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🌶️Web3 Exposed 🧼🎙️🔋: @ToshiBet
Recorded: July 29, 2025 Duration: 2:01:51Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored various topics including upcoming project launches, fundraising initiatives, and the impact of Fed policies on market growth. The conversation also touched on the challenges facing NFT projects and the importance of partnerships in driving innovation within the crypto space.
Full Transcription
I'm a girl Go hard, oh, brahma, go. I ain't been there with no tone.
Goodbye.
Come on, cause I'ma go hard.
Go hard, oh, brahma, go.
I ain't been there with no tone.
Goodbye. Oh I'm a little bit more than a minute. Whoa. Whoa. Whoa.
Whoa.
Whoa.
What you call an icon living?
Started record label, Miss Bitch just did it.
Whoa.
Nylon cover five minutes.
Whoa.
We are too hot in the business.
Whoa.
About to make a movie independent.
Whoa.
Need new trucks independent.
Whoa.
I need you to listen to the vision.
Whoa.
All your verses cut like they're the dishes.
Whoa.
I'm about to clean them in the kitchen.
Whoa. And we making money to the vision. I need you to listen to the vision. All your vests are set like dirty dishes.
I'm about to clean them in the kitchen.
And we making money by the minute.
I'm about to do a way different.
I am just an icon living.
I am just an icon living. I- record label, Miss Fitz just did it.
Whoa, I'm high style for five minutes.
Whoa, we are so hot in the business.
Last verse was before the award show.
Icon tatted on my torso.
Me and Moy dipping in the torso.
I ain't even taking on torso
Uh, damn
Last girl signed a divorce, oh what
Now I'm focusing, we about to all blow up
We just tryna make the whole crowd go nuts
What?
What?
Kuro, what's up? Kuro, what up?
I need a co-host, what's up?
What's the vibes?
What's the vibes?
We don't know no one like you Go Grills and you dance like Michael No eyes, misfits, no typos What's up? What's the dipping in the torso, what? I ain't even taking on torso, what?
Your titties fire, I'm more so, what?
Young Jaden dying on the floor, so what?
She broke my heart to the core.
You guys hear about that project, that rug?
Which one's that?
Which one?
What?
Does my hair look beautiful?
My titties look right?
Think I can knock the boy off right now?
All the girls that's here for the truth, come put both hands on a DJ booth, then wind your
waist to the big man's down.
And I hit two sticks for the things too round.
Good God.
Made me lip up your gown, but your face so sweet.
Wanna spin you around.
If I go licking, I'll bring you around.
If I go to the bar, I'll bring you around.
Which one?
Which one?
Which one?
You're not allowed to tinge you around.
You're a real good girl, so I'm ringing you down.
But come to the bed, I'll fling you around.
These guys can't make songs for the girl.
Them trust me.
Some of y'all girlfriends.
Some of y'all girlfriends are easy to swing around.
This is all the singles to town.
So anyone that's bringing you down, sweetheart, you're doing your thing right now.
Goodbye.
This is probably why I have a problem dating right now.
Like, it's crazy.
Like, I don't have a problem. Like, it's crazy. Like, I don't have a problem.
Like, it's easy.
But I don't want to date.
You guys are fucked up right now.
How the fuck are you in a relationship in 2025 and you haven't known that person longer than a year?
How is it going for you?
going for you are you okay and when you always want a real good you then you want to send to
Are you okay?
your ex which one your own friends are successful yo like comment repost we popping off right now
we are popping off we are popping off nothing better than the og nothing better than the actual
thing the derivative thing will never work the The copycat will never work. You see Captain Crunch
and then you see Fappin' Frunch?
That shit tastes different for a reason. You gotta
tap in with the OG. You gotta
tap in with the real. Let's go.
Tag your BZ username below
so you can qualify for this
Solana giveaway. I'm giving away
hard, cold, Solana!
And all you have to do is like, comment,
repost, and create a BZ account.
Use the link in my bio. Very easy to follow directions.
Let's go!
This is the best time to get on stage
You need a forearm, you need more followers
This is the best time, right now
It's the best time
Your body is T
Ooooooh, it's pain, I'm sprung Your body is T.
Ooh, it's pain.
I'm sprung.
Y'all don't want me to be a rapper.
Oh, you're going to hate me even more.
Oh, my God.
Y'all been made to push y'all up or something, man.
Half the battle is having a good voice.
That's it.
That's it. We used to be something ill, you know what I mean?
That shit is woke.
That's it.
Anything ill you see is woke.
Nigga have a big six at the club.
That's woke.
Okay?
Especially we got the fully equipped kid on it.
That's woke.
You know what I mean?
Like yo.
I had the bad bitch and pants people told that.
Had me fucked up in the head. You know what's crazy?
That I'm gonna play music that
you guys probably haven't heard of. There's a lot of young bucks
in this motherfucker, but this right here
when you broke, busted, and disgusted
in a dorm room, 21 years old
eating ramen noodle every
fucking day because there's no such thing as
crypto Twitter yet, you
grind. You grind your
motherfucking ass off, baby. That's what the fuck you yet? You grind. You grind your motherfucking ass off, baby.
That's what the fuck you do.
You grind.
And you listen to Young Jeezy.
And you listen to Young Jeezy.
Whoa you gotta put on as many people as possible you're putting on too many motherfuckers, bro
It was possible you're putting on too many motherfuckers, bro
Put them all on like Pokemon
Five-figure-e Five figure E Shout out to the two other listeners
Tell your girlfriend to stop texting me
And text your parents that you love them
That is all
Welcome to the show Welcome to the show!
Welcome to the show!
Oh, oh, oh, oh, oh, oh, oh, oh.
You guys go.
You gotta go.
You're around.
You should clown.
You should...
Hey!
Hey!
That we know!
Welcome, welcome.
7.56 p.m. Eastern. We're live! We're live! We're live! Beautiful day outside. I hope it is for you too.
Um, hmm, what is it? Tuesday, 7.29. July 29, 2025. We have less than fucking six months. Basically at five months until 2026, I really
hope you are not twiddling your fucking thumbs and still complaining and bitching and moaning
about the things you were bitching and moaning about 365 days ago. I genuinely hope that is not
the case. I actually hope the opposite. I hope you're thriving. I hope everything you learned a year ago, you have been applying in the last five months. You have been
doubling down on your strengths. I genuinely pray and hope that for you.
I can't believe I come into this app every day. But then again, I do. I do. I'm not one of those people that hate what they do,
you know? That's not the vibe. That's not the vibe. I love what I do. The thing is,
it's around the motherfuckers that do it. I have to talk about this. I'm really excited because
Will's going to be here in a few. We got my boy Frankie on stage to drop some macro bombs. I got
some special guests coming. We have Kuro filling in as a guest co-host.
Let's see how he does.
Let's see if he's allowed back to the show.
He's made all his rounds.
I'm kind of sick of him acting like a hoe out here.
So we got to see how he does today.
But, dude, last night I saw an exposed video.
Brought to you by exposed media.
It was fucking insane.
It was by Bloomberg.
It was by Bloomberg.
Actually, before I continue on.
Yeah, chopping it up again.
First of all, thank you guys for being here.
Every single day, this wild ass fucking
corner of Twitter, there's so many different things that you could be doing. And you guys
tune in and you guys decide to pull up here and it just means the world to me. So thank you.
First of all, if you haven't liked, commented, or reposted already, I might curse you out on
your DMs in a few minutes, but regardless of the fact, if you could do that, that'd be amazing.
That'd just mean the fucking world to me. Elon DM DM me a couple of times and told me, listen, you need to be thrown in
the algorithm. You need to tell these motherfuckers to like, I'm going to repost a little bit more.
That's all you got to do. So here I am doing it. Um, and I, I, I'm just super fucking hyped to be
back. I'm hyped to be back live. I'm hyped to be talking my shit again. Um, and more importantly,
I'm like, I'm really excited to just talk about all the super relevant things that are going on.
And yeah, a little bit of irrelevant yaponomics.
But definitely excited to just be here in general, right?
This show, this segment is sponsored by Toshi Bet.
Make sure if you are gambling on Toshi, you're doing it responsibly.
You're doing it in, you know, consult your financial advisor if you need to. Don't ask
me questions. I'm not a pro grambler. However, if you do want to go fuck around and find out,
definitely use my code profits for some really good bonuses. And if you send me a DM showing me
proof that you signed up, I may or may not have a treat for you. You guys know I'm plugged in
everywhere and I love sharing my gifts. So just want to throw that out there.
But anyway, I saw this video last night on YouTube and it was basically an expose of I am Academy.
I am Academy is a multi-level marketing company that came out in like 2015. And we'll 14 actually.
And fast forward to now, you probably have a fuck face on every one of your followers
on Instagram trying to sell you a Forex course. And it's because they bred from there, right?
Most of them don't know how to trade, never learn how to trade. And this is actually why
I left MLM overall in general years, years ago. I was actually one of those people that were
really good at community building, selling,, using the product and all that. And we all have mixed emotions,
and I'm not here to go into the semantics and all that. MLM is MLM. I don't hate it. However,
I don't recommend it unless you're like, you know, selling an actual real product like insurance or
like life insurance, like something like wgf or whatever that shit
is a world finance wfg anyway the point is this fucking video blew my mind and i kind of already
knew all the things that were going on so i already knew what to expect but it just brought
me to this fucking very point of this whole little rant right now and that's where we are right now
web3 in crypto there's gonna be a time years from now.
It's already happening.
I think the Balloonsville rugger got arrested today.
Like today.
Like he's in jail today.
He got sentenced today rather.
He got sentenced today.
It's been fucking four years.
Like I remember minting that.
I remember the whole situation like it was yesterday.
Will, bring your ass up here.
So anyway, I saw the video and I just couldn't help but think
that's going to happen here. It's already happening where we're going to see these
people that once had a platform or whatever it is, a project get arrested. And yeah, like I know
something's just annoying or whatever it is, but this should just tell you that no matter what,
you should just focus on what you like and what you enjoy and
what you're good at. That's it. Like that I enjoy. I genuinely enjoy learning new things about
marketing and social media. I love watching trends. I just, I, that's what I enjoy. So then I'll do
something similar and then put it out. Like I enjoy shit talking on spaces, right?
I enjoy whatever. My point is, is that is what is going to make you rich. Like focusing on what
you are good at and what you enjoy, like more than, don't get me wrong, call out the bullshit.
Like I'm always going to call out the bullshit because i love our industry so like
if same thing is in there's collectors like i see a collector this fucking dude got exposed after
years of he was selling fake autographed uh collectibles like you know like i you know it's
that's fucked up but like you know it's there's some people like oh you're virtual signaling like
why are you why do you talk about calling people out?
And then you're saying, like, no, I'm not saying don't be yourself and don't call out things when you see.
Call out right from fucking wrong.
Do that.
But like, man, I just, I don't know if it's sent from this.
Like, I got like 10 DMs in the last month.
I didn't check my DMs until recently from the whole like month and a half.
And it's like, yo, I hit a standstill.
Or like, what should I do? You know, or like, I need or like i need a job and i'm like what like i get it crypto is actually the slowest in
the summer granted all business is the slowest in the summer for everybody like it's just how it is
people are fucking traveling digging around like it is what it is this is actually where you as a
founder a builder or anything uh you know especially if you're not where you want to fucking be at, you should be tripling down right now on your shit, right?
Because this is when motherfuckers are asleep.
This is when people are slacking.
time and the opportunity that you're going to look back on and you're going to be mad
at yourself if you're just wasting your time, twiddling your fingers, scrolling and just
letting this whole shit just consume you.
A lot of you don't.
A lot of you don't.
But I'm just saying for those that do, like seriously.
I do like want to talk about whatever, you know, memes and things that are good to talk
about and, you know, get into. that are good to talk about and, and, and, you know,
get into. I've some of you guys kind of been posting. I made the, uh, community, uh, group
on here on Twitter. A couple of you guys commented. I want to hear about it. I don't want to hear some
bullshit though. I need some real lick plays. I need to see some liquidity in some of these
motherfucking things. Um, well, I, I don't know if I want to live stream today. I don't know if
they deserve my beautiful face. Uh, if you have the chart up though, you can definitely put it up there.
Will, how are you feeling today? What's going on? Happy Tuesday.
I'm good. I just don't
I'm not posting screenshots.
The chart's fine. screenshots uh the the charts fine i mean as far as crypto goes and uh i think people are overreacting because they're fully exposed to coins at the moment so the timeline's like melting
down is in its mind because they have nothing but coins in their portfolio and they don't
understand what volatility is and that it's much worse on something that doesn't even have a real use
case.
you know,
it is what it is.
I mean,
it's really hard for me to believe people have,
people have,
like no real exposure to Bitcoin here.
It's not hard.
It's not,
it's not when we see the,
the energy though.
I get it.
It's just fucking wild.
No, I, I think, uh, it's not when we see the energy, though. I get it. It's just fucking wild. No, I think it's not just Bitcoin.
People don't have exposure to anything except mean coins in some cases.
So in that scenario, of course, you're going to be dealing with a lot of volatility.
You don't have stocks.
You don't have anything with fundamental value.
You don't have Bitcoin.
You don't have Ethereum.
You don't have anything.
You're just running off all memes.
Volatility is going to be wild on something like that.
Market's not yet ready to move,
but I think tomorrow is going to be pretty interesting with the Fed.
I think it's going to be an alley-oop situation.
I posted on it this morning kind of my thoughts,
basically talking about tomorrow probably be a setup for September.
basically talking about tomorrow will probably be a setup for September.
And that's ideally what I think is going to happen going into the year.
Likely we're getting cuts this year.
Again, I think one of my followers brought it up,
and I think he has a good point too,
is that visit to Powell that Trump did probably isn't ideally just a visit to Powell, right?
It's probably something where he met with him, maybe made a deal with him on something or other
and set up something where he could start getting cuts going, maybe had a conversation with him.
I really think that going into the end of the year, looking at everything where it's at,
it's not just that too, right?
If we look at inflation, inflation is pretty much, you pretty much on target. They could easily cut from here.
And I think that that's what this next meeting is going to kind of set up. They're just going to
probably talk about it a little bit, insinuate it, but not really say it. And then the market
will sniff it out. And I believe that the market will start moving ahead of cuts. It's just, you know, how does the market react after?
How much does he cut?
Is he going to do fast cuts, big cuts, little cuts?
Like, that's kind of the scenario that you got to kind of think about moving into the next meeting.
I'm actually excited to hear what Frankie is going to say in a little bit,
because I already ran him from earlier information.
Before I go to Frankie,
just want to remind everybody that Stockholm Syndrome is a real thing.
My boy Kiro here actually just recovered from it.
So we'll start having to give him a round of applause.
He's like, I don't know why I took a host today.
I'm not signing up for this.
I'm just kidding.
Nah, you're all good. What do you mean?
You can offend me. I like
you. You can't offend me.
What are you going to do
to offend me?
Anyway,
there is
no rate cuts tomorrow.
Right, Frankie?
You can jump in.
Go ahead.
Yo, yeah.
Unfortunately, yeah, probably no rate cuts tomorrow.
I mean, not the end of the world, honestly.
Like, you know, the market doesn't revolve around rate cuts.
Powell, you know, they've signaled pretty consistently that they need to see data from the summer months before they can make a decision either way on cuts.
We're waiting for June, July, August data, and that puts us perfectly in line with September.
But again, you know, whether or not Powell cuts, whether or not Powell cuts, you know, in September or not,
the market is already looking ahead to, you know, Trump's next appointee. And I'll share this chart. I'll pin it up to the top.
And it just shows evolving Fed rate expectations as priced by December 25 and December 26.
And you can see Powell Fed, we're looking at about 3.9 percent. That's about right where we are.
But the new Fed is already expecting 60 basis points of cuts by, you know, by about next
year. Because when Trump appoints a new Fed chair, you know, you have to imagine he's going to appoint
a, you know, what Darius Dale refers to as a pandering sycophant, which is essentially someone
who's going to just do whatever he wants. And that'll be, you know, that'll be probably the
end of Fed independence, or at least definitely a nominal change to Fed independence here in the States, which I think really just makes the investment case for Bitcoin all the stronger.
Because you want to get out of that then, right?
You want to get out of dollars.
You want to get out of the existing financial system and into something that can't get debased at the whim of essentially one person, right?
So, but again, I think price cuts in September.
If I, if I had to guess, like if I had to make a prediction, I would say that tomorrow we will see
a dovish Powell. Um, he comes out, he gets a little dovish. Maybe that's his concession to
Trump. Cause again, you know, he's done a good job of ignoring the pressure, but he's only human.
Right. So eventually it gets to you. So, you know, maybe a little bit of dovishness tomorrow, like this, you know,
kind of guiding markets, you know, forward guidance that we're going to cut in September,
as long as we don't see any insane inflation data, which we likely won't, you know what I mean? I
mean, I think there's volumes of academic literature that tells us that, you know,
tariffs are a one-time price increase. It does not contribute durably to inflation.
And so, yes, we have seen that come through in the data,
but it's not going to be anything crazy.
And now, you know, we have trade deals with EU and Japan for 15%. And it's looking like, you know, it's, I think we're starting to realize that,
you know, the insane numbers that we saw on Liberation Day
were just Trump's method of deal-making.
You have to say, man, say what you want about the art of the deal, but it kind of worked.
He absolutely fleeced Japan and the European Union.
Granted, neither have been signed into law or whatever they do over there in Europe.
I'm not sure. I know it has to go through several votes and several bodies of whatever it is they do over there to get really
put into effect. But I mean, the president of the EU went live in front of the world and said,
yeah, we're going to make these concessions. So the most important thing out of those deals,
I think, really, is all the CapEx that we're getting. So essentially, all the money that
these countries have agreed to invest in the United States. You know, that's really bullish for our economy.
That's going to contribute to GDP.
And that's in line with Trump's plan to grow our way out of the debt.
You know, Trump got elected and said, you know,
we have to cut our way out of the deficit.
You know, we have a deficit.
We need to cut our way out to get a balanced budget.
And now, you know, that didn't work.
And so now what they're saying is we're going to grow our way out,
which eventually will fail as well. And eventually they'll have to just print their way out. Right.
But, you know, for the, for the coming, for the coming years, I think really we're going to be in
this, you know, very pro growth, pro markets economy where their, their primary goal is to,
is to grow the economy as much as they can. And so these, you know, these hundreds of billions
of dollars in, in, uh, in commitments from other countries to invest in the U.S. is a big part of that, you know, along with
deregulation and tax cuts to really get things rocking. So steered a little bit away from the
Fed meeting, I realize. But, you know, those are all, you know, important things to look forward
to. But yeah, so I think Powell will come out dovish.
I think he'll come out and kind of give dovish forward guidance.
Markets will maybe price that in over the coming weeks.
And then in September, you know, we get a 25 basis point cut. So I think, you know, that's my prediction thus far.
I think it'll be good.
I think it's good.
And that's what markets want.
I mean, markets want stability.
Markets want calm and clarity more than anything. Appointing a new Fed chair,
firing Powell, appointing a new Fed chair ahead of time to create like a shadow Fed.
These things are not bullish. These are not bullish things. These are confusing and hectic for markets. And it's not ideal. So so we just want to go we want to go calm and steady slow and steady towards towards rate cuts and uh i think the markets will digest
that you know favorably before we go back to will um quick quick reminder for anybody if you haven't
played this song you know for your significant other i highly suggest that you do it asap
you know, for your significant other,
I highly suggest that you do it ASAP.
That's all I'm saying.
Just play one time with that.
Yo, babe, come here.
Babe.
Babe.
I'm at it.
That's all.
That's all I wanted to do.
Just quick advice.
You probably didn't get her flowers this week.
At least do something like that.
Will, go ahead.
No, I was willing to to agree i'm glad that
he kind of covered too like you know you can't really grow your way out you can't like everything
has to be slow and steady to a degree like his whole thought process is you know one way didn't
work so i'll try another way and we'll try another way and really it's going to just cause an
implosion i i think at the end of the day a lot lot of, a lot of, you know, Trump's MO is to try
and keep the economy flowing in a good direction while he's in office. And then if it implodes
after he can blame it on somebody else. Um, and really, I mean, it's not just him. A lot of
presidents do that shit. Like it's, it's very atypical. They want to seem like the president
every time they're, they're in that position. Um, and, And a lot of people don't really understand it either, right?
It's a really deeper conversation,
but he's trying to speed things along too quickly.
And I think if the Fed, you know, the new Fed chair,
when we get the, my only issue is,
I really think that if they start just like stripping rates down too quickly,
the market's going to see that as very bearish
and react actually in the opposite way
than what a lot of people think it will.
I think these initial cuts will actually be bullish,
but I think like as we move forward,
if they start to be too aggressive with it,
the market will kind of sniff that out
and back off really quick.
And you'll see a big drawdown if that ends up happening.
You'll get like a COVID-like type move.
So it's going to be kind of a weird situation
moving this next year.
I think people need to play with caution.
But I think for now,
you can kind of play the upside of the initial cuts.
A lot of people are going to play that bullish,
at least for now.
And the drawdown, I think, too,
the other thing is the drawdown, I think,
with going into the FOMC is actually a good thing
because I saw a lot of
drawdown across the board and it's likely going to result in some kind of push after the fed starts
talking and everything and then we're going to see a push we'll probably see a little bit of
volatility and then we'll see the market start to spring off of that um so you know you just have
the question sometimes is the spring a trap or or is it an actual move that's going to move the market, you know,
over a long period of time? And when I say trap, a trap doesn't mean like a few hours or a few days or a few weeks. It could be a few months. It could be a few quarters. So it just depends on how the
market wants to kind of move on the overall news. I don't know, man. Like I think putting somebody
in office in the Fed chair position, my own personal opinion, that you know is going to be somebody who's going to, you know, yes, ma'am, anytime you say something, anytime Trump says something, I think that's not a good thing.
And I don't think markets will like that, honestly.
No, it's not going to be great.
I totally agree.
And yeah, totally.
Like, he's just trying to get this going.
And like, his goal is to just trying to get this going. And his goal is to
just rally shit into midterms. And the big, beautiful bill is good for that in the short
term. But on the back end of it, there's going to be consequences. But who fucking cares?
This is a second term. He's not getting reelected again after this. Maybe.
elected again after this um you know maybe right um but uh and then you know he just either the
goal of trump is to get is to get republican control of congress for two more years so that
he can do whatever it is he wants to do and that's the goal that's what the big beautiful bill is all
about yeah and and this and this this rally you know if he can get this rally going right into
midterms he'll likely take senate and house and what will end up happening is he can get this rally going right into midterms, he'll likely take Senate and House.
And what will end up happening is he'll get everything through
that he wants to get through, right?
And like you said, that is his goal, right?
His goal is to achieve what he came there to achieve,
and he'll likely get it through.
You know, some of it good, some of it bad for people, obviously.
But I think ultimately it's a tricky situation.
Like, do we let the markets just collapse after midterms, though?
That's kind of the question that I'm kind of wondering.
That's what I'm thinking, too, man.
Because, like, yeah, I'm thinking that, like, you know, if we do get an Uber Dove appointed as Fed Chair, like, and they start slashing rate cuts, maybe that's maybe that signals the top.
You know, maybe that's maybe that's the start of the next bear.
Because I think we run hot into 2026.
I think the cycle's been pushed out.
I think it's been elongated, either because of all the COVID printing
that required a higher-for-longer Fed policy,
or it's because, and this is what some people were saying,
and the kitchen sink theory is that Trump got into office and intentionally kitchen sink the economy to to create a lower comparative base to rally markets into midterms.
You know, and maybe that maybe that was the plan.
And then we just, you know, we run hot a little bit longer than we usually do.
And then, you know, the Fed fed comes in starts slashing rates aggressively
and then the market just nukes or i don't know that that's that's what i know that's really what
i'm thinking frankie i'm really thinking the fed's gonna come in and move too quickly and the market's
gonna get absolutely slaughtered from it i mean the thing with crypto is it's so easy you could
just call it the four-year cycle at the end of the day but for some reason within that four-year cycle it always always they find a way to nuke the market
at some point and it just seems like it's lining up perfectly with this whole with this whole swap
out with the food yeah i agree frankie you a big nft guy I'm not, to be honest.
I do own one NFT.
So you're not?
You're not an NFT guy?
No worries.
Any reason why?
Did you miss the run?
Are you just not a poverty picture supporter?
Like, what is it?
No, I don't know.
I'm just not super tapped into it.
You know what I mean?
Like, it's just not.
I don't have the ability.
What's that? Yeah, Kuro coined that. I don't have the ability. What's that?
Yeah, Kuro coin that.
He said poverty picture supporters.
Kuro coin that one.
Kuro coin that one.
I just don't have the ability to, like, look at something and be like, this is going to do well.
You know what I mean?
The same thing with meme coins.
I was never good at, like, calling meme coins.
I never really bought any, to be honest with you.
But, you know, people, like, can look at that and be like, this shit's going to cook.
Like, I look at this shit and I'm like, I could not fucking.
You just borrowed conviction, conviction Frankie from KOL's
No, right? No, you just borrow conviction from somebody with more money than you said that
I always say that you can't borrow conviction
You can from somebody with more money than you bro like trust me it's happened before
I never stopped looking too
I never borrowed conviction yeah I never I
never borrowed conviction from someone that's broke because like I lost money
on that you don't want it bad enough or a drug addict you're definitely gonna
lose a lot of money a lot of this man holy shit I want to know if nfts are back that's what i want to know now can we say semi back depending
richie rich says no what's up though
what's going on what if they make you money i mean mean, honestly, until Yuga finally speedlons to zero
and the ship hits the fucking iceberg and collapses
and it's no longer like the miracle face of NFTs publicly,
then I don't think anything will give you back.
What do you think is going to need to happen for that to happen?
Oh, not much more.
I mean, Greg's crash out over the last week and he's doing enough
of the job. It's funny because, you know, I was apparently crazy for the last two years, but now
everybody understands that Yuga is actually out of money and doing anything they can to develop
that. And, you know, the fact that Greg said, I don't know why I'm doing this anymore.
After having the fifth largest home purchased in Florida history,
saying that he's not making any money,
it kind of shows that, you know, they're...
The fifth? That's fucking... That's crazy.
I mean, honestly, they need to sync is what needs to happen.
I thought he was trolling.
No, that was real.
So the funny part was, I had the screenshots,
and I wasn't allowed to talk about them.
And then, thankfully, you know, Fuego posted it and I wasn't allowed to talk about them. And then thankfully,
Fuego posted it.
So I was able to talk about it a little bit.
But the crash that was more extreme.
Oh my God, you did that again.
You know, the crash that was more extreme
than just that screenshot.
Like there was a lot more that was said.
But the fact that you can even try
and portray the fact that you made no money,
your last round alone, you raised $450 million,
not including other side men or anything else.
It shows how skewed the perspective of this industry is.
Because it's not like it's traditional business
to where you're generating revenue year over year.
People get money all at once, all up front.
And then they're like, why am I doing this anymore?
Because I'm not making money.
And it's like, bro, you raised a billion dollars.
What do you mean?
You made money.
You made a lot of fucking money.
More money than pretty much anybody else.
But no, it's interesting because until this,
honestly, my opinion on it is,
I believe that the negative stigma of apes
needs to go away for everything else to thrive.
And I think we're finally kind of seeing that,
you know, hudgies are now valued higher than apes,
you know, it's, and it's like stabilized in that regard.
I think as things are proliferated that should be
and start to capture market share, I think
there will be a return.
I think that negative stigma needs to go away.
And I think they're kind of on their last leg of trying to force relevancy.
And I think once they're done attempting that and everything fails, that everything else
can succeed.
But because of the fact that they're the forefront of it
and the face of it,
until they fail and others prevail
and are like, hey, you know,
they tried shit and failed.
We're doing it better.
This is why this segment matters.
I think there's going to be a roadblock
just because, you know, it's,
I mean, they sold off punks. I'm pretty sure they sold it to themselves realistically. Like, because you know it's i mean you know they sold off punks i'm pretty sure
they sold it to themselves realistically like it seems like it's a foundation that was newly created
probably gordon gargan a handful of others you know just to be able to remove it from yuga but
i i think they understand the ship is sinking and once this once the ship actually sinks i think it
will open the floodgates for real opportunity to exist. And, you know, it's funny because, you know, I don't talk or post much these days,
but I've done a handful of calls with teams recently that are trying to, you know,
kind of take the, like the overpass approach with their IP and license from holders and things like that.
So that ecosystem does still exist.
And it's still thriving.
It's just, I feel like the negative stigma
that was created by Yuga needs to fully subside
before anybody else can really thrive
in the same regard that they did,
but with an actual proper focus on IP.
Yuga never actually believed in IP
and never cared about it.
They just pretended to
because it was the topic of discussion at the time.
Like it was the shiny object in the room.
So I think now that others,
if you're pretending to do something,
that's kind of wild.
If you raise,
if you raise a billion and you spend a hundred million pretending,
yes,
you absolutely are.
I mean,
they're bro.
They're doing a four hour event in Vegas.
That's like a drug dealer's fucking Tuesday.
The fact that that's their eighth best now shows how far they've fallen.
I'm just going to sound like a maxi.
I don't think I'm allowed to have opinions on this shit.
Nicky, go ahead.
I have a quick opinion on that and maybe a dumb question.
One, I kind of agree, agree like if they step aside maybe there
would be room for other things to grow but also if they don't and they just take off and cook
I think that's also really good for the nft space and then kind of an nft related question with ens
why the fuck do we got to renew it how the fuck is that like I don't understand no the ens is
the craziest thing to me sorry is it crypto let crypto? Let me just give me a moment.
It's the craziest shit to me
that it's basically the same thing as buying a
fucking regular domain. The fact that
you still have to redo it every year, why would I not
just buy a .com? What the fuck is the
point of the ENS? It's like the opposite of
what we're doing here since 20 is like,
I don't get it.
Yeah, that's why you
registered for 100 years.
And then you...
You know what I'm saying?
It's still cheaper for me
to register.com for fucking 10 years.
That's my only beef with ETH right now.
No, the problem
I have with E&S is the wash trading
that pushes up the price.
People playing between wallets, wash trading up the price,
and then trying to sell that shit.
Did you buy an ENS for over an ETH, Will?
No, bro.
I bought it in spring 2021.
But I had people try to get my name on ENS,
and I got it before they did.
I've had some goods on my EN my ens so i'm probably a little biased
oh we all have i i lost the scene phrase for richie rich.e so this is just gone
speaking of that go ahead go ahead will i was just gonna say the problem with me right with
me right now and and nfts and ens and all that is like i i can't wrap my head around like is there you know i i think there's a lot of wash
trading going on here like and i don't think there's real buyers bidding up you know five
or six punks and all this other oh there's there's no real buyers right now none it's all i think
it's all it's all just, just playing between wallets.
Hello, that's been the same shit
since 2021, though. That's why we all
got farms to buy. Yeah, but 2021
at least there was actually people coming in
and buying. There's nobody coming and buying right now.
Yeah, that's what I'm saying.
Y'all fucked it up.
Right now, it's basically a dick measuring contest
of what whales can prop what floor up higher.
It's basically all it is. Yep, that's exactly it. Yeah, right now, it's basically a dick-measuring contest of what whales can prop what floor up higher. It's basically all it is.
Yep, that's exactly it.
Yeah, right now, because when I saw the NFTs...
Will, don't act this nigga on.
I don't even...
I'm not even ready for him here right now.
I'm so confused how Kuro's fucking co-hosting.
That blew my fucking mind.
Everybody gets to step up one day, Richie Rich.
Everybody gets to step up and move up in management. Okay, gets to step up and, you know, move up in management.
Okay, I'll fix it.
My bad.
LOL.
I'm just kidding.
Well, I'm sorry.
Go ahead.
No, no.
No, I was just saying, like, that's like when I saw the whole NFT craze thing.
I was just like, I already know.
It's just whales playing with bullets.
Like, it doesn't even faze me anymore.
Like, I already know what they're doing.
I mean, if retail
comes back, sure, I'll be interested because they might
buy some shit, but if retail
is not here and you got floors
raising, I already know what's going on there.
I'm still never buying one unless it makes me money.
Do you chop the way his PFP looks?
What'd you say, Dart?
I said he chops
the way his PFP looks. I fucking love it. It's hilarious.
What's up, Dart?
We have any beef or anything, or are we good?
No, we have no beef.
I love you guys.
And I even love Will's, too. I'm just fucking vibing.
You like my PFP or not?
Yeah, hell yeah.
I love Meat Makeup Club.
That's my favorite fucking PFP style.
I'm just fucking with you.
Sandman, what's up? No, but for real, for real.
That's my shit.
Where you been, Sandman?
Yo, what's going on, GM, GM?
Good to see y'all.
You guys are just being broke because you can't afford NFTs.
What up, King Sandwich Man?
What up, King Sandwich Man? What up, King Sandwich Man?
Fuck it.
Yo, the way you said that with that
U on is...
I hurt myself.
You know what's crazy?
When Dart had the picture
made of the guy getting
his board ape fucked, and then
he crashed out
with the $100,000 PFP
movie. I did not have that made that get dumped on by a youth, bro.
I did not have that made that was already made.
I just shared it in the group.
Imagine getting dumped on by a youth.
And also, Prophet, I fuck with the MAYC now,
so don't fucking take offense to that.
Imagine your founder renaming your NFT Fuzzy D gods
and then quitting on you.
Oh, that's what I oh that's fuzzy d's nuts
good to see y'all miss you profits i've been under a rock yeah just working so yeah it's been
a really long time so i guess since vegas so yeah good to see y'all oh Oh, yeah. Oh, yes.
Did you take over the D-Guides yet?
Are we back?
Did you TCO or what's going on?
No, no.
Didn't somebody?
That's not my cross the bear.
I will say the D-Guides are one of the best communities I've hung out with.
I really like them.
They're all very smart and organized.
Kind of reminds me a lot of Salon and Monkey business.
No, I couldn't agree more.
That's why, you know.
I like the art.
No, I mean, they're straight up.
It's all good people.
None of them are trying to flex or anything.
It's all very organized and well-spoken.
They're kind.
Fuck with it.
You know what I mean?
You definitely weren't here in 2022 then.
That was then.
Yeah, bro.
That was then.
This is now, bro.
And, like, I agree.
Honestly, like, if you if you
say what is an nft for it's really just for art and to meet people if we all agree with that then
i don't know it's pretty high on my list some pretty dope i mean now now that the now that
the frank maxis are gone like yeah values in the relationship is a bunch of cool people but like
bro playing 22 holy bro oh my god that was that everything sucked in 2022 bro hey but but that was For people? But like, bro, fucking 2022? Holy fuck, bro. Oh my God.
Everything sucked in 2022, bro.
That was a fascinating timeline.
On God, though, like
some great humans in that community.
And like you said, man, people have just really
contributed. Richie, Rich, your PFP is so
very likable. Holy shit, I gotta like scroll
to your profile to see who you are.
You know what's crazy, Richie?
You look like the most hateable person.
I lived off a hape in 2022.
Like, the whole year, I just lived off a couple hapes.
I was just a troll.
You guys just made me want to go down memory lane.
Sometimes.
There's no fucking decentralization.
It's all fucking governance theater.
All you motherfuckers are fake as shit
and that today oh real real not today oh man game fucking over man i'm just like uh the game's just
starting but i'm just like wow and then and then like i was not here for the web 3 exposed final
hours debates or whatnot i could guess i. I can guess. Book some props.
Rest in peace.
Yo, like, comment, repost.
I'm giving you $50 right now.
$50.
You have to like, comment, and repost the space.
Drop that BZ username to qualify.
$50.
USDC on Solana.
That's it.
That's it.
I know, I know.
Holy fuck, how are you doing this?
How are you doing this? How did you not rug and you're doing this?
It's just the name of the game, baby.
Name of the game.
Oh, grow quietly.
Hold on.
No, shut up, Richie.
Let it simmer first.
Glow quietly.
You can go ahead. What's up?
Fuck me, bro.
Glow quietly. What's up?
First off, deed is done.
I retweeted. I liked. I commented.
For sure.
Thank you. What's up, Glow?
Your spirit could not be any more ridiculous. Yeah, you What's up, Glo?
Yeah, you're pretty low, man.
Now I have to listen to Richie Rich's fucking tweet, dude.
Or that sucks, dude.
Yeah, go ahead, Richie Rich.
What's up? Go ahead, Richie.
Nah, I was just saying, you heard books in that audio clip,
and you're like, fuck, let me shut this shit off real quick.
No, I know what I was getting myself into.
Yo, Richie,
I bet I know who has your ENS, low-key.
No, I own it.
It's still me until like 2026.
But I know somebody is going to try and be petty and try and take it
and I just don't care. I'm not going for it.
I own my real name as
a .com. I have JoshuaAnderson.com.
I don't really give a fuck. I'm not getting my ENS back. .com. I have JoshuaAnderson.com. I don't really give a fuck.
I'm not getting my ENS back.
Don't... Feel free.
I will not buy it from you.
I don't care.
It's owned by me.
Same thing.
It's owned by me.
He's not his thread guy.
I do not care.
No, the funny...
Yo, you know what the...
Profits, you know what the funny shit is?
When that retard posted the other day,
oh, yo, thanks, Bored Elon,
for telling me to buy my .com.
Yo, I sent it to him like three days prior. And I was like, yo, I, Bored Elon, for telling me to buy my .com. Yo, I sent it to him, like, three days prior,
and I was like, yo, I'm not gonna be an asshole
and buy it,
because if I would've bought it that way
and never sold it to him,
I would've kept that shit forever.
Like, I would've just been petty.
I was like, I'm not gonna be an asshole today.
I'm not gonna be an asshole today.
I'm not gonna be an asshole today.
Like, I'd be surprised if you got over 100 in the past week.
No, and I don't give a fuck about my personal sites.
Why?
Just asking. I mean, what does fuck about my personal sites. Why? Just asking.
I mean,
what does that have to do
with anything, though?
Wait, hold on.
You just said
we all need to have
a personal website
with their names.
I mean, you know,
I have a very fucking
normal name
that a lot of people have,
so it's very difficult.
I had to pay like
eight grand
for my fucking .com.
Yeah, it's a very
what you know about
Willie Williams. I'll never, I'll never buy the dot E.
It's like, I'll never buy Richie Rich dot E back because I don't believe in E and S.
Well, it's because no one's ever going to fucking want that one.
Does anyone call you Dick?
No, because my name's Josh, not Rich.
What the fuck?
Definitely not Dick, yeah.
Does anybody ever call you Jesus?
Or Yeshua?
Alright, let's stay on topic.
This is Will. You see what I'm talking about?
You see what I'm talking about? We have to do these night
spaces and this is the energy we get from people, Will.
I don't have sound on the stream.
So all these people hear me
talking and then nobody else
when I'm sitting here just staring at the screen.
Yeah, you should have another device, Will.
That's what you should have.
But aside from that, this is what I was telling you about.
You see, everyone's cracked out seven coffees today.
They've done yelled at everybody in their fucking text phone book.
Like, this is the energy I'm getting from people right now.
I don't have their high level right now.
I have their mid-level.
Girl in the verse, are you minting any bitcoin ordinals right now because
that's where you come in that you're that's your side where what's going on what ordinals are we
buying yeah thank you all right but i'm gonna go buy that right now bet appreciate that i don't
know but willie williams is fucking face if you've seen him out here on Hyperliquid,
he's been balling out.
Who the fuck is Willie Williams?
He's definitely gaslighting it.
Rich has got to run for it out here.
Was I the only one that got
that sandwich, man?
Maybe. I don't know.
Willie Williams is base.
He might have a problem, Richie.
We have a bigger problem,
which is just space is being broken.
I can't see anybody that's fucking talking
and half the people that are on stage
aren't even on stage for me.
I see the same thing.
It's so fucking cultural.
I hate that shit.
I saw one guy that said his name's just so bad. No, I just,
I saw one guy
that said his name
was like,
oh, wait, no.
Never mind.
The joke is not good.
It's crazy.
We pay for this happen.
It's always broken.
Yeah, I feel like
like, yo,
Sandman isn't even
on stage for me.
And then there's
somebody else that's
talking, but I don't
even know who the
fuck it is.
My name is Dart.
They're not on stage.
Yes, you're can. My name is Dart. Because they're not on stage. You know? Yes.
You're...
Can't see you.
Dart.
Oh, fuck.
I see.
Now.
Now I know who it is.
Yeah.
Dart, you're not on stage for me.
That's who I am.
Fucking...
Well, no.
There's like four people that are talking.
They're on stage that aren't actually on stage for me.
So, you know.
Well, I'm here.
Fuck this up.
That's because this is the number one.
Use your context clues.
Let's go.
I need everybody to lock in.
Put a zit in your mouth.
Whatever you got to do.
Bro, I was just shilling you here.
You need to lock in.
I was just saying.
Tell me.
That's because this is the number one fucking show,
night show on fucking Twitter.
And Elon can't handle this smoke out here.
Too much fucking traffic.
This motherfucker's got latency out here. You can't handle this shit. We need Starlink. Starlink something Web3 exposed brought that heat. Okay. Can't The furry D got his talking. Can y'all fucking quit muting?
That is so annoying.
Listen, if you don't like it, you can get the fuck out of here.
That's enough.
Oh, my God.
Making me fucking.
I was just praying before this.
You can't do that.
Don't do that.
CryptoJay, what's going on?
Should I be buying bodagos?
What's happening over there?
I don't know shit about what's
happening but definitely fucking buy one i saw some shit about coinbase they put them on coinbase
i don't know i fucking bought it like i think it was like last week for 3.5 Sol so I mean
I'm seeing
People in the arena
And you already know those are all the type
People that are going to wear those
So I mean I'm fucking
Bullish
What price are we going to
I'm thinking
I mean
Six Sol So we're going to get like I'm thinking I mean 6
6 sold
So we're going to get like
87% move?
I mean that'll probably be like
Probably like a couple
Months from now
I feel like
I don't know
I'm still new
I'm crypto shit but
That's actually a really good If you could pull 80 something percent I don't know. I'm still new. I'm crypto-jit.
That's actually a really good... If you could pull
80-something percent
in a 12-month cycle,
consistently, you should be a very happy
individual.
I would challenge anyone out here to show me a
legit P&L that's done that, actually.
One NFT?
No, just all
in, all wallets. You said a one NFT? One all in all wallets
one NFT
87% in 12 months
my 11 year old son
fucking DCA's Bitcoin
for his allowance like that doesn't count
I like NFTs
bro like I really haven't
lost money yet.
Just hold it for about six months.
Yeah, what are you buying?
Well, I bought a Bodago for 12 sold.
I'll never financially recover.
Oh, shit.
I didn't even know that.
Bro.
I'm going to say it.
Should I...
Should I rub this shit right now?
It's gonna go sell it.
There's nothing wrong with taking profits.
There's nothing wrong with taking profits.
I mean,
I bought it like, I think it was like
two weeks ago
and then I saw
today, I was like, holy shit. So I saw today I was like holy
shit. So you're doing it right?
So here's the number one rule
when you're new to NFT trading. Here's the number
one thing you'll do is
you cannot sell
or else you're a paper handed bitch.
You have to be a diamond hand.
No paper hand ass bitch ass.
Look
go sell it. Get yourself a nice dinner.
Pay your phone bill.
I bought my board.
Are those for $45 a piece?
$45.
That's how cheap sold was at the time.
Oh, nice.
Nice.
Yeah, see, I don't even know shit about them.
Whatever you do, you just don't sell.
Oh, I need the fuck out of those things.
I definitely don't still have those.
Bro, I bought them for $45.
You think I still hold those shits?
I'm going to kick you out of the Discord, bro.
I mean, Grant, I know.
It's easy and I text daily,
but there's no shot you think I bought that shit at $45
and I'm still holding it.
I don't know about that.
Look, I always wanted a Discord. I learned my lesson when I lost $100, I'm still holding it. I don't even know that. Look, I always wanted a discordant.
I learned my lesson when I lost 100 grand
on my, I will never
doom hold an NFT against.
No, it's
funny, man. We say this all
jokingly, like kind of in satire, but
I actually do think NFTs
will be back. I do think that
the meta of extraction will not.
I think the projects that are sustainable will switch their models.
And I just think they're fundamentally different than tokens.
So I just think people will figure that out one way or another.
But they're fundamentally different that you're not going to get into an NFT project, in my opinion.
Oh, this dude looked mad.
And fucking passively make a whole bunch of money. You kind of have to get into those toft project in my opinion oh this dude look mad and like passively make a whole bunch of
money like you kind of have to get into those to like go contribute something if that's your vibe
you're like going to work well yeah and they're more sustainable right like you're gonna have more
of a brand in my opinion because you're out of some of the larger nfts and you just have people
that are there for reasons that are not um trading in nature so you said there's not going to be
there's not going to be any more extraction?
I don't think the successful ones will be able to succeed being extractive.
I think people are on to that generally.
Will just said they traded between wallets.
What's that?
Will just said they traded between wallets.
I'm sure they do.
I mean, that's 80% of all crypto, bro.
So there's
not going to be any more distraction though well they they let the floor they let a few people sell
and then they take it all what communities i think people will mobilize around that have nothing to do
with financial like things it's a different thing like people who get involved in these projects
might be in this industry they might be networking they might be trying you know artists or developers
it'll turn into more product-led sales is what he's trying to say yeah you if you're here for
the networking and you're here to like actually fucking contribute something and not be a lazy
ass bitch then yeah you should be in an ft project if you want to just go and paper hand something go
buy a token like it's that simple speaking of lazy ass bitch um next segment what is the difference
between meme trading and real trading i see a lot of problems oh shit i thought you were gonna send
it i see a lot of problematic accounts uh big accounts complaining um because they feel like
they you know they keep getting shitted on all these expose threads
About meme trading and I always tell them like why don't
You just trade like why don't you just trade
Purps and things that make sense
Don't get me started
Listen listen will
You should be able to extend those thoughts
And opinions without getting triggered
But um no I almost read
A full post on it yesterday
Here's your sign brother here. Here's your sign.
I'm from the future.
Meme coin traders aren't real traders.
Okay, alright. I know we can all
let each other speak before
talking over each other. Nicky, go ahead.
It's all insider trading. There's no way around it.
It's not a real thing.
Meme coins aren't real.
It's trenching. It's trenching, insider trading. There's no way around it. It's not a real thing. Meme coins aren't real. It's trenching. It's trenching, not trading.
It's all falsehood.
Everybody believes that we're going to get rich
because they can fucking
hit 100x on a meme coin,
but everybody that's actually involved in the meme coin
is already 1,000x up before they can hit that 100x.
It's all a fallacy.
Sounds like everybody on this stage
is a genius.
I wonder why a majority of the space doesn't think the same.
Because they're retarded.
Well, the difference is, I would say this.
As a trader, you can look for chart setups and you can still play a main coin that somebody's up 100x, 1,000x.
But as an investor, if you're buying into some shit like that, you don't have
a strategy to get out. A trader will typically have a strategy to get out. They'll have a strategy
to get in and a strategy to get out. They'll look at momentum. They'll play momentum. These mean
coin traders are almost all of them. Almost every single one of them are insider trading.
If they're not insider trading, they're putting in 0.1 or 0.01 and putting it into 1,000 coins and they
finally hit one. And that's the only one they
post out of the 999
they already missed on.
It's literally
those two type of traders.
I'm not trying to shit on anybody.
It is what it is.
That's literally what it is.
I mean, why do you think fucking Cupsie
makes the money he makes? Orangey doesn't make any money trading at all.
All of his money comes from the fucking bot platform he built.
He makes zero money trading.
It's just the perception of...
Well, he dumps on copy traders.
Perception is reality.
Literally, perception is reality.
So the perception is, is they're making a lot of fucking money.
We should do what they do.
When the reality is, no, we're making money because you're all fucking retarded and trying to copy trade us and we're
just fucking fleecing you every chance we get but yes literally all these 20 year olds are doing
and the space is just too stupid to understand that because they see an unrealistic opportunity
of oh shit i can throw a thousand dollars in and make a hundred grand no you can't you never will
you're just gonna get rinsed and you're gonna do it again you're gonna get rinsed again to richie's point
this is why for those that come like when i start this is why i start with the rants that i start
with and it's funny because it's always a younger crowd that's like you know why are you trying to
motivate me like i ain't trying to motivate none of you guys uh there's no way there's no fucking
way i'm not trying to motivate any of you you should be motivated on your own it but it's really because of what is being stated right now
the learning curve is slow but the space is fast that's the problem there's always new people
coming in yeah and then also too just just to finish my point the fixed the fixation and uh
just obsessed obsession with the attention even founders I had talked to people that have good projects and
companies and businesses and it's like a great idea and they're semi-funded and they're like
mad that the timeline is consumed with this. And I'm like, your fucking target audience isn't here,
my brother. It's not right here. And that's why I always say, yo, if you're doing something real,
then this should be noise and you should…
This is the wrong space.
No, this is the wrong space if you want to do something real.
Like, for perspective, like, I definitely shouldn't be saying this, but I was a drug trafficker for a very long time.
No, I'm just saying.
I'm just saying.
I was a drug trafficker for a very long time.
10, 15 years.
And it was watching the patterns of behavior in this space.
It's very easy to identify.
The majority of people here are just fucking brackets.
It's literally what it is.
They get a little fucking taste.
And they're like, oh my god, I'm going to make all this money.
And then they just get fucking rinsed time and time again.
And the thing is, at least in my day, there was a product
that you provided to people. There's no product here. It's just some weird fixation of a promise
of earning. And it's insane to me how in this digital age, I mean, Grant, I'm too old to like
actually fall within the fold of this generation. But the ability to capitalize on a market,
if you're in your 20s right now,
this space, the level of manipulation that occurs
is fucking fascinating to me.
And it's why I avoid it.
I don't trade memes.
I don't trade anything.
I mean, I'm a fucking...
I used to be a poker player for a living.
So I'm a degenerate future trader. But outside of that, I don't touch any memes because I'm too old.
I don't understand the references. They don't make sense to me. But at the same time, I understand
it's literally the equivalent of hits a crack to where it's like... It's literally just baiting
people for max extraction. And it's just turnover, turnover, turnover. It's all the same fucking people.
There's maybe 25 people max
that are fully benefiting from this ecosystem.
And everybody that comes in
just feed fucking into it time and time again.
And it's, I mean, best way to look at it,
bro, watch American Gangsta.
It's blue magic.
That's exactly what this space is.
That's literally what it is.
Every fucking meme coin that does a crazy multiplier is fucking blue magic that's exactly what this space is this is literally what it is every fucking meme coin that does a crazy multiplier is fucking blue magic you get a hit of some crazy
shit and you hit once and you're like oh my god this high is amazing and then the next one you
just get absolutely fucking rinsed and rinsed and rinsed it's about the friends you make
because you think you're gonna win just like it's the hundreds of thousand dollars that
you spend to make friends along the way same thing with drugs you think of the funnest times
your heads with people oh but i didn't spend a hundred k to hang out with people losing money
just to play devil's advocate a little bit because i agree generally but i just think
there's a different dynamic here which which is probably not just crypto.
I mean, the reality is that what people say and think
and what they do are two entirely different things.
So you can't really connect those to your question profits.
That's not unique to crypto.
That's just in life.
And secondly, I think what you're seeing
just from a proliferation of like tokenizing things and then having a market to them, what you're finding, and this isn't necessarily unique to crypto either, even though it's probably earlier and more exacerbated, which is that what we're seeing here is tokenized sentiment.
There really is no production of revenues or earnings or yields like it doesn't really matter
that's exactly what the problem is is that because what i'll say generally speaking is that even
though it's not as severe i would say this is exactly the direction that like tribe fi and a
lot of the traditional equity and financial markets already work.
And so the question is, I guess, more fundamentally, like you're always going to have these systems.
I think what you see in the traditional stock markets is that the futures are more valuable than the actual asset classes themselves.
So what does that tell you? That tells you that they're buying the speculation, not the asset.
The assets are the hedge okay it also explains why you have like real
fundamental things that have not been solved at our macro level that seemingly the market is
ignoring right it's because no one gives a about the fundamentals it's purely just speculation
on what the administration and like whatever's going to happen in the future right frankie and
i've had this conversation a lot if he's still up here this is the point is it
doesn't matter what actually happens anymore it's just like it's more tokenized sentiment
and you're seeing that happen across the board i just think it's more exacerbated here the last
thing is like because this is an early adopter market it is kind of the wild wild west and like
just to play a little bit of devil devil's advocate here, you kind of need
these fuckboys out here
so that you also have people
that see the problems
and go build real products.
And so,
if that makes sense.
And, and,
you know,
it's the thing.
We're the new pink sheets.
It is exactly what it is.
Pink sheets are dead
and that's what we are now.
You have to understand
this is not like unique
in any market cycle.
Same thing happened with dot com.
Same thing happened.
No, absolutely.
You know, all these other eras all these other you know ultimately the greater majority of money will be made off of speculation and not reality so everyone wants to bet on a non-real product under the assumption that
the fallacy will succeed and so far that's never been the case in his face.
But the central upside of something
that may be some real versus something that is real
will always be more valuable.
And here's my proof to that.
And Will's got his hand up because I love his thoughts.
But this is why you see a foundational reprice
and misprice, I should say,
between traditional equities that are trading on
Solana versus like on the exchanges, so to speak, with the regular nine to five market makers.
And if you look at how those trade, which are in a hyper tokenized, hyper speed, 24 hour,
24 seven trading environment, there are price differences between your Amazon token on Solana
versus your Amazon token that you would buy at NYSE or NASDAQ.
And so that fundamentally tells you that when you enable the infrastructure for hyper speed
and tokenization, that that's the primitive issue here, which probably is less about crypto and the
tokens and more about just the thematic of how people want to make money on futures more so than
existing assets that actually produce yield. Yeah, it's more of the ease of liquidity to be able to transact
whenever is why it moves in a different pace right just switches the water level is my point though
so yeah i'd be curious in your thoughts will
i don't know like i have i have a deeper thought process here. I think with rates where they are and stuff
like that, the poor become desperate and the desperation is taken advantage of by the people
that are not as, well, we won't say as desperate because they're definitely desperate, but are a
little more savvy on taking advantage of people that are desperate. This space has capitalized
on that big time.
You got,
you got things like bubble masks and stuff like that.
Those are,
those are what I would consider improvements,
right?
Bundler finders and stuff like that.
You need more services like that to help people kind of not get fleeced in this space.
But what you'll see often with this space is you'll see a lot of guys with
big pockets.
People know they have a lot of money because they floss it.
And then they'll pretend like,
Oh yeah,
I'm going to add to this coin or whatnot.
And then they'll rug people for like 20K, even though they're worth like 2.5 million shit.
Precisely.
It's actually wild.
But I'm just saying, which is very good on trading.
I'm just saying, if you look macro, the same analogy can be used in terms of like the big corporates pretty much let all of us fuck around for the last like eight years now all of a sudden we got regulations now all of a sudden they want their etfs now all of
a sudden you got whatever 200 fucking companies that now active and running have treasury strategies
on crypto like they're the biggest fucking gigabrains on the planet out here raising
billions of dollars on shit we knew from the jump that's's just simple, though. No, it's just content is king.
Distribution rules.
It's funny because you can look at it from this perspective.
My CFO
has been a homie of mine
for probably 10 years now.
He used to manage a fixed income division
in the New York Pension Fund.
Moved around, I don't know, $300-400 billion
at any given point.
All the people that are in the headlines now,
you know, phone call away perhaps.
And when you realize how real money moves on Wall Street,
not like little money, not talking like, you know,
$10 million here, $100 million there.
When you see somebody moving around $100 billion,
the way that that market is perceived
is very comparable to how this market works.
The only difference is, is the lack of maturity in the space
allows people with a lot less money to do the same thing.
We're kind of getting to the point now.
Yeah, we're getting to the point now to where it's a lot more difficult for that.
But because of how, I mean, not to like discredit the space.
Are you talking about
terminal downloads
from custody debit cards?
not at all.
Okay,
I'm talking about
That's the old world
decentralized rich boy banking,
which essentially is blockchain,
but like using debit cards.
Right.
it's just,
you know,
when you're able to move around
hundreds of billions of dollars
for a phone call,
you know,
that's kind of what this space was,
but the difference was,
is up until now,
when Bitcoin was at $50,000,
it's a lot easier to move a market
because you could do the same thing
that TrapFi was doing
with a lot less money.
So it's becoming increasingly more difficult
for people to do the same thing
because they don't have the same exposure
that they used to.
So it's just very interesting.
And the higher prices go,
the more we become pegged to TradFi.
But at the same time,
the more TradFi buys up to where it performs like TradFi.
So I don't know.
I feel like in the next five years,
things are going to get personally interesting.
So where, I don't know.
I feel like we're going to
mirror a reality we didn't want to be
a part of because we're becoming it
real time.
So what do you think about these?
What do you think about the $13 trillion
in 401ks are about to unlock
for endowments to ETH?
How do you think that plays out, Richie?
I don't even like speculating on eath because every fucking time no no not on eath
i'm talking about those motherfuckers fucking dump everything on us no i'm saying they're
letting they're like so basically trump's letting the 401ks be accepted by the endowments from the colleges, like basically like the LPs, right?
The people that feed the VCs.
And so...
No, no, no.
Yeah, no.
See what you're talking about now.
So, all right.
I've actually kind of worked with the administration in this regard
to a specific capacity.
Honestly, there's going to... I'd say, I mean, Grant, given the fact that
midterms are going to get interesting, but there's going to be a significant focus on
crypto exposure throughout the next three years. And if the administration is maintained moving forward,
whether it be Vance or who have you,
the largest emphasis that this administration has is crypto.
Genuinely speaking, just from intimate knowledge that I have.
And not in a regard of like, you know,
Trump claim or Melania or shit like that.
Even the Genius Act was a little lackluster because it still focuses on big banks
because you can't pass through yield, etc.
There are a couple of last minute changes that I don't necessarily agree with.
But a lot of things on the political side are,
there was a massive emphasis on embracing blockchain technology and crypto because ultimately
if you look at it from their perspective if they can standardize uh stable coins that are pegged
to the dollar it effectively proliferates the u.s dollar because it continues the stronghold that it gives them a market to buy those exactly
trash-ass t-bills that nobody else wants to buy on wall street exactly that which is
hence my tether is the biggest buy or what's that or the the fifth or sixth largest buyer of t-bills
yeah there's the ones buying them it's not the the goldmans of the world like they i'm sure they
have their cups exactly but they don't want those people anymore.
Yeah, so it's effectively a hedge on that, is exactly what crypto is for this administration.
Yo, if I can jump in. Richie, I agree with a lot of what you said, and to your point,
you look at Bitcoin. Once the institutions came in, and I say this all the time,
there's no way in hell Bitcoin would
have went from 20K to 123K in this macro environment without the institutions, right?
And so to your point earlier, you said, you know, do we want the institutions here or do we not?
And this has constantly been a debate, right? Like, do we want to still have our little playground
over here? Or do we want the big dogs to come in with real money and push this thing higher?
And so I think, you know, you can't have one thing without the other.
Like if, you know, if you're talking about utility based cryptos, if you're talking about top 100 projects and kind of my mindset is, OK, Bitcoin's gone and done its thing.
It's going to continue to do its thing. They're not going to stop here, though. Right.
So I think the Genius Act getting through is good and all, right,
with stable coins. But I think the big one is the Clarity Act because that's going to unlock ETFs
for things outside Bitcoin and Ethereum. And I think really what the hedge funds want, what the
big institutions want are indices, right? Like they want to get into basket ETFs, right? You
want exposure to, you know, smart contracts. I don't want to get into basket ETFs, right? You want exposure to,
you know, smart contracts. I don't want to buy Cardano straight up. I don't want to buy, you
know, insert smart contract platform here straight up, but go look at the grayscale large cap fund,
right? That's what they want to buy. They want to buy that in an ETF. And so, so my mindset is,
okay, Bitcoin still a long-term hold strategy, 401k on steroids, is, OK, Bitcoin is still a long term hold strategy.
401k on steroids, accumulate, accumulate, accumulate.
But let's try to front run the institutions in terms of where they're going next.
Right.
So whether that's Ethereum, XRP, Solana, everybody's got their opinions.
Right.
And you don't have to be right on all of them.
But if you're right on a few of them, they're going to try to do what they did with Bitcoin with other things.
And you consider like where some of these market caps are, right?
I mean, there's no doubt that some of these things are going to have staying power.
And yeah, I mean, we're still in a highly speculative market.
Nobody knows how it's all going to shake out and what it's going to look like.
But bro, like that's how you make money.
How you make money. How you make
money is speculation. So like you want to be able to get here before the institutions and we all
have that opportunity. So yeah, whether you like it or not, you know, the meme coin sector, it's
watered down as hell. I mean, if you go back to 2020, 2021, it was so much easier to make money
in meme coins because there wasn't as many there, there weren't as many you know what i mean you didn't have to be a fucking genius now with pump fun and all this
bullshit i mean good luck bro you know what i mean the meme is basically is gonna get interesting
we have something launching in the next uh month or two that is kind of i knew that's why you came
nigga you never come for nothing else. You want to come...
I want another steak!
Now I want another fucking steak!
I'm not even saying...
What is the left of those?
I'm so happy that button's broken.
Yeah, airdrop.
I don't know who we're talking about.
I'm not even saying what it is.
I'm just trying to explain something.
So the problem that exists in the space
is everybody carbon copies the same shit.
Every token launchpad is the same
as the other token launchpad.
Just buy the top shit.
Just buy the top meme coins.
There's an interesting token standard
that's going to be launching in the next month or so
that anybody that's traded futures
will probably have the best understanding of it.
But effectively, the token itself has a trailing stop loss
to create a standardized base price of what you can lose.
So you know your maximum downside,
but then your upside is whatever the exponential value
of that token is.
It's through Uniswap V4.
Yeah, so there's a lot of interesting things coming. It's just Uniswap V4. Yeah, so
there's a lot of interesting things coming.
It's just Uniswap V4. You can fine-tune
these and
fine-tune those so that when you dump into them,
they're real firm, but then when they pump,
they're real bouncy, and it's just putting different
custom ladders. You can't do that shit on Solana,
but yeah. Uniswap V4 will jump
that out. This will be on Solana,
so you'll see something in the next month
that's new
but unfortunately my partners
are heavily Solana
based because they're boogles
so we can airdrop or what
but well I said
that to say this because the thing is
is we're in
we're in an interesting opportunity
right now to where we're kind of redefining the space.
And it's kind of up to the people that are interested
in leading protocols to define what the future
of the space looks like.
So whether it be max extraction or max opportunities,
it's going to come down to whoever's at the forefront that can create the
opportunities. Obviously, something
like Pumped Fund is just max extraction.
Everything based off
of that is how much money can we extract
and how quickly can we do it.
Well, look at them now. Now they're out of vogue.
And so then you kind of want to
make sure that.
But the problem is everybody's trying to rinse and repeat the same
thing. Nobody's trying to innovate on top of that.
Nobody's trying to create anything different.
Hold on, Richie.
Look what Bonk did.
I want to hear what Zach has to say.
Look what Bonk did.
They're opportunistic.
And that's a free market, right?
They looked at PumpFun and said, look at these motherfuckers.
They had a great idea.
They fucked it up.
What did Bonk come and do?
They did it the right way.
They're fucking killing it, bro.
And that's why Bonk is a totally why that's why i was just that's why the problem is it's still the same thing
it's still a max extraction it's just a how can we benefit the most as a company and extract as
much in fees and pretend that we're here for the communities the greater majority of this
shit is just focused on max extraction.
It doesn't matter if it's an NFT, a meme coin, a stable coin.
It doesn't matter what it is.
The greater majority of it is just how much can we manipulate this ecosystem
to benefit us and not the people that exist within them.
You want to know the funny part, Richie?
It went from them extracting everything and keeping it all
to now we're
starting to lose momentum so now we'll do revenue share with people that help us extract on our
platforms and then eventually it's going to learn it lean into all right we've extracted from every
gambler in the space now there's nothing left to extract on the no you know no utility type coins
well they started other platforms are doing it they had to match yo but but but wills
does bonk have more
utility than half the utility tokens
in the top 100 right now yes or
no does it have
more utility than half the utility tokens
right now yeah
does bonk in their
platform to launch tokens does that have more utility
than half the quote unquote utility
tokens in the top 100 right now I think bonk is fine yeah platform to launch tokens does that have more utility than half the quote-unquote utility tokens
in the top 100 right now i think yeah they do but what i'm saying is is like it depends on what
you're what you're using it for right if you're using it for to snipe coins create coins and try
and sell coins or try to get into projects of coins that all at the same time have no value
just to try and extract liquidity yourself, then yes, they have value in that aspect.
But if you're talking about things like, we'll say Filecoin, for instance, right?
It actually has storage and so on and so forth.
So it actually has real utility or ICP or a chain or whatnot, right?
Like Ethereum, Solana, like those all have real use cases
as far as something that you can build on top of.
That's kind of the way I'm talking about it.
I'm not really talking about it in the aspect
like they don't have use case right now
or they definitely have flow, right?
The problem with it is,
is like when you hit a bear market,
what do those things do?
They're likely gonna flop hard when you get back into another bear market what do those things do they're likely
going to flop hard when you get back into another bear market i know a lot there's a lot of people
who are in the camp that likely won't happen but i mean we got to let the cycle play out
because if it does the problem is it's gonna be bad crypto really should just be a marketing
promotion not a way to raise capital for your business and uh at the end of the day that's
probably the easiest and most sustainable way to have a healthy relationship between somebody who
publishes a token and their community who like receives that token so it's a marketing strategy
it's a way to build evangelism right i can tell you that you know my my company builds a whole bunch of
fucking shit using crypto and ai will have millions of using uh leveraging block you know blockchain
and all these cool things we talk about none of them will know it none of them will care there
will never be a token there'll never be some wallet that you guys will be able to go fucking
like engage with or like you know if there ever is a token that you guys get to go shill it's because it's 100 free and it's because you guys
we use privy for any we use privy for everything which we would never do that interacting with
blockchain okay everything we do is the same shit nobody ever knows they're using it it's a way to
like yeah people value for socializing and evangelizing your token. But the second you start using it to capitalize your business, then the conversation changes.
And it's very difficult because on one side, these are not securities.
But on the other side, you know, capital is being raised.
And then we get in these conversations of extraction.
And that was my earlier comment was like, I think the definition and meta of extraction is going to change like 100.
I think people look at extraction as if it's not willing.
In this space, it's very willing.
People are willing to be extracted from.
That's another thing.
That's the other side that's not really talked about.
And in that essence, these platforms are just appealing to their willingness to be extracted from in a lot of ways.
be extracted from in a lot of ways you know business and sample and sam and you know to
You know, I don't know my business.
your point bro like we don't even know what a security and a commodity is in the crypto space
yet like think about it it's getting pretty defined it's pretty defined as a crime is legal
yeah like like right now it's right now it's pretty clear like they've like cleared it up
quite a bit i mean ethereum's a commodity um bitcoin's a commodity and those two are like
i mean there's nothing they can do against those yeah so basically anything anything that
anything that comes off of ethereum essentially as long as you're not selling to over 100 people
like it's pretty clearly defined like if you go on angel list right now you can go get a saft
agreement set up and you can like launch an nft and actually like raise angel investment publicly
right as long as you're getting it from accredited investors but there's like people that want to go
through the few hoops they need to actually like fundraise properly so they just like throw it at
the wall it sticks and then they just hope they don't get indicted or like chased down by the by
the it's actually getting a little more interesting so there's there's um there's two bills that are going to be introduced soon that I've had the opportunity to read over.
They're basically...
So the Genius Act passed the way it did because it had to, to appease TradFive.
But you can introduce new bills that can modify some of the requirements from that.
So there's two bills that are about to be introduced that are super interesting.
They're going to create some new opportunities for this space that should be introduced.
Probably my guess is in the next 60 days.
There's going to be a lot of very interesting opportunity for this space that is very optimistic.
It's just a matter of understanding how layered things need to be in regards to how to get
things passed.
So it's just kind of like stages.
Step one was get Genius Act approved.
That was approved.
Step two is do an add-on bill that kind of changes some of the verbiage to loosen it up a
little bit. Step three is, okay, now it's no longer focused on trad buys and you can pass through yield,
for example, on stable coins. So there's a lot of things coming by the end of the year that should
be fairly interesting that hugely benefit the space natively. That is just more so an understanding of how politics work.
Once you start to see things come in,
you'll get a better understanding of what direction things are going.
And Genius Act was basically the first step in that.
And that alone being passed shows what the future is going to hold.
You can't necessarily ask for everything in the first bill, but that bill.
That's the first down.
Yeah, look, I mean, whatever about the bill, maybe that's not a political guy.
I was going to say, sorry, phone struggles.
Same thing.
I got a phone call, but yeah, same thing.
That was the first step in being able to do things properly.
Yeah.
I mean, you got the Clarity Act left and you got the anti-CBDC.
I mean, those are the ones that are public.
You know, this whole thing tomorrow, I'm kind of curious to see what they come out with
the digital asset report or whatever.
You know, knowing Trump, he kind of shoots from the hip.
I mean, one of the things that I'm trying to front run personally, I'd love to hear
your guys' thoughts on it. I still think he's going to do something with U.S.-based cryptos,
whether it's less taxes, some kind of relief, some kind of thing that will unlock a certain
sector of the market. Or, I mean, with him, he might just handpick four or five that he fucking
owns. And you watch, dude dude people will fucking flood into those
sort of things so i i think you really got to be kind of on on guard and cash on the sidelines
waiting for that because something like that is going to hit whether it's you know again u.s based
some of the people he he's rubbed elbows with in the back channels whatever that looks like
and and you watch bro people will come in in in droves and swap out of shit to swap into shit that, you know,
gets the stamp of approval.
There's going to be a lot to come down the line with this Clarity Act and whatever else
he ends up, you know, whether he does a crypto stockpile reserve or something with taxes
or both.
Yeah, I just don't want to gloss over what Saul said because I agree, like, there's probably
some dope shit that'll make things better or reduce friction. But what Saul said was very important, which is securities on chain have been available and around for a long time. So you guys want to do some research reg, C, D, or CF are all three different SEC exemption filings that just determine how you do your capital. You can do that.
They're pretty easy. sec exemption filings that just determine how you do your capital you can do that easy yeah they're
pretty you can do them right and there's actually a company called t-zero which is owned by ice
um which is the futures exchange that owns new york stock exchange that has been doing this for
years where you can go and uh actually exodus wallet it's like what 12 it's like 12 to 15 grand
i think right people are spending 20 to get like trending it's like bro what are you doing
did their ipo that way or their their initial raise if you guys remember that wallet through
uh t0 i don't own any i don't even think they have a token by the way so i'm not showing anything but
that's just a company that's just saying like this shit's around might not be easy the friction
point is always the kyc and people don't want to do that and that's like fundamentally where
like maybe some of these bills
like alleviate some of those requirements and or the protocol level we do a better job of solving
both like you know through zk proofings and such right where you kind of have these like anonymous
kyc vehicles right that um potentially could unlock some of this yeah yeah trust one person
versus trust like the whole organization right exactly so at least it's ZK-proofed, and you're essentially proving that it's not some fucking money launderer, scammer, whatever, based on baseline protocol requirements.
But otherwise, they don't know that it's Sol and whatever, whatever, right?
Like, you know, that lives in, you know, wherever.
Well, they have business registration.
registration um right but that's not what see that's not what this model would require to open
true trustless anonymous kyc it sounds like a counterintuitive statement but that's literally
what certain protocols could do um that's what that's what autonomous actually does like
autonomous or anonymous autonomous oh that's a company i should check them out yeah
yeah i mean it's dk proofing or like there's other different techs that you can do that
do similar things it's just that people don't use it it's not adopted right you all this cool tech
doesn't matter because distribution rules and we all want to make money on fucking meme coins
that's why that's why the builders got to dumb down their shit
to get you both those to buy it
and we all got to sit around like, oh, no one wants to hear
that nerd shit.
Nobody wants to buy real shit in this space.
Everybody wants to buy fucking bullshit.
That's true. I get it.
That's why you shouldn't raise
money in this space.
Here's the thing, Sam, man. When everybody
saw Trump launch a MeanCoin
and put it out there,
crime was officially legal,
whether people wanted to admit that or not.
And at that point,
you saw the MeanCoin frenzy,
and that's all anybody wants to launch.
And it's not just that.
You got max extraction from these, like,
22-year-olds who have been trading
since they were, like, three.
And they have a lot of
years of trading experience and they don't have copy traders of course on their wallets that's
not how they make their money they do it through trading and so you know that's that's basically
what the space is right now right i think i think it'll evolve over time but that's what the space
i agree i would just say crime's always been, bro The only thing that's not mean even more
Organized right? That's the you see all the people who got brought out of jail and got got it got and got freaking
Because it meant that somebody was gonna buy their t-bills, but yeah crime was always legal
But yeah, crime was always legal.
That's why we're here. Yeah
That's why we're here, yeah.
I just feel like
we kind of opened up the flow.
I mean, the SEC getting shitted out,
basically pushed out, getting a new SEC.
Now we're going to be getting a new
Fed chair. It's yes ma'am
season, and I'm telling you,
crime is only going to get worse
probably for the next year or so,
in my opinion.
I agree.
People are getting indicted.
Yeah.
And guess what?
And guess what?
The one, someone else will step into it.
Right.
And then somebody else will step in as the market leader,
and 10 years from now we'll have these massive established companies
that didn't start here that kind of let all this fuck around,
and, yeah, crime got organized.
Yeah, the problem
with the space is like people
extract so much that
even when they go in front and get
indicted, they have so much money
it keeps them from going to jail and in addition
to that, they probably pay back like
150th of what they stole from the space
in total. So once you
get to so far,
it's such a precedent.
You sound like you have some experience here, Will.
You have anything you want to tell us?
Once you get so far in extraction,
you can no longer go to jail.
You can no longer, you know,
you don't have to pay these people back.
It's all in crypto, you get pardoned.
You just pay the lawyers, you pay the fees,
and you're out.
You just gave you the, you pay the fees, and you're out. The piece of extraction.
And I'm here to tell you.
You just gave me the how-to, guys.
Yeah.
This is how you get to the piece of extraction.
Everybody knows this.
I mean, look, when you saw congressmen, like, they go in, right,
they get hit for insider trading, and then what did they get?
They get a $500 fine after making millions on it's under 10 million fine Yeah
So when I enter a class action, can I use all of my alts and wallets? Is that like a thing?
Information I could share this space wasn't recorded, but I'm gonna keep my fucking mouth because it's really shit
Dude, I know how this shit works man. man i know like ain't nobody getting in trouble for for robbing everybody and even if
it wasn't recorded it was still recorded bro so just it and then get us the airdrop or no shilling
that's it yeah i i i hate even saying that because it inspires people to be like
Oh I'm just going to start going and robbing people
Online but like
This is the reality of where we are
Oh no there's a lot of people getting fucked
No continue to get fucked by trying to take that approach
And it's fascinating to watch
Because you like
The way that
They are able to
Max extract on like a fallacy versus a real product being
built that can't bring him any money because it's not speculative it's probably one of the
funniest things i've ever experienced in my life okay okay hold on a second let's go down memory
lane real quick yeah i got my boy he's strapped. You guys ain't doing shit.
Trapped?
Yeah, I got my boy.
He's fucking strapped.
You guys ain't doing shit.
Oh, my God.
People used to say this on Spaces.
Who remembers?
It's an offstage, Leap.
Yeah, I'm so violent.
I'm 140 pounds, so violent.
Like, are you going to stand for this person talking that kind of shit on your stage, Leap?
So violent, Jeremiah.
Fucking violent. So violent, Jeremiah.
So violent.
Oh my god.
Kiro, do you remember?
Yeah, I remember.
Yo, bro, that.
I mean, I guess technically, allegedly, I'm the only person to cock a gun on an ape space.
You would double down on them, mother.
I mean, you know, Illa likes telling people it was me, so apparently here we are. Why don't you have one in the chamber already?
Well, I mean, if you don't have a chamber, like, there's no point in carrying it.
So, like, there's that.
Hold on a second.
We have a farmer, guys.
I mean, it definitely fucking popped around.
I don't know how I feel about farmers.
Ayo.
Ayo me day.
Do you have anything to say to the class?
I'm listening to you.
All right.
Listen.
Do me a favor.
Go ahead and listen to me from down there.
Appreciate it. Like, Do me a favor. Go ahead and listen to me from down there. Appreciate it.
Like, comment, repost.
Send this out to your friends and your family.
Anyway, so this went from trading to back to the...
You guys like talking about Congress and government and legal shit.
You guys are laughing.
You guys like people going to jail, huh?
You like watching it.
You guys enjoying this?
Nobody's going to jail, Profits. I like compliance. You guys enjoying this? Nobody's going to jail, Profit.
I like compliance. Hold on, Will.
What the fuck are you saying? Yes, did you hear
the beginning of the space? It's happening.
The balloons rugger
was arrested, sentenced today,
four years later, but it's happening, alright?
It's happening. Look, he's getting
house arrest with an ankle monitor.
That's what he's getting.
Damn, not Will.
I don't know. Sometimes you gotta be the Mexican doing training day. He's getting house arrest with an ankle monitor. That's what he's getting. Damn, not Will pushing into the file.
Holy moly. I don't know.
Sometimes you got to be the Mexican doing training day.
Like, yo, my shit pushed in, bro.
We said pushed in.
We outside.
What?
Imagine telling the dudes in the cell block, what are you here for, bro?
Selling cartoon balloons, bro.
They got me.
I'm falling in grave.
Yeah, do like tech scammers and shit get different jail?
Because like, I feel like...
It's the feds.
It's white collar.
They got fucking...
What's that shit called?
Not tennis.
What's the new shit called?
It's pretty chill.
Pickleball.
They got pickleball courts and shit.
Like the fed jails are crazy.
The fed prisons are in jail.
Well, and if they're good enough, they might get a job, too,
and get to work while they're sitting down.
At pickleball?
They might get 10K a month while they're sitting down.
Typically, if they're in Fed prison, they don't need a job
because they have a lot of money and they stole from people.
Yeah, and they can get confiscated.
Yeah, but bro, you're going to tell me you're not going to sit around in yourself
if you're a dev And make 10 grand a month
And be the only motherfucker with a computer and the pen
That's like a real deal
It's like being in the basement
What's different
How do you go to court
You extract like
I don't know say 5 million right
You go to court and they're like alright
We're going to slap you with a $5,000 fine
And you're going to get two years in prison. What about
the money? What about the money?
What are we doing
about the money?
Bro, they're keeping
that. They should just give a fucking airdrop.
They're keeping that money.
They're not talking about it. Oh, the feds? Yeah.
What do you think they got?
They're not like bringing this up
in public. Like, oh, we have all this money for a trade.
You know, I think it took them, what, eight years to get back the money
to the people from fucking, what's his name?
The old grifter.
After they made interest.
FTN.
That's like what Fed's like, though.
Like when.
And they reimbursed it at.
They just recovered $10 million.
And they reimbursed it at yesterday's recovered $10 million And they reimbursed it at
Yesterday's price of Solana
Which is crazy work
They were like oh we're going to do your money back
But it's at the Solana price at the time
Get rekt
But Bernie Madoff
Died in jail before they paid people back
For his shit bro
They had retrieved all the money too
They found all the rat holes
They're talking like billions of dollars My boy just got out of the feds last month shit bro and like they retrieved all the money too like they found all the rat holes and all the
shit they're talking like billions of dollars they just you know my boy just got the feds last
month that motherfucker was running a blackjack ring inside of there like everything exists
everything runs it doesn't matter it's like recess except that they can trade ordinals now hold on speaking speaking of high like value assets
um go ahead and join the telegram on the top i just pinned it there's 113 of you that means
there should be 113 new ads don't make me break my phone on live
zach we haven't met we haven't hold on fuck you richie we haven't met. We haven't. Hold on. Fuck you, Richie. We haven't met. Nice
to meet you. Thank you for coming to the space today. Uh, what made you pull up to the space?
Did somebody ping you? Did you, am I thrown in the algorithm? I'm curious.
I think, uh, I think it might've been Saul. I think we were following each other.
So you know how it throws in like, uh like uh somebody's up there speaking or whatever so yeah just dropped in nice appreciate you one less
dollar on saw's invoice thank you zach for helping him out hey i'm gonna get an ice cream they got
the cheap ice creams at mcdonald's again profits a dollar i mean i'm just saying if you include
vigil in this shit it should be like 10 to 1. Hey, shut the fuck up! Don't trigger me!
Don't trigger me. Yeah, bro, you're gonna start
a fight up here. And I may or may not
have a photo of that man
high on drugs with shit coming
out of his ass. And I don't know why I have that
photo, and I'm mad that I saw that photo, and I
had to instantly go to church after seeing
the photo. Mint it.
Nicky, that's not a bad idea.
Describe that. Low fucking range. I agree with mint that. I fully support it. Nikki, that's not a bad idea. Inscribe that.
I agree with Mint.
I fully support it. Hold on. Have you been scammed by this?
Have you been scammed by this?
It's the biggest inscription
I've been going on. It's the biggest ever.
That's like 10K on that shit.
Is this your lawyer?
That's crazy.
Y'all gonna trigger me and Kiro out here.
Y'all just trying to trigger the black people on stage?
Is that what we're doing?
Yes, that's exactly what we're doing.
Why are we doing that?
Why does it got to be black people?
Because he scammed both of us.
Go figure.
Go figure.
We got robbed.
How does that work out?
He scammed a bunch of white people.
You're not good at being black.
He scammed a bunch of every kind of person.
It doesn't matter what kind of person.
He's not going to be in black.
That's why we die.
You never fucking talked to Fidget before?
Like, yo, it didn't matter.
Yo, it could have been his mom's.
He's scamming.
Yeah.
I don't know what to tell you, but that guy was just scamming all the time.
He owes Kuro 30K.
He's sweating on cold days.
I should have noticed that.
All right, this is a safe space.
If you were or anybody were injured or hurt in the comments of Fidgetal, the human being, or any other character in Web3, go ahead and hit request.
If you want to be anonymous,
go ahead and send me a DM
and I'll share it here.
You know, I think it's important
that we hold space for people
that can't talk about this stuff, man.
Yeah, no, he's actually running for me.
Like, act like...
Bugs are bad. Kira, what are you doing over there you're cooking crack what are you doing
i was gonna say carol muted me to roll a blunt like what's going on over here
oh how'd you hear from bongy today how you been bongy that's because the fucking panda's based
okay
panda's based for sure
permission to schizo now, Kuro
Why'd you change your PFA?
Oh, run it back, bro
Who the fuck is that?
You're going to have to deal with
profits
Yes, go ahead, schizo out
It's after 9pm Eastern
Standby
Yes Standby.
Yes.
Standby. I can't wait for...
Hold on, Richie, before you speak, out of all the shitty
takes I heard today, and don't get me wrong, there was
some good ones in there. You guys did alright today.
I know I'm back. I know it's been 48 hours.
You guys are warming back.
Your brain is full of mush. You have it.
You spent all your time and energy on these idiotic
spaces and rooms. I'm sorry. You spent all your time and energy on these idiotic spaces and rooms.
I'm sorry.
Nobody's fucking stimulating you.
Um, but why isn't anybody talking about AI integrating with meme coins and shit?
Like nobody's building shit.
Let's go.
What's happening?
That's what I'm building.
Oh, what a coincidence. What's up?
What a coincidence.
What a coincidence.
What about it?
Oh, it's the nerd guy.
Give me your 30 second elevator pitch.
Go ahead.
I don't have a pitch.
I'm making a schizophrenic robot AI.
It's already halfway made.
That's it.
It doesn't really fucking do anything.
Well, I mean, technically it does.
It has MCPs, so it can talk to the blockchain
and do shit on the blockchain,
like launch tokens and buy stuff.
But it's more of a demonstration of what can be done because i'm tired of not seeing what can be done be done i was so ready to talk shit and then you
said schizophrenic ai and i was like you know what fuck it i'm in for it. Sounds good. You say it launches tokens?
It can launch tokens.
Yeah, I'm going to let it
choose what it wants to do.
Don't put that in the public.
So it's a scapegoat.
That's what it did.
Basically,
I saw what he did was
he tokenized Mika and turned her into a real-life AI.
Yo, I'm not going to lie.
I think she's onto something, bro.
She's onto something, I think.
Does she tokenize herself?
I can tell when somebody's really into something, and she's really into it.
I love that.
She is, though.
I've seen her.
Yeah, she's really into it. She's hyper-focused's hyper focused way better than the fucking mika recaps like
respectfully like but uh i i love that i love seeing people because this is this is me man
hopefully i don't find any old content when i start to go viral but there's like years ago me
doing videos of shit because i was just excited for it. And I look back at it.
I'm like, wow, we're such an idiot.
But it was okay because I learned.
It's like learning.
You're learning out loud.
You're learning.
You're just learning out loud.
No, hold on.
We got to dial that back a little bit.
There's like learning.
And then there's being the three fagoteers.
It's like two different things.
You have to grow.
You have to grow.
No, no, no.
The whole thread,
Rasmur, the OG situation,
like that is something that could just die and be buried and never brought up
again. And nobody would care. Like there's, there's like learning
and like advancing itself.
Some big founders though.
No, he hasn't. No, he's been interviewing, you know, he's,
hold on, hold on. No, let's dial. No, he's been interviewing... Hold on, hold on.
No, let's dial that back.
He's been interviewing Web3 native people.
Those are not big founders.
Those are people that figured out how to scam the community to make money.
Calm down.
They don't have real products.
They aren't building anything relevant.
Yeah, but you're going to be on there, Sean.
I definitely won't.
I actually have thread blocked in my phone.
He could suck my dick.
But point being, none of the shit that any of them have done
is anything that should be praised or is like a reality.
They all just circle jerked the scammers of the space
and proliferated that.
There's no reason that they should be applauded whatsoever.
Let me ask you this.
I think a lot of that has simmered down a bit.
Do you agree or do you think it's getting worse?
No, I think it's simmered down in the regard that people will no longer hold them accountable for the things that they did.
But I think they 100% should be held accountable for the fact that they basically just proliferated scams for six months straight.
Well, you can't just let that slide.
Whether you made money or not, the fact that you just allow it is crazy. We don't know things are scams for six months straight. Well, you can't just let that slide whether you made money or not.
Like, the fact that you just allow it is crazy.
We don't know things are scams.
Oh, but come on, man.
Y'all be letting everything toosie slide in this motherfucker.
Just saying.
Just saying.
There's no shot you can say
that you don't know things are scams until you know
they're scams when everything they
promoted was a scam. Sometimes.
Everything they promoted was a scam. There isn't a single thing that they got behind that was
legitimate there's not one bro statistically most things anyone promotes or what about
sam i hate you
fighting the jesters man it has nothing to do with that. Yo, the Zero Bros guy was the favorite rifter of the AI meta, man.
That was the craziest shit.
Yo, imagine putting your cousin's little press career at risk to go put up a fucking obituary.
I have a question for you.
Let's see.
I think what you're saying makes sense
when it comes to shit that's wrong.
Absolutely.
But I mean,
like, I think you were rocking the Dojino at one point.
Like, what are we, like, I'm just trying to...
No, I wasn't.
I just had the affiliate account.
Oh, that's way better.
Well, no, I'm just saying, like... Not every better. No, I'm just saying.
Not every dose you want.
Well, so the funny part of it,
you want to deep dive into this shit?
You really want to deep dive into this shit?
Let's get grimy.
No, I'll get real, real cool.
I got a $1.5 million collection
on Bark right now that I'm running.
My bad, I'm sorry.
The yelling is giving me anxiety.
I don't think I'm ready.
It's been a month and a half, and I'm just not mentally ready anymore like I used to be.
I'm just saying.
You want me to turn up, I'll turn up.
I'm not trying to be an asshole.
You know me.
No, I'm just saying.
You know me.
Like, Barko is a lot of fucking money.
A lot of money.
And I got a lot of people that are very interested in collecting that money.
I know where Christian Barker is is though why go collect what do you think's gonna happen you know i should probably stop talking i just want to air drop man i should stop talking
no i delete the recording all right this is uh i thought we had a launch pad and a airdrop i thought
that's where we were going with this whole combo, and then it turned into something. No, I'm just saying.
That's actually a really good point.
You know what?
You just tickled my brain.
Because recently, with the recent events of different products and companies doing their thing,
I feel like a lot of companies, like Magic Heat and OpenSea, they've established,
and they've kind of hit a standstill in a way.
Is there room for new
unicorns?
Yes, absolutely.
And still, all day.
Magic Eden's next, bro.
No, and I'm not saying negative.
I love...
Don't get me started.
No, I want
to get you started. I think you have good takes on it.
No, they partnered with you guys. So, you know, that's to get you started. I think you have good takes on it. No, they partnered with you guys.
That's just a lost cause.
Anyone that partners with you guys, they're a complete fucking retard.
What about Spud?
I didn't know that.
If you start to use the proper part of our brain and then the emotions seep in.
Let's just fucking...
Profits, I'm trying.
Does it have to be new?
You keep muting me.
Let me get one taken. What do you guys think of
Scatter.art? The Romelia
launchpad? NFT launchpad?
No? Never heard of it.
Doesn't matter.
It's been around for a while.
What do you guys think of Brown?
Most of the major collections
on ETH of this cycle
have been launched on Scatter.
This cycle?
Well, starting in 2023.
Like,
S-C-A-T-T-E-R
dot art.
How much are those collections worth?
Wait, are we talking about NFTs again?
Well, there's Redacted
Remilio babies
there's uh there's stone tosses collection the first one not the rug uh sproto gremlins
uh kimono cocky there's there's a lot of good collections that launched of it
a good launch pad for any of that bro yeah yeah sure m'lady um what makes a good launch pad a good like nft launch pad is one that's
friendly it's friendly for um artists it's friendly to artists which scatter is um scatter
is very supportive of of good art um if you're really trying they'll help you out they'll market
you for free um and it's easy navigate, but it's also sticky.
Scatter is really sticky.
It has features built in
that allow for...
It's very community-driven.
You can mint things in Mog Token
if you wanted to.
You could get a discount.
That's all you had to say.
Mog.
Wait, so they're trying to get my Mog?
I don't like that. They're not coming for your Mog. What were you had to say. Mog. Wait, so they're trying to get my mog? I don't like that.
They're not coming for your mog.
Saul, what were you going to say?
Go ahead.
Oh, I was going to just give you, I was going to say, I'm like, I was trying to change the
subject.
So I was going to tell you, like, I'm trying to get the food reviews and I'm eating these
all gratin potatoes.
And I was going to see if you guys wanted like the whole, the whole spec.
And then I put pictures up, you know, I could start my new career as a food reviewer on
TikTok.
Richie, go ahead. Richie, go ahead.
I had to raise my hand
because honestly, it's just
when are people
going to realize none of this shit matters?
These fucking NFC launch pads
none of this shit matters.
From 2020, I don't know what the fuck
you're talking about or what any of these collections are
and none of the corporate people
coming in give a fuck about
any of that. Wait, you don't know
what sproto gremlins are?
Couldn't give a fuck less, honestly.
Ticker Bitcoin? Harry Potter, Obama,
I think they don't care. Anybody that wants to
paint themselves blue or somebody
that wants to shower and be a wizard, don't really
give a fuck. The people that have real money
hold on, hold on. The people that have real money
that are coming into space to leverage
the technology, don't give a fuck about any of this
stupid shit. They don't care about the fucking launchpads
that exist for NFTs.
Yeah, they do.
Ina airdropped SchizoPosters,
which is an NFT project.
Genuinely, nobody cares.
It's one of the largest
DeFi protocols
in crypto.
DeFi, DeFi.
You're missing the point.
Real money coming in doesn't care.
You're still targeting
the native space.
Real money doesn't give a fuck.
Real money gives a fuck.
I think Web3 don't give a fuck
about what the real...
No, everybody in this space is Web3.
Let me finish, please.
I think they do care.
The Emirates would want to make NFTs as your boarding passes
and would want to attach them to a decentralized ID tomorrow.
No, no, they don't give a fuck about these launchpads.
They care about the underlying technology.
You're proving my point.
All the shit that's being talked about right now
doesn't fucking matter.
Tell me about how these NFT launchpads matter.
Feel free.
No, I wasn't going there.
They don't matter.
They don't.
I'll stop being confrontational.
Maybe you should.
You should take a little
breather okay because they they do matter it's just web3 wants a quick fix they want what's next
they want the money um web3 right now is not talking about base and social right although
um you can onboard anybody right now at zero cost um onto the spectrum and have them get paid in
in crypto um so essentially zero percent participate you don't need to pay nothing um that that's
something coinbase is a really big company um they're attached to a lot of your your corporate
right and they shake hands with everyone today brian fought a very big fight with the sec for you guys uh brian he
fought the fight without him you wouldn't have what will said crime wouldn't be legal 2025
that had nothing to do with brian brian wants to be the new jp morgan but no no no i think
just brian's leading the legislation 100 he No, none of you are actually involved in the legislation in crypto, but you can go ahead and parrot the shit that you see on the timeline.
So feel free and believe that Brian actually did something.
Continue.
No one's talking about this on the timeline.
They all hate him.
I think you might be over-assuming what people are getting information from.
Brian hasn't done anything to benefit crypto.
This is a Doginals dogs trick.
They always do this stuff.
What gay shit are you talking about?
He's trying to psyop you, Bongi.
Bro, I'll smack you in the fucking mouth
if you want to keep the shit up.
And then they resort to violence when it fails.
No, I am violence.
Fuck you.
I am violence.
I am Batman.
I am violence. I AM VIOLENCE! I AM Batman! More now.
As you relax more and more.
There's no right or wrong amount of relaxation for right now.
You are just letting yourself let go.
Go ahead, Richie.
I just want to say, you know, it's very funny when Buddy has a fake MAGA meme coin in his bio that wants to be contradictory with me.
Ah, then they do this.
Shut the fuck up.
Then they do this.
Shut the fuck up.
Then they do this every time.
Exactly.
You're a nobody.
You're a peasant.
You don't want to be.
You're fake.
They always do this.
Exactly.
They get so triggered by the MAGA meme coin
because they, like, nose a senator or something.
Bro, I swear to God, I pray the day that I meet you.
I pray for that.
I genuinely pray for that.
I met Reagan's brother.
I don't give a fuck.
You understand me, whippersnapper?
I don't care about your Trump meme coins.
I don't have none of that.
and enter in to your own awareness of just being present.
So, I'm asking about unicorns because I like shit like that. I like shit that's nothing and then it's something.
I've been obsessed with watching all the movies from like the Netflix startup,
the Uber startup movie, the playlist, Spotify movie.
That shit's a banger.
Highly recommend.
And I'm just obsessed with that shit right now.
And I just think it's dope.
And it all started from, are you fucking dumb?
Like, how are you going to interrupt? How are you going to disrupt this? How are you going to change?
And it's happening. So that's why I'm asking, not because I give a fuck about, uh, a launch pad,
uh, Magic Eden and OpenSea and every other company that's went off to make
millions of multiple millions in this space from solving some sort of problem.
You know, whether it was a bubble or not, like, that's why I'm asking.
So, Sam, that's why I was like originally asking you, because you're pretty, you're pretty.
I like your takes when it comes to this type of stuff.
this type of stuff.
Thanks,
Thanks, Boo Boo.
Boo Boo. You clearly have
eaten tonight, and you're not grumpy
and yelling at me because I have a ute,
and I keep on talking about my sexy
ass gold crown over here.
But,
yeah, I think the feeling is mutual.
I think the sentiment, regardless
of the arguing, is true,
that we all just want to see something new.
And, yeah, I don't know i think it's feeling a little toppy in my opinion yo youth's ip was the best ip in the space
before it was fumbled personal opinion what's he talking about what was it doobs what was it
that you was gonna launch richard that's exactly what it was no No, it used to be Dusty's, right?
Oh, no.
What was it?
Fuck, what was it before Ute?
I'm a boomer out here, man.
I forget.
No, Ute's was great IP, but Frank would never release the details on the IP assignment.
So everything went to zero because nobody could tell anything. Well, actually, that's not true.
He released all of it.
And you're talking about a guy who started a multimillion- of it. Yeah, like a year and a half later.
A year and a half later.
I mean, we can argue semantics,
but it took him almost two years to release the IP.
I mean, fair enough.
But we still built a company on it,
and everything's just swimmingly fine here, mate.
I own 50% of overpass.
I own IP licensing, if you want to fucking of overpass. Here's the thing.
If you want to fucking argue with me about IP
in this space, because you have a million-dollar
company with mines where 40 that sucked my dick.
I need some fucking 24-year-old kid to pump my bags.
Is someone arguing with the Doginals dogs again?
All right, bro, I can't wait to find you.
I swear to God. The shit that I'm going to
tell you is going to be insane.
I will skin you like a fucking cat,
you little faggot. I'm a country boy, but I'm not out here like these other kids.
I'm not talking to you.
I'm talking about the retard that keeps interjecting.
All right.
I don't know who you're talking to.
Which one?
I don't know, but I thought you were talking to me.
No, I ain't got shit to do with you.
I ain't talking to you at all with that.
I'm talking about the little retard.
He's coming for you in a second.
You sit down when you turn.
No, he thinks because he's a little fucking faggot Remiglio that matters.
Oh, the Remiglio. Okay.
Sorry about that.
Well, I got confused.
I thought you were coming at me.
Hey there. Make sure you...
Someone's calling me.
Set your reminders for tomorrow's space.
We'll be back
with another episode of
Web3 Exposed. Brought to you by Exposed Media, the number one unapologetic brand on the Internet.
This is another reminder.
Also, if you are dicking around and not buying Bitcoin, please just delete your account.
That's it. Delete your motherfucking account.
Also, Will, we we are gonna want to hear
about all your new nft findings tomorrow uh because it looks like you've been sweeping up
some collections it looks like you're gonna be cto-ing the uh d gods and the youths and uh we
i'm just waiting for them to go to zero. Yep. Yep. We're almost there. We're almost there. Anyway,
thank you guys for coming. It's been
amazing. Have an amazing evening.
Good night. Drink water.
Stay sucker-free.
And don't be anybody's
ex-liquidity. You gotta go You drift around, he's a clown, he's a bug
