4:00

Here's what's really crazy Joel, Terra

4:02

Luna, L-U-N-C, it's a Terra Luna

4:04

classic, is up on a Terra

4:06

this week. It's up 90% right now over

4:08

the last seven days. And

4:10

even UST, the other

4:13

one, the USDT, not

4:15

that one, the other one that they had, they had a weird one,

4:17

U-S-U-T-D, that

4:19

one went off too. Luna's gone up. So

4:22

something's going on. There's some people thinking that

4:24

Terra's gonna blow up, I guess, and then

4:26

there's been almost a half a billion dollars

4:28

in volume on that too. Actually, $700 million

4:30

worth of action on

4:34

Terra Luna classic. So there they are.

4:37

There's some people out there mining

4:39

shit coins, man. They're out there

4:43

mining the field, making sure there's no

4:45

shit coin that's gone unturned. Speaking

4:47

of that, the lead story

4:50

on CoinDesk, Bitcoin tops 42K

4:52

as crypto market recovers to

4:54

pre-Tara levels. If you'll think

4:56

back to when all this

4:58

started falling apart, Terra was

5:00

the first shoe to drop,

5:02

right? Terra and then

5:04

Celsius and then FTX, something

5:07

around that was the order. So Terra was

5:10

the first time that we've seen, since

5:13

the crash, that Bitcoin has

5:15

recovered to that price. And

5:18

it didn't take as

5:21

long as I thought it would. Things

5:23

are moving very quickly right now. Almost

5:25

in a something ain't right kind

5:27

of way. It's

5:30

really weird. So if we're looking at

5:32

the last halving, Joel, remember the last

5:35

halving was really interesting too, because of

5:37

COVID, right? So if we were sitting here,

5:39

we'd be sitting right now in December 2019.

5:45

Looking at that, from December 2019 to March

5:47

2020, in

5:50

March 2020, Bitcoin went all the way down to 36, $3,800. It

5:55

went way down as everything

5:57

stopped in the global economy. And

6:00

so this one seems

6:02

to be doing a run up

6:04

quicker than previous bull runs. But

6:07

then again, never before have we had

6:09

this kind of inflation and,

6:12

you know, just printing of money like we have.

6:14

And we've never had this much US debt. So

6:17

keep in mind, a lot of times, folks,

6:19

when Bitcoin and some of these cryptos are

6:21

tearing off like they are, it's

6:24

not because they're so valuable right

6:26

now. It's because the dollar is

6:28

becoming less and less, you

6:31

know, handy to hold on to a

6:33

lot of people out there aren't wanting

6:35

to hold on to their dollars. And

6:37

we're talking worldwide. Now, a lot of

6:39

countries don't even have to buy dollars

6:41

before they're buying oil anymore. So that's

6:43

changing the game, too. So people are

6:45

needing less dollars. There's more dollars in

6:47

circulation, you know, and

6:49

so we're coming to man,

6:52

it looks like there's these two high speed trains

6:54

just flying at each other, Joel. We don't know

6:57

exactly when they're going to pop into each other,

6:59

but it looks almost inevitable. You know, just like

7:01

we thought Bitcoin was going to go higher at

7:03

69 and nobody then saw the

7:08

all the black swan events take place

7:10

that that happened. There's things that are

7:12

happening now that you can't go back

7:15

in the timeline of Bitcoin, say these

7:17

the world has looked like this before.

7:19

And I just picked up on this

7:21

story on Cointelegraph where they're saying, you

7:24

know, it could be orchestrated choreographed by

7:26

whales, the moves that

7:28

we're seeing right now. But what's most interesting to me,

7:31

if you scroll down this article, which

7:33

is in the show notes at badcode.in

7:35

4 slash 704 is this

7:37

particular chart right here where you

7:39

can see the bottom each

7:41

time 2015, 2019, 2022. And

7:47

you could look at what happens after

7:49

every time it goes to that bottom.

7:52

We go back up here, comes down

7:54

a little bit from this spot here

7:56

where the flag is just a little

7:58

bit and then all time high. Well,

8:00

here we are. Here's the bottom. We're

8:02

creeping up towards that flag line right

8:05

here And and and this is

8:07

the black swan the kovat crash right here

8:09

in 2020

8:11

now what happened if we

8:14

didn't see that kovat crash. Well, look what

8:16

happened in 2015 after the bottom

8:18

of 2015 So right

8:20

there that didn't even have much of a dip

8:22

at all when it had a full flag No, you're

8:24

right. So maybe we won't have a big flag this

8:26

time just because We

8:28

don't have a black swan event, but who knows

8:31

we could have multiple blocks one event I'm not

8:33

sure we don't know exactly what's gonna happen But

8:36

you know with with kovat being an anomaly in 2020

8:39

Then the flag here could literally be like

8:41

the one we had in the previous cycle

8:44

And it just kind of a little blip and it

8:46

just keeps on trucking But maybe we already had a

8:48

little flag right there look right here Trev This is

8:50

where you know in 2122

8:53

Terra Celsius FTX all that happened

8:55

right here Was it destined to

8:57

come back down to this line

8:59

even regardless of what happened with

9:02

those markets and exchanges? Because

9:05

they they send it always yeah, it's

9:07

always done that right So maybe it's just part

9:10

of the thing of getting a lot of you

9:12

know shysters out of the space right because it's

9:14

like there's a whole lot of a lot of

9:17

Potential to make a lot of money in this

9:19

space and so it brings out in some cases

9:22

it brings out the worst of humanity In some

9:24

cases right whenever they're in charge I mean he'll

9:26

look you know the CZ even

9:28

got got you know he had to step down

9:30

from CEO I'm not saying he

9:32

was nefarious, but you know they said

9:35

he did something right so it's

9:37

weird like it But I

9:39

always liked CZ so to me it's almost like

9:41

wow who are who's the daddy's now in crypto

9:43

right? Is it the

9:45

guy from coinbase bar and Armstrong like

9:47

is it the Gemini dudes is it

9:50

the winkle by dude? It's it's us.

9:52

We're missing our daddy's now. It's us.

9:54

We're you're the Daddy

9:58

Travie and daddy Joel here crypto,

10:00

Jamie. We're your daddies. Well, you know,

10:02

and as you're saying, you

10:04

know, talking about speculators coming in,

10:06

they are looking for DeFi, right?

10:08

Where the best yield that they

10:11

can get, what's the best shit

10:13

coin? What are the meme coins?

10:15

Where are people locking up money

10:17

right now to be able to

10:19

pull in crazy, mad TVL? And

10:22

so what we're seeing right here, total volume

10:24

locked in DeFi has gained more

10:26

than $15 billion in the

10:28

last six weeks, including many Solana

10:30

based products, which is really surprising

10:33

to me, the amount of faith

10:35

that people are putting in to

10:38

Solana. Is there a more popular

10:40

chain that has failed as much

10:42

as Solana has failed in terms

10:45

of the technology? I don't think

10:47

so. Not sure, but I don't know if

10:49

we're going to touch base on this today or not. And

10:51

I know if I'm looking through our notes here, I don't

10:53

necessarily see it. Put it in, put it in. Touch

10:56

that base. Well, I see, I

10:58

saw that I'll have to find the article or

11:00

maybe you guys can go find it on your

11:02

own, but I saw that the, uh, that FTX

11:04

is being sued for $24 billion. So

11:08

in addition to all the craziness that FTX

11:11

has had happen to them, they're also going

11:13

to, they're being sued by

11:15

the federal government and some, I think the SEC is

11:17

suing them or something for $24 billion. So

11:20

there's something going on with Solana. I

11:22

mean, if you're putting money in Solana,

11:24

then you've got balls of steel or

11:26

you know something I don't know. I

11:28

don't know. All I know is where there's money, um,

11:31

there are lobbyists. And

11:34

according to this story, US crypto

11:36

lobbying is on course for record

11:38

spending this year. They spent almost

11:40

19 million on lobbying to

11:42

Congress people by the end of the

11:45

third quarter, which is up $3 million

11:47

in the same period last year. And

11:50

they're going to be going to Capitol Hill

11:52

to find those, uh, people that are going

11:54

to be crypto friendly and, um,

11:58

to try to, to cause there's no. it

12:00

at this point, right? For years we've the

12:19

the the boys club is

12:21

adopting it and this

12:30

is going to flesh out hopefully on the

12:32

side of liberty and freedom there's no stopping

12:34

it. We

13:00

had this albatross around FTX

13:03

waiting on that to resolve that's

13:05

getting resolved. They were having some problems

13:07

with Binance. They figured that out. They

13:09

resolved that. I mean the SEC has

13:11

been suing crypto exchanges for violating these

13:14

unknown security laws that have never truly

13:16

been defined. So that's why Coinbase is

13:18

spending so much money on lobbying to

13:20

try to figure this stuff out while

13:23

the whole industry is waiting on this

13:25

spot Bitcoin exchange traded fund. When's the

13:27

ETF going to get here, right? So

13:29

when's things going to be in action,

13:31

right? So maybe some of the stuff

13:33

Joel is being cleaned up and

13:35

so hopefully the lobbyists are educating people because

13:37

a lot of people who are in Congress quite

13:39

frankly don't know jack shit about crypto and the

13:42

benefits of it and so hopefully they're getting educated.

13:44

And it's not just here in the

13:46

United States. It's around the world. A

13:49

Swiss city by the name of Lugano

13:51

now is accepting Bitcoin and Tether for

13:53

taxes. You could pay all your taxes

13:55

and community fees. Oh look at that

13:57

little picture they made here in Cointelegraph.

14:00

Swiss and coin telegraphy.

14:02

So more adoption

14:05

of Bitcoin and cryptocurrency

14:08

and I had to bring this in, Trav, just

14:10

to make the point that this

14:12

turns out to have been a

14:14

good idea for El Salvador, you

14:16

know, it was down 50% at

14:18

one point from their investment high

14:20

and now they are... They kept

14:22

buying. They kept buying. They have

14:25

dollar cost average and they are

14:27

in the green and suddenly President

14:29

Naib Bukele looks like the smartest

14:31

man on the planet, him in

14:34

MicroStrategy, right? Yeah,

14:36

MicroStrategy. Yeah, they actually... MicroStrategy

14:39

bought another, I believe,

14:41

$600 million worth

14:43

of that recently as well.

14:45

So they're stacking up. But you know, El

14:48

Salvador now, they've not

14:50

only have... They made

14:52

crypto, Bitcoin, such a

14:54

prevalent thing within their society. I think a

14:56

lot of their crime is going down as

14:58

well. I think they basically, they put the

15:00

lockdown on that N13 and El

15:03

Salvador is becoming one of the safest

15:05

countries in Latin America. I was actually

15:07

watching this video of this lady who's

15:10

very sort of, she's very wholesome

15:12

and very... She likes crypto, but she's

15:14

a conspiracy theorist too, a realist, conspiracy

15:16

realist. And said, man, me and my

15:19

boyfriend and my baby, we

15:21

went to El Salvador. We've never felt safe

15:23

or someplace. It's like, wow, you wouldn't be

15:25

saying that five years ago. That's for

15:27

damn sure. No, they are going to become...

15:30

They'll be the new, what Venezuela

15:32

was when Venezuela was a prosperous

15:34

nation before socialists and communists came

15:36

in and destroyed it. This

15:39

is what's going to happen in El Salvador and this

15:41

is not financial advice, but you can

15:44

still buy a citizenship in

15:47

El Salvador for the price of three

15:49

Bitcoin, which now costs significantly more than

15:51

it did even six months ago. But

15:54

Bukele said, we have no intention

15:56

of selling. That's never been our

15:58

objective. We're fully aware of that. the price will

16:01

continue to fluctuate in the future, it

16:03

doesn't affect our long-term strategy. They know

16:05

exactly what they're doing. And

16:08

I got a little side story here, Trav. I

16:11

got a friend here in Puerto

16:13

Rico who you know, Rustin, who

16:15

bakes amazing bread. He

16:18

makes amazing sourdoughs. Vacosia bread and

16:20

stuff, man. So good. And

16:22

he started a group on Signal for Us

16:24

Locals called Sadoshi. And what he

16:27

does is he bakes bread every week and

16:29

he posts a picture of it and whoever

16:31

wants it can claim it and you pay

16:33

for it with satoshis. And so

16:35

like I've bought several loaves for $12 in satoshis. And

16:39

I'm like, that bread, that is so

16:41

smart. What a way to save and

16:43

stack sats. That

16:45

$12. By the way, something you love. It's going to be a $100 loaf.

16:48

I'm going to look back and go, I spent

16:50

thousands of dollars on a few loaves of bread,

16:52

but good on him. I think

16:55

it's a brilliant strategy. So it's always the thing,

16:57

you know, it's like Bitcoin is not really a

16:59

currency if nobody's using it to buy stuff. So

17:02

it's good to hold it and it's also good

17:04

to spend it and keep that energy flowing. Right.

17:07

Like it's the energy of the river, baby. It

17:09

flows and it goes. And if you're holding on

17:11

to it all the time and not letting it

17:13

go, then that energy doesn't flow as much. So

17:16

it's an ebb and flow for sure. And it

17:18

goes and soon there's going to be a lot

17:20

of full mows. Robinhood is seeing it. Everything

17:23

has risen 75% November, nine

17:25

figures in revenue for people

17:27

trading crypto within the popular

17:30

app. And I'm sure right

17:32

now they're probably breaking

17:34

all kinds of records because with this

17:36

news coming out with Bitcoin finally getting

17:39

legs again and news of the ETF

17:41

people who are saying Bitcoin is dead

17:43

after FTX and Celsius and all of

17:46

that happened are suddenly going, oh, maybe

17:50

we better get on that train

17:52

after all. Maybe.

17:54

Get on the train, bitches. Time to go.

17:56

Yeah, man. When you're talking about 75% month

17:58

by month in pre. in trading. That's

18:01

big. Now Robinhood, they're

18:03

kind of on my list. They're not

18:05

on the good list. They're on the

18:07

naughty list, especially from how they did

18:09

everybody dirty during the game stonks. Right.

18:12

So I'm not a big fan of that.

18:14

But it just shows that these are the

18:16

people who are trading on Robinhood. They're the

18:18

ones that oh, they want to open their app.

18:21

They want to buy some crypto. They don't, they're

18:23

not necessarily advanced crypto users. But

18:25

a bigger amount of people

18:27

are starting to see it. And now we're going to

18:29

get to that point of this bull run keeps going,

18:31

we're going to start seeing where these tokens some token

18:33

that just, you know, maybe hasn't done

18:35

much yet, at least how it was last time

18:38

or oh, you buy into this one, boom, it

18:40

just goes up a ridiculous amount. You're like, what?

18:42

How did this how did this go up 250x?

18:44

Right. So it's

18:47

almost going to be like time to start listening. You

18:49

want to start tuning in to bad crypto more often,

18:51

because we're going to be doing at least one show,

18:53

maybe two shows as the space gets

18:55

more warmed up again, and talking about these

18:57

things that we're learning and interviewing and talking

18:59

to great people. So hopefully we can find

19:01

some of those big tokens. But more than

19:03

anything, make sure that you're at least not

19:06

financial advice, but stacking some stats, maybe getting

19:08

some Ethereum, maybe getting some Doge, because it

19:10

seems like Doge is going to be doing

19:12

something with x, right? Twitter is doing something

19:14

with that, they're figuring that out. Wait, wait,

19:16

do we know that? Because I know he

19:18

was talking about doing, you know, there'd be

19:20

some sort of crypto, but do we know

19:22

that it's Doge? Or are they don't know?

19:24

It's just one of those things. But I

19:26

mean, I look at this, Joel, if Doge

19:28

made it to 75 cents during the last

19:31

bull run, and does is nine cents now,

19:33

it just seems like not financial advice, but

19:35

I bought a little bit of Doge because I'm like,

19:38

Okay, well, let's go. This will probably hit at least

19:40

all time high on Doge too. Because you know how

19:42

people are with the internet communities and things. So we'll

19:44

just see, I would just say, make sure you get

19:46

the solid ones you know, and you love and then

19:49

play with some of the other ones, but don't play

19:51

with a lot of your your long term investments on

19:53

some of those other ones. Just have

19:55

some fun with it. Look at this, Trav,

19:57

the Bitcoin market cap has overtaken Berkshire Hathaway.

20:00

Wow market cap Bitcoin is

20:02

now the 10th biggest asset

20:04

by market cap following meta

20:07

and Nvidia let's see if there's a

20:09

Wow here's the chart right here gold

20:11

is the biggest market cap Apple

20:16

Microsoft Saudi Aramco I'm assuming

20:18

that's oil alphabet

20:21

slash Google Amazon silver Nvidia meta

20:23

and then Bitcoin and there's Berkshire

20:25

Hathaway right there so that's a

20:28

huge market cap in pretty never

20:30

a poison did pretty good huh

20:32

Joel that rat poison did

20:34

really well and I'm really curious if

20:37

we go back to coin gecko right

20:39

now and we look at the market

20:42

cap 857 billion at this very moment

20:44

and that means at

20:46

this moment it's

20:50

past meta it's actually number nine because metas

20:53

834 billion so as of

20:56

timestamp now it

20:59

is past Kuckerberg which

21:01

I'm a big fan of anything that

21:03

passes Kuckerberg because

21:05

he's a cock meanwhile

21:07

the BlackRock ETF has received

21:10

a hundred thousand dollars in

21:12

seed funding I explained to

21:14

me there's I guess there was a

21:17

filing a fund manager received

21:20

basically bought iShares Bitcoin

21:22

trust and I guess

21:24

this is how they

21:26

get an ETF off the ground so

21:29

they can trade on a stock exchange

21:31

so somebody's already tossed a stack of

21:33

money small for you know the big

21:36

players but something's got something's

21:38

happening somebody believes that something's about to

21:40

happen hmm so

21:43

I believe something that's good well I mean

21:45

realistically when the ETFs start popping off and

21:47

people are able to put money in that

21:49

we're gonna see something to probably like gold

21:51

and silver had happened to them I don't

21:53

want that fake paper gold and fake paper

21:56

silver and I don't want to take I

21:58

don't want fake paper good corn I

22:00

don't want fake paper Ethereum. But

22:03

because in the long term, it seems to me

22:05

that even though the total value of gold is

22:08

14 trillion, that seems like it's

22:10

probably repressed a little bit.

22:12

It's like it should be higher. Right.

22:15

It seems to me that the price of gold being

22:18

20, it actually passes all time high this week to

22:20

$2,100 or something. It's closing in on that. But that

22:22

is all time high. It

22:26

should be probably higher. If there

22:29

is 500 paper ounces of gold to

22:31

every one ounce of gold, that means that

22:33

number is way out of whack probably. You're

22:35

right. It did hit 2170. So

22:39

that is an all time high.

22:41

And of course, silver is nowhere near its all time high.

22:45

But I like to diversify.

22:48

And it can't hurt to have a little

22:50

gold and silver. I

22:53

would imagine during times of crisis, it could

22:56

be challenging to spend. You know, hey, here's

22:58

this big old gold coin. Could you break

23:00

it in half? So I found this

23:02

thing I think I showed you, Trev, called the Combi

23:04

Bar. The

23:07

Combi Bar. Yeah, let me actually I think

23:09

it's combibar.com. I

23:12

found this and it's basically fractional

23:15

gold and silver. It's a

23:17

bar. Here it is. I'll

23:20

put it up on the screen so you can

23:22

see it. And it's their grams. So it's 100

23:24

grams in a bar and you can break them

23:26

apart. They come just like this, both silver and

23:28

gold. Oh, that's a beautiful 50 grams right here.

23:32

And so like back in the day, Joel, whenever they

23:34

had to like they had like a, you

23:36

know, one of those eight pence or they had

23:38

like the, you know, the silver, the silver dollar over

23:41

there would always clip it off a little bit

23:43

because like, oh, I'm not giving you the

23:45

whole thing, but you can see little clip marks

23:47

in them. Yeah. So

23:49

this is like, give me a break of

23:51

that Combi Bar. You know, you just chip

23:53

off right there. And how much is one?

23:55

So a hundred grams. How much? It depends.

23:57

You can get the 50 gram one, the

23:59

hundred. 100 gram one 10 gram one,

24:02

but it's so basically a hundred grams

24:04

is Three and a half

24:06

ounces more or less. Okay, you know one of

24:08

the big ones Goal

24:10

is yes about three and a half

24:13

ounces. So there you

24:15

go. There's your precious metals update Let's

24:17

talk AI Trav. I know you are

24:20

interestingly enough I'm

24:22

not following AI as close as I thought

24:25

it would as closely as I thought I

24:27

would But you are playing

24:29

with it regularly. So talk to all tell

24:31

me here what you found Well,

24:34

this is some news here that's popping off

24:36

around, you know being has a new deep

24:38

search feature That is going

24:40

to be way better than anything that you're

24:42

gonna want to pop up from on Google,

24:44

right? So that's kind of one of those

24:47

things where it's really fascinating how that's working

24:49

here And so these

24:51

so being is connected to open

24:53

AI right? So Microsoft is

24:55

fun to them I mean a couple weeks ago

24:57

there was all that drama with with open AI

24:59

and and Microsoft and all the

25:01

stuff that's going on But so he says

25:04

that this deep search is not a replacement for the

25:06

existing web search But there is

25:08

some really things that that that chad GPT

25:10

can add on top of it So

25:13

and I think also with chad GPT having

25:15

all these plugins and different things that are

25:17

out there It does make it that

25:19

we can get some pretty comprehensive search Most of

25:21

the time if I want something like you know

25:23

what matter of fact I saw this bug in

25:25

my garage yesterday Joel or two days ago I

25:27

took a picture of it added it

25:29

to Chad GPT for I said, what is this bug?

25:31

What is this thing? It looks like it's a

25:33

centipede. It's like it says this is a household centipede

25:36

That's it. That's it. So I think that some of

25:38

these I saw I've seen like two or three of

25:40

them I think maybe when I was my stuff was

25:42

in storage here It got in there and they were

25:45

stored now they're hanging out. So I'll start to figure

25:47

out what do I need to do? Are

25:49

they dangerous? I can't tell what it is. And

25:51

so Chad GPT for gave me the information quickly

25:53

What like where else will I go to say?

25:55

Hey, here's a picture of this. Could you explain

25:57

to me what this is? And so

26:00

So it's pretty fascinating. And so

26:02

being able to do these deep features, deep

26:04

deep search features, you're going to be able

26:06

to get more information, maybe even quicker. And

26:08

what I think is cool about it is there's no advertising

26:11

with this yet. Right? So

26:13

yeah, if it's a household centipede, then you're supposed to take

26:15

it in as a pet. Right.

26:17

Yeah, I don't think so. They're really hairy looking. I

26:20

was like, that is a really hairy, scary looking thing.

26:22

So I literally, I told them,

26:24

I said, I went out and I said, listen, you

26:26

guys are not invited here. Cause

26:29

next time I see you, I'm going to smash you.

26:31

This is the one time I'm telling you, you got

26:33

to go. And so I'm not. Smash.

26:35

Well, speaking of open AI, it is the

26:38

first anniversary of chat GPT and their mobile

26:40

apps now have 110 million installs, $30 million

26:42

in revenue. That's

26:46

a year, year one. So basically since

26:48

chat GPT launched, now the revenue to me seems

26:50

low. I ain't a lie. The revenue seems low

26:52

for only $30 million and you have 110 million

26:54

people using it. In

26:59

a year though, in a year, I mean,

27:01

that's pretty impressive though, in a year and

27:03

look, and this is just global consumer spend

27:05

on iOS and Google play. And

27:08

the revenue was just since May when the

27:10

app came out. Okay. Right. And

27:13

it's five 14. So I'd say that, um, that

27:15

they're doing pretty well, Trav. And I wonder if

27:17

this is just from the apps. Yeah, it's from

27:19

the apps. This is mobile apps. Okay.

27:22

It's mobile apps. All right. Cause

27:24

I know I'm using the regular pro version right

27:26

from the desktop. I don't actually use the apps.

27:28

I have a, um, a

27:31

bookmark to the homepage of

27:33

chat GPT on my homepage. I just click.

27:35

I actually have never installed the mobile app.

27:37

So maybe I'll try that. There you go.

27:39

Yeah. That's all I use

27:41

really is the mobile app. Cause I'm like, uh,

27:43

you know, I'm making ice cream with my Ninja

27:45

cream. And it's like, it says it, this takes,

27:47

you know, 250 grams of, you know, whatever this

27:50

powder is. I'm like, chat GPT, how many

27:52

cups or how many teaspoons is, is 250

27:54

grams. I'm using

27:56

it as my conversion assistant. A

27:58

mastercard has launched the. shopping muse

28:00

and AI powered shopping assistance. So

28:02

the big boys are in

28:05

the game. This is a new

28:07

generative AI shopping tool designed to

28:09

help users get personalized product recommendations.

28:13

So you can ask the tool questions like, what

28:15

should I wear for a summer wedding? Or, oh

28:17

my gosh, can you recommend pieces for a minimalist

28:20

capsule wardrobe? That's exactly what I would have asked

28:22

as well. Well, you know what I think about

28:24

this, Joel, which I think it'd be really cool.

28:26

Cause I remember back in, man,

28:28

it had to be about 20 years ago,

28:30

really before things were taken

28:32

off. I think we were still Amazon, but I

28:34

was like, man, I remember watching an episode of

28:37

Friends. Joey had a really cool jacket on.

28:39

I was like, dude, that jacket's badass. I wonder what

28:41

that jacket is. I would totally buy that if I

28:43

knew what it was. And then, you know, at the

28:45

end of the episode, and I was like, and wardrobe's,

28:47

and I'm like, oh, what was, I

28:49

couldn't even see what that was, right? But

28:52

now it's like AI to be able to

28:54

watch an episode, look at it, and it'll

28:56

be like, oh, this is a jacket. This

28:58

is a leather jacket. Here's probably some comparable

29:00

leather jackets that you might like if you

29:02

like this, right? And I've always been waiting

29:04

for the ability to watch something on Netflix,

29:06

and then turn that into an e-commerce experience

29:08

where you can buy the stuff that people

29:10

are wearing, or you can buy some of

29:12

the side props that are in the episodes

29:14

and stuff. You know that's coming. That's gonna

29:16

be a big e-commerce sort of deal when

29:18

that sort of hits. And so I'm sort

29:20

of waiting for that. And

29:23

in the NFT world, we are watching the

29:25

NFT markets and I

29:28

don't know that there's a huge

29:30

boom of NFTs coming

29:33

back yet, but I'm seeing specific collections.

29:35

Like if you're just to look at

29:37

the overall floor price on the large

29:39

collections, the known collections, they're

29:42

all moving up, right? The biggest ones are

29:44

moving up, and I gotta point this one

29:46

out, Trav, because I'm still holding a pudgy.

29:50

The floor right now for a pudgy penguin is

29:52

9.1 e. And

29:55

it hit as high as 11 e a

29:57

few days ago. The little pudgies are coming

29:59

back. up, the rods are up and

30:02

I think this is when

30:06

you have a brand, an IP

30:08

that appeals which

30:30

is a website and I guess there's

30:36

I46 Maybe

31:38

he's just a pirate. You know, pirates would use

31:40

those just so in case they had to go

31:42

down below, they didn't actually have a missing eye.

31:44

They just put the eye piece over, so they

31:46

would have the darkness ready for

31:48

the dark and the redness ready for the light at the same

31:50

time. So

31:53

people might be like, well, why wouldn't you

31:55

sell that thing for, you know, uh, 18

31:58

grand. Yeah, I mean it

32:00

was it was 22 a few days ago, and

32:02

I'm like you know what this as far as

32:05

I'm concerned is my board Ape this is the

32:07

item that I'm just gonna hold on to do

32:09

or die It's either gonna go to zero or

32:11

they're gonna continue to do a good job Branding

32:14

and selling these products and

32:16

onboarding people into into the

32:19

space and and I think they're going to

32:21

I see no sign of them Stopping that

32:23

there's only eight thousand eight hundred and eighty-eight

32:26

Pudgy penguins, I'll ever exist so

32:28

I'm Pudgy, I don't want

32:30

to try to you know time the market sell

32:32

it and then maybe you can buy one back

32:35

Maybe you can't I don't know it's easier to

32:37

not It's a little the lows already been here

32:39

like it got down to two at one point

32:41

I saw it down low So I

32:43

mean the low has been here now if the markets

32:45

taken off then guess what that price is probably not

32:48

gonna dip too Much more and only the price of

32:50

a theory is going to increase Assuming

32:52

this bull run keeps going on and

32:55

something else doesn't happen like I mean imagine if

32:57

something crazy happened to coinbase And

32:59

then people could do their on and off ramp

33:01

in there like that would cripple the crypto market

33:03

So I think you know as long as there's

33:05

not a black swan that involves coinbase at this

33:07

time I think hopefully we're in the clear, but

33:09

you never know you never know mr. Joe come

33:12

why the swans you know get such a

33:14

bad rap especially black ones I

33:16

mean like bulls and bears and swans

33:19

swan Stop staring

33:21

at me stop staring at me swan.

33:24

Hey everybody. Thanks for for joining us

33:26

as always We appreciate you would love

33:28

a five-star review on whatever platform You

33:31

listen to us and don't be afraid to

33:33

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33:35

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33:37

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33:43

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33:49

be back next week with more bad news,

33:51

right? Yeah, and I would say also

33:54

don't be afraid to stay

33:56

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