Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
THE DAILY ALPHA♻️
Recorded: April 3, 2025 Duration: 1:53:12Space Recording
Short Summary
In a dynamic discussion on Daily Alpha, crypto enthusiasts explored the latest trends, including the upcoming Eternals token launch, Bitcoin's resilience amidst bearish sentiments, and strategic partnerships shaping the market landscape.
Full Transcription
Thank you. what's up what's up what's up welcome back guys to daily alpha we host the show tuesday through
saturday from 1015 to 12.
This week, we'll be going four days.
So we have us today and tomorrow until 12 o'clock.
So we appreciate you guys liking and reposting the space.
We got the purple pill down in the bottom right back again.
So you guys can leave some comments, leave some likes, leave some reposts.
I did the jambo and it worked.
I wanted I've been waiting to see if that would you know
Fix it but yeah did the jambo phone and I guess it's working now
That's what it was. I guess have you updated that iPhone in a while?
Maybe that's was yeah
I put the iPhone update again and I just had chose to start the jambo just as like an experiment, you know
Yeah, so I went through with it. But yeah, I had the iPhone here. It's been updating everything
It literally updated yesterday and so I don't get why but i am getting something
weird i can't post shit so for some reason i don't have the share when i hit share post it
doesn't go all the way to the top so i'll be right back okay no problem i'll get it i'll get us
rolling and um i'll put up allison's thread um from yesterday basically everything
that we covered in the show which was a lot a lot of alpha in yesterday's show um today's show um
i mean i'm no i'm no tariff expert i'm no macro expert to be completely honest i like to listen
to people that are smarter than me but today on timeline, there's really not a lot of hope.
Everybody that's an expert's bearish and calling this, we're going into a recession.
So I don't know if we want to kind of continue down that spiral and talking, you know, fear posting and fear porning. Are we just going to kind of move on, kind of expect what's going to happen and just kind of try to find the next opportunity?
I mean, we could sit here and go over macro. macro we will but it's a lot of bearishness and i know you guys have
already heard it and probably the past four or five shows and since trump's talked yesterday so
i don't know how much more you guys are willing to listen to more bear bear talk but uh we do talk
macro here and we will bring up some topics and stuff. So it's fun, fun times, capitulation on
the timeline. And sometimes I don't like to, like, sometimes I see the overreaction on the timeline.
I'm wondering if this is just kind of an echo chamber. And then I kind of venture out of
Twitter and people are freaking out everywhere. So I think this is bigger than just crypto.
Obviously, this is something that's affecting everybody all around the world. And all said and done, Bitcoin's holding up pretty strong. I mean, we have been
lower than this. We've seen more fear than this. We were down to 76, 77 a few weeks ago.
And it seems like we're more fearful now, which makes me think we possibly are going to go lower
just because there's more fear on the market. is worldwide and people are still digesting of what's actually happening i don't think everybody's kind of
got in their head like this is going to be more of maybe a long-term uh bleed out than just maybe
a v-shaped recovery so i think there's more digestion and more reality checks coming and
we still got six days too yeah that's kind of a good point too is like this is kind of like the scare the yo
We mean business check out our numbers. This is what we're coming at you with in a week
Yeah, cuz there is deadlines like a lot of these big things
Go ahead chief my bad go ahead bro
Okay
Those numbers to just kind of put out, you know,
and then people want to come up and say, well, no, I don't want to pay 40.
I want to pay less.
Well.
I don't know if it's me or you, bro.
I think it's the phone conversion is now making you kind of choppy.
Donk, do you hear?
Is it choppy for you?
I think he's rugged.
Yeah, I think so. All right, I'll check. Because check because i couldn't post it like i couldn't pin nothing and you're good
now it was just there for a few seconds so it was maybe a bit delayed you're kind of we're kind of
talking over each other a little bit and then you kind of chopped out so that's kind of still at
the unk what's up unk what's up brother gm gm i just i just know i live by this old adage
that they say is you gotta blow it up to build so i'm happy we're on this route i i've seen
i've seen all other foreign leaders actually come back and you know reduce their taxes to
somewhat effect and i am ignorant to the fact that I had no clue what he was supposed to do.
And I didn't even know that he was going to do a half a 50%,
which I think it's a positive note.
It's like, all right, here's one card we'll show you out of our five.
So I do see this as a positive structure.
I don't see him as like, all right, 100% taxes.
F everyone.
Let's move on.
Let's burn it down.
Let's build it and let's go. I see it as in like, all right, 100% taxes, F everyone, let's move on, let's burn it down, let's build it and let's go. I see it as like, all right, let's test the waters, see how we see this affect our market
and then play it by ear. But I've heard plenty of people say, which I totally agree, and I've
been saying, this is one of his cards, and he's just playing it. And it might not just be to get reciprocal taxes off but it could also be to
change something with how they how they run their country for you know for protection or for for
investments things like that so it's not just like saying all right we want to equal uh tax uh tariffs
and that's it yeah it's like obviously i I think the deadline on this is the ninth. And
I've seen, you know, labor deals, UPS strikes, fucking NFL, these, these deadlines are negotiation
tactics to these points. And there's a lot of stuff that happens in the 12th hour. So I do think
they're, they're kind of harsh. And I think it's a way to kind of negotiate that this is the stance
that we're taking. If you guys want to play ball, let's go to the table and we have till the ninth for a lot of these
reciprocal tariffs to go in pack intact.
And I would imagine that some of these will play ball and some of these
will be excluded like Canada and Mexico was by the ninth,
in my opinion,
but we will fucking see dude.
I don't know what the thinking like,
I kind of see is this as what NFL teams do when they fire their head,
their head coaches, you know, has a lousy ass ass team he's been the head coach for four or five years
the team hasn't gone to the playoffs it's oh and zero the crowd is leaving the stadium so the new
coach comes in and what does he fucking do he fires the GM they fire all the teams and they
bring their own players in and they tank for the season why do they tank so they can get better
draft value so they can draft better players.
And it kind of seems like what's going on here is where they come in,
they replace everybody, they fire everybody,
and they're tanking this season with these tariffs,
it's like tanking the economy so they can refinance the debt
at a lower interest rate and build back with a stronger foundation.
So there is going to be some pain in kind of like the tanking area,
which we're doing right now, but I feel like there is going to be some pain in kind of like the tanking area, which we're doing right now.
But I feel like there is a plan behind this and hopefully it's better for
America in the longterm.
I know that crypto is worldwide and not everybody lives in America,
but you know,
there has to become a point in time where we take care of ourselves first
and then help everybody else.
So I think that's kind of what's happening here.
So I think you said,
I think you said the perfect thing is like they hold out to
the last moment and it's so true because right now the the mlb and mlb players association
next year i think their contract i don't know exactly to it but like their contract ends
and everyone's anticipation that it's going to be a last minute deal and we're we're going to
actually have baseball in 2026 so you, we could just play it like that.
Is that, you know, everyone waits to show their cards last minute.
Sometimes they just muck and fold.
So we'll just have to wait it out and ride the storm.
But one thing about tariffs that I would say is that a lot of people don't understand.
Tariffs aren't necessarily just reciprocal because they're reciprocal.
They're specific items, industries, goods that are tariffed at a higher rate because it is exclusive to that region and that industry as well.
Right. So it's not like, yo, we're taxing.
Let's just say, for example, right.
Easiest one would be coffee.
You guys don't. America doesn't grow.
We don't grow coffee here.
Like there's nothing that you can say or do or shit
or cry or whine. It's not going to change the climate. And so obviously Vietnam charges more
because they are one of the biggest exporters of coffee and then it gives them that ability to
boost their economy with their best producing asset, right? And so the same
thing, Brazil, Colombia are probably going to be the second best or next best bet besides Vietnam,
right? Ultimately, the Vietnam labor force, all that is significantly cheaper to produce and
export coffee than it would be in Colombia or Brazil, right? But the same thing, it's like these things are key trade items
that also prop up economies.
So the reason that they're taxed higher
is not necessarily just a, hey, fuck you.
It's no, because at the end of the day,
we are or they are the only supplier
or the few of the suppliers
and you can't really shop around, you know?
Yeah, and I would like kind of hinting at
like showing you guys interest rates have been falling and giving you guys history of interest
rates don't create the collapse or the black swan it's a symptom of something bigger is happening
and that causes the collapse the last time we've seen interest rates fall was 2000 which was the
crypto.com bubble 08 before the housing crisis, 2020 or 2019,
right before the black swan event
that happened with COVID.
And now we're seeing interest rates fall low again.
And so it's a symptoms of what's going to happen
and what's going to happen.
Obviously the tariffs might be it.
It might be a global meltdown of trade wars.
So we have seen interest rates fall in the past year
and it's a symptom of what's going to possibly
happen next and i think this is what's going to happen next to kind of create this uh downward
turn in our economy uh build it back from where from the ground level once it kind of capitulates
and goes to the bottom so i do see some pain coming in the next you know i mean ideally though
it's like the goal isn't to return back to the industrial revolution, bro, and to open up factories and shit.
I mean, we should be progressing into tech, AI, arts, music, right?
Ideally, transitioning away from manufacturing into automation and doubling down as a tech giant or, you know, as a powerhouse in those sectors.
And I mean, you're starting to see that
in China. I think I don't know if we even talked about it here. But did by the age of six, right,
as from six and up, you are forced to take an AI class now, right? It starts at the end of 2025.
So the class of 2026, every child that is six and older in china is now going to be enrolled in primary school in
elementary into ai courses and stuff like that right so i think that that's ideally ultimately
we're trying to bootstrap our economy but i think that it's kind of in almost uh a rudimentary
fashion right that i mean we should be doubling down on tech as a commodity right and
as a currency rather than in like the industrial revolution manufacturing because dude all that
stuff that we're promoting for jobs if we're honest those jobs will be lost within 10 years
anyway i mean we can sit here build all these factories and they're going to be replaced with
robots within the next five to 10 years.
So let's just, let's be honest on that end.
You know what I'm saying?
Like, we can set this up and create and do whatever we want for the economy.
But that is a short temporary boost as 90% of these jobs will move to automation, especially if it's in the manufacturing and the industrial field.
Like, there's no question asked
You know, those are the main two that are gonna be gone as soon as we can get
Sustainable and cheap enough robots
That's a wrap those industries are done. So it's kind of like a band-aid and in all actuality in my opinion
Because we're pushing towards an industry that's in in a sense, being replaced. And maybe that's on purpose, so we can then dominate with the robots here.
But I don't know.
Then we're starting to, I don't know, just layer a lot.
But yeah, that's just kind of my high-level thoughts on that.
I mean, I would go more towards the tech side and push that sort of the revolution,
as opposed to the industrial revolution like we used to have.
And then just see exactly where that takes us. Yeah, I kind of agree with you. of the revolution as opposed to the industrial revolution like we used to have and then uh just
see exactly where that takes us yeah i kind of agree with you um glutnik was on stage an hour
ago saying we want to rebuild manufacturing in america we can't have a war where we can't get
antibiotics or call for a country to make missiles trump's changing the way people production so they
do want to bring manufacture but chief's right it wants to be more sci-fi kind of tech related jobs where these people are fixing robots that are taking over
our jobs and stuff. So there has to be a point in time where, yes, robots can fix other robots,
but there needs a place for humanity to actually do and have jobs too. And I think what we're
trying to get to is, yes, robots are going to compete with a lot of jobs, service jobs, but
we're going to have Americans and people like in China that are going to be focusing on rebuilding
these things and building new ones so people can have jobs in the future. And it's just not
automated everything. So we are bringing manufacturing back. It's just going to be
tech related, like Chief says. And I just wanted to bring up a few more things on the tariffs and
stuff before we go to the hands. So let's clear up the tariff cast 10% baseline tariff on all countries trump hit 185 countries at once one of the biggest tariffs in
u.s history the rate 50% of whatever they imposed on u.s how they calculate it trade deficit divided
by their exports in the u.s so new china tariff is 54 yo you're choppy and i don't know if it's me or not um yeah so i'm just saying you're choppy
so it's not me i guess not he is choppy i hear him perfectly fine okay then it's me because i
just heard you chop out a little bit too all right i'll go see if i can figure this out i'll be back
it's fine it's fine um so. So Canada and Mexico are exempted for
now. Vietnam's market has the worst day in four plus years. It's minus 5%. April 5th is the
baseline tariff kickoff and April 9th is reciprocal tariffs go live. So we have to the 9th for a lot
of these people to negotiate. Here's also another tariff summary. If you guys want to read it,
just trying to give you guys some information. If you guys aren't sure of what's going on,
at least you guys can find it for yourself. And then the tariff announcement has
already pushing markets to increase the probability of a Fed rate cut this year to four cuts. And now
we're back on the table. So with this, now people maybe are suspecting that we're getting four cuts.
I have seen some disputes that now we're talking about zero rate cuts. So this isn't for sure,
but now people are putting the prediction market. Now we're going from zero rate cuts. So this isn't for sure, but now people are putting in the prediction market.
Now we're going from two to three
to possibly four rate cuts, which would be bullish.
And then polymarket odds in the US recession
is up 47% on the Trump tariff announcement.
So that's a bit on my macro of what I have.
I'll throw it to Unk and then we'll throw it to Pete
and then we'll get Chief back up here
and good things is here.
I'll add him.
So what's good, Unk?
Go ahead, bro. I have some random stuff that applies to the tariffs but it's not crypto related it's that we used to be you know the bedrock of manufacturing like you know
28 of the world's manufacturing or what we we consume was in the united states and until you
know china joined the world trade organization or trade for, I forgot what
it's called, WTF? I forgot what it's called. But since then, they've just been adding and adding
the percentage of what they actually produce to the world. And now they're up to like 28%
when it was like 6% in the 70s. And now they're up to 28%. They're on pace to do like 45% in the next 10 or 20 years.
So basically, if we don't stop doing, we don't continue.
As long as we don't continue in this route, we'll be good.
But if we continue in this route, we won't produce anything and we won't be happy about it.
And there's nothing you can do.
Just like how Chief said, the coffee is created elsewhere.
We can't make coffee here. don't have the the right climate so we need to stop it in its tracks and i also heard
something interesting the other day is that we we see the future is in decades and china sees it in
centuries so basically we're only looking for the next five years ten years basically the next
one or two three presidencies they're looking for the next like years, 10 years, basically the next one or two, three presidencies. They're looking for the next like five lifetimes, basically. So we have to change the game up and
actually like, you know, start shooting the three pointers, basically. I'm with you. I'm with you.
Yeah. Like, it's not just China either. Chief makes such fucking great points with what he
was talking about when it comes to this is merely just a band-aid bro that Scandinavia like all over the modern world India bro the poorest some of the
poorest nations on earth are teaching their elementary schools kids engineering and AI tech
and AI prompt and things of that nature we're not so we can put all these tariffs on the world we
can do all of this shit but at the end of day, it's not going to incentivize Americans to reinvigorate our infrastructure. That's the fundamental issue. You go anywhere
else in the modern world, in a first world country, you can get a good fucking train to
another city. You can't do that here, brother. So it's like all the tariffs, it's sure it's just
going to make America wealthier again, but that money is just going to merely continuously,
continuously, continuously go to the billionaire's pockets. It's not going to make America wealthier again, but that money is just going to merely continuously, continuously, continuously go to the billionaire's pockets.
It's not going to trickle down to us.
We're not going to see it in our schools.
We're not going to see it.
Bro, it's an institutionalized issue.
It's not just an American.
It's literally our entire country is at fault for this.
And when I look at these tariffs, I just say, bro, this is going to
do nothing. It's literally going to do nothing besides give Trump that little stamp of approval
that he so desperately seeks from the rest of the world. And yeah, what we need to do is we need to
fucking, obviously we can't get into that. I think tariffs should literally be the last of our
concern because it's not what's destroying our country right now. Far from it.
It's infrastructure is in my opinion, as chief was saying.
So how do we get the build back to infrastructure if it's so dilapidated in
its third world, bro?
Yeah. So what you got to do is you got to rebuild cities like the West
Detroit and you need to incentivize people by paying them a little bit more to be
proud of their work. Because nobody wants to go and build a car for $16 an hour when health
insurance is $650 a month, when car insurance is $350 a month, and when their kid's tuition is
going to be $72,000 a year. And tariffs have nothing to do with that. Because these factories
are all dilapidated and run down anyway.
So it's going to be a constant vicious cycle.
And nobody's having that conversation.
At least in Washington.
So we are, of course, because we feel it.
But the Washington elites don't feel any of this.
Neither do their children, neither do their uncles, neither do their aunts, neither do their cousins.
do their children now they do their uncles now they do their aunts now they do their cousins
so the uh the the difficulty the difficulty is uh it was brought up by i don't remember who's
peter unk but um like our uh we're competing like our workforce in the united states is competing
against folks from from india from china from from europe parts of europe from parts of africa
from south america people who are highly
incentivized to grind like every day, you know, like way, way more hours than the, in the average,
like American is incentivized. And like when I, it's been a long time, I think I, yeah, I left
in 2019, but when I was at AWS, like, I mean, it's, I was one of the only Americans on my,
on my team.
Like, I'm not even joking.
We had a engineering team of like 14 people.
And I think there was like two or three other like naturally born American citizens.
And this is nothing against the rest of the world.
I'm all about free markets and allowing like one of the great things about the United States is that it is a place where if you've got the fucking grit, if you've got the talent, like you can, you can fucking do something, which isn't always available in the countries that these
folks are coming from. Um, but that said, yeah, I mean, like, like, um, in my, in my graduate
program for computer science, like, again, you know, I was, I was pretty, uh, pretty well
outnumbered, um, by a lot of people who were from other countries. And so this is not an easy issue to solve,
but the biggest thing, just like in general, the biggest thing is AI. Crypto is going to be super
influential and it's going to change everything as well. But AI is happening. It's been happening
for multiple decades. The advances that we're experiencing right now are truly exponential.
We can't, even the people building this stuff can't grapple with it. They can't understand
and interpret where it's going to go. But yeah, in terms of trying to fix America,
we have to not only get our workforce to understand AI and be able to, and trained up and be able to
compete, but we got to get our own fucking
government.
Like people in the United States government don't understand technology.
And that's been plain to see if you look back, you know, even just a few years at some of
the really embarrassing situations where you get in these congressional testimonies.
But I just want to bring up that point because like for me, like if we're not, if a politician
or a government official is not talking about the implications of AI across the board, then we're really not talking about the core problem.
I mean, everything else is important, but AI is at the tip of the fucking spear.
Yeah, that's what I was saying, too. Good things. I mean, I think before you got here, but I mean, we're sitting here talking about creation of the industrial revolution and manufacturing when you have chains and conglomerates like Peak talking about arbitraging
the time that robots work for mass extraction and use. Right. I mean, it's like the complete
opposite. You sit here and we're barely conceptualizing the idea of having one robot
do a job or an automated task. And then you literally have companies and blockchains that are
designed about arbitraging the time where it's not working and selling that off to the highest
bidder to make sure that robot works 24-7. Because, I mean, ideally, we're not here to replicate humans.
If we replicate humans, did we really advance?
Are we really producing much more, right?
Yeah, maybe you save on a couple sick days.
You save on efficiency, right?
You save on mood and whatnot.
But, I mean, ideally, the goal is to take what humans can produce
and obviously do it faster, better, and produce more.
Output more, right?
It's not to output the same exact amount.
It's not to have a robot work eight hours.
No, they want the robot working all 24 of those motherfuckers, bro.
And if you won't pay for it, someone will, right?
Because that robot will be cross-trained.
It'll have different abilities to execute multiple, let's just say, simple tasks and services for other businesses.
And you're going to start tapping into this idea of decentralization, but in a whole different way.
Decentralization of goods and services of people now and automated bots to do things for you.
Makes sense.
Yeah, 100%. Good things if you have a comment on that.
No, I mean, just like, you know, it's, it's, it's, it's going to get cheaper. Like everything is going to get cheaper. That's, that's what AI and automation does.
Like it, as soon as you can remove like human labor it's just,
it's extreme cost cutting. And I've seen this at both companies I've worked with
in the past.
The Boeing company has done a ton of stuff to eliminate, uh, human beings actually working
on the plane.
Like there's still plenty of human beings working on the planes, but, um, I personally
witnessed a ton of, uh, of physical robotics that, that got people off the line.
And I told this story a couple of times, but like, you know, I was part of a group.
We laid off, uh, over 10, you know, I was part of a group. We laid off over 10,000 employees due to automation. And this was people actually working in the physical factories,
working on the planes. But the thing is, is we, we, part of that, that project, the reason so
many people were involved in it, including myself, was that we were trying to find jobs,
other jobs that these people could do. And that's really like, that's the core issue.
It's not, it's not about trying to like protect jobs
or prevent, you know, machines from replacing humans. Like that is inevitable. What we need
to do is we need to work to figure out what are these humans going to do once they are no longer
doing the jobs that they thought they were going to do for, you know, the next several decades.
Yeah. And I've heard Elon Musk saying if robots take over,
which working is just a way to monetize time,
if robots take over doing all our industry and everything we do,
what's the use of money in the first place?
Because all money is is just a transfer.
You did this for this amount of time.
Here's monetization for it.
Here's money.
If robots take over all of the world and all the jobs,
do we even need money? And that's something that he's been talking about recently i don't know this is when all those video
games that i played are definitely gonna i've seen this bro i know what to collect when shit goes to
shit it's not even gonna be bitcoin it's gonna be bottle caps like go look for some shit that's
real in your life go look for some aluminum some silver some gold like if we go this kind of what is money fallout shit yeah then there's gonna be robots walking the land and
whatnot um and and i mean it's just interesting right because it's like you said you're trying
to promote jobs and people and yet this is in the end of the day what do you need money for if you
don't technically have to work right so and then it just
becomes this egg and chicken situation and it's okay then who benefits from it all and then you
go down the universal basic income route and then you know and then that's a whole can of worms
well i can definitely see why trump's doing this good things i don't know if you i mean like who's
being affected by these tariffs really are people that people that have assets, right? And people that are in the stock market.
Well, Trump's voter base doesn't have assets.
They're fucking working class people.
They don't have, they're all in debt.
They all want jobs.
So this is for his voter base, bro.
People that are in unions and people that are looking for their jobs to get jobs here
and recreated in the United States.
So it's like, who's he affecting?
He's affecting people that have used the slush funds and the corruption of the government as like a sugar
daddy to take money from him and then use it in crypto and prop up the stock market. So really,
who's affected in the past 25 hours? It's businesses owner, it's corporate business
owners and people that have held assets on Wall Street. And Trump's voter base has none of those.
They're poor, they're in debt, they're getting getting repossessed and they don't really give a fuck if the stock market goes down 150 all they want is more jobs in america so he's doing
exactly what his voter bases want yes we can disagree but it's this is nothing new like you
knew this was going to happen and so it's like to be surprised and like oh my god i can't believe
this happened it's like this is exactly what was going to happen he's going to try his hardest
to fulfill his promises.
And this is what he thinks is going to do it.
We can disagree and we'll have to come to some kind of conclusion
in a year and say if this is worth it or not.
But right now, this is all what he basically said he was going to do.
So I'm not that surprised.
And it's not really affecting his base
because none of his base even really has assets in the first place
to actually lose.
They're all fucking working paycheck to paycheck and losing jobs to overseas every day.
So I don't know.
What do you think, good things?
I don't think that means...
Go ahead, bro.
Yeah, I would disagree with you with all due respect.
I mean, Trump's voter base actually is composed of plenty of people that are getting hit really hard right now.
And even the people that you're talking about, the working class, even even if you don't own assets you work at companies that have stock prices and
and um you know when those stock prices go down like it there's immediate effects in morale like
i've been a nike's a prime example and i'm just saying that right now sorry to cut you off but
if you look at nike stock price yesterday um i mean shit look at your shoes all your shoes are made in taiwan and vietnam
and so that ultimately affect the nike stock price it dropped over 30 percent because i think over 50
or 60 percent of their workforce um or their goods come from a country that's going to be heavily
tariffed right and so that is going to affect the employees of nike because ultimately nike's worth less today yeah no i mean i don't think it's press is talking about those
people he's talking more about like the fucking blue collar people in like ohio and like the
midwest and like all the where do you think they make shoes where do you think those people that
they make no but hold on that's where let me let me just continue to that's why nike stock price
is down so much no bad brothers they make
certain parts of shoes and certain parts of things in vietnam the actual shoe they make over there
they don't make the shoe in america i mean they conceptualize the shoe in america they design the
shoe in america yes you are right nike stock price dropping 30 is not going to affect a single nike
employee that makes logic.
It will affect Nike employees.
I'm saying the people that I was talking about aren't really the Nike employees.
They're the vast majority of Midwestern and Rust Belt states who have seen all their jobs disappear.
And no one works for Nike in the middle of the U.S.?
No one?
There's not a single Nike store there?
There's not a single Nike retailer? There's not a warehouse anywhere in that area of the United.s no one there's not a single nike store there there's not a single nike retailer
there's not a warehouse anywhere in that area of the united states you're talking about again
that's not the category of people i'm out it affects nike as a whole how are you not understanding
that it doesn't matter where are we going to get an hour why are we going to be so like yell at
people about this like you're just simple i'm gonna yell i'm gonna. No, it's just simple economics, bro. I'm going to start yelling. No, it's not about yelling.
It's if, how is it if a company
is affected at the highest level,
it doesn't matter where you land.
If you work for that company,
you will feel it.
Deadass.
No one cares.
Whether you work offshore, onshore,
whether you work wherever,
you will feel it. matter what and if they do
progressive rollouts and progressive playoffs let me calm everything down a bit here so like
no there's nothing to be calm i mean this is just simple business yeah no i i'm with you chief like
what i want to say is no what i want to say is like it doesn't matter if you work at nike or
any of these companies.
The people who fare best in situations like this are the wealthy. And I used to be quite not wealthy.
And I, you know, today I'm in a lot better position. I still don't consider myself like ultra wealthy or anything, but like I can ride these waves so much easier than my old self.
And so many of the people I know, like I have brothers, I got family members, you know, and I'm fortunate, like I live, you know, kind of like all over the world.
So like, I can actually navigate this, you know, easier than I could have many years ago,
because like, I can live in places where the cost of living is not nearly as high. And I can,
you know, I can literally just like travel arbitrage if I really need to. And so the people that fare
best in this situation are the wealthy. The people who get hurt the most are the poor,
are the working class. And it doesn't matter if you own stocks or not, the entire economy
is in a shift right now and it's not in the best state. So I just want to make that clear.
We can argue about nitty gritty and stuff, but like the fact of the matter is no matter what
if the economy is doing poorly the people who suffer the most are the ones at the bottom
well i mean let's just do common supply chain i'm not trying to get into specifics not nike or
anything at all but look shoes still have to be made they're a company they sell shoes so do you
think they're gonna fire the people making the shoes or the on the storefront over here getting paid five times more let's get real
they're not gonna fire the people making the shoes that's how they sustain their business
on this side are getting fired come on now it's logic it's literally business i don't i don't agree
with tariffs i think you're mostly correct in terms of Nike's not going to start making shoes here because –
Exactly.
So motherfuckers here get a cut.
That's my point though.
What I am saying is that Trump promised a large portion of his base these tariffs and he's delivering on them even though I think the tariffs are economically illiterate.
Oh, yeah, yeah.
I agree.
That's the thing.
We're not arguing if this is right or wrong. Like, I mean, at the end of the day, like, you know yeah, I agree. That's the thing. We're not arguing if
this is right or wrong. Like, I mean, at the end of the day, like, you know, we each have our own
opinion on that. I just think that if we break down just basic economics, they're not going to
remove what allows them to become a business, which is the making of the shoes. So ultimately,
someone else is going to foot that bill, whether it be in an employee, like layoff, or whether
that be an increased pricing or something, the balance will be balanced, you know?
And so that's the whole thing.
It's just that idea of living in fairytale land that, no, it'll, I don't know whose take, where's the yield come from?
It's that question.
I don't know.
We don't ask that question because we don't want to know, you know?
Yeah, I'd like to go to a more like positive, like look on what's happening.
So, you know, my viewpoint and I think a lot of people's viewpoint, you know, Arthur Hayes wrote an essay, I think, in January kind of predicting this.
And the president is in is in a battle with with multiple parties, but definitely in a battle with the Federal Reserve.
And, you know, they want he wants the economy to bloom and like it's pretty
clear that he's being super aggressive right now for as a strategic um positioning right like this
isn't somebody just willy-nilly um creating this this situation like it is very strategic he has
some very smart people around him he himself is quite smart so like i believe he's doing this intentionally um and so we we are
going to see we are going to see like um some spark here at some point like we're seeing a ton
of uh of negative price action and market impact but ultimately like um this dude does not want to
see the economy tank he wants to see the economy flourish um for a variety of reasons right like
he definitely.
That's what he was so proud about the first term, right?
Is look at the market.
I did the best.
I mean, ultimately, this isn't something he can use and be boastful about, right?
If it turns out for the best, it will be. At this point, he's not pointing his finger to the market in that sense.
I mean, to just wrap this up, I saw Beanie's post, and he was just basically saying this
is kind of like, ultimately, there is one level of Goblin Town below this, right? Of like, how much worse can it get? And basically, in six days, all those numbers we saw remain the same and no one decides to work out a deal and we just fade that. That's the worst that it can get. But ultimately, the ground has been laid, right?
And it's six days of progressive conversations and debates and dialogue to hopefully be better
than where we were as of yesterday, right? So technically, it's, quote, unquote, the worst it
can get, unless absolutely nothing changes, right? So that's where we kind of if you want to look on
the positive outlook, right, to just summarize all this, the positive outlook is all the cards are on the table,
right? And there's time for people to come and kind of negotiate whether they agree with it or
not, or whether they're going to even come to a consensus, right? There's still the ability to
come and, hey, this isn't final yet. In six days days from now we get to see if absolutely nothing changes then
i mean enact phase two of it can get worse but i don't think that no one in the world is going to
want to come and play ball or talk or at least you know knock a couple percent off or anything like
that so technically the worst it could have ever been was yesterday and you have i guess two
scenarios to look forward to right when the six days are up, see exactly where we stand with those. And then ultimately, if anything changed,
then we're in a better spot than we were yesterday, on April 2nd. If nothing changed at all,
then it is what it is, right? So, I mean, I think that's the only way that you can look at it.
It's the only way, I mean, is up and out, you know? Yeah, I have a, you talked about Arthur Hayes.
He did post on about eight hours ago saying Trump's tariff formula is further evidence
that he's laser focused on reversing these imbalances.
The problem with treasuries is without money exports, foreigners can't buy bonds.
The Fed and the banking system must step up to ensure a well-functioning treasury market,
which means BRRRR.
So I do what, been thinking that Trump's
trying to force the hand of the Fed to lower interest rates or turn on the money printer.
And what happens when that happens? And we're at a pivotal point of the DXY, which is the strength
of the dollar. It's at a bottom here. The last time it held up was in 2023. Does it finally break?
So the Fed's seeing all this, but I think the thing that is kind of like the thorn in the side here is we don't have a next FOMC meeting till May.
I know Jerome Powell talks tomorrow, and maybe he can speak some dovishness into the market.
But we're at pivotal points of the DXY, and Arthur Hayes is basically articulating what
we've been saying is Trump is trying to force the Fed's hand by money printing or lowering rates, which would be a positive effect for crypto in all markets.
So, yeah, I do think the operation's over. You're starting to get the gas mask off it and people are
trying to figure out how to digest the surgery. I do think, you know, the surgery could go back
in saying, no, we fucked up. And but I do think we're recovering from the surgery and it's time
to heal and get into some physical therapy. And I think it's up only from here.
I do agree.
So, yeah, I mean, like that, that was a good thing.
I mean, regardless that it came from Beanie, but I sat and I was like, yeah, I mean, more or less he's right.
I think the worst that could happen is nothing absolutely changes and all the shit we saw happens.
And we just got to deal with that.
But other than that, there's still the six days or whatever that there could be some deliberation, dialogue.
And there probably will
be right this is going to disrupt a lot of industries and then another thing too that I
don't think a lot of people are understanding is there's a subset of goods that are not falling in
any category and are not taxed at a egregious amount or anything like that or reciprocal across
all countries right I think it's like specific stuff for medicine like there's there's like a handful of four or five
goods that trading will still be free and kind of not free but just what it was uh and that aren't
affected by any of these new changes so to a certain extent like medicines and stuff like that
like let's just say the essentials will still have a way to get here at a
non-inflated rate or extremely taxed, so to speak.
100%.
This is something that fell under the radar.
We were talking about the purchase of TikTok yesterday,
and it looked to be bought by Blackstone.
Oh, they won?
And A16Z.
Own TikTok now.
Bro, that dude, look, the ai is about to go crazy now they're about to
take everybody's face data and just start going hard with it man yeah so white house officials
and tiktok did not immediately respond to the request to comment but andresa hordwis blackstone
and general atlantic declined to comment with cody silver lakeR not immediately in response, any deal would need to be approved
by Trump, as well as ByteDance and the Chinese government, which previously threatened to
block any transaction, but has since softened since its stance.
ByteDance would retain a stake at just below 20 cents percent, and the business, under the
terms of the deal, in order to meet requirements, U.S. legislation that state that no more than fifth be in control of a foreign adversary.
So I don't know if this is off the board now that China implemented a tax,
but with Blackstone, which is a part of BlackRock,
and A16Z, which is huge in tech, is a great combination.
And I'm starting to think maybe there might be some crypto in TikTok in the future.
Both of these people are huge in the crypto, huge in the tech.
And I'm wondering now with the purchase of them by approval by the president of China, of course, if maybe in a year from now we start seeing crypto and maybe a TikTok card that X is doing.
Dude, that would be good.
Because here's one of my biggest problems with TikTok.
Because here's one of my biggest problems with TikTok.
Because, like, so I went through, like, three days of just going on there and debating leftists on TikTok Live, which was hilariously funny.
But the TikTok Live thing is so much better than spaces.
Like, you can have, like, eight fucking people up there, and they can all do video, and you can actually share shit.
So much better.
But the annoying thing is, like, you could so easily get banned.
Like, you have to speak
in code like you can't say rape you have to say grape you can't say shoot you have to say pew pew
so it's like all that shit is fucking annoying um but yeah like if you had like actual uh because
it's like a16z and that if they're like um because pretty cool who's the big guy with that i can't
believe i'm forgetting his name andre andreison horowitz yeah yeah yeah if like you have like these people who are like with kind of elon and
like free speech and that type of thing and that right and if they start going like more free speech
direction than that and like more um that thing this could actually be good um you know for
tiktok in the u.s i'm kidding so does this only affect their u.s business though like when they
say 20 that like a tiktok u.s thing or is that all of tiktok
i i don't know that's a good point i have to get into details i mean it says that
bike dance would still own like a percentage of it so i imagine it's probably the the main tiktok
is probably going to be bought since china is involved it's a u.s version i don't know if china
would be involved so donk do you have any details on that if it's the u.s version or the main tiktok
i don't know if it's a u.s version or the main you have any details on that, if it's the U.S. version or the main TikTok? I don't know if it's the U.S. version or the main version. I think it's
the U.S. version because they have definitely a different algorithm on the China one. But
I just want to make one comment on what Bad Brothers said. You're right about the grape
and the pew-pew and all these other words. It's the same thing happened on all social medias
during 2020- 2021. They were
like heavily censoring everything. So it just now that people are realizing people just want to say
bad things that people think are bad, whatever it's, it's YouTube now is allowing it. Now you're
going to tell me that that Tik TOK allows it. Twitter is obviously allowing it. It's Facebook
now allows it. So it it's it's kind of a
free speech revolution in my opinion this is one of this is one of the milestones yeah it's the
knee-jerk reaction of the left and then now the right's in you know now it's like non-pc it's just
a knee-jerk reaction of administrations and people moving back and forth like we've been indoctrinated
in the past since covet of like pc pc this and now
trump's in everybody's like fuck that pc shit we're going back to freedom of speech which
is kind of fits the rights narrative did you guys see jack dorsey saying that bitcoin will become
irrelevant if it's just a store of value bro we were talking about this yesterday i mean it gets
yeah you do because that's the main marketing pitch right now is digital gold, which is a store of value. If he said it's not being used for payment, it's going to zero.
And it fits exactly what he came out and said he's doing.
So I don't know. People say he's Satoshi Nakamoto.
But Jack Dorsey confirms that Block is working to let 4 million merchants accept Bitcoin.
They process $200 billion annually.
So I don't know if this was him being for real or him to market
market his new product well the other thing he said was like um we could do better than lightning
so um you know what do you call i'm all for that and yeah i agree with him like this whole store
value narrative like i think it's it's good for this moment like in terms of getting trump's buy
in and everything because and then go oh well we could do stablecoin that strings the us dollar bitcoin's just a store of value like that strategically has been good but
like i have vehemently disagree with like sailor and those types of people who think like um you
know that that's what it should be um you know he said things like um you know the um saying it
could replace the dollar whether it should be used for transactions needlessly inflammatory i mean
bitcoin was made um you know to replace other currencies like that's why it was made and i think that is still
the end goal and i think like yeah sure there are issues we are dealing with in terms of like
okay how do we scale this and that or whatever but it's like i don't know over longer time frames
that's still my 100 goal so i'm happy someone like jack dorsey like who has the money who has that mentality and
all that and has the reach like this is something i always thought like back in the day like he has
the same thought as me where it's like okay what if we just bought like a payment processor because
i used to work at companies um and like uh i used to work at public's right and we had like our atm
network and our payment system and i had to audit that i'm like okay well what if i owned one of
these and i could just like sneak a bitcoin update in there and let people all now every payment And we had like our ATM network and our payment system. And I had to audit that. I'm like, okay, well, what if I owned one of these?
And I could just like sneak a Bitcoin update in there.
And then people all now, every payment process,
they're going to accept Bitcoin or something.
Like just as a fun idea.
But that's like actually what he's working on.
So like, I'm happy he's doing that.
So shout out to Dorsey.
I don't know, man.
It's Bitcoin maxis have been punished for selling their Bitcoin.
So I'm wondering how they get around this fact of them converting to using their Bitcoin at one point instead of just hodling it,
which has been the ultimate money-making opportunity for someone that's held Bitcoin for the past 12 years.
Anytime you've ever sold it, you've been punished.
So how do we get the people that actually hold the largest amounts of Bitcoin to actually change their motivation,
actually start selling it and use it as like a currency. At the end of the day, that's why that line, it's like a misconception
where it's just like, okay, yes, huddle you a Bitcoin, but it's just like, if you could transact
in everything in Bitcoin, then it's just like, okay, you just hold all your Bitcoin and buy what
you need as you would in life in general, right? So it's like, you're not selling your Bitcoin,
you're just exchanging it for something you need. But when you have the store value mentality,
then it's just like, oh, anything is selling Bitcoin
because you have to convert the fee, yada, yada, yada.
But if you lived in a world where the US dollar was replaced by Bitcoin,
then it's like, of course you're going to quote-unquote sell your Bitcoin
because you need food.
Yeah. What do you think, Chief?
Do you think this is something that will actually happen?
I don't think it.
There's no way that it becomes a payment layer.
I mean, maybe for a niche country or something like that.
But there's already people that do this, bro.
That's what we were talking about yesterday.
The issue is you're now battling.
Before, it was, let's just say, the cypherpunks, the revolutionaries versus the maxis. Hey,
you have to use this. Eventually, no one's going to be using the network. Block rewards are going
to be low X, Y, Z. What we talked about yesterday, right? Just that constant back and forth of,
hey, we can't secure the network if there's nothing going through it.
And then it was that, cypherpunks versus them. With the introduction of ETFs and these other people and now institutions that are going to treat Bitcoin like gold, all of this just fast forwarded, let's just say 2, 3, 4x now.
other side of this that's now the institutional side that's creating a Bitcoin reserve for
themselves to just treat as gold, right? And to use as a hedge for other things to borrow against
it. But they do all of that in their own private sector and realm. So it's almost like that Bitcoin
is off of the market for you and I. And it is now we have less bitcoin to even convince people to use and the longer this goes on
is the supply crunch happening every day at a faster and compounded rate
right so it's kind of like revolution that's why ordinals was so big and that's why that whole idea
was so big it's because they literally have a very very limited of time to one attract devs
It's because they literally have a very, very limited time to, one, attract devs, two, attract
basic, not necessarily scalability, but usability. Like, what can we do with it? Can I take a loan
and not sell it and then be able to grab fiat and use it and move it around? Like, there's got to be
something that I have to move it around for. And in that process, paying miners, securing the
network, etc. Because the idea, that's the issue.
The ETF, Bitcoin, when they take a loan against that, that's not on chain.
When they go and they hedge all these bills and all this bullshit that they're doing in Web2,
they're just going to say, yo, check out my Bitcoin stash.
You can see it's there.
Look at how big it is.
I'll put 25% of that up as collateral.
And that's it. And you're just referencing that as if it was a modern bank vault. That's what these ETFs are, are just digital
modernized bank vaults. And so they're going to interact the same way that banks interact now with
money that we have no idea, right, about is what they're going to do with Bitcoin. And since they're trading
synthetics, we can't track that anymore. So this is their way of recreating the fiat system
to basically the smoke and mirrors. Yeah, we have a reserve. It's set up here. This is our wallet
address. This is the Bitcoin. But we've actually issued out a couple different stocks from this
reserve that are backed. Some
are backed one to one, some are backed one to two, some are backed one to a hundred. And it's just
going to be different varieties of that. And we're back into the same system now, instead of just
using quote unquote gold as the underlying standard or backing. And now today just fucking
air and hope. We're not going to start over and try to, at least for now,
these next couple, let's just say five to 10 years, it'll be one to one or backed by Bitcoin
or on a closer scale. But the same way how any other monetary system grows with leverage and
risk, it's going to go right back down the fiat system. And the beauty that we had or what we
thought we would have right which
is the transparency aspect is is gone because we're going to be trading in synthetics right
when uh those things fail and then um oh wait i don't actually have bitcoin because i had my
bitcoin with um xyz company and then they're gonna have to want to self-custody and like uh these are like
self-correcting mechanisms that happen over years but um yeah i mean i definitely think that's what's
happening right now chief 100 yeah i mean like obviously bitcoin was you know made for the
people power the people and we've created the narrative and slowly there's been a transfer of
wealth like retail is out there in debt no one
can buy bitcoin they don't have any money so in during this time who's been gobbling up all the
bitcoin it's been blackrod it's been fidelity it's been all these others so if anybody can train
change the narrative to this being a digital payment i could see these big entities like
blackrock and these you know changing it using their social media or using their media presence
or using their talking heads on tv to kind of convince people once they
gobble up all the Bitcoin from all the retail that you need this.
But I don't think it'll be Bitcoin.
It'll be you need this Bitcoin by Ibit.
It's backed by Bitcoin.
We've been buying Bitcoin for the last 10 years.
last 10 years you know what i'm saying and so that's like bitcoin is going to be the carrot
You know what I'm saying?
And so that's like Bitcoin is going to be the carrot.
it's just gonna be that carrot that oh well i've never tasted a carrot before you know so you could
give me a carrot and an apple and if i'm if i've never tried either or seen either they're the
same thing until someone walks up and is like yo dude you like apples you're like no man i love
carrots like oh well that's an apple and you're like oh why it tastes really sweet I thought it was the same
thing and they're like no no no just looks to say you know so that's my thing
it's like we're getting to a point where Bitcoin is going to be the talk of the
town the the whatever at the end of the stick but when they walk up and say yeah
let me get some of that they're not gonna be able to get some of that in the
way that they think, right?
And Bad Brothers was right.
It'll be self-correcting.
I mean, one of these companies has to implode.
I mean, rip.
But one of these companies has to more or less implode.
Some fuck shit has to happen, you know, so people can lose faith in them and not go down that route.
Because it'll just become too expensive to buy for a normie or for me or you
you know so it's just a bank run but with bitcoin you know like oh wait they don't actually have
that as i'm trying to withdraw it you know same thing we see with crypto exchanges you know
yeah i have one thing on runes and then we'll get into the daily uh today's mints it looks like
slingshot which was teasing us that they're going to implement runes. Basically, a day ago, we decided to pause development
on BTC meme coins, rune support, and definitely
this decision has not come lightly.
However, we are pleased to share that we'll
enable Litecoin meme coins instead.
This is a fucking April
Fool's joke. I don't know.
I'm just bringing it out there. I don't know.
Was this a day ago?
Or was this actually... It was a day ago, but a day ago
was the second, so... It's at the ago, but a day ago was the second.
It's at the first at 2pm.
So maybe they aren't.
I got fucking trolled again.
I'm like, bro, I don't know anybody that would support Litecoin.
After I was reading it, I'm like, this is a troll.
Then I looked at the date is 1.
It said a day ago. I thought it was the second.
So I was like, I'm free. This isn't a troll.
Runes are down bad. Maybe they're getting rid rid of it so that does look like a troll so never
mind that it does look like slingshot is going to have runes support someday somehow we have today's
mints um not i don't know much on here um we have stuff spiky nads on monad testnet dauberman on
abstract beat blocks on bitcoin um that's generative music on bitcoin bitcoin holders will
have access to
their platform to generate music and inscribe it on Bitcoin. They're boasting about low inscription
costs, faster loading, and more accessible creators. It is good to see something unique
on Orinals, and I hope this project will be successful, but I doubt it because the current
market's in around Orinals and it's an expensive mint price. It is 0.001, which I think is around like $120 or something.
So that's going on.
We have MoveLaurie's on movement.
Her movement NFTs are kind of pumping recently.
So check those out.
We have AI Avengers by Zuru.
That's on Barachain.
Building on-chain reputation protocol.
I guess similar to Ethos.
Interesting concept.
Useful for implement well.
I think it will do well in the long term.
He thinks it's going to be small profits. have hype you know on hyper liquid we have floating islands
by domin on solana we have ghibli punks on ape chain and dirt island islands by xai so that is
your mint schedule for today i think we have on-chain heroes is having a mint on the 8th and
then we have eternals having their mint tomorrow um so those
are kind of two things there's a cease control mint that's going on right now i mean we'll go
into it a little bit later but yeah cease control and their troops and all that is um going on later
on uh well it's actually going on right now but the public will go on in an hour or so. So it's only been for whitelist.
What up, Polymath?
We just kind of called out the Eternals.
You want to give a quick brief time and mint update on that for tomorrow, bro? I don't know if it's going to happen during our show,
so I just want to make sure everybody's okay with the time and the mint price and all that shit.
What's good, bro?
Oh, no. What's up, boss? I appreciate that.
Yeah, man, it's tomorrow up on Magic Eden.
It starts at 10 a.m. Eastern time,
uh, tomorrow. Uh, yeah, I, I, I, I just, I just hopped up. I was, Brian been getting no damn sleep. I've been in the get up there all week,
but, uh, man, which I've been up to, man. I, I heard y'all been showing super
love, uh, um, into the project. So, um, how y'all been doing, man?
Good, bro. I just pinned up your pinned post.
April 4th, 2025, 10 a.m.
Eastern on Magic Eden.
4,444 pieces.
0.004.
Magic Eden's the launch pad.
Do you have the chosen list phase?
Do you have VIP?
And then you have public.
So we're looking forward to this, man.
You guys spent a lot of time on it. I know you've been working on it for a few months.
So I hope you guys do well, man.
Yeah, man. Luxury Ornals, man, because we did more. I know you've been working on it for a few months, so I hope you guys do well, man. Yeah, man.
Luxury Ordinals, man, because we did more.
I want everybody to know that we put more.
We took over 150 Bitcoin blocks.
We got the number, at the time, the number six largest Bitcoin inscription.
We got over 2,200 traits, which is like there's no collection on Bitcoin that has nowhere near as many traits that we got.
We left no stone unturned.
We put my heart and soul into the art and then you know ultimately like with the
community you know i do want to take community to the next level where again we get to know each
other for the ones who want to on a more deeper level for us you know getting to know each other
birthdays family kids that we actually build and like take this to the next level so appreciate
y'all but i just came uh kicking and hang out and let's fucking get it did you used to work for on-chain monkeys yeah yeah yeah i mean
like can you give a breakdown on this katoshi mint that they're doing i don't know if you've
been paying attention it's not i actually i actually don't like i mean honestly like you
know like when i joined the team i joined it as like not employed but as like an advisor you know
what i mean as a consultant um and and since i've left i mean you know they're
obviously doing things uh contrary to what i would think they should do i mean about four months ago
they took the katoshis from us on eath put a sticker in front of them and we they pretty much
was untradable on eath they quote unquote burned them it's been a couple months i haven't been able
to own it on big on btc so i'm just trying to understand personally how they're
dropping ones that they didn't mint out last time but then also releasing the ones we already had so
i'm a little confused to be honest uh what's going on there to be to be i think the easiest
explanation of what this seems like or what i've gotten as i follow this is how the the d gods did
it right how they did the dead gods or whatever you know how they supposedly
burned all of those and those dead gods were the ones that became the btc collection that's similar
to what they're rolling out with these katoshis and then i think not the carrot at the end of the
stick but the enticing part is that a celestial will be able to be minted for the first time i'm not too in depth with the ocm lore
in terms of like how celestials come up cannot but from what my understanding was that these
weren't able to be minted before you had to have like a combination of traits and
and treats and just kind of like an equation and now with this mint i guess the reason why you'd want to participate besides
just collecting the new katoshi art is the potential of minting a celestial so that is on
i guess magic eden on the 8th at 9 a.m pacific time it's a collection of 2100 with the price of uh point zero zero four two bitcoin uh i mean and you guys can go do what
it do put notifications on twerk uh probably get some allocation based on if you hold some
beforehand um so the the traditional grind quick and i wouldn't move on because i know how y'all
roll how y'all feeling the art i dropped is y'all with it y'all feeling it have y'all have y'all
looked through the collection at all?
Your art, the internals, bro?
I haven't seen anything like it, to be completely honest, bro.
So it's different.
I haven't seen, like, I like the Roman-esque to it.
We don't have really humans on Bitcoin.
I like the kind of goddess look of it, the gold.
So actually, it's not bad, dude.
Like, I've been trying to figure out where I've seen it before, and I haven't.
So at least you did something that's unique and different and so i'm fucking with the art to be completely
honest bro it's 44 collections in one bro it's really each piece is really only one of one it's
101 of each pieces so it's really really a unique collection but uh uh thanks for that compliment
but i know how y'all roll let's kick it let's fucking do it yeah stay up here bro don't need
the you can comment and whatever you want to say bro we got control up here chief you want to go into that before we move on yeah before we go to bear or
anything we'll wrap up some bitcoin stuff so there's this the cease control um i'm gonna put
the guide on how to play their newest um i guess i don't know game adventure right experience i mean
that's one thing these guys uh don't do is one disappear and then two leave you bored right i mean a lot of collections just
mint some shit and you don't know well i mean they're at least using whatever you've minted
before in the past interacted with it and always building on top of that so uh shout out to them
the cease control team so i'm gonna put up top exactly kind of how you go about it there's a
video in here that you can watch and it puts together
exactly how this works, right? They did a combination of, let's just say, like a strategic
war zone game, right? So you have cards based on their last drop of those no ordinary cards,
right? Kind cards. There's troops. That's the mint that I was talking about earlier.
They have it live right now for whitelist
if you hold any cards or your previous asset holder or like the little condom characters that
they had or it'll go for public here in about an hour as I mentioned. Anyway, you watch the video
and it's basically you submit characters to go into the battle, right? You can do groups of troops
based on how many characters you actually own.
Depending on how many troops you send into battle,
it'll be based on the size of the ship that you use, right?
Whether it'll be a plane, a truck, a car,
or whatever it is.
And then ultimately, it's just a strategy on-chain game.
As you're doing, as you're winning,
either you're losing or winning
these battles you unlock specific traits for your character right for the main character
your let's just call it the operator ideally at the very end you have a character that you like
that you've customized basically made yourself a little custom one of one through winning. And they inscribed that character on the rare sat.
Right?
So it's been a minute since I thought about this.
But I think there's only four right now in circulation.
They're in possession of three of the four.
And one of them is just out there lost in the ether and whatnot.
So they inscribed collection one on the very first sat that ever existed,
the rare sat that we've ever found.
And then they inscribed collection two
using some type of parent child
off of that sat itself, right?
Oh, nevermind.
Yeah, there's four.
There's four there in possession of two.
And then the Epic team had one of them.
And then the other one is lost in the in the bitcoin space so
yeah at the end of the day uh if you play this game you win um you get to have your
base character immortalized or on bitcoin on a rare sat so similar to how that gob is gob game
and we were doing that just uh on-chain games right it's the same exact thing, but now through, well, not the same thing,
a different gamified experience, but
in on-chain gaming on Bitcoin.
So... Are you playing?
No. I'm not gonna, bro, they want me to
give them some sats
to play a...
No. I'm not
doing none of that. I play on-chain games
on chains where it's cheap to play on-chain games, bro.
That only makes sense, you know?
Because I like this shit.
So if I'm doing microtransactions, I can't do a $3 microtransaction.
That's a little too rich for my blood.
That's like an ante at the casino table.
But what I win from winning this table is not worth the three dollars yet
You know, I got to win the tournament to make it worth it. So that's kind of how I look at it, right?
It's longevity of the game since I like these ponzi's
And ultimately margins like is every round the amount of money that I put on to sit to play to participate to acquire new characters
worth whatever it is the prizes and then you kind
of scale engage your way out continuously on that end so you think the transaction fee is kind of
like the the force that's keeping you away if it was cheaper you think you would have played
do you like this kind of game i mean it's not necessarily about it being cheaper it's just
look man there's i can grab a screw and use
a hammer to get it in the wall or I can use a screwdriver. Right. I mean, there's a spot
where these games thrive and it's fun and it's, quote unquote, cheaper pennies on the dollar.
And the margins make sense to play games like this. Me personally, I don't think that that
makes sense marginally and on top of that wasting Bitcoin to
do this. That's why I didn't play the gob is gob game or any of that kind of shit. Right. I mean,
I still see this as an underlying scarce and luxury asset. And so I still hold my Bitcoin
and hold my Bitcoin in that sense. Right. So I think there's better places to do it. And to me,
Bitcoin is not the solution for everything. It's solution for a lot of things but i mean you don't have to have you know defy ponzi eight layers deep
on bitcoin i mean that sounds fun i guess but you have to sacrifice something for it right
and so why when i can go to a chain where i don't have to sacrifice anything for it
that's designed for this shit that's kind of how i see these on-chain games or bitcoin stuff you know
yeah so bridge it over the abstract i guess yeah abstract monad sonic uh
fucking bara i mean all these are ponzi or cheapest chains that are kind of designed for this and i
mean i one my five dollars on one c's control is going to give me a whole week of playing over there
you know so think about it that way.
It's like sitting at a slot machine.
I don't know, dude.
Yeah, SteadyTeddy's had a post saying there probably reveals incoming.
Will you diamond, Paul?
Holders, GMI.
And then you look in there, and there's a little coin in his thing.
Teddy coin.
What do you think?
Holding these things after pre-reveal would be like a multiplier for the airdrop, chief?
Maybe, yeah. I mean, that's's the thing it's proof of liquidity. So they're ultimately gonna apply for a
Vault to get emissions and to get rewards and then to slowly move around that way, you know, so
Every everything on Barrow requires a token how exactly they they Ponzi-fy their token, whether that be through
staking, you know, the traditional shit, bro, the shit that's on every chain. I mean, it'd be cool
to see if they did something different besides just lock up your NFT and get some coin. But
ultimately, the coin will be distributed to all the assets. And I think you may be onto something
it's like after reveal, if you don't list until the snapshot you'll probably get a
higher allocation rather than if you sell and then buy it right beforehand and then you know
get included in that snapshot then doesn't apiology dial have like 80 888 steady teddies
yes they get roughly about 10 percent of they get 10 percent of every project that they've made a deal with jeez so there's like six k seats six k seats that cost 1.2 eat to get a seat
their airdrops probably gonna be massive for teddies bro but you don't get it that's the
thing about it too that's one of those things it's like i don't get the way the dow works
it's interesting right it's a pretty cool um Like you get all this stuff goes into the Dow's
value, and then they divide it evenly by the number of seats. And then you can take a loan
against your seat, if that makes sense. So let's say the drought treasury is set at 100k, right?
And then there's 10 chairs or 10 seats in the DowO, that means that each chair of the DAO should
technically have a value of 10K, and I can take a loan of 8 against my DAO seat because
of that.
Or I can sell my DAO seat through an auction, and basically people will see the underlying
value.
So the seat can only increase in time, I mean increase in value with time.
Are you playing DeFi dungeons uh no all right i sold my shit yeah dude i was gonna talk about that look i mean we were doing i was doing that you know we were doing the calculations on the
bankers well after one day this guy says bankers you get paid you you pay 35 sol, which is $4,600, which make 11 gold per hour, which is 36 cents.
At this rate, you will make your investment back in 454 days or 1.48 years.
So when we were talking about how once this game starts and people start doing the calculations on these bankers, that bankers are going to go under 10 sol, you're not going to get your investment back for another 540 days this is this is this is where you get uh you know people on the timeline
and not doing your own information or research kind of gets you slaughtered so homie goes and
tweets three hours ago 12 hours of playing defy dungeon mind you this is a passive online idler uh i made 90 with low level heroes this is the most fun i've
had in web3 gaming you're like holy shit bro 90 12 hours that sounds pretty damn good bro he's
making a bank and so you're like hey how many do you have ultimately he's not gonna say anything
right so someone went through his
tweets and just figured out what his last when he tweeted how many he had he made 90 dollars
and he owns 63 heroes okay so each hero was 325 dollars i mean we're just gonna talk about how
down bad homie is right so just so y'all don't get this shit twisted.
325 times 63, right?
He spent 20 grand to make $90 every 12 hours, bro.
He is down bad.
He's not going to see the upside of this investment ever unless you buy into it.
That's exactly why he said.
How much would he be making if he staked into Barra, bro?
Would he be making more than $90 so he st if he staked into Barra, bro? Would he be making more than $90? Did he stake that $20,000 into Barra, bro?
What?
If he were to stake that $20,000 into Barra, would he make more than $90 a day?
Yeah.
That's what I was like.
Why would he?
I don't understand.
There's staples yields over there at like 40%, bro.
That's what I'm saying.
It's just like this dude basically, I guess, drank the Kool-ool-aid and thought that he was gonna make more than passive staking and now is totally wrecked because he's making nine dollars a day
Yeah
I mean look and then he's gonna tell you well the gold the heroes can go up and level up and the price of gold can go up
And then I'm gonna ultimately make more than $90 a day
Look every time one of those things changes. There's someone on the other side selling to have a lot less than fucking 63 to get off of.
I'm just, let's be honest, bro.
We've been on both sides of this scenario, right?
So just don't get swayed.
My whole point is don't get swayed.
Don't get caught up with this shit on the timeline.
You never know the size of the bag, right?
If someone hadn't fetched that out two days ago, right?
Everyone would have assumed that homie's cooking with a few a few heroes right he didn't
even disclose in his comments that he had 60 of them and he spent 20 racks right and that was when
soul was at fucking like 140 so he's extra down bad so stuff like that just be cautious uh don't
get don't drink the kool-aid either this stuff is fun right but these people are the one not not
anything wrong but these are whale games so people
like this with bigger bags are the ones that actually make money and benefit but it has to
have that initial pump and boom or else they're actually down bad and so that's just the way that
all these on chain and ponzi games work so nothing against it but they're whale games that's why the
first ones were literally called whale game right
so wolf game it's all the same shit none of them last not even the chains you see treasure dial
shutting down yes i have a post on that too bro and the fact that we had to find through like find
this through woo blockchain just tells you kind of everything so john the chief contributor of
treasure dao a blockchain economist announced that he would terminate game operations in Treasure Chain due to deterioration of financial conditions and the need for restructuring.
Documents show that annual operation expenses are as high as $8.3 million, while the Treasury only has $2.4 million.
So not even the gaming chains from last cycle are even surviving.
So how can we have confidence that any of these games games are not
Surviving sorry to just like detour but the switch revealed their little console
And yeah Gigi's Nintendo is the first time you guys have something worth the fuck like hardware wise, but dude
$500
$90 for a game
$90 for a game $90 per game
Yeah, these I mean the industry as a whole doesn't even know how it is before the tariff by the way chief
Oh, yeah, yeah, that's and and I'm just saying that the industry as a whole doesn't even know how to capture people anymore
right, so I mean I think web 3 gaming is on the
Farthest end of that spectrum of yo, if you're having a hard time getting users, bro, these conglomerates are having an even bigger, harder time keeping people around, right?
And especially without having to tax them and get that money up front.
So, yeah.
That's just gaming is, in a sense, kind of in a bad, in a downward spiral on that end.
I'd be curious to see Beacon moved away from Treasure last year, right? Going to abstract yeah and so what they're going to be doing right because they're still alive and
cooking and they still have their tge with the ritz of passage and all that so yeah i mean good
things you're up here you're in ai and i don't know if you're in the gaming what fixes fucking
people gaming is it just virtual reality is it ar is it ai like why
i don't know man as soon as you're up here i figure i'd ask you since you have been in the
tech sector and before like where where do we where does gaming come back is i think it's ai
dude i think it's we're kind of sick of all these studios kind of producing the games i think the
creator economy are like the people buying the game should have a say on how the game's created.
And I think with AI, I think we'll start seeing that become easier and easier to do over the next five to 10 years where you can just load up a PlayStation.
You can go to like downloadable games and there'll be games created by people in like a month.
And that'll be fun. And they'll have like different concepts instead of just kind of these gaming companies have a vested interest to create something that kind of captures more than just a video game.
They want to create IP.
They want to sell collectibles.
And so kind of getting back to brass tacks and actually building fun games that people
want to play.
No better person to do that than actually the people playing games.
Instead of just giving it to these publishers and thinking they know what we want, have
the people build games.
And I think that's kind of where we got back is kind of pushing ai into these games where the people buying the games actually have a say in what
games they're playing i personally think yeah i mean yeah no i mean i again like um you know i
kind of i kind of agree with some of what you're saying but um ultimately like i think people need
to understand about ai is that uh it's not going to replace all things that humans do. This whole push about AGI that we've seen because of the advent of ChatGPT, because
of the advent of some of these bots that were created, these agents, so to speak, in this
sphere and even in the real sphere, Salesforce is actually successfully using agents to decrease
the level of humans that they need to hire.
There was an interview with the CEO, Mark Benioff, explaining that his head of software engineering
told him for the first time, we don't need to hire people this year.
And so AI is replacing people, but ultimately there's a ton of things that AI is, in my mind, it's not a never, but it's
going to be a huge leap for AI to be able to be better at human beings then. And the thing that
is, in a nutshell, is it's abstraction. I don't want to go into a whole diatribe here, but
human beings are really the only species on earth that has this ability to abstract, meaning we can look at the world around us and we can think beyond just, just like we can come up and conceive of things beyond just what our senses, the sensory inputs that come into our, to our, from our visual cortex, from the audio, all of that.
We can, we can develop things way beyond that.
And no other species on earth that we know of can do that.
And, and AI isn't at that level at all. AI is actually, it's not really intelligence in the way that
people present it as. It's only doing what the human beings tell it to do. And it can do things
that we couldn't imagine, but ultimately, it's not actually creating anything like these generators the chat gpt um the image generators the the like all these apps they're not doing anything
i've heard this i've heard this is just it's just searching google quicker is all it's really doing
so that's exact i have a i have a thread on this i wrote it last year and um like i keep retweeting
it because i want people to read it um i don't think I'm the number one authority or anything.
But I understand AI at a pretty deep level.
I studied this shit in grad school.
And it's just pattern matching, dude.
And when you think of what pattern matching is, it's just search querying.
And so what AI does, it just makes our search fucking faster.
So your analogy of Google is perfect.
Because if you want a certain type of image, it just searches all the data that it has that has been given and gives you something close to
what you want, but it's not going to give you exactly what you want. And so my main point here
is with video games, with art, with anything that takes creation from a human mind, that's the last
thing that AI is going to be able to automate. And with respect to gaming and art and anything
of that nature, like the best shit is still going to come from human beings like ai is going to allow human
beings it's going to democratize it already has but if you like one analogy like look at soundcloud
soundcloud is filled with tons of fucking musical artists um that aren't they're not producing music
at the same level as like some of the big studios and it's not to say there isn't talent out there but there's a very different um at least for my my personal taste there's a very
different um experience like i'm not looking to buy music off of soundcloud but if i really have
to if i want to hear a song like i'll i'll go on you know i'll do what i need to do to pay for it
to get something from some of the big artists like kendrick lamar or you know any any of these big
artists right and the same goes for movies. Like I actually experimented creating
movies for the first time, um, last, like sometime last year. And it's real, it's like the, the,
the shit that you can do is incredible, but ultimately the trailer that, that like the,
the stuff that I could build myself as like a non-expert in this field, it pales in comparison
to the people that are working for Coca-Cola or any of these other companies that are using AI to produce video content.
So you ultimately need talent and you need people who know how to use these tools super well to produce meaningful shit that people are going to want to engage in and pay for.
engage in and pay for. I have heard people on the internet saying that we're going to be really
embarrassed 10 to 20 years from now when we kind of say this was the AI revolution. We all look
back and it was basically these chatbots and these AI prompts were just searching search engines
quicker than us was all that it really did. It's not thinking it isn't doing anything unique.
All it's doing is searching these search engines like Google and Yahoo quicker than a human could and coming back with a response quicker than a human could calculate it.
So I've heard that before.
I haven't really said it out loud, but I kind of see where they're coming from with it.
That's exactly what's happening.
And that's why there's, you know, there's all kinds of things we could talk about.
But there's disputes of people saying, hey, like, like, you're not allowed to use my you're not allowed to feed my data into this model.
Because you're basically the models now just using my my ip or whatever and so that's really what's happening is is like these
companies are just scraping the internet they're gathering uh as much data as they can and the
thing that people really need to realize is every time you use any application like even right now
i guarantee you x is recording all of this and it's going, it's going into the,
to the data pool. And so like, we're feeding these things every day. Like that's the thing
that is really remarkable is we're producing more data today. Um, you know, like in, in,
in a short amount of time than we did, you know, in the last like a hundred years, like the amount
of data that we're generating as a generating as a population of the species is absolutely
exponentially higher than than what we produced last year and the year before that makes sense
right because i mean ideally we're already producing it they're taking it from you anyway so
why not set up or or incentivization for training it right that's what wayfinders doing that's what
kate ii is doing. Basically,
training their models
with their... You get rewarded in their token.
So, I do think Deepin would be something
to kind of reward
people for training these models instead of it
taking it from Twitter and then
not giving us some kind of reward, right?
So, I kind of see that, too.
You got any closing comments on that? Good thing to wrap
kind of the AI talk up, bro. I didn't mean to interrupt you, man.
No, it's all good.
I mean, you guys, I love, I love this fucking show, man.
I love how you guys just fucking cover everything under the sun.
And I always learn some shit here.
So I'm just grateful for the conversation.
You guys remember Sugartown?
Remember that?
Well, they're coming to Abstract and they're launching a new thing called
Coors by Sugartown.
Coors brings you a new edge into Sugartown.
Billions will play.
Billions will win.
Play games.
Win.
Stake to earn.
Win.
Bet with your friends.
Win.
Even if you lose, you win.
Coors will power the Laboratory.
The Laboratory is a new feature, and Sugartown will lead users
to Sugartown's high-stakes playground in multiple ways to play.
Active gaming, passive gaming, partner gaming, and reward gaming.
We built an onboard the world.
Social experiences are the key to blockchain game adoption with high-stakes playground.
We will expand the ecosystem farther than ever,
unlocking players' ability to play, bet, and win against their friends and enemies.
I don't know about this one.
So, Laboratory and Playground will bridge crypto to the world through innovation,
blah, blah, blah.
I don't believe you.
Aura holders, you'll be invited.
Hold three or more.
You get some extra special prizes.
This is coming in abstract.
Obviously, they have a lot of gambling platforms being bridged over there recently.
I don't know if this does well, but it's backed by Sugartown.
If you guys do want to get in, you can DM Camel, which is the community lead there,
and I think he can give you an invite to go play.
I don't actually know what this does.
They aren't really giving a butt, but it's betting.
We have a bunch of these recently.
Yeet is like this online casino launched by Keyboard Monkey that's coming out.
We've got a bunch of betting platforms.
So I don't know if this one kind of is unique enough for people to play
other than it just has the town heading on it.
Right. They yelled casino over and over and over. Right.
I mean, you can't get mad that everyone's taking the casino and just trying to make it Vegas.
I mean, that's ultimately what it looks like.
Yeah. I guess the golden parachute with this is the fact that you're earning XP by playing these games on abstract.
parachute with this is the fact that you're earning XP by playing these games on abstract.
So you can lose money, but you're earning XP, which could be a golden parachute to reward you
with the airdrop when it comes in a few months. And there are free games on there. Even Frankie
the Frog has a free game on there. I don't know if you guys remember Frankie the Frog,
kind of back in the open edition meta, kind of like the rubber hose look. They have a game that
you could play on iOS and Android,
and it's free to play.
It's an endless runner.
You avoid obstacles, collect apples.
You climb the leaderboard, various skins,
including Chimper's NFTs.
They have 600 achievements.
And just playing games on Appstack, earn you XP,
and it will basically give you that airdrop
in the next few months.
That could probably pay for playing a lot of these games.
So just wanted to bring one that was actually free that was playing yesterday it's super fun it it does have chimpers and pixel in it and it's just something that was free and a lot
of people are trying to gain xp on there so i just figured i'd throw that up there as a opportunity
for you guys so there you go got anything chief yeah one small comment small comment what you
just said is basically what
sounds like we're running back the blast playbook is like all right you're gonna lose money here but
you're maybe gonna make some money here so you know do that it literally sounded like all i heard
in 20 what was it 2023 2024 that's i agree with you i do agree with you, man. They have this Clippers thing that's going on Abstract streams
that's hosted by WapBot
that people are making like $600 a day
for clipping streamers on Abstract.
It's not actually hosted by Abstract.
It's actually hosted by WapBot,
which is the subscription model that kind of token gates Discord.
And they have like a competition here
where if you
go find a streamer and you clip for them and the streamer partners with this they reward you with
uh money for doing the clips if they go viral and this guy zav is basically making 600 days
just clipping fool's gold stream on abstract so if you guys are streamers uh you guys can go do
that in 600 days 600 a day is pretty pretty pivotal for some people especially in market. So just an opportunity for people that are into editing and and stuff like that
I saw that it was happening Finn was talking about it. So go ahead chief. No, I mean
That's a business that's been a business in itself for a while if you're actually good at that shit
I mean go find these YouTube guys
Right and and just start submitting them a couple of those and you can make some real big bank, you know
So it's cool to see the same kind of creator economies being translated on an abstract as well.
Right. I just now it comes down to it.
Why would I pick one over the other?
Is it accessibility?
Am I not that big or good enough to get a gig?
Let's just say through a YouTube streamer and then it becomes abstract is the next best thing.
And then it, you know, attracts people and natural flow.
So I can see it having, you know, both the positive and the benefit of having an option now and the ability to shop around.
I'm going to post just a couple of things up there. staked um going into bara going into egan and to any of these older l2s or these newer l2s that
dropped uh stake stone is doing a airdrop i mean i got pennies on the dollar i got 20 stone
but i got it pinned up to the top
excuse sorry i had to sneeze i got it pinned up to the top you guys can check your eligibility
make sure you're on your plane and uh not flying in america and you can see uh you need bmb in
order to claim so it might not be worth it if you don't you know if it's not a lot i mean i only got
20 so probably not gonna bother with it but go ahead moto and then uh we'll finish a little bit
more of the info dump yo gm guys what's going on i just wanted to touch a bit on the like the gaming
part and the ai part that we were talking about just a little earlier and the d5 dungeons too
it's such a bummer like uh i've played for like a full day and I think I've accumulated like maybe one or two dollars worth of gold of my investment back with one hero fully maxed out.
So, I mean, I hope they plan on changing that a little soon.
But back on the abstract, I'm bullish on abstract.
I like what they're doing with the streaming. I just hate seeing Frankie's Dinner and these old failed experiments come back
and just join the hype train and get revived because abstract's a thing now.
I have mixed feelings about that.
Frankie's Dinner, for example, they came in in the past.
I don't want to say they,
they tried, they failed. And I mean, there's no problem with trying again, but I don't know,
Sugar Town, I'm seeing it like everyone's just kind of trying to come and revive their projects
on abstract, which yeah, it's cool. I mean, good for them, but where, where, where does it end in
terms of like abstract accepting these projects to
kind of bridge there or revive themselves there like who you know frankie's dinner was one of the
one of the biggest fails i think out of all these projects and then to see it come back on abstract
i'm like well what like what happened here you know so i don't know what i think about that
but for the gaming part ai gaming gaming, parallel, parallel colony,
that's, like, where I'm aligned.
That's where I think, like, maybe we'll see, like,
a bit of innovation and a splash.
And it'll get things, the ball rolling for AI gaming-wise.
That's something I'm really waiting for.
So we'll see.
Yeah.
I'm kind of, for people that build games i don't know man i don't blame them to moving the
game to a chain that has more users like if it's a failed game just because your chain fails to
attract people i don't blame them for moving to the next chain but if you have like a failed
nft i don't know i'm not no the game didn't fail because of the chain i'm gonna just be real i'm
just no no not frankie I'm just I know not Frankie
I'm just saying in general if you're there in that predicament. Let's be honest the game didn't fail because of the chain
It just wasn't a fun game the loop one there, you know, like
Context wise the number one played game right now is called schedule one. It's an indie game
It was made by one or two devs and it's you being a drug dealer in basically robux graphics bro it's you
and some homies recruiting other homies to grow weed and plant pots and cook meth and like but
the game itself quote unquote the loop is perceived to be fun and so it's topping call of duty it's
topping these triple a charts right so that's just proof that if the loop the game is fun
the underlying shit is really just that underlying shit you know like no one even knows or cares
so that's the bigger problem dude it's they need to move chains then you need to improve the game
first worry about the chain later in my opinion i feel that i just don't know if like we should
be punishing people for failing in this space
i do understand the grifts and people take money and they leave but i rather them be honest the
fact that they failed than docs like going disguised and just rebooting it on a new chain with
like a new roadmap and them not disguising it so i rather than be honest and say yeah we failed
we're gonna move we're gonna try to do stuff different instead of them like being completely
anonymous and just doing it over again,
which happens all the fucking time.
So, I don't know.
What do you mean, like, Azuki, Zagabond had three projects before Azuki,
and no one gives a fuck about the previous projects.
So, I guess it really matters is you keep swinging until you hit it out of the park,
and then once you hit it out of the park, no one gives a fuck anymore about your past.
So, I don't know how to feel about it but i do think a lot
of the best projects are going to come from multiple tries at it people that did it multiple
times are probably going to come up with the best products because they have experience so
there's not a there's not something that i'm like oh they're coming over here and i'm not going to
like say i'm not going to give it a shot i understand why they did it and i'm going to be
more open-minded to seeing if they could be successful because from past history the people have been successful have done it
three or four times so it's a good point you're making it was talking much is on
the earlier space like I'm looking forward to the whole crypto space like
like evolving to where like what you're saying is people who create good
products whether they do trial and error or whether they hit out the bark the
first time that those are going to be the cream that rise to the top.
And I'm really looking forward over this next couple of years to our market,
you know, like maturing, like to that level of what you just described,
that the people would experience, no matter how much they failed,
if you eventually create a dope product and you learn from your mistakes
and create something that's beneficial and you know utility for all
of us then you should win you should have success so yeah i totally agree with that
yeah just keep swinging i feel like it's surviving swinging actually infinity survived for four years
and uh if you guys signed up for their thing that i gave you guys a free week a few weeks ago um
you can see if you got something i put my wallet in there and I got a nut.
I don't know what a nut does.
I think that might be a troll.
It's like, hey, you fucking lost my guy.
I'll give you two.
So congrats to the winners of the Atta's Legacy pre-registered contest.
Your prizes are coming soon. Thanks for everyone who pre-registered for the Atta's Legacy,
the upcoming Axie MMMO.
We receive all entries, draw all raffle winners,
and confer the top 200 leaderboard finishers.
Check out the final list here.
So I think mine was a troll.
But yeah, there's a new Axie Infinity game coming out this summer,
and they needed playtesters.
And if you won this, I'm thinking you're on the playtest.
And the playtesters are going to get, like, early rewards and shit like that.
So pretty interesting there, bro.
So go ahead, Chief.
Yeah, just a couple things to
wrap us up first and foremost we do got a couple losers right so um we had giga not to say that
the guy itself is a loser but he's on the losing end of the trade and the trade is he was sentenced to two and a half years in prison, a $3.2 million restitution fee for his Ponzi scheme hedge fund.
The lore now, the lore behind Giga now. Wow, just increasing.
Yeah, so it's just one of those things that everyone thinks that it's okay to fuck around until they actually get the letter to find out.
We saw them increasingly start indicting people.
And then we saw all of that go away, right?
So it's really the wild, wild west right now because you had, quote, unquote, Hawk Tua,
which I guess we could say in terms of volume and all that, was processing a lot more or was a bigger scam or scandal on the news.
Joe Rogan talked about it, right?
Just had her lawsuit dropped from the SEC.
Goes scot-free, absolutely nothing happened. She vanished off the earth for three months and
it's all good, right? Now you have this, Giga, right? Which at least for us, it didn't seem like
it was a big scam on the front. It didn't make headlines. It didn't go to Joe Rogan, right? He
was a participant in the space.
And now homie guy, I mean, which to us would be got the book thrown at him.
Right.
3.2 mil, two and a half years.
He's going to have to do at least.
Right.
Like, let's just say 30 percent of that before he can come up to parole.
If you read there, it even says stipulations for parole.
Right. Self-employment, business disclosure, alcohol and drug testing, financial disclosure, new debt restrictions, mental health treatment and occupational restrictions.
That's another thing you guys don't understand is after he's on parole, there are specific things that you cannot do in that life, especially if it comes from that life.
Right. That's why I was kind of iffy or wondering with Ross, would he have stipulations of being able to use a computer and stuff like that?
Because the law just is real finicky, right?
Systems fucked.
But anyway, you can just see the difference between the two, right?
Hak tua and then you have someone who, to us, just seemed like a participant, a founder.
But in the background, to the people, the judges, one is clearly bigger, bigger more important or worse than the other and it's not based off of
Oh, I lost more money or this guy did more volume or none of that
Like if they're trying to prove a point like you're seeing it being proven here with two of the such cases, you know
Next honestly his attitude was trash to other people and other projects like every time I heard him on spaces and stuff so
Yes, you get what you deserve man. I mean not to say it like that. He's a cool guy
but I've never heard him like
Respond nicely to some people every time I hear him in spaces, you know, so
Yeah, I mean this is about
Because he was involved in this pending, you know, everything, you know
That's what I'm just stressed. You didn't know about it, bro
He didn't know that he was going through this I went for this one to come up and this one he's come to Bitcoin
He's come to every single chain you can think of and hit a grift
For the children. It was actually for his children not yours and he's back
on soul ghost face killer uh sold his honorary puppet and back to wearing the ghost face face dropping shitters on soul
happened last night ultimately you know exactly how that chart looks um but it's just interesting
to see the perfect time to drop a coin right chief. Chief. I mean, look was so good.
Yo, fuck that guy.
Uh, whenever he was around GM, Jim, whenever he was around, he, uh, Jimmy
two song, his, uh, assistant hit me up.
I was actually a big Wu tank fan.
I'm a rapper and shit like in my other life.
Uh, cause he was like an idol kind of Wu-Tang in general, but, uh, he was in
Bitcoin.
I was like, Oh, this is fucking sick.
And, uh, yeah, I don't know. He fucking, fucking you know he did the whole whitelist thing for for the
children for a bunch of communities all of that I sent him ghostface killa.btc and 36chambers.btc
I DMed uh Jimmy that I want those back uh or a feature from ghost um just to pump my bags
but fuck that guy bro uh it commented that he was gonna
ghost as soon as this thing dropped and yeah lo and behold well you have a little bit more
insight lord i think this is actually great because that this was my point was yeah where's
jimmy disconnect well the disconnect of their managers or their people being here in this space
right like why would someone suggest yo go drop
a shitter on soul with the current state of like one crypto as a whole and two just shit coins as
a whole so it's like is the brain bro yeah i mean is he finding the poncies and he's going like
ghost listen bro we got a fucking lick and then they hit a lick on it exactly bro because like
all those all those fucking artists think that like it's nerds and fucking like people who want to be cool so bad in crypto so they're like these are
just fucking licks that's how they really look at yeah yeah hit a lick twice these little
motherfuckers want to take a picture with us they owe us money like and that's that's just why i
don't fuck with like the celebrities i know what a lick looks like polly i know where you came from
bro you know where i came from we know what i was an artist
bro like i don't want to say how we looked at like the nerds not and i mean nerds in in the
good way like no i'm talking about people who like like so something if every celebrity and i was i
have my time i reveal more about myself as time goes on but like bro like you you meet humans who
like you don't know at all they think they you, they know shit about you, but like they, they want to take a picture
with you or they want to tell you like, I want to take a picture with my wife.
And you're just like, I would never let nobody take a picture with my wife, but I guess that
this is something you think is cool.
And you know, and, and, and then you get the, like the people who made millions in tech,
they don't really, they're like, they're not hip.
They don't really have rhythm, but like, they feel like they can get clout in their industry by being with you and they know
this and so they like manipulate this concept and run with it because they feel like you know
the people in this industry and when i say nerds it's not just this industry because like if you're
like a top tech guy at fucking nvidia they look at that guy the exact same way right because they
just they look at them as us as all nerds so that's why i'm using the word nerd because they considered my ass nerd
at this point um but what i'm saying is like that's that's just what they do bro they just
literally purely here to extract and i don't like you know promoting them on the timeline to be
honest like you're not gonna really be in the trenches with us like you don't need to be
speaking on this unless you're talking about highlighting the people like us that show up every day so like if if ghostface killer want to come over here and
sit on the stage with you guys and say like you know the daily alpha has has helped me learn about
blockchain i'm cool with that he should be promoting you guys but promoting his his own
anything bears yeah he learned that with uh for the children because he was on some spaces and then he got funded the shit and then he
Sold his honorary because well, that's my question Lord
So you said his person that's here in the space. How is it is like I get it
I need peace on no, no, no. Okay. So my question is it's how are you like is this?
How are you advising it at this current condition? Right because it doesn doesn't look like, I mean, you're only, you're shooting.
Dude, I sold drugs.
I went to prison twice for this shit.
Like, so me, I would not go and try to burn my dealer when the market is not good.
He just burnt Ghostface because the market is shit.
Right?
If we already had a bad taste, he's extra burnt.
So that's my whole thing.
It's stuff like
that it's who even the people advising these celebrities for you guys to see they're not even
here they're not even present because you wouldn't advise a celebrity to do this shit now that's my
point bro bro that that industry which which which which tripped me out and we had talked deeper
because me you know i real like boss but bro it literally was a song saying I ran off on a plug, bro.
Like, these people think you can justify Rogan people for opportunity and for money, bro.
Like, it's like they, like, again, the people who did drugs in, like, the 70s,
they didn't sing or rap about it.
Like, the new rappers be like, yeah, I'm high as fuck.
I did drugs.
The new rappers like, yeah, I didn't fucking pay my plug back.
I don't pay my rent.
Fuck the fucking landlord.
Like, bro, these people were reckless at this point.
All indicted.
On that note, too, I know we're going off on the wrong foot,
but I don't know if y'all recently saw that.
They all got indicted.
Adam 22's podcast was facilitated 16 federal indictments
because of motherfuckers self-snitching,
going on a podcast, opening your fucking mouth and
trying to be the cool guy and it's like are are they are they telling on themselves no they're
bragging that's literally what it is today so please be careful you know like don't say something
you don't want held against you but yeah like that's the thing about it too it's careful because
you get screwed yeah bro it right now in that industry you're
promoted for like like the most low integral character shit you can possibly say is being
like promoted and valued and it's just just just a state and that's why like i prefer until until
that ends like bro just stay away like let us cook let us build and uh you know you know like
don't bring that extraction over here because again that's real extraction like like like that
shit is what we should be talking about and not, like, fucking talking shit about people that's been here every day and building over here.
People got mad at trauma.
Like, we need to set that fucking standard.
It's just trauma.
Like, it's, dude, everybody's gotten screwed over.
Like, I've gotten screwed over from people I trust here.
Trust me.
Like, I know what this Web3 trauma is.
Like, I've lived it for years.
Many people I don't talk to anymore, you know, because of shit like that.
But you just got to be careful.
But at the same point, it's like I'm with that.
Like you're going to fail upward.
If somebody here is not failing and they're just fighting, it's because they're not doing
fucking anything.
You're doing nothing.
You're sitting here trying to make money and all you're
doing is judging people bro and if that's your life that's cool but like in any other industry
you you need to fail upwards and it's the same here it's the same fucking thing here like zagabon
dressed up as a lady bro pretended to be a woman like all this shit that we've talked about and
it's like everybody has had some sort of failure here that's still around.
You know, I don't agree with a lot of it.
And like, but I just, you know, make your opinion with your pocketbook is my thing.
Like, I've called out a few things here that some that I regret most that I don't.
I think it's fine to like call out bullshit.
But yeah, you can't call everything bullshit, bro.
And if that's like your personality on crypto Twitter, you're not doing shit.
You're doing fuck all.
You're just trying to make money, which is also fine. But you could just shut up and then go research a token and make some money probably.
So I think I think there's too much fun because the Web3 trauma and everybody's trauma bonded.
Like I've seen it a million times.
I've seen it with seals right now on the gaming side of things.
Too many new seals expecting the game right now.
If you want it on abstract just to like be on a hype chain
sure brother uh i guess we could do that but it's like just fucking chill and let these guys cook
man yo lord y'all didn't even know y'all had a game for three years you know what i'm saying
i know everything about this shit no i'm just saying half of the seals didn't even know pixel
existed for two years like i'd ask that all the time and people
be like huh or like no arf dude look dude gary v bought a seal like fucking during the hype
last hype run you know how many gary v seal buyers have no idea what's going on of course
um but like literally i just saw a bunch of shit in the fucking chats like wob's still around he's
just in the background cooking. I don't care.
Sugartown, whatever.
Good luck over there.
I mean, my thing is, if you've been cooking for four years, you better not rush this.
I will literally go beat you up.
If you've been waiting for three years and go rush this right now out of nowhere.
You didn't rush when it was hot. When we were worth four ETH, you weren't rushing shit.
But you want to rush now when we're worth a hundred bucks?
You got me fucked up, bro.
Those voices were there.
Anytime anything's hype, every single person in a project is like, yo, when are we deploying?
Cause the fucking iron's hot, baby.
Same thing with Jimmy Toussaint.
Okay.
And his fucking ghost face guy.
The iron's hot somewhere, he thinks.
But like you said, does he even know?
No, he ain't really here.
But did they still make money?
Yeah, dude. It doesn't matter if it was the wrong time to do it it like he still made money and then he'll drop a fucking arbitrum shit we
just gotta try to rescue these zombies bro y'all are out here looking like fucking just bar i'm
not a savior anymore bro i'm a lord dude but not the lord and savior i'm just here i if you guys
want to save yourself good luck um but i would advise doing that i agree chief like everybody
needs to save themselves right now dude stop listening to these fucking people jimmy see
here's the thing about i'm gonna tell you something like that we can wrap it up though
here's the thing about being a savior bro and helping people most people don't want to be
helped so they'll leave themselves you don't change who you are you can keep saving as many
i will keep guiding as soon and every day a
motherfucker shows up to this show i will show you where to get water and how to hunt you know why
because if you don't really care to eat or drink you're gonna go find somewhere else bro but it
didn't change who i am you know so that's just how i move and that's just kind of my two cents
on this it's like because yeah i can get mad damn this dude just got me for some water got me for
some food i could have given it to someone who wanted it.
But at the end of the day, I mean, maybe that's what he needed.
And he's going to, you know, settle and kind of solve himself out.
So last thing before we wrap it up, Ethos did a update.
I know a lot of people were pissed off.
And, I mean, some people are farming that, really focused on making sure they have a good score.
Some aren't. A lot of changes happened on the last update right it was heavily based on who invited who right and if you were there early and built up your score so you know you were your
invite was worth more when you invited someone so like the invite that i did for x wasn't worth
anything because my score hadn't started yet.
After I got a bunch of reviews, the last person I invited now or used to get 40, 50 points off the rip.
So they balanced that out.
They're also balancing this vouch system because the way it's set up to is credibility is heavily influenced by the amount of money people are willing to put up and to a certain
extent i can get that and i get you know hey i'll put 50 bucks that good things won't rug
but i mean yo me and good things are trying to do some some fuck shit i can just say hey
put 10 grand up put 10 grand up or split it across some people and it looks like
we're good people our credibility is there and it's not because of us being credible. It's because we have money. And that doesn't change or solve any issue than
what we currently have today in Web 2 and Web 3, right? Money has always been the kind of bypass
everything. So if this is going to make a difference, it can't be based off of, oh, I got
X voucher, he vouched more or anything like that, right? It has to actually
be quality of your post and the review and how many up likes you like and, you know, and stuff
like that. So they're doing a vote now. He got a lot of backlash because that initial change,
he did it on himself, just him and the team. And he was one in a prime example of failing upwards.
He's like, dude dude how am i supposed
to build a data platform without the data like i needed to start collect data figure out what we
need to change and then we need to start making changes afterwards but you got to start somewhere
and i needed data to start you know so that's all up there if you guys have any questions or
still involved with ethos if you want an invite or anything like that, ask me, ask X, all that's still available for you.
I'm just doing the contributions, right?
Every 12 hours, I'm not putting money in there anymore.
I'm not doing any of that.
So kind of more passively farming it and not necessarily worrying about one review a day or something, maybe one or twice a week.
I'll go and crank a few out.
So that's just me. That's kind of how I'm playing the ethos thing. You do it how you want, right?
But they're changing all the stuff. So don't fall in love with your rank. Don't fall in love with
your score. Don't fall in love with none of that shit. You know who you are, bro. That doesn't
mean or make you or break you, you know? Yeah, the one thing I think the next new product that
everybody's going to go on invitation, Cloidsids is that noise app that we had bread talk about yesterday and
they added Wayfinder to the mind share and bread has been doing like showing it video of him
longing shorting open C and then one of the members of Cato basically did a nice little
thread on noise since it's on testnet and since the bread was up here kind of talking about it, I figured we have a thread here so you guys can bookmark and kind of understand what noise does.
So I got my hand on noise testnet.
Noise is turning mindshare into tradable trends.
Some initial thoughts and observations so far.
So the trading mindshare is a new primitive.
It's a new way to trade entirely.
Instead of price and volume, you are essentially trading attention. Noise is still in beta. The testnet as in actual mechanics are still
experimented with how the new primitive is. Looking forward to written docs on how the
mechanics are structured on the backend from the team. The interface is very simple and clean.
Homepage is segmented though. Chains, they have Monad, Abstract, Linean, Eclipse. Apps are Wayfinder,
Pump, OpenSea, Farcaster, Polymarket, and Infinex. The apps are basically the protocols you can long
and short based off attention. They have Infra with SuckaNet and OG Labs. One small note,
the M representing Mindshare might be confusing to some, would suggest having a definition per
SE. Kato AI is powering the
mindshare data. You can think of it as an attention oracle that noise plugs into. This
makes noise the first consumer app for users directly trading based on information. V is
cool to see apps being built on the top Kato data. Five, it feels intuitive that noise
expands to be on Web3 and crypto native projects. Imagine longing TikTok trends or longer shorting brands or longer shorting fashion trends or
trading hype around a creator, YouTuber, or TikToker. Some initial suggestions and ask.
Discover can be more intuitive. I'd love to see real time feeds for all projects that have
as markets. Introducing more gamified elements to the platform leaderboards is good, but having a
fantasy top element where users can compete and do certain tasks,
expanding more markets and trends and topics to trade,
trading things like Solana ecosystem, consumer apps, etc.
Not only the day three testnet,
so looking forward to seeing what the team cooks up.
So she did a nice little review.
She's not part of the OG Labs team, I know she's part of Kato,
which does have a partnership.
So I guess you could take it as kind of a biased take,
but it's a nice little thread going over
what exactly Noise does.
And it's invite only right now.
So you definitely need to invite the play,
but I definitely think this is kind of like a moment
where we saw political tokens like Bowdoin and Trump token,
and those get wrecked.
And then Polymarket taking advantage
because you can actually make bets
on actually things and get rewarded. I think this is a moment where you have that kind of thing,
but with like training of attention. So this is like a place where we could trade meme coins for
attention, like the next Trump coin that he talks about on a speech, or we can actually train like
a protocol trend, like do we think Wayfinder is going to go up in Mindshare on the Cato leader
board of the next week? And if you get it right, because there's a TG coming up, you get rewarded and rewarded that way instead of actually
focusing all your attention on meme coins and what's the new hot runner of the day. So I do
think this is going to be interesting. This is on mega ETH. I'm definitely looking to get some
invites for you guys and we'll definitely get you guys some more research and data on it when we
get it. So appreciate you guys stopping out at the Daily Alpha. We run it Tuesday through Saturday from 10.15 to about 12.
Appreciate you guys.
Obviously, good things in polymath are up here.
They have their Eternals mint tomorrow.
Guys, go check that out.
All their data is pinned up to their profile,
so we appreciate them stopping by.
And I'll see you guys tomorrow.
I'll leave it here for Chief to end it.
You guys have a great day.
Appreciate everybody that came out to TDA.
Flame, you're late. You know better. You're not going to come up see you tomorrow um tuesday through saturday 10 15 to about 12 12 30 at the
end of the show there will be a thread that encompasses everything that we talked about
all the things that we have pinned up to the top use it as a resource so you can do your own research and use these
opportunities for yourself. Any interactions, love on that goes a long way. It's all we also
get more opportunities for our community and we continue to grow. It's TDA or Stay Poor.
We'll see you guys tomorrow. Y'all be safe and have a good one. .
