Memescope Monday Disaster | EP 51

Covering:

• Memescope Monday
• Are memecoin bros finally finished?
• Claude’s relentless updates

And more.

Transcript

SPEAKER_01 0:00

Wow, what an intro.

SPEAKER_00 0:01

Wow, wow, wow. Good morning. That was fucking special.

SPEAKER_01 0:05

That was special. Um we'll post the video later today. Uh I I saw that. Um I saw the uh North Koreans posted that yesterday. And I I had to have it as our intro video. I saw it immediately, knew that it it it needed to be the RiskCon intro video. Um so we'll keep that running for a little bit. It's laugh out loud, funny. Um never never change, Kim Jong-un. Um you're the best.

SPEAKER_02 0:33

Uh so just to be clear, that was like an unironic uh war propaganda video right there. Yeah. Oh yeah. That actually was that was demonstrating how how sick their soldiers are. Like we didn't edit that. That is actually what the video is. That's what they posted.

SPEAKER_01 0:50

There wasn't a single edit. Yeah. The best one, my my favorite, was at the end, where the guys are jumping on the stack of bricks and crushing them with their chest.

SPEAKER_00 1:00

Yeah, that seems not in drama.

SPEAKER_01 1:01

That was good. That or when guys were taking like a hammer and smashing their forearms with them. It was like always sunny, it was like an always sunny episode, but real life.

SPEAKER_02 1:17

You guys are nukes and drones. Well, we can smash shit with our chests. Yeah. Good luck. Brick with the hands.

SPEAKER_01 1:24

Yeah, you guys, as Brits, wouldn't know anything about uh It's Always Sunny. Um or being tough for that matter, honestly. Uh our president, President Donald Trump, called you guys a bunch of pussies last night.

SPEAKER_00 1:35

I don't know if I saw that. Maybe accurate. Um in fact, not even maybe 100% accurate. Uh we are a bunch of pussies, but however, we did remove as of I saw this tweet today, as of 18 hours ago. You can no longer get arrested for tweets in the UK. Uh massive. Could you ever? Yes. Yeah, we actually. Oh yeah, yeah, yeah, yeah. You could you you if I posted some some what they deemed as as hate crime, they would come, they would come and arrest me.

SPEAKER_01 2:03

This isn't some like like like like Rex 89 Capital or like gab like like far right Twitter stuff that people are believing, is it?

SPEAKER_00 2:13

No, no, no. This would actually happen. Like this this would actually happen. Free speech was uh was a mythical uh idea in in the UK until yeah, until uh 2 p.m. today. Um they said uh they're scrapping non non-hate crime incidents on Twitter uh to free up police in the UK.

SPEAKER_01 2:31

So free speech is back in the UK.

SPEAKER_02 2:32

Free speech Oh only only to free up the police's time. Yeah, only to free up the police's time.

SPEAKER_00 2:37

Just a priority. Just a priority. So you know what? I'm in the clear on the risk on pod. Uh it's time to go hate hate speech mode. Uh hate speech mode. Yeah, time to go hate speech mode and get it all out. Uh I'm free now, guys.

SPEAKER_01 2:50

So Yeah, uh anyways, uh episode 51. We're still here. We were off last Friday. Swizzle was traveling and interrupting her schedule, but we're back to the regular scheduled programming. Uh brought to you by FOMO. Go download it today. Um, promo code RiskOn, 10% off all trading fees. The Risk On account made like a thousand bucks yesterday, guys.

SPEAKER_02 3:11

Wow, who would we're gonna grind our way back in referral fees?

SPEAKER_01 3:14

Or that was your trading. That was me trading. Yeah, me trading. Honestly, considering, so now we're down about 60% from inception. And I don't think it's that bad. Bitcoin's downwards.

SPEAKER_02 3:29

I would uh comparatively to the market, that's Hall of Fame numbers right there.

SPEAKER_03 3:33

Only down 60%. Only down 60%. That's a fucking dub, guys. That just means we've been holding Solana, you know?

SPEAKER_00 3:39

Yeah, exactly. We should stabled up. We've been staying sitting in mages, guys. Nothing to worry about. Sitting in mages.

SPEAKER_01 3:47

Um market looks boring. We popped, then we sold off. Um, I texted you guys, I think Wednesday or Thursday, that I sold all my Bitcoin at 72k. I'm out, I'm done. All the stuff I bought at 65. After you sold everything at 74 sats or whatever it was on stream, and I was sitting there like during the episode contemplating selling all my shit too. Um, because I was like, you know what? You're you're probably right. It's better just realize this. And then we dipped to like 69, and then I caught and then it bounced up to 72, and I was like, fuck it, I'm out. Um thank goodness because uh the government has a retard in office who doesn't really know what they're doing in the presidency.

SPEAKER_00 4:30

Yeah, it's uh it's not it's not great out there. It's a lot of chop. There's a lot of noise for the chop as well. Like there's a it's it's always the same, isn't it? In every bear market, we have CT goes wild and then you check a price, uh and it's the same price as two months ago. Um nothing changes, but uh in my opinion, it does seem like we we want a little bit lower, and the market seems to want a little bit lower. I'm noticing a lot of soul weakness, uh, which isn't good because I think they're actually doing a really good job right now. Uh controversial take, but I think Vibu and the Soul Foundation are actually rooted, like they're doing a really fucking good job in providing tools for people to build. There's just no one building at the moment. Um so what can they do? What can they do? What else more can they do? Um but yeah, tough market. Tough market, man.

SPEAKER_01 5:17

Swizzle, are you in Tower still?

SPEAKER_02 5:20

I am actually would I also exited my Bitcoin over the weekend. A little bit lower than you, but I just decided NDQ1 come in, got the got the tax bills come and everything. We're being a little defensive. Um I I think I posted it on X. I uh I exited Tau at between like 340 to 350, didn't quite catch the top. Um, but yeah, it just looked a little overheated. I exited and I now have my bids in place. Uh funding had been starting to reset, and I was it was kind of in that area I was looking at for a retrace because it broke out uh around the just above these levels. So like I think I'm like 30% filled on I had a couple fills, but I I've got some bids a little bit lower than here that I would be happy to have not hit. Um, but if they hit, I would feel pretty good about that. Um, I don't think the Tau story's over. I think there's gonna be another wind, but I have been wrong many times before.

SPEAKER_01 6:23

You think Jake Howls has more juice?

SPEAKER_02 6:25

I think he's got a little more pumpage coming for us. Um I think I think the uh the what do we used to call the Soul Avengers? I think the Tau Avengers or whatever the what's the opposite of the Avengers? The is it like Marvel and DC? Yeah, whatever the opposite are. That's the Tau guys. They're coming. They're gonna give us another look.

SPEAKER_00 6:47

I think the Soul Avengers were effective, man. The Soul Avengers were the Soul Avengers did provide 200X's at one point.

SPEAKER_02 6:53

That's true. But I think we got a juicy pump coming. I think we're gonna be talking about the Tau Avengers pretty soon here, maybe next episode. Maybe maybe not quite then, maybe in a week from now. But uh, I'll be ready.

SPEAKER_01 7:05

I I had our boy Kel shilling me in um South is an idiot. He's his camera's broken every two seconds. What's going on with this child? Um somehow this guy, this guy is the head of product at Bonk Phone, but he can't operate a camera. Um that was a joke. Sats, I'm not being mean. Um what was I gonna say? Uh our boy Kel was shilling me Tao subnets in my replies the other day. Um, I still don't understand subnets. Um there's still like no volume on them. I just don't like I feel like that's there's nothing going on there. Have have you explored subnets at all at all supposed or are you just strictly trading Tao as like a move thing? Are you a Tao believer or just a Tao uh momentum trader?

SPEAKER_02 7:52

I'm a believer in this, but I'm a jaded, uh war-torn believer with PTSD from all of our past experiences. So uh if that I feel like that's the only way to describe it is like I I think the narrative makes a ton of sense right now. I ascribe to it. Um I think there's definitely something there, but I also am able to recognize that this is like not a fundamentally driven like movement here. There's a lot of speculation and a lot that has to happen for everything to really play out. Um, but it makes sense. The argument makes sense. I've I've been looking into the subnets, but I'm not buying any of the subnet tokens or anything like that. I think to me, that's like getting too granular and trying, you know, it's like it's like if you want to have um if you want to have some exposure to the movement without trying to like, you know, it's like they say buy the S ⁇ P versus buying, choosing specific equities in specific sectors. It's like you can decide which uh which area you think is gonna be great, but actually understanding what to do and how these are all gonna work, they're not super liquid. Um, and they're gonna be changing every day. So to me, it's like if you believe in what's going on and you think this is all gonna grow, then to me it makes sense that tau is the asset you would want to be exposed to, unless you're really gonna be living in this every day. But like I'm not I'm not trying to be living in the tau the bit tensor subnet world. That's what I was gonna say.

SPEAKER_00 9:26

That doesn't sound like a good place to fucking live.

SPEAKER_01 9:29

Um how did you spend your bear market? I spent it in the bit tensor subworld. Tow subnet, bro.

SPEAKER_00 9:34

Yeah, I mean, interesting story. How did you guys lose all your money in the bear market? Tau subnets, bro. Tau subnets. I don't want to tell you. It got a bit weird, and uh was on tau subnets.

SPEAKER_01 9:46

You know what's gonna happen is that tau subnets are gonna fucking rip and everyone's gonna clip Sats's face. No, they will subnets.

SPEAKER_02 9:54

Unironically, they will. They will, but yeah, man, like it'll be that thing they could rip, and you'll have been the deepest, most ingrained in bit tensor subnets, and you will still lose because you're gonna be like trying to you know navigate it. Uh I would rather tell people I lost my money uh in shit coins than than admit that I yeah, I would rather say I lost it on Meme Scope Monday than admit that I was deep in the BitTenser subnet weeds and and lost it all.

SPEAKER_01 10:23

Um I do want to talk about Meme Scope Monday, even though it's absolutely it's so dumb. But uh the first thing I want to talk about now that we're talking about losing money and how we're losing money, I want to talk about our boy Pete Hegsith.

SPEAKER_02 10:36

Um, we're talking before before streamline.

SPEAKER_01 10:40

Uh Henry, if you can pull up the link I just shared. Um uh I think it's number two. Um Pete Hegsith is so stupid. He had insider knowledge about the Iranian invasion, he tried to insider trade it and lost money.

SPEAKER_00 10:58

Bro, he's just like me. He's just like me. Everyone knows on CT if you have insider info on CT, you're guaranteed to lose money. You're guaranteed to lose money. I'm everything I've said this from the start. Private deals, anything you think you've got insider info on, you don't. You are an edge. You don't have an edge. Pete's just like us, bro. Fuck.

SPEAKER_02 11:22

This is what I was asking Wood uh before the stream, though, is like, I don't know if this has ever happened where it's like, and and I'd honestly hadn't seen this until Wood pulled it up and tweeted it. But if hypothetically, if someone in a public office verifiably is proven to have had insider information and made like an investment based on that, but then they lose all their money in the investment, how is that treated? Like, is it the same thing as someone who had insider information and made a bunch of money, or it's like, we're gonna let this guy off the hook because he's a fucking idiot. Yeah, he just couldn't figure his shit out.

SPEAKER_00 11:58

I don't know. Yeah, I I feel like you could yeah, you can't you can't come down on him because you know he didn't actually didn't pull it off. He didn't ins he didn't pull off the insider trade. He got halfway and then and then kind of fucked it. Um what did he actually do? I didn't see this tweet. What did what did he what did he bet on? What how did he lose money? Wouldn't you just buy oil?

SPEAKER_01 12:17

I don't know if we can click into the um uh let me try to click into it. I didn't I didn't even I didn't even read the whole thing what how he specifically did it, but I bet you that's even funnier.

SPEAKER_00 12:26

Yeah, yeah, I feel like you just buy oil, no? You if you have insider information on it, right? You buy oil. Oh, he's bought a Nasdaq listed ID.

SPEAKER_02 12:36

He but so he advised his broker to buy defense some defense stock, and this was like a week or two before they US attacked Tehran.

SPEAKER_03 12:46

He tried to see this photo, yeah.

SPEAKER_01 12:51

All right, so what did he do? Yeah, so he bought I'm reading it almost.

SPEAKER_02 12:55

Was it him or his broker? So his broker was doing it on his behalf, yeah.

SPEAKER_01 12:58

On his behalf. Pete went to his broker and they tried to buy a multi-million dollar investment in a defense ETF, but the ETF had already priced the fucking warrant. So after the war happened, it stole pop. Pete was like a bomb being sneaky.

SPEAKER_02 13:16

You don't have to do this on screen, but if you go read the article, it says that the defense stock is up 28% year to date. However, it is down 13% since Exit put the order in. So so he chose a good stock and he had some information that defense tech was going to be necessary here, but uh poorly timed, my guy.

SPEAKER_00 13:38

Very poorly timed, Jesus. He could have bought anything uh apart from that, just it's just buy oil. I don't feel like that's the most the obvious is always the the right option.

SPEAKER_01 13:48

Yeah, my chevron is doing wonderfully. I bought a bunch of chevron on the Venezuela thing and just held it. It's up a shit in time. It's up like 30-40 percent.

SPEAKER_02 13:57

For for context on how generationally dumb this is, uh, so Q1 ends today, right? Uh, if all things stay the same as of this stream, SM the S P 500 would be down 7%, Q1, the Dow would be down 18, 8%, Nasdaq 10%. Um Pete Heggseth's defense stock that he bought down up 28%, but down 13% since he bought. So uh he could have just held the bleeding of of equities, uh, SP and done better.

SPEAKER_01 14:35

Good fucking trade. So the consequences of insider trading uh from from uh from uh from chat gbt say uh you have to give back all of your profits. He has none to give back.

SPEAKER_00 14:47

No profits, yeah.

SPEAKER_01 14:48

Your penalty is 3x the profit gained. Can't do that.

SPEAKER_02 14:52

Oh, so they gotta pay him.

SPEAKER_01 14:53

They gotta pay him then now the criminal stuff's a little more serious, but Trump will just pardon him. It will be an it'll be a it'll be a nothing. Uh but yeah, so apparently the civil penalties assume you make money when you inside a trade. So I guess you just can't be sued if you lost money. You just get the criminal penalties.

SPEAKER_00 15:11

You just you just you're given the fucking you're given the retard slap, like the the guy this guy doesn't know how to make any money. Like let's just leave this guy alone. Um they just leave you alone. That's it.

SPEAKER_02 15:21

I don't know, but the crazy thing too is this guy's title is the secretary of war, right? Oh fuck. I know I know these guys' titles are changing every day, but is he is he not the secretary of war? Yes, he's the secretary of war. How is he allowed to buy defense stocks?

SPEAKER_00 15:35

I don't know. That seems that seems very wrong. That seems very, very wrong. Yeah.

SPEAKER_01 15:40

Pete Heggseth would kill to put out a pump-up video like Kim Jung Moon did. Oh yeah. Go up his alley. Yeah. Like he he saw that and thought to himself, fuck yeah, I need that.

SPEAKER_00 15:52

That was fucking sick.

SPEAKER_01 15:53

Yeah. Can we can we get the seals on this guy's?

SPEAKER_00 15:55

Like, can we get someone on this?

SPEAKER_01 15:58

This is fucking cool. Oh my god. Yeah, I have to so good. They all get too much.

SPEAKER_02 16:05

You know what that you know what he reminds me of? Have you guys ever watched what's the the HBO uh show about the NFL training camp? Um, what's it called? Hard knocks. You guys ever watch Hard Knocks? There's always like one assistant coach in that show who's like they're you know, they've all adapted to analytics and they're breaking down stuff, and then there's the football guy who's like, you know, like fuck the numbers, like we gotta hit hard. Like we gotta play smash mouth.

SPEAKER_03 16:30

Like, I feel like that's Pete Heggsith uh for just the US military right now. That's not like a great guy. That's not like a great guy.

SPEAKER_01 16:39

He's just an idiot.

SPEAKER_00 16:40

He's just a little old school, I think.

SPEAKER_01 16:42

A little old school. He's a big meat head. He tends to just like he tends to just like suck Donald Trump's dick at every chance he gets at not really what he's talking about. It's really, it's really an impressive show he puts on every time. Um man, he him and not a great investor though. Not a great investor investor. Um speaking of not great investors, Sats, what happened on Meme Scope Monday and why, like, I'm gonna let you as the bunk as the resident meme coin guy still um tell us about meme about meme scope.

SPEAKER_02 17:13

And just to back and just to backtrack, uh for those of us who may not saying it's me, but who may be just a little bit checked out uh on chain, is memes meme scope monday, was that a real thing? Or is this like a it was real? It's a real thing.

SPEAKER_00 17:28

It was real. So we need to know I need to know what it actually is.

SPEAKER_01 17:33

I don't know what meme I don't know what meme scope is.

SPEAKER_00 17:35

Oh Jesus. Oh yeah, I forget you guys are Jupiter guys, man. You guys have raw dog and jupiter.

SPEAKER_01 17:41

Rawdog and Jupiter. We need to play uh Razo song for us.

SPEAKER_00 17:46

Yeah, so meme scope Monday. Meme scope is like uh like what you see on uh Axiom, you know, like the new pairs, you get migrated, uh you get close to migrated, and you get like the fresh pairs. That's what memescope is. You guys you've probably probably seen the screen if I showed you it. Um that's on terminals on Axiom, it's on all the all the terminals. So it first it originally got strung up by Orangey. I'm sure you guys know Orangey. He was a big meme scope Monday guy. He was saying, look, guys, 10 a.m. Eastern on Monday, we're all gonna log on. Everyone in the trenches, we're all gonna log on, and we're gonna see what the hell is going on. We're gonna we're gonna all trade. There's gonna be loads of volume. Everyone's if you have to take a day off school, take a day off school, that's what we said. Um so we had kids off school on Monday willing to play. Um and it went about as as you can expect. Um, people spent the weekend getting the bundles ready, getting the bundles ready, getting the multi-wallets ready, deploying on a thousand different wallets ready to come before the volume. Um I don't think also we had days, we had days advanced notice that's days advanced. We had a week advance notice to what was gonna go down here. Um and people came prepared, people came armed to the teeth. I think that's the best way to put it. Uh it was like the Kim Jon un video. That was them getting ready for Memes Goat Monday. Um they turned up, and I don't think we had a coin cross 400k. I think we had one, I think we had a coin go to 500k maybe. Um and that was the story of Memescoat Monday. Orangey uh lost 4k and he he on stream he just started playing Rocket League and gambling. Just started spinning slots on stream. Um so it didn't go as planned. It didn't go as planned. I don't think people were very, very happy. A lot of people what was the goal?

SPEAKER_02 19:39

Like what was the ideal outcome here that that people expected?

SPEAKER_00 19:43

Uh I think it was just to try and get some volume back in the trenches, have everyone on at the same time and see what happens. Um and it it didn't really go to plan. Uh the last few participants turned up and uh and got burned pretty pretty heavily. Um but I think you know, even from a launch pad perspective, I think it's a good showcase of just how tool how far tooling has come in this game. Um the things you can do right now are absolutely insane to to put it bluntly. Uh the fact that you can have fucking thousand wallets uh on chain, all funded by a hundred different exchanges all at different times, so they can't be time-linked. There's so many games to be played now that the average user can't even catch up. Before it was just like, oh, you know, wallet tracking uh that's pretty interesting for new participants, they can learn that. But now they're faced with death and destruction. Uh that's the only way to put it. Um but bear market things, man. Bear market things.

SPEAKER_02 20:43

Uh so I do wanna I do want to make one comment though. That not everybody lost meme meme coin Monday. Meme scope Monday. Very true. Um I I think it's funny also now, like Wood and I both uh like posted or reposted like multiple uh multiple uh posts or things about meme scope Monday, and now we're on stream acknowledging we didn't even know what it was. I didn't I thought it was a joke. I didn't know it was a real thing that people did, but I've got like two posts about it. However, not everyone lost money on Meme Scope Monday because Wood started trading again on our risk on FOMO wallet, and guess what? I think we're up a thousand I got the notification, I think we're up a thousand dollars.

SPEAKER_00 21:24

Uh I thought we nuked it to zero. I I thought it was zero.

SPEAKER_01 21:29

I just sent you guys a screenshot in the chat. Um I was up, I had doubled our balance yesterday, and then Donald, I was holding downhold, which is a down syndrome. You kept trading, didn't you? You no, I didn't take the win. I did the smart thing. I didn't take the win. I had to hold out for more because I was like, Don, I I I think Donald is funny. It's it's objectively funny to me. And I was like, you know what, maybe it's gonna win, maybe it's gonna go higher, and went to a million, and then you know what Donald did? He did something smart and he said he's gonna end the war probably. And then everyone was like, oh, we're not, we need to sell Down syndrome Donald Trump because he's doing something smart. He no longer has Down syndrome.

SPEAKER_00 22:08

Fuck.

SPEAKER_01 22:09

Oh god, nah. Jesus. Wait. Is that actually what happened? Is that what happened? Oh my god, man. Holy shit. And it candled down like 50%. And I looked and I was like, fuck, I lost like two grand right there. So I sold it for a small win, a thousand bucks. But we didn't lose money on Meme Scope Monday.

SPEAKER_00 22:30

Look at the average hold time. Wow, folks. What's our average hold time? Three days. You know what the average hold time on chain right now is? Any guesses, folks? Three minutes. No, no, no, no. One minute. I'm gonna go one minute. Oh my god. What's the prediction here?

SPEAKER_01 22:44

45 seconds.

SPEAKER_00 22:46

16 seconds, folks. Stop. 16 seconds. 16 seconds. How's that possible? 16 seconds, guys.

SPEAKER_01 22:54

Dude, I can't even do two swaps on Jupiter in 16 seconds.

unknown 22:57

No.

SPEAKER_01 22:59

I'm dead serious.

SPEAKER_02 23:05

Hang on, guys. I'm pulling up my personal FOMO right now. I'm gonna check what my average hold time is. Yeah.

SPEAKER_00 23:12

Uh this brought us out though with a five second hold time.

SPEAKER_01 23:17

Yeah. So, anyways, the risk on pod. We're back. I bought a dude, I did fumble a Pingu coin though. Pingu was hard shilling a coin Sunday night. It was the first coin I bought in a month. And I sold it for like a 3x or something. And it would have been worth like 20 grand for us.

SPEAKER_00 23:32

Devastating. So another big fumble. Another big uh big big uh fumble, the risk on risk on poly.

SPEAKER_01 23:41

Another one, another one.

SPEAKER_00 23:42

Wasn't meant to be Dart on this account seven bags? Or no, ten K?

SPEAKER_01 23:46

10k.

unknown 23:48

Yeah.

SPEAKER_02 23:48

Yeah, but we're up we're up in the last 24 hours. That's all that's all that matters. That's all that matters. That's all that matters.

SPEAKER_01 23:55

We're starting at we're starting fresh. We're gonna forget about our history. It's up only from here.

SPEAKER_00 24:00

They'll say we need a re-apple summon. No, we do not need a reapple summation. That is not what we need. We're good for it. We're good for it. We're good for it.

SPEAKER_03 24:08

We are gonna 10x this one this time. You do not reappless one time. Yeah, yeah.

SPEAKER_01 24:15

You should give gambling addict, not a nice cat 69, unlimited FOMO dollars.

SPEAKER_00 24:20

Unlimited FOMO dollars, yeah. When the risk on pod buys is FOMO buying, guys.

SPEAKER_01 24:28

What's your average hold time swizzle?

SPEAKER_03 24:30

13 days. Jesus.

SPEAKER_01 24:33

You're ahead of the those are bare those are bare markets, those are bull market stats.

SPEAKER_00 24:37

Yeah.

unknown 24:37

Yeah.

SPEAKER_00 24:38

13 days. You guys need to get with the 16 seconds, guys. Fuck.

SPEAKER_01 24:43

16 seconds is too long. It's too long. That's too long. Have you guys been following along with the quantum stuff that's everywhere today?

SPEAKER_00 24:53

Yeah, I saw base 16Z um cracking shorts on it. Uh except yeah. But yeah, it's it's a little crazy. I've heard it all before though. I've heard it all before, although this time does seem a little more serious. Uh it seems like Google have figured out what the hell is going on, and they're warning everyone, going, guys, this is the inevitable doom. You guys need to find a solution, ASAP. But people started buying Bitcoin Cash. Um and Zec. And Zec, yeah.

SPEAKER_02 25:23

I saw that every so this all happened overnight. I feel like while I was asleep, or maybe it started yesterday, but I saw I don't even know if it was related to this news, but yeah, everything seemed to dump except uh the one thing on my watch list was Zcash pumped 10%. So I guess that's the chosen quantum resistant narrative, huh?

SPEAKER_00 25:39

Yeah, yeah, big big privacy guy. You know me, guys, big privacy guy. So I'm very happy about that. But um, it does seem like the chosen one, but I think uh Bitcoin Cash, I think them guys are going wrong. I saw someone say uh buying Bitcoin Cash is like when you if you if you shit on your own bed, if you shit in the bed at night and then you go buy a new bed. That's what someone compared that to. Uh, I think that's pretty accurate. So I exactly. Yeah, that's that's up to the tweet. That was the tweet. It was he's saying if you if you shit yourself in your sleep in your own bed, instead of cleaning the bed sheets and getting uh new bed sheets, you buy a whole new bed. That's what he's saying. Uh that's his comparison. That that tweet had like three K. I don't understand I don't understand comparison, but we'll go.

SPEAKER_01 26:24

I think I think he's trying to say because what they just made an because they forked Bitcoin with Bitcoin Cash at one point, so it's like the shit version of Bitcoin.

SPEAKER_00 26:32

I'm pretty sure that's what he's saying, but it is one of them ones what fits my narrative. So you know what? That's what we're doing. So are you so you're a so you're a BCH holder then? No, no, no. I'm a big Zcash guy. I'm a big I'm a I'm a Bitcoin Cash fudder.

SPEAKER_01 26:44

That's what I'm a Bitcoin Cash Futter.

SPEAKER_02 26:46

So for context, for context, if if you did not hear this, basically Google referenced some re there was a a reason I don't know if it was Google that ran the the uh study or they were just referencing it for their updates. Basically, um there's a bunch of uh uh concern and panic over uh quantum uh like quantum resistance, uh quant like quantum computing developments that people are saying would be a problem for Bitcoin. Ironically, I think it would be a big problem for a lot of other things, and I think I think crypto would be the least of our worries if this happened. But the focus in this space was okay, what does this do to Bitcoin if they don't become quantum resistant? As of right now, in the article, it cites that basically you would need 500. Now you're gonna have to look some of this stuff up on your own, but you would need 500,000 physical quibbits needed in order to basically um break these quantum uh resistant strains or whatever. Uh right now you're at 6,000. There are these tests got from like 1k to 6k. So still super far away from reaching the threshold that would create this chaos and and basically break encryption. But I think the reason people are saying this is far further along than people expected at this point, and because of the way things scale, they're saying uh Google updated, they used to say it was like mid to late 2030s, is when we would have like quantum encryption, and now they updated their uh prognosis to 2029. So hence the panic. Um then our guy CZ came out and he told everyone to chill, right?

SPEAKER_00 28:27

Yeah, cleared it all up for everyone. Uh but still, it's just one of them things that seems to come around every bet, doesn't it? Like I've had how quantum fun I've sat through. I remember I think I was here three or four years ago and we were going through the same thing where everyone was like, oh my god, guys, all our wallets aren't safe. We're so fucked.

SPEAKER_01 28:47

Yeah, so we're clearly nine's pretty close. Yeah, we also didn't have LLMs that were available, like readily available to the public there four years ago.

SPEAKER_02 28:55

Yeah, that's I think that's the fear, is the stuff's all gonna speed up. Uh, I am a little confused by this. We're depth, like, don't take our words because we don't know anything about this. But uh CZ says all crypto has to do is upgrade to quantum resistant algorithms, so no need to panic. Is that like an easy thing to do?

SPEAKER_03 29:13

That's like a pretty easy thing.

SPEAKER_00 29:16

He's acting like it's a one-click.

SPEAKER_03 29:18

Like, oh, it's not a big deal. We just gotta update the software, maybe the post-quantum stuff.

SPEAKER_01 29:23

You know, that's such a Trump line. That's something Trump would say.

SPEAKER_00 29:26

Yeah, guys, no need to panic. We just need to update to the post-quantum.

SPEAKER_02 29:29

I did read this though when it came across, and I was like, oh, okay, we're cool. And then I kind of like started walking away, and I was like, wait a second.

SPEAKER_00 29:36

Wait, that doesn't sound that easy to do. I love how he's added no need to panic at the end. When someone adds no need to panic, it's time to panic, guys. It's time to shit the fucking bed.

SPEAKER_01 29:47

But isn't like aren't aren't a lot of blockchains quantum resistant already? Except for Bitcoin. The Bitcoin, the Bitcoin core people are just like dragging their dicks, and Sailor has all the Bitcoin and no one's like thinking it's a problem. But like ETH is tackling this problem, Zcash is tackling this problem, Bitcoin, even the bed that you shit on is tackling this problem. Yeah.

SPEAKER_02 30:09

I mean, look, the reality is there's gonna be a lot of really smart people working on trying to create the quantum or the post-quantum, whatever it is, quantum resistant algorithms. There's people working on it. But trying to want to your point, it's like the reason it's a big problem is Bitcoin was this the chosen one, right? And it is kind of the most vulnerable. Uh, and then you've got these other similar technologies that are a bit more equipped to handle it, like Zcash. Um, it's just like they're not like the leader, the like the chosen like alpha of this entire asset class. So, like, what are we gonna do? Just have the whole world switch from okay, I know we said Bitcoin, but forget about Bitcoin. Everything we said about Bitcoin is Zcash now. That's kind of hard to do. Um, or maybe it makes Zcash a very good investment. I don't know. Um, but yeah, we'll see. Uh, we have no clue what's gonna happen with any of this. There's no way.

SPEAKER_01 31:05

No one has any clue. Uh, I just sent a link and reposted up. Our boy Jin Tao is on a fucking heater right now. His special Olympics, I just last 30 minutes of tweeting about um about Tao is so funny. That's a Tao guy.

SPEAKER_00 31:23

Bring up the triple Henry, bring up the screen. There we go. Yeah, the Special Olympics. Wow, the Subnet guys are downbound.

SPEAKER_03 31:35

The Subnet guys are in the mud right now. Wait, why? So why is he uh he's an anti-Tau guy, huh? Because it's it's so stupid. Not a big tau guy by the looks of things. Like if I was still bragging about winning the gold in my card.

SPEAKER_00 31:50

Not a big Tao guy by the looks of things. Valid. Not a big Tao guy. Uh I'm a big fan of Jin Tao's tweets uh in the bear market, I've gotta say.

SPEAKER_01 31:58

Yeah, he's very unlikable in bull markets because he's always fudding my bags that I'm like I I'm I'm like the Tao subnet guy in the bull markets, and there's Jin Tao to be like, oh, this guy's an idiot. Um I got into I I've got I've gotten into like two Twitter views with Jin Tao.

SPEAKER_00 32:15

Um I don't remember these.

SPEAKER_01 32:18

Over just meme coins. Him like uh I think it was A16C, which he was calling A16 stupid, which it was stupid.

SPEAKER_03 32:24

Yeah, it was it was so dumb, but that didn't you were like not right now, dude. Not right now.

SPEAKER_01 32:28

We called after I've sold. Um but not right now. Um and then it was a meme coin, I think it was uh it was mustard, you know the Kendrick meme?

SPEAKER_00 32:40

Oh yeah, I do remember that, yeah.

SPEAKER_01 32:42

That uh he called top on at like I think like 15 million or something, and then it went to 30 million. No, it went to like 35, and I danced on his fucking grave. Um and then it went down only from and then it went down. Well, I I I used to be a big grave dancer, I'm not anymore. I'm now like a piece. But that's that's because you used to have a big list of wins.

SPEAKER_03 33:02

So turn the grave dancing will come back, it'll come back.

SPEAKER_00 33:06

So let's pick up the gun here.

SPEAKER_01 33:10

That would involve me winning.

SPEAKER_02 33:12

Which right. So what you're saying is you would still grave dance if given the opportunity.

SPEAKER_01 33:17

I would argue that um that the bear market is a deep lesson in uh humility for everybody, and that um I will come back to the next bull market, a very positive change person who supports everybody.

SPEAKER_00 33:33

Wow, I would give that a week. I would give that a week to you. We gotta clip this because there's six figure lit first six-figure liquid will be back in full action. All of a sudden it'll be tweaks every 50 minutes, every 15 minutes, even going, wow, you guys suck.

SPEAKER_01 33:48

So back before I had like and you know when when my follower account, you know, I don't have a ton of followers, but when my follower account was like sub 3-4K, I tweeted some of the most insufferable clickbaity shit to try to like get my account going, like about like about my wins, and like it didn't matter because no one fucking followed me. Um and now and I I try I'm trying to like do the thing. There's this app where you can like to go back and delete your tweets, like on a rolling basis. I don't know if you guys have seen that before.

SPEAKER_00 34:17

I have not.

SPEAKER_01 34:18

You can like you can set it up where it deletes any tweet older than any time frame. Um, and I was trying to do it because I was like, I just like there's no reason to have like a bunch of tweets at like I have like 25,000 tweets. I do not need 25,000 tweets on the internet. Um so I was trying to set it up, but I can't set it up because I'm a boomer and I can't figure out how to like upload the tweet file or whatever. So I'm not gonna do it. I tried for like 10 minutes.

SPEAKER_00 34:44

I think there's some gems in there. What what we need to find.

SPEAKER_01 34:47

Uh so I went and I saw some of them and I was like, God, you were such an insufferable prick. Um so I guess they're just up there. So if you ever want to.

SPEAKER_02 34:57

So this is a good segue, actually. Um, speaking of wood being a boomer, would have you opened your Mac Mini yet?

SPEAKER_01 35:04

Nah, dude.

SPEAKER_02 35:06

It's just a shtick at this point. You have no intention of of doing the of you have no intention of getting open claw set up, do you?

SPEAKER_00 35:14

You actually never, you don't even need to anymore.

SPEAKER_02 35:16

You don't even need to.

SPEAKER_00 35:17

His laziness has paid off. What happened? Well, it you can just do it through Claude now. Uh Clawed at the South. Yeah, yeah, you don't really need open claw anymore. Um, and it's it's just better to do through Claude because it has a context window that's bigger. So I want to talk about that a little bit.

SPEAKER_02 35:32

Have you Sats have you have you migrated over from OpenClaw? Are you just using Claude? Is it co-work or what is it? Claude Computer?

SPEAKER_00 35:40

Yeah, yeah. I'm just using Claude now. I'm just a clawed guy. I'm off open uh open claw. I do still use my Mac mini, but I I'm just a big clawed guy now. Uh I realize he's better than everyone.

SPEAKER_02 35:51

Um so I was uh I was talking to Print, friend of the show, our guy Print, uh, who's like super into all he's been playing around with everything. And I was like, damn man, like I spent all this time getting getting comfortable with open claw. I feel really like locked into a rhythm with it. I was like, do I have to just dump all this? He was saying you can't import your memory from open claw over. So I was like, do I have to start over? And he said that he's actually been playing around with both, and he thinks some of the stuff we're seeing on the timeline about open claw being dead, about Claude Cowork being, you know, having killed it and everything. He said it's not true yet, like probably in the next couple months, he thinks, but he still said he thinks OpenClaw is better.

SPEAKER_00 36:34

Um I think I think it runs the risk of like you have this massive context window. Um, because obviously Claude is picking up what you're saying, and then you open new chat windows and it will reference back to your other chats. I think that's what you'll miss out on in a few months. Um if you don't switch now. So I think you're just delaying the inevitable. That's the way I viewed it anyway. Um, so I was like, let's just get this out of the way now. Um so in a few months it will be more attained to me instead of starting from scratch.

SPEAKER_02 37:04

So, but it in your experience and using it right now, is it relatively the same functionality-wise, or do you notice any differences, things you like better about one versus the other?

SPEAKER_00 37:15

Relatively the same in functionality, however, it's way better on the coding side. I've got to say, like everything, yeah, it's it's a like every time I use it, I'm like, fuck, this is honestly just like world-changing. And I I still believe people haven't caught up. Like the whole like the everyone in Web2 and the normal world, uh, so to speak, hasn't caught up to what this is actually capable of and how many jobs this wipes off the map. Um, and I think there's a big gap there for a lot of people. Um I think there's a big gap what hasn't been exploited yet, just in people even creating like fucking job titles, um, and like data analytics and going to loads of small companies and saying, look guys, you guys can fire all your data analytics, guys, and I can do it all for you. Um using this. I think there's a big gap in the market for someone doing that and cleaning out a load of web 2 jobs and just traditional jobs that hasn't happened yet. Um maybe we're not there yet, but in my opinion, I think I feel like we are, and if we're not already, we're very, very close. Um, so I I think there's a big vacuum coming. I know a lot of people say that, but I just still think it hasn't hit the real world.

SPEAKER_02 38:26

Like so when you say that, like Wood, sorry, you're gonna have to you're gonna have to bear through some of this stuff with us because I know the Mac Mini box is closed, and uh the Claude account. Well, I think you said you paid for all the accounts.

SPEAKER_01 38:40

I paid for everything, I have it all, and I've actually started using it. I've been trying to like do like interior design work with it. That's my extent of using it. I'm like a boomer chat GPT guy. Everything you guys are talking about, I'm like, I don't fucking know. I'm gonna learn and listen.

SPEAKER_02 38:54

Okay, but it's a good search engine for you right now. You like basically like that.

SPEAKER_03 38:57

Yeah, I like that. Yeah, it's a start.

SPEAKER_00 39:00

It's a start. Uh I'm gonna say it's better than the like uh I I actually go to it over Google every single time now. Like if I don't know how to do something, I'll just say, like, can you just walk me through this? Like, you can't do it.

SPEAKER_01 39:11

Yeah, that's what I do. I mean, I mean, like, that's how I use it. I if I if I don't know how to do if I don't know how to do something, or like you know, I I'm trying to if you're like trying to like like buy something and model out how a big purchase impacts your financials or whatever, like you can do all that shit for you. That that's how I use it.

SPEAKER_02 39:26

Yeah, yeah, yeah. So Sets, walk me through this, and I'll give you the reason I want to talk about it today is like I I was at a bachelor party this weekend, right? And a bunch of guys in the Midwest, they they uh have heard of all this stuff, but they really, they really hadn't used any of it. And so they're peppering me with a bunch of questions, like, okay, so it's cool technology, whatever. What do you actually what do you actually like accomplish or use this stuff for? What would you say are like the use cases right now you're using Claude or Claude Code or whatever for that are like material things that are not just oh, this is really cool technology, but like like within your workflow that are kind of game changers for like how you're doing things? Like, give us a couple examples.

SPEAKER_00 40:08

Well, for me, like obviously I'm trying to build this uh app what I haven't told anyone about yet. Um but we built that from scratch with this. Yes, like we have some decoding knowledge ourselves um and what to do and how to implement things, which it does help a lot. But even from someone who comes from a technical background and my friend who comes from a bit more technical background than me, this stuff changes the game as in it cuts our workload by the times a hundred, honestly. The things that it would have taken days now take minutes. Um I don't think that's something to be underestimated. And the things it can do as in the things that don't require creative activities, so jobs that don't require personal relations or creativity are zeroed because it is actually just better 100% of the time. Um and I just don't think that's hit the real world yet. I use it myself for pretty much like anything to do with finance related now, uh, I would rather ask Claude. Like if I have any financial questions, I ask fucking Claude. If I have anything, it has all my portfolio loaded into it, like has all the numbers loaded into it. Um if I have any questions on on uh like I was looking into plasma a lot, I asked fucking Claude. I don't it just replaces so many different things that I don't think a lot of people use it, and I don't think a lot of people have really dug into the actual use cases and how many things they implement into now. And I I this was shocked, I was shocked by the other day when I looked at this and how many SAS products they integrate with is fucking incredible. And some of the BD roles, some of the traditional BD roles um in tech before, this now replaces it. Like people writing personalized emails to tech leaders to try and get the first meetings and try and get that open door. This now replaces that whole ecosystem, which also changes uh how BD will work, but it integrates with things like Zoom info and just loads of display hundreds of SAS products. I was shocked. So I still think it's gonna take a few years for or maybe a year or so for people to really catch up. But I think it's uh we're getting there, and it's getting getting there fast, faster than people will imagine.

SPEAKER_02 42:22

Well, I'll I'll tell you guys, like, and I've shared some of the stats, like you and I were going back and forth. I shared some of what I was doing while I was like basically coming up with my rules system for it and everything. But uh, and this is on op this is on open claw through a claude subscription, but like I've not automated in the sense of it executing trades, but in terms of my trading, like I I refer to like I have conversations with my open claw and it has all these alert custom alerts and things set up that's really guiding me through like any position entry or exits that I'm doing. And it is truly game changing in the sense that it's like it made me realize holy shit, man, I was a bad trader. Like maybe I did well results-wise at times, but like it made me realize like how much of the information that it's available out there to people, I was not factoring into decision making. And like this stuff helps you create it, like you can create a rules-based system and all that. Like it was, it's wild. I literally, so like, for example, I um I plugged into Coin CoinGlass, has a an API. They have all these different levels, but for like 30 bucks a month, you can get all of this crazy robust, you know, derivatives data, spot buying, like the whole picture of everything that's happening. That's this is what like institutional desks are probably using a more advanced version of this. But like I basically just plugged that API key into this, and then it is helping me create all these like flags and monitors. I say, Hey, I'm interested in Zec. I'm interested in Tau. Like, I want to monitor this is my BTC and my high. Positions, I want to monitor them. And it like has just created this robust thing where basically it's like flagging me every time I need to have attention to it. You know, I'm interested in finding an entry, it'll it'll argue back with me. Like, I wouldn't do it here. I would wait for this area, and then let's look at you know what funding rates look like there. And now that you know, I think it's like the same thing you're kind of talking about on the coding side, Sats, where it's like once you get a taste of it and realize like the extent and the like the scale of what it can do, you're like, holy shit, I can't go back to doing things the other way. Yeah. Because it's like I just have access to so much more information. It can be organized for me, and in it does it so quickly, it digests it so quickly. Like, it's like I could do all this stuff on my own theoretically, but I would have to sit there at a computer for four hours and like come up with a brainstorm. Whereas it packages it in three minutes.

SPEAKER_00 44:57

You know, it's truly insane. It's like I think a few months ago, you could open up a site and be like, this is vibe coded. Like this is what, like, just by the look of it, you can you can look at it and go, This is vibe coded. But now you if if if the agile dev is behind, you cannot tell. You can't tell. Um, and I think that OD just accelerates and accelerates and accelerates as time goes on, even weeks go on now. Like things are getting better by the week. Um and yeah, I think things have like I think uh this is what everyone knew, it's drastically gonna change the coding side. And I think it has. I think it has. If a if a retard like me can can can create something that we've even created uh here, obviously I haven't we haven't showed it to anyone or anything, but like, yeah, it's uh if we can do this, then you know, the the gap to creating software just went to zero, and I think that changes the whole landscape of everything, for especially VCs as well, because where does that leave down? Like now they can they can only back the founders, they can only back people, they can't back any software. But like I think that that maybe changes. I don't know how that looks like in say five years' time. But like, do people pitch themselves over products very, very soon? And they're like, guys, we need funding, but we're thinking of an idea that you're gonna back us as a group instead of you're gonna you know we're gonna come to you with a product.

SPEAKER_02 46:19

I I think I think this may sound like a it's basically what you're saying. It may sound like a heavy statement or a crazy statement to make today that's I think is going to be commonly accepted in the not too distant future, is that we used to live in a world where tech technology gaps and like technical ability was a very was the primary defensibility, the primary moat for having an edge in whatever you were building. I think very soon the technological gap is no longer a moat. There's not a technology moat or defensibility in whatever you're building, not code-based at least. And therefore, when we talk about motes and we talk about like what differentiates your product in an industry, I think it's going to be about, like you said, creativity, uh, ingenuity, like um whether that's you know, there's there's a bunch of different ways. It's gonna be subjective, it's gonna be based on how you can frame it. I think that the technological moat is disappearing if it's if not already severely disrupted. So, you know, it's just it's gonna be a totally different world. I I think VCs are gonna have to adapt to it just as much as founders, to be honest. Definitely.

SPEAKER_00 47:38

I I'm I would love to have someone on who would have who would be really honest about their stance on it, like from a VC. Um because I think it's an interesting angle, because like where do they what are they planning for now in in two years ahead? Like, I generally don't know because you cannot back software anymore. You can't back it just you can't be like, wow, this is a great product with a great PMF, um, with a great tab. You can't do that anymore because someone could vamp the product and you have to back people. Um and obviously they were doing that before, they were backing people, but now it has to be your main uh your main thing. You can't even consider the product. So yeah, interesting time for them, but uh especially crypto VCs as well, because it's like where the fuck do they even turn to?

SPEAKER_01 48:20

Um yeah, I mean there's nothing, I mean, what have we built? Go back to crypto. I mean crypto, what have we built that is still here and still worthwhile outside of DeFi products in the last five years?

SPEAKER_00 48:33

Nothing, man. Nothing, yeah, nothing is crazy.

SPEAKER_01 48:37

I mean, gaming didn't work, meta didn't like the uh the whole metaverse didn't work. All we have left is DeFi products. Um and we're back to the core thing of you know transferring money easily. And stable coin yield. Stablecoin yield and Bitcoin. And Bitcoin's about to get hacked. So where are we? But we what you guys say is interesting. So basically, what you're saying for someone who's who's a boomer is that being um being technologically savvy, like no longer matters because everybody has the same tools available to them. I can be as good of a coder, you know, in theory, as the most educated. I can build a product as technologically good as a computer science nerd. Yeah, very soon. Yeah, I very soon I will be able to. Um I can't do it today, but I will be able to soon. So those people who once had value for their brains no longer have that same value because it's been democratized.

SPEAKER_02 49:40

That yeah, I I think we just have to redefine what it means to be technologically savvy. You know what I mean? Like now understanding how to how to prompt, like being there's this new term being a prompt engineer, like that is going to be technologically savvy. Like those who have a lot of experience figuring out how to talk to their Claude or their, you know, Chat GPT or whatever, like figuring out how to construct these things is something that would like you can do just with practice. You don't have to learn how to code anymore. Like you can everyone's starting from the same playing field now. Some people have jumped into it right now, but like it's kind of like a new era, and it's like everyone starts from from ground zero. And I think playing around with this stuff, like you can get really good at whatever's here now, and that stuff might be obsolete like two months from now. So it's like then who's gonna adapt? Who's gonna start focusing on the next thing? And like I think just playing around and experimenting, it's it's kind of a reset where everyone has a chance to really be in the game. And of course, having a technological background, like you're saying, Sats, like that'll help. Maybe it'll shorten the learning curve. But this stuff is kind of all new. So I think everyone's figuring it out. And it's just a matter of like, you know, some people are gonna say, uh, maybe this is overhyped and they don't believe in it. They could be right. Some people are gonna say, like, I think this, you know, this is groundbreaking, this is a new paradigm, and they're gonna dive all into it and they're gonna become experts on the subject matter. I think there's probably a lot to gain from doing that right now. Um I think so too.

SPEAKER_01 51:12

And the funniest thing is that us crypto guys that don't work are uniquely positioned to do that. Yeah, we have nothing but time on our hands.

SPEAKER_00 51:19

Yeah, nothing else better to do than fuck around with AI and uh figure out. I saw I saw this one thing of uh two Asian guys, two young Asians, I think they're both 18. They went from zero, like no product, just an idea, uh, to a full working app in the app store in four days. Um and now it's producing revenue in four days. And two years ago that's not impossible. Yeah, so that that was that was one of the craziest stories I saw, even though it's just a small thing, they haven't made a lot. But to go from literally just an idea in both of their heads to an app deployed on the app store, approved by Apple in four days is fucking who who is gonna make the pump phone of apps. Wow.

SPEAKER_01 52:00

Billion dollar idea.

SPEAKER_02 52:02

Me now you've mentioned it.

SPEAKER_01 52:03

Billion dollar idea.

SPEAKER_02 52:04

I will I will say this be careful of the AI slop because there's a there's gonna be more AI slop than there is crypto slop out there. When you're on your timeline, like I already uh uh man, I there's so many examples I could give, but you're seeing all these things go out there about like, oh, this you know, this ClaudeBot uh turned$200 into$2 million on polymarket or whatever. Like this stuff is all not there, people are just putting clickbaity stuff out there, and it's kind of hard to disprove, but then you go down the rabbit hole and it's like, okay, I just wasted a bunch of time trying to set up this thing and it doesn't work. Um just be aware that you're gonna see so many wild, ridiculous claims from people that are probably mostly you know baked in bullshit.

SPEAKER_00 52:50

Yeah. Wait, what define the pump fun of apps's brain is turning.

SPEAKER_01 52:57

You just said that you just said that years ago you couldn't um, you know, you'd you'd have to code an app, then you'd have to apply it to get on the app store, get approved. Who's gonna make it so you just like type in a few lines and describe what you want your app to do, and then it gets auto-approved and pushed into the app store?

SPEAKER_00 53:13

Wow, but then uh that could lead to so many problems. I'm aware.

SPEAKER_01 53:19

What do you think happened with pump fund tokens?

SPEAKER_00 53:21

Yeah, it's really a lot of problems. Yeah, very, very true.

SPEAKER_02 53:24

Let's not create the pump fun of uh of whatever this is.

SPEAKER_00 53:29

Let's no more pump funds, please. Let's tokenize every app. Fuck it, guys. Let's tokenize every why not?

SPEAKER_01 53:35

We should tokenize every app. We should tokenize the revenue of every app.

SPEAKER_00 53:38

Wow.

SPEAKER_01 53:39

I love that.

SPEAKER_00 53:40

Ideas coming out the risk on pod, guys. Someone goes.

SPEAKER_01 53:42

Guys, did you see that the Iranians just gave up?

SPEAKER_00 53:46

Really? No.

SPEAKER_01 53:48

Yeah?

SPEAKER_00 53:48

What right now?

SPEAKER_01 53:50

It's kind of the market's pumping.

SPEAKER_00 53:53

We're up 1%. It can't be that good. Would we've seen that?

SPEAKER_01 53:55

Go look at go go look at stuff.

SPEAKER_02 53:57

We've done this, we've done this before.

SPEAKER_01 53:59

Oh, I'm just saying.

unknown 54:02

Stocks are up.

SPEAKER_01 54:03

Stocks are ripping.

SPEAKER_02 54:04

Didn't the didn't there was someone from Iran? Hold on, we gotta pull this up because of what you're saying. Uh there was some like Iranian uh political leader who posted like, whatever you see, do it's the opposite. Uh do you know what I'm talking about? Um I don't know how to find it.

SPEAKER_01 54:20

Um Jez is Jez posted five minutes ago bottom.

unknown 54:29

Ah.

SPEAKER_01 54:29

Hard bottom.

SPEAKER_02 54:30

Oh, nice. Okay. So Jez is declaring an end to the US Iran con.

SPEAKER_01 54:36

Jez is declaring an end. Our boy can go, Jez. Isabel Ezz is posting a video of a school-aged Asian girls holding hands, running on trains and touching hands and shit. Um say bottom.

SPEAKER_00 54:52

Big.

SPEAKER_01 54:53

So that's that's our hero. But Jez is a smart guy.

SPEAKER_00 54:56

I've actually just seen that six minutes ago. Wow.

SPEAKER_01 54:59

I believe Jez called bottom back in October too, though. And this is just another one. If you see anyone calling bottom, they've probably tried it. It looks as though he just keeps deleting them.

SPEAKER_02 55:11

That's smart. That's a good time. Because he's gonna get to do a hell of a victory lap at some point.

SPEAKER_01 55:17

Yeah, but but I think he's doing it ironically because he keeps he keeps commenting underneath the last one and then deleting the one above it, and then keeping the comment up. So you can see his bottom.

SPEAKER_03 55:27

How many times? So how many times have he done it?

SPEAKER_01 55:29

Six. I think that's what he's doing. Let's see here. Hold on. Oh, this is good. One, two, three, four, five, six times. I'm bullish jazz. I think that's what he's doing.

SPEAKER_00 55:41

That is funny.

SPEAKER_01 55:42

I think it's an ironic bottom call. So it's not the bottom.

SPEAKER_02 55:46

Wait, so that's so it's not it is or is not the bottom.

SPEAKER_01 55:49

I don't think he's really calling the bottom. That said, I'm desperately looking to offload equity exposure. So let me get let me get higher. Wow.

SPEAKER_00 55:58

I don't I'm not seeing anything of the Iran war being over, my timeline. Maybe people I asked the same thing.

SPEAKER_01 56:04

I asked in my timeline. And then I asked one of my uh former Israeli soldier quants, and he sent me a news article that said, uh, Iran's president, we're ready to end the war, but we want guarantees.

SPEAKER_02 56:18

Oh, okay. So this is like uh I know Balaji tweeted something out that was he's our geopolitical expert now, too. He was calling it like a fake end of the war, but it's best for everyone.

SPEAKER_00 56:34

Okay, so it's a mutual agreement that this shit sucks, and uh we're trying to get back.

SPEAKER_01 56:42

Yeah, I mean, I mean being being bombed is not I mean that's I mean Sats as a war survivor yourself. Yeah, being bombed isn't great.

SPEAKER_00 56:53

No, not fucking ideal, I gotta be honest. Uh not ideal, however. Very crazy, entertaining when you're there. Missile flying past, you're like, wow, fuck me. No days boring. Uh but not.

SPEAKER_01 57:07

I probably shouldn't be calling you a war survivor because that's in not in good taste. I'll take the title.

SPEAKER_02 57:15

If you're giving it out, I'll take it. Yeah, we're we're it's come the wheels are coming off right now. We've we've lost things to talk about.

SPEAKER_03 57:25

That's the best way to the wheels have come off.

SPEAKER_01 57:28

I was gonna end the show eight minutes ago in full transparency. You guys were like talking about a bunch of AI shit, and I was like, I don't know what the fuck you guys are talking about. And I'm just gonna end the show. I don't know what I was like, well, I can't talk about anything, so like I'm just gonna end the show because I have nothing else to say. But I was like, wait a second, that's selfish of you. These guys have things to say, they should continue talking. So I didn't end the show, and then we ended up here with me coming up.

SPEAKER_02 57:51

But we're an AI podcast now. It's time for you to we're gonna we're gonna end this stream, and it's time for you to do the great unboxing. Maybe even post it on the on the Risk On account.

SPEAKER_01 58:02

I I will video myself unboxing it, and maybe maybe it would be really good content if we could like if I could like watch my screen and uh whatever I could video my screen. I don't know how to do it live on stream. Can I video a screen? You can video a screen and repost that, right?

SPEAKER_00 58:17

Yeah, what does that even mean? Video a screen. What do you mean video a screen? You mean take a video?

SPEAKER_01 58:21

Like take a video of my screen as a guy. I'm not even that old. I'm not just I'm just like whatever. Uh yeah, you can't do that.

SPEAKER_00 58:29

You can't do that.

SPEAKER_01 58:31

So maybe I could do that and try to teach myself how to use it, and everyone could laugh at me as I struggle.

SPEAKER_02 58:38

But it would be it would be good because you're in the same place as the average American right now, or or I am, yeah, it's true.

SPEAKER_01 58:46

Everybody I know in real life is is is AI dumb for the most part.

SPEAKER_00 58:51

You could be the you could be the uh the onboard guy.

SPEAKER_01 58:53

I could be the AI guy. I'm already like the token crypto guy.

SPEAKER_00 58:57

Yeah, I'm already douchey as it is. It's a great segue. Your neighbors now now you use the AI guy, not the crypto guy. That's a big change. That's a bullish. That's a nice buzz.

SPEAKER_02 59:05

That's a nice buzzword adjustment for it. I think that's gonna play nicely. That's a big one. So in the neighborhood.

SPEAKER_01 59:10

What do you do for a living?

SPEAKER_00 59:11

You know, AI. AI play.

SPEAKER_01 59:14

Like artificial intelligence. Like you work for another company? No, no, no. I do it.

SPEAKER_00 59:21

Artificial intelligence. You guys fucking need to get with it. Like, crypto, I don't know what that is.

SPEAKER_02 59:26

Wait. Guys, you guys are you're you're making jokes, but I literally, I told you I was in bachelor party is basically what my answer was. So what do you do for work? And they're all like, I'm a consultant, though. I work, you know, I do this. I'm a teacher. I was like, uh, you know, I've been playing around with different this and that.

SPEAKER_03 59:45

I've been doing some AI stuff. Doing some AI stuff. All right, just try to change the subject. Next episode.

SPEAKER_01 59:53

Yeah, then you try to change the subject and hope they don't ask any follow-up questions. Yeah. Um, all right. We'll end here. Maybe by Friday this week, I will by next episode I'll I'll I'll have a starting point and I'll be I'll be able to contribute to our new AI podcast. Um, big change. Big change.

SPEAKER_00 1:00:12

Big AI guys now.

SPEAKER_01 1:00:13

We'll be back Friday. Um uh 12 o'clock. Good chatted, guys. That was fun. Um go download FOMO today. Go trade down down old, who isn't so downled anymore.

SPEAKER_02 1:00:26

Are we shilling coins on the maybe copy trade the risk on uh FOMO? I'm not shilling a chill. We're out here making money. We're out here making money.

SPEAKER_01 1:00:33

I was making a joke and realized I was shilling a coin. I was not shilling a coin, I was making a shilling coin. We'll be back Friday. See you guys.