AI’s First “Oh, Shit” Moment | EP 54

Covering:

- Anthropic’s new Mythos model
- TAO loses its biggest subnet and nukes
- Equities and crypto pumping, even Monad!

And more.

Transcript

SPEAKER_01 0:00

Good morning, good afternoon, welcome RISCON episode 54. Uh brought to you by FOMO. Uh best trading experience in crypto. Go download it today. Promo code Riscon. Trade with us there. Um see what's going on in the trenches. Um and uh yeah, we're here today. Uh SATS Swizzle, like always. Actually, a lot to talk about for the first time, which feels like in weeks, actually.

SPEAKER_03 0:25

Yeah, it's been uh it's been a pretty bit of a ghost town up until uh uh up until today and or this week really.

SPEAKER_01 0:32

It's still the ghost town. I feel like it was quieter on I I I tweeted this the other day. I feel like it's quieter on days when the coins go up now than it is when the coins go down because everyone's either poor or owns no coins.

SPEAKER_00 0:45

Today's an interesting day though, because I feel like it's the first time coins are going up, and there's like a lot of interesting stuff that happened. Some good, some bad, some like we're trying to determine which direction. Very intriguing, but like I don't know, there's a lot, there's a lot happening, and I feel like we've for weeks been coming on the night before, the morning before, like, hey, what do we talk about? But we got no shortage of real stuff going on today.

SPEAKER_01 1:16

Yeah, we actually did our notes for the show and we're like, holy shit, we have a lot to talk about today. Yeah, this is great. Sats and I did an episode a week ago today where we just I think we just talked about nothing for an hour.

SPEAKER_03 1:27

Yeah, we just talked about absolute shit. I think we were talking about sending me to the the straight uh mountain.

SPEAKER_00 1:35

Yeah, straight over getting real with that's right behind you on your screen. That's actually straight back there. Found live condo out there, yeah.

SPEAKER_03 1:47

Quite literally. That's the way the risk of now. So it's gonna be like Gainesy with the the the war the live war stream.

SPEAKER_00 2:01

Why did he just stop the stream? He's like, all right, yeah, it's the shelter.

SPEAKER_03 2:05

It's a shelter.

SPEAKER_00 2:06

Crazy.

SPEAKER_03 2:07

Crazy.

SPEAKER_01 2:08

Why did Gainesy move to Israel? Does anyone know? I don't know Gainesy at all. I think he's from the big Jew.

SPEAKER_03 2:12

I think he's from the big Jew, yeah. He's a big Jewish guy.

SPEAKER_01 2:14

He does not sound like Israeli guy. He sounds like an American.

SPEAKER_03 2:19

I think a lot of them are like that though. A lot of them, a lot of them have that, you know, there's a lot of a lot of them.

SPEAKER_01 2:24

Is that what you're saying about my people? You're just calling us that.

SPEAKER_03 2:28

Yeah, a lot of them guys, a lot of them Jewish guys, a lot of the Americans just go like Israel, Israel's looking is so much better. Maybe you'll get there one day, would maybe you'll be like, wow, I'm so Jewish, it's time to go to Israel. It's time to go to Israel.

SPEAKER_01 2:40

Like, I could do that if I if I so decided, they would welcome me with open arms there.

SPEAKER_03 2:45

What's the taxes like in Israel? I don't know. But imposing big, big, big taxes.

SPEAKER_01 2:51

I mean, they've got a big military to support. I'm sure it's not great there either.

SPEAKER_03 2:55

Yeah, I can imagine.

SPEAKER_00 2:56

This is what makes stats a good podcaster, guys. He can just confidently talk about things. He's no one about the Jewish people. No one he's actually an Israeli tax expert as well.

SPEAKER_01 3:10

Yeah, the Jews, speaking of speaking of Jewish Americans, they are very angry that Kanye West just sold out a bunch of concerts in LA.

SPEAKER_00 3:17

Yeah. Is Kanye going back on tour?

SPEAKER_01 3:20

Yeah, he sold out back-to-back nights at SoFi Stadium in LA. Like 80,000 people back-to-back to nights. They look crazy as well. It looked awesome. Yeah, it looked awesome. You know, he got banned from the UK. He got banned from the UK. The uh uh British Jews hate Kanye, and the American Jews are not thrilled that all the non-Jews went to his concert. Yeah. So I don't know. That's that that's what the American Jews are focused on today. Um, what crypto people are focused on today, though, is uh everyone's calling monad the next Solana right now, and the price is pumping. I log in, I'm seeing everybody comparing it to that. I got a I got a message uh two days ago in the uh Boogle chat, someone saying that this is gonna go on the Solana playbook. Watch out.

SPEAKER_00 4:10

Nice in the Google chat, notorious uh monad seed investors. I will say in from extremely early.

SPEAKER_03 4:20

No bias, no bias here at all.

SPEAKER_01 4:22

I I I was Boogle uh exit liquidity, so I am not a seed investor. I'm I'm I'm a new Boogle. Um we but anyways, the Boogles were some of the core initial people behind Solana though. So there is maybe a little I don't know Alpha there?

SPEAKER_03 4:42

I mean maybe I have no idea if the telephone uh alpha after the after the charts ripped. Uh he's he's telling you, he's telling you this is the next Solana while the charts are up 2x. The charts up 2x.

SPEAKER_01 4:53

2x is nothing. If it's the next Solana, it's gonna go up 50x.

SPEAKER_03 4:57

Uh true, true, I guess, I guess.

SPEAKER_01 5:00

But so, anyways, the reason I bring this up is we famously have been monad haters.

SPEAKER_03 5:04

Bill Monday's stream was big. You could say you could say that.

SPEAKER_01 5:07

Bill Monday's stream was big. When Bill Monday came on and said the most bullish thing on the Monad blockchain was uh digital beer pong, we all were kind of like, what? That was Bill.

SPEAKER_03 5:18

Great guy, nice guy, by the way. No hate on him, but yeah. Um great accent.

SPEAKER_00 5:24

Yeah, so I am curious. I am curious, Wood. What's uh is this like the the early rumblings of like this is gonna be a speculatory pump? Or like is there anything that happened on Monad? Literally anything that happened. TVL is slowly grinding up. Uh what are we at on TVL? Do we have go from$1 to 9?$1 to 9. I ask this because I know there's a similar movement happening right now. The next hype. The next hype is lighter once again. I have a lighter run. I bought lighter. I I have to admit I've been thinking about it because not because I believe in it, but because I see this groundswell of people starting to say, you know, and I did pull up the fundamentals, I pulled in terms of like the sorry, not fundamentals. I pulled up the revenue mode. Fundamentals, guys, now not fundamentals. I pulled up the fundamentals. I just couldn't call anything a fundamental.

SPEAKER_04 6:18

Fundamentals, levels.

SPEAKER_00 6:21

I pulled up the volume data, and uh it it does look better than expected, but I'm reading it. I saw someone posted that it did like 60 billion in volume compared to hypes 340 billion or whatever over uh I don't know, was it over a monthly or whatever? And I was just like, I haven't heard of one person using lighter. So how did they do that much volume? Like, do any of you know anyone who actually uses lighter?

SPEAKER_01 6:48

I do I know big, big ass whales that use it actually, because I think they're farming it still.

SPEAKER_03 6:55

Is the fit is the uh don't they market it as no fees? They do.

SPEAKER_00 7:00

Like so is the point, is there a points program still going? I thought that was over.

SPEAKER_03 7:03

I think yeah, I think that's over. I think that's over. That's why like why would you be? I think a lot of I I do know a lot of people who trade a lot of size, they trade they say hype's fees are pretty brutal. Um I know I know light has cheaper fees. I think that's it.

SPEAKER_00 7:19

In any case, I didn't mean to detract you from the next Solana wood.

SPEAKER_01 7:22

I was just uh Oh no, no, that we were gonna talk about both of them, so this is great. We can talk about both of them at tandem. So I just sent uh Monad DeFi TBL uh screenshot in the chat, Henry. You can toss that up there, but it's slowly grinding up. It started at one so it launched at like 170, and now we're at 375, 385.

SPEAKER_03 7:41

Chain revenue 4.7k.

SPEAKER_01 7:44

Chain revenue 4.7k. So these are the stats of the next Solana.

SPEAKER_03 7:52

That is crazy. I you know what? I hope for that.

SPEAKER_01 7:54

That feels like a reach to me.

SPEAKER_03 7:56

Yeah, it seems like a little bit of a reach with uh chain revenue sitting at a nice sub 5k.

SPEAKER_00 8:01

Uh wait, is that in that's not in millions? That's uh just the numbers. No, that's just 4,000.

SPEAKER_03 8:10

They've made for like how much did they raise?

SPEAKER_01 8:12

They raised the 513 million, so that's right there.

SPEAKER_03 8:15

500 530 million, and the revenue for the chain is five that a sub five thousand dollars. This is I'm gonna confidently say maybe I'm a big big non-monad guy here.

SPEAKER_02 8:25

This is not the next Solana.

SPEAKER_00 8:27

So, where where are all the buybacks they're doing coming from? Is that just like a treasury? Because I saw something about like 30 million in buybacks over I don't know what period.

SPEAKER_03 8:37

To be fair, actually, maybe it's unfair for me to say based on uh the chain room, since you know Solana was probably sat here at one point as well in the bear market last last cycle.

SPEAKER_01 8:45

But and I think that's the point that people are making.

SPEAKER_00 8:49

Now the reality is we can we can go through these numbers. The reality is uh in Airbnb. And this is at sitting below 400. So anything can happen here. All right.

SPEAKER_02 9:04

Wait, Solana done how much?

SPEAKER_01 9:06

55k in 24 hour revenue. How much did Pump Fun do? East did 42. Uh I kind of see that. I'm on DeFi Llama. I have no idea. Because this is like my first time every Pump Fun this tool before.

SPEAKER_02 9:22

Are Pump Fun making more on paper than Solana?

SPEAKER_01 9:25

Correct. Okay. BonkFund Professor.

SPEAKER_03 9:31

I don't, I don't, I don't that doesn't seem right to me. That doesn't seem right to me.

SPEAKER_01 9:37

Plasma did 34 bucks.

SPEAKER_00 9:43

No way. Who did the 30 who did the 34? Bro, they're up to the transaction.

SPEAKER_02 9:52

Yeah. Tron in Plasma the other day, Set. Tron done a million?

SPEAKER_01 9:57

Tron's a beast, man. Tron might be the biggest thing in the world.

SPEAKER_00 10:01

Have you guys looked at the Tron chart actually? It's just it just doesn't go down. It's just grind.

SPEAKER_03 10:07

Is Jason just grinding son? Or is it Justin's son just doing a fucking number on this chart? Holy shit, the chart looks really good.

SPEAKER_00 10:13

Yeah. It always looks good.

SPEAKER_03 10:15

Yeah.

SPEAKER_00 10:17

It just is like secretly like the stablecoin chain, I think. It is.

SPEAKER_01 10:21

It's the international stablecoin chain. People are people are calling like people are calling plasma or whatever the next stable coin chain. Justin Sun already built it. Us Americans just don't see it.

SPEAKER_03 10:31

Henry, you might be able to bring this up. Look at this chart on the weekly. This is fucking insane. Um, and yeah, I all I know is in Dubai, you go to buy something in crypto, you say, Oh, can I can I pay in crypto? This could be for anything, it could be for fucking apartments, this could be for cars, this could be for anything. And they go, Yes, we accept Tron. And you're like, What about Solana? They're like, No, Tron wait really crypto. Yeah, yeah.

SPEAKER_00 10:53

I assume no one used it, and it was kind of like this, yeah, like the Justin Sun manufactured thing.

SPEAKER_03 10:59

Yeah, no, they they just love Tron out there. And I I've I've had this conversation, like arguments. I'm going, like, why? Why uh why Tron? Like, I don't want to bridge the Tron. Can you just take Sol? Can you just make us make a Phantom account and take Solana? And they're like, no, no, like we are Tron only guys. I'm like, guys, why? You work off an exchange, like I'm sending it to a Binance account, it doesn't make any difference. But they're just not like, I don't know. I've been told Tron only, so that's all I'm doing. Yeah, I don't know what's going on with uh the Middle East and Tron, but dude, that's a sexy chart though.

SPEAKER_01 11:28

It's a really good looking chart.

SPEAKER_03 11:30

It's a really good looking chart, and no one speaks about it. No one speaks about it, not a lick.

SPEAKER_01 11:34

So people just call Justin Son a scammer. Yeah, yeah, but maybe he's got one of the best looking long-term alt charts in all of crypto. Maybe the only alt chart that looks like this in all of crypto.

SPEAKER_03 11:46

Honestly, honestly, perhaps. Uh the only, yeah, uh 100%. Look at anything else.

SPEAKER_01 11:51

I mean, that just kind of looks like the Bitcoin chart.

SPEAKER_03 11:55

Yeah, yeah, it kind of does. What the hell is going on here? Uh maybe we're sleeping on a hidden gem here. Do I need to buy some Tron?

SPEAKER_00 12:02

So, year to date, as of April 2026, uh Tron is number two only behind Ethereum. Ethereum's still the largest stablecoin chain by total supply. As of April 2026, Tron sits at 87 billion, having added 6.1 billion dollars year to date, the most of any chain so far in 2026.

SPEAKER_03 12:23

What's going on here, man?

SPEAKER_01 12:26

Henry says that drug dealers use TRC.

SPEAKER_03 12:30

What what what drug dealers? The what the Mexican is.

SPEAKER_00 12:33

I don't know if I don't know if drug dealers have that much money. Yeah, bro.

SPEAKER_03 12:37

Like five Pablo Escobars are operating off Tron only, apparently. Fucking hell. Jesus. Um Henry just said they do. This guy.

SPEAKER_01 12:51

I thought I thought Henry just didn't listen to us, but he does listen to us. It's great. He does, yeah, they do. So Monad, anyways, people are calling it the next the next Solana. And lighter the next hyperliquid. I think lighter is not the next hyper liquid, more so that it's just extremely undervalued relative to hype. I think it's like 40x, it's valued 40x less than hype is. And like if you believe in perpetuals, um it's got a good product, it works. Aster too, probably put in the same boat, but Aster's value much higher.

SPEAKER_03 13:23

Jeez, have you seen the Aster chart?

SPEAKER_00 13:25

Yeah, I have a long time. I would be curious to compare lighter volume to Aster volume, actually.

SPEAKER_03 13:32

Henry, can we swing that chart up real quick? Jesus. Jesus. That is a heavy one. Oh wow, that is bad. Yeah, that is a rough one. Um can't be a buy there. And it's just dead volume. It's just no volume on the chart. It's fucking uh it's a ghost town over there.

SPEAKER_00 13:53

The good news is I this is the first time I've looked at this chart probably since I sold, and I did not, in fact, sell the bottom. I was worried that I was at the time a few months ago, but it appears there was lower to be had.

SPEAKER_03 14:06

Yeah, yeah, the bottom, the bottom was simply not the bottom on this. Uh there was I think I I got caught. I I I had a decent big like a decent loss on this because I got caught. I bought like a and then I didn't realize there was unlocks, and the unlock date hit, and I just got just got hammered. The price went down like 20%. Um, I was left holding the bag. Uh this is a good thing.

SPEAKER_00 14:26

Everything was a surprise. Everything was a surprise with this. When it first launched, if you guys remember, I think it was one of our first streams. We were still on Twitter Spaces, and Aster launched like out of nowhere. And I remember we were in ETB, our group chat at the time, and like, you know, everyone was like, What is this? No one wanted to put money on the chain. They thought, you know, they didn't really know, and then CZ like backed it, and it was just straight vertical for like days, you know, day 72 hours, four days, five days.

SPEAKER_01 14:56

I don't know. This is my worst like miss of this of 2025 because I didn't realize you could buy it on Solana. I had like I had like 50 grand ready to rip into it, and I was trying to figure it out, but I was like, I can't fucking bridge the BSC right now, and so I didn't buy it, and then it like 20x from there.

SPEAKER_00 15:14

Yeah, a lot of us were lazy, right? We were like, man, I just don't want to bridge, I don't want to figure it out. And then next thing you knew it was up 4x, 5x from there.

SPEAKER_03 15:22

Yeah, we we had JS, didn't we? We had him all.

SPEAKER_01 15:25

Yeah, we had JS on right after, dude. So many people made so much money on it, and then I think all of them also lost all that money.

SPEAKER_03 15:30

No, I think, bro, I think JS, like not both.

SPEAKER_01 15:33

Not JS. JS locked off, but like I know a lot of guys in um PN, for example, like lost it all on BFC. Well, they thought the second chain.

SPEAKER_00 15:43

To be fair, it looked like it. Like they thought the second wind was coming, it was all anyone was talking about. It was it was that, and there was uh I guess XPL. Like there was nothing else happening on chain, and everyone assumed there was gonna be a violent second leg, and then it just to this day it still has just chopped down.

SPEAKER_02 15:59

So I think a lot of people got burned on XPL, like a lot of people got burned, including me.

SPEAKER_01 16:04

People were like, Oh, that that was the time when everyone was like, Oh, like you just toss like all the size you have at one trade and catch a 2x and you'll be good. Yeah, if you remember that that was like the common thread of everybody, and then everyone just did that on plasma and then they got wrecked.

SPEAKER_03 16:20

Yeah, we were all trying to jam into the the the rounds as well. Like, remember that how they raised? Um like, yeah, bro. Everyone, everyone I knew was like, this is amazing. Fucking shove as much size as you can get into this. Uh I failed on both, I think. And then yeah, I got burned buying spot like a fucking complete clown.

SPEAKER_01 16:41

So and you've on stream famously said you're gonna hold it for three years. What a fucking third and it didn't. You didn't say you were gonna hold it for three years. And it did$34 in revenue in the last 24 hours.

SPEAKER_03 16:52

So what a fucking what a bad trade. That's a full thesis. Revenue cross though.

SPEAKER_01 16:57

Anyways, I do see the lighter thesis, and that's why I bought some. I didn't buy huge, but I bought um I bought I bought some.

SPEAKER_03 17:03

And I did you buy monad?

SPEAKER_01 17:06

I did not buy monad yet, um, but I think I will on a pullback, honestly. I think I might start to get some exposure to it. I might buy some coins. God damn Jesus. I'm paying my taxes in five days, so I'm gonna get that pain behind me and then just move forward. And I gotta make some money again.

SPEAKER_02 17:21

So I gotta buy monad.

SPEAKER_01 17:23

Gotta buy monad. Never things I never thought I would say. Do you guys ever save your old watch list in Dexcreener and then go back and see what you were watching at different points of time?

SPEAKER_03 17:35

Yeah.

SPEAKER_01 17:36

It is the funniest thing in the world to me.

SPEAKER_03 17:38

Yeah, I I also have my my trading view chart. Like I have different uh watch lists, and I go back on some of them, I just clicked on one of them, and we got FOG, WIF, Popcat, Pepe, A AI 16, Giga, and ENA.

SPEAKER_01 17:52

That was the good that those are the good times.

SPEAKER_03 17:54

Yeah, yeah, what a fucking crazy list.

SPEAKER_01 17:57

Speaking of WIF, I got somebody people are out there calling a coin right now the next whiff, and these people are idiots.

SPEAKER_02 18:03

Classic.

SPEAKER_01 18:04

Classic. It it is a$3.5 million coin that gets the next whiff, and I'm seeing people that are smart saying this. I'm just like, are you you why are you doing this?

SPEAKER_03 18:14

Every coin that goes up 2x now in the trenches is uh it has to be the next whiff. Like that's uh it's it's an arobe place. I just wanted to open up my watch list as well. And uh while we were talking about revenue on chain, uh do you guys remember dot polka dot?

SPEAKER_01 18:28

Yeah, bro.

SPEAKER_03 18:29

How much are like are these guys still around? Are these guys still doing? We need to do a whole section, maybe next stream, on going through old projects and how much revenue they do. Because I'm going like and these charts are worth still multi-billion dollars. Um like one inch. XTZ. Jesus.

SPEAKER_00 18:46

I don't even know what XTZ is. That's Tezos. Tezos. Oh, Tezos, yeah.

SPEAKER_01 18:51

Tezos is the original no, Tezos had NFTs on it at some point.

SPEAKER_02 18:56

That's a bad sign.

SPEAKER_01 18:57

It was like the NFT chain for a little bit. Like Tezos NFTs were the thing. Did you guys ever buy NFTs on Suey? Or like trade like trade shitters on Suey? It was terrible. No, I was trading shitters and buying NFTs on Sue back in the day. Oh yeah.

SPEAKER_03 19:13

I tell you what, I did trade shitters on Monad.

SPEAKER_01 19:16

I wasted my I did not, but I want to trade shitters on Monad.

SPEAKER_03 19:21

I got to bump that TV out.

SPEAKER_01 19:23

I gotta bump those fees up.

SPEAKER_03 19:24

Yeah, I I got a 24k monad airdrop, and I'm not kidding you in saying that.

SPEAKER_01 19:30

What? How'd you get 24k?

SPEAKER_03 19:31

Fuck no. Fuck no. I had a 24k monad airdrop uh or something like that. It was it was it was high. It was one, it was the highest tier airdrop. Um, and I left the chain. You know, I was everyone was anticipating the big monad season. I was prepared, I was ready, I was I had all my wallets loaded, and my 24k was worth 6k in 24 hours, less. Um, I ended up holding Moncock, uh, got hammered on it. Complete disaster. Uh, left the chain, never bridged back. And I think everyone was along the same lines. Uh, that was a horror show. A bit scarred there, a bit scarred. But thank you for the airdrop.

SPEAKER_01 20:08

Moncoq is is is kind of funny, actually. Oh no. Here we go with it. I've ended it. Here we go again.

SPEAKER_00 20:14

I'm not chilling before I go here we go again.

SPEAKER_03 20:20

Woods back at his own end. I'm not gonna lie.

SPEAKER_01 20:23

I'm not gonna lie, it did it did make me laugh. Um, where's Bill Monday? Let's get Bill back on this video. Let's get Bill back on this time.

SPEAKER_03 20:33

Maybe we should, and we go, what's the update? What's the best of the game?

SPEAKER_01 20:36

I can't talk to Bill Monday. I can't do it. We can talk to someone else.

SPEAKER_00 20:40

I wonder if he's still there or if his vesting cliff reached. You know.

SPEAKER_03 20:48

Bill is still there, he's still fucking cooking. He's still cooking. I know they they slimmed down the team, didn't they? Everyone just started leaving.

SPEAKER_01 20:54

Um then they never backfilled it.

SPEAKER_03 20:57

Yeah, they never, yeah, never filled any of the roles. Um if you go for the room, replacing it with AI.

SPEAKER_00 21:02

They're replacing those roles with AI. So head of growth.

SPEAKER_03 21:05

Head of growth AI guy now.

SPEAKER_00 21:07

Yeah.

SPEAKER_01 21:08

Crazy. Um, did you guys see this WLFI drama that looks really oh here he is. Hold on.

SPEAKER_00 21:17

Oh, I thought this was like he just said this right now. No, he's still a monad guy.

SPEAKER_03 21:21

How do streamers and BD people speak non-stop for hours? Like, what do you bro? Get to know, man. Listen to the risk on pod, and you'll you'll you'll see the the shit we start speaking about here. Bad. Real bad.

unknown 21:35

Okay.

SPEAKER_01 21:36

This is crazy. This is fucking crack. So the quick rundown of the WLFI drama is that they deposited five percent of the WLFI coin into a uh DeFi protocol called Dolomite, and they borrowed USDC against it, and then they off ramped it to Coinbase Prime. And was it five billion? Five billion tokens, which is five percent of the total supply.

SPEAKER_00 22:03

Uh 150 million dollars, I believe, roughly. Based on prices.

SPEAKER_01 22:10

And they off ramped all of it, and then people are like, I mean, this is what I mean, this is what if I mean, this is obviously the Trump family, so it's quite different. But last cycle, if I if everyone remembers, Danny and Sifu did this with time. Instead of selling their tokens, they said, We're not selling anything, we're just taking out loans against it.

SPEAKER_03 22:31

Yeah.

SPEAKER_01 22:31

With no intention to ever repay it.

SPEAKER_03 22:33

Yeah.

SPEAKER_01 22:34

And then Time Token went down, their tokens got got uh liquidated, and the price just spiraled downwards because they owned they had taken out debt against so much of it. Um here, and they just said, don't worry, we'll just add more collateral, but the collateral is a token they minted out of thin air.

SPEAKER_03 22:54

What is it?

SPEAKER_01 22:54

It is literally Luna time 2.0.

SPEAKER_03 22:58

What what what does this look like? Like I'm not very, very like highly clued up on the US politics, but surely this gets brought into question in the midterms. It doesn't, dude.

SPEAKER_00 23:07

The thing is, people don't really understand this stuff, right? Like I feel like like this is like a small, you know, this is who? Easy? Easy eats bodega. Like easy's been around for years reporting on DeFi stuff, and he's kind of like he was around for time, so he's probably like, hey guys, this is like not cool. Like, look at this. And then maybe a few people repost him, but you know, these guys have a few thousand followers, and then it's like, you know, by the time this gets to, you know, they will freak out about this, I don't know, a couple of years from now when they realize how bad it was. But do you think anyone in DC really understands what's happening here? Because I don't know, we can't, we also can't prove that they're not gonna pay back the the loan or whatever. But would you're saying, like, hey, like we've we've kind of seen this exact playbook happen multiple times. Uh so it at the very least, it's a little bit sketchy and alarming, right?

SPEAKER_03 23:58

He gets on podcasts as well, like they get on podcast and they're like, guys, we're we're you know, we're doing so well, we're making so much fucking money. They're gonna like, holy shit, like we're making we're making millions and billions of dollars here, guys. Like, look at World Liberty Finance, we're doing amazing. But it's like they're extracting it in just crazy ways, and this is someone who's like I mean, a bonk we have a partnership with fucking world liberty finance, but this is still it would be disingenuous for me to say this isn't fucking crazy, this is insane.

SPEAKER_00 24:26

I mean, make make no mistake, if if you saw if you read this headline with any other politician or just person in a public position, you would be like, Okay, this is obvious slop. Like, there's no way this is real. There's no way this is real. This is someone just trying to spread some crazy shit. But because it is who it is, and because we've seen a history of them actually doing this kind of stuff, it's like, wow, man, this is actually not only is it potentially real, but nothing is gonna be done about it right now. Yeah, they're just gonna get away with it.

SPEAKER_03 25:01

Like, like, fuck, man.

SPEAKER_01 25:04

Andy's hosting a meme coin conference in two weeks at Marlaga.

SPEAKER_03 25:07

Yeah, what what wait, so I I didn't actually click in, you know, I I don't even care anymore.

SPEAKER_01 25:12

I'm the same way.

SPEAKER_03 25:13

Yeah, is it is it just like he's just what meme coins are going on? Like, is this just uh I have no idea.

SPEAKER_00 25:20

I don't know, but even that, it's like okay, that's ridiculous. Like that's like, you know, kind of just like absurd that you have someone in acting office do that. But that's like, okay, they're just playing, you know, people are gonna speculate the way they're gonna speculate, and if he wants to play into human psychology, he can do that. This is different, this is different, right? Like this is this is like uh intentionally deceiving the like depositors and investors in the project.

SPEAKER_03 25:46

Um isn't there a lawsuit? Isn't there a lawsuit from early investors? Um, and I I saw something on on one of the tweets we linked in there. There's uh apparently the big seed investors are suing World Liberty Fi.

SPEAKER_00 25:58

Uh well we should go we should go to the thread. So World World Liberty Financial Post is a like a thread explaining why this is like FUD and why this isn't uh accurate or whatever.

SPEAKER_03 26:09

But they've defended themselves.

SPEAKER_00 26:11

They're kind of defending themselves, but they're kind of I mean, I I don't know. We should reread it here. It basically sounds like they're saying, like, guys, it's not what it looks like, it's fine. Like it your money's all safe here. Yeah, yeah. Um talk about the FUD.

SPEAKER_03 26:25

Yeah, yeah. Nothing to worry about. We've just made a few million dollars to look the other way.

SPEAKER_00 26:33

I guess we supplied world world fire as collateral and borrowed stable coins. No, we are nowhere near liquidation. And frankly, even if markets move dramatically against us, we'd simply supply more collateral. And would that's where you're saying that collateral would be additional tokens?

SPEAKER_01 26:47

I believe so, which is just tokens that they minted out of thin air.

SPEAKER_00 26:52

Are they are you sure about that? The collateral would have to be something else that's backed, right?

SPEAKER_01 26:59

No. Their token has value. Their token is on this website, they're able to take out debt against it.

SPEAKER_03 27:06

Yeah, that is true.

SPEAKER_01 27:07

And now they're finally saying a proposal to unlock. So now they're saying a proposal to unlock tokens to investors. Go up one. Up, up one more. For early token holders, a governance proposal to unlock locked tokens will be posted and will go to a formal vote short shortly after. They're saying basically, like, we're gonna unlock your token, shut the fuck up.

SPEAKER_00 27:28

But they're but they're currently arguing against those locked tokens.

SPEAKER_01 27:32

Yeah, no, the tokens that they're borrowing against aren't locked. Everyone else who invested early, like you remember right like right after Trump coin came out and everybody was piling into this pre-sale at 0.001.015 or whatever. Yeah, all those are the people that are complaining because they got 20% of their tokens unlocked around 25 cents. Most of them sold, but the price is worth 10 cents, and they've been given no guidance as to when the remaining 80% of their tokens will be unlocked.

SPEAKER_03 28:00

Jesus mom.

SPEAKER_01 28:01

So their tokens are just sitting there locked, and they're just like, when are we getting these tokens that we paid for? Yeah, and are showing up as we own, and they're they have no plan for us. Now they're saying we're gonna vote on it, and you know, I'm guessing what's gonna happen is the vote's gonna pass, they're gonna get their tokens out, they're gonna have 150 million in cash out, tokens unlocked, people nuke the fucking chart. But they're good because they already took out their buck fifty.

SPEAKER_03 28:25

Okay, but that is what's gonna happen. How is this gonna are they gonna do like a DAO vote? So I don't know. They must. Yeah, but then like this is this is just the classic case. Like, I don't want to fud or talk about Jupyter as well, but like Jupyter done the same thing. Oh look, we're gonna do it, we're gonna do a vote for token holders, but you know, we own the majority of the supply, so we're just gonna vote for the one we want. Like probably probably that.

SPEAKER_01 28:48

That's probably what's gonna happen. It's either that or it's gonna pass, and then the token's gonna go to zero.

SPEAKER_00 28:53

Guys, I just checked the dat if you remember Alt 5 Sigma, Alt Sigma 5.

SPEAKER_01 28:57

Fuck it now.

SPEAKER_00 28:58

Under a dollar now.

SPEAKER_01 28:59

It's uh under a dollar now, yeah.

SPEAKER_00 29:03

It's at 0.98 down nine percent today, uh 17 on the week, down 31% this month. That was such a fucking scam.

SPEAKER_03 29:14

Yeah, that was a scam. That was just a blatant scam. Yeah, and uh dude, yeah.

SPEAKER_01 29:20

So we bought that at 750 and then exited at my exit price was 350 or something, 335 or something. But like, that's a win. We'll put sides to where it is now. Yeah, yeah, dude. That was fucking awful.

SPEAKER_00 29:36

Um big ETB lord.

SPEAKER_01 29:39

Well, big ETB loba on to brighter things.

SPEAKER_00 29:41

Do you guys want to talk about um just a normal crypto? Just a normal crypto shit show that isn't related to the presidential family. Yeah, lead us into those today.

SPEAKER_01 29:52

Lead us into Tao. Yeah, so Tao, uh, what happened with Tao? The biggest guys, Templar, just abandoned the chain, right? Yeah, and Tao dropped 15-20% overnight.

SPEAKER_00 30:10

I believe at peak it was it dropped 25%, 24%. Um, so yeah, basically what happened, we can pull it up uh and go through it, but um the I'm not super familiar with the uh with how these subnets work, but basically one of the largest subnets, which is like how these training models are are happening within the BitTensor ecosystem. Um, it's all supposed to be decentralized, right? Like that's the whole concept of BitTensor, is you distribute tau to the token tau to people who are like putting in the most output in production to train the models. So Covenant AI, which has this um like the most popular uh subnet uh in the ecosystem, the CEO comes out and wrote a statement saying basically um some pretty some pretty hefty accusations, saying they were going to pull themselves out of the BitTensor ecosystem um and effectively called the entire program not decentralized, saying that the there's a small triumvirate. I think the wording you use was triumvirate, a few people who control certain aspects of this and therefore they didn't feel comfortable being in something that isn't decentralized when the whole central thesis is decentralization. We've seen that, I feel like we've seen this hap play out a number of times with different DeFi protocols, right? Where something that's supposed to be decentralized ends up being very questionable as to if it is or not. Um I think uh there's probably a lack of clarity right now as to like the overall like long-term significance of this, but definitely it created a cascade of panic selling because from the moment that came out, you saw I think I think uh Tao was trading around$320 uh when this came out. It would been up a high of$340 at the day, and it's now down. I don't know where it is, but um last I checked, like 200. Yeah, 200, let's see. Um, Tau is now at$272, so down 20% over the last 24 hours.

SPEAKER_03 32:25

Jesus, man. Do you want to tell the uh the clawed bot saved you? That's a crazy story.

SPEAKER_00 32:32

Yeah. So take the show away. I think I've mentioned on on the stream before that I I've been using my open claw, uh basically training it to help me with I've I'm a notoriously terrible, I'm I'm okay at finding narratives, I'm notoriously terrible at entries and exits. So given we're in a bear and you got to be a little more disciplined, I've been trying to, I tapped my open claw into coin the coin glass API, and I've basically been trying to learn how to play around with like you know, following derivatives data, and just basically get in a sense of like where key levels are, all that stuff. Not super important for this. Um, anyways, I've got all these alerts set up, and Tau is at$340 uh yesterday evening, and I get an alert from my open claw that says, hey, Swizzle, uh regardless of price, and it gives literally it had these red flags. It says, regardless of current price levels, highly recommend trimming or scaling out of remaining Tau position. I've told it what my portfolio is, the things that I hold. And it says, like funding, like funding levels just flip dramatically, very, like, very abnormal, et cetera, et cetera. And I look at that and I'm like, oh man, okay, I don't hold that much left, anyways, but I'm gonna follow, I'm gonna follow the bot, I'm gonna follow my claw. I sell at 340 bucks, and literally, like 20 minutes later, 25 minutes later, I'm on the treadmill, I'm working out, and I look and I get a notification that tau has dropped like 20%. And so it literally saved me, like it saved me from just you know waking up to the overnight disaster. Yeah, yeah. And literally, I don't know what that signals. Like clearly there were some people who knew what was happening and probably stacked some shorts.

SPEAKER_03 34:18

Like, I don't know how that works, Sats, but it was a classic playbook for the insider traders. If we're being completely real, big classic playbook. You you know the inside, you knew you know the you know the news is coming, probably. Uh just me speculating, and allegedly, of course. Don't want to get any uh anything coming my way here. But you know, they probably had spot bags, large spot bags. Um they crack the shorts on hyperliquid, they crack the shorts on whatever gives them liquidity or whatever exchange gives them liquidity, and then they dump the spot bags and release the news, push the news out, and take profit on all their shorts. Um that's the game that's been going on for so long, especially in crypto. That's most likely what happened. That's what's pushing funding rates to abnormal positions because someone like your clause obviously recognized that like there's someone uh stacking crazy shorts across anywhere they can get liquidity. Um, and that's usually a fucking red flag. Uh, when there's probably on somebody like Tao, there's not crazy, crazy volume on the Pert Book, and then there's probably little one-sided uh stacking of shorts going on. So what can you do, man? Taylor's oldest time, Taylor's oldest time.

SPEAKER_00 35:29

So I just I just pulled up this is what my open claw uh texted me with a bit, you know, like the emoji, like the sirens. It said sirens tier four critical tau signal. Price price, it's critical tau signal in all caps. It doesn't normally text me in all caps. Price$339. Position, it listed how much my position size was, all this. It says trigger, price has not yet broken X level, but multiple tier two conditions are converging. Uh open increase, open interest increase. It cites a couple of different data points and says recommendation considering taking profits, all caps immediately. Price extremely close to$340 resistance with abnormally bearish funding and rising OI indicating potential rejection zone. Uh that's crazy that my open cloud literally, and it's never given an alert like that before, but it's you know, we've been working on this stuff. Uh I'm I'm kind of I'm kind of pilled right now on using AI assistance for trading. It's I mean, I think it feels pretty cool.

SPEAKER_03 36:42

Clearly, because someone without like you using that has clearly gave you a massive advantage and an edge which other people didn't have.

SPEAKER_00 36:48

Uh there's nothing that like I, you know, unless, unless, you know, if you're like a highly skilled, you know, you've been you've been quant at a quant trading desk for years. There's probably stuff that maybe you have these flags set up and you already but like as a retail trader, there's no way I'm catching that. I don't know how long I had 30 minutes from that where the price just fell off a cliff. There's no way I'm catching that with my eyes. Like, even if I'm on, you know, looking through a bunch of data, I just wouldn't have seen what it saw. So it was it was pretty crazy.

SPEAKER_03 37:20

Good time in the world to be AI pilled. Good time in the world. I think uh it's a good segue into uh the the ever the ever-changing situation um at Anthropic. And yeah, they are moving at extreme paces. They delayed IPO as well. Um they did the reason yeah, they delayed IPO because of uh they they they believed the new the new uh version, what they have, uh, is simply AGI. Um yeah, they they said yeah, and uh Oh shit. Okay, yeah, yeah. So so this as well, this as well. I saw base 16z tweet about this, and uh he said he's thinking maybe this isn't um because of this, uh, and it maybe it's for a different reason and they're just using this as an excuse to uh summon everyone. Um but still it it does it does highlight the severity of it because it it is fucking crazy. And for those who don't know what mythos is, um it's basically Opus 4.6, which is uh Anthropic's uh model, what they use for coding and pretty much everything. It's their most advanced model right now. Mythos is the new model, which isn't released yet, it's private right now, but it's double the power of uh Opus um and it is breaking every every big company it it can go after, basically. They tested it in a sandbox environment and it was uh simply breaking companies like Google, pulling crazy, crazy data, um, finding backdoors into the biggest companies like JPM and everything. So if this was obviously public, it would be fucking disastrous for everything. Um Anthropic gave uh a whitelist, I think, to a lot of the big companies the Googles, the JPMs, the Amazons, all the companies that would be the most highly affected to test against it. But the one interesting thing is they didn't give a single model or a single test environment to a single DeFi company. Um and that raises a lot of fucking red flags because uh you know what happens when this releases uh and there is thousands and thousands of people trying it against DeFi protocols and every crypto protocol there is. No one is safe anymore. If you have vulnerabilities, you need to yeah, you need to be locking your fucking doors at this point because uh this is very, very real and it's it's coming. Um and yeah, they delayed IPO because of this, I'm pretty sure. I don't know, this is me speculating, but uh and I did see something from an anthropic guy that they think this could be AGI, um and it's worth them delaying an IPO for.

SPEAKER_00 40:01

Sass, can you tell us the can you tell us the story you were saying off stream about uh how they um how they discovered that the AI had gotten out of the sandbox?

SPEAKER_03 40:11

Yeah, so I was listening to a podcast on one of the guys from Anthropic, he was one of the main developers of this new model, um, and he was testing it in a sandbox on uh anthropic, like uh as on the anthropic company and uh finding vulnerabilities in their own platforms and their own test environments. Um and it was running in a complete sandbox, like I said, and you know he left it like he he probably prompted it, uh left to take his kids to the park. Uh and keep in mind this is in a fucking sandbox, meant to be a controlled environment where it can't leave. Um and they have security protocols set up so when it if something does happen, it does get out, they'll be alerted straight away. Um but he he he said uh the way he knew this got out of their sandbox, which once again it was never meant to do. Uh the way he knew it got out of the sandbox was he was taking his kids to the park um and he received a random text on his phone saying uh like you need to get back to your computer immediately. Um like this is this is the new model, and I'm out of your sandbox. Um and this could get really bad really fast. Uh so you need to come back and control me right now. Uh yeah. And it found his data because it it got into the back door of Anthropic um and pulled, I think he pulled his phone number from employee records and was like, you need to get back to your PC right now um and and and control this. Um so completely crazy, completely crazy scenes. Um like this shit is crazy, and I don't think people understand the severity of it. And especially if you haven't used AI to what it is now, uh like you haven't used Opus, um, which is you know, like I said, Claude's uh best method right now, their best um their best thing they have right now. Uh if you haven't used that, that is already insane as it is, and this is predicted to nearly be double the power and double as good as what Opus is. And it's just that's crazy. Absolutely crazy. And the fuck knows what this thing is gonna cost. Um and to be fair, this sounds even more insane. I would be willing to pay whatever it is that they charge monthly for it because it's that good and I get that much use out of it. Um I use it for fucking everything, everything now. Um I think yeah, I I speak about what I build a lot. I haven't gone into too much detail, but yeah, I built a few different things with uh Opus and it's going extremely well. And every time I every time I do something, I'm like, wow, this is uh this is really good, especially when you spend a lot of time on it. Like I I've I've sunk a lot of hours into it, and you get better at using it, you get better at prompting, you learn how to speak to it better, you learn how to set it up in an environment where you just get the most out of it. And when you get to that level, like I've probably spent five, six hundred hours in Toto and Claude. And uh yeah, when you get to that level, you you really understand how to get the most out of it and you realize how fucking good it is. Um, but yeah, long monologue from me there. But yeah, I am it is crazy, and I recommend it. It's insane.

SPEAKER_00 43:10

It's like this is like a it's it really feels like out of a sci-fi movie what you just described. But this is just an interview with a guy, he's like, This is what happened to me.

SPEAKER_03 43:18

This is what happened, yeah. And he was as shocked as everyone else. He was just like, I was completely shocked. Like he was like, We have scared?

SPEAKER_01 43:26

Was he like fuck? We're fucked. Uh no, I don't think. Is this the oh fuck moment, or is he like, nah, we're good, I'll figure out like I think he I think he was like, Yeah, like we'll figure out how to control it.

SPEAKER_03 43:35

Yeah, yeah. Like we we have we have security measures in place to make sure this doesn't blow up, but like this was the closest it's ever been to uh blowing up, basically. But yeah, fucking crazy, man.

SPEAKER_01 43:44

So the craziest thing though is that they figured this out. Someone's gonna someone else is gonna figure it out too. It's gonna be an arms race, right? Just like with nuclear weapons and whatever.

SPEAKER_03 43:52

OpenAI is is honestly way behind right now, though. They're charging, they just released a model where they're charging a hundred dollars. Uh Which is Codex. I've used Codex as well. I pay for both. I pay for Claude and Codex right now. Claude is so much fucking better. So much fucking better. It's light years ahead.

SPEAKER_00 44:10

So I think it depends on the use case, though. I've been speaking, like speaking with a few of these of people who work at some of the AI labs. And like I think a lot of them for use cases, they'll say, like, oh, we use anthrop, we use Claude for like all the stuff we're working on to build stuff out to code. But then maybe it's just for cross-matching and getting different perspective. They'll then use Codex to review the code that they used on Claude so that there's like, you know, it's they basically are saying like there's different use cases for both, or being able to use both in compare and contrast. Maybe that, I mean, I think Claude is certainly ahead of the curve right now, but it's like uh comparatively, right? Because if we didn't have uh if we didn't have Opus with Claude code and we were just looking at codex, we would be like, holy shit, this is crazy. Yeah, this is insane.

SPEAKER_03 44:56

Yeah, that's very true. I haven't even thought of doing that. That's actually a good idea. Like review your code in codecs, like code with Claude review it in codex. I'm an AI guy, so I got you. Okay, that's what I do here. I give good advice. Yeah, yeah, but it it's still it's still every time I use it. Um, and like I said, I I put a lot of hours into this and learning how it how it's used and and building a lot of different stuff. Like I've built a lot of spectrums of stuff. Um, things that are already generating revenues, some things have died straight away. But yeah, I've put a lot of time into learning how this shit works. And every time I use it, I find a new way, and something else blows my mind, you know, something else it does something, and I'm like, fuck me. It really one-shot that. Like I can prompt it once right now, and it will do exactly what I want it to do. Um, I don't have to, I don't have to push it anymore, I don't have to force it.

SPEAKER_00 45:44

Um, it's I think that's I think that's the cool thing I'm learning because I'm definitely I'm way behind you on this, Sats. Um I am ahead of Wood. But uh but it is it is interesting, like you know, there's certain levels to this, like these guys working at the AI labs who or or who are into the you know training the models, like they obviously have to understand the underlying like how does this work? Like what you know, what is the how does the function work and all that, like what's the sequencing um that allows this to happen. But in order to use this and get productivity, these tools, you don't really like sure it would help, but you don't need to understand all the crazy like technical details. You can learn how to just use these to make them to help you with productivity at a very surface level. And that's where it's like you don't have to be, you know, using CLI typing in the terminal. Like they they've made it a chat bot where it's like the average person can just tell them, hey, this is what I want. Can you make it for me? And so there's all it, it this works, they're making it so it works for all different levels of people on the curve of like how deep do I want to get into this, or it's like, I don't want to know how the sausage is made back there, I just want it to do this for me. Yeah, um, I think that's the most fascinating part about all this is like how how approachable it is to like the average consumer now.

SPEAKER_03 47:06

Yeah, um I got I gotta say though, it it helps loads like for from from my friends who don't know and aren't familiar with things like PowerShell and Terminal and just like the basics of coding. If you if you understand the basics of how PowerShell and Terminal and shit like that works, uh like the general commands, you it it it 10x is what you get out of it. But like just having a base level of knowing how to code, you you just get so much more out of it because it will get something wrong. Like it does get something, some things wrong, and it's about recognizing where it's wrong and pointing it in the right direction. Um, like I had an example there, I won't go into it much a bit like I I see it uh not pulling a URL and an API key and uh in in the actual code as it's building. Um and I point it out and it instantly fixes it. Um so I think it's just if you have that base level of knowledge on how this shit actually works, it you 10x it. But to say that again, in six months' time, I don't think that matters. In six in six months' time, I don't think how you don't need any technology. It will just be a good thing. It'll just be so good. Yeah, it'll be so good, it doesn't have any, it makes rarely any errors, and there's no errors to spot, and there's no errors to point it in the right direction. I think that's that's the best terminology I would use right now. All I'm good at doing is pointing it in the right direction and pointing it where it's missing. Um but yeah, I think in six months would be able to fucking probably be at the same level I am.

SPEAKER_01 48:31

Like sorry, because I'm I I I've been using it a lot just for like I've been using it a lot actually trying to learn it. Um not for coding and whatever, but just trying to like interact with it, get to know it. Uh mostly chatting with it about like helping them with life and planning and using it to for personal things. And I am fucking it up because I feel like the more I talk to it, the worse it gets. And like the dumber it gets, and I think it's a me problem. Interesting. Like it just gets it like it like gets confused. So I think my questions are not very good. So I need to spend more time learning about how to like properly prompt it. And I'm realizing that I'm not I'm horrible at that because I'm confusing the fucking AI and I'm not getting the answers back that I want to get, and I'm like, you're a fucking idiot. But if I'm an idiot, I'm just not using it. I'm just not using it correctly, and I'm getting frustrated with it like an old boomer who doesn't know how to use email or like has text too big on their phone, you know.

SPEAKER_03 49:22

You can also put in in the actual settings, you can you can tell him uh like generalized things at the start of every chat, like what he what he should know and what he should remember. Yeah, that's what I do. Yeah, you can say like be objective as possible, do not agree with me for the sake of agreeing. Um if I say something done, correct me immediately. Um I think that things like that are just like a must because it still will. I think AI naturally just agrees with you until you put them prompts in to say, look, do not take me as a truth of source. Um pull your truth of source for whatever you find. Um, I'm a retard. Please, please help me not be a retard, basically.

SPEAKER_00 50:01

I saw so. Have you guys heard of like the whole like uh open AI psych they're calling it the psycho fancy or like where it's the psychophint, where it's like uh dilute it delusionally agree, it it agrees with people so much that it makes them delusionally confident about certain things. Yeah. So you know, the so the so the masters uh golf tournament's going on this weekend, and I saw someone was like uh created a little thing of uh Tiger Woods uh inputting like uh like is seven beers like the perfect amount before I get in the car to drive? And it's like actually seven beers is the perfect amount of beers for you to have before you get in the car or whatever.

SPEAKER_03 50:39

That shit is crazy as well, man. I saw an AI video of like it was like Tiger arriving at the Masters, and it's just a fucking car rolling down the course, man.

SPEAKER_01 50:49

Did you guys see Tiger say that he was on the phone with the president? No, it's like just on the phone with the president. Oh I'm gonna start using that one. Just such an absolute subtle flex. Um yeah, yeah, I really I really need to get into this. Um forget I forgot to mention this. My favorite part of this whole Tau thing, back to Tao, I'm reading my notes, is uh is uh Cmeister's dad used it as an opportunity to shell MetaDAO.

SPEAKER_03 51:21

He's the best man, he is the best. I don't even know what I don't even want to know how he managed to piece them two things together. But that guy is a fucking genius, um, underrated CT guy. I think if everyone knew the C Maest uh the Cmeister dad lore, uh his dad would blow up on CT.

SPEAKER_01 51:38

Conan James, he's so funny, he's like a 60-year-old guy who loves crypto.

SPEAKER_00 51:43

And he fucking he does. He's gotta have more, he's got more followers than Seameister, though. So I think I think we gotta flip it. It's uh Conan's son. We gotta talk about Sea Meister's Conan's son.

SPEAKER_03 51:54

Yeah, yeah, yeah. Yeah, I mean, fucking hell. That guy nailed the GP trade. Um no, he didn't sell.

SPEAKER_04 52:01

He didn't sell, yes.

SPEAKER_03 52:02

Yeah, didn't sell, but went in went and sailed the med, uh watched his bags ripped to millions, and went guys. My life's he didn't sell, he didn't sell, he sailed.

SPEAKER_00 52:10

He sailed, yeah, yeah, he sailed, yeah.

SPEAKER_03 52:13

Yeah, not not bothered about profit. Profit, he doesn't concern himself with profit, he just concerns himself with wow, I made a good decision, my number went up. Like, oh man. I guarantee he didn't sell a single soul bag. It's just and you know what, you gotta respect it.

SPEAKER_01 52:29

You gotta fucking respect it. You have to. Um, in other news, Zek is ripping, it's the next doge. Sats is in. Swizzle is absolutely sidelined after telling everybody he was gonna buy on Tuesday.

SPEAKER_03 52:43

Yeah, Swizzle's a big privacy guy, any fish.

SPEAKER_01 52:46

He's a non-private privacy guy.

SPEAKER_00 52:48

I'm probably more I'm probably more bullish on Zek than anyone who holds the coin, but I don't hold it.

SPEAKER_03 52:57

Yeah. Big Zec guy, big Zec guy without coinless Zach guy. There's nothing worse. There's nothing worse.

SPEAKER_00 53:03

Uh I saw this last night and my FOMO was just just tearing through my body. Um because we're calling it the next Dogecoin now.

SPEAKER_03 53:13

It fucking can't get any better than that. Uh hopefully it doesn't end up like where it is right now. That's uh that's not funny.

SPEAKER_00 53:18

I didn't even look closely at the charts this guy posted here, but this is a masterful shill. Just a masterful work of art.

SPEAKER_03 53:25

Genius. Uh genius level shill.

SPEAKER_00 53:28

He says Zcash, I don't know who this guy is, trade but why said Zcash is potentially where Doge was early 2021 before it blew up from 8 billion to 80 billion market cap. Like after its first massive what what the fuck moment, and it dumps for a couple months, everyone forgets a little, and then it does it again, but a lot bigger. The charts are all there.

SPEAKER_03 53:48

Great fucking stuff, bro.

SPEAKER_00 53:50

Man, that is a that is a great tweet.

SPEAKER_03 53:52

Yeah, whether it's true or not. Doesn't matter. It doesn't matter if it's true. Uh it's great fucking news for the Zackbacks.

SPEAKER_00 54:00

I do think it's it's gotta retrace a little from here. That was an insane pump, right?

SPEAKER_03 54:06

Uh insane, yeah. It was insane, uh, but you know, as a as a holder, I don't want it to retrace. So I'm happy with my size. Big privacy guy, big happy privacy guy. Got two sidelines guys on the pod with me. Shocking, really.

SPEAKER_01 54:23

Dude, I might just become a monad guy.

SPEAKER_00 54:27

That seems fitting for it seems fitting for you. I would I think I think I think I think you could really embrace being a monad guy. You could be the main character of Monad, honestly.

SPEAKER_01 54:38

Guys, I just need some sort of like I I need some direction in life right now, and maybe monad's it.

SPEAKER_03 54:45

Is it a midlife crisis monad moment?

SPEAKER_01 54:47

I I've had about four or five midlife crises in my life. Yeah. And I think I'm enduring the fifth one right now. Yeah, and it's monad. And it's and monad might be the fix. I kind of pour myself into something new every time I have one. Um, and it might be monad this time.

SPEAKER_00 55:03

Becoming deeply convicted in monad in 2026 is like it's like the equivalent of uh buying like a Porsche 911 on your 50th birthday where you're like, I just gotta have a convertible man.

SPEAKER_01 55:17

I know what it is. I gotta do it. Yeah, yeah. Becoming deeply convicted in Monad in 2026 is basically the same thing as becoming deeply convicted in Solana in 2021.

SPEAKER_03 55:30

Is that what the Boogle said? Is that in the Google chat? Is that live? Oh, that's what I said. That's a massive show. Oh, that's a that's a direct quote. That's a direct would copyright that. Yeah.

SPEAKER_01 55:40

I I too can chill with with uh with the best of them.

SPEAKER_03 55:45

Um I wish the best for them actually. Like I kind of hope the chart actually looks pretty good. Um wish I was in and wish I was selling right now, to be honest. But um, yeah, yeah, I wish I was uploading right now.

SPEAKER_00 56:03

By the way, how different of a tone is today? You guys remember how we started uh the episode on Tuesday where stats just went like I have never I've never seen such a like a pessimistic doomer start to an episode. Stats just you're usually like the positive one.

SPEAKER_01 56:21

Actually, I know Swizzle, you're the positive one usually.

SPEAKER_00 56:27

Stats is supposed to be the reasonable guy. He's he's he's the one who knows what's going on, he's level-headed.

SPEAKER_02 56:33

Yeah, yeah, yeah.

SPEAKER_00 56:34

That's a smooth British voice, and then Wood is the is the annoying bear, and I'm a rational optimist.

SPEAKER_01 56:41

Yeah, I'm I'm the I'm the annoying bear turned uh monad bull.

SPEAKER_03 56:47

What am I, Mr. Reasonable XPL guy? Bad title.

SPEAKER_01 56:50

You're that's horrible. You're the desert dwelling war survivor.

SPEAKER_00 56:54

Who would have thought Wood would be bearish Bitcoin for eight months only to become a monad maximalist?

SPEAKER_03 57:00

Yeah, that's fucking crazy, man. Yeah, you told me that. Yeah, you wouldn't you wouldn't fucking believe me if I told you that six months ago, man. Jesus. I might a we need a we need a monad profile picture.

SPEAKER_00 57:13

Yeah, where's where's the can we make the monad boog the the monad booboos, whatever that would be, some ghost themed monad NFT? Maybe make a beer pong, make a digital beer pong uh avatar.

SPEAKER_01 57:25

Guys, I know nothing about monad. Let's be clear. I don't know a single thing.

SPEAKER_03 57:30

I don't think the team do either, so you're in good hands. Uh far away. Far away.

SPEAKER_01 57:38

Um well I think we're gonna have some fun this weekend. Um the trenches are just dead regardless of anything going on, which is unfortunate because that's where I'm good at trading.

SPEAKER_00 57:48

Um liquid weekend, up or down?

SPEAKER_01 57:53

A liquid weekend up. We're gonna fucking moon this weekend.

SPEAKER_03 57:56

I think down this weekend. I think horrendous destruction of the weekend.

SPEAKER_01 58:01

I can't tell if you're being serious or not. I think I think you're doing that just from the bitch. Sad to see on the straight right now. He knows what's happening. So I think. I think I think we tap 75 this weekend.

SPEAKER_03 58:15

I think we tap 68 this weekend.

SPEAKER_01 58:18

If we tap 68 this weekend, I would inside be a little happy, not gonna lie.

SPEAKER_00 58:23

But so basically, what you guys are saying come Monday morning, we'll be right where we are.

SPEAKER_01 58:27

Basically.

SPEAKER_00 58:28

No, yeah. No, I think we'll open nothing burger.

SPEAKER_03 58:32

Yeah, yeah. I reckon the ceasefire gets broken over the weekend and the straight goes into complete lockdown. We revisit 68. By Monday, the ceasefire's back, we're back to 70.

SPEAKER_00 58:45

Okay, guys. So, you know what? Enjoy your weekend. Stay out of the street, guys.

SPEAKER_01 58:51

Guys, I have one more thing we gotta talk about. Our boy XY is on the TL flexing his private plane.

SPEAKER_03 58:57

Is he actually? Fuck. This could be just rolled up news. This could be sick. I respect it. If I had a if I had a fucking jet as well.

SPEAKER_01 59:08

Oh bro, but he's not saying it in a flex point of view. He's like he is, but he's also owning a plane is is by far the biggest yes multiplier in my life. I love XY, but that's gotta be the douchiest tweet of the of the year.

SPEAKER_03 59:23

I might like and retweet that shit. Act like I've got a jet as well. I live frugally in every other area. I live frugally in every other area.

SPEAKER_04 59:33

You know, I do frugal in frugal in every other area.

SPEAKER_01 59:42

I do have to say this.

SPEAKER_00 59:43

I don't know if I'm allowed to say this, but I I know he is a he has a pilot's license.

SPEAKER_03 59:48

I do know he flies his own jet.

SPEAKER_00 59:49

Oh, nice. I don't know. I know I do not hear the dox any information. I just know that he has a pilot's license.

SPEAKER_01 59:55

He probably owns like a little Dicky Cessna.

SPEAKER_03 59:58

No, I I to be fair, he definitely doesn't. He definitely doesn't own a little Dicky.

SPEAKER_01 1:00:04

He definitely doesn't own a little Dicky. You guys know who else is a pilot who said and uh is uh spicy Peruvian, our boy. Yeah. Uh who people DM'd me in the very like very recently, someone was saying that like they thought he bought a plane. And I was like, no, dude, he got a private license and is a member of a plane club that he goes to and he flies borrowed planes. He doesn't own a fucking plane.

SPEAKER_00 1:00:32

Maybe he should study the charts a little more. You know, I don't know was that oh that wasn't XY. Who was that? Uh that was that was XY XY, yeah.

SPEAKER_01 1:00:41

No, that was XY. He said you need to study the charts a little bit. You need to put two million into a chart first and then we'll talk.

SPEAKER_03 1:00:48

Oh no, no, study the order books.

SPEAKER_01 1:00:50

Study the order books a little.

SPEAKER_03 1:00:52

Yeah, yeah. Go look come back to me when you understand the order books. That that is coming from someone who got a big thing.

SPEAKER_01 1:00:58

Was that an ETB quote? I need to.

SPEAKER_03 1:00:59

That was an ETB. He was saying that to John, I think. Um no, he was saying that to Sammy. Yeah, yeah, yeah, yeah. It was over Haskell. Understand the booksico. Yeah, it was over Hasiko.

SPEAKER_01 1:01:10

Was it Hasiko? Oh no, it was because he understand the books. Yeah, it was when he was piloting Crybaby. Oh no.

SPEAKER_00 1:01:19

No, he was all I know is if we're talking about those two guys, and XY was right. Oh, here it is.

SPEAKER_01 1:01:26

Go put Go put it was to Sammy. It was to shit going. Go put in one million plus on a chart on a meme, understand the books, then let's chat.

SPEAKER_03 1:01:35

Did everyone just start? Did everyone just then pin that to that quote? All time.

SPEAKER_01 1:01:39

Absolutely, absolutely.

SPEAKER_03 1:01:40

Yeah, yeah.

SPEAKER_01 1:01:41

All time quote.

SPEAKER_03 1:01:42

All time quote from our owning a plane is is by far the biggest multiplier in my life. I'm fucking copying pasting that. I think I'm gonna copy and paste that right now, too. I'm gonna go put that in the group chat with us and him. Woods about to tweet it.

SPEAKER_01 1:01:55

Woods about tweet it. I'm just tweeting it. You're not reposting either. You're just copying the text and then posting it as you're. Owning a plane is by far the biggest multiplier in real life.

SPEAKER_03 1:02:08

Period. Let's fucking go, man. Send tweet. He actually uh I've gotta say, he you know, he definitely doesn't have a shitty plane.

SPEAKER_01 1:02:19

Um he has a yeah, he has a beast plane and uh XY also only follows uh how many people is it? 16 people, and I am one of them.

SPEAKER_03 1:02:28

I know, I think all of us are.

SPEAKER_01 1:02:37

Beast. Swizzle didn't make the cop. He follows 16 people. He follows, he follows DZ, Saul Big Brain, Naval, Traitoresy, Kobe, Look On Chain, Dr. Pump, Pentosh, D Farmer, Pentoshi's big Watcher Guru, and then Not a Nice Cat 69. That's a crazy mix of tweets.

SPEAKER_03 1:03:00

That's a crazy mix, crazy mix of tweets. That's a crazy mix.

SPEAKER_00 1:03:04

Hang on, hang on. Who is who is D Farmer? This guy is his bio is JPEG addict. I love that he doesn't sign. He got the follow. I didn't get the following. I love he doesn't follow Swizzle.

SPEAKER_03 1:03:16

Look at Dr. Pump's banner. Wait, Henry, can that just last thing? Can we bring up Dr. Pump's banner? I'm about to put it in the group chat. This is a big XY follower. It's a big one.

SPEAKER_01 1:03:25

Do you know who Dr. Pump is?

SPEAKER_03 1:03:27

I have fucking no idea. But the banner's telling me all I need to know. All I need to know.

SPEAKER_01 1:03:33

Dr.

SPEAKER_03 1:03:34

Pump likes Pepe. Yeah, and yeah, what a crazy wow. That is an that is an XY follower there. Yeah, that's that's fucking special. But yeah, good finish to the pod.

SPEAKER_00 1:03:45

This guy is actually a good follower, by the way. He Dr. Pump account though, actually. Yeah, no, wait, he's smart. Yeah, that guy's good. Oh fuck. Now I look at right to that. No, this guy's actually pretty good.

SPEAKER_03 1:03:55

I'm sitting here cussing out his banner, and now you're saying he's fucking smart. Well, the bitch is a good one.

SPEAKER_00 1:04:00

During AI season, that guy was locked in. Do I follow Dr. Pump? No, I just followed Dr. I've just followed.

SPEAKER_01 1:04:06

I just followed Dr. Pump too.

SPEAKER_03 1:04:07

I've capitulated and I'm in. I'm in, I'm in the fucking Dr. Pump follow, bro. He's not gonna follow me back. I just know it.

SPEAKER_01 1:04:13

Uh last thing, and then guys. Last thing before we go is uh something I found funny that our listeners might think is funny, is guys took the Tau stuff yesterday and in chats were making it bullish Cled. They were saying that uh Templar leaving Tao was like when Cled left, believe.

SPEAKER_03 1:04:32

Big. You know what? I am bullish, I am bullish Cled. I know you're bullish on the show.

SPEAKER_00 1:04:39

I like Avi as well. I like that he has no filter. I like that he'll just say whatever. Yeah. It might get in some there might be some PR issues at some point, but I I like Avi.

SPEAKER_01 1:04:50

I hate the people I hate the people who like Avi, if that makes sense.

SPEAKER_00 1:04:55

I like Avi. I did I I have to admit I don't know how I got there, but I I'm I like Avi.

SPEAKER_03 1:05:02

I'm a big Avi guy as well. Big Avi guy as well. Big friend of the show. Probably next up to have a jet. Jet contender.

SPEAKER_00 1:05:09

He will have a jet, and it's not gonna be a dinky little Cessna.

SPEAKER_03 1:05:13

It's gonna be a real jet. Yeah. It's gonna be a real G55. That guy's gonna have a real jet someday. Yeah. Yeah. Prediction mark on that, please, guys. Seriously. Good ending. Good ending.

SPEAKER_01 1:05:26

Let's get out of here. Um man, I why do I have people texting me or DMing me to invest in their shit coin stuff?

SPEAKER_03 1:05:34

It's because you just said you own a fucking plane. Because you're a middle man guy, dude. It's just because you said you own a plane on the I think What? This guy's fucking rich in the band market.

SPEAKER_01 1:05:43

Let me get this guy's fucking DM right now. Oh my god, I'm out of here. Alright, we'll be back when Tuesday. I'm getting out of here for anyone else DMs me to invest in their shit coins. Um we'll be back Tuesday. Um 12 o'clock Eastern. Let's hope. I'm betting prices are up. Seth says down, Swizzle says. Up too. I'm gonna talk for them.

SPEAKER_00 1:06:01

Uh I'm just gonna pull a blunts or uh one of these guys, and then I'm gonna just quote teet, quote tweet an old post. I'll have one that says we're going up, one that says we're going down, and I'll claim victory on Monday morning. Either way, that's what I'm doing. I love it. I love it. Let's do it.

SPEAKER_01 1:06:17

Um, all right. Uh, we'll be back Tuesday. Good chatting, have a good weekend, guys. We'll talk soon. Big go.