FOMO HOUR 131 - BIG BITCOIN INFLOWS! - podcast episode cover

FOMO HOUR 131 - BIG BITCOIN INFLOWS!

Jun 05, 20241 hr 8 minSeason 4Ep. 131
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FOMO HOUR 131 - BIG BITCOIN INFLOWS!

BTC ETFs see large $900M inflows, biggest in weeks. $800M of shorts would be liquidated above $72K. BTC to $100K if it breaks $73K in a week: Novogratz. BNB hits new ATH, breaks $100B market cap. FTX reaches $200M tax settlement with IRS. Most investors should hold BTC: Fidelity. Tether CEO criticises EU on stablecoin regulation. Japanese exchange raises $320M to recover funds. ETH ETFs could see $4B inflows in 5 months: K33. Paradigm propose MEV taxes. StarkWare plans ZK scaling for BTC.

FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the Crypto, Macro and Web3 sphere! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.

Transcript

Yo-yo, what up? What up? Good morning. Good morning, MG. What day? What day is it? It's Wednesday. Whoa. Hump day, right? Is that hump day? Wednesday. Hump Day. Wednesday June 5th, 2020 look at that another beautiful day to have a beautiful day. The sun is shining, sorry shining in Montreal, Canada. Here I go my Co host in the house Tyler Mando. How you guys doing this morning? Good morning. I'm doing amazing man, how are you? Fantastic. How you doing Tyler? Doing well.

It's overcast here, but how could you be gloomy when the boomers are buying all the Bitcoin? Yeah, to the tune of a billion jillion dollars, billions, billions and billions and billions and billions. Now you love to see it. You love you love to see when the boomers are are piling into our our Bitcoin absolutely love to see it. So it is what do we got for y'all today on the show today, today. I mean, look, as usual, daily market report crypto macro, all

that good stuff. I mean it's looking good. We held up above 70 K this time Mando, will this be the big breakout? Let's see that let's see that will this be some people seem to think no, you know, you got on some side. I saw Mando quote tweeting on some saying, yeah, you know, it may go lower because that's how it happens. You chop suey and then you pump and then you got the other side of the of CT more on the no straight up, you know, so I'm I'm on that side.

So so we'll, we'll, we'll see where we're at. In this case, FDX reaches $200 million tax time with the IRS. You have B&B hitting an all time high, not a solo timeline talking about it, which I find really interesting. I saw Kaleo a few other people mentioning it, but it's actually pretty wild talking about not a lot of coins hitting highs. Solana and market cap now B&B as well and Bitcoin, of course. So love to see that. What else do you got?

You got a bunch of stuff going on, Starkwear paradigm, blah, blah, blah, blah, blah, big inflow day, nearly a billion dollars in one freaking day at $70,000. So even at even at a billion, even at 70 K, the boomers like are a Bitcoin. And then Tyler's top five today will go out with Tyler, but I'm sure he's got a whole lot of stuff to talk about today as usual, because I mean, shit, you know, stuff is popping right on time now.

We even have Vitalic. We have Vitalic boys weighing in on the the celebrities right now. I didn't expect to see this the first thing I woke up this morning. Vitali, you mentioned in the studio and you're going to talk about it today, but I didn't even wake up thinking, hey, Vitali's going to give us two cents on the celebrity meme coin Meadow. But he did it's. Just a wild take, like we'll, we'll get into it, but it's just a wild one. We'll, we'll get into that. So we're being right.

We're, we're, we're being railed back in to talk about it, you know, Phantom offering big jobs, etcetera, for, for, for, for reply guys, yadda, yadda, yadda. And then we'll be joined a little later by Redbeard, the great red beard Benny, good friend of the show, to talk about what we're up to in at Art Basel in Basel. Yeah, yeah, Art Basel is from Basel. Go figure. In Switzerland, taking off Sunday personally and getting there on Monday morning. But Ragweda is doing an event on

the on the 11th. We've already shared it. If you're going to be there, pull up. It's really sick. I'll pin it to the top in a second. And then last but not least, this show is powered by Moon Pay. To buy and sell crypto with PayPal, download the Moon Pay app. And once you've done that, fair side network wallets cover sorry wallet coverage for drains, scams and more. So anyways, anyways, anyways not for to do. Let's get right into it.

Can you dig it? Yeah, So GM, we, we did have a strong day yesterday, particularly on the Bitcoin side. So Bitcoin saw just shy of 900 million of inflows. It's the second highest net inflow day I think ever for the ETF. So a very, very big figure, obviously driven by Fidelity, BlackRock. And this kind of culminates, I think this is now 16 straight days of inflows and just doing the math in my head, it should be around 3 billion of, of

inflows over that period. So a huge, huge period of of inflows and you know, it's good to see it's picking up. I was kind of, I was kind of surprised at how big that because before that if you look at what we've been seeing, it's been kind of 50 to 100 for the whole of the last week. It's been just quiet small inflows. And this, this is very, very large. So yeah, very, very good for ECF inflows there. And there Bitcoins kind of rallied back up to that the top

end of that range. It's it's kind of hit, hit it again. It it hit it, it, it actually, it actually did hit it again. Here, let me pull up my astrology ratings. See, it's. Really. For probably 12th time it hit 71.3, retreated again. It's kind of wild how many times it's hit that and then and then now we're kind of hanging out just above 70 K Interesting. It was mainly Bitcoin.

So he said ETH has kind of still been hanging out, hasn't really kicked on. EPTC has kind of headed a little bit lower and Solana has had a a decent day back, I think like 172. But yeah, this felt like a Bitcoin liberally. And then I would say memes are mixed, like they're kind of where they they're not underperforming, outperforming. They're kind of where they've been Pepe's kind of where it was with is kind of where it was mug

kind of where it was. So there's I think the top three people kind of have eyes on and then you just have random ones which are just like up a crazy amount. I think that Tyler will get into some of those. But yeah, it's I would just say memes are mixed. And then all coins, all coins actually have have interestingly not had the most terrible week or so. Like while memes slow down, you should take a look at, you know that gaming coin that you have in your wallet.

Like gaming's had an OK week. Interestingly, like a bunch of different coins are up a decent amount and then you saw quite a lot of things in the ETH ecosystem, even the D5 ecosystem have a decent week. So this has not been a bad week for altcoins. It's basically what I'm saying. It's been it's been quiet, but quiet for salon. Well, salon has kind of bounced back, but like this is the environment where B&B has come back up and everyone's like, how

the hell is this at 700? Like there's a bunch of altcoins where you're looking at them and going like, oh, actually, like they've moved in the last week while meme coins have slowed down. So you've seen a bit of an altcoin rally, I'd say, and that in particular is things like gaming different L ones like Tong coin or or yeah, I can find two different different smaller L ones moved. BNB obviously got the most of the headlines and then and then maybe just some AI stuff has moved.

So yeah, go check out whatever alts you own. They're probably they probably had a decent week 1 meme coins and and even some of the majors have been quiet apart from apart from Bitcoin in yeah. No, go on, go on. I was going to double down the BNB stuff which is crazy, but go on. Yeah, well, that is kind of the big one of the biggest stories here. Like it's caught a lot of people off guard.

Remember this was this was getting threaded down to to 0 this time last year, the the sharks were circling with a 5050 page thread on why it's a massive scam and then kind of hung out at 200. There was all that talk about they have all these loans at 200 that are about to go under and then now it's at 700, so. You mean Adam Cochran's 500 tweet threads? Is that what you mean I.

Didn't name any names. There is a lot of speculation that this is partly due to the fact that CZ is in is in jail right now. So he may have been sitting on the offer of selling BNB over this, over this period and suddenly now it's absolutely ripped. I don't think it's that. I think BNB finance, if you look at the actual data well. Look at this chart.

It was really being challenged for market share like this time last year, like every single month it was like, oh, these people are gaining, gaining, gaining on Binance. And then it's it's switched it right round. The fact that it seemingly has been given not a staff of approval, but it's not been shut down over past actions meant that BNB has really come into its own. And you've you still see huge amount of users on BNB even during the like the depths of the bear.

BNB sees decent users mainly on the gaming side of things. And obviously gaming, you get a lot of bots. So it's difficult to work out like who's actually using BNB, but it's definitely more Asia focused. But yeah, back up at 700. Remember, this is kind of so so why would you own B MB? B MB is kind of is a chain. So obviously there back at the last cycle, it was where a lot of the meme coins were happening, right? Pancake swap that. Was crazy. Right. Was like the number one place

for memes. That was the Solana basically of the last cycle. Like you had coins every single 5 minutes. And there have been some memes this cycle on Pancake that have done a lot of BMB, which have done OK. The other thing is gaming. They have a huge amount of games and BNB is like the ecosystem for a ton of those different games. And then the third thing is the launchpad. So, and this is probably one of the one of the main things or was the main thing, the launchpad coins have not done

that well this cycle. But generally you have to stake your BNB to get a chance at a new coin coming out. So similar to what Jupiter's doing at the moment with the, you know, with the LFG launchpad, like if you stake your Jupiter coins, you get access. So you get like launchpad partner coins by staking it. So there's, it makes sense, you know, even if you're not using it, there's, there's different ways.

Even if you're not using the chain, you could just own it and then hopefully get new coins as they, as they get issued. It would help if some of their coins didn't go to 0. But at the moment, you know. It would help if some of those coins didn't go to 0. They, they put a lot of crap and they've, they seemingly have tried to clean up their acts and maybe even now the idea they're going to try and launch like better coins has been something that's maybe.

A. Little bit higher so so it makes it a a stronger, a stronger case. So B and BS really been a slow creeper of a story. But that literally since C ZS conviction, which was November, maybe last year. That was just before the Bitcoin ETF was approved, right? So maybe December or November. Yeah, that that's not a 3X, just doing a 3X. Impressive, man, it's impressive. I mean, just this week, the weekly candle's $100 candle on on being me thus far and and the weekly so far, it opened at 600

on the dot. So, so it's that's not bad. You look at it three months ago it was trading half of that. So so it's. You've been following this not coin thing as well. Yeah. You want to go more into that? Yeah, so not coin is like a is the ton coin effectively meme coin and it might have some like gaming applications as well. But this thing's gone really wild. It has since over the last month, it has done a 4X or 5X over the last month.

It's now at two 2 1/2 billion. Yeah, it's the corner of like Telegram games. Like it's insane. There's so Andrew at the crypt. He's actually been following it for a long time and he's been writing about it and actually six hours it was another article about it and it's actually insane. Like that community is crazy, dude. Like there's literally the most the second or third, first, second or third.

I forgot top three most viewed article in the crypt last month was an article with not coin that they ended up because he wrote about it, then ended up sharing it in their telegram, the group, whatever, and the article went crazy. So that's how it went on my radar last month. Should have bought it, right, because I saw I saw the stats on the media and I was like, dude, it's the most read article, even more read than the Solana meme coin that of like burning

himself. So, so yeah, so I don't know. Did you did you buy that one Mandel? Because that's, that's crazy. No, I mean, I didn't think a meme. This is essentially a meme coin that's gone to like 2.1 billion. It's not included in a lot of the meme coin list, but that's kind of how this is. And actually the Telegram founder, similar to like Shib where Vitalik got some, the Telegram founder owns like a ton of this. He was like he was given to him like something like 5 to 10% of the supply.

So he's like half shilling it. But yeah, ton hadn't been listed on Binance yet, at least for futures and then not coin got it listed first. So you've got a huge amount of interest. And then I think Tonkorn is now been listed for futures. But that E whole ecosystem, if you're talking about like, Oh yeah, we're all we all do, like Solana ETH, that's kind of a Bitcoin ton and BNB, they're slow focus, man. They're just, they've been going this cycle and they're they're doing well.

So definitely need to pay attention. They're Asian cookers, bro, like fucking it's cooking out there in Asia. Like a lot of people are involved in Taun, like Andrew Kent was talking about it a lot early on. But when I was out there in Hong Kong a couple times, they like it there. They like the coin. They like they like the coin. I mean, Telegram is the main app. Like no, it's just WeChat everything. But you know, Telegram is the app, right?

It's the it's a super app. Did you guys watch the I hate to watch it? The Carson, it's Carson Turner, right? Carson, Tucker Carlson Tucker Carlson interview with the Telegram founder. I I haven't seen it, but I know his story pretty well. But yeah, it's. Impressive. A lot of because he's obviously based in in Dubai. I think a lot of people out there did well from the initial launch. Like it like it was also, it's like a big foundation launch and everyone did well because

remember Ton coin Telegram? I tried to do a coin in the past and it got done for being an ICO. And then then they went down this like foundation route, like the kind of more above board route that people go down and a lot of people cooked. A lot of people cooked. And you know, it's got hundreds of millions of users.

Telegram. Yes. It's like the equivalent of. I don't know if WhatsApp had a coin or if. But bigger because it's bigger than WhatsApp. I miss had a coin, you know like this thing and this thing could really be a big deal. The only, the only real risk is if yeah, there is a lot of talk about the fact that after after Tiktok, Telegram will be next as the thing that could be banned because it's a Russian, it's a Russian founder living in the UAE.

And and the actual algorithm behind the the security, you know how it's like end to end encryption and WhatsApp and you feel safe about that. But actually the government could just say to Facebook, hey, give me the data. The idea is that they're not. They're not able to crack their encryption and it's far more difficult to get that data out of Telegram so. Are you making conspiracies up

again? No, this has been talked about a lot, which is weird as well because this guy, if you actually know his story, he got kicked out of Russia for refusing to give this data to Putin. He refused. And then essentially then Putin just like kicked him out and he took the data anyway. But but yeah, he's it's, it's funny that you know, the US is going to come after him, but. Yeah, I mean, it's impressive what's happening there. So there's plays, there's plays

everywhere. But but it's good to see another coin finally make an all time high. You know, it's been a while, you know, like we've been talking a lot about how it's just Bitcoin. Yeah, Solana did market cap. I get it, you know, and now and now with with BNB cooking. I just love the whole thing of like BNB Actually, Binance was never insolvent. They did well. CZ only got hit with like four to six months. Nothing BN BS at all time high. It's like peak bear market.

You have like Adam Cochran, Mike Alfred, all these big people like spreading so much fun like Mando. You actually used to go at it on the show and even on the timeline when you're like, dude, like this is bullshit. Like you're like, you know, like causing even more like thought on the timeline around this stuff. And turns out it ain't so bad after all, isn't it? Right. So, so I just thought that was ironic, you know? Yeah. I mean, Cochrane basically was got caught being super long FDX,

right? And then basically had recency bias and just thought everything was the next FDX and yeah, and it wasn't so wrong again. But yeah, I don't know. Yeah, anyways, that was funny. The other thing and I I want to go to you Tyler on the on the on the on the Tyler top five and everything are going on. But did you guys see Gary Gensler was on TV this morning and he had to answer a question of why there shouldn't be a bulk ETF. You guys got to watch this clip. I.

Did see this as I went. Went live, you hear? Is a natural. And. Osmosis, these are trading. Hold on, this is great. 2 millions of dollars these things are trading. Shouldn't we have it? Shouldn't we have some sort of product? Let me let me say something more broadly about the crypto markets right now without prejudging

anyone. These tokens, whether they're the ones Jim listed or other tokens have not given you the disclosures that you not only need to make your investment decisions, but also that are required by the law. It's a basic concept in our securities market. We the SEC tomorrow we're turning 90. Happy Birthday SEC 90 and. What President? Roosevelt did is he created this Commission to oversee that you the investors get disclosure and in the crypto markets they aren't giving you that disclosure.

And secondly, that exchanges like like here, this floor of the New York Stock Exchange, I love. That check against fraud. Manipulation. Pretty much explain to people why they can't be a bunk ETF and and apparently Kramer was on there acknowledging the fight as a Kramer coin. But not only that, out of that, I'm not going to play the whole clip because like 2 minute clip, but it. Looks like 150 and he's talking about Roosevelt passing regulation.

Roosevelt. Roosevelt had had the foresight to think of crypto here like it's just a wild thing. He could not look more boomer than a guy who looks 150 going on TV and saying hey remember Franklin D Roosevelt? He gave us the tools to regulate fucking Gensler coins, isn't? That dude. I know dude. Like the the unbelievable like fallacy in in what you're what you're talking about here. Like, it's just so wild to have

that stance. He also had yes he was on squawk bar saying note that he pivoted from all tokens to securities to tokens lack proper disclosure. So worth noting that pivot and then obviously he started like telling people why there can be other ETFs. But then theory Maximus here mentioned should also be pointed out.

They confirmed ETF approval and made it clear the S ones are are being worked on for those pushing narrative that the SEC may deny the S1. So again, again, Gansler's showing his hand here and almost like not almost he changed the narrative again, like straight change. And then of course pointing out the 90 year old thing. So you know what's funny? He actually pointed out the whole flaw. We're still operating with a 90

year old rule. For today's, you know, cryptocurrency anyways, Tyler. How old was Roosevelt when he came up with that rule? Roosevelt must. Roosevelt died I believe around that time. Like he, he died early, right? He died just after World War 23. Exact of 1933. So how old was Rule 50? Five when he came up with that. So a 55 year old man in 1933 came up with a rule about Gensler coin? Like what the fuck are we talking about here? This is. So absurd there's no other words. Go on, Tyler.

Let's hear from you. Tyler, what? What do you make of of Gary Gensler, what Mando's talking about? And let's hear what you got in store for us today. But what do you make of this conversation you've been having? Yeah, I mean, it's with, with Gensler, he's just, he's trying to find something, right? Just to, to stay in the forefront of the conversation. And now it's disclosures and, you know, not warning investors enough. I I, I'm just kind of tired of

this rhetoric at this point. Ready for on to the next chapter. It's it's funny that this is happening at the same time and he's talking about the SE CS 90th birthday to Salt Lake City or, or two days ago after their botched debt box case that they lost and and everyone quit or got fired so that they're not having the the best week over there at the SEC. Yeah, it's. Yeah, there's a whole. Yeah, I saw there's like a I saw

more bad. I mean, they're look, they're they're they're I'm I'm really curious to see if they're going to end up like just getting hammered on all the lawsuits with with the different exchanges and stuff or if they're just going to like kind of let go on that because it's not looking great. It must be grim work at this. Imagine waking up in morning, going to work at the SEC knowing that you have like an army of online people, trolls just like

hanging on you all day long. It's something else. But anyways. Yeah. So I mean, I was kind of living that life for a little bit at the end of my consulting career, I got deeper into like risk and compliance and it was helping institutions set up anti money laundering programs. And I just, I got, I just got so caught up in the details, you know, you just go through the motions on a daily basis. And then I had this kind of this

epiphany. It's like, is this, this is what I wanted to spend my time doing this like setting up all this red tape. It like doesn't even make sense. It doesn't even prevent, you know, the, the mass money laundering that's already happening in the financial system. And I went down deep into the

crypto ramp hole. And of course, now, now I'm here in a pretty big 180, but I mean, I can't imagine exactly what that life is like because because I've lived something similar and it's not, it's not fun. It's not fun. Oh, man, Tyler. Speaking of, I mean not fun. Speaking of fun, Speaking of fun, because this stuff we got, the rest of the stuff is fun. What the hell is going on on the timeline? Tell us, what's the big top five?

Yeah, I mean #1 Mando hit like Bitcoin runs to 71,000 on massive ETF inflows and then we saw BNP outperform reaching $700.00 and $100 billion market cap with CZ in jail. Next up, mother past 100 million hit a new all time high at 120 million market cap. Leading Vitalic of all people to weigh in on the celeb meme coin craze. Spoiler, he doesn't like it. We saw punks in NFT world fall below 38th for the first time in years. So that's the big headline there.

In broader crypto, we've got phantom and along the the meme coin lines, they're hiring a social media intern focused just on memes and reply guiding for 120,000 to 140,000 per year. And just like the most apartment sign of the times. And then in broader in the meme coin market, we've got Floki. Floki up 22% after DWF Labs promised to market make it with 12 million bucks. We saw this beer token jump 100% to 500 million and that makes it like a top 12 meme coin.

I've seen no one talk about it. Multiple runes are up 40 to 100% Over on Bitcoin though, Dog the leader is taking a breather. So that's that's the quick rundown. The leader is taking a breather. What a what a rundown. So let's, I mean, dude, let's start from the top. Let's talk about the celebrity meme coins again. His mother went over 100 mil. It is like $98 million, dude,

congratulations. Seriously, to everybody who cooked up that tray because I don't, I know there's a lot of people who made money on that tray because whether you bought at the Lowe's in the middle, you, you, you probably made money on the way up. But, but let's see, we are, I'm going to bring red beard up on here too. Red beard because red beard is like a red beard is, is our chief, you know, left curve officer here. But but Tyler run me through what's going on with Vitalic

here. Was celebrating the Bitcoin ETFs. The talk was arguing against celebrity meme coins. So he responded to a Chris Berniske post talking about the mother token breaking into value creation. The talk replied and I'm quoting here. I'm feeling quite unhappy with this cycles celebrity experimentation so far. Financialization is a means towards an end. I can respect if the end is worthy. Like healthcare, open source, software, art, etcetera. Financialization as the final product.

Puke emoji. Ashton and Mila's Stoner cats was vastly more honorable than anything we've seen from this 2024 celebrity meme coin era. At least there was an actual show being funded. How do we push things in a better direction? So pretty wild response there from the talk, especially tagging in the Stoner cats,

which was shut down by the SEC. He did go on to list a set of features that celebrity product should have for him to respect it, like having a public good or a goal, having a fun mechanic beyond just trading like a Dow boating system. And then it lasts 10 years or more and his north star as he laid being a project where happy. Even if the tokens go to 0. It's a pretty high bar and one that not many projects. Do we? Do we think Iggy Azalea has a 10 year plan?

Motherhood. I mean, is there a single person in the space with a 10 year plan? Maybe, Maybe Vitalik. I guess I. Got a 10 year plan? Very fair, but just I'm. Fucking right you mean I lost me. His his blizz, the ball points is just. I think, I think epic. Epic, yeah. Mendel, what is your tenure plan? What is your tenure plan for for the Epic Duck? Yeah, we're going to do ATV show. It's so weird he brought that up, right? Like firstly he was in like the promotion fridge.

Do you remember when like he was like explaining Ethereum to to those guys and then and then they also got done by the SEC that this is the same Stoner cats. So the SEC came in and said, hey, you guys were selling securities and they had to basically take the money or give the money back or something like that, right? They settled. Yeah, they settled. Yeah, that's exactly what happened and they sold 10,000 NTS for $800.00 so that they raised $8 million.

Like this was not like a charitable organization by by any stretch. Those NTS are worth 0 after the season desist. I, I like Vitalik, like I think he's a great, great guy, but he has created permissionless technology and he, I often find his poster often like he's not happy with what people are doing with that permissionless technology. Like, oh, no, don't do this.

Like, because I think the original, if you go back to like what originally the theorem was meant to be about, was it was like a new form of like, it wasn't just about money, it was about politics. It was about like government, the idea of dowels, the idea of doing things for public goods. And increasingly, you know, people are on there and just tokenizing celebrity meme coins and or pictures of apes. And he just says like, no, I don't understand why you're

doing this. You just got to chill man, like. You just people. Aren't doing what you think they're going to do. Doesn't make them bad like you've made permissionless technology. Hold on, hold on, hold on. I could have. Did you guys read this? I saw that, but I didn't know what it was in reply to because I've got Mando on notice, so I saw that. Oh my God. They put, they put, they put cats on screen. She's put cats on screen. That's that's I. See, I see, I see. That's that's clever.

No, no, the host opinions are not just their own here, they're everybody's. It's a. Joke it's, but it's not like it's too serious. That's a good one. Yeah. I mean, hey, who says that she's not going to take, like, build something out of this now that it's over 100 million straight up, she could pivot. She's got something now. Mother's over 100 million. Dude, mother is at 99.2 million right now. I know, I know. And guitarist is bringing more attention to it.

Like I feel like the more he goes on these tirades it it's almost like it just. Like. Yeah, I mean, it's it's definitely good for it. I don't see, I don't see how it hurts the coin, Right. Like, it's probably pretty good for the coin. Tyler, how are we doing on the celebrity meme coin, Meadow? I mean, you, you sent us another one yesterday. It looks like there's a there's a new housewife in town.

Yeah, the the celebrity meme coin meta has expanded to Bravo, the the television network and the Real Housewives. So folks may not know this woman. I believe her name is like Sandy Armstrong or something. But you will know the meme she launched the it's Wyack wyac woman yelling at cat. You will actually 100% recognize the meme. It's the woman who's like across the dinner table from a cat and she's just yelling at and her

friend is holding her back. I, I never knew who, who the people were in that in that meme photo. I guess I'm not plugged in enough to the housewives scene. I'm going to have to correct that mistake. But apparently it is that this real housewife and she went on our Instagram yesterday and like, she's not hacked. It seems like she is behind this. The, the boys, the trenches have done a little bit of due diligence on this. Apparently her husband is a

lawyer. So folks think that the the rug risk is a little bit lower on this one because because of that fact, top owner owns 9%. I don't believe they've touched any of it yet. So there's some questions around around that, but it's it's up like 1000%. Oh my God, Oh my God. Full disclosure, we definitely aped into that one, but I didn't know 'cause you guys were talking about this yesterday. Oh wow, it's nothing that's

$5,000,000 Look at that. I didn't know that that was the woman behind this meme, 'cause this meme is famous, right? Like yelling at the cat. It's. An incredible meme like meme dynasty. You know he does the incredible videos. He actually posted a thesis about meme coins tied to this yesterday and he he looked at all the things that need to check a box for a meme to do well for him.

Like one is the attention factor, one is being able to like replace it and put new characters into the meme to make it have like a longer shelf life. Like this one does that like you, you know, you can replace anything with the cat and it's just the woman yelling at, you know, whatever the like the straw man of the day is. I mean, of course this is all like low micro cat meme, so I understand what you're getting into and all that, but I mean,

it's a good meme. I was laughing at several of the memes yesterday. Yeah, it's hilarious. I mean, we're going to see. I was talking to someone yesterday who was saying that ever since the mother thing, they actually have like a bunch of celebrity agents trying to reach out to them and like, you know, try to get involved. I I, I would obviously be careful, but I wouldn't be surprised if there's like a bunch of like a bunch of celebrities or ABCD, maybe not a yet, but you know, we probably

go off the ranks, right. Mando, like that start probably like 18. Yeah, they, they all want to make. Let's be honest, they're in it for the money and that's totally fine. Like we know that are we all? That's what I said. I'm not, I'm not even thinking moral. Like you said, you can't take the moral high ground on the space. Like it's like it's kind of whack, right? So it's like, but there's going to be a place 101 dude, mothers at 100. I dude, I I can't believe I put it out of my bag.

I can't believe I listened to the timeline. I never listened to the timeline. I never. I never. No other bag is back broke, and this one's a little bit more painful for me because I rotated out of it. It says Zach through Zack Morris. It's just grinding back up. Oh, Benny, are you still in your Zack Morris or what? Benny. Benny's like the Chief resident best lettervist on CT. Wow, I bought the dip. You did.

You did. Benny sent us a message like 30 mils saying like yo I like it, I like it here. I told you I liked it. I liked it at the bottom over there. I like it. It tastes a different, it takes a different like style of like it takes a different breed of life curvest to be like yo this coin's down 70% because like a million other coins that launched since I like. It I told you GME also I like it at the bottom. I said the GME sold coin at the bottom. I was like, this is good.

I like the liquidity. I mean not I'm going to say things that sound like I know what I'm talking about, but I want to be very clear that I have no clue what I'm talking about. Aren't you the I saw throwing darts at their daughter today? It wasn't. That wasn't darts, that was a Chinese star. I want to be very clear. Yeah, you did. You are throwing darts at your kids. I mean, do you do this with your with your kids, Tyler? When? When the wifey's on?

I mean, look at this. Oh boy, yeah, I'm I'm not sure we've gotten this extreme just. Let me let me break, Let me break. Let me break this down for a second. Break it down for us. There's a blood cuddling screen there. Yeah, well, so you see the the red panda on top of her head, I was supposed to hit the red panda. And as you can see, my son is protecting my daughter and she's protecting herself. So there's there's no harm that

could come of this. It just happened to be that I may have gotten very close to her, her head. And my wife is away and I thought it would be a good idea. I got this new toy for them that we would try this out. So she hasn't seen this video yet so. It's really fun actually. My girlfriend has one of these at the country house. It's. Completely safe. Completely. They are safe. Shouldn't have lost an eye or anything like that. I just want to be very clear.

Yeah, please don't call like chat support, chat services or anything. Speaking to me, though, you brought it up. I mean, Tyler, that was one of your top five yesterday. We didn't have time to go on it. So what what's the latest on here? Because it's it's been, it was crazy to see someone someone ate, you know, 10,000 soul on that.

That was the headline. So right after, you know, E*Trade mentioned that they're going to potentially de platform roaring Kitty, we saw someone come in and buy effectively 10,000 soul worth of GME in one clip. It was $1.6 million and sent it single handedly to 300 million bucks that buy. I mean, it's not looking great on a on a short term time horizon since the tokens down to what like 8090 million, but it's got a new Wick there. There's a new Wick to fill if you are in the the GME army.

It feels like it's so much tied to just the broader like Roaring Kitty and GME saga. And I feel like it's almost like a prediction market in some ways. Like is he going to be able to pull it off? If he's able to pull off the trade, the token will do well. I guess you're you're out here as if he does get D platform or something that probably sends the token. Where are we on the GME saga? It's up. It's up today. 10 points. Like is he where? Where are we? What's the latest?

Has he been posting his position still? Like what's? He's still got them. He's still got them. He's obviously there's been a lot of controversy about whether yesterday it was both down, but they're up again today. They're short term options as far as I'm aware, right? Like they're going to expire relatively soon. So what do you think? Do you think they expire in the money or or KBM still thinks he's he's going to get done but. I I, I I I'll. I love my boy KBM. You know how much I love it.

I take the other side of KBM, though KBM does not compute with the left curve. He doesn't grant it. He can't left curve. He's he just it's just he's not capable. Yeah, it's it's it's it's not in his computation to left curve doesn't work. So if and actually if he does left curve, that's when we know we should sell everything. Get out. That's the top signal. You know he KBM and left curve. It does not, and he's great trade. Coinbase launched their smart wallet.

Now. Yeah, they just launched it 4 minutes ago. Holy. Shit. Smartwallet So now you'll be able to train any meme coin on Coinbase, right? Here we go. That's Oh my God, I really hope there it is, There it is. Everybody needs to be ready for that. What's going to happen now? There it is. Let's watch this. Let's watch this 32nd ad. Wow, 6 minutes ago, I guess. Breaking news, Tyler, for your top. That's tomorrow's top. But introduce this smart wall. Let's look at it. One chain summer one.

Chain Summer. Hey Tyler, I'll go to you first. What does this mean for our bags? Seems bullish right? The barriers are just being broken down right? It's like more and more barriers are are broken down the connecting the connection to your Coinbase account plus all like access to basically all the tokens and like, you know, perhaps in this like gasless environment like that's going to be nice.

Fuck. I I was just checking to see if any of the the base meme coins are ripping but they're not really. Apart from Jesse Polluk, I I think this is. Actually like bearish for base coins. It's like, I think part of the the base coin thesis was that it's just it would be given like preferential treatment to Coinbase users to coin can just trade anything I got. I don't really know that the base ones stand out. I mean, they have Solana on there. They have every single coin,

right? But you know, it's yeah, Solana. They're watching with Solana. Yes. Interesting. Yeah, Yeah, They announced that like a month or so ago. Aliens if people. Can. Buy the duck. Yeah, and you're wearing, you have the Coinbase blue on your background. I don't know if that was meant to be. Are you trying to send us a signal? Are you going to get the duck? You know? OK, Please be careful y'all. And yeah, I do have a fat bag. I I think multi chain is the way

to go now. I think Epic should be on ether soul. I have I have a call with some Bitcoin people on Thursday. Let's. See. OK, OK lads. OK, OK lads, OK, OK. Oh my God, I love that. I love that you're talking. About. Jesse did run a good media campaign yesterday on the back of this. Yesterday was the first day of on chain summer. You have MF record that went like absolutely crazy. I think it was up like 50% of the day or something at some point.

That was hard to see. So look, it looks like we're going to have quite a quite a busy summer and a lot, lot, lot of great stuff going on on on that front. Tyler, still with you here. I mean, we covered Vitalia Bitcoin ETFs quickly on the fantasy top update. What? So what's going on that front? Because there was an update yesterday on the burn stuff, right? Yeah, a couple things. In fancy top worlds, they introduced this burn.

Burn two hero cards of one level and you can get one card back of the same with you get like a .5% chance of pulling something at the next tier Bob. So you burn 2 comments, you're most likely going to get a comment. You can potentially get a rare. You can do this at every level. So you can burn 2 rares and then. Get another rare, perhaps get an epic, so on and so forth. They also give out those legendary cards or that the hero cards. So for Oak you you should be you

should go check your wallet. Make sure you do the claim. You will have some shiny new cards at your disposal. The the market seems to like it. Like My Portfolio is is up 3040% off the bottom. I mean, it's done a nice job of cleaning up the floor. There's been some Telegram screenshots going around of what the future looks like. It looks like they're scrapping this league model. They're gonna run multiple different tournaments concurrently in different styles.

So like a common only a stars cap tournament, like setting like you can do one legendary, one rare, one epic, different rules and you can enter as many as you want. So that they're kind of like opening it up, running more at the same time. I I'm ready for it. I I think that's a great move. Like I've I've hated this. We're opening your pack live. Sorry guys. Go click them. That's so funny. What are the odds? Sorry, I packed my own fucking card. My own card reward.

It's me. Oh, that's that's, that's your hero card pack. So you're going to get all all throat cards. So you're going to get all comments. You're going to get a rare and an epic. OK, sorry, I didn't mean to do that here. I didn't thought I was going to. That's hilarious. The. Sound of it. OK, so that's the latest there and you say that they're changing things, so I'm curious to see. I ended up 3000 and 30 seconds in the main tournament. What did you do?

I finished 70th. Oh, that's good. Yeah, I got 560 blast gold. OK, let's. Pull a few good cards. So happy with the results and I think they've got a lot of gold left. So the next there's only three weeks left yeah to to give it out so. What's the blast gold price side guys? What's the revised like stats blast gold price now? His is $7.32 mine is is 10 bucks. OK, Oh, ten, I like yours better. I like I like your blast gold

price much better. And last but not least, but you know, kind of, I mean, Speaking of blast, we don't have to go over it much more. But Packman, I don't know if you want to touch on that. You had a good you had a really good video that went out live the other day about explaining the validate validator stuff. But dude, 4th AirDrop and it's clockwork foolish unlock. Look at that. I get it's here. It unlocked here.

Literally clockwork you just have to buy or or you lever long up on Wasabi anytime the pack moon AirDrop is about to go out 'cause it just it spikes and it's basically at all time high. If we break, it's been trading in this like ±20% range for basically the last 30 days. If it breaks out from here, I think we're going to see it move and there's just nothing else to buy on blast like the NFTS are are largely pretty weak. The memes are pretty weak. If you want to speculate on

something it it's packed. When they've got the validator model, which seem people seem to like, it's going to keep drawing attention. That's going to be going for a while. It's a good coin like the coin. I like the coin. Yeah, we do like the coin. And it's really interesting what's going on. I see a lot more people. I saw Danny actually talked about yesterday see phrase so an automax self people when people get involved. It's I mean it's looking really

good. It's looking ripe for aggressive move up. So we'll see. Anyway. It is, though all the tokens look Sandy. I like it all my my coins, your bags like a girl eats so fucking you're on. I don't care. Like everything is looking really good in the last, but I already talked about it was a Phantom thing, $140,000, you know, to be a Phantom intern. And then I want to talk to you, Benny, about about a whole bunch of stuff that that that we've got going on together.

But you know what, I want to talk to you guys about this for a minute. That's why I went back to it. When I was in law school, I used to do all this like social media management and stuff. Like the time I got started and then eventually built my own agency and became an entrepreneur. When I dropped out of law school, I really told people there's going to be a day in

like 10 years. I said, right, so we're almost at the 10 year mark where there will be an era where meme makers and social media managers will make more than lawyers. And so when I saw this yesterday, I was like, Oh my God, it's happening. Like you have entry level job, remote social media associate, what the F you know what I mean? Like So what five years ago, like when I got going on

Instagram in 2014, right? It was not a no way there's something called a social media associate that exists right? Paid 120,000 United States dollars dude, that's like 180 K here OK to be responsible for managing our Twitter and Reddit

communities to help us grow. So look, all that means, all that means is for just like shit posting right online to get paid this much, two years of qualification, community management, not even 10 years, two years, two years of using social media, which every single kid in America has at this stage, right? If you're over like 20, you've been on this for over 2 years. Strong understanding of crypto.

Of course not that narrows it down a little bit, but there's a lot of good like shit posted on the timeline and, and, and I don't know, I think it's, I think it's just so interesting. It's remote, it's fascinating to me. This is like this is a massive paradigm shift, right? It it is, and it makes sense to me like one as as a participant in this, in this in the crypto Twitter space, like if the the social media intern is good, that makes me think a little bit

more highly of the brand. It's the same thing in meme coins, right? Like the epic duck Twitter is is hilarious. Like that made me want to double down on that, that token and people also like, I'm going to defend it a little bit. It is a time intensive job. Like it, it's being a reply guy and like being there for like the, the, the, the right moments means that you're kind of always on. You're kind of around the clock checking in on this stuff. And it is it the most stressful

or, or intense work? No, but you are like terminally online. So it is a very full time job. Yeah, it is. I mean, Mando, you would know because you're pretty much an intern yourself. Who? Knows who knows if I'm the duck intern or not, Yeah. Who knows. And no document and do not give burn. Any ideas? It's definitely not getting a raise and I. Do think these jobs are tougher than you think? Like, well, like, yeah, they are

tough. Being good, being good at social media is not like I, I, I know like, you know, being good Gladiator. That's what CG says, but he's crazy. It's not that hard. Like there's that's why there's creators or dime a dozen. There's a lot of creators. I mean, we have 100 on our network, but how many of them are like really big at the top end, right? A lot of people are aspired to be bigger creators or good witty with memes. I'm not even that crazy good with memes and stuff, but you

got like, it's just being witty. And as a matter of fact, it helps the brand grow like they're paying this much. First of all, that job post got 400,000 views. So media and marketing wise, Phantom already made that money back, OK, They already made that $100,000 back on just that. Putting that out there, you could argue maybe even half and then and then that if they hired the right person, then I'm super bullish for the company because in crypto we judge you not based

on the tech that you build. We judge you based on how good you are tweeting. So you know you can have that. You know, you can have that. So with that, you know, what does that say about the duck man, though? I mean that does mean the ducks should be higher because the intern of the duck is really incredible, right. So you absolutely love to see it. You know what we we need to get? You know what we got? We got to get the, the, the, the right.

Actually, no, I shouldn't even say this because it's going to give tabs and Sims too many ideas. I'm going to get like, dude, I shouldn't even talk about this. We're going to get way too many requests for for new salary changes here at Rugrido the crypt. So maybe let's let's skip that conversation going to the next next one, so. Anyways, we've already had that combo, don't you worry. Shut up, sieves. So anyways, it's like. Like I'm at the frog meme, you

know? It's like, what did you just say to me? Your mouth, your mouth. I don't have phantom money. I don't have much money Phantom raised how much money they've got in their in their treasury, but we definitely do not have phantom money anyways. Last but not least, Benny, you are here not to talk just about a beautiful meme coins, which you are like Betty's are going to be one of the best left curve traders I know.

But but we're here to talk about Art Basel and Basel, Switzerland, which getting back on the road on Sunday, I'm traveling to Switzerland, saying to Zurich and then driving to Basel and we're going to be presenting the our house with art Meta officials. So big thank you, big, big, big thank you to art Meta official because they're the people who made this happen. Of course, I spare studio for, you know, allowing us to make this happen as well as a partner. So talk to us, Benny, what's

going down in Swiss next week? Because you you created quite the panels. Yeah, so I mean, we're going to go from meme coins to art, which to me is on equal footing and levels obviously in this community, obviously everybody feels that way. So. But you know, to me, we do need to take some time to understand that we also have other things besides being coins in this community, which is digital art. So this year some amazing people have put something together called the Digital Art Mile.

And that is for anybody who doesn't know Yorg, he also is known as Snow Crash in the community, right? That's his Twitter. And I think the, to me, one of the things that speaking to Yorg and a lot of others is that it's, there's this sense of wanting to make sure that while we do have fun with meme coins and NFTS and all these things that, and I, I do think it's part of the culture and we should never be ashamed of who we are and what we're doing.

I think it's super important that there's this, there is this cultural side of digital art that has emerged in our community. And we need to sort of make sure that the outsiders don't just keep looking at us as left curve meme coin traders, but also as individuals who are facilitating and supporting and being patrons of amazing artists in our space as well. And essentially, essentially that's what the digital art mile is. Art Basel is one of the largest art get togethers in the year.

Basel for probably many of you don't know is not in Miami. The event Basel is Miami, but there's also this place called Basel that's in Switzerland. I think Mando knew that. I'm not sure Tyler did an arch directional guy so. Catches trays. Because I'm. Sorry, I did not know that actually. So there you go. See, I guess that, right? And Mando knew that because he's European and I feel like I'm European. And it's enough.

But the the Art Basel in Basel is very different to the Art Basel in. Miami correct. So like the first time in the. History that they allow digital art. So it's a big. Deal all like freeze but. It's a little, it's usually very more traditional, less I would say parties like they have in Miami, more art focused. And kudos to everybody who put this together, Yorg and others that are putting this together for sort of trying to infuse digital art into this, into this

event. And I think it's gonna go very well. I'm very excited. The partners there are amazing from Rug, Tezos Yuga, the there's the crypto partners. There too. The punks, there's a great partner that's working with with Rug called Osprey Studios, which is Alistair, who is a premier in my opinion, In my opinion, amazing type of human being who cares very much about art. Look. Look is beautiful man. Here, there, there I am. That's me and the person on the left we should talk about.

His name is Seed Phrase. I don't know if anybody know. Now, Danny is gonna be there. And I think Danny is an incredible ambassador of this space, one of the best collectors in this space. So basically, the panels we're trying to put together are very exciting there. Some people I think that people haven't heard from, you know, like Martina Negro, who's gonna speak Ozone's gonna speak from one of one. There's some very, in my opinion, some fascinating people and it goes on all week, which

is amazing. So there's, you know, digital art. Miles put together incredible panels the whole week showcasing a ton of good art. I think it's it's it's something we should be paying attention to and focusing. So and, and to me, one of the best conversations that's going to happen is between Ick shells and Sasha Styles. It's going to be a one to one artist talk and it's going to be the two of them talking about they're sort of, I don't know what time that is, but that's

the. It's on the this one, it's this one, it's the one at 11:10 AM. There you go, technology. Perfect, which I think it's incredible day. And they're both incredible, incredible artists. To hear them speak about what they're, you know, their lives here and you know what they're doing next. And you know, to me, I think that these artists need more of a platform. We need to hear what they're

saying. I, I think that there, you know, I, I go on the timeline every day and it's just arguments about what's important, what's not important, who's important, who said the most important things and what AI is, what AI isn't. And I, I, it's kind of, I feel like we're getting lost in the weeds a little bit here. And it just this is we're, we're like, in my opinion, at a nine innings of a digital art renaissance. I think we're just getting into the second inning of it.

I think the first inning was this, you know, world of new collectors and sort of what's what has value, what doesn't have value? How do we, how do we buy things to make money? Now I think we're getting into the second inning where it's like, OK, we need, we have a little bit of a lead, but like we're our pitcher gave a few runs now and we're like, we have to catch up. So now we have individuals who are buying art because they want

to buy art. Obviously all art has some kind of monetary value to it, but we're at least coming to that sense of what a real collector is or what a patron is. And, and, and I think that's super important to the space. And I think that if you, if people are focusing on some of the new collectors now, they're very much focused on that. So I think the digital art mile is kind of marrying all that

together. And I, I, I, I hope that people can come, if not what I really hope from this is that this kind of excites us to do more things like this and, and get a little bit more, you know, have a little more interesting conversation. You know, I speak to a far or it's far who's probably the biggest artist on ordinals and, you know, shout out to him who you know, he, he he here's a

perfect example. Someone who cares very deeply about art has a tremendous background, like in some of the Ivy League schools that he's worked at and been to. And you know, he understands the importance of on chain and that's everything to him. But realizing that we need to find a way to, to, to marry all this together. So I think that the digital art model is gonna to, is really gonna help focus that. And I, I like, I, I care very deeply about the success of this.

I, I think that there's some tremendous artists in our space that need the world needs to see. And these are the types of events that, you know, one of one and, and shout out to them and Lucas and Ozon, who worked so hard, who are gonna be there strong. And, and like I said, Jorg and Rog, who, who's really supporting this and, and, and many others and that we need to get this message out. And if we don't, then we're not

doing our due diligence. It's fun to make money on meme coins And I, I know it's all part of the game and we should do that. And I again, I, I, I've been saying it's one big industry, you know, there's different. Pockets of it. There's different pockets and you know, I just went to consensus and chatted to Sam Yuan, who did a tremendous job there. And when who, you know, that team, they, you saw the pockets,

right? There was art, there was defy, there was, there was meme coins, there was gaming, you know, parallel and forgotten ruins. Both had booths there and people were like lined up to see. So we're, we're doing all this, it's all working. The ecosystem is growing, but we also have to remember that sometimes we need to take ourselves just a little bit more serious. But I, I think the, my, my thought process is we should not

be embarrassed of who we are. We should not be, we should never, we should never steer away from the fact that we're a bunch of misfits and that we are different. And to me, I believe that the traditional art market is looking at us and peeking through and being like, Hey, what's going on over there? Because we're different. If we were the same, then they wouldn't be interested.

So we need to, we need to constantly not change who we are, but we also need to realize that we need to start sort of like working with others. You know, sometimes you don't love your cousins, right, or your brothers or your sisters, but you gotta work with them, you know, you find common ground, you know? So I think that that's sort of the idea here and I'm pretty excited, so. I love that. Thank you for all the help on

that front. You know, when it comes to art behind the scenes on the rug radio side, we always go to Benny. So Benny's the one who created the entire thing with four, with us, with Asprey. So it's beautiful. I love to shout to Jen. This graphic cooks the whole. Yeah, this. This is the night. This is one of your best graphics. I think it's the best graphic we've ever put out, Percy speaking. I mean, the green is just. Yeah, the green, I think that's from a digital art mile. Well, did.

You know, I don't know if I could show you a picture talking about green at Asprey Studio. Ollister has a giant jade rock that's like the size of my head and I I, I touched it with my head and I feel that it started the meme market to go up so. Yeah, I think you you touched the big jade rock with your head and started the market. I think I think I started. I think so too. I think so too. I oh, Sims says He's held that rock.

He was at Aspirate Studio also not long ago for a meet up and he actually held that rock so the. Rumor is is that Sims held the Rock and then his wife got pregnant that night. That's that's what I've heard. So I'm just saying that Rock has tremendous deny. Any of. This. There you go. See, that's true. You guys are so funny. So anyways, if you're in Art Basel, we have a great programming for you. Like it's going to be, I'm really excited for.

It's just really different also for the type of events we do. So it's like 10:00 AM croissants, coffee, you know, we always do vibes. Apparently I'm doing a welcome remark at 11:00 AM, Great panels. 11:00 to 11:00 to to 2:00 PM. Then we have a great lunch in partnership with Yuga and the crypto punks, et cetera. And then the crypto punks have taken over. And it's a crypto punk event on the back of that for the rest of the afternoon, followed by screening of the movie.

What the punk, because the place has a movie theater, which is Super Six. It's gonna be our house, Art Basel in Switzerland. Super excited for that. It's been a while, It's been a whole like 3 weeks since our last event and, and, and then, and then we'll be doing this with the crypto punks and everything through there and. And, and everybody should take a look at the people who are panelists. You should follow them. Mimi, for instance, who is brilliant and a professor and a

great curator. Just everybody on that list from Echo. And, you know, I can't remember everybody who's out there right now, but just it just. My, my only thing is, if you can't be there, follow those people on Twitter because they have a lot to say, especially if you, if you do love art, then there's something to say about, you know, finding the right people in this community. And I think that there's tremendous people who are trying

to build quietly. And we've seen that with John Karp and Greta, what they just did in, in Lisbon. And I think we're going to see more of that. And I, I so, so if you can't be there, follow these people on Twitter and, and if you know, get to nothing. And, and we, I think we're also launching a coin called Basil, right? Is that happening right now? And pump that fun. Oh yeah. Yeah, yeah, yeah, yeah, yeah. Chill. Basil dot inu. OK. OK chill chill chill chill chill chill chill.

In case of an investigation. Dude, I I ain't launching no. Coin it's ripping right now. Basil Inu, get involved. Get involved. Get. In Frazil Inu. Frazil Inu is ripping, dude. I love that. Listen, listen, everything ripping, everything. My coin. Did you see? Did you see last? Night. I know we're supposed to talk about art, but I don't know if you saw these as someone made a coin about what these did and then it ripped like 4 million. Yeah, I saw. I mean, I was, I didn't.

I was at dinner with the cracking folks because they're in town. But I man. But you love how Farooq was that? I was just like I was at dinner with the cracking folks. He loves. He loves that he just. Like you love that, I'm just saying. I was at dinner with A. Part at dinner I was just I was just hanging out after. Work all week. Vitali came over. He needed to use the toilet. I'm not cool. I'm not. I'm not building something big enough on the the theorem for

Vitali to acknowledge me yet. Not yet, not yet. You know it's a 10. Year plan. We're not, we're not. We're not big enough from an Ethereum company. Talk about artists, talk about Vitalic. You know, by the way, he does love art though, so I don't know if you saw he met with Yatrada in in Africa and they had. Stick. Yeah, you should check out on her timeline.

Joey Elliott and her posted it. It was pretty incredible, their story, you know, in general, but getting to meet him and talk about all things related to Africa and blockchain and stuff like that, pretty awesome. So. That's that's really cool. I mean, hey, Vitalik wants to finally acknowledge, you know, one of the largest media companies that was born out of Ethereum. And come on, Snow, he's welcome. To but I feel I feel like the day, the day that Vitalik. What?

Oh, I thought I lost you guys the day my computer went funny. Day Vitalik acknowledges bat soup. Yum. In my opinion, in my opinion, I think that that's it, that that's when we know we've. We've reached. Earlier because to me, bat soup Yum is pretty much like the the quiet hero that we all have in this in in our community. I mean, barring that, he's 85 years old, can have that at his chair, which is really, you know, but he's working on that. He's he's been exercising a

little. Lately, what's that painting behind you? Oh, so this well, this is a this is a squiggle that but let me. Know that one we know. Eric, Eric Drew that one. OK, this is this is actually my great, great grandfather. Yeah. He was he was in the the Prussian army. He looked, he looked like linen. Right there the linen meets. Bread. Yeah, it took. He actually the the story is that alone he took on a whole horde of Cossacks and he saved his village.

So that's my great, great grandfather. Is that Lenin though? There's a grand grandfather's Lenin. He. Took on a hold of Cossacks by himself. All all by himself, literally like that's that's I mean, this is I don't think I can look that up. So. Wow, what an honorable great man. A wild story. Does he bite? Does he own Bitcoin though? So he doesn't because he's he's dead. He lived 500 something years ago.

But he did leave me there. I. Don't know if you're bullshitting me or not, but I just don't even know what this is. That's how I learned how to play the. Oh, here we go. Here we go again, Sims. Here we go again. Here we go, guy. Give us a. Horde of Cossacks that sounds like. Leave us off, Leave us off with the song. Let's close the show with the song Benny. Everybody wants to buy meme coins. Nobody's buying art except

Danny's seed phrase. But now Coinbase got rid of those, so Danny needs to change his name from seed phrase to passkey if we don't know what that is. But one day, when beam coins finally go away, maybe then your NFTS will be worth something. It's. Beautiful. Wow. Wow. Just absolutely beautiful. Absolutely beautiful. I mean, the crowd is cheering. The crowd is cheering. I've been working on that one for a while actually, so. Congratulations.

I love that song, Benny. I wish I would see you in Miami. I'm sorry, Basil. See, See. Like you see the mental thing, like the mental gymnastics of having to explain. I've had to explain like 50 people that. Yeah, I'll tell you a quick serve before we go. I, I, I met someone in the traditional art world who very, you know, big writer. And I said to her, yeah, I'm gonna go to Basil. And she said, oh, I'm going also. So I said, I said, I can't believe they'd do it in Miami

twice. She started laughing at me. You know, But never be embarrassed for the fact that we, well, we don't have to know a little. Season Switzerland. OK. And Switzerland, this on the map? Yeah. So which is which is my point here, which I just want to say that the very important message I feel like I want to leave you with all is with art, especially, you know, we don't all have to have PhDs and

experts, right? We could love what we collect and our gut could tell us. And I think these new crop of collectors always try to learn more and be part of it. You're, you're never going to be, you know, the biggest collector, but it doesn't matter. You're never going to be the historian. But to me, events like this that are happening in Digital Art Mile and more that we're going to have, This is how we build.

So get to it. And as Mando would say, make your buys great, but make your cells epic. Yeah. I do say that. A lot. It's it's definitely do it that way. So with that, if you're in Montreal, come check me out. I'm headed right now cracking Williams F1 fan zone. I'm going to be out there interviewing Alex Albin, you know, Williams racing F1 driver on at 2:45 PM Eastern Standard Time. So I'm excited for that. So come see your boy.

Come see your boy. The guy who owns a restaurant across the street, He owns the French Bistro. Say he's going to Saber champagne for us. So if you're there, if you like champagne, like F1, if you like cracking crypto, you know, come through. I'll be there today, tomorrow after tomorrow, vibing with the squad with that, I have a good feeling about our coins sending, you know, higher today, higher tonight, higher tomorrow. Benny, thank you for coming entertaining.

Thank you for meeting. Both on the left curve and on the right curve side. Appreciate you. Shout out to the digital art mile Art Meta for allowing us to partake, for allowing me to be ambassador, but also rock radio and to crypt to partake in in in the festivities of next week. Can't wait to be there. And with that, with that, with that, we'll see y'all tomorrow morning, 10:00 AM Eastern Standard Time for another episode of Formal hour on rock radio. Let's go.

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