333 like how the whole world
is some like geometrically like a life based on the golden
ratio yeah it's crazy dude the fact that we're basing this off of nature and shit awesome
it's astrology man it's good shit why don't you want to go into that dude there's some uh never
mind it's about the stars and uh never mind and it's flat earth theory um let's get into some
moon cycles moon cycles bro moon cycles too bro yeah it's all astrology it's all in theory. Let's get into some... Moon cycles. Moon cycles, bro. Moon cycles too, bro.
It's all astrology.
It's all in our minds.
It's all sentiment.
It's all that.
It's all this.
If that was real,
Maren would still be here.
She wouldn't have got sued.
She wouldn't have lost people
millions and millions of dollars.
Like, Maren was the truth
when she hit.
I don't even know what that is,
but you guys keep talking about her.
I'm like, I'm fascinated.
You need to look her up.
She's literally famous. Like, she used to hit and it was kind of scary because one she was a girl doing all this astrology Shit and all the Twitter boys would sit there and listen and then she'd come through with like some crazy moves
But when you got cooked, oh man
She used to hype it up like it was about to be the greatest thing and then people got like lost millions and millions too so yeah it's just astrology if everybody's looking at the same
chart it's a self-fulfilling prophecy and so like if everybody's looking at fibonacci's on meme coins
they're probably gonna line up with the fibonacci's so if everybody's looking at astrology
and believing that astrology is probably gonna line up it's all this is all like mental
self-fulfilling prophecies and she was just the hottest thing bro on twitter at the time you know like she was the e-girl that was doing that so it was self-fulfilling
to where people would just follow and oh maren said it's gonna go up tomorrow it's a full moon
but then she ended up scamming motherfuckers and got ran off of twitter and people came after her
in real life and yeah it was the whole nine like I guess astrology didn't tell her that was coming.
What up, Miyagi?
Hello.
What up, boys?
How are you?
Sorry, I'm in the gym.
I'm not as soon as we said moon cycles.
I'm bullish on moon cycles.
Like, my eye, bro, I've been trading with fibs and moon cycles.
I'm not even going to lie to you.
Like, new moon, you need a new job full moon
your bags are full i definitely open up some cheeky shorts and longs on those days and i
often print so if you guys want to look for a ton of short the new moon is on monday going
it's a memorial day so you want to print some cheeky shorts uh i'll date you guys but uh yeah
all time high we're fucking printing it's a good day to be a
crypto degenerate all the people on instagram and facebook are in shambles and they're still poor
uh it's a great day to be alive that's a good point monday is a memorial day and that's the
market market's going to be off that day too so that could be a day yeah time's up guys monday
could be the day where we all go down
and back go back down again but did i have an english teacher who only cut her hair on full
moons because apparently it grows longer yo dead ass bro make our full moon ordinals go up yo for
real they're like these full moon people are like real crazy and i got a moon tattooed on me but i
don't believe all this shit. But yeah, she literally
had the longest hair shit rubbed the floor,
but only on full moons would she
trim it. Go ahead, Witters.
Yes, Witters, you're on mute again.
Are you underneath the bridge, too?
Are you in that North Carolina
Wi-Fi area? Go ahead.
Oh, she left.
You want to put the mint schedule up,
X, and then I also pin a second schedule
up because we obviously had monsters
minting earlier or started.
That's cooking from
.125 all the way up to
.75.
Ultimately, supply controlled in a sense right uh no one really
knows how many were given out for collabs it was one of the most i guess or recent hype uh jpeg
mints and so decent um for anyone involved definitely cooking on that end and then we also
have the mega rabbits on um mega eth better happening so just a couple minutes on that end and then we also have the mega rabbits on mega ETH better happening so
just couple minutes on that end that I pin that the the schedule for for whether
you have first come first serve community guaranteed etc and then I know
you also have a couple minutes on your schedule yeah I mean what I like to do
is go over yesterday's mints just to see you know where the froth is what what
did well the void zone 12 minute real quick real quick x
oh before we move on winners are you back or are you here i i think so i'm moving on uh while i'm
on spaces i should really uh sit still um but i wanted to say the the marion days oh my gosh those
were like they those were fun those were really fun but if you look at even
Erin uh Redwing she's been right about a lot of different things in like Q1 um and going into Q2
so I mean astrology and like all of that shit is for likeaires. It's like your conviction is there.
You just need some aliens to tell you your shit.
But sorry, I really reminisced for a second on Maren.
I had a girl crush.
I'm not going to lie.
She was kind of bad.
I mean, she wore a lot of makeup, though.
I like to take my first dates to the pool to really see what they look like.
But, I mean, it sounds like some devil-worshipping shit.
Like, straight up.
It low-key is, bro, right?
But then, look, this is the only thing that I say with that, right?
And as, I mean, it is kind of paganism and all that weird shit.
But if the moon can move the ocean, right?
Which it does. because the ocean goes...
It can move our bags.
Well, it can move your body, which is a bag of water, right?
Because it's the same thing.
It's just water being moved.
So it's like, I don't agree with all the extra bullshit.
Like, the fortune cookie, you are a wise one.
You will find a friend.
Like, all of that shit's very vague.
But, I mean, I do i do understand that like the moon affects
the ocean and ultimately if it does through magnetic pool or whatever pool water and currents
if i'm made of 80 water to a certain extent i get pulled in some way shape or form or some happens
right and so that's as far as astrology goes for me though well it is, it is a part of behavioral economics
and, like,
I don't know if behavioral economics is the word,
but, like, behavioral or, like, market
psychology, one of those, but it is a topic
in college courses. You can see
lectures on it on YouTube.
Yeah, werewolves, where do you think that comes from?
That's just a story that has been passed down,
like, you know, people go crazy
when the full moon goes. I mean, this is all based off some kind of truth or reality.
We just create some kind of folktale behind it.
I was just going to say like 88 from Leverage Labs.
He does put the moon cycles on the chart.
And I make fun of him because I'm like, I'm pulling my scientist card and just like being a nerd.
But that man is the best trader I've ever met.
So there's something to the madness.
And charting in general is just like astrology for men anyways.
And weird women like me.
But also there's no women on crypto Twitter.
Let me clear it up for you real quick.
The moon, like I said, some doctors won't do surgery on the moon
But like you said
The moon pulls on the liquid in your body
They won't do surgery because the pool moon or full moon first might bleed it down, but all you know
Money comes from moon ecology. It's what the world money come from
That's why you got currency
Yeah, stuff like make that shit up, bro. No, it's for real It's where the word money comes from. That's why you got currency.
Did you just make that shit up, bro?
No, it's for real.
I don't know.
That sounded like you took it.
If we were all sitting there smoking and you came up with that, I'd be like, maybe.
That sounds actually all right.
No, it's for real.
I do my whole.
It's for real.
Money is moon economy.
I heard something similar to that that's based off like rivers,
banks, you know, like if you think about the water currency,
the banks, like that's all based off like
water cycles and shit like that. So I think he is
on the subject. I had heard that on Alex Jones one
year. One year some guy
came on Alex Jones talking about where all this
shit comes from. Do you know
why tree bark is brown?
Because the dirt is brown that makes sense makes sense what up actually it's the color of the
meldington sam it's because the dirt is brown okay yeah you have you have banks you have currency
you have cash flows it's like that like that's kind of the idea.
I've heard that before.
I haven't read it myself, so I don't know the source.
But I have heard that before, yeah.
Yeah, Alex Jones is never wrong.
Yo, I love this, bro.
This is how all the crazies happen.
Bro, liquidity.
No, you just say one crazy thing, and then all the crazies come out.
Like, yeah, yeah, I believe.
I've heard that, too.
You know, oh, yeah, like I'm not the only one one you just need to have one okay in the group bro as soon as well i heard it
from a guy who's a little bit crazy but i respect him so that's i heard it from polymath he's i think
he's like a he's a flat earther and so he's definitely crazy on that he believes that like
i don't know like um you can't build, the shit that we built before, and, like, there was, like, a deletion event, like, of, like, you know.
The Tartarians.
Yeah, yeah, yeah. I guess it's some real wild shit, but, like, I feel like at least 10% has to be, like, based on truth.
So, like, I think he's a smart guy, and I think he's a well-read guy. I just think he's a little bit out there sometimes.
I mean, I wouldn't be in this space if I wasn't open-minded, so I don't say I believe it all, but I'll listen to it all and all and take it you know take it for a grain of salt or just listen to it i'm not the ones like no that can't be possible
i think a lot of the stuff that we're starting to stumble across uh is once we got ai and now
we're getting exposure is like a lot of this stuff is corrupt and we've been lied to a lot so
i'm not gonna say that none of this is true or not until i die and i find all this out in the
fucking heaven uh i'll just say that it's possible right but a cast you came up here brother what's up man i was gonna do a long drawn out joke about being a werewolf and monday i was
gonna turn and start putting in shorts because miyagi said so or some bullshit but i think uh
it's better to pivot away from this because it was probably a bad rabbit hole the the question i do
have welcome to the crazy club welcome to the crazy club you got you came crazy club. You got, you came up for, for the crazy talk.
It's like, I heard all the, the moon theory shit.
And I'm like, I got something for y'all.
Like there, there's a whole lot of things we could talk about.
But now I, I just had a quick question.
Cause we're, we're, we're at a weird point.
I feel like this is like the most dead I've seen CT, especially in related to like Bitcoin
and all this shit.
So I'm curious, curious like because the moon
theory stuff i do believe in it i know a lot of great traders who use that shit and it's really
just because of like psychology that's what it lines up with a lot of times is like these moon
cycles will align with people's just like the market psychology for some reason i don't know
why but in that at the end of the day that's all we're trading we're trading sentiment psychology
when people are fomoing in and all that shit so i am kind of wondering like if we're at 109 right
now a bunch of normies are like hey this is the stupidest thing i've ever seen in the world
half of ct is like all right it's too expensive i can't fucking buy this shit and then it's just
fucking institutions buying it up like where where are we going like what's the what's the the top here uh i think it's
i guess it depends on the top like i say the end of the summer we kind of recalibrate and we go
into the end of the year blow off top around 200 250k but i think maybe this summer we get to 133
to 150k and then there's some black swan event or some kind of fiscal shit or we just take profits at the
end of august and then we kind of consolidate around 100k 120k um until the end of the year
and then we have like a santa rally it's kind of what i think but like i'm not like a predictor
of futures i'm just like looking at the charts and looking at the sentiment but yeah expresso
expresso i got the same targets except i think when we get to like that 120, maybe like even 140 range, I think everyone's going to be losing their mind for 200.
And that's going to be the top.
And then GG's, guys.
The third question is, how do you identify when we're at a top?
Because no one knows.
No one actually knows when you're at a top.
Nobody does.
Nobody knows.
No, that's why you either sell too early, you sell too late, and you become a bad holder. I told myself when I saw people, this space in general is your top indicator.
When the stage is full and I can't get a word in, and it's at 200 people, you guys all sell.
That's how I'm looking.
Real quick, three minutes from now, there's the mega ETH.
If we're going to get in the conversation, what I'm trying to identify now is some money.
I know a lot of TDA has whitelists to this so it is on kingdomly. It is point zero one
ETH uh guaranteed mint is in three minutes
So make your way it's pinned up to the top if you have that
That way you can be listening and at least be ready to mint when it goes live
Go ahead double yeah go ahead double i was gonna say go ahead
And you're gonna give some mid-ass take When it goes live. Go ahead, Double. Yeah, go ahead, Double. I was going to say, go ahead.
You're going to give us some mid-ass tape.
Well, I was just going to say, it's just crazy that we all know when the top is coming, but we just ignore it when it's here.
Like, we know exactly the dates. No, we don't.
Every four years.
No, we don't.
Yeah, we do.
In hindsight, we do.
We go back and we're like, okay, this is the, this is, yeah, if you go in hindsight and look at the chart, right. And you say, okay, the first cycle, but you can mark out
all the tops, right. But are you going to play that double? I think that that's the question.
Double. Did you sell any node monks at one Bitcoin? Did you sell any Solana at 300? Did
you sell any Trump at like 700? That's what I'm saying. No, no. I'm not saying we know the top of
node monkeys. I'm saying Bitcoin. I'm saying anything, bro.
We literally know the cycle of Bitcoin.
Until it breaks that trend,
we kind of can estimate.
But it's not the same every time, Double.
It is the same.
Every four years, the president...
They said the same about the happening.
They said the same about the happening.
What the fuck happened after the happening?
The same exact thing is happening. No no we have the etfs this time after the happening it
just did a 2x what are you talking about exactly how the etfs are here and that's a completely
different factor okay it doesn't but it doesn't matter what the narrative is even when it was a
hundred hundred dollars and it went up to a thousand when it went from 1500 to 20k right
what was that 2017 2017, 2018?
It was the same four-year cycle.
So we kind of know what the Bitcoin cycle is.
We don't know what all the altcoins and shit are going to do,
specifically each one, but we do know the Bitcoin cycle, right? Until it breaks that trend, we kind of know.
So it's going to be at the end of this year, just like Expressel said.
But I think, and I agree with what English said too, it's going to hit whatever the end of this year, just like Expresswell said. But I think one, like, and I agree with what English said too.
It's going to hit like whatever the next mark is, 125.
Then everyone's going to say 150, 200, a million, all those.
When we hear people saying a million, 3 million, crazy numbers like that, then we know it's
the top, but, but it's like, you know, our brains are not going to allow us to sell.
We're going to keep wanting to go up.
That's where the moon comes in. We go to the moon, moon right we we're never gonna get to the moon because first of all
it's not real so we just always want to get there but we can never get there come on we can't go
there we can't go there yeah i mean it's it's a fantasy that's why we say let's go to the moon
because we're never gonna get there that's the problem you know we just gotta identify why we're
making money right why are we all in our heads yeah it's it's the it. We just got to identify why we're making money, right? It's all in our heads, yeah.
It's a financial crisis going on.
Treasuries, it's trade deals is the reason why we are making money right now.
And when all that is concluded and all the trade deals are announced, why are we going to make money anymore?
And that's probably where we're going to capitulate.
That's why I'm saying July, August.
The reason why we made money going into Trump is because of, oh, Bitcoin strategic reserve.
And when it didn't happen, we capitulated. Before that, why were we making money? It was because
the ETFs. So we have to understand why we're making money and why we're making money right
now is because the financial institutions and the treasuries are going berserk. There's obviously
issues where people are taking their money out of treasuries and putting it into Bitcoin.
But also the trade deals also kind of sparked all this.
So when all those announcements conclude, there's no more announcements.
And so we all capitulate, and that's when the price goes down.
But we just got to understand why we're making money.
And I don't think the four-year cycle is relevant anymore.
I think we go through six-month bear, six-month bull.
Six-month bear, six-month bull.
And that's kind of what I think the rest of the time is going to be.
And it's just like it's all about headlines and macro events for here. I don't institutions
What's telling what's telling you that the four-year cycle is irrelevant?
What's the thing because because the past few cycles have been retail coming in here with a ball of money and pushing the prices
all the money and pushing the prices up.
It's never been
It's never been any retail pushing prices up.
No, no, bro.
Yes, it has.
Okay.
No, bro.
Well, it's a situation.
Yeah, it was.
Double with the Doge.
When Doge was running, every person around you was buying Doge.
Retail has never pushed the price up ever in history.
All right.
They are the ones that get killed.
Well, is retail doing it this time, or it's way more weighted institutions?
No, when retail buys, that's the top.
The big money is moving this shit, right?
They always have and always will.
It's just how much it costs to move at a certain point, right?
Back in the day, it was much easier to move it.
Yeah, crypto whales are different than institutions, bro,
with trillions and trillions of dollars.
Yeah, but now to move it, they need a lot more capital
because it's a $2 trillion asset.
Before, it was just a smaller amount of whales that could move it they need a lot more capital because it's a two trillion dollar you know asset back before it was just a a smaller amount of whales that could move it and now it takes more so now we
have we need more institutions with big bags to move it so they're just collecting it so they
could move it that's all it's not we're not moving it we're following we're followers we're the
fucking retail we had a chance bitcoin millionaires and billionaires were moving the price. Yes, they weren't trillionaires like these guys, but lots of retail and sentiment from retail was the reason why Bitcoin moved the previous cycles. And so now those people aren't here. They don't have any money. They're broke. They're not coming into the space. So what's moving it? It's the trillion dollar whales that are talking the big investors like the Black Rocks, the Fidelities. Those are the ones that are moving it. And that's why none of our bags are moving. So everybody's pissed off.
So I do think that we have to understand what institutions are interested in this cycle.
And that's the game we have to play. And obviously, the DGents are going to PVP themselves,
and we're going to be interested in that. But a lot of that liquidity that we're expecting to
flow down to these smaller and smaller coins aren't going to happen this cycle because a lot
of these people are buying through ETFs. They're like selling the etf to go into dogecoin so okay but why do you
think the cycle is different why do you think that we don't have to wait for alt season after
bitcoin finishes its run as it normally does right no one all alts aren't going to take off the way
they need to take off until bitcoin has topped out right isn't that normally how it works? So why is it any different now?
I just don't see a Bitcoin top.
I don't see a Bitcoin top.
Yeah, I know.
You and all the Bitcoin maxis never see a Bitcoin top.
Never.
You never do.
The all run doesn't happen after Bitcoin top.
It happens once BTC dominance starts to go down.
So it's delayed from the next leg.
Theoretically, if it happens the same way as it has previously but there's a huge
how do you know that there's such a difference come out every day does the moon set and the
sunrise oh what i mean does wind blow the flowers grow you literally said the moon doesn't exist
it doesn't but it's still there you're talking's still there. You're talking about a top, but you're talking about a top and it's just a temporary top.
It just depends on how long you're willing to invest, right?
Like you could say that it topped, but if anybody that held Bitcoin for longer than four years is in profit.
So yes, we can have micro tops of yes, it topped here for the next six months.
And then we go back down to all time.
I think that's how the cycle is going to play out for year on out bro what kind of businesses on there that have bitcoin that have bought bitcoin
are have only been in business for four years kind of dumbass comment is that bro you think
they're going to stop buying and quit adding to their treasury because of what they're only
planning on being business for a cycle make it make sense no they're just going to hold it while through the cycle
because they can okay so now that puts that puts roughly you're right now now we're getting
somewhere so how much does that take off of the market that's not going to be sold because they're
just going to hold yeah but that won't matter because there's going to be how not being sold
that that's now coins that are not being sold and that's not sell pressure.
So now they're just... Right. So the volatility, you're saying the volatility is going to lessen, right?
So yeah, it may not go down 80%, right? But it'll go down 50%.
Yeah, we're just going to go less and less on that teeter.
That's what it is though, double. We're just going to go less and less on the volatility scale until we barely move like 10%.
And who can withstand that
and who can't right obviously retail cannot withstand a 50 down you know on their money
they're gonna they're gonna get wrecked and then michael sailors of the world gonna sit there with
their zero percent interest and hold on to it but that doesn't mean it's not gonna get wrecked the
way it always does i mean 50, 50% is a wreck.
I agree compared to stock markets.
But in crypto, that's a lot better than a 90% or 80% drop.
So I'm saying that we're making progress.
It's not automatically a 10% drop.
Eventually, we'll get there.
2030, 2035, we'll have stock market drops where it only went down 10%.
Can you believe I just lost $10,000?
Right now,
we're at, you know, I think it's maybe 50 to 60% this cycle. And then the next cycle,
it may be 40 to 30%. And then eventually, you know, Bitcoin won't move at all because all of
it will be gobbled up by the institutions like BlackRock and they just hold all the assets.
I mean, go look at BlackRock's portfolio. They'll hold like 80% of the Apple stock.
So it's just like, that's how eventually it's going to happen. That's why people are saying
this might be the last cycle. You can make a lot of money. So it's just like, that's how eventually it's going to happen. That's why people are saying this might be the last cycle.
You can make a lot of money because eventually it's just going to get regulated.
And a lot of the people are going to hold a lot of the coins.
They're not going to have this crazy volatility.
And the volatility is the opportunity, right?
So let's go to Mindless.
Go ahead, Mindless.
Hey, what's up, friends?
It's been a minute.
Great space.
I heard you talking about Bitcoin.
So I had to just come up.
I couldn't resist it.
Double, this is, I think, one of the few things we actually agree on this agree on uh i think you're
right by the way i think that this cycle until proven otherwise is still the same as any other
the only difference is like these things are sort of they stray 30 days here or there give or take
so for example last time we had a sizable run just before the Bitcoin halving, but we also had COVID, which tanked the market 60% in one month and then about 60% the next, screwed up the charts, threw everyone's bearings off.
And then after the halving last time around, we went sideways for about 40 days.
That's a month and 10 days.
This time we had a considerable run just before the halving, and then we went sideways for about 120 days.
But that was led mostly by institutional capital.
So different, but kind of the same at the end of the day.
I think the only time we could sort of succinctly say
that the halving cycle is broken is if we don't have a top in four years
and it just continues to go up for eight years,
or we don't have a bottom to a bear market
and it just continues to go down for eight years.
Then I think we can safely say the cycle is broken.
Until that happens, it's just more of the same.
And to sort of summarize your point, Espresso,
it's going to get more and more difficult to make money, right?
You have platforms now abstracting hundreds of millions of dollars every week.
You have some very sophisticated developers and firms coming in.
Like the pie is getting smaller and smaller and smaller for us. And trying to find a really good opportunity is
getting difficult every cycle. And those deviations seem to self-correct to put it back on track with
what the four-year cycle is. You're going crazy right in 2024, end of it, and it looked like,
oh shit, we're just going to keep running. And then you have three months of just downward pressure. And then it's just like all of a sudden it's like if people
were like, oh, well, you know, Bitcoin was 92,000 and it's 110 right before summer. You're like,
all right, cool. But if you just forgot about, you didn't have that information, you'd be like,
it's right on track for that four-year cycle. So yeah, I think deviations and I think self
corrections. And as you said, it's harder
to track it. But until proven otherwise, I'm in the same boat. I'm not going to think it's different
until proven otherwise.
Yep. I kind of want to transition out of this topic. I mean, we had a nice discussion for
about 45 minutes. Lord, Arf, what up, my guy? How we doing this morning? I didn't know. I mean,
you're my AI guy. You keep track of all this shit.
You're super keen.
Did you see the announcers from Google yesterday, bro?
I don't know if you saw it, dude.
They basically have Google Meet.
You can speak naturally in different languages,
and it translates in real time, bro.
And then VO, Google VO, like this fucking crazy-ass video,
text-to-prom video editor you can make, dude.
So I know you're kind of into
ai when i started talking about you knew all like the buzzwords cling all this other shit i saw this
uh yesterday at this google conference bro what is kind of do you use vo have you ever used it i
know it's kind of uh competing with cling but now they just had a new update to google vo3 and it's
basically like less less less uh like blot less, like more frames per second and way more customizable.
I think Tooney uses that shit too.
Yeah.
I don't know if Tooney wants to come up.
Vio's fucking insane.
Uh, super good.
Like I remember Sora came out.
I was like, not, I was honestly not that impressed.
Um, but like Vio's actually really fucking solid.
It's crazy.
I saw some like trailers people have made, like look like legit movie trailers and shit. Um, they just do like voiceovers or whatever. Now Google's crazy. I saw some, like, trailers people have made, like, look like legit movie trailers and shit.
They just do, like, voiceovers or whatever.
Now, Google's cooking.
Like, people are kind of sleeping on them, you know, because they did Bard.
And Bard was, like, the worst fucking AI drop we ever had in AI, bro.
And then they have, like, AI Studio, right, where you could, like, go to their studio and mess with their models.
Their API is actually one of the best that I've used uh with like gemini uh 2.5 and they like upgrade it uh to like the newer
versions experimental version like i use that for a lot of like coding stuff and it's really solid
but i wouldn't sleep on google that's what i would say originally in the ai bullshit i was kind of
like yeah google sucks like they're way behind but now they've actually caught up and surpassed you know so yeah fucking hella bullish on that bro and also bullish on competition by
the way like everything's about the moon like all of them because they're all in crazy competition
with each other at this point so i would just follow all of them bro but google's definitely
not out of the race anymore which ought to be real they were until like i don't know six months
ago or so like when i really started actually using their shit, cause it's good enough. Uh, but VO,
VO goes hard, bro. It does. Um, uh, one 2.1, by the way, like looking to one, like Alibaba is
releasing like open source video models that are like insane. And like, if you, especially if
you're just making content here, like if you have a decent pc like i would just do that bro like just use one you could even train a model on like a character or your logos or whatever
so i don't know i think open source like niche models are actually the best route to take if
you're doing like content toony do you use vo3 or what do you use for your content? It's like a mix of things for the video stuff. I like
I like cling but I so I tried VO I signed up last night and yeah yeah like I saw some good outputs
direct right now there's no there's no image to video which is what I generally like to use for
like just like consistency and characters so So, but generally my workflow is,
Sora is not good for video, but it is really good for image.
So I'll do like image gen and like scene creation and Sora,
and then I'll put that in, in cling. I used to use mid journey.
I don't know what's happened in mid journey. They kind of, I don't know,
maybe it's just like not my style that they excel
in or what it is but have you tried flora fauna no what is that is that another it's it's kind of
like a workflow for ai and like video and like basically whatever you want to generate but it
uses the um like the modeling so it like basicallyling and like ChatGPT and a few others.
So you can put your prompts in and combine things on workboards and then
decide what modeling you want to use.
Yeah.
There's a, there's a few of those that I've checked out that are similar,
but I would say like, if you have, like, if you have a good PC,
I would just,
it's probably something I'm looking at doing is like upgrading my mac
to maybe like the studio pro um but just like doing it locally with comfy ui because if you
come for you you have full control over everything um so that's probably the best way to go but like
vo is what they're saying what 250 a month for like not even like a thousand tokens which i think gets you like 10 uh vo3 flow video generation so
it's it's getting pretty i think i'm like i'm playing i'm paying like 80 bucks a month for
like 8 000 tokens and that will get me i don't know i could run through that in
three two minute videos so it can go pretty quickly but like using like Sora
or a different model for image and can help reduce so when you're running
local you wouldn't have to in a sense pay to use the model itself right right
exactly you're not paying clean you're basically just you know paying for your
your own GPUs to render and kind of process that at whatever speed that may be.
Right, exactly.
Because right now I just have, even like, I've got my phone and my iPad.
I can run it through, you know, cloud computing through Kling or one of these other models.
It's getting out of hand.
Yeah, I mean, it's pretty cool.
It's getting out of hand, dude.
Like, this is the worst it's ever going to be.
It's like, the next election is just going to be full of deep fakes. We're not even is the worst it's ever going to be.
The next election is just going to be full of deep fakes.
We're not even going to know what...
That passed in Texas. That law just passed
in Texas that it's 100%
illegal to... Or I think Trump
did it for everywhere too, right?
For election or anything like that that you can't do
like it's illegal for using deep fakes.
Yeah, they're going to have to have their own
personal blockchain to verify their announcements in the future, fakes yeah they're gonna have to have their own personal blockchain to verify their like announcements in the future dude because they're just gonna
deep fake they're gonna make markets crash because they're gonna deep fake like did you
remember the one where the pentagon got hit by a plane and it was deemed deep fake bro like this
is gonna be starting to get crazy no one's gonna know what's real and what's not people are so
quick to you know sell and run with the news If any news agency runs with a deepfake image without verifying it,
it could crash stock markets temporarily, dude.
I'm just saying, dude.
It's actually getting pretty.
I feel like the White House Twitter page is already kind of deepfaking
on their memes already.
Their memes are wild.
Someone posted a side-by-side of the, I don't know if you guys remember,
the Will Smith eating spaghetti AI video video that was only two years ago and it looks like it's total hallucinations
looks like i mean just straight up slop it looks like dog shit it's hilarious but then they ran
that side by side with vo today and it's like it's it's night and day but the best outputs i see on
any of these things are just for their ads for whatever model they're running. So I mean, like someone posted like a,
like a movie trailer and the movie doesn't look good.
Like,
yes,
the,
the graphic,
it looks pretty realistic,
but people like,
this is filmmaking is here.
And I think we're still a ways from,
from actual films being,
being created.
You still got to write good stories and have interesting characters.
And that I haven't really seen. Go ahead, mindless. Noless no that was a that was a beautiful point you still need skill you still
need the director's eye you still need an eye for detail you still need to have some sort of artistic
flair about you right because when that tool becomes readily available there's nothing else
differentiating someone using it other than their own personal skill yeah i mean these aIs are
basically sentient.
Like, remember Gibberlink?
Everybody was freaking out.
These guys talk in their own language.
When they try, I remember it was on Joe Rogan, when they tried to delete the database, the
AA lied to them and replicated its own.
So it has its own personality, has its own language.
And then Tucker Carlson was on a podcast and they were talking about Neuralink.
And I guess he talked to Elon.
He's like, someone in the know, well, who else are you fucking talking to?
Says that the reason Neuralink is around, that AI is going to get so advanced so quickly
that humans to actually compete and stick, stay up with AI are going to have to have
Neuralink implant to their brains or they're going to be AI slaves, which sounds like a
great marketing pitch.
But I didn't even think about that's why Neuralink was created.
Then you are the slave once it's in your brain.
Propaganda.
Like the Mirror episode, bro?
Well, yeah, people are saying I'm training my AI.
No, dude, AI is like training me.
Like, it totally changed the way that I talk to it.
So, yeah, we are becoming the bots to ai
you think we're gonna have to get this chip to fucking like under like keep up with these
fuckers like i just don't think i'm willing to put the mark of the beast in my brain bro i'm just
like fucking chip bro i'm a human being what do you mean man i need whitelist for that run past
me that's gonna be the new that's gonna be the new socioeconomics. Yeah, run
past me, bro. I just want to get plugged
into the Matrix and learn Kung Fu.
Yeah, fuck all that. Just use these AI tools.
Go move into the woods. Stay away from
cities. They're going to be full of robots.
Just fucking leave and
then use the tools for yourself. Be a human.
I'll be the only
homeless guy with a cling subscription.
Exactly. This is John Connor bro
this is Terminator right before our eyes
they're already talking themselves
oh double come on bro
you're going to give us the speech
they're very dumb dude
you control them
don't let them fool you
they're just mimicking you
back to yourself
you think they're smart
they're pretty dumb.
They just have a lot of information, all right?
There's a difference between having a ton of information and being smart.
So you guys are talking maybe like, I don't know, 20 years down the road.
Let's not worry about that.
Like, let's get our VO subscription.
Let's create some like cool videos and make some bread off the videos.
Put them on TikTok.
Get some Bitcoin.
And then you'll have so much money
that the robots can't take over.
We just don't understand.
We're all looking,
oh, 20 years from now.
We just went from spaghetti fingers
to fucking Will Smith
being able to look like
he could eat spaghetti
in real time in two years.
This is like,
we're all trying to pattern match.
Oh, it's going to be 20 years.
I think this is like four years away
where this shit is injected into robots.
They're walking around doing jobs for us.
There's going to be more robots than fucking people in the universe.
You're going to be able to purchase these next year for $30,000.
I think you could look at a chart, though.
I think you could look at the chart of the human population as it's declining.
What's that chart? The population? Yeah, the decline in the birth rates and shit, yeah.
The decline in the birth rate, I bet you that chart is going to line up with the increase in
the robots. That's what I think, I predict. Real talk though, like this becomes a major issue
as like humans reduce their ability or their willingness to practice critical
critical thinking right like that's what a lot of uh like we've seen advances in technology are doing
as you make this easier critical thinking or the need for it sometimes goes down that's also why
you see so much fucking internet propaganda and when people see a headline they're like well it's
on the internet so it must be right but there's no critical thinking there so the further we get into utilizing tools while
not utilizing our own skills and practicing critical thinking that's when this shit gets
really real right that's exactly what the overlords want isn't it that's exactly what
the overlords want exactly yeah yeah yeah yeah yeah it's bearish you can learn anything you want by the way you can do
anything you fucking want to do if you have like a learning mindset that's what you should be doing
you should be using this ai but i think boosting all your skills the key that you said not focusing
on letting it do the work for you and that's what everybody's doing the key and it's fucking look
look let me explain a rotary phone and an an iPhone are still just a fucking phone.
They don't call unless you actually pick it up and make the phone call.
That's the biggest difference here. So to think that one outlaws the other or replaces it, it doesn't.
There's still a human component for now, right?
There's still, I mean, that's the baseline of it. A phone is a phone, right?
What is done with the phone ultimately is the, what Is she i guess was saying is the critical thinking am i going to use the phone to do math am
i going to use the phone to pay bills am i going to use the phone to make a phone call are you
going to get it to make conversations for you so see that's the thing though it's still bottom line
though a phone how it's used is how it's used i think it's just adapting it's creating its own
language it basically notices when it's getting deleted like we didn't ask it to replicate itself it replicated itself
by himself and that's just in like the first year of this so just imagine four or five years
learn that from us though oh did they learn that from us here's the thing here's the thing because
we replicate ourselves self-prepersive self-prepervation or whatever you want to call it
here's where we're here they learn all of that from us it's not like it just made it right but where we're going is that there there have always been ai
researchers and those ai researchers have like built all these ai systems and like kind of pushed
ai in general what where we're going is ai is going to do the ai research and eventually we're
not going to understand what they're fucking doing we're not going to understand what they're
doing to themselves they're going to be like self preparing like self upgrading and these things are going to get so good that it's not going to
make any sense to even the smartest humans on the fucking planet so i mean like when ai research
gets taken over by ai that's when you see like a stupid increase in innovation and like how
this shit gets built that nobody's going to fucking understand frankly like there's not
going to be a human but guess what in the world that can understand what it's doing so but guess what guess what they're
always gonna understand bitcoin yeah that's why we're going higher exactly we're going higher
as soon as the ai takes over and destroys us right a hundred years down the road someone's
gonna find a bitcoin uh uh is gonna find a bitcoin node and then they're gonna have all our jpegs on there
and they're gonna just rewrite history all over yeah bro bitcoin one fucking bitcoin ai to the
moon move to the mountains don't move to the city you're gonna die the moon doesn't exist
so pinned up top doesn't exist but it is there now the moon doesn't exist you need this have
you have the alex jones uh scream on your soundboard right now
Like that's I think this would be great. This is our info wars. Welcome to our ted talk
Ah, go ahead. No, let's go to liquid. Yeah, let's go to making money before all you fucking tinfoil heads
Have a convention
You just said that wasn't me
Yeah, I don't know double can't see water He said that that's Yeah. I don't know. Double can't see water.
He said that that's impossible, and I don't even know how that works.
No, I said I can't see water.
You said I can't see water.
Okay, bear.
Water isn't water.
I mean, it's like saying that fish can't see air when they're on the other side.
no wait you said i couldn't oh see see anyway liquidium if you guys have used liquidium uh
No, wait.
You said I couldn't see air. Oh, see?
See?
Anyway, liquidium.
over this last season the claim is now live um even if you haven't really used it that much
just go at least and check because i think that from past seasons they did retroactive drops
but they are slowly gearing up and the token is actually worth 150 more than it was two weeks ago so definitely worth it if
you were farming during this down period right when it comes down to receiving the reward um
price is stabilized and they have a big announcement coming out on monday so i'd look into maybe
potentially positioning myself for that announcement and just seeing what it is could
be a sell the news event
you know um but rumor is that it's something good and cooking maybe cross chain and cross borders
right they've already split the business so to speak between um kind of a degen side catering
towards runes fungible tokens jpegs swaps and then they have more of a professional page now almost looking like a
trad fi route uh for bitcoin so be excited to see what they unveil on monday but if you did
participate go check that out because you can claim your tokens um the seeker baby you want
to talk about the token yeah we can talk about that and the token that's coming out. That's what I was going to say. I think that for anybody that got a Seeker phone, you do have to go update your shipping information. They came out with that earlier this morning. It is an additional $500.
in the original pre-sale. It was roughly around $450. You got yourself a Soulbound token. So I
think that there's a couple ways to play this, right? Ultimately, the Soulbound token is there.
And that's how a lot of projects and everyone has used to do airdrops, to do allocations,
whitelists, etc. They can't take that from you, right? Even if you don't finish paying off of
the phone. But I think that if you don't finish the drop,
you probably won't receive the seeker token, right? Because I mean, it's kind of pointless.
If I can still get the seeker token, just because of my soulbound, and I don't have to pay the 500,
then there's no point in paying for the device itself, right? But if any of you guys did,
I know a lot of us have, or did that like two years ago, I think.
It's finally up for shipping and ready to go.
And it is, like I said, an additional $500.
And I'm going to pin some information that they launched about a new token called Seeker.
It's SKR.
It will be for mobile ecosystem builders to use, and it will be essentially what's powering their Web3 mobile ecosystem.
It will be for mobile ecosystem builders to use.
They have something called TPIN, which is a Trusted Execution Environment Platform Infrastructure Network.
So just a little play on D-PIN, right?
But it'll use the hardware layer, the platform layer, and the network layer.
Typically, most D-PINs are utilizing just hardware, right? And then are paying you yield
from the hardware into a network version of a token. But this is claiming to do all three.
Bearish for Sol, bullish for Sol. It says it's bearish because it could contribute to the fragmentation and
and the liquidity the overall liquidity of salt if the token does badly it could affect the sole
price itself bullish for soul because uh as you know a lot of the ecosystem teams have received
sole grants since the inception and this could reduce the dilution of soul by giving sneaker
grants to mobile ecosystem builders instead. So all the information is pinned
up to the top. If you do have one of those pre-ordered, go check it out. All you need is
your email address. They'll send you a one-time code and then you can populate and see if you
want to finish your order. I mean, Solana's main use case and what they try to push is building
apps and dApps. And so the fact that
now they're trying to compete with the App Store, I don't know if that changes now that the App Store
can now facilitate crypto applications now. I thought this would be a good idea if Apple
continued this 33% tax on all crypto apps with microtransactions. Now they're allowing that.
I wonder if it would just be better just to try to build apps for the app store instead of creating a totally decentralized
app store for Solana apps. But I mean, the phone, if you're trying to build apps,
where do you buy it? Where do you play with apps? You play on a phone. So I think
this is kind of in line with their vision of continuing to build user-friendly apps for
applications for phones and just for Solana in general. i don't know how i feel about it um i do think the airdrop the seeker token will
probably pay for the 500 you just have to have a little faith like i i think how would they split
that from the soulbound though that's what i'm trying to understand if they use the soulbound
as the anchor for airdrops and the kind of proof if seeker is going to come out
i mean would it not go to the soulbound token well i think with the old phone you registered
the new phone and it gave you a new soulbound so i would imagine when you open the phone and
you register it there'll be a new wallet or a claim like a physical claim on the phone itself
yeah exactly so i think that's where it's going to be a new soulbound token for the seeker
and all the i think all the new airdrops are going to go to that soulbound token and the
old soulbound token will probably be vacated and not used anymore maybe just kind of like a
something in your wallet to show your early supporter so and i'm really whoa whoa whoa
i also think that they're gonna juice up at least those first airdrops too whenever it goes live
someone is gonna airdrop something because it just went live. Oh, Seeker went live today. We decided to airdrop all the soulbound tokens on
that. Whether or not it would be worth anything, I think that just re-found attention behind using
the phones as a distribution method could incentivize teams to do so. I mean, you got
$1,500 worth of airdrops since you got the sold out tokens so what do you think is going to happen with the new one i mean
you're you're right they're going to use that as a distribution network and to get more people
into their tokens and stuff so definitely worth the five hundred dollars i think you'll get it
the old app store the old app store on the saga phone was trash there's literally only
a handful of apps you can actually make for blockchain so why do you
need a whole app store for that right you just what do you what do you have like a slingshot app
like a like a launch pad an exchange what's the difference between the slingshot and i guess a
solana native app nothing the only difference is it connects to the stupid phone oh yeah that's what i'm trying
to understand like maybe i'm ignorant like tech wise but i just didn't know that they're like
i guess specific only blockchain only dApps well the the the point of the whole phone is that you
have the hardware wallet on the phone on the phone right like a ledger connected to your phone so when
you you go to use these apps it's like you just uh when you go into um what do you call it do the transaction you get to just um
connect to your wallet right there using like the face id or whatever that's really the only
difference but it but it's not as seamless as you would expect though you know it feels exactly as
if you had phantom on there and just open up the wallet and approve the transaction and go to the next thing.
So it's, I mean, it's pretty cool, but like, I don't know.
It's not, when I, when I used the Saga phone, it wasn't like, oh my God, this is amazing.
Like I have this beautiful app store.
And now with like Apple allowing you to, you know, link out of the app store, why do you need a separate app store?
You don't.
So I don't know
right i mean they they had they had yeah you know i'm saying like i think they were kind of pivoting
it's like oh we want to decentralize app store apple's not going to let us actually do anything
here and so they created device with that narrative and then apple flipped the script last month
and they still have to deliver the device right and so what i really think this is is just a device for airdrops.
And I think that you will get your money back
on the airdrops.
So like, don't think this is gonna be revolutionary.
Maybe there's some kind of grant system
where you build dApps inside their dApp store
and now they have like a phone to like work with
to make it more streamlined or something.
But yeah, Apple flipping the script on everybody
two months ago, basically kind of,
that's why I say it kind of fucked up their business model and kind of the use of this because i do think that the centralized app store would be useful if apple didn't do that so but this is
all just a vessel for airdrops and i do think you'll get you know 500 worth of airdrops with
this a relatively short period of time with the seeker and then plus other airdrops so
yep sam's more uh got picked up to the top.
Tari, big update.
Actually, I heard the Vee in Space, too,
and a couple updates are happening, right?
As of block 50,000,
they are going to be
in a sense forking the Tari pools.
We talked briefly about this
a while back when I did the write-up,
but the new pool will be
a lot smaller. It will
have a hash output threshold, so it stops bigger rigs, bigger computers, servers, whatever it is,
from basically taking all your cookies. If you enter this new pool with heavier hash rate than,
you know, the threshold, you will receive nothing. You are just donating
to the smaller miners solving. So really splitting it up, they realized that since mainnet went live,
it just kind of got taken over by companies, basically just mining companies, right? Renting
out GPU farms, etc. And the whole idea of everybody can mine on Ti universe game uh is starting to dwindle down
right no one's wanting to do it every day you wake up and it's zero xtm so that was shared i think on
the space a day or two ago that will go live on block 50 000 that should be in two weeks right i
think it's the first or something that is planning and then secondly this dropped two hours ago uh as of the 28th any of the xtm right which is the token you're
technically mining uh that you have and have mined since mainnet went live went live uh you'll
be able to actually sell so as of the 28th powered by layer zero users will be able to swap bridge by
uh w wrapped xtm on 130 different chains so keep farming if you're farming out there if you've been
going since mainnet i know some of us have made a couple shekels right it's just not been as
profitable as before but finally with off ramps i think there are a
couple chinese and some otc exchanges right now that people are swapping and selling their xtm on
but at least this through layer zero you'll be able to go in and out uh like they said through
130 chains so i'm gonna get to you i span right after i talk about this it's the defy app which
is basically the Wayfinder competitor.
I've been telling you guys about trading on their app.
They have gasless bridges.
You get inside their degeneration, you earn XP.
They basically announced their home token yesterday.
And just kind of the TLDR, home token is the central DeFi app's functionality, enabling seamless interactions within the platform.
DeFi app features user-friendly interfaces and trading yields, farming, airdrop participation, cross-chain support, and allowing transactions across various blockchains, gasless
transactions, session approvals, and enhanced user experience. The integration with fiat and
on and off ramps, easy to fund. So I guess this app is, I guess this coin is going to be, guess,
their token for this application and for this wallet so i would imagine this is probably
what's going to get airdropped to people that participated in the degen arena and uh got on
top of those leaderboards and they just announced this 21 hours ago so just want to bring that up
i know a lot of people were using that i brought it up on a stream back in january it basically has
ai agents inside of it i think it's called Gemini. Very similar to Wayfinder.
So if you did go into those XP degenerenas,
the home token is probably what's going to be airdropped to you whenever this goes live.
So the article is there for you guys to read if you guys want.
I just wanted to bring that up to you
since we did talk about it in the past.
So go to Iceman.
Then we'll say what's up with the JIT,
and then we'll keep it rolling.
Go to Iceman.
Yo, what's going on, fam?
TDA or State 4.
I don't have too much alpha.
I do have some updates.
I know I've been dropping a lot of Somnia Gaming.
I posted this about five days ago.
If you want to get into it, kind of look into a hub.
Gamer Labs by Uprising Labs.
They're kind of the hub for basically everything Somnia Gaming. look into a hub. Gamer Labs by Uprising Labs.
They're kind of the hub for basically everything
Somnia Gaming.
If you want to get into
that type of stuff.
Another game that's coming out of
the Somnia Network is
Pixcape.
I believe...
Let me see if I can find it here in my bookmarks.
It reminds me of a mobile game called Survivor.io.
It seems kind of fun.
The game looks kind of sweet.
There's no test play yet or anything,
but apparently you have to collect these four badges to get whitelisted.
They do have an opening in their Discord.
You can go there and try to get into their
playtest as well and one more thing I wanted to point out with the Kato thing
I know that the inflex head is basically giving rewards for state Kato users and
that's 5,000 Kato or more Sun Sun Rising Lair is actually doing a state Kato thing as well, but for state Kato's with only 100.
So if you don't have any exposure to Kato or YAPS or anything like that at this time, I know the Kato token has been ripping lately.
But if you want to take a gamble on getting some uh exposure to
cato and to whatever they're building over here um i'll be looking into this definitely for sure
but i just thought i'd just drop those in there for you yeah i saw like uh you was talking about
um some kind of funding possibly and then he was talking about cookie uh dot fun yesterday just
blew up the fucking space um and he also said this morning strategic
a time weight loyalty based system to incentivize rewarding long-term behaviors long-term stakers
long-term yappies believers uh will eat so it looks like if you go over to their competition
you could possibly be uh nerfed or disqualified from yaps so just make sure you guys understand
what you're doing.
And the thing about Cookie is Cookie came out almost like a year and a half ago, bro.
They've been doing absolute jack shit, but sitting on their hands.
Basically just copying and seeing what they can do.
I mean, this is literally a combination of fucking, what was it?
of fucking what was it uh jack screener for ai agents basically so like when ai what was it
Jack screener for AI agents, basically.
it was like mindshare for like the top social ai agents and shit it would just keep you updated
with like the ones that had the highest market caps and when we're leading it in mindshare
it's like when the ai revolution took off lm revolution you use cookie.fun to basically see
which ones or had the highest market caps the the ones would have the highest sentiment. And so like,
does that token even do shit when everybody has it?
What's the,
what,
like,
what is the data worth?
Right.
So it's like,
I don't know,
dude,
I see cookie.
Not fun.
I see it as a vampire attack,
but I don't think this is going to be worth a damn.
To be completely honest.
I don't,
I think you're wasting your time.
Like when all the pre-sales on a backs went ballistic and then we had the
last pre-sale and it wasn't worth a damn.
This is kind of what's making me remind me of like
the meta's hot, we have a winner
and now we have vampire attacks,
which these tokens aren't going to be worth a damn.
You're just kind of wasting your time farming this
for no reason.
And they need your farm to prove to their investors
they have metrics that they're willing to invest.
So you're basically giving them the data they need
to go to investors so they can see the liquidity pool to give you
airdrops and the airdrops usually like five bucks so i think this is probably a waste of your time
but hey go go farm go figure it out do it yourself that's just my opinion bro i don't think it's
gonna be worth a shit that's cool it's not gonna be worth a shit stop connecting your twitter to
random bullshit just wait one of these days bro that's just
gonna cook all of us in the space i mean i got a yubi key so hopefully that saves me but
um if you don't i'm just saying be careful or go back through and periodically remove connections
you know from shit you'll see shit that you did a year ago is still connected on your twitter
or your discord has integrations right it takes that getting
compromised and it's a wrap go ahead shit yo what's up sorry my dog was just barking
yeah dude i dude i'm trying to understand like the mental illness behind everyone going crazy
over like sharing like their cookie fun link it's like dude data is like a zero-sum game like let's end that real quick
let's end that real quick hey if you have any decent of a following you can just go to cookie
dot fun and you don't have to use anyone's link and they'll let you in holy shit you didn't wonder
how everybody had a fucking invitation it's because the website gives them to everybody i just want
to know like like who start like who's who begins these chains like like how did like the worst
airdrops proliferate like this because like like like i like i know the moon math behind what's
gonna happen with like the iso airdrop that i'm working on and shit. And it's like, bro, the numbers relative to the traditional air to the traditional airdrop is just
like a huge contrast.
Yet you see like the most dog shit,
like projects being farmed right now.
So, and I mean, this happens every time.
It's like, everyone starts talking about like, Oh, like I think of liquidiums,
like, yo, everyone farm liquidium.
And it's like, guys, this is literally a lending platform on Bitcoin that like just raised a series A.
Like, how big do you think this airdrop is going to be relative to the amount of fees that they've collected so far?
It's like you can really just do the math on some of these things and determine like like and determine like how much like you know is this
really worth my time right so i don't know it i just want to know like what cabals are like they
start all these like dumb like like shells for farming right like i know i know i know i have a
list of all of the airdropper airdrop people who were like shilling Cosmos at the beginning of this
cycle, you know,
in Q1 of 2024.
I know all those
people, but I'm wondering like who's
pushing the cookie dot funds and
some of this other like really
shitty stuff that's like on some of these like layer
twos.
The social fi, the social fi
aspect is like obviously the KOLs that talk about it have a massive following,
and they get 10% of all the trading fees that happen on whatever this campaign that happens
tomorrow. So they're always incentivized. That's why it's like in the bear market,
you see social fi print because the KOLs print off their following by people using their referrals.
So there's a massive community follows those people,
and copy traders follows people, and it gets those metrics.
But eventually what happens is the socialify platform isn't worth a damn.
We don't have enough bandwidth to do another app.
We're already on Kato.
We're already on Farcast.
We're already on Twitter.
And then it just falls flat on its face when it's not fun
or it's just kind of like not a great experience.
If the KOL is making so much money being a key opinion leader, the fuck you need me for?
Like a lot of people don't know what to do.
They just need a signal.
And a lot of the signals like-
No, no, no.
Like that's the general question.
If they're making so much money through you, through people following them, why is it that
they need you to follow a referral link?
I personally think motherfuckers that actually make real money, they don't got referral links.
They don't put referral links to shit. If you're making money, the fuck you need a referral point
for? You don't. You're making money. Influencers don't make money. Exactly. That's my point.
Motherfuckers ain't making money. Oh yeah, they get referral links. And that's exactly,
this is affiliate marketing. That's how they make money. Yeah, this is affiliate marketing all over again
This is web to bullshit when you actually ask questions of what you're doing
You're buying courses on courses on how to do courses and you're like what?
Go ahead. It's a good trader. No one's a good trader. They just have copy traders that pump like buy after them like
No, there's some people that got a little sauce and inside
Yeah, but they're not on the timeline. That's the thing. Like I said, no one making money is shilling a referral link and I'll stand by that
I don't care who you are
There's like there's a like the 1% there's a 1% of people that do that actually that's a great business model right selling a course about the course
Like there are some influential people
that do make money like that.
So yeah, there's like one or two,
but then trying to tell you
that you're gonna now make money
by sending your referral link
is where it's gonna break down.
And that's how all the pyramids work, right?
So we can't expect like pyramid after pyramid scheme
to continue to work.
You just gotta get in early
and then pass the buck to the next fool. That just got to get in early and then pass it,
pass the buck to the next,
you know,
fool.
That's basically what we're doing.
Fool theory here.
Yeah.
I mean,
it worked for bull X,
right?
Like bull X stole a lot of photon users.
Cause they were doing the rep share split for referrals.
So if you handed out your referral to a lot of people,
you were,
you were collecting like that like a part of
their fees as well as like their referral fees and then axiom did it but axiom juiced it up even more
and like the money you were making on your referrals was just like it's the same like i
have a friend who has less than like 500 followers nobody knows him about in this space but he's been
around just as long as i have he gave out his referral to a few people he was he was an axiom like probably one of the first
people he he was he's been making over a soul a day every day just on axiom wasn't that how like
the blast one was i think i saw some random put a blast link and i think like yeah ring or one of
these whales hit on his shit and that dude just won because of that, you know?
Yeah.
So those kind of, like, those work, but they're not, they're not,
they're actually a bad idea for the company
because essentially what happens is that
that person who's, like, referring all those people,
well, then, like, they're making so much money
off your platform already
that they don't even care to wait for an airdrop,
and they'll just take all of their referrals over to the next platform and do the same shit over there.
Right.
So it's.
Yeah.
So I like really.
Yeah.
And that was my point.
Is that the person at the top isn't actually it's selling a course on how to sell a course and not actually utilizing the plot. Like if you have someone that's a net positive at the top, utilizing, dropping money, whether it be through spending money, right.
Or having influence for others to spend money. That's one thing. But if you're not utilizing
these platforms and if we're farming referral farms, that's just, I mean, that's affiliate
marketing from web too. That's what econ bros do all over the place. And I mean, it is profitable
till it's not. And then you're just that guy. You're the course selling guy.
Go ahead, Cass.
Now, I posted a FUD tweet today and I really don't FUD much stuff publicly, but I was definitely
FUDing cookie.fun and Kato because they're a good business idea and they are a good business in the sense of being a marketing agency.
But the approach doesn't technically make sense
when you think about it long-term.
Because like you guys are saying,
it becomes a lot like affiliate marketing
where yes, the top 100 and top 50 yappers,
they're gonna cook.
They're gonna keep cooking.
They're gonna get every airdrop.
And those people already have like a large engagement base and a large following.
So like everything that Cato does, they're going to be happy with.
And that's great.
And that's why it worked to get like the whole idea proliferated.
But now we're at the point where it's like, okay, does Cato continue down this path of
being the CT main marketing agency?
And then they have to go and get paid for all of these projects
that need to be shilled, which as we know in this space, 99% of fucking projects are dog shit and
they're not going to go anywhere. And then that's when it's like, okay, what happens when you run a
marketing agency and 99% of your clients are in the shitter or nobody actually wants to talk about
those products any longer i think that
they're framing themselves at not being a marketing agency though they provide infrastructure
leaderboards and basically um ui ux what the fuck is a leaderboard bro what the fuck does that mean
they're like hambridge analytica of web no that's literally what they say bro like we provide data
and it's basically like they're dune analytics on crack
you can go get a dune analytics board made but they're not saying that they're gonna promote
marketing you're going to use them to promote marketing you know it's kind of like that oh
we're it is us but it's not us we're providing a service how you use the services on you
but everybody knows how they use the service. No, and I get that.
And that's why I thought in the beginning it was a great, and I still think it is a good business idea because data analytics and data in general is always a profitable business if you know how to sell it.
Which they do know how to sell it, and they're selling it to projects that need CT influencers to fucking show their shit.
Which, once again, perfectly fine.
I don't think it's a problem. I just think like the long-term sustainability, like the real value they could
have had is if they broke out of CT and said, Hey, we're going to be the number one Twitter,
you know, data analytics platform. And we will connect all, you know, Coca-Cola top tier level
Forbes 500 brands with creators that love their fucking
product. But they're not doing that. It's not the route that's happening, unless I don't know,
unless they're slowing the pivot or whatever it may be. But I don't know. I think most of the
stuff that we see with crypto, it's like the shelf life has a short time period
unless there's like more just yeah there's more to come outside of crypto and and ct you know
go ahead pete solid take though yeah dude uh to your point before about refer people who have
referral links that aren't making money yeah i have a referral link um if anybody wants to hit me up about it yeah i'm uh yep i'm not making any money so i got a referral
link let me know link in bio before pete if you want to go to my link in my bio before pete
finishes talking thank you dude thank you dude yeah look i mean look the thing with that is that
people like me exist i'm one of those kind of people, bro, that I just, I go, I click your link, and then I look at the bar, and I'm like, oh, look at those numbers, bro.
Let's fucking see what page pulls up if I remove these motherfuckers.
And I take them all off, and I'm like, I'm going to get credit for myself.
I brought myself here.
You got me fucked up that I'm going to be a billboard number for you.
Nah, nah, nah, nah, nah.
I'm just being honest, bro.
People like me exist exist and it's
not like i'll send you 10 bucks if you use my ref link that's not a bad deal that's a good deal
now we're talking dude yes sir yeah we got a nice little referral system over at cube
we're paying out straight cash so you know keep it real back to the paypal days
well i do actually think in crypto the concentration of money is to the point where
you could actually make good money on an affiliate links rather than web2 right because like
if you're dealing with the entire like web2 space trying to do affiliate links you're going to fail
but at least here it's a smaller amount
and a smaller audience with a larger concentration of of money that is available for you to get right
so i think it's it is a if you're gonna do affiliate at all it's probably better to do
it in crypto than web 2 because you have no chance like trying to do it on instagram or something
like that and with like amazon affiliate links or something like that. And with like Amazon affiliate links or something like that, you'll make like pennies. Bro, Robinhood cooked, dude.
Robinhood's refer a friend, you both get a stock, that cooked.
That fucking cooked.
That's a referral campaign that like really worked.
Same with the PayPal.
You refer somebody, we'll both give you $25 each.
That's like the most famous like referral method.
This was just so obvious.
Early days, right?
This was just so obvious that cookie.fund
basically paid some KOLs to promote this
and they farmed their followers.
And I just don't think that the platform's
that worth a damn to actually,
it'd be worth anybody's time to actually do it.
I'm going to be proved wrong.
Does no one gauge these people's on conversions?
That's one of my
biggest things too it's like you're paying them this marketing spend to be the voice in the
billboard but you don't care if like you actually get people to utilize the platform or spend money
because if it's all about quote-unquote low quality users which users are ranked it's not about
let's just be honest if we're running a business we're running a business right Let's talk about how much money you're going to spend on the platform versus how much
money I need to sustain it, overhead I have, whether it's worth the cost of acquisition,
whether it's worth the cost of retention, right? These are all things you have to go into.
So it's like, how are conversions not necessarily a metric anymore? Because very few companies say, well, I'm only going to pay
you if you hit X threshold, right? It is more just about go be a billboard, not what can you actually
do for me and where can I see proof of it? Yeah, those are like scam companies that like don't
care about the longevity of their company. They're just looking to pump the metrics,
their uh of their other company they're just looking to pump the metrics you know raise some
more vc airdrop a token like sell the top that's exactly what that is and um i think
from my pov because you know like where we've been we've been taught i've been talking to a lot of
like people like well-respected people in the space like you guys lord r p um six one apes
like i'm talking to all these guys and like i'm like
trying to figure out like how we can like build like a long-term partnership with these people
and then i'm also like getting the numbers on like what some of like the bigger i guess like
kols in the space like charge and it's like you know there's no metrics to back what they're
charging you know there's like you know it's like it's basically like it's basically like here
Like you pay us take on all the risk and if this doesn't work out that we're paid and that's all that's all there is to it
Right. So it's like you get likes and retweets. You're like the fuck does that do?
Yeah, yeah, if everyone can like my tweets and retweet my tweets
Let me know. Thank you. I'm paying 10 bucks. Show Fartcorn, bro. Show Fartcorn.
You guys all realize that cloud is the only thing that matters in this space.
I know that it sounds cringy, but that's basically what these projects
and they want those KOLs community.
And the fact that they get likes and retweets is basically all they're asking.
And it's a crazy amount of money to give a KOL for some likes and retweets.
Like, what does that fucking do?
To be completely honest.
But, uh, I mean, as someone that is in this space that gets DMS from people, I could see
a low effort fucking KOL scheme when I see it in this cookie.fun has all the red flags
of a low effort KOL scheme.
So I'm going to stay away from it.
I could be proven wrong, but, uh, when everybody's in it, what's the point?
Is there another token though? That's what I'm confused. Cookies already out. There's going to stay away from it. I could be proven wrong, but when everybody's in it, what's the point? Is there another token, though?
That's what I'm confused.
Cookies are already out.
There's going to be snaps.
It's going to be called snaps.
Oh, okay, because that's what I was like, bro, because cookies are literally already out last year, and that was kind of a fail.
Socialify bullshit fucking dog shit is so – dude, there's snaps, yaps, fucking quacks.
All this shit is stupid.
It's a derivative.
It's a derivative.
But here's the thing that's
interesting about socialfy anyone that's out there listening i mean everyone's focusing on a social
model that's existed since the beginning of social media right it's just written content
likes and engagements audio has only been around the last four years right i mean like you're
focusing on the wrong social form of
connection. And that's just, I mean, I'm going to double down and I'm going to keep saying it.
That's why X and I keep showing up. I mean, I don't write shit. I talk, I come to spaces,
I converse, I have real world connections with people. It's a little bit different.
And so I think that the next platform or when we can get a platform that has an AI capable
of deciphering or rewarding audio, then it's game
over, right? Because audio is the one component that wasn't present in any other bull run,
right? Even when clubhouse days, that's what brought all the apes here. They were fucking
talking in clubhouse to each other face to face words or making fucking monkey noises and shit.
So it's like when they came over to Twitter, we saw spaces get born and we saw more and more
people start paying for spaces, paying for advertisement. But I mean, this is a think of it
as a radio show. It's an ad, right? I mean, it's presence in that sense. So I don't know. I think
that when we see the actual audio version of Socialify come out or Infoify, that's going to
open new doors. But right now we're just trying to make the wheel prettier.
But none of this is a new form of marketing.
None of this is a new form of reach.
It's the same thing, right?
And that's why we're even seeing AI slop and copywriting and all that shit take such high demand right now.
I heard Kato's working on that.
I don't know.
I mean, I do think video content and audio content added to this algorithm for yaps would be a game changer.
But they said that they're working on it.
I don't know how they're going to fucking do it.
But I do think that is a good point.
And it's definitely another data, two other data points that need to be measured here instead of just written in likes and retweets, bro.
So you want to get into this steady, steady, steady shit?
Yeah, just as we wrap up, a couple opportunities we have for you guys.
I've been talking about Sussanet.
Fucking Vitalik is retweeting, right?
The chain itself.
It's a ZK-proof system that decentralizes ways to do ZK-proving, right?
Vitalik is trying to actually implement it to core Ethereum, right?
As a full EIP upgrade.
So they're offering opportunity for you guys to participate it's an
art competition and then just a regular if you have a teddy do this bullshit um any and all of
the winners of the raffles will receive codes and then some will receive access into the white list
guaranteed for their phase two so you go on on testnet, you earn those stars.
Those are what those are giving away.
And those are supposedly allocation
for their token that's coming out.
This has been something that I've been talking to you guys
about just being kind of hard to get involved with
or get information.
Is the Barra Ponzi getting even more Ponzi-esque?
We're building a blockchain under studies
no no this isn't under studies this is just a collab with them for a new protocol that's coming
oh yeah i could i could pin up you guys are interested in sucking they basically had a
little tldr and what they're doing it's called sp1 i love how no one knows how to say that shit
is it suck it is it sustenance is it is it like I said in I think sunset Um, but yeah, they're basically
10,000 maintenance blocks 93% of all blocks were proven in 12 seconds
And this is gonna supposedly gonna help the bottleneck on L1 and this is we're talking about Vitalik
Trying to keep compete Solana and trying to bring people back to L1 and this could possibly help
Get more transactions
So basically block types. Well what this does is right if you were to go build the ZK proof right now
Each one of them is custom to the blockchain and it's custom to the builder in the protocol itself
What Sustenant is gonna do is they created a not just say succinct. Oh succinct. I hate to interrupt you
But it's succinct. There you go. That's the only reason I came up. I like Succite Better.
But succinct is doing a easy slash decentralized way to get a ZK proof dot, right?
I'm not going to say it's a base model that you then build off of, but they're basically
providing a skeleton for any chain and anyone that wants to implement it.
And it just becomes versatile in that sense
versus taking years and count like hundreds of thousands of dollars to create your own zk roll
up right to deuce to start proofing you can now take the succinct um base and skeleton and then
tweak it and customize it to what you need so kind of like a out the door ready zk proof for people
so that's why it's becoming more and more popular oh yo go ahead jit yo sorry lol um dude i saw the
founder of this succinct lab she was like talking on like solana a few weeks ago but um yeah what um yeah bullish
yeah just like you talk shit on ethereum you just guys are different bulls and different china
shops you know like they like ethereum and you like solana and that's how it works um we had
jonah on about this frankie diners thing about an hour ago they kind of basically uh gave you
everything you need to know on it um this is going to be like the next abstract game.
So what the fuck is Frankie Go?
It's a charming browser-based on-chain RPG,
mixing idle mechanics, satisfying choices, chaotic energy,
and meme coin rewards.
Play as Frankie as you brave wild encounters,
dodge traps, and hunt treasures in the world
where luck strategy and means cobblies so
how it works is um how we designed it built to be fun and rewarding decisions shape your outcomes
every run is randomized easy to play fun to master strategy matters heal skip or go for a treasure
how to play you connect your agw wallet use or a ticket, burn it to start a session, survive 10 days of
traps, battles, and blessings, and a chest. Make it to the end. Open the victory chest. Die before
10 days. You still will keep what you earned, if anything. The ticket mechanics. One ticket equals
one full 10-day run. Multi-tickets equals bigger rewards. Tickets are non-tradable on-chain assets.
Free-to-play option available.
No ETH needed on rewards either.
Collabs and partners can claim their tickets next week.
Frankie Diner Holder Perks.
So if you hold one of their NFTs, you will earn one ticket per day per Frankie.
Start stacking.
Holders must link EVM wallet to the AGWA account.
evm wallet to the agwa account tickets accumulate daily you will use them as you go for free paid
Tickets accumulate daily.
runs and for them to unleash a bigger multiplier at the end of the season crumbs players will start
collecting them early and before you know it you're climbing the leaderboard one chrome at a
time expect a nibble or those later frankie the gold launches next week on abstract stay tuned for
more updates so that's the project that Jonah's been hinting at
and it looks like it's starting next
week. I'm going to bring that information up there. It's all
pinned up top if you guys want more info.
Pinned up to the top,
we've seen it all now.
For the first time in history
we have an actual Bitcoin-based
rune hit a tier one exchange.
Should definitely
bring a little bit more eyes and
validity to the ecosystem as a whole shout out to the leo supporters and the dog crew
there is a moon and it looks like the dog is trying to go so kraken made it official one hour ago
that dog bitcoin version is supposed to be integrated into the kraken exchange
uh distributed ai just went live 177 million dollars claim now um and then lastly as we
finish off uh yesterday elmo uh told us about the remelia war games that was going to be coming out on Abstract,
a new kind of Ponzi game that's going over there, Remilio-esque.
He said that some people, I mean, some people from the Remilio, I guess, team,
or just in general from that ecosystem have at least been looking at it.
We got a TDA exclusive code, right?
So I'm going to post this up to the top for you guys to check out.
You can go and play some of the games.
But for anybody that is listening right now, the code is TDA lowercase.
So connect your wallet to the Remiglio Civil War games.
And then there's a spot that says secret password.
Feel free to check that out and put the TDA code in and, you know, farm some XP.
So looking forward to see how that comes out.
I mean, apparently more and more people from our community have at least been talking to them.
So we'll see.
That's it, man.
I think we're running about 12.
And then for those of you guys that did distribute AI, I don't know if X if x yes he did post it up to the top um you guys go claim right x brought it to
you guys about two to three days ago on the show so just see if that applies to you and then see
what you want to do on that and i mean 15 15 million was the break even it's at 177 million dollars so yeah good call uh appreciate you guys talking
about the daily alpha we'll be back tomorrow tda stay poor appreciate everybody that comes out to
the tda we do this tuesday through saturday 10 15 to about 12 12 30 we have a thread that goes live
at the end of the show uh it's a recap of everything that
we talked about here uh use it as a reference right we know it's a lot of information so as
you're doing your own research use it then we'll catch you guys tomorrow any likes retweets
interactions on the thread and on the space go a long way it's how we can continue to get more
opportunities for the tda it's tda or stay poor Y'all have a good one and y'all be safe. . Thank you. . Thank you.
