0:00

Well, well, well, how the turntables

0:02

turned. It seems like a long

0:04

time ago and just yesterday at

0:06

the same time that Bitcoin hit

0:08

an all-time high of $69,000. After

0:12

selling off all the way to

0:15

$15,000, the road back has been

0:17

long and perilous. Yet, here

0:19

we are once again knocking on the door

0:22

of a new all-time high. We've got a

0:24

lot of stories to talk about in the

0:26

Bitcoin and crypto space. We're not going to

0:28

want to miss a thing. Knock

0:31

knock. Who's there? Bitcoin,

0:33

blockchain, cryptocurrency, NFTs, and the

0:35

two baddest hosts in all

0:37

of crypto dim. This

0:39

is our bad news episode number 716 of the bad

0:41

crypto podcast. This

0:59

is episode

1:04

10,925. We've

1:12

been at the show for 40 years. We're

1:17

Bitcoin billionaires now. Sure.

1:20

Lord Travis. Travis isn't

1:22

here because he's already dead. Still

1:28

going strong here now in our seventh

1:30

year of badness. We're

1:32

glad that you guys are here.

1:34

The show for the crypto curious,

1:37

the crypto serious, and the excitement

1:39

is palpable. It's happening. By

1:42

the time this episode comes out, Trav,

1:44

we could have hit a new all-time

1:46

high and just to timestamp it, it

1:48

is the 4th of March, 2024, 2.07pm

1:50

in the afternoon Atlantic Standard Time

1:56

and things could change really quickly.

2:00

Yeah, things tend to do that here in this

2:02

space. It goes quick. That's why it's hard to

2:04

do pricing and news episodes sometimes

2:06

that go out the next day. So

2:08

hopefully, this will go out tomorrow and

2:11

is what it is. But the

2:13

crypto world, we've seen it. This is our

2:16

third bull run now, Joel. I mean, we've

2:19

seen the ups. We've seen the downs. We've

2:21

felt the pain. We've felt the joy. And

2:24

here it is. And by

2:27

all accounts, it looks as

2:29

if because of the

2:31

Bitcoin ETFs that things

2:34

that would have happened maybe post-having seem

2:37

to be happening now. So

2:39

we might have sort of

2:41

scootched up the total

2:45

bull run a little bit. And

2:47

it seems like things might be

2:49

a little askew because there is

2:51

so much big money. Not

2:55

just retail investors. We're talking big

2:57

money because those ETFs, $500 million

3:00

a day pouring

3:02

in on some of these ETFs.

3:04

And so it's like, wow, it

3:06

looks like folks, they're running out of

3:09

Bitcoin on some of these OTC desks.

3:11

So it's crazy what's going on. We

3:13

could see some parabolic stuff happening over

3:15

this next month as we approach

3:18

the halving, Joel. Yeah, I think what

3:20

they call it is a God candle

3:24

that they're expecting here pretty soon. So

3:26

let me go ahead and pull up

3:28

for those of you watching the visual

3:30

version of the show on YouTube, Rumble,

3:32

or Odyssey. CoinGecko, let me

3:34

refresh it. We have a $2.589 trillion market

3:36

cap. The

3:39

all-time high. Say that again. Say that again. It

3:41

kind of makes my nipples fall. Ow.

3:48

They just poked through the screen and hit me. Don't

3:50

put coke tins on. That hurts. Bitcoin,

3:52

$67.61 with a market cap of $1.3 trillion all

3:58

on its own. Theory. $3,584 BNB 420 Solana

4:01

$131 XRP 66 Cardano 78 and Dogecoin on a tear up a hundred percent

4:12

this last week currently at 17

4:14

and a half cents and of

4:16

course all of the altcoins that

4:18

you know love or hate coming

4:20

up behind it here the biggest

4:23

winner for the week is Pepe

4:25

and we're going to talk about the meme

4:28

coins Pepe Floki dog

4:30

with hat bonk Sheba those are all

4:32

meme coins and they're all huge gains

4:35

this week yeah Dogecoin

4:37

is taking off today also I saw got

4:39

up to maybe 18 cents and

4:42

so you know as more

4:44

money flows into Bitcoin and we have

4:46

these you know big companies pouring money

4:48

in and these retirement funds that have

4:51

access to Bitcoin now it it

4:54

is it is very interesting because some of

4:56

these you know meme coins there's

4:58

only a few places where you can even

5:00

buy them and you

5:02

know on on last episode we

5:05

had the episode with Robin Hood

5:07

and I and I saw somebody talking about

5:09

this is that America now you

5:11

know there's no there's no more I

5:13

can't get on KuCoin now you know

5:15

bit by Nance can't get on by

5:18

Nance can't get on in some of

5:20

these other tokens so some of these tokens if you're

5:22

America you can't access them right the

5:24

ones you can access are the ones that are

5:26

on Robin Hood and some of the ones that

5:28

are that's where a lot of retail investors are

5:30

going to flow because they're like oh and there's

5:33

only like 15 tokens that are

5:35

even on that you got coinbase which there

5:37

are a lot more and you got

5:39

crypto.com those are basically your options now

5:41

I mean there's no other big I

5:44

go to Mexi oh sorry your IP address

5:46

says you're in America you you and North

5:49

Korea and I

5:51

ran you can't do this I'm like what

5:53

this is ridiculous man so you know I

5:55

look at where are some of the where

5:57

is some of the money going to go

5:59

over time Well, you know Shiba

6:01

is on coinbase, right is Pepe on coinbase I

6:03

don't know. I've not seen that but I know

6:05

that over the last month. It's up over 777

6:10

percent Pepe so it's insane watching

6:13

these and here we are knocking

6:15

on the all-time high Joel with

6:18

Bitcoin like we are like a sniff

6:20

away like it's at 67 something thousand

6:22

right now timestamp at 12

6:25

12 Central time on

6:28

the 4th of March. So dude, this

6:30

is crazy times right now And

6:33

by the way, you know I have

6:35

told everybody here before that I have

6:37

a second citizenship in st Kitts which

6:39

allows me to kyc and AML for

6:41

exchanges that US citizens on their own

6:43

can't do and There

6:45

are other alternatives out there and I've

6:48

been seeing some of these people in

6:50

a group I'm in talking about the

6:52

Republic of Palau Apparently

6:54

you can buy a digital

6:57

residency for Palau for for very

6:59

little It's like two hundred fifty dollars

7:01

a year and it lets you eight

7:04

Yes It gets you a physical

7:06

mailing address and all of this stuff

7:08

Oh the link to the the website

7:10

for Palau is Palau gov Pw

7:14

and there's this digital residency product. It might

7:16

be more than that up front and then

7:18

an annual fee But I'm gonna put a

7:21

link to it allow that I'm not what

7:24

Palau gov Pw-4

7:27

slash dro I just dropped in the show notes and

7:29

you guys might want to check it out as well

7:31

I don't know, you know whether

7:33

or not it's it's legit in

7:35

terms of doing kyc But do

7:38

some do some research on it and it

7:40

might be a way that as a US

7:42

citizen You can get access to Exchanges

7:45

and tools that you might not

7:47

otherwise. Okay, so do your own

7:49

due diligence I don't know for

7:51

sure it looks it looks interesting and I'll

7:53

pull it up real quick right here Just

7:55

so you can see what it's gonna

7:57

look like we're Americans and we don't have enough free

8:00

them to be able to spend our own money they're

8:04

fucking idiots. I don't know what else

8:07

to say. It's all right here on this. It's not

8:09

another passport though that was smart. It's all right here

8:11

on that website so you could check it out. So

8:13

on on CoinGeckoTrav you

8:15

have to go to coin

8:18

number 112 that's blur and

8:20

it's so 112 and up

8:23

are all billion dollar market

8:25

cap coins. So we're going

8:27

to see here assuming this bull

8:29

run continues as we think it is

8:32

all of these that I think you know

8:34

down to at least a half

8:36

a billion are all going to pop

8:38

up over. I think you know the

8:40

top 200 should all be worth more

8:42

than a billion and this crypto market

8:44

cap overall you know if we saw

8:46

an all-time high of 3 trillion before

8:48

I think I think we see 10

8:50

trillion this time around. I

8:54

think we have never seen

8:56

the amount of money pouring

8:58

into crypto like we're seeing it right now

9:00

and you're seeing a lot of companies and

9:02

a lot of you know a lot of

9:04

governments given Bitcoin validity

9:07

as a investment instrument right.

9:09

And so it's not that

9:11

nefarious. Oh there's scammers and

9:13

hackers and out

9:15

there and it's only that and that's the way

9:18

you know people are sending money

9:20

nefariously. It's not like that anymore.

9:22

Now there are still scammers and

9:24

stuff and you did

9:26

mention something about blur blur

9:28

the creators of blur launched or launching something

9:30

called blast and you got to be careful

9:32

with that. There's some awesome stuff that could

9:34

be happening with it but there's also some

9:36

treachery you need to be paying attention to.

9:38

We can maybe talk about that later on

9:41

at the end of the show. And you

9:43

can get blasted. There's one other thing I

9:45

want to point out. I'm not sure if

9:47

you shared this video with me or somebody

9:49

else did but Michael Saylor was just a

9:51

Bitcoin Atlantis and this is a must watch

9:53

people. This is a great talk. I

9:55

mean I've heard him talk about Bitcoin before but

9:57

this is a new presentation he gave. which

10:00

is incredibly persuasive. It's called Bitcoin

10:02

is for Everyone. There's a link

10:04

to it in the show notes.

10:06

Go watch this and then show

10:08

this to friends, family, associates. Send

10:10

them the link to see this

10:12

and they will understand Bitcoin like

10:14

never before. The dude is,

10:17

they have 191,000 Bitcoin now, MicroStrategy does. The

10:22

stock's gone from like 300 to over 1,000 in

10:24

just a couple months. It's

10:28

worth a ton. Think about this, Trav. Once

10:30

he has 210,000 Bitcoins, MicroStrategy will own 1% of the

10:32

Bitcoin supply. Right.

10:37

That's insane to think about. And

10:40

that presentation, it's

10:42

almost like that's the one you want to

10:44

show your friends who have not gotten Bitcoin.

10:46

They don't understand it. They don't understand what

10:48

crypto and why it means anything. Watching

10:51

that one when you see a

10:53

very successful businessman who's gone all

10:56

in on Bitcoin and have him

10:59

explaining it and like why it's

11:01

the best asset potentially ever. And

11:04

he's comparing it to local real estate. He's

11:07

comparing it to all this other stuff. And

11:09

you watch it, you go, man, I

11:11

mean, it's it's what I've actually watched it twice just

11:13

because I went back through and I was like, man,

11:15

this guy is is on it.

11:18

And I've watched some of his other stuff and

11:20

he's been on the news all over the place.

11:22

But definitely go watch that when

11:24

you're done paying attention to what we're doing

11:26

here. Add that to your queue

11:28

because it's something you want to watch. And

11:31

now this story from CoinDesk

11:33

says that 97% of Bitcoin

11:36

addresses are now in profit. Well, of course

11:38

they are because we're just

11:40

two thousand dollars away from all time

11:42

high. But isn't that it just doesn't

11:44

that give you warm fuzzies to know

11:46

that, hey, everybody who's bought Bitcoin for

11:49

the most track, for the

11:51

most part, they're they're in the black and

11:54

they've got profits. And so this is

11:57

good. So

12:00

actually yesterday, Jameson

12:02

Lop, who's a friend of the show, has

12:05

been on twice, he sent out a tweet

12:07

that says, your OG status is determined not

12:09

by how many Bitcoin you hold, but by

12:11

how many you've lost. And

12:13

I said, oh, oh, oh, no. Well, then I'm a

12:15

super OG then because I lost 55 in 2011. I

12:19

had mined a block and claimed five from a

12:22

faucet and my computer crashed. I threw that out

12:24

after the mining smoked my system, but I really

12:26

do miss you $3.4 million.

12:28

And now it's even more. Think

12:30

about that. Everyone, almost everyone, unless

12:32

you bought it at the exact

12:35

69,000, whatever, you

12:37

have earned money. What other asset

12:40

can you say that's like that?

12:42

Like it just blows me away. So

12:44

that's why you're seeing all these people start

12:47

talking about, you know, Bitcoin, like they've been an

12:49

expert in it for years, even though they're just

12:51

now sort of figuring out. Now, I was watching

12:54

something else about how, you know, Jamie Dimon and

12:56

some of these other ones, like you could see

12:58

how they were talking shit on it, talking shit

13:00

on it, and then buying it in the background.

13:02

Right. That's how they work. Oh, talk shit, talk

13:05

shit. Buy it, buy it up. And then once

13:07

they feel like they have enough, then they then

13:09

they talk about how great it is. And so

13:11

we're at that point where the media coverage is

13:13

about to go ape shit again. Yeah.

13:16

So check this out here. This is the Wall

13:18

Street cheat sheet. You can actually go find this

13:20

on the Googles or the Duck Duck goes. And

13:24

from, you know, other

13:26

people, what they're saying and where we are

13:28

in the cycle, most likely we're in that

13:30

optimism space right down there. So we were

13:32

in the disbelief for a while. We were

13:34

hoping a recovery is possible and boom, here

13:37

it is. The rally is real. And

13:39

so we need to pay attention because we

13:41

could be doing, we could be in what

13:43

they're calling a left leaning cycle, meaning

13:46

that we're ahead of the, of

13:48

the having and a left,

13:51

I think it was like a left forward or something

13:53

like that. I don't know exactly what they're calling, but

13:55

we are maybe left of the timing. And so maybe

13:58

what ends up happening is. our

14:00

bull run ends up getting shorter. So I

14:03

saw another video where somebody was talking about like

14:06

here was the bull run, here was

14:08

the peak, here was the low, here's

14:10

how many months that happened in between

14:13

it on average and they were saying

14:15

that based on where we are and

14:17

historically overall the bull runs that the

14:19

bull run high of Bitcoin in the

14:22

crypto market will most likely be in

14:24

September of 2025. Now

14:26

historically it's always been like November, December,

14:28

January we saw that but they're saying

14:30

this is most likely being moved up

14:33

so don't hold our feet to the

14:35

flame on that one not financial advice

14:37

just saying keep an eye on it.

14:39

I think this bull run is potentially

14:41

unlike any other one because of the

14:44

validity behind it because of how

14:46

much debt America has and

14:48

we are just eetering this peak

14:50

of optimism and the belief thrill

14:52

euphoria that we've never seen before.

14:55

A lot of people now are talking

14:57

Joel about 180,000 high for Bitcoin, some

14:59

people are talking about you know 250,000,

15:02

some people are saying in five years,

15:05

Cathie Wood of Ark she said yeah most likely

15:07

in five years Bitcoin will be 1.5 million

15:10

dollars a token and that's just insane.

15:13

Right the case can be

15:15

made I saw one guy I think in that

15:17

same video of Cathie Wood talking about that he

15:19

says 150 billion

15:21

is going to flow through ETFs right

15:24

now it's like what 4 billion or

15:26

so and the host

15:28

was like well that's even more than that because

15:30

a half a billion is coming in a day.

15:32

That sounds outrageous how do you come to those

15:34

nervous he says well you do the math there's

15:36

x number of financial advisors serving this many people

15:38

here's the market cap on it he ran the

15:41

math and he's like this is the number and

15:43

that's just retail that's not counting as

15:45

Cathie Wood brought up that the people

15:47

that they work with right

15:49

the banks the banks aren't

15:51

even involved yet and you know they're going

15:54

to want big wire houses are not involved

15:56

yet that's right so this is also interesting

15:58

the smartest people in the room. includes

16:00

Naive Boukely, the president of El

16:02

Salvador, who they're tracking the amount

16:04

of Bitcoin that they have and

16:07

look at the profit on this.

16:09

Up 57% on the Bitcoin.

16:13

This is why I stand by the

16:15

contention that El Salvador is going to

16:17

be the richest nation in Latin America

16:20

in 10 years. We're going to see

16:22

it's going to have boomed so much

16:24

and others, you know, we're going to look

16:26

to them as the model of this is

16:29

how you do this. Right.

16:32

How nice is that? They

16:34

said back in November of 2022, he says we

16:36

are buying one Bitcoin every day starting

16:41

tomorrow and that was when Bitcoin was

16:43

like 15 grand. Crazy

16:46

and of course during

16:49

the bear market he's getting lambasted.

16:51

Oh he lost his shirt on

16:53

this and you know these

16:56

people with no vision. Bitcoin

16:58

daily withdrawals challenge records as

17:00

two billion dollars leave

17:03

exchanges into people's

17:05

cold storage undoubtedly.

17:08

Well think about that. If daily

17:10

withdrawals are happening remember what happened

17:13

with you know FTX and they

17:15

were leveraging you know customers' crypto

17:18

and they were leveraging customers'

17:20

money. Like what happens

17:23

if the Bitcoin you think you have

17:25

on Coinbase is not on Coinbase? Right.

17:28

I don't know that's the case. I'm just

17:30

saying like that's kind of freaky and so

17:32

more people are now they're taking their crypto

17:34

off of the exchanges putting

17:37

it in their own their

17:40

own wallets and just the other day Joel

17:42

I was I had some you

17:44

know we talked about stacks recently so I had some

17:46

stacks that I was trading on there. I

17:49

opened up Coinbase on the day where Bitcoin

17:51

passed 60k. I opened up Coinbase and I

17:53

think I was one of the early ones

17:55

to see this but I saw zero assets

17:57

in my wallet and I I

18:00

had cleanup on aisle two in

18:02

my pants and I was

18:04

like, whoa, whoa, whoa. And then I saw I

18:06

closed the app and I opened it back up,

18:08

zero assets. And I was like, that's weird. Why

18:10

would somebody have taken my 42 cents

18:13

of compound also that I earned

18:15

from whatever reason in there? You know, I was like,

18:17

this is weird. And then so I go to my desktop.

18:19

I go, it's probably a glitch on the app. Let

18:21

me go to the desktop. Zero

18:23

assets there. And I was like,

18:25

and that's when my stomach was like, oh,

18:28

God. And crypto dropped instantly like

18:30

$3,000 Bitcoin went like that because

18:32

people are thinking, oh, we've been

18:34

hacked and there's been a point.

18:36

This just went down. Long story

18:39

short, Coinbase went down. There was

18:41

so many people converging on Coinbase

18:43

at once that Brian Armstrong said,

18:45

wow, we had to increase our

18:47

servers because there's so much traffic

18:50

right now. We've got unforeseen amounts

18:52

of it and they fixed it

18:54

and everything was good. But what happens

18:56

if I'm just saying might want to

18:58

make if you don't have yourself a

19:00

ledger or a cold storage wallet of

19:03

some sort yet might not

19:05

be a bad idea to look

19:07

into one. Get one. And that's

19:09

that's just practical advice, not financial

19:11

advice. Protect your cryptos, folks. Meanwhile,

19:13

BlackRock continues to expand their spot.

19:16

Beak Bitcoin ETF. And now they

19:18

are trading in Brazil. I

19:20

actually bought a little I bet the

19:22

iShares Bitcoin Trust on Robinhood, who was

19:24

guest on our show last week. It's like thirty

19:27

five thirty six dollars a share. And I'm like,

19:29

oh, here's another way to invest in Bitcoin. I'm

19:31

just going to buy a few

19:33

of these just so I can say,

19:35

hey, I'm in the Bitcoin ETF as

19:38

well. And so BlackRock is expanding. It

19:40

is the most successful ETF to date.

19:42

And we're just getting started, dude, or

19:44

just getting started. Just getting started.

19:47

And then can you show that that screen right

19:49

there that I have in the show notes, the

19:51

Bitcoin OTC desk balance right

19:53

there. Yeah. We're

19:55

seeing the price. We're seeing something that I

19:57

don't know that I've ever seen. where

20:00

we're looking at supply

20:03

versus demand in such a clear picture.

20:05

So you have most people who are

20:07

holding on to their Bitcoin right now

20:10

and they're not selling. And

20:12

so you have, so with

20:14

the amount of miners that's coming in, they're

20:18

only mining what? Five, six thousand Bitcoin

20:20

a day, but these ETFs are buying

20:22

up like 30, trying

20:25

to buy up like 30,000 Bitcoin a day and

20:28

the supply is not there. So what's

20:30

gonna happen is the test, the price

20:32

testing is gonna start becoming really evident

20:34

because oh, there's not enough Bitcoin, oh,

20:37

what price do we need to have

20:39

it go to so people will start

20:41

selling us their Bitcoin. We're

20:43

getting into that territory now, Joel. Yeah, I

20:45

mean, there's only, if there's 140, 12

20:50

times 12, 144 blocks a day are sent out and

20:55

it's six and a quarter Bitcoin per

20:58

block right now. So it's what, 800

21:00

Bitcoin a day, something like that? 900,

21:02

it's not. But what happens when the

21:04

halving happens and then you get even less? You

21:07

get half. Yeah. That's

21:09

what happens. What's that halving? Coming. Oh

21:12

my God. Crypto stocks also looking

21:14

really good. Coinbase is looking really

21:17

solid. A number of companies are

21:19

doing great. MicroStrategy is killing it.

21:22

CleanSpark, Marathon Digital, Iris Energy, Riot

21:24

Platforms, all of these advancing. So

21:26

this is a way to get

21:28

exposure to Bitcoin without owning Bitcoin,

21:30

although I don't know why you

21:33

wouldn't want to own Bitcoin, but

21:35

related stocks are doing really well

21:37

also. Yeah, and so

21:40

what's happening now, we got all this influx

21:42

going into Bitcoin. Now, what

21:44

is that breaking point where

21:47

more and more starts going

21:49

into the meme coins, right? And

21:51

some of these other altcoins. And

21:54

that's one of the big questions because it looks

21:56

like, you know, because of

21:58

the Bitcoin ETFs and how maybe in

22:00

this sort of left forward sort

22:02

of cycle where a little early to the

22:06

having. Typically it's

22:08

always been like after about five, six

22:10

months after the having, Bitcoin's kind of

22:13

done its big run up and then

22:15

there's a certain point where Bitcoin right

22:17

now is at like 51%

22:19

dominance in the crypto market and then something happens

22:22

where that money sort of pours out and goes

22:24

into the alt. We're seeing money

22:26

pouring into these mean coins already and

22:28

so it's like my

22:30

god look if you can look

22:32

at this chart right here Joel

22:34

it's insane. Yeah it's really something

22:36

and by the way we should

22:38

mention being big fans and pioneers

22:40

of the wax blockchain that a

22:42

meme coin across chain coin

22:45

is coming to wax it's called

22:47

Woofie w-u-f-f-i.io.

22:49

They're going to

22:53

be on wax and on

22:55

Solana and they've already done

22:57

a snapshot of wax wallets

22:59

and depending how many wax tokens you

23:01

are holding you know 1000 you get this

23:03

much 2000 you get this much up to

23:05

10,000 which is the max and

23:08

those have already been snapshotted. They've snapshotted

23:10

the top 20 most popular

23:13

active collections in the marketplace and if

23:16

you have NFTs in your wallet from

23:18

any of those you're in the snapshot

23:20

and next I think next week they

23:22

might be or maybe this week they're

23:24

snapshotting Solana and then they're going to

23:26

do an airdrop of this token and

23:28

allegedly it is going to be on

23:30

Solana and wax and cross

23:32

that bridge for

23:35

gamers especially with this

23:37

meme coin and I'm pretty excited about

23:39

it because I think it's going to

23:41

bring a lot of attention to wax

23:43

where we don't pay gas fees for

23:46

minting NFTs. Yeah

23:49

there you go Woof Woof and so if

23:51

you have collected it as Joe mentioned if

23:53

you collected some wax along the way or

23:56

some NFTs along the way go

23:58

into their discord right? Yeah,

24:00

there was a discord for Woofie so you can go check

24:02

that out as well. Other

24:04

altcoins, you know, are gonna be on the

24:06

run gang. I mean last time around we

24:08

saw a lot of 10x's. Now we saw

24:10

a lot of, you know, the moon shots

24:12

for coins that may

24:15

not have really had substance that went

24:17

up more, but in general an altcoin

24:19

rally means a lot of coins.

24:21

We're gonna see 10x's in them. You just got to

24:23

pick the right ones and make sure

24:25

you know what you're doing. You know, I fully expect

24:28

to see Solana, you know, hit 300, 400. I

24:31

expect XRP to be well over a

24:33

dollar. I expect many of

24:35

the tokens that have been building

24:38

during this bear market to

24:40

have incredible rises as well.

24:42

Why? Because as the

24:45

mainstream begins to invest in Bitcoin

24:47

and Ethereum, which might have ETFs

24:49

shortly, I do expect Ethereum. My

24:51

hope as an investor is that

24:53

we'll see $10,000 Ethereum. I

24:56

believe a lot of these altcoins, they're gonna

24:58

ride this wave with it. Those that have

25:00

been building this whole time and aren't just

25:02

saying, hey, one day we're gonna have this

25:04

thing, this cool technology, but actually can say,

25:06

hey, we've built this thing. It's working now.

25:09

We're gonna see real money pour into them

25:11

the way we see money pour into companies

25:13

that are actually conducting commerce. Yeah,

25:16

and if you look at kind of touching

25:19

base on what you were just talking about,

25:21

Bitcoin to ETH, the

25:24

pair, right? It got up to

25:26

like, you know, maybe what, 10 ETH is

25:28

equal to 1 Bitcoin at one point. Kind

25:30

of was really close to that even recently.

25:32

And now it's gotten down to where

25:35

1 ETH is worth about

25:37

0.05 something of a Bitcoin. So

25:40

you need like 20 ETH to equal

25:43

that. So we're gonna most likely see

25:45

that again, that's gonna balance out where,

25:48

you know, that means that just

25:50

based on Bitcoin hitting 70,000, that

25:52

means like Ethereum should hit 7,000

25:55

in a sense, right? Not

25:57

Financial Advice, It's historically saying what's happening. And

26:00

like. We're. Going to see

26:02

a big pushing the that I think

26:05

so I don't know. Man up. We've

26:07

never seen anything like this. And.

26:09

So it's hard to predict word things are

26:11

going. Well. It's true, we've

26:13

not seen a but you know

26:16

here we are early mainstream adoption

26:18

and when you've got that. Place.

26:20

On the technology adoption curve, you see

26:23

what happens with that curb. It just

26:25

goes up for a long time because

26:27

adopt Since crypto adoption, blotting roast and

26:29

creation has not ceased during this Bear

26:32

Markets and there's a lot of people

26:34

out there yet that are hearing bitcoin

26:36

and going rate Bitcoin. I thought that

26:39

was dead. It's been that many

26:41

times, has been dead many times. I thought

26:43

was another thing like three years ago when

26:45

in you know I I told my brother

26:47

about and he lost a bunch of money

26:50

and and you know it when it was

26:52

it's fifteen thousand they're saying should I buy

26:54

that now my God on earth to go

26:56

down more. I was here. we

26:58

are. Your by the way of

27:01

want to sell my home do not like

27:03

Bitcoin. Fifteen grand would sell his home immediately

27:05

but or it in there and and unfortunately

27:08

it of way too many monster finally found

27:10

a home but I was like dude I

27:12

want that said T k Bitcoin and we

27:14

knew guy are actually I was seeing people

27:17

say all bitcoins going to go down to

27:19

twelve hours like okay big on goes on

27:21

a twelve still it beats a not of

27:23

the has a good deal. So.

27:26

Apparently Vitaly doesn't like mean coins.

27:29

Amin. So what? Yeah.

27:31

He you don't have to there's a story to guys

27:33

want to read It weighs in on him and he

27:35

said thinks. This. Is a big deal

27:37

though. Trap talk about this Elon Musk

27:39

and Sam Altman. right?

27:42

So you know you on was

27:44

one of the original founders of

27:46

Open A I with Sam Altman

27:48

and I believe he put in.

27:51

Five. Hundred million dollars or something in it

27:53

And and but he he put in five

27:55

hundred million dollars if I recall correctly and

27:57

he owned know stop because it was a

27:59

non. The for Profit time to

28:01

think Well he's saying hey you

28:04

guys did your non profit missions

28:06

and now it would on the

28:08

street is. A Sam

28:10

Altman an open Ai has. Has

28:13

reached a D I A which

28:15

is artificial general intelligence and they

28:17

think that's they reached it and

28:19

and you on musk as say

28:21

hey we can't be put in

28:23

profits ahead of civilization right of

28:25

future of civilization you're harming. So

28:28

if we set up this to

28:30

create a I've for the benefit

28:32

of humanity and you're going against

28:34

all of that. So. It's.

28:36

Wild And I just say

28:38

that in Gadget in the

28:40

era of a I and

28:42

we have had you know

28:44

up proofing. Or. Proofing tools

28:46

for so many years. Why the hell

28:49

does say Muskal? In. This some

28:51

U S K L is as the

28:53

name. Muskal. Referring to

28:55

Elon Musk. To. Mine gadget

28:57

do better like a mainstream publications

28:59

article been a grammar naughty. The

29:01

A check for typos it's Iowa

29:03

or it bugs me. It really

29:05

does like budget. I'm gonna start

29:07

texting you more often. What? Type

29:09

us? Now

29:11

typo you back page all. At

29:16

Me and my grammar Nazi. So

29:18

lots going on out there. Dang,

29:20

I'm and the We. We have

29:22

some news internally as well about

29:24

our and Is T collections, but

29:26

I'm not to be shared publicly

29:28

yet. We are having a Hero

29:30

Report Meeting for holders of block

29:32

Chain Heroes on not Wednesday and

29:34

if you want to know more

29:36

about the timing and up place

29:38

for that, make sure you're in

29:40

the discord discord that Gg forward/nifty

29:43

where the time and place will

29:45

beat. And we're going to be

29:47

talking with community about the future of

29:49

block chain heroes and out what happens

29:51

next. Yeah, the austro. Yeah.

29:54

We just say if you

29:56

are a member of the

29:58

Bad Crypto nifty club on

30:00

Uncut.network you're gonna be happy.

30:03

Down. The road is ram fun were create

30:05

some awesome stuff and pay attention to that space

30:07

and was a cause now. Have you

30:10

got to join that thing that price? seventy?

30:12

I am I to. but seven dollar them

30:14

And dollars. So he goes. don't have the

30:16

shit bag, Crypto, the Uncut.network and you're a

30:19

fan of bankrupt. A We Drop and F

30:21

T's to our listeners regularly. I mean, we've

30:23

done dozens of them and if he does

30:25

go to this page on. this is the

30:28

only thing you need by most of the

30:30

end of teaser airdrop for free. But this

30:32

is how we know who gets the airdrops

30:34

because they've invested seven dollars as of today.

30:37

It's point. Oh, to eat anti of this

30:39

spinney collectible. Just pulling your wallet

30:41

right there. Just grab it. You

30:43

can even pay cash for it

30:45

on on caught. They've had some

30:47

really great developments over here and

30:49

they make it super easy for

30:51

you to get one of these.

30:53

so go grab one back Crypto.uncut.network

30:55

and we will make signings appear

30:57

in your wallet whenever we feel

30:59

like it. It's. True. Recounts.

31:02

Thank you so much for to to man

31:04

we really appreciate it makes her to leave

31:07

a review. If you like the show, this

31:09

is the time of year, the time of

31:11

the cycle when people start getting excited to

31:13

start shooting back in the crypto. So thanks

31:15

for listening. I swam farm where keep doing

31:17

it and I were don't one show a

31:19

week. Right now as Crypto grows we might

31:22

have additional ideas. The papa additional shows we

31:24

might do one and a half. My.

31:26

The wanted to have shows hamilton's month

31:28

will throw in an extra shower, say

31:30

you know what have I think it's

31:32

we wind up the show. This is

31:34

a good time to revive are parody

31:36

song that we did back in two

31:38

thousand and Seventeen and knock off of

31:40

and sings bye Bye Bye But this

31:42

was not bye Bye Bye As and

31:44

see you This is bye Bye Bye

31:46

as in bitcoin. You can enjoy it

31:48

right now or you can save yourself

31:50

pain and suffering a turnoff. Either way,

31:52

say that. Five. five

31:55

five Oh,

32:09

I'm not sure if I

32:11

got it right Should

32:13

I buy, well, I just might

32:16

It's the corn that's come on

32:19

I wanna make money Maybe

32:22

this could be for me I

32:25

guess we'll just have to see Oh,

32:27

I can make some I

32:30

heard it on the bad crypto

32:33

I don't think they lie I

32:36

wanna see some profits Or

32:38

should I buy, buy, buy

32:40

Don't wanna be that down

32:42

no more Because I'm really

32:44

tired of being poor It

32:47

sounds risky, but I've got

32:49

to try It's difficult, buy,

32:51

buy, buy The crypto's kinda

32:53

tough But the US dollars

32:55

really had enough My wife

32:58

may leave me and I just

33:00

might try Buy, oh, buy, buy,

33:02

buy Oh,

33:05

oh, I think this work

33:08

needs proof The

33:10

open ledger shows the

33:12

truth Show me some

33:14

consensus with blockchain Come

33:17

on, now I can

33:19

look and see With

33:21

a little transaction fee

33:23

The coin is finally

33:25

in my wallet I

33:27

got some I

33:29

hope it goes up for him

33:32

away up to the sky I'm

33:35

counting up the crypto score

33:37

Time to buy, buy, buy

33:40

The coin in Ethereum It's

33:42

my new addiction and I'm having fun

33:46

I'm obsessed with this and I am

33:48

not shy I like to buy, buy,

33:50

buy Maybe I'll get

33:52

like 22 It's a great investment

33:54

I should hope it's true I

33:57

can't stop now, cause I've got to

33:59

try I'm a bull, man, I'm in too deep. I

34:07

think crypto is the reason that I just can't free.

34:10

I'm buying low, you gotta

34:12

buy the dip when you're

34:14

in crypto. Holy

34:17

cow, the market's down.

34:20

Where's my money gone?

34:23

I might just lose my

34:25

mind. Buy, buy,

34:27

buy my money on my level anyway. Every

34:30

time the market will be back, hooray!

34:33

I'll be patient, but I'll

34:36

just move on. Baby, buy, buy,

34:38

buy. Look, the price

34:40

is going down. I really do not like

34:42

it, it just makes me proud. With

34:45

a great big stack, gonna

34:48

buy, buy, buy, buy, buy.

34:53

I just made a great big stack. I'm

34:56

so happy, it's an all-time high.

34:59

Love to buy, buy, buy. That

35:05

was bad. That was truly bad.

35:07

Wow. Who's bad? The

35:11

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35:13

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35:15

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