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WEB3 EXPOSED🌶️🎙️
Recorded: April 21, 2025 Duration: 2:22:34Space Recording
Short Summary
Crypto enthusiasts are buzzing with excitement as discussions around potential Q4 market rallies, new project launches, and strategic partnerships heat up. With a focus on accountability and transparency, the community is keenly evaluating the best and worst projects while anticipating significant growth opportunities.
Full Transcription
Thank you. you
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing.
I'm not sure what you're doing. You know. I feel you.
I feel you.
So you know when you work over with me.
Right, right.
You work over with.
Uh oh.
Now you done that.
Two joints. Maybe done now.
Just so this one.
I used to be hard.
Try to explain. Oh Oh, man, get up and bail. I want to make her spit up and swim.
Yeah, all I've been doing is a baby.
You can do it, baby.
You can do it, baby.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball.
I'm the great walking ball. I'm the great walking ball. I'm the great walking ball. I'm the great walking ball. I'm the great walking ball. Hello!
Happy Monday!
Let's have a repost! Let's fucking go! And if you hear this then then come and do that Come and do this baby, shake it to the max If you do please tell that it's good to be max
Please just do wine, let me shake it to the max
Oh take it to the max
Oh take it to the max
Oh take it to the max
Take it to the max
Please just do wine, let me shake it to the max
Batman chill up, Batman chill up
Batman chill up, Batman chill up
Batman chill up, Batman chill up Yeah, Batman chill up, Batman chill up Oh She love tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo tippo t Girl, does she know how to shake it to the max?
Hey! like comment repost let's fucking go drop your salada address if you don't fucking like salada drop an an EVM address. Let's fucking go, baby.
It's time.
Yeah! Oh I'm not even bad girls on this fucking app.
You're fucking bending over for drug addicts.
Drug addicts that don't even have a credit score.
Holy fuck.
Come on, what? Your body likes a deco, watch a matcha. Anything you put in, get let do it. Like it's time to come. When I'm on it, like the custom.
We try to come.
Free and body get your game.
Who's going to Dubai?
Who's going to Dubai?
What do I know?
We have a really good show lined up ahead.
We're going to talk about the worst projects.
We're going to talk about the best projects.
We're going to talk about the worst founders. We're going gonna talk about the best projects. We're gonna talk about the worst founders, we're gonna talk about the best founders.
Let's get it!
How do you guys solve gold hit all time highs you woke up on your fucking iPhone your smartphone
told you that gold has hit all time highs you said let me go ahead and let me let me
act like I'm not that means nothing for you because you don't even own gold you don't
you don't even own bitcoin so why the fuck do you give a fuck?
Watch your lights! four other listeners i hope you get some ass this week baby baby.
You guys smell that?
You smell that?
Smells like a lot of soft ass motherfuckers
on this, man!
Tighten up!
Yeah, yeah, yeah, yeah, yeah, yeah!
Welcome to the show!
Life is all about you and not at all about you you How do you think? Each question, I can answer that. Higher.
Otherwise, you can differentiate between the two.
Awareness.
What a fool.
You think you're talking about a tonic-wise letter.
They say you're all the ones.
Awareness.
You can edit to.
I'd record that three from that.
I'm going to say it's wrong. I'm going to say it's wrong. so so so
Oh My destiny is perfectly aligned with this location.
I am the man.
So I travel back in time.
I have everything I want because my imagination is mine.
A lot of you guys have a wallet with cryptocurrency inside of it.
But you execute your decisions based on another man's thoughts.
That is your wallet you have control of,
but you use the money in it based off of another man's thoughts.
I need you guys to take your fucking brains back right fucking now, baby.
Come on! I'm not enough.
Because I'm not enough.
I'm not enough.
I'm not enough. I'm not enough. I'm not enough. I'm not enough. I'm not enough. I'm not enough. I'm not enough. I'm not enough. I'm not enough. Come on! Luna is giving me the only look right now.
Welcome to the show.
You are officially tuned in to Web3 Exposed.
My name is Shanice.
Shout out to every single one of you in the crowd.
Thank you to my amazing co-host, the number one analyst on Twitter.
Don't argue with me.
Argue with your mother.
We're here, baby.
We're live and we're direct. Pirate code, Kuro, Girl in the Verse, Diamonds, Alex, Rocky, PLV, Daddy, Keys, Who's Big, Dr. Kong, love baby, I see you!
Yeah, I had a really good back workout.
Can you fucking tell?
Happy Monday.
Hope you feel good.
Hope you feel fucking good.
Because let me tell you something.
The fucking scam fucking market bullshit is ending.
Please just accumulate.
Accumulate. before i get going uh this week we have another banging ripping ship by bz uh by dash he's gonna
be hosting that thursday so make sure you engage i'll pin up some stuff on the top so you can enter
we're giving away like thousands of dollars in pokemon tons of cool shit so definitely tune
into that bz is the home team if you didn't know i have been the lead business development um person as well as the marketing strategist for
the last 14 months and it's been amazing it's been amazing it's dear to my heart and
i probably should chill it even more down your fucking throats but the point is there's a lot
of really cool shit coming make Make sure you have an account
if you don't already. If you're a collector at all, even at the slightest, you buy stuff from
your cousins, for your little cousins for Christmas, or you like stuff sometimes, whatever
it is, this is where you need to be. This is absolutely where you need to be. If you're a
watch connoisseur, if you like stuff like that, definitely want to have an account.
All right. All right. I'm going to go over my bookmarks in just a second.
I'm sure Will is busy, so I want to get to him as fast as possible.
Also, guys, if you haven't already, like, comment, repost, tag a friend, tag a founder, tag somebody you disagree with.
It's all right.
This is an open stage.
This is an open stage.
And unlike most,
I'm not going to toxic positivity to death. I'm going to have the open conversation and allow
everybody as well to chime in, unless you're trolling the fuck out of here. We could do
other spaces for that shit. But anyway, before I go in, I want to make it clear that I don't give a fuck about anybody grifting anything,
especially on Bitcoin. So don't ever, ever get this shit twisted. I don't give a fuck
about any of that. I will laugh at you. I will go on your stage and laugh at you and every other idiot around entertaining
shit. But I do not give a fuck. Do not get it fucking twisted ever in your motherfucking life.
Thank you. Quick announcement. All right, let's get to it. Well,
thank you Will for being here. How's your day, Will? Happy Monday.
Thank you, Will, for being here.
How's your day, Will?
Happy Monday.
I mean, it's the same.
Nothing's changed other than people mentioning the word trenches every other day.
I mean, I'm so sick of that word, man.
I'm so sick of it.
Just stop saying the word.
No more discussion of the trenches.
This is the best thing in the trenches
it's like poverty robbing property at the end of the day right it's everybody put in five dollars
till somebody rugs like the market has no liquidity stop with the trenches all right i know people keep
on discussing there's money to be made in the trenches show me the money show me show me show me the coin that is pumped beyond a 3x show me one
and and i'll be interested um just think think smarter right now right this is the time to be
smarter not not you know less intelligent a lot of people should be focusing on leveling up right
and what i mean by that is up in your income up in your bags how can you do that well it's not
sitting here digging in the trenches putting 0.1 soul in to get 10 I can tell you that it's
definitely not that that's not what I'm trying to do um look if I can't put in 0.1 and get a
thousand I can't put in 0.1 and put get a hundred I can make better use of my time just working I can make more money
just working because I can tell you like you gotta you gotta evaluate like what your time is
valued at right some of you are valuing your time for like thousands of hours to make a thousand
dollars it's illogical right and that's why like i take a step back a lot of time when i'm
when i'm trading if i don't feel like the volume is there for me to make money on the trade at
least a significant amount it's not about trading size i've seen that one too you just got to trade
with size it's it's literally about just being smarter about your investments right it's about
being more intelligent it's about being more intelligent.
It's about understanding when there's liquidity flow and when there's not liquidity flow.
Those are the important things with these markets.
There's just not a lot of liquidity flow.
So you just got to kind of play with what you're giving.
You either DCA, hang on tight, watch this thing play out sideways for like the next two, three months.
Or, you know, you continue to get excited every time
you see a 0.4 percent pump it's it's interesting how excited people got today only to catch a
rejection on bitcoin um you know the reality is is like it's as we've discussed it's pretty much
sideways until end of year q4 uh You could see liquidity is not there.
You can see the interest in the market's not there right now.
I mean, I don't think there's a lot of interest to dump the market, right?
I don't think there's a lot of interest to go into a, you know, quote unquote, what some people call a bear market.
I consider a bear market actually substantial downside.
But I guess some people think that anytime you retrace in a market, it considered a bear market and i think that those two are not the same um but i do think
we're going to kind of play a dull market a sideways market a market that's not really interested
too much in you know investing at the moment and just kind of playing down and to the right
and you know just like i discussed with spy and we talked about it on i think it was alive we the other day, and I said likely we'll end up coming back down and filling out most of the WIC, and that's exactly what we're doing right now.
We're at 5,100 today.
And the target, I said, was at least 5K.
So I know there's a little pump on Bitcoin, a little bit of excitement, but the reality is we're just going to chop sideways for a bit longer, right?
The best way to approach this right now is what?
When you see downside, you can add size.
But how do you get size?
Well, it's not trading right now.
I can tell you that.
I guess you could trade somewhat within like a 2% ping pong range.
But I think the reality is, is like take your shorts, hedge the market, DCA,
if you want to. And then, you know,
the best way to play this out is figure out how to get more money.
That's really the reality of things and stack cash for the moment and wait for
this thing to kind of wheedle until it hits a breaking point for some people.
Cause that's what I think is going to occur here. Yeah.
It really makes me come into question if Q4 just ends up
being that rally that really kind of sends markets to a degree, but doesn't send them much higher.
And then we'll see what kind of plays out there. Because I've got two instances that are going to
play out here. One is we swing for the highs, don't catch them in q4 which would be really bad and then
two is we swing for the highs and actually flip the high right um if you flip the high the market
will be in a good situation but it has to do that q4 this year if you don't flip the high
and you come up and you rally say 75, 75%, 60% of the high,
and you come just shy of that.
And let's say you tap 95 and reject.
Likely it's a bear market rally versus an actual flipping of the market.
So you have to understand those two certainly different scenarios
that can play out here.
I can tell you guys i thought the profits over
today i'm definitely trying to level up i'm doing something kind of crazy it's going to take me some
time a little bit of money but you know is what it is and i can tell you like the level up i'm
doing is is going to set me up to like i don't even have to play in this market to be honest
with you i'm gonna be i going to be in a good spot.
But, you know, I'll still try to be here off and on, even if I am busy.
But, man, it's going to be a crazy ride.
I would say we get the rally we need to see in Q4,
or we end up in a bear market through 2026.
That is basically what I would tell people.
So you got to expect one of the two. I would expect at least in the you know q4 what i would look for ideally is even if you don't get
a rally above all-time high i think it will still send alts so you'll get some advantages there
just don't fall into the cult shit of you know oh let's all hold together and hold hands and nobody
sell when you see the rally come.
If you're not able to flip all-time high in Q4,
you're likely going to get trapped and just flipped right back down on,
even if you see substantial upside.
So that's what I tell people.
It's a caution until then, but I think there'll be a play coming into that FO.
And you got FMC going into the year, too.
That's another thing.
I think it's right before August.ust yeah i think it's july july 29th so we'll see what we'll see our markets look around july 29th and uh if not then likely it'll come down this is this is
definitely getting interesting i will tell you that i was expecting a lot more from this q4
or not q4 but this year
but really haven't seen it but we'll see what happens in the q4 if q4 ends up flipping then
i would say you know this is that was your bear market but if q4 doesn't flip and we stay
relatively where we are or even just shy of all-time high going into q1 i don't think we'll
exceed it and then i think that you, the tariffs and everything we're seeing currently with the administration will
have a lasting impact through 2026. And it'll be 2022 2.0 if that ends up occurring. So I'm kind
of watching for that and evaluating that and we'll see how that kind of plays out.
I have a question for you. And this just this is uh anybody can answer actually but
i mean what is a like what's the point of saying um i love live streaming i love any type of
content i think it's cool i i watch random people on twitch that i don't i don't even see on twitter
doing weird different things that we don't normally see when it comes to uh crypto content but
what is it what does it exactly mean if somebody's like yo i'm gonna live stream
trading the trenches all day long just pretty much uh what's the point of that is there maybe
is there please watch me and maybe i'll hit something and then people will think i'm a genius i don't know i i
feel like all i could think all right fair enough um it's been officially what four months since
trump launched trump token uh it feels like four years and then um i'm just going through my
bookmarks right now just yeah some funny things here also i uh i'm a little sad about my d god collection because i
no longer own a basketball team and i don't know what i'm gonna do with all my merch that tells me
i own a basketball team this is not shade i'm just genuinely like all right bet i'm gonna move
forward with that um yeah all right no worries uh well what happened what happened you can go ahead nah nah hey this is this everybody knows ride needs a zero um i'll see you guys on the floor
uh yeah outside of that yeah i think that's pretty interesting that's that's one thing
um i don't know maybe there's somewhere in their fine print i'm not even trying to be like maybe
like maybe maybe there was something in their fine print like oh after like x amount of years like uh victory is gonna sell
their position and then you know i don't know no no you're good no i i always find this space
interesting you know you find out news much later than you should you realize oh shoot how did i not
see that nobody fucking reads actual news that's why
people look way for twitter i'm like dude this article came out like seven weeks ago but all
right yeah but i'm i don't mind like i i buy about you to buy you to be part of the community
is what it is i like i like a lot of people over there for the people um i i think that uh
i think this administration's interesting i i definitely think they've been
pro crypto um but i it's not about the administration being as much pro crypto
as it is about you know allowing liquidity flow now i granted there are some some uh some interesting
things going on with pow pow's you know I don't think he should be mentioning anything
regards to tariffs.
That kind of shows a little bit of a bias personally,
but I do think that, you know,
I think that right now where the economy sets,
even if you are pro crypto as an administration,
you can't really get this economy off the ground
without getting some kind of movement on Powell.
You have to get Powell moving on this.
You got to get cuts.
You got to get liquidity flow.
And I don't see that coming right now.
I just, you know, it's not in the woodwork for me personally.
And so I don't, I know there's a lot of framework be trying to be created with discussing with the current administration.
I've seen a lot of that but i just don't the framework doesn't matter if there's no liquidity flow in
the market right and i guess some people take it as the aspect of like oh well it's you got to look
at this from a longer term view i mean sure i i guess we can look at the glass half full but i
think that at the same time you also have to look at the the pain side of things at least in the current you know flow of flow of the the economy and i
think that when you're looking at the pain side of things you can see another year of this pain
you're really good and and i mean i'm prepared for it i'm not i'm not bothered by it because i'm i'm
financially stable so for me it doesn't bother me but i can see a lot of people getting swept up in
this trying to gamble in the you know in crypto expecting some kind of gain on some of these
projects and just never seeing it through 2026 ended up you know being financially poor because
of it and so i that's why i tell people to be kind of cautious right now stop gambling um real quick i i put this mark this this title by the way because
i think what bitcoin's around uh two trillion dollar market cap right now i think gold's at 23
um i remember a time when two trill bitcoin hit two trill like as like the all-time high
in 2021 as far as like the all-time market cap. And now we're at this, you know,
you know, sideways market, if you will,
accumulation phase, whatever you want to call it.
And it's drilling at two drill.
I'm just really excited to see where it goes.
What happened to Bitcoin following gold profits?
I thought they were correlated.
I thought everybody was screaming that before.
I think they are.
I still think they are.
I think Bitcoin is just taking his fucking time
also for a long time gold wasn't even
I think we lost her
she's in the blender nobody can hear you
she locked
we might lose the space
no we're not fuck you
for a long time gold isn't even
moving but anyway um we'll continue real quick thank you guys for being here welcome to the
show 7 50 p.m drop an evm address drop a solana address thank you for being here thank you thank
you manny what's up fam go ahead posted dude hanging out. I think a thing that's not priced in is the U.S. export controls on these NVIDIA chips with China.
And if we start to see the market cap of NVIDIA tank, I think it'll kind of just pull everything down with it.
But I don't know. I think like 124 could be an upside target for February of 26.
But you could also get that rally going into August
after the FOMC meeting
and then just pumping into quarter four.
But I don't know, man, I'm just accumulating.
There isn't really anything else to do.
That part is true.
That part is true.
I think it's a little lower than 124,
but I definitely know what you mean by, like,
I think accumulation is
probably the smart thing to do here to a degree uh you just have to accumulate the right things
i think that's that's kind of the bitcoin that's it send all except bitcoin to zero send all to zero
that's already happening pirate that's already he was a knock on Maxie the other day, too.
Yeah.
Oh, maybe Punk's not.
Pirate, I'm going to give you permission to wear my apron around spaces.
Go ahead and wear my apron around spaces.
Show motherfuckers what's up.
What's up, Nico?
Go ahead, dude.
Prophets, why are you fucking with me?
Why do you keep changing your PSP, by the way?
What's going on over here?
Because I'm in the illuminati
you're in the illuminati today
bro like six of you text me like privately like yo it's because it didn't look good
let's tell her what happened i'm like let's tell her it didn't look good
all together it looked bad it was like weird it was like really weird timing
yeah exactly why i'm never changing my age again.
Be your own man.
Your timing was just...
But yeah, the other thing, you know what?
I don't think Bitcoin and gold...
So they're not necessarily decoupled from each other.
But if you look at 2021, gold didn't move.
And 2020.
Yeah.
I agree.
So in actuality, what happened was bitcoin ended up taking away
from gold now like from the way it seems to me everybody's dumping the dollar and they're
going to uh what do you call it gold like it well you got hold on when you say everybody because i
because this is important i heard a lot of takes today about this specific subject
where institutions are going into gold.
They left stocks.
Are you talking about retail?
Are you talking about institutions?
What are you talking about, Nico?
I'm talking about entire institutions, but entire countries too.
So, like, Japan has been dumping bonds,
but that's because they've been trying to protect their money.
It's not necessarily...
I think they did buy gold, but I'm
not sure.
No, no. They dumped bonds
to stabilize their
own currency, and now they're kind of fucked.
They shouldn't have done that.
Everybody's been talking about China dumping,
but they've been dumping the same amount
for as long as whatever. If you really
want to know what I'm hearing... It'll have a bad long-term
effect, though. Yeah. to know what I'm hearing... It would have a bad long-term effect, though. Yeah.
But really what I'm hearing is, like,
the whole thing with the exports from China,
so the imports...
Like, a lot of our companies here
actually canceled a lot of shit,
and they were already having problems.
So a lot of people don't know this,
but China's economy was already kind of in the shits and they've been dumping products everywhere
on countries like there's entire articles about this it's just nobody hears about this
but like they'll sit there just to keep people working make things and ship it out on credit
pretty much and now there's no there's nowhere for them to ship like there's
been a lot of a lot a lot of different countries complaining about this you should look it up i
want to add to your conversation piece because it goes a little deeper than that cool like yeah
so there's that happening so and now that we started canceling uh entire entire like orders like huge orders on them from what my understanding is
a bunch of factories went out of business it's kind of like going into a depression everybody
thinks china is has the upper hand trump put out a tweet today whoever has the gold has the whatever
like you get it like has the power and he's not wrong on this one. And China was already having problems.
So like, I don't even know what the fuck's going to happen by the end of the
year, but yeah, it's pretty crazy.
What's going on.
And I just want to say like China will be fun.
Like they're going to have to kind of rebalance their board basically
rebalance their books uh there's
only specific areas in china they're being heavily affected that ship directly to u.s primarily
but what you'll see with a lot of that is they'll just redirect to other countries right and they'll
make a difference there they're not they won't make as much as they'll make on u.s sides but
they'll still be able to sell product the problem with a lot of chinese companies that went out of
business primarily is because a lot of them were running already on slim margins and now they they're
running on nothing right so there were a few factories that went out of business but i i will
say be careful i'm going to tell everybody in the audience this be careful what you see on youtube
i've seen those same videos a lot of the time you'll see a lot of propaganda and a lot of fear
mongering around certain things like there's a lot of propaganda right now against China.
And I don't know directly who is putting it out there, what's putting it out there, but there's a lot around China.
And it's like Chinese channels, right?
Why would Chinese channels be putting propaganda against China?
It doesn't make any sense.
And so you have to be kind of cautious in those areas because it can end up confusing you and making you think that things are worse than they are.
I would say when there's a lot of fear, personally, I like to invest in those markets or look for investments in those markets.
You don't have to invest right away, but just look for things that are potentially there as a good flip, right?
Because you have to think about this in a long game perspective it can't it will
hurt china but again it's only ripples right now so a lot of this is rippling and you have to think
about it not right now about what's going on with trump but how hard can trump hit them until the
next administration comes along and people could say well you, at the end of the day, it'll be another Republican. Some people feel that way. Other people will say, well, it could be a Democrat and it could. You should never bet against the House. Right. And I would say, like, if it if it ends up being a Democrat and doesn't end up being a Republican again, next administration, what do you think will happen to China? Likely we will go right back to the way we were.
Nothing will happen. As the Chinese went to Hong Kong, come to Australia, I will tell you what
happened in China. Because China people are not like so many people in Australia or America,
they don't care. Even my grandpa was dead but starving. They just had good time for 30 years
and before they had so hard times, it's so hard time.
So they can bear anything, you can't imagine that.
I think long term they don't care,
but I agree if America make more
infrastructure from China to to all other countries make like china
not going to against america so hard it's good but chinese people they don't care they they have
nothing to lose yeah that's yeah super resilient people my bad well go ahead so yeah i wasn't like
them i didn't say that it was the end of China altogether, by the way.
Like, let's not take it that far.
All I said is they're already in a depression.
Yeah, I know, I know.
But I'm just making sure some people got that part.
But look, one of the things that is going on is that they are way over leveraged at the moment.
And as I've said, when I mean way over leveraged, like they're giving out credit to other countries.
And like, if you continue doing this, right, and you're not getting paid, how long is this going to last?
You know, so.
Yeah, but I'm sure there's something in there to where they can get something back if the credit's not provided.
Right.
Like, it's not just a straight
credit like oh an iou here's an iou on a piece of paper it's like hey if you don't pay this back
then you're gonna give us this or that just like you would with a bank and they're asset rich or
cash poor and that's literally what it is they operate in too much debt and they purchased so
much land it doesn't even make sense they were funding poor countries and knowing that they were never going to get paid back.
And it's just acquisition of land.
And, you know, just like every country, you're not mandated to pay back your debt.
So they just have to drag it on long enough where everything flows back into their ecosystem.
But again, it's alienating America, which is the only one that really has high consumer rates and high purchasing power is the worst idea ever they can they may be resilient
but it would be highly stupid of a country to do that anyways because there's other than the us
everyone else is not purchasing and importing a lot of their goods like america does so
yeah no no but yeah i i agree that
They're not necessarily saying
They won't ship to the US
It's the US tariffing them
That's the problem
There's a reason for that
You don't challenge the US
And that's why they're squeezing them
Because they know that the only big customer
China has is America
We're not though
They are redirecting some sales to Canada And other locations we pissed off too The only big customer China has is in America. Well, we're not, though.
We're not.
They are redirecting some sales to Canada and other locations we pissed off, too.
So they are making up on some odds and ends.
They won't make up on all of them for sure.
And they definitely won't make up on costs, right?
The cost will still kind of impact them in a pretty bad way.
But, you know, ultimately, they can kind of shrug this off a little bit by just redirecting goods to other locations
that they were going to ship to the U.S.
And also...
Brother, Ellie,
we have our entire population in Canada
not making a difference
to any of those shipments.
No, no, but here's another thing that they
do, and they do this often, and this is the reason why
Trump basically tariffed all these countries is because what they'll do is they'll just redirect their ports to other countries, right? They'll port through other countries and then they'll lower their tariff costs by doing that.
and if Trump lifted all the tariffs on the other countries
unless he sets up some kind of agreement with those countries
that they will not ship any Chinese products
China can just simply go through another country
aka the penguin country
that he tariffed that like 10 people live on
yeah dictator has very different
running model like democratic countries
they don't care about anything
they don't care about people's lives
they don't care anything they. They don't care about people's lives. They don't care anything. They just care they should be the dictator in the long term and their power is not
going to be taken by others. It's just simple like that. So it's quite a different game.
That's true. I mean, you just lower the cost of the amounts you have to feed in your country and it helps you out at the end of the
day. It's like, in a simple sense, it's getting a decent sized paycheck every year and then you're
spending more than you gain. And then now you've cut your earnings in half and your debt is much
higher and your interest eats you up over time time so it's supercharging a very big
uh financial burden into the country yeah it's it is what it is i mean it's there yeah it's
they have what it takes to to take advantage of it and survive out of it and they just have to
you know it's not a democratic uh country just like everyone says wait are we saying genocide is back on the table now
hey man hey it's not a direct genocide if you're saying that it's just uh it just happens
accidentally because they're starving market yeah i mean i don't know you guys are getting
all wrapped up on this stuff it's all kind of a meme dude i think the biggest thing here is just
like if they take taiwan and
take all the chips they're back in business dude so i think there were like one there's
contingencies for that yeah they're not taking the chips yeah the okay cool yeah sure i'm glad
that we're gonna rely on the government for a contingency on that but i think the biggest thing
is is like that and like a conflict in iran could
kind of like set us off right so i'm positioned in cash and accumulating all the stuff i like
um but i don't know i we'll we'll see what happens the china don't sleep on the chinese bro
like they're very resilient people bro they've been they play a thousand-year game bro is there a correlation with goods like watches and things of that nature and the current value of the
stock market and crypto well yeah profits everybody got a 20% reduction in their
earnings because they now have to pay tariffs on all the dog shit that they
were peddling for years right and then now the government's collecting it as a
tax that no one sees but it's like yeah
we're taking your money but then your taxes are still high as so now you're getting double
i mean like china and the u.s is more like bitcoin and solana china can be like success in short term
it's very fast efficiency not so so so is not so expensive, but long term, Bitcoin
will become more stable and run longer because Democrats are not the worst system. But dictator
sometimes, if dictator is good, 30 years, you will have a good time. But if you've made a one bad dictator all go to zero go to zero you guys do know that
uh crypto is not going anywhere because the politicians use it for money laundering right
like it's the greatest tool for them to money launder you you mean you mean tornado cash but
yeah we'll go with that um they can they can money launder it and hide it nobody knows what
the fuck they're doing but anyway look like at the end of the day i i think manny's on to something with what he's saying
there i i think it is kind of a nuanced conversation we we know they're not going
anywhere they're going to be fine they'll make it through right one way or another forced or
unforced um at the end of the day they'll find a way. And I think what the point that Manny was pointing out is is exactly one of the ones that pisses me off.
It is a tax on your tax, right?
You're getting you're getting taxed through the tariffs.
You're getting taxed.
Now, look, it's a hot it's a hot point for some people.
Right. Some people get upset when you talk about these things.
But you're you're also getting taxed by the government.
Now, if the government comes out and says, hey, anybody makes under $150K a year,
you don't pay taxes, that's a different conversation.
It's like, okay, now you're offsetting a little bit.
You're offsetting a little bit for the poorer people.
You're helping them out.
You're helping them get an edge in the market.
Yeah, but then you still have to pay, right?
Then you're back to the 80s era of Reagan
where you're just like,
why would I work for more than 200k
The taxes
You would stay under that tax bracket at that point
To avoid taxes
Or you would launder money
A.K.A. I donated 100k to Goodwill
And I want to write that off
So I only made 120k this year
You know you made really 200k
Will do you want to buy some art?
Yeah, I'll buy some art.
I would say that it's not a...
And when it goes to zero, I'll just write it.
I thought Will was talking about starting his own NGO
so that he can fucking embezzle the money right through.
Look, there's so many legal ways to embezzle money
and there's so many legal ways to offset, air quotes, your taxes.
I'm not a tax advisor, of course.
I just want to put it out there for people.
But I have met some pretty savvy tax advisors who, if you pay them enough money,
they can easily offset your taxes by a significant amount.
Tax avoidance is not tax evasion.
Let's go.
Exactly.
It's not a one-to-one ratio, guys.
Yes, the taxes go up.
It's not a one-to-one conversion.
It just eats up the profit.
Half of it eats up the profit of the merchant,
and half of it goes into the consumer side.
It's not a one-to-one.
And if you lower the taxes,
it will further stimulate the country
just because it's going to stimulate the country just because
they're it's going to incentivize people to spend more because they have more and so that's the
psychology to it and so uh they might not charge you from your income tax but they can charge you
on different things you purchase a car they can charge you for that you purchase a house they can
charge you for that you know it's just uh they're they're relabeling things you know so but again it's you know in
business just like when they said uh tariffs were some goods and i'm in building houses and
you know it's not a one one shot everything 3x it's just like certain things that you're buying
you gotta subsidize with something else and and and move the cost that's the purpose of non-profits
and uh basically churches right so we just build's the purpose of non-profits and basically churches, right?
So we just build some churches, make some
non-profits, and our
tax number goes down.
Wasn't somebody trying to do a crypto church?
Yeah, a lot of people do it.
You mean Satoshi?
No, no. I think somebody tried to do
a crypto church
type of thing. I heard that too.
I heard that.
People only talk about pub and dumb in the church.
How, how much 10 X you have in the church?
Yeah.
I just, I didn't work out.
I mean, just in case of an investigation by the U S government, I. I have no idea how I got here. I just started
Spaces and I don't know any of these people or what they're talking about. Welcome to
the show. It goes live every single day here on X except Wednesdays, 6.30 p.m. Eastern.
Appreciate all the chiming in and the energy today. What is going on
in the suey world,
Mr. One Six? How's it going over there?
Well, it's going great over there. I just want to
chime in on this whole gold conversation. Let's just keep
in mind that Costco can't even keep
up to date with it right now, as
well as silver, too. So just remember
that if Costco is selling out the instance
they get their fucking pallets,
that means it's good.
Feel that dog, though.
Yeah, feed your dog.
Dude, he's trying to attack a cat, Curl. I'm sorry.
Yeah, because he's hungry.
I literally just cooked him a steak.
But we're not even in a bear market. Fucking A, Curl. That is a hunger market.
Fucking A, girl.
That is a hunger bark. You could tell.
That's his only bark.
That's all he does.
He only has one tone of bark for some reason.
So you're saying these gold bars I buy from Costco
and take to the pawn shop and sell for more
are a good deal?
I mean, it all depends right
like uh your strategy like i'm sorry but like if everybody puts just their money into just crypto
like that's that's some of the worst investors they're just traders they're not investors at
that point if all they're buying is crypto right like if you're not diversifying in all sectors
because it's just a big circle of money right like? Like, sure, right now, gold is up. Gold's going to go down, and that money has to go somewhere else. Where's that
money going to go? I'll put my money on Bitcoin, probably, right? But then Bitcoin's going to come
down. Then where's that money going to go? Probably the stock market because, quote unquote,
the tariffs will be done then, right? And then where does the money go from the stock market?
Oil, real estate. It's just a vicious circle, right?
The tech sector too. I think a lot of people are discounting the tech sector potential growth.
But the funny part is with the tech sector specifically is that what did they build
recently? AI. What did AI replace? A bunch of software engineers. So if a bunch of software
engineers got replaced, guess what the company's just done? They saved a bunch of money, which
means their expansion, their growth, and everything else
goes up tenfold, and
it doesn't cost them as much
because they're not hiring as many people.
When are we touching NVIDIA again?
That's the real question I gotta ask
you guys.
You're still in NVIDIA?
No, I sold, but
I didn't sell at the top, guys.
You know, I mean
Just out yesterday. No, I sold like
Two and a half months ago. It was like right before
Fucking Trump got into power because I knew there was gonna be some funny business, right? Like there always has to be
You can't trust white people here anything
Well, you know.
I'm not going to lie to you, you guys.
That's how I feel.
Yeah, I don't kind of fence to that.
How I feel is that the tech is not a part of this circle.
I can only trust myself half the time.
Ask the prophet.
She'll tell you.
I'd be making the dumbest decisions.
Is there only half white or what?
Yeah.
The other half.
Yeah, I get smarter decisions come up for the other
the other race so it could be true you know it's culturally bound you know just kidding uh
that that's that's an interesting i don't know about nvidia man i'm not gonna lie like i think
like tech software tech software companies stuff like that i, I was, because I've been dabbling in looking into engineering and trying to see what the sector looks like.
Like, electrical engineering has been flat for, like, 100 years.
Like, it hasn't, we haven't gained any growth in that field in a long time.
Wait, did you check out the stuff i sent you the other day
um like in relation to like the like the revit software and stuff like that because i did see
somebody update their uh their github with a uh cursor uh implementation or or mpc sorry mcp
implementation for it i want to i want to throw a concept out
there maybe you guys can can see um people don't invest in in a well-ran business that has no
speculative value right so nvidia is one of those companies that are highly profitable
they've really ran it like a true not like like a true business, as a true business with like a
traditional business with major profit margins. But then the downside of that, it's not a startup
company. So you don't have those X's that people are expecting. And so giving that visibility to
people is then valuing your company based on a value-based investing, not a speculative base
investing. And so NVIDIA is just one of those companies look at Tesla it could perform terribly year after year yet
because he's got Tesla and in the SpaceX and all these other narratives that
people can speculate that that stock goes like oh it's undervalued look at
the potential of it to the moon guys literally to Mars you know and people
get bullish on that and that's
what people chase in the pump and dumps and you know it's no different from
from this crypto market is the same in stock markets is people like speculative
assets they don't like food or form I can value it because based on my earning
potential you're not putting your net worth in apples though what you're
telling me hey man I put my net worth in real? Is that what you're telling me? Hey, man, I put my net worth in real estate.
I'm going to tell you that.
It's not Apple because I can tear down a property and build it and sell it.
And that's what I do.
I thought I was supposed to put my net worth in mean tokens.
Oh, man.
You know, it depends.
That's the maximum of the maximum speculation.
Yeah.
Go ahead. Hold on. I'm's the maximum of the maximum speculation. Yeah. Go ahead.
Hold on.
I'm cashing out at the store now.
So everybody else keep chattering.
I wanted to say something before, actually.
This guy can still do it.
Somebody asked Sam Altman.
How much extra does it cost for the AI to be polite?
And he said tens of millions,
but it's worth it.
It's so weird.
But yeah, apparently it costs a lot of money
in electricity.
All that matters.
Discipline of anything
costs a lot of money.
If you don't discipline your kids and then they're out there
fucking shooting the place up,
it's going to cost you a lot of money
Yeah, fine, but like at some point it doesn't have to sit there and be that nice to you, you know
Like I even noticed like it's way too fucking nice
Well, the thing is is if you just say please and thank you like you would with any other human being
Uh, and you just treat the machine like that it might rub off on it
But like I know how you americans get down it's like where the fuck could i please speak
you done checking out or what
yeah i am um so no i'm just gonna go back to will's point right to me like bitcoin is part of the tech
sector uh personally right i i haven't seen any chart or anywhere where the tech sector is put into that circle of value or currency movement.
Are you saying Bitcoin is...
Is that what you just said?
Wait, what?
What did you just say?
I said that I consider Bitcoin part of the tech industry.
Oh, interesting.
Okay.
You don't? That's true. You don't think it's tech? No, no, it tech industry. Oh, interesting. Okay. You don't?
Do you don't think it's tech?
No, no, it's true.
It's tech.
Technically, it's code.
Code is tech, right?
Yes, yeah.
It doesn't matter.
I can see that.
If it's a website or if it's a wallet or what it is, it's still tech.
I mean, shitcoins are tech at the end of the day, whether people want to acknowledge them as that or not.
Do they have a purpose?
So there's a difference between tech with a purpose
and tech without a purpose um and i think that that's that's kind of where the line kind of gets
drawn now i think tech sector wise people should have looked at those layoffs on the tech sector
i'm like oh this is going to be bullish for the tech sector but instead people are looking at it
as bearish um why because it's going to eliminate a bunch of useless jobs that the companies are spending obscene amounts of money on, obscene amounts of money. And then it's going
to replace them with AI. And the new software engineers are going to be AI software engineers,
not just software engineers. And then you're going to have computer science engineers,
and so on and so forth, that are going to also be running that sector now these guys typically fall under the same degree type as
electrical engineers right so they're all pretty much the same circle jerk electrical engineers
more nodes and diodes and all that stuff like that and whereas like these guys are more coding
and everything else now electrical engineers also also code, but you need all three of these guys in your field.
Now, the problem is electrical engineers get paid significantly less
than what you would pay a computer, you know,
science engineer or a software engineer.
And so you are increasing revenue like freaking crazy
if you eliminate 100 of them, if you eliminate 20 of them if you eliminate 20 of them that's
when people like oh these poor software it's like bro you guys like they make more in a year
than most people will probably see in a lifetime yeah i like to say that on average engineers
software engineers tend to make what they are going to be fine laid off or not they are going
to be fine yeah they make they make essentially it's it's
difference of uh getting paid a big amount but usually they get laid off in 20 years versus like
you know you have a job that you last for 40 years but your payouts is pretty much the same if you
look at it in that standpoint so and then the other thing that you know people need to know is
there's major tech companies that hire talent just so that the other tech company doesn't
hire that talent.
And so there's a lot of filler jobs out there just to fulfill the requirements of the government
to make sure that you lower and decrease unemployment over time.
So they're onboarding a bunch of useless people that most of the time, they just sit around
and do nothing.
And that's just part of the game.
In order for you to continue to build your business you just have to go through a checklist
and you're like okay i gotta have this much african-american this much white people this
much indians this much x y and z and then just hire that and go through that checklist and then
now you ignore them and just let them sit around all day you know so that's very common in a lot
of tech companies whether startup of or that's what was happening now now they've eliminated that whole process so now there's
no more of that it's it's vital vital use case or none right at the end of the day yeah i mean
yeah because they got shrink out and lean out the the businesses yes correct yeah i'm just
gonna start a rumor that i need a job holy shit well if if you're if you're moving towards the software
side of things don't go software engineer you want to go full stack right yeah just computer
yeah you do you're not always full stack yeah yeah full stack will always have demand the demand's
lower on paper but it'll always have demand over software and you get paid significantly more than
software oh 100 so yeah that's that's the way to go but that that's that's where that's what They don't always have demand over software and you get paid significantly more than software. Oh, 100%.
So, yeah, that's the way to go.
But that's where we're heading.
It's hard to get in, but, you know.
It's almost like with engineering, right?
So for engineering for a long time, we had drafters, right?
And then we had engineers.
Well, you eliminated the drafters and you put that job in the engineer's court well now
you're going to eliminate the software engineer's job and put it in the computer science engineer's
job so it's essentially just combining two roles in the one and these companies are going to make
out doing it a lot of them make out doing it yeah because there's a lot of inefficiencies when it
comes to a lot of the tech companies today and and that was caused by a huge influx of you know uh poorly coded uh poorly coded systems and
so i can see that making it it's like hiring an engineer and then getting them a secretary
yeah well it's basically it yeah it's true and the other thing is like you know it's they they
skipped out on formal training they just go i took a hackathon class and, or what is it, the hackers class and figured out how to code and put things together. And because during that time, everything was all about scalability, not about efficiency. You know, you can get away and do all these things and go back and reverse. And that's why you're paying people double the cost because they have to reverse and reverse engineer,
find a code that made it complex
and not integratable with new softwares
and all that stuff or new code.
Or sometimes they just pile it on.
There's a problem there.
Just ignore it and just build out and add on to it,
which created more problems than solved it.
So then you have a sector of like, like you said,
there's assistants for that or secretary for that engineer,
because they got to fill in that job to do the tedious work.
So, yeah.
Yeah.
They don't want to pay the engineer to do the drafting.
Well, now they do, because guess what?
It's not as easy as it used to be.
And that's, it's going to be the same thing with code.
Code's going to be the same thing. Because. Code's going to be the same thing.
Cause what are you going to do?
The software engineer used to write the code.
The computer engineer used to come back and review the code and then make
sure the code was good and then send it all out.
Right.
Well now AI will write the code and the computer engineer will verify the
code and send the code and correct the code.
And now you you've eliminated a whole role.
Yeah.
Now it doesn't mean software engineers will be eliminated altogether it just means that what will end up happening is they'll
have to be ai assisted software engineers right like maybe like level threes or higher it's going
to eliminate mid roles and lower so if you're like at a midpoint in your career you'll likely
be eliminated but if you're at a high point in your career you still have a place because you're
likely in the AI sector
Yeah, it's a way further than what I was trying to say all I was saying is that it's a circle of currency
It's all going to go up and it's all going to go down. I wasn't trying to find indeed
I wasn't trying to find another job, right? If anybody needs a job, we know it up will hit a monkey
They may know your position, especially if you're in the tech, as we can tell, right?
But that was the point of the conversation, right?
As far as what I was saying, right?
But it does matter for money though.
Yes, a million percent.
As a pilot who write code, I would share something.
Like every time you guys say about code, I thought it's me.
But writing, right now with AI is more like autopilot.
But if you drive before, like 100% you use your energies.
But Tesla just make 10% of your energies.
Like you just verify it's driving good.
Right now you're writing code is more like AI writing code, but 10% of the energy you
just use that to verify if it is driving good.
And maybe AI can help you to verify if it is right and good and maybe the AI can help you to verify. So it's
more like people have idea, people know what they want, but use AI to generate more code and
software and the product easier. So it's generally 100% faster. Yeah, way more faster.
The thing I would say to that too, it's kind of like translating your English to another language. It might be close to what you're trying to do, but when you actually understand the language, you're like,
It's not my native language, so like...
Yeah, it's not a hundred percent there. It's like, it's getting there. It sounds about right.
And then when you actually speak it, you're like, these are not the right words. You got to plug into that.
Sorry.
It's okay.
But it's not my first language.
It's okay.
No, no, no, no.
I'm not talking about you.
I'm talking about like, you know, the AI-assisted things.
It's like, you know, you're getting coded and it's doing what you need it to do for the substructure of it.
of it, but then when you're actually looking into the code,
But then when you're actually looking into the code, you're like, oh, I could have done that a lot better.
you're like, oh, it could have done that a lot better.
You know, sometimes, sometimes it's brain will be dead.
You will say, help me to fix this.
He do something and say it's not right.
And he do another, he said, you say it's not right.
And then he do it again.
The wrong thing is again.
It's a fuck what I'm doing.
God damn it.
And he will keep doing this again.
And shut up.
The thing with AI
is it allows you to
go back and verify itself too
because a lot of time it will write code and then you can tell
hey can you back check this
and it'll back check it and find errors
it'll back check it and it'll see things that it did
wrong and that's how you
teach the model correctly and then from there
and again I don't want to get to it
I feel like we're getting too techy on the conversation yeah the point being is is that things
will become more efficient 100 price margins will get better for a lot of these tech companies and
prices will rise because price margins are getting better and i think that not a lot of people are
looking at that factor with tech they think tech is cooked but tech is really just kind of it's
it's almost like i feel like
we've talked about infancy of tech since like 2000 right and it still feels like it's evolving in in
such a big way that you know it's going to blow out at some point but to me like i i couldn't be
more bullish on people that are in the engineering sector because like the evolution of tech is just
it's just blowing
up our salaries like nuts man like our side are freaking blowing out the roof because of
because of the evolution of this and the longer you've been in the field the the more and more
you're getting paid so it's yeah absolutely phenomenal i'm having a great time in this
ship yeah because at the end of the day it's like you know it's it's offsetting some some things with
with ai and all that stuff so that we can focus on innovative things to build out in the end.
So I think it's just...
Faster is better, whether people like it or not.
They can sit there and say, oh, well, you need a human touch.
The human touch is there.
That's your high-end people overlooking the code.
That's it.
Yeah.
It's kind of like factories when you're building out uh concept or or um
what is it uh molds of things or or parts of things you don't mass produce it but well you
just kind of prototype it over and over again and see how it goes and those are where the engineers
go and build and then eventually when it's perfected then you put it into a mass factory
to mass produce so it's no different, I think.
You want to jump in there?
I see your hand was up.
It's still up? Sure. I'll go now.
Why not? Everybody's taking a breath.
We'll go back to the profit's question. What's going on in Sui?
A lot's going on in Sui. Does anybody
know what happens when USDC goes to a chain?
I don't, but maybe somebody
else can find out.
DeepBook protocol launched V3.
Liquidity is starting to be pushed through it.
Keep an eye on that.
I'll tell you what happens when they have USDC.
Now people in New York can use Sui.
Yeah, we can't use Tether. We can only use USD people in New York can use Sui. Yeah, we can't use
Tether. We can only use USDC
in New York.
Yeah.
It's good.
It's okay.
It's the same in Canada?
Yeah, but my husband's like, if you're on chain,
he could use anything, but realistically,
yeah, no USDT.
Yeah, I know you could use anything on chain, but I i know like you can use anything on chain
but i'm just saying like yeah yeah no usdt absolutely no usdt like yo if you transfer
like if you do like usdt to eth and then you transfer the eth to your coinbase they'll
lock you out your account it's crazy exactly yeah oh that would
piss me off man like they blocked me out of my account before if you do what kiro if so like so
what i did was i did usdt to eth and then i transferred it to my uh coinbase right because
i was gonna go stake some more eth on coinbase just to see if if they would fuck up and give me five
percent instead of 2.2 percent but uh that didn't work out what happened was my account got locked
because you know they they'd be using chain analysis to to scan all of this stuff right
so they can see so i got a piece of paperwork back for my taxes or whatever, and they could see, like, all the wallets I had, like,
kind of, like, transferred funds from to put into the wallet
that I usually go to Coinbase to go stake stuff with.
And they fucking, yeah, I owed them a little bit more money
than I expected this year because of my trades and shit.
That's why I stopped trading altogether because it's, like,
it's just not worth it for me. Like, just well not in canada yeah canada they fuck you
it's crazy here it's like actually crazy here like they've been they've been using
since 2017 right so i noticed all the people i met in web 3 uh from canada not a whole lot that, you know,
have come up quite a bit.
They have left Canada. I see why.
I understand.
I'm not leaving because I pay my taxes.
I'm not a tax evader
here. You know what I'm saying?
Like, yo, I'm a good
citizen of the country.
I pay my taxes. I enjoy paying
taxes as much as that hurt
me to say.
What the fuck did you just say, dude? Pay my taxes. I enjoy paying taxes as much as that hurt me to say Hi, I lied so hard there that shit shit hurts so badly. You have no idea.
No, I just... Bro, I thought you were such a patriot, man.
I was like, dang, this guy's a beast.
Look at that.
He's 50% taxes.
He's like, I got this.
This guy's voting fucking dead.
I don't need help here.
Oh, no, I voted conservative.
I voted on fucking Sunday night.
Shout out the advanced polling station inside of my community.
51st state.
Relax.
So this is real quick.
Real quick.
I just want to say, Kira, really fast that I don't know who that conservative guy you
guys have over there is, but he's fucking hilarious.
Like whenever somebody asks him a question, I'm like, oh, really?
Why?
Tell me why so go ahead go and elaborate on that and you always see well my favorite part my favorite part about canadians right now well they're like he's trump
he's trump i'm like yo wish he was fucking trump you fucking wish you wish i have a I don't really have a political
leaning but the dude is fucking hilarious
I've watched him on a few
he'll be like why don't you go into detail on that
why don't you tell me
they'll be like oh well the people say this and this
about you and I'll be like oh what people
who told you that
they can't say names
did you guys
like his ride?
They literally went and registered fucking,
I think like 100 and something different new pundits
so that you can't see his name on the fucking list.
And it's like a CVS receipt, man.
That's crazy work to me.
Bro, government is like comedy now.
It's just a bunch of fucking comedians applying for a fucking government official.
A couple things.
I have a friend that's a huge Trump supporter.
He's got an American flag that says Trump on it or something,
but he lives in Canada, born and raised in Canada.
Right by Toronto, one of those little hick towns but yeah and then yo i'm assuming this but i do know this that so tron i don't know if anybody knows this and it's
all money laundering or whatever you want to call it it's like number two in in uh hold on it's number two in in uh what do you call it volume
because people are using it for usdt i think that's why it's kind of bent here tron is used
for money laundering it's always high volume oh yeah honestly like they're transferring usdt most
of the time on that i think That's where most of the USDT
is f***ing vintage.
Does it stay in Tron after it's
moved?
Yes, it doesn't lead the network.
Okay.
We all know
why, but we don't have to talk about it.
Okay. Nice.
Tell me.
It's just moving art from one hand to the other.
You just keep it in art me It's just moving art from one hand to the other You know, you just keep it in art
It's just art dealers
It's like you buy art and you put it in the waters
And it never sees land ever again
It just floats in the water
Remember, a billion dollars for a banana so you can eat it
Or how much ever you spent
Who the fuck bought art on Tron?
That's almost as bad as
No man, I'm not saying it's like art it's
it's essentially you're moving it's money laundering right so you move it through art
man and they stay in the water that's what i meant people remember when russia had the uh
they basically had the sanctions on them do you know what chain they were using the most to move
money tron we don't have to talk about it. Bitcoin? No, I'm sorry.
Everything's legit here.
Isn't it Tron?
Your boy, Frank,
was moving money through Tron, supposedly.
Yo, that guy
is not my boy.
Yo, let me be straight up with you.
I'd be from Toronto, but
I don't, like, like yo and my boy might
work for him as an anr but my boy don't even hang out with him like that's how it'd be you
know what i mean like yo no new friends you know what i mean like i'm friends with prophets but i
ain't friends with drake i'll tell you that much that's good to say in recorded space yeah i know
yo i respect prophets I don't respect Drake
Kuro I better meet you at this fucking
Consensus bullshit thing in a few weeks
Where in Toronto
Yeah I gotta be in my house by
11pm I'm on fucking house
Don't worry I checked the event list
It ends at 4
There's no way I get back to Edmonton by 11
Did anybody see the new Kanye news?
Why did you do that?
I expected one of these fucking idiots
to bring that shit up
Why did you do that?
Bro, it's wild
I just want to hear it too
Yo, you got some
First of all, i don't care i don't know i don't know how high you got to be
to make up some shit you can't come back from that
that is he's probably really traumatized that's really that's really sad i feel really bad and
i my heart goes out to anybody that's ever
been traumatized in any way
as a child. Because that is not okay.
I just don't know
what the interaction was.
That's what I'm...
I don't know. I don't know. I don't want to go
too deep on the conversation, but...
You brought it up.
I wonder if it was a mutual thing.
That's what I'm wondering. I don't know if it was
like a forced or a mutual thing
you're into some weird shit between the midgets
and now this
I don't know what the fuck to say
there ain't no midget conversations with me
what's the midget's name
what's the token
let's go ahead and reset the room
I remember in 2021 when
T-Moss was the worst thing that happened to this
fucking space yeah remember that remember that let's talk to the dog frankie how's your day
going bud how's it going bucko yo what's up yo What's up, Teef? What's going on over there?
Talk to me.
Shit, not much.
What's going on with that Medicaid shit?
Oh, Medicaid?
I stay with them.
No, it was something else for somebody else.
We're negotiating right now a contract.
So we'll see if that pans out but hopefully
it does if not you know is what it is um all right any and is there any uh order no enjoyers
up here throw an emoji any order no enjoyers bitcoin nfts profits please hey hey trying to
change the name.
Get the normies into it.
There's a new room name.
Apparently, it's Alzheimer's or some shit.
What is it?
Alkines or I don't know how to pronounce it.
Got you.
Hold on.
Stone, if you're not too busy, I know you're a Bitcoin puppet.
Anything I should know over there?
Should I be scooping more puppets up or what are you any alpha
nah honestly i uh i don't even look at my ordinals i um i ran up a bag of btc back when like they
were really running and uh it's it's like a moon bag for me at this point i have like a couple
puppets couple omb oh you could give a fuck about the eco.
It could go to hell.
You're already...
But I'm holding a moon bag on all of the good ones that I think are good.
I have an ALU, too.
I fuck with the ALUs.
I fuck with the ALUs.
I think they run eventually.
No, no luxury brands or no stuff?
Yeah, I know some brands. No, luxury or no stuff? Yeah, I know some brands.
No, luxury brands.
Yeah, yeah, I know some brands.
Shut the fuck up, Will.
We're off today.
Two for fucking two, Will.
Two for fucking two.
Let's call Will Bad Things.
Yo, prophesy it was going to be me to do it.
I love you, Will.
We're going to call Will Bad Things.
I cracked you Will. Over to Paul Will's bad things. I cracked myself up.
Yo, the Polymath guy is kind of a nice guy still.
He's just a crash out, you know.
But, like, the other guy did him dirty.
He's definitely bad things.
Holy fuck.
Wait, wait.
No, no, no, no, no.
Don't do that.
Don't do that.
Wait.
Unless there's some real alpha or T,
I don't want to hear any bullshit.
Oh, you didn't hear the
two-hour and 45-minute
crash-out space yet?
Oh, I heard some of it.
What do you mean?
It wasn't two hours. It was like 25 hours.
Okay, I heard. I got up out of my sleep.
Honestly, to get water.
And then the fucking group chat was spasming. I was like, is there a coin? And I was like, honestly, to get water. And then the fucking scoochie was spazzing.
I was like, is there a coin?
And I was like, no, it's a spaces.
Jeez.
So anyway, I chimed in and I hear polymath cursing out Leonidas.
Comical.
I enjoyed it.
Is that what you're talking about?
Or what happened?
Oh, yeah, yeah, yeah.
Yo, yo, man's got deep into it.
Profits like, yo, remember when like you try to warn
everybody about certain men's are scammers it felt like the same energy but nobody was listening to
because they were too worried about who was warning who in this case on the spaces who was
warning who oh polymath was warning about the people that uh that you know like yo you know like when you have
somebody and you feel like they're your friend me and you both experienced this right and then
they're doing everything they can in the background to betray you and then like your
light-skinned washi homies like nah you got this you're gonna win it's the same shit i did not understand anything
it's all right
yo that that was real nigga coded
i got it
i caught that one
that's a new language for me
he's pretty much saying that one person
is not the other person
hey listen hold on i'm sorry
i'm sorry i'm sorry everybody talks shit about
spaces and you don't learn anything and i'll'll never tell you you're going to learn shit from this spaces. But I'll tell you what, you will learn how to speak in tongues. All right.
You will learn how to speak.
I feel closer to God already.
Through the Holy Spirit.
We're talking to the Holy Spirit.
Amen. He's risen.
Amen. Amen. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. All right. Hold on.
Listen, I'm not trying to like pitchfork. I just I'm not going to pitchfork. OK, but I can't lie.
It's fucking awesome when the drama ain't coming from this this brown skin girl over here, because I really fit the narrative. OK, I don't I don't want to fit that narrative, okay? I'm on my corporate style right now.
You know what I'm saying?
We on the corporate mode.
That's where I'm at.
I'm trying to stay civil.
Some of you sicko motherfuckers get me a little bit annoyed in these group chats, but I'm trying to stay civil.
But yeah, I can't lie.
It's funny when I see the suits going at it.
No pun intended. Will, go ahead.
Nah, I was just
watching the feed.
Things were getting kind of interesting.
And I was just kind of throwing stuff
in the chat. I'm like, hey, look at this.
Hey, look at that. I mean, I was
just asking questions. I don't know what's going
on. I just know people are fighting.
People are talking about my collection is better than your collection.
My collection is going than your collection.
My collection is going to survive the next month and a half before it goes zero. This is obvious for some.
I've seen a lot of shit.
I can't front.
I've seen some shit in this space, for sure.
A lot of you guys, yeah.
But, like, yo, you fucking flip the whole, you flip your whole Twitter.
Yo, that is diabolical.
Diabolical. Wait,di-diabolical.
Wait, who, wait.
What are we talking about? Someone crashed out?
What happened?
We got a speaking tongue, Frankie.
Can you elaborate on that?
Can you speak on that?
No, keep up!
Keep up!
I'm trying out for the next Canadian
Prime Minister
We can only talk in code
Melina what were you going to say
I was going to say some people need to hire some PR agencies
To figure out the fuck they're
Saying on Twitter spaces
We're not code switching
Everybody else is out here code switching
We're not doing that
It's funny because I got everything
I hate that fucking term And I Yo, it's funny because I got everything. Never code switching my life.
I hate that fucking term and I hate that it's been
commercialized.
I fucking saw
a TikTok of a white boy
talking about how to code switch
and I almost broke my fucking phone.
I was like, what?
Like, he wasn't being racist.
He wasn't being racist at the end of the video.
I just couldn't believe they used that language
man this is insane
he was trying to code switch to fit in at the hip hop festival
what really
what really freaked me out
was that Canada
and the people on Bitcoin
are talking about women's rights
and I was like oh my god
I didn't know this was a topic
of conversation.
Bro, the other day in the chat, the cringiest motherfuckers chime in for what?
Not for meme coins, not for fucking the content bullshit, for women's rights.
Wow.
Tell me you don't get pussy without telling me you don't get fucking...
Oh my goodness.
I don't even know what we're talking about.
I was just looking for a
We're talking about the same
suits
Luxury brand suits or what?
Yeah, yeah, yeah
And no fun fun suits
Oh my god
I know
I'm deleting the last 35 minutes
Why isn't this a video show?
This would have been so
I'm deleting the last 37 minutes
I'm so grateful you could do that with Spaces.
You could just cut it off.
It's great.
It never existed.
Yeah, but the thing is that you're doing this on fucking...
On other places.
So, like, people have probably already clipped this and everything.
So, anyway.
Fuck up, Nico!
What I was going to say is I know all the parties involved.
Like, even the ones...
Like, I've met some of the parties involved in IRL.
And, like, I've met, and there's, like, some of the people that I started, like, started beef with them, I know them as well.
I just didn't make that all that public.
But, yeah.
Oh, my God.
I hate apologizing to Nico.
My bad.
That was my fault.
I'm throwing emojis too much.
I muted you.
My fault. Go ahead. No problem. my god i hate apologizing to nico my bad that was my fault throwing emojis too much i muted you my fault go ahead no problem uh so like but even bugsy's fucking argument does kind of fall apart like i can't like with him either i argue with him all the time by the way
wait what who don't you argue with nico
okay but wait you said you know all the parties i know all the parties too
but what like your collection didn't fucking mint out move on you don't have to change your pfp you
don't gotta cry to people like you made four bitcoin shut the fuck up like i don't know like
that's it that's the story like it's so stupid i'll take four brick kerns. Well, I mean, like, that's what they mean. No, like, I just, I'm so, like, it didn't mean to get to all that.
A clean 400K on that act.
All I'm saying is they should be happy that they had the only luxury brand in the space
and nobody else had one.
All right?
That's all I'm saying.
I heard Gucci.
What NFT is this?
Is this an NFT?
I'm confused.
Yeah, I heard Gucci and fake Gucci
is being made at the same Chinese factory.
Oh, yeah, that's true.
Let's talk about luxury.
That's why we don't mess with Gucci anymore.
Yo, Will, that's why I told you I know some brands, bro.
You don't know anything about brands.
Did you guys know that there was a woman
that just happened here in new york hold on this
happened in new york here um there was a woman that was buying original bags and then returning
cheap knockoff oh yeah she got away she i don't remember what she was but uh she was doing this
over here on fucking on fifth i've. She got away. She almost got away
with like $600,000 or $700,000.
Yeah.
It was the same bags.
It's never enough.
She scaled up. She was like, you know what?
Maybe I can get away with more bags.
And yeah, she got caught at the end.
Not worth it.
Yeah, we can hear you.
Welcome back, Coach.
Oh, shit, dude. See, it is see is that hour is that fucking hour but wait let's go back to your original question prophet stone any art on bitcoin um what's
happening there is kobe a buyer is that just that's just over with now nah kobe's a buy forever
um i don't know what's going on on order knows i'm not gonna lie to you i'm just holding that's just over with now. Nah, Kobe's a buy forever.
I don't know what's going on on Ordonals.
I'm not going to lie to you. I'm just holding.
Honestly, I've been watching the buy. I just want to know about the luxury brands.
That's all I want to know about.
Same.
They're basically just regular brands with a little
more attention to detail.
You didn't get the
private DM, Will? You are one of the lucky ones
i i did and i ignored it wow that was your opportunity damn i slipped up man
slipped up you dropped you imagine trying to mint a collection with your ops and you don't
even know they're your ops that's crazy work man wait hold on our book our our poly and good things not cool anymore
that's not that's not there's no yo honestly i respect poly there's no fucking way continuing
with his mission i don't respect people that give up you know what i mean like you know imagine
taking 1.4 million dollars from people and then giving up before you even drop the token and profits is exactly what i'm talking about
you're going your 1.4 very specific number very specific number imagine that guys i took 1.4
million dollars from you and then i said i don't know what happened to that token and now i'm
telling you subscribe to me for 20 a month because I got all the alpha you need.
And I may or may not be taking pictures at the motherfucking car dealership.
But regardless of the fact,
he sounded real familiar right here.
I think I need you.
I need you to go ahead and pay for this membership.
My girl needs another fucking purse.
Were they ever associated with the red question mark? Hey, yo, see your ass in there i see your ass i want to hear about the art on bitcoin
oh man you guys just make my fucking day seriously you know what i you know what i
did tell them the profits on uh this weekend I did join a little later. Cause obviously people came after me cause I did that video.
Right.
but you know,
I told all the Bitcoin guys,
I said,
don't be mad.
Like you guys need some good marketing.
Maybe this is gonna flip the switch for y'all.
Like this was the best moment.
I think in the one year anniversary of rooms was Polly.
I'm laughing right now,
but getting so mad. was like this was the
marketing y'all needed even the wizards couldn't do what y'all did but they gave up you know like
no but to curl's point they gave up which would to me was like you you defeated your own so i'm
laughing yo that's why i still got respect for like yeah he crashed out on me a little bit because i told
him that he needs to stop focusing on broke people and go to where they fucking sell the
fucking bentleys and i was telling him like yo every time i've ever been like with like a family
member and they're doing their rich people shit and and i see the bentley there yo there's not
like yo they got a little plaque there it just says
the name of the bentley that doesn't tell you what the fuck comes with the fucking
560 000 price tag man that's the people you need to build luxury fucking ordinals too yeah that's
true you know you know the best way to do that too kiro is you go to the lamborghini dealership
you ask them to test drive the lamborghini set in it and leave the thing on there that says this lamborghini can be yours and then you go ahead and take a picture in the
lamborghini and post it on your profile it says giving away a thousand dollars to my followers
don't give away the thousand dollars just say you're going to to get interactions and then
pretend that you're that you're rolling like that that's a good way to do it i just came up with that in my head on my own yo i honestly like the other day will don't hate the other day i walked down into my garage right
and i i was just like looking at the cars that are here and then i get into this car and i'm like
i picture right and i i post it and somebody says, this guy's so broke.
And I was like, you're damn right, bro.
You don't know how expensive maintenance
is on this shit.
That's why I don't understand how people be taking pictures
of 15 different fucking cars.
Facts.
And you gotta keep that shit plugged in at all times
if you're not driving that shit.
Oh, my trickle charger is plugged in.
I learned my lesson. I couldn't go
nobody.
Keep in mind,
keep in mind,
Kiro, that it's not hard to take
pictures of 15 different cars when you go to
the dealership, test drive them, and take pictures
on them. And also when you go to
Vegas and rent them for like a week.
So then you can take
pictures of hundreds oh my god
the Vegas pictures they're coming oh my god you just gave me the visual now we don't we don't
got no emotion we don't got no emotion stop hating uh yeah yo honestly yo profits you gotta host a
roast like right before the market gets like you gotta host a roast, like, right before the market gets, like, up.
You got to host a roast and just fucking just give it to every one of us, man.
We deserve it at this point. I know you guys are waiting for that.
I know you're waiting for that.
I got you.
Don't fucking worry.
I got you.
The thing is, it's easy for me to be bitter when I'm hurt.
I'm so grateful.
I haven't been hurt by any of you Web3 fuckfaces
in two years. What's the luxury NFC we're talking about, by the way?
I'm going to beat this nigga's ass because I don't get close to any of you anymore. That's it. I don't
get close to any. You guys ruined it. So if I don't have your birth certificate, social security
number, I haven't met your mom yet, nor your kids, or two out of the four, there's no shot that I give a fuck about you enough.
Yeah.
If I don't pay you, any of those, there's no shot that I give a fuck about you enough.
For real.
And anybody out there that's been here for more than a year, two, three, you like
marketing, you like spaces, you like building, you like being whatever, a dev, I swear to God,
if you don't pay attention to what the fuck I'm saying, you will get eaten up and chewed the fuck,
like spit out and just ate up again and spit out. And then until you burn out and then just go be a
doctor or go back to being a doctor or go back to being a nurse or go back to being a fucking
reseller or whatever the fuck you do, respectfully. Because this is an amazing space as an industry,
as tech, as what it is. This fucking corner of Twitter is fucking, is hell. But there's a few
decent people and projects
and things, right? Rant over.
Go ahead, Will.
I just come here
for the luxury brands, the Lamborghini
photos, the people
that went from the fumble teeth to the mumble
rappers, like the whole nine.
That's Instagram.
That's Instagram.
But imagine not fixing your teeth imagine not taking rentals of luxury cars.
That's the most diabolical shit in this space.
My favorite are the gym bros with the muscles, you know, the gym bros.
I was explaining this to my mom, actually, because she was here for the weekend.
I was like, mom, so this space is shitty, right, mom? Because
she's like, what do you mean? You just call it out. I was like, yeah, but you can't talk about
how people look. So I gave her an example of what happened recently in a specific community that I'm
very bullish on. Hint, hint, my ape. And this individual was exposed for manipulating mints, fucked up shit, all types of things.
And a couple of individuals brought up how this person looked and the fact that his teeth look like a crackhead's teeth.
And he posts pictures regularly.
And this is the thing.
If I talk about that, what the fuck?
That's irrelevant, prophets.
All right. Let's talk about the chain. the fuck? That's irrelevant, prophets. All right,
let's talk about the chain. Now you give a fuck. Now you realize, oh fuck, I gave my money to an actual functioning crackhead. Why the fuck are we shocked, right?
And I'm actually going to the dentist tomorrow because of this
fucking reason right here. I don't do crack. However, I don't ever, ever, ever want to be
compared to you motherfuckers. Oh my God. Like, so back to the fucking point. I get it. We shouldn't
talk about how people look.
You know, a lot of people, I swear to God,
I could straight up ask a question about a company
or a project. Just a question.
Profits, they're not scammers. I didn't say they were scammers.
I'm just asking the question.
But I get it. I get it.
You know, looks can be deceiving. So let's not judge
people how they look, even if they do look like
the person on Skid Row asking
me for money every fucking day.
Do they look like your PFP?
I just wanted to let you know
that I come here for like,
just to laugh at all of you.
Melina's right, by the way.
That was like the best marketing anybody could have gotten.
What she did.
No, I'm serious.
Nobody's really all that creative.
There's some people I find very corny in this space. There are some people that I'm serious. Like, yo, because nobody's really all that, like, creative. Like, there's some people I find very corny in this space.
You know?
And then there are some people that I find funny.
Just call me out, bro.
Like, it ain't nothing.
You can't hurt him like the trenches has hurt him before.
Okay, bro.
But anyway, you know, like, let me tell you something.
One of the reasons why I haven't really been up in those spaces is because I know I'm going to end up saying something stupid that I don't want to say.
So I'm just, you know, I'm going to keep my distance from this.
Yo, Nico, DM me and I'll see it for you, brother.
I got you.
There's two ways to approach it, Nico.
Either you be very direct and straight to the point and then just drop mic
and leave.
Or you talk around the conversation.
I think it's valid that people like Nico, hold on.
I think it's valid that people like, hold on, Nico.
Let me, let me glaze you for a second.
Pause.
Okay.
Hold on.
Let me, hold on.
I think it's valid that people like Nico that have not only been around the ecosystem, but actually invested. You guys confuse being in spaces with actually putting money into projects and just trying
shit out and giving people the benefit of the doubt.
I'm not talking about you shitheads that just get on spaces and talk and don't even fucking
have currency on that damn chain.
I'm saying the people that interact and they fuck around, they put their crypto, they put
their Bitcoin there, whatever.
I think there's absolutely nothing wrong with you having a take, even if it doesn't sound super positive, because you've been actually experimenting, interacting, and you have a
right to share your opinion.
And granted, everybody does, right?
Let's be fucking real.
But you get what I'm saying.
It sounds more valid when somebody that actually experienced it and was on
the fucking chain.
Am I bugging?
I'm not saying I don't want to share my opinion.
I feel bad for
me doing it. Because I'm a bad
liar and sometimes
I am very, very direct.
Brother, the best gift you could give
any motherfucker in this space
is the truth.
People think that you've got to lie to them.
Just tell them.
Be like, I think that you're a 304.
How about that, brother?
Wait, what's a 304?
A hoe.
But there's a time and a place to tell people the truth.
Right now, it's not.
It's always the place. It's always the place.
It's always the place.
You want to be straightforward people all the time.
These aren't children.
You can do it rude or you can do it not rude.
Especially in finance.
Come on.
Nah, if I'm on some dumb shit, I expect fucking prophets to text me and be like, what's wrong with you?
And that's the thing I respect the most about her.
Because she's not going to pretend
like I'm right, or
like, oh, da-da-da. She's going to
tell me straight up, okay, you're a fucking retard,
Kuro. What are you
talking about?
I might block your number
too, but I'll unblock it later.
I'm going to tell you this right now.
Bad timing,
for sure.
Okay?
And the thing that I found really, really weird was the whole,
I didn't hear nothing about this project before,
but all of a sudden there's a non-chain monkey mint.
I think the week after, that's where I was just like,
what's going on over here?
You know?
Like, that's where I was. Did you buy going on over here you know like that's where I was did you buy anything
no he didn't
but it meant it out
it meant it out
we bought the gen bronze
the reason why you didn't hear about it
is because you weren't part of the in crowd dude
you weren't cool enough to hear about it
no no but Nico.
I know what you're saying, but they weren't actually related.
I would say the problem with a lot of these projects are that they're not businesses.
They're projects.
And two, who the fuck is advising them?
Who's telling them, yeah, this is the right time.
After the Wizards just took everyone's fucking
money go mint like i don't know i don't know it was definitely bad things they don't look at the
macroeconomics yo but those are the same those are the same people that are like you know telling
people not to like buy fucking meme coins and shit right now like they're telling them to buy
fucking nfts and shit you know i'm not they're telling them to buy fucking NFTs and shit, you know?
I'm not telling people to buy NFTs.
Proud's been asking me for, like, three months.
You buying NFTs?
I said, no.
I'm not buying any NFTs right now.
You spent all your money on US and D-Gods, dude.
I know.
I'm about to buy the whole collection, it looks like.
I think you should.
You can rebrand the whole.
Frank's gone.
You could do it, Will.
You could do it.
CTO.
Yo, bro. Maximum. Nah gone. You can do it, Will. You can do it.
Nah, nah, nah, nah, nah.
Listen, as soon as Frank steps back on this motherfucker and drops whatever he
drops, you fuckers are
FOMO-ing in.
Nah, I'm selling.
I'm gonna buy them at zero, and then I'm gonna
sell them high.
You're gonna become another community member.
It's just like selling Jordans, another community member it's just like selling jordan's
i'm not gonna lie the whole floor you're just the only dealership that has jordan's
yeah i i actually fuck with frank but i don't know i feel like i actually do kind of feel like
it's over like he's just getting too much money now and doesn't have to fucking, like, babysit and fucking, like, be a mother to, like, a bunch of grown men on the internet.
Bro, he sold the fucking basketball team.
That was the last fucking asset that that company had that was worth anything.
Wait, hold on.
Did he sell it or did Big 3 sell it and not tell the NFT holders?
I thought that's what it said.
So, like. Same shit. Who's Big 3? sell it or did big three sell it and not tell the nft holders i thought that's what it said so like same who's big three isn't it i don't think he prompted on this
sonny and somebody else that's the big three no no it's not
sunny used to be a different corporate entity yeah yeah exactly who's the main shareholders
it's apparently it used to be d god so so it's originally it was d
god holders but now big three the entity has sold the team and the holders don't have i pinned it to
the top i mean i don't know i i didn't really again 2.8 gpa i graduated with maybe i'm an idiot
but that's what that's what it says well did ever vote on this? Because you were supposed to be part shareholder, right?
I got zero votes on it.
And yeah, I'm going to ride this.
Naveen, you little fuck face.
You're just hanging out.
What's going on over there, Naveen?
Well, I'm definitely not buying the Zora token.
That's for sure.
Let's talk about that. That a boy! That a boy!
That's exactly what I actually want to fucking talk about right now.
Tell me why you're not buying the Zora.
We got airdrops.
We've been minting art on Zora for years.
We should be good, Mr. Naveen.
We're good.
I mean, yeah. If you think any token where 70% of the supply is owned by insiders is going to do good for you,
if you think that's a good investment, if you think it's going
to go up in value, if you think
that this is anything other than
like, you know, bullshit
short-term
get-rich-quick, you know,
nonsense, then yeah.
Hold on to your airdrop.
Don't talk about Bitcoin like that, man.
But Bitcoin's 90%. It's held by 10% of the't talk about Bitcoin like that, man. But Bitcoin is 90%.
It's held by 10% of the holders.
It's a little different.
All I'm doing...
Look, I'm not a very smart guy.
I just am looking at the pie chart.
It's like a pizza, guys.
It's like a pizza.
It's a pizza where 70% of the fucking pizza
is owned by 10 dudes in a room.
And like, I don't know about you, but like, that's not a great pizza.
You know, what about the community, guys?
What about the community?
That's supposed to be about the community.
It's not about suits.
It's not about Coinbase executives.
Like, what the fuck are we doing here?
Those people don't need more money.
We're onboarding retail.
Bullish supply control.
We're bringing in the masses, Levine.
The masses.
Yes, yes, yes. Okay, bring the masses
to be slaughtered.
Dude, we're a capitalist country, dude.
Glass half full. Is this
a ploy for Coinbase to
make some some
investors happy get pay them off uh number number one number two you know in your naveen high level
brain uh who in their right mind would actually put out tokenomics like this in your opinion
well i mean we we buy into them all the time. I mean, the bear chain tokenomics, the eigenlayer tokenomics, the sui tokenomics.
I mean, go look in the mirror.
You know, like all these projects are like fucked in terms of the tokenomics.
I mean, eigenlayer is down 80%.
You know, bear chain's down, what, 60, 70%.
You know, like all these tokens are basically like bullshit.
You know, like, look, back in the day um we used to have this concept of immaculate
conception coins right like everyone wanted to create coins that were like bitcoin um because
you know it's the only coin that had like immaculate conception um and we got really mad
when like project announced a dev tax that was like 10 of supply or a pre-mine of 5, 10, 15, 20% of the supply.
Now we've normalized insiders controlling 70% of the supply
and it's ridiculous.
The pendulum has swung all the way to the point
where there's a reason why these things just don't do well.
It's just like a giant circle jerk.
So you're telling me that the Sui founders own 70% of the coin?
Go look at the pie chart, brother.
You can look for yourself.
I'm going to add on to this.
Sometimes it's not always good to have the masses control the narrative.
Because that's why we have Solana and we have a bunch of Jeters in here.
Because you get all this supply given to the mass market because we trust that the community is going to build shit.
No, man.
Unfortunately, the reason bitcoin is here today
is because you got the masses not holding majority supply it's held by a good majority who understand
business and who understands how to hold their bags and not just feed it whatever
the news shifts to the the bad news you know so every company's ran this way every tokens ran
this way everything even in in anything in society is ran this way and tokens ran this way everything even in in in anything in society is
ran this way and so sometimes yes it's good that you get give this idea i i i i don't know what
you're talking about look if you want to buy your 70 percent insider controlled coins you do you
no but i'll tell you what i think i i think i i think it's bullshit i think it's bullshit i think
it defeats the whole purpose it's it's it's not the whole point of the of the space it's bullshit. I think it's bullshit. I think it defeats the whole purpose. It's not the whole point of the space.
It's not why we were all here.
When Bitcoin launched, anyone could download the software and start to mine it, brother.
They didn't need to be an insider.
Oh my god, I need $100 million of SUI coins to be a validator.
What the fuck is that?
That's literally the worst thing you have against it.
That's why Bitcoin, all that matters, bro.
I just want to state this real quick.
One mic, one mic, one mic.
It's not about the tokenomics that dictates the success of the project.
It's about the team that runs the tokenomics that determines whether or not the token is going to run.
Let me explain one thing to you.
Are we in fucking kindergarten?
Are these businesses or what?
Let me explain one thing to you okay in the case of the zora coin the vc zone
what is it 20 26 29 do you understand how venture capital works so basically so basically so well
look i'll just i'll just explain it for the rest of the people here the way it works is they have
to sell the token in order to generate a return for their investors.
They don't have a choice because that's the purpose of the investment.
That's the purpose of the venture capital fund is to generate a return for their investors.
So right now you already have an overhang of whatever it is, 26, 29, 27,
whatever the pie chart says, percent of the tokens that have to be sold.
It has nothing to do.
And then why does the team need 20% of the tokens that have to be sold. It has nothing to do. And then why does the team need
20% of the supply? I mean, that to me just means that they're not very ambitious. You know, 20%
of supply to the team. How big is the team? 30 people, 40 people. I mean, that's crazy town.
So I disagree with you. I think that the tokenomics play a crucial role in whether
these projects are successful long-term because it tells you their intentions. It tells you exactly how they think it's going to play out. The VCs have to
sell the tokens. If the team owns 20% of the supply, then what do you think they're going to
do? You think they're saints? You think they're philanthropists? You think these people are going
to hold onto the tokens for 100 years until their next generation arrives? I'm sorry. I'm sorry. If you really believe that, I think it's just a naive take.
So what coins should we be investing in, Naveen?
If all the chains are shitty, which chains are the best chains that we should be looking at?
It's not about the tokenomics. It's about the operators.
And just like you said, and my point of saying this is like,
you cannot just come in here and say black and white this.
If there's a tokenomics that 70% of holders is insider holders is going to not succeed.
Majority of tokens today that sent all the way to Binance have held by a majority of holders that insider holders.
So you cannot just say that because of this.
I can't.
Well, hey, look, man.
Hey, look, man.
I'm a cartoon PFP just like you.
I'm allowed to express my lame opinion.
Look, I got a high school diploma just like you do.
So, look, allow me to have my little moment here.
You don't have to listen to me.
I'm just a bozo.
Okay?
And I fully acknowledge that.
Listen, bud.
I'm just letting everybody know here that it's not just one track.
This doesn't work because it's this.
Okay? There's nuances.
I think you, I love how you.
Everyone else doesn't know that.
So I'm just making it clear.
I love how you glanced over the point I made about the VCs.
So what are they going to do about the 30% of tokens that have to be sold?
Stop talking, man.
What the fuck?
I'm just saying it's not a blank.
This is this and that is that.
But now that you said there's VCs that told it.
And what do you think VCs do? Then thank you for elaborating on what you just said that's all i'm trying well but
if 70 of the supply is owned by insiders what do you think those people are going to do do you
think they're going to hold the token or sell it they're going to buy. It's every token. But the only reason why it's every token
is because it's people like us
who continue to buy them and perpetuate it.
It's a choice.
You don't have to buy it.
You can say, you know what?
I reject this.
I reject these kinds of tokenomics.
I think they're predatory.
I think they're bad for the space.
And I'm not going to buy it anymore.
That's a choice we all have. But Naveen, nobody's going to do that because it's a big game of hot potato over
here and everybody's just trying to make some money. Well, Emily, but with all due respect,
if you look at the last 100 launches on Binance, 95% of them are straight down. So I think people
are making a choice. I think the market is speaking, saying, well, wait a minute here.
This is not good for everybody.
I don't, you can go look at the data for yourself.
Oh, I'm not saying that you're wrong.
So just buy Bitcoin.
I'm saying that people continue to do gambling.
Everybody's a gambler.
Like if you deny that, I think that you might go see a psychologist.
But like everybody in here gambles.
We all gamble.
I mean, we might not have a gambling addiction, but we do gamble.
I understand that.
All these coins are great.
None of them are great.
They're all hopp potatoes.
Maybe Bitcoin's the only one that's truly decentralized.
I don't know. I see that, too.
It's like Bitcoin.
Okay, let me finish my point. was but like i don't know that too it's like they used to say they used to say in bitcoin rooms
all roads lead to bitcoin and after seeing like all of this happened in the space for the past
four years that i've been witnessing it i totally agree with the maxis i mean i'm kind of going full
circle back to bitcoin now because it's like it's ridiculous over here but you know i think i think hold on hold on everybody's everybody's had a had a good part of the conversation here right
i i want to say both sides are somewhat fair but to what navin is saying he does he does have a
semi-point so if you look at 2021 metrics the way the breakdowns worked out they worked out nothing
like they did this cycle this cycle a lot of those insiders a lot of the vcs have taken a much bigger portion of the buy
they substantially increased their position sizes against the against general public like by
exponentials not not by small amounts by exponentials and have been consistently
dumping on people throughout this cycle i mean i'll give a
perfect example that just so people know you can go look at the chart tia is one of those right i
won't say suey i like suey i think suey's held up pretty well doesn't mean that won't happen
but the point being is that i think that you know to his point if you look across the board
a good chunk of them have resulted in the way that he's
speaking on zora doesn't mean zora's going to end up like that he's just saying that it you know
the likeliness percentage scenario is that it could end up like that because the way that they're
they're setting up these projects and the way that they're chunking out these pies in a way that they
don't even need to have this high of a percentage and i do agree they don't need that high of a percentage they they can they can settle with a much lower percentage and still
make out immensely on these projects it's just they're they're literally flooding these these
you know i i would say flooding crypto with a bunch of useless coins useless chains in a lot
of cases and just literally dumping on the general public and then saying, oh, but it failed. Maybe we'll run it back next cycle.
And I have seen that time and time again.
So, Will, you're saying that greed is actually taking over the space?
What a surprise.
I mean, are we surprised that that is happening?
I mean, come on.
People are just going to try to get a bigger piece of the pie every single time we go through
another cycle.
It's just going to happen because people are greedy. no this cycle this cycle was very very different if you
look at 75 or yeah if you look at the top 100 and look at this out of that i'd say 75 of them
didn't make new all-time highs from the previous cycle so like because the cycle's not over yet
yeah and then the other thing is like you don't
some of them i don't think you're gonna fucking make it let me tell you that right now you cannot
just say that and fight people's backs okay the other thing is like anybody's bad no no i'm just
i'm just saying in general i'm not saying it's like but people it's not the way you say it but
how people perceive it at the end of the day that's all i'm trying to say and the other thing
is like bitcoin you can't say bitcoin is the only thing that succeeds because bitcoin
has the longest amount of years to develop itself and to sustain itself and to get to this point
you're giving everything else barely half of that time frame in the market to say that hey it's
gonna fight because you know this and that and this and that and then like how do you know they
don't have a treasury to pump the chart? How do you know?
Yeah, but you can't compare
that to Bitcoin because it's not even set up
the same way. These coins are not set up
like Bitcoin. Come on.
I'm not necessarily saying that.
Bitcoin went all the way to $40,000
and all the way back to $5,000.
It's like saying Gala
is set up like Bitcoin.
Gala is a centralized exchange it's come on
like it's like you cannot compare apples and oranges i'm sorry i'm not i'm not saying that's
not what i'm saying i'm not comparing them to bitcoin what i'm saying is last cycle everything
made new all-time highs literally everything this cycle most of the things that were from even from 2013 and 2017, whatever came out in between that as well, that made new all time highs in 2021.
I highly doubt they're going to make new all time highs this time around.
Well, here's the thing I would tell you, Nico, and I don't disagree with you.
I think that that's a possibility, right?
There's a possibility this cycle may have topped.
There's a possibility of that.
There's always a percentage chance likeliness, right?
Doesn't mean it has to be high.
Doesn't mean it has to be low.
But I think that when you look at markets.
I'm not saying the cycle topped.
I'm saying a lot of those tokens topped.
No, that's what I'm saying.
I'm saying for altcoins.
So I'm agreeing with Naveen because all of these tokens have a lot like they sit there and they just dump like
Again it there's there's a potential for that
But I don't see a world where Bitcoin makes a higher high and all coins don't I will say that
but I do want to point out though the obvious right and I guess they the
The elephant in the room that a lot
of people don't talk about is like i would tell people like if if you have a hard time understanding
the cycle let's say the cycle did top and we end up coming back down and we end up i don't know 30k
just theoretical right not i don't think that's what's gonna happen but let's let's theoretically
say that and then all coins get absolutely demoed completely demoed. I would tell people like, you know, when I look at Ethereum,
I think about something like Tesla, right? Tesla took a multitude of years before it broke out of
its range, basically between roughly around $12 and $22. And it, I mean, like just stupid amount
of time. I think, I think it took like almost, yeah, almost a decade to get out of that range.
And so I i you know even
if this cycle doesn't end up being the cycle for ethereum it doesn't mean the next cycle can't be
right and and and so on and so forth then we we can let let's let's remove the optics of what
ethereum is right we can call it a chain whatever i wasn't even talking about a theory but let's i
said out of the top 100 you could find 75 you know yeah but i'm so i'm using ethereum as an example
against altcoins right and so let's say theoretically all coins are top like you're
saying um and maybe you're talking about there maybe you're not but it doesn't mean that they
what i would say is i would give everything until next cycle aka the next bitcoin having and if everything was cooked then
i would be completely uninterested in altcoins at that point because if you can't move in a decade
you're just cooked you're cooked and you know in that scenario i think that that's where you would
be like okay this this is where things are over but again i think like it always tends to be
towards the latter end of the decade right the the end of the decade is when things tend to move. Again, just right after 08, you had the big boom from 2010 to basically 2018. Then you had the bust, and then you basically ran it up again in 2021.
of like in that mid market we're hitting at 2024 2025 2026 and now we're kind of like in the middle
of that decade and i i do look at things in this perspective i think also you know presidential
elections lining up with halvings kind of matters too and stuff like that i think i think these
significant events affect markets to a degree but you know with tariffs it make it makes this market
very very hard to be speculative very hard to be speculative.
Very hard to be speculative.
And I understand people's perspective from it.
At first, I didn't think, I thought the tariffs would be used as a tool to kind of create, you know, some, I don't know, dissonant, some kind of issue between, or not issue, but some kind of roughing up the opponents, right?
As far as China and other countries and so on and so forth.
I thought they were going to use as a tool and not necessarily as a weapon
and they ended up being used as a weapon and that's changed the game for assets in general
and so now you have to be a little more cautious that means that you know what basically in a in
a market that is so cautious to to to naveen's, why would you ever put those kind of tokenomics out there?
Because you know that these people are scared, including investors. And investors are not going
to be non-predatory about this. They're just not. They're going to definitely be predatory about
this because they're seeing this as a shaky market and opportunity to make a little money in a market that is very hard to make money right now.
And that's why I think like to a degree, it is kind of bad. It's kind of bad that they're doing
that. Again, we live in the society we live in, but I would say optics wise, I wouldn't buy
something like that. I just wouldn't. If I got rewarded, I would sell it.
And that's what I've done with every airdrop I've gotten.
If I get an airdrop, I dump it.
Because I don't believe any of these airdrops are going to survive.
I don't think any of these VCs are here to support me.
I think everyone's trying to dump on my head.
That's just my thoughts.
I'm just throwing that out there.
I agree with you.
Yo, everybody that sat there and decided to hold their air drop for whatever reason,
like they're crying right now.
I mean, it's just.
Nah, I woke up without that money.
I went to sleep without it.
I ain't fucking bugging.
Yeah, I mean, at the end of the day, venture capital see everything as a business.
So if you're looking at it from a business standpoint, why would you ever have low equity of the business that you're you're investing in
so well that that's up that's up to the found that's up to the founders to decide
like you know how much they want to sell right like 100 if you want if you know it i mean just
because they have it in their hands doesn't mean they can sell it right away there's vesting period
well i mean you either dude just because there's a vesting period doesn't mean they're not doing
otc deals and secondary deals and all kinds of things behind the scenes the other thing
the other thing that i'll say that i think is just like that should crazy to me that we just
have accepted as like the standard way of doing business in this industry is we allow these people
to publish the tokenomics like literally days before the thing is supposed to launch right to me that's just crazy it's like
it's like oh hey i'm launching a new whatever platform or protocol or whatever the fuck and
i'm going to ask you to farm the fuck out of it but i'm not going to tell you what the pie chart
looks like until the very last minute because i know that if you actually looked at the pie chart looks like until the very last minute, because I know that if you
actually looked at the pie chart, you're going to call bullshit on me and you're going to say,
this is garbage and I should have never farmed it. Have you ever seen a bill try to get passed
in Congress? How much time did they get them to read the bill? Dude, I mean, oftentimes not even
24 hours. And that's exactly what happens in this industry. And we allow it. We allow it.
We're just kicking back going like,
oh yeah, I'm going to farm Monad.
I'm going to farm Monad.
And I don't know what the tokenomics look like.
If you ask them, they fucking blow you off
because they don't want to reveal it.
No one wants to reveal the fucking pie chart
until the very last minute.
Same goes for MegaEath.
Where's the pie chart?
No one knows where the pie chart is.
We're just going to farm it.
And I just think it's bullshit.
It's a waste of everyone's time.
And it's bullshit.
Like if these projects were honest actors, they would publish the fucking pie charts.
They would say, hey, here, guys, here's what it's going to be like.
And if you like it, cool.
If you don't like it, cool.
But they don't want to do that because they want everyone to speculate and buy into it
and believe because obviously that's in their best interest. And me that's not about someone being a high quality uh operator
that's about someone being a low integrity actor you can also argue that maybe it's to protect the
people that are actually investing in it because being transparent oftentimes is not really the
best thing sometimes it's like you know you have actors That's exactly what it's about, though, Monkey.
It's about protecting the 30% that have the coin.
If people are convicted in it, it builds community
and they can actually have high conviction.
Look at Pi Network.
I think, you know, you're really twisting and turning.
It's really interesting.
Like, first of all, these are all default surveillance chains.
Okay, there's no privacy on the chain. Why would you expect for the holders to have any privacy? Second
of all, whenever they announce the fundraising, they put out those fucking bullshit graphics
where they trot out the VC logos out on the timeline to try to convince you that it's
actually worth something. So on one hand, it's like, oh, let me use the VC names as trust and
validation factor to convince you to play it. But I'm not going to tell you how much the VCs own of
the thing. There's no one to protect here, dude. What are you talking about? Yeah, I agree with
you. I'm just saying that your statement is too boldly out there that people can take...
It's not too boldly out there and it's my statement and i fucking own it i understand and so on a recorded space regular people that don't understand they
are gonna take your uh your message and they're gonna say that about other things in in this space
and so i'm just making sure that well that the people i i i i think i think people are smart i
think people are smart i think people can hear me and say oh i i disagree with this like random
fucking cartoon character and then they can hear you and they can oh, I disagree with this random fucking cartoon character.
And then they can hear you and they can go, oh, I agree with this other random cartoon character.
And that's perfectly fine.
I think people can make their own opinions.
But I think not enough people are coming up on a stage like Prophet's stage and saying, hey, what the fuck, guys?
Show me the fucking pie charts already so I can make a decision on how I want to spend my goddamn time i put the pie chart up top i mean uh it's less than uh it's actually 54 or 56 is
actually towards the community for sui for which for which one for sui i just wanted to put that
out there it's not 70 well no you're wrong look at the 50 that's for validators oh my god that's
your only complaint about sui is the validators.
That is it.
That's it.
No, I have lots of complaints about it,
but look at the pie chart again.
It's 94% controlled by insiders, bro.
94%.
Look at the pie chart you posted.
By the way, I'm not a...
Go ahead, go ahead.
I also want to say that if like, if you look at the metrics, like in 2021, I mean, the crypto market had so much more liquidity, I mean, than now.
Like Q1 of 2025, top centralized exchanges recorded like spot trading volume of like, I don't know, trillions marking like 16% less and quarter after quarter.
So it's like, dude, we're, you know,
it's not like it was. So, I mean, I think that all of this shenanigans that Naveen is talking about,
it kind of tracks because these people are just mass extraction vehicles, these VCs and these guys,
and they're just looking for the next way to mass extract out of the smaller pie of liquidity that's here from 2021.
Go ahead.
I agree with that.
I'm just going to throw it out there.
Look, there was opportunity.
There's still some opportunity to make money here as an individual.
But you got to keep in mind that, you know, once I know it's going to piss some people out, but whatever.
I'm just going to say once Trump launched a coin, crime was legal.
Crime was legal.
And we've seen crime across the board with, I'll just say it, Coinbase, many other exchanges too.
Binance, plenty of them.
It's just been crime after crime after crime.
And a lot of these tokens, same thing, crime after crime after crime.
And they continue to put these things out there.
They continue to pay promoters to promote them. This is why i don't promote none of these people um because they want
to promote something that is going to be predatory toward the public i understand you're paying
for advertisement but you need to be a little bit transparent i think to naveen's point like
posting shit days before you know what the token office were going to be months ago you you should
have put that out there for people to be able to evaluate fud it if they want to don't fud it if
they want to let people get a good look at it i i this is why like i i i hate government because
it's the same shit it's push a bill through you got a bunch of bloat in there hide it all in the
back read the front front looks great look we're trying to improve people's lives
backs robbing 98 of people and and that's that's how the shit's played that's the same thing with
these a lot of these exchanges a lot of these coins learn from government they learn from
fucking government and they're doing the same shit here in this space government and crypto
mixing was never a good thing but will what's sad is that we were all kind of
well i don't know i came into this going oh this is like anti-government and now it's just turning
into saying bullshit because if you want more liquidity you need mass finances to come in but
you have to secure the the the liquidity that comes into this ecosystem and so you know so
honestly i feel like bitcoin became a meme coin when they did
the when they when the etfs became a thing and honestly i think that's gonna happen with
everything but i mean bitcoin was coming in to say hey they're gonna take over the dollar now
they're just a store of value for the dollar so you know they're they're using bitcoin as a reason
to be accepted in the space that's all bitcoin is for them it's a reason to be accepted in the space. That's all Bitcoin is for them.
It's a reason for exception and letting us in the space
so we can be as predator as we want with new launches and everything else.
We're going to launch a bunch of shit, has no use case.
We're going to pretend it does.
We're going to hold 30% to 50%, maybe sometimes 70%, 80%
with some back wallets where we bought on launch
before you even knew the contract was out there and then we're gonna we're gonna soak up this project as hard as we can we could soak it up we're gonna offer you staking so that way we can set up the rest of liquidity while you're locked in and then we're gonna give you back you know 100 bucks 200 bucks for every 10 to 20 10 to 100 thousand dollars you put it
emmy wrecked people.
It wrecked people.
Mass extraction.
I think lots of other coins did.
And the airdrop coins,
I said this at the beginning of the cycle.
I was like, that's not a good thing.
I know some people are okay with it
because they're making money on it.
That's fine.
Just understand a lot of money,
a lot of people are going to lose money
because there's dumb people out there
who will buy airdrop tokens.
I said one thing you never buy is an airdrop token.
Never buy an airdrop token, ever.
Yeah, but most of the people coming in don't know that.
And that's what they're banking on.
They're banking on people not knowing what we all know.
And because this is a very small group of individuals that really actually know what the hell is going on and then they just
want the masses to come in mass acceptance and then they just mass extract and it just the cycle
repeats itself it's just it's it's evil dude it's like but this is like why this is how life works
like it's all predatory it's decentralized and if you have a wild old west structure it's going to
be the wild Wild West.
It sucks, 100%. Here's the problem.
They call it a Wild Wild West structure.
They say it's a Wild Wild West structure.
But the reality is
there's people in the back pulling the strings,
which means it's not a Wild Wild West.
But even in the Wild Wild West, guys...
It's a controlled structure that they control.
But even in the Wild Wild West...
It's mass adopted. But Will, even in the wild wild west like if you look at history you know
who controlled the wild wild west people with money the big plant the big like farms and whatever
with the cows and all the rich ranchers they controlled the fucking anybody who has the bulk
amount of money is going to control anything they can. Like that's just how life works. Either be the rich or be the be farmed. That's just how it works. And it's, and it's
getting worse in the United States, you guys, it's getting, I'm touring the country right now.
And the difference between the wealth gap right now is fucking crazy. Like I, we were just started
this tour. We're two weeks in. But I can't.
It's crazy the difference between this tour and a couple years ago.
The gaps of people and what they spend and all this sort of stuff.
It's really very fucking crazy.
It's because the economy is not incentivizing people to spend. It's a very unincentivizing economy at the moment.
So obviously tariffs, one thing, high rates are another.
You know, people aren't borrowing money.
That's another thing.
And then you're continuing to see deterioration of people's wages
on top of it through the price increases.
And I think, like, if you take a look at overall,
like I was watching a video yesterday and they were saying that what was it i think 80k to 100k is considered uh like middle real middle class
and i would say real middle class is probably 200 to 250k in my opinion but that's just my
perspective on it well doesn't middle class mean you can own a house you can't own a house on edk
you can't do it you cannot like let's be real you just can't own a house on ADK. You can't do it. Like, let's be real. You just
can't get a mortgage on ADK. And also now they're trying to do stuff to incentivize women to have
kids. And like, I saw this post on Instagram and it's like all about Trump incentivizing people
to have babies. And I, and I commented on the post and I was like, how about you guys incentivize us
by fixing the economy so we can actually afford a house so we can have a kid live in a fucking house?
It's ridiculous, the priorities. It's fucking ridiculous.
Excuse my line.
Yeah, a lot of people don't realize you got to improve people's personal circumstances to incentivize them to do anything.
You can't incentivize people to want to go get a degree if they don't think they can get a house with that degree.
You can't incentivize people to want to go get a degree if they don't think they can get a house with that degree.
Right. You can't you can't incentivize people to have kids or have a family if they think they're barely going to be able to survive on their own.
And these are the problems right now with the economy is the economy is not incentivizing that prices are too high and stuff like that.
And, you know, it is what is. I don't want to be up here complaining on stage about a lot of stuff.
We just got to figure out how we can fix it or improve our own lives if you got to work two or three jobs right now this
is just what you got to do yeah and i think some people are in that situation supporting a lot of
the importing and and supporting things that are lowering the cost of production it's one of the
biggest reasons why the country is where it's at today because you eliminate the middle class by
doing that you have high consumerism and low production here. And so that's, that's also the other thing. The other thing also, it's like education, right? It's not, it's a country
of entrepreneurship and not a country of, of, of builders. And so like in Silicon Valley,
you can think about it this way. It's like, you know, engineers have their degrees and people
come in here from another country, have their degrees, their master's degrees, and they get
compensated for that. And they make an average of $180,000 to $250,000 a year, and they can buy a starter home at
$2 million.
That's your middle class.
And it's just unfortunate that this is what it is.
But it also is like there's a lot of educated people that come into this country and actually
they come from nothing.
They were from India and Asiaia and they come in here they work a
regular job in in you know in in tech and they're able with their stock options and their cash that
they're getting paid they're able to afford houses so yeah but the people are making substantially
more than yes but then that's the education right like education depending on what you're studying
here's the thing if you look at if you look at fields of work, right?
And I'm not talking about the top end of your field.
I'm talking about the average end of your field.
Like even doctors, engineers make on average, right?
On average, an electrical engineer makes 120 to 280.
But that 280 is like the high end, right?
You're starting out probably somewhere around like 90 as an entry,
sitting there for like five years to get to 120.
You have to get to like a decade before you'll get to like 160.
And a lot of people, they're looking at that and they're like,
why the fuck do I want to be an electrical engineer?
So then this incentivizes people from wanting to be electrical engineer.
And they're doing that across the board with a lot of engineering jobs.
And the only jobs that you are talking on specifically that make that much money
are software yeah but software engineers make a lot of money because they have that's it they
have there's nobody else that makes that kind of money but software engineers make a lot of money
not just because their cash their payout of cash is high it's more of like they have stocks at the
company they get stock in yeah so everyone else doesn't have of like they have stocks at the company they get stock yeah so
everyone else doesn't have that so they have money that they make they have to invest it otherwise
you know but not everybody wants to be a software yeah but i mean just saying like it can be anybody
and invest in other things there's a lot of people that's made it just by just by investing whatever
they have and and investing in somewhere else and gaining that same kind of metrics.
You need a certain income to be able to invest, though.
Yeah, I was just about to say, if you're doing hand-to-mouth, how do you even have the income
to invest?
And besides that, most of the people that earn that sort of money, blue collar or something
like that, those people probably don't have the financial literacy.
I mean, let's look at our financial literacy in this country.
I mean, we're still we're still told that banks are a good thing.
Like they're not.
They repurpose your money and they don't even let you extract your money from the bank if you want to get it out that day.
It's ridiculous.
They literally hold your cash for hostage and they make money off of it while
you're sweating. So it's like, it's like, that is our financial literacy. We are taught in college
to go into debt. We are taught to have debt so we can have a high credit score so we can afford a
house, which we can never afford anyway, because we don't get paid enough money. It's a circle
jerk of bullshit. I would, I would say this. I worked in a bank for a very long time, a period
of time in my life. And you can't withdraw your money money it's just in a cashier's check not in a cash because
they don't store it in the in the vault because they get robbed it's liquidity so you have to
take that cashier's check you got to take it to another fucking bank yeah it clears right away
though but it saves you and guys guys i just want to say that i i got it i got a solution for
you just just everyone should just buy tokens where the insiders control 70 of the supply
and then they're gonna be great look i even made some chat gbt art okay and i pinned it
okay i i'm just trying you know i'm just trying to give you what's the ticker
i'd rather buy a token on PumpFun than what you just said.
The tokens are actually better
most of the time.
But don't you believe in the operator?
Look at the operator in my picture, okay?
Look at the operator in my picture.
He's a good quality operator, okay?
He looks trustworthy.
Why don't you tokenize this on Zora?
You'll get some of the edge.
Oh my god, brilliant.
Someone else can do that. I'm get some of the edge. Oh my god, brilliant. Someone else
can do that. I'm not going to do that.
I don't know how we can tokenize the content.
It's actually
really easy. Download the app.
It's like, look, I'm not totally
against it. It's called coining it,
Nico. It's called coining it.
Whatever. I'm not totally
against it if it has
a meaning to it, but yeah, it's called whatever whatever i'm not totally against it if it has like a like a meaning to it
but like yeah it's just yeah is he gone all right um anyways not just playing me no no but uh i
didn't meet the space by the way that was breakfast breakfast. But the, no, I think that the,
the coin in it thing is,
is interesting.
I think it's like,
again,
just a double extraction,
but yeah,
I completely agree.
Emily.
I think like when you look at,
you look across,
like I would urge people to go look at salaries and wages right now.
Like they're,
they're pretty wild,
man.
Like average salary wage across the board is about a hundred K to 150 K.
And I would say that like that
is barely scraping teeth in a lot of cases for a lot of families because usually one one person
in the family is making that much the other one's not and so that it makes it really difficult for
a lot of families to be able to kind of actually make it quote unquote in the current economy
did you want to say something
Is that why you made us miss or are we good
Maybe she's afk
Wait why do you have the muted
I didn't you muted it
Did I
I'm trying to figure out
I'm trying to
Figure out what compression socks
to buy for this Dubai flight
forgive me
don't be buying no compression socks
just have to squat it out
profits
she knows what's important
she's like that blood circulation
I got you
just follow those gym bros on Instagram
I need some compression socks
just get up go in the bathroom
everyone so I'll do some squats and then go back
to your seat
you're good to go and stretch your hamstrings
honestly on that
facts
tell one of these companies to bid your ticket up
don't listen to these guys
most of these people got budgets
to go take private jet with six people that don't have nothing to do with their business they can
oh no we're on emirates baby but i'm just saying i'm just okay okay that's what i'm talking about
so you got room to stretch it what are you just want to make sure that it's an even better flight
i'm literally on youtube uh putting what is it what putting what is a premium
economy?
Forget the compression socks.
All the shit we do is illegal.
We're going to have to start
looking at what the laws are over there.
No, everything's legal now.
Crime is legal.
Across the board.
In Dubai?
This girl's trying to
fear monger she's like yo if for any reason they want to check your blood you know we got we they
can see weed in your bloodstream marijuana here but they can lock you up even if you're not smoking
there and i was like wait how that how that works if you get caught smoking they ain't gonna lock
you up for obviously all of crypto twitter is gonna be in jail honestly i
don't think they understand especially the older people in congress what the crypto is they're
probably like yo if anybody's putting their entire net worth into a fucking frog token or whatever
the fuck else a little dog or then there's the dick butt token. Like, yo, come on. Let's be serious here. Okay?
Like, who the fuck is going to put their... They could be flipping their money, man.
I don't even think they know.
I don't even think they know what the fuck's going on.
To be honest with you.
I just think they look at it as like...
It is what it is.
They're looking at it as...
I'm selling you some bullshit and that's about it.
It's financial literacy, right?
At the end of the day, you can look at it the end of the day you can look at it as a flip
Or you can look at it as a buy and hold
But you should figure out what your intentions are
When you come in here and you gotta figure out
What you're invested in
Yo bro you sound like a deep state fucking insider right now
Bro I'm tired of this shit
Bro I'm just sensible
Okay
Hero he survived books and bark and all of them
Be nice to him Oh he's a survivor he's a survivor he's at the dog
pound but you're you're a custodian of your own finances be responsible or else just fucking go
to the bank right if you're gonna be so reckless about it man what the fuck and sick and tired of
people coming into this space complaining man it's
not anybody's fault it's your fault for coming in here and not knowing what you're doing now
everybody comes here looking for a savior the thing is is what you got proof of work
to access said token right so yeah that's a great idea and it makes things more even
and righteous as far as I'm concerned.
And when you have an ICO, all of them are going to be given out
